Document:

EX-10.1

FORM OF MIP AGREEMENT FOR EXECUTIVE OFFICERS

February 2015

[Name of Executive]

[Address]

Re: Lionbridge Technologies, Inc. 2015 Management Incentive Plan (MIP)

Dear :

I am pleased to inform you that you are invited to participate in the 2015 Lionbridge Management
Incentive Plan (“MIP”). As a participant, you are entitled to receive a cash incentive payment upon
the achievement by the Company in 2014 of the applicable following performance metrics set by the
Nominating and Compensation Committee:

	 	•	 	[Corporate-wide Revenue Target for 2015

	 	•	 	Corporate-wide Profitability Target for 2015

	 	•	 	Objectives related to the business or function you lead in your capacity as [title] at
Lionbridge (“MBO”)

	 	•	 	Other Product Line Performance Objectives].

Your potential MIP award is determined based on a percent of your annual based salary (“MIP
Percentage”), and your personal MIP Percentage is set forth in Exhibit A. Exhibit A also sets out
your personal MBO (if applicable), as well as the specific Revenue and Profitability targets set by
the Nominating and Compensation Committee.

Achievement of the MIP objectives will be determined by our Compensation Committee following the
completion of the audit of our 2015 financial results. The Committee has the sole discretion in
determining achievement of all objectives, including the MBO. In addition, the Committee has sole
discretion to adjust any award to reflect the impact of foreign currency exchange rate fluctuations
or any other extraordinary events.

The term “Revenue” means the revenue as reported in the Corporation’s financial statements for the
year ending December 31, 2015. The term “Profitability” means the Corporation’s adjusted EBITDA for
the Corporation’s fiscal year ending December 31, 2015, determined as follows:

	 	 	 
	•
	 	Income from Operations, plus

	•
	 	Merger, Restructuring & other charges

	•
	 	Amortization of Acquisition Related Intangibles

	•
	 	Depreciation

	•
	 	Amortization, and

	•
	 	Stock Based Compensation Expense

To receive a payment under the MIP, you must continue to be employed by the Company in your current
position at the time payment is determined and authorized by the Compensation Committee. In
addition, your participation in the MIP is conditioned on your acknowledgement that: (a) your
participation in the MIP is voluntary; (b) participation in the MIP and any award thereunder is not
part of normal or expected compensation for any purpose, including without limitation for
calculating any benefits, severance, resignation, termination, redundancy, end of service payments,
bonuses, or similar payments; (c) neither the MIP, nor the issuance or potential issuance of award
under the MIP confers upon you any right to continue in the service of (or any other relationship
with) the Company and (d) you reconfirm your contractual and legal obligations of confidentiality
to the Company and your obligations not to compete with the Company, as such are described in your
Non-Disclosure Agreement, Non-Competition Agreement and/or Business Protection Agreement with the
Company.

You agree and understand that your participation in the MIP is conditioned on your agreement and
consent that the Board of Directors of the Company or its Nominating and Compensation Committee has
the sole discretion to require you or your estate to repay to the Company, in cash and upon demand,
any MIP award made to you (a) in the event of a restatement (other than a restatement due to a
change in accounting policies) of the Company’s financial results where the restatement results in
a material impact on the financial statements for the period affecting the achievement of the
performance conditions for the award of any portion or all of your MIP award or (b) if the Board or
the Committee determines that you have engaged in fraud or misconduct (“Misconduct”) that resulted
in or substantially resulted in the achievement of the performance conditions for the award of any
portion or all of your MIP award. The amount to be repaid shall be determined by the Committee in
its sole discretion. Any determination by the Committee with respect to the foregoing shall be
final, conclusive and binding on all interested parties. This provision expires on the earlier of
(a) a Change of Control (as defined under the Company’s Change of Control Plan) or (b) three years
from the date of grant of the MIP award.

This letter agreement is governed under the laws of the Commonwealth of Massachusetts.

Please indicate your acceptance to the terms contained in this letter agreement and participation
in the MIP by signing below and returning one copy of the letter agreement to me.

Sincerely,

Rory J. Cowan

Chief Executive Officer

Exhibit A

MIP Percentage:

Revenue Payout Target: $ Million

Revenue Payout Thresholds (minimum and maximum):

Minimum: $ Million

Maximum: $ Million

Profitability Payout Target: $ Million

Profitability Payout Thresholds (minimum and maximum)

Minimum:$ Million

Maximum: $ Million

MBO:

Other Product Line Performance Metrics:EX-10.1

Exhibit 10.1

EMPLOYMENT AGREEMENT

This Employment Agreement (this “Agreement”) is made and entered into as of February
3, 2015, by and between TransEnterix, Inc., a Delaware corporation (the “Company”), and
Todd M. Pope (the “Executive”).

