Document:

Exhibit 10.19 

 

Certain portions of the exhibit have been omitted pursuant to Regulation
S-K Item 601 because they are both (i) not material to investors and (ii) likely to cause competitive harm to the Company if publicly
disclosed, and had been marked with “[***]” to indicate where omissions have been made.

 

TECHNOLOGY ACCELERATION AGREEMENT

 

This Technology Acceleration
Agreement (including the Statement of Work attached hereto as Exhibit A, and any other exhibits and appendices attached hereto,
collectively, the “Agreement”), effective as of 6th June, 2019 (“Effective Date”), is
by and between Berkshire Grey, Inc., a Delaware corporation, with its principal place of business located at 10 Maguire Road, Building
4, Suite 190, Lexington, MA 02421 (“Berkshire Grey”) and SoftBank Robotics Corp., with a principal place of business
located at 1-9-2 Higashi-shimbashi,Minato-ku,Tokyo JAPAN (“SoftBank”).

 

BACKGROUND

 

WHEREAS, Berkshire Grey has developed technology
related to automated package sorting and moving equipment, and warehouse automation, and manufactures and sells Systems incorporating
such technology to customers worldwide;

 

WHEREAS, Berkshire Grey has a product and technology
development and improvement roadmap for such Systems;

 

WHEREAS, the Parties (or Affiliates thereof),
on or about the Effective Date, are entering into a Master Purchase and License Agreement under which SoftBank is purchasing Systems from
Berkshire Grey (the “Customer Agreement”);

 

WHEREAS, SoftBank desires for Berkshire Grey to
accelerate the development of certain improvements to the Systems that are on the roadmap, more specifically set forth in the Statement
of Work, related to the manner in which Berkshire Grey’s Systems operate;

 

WHEREAS, Berkshire Grey is willing to accelerate
the development of such improvements in accordance with the Statement of Work, pursuant to the terms and conditions of this Agreement;
and

 

WHEREAS, upon completion of development of such
improvements, Berkshire Grey will sell Systems to SoftBank under the Customer Agreement that include such improvements.

 

NOW, THEREFORE, in consideration of the foregoing
premises and the mutual covenants and agreements of the Parties set forth below, Berkshire Grey and SoftBank hereby agree as follows:

 

AGREEMENT

 

1. DEFINITIONS.
Unless otherwise defined herein, all capitalized terms used in the Agreement will have the meanings set forth in this Section 1:

 

1.1 “Affiliate”
means any corporation, company, partnership or other legal entity, which at any time directly or indirectly Controls, is Controlled by
or is under the common Control with a Party, but only for so long as such Control exists. “Control”, and its correlative
forms, means the ownership of more than fifty percent (50%) of the issued share capital of the entity in question.

 

1.2 “Change
in Control” means the (a) consolidation or merger of a Party with or into any Person, (b) sale, transfer or other disposition
of all or substantially all of the assets of a Party related to the subject matter of this Agreement or (c) acquisition by any Person,
or group of Persons acting in concert, of beneficial ownership of fifty percent (50%) or more of the outstanding voting securities or
partnership interests of a Party.

 

    

    

    

 

1.3 “Intellectual
Property Rights” means all present and future (a) patents, patent applications, and other industrial property rights, (b) copyrights,
mask work rights, and other rights associated with works of authorship, (c) trade secret rights, (d) rights in trademarks and trade names
and similar rights, (e) sui generis database rights, and (f) other forms of intellectual or industrial property rights and proprietary
rights of any kind or nature, in each case under the laws of any jurisdiction in the universe, including rights under and with respect
to all applications, registrations, extensions, renewals, continuations, continuations-in-part, combinations, divisions, and reissues
of the foregoing.

 

1.4 “Party”
means either Berkshire Grey or SoftBank (and “Parties” means Berkshire Grey and SoftBank).

 

1.5 “Packing”
means preparing or making a Ship Box (hereinafter defined), and closing or sealing a Ship Box and any other subsequent processes for shipping
after the items are placed by the System.

 

1.6 “Person”
means any individual, partnership, corporation, limited liability company, joint venture, association, trust, unincorporated organization
or entity, and any government or department, agency or political subdivision thereof.

 

1.7 “SoftBank
Group Companies” means (a) Affiliates of SoftBank; (b) entities for which more than ten percent (10%) of such entity’s
issued share capital is owned by an Affiliate of SoftBank; and (c) entities for which more than ten percent (10%) of such entity’s
issued share capital is owned by a limited partnership (including, but not limited to, SoftBank Vision Fund L.P. and SB Delta Fund (Jersey)
L.P.), the general partner of which is an Affiliate of SoftBank.

 

1.8 “Specifications”
means the specifications of the System Improvements set forth in the SOW.

 

1.9 “Statement
of Work” or “SOW” means the statement of work that is attached as Exhibit A hereto.

 

1.10 “System”
means a robotic system and ancillary equipment achieved through the combination of machine vision, real-time motion planning closed-loop
control, error detection and recovery, and artificial intelligence grounded in a sensor-fed, novel hardware platform, built for picking
items out of cluttered containers and placing them to specific destination containers. “System” includes the picking and placing
of such items, but it does not include (a) containers specially designed for the System and such items (“Containers”);
or (b) the Packing of such items into a cardboard box for shipping (“Ship Box”).

 

1.11 “System
Improvements” means the modifications and improvements to the System that are described in the SOW or are created by Berkshire
Grey in an effort to create improvements thereto that meet the specifications set forth in the SOW. For the avoidance of doubt, System
Improvements will include any modification or improvements to the System, whether those modifications or improvements are made under this
Agreement or not.

 

    2

    

    

 

2. DEVELOPMENT.

 

2.1 Scope
of Development. Berkshire Grey shall accelerate and shall use reasonable commercial efforts to complete the development of the System
Improvements in accordance with and on the schedule specified in the SOW.

 

2.2 Subcontractors.
Berkshire Grey will have the right to subcontract certain development tasks for which it is responsible to third parties, including its
Affiliates, subject to the terms and conditions of this Agreement. Despite any permitted subcontracting, Berkshire Grey will remain liable
at all times for all obligations set forth in this Agreement as being obligations of Berkshire Grey. Berkshire Grey will be solely responsible
for all payments due to its subcontractors.

