Document:

EX-10.14(c)

 Exhibit 10.14(c) 

AIRBNB, INC. 
 2020
INCENTIVE AWARD PLAN 
 GLOBAL RESTRICTED STOCK UNIT AWARD GRANT NOTICE 

Airbnb, Inc., a Delaware corporation, (the “Company”), pursuant to its 2020 Incentive Award Plan, as amended from time
to time (the “Plan”), hereby grants to the holder listed below (the “Participant”), an award of restricted stock units (“Restricted Stock Units” or
“RSUs”). Each vested Restricted Stock Unit represents the right to receive, in accordance with the Global Restricted Stock Unit Award Agreement attached hereto as Exhibit A, including any additional terms and
conditions set forth in any appendix for the Participant’s country (the “Appendix” and together with the Restricted Stock Unit Award Agreement, the “Agreement”), one share of Common Stock
(“Share”). This award of Restricted Stock Units is subject to all of the terms and conditions set forth herein, in the Agreement and the Plan, each of which are incorporated herein by reference. Unless otherwise defined
herein, the terms defined in the Plan shall have the same defined meanings in this Global Restricted Stock Unit Award Grant Notice (the “Grant Notice”) and the Agreement. 

 

			
	Participant:	  	[__________________________]
		
	Grant Date:	  	[__________________________]
		
	Total Number of RSUs:	  	[_____________]
		
	Vesting Commencement Date:	  	[_____________]
		
	Vesting Schedule:	  	[_____________]
		
	Termination:	  	If the Participant experiences a Termination of Service, all RSUs that have not become vested on or prior to the date of such Termination of Service will thereupon be automatically forfeited by the Participant without payment of
any consideration therefor.

 By the Participant’s electronic acceptance, the Participant agrees to be bound by the terms and
conditions of the Plan, the Agreement and this Grant Notice. The Participant has reviewed the Plan, the Agreement and this Grant Notice in their entirety, has had an opportunity to obtain the advice of counsel prior to Participant’s electronic
acceptance and fully understands all provisions of the Plan, the Agreement and this Grant Notice. The Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions
arising under the Plan, the Agreement or this Grant Notice. In addition, by signing below, the Participant also agrees that the Company, in its sole discretion, may satisfy any withholding obligation with respect to
Tax-Related Items in accordance with Section 2.6(b) of the Agreement or the Plan. 
  

									
	AIRBNB, INC.:	  		  	PARTICIPANT:	 		 	
					
	By:	  	  
	  	By:	 	  
	 	
	Print Name:	  	  
	  	Print Name:	 	  
	 	
	Title:	  	  
	  		 		 	
	Address:	  	  
	  	Address:	 	  
	 	

 EXHIBIT A 

TO GLOBAL RESTRICTED STOCK UNIT AWARD GRANT NOTICE 

GLOBAL RESTRICTED STOCK UNIT AWARD AGREEMENT 

Pursuant to the Global Restricted Stock Unit Award Grant Notice (the “Grant Notice”) to which this Global Restricted
Stock Unit Award Agreement, including any additional terms and conditions set forth in any appendix for the Participant’s country (the “Appendix” and together with the Global Restricted Stock Unit Award Agreement, this
“Agreement”) is attached, Airbnb, Inc., a Delaware corporation (the “Company”), has granted to the Participant the number of restricted stock units (“Restricted Stock Units”
or “RSUs”) set forth in the Grant Notice under the Company’s 2020 Incentive Award Plan, as amended from time to time (the “Plan”). Each Restricted Stock Unit represents the right
to receive one share of Common Stock (a “Share”) upon vesting. 
 ARTICLE I. 

GENERAL 

1.1    Defined Terms. Capitalized terms not specifically defined herein shall have the meanings specified in the
Plan and the Grant Notice. 
 1.2    Incorporation of Terms of Plan. The RSUs are subject to the terms and
conditions of the Plan, which are incorporated herein by reference. In the event of any inconsistency between the Plan and this Agreement, the terms of the Plan shall control. 

ARTICLE II. 
 GRANT OF
RESTRICTED STOCK UNITS 
 2.1    Grant of RSUs. Pursuant to the Grant Notice and upon the terms and conditions
set forth in the Plan and this Agreement, effective as of the Grant Date set forth in the Grant Notice, the Company hereby grants to the Participant an award of RSUs under the Plan. 

2.2    Unsecured Obligation to RSUs. Unless and until the RSUs have vested in the manner set forth in
Section 2.3 hereof, the Participant will have no right to receive Common Stock under any such RSUs. Prior to actual payment of any vested RSUs, such RSUs will represent an unsecured obligation of the Company, payable (if at all) only from the
general assets of the Company. 
 2.3    Vesting Schedule. Subject to Section 2.4 hereof, the RSUs shall
vest and become nonforfeitable with respect to the applicable portion thereof according to the vesting schedule set forth in the Grant Notice (rounding down to the nearest whole Share). 

2.4    Forfeiture, Termination and Cancellation upon Termination of Service. Notwithstanding any contrary provision
of this Agreement or the Plan, upon the Participant’s Termination of Service for any or no reason, all Restricted Stock Units which have not vested prior to or in connection with such Termination of Service shall thereupon automatically be
forfeited, terminated and cancelled as of the applicable Termination Date (as defined below) without payment of any consideration by the Company, and the Participant, or the Participant’s beneficiary or personal representative, as the case may
be, shall have no further rights hereunder. No portion of the RSUs which has not become vested as of the date on which the Participant incurs a Termination of Service shall thereafter become vested, except as may otherwise be provided by the
Administrator or as set forth in a written agreement between the Company and the Participant. For the avoidance of doubt, employment or service during only a portion of the vesting period shall not entitle the Participant to vest in a pro-rata portion of the RSUs. 

  
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 For purposes of the RSUs, the Participant’s Termination of Service is deemed to occur as of the date
the Participant is no longer actively providing services to the Company or any Subsidiary (regardless of the reason for the termination and whether or not later found to be invalid or in breach of Applicable Law in the jurisdiction where the
Participant is rendering services or the terms of the Participant’s employment or other service agreement, if any) (the “Termination Date”), and unless otherwise determined by the Administrator, the Participant’s
right to vest in the RSUs, if any, will terminate as of the Termination Date and will not be extended by any notice period (e.g., the Participant’s period of service would not include any contractual notice period or any period of
“garden leave” or similar period mandated under the Applicable Law of the jurisdiction where the Participant is rendering services or the terms of the Participant’s employment or other service agreement, if any). The Administrator
shall have the exclusive discretion to determine when the Participant is no longer actively providing services for purposes of the RSUs (including whether the Participant may still be considered to be providing services while on a leave of absence)
and, hence, when the Termination Date occurs. 
 2.5    Issuance of Common Stock upon Vesting. As soon as
administratively practicable following the vesting of any Restricted Stock Units pursuant to Section 2.3 hereof, but in no event later than 30 days after such vesting date (for the avoidance of doubt, this deadline is intended to comply with
the “short term deferral” exemption from Section 409A of the Code), the Company shall deliver to the Participant (or any transferee permitted under Section 3.3 hereof) a number of Shares equal to the number of RSUs subject to
this Award that vest on the applicable vesting date. Notwithstanding the foregoing, in the event Shares cannot be issued pursuant to Section 10.7 of the Plan, the Shares shall be issued pursuant to the preceding sentence as soon as
administratively practicable after the Administrator determines that Shares can again be issued in accordance with such Section. 

2.6    Responsibility for Taxes. 

(a)    The Participant acknowledges that, regardless of any action taken by the Company or, if different, the Subsidiary
or other affiliate of the Company for which the Participant renders services (the “Service Recipient”), the ultimate liability for all Tax-Related Items is and remains the
Participant’s responsibility and may exceed the amount (if any) actually withheld by the Company or the Service Recipient. The Participant further acknowledges that the Company and/or the Service Recipient (i) make no representations or
undertakings regarding the treatment of any Tax-Related Items in connection with any aspect of the RSUs, including, but not limited to, the grant, vesting or settlement of the RSUs, the subsequent sale of
Shares acquired pursuant to the settlement of any RSUs and the receipt of any dividends; and (ii) do not commit to and are under no obligation to structure the terms of the grant or any aspect of the RSUs to reduce or eliminate the
Participant’s liability for Tax-Related Items or achieve any particular tax result. Further, if the Participant is subject to Tax-Related Items in more than one
jurisdiction, the Participant acknowledges that the Company and/or the Service Recipient (or former Service Recipient, as applicable) may be required to withhold or account for Tax-Related Items in more than
one jurisdiction. 
 (b)    As set forth in Section 10.5 of the Plan, the Company shall have the authority and the
right to deduct or withhold, or to require the Participant to remit to the Company, an amount sufficient to satisfy all applicable Tax-Related Items with respect to any taxable event arising in connection with
the RSUs. The Participant hereby authorizes the Company and/or Service Recipient, or their respective agents, at their discretion, to satisfy any applicable withholding obligations for Tax-Related Items by one
or a combination of the following methods: 

  
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 (i)    withholding from the Participant’s salary, wages, or any
other amounts payable to the Participant, in accordance with Applicable Law; 
 (ii)    withholding Shares otherwise
issuable to the Participant upon settlement of the RSUs, provided that to the extent necessary to qualify for an exemption from application of Section 16(b) of the Exchange Act, if applicable, such Share withholding procedure will be subject to
the express prior approval of the Board or the Committee; 
 (iii)    instructing a broker on the Participant’s
behalf to sell Shares otherwise issuable to the Participant upon settlement of the RSUs and submit the proceeds of such sale to the Company; or 

(iv)    any other method determined by the Company to be in compliance with Applicable Law. 

(c)    The Company may withhold or account for Tax-Related Items by considering
statutory withholding amounts or other applicable withholding rates, including maximum rates applicable in the Participant’s jurisdiction(s). In the event of over-withholding, the Participant may receive a refund of any over-withheld amount in
cash and (with no entitlement to the equivalent in Shares) or if not refunded, the Participant may seek a refund from the local tax authorities. In the event of under-withholding, the Participant may be required to pay any additional Tax-Related Items directly to the applicable tax authority or to the Company and/or the Service Recipient. If the obligations for Tax-Related Items is satisfied by withholding
Shares, for tax purposes, the Participant is deemed to have been issued the full number of Shares subject to the vested RSUs, notwithstanding that a number of the Shares is held back solely for the purpose of satisfying withholding obligations for Tax-Related Items. 
 (d)    Finally, the Participant agrees to pay the Company or
the Service Recipient any amount of Tax-Related Items that cannot be satisfied by the means described above in Section 2.6(b). The Company shall not be obligated to deliver any Shares to the Participant
or the Participant’s legal representative unless and until the Participant or the Participant’s legal representative shall have paid or otherwise satisfied in full the amount of any withholding obligation for
Tax-Related Items resulting from the RSUs or the Shares subject to the RSUs. 

2.7    Conditions to Delivery of Shares. The Shares deliverable hereunder may be either previously authorized but
unissued Shares, treasury Shares or issued Shares which have then been reacquired by the Company. Such Shares shall be fully paid and nonassessable. The Company shall not be required to issue Shares deliverable hereunder prior to fulfillment of the
conditions set forth in Section 10.7 of the Plan. 
 2.8    Rights as Stockholder. The holder of the RSUs
shall not be, nor have any of the rights or privileges of, a stockholder of the Company, including, without limitation, voting rights and rights to dividends, in respect of the RSUs and any Shares underlying the RSUs and deliverable hereunder unless
and until such Shares shall have been issued by the Company and held of record by such holder (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company). No adjustment shall be made for
a dividend or other right for which the record date is prior to the date the Shares are issued, except as provided in Article IX of the Plan. 

  
 A-3 

 ARTICLE III. 

OTHER PROVISIONS 

3.1    Nature of Grant. By accepting the RSUs, the Participant acknowledges, understands, and agrees that: 

(a)    the Plan is established voluntarily by the Company, it is wholly discretionary in nature; 

(b)    the grant of the RSUs is exceptional, voluntary and occasional and does not create any contractual or other right
to receive future grants of restricted stock units, or benefits in lieu of restricted stock units, even if restricted stock units have been granted in the past; 

(c)    all decisions with respect to future RSU or other grants, if any, will be at the sole discretion of the Company;

 (d)    the Participant is voluntarily participating in the Plan; 

(e)    the RSUs and any Shares acquired under the Plan, and the income from and value of same, are not intended to replace
any pension rights or compensation; 
 (f)    the RSUs and any Shares acquired under the Plan, and the income from and
value of same, are not part of normal or expected compensation for any purposes, including for purposes of calculating any severance, resignation, termination, redundancy, dismissal,
end-of-service payments, bonuses, long-service awards, holiday pay, pension or retirement or welfare benefits or similar payments; 

(g)    the future value of the Shares underlying the RSUs is unknown, indeterminable, and cannot be predicted with
certainty; 
 (h)    no claim or entitlement to compensation or damages shall arise from forfeiture of the RSUs
resulting from the Participant’s Termination of Service (for any reason whatsoever, whether or not later found to be invalid or in breach of Applicable Law in the jurisdiction where the Participant is providing service or the terms of the
Participant’s employment or other service agreement, if any); 
 (i)    unless otherwise agreed with the Company,
the RSUs and the Shares subject to the RSUs, and the income from and value of same, are not granted as consideration for, or in connection with, the service the Participant may provide as a director of a Subsidiary or other affiliate of the Company;

 (j)    unless otherwise provided in the Plan or by the Company in its discretion, the RSUs and the benefits evidenced
by this Agreement do not create any entitlement to have the RSUs or any such benefits transferred to, or assumed by, another company nor be exchanged, cashed out or substituted for, in connection with any corporate transaction affecting the Shares;
and 
 (k)    neither the Company, the Service Recipient nor any other Subsidiary or other affiliate of the Company
shall be liable for any foreign exchange rate fluctuation between the Participant’s local currency and the U.S. dollar that may affect the value of the RSUs or of any amounts due to the Participant pursuant to the vesting of the RSUs or the
subsequent sale of any Shares acquired upon settlement of the RSUs. 