WITNESSETH

WHEREAS, the Company and the Executive (the “Parties”) have agreed to enter into this
Agreement relating to the employment of the Executive by the Company;

NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein and for
other good and valuable consideration, the Parties, intending to be legally bound, agree as
follows:

	1.	 	Term of Employment.

(a) The Company employs the Executive, and the Executive agrees to remain in the employment of
the Company, in accordance with the terms and provisions of this Agreement, for the period set
forth below (the “Employment Period”).

(b) The Employment Period under this Agreement commenced on September 3, 2013 (the
“Effective Date”) and, subject only to the provisions of Sections 6, 7 and 8 below relating
to termination of employment, shall continue until the close of business on December 31, 2015 or,
if the Employment Period is extended pursuant to subsection (c) of this Section 1, the close of
business on the Extended Termination Date.

(c) On December 31, 2015, and on each Extended Termination Date, the Employment Period will
automatically be extended for an additional 12-month period so as to end on December 31 of the
succeeding calendar year (an “Extended Termination Date”) unless either Party gives written
notice to the other Party at least one hundred twenty (120) days in advance of the date on which
the Employment Period would otherwise end that the Employment Period will not be extended.

	2.	 	Duties.

During the Employment Period the Executive will serve as the President and Chief Executive
Officer of the Company. The Executive will devote his full business time and attention to the
affairs of the Company and his duties as its President and Chief Executive Officer; provided,
however, the Executive is not precluded from serving on the board of directors or managers, or
committees thereof, of other entities if so serving as of the Effective Date or if approved by the
Nominating and Corporate Governance Committee. The Executive will have such duties as are
appropriate to his position as determined by the Board of Directors of the Company (the
“Board”) and shall report to the Board and serve at the pleasure of the Board. The
Executive will be based at the headquarters of the Company, which is currently located in
Morrisville, North Carolina, and his services will be rendered there except insofar as travel may
be involved in connection with his regular duties.

	3.	 	Cash- and Equity-Based Compensation.

(a) Base Salary. The Company will pay the Executive an annual base salary, which is
currently $400,000, which base salary as in effect from time to time will be reviewed periodically
(at intervals of not more than twelve (12) months) by the compensation committee of the Board (the
“Compensation Committee”). In evaluating increases in the Executive’s base salary, the
Compensation Committee will take into account such factors as corporate performance in relation to
the business plan approved by the Board, individual merit, and such other considerations as it
deems appropriate. The Executive’s base salary will be paid in accordance with the standard
practices for other corporate executives of the Company.

(b) Incentive Compensation. The Executive will be eligible to receive annually or
otherwise any incentive compensation awards, payable in cash, which the Company, the Compensation
Committee or such other authorized committee of the Board determines to award. For each fiscal
year of the Company falling in whole or in part during the Employment Period, the Executive’s
target annual cash incentive compensation opportunity will be no less than 50% of his base salary
for the portion of the Employment Period falling within that fiscal year. With respect to the
annual cash incentive compensation award, the performance goals shall be based on both company
performance metrics approved by the Compensation Committee or the Board annually and personal
performance metrics established and approved by the Compensation Committee or the Board. All other
terms of such incentive compensation awards shall be established by the Board or the Compensation
Committee. Any such bonus shall be paid to the Executive no later than two and one-half (21/2)
months after the end of the fiscal year to which the bonus relates.

(c) Equity Compensation. The Executive is eligible to receive stock-based awards
under the Company’s Amended and Restated 2007 Equity Incentive Plan or any successor thereto (the
“Plan”) in the discretion of the Compensation Committee or the Board.

4. Benefits. The Executive will be eligible to participate in all employee benefit
plans and programs of the Company from time to time in effect for the benefit of senior executives
of the Company, including, but not limited to, retirement and savings plans, group life insurance,
medical coverage, sick leave, salary continuation arrangements, vacations and holidays, long-term
disability, and such other benefits as are or may be made available from time to time to senior
executives of the Company.

	5.	 	Business Expenses.

The Executive will be reimbursed for all reasonable expenses incurred by him in connection
with the conduct of the business of the Company, provided he properly accounts therefor in
accordance with the Company’s policies.

	6.	 	Termination of Employment by the Company.

(a) Involuntary Termination by the Company Other Than For Permanent and Total Disability
or For Cause. The Company may terminate the Executive’s employment at any time and for any
reason (other than for Permanent and Total Disability as provided in subsection (b) below, or for
Cause as provided in subsection (c) below) by giving him a written notice of termination to that
effect at least five (5) business days before the date of termination. In the event the Company
terminates the Executive’s employment for any reason (other than for Permanent and Total Disability
as provided in subsection (b) below, or for Cause as provided in Section (c) below), the Executive
shall be entitled to the compensation described in Section 9.