 

2.3 Changes.
Each Party recognizes and acknowledges that changes to the Statement of Work during the development phase (a “Change”)
may be necessary from time to time. In the event that either Party determines that a Change is desirable or necessary, such Party will
notify the other Party of such Change in writing. Within ten (10) days after notice by either Party of request for Change, Berkshire Grey
and SoftBank will negotiate promptly and in good faith with respect to such Change, including any necessary changes to the project timelines,
and, upon mutual agreement of the Parties, each Project Coordinator will execute a change order to this Agreement reflecting such Change
(“Change Order”). Upon the execution of a Change Order, the Parties will perform their obligations under this Agreement
in accordance with such Change Order. If the Parties are unable to agree on such Change within such ten (10) day period, (a) the Parties
will continue to perform their respective obligations hereunder, unless the Party requesting the Change has a good faith reason for suspending
its performance hereunder if such Change is not agreed to; or (b) either Party may terminate this Agreement and applicable SOW immediately
upon written notice to the other Party (the “SOW Termination Date”), subject to Section 2.4 below.

 

2.4 Upon
any termination of this Agreement by SoftBank or Berkshire Grey pursuant to Section 2.3, SoftBank shall have no liability for any
damages, including loss of anticipated profits (except for work completed or to be completed under the SOW), and as its sole right and
remedy Berkshire Grey shall be paid the following: [***] (i) limited to the portion of the cost incurred by Berkshire Grey not expressly
identified as covered by any and all the payment made by SoftBank under applicable SOW; and (ii) subject to summaries that reasonably
identify the amount of the cost incurred.

 

3. PROJECT
MANAGEMENT. Jay Link from Berkshire Grey, who is currently VP of Global Sales, and [Kentaro Oka] from SoftBank, who is currently [Senior
Director, Development Division], will be the initial “Project Coordinators” under this Agreement. The Project Coordinators
will coordinate with each other and provide updates as to progress or other developments regarding the subject matter of this Agreement.
Either Party may change its Project Coordinator at any time and from time to time by giving the other Party written notice.

 

4. ACCEPTANCE.
When Berkshire Grey believes it has appropriately completed its development of the System Improvements as described in the SOW, Berkshire
Grey will provide SoftBank with written notice and the Parties will mutually agree on the test methods and a time and place to review
the System Improvements. Berkshire Grey will provide procedures, materials, and technical assistance reasonably necessary and take actions
reasonably required to enable SoftBank confirm that the System Improvements substantially comply with the Specifications set forth in
the SOW. Upon mutual agreement that the System Improvements substantially comply with the Specifications set forth in the SOW (“Acceptance”),
Berkshire Grey will make available under the Customer Agreement Systems that incorporate the System Improvements on financial terms to
be negotiated by the Parties.

 

    3

    

    

 

5. FINANCIAL
PROVISIONS.

 

5.1 Development
Fee. In consideration for the development and presentation to SoftBank of the System Improvements and any other work performed by
Berkshire Grey in accordance with this Agreement, SoftBank will pay to Berkshire Grey the fees, pursuant to the payment schedule, set
forth in the Statement of Work. All payments made by SoftBank to Berkshire Grey under this Agreement will be by wire transfer of immediately
available funds to an account designated in writing by Berkshire Grey and are nonrefundable.

 

5.2 Currency;
Taxes. Each payment made by SoftBank under this Agreement will be made in U.S. Dollars in and from the United States. No payment to
Berkshire Grey will be made with government funds. All amounts payable under this Agreement shall be paid by SoftBank inclusive of all
applicable sales and use taxes, value-added taxes, import duties, custom fees, and any other taxes applicable to such, and Berkshire Grey
shall be responsible for the payment of all such taxes, duties, and fees if applicable. Berkshire Grey will indemnify SoftBank for the
payment of any such taxes, duties, and fees, together with all liabilities, fines, costs, and expenses incurred by SoftBank, as a result
of Berkshire Grey’s breach of its obligations under this Section 5.2. In the event that any applicable tax authority requires
SoftBank to withhold taxes on payment to Berkshire Grey of any payments hereunder, SoftBank may make such withholding, submit such taxes
to the applicable tax authority, pay Berkshire Grey the remainder less such withholding and provide Berkshire Grey with reasonable evidence
of the submission of such taxes to the applicable tax authority. The Parties further agree to reasonably cooperate (including, without
limitation, prior to the making of the first payment of any payments hereunder) to provide any relevant documentation or certification
that might be necessary to claim a reduced rate or withholding or exemption from withholding under the provisions of any applicable tax
treaty.

 

6. OWNERSHIP
OF INTELLECTUAL PROPERTY RIGHTS.

 

6.1 System
and System Improvements. As between the Parties, (a) Berkshire Grey will retain exclusive right, title, and interest in the System,
System Improvements and all Intellectual Property Rights therein; (b) SoftBank will retain the exclusive right, title, and interest in
any technology related to Containers and Packing provided to Berkshire Grey, and all Intellectual Property Rights therein.

 

6.2 SoftBank
Feedback. SoftBank may from time to time provide suggestions, comments for enhancements or functionality or other feedback (“Feedback”)
to Berkshire Grey with respect to the Systems and Systems Improvements. SoftBank hereby grants Berkshire Grey a royalty-free, fully paid-up,
worldwide, transferable, sublicenseable, irrevocable, perpetual license to (a) copy, distribute, transmit, display, perform, and create
derivative works of the Feedback in whole or in part; and (b) use the Feedback in whole or in part, including without limitation, the
right to develop, manufacture, have manufactured, market, promote, sell, have sold, offer for sale, have offered for sale, import, have
imported, rent, provide and/or lease products or services which practice or embody, or are configured for use in practicing, the Feedback
in whole or in part.

 

    4

    

    

 

6.3 Reservation
of Rights. Nothing contained in this Agreement confers or will be construed to confer any rights by implication, estoppel or otherwise,
under any Intellectual Property Rights, other than the rights expressly granted in this Agreement. All rights not expressly granted by
a Party under this Agreement are hereby reserved.

 

7. DISTRIBUTION.
[***] the Parties will negotiate in good faith a distribution agreement, under which agreement SoftBank will have the exclusive right
to sell, resell, lease and/or deal with the Systems incorporating such System Improvements (i) in Japan, and (ii) to any SoftBank Group
Companies (as defined and/or listed in the distribution agreement) regardless of their locations. During the Negotiation Period the Parties
shall negotiate exclusively with one another the terms of such distribution agreement in good faith, including the duration and minimum
order volumes. The distribution agreement shall contain indemnity obligations by each Party that are consistent with the indemnity obligations
in Section 12 of the Customer Agreement. If a definitive distribution agreement is not executed by the Parties, Berkshire Grey may commercialize
Systems incorporating such System Improvements in Japan and with any SoftBank Group Companies.

