Document:

Exhibit 10.11

 

INDEMNIFICATION AGREEMENT

 

THIS INDEMNIFICATION AGREEMENT (this “Agreement”)
is made as of               , 2022 by and between MultiMetaVerse
Holdings Limited, a business company incorporated and existing under the laws of the British Virgin Islands (the “Company”),
and                  , an individual ([Passport/ID] Number                      )
(the “Indemnitee”).

 

[WHEREAS, the Indemnitee has agreed to serve as a director or executive
officer of the Company and in such capacity will render valuable services to the Company; and

 

WHEREAS, in order to induce and encourage highly experienced and capable
persons such as the Indemnitee to render valuable services to the Company, the board of directors of the Company (the “Board
of Directors”) has determined that this Agreement is not only reasonable and prudent, but necessary to promote and ensure the
best interests of the Company and its shareholders;]1

 

[WHEREAS, the Indemnitee has served as a director of the predecessor
to the Company prior to the Effective Time of the Acquisition Merger pursuant to the Merger Agreement dated as
of August 6, 2021 (as amended on January 6, 2022, the “Merger Agreement”);

 

[WHEREAS, defined terms not otherwise defined herein shall have the
same meanings ascribed to them in the Merger Agreement;]2

 

NOW, THEREFORE, in consideration of the premises and mutual agreements
hereinafter set forth, and other good and valuable consideration, including, without limitation, the service of the Indemnitee, the receipt
of which hereby is acknowledged, and in order to induce the Indemnitee to render valuable services the Company, the Company and the Indemnitee
hereby agree as follows:

 

		1.	Definitions.  As used in this Agreement:

 

		(a)	“Change in Control” shall mean a change in control of the Company of a nature that would be required to be reported
in response to Item 6(e) of Schedule 14A of Regulation 14A (or in response to any similar item on any similar or successor
schedule or form) promulgated under the United States Securities Exchange Act of 1934, as amended, and the rules and regulations
promulgated thereunder (collectively, the “Act”), whether or not the Company is then subject to such reporting requirement;
provided, however, that, without limitation, such a Change in Control shall be deemed to have occurred (irrespective of the applicability
of the initial clause of this definition) if (i) any “person” (as such term is used in Sections 13(d) and 14(d) of
the Act, but excluding any trustee or other fiduciary holding securities pursuant to an employee benefit or welfare plan or employee share
plan of the Company or any subsidiary or affiliate of the Company, or any entity organized, appointed, established or holding securities
of the Company with voting power for or pursuant to the terms of any such plan) becomes the “beneficial owner” (as defined
in Rule 13d-3 under the Act), directly or indirectly, of securities of the Company representing 30% or more of the combined
voting power of the Company’s then outstanding securities without the prior approval of at least two-thirds of the Continuing Directors
(as defined below) in office immediately prior to such person’s attaining such interest; (ii) the Company is a party to a merger,
consolidation, scheme of arrangement, sale of assets or other reorganization, or a proxy contest, as a consequence of which Continuing
Directors in office immediately prior to such transaction or event constitute less than a majority of the Board of Directors of the Company
(or any successor entity) thereafter; or (iii) during any period of two (2) consecutive years, individuals who at the beginning
of such period constituted the Board of the Company (including for this purpose any new director whose election or nomination for election
by the Company’s shareholders was approved by a vote of at least two-thirds of the directors then still in office who
were directors at the beginning of such period) (such directors being referred to herein as “Continuing Directors”)
cease for any reason to constitute at least a majority of the Board of the Company.

 

 

1
Insert for incoming directors.

 

2 Insert for outgoing directors.

 

    	 	 	 

     

    

 

		(b)	“Disinterested Director” with respect to any request by the Indemnitee for indemnification or advancement of expenses
hereunder shall mean a director of the Company who neither is nor was a party to the Proceeding (as defined below) in respect of which
indemnification or advancement is being sought by the Indemnitee.

 

		(c)	The term “Expenses” shall mean, without limitation, expenses of Proceedings, including attorneys’ fees, disbursements
and retainers, accounting and witness fees, expenses related to preparation for service as a witness and to service as a witness, travel
and deposition costs, expenses of investigations, judicial or administrative proceedings and appeals, amounts paid in settlement of a
Proceeding by or on behalf of the Indemnitee, costs of attachment or similar bonds, any expenses of attempting to establish or establishing
a right to indemnification or advancement of expenses, under this Agreement, the Company’s Memorandum of Association and Articles
of Association as currently in effect (the “Articles”), applicable law or otherwise, and reasonable compensation for
time spent by the Indemnitee in connection with the investigation, defense or appeal of a Proceeding or action for indemnification for
which the Indemnitee is not otherwise compensated by the Company or any third party.  The term “Expenses” shall not include
the amount of judgments, fines, interest or penalties, which are actually levied against or sustained by the Indemnitee to the extent
sustained after final adjudication.

 

		(d)	The term “Independent Legal Counsel” shall mean any firm of attorneys reasonably selected by the Board of Directors
of the Company, so long as such firm has not represented the Company, the Company’s subsidiaries or affiliates, the Indemnitee,
any entity controlled by the Indemnitee, or any party adverse to the Company, within the preceding five (5) years.  Notwithstanding
the foregoing, the term “Independent Legal Counsel” shall not include any person who, under applicable standards of professional
conduct then prevailing, would have a conflict of interest in representing either the Company or the Indemnitee in an action to determine
the Indemnitee’s right to indemnification or advancement of expenses under this Agreement, the Company’s Articles, applicable
law or otherwise.

 

    	 	 	 

     

    

 

		(e)	The term “Proceeding” shall mean any threatened, pending or completed action, suit, arbitration, alternate dispute
resolution mechanism, or other proceeding (including, without limitation, an appeal therefrom), formal or informal, whether brought in
the name of the Company or otherwise, whether of a civil, criminal, administrative or investigative nature, and whether by, in or involving
a court or an administrative, other governmental or private entity or body (including, without limitation, an investigation by the Company
or its Board of Directors), by reason of (i) the fact that the Indemnitee is or was a director or officer of the Company, or is or
was serving at the request of the Company as an agent of another enterprise, whether or not the Indemnitee is serving in such capacity
at the time any liability or expense is incurred for which indemnification or reimbursement is to be provided under this Agreement, (ii) any
actual or alleged act or omission or neglect or breach of duty, including, without limitation, any actual or alleged error or misstatement
or misleading statement, which the Indemnitee commits or suffers while acting in any such capacity, or (iii) the Indemnitee attempting
to establish or establishing a right to indemnification or advancement of expenses pursuant to this Agreement, the Company’s Articles,
applicable law or otherwise.

 

		(f)	The phrase “serving at the request of the Company as an agent of another enterprise” or any similar terminology
shall mean, unless the context otherwise requires, serving at the request of the Company as a director, officer, employee or agent of
another corporation, partnership, joint venture, limited liability company, trust, employee benefit or welfare plan or other enterprise,
foreign or domestic.  The phrase “serving at the request of the Company” shall include, without limitation, any service
as a director/an executive officer of the Company which imposes duties on, or involves services by, such director/executive officer with
respect to the Company or any of the Company’s subsidiaries, affiliates, employee benefit or welfare plans, such plan’s participants
or beneficiaries or any other enterprise, foreign or domestic.  In the event that the Indemnitee shall be a director, officer, employee
or agent of another corporation, partnership, joint venture, limited liability company, trust, employee benefit or welfare plan or other
enterprise, foreign or domestic, 50% or more of the ordinary shares, combined voting power or total equity interest of which is owned
by the Company or any subsidiary or affiliate thereof, then it shall be presumed conclusively that the Indemnitee is so acting at the
request of the Company.

 

		2.	[Services by the Indemnitee.  The Indemnitee agrees to serve
                                            as a director or officer of the Company under the terms of the Indemnitee’s agreement
                                            with the Company for so long as the Indemnitee is duly elected or appointed or until such
                                            time as the Indemnitee tenders a resignation in writing or is removed from the Indemnitee’s
                                            position; provided, however, that the Indemnitee may at any time and for any reason resign
                                            from such position (subject to any other contractual obligation or other obligation imposed
                                            by operation of law).]3

 

    	 	 	 

     

    

 

		3.	Proceedings by or in the Right of the Company.  The Company shall indemnify the Indemnitee if the Indemnitee is a party
to or threatened to be made a party to or is otherwise involved in any Proceeding by or in the right of the Company to procure a judgment
in its favor by reason of the fact that the Indemnitee is or was a director or officer of the Company, or is or was serving at the request
of the Company as an agent of another enterprise, against all Expenses, judgments, fines, interest or penalties, which are actually and
reasonably incurred by the Indemnitee in connection with the defense or settlement of such a Proceeding, if the Indemnitee acted in good
faith and in a manner the Indemnitee reasonably believed to be in, or not opposed to, the best interests of the Company; except that
no indemnification under this section shall be made in respect of any claim, issue or matter as to which such person shall have been adjudicated
by final judgment by a court of competent jurisdiction to be liable to the Company for willful misconduct in the performance of his/her
duty to the Company, unless and only to the extent that the court in which such Proceeding was brought shall determine upon application
that, despite the adjudication of liability but in view of all the circumstances of the case, such person is fairly and reasonably entitled
to indemnity for such amounts which such other court shall deem proper.

 

		4.	Proceeding Other Than a Proceeding by or in the Right of the Company.  The Company shall indemnify the Indemnitee if the
Indemnitee is a party to or threatened to be made a party to or is otherwise involved in any Proceeding (other than a Proceeding by or
in the right of the Company) by reason of the fact that the Indemnitee is or was a director or officer of the Company, or is or was serving
at the request of the Company as an agent of another enterprise, against all Expenses, judgments, fines, interest or penalties, which
are actually and reasonably incurred by the Indemnitee in connection with such a Proceeding, to the fullest extent permitted by applicable
law; provided, however, that any settlement of a Proceeding must be approved in advance in writing by the Company (which approval shall
not be unreasonably withheld).

 

		5.	Indemnification for Costs, Charges and Expenses of Witness or Successful Party.  Notwithstanding any other provision of
this Agreement (except as set forth in subparagraph 9(a) hereof), and without a requirement for determination as required by
Paragraph 8 hereof, to the extent that the Indemnitee (a) has prepared to serve or has served as a witness in any Proceeding
in any way relating to (i) the Company or any of the Company’s subsidiaries, affiliates, employee benefit or welfare plans
or such plan’s participants or beneficiaries or (ii) anything done or not done by the Indemnitee as a director or officer of
the Company or in connection with serving at the request of the Company as an agent of another enterprise, or (b) has been successful
in defense of any Proceeding or in defense of any claim, issue or matter therein, on the merits or otherwise, including the dismissal
of a Proceeding without prejudice or the settlement of a Proceeding without an admission of liability, the Indemnitee shall be indemnified
against all Expenses actually and reasonably incurred by the Indemnitee in connection therewith to the fullest extent permitted by applicable
law.

 

		6.	Partial Indemnification.  If the Indemnitee is entitled under any provision of this Agreement to indemnification by the
Company for a portion of the Expenses, judgments, fines, interest or penalties, which are actually and reasonably incurred by the Indemnitee
in the investigation, defense, appeal or settlement of any Proceeding, but not, however, for the total amount of the Indemnitee’s
Expenses, judgments, fines, interest or penalties, then the Company shall nevertheless indemnify the Indemnitee for the portion of such
Expenses, judgments, fines, interest or penalties to which the Indemnitee is entitled.

 

 

3
Insert for incoming directors only.

 

    	 	 	 

     

    

 

		7.	Advancement of Expenses.  The Expenses incurred by the Indemnitee in any Proceeding shall be paid promptly by the Company
in advance of the final disposition of the Proceeding at the written request of the Indemnitee, to the fullest extent permitted by applicable
law; provided, however, that the Indemnitee shall set forth in such request reasonable evidence that such Expenses have been incurred
by the Indemnitee in connection with such Proceeding, a statement that such Expenses do not relate to any matter described in subparagraph 9(a) of
this Agreement, and an undertaking in writing to repay any advances if it is ultimately determined as provided in subparagraph 8(b) of
this Agreement that the Indemnitee is not entitled to indemnification under this Agreement.

 

		8.	Indemnification Procedure; Determination of Right to Indemnification.

 

		(a)	Promptly after receipt by the Indemnitee of notice of the commencement of any Proceeding, the Indemnitee shall, if a claim for indemnification
or advancement of Expenses in respect thereof is to be made against the Company under this Agreement, notify the Company of the commencement
thereof in writing.  The failure and delay to so notify the Company will not relieve the Company from any liability which the Company
may have to the Indemnitee under this Agreement unless the Company shall have lost significant substantive or procedural rights with respect
to the defense of any Proceeding as a result of such omission to so notify.

 

		(b)	The Indemnitee shall be conclusively presumed to have met the relevant standards of conduct, if any, as defined by applicable
                                                               law, for indemnification pursuant to this Agreement and shall be absolutely entitled to such indemnification, unless a determination
                                                               is made that the Indemnitee has not met such standards by a court of competent jurisdiction.

 

    	 	 	 

     

    

 

		(c)	If a claim for indemnification or advancement of Expenses under this Agreement is not paid by the Company within thirty (30)
days after receipt by the Company of written notice thereof, the rights provided by this Agreement shall be enforceable by the Indemnitee
in any court of competent jurisdiction.  Such judicial proceeding shall be made de novo.  The burden of proving that indemnification
or advances are not appropriate shall be on the Company.  Neither the failure of the directors or shareholders of the Company or
Independent Legal Counsel to have made a determination prior to the commencement of such action that indemnification or advancement of
Expenses is proper in the circumstances because the Indemnitee has met the applicable standard of conduct, if any, nor an actual determination
by the directors or shareholders of the Company or Independent Legal Counsel that the Indemnitee has not met the applicable standard of
conduct shall be a defense to an action by the Indemnitee or create a presumption for the purpose of such an action that the Indemnitee
has not met the applicable standard of conduct.  The termination of any Proceeding by judgment, order, settlement or conviction,
or upon a plea of nolo contendere or its equivalent, shall not, of itself (i) create a presumption that the Indemnitee
did not act in good faith and in a manner which he reasonably believed to be in the best interests of the Company and/or its shareholders,
and, with respect to any criminal Proceeding, that the Indemnitee had reasonable cause to believe that his conduct was unlawful or (ii) otherwise
adversely affect the rights of the Indemnitee to indemnification or advancement of Expenses under this Agreement, except as may be provided
herein.