(b) Termination Due to Permanent and Total Disability. If the Executive incurs a
Permanent and Total Disability, the Company may terminate the Executive’s employment by giving him
written notice of termination at least thirty (30) before the date of such termination. In the
event of such termination of the Executive’s employment because of Permanent and Total Disability,
the Executive shall be entitled to receive (i) his base salary pursuant to Section 3(a) and any
other compensation and benefits to the extent actually earned by the Executive pursuant to this
Agreement or under any benefit plan or program of the Company as of the date of such termination of
employment at the normal time for payment of such salary, compensation or benefits, and (ii) any
reimbursement amounts owing under Section 5. For purposes of this Agreement, the Executive shall
be considered to have incurred a “Permanent and Total Disability” if he becomes disabled within the
meaning of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) and
the regulations thereunder. The existence of such Permanent and Total Disability shall be
determined by the Compensation Committee and shall be evidenced by such medical certification as
the Compensation Committee shall require.

(c) Termination for Cause. The Company may terminate the Executive’s employment for
Cause. For purposes of this Agreement, “Cause” means the Executive: (i) willfully, substantially,
and continually fails to perform the duties for which he is employed by the Company; (ii) willfully
fails to comply with the legal instructions of the Board; (iii) willfully engages in conduct which
is or would reasonably be expected to be materially and demonstrably injurious to the Company; (iv)
willfully engages in an act or acts of dishonesty resulting in material personal gain to the
Executive at the expense of the Company; (v) is indicted for, or enters a plea of nolo contendere
to, a felony; (vi) engages in an act or acts of gross malfeasance in connection with his employment
hereunder; (vii) commits a material breach of Sections 12, 13 or 14 of this Agreement; (viii)
commits a material breach of any policies and procedures contemplated by the Company’s Code of
Conduct or similar policy; or (ix) exhibits demonstrable evidence of alcohol or drug abuse having a
substantial adverse effect on his job performance hereunder. The Company shall exercise its right
to terminate the Executive’s employment for Cause by giving him written notice of termination on or
before the date of such termination specifying in reasonable detail the circumstances constituting
such Cause, and providing Executive with a period of at least thirty (30) days in which to cure the
conduct constituting Cause if such conduct is capable of being cured. In the event of such
termination of the Executive’s employment for Cause, the Executive shall be entitled to receive (A)
his base salary pursuant to Section 3(a) and any other compensation and benefits to the extent
actually earned pursuant to this Agreement or under any benefit plan or program of the Company as
of the date of such termination at the normal time for payment of such salary, compensation or
benefits and (B) any amounts owed under the reimbursement policy of Section 5.

	7.	 	Termination of Employment by the Executive.

(a) Good Reason. The Executive may terminate his employment for Good Reason by giving
the Company a written notice of termination at least thirty (30) days before the date of such
termination specifying in reasonable detail the circumstances constituting such Good Reason. In
the event of the Executive’s termination of his employment for Good Reason, the Executive shall be
entitled to the compensation described in Section 9. For purposes of this Agreement, “Good Reason”
shall mean (i) the assignment to the Executive of authority, functions, duties or responsibilities
which are materially inconsistent with that of a senior executive officer of the Company (ii) any
material reduction in the Executive’s base salary, (iii) a significant reduction in the employee
benefits provided to the Executive other than in connection with an across the board reduction
similarly affecting substantially all senior executives of the Company, (iv) the relocation,
without the Executive’s consent, of the Executive’s place of work to a location outside a 50-mile
radius of Morrisville, North Carolina, or (vi) a material breach of this Agreement by the Company
or its successor. Each of the forgoing events will cease to constitute Good Reason and the
Executive shall be deemed to have waived his right to terminate employment for Good Reason in
connection with such event unless (A) the Executive gives the Company notice of Executive’s
intention to resign Executive’s position with the Company within three months (3) after the
occurrence of such event and (B) the Company has failed to cure any condition that constitutes Good
Reason within thirty (30) days from its receipt of such notice of any such condition.

(b) Other. The Executive may terminate his employment at any time and for any reason,
other than pursuant to subsection (a) above, by giving the Company a written notice of termination
to that effect at least thirty (30) days before the date of termination. In the event of the
Executive’s termination of his employment pursuant to this Section 7(b), the Executive shall be
entitled to receive (i) his base salary pursuant to Section 3(a) and any other compensation and
benefits to the extent actually earned by the Executive pursuant to this Agreement or under any
benefit plan or program of the Company as of the date of such termination at the normal time for
payment of such salary, compensation or benefits, and (ii) any reimbursement amounts owing under
Section 5.

