Document:

Registration Rights Agreement by & b/w Ilink Holdings Corp. & certain investors

 Exhibit 4.1 
  

EXECUTION COPY 
  
 REGISTRATION RIGHTS AGREEMENT 
 ILINK
HOLDINGS CORP. 
  
 This Registration Rights Agreement (this
“Agreement”) is made and entered into as of June 9, 2004 by and among Ilink Holdings Corp., a Delaware corporation (including its successors and assigns, the “Company”), and the shareholders of the Company signatory
hereto (the “Shareholders”). 
  
 WHEREAS, the
Company and certain Shareholders have entered into a Contribution Agreement (the “Contribution Agreement”), dated as of the date hereof, pursuant to which, upon the terms and subject to the conditions contained therein, the
Shareholders have agreed to acquire shares of the Company’s Series 1 Convertible Preferred Stock, par value $.01 per share (the “Series 1 Preferred Stock”); 
  
 WHEREAS, the Company and certain Shareholders have entered into a Stock Purchase Agreement, dated as of the date hereof (the
“Stock Purchase Agreement”), pursuant to which, upon the terms and subject to the conditions contained therein, such Shareholders are purchasing shares of Series 1 Preferred Stock from the Company; 
  
 WHEREAS, simultaneously herewith, the Shareholders and the Company are
executing and delivering a Shareholders’ Agreement (the “Shareholders Agreement”) providing, among other things, for certain rights and obligations with respect to the ownership of the shares of Series 1 Preferred Stock, and
shares of the Company’s common stock to be acquired by the Shareholders upon conversion thereof; 
  
 WHEREAS, (i) to induce the Shareholders to execute and deliver the Contribution Agreement and the Stock Purchase Agreement and to consummate the
transactions contemplated thereby and (ii) to induce the Shareholders to execute and deliver the Shareholders Agreement and to consummate the transactions contemplated thereby, the Company has agreed to provide the Shareholders with the registration
rights set forth in this Agreement; 
  
 WHEREAS, the Shareholders
are parties to that certain Fourth Amended and Restated Registration Rights Agreement, made and entered into as of January 29, 2001, by and among IntraLinks, Inc., a Delaware corporation (“IntraLinks”), and the persons signatory
thereto (the “Existing Registration Rights Agreement”); 
  
 WHEREAS, pursuant to the terms of a Certificate of Ownership and Merger, promptly following the execution of this Agreement, the Company intends to effect the merger (the “Merger”) of the Company with
and into IntraLinks, with IntraLinks being the surviving corporation in the Merger; 
  
 WHEREAS, the parties hereto intend that (i) prior to the Merger, this Agreement will govern the rights and obligations of the Shareholders, on the one hand, and the Company, on the other hand, and (ii) immediately
following the Merger, this Agreement will govern the rights and obligations of the Shareholders, on the one hand, and IntraLinks, as the surviving corporation in the Merger, on the other hand; and 
  

 WHEREAS, upon consummation of the Merger, the Existing Registration Rights Agreement will terminate in
its entirety and this Agreement will replace and supercede in its entirety the Existing Registration Rights Agreement. 
  
 Accordingly, the parties hereto agree as follows: 
  
 1. Certain Definitions. As used herein, the following terms shall have the following respective meanings: 
  
 “Commission” shall mean the Securities and Exchange
Commission, or any other federal agency at the time administering the Securities Act. 
  
 “Common Stock” shall mean the Common Stock of the Company, $.01 par value, as constituted as of the date of this Agreement, subject to adjustment pursuant to the provisions of Section 9 hereof.

  
 “Exchange Act” shall mean the Securities
Exchange Act of 1934 or any similar federal statute, and the rules and regulations of the Commission thereunder, all as the same shall be in effect at the time. 
  

“Registration Expenses” shall mean the expenses in Section 7 hereof. 
  
 “Restricted Stock” shall mean any shares of Series 1 Preferred Stock or any shares of Common Stock issued
upon conversion of such shares, in each case which are not freely tradable under the Securities Act. 
  
 “Securities Act” shall mean the Securities Act of 1933 or any similar federal statute, and the rules and regulations of the Commission
thereunder, all as the same shall be in effect at the time. 
  
 “Selling Expenses” shall mean the expenses so described in Section 7 hereof. 
  
 2. Required Registration. 
  
 (a) At any time on or after the first anniversary of a Qualified IPO (as defined herein) of the Company, Shareholders holding in the aggregate at least
30% of the Restricted Stock (as adjusted for stock splits, stock dividends, recapitalizations and the like) (the “Initiating Holder”) may request, in writing, that the Company effect the registration of Restricted Stock
having an anticipated aggregate offering price of at least $2.0 million (based on the then current market price or fair value and including any shares to be registered pursuant to any incidental registration rights described in paragraph 2(b)
hereof) in accordance with the intended methods of distribution as specified by the Initiating Holder in such notice (the “Demand Notice”); provided, however, that the only securities which the Company shall be
required to register pursuant hereto shall be shares of Common Stock. A “Qualified IPO” shall mean the completion of a firm commitment initial public offering of the Company’s Common Stock. 
  
 (b) Promptly following receipt of a Demand Notice under Section 2(a), the
Company shall immediately notify (the “Company Notice”) all holders of Restricted Stock and 

  

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shall use its best efforts to register under the Securities Act, for public sale in accordance with the method of disposition specified in the Demand Notice,
the number of shares of Restricted Stock specified in such notice (and in any notices received from other holders of Restricted Stock within 20 days after their receipt of such notice from the Company). The Company shall be entitled to include in
any registration statement referred to in this Section 2 shares of Common Stock to be sold by the Company for its own account. Notwithstanding the foregoing, if the proposed method of disposition specified by the Initiating Holder shall be an
underwritten public offering, the number of shares of Restricted Stock to be included in such an offering will be reduced, first by the Company with respect to shares it wishes to register in such registration, and second, pro rata
among the requesting holders of Restricted Stock, based on the total number of shares of Restricted Stock so requested to be registered, if and to the extent that the managing underwriter shall be of the opinion that such inclusion would adversely
affect the marketing of the Restricted Stock to be sold. If such method of disposition shall be an underwritten public offering, a majority of the holders of the Restricted Shares may designate the managing underwriter of such offering. 

 
 (c) The Company shall not be required to effect more than two
registrations pursuant to Section 2(a) above. In addition, the Company shall not be obligated to effect any such registration, qualification or compliance pursuant to this Agreement more than once in any six (6) month period. Subject to the
foregoing, the Company shall file a registration statement covering the Restricted Stock so requested to be registered as soon as practicable after receipt of the request or requests of the holders of the Restricted Stock. Anything to the contrary
in this Section 2 notwithstanding, a registration shall not be effected pursuant to this Section 2 with respect to any Restricted Stock once such Restricted Stock otherwise may be sold to the public without restriction. 
  
 3. Form S-3 Registration. 
  
 (a) At the time that the Company is qualified to use a Form S-3 (or successor
short form registration form, if applicable) for registration for shares of its own stock or for shares of its stockholders and if the Company shall receive from any holder or holders of Restricted Stock a written request or requests that the
Company effect a registration on Form S-3 and any related qualification or compliance with respect to Restricted Stock owned by such holder or holders, the Company will: 
  
 (i) promptly give written notice of the proposed registration, and any related qualification or compliance,
to all other holders of Restricted Stock; and 
  
 (ii) as soon as practicable, effect such registration (including, without limitation, the execution of an undertaking to file post-effective amendments, appropriate qualifications under applicable blue sky or other state securities laws and
appropriate compliance with applicable regulations issued under the Securities Act and any other government requirements or regulations) as may be so requested and as would permit or facilitate the sale and distribution of all or such portion of
such holder’s or holders’ Restricted Stock as are specified in such request, together with all or such portion of the Restricted Stock of any holder or holders joining in such request as are specified in a written request given within
thirty (30) days after receipt of such written notice from the 

  

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Company, provided that (i) the Company may defer such registration for one period of up to 90 days during any 12-month period and (ii) the Company shall not
be obligated to effect any such registration, qualification or compliance pursuant to this Agreement (A) more than once in any twelve month period, or (B) if the Company is not entitled to use Form S-3 for registration for shares of its own stock or
for shares of its stockholders. Subject to the foregoing, the Company shall file a registration statement covering the Restricted Stock so requested to be registered as soon as practicable after receipt of the request or requests of the holders of
the Restricted Stock. 
  
 (b) Registrations effected pursuant to
this Section 3 shall not be counted as requests for registration effected pursuant to Section 2. 
  
 (c) Anything to the contrary in this Section 3 notwithstanding, a registration shall not be effected pursuant to this Section 3 (i) for Restricted Stock
with an aggregate market value of less than $2,000,000, or (ii) once the Restricted Stock otherwise may be sold to the public without restriction. 
  
 4. Incidental Registration. If the Company at any time (other than pursuant to Section 2 hereof) proposes to register any of its Common Stock under
the Securities Act for sale to the public, whether for its own account or for the account of other securityholders or both (except with respect to registration statements on Form S-4 or S-8 or another form not available for registering the
Restricted Stock for sale to the public), it will give written notice at such time to all holders of outstanding Restricted Stock of its intention to do so. Upon the written request of any such holder, given within 30 days after receipt of any such
notice from the Company, to register any of its Restricted Stock (which request shall state the intended method of disposition thereof), the Company will use its best efforts to cause the Restricted Stock as to which registration shall have been so
requested to be included in the securities to be covered by the registration statement proposed to be filed by the Company, all to the extent requisite to permit the sale or other disposition by the holder (in accordance with its written request) of
such Restricted Stock so registered; provided that nothing herein shall prevent the Company from abandoning or delaying such registration at any time, In the event that any registration pursuant to this Section 4 shall be, in whole or in
part, an underwritten public offering of Common Stock, any request by a holder pursuant to this Section 4 to register Restricted Stock shall specify that either (i) such Restricted Stock is to be included in the underwriting on the same terms and
conditions as the shares of Common Stock otherwise being sold through underwriters under such registration or (ii) such Restricted Stock is to be sold in the open market without any underwriting (except as such sale may be restricted pursuant to
Section 5). The number of shares of Restricted Stock to be included in such an underwriting may be reduced pro rata among the requesting holders of Restricted Stock and other requesting securityholders who request pursuant to their
demand or incidental registration rights or other similar rights, based upon the total number of shares so requested to be registered, if and to the extent that the managing underwriter shall be of the opinion that such inclusion would adversely
affect the marketing of the securities to be sold by the Company therein. 
  
