Document:

Form of Non-Qualified Stock Option Award Agreement

 Exhibit 10.8 

FLEETCOR TECHNOLOGIES, INC. 

EMPLOYEE NON-QUALIFIED STOCK OPTION AGREEMENT

 FleetCor Technologies, Inc. (the “Company”) hereby grants the following stock option pursuant to its
Amended and Restated Stock Option and Incentive Plan. The terms and conditions attached hereto are also a part hereof. 
  

			
	Name of optionee (the “Optionee”):	 	
		
	Date of this option grant:	 	
		
	 Number of shares of the Company’s Common

Stock subject to this option (“Shares”):
	 	
		
	Option exercise price per share:	 	
		
	 Number, if any, of Shares that may be

purchased as of the grant date:
	 	
		
	Shares that are subject to vesting schedule:	 	
		
	Vesting Start Date:	 	

 Vesting Schedule: 
  

			
	One year from Vesting Start Date:	  	
		
	Two years from Vesting Start Date:	  	
		
	Three years from Vesting Start Date:	  	
		
	Four years from Vesting Start Date:	  	
	
	All vesting is dependent on the continuation of a Business Relationship with the Company, as provided herein.
		
	Payment alternatives:	  	Section 7(i) through (ii)

 This option
satisfies in full all commitments that the Company has to the Optionee with respect to the issuance of stock, stock options or other equity securities. 
  

 

							
		 		 	FleetCor Technologies, Inc.
	  
	 		 	
	Signature of Optionee	 		 	By:	 	  

	  
	 		 	Name:	 	
	Street Address	 		 	Title:	 	
	  
	 		 		 	
	City/State/Zip Code	 		 		 	

 FLEETCOR TECHNOLOGIES, INC. 

EMPLOYEE NON-QUALIFIED STOCK OPTION AGREEMENT
— INCORPORATED 
 TERMS AND CONDITIONS 

1. Grant Under Plan. This option is granted pursuant to and is governed by the Company’s Amended and Restated Stock Option
and Incentive Plan (the “Plan”) and, unless the context otherwise requires, terms used herein shall have the same meaning as in the Plan. 

2. Grant as Non-Qualified Stock Option. This option is a non-statutory stock option and is not intended to qualify as an incentive
stock option under Section 422 of the Internal Revenue Code of 1986, as amended, and the regulations thereunder (the “Code”). 

3. Vesting of Option. 

(a) Vesting if Business Relationship Continues. The Optionee may exercise this option on or after the date of this
option grant for the number of shares of Common Stock, if any, set forth on the cover page hereof as being subject to purchase as of the grant date. If the Optionee has continuously maintained a Business Relationship (as defined below) with the
Company through the dates listed on the vesting schedule set forth on the cover page hereof, the Optionee may exercise this option for the additional number of shares of Common Stock set forth opposite the applicable vesting date. Notwithstanding
the foregoing, the Board may, in its discretion, accelerate the date that any installment of this option becomes exercisable. The foregoing rights are cumulative and may be exercised only before the date which is ten (10) years from the date of
this option grant. 
 (b) Definitions. The following definitions shall apply: 

“Business Relationship” means service to the Company or its successor in the capacity of an employee,
officer, director or consultant. 
 “Cause” means: (i) gross negligence or willful
malfeasance in the performance of the Optionee’s work or a breach of fiduciary duty or confidentiality obligations to the Company by the Optionee; (ii) failure to follow the proper directions of the Optionee’s direct or indirect
supervisor after written notice of such failure; (iii) the commission by the Optionee of illegal conduct relating to the Company; (iv) disregard by the Optionee of the material rules or material policies of the Company which has not been
cured within 15 days after notice thereof from the Company; or (v) intentional acts on the part of the Optionee that have generated material adverse publicity toward or about the Company. 

“Private Transaction” means any Acquisition where the consideration received or retained by the holders
of the then outstanding 

 
capital stock of the Company does not consist of (i) cash or cash equivalent consideration, (ii) securities which are registered under the Securities Act and/or (iii) securities
for which the Company or any other issuer thereof has agreed, including pursuant to a demand, to file a registration statement within ninety (90) days of completion of the transaction for resale to the public pursuant to the Securities Act.

 4. Termination of Business Relationship. 

(a) Termination. If the Optionee’s Business Relationship with the Company ceases, voluntarily or
involuntarily, without Cause, no further installments of this option shall become exercisable, and this option shall expire (may no longer be exercised) after the passage of three (3) months from the date of termination, but in no event later
than the scheduled expiration date. Any determination under this agreement as to the status of a Business Relationship or other matters referred to above shall be made in good faith by the Board of Directors of the Company. 

