Document:

EX-10.2

 Exhibit 10.2 

 

					
		 		 	Name:
		 		 	Number of Appreciation Units:
		 		 	Date of Grant:

 SUNGARD CAPITAL CORP. AND SUNGARD CAPITAL CORP. II 

SUNGARD MANAGEMENT INCENTIVE PLAN 
 FORM OF TIME BASED APPRECIATION UNIT AWARD AGREEMENT 
 THIS AWARD
AND ANY SECURITIES ISSUED UPON THE PAYMENT OF THIS APPRECIATION UNIT AWARD ARE SUBJECT TO RESTRICTIONS ON VOTING AND TRANSFER AND REQUIREMENTS RELATING TO SALE AND OTHER PROVISIONS AS SET FORTH IN THE AMENDED AND RESTATED STOCKHOLDERS AGREEMENT
AMONG SUNGARD CAPITAL CORP., SUNGARD CAPITAL CORP. II, SUNGARD HOLDING CORP., SUNGARD HOLDCO LLC, SUNGARD DATA SYSTEMS INC., AND CERTAIN STOCKHOLDERS OF SUNGARD CAPITAL CORP. AND SUNGARD CAPITAL CORP. II, DATED AS OF NOVEMBER 7, 2012 (AS IN EFFECT
FROM TIME TO TIME, THE “STOCKHOLDERS AGREEMENT”). 
 SUNGARD CAPITAL CORP. AND SUNGARD CAPITAL CORP. II
STRONGLY ENCOURAGE YOU TO SEEK THE ADVICE OF YOUR OWN LEGAL AND FINANCIAL ADVISORS WITH RESPECT TO YOUR AWARD AND ITS TAX CONSEQUENCES. 
 This agreement (the “Agreement”) evidences the Award granted by SunGard Capital Corp., a Delaware corporation (the “Company”), and SunGard Capital Corp. II, a Delaware corporation
(“Lowerco” and together with the Company, the “Companies”), to the undersigned (the “Grantee”) pursuant to, and subject to the terms of, the SunGard 2005 Management Incentive Plan (as amended from time to time, the
“Management Incentive Plan”), which is incorporated herein by reference and of which the Grantee hereby acknowledges receipt. The Award provides for the grant of Appreciation Units (as defined below) on the terms set forth herein and in
the Management Incentive Plan. 
 1. Grant of Appreciation Units. The Company and Lowerco (as applicable) grant to the
Grantee, as of the above Date of Grant, an Award equal to the number of Appreciation Units set forth above, on the terms provided herein and in the Management Incentive Plan. The Appreciation Units evidenced by this Agreement are granted to the
Grantee in an Employment capacity as an employee of the Employer. 
 2. Appreciation Unit Account. The Company shall
establish and maintain an Appreciation Unit account (the “Account”) as a bookkeeping account on its records for the Grantee and shall record in the Account the number of Appreciation Units awarded to the Grantee. No Shares (as defined
below) shall be issued to the Grantee at the time the Award is made, and the Grantee shall not be, nor have any of the rights or privileges of, a shareholder of the Companies with respect to any Appreciation Units recorded in the Account. The
Grantee shall not have any interest in any fund or specific assets of the Companies by reason of this Award or the Account established for the Grantee. 

  
 -1-

 3. Meaning of Certain Terms. Except as otherwise defined herein, all capitalized
terms used in this Agreement shall have the same meaning as in the Management Incentive Plan. The following terms shall have the following meanings: 
  

	 	(a)	“Appreciation Unit” means an award to be paid in Shares as set forth in Section 5. 

 

	 	(b)	“Cause” has the meaning set forth in the Employment Agreement.1 

  

	 	(c)	“Change of Control” has the meaning set forth in the Stockholders Agreement, without regard to any subsequent amendment thereof.

  

	 	(d)	“Disability” has the meaning set forth in the Employment Agreement. 

 

	 	(e)	“Employer” means the Company or its Affiliate with which the Grantee has entered into an Employment relationship. 

 

	 	(f)	“Employment Agreement” means the Employment Agreement entered into by and among SunGard Data Systems Inc., SunGard Capital Corp., SunGard Capital Corp.
II, and the Grantee as of              ,             . 

 

	 	(g)	“Fair Market Value” means the fair market value of a Unit or Shares, as applicable, on the applicable date, as determined by the Administrator or the
Board. As long as Shares are not traded on an established securities market, Fair Market Value will be determined by the Board quarterly, in accordance with the Stockholders Agreement (without regard to any subsequent amendment thereof), either at a
meeting of the Board or by written consent in lieu of a meeting. If any stock of either of the Companies becomes publicly traded on an established securities market, the Fair Market Value of a Share shall be the closing price of a Share during
regular trading hours on the applicable securities market on the applicable date, or, if no sales occurred on such date, on the next preceding date on which there were sales of Shares. 

 

	 	(h)	“Good Reason” has the meaning set forth in the Employment Agreement or, if there is no such definition, Good Reason means a material diminution by the
Company in the Grantee’s authority, duties, or responsibilities without the written consent of the Grantee, provided that the Grantee provides written notice of termination for Good Reason to the Company within 90 days following the initial
notification of its occurrence or proposed occurrence, the Company has a cure period of 30 days in which it may correct the act or failure to act that constitutes the grounds for Good Reason as set forth in the Grantee’s notice of termination,
and the Grantee terminates the Grantee’s employment for Good Reason within 30 days of the end of the cure period. 

  

	 	(i)	“Payment Date” has the meaning set forth in Section 5. 

 

	1	Some of the defined terms for certain grants may be set forth in the Management Incentive Plan or the Stockholders Agreement, instead of in the Grantee’s
Employment Agreement. 

  
 -2-

	 	(j)	“Restrictive Covenant” means any of the restrictive covenants set forth in Exhibit A, which is incorporated herein by reference.2 

 

	 	(k)	“Shares” means Class A Common shares, Class L Common shares, and Lowerco Preferred shares, provided that if any stock of either of the Companies
becomes publicly traded on an established securities market, a “Share” means a share of the publicly traded securities. 

  

	 	(l)	“Unit” means an undivided interest in (i) 1.3 Class A Common shares, (ii) 0.1444 Class L Common shares, and (iii) 0.05 Lowerco
Preferred shares, as long as Shares are not traded on an established securities market. If any stock of either of the Companies becomes traded on an established securities market, a “Unit” means an undivided interest in a share of the
publicly traded stock. 

  

	 	(m)	“Vesting Date” means the date that the Appreciation Units vest, subject to the Grantee’s continued Employment, as set forth in Schedule A.

 4. Vesting of Appreciation Units. The Appreciation Units shall be subject to forfeiture until the
Appreciation Units vest. The Appreciation Units shall vest on the applicable Vesting Date as set forth on Schedule A, based on the Grantee’s continued Employment; provided, however, that: 

 

	 	(a)	The Appreciation Units shall become fully vested upon a Change of Control prior to the      anniversary of the Date of Grant if the Grantee
continues in Employment through the date of the Change of Control. 

  

	 	(b)	The Appreciation Units shall become fully vested if the Grantee’s Employment terminates as a result of (i) termination of the Grantee by the Employer without
Cause, (ii) resignation by the Grantee for Good Reason, (iii) death, or (iv) Disability. 

  

	 	(c)	If the Grantee resigns from Employment with the Employer without Good Reason, the Grantee will receive any previously vested Appreciation Units in accordance with
Section 5, and any unvested Appreciation Units shall be forfeited. 

  

	 	(d)	If the Grantee’s Employment terminates for Cause, then all of the unpaid Appreciation Units shall be forfeited. 

5. Payment of Appreciation Units. 
  

	 	(a)	The Grantee’s vested Appreciation Units shall be paid upon the “Payment Date,” which is defined as the first to occur of (i) a Change of Control
that meets the requirements of a “change in control event” under Section 409A of the Code, (ii) the Grantee’s termination of Employment from the Employer for any reason other than for Cause, or (iii) the
         anniversary of the Date of Grant. All payments to 

  

	2	 The Restrictive Covenants for certain grants may be set forth in the Grantee’s employment agreement instead of in an Exhibit.

  
 -3-

	 	
be made under this Agreement upon a termination of Employment shall only be made upon the Grantee’s “separation from service” within the meaning of Section 409A of the Code,
and distributions shall be made at a time and in a manner consistent with Section 409A.  

  

	 	(b)	When the vested Appreciation Units become payable on the Payment Date, the Company shall pay to the Grantee an amount, in Shares, equal to (i) the number of the
Grantee’s vested Appreciation Units multiplied by (ii) the excess of the Fair Market Value of a Unit on the Payment Date over $        , subject to satisfaction of the Grantee’s tax withholding
obligations as described below. The amount so determined will be divided by the Fair Market Value of a Unit on the Payment Date (or the Fair Market Value of a Share on the Payment Date if the Shares are traded on an established securities market),
to determine the number of Shares to be distributed. Payment shall be made in the form of fully vested Shares under the Management Incentive Plan. A fractional Share may be paid in cash, or in a Share or fractional Share, as determined by the
Administrator. Payment shall be made within 30 days after the Payment Date, subject to Sections 14, 15, and 19. If payment is required to be delayed pursuant to Section 14, for purposes of measuring the amount and number of Shares to be paid,
the Payment Date will be the earliest date as of which distribution may be made under Section 14. 

