Document:

Separation Agreement

 

 
  
 Exhibit 10.16

 December 20, 2011 
 Mr. Martin Silver 
 [address] 

 

	 	Re:	Terms of Separation 

Dear Martin: 

This letter confirms the agreement (“Agreement”) between you and Vocera Communications, Inc. (the “Company”)
concerning the terms of your separation. This letter offers you the separation compensation and other benefits negotiated by the Company’s General Counsel and your counsel, Sheila M. Riley, Esq. of Casas Riley &
Simonian, LLP, in exchange for a general release of claims and covenant not to sue. 
  

	 	1.	Separation Date: You have notified the Company that you are unable to return to work as its Chief Financial Officer following a leave of absence. As a
result, your employment is being terminated effective December 31, 2011 (the “Separation Date”). 

  

	 	2.	Acknowledgment of Payment of Wages: By your signature below, you acknowledge that all wages, salary, bonuses, commissions, reimbursable expenses, accrued
vacation and any similar payments due to you have previously been paid. By signing below, you acknowledge that the Company does not owe you any amounts other than as expressly set forth in this Agreement. 

 

	 	3.	COBRA: You may be eligible to continue your existing health benefits under COBRA, consistent with the terms of COBRA and the Company’s health insurance
plan. The Company’s health plan administrator will contact you separately with information about COBRA, and eligibility. 

  

	 	4.	Return of Company Property: You warrant to the Company that you have returned to the Company all property or data of the Company of any type whatsoever that
has been in your possession or control. 

  

	 	5.	Proprietary Information: You hereby acknowledge that you are bound by the attached Employee Confidential Information and Inventions Agreement (Exhibit A
hereto) and that as a result of your employment with the Company you have had access to the Company’s Proprietary Information (as defined in the agreement), that you will hold all Proprietary Information in strictest confidence and that you
will not make use of such Proprietary Information on behalf of anyone. You further confirm that you have delivered to the Company all documents and data of any nature containing or pertaining to such Proprietary Information and that you have
not taken with you any such documents or data or any reproduction thereof. 

  

  

					
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	 525 Race Street | San Jose, CA 95126-3495 | Phone: (408) 882-5100 | Fax: (408) 882-5101 |
www.vocera.com

  
 

 

					
	 Mr. Martin Silver
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	 	6.	Separation Consideration: You acknowledge that you are receiving the separation compensation and the benefit of the other Company undertakings described below
(the “Separation Consideration”) in consideration for waiving your rights to claims referred to below and that you would not otherwise be entitled to Separation Consideration. In exchange for your agreement to the general release and
waiver of claims and covenant not to sue set forth below, and provided the Agreement is effective as set forth in Section 18 of this Agreement, the Company agrees to: 

 

	 	(A)	Continue to pay $2,411.54 per week to supplement disability coverage through 12/31/11, less applicable state and federal taxes. 

 

	 	(B)	Make a lump-sum cash payment in January 2012 of $168,062 (calculated as $265,417 less applicable state and federal payroll deductions of $97,355). The Company will pay
you the amount set forth in this Subsection (B) within 30 days following the Separation Date, provided this Agreement is effective as set forth in Section 18. 

 

	 	(C)	Pay COBRA costs directly to the carrier, as billed by the carrier for the period January 1, 2012 through September 30, 2012, estimated to total $17,431.

  

	 	(D)	Accelerate the vesting of your time-based option to purchase 375,000 shares of the Company’s Common Stock dated May 5, 2011 to 148,438 shares that would
have vested had you remained in service and continued to time vest through December 31, 2012, with such acceleration being effective on the Effective Date of this Agreement, subject to certain restrictions on exercise in this Subsection (D). In
addition, you hold a 100% vested time-based option to purchase 825,850 shares of the Company’s Common Stock dated April 15, 2005 and a 100% vested time-based option to purchase 82,850 shares of the company Common Stock dated
April 21, 2006 (the April 2005, the April 2006 and the May 2011 time-based options are collectively referred to herein as the “Time-Based Options”). Further, you hold a performance option to purchase 250,179 shares of the
Company’s Common Stock granted to you on July 31, 2007 (the “Performance Option”). As of the Separation Date, 206,714 shares subject to the Performance Option will be bested and 43,365 shares subject to the Performance Option
will be unvested. The remaining unvested portions of the Time-Based Options and the Performance Option, consisting of options to purchase 270,027 shares, will expire on the Separation Date. Following the Effective Date of this Agreement,
you may exercise your vested Time-Based Options and vested portion of the Performance Option on or before June 30, 2013 subject to the following: 

  

	 	(i)	Except as set forth in clause (ii) below, you may only exercise the Time-Based Options that accelerate pursuant to this Subsection (D) after the date when
such Time-Based Options would have vested, in the absence of termination of employment and in the absence of acceleration pursuant to this Subsection (D), pursuant to the original vesting schedules applicable to such options as set forth in the
applicable Stock Option Agreements; and 

  

	 	(ii)	The restrictions on exercisability set forth in clause (i) above shall no longer apply immediately prior to a Change of Control (as defined below).

 Notwithstanding the foregoing, the, exercise of the Time-Based Option and the Performance Option will be
subject to Section 8.2 of the Company’s 2000 Stock Option Plan or Section 6.9 of the Company’s 2006 Stock Option Plan with respect to the termination of outstanding 

  
 (jms) 111220A

 525 Race Street | San Jose, CA 95126-3495 | Phone: (408) 882-5100 | Fax: (408) 882-5101 | www.vocera.com 

 

 
  

					
	 Mr. Martin Silver
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options which are not exercised, assumed or substituted prior to a Change in Control or Change of Control Transaction (as defined in such Plans). Vested options, whether exercisable or not, that
are not exercised on or prior to June 30, 2013 will expire. To the extent a stock option is intended to qualify as an Incentive Stock Option pursuant to Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”),
it will cease to do so to the extent required by law. You will remain bound by the Company’s 2000 Stock Option Plan and 2006 Stock Option Plan and the Stock Option Agreements evidencing your options, except that the definitions of “Change
in Control” and “Change of Control Transaction” contained in such documents shall be replaced with, and superseded by, the definition of “Change of Control” set forth below. 

 

	 	(E)	Facilitate discussions with investors if you desire to sell shares prior to the Company’s initial public offering and discussions with its investment bankers if
you desire to sell shares in such initial public offering 

 As used above, a “Change of
Control” shall maim the first to occur of any of the following events after the date hereof: 
  

	 	(i)	the consummation of a merger or consolidation of the Company with any other entity, other than a merger at consolidation where the stockholders of the Company
immediately before such transaction obtain or retain, directly or indirectly, at least a majority of the beneficial interest in the voting securities of the acquiring entity or surviving entity immediately after such merger or consolidation; or

  

	 	(ii)	the consummation of the sale or disposition (or the last in a series of sales or dispositions) by the Company of all or substantially all of the Company’s assets,
other than a sale or disposition to a wholly-owned direct or indirect subsidiary of the Company and other than a sale or disposition where the stockholders of the Company immediately before such transaction obtain or retain, directly or indirectly,
at least a majority of the beneficial interest in the voting securities of the acquiring entity or surviving entity to which such sale or disposition was made after such sale or disposition; or 

 

	 	(iii)	any “person” (as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended) or group of persons becoming the
“beneficial owner” (as defined in Rule 13d-3 under said Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company’s then outstanding
voting securities; or 

  

	 	(iv)	during any one (1) consecutive year period after the elate hereof, Incumbent Directors cease for any reason to constitute a majority of the Board.

 As used above, “Incumbent Directors” shall mean directors who either (i) arc directors of the
Company as of the Effective Date, or (ii) are elected, or nominated for election, to the Board with the affirmative votes of at least a majority of those directors then still in office who either were directors on the Effective Date or whose
election or nomination for election was so approved, but excluding any director who was elected in connection with any actual or threatened proxy contest. 