  
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 3.2    Administration. The Administrator shall have the power to
interpret the Plan and this Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to interpret, amend or revoke any such rules. All actions taken and all interpretations
and determinations made by the Administrator in good faith shall be final and binding upon the Participant, the Company and all other interested persons. No member of the Administrator shall be personally liable for any action, determination or
interpretation made in good faith with respect to the Plan, this Agreement or the RSUs. 

3.3    Transferability. The RSUs shall be subject to the restrictions on transferability set forth in
Section 10.1 of the Plan. 
 3.4    No Advice Regarding Grant. The Company is not providing any tax, legal
or financial advice, nor is the Company making recommendations regarding participation in the Plan, or the Participant’s acquisition or sale of the underlying Shares. The Participant understands that the Participant may incur tax consequences
in connection with the RSUs granted pursuant to this Agreement (and the Shares issuable with respect thereto). The Participant understands and agrees that the Participant should consult with the Participant’s own tax, legal and financial
advisors regarding participation in the Plan before taking any action related to the Plan. 
 3.5    Binding
Agreement. Subject to the limitation on the transferability of the RSUs contained herein, this Agreement will be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors and assigns of the parties hereto.

 3.6    Adjustments Upon Specified Events. The Administrator may accelerate the vesting of the RSUs in such
circumstances as it, in its sole discretion, may determine. The Participant acknowledges that the RSUs are subject to adjustment, modification and termination in certain events as provided in this Agreement and Article IX of the Plan. 

3.7    Notices. Any notice to be given under the terms of this Agreement to the Company shall be addressed to the
Company in care of the Secretary of the Company at the Company’s principal office, and any notice to be given to the Participant shall be addressed to the Participant at the Participant’s last address reflected on the Company’s
records. By a notice given pursuant to this Section 3.7, either party may hereafter designate a different address for notices to be given to that party. Any notice shall be deemed duly given when sent via email or when sent by certified mail
(return receipt requested) and deposited (with postage prepaid) in a post office or branch post office regularly maintained by the United States Postal Service or comparable non-U.S. postal service. 

3.8    Participant’s Representations. If the Shares issuable hereunder have not been registered under the
Securities Act or any applicable state laws on an effective registration statement at the time of such issuance, the Participant shall, if required by the Company, concurrently with such issuance, make such written representations as are deemed
necessary or appropriate by the Company or its counsel. 
 3.9    Titles. Titles are provided herein for
convenience only and are not to serve as a basis for interpretation or construction of this Agreement. 

3.10    Governing Law and Venue. The laws of the State of Delaware shall govern the interpretation, validity,
administration, enforcement and performance of the terms of this Agreement regardless of the law that might be applied under principles of conflicts of laws. For purposes of any action, lawsuit or other proceedings brought to enforce this Agreement,
relating to it, or arising from it, 

  
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the parties hereby submit to and consent to the sole and exclusive jurisdiction of the courts of San Francisco, California, or the federal courts for the United States for the Northern District
of California, and no other courts, where this grant is made and/or to be performed. 
 3.11    Conformity to
Applicable Law. The Participant acknowledges that the Plan and this Agreement are intended to conform to the extent necessary with all provisions of the Securities Act, the Exchange Act and any other Applicable Law. Notwithstanding anything
herein to the contrary, the Plan shall be administered, and the RSUs are granted, only in such a manner as to conform to Applicable Law. To the extent permitted by Applicable Law, the Plan and this Agreement shall be deemed amended to the extent
necessary to conform to such Applicable Law. 
 3.12    Amendment, Suspension and Termination. To the extent
permitted by the Plan, this Agreement may be wholly or partially amended or otherwise modified, suspended or terminated at any time or from time to time by the Administrator. 

3.13    Successors and Assigns. The Company may assign any of its rights under this Agreement to single or multiple
assignees, and this Agreement shall inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer herein set forth in Section 3.3 hereof, this Agreement shall be binding upon the Participant and his
or her heirs, executors, administrators, successors and assigns. 
 3.14    Limitations Applicable to
Section 16 Persons. Notwithstanding any other provision of the Plan or this Agreement, if the Participant is subject to Section 16 of the Exchange Act, then the Plan, the RSUs and this Agreement shall be subject to any
additional limitations set forth in any applicable exemptive rule under Section 16 of the Exchange Act (including any amendment to Rule 16b-3 of the Exchange Act) that are requirements for the application
of such exemptive rule. To the extent permitted by Applicable Law, this Agreement shall be deemed amended to the extent necessary to conform to such applicable exemptive rule. 

3.15    Not a Contract of Service Relationship. Nothing in this Agreement or in the Plan shall confer upon
Participant any right to continue to serve as a Service Provider or interfere with or restrict in any way with the right of the Company or the Service Recipient, as applicable, which rights are hereby expressly reserved, to discharge or to terminate
for any reason whatsoever, with or without cause, the services of the Participant at any time. 
 3.16    Entire
Agreement. The Plan, the Grant Notice and this Agreement (including all Exhibits thereto, if any) constitute the entire agreement of the parties and supersede in their entirety all prior undertakings and agreements of the Company and the
Participant with respect to the subject matter hereof, provided that the RSUs shall be subject to any accelerated vesting provisions in any written agreement between the Participant and the Company or Company plan pursuant to which the Participant
is eligible, in each case, in accordance with the terms therein. 
 3.17    Section 409A. This Award is not
intended to constitute “nonqualified deferred compensation” within the meaning of Section 409A of the Code (together with any Department of Treasury regulations and other interpretive guidance issued thereunder, including without
limitation any such regulations or other guidance that may be issued after the date hereof, “Section 409A”). However, notwithstanding any other provision of the Plan, the Grant Notice or this
Agreement, if at any time the Administrator determines that this Award (or any portion thereof) may be subject to Section 409A, the Administrator shall have the right in its sole discretion (without any obligation to do so or to indemnify
Participant or any other person for failure to do so) to adopt such amendments to the Plan, the Grant Notice or this Agreement, or adopt other policies and procedures (including amendments, policies and

  
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procedures with retroactive effect), or take any other actions, as the Administrator determines are necessary or appropriate for this Award either to be exempt from the application of
Section 409A or to comply with the requirements of Section 409A. 
 3.18    Limitation on
Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed
as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a general unsecured creditor of the Company and its Subsidiaries with respect to amounts credited and
benefits payable, if any, with respect to the RSUs, and rights no greater than the right to receive the Common Stock as a general unsecured creditor with respect to RSUs, as and when payable hereunder. 

3.19    Electronic Delivery and Acceptance. The Company may, in its sole discretion, decide to deliver any
documents related to current or future participation in the Plan by electronic means. The Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through an
on-line or electronic system established and maintained by the company or a third party designated by the Company. 

3.20    Language. The Participant acknowledges that the Participant is sufficiently proficient in English, or has
consulted with an advisor who is sufficiently proficient in English, so as to allow the Participant to understand the terms and conditions of this Agreement. If the Participant received this Agreement, or any other document related to the RSUs
and/or the Plan translated into a language other than English and if the meaning of the translated version is different than the English version, the English version will control. 

3.21    Appendix. Notwithstanding any provisions in this Global Restricted Stock Unit Award Agreement, the RSUs
shall be subject to any additional terms and conditions set forth in any Appendix to this Global Restricted Stock Unit Award Agreement for the Participant’s country. Moreover, if the Participant relocates to one of the countries included in the
Appendix, the additional terms and conditions for such country will apply to the Participant, to the extent the Company determines that the application of such terms and conditions is necessary or advisable for legal or administrative reasons. The
Appendix constitutes part of this Agreement. 
 3.22    Insider Trading/Market Abuse Laws. The Participant
acknowledges that, depending on the Participant’s country or broker’s country, or the country in which the Shares are listed, the Participant may be subject to insider trading restrictions and/or market abuse laws in applicable
jurisdictions, which may affect his or her ability to accept, acquire, sell or attempt to sell, or otherwise dispose of the Shares, rights to Shares (e.g., the RSUs) or rights linked to the value of Shares, during such times as the
Participant is considered to have “inside information” regarding the Company (as defined by the laws or regulations in applicable jurisdictions). Local insider trading laws and regulations may prohibit the cancellation or amendment of
orders the Participant placed before possessing inside information. Furthermore, the Participant may be prohibited from (i) disclosing insider information to any third party, including fellow employees (other than on a “need to know”
basis) and (ii) “tipping” third parties or causing them to otherwise buy or sell securities. Any restrictions under these laws or regulations are separate from and in addition to any restrictions that may be imposed under any applicable
Company insider trading policy. The Participant acknowledges that it is his or her responsibility to comply with any applicable restrictions, and the Participant should speak to his or her personal advisor on this matter. 

3.23    Foreign Asset/Account, Exchange Control and Tax Reporting. The Participant acknowledges that the
Participant may be subject to foreign asset/account, exchange control and/or tax reporting requirements as a result of the acquisition, holding and/or transfer of Shares or cash (including 

  
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dividends and the proceeds arising from the sale of Shares) derived from his or her participation in the Plan in, to and/or from a brokerage/bank account or legal entity located outside the
Participant’s country. Applicable Law may require that the Participant report such accounts, assets, the balances therein, the value thereof and/or the transactions related thereto to the applicable authorities in such country. The Participant
also may be required to repatriate sale proceeds or other funds received as a result of the Participant’s participation in the Plan to his or her country through a designated bank or broker within a certain time after receipt. The Participant
acknowledges that he or she is responsible for ensuring compliance with any applicable foreign asset/account, exchange control and tax reporting requirements and should consult his or her personal legal advisor on this matter. 

*    *    *    *    * 

  
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 APPENDIX 

TO 
 GLOBAL RESTRICTED
STOCK UNIT AWARD AGREEMENT 
 Airbnb, Inc. 

2020 Incentive Award Plan 
 Capitalized
terms used but not defined herein shall have the meanings ascribed to them in the Grant Notice, the Global Restricted Stock Unit Award Agreement (the “Award Agreement”) and the Plan. 

Terms and Conditions 
 This Appendix includes
additional terms and conditions that govern the RSUs if the Participant resides and/or works in one of the countries listed below. 
 If the Participant is
a citizen or resident (or is considered as such for local law purposes) of a country other than the country in which the Participant is currently residing and/or working, or if the Participant transfers to another country after the Grant Date, the
Administrator shall, in its discretion, determine to what extent the terms and conditions contained herein shall be applicable to the Participant. 

Notifications 
 This Appendix also includes
information regarding securities, exchange controls, tax and certain other issues of which the Participant should be aware with respect to his or her participation in the Plan. The information is based on the securities, exchange control, tax and
other laws in effect in the respective countries as of October 2020. Such laws are often complex and change frequently. As a result, the Company strongly recommends that the Participant not rely on the information noted herein as the only source of
information relating to the consequences of his or her participation in the Plan because the information may be out of date at the time the RSUs vest or the Participant sells Shares acquired under the Plan. 

In addition, the information contained herein is general in nature and may not apply to the Participant’s particular situation, and the Company is not in
a position to assure the Participant of any particular result. Accordingly, the Participant should seek appropriate professional advice as to how the relevant laws in his or her country may apply to the Participant’s situation. 

If the Participant is a citizen or resident (or is considered as such for local law purposes) of a country other than the one in which he or she is currently
residing and/or working, or if the Participant transfers to another country after the Grant Date, the information contained herein may not be applicable to the Participant in the same manner. 

  
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 Data Privacy Provisions Applicable to all Participants in the European Union / European Economic Area
United Kingdom 
 (a)    Purposes and Legal Bases of Processing. The Company processes
Data (as defined below) for the purpose of administering and managing the Participant’s participation in the Plan and facilitating compliance with applicable tax, exchange control, securities and labor law. The legal basis for the processing of
the Data by the Company and the third-party service providers described below is the necessity of the data processing for the Company to perform its contractual obligations in connection with the RSUs and for the Company’s legitimate business
interests of managing the Plan and generally administering employee equity awards. 
 (b)    Data
Collection and Processing. The Company and the Service Recipient collect, process and use certain personal information about the Participant, including, but not limited to, the Participant’s name, home address, telephone
number, email address, date of birth, social insurance number, passport or other identification number, salary, nationality, job title, any Shares or directorships held in the Company, details of all awards granted under the Plan or any other
entitlement to Shares awarded, canceled, exercised, vested, unvested or outstanding in the Participant’s favor (“Data”), for the legitimate purpose of managing the Participant’s participation in the Plan.  

(c)    Stock Plan Administration and Other Service Providers. The Company transfers Data to
Fidelity Stock Plan Services, LLC and certain of its affiliates (“Fidelity”) which is assisting the Company with the implementation, administration and management of the Plan. The Company may decide to engage a different stock plan
administration service provider in the future and will notify the Participant accordingly. The Participant may be asked to agree on separate terms and data processing practices with Fidelity (or any future service provider), with such agreement
being a condition to the ability to participate in the Plan. The Company may further transfer Data to other third party service providers, if necessary to ensure compliance with applicable tax, exchange control, securities and labor law. Such third
party service providers may include the Company’s outside legal counsel and auditor (currently PricewaterhouseCoopers LLP). Wherever possible, the Company will anonymize data, but the Participant understands that Data may need to be transferred
to such providers to ensure compliance with Applicable Law and/or tax requirements. 

(d)    International Data Transfers. The Company and its service providers, including without
limitation Fidelity, operate (with respect to the Company) in the United States, which means that it will be necessary for Data to be transferred to, and processed in, the United States. The Participant’s country or jurisdiction may have
different data privacy laws and protections than the United States. The Participant understands and acknowledges that the United States is not subject to an unlimited adequacy finding by the European Commission and that the Participant’s Data
may not have an equivalent level of protection as compared to the Participant’s country.  
 When the Company transfers
the Participant’s Data, it will ensure that this transfer complies with applicable laws and legislation. The Company has Model Clauses in place for the collection, use, and retention of Data transferred from the EU, EEA and the UK to the United
States and other countries. If third-party agents process Data on the Company’s behalf in a manner inconsistent with the Model Clauses, the Company remains liable unless it proves it is not responsible for the event giving rise to the damage.