 6.
Certain Calls and Puts. The Shares issued under this Agreement are subject to the call and put rights contained in Section 6 of the Stockholders Agreement, while the Stockholders Agreement remains in effect, except that such put rights
shall be granted only if and to the extent permitted by the Code (including Section 409A thereof); provided, however, that the call rights contained in Section 6 of the Stockholders Agreement shall not apply in the event of a termination
resulting from Disability or death. 
 7. Share Restrictions, etc. Except as expressly provided herein, the
Grantee’s rights hereunder and with respect to any Shares received upon payment in accordance with Section 5 herein are subject to the restrictions and other provisions contained in the Stockholders Agreement, while the Stockholders
Agreement remains in effect. 
 8. Forfeiture. Upon delivery of Shares pursuant to vested Appreciation Units, the Grantee
shall certify on a form acceptable to the Administrator that the Grantee is, and at all times during and after Employment has been, in compliance with the Restrictive Covenants and all other agreements between the Grantee and the Company or any of
its Affiliates. If the Company determines that the Grantee is not, or at any time during or after Employment has not been, in compliance with one or more of the Restrictive Covenants or with the provisions of any agreement between the Grantee and
the Company or any of its Affiliates, and such non-compliance has not been authorized in advance in a specific written waiver from the Company or the applicable party, the Administrator may cancel any unpaid Appreciation Units. The Company shall
also have the following (and only the following) additional remedies: 
  

	 	(a)	 During the six months after any delivery of Shares pursuant to vested Appreciation Units, such payment may be rescinded at the Company’s option if
the Grantee fails, or at any time during or after Employment has failed, to comply in any material respect with the terms of the Restrictive Covenants or of any other 

  
 -4-

	 	
agreement with the Company or any of its Affiliates or if the Grantee breaches, or at any time during or after Employment has breached, any duty to the Company or any of its Affiliates. The
Company shall notify the Grantee in writing of any such rescission within one year after such delivery. Within ten days after receiving such a notice from the Company, the Grantee shall remit or deliver to the Company as applicable (i) the
amount of any gain realized upon the sale of any Shares received upon payment of the Appreciation Units, (ii) any consideration received upon the exchange of any Shares (or to the extent that such consideration was not received in the form of
cash, the cash equivalent thereof valued at the time of the exchange), and (iii) the number of Shares received in connection with the rescinded delivery. 

 

	 	(b)	The Company shall have the right to offset against any Shares and cash amounts due to the Grantee, including by reason of the Grantee’s interest in the
Appreciation Units, any amounts to which the Company is entitled as a result of the Grantee’s violation of the terms of the Restrictive Covenants or of any other agreement with the Company or any of its Affiliates or the Grantee’s breach
of any duty to the Company or any of its Affiliates; provided, however, that no offset shall accelerate or defer the distribution date of amounts payable under this Agreement in violation of Section 409A of the Code, and any offset in violation
of Section 409A shall be null and void. Accordingly, the Grantee acknowledges that (i) the Company may withhold delivery of any Shares or cash amount, (ii) the Company may place the proceeds of any sale or other disposition of Shares
in an escrow account of the Company’s choosing pending resolution of any dispute with the Company, and (iii) the Company has no liability for any attendant market risk caused by any such withholding, or escrow, subject, however, to
compliance with the requirements of Section 409A of the Code. 

 The Grantee acknowledges and agrees that the calculation of
damages from a breach of any of the Restrictive Covenants or of any other agreement with the Company or any of its Affiliates or of any duty to the Company or any of its Affiliates would be difficult to calculate accurately and that the right to
offset or other remedy provided for herein is reasonable and not a penalty. The Grantee further agrees not to challenge the reasonableness of such provisions even where the Company rescinds, delays, withholds, or escrows Shares, cash, or proceeds or
uses Shares, cash, or proceeds as a setoff. 
 9. Legends. Shares issued upon the payment of the vested Appreciation
Units shall bear such legends as may be required or provided for under the terms of the Stockholders Agreement. 
 10.
Transfer of Appreciation Units. The Appreciation Units may only be transferred by the laws of descent and distribution, or to a legal representative in the event of the Grantee’s incapacity and, in the case of Shares, in accordance with
the terms of the Stockholders Agreement. 
 11. Withholding. Any payment of the Shares and other amounts in accordance
with this Agreement will give rise to compensation income which may be subject to applicable tax withholding. The Grantee expressly acknowledges and agrees that the Grantee’s rights 

  
 -5-

 
hereunder, including the right to a payment under Section 5, are subject to the Grantee promptly paying to the Companies all taxes required to be withheld. The Administrator may require that
the Grantee pay any tax withholding or other amounts required to be paid by the Companies or any Affiliate with respect to the grant or vesting of the Appreciation Units or the payment of any Shares or other amounts attributable to the Appreciation
Units under this Agreement at such time as the Administrator determines. The Grantee authorizes the Companies and its Affiliates to withhold all required tax withholding amounts from any amounts payable under this Agreement or otherwise owed to the
Grantee. Unless the Administrator determines otherwise, any tax withholding obligation with respect to the payment of Shares shall be satisfied by having Shares withheld up to an amount that does not exceed the minimum applicable withholding tax
amount. 
 12. Grant Subject to Management Incentive Plan Provisions. This Award is made pursuant to the Management
Incentive Plan, the terms of which are incorporated herein by reference, and in all respects shall be interpreted in accordance with the Management Incentive Plan. The Award and any payments attributable to the vested Appreciation Units are subject
to interpretations, regulations, and determinations concerning the Management Incentive Plan established from time to time by the Administrator in accordance with the provisions of the Management Incentive Plan, including, but not limited to,
provisions pertaining to (i) the registration, qualification, or listing of the shares issued under the Management Incentive Plan, (ii) changes in capitalization, and (iii) requirements of applicable law. The Administrator shall have
the authority to interpret and construe the Appreciation Units pursuant to the terms of the Management Incentive Plan, and its decisions shall be conclusive as to any questions arising hereunder. By participating in the Management Incentive Plan,
the Grantee acknowledges that all decisions and determinations of the Administrator shall be final and binding on the Grantee, the Grantee’s beneficiaries, and any other persons having or claiming an interest under an Award. 

13. Effect on Employment. Neither the grant of the Appreciation Units, nor the issuance of Shares or other payments made in
accordance with this Agreement, shall give the Grantee any right to be retained in the employ of the Company, Lowerco, or any of their Affiliates, affect the right of the Company, Lowerco, or any of their Affiliates to discharge or discipline the
Grantee at any time, or affect any right of the Grantee to terminate the Grantee’s Employment at any time, subject to applicable local law and the terms of any employment agreement. 

14. Delay in Payments for Specified Employees. Notwithstanding anything in this Agreement to the contrary, if the Grantee is a
“specified employee” of a publicly traded corporation under Section 409A of the Code at the time of separation from service and if payment of any amount under this Agreement is required to be delayed for a period of six months after
the separation from service pursuant to Section 409A of the Code, payment of such amount shall be delayed as required by Section 409A of the Code, and the accumulated postponed amount shall be paid in a lump sum payment within ten days
after the end of the six-month period. If the Grantee dies during the postponement period prior to the payment of the postponed amount, the accumulated postponed amount shall be paid to the personal representative of the Grantee’s estate within
60 days after the date of the Grantee’s death. 
 15. Section 409A. It is intended that the Appreciation Units
awarded hereunder shall comply with the requirements of Section 409A of the Code (and any regulations and guidelines 

  
 -6-

 
issued thereunder), and this Agreement shall be interpreted on a basis consistent with such intent. Payments shall only be made upon an event and in a manner permitted by Section 409A of the
Code. Each payment under this Agreement is considered a separate payment for purposes of Section 409A of the Code. As provided under Section 409A, if calculation of the amount of a payment is not administratively practicable due to events
beyond the control of the Grantee, the payment will be treated as made upon the date specified hereunder if the payment is made during the first calendar year in which calculation of the amount of the payment is administratively practicable. This
Agreement may be amended without the consent of the Grantee in any respect deemed by the Administrator to be necessary in order to preserve compliance with Section 409A of the Code. No action or failure to act pursuant to this Section shall
subject the Companies or any Affiliate thereof to any claim, liability, or expense, and neither the Companies nor any Affiliate thereof shall have any obligation to indemnify or otherwise protect the Grantee from the obligation to pay any taxes
pursuant to Section 409A of the Code. 
 16. Nature of Grant; No Entitlement; No Claim for Compensation. The
Grantee, in accepting the Appreciation Units, represents and acknowledges the following: 
  

	 	(a)	The Management Incentive Plan was established voluntarily by the Company; it is discretionary in nature, and may be modified, amended, suspended, or terminated by the
Company at any time. 

  

	 	(b)	The grant of the Appreciation Units is voluntary and occasional and does not create any contractual or other right to receive future grants of awards, or benefits in
lieu of awards, even if awards have been granted repeatedly in the past. 

  

	 	(c)	All decisions with respect to future awards, if any, will be at the sole discretion of the Administrator. 

 

	 	(d)	The Appreciation Units and any Shares acquired under the Management Incentive Plan are extraordinary items that are outside the scope of the Grantee’s employment
contract, if any, and are not part of the Grantee’s normal or expected compensation or salary for any purpose, including, but not limited to, calculating any severance, resignation, termination, redundancy, or end of service payments, bonuses,
long-service awards, or pension or retirement or welfare benefits or similar payments. 

  

	 	(e)	The Appreciation Units and the Shares subject to the Appreciation Units are not intended to replace any pension rights or compensation. 

 

	 	(f)	The Grantee has not been induced to participate in the Management Incentive Plan by any expectation of employment or continued employment with the Company or any of its
Affiliates. 

  

	 	(g)	In the event that the Grantee’s Employer is not the Company, the grant of the Appreciation Units will not be interpreted to form an employment contract or
relationship with the Company and, furthermore, the grant of the Appreciation Units will not be interpreted to form an employment contract with the Grantee’s Employer or any Affiliate. 

  
 -7-

	 	(h)	The future value of the underlying Shares is unknown and cannot be predicted with certainty. If the Grantee vests in the Appreciation Units and receives Shares, the
value of the acquired Shares may increase or decrease. The Grantee understands that the Companies are not responsible for any foreign exchange fluctuation between the United States Dollar and the Grantee’s local currency that may affect the
value of the Appreciation Units or the Shares. 