  
 (jms) 111220A

 525 Race Street | San Jose, CA 95126-3495 | Phone: (408) 882-5100 | Fax: (408) 882-5101 | www.vocera.com 

 

 
  

					
	 Mr. Martin Silver
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	 	7.	General Release and Waiver of Claims: 

  

	 	a.	The payments, Company undertakings, and promises set forth in this Agreement are in full satisfaction of all accrued salary, vacation pay, bonus and commission pay,
profit-sharing, stock, stock options or other ownership interest in the Company, termination benefits or other compensation to which you may be entitled by virtue of your employment with the Company or your separation from the Company. To the
fullest extent permitted by law, you hereby release and waive any other claims you may have against the Company and its owners, agents, officers, shareholders, employees, directors, attorneys, subscribers, subsidiaries, affiliates, successors and
assigns (collectively “Releasees”), whether known or not known, including, without limitation, claims under any employment laws, including, but not limited to, claims of unlawful discharge, breach of contract, breach of the covenant of
good faith and fair dealing, fraud, violation of public policy, defamation, physical injury, emotional distress, claims for additional compensation or benefits arising out of your employment or your separation of employment, claims under Tide VII of
the 1964 Civil Rights Act, as amended, the California Fair Employment and Housing Act and any other laws and/or regulations relating to employment or employment discrimination, including, without limitation, claims based on age or under the Age
Discrimination in Employment Act or Older Workers Benefit Protection Act, and/or claims based on disability or under the Americans with Disabilities Act. 

  

	 	b.	In consideration for your undertakings and promises set forth in this Agreement, and to the fullest extent permitted by law, the Company on its own behalf, and on
behalf of its owners, agents, officers, shareholders, employees, directors, attorneys, subscribers, subsidiaries, affiliates, successors and assigns (collectively “Releasors”) hereby releases and waives any claims the Releasors may have
against you or your family, whether known or not known, including, without limitation, claims under arising out of your employment or your separation of employment. 

 

	 	c.	By signing below, you and the Company expressly waive an benefits of Section 1542 of the Civil Code of the State of California, which provides as follows:

 A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER
FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR. 
  

	 	d.	You and the Company do not intend to release claims that may not be released as a matter of law, including but not limited to claims for indemnity under California
Labor Code section 2802, or any claims for enforcement of this Agreement. To the fullest extent permitted by law, any dispute regarding the scope of this general release shall be determined by an arbitrator under the procedures set forth in the
arbitration clause below. 

  

	 	8.	Covenant Not to Sue: 

  

	 	a.	 To the fullest extent permitted by law, at no time subsequent to the execution of this Agreement will you or the Company pursue, or cause or
knowingly permit the prosecution of, in any state, federal or foreign court, or before any local, state, federal or foreign 

  
 (jms) 111220A

 525 Race Street | San Jose, CA 95126-3495 | Phone: (408) 882-5100 | Fax: (408) 882-5101 | www.vocera.com 

 

 
  

					
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administrative agency, or any other tribunal, any charge, claim or action of any kind, nature and character whatsoever, known or unknown, which either party may now have, have ever had,
or may in the future have against the other party, which is based in whole or in part on any matter released by this Agreement. 

  

	 	b.	Nothing in this section shall prohibit you or the Company from filing a charge or complaint with a government agency where, as a matter of law, the parties may not
restrict the ability to file such administrative complaints. However, you and the Company understand and agree that, by entering into this Agreement, you and the Company are releasing any and all individual claims for relief, and that any and all
subsequent disputes between you and the Company shall be resolved through arbitration as provided below. 

  

	 	c.	Nothing in this section shall prohibit or impair you or the Company from complying with all applicable laws, nor shall this Agreement be construed to obligate either
party to commit (or aid or abet in the commission of) any unlawful act. 

  

	 	9.	Nondisparagement: You agree that you will not disparage Releasees or their products, services, agents, representatives, directors, officers, shareholders,
attorneys, employees, vendors, affiliates, successors or assigns, or any person acting by, through, under or in concert with any of them, with any written or oral statement. The Company agrees that it will not disparage you or your family with any
written or oral statement. Nothing in this section shall prohibit either party from providing truthful information in response to a subpoena or as otherwise required by law. 

 

	 	10.	Arbitration: Except for any claim for injunctive relief arising out of a breach of a party’s obligations to protect the other’s proprietary
information, the parties agree to arbitrate, in Santa Clara County, California through JAMS, any and all disputes or claims arising out of or related to the validity, enforceability, interpretation, performance or breach of this Agreement, whether
sounding in tort, contract, statutory violation or otherwise, or involving the construction or application or any of the terms, provisions, or conditions of this Agreement. Any arbitration may be initiated by a written demand to the other party. The
arbitrator’s decision shall be final, binding, and conclusive. The parties further agree that this Agreement is intended to be strictly construed to provide for arbitration as the sole and exclusive means for resolution of all disputes
hereunder to the fullest extent permitted by law. The parties expressly waive any entitlement to have such controversies decided by a court or a jury. 

  

	 	11.	Attorneys’ Fees: If any action is brought to enforce the terms of this Agreement, the prevailing party will be entitled to recover its reasonable
attorneys’ fees, costs and expenses from the other party, in addition to any other relief to which the prevailing party may be entitled. 

  

	 	12.	Confidentiality. The contents, terms and conditions of this Agreement must be kept confidential by you and may not be disclosed except to your immediate family,
accountant, advisors or attorneys or pursuant to subpoena or court order. You agree that if you are asked for information concerning this Agreement, you will state only that you and the Company reached an amicable resolution of any disputes
concerning your separation from the Company. Any breach of this confidentiality provision shall be deemed a material breach of this Agreement. 

  

	 	13.	 Renewal of Lockup Agreement. In connection with an initial public offering of the Company’s securities and following the request of the
Company or its investment bankers, you agree to enter into a lock-up agreement having terms and conditions substantially similar to the lock-up 

  
 (jms) 111220A

 525 Race Street | San Jose, CA 95126-3495 | Phone: (408) 882-5100 | Fax: (408) 882-5101 | www.vocera.com 

 

 
  

					
	 Mr. Martin Silver
	  	 	 Page
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agreement of JP Morgan and Piper Jaffray executed and delivered by you in July 2011, or, if reasonably requested by the Company or its investment bankers, to extend the term of such JP Morgan /
Piper Jaffray lock-up agreement; provided, that the terms of such lockup agreement shall be no less favorable to you than those entered into with other employees of the Company. 

 

	 	14.	No Admission of Liability: This Agreement is not and shall not be construed or contended by you to be an admission or evidence of any wrongdoing or liability on
the part of Releasees, their representatives, heirs, executors, attorneys, agents, partners, officers, shareholders, directors, employees, subsidiaries, affiliates, divisions, successors or assigns. This Agreement shall be afforded the maximum
protection allowable under California Evidence Code Section 1152 and/or any other state or federal provisions of similar effect. 

  

	 	15.	Complete and Voluntary Agreement: This Agreement, together with Exhibit A hereto and the 2000 Stock Option Plan, the 2006 Stock Option Plan and the Stock
Option Agreements, constitute the entire agreement between you and Releasees with respect to the subject matter hereof and supersedes all prior negotiations and agreements, whether written or oral, relating to such subject matter. In the event of a
conflict between the terms of this Agreement and the terms of the 2000 Stock Option Plan, the 2006 Stock Option Plan, or the Stock Option Agreements, the terms of this Agreement shall control. You acknowledge that neither Releasees nor their
agents or attorneys have made any promise; representation or warranty whatsoever, either express or implied, written or oral, which is not contained in this Agreement for the purpose of inducing you to execute the Agreement, and you acknowledge that
you have executed this Agreement in reliance only upon such promises, representations and warranties as are contained herein, and that you are executing this Agreement voluntarily, free of any duress or coercion. 

