Document:

Exhibit 10.13

 

RESTRICTED STOCK AWARD AGREEMENT

SNAP INTERACTIVE, INC.

 

This Restricted Stock Award Agreement
(this “Agreement”) is made this 3rd day of March, 2016, by and between Snap Interactive, Inc.,
a Delaware corporation (the “Company”), and Clifford Lerner, an employee of the Company or one or more
of its subsidiaries (the “Employee”).

 

WHEREAS, the Company desires
to recognize the contribution the Employee has made to the Company and its subsidiaries and to provide an incentive to the Employee
to assist the Company and its subsidiaries in achieving continued success by granting to the Employee an award of restricted stock
in shares of the Company’s common stock, par value $0.001 per share (“Common Stock”), as hereinafter
provided.

 

NOW, THEREFORE, in consideration
of the mutual covenants hereinafter set forth and for other good and valuable consideration, the parties hereto agree as follows:

 

1.         Terms of Award. The number of shares of Common Stock awarded under this Agreement is five million (5,000,000) shares
(the “Awarded Shares”). The “Date of Grant” of this Restricted Stock Award
is March 3, 2016.

 

2.        Definitions. The terms “Board”, “Change in Control”, “Code”,
“Committee”, “Termination of Service”, and “Total and Permanent
Disability” shall have the same meaning as each such term is defined in the Snap Interactive, Inc. 2011 Amended and
Restated Long-Term Incentive Plan (the “Plan”).

 

3.        
Vesting. Except as specifically provided in this Agreement, the Awarded Shares shall vest as follows:

 

One hundred percent (100%) of the total Awarded
Shares shall vest on the tenth (10th) anniversary of the Date of Grant, provided that the Employee is employed by (or
if the Employee becomes an outside director or contractor, is providing services to) the Company or a subsidiary on that date.

 

Notwithstanding the foregoing,
one hundred percent (100%) of the unvested Awarded Shares immediately shall vest (i) on the date of a Change in Control, provided
the Employee is employed by (or if the Employee becomes an outside director or contractor, is providing services to) the Company
or a subsidiary on such date; (ii) on the date of the Employee’s Termination of Service due to his death or Total and Permanent
Disability; and (iii) on the date of the Employee’s Termination of Service without “cause” (as such term is defined
in the written employment or consulting agreement between the Company and the Employee that is in effect on the date of the Employee’s
Termination of Service). For purposes of clarity, if the Company decides not to renew any written employment agreement or consulting
agreement between the Company and the Employee without “cause” (as such term is defined in such agreement), and the
Employee suffers a Termination of Service in connection with such non-renewal, then the Employee’s Termination of Service
shall be treated as a Termination of Service without “cause” for purposes of this Agreement.

 

4.        
Forfeiture. Awarded Shares that are not vested in accordance with Section 3 shall be forfeited on the
date of the Employee’s Termination of Service. Upon forfeiture, all of the Employee’s rights with respect to the forfeited
Awarded Shares shall cease and terminate, without any further obligations on the part of the Company.

 

    

     

    

 

5.        Restrictions on Awarded Shares. Awarded Shares that are not vested in accordance with Section 3 and which
are subject to forfeiture in accordance with Section 4 shall be subject to the terms, conditions, provisions, and limitations
of this Section 5.

 

(a)               
Subject to the terms of this Agreement, from the Date of Grant until the date the Awarded Shares are vested in accordance
with Section 3 and are no longer subject to forfeiture in accordance with Section 4 (the “Restriction
Period”), the Employee shall not be permitted to sell, transfer, pledge, or assign any of the Awarded Shares.

 

(b)              
Except as provided in paragraph (a) above, the Employee shall have, with respect to his Awarded Shares, all of the rights
of a stockholder of the Company, including the right to vote the shares, and the right to receive any dividends thereon.

 

6.        Legend. The following legend shall be placed on all certificates representing Awarded Shares:

 

On the face of the certificate:

 

“Transfer of this stock is restricted
in accordance with conditions printed on the reverse of this certificate.”

