Document:

Exhibit 10.4

 

AMENDMENT NO. 1

TO THE

INVESTMENT MANAGEMENT TRUST AGREEMENT

 

This Amendment No.
1 (this “Amendment”) to the Investment Management Trust Agreement is made as of May 5, 2020 by and between
Alberton Acquisition Corporation, a British Virgin Islands Company (the “Company”), and Continental Stock
Transfer & Trust Company, a New York corporation (the “Trustee”). All terms used but not defined
herein shall have the meanings assigned to them in the Trust Agreement.

 

WHEREAS, the Company
and the Trustee entered into the Investment Management Trust Agreement (“Trust Agreement”) effective
as of October 23, 2018;

 

WHEREAS, Section 1(i)
of the Trust Agreement sets forth the terms that govern the liquidation of the Trust Account under the circumstances described
therein;

 

WHEREAS, at a special
meeting of stockholders of the Company (the “Special Meeting”) held on April 23, 2020, holders of at
least 65% of the Company’s outstanding shares approved a proposal to amend (the “Extension Amendment”)
the Company’s amended and restated memorandum and articles of association (as may amended from time to time, the “M&A”)
to extend the date by which the Company shall be required to effect a Business Combination from April 27, 2020 to October 26, 2020
or such earlier date determined by the Board (the “Extended Date”); and

 

WHEREAS, on the date
hereof, the Company has filed the Extension Amendment with the Registrar of Corporate Affairs in the British Virgin Islands.

 

NOW THEREFORE, in consideration
of the mutual agreements contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, and intending to be legally bound hereby, the parties hereto agree as follows:

 

1. Section 1(i) of
the Trust Agreement is hereby amended and restated in its entirety as follows:

 

		(i)	Commence liquidation of the Trust Account only after and promptly after receipt of, and only in
accordance with, the terms of a letter (“Termination Letter”), in a form substantially similar to that attached hereto
as either Exhibit A or Exhibit B, signed on behalf of the Company by its President, Chief Executive Officer or Chairman of the
Board and Chief Financial Officer and, in the case of a Termination Letter in a form substantially similar to that attached hereto
as Exhibit A, acknowledged and agreed to by Chardan, and complete the liquidation of the Trust Account and distribute the Property
in the Trust Account only as directed in the Termination Letter and the other documents referred to therein; provided, however,
that in the event that a Termination Letter has not been received by the Trustee by the 24-month anniversary of the closing of
the IPO (“Closing”), the “Last Date”), the Trust Account shall be liquidated in accordance with the procedures
set forth in the Termination Letter attached as Exhibit B hereto and distributed to the Public Shareholders as of the Last Date.

 

		2.	All other provisions of the Trust Agreement shall remain unaffected by the terms hereof.

 

This Amendment may be signed
in any number of counterparts, each of which shall be an original and all of which shall be deemed to be one and the same instrument,
with the same effect as if the signatures thereto and hereto were upon the same instrument. A facsimile signature shall be deemed
to be an original signature for purposes of this Amendment.

 

		3.	This Amendment is intended to be in full compliance with the requirements for an Amendment to the
Trust Agreement as required by Section 6(c) of the Trust Agreement, and every defect in fulfilling such requirements for an effective
amendment to the Trust Agreement is hereby ratified, intentionally waived and relinquished by all parties hereto.

 

		4.	This Amendment shall be governed by and construed and enforced in accordance with the laws of the
State of New York, without giving effect to conflicts of law principles that would result in the application of the substantive
laws of another jurisdiction.

 

[Signature Page Follows]

 

     

     

    

 

IN WITNESS WHEREOF, the
parties have duly executed this Amendment to the Investment Management Trust Agreement as of the date first written above.

 

	 	CONTINETNAL STOCK TRANSFER & TRUST COMPANY, as Trustee
	 	 	 
	 	By:	/s/Francis  Wolf
	 	Name: 	Francis Wolf
	 	Title:	Vice President
	 	 	 
	 	ALBERTON ACQUISITION CORPORATION
	 	 	 
	 	By:	/s/ Guan Wang
	 	Name: 	Guan Wang
	 	Title:	Chief Executive Officer and Chairman

 

[Signature Page to Amendment No. 1 to
the Investment Management Trust Agreement]Exhibit 10.5

 

AMENDMENT NO. 2

TO THE

INVESTMENT MANAGEMENT TRUST AGREEMENT

 

This Amendment No.
2 (this “Amendment”) to the Investment Management Trust Agreement is made as of October 26, 2020 by and
between Alberton Acquisition Corporation, a British Virgin Islands Company (the “Company”), and Continental
Stock Transfer & Trust Company, a New York corporation (the “Trustee”). All terms used but not defined
herein shall have the meanings assigned to them in the Trust Agreement.

 

WHEREAS, the Company
and the Trustee entered into the Investment Management Trust Agreement (“Trust Agreement”) effective
as of October 23, 2018 and amended on May 5, 2020;

 

WHEREAS, Section 1(i)
of the Trust Agreement sets forth the terms that govern the liquidation of the Trust Account under the circumstances described
therein;

 

WHEREAS, at a special
meeting of stockholders of the Company (the “Special Meeting”) held on October 26, 2020, holders of at
least 65% of the Company’s outstanding shares approved a proposal to amend (the “Extension Amendment”)
the Company’s amended and restated memorandum and articles of association (as may amended from time to time, the “M&A”)
to extend the date by which the Company shall be required to effect a Business Combination from October 26, 2020 to April 26, 2021
or such earlier date determined by the Board (the “Extended Date”); and

 

WHEREAS, on the date
hereof, the Company has filed the Extension Amendment with the Registrar of Corporate Affairs in the British Virgin Islands.

 

NOW THEREFORE, in consideration
of the mutual agreements contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, and intending to be legally bound hereby, the parties hereto agree as follows:

 

1. Section 1(i) of
the Trust Agreement is hereby amended and restated in its entirety as follows:

 

		(i)	Commence liquidation of the Trust Account only after and promptly after receipt of, and only in
accordance with, the terms of a letter (“Termination Letter”), in a form substantially similar to that attached hereto
as either Exhibit A or Exhibit B, signed on behalf of the Company by its President, Chief Executive Officer or Chairman of the
Board and Chief Financial Officer and, in the case of a Termination Letter in a form substantially similar to that attached hereto
as Exhibit A, acknowledged and agreed to by Chardan, and complete the liquidation of the Trust Account and distribute the Property
in the Trust Account only as directed in the Termination Letter and the other documents referred to therein; provided, however,
that in the event that a Termination Letter has not been received by the Trustee by the 30-month anniversary of the closing (the
“Closing”) of the IPO (the “Last Date”), the Trust Account shall be liquidated in accordance with the procedures
set forth in the Termination Letter attached as Exhibit B hereto and distributed to the Public Shareholders as of the Last Date.

 

		2.	All other provisions of the Trust Agreement shall remain unaffected by the terms hereof.

 

This Amendment may be signed
in any number of counterparts, each of which shall be an original and all of which shall be deemed to be one and the same instrument,
with the same effect as if the signatures thereto and hereto were upon the same instrument. A facsimile signature shall be deemed
to be an original signature for purposes of this Amendment.

 

		3.	This Amendment is intended to be in full compliance with the requirements for an Amendment to the
Trust Agreement as required by Section 7(c) of the Trust Agreement, and every defect in fulfilling such requirements for an effective
amendment to the Trust Agreement is hereby ratified, intentionally waived and relinquished by all parties hereto.

 

		4.	This Amendment shall be governed by and construed and enforced in accordance with the laws of the
State of New York, without giving effect to conflicts of law principles that would result in the application of the substantive
laws of another jurisdiction.

 

[Signature Page Follows]

 

     

     

    

 

IN WITNESS WHEREOF, the
parties have duly executed this Amendment to the Investment Management Trust Agreement as of the date first written above.

 

	 	CONTINETNAL STOCK TRANSFER & TRUST COMPANY, as Trustee
	 	 	 
	 	By:	/s/ Francis Wolf
	 	Name: 	Francis Wolf
	 	Title:	Vice President
	 	 	 
	 	ALBERTON ACQUISITION CORPORATION
	 	 	 
	 	By:	/s/ Guan Wang
	 	Name:	Guan Wang
	 	Title:	Chief Executive Officer and Chairman

 

[Signature Page to Amendment No. 2 to
the Investment Management Trust Agreement]Exhibit
10.13

 

SOLARMAX
TECHNOLOGY HOLDINGS, INC.