8. Termination of Employment By Death. In the event of the death of the Executive during
the Employment Period, the Executive’s estate shall be entitled to receive (i) his base salary
pursuant to Section 3(a) and any other compensation and benefits to the extent actually earned by
the Executive pursuant to this Agreement or under any other benefit plan or program of the Company
as of the date of such termination at the normal time for payment of such salary, compensation or
benefits, and (ii) any reimbursement amounts owing under Section 5. In addition, in the event of
such death, the Executive’s beneficiaries shall receive any death benefits owed to them under the
Company’s employee benefit plans.

9. Benefits Upon Termination Without Cause or For Good Reason. If the Executive’s
employment with the Company shall terminate (i) as a result of termination by the Company pursuant
to Section 6(a), or (ii) because of termination by the Executive for Good Reason pursuant to
Section 7(a), the Executive shall be entitled to the following:

(a) The Company shall pay to the Executive his base salary pursuant to Section 3(a) and any
other compensation and benefits to the extent actually earned by the Executive under this Agreement
or under any benefit plan or program of the Company as of the date of such termination at the
normal time for payment of such salary, compensation or benefits.

(b) The Company shall pay the Executive any reimbursement amounts owing under Section 5.

(c) Subject to the Executive’s timely execution of a Confidential Separation and Release
Agreement as provided in Section 21 of this Agreement, the Company shall pay to the Executive as a
severance benefit for each month during the twelve (12) month period beginning with the month next
following the date of termination of the Executive’s employment an amount equal to one-twelfth of
the sum of (i) his annual rate of base salary immediately preceding his termination of employment,
and (ii) his target annual bonus for the fiscal year in which the termination occurred. Each such
monthly benefit shall be paid no later than the last day of the applicable month. In the event
that the Executive dies before the end of such 12-month period, the payments for the remainder of
such period shall be made to the Executive’s estate. The commencement of payments pursuant to this
subsection shall be subject to Section 20 of this Agreement.

(d) Subject to the Executive’s timely execution of a Confidential Separation and Release
Agreement as provided in Section 21 of this Agreement, during the period of twelve (12) months
beginning on the date of the Executive’s termination of employment, the Executive shall remain
covered by the medical, dental, vision, life insurance, and, if reasonably commercially available
through nationally reputable insurance carriers, long-term disability plans of the Company that
covered him immediately prior to his termination of employment as if he had remained in employment
for such period. In the event that the Executive’s participation in any such plan is barred, the
Company shall arrange to provide the Executive with substantially similar benefits (but, in the
case of long-term disability benefits, only if reasonably commercially available). Any medical
insurance coverage for such 12-month period pursuant to this subsection (d) shall become secondary
upon the earlier of (i) the date on which the Executive begins to be covered by comparable medical
coverage provided by a new employer, or (ii) the earliest date upon which the Executive becomes
eligible for Medicare or a comparable Government insurance program. The Executive’s COBRA
entitlements shall run concurrently with the benefit coverage provided pursuant to this subsection
(d). The commencement of payments pursuant to this subsection shall be subject to Section 20 of
this Agreement.

(e) Notwithstanding the foregoing, if the Executive’s employment with the Company is
terminated pursuant to Section 6(a) or Section 7(a), and such termination occurs within one (1)
year following a Change in Control of the Company (as defined in the Plan), or within six (6)
months prior to but in connection with a Change in Control of the Company, (i) the references in
Sections 9(c) and (d) to a 12-month period shall be replaced with a 24-month period, (ii) the cash
severance payment described in Section 9(c) (as modified by Section 9 (e)(i)) shall be paid in a
single lump sum on the sixtieth (60th) day following the later of the date of the Executive’s
separation from service or the date of the Change in Control of the Company, which amount shall be
reduced by any amounts previously paid under Section 9(c); and (iii) to the extent not previously
accelerated, all unvested outstanding equity awards shall accelerate and vest upon the date of
termination.

10. Benefits Upon Non-Extension of Employment Period. If the Executive’s employment with
the Company shall terminate on December 31, 2015 or an Extended Termination Date (a) by reason of
the Company’s election not to extend the Employment Period pursuant to Section 1(c) of this
Agreement, the non-extension shall be treated as a termination by the Company without Cause, as
described in Section 6(a), and the Executive shall be entitled to receive the amounts and benefits
described in Section 9 (including, without limitation, Section 9(e)) or (b) by reason of the
Executive’s election not to extend the Employment Period pursuant to Section 1(c) of this
Agreement, the Executive shall be entitled to receive (i) his base salary pursuant to Section 3(a)
and any other compensation and benefits to the extent actually earned by the employee under this
Agreement or under any benefit plan or program of the Company as of the date of such termination at
the normal time for payment of such salary, compensation or benefits and (ii) any amounts owed
under the reimbursement policy of Section 5.