 

On the reverse:

 

“The shares of stock evidenced by
this certificate are subject to and transferable only in accordance with that certain Restricted Stock Award Agreement by and between
Snap Interactive, Inc. and Clifford Lerner, dated March 3, 2016, a copy of which is on file at the principal office of the Company
in New York, New York. No transfer or pledge of the shares evidenced hereby may be made except in accordance with and subject to
the provisions of said Agreement. By acceptance of this certificate, any holder, transferee or pledgee hereof agrees to be bound
by all of the provisions of said Agreement.”

 

The following legend shall be inserted
on a certificate evidencing Common Stock issued under this Agreement if the shares were not issued in a transaction registered
under the applicable federal and state securities laws:

 

“Shares of stock represented by
this certificate have been acquired by the holder for investment and not for resale, transfer or distribution, have been issued
pursuant to exemptions from the registration requirements of applicable state and federal securities laws, and may not be offered
for sale, sold or transferred other than pursuant to effective registration under such laws, or in transactions otherwise in compliance
with such laws, and upon evidence satisfactory to the Company of compliance with such laws, as to which the Company may rely upon
an opinion of counsel satisfactory to the Company.”

 

    	 	2	 

     

    

 

All Awarded Shares owned by the
Employee shall be subject to the terms of this Agreement and shall be represented by a certificate or certificates bearing the
foregoing legend.

 

7.        Delivery of Certificates. The Company shall deliver certificates for the Awarded Shares to the Employee (or to the
Employee’s estate or legal guardian, as applicable) or shall register the Awarded Shares in such person’s name, free
of restriction under this Agreement, promptly after, and only after, the Restriction Period has expired without forfeiture pursuant
to Section 4. In connection with any issuance of a certificate for restricted stock, the Employee shall endorse such
certificate in blank or execute a stock power in a form satisfactory to the Company in blank and deliver such certificate and executed
stock power to the Company.

 

8.        Voting. The Employee, as record holder of the Awarded Shares, has the exclusive right to vote, or consent with respect
to, such Awarded Shares until such time as the Awarded Shares are transferred in accordance with this Agreement; provided,
however, that this Section 8 shall not create any voting right where the holders of such Awarded Shares otherwise
have no such right.

 

9.        Adjustments. The number of Awarded Shares shall be subject to adjustment in accordance with Articles 11-13
of the Plan.

 

10.     
Specific Performance. The parties acknowledge that remedies at law will be inadequate remedies for breach of this
Agreement and consequently agree that this Agreement shall be enforceable by specific performance. The remedy of specific performance
shall be cumulative of all of the rights and remedies at law or in equity of the parties under this Agreement.

 

11.       Employee’s
Representations. Notwithstanding anything herein to the contrary, the Employee hereby represents and warrants to the Company,
that:

 

(a)        The Employee acknowledges
that the Awarded Shares have not been registered under the Securities Act of 1933, as amended (the “Securities Act”),
and that the Company’s reliance on an exemption from the Securities Act depends, in part, upon the truth and accuracy of
the Employee’s representations set forth herein.

 

(b)        The Employee is
acquiring the Awarded Shares for his own account, for investment purposes only, and not with a view to the distribution, resale,
or other disposition not in compliance with the Securities Act and applicable state securities laws.

 

(c)        The Employee is
an “accredited investor” as such term is defined in Rule 501 promulgated under the Securities Act.

 

(d)        The decision of
the Employee to acquire the Awarded Shares for investment has been based solely upon the evaluation made by the Employee.

 

(e)        The Employee recognizes
and understands that the Awarded Shares may not be sold, transferred, or otherwise disposed of without registration under the Securities
Act or an exemption therefrom, and that in the absence of an effective registration statement or an available exemption, he must
hold such Awarded Shares indefinitely. The Employee further acknowledges that Rule 144 promulgated under the Securities Act may
not be applicable to the Awarded Shares and understands that the Company will not be obligated to make the filings and reports,
or make publicly available the information, which is a condition to the availability of Rule 144. The Employee further recognizes
that the Company is under no obligation to register the Awarded Shares or to comply with any exemption from such registration.
The Employee understands that the certificates representing the Awarded Shares may carry one or more legends incorporating such
restrictions.