 

2021
Long-Term Incentive Plan

 

1. Purpose.
The purpose of the SolarMax Technology Holdings, Inc. 2021 Long-Term Incentive Plan is to provide a means through which the Company
and its Affiliates may attract and retain key personnel and to provide a means whereby directors, officers, managers, employees,
consultants and advisors of the Company and its Affiliates can acquire and maintain an equity interest in the Company, or be paid
incentive compensation, which may (but need not) be measured by reference to the value of Common Stock, thereby strengthening
their commitment to the welfare of the Company and its Affiliates and aligning their interests with those of the Company’s
stockholders.

 

2. Definitions.
The following definitions shall be applicable throughout this Plan:

 

(a) “Affiliate”
means (i) any person or entity that directly or indirectly controls, is controlled by or is under common control with the
Company and/or (ii) to the extent provided by the Committee, any person or entity in which the Company has a significant
interest as determined by the Committee in its discretion. 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.

 

(b) “Award”
means, individually or collectively, any Incentive Stock Option, Nonqualified Stock Option, Stock Appreciation Right, Restricted
Stock, Restricted Stock Unit, and Stock Bonus Award granted under this Plan.

 

(c) “Award
Agreement” means an agreement made and delivered in accordance with Section 14(a) of this Agreement evidencing the
grant of an Award hereunder.

 

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

 

(e) “Business
Day” means any day other than Saturday, Sunday or other day on which commercial banks in the City of New York or
in the State of California are authorized or required by law to remain closed; provided,
however, for clarification, commercial banks shall not be deemed to be authorized or required by law to remain closed due
to “stay at home,” “shelter-in-place,” “non-essential employee”  or any other similar
orders or restrictions or the closure of any physical branch locations at the direction of any governmental authority so long
as the electronic funds transfer systems (including for wire transfers) of commercial banks in the City of New York are generally
are open for use by customers on such day.

 

(f) “Cause”
means, in the case of a particular Award, unless the applicable Award Agreement states otherwise, (i) the Company or an Affiliate
having “cause” to terminate a Participant’s employment or service, as defined in any employment or consulting
agreement or similar document or policy between the Participant and the Company or an Affiliate in effect at the time of such
termination or (ii) in the absence of any such employment or consulting agreement, document or policy (or the absence of
any definition of “Cause” contained therein), (A) a continuing material breach or material default (including, without
limitation, any material dereliction of duty) by Participant of any agreement between the Participant and the Company, or a continuing
failure by the Participant to follow the direction of a duly authorized representative of the Company; (B) gross negligence, willful
misfeasance or breach of fiduciary duty by the Participant; (C) the commission by the Participant of an act of fraud, embezzlement
or any felony or other crime of dishonesty in connection with the Participant’s duties; or (D) conviction of the Participant
of a felony or any other crime that would materially and adversely affect: (i) the business reputation of the Company or (ii)
the performance of the Participant’s duties to the Company. Any determination of whether Cause exists shall be made by the
Committee in its sole discretion.

 

     

     

    

 

(g) “Change
in Control” shall, in the case of a particular Award, unless the applicable Award Agreement states otherwise or
contains a different definition of “Change in Control,” be deemed to occur upon:

 

(i) An
acquisition (whether directly from the Company or otherwise) of any voting securities of the Company (the “Voting
Securities”) by any “Person” (as the term person is used for purposes of Section 13(d) or 14(d) of the
Exchange Act immediately after which such Person has “Beneficial Ownership” (within the meaning of Rule 13d-3 promulgated
under the Exchange Act) of more than fifty percent (50%) of the combined voting power of the Company’s then outstanding
Voting Securities.

 

(ii) The
individuals who constitute the members of the Board cease, by reason of a financing, merger, combination, acquisition, takeover
or other non-ordinary course transaction affecting the Company, to constitute at least fifty-one percent (51%) of the members
of the Board if the members of the Board determine that a change of control has resulted; or

 

(iii) Approval
by the Board and, if required, stockholders of the Company of, or execution by the Company of any definitive agreement with respect
to, or the consummation of (it being understood that the mere execution of a term sheet, memorandum of understanding or other
non-binding document shall not constitute a Change of Control):

 

(A) A
merger, consolidation or reorganization involving the Company, where either or both of the events described in clauses (i) or
(ii) above would be the result;

 

(B) A
liquidation or dissolution of or appointment of a receiver, rehabilitator, conservator or similar person for, or the filing by
a third party of an involuntary bankruptcy against, the Company; provided, however, that to the extent necessary to comply with
Section 409A of the Code, the occurrence of an event described in this subsection (B) shall not trigger the settlement or payment
of any Award granted under this Plan that constitutes non-exempt “deferred compensation” for purposes of Section 409A
of the Code; or

 

(C) An
agreement for the sale or other disposition of all or substantially all of the assets of the Company to any Person (other than
a transfer to a subsidiary of the Company).

 

(h) “Code”
means the Internal Revenue Code of 1986, as amended, and any successor thereto. References in this Plan to any section of the
Code shall be deemed to include any regulations promulgated or rulings of general application issued thereunder.

 

(i) “Committee”
means a committee appointed by the Board to administer the Plan or, if no such committee has been appointed by the Board, the
Board.

 

    	 	2	 

     

    

 

(j) “Common
Stock” means the common stock, par value $0.0001 per share, of the Company (and any stock or other securities into
which such Common Stock may be converted or into which they may be exchanged).

 

(k) “Company”
means SolarMax Technology Holdings, Inc., a Nevada corporation, together with its successors and assigns.

 

(l) “Date
of Grant” means the date on which the granting of an Award is authorized, or such other date as may be specified
in such authorization.

 

(m) “Disability”
means a “permanent and total” disability incurred by a Participant while in the employ of the Company or an Affiliate.
For this purpose, a permanent and total disability shall mean that the Participant is unable to engage in any substantial gainful
activity by reason of any medically determinable physical or mental impairment that can be expected to result in death or can
be expected to last for a continuous period of not less than three (3) consecutive months or four (4) months, even though not
consecutive, in any twelve (12) month period.

 

(n) “Effective
Date” means the date as of which this Plan is adopted by the Board, subject to Section 3 of this Plan.

 

(o) “Eligible
Person” means any (i) individual employed by the Company or an Affiliate; (ii) director of the Company
or an Affiliate; or (iii) consultant, advisor or independent sales representative or other position by which the individual
or other person provides services to or for the benefit of the Company or an Affiliate; provided, that any Eligible Person that
is not an individual may not receive stock pursuant to an S-8 registration statement, and it shall be a condition to such issuance
that an exemption from the registration requirements of the Securities Act exists for such Eligible Person.

 

(p) “Exchange
Act” means the Securities Exchange Act of 1934, as amended, and includes any rules, regulations or other interpretative
guidance of general application under such section or rule, and any amendments or successor provisions to such section, rules,
regulations or guidance.

 

(q) “Fair
Market Value,” unless otherwise provided by the Committee in accordance with all applicable laws, rules regulations
and standards, means, on a given date, (i) if the Stock is listed on a securities exchange, the closing sales price on the principal
such exchange on such date or, in the absence of reported sales on such date, the closing sales price on the immediately preceding
date on which sales were reported, or (ii) if the Stock is not listed on a securities exchange, the mean between last reported
sale price as quoted by the applicable interdealer quotation system for such date, provided that if the Stock is not quoted on
an interdealer quotation system or it is determined that the fair market value is not properly reflected by such quotations, Fair
Market Value will be determined by such other method as the Committee determines in good faith to be reasonable and in compliance
with Section 409A of the Code if such section is applicable.

 

(r) “Incentive
Stock Option” means an Option that is designated by the Committee as an incentive stock option as described in Section 422
of the Code and otherwise meets the requirements set forth in this Plan.

 

(s) “Merger
Agreement” means the Agreement and Plan of Merger dated October 27, 2020 among Alberton Acquisition Corporation,
a British Virgin Islands corporation and predecessor of the Company, Alberton Merger Subsidiary, Inc., a Nevada corporation, and
SolarMax Technology, Inc., a Nevada corporation, as the same may be amended from time to time.