	11.	 	Entitlement to Other Benefits.

Except as otherwise provided in this Agreement, this Agreement shall not be construed as
limiting in any way any rights or benefits that the Executive or his spouse, dependents or
beneficiaries may have pursuant to any other plan or program of the Company.

	12.	 	Non-solicitation and Non-competition.

(a) Executive agrees that during the term of his employment with the Company and for a period
of one (1) year immediately following the termination of Executive’s employment with Company for
any reason whatsoever, whether with or without Cause, (i) Executive shall not, either directly or
indirectly, solicit, induce, recruit or encourage any employees of the Company and/or its
affiliates to leave their employment, or take away such employees, or attempt to solicit, induce,
recruit, encourage or take away employees of Company and/or its affiliates, either for Executive or
for any other Person and (ii) neither the Executive, nor any firm, organization or corporation in
which he is interested, shall, for any reason, directly or indirectly, persuade or attempt to
persuade any investor, licensor, licensee, supplier or customer of Company, or any potential
investor, licensor, licensee, supplier or customer to which Company and/or its affiliates have made
a presentation or with which Company and/or its affiliates have been having discussions, to not
transact business with Company and/or its affiliates or to transact business with the Executive or
any other individual or entity (“Person”) as an alternative to or in addition to Company
and/or its affiliates.

(b) Executive agrees that during the term of his employment with the Company and for a period
of one (1) year immediately following the termination of Executive’s employment with Company for
any reason whatsoever, whether with or without Cause, Executive shall not, anywhere in the world,
engage, either directly or indirectly, whether as a principal or as an agent, officer, director,
employee, consultant, shareholder, partner or otherwise, alone or in association with any other
Person, in any Competing Business. For purposes of this Agreement, the term “Competing Business”
means any Person engaged in the development or commercialization of products that are the same or
substantially similar to, or that directly compete with, those products developed or commercialized
by the Company at the time of such termination and in the six (6) months prior to such date of
termination.

(c) In the event that the provisions of Section 12(a) or 12(b) above should be determined by a
court or other tribunal of competent jurisdiction to exceed the time, geographic, services or
product limitations permitted by the applicable law in a jurisdiction in which enforcement of this
Agreement is sought, then such provisions shall be deemed reformed in such jurisdiction to the
maximum time, geographic, service or product limitations permitted by such applicable law, and the
parties hereby expressly grant any court or competent jurisdiction the authority to effect such
reformation.

(d) The parties confirm that a violation by Executive of the provisions of this Agreement,
including but not limited to, the restrictions in Sections 12 through 14, will cause Company
irreparable harm that cannot be remedied adequately by monetary damages. Executive agrees that, in
the event of such a violation, Company shall be entitled to temporary, preliminary and permanent
injunctive relief to restrain any such violation (without the posting of a bond) and to an
equitable accounting of all earnings, profits and other benefits arising from the breach or
violation, which rights shall be cumulative and in addition to any other rights or remedies to
which Company may be entitled. Company shall be entitled to commence action for such relief in any
state or federal court in the State of North Carolina, and Executive waives to the fullest extent
permitted by law any objection that he may now or hereafter have to the jurisdiction and venue of
the court in any such proceeding.

	13.	 	Confidential Information, Inventions and Proprietary Information.

(a) During the Employment Period and thereafter, Executive shall hold in strictest confidence,
and not use, except for the benefit of the Company, or to disclose to any Person without prior
written authorization of the Company, any Confidential Information of the Company. Executive
understands that “Confidential Information” means Inventions (as defined herein) and any other
information of the Company and/or its affiliates disclosed or made available to the Executive,
whether before or during the term hereof, including but not limited to financial information,
technical and non-technical data, services, products, processes, operations, reports, analyses,
test results, technology, samples, specifications, protocols, performance standards, formulations,
compounds, know-how, methodologies, trade secrets, trade practices, marketing plans and materials,
strategies, forecasts, research, concepts, ideas, and names, addresses and any other
characteristics or identifying information of the Company’s existing or potential investors,
licensors, licensees, suppliers, customers or employees. Confidential Information shall not
include any information Executive can establish by competent proof is or becomes public knowledge
or part of the public domain through no act or omission of Executive. Notwithstanding the
foregoing, Executive shall be permitted to disclose Confidential Information pursuant to a court
order, government order or any other legal requirement of disclosure if no suitable protective
order or equivalent remedy is available, provided that Executive gives the Company written notice
of such court order, government order or legal requirement of disclosure immediately upon knowledge
thereof and allows the Company a reasonable opportunity to seek to obtain a protective order or
other appropriate remedy prior to such disclosure to the extent permitted by law.

(b) During the Employment Period and thereafter, Executive will not improperly use or disclose
any proprietary information or trade secrets of any former employer of Executive or other Person
and Executive will not bring onto the premises of the Company any unpublished documents or
proprietary information belonging to any such former employer or Person unless consented to in
writing by such former employer or Person.