 

    	 	3	 

     

    

 

(f)        The Employee acknowledges
that he is a sophisticated investor, having such knowledge and experience in financial and business matters as to be capable of
making an informed investment decision with respect to the acquisition of the Awarded Shares and that he has the financial wherewithal
to absorb the loss of any investment in the Awarded Shares.

 

(g)        The Employee acknowledges
receipt of all information he considers necessary or appropriate for deciding and evaluating the merits and risks of his acquiring
and holding the Awarded Shares. The Employee acknowledge that he has had an opportunity to ask questions and to receive answers
from the Company regarding the Awarded Shares and the business properties, prospects, and financial condition of the Company and
to obtain additional information necessary to verify the accuracy of any information furnished to him or to which he had access.

 

(h)        The Employee acknowledges
that applicable securities laws provide restrictions on the ability of stockholders to sell, transfer, assign, mortgage, hypothecate,
or otherwise encumber their Awarded Shares and places certain other restrictions on the Employee.

 

12.        Employee’s Acknowledgments. The Employee acknowledges that a copy of the Plan has been made available for his
review by the Company and represents that he is familiar with the relevant terms and provisions thereof that are referenced in
this Agreement. The Employee hereby accepts the Awarded Shares subject to all the terms and provisions of this Agreement. The Employee
hereby agrees to accept as binding, conclusive, and final all decisions or interpretations of the Committee or the Board, as appropriate,
upon any questions arising under this Agreement.

 

13.        No Right to Continue Service or Employment. Nothing herein shall be construed to confer upon the Employee the right
to continue in the employ or to provide services to the Company or any subsidiary, or to interfere with or restrict in any way
the right of the Company or any subsidiary to discharge the Employee as an employee at any time.

 

14.         Law Governing. This Agreement shall be governed, construed, and enforced in accordance with the laws of the State
of Delaware (excluding any conflict of laws rule or principle of Delaware law that might refer the governance, construction, or
interpretation of this Agreement to the laws of another state).

 

15.         Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are contained
in this Agreement shall be held by a court of competent jurisdiction, with respect to any and all claims under this Agreement,
to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision,
or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement, and this Agreement shall
be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained
herein.

 

16.         Covenants and Agreements as Independent Agreements. Each of the covenants and agreements that is set forth in this
Agreement shall be construed as a covenant and agreement independent of any other provision of this Agreement. The existence of
any claim or cause of action of the Employee against the Company, whether predicated on this Agreement or otherwise, shall not
constitute a defense to the enforcement by the Company of the covenants and agreements that are set forth in this Agreement.

 

    	 	4	 

     

    

 

17.          Entire Agreement. This Agreement supersedes any and all other prior understandings and agreements, either oral or
in writing, between the parties with respect to the subject matter hereof and constitute the sole and only agreements between the
parties with respect to the said subject matter. All prior negotiations and agreements between the parties with respect to the
subject matter hereof are merged into this Agreement. Each party to this Agreement acknowledges that no representations, inducements,
promises, or agreements, orally or otherwise, have been made by any party or by anyone acting on behalf of any party, which are
not embodied in this Agreement and that any agreement, statement or promise that is not contained in this Agreement shall not be
valid or binding or of any force or effect.

 

18.          Parties Bound. The terms, provisions, and agreements that are contained in this Agreement shall apply to, be binding
upon, and inure to the benefit of the parties and their respective heirs, executors, administrators, legal representatives, and
permitted successors and assigns, subject to the limitation on assignment expressly set forth herein. No person or entity shall
be permitted to acquire any Awarded Shares without first executing and delivering an agreement in the form satisfactory to the
Company making such person or entity subject to the restrictions on transfer contained in Section 5 hereof.

 

19.          Waiver. Neither the failure nor any delay on the part of any party to exercise any right, remedy, power, or privilege
under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any right, remedy, power, or
privilege preclude any other or further exercise of the same or of any right, remedy, power or privilege, nor shall any waiver
of any right, remedy, power, or privilege with respect to any occurrence be construed as a waiver of such right, remedy, power,
or privilege with respect to any other occurrence.