(b) Employment Status. For purposes hereof, with respect to employees of the Company, employment shall not be
considered as having terminated during any leave of absence if such leave of absence has been approved in writing by the Company and if such written approval contractually obligates the Company to continue the employment of the Optionee after the
approved period of absence; in the event of such an approved leave of absence, vesting of this option shall be suspended (and the period of the leave of absence shall be added to all vesting dates) unless otherwise provided in the Company’s
written approval of the leave of absence. For purposes hereof, a termination of employment followed by another Business Relationship shall be deemed a termination of the Business Relationship with all vesting to cease unless the Company enters into
a written agreement related to such other Business Relationship in which it is specifically stated that there is no termination of the Business Relationship under this agreement. This option shall not be affected by any change of employment within
or among the Company and its Subsidiaries so long as the Optionee continuously remains an employee of the Company or any Subsidiary. 

(c) Termination for Cause. If the Business Relationship of the Optionee is terminated for Cause (as defined above),
this option may no longer be exercised from and after the Optionee’s receipt of written notice of such termination. 
 5.
Death; Disability. 
 (a) Death. Upon the death of the Optionee while the Optionee is maintaining a
Business Relationship with the Company, this option may be exercised, to the extent otherwise exercisable on the date of the Optionee’s death, by the Optionee’s estate, personal representative or beneficiary to whom this option has been
transferred pursuant to Section 10, only at any time within one (1) year after the date of death, but not later than the scheduled expiration date. 

 (b) Disability. If the Optionee ceases to maintain a Business
Relationship with the Company by reason of his or her disability, this option may be exercised, to the extent otherwise exercisable on the date of cessation of the Business Relationship, only at any time within one (1) year after such cessation
of the Business Relationship, but not later than the scheduled expiration date. For purposes hereof, “disability” means “permanent and total disability” as defined in Section 22(e)(3) of the Code. 

6. Partial Exercise. This option may be exercised in part at any time and from time to time within the above limits, except that
this option may not be exercised for a fraction of a share. 
 7. Payment of Exercise Price. The exercise price shall be
paid by one or any combination of the following forms of payment that are applicable to this option, as indicated on the cover page hereof: 
  

	 	(i)	by check payable to the order of the Company; or 

  

	 	(ii)	delivery of an irrevocable and unconditional undertaking, satisfactory in form and substance to the Company, by a creditworthy broker to deliver promptly to the Company
sufficient funds to pay the exercise price, or delivery by the Optionee to the Company of a copy of irrevocable and unconditional instructions, satisfactory in form and substance to the Company, to a creditworthy broker to deliver promptly to the
Company cash or a check sufficient to pay the exercise price. 

 8. Securities Laws Restrictions on Resale.
Until registered under the Securities Act of 1933, as amended, or any successor statute (the “Securities Act”), the Shares will be illiquid and will be deemed to be “restricted securities” for purposes of the Securities
Act. Accordingly, such shares must be sold in compliance with the registration requirements of the Securities Act or an exemption therefrom and may need to be held indefinitely. Unless the Shares have been registered under the Securities Act, each
certificate evidencing any of the Shares shall bear a restrictive legend specified by the Company. 
 9. Method of Exercising
Option. Subject to the terms and conditions of this agreement, this option may be exercised by written notice, in substantially the form set forth on Attachment 1 hereto, to the Company at its principal executive office, or to such
transfer agent as the Company shall designate. Such notice shall state the election to exercise this option and the number of Shares for which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice
shall be accompanied by payment of the full purchase price of such shares, and the Company shall deliver a certificate or certificates representing such shares as soon as practicable after the notice shall be received. Such certificate or
certificates shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this option, shall be registered in
the name of the Optionee and another person jointly, with right of survivorship). In the event this option shall be exercised, pursuant to Section 5 hereof, by any person or persons other than the Optionee, such notice shall be accompanied by
appropriate proof of the right of such person or persons to exercise this option. 

 10. Option Not Transferable. This option is not transferable or assignable except by
will or by the laws of descent and distribution. During the Optionee’s lifetime only the Optionee can exercise this option. 

11. No Obligation to Exercise Option. The grant and acceptance of this option imposes no obligation on the Optionee to exercise
it. 
 12. No Obligation to Continue Business Relationship. Neither the Plan, this agreement, nor the grant of this
option imposes any obligation on the Company to continue the Optionee in employment or other Business Relationship. 
 13.
Adjustments. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the Company, no adjustment shall be made for dividends or similar rights for which the record date is prior to such date of
exercise. 
 14. Withholding Taxes. If the Company in its discretion determines that it is obligated to withhold any tax
in connection with the exercise of this option, or in connection with the transfer of, or the lapse of restrictions on, any Common Stock or other property acquired pursuant to this option, the Optionee hereby agrees that the Company may withhold
from the Optionee’s wages or other remuneration the appropriate amount of tax. At the discretion of the Company, the amount required to be withheld may be withheld in cash from such wages or other remuneration or in kind from the Common Stock
or other property otherwise deliverable to the Optionee on exercise of this option. The Optionee further agrees that, if the Company does not withhold an amount from the Optionee’s wages or other remuneration sufficient to satisfy the
withholding obligation of the Company, the Optionee will make reimbursement on demand, in cash, for the amount underwithheld. 