(c) Executive recognizes that the Company has received and in the future will receive from
third parties certain confidential or proprietary information subject to a duty on the Company’s
part to maintain the confidentiality of such information and to use it only for certain limited
purposes. Executive agrees to hold all such confidential or proprietary information in the
strictest confidence and not to disclose it to any Person, or to use it except as necessary in
carrying out his work for the Company consistent with the Company’s agreement with such third
party.

(d) Executive shall promptly make full written disclosure to the Company, shall hold in trust
for the sole right and benefit of the Company, shall assign and hereby does assign to Company, or
its designee, all of Executive’s right, title, and interest in and to any and all inventions,
original works of authorship, developments, concepts, improvements, designs, discoveries, ideas,
trademarks or trade secrets, whether or not patentable or registerable under copyright or similar
laws, which Executive may, solely or jointly, conceive or develop or reduce to practice during the
period of time Executive is in the employ of the Company that relate to the Company and/or its
products (collectively referred to as “Inventions”). Executive further acknowledges that
all original works of authorship which are made by Executive (solely or jointly with others) within
the scope of and during the period of his employment with the Company and which are protectable by
copyright are “works made for hire”, as that term is defined in the United States Copyright Act.
Executive understands and agrees that the decision whether or not to commercialize or market any
Invention developed by the Executive (solely or jointly with others) is within the Company’s sole
discretion and for the Company’s sole benefit and that no royalty will be due to Executive as a
result of the Company’s efforts to commercialize or market any such Invention.

(e) Executive shall keep and maintain adequate and current written records of all Inventions
made by the Executive (solely or jointly with others) during the term of his employment with the
Company. The records will be in the form of notes, sketches, drawings, and any other format that
may be specified by the Company. The records will be available to and remain the sole property of
the Company at all times.

(f) If the Company is unable because of Executive’s mental or physical incapacity or for any
other reason to secure his signature on any such document, then the Executive hereby irrevocably
designates and appoints the Company and its duly authorized officers and agents as his agent and
attorney-in-fact to act for and on the Executive’s behalf and stead to execute and file any such
document and to do all other lawfully permitted acts to further the prosecution and issuance of
letters patent or copyright registrations thereon with the same legal force and effect as if
executed by the Executive.

(g) Executive, at the time of leaving the employ of the Company, shall deliver to the Company
(and will not keep in his possession, recreate or deliver to anyone else) any and all devices,
records, data, notes, reports, proposals, lists, correspondence, materials, equipment, other
documents or property, or reproductions of any of the aforementioned items developed by Executive
pursuant to his employment with the Company or otherwise belonging to the Company, its successors
or assigns.

	14.	 	Non-Disparagement.

The Executive will not at any time publish or communicate to any person or entity any
Disparaging remarks, comments or statements concerning the Company, its subsidiaries and
affiliates, and their respective present and former members, partners, directors, officers,
shareholders, employees, agents, attorneys, successors and assigns. The Company will instruct its
directors and officers not to publish or communicate to any person or entity any Disparaging
remarks, comments or statements concerning the Executive. “Disparaging” remarks, comments or
statements are those that impugn the character, honesty, integrity or morality or business acumen
or abilities in connection with any aspect of the operation of business of the individual or entity
being disparaged.

	15.	 	Golden Parachute Reduction.

(a) Anything in this Agreement to the contrary notwithstanding, in the event it shall be
determined that any payment or distribution made, or benefit provided (including, without
limitation, the acceleration of any payment, distribution or benefit and the accelerated
exercisability of any stock option), to or for the benefit of the Executive (whether paid or
payable or distributed or distributable pursuant to the terms of this Agreement or otherwise) (a
“Payment”) would be subject to the excise tax imposed by Section 4999 of the Code (or any
similar excise tax) or any interest or penalties are incurred by the Executive with respect to such
excise tax (such excise tax, together with any such interest and penalties, are hereinafter
collectively referred to as the “Excise Tax”), then the payments, distributions and
benefits under this Agreement shall be reduced (by the minimum possible amounts) until no amount
payable to the Executive under this Agreement gives rise to an Excise Tax; provided, however, that
no such reduction shall be made if the net after-tax payment (after taking into account Federal,
state, local and other income and excise taxes) to which the Executive would otherwise be entitled
without such reduction would be greater than the net after-tax payment (after taking into account
Federal, state, and local and other income taxes) to the Executive resulting from the receipt of
such payments distributions and benefits with such reduction. Any reduction pursuant to the
preceding sentence shall be made by first reducing the severance benefit described in Section 9(c).
If, as a result of subsequent events or conditions (including a subsequent payment or absence of a
subsequent payment under this Agreement or other plans, programs, arrangements or agreements
maintained by the Company or any of its subsidiaries or affiliates), it is determined that
payments, distributions or benefits under this Agreement to the Executive have been reduced by more
than the minimum amount required to prevent any payments, distributions or benefits from giving
rise to the Excise Tax, then an additional payment shall be made by the Company to the Executive on
such date as shall be determined by the Compensation Committee but no later than sixty (60) days
after the applicable event or condition in an amount equal to the additional amount that can be
paid without causing any payment, distribution or benefit to give rise to an Excise Tax.