 

		(d)	If a court of competent jurisdiction shall determine that the Indemnitee is entitled to any indemnification or advancement of Expenses
hereunder, the Company shall pay all Expenses actually and reasonably incurred by the Indemnitee in connection with such adjudication
(including, but not limited to, any appellate proceedings).

 

		(e)	With respect to any Proceeding for which indemnification or advancement of Expenses is requested, the Company will be entitled to
participate therein at its own expense and, except as otherwise provided below, to the extent that it may wish, the Company may assume
the defense thereof, with counsel reasonably satisfactory to the Indemnitee.  After notice from the Company to the Indemnitee of
its election to assume the defense of a Proceeding, the Company will not be liable to the Indemnitee under this Agreement for any Expenses
subsequently incurred by the Indemnitee in connection with the defense thereof, other than as provided below.  The Company shall
not settle any Proceeding in any manner which would impose any penalty or limitation on the Indemnitee without the Indemnitee’s
written consent.  The Indemnitee shall have the right to employ his/her own counsel in any Proceeding, but the fees and expenses
of such counsel incurred after notice from the Company of its assumption of the defense of the Proceeding shall be at the expense of the
Indemnitee, unless (i) the employment of counsel by the Indemnitee has been authorized by the Company, (ii) the Indemnitee shall
have reasonably concluded that there may be a conflict of interest between the Company and the Indemnitee in the conduct of the defense
of a Proceeding, or (iii) the Company shall not in fact have employed counsel to assume the defense of a proceeding, in each of which
cases the fees and expenses of the Indemnitee’s counsel shall be advanced by the Company.  The Company shall not be entitled
to assume the defense of any Proceeding brought by or on behalf of the Company or as to which the Indemnitee has reasonably concluded
that there may be a conflict of interest between the Company and the Indemnitee.

 

    	 	 	 

     

    

 

		9.	Limitations on Indemnification.  No payments pursuant to this Agreement shall be made by the Company:

 

		(a)	To indemnify or advance funds to the Indemnitee for Expenses with respect to (i) Proceedings initiated or brought voluntarily
by the Indemnitee and not by way of defense, except with respect to Proceedings brought to establish or enforce a right to indemnification
under this Agreement or any other statute or law or otherwise as required under applicable law or (ii) Expenses incurred by the Indemnitee
in connection with preparing to serve or serving as a witness in cooperation with any party or entity who or which has threatened or commenced
any action or proceeding against the Company, or any director, officer, employee, trustee, agent, representative, subsidiary, parent corporation
or affiliate of the Company, but such indemnification or advancement of Expenses in each such case may be provided by the Company if the
Board of Directors finds it to be appropriate;

 

		(b)	To indemnify the Indemnitee for any Expenses, judgments, fines, interest or penalties sustained in any Proceeding for which payment
is actually made to the Indemnitee under a valid and collectible insurance policy, except in respect of any excess beyond the amount of
payment under such insurance;

 

		(c)	To indemnify the Indemnitee for any Expenses, judgments, fines, interest or penalties sustained in any Proceeding for an accounting
of profits made from the purchase or sale by the Indemnitee of securities of the Company pursuant to the provisions of Section 16(b) of
the Act or similar provisions of any foreign or United States federal, state or local statute or regulation;

 

		(d)	To indemnify the Indemnitee for any Expenses, judgments, fines, interest or penalties for which the Indemnitee is indemnified by the
Company otherwise than pursuant to this Agreement;

 

		(e)	To indemnify the Indemnitee for any Expenses (including without limitation any Expenses relating to a Proceeding attempting to enforce
this Agreement), judgments, fines, interest or penalties on account of the Indemnitee’s conduct if such conduct shall be finally
adjudged to have been knowingly fraudulent or deliberately dishonest or to have constituted willful misconduct, including, without limitation,
breach of the duty of loyalty;

 

		(f)	If a court of competent jurisdiction finally determines that any indemnification hereunder is unlawful. In this respect, the Company
and the Indemnitee have been advised that the Securities and Exchange Commission takes the position that indemnification for liabilities
arising under securities laws is against public policy and is, therefore, unenforceable;

 

    	 	 	 

     

    

 

		(g)	To indemnify the Indemnitee in connection with Indemnitee’s personal tax matter; or

 

		(h)	To indemnify the Indemnitee with respect to any claim related to any dispute or breach arising under any contract or similar obligation
between the Company or any of its subsidiaries or affiliates and such Indemnitee.

 

		10.	Continuation of Indemnification.  All agreements and obligations of the Company contained herein shall continue during
the period that the Indemnitee is a director or officer of the Company (or is or was serving at the request of the Company as an agent
of another enterprise, foreign or domestic) and shall continue thereafter so long as the Indemnitee shall be subject to any possible
Proceeding by reason of the fact that the Indemnitee was a director or officer of the Company or serving in any other capacity referred
to in this Paragraph 10.

 

		11.	Indemnification Hereunder Not Exclusive.  The indemnification provided by this Agreement shall not be deemed to be exclusive
of any other rights to which the Indemnitee may be entitled under the Company’s Articles, any agreement, vote of shareholders or
vote of Disinterested Directors, provisions of applicable law, or otherwise, both as to action or omission in the Indemnitee’s official
capacity and as to action or omission in another capacity on behalf of the Company while holding such office.

 

		12.	Successors and Assigns.

 

		(a)	This Agreement shall be binding upon the Indemnitee, and shall inure to the benefit of, the Indemnitee and the Indemnitee’s
heirs, executors, administrators and assigns, whether or not the Indemnitee has ceased to be a director or officer, and the Company and
its successors and assigns.  Upon the sale of all or substantially all of the business, assets or share capital of the Company to,
or upon the merger of the Company into or with, any corporation, partnership, joint venture, trust or other person, this Agreement shall
inure to the benefit of and be binding upon both the Indemnitee and such purchaser or successor person.  Subject to the foregoing,
this Agreement may not be assigned by either party without the prior written consent of the other party hereto.

 

		(b)	If the Indemnitee is deceased and is entitled to indemnification under any provision of this Agreement, the Company shall indemnify
the Indemnitee’s estate and the Indemnitee’s spouse, heirs, executors, administrators and assigns against, and the Company
shall, and does hereby agree to assume, any and all Expenses actually and reasonably incurred by or for the Indemnitee or the Indemnitee’s
estate, in connection with the investigation, defense, appeal or settlement of any Proceeding.  Further, when requested in writing
by the spouse of the Indemnitee, and/or the Indemnitee’s heirs, executors, administrators and assigns, the Company shall provide
appropriate evidence of the Company’s agreement set out herein to indemnify the Indemnitee against and to itself assume such Expenses.

 

    	 	 	 

     

    

 

		13.	Subrogation.  In the event of payment under this Agreement, the Company shall be subrogated to the extent of such payment
to all of the rights of recovery of the Indemnitee, who shall execute all documents required and shall do all acts that may be necessary
to secure such rights and to enable the Company effectively to bring suit to enforce such rights.

 

		14.	Severability.  Each and every paragraph, sentence, term and provision of this Agreement is separate and distinct so that
if any paragraph, sentence, term or provision thereof shall be held to be invalid, unlawful or unenforceable for any reason, such invalidity,
unlawfulness or unenforceability shall not affect the validity, unlawfulness or enforceability of any other paragraph, sentence, term
or provision hereof.  To the extent required, any paragraph, sentence, term or provision of this Agreement may be modified
by a court of competent jurisdiction to preserve its validity and to provide the Indemnitee with the broadest possible indemnification
permitted under applicable law.  The Company’s inability, pursuant to a court order or decision, to perform its obligations
under this Agreement shall not constitute a breach of this Agreement.

 

		15.	Savings Clause.  If this Agreement or any paragraph, sentence, term or provision hereof is invalidated on any ground by
any court of competent jurisdiction, the Company shall nevertheless indemnify the Indemnitee as to any Expenses, judgments, fines, interest
or penalties, which are incurred with respect to any Proceeding to the fullest extent permitted by any (a) applicable paragraph,
sentence, term or provision of this Agreement that has not been invalidated or (b) applicable law.

 

		16.	Interpretation; Governing Law.  This Agreement shall be construed as a whole and in accordance with its fair meaning and
any ambiguities shall not be construed for or against either party.  Headings are for convenience only and shall not be used in construing
meaning.  This Agreement shall be governed and interpreted in accordance with the laws of British Virgin Islands without regard to
the conflict of laws principles thereof.

 

		17.	Amendments.  No amendment, waiver, modification, termination or cancellation of this Agreement shall be effective unless
in writing signed by the party against whom enforcement is sought.  The indemnification rights afforded to the Indemnitee hereby
are contract rights and may not be diminished, eliminated or otherwise affected by amendments to the Company’s Articles,
or by other agreements, including directors’ and officers’ liability insurance policies, of the Company.

 

    	 	 	 

     

    

 

		18.	Counterparts.  This Agreement may be executed in one or more counterparts, all of which shall be considered one and the
same agreement and shall become effective when one or more counterparts have been signed by each party and delivered to the other.

 

		19.	Notices.  Any notice required to be given under this Agreement shall be directed to the Chief Financial Officer of
                                                           the Company at Building D3, No. 718, Lingshi Road, Jingan District, Shanghai, PRC, and to the Indemnitee at the same address or to such other address as either shall designate to the other in
                                                           writing.

 

[The remainder of this page is intentionally
left blank.]

 

    	 	 	 

     

    

 

IN WITNESS WHEREOF, the parties have executed this Indemnification
Agreement as of the date first written above.

 

	 	INDEMNITEE
	 	 
	 	 
	 	Name:
	 	 
	 	MULTIMETAVERSE HOLDINGS LIMITED
	 	 
	 	By:	                          
	 	Name:	 
	 	Title:Exhibit 10.30

   

  KINETA, INC.

   

  AMENDED AND RESTATED 2008 STOCK PLAN

   

  1.           Purposes of the Plan. The purposes of this Amended and Restated
      2008 Stock Plan are to attract and retain the best available personnel for positions of substantial responsibility, to provide additional incentive to Employees and Consultants and to promote the success of the Company’s business. Options granted
      under the Plan may be Incentive Stock Options or Nonstatutory Stock Options, as determined by the Administrator at the time of grant of an Option and subject to the applicable provisions of Section 422 of the Code and the regulations and
      interpretations promulgated thereunder. Stock Purchase Rights and RSU Awards may also be granted under the Plan.

   

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

   

  (a)          “Administrator” means the Board or its Committee appointed pursuant
      to Section 4 of the Plan.

   

  (b)          “Affiliate” means any entity that is directly or indirectly
      controlled by the Company or any entity in which the Company has a significant ownership interest as determined by the Administrator.

   

  (c)          “Applicable Laws” means the legal requirements relating to the
      administration of stock option and restricted stock purchase plans, including under applicable U.S. state corporate laws, U.S. federal and applicable state securities laws, other U.S. federal and state laws, the Code, any Stock Exchange rules or
      regulations and the applicable laws, rules and regulations of any other country or jurisdiction where Awards are granted under the Plan, as such laws, rules, regulations and requirements shall be in place from time to time.

   

  (d)          “Award” means an Option, Stock Purchase Right or RSU Award granted
      in accordance with the terms of the Plan.

   

  (e)          “Award Agreement” means a Restricted Stock Purchase Agreement,
      Restricted Stock Unit Award Agreement and/or Option Agreement.

   

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

   

  (g)          “Cause” for termination of a Participant’s Continuous Service Status
      will exist if the Participant is terminated by the Company for any of the following reasons: (i) Participant’s willful failure substantially to perform his or her duties and responsibilities to the Company or deliberate violation of a Company policy;
      (ii) Participant’s commission of any act of fraud, embezzlement, dishonesty or any other willful misconduct that has caused or is reasonably expected to result in material injury to the Company; (iii) unauthorized use or disclosure by Participant of
      any proprietary information or trade secrets of the Company or any other party to whom the Participant owes an obligation of nondisclosure as a result of his or her relationship with the Company; or (iv) Participant’s willful breach of any of his or
      her obligations under any written agreement or covenant with the Company. The determination as to whether a Participant is being terminated for Cause shall be made in good faith by the Company and shall be final and binding on the Participant. The
      foregoing definition does not in any way limit the Company’s ability to terminate a Participant’s employment or consulting relationship at any time as provided in Section 5(d) below, and the term “Company” will be interpreted to include any
      Subsidiary, Parent or Affiliate, as appropriate.

  
     

    
      
 

  

  
   

  (h)          “Change of Control” means (1) a sale of all or substantially all of
      the Company’s assets, or (2) any merger, consolidation or other business combination transaction of the Company with or into another corporation, entity or person, other than a transaction in which the holders of at least a majority of the shares of
      voting capital stock of the Company outstanding immediately prior to such transaction continue to hold (either by such shares remaining outstanding or by their being converted into shares of voting capital stock of the surviving entity) a majority of
      the total voting power represented by the shares of voting capital stock of the Company (or the surviving entity) outstanding immediately after such transaction, (3) the direct or indirect acquisition (including by way of a tender or exchange offer)
      by any person, or persons acting as a group, of beneficial ownership or a right to acquire beneficial ownership of shares representing a majority of the voting power of the then outstanding shares of capital stock of the Company or (4) a contested
      election of Directors, as a result of which or in connection with which the persons who were Directors before such election or their nominees (the “Incumbent Directors”) cease to constitute a majority of the Board; provided however that if the
      election or nomination for election by the Company’s stockholders, of any new Director was approved by a vote of at least 50% of the Incumbent Directors, such new Director shall be considered as an Incumbent Director.