15. Restrictions on Transfer; Company’s Right of First Refusal. 

(a) Exercise of Right. Shares may not be transferred without the Company’s written consent except by will, by
the laws of descent and distribution or in accordance with the further provisions of this Section 15. If the Optionee desires to transfer all or any part of the Shares to any person other than the Company (an “Offeror”), the
Optionee shall: (i) obtain in writing an irrevocable and unconditional bona fide offer (the “Offer”) for the purchase thereof from the Offeror; and (ii) give written notice (the “Option Notice”) to
the Company setting forth the Optionee’s desire to transfer such shares, which Option Notice shall be accompanied by a photocopy of the Offer and shall set forth at least the name and address of the Offeror and the price and terms of the Offer.
Upon receipt of the Option Notice, the Company shall have an assignable option to purchase any or all of such Shares (the “Offered Shares”) specified in the Option Notice, such option to be exercisable by giving, within 15 days
after receipt of the Option Notice, a written counter-notice to the Optionee. If the Company elects to purchase all of such Offered Shares, it shall be obligated to purchase, and the Optionee shall be obligated to sell to the Company or its
assignee, such Offered Shares at the price and terms indicated in the Offer within 30 days from the date of delivery by the Company of such counter-notice. To the extent that the consideration proposed to be paid by the Offeror for the shares
consists of property other than cash or a promissory note, the consideration required to be paid by the Company may consist of cash equal to the fair market value of such property, as determined in good faith by the Board of Directors of the
Company. 

 (b) Sale of Shares to Offeror. The Optionee may, for 60 days after
the expiration of the 30-day option period as set forth in Section 15(a), sell to the Offeror, pursuant to the terms of the Offer, all of such Offered Shares not purchased or agreed to be purchased by the Company or its assignee; provided,
however, that the Optionee shall not sell such Shares to such Offeror if such Offeror is a competitor of the Company and the Company gives written notice to the Optionee, within 30 days of its receipt of the Option Notice, stating that the
Optionee shall not sell his or her Shares to such Offeror; and provided, further, that prior to the sale of such Shares to an Offeror, such Offeror shall execute an agreement with the Company pursuant to which such Offeror agrees to be
subject to the restrictions set forth in this Section 15. If any or all of such Shares are not sold pursuant to an Offer within the time permitted above, the unsold Shares shall remain subject to the terms of this Section 15. 

(c) Failure to Deliver Shares. If the Optionee (or his or her legal representative) who has become obligated to
sell Shares hereunder shall fail to deliver such shares to the Company in accordance with the terms of this agreement, the Company may, at its option, in addition to all other remedies it may have, mail to the Optionee the purchase price for such
shares as is herein specified. Thereupon, the Company: (i) shall cancel on its books the certificate or certificates representing such Shares to be sold; and (ii) shall issue, in lieu thereof, a new certificate or certificates in the name
of the Company representing such Shares (or cancel such Shares), and thereupon all of such Optionee’s rights in and to such Shares shall terminate. 

(d) Expiration of Company’s Right of First Refusal and Transfer Restrictions. The first refusal rights of the
Company and the transfer restrictions set forth in this Section 15 shall expire as to Shares on the earliest to occur of (i) the tenth anniversary of the date of this agreement, (ii) immediately prior to the closing of a public
offering of Common Stock by the Company pursuant to an effective registration statement filed under the Securities Act, or (iii) the occurrence of an Acquisition that is not a Private Transaction. In addition, if the Company and the Optionee
are parties to an agreement containing first refusal provisions similar to the foregoing, including, without limitation, the Stockholders Agreement (as defined below), such other agreement shall control. 