 

    	 	3	 

     

    

 

(t) “Nonqualified
Stock Option” means an Option that is not designated by the Committee as an Incentive Stock Option.

 

(u) “Option”
means an Award granted under Section 7 of this Plan.

 

(v) “Participant”
means an Eligible Person who has been selected by the Committee to participate in this Plan and to receive an Award pursuant to
Section 6 of this Plan.

 

(w) “Person”
shall be broadly construed to include any individual, corporation (including any non-profit corporation), general or limited partnership,
limited liability company, joint venture, estate, trust, association, organization, labor union or other entity or governmental
body.

 

(x) “Plan”
means this SolarMax Technology Holdings, Inc. 2021 Long-Term Incentive Plan, as amended from time to time.

 

(y) “Restricted
Period” means the period of time, if any, determined by the Committee during which an Award is subject to restrictions
or, as applicable, the period of time within which performance is measured for purposes of determining whether an Award has been
earned.

 

(z) “Restricted
Stock Unit” means an unfunded and unsecured promise to deliver Common Stock, cash, other securities or other property,
subject to such restrictions (including, without limitation, a requirement that the Participant remain continuously employed or
provide continuous services for a specified period of time), if any, as the Committee may determine, granted under Section 9
of this Plan.

 

(aa) “Restricted
Stock” means Common Stock, which may, in the discretion of the Committee, be subject to certain specified restrictions
(including, without limitation, a requirement that the Participant remain continuously employed or provide continuous services
for a specified period of time), granted under Section 9 of this Plan.

 

(bb) “Securities
Act” means the Securities Act of 1933, as amended, and any successor thereto and includes any rules, regulations
or other interpretative guidance of general application under such section or rule, and any amendments or successor provisions
to such section, rules, regulations or guidance.

 

(cc) “Stock
Appreciation Right” or “SAR” means an Award granted under Section 8 of this Plan
which meets all of the requirements of Section 1.409A-1(b)(5)(i)(B) of the Treasury Regulations.

 

(dd) “Stock
Bonus Award” means an Award granted under Section 10 of this Plan.

 

(ee) “Strike
Price” means, except as otherwise provided by the Committee in the case of Substitute Awards, (i) in the case
of a SAR granted in tandem with an Option, the Exercise Price of the related Option, or (ii) in the case of a SAR granted
independent of an Option, the Fair Market Value on the Date of Grant.

 

    	 	4	 

     

    

 

(ff) “Subsidiary”
means, with respect to any specified Person:

 

(i) any
corporation, association, limited liability company, or other entity of which more than 50% of the total voting power of shares
(without regard to the occurrence of any contingency and after giving effect to any voting agreement or stockholders’ agreement
that effectively transfers voting power) is at the time owned or controlled, directly or indirectly, by that Person or one or
more of the other Subsidiaries of that Person (or a combination thereof); or

 

(ii) any
partnership or limited liability company (or any comparable foreign entity) (a) the sole general partner or managing member
or a majority of the general partners or managing members (or functional equivalent thereof) or the managing general partner of
which is such Person or Subsidiary of such Person or (b) the only general partners or managing members (or functional equivalents
thereof) of which are that Person or one or more Subsidiaries of that Person (or any combination thereof).

 

(gg) “Treasury
Regulations” means any regulations, whether proposed, temporary or final, promulgated by the U.S. Department of
Treasury under the Code, and any successor provisions.

 

3. Effective
Date; Duration. The Plan shall be effective as of the Effective Date, subject to approval by the stockholders of the Company,
which approval shall be within twelve (12) months after the date this Plan is adopted by the Board. The expiration date of this
Plan, on and after which date no Awards may be granted hereunder, shall be the tenth anniversary of the Effective Date; provided,
however, that such expiration shall not affect Awards then outstanding, and the terms and conditions of this Plan shall
continue to apply to such Awards.

 

4. Administration.

 

(a) The
Committee shall administer this Plan. The acts of a majority of the members present at any meeting at which a quorum is present,
or acts approved in writing by a majority of the Committee, shall be deemed the acts of the Committee. Whether a quorum is present
shall be determined based on the Committee’s charter as approved by the Board.

 

(b) Subject
to the provisions of this Plan and applicable law, the Committee shall have the sole and plenary authority, in addition to other
express powers and authorizations conferred on the Committee by this Plan and its charter, to: (i) designate Participants;
(ii) determine the type or types of Awards to be granted to a Participant; (iii) determine the number of shares of Common
Stock to be covered by, or with respect to which payments, rights, or other matters are to be calculated in connection with, Awards;
(iv) determine the terms and conditions of any Award; (v) determine whether, to what extent, and under what circumstances
Awards may be settled or exercised in cash, Common Stock, other securities, other Awards or other property, or canceled, forfeited,
or suspended and the method or methods by which Awards may be settled, exercised, canceled, forfeited, or suspended; (vi) determine
whether, to what extent, and under what circumstances the delivery of cash, Common Stock, other securities, other Awards or other
property and other amounts payable with respect to an Award; (vii) interpret, administer, reconcile any inconsistency in,
settle any controversy regarding, correct any defect in and/or complete any omission in this Plan and any instrument or agreement
relating to, or Award granted under, this Plan; (viii) establish, amend, suspend, or waive any rules and regulations and
appoint such agents as the Committee shall deem appropriate for the proper administration of this Plan; (ix) accelerate the
vesting or exercisability of, payment for or lapse of restrictions on, Awards; and (x) make any other determination and take
any other action that the Committee deems necessary or desirable for the administration of this Plan.

 

    	 	5	 

     

    

 

(c) The
Committee may, by resolution, expressly delegate to a special committee, consisting of one or more directors who may but need
not be officers of the Company, the authority, within specified parameters as to the number and types of Awards, to (i) designate
officers and/or employees of the Company or any of its Affiliates to be recipients of Awards under the Plan, and (ii) to determine
the number of such Awards to be received by any such Participants. The acts of such delegates shall be treated as acts of the
Committee, and such delegates shall report regularly to the Board and the Committee regarding the delegated duties and responsibilities
and any Awards granted.

 

(d) Unless
otherwise expressly provided in this Plan, all designations, determinations, interpretations, and other decisions under or with
respect to this Plan or any Award or any documents evidencing Awards granted pursuant to this Plan shall be within the sole discretion
of the Committee, may be made at any time and shall be final, conclusive and binding upon all persons or entities, including,
without limitation, the Company, any Affiliate, any Participant, any holder or beneficiary of any Award, and any stockholder of
the Company.

 

(e) No
member of the Board, the Committee, delegate of the Committee or any employee, advisor or agent of the Company or the Board or
the Committee (each such person, an “Indemnifiable Person”) shall be liable for any action taken or
omitted to be taken or any determination made in good faith with respect to this Plan or any Award hereunder. Each Indemnifiable
Person shall be indemnified and held harmless by the Company against and from (and the Company shall pay or reimburse on demand
for) any loss, cost, liability, or expense (including attorneys’ fees and costs) that may be imposed upon or incurred by
such Indemnifiable Person in connection with or resulting from any action, suit or proceeding to which such Indemnifiable Person
may be a party or in which such Indemnifiable Person may be involved by reason of any action taken or omitted to be taken under
this Plan or any Award Agreement and against and from any and all amounts paid by such Indemnifiable Person with the Company’s
approval, in settlement thereof, or paid by such Indemnifiable Person in satisfaction of any judgment in any such action, suit
or proceeding against such Indemnifiable Person, provided, that the Company shall have the right, at its own expense, to
assume and defend any such action, suit or proceeding and once the Company gives notice of its intent to assume the defense, the
Company shall have sole control over such defense with counsel of the Company’s choice. The foregoing right of indemnification
shall not be available to an Indemnifiable Person to the extent that a final judgment or other final adjudication (in either case
not subject to further appeal) binding upon such Indemnifiable Person determines that the acts or omissions of such Indemnifiable
Person giving rise to the indemnification claim resulted from such Indemnifiable Person’s bad faith, fraud or willful criminal
act or omission or that such right of indemnification is otherwise prohibited by law or by the Company’s Articles of Incorporation
or Bylaws. The foregoing right of indemnification shall not be exclusive of any other rights of indemnification to which such
Indemnifiable Persons may be entitled under the Company’s Articles of Incorporation or Bylaws, as a matter of law, or otherwise,
or any other power that the Company may have to indemnify such Indemnifiable Persons or hold them harmless.