   

  (i)           “Code” means the Internal Revenue Code of 1986, as amended.

   

  (j)           “Committee” means one or more committees or subcommittees of the
      Board appointed by the Board to administer the Plan in accordance with Section 4 below.

   

  (k)          “Common Stock” means the voting Common Stock of the Company.

   

  (l)           “Company” means Kineta, Inc., a Washington corporation.

   

  (m)         “Consultant” means any person, including an advisor, who is engaged
      by the Company or any Parent, Subsidiary or Affiliate to render services and is compensated for such services, and any director of the Company whether compensated for such services or not.

   

  (n)          “Continuous Service Status” means the absence of any interruption or
      termination of service as an Employee or Consultant. Continuous Service Status as an Employee or Consultant shall not be considered interrupted in the case of: (i) sick leave; (ii) military leave; (iii) any other leave of absence approved by the
      Administrator, provided that such leave is for a period of not more than ninety (90) days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise pursuant to Company policy adopted
      from time to time; or (iv) in the case of transfers between locations of the Company or between the Company, its Parents, Subsidiaries, Affiliates or their respective successors. A change in status from an Employee to a Consultant or from a
      Consultant to an Employee will not constitute an interruption of Continuous Service Status. However, for Incentive Stock Option purposes, termination of Continuous Service Status will occur when the Employee ceases to be an employee (as determined in
      accordance with Section 3401(c) of the Code and the regulations promulgated thereunder) of the Company or one of its Subsidiaries. The Administrator shall determine whether any corporate transaction, such as a sale or spin-off of a division or
      business unit, or a joint venture, shall be deemed to result in a termination of Continuous Service Status.

  
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  (o)          “Corporate Transaction” means a sale of all or substantially all of
      the Company’s assets, or a merger, consolidation or other capital reorganization or business combination transaction of the Company with or into another corporation, entity or person, the direct or indirect acquisition (including by way of a tender
      or exchange offer) by any person, or persons acting as a group, of beneficial ownership or a right to acquire beneficial ownership of shares representing a majority of the voting power of the then outstanding shares of capital stock of the Company.

   

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

   

  (q)          “Employee” means any person employed by the Company or any Parent or
      Subsidiary, with the status of employment determined based upon such factors as are deemed appropriate by the Administrator in its discretion, subject to any requirements of the Code or the Applicable Laws. The payment by the Company of a director’s
      fee to a Director shall not be sufficient to constitute “employment” of such Director by the Company.

   

  (r)           “Exchange Act” means the Securities Exchange Act of 1934, as
      amended.

   

  (s)          “Fair Market Value” means, as of any date, the value of a share of
      Common Stock or other property as determined by the Administrator, in its discretion, or by the Company, in its discretion, if such determination is expressly allocated to the Company herein, subject to the following:

   

  (i)            If, on such date, the Common Stock is listed on a national or regional
      securities exchange or market system, including without limitation the Nasdaq Global Market, the Fair Market Value of a share of Common Stock shall be the closing price on such date of a share of Common Stock as quoted on such exchange or market
      system constituting the primary market for the Common Stock, as reported in The Wall Street Journal or such other source as the Administrator deems reliable. If the relevant date does not fall on a day on which the Common Stock has traded on such
      securities exchange or market system, the date on which the Fair Market Value shall be established shall be the last day on which the Common Stock was so traded prior to the relevant date, or such other appropriate day as shall be determined by the
      Administrator, in its discretion.

   

  (ii)           If, on such date, the Common Stock is not listed on a national or regional
      securities exchange or market system, the Fair Market Value of a share of Common Stock shall be as determined by the Administrator in good faith using a reasonable application of a reasonable valuation method without regard to any restriction other
      than a restriction which, by its terms, will never lapse.

   

  (t)           “Incentive Stock Option” means an Option intended to qualify as an
      incentive stock option within the meaning of Section 422 of the Code, as designated in the applicable Option Agreement.

  
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  (u)          “Listed Security” means any security of the Company that is listed
      or approved for listing on a national securities exchange or designated or approved for designation as a national market system security on an interdealer quotation system by the National Association of Securities Dealers, Inc.

   

  (v)          “Named Executive” means any individual who is a covered employee
      pursuant to Section 162(m) of the Code.

   

  (w)         “Nonstatutory Stock Option” means an Option not intended to qualify
      as an Incentive Stock Option, as designated in the applicable Option Agreement.

   

  (x)           “Option” means a stock option granted pursuant to the Plan.

   

  (y)          “Option Agreement” means a written document, the form(s) of which
      shall be approved from time to time by the Administrator, reflecting the terms of an Option granted under the Plan and includes any documents attached to or incorporated into such Option Agreement, including, but not limited to, a notice of stock
      option grant and a form of exercise notice.

   

  (z)           “Option Exchange Program” means a program approved by the
      Administrator whereby outstanding Options are exchanged for Options with a lower exercise price or are amended to decrease the exercise price as a result of a decline in the Fair Market Value of the Common Stock.

   

  (aa)        “Optioned Stock” means the Common Stock subject to an Option.

   

  (bb)        “Optionee” means an Employee or Consultant who receives an Option.

   

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

   

  (dd)       “Participant” means any holder of one or more Option, Stock Purchase
      Right, RSU Award, or the Shares issuable or issued upon exercise of such Awards, under the Plan.

   

  (ee)        “Plan” means this 2008 Stock Plan.

   

  (ff)         “Reporting Person” means an officer, Director, or greater than ten
      percent stockholder of the Company within the meaning of Rule 16a-2 under the Exchange Act, who is required to file reports pursuant to Rule 16a-3 under the Exchange Act.

   

  (gg)       “Restricted Stock” means Shares of Common Stock issued pursuant to a
      grant of an Award that remain subject to vesting or forfeiture conditions, repurchase rights, or other restrictions on transfer.

   

  (hh)       “Restricted Stock Purchase Agreement” means a written document, the
      form(s) of which shall be approved from time to time by the Administrator, reflecting the terms of a Stock Purchase Right granted under the Plan and includes any documents attached to such document.

  
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  (ii)          “Restricted Stock Unit Award Agreement” means a written document,
      the form(s) of which shall be approved from time to time by the Administrator, reflecting the terms of a RSU Award granted under the Plan and includes any documents attached to such document.

   

  (jj)          “Rule 16b-3” means Rule 16b-3 promulgated under the Exchange Act,
      as amended from time to time, or any successor provision.

   

  (kk)        “Share” means a share of the Common Stock, as adjusted in accordance
      with Section 13 of the Plan.

   

  (ll)          “Stock Exchange” means any stock exchange or consolidated stock
      price reporting system on which prices for the Common Stock are quoted at any given time.

   

  (mm)      “Stock Purchase Right” means the right to purchase or otherwise acquire
      Common Stock pursuant to Section 10(a) below.

   

  (nn)        “RSU Award” means the right to receive an issuance of Shares of
      Common Stock granted pursuant to the terms and conditions under Section 10(b) below.

   

  (oo)       “Subsidiary” means a “subsidiary corporation,” whether now or
      hereafter existing, as defined in Section 424(f) of the Code, or any successor provision.

   

  (pp)       “Ten Percent Holder” means a person who owns stock representing more
      than ten percent (10%) of the voting power of all classes of stock of the Company or any Parent or Subsidiary.

   

  3.           Stock Subject to the Plan. Subject to the provisions of Section 13
      of the Plan, the maximum aggregate number of Shares that may be sold under the Plan is 4,300,000 Shares of Common Stock. The Shares may be authorized, but unissued, or reacquired Common Stock. If an award should expire or become unexercisable for any
      reason without having been exercised in full, or is surrendered pursuant to an Option Exchange Program, the unpurchased Shares that were subject thereto shall, unless the Plan shall have been terminated, become available for future grant under the
      Plan. In addition, any Shares of Common Stock which are retained by the Company upon exercise of an Award in order to satisfy the exercise or purchase price for such Award or any withholding taxes due with respect to such exercise or purchase shall
      be treated as not issued and shall continue to be available under the Plan. Shares issued under the Plan and later forfeited to the Company or repurchased by the Company pursuant to any repurchase right which the Company may have shall be available
      for future grant under the Plan.

   

  4.           Administration of the Plan.

   

  (a)          General. The Plan shall be administered by the Board or a Committee,
      or a combination thereof, as determined by the Board. The Plan may be administered by different administrative bodies with respect to different classes of Participants and, if permitted by the Applicable Laws, the Board may authorize one or more
      officers to grant Awards under the Plan.

  
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  (b)         Committee Composition. If a Committee has been appointed pursuant to
      this Section 4, such Committee shall continue to serve in its designated capacity until otherwise directed by the Board. From time to time the Board may increase the size of any Committee and appoint additional members thereof, remove members (with
      or without cause) and appoint new members in substitution therefor, fill vacancies (however caused) and remove all members of a Committee and thereafter directly administer the Plan, all to the extent permitted by the Applicable Laws and, in the case
      of a Committee administering the Plan in accordance with the requirements of Rule 16b-3 or Section 162(m) of the Code, to the extent permitted or required by such provisions. The Committee shall in all events conform to any requirements of the
      Applicable Laws.

   

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

   

  (i)            to determine the Fair Market Value of the Common Stock, in accordance with
      Section 2(s) of the Plan, provided that such determination shall be applied consistently with respect to Participants under the Plan;

   

  (ii)           to select the Employees and Consultants to whom Awards may from time to time
      be granted;

   

  (iii)          to determine whether and to what extent Awards are granted;

   

  (iv)         to determine the number of Shares of Common Stock to be covered by each Award
      granted;

   

  (v)          to approve the form(s) of Award Agreement(s) used under the Plan;

   

  (vi)         to determine the terms and conditions, not inconsistent with the terms of the
      Plan, of any Award granted hereunder, which terms and conditions include but are not limited to the exercise or purchase price, the time or times when Awards may be exercised (which may be based on performance criteria), any vesting acceleration or
      waiver of forfeiture restrictions, any pro rata adjustment to vesting as a result of a Participant’s transitioning from full- to part-time service (or vice versa), and any restriction or limitation regarding any Award, based in each case on such
      factors as the Administrator, in its sole discretion, shall determine;

   

  (vii)        to implement an Option Exchange Program on such terms and conditions as the
      Administrator in its discretion deems appropriate, provided that no amendment or adjustment to an Option that would materially and adversely affect the rights of any Optionee shall be made without the prior written consent of the Optionee;

  
    -6- 

    
      
 

  

   

  (viii)       to adjust the vesting of an Award held by an Employee or Consultant as a result
      of a change in the terms or conditions under which such person is providing services to the Company;

   

  (ix)          to construe and interpret the terms of the Plan and Awards granted under the
      Plan, which constructions, interpretations and decisions shall be final and binding on all Participants; and

   

  (x)           in order to fulfill the purposes of the Plan and without amending the Plan, to
      modify grants of Awards to Participants who are foreign nationals or employed outside of the United States in order to recognize differences in local law, tax policies or customs.

   

  5.           Eligibility.

   

  (a)          Recipients of Grants. Nonstatutory Stock Options, Stock Purchase
      Rights, and RSU Awards may be granted to Employees and Consultants. Incentive Stock Options may be granted only to Employees, provided that Employees of Affiliates shall not be eligible to receive Incentive Stock Options.

   

  (b)         Type of Option. Each Option shall be designated in the Option
      Agreement as either an Incentive Stock Option or a Nonstatutory Stock Option.

   

  (c)          ISO $100,000 Limitation. Notwithstanding any designation under
      Section 5(b), to the extent that the aggregate Fair Market Value of Shares with respect to which Options designated as Incentive Stock Options are exercisable for the first time by any Optionee during any calendar year (under all plans of the Company
      or any Parent or Subsidiary) exceeds $100,000, such excess Options shall be treated as Nonstatutory Stock Options. For purposes of this Section 5(c), Incentive Stock Options shall be taken into account in the order in which they were granted, and the
      Fair Market Value of the Shares subject to an Incentive Stock Option shall be determined as of the date of the grant of such Option.

   

  (d)         No Employment Rights. The Plan shall not confer upon any Participant
      any right with respect to continuation of an employment or consulting relationship with the Company, nor shall it interfere in any way with such Participant’s right or the Company’s right to terminate the employment or consulting relationship at any
      time for any reason.

   

  6.           Term of Plan. The Plan shall become effective upon its adoption by
      the Board of Directors (the “Effective Date”). It shall continue in effect for a term of ten (10) years from the later of the Effective Date or, with respect to any additional shares approved for the Plan, the date such amendment to add such
      shares to the Plan is approved by stockholders of the Company unless sooner terminated under Section 15 of the Plan.

   

  7.           Term of Option. The term of each Option shall be the term stated
      in the Option Agreement; provided that the term shall be no more than ten (10) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement and provided further that, in the case of an Incentive Stock Option
      granted to a person who at the time of such grant is a Ten Percent Holder, the term of the Option shall be five (5) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement.

  
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  8.           Option Exercise Price and Consideration.

   

  (a)          Exercise Price. The per Share exercise price for the Shares to be
      issued pursuant to exercise of an Option shall be set forth in the Option Agreement and be such price as is determined by the Administrator and set forth in the Option Agreement, but shall be subject to the following:

   

  (i)            In the case of an Incentive Stock Option

   

  (A)       granted to an Employee who at the time of grant is a Ten Percent Holder, the per
      Share exercise price shall be no less than 110% of the Fair Market Value per Share on the date of grant; or

   

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

   

  (ii)           In the case of a Nonstatutory Stock Option, the per Share exercise price shall
      be no less than 100% of the Fair Market Value per Share on the date of grant.