(b) All determinations required to be made under this Section 15 shall be made by the
accounting firm selected by the Company (the “Accounting Firm”), which shall provide detailed
supporting calculations both to the Company and the Executive within fifteen (15) business days of
the date of termination of the Executive’s employment, if applicable, within fifteen (15) days
after receipt of written notice from the Executive that there has been a Payment, or at such
earlier time as is requested by the Company, provided that any determination that an Excise Tax
would be payable by the Executive shall be made on the basis of substantial authority. If the
Accounting Firm determines that no Excise Tax is payable by the Executive, it shall furnish the
Executive with a written opinion that he has substantial authority not to report any Excise Tax on
his Federal income tax return. Any determination by the Accounting Firm meeting the requirements
of this Section 15(b) shall be binding upon the Company and the Executive. The fees and
disbursements of the Accounting Firm shall be paid by the Company.

	16.	 	Indemnification.

The Company shall indemnify and hold the Executive harmless to the fullest extent legally
permissible under the laws of the State of Delaware and the Company’s Certificate of Incorporation
and Bylaws, against any and all expenses, liabilities and losses (including attorney’s fees,
judgments, fines and amounts paid in settlement) reasonably incurred or suffered by him by reason
of any claim or cause of action asserted against him because of his service at any time as a
director or officer of the Company. The Company shall advance to the Executive the amount of his
expenses incurred in connection with any proceeding relating to such service to the fullest extent
legally permissible under the laws of the State of Delaware, subject to the Executive’s agreement
to repay any such amounts to the extent that it is determined that Executive is not entitled to
such amounts. Notwithstanding the foregoing, the Company’s obligations pursuant to this Section 16
shall not apply in the case of any claim or cause of action by or in the right of the Company or
any subsidiary thereof.

	17.	 	Liability Insurance.

The Company shall maintain a directors and officers liability insurance policy and will take
all steps necessary to ensure that the Executive is covered under such policy for his service as a
director or officer of the Company or any subsidiary of the Company with respect to claims made at
any time with respect to such service.

18. No Duty to Seek Employment. The Executive shall not be under any duty or obligation to
seek or accept other employment following termination of employment, and no amount, payment or
benefits due to the Executive hereunder shall be reduced or suspended if the Executive accepts
subsequent employment.

	19.	 	Deductions and Withholding.

All amounts payable or which become payable under any provision of this Agreement shall be
subject to any deductions authorized by the Executive and any deductions and withholdings required
by law.

	20.	 	Compliance with IRC Section 409A.

In the event that it shall be determined that any payments or benefits under this Agreement
constitute nonqualified deferred compensation covered by Section 409A of the Code for which no
exemption under Code Section 409A or the regulations thereunder is available (“Covered Deferred
Compensation”); then notwithstanding anything in this Agreement to the contrary (i) if the
Executive is a “specified employee” (within the meaning of Code Section 409A and the regulations
thereunder and as determined by the Company in accordance with said Section 409A) at the time of
the Executive’s separation from service (as defined below), the payment of any such Covered
Deferred Compensation payable on account of such separation from service shall be made no earlier
than the date which is six (6) months after the date of the Executive’s separation from service
(or, if earlier than the end of such six-month period, the date of the Executive’s death) and (ii)
the Executive shall be deemed to have terminated from employment for purposes of this Agreement if
and only if the Executive has experienced a “separation from service” within the meaning of said
Section 409A and the regulations thereunder. To the extent any payment of Covered Deferred
Compensation is subject to the six-month delay, such payment shall be paid immediately at the end
of such 6-month period (or the date of death, if earlier). Whenever payments under this Agreement
are to be made in installments, each such installment shall be deemed a separate payment for
purposes of Code Section 409A. The provisions of this Agreement relating to such Covered Deferred
Compensation shall be interpreted and operated consistently with the requirements of Code Section
409A and the regulations thereunder.

Anything in this Agreement to the contrary notwithstanding, any payments or benefits under
this Agreement that are conditioned on the timely execution of a Confidential Separation and
Release Agreement and that would, in the absence of this sentence, be payable before the date which
is sixty (60) days after the termination of the Executive’s employment shall be delayed until, and
paid on, such 60th day after the termination of the Executive’s employment (or, if such 60th day is
not a business day, on the next succeeding business day), but only if the Executive executes such
Confidential Separation and Release Agreement, and does not revoke it, in accordance with Section
21 of this Agreement.