 

	 	16.	Severability: The provisions of this Agreement are severable, and if any part of it is found to be invalid or unenforceable, the other parts shall remain fully
valid and enforceable. Specifically, should a court, arbitrator, or government agency conclude that a particular claim may not be released as a matter of law, it is the intention of the parties that the general release, the waiver of unknown claims
and the covenant not to sue above shall otherwise remain effective to release any and all other claims. 

  

	 	17.	Modification; Counterparts; Facsimile/PDF Signatures: It is expressly agreed that this Agreement may not be altered, amended, modified, or otherwise changed in
any respect except by another written agreement that specifically refers to this Agreement, executed by authorized representatives of each of the parties to this Agreement. This Agreement may be executed in any number of counterparts, each of which
shall constitute an original and all of which together shall constitute one and the same instrument. Execution of a facsimile or PDF copy shall have the same force and effect as execution of an original, and a copy of a signature will be admissible
in any legal proceeding as if an original. 

  
 (jms) 111220A

 525 Race Street | San Jose, CA 95126-3495 | Phone: (408) 882-5100 | Fax: (408) 882-5101 | www.vocera.com 

 

 
  

					
	 Mr. Martin Silver
	  	 	 Page
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	 	18.	Review Separation Agreement: You may take up to twenty-one (21) days from the date of your receipt of this letter, December 20, 2011, to
consider this Agreement. By signing below, you affirm that you were advised to consult with an attorney prior to signing this Agreement. You also understand you may, by written notice to us, received within seven (7) days of signing this
Agreement, rescind this Agreement (your right to “Rescind”). The promise of Separation Consideration to be provided to you pursuant to Section 7 will only be provided at the end of that seven (7) day period without an exercise of
such right to Rescind. 

  

	 	19.	Effective Date: This Agreement is effective on the eighth (8th) day after you sign it and without revocation by you. 

 

	 	20.	Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the State of California. 

If you agree to the terms herein, please sign and return the enclosed copy of this Agreement. 

All of us at Vocera wish you the best. 
 Sincerely, 
 /s/ Bob Zollars 

Bob Zollars 

Chairman and Chief Executive Officer 
 Cc: Sheila M. Riley, Esq. 
 READ, UNDERSTOOD AND AGREED 

 

							
				
	/s/ Martin Silver	 		 		 	Date: 12/22/11
				
	Martin Silver	 		 		 	

 The undersigned, Victoria Silver, hereby executes this document on behalf of Martin Silver, in the
capcity of the undersigned as Martin Silver’s attorney-in-fact and also consents to all provisions hereof in the capacity of the undersigned as the spouse of Martin Silver. 

 

							
				
	/s/ Victoria Silver	 		 		 	Date: 12/23/11
				
	Victoria Silver	 		 		 	

  
 (jms) 111220A

 525 Race Street | San Jose, CA 95126-3495 | Phone: (408) 882-5100 | Fax: (408) 882-5101 | www.vocera.com 

 

 
  
  
 EXHIBIT A 
  
 

 
 EMPLOYEE CONFIDENTIAL INFORMATION 

AND INVENTIONS AGREEMENT 
 The undersigned acknowledges that Vocera Communications, Inc. (“Vocera”) operates in a competitive environment and that Vocera enhances its opportunities to succeed by establishing certain
policies, including those included in this Agreement. This Agreement is designed to confirm and make clear that the undersigned has an obligation to maintain the confidentiality of Vocera’s trade secrets, the undersigned will use those trade
secrets for the exclusive benefit of Vocera, relevant inventions and audio recordings that the undersigned has created or will create in connection with services provided to Vocera will be owned by Vocera, the undersigned’s prior and continuing
activities separate from Vocera will not conflict with Vocera’s development of its proprietary rights, and when and if the undersigned’s employment with Vocera terminates, the undersigned will not use the undersigned’s prior position
with Vocera to the detriment of Vocera. For good and valuable consideration, including amounts to be paid to the undersigned as an employee of Vocera, the undersigned agrees that: 

1.         Provisions Related to Trade Secrets. 

a.        The undersigned acknowledges that Vocera possesses and will continue to
develop and acquire valuable Proprietary Information (as defined below), including information that the undersigned may develop or discover as result of the undersigned’s engagement as an employee of Vocera. The value of that Proprietary
Information depends on it remaining confidential. Vocera depends on the undersigned to maintain that confidentiality, and the undersigned accepts that position of trust. 

b.        As used in this Agreement, “Proprietary Information” means
any information (including any formula, algorithm, computer program pattern, compilation, device, method, technique or process) that derives independent economic value, actual or potential, from not being generally known to the public or to
other persons who can obtain economic value from its disclosure or use, and includes information of Vocera, its customers, suppliers, joint venturers, licensors, licensees, distributors and other persons and entities with whom Vocera does business
or affiliated with Vocera. Proprietary Information includes, without limitation, proprietary methods and know-how, computer software, financial information, business plans and methods, customer lists and information, supplier lists and
information, information about employees, proprietary algorithms, cost and pricing information and information about Vocera contracts and cooperative relationships. 

c.        The undersigned will not disclose or use at any time, either during or
after termination of the undersigned’s employment with Vocera, any Proprietary Information except for the exclusive benefit of Vocera as required by the undersigned’s duties and obligations to Vocera, 

 

  

					
	W03 148800001/1418449/v1	 		 	
	
	 525 Race Street | San Jose, CA 95126-3495 | Phone: (408) 882-5100 | Fax: (408) 882-5101 |
www.vocera.com

 

 
  
 
or as Vocera expressly may consent to in writing. The undersigned will cooperate with Vocera and use its best efforts to prevent the unauthorized disclosure, use or reproduction of all
Proprietary Information. The undersigned will not use for or on behalf of Vocera any confidential or trade information of a prior employer or received by the undersigned from a third party other than with permission to use such information for or on
behalf of Vocera. 
 d.        Upon termination of the
undersigned’s employment with Vocera for any reason, the undersigned immediately will deliver to Vocera all tangible, written, graphical, machine readable and other materials (including all copies) in the undersigned’s possession or under
the undersigned’s control containing or disclosing Proprietary Information. 

2.        Ownership of Inventions. 

a.        The undersigned agrees to communicate to Vocera as promptly and fully
as practicable all Inventions (as defined below) conceived or reduced to practice by the undersigned (alone or jointly with others) at any time during and related to or arising out of the undersigned’s engagement as an employee by Vocera. The
undersigned hereby assigns to Vocera and/or its nominees all of its right, title and interest in such Inventions, and all of its right, title and interest in any patents, copyrights, patent applications, or copyright applications based thereon.
Further, copyrightable materials created by the undersigned in connection with the undersigned’s employment will be “works made for hire” and therefore will be owned by Vocera. The undersigned will assist Vocera and/or its nominees
(without charge but at no expense to the undersigned) at any time and in every proper way to obtain for its and/or their own benefit, patents and copyrights for all such Inventions anywhere in the world and to enforce its and/or their rights in
legal proceedings. 
 b.        As used in this Agreement, the term
“Inventions” includes, but is not limited to, all works of authorship, including but not limited to illustrations, graphic works, photographs, writings, animations, and video or multimedia works, discoveries, improvements, processes,
developments, designs, know-how, data, computer programs and formulae, whether patentable or unpatentable, including, without limitation, related to computer software, source code and algorithms, 

c.        The undersigned hereby irrevocably designates and appoints Vocera and
each of its duly authorized officers and agents as the undersigned’s agent and attorney-in-fact to act for and in the undersigned’s behalf and stead to execute and file any document and to do all other lawfully permitted acts to further
the prosecution, issuance and enforcement of patents, copyrights and other proprietary rights with the same force and effect as if executed and delivered by the undersigned. 

d.        Any provision in this Agreement requiring the undersigned to assign
rights in any Invention does not apply to an Invention which qualifies under the provisions of 
  

  

					
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	 525 Race Street | San Jose, CA 95126-3495 | Phone: (408) 882-5100 | Fax: (408) 882-5101 |
www.vocera.com

 

 
  
 
Section 2870 of the California Labor Code. That section provides that the requirement to assign “shall not apply to an invention that the employee developed entirely on his or her own
time without using the employer’s equipment, supplies, facilities, or trade secret information except for those inventions that either (1) relate at the time of conception or reduction to practice of the invention to the employer’s
business, or actual or demonstrably anticipated research or development of the employer; or (2) result from any work performed by the employee for the employer.” The undersigned understands that the undersigned bears the burden of proving
that an Invention qualifies under Section 2870. 

e.        Notwithstanding the foregoing, the undersigned also assigns to the
Vocera (or to any of its nominees) all rights which the undersigned may have or acquire in any Invention, full title to which is required to be in the United States by a contract between the Vocera and the United States or any of its agencies.