 (e)    Data Retention. The Company will hold and use Data only as long as is
necessary to implement, administer and manage the Participant’s participation in the Plan, or as required to comply with legal or regulatory obligations, including under tax, exchange control, labor and securities laws. The period may extend
beyond the Termination Date.  

  
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 (f)    Contractual Requirement. The
Participant’s provision of Data and its processing as described above is a contractual requirement and a condition to the Participant’s ability to participate in the Plan. The Participant understands that, as a consequence of refusing to
provide Data, the Company may not be able to allow the Participant to participate in the Plan, grant RSUs to the Participant or administer or maintain such RSUs. However, the Participant’s participation in the Plan is purely voluntary. While
the Participant will not receive RSUs if the Participant decides against participating in the Plan or providing Data as described above, the Participant’s salary from or service relationship with the Service Recipient will not be affected. For
more information on the consequences of the refusal to provide Data, the Participant may contact the Participant’s local human resources representative.  

(g)    Data Subject Rights. The Participant may have a number of rights under data privacy laws
in his or her jurisdiction. Depending on where the Participant is based, such rights may include the right to (i) request access to or copies of Data, (ii) rectify incorrect Data,
(iii) delete Data, (iv) restrict the processing of Data, (v) restrict the portability of Data, (vi) lodge complaints
with competent authorities, and/or (vii) receive a list with the names and addresses of any potential recipients of Data. To receive clarification regarding these rights or to exercise these rights, the Participant
can contact the Participant’s local human resources representative.  
 Data Privacy Provisions Applicable to all Participants outside
the European Union / European Economic Area / Switzerland / United Kingdom 
 The Participant hereby explicitly and
unambiguously consents to the collection, use and transfer, in electronic or other form, of the Participant’s personal data as described herein and any other award materials by and among, as applicable, the Service Recipient, the Company, and
any other Subsidiary or other affiliate of the Company for the exclusive purpose of implementing, administering and managing the Participant’s participation in the Plan. 

The Participant understands that the Company and the Service Recipient hold certain personal information about the Participant,
including but not limited to, the Participant’s name, home address, email address and telephone number, date of birth, social insurance number, passport or other identification number, salary, nationality, job title, any Shares or directorships
held in the Company, details of all awards or any other entitlement to Shares granted, canceled, exercised, vested, unvested or outstanding in the Participant’s favor (“Data”), for the exclusive purpose of implementing, administering
and managing the Plan. 
 The Participant understands that Data will be transferred to Fidelity Stock Plan Services, LLC and
certain of its affiliates (“Fidelity”) and/or any other third parties assisting the Company with the implementation, administration and management of the Plan. The Participant understands that Fidelity is and other recipients of Data may
be located in the United States or elsewhere, and that the recipients’ country (e.g., the United States) may have different data privacy laws and protections than the Participant’s country. The Participant understands that the Participant
may request a list with the names and addresses of any potential recipients of Data by contacting the Participant’s local human resources representative. The Participant authorizes the Company, Fidelity and any other possible recipients which
may assist the Company (presently or in the future) with implementing, administering and managing the Plan to receive, possess, use, retain and transfer Data, in electronic or other form, for the purpose of implementing, administering and managing
the Participant’s participation in the Plan. The Participant understands that Data will be held only as long as is necessary to implement, administer and manage the Participant’s participation in the Plan. The Participant understands that
the Participant may, at any time, view Data, request additional information about the storage and processing of Data, require any necessary amendments to Data or refuse or withdraw the consents

  
 3 

 
herein, in any case without cost, by contacting in writing the Participant’s local human resources representative. Further, the Participant understands that the Participant are providing the
consents herein on a purely voluntary basis. If the Participant does not consent, or if the Participant later seeks to revoke the Participant’s consent, the Participant’s employment or service with the Service Recipient will not be
affected; the only consequence of refusing or withdrawing the Participant’s consent is that the Company would not be able to grant the RSUs or other equity awards to the Participant, or administer or maintain such awards. Therefore, the
Participant understands that refusing or withdrawing the Participant’s consent may affect the Participant’s ability to participate in the Plan. For more information on the consequences of the Participant’s refusal to consent or
withdrawal of consent, the Participant understands that the Participant may contact his or her local human resources representative. 

Finally, upon request of the Company or the Service Recipient, the Participant agrees to provide an executed data privacy consent form
(or any other agreements or consents) that the Company or the Service Recipient may deem necessary to obtain from the Participant for the purpose of administering the Participant’s participation in the Plan in compliance with the data privacy
laws in the Participant’s country, either now or in the future. The Participant understands and agrees that the Participant will not be able to participate in the Plan if the Participant fails to provide any such consent or agreement requested
by the Company and/or the Service Recipient. 

  
 4 

 ARGENTINA 

Notifications 
 Securities Law Information.
Neither the RSUs nor the underlying Shares is publicly offered or listed on any stock exchange in Argentina. The offer is private and not subject to any disclosure requirements in Argentina. 

Exchange Control Information. Exchange control regulations in Argentina are subject to frequent change. Prior to transferring proceeds into Argentina,
the Participant should consult his or her local bank and/or personal legal advisor to confirm the applicable requirements. 
 Foreign Asset/Account
Reporting Information. The Participant must report any Shares acquired and held on December 31 of each year on Participant’s annual tax return for that year. 

AUSTRALIA 
 Terms and
Conditions 
 Class Order Exemption. The offer of the Plan in Australia is intended to qualify for exemption from the
prospectus requirements under Class Order 14/1000 issued by the Australian Securities and Investments Commission. Participation in the Plan is subject to the terms and conditions set forth in the Offer Document, the Plan and the Agreement. 

Notifications 
 Tax Information. The Plan is
a plan to which Subdivision 83A-C of the Income Tax Assessment Act 1997 (Cth) applies (subject to the conditions in the Act). 

Exchange Control Information. Exchange control reporting is required for cash transactions exceeding AUD10,000 and for international fund transfers. If
an Australian bank is assisting with the transaction, the bank will file the report on the Participant’s behalf. 

BELGIUM 

Notifications 
 Foreign Asset/Account Reporting
Information. Belgian residents are required to report any securities held (including Shares acquired under the Plan) or bank accounts opened outside of Belgium in their annual tax return. 

Exchange Control Information. Belgian residents are also required to provide the National Bank of Belgium with the account details of any such foreign
accounts. This report, as well as additional information on how to complete it, can be found on the website of the National Bank of Belgium, www.nbb.be, under the Kredietcentrales / Centrales des crédits caption. 

  
 5 

 BRAZIL 

Terms and Conditions 
 Compliance with Law.
By accepting the RSUs, Participant acknowledges his or her agreement to comply with applicable Brazilian laws and to pay any and all applicable taxes associated with the RSUs, including the vesting and settlement of the RSUs, the receipt of any
dividends, and the sale of Shares issued upon settlement of the RSUs. 
 Labor Law Acknowledgment. By accepting the RSUs, Participant agrees that
Participant is (i) making an investment decision, and (ii) the value of the underlying Shares is not fixed and may increase or decrease in value over the vesting period without compensation to Participant. 

Notifications 
 Exchange Control
Information. Brazil residents are required to submit annually to the Central Bank of Brazil a declaration of assets and rights held outside of Brazil when the aggregate value of the assets and rights held abroad is equal to or exceeds
US$100,000. Quarterly reporting is required if such amount exceeds US$100,000,000. Participant acknowledges that assets and rights that must be reported include Shares issued upon settlement of the RSUs and may include the RSUs. 

Tax on Financial Transaction (IOF). Repatriation of funds into Brazil and the conversion between BRL and USD associated with such fund transfers may be
subject to the Tax on Financial Transactions. It is Participant’s responsibility to comply with any applicable Tax on Financial Transactions arising from Participant’s participation in the Plan. Participant should consult with his or her
personal tax advisor for additional details. 
 CANADA 

Terms and Conditions 
 Settlement.
Notwithstanding any discretion in the Plan or anything to the contrary in this Agreement, this grant of RSUs shall only be settled in Shares. This provision is without prejudice to the application of Section 2.6 of the Award Agreement. 

Termination of Service. The following provision replaces in its entirety the second paragraph of Section 2.4 of the Award Agreement: 

For purposes of the RSUs, the Participant’s Termination of Service is deemed to occur (regardless of the reason for the termination and whether or not
later found to be invalid or in breach of Applicable Laws in the jurisdiction where the Participant is rendering services or the terms of the Participant’s employment or other service agreement, if any) on the date (the “Termination
Date”) that is the earliest of (1) the termination date of the Participant’s status as a Service Provider, (2) the date the Participant receives written notice of termination of the Participant’s status as a Service
Provider, or (3) the date the Participant is no longer actively employed by or actively providing services to the Company or any of its Subsidiaries regardless of any notice period or period of pay in lieu of such notice mandated under
Applicable Laws (including, but not limited to, statutory law, regulatory law and/or common law) in the jurisdiction where the Participant is rendering service or the terms of the Participant’s employment or other service agreement, if any. The
Administrator shall have the exclusive discretion to determine when the Participant is no longer actively providing services for purposes of the RSUs (including whether the Participant may still be considered to be providing services while on a
leave of absence) and, hence, the Termination Date. 
 Notwithstanding the foregoing, if applicable employment standards legislation explicitly requires
continued participation in the Plan during a statutory notice period, the Participant acknowledges that his 

  
 6 

 
or her right to participate in the Plan, if any, will terminate effective as of the last day of the Participant’s minimum statutory notice period, but the Participant will not earn or be
entitled to pro-rata vesting if the vesting date falls after the end of the Participant’s statutory notice period, nor will the Participant be entitled to any compensation for lost vesting. 

The following provisions apply if the Participant resides in Quebec: 

Consent to Receive Information in English. The parties acknowledge that it is their express wish that the 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. 

Consentement Pour Recevoir Des Informations en Anglais. Les parties reconnaissent avoir exigé la rédaction en anglais de la
convention, ainsi que de tous documents, avis et procédures judiciaires, exécutés, donnés ou intentés en vertu de, ou liés directement ou indirectement, à la présente convention. 

Data Privacy. The following provision supplements the Data Privacy provisions applicable to all Participants outside the European Union / European
Economic Area / Switzerland / United Kingdom set forth above: 
 The Participant hereby authorizes the Company and the Company’s representatives to
discuss and obtain all relevant information from all personnel, professional or non-professional, involved in the administration of the Plan. The Participant further authorizes the Company, the Service
Recipient and/or any other Subsidiary, or other affiliate of the Company to disclose and discuss such information with their advisors. The Participant also authorizes the Company, the Service Recipient and/or any other Subsidiary, or other affiliate
of the Company to record such information and to keep such information in Participant’s employment file. 
 Notifications 

Securities Law Information. The sale or other disposal of Shares acquired under the Plan will take place only outside of Canada through the facilities
of a stock exchange on which the Shares are listed. 
 Foreign Asset/Account Reporting Information. The Participant is required to report any foreign
specified property on form T1135 (Foreign Income Verification Statement) if the total value of the foreign specified property exceeds C$100,000 at any time in the year. Foreign specified property includes Shares acquired under the Plan, and may
include the RSUs. The RSUs must be reported (generally at a nil cost) if the $100,000 cost threshold is exceeded because of other foreign property the Participant holds. If Shares are acquired, their cost generally is the adjusted cost base
(“ACB”) of the Shares. The ACB ordinarily would equal the fair market value of the Shares at the time of acquisition, but if the Participant owns other Shares, this ACB may have to be averaged with the ACB of the other
Shares. The form must be filed by April 30 of the following year. The Participant should consult with his or her personal legal advisor to ensure compliance with applicable reporting obligations. 

CHINA 
 Terms and
Conditions 
 The following provisions apply only to Participants who are subject to exchange control restrictions imposed by the State
Administration of Foreign Exchange (“SAFE”), as determined by the Company in its sole discretion: 

  
 7 

 Award Conditioned on Satisfaction of Regulatory Obligations. In addition to the vesting schedule in
the Grant Notice, settlement of the RSUs is also conditioned on the Company’s completion of a registration of the Plan with SAFE and on the continued effectiveness of such registration (the “SAFE Registration
Requirement”). If or to the extent the Company is unable to complete the registration or maintain the registration, no Shares subject to the RSUs for which a registration cannot be completed or maintained shall be issued. In this case,
the Company retains the discretion to settle any RSUs for which the vesting schedule in the Grant Notice, but not the SAFE Registration Requirement, has been met in cash paid through local payroll in an amount equal to the market value of the Shares
subject to the RSUs less any Tax-Related Items; provided, however, that in case the Company is able to complete a SAFE registration with respect to any RSUs, the cash payment for RSUs not covered by the SAFE
registration shall not be made until the initial SAFE registration has been completed. 
 Stock Must Remain With Company’s Designated Broker.
The Participant agrees to hold any Shares received upon settlement of the RSUs with the Company’s designated broker until the Shares are sold. The limitation shall apply to all Shares issued to the Participant under the Plan, whether or not
Participant remains a Service Provider. 
 Forced Sale of Shares. The Company has the discretion to arrange for the sale of the Shares issued upon
settlement of the RSUs, either immediately upon settlement or at any time thereafter. In any event, if the Participant experiences a Termination of Service, the Participant will be required to sell all Shares acquired upon settlement of the RSUs
within such time period as required by the Company in accordance with SAFE requirements. Any Shares remaining in the brokerage account at the end of this period shall be sold by the broker (on behalf of the Participant and the Participant hereby
authorizes such sale). The Participant agrees to sign any additional agreements, forms and/or consents that reasonably may be requested by the Company (or the Company’s designated broker) to effectuate the sale of Shares (including, without
limitation, as to the transfer of the sale proceeds and other exchange control matters noted below) and shall otherwise cooperate with the Company with respect to such matters. The Participant acknowledges that neither the Company nor the designated
broker is under any obligation to arrange for the sale of Shares at any particular price (it being understood that the sale will occur in the market) and that broker’s fees and similar expenses may be incurred in any such sale. In any event,
when the Shares are sold, the sale proceeds, less any withholding for Tax-Related Items, any broker’s fees or commissions, and any similar expenses of the sale will be remitted to the Participant in
accordance with applicable exchange control laws and regulations. 
 Exchange Control Restrictions. The Participant understands and agrees that the
Participant will be required to immediately repatriate to China the proceeds from the sale of any Shares acquired under the Plan and any cash dividends paid on such Shares. The Participant further understands that such repatriation of proceeds may
need to be effected through a special bank account established by the Company (or a Subsidiary), and the Participant hereby consents and agrees that any sale proceeds and cash dividends may be transferred to such special account by the Company (or a
Subsidiary) on the Participant’s behalf prior to being delivered to Participant and that no interest shall be paid with respect to funds held in such account. 