16. Stockholders Agreement. The Optionee acknowledges and agrees that the Shares purchased under this Agreement shall be subject
to all the terms and restrictions of the Company’s Sixth Amended and Restated Stockholders Agreement, dated as of April 1, 2009, as the same may be amended and/or restated from time to time (the “Stockholders Agreement”).
The Optionee hereby agrees that, simultaneously with the delivery to him or her of any Shares under this Agreement, and as a condition thereof, he or she shall execute any and all documents deemed necessary by the Company to cause the Optionee to
become a party to such Stockholders Agreement. 
 17. Lock-up Agreement. The Optionee agrees that in the event that the
Company effects an initial underwritten public offering of Common Stock registered under the Securities 

 
Act, the Shares may not be sold, offered for sale or otherwise disposed of, directly or indirectly, without the prior written consent of the managing underwriter(s) of the offering, for such
period of time after the execution of an underwriting agreement in connection with such offering that all of the Company’s then directors and executive officers agree to be similarly bound. 

18. Arbitration. Any dispute, controversy, or claim arising out of, in connection with, or relating to the performance of this
agreement or its termination shall be settled by arbitration in the State of Georgia, pursuant to the then applicable rules of the American Arbitration Association. Any award shall be final, binding and conclusive upon the parties and a judgment
rendered thereon may be entered in any court having jurisdiction thereof. 
 19. Provision of Documentation to Optionee.
By signing this agreement the Optionee acknowledges receipt of a copy of this agreement and a copy of the Plan. 
 20.
Miscellaneous. 
 (a) Notices. All notices hereunder shall be in writing and shall be deemed given
when sent by first class mail or via overnight courier service, if to the Optionee, to the address set forth below or at the address shown on the records of the Company, and if to the Company, to the Company’s principal executive offices,
attention of the Corporate Secretary. 
 (b) Entire Agreement; Modification. This agreement constitutes
the entire agreement between the parties relative to the subject matter hereof, and supersedes all proposals, written or oral, and all other communications between the parties relating to the subject matter of this agreement. This agreement may be
modified, amended or rescinded only by a written agreement executed by both parties. 
 (c) Fractional
Shares. If this option becomes exercisable for a fraction of a share because of the adjustment provisions contained in the Plan, such fraction shall be rounded down. 

(d) Issuances of Securities; Changes in Capital Structure. Except as expressly provided herein or in the Plan, no
issuance by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number or price of shares subject to this
option. No adjustments need be made for dividends paid in cash or in property other than securities of the Company. If there shall be any change in the Common Stock of the Company through merger, consolidation, reorganization, recapitalization,
stock dividend, stock split, combination or exchange of shares, spin-off, split-up or other similar change in capitalization or event, the restrictions contained in this agreement shall apply with equal force to additional and/or substitute
securities, if any, received by the Optionee in exchange for, or by virtue of his or her ownership of, Shares, except as otherwise determined by the Board. 

(e) Severability. The invalidity, illegality or unenforceability of any provision of this agreement shall in no way
affect the validity, legality or enforceability of any other provision. 

 (f) Successors and Assigns. This agreement shall be binding upon and
inure to the benefit of the parties hereto and their respective successors and assigns, subject to the limitations set forth in Section 10 hereof. 

(g) Governing Law. This agreement shall be governed by and interpreted in accordance with the laws of the State of
Delaware, without giving effect to the principles of the conflicts of laws thereof. 
 * * * * * 

 Attachment 1 

NOTICE OF ELECTION TO EXERCISE STOCK OPTION 

FleetCor Technologies, Inc. 
 655 Engineering
Drive, Suite 300 
 Norcross, GA 30092 

Dear Sir or Madam: 
 I,
                     (the “Optionee”) hereby irrevocably exercise the right to purchase
             shares of the Common Stock, $0.001 par value per share, (the “Shares”) of FleetCor Technologies, Inc. (the “Company”) at an exercise price of
$             per share, pursuant to the Company’s Amended and Restated Stock Option and Incentive Plan and a Non-Qualified Stock Option Agreement with the Company dated
             (the “Option Agreement”). Enclosed herewith is a payment of $            , the aggregate purchase price
for the Shares. The certificate for the Shares should be registered in my name or, if so indicated below, jointly in my name and the name of the person designated below, with right of survivorship. 

I acknowledge and agree that the Option Agreement remains in full force and effect and includes a number of restrictions on the transfer of the Shares,
as further described in the Option Agreement. I understand that I must notify the Company in writing immediately on early dispositions of the Shares. 

Further, I understand that the Shares have not been registered under the Securities Act of 1933, as amended, or any state securities laws. As a result, I
understand that I must continue to bear the economic risk of the investment for an indefinite time and that the Shares cannot be sold unless they are subsequently registered or an exemption from registration is available. 

 

							
	Date of Exercise:	 	  
	 		 	  

		 		 		 	Signature
		 		 		 	  
  

		 		 		 	Print Name
		 		 		 	  
  

		 		 		 	Address
		 		 		 	  

	  
  
	 		 	  
  

	Name and address of person in whose name Shares are to be jointly registered (if applicable)	 		 	Telephone Number
	 		 	  
  

	 		 	Social Security NumberForm of Performance Share Restricted Stock Agreement

 Exhibit 10.9 

FLEETCOR TECHNOLOGIES, INC. 