   

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

   

  (b)          Permissible Consideration. The consideration to be paid for the
      Shares to be issued upon exercise of an Option, including the method of payment, shall be determined by the Administrator (and, in the case of an Incentive Stock Option, shall be determined at the time of grant) and may consist entirely of (1) cash;
      (2) check; (3) subject to any requirements of the Applicable Laws, delivery of Optionee’s promissory note having such recourse, interest, security and redemption provisions as the Administrator determines to be appropriate; (4) cancellation of
      indebtedness; (5) other Shares that have a Fair Market Value on the date of surrender equal to the aggregate exercise price of the Shares as to which the Option is exercised, provided that in the case of Shares acquired, directly or indirectly, from
      the Company, such Shares must have been owned by the Optionee for more than six months on the date of surrender (or such other period as may be required to avoid the Company’s incurring an adverse accounting charge); (6) if, as of the date of
      exercise of an Option the Company then is permitting employees to engage in a “same-day sale” cashless brokered exercise program involving one or more brokers, through such a program that complies with the Applicable Laws (including without
      limitation the requirements of Regulation T and other applicable regulations promulgated by the Federal Reserve Board) and that ensures prompt delivery to the Company of the amount required to pay the exercise price and any applicable withholding
      taxes; (7) any combination of the foregoing methods of payment; or (8) such other consideration and method of payment as determined by the Administrator and to the extent permitted under Applicable Laws. In making its determination as to the type of
      consideration to accept, the Administrator shall consider if acceptance of such consideration may be reasonably expected to benefit the Company and the Administrator may, in its sole discretion, refuse to accept a particular form of consideration at
      the time of any Option exercise.

  
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  9.           Exercise of Option.

   

  (a)          General.

   

  (i)           Exercisability. Any Option granted hereunder shall be exercisable
      at such times and under such conditions as determined by the Administrator, consistent with the term of the Plan and reflected in the Option Agreement, including vesting requirements and/or performance criteria with respect to the Company and/or the
      Optionee.

   

  (ii)          Leave of Absence. The Administrator shall have the discretion to
      determine whether and to what extent the vesting of Options shall be tolled during any unpaid leave of absence; provided, however, that in the absence of such determination, vesting of Options shall be tolled during any such unpaid leave (unless
      otherwise required by the Applicable Laws). In the event of military leave, vesting shall toll during any unpaid portion of such leave, provided that, upon a Participant’s returning from military leave (under conditions that would entitle him or her
      to protection upon such return under the Uniform Services Employment and Reemployment Rights Act), he or she shall be given vesting credit with respect to Options to the same extent as would have applied had the Participant continued to provide
      services to the Company throughout the leave on the same terms as he or she was providing services immediately prior to such leave.

   

  (iii)         Minimum Exercise Requirements. An Option may not be exercised for
      a fraction of a Share. The Administrator may require that an Option be exercised as to a minimum number of Shares, provided that such requirement shall not prevent an Optionee from exercising the full number of Shares as to which the Option is then
      exercisable.

   

  (iv)         Procedures for and Results of Exercise. An Option shall be deemed
      exercised when written notice of such exercise has been given to the Company in accordance with the terms of the Option by the person entitled to exercise the Option and the Company has received full payment for the Shares with respect to which the
      Option is exercised. Full payment may, as authorized by the Administrator, consist of any consideration and method of payment allowable under Section 8(b) of the Plan, provided that the Administrator may, in its sole discretion, refuse to accept any
      form of consideration other than cash or cash equivalents at the time of any Option exercise.

   

  Exercise of an Option in any manner shall result in a decrease in the
      number of Shares that thereafter may be available, both for purposes of the Plan and for sale under the Option, by the number of Shares as to which the Option is exercised.

   

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

  
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  (b)          Termination of Employment or Consulting Relationship. Except as
      otherwise set forth in this Section 9(b), the Administrator shall establish and set forth in the applicable Option Agreement the terms and conditions upon which an Option shall remain exercisable, if at all, following termination of an Optionee’s
      Continuous Service Status, which provisions may be waived or modified by the Administrator at any time. Unless the Administrator otherwise provides in the Option Agreement, to the extent that the Optionee is not vested in Optioned Stock at the date
      of termination of his or her Continuous Service Status, or if the Optionee (or other person entitled to exercise the Option) does not exercise the Option to the extent so entitled within the time specified in the Option Agreement or below (as
      applicable), the Option shall terminate and the Optioned Stock underlying the unexercised portion of the Option shall revert to the Plan. In no event may any Option be exercised after the expiration of the Option term as set forth in the Option
      Agreement (and subject to Section 7).

   

  The following provisions (1) shall apply to the extent an Option Agreement
      does not specify the terms and conditions upon which an Option shall terminate upon termination of an Optionee’s Continuous Service Status, and (2) establish the minimum post-termination exercise periods that may be set forth in an Option Agreement:

   

  (i)           Termination other than Upon Disability or Death or for Cause. In
      the event of termination of Optionee’s Continuous Service Status other than under the circumstances set forth in subsections (ii) through (iv) below, such Optionee may exercise an Option until the earlier of (A) three (3) months following such
      termination or (B) the expiration of the term of such Option, to the extent the Optionee was vested in the Optioned Stock as of the date of such termination; provided, however, that the Administrator may in the Option Agreement specify an alternative
      period of time (but not beyond the expiration date of the Option) following termination of Optionee’s Continuous Service Status during which Optionee may exercise the Option as to Shares that were vested and exercisable as of the date of termination
      of Optionee’s Continuous Service Status. No termination shall be deemed to occur and this Section 10(b)(i) shall not apply if (i) the Optionee is a Consultant who becomes an Employee, or (ii) the Optionee is an Employee who becomes a Consultant.

   

  (ii)          Disability of Optionee. In the event of termination of an
      Optionee’s Continuous Service Status as a result of his or her disability (including a disability within the meaning of Section 22(e)(3) of the Code), such Optionee may exercise an Option at any time within twelve months following such termination to
      the extent the Optionee was vested in the Optioned Stock as of the date of such termination.

   

  (iii)         Death of Optionee. In the event of the death of an Optionee
      during the period of Continuous Service Status since the date of grant of the Option, or within thirty days following termination of Optionee’s Continuous Service Status, the Option may be exercised by Optionee’s estate or by a person who acquired
      the right to exercise the Option by bequest or inheritance at any time within twelve months following the date of death, but only to the extent the Optionee was vested in the Optioned Stock as of the date of death or, if earlier, the date the
      Optionee’s Continuous Service Status terminated.

   

  (iv)         Termination for Cause. In the event of termination of an
      Optionee’s Continuous Service Status for Cause, any Option (including any exercisable portion thereof) held by such Optionee shall immediately terminate in its entirety upon first notification to the Optionee of termination of the Optionee’s
      Continuous Service Status. If an Optionee’s employment or consulting relationship with the Company is suspended pending an investigation of whether the Optionee shall be terminated for Cause, all the Optionee’s rights under any Option likewise shall
      be suspended during the investigation period and the Optionee shall have no right to exercise any Option. The Administrator shall have authority to effect such procedures and take such actions as are necessary to carry out the legal intent of this
      Section 9(b)(iv), including such procedures and actions as are required to cause the Optionee to return to the Company Shares purchased under the Option that have been purchased or that vested within six months of the events giving rise to the
      for-Cause termination of the Optionee’s Continuous Service Status and, if such Shares have been transferred by the Optionee, to remit to the Company the value of such transferred Shares.

  
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  10.         Stock Purchase Rights and RSU Awards.

   

  (a)          Stock Purchase Rights. When the Administrator determines that it
      will offer Stock Purchase Rights under the Plan, it shall advise the offeree in writing of the terms, conditions and restrictions related to the offer, including the number of Shares that such person shall be entitled to purchase or otherwise
      acquire, the price to be paid, if any, (including the method of payment) and the time within which such person must accept such offer. The purchase price of Shares subject to Stock Purchase Rights, if any, shall be as determined by the Administrator.
      The consideration for grant of a Stock Purchase Right shall be as determined by the Administrator consistent with Section 8(b). The grant of a Stock Purchase Right shall be accepted by execution of a Restricted Stock Purchase Agreement in the form
      determined by the Administrator or in such other manner as determined by the Administrator as specified in the Restricted Stock Purchase Agreement. Unless otherwise determined by the Administrator at the time of grant, each Stock Purchase Right shall
      be subject to the following terms and conditions:

   

  (i)            Repurchase Option.

   

  (A)       General. Unless the Administrator determines otherwise, the Restricted
      Stock Purchase Agreement shall grant the Company a repurchase option exercisable upon the voluntary or involuntary termination of the purchaser’s employment with the Company for any reason (including death or disability). Subject to any requirements
      of the Applicable Laws, the terms of the Company’s repurchase option (including without limitation the price at which, and the consideration for which, it may be exercised, and the events upon which it shall lapse) shall be as determined by the
      Administrator in its sole discretion and reflected in the Restricted Stock Purchase Agreement.

   

  (B)       Leave of Absence. The Administrator shall have the discretion to
      determine whether and to what extent the lapsing of Company repurchase rights shall be tolled during any unpaid leave of absence; provided, however, that in the absence of such determination, such lapsing shall be tolled during any such unpaid leave
      (unless otherwise required by the Applicable Laws). In the event of military leave, the lapsing of Company repurchase rights shall toll during any unpaid portion of such leave, provided that, upon a Participant’s returning from military leave (under
      conditions that would entitle him or her to protection upon such return under the Uniform Services Employment and Reemployment Rights Act), he or she shall be given “vesting” credit with respect to Shares purchased pursuant to the Restricted Stock
      Purchase Agreement to the same extent as would have applied had the Participant continued to provide services to the Company throughout the leave on the same terms as he or she was providing services immediately prior to such leave.

  
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  (ii)           Other Provisions. The Restricted Stock Purchase Agreement shall
      contain such other terms, provisions and conditions not inconsistent with the Plan as may be determined by the Administrator in its sole discretion. In addition, the provisions of Restricted Stock Purchase Agreements need not be the same with respect
      to each Participant.

   

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

   

  (b)          RSU Awards. When the Administrator determines that it will offer RSU
      Awards under the Plan, it shall advise the Participant in writing of the terms, conditions and restrictions related to the Award, including the number of Shares that such person shall be issued in respect of the RSU Award. The consideration for the
      RSU Award shall be as determined by the Administrator consistent with Section 8(b). The RSU Award shall be accepted by execution of a Restricted Stock Unit Award Agreement in the form determined by the Administrator or in such other manner as
      determined by the Administrator as specified in the Restricted Stock Unit Award Agreement. Unless otherwise determined by the Administrator at the time of grant, each RSU Award shall be subject to the following terms and conditions:

   

  (i)           Vesting. At the time of the grant of a RSU Award, the
      Administrator may impose such restrictions or conditions to the vesting of the RSU Award as it, in its sole discretion, deems appropriate.

   

  (ii)          Settlement. An RSU Award may be settled by the delivery of
      Shares, their cash equivalent, any combination thereof or in any other form of consideration, as determined by the Board and contained in the Restricted Stock Unit Award Agreement.

   

  (iii)         Additional Restrictions. At the time of the grant of a RSU Award,
      the Administrator, as it deems appropriate, may impose such restrictions or conditions that delay the delivery of the Shares (or their cash equivalent) to be issued in respect of a RSU Award to a time after the vesting of such RSU Award.

   

  (iv)         Dividend Equivalents. Dividend equivalents may be credited in
      respect of Shares to be issued in respect of a RSU Award, as determined by the Administrator and contained in the Restricted Stock Unit Award Agreement. At the sole discretion of the Administrator, such dividend equivalents may be converted into
      additional Shares to be issued in respect of the RSU Award in such manner as determined by the Administrator. Any additional shares to be issued in respect of a RSU Award credited by reason of such dividend equivalents will be subject to all the
      terms and conditions of the underlying Restricted Stock Unit Award Agreement to which they relate.

  
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  (v)          Termination of Participant’s Continuous Service Status. Except as
      otherwise provided in the applicable Restricted Stock Unit Award Agreement, such portion of the RSU Award that has not vested will be forfeited upon the Participant’s termination of Continuous Service Status. If the Participant’s Continuous Service
      Status is terminated for Cause, the RSU Award will be automatically forfeited, and no shares will be issued in respect of the RSU Award, regardless of whether previously vested.

   

  (vi)         Compliance with Section 409A of the Code. Notwithstanding anything
      to the contrary set forth herein, any RSU Award granted under the Plan that is not exempt from the requirements of Section 409A of the Code shall contain such provisions so that such RSU Award will comply with the requirements of Section 409A of the
      Code. Such restrictions, if any, shall be determined by the Administrator and contained in the Restricted Stock Unit Award Agreement evidencing such RSU Award.

   

  (vii)        Other Provisions. The Restricted Stock Unit Agreement shall
      contain such other terms, provisions and conditions not inconsistent with the Plan as may be determined by the Administrator in its sole discretion. In addition, the provisions of Restricted Stock Unit Agreements need not be the same with respect to
      each Participant.

   

  (viii)       Rights as a Stockholder. Prior to the issuances of Shares in
      respect of a RSU Award, the Participant holding such RSU Award shall not have any voting rights or other rights of a stockholder with respect to the Shares that may be issued in respect of the RSU Award. Once the Shares are issued in respect of a RSU
      Award, the Participant shall have the rights equivalent to those of a stockholder, and shall be a stockholder when such issuance of Shares is entered upon the records of the duly authorized transfer agent of the Company.