The proceeds may be paid to the Participant in U.S. dollars or local currency at the Company’s discretion. If the proceeds are paid to the Participant in
U.S. dollars, the Participant understands that a U.S. dollar bank account in China must be established and maintained so that the proceeds may be deposited into such account. If the proceeds are paid to the Participant in local currency, the
Participant acknowledges that the Company (or its Subsidiaries) are under no obligation to secure any particular exchange conversion rate and that the Company (or its Subsidiaries) may face delays in converting the proceeds to local currency due to
exchange control restrictions. The Participant agrees to bear any currency fluctuation risk between the time the Shares are sold and the net proceeds are converted into local 

  
 8 

 
currency and distributed to the Participant. The Participant further agrees to comply with any other requirements that may be imposed by the Company (or its Subsidiary) in the future in order to
facilitate compliance with exchange control requirements in China. 
 Administration. The Company (or its Subsidiaries) shall not be liable for any
costs, fees, lost interest or dividends or other losses that the Participant may incur or suffer resulting from the enforcement of the terms of this Appendix or otherwise from the Company’s operation and enforcement of the Plan, the Agreement,
the Grant Notice and the RSUs in accordance with any applicable laws, rules, regulations and requirements. 
 Notifications 

Exchange Control Information. Chinese residents may be required to report to SAFE all details of their foreign financial assets and liabilities
(including Shares acquired under the Plan), as well as details of any economic transactions conducted with non-Chinese residents. 

DENMARK 
 Terms and
Conditions 
 Nature of Grant. The following provision supplements Section 3.1 of the Award Agreement: 

By accepting this grant of RSUs, the Participant acknowledges, understands and agrees that this grant of RSUs relates to future services to be performed and
is not a bonus or compensation for past services. 
 Danish Stock Option Act. By accepting this grant of RSUs, the Participant acknowledges that he
or she has received the Employer Statement translated into Danish, which is being provided to comply with the Danish Stock Option Act. 
 The Participant
further acknowledges that the Danish Stock Option Act has been amended effective January 1, 2019, and that any grants of RSUs made on or after January 1, 2019 are subject to the rules of the amended Danish Stock Option Act. Accordingly,
the Participant agrees that the treatment of the RSUs upon the Participant’s Termination of Service is governed solely by Section 2.4 of the Award Agreement and any corresponding provisions in the Plan. The relevant termination provisions
are also detailed in the Employer Statement. 
 Notifications 

Foreign Asset/Account Reporting Information. If Participant establishes an account holding Shares or cash outside of Denmark, Participant must report
the account to the Danish Tax Administration. The form which should be used in this respect can be obtained from a local bank. 

FRANCE 
 Terms and
Conditions 
 Language Consent. By accepting this grant of RSUs, the Participant confirms having read and understood the Plan and this
Agreement, which were provided in the English language. Participant accepts the terms of those documents accordingly. 

  
 9 

 En acceptant ces Droits sur des Actions Assujetties à des Restrictions, le Participant confirme
avoir lu et compris le Plan et le présent Contrat d’Attribution qui ont été transmis en langue anglaise. Le Participant accepte les termes et conditions de ces documents en connaissance de cause. 

Notifications 
 Tax Information. The RSUs
are not intended to qualify for special tax or social security treatment in France. 
 Foreign Asset/Account Reporting Information. If the
Participant maintains a foreign bank account, the Participant is required to report such to the French tax authorities when filing his or her annual tax return. 

GERMANY 

Notifications 
 Exchange Control Information.
Cross-border payments in excess of €12,500 must be reported monthly to the German Federal Bank. If the Participant receives cross-border payments in excess of €12,500 in connection with the sale of securities (including Shares acquired
under the Plan) or the receipt of dividends paid on such Shares, the Participant must report by the fifth day of the month following the month in which the payment was received. The report must be filed electronically. The form of report can be
accessed via the German Federal Bank’s website at www.bundesbank.de and is available in both German and English. 
 Foreign Asset/Account
Reporting Information. If the acquisition of Shares under the Plan leads to a “qualified participation” at any point during the calendar year, the Participant will need to report the acquisition when the Participant files his or her
tax return for the relevant year. A “qualified participation” is attained if (i) the value of the Shares acquired exceeds EUR 150,000 or (ii) in the unlikely event the Participant holds Shares exceeding 10% of the total Common
Stock. However, if Shares are listed on a recognized U.S. stock exchange and the Participant owns less than 1% of the total Common Stock, this requirement will not apply. 

INDIA 
 Notifications

 Exchange Control Information. The Participant acknowledges that due to Indian exchange control regulations, the proceeds from the sale of
Shares acquired at vesting of the RSUs and any dividends received in relation to the Shares must be repatriated to India within a period of time required under applicable regulations. The Participant will receive a foreign inward remittance
certificate (the “FIRC”) from the bank where the Participant deposits the foreign currency. The Participant should maintain the FIRC as evidence of the repatriation of fund in the event the Reserve Bank of India, the Company
or the Service Recipient requests proof of repatriation. It is the Participant’s responsibility to comply with applicable exchange control laws in India. 

Foreign Asset/Account Reporting Information. Indian residents are required to declare any foreign bank accounts and any foreign financial assets
(including Shares acquired under the Plan) in their annual tax return. The Participant should consult with his or her personal tax advisor to determine the Participant’s reporting requirements. 

  
 10 

 IRELAND 

Notifications 
 Director Notification
Obligation. Directors, shadow directors and secretaries of an Irish Subsidiary or other affiliate of the Company whose interest in the Company represents more than 1% of the Company’s voting share capital must notify the Irish Subsidiary or
other affiliate of the Company in writing when acquiring or disposing of their interest in the Company (e.g., RSUs, Shares, etc.), when becoming aware of the event giving rise to the notification requirement, or when becoming a director or
secretary if such an interest exist at the time. This notification requirement also applies to any rights or shares acquired by the director’s spouse or children under the age of 18 (whose interests will be attributed to the director, shadow
director or secretary). 
 ITALY 

Terms and Conditions 
 Plan Document
Acknowledgment. By accepting this grant of RSUs, the Participant acknowledges that (i) the Participant has received a copy of the Plan and this Agreement; (ii) the Participant has reviewed such documents in their entirety and fully
understands the contents thereof; and (iii) the Participant accepts all provisions of the Plan and this Agreement. The Participant further acknowledges that the Participant has read and specifically and expressly approves, without limitation,
the sections of the Award Agreement including “Forfeiture, Termination and Cancellation upon Termination of Service,” “Tax Withholding,” “Nature of Grant,” “No Advice Regarding Grant,” “Governing Law and
Venue,” “Not a Contract of Service Relationship,” “Appendix,” “Insider Trading/Market Abuse Laws,” and the Data Privacy provisions applicable to all Participants in the European Union / European Economic Area /
Switzerland / United Kingdom set forth above. 
 Notifications 

Foreign Asset/Account Reporting Information. Italian residents who, at any time during the fiscal year, hold foreign financial assets (e.g. cash,
Shares or RSUs) which may generate income taxable in Italy are required to report such assets on their annual tax returns (UNICO Form, RW Schedule) or on a special form if no tax return is due. The same reporting duties apply to Italian residents
who are beneficial owners of the foreign financial assets pursuant to Italian money laundering provisions, even if they do not directly hold the foreign asset abroad. 

Foreign Asset Tax Information. The value of the financial assets (including Shares) held outside of Italy by Italian residents is subject to a foreign
asset tax. The taxable amount will be the fair market value of the financial assets (e.g., Shares) assessed at the end of the calendar year. 

JAPAN 
 Notifications

 Foreign Asset/Account Reporting Information. The Participant is required to report details of any assets (including Shares acquired under
the Plan) held outside Japan as of December 31 each year, to the extent such assets have a total net fair market value exceeding ¥50 million. Such report will be due by March 15 each year. The Participant should consult with his
or her personal tax advisor as to whether the reporting obligation applies and whether the Participant will be required to report details of any outstanding RSUs or Shares in the report. 

  
 11 

 KOREA 

Notifications 
 Foreign Asset/Account Reporting
Information. Korean residents must declare all foreign financial accounts (i.e., non-Korean bank accounts, brokerage accounts, etc.) to the Korean tax authority and file a report with respect to
such accounts if the value of such accounts exceeds KRW 500 million (or an equivalent amount in foreign currency) on any month-end date during a calendar year. The Participant should consult with his or
her personal tax advisor to determine his or her personal reporting obligations. 
 LUXEMBOURG 

There are no country-specific provisions. 

MEXICO 
 Terms and
Conditions 
 Acknowledgment of the Agreement. By participating in the Plan, the Participant acknowledges that the Participant has
received a copy of the Plan, has reviewed the Plan in its entirety and fully understands and accepts all provisions of the Plan. The Participant further acknowledges that the Participant has read and expressly approves the terms and conditions set
forth in Section 3.1 of the Award Agreement, in which the following is clearly described and established: (i) the Participant’s participation in the Plan does not constitute an acquired right; (ii) the Plan and the
Participant’s participation in the Plan are offered by the Company on a wholly discretionary basis; (iii) the Participant’s participation in the Plan is voluntary; and (iv) the Company, or any Subsidiary or other affiliate of the
Company, is not responsible for any decrease in the value of the underlying Shares. 
 Labor Law Policy and Acknowledgment. By participating in the
Plan, the Participant expressly recognizes that Airbnb, Inc., with registered offices at 888 Brannan St, San Francisco, CA 94103, U.S.A., is solely responsible for the administration of the Plan and that the Participant’s participation in the
Plan and acquisition of Shares does not constitute an employment relationship between the Participant and the Company since the Participant is participating in the Plan on a wholly commercial basis. Based on the foregoing, the Participant expressly
recognizes that the Plan and the benefits that the Participant may derive from participation in the Plan do not establish any rights between the Participant and the Company and do not form part of the employment conditions and/or benefits provided
by the Company and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Participant’s employment. 

The Participant further understands that the Participant’s participation in the Plan is as a result of a unilateral and discretionary decision of the
Company; therefore, the Company reserves the absolute right to amend and/or discontinue the Participant’s participation at any time without any liability to the Participant. 

Finally, the Participant hereby declares that the Participant does not reserve any action or right to bring any claim against the Company for any compensation
or damages regarding any provision of the Plan or the benefits derived under the Plan, and the Participant therefore grants a full and broad release to the Company or any Subsidiary or other affiliate of the Company, branches, representation
offices, its shareholders, officers, agents or legal representatives with respect to any claim that may arise. 

  
 12 

 Términos y Condiciones 

Reconocimiento del Contrato. Al participar en el Plan, usted reconoce que ha recibido una copia del Plan, que ha revisado el Plan en su totalidad, y
que entiende y acepta en su totalidad, todas y cada una de las disposiciones del Plan. Asimismo reconoce que ha leído y aprueba expresamente los términos y condiciones señalados en el párrafo 3.1 del Convenio, en lo que
claramente se describe y establece lo siguiente: (i) su participación en el Plan no constituye un derecho adquirido; (ii) el Plan y su participación en el Plan son ofrecidos por la Compañía sobre una base
completamente discrecional; (iii) su participación en el Plan es voluntaria; y (iv) la Compañía y sus afiliadas no son responsables de ninguna por la disminución en el valor de las Acciones subyacentes. 

Política de Legislación Laboral y Reconocimiento. Al participar en el Plan, usted reconoce expresamente que Airbnb,
Inc., con oficinas registradas en 888 Brannan St, San Francisco, CA 94103, EE.UU, es la única responsable por la administración del Plan, y que su participación en el Plan, así como la adquisición de las Acciones,
no constituye una relación laboral entre usted y la Compañía, debido a que usted participa en el plan sobre una base completamente mercantil. Con base en lo anterior, usted reconoce expresamente que el Plan y los beneficios que
pudiera obtener por su participación en el Plan, no establecen derecho alguno entre usted y la Compañía, y no forman parte de las condiciones y/o prestaciones laborales que la Compañía ofrece, y que las
modificaciones al Plan o su terminación, no constituirán un cambio ni afectarán los términos y condiciones de su relación laboral. 

Asimismo usted entiende que su participación en el Plan es el resultado de una decisión unilateral y discrecional de la
Compañía; por lo tanto, la Compañía se reserva el derecho absoluto de modificar y/o suspender su participación en cualquier momento, sin que usted incurra en responsabilidad alguna. 

Finalmente, usted declara que no se reserva acción o derecho alguno para interponer reclamación alguna en contra de la
Compañía, por concepto de compensación o daños relacionados con cualquier disposición del Plan o de los beneficios derivados del Plan, y por lo tanto, usted libera total y ampliamente de toda responsabilidad a la
Compañía, a sus afiliadas, sucursales, oficinas de representación, sus accionistas, funcionarios, agentes o representantes legales, con respecto a cualquier reclamación que pudiera surgir. 