 5. Restrictions on Public Sale by Holders of Restricted Stock. Notwithstanding anything to the contrary contained in Sections 2, 3, and 4, each holder of Restricted Stock agrees, in connection with a Qualified
IPO, if requested (pursuant to a written 

  

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notice) by the managing underwriter or underwriters in such Qualified IPO, not to effect any public sale or distribution of any of the Company’s
securities (except as part of such underwritten offering), including a sale pursuant to Rule 144, during the period commencing on the date of the request and continuing for not more than 180 days after the effective date of the registration
statement pursuant to which the Qualified IPO shall be made or such lesser period as is required by the managing underwriter. 
  
 The foregoing provisions shall not apply to any holder of Restricted Stock if such holder is prevented by applicable statute or regulation from entering
into any such agreement; provided, however, that any such holder shall undertake in its request to participate in any such underwritten public offering, not to effect any public sale or distribution of the class of securities covered
by such registration statement (except as part of such underwritten offering) during such period unless it has provided forty-five (45) days’ prior written notice of such sale or distribution to the managing underwriter or underwriters.

  
 6. Registration Procedures and Expenses. If and
whenever the Company is required by the provisions of Sections 2, 3 and 4 to use its best efforts to effect the registration of any of the Restricted Stock under the Securities Act, the Company will, as expeditiously as possible: 
  
 (a) prepare (and afford counsel for the selling holders
reasonable opportunity to review and comment thereon) and file with the Commission a registration statement (which, in the case of an underwritten public offering pursuant to Section 2 hereof, shall be on a form of general applicability satisfactory
to the managing underwriter selected as therein provided) with respect to such securities and use its best efforts to cause such registration statement to become and remain effective for the period of the distribution contemplated thereby
(determined as herein after provided); 
  
 (b)
prepare (and afford counsel for the selling holders reasonable opportunity to review and comment thereon) and file with the Commission such amendments and supplements to such registration statement and the prospectus used in connection therewith as
may be necessary to keep such registration statement effective for the period specified in paragraph (a) above and as comply with the provisions of the Securities Act with respect to the disposition of all Restricted Stock covered by such
registration statement in accordance with the sellers’ intended method of disposition set forth in such registration statement for such period; 
  
 (c) furnish to each seller and to each underwriter such number of copies of the registration statement and the prospectus included therein
(including each preliminary prospectus) as such persons may reasonably request in order to facilitate the public sale or other disposition of the Restricted Stock covered by such registration statement; 
  
 (d) use its best efforts to register or qualify the
Restricted Stock covered by such registration statement under the securities or blue sky laws of such jurisdictions as the sellers of Restricted Stock or, in the case of an underwritten public offering, the managing underwriter, shall reasonably
request (provided that the Company will not be required to (i) qualify generally to do business in any jurisdiction where it would not 

  

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otherwise be required to qualify but for this paragraph (d), (ii) subject itself to taxation in any such jurisdiction or (iii) consent to general service of
process in any jurisdiction); 
  
 (e) immediately
notify each seller under such registration statement and each underwriter, at any time when a prospectus relating thereto is required to be delivered under the Securities Act, of the happening of any event as a result of which the prospectus
contained in such registration statement, as then in effect, includes an untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein not misleading in the light of
the circumstances then existing; 
  
 (f) use its
best efforts (if the offering is underwritten) to furnish, at the request of any underwriter, on the date that Restricted Stock is delivered to the underwriters for sale pursuant to such registration: (i) an opinion dated such date of counsel
representing the Company for the purposes of such registration, addressed to the underwriters, stating that such registration statement has become effective under the Securities Act and that (A) to the best knowledge of such counsel, no stop order
suspending the effectiveness thereof has been issued and no proceedings for that purpose have been instituted or are pending or contemplated under the Securities Act, (B) the registration statement, the related prospectus, and each amendment or
supplement thereof, comply as to form in all material respects with the requirements of the Securities Act and the applicable rules and regulations of the Commission thereunder (except that such counsel need express no opinion as to financial
statements, the notes thereto, and the financial schedules and other financial and statistical data contained therein) and (C) to such other effects as may reasonably be requested by counsel for the underwriters or by such seller or its counsel, and
(ii) a letter dated such date from the independent public accountants retained by the Company, addressed to the underwriters, stating that they are independent public accountants within the meaning of the Securities Act and that, in the opinion of
such accountants, the financial statements of the Company included in the registration statement or the prospectus, or any amendment or supplement thereof, comply as to form in all material respects with the applicable accounting requirements of the
Securities Act, and such letter shall additionally cover such other financial matters (including information as to the period ending no more than five business days prior to the date of such letter) with respect to the registration in respect of
which such letter is being given as such underwriters or seller may reasonably request; and 
  
 (g) during normal business hours and with reasonable notice, make available for inspection by each seller, any underwriter participating
in any distribution pursuant to such registration statement, and any attorney, accountant or other agent retained by such seller or underwriter, all financial and other, records, pertinent corporate documents and properties of the Company, and cause
the Company’s officers, directors and employees to supply all information reasonably requested by any such seller, underwriter, attorney, accountant or agent in connection with such registration statement and permit such seller, attorney,
accountant or agent to participate in the preparation of such registration statement. 
  

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 For purposes of paragraphs (a) and (b) above, the period of distribution of Restricted Stock in a firm commitment
underwritten public offering shall be deemed to extend until each underwriter has completed the distribution of all securities purchased by it, and the period of distribution of Restricted Stock in any other registration shall be deemed to extend
until the earlier of the sale of all Restricted Stock covered thereby or six months after the effective date thereof. 
  
 In connection with each registration hereunder, the selling holders of Restricted Stock will furnish to the Company in writing such information with
respect to themselves and the proposed distribution by them as shall be reasonably necessary in order to assure compliance with federal and applicable state securities laws. 
  
 In connection with each registration pursuant to Sections 2, 3 and 4 hereof covering an underwritten public offering, the
Company agrees to enter into a written agreement with the managing underwriter selected in the manner herein provided in such form and containing such provisions as are customary in the securities business for such an arrangement between major
underwriters and companies of the Company’s size and investment stature, provided, however, that such agreement shall not contain any such provision applicable to the Company which is inconsistent with the provisions hereof and
provided, further, however, that the time and place of the closing under said agreement shall be as mutually agreed upon among the Company and such managing underwriter. 
  
 Notwithstanding anything to the contrary contained herein, the Company shall
not be required to include any class of securities in a registration statement other than Common Stock. 
  
 7. Expenses. All expenses incurred by the Company in complying with Sections 2, 3 and 4 hereof, including, without limitation, all registration and
filing fees, printing expenses, fees and disbursements of counsel and independent public accountants for the Company, fees and disbursements of one counsel for the sellers of Restricted Stock, fees of the National Association of Securities Dealers,
Inc., transfer taxes, fees of transfer agents and registrars and fees, but excluding any Selling Expenses, are herein called “Registration Expenses”. All underwriting discounts and selling commissions applicable to the sale
of Restricted Stock are herein called “Selling Expenses”. 
  
 The
Company will pay all Registration Expenses in connection with each registration statement filed pursuant to Sections 2, 3 and 4 hereof. 
  
 8. Indemnification. In the event of a registration of any of the Restricted Stock under the Securities Act pursuant to Sections 2, 3 and 4 hereof,
the Company will indemnify and hold harmless each seller of such Restricted Stock thereunder and each underwriter of Restricted Stock thereunder and each other person, if any, who controls such seller or underwriter within the meaning of the
Securities Act, against any losses, claims, damages or liabilities, joint or several, to which such seller or underwriter or controlling person may become subject under the Securities Act or otherwise, insofar as such losses, claims, damages or
liabilities (or actions in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of any material fact contained in any registration statement under which such Restricted Stock was registered under the
Securities Act pursuant to Sections 2, 

  

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3 and 4 hereof, any preliminary prospectus or final prospectus contained therein, or any amendment or supplement thereof, or arise out of or are based upon
the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, and will reimburse each such seller, each such underwriter and each such controlling person
for any legal or other expenses reasonably incurred by them in connection with investigating or defending any such loss, claim, damage, liability or action; provided, however, that the Company will not be liable in any such case if and
to the extent that any such loss, claim, damage or liability arises out of or is based upon an untrue statement or omission so made in conformity with information furnished by such seller, such underwriter or such controlling person in writing
specifically for use in such registration statement or prospectus. 
  
 In the event of a registration of any of the Restricted Stock under the Securities Act pursuant to Sections 2, 3 or 4 hereof, each seller of such Restricted Stock thereunder, severally and not jointly, will indemnify and hold harmless the
Company and each person, if any, who controls the Company within the meaning of the Securities Act, each officer of the Company who signs the registration statement, each director of the Company, each underwriter and each person who controls any
underwriter within the meaning of the Securities Act, against all losses, claims, damages or liabilities, joint or several, to which the Company or such officer or director or underwriter or controlling person may become subject under the Securities
Act or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon any untrue statement of any material fact contained in the registration statement under which such Restricted
Stock was registered under the Securities Act pursuant to Sections 2, 3 or 4, any preliminary prospectus or final prospectus contained therein, or any amendment or supplement thereof, or arise out of or are based upon the omission to state therein a
material fact required to be stated therein or necessary to make the statements therein not misleading, and will reimburse the Company and each such officer, director, underwriter and controlling person for any reasonable legal or other expenses
reasonably incurred by them in connection with investigating or defending any such loss, claim, damage, liability or action; provided, however, that such seller will be liable hereunder in any such case if and only to the extent that
any such loss, claim, damage or liability arises out of or is based upon an untrue statement or omission made in reliance upon and in conformity with information pertaining to such seller, as such, furnished in writing to the Company by such seller
specifically for use in such registration statement or prospectus; provided, further, however, that the liability of each seller hereunder shall be limited to the proportion of any such loss, claim, damage, liability or expense
which is equal to the proportion that the public offering price of shares sold by such seller under such registration statement bears to the total public offering price of all securities sold thereunder, but not to exceed the proceeds (net of
underwriting discounts and commissions) received by such seller from the sale of Restricted Stock covered by such registration statement. 
  
