Document:

EX-10.13

 Exhibit 10.13 

LOAN AND SECURITY AGREEMENT 

THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of January 31, 2016 (the “Effective
Date”) between SILICON VALLEY BANK, a California corporation (“Bank”), and SUMO LOGIC, INC., a Delaware corporation (“Borrower”), provides the terms on which Bank shall lend to Borrower and
Borrower shall repay Bank. The parties agree as follows: 
 1    ACCOUNTING AND OTHER TERMS 

Accounting terms not defined in this Agreement shall be construed following GAAP. Calculations and determinations must be made following GAAP.
Capitalized terms not otherwise defined in this Agreement shall have the meanings set forth in Section 13. All other terms contained in this Agreement, unless otherwise indicated, shall have the meanings provided by the Code to the extent such
terms are defined therein. 
 2    LOAN AND TERMS OF PAYMENT 

2.1    Promise to Pay. Borrower hereby unconditionally promises to pay Bank the outstanding principal amount
of all Credit Extensions and accrued and unpaid interest thereon as and when due in accordance with this Agreement. 

2.1.1    Revolving Advances. 

(a)    Availability. Subject to the terms and conditions of this Agreement and to deduction of Reserves, Bank shall
make Advances to Borrower in an amount not exceeding the Availability Amount. Amounts borrowed under the Revolving Line may be repaid and, prior to the Revolving Line Maturity Date, reborrowed, subject to the applicable terms and conditions
precedent herein. 
 (b)    Termination; Repayment. The Revolving Line terminates on the Revolving Line Maturity
Date, when the principal amount of all Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Line shall be immediately due and payable. 

2.1.2    Letters of Credit Sublimit. 

(a)    As part of the Revolving Line, upon request by Borrower, Bank shall issue or have issued Letters of Credit
denominated in Dollars or a Foreign Currency for Borrower’s account. The aggregate Dollar Equivalent amount utilized for the issuance of Letters of Credit shall at all times reduce the amount otherwise available for Advances under the Revolving
Line. In addition, the aggregate Dollar Equivalent of the face amount of outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit) may not exceed Two Million Five Hundred Thousand Dollars ($2,500,000) minus the limits
requested by Borrower for Cash Management Services (as defined below and as the same may be adjusted from time to time upon request by Borrower) (the “Letter of Credit Sublimit”). 

 (b)    If, on the Revolving Line Maturity Date (or the effective date
of any termination of this Agreement), there are any outstanding Letters of Credit, then on such date Borrower shall provide to Bank cash collateral in an amount equal to at least (i) if such Letters of Credit are denominated in Dollars, one
hundred five percent (105.0%); and (ii) if such Letters of Credit are denominated in a Foreign Currency, one hundred ten percent (110.0%), of the aggregate Dollar Equivalent of the face amount of all such Letters of Credit plus all interest,
fees, and costs due or estimated by Bank to become due in connection therewith, to secure all of the Obligations relating to such Letters of Credit. All Letters of Credit shall be in form and substance acceptable to Bank in its sole discretion and
shall be subject to the terms and conditions of Bank’s standard Application and Letter of Credit Agreement (the “Letter of Credit Application”). Borrower agrees to execute any further documentation in connection with the
Letters of Credit as Bank may reasonably request. Borrower further agrees to be bound by the regulations and interpretations of the issuer of any Letters of Credit guarantied by Bank and opened for Borrower’s account or by Bank’s
interpretations of any Letter of Credit issued by Bank for Borrower’s account, and Borrower understands and agrees that Bank shall not be liable for any error, negligence, or mistake, whether of omission or commission, in following
Borrower’s instructions or those contained in the Letters of Credit or any modifications, amendments, or supplements thereto. 

(c)    The obligation of Borrower to immediately reimburse Bank for drawings made under Letters of Credit shall be
absolute, unconditional, and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement, such Letters of Credit, and the Letter of Credit Application. 

(d)    Borrower may request that Bank issue a Letter of Credit payable in a Foreign Currency. If a demand for payment is
made under any such Letter of Credit, Bank shall treat such demand as an Advance to Borrower of the Dollar Equivalent of the amount thereof (plus fees and charges in connection therewith such as wire, cable, SWIFT or similar charges). 

(e)    To guard against fluctuations in currency exchange rates, upon the issuance of any Letter of Credit payable in a
Foreign Currency, Bank shall create a reserve (the “Letter of Credit Reserve”) under the Revolving Line in an amount equal to ten percent (10%) of the face amount of such Letter of Credit. The amount of the Letter of Credit Reserve may be
adjusted by Bank from time to time to account for fluctuations in the exchange rate. The availability of funds under the Revolving Line shall be reduced by the amount of such Letter of Credit Reserve for as long as such Letter of Credit remains
outstanding. 
 2.1.3    Cash Management Services Sublimit. Borrower may use up to Two Million Five
Hundred Thousand Dollars ($2,500,000) of availability under the Revolving Line, minus the aggregate Dollar Equivalent of the face amount of any outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit), for Borrower’s
cash management services (the “Cash Management Services Sublimit”), which may include merchant services, direct deposit of payroll, business credit card, and check cashing services identified in Bank’s various cash management
services agreements (collectively, the “Cash Management Services”). Any amounts Bank pays on behalf of Borrower for any Cash Management Services will be treated as Advances under the Revolving Line and will accrue interest at the
applicable rate set forth in Section 2.3(a) herein. In addition, the aggregate borrowing limits requested by Borrower for Cash Management Services (which, shall not, in any event, exceed Two Million Five Hundred Thousand Dollars ($2,500,000))
shall, at all times, reduce the amount available to Borrower under the Revolving Line. 