  

	 	(i)	In consideration of the grant of the Appreciation Units, no claim or entitlement to compensation or damages shall arise from forfeiture of the Appreciation Units or
diminution in value of the Appreciation Units or any of the Shares issuable under the Appreciation Units from termination of the Grantee’s employment by the Company or the Grantee’s Employer, as applicable (and for any reason whatsoever
and whether or not in breach of contract or local labor laws), or notice to terminate employment having been given by the Grantee or the Grantee’s Employer, and the Grantee irrevocably releases the Grantee’s Employer, the Company, and its
Affiliates, as applicable, from any such claim that may arise; if, notwithstanding the foregoing, any such claim is found by a court of competent jurisdiction to have arisen, then, by signing this Agreement, the Grantee shall be deemed to have
irrevocably waived the Grantee’s entitlement to pursue such claim. 

 17. Data Privacy.

  

	 	(a)	The Grantee hereby explicitly and unambiguously consents to the collection, use, and transfer, in electronic or other form, of the Grantee’s personal data as
described in this Agreement by and among, as applicable, the Grantee’s Employer, the Company, and its Affiliates for the exclusive purpose of implementing, administering, and managing the Grantee’s participation in the Management Incentive
Plan. 

  

	 	(b)	The Grantee understands that the Grantee’s Employer, the Company, and its Affiliates, as applicable, hold certain personal information about the Grantee
regarding the Grantee’s employment, the nature and amount of the Grantee’s compensation, and the fact and conditions of the Grantee’s participation in the Management Incentive Plan, including, but not limited to, the Grantee’s
name, home address, telephone number and e-mail address, date of birth, social insurance number or other identification number, salary, nationality, job title, any shares of stock or directorships held in the Company and its Affiliates, and details
of all options, awards, or any other entitlement to shares of stock awarded, canceled, exercised, vested, unvested, or outstanding in the Grantee’s favor, for the purpose of implementing, administering, and managing the Management Incentive
Plan (the “Data”). 

  

	 	(c)	 The Grantee understands that the Data may be transferred to the Company, an Affiliate, and any third parties assisting in the implementation,
administration, and management of the Management Incentive Plan, that these recipients may be located in the Grantee’s country, or elsewhere, and that the recipient’s country may have different data privacy laws and

  
 -8-

	 	
protections than the Grantee’s country. The Grantee understands that the Grantee may request a list with the names and addresses of any potential recipients of the Data by contacting the
Grantee’s local human resources representative. The Grantee authorizes the recipients to receive, possess, use, retain, and transfer the Data, in electronic or other form, for the purposes of implementing, administering, and managing the
Grantee’s participation in the Management Incentive Plan, including any requisite transfer of such Data as may be required to a broker or other third party. The Grantee understands that the Data will be held only as long as is necessary to
implement, administer, and manage the Grantee’s participation in the Management Incentive Plan. The Grantee understands that the Grantee may, at any time, view the Data, request additional information about the storage and processing of the
Data, require any necessary amendments to the Data, or refuse or withdraw the consents herein, in any case without cost, by contacting in writing the Grantee’s local human resources representative. The Grantee understands, however, that
refusing or withdrawing the Grantee’s consent may affect the Grantee’s ability to participate in the Management Incentive Plan. For more information on the consequences of refusal to consent or withdrawal of consent, the Grantee
understands that the Grantee may contact the Grantee’s local human resources representative. 

 18.
Severability. If any provision of this Agreement, or part thereof, is held to be unenforceable, then it shall be reformed so as to be enforceable consistent with the parties’ intent. Only if such unenforceable provision (or part thereof)
cannot be reformed shall such provision (or part thereof) be severed from this Agreement and such unenforceability will not affect any other provision (or part thereof) of this Agreement. 

19. Compliance with Laws, Regulations, and Policies. The issuance of any Shares pursuant to the vested Appreciation Units shall be
subject to compliance by the Companies and the Grantee with all applicable requirements of law relating thereto (including, without limitation, foreign securities and exchange control requirements). The inability of the Companies to lawfully issue
Shares or the inability of the Companies and/or the Grantee to obtain approval from any regulatory body having authority deemed by the Companies to be necessary to the lawful issuance of any Shares hereby shall relieve the Companies of any liability
with respect to the non-issuance of the Shares. The Appreciation Units, and all Shares and other amounts payable pursuant to the Appreciation Units, are subject to the terms of any applicable clawback and other policies adopted by the Board.

 20. Adjustment of Awards. In addition to the authority to make adjustments pursuant to Section 7(b) of the
Management Incentive Plan, the Administrator may modify the terms of the Award as the Administrator deems appropriate, in good faith, to take account of a change in circumstances occasioned by a stock dividend or other similar distribution (whether
in the form of stock, other securities or other property), stock split or combination of shares (including a reverse stock split), recapitalization, conversion, reorganization, consolidation, split-up, spin-off, combination, merger, exchange of
stock, redemption or repurchase of all or part of the shares of any class of stock, any change in the capital structure of the Company or an Affiliate or other transaction or event (including a sale of a significant business of the Company or an
Affiliate). For the avoidance of doubt, pursuant to Section 7(b) of the Management Incentive Plan or the 

  
 -9-

 
preceding sentence, the Administrator may adjust any terms of the Award, including by increasing or decreasing the base price used for purposes of determining the value of Appreciation Units, as
the Administrator in its sole discretion deems appropriate to prevent enlargement or diminution of benefits intended to be provided under this Agreement. Without limiting the foregoing, to the extent consistent with Section 409A of the Code,
the Administrator may provide for the payment or accrual of amounts in cash, or for other adjustments to the Award, upon the payment of a cash dividend or distribution, or upon a substantially pro rata redemption or repurchase, with respect to
shares to which the Award relates. 
 21. Benefits Not Funded. The obligation to pay the Grantee’s Award shall at
all times be an unfunded and unsecured obligation of the Companies. The Companies shall not have any obligation to establish any trust or escrow arrangement, nor shall the Companies have any fiduciary relationship for the purpose of segregating
funds for the payment of the Award. The Grantee, and any other person with an interest under the Management Incentive Plan, shall look solely and exclusively to the general assets of the Companies for the payment of the Appreciation Units. The
interest of the Grantee, and any other person with an interest in the Management Incentive Plan, in any benefits that become payable under the Management Incentive Plan shall be no greater than that of an unsecured creditor of the Companies.

 22. Satisfaction of Claims. Any payment made to the Grantee or the Grantee’s legal representative or estate in
accordance with the terms of the Management Incentive Plan shall to the extent thereof be in full satisfaction of all claims with respect to that payment which such person may have against the Management Incentive Plan, the Administrator (or its
designate), or the Companies (or any Affiliate), any of whom may require the Grantee or the Grantee’s legal representative or estate, as a condition precedent to such payment, to execute a receipt and release in such form as shall be determined
by the Administrator. 
 23. Additional Terms and Conditions for Residents of Certain
Countries.3 The following are additional terms and
conditions that govern an Award granted to a Grantee resident in one of the countries listed below. In addition, if a Grantee relocates to one of the countries included below, the special terms and conditions for such country will apply to the
Grantee to the extent the Company determines that the application of such terms and conditions is necessary or advisable in order to comply with local law or facilitate the administration of the Management Incentive Plan. 

 

	 	(a)	For Residents of Australia: 

  

	 	(i)	This Agreement has been prepared for the purpose of providing general information, without taking account of the Grantee’s objectives, financial situation, or
needs. The Grantee should, before making any decisions, consider the appropriateness of the information in this Agreement, and seek professional advice, having regard to the Grantee’s objectives, financial situation, and needs.

  

	 	(ii)	The Companies are not licensed to provide financial product advice in Australia in relation to the Appreciation Units and recommend that the 

 

	3	Not all Agreements will include this Section. 

  
 -10-

	 	
Grantee read the Management Incentive Plan and this Agreement in full before making a decision to accept an offer of Appreciation Units. There is no cooling-off regime in Australia that
applies in respect of the offer of Appreciation Units. 

  

	 	(iii)	If the Grantee acquires Shares under the Management Incentive Plan and offers such Shares for sale to a person or entity resident in Australia, the offer may be subject
to disclosure requirements under Australian law. The Grantee should obtain legal advice on disclosure obligations prior to making any such offers. 

  

	 	(b)	For Residents of Canada: 

  

	 	(i)	Notwithstanding Section 11, the Grantee may elect (in accordance with the procedures established by the Company) to pay any withholding tax in cash. If the Grantee
does not make a timely election, then unless the Administrator determines otherwise, the Grantee will be deemed to have elected to pay the withholding tax by having the Company withhold Shares as provided in Section 11.

  

	 	(ii)	Additional Terms for Residents of Quebec: The following additional provisions apply for residents of Quebec: 

 

	 	A.	Data Privacy: The Grantee hereby authorizes the Companies’ representatives to discuss with and obtain all relevant information from all personnel,
professional or not, involved in the administration and operation of the Management Incentive Plan. The Grantee further authorizes the Companies and the Administrator which administers the Management Incentive Plan, to disclose and discuss the
Management Incentive Plan with their advisors. The Grantee further authorizes the Companies to record such information and to keep such information in the Grantee’s employee file. 

 

	 	B.	Language Consent. The parties acknowledge that it is their express wish that this Agreement, as well as all documents, notices, and legal proceedings entered
into, given, or instituted pursuant hereto or relating directly or indirectly hereto, be drawn up in English. 

Les parties reconnaissent avoir exigé la redaction en anglais de cette convention (“Agreement”), ainsi que de tous
documents exécutés, avis donnés et procedures judiciaries intentées, directement ou indirectement, relativement à la présente convention. 