 

8. CONFIDENTIALITY.

 

8.1 Non-Disclosure
Agreement. The Parties acknowledge and agree that any disclosures of confidential or proprietary information under this agreement
by either Party will be governed by and subject to the terms and conditions of the Non-Disclosure Agreement dated October 15, 2018 (attached
hereto as Exhibit B) between the Parties (“NDA”), which is hereby incorporated into this Agreement by reference, with
the following amendments thereto being applied to the NDA as incorporated herein: (a) references in the NDA to “SoftBank Robotics
Corp.” are hereby changed to “SoftBank”, (b) the “Purpose” will be the exercise of rights and performance
of obligations under this Agreement, (c) the non-solicit restrictions in Section 5 of the NDA is deleted (as non-solicit restrictions
are governed by Section 13.2 of this Agreement), (d) the term set forth in Section 6 of the NDA is deleted and the confidentiality
and non-use obligations of Section 2 of the NDA will last in perpetuity (subject to the exceptions set forth in the definition of “Confidential
Information” in Section 1 of the NDA), and (e) the dispute resolution in Section 11(d) of the NDA is deleted (as disputes will be
governed by Section 13.5 of this Agreement).

 

8.2 The
terms and conditions of the NDA as amended by this Section 8 will govern any and all disclosures made by either Party to the other
with respect to the subject matter of this Agreement, including disclosures made under the original version of the NDA, whether made prior
to or after the Effective Date of this Agreement. Except as expressly amended above, all other terms and conditions of the NDA remain
in full force and effect. In the event of a conflict between the terms and conditions of the NDA and this Agreement, the terms and conditions
of this Agreement will control. All references to “Confidential Information” in this Agreement will include any information
that qualifies as “Confidential Information” under the NDA.

 

    5

    

    

 

8.3 As
used herein, “Confidential Information” means, subject to the exceptions set forth in the following sentence, any information
or data, regardless of whether it is in tangible form, disclosed by either Party (the “Disclosing Party”) that the
Disclosing Party has either marked as confidential or proprietary, or has identified in writing as confidential or proprietary within
thirty (30) days of disclosure to the other Party (the “Receiving Party”); provided, however, that a
Disclosing Party’s business plans, strategies, technology, research and development, current and prospective customers, billing
records, and products or services will be deemed Confidential Information of the Disclosing Party even if not so marked or identified.

 

8.4 Information
will not be deemed “Confidential Information” if the Receiving Party can show such information: (a) is known to the Receiving
Party prior to receipt from the Disclosing Party directly or indirectly from a source other than one having an obligation of confidentiality
to the Disclosing Party; (b) becomes known (independently of disclosure by the Disclosing Party) to the Receiving Party directly or indirectly
from a source other than one having an obligation of confidentiality to the Disclosing Party; or (c) becomes publicly known or otherwise
ceases to be secret or confidential, except through a breach of this Agreement by the Receiving Party.

 

8.5 Each
Party acknowledges that the Confidential Information constitutes valuable trade secrets and proprietary information of a Party, and each
Party agrees that it will use the Confidential Information of the other Party solely in accordance with the provisions of this Agreement
and it will not disclose, or permit to be disclosed, the same directly or indirectly, to any third party without the other Party’s
prior written consent, except as otherwise permitted hereunder. Each Party will use at least reasonable measures to protect the confidentiality,
misuse, and value of the other Party’s Confidential Information.

 

8.6 Notwithstanding
any provision of this Agreement, either Party may disclose the terms of this Agreement, in whole or in part (a) to its employees, officers,
directors, professional advisers (e.g., attorneys, auditors, financial advisors, accountants and other professional representatives),
existing and prospective investors or acquirers contemplating a potential investment in or acquisition of a Party, sources of debt financing,
acquirers and/or subcontractors who have a need to know and are legally bound to keep such Confidential Information confidential by confidentiality
obligations or, in the case of professional advisors, are bound by ethical duties to keep such Confidential Information confidential consistent
with the terms of this Agreement; and (b) as reasonably deemed by a Party to be required by law (in which case the Receiving Party must
provide the Disclosing Party with prior written notification thereof, sufficient for the Disclosing Party to contest such disclosure,
and the Receiving Party must use reasonable efforts to minimize such disclosure to the extent permitted by applicable law).

 

8.7 In
the event of actual or threatened breach of the provisions of this Section, the non-breaching Party will be entitled to seek immediate
injunctive and other equitable relief, without waiving any other rights or remedies available to it. Each Party will promptly notify the
other in writing if it becomes aware of any violations of the confidentiality obligations set forth in this Agreement.

 

8.8 Notwithstanding
anything to the contrary herein, the Receiving Party may disclose the Disclosing Party’s Confidential Information as required by
judicial process or otherwise by law; provided that, prior to such disclosure, the Receiving Party will: (a) promptly notify the Disclosing
Party of any actual or threatened legal compulsion of disclosure, and any actual legal obligation of disclosure immediately upon becoming
so obligated, and (b) cooperate with the Disclosing Party’s reasonable, lawful efforts to resist, limit or delay disclosure.

 

    6

    

    

 

8.9 Upon
the termination of this Agreement, each Receiving Party agrees to promptly return to the Disclosing Party or destroy all Confidential
Information of the Disclosing Party that is in the possession of the Receiving Party and to certify the return or destruction of all such
Confidential Information and embodiments thereof.

 

8.10 Publicity;
Press Releases. Each Party will submit to the other Party all press releases and other publicity materials or public disclosures relating
to this Agreement, including with respect to the acceleration of the development of Systems Improvements developed by Berkshire Grey hereunder,
and not publish or use such press releases, disclosures or publicity materials without the other Party’s consent. Except with respect
to any mutually agreeable press releases, disclosures or publicity materials, the existence of this Agreement and the terms and conditions
of this Agreement are Confidential Information and the Parties will keep such confidential pursuant to this Section 8.

 

9. INDEMNIFICATION.
Each Party’s indemnification obligations with respect to Systems incorporating System Improvements is set forth in Section 12 of
the Customer Agreement. For the avoidance of doubt (a) hardware improvements included in System Improvements will be deemed “Equipment”
under the Customer Agreement and (b) software improvements included in System Improvements will be deemed “Licensed Software”
under the Customer Agreement.