 

(f) Notwithstanding
anything to the contrary contained in this Plan, the Board may, in its sole discretion, at any time and from time to time, grant
Awards and administer this Plan with respect to such Awards. In any such case, the Board shall have all the authority granted
to the Committee under this Plan.

 

5. Grant
of Awards; Shares Subject to this Plan; Limitations.

 

(a) The
Committee may, from time to time, grant Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, and Stock
Bonus Awards to one or more Eligible Persons.

 

    	 	6	 

     

    

 

(b) Subject
to Section 12 of this Plan, the Committee is authorized to deliver under this Plan an aggregate of number of shares of Common
Stock equal to the sum of (x) five percent (5.0%) of the aggregate number of shares of Common Stock as are issued and outstanding
immediately after the Closing, as defined in the Merger Agreement (giving effect to (i) the Redemption, as defined in the Merger
Agreement, of shares of Common Stock, (ii) the issuance of any shares of Common Stock issued in any private financing at or about
the time of the Closing or otherwise in connection with the Merger, and (iii) the cancelation of any shares of Common Stock being
cancelled pursuant to the Merger Agreement), plus (y) such number of shares of Common Stock as may be issuable pursuant to the
Assumed Options, as defined in the Merger Agreement. The number of shares of Common Stock computed pursuant to this Section 5(b)
shall be confirmed by a resolution of the Board of Directors at or about the time of the Closing. In addition, the number of shares
reserved for issuance under the Incentive Plan will increase automatically on January 1 of each of 2022 through and including
2025 by the greater of (i) 5% of the number of shares of Common Stock then issued or issuable pursuant to the Incentive Plan or
(ii) 5% of the number of shares of Common Stock that were issued by the Company, including shares issued pursuant to the Plan
and awards granted pursuant to the Plan, during the year ended on December 31 of the immediately preceding calendar year. In applying
the formula in this Section 5(b), fractional shares shall be rounded to the next higher integral number of shares.

 

(c) Common
Stock underlying Awards under this Plan that are forfeited, cancelled, expire unexercised, or are settled in cash shall be available
again for Awards under this Plan at the same ratio at which they were previously granted.

 

(d) Common
Stock delivered by the Company in settlement of Awards may be authorized and unissued shares, shares held in the treasury of the
Company, shares purchased on the open market or by private purchase, or a combination of the foregoing.

 

(e) Subject
to compliance with Section 1.409A-3(f) of the Treasury Regulations, if applicable, Awards may, in the sole discretion of the Committee,
be granted under this Plan in assumption of, or in substitution for, outstanding awards previously granted by an entity acquired
by the Company or with which the Company combines (“Substitute Awards”). The number of shares of Common
Stock underlying any Substitute Awards shall be counted against the aggregate number of shares of Common Stock available for Awards
under this Plan.

 

6. Eligibility.
Participation shall be limited to Eligible Persons who have entered into an Award Agreement or who have received written notification
from the Committee, or from a person designated by the Committee, that they have been selected to participate in this Plan.

 

7. Options.

 

(a) Generally.
Each Option granted under this Plan shall be evidenced by an Award Agreement (whether in paper or electronic medium, including
email or the posting on a web site maintained by the Company or a third party under contract with the Company). Each Option so
granted shall be subject to the conditions set forth in this Section 7, and to such other conditions not inconsistent with
this Plan as may be reflected in the applicable Award Agreement. All Options granted under this Plan shall be Nonqualified Stock
Options unless the applicable Award Agreement expressly states that the Option is intended to be an Incentive Stock Option. Notwithstanding
any designation of an Option, to the extent that the aggregate Fair Market Value of Common Stock with respect to which Options
designated as Incentive Stock Options are exercisable for the first time by any Participant during any calendar year (under all
plans of the Company or any Subsidiary) exceeds $100,000, such excess Options shall be treated as Nonqualified Stock Options.
Incentive Stock Options shall be granted only to Eligible Persons who are employees of the Company and its Affiliates, and no
Incentive Stock Option shall be granted to any Eligible Person who is ineligible to receive an Incentive Stock Option under the
Code. No Option shall be treated as an Incentive Stock Option unless this Plan has been approved by the stockholders of the Company
in a manner intended to comply with the stockholder approval requirements of Section 422(b)(1) of the Code, provided that
any Option intended to be an Incentive Stock Option shall not fail to be effective solely on account of a failure to obtain such
approval, but rather such Option shall be treated as a Nonqualified Stock Option unless and until such approval is obtained. In
the case of an Incentive Stock Option, the terms and conditions of such grant shall be subject to and comply with such rules as
may be prescribed by Section 422 of the Code. If for any reason an Option intended to be an Incentive Stock Option (or any
portion thereof) shall not qualify as an Incentive Stock Option, then, to the extent of such nonqualification, such Option or
portion thereof shall be regarded as a Nonqualified Stock Option appropriately granted under this Plan.

 

    	 	7	 

     

    

 

(b) Exercise
Price. The exercise price (“Exercise Price”) per share of Common Stock for each Option shall
not be less than 100% of the Fair Market Value of such share determined as of the Date of Grant; provided, however, that
in the case of an Incentive Stock Option granted to an employee who, at the time of the grant of such Option, owns shares representing
more than 10% of the voting power of all classes of shares of the Company or any Affiliate, the Exercise Price per share shall
not be less than 110% of the Fair Market Value per share on the Date of Grant; and, provided further, that notwithstanding
any provision herein to the contrary, the Exercise Price shall not be less than the par value per share of Common Stock.

 

(c) Vesting
and Expiration. Options shall vest and become exercisable in such manner and on such date or dates determined by the Committee
and as set forth in the applicable Award Agreement, and shall expire after such period, not to exceed ten (10) years from the
Date of Grant, as may be determined by the Committee (the “Option Period”); provided, however,
that the Option Period shall not exceed five (5) years from the Date of Grant in the case of an Incentive Stock Option granted
to a Participant who on the Date of Grant owns shares representing more than 10% of the voting power of all classes of shares
of the Company or any Affiliate; and, provided, further, that notwithstanding any vesting dates set by the
Committee, the Committee may, in its sole discretion, accelerate the exercisability of any Option, which acceleration shall not
affect the terms and conditions of such Option other than with respect to exercisability. Unless otherwise provided by the Committee
in an Award Agreement:

 

(i) an
Option shall vest and become exercisable with respect to one-third (1/3) of the shares of Common Stock subject to such Option
cumulatively the first (1st), second (2nd) and third (3rd) anniversaries of the Date of Grant;

 

(ii) the
unvested portion of an Option shall expire upon termination of employment or service of the Participant granted the Option, and
the vested portion of such Option shall remain exercisable for:

 

(A) one
year following termination of employment or service by reason of such Participant’s death or Disability (with the determination
of Disability to be made by the Committee on a case by case basis), but not later than the expiration of the Option Period;

 

(B) 90
calendar days following termination of employment or service for any reason other than such Participant’s death or Disability,
and other than such Participant’s termination of employment or service for Cause, but not later than the expiration of the
Option Period; and

 

    	 	8	 

     

    

 

(iii) both
the unvested and the vested portion of an Option shall immediately expire upon the termination of the Participant’s employment
or service by the Company for Cause.

 

(d) Method
of Exercise and Form of Payment. No Common Stock shall be delivered pursuant to any exercise of an Option until payment
in full of the Exercise Price therefor is received by the Company and the Participant has paid to the Company an amount equal
to any federal, state, local and non-U.S. income and employment taxes required to be withheld. Options that have become exercisable
may be exercised by delivery of written or electronic notice of exercise to the Company in accordance with the terms of the Award
Agreement accompanied by payment of the Exercise Price. The Exercise Price shall be payable (i) in cash, check (subject to
collection), cash equivalent and/or vested Common Stock valued at the Fair Market Value at the time the Option is exercised (including,
pursuant to procedures approved by the Committee, by means of attestation of ownership of a sufficient number of Common Stock
in lieu of actual delivery of such shares to the Company); provided, however, that such Common Stock are not subject
to any pledge or other security interest and; (ii) by such other method as the Committee may permit in accordance with applicable
law, in its sole discretion, including without limitation: (A) in other property having a fair market value (as determined
by the Committee in its discretion) on the date of exercise equal to the Exercise Price or (B) if there is a public market
for the Common Stock at such time, by means of a broker-assisted “cashless exercise” pursuant to which the Company
is delivered a copy of irrevocable instructions to a stockbroker to sell the Common Stock otherwise deliverable upon the exercise
of the Option and to deliver promptly to the Company an amount equal to the Exercise Price or (C) by a “net exercise”
method whereby the Company withholds from the delivery of the Common Stock for which the Option was exercised that number of Common
Stock having a Fair Market Value equal to the aggregate Exercise Price for the Common Stock for which the Option was exercised.
Any fractional Common Stock shall be settled in cash.