 

	 	(c)	 For Residents of China: The issuance of Shares pursuant to the vested Appreciation Units shall be subject to compliance by the Companies and the
Grantee with all applicable requirements of the laws and rules of the People’s 

  
 -11-

	 	
Republic of China including, without limitation, the State Administration of Foreign Exchange (“SAFE”). Such laws and rules may require that the Shares be held in a Company-designated
brokerage account following issuance, that any acquired Shares be sold upon issuance or within a designated period of time following termination of employment and/or that sales proceeds from the sale of the Shares be remitted to the People’s
Republic of China and distributed to the Grantee in accordance with applicable requirements.  

  

	 	(d)	For Residents of Hong Kong: The Appreciation Units and the Shares to be issued upon vesting of the Appreciation Units do not constitute a public offer of
securities and are available only for employees of the Company or a subsidiary. 

 WARNING: The contents of the
Agreement and the Management Incentive Plan have not been reviewed by any regulatory authority in Hong Kong. The Grantee is advised to exercise caution in relation to the Appreciation Units. If the Grantee is in any doubt as to the contents of the
Agreement or the Management Incentive Plan, the Grantee should obtain independent professional advice. 
  

	 	(e)	For Residents of Singapore: The Appreciation Units have been granted pursuant to the “Qualifying Person” exemption” under section 273(1)(f) of the
Securities and Futures Act (Chapter 289, 2006 Ed.) (“SFA”). The Management Incentive Plan has not been lodged or registered as a prospectus with the Monetary Authority of Singapore. The Grantee should note that the Appreciation Units are
subject to section 257 of the SFA and Grantee will not be able to make (i) any subsequent sale of the Shares in Singapore or (ii) any offer of such subsequent sale of the Shares subject to the Appreciation Units in Singapore, unless such
sale or offer is made pursuant to the exemptions under Part XIII Division (1) Subdivision (4) (other than section 280) of the SFA (Chapter 289, 2006 Ed.). 

 

	 	(f)	For Residents of Switzerland: The grant of the Appreciation Units under the Management Incentive Plan is considered a private offering in Switzerland and is,
therefore, not subject to registration in Switzerland. 

 24. Governing Law. This Agreement and all claims
arising out of or based upon this Agreement or relating to the subject matter hereof shall be governed by and construed in accordance with the domestic substantive laws of the State of Delaware without giving effect to any choice or conflict of laws
provision or rule that would cause the application of the domestic substantive laws of any other jurisdiction. 
 [SIGNATURE
PAGE FOLLOWS] 

  
 -12-

 By acceptance of the Appreciation Units, the undersigned agrees hereby to become a party to,
and be bound by the terms of, the Stockholders Agreement as a “Manager” as defined therein, this Agreement, and the Management Incentive Plan. 
 Executed as of the Date of Grant. 
  

							
	SunGard Capital Corp. and	 		 	SUNGARD CAPITAL CORP.
	SunGard Capital Corp. II	 		 	SUNGARD CAPITAL CORP. II
				
		 		 	By:	 	  

 Grantee 

I ACKNOWLEDGE THAT I HAVE RECEIVED A COPY OF
THIS AGREEMENT AND CERTAIN RELATED INFORMATION, AND THAT I HAVE READ AND
UNDERSTOOD THESE DOCUMENTS. I ACCEPT AND AGREE TO ALL OF THE PROVISIONS
OF THIS AGREEMENT. I AGREE THAT ALL DECISIONS AND DETERMINATIONS OF THE
ADMINISTRATOR SHALL BE FINAL AND BINDING ON ME AND ON ANY OTHER
PERSON HAVING OR CLAIMING A RIGHT UNDER THIS AGREEMENT. 

 

	
	  

	Grantee

  
 -13-

 Schedule A 
 Vesting Schedule 
 Subject to continued Employment with the Employer, the Appreciation
Units shall vest as follows: 
  

			
	 Vesting Date
	  	 Appreciation Units that Vest on the Vesting Date

		  	
		  	
		  	
		  	

  
 -14-

 Exhibit A 
 Restrictive Covenants 
 1. The “Restricted Period” means the
period during the Grantee’s Employment and continuing until the date that is six months following the final delivery of Shares under this Agreement. The “Post-Termination Restricted Period” is that portion of the Restricted Period
beginning on the Grantee’s Date of Termination and ending on the six month anniversary of the date of final delivery of Shares under this Agreement. “Date of Termination” means the date that the termination of the Grantee’s
Employment with Employer is effective on account of the Grantee’s death, the Grantee’s Disability, or termination by Employer or by the Grantee, as the case may be. 
 2. Except as noted in subsection 2(c), 
  

	 	(a)	The Grantee will not render services during the Restricted Period for any organization or engage directly or indirectly in any business which, in the judgment and sole
determination of the Chief Executive Officer of the Company (the “CEO”) or another senior officer designated by the Committee, is or becomes competitive with any business of the Company and/or its Affiliates (together, for purposes of this
Exhibit A, “Company”) with respect to which the Grantee had significant involvement or responsibility during his or her Employment (the “Grantee’s Business”), or which organization or business, or the rendering of services
to such organization or business, is or becomes otherwise prejudicial to or in conflict with the interests of the Company with respect to the Grantee’s Business. The foregoing covenant shall apply to any such business or organization that
operates in the same geographic location anywhere in the world in which the Grantee’s Business operates, unless Grantee’s responsibilities were limited to a defined territory or market. If Grantee’s responsibilities were limited to a
defined territory or market, then this covenant will apply only to any territory or market for which Grantee was responsible during the last two years of Grantee’s employment with the Company. If the Grantee’s Employment with the Company
has terminated, the judgment of the CEO or other designated officer will be based on the Grantee’s position and responsibilities while employed by the Company, the Grantee’s post-employment responsibilities, and position with the other
organization or business, the extent of past, current, and potential competition or conflict between the Company and the other organization or business, the effect on the Company’s customers, suppliers, employees, and competitors of the
Grantee’s assuming the post-employment position, and such other considerations as are deemed relevant given the applicable facts and circumstances. 

  

	 	(b)	 During the Restricted Period, the Grantee will not solicit or contact at any time, directly or through others, for the purpose or with the effect of
competing or interfering with or harming any part of the Company’s business, (a) any customer or acquisition target under contract with the Company at any time during the last two years of the Grantee’s Employment with the Company;
(b) any prospective customer or acquisition target that received or requested a proposal, offer, or letter of intent from the Company at any time during the last two years of the Grantee’s Employment with the Company; (c) any
affiliate of any such customer or 

  
 -15-

	 	
prospect; and (d) any of the individual contacts established by the Company or the Grantee or others at the Company during the period of the Grantee’s Employment with the Company.

  

	 	(c)	The foregoing covenants shall apply to the Post-Termination Restricted Period only if the Grantee was not a resident of California on the Grantee’s Date of
Termination and is not a resident of California during the Post-Termination Restricted Period. 

 3. At all times
during the Grantee’s Employment and after the Grantee’s Date of Termination, the Grantee will not disclose to anyone outside the Company, or use other than in and for the sole benefit of the Company’s business, any confidential or
proprietary information or material relating to the business of the Company (“Proprietary Information”) acquired or developed by the Grantee during Employment with the Company. The Grantee understands that the Company’s Proprietary
Information includes, by way of example and not limitation, the following information that is not generally available to the public nor readily ascertainable by the public, which has been subject to reasonable procedures of confidentiality, and has
value to the Company’s business and, if disclosed, likely would have value to the business of the Company’s competitors: (a) the identity of customers and prospects, their specific requirements, and the names, addresses and telephone
numbers of individual contacts; (b) prices, renewal dates and other detailed terms of customer and supplier contracts and proposals; (c) pricing policies, information about costs, profits and sales, methods of delivering software and
services, marketing and sales strategies, and software and service development strategies; (d) source code, object code, specifications, user manuals, technical manuals and other documentation for software products; (e) screen designs,
report designs and other designs, concepts and visual expressions for software products; (f) employment and payroll records; (g) forecasts, budgets, acquisition models and other non-public financial information including performance
targets for incentive based awards; and (h) expansion plans, business or development plans, management policies, information about possible acquisitions or divestitures, potential new products, markets or market extensions, and other business
and acquisition strategies and policies. Proprietary Information does not include information that is generally available to, or known by, the public without violation of any applicable trade secret law or breach of a contractual covenant of
confidentiality by Employee or any current or former employee, contractor or others in such relationships with the Company. 

4. The Grantee will promptly communicate to the Company, in writing, all marketing strategies, product ideas, software designs and
concepts, software enhancement and improvement ideas, and other ideas and inventions (collectively, “works and ideas”) pertaining to the Company’s business, whether or not patentable or copyrightable, that are made, written,
developed, conceived or reduced to practice by the Grantee, alone or with others, at any time (during or after business hours) while the Grantee is employed by the Company or during the three months after the Grantee’s Date of Termination. The
Grantee understands that all of those works and ideas will be the Company’s exclusive property, and by accepting the Appreciation Units the Grantee hereby assigns all the Grantee’s right, title and interest in those works and ideas to the
Company. The Grantee will sign all documents which the Company deems necessary to confirm its ownership of those works and ideas, and the Grantee will cooperate fully with the Company to allow the Company to take full advantage of those works and
ideas, including the securing of patent and/or copyright protection and/or other similar rights in the United States and in foreign countries. Works and ideas, whether or not patentable or copyrightable, made, written, developed, conceived or
reduced to practice by the Grantee, alone 

  
 -16-

 
or with others, not subject to compelled assignment under this Section 4 are those that meet each of the following criteria: (a) are or were developed entirely on Grantee’s own
time; and (b) are or were developed without use of any equipment, supplies, facility or Proprietary Information of the Company; and (c) (i) do not relate, at the time made, written, developed, conceived or reduced to practice, to the
Company’s business or its actual or demonstrably anticipated research, development or business plans, or (ii) do not result from any service provided or work performed by Grantee for the Company. 