   

  11.         Taxes.

   

  (a)          Tax Withholding Obligation.

   

  (i)           As a condition of the grant, vesting, exercise or issuance of Shares in respect
      of an Award granted under the Plan, the Participant (or in the case of the Participant’s death, the Participant’s beneficiary) shall make such arrangements as the Administrator may require for the satisfaction of any applicable federal, state, local
      or foreign withholding tax obligations that may arise in connection with such grant, vesting, exercise or issuance of Shares in respect of such Award. The Company shall not be required to issue any Shares under the Plan until such obligations are
      satisfied. If the Administrator allows the withholding or surrender of Shares to satisfy a Participant’s tax withholding obligations under this Section 11, the Administrator shall not allow Shares to be withheld in an amount that exceeds the minimum
      statutory withholding rates for federal and state tax purposes, including payroll taxes.

   

  (ii)           In the case of an Employee and in the absence of any other arrangement, the
      Employee shall be deemed to have directed the Company to withhold or collect from his or her compensation an amount sufficient to satisfy such tax obligations from the next payroll payment otherwise payable after the date the tax withholding
      obligation is triggered.

  
    -13- 

    
      
 

  

   

  (iii)         This Section 11(a) shall apply only after the date, if any, upon which the
      Common Stock becomes a Listed Security. In the case of Participant other than an Employee (or in the case of an Employee where the next payroll payment is not sufficient to satisfy such tax obligations, with respect to any remaining tax obligations),
      in the absence of any other arrangement and to the extent permitted under the Applicable Laws, the Participant shall be deemed to have elected to have the Company withhold from the Shares to be issued in respect of the Award that number of Shares
      having a Fair Market Value determined as of the applicable Tax Date (as defined below) equal to the amount required to be withheld. For purposes of this Section 11, the Fair Market Value of the Shares to be withheld shall be determined on the date
      that the amount of tax to be withheld is to be determined under the Applicable Laws (the “Tax Date”).

   

  (iv)         If permitted by the Administrator, in its discretion, a Participant may satisfy
      his or her tax withholding obligations by surrendering to the Company Shares that have a Fair Market Value determined as of the applicable Tax Date equal to the amount required to be withheld. In the case of shares previously acquired from the
      Company that are surrendered under this Section 11(a)(iv), such Shares must have been owned by the Participant for more than six (6) months on the date of surrender (or such other period of time as is required for the Company to avoid adverse
      accounting charges).

   

  (v)         Any election or deemed election by a Participant to have Shares withheld to
      satisfy tax withholding obligations under Section 11(a)(iii) or (iv) above shall be irrevocable as to the particular Shares as to which the election is made and shall be subject to the consent or disapproval of the Administrator. Any election by a
      Participant under Section 11(a)(iv) above must be made on or prior to the applicable Tax Date.

   

  (vi)       In the event an election to have Shares withheld is made by a Participant and the
      Tax Date is deferred under Section 83 of the Code because no election is filed under Section 83(b) of the Code, the Participant shall receive the full number of Shares with respect to which an Option or Stock Purchase Right is exercised but such
      Participant shall be unconditionally obligated to tender back to the Company the proper number of Shares on the Tax Date.

   

  (b)          Compliance with Section 409A. Notwithstanding anything to the
      contrary contained in this Plan, to the extent that the Administrator determines that any Award granted under the Plan is subject to Code Section 409A and unless otherwise specified in the applicable Award Agreement, the Award Agreement evidencing
      such Award shall incorporate the terms and conditions necessary for such Award to avoid the consequences described in Code Section 409A(a)(1), and to the maximum extent permitted under Applicable Law (and unless otherwise stated in the applicable
      Award Agreement), the Plan and the Award Agreements shall be interpreted in a manner that results in their conforming to the requirements of Code Section 409A(a)(2), (3) and (4) and any Department of Treasury or Internal Revenue Service regulations
      or other interpretive guidance issued under Section 409A (whenever issued, the “Guidance”). Notwithstanding anything to the contrary in this Plan (and unless the Award Agreement provides otherwise, with specific reference to this sentence), to
      the extent that a Participant holding an Award that constitutes “deferred compensation” under Section 409A and the Guidance is a “specified employee” (also as defined thereunder), no distribution or payment of any amount shall be made before a date
      that is six (6) months following the date of such Participant’s “separation from service” (as defined in Section 409A and the Guidance) or, if earlier, the date of the Participant’s death.

  
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  (c)          Deferral of Award Benefits. The Administrator may in its discretion
      and upon such terms and conditions as it determines appropriate permit one or more Participants whom it selects to (a) defer compensation payable pursuant to the terms of an Award, or (b) defer compensation arising outside the terms of this Plan
      pursuant to a program that provides for deferred payment in satisfaction of such other compensation amounts through the issuance of one or more Awards. Any such deferral arrangement shall be evidenced by an Award Agreement in such form as the
      Administrator shall from time to time establish, and no such deferral arrangement shall be a valid and binding obligation unless evidenced by a fully executed Award Agreement, the form of which the Administrator has approved, including through the
      Administrator’s establishing a written program (the “Program”) under this Plan to govern the form of Award Agreements participating in such Program. Any such Award Agreement or Program shall specify the treatment of dividends or dividend
      equivalent rights (if any) that apply to Awards governed thereby, and shall further provide that any elections governing payment of amounts pursuant to such Program shall be in writing, shall be delivered to the Company or its agent in a form and
      manner that complies with Code Section 409A and the Guidance, and shall specify the amount to be distributed in settlement of the deferral arrangement, as well as the time and form of such distribution in a manner that complies with Code Section 409A
      and the Guidance.

   

  12.         Non-Transferability of Options and Stock Purchase Rights.

   

  (a)          General. Except as set forth in this Section 12, an Award not be
      sold, pledged, assigned, hypothecated, transferred or disposed of in any manner other than by will or by the laws of descent or distribution. The designation of a beneficiary by a Participant will not constitute a transfer. An Option or Stock
      Purchase Right may be exercised, during the lifetime of the holder of an Option or Stock Purchase Right, only by such holder or a transferee permitted by this Section 12.

   

  (b)          Limited Transferability Rights. Notwithstanding anything else in
      this Section 12, the Administrator may in its discretion grant Nonstatutory Stock Options, Stock Purchase Rights and RSU Awards that may be transferred by instrument to an inter vivos or testamentary trust in which such Awards are to be passed to
      beneficiaries upon the death of the trustor (settlor) or by gift or pursuant to domestic relations orders to “Immediate Family Members” (as defined below) of the Participant. “Immediate Family” means any child, stepchild, grandchild, parent,
      stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law (including adoptive relationships), a trust in which these persons have more than
      fifty percent of the beneficial interest, a foundation in which these persons (or the Participant) control the management of assets, and any other entity in which these persons (or the Participant) own more than fifty percent of the voting interests.

  
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  13.         Adjustments Upon Changes in Capitalization, Merger or Certain Other
          Transactions.

   

  (a)          Changes in Capitalization. Subject to any action required under
      Applicable Laws by the stockholders of the Company, the number of Shares of Common Stock covered by each outstanding Award, and the number of Shares of Common Stock that have been authorized for issuance under the Plan but as to which no Awards have
      yet been granted or that have been returned to the Plan upon cancellation or expiration of an Award, as well as the price per Share of Common Stock covered by each such outstanding Award, shall be proportionately adjusted for any increase or decrease
      in the number of issued Shares of Common Stock resulting from a stock split, reverse stock split, stock dividend, combination, recapitalization or reclassification of the Common Stock, or any other increase or decrease in the number of issued Shares
      of Common Stock effected without receipt of consideration by the Company; provided, however, that conversion of any convertible securities of the Company shall not be deemed to have been “effected without receipt of consideration.” Such adjustment
      shall be made by the Administrator, whose determination in that respect shall be final, binding and conclusive. Except as expressly provided herein, no issuance by the Company of shares of stock of any class, or securities convertible into shares of
      stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number or price of Shares of Common Stock subject to an Award.

   

  (b)          Dissolution or Liquidation. In the event of the dissolution or
      liquidation of the Company, each Award will terminate immediately prior to the consummation of such action, unless otherwise determined by the Administrator.

   

  (c)          Corporate Transaction. In the event of a Corporate Transaction
      (including without limitation a Change of Control), the Board or Committee may, in its discretion, (1) provide for the assumption or substitution of, or adjustment to, each outstanding Award by the successor corporation or a parent or subsidiary of
      the successor corporation (the “Successor Corporation”); (2) accelerate the vesting and termination of outstanding Awards, in whole or in part, so that Options and Stock Purchase Rights can be exercised, and shares issued in respect of RSU
      Awards, before or otherwise in connection with the closing or completion of the transaction or event but then terminate; and/or (3) provide for termination of Awards as a result of the Corporate Transaction on such terms and conditions as it deems
      appropriate, including providing for the cancellation of Awards for a cash payment to the Participant. The Board or Committee need not provide for identical treatment of each outstanding Award.

   

  Notwithstanding the foregoing, in the event of a Change of Control and
      irrespective of whether outstanding awards are being assumed, substituted or terminated in connection with the transaction, (i) the vesting and exercisability of each outstanding Option shall accelerate on a pro rata basis such that the vesting of
      twenty-five percent (25%) of Shares subject to each vesting installment of each outstanding Option will be accelerated and become immediately exercisable, (ii) any repurchase right of the Company with respect to Restricted Shares previously issued
      upon exercise of an Option shall lapse on a pro rata basis as to twenty-five percent (25%) of the Shares subject to each vesting installment and subject to such repurchase right prior to consummation of the Change of Control, (iii) the vesting of
      each outstanding Stock Purchase Right and RSU Award shall accelerate on a pro rata basis such that the vesting of twenty-five percent (25%) of Shares subject to each vesting installment of such Award will be accelerated, and the shares will become
      immediately issuable, if applicable. In each case the twenty-five percent (25%) acceleration of the Shares shall be effective as of immediately prior to consummation of the transaction.

  
    -16- 

    
      
 

  

   

  For purposes of this Section 13(c), an Award shall be considered assumed,
      without limitation, if, at the time of issuance of the stock or other consideration upon a Corporate Transaction or a Change of Control, as the case may be, each holder of an Award would be entitled to receive upon exercise or settlement of the award
      the same number and kind of shares of stock or the same amount of property, cash or securities as such holder would have been entitled to receive upon the occurrence of the transaction if the holder had been, immediately prior to such transaction,
      the holder of the number of Shares of Common Stock covered by the award at such time (after giving effect to any adjustments in the number of Shares covered by the Award as provided for in this Section 13); provided that if such consideration
      received in the transaction is not solely common stock of the Successor Corporation, the Administrator may, with the consent of the Successor Corporation, provide for the consideration to be received upon exercise of the award to be solely common
      stock of the Successor Corporation equal to the Fair Market Value of the per Share consideration received by holders of Common Stock in the transaction.

   

  14.         Time of Granting Options, Stock Purchase Rights and RSU Awards. The
      date of grant of an Award shall, for all purposes, be the date on which the Administrator makes the determination granting such Award, or such other date as is determined by the Administrator, provided that in the case of any Incentive Stock Option,
      the grant date shall be the later of the date on which the Administrator makes the determination granting such Incentive Stock Option or the date of commencement of the Optionee’s employment relationship with the Company. Notice of the determination
      shall be given to each Employee or Consultant to whom an Award is so granted within a reasonable time after the date of such grant.

   

  15.         Amendment and Termination of the Plan.

   

  (a)          Authority to Amend or Terminate. The Board may at any time amend,
      alter, suspend or discontinue the Plan, but no amendment, alteration, suspension or discontinuation (other than an adjustment pursuant to Section 13 above) shall be made that would materially and adversely affect the rights of any Participant under
      any outstanding Award, without his or her consent. In addition, to the extent necessary and desirable to comply with the Applicable Laws, the Company shall obtain stockholder approval of any Plan amendment in such a manner and to such a degree as
      required.

   

  (b)          Effect of Amendment or Termination. Except as to amendments which
      the Administrator has the authority under the Plan to make unilaterally, no amendment or termination of the Plan shall materially and adversely affect Awards already granted, unless mutually agreed otherwise between the Participant and the Company,
      which agreement must be in writing and signed by the Participant and the Company.

   

  16.         Conditions Upon Issuance of Shares. Notwithstanding any other
      provision of the Plan or any agreement entered into by the Company pursuant to the Plan, the Company shall not be obligated to issue or deliver any Shares under the Plan unless such issuance or delivery would comply with the Applicable Laws, with
      such compliance determined by the Company in consultation with its legal counsel. As a condition to the issuance of Shares, the Company may require the person acquiring such Shares to represent and warrant that the Shares are being acquired only for
      investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation is required by law. Shares issued upon exercise of Awards granted prior to the date on which the
      Common Stock becomes a Listed Security shall be subject to a right of first refusal in favor of the Company pursuant to which the Participant will be required to offer Shares to the Company before selling or transferring them to any third party on
      such terms and subject to such conditions as are reflected in the applicable Award Agreement. In addition, awards issued prior to the date on which the Common Stock becomes a Listed Security shall require the Participant to agree to a lock-up
      agreement in connection with public offerings of the Company’s stock that applies to all capital stock and rights to purchase capital stock of the Company held by the Participant on such terms and subject to such conditions as are reflected in the
      applicable Award Agreement.

  
    -17- 

    
      
 

  

   

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

   

  18.         Award Agreements. Awards shall be evidenced by Award Agreements in
      such form(s) as the Administrator shall from time to time approve.

   

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

   

  20.         Notice. Any written notice to the Company required by any
      provisions of this Plan shall be addressed to the Secretary of the Company and shall be effective when received.

   

  21.         Governing Law; Interpretation of Plan and Awards.

   

  (a)         This Plan and all determinations made and actions taken pursuant hereto shall be
      governed by the substantive laws, but not the choice of law rules, of the state of Washington.