RESTRICTED STOCK AWARD AGREEMENT 

FleetCor Technologies, Inc. (the “Company”) hereby issues and sells the shares of its common stock specified below
pursuant to its Amended and Restated Stock Option and Incentive Plan. The terms and conditions attached hereto are also a part hereof. 
  

				
	 Name of purchaser (the “Stockholder”):
	  		
		
	 Date (“Grant Date”):
	  		
		
	 Number of shares sold hereunder (“Shares”):
	  		
		
	 Purchase price per share:
	  	$	0.001
		
	 Form of payment:
	  	 	Cash
		
	 Number of Shares that are “Vested Shares” on the Grant Date:
	  	 	0
		
	 Per Share Liquidity Value Requirement:
	  		
		
	 Number of Shares that are “Unvested Shares” on the Grant Date:
	  		

  
  

 
  

							
		 		 	FleetCor Technologies, Inc.
	  
	 		 		 	
	Signature of Stockholder	 		 	By:	 	  

	  
	 		 		 	Name:
	Street Address	 		 		 	Title:
	  
	 		 		 	
	City/State/Zip Code	 		 		 	

 FLEETCOR TECHNOLOGIES, INC. 

RESTRICTED STOCK AWARD AGREEMENT — INCORPORATED
TERMS AND CONDITIONS 
 FLEETCOR
TECHNOLOGIES, INC. agrees to sell to the Stockholder, and the Stockholder agrees to purchase from the Company, shares of the Company’s common stock (“Common Stock”) on the following terms and
conditions: 
 1. Grant Under Plan. This stock purchase is made pursuant to and is governed by the Company’s Amended
and Restated Stock Option and Incentive Plan (the “Plan”) and, unless the context otherwise requires, terms used herein shall have the same meanings as in the Plan. 

2. Purchase and Sale of Stock; Payment of Purchase Price. The Company hereby sells and the Stockholder hereby purchases the Shares
specified on the cover page at the price specified thereon. The purchase price is being paid by the Stockholder upon execution and delivery of this agreement as set forth on the cover page hereof. The Company will promptly issue a certificate or
certificates registered in the Stockholder’s name representing the Shares, with such certificates to be held in escrow in accordance with the terms hereof. 

3. Vesting if Business Relationship Continues. 

(a) Vesting. If the Stockholder has continuously maintained a Business Relationship with the Company through the
date of a Qualifying Liquidity Event that is not a Private Transaction, Unvested Shares shall become Vested Shares (or shall “vest”) as of immediately prior to such Qualifying Liquidity Event. “Unvested Shares”
shall be subject to the repurchase provisions described in Section 4 unless and until they become “Vested Shares.” If the Stockholder’s Business Relationship with the Company ceases, voluntarily or involuntarily, no
Unvested Shares shall become Vested Shares thereafter under any circumstances with respect to the Stockholder. Any determination under this agreement as to the status of a Business Relationship or other matters referred to above shall be made in
good faith by the Board. The Board, in its discretion, may accelerate any vesting dates. If (i) a Liquidity Event with a Per Share Liquidity Value less than $[            ] (such per
share price appropriately adjusted for stock splits, stock dividends and share combinations affecting the number of Fully-Diluted Shares after the date hereof) or (ii) an Offering with has a per share price to the public of less than
$[            ] (such per share price appropriately adjusted for stock splits, stock dividends and share combinations affecting the number of Fully-Diluted Shares after the date hereof)
occurs after the date hereof (a “Non-Qualifying Event”) no Unvested Shares shall become Vested Shares thereafter under any circumstances with respect to the Stockholder. 

(c) Definitions. The following definitions shall apply: 

“Business Relationship” means service to the Company or its successor in the capacity of an employee,
officer, director or consultant. 
  

 2 

 “Fully-Diluted Shares” means, as of any applicable date,
the number of shares of Common Stock outstanding as of such date, plus the number of shares of Common Stock that could be obtained through the exercise or conversion of all rights, options, warrants and convertible securities (whether or not then
exercisable or convertible) which are outstanding as of such date. 
 “Liquidity Event” means
the closing of (i) a sale of all or substantially all of the assets of the Company, or a merger or consolidation of the Company with or into any other corporation (other than a merger or consolidation in which shares of the Company’s
voting capital stock outstanding immediately before such merger or consolidation are exchanged or converted into or constitute shares which represent more than fifty percent (50%) of the surviving entity’s voting capital stock after such
consolidation or merger), or (ii) a transaction or series of related transactions in which a person or group of persons (as defined in Rule 13d-5(b)(1) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”))
acquires beneficial ownership (as determined in accordance with Rule 13d-3 of the Exchange Act) of more than 50% of the voting power of the Company. 