5. During the Restricted Period, the Grantee will not solicit or encourage, directly or indirectly, 

 

	 	(a)	any individual who is an employee or independent contractor of the Company during the Restricted Period (“Service Provider”), and also was an employee or
independent contractor of the Company within the six months before Grantee’s Date of Termination, to terminate or reduce such employee’ or independent contractor’s relationship with the Company. 

 

	 	(b)	by use of any Proprietary Information, any Service Provider to terminate or reduce his, her or its employment or independent contractor relationship with the Company.

 6. If any provision of this Exhibit A, or part thereof, is held to be unenforceable due to being overbroad with
respect to time, geography or scope, then it shall be reformed so as to be enforceable consistent with the Company’s intent to award Appreciation Units only to Grantees who are contractually bound to protect, to the maximum extent permitted by
applicable law, the Company’s Proprietary Information, business goodwill, relationships with customers, prospective customers, vendors and Service Providers, as well as the Company’s works and ideas. Only if such unenforceable provision
(or part thereof) cannot be reformed, shall such provision (or part thereof) be severed from this Exhibit A and such unenforceability will not affect any other provision (or part thereof) of this Exhibit A or the Agreement of which this Exhibit A is
a part. 

  
 -17-EX-10.1

 Exhibit 10.1 
 CLOVIS ONCOLOGY, INC. 
 INDEMNIFICATION AGREEMENT 

This Indemnification Agreement (this “Agreement”) is dated as of June 13, 2013, and is between Clovis
Oncology, Inc., a Delaware corporation (the “Company”), and Ginger Graham (“Indemnitee”). 
 RECITALS 
 A. Indemnitee’s service to the Company substantially
benefits the Company. 
 B. Individuals are reluctant to serve as directors or officers of corporations or in certain other
capacities unless they are provided with adequate protection through insurance or indemnification against the risks of claims and actions against them arising out of such service. 

C. Indemnitee does not regard the protection currently provided by applicable law, the Company’s governing documents and any
insurance as adequate under the present circumstances, and Indemnitee may not be willing to serve as a director or officer without additional protection. 
 D. In order to induce Indemnitee to continue to provide services to the Company, it is reasonable, prudent and necessary for the Company to contractually obligate itself to indemnify, and to advance
expenses on behalf of, Indemnitee as permitted by applicable law. 
 E. This Agreement is a supplement to and in furtherance of
the indemnification provided in the Company’s certificate of incorporation and bylaws, and any resolutions adopted pursuant thereto, and this Agreement shall not be deemed a substitute therefor, nor shall this Agreement be deemed to limit,
diminish or abrogate any rights of Indemnitee thereunder. 
 The parties therefore agree as follows: 

1. Definitions.  
 (a) “Corporate Status” describes the status of a person who is or was a director, trustee, general partner, managing member, officer, employee, agent or fiduciary of the Company or
any other Enterprise. 
 (b) “DGCL” means the General Corporation Law of the State of Delaware.

 (c) “Disinterested Director” means a director of the Company who is not and was not a party to the
Proceeding in respect of which indemnification is sought by Indemnitee. 
 (d) “Enterprise” means the
Company and any other corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other enterprise of which Indemnitee is or was serving at the request of the Company as a director, trustee, general partner,
managing member, officer, employee, agent or fiduciary. 

 (e) “Expenses” include all reasonable attorneys’ fees,
retainers, court costs, transcript costs, fees and costs of experts, witness fees, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, and all other disbursements or expenses of the
types customarily incurred in connection with prosecuting, defending, preparing to prosecute or defend, investigating, being or preparing to be a witness in, or otherwise participating in, a Proceeding. Expenses also include (i) Expenses
incurred in connection with any appeal resulting from any Proceeding, including without limitation the premium, security for, and other costs relating to any cost bond, supersedeas bond or other appeal bond or their equivalent, and (ii) for
purposes of Section 12(b), Expenses incurred by Indemnitee in connection with the interpretation, enforcement or defense of Indemnitee’s rights under this Agreement or under any directors’ and officers’ liability insurance
policies maintained by the Company. Expenses, however, shall not include amounts paid in settlement by Indemnitee or the amount of judgments, penalties or fines against Indemnitee. 

(f) “Independent Counsel” means a law firm, or a partner or member of a law firm, that is experienced in matters
of corporation law and neither presently is, nor in the past five years has been, retained to represent (i) the Company or Indemnitee in any matter material to either such party (other than as Independent Counsel with respect to matters
concerning Indemnitee under this Agreement, or other indemnitees under similar indemnification agreements), or (ii) any other party to the Proceeding giving rise to a claim for indemnification hereunder. Notwithstanding the foregoing, the term
“Independent Counsel” shall not include any person who, under the applicable standards of professional conduct then prevailing, would have a conflict of interest in representing either the Company or Indemnitee in an action
to determine Indemnitee’s rights under this Agreement. 
 (g) “Proceeding” means any threatened,
pending or completed action, suit, arbitration, mediation, alternate dispute resolution mechanism, investigation, inquiry, administrative hearing or proceeding, whether brought in the right of the Company or otherwise and whether of a civil,
criminal, administrative or investigative nature, including any appeal therefrom and including without limitation any such Proceeding pending as of the date of this Agreement, in which Indemnitee was, is or will be involved as a party, a potential
party, a non-party witness or otherwise by reason of (i) the fact that Indemnitee is or was a director or officer of the Company, (ii) any action taken by Indemnitee or any action or inaction on Indemnitee’s part while acting as a
director or officer of the Company, or (iii) the fact that he or she is or was serving at the request of the Company as a director, trustee, general partner, managing member, officer, employee, agent or fiduciary of the Company or any other
Enterprise, in each case whether or not serving in such capacity at the time any liability or Expense is incurred for which indemnification or advancement of expenses can be provided under this Agreement. 

(h) Reference to “other enterprises” shall include employee benefit plans; references to
“fines” shall include any excise taxes assessed on a person with respect to any employee benefit plan; references to “serving at the request of the Company” shall include any service as a director,
officer, employee or agent of the Company which imposes duties on, or involves services by, such director, officer, employee or agent with respect to an employee benefit plan, its participants or beneficiaries; and a person who acted in good faith
and in a manner he or she reasonably believed to be in the best interests of the participants and beneficiaries of an employee benefit plan shall be deemed to have acted in a manner “not opposed to the best interests of the
Company” as referred to in this Agreement. 
 2. Indemnity in Third-Party Proceedings. The Company shall
indemnify Indemnitee in accordance with the provisions of this Section 2 if, by reason of his or her Corporate Status, Indemnitee is, or is threatened to be made, a party to or a participant in any Proceeding, other than a Proceeding by or in
the right of the Company to procure a judgment in its favor. Pursuant to this Section 2, Indemnitee shall be indemnified to the fullest extent permitted by applicable law against all Expenses, judgments, fines and amounts paid in settlement
actually and reasonably incurred by Indemnitee or on his or her behalf in connection with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in good faith and in a manner he or she reasonably believed to be in or not opposed
to the best interests of the Company and, with respect to any criminal Proceeding, had no reasonable cause to believe that his or her conduct was unlawful. 

  
 -2-

 3. Indemnity in Proceedings by or in the Right of the Company. The Company shall
indemnify Indemnitee in accordance with the provisions of this Section 3 if, by reason of his or her Corporate Status, Indemnitee is, or is threatened to be made, a party to or a participant in any Proceeding by or in the right of the Company
to procure a judgment in its favor. Pursuant to this Section 3, Indemnitee shall be indemnified to the fullest extent permitted by applicable law against all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf
in connection with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company. No indemnification for Expenses
shall be made under this Section 3 in respect of any claim, issue or matter in such Proceeding as to which Indemnitee shall have been adjudged by a court of competent jurisdiction to be liable to the Company, unless and only to the extent that
the Delaware Court of Chancery or any court in which the Proceeding was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, Indemnitee is fairly and reasonably
entitled to indemnification for such expenses as the Delaware Court of Chancery or such other court shall deem proper. Anything in this Agreement to the contrary notwithstanding, if the Indemnitee, by reason of the Indemnitee’s Corporate
Status, is or was, or is or was threatened to be made, a party to any Proceeding by or in the right of the Company to procure a judgment in its favor, then the Company shall not indemnify the Indemnitee for any judgment, fines, or amounts paid in
settlement to the Company in connection with such Proceeding. 
 4. Indemnification for Expenses of a Party Who is Wholly or
Partly Successful. To the extent that Indemnitee, by reason of his or her Corporate Status, is a party to or a participant in and is successful (on the merits or otherwise) in defense of any Proceeding or any claim, issue or matter therein, the
Company shall indemnify Indemnitee against all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection therewith. To the extent permitted by applicable law, if Indemnitee is not wholly successful in such
Proceeding but is successful, on the merits or otherwise, in defense of one or more but less than all claims, issues or matters in such Proceeding, the Company shall indemnify Indemnitee against all Expenses actually and reasonably incurred by
Indemnitee or on Indemnitee’s behalf in connection with each successfully resolved claim, issue or matter. For purposes of this section, the termination of any claim, issue or matter in such a Proceeding by dismissal, with or without prejudice,
shall be deemed to be a successful result as to such claim, issue or matter. 
 5. Indemnification for Expenses of a
Witness. To the extent that Indemnitee is, by reason of his or her Corporate Status, a witness, or is or was made (or asked) to respond to discovery requests, in any Proceeding to which Indemnitee is not a party, Indemnitee shall be indemnified
to the fullest extent permitted by applicable law against all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection therewith. 
 6. Additional Indemnification. 
 (a) Notwithstanding any limitation in
Sections 2, 3 or 4, the Company shall indemnify Indemnitee to the fullest extent permitted by applicable law if Indemnitee, by reason of his or her Corporate Status, is, or is threatened to be made, a party to or a participant in any Proceeding
(including a Proceeding by or in the right of the Company to procure a judgment in its favor) against all Expenses, judgments, fines and amounts paid in settlement actually and reasonably incurred by Indemnitee or on his or her behalf in connection
with the Proceeding or any claim, issue or matter therein. 