 

20.          Provisions Separable. The provisions of this Agreement are independent of and separable from each other, and no provision
shall be affected or rendered invalid or unenforceable by virtue of the fact that for any reason any other or others of them may
be invalid or unenforceable in whole or in part.

 

21.          
Modification. No change or modification of this Agreement shall be valid or binding upon the parties unless the change
or modification is in writing and approved by the Employee and the Board; provided, however, that if the Employee is a member of
the Board, the Employee must recuse himself from any vote to amend the Agreement or accelerate the vesting of the Awarded Shares,
and if the Employee is the sole member of the Board, the Agreement may not be amended and the vesting of the Awarded Shares may
not be accelerated.

 

22.           Headings. The headings that are used in this Agreement are used for reference and convenience purposes only and do
not constitute substantive matters to be considered in construing the terms and provisions of this Agreement.

 

23.           Gender and Number. Words of any gender used in this Agreement shall be held and construed to include any other gender,
and words in the singular number shall be held to include the plural, and vice versa, unless the context requires otherwise.

 

24.           Notice. Any notice required or permitted to be delivered hereunder shall be deemed to be delivered only when actually
received by the Company or by the Employee, as the case may be, at the addresses set forth below, or at such other addresses as
they have theretofore specified by written notice delivered in accordance herewith:

 

    	 	5	 

     

    

 

a.            Notice to the Company shall be addressed and delivered as follows:

 

Snap Interactive, Inc.

320 W. 37th Street, 13th Floor

New York, NY 10018

Attn:_____________

Fax:______________

 

b.           Notice to the Employee shall be addressed and delivered as set forth on the signature page.

 

25.         Tax Requirements. The Employee is hereby advised to consult immediately with his own tax advisor regarding the
tax consequences of this Agreement, the method and timing for filing an election to include this Agreement in income under Section
83(b) of the Code, and the tax consequences of such election. By execution of this Agreement, the Employee agrees that if the Employee
makes such an election, the Employee shall provide the Company with written notice of such election in accordance with the regulations
promulgated under Section 83(b) of the Code. The Company or, if applicable, any subsidiary (for purposes of this Section
25, the term “Company” shall be deemed to include any applicable subsidiary), shall have the right
to deduct from all amounts paid in cash or other form, any federal, state, local, or other taxes required by law to be withheld
in connection with the Awarded Shares. The Company may, in its sole discretion, also require the Employee receiving shares of Common
Stock to pay the Company the amount of any taxes that the Company is required to withhold in connection with the Employee’s
income arising with respect to the Awarded Shares. Such payments shall be required to be made when requested by the Company and
may be required to be made prior to the delivery of any certificate representing shares of Common Stock. Such payment may be made
(i) by the delivery of cash to the Company in an amount that equals or exceeds the required tax withholding obligations of the
Company; or (ii) by any other means approved by the Company in its sole discretion. The Company may, in its sole discretion, withhold
any such taxes from any other cash remuneration otherwise paid by the Company to the Employee.

 

[Signature Page Follows]

 

    	 	6	 

     

    

 

IN WITNESS WHEREOF, the Company
has caused this Agreement to be executed by its duly authorized officer, and the Employee, to evidence his consent and approval
of all the terms hereof, has duly executed this Agreement, effective as of the date specified in Section 1 hereof.

 

	 	COMPANY:
	 	 	 
	 	Snap
    Interactive, Inc.
	 	 	 
	 	By:	/s/
    Alexander Harrington
	 	Name: 	Alexander Harrington
	 	Title:	Chief Executive Officer and Chief Financial Officer

 

	 	EMPLOYEE:
	 	 	 
	 	/s/
    Clifford Lerner
	 	Signature
	 	 	 
	 	Name:	Clifford
    Lerner
	 	Address:	
	 	 	 

 

 

7Exhibit 10.36

 

	 	
        1414 Harbour Way South

        Richmond, CA 94804

        Office: 510-984-1761

        Fax: 510-927-2647

 

February 25, 2016

 

Nathan Harding

5459 Boyd Avenue

Oakland, CA 94618

 

		Re:	Terms of Separation

 

Dear Nate:

 

This letter confirms the agreement (“Agreement”)
between you, Ekso Bionics Holdings, Inc. (“EBHI”), and Ekso Bionics, Inc. (“Ekso Bionics” and together
with EBHI, the “Company”) concerning the terms of your separation and offers you the separation compensation discussed
in exchange for a general release of claims and covenant not to sue.