 

10. LIMITATION
OF LIABILITY.

 

10.1
EXCEPT FOR ANY LIABILITY UNDER SECTION 8 HEREOF, IN NO EVENT WILL EITHER PARTY BE LIABLE TO THE OTHER PARTY FOR ANY INCIDENTAL,
INDIRECT, SPECIAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, REGARDLESS OF THE NATURE OF THE CLAIM, INCLUDING, WITHOUT LIMITATION, LOST PROFITS,
BUSINESS INTERRUPTION, COSTS OF LOST OR DAMAGED DATA OR DOCUMENTATION, EVEN IF BERKSHIRE GREY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH
DAMAGES. THIS LIMITATION UPON DAMAGES AND CLAIMS IS INTENDED TO APPLY WITHOUT REGARD TO WHETHER OTHER PROVISIONS OF THIS AGREEMENT HAVE
BEEN BREACHED OR HAVE PROVEN INEFFECTIVE. EXCEPT FOR ANY LIABILITY UNDER SECTIONS 8 AND 9 HEREOF, THE LIABILITY OF EITHER
PARTY FOR ALL CLAIMS ARISING FROM OR RELATING TO AN SOW UNDER THIS AGREEMENT, INCLUDING, WITHOUT LIMITATION, ANY CAUSE OF ACTION SOUNDING
IN CONTRACT, TORT OR STRICT LIABILITY, WILL NOT EXCEED THE TOTAL AMOUNT OF ALL FEES THEN-PAID OR PAYABLE TO BERKSHIRE GREY BY SOFTBANK
UNDER THE SOW TO WHICH THE CLAIM RELATES. THIS LIMITATION OF LIABILITY IS INTENDED TO APPLY WITHOUT REGARD TO WHETHER OTHER PROVISIONS
OF THIS AGREEMENT HAVE BEEN BREACHED OR HAVE PROVEN INEFFECTIVE.

 

10.2 Essential
Basis. The disclaimers, exclusions and limitations of liability set forth in this Agreement form an essential basis of the bargain
between the Parties, and, absent any of such disclaimers, exclusions or limitations of liability, the provisions of this Agreement, including,
without limitation, the economic terms, would be substantially different.

 

    7

    

    

 

11. WARRANTIES
AND DISCLAIMER.

 

11.1 Mutual
Representations and Warranties. Each Party represents and warrants to the other Party that, as of the Effective Date:

 

(a) it
is an entity organized and existing under the laws of its jurisdiction of organization with full power and authority to enter into and
perform this Agreement;

 

(b) this
Agreement has been duly authorized by all necessary corporate action and constitutes the binding obligation of such Party enforceable
in accordance with its terms, except as such enforceability may be limited by bankruptcy laws or other laws affecting the rights of creditors
generally;

 

(c) the
person(s) executing this Agreement on its behalf has actual authority to bind it to this Agreement; and

 

(d) its
execution and performance of this Agreement does not and will not violate or conflict with any provision of its governing corporate instruments
or of any commitment, agreement or understanding that it has or will have to or with any person or entity.

 

11.2 By
Berkshire Grey. Berkshire Grey represents and warrants to SoftBank that the development work performed by Berkshire Grey under this
Agreement (a) will be performed in a professional and workmanlike manner and (b) will not violate any Intellectual Property Rights including,
but not limited to any patents issued. SoftBank’s sole remedy and Berkshire Grey’s sole liability for breach of the representation
and warranty in Section 11.2(b) is the indemnification in Section 9.1.

 

11.3 DISCLAIMER.
THE SYSTEM IMPROVEMENTS ARE EXPERIMENTAL IN NATURE
AND ARE PROVIDED “AS IS”. EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, NEITHER PARTY (OR ITS LICENSORS) MAKES ANY
WARRANTIES TO THE OTHER PARTY, OR TO ANY OTHER PERSON OR ENTITY, WITH RESPECT TO ANY PRODUCTS OR ANY SERVICES PROVIDED HEREUNDER AND EACH
PARTY HEREBY DISCLAIMS ALL OTHER WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION WARRANTIES OF MERCHANTABILITY, QUIET
ENJOYMENT, OR FITNESS FOR A PARTICULAR PURPOSE.

 

12. TERM
AND TERMINATION.

 

12.1 Term.
The term of this Agreement will begin on the Effective Date and, unless earlier terminated pursuant to Section 12.2, will continue
in full force and effect for two (2) years after the Effective Date. After the initial two (2) year period, this Agreement will automatically
renew for successive one (1) year periods, unless either Party provides written notice to the other Party of non-renewal at least ninety
(90) days prior to the end of the initial period or any renewal period. If Berkshire Grey is unable to complete any material part of the
development work for which it is responsible under the applicable SOW by the deadline set forth therein solely as a result of either a
“force majeure” (as described in Section 13.6) or SoftBank’s failure to fulfill its responsibilities under the
SOW (or both), Berkshire Grey will not be deemed to be in breach of the Agreement for failure to meet such deadline and the timeline for
completion, as well as the expiration date of this Agreement, if necessary, will be extended by a period of time equal to the period of
time Berkshire Grey was delayed in completing such work.

 

    8

    

    

 

12.2 Termination.
Without prejudicing any remedies available under this Agreement or at law or in equity, a Party may terminate this Agreement:

(a) upon
sixty (60) days’ notice if the other Party should materially breach a material provision of this Agreement, unless the breach is
cured within the notice period or, if the breach does not relate to payment and cannot reasonably be so cured, diligent efforts to effect
such cure are commenced during that period and are continued until the cure is completed, which will be within a reasonable time; or

 

(b) if
the other Party will file any petition under Chapters 7, 10, or 11 of Title 11 of the United States Bankruptcy Code, or the equivalent
thereof in any country, or will file a voluntary petition in bankruptcy court, or is adjudicated bankrupt or insolvent, or if any receiver
will be appointed for its business or property, or if any trustee in bankruptcy or insolvency will be appointed under the laws of the
United States government or of any of the several states or of the government of any country; or

 

(c) as
permitted under Section 2.3(b).

 

12.3 Survival.
Sections 1 (Definitions), 5.1 (Fees), 6 (Ownership of IP), 8 (Confidentiality), 9 (Indemnity) 10
(Limitation of Liability), 11.3 (Disclaimer), 12.3 (Survival), and 13 (Miscellaneous) will survive the expiration
or termination of this Agreement.

 

13. MISCELLANEOUS.

 

13.1 Relationship
of the Parties. SoftBank and Berkshire Grey acknowledge and agree that the relationship arising from this Agreement does not constitute
or create any joint venture, partnership, employment relationship or franchise between them, and the Parties are acting as independent
contractors in making and performing this Agreement.