NETHERLANDS 
 There are no
country-specific provisions. 
 PHILIPPINES 

Notifications 
 Securities Law Information.
The RSUs are being offered pursuant to an exemption from registration under the Philippines Securities Regulation Code. 
 The Participant should be aware
of the risks of participating in the Plan, which include (without limitation) the risk of fluctuation in the price of the Shares and the risk of currency fluctuations between the U.S. Dollar and the Participant’s local currency. In this
regard, the Participant should note that the value of any Shares he or she may acquire under the Plan may decrease, and fluctuations in foreign exchange rates between the Participant’s local currency and the U.S. Dollar may affect the
value of the RSUs or any amounts due to the Participant upon vesting and settlement of the RSUs or upon sale of any Shares acquired by the Participant at settlement. The Company is not making any representations, projections or assurances about the
value of the Shares now or in the future. 

  
 13 

 For further information on risk factors impacting the Company’s business that may affect the value of
the Shares, the Participant should refer to the risk factors discussion in the Company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are
filed with the U.S. Securities and Exchange Commission and are available online at www.sec.gov/, as well as on the Company’s website at [_____]. In addition, the Participant may receive, free of charge, a copy of the Company’s
Annual Report, Quarterly Reports or any other reports, proxy statements or communications distributed to the Company’s stockholders by contacting the Company at [_____]. 

SAINT MARTIN 

Terms and Conditions 
 Language Consent. By
accepting this grant of RSUs, the Participant confirms having read and understood the Plan and this Agreement, which were provided in the English language. The Participant accepts the terms of those documents accordingly. 

En acceptant ces Droits sur des Actions Assujetties à des Restrictions, le Participant confirme avoir lu et compris le Plan et le présent
Contrat d’Attribution qui ont été transmis en langue anglaise. Le Participant accepte les termes et conditions de ces documents en connaissance de cause. 

Notifications 
 Foreign Asset/Account Reporting
Information. If the Participant maintains a foreign bank account, the Participant is required to report such to the French tax authorities when filing his or her annual tax return. 

SINGAPORE 
 Terms and
Conditions 
 Partial Cancellation of RSUs. If Participant is subject to the Singapore exit tax upon Termination of Service or departure from
Singapore with respect to the RSUs, as determined by the Company in its sole discretion, unless otherwise determined by the Company, a number of the Shares subject to the unvested RSUs shall be cancelled and the value of such cancelled RSUs will be
used to cover the Singapore exit tax liability due in Singapore. 
 Sale of Shares. For any RSUs that vest within six (6) months of the Grant
Date, Participant agrees that he or she will not sell or offer to sell the Shares acquired prior to the six (6)-month anniversary of the Grant Date, unless such sale or offer to sell in Singapore is made pursuant to the exemptions under Part XIII
Division (1) Subdivision (4) (other than section 280) of the Singapore Securities and Futures Act (Chapter 289, 2006 Ed.) (“SFA”) or pursuant to, and in accordance with the condition of, any other applicable provisions
of the SFA. 
 Notifications 
 Securities Law
Information. The grant of RSUs is being made in reliance on section 273(1)(f) of the SFA and not with a view to the RSUs being subsequently offered for sale to any other party. The Plan has not been lodged or registered as a prospectus with the
Monetary Authority of Singapore. 
 Director Notification Obligation. If the Participant is a director, associate director or shadow director of a
local Subsidiary or other affiliate of the Company in Singapore, he or she is subject to notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify

  
 14 

 
the Singaporean Subsidiary or other affiliate of the Company in writing when the Participant receives an interest (e.g., RSUs, Shares) in the Company. In addition, the Participant must
notify the Singapore Subsidiary or other affiliate of the Company when the Participant sells Shares (including when the Participant sells Shares acquired under the Plan). These notifications must be made within two (2) business days of
acquiring or disposing of any interest in the Company. In addition, a notification must be made of the Participant’s interests in the Company or any related company within two business days of becoming a director, associate director or shadow
director. 
 SPAIN 

Terms and Conditions 
 Nature of Grant. The
following provision supplements Sections 2.4 and 3.1 of the Award Agreement: 
 By accepting this grant of RSUs, the Participant consents to participation
in the Plan and acknowledges that the Participant has received a copy of the Plan. 
 The Participant understands that the Company has unilaterally,
gratuitously, and in its sole discretion decided to grant RSUs under the Plan to Service Providers throughout the world. The decision is a limited decision that is entered into upon the express assumption and condition that any grant will not bind
the Company or any Subsidiary or other affiliate of the Company, other than to the extent set forth in this Agreement. Consequently, the Participant understands that the RSUs are granted on the assumption and condition that the RSUs and any Shares
acquired at settlement of the RSUs are not part of any employment or service agreement (either with the Company or any Subsidiary or other affiliate of the Company, including the Service Recipient), and shall not be considered a mandatory benefit,
salary for any purposes (including severance compensation), or any other right whatsoever. In addition, the Participant understands that this grant of RSUs would not be made but for the assumptions and conditions referred to above; thus, the
Participant acknowledges and freely accepts that, should any or all of the assumptions be mistaken or should any of the conditions not be met for any reason, then any award of or right to the RSUs shall be null and void. 

Further, the Participant understands that the Participant will not be entitled to continue vesting in any RSUs once Participant experiences a Termination of
Service. This will be the case, for example, even in the event of a termination of the Participant by reason of, but not limited to, resignation, retirement, disciplinary dismissal adjudged to be with cause, disciplinary dismissal adjusted or
recognized to be without cause, individual or collective dismissal or objective grounds, whether adjudged or recognized to be without cause, material modification of the terms of employment or service under Article 41 of the Workers’ Statute,
relocation under Article 40 of the Workers’ Statute, Article 50 of the Workers’ Statute, unilateral withdrawal by the Service Recipient and under Article 10.3 of the Royal Decree 1382/1985. The Participant acknowledges that the Participant
has read and specifically accepts the conditions referred to in Sections 2.4 and 3.1 of the Award Agreement. 
 Notifications 

Securities Law Information. No “offer to the public,” as defined under Spanish law, has taken place or will take place in the Spanish
territory in connection with the RSUs. The Plan, this Agreement, and any other documents evidencing this grant of RSUs have not been, nor will they be, registered with the Comisión Nacional del Mercado de Valores (the Spanish
securities regulator), and none of those documents constitutes a public offering prospectus. 

  
 15 

 Exchange Control Information. The Participant must declare the acquisition of Shares to the
Spanish Dirección General de Comercio e Inversiones (the “DGCI”), the Bureau for Commerce and Investments, which is a department of the Ministry of Economics and Competitiveness. The Participant must also
declare ownership of any Shares by filing a Form D-6 with the Directorate of Foreign Transactions each January while the Shares are owned. In addition, the sale of Shares must also be declared on Form D-6 filed with the DGCI in January, unless the sale proceeds exceed the applicable threshold (currently €1,502,530), in which case, the filing is due within one month after the sale. 

In addition, the Participant is required to declare electronically to the Bank of Spain any securities accounts (including brokerage accounts held abroad),
any foreign instruments (e.g., Shares) and any transactions with non-Spanish residents (including any payments of cash or Shares made to the Participant by the Company or any U.S. brokerage account) if
the balances in such accounts together with the value of such instruments as of December 31, or the volume of transactions with non-Spanish residents during the prior or current year, exceed
€1 million. 
 Foreign Asset/Account Reporting Information. To the extent the Participant holds Shares and/or has bank accounts outside
Spain with a value in excess of €50,000 (for each type of asset) as of December 31, the Participant will be required to report information on such assets on his or her tax return (tax form 720) for such year. After such Shares and/or
accounts are initially reported, the reporting obligation will apply for subsequent years only if the value of any previously reported shares or accounts increases by more than €20,000. 

THAILAND 

Notifications 
 Exchange Control
Information. It is the Participant’s responsibility to comply with all exchange control regulations in Thailand. The Participant is required to immediately repatriate the proceeds from the sale of Shares or the receipt of dividends
to Thailand if the proceeds realized in a single transaction exceed US$1,000,000. Within the next 360 days after the repatriation date, the Participant must deposit the proceeds into a foreign currency deposit account or convert them to local
currency. If the amount of such proceeds is equal to or greater than US$1,000,000, the Participant must specifically report the inward remittance to the Bank of Thailand on a Foreign Exchange Transaction Form through the bank at which the
Participant deposits or converts the proceeds. 
 UNITED KINGDOM 

Terms and Conditions 
 Responsibility for
Taxes. The following provision supplements Section 2.6 of the Award Agreement: 
 Without limitation to Section 2.6 of the Award
Agreement, the Participant agrees that the Participant is liable for all Tax-Related Items and hereby covenants to pay all such Tax-Related Items as and when requested
by the Company or the Service Recipient or by Her Majesty’s Revenue and Customs (“HMRC”) (or any other tax authority or any other relevant authority). The Participant also agrees to indemnify and keep indemnified the
Company and the Service Recipient against any Tax-Related Items that they are required to pay or withhold or have paid or will pay to HMRC (or any other tax authority or any other relevant authority) on the
Participant’s behalf. 

  
 16 

 Notwithstanding the foregoing, if the Participant is a director or executive officer (within the meaning of
Section 13(k) of the Exchange Act), the terms of the immediately foregoing provision will not apply in case the indemnification is viewed as a loan. In this case, any income tax not collected within ninety (90) days of the end of the U.K.
tax year in which an event giving rise to the Tax-Related Items occurs may constitute a benefit to the Participant on which additional income tax and employee National Insurance contributions
(“NICs”) may be payable. The Participant understands that he or she will be responsible for reporting and paying any income tax due on this additional benefit directly to HMRC under the self-assessment regime and for
reimbursing the Company and/or the Service Recipient (as appropriate) for the value of employee NICs due on this additional benefit which the Company and/or the Service Recipient may collect by any of the means referred to in Section 2.6 of the
Award Agreement. 

  
 17EX-10.15

 Exhibit 10.15 

AIRBNB, INC. 
 EMPLOYEE
STOCK PURCHASE PLAN 
 ARTICLE 1 

PURPOSE 
 The Plan’s purpose is to
assist employees of the Company and its Designated Companies in acquiring a stock ownership interest in the Company, and to help such employees provide for their future security and to encourage them to remain in the employment of the Company and
its Subsidiaries. 
 The Plan consists of two components: the Section 423 Component and the Non-Section 423
Component. The Section 423 Component is intended to qualify as an “employee stock purchase plan” under Section 423 of the Code and shall be administered, interpreted and construed in a manner consistent with the requirements of
Section 423 of the Code. In addition, this Plan authorizes the grant of Options under the Non-Section 423 Component, which need not qualify as Options granted pursuant to an “employee stock purchase
plan” under Section 423 of the Code; such Options granted under the Non-Section 423 Component shall be granted pursuant to separate Offerings containing such
sub-plans, appendices, rules or procedures as may be adopted by the Administrator and designed to achieve tax, securities laws or other objectives for Eligible Employees and the Designated Companies in
locations outside of the United States. Except as otherwise provided herein or determined by the Administrator, the Non-Section 423 Component will operate and be administered in the same manner as the
Section 423 Component. Offerings intended to be made under the Non-Section 423 Component will be designated as such by the Administrator at or prior to the time of such Offering. 

For purposes of this Plan, the Administrator may designate separate Offerings under the Plan, the terms of which need not be identical, in which Eligible
Employees will participate, even if the dates of the applicable Offering Period(s) in each such Offering is identical, provided that the terms of participation are the same within each separate Offering under the Section 423 Component as
determined under Section 423 of the Code. Solely by way of example and without limiting the foregoing, the Company could, but shall not be required to, provide for simultaneous Offerings under the Section 423 Component and the Non-Section 423 Component of the Plan. 
 ARTICLE 2 

DEFINITIONS 
 As used in the Plan, the
following words and phrases have the meanings specified below, unless the context clearly indicates otherwise: 

2.1    “Administrator” means the Committee, or such individuals to which authority to administer
the Plan has been delegated under Section 7.1 hereof. 
 2.2    “Affiliate” means any
person or entity that directly or indirectly controls, is controlled by or is under common control with the Company. The term “control” (including, with correlative meaning, the terms “controlled by” and “under common
control with”), as applied to any person or entity, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such person or entity, whether through the ownership of voting or
other securities, by contract or otherwise. 

 2.3    “Agent” means the brokerage firm, bank or
other financial institution, entity or person(s), if any, engaged, retained, appointed or authorized to act as the agent of the Company or an Employee with regard to the Plan. 

2.4    “Board” means the Board of Directors of the Company. 

2.5    “Code” means the U.S. Internal Revenue Code of 1986, as amended, and all regulations,
guidance, compliance programs and other interpretative authority issued thereunder. 

2.6    “Committee” means the Compensation Committee of the Board. 

2.7    “Common Stock” means the Class A common stock of the Company. 

2.8    “Company” means Airbnb, Inc., a Delaware corporation, or any successor. 

2.9    “Compensation” of an Employee means the regular earnings or base salary, bonuses and
commissions paid to the Employee by the Company or a Designated Company, as applicable, on each Payday as compensation for services to the Company or the Designated Company, as applicable, before deduction for any salary deferral contributions made
by the Employee to any tax-qualified or nonqualified deferred compensation plan, including overtime, shift differentials, vacation pay, salaried production schedule premiums, holiday pay, jury duty pay,
funeral leave pay, paid time off, military pay, prior week adjustments and weekly bonus, but excluding: (a) education or tuition reimbursements, (b) imputed income arising under any group insurance or benefit program, (c) travel
expenses, (d) business and moving reimbursements, including tax gross ups and taxable mileage allowance, (e) income received in connection with any stock options, restricted stock, restricted stock units or other compensatory equity awards
and (f) all contributions made by the Company or any Designated Company for the Employee’s benefit under any employee benefit plan now or hereafter established. Such Compensation shall be calculated before deduction of any income or
employment tax withholdings, but shall be withheld from the Employee’s net income. The Administrator, in its discretion, may establish a different definition of Compensation for an Offering, which for the Section 423 Component shall apply
on a uniform and nondiscriminatory basis. Further, the Administrator will have discretion to determine the application of this definition to Eligible Employees outside the United States. 