   

  (b)         In the event that any provision of the Plan or any Award granted under the Plan is
      declared to be illegal, invalid or otherwise unenforceable by a court of competent jurisdiction, such provision shall be reformed, if possible, to the extent necessary to render it legal, valid and enforceable, or otherwise deleted, and the remainder
      of the terms of the Plan and/or Award shall not be affected except to the extent necessary to reform or delete such illegal, invalid or unenforceable provision.

   

  (c)         The headings preceding the text of the sections hereof are inserted solely for
      convenience of reference, and shall not constitute a part of the Plan, nor shall they affect its meaning, construction or effect.

  
    -18- 

    
      
 

  

   

  (d)         The terms of the Plan and any Award shall inure to the benefit of and be binding
      upon the parties hereto and their respective permitted heirs, beneficiaries, successors and assigns.

   

  (e)         All questions arising under the Plan or under any Award shall be decided by the
      Administrator in its total and absolute discretion. In the event the Participant believes that a decision by the Administrator with respect to such person was arbitrary or capricious, the Participant may request arbitration with respect to such
      decision. The review by the arbitrator shall be limited to determining whether the Administrator’s decision was arbitrary or capricious. This arbitration shall be the sole and exclusive review permitted of the Administrator’s decision, and the
      Participant shall as a condition to the receipt of an Award be deemed to explicitly waive any right to judicial review.

   

  (f)          Reserved.

   

  22.         Limitation on Liability. The Company and any Affiliate which is in
      existence or hereafter comes into existence shall not be liable to a Participant, an Employee or any other persons as to:

   

  (a)          The Non-Issuance of Shares. The non-issuance or sale of Shares
      (including under Section 16 above) as to which the Company has been unable to obtain from any regulatory body having jurisdiction the authority deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any shares hereunder.

   

  (b)         Tax Consequences. Any tax consequence realized by any Participant,
      Employee or other person due to the receipt, vesting, exercise or settlement of any Option or other Award granted hereunder or due to the transfer of any Shares issued hereunder. The Participant is responsible for, and by accepting an Award under the
      Plan agrees to bear, all taxes of any nature that are legally imposed upon the Participant in connection with an Award, and the Company does not assume, and will not be liable to any party for, any cost or liability arising in connection with such
      tax liability legally imposed on the Participant. In particular, Awards issued under the Plan may be characterized by the Internal Revenue Service (the “IRS”) as “deferred compensation” under the Code resulting in additional taxes, including
      in some cases interest and penalties. In the event the IRS determines that an Award constitutes deferred compensation under the Code or challenges any good faith characterization made by the Company or any other party of the tax treatment applicable
      to an Award, the Participant will be responsible for the additional taxes, and interest and penalties, if any, that are determined to apply if such challenge succeeds, and the Company will not reimburse the Participant for the amount of any
      additional taxes, penalties or interest that result.

   

  (c)         Forfeiture. The requirement that Participant forfeit an Award, or the
      benefits received or to be received under an Award, pursuant to any Applicable Law.

  
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  KINETA, INC.

   

  AMENDED AND RESTATED 2008 STOCK PLAN

   

  NOTICE OF STOCK OPTION GRANT

   

  «Optionee» 

  «OptioneeAddress1»

   

  You have been granted an option to purchase Common Stock of Kineta, Inc. (the “Company”)
      as follows:

   

  	Board Approval Date:	«Board_Approval_Date»

   

  	Date of Grant (Later of Board

          Approval Date or Commencement

          of Employment/Consulting):	«GrantDate»

   

  	Exercise Price per Share:	«ExercisePrice»

   

  	Total Number of Shares Granted:	«NoOfShares»

   

  	Total Exercise Price:	«TotalPrice»

   

  	Type of Option:	«TypeOfShare»

   

  	Expiration Date:	«ExpirDate»

   

  	Vesting Commencement Date:	«VestingCommenceDate»

   

  	Vesting/Exercise Schedule:	So long as you are in Continuous Service Status with the Company (as defined in the Kineta, Inc. Amended and Restated 2008 Stock Plan), the Shares
            underlying this Option shall vest and become exercisable in accordance with the following schedule: «VestingSchedule»

   

  	Termination Period:	This Option may be exercised for 90 days after termination of Optionee’s employment or consulting relationship except as set out in Section 5 of the
            Stock Option Agreement (but in no event later than the Expiration Date). Optionee is responsible for keeping track of these exercise periods following termination for any reason of his or her service relationship with the Company. The Company
            will not provide further notice of such periods.

   

  	Transferability:	This Option may not be transferred.

  

  
    -1- 

    
      
 

  

  

  By your signature and the signature of the Company’s representative below, you and the Company agree that this
      option is granted under and governed by the terms and conditions of the Kineta, Inc. Amended and Restated 2008 Stock Plan and the Stock Option Agreement, both of which are attached and made a part of this document. You further acknowledge that as of
      the Date of Grant, this Notice, the Stock Option Agreement and the Amended and Restated 2008 Stock Plan set forth the entire understanding between you and the Company regarding the Option and supersedes all prior oral and written agreements on that
      subject. You accept this Award in full settlement of any promise or obligation by the Company to grant you stock options or other equity awards to acquire shares of the Company’s stock (“Potential Awards”), including without limitation
      Potential Awards set forth in your employment offer letter. The Option is granted to you in lieu of, and not additional to, the Potential Awards. By executing this Notice, you hereby agree that you (1) have no further right or interest in the
      Potential Awards, and (2) will not receive any other consideration for relinquishing any rights that you may have to the Potential Awards.

   

  In addition, you agree and acknowledge that your rights to any Shares underlying the Option
      will be earned only as you provide services to the Company over time, that the grant of the Option is not as consideration for services you rendered to the Company prior to your Vesting Commencement Date, and that nothing in this Notice or the
      attached documents confers upon you any right to continue your employment or consulting relationship with the Company for any period of time, nor does it interfere in any way with your right or the Company’s right to terminate that relationship at
      any time, for any reason, with or without Cause.

   

  The per share “Exercise Price” is intended to be at least equal to the fair market value of
      the Company’s Common Stock at the date of grant. The Company has attempted in good faith to make the fair market value determination in compliance with applicable tax law although there can be no certainty that the IRS will agree. If the IRS does not
      agree and asserts the fair market value at the time of grant is higher than the Exercise Price, the IRS could seek to impose greater taxes on you, including interest and penalties under Internal Revenue Code Section 409A. While the Company thinks
      this is an unlikely event, the Company cannot provide absolute assurance and you may want to consult your own tax adviser with any questions.

   

  		 	Kineta, Inc.
	 	 	 	 
	 	 	By:	    

  

  	«Optionee»	 	Name:	 
	 	 	Title:	 

   

  

  
  
     

  

  
  

  IRS Circular 230 Disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that
      any tax advice contained in this communication (including any attachments) (i) was not intended or written to be used, and cannot be used, for the purpose of avoiding any tax penalty and (ii) was not written to promote, market or recommend the
      transaction or matter addressed in the communication. Each taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor. 

  
    -2- 

    
      
 

  

  
   

  KINETA, INC.

   

  Amended and Restated 2008 Stock Plan

   

  STOCK OPTION AGREEMENT

   

  1.            Grant of Option. Kineta, Inc., a Washington corporation (the “Company”),
      hereby grants to «Optionee» (“Optionee”), an option (the “Option”) to purchase the total number of shares of Common Stock (the “Shares”) set forth in the Notice of Stock Option Grant (the “Notice”), at the exercise price
      per Share set forth in the Notice (the “Exercise Price”) subject to the terms, definitions and provisions of the Kineta, Inc. Amended and Restated 2008 Stock Plan (the “Plan”) adopted by the Company, which is incorporated in this
      Agreement by reference. Unless otherwise defined in this Agreement, the terms used in this Agreement shall have the meanings defined in the Plan.

   

  2.            Designation of Option. This Option is intended to be an
      Incentive Stock Option as defined in Section 422 of the Code only to the extent so designated in the Notice, and to the extent it is not so designated or to the extent the Option does not qualify as an Incentive Stock Option under Applicable Law,
      then it is intended to be and will be treated as a Nonstatutory Stock Option.

   

  Notwithstanding the above, if designated as an Incentive Stock Option, in the event that the
      Shares subject to this Option (and all other Incentive Stock Options granted to Optionee by the Company or any Parent or Subsidiary, including under other plans of the Company) that first become exercisable in any calendar year have an aggregate fair
      market value (determined for each Share as of the date of grant of the option covering such Share) in excess of $100,000, the Shares in excess of $100,000 shall be treated as subject to a Nonstatutory Stock Option, in accordance with Section 5(c) of
      the Plan.

   

  3.            Exercise of Option. This Option shall be exercisable during its
      term in accordance with the Vesting/Exercise Schedule set out in the Notice and with the provisions of Section 9 of the Plan as follows:

   

  (a)          Right to Exercise.

   

  (i)           This Option may not be exercised for a fraction of a share.

   

  (ii)          In the event of Optionee’s death, disability or other termination of
      employment, the exercisability of the Option is governed by Section 5 below, subject to the limitations contained in this Section 3.

   

  (iii)         In no event may this Option be exercised after the Expiration Date of the
      Option as set forth in the Notice. 

  

  
    -1- 

    
      
 

  

  (b)          Method of Exercise.

   

  (i)           This Option shall be exercisable by execution and delivery of the Exercise
      Notice and Restricted Stock Purchase Agreement attached hereto as Exhibit A (the “Exercise Agreement”) or of any other form of written notice approved for such purpose by the Company which shall state Optionee’s election to exercise
      the Option, the number of Shares in respect of which the Option is being exercised, and such other representations and agreements as to the holder’s investment intent with respect to such Shares as may be required by the Company pursuant to the
      provisions of the Plan. Such written notice shall be signed by Optionee and shall be delivered to the Company by such means as are determined by the Plan Administrator in its discretion to constitute adequate delivery. The written notice shall be
      accompanied by payment of the Exercise Price. This Option shall be deemed to be exercised upon receipt by the Company of such written notice accompanied by the Exercise Price.

   

  (ii)           As a condition to the exercise of this Option and as further set forth in
      Section 11 of the Plan, Optionee agrees to make adequate provision for federal, state or other tax withholding obligations, if any, which arise upon the vesting or exercise of the Option, or disposition of Shares, whether by withholding, direct
      payment to the Company, or otherwise.

   

  (iii)         The Company is not obligated, and will have no liability for failure, to issue
      or deliver any Shares upon exercise of the Option unless such issuance or delivery would comply with the Applicable Laws, with such compliance determined by the Company in consultation with its legal counsel. This Option may not be exercised until
      such time as the Plan has been approved by the stockholders of the Company, or if the issuance of such Shares upon such exercise or the method of payment of consideration for such shares would constitute a violation of any applicable federal or state
      securities or other law or regulation, including any rule under Part 221 of Title 12 of the Code of Federal Regulations as promulgated by the Federal Reserve Board. As a condition to the exercise of this Option, the Company may require Optionee to
      make any representation and warranty to the Company as may be required by the Applicable Laws. Assuming such compliance, for income tax purposes the Shares shall be considered transferred to Optionee on the date on which the Option is exercised with
      respect to such Shares.

   

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

   

  (a)            cash or check;

   

  (b)           cancellation of indebtedness;

   

  (c)           subject to any requirements of Applicable Laws, delivery of
      Optionee’s promissory note having such recourse, interest, security and redemption provisions as the Administrator determines to be appropriate;

   

  (d)           by surrender of other shares (meaning, shares not subject to this Option) of
      Common Stock of the Company that have an aggregate Fair Market Value on the date of surrender equal to the Exercise Price of the Shares as to which the Option is being exercised. In the case of shares acquired directly or indirectly from the Company,
      such shares must have been owned by Optionee for more than six (6) months on the date of surrender (or such other period of time as is necessary to avoid the Company’s incurring adverse accounting charges); or 

  

  
    -2- 

    
      
 

  

  (e)            following the date, if any, upon which the Common Stock is a Listed Security,
      and if the Company is at such time permitting “same day sale” cashless brokered exercises, delivery of a properly executed exercise notice together with irrevocable instructions to a broker participating in such cashless brokered exercise program to
      deliver promptly to the Company the amount required to pay the exercise price (and applicable withholding taxes).

   

  5.            Termination of Relationship; Early Termination of Option.
      Following the date of termination of Optionee’s Continuous Service Status for any reason (the “Termination Date”), Optionee may exercise the Option only as set forth in the Notice and this Section 5. To the extent that Optionee is not entitled
      to exercise this Option as of the Termination Date, or if Optionee does not exercise this Option within the Termination Period set forth in the Notice or the termination periods set forth below, the Option shall terminate in its entirety. In no
      event, may any Option be exercised after the Expiration Date of the Option as set forth in the Notice.

   

  (a)            Termination. In the event of termination of Optionee’s Continuous
      Service Status other than as a result of Optionee’s disability or death or for Cause (as defined in the Plan), Optionee may, to the extent Optionee is vested in the Option Shares at the Termination Date, exercise this Option during the Termination
      Period set forth in the Notice.

   

  (b)           Other Terminations of Relationship. In connection with any
      termination other than a termination covered by Section 5(a), Optionee may exercise the Option only as described below:

   

  (i)            Termination upon Disability of Optionee.  In the event of
      termination of Optionee’s Continuous Service Status as a result of Optionee’s disability, Optionee may, but only within twelve months from the Termination Date, exercise this Option to the extent Optionee was vested in the Option Shares as of such
      Termination Date.

   

  (ii)           Death of Optionee. In the event of the death of Optionee (a)
      during the term of this Option and while an Employee or Consultant of the Company and having been in Continuous Service Status since the date of grant of the Option, or (b) within thirty (30) days after Optionee’s Termination Date, the Option may be
      exercised at any time within twelve months following the date of death by Optionee’s estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent Optionee was vested in the Option as of the
      Termination Date.