 

(e) Notification
upon Disqualifying Disposition of an Incentive Stock Option. Each Participant awarded an Incentive Stock Option under
this Plan shall notify the Company in writing immediately after the date he makes a disqualifying disposition of any Common Stock
acquired pursuant to the exercise of such Incentive Stock Option. A disqualifying disposition is any disposition (including, without
limitation, any sale) of such Common Stock before the later of (A) two years after the Date of Grant of the Incentive Stock
Option or (B) one year after the date of exercise of the Incentive Stock Option. The Company may, if determined by the Committee
and in accordance with procedures established by the Committee, retain possession of any Common Stock acquired pursuant to the
exercise of an Incentive Stock Option as agent for the applicable Participant until the end of the period described in the preceding
sentence.

 

(f) Compliance
with Laws, etc. Notwithstanding the foregoing, in no event shall a Participant be permitted to exercise an Option in a
manner that the Committee determines would violate the Sarbanes-Oxley Act of 2002, if applicable, or any other applicable law
or the applicable rules and regulations of the Securities and Exchange Commission or the applicable rules and regulations of any
securities exchange or inter-dealer quotation system on which the securities of the Company are listed or traded.

 

    	 	9	 

     

    

 

8. Stock
Appreciation Rights.

 

(a) Generally.
Each SAR granted under this Plan shall be evidenced by an Award Agreement (whether in paper or electronic medium (including email
or the posting on a web site maintained by the Company or a third party under contract with the Company)). Each SAR so granted
shall be subject to the conditions set forth in this Section 8, and to such other conditions not inconsistent with this Plan
as may be reflected in the applicable Award Agreement. Any Option granted under this Plan may include tandem SARs. The Committee
also may award SARs to Eligible Persons independent of any Option.

 

(b)
Exercise Price. The Exercise Price per share of Common Stock for each Option shall not be less than 100%
of the Fair Market Value of such share determined as of the Date of Grant.

 

(c) Vesting
and Expiration. A SAR granted in connection with an Option shall become exercisable and shall expire according to the
same vesting schedule and expiration provisions as the corresponding Option. A SAR granted independent of an Option shall vest
and become exercisable and shall expire in such manner and on such date or dates determined by the Committee and shall expire
after such period, not to exceed ten years, as may be determined by the Committee (the “SAR Period”);
provided, however, that notwithstanding any vesting dates set by the Committee, the Committee may, in its sole discretion,
accelerate the exercisability of any SAR, which acceleration shall not affect the terms and conditions of such SAR other than
with respect to exercisability. Unless otherwise provided by the Committee in an Award Agreement:

 

(i) a
SAR shall vest and become exercisable cumulatively with respect to one-third (1/3) of the Common Stock subject to such SAR on
the first (1st) , second 2nd) and third (3rd) anniversaries of the Date of Grant;

 

(ii) the
unvested portion of a SAR shall expire upon termination of employment or service of the Participant granted the SAR, and the vested
portion of such SAR shall remain exercisable for:

 

(A) one
year following termination of employment or service by reason of such Participant’s death or Disability (with the determination
of Disability to be made by the Committee on a case by case basis), but not later than the expiration of the SAR Period; and

 

(B) 90
calendar days following termination of employment or service for any reason other than such Participant’s death or Disability,
and other than such Participant’s termination of employment or service for Cause, but not later than the expiration of the
SAR Period; and

 

(iii) both
the unvested and the vested portion of a SAR shall expire immediately upon the termination of the Participant’s employment
or service by the Company for Cause.

 

(d) Method
of Exercise. SARs that have become exercisable may be exercised by delivery of written or electronic notice of exercise
to the Company in accordance with the terms of the Award, specifying the number of SARs to be exercised and the date on which
such SARs were awarded. Notwithstanding the foregoing, if on the last day of the Option Period (or in the case of a SAR independent
of an option, the SAR Period), the Fair Market Value exceeds the Strike Price, the Participant has not exercised the SAR or the
corresponding Option (if applicable), and neither the SAR nor the corresponding Option (if applicable) has expired, such SAR shall
be deemed to have been exercised by the Participant on such last day and the Company shall make the appropriate payment therefor.

 

    	 	10	 

     

    

 

(e) Payment.
Upon the exercise of a SAR, the Company shall pay to the Participant an amount equal to the number of shares subject to the SAR
that are being exercised multiplied by the excess, if any, of the Fair Market Value of one share of Common Stock on the exercise
date over the Strike Price, less an amount equal to any federal, state, local and non-U.S. income and employment taxes required
to be withheld. The Company shall pay such amount in cash, in Common Stock valued at fair market value, or any combination thereof,
as determined by the Committee. Any fractional share of Common Stock shall be settled in cash.

 

9. Restricted
Stock and Restricted Stock Units.

 

(a) Generally.
Each grant of Restricted Stock and Restricted Stock Units shall be evidenced by an Award Agreement (whether in paper or electronic
medium (including email or the posting on a web site maintained by the Company or a third party under contract with the Company)).
Each such grant shall be subject to the conditions set forth in this Section 9, and to such other conditions not inconsistent
with this Plan as may be reflected in the applicable Award Agreement. Restricted Stock and Restricted Stock Units shall be subject
to such restrictions, if any, on transferability and other restrictions as the Committee may impose (including, for example, limitations
on the right to vote Restricted Stock or the right to receive dividends on the Restricted Stock). These restrictions may lapse
separately or in combination at such times, under such circumstances, in such installments, upon the satisfaction of Performance
Goals or otherwise, as the Committee determines at the time of the grant of an Award or thereafter. Except as otherwise provided
in an Award Agreement, a Participant shall have none of the rights of a stockholder with respect to Restricted Stock Units until
such time as Common Stock is issued in settlement of such Awards.

 

(b) Restricted
Accounts; Escrow or Similar Arrangement. Upon the grant of Restricted Stock, a book entry in a restricted account shall
be established in the Participant’s name at the Company’s transfer agent and, if the Committee determines that the
Restricted Stock shall be held by the Company or in escrow rather than held in such restricted account pending the release of
the applicable restrictions, the Committee may require the Participant to additionally execute and deliver to the Company (i) an
escrow agreement satisfactory to the Committee, if applicable, and (ii) the appropriate share power (endorsed in blank) with
respect to the Restricted Stock covered by such agreement. If a Participant shall fail to execute an agreement evidencing an Award
of Restricted Stock and, if applicable, an escrow agreement and blank share power within the amount of time specified by the Committee,
the Award shall be null and void ab initio. Subject to the restrictions set forth in this Section 9 and the applicable
Award Agreement, the Participant generally shall have the rights and privileges of a stockholder as to such Restricted Stock,
including without limitation the right to vote such Restricted Stock and the right to receive dividends, if applicable. To the
extent shares of Restricted Stock are forfeited, any share certificates issued to the Participant evidencing such shares shall
be returned to the Company, and all rights of the Participant to such shares and as a stockholder with respect thereto shall terminate
without further obligation on the part of the Company. If the grant of Restricted Stock is not subject to restrictions, the Common
Stock shall be issued directly to the Participant.

 

(c) Vesting;
Acceleration of Lapse of Restrictions. Unless otherwise provided by the Committee in an Award Agreement: (i) the
Restricted Period shall lapse with respect to one-third (1/3) of the Restricted Stock and Restricted Stock Units cumulatively
on the first (1st), second (2nd) and third (3rd) anniversaries of the Date of Grant; and (ii) the
unvested portion of Restricted Stock and Restricted Stock Units shall terminate and be forfeited upon termination of employment
or service of the Participant granted the applicable Award.