 

1.          Separation
Date: February 23, 2016 was your last day of employment with the Company (the “Separation Date”). Accordingly,
effective on the Separation Date, you hereby resign as an employee, officer and director of EBHI and Ekso Bionics and from any
other position you may hold with the Company or any of its subsidiaries. Your separation shall be characterized as a voluntary
resignation.

 

2.          Acknowledgment
of Payment of Wages: By your signature below, you acknowledge that on February 24, 2016 the Company provided to you a final
paycheck in the gross amount of $48,123.46, less applicable withholdings and deductions, for all wages, salary, bonuses, commissions,
reimbursable expenses, accrued vacation and any similar payments due you from the Company as of the Separation Date. By signing
below, you acknowledge that the Company does not owe you any other compensation in any form; provided, however, in the event that
a bonus for the year ended December 31, 2015 is determined by the Compensation Committee to be payable to Messrs. Looby or Scheder-Bieschin
pursuant to the terms of the 2015 short term incentive plan for the Company’s executive officers, then you will be entitled
to be paid an equivalent bonus for 2015, which payment will be made to you promptly following the date of such Compensation Committee
determination.

 

3.          Separation
Compensation: In exchange for your agreement to the general release and waiver of claims and covenant not to sue set forth
in paragraphs 7 and 8 below and your other promises herein, the Company agrees to provide you with the following separation compensation
(“Separation Compensation”):

 

     

     

    

 

Harding, Nathan

Page 2

 

a.           Severance:
The Company agrees to pay you, following the Effective Date (as defined in paragraph 17 below) of this Agreement, salary continuation
at your base salary currently in effect for a period of twelve (12) months commencing on the Separation Date (the “Severance
Period”), in the total amount of $275,000.00, subject to the Company’s regular payroll practices and required withholdings,
and

 

b.           Stock
options: Each of your previously granted stock options, which are set forth on Exhibit A hereto (collectively, “Equity
Awards”), that would first have become vested or exercisable during the Severance Period if you continued to be employed
by the Company shall become vested and exercisable on the Separation Date, and all exercisable Equity Awards (including those with
accelerated exercisability) shall remain exercisable until February 23, 2022 or, if earlier, until the latest date upon which the
Equity Awards could have been exercised in any circumstance under the original award (the “Latest Expiration Date”),
and

 

c.           Benefits:
Your COBRA continuation coverage period, up to a maximum of eighteen months, will commence on the Separation Date. If you accept
this Agreement, and elect to continue your participation in the Company’s group health and vision insurance plans by signing
and returning the form provided to you, and in additional consideration for your acceptance of this Agreement, the Company will
continue to make the employer contribution to the cost of your continued participation in the Company’s group health and
dental insurance plans for the first twelve months of your COBRA continuation coverage period. Thereafter, you will cease to be
eligible to participate in the Company’s group health and vision insurance plans, and your participation in such plans will
terminate, except to the extent that you elect to continue your coverage at a rate of 102% of the applicable full premium for the
remainder of your COBRA continuation coverage period.

 

By signing below, you acknowledge that you
are receiving the Separation Compensation set forth in this paragraph in consideration for waiving your rights to claims referred
to in this Agreement and that you would not otherwise be entitled to the Separation Compensation.