 

13.2 Non-Solicitation
of Employees. Neither Party will and neither Party will cause its agents, contractors or representatives to, during the term of this
Agreement and for [***], solicit for hire as an employee, consultant or otherwise any of the other Party’s personnel who have had
direct involvement with any Products, without such other Party’s prior express written consent.

 

13.3 Assignment.
Neither Party will have any right or ability to assign or transfer to a third party any obligations or benefit under this Agreement, either
in whole or in part, whether voluntarily or by operation of law, without the written consent of the other Party, which will not be unreasonably
withheld, conditioned or delayed (and any unauthorized purported assignment will be void); provided, however, that either Party (a) may
assign and transfer this Agreement and its rights and obligations hereunder to any third party who succeeds to substantially all its business
or assets, including by means of a Change in Control transaction, and (b) may assign or transfer any rights to receive payments hereunder,
without the consent of the other Party. Any permitted assignment or transfer is conditioned on (x) the assignee, transferee or successor-in-interest,
as applicable, agreeing in writing to be bound by all of the assigning or transferring Party’s obligations and restrictions of this
Agreement, and (y) the Customer Agreement being validly assigned to the same such assignee, transferee or successor-in-interest as this
Agreement (unless otherwise authorized in writing by the other Party).

 

    9

    

    

 

13.4 Notices.
All notices required by or relating to this Agreement will be in writing and will be sent by means of certified mail, postage prepaid.
All notices required by or relating to this Agreement may also be communicated by facsimile, provided that the sender receives and retains
confirmation of successful transmittal to the recipient. Such notices will be effective on the date indicated in such confirmation. In
the event that either Party delivers any notice hereunder by means of facsimile transmission in accordance with the preceding sentence,
such Party will promptly thereafter send a duplicate of such notice in writing by means of certified mail, postage prepaid, to the receiving
Party, addressed as set forth above or to such other address as the receiving Party may have previously substituted by written notice
to the sender. Notice hereunder will be directed to the following addresses or addressed to such other address as that Party may have
given by written notice in accordance with this provision:

 

	If to Berkshire Grey, to:	If to SoftBank, to:
	10 Maguire Road	Shiodome-sumitomo Building
	Building 4, Suite 190	1-9-2 Higashi-shimbashi
	Lexington, MA 02421	Minato-ku,Tokyo JAPAN
	
    Attn:
	Jay Link,

    
	
    Attn:
	Kenichi Yoshida

    

	 	VP of Global Sales	 	Chief Business Officer

 

13.5 Applicable
Law. This Agreement and the rights and obligations of the Parties hereunder will be construed in accordance with, and will be governed
by, the laws of the State of California, without giving effect to its rules regarding conflict of laws. SoftBank expressly agrees with
Berkshire Grey that this Agreement will not be governed by the U.N. Convention on Contracts for the International Sale of Goods. Any controversy
or claim arising out of or relating to this contract, or the breach thereof, shall be determined by arbitration administered by the International
Centre for Dispute Resolution in accordance with its International Arbitration Rules. The seat of the arbitration shall be the State of
California. The tribunal shall consist of three (3) arbitrators. The language of the arbitration shall be English.

 

13.6 Force
majeure. Berkshire Grey will be excused from performance of its obligations under this Agreement if such a failure to perform results
from compliance with any requirement of applicable law, acts of god, fire, strike, embargo, terrorist attack, war, insurrection or riot
or other causes beyond the reasonable control of Berkshire Grey. Any delay resulting from any of such causes will extend performance accordingly
or excuse performance, in whole or in part, as may be reasonable under the circumstances.

 

13.7 No
Third Party Beneficiaries. The Parties acknowledge that the covenants set forth in this Agreement are intended solely for the benefit
of the Parties, their successors and permitted assigns. Nothing herein, whether express or implied, will confer upon any person or entity,
other than the Parties, their successors and permitted assigns, any legal or equitable right whatsoever to enforce any provision of this
Agreement.

 

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13.8 Waiver.
No waiver under this Agreement will be valid or binding unless set forth in writing and duly executed by the Party against whom enforcement
of such waiver is sought. Any such waiver will constitute a waiver only with respect to the specific matter described therein and will
in no way impair the rights of the Party granting such waiver in any other respect or at any other time. Any delay or forbearance by either
Party in exercising any right hereunder will not be deemed a waiver of that right.

 

13.9 Amendment.
No amendment to this Agreement or the SOW will be valid unless such amendment is made in writing and is signed by the authorized representatives
of the Parties.

 

13.10 Severability.
If any provision of this Agreement is invalid or unenforceable for any reason in any jurisdiction, such provision will be construed to
have been adjusted to the minimum extent necessary to cure such invalidity or unenforceability. The invalidity or unenforceability of
one or more of the provisions contained in this Agreement will not have the effect of rendering any such provision invalid or unenforceable
in any other case, circumstance or jurisdiction, or of rendering any other provisions of this Agreement invalid or unenforceable whatsoever.

 

13.11 Construction.
As used in this Agreement, all terms used in the singular will be deemed to include the plural, and vice versa, as the context may require.
The words “hereof”, “herein”, and “hereunder” refer to this Agreement as a whole, including the attached
exhibits, as the same may from time to time be amended or supplemented, and not to any subdivision in this Agreement. When used in this
Agreement, “including” means “including, without limitation” and “discretion” means sole discretion.
Unless otherwise expressly stated, when a Party’s approval or consent is required under this Agreement, such Party may grant or
withhold its approval or consent in its discretion. References to “Section” or “Exhibit” will be to the applicable
section or exhibit of this Agreement. Descriptive headings are inserted for convenience only and will not be utilized in interpreting
the Agreement. This Agreement has been negotiated by the Parties and reviewed by their respective counsel and will be fairly interpreted
in accordance with its terms and without any strict construction in favor of or against either Party.

 

13.12 Counterparts.
This Agreement may be executed in any number of counterparts, each of which when so executed will be deemed to be an original and all
of which when taken together will constitute one Agreement.

 

13.13 Entire
Agreement. This Agreement (together with the SOW) sets forth the entire agreement and understanding between the Parties hereto with
respect to the subject matter hereof and, except as specifically provided herein, supersedes and merges all prior oral and written agreements,
discussions and understandings between the Parties with respect to the subject matter hereof, and neither of the Parties will be bound
by any conditions, inducements or representations other than as expressly provided for herein.

 

[Remainder of Page Blank; Signature Page
Follows]

 

    11

    

    

 

In Witness
Whereof, the Parties have caused this Agreement to be executed and delivered as of the Effective Date.