 

    	 	11	 

     

    

 

(d) Delivery
of Restricted Stock and Settlement of Restricted Stock Units. (i) Upon the expiration of the Restricted Period with
respect to any shares of Restricted Stock, the restrictions set forth in the applicable shall be of no further force or effect
with respect to such shares, except as set forth in the applicable Award Agreement. If an escrow arrangement is used, upon such
expiration, the Company shall deliver to the Participant, or his beneficiary, without charge, the share certificate evidencing
the shares of Restricted Stock that have not then been forfeited and with respect to which the Restricted Period has expired (rounded
down to the nearest full share). Dividends, if any, that may have been withheld by the Committee and attributable to any particular
share of Restricted Stock shall be distributed to the Participant in cash or, at the sole discretion of the Committee, in shares
of Common Stock having a Fair Market Value equal to the amount of such dividends, upon the release of restrictions on such share
and, if such share is forfeited, the Participant shall have no right to such dividends (except as otherwise set forth by the Committee
in the applicable Award Agreement).

 

(ii) Unless
otherwise provided by the Committee in an Award Agreement, upon the expiration of the Restricted Period with respect to any outstanding
Restricted Stock Units, the Company shall deliver to the Participant, or his beneficiary, without charge, one share of Common
Stock for each such outstanding Restricted Stock Unit; provided, however, that the Committee may, in its
sole discretion and subject to the requirements of Section 409A of the Code, elect to (i) pay cash or part cash and part
in Common Stock in lieu of delivering only Common Stock in respect of such Restricted Stock Units or (ii) defer the delivery
of Common Stock (or cash or part Common Stock and part cash, as the case may be) beyond the expiration of the Restricted Period
if such delivery would result in a violation of applicable law until such time as is no longer the case. If a cash payment is
made in lieu of delivering Common Stock, the amount of such payment shall be equal to the Fair Market Value of the Common Stock
as of the date on which the Restricted Period lapsed with respect to such Restricted Stock Units, less an amount equal to any
federal, state, local and non-U.S. income and employment taxes required to be withheld.

 

10. Stock
Bonus Awards. The Committee may issue unrestricted Common Stock, or other Awards denominated in Common Stock, under this Plan
to Eligible Persons, either alone or in tandem with other Awards, in such amounts as the Committee shall from time to time in
its sole discretion determine. Each Stock Bonus Award granted under this Plan shall be evidenced by an Award Agreement (whether
in paper or electronic medium (including email or the posting on a web site maintained by the Company or a third party under contract
with the Company)). Each Stock Bonus Award so granted shall be subject to such conditions not inconsistent with this Plan as may
be reflected in the applicable Award Agreement.

 

11. Changes
in Capital Structure and Similar Events. In the event of (a) any dividend or other distribution (whether in the form
of cash, Common Stock, other securities or other property), recapitalization, stock split, reverse stock split, reorganization,
merger, amalgamation, consolidation, split-up, split-off, combination, repurchase or exchange of Common Stock or other securities
of the Company, issuance of warrants or other rights to acquire Common Stock or other securities of the Company, or other similar
corporate transaction or event (including, without limitation, a Change in Control) that affects the Common Stock, or (b) unusual
or nonrecurring events (including, without limitation, a Change in Control) affecting the Company, any Affiliate, or the financial
statements of the Company or any Affiliate, or changes in applicable rules, rulings, regulations or other requirements of any
governmental body or securities exchange or inter-dealer quotation system, accounting principles or law, such that in either case
an adjustment is determined by the Committee in its sole discretion to be necessary or appropriate in order to prevent dilution
or enlargement of rights, then the Committee shall make any such adjustments that are equitable, including without limitation
any or all of the following:

 

    	 	12	 

     

    

 

(i) adjusting
any or all of (A) the number of Common Stock or other securities of the Company (or number and kind of other securities or
other property) that may be delivered in respect of Awards or with respect to which Awards may be granted under this Plan (including,
without limitation, adjusting any or all of the limitations under Section 5 of this Plan) and (B) the terms of any outstanding
Award, including, without limitation, (1) the number of Common Stock or other securities of the Company (or number and kind
of other securities or other property) subject to outstanding Awards or to which outstanding Awards relate, (2) the Exercise
Price or Strike Price with respect to any Award or (3) any applicable performance measures (including, without limitation,
Performance Criteria and Performance Goals);

 

(ii) providing
for a substitution or assumption of Awards, accelerating the exercisability of, lapse of restrictions on, or termination of, Awards
or providing for a period of time for exercise prior to the occurrence of such event; and

 

(iii) subject
to the requirements of Section 409A of the Code, canceling any one or more outstanding Awards and causing to be paid to the holders
thereof, in cash, Common Stock, other securities or other property, or any combination thereof, the value of such Awards, if any,
as determined by the Committee (which if applicable may be based upon the price per share of Common Stock received or to be received
by other stockholders of the Company in such event), including without limitation, in the case of an outstanding Option or SAR,
a cash payment in an amount equal to the excess, if any, of the fair market value (as of a date specified by the Committee) of
the Common Stock subject to such Option or SAR over the aggregate Exercise Price or Strike Price of such Option or SAR, respectively
(it being understood that, in such event, any Option or SAR having a per share Exercise Price or Strike Price equal to, or in
excess of, the fair market value of a share of Common Stock subject thereto may be canceled and terminated without any payment
or consideration therefor); provided, however, that in the case of any “equity restructuring”
(within the meaning of the Financial Accounting Standards Board Statement of Financial Accounting Standards No. 123 (revised
2004) or ASC Topic 718, or any successor thereto), the Committee shall make an equitable or proportionate adjustment to outstanding
Awards to reflect such equity restructuring. Any adjustment in Incentive Stock Options under this Section 11 (other than
any cancellation of Incentive Stock Options) shall be made only to the extent not constituting a “modification” within
the meaning of Section 424(h)(3) of the Code. The Company shall give each Participant notice of an adjustment hereunder and,
upon notice, such adjustment shall be conclusive and binding for all purposes.

 

12. Effect
of Change in Control. Except to the extent otherwise provided in an Award Agreement, in the event of a Change in Control,
notwithstanding any provision of this Plan to the contrary, with respect to all or any portion of a particular outstanding Award
or Awards:

 

(a) all
of the then outstanding Options and SARs shall immediately vest and become immediately exercisable as of a time prior to the Change
in Control; and

 

(b) the
Restricted Period shall expire as of a time prior to the Change in Control.

 

To
the extent practicable, any actions taken by the Committee under the immediately preceding clauses (a) and (b) shall occur in
a manner and at a time which allows affected Participants the ability to participate in the Change in Control transaction with
respect to the Common Stock subject to their Awards.

 

    	 	13	 

     

    

 

13. Amendments
and Termination.

 

(a)
 Amendment and Termination of this Plan. The Board may amend, alter, suspend,
discontinue, or terminate this Plan or any portion thereof at any time; provided, that (i) no amendment to the definition
of Eligible Person in Section 2(o) shall be made without stockholder approval and (ii) no such amendment, alteration, suspension,
discontinuation or termination shall be made without stockholder approval if such approval is necessary to comply with any tax
or regulatory requirement applicable to this Plan (including, without limitation, as necessary to comply with any rules or requirements
of any securities exchange or inter-dealer quotation system on which the Common Stock may be listed or quoted); and, provided,
further, that any such amendment, alteration, suspension, discontinuance or termination that would materially and adversely
affect the rights of any Participant or any holder or beneficiary of any Award theretofore granted shall not to that extent be
effective without the prior written consent of the affected Participant, holder or beneficiary.

 

(b) Amendment
of Award Agreements. The Committee may, to the extent consistent with the terms of any applicable Award Agreement, waive
any conditions or rights under, amend any terms of, or alter, suspend, discontinue, cancel or terminate, any Award theretofore
granted or the associated Award Agreement, prospectively or retroactively; provided, however that any such waiver,
amendment, alteration, suspension, discontinuance, cancellation or termination that would materially and adversely affect the
rights of any Participant with respect to any Award theretofore granted shall not to that extent be effective without the consent
of the affected Participant; and, provided, further, that without stockholder approval, except as otherwise
permitted under Section 11 of this Plan, (i) no amendment or modification may reduce the Exercise Price of any Option
or the Strike Price of any SAR, (ii) the Committee may not cancel any outstanding Option or SAR and replace it with a new
Option or SAR, another Award or cash or take any action that would have the effect of treating such Award as a new Award for tax
or accounting purposes and (iii) the Committee may not take any other action that is considered a “repricing”
for purposes of the stockholder approval rules of the applicable securities exchange or inter-dealer quotation system on which
the Common Stock are listed or quoted.