 Promptly after receipt by an indemnified party hereunder of notice of the commencement of any action, such indemnified party shall, if a claim in respect
thereof is to be made against the indemnifying party hereunder, notify the indemnifying party in writing thereof, but the omission so to notify the indemnifying party shall not relieve it from any liability which it may have to any indemnified party
other than under this Section 8. In case any such action shall be brought against any indemnified party and it shall notify the indemnifying party of the commencement thereof, the indemnifying party shall be entitled to participate in and, to the

  

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extent it shall wish, to assume and undertake the defense thereof with counsel satisfactory to such indemnified party, and, after notice from the
indemnifying party to such indemnified party of its election so to assume and undertake the defense thereof, the indemnifying party shall not be liable to such indemnified party under this Section 8 for any legal expenses subsequently incurred by
such indemnified party in connection with the defense thereof other than reasonable costs of investigation and of liaison with counsel so selected; provided, however, that, if the defendants in any such action include both the
indemnified party and the indemnifying party and the indemnified party shall have reasonably concluded that there may be reasonable defenses available to it which are different from or additional to those available to the indemnifying party, or if
the interests of the indemnified party reasonably may be deemed to conflict with the interests of the indemnifying party, the indemnified party shall have the right to select a separate counsel and to assume such legal defenses and otherwise to
participate in the defense of such action, with the expenses and fees of such separate counsel and other expenses related to such participation to be reimbursed by the indemnifying party as incurred. 
  
 Notwithstanding the foregoing, any indemnified party shall have the right to
retain its own counsel in any such action, but the fees and disbursements of such counsel shall be at the expense of such indemnified party unless (i) the indemnifying party shall have failed to retain counsel for the indemnified person as aforesaid
or (ii) the indemnifying party and such indemnified party shall have mutually agreed to the retention of such counsel. It is understood that the indemnifying party shall not, in connection with any action or related actions in the same jurisdiction,
be liable for the fees and disbursements of more than one separate firm qualified in such jurisdiction to act as counsel for the indemnified party. The indemnifying party shall not be liable for any settlement of any proceeding effected without its
written consent, but if settled with such consent or if there be a final judgment for the plaintiff, the indemnifying party agrees to indemnify the indemnified party from and against any loss or liability by reason of such settlement or judgment.

  
 If the indemnification provided for in the first two
paragraphs of this Section 8 is unavailable or insufficient to hold harmless an indemnified party under such paragraphs in respect of any losses, claims, damages or liabilities or actions in respect thereof referred to therein, then each
indemnifying party shall in lieu of indemnifying such indemnified party contribute to the amount paid or payable by such indemnified party as a result of such losses, claims, damages, liabilities or actions in such proportion as appropriate to
reflect the relative fault of the Company, on the one hand, and the underwriters and the sellers of such Restricted Stock, on the other, in connection with the statements or omissions which resulted in such losses, claims, damages, liabilities or
actions as well as any other relevant equitable considerations, including the failure to give any notice under the third paragraph of this Section 8. The relative fault shall be determined by reference to, among other things, whether the untrue
statement, or, in the case of the Company only, the alleged untrue statement, of a material fact relates to information supplied by the Company, on the one hand, or the underwriters and the sellers of such Restricted Stock, on the other, and to the
parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. The Company and each of you agree that it would not be just and equitable if contributions pursuant to this paragraph
were determined by pro rata allocation (even if all of the sellers of such Restricted Stock were treated as one entity for such purpose) or by any other method of allocation which did not take account of the equitable considerations
referred to above in this paragraph. The 

  

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amount paid or payable by an indemnified party as a result of the losses, claims, damages, liabilities or action in respect thereof, referred to above in
this paragraph, shall be deemed to include any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim. Notwithstanding the provisions of this paragraph, the
sellers of such Restricted Stock shall not be required to contribute any amount in excess of the amount, if any, by which the total price at which the Common Stock sold by each of them was offered to the public exceeds the amount of any damages
which they would have otherwise been required to pay by reason of such untrue statement or omission. No person guilty of fraudulent misrepresentations (within the meaning of Section 11(f) of the Securities Act), shall be entitled to contribution
from any person who is not guilty of such fraudulent misrepresentation. 
  
 The indemnification of underwriters provided for in this Section 7 shall be on such other terms and conditions as are at the time customary and reasonably required by such underwriters. In that event the indemnification of the sellers of
Restricted Stock in such underwriting shall at the sellers’ request be modified to conform to such terms and conditions. 
  
 9. Changes in Common Stock. If, and as often as, there are any changes in the Common Stock by way of stock split, stock dividend, combination or
reclassification, or through merger, consolidation, reorganization or recapitalization, or by any other means, appropriate adjustment shall be made in the provisions hereof, as may be required, so that the rights and privileges granted hereby shall
continue with respect to the Common Stock as so changed. 
  
 10.
Representations and Warranties of the Company. The Company represents and warrants to you as follows: 
  
 (a) The execution, delivery and performance of this Agreement by the Company have been duly authorized by all requisite corporate action and will not
violate any provision of law, any order of any court or other agency of government, the Certificate of Incorporation as amended or By-laws as amended of the Company, or any provision of any indenture, agreement or other instrument to which it or any
of its properties or assets is bound, or conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under any such indenture, agreement or other instrument, or result in the creation or imposition of any
lien, charge or encumbrance of any nature whatsoever upon any of the properties or assets of the Company. 
  
 (b) This Agreement has been duly executed and delivered by the Company and constitutes the legal, valid and binding obligation of the Company, enforceable
in accordance with its terms, subject to considerations of public policy in the case of the indemnification provisions hereof. 
  
 11. Rule 144 Reporting. The Company agrees with you as follows: 
  
 (a) The Company shall make and keep public information available, as those terms are understood and defined in Rule 144
under the Securities Act, at all times from and after the date it is first required to do so. 
  

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 (b) The Company shall file with the Commission in a timely manner all reports and other documents as the
Commission may prescribe under Section 13(a) or 15(d) of the Exchange Act at any time after the Company has become subject to such reporting requirements of the Exchange Act. 
  
 (c) The Company shall furnish to such holder of Restricted Stock forthwith upon request (i) a written statement by the
Company as to its compliance with the reporting requirements of Rule 144 (at any time from and after the date it first becomes subject to such reporting requirements, and of the Securities Act and the Exchange Act (at any time after it has become
subject to such reporting requirements), (ii) a copy of the most recent annual or quarterly report of the Company, and (iii) such other reports and documents so filed as a holder may reasonably request to avail itself of any rule or regulation of
the Commission allowing a holder of Restricted Stock to sell any such securities without registration. 
  
 12. Additional Covenant. 
  
 The Company shall only be permitted to grant to any securityholder registration rights pursuant to this Agreement or any other agreement which rank
subordinate to those registration rights granted to the holders of its Series 1 Preferred Stock. 
  

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 13. Miscellaneous. 
  
 (a) All covenants and agreements contained in this Agreement by or on behalf of any of the parties hereto shall bind and
inure to the benefit of the respective successors and assigns of the parties hereto whether so expressed or not. Without limiting the generality of the foregoing, the registration rights conferred herein on the holders of Restricted Stock shall
inure to the benefit of any and all subsequent holders from time to time of the Restricted Stock. 
  
 (b) All notices, requests, consents and other communications hereunder shall be in writing and shall be mailed by first class registered mail, postage
prepaid, addressed as follows: 
  
 if to the Company, to such
address as may hereafter be designated in writing by the Company; 
  
 if to any of the Shareholders, to him or it at his or its address listed in the Company’s records; 
  
 if to any subsequent holder of Restricted Stock, to it at such address as may have been furnished to the Company in writing by such holder; 
  
 or, in any case, at such other address or addresses as shall have been
furnished in writing to the Company (in the case of a holder of Restricted Stock) or to the holders of Restricted Stock (in the case of the Company). 
  
 (c) This Agreement shall be governed by and construed in accordance with the laws of the State of New York, without giving effect to any choice of law
provision that would cause the laws of any jurisdiction other than the State of New York to apply. 
  
 (d) Upon consummation of the Merger, the Existing Registration Rights Agreement shall terminate in its entirety and this Agreement shall replace and
supercede in its entirety the Existing Registration Rights Agreement. 
  
 (e) Each of the Shareholders agrees that during the term of this Agreement such Shareholder will take such reasonable actions as may be necessary to effect the purposes of this Agreement. The Company agrees to execute and deliver any
further instruments or documents and to take all such further action necessary to cause its successor in the Merger to assume its rights and obligations under this Agreement. 
  
 (f) This Agreement constitutes the entire agreement of the parties with respect to the subject matter hereof and may not be
modified or amended except in writing signed by the Company and the holders of not less than 60% of the Restricted Stock then outstanding; provided that any such amendment which would adversely affect the rights of any holder(s) of Restricted Stock
must also be approved in writing by holder(s) who would be so adversely affected. 
  

 - 12 - 

 (g) This Agreement may be executed in two or more counter parts, each of which shall be deemed an
original, but all of which together shall constitute one and the same instrument. 
  

 - 13 - 

 Please indicate your acceptance of the foregoing by signing and returning the enclosed counterpart of
this Agreement, whereupon this Agreement shall be a binding agreement between the Company and you. 
  

					
	 Very truly yours,

	
	 ILINK HOLDINGS CORP.

		
	By:	 	/s/    HABIB KAIROUZ
	 	 	 Name:
	 	Habib Kairouz
	 	 	 Title:
	 	President

  

					
	 AGREED TO AND ACCEPTED
 as of the date first above written:

	
	RHO VENTURES IV, L.P.
		