 3.        Miscellaneous. 

a.        While employed by Vocera and for a period of one year after termination
of employment with Vocera, the undersigned will not, directly or indirectly, solicit (i.e. initiate contact with), for the purposes of hiring them or causing them to terminate their employment with Vocera, any then employee of Vocera. 

b.        The undersigned’s obligations under this Agreement may not be
modified or terminated, in whole or in part, except in a writing signed by an authorized officer of Vocera or a designee thereof. Any waiver by Vocera of breach of any provision of this Agreement will not operate or be construed as a waiver of
any subsequent breach. 
 c.        Each provision of this Agreement
will be treated as a separate and independent clause, and the unenforceability of any one provision will in no way impair the enforceability of any other provision. If any provision is held to be unenforceable, such provision will be construed by
the appropriate judicial body by limiting or reducing it to the minimum extent necessary to make it legally enforceable. 
 d.        The undersigned’s obligations under this Agreement will survive the termination of the undersigned’s employment by Vocera, regardless of the
manner of such termination. Subject to the restrictions contained herein, this Agreement will inure to the benefit of and be binding upon the successors and assigns of Vocera and the undersigned. 

e.        The undersigned understands that the provisions of this Agreement are a
material condition to the undersigned’s employment by Vocera. The undersigned also understands that this Agreement is not a contract for employment, and nothing in this Agreement creates any right to the undersigned’s continuous employment
with Vocera, nor to the undersigned’s employment for any particular term. 
  

  

					
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	 525 Race Street | San Jose, CA 95126-3495 | Phone: (408) 882-5100 | Fax: (408) 882-5101 |
www.vocera.com

 

 
  

f.        Any breach of this Agreement likely will cause irreparable harm to
Vocera for which money damages could not reasonably or adequately compensate Vocera. Accordingly, the undersigned agrees that Vocera will be entitled to injunctive relief to enforce this Agreement, in addition to damages and other available
remedies. 
 g.        This Agreement will be governed by and
interpreted in accordance with the substantive laws of the State of California governing a contract made and wholly performed within California, 
 h.        This Agreement contains the complete agreement between Vocera and the undersigned concerning the subject matter hereof and supersedes all other agreements
and understandings concerning such subject matter. This Agreement may be executed in counterparts. 
 CAUTION: THIS AGREEMENT
CREATES IMPORTANT OBLIGATIONS OF TRUST AND 
 AFFECTS THE UNDERSIGNED’S RIGHTS TO INVENTIONS THE UNDERSIGNED MAKES

 DURING THE UNDERSIGNED’S EMPLOYMENT WITH Vocera. 

EMPLOYEE: 
  

			
	 Name:
	 	Martin J. Silver
		
	 Signature:
	 	/s/    Martin J. Silver
		
	 Date:
	 	11-15-07

 AGREED AND ACKNOWLEDGED: 
 VOCERA COMMUNICATIONS, INC. 
  

			
	 By:
	 	 /s/    Brent Lang

		
	 Title:
	 	COO
		
	 Date:
	 	 

  

  

					
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	 525 Race Street | San Jose, CA 95126-3495 | Phone: (408) 882-5100 | Fax: (408) 882-5101 |
www.vocera.comForm of non-plan Restricted Stock Purchase Agreement

 Exhibit 10.17 
 RESTRICTED STOCK PURCHASE AGREEMENT 
 THIS AGREEMENT (this
“Agreement”) is effective as of [—], 2012 (the “Effective Date”) by and between Vocera Communications, Inc., a Delaware corporation (the “Company”),
and [—] (the “Purchaser”). 
 WHEREAS, the Company desires to
issue and sell to the Purchaser, and the Purchaser desires to purchase from the Company, capital stock of the Company as herein described according to the terms and subject to the conditions hereinafter set forth. 

WHEREAS, the Purchaser is a non-employee member of the Company’s Board of Directors. 

NOW, THEREFORE, in consideration for the mutual promises and covenants set forth herein and for other good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows: 

1.        Number of Shares and Price Per Share. The Purchaser hereby agrees to purchase
from the Company, and the Company agrees to sell to the Purchaser, [            ] shares of the Company’s Common Stock, with a $0.0003 par value per share (the
“Stock”), at a purchase price equal to the par value per share (the “Purchase Price”). The Purchase Price shall be deemed paid through services provided by the Purchaser. 

2.        Unvested Share Repurchase Option. In the event that the Purchaser’s
engagement with the Company as a member of the Company’s Board of Directors is terminated with or without cause or if the Purchaser or the Purchaser’s legal representative attempts to sell, assign, pledge, encumber, exchange, transfer or
otherwise dispose of any shares of Stock purchased pursuant to this Agreement which have not vested in the Purchaser pursuant to Section 2(a) below (the “Unvested Shares”), the Company shall have the right to reacquire the
Unvested Shares under the terms and subject to the conditions set forth in this Section 2 (the “Unvested Share Repurchase Option”). 
 (a)        Vesting of Stock. The term “Vesting Start Date” shall mean February 9, 2012. Shares that are vested pursuant to the vesting
schedule set forth in this subsection and pursuant to Section 2(d) are vested shares (the “Vested Shares”). For so long as the Purchaser continuously provides services to the Company as a non-employee member of the
Company’s Board of Directors from and after the Vesting Start Date, the shares of Stock subject to this Agreement will vest as follows: (a) prior to February 9, 2013, none of the shares of Stock subject to this Agreement will vest,
(b) 50% of the shares of Stock subject to this Agreement will vest on February 9, 2013 and (c) the remaining 50% of the shares of Stock subject to this Agreement will vest on February 9, 2014. The aggregate percentage of Stock
constituting Vested Shares may not exceed one hundred percent (100%) of the Stock, and the number of shares of Stock shall be adjusted appropriately to reflect any stock splits, stock dividends, recombinations, recapitalizations or the like by
the Company. 
 (b)        Exercise of Unvested Share Repurchase Option. Except
as provided in Section 2(e) below, in the event that the Purchaser’s engagement with the Company as a member of the Company’s Board of Directors is terminated with or without cause or if the Purchaser or the Purchaser’s legal
representative attempts to sell, assign, pledge, encumber, exchange, transfer or otherwise dispose of any Unvested Shares other than as allowed in this Agreement, the Company may exercise the Unvested Share Repurchase Option by written notice to the
Escrow Agent (as defined in Section 10 below) and to the Purchaser or the Purchaser’s legal representative within sixty (60) days after such termination or after the Company has received notice of the attempted disposition.