 

14. General.

 

(a)
 Award Agreements. Each Award under this Plan shall be evidenced by an
Award Agreement, which shall be delivered to the Participant (whether in paper or electronic medium (including email or the posting
on a web site maintained by the Company or a third party under contract with the Company)) and shall specify the terms and conditions
of the Award and any rules applicable thereto, including without limitation, the effect on such Award of the death, Disability
or termination of employment or service of a Participant, or of such other events as may be determined by the Committee. The Company’s
failure to specify any term of any Award in any particular Award Agreement shall not invalidate such term, provided such terms
was duly adopted by the Board or the Committee.

 

(b) Nontransferability;
Trading Restrictions.

 

(i) Each
Award shall be exercisable only by a Participant during the Participant’s lifetime, or, if permissible under applicable
law, by the Participant’s legal guardian or representative. No Award may be assigned, alienated, pledged, attached, sold
or otherwise transferred or encumbered by a Participant other than by will or by the laws of descent and distribution and any
such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against
the Company or an Affiliate; provided that the designation of a beneficiary shall not constitute an assignment, alienation, pledge,
attachment, sale, transfer or encumbrance.

 

    	 	14	 

     

    

 

(ii) Notwithstanding
the foregoing, the Committee may, in its sole discretion, permit Awards (other than Incentive Stock Options) to be transferred
by a Participant, with or without consideration, subject to such rules as the Committee may adopt consistent with any applicable
Award Agreement to preserve the purposes of this Plan, to: (A) any person who is a “family member” of the Participant,
as such term is used in the instructions to Form S-8 under the Securities Act (collectively, the “Immediate Family
Members”); (B) a trust solely for the benefit of the Participant and his or her Immediate Family Members; or
(C) a partnership or limited liability company whose only partners or stockholders are the Participant and his or her Immediate
Family Members; or (D) any other transferee as may be approved either (I) by the Board or the Committee in its sole discretion,
or (II) as provided in the applicable Award Agreement (each transferee described in clauses (A), (B) (C) and (D) above is hereinafter
referred to as a “Permitted Transferee”); provided, that the Participant gives
the Committee advance written notice describing the terms and conditions of the proposed transfer and the Committee notifies the
Participant in writing that such a transfer would comply with the requirements of this Plan.

 

(iii) The
terms of any Award transferred in accordance with the immediately preceding sentence shall apply to the Permitted Transferee and
any reference in this Plan, or in any applicable Award Agreement, to a Participant shall be deemed to refer to the Permitted Transferee,
except that (A) Permitted Transferees shall not be entitled to transfer any Award, other than by will or the laws of descent
and distribution; (B) Permitted Transferees shall not be entitled to exercise any transferred Option unless there shall be
in effect a registration statement on an appropriate form covering the Common Stock to be acquired pursuant to the exercise of
such Option if the Committee determines, consistent with any applicable Award Agreement, that such a registration statement is
necessary or appropriate; (C) the Committee or the Company shall not be required to provide any notice to a Permitted Transferee,
whether or not such notice is or would otherwise have been required to be given to the Participant under this Plan or otherwise;
and (D) the consequences of the termination of the Participant’s employment by, or services to, the Company or an Affiliate
under the terms of this Plan and the applicable Award Agreement shall continue to be applied with respect to the Participant,
including, without limitation, that an Option shall be exercisable by the Permitted Transferee only to the extent, and for the
periods, specified in this Plan and the applicable Award Agreement.

 

(iv) The
Committee shall have the right, either on an Award-by-Award basis or as a matter of policy for all Awards or one or more classes
of Awards, to condition the delivery of vested Common Stock received in connection with such Award on the Participant’s
agreement to such restrictions as the Committee may determine.

 

(c) Tax
Withholding.

 

(i) A
Participant shall be required to pay to the Company or any Affiliate, or the Company or any Affiliate shall have the right and
is hereby authorized to withhold, from any cash, Common Stock, other securities or other property deliverable under any Award
or from any compensation or other amounts owing to a Participant, the amount (in cash, Common Stock, other securities or other
property) of any required withholding taxes in respect of an Award, its exercise, or any payment or transfer under an Award or
under this Plan and to take such other action as may be necessary in the opinion of the Committee or the Company to satisfy all
obligations for the payment of such withholding and taxes. In addition, the Committee, in its discretion, may make arrangements
mutually agreeable with a Participant who is not an employee of the Company or an Affiliate to facilitate the payment of applicable
income and self-employment taxes.

 

    	 	15	 

     

    

 

(ii) Without
limiting the generality of clause (i) above, the Committee may, in its sole discretion, permit a Participant to satisfy, in whole
or in part, the foregoing withholding liability by (A) the delivery of Common Stock (which are not subject to any pledge
or other security interest) owned by the Participant having a fair market value equal to such withholding liability or (B) having
the Company withhold from the number of Common Stock otherwise issuable or deliverable pursuant to the exercise or settlement
of the Award a number of shares with a fair market value equal to such withholding liability (but no more than the minimum required
statutory withholding liability).

 

(d) No
Claim to Awards; No Rights to Continued Employment; Waiver. No employee of the Company or an Affiliate, or other person,
shall have any claim or right to be granted an Award under this Plan or, having been selected for the grant of an Award, to be
selected for a grant of any other Award. There is no obligation for uniformity of treatment of Participants or holders or beneficiaries
of Awards. The terms and conditions of Awards and the Committee’s determinations and interpretations with respect thereto
need not be the same with respect to each Participant and may be made selectively among Participants, whether or not such Participants
are similarly situated. Neither this Plan nor any action taken hereunder shall be construed as giving any Participant any right
to be retained in the employ or service of the Company or an Affiliate, nor shall it be construed as giving any Participant any
rights to continued service on the Board. The Company or any of its Affiliates may at any time dismiss a Participant from employment
or discontinue any consulting relationship, free from any liability or any claim under this Plan, unless otherwise expressly provided
in this Plan or any Award Agreement. By accepting an Award under this Plan, a Participant shall thereby be deemed to have waived
any claim to continued exercise or vesting of an Award or to damages or severance entitlement related to non-continuation of the
Award beyond the period provided under this Plan or any Award Agreement, notwithstanding any provision to the contrary in any
written employment contract or other agreement between the Company and its Affiliates and the Participant, whether any such agreement
is executed before, on or after the Date of Grant.

 

(e) International
Participants. With respect to Participants who reside or work outside of the United States of America, the Committee may
in its sole discretion amend the terms of this Plan or outstanding Awards (or establish a sub-plan) with respect to such Participants
in order to conform such terms with the requirements of local law or to obtain more favorable tax or other treatment for a Participant,
the Company or its Affiliates.

 

(f) Designation
and Change of Beneficiary. Each Participant may file with the Committee a written designation of one or more persons as
the beneficiary(ies) who shall be entitled to receive the amounts payable with respect to an Award, if any, due under this Plan
upon his death. A Participant may, from time to time, revoke or change his beneficiary designation without the consent of any
prior beneficiary by filing a new designation with the Committee. The last such designation filed with the Committee shall be
controlling; provided, however, that no designation, or change or revocation thereof, shall be effective
unless received by the Committee prior to the Participant’s death, and in no event shall it be effective as of a date prior
to such receipt. If no beneficiary designation is filed by a Participant, the beneficiary shall be deemed to be his spouse or,
if the Participant is unmarried at the time of death, his estate. Upon the occurrence of a Participant’s divorce (as evidenced
by a final order or decree of divorce), any spousal designation previously given by such Participant shall automatically terminate.

 

    	 	16	 

     

    

 

(g) Termination
of Employment/Service. Unless determined otherwise by the Committee at any point following such event: (i) neither
a temporary absence from employment or service due to illness, vacation or leave of absence nor a transfer from employment or
service with the Company to employment or service with an Affiliate (or vice-versa) shall be considered a termination of employment
or service with the Company or an Affiliate; and (ii) if a Participant’s employment with the Company and its Affiliates
terminates, but such Participant continues to provide services to the Company and its Affiliates in a non-employee capacity (or
vice-versa), such change in status shall not be considered a termination of employment with the Company or an Affiliate for purposes
of this Plan unless the Committee, in its discretion, determines otherwise. In the event that the Award to a Participant is an
Incentive Stock Option, the Option shall be treated as a Nonqualified Stock Option in the event the Participant provides services
in a non-employee capacity.