 

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

 

5.          Confidential
Information: You hereby acknowledge and agree that you are bound by the attached Confidential Information and Invention Assignment
Agreement (Exhibit B hereto), and that the restrictions concerning interference with business, use of confidential and proprietary
information, assignment of inventions and patents, and confidentiality set forth in Sections 5, 6 and 7 of the Employment Agreement
dated January 15, 2014 between you and EBHI (the “Employment Agreement”), shall survive after the Separation Date and
that both agreements remain in full force and effect in accordance with their terms. You further acknowledge and agree that as
a result of your employment with the Company you have had access to the Company’s Confidential Information (as defined in
the Employment Agreement), that you will hold all Confidential Information in strictest confidence, and that you will not make
use of such Confidential Information on behalf of any entity or person. You further confirm that you have delivered to the Company
all documents and data of any nature containing or pertaining to such Confidential Information and that you have not taken with
you any such documents or data or any reproduction thereof.

 

     

     

    

 

Harding, Nathan

Page 3

 

6.           Cooperation:

 

		a.	During the Severance Period, you agree to cooperate with the Company,
as reasonably requested by the Company by responding to questions, executing documents, and cooperating with the Company and its
accountants and legal counsel with respect to business issues, and/or claims and litigation of which you have personal or corporate
knowledge. You agree that you shall make yourself available at reasonable times and upon reasonable notice to answer questions
or provide other information within your possession as requested by the Company relating to the Company, its subsidiaries and/or
their respective operations in order to facilitate the smooth transition of your duties to your successor.

 

		b.	At the request of the Company, you agree to cooperate with the Company in the defense or prosecution of any claims or actions
now in existence or which may be brought or threatened in the future against or on behalf of the Company, including without limitation
any claims or actions against its officers, directors and employees. Your cooperation in connection with such actions or claims
shall include, without limitation, your being available to meet with the Company or its designees in connection with any regulatory
matters, to prepare for any proceeding (including, without limitation, depositions, consultation, discovery or trial), to provide
affidavits, to assist with any audit, inspection, proceeding or other inquiry, and/or to act as a witness in connection with any
litigation or other legal or regulatory proceeding affecting the Company, any of its subsidiaries or any of their officers, directors
or employees.

 

		c.	You shall be entitled to reimbursement, upon receipt by the Company of suitable documentation, for the reasonable out-of-pocket
expenses incurred by you at the Company’s request in complying with your obligations under this Section 6 (including travel
costs). To the extent that the aggregate time spent by you in complying with your obligations under this Section 6 exceeds 40 hours
in the aggregate, then you shall be entitled to an honorarium of $1,000 per day (or $200 per hour for a fraction of a day) spent
by you providing the cooperation requested by the Company pursuant to this Section 6.  Notwithstanding the foregoing, the
provisions of this Section 6 with respect to reimbursement of expenses shall in no way affect your rights to be indemnified
and/or advanced expenses in accordance with the Company’s corporate documents and/or in accordance with this Agreement.

 

7.           General
Release and Waiver of Claims:

 

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

 

     

     

    

 

Harding, Nathan

Page 4

 

b.           By
signing below, you expressly waive any benefits of Section 1542 of the Civil Code of the State of California, which provides as
follows:

 

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

 

c.           
You and the Company do not intend to release claims that you may not release as a matter of law, including but not limited to claims
for indemnity under California Labor Code section 2802.

 

8.          Covenant
Not to Sue:

 

a.           To
the fullest extent permitted by law, at no time subsequent to the Effective Date of this Agreement will you pursue, or cause or
knowingly permit the prosecution of, in any state, federal or foreign court, or before any local, state, federal or foreign administrative
agency, or any other tribunal, any charge, claim or action of any kind, nature and character whatsoever, known or unknown, which
you may now have, have ever had, or may in the future have against any of the Releasees, which is based in whole or in part on
any matter covered by this Agreement.

 

b.           Nothing
in this section shall prohibit you from filing a charge or complaint with a government agency such as but not limited to the Equal
Employment Opportunity Commission, the National Labor Relations Board, the Department of Labor, the California Department of Fair
Employment and Housing, or other applicable state agency. However, you understand and agree that, by entering into this Agreement,
you are releasing any and all individual claims for relief.