  
 1 

 (c)        Payment for Stock and Return of the
Stock. Payment by the Company to the Escrow Agent on behalf of the Purchaser or the Purchaser’s legal representative shall be made in cash within sixty (60) days after the date of the mailing of the written notice of exercise of the
Unvested Share Repurchase Option. For purposes of the foregoing, cancellation of any promissory note of the Purchaser to the Company shall be treated as payment to the Purchaser in cash to the extent of the unpaid principal and any accrued interest
canceled. The purchase price per share for the shares being purchased by the Company shall be an amount equal to the Purchaser’s Purchase Price. Within thirty (30) days after payment by the Company, the Escrow Agent shall give the shares
which the Company has purchased to the Company and shall give the payment received from the Company to the Purchaser. 

(d)        Accelerated Vesting; Early Termination of Unvested Share Repurchase Option. The
other provisions of Section 2 withstanding, 100% of any Unvested Shares shall fully and automatically vest and the Unvested Share Repurchase Option shall terminate with respect to such shares in the event of a Change of Control. The term
“Change of Control” shall mean the first to occur of any of the following events after the Effective Date hereof: (i) the consummation of a merger or consolidation of the Company with any other entity, other than a merger or
consolidation where the stockholders of the Company immediately before such transaction obtain or retain, directly or indirectly, at least a majority of the beneficial interest in the voting securities of the acquiring entity or surviving entity
immediately after such merger or consolidation; or (ii) the consummation of the sale or disposition (or the last in a series of sales or dispositions) by the Company of all or substantially all of the Company’s assets, other than a sale or
disposition to a wholly-owned direct or indirect subsidiary of the Company and other than a sale or disposition where the stockholders of the Company immediately before such transaction obtain or retain, directly or indirectly, at least a majority
of the beneficial interest in the voting securities of the acquiring entity or surviving entity to which such sale or disposition was made after such sale or disposition; or (iii) any “person” (as such term is used in Sections
13(d) and 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) or group of persons becoming the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly,
of securities of the Company 50% or more of the total voting power represented by the Company’s then outstanding voting securities; or (iv) during any one (1) consecutive year period after the Effective Date, Incumbent Directors cease
for any reason to constitute a majority of the Company’s Board of Directors. “Incumbent Directors” shall mean directors who either (i) are directors of the Company as of the Effective Date, or (ii) are elected, or
nominated for election, to the Company’s Board of Directors with the affirmative votes of at least a majority of those directors then still in office who either were directors on the Effective Date or whose election or nomination for election
was so approved, but excluding any director who was elected in connection with any actual or threatened proxy contest. In addition, the Company’s Board of Directors may also terminate the Unvested Repurchase Option in such other event as the
Board of Directors may determine to be appropriate. 
 (e)        Transfers Not
Subject to the Unvested Share Repurchase Option. The Unvested Share Repurchase Option shall not apply to a transfer to the Purchaser’s ancestors, descendants or spouse or a trustee for their benefit or the benefit of the Purchaser, provided
that such transferee shall agree in writing (in a form satisfactory to the Company) to take the Stock subject to all applicable terms and conditions of this Agreement, including Section 2 providing for an Unvested Share Repurchase Option and
Section 3 providing for a Right of First Refusal (as defined in Section 3 below). 

(f)        Assignment of Unvested Share Repurchase Option. In the event the Company is
unable to exercise the Unvested Share Repurchase Option or the Right of First Refusal pursuant to the provisions of Section 500 et seq. of the California Corporations Code, or the corresponding provisions of other applicable law, the
Company shall have the right to assign the Unvested Share Repurchase Option or the Right of First Refusal to one or more persons as may be selected by the Company. 

  
 2 

 3.        Right of First Refusal. 

(a)        Notice of Transfer. In the event that the Purchaser proposes to sell, assign,
pledge, encumber, exchange, transfer or otherwise dispose of (“Transfer”) any of the Purchaser’s Stock, the Purchaser shall give the Company written notice of the Purchaser’s intention (“Transfer Notice”),
describing the offered shares (“Offered Shares”), the identity of the prospective transferee and the consideration and the material terms and conditions upon which the proposed Transfer is to be made. The Transfer Notice shall be
signed by the Purchaser or the Purchaser’s representative and the prospective transferee, and must constitute a binding agreement for the Transfer of the Stock subject only to the Right of First Refusal. 

(b)        Bona Fide Determination. Within fifteen (15) days of delivery of the
Transfer Notice, the Company’s Board of Directors shall determine the bona fide nature of the proposed Transfer and give the Purchaser written notice of its determination. If the proposed Transfer is deemed to be bona fide, the remaining
subsections of this Section 3 shall apply to the sale. If the proposed Transfer is deemed not be bona fide, the Purchaser will be responsible for providing additional information to the Company’s Board of Directors to show the bona fide
nature of the proposed Transfer and no Stock will be Transferred on the books of the Company until the Company’s Board of Directors has approved the proposed Transfer as bona fide. 

(c)        Failure to Exercise; Exercise. If the Company elects not to or fails to
exercise in full the Right of First Refusal within fifteen (15) days from the later of the date the Transfer Notice is delivered to the Company or fifteen (15) days after the date the Transfer is determined to be bona fide (if the
Purchaser is required to provide additional information as provided in Section 3(b)), the Purchaser may, by the later of sixty (60) days after the delivery of the Transfer Notice to the Company or 30 days after the date the Transfer is
determined to be bona fide (if the Purchaser is required to provide additional information as provided in Section 3(b)), conclude a Transfer of the shares of Stock subject to the Transfer Notice which have not been purchased by the Company
pursuant to exercise of the Right of First Refusal on the terms and conditions described in the Transfer Notice. Any proposed Transfer on terms and conditions different from those described in the Transfer Notice, as well as any subsequent proposed
Transfer by the Purchaser, shall again be subject to the Right of First Refusal and shall require compliance by the Purchaser with the procedures described in this Section 3. If the Company (or its designee as selected by the Company) exercises
the Right of First Refusal, the Company shall give written notice to the Purchaser upon the later of fifteen (15) days of the Transfer Notice or the date of determination that the proposed Transfer is bona fide. Thereafter, the parties shall
consummate the sale of shares of Stock on the terms set forth in the Transfer Notice within fifteen (15) days of the Company’s notice of exercise; provided, however, in the event the Transfer Notice provides for the payment
for the shares of Stock other than in cash, the Company shall have the option of paying for the shares of Stock by the discounted cash equivalent of the consideration described in the Transfer Notice as reasonably determined by the Company.

 (d)        Condition to Transfer. All transferees of shares of Stock or any
interest therein other than the Company shall be required as a condition of such Transfer to agree in writing (in a form satisfactory to the Company) that they will receive and hold such shares of Stock or interest subject to all applicable terms
and conditions of this Agreement, including the Right of First Refusal. 

(e)        Termination of Right. The Right of First Refusal shall terminate at such time
as a public market exists for the Company’s Common Stock (or any other stock issued by the Company, or any successor, in exchange for the Stock); a “public market” shall be deemed to exist if such stock is listed on a national
securities exchange (as that term is used in the Exchange Act) or such stock is traded 

  
 3 

 
on the over-the-counter market and prices therefore are published daily on business days in a recognized financial journal. 

(f)        Limitation on Right. Notwithstanding the provisions of this Section 3, the
Right of First Refusal set forth in this Section 3 shall not apply to: 

(i)        any Transfer to the Purchaser’s ancestors or descendants or spouse or to a
trustee for their benefit provided that in any case any such transferee shall agree in writing (in a form satisfactory to the Company) to take the Stock subject to all applicable terms and conditions of this Agreement, including the Unvested Share
Repurchase Option, if applicable, and the Right of First Refusal. 
 (ii)        any
Transfer of less than an aggregate of 5% of the Stock held by the Purchaser. 