Anything in this Agreement to the contrary notwithstanding, any reimbursements or in-kind
benefits to which the Executive is entitled under this Agreement (other than such reimbursements or
benefits that are not taxable to the Executive for federal income tax purposes or that are
otherwise exempt from coverage under Section 409A of the Code pursuant to said Section 409A and the
regulations thereunder) shall meet the following requirements: (i) the amount of expenses eligible
for reimbursement, or in-kind benefits provided, in one calendar year may not affect the expenses
eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year (except
that the Company’s medical plans may impose a limit on the amount that may be reimbursed or
provided), (ii) any reimbursement of an eligible expense must be made on or before the last day of
the calendar year following the calendar year in which the expense was incurred, and (iii) the
Executive’s right to reimbursement or in-kind benefits shall not be subject to liquidation or
exchange for another benefit.

	21.	 	Confidential Separation and Release Agreement.

For purposes of this Agreement a “Confidential Separation and Release Agreement” means a
Confidential Separation and Release Agreement in the form prescribed by the Company at the
applicable time which is executed by the Executive within ten (10) business days after the
termination of the Executive’s employment and not revoked by him. If the Executive fails to
execute such Confidential Separation and Release Agreement within such ten-day period or shall
revoke his agreement thereto, the Executive shall not be entitled to any of the payments or
benefits under this Agreement that are conditioned upon his timely execution of a Confidential
Separation and Release Agreement.

	22.	 	Governing Law.

The validity, interpretation and performance of this Agreement will be governed by the laws of
the State of North Carolina without regard to the conflict of law provisions.

	23.	 	Notice.

Any written notice required to be given by one Party to the other Party hereunder will be
deemed effected if given by personal delivery or mailed by overnight delivery or certified mail:

	 	 	 
	To the Company at:
	 	TransEnterix, Inc.

635 Davis Drive, Suite 300

Morrisville, North Carolina 27560

Attention: Chief Legal Officer

or such other address as may be stated in a notice given as provided

To the Executive at the address in the corporate records or such other address as
may be stated in a notice given to the Company as provided.

	24.	 	Severability.

If any one or more of the provisions contained in this Agreement is held to be invalid,
illegal or unenforceable in any respect, such invalidity, illegality or unenforceability will not
affect any other provision hereof.

	25.	 	Successors and Assigns.

This Agreement will be binding upon and inure to the benefit of the Parties hereto and their
personal representatives, and, in the case of the Company, its successors and assigns. To the
extent the Company’s obligations under this Agreement are transferred to any successor or assign,
such successor or assign shall be treated as the “Company” for purposes of this Agreement. Other
than as contemplated by this Agreement, the Executive may not assign his rights or duties under
this Agreement.

	26.	 	Continuing Effect.

Wherever appropriate to the intention of the Parties hereto, the respective rights and
obligations of the Parties, including the obligations referred to in Sections 9, 10, 12, 13, 14,
15, 16, 17, 18, 20, 21 and 22 hereof, will survive any termination or expiration of the term of
this Agreement.

	27.	 	Entire Agreement.

This Agreement constitutes the entire agreement between the Parties and supersedes any and all
other agreements and understandings between the Parties in respect of the matters addressed in this
Agreement.

	28.	 	Amendment and Waiver.

No amendment or waiver of any provision of this Agreement shall be effective, unless the same
shall be in writing and signed by the Parties, and then such amendment, waiver or consent shall be
effective only in the specific instance or for the specific purpose for which such amendment,
waiver or consent was given.

	29.	 	Executive Representations.

The Executive hereby represents and warrants to the Company that (a) the execution, delivery
and performance of this Agreement by the Executive does not and will not conflict with, breach,
violate or cause a default under any contract, agreement, instrument, order, judgment or decree to
which the Executive is a party or by which he is bound, and (b) the Executive is not in violation
of any employment agreement, transition services agreement, noncompetition agreement,
nonsolicitation agreement or confidentiality agreement with any person or entity.

	30.	 	Counterparts.

This Agreement may be executed in any number of counterparts, each of which when so executed
shall be deemed an original but all of which together shall constitute one and the same instrument.

IN WITNESS WHEREOF, the Company has caused this Agreement to be executed by its duly
authorized officer and the Executive has hereunto set his hand as of the date written below.

	 	 	 
	TRANSENTERIX, INC.
	By:
	 	/s/ William Starling

	 	 	 

	 	 	Name: William Starling

	 	 	Title: Chair, Compensation Committee

	/s/ Todd M. Pope
	 
	Todd M. Pope

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