 

	SOFTBANK ROBOTICS CORP.	 	BERKSHIRE GREY, INC.
	 	 	 	 	 
	By:	Kenichi Yoshida	 	By:	Tom Wagner
	Name:	Kenichi Yoshida	 	Name:	Tom Wagner
	Title:	Chief Business Officer	 	Title:	CEO

 

     

     

    

 

Exhibit
A

Statement
of Work

 

 

 

 

     

    

    

 

Exhibit
B

Non-Disclosure
Agreement Dated _________Exhibit 10.20

 

 

 

 

Certain portions of the
exhibit have been omitted pursuant to Regulation S-K Item 601 because they are both (i) not material to investors and (ii) likely to
cause competitive harm to the Company if publicly disclosed, and had been marked with “[***]” to indicate where omissions
have been made.

 

 

 

Statement of Work:

 

LaaS Tech Center Design & Implementation

 

[***]

 

Berkshire Grey, Inc.

 

Proposal # 1907101330, Rev. 2

 

August 8, 2019

 

    	Confidential Information	1	© Berkshire Grey, Inc. 2019

     

    

 

 

 

THIS STATEMENT OF WORK (“SOW”)
is made a part of and wholly incorporated into the Technology Acceleration Agreement dated June 6, 2019 by and between Berkshire Grey,
Inc., a Delaware corporation (“Berkshire Grey”) whose principal place of business is located at 10 Maguire Road, Building
4, Suite 190, Lexington, MA 02421 and SoftBank Robotics Corp., a Japanese Corporation whose principal address is located at 1-9-2 Higashi-shimbashi,Minato-
ku,Tokyo JAPAN (“SoftBank”). ”) and is effective as of the date last signed by both parties hereto (“SOW Effective
Date”). In the event of a conflict of terms and conditions the following order of precedence will apply: (i) the Technology Acceleration
Agreement, and (ii) the SOW. Any capitalized terms not defined in this SOW will have the same meaning as in the Agreement.

 

		1.	OVERVIEW

 

This SOW defines the project scope,
clarifies the roles and responsibilities associated with the project, and serves as the Parties’ agreement to begin work hereunder.
The work provided for will be governed by the terms of the Agreement and this SOW. This SOW is used to communicate the project commitments
and objectives to Berkshire Grey and to set out each Party’s roles and responsibilities. Signature of this SOW constitutes acceptance
of the terms defined herein.

 

		2.	SCOPE OF WORK

 

The work covered hereunder includes,
but is not necessarily limited to, a) the Equipment, Software, and the System as a whole, and b) related professional services outlined
herein. The work will be performed within the provided timeframe and under the terms contained both herein and in the Agreement. The work
provided by Berkshire Grey will include:

 

		2.1.	[***]

 

		2.2	Additional Technology Acceleration

 

		2.2.1	Tote Consolidation

 

		2.2.2	Picking from Tote Subdivisions

 

		2.2.3	Alternate Robot Integration

 

		2.2.4	SKU Enrollment Process

 

		2.2.5	Cost Out Activities

 

		3.	CHANGE ORDER PROCEDURE

 

It is mutually understood that business
requirements, resources and dates may change upon mutual consent of the Parties. Customer is responsible for revising the estimated Project
plans and requesting changes to the requirements for Equipment or the Services. Changes to the Equipment or the Services described in
this SOW will be subject to mutual written agreement of the parties. Berkshire Grey will not commence work on any such change unless and
until the change has been agreed to in writing by both Parties.

 

    	Confidential Information	2	© Berkshire Grey, Inc. 2019

     

    

 

 

 

IN WITNESS WHEREOF, each party warrants
that its respective signatory whose signature appears below is duly authorized by all necessary and appropriate corporate action to execute
this SOW on behalf of such party.

 

	BERKSHIRE GREY, INC	 	SoftBank Robotics Corp.
	 	 	 
	By:	/s/ Tom Wagner	 	By:	/s/ Kenichi Yoshida
	Print Name:	Tom Wagner	 	Print Name:	Kenichi Yoshida
	Title:	CEO	 	Title:	Chief Business Officer
	 	 	 	 	 
	Date:		 	Date:	

 

 

    	Confidential Information	3	© Berkshire Grey, Inc. 2019

     

    

 

 

 

Legal Information and Confidentiality

 

All information contained herein (the “Proposal”)
and disclosed to SoftBank by Berkshire Grey (the “Parties”) is subject to the confidentiality provision in the Technology
Acceleration Agreement (TAA) between SoftBank and Berkshire Grey dated June 7, 2019.

 

    	Confidential Information	4	© Berkshire Grey, Inc. 2019

     

    

 

 

 

		1	Executive Summary

 

[***]

 

With our unique automation technology, we aim to give SoftBank
an essential lever in the virtuous cycle: improving operational efficiency. Labor is the biggest cost factor in order fulfillment today
and changing demographics across the globe will increase the cost of labor. Automated unit handling will free SB’s LaaS business
from the need for a vast workforce, which has cascading effects. Labor independence enables operations closer to population centers where
labor markets are tighter. Inventory closer to customers cuts transportation costs and gives a competitive advantage in shipping times.
Efficiency lowers costs, improves the customer experience, and attracts more LaaS clients, continuing the cycle.

 

We propose a partnership – a Technology Acceleration
Agreement (TAA) – through which BG will fast-track the development of further capabilities that will ensure customer satisfaction
in automated e-commerce and unlock even greater operational efficiency.

 

[***]

 

    	Confidential Information	5	© Berkshire Grey, Inc. 2019

     

    

 

 

 

Table of Contents

 

	1	Executive Summary	5
	2	Introduction	7
	 	2.1	 	Background and Rationale	7
	 	2.2	 	Objectives	8
	 	2.3	 	Benefits and Impacts	8
	 	2.4	 	Overall Approach	8
	3	Technology Acceleration Program	9
	 	3.1	 	[***]	9
	 	 	3.1.1	 	 	Methodology	9
	 	 	3.1.2	 	 	[***]	
	 	 	3.1.3	 	 	[***]	
	 	 	3.1.4	 	 	Larger Solution Space	10
	 	 	3.1.5	 	 	Key Performance Indicators	10
	 	3.2	 	Additional Technology Acceleration	10
	 	 	3.2.1	 	 	Tote Consolidation	10
	 	 	3.2.2	 	 	Picking from Tote Subdivisions	10
	 	 	3.2.3	 	 	Alternate Robot Integration	10
	 	 	3.2.4	 	 	SKU Enrollment Process	11
	 	 	3.2.5	 	 	Cost Reduction Activities	11
	 	 	3.2.6	 	 	Proposed Schedule of Activities	11
	4	Facilities and Equipment	12
	 	4.1	 	Integrated System Test	13
	 	4.2	 	Lab Space	13
	 	4.3	 	Prototyping Space	14
	5	 	Commercial	14
	 	5.1	 	Pricing & Pricing Validity	14
	 	 	5.1.1	 	 	Pricing for Technology Acceleration Program	14
	 	 	5.1.2	 	 	Pricing Exclusions	14
	 	5.2	 	Payment Invoices & Payment Schedule	14