(iii)        any Transfer of the Stock (a) in the Company’s initial public offering of
securities registered under the Securities Act of 1933, as amended (“Securities Act”) or (b) in connection with a Change of Control. 
 4.        Additional or Exchanged Securities and Property. In the event of a merger or consolidation of the Company with or into another entity, any other
corporate reorganization, a stock split, the declaration of a stock dividend, the declaration of an extraordinary dividend payable in a form other than stock, a spin-off, an adjustment in conversion ratio, a recapitalization or a similar transaction
affecting the Company’s outstanding securities, any securities or other property (including cash or cash equivalents) that are by reason of such transaction exchanged for, or distributed with respect to, any Unvested Shares shall immediately be
subject to the Company’s Unvested Share Repurchase Option. Appropriate adjustments to reflect the exchange or distribution of such securities or property shall be made to the number and/or class of the shares of Stock. Appropriate adjustments
shall also be made to the price per share to be paid upon the exercise of the Unvested Share Repurchase Option, provided that the aggregate purchase price payable for the Unvested Shares shall remain the same. In the event of a merger or
consolidation of the Company with or into another entity or any other corporate reorganization, the Unvested Share Repurchase Option may be exercised by the Company’s successor. 

5.        Restrictions on Transfer of Unvested Shares. The Purchaser may not Transfer any
Unvested Shares of the Stock still subject to the Unvested Share Repurchase Option except as provided in Sections 2(e) and 3. 
 6.        Consent of Spouse. If the Purchaser is married on the date of this Agreement, the Purchaser’s spouse shall execute a Consent of Spouse in the
form of Exhibit A hereto, effective on the date hereof. Such consent shall not be deemed to confer or convey to the spouse any rights in the Stock that do not otherwise exist by operation of law or the agreement of the parties. If the
Purchaser should marry or remarry subsequent to the date of this Agreement, the Purchaser shall within thirty (30) days thereafter obtain his or her new spouse’s acknowledgment of and consent to the existence and binding effect of all
restrictions contained in this Agreement by signing an additional Consent of Spouse in the form of Exhibit A hereto. 
 7.        Legends. All certificates representing any shares of Stock subject to the provisions of this Agreement shall have endorsed thereon the following
legends: 
 (a)        “THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO A
REPURCHASE OPTION, A RIGHT OF FIRST REFUSAL IN FAVOR OF THE COMPANY OR ITS 

  
 4 

 
ASSIGNEE, AND OTHER RESTRICTIONS ON TRANSFER SET FORTH IN AN AGREEEMENT BETWEEN THE COMPANY AND THE REGISTERED HOLDER, OR HIS OR HER PREDECESSOR IN INTEREST, A COPY OF WHICH IS ON FILE AT THE
PRINCIPAL OFFICE OF THIS COMPANY.” 
 (b)        “THE SECURITIES EVIDENCED BY
THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED OR HYPOTHECATED UNLESS THERE IS AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT COVERING SUCH SECURITES, THE SALE
IS MADE IN ACCORDANCE WITH RULE 144 UNDER THE ACT, OR THE COMPANY RECEIVES AN OPINION OF COUNSEL FOR THE HOLDER OF THESE SECURITES REASONABLY SATISFACTORY TO THE COMPANY, STATING THAT SUCH SALE, TRANSFER, ASSIGNMENT OR HYPOTEHCATION IS EXEMPT FROM
THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS OF SUCH ACT.” 

(c)        Any legend required to be placed thereon by the California Commissioner of
Corporations. 
 8.        Warranties and Representations. In connection with the
proposed purchase of the Stock, the Purchaser hereby agrees, represents and warrants as follows: 

(a)        The Purchaser is purchasing the Stock solely for the Purchaser’s own account for
investment and not with a view to, or for resale in connection with, any distribution thereof within the meaning of the Securities Act. The Purchaser further represents that the Purchaser does not have any present intention of selling, offering to
sell or otherwise disposing of or distributing the Stock or any portion thereof, and that the entire legal and beneficial interest of the Stock that the Purchaser is purchasing is being purchased for, and will be held for the account of, the
Purchaser only and neither in whole nor in part for any other person. 
 (b)        The
Purchaser is aware of the Company’s business affairs and financial condition and has acquired sufficient information about the Company to reach an informed and knowledgeable decision to acquire the Stock. The Purchaser further represents and
warrants that the Purchaser has discussed the Company and its plans, operations and financial condition with its officers, has received all such information as the Purchaser deems necessary and appropriate to enable the Purchaser to evaluate the
financial risk inherent in making an investment in the Stock and has received satisfactory ad complete information concerning the business and financial condition of the Company in response to all inquiries in respect thereof. 

(c)        The Purchaser realizes that the Purchaser’s purchase of the Stock will be a
highly speculative investment, and the Purchaser is able, without impairing the Purchaser’s financial condition, to hold the Stock for an indefinite period of time and to suffer a complete loss of the Purchaser’s investment. 

(d)        The Company has disclosed to the Purchaser that: 

(i)        The sale of the Stock has not been registered under the Securities Act, and the Stock
must be held indefinitely unless a transfer of it is subsequently registered under the Securities Act or an exemption from such registration is available, and that the Company is under no obligation to register the Stock; 

  
 5 

 (ii)        The Company will make a notation in its
records of the aforementioned restrictions on transfer and legends. 
 (e)        The
Purchaser has been advised that SEC Rule 144 promulgated under the Securities Act, which permits certain limited sales of unregistered securities, is not presently available with respect to the Shares and, in any event, requires that the Shares be
held for a minimum of six (6) months, and in certain cases one (1) year, after they have been purchased and paid for (within the meaning of Rule 144), subject to the lengthier market standoff agreement contained in Section 9 of
this Agreement or any other agreement entered into by the Purchaser. The Purchaser understands that Rule 144 may indefinitely restrict transfer of the Shares so long as the Purchaser remains an “affiliate” of the Company or if
“current public information” about the Company (as defined in Rule 144) is not publicly available. 

(f)        Without in any way limiting the Purchaser’s representations and warranties set
forth above, the Purchaser further agrees that he or she shall in no event make any disposition of all or any portion of the Stock which he or she is purchasing unless and until: 

(i)        There is then in effect a Registration Statement under the Securities Act covering
such proposed disposition and such disposition is made in accordance with said Registration Statement; or 
 (ii) The Purchaser
shall have (1) notified the Company of the proposed disposition and furnished the Company with a detailed statement of the circumstances surrounding the proposed disposition, and (2) furnished the Company with an opinion of his or her own
counsel to the effect that such disposition will not require registration of such shares under the Securities Act, and such opinion of his or her counsel shall have been concurred in by counsel for the Company, and the Company shall have advised the
Purchaser of such concurrence. 
 9.        “Market Stand-Off”
Agreement. The Purchaser hereby agrees that in connection with any underwritten public offering by the Company, during the period of time specified by the Company and an underwriter of common stock of the Company following the effective date of
the registration statement of the Company filed under the Securities Act with respect to such offering, the Purchaser shall not, to the extent requested by the Company and such underwriter, directly or indirectly sell, offer to sell, contract to
sell (including, without limitation, any short sale), grant any option to purchase, pledge or otherwise transfer or dispose of (other than to donees who agree to be similarly bound) any securities of the Company held by it at any time during such
period. 
 10.        Escrow. As security for his or her faithful performance of
this Agreement and to insure the availability for delivery of the Stock upon of the Unvested Share Repurchase Option and the Right of First Refusal herein provided for, the Purchaser agrees to deliver to and deposit with the Secretary of the Company
(the “Escrow Agent”), as Escrow Agent in this transaction, two Stock Assignments duly endorsed (with date and number of shares blank) in the form attached hereto as Exhibit B, together with the certificate or certificates
evidencing the Stock; such documents are to be held by the Escrow Agent pursuant to the Joint Escrow Instructions of the Company and the Purchaser set forth in Exhibit C attached hereto and incorporated by this reference, which instructions
shall also be delivered to the Escrow Agent at the closing hereunder. 