	 By:
	 	 Rho Management Ventures IV, L.L.C.,
 General Partner

		
	By:	 	/s/    MARK
LESCHLY        
	 Name
	 	 	 	Mark Leschly
	 Title:
	 	 	 	Managing Partner

  

					
	
	RHO VENTURES IV GmbH & CO. BETEILIGUNGS KG
		
	 By:
	 	 Rho Capital Partners Verwaltungs GmbH,
 General Partner

		
	By:	 	/s/    MARK
LESCHLY        
	 Name
	 	 	 	Mark Leschly
	 Title:
	 	 	 	Managing Partner

  

					
	
	RHO VENTURES IV (QP), L.P.
		
	 By:
	 	 Rho Management Ventures IV, L.L.C.,
 General Partner

		
	By:	 	/s/    MARK
LESCHLY        
	 Name
	 	 	 	Mark Leschly
	 Title:
	 	 	 	Managing Partner

  

 Signature Page to 
 Registration Rights Agreement 

 Please indicate your acceptance of the foregoing by signing and returning the enclosed counterpart of
this Agreement, whereupon this Agreement shall be a binding agreement between the Company and you. 
  

					
	 Very truly yours,

	
	 ILINK HOLDINGS CORP.

		
	By:	 	 
	 	 	 Name:
	 	 
	 	 	 Title:
	 	 

  

					
	 AGREED TO AND ACCEPTED
 as of the date first above written:

	
	LAGO VENTURES FUND ONE LIMITED
		
	By:	 	/s/    DAPHNE
DELANEY        
	 Name:
	 	 	 	Daphne Delaney
	 Title:
	 	 	 	Director

  

 Signature Page to 
 Registration Rights Agreement 

					
	RHO MANAGEMENT TRUST I
		
	By:	 	 Rho Capital Partners, Inc.,
 as Investment Advisor

		
	By:	 	/s/    MARK
LESCHLY        
	 Name:
	 	 	 	Mark Leschly
	 Title:
	 	 	 	Managing Partner
	
	SOROS PRIVATE EQUITY INVESTORS, LP
		
	By:	 	/s/    JOHN F.
BROWN        
	 Name:
	 	 	 	John F. Brown
	 Title:
	 	 	 	Attorney-in-Fact
	
	REUTERS HOLDINGS SWITZERLAND S.A.
		
	By:	 	/s/    ERIC
LINT        
	 Name:
	 	 	 	Eric Lint
	 Title:
	 	 	 	Attorney in Fact
	
	EUCLID PARTNERS IV, L.P.
	EUCLID Associates IV, L.P.
		
	 By:
	 	/s/    MILTON J.
PAPPAS        
	 Name:
	 	 	 	Milton J. Pappas
	 Title:
	 	 	 	General Partner
	
	ATWILL HOLDINGS LIMITED
		
	By:	 	/s/    ABDELELAH S. BIN
MAHFOUZ        
	 Name:
	 	 	 	Abdelelah S. Bin Mahfouz
	 Title:
	 	 	 	Director

  

					
	EUCLIDSR ASSOCIATES, L.P.
		
	By:	 	/s/    MILTON J.
PAPPAS        
	 	 	 Name:
	 	Milton J. Pappas
	 	 	 Title:
	 	General Partner

  

					
	 	  	- 16 -	  	 Signature Page to
 Registration Rights Agreement

					
	LAGO VENTURES FUND ONE LIMITED
		
	By:	 	/s/    DAPHNE
DECANEY        
	 	 	 Name:
	 	Daphne Decaney
	 	 	 Title:
	 	Director

  

					
	CANAAN EQUITY II L.P. (QP)
	 By:
	 	 Canaan Equity Partners II LLC

		
	By:	 	/s/    JAMES C.
FURNIVALL        
	 Name:
	 	 	 	James C. Furnivall
	 Title:
	 	 	 	Member / Manager
	
	CANAAN EQUITY II L.P.
	 By:
	 	 Canaan Equity Partners II LLC

		
	By:	 	/s/    JAMES C.
FURNIVALL        
	 Name:
	 	 	 	James C. Furnivall
	 Title:
	 	 	 	Member / Manager
	
	CANAAN EQUITY II ENTREPRENEURS LLC
	 By:
	 	Canaan Equity Partners II LLC
		
	 By:
	 	/s/    JAMES C.
FURNIVALL        
	 Name:
	 	 	 	James C. Furnivall
	 Title:
	 	 	 	Manager
	
	James Frunivall
	
	/s/    JAMES
FURNIVALL        
	
	Gregory Kopchinsky
	
	/s/    GREGORY
KOPCHINSKY        

  

					
	 	  	- 17 -	  	 Signature Page to
 Registration Rights Agreement

					
	Deepak Kamra
	
	/s/    DEEPAK
KAMRA        
	
	Guy Russo
	
	/s/    GUY
RUSSO        
	
	Wael Alsagar
	
	/s/    WAEL
ALSAGAR        
	
	NEW YORK SMALL BUSINESS VENTURE FUND LLC
		
	By:	 	/s/    KATHRYN S.
WYLDE        
	 Name:
	 	 	 	Kathryn S. Wylde
	 Title:
	 	 	 	President
	
	APA EXCELSIOR V PARTNERS, L.P.
	By:	 	 APA Excelsior V Partners, L.P., its General Partner

	By:	 	 Apax Managers, Inc., its General Partner

		
	By:	 	/s/    GREG
CASE        
	 Name:
	 	 	 	Greg Case
	 Title:
	 	 	 	Vice President
	
	P/A FUND III, L.P.
	By:	 	 APA Pennsylvania Partners III, L.P.

	By:	 	 Apax Managers, Inc., its General Partners

		
	By:	 	/s/    GREG
CASE        
	 Name:
	 	 	 	Greg Case
	 Title:
	 	 	 	Vice President

  

					
	 	  	- 18 -	  	 Signature Page to
 Registration Rights Agreement

					
	PATRICOF PRIVATE INVESTMENT CLUB II, L.P.
	By:	 	 APA Excelsior V Partners, L.P., its General Partner

	By:	 	 Apax Managers, Inc., its General Partner

		
	By:	 	/s/    GREG
CASE        
	 Name:
	 	 	 	Greg Case
	 Title:
	 	 	 	Vice President
	
	HEWM INVESTORS LLC – FUND VI
		
	By:	 	/s/    PETER J.
PATTERSON        
	 Name:
	 	 	 	Peter J. Patterson
	 Title:
	 	 	 	Fund Administrator
	
	W&C PARTNERS
		
	By:	 	/s/    ROBERT H.
WERBEL        
	 Name:
	 	 	 	Robert H. Werbel
	 Title:
	 	 	 	Partner
	
	Patrick Wack
	
	/s/    PATRICK
WACK        
	
	Arthur B. Sculley
	
	/s/    ARTHUR B.
SCULLEY        
	
	John Sculley
	
	/s/    JOHN
SCULLEY        
	John Sculley

  

					
	 	  	- 19 -	  	 Signature Page to
 Registration Rights Agreement

					
	JOHN SCULLEY IRREVOCABLE TRUST F/B/O M. ALLNATT
		
	By:	 	/s/    JOHN
SCULLEY        
	 Name:
	 	John Sculley
	 Title:
	 	 
	
	Arthur B. Sculley, Jr.
	
	/s/    ARTHUR B. SCULLEY,
POA        
	
	SCULLEY FAMILY TRUST
		
	By:	 	/s/    DAVID W.
SCULLEY        
	 Name:
	 	David W. Sculley
	 Title:
	 	Trustee
	
	SCULLEY INVESTMENT LTD. PARTNERSHIP
		
	By:	 	/s/    JOHN
SCULLEY        
	 Name:
	 	John Sculley
	 Title:
	 	 
	
	THERESA SCULLEY
	
	/S/    THERESA
SCULLEY        
	
	Joshua Angel, IRA
	
	/s/    JOSHUA
ANGEL        
	
	Rita Angel, IRA
	
	/s/    RITA
ANGEL        

  

					
	 	  	- 20 -	  	 Signature Page to
 Registration Rights Agreement

	
	Robert L. Lerner
	
	/s/    ROBERT L. LERNER        

  

					
	JOHNSON & JOHNSON DEVELOPMENT CORPORATION
		
	By:	 	/s/    DAVID
PIACQUAD        
	 Name:
	 	David Piacquad
	 Title:
	 	VP, Business Development
	
	SOLAR GROUP S.A.
		
	By:	 	/s/    JAMES J.
TODD        
	 Name:
	 	James J. Todd
	 Title:
	 	Assistant Secretary to Solar Group
	
	PIERRE S. DU PONT, V
	
	/s/    PIERRE S. DU PONT,
V        
	
	IRREVOCABLE GENERATION SKIPPING TRUST between PIERRE S. DU PONT, V, as Trustor, and PIERRE S. DU PONT, IV, as Trustee, dated March 18, 1998
		
	By:	 	/s/    PIERRE S. DU PONT,
V        
	 Name:
	 	Pierre S. Du Pont, V
	 Title:
	 	Trustee
	
	BENJAMIN DU PONT
	
	/s/    BENJAMIN DU
PONT        
	
	POMEROY INVESTMENTS LLC
		
	By:	 	/s/    DARLA
POMEROY        
	 Name:
	 	Darla Pomeroy
	 Title:
	 	Manager

  

					
	 	  	- 21 -	  	 Signature Page to
 Registration Rights Agreement

	
	SUSANNE ELLIOT
	
	/s/    SUSANNE ELLIOT        

  

					
	 	  	- 22 -	  	 Signature Page to
 Registration Rights Agreement2004 Stock Option Plan

 Exhibit 10.1 
  
 INTRALINKS, INC. 
  
 2004 STOCK OPTION PLAN 
 (as amended
March 1, 2005) 
  
 1. Purposes of the
Plan. The purposes of this 2004 Stock Option Plan are to attract and retain the best available personnel for positions of substantial responsibility, to provide additional incentive to Employees and Consultants and to promote the
success of the Company’s business. Options granted under the Plan may be Incentive Stock Options or Nonstatutory Stock Options, as determined by the Administrator at the time of grant of an option and subject to the applicable provisions of
Section 422 of the Code and the regulations and interpretations promulgated thereunder. Stock purchase rights may also be granted under the Plan. 
  
 2. Definitions. As used herein, the following definitions shall apply: 
  
 (a) “Administrator” means the Board or its Committee appointed pursuant to Section 4
of the Plan. 
  