 

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

 

9.          Nondisparagement:
You agree that you will not disparage any of the Company, its subsidiaries or any of their products, services, officers or directors
with any written or oral statement. The Company agrees that it will direct its officers, directors and agents not to make or publish
any disparaging statements concerning you or your job performance while employed by the Company. Notwithstanding the preceding
sentences, you and the Company’s officers, directors and agents shall testify truthfully if required to testify in any state
or federal court or administrative or regulatory agency proceeding or investigation.

 

10.         Attorneys’
Fees: The Company will pay up to $2,000 of legal fees and disbursements reasonably incurred by you in connection with the negotiation
of this Agreement, and the Company will pay such legal fees and disbursements directly to your counsel within thirty (30) days
after the Company’s receipt of an invoice that you have approved from such counsel. If any action is brought to enforce the
terms of this Agreement, the prevailing party will be entitled to recover its reasonable attorneys’ fees, costs and expenses
from the other party, in addition to any other relief to which the prevailing party may be entitled.

 

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

 

     

     

    

 

Harding, Nathan

Page 5

 

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

 

13.         Indemnification:
The Company acknowledges that the Executive Officer Indemnification Agreement dated May 9, 2014 between the Company and
you is in full force and effect.

 

14.         Complete
and Voluntary Agreement: This Agreement, together with the exhibits hereto and Sections 5 through (and inclusive) 21 of the
Employment Agreement, which are incorporated by reference herein, constitute the entire agreement between you and the Releasees
with respect to the subject matter hereof and supersedes all prior negotiations and agreements, whether written or oral, relating
to such subject matter. You acknowledge that neither the Releasees nor their agents or attorneys have made any promise, representation
or warranty whatsoever, either express or implied, written or oral, which is not contained in this Agreement for the purpose of
inducing you to execute the Agreement, and you acknowledge that you have executed this Agreement in reliance only upon such promises,
representations and warranties as are contained herein, and that you are executing this Agreement voluntarily, and free of any
duress or coercion.

 

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

 

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

 

17.         Review
of Separation Agreement: You understand that you may take up to twenty-one (21) days to consider this Agreement and, by signing
below, affirm that you were advised to consult with an attorney prior to signing this Agreement. You also understand you may revoke
this Agreement within seven (7) days of signing this document and that the compensation to be paid to you pursuant to Paragraph
3 will be paid only at the end of that seven (7) day revocation period.

 

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

 

     

     

    

 

Harding, Nathan

Page 6

 

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

 

If you agree to abide by the terms outlined
in this letter, please sign this letter below and also sign the attached copy and return it to me. I wish you the best in your
future endeavors.

 

	 	Sincerely,
	 	 	 
	 	Ekso Bionics Holdings, Inc.
	 	 	 
	 	By:	/s/ Max Scheder-Bieschin
	 	 	Max Scheder-Bieschin
	 	 	Chief Financial Officer
	 	 	 
	 	Ekso Bionics, Inc.
	 	 	 
	 	By: 	/s/ Max Scheder-Bieschin
	 	 	Max Scheder-Bieschin
	 	 	Chief Financial Officer

 

READ, UNDERSTOOD AND AGREED

 

	/s/ Nathan Harding	 	Date:  Feb. 25, 2016
	Nathan Harding	 	 

 

     

     

    

 

EXHIBIT A

 

Outstanding
equity awards

 

		1.	Options
to Purchase 266,6651 shares of Common Stock granted April 24, 2012

 

		2.	Options
to Purchase 20,5131 shares of Common Stock granted July 25, 2013

 

		3.	Stock
Option Agreement dated as of January 15, 2014 with respect to 900,000 shares of Common Stock

 

		4.	Stock
Option Agreement dated as of June 11, 2015 with respect to 500,000 shares of Common Stock

 

 

1
Reflects the number of shares subject to the options after taking into account the adjustment of
such number of shares as a result of the January 15, 2014 merger of a wholly-owned subsidiary of Ekso Bionics Holdings, Inc. with
and into Ekso Bionics, Inc. (the “Merger”) based on the conversion ratio used in the Merger of 1.5238.

 

     

     

    

 

EXHIBIT B

 

CONFIDENTIAL
INFORMAITON AND INVENTION ASSIGNMENT AGREEMENT

 

Effective January 15, 2015

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