“Qualifying Liquidity Event” means (a) a Liquidity Event in which the Per Share Liquidity Value is
at least $[            ] (such per share price appropriately adjusted for stock splits, stock dividends and share combinations affecting the number of Fully-Diluted Shares after the date
hereof) or (b) a firmly underwritten offering of the Company’s common stock pursuant to a registration statement under the Securities Act of 1933, as amended, or any successor statute, resulting in gross proceeds to the Company (before
underwriting discounts and commissions and offering expenses) of One Hundred Million Dollars ($100,000,000) or more (an “Offering”) and which has a per share price to the public of at least
$[            ] (such per share price appropriately adjusted for stock splits, stock dividends and share combinations affecting the number of Fully-Diluted Shares after the date hereof).

 “Per Share Liquidity Value” means the Proceeds of a Liquidity Event divided by the
Fully-Diluted Shares; provided that if the Liquidity Event is (i) a sale of all or substantially all of the assets of the Company or (ii) a transaction or series of related transactions in which a person or group of persons (as defined in
Rule 13d-5(b)(1) of the Exchange Act) acquires beneficial ownership (as determined in accordance with Rule 13d-3 of the Exchange Act) of less than 100% of the voting power of the Company, the Per Share Liquidity Amount shall be equal to the Proceeds
of the Liquidity Event divided by the Fully-Diluted Shares divided by the percentage of the voting power of the Company or the percentage of the assets of the Company, as applicable, acquired in the Liquidity Event. The Per Share
Liquidity Value shall be calculated in good faith by the Board. 
 “Private Transaction” means
any Liquidity Event where the consideration received or retained by the holders of the then outstanding capital stock of the 
  

 3 

 
Company does not consist of (i) cash or cash equivalent consideration, (ii) securities which are registered under the Securities Act and/or (iii) securities for which the Company
or any other issuer thereof has agreed, including pursuant to a demand, to file a registration statement within ninety (90) days of completion of the transaction for resale to the public pursuant to the Securities Act. 

“Proceeds” means the aggregate value of the proceeds paid or payable to the holders of the Company’s
capital stock in their capacity as such in any Liquidity Event after payment (or assumption by the acquiror) of all outstanding obligations of the Company (to the extent such need to be discharged prior to any distribution in respect of the
Company’s capital stock, including but not limited to all interest-bearing indebtedness, and other indebtedness for borrowed money, but excluding any other payments, dividends, accrued interest or distributions with respect to the shares of the
Company’s capital stock (including a redemption of securities by the Company and/or an issuance by the Company of securities to existing stockholders)). The amount of Proceeds shall be calculated in good faith by the Board. 

(d) Termination of Employment. For purposes hereof, employment shall not be considered as having terminated during
any leave of absence if such leave of absence has been approved in writing by the Company and if such written approval contractually obligates the Company to continue the employment of the Stockholder after the approved period of absence. For
purposes hereof, a termination of employment followed by another Business Relationship shall be deemed a termination of the Business Relationship with all vesting to cease unless the Company enters into a written agreement related to such other
Business Relationship in which it is specifically stated that there is no termination of the Business Relationship under this agreement. This agreement shall not be affected by any change of employment within or among the Company and its
Subsidiaries so long as the Stockholder continuously remains an employee of the Company or any Subsidiary. 
 4. Restrictions
on Transfer; Purchase by the Company. The Stockholder may not sell, assign, transfer, pledge, encumber or dispose of (“Transfer”) all or any of his or her Unvested Shares except to the Company pursuant to this Section 4.

 Upon the termination of the Stockholder’s Business Relationship (whether voluntarily or involuntarily) or immediately
prior to the consummation of a Non-Qualifying Event, as applicable, the Stockholder (or the Stockholder’s representative) shall sell to the Company (or the Company’s assignee) all Unvested Shares in accordance with the procedures set forth
below. The purchase price (the “Repurchase Price”) of such Shares (the “Repurchased Shares”) shall be the number of Unvested Shares multiplied by the purchase price per share set forth on the cover page (subject to
adjustment as herein provided). The sale of the Repurchased Shares shall take place automatically upon termination of the Stockholder’s Business Relationship or immediately prior to the consummation of a Non-Qualifying Event, as applicable.
Such sale shall be effected by the Escrow Holder’s (as defined below) delivery to the Company of a certificate or certificates evidencing the Repurchased Shares, duly endorsed for transfer to the Company.