  
 -3-

 (b) For purposes of Section 6(a), the meaning of the phrase “to the fullest
extent permitted by applicable law” shall include, but not be limited to: 
 (i) the fullest extent permitted by
the provision of the DGCL that authorizes or contemplates additional indemnification by agreement, or the corresponding provision of any amendment to or replacement of the DGCL; and 

(ii) the fullest extent authorized or permitted by any amendments to or replacements of the DGCL adopted after the date of this Agreement
that increase the extent to which a corporation may indemnify its officers and directors. 
 7. Exclusions.
Notwithstanding any provision in this Agreement, the Company shall not be obligated under this Agreement to make any indemnity in connection with any Proceeding (or any part of any Proceeding): 

(a) for which payment has actually been made to or on behalf of Indemnitee under any statute, insurance policy, indemnity provision, vote
or otherwise, except with respect to any excess beyond the amount paid, and except as may otherwise be agreed between the Company, on the one hand, and Indemnitee or another indemnitor of Indemnitee, on the other; 

(b) for an accounting or disgorgement of profits pursuant to Section 16(b) of the Securities Exchange Act of 1934, as amended, or
similar provisions of federal, state or local statutory law or common law, if Indemnitee is held liable therefor (including pursuant to any settlement arrangements); 
 (c) for any reimbursement of the Company by Indemnitee of any bonus or other incentive-based or equity-based compensation or of any profits realized by Indemnitee from the sale of securities of the
Company, as required in each case under the Securities Exchange Act of 1934, as amended (including any such reimbursements that arise from an accounting restatement of the Company pursuant to Section 304 of the Sarbanes-Oxley Act of 2002 (the
“Sarbanes-Oxley Act”), or the payment to the Company of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 306 of the Sarbanes-Oxley Act), if Indemnitee is held liable therefor
(including pursuant to any settlement arrangements); 
 (d) initiated by Indemnitee, including any Proceeding (or any part of any
Proceeding) initiated by Indemnitee against the Company or its directors, officers, employees, agents or other indemnitees, unless (i) the Company’s board of directors authorized the Proceeding (or the relevant part of the Proceeding)
prior to its initiation, (ii) the Company provides the indemnification, in its sole discretion, pursuant to the powers vested in the Company under applicable law, (iii) otherwise authorized in Section 12(b) or (iv) otherwise
required by applicable law; or 
 (e) if prohibited by applicable law. 

8. Advances of Expenses. The Company shall advance the Expenses incurred by Indemnitee in connection with any Proceeding in which
Indemnitee is, or is threatened to be made, a party to or a participant in by reason of Indemnitee’s Corporate Status, and such advancement shall be made as soon as reasonably practicable, but in any event no later than 60 days, after the
receipt by the Company of a written statement or statements from Indemnitee requesting such advances from time to time (which shall include invoices received by Indemnitee in connection with such Expenses or otherwise reasonably evidence the
Expenses incurred by Indemnitee, but, in the case of invoices in connection with legal services, any references to legal work performed or to expenditure made that would cause Indemnitee to waive any privilege accorded by applicable law shall not be
included with the invoice). Advances shall be unsecured and interest free and made without regard to Indemnitee’s ability to repay such advances. Indemnitee hereby undertakes to repay any advance to the extent that it is ultimately determined
that Indemnitee is not entitled to be indemnified by the Company. This Section 8 shall not apply to the extent advancement is prohibited by law and shall not apply to any Proceeding for which indemnity is not permitted under this Agreement, but
shall apply to any Proceeding referenced in Section 7(b) or 7(c) prior to a determination that Indemnitee is not entitled to be indemnified by the Company. 

  
 -4-

 9. Procedures for Notification and Defense of Claim. 

(a) Indemnitee shall notify the Company in writing upon being served with or otherwise receiving any summons, citation, subpoena,
complaint, indictment or other document relating to any Proceeding or any matter which may be subject to indemnification covered hereunder with respect to which Indemnitee intends to seek indemnification or advancement of Expenses as soon as
reasonably practicable following the receipt by Indemnitee thereof. The written notification to the Company shall include, in reasonable detail, a description of the nature of the Proceeding and the facts underlying the Proceeding. The failure by
Indemnitee to notify the Company will not relieve the Company from any liability which it may have to Indemnitee hereunder or otherwise than under this Agreement, and any delay in so notifying the Company shall not constitute a waiver by Indemnitee
of any rights, except to the extent that such failure or delay materially prejudices the Company. 
 (b) If, at the time of the
receipt of a notice of a Proceeding pursuant to the terms hereof, the Company has directors’ and officers’ liability insurance in effect, the Company shall give prompt notice of the commencement of the Proceeding to the insurers in
accordance with the procedures set forth in the applicable policies. The Company shall thereafter take all reasonably necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such
Proceeding in accordance with the terms of such policies. 
 (c) In the event the Company may be obligated to make any indemnity
in connection with a Proceeding, the Company shall be entitled to assume the defense of such Proceeding with counsel approved by Indemnitee, which approval shall not be unreasonably withheld, upon the delivery to Indemnitee of written notice of its
election to do so. After delivery of such notice, approval of such counsel by Indemnitee and the retention of such counsel by the Company, the Company will not be liable to Indemnitee for any fees or expenses of counsel subsequently incurred by
Indemnitee with respect to the same Proceeding. Notwithstanding the Company’s assumption of the defense of any such Proceeding, the Company shall be obligated to pay the fees and expenses of Indemnitee’s counsel to the extent (i) the
employment of counsel by Indemnitee is authorized by the Company, (ii) counsel for the Company or Indemnitee shall have reasonably concluded that there is a conflict of interest between the Company and Indemnitee in the conduct of any such
defense such that Indemnitee needs to be separately represented, (iii) the Company is not financially or legally able to perform its indemnification obligations or (iv) the Company shall not have retained, or shall not continue to retain,
such counsel to defend such Proceeding. The Company shall have the right to conduct such defense as it sees fit in its sole discretion. Regardless of any provision in this Agreement, Indemnitee shall have the right to employ counsel in any
Proceeding at Indemnitee’s personal expense. The Company shall not be entitled, without the consent of Indemnitee, to assume the defense of any claim brought by or in the right of the Company. 

(d) Indemnitee shall give the Company such information and cooperation in connection with the Proceeding as may be reasonably appropriate.

  
 -5-

 (e) The Company shall not be liable to indemnify Indemnitee for any settlement of any
Proceeding (or any part thereof) without the Company’s prior written consent, which shall not be unreasonably withheld. 

10. Procedures upon Application for Indemnification.  
 (a) To obtain indemnification, Indemnitee shall submit to the Company a written request, including therein or therewith such documentation and information as is reasonably available to Indemnitee and as
is reasonably necessary to determine whether and to what extent Indemnitee is entitled to indemnification following the final disposition of the Proceeding. The Company shall, promptly after receipt of such a request for indemnification, advise the
board of directors that Indemnitee has requested indemnification. Any delay in providing the request will not relieve the Company from its obligations under this Agreement, except to the extent such failure is prejudicial. 

(b) Upon written request by Indemnitee for indemnification pursuant to Section 10(a), a determination with respect to
Indemnitee’s entitlement thereto shall be made in the specific case (A) by a majority vote of the Disinterested Directors, even though less than a quorum of the Company’s board of directors, (B) by a committee of Disinterested
Directors designated by a majority vote of the Disinterested Directors, even though less than a quorum of the Company’s board of directors, (C) if there are no such Disinterested Directors or, if such Disinterested Directors so direct, by
Independent Counsel in a written opinion to the Company’s board of directors, a copy of which shall be delivered to Indemnitee or (D) if so directed by the Company’s board of directors, by the stockholders of the Company. If the
determination of entitlement to indemnification is to be made by Independent Counsel pursuant to this Section 10(b), the Independent Counsel shall be selected by the Board of Directors and approved by Indemnitee. Upon failure of the Board of
Directors to so select, or upon the failure of Indemnitee to so approve, such Independent Counsel shall be selected by the Court of Chancery of the State of Delaware or such other person or body as the Indemnitee and the Company may agree in
writing. If the person making such determination shall determine that Indemnitee is entitled to indemnification as to part (but not all) of the application for indemnification, such person shall reasonably pro-rate such part of indemnification among
such claims, issues or matters. If it is so determined that Indemnitee is entitled to indemnification, payment to Indemnitee shall be made within ten days after such determination. Indemnitee shall cooperate with the person, persons or entity making
the determination with respect to Indemnitee’s entitlement to indemnification, including providing to such person, persons or entity upon reasonable advance request any documentation or information that is not privileged or otherwise protected
from disclosure and that is reasonably available to Indemnitee and reasonably necessary to such determination. Any costs or expenses (including attorneys’ fees and disbursements) reasonably incurred by Indemnitee in so cooperating with the
person, persons or entity making such determination shall be borne by the Company, to the fullest extent permitted by applicable law. 
 11. Presumptions and Effect of Certain Proceedings. 
 (a) The
termination of any Proceeding or of any claim, issue or matter therein, by judgment, order, settlement or conviction, or upon a plea of nolo contendere or its equivalent, shall not (except as otherwise expressly provided in this Agreement) of
itself create a presumption that Indemnitee did not act in good faith and in a manner which he or she reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, that Indemnitee had
reasonable cause to believe that his or her conduct was unlawful. 

  
 -6-

 (b) For purposes of any determination of good faith, Indemnitee shall be deemed to have
acted in good faith to the extent Indemnitee relied in good faith on (i) the records or books of account of the Enterprise, including financial statements, (ii) information supplied to Indemnitee by the officers of the Enterprise in the
course of their duties, (iii) the advice of legal counsel for the Enterprise or its board of directors or counsel selected by any committee of the board of directors or (iv) information or records given or reports made to the Enterprise by
an independent certified public accountant, an appraiser, investment banker or other expert selected with reasonable care by the Enterprise or its board of directors or any committee of the board of directors. The provisions of this
Section 11(b) shall not be deemed to be exclusive or to limit in any way the other circumstances in which Indemnitee may be deemed to have met the applicable standard of conduct set forth in this Agreement. 