11.        Transfers in Violation of Agreement. The Company shall not be required
(i) to Transfer on its books any shares of Stock of the Company which shall have been Transferred in violation of any of the provisions set forth in this Agreement or (ii) to treat as owner of such shares or to accord the right to

  
 6 

 
vote as such owner or to pay dividends to any transferee to whom such shares shall have been so Transferred. 
 12.         Rights as Shareholder. Subject to the provisions of this Agreement, the Purchaser shall during the term of this Agreement be entitled to exercise
all rights and privileges of a stockholder of the Company with respect to the Stock deposited in escrow. 

13.         Further Instruments. The parties agree to execute such further instruments and
to take such further action as may reasonably be necessary to carry out the intent of this Agreement. 

14.         Notice. Any notice required or permitted hereunder shall be given in writing
and shall be deemed effectively given upon personal delivery or upon deposit in the United States Post Office, by registered or certified mail with postage and fees prepaid, addressed to the other party hereto at the address hereinafter shown below
his or her signature or at such other address as such party may designate by ten (10) days’ advance written notice to the other party hereto. 
 15.         Successors and Assigns. This Agreement shall inure to the benefit of the successors and assigns of the Company and, subject to the restrictions
on Transfer herein set forth, be binding upon the Purchaser, his or her heirs, executors, administrators, successors and assigns. 
 16.         Entire Agreement; Amendments. This Agreement, together with the Exhibits hereto, shall be construed under the laws of the State of California (as
it applies to agreements between California residents, entered into and to be performed entirely within California), and constitutes the entire agreement of the parties with respect to the subject matter hereof superseding all prior written or oral
agreements, and no amendment or addition hereto shall be deemed effective unless agreed to in writing by the parties hereto. 

17.         Right to Specific Performance. The Purchaser agrees that the Company shall be
entitled to a decree of specific performance of the terms hereof or an injunction restraining violation of this Agreement, said right to be in addition to any other remedies available to the Company. 

18.         Severability. If any provision of this Agreement is held by a court of
competent jurisdiction to be invalid, void or unenforceable, the remaining provisions shall nevertheless continue in full force and effect without being impaired or invalidated in any way and shall be construed in accordance with the purposes and
tenor and effect of this Agreement. 
 19.         Election Under Section 83(b)
of the Code; Tax Consequences. THE PURCHASER UNDERSTANDS THAT THE PURCHASER MAY SUFFER ADVERSE TAX CONSEQUENCES AS A RESULT OF THE PURCHASER’S PURCHASE OR DISPOSITION OF THE SHARES OF STOCK. THE PURCHASER REPRESENTS (a) THAT
THE PURCHASER HAS CONSULTED WITH ANY TAX ADVISER THAT THE PURCHASER DEEMS ADVISABLE IN CONNECTION WITH THE PURCHASE OR DISPOSITION OF THE SHARES OF STOCK AND (b) THAT THE PURCHASER IS NOT RELYING ON THE COMPANY FOR ANY TAX ADVICE. The
Purchaser hereby acknowledges that the Purchaser has been informed that, with respect to Unvested Shares, unless an election is filed by the Purchaser with the United States Internal Revenue Service (and, if necessary, the proper state taxing
authorities) within 30 days after the purchase of the shares of Stock electing, pursuant to Section 83(b) of the Internal Revenue Code (and similar state tax provisions, if applicable), to be taxed currently on any difference
between the Purchase Price of the Unvested Shares and their Fair Market Value on the date of purchase, there will be a recognition of taxable income to the Purchaser, measured by the excess, if any, of the Fair Market Value of the Unvested Shares,
at the time they cease to be Unvested Shares, over the Purchase Price for such shares. The Purchaser represents that the Purchaser has consulted any tax advisers the 

  
 7 

 
Purchaser deems advisable in connection with the Purchaser’s purchase of the shares of Stock and the filing of the election under Section 83(b) and similar tax provisions. A form of
election under Section 83(b) is attached hereto as Exhibit D for reference. BY PROVIDING THE FORM OF ELECTION, NEITHER THE COMPANY NOR ITS LEGAL COUNSEL IS THEREBY UNDERTAKING TO FILE THE ELECTION FOR THE PURCHASER, WHICH
OBLIGATION TO FILE SHALL REMAIN SOLELY WITH THE PURCHASER. 
 20.        
Counterparts. This Agreement may be executed in counterparts, each of shall be an original, but all of which together shall constitute one instrument. 
 [remainder of this page intentionally left blank] 

  
 8 

 IN WITNESS WHEREOF, the parties hereto have executed this Restricted Stock Purchase
Agreement as of the day and year first above written. 
  

							
	 	 	PURCHASER	 	  	 	COMPANY
				
		 		 		 	Vocera Communications, Inc.
			
	  
	 		 	  

	[Name]	 		 	By: Robert Zollars
		 		 		 	Its: Chief Executive Officer
				
	Address:	 	 	 		 	Address: 525 Race Street, #150
	  
	 		 	   San Jose, CA 95126

  
 9 

 EXHIBIT A 
 CONSENT OF SPOUSE 
 I,
                                         
                           , spouse of
[            ], acknowledge that I have read the Restricted Stock Purchase Agreement dated as of [            ],
2012, to which this Consent is attached as Exhibit A (the “Agreement”) and that I know its consents. I am aware that by its provisions that Vocera Communications, Inc. (the “Company”) has the option to
purchase certain shares of Stock of the Company which my spouse owns pursuant to the Agreement including any interest I might have therein, upon termination of my spouse’s engagement under circumstances set forth in the Agreement, and certain
other restrictions are imposed upon the sale, transfer or other disposition of the Stock during my spouse’s lifetime. Capitalized terms not otherwise defined herein shall have the meanings given them in the Agreement. 

I hereby agree that my interest, if any, in the Stock subject to the Agreement shall be irrevocably bound by the Agreement and further
understand and agree that any community property interest I may have in the Stock shall be similarly bound by the Agreement. 

I am aware that the legal, financial and related matters contained in the Agreement are complex and that I am free to seek independent
professional guidance or counsel with respect to this Consent. I have either sought such guidance or counsel or determined after reviewing the Agreement carefully that I will waive such right. 

Dated as of             , 2012. 

 

			
	  
	   

		
	Print Name:	 	  

 EXHIBIT B 
 ASSIGNMENT SEPARATE FROM CERTIFICATE 
 FOR VALUE RECEIVED,
                                         
               , hereby sells, assigns and transfers unto
                                         
                                         
                                  
(                    ) shares of the Common Stock of Vocera Communications, Inc., a Delaware corporation, standing in the undersigned’s
name on the books of said Company represented by Certificate No.                      herewith, and does hereby irrevocably constitute and
appoint
                                         
    as my attorney to transfer the said stock on the books of the said Company with full power of substitution in the premises. 
  

							
	Date:
                                    	  		  	By:	  	 

 EXHIBIT C 
 JOINT ESCROW INSTRUCTIONS 
 Corporate Secretary 

Vocera Communications, Inc. 
 525 Race Street,
#150 
 San Jose, CA 95126 

Ladies/Gentlemen: 
 As Escrow
Agent for both Vocera Communcations, Inc., a Delaware corporation (“Company”), and the undersigned purchaser of common stock (the “Stock”) of the Company (“Purchaser”), you are hereby authorized and
directed to hold the documents delivered to you pursuant to the terms of that certain Restricted Stock Purchase Agreement (“Agreement”), dated as of the date hereof, to which a copy of these Joint Escrow Instructions is attached as
Exhibit C, in accordance with the following instructions: 
 1.         In the
event the Company and/or assignee of the Company (referred to collectively for convenience herein as the “Company”) shall elect to exercise the Unvested Share Repurchase Option or the Right of First Refusal set forth in the
Agreement, the Company shall give to Purchaser and you a written notice specifying the number of shares of Stock to be purchased, the purchase price, and the time for a closing hereunder at the principal office of the Company. Purchaser and the
Company hereby irrevocably authorize and direct you to close the transaction contemplated by such notice in accordance with the terms of such notice. 
 2.         At the closing of a transaction pursuant to Paragraph 1, you are directed (a) to date the stock assignments necessary for the transfer in question,
(b) to fill in the number of shares of Stock being transferred, and (c) to deliver same, together with the certificates evidencing the shares of Stock to be transferred, to the Company against the simultaneous delivery to you of the
purchase price (by check) for the number of shares of Stock being purchased pursuant to the exercise of the Unvested Share Repurchase Option or the Right of First Refusal, as the case may be. 