 (b)
“Affiliate” means an entity other than a Subsidiary (as defined below) which, together with the Company, is under common control of a third person or entity. 
  
 (c) “Applicable Laws” means the legal requirements relating to the administration of
stock option and restricted stock purchase plans, including under applicable U.S. state corporate laws, U.S. federal and applicable state securities laws, other U.S. federal and state laws, the Code, any Stock Exchange rules or regulations and the
applicable laws, rules and regulations of any other country or jurisdiction where Options or Stock Purchase Rights are granted under the Plan, as such laws, rules, regulations and requirements shall be in place from time to time. 
  
 (d) “Board” means the Board of
Directors of the Company. 
  
 (e)
“Cause” for termination of a Participant’s Continuous Service Status will exist if the Participant is terminated by the Company for any of the following reasons: (i) Participant’s willful failure substantially to
perform his or her duties (including voluntary cessation of employment) and responsibilities to the Company or deliberate violation of a material Company policy; (ii) Participant’s commission of any act of fraud, embezzlement, dishonesty or any
other willful misconduct that has caused or is reasonably expected to result in material injury to the Company; (iii) unauthorized use or disclosure by Participant of any proprietary information or trade secrets of the Company or any other party to
whom the Participant owes an obligation of nondisclosure as a result of his or her relationship with the Company; or (iv) Participant’s willful breach of any of his or her obligations under any written agreement or covenant with the Company.
The determination as to whether a Participant is being terminated for Cause shall be made in good faith by the Company and shall be final and binding on the Participant. The foregoing definition does not in any way limit the Company’s ability
to terminate a Participant’s employment or consulting relationship at any time as provided in Section 5(d) below, and the term “Company” will be interpreted to include any Subsidiary, Parent or Affiliate, as appropriate. 

 
 (f) “Change of Control” means (1)
a sale of all or substantially all of the Company’s assets, or (2) any merger, consolidation or other business combination transaction of the Company with or into another corporation, entity or person, other than a transaction in which the
holders of at least a majority of the shares of voting capital stock of the Company outstanding immediately prior to such transaction continue to hold (either by such shares remaining outstanding or by their being converted into shares of voting
capital stock of the surviving entity) a majority of the total voting power represented by the shares of voting capital stock of the Company (or the surviving entity) outstanding immediately after such transaction, or (3) the direct or indirect
acquisition (including by way of a tender or exchange offer) by any person, or persons acting as a group, of beneficial ownership or a right to acquire beneficial ownership of shares representing a majority of the voting power of the then
outstanding shares of capital stock of the Company. 
  
 (g) “Code” means the Internal Revenue Code of 1986, as amended. 
  
 (h) “Committee” means one or more committees or subcommittees of the Board appointed by the Board to administer
the Plan in accordance with Section 4 below. 
  
 (i) “Common Stock” means the common stock, par value $0.01 per share, of the Company. 
  
 (j) “Company” means IntraLinks, Inc., a Delaware corporation. 
  

 (k) “Consultant” means any person, including an advisor, who is
engaged by the Company or any Parent, Subsidiary or Affiliate to render services and is compensated for such services, and any Director whether compensated for such services or not. 
  
 (l) “Continuous Service Status” means the absence of any interruption or termination
of service as an Employee or Consultant. Continuous Service Status as an Employee or Consultant shall not be considered interrupted in the case of: (i) sick leave; (ii) military leave; (iii) any other leave of absence approved by the Administrator,
provided that such leave is for a period of not more than ninety (90) days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise pursuant to Company policy adopted from time to
time; or (iv) in the case of transfers between locations of the Company or between the Company, its Parents, Subsidiaries, Affiliates or their respective successors. A change in status from an Employee to a Consultant or from a Consultant to an
Employee will not constitute an interruption of Continuous Service Status. 
  
 (m) “Corporate Transaction” means a sale of all or substantially all of the Company’s assets, or a merger, consolidation or other capital reorganization or business combination transaction
of the Company with or into another corporation, entity or person, or the direct or indirect acquisition (including by way of a tender or exchange offer) by any person, or persons acting as a group, of beneficial ownership or a right to acquire
beneficial ownership of shares representing a majority of the voting power of the then outstanding shares of capital stock of the Company. 
  
 (n) “Director” means a member of the Board. 
  
 (o) “Employee” means any person employed by the Company or any Parent, Subsidiary or
Affiliate, with the status of employment determined based upon such factors as are deemed appropriate by the Administrator in its discretion, subject to any requirements of the Code or the Applicable Laws. The payment by the Company of a
director’s fee to a Director shall not be sufficient to constitute “employment” of such Director by the Company. 
  
 (p) “Exchange Act” means the Securities Exchange Act of 1934, as amended. 
  
 (q) “Fair Market Value” means, as of
any date, the fair market value of the Common Stock, as determined by the Administrator in good faith on such basis as it deems appropriate and applied consistently with respect to Participants. Whenever possible, the determination of Fair Market
Value shall be based upon the closing price for the Shares as reported in the Wall Street Journal for the applicable date. The determination of Fair Market Value by the Administrator shall be final and conclusive. 
  
 (r) “Immediate Family” means any
child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law (including adoptive relationships), a trust in
which these persons have more than fifty percent of the beneficial interest, a foundation in which these persons (or the Optionee) control the management of assets, and any other entity in which these persons (or the Optionee) own more than fifty
percent of the voting interests. 
  
 (s)
“Incentive Stock Option” means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code, as designated in the applicable Option Agreement. 
  
 (t) “Listed Security” means any
security of the Company that is listed or approved for listing on a national securities exchange or designated or approved for designation as a national market system security on an interdealer quotation system by the National Association of
Securities Dealers, Inc. 
  
 (u)
“Named Executive” means any individual who, on the last day of the Company’s fiscal year, is the chief executive officer of the Company (or is acting in such capacity) or among the four most highly compensated officers
of the Company (other than the chief executive officer). Such officer status shall be determined pursuant to the executive compensation disclosure rules under the Exchange Act. 
  
 (v) “Nonstatutory Stock Option” means an Option not intended to qualify as an
Incentive Stock Option, as designated in the applicable Option Agreement. 
  
 (w) “Option” means a stock option granted pursuant to the Plan. 
  
 (x) “Option Agreement” means a written document, the form(s) of which shall be approved from time to time by the
Administrator, reflecting the terms of an Option granted under the Plan and includes any documents attached to or incorporated into such Option Agreement, including, but not limited to, a notice of stock option grant and a form of exercise notice.

  

 2 

 (y) “Option Exchange Program” means a program approved by the
Administrator whereby outstanding Options are exchanged for Options with a lower exercise price or are amended to decrease the exercise price as a result of a decline in the Fair Market Value of the Common Stock. 
  
 (z) “Option Price” means the
original purchase price per share upon exercise of an Option. 
  
 (aa) “Option Shares” means Shares covered by an outstanding Option or purchased under an Option. 
  
 (bb) “Optioned Stock” means the Common Stock subject to an Option. 
  
 (cc) “Optionee” means an Employee or
Consultant who receives an Option. 
  
 (dd)
“Parent” means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code, or any successor provision. 
  
 (ee) “Participant” means any holder of one or more Options or Stock Purchase Rights,
or the Shares issuable or issued upon exercise of such awards, under the Plan. 
  
 (ff) “Plan” means this 2004 Stock Option Plan. 
  
 (gg) “Reporting Person” means an officer, Director, or greater than ten percent
stockholder of the Company within the meaning of Rule 16a-2 under the Exchange Act, who is required to file reports pursuant to Rule 16a-3 under the Exchange Act. 
  
 (hh) “Restricted Stock” means Shares of Common Stock acquired pursuant to a grant of
a Stock Purchase Right under Section 10 below. 
  
 (ii) “Reverse Vesting” means that an Option is or was fully exercisable but that, subject to a “reverse” vesting schedule, the Company has a right to repurchase the Option Shares as specified in Section
14(a), with the Company’s right of repurchase expiring in accordance with a “forward” vesting schedule that would otherwise have applied to the Option under which the Option Shares were purchased or in accordance with some other
vesting schedule described in the Option Agreement. 
  
 (jj) “Restricted Stock Purchase Agreement” means a written document, the form(s) of which shall be approved from time to time by the Administrator, reflecting the terms of a Stock Purchase Right granted under the
Plan and includes any documents attached to such agreement. 
  
 (kk) “Rule 16b-3” means Rule 16b-3 promulgated under the Exchange Act, as amended from time to time, or any successor provision. 
  
 (ll) “Securities Act” means the Securities Act of 1933, as amended. 
  
 (mm) “Share” means a share of the
Common Stock, par value $0.01, as adjusted in accordance with Section 13 of the Plan. 
  
 (nn) “Stock Exchange” means any stock exchange or consolidated stock price reporting system on which prices for
the Common Stock are quoted at any given time. 
  
 (oo) “Stock Purchase Right” means the right to purchase Common Stock pursuant to Section 10 below. 
  
 (pp) “Subsidiary” means a “subsidiary corporation,” whether now or hereafter existing, as defined in
Section 424(f) of the Code, or any successor provision. 
  
 (qq) “Substitute Option” means an Option granted in substitution for, or upon the conversion of, an option granted by another entity to purchase equity securities in the granting entity.

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

 3 

 3. Stock Subject to the Plan. Subject to the provisions of Section 13 of the Plan, the
maximum aggregate number of Shares that may be sold under the Plan is 23,750,290 Shares of Common Stock. The Shares may be authorized, but unissued, or reacquired Common Stock. When an Option or Stock Purchase Right is granted, the maximum number of
Shares that may be issued under this Plan shall be reduced by the number of Shares covered by that Option or Stock Purchase Right. If an award should expire or become unexercisable for any reason without having been exercised in full, or is
surrendered pursuant to an Option Exchange Program, the unpurchased Shares that were subject thereto shall, unless the Plan shall have been terminated, become available for future grant under the Plan. In addition, any Shares of Common Stock which
are retained by the Company upon exercise of an award in order to satisfy the exercise or purchase price for such award or any withholding taxes due with respect to such exercise or purchase shall be treated as not issued and shall continue to be
available under the Plan. Shares issued under the Plan and later repurchased by the Company pursuant to any repurchase right which the Company may have shall be available for future grant under the Plan. 
  