 

    	Confidential Information	6	© Berkshire Grey, Inc. 2019

     

    

 

 

 

		2	Introduction

 

		2.1	Background and Rationale

 

The
purpose of this work is to accelerate the development of new capabilities that can be integrated into the various pick cells needed
[***]. In our proposal Robotic Picking Cells Design & Implementation [***] we have proposed to integrate multiple
instances of these three cell types into [***] operations, with the goal of automating order fulfillment at reduced labor and
operational costs. The three cell types support the flow of goods through the distribution center: Induction Cells transfer items
from AS/RS-delivered inventory totes to trays destined for a [***] pack items directly from inventory totes into a single shipping
container; and [***] pack items delivered on trays [***] into a shipping container.

 

[***]

 

In addition to these [***] these other capabilities are
of importance to SB:

 

		●	Picking from tote subdivisions

 

		●	Tote consolidation at, e.g., Induction Cells

 

		●	Robot cells based on other robot arm vendors [***].

 

		●	Development of SKU enrollment procedures.

 

		●	Define cost out activities based on SBR volume commits and
future engineering design changes.

 

Tote subdivisions and tote consolidation are tools to increase
the cube utilization of the AS/RS – they increase the utilization of space within totes. Robotic picking from subdivided totes and
consolidation will support cube utilization.

 

    	Confidential Information	7	© Berkshire Grey, Inc. 2019

     

    

 

 

 

		2.2	Objectives

 

Our primary goal is to accelerate the development of the capabilities
described above so that they can support SB’s efforts to create a successful LaaS business – achieving high customer satisfaction,
and lower operational costs compared with manual operations. This primary goal translates to several objectives:

 

		(1)	Enable pick cells
to handle a high proportion of units [***].

 

		(2)	Integrate the above capabilities into the three pick cell
types destined for [***].

 

		(3)	Improve field maintainability in future cells in Japan.

 

		2.3	Benefits and Impacts

 

The proposed capabilities in Berkshire Grey’s approach
have several key benefits:

 

		●	Robotic unit picking with a white-glove level of care for
goods provides SB’s LaaS business with a unique capability that both saves on labor costs and keeps customers coming back.

 

		●	Automated operations are less subject to fluctuations in
personnel over the course of a day (no lunch, no bathroom breaks, no shift changes) and year (no need to ramp up labor for peak).

 

		2.4	Overall Approach

 

Our program is intentionally structured to focus on delivering
these technologies as quickly as possible:

 

		●	Accelerated development is necessarily closed-loop in nature.
We build out minimum viable solutions, continually measure progress towards our goals, and re-vector when needed. [***] for Packing,
tied to objectives (1) and (2), respectively.

 

[***]

 

		●	The heart of the Tech Center is an integrated test facility.
We are not developing isolated components, but complete solutions. We test them as such in an integrated facility that simulates the
flow of goods through the DC. This helps catch and mitigate integration problems earlier rather than later. Around the tech center, we
include lab space and rapid prototyping equipment to give engineers the space and tools they need to do things faster.

 

 

¥ [***]

 

    	Confidential Information	8	© Berkshire Grey, Inc. 2019

     

    

 

 

 

		●	Progress towards goals and any issues, will be updated on
a 6-week cadence. BG will also provide intermittent, informal updates as development progresses.

 

		3	Technology Acceleration Program

 

Over the past several months, we have been thinking carefully
about the how to solve the challenges faced by operationalizing a white-glove level of service and the ability to place items for packing.
The sections ahead describe a prudent and pragmatic approach to building this capability.

 

		3.1	[***]

 

Operational efficiency cannot compromise quality. Product and
packaging integrity are essential aspects of quality for the Japanese consumer who will reject dented, bent, punctured or crushed goods.
Rejections are expensive to handle and create a poor customer experience that can send customers to competitors. Our aim in this thrust
is to reduce rates of damage that may occur to products or their packaging when they are being picked and placed by robot, with the greater
goal of ensuring customer satisfaction.

 

We start from a position of strength in
both coverage of SKUs and in limited rates of damage to SKUs. BG automation was tested against human performance in a blind test of product
damage. In that test, more items were found to be damaged after human handling than after automated handling. Damage, though, can occur
and the most common causes of damage on products are two-fold: blisters forming on packaging due to vacuum; and products becoming dented
because the gripper is too forceful picking them up, placing them or dropping them.

 

		3.1.1	Methodology

 

We adopt an engineering methodology that uses data to inform
development, investigates root causes and maps out interdependencies, and employs objective surrogates to improve efficiency of testing:

 

[***]

 

    	Confidential Information	9	© Berkshire Grey, Inc. 2019

     

    

 

 

 

These points highlight an approach to [***] that concentrates
efforts on the simplest possible solutions to the biggest problems. The examples that follow illustrate root cause analysis, quick experimentation
to verify hypotheses, and some outcomes of aligned testing.

 

[***]

 

		3.1.4	Larger Solution Space

 

Our approach to the problem is set out in section 3.1.1 –
this governs a process by which we evaluate gaps and assess potential solutions to address those gaps. We expect to draw from a set of
solutions that include software, hardware and mechatronics. They may include but are not limited to:

 

[***]

 

We view each of these solutions as having potential impact
in different phases of the pick, transfer and place operation. The following table illustrates some of the potential solutions above and
their potential impacts relative to three major categories where damage can occur, namely large heavy objects, items with sensitive package
wrapping, and items with fragile packing containers or contents.

 

[***]

 

		3.1.5	Key Performance Indicators

 

In order to measure progress towards a [***] capability, we
employ the following key performance indicators (KPIs):

 

[***]

 

Each of these measures are based on an agreed upon SKU test
set, which we have a recommended a process for deriving in the separately delivered Recommended Methodology for SKU Set Selection.