  

 4 

 
Upon receipt thereof, the Company shall mail a check for the Repurchase Price to the Stockholder or shall cancel indebtedness owed to the Company by the Stockholder by written notice mailed to
the Stockholder, or both. Upon the mailing of a check in payment of the Repurchase Price in accordance with the terms hereof or cancellation of indebtedness as aforesaid, the Company shall become the legal and beneficial owner of the Shares being
repurchased and all rights and interests therein or relating thereto, and the Company shall have the right to retain and Transfer to its own name or cancel the number of Shares being repurchased by the Company. 

5. Investment Representation. The Stockholder represents, warrants and acknowledges that the Stockholder: (i) has had an
opportunity to ask questions of and receive answers from a Company representative concerning the terms and conditions of this investment; (ii) is acquiring the Shares with the Stockholder’s own funds, for the Stockholder’s own account
for the purpose of investment, and not with a view to any resale or other distribution thereof in violation of the Securities Act of 1933, as amended (the “Securities Act”); (iii) is a sophisticated investor with such knowledge
and experience in financial and business matters as to be able to evaluate the merits and risks of an investment in the Shares and that the Stockholder is able to and must bear the economic risk of the investment in the Shares for an indefinite
period of time because the Shares have not been registered under the Securities Act, and therefore, cannot be offered or sold unless they are subsequently registered under the Securities Act or an exemption from such registration is available.
Furthermore, the Company may place legends on any stock certificate representing the Shares with the securities laws and contractual restrictions thereon and issue related stop transfer instructions. 

The Stockholder acknowledges and understands that the Shares have not been registered under the Securities Act, nor registered pursuant
to the provisions of the securities laws or other laws of any other applicable jurisdictions, in reliance on certain exemptions for private offerings, including those contained in Section 4(2) of the Securities Act, and in the laws of such
jurisdictions. The Stockholder further understands that the Company has no intention and is under no obligation to register the Shares under the Securities Act or to comply with the requirements for any exemption that might otherwise be available,
or to supply the Stockholder with any information necessary to enable the Stockholder to make routine sales of the Shares under Rule 144 or any other rule of the Securities and Exchange Commission. 

6. Escrow of Shares. All Unvested Shares shall be held in escrow by the Company, as escrow holder (“Escrow
Holder”). 
 The Escrow Holder is hereby directed to Transfer the Unvested Shares in accordance with this agreement or
instructions signed by both the Stockholder and the Company. If the Company or any assignee exercises its repurchase rights hereunder, the Escrow Holder, upon receipt of written notice of such exercise from the Company or such assignee, shall take
all steps necessary to accomplish such Transfer. The Stockholder hereby grants the Escrow Holder an irrevocable power of attorney coupled with an interest to take any and all actions required to effect such Transfer. 

 

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 The Escrow Holder may act in reliance upon advice of counsel in reference to any matter(s)
connected with this agreement, and shall not be liable for any mistake of fact or error of judgment, or for any acts or omissions of any kind, unless caused by its willful misconduct or gross negligence. 

With respect to any Unvested Shares that become Vested Shares, the Company, upon the written request of the Stockholder, shall promptly
issue a new certificate for the number of shares which have become Vested Shares and shall deliver such certificate to the Stockholder and shall deliver to the Escrow Holder a new certificate for the remaining Unvested Shares in exchange for the
certificate then being held by the Escrow Holder. 
 Subject to the terms hereof, the Stockholder shall have all the rights of a
stockholder with respect to the Unvested Shares while they are held in escrow, including without limitation, the right to vote the Unvested Shares and receive any cash dividends declared thereon. If, from time to time while the Escrow Holder is
holding Unvested Shares, there is any stock dividend, stock split or other change in or respecting such shares, any and all new, substituted or additional securities to which the Stockholder is entitled by reason of his or her ownership of the
Unvested Shares shall be immediately subject to this escrow, deposited with the Escrow Holder and included thereafter as “Unvested Shares” for purposes of this agreement and the repurchase rights of the Company. 

7. Certain Tax Matters. If the Company in its discretion determines that it is obligated to withhold any tax in connection with
the Transfer of, or the lapse of restrictions on, the Shares, the Stockholder hereby agrees that the Company may withhold from the Stockholder’s wages or other remuneration the appropriate amount of tax. At the discretion of the Company, the
amount required to be withheld may be withheld in cash from such wages or other remuneration. The Stockholder further agrees that, if the Company does not withhold an amount from the Stockholder’s wages or other remuneration sufficient to
satisfy the withholding obligation of the Company, the Stockholder will make reimbursement on demand, in cash, for the amount underwithheld. 