2.10    “Designated Company” means each Affiliate and Subsidiary, including any Affiliate and
Subsidiary in existence on the Effective Date and any Affiliate and Subsidiary formed or acquired following the Effective Date, that has been designated by the Administrator from time to time in its sole discretion as eligible to participate in the
Plan, in accordance with Section 7.2 hereof, such designation to specify whether such participation is in the Section 423 Component or Non-Section 423 Component. A Designated Company may participate
in either the Section 423 Component or Non-Section 423 Component, but not both. Notwithstanding the foregoing, if any Affiliate or Subsidiary is disregarded for U.S. tax purposes in respect of the Company
or any Designated Company participating in the Section 423 Component, then such disregarded Affiliate or Subsidiary shall automatically be a Designated Company participating in the Section 423 Component. If any Affiliate or Subsidiary is
disregarded for U.S. tax purposes in respect of any Designated Company participating in the Non-Section 423 Component, the Administrator may exclude such Affiliate or Subsidiary from participating in the Plan,
notwithstanding that the Designated Company in respect of which such Affiliate or Subsidiary is disregarded may participate in the Plan. 

2.11    “Effective Date” means the date immediately prior to the date the Company’s
registration statement relating to its initial public offering becomes effective, provided that the Board has adopted, and the stockholders approved, the Plan prior to or on such date. 

  
 2 

 2.12     “Eligible Employee” means an Employee:

 (a)    who is customarily scheduled to work over 20 hours per week; 

(b)    whose customary employment is more than five months in a calendar year; 

(c)    who has been employed by the Company or a Designated Company since at least the last day of the second month prior
to the month in which the applicable Enrollment Date occurs; and 
 (d)    who, after the granting of the Option, would
not be deemed for purposes of Section 423(b)(3) of the Code to possess 5% or more of the total combined voting power or value of all classes of stock of the Company or any Subsidiary. 

For purposes of clause (d), the rules of Section 424(d) of the Code with regard to the attribution of stock ownership shall apply in determining the
stock ownership of an individual, and stock which an Employee may purchase under outstanding options shall be treated as stock owned by the Employee. 

Notwithstanding the foregoing, the Administrator may exclude from participation in the Plan as an Eligible Employee: 

(x)    any Employee who is a “highly compensated employee” of the Company or any Designated Company (within the
meaning of Section 414(q) of the Code), or that is such a “highly compensated employee” (A) with compensation above a specified level, (B) who is an officer or (C) who is subject to the disclosure requirements of
Section 16(a) of the Exchange Act; or 
 (y)     any Employee who is a citizen or resident of a jurisdiction
outside the United States (without regard to whether they are also a citizen of the United States or a resident alien (within the meaning of Section 7701(b)(1)(A) of the Code)) if either (A) the grant of the Option is prohibited under the
laws of the jurisdiction governing such Employee, or (B) compliance with the laws of the jurisdiction would cause the Section 423 Component, any Offering thereunder or an Option granted thereunder to violate the requirements of
Section 423 of the Code; 
 provided that any exclusion in clauses (x) or (y) shall be applied in an identical manner under each Offering
to all Employees in accordance with Treas. Reg. § 1.423-2(e). 
 Further notwithstanding the foregoing, with
respect to the Non-Section 423 Component, (a) the Administrator may limit eligibility further within a Designated Company so as to only designate some Employees of a Designated Company as Eligible
Employees, and (b) to the extent any restrictions in this definition are not consistent with applicable local laws, the applicable local laws shall control. 

2.13    “Employee” means any person who renders services to the Company or a Designated Company in
the status of an employee within the meaning of Section 3401(c) of the Code. “Employee” shall not include any director of the Company or a Designated Company who does not render services to the Company or a Designated Company in the
status of an employee within the meaning of Section 3401(c) of the Code. For purposes of the Plan, the employment relationship shall be treated as continuing intact while the individual is on military leave, sick leave or other leave of absence
approved by the Company or a Designated Company and meeting the requirements of Treas. Reg. § 1.421-1(h)(2). Where the period of leave exceeds three months, or such other period specified in Treas. Reg.
§ 1.421-1(h)(2), and the individual’s right to reemployment is not guaranteed either by statute or by contract, the employment relationship shall be deemed to have terminated on the first day
immediately following such three (3)-month period, or such other period specified in Treas. Reg. § 1.421-1(h)(2). 

  
 3 

 2.14    “Enrollment Date” means the first date
of each Offering Period. 
 2.15    “Exercise Date” means the last day of each Purchase Period,
except as provided in Section 5.2 hereof. 
 2.16    “Exchange Act” means the U.S.
Securities Exchange Act of 1934, as amended. 
 2.17    “Fair Market Value” means, as of any
date, the value of Common Stock determined as follows: 
 (a)    If the Common Stock is (i) listed on any
established securities exchange (such as the New York Stock Exchange or Nasdaq Stock Market), (ii) listed on any national market system or (iii) listed, quoted or traded on any automated quotation system, its Fair Market Value shall be the
closing sales price for a share of Common Stock as quoted on such exchange or system for such date or, if there is no closing sales price for a share of Common Stock on the date in question, the closing sales price for a share of Common Stock on the
last preceding date for which such quotation exists, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; 

(b)    If the Common Stock is not listed on an established securities exchange, national market system or automated
quotation system, but the Common Stock is regularly quoted by a recognized securities dealer, its Fair Market Value shall be the mean of the high bid and low asked prices for such date or, if there are no high bid and low asked prices for a share of
Common Stock on such date, the high bid and low asked prices for a share of Common Stock on the last preceding date for which such information exists, as reported in The Wall Street Journal or such other source as the Administrator deems
reliable; or 
 (c)    If the Common Stock is neither listed on an established securities exchange, national market
system or automated quotation system nor regularly quoted by a recognized securities dealer, its Fair Market Value shall be established by the Administrator in good faith. 

Notwithstanding the foregoing, the Fair Market Value on the Initial Grant Date shall be initial public offering price of a share as set forth in the
Company’s final prospectus relating to its initial public offering filed with the U.S. Securities and Exchange Commission. 

2.18    “Grant Date” means the first day of an Offering Period. 

2.19    “Initial Grant Date” means the date the Company’s registration statement relating to
its initial public offering becomes effective, provided that the Board has adopted, and the stockholders approved, the Plan prior to or on such date. 

2.20    “New Exercise Date” has the meaning set forth in Section 5.2(b) hereof. 

2.21    “Non-Section 423 Component” means those Offerings
under the Plan, together with the sub-plans, appendices, rules or procedures, if any, adopted by the Administrator as a part of this Plan, in each case, pursuant to which Options may be granted to Eligible
Employees that need not satisfy the requirements for Options granted pursuant to an “employee stock purchase plan” that are set forth under Section 423 of the Code. 

2.22    “Offering” means an offer under the Plan of an Option that may be exercised during an
Offering Period as further described in Article 4 hereof. Unless otherwise specified by the Administrator, each Offering to the Eligible Employees shall be deemed a separate Offering, even if the dates and other terms of the applicable Purchase
Periods of each such Offering are identical and the provisions of the Plan 

  
 4 

 
will separately apply to each Offering. To the extent permitted by Treas. Reg. § 1.423-2(a)(1), the terms of each separate Offering under the
Section 423 Component need not be identical, provided that the terms of the Section 423 Component and an Offering thereunder together satisfy Treas. Reg. § 1.423-2(a)(2) and (a)(3). 

2.23    “Offering Period” means each consecutive, overlapping twelve (12)-month period commencing
on each November 16 and May 16, and with respect to which Options shall be granted to Participants, provided that the first Offering Period (the “Initial Offering Period”) shall commence on the Initial Grant Date
and shall end on November 15, 2021. The duration and timing of Offering Periods may be established or changed by the Administrator at any time, in its sole discretion. Notwithstanding the foregoing, in no event may an Offering Period exceed 27
months. 
 2.24    “Option” means the right to purchase shares of Common Stock pursuant to the
Plan during each Offering Period. 
 2.25    “Option Price” means the purchase price of a share
of Common Stock hereunder as provided in Section 4.2 hereof. 
 2.26    “Parent” means any
entity that is a parent corporation of the Company within the meaning of Section 424 of the Code. 

2.27    “Participant” means any Eligible Employee who elects to participate in the Plan. 

2.28    “Payday” means the regular and recurring established day for payment of Compensation to an
Employee. 
 2.29    “Plan” means this Employee Stock Purchase Plan, including both the
Section 423 Component and Non-Section 423 Component and any other sub-plans or appendices hereto, as amended from time to time. 

2.30    “Plan Account” means a bookkeeping account established and maintained by the Company in
the name of each Participant. 
 2.31    “Purchase Period” means each consecutive six (6)-month
period commencing on each May 16 and November 16 within each Offering Period, provided that the first Purchase Period hereunder shall commence under the Initial Offering Period on the Initial Grant Date and end on May 15, 2021 (the
“Initial Purchase Period”). The first Purchase Period of each Offering Period shall commence on the Grant Date and end with the next Exercise Date. The duration and timing of Purchase Periods may be established or changed by
the Administrator at any time, in its sole discretion. Notwithstanding the foregoing, in no event may a Purchase Period exceed the duration of the Offering Period under which it is established. 

2.32    “Section 409A” means Section 409A of the Code. 

2.33    “Section 423 Component” means those Offerings under the
Plan that are intended to meet the requirements under Section 423(b) of the Code. 

2.34    “Subsidiary” means any entity that is a subsidiary corporation of the Company within the
meaning of Section 424 of the Code. 

  
 5 

 2.35    “Tax-Related
Items” means any U.S. and non-U.S. federal, state and/or local taxes (including, without limitation, income tax, social insurance contributions, fringe benefit tax, employment tax, stamp tax and
any employer tax liability which has been transferred to a Participant) for which a Participant is liable in connection with his or her participation in the Plan. 

2.36    “Treas. Reg.” means U.S. Department of the Treasury regulations. 

2.37    “Withdrawal Election” has the meaning set forth in Section 6.1(a) hereof. 

ARTICLE 3 
 PARTICIPATION

 3.1    Eligibility. 

(a)    Any Eligible Employee who is employed by the Company or a Designated Company on a given Enrollment Date for an
Offering Period shall be eligible to participate in the Plan during such Offering Period, subject to the requirements of Articles 4 and 5 hereof, and, for the Section 423 Component, the limitations imposed by Section 423(b) of the Code.
Notwithstanding the foregoing, each Eligible Employee who is employed by the Company or a Designated Company on the Initial Grant Date shall be eligible to participate in the Initial Offering Period, subject to the requirements of Articles 4 and 5
hereof, and, for the Section 423 Component, the limitations imposed by Section 423(b) of the Code. 

(b)    No Eligible Employee shall be granted an Option under the Section 423 Component which permits the
Participant’s rights to purchase shares of Common Stock under the Plan, and to purchase stock under all other employee stock purchase plans of the Company, any Parent or any Subsidiary subject to Section 423 of the Code, to accrue at a
rate which exceeds $25,000 of fair market value of such stock (determined at the time such Option is granted) for each calendar year in which such Option is outstanding at any time. The limitation under this Section 3.1(b) shall be applied in
accordance with Section 423(b)(8) of the Code. 
 3.2    Election to Participate; Payroll Deductions 

(a)    Each individual who is an Eligible Employee as of an Offering Period’s Enrollment Date may elect to participate
in such Offering Period and the Plan by delivering to the Company or an Agent designated by the Company an enrollment form including a payroll deduction authorization (which may be in an electronic format or such other method as determined by the
Company in accordance with the Company’s practices) (a “Participation Election”) no later than the period of time prior to (i) the applicable Enrollment Date or (ii) solely in respect of the Initial Offering
Period, the last day of the Initial Purchase Period, in each case, that is determined by the Administrator, in its sole discretion. Except as provided in Sections 3.2(e), 3.2(f) and 3.3 hereof, an Eligible Employee may participate in the Plan only
by means of payroll deduction. 
 (b)    Subject to Section 3.1(b) hereof and except as may otherwise be determined
by the Administrator, payroll deductions (i) shall equal at least 1% of the Participant’s Compensation as of each Payday of the Offering Period following the Enrollment Date, but not more than 15% of the Participant’s
Compensation as of each Payday of the Offering Period following the Enrollment Date; and (ii) shall be expressed as a whole number percentage. Subject to Section 3.2(e) hereof, amounts deducted from a Participant’s Compensation with
respect to an Offering Period pursuant to this Section 3.2 shall be deducted each Payday through payroll deduction and credited to the Participant’s Plan Account; provided that for the Initial Offering Period under this Plan, payroll
deductions shall not begin until such date determined by the Administrator, in its sole discretion. 

  
 6 

 (c)    Following at least one payroll deduction, a Participant may
decrease (to as low as zero) the amount deducted from such Participant’s Compensation only once during a Purchase Period upon ten calendar days’ prior written notice to the Company. After the Initial Offering Period, a Participant may not
increase the amount deducted from such Participant’s Compensation during an Offering Period. 
 (d)    Upon the
completion of an Offering Period, each Participant in such Offering Period shall automatically participate in the immediately following Offering Period at the same payroll deduction percentage as in effect at the termination of such Offering Period,
unless such Participant delivers to the Company or an Agent designated by the Company a different Participation Election with respect to the successive Offering Period in accordance with Section 3.2(a) hereof, or unless such Participant becomes
ineligible for participation in the Plan. 
 (e)    Notwithstanding any other provisions of the Plan to the contrary, in
non-U.S. jurisdictions where participation in the Plan through payroll deductions is prohibited or otherwise problematic under applicable local laws (as determined by the Administrator in its sole discretion),
the Administrator may provide that an Eligible Employee may elect to participate through contributions to the Participant’s Plan Account in a form acceptable to the Administrator in lieu of or in addition to payroll deductions; provided,
however, that, for any Offering under the Section 423 Component, the Administrator must determine that any alternative method of contribution is applied on an equal and uniform basis to all Eligible Employees in the Offering. Any reference to
“payroll deductions” in this Section 3.2 (or in any other section of the Plan) will similarly cover contributions by other means made pursuant to this Section 3.2(e). 