 

(h) No
Rights as a Stockholder. Except as otherwise specifically provided in this Plan or any Award Agreement, no person shall
be entitled to the privileges of ownership in respect of Common Stock that are subject to Awards hereunder until such shares have
been issued or delivered to that person.

 

(i) Government
and Other Regulations.

 

(i) The
obligation of the Company to settle Awards in Common Stock or other consideration shall be subject to all applicable laws, rules,
and regulations, and to such approvals by governmental agencies as may be required. Notwithstanding any terms or conditions of
any Award to the contrary, the Company shall be under no obligation to offer to sell or to sell, and shall be prohibited from
offering to sell or selling, any Common Stock pursuant to an Award unless such shares have been properly registered for sale pursuant
to the Securities Act with the Securities and Exchange Commission or unless the Company has received an opinion of counsel, satisfactory
to the Company, that such shares may be offered or sold without such registration pursuant to an available exemption therefrom
and the terms and conditions of such exemption have been fully complied with. The Company shall be under no obligation to register
for sale under the Securities Act any of the Common Stock to be offered or sold under this Plan. The Committee shall have the
authority to provide that all certificates for Common Stock or other securities of the Company or any Affiliate delivered under
this Plan shall be subject to such stop transfer orders and other restrictions as the Committee may deem advisable under this
Plan, the applicable Award Agreement, the federal securities laws, or the rules, regulations and other requirements of the Securities
and Exchange Commission, any securities exchange or inter-dealer quotation system upon which such shares or other securities are
then listed or quoted and any other applicable federal, state, local or non-U.S. laws, and, without limiting the generality of
Section 9 of this Plan, the Committee may cause a legend or legends to be put on any such certificates to make appropriate
reference to such restrictions. Notwithstanding any provision in this Plan to the contrary, the Committee reserves the right to
add any additional terms or provisions to any Award granted under this Plan that it in its sole discretion deems necessary or
advisable in order that such Award complies with the legal requirements of any governmental entity to whose jurisdiction the Award
is subject.

 

(ii) The
Committee may cancel an Award or any portion thereof if it determines, in its sole discretion, that legal or contractual restrictions
and/or blockage and/or other market considerations would make the Company’s acquisition of Common Stock from the public
markets, the Company’s issuance of Common Stock to the Participant, the Participant’s acquisition of Common Stock
from the Company and/or the Participant’s sale of Common Stock to the public markets, illegal, impracticable or inadvisable.
If the Committee determines to cancel all or any portion of an Award in accordance with the foregoing, unless doing so would violate
Section 409A of the Code, the Company shall pay to the Participant an amount equal to the excess of (A) the aggregate fair
market value of the Common Stock subject to such Award or portion thereof canceled (determined as of the applicable exercise date,
or the date that the shares would have been vested or delivered, as applicable), over (B) the aggregate Exercise Price. Such
amount shall be delivered to the Participant as soon as practicable following the cancellation of such Award or portion thereof.
The Committee shall have the discretion to consider and take action to mitigate the tax consequence to the Participant in cancelling
an Award in accordance with this clause.

 

    	 	17	 

     

    

 

(j) Payments
to Persons Other Than Participants. If the Committee shall find that any person to whom any amount is payable under this
Plan is unable to care for his affairs because of illness or accident, or is a minor, or has died, then any payment due to such
person or his estate (unless a prior claim therefor has been made by a duly appointed legal representative) may, if the Committee
so directs the Company, be paid to his spouse, child, relative, an institution maintaining or having custody of such person, or
any other person deemed by the Committee to be a proper recipient on behalf of such person otherwise entitled to payment. Any
such payment shall be a complete discharge of the liability of the Committee and the Company therefor.

 

(k) Nonexclusivity
of this Plan. Neither the adoption of this Plan by the Board nor the submission of this Plan to the stockholders of the
Company for approval shall be construed as creating any limitations on the power of the Board to adopt such other incentive arrangements
as it may deem desirable, and such arrangements may be either applicable generally or only in specific cases.

 

(l) No
Trust or Fund Created. Neither this Plan nor any Award shall create or be construed to create a trust or separate fund
of any kind or a fiduciary relationship between the Company or any Affiliate, on the one hand, and a Participant or other person
or entity, on the other hand. No provision of this Plan or any Award shall require the Company, for the purpose of satisfying
any obligations under this Plan, to purchase assets or place any assets in a trust or other entity to which contributions are
made or otherwise to segregate any assets, nor shall the Company maintain separate bank accounts, books, records or other evidence
of the existence of a segregated or separately maintained or administered fund for such purposes. Participants shall have no rights
under this Plan other than as general unsecured creditors of the Company, except that insofar as they may have become entitled
to payment of additional compensation by performance of services, they shall have the same rights as other employees under general
law.

 

(m) Reliance
on Reports. Each member of the Committee and each member of the Board shall be fully justified in acting or failing to
act, as the case may be, and shall not be liable for having so acted or failed to act in good faith, in reliance upon any report
made by the independent public accountant of the Company and its Affiliates and/or any other information furnished in connection
with this Plan by any agent of the Company or the Committee or the Board, other than himself.

 

(n) Relationship
to Other Benefits. No payment under this Plan shall be taken into account in determining any benefits under any pension,
retirement, profit sharing, group insurance or other benefit plan of the Company except as otherwise specifically provided in
such other plan.

 

(o) Governing
Law. The Plan shall be governed by and construed in accordance with the internal laws of the State of Delaware, without
giving effect to the conflict of laws provisions.

 

(p) Severability.
If any provision of this Plan or any Award or Award Agreement is or becomes or is deemed to be invalid, illegal, or unenforceable
in any jurisdiction or as to any person or entity or Award, or would disqualify this Plan or any Award under any law deemed applicable
by the Committee, such provision shall be construed or deemed amended to conform to the applicable laws in the manner that most
closely reflects the original intent of the Award or the Plan, or if it cannot be construed or deemed amended without, in the
determination of the Committee, materially altering the intent of this Plan or the Award, such provision shall be construed or
deemed stricken as to such jurisdiction, person or entity or Award and the remainder of this Plan and any such Award shall remain
in full force and effect.

 

    	 	18	 

     

    

 

(q) Obligations
Binding on Successors. The obligations of the Company under this Plan shall be binding upon any successor corporation
or organization resulting from the merger, amalgamation, consolidation or other reorganization of the Company, or upon any successor
corporation or organization succeeding to substantially all of the assets and business of the Company.

 

(r) Expenses;
Gender; Titles and Headings. The expenses of administering this Plan shall be borne by the Company and its Affiliates.
Masculine pronouns and other words of masculine gender shall refer to both men and women. The titles and headings of the sections
in this Plan are for convenience of reference only, and in the event of any conflict, the text of this Plan, rather than such
titles or headings shall control.

 

(s) Other
Agreements. Notwithstanding the above, the Committee may require, as a condition to the grant of and/or the receipt of
Common Stock under an Award, that the Participant execute lock-up, stockholder or other agreements, as it may determine in its
sole and absolute discretion.

 

(t) Section
409A. The Plan and all Awards granted hereunder are intended to comply with, or otherwise be exempt from, the requirements
of Section 409A of the Code. The Plan and all Awards granted under this Plan shall be administered, interpreted, and construed
in a manner consistent with Section 409A of the Code to the extent necessary to avoid the imposition of additional taxes under
Section 409A(a)(1)(B) of the Code. Notwithstanding anything in this Plan to the contrary, in no event shall the Committee exercise
its discretion to accelerate the payment or settlement of an Award where such payment or settlement constitutes deferred compensation
within the meaning of Section 409A of the Code unless, and solely to the extent that, such accelerated payment or settlement is
permissible under Section 1.409A-3(j)(4) of the Treasury Regulations. If a Participant is a “specified employee” (within
the meaning of Section 1.409A-1(i) of the Treasury Regulations) at any time during the twelve (12)-month period ending on the
date of his termination of employment, and any Award hereunder subject to the requirements of Section 409A of the Code is to be
satisfied on account of the Participant’s termination of employment, satisfaction of such Award shall be suspended until
the date that is six (6) months after the date of such termination of employment.

 

 

19

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