The Stockholder represents that he or she has received tax advice from his or her own personal tax advisor on the tax consequences of a
purchase of the Shares. The Stockholder understands the tax consequences of filing (and not filing) a Section 83(b) election under the Internal Revenue Code of 1986, as amended (the “Code”). Not in limitation of the foregoing,
the Stockholder understands that if a Section 83(b) election is made and the Stockholder’s Business Relationship terminates prior to the vesting of any Unvested Shares, then the Stockholder will have effectively paid tax on property that
the Stockholder never received. Further, the Stockholder understands that if a Section 83(b) election is made and the fair market value of the Shares has declined as of when any Unvested Shares vest, then the Stockholder will have effectively
increased and accelerated his or her tax liability with respect to such Shares. The filing of a Section 83(b) election is the Stockholder’s responsibility. 

8. Failure to Deliver Shares. If the Stockholder (or his or her legal representative) who has become obligated to sell Shares
hereunder shall fail to deliver such Shares to the Company in accordance with the terms of this agreement, the Company may, at its option, in 

 

 6 

 
addition to all other remedies it may have, mail to the Stockholder the purchase price for such Shares as is herein specified. Thereupon, the Company: (i) shall cancel on its books the
certificate or certificates representing such Shares to be sold; and (ii) shall issue, in lieu thereof, a new certificate or certificates in the name of the Company representing such Shares (or cancel such Shares), and thereupon all of such
Stockholder’s rights in and to such Shares shall terminate. 
 9. Lock-up Agreement. The Stockholder agrees that in
the event that the Company effects an initial underwritten public offering of Common Stock registered under the Securities Act, the Shares may not be sold, offered for sale or otherwise disposed of, directly or indirectly, without the prior written
consent of the managing underwriter(s) of the offering, for such period of time after the execution of an underwriting agreement in connection with such offering that all of the Company’s then directors and executive officers agree to be
similarly bound. 
 10. Arbitration. Any dispute, controversy, or claim arising out of, in connection with, or relating
to the performance of this agreement or its termination shall be settled by arbitration in the State of Georgia, pursuant to the rules then obtaining of the American Arbitration Association. Any award shall be final, binding and conclusive upon the
parties and a judgment rendered thereon may be entered in any court having jurisdiction thereof. 
 11. Provision of
Documentation to Stockholder. By signing this agreement the Stockholder acknowledges receipt of a copy of this agreement and a copy of the Plan. 

12. Stockholders Agreement. The Stockholder acknowledges and agrees that the Shares purchased under this agreement shall be
subject to all the terms and restrictions of the Company’s Sixth Amended and Restated Stockholders Agreement, dated as of April 1, 2009, as the same may be amended and/or restated from time to time (the “Stockholders
Agreement”). Contemporaneously with the execution and delivery of this Agreement, the Stockholder has executed and delivered an “Instrument of Accession” whereby the Stockholder has become a party to the Stockholders Agreement.

 13. Miscellaneous. 

(a) Notices. All notices hereunder shall be in writing and shall be deemed given when sent by mail, if to the
Stockholder, to the address set forth below or at the address shown on the records of the Company, and if to the Company, to the Company’s principal executive offices, attention of the Corporate Secretary. 

(b) Entire Agreement; Modification. This agreement constitutes the entire agreement between the parties relative to
the subject matter hereof, and supersedes all proposals, written or oral, and all other communications between the parties relating to the subject matter of this agreement. This agreement may be modified, amended or rescinded only by a written
agreement executed by both parties. 
 (c) Fractional Shares. All fractional Shares resulting from the
adjustment provisions contained in the Plan shall be rounded down. 
  

 7 

 (d) Changes in Capital Structure. In the event of any stock split,
stock dividend, recapitalization, reorganization, merger, consolidation, combination, exchange of shares, liquidation, spin-off, split-up, or other similar change in capitalization or event, the securities received in respect of such event shall be
“Shares” hereunder subject to this agreement and shall retain the same status as “Vested Shares” or “Unvested Shares” as the Shares in respect of which they were received, and the repurchase price per security subject
to repurchase shall be appropriately adjusted by the Company. 
 (e) Severability. The invalidity,
illegality or unenforceability of any provision of this agreement shall in no way affect the validity, legality or enforceability of any other provision. 

(f) Successors and Assigns. This agreement shall be binding upon and inure to the benefit of the parties hereto and
their respective successors and assigns, subject to the limitations set forth herein. 
 (g) Governing
Law. This agreement shall be governed by and interpreted in accordance with the laws of State of Delaware without giving effect to the principles of the conflicts of laws thereof. 

(h) No Obligation to Continue Employment. Neither the Plan, this agreement nor any provision hereof imposes any
obligation on the Company to continue the Stockholder in employment or any other Business Relationship with the Company. 
  

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