   

  (iii)         Termination for Cause. In the event Optionee’s Continuous Service
      Status is terminated for Cause, the Option shall terminate immediately upon such termination for Cause as set forth in Section 9(b)(iv) of the Plan. In the event Optionee’s employment or consulting relationship with the Company is suspended pending
      investigation of whether such relationship shall be terminated for Cause, all Optionee’s rights under the Option, including the right to exercise the Option, shall be suspended during the investigation period, also as set forth in Section 9(b)(iv) of
      the Plan. The Administrator shall have authority to effect such procedures and take such actions as are necessary to carry out the legal intent of this Section 5(b)(iii), including such procedures and actions as are required to cause Optionee to
      return to the Company Shares purchased under the Option that have been purchased or that vested within six months of the events giving rise to the for-Cause termination of Optionee's Continuous Service Status and, if such Shares have been transferred
      by the Optionee, to remit to the Company the value of such transferred Shares, also as set forth in Section 9(b)(iv) of the Plan. 

  

  
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  (c)            Termination of Option. This Option may terminate prior to its
      Expiration Date and prior to the dates specified under Section 5(a) and (b) above under certain circumstances as set forth in Section 13 of the Plan.

   

  6.            Non-Transferability of Option. Except as otherwise set forth in
      the Notice, this Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by him or her. The terms of this Option shall be binding upon the
      executors, administrators, heirs, successors and assigns of Optionee.

   

  7.             Tax Consequences. The Company has not provided any tax advice
      with respect to this Option or the disposition of the Shares. Optionee should obtain advice from an appropriate independent professional adviser with respect to the taxation implications of the grant, exercise, assignment, release, cancellation or
      any other disposal of this Option (each, a “Trigger Event”) and on any subsequent sale or disposition of the Shares. Optionee should also take advice in respect of the taxation indemnity provisions under Section 8 below. The per share Exercise
      Price of the Option is intended to be at least equal to the fair market value of the Company’s Common Stock at the date of grant. The Company has attempted in good faith to make the fair market value determination in compliance with applicable tax
      law although there can be no certainty that the IRS will agree. If the IRS does not agree and asserts the fair market value at the time of grant is higher than the Exercise Price, the IRS could seek to impose greater taxes on Optionee, including
      interest and penalties under Internal Revenue Code Section 409A. While the Company thinks this is an unlikely event, the Company cannot provide absolute assurance and Optionee may want to consult Optionee’s own tax adviser with any questions.

   

  8.            Optionee’s Taxation Indemnity.

   

  (a)            To the extent permitted by law, Optionee hereby agrees to indemnify and keep
      indemnified the Company and the Company as trustee for and on behalf of any affiliate entity, in respect of any liability or obligation of the Company and/or any affiliate entity to account for income tax or any other taxation provisions under the
      laws of Optionee’s country or citizenship and/or residence to the extent arising from a Trigger Event or arising out of the acquisition, retention and disposal of the Shares.

   

  (b)           The Company shall not be obliged to allot and issue any of the Shares or any
      interest in the Shares unless and until Optionee has paid to the Company such sum as is, in the opinion of the Company, sufficient to indemnify the Company in full against any liability the Company has for any amount of, or representing, income tax
      or any other tax arising from a Trigger Event (the “Option Tax Liability”), or Optionee has made such other arrangement as in the opinion of the Company will ensure that the full amount of any Option Tax Liability will be recovered from
      Optionee within such period as the Company may then determine. 

  

  
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  9.             Data Protection.

   

  (a)            To facilitate the administration of the Plan and this Agreement, it will be
      necessary for the Company (or its payroll administrators) to collect, hold and process certain personal information about Optionee and to transfer this data to certain third parties such as brokers with whom Optionee may elect to deposit any share
      capital under the Plan. Optionee consents to the Company (or its payroll administrators) collecting, holding and processing Optionee’s personal data and transferring this data to the Company or any other third parties insofar as is reasonably
      necessary to implement, administer and manage the Plan.

   

  (b)           Optionee understands that Optionee may, at any time, view Optionee’s personal
      data, require any necessary corrections to it or withdraw the consents herein in writing by contacting the Company, but acknowledges that without the use of such data it may not be practicable for the Company to administer Optionee’s involvement in
      the Plan in a timely fashion or at all and this may be detrimental to Optionee.

   

  10.           Lock-Up Agreement. In connection with the initial public offering
      of the Company’s securities and upon request of the Company or the underwriters managing any underwritten offering of the Company’s securities, Optionee hereby agrees not to sell, make any short sale of, loan, grant any option for the purchase of, or
      otherwise dispose of any securities of the Company however and whenever acquired (other than those included in the registration) without the prior written consent of the Company or such underwriters, as the case may be, for such period of time (not
      to exceed 180 days but subject to such extension or extensions as may be required by the underwriters in order to publish research reports while complying with Rule 2711 of the National Association of Securities Dealers, Inc.) from the effective date
      of such registration as may be requested by the Company or such managing underwriters and to execute an agreement reflecting the foregoing as may be requested by the underwriters at the time of the public offering.

   

  11.           Governing Law. This Agreement and all acts and transactions
      pursuant hereto and the rights and obligations of the parties hereto shall be governed, construed and interpreted in accordance with the laws of the State of Washington, without giving effect to principles of conflicts of law.

   

  12.           Effect of Agreement. Optionee acknowledges receipt of a copy of
      the Plan and represents that he or she is familiar with the terms and provisions thereof (and has had an opportunity to consult counsel regarding the Option terms), and hereby accepts this Option and agrees to be bound by its contractual terms as set
      forth herein and in the Plan. Optionee hereby agrees to accept as binding, conclusive and final all decisions and interpretations of the Plan Administrator regarding any questions relating to the Option. In the event of a conflict between the terms
      and provisions of the Plan and the terms and provisions of the Notice and this Agreement, the Plan terms and provisions shall prevail. The Option, including the Plan, constitutes the entire agreement between Optionee and the Company on the subject
      matter hereof and supersedes all proposals, written or oral, and all other communications between the parties relating to such subject matter. 

  
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  EXHIBIT A

   

  KINETA, INC.

   

  Amended and Restated 2008 Stock Plan

   

  EXERCISE NOTICE AND RESTRICTED STOCK PURCHASE AGREEMENT

   

  This Agreement (“Agreement”) is made as of _______________, by and between Kineta,
      Inc., a Washington corporation (the “Company”), and «Optionee» (“Purchaser”). To the extent any capitalized terms used in this Agreement are not defined, they shall have the meaning ascribed to them in the Company’s Amended and Restated
      2008 Stock Plan (the “Plan”).

   

  1.            Exercise of Option. Subject to the terms and conditions hereof,
      Purchaser hereby elects to exercise his or her option to purchase ___________ shares of the Common Stock (the “Shares”) of the Company under and pursuant to the Plan and the Stock Option Agreement granted _______________ ____, _________ (the “Option
        Agreement”). The purchase price for the Shares shall be $____________ per Share for a total purchase price of $__________. The term “Shares” refers to the purchased Shares and all securities received in replacement of the Shares or as
      stock dividends or splits, all securities received in replacement of the Shares in a recapitalization, merger, reorganization, exchange or the like, and all new, substituted or additional securities or other properties to which Purchaser is entitled
      by reason of Purchaser’s ownership of the Shares.

   

  2.            Time and Place of Exercise. The purchase and sale of the Shares
      under this Agreement shall occur at the principal office of the Company simultaneously with the execution and delivery of this Agreement in accordance with the provisions of Section 3(b) of the Option Agreement. On such date, the Company will deliver
      to Purchaser a certificate representing the Shares to be purchased by Purchaser (which shall be issued in Purchaser’s name) against payment of the exercise price therefor by Purchaser by any method listed in Section 4 of the Option Agreement.

   

  3.            Limitations on Transfer. In addition to any other limitation on
      transfer created by applicable securities laws, Purchaser shall not assign, encumber or dispose of any interest in the Shares except in compliance with the provisions below and applicable securities laws.

   

  (a)            Private Company. Purchaser acknowledges that the Company shall
      have the right, but not the obligation, during the 90 days after the termination of Purchaser’s Continuous Service Status for any reason or after exercise of the Option if the Option is exercised after termination of Purchaser’s Continuous Service
      Status for any reason, to repurchase the Shares. The repurchase price shall be the Fair Market Value of those Shares as of the date of the Termination. The Fair Market Value per Share will be determined as set forth in Section 3(c)(ii) of this
      Agreement. The repurchase price shall be paid in cash.

   

  (b)           Right of First Refusal. Before any Shares held by Purchaser or any
      transferee of Purchaser (either being sometimes referred to herein as the “Holder”) may be sold or otherwise transferred (including transfer by gift or operation of law), the Company or its assignee(s) shall have a right of first refusal to
      purchase the Shares on the terms and conditions set forth in this Section 3(b) (the “Right of First Refusal”). 

  

  
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  (i)            Notice of Proposed Transfer. The Holder of the Shares shall
      deliver to the Company a written notice (the “Notice”) stating: (i) the Holder’s bona fide intention to sell or otherwise transfer such Shares; (ii) the name of each proposed purchaser or other transferee (“Proposed Transferee”);
      (iii) the number of Shares to be transferred to each Proposed Transferee; and (iv) the terms and conditions of each proposed sale or transfer. The Holder shall offer the Shares at the same price (the “Offered Price”) and upon the same terms
      (or terms as similar as reasonably possible) to the Company or its assignee(s).

   

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

   

  (iii)          Purchase Price. The purchase price (“Purchase Price”) for
      the Shares purchased by the Company or its assignee(s) under this Section 3(b) shall be the Offered Price. If the Offered Price includes consideration other than cash, the cash equivalent value of the non-cash consideration shall be determined by the
      Board of Directors of the Company in good faith.

   

  (iv)         Payment. Payment of the Purchase Price shall be made, at the
      option of the Company or its assignee(s), in cash (by check), by cancellation of all or a portion of any outstanding indebtedness, or by any combination thereof within 30 days after receipt of the Notice or in the manner and at the times set forth in
      the Notice.

   

  (v)          Holder’s Right to Transfer. If all of the Shares proposed in the
      Notice to be transferred to a given Proposed Transferee are not purchased by the Company and/or its assignee(s) as provided in this Section 3(b), then the Holder may sell or otherwise transfer such Shares to that Proposed Transferee at the Offered
      Price or at a higher price, provided that such sale or other transfer is consummated within 60 days after the date of the Notice and provided further that any such sale or other transfer is effected in accordance with any applicable securities laws
      and the Proposed Transferee agrees in writing that the provisions of this Section 3 shall continue to apply to the Shares in the hands of such Proposed Transferee. If the Shares described in the Notice are not transferred to the Proposed Transferee
      within such period, or if the Holder proposes to change the price or other terms to make them more favorable to the Proposed Transferee, a new Notice shall be given to the Company, and the Company and/or its assignees shall again be offered the Right
      of First Refusal before any Shares held by the Holder may be sold or otherwise transferred.

   

  (vi)         Exception for Certain Family Transfers. Anything to the contrary
      contained in this Section 3(b) notwithstanding, the transfer of any or all of the Shares during Purchaser’s lifetime or on Purchaser’s death by will or intestacy to Purchaser’s Immediate Family or a trust for the benefit of Purchaser’s Immediate
      Family shall be exempt from the provisions of this Section 3(b). “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall
      receive and hold the Shares so transferred subject to the provisions of this Section, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 3. 

  

  
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  (c)           Involuntary Transfer.

   

  (i)            Company’s Right to Purchase upon Involuntary Transfer. In the
      event, at any time after the date of this Agreement, of any transfer by operation of law or other involuntary transfer (including death or divorce, but excluding a transfer to Immediate Family as set forth in Section 3(b)(vi) above) of all or a
      portion of the Shares by the record holder thereof, the Company shall have an option to purchase all of the Shares transferred at the greater of the purchase price paid by Purchaser for the Shares pursuant to this Agreement (as adjusted for any stock
      splits, stock dividends and the like) or the Fair Market Value of the Shares on the date of transfer. Upon such a transfer, the person acquiring the Shares shall promptly notify the Secretary of the Company of such transfer. The right to purchase
      such Shares shall be provided to the Company for a period of thirty (30) days following receipt by the Company of written notice by the person acquiring the Shares.

   

  (ii)           Price for Involuntary Transfer. With respect to any stock to be
      transferred pursuant to Sections 3(a) or 3(c)(i), the Fair Market Value per Share shall be a price set by the Board of Directors of the Company in good faith using a reasonable valuation method in a reasonable manner in accordance with Section 409A
      of the Code. The Company shall notify Purchaser or his or her executor of the price so determined within thirty (30) days after receipt by it of written notice of the transfer or proposed transfer of Shares. However, if the Purchaser does not agree
      with the valuation as determined by the Board of Directors of the Company, the Purchaser shall be entitled to have the valuation determined by an independent appraiser to be mutually agreed upon by the Company and the Purchaser and whose fees shall
      be borne equally by the Company and the Purchaser.

   

  (d)           Repurchase Option on Termination For Cause. Purchaser acknowledges
      that in the event of termination of Purchaser’s Continuous Service Status for Cause, the Administrator shall have authority to effect such procedures and take such actions as are necessary to carry out the legal intent of Section 5(b)(iii) of the
      Option Agreement and Section 9(b)(iv) of the Plan, including such procedures and actions as are required to cause Purchaser to return to the Company Shares purchased under the Option that have been purchased or that vested within six months of the
      events giving rise to the for-Cause termination of Purchaser's Continuous Service Status and, if such Shares have been transferred by the Purchaser, to remit to the Company the value of such transferred Shares, also as set forth in Section 9(b)(iv)
      of the Plan.