(f)    Notwithstanding anything in this Section 3.2 to the contrary, each Eligible Employee who is employed by the
Company or a Designated Company on the Initial Grant Date shall automatically become a Participant in the Plan with respect to the Initial Offering Period. Each such Participant shall be granted an Option to purchase the maximum number of shares of
Common Stock purchasable assuming the maximum amount of contributions permitted to be made by such Participant for such Initial Offering Period pursuant to the terms of this Plan. Following the Initial Grant Date (but in no event prior to the date
on which the Company’s registration statement on Form S-8 is filed with the U.S. Securities and Exchange Commission in respect of the Plan), each such Participant may, during the period designated from
time to time by the Administrator for such purpose, (i) elect to make such contributions (or a lesser amount of contributions) for the Initial Offering Period by payroll deductions in accordance with the Plan, such payroll deductions not to
exceed 15% of such Participant’s Compensation for the Paydays occurring during the Initial Purchase Period, provided that an individual payroll deduction may exceed 15% of such Participant’s Compensation for the applicable Payday or
(ii) elect to make no contributions for such Initial Offering Period; provided, however, that, to make contributions by payroll deductions, such Participant must deliver the Participation Election provided by the Company or an Agent designated
by the Company for the Initial Offering Period under this Plan on or prior to the date designated by the Administrator for such purpose. If any Participant fails to deliver the Participation Election provided by the Company or an Agent designated by
the Company for the Initial Offering Period on or prior to the date designated by the Administrator for such purpose, such Participant shall be deemed to have withdrawn from the Initial Offering Period. 

ARTICLE 4 
 PURCHASE OF
SHARES 
 4.1    Grant of Option. The Company may make one or more Offerings under the Plan, which may be
successive or overlapping with one another, until the earlier of: (i) the date on which all shares of Common Stock available under the Plan have been purchased or (ii) the date on which the Plan is suspended or terminates. The
Administrator shall designate the terms and conditions of each Offering in writing, 

  
 7 

 
including without limitation, the Offering Period and the Purchase Periods. Each Participant shall be granted an Option with respect to an Offering Period on the applicable Grant Date. Subject to
the limitations of Section 3.1(b) hereof, the number of shares of Common Stock subject to a Participant’s Option shall be determined by dividing (a) such Participant’s payroll deductions accumulated prior to an Exercise Date and
retained in the Participant’s Plan Account on such Exercise Date by (b) the applicable Option Price; provided that in no event shall a Participant be permitted to purchase during each Purchase Period more than such number of whole
shares of Common Stock determined by dividing $12,500 by the Fair Market Value of a share of Common Stock on the Grant Date of the Offering Period in which the Purchase Period occurs (subject to any adjustment pursuant to Section 5.2 hereof);
as a result, in no event will a Participant be eligible to purchase during any Offering Period that number of whole shares of Common Stock determined by dividing $25,000 by the Fair Market Value of a share of Common Stock on the Grant Date of such
Offering Period (subject to any adjustment pursuant to Section 5.2 hereof). The Administrator may, for future Offering Periods, increase or decrease, in its absolute discretion, the maximum number of shares of Common Stock that a Participant
may purchase during Purchase Periods under such future Offering Periods. Each Option shall expire on the last Exercise Date for the applicable Offering Period immediately after the automatic exercise of the Option in accordance with Section 4.3
hereof, unless such Option terminates earlier in accordance with Article 6 hereof. 
 4.2    Option Price. The
Option Price shall equal 85% of the lesser of the Fair Market Value of a share of Common Stock on (a) the applicable Grant Date and (b) the applicable Exercise Date, or such other price designated by the Administrator; provided that
in no event shall the Option Price be less than the par value per share of the Common Stock. 
 4.3    Purchase of
Shares. 
 (a)    On each Exercise Date for an Offering Period, each Participant shall automatically and without any
action on such Participant’s part be deemed to have exercised the Participant’s Option to purchase at the applicable Option Price the largest number of whole shares of Common Stock which can be purchased with the amount in the
Participant’s Plan Account, subject to the limitations set forth in the Plan. Unless otherwise determined by the Administrator in advance of an Offering, any balance that is remaining in the Participant’s Plan Account (after exercise of
such Participant’s Option) as of the Exercise Date shall be refunded as soon as administratively practicable to the applicable Participant. 

(b)    As soon as practicable following each Exercise Date, the number of shares of Common Stock purchased by such
Participant pursuant to Section 4.3(a) hereof shall be delivered (either in share certificate or book entry form), in the Company’s sole discretion, to either (i) the Participant or (ii) an account established in the
Participant’s name at a stock brokerage or other financial services firm designated by the Company. The Company may require that shares be retained with such brokerage or firm for a designated period of time and/or may establish procedures to
permit tracking of disqualifying dispositions of such shares. 
 4.4    Automatic Termination of Offering Period.
If the Fair Market Value of a share of Common Stock on any Exercise Date (except the final scheduled Exercise Date of any Offering Period) is lower than the Fair Market Value of a share of Common Stock on the Grant Date for an Offering Period, then
such Offering Period shall terminate on such Exercise Date after the automatic exercise of the Option in accordance with Section 4.3 hereof, and each Participant shall automatically be enrolled in the Offering Period that commences immediately
following such Exercise Date and such Participant’s Participation Election shall remain in effect for such Offering Period. 

  
 8 

 4.5    Transferability of Rights. An Option granted under the
Plan shall not be transferable, other than by will or the applicable laws of descent and distribution, and is exercisable during the Participant’s lifetime only by the Participant. No option or interest or right to the Option shall be available
to pay off any debts, contracts or engagements of the Participant or the Participant’s successors in interest or shall be subject to disposition by pledge, encumbrance, assignment or any other means whether such disposition be voluntary or
involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempt at disposition of the Option shall have no effect. 

ARTICLE 5 
 PROVISIONS
RELATING TO COMMON STOCK 
 5.1    Common Stock Reserved. Subject to adjustment as provided in
Section 5.2 hereof, the maximum number of shares of Common Stock that shall be made available for sale under the Plan shall be the sum of (a) 4,000,000 shares and (b) an annual increase on the first day of each year beginning on
January 1, 2022 and annually thereafter ending in 2030 equal to the lesser of (i) 1% of the aggregate number of shares of all classes of the Company’s common stock outstanding (on an as converted basis) on the last day of the immediately
preceding fiscal year and (ii) such number of shares as may be determined by the Board; provided, however, no more than [            ]1 shares may be issued under the Plan. Shares made available for sale under the Plan may be authorized but unissued shares, treasury shares of Common Stock, or reacquired shares reserved for issuance
under the Plan. 
 5.2    Adjustments Upon Changes in Capitalization, Dissolution, Liquidation, Merger or Asset
Sale. 
 (a)    Changes in Capitalization. Subject to any required action by the stockholders of the Company,
the number of shares of Common Stock which have been authorized for issuance under the Plan but not yet placed under Option, as well as the price per share and the number of shares of Common Stock covered by each Option under the Plan which has not
yet been exercised shall be proportionately adjusted for any increase or decrease in the number of issued shares of Common Stock resulting from a stock split, reverse stock split, stock dividend, combination or reclassification of the Common Stock,
or any other increase or decrease in the number of shares of Common Stock effected without receipt of consideration by the Company; provided, however, that conversion of any convertible securities of the Company shall not be deemed to
have been “effected without receipt of consideration.” Such adjustment shall be made by the Administrator, whose determination in that respect shall be final, binding and conclusive. Except as expressly provided herein, no issuance by the
Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number or price of shares of Common Stock subject to an
Option. 
 (b)    Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the
Company, the Offering Periods then in progress shall be shortened by setting a new Exercise Date (the “New Exercise Date”), and shall terminate immediately prior to the consummation of such proposed dissolution or
liquidation, unless provided otherwise by the Administrator. The New Exercise Date shall be before the date of the Company’s proposed dissolution or liquidation. The Administrator shall notify each Participant in writing, at least
ten business days prior to the New Exercise Date, that the Exercise Date for the Participant’s Option has been changed to the New Exercise Date and that the Participant’s Option shall be exercised automatically on the New Exercise
Date, unless prior to such date the Participant has withdrawn from the Offering Period as provided in Section 6.1 hereof or the Participant has ceased to be an Eligible Employee as provided in Section 6.2 hereof. 

 

	1 	 NTD: To be completed prior to the IPO and equal to 125% of the sum of 2 million plus 9% of the shares of
all classes of Common Stock outstanding as of the IPO (after giving effect to the number of shares being sold in the IPO, on an as converted basis and including shares subject to outstanding equity awards and the reserve under this Plan and the 2020
Plan). 

  
 9 

 (c)    Merger or Asset Sale. In the event of a proposed sale of
all or substantially all of the assets of the Company, or the merger of the Company with or into another corporation, each outstanding Option shall be assumed or an equivalent Option substituted by the successor corporation or a parent or subsidiary
of the successor corporation. If the successor corporation refuses to assume or substitute for the Option, any Offering Periods then in progress shall be shortened by setting a New Exercise Date and any Offering Periods then in progress shall end on
the New Exercise Date. The New Exercise Date shall be before the date of the Company’s proposed sale or merger. The Administrator shall notify each Participant in writing, at least ten business days prior to the New Exercise Date, that the
Exercise Date for the Participant’s Option has been changed to the New Exercise Date and that the Participant’s Option shall be exercised automatically on the New Exercise Date, unless prior to such date the Participant has withdrawn from
the Offering Period as provided in Section 6.1 hereof or the Participant has ceased to be an Eligible Employee as provided in Section 6.2 hereof. 

5.3    Insufficient Shares. If the Administrator determines that, on a given Exercise Date, the number of shares of
Common Stock with respect to which Options are to be exercised may exceed the number of shares of Common Stock remaining available for sale under the Plan on such Exercise Date, the Administrator shall make a pro rata allocation of the shares of
Common Stock available for issuance on such Exercise Date in as uniform a manner as shall be practicable and as it shall determine in its sole discretion to be equitable among all Participants exercising Options to purchase Common Stock on such
Exercise Date, and unless additional shares are authorized for issuance under the Plan, no further Offering Periods shall take place and the Plan shall terminate pursuant to Section 7.5 hereof. If an Offering Period is so terminated, then the
balance of the amount credited to the Participant’s Plan Account which has not been applied to the purchase of shares of Common Stock shall be paid to such Participant in one lump sum in cash within 30 days after such Exercise Date, without any
interest thereon (except as may be required by applicable local laws). 
 5.4    Rights as Stockholders. With
respect to shares of Common Stock subject to an Option, a Participant shall not be deemed to be a stockholder of the Company and shall not have any of the rights or privileges of a stockholder. A Participant shall have the rights and privileges of a
stockholder of the Company when, but not until, shares of Common Stock have been deposited in the designated brokerage account following exercise of the Participant’s Option. 

ARTICLE 6 
 TERMINATION
OF PARTICIPATION 
 6.1    Cessation of Contributions; Voluntary Withdrawal. 

(a)    A Participant may cease payroll deductions during an Offering Period and elect to withdraw from the Plan by
delivering written notice of such election to the Company or an Agent designated by the Company in such form and at such time prior to the Exercise Date for such Offering Period as may be established by the Administrator (a “Withdrawal
Election”). In the event a Participant elects to withdraw from the Plan, amounts then credited to such Participant’s Plan Account shall be returned to the Participant in one lump-sum payment
in cash within 30 days after such election is received by the Company, without any interest thereon (except as may be required by applicable local laws), and the Participant shall cease to participate in the Plan and the Participant’s Option
for such Offering Period shall terminate. Upon receipt of a Withdrawal Election, the Participant’s Participation Election and the Participant’s Option shall terminate. 

  
 10 

 (b)    A Participant’s withdrawal from the Plan shall not have any
effect upon the Participant’s eligibility to participate in any similar plan which may hereafter be adopted by the Company or in succeeding Offering Periods which commence after the termination of the Offering Period from which the Participant
withdraws. 
 (c)    A Participant who ceases contributions to the Plan during any Offering Period shall not be
permitted to resume contributions to the Plan during that Offering Period. 
 6.2    Termination of Eligibility.
Upon a Participant’s ceasing to be an Eligible Employee, for any reason, such Participant’s Option for the applicable Offering Period shall automatically terminate, the Participant shall be deemed to have elected to withdraw from the Plan,
and any balance on such Participant’s Plan Account shall be paid to such Participant or, in the case of the Participant’s death, to the person or persons entitled thereto pursuant to applicable law, within 30 days after such cessation of
being an Eligible Employee, without any interest thereon (except as may be required by applicable local laws). If a Participant transfers employment from the Company or any Designated Company participating in the Section 423 Component to any
Designated Company participating in the Non-Section 423 Component, such transfer shall not be treated as a termination of employment, but the Participant shall immediately cease to participate in the
Section 423 Component; however, any contributions made for the Offering Period in which such transfer occurs shall be transferred to the Non-Section 423 Component, and such Participant shall immediately
join the then-current Offering under the Non-Section 423 Component upon the same terms and conditions in effect for the Participant’s participation in the Section 423 Component, except for such
modifications otherwise applicable for Participants in such Offering. A Participant who transfers employment from any Designated Company participating in the Non-Section 423 Component to the Company or any
Designated Company participating in the Section 423 Component shall not be treated as terminating the Participant’s employment and shall remain a Participant in the Non-Section 423 Component until
the earlier of (i) the end of the current Offering Period under the Non-Section 423 Component, or (ii) the Enrollment Date of the first Offering Period in which the Participant is eligible to
participate following such transfer. Notwithstanding the foregoing, the Administrator may establish different rules to govern transfers of employment between companies participating in the Section 423 Component and the Non-Section 423 Component, consistent with the applicable requirements of Section 423 of the Code. 