 4. Administration of the Plan. 
  
 (a) General. The Plan shall be
administered by the Board or a Committee, or a combination thereof, as determined by the Board. The Plan may be administered by different administrative bodies with respect to different classes of Participants and, if permitted by the Applicable
Laws, the Board may authorize one or more officers to make awards under the Plan. 
  
 (b) Committee Composition. If a Committee has been appointed pursuant to this Section 4, such Committee shall continue to
serve in its designated capacity until otherwise directed by the Board. From time to time the Board may increase the size of any Committee and appoint additional members thereof, remove members (with or without cause) and appoint new members in
substitution therefor, fill vacancies (however caused) and remove all members of a Committee and thereafter directly administer the Plan, all to the extent permitted by the Applicable Laws and, in the case of a Committee administering the Plan in
accordance with the requirements of Rule 16b-3 or Section 162(m) of the Code, to the extent permitted or required by such provisions. The Committee shall in all events conform to any requirements of the Applicable Laws. 
  
 (c) Powers of the Administrator. Subject to
the provisions of the Plan, including, but not limited to, Section 16(b) below, and in the case of a Committee, the specific duties delegated by the Board to such Committee, the Administrator shall have the authority, in its discretion: 

 
 (i) to grant Options and Stock Purchase Rights, including
Substitute Options; 
  
 (ii) to determine the
Fair Market Value of the Common Stock, in accordance with Section 2(q) of the Plan, provided that such determination shall be applied consistently with respect to Participants under the Plan; 
  
 (iii) to determine the Option Price of Options; 

 
 (iv) to select the Employees and Consultants to whom
Options or Stock Purchase Rights may from time to time be granted; 
  
 (v) to determine whether and to what extent Options or Stock Purchase Rights are granted; 
  
 (vi) to determine the number of Shares of Common Stock to be covered by each award granted; 
  
 (vii) to determine the form of any Option Agreement or other
document related to this Plan, and whether that document, including signatures, may be in electronic form; 
  
 (viiii) to determine the other terms of each Option, including but not limited to the time or times at which Options may be exercised,
whether and under what conditions an Option is assignable, and whether an Option is a Nonstatutory Option or an Incentive Stock Option; 
  
 (ix) to determine the terms and conditions, not inconsistent with the terms of the Plan, of any award granted hereunder, which terms and
conditions include but are not limited to the exercise or purchase price, the time or times when awards may be exercised (which may be based on performance criteria), any vesting acceleration or waiver of forfeiture restrictions, any pro rata
adjustment to vesting as a result of a Participant’s transitioning from full- to part-time service (or vice versa), and any restriction or limitation regarding any Option, Optioned Stock, Stock Purchase Right or Restricted Stock, based in each
case on such factors as the Administrator, in its sole discretion, shall determine, so long as it does not have a material adverse effect on existing holders; 
  

 4 

 (x) to determine whether and under what circumstances an Option may be settled in cash
under Section 9(c) instead of Common Stock; 
  
 (xi) to implement an Option Exchange Program on such terms and conditions as the Administrator in its discretion deems appropriate, provided that no amendment or adjustment to an Option that would materially and adversely affect the rights
of any Optionee shall be made without the prior written consent of the Optionee; 
  
 (xii) to adjust the vesting of an Option held by an Employee or Consultant, subject to Section 16(b) below, as a result of a change in the
terms or conditions under which such person is providing services to the Company; 
  
 (xiii) to construe and interpret the terms of the Plan and awards granted under the Plan, which constructions, interpretations and
decisions shall be final and binding on all Participants; and 
  
 (xiv) in order to fulfill the purposes of the Plan and without amending the Plan, to modify grants of Options to Participants who are foreign nationals or employed outside of the United States in order to recognize
differences in local law, tax policies or customs; 
  
 (xv) to modify or amend any Option, subject to Section 16(b) below; 
  
 (xvi) to authorize any person to sign any Option Agreement, Restricted Stock Purchase Agreements or other document related to this Plan on behalf of the Company; 
  
 (xvii) to correct any defect, remedy any omission, or
reconcile any inconsistency in this Plan, any Option Agreement, any Restricted Stock Purchase Agreement or any other document related to this Plan; 
  
 (xviii) to adopt, amend, and revoke rules and regulations under this Plan, including rules and regulations relating to sub-plans and Plan
addenda; 
  
 (xix) to adopt, amend and revoke
special rules and procedures, which may be inconsistent with the terms of this Plan, set forth (if the Administrator so chooses) in sub-plans regarding (for example) the operation and administration of this Plan and the terms of Options, if and to
the extent necessary or useful to accommodate non-U.S. Applicable Laws and practices as they apply to Options and Option Shares held by, or granted or issued to, persons working or resident outside of the United States or employed by Affiliates
incorporated outside the United States; 
  
 (xx)
to determine whether a transaction or event should be treated as a Change of Control within the meaning of the definition above; and 
  
 (xxi) to make all other determinations the Administrator deems necessary or advisable for the administration of this Plan. 
  
 5. Eligibility. 
  
 (a) Recipients of Grants. Nonstatutory Stock
Options and Stock Purchase Rights may be granted to Employees and Consultants. Incentive Stock Options may be granted only to Employees. 
  
 (b) Type of Option. Each Option shall be designated in the Option Agreement as either an Incentive Stock Option or a
Nonstatutory Stock Option. 
  
 (c) ISO
$100,000 Limitation. Notwithstanding any designation under Section 5(b), to the extent that the aggregate Fair Market Value of Shares with respect to which Options designated as Incentive Stock Options are exercisable for the first time by
any Optionee during any calendar year (under all plans of the Company or any Parent or Subsidiary) exceeds $100,000, such excess Options shall be treated as Nonstatutory Stock Options. For purposes of this Section 5(c), Incentive Stock Options shall
be taken into account in the order in which they were granted, and the Fair Market Value of the Shares subject to an Incentive Stock Option shall be determined as of the date of the grant of such Option. 
  
 (d) No Employment Rights. The Plan shall not
confer upon any Participant any right with respect to continuation of an employment or consulting relationship with the Company, nor shall it interfere in any way with such Participant’s right or the Company’s right to terminate the
employment or consulting relationship at any time, for any reason. 
  

 5 

 6. Term of Plan. The Plan shall become effective upon its adoption by the Board of
Directors. It shall continue in effect for a term of ten (10) years unless sooner terminated under Section 16 of the Plan. 
  
 7. Term of Option. The term of each Option shall be the term stated in the Option Agreement; provided that the term shall be no more
than ten years from the date of grant thereof or such shorter term as may be provided in the Option Agreement and provided further that, in the case of an Incentive Stock Option granted to a person who at the time of such grant is a Ten Percent ,
Holder, the term of the Option shall be five years from the date of grant thereof or such shorter term as may be provided in the Option Agreement. 
  
 8. Option Exercise Price and Consideration. 
  

(a) Exercise Price. The per Share exercise price for the Shares to be issued pursuant to exercise of an Option
shall be such price as is determined by the Administrator and set forth in the Option Agreement, but shall be subject to the following: 
  
 (i) In the case of an Incentive Stock Option 
  
 (A) granted to an Employee who at the time of grant is a Ten Percent Holder, the per Share exercise price shall be no less than 110% of
the Fair Market Value per Share on the date of grant; or 
  
 (B) granted to any other Employee, the per Share exercise price shall be no less than 100% of the Fair Market Value per Share on the date of grant. 
  
 (ii) In the case of a Nonstatutory Stock Option 
  
 (A) granted on any date on which the Common Stock is not a
Listed Security to any eligible person, the per Share exercise price shall be no less than 85% of the Fair Market Value per Share on the date of grant if required by the Applicable Laws and, if not so required, shall be such price as is determined
by the Administrator; or 
  
 (B) granted on any
date on which the Common Stock is a Listed Security to any eligible person, the per share Exercise Price shall be such price as determined by the Administrator provided that if such eligible person is, at the time of the grant of such Option, a
Named Executive of the Company, the per share Exercise Price shall be no less than 100% of the Fair Market Value on the date of grant if such Option is intended to qualify as performance-based compensation under Section 162(m) of the Code.

  
 (iii) Notwithstanding the foregoing, Options
may be granted with a per Share exercise price other than as required above pursuant to a merger or other corporate transaction. 
  
 (b) Permissible Consideration. The consideration to be paid for the Shares to be issued upon exercise of an Option,
including the method of payment, shall be determined by the Administrator (and, in the case of an Incentive Stock Option, shall be determined at the time of grant) and may consist entirely of (1) cash; (2) check; (3) subject to any requirements of
the Applicable Laws (including without limitation Section 153 of the Delaware General Corporation Law), delivery of Optionee’s promissory note having such recourse, interest, security and redemption provisions as the Administrator determines to
be appropriate after taking into account the potential accounting consequences of permitting an Optionee to deliver a promissory note; (4) cancellation of indebtedness; (5) other Shares that have a Fair Market Value on the date of surrender equal to
the aggregate exercise price of the Shares as to which the Option is exercised, provided that in the case of Shares acquired, directly or indirectly, from the Company, such Shares must have been owned by the Optionee for more than six months on the
date of surrender (or such other period as may be required to avoid the Company’s incurring an adverse accounting charge); (6) if, as of the date of exercise of an Option the Company then is permitting employees to engage in a “same-day
sale” cashless brokered exercise program involving one or more brokers, through such a program that complies with the Applicable Laws (including without limitation the requirements of Regulation T and other applicable regulations promulgated by
the Federal Reserve Board) and that ensures prompt delivery to the Company of the amount required to pay the exercise price and any applicable withholding taxes; or (7) any combination of the foregoing methods of payment. In making its determination
as to the type of consideration to accept, the Administrator shall consider if acceptance of such consideration may be reasonably expected to benefit the Company and the Administrator may, in its sole discretion, refuse to accept a particular form
of consideration at the time of any Option exercise. 
  

 6 

 9. Exercise of Option. 
  
 (a) General. 
  
 (i) Exercisability. Any Option granted hereunder shall be exercisable at such times and under
such conditions as determined by the Administrator, consistent with the term of the Plan and reflected in the Option Agreement, including vesting requirements and/or performance criteria with respect to the Company and/or the Optionee. If so
provided in the Option Agreement, an Option may be exercisable subject to the application of Reverse Vesting to the Option Shares. 
  