(c) Neither the knowledge, actions nor failure to act of any other director, officer, agent or employee of the Enterprise shall be imputed
to Indemnitee for purposes of determining the right to indemnification under this Agreement. 
 (d) Indemnitee shall cooperate
with the person, persons or entity making such determination with respect to Indemnitee’s entitlement to indemnification, including providing to such person, persons or entity upon reasonable advance request any documentation or information
which is not privileged or otherwise protected from disclosure and which is reasonably available to Indemnitee and reasonably necessary to such determination. Any Independent Counsel or member of the Board of Directors shall act reasonably and in
good faith in making a determination regarding the Indemnitee’s entitlement to indemnification under this Agreement. Any costs or expenses (including attorneys’ fees and disbursements) incurred by Indemnitee in so cooperating with the
person, persons or entity making such determination shall be borne by the Company (irrespective of the determination as to Indemnitee’s entitlement to indemnification) and the Company hereby indemnifies and agrees to hold Indemnitee harmless
therefrom. 
 (e) The Company acknowledges that a settlement or other disposition short of final judgment may be successful if it
permits a party to avoid expense, delay, distraction, disruption and uncertainty. In the event that any Proceeding to which Indemnitee is a party is resolved in any manner other than by adverse judgment against Indemnitee (including, without
limitation, settlement of such action, claim or proceeding with or without payment of money or other consideration) it shall be presumed that Indemnitee has been successful on the merits or otherwise in such Proceeding. Anyone seeking to overcome
this presumption shall have the burden of proof and the burden of persuasion by clear and convincing evidence. 
 12.
Remedies of Indemnitee. 
 (a) Subject to Section 12(d), in the event that (i) a determination is made pursuant
to Section 10 of this Agreement that Indemnitee is not entitled to indemnification under this Agreement, (ii) advancement of Expenses is not timely made pursuant to Section 8 or 12(b) of this Agreement, (iii) no determination of
entitlement to indemnification shall have been made pursuant to Section 10 of this Agreement within 90 days after the later of the receipt by the Company of the request for indemnification or the final disposition of the Proceeding,
(iv) payment of indemnification pursuant to this Agreement is not made (A) within ten days after a determination has been made that Indemnitee is entitled to indemnification or (B) with respect to indemnification pursuant to
Sections 4, 5 and 12(b) of this Agreement, within 30 days after receipt by the Company of a written request therefor, or (v) the Company or any other person or entity takes or threatens to take any action to declare this Agreement void or
unenforceable, or institutes any litigation or other action or proceeding designed to deny, or to recover from, Indemnitee the benefits provided or intended to be provided to Indemnitee hereunder, Indemnitee shall be entitled to an adjudication by a
court of competent jurisdiction of his or her entitlement to such indemnification or advancement of Expenses. Alternatively, Indemnitee, at his or her option, may seek an award in arbitration with respect to his or her entitlement to such
indemnification or advancement of Expenses, to be conducted by a single arbitrator pursuant to the Commercial Arbitration Rules of the American Arbitration Association. Indemnitee shall commence such proceeding seeking an adjudication or an award in
arbitration within 180 days following the date on which Indemnitee first has the right to commence such proceeding pursuant to this Section 12(a); provided, however, that the foregoing clause shall not apply in respect of a proceeding
brought by Indemnitee to enforce his or her rights under Section 4 of this Agreement. The Company shall not oppose Indemnitee’s right to seek any such adjudication or award in arbitration in accordance with this Agreement. 

  
 -7-

 (b) Neither (i) the failure of the Company, its board of directors, any committee or
subgroup of the board of directors, Independent Counsel or stockholders to have made a determination that indemnification of Indemnitee is proper in the circumstances because Indemnitee has met the applicable standard of conduct, nor (ii) an
actual determination by the Company, its board of directors, any committee or subgroup of the board of directors, Independent Counsel or stockholders that Indemnitee has not met the applicable standard of conduct, shall be a defense to the action or
create a presumption that Indemnitee has or has not met the applicable standard of conduct. In the event that a determination shall have been made pursuant to Section 10 of this Agreement that Indemnitee is not entitled to indemnification, any
judicial proceeding or arbitration commenced pursuant to this Section 12 shall be conducted in all respects as a de novo trial, or arbitration, on the merits, and Indemnitee shall not be prejudiced by reason of that adverse
determination. In connection with any determination (including a determination by the Court of Chancery of the State of Delaware (or other court of competent jurisdiction)) with respect to entitlement to indemnification hereunder, the Company shall,
to the fullest extent not prohibited by law, have the burden of proving Indemnitee is not entitled to indemnification or advancement of Expenses, as the case may be, and any decision that Indemnitee is not entitled to indemnification or advancement
of Expenses must be supported by clear and convincing evidence. 
 (c) To the fullest extent permissible under applicable law,
the Company shall indemnify Indemnitee against all Expenses that are incurred by Indemnitee in connection with any action for indemnification or advancement of Expenses from the Company under this Agreement or under any directors’ and
officers’ liability insurance policies maintained by the Company to the extent Indemnitee is successful in such action, and, if requested by Indemnitee, shall (as soon as reasonably practicable, but in any event no later than 60 days, after
receipt by the Company of a written request therefor) advance such Expenses to Indemnitee, subject to the provisions of Section 8. 
 (d) Notwithstanding anything in this Agreement to the contrary, no determination as to entitlement to indemnification shall be required to be made prior to the final disposition of the Proceeding.

 13. Contribution.  
 (a) To the fullest extent permissible under applicable law, whether or not the indemnification provided in Sections 2, 3, 4, or 6 hereof is available, in respect of any threatened, pending or completed
Proceeding in which the Company is jointly liable with Indemnitee (or would be if joined in such Proceeding), the Company shall pay, in the first instance, the entire amount of any judgment or settlement of such Proceeding without requiring
Indemnitee to contribute to such payment, and the Company hereby waives and relinquishes any right of contribution it may have against Indemnitee. The Company shall not enter into any settlement of any Proceeding in which the Company is jointly
liable with Indemnitee (or would be if joined in such Proceeding) unless such settlement provides for a full and final release of all claims asserted against Indemnitee. 

  
 -8-

 (b) To the fullest extent permissible under applicable law, without diminishing or impairing
the obligations of the Company set forth in the preceding subparagraph, if, for any reason, Indemnitee shall elect or be required to pay all or any portion of any judgment or settlement in any threatened, pending or completed Proceeding in which the
Company is jointly liable with Indemnitee (or would be if joined in such Proceeding), the Company shall contribute to the amount of Expenses, judgments, fines, liabilities and amounts paid in settlement actually incurred and paid or payable by
Indemnitee in proportion to the relative benefits received by the Company and all officers, directors or employees of the Company, other than Indemnitee, who are jointly liable with Indemnitee (or would be if joined in such Proceeding), on the one
hand, and Indemnitee, on the other hand, from the transaction from which such Proceeding arose; provided, however, that the proportion determined on the basis of relative benefit may, to the extent necessary to conform to law, be further adjusted by
reference to the relative fault of the Company and all officers, directors or employees of the Company, other than Indemnitee, who are jointly liable with Indemnitee (or would be if joined in such Proceeding), on the one hand, and Indemnitee, on the
other hand, in connection with the events that resulted in such expenses, judgments, fines, liabilities or settlement amounts, as well as any other equitable considerations which the law may require to be considered. The relative fault of the
Company and all officers, directors or employees of the Company, other than Indemnitee, who are jointly liable with Indemnitee (or would be if joined in such Proceeding), on the one hand, and Indemnitee, on the other hand, shall be determined by
reference to, among other things, the degree to which their actions were motivated by intent to gain personal profit or advantage, the degree to which their liability is primary or secondary and the degree to which their conduct is active or
passive. 
 (c) The Company hereby agrees to fully indemnify and hold Indemnitee harmless from any claim of contribution brought
by officers, directors or employees of the Company, other than Indemnitee, who may be jointly liable with Indemnitee. 
 (d) To
the fullest extent permissible under applicable law, if the indemnification provided for in this Agreement is unavailable to Indemnitee, the Company, in lieu of indemnifying Indemnitee, shall contribute to the amounts incurred by Indemnitee, whether
for Expenses, judgments, fines or amounts paid or to be paid in settlement, in connection with any claim relating to an indemnifiable event under this Agreement, in such proportion as is deemed fair and reasonable in light of all of the
circumstances of such Proceeding in order to reflect (i) the relative benefits received by the Company and Indemnitee as a result of the events and transactions giving rise to such Proceeding; and (ii) the relative fault of Indemnitee and
the Company (and its other directors, officers, employees and agents) in connection with such events and transactions. 
 14.
Non-exclusivity. The rights of indemnification and to receive advancement of Expenses as provided by this Agreement shall not be deemed exclusive of any other rights to which Indemnitee may at any time be entitled under applicable law, the
Company’s certificate of incorporation or bylaws, any agreement, a vote of stockholders or a resolution of directors, or otherwise. To the extent that a change in Delaware law, whether by statute or judicial decision, permits greater
indemnification or advancement of Expenses than would be afforded currently under the Company’s certificate of incorporation and bylaws and this Agreement, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the
greater benefits so afforded by such change, subject to the restrictions expressly set forth herein or therein. Except as expressly set forth herein, no right or remedy herein conferred is intended to be exclusive of any other right or remedy, and
every other right and remedy shall be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. Except as expressly set forth herein, the assertion or employment of any
right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other right or remedy. Notwithstanding anything in this Agreement to the contrary, the indemnification and contribution provided for in this
Agreement will remain in full force and effect regardless of any investigation made by or on behalf of Indemnitee or Indemnitee’s agents. 