ARTICLE 7 
 GENERAL
PROVISIONS 
 7.1    Administration. 

(a)    The Plan shall be administered by the Committee, which shall be composed of members of the Board. The Committee may
delegate administrative tasks under the Plan to the services of an Agent or Employees to assist in the administration of the Plan, including without limitation, determining the Designated Companies participating in the Plan, establishing and
maintaining an individual securities account under the Plan for each Participant, determining enrollment and withdrawal deadlines and determining exchange rates. In its absolute discretion, the Board may at any time and from time to time exercise
any and all rights and duties of the Administrator under the Plan. 
 (b)    It shall be the duty of the Administrator
to conduct the general administration of the Plan in accordance with the provisions of the Plan. The Administrator shall have the power, subject to, and within the limitations of, the express provisions of the Plan: 

(i)    To establish and terminate Offerings; 

  
 11 

 (ii)    To determine when and how Options shall be granted and the
provisions and terms of each Offering (which need not be identical); 
 (iii)    To select Designated Companies in
accordance with Section 7.2 hereof; and 
 (iv)    To construe and interpret the Plan, the terms of any Offering
and the terms of the Options and to adopt such rules for the administration, interpretation, and application of the Plan as are consistent therewith and to interpret, amend or revoke any such rules. The Administrator, in the exercise of this power,
may correct any defect, omission or inconsistency in the Plan, any Offering or any Option, in a manner and to the extent it shall deem necessary or expedient to administer the Plan, subject to Section 423 of the Code for the Section 423
Component. 
 (c)    The Administrator may adopt rules or procedures relating to the operation and administration of the
Plan to accommodate the specific requirements of local laws and procedures. Without limiting the generality of the foregoing, the Administrator is specifically authorized to adopt rules and procedures regarding handling of participation elections,
payroll deductions, payment of interest, conversion of local currency, payroll tax, withholding procedures and handling of stock certificates which vary with local requirements. 

(d)    The Administrator may adopt sub-plans applicable to particular Designated
Companies or locations, which sub-plans may be designed to be outside the scope of Section 423 of the Code. The rules of such sub-plans may take precedence over
other provisions of this Plan, with the exception of Section 5.1 hereof, but unless otherwise superseded by the terms of such sub-plan, the provisions of this Plan shall govern the operation of such sub-plan. 

(e)    All expenses and liabilities incurred by the Administrator in connection with the administration of the Plan shall
be borne by the Company. The Administrator may employ attorneys, consultants, accountants, appraisers, brokers or other persons. The Administrator, the Company and its officers and directors shall be entitled to rely upon the advice, opinions or
valuations of any such persons. All actions taken and all interpretations and determinations made by the Administrator in good faith shall be final and binding upon all Participants, the Company and all other interested persons. No member of the
Board or Administrator shall be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or the Options, and all members of the Board or Administrator shall be fully protected by the Company in
respect to any such action, determination, or interpretation. 
 7.2    Designation of Affiliates and
Subsidiaries. The Administrator shall designate from time to time the Affiliates and Subsidiaries that shall constitute Designated Companies, and determine whether such Designated Companies shall participate in the Section 423 Component or Non-Section 423 Component; provided, however, that an Affiliate that does not also qualify as a Subsidiary may be designated only as participating in the Non-Section
423 Component. The Administrator may designate an Affiliate or Subsidiary, or terminate the designation of an Affiliate or Subsidiary, without the approval of the stockholders of the Company. 

7.3    Reports. Individual accounts shall be maintained for each Participant in the Plan. Statements of Plan
Accounts shall be given to Participants at least annually, which statements shall set forth the amounts of payroll deductions, the Option Price, the number of shares purchased and the remaining cash balance, if any. 

7.4    No Right to Employment. Nothing in the Plan shall be construed to give any person (including any
Participant) the right to remain in the employ of the Company, a Parent or a Subsidiary or to affect the right of the Company, any Parent or any Subsidiary to terminate the employment of any person (including any Participant) at any time, with or
without cause, which right is expressly reserved. 

  
 12 

 7.5    Amendment and Termination of the Plan. 

(a)    The Board may, in its sole discretion, amend, suspend or terminate the Plan at any time and from time to time. To
the extent necessary to comply with Section 423 of the Code (or any successor rule or provision), with respect to the Section 423 Component, or any other applicable law, regulation or stock exchange rule, the Company shall obtain
stockholder approval of any such amendment to the Plan in such a manner and to such a degree as required by Section 423 of the Code or such other law, regulation or rule. 

(b)    If the Administrator determines that the ongoing operation of the Plan may result in unfavorable financial
accounting consequences, the Administrator may in its discretion modify or amend the Plan to reduce or eliminate such accounting consequence including, but not limited to: 

(i)    altering the Option Price for any Offering Period including an Offering Period underway at the time of the change
in Option Price; 
 (ii)    shortening any Offering Period so that the Offering Period ends on a new Exercise Date,
including an Offering Period underway at the time of the Administrator action; and 
 (iii)    allocating shares of
Common Stock. 
 Such modifications or amendments shall not require stockholder approval or the consent of any Participant. 

(c)    Upon termination of the Plan, the balance in each Participant’s Plan Account shall be refunded as soon as
practicable after such termination, without any interest thereon (except as may be required by applicable local laws). 

7.6    Use of Funds; No Interest Paid. All funds received by the Company by reason of purchase of shares of Common
Stock under the Plan shall be included in the general funds of the Company free of any trust or other restriction and may be used for any corporate purpose (except as may be required by applicable local laws). No interest shall be paid to any
Participant or credited under the Plan (except as may be required by applicable local laws). 
 7.7    Term; Approval
by Stockholders. No Option may be granted during any period of suspension of the Plan or after termination of the Plan. The Plan shall be submitted for the approval of the Company’s stockholders within 12 months after the date of the
Board’s initial adoption of the Plan. Options may be granted prior to such stockholder approval; provided, however, that such Options shall not be exercisable prior to the time when the Plan is approved by the stockholders;
provided, further that if such approval has not been obtained by the end of the 12-month period, all Options previously granted under the Plan shall thereupon terminate and be canceled and become
null and void without being exercised. 
 7.8    Effect Upon Other Plans. The adoption of the Plan shall not
affect any other compensation or incentive plans in effect for the Company, any Parent or any Subsidiary. Nothing in the Plan shall be construed to limit the right of the Company, any Parent or any Subsidiary (a) to establish any other forms of
incentives or compensation for employees of the Company or any Parent or any Subsidiary, or (b) to grant or assume Options otherwise than under the Plan in connection with any proper corporate purpose, including, but not by way of limitation,
the grant or assumption of options in connection with the acquisition, by purchase, lease, merger, consolidation or otherwise, of the business, stock or assets of any corporation, firm or association. 

  
 13 

 7.9    Conformity to Securities Laws. Notwithstanding any other
provision of the Plan, the Plan and the participation in the Plan by any individual who is then subject to Section 16 of the Exchange Act shall be subject to any additional limitations set forth in any applicable exemption rule under
Section 16 of the Exchange Act (including any amendment to Rule 16b-3 of the Exchange Act) that are requirements for the application of such exemptive rule. To the extent permitted by applicable law, the
Plan shall be deemed amended to the extent necessary to conform to such applicable exemptive rule. 
 7.10    Notice
of Disposition of Shares. Each Participant shall give the Company prompt notice of any disposition or other transfer of any shares of Common Stock, acquired pursuant to the exercise of an Option granted under the Section 423 Component, if
such disposition or transfer is made (a) within two years after the applicable Grant Date or (b) within one year after the transfer of such shares of Common Stock to such Participant upon exercise of such Option. The Company may direct
that any certificates evidencing shares acquired pursuant to the Plan refer to such requirement. 
 7.11    Tax
Withholding. At the time of any taxable event that creates a withholding obligation for the Company or any Parent, Affiliate or Subsidiary, the Participant will make adequate provision for any Tax-Related
Items. In their sole discretion, and except as otherwise determined by the Administrator, the Company or the Designated Company that employs or employed the Participant may satisfy their obligations to withhold
Tax-Related Items by (a) withholding from the Participant’s wages or other compensation, (b) withholding a sufficient whole number of shares of Common Stock otherwise issuable following exercise
of the Option having an aggregate value sufficient to pay the Tax-Related Items required to be withheld with respect to the Option and/or shares, or (c) withholding from proceeds from the sale of shares
of Common Stock issued upon exercise of the Option, either through a voluntary sale or a mandatory sale arranged by the Company. 

7.12    Governing Law. The Plan and all rights and obligations thereunder shall be construed and enforced in
accordance with the laws of the State of Delaware, without regard to the conflict of law rules thereof or of any other jurisdiction. 

7.13    Notices. All notices or other communications by a Participant to the Company under or in connection with
the Plan shall be deemed to have been duly given when received in the form specified by the Company at the location, or by the person, designated by the Company for the receipt thereof. 

7.14    Conditions To Issuance of Shares. 

(a)    Notwithstanding anything herein to the contrary, the Company shall not be required to issue or deliver any
certificates or make any book entries evidencing shares of Common Stock pursuant to the exercise of an Option by a Participant, unless and until the Administrator has determined, with advice of counsel, that the issuance of such shares of Common
Stock is in compliance with all applicable laws, regulations of governmental authorities and, if applicable, the requirements of any securities exchange or automated quotation system on which the shares of Common Stock are listed or traded, and the
shares of Common Stock are covered by an effective registration statement or applicable exemption from registration. In addition to the terms and conditions provided herein, the Administrator may require that a Participant make such reasonable
covenants, agreements, and representations as the Administrator, in its discretion, deems advisable in order to comply with any such laws, regulations, or requirements. 

  
 14 

 (b)    All certificates for shares of Common Stock delivered pursuant to
the Plan and all shares of Common Stock issued pursuant to book entry procedures are subject to any stop-transfer orders and other restrictions as the Administrator deems necessary or advisable to comply with U.S. and
non-U.S. federal, state or local securities or other laws, rules and regulations and the rules of any securities exchange or automated quotation system on which the shares of Common Stock are listed, quoted,
or traded. The Administrator may place legends on any certificate or book entry evidencing shares of Common Stock to reference restrictions applicable to the shares of Common Stock. 

(c)    The Administrator shall have the right to require any Participant to comply with any timing or other restrictions
with respect to the settlement, distribution or exercise of any Option, including a window-period limitation, as may be imposed in the sole discretion of the Administrator. 

(d)    Notwithstanding any other provision of the Plan, unless otherwise determined by the Administrator or required by
any applicable law, rule or regulation, the Company may, in lieu of delivering to any Participant certificates evidencing shares of Common Stock issued in connection with any Option, record the issuance of shares of Common Stock in the books of the
Company (or, as applicable, its transfer agent or stock plan administrator). 
 If, pursuant to this Section 7.14, the Administrator determines that
shares of Common Stock will not be issued to any Participant, the Company is relieved from liability to any Participant except to refund to the Participant such Participant’s Plan Account balance, without interest thereon (except as may be
required by applicable local laws). 
 7.15    Equal Rights and Privileges. All Eligible Employees granted
Options pursuant to an Offering under the Section 423 Component shall have equal rights and privileges under this Plan to the extent required under Section 423 of the Code so that the Section 423 Component qualifies as an
“employee stock purchase plan” within the meaning of Section 423 of the Code. Any provision of the Section 423 Component that is inconsistent with Section 423 of the Code shall, without further act or amendment by the
Company or the Board, be reformed to comply with the equal rights and privileges requirement of Section 423 of the Code. Eligible Employees participating in the Non-Section 423 Component need not have the
same rights and privileges as each other, or as Eligible Employees participating in the Section 423 Component. 

7.16    Rules Particular to Specific Countries. Notwithstanding anything herein to the contrary, the terms and
conditions of the Plan with respect to Participants who are tax residents of a particular non-U.S. country or who are non-U.S. nationals or employed in non-U.S. jurisdictions may be subject to an addendum to the Plan in the form of an appendix or sub-plan (which appendix or sub-plan may
be designed to govern Offerings under the Section 423 Component or the Non-Section 423 Component, as determined by the Administrator). To the extent that the terms and conditions set forth in an appendix
or sub-plan conflict with any provisions of the Plan, the provisions of the appendix or sub-plan shall govern. The adoption of any such appendix or sub-plan shall be pursuant to Section 7.1 above. Without limiting the foregoing, the Administrator is specifically authorized to adopt rules and procedures, with respect to Participants who are non-U.S. nationals or employed in non-U.S. jurisdictions, regarding the exclusion of particular Affiliates or Subsidiaries from participation in the Plan, eligibility to
participate, the definition of Compensation, handling of payroll deductions or other contributions by Participants, payment of interest, conversion of local currency, data privacy security, payroll tax, withholding procedures, establishment of bank
or trust accounts to hold payroll deductions or contributions. 
 7.17    Section 409A. The Section 423
Component of the Plan and the Options granted pursuant to Offerings thereunder are intended to be exempt from the application of Section 409A. Neither the Non-Section 423 Component nor any Option granted
pursuant to an Offering thereunder is intended to constitute 

  
 15 

 
or provide for “nonqualified deferred compensation” within the meaning of Section 409A. Notwithstanding any provision of the Plan to the contrary, if the Administrator determines
that any Option granted under the Plan may be or become subject to Section 409A or that any provision of the Plan may cause an Option granted under the Plan to be or become subject to Section 409A, the Administrator may adopt such
amendments to the Plan and/or adopt other policies and procedures (including amendments, policies and procedures with retroactive effect), or take any other actions as the Administrator determines are necessary or appropriate to avoid the imposition
of taxes under Section 409A, either through compliance with the requirements of Section 409A or with an available exemption therefrom. 

*    *    *    *    * 

I hereby certify that the foregoing Plan was adopted by the Board of Directors of Airbnb, Inc. on
[                ]. 
 I hereby certify that the foregoing Plan was
approved by the stockholders of Airbnb, Inc. on [                ]. 

Executed on [                ]. 

 

	
	  

	Corporate Secretary

  
 16

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