 (ii) Leave of Absence. The Administrator shall have the discretion to determine whether and to what extent the vesting of
Options shall be tolled during any unpaid leave of absence, unless otherwise required by the Applicable Laws. 
  
 (iii) Minimum Exercise Requirements. An Option may not be exercised for a fraction of a Share. The Administrator may require
that an Option be exercised as to a minimum number of Shares, provided that such requirement shall not prevent an Optionee from exercising the full number of Shares as to which the Option is then exercisable. 
  
 (iv) Procedures for and Results of Exercise.
An Option shall be deemed exercised when written notice of such exercise has been given to the Company in accordance with the terms of the Option by the person entitled to exercise the Option and the Company has received full payment for the Shares
with respect to which the Option is exercised. Full payment may, as authorized by the Administrator, consist of any consideration and method of payment allowable under Section 8(b) of the Plan, provided that the Administrator may, in its sole
discretion, refuse to accept any form of consideration at the time of any Option exercise. 
  
 Exercise of an Option in any manner shall result in a decrease in the number of Shares that thereafter may be available, both for purposes of the Plan and for sale under the Option, by the number of Shares as to which
the Option is exercised. 
  
 (v) Rights as
Stockholder. Until the issuance of the Shares (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a
stockholder shall exist with respect to the Optioned Stock, notwithstanding the exercise of the Option. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except
as provided in Section 13 of the Plan. 
  
 (b)
Termination of Employment or Consulting Relationship. Except as otherwise set forth in this Section 9(b), the Administrator shall establish and set forth in the applicable Option Agreement the terms and conditions upon which an Option
shall remain exercisable, if at all, following termination of an Optionee’s Continuous Service Status, which provisions may be waived or modified by the Administrator at any time. Unless the Administrator otherwise provides in the Option
Agreement, to the extent that the Optionee is not vested in Optioned Stock at the date of termination of his or her Continuous Service Status, or if the Optionee (or other person entitled to exercise the Option) does not exercise the Option to the
extent so entitled within the time specified in the Option Agreement or below (as applicable), the Option shall terminate and the Optioned Stock underlying the unexercised portion of the Option shall revert to the Plan. In no event may any Option be
exercised after the expiration of the Option term as set forth in the Option Agreement (and subject to Section 7). 
  
 The following provisions (1) shall apply to the extent an Option Agreement does not specify the terms and conditions upon which an Option
shall terminate upon termination of an Optionee’s Continuous Service Status, and (2) establish the minimum post-termination exercise periods that may be set forth in an Option Agreement: 
  
 (i) Termination other than Upon Disability or Death or
for Cause. In the event of termination of Optionee’s Continuous Service Status other than under the circumstances set forth in subsections (ii) through (iv) below, such Optionee may exercise an Option for 30 days following such
termination to the extent the Optionee was vested in the Optioned Stock as of the date of such termination. No termination shall be deemed to occur and this Section 10(b)(i) shall not apply if (i) the Optionee is a Consultant who becomes an
Employee, or (ii) the Optionee is an Employee who becomes a Consultant. 
  
 (ii) Disability of Optionee. In the event of termination of an Optionee’s Continuous Service Status as a result of his or her disability (including a disability within the meaning of Section
22(e)(3) of the Code), such Optionee may exercise an Option at any time within six months following such termination to the extent the Optionee was vested in the Optioned Stock as of the date of such termination. 
  
 (iii) Death of Optionee. In the event of the
death of an Optionee during the period of Continuous Service Status since the date of grant of the Option, or within thirty days following termination of Optionee’s Continuous Service 

  

 7 

 
Status, the Option may be exercised by Optionee’s estate or by a person who acquired the right to exercise the Option by bequest or inheritance at any
time within twelve months following the date of death, but only to the extent the Optionee was vested in the Optioned Stock as of the date of death or, if earlier, the date the Optionee’s Continuous Service Status terminated. 
  
 (iv) Termination for Cause. In the event of
termination of an Optionee’s Continuous Service Status for Cause, any Option (including any exercisable portion thereof) held by such Optionee shall immediately terminate in its entirety upon first notification to the Optionee of termination of
the Optionee’s Continuous Service Status. If an Optionee’s employment or consulting relationship with the Company is suspended pending an investigation of whether the Optionee shall be terminated for Cause, all the Optionee’s rights
under any Option likewise shall be suspended during the investigation period and the Optionee shall have no right to exercise any Option. 
  
 (v) Reverse Vesting. Under any circumstances stated in this Section 9(b) in which all unvested Options of an Optionee
immediately vest, the Company’s repurchase rights shall lapse on all Option Shares held by that Optionee which are subject to Reverse Vesting. 
  
 (c) Buyout Provisions. The Administrator may at any time offer to buy out for a payment in cash or Shares an Option
previously granted under the Plan based on such terms and conditions as the Administrator shall establish and communicate to the Optionee at the time that such offer is made, subject to Section 16(b) below. 
  
 10. Stock Purchase Rights. 
  
 (a) Rights to Purchase. When the Administrator
determines that it will offer Stock Purchase Rights under the Plan, it shall advise the offeree in writing of the terms, conditions and restrictions related to the offer, including the number of Shares that such person shall be entitled to purchase,
the price to be paid, and the time within which such person must accept such offer. In the case of a Stock Purchase Right granted prior to the date, if any, on which the Common Stock becomes a Listed Security and if required by the Applicable Laws
at that time, the purchase price of Shares subject to such Stock Purchase Rights shall not be less than 85% of the Fair Market Value of the Shares as of the date of the offer, or, in the case of a Ten Percent Holder, the price shall not be less than
100% of the Fair Market Value of the Shares as of the date of the offer. If the Applicable Laws do not impose the requirements set forth in the preceding sentence and with respect to any Stock Purchase Rights granted after the date, if any, on which
the Common Stock becomes a Listed Security, the purchase price of Shares subject to Stock Purchase Rights shall be as determined by the Administrator. The offer to purchase Shares subject to Stock Purchase Rights shall be accepted by execution of a
Restricted Stock Purchase Agreement in the form determined by the Administrator. 
  
 (b) Repurchase Option. 
  
 (i) General. Unless the Administrator determines otherwise, the Restricted Stock Purchase Agreement shall grant the Company
a repurchase option exercisable upon the voluntary or involuntary termination of the participant’s service to the Company for any reason (including death or disability). Subject to any requirements of the Applicable Laws, the terms of the
Company’s repurchase option (including without limitation the price at which, and the consideration for which, it may be exercised, and the events upon which it shall lapse) shall be as determined by the Administrator in its sole discretion and
reflected in the Restricted Stock Purchase Agreement. 
  
 (ii) Leave of Absence. The Administrator shall have the discretion to determine whether and to what extent the lapsing of Company repurchase rights shall be tolled during any unpaid leave of absence or if the Participant has
been or is suspended; provided, however, that in the absence of such determination, such lapsing shall be tolled during any such unpaid leave (unless otherwise required by the Applicable Laws). 
  
 (c) Other Provisions. The Restricted Stock
Purchase Agreement shall contain such other terms, provisions and conditions not inconsistent with the Plan as may be determined by the Administrator in its sole discretion. In addition, the provisions of Restricted Stock Purchase Agreements need
not be the same with respect to each purchaser. 
  
 (d) Rights as a Stockholder. Until a Stock Purchase right is exercised, the Participant shall have no rights of a stockholder. Once the Stock Purchase Right is exercised, the purchaser shall have the rights equivalent to those
of a stockholder, and shall be a stockholder when his or her purchase is entered upon the records of the duly authorized transfer agent of the Company. No adjustment will be made for a dividend or other right for which the record date is prior to
the date the Stock Purchase Right is exercised, except as provided in Section 13 of the Plan. 
  

 8 

 11. Taxes. 
  
 (a) As a condition of the grant, vesting or exercise of an Option or Stock Purchase Right granted under the
Plan, the Participant (or in the case of the Participant’s death, the person exercising the Option or Stock Purchase Right) shall make such arrangements as the Administrator may require for the satisfaction of any applicable federal, state,
local or foreign withholding tax obligations that may arise in connection with such grant, vesting or exercise of the Option or the issuance of Shares. The Company shall not be required to issue any Shares under the Plan until such obligations are
satisfied. If the Administrator allows the withholding or surrender of Shares to satisfy a Participant’s tax withholding obligations under this Section 11 (whether pursuant to Section 10(c), (d) or (e), or otherwise), the Administrator shall
not allow Shares to be withheld in an amount that exceeds the minimum statutory withholding rates for federal and state tax purposes, including payroll taxes. 
  

(b) In the case of an Employee and in the absence of any other arrangement, the Employee shall be deemed to have directed the Company
to withhold or collect from his or her compensation an amount sufficient to satisfy such tax obligations from the next payroll payment otherwise payable after the date of an exercise of the Option or Stock Purchase Right. 
  
 (c) This Section 11 (c) shall apply only after the date, if
any, upon which the Common Stock becomes a Listed Security. In the case of Participant other than an Employee (or in the case of an Employee where the next payroll payment is not sufficient to satisfy such tax obligations, with respect to any
remaining tax obligations), in the absence of any other arrangement and to the extent permitted under the Applicable Laws, the Participant shall be deemed to have elected to have the Company withhold from the Shares to be issued upon exercise of the
Option or Stock Purchase Right that number of Shares having a Fair Market Value determined as of the applicable Tax Date (as defined below) equal to the amount required to be withheld. For purposes of this Section 11, the Fair Market Value of the
Shares to be withheld shall be determined on the date that the amount of tax to be withheld is to be determined under the Applicable Laws (the “Tax Date”). 
  
 (d) If permitted by the Administrator, in its discretion, a Participant may satisfy his or her tax
withholding obligations upon exercise of an Option or Stock Purchase Right by surrendering to the Company Shares that have a Fair Market Value determined as of the applicable Tax Date equal to the amount required to be withheld. In the case of
shares previously acquired from the Company that are surrendered under this Section 11(d), such Shares must have been owned by the Participant for more than six (6) months on the date of surrender (or such other period of time as is required for the
Company to avoid adverse accounting charges). 
  