 

		3.2	Additional Technology Acceleration

 

		3.2.1	Tote Consolidation

 

[***]

 

		3.2.2	Picking from Tote Subdivisions

 

[***]

 

		3.2.3	Alternate Robot Integration

 

[***]

 

    	Confidential Information	10	© Berkshire Grey, Inc. 2019

     

    

 

 

 

		3.2.4	SKU Enrollment Process

 

Berkshire Grey will work with SoftBank to develop a SKU enrollment
process. This includes defining what characteristics should be manually entered (e.g. with a user interface) and automatically acquired
(e.g. with Cubiscan-type devices) when SKUs are enrolled. It also includes the definition of database schemas for recording acquired data.

 

		3.2.5	Cost Reduction Activities

 

Berkshire Grey will work with SoftBank to target reduce costs
for future RPC units based on SBR volume commits and engineering “cost out” activities.

 

The overall cost reduction schedule for the [***] after execution
of the distribution agreement for the System between the parties is outlined in the table below:

 

The parties hereby agree that further
details of the terms and conditions of the cost reduction activities shall be set forth in the distribution agreement of the System (defined
in the TAA) to be executed between the parties.:

 

	# RPC Units
	1-14	 	 	15-49	 	 	 	50-99	 	 	 	100-249	 	 	 	250-749	 	 	 	750-1999	 	 	 	2000+	 

 

[***]

 

		3.2.6	Proposed Schedule of Activities

 

The table below provides an outline of activities for phasing
in the tech acceleration needed for [***] and additional technology acceleration as described in Section 3. It may be necessary to move
dates from time to time. Date changes will be discussed with SBR.

 

Berkshire Grey will coordinate validation and review events
with SBR such that SBR can join the validation event.

 

	Title	 	
    Estimated

    

    Start

    
	 	
    Estimated

    

    End

    

	[***]	 	[***]	 	[***]
	[***] and Experiments	 	[***]	 	[***]
	Pre-Grasp	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	Grasp	 	[***]	 	[***]

 

    	Confidential Information	11	© Berkshire Grey, Inc. 2019

     

    

 

 

 

	Title	 	Estimated

                                                                                

                                                                                Start
	 	Estimated

                                                                                

                                                                                End

	[***]	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	Transfer	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	Place	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	[***]	 	[***]	 	[***]
	 	 	[***]	 	[***]
	Additional Tech	 	[***]	 	[***]
	Picking from Subdivisions	 	[***]	 	[***]
	Picking from Subdivisions MVP	 	[***]	 	[***]
	SKU Classification	 	[***]	 	[***]
	Initial Definition	 	[***]	 	[***]
	Implementation	 	[***]	 	[***]
	SKU Classification Tool MVP Released	 	[***]	 	[***]
	Tote Consolidation	 	[***]	 	[***]
	Tote Consolidation MVP Released	 	[***]	 	[***]

 

		4	Facilities and Equipment

 

A dedicated space with the purpose of collocating the development
team with hardware and equipment to speed development will be built out. The space will contain three principal areas:

 

[***]

 

Depending on timing of signed SOW and signed lease for
lab space, Berkshire Grey may start some development work in our existing workspace. In that case we cannot guarantee the lab

 

    	Confidential Information	12	© Berkshire Grey, Inc. 2019

     

    

 

 

 

space is only for SBR. However, we can guarantee that the
SBR work will be in a private area where BG visitors will not have access to that equipment or see the work.

 

Access to most Berkshire Grey space is controlled via access
card and only approved BG personnel will have access to the area.

 

The figure below shows the relative space utilization of the
facility and highlights some of the major capabilities.

 

[***]

 

		4.1	Integrated System Test

 

The Integrated System Testing area is critical to the development
and verification of our performance metrics and goals. This system allows us to test, measure, and inspect our picking performance and
quality throughout the process flow including inspecting items after they are fully packed. A conceptual system flow is shown in the diagram
below.

 

[***]

 

The flow of material mimics on a much smaller scale the flow
of goods within the [***] DC. The facility simulates the entire process of retrieval from mock inventory to outbound box shipping with
quality checks in between and after each cell to verify system performance:

 

[***]

 

This end-to-end test facility allows full
system functionality to be observed and tested as well as the system KPIs to be benchmarked against software and hardware improvements.

 

		4.2	Lab Space

 

The lab space will be the first part of the tech center stood
up for testing. The Development RPCs will be used to understand and rapidly iterate software and hardware toward our developments in [***].
The pick cells will have the ability to have new features added and removed quickly to facilitate active development.

 

    	Confidential Information	13	© Berkshire Grey, Inc. 2019

     

    

 

 

 

There will be a section of the floor devoted to Quality Assurance
to document and quantify product integrity and packing efficiency as development progresses. Lastly, there will be a storage space for
curating various test SKUs.

 

SBR visits to the Lab Space must be coordinated
with BG in advance. Due to the proprietary nature of this work and other work in our lab, BG may decline a visit request and ask SBR to
adjust visit date, duration or members..

 

		4.3	Prototyping Space

 

The prototyping space will house equipment to enable rapid
development of new hardware solutions to support our research thrusts. A 3D printer will allow unique gripper designs to be designed printed
and tested in the same day allowing rapid hardware maturity to be developed. A material property testing station will allow live testing
of important subsystems and enable more detailed measurements to be taken for product integrity on the [***]. General assembly stations
will support prototypes sub-system and system assembly. Lastly, other rapid prototyping equipment may be procured as necessary to support
the project and deliveries. These include but are not limited to a laser cutter and milling machine.

 

		5	Commercial

 

		5.1	Pricing & Pricing Validity

 

		5.1.1	Pricing for Technology Acceleration Program

 

This agreement covers the work set out in the above SOW, in
improved handling to reduce damage, packing boxes for e-commerce order fulfillment, enabling picking from subdivisions, integration of
other robot vendors, work towards consolidation at cells, and SKU compatibility determination. The total price for the Technology Acceleration
Program is outlined as below:

 

[***]

 

		5.1.2	Pricing Exclusions

 

Scope items specifically excluded are totes, LaaS boxes and
LaaS test product. It is assumed that SoftBank would provide these items in necessary quantities.

 

		5.2	Payment Invoices & Payment Schedule

 

Berkshire Grey will invoice SoftBank per the schedule below.
Invoices will be payable by SoftBank to Berkshire Grey [***] (as agreed in Section 8.2 of the signed MPLA). The payment milestone structure
for the Technology Acceleration Center is as follows:

 

	Invoice Amount	 	Invoice Items	 	Invoice Date
	[***]	 	[***]	 	[***]
	[***]	 	[***]	 	[***]

 

 

 

	Confidential Information	14	© Berkshire Grey, Inc. 2019

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