   

  (d)           Assignment. The right of the Company to purchase any part of the
      Shares may be assigned in whole or in part to any stockholder or stockholders of the Company or other persons or organizations. 

  

  
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  (e)           Restrictions Binding on Transferees. All transferees of Shares or
      any interest therein will receive and hold such Shares or interest subject to the provisions of this Agreement. Any sale or transfer of the Company’s Shares shall be void unless the provisions of this Agreement are satisfied.

   

  (f)            Termination of Rights. The right of repurchase granted by the
      Company in Section 3(a) above, the right of first refusal granted the Company by Section 3(b) above and the option to repurchase the Shares in the event of an involuntary transfer granted the Company by Section 3(c) above shall terminate upon the
      first sale of Common Stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Securities Act”).
      Upon termination of the rights to repurchase and the right of first refusal described in Sections 3(a), 3(b) and 3(c) above, a new certificate or certificates representing the Shares not repurchased shall be issued, on request, without the legend
      referred to in Section 5(a)(ii) herein and delivered to Purchaser.

   

  4.            Investment and Taxation Representations. In connection with the
      purchase of the Shares, Purchaser represents to the Company the following:

   

  (a)            Purchaser is aware of the Company’s business affairs and financial condition and
      has acquired sufficient information about the Company to reach an informed and knowledgeable decision to acquire the Shares. Purchaser is purchasing these securities for investment for his or her own account only and not with a view to, or for resale
      in connection with, any “distribution” thereof within the meaning of the Securities Act or under any applicable provision of state law. Purchaser does not have any present intention to transfer the Shares to any person or entity.

   

  (b)           Purchaser understands that the Shares have not been registered under the
      Securities Act by reason of a specific exemption therefrom, which exemption depends upon, among other things, the bona fide nature of Purchaser’s investment intent as expressed herein.

   

  (c)           Purchaser further acknowledges and understands that the securities must be held
      indefinitely unless they are subsequently registered under the Securities Act or an exemption from such registration is available. Purchaser further acknowledges and understands that the Company is under no obligation to register the securities.
      Purchaser understands that the certificate(s) evidencing the securities will be imprinted with a legend which prohibits the transfer of the securities unless they are registered or such registration is not required in the opinion of counsel for the
      Company.

   

  (d)           Purchaser is familiar with the provisions of Rules 144 and 701, each promulgated
      under the Securities Act, which, in substance, permit limited public resale of “restricted securities” acquired, directly or indirectly, from the issuer of the securities (or from an affiliate of such issuer), in a non-public offering subject to the
      satisfaction of certain conditions. Purchaser understands that the Company provides no assurances as to whether he or she will be able to resell any or all of the Shares pursuant to Rule 144 or Rule 701, which rules require, among other things, that
      the Company be subject to the reporting requirements of the Securities Exchange Act of 1934, as amended, that resales of securities take place only after the holder of the Shares has held the Shares for certain specified time periods, and under
      certain circumstances, that resales of securities be limited in volume and take place only pursuant to brokered transactions. Notwithstanding this paragraph (d), Purchaser acknowledges and agrees to the restrictions set forth in paragraph (e) below. 

  

  
    -4- 

    
      
 

  

  (e)           Purchaser further understands that in the event all of the applicable
      requirements of Rule 144 or 701 are not satisfied, registration under the Securities Act, compliance with Regulation A, or some other registration exemption will be required; and that, notwithstanding the fact that Rules 144 and 701 are not
      exclusive, the Staff of the Securities and Exchange Commission has expressed its opinion that persons proposing to sell private placement securities other than in a registered offering and otherwise than pursuant to Rule 144 or 701 will have a
      substantial burden of proof in establishing that an exemption from registration is available for such offers or sales, and that such persons and their respective brokers who participate in such transactions do so at their own risk.

   

  (f)            Purchaser understands that Purchaser may suffer adverse tax consequences as a
      result of Purchaser’s purchase or disposition of the Shares. Purchaser represents that Purchaser has consulted any tax consultants Purchaser deems advisable in connection with the purchase or disposition of the Shares and that Purchaser is not
      relying on the Company for any tax advice.

   

  (g)           Purchaser understands that the per share “Exercise Price” for the Shares is
      intended to be at least equal to the fair market value of the Company’s Common Stock at the date of grant and that the Company has attempted in good faith to make the fair market value determination in compliance with applicable tax law although
      there can be no certainty that the IRS will agree. Purchaser understands that if the IRS does not agree and asserts that the fair market value at the time of grant is higher than the Exercise Price, the IRS could seek to impose greater taxes on
      Purchaser, including interest and penalties under Internal Revenue Code Section 409A.

   

  5.            Restrictive Legends and Stop-Transfer Orders.

   

  (a)           Legends. The certificate or certificates representing the Shares
      shall bear the following legends (as well as any legends required by applicable state and federal corporate and securities laws):

   

  		(i)	THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AND HAVE BEEN ACQUIRED FOR INVESTMENT
            AND NOT WITH A VIEW TO, OR IN CONNECTION WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH SALE OR DISTRIBUTION MAY BE EFFECTED UNLESS EFFECTED PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT RELATED THERETO OR UNDER ANOTHER EXEMPTION AVAILABLE
            UNDER THE SECURITIES ACT OF 1933 (AS TO WHICH AVAILABILITY THE COMPANY MAY REQUIRE THE SELLER/TRANSFEROR TO PROVIDE AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY).

  

  
    -5- 

    
      
 

  

  

  		(ii)	THE SHARES REPRESENTED BY THIS CERTIFICATE MAY BE TRANSFERRED ONLY IN ACCORDANCE WITH THE TERMS OF AN AGREEMENT BETWEEN THE COMPANY AND THE
            STOCKHOLDER, A COPY OF WHICH IS ON FILE WITH THE SECRETARY OF THE COMPANY.

   

  (b)           Stop-Transfer Notices. Purchaser agrees that, in order to ensure
      compliance with the restrictions referred to herein, the Company may issue appropriate “stop transfer” instructions to its transfer agent, if any, and that, if the Company transfers its own securities, it may make appropriate notations to the same
      effect in its own records.

   

  (c)            Refusal to Transfer. The Company shall not be required (i) to
      transfer on its books any Shares that have been sold or otherwise transferred in violation of any of the provisions of this Agreement or (ii) to treat as owner of such Shares or to accord the right to vote or pay dividends to any purchaser or other
      transferee to whom such Shares shall have been so transferred.

   

  6.            No Employment Rights. Nothing in this Agreement shall affect in
      any manner whatsoever the right or power of the Company, or a parent or subsidiary of the Company, to terminate Purchaser’s employment or consulting relationship, for any reason, with or without Cause.

   

  7.             Lock-Up Agreement. In connection with the initial public
      offering of the Company’s securities and upon request of the Company or the underwriters managing any underwritten offering of the Company’s securities, Purchaser agrees not to sell, make any short sale of, loan, grant any option for the purchase of,
      or otherwise dispose of any securities of the Company however or whenever acquired (other than those included in the registration) without the prior written consent of the Company or such underwriters, as the case may be, for such period of time (not
      to exceed 180 days but subject to such extension or extensions as may be required by the underwriters in order to publish research reports while complying with Rule 2711 of the National Association of Securities Dealers, Inc.) from the effective date
      of such registration as may be requested by the Company or such managing underwriters and to execute an agreement reflecting the foregoing as may be requested by the underwriters at the time of the public offering.

   

  8.             Tax Consequences. Purchaser should obtain advice from an
      appropriate independent professional adviser with respect to the taxation implications of the grant, issuance, purchase, retention, assignment, release, cancellation, sale or any other disposal of the Shares (each, a “Trigger Event”).
      Participant should also take advice in respect of the taxation indemnity provisions under Section 9 below. 

  

  
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  9.            Purchaser’s Taxation Indemnity.

   

  (a)            To the extent permitted by law, Purchaser hereby agrees to indemnify and keep
      indemnified the Company and the Company as trustee for and on behalf of any affiliate entity, in respect of any liability or obligation of the Company and/or any affiliate entity to account for income tax or any other taxation provisions under the
      laws of Purchaser’s country or citizenship and/or residence to the extent arising from a Trigger Event.

   

  (b)           The Company shall not be obliged to allot and issue any of the Shares or any
      interest in the Shares unless and until Purchaser has paid to the Company such sum as is, in the opinion of the Company, sufficient to indemnify the Company in full against any liability the Company has for any amount of, or representing, income tax
      or any other tax arising from a Trigger Event (the “Shares Tax Liability”), or Purchaser has made such other arrangement as in the opinion of the Company will ensure that the full amount of any Shares Tax Liability will be recovered from
      Purchaser within such period as the Company may then determine.

   

  10.          Data Protection.

   

  (a)            To facilitate the administration of the Plan and this Agreement, it will be
      necessary for the Company (or its payroll administrators) to collect, hold and process certain personal information about Purchaser and to transfer this data to certain third parties such as brokers with whom Purchaser may elect to deposit any share
      capital under the Plan. Purchaser consents to the Company (or its payroll administrators) collecting, holding and processing Purchaser’s personal data and transferring this data to the Company or any other third parties insofar as is reasonably
      necessary to implement, administer and manage the Plan.

   

  (b)          Purchaser understands that Purchaser may, at any time, view Purchaser’s personal
      data, require any necessary corrections to it or withdraw the consents herein in writing by contacting the Company, but acknowledges that without the use of such data it may not be practicable for the Company to administer Purchaser’s involvement in
      the Plan in a timely fashion or at all and this may be detrimental to Purchaser.

   

  11.          Miscellaneous.

   

  (a)            Governing Law. This Agreement and all acts and transactions
      pursuant hereto and the rights and obligations of the parties hereto shall be governed, construed and interpreted in accordance with the laws of the State of Washington, without giving effect to principles of conflicts of law.

   

  (b)            Entire Agreement; Enforcement of Rights. This Agreement sets forth
      the entire agreement and understanding of the parties relating to the subject matter herein and merges all prior discussions between them. No modification of or amendment to this Agreement, nor any waiver of any rights under this Agreement, shall be
      effective unless in writing signed by the parties to this Agreement. The failure by either party to enforce any rights under this Agreement shall not be construed as a waiver of any rights of such party.

   

  (c)            Severability. If one or more provisions of this
      Agreement are held to be unenforceable under applicable law, the parties agree to renegotiate such provision in good faith. In the event that the parties cannot reach a mutually agreeable and enforceable replacement for such provision, then (i) such
      provision shall be excluded from this Agreement, (ii) the balance of the Agreement shall be interpreted as if such provision were so excluded and (iii) the balance of the Agreement shall be enforceable in accordance with its terms. 

  

  
    -7- 

    
      
 

  

  (d)           Construction. This Agreement is the result of negotiations between
      and has been reviewed by each of the parties hereto and their respective counsel, if any; accordingly, this Agreement shall be deemed to be the product of all of the parties hereto, and no ambiguity shall be construed in favor of or against any one
      of the parties hereto.

   

  (e)            Notices. Any notice required or permitted by this Agreement shall
      be in writing and shall be deemed sufficient when delivered personally or sent by telegram or fax or forty-eight (48) hours after being deposited in the U.S. mail, as certified or registered mail, with postage prepaid, and addressed to the party to
      be notified at such party’s address as set forth below or as subsequently modified by written notice.

   

  (f)            Counterparts. This Agreement may be executed in two or more
      counterparts, each of which shall be deemed an original and all of which together shall constitute one instrument.

   

  (g)           Successors and Assigns. The rights and benefits of this Agreement
      shall inure to the benefit of, and be enforceable by the Company’s successors and assigns. The rights and obligations of Purchaser under this Agreement may only be assigned with the prior written consent of the Company.

   

  [Signature Page Follows] 

  
    -8- 

    
      
 

  

  The parties have executed this Exercise Notice and Restricted Stock Purchase Agreement as of
      the date first set forth above.

   

  

  		COMPANY:
	 	 
	 	KINETA, INC.
	 	 	 
	 	By:	 
		Name:	 
	 	Title:	 
	 	 	 
		PURCHASER:
	 	 
	 	 
	 	(Signature)
	 	 
	 	 
	 	(Printed Name)
	 	 
	 	Address:	 
	 	 	 

   

  I, ______________________, spouse of «Optionee», have read and hereby approve the foregoing Agreement. In
      consideration of the Company’s granting my spouse the right to purchase the Shares as set forth in the Agreement, I hereby agree to be irrevocably bound by the Agreement and further agree that any community property or other such interest shall
      hereby be similarly bound by the Agreement. I hereby appoint my spouse as my attorney-in-fact with respect to any amendment or exercise of any rights under the Agreement.

   

   

  		Spouse of «Optionee»

  

  
    -9- 

    
      
 

  

  RECEIPT

   

  The undersigned hereby acknowledges receipt of Certificate No. _____ for __________ shares of
      Common Stock of Kineta, Inc.

   

  	Dated: _______________	 
	 	«Optionee»

  

  
    -10- 

    
      
 

  

  RECEIPT

   

  Kineta, Inc. (the “Company”) hereby acknowledges receipt of (check as applicable):

   

  	_______	A check in the amount of $____________

   

  	_______	The cancellation of indebtedness in the amount of $____________

   

  

  	_______	A promissory note in the amount of $____________

   

  	_______	
          Certificate No. _____ representing __________ shares of the Company’s

           

          Common Stock with a fair market value of $___________

        

   

  given by «Optionee» as consideration for Certificate No. _____ for _________ shares of Common Stock of the
      Company.

   

  Dated: ______________ 

  

  		 	KINETA, INC.
	 	 	 	 
	 	 	By:	 
	 	 	 	 
		 	Name:	 
	 	 	 	 
	 	 	Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00348-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00348-of-00352.parquet"}]]