3.         Purchaser irrevocably authorizes the Company to deposit with you any certificates
evidencing shares of Stock to be held by you hereunder and any additions and substitutions to said shares as defined in the Agreement. Purchaser does hereby irrevocably constitute and appoint you and his or her attorney-in-fact and agent for the
term of this escrow to execute with respect to such securities all stock certificates, stock assignments, or other documents necessary or appropriate to make such securities negotiable and complete any transaction herein contemplated. Subject to the
provisions of this paragraph 3, Purchaser shall exercise all rights and privileges of a shareholder of the Company while the Stock is held by you. 
 4.         This escrow shall terminate at such time as there are no longer any shares of stock subject to the Unvested Share Repurchase Option or the Right of First
Refusal. 
 5.         If at the time of termination of this escrow you should have in
your possession any documents, securities, or other property belonging to Purchaser, you shall deliver all of same to Purchaser and shall be discharged of all further obligations hereunder. 

6.         Your duties hereunder may be altered, amended, modified or revoked only by writing
signed by all of the parties hereto. 

 7.         You shall be obligated only for the
performance of such duties as are specifically set forth herein and may rely and shall be protected in relying or refraining from acting on any instrument reasonably believed by you to be genuine and to have been signed or presented by the proper
party or parties. You shall not be personally liable for any act you may do or omit to do hereunder as Escrow Agent or as attorney-in-fact for Purchaser while acting in good faith and in the exercise of your own good judgment, and any act done or
omitted by you pursuant to the advice of your own attorneys shall be conclusive evidence to such good faith. 

8.         You are hereby expressly authorized to disregard any and all warnings given by any of
the parties hereto or by any other person or Company, excepting only orders or process of courts of law, and are hereby expressly authorized to comply with and obey orders, judgments or decrees of any court. In case you obey or comply with any such
order, judgment or decree of any court, you shall not be liable to any of the parties hereto or to any other person, firm or Company by reason of such compliance, notwithstanding any such order, judgment or decree being subsequently reversed,
modified, annulled, set aside, vacated or found to have been entered without jurisdiction. 

9.         You shall not be liable in any respect on account of the identity, authorities or
rights of the parties executing or delivering or purporting to execute or deliver the Agreement or any documents or papers deposited or called for hereunder. 
 10.         You shall not be liable for the outlawing of any rights under the statute of limitations with respect to these Joint Escrow Instructions or any
documents deposited with you. 
 11.         You shall be entitled to employ such legal
counsel and other experts as you may deem necessary or proper to advise you in connection with your obligations hereunder, may rely upon the advice of such counsel, and may pay such counsel reasonable compensation therefor. 

12.         Your responsibilities as Escrow Agent hereunder shall terminate if you shall cease to
be counsel to the Company or if you shall resign by written notice to each party. In the event of any such termination, the Company shall appoint a successor Escrow Agent. 
 13.         If you reasonably require other or further instructions in connection with these Joint Escrow Instructions or obligations in respect hereto, the
necessary parties hereto shall join in furnishing such instruments. 
 14.         It is
understood and agreed that should any dispute arise with respect to the delivery and/or ownership or rights of possession of the securities held by you hereunder, you are authorized and directed to retain in your possession without liability to
anyone all or any part of said securities until such dispute shall have been settled either by mutual written agreement of the parties concerned or by a final order, decree, or judgment of a court of competent jurisdiction after the time for appeal
has expired and no appeal has been perfected, but you shall be under no duty whatsoever to institute or defend any such proceedings. 
 15.         Any notice required or permitted hereunder shall be given in writing and shall be deemed effectively given upon personal delivery or upon deposit in the
United State Post, by registered or certified mail with postage and fees prepaid, addressed to each of the other parties thereunto entitled at the following addresses, or at such other addresses as a party may designate by ten (10) days’
advance written notice to each of the other parties hereto. 
  

			
	        COMPANY:	  	Vocera Communications, Inc.
		  	525 Race Street, #150

  
 2 

  

			
	 	  	San Jose, CA 95126
		
	        PURCHASER:	  	 [Name]

[Address]

		
	        ESCROW AGENT:	  	 Corporate Secretary
 Vocera
Communications, Inc.
 525 Race Street, #150
 San Jose, CA 95126

 16.         By signing these Joint Escrow Instructions, you
become a party hereto only for the purpose of said Joint Escrow Instructions; you do not become a party to the Agreement. 

[remainder of this page intentionally left blank] 

  
 3 

 17.        This instrument shall be binding upon
and inure to the benefit of the parties hereto, and their respective successors and permitted assigns. 
  

			
	Very truly yours,
	
	  

		
	By:	 	Robert Zollars
		 	Chief Executive Officer
	
	PURCHASER:
	
	  

[Name]

	
	Agreed to and accepted as of the date set forth above:
	
	ESCROW AGENT:
	
	Corporate Secretary
		
	By:	 	  

		 	[Name]

 EXHIBIT D 
 ELECTION UNDER SECTION 83(b) 
 OF THE INTERNAL REVENUE CODE

 The undersigned Taxpayer hereby elects, pursuant to Section 83(b) of the United States Internal Revenue Code of
1986, as amended, to include the excess, if any, of the fair market value of the property described below at the time of transfer over the amount paid for such property, as compensation for services in the calculation of regular gross income.

  

							
	1.	  	TAXPAYER’S NAME:	  		  	 
				
		  	TAXPAYER’S ADDRESS:	  		  	 
				
		  		  		  	 
				
		  	SOCIAL SECURITY NUMBER:	  		  	 
		
	2.	  	The property with respect to which the election is made is described as follows: XXXX (XXXX) shares of Common Stock of Vocera Communications, Inc., a
Delaware corporation (the “Company”) which were transferred pursuant to a Restricted Stock Purchase Agreement entered into by Taxpayer and the Company, which is Taxpayer’s employer or the corporation for whom the
Taxpayer performs services.
		
	3.	  	The date on which the shares were transferred pursuant to the purchase of the shares was
                                , 2012 and this election is made for calendar year
[2012].
		
	4.	  	The shares received are subject to the following restrictions: The Company may repurchase all or a portion of the shares at the Taxpayer’s original purchase
price under certain conditions at the time of Taxpayer’s termination of employment or services.
		
	5.	  	The fair market value of the shares (without regard to restrictions other than restrictions which by their terms will never lapse) was
$             per share at the time of purchase.
		
	6.	  	The amount paid for such shares by Taxpayer was $0.0003 per share.
		
	7.	  	The Taxpayer has submitted a copy of this statement to the Company.

 THIS ELECTION MUST BE FILED WITH THE INTERNAL REVENUE SERVICE (“IRS”), AT THE OFFICE
WHERE THE TAXPAYER FILES ANNUAL INCOME TAX RETURNS, WITHIN 30 DAYS AFTER THE DATE OF TRANSFER OF THE SHARES, AND MUST ALSO BE FILED WITH THE TAXPAYER’S INCOME TAX RETURNS FOR THE CALENDAR YEAR. THE ELECTION CANNOT BE REVOKED WITHOUT THE
CONSENT OF THE IRS. 
  

			
	Dated:
                                         
                   	  	  

		
		  	Taxpayer’s Signature

  
 5

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