 (e) Any election or deemed election by a Participant to have Shares withheld to satisfy tax withholding obligations under Section 11(c) or (d) above shall be irrevocable as to the particular Shares as to which the election is made and shall
be subject to the consent or disapproval of the Administrator. Any election by a Participant under Section 11(d) above must be made on or prior to the applicable Tax Date. 
  
 (f) In the event an election to have Shares withheld is made by a Participant and the Tax Date is deferred
under Section 83 of the Code because no election is filed under Section 83(b) of the Code, the Participant shall receive the full number of Shares with respect to which the Option or Stock Purchase Right is exercised but such Participant shall be
unconditionally obligated to tender back to the Company the proper number of Shares on the Tax Date. 
  
 12. Non-Transferability of Options and Stock Purchase Rights. 
  
 (a) General. Except as set forth in this Section 12, Options and Stock Purchase Rights may not
be sold, pledged, assigned, hypothecated, transferred or disposed of in any manner other than by will or by the laws of descent or distribution. The designation of a beneficiary by an Optionee will not constitute a transfer. An Option or Stock
Purchase Right may be exercised, during the lifetime of the holder of an Option or Stock Purchase Right, only by such holder or a transferee permitted by this Section 12. 
  
 (b) Limited Transferability Rights. Notwithstanding anything else in this Section 12, the
Administrator may in its discretion grant Nonstatutory Stock Options that may be transferred by instrument to an inter vivos or testamentary trust in which the Options are to be passed to beneficiaries upon the death of the trustor (settlor) or by
gift or pursuant to domestic relations orders to members of the Optionee’s Immediate Family. 
  
 13. Adjustments Upon Changes in Capitalization, Merger or Certain Other Transactions. 
  
 (a) Changes in Capitalization. Subject to any
action required under Applicable Laws by the stockholders of the Company and by Section 16(b) below, the number of Shares of Common Stock covered by each outstanding award, and the number of Shares of Common Stock that have been authorized for
issuance under the Plan but as to which no awards have yet been granted or that have been returned to the Plan upon cancellation or expiration of an award, as well as the price per Share of Common Stock covered by each such outstanding award, shall
be proportionately adjusted for any increase or decrease in the number of issued Shares of Common Stock resulting from a stock split, reverse stock split, stock dividend, combination, recapitalization (including, but 

  

 9 

 
not limited to, an increase in the aggregate liquidation preference of the Company’s preferred stock that is not in connection with a financing or
Corporate Transaction) or reclassification of the Common Stock, or any other increase or decrease in the number of issued Shares of Common Stock effected without receipt of consideration by the Company; provided, however, that conversion of any
convertible securities of the Company shall not be deemed to have been “effected without receipt of consideration.” Such adjustment shall be made by the Administrator, whose determination in that respect shall be final, binding and
conclusive. Except as expressly provided herein, no issuance by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect
to, the number or price of Shares of Common Stock subject to an award. 
  
 (b) Dissolution or Liquidation. In the event of the dissolution or liquidation of the Company, each Option and Stock Purchase Right will terminate immediately prior to the consummation of such action,
unless otherwise determined by the Administrator. 
  
 (c) Corporate Transaction. In the event of a Corporate Transaction (including without limitation a Change of Control), each outstanding Option or Stock Purchase Right shall be assumed or an equivalent option or right
shall be substituted by such successor corporation or a parent or subsidiary of such successor corporation (the “Successor Corporation”), unless the Successor Corporation does not agree in writing to assume the award or to
substitute an equivalent option or right, in which case such Option or Stock Purchase Right shall terminate upon the consummation of the transaction. 
  
 (d) Notice. Optionees must be given ten (10) days notice prior to the consummation of a Corporate Transaction, with
such notice containing the terms of such Corporate Transaction as they relate to any consideration that a Company stockholder will receive in connection therewith. 
  
 (e) Certain Distributions. In the event of any distribution to the Company’s
stockholders of securities of any other entity or other assets (other than dividends payable in cash or stock of the Company) without receipt of consideration by the Company, the Administrator may, in its sole and absolute discretion, appropriately
adjust the price per Share of Common Stock covered by each outstanding Option or Stock Purchase Right to reflect the effect of such distribution. 
  
 14. Repurchase Rights 
  
 (a) Reverse Vesting. If an Option is subject to Reverse Vesting, the Company shall have the right, during the 90 days after
the Optionee’s Termination, to repurchase any or all of the Option Shares that were unvested as of the date of that Termination at a purchase price determined by the Administrator in accordance with this Section 14(a). The repurchase price
shall be either (i) the Option Price for those shares or (ii) the lower of (A) the Option Price for those Shares, and (B) the Fair Market Value of those Option Shares as of the date of the Termination. However, the repurchase price will be the lower
of the Option Price for the Option Shares (minus the amount of cash dividends paid or payable with respect to the Option Shares for which the record date precedes the repurchase) and the Fair Market Value at the date of Termination if the Option
Shares were purchased with a promissory note. The repurchase price shall be paid in cash or, if the Option Shares were purchased in whole or in part with a promissory note, cancellation of indebtedness under, that note, or a combination of those
means. The Company may assign this right of repurchase. 
  
 (b) Procedure. The Company may, in it sole discretion, exercise any of its repurchase rights under Section 14. The Company, or its assignee, may choose to give the Optionee a written notice of exercise
of its repurchase rights under this Section 14. However, the Company’s failure to give such a notice shall not affect its rights to repurchase Option Shares. The Company must, however, tender the repurchase price during the period specified in
this Section 14 for exercising its repurchase rights in order to exercise such rights. 
  
 15. Time of Granting Options. The date of grant of an Option or Stock Purchase Right shall, for all purposes, be the date on which the Administrator makes the determination granting such Option or Stock
Purchase Right, or such other date as is determined by the Administrator, provided that in the case of any Incentive Stock Option, the grant date shall be the later of the date on which the Administrator makes the determination granting such
Incentive Stock Option or the date of commencement of the Optionee’s employment relationship with the Company. Notice of the determination shall be given to each Employee or Consultant to whom an Option is so granted within a reasonable time
after the date of such grant. 
  
 16. Amendment and
Termination of the Plan. 
  
 (a)
Authority to Amend or Terminate. The Board may at any time amend, alter, suspend or discontinue the Plan In addition, to the extent necessary and desirable to comply with the Applicable Laws, the Company shall obtain stockholder
approval of any Plan amendment in such a manner and to such a degree as required. 
  

 10 

 (b) Effect of Amendment or Termination. No amendment or termination of the
Plan shall materially and adversely affect Options or Stock Purchase Rights already granted, unless mutually agreed otherwise between the Optionee or holder of the Stock Purchase Right and the Administrator, which agreement must be in writing and
signed by the Optionee or holder and the Company. However, no such consent shall be required if the Board determines, in its sole and absolute discretion, that the amendment, suspension, termination, or modification is required or advisable in order
for the Company, the Plan, the Option or the Stock Purchase Right to satisfy Applicable Law, to meet the requirements of any accounting standard or to avoid any adverse accounting treatment. The Board may, but need not, take the tax
consequences to affected Optionees or holders of the Stock Purchase Right into consideration in acting under the preceding sentence. Those decisions will be final, binding and conclusive. Termination of this Plan shall not affect the
Administrator’s ability to exercise the powers granted to it under this Plan with respect to Options or Stock Purchase Rights granted before the termination or Option Shares issued under such Options even if those Option Shares are issued after
the termination. 
  
 17. Conditions Upon Issuance of
Shares. Notwithstanding any other provision of the Plan or any agreement entered into by the Company pursuant to the Plan, the Company shall not be obligated, and shall have no liability for failure, to issue or deliver any Shares under the
Plan unless such issuance or delivery would comply with the Applicable Laws, with such compliance determined by the Company in consultation with its legal counsel. As a condition to the exercise of an Option or Stock Purchase right, the Company may
require the person exercising the award to represent and warrant at the time of any such exercise that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if, in the opinion of
counsel for the Company, such a representation is required by law. Shares issued upon exercise of awards granted prior to the date on which the Common Stock becomes a Listed Security shall be subject to a right of first refusal in favor of the
Company pursuant to which the Participant will be required to offer Shares to the Company before selling or transferring them to any third party on such terms and subject to such conditions as is reflected in the applicable Option Agreement or
Restricted stock Purchase Agreement. 
  
 18. Reservation of
Shares. The Company, during the term of this Plan, will at all times reserve and keep available such number of Shares as shall be sufficient to satisfy the requirements of the Plan. 
  
 19. Unfunded Plan. This Plan shall be unfunded. Although
bookkeeping accounts may be established with respect to Optionees, any such accounts will be used merely as a convenience. The Company shall not be required to segregate any assets on account of this Plan, the grant of Options, or the issuance of
Option Shares. The Company and the Administrator shall not be deemed to be a trustee of stock or cash to be awarded under this Plan. Any obligations of the Company to any Optionee shall be based solely upon contracts entered into under this Plan,
such as Option Agreements. No such obligations shall be deemed to be secured by any pledge or other encumbrance on any assets of the Company. Neither the Company nor the Administrator shall be required to give any security or bond for the
performance of any such obligations. 
  
 20. Market
Standoff. If requested by the Company or a representative of its underwriters in connection with a registration of any securities of the Company under the Securities Act, Optionees or certain Optionees shall be prohibited from selling some
or all of their Option Shares during a period not to exceed 180 days after the effective date of a registration statement filed with respect to the initial public offering of the Company stock and 90 days after the effective date of any other
registration statement of the Company. This restriction shall not apply to any registration statement on Form S-8 or an equivalent registration statement. 
  
 21. Agreements. Options and Stock Purchase rights shall be evidenced by Option Agreements and restricted Stock Purchase Agreements,
respectively, in such form(s) as the Administrator shall from time to time approve. 
  
 22. Stockholder Approval. If required by the Applicable Laws, continuance of the Plan shall be subject to approval by the stockholders of the Company within twelve (12) months before or after the date
the Plan is adopted. Such stockholder approval shall be obtained in the manner and to the degree required under the Applicable Laws. 
  

 11

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