  
 -9-

 15. Primary Responsibility. The Company acknowledges that Indemnitee may have certain
rights to indemnification and advancement of expenses provided by the fund and/or certain affiliates thereof with whom Indemnitee may be affiliated (collectively, the “Secondary Indemnitors”). The Company agrees that, as
between the Company and the Secondary Indemnitors, the Company is primarily responsible for amounts required to be indemnified or advanced under the Company’s certificate of incorporation or bylaws or this Agreement and any obligation of the
Secondary Indemnitors to provide indemnification or advancement for the same amounts is secondary to those Company obligations. The Company waives any right of contribution or subrogation against the Secondary Indemnitors with respect to the
liabilities for which the Company is primarily responsible under this Section 15. In the event of any payment by the Secondary Indemnitors of amounts otherwise required to be indemnified or advanced by the Company under the Company’s
certificate of incorporation or bylaws or this Agreement, the Secondary Indemnitors shall be subrogated to the extent of such payment to all of the rights of recovery of Indemnitee for indemnification or advancement of expenses under the
Company’s certificate of incorporation or bylaws or this Agreement or, to the extent such subrogation is unavailable and contribution is found to be the applicable remedy, shall have a right of contribution with respect to the amounts paid. The
Secondary Indemnitors are express third-party beneficiaries of the terms of this Section 15. 
 16. No Duplication of
Payments. Subject to the provisions of Section 15 above, the Company shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable hereunder (or for which advancement is provided hereunder) if and to the
extent that Indemnitee has otherwise actually received payment for such amounts under any insurance policy, contract, agreement or otherwise. 
 17. Insurance. To the extent that the Company maintains an insurance policy or policies providing liability insurance for directors, trustees, general partners, managing members, officers,
employees, agents or fiduciaries of the Company or any other Enterprise, Indemnitee shall be covered by such policy or policies to the same extent as the most favorably-insured persons under such policy or policies in a comparable position.

 18. Subrogation. In the event of any payment under this Agreement, the Company shall be subrogated to the extent of
such payment to all of the rights of recovery of Indemnitee, who shall execute all papers required and take all action necessary to secure such rights, including execution of such documents as are necessary to enable the Company to bring suit to
enforce such rights. 
 19. Services to the Company. Indemnitee agrees to serve as a director or officer of the Company
or, at the request of the Company, as a director, trustee, general partner, managing member, officer, employee, agent or fiduciary of another Enterprise, for so long as Indemnitee is duly elected or appointed or until Indemnitee tenders his or her
resignation or is removed from such position. Indemnitee may at any time and for any reason resign from such position (subject to any other contractual obligation or any obligation imposed by operation of law), in which event the Company shall have
no obligation under this Agreement to continue Indemnitee in such position. This Agreement shall not be deemed an employment contract between the Company (or any of its subsidiaries or any Enterprise) and Indemnitee. Indemnitee specifically
acknowledges that any employment with the Company (or any of its subsidiaries or any Enterprise) is at will, and Indemnitee may be discharged at any time for any reason, with or without cause, with or without notice, except as may be otherwise
expressly provided in any executed, written employment contract between Indemnitee and the Company (or any of its subsidiaries or any Enterprise), any existing formal severance policies adopted by the Company’s board of directors or, with
respect to service as a director or officer of the Company, the Company’s certificate of incorporation or bylaws or the DGCL. No such document shall be subject to any oral modification thereof. 

20. Duration. This Agreement shall continue until and terminate upon the later of (a) ten years after the date that Indemnitee
shall have ceased to serve as a director or officer of the Company or as a director, trustee, general partner, managing member, officer, employee, agent or fiduciary of any other Enterprise, as applicable; or (b) one year after the final
termination of any Proceeding, including any appeal, then pending in respect of which Indemnitee is granted rights of indemnification or advancement of Expenses hereunder and of any proceeding commenced by Indemnitee pursuant to Section 12 of
this Agreement relating thereto. 

  
 -10-

 21. Successors. This Agreement shall be binding upon the Company and its successors
and assigns, including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company, and shall inure to the benefit of Indemnitee and Indemnitee’s heirs,
executors and administrators. 
 22. Severability. Nothing in this Agreement is intended to require or shall be construed
as requiring the Company to do or fail to do any act in violation of applicable law. The Company’s inability, pursuant to court order or other applicable law, to perform its obligations under this Agreement shall not constitute a breach of this
Agreement. If any provision or provisions of this Agreement shall be held to be invalid, illegal or unenforceable for any reason whatsoever: (i) the validity, legality and enforceability of the remaining provisions of this Agreement (including
without limitation, each portion of any section of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not itself invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby
and shall remain enforceable to the fullest extent permitted by law; (ii) such provision or provisions shall be deemed reformed to the extent necessary to conform to applicable law and to give the maximum effect to the intent of the parties
hereto; and (iii) to the fullest extent possible, the provisions of this Agreement (including, without limitation, each portion of any section of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is
not itself invalid, illegal or unenforceable) shall be construed so as to give effect to the intent manifested thereby. 
 23.
Enforcement. The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as a director or officer of the Company, and the Company
acknowledges that Indemnitee is relying upon this Agreement in serving as a director or officer of the Company. 
 24. Entire
Agreement. This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings, oral, written and implied, between the parties hereto with
respect to the subject matter hereof; provided, however, that this Agreement is a supplement to and in furtherance of the indemnification provided in the Company’s certificate of incorporation and bylaws and applicable law.

 25. Modification and Waiver. No supplement, modification or amendment to this Agreement shall be binding unless
executed in writing by the parties hereto. No amendment, alteration or repeal of this Agreement shall adversely affect any right of Indemnitee under this Agreement in respect of any action taken or omitted by such Indemnitee in his or her Corporate
Status prior to such amendment, alteration or repeal. No waiver of any of the provisions of this Agreement shall constitute or be deemed a waiver of any other provision of this Agreement nor shall any waiver constitute a continuing waiver.

 26. Notices. All notices and other communications required or permitted hereunder shall be in writing and shall be
mailed by registered or certified mail, postage prepaid, sent by facsimile or electronic mail or otherwise delivered by hand, messenger or courier service addressed: 
 (a) if to Indemnitee, to Indemnitee’s address, facsimile number or electronic mail address as shown on the signature page of this Agreement or in the Company’s records, as may be updated in
accordance with the provisions hereof; or 

  
 -11-

 (b) if to the Company, to the attention of the Chief Executive Officer or Chief Financial
Officer of the Company at c/o Peter Jakes, Willkie Farr & Gallagher LLP, 787 Seventh Ave., New York, NY 10019 or at such other current address as the Company shall have furnished to the Investors. 

Each such notice or other communication shall for all purposes of this Agreement be treated as effective or having been given (i) if
delivered by hand, messenger or courier service, when delivered (or if sent via a nationally-recognized overnight courier service, freight prepaid, specifying next-business-day delivery, one business day after deposit with the courier),
(ii) if sent via mail, at the earlier of its receipt or five days after the same has been deposited in a regularly-maintained receptacle for the deposit of the United States mail, addressed and mailed as aforesaid, or (iii) if sent
via facsimile, upon confirmation of facsimile transfer or, if sent via electronic mail, when directed to the relevant electronic mail address, if sent during normal business hours of the recipient, or if not sent during normal business
hours of the recipient, then on the recipient’s next business day. 
 27. Applicable Law and Consent to Jurisdiction.
This Agreement and the legal relations among the parties shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware, without regard to its conflict of laws rules. Except with respect to any arbitration
commenced by Indemnitee pursuant to Section 12(a) of this Agreement, the Company and Indemnitee hereby irrevocably and unconditionally (i) agree that any action or proceeding arising out of or in connection with this Agreement shall be
brought only in the Delaware Court of Chancery, and not in any other state or federal court in the United States of America or any court in any other country, (ii) consent to submit to the exclusive jurisdiction of the Delaware Court of
Chancery for purposes of any action or proceeding arising out of or in connection with this Agreement, (iii) appoint, to the extent such party is not otherwise subject to service of process in the State of Delaware, The Corporation Trust
Company, Wilmington, Delaware as its agent in the State of Delaware as such party’s agent for acceptance of legal process in connection with any such action or proceeding against such party with the same legal force and validity as if served
upon such party personally within the State of Delaware, (iv) waive any objection to the laying of venue of any such action or proceeding in the Delaware Court of Chancery, and (v) waive, and agree not to plead or to make, any claim that
any such action or proceeding brought in the Delaware Court of Chancery has been brought in an improper or inconvenient forum. 

28. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall for all purposes be deemed to be
an original but all of which together shall constitute one and the same Agreement. This Agreement may also be executed and delivered by facsimile signature and in counterparts, each of which shall for all purposes be deemed to be an original but all
of which together shall constitute one and the same Agreement. Only one such counterpart signed by the party against whom enforceability is sought needs to be produced to evidence the existence of this Agreement. 

29. Captions. The headings of the paragraphs of this Agreement are inserted for convenience only and shall not be deemed to
constitute part of this Agreement or to affect the construction thereof. 
 (signature page follows) 

  
 -12-

 The parties are signing this Indemnification Agreement as of the date stated in the
introductory sentence. 
  

	
	 COMPANY

	
	 CLOVIS ONCOLOGY, INC.

	
	 /s/ Erle T. Mast

	 (Signature)

	
	 Erle T. Mast

	 (Print name)

	
	 Executive Vice President and Chief Financial Officer

	 (Title)

	
	 INDEMNITEE

	
	 /s/ Ginger Graham

	 (Signature)

	
	 Ginger Graham

	 (Print name)

	
	  

	 (Street address)

	
	  

	 (City, State and ZIP)

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00218-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00218-of-00352.parquet"}]]