 2.2    Overadvances. If, at any time, the sum of
(a) the outstanding principal amount of any Advances (including the aggregate borrowing limits requested by Borrower for Cash Management Services (not to exceed Two Million Five Hundred Thousand Dollars ($2,500,000)), plus (b) the face
amount of any outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit and any Letter of Credit Reserve), exceeds the Availability Amount, Borrower shall immediately pay to Bank in cash the amount of such excess (such
excess, the “Overadvance”). Without limiting Borrower’s obligation to repay Bank any Overadvance, Borrower agrees to pay Bank interest on the outstanding amount of any Overadvance, on demand, at the Default Rate. 

2.3    Payment of Interest on the Credit Extensions. 

(a)    Advances. Subject to Section 2.3(b), the principal amount outstanding under the Revolving Line shall
accrue interest at a floating per annum rate equal to three quarters of one percentage point (0.75%) above the Prime Rate (the “Interest Rate”); provided, however, if Borrower’s Adjusted Quick Ratio (measured as of the last day
of each month) is equal to or greater than 1.75 to 1.00, the Interest Rate for the month following such measuring period shall instead equal one quarter of one percentage point (0.25%) above the Prime Rate, which interest shall be payable monthly in
accordance with Section 2.3(d) below. 
 (b)    Default Rate. Immediately upon the occurrence and during
the continuance of an Event of Default, Obligations shall bear interest at a rate per annum which is five percentage points (5.0%) above the rate that is otherwise applicable thereto (the “Default Rate”). Fees and expenses which are
required to be paid by Borrower pursuant to the Loan Documents (including, without limitation, Bank Expenses) but are not paid when due shall bear interest until paid at a rate equal to the highest rate applicable to the Obligations. Payment or
acceptance of the increased interest rate provided in this Section 2.3(b) is not a permitted alternative to timely payment and shall not constitute a waiver of any Event of Default or otherwise prejudice or limit any rights or remedies of Bank.

 (c)    Adjustment to Interest Rate. Changes to the interest rate of any Credit Extension based on changes to
the Prime Rate shall be effective on the effective date of any change to the Prime Rate and to the extent of any such change. 

(d)    Payment; Interest Computation. Interest is payable monthly on the last calendar day of each month and shall
be computed on the basis of a 360-day year for the actual number of days elapsed. In computing interest, (i) all payments received after 12:00 p.m. Pacific time on any day shall be deemed received at the
opening of business on the next Business Day, and (ii) the date of the making of any Credit Extension shall be included and the date of payment shall be excluded; provided, however, that if any Credit Extension is repaid on the same day on
which it is made, such day shall be included in computing interest on such Credit Extension. 

 2.4    Fees. Borrower shall pay to Bank: 

(a)    Commitment Fee. A fully earned, non-refundable commitment fee of
Fifteen Thousand Dollars ($15,000) on the Effective Date. 
 (b)    Bank Expenses. All Bank Expenses (including
reasonable attorneys’ fees and expenses for documentation and negotiation of this Agreement, which shall not, assuming two reasonable turns of the documents exceed Twenty Thousand Dollars ($20,000) excluding hard costs for diligence) incurred
through and after the Effective Date, when due (or, if no stated due date, upon demand by Bank). 
 (c)    Fees
Fully Earned. Unless otherwise provided in this Agreement or in a separate writing by Bank, Borrower shall not be entitled to any credit, rebate, or repayment of any fees earned by Bank pursuant to this Agreement notwithstanding any termination
of this Agreement or the suspension or termination of Bank’s obligation to make loans and advances hereunder. Bank may deduct amounts owing by Borrower under the clauses of this Section 2.4 pursuant to the terms of Section 2.5(c).
Bank shall provide Borrower written notice of deductions made from the Designated Deposit Account pursuant to the terms of the clauses of this Section 2.4. 

2.5    Payments; Application of Payments; Debit of Accounts. 

(a)    All payments to be made by Borrower under any Loan Document shall be made in immediately available funds in
Dollars, without setoff or counterclaim, before 12:00 p.m. Pacific time on the date when due. Payments of principal and/or interest received after 12:00 p.m. Pacific time are considered received at the opening of business on the next Business Day.
When a payment is due on a day that is not a Business Day, the payment shall be due the next Business Day, and additional fees or interest, as applicable, shall continue to accrue until paid. 

(b)    Bank has the exclusive right to determine the order and manner in which all payments with respect to the
Obligations may be applied. Borrower shall have no right to specify the order or the accounts to which Bank shall allocate or apply any payments required to be made by Borrower to Bank or otherwise received by Bank under this Agreement when any such
allocation or application is not specified elsewhere in this Agreement. 
 (c)    Bank may debit any of Borrower’s
deposit accounts, including the Designated Deposit Account, for principal and interest payments or any other amounts Borrower owes Bank when due. These debits shall not constitute a set-off. 

2.6    Withholding. Payments received by Bank from Borrower under this Agreement will be made free and clear
of and without deduction for any and all present or future taxes, levies, imposts, duties, deductions, withholdings, assessments, fees or other charges imposed by any Governmental Authority (including any interest, additions to tax or penalties
applicable thereto). Specifically, however, if at any time any Governmental Authority, applicable law, regulation or international agreement requires Borrower to make any withholding or deduction from any such payment or other sum payable hereunder
to Bank, Borrower hereby covenants and agrees that the amount due from Borrower with respect to such payment or other sum payable hereunder will be increased to the extent necessary to ensure that, after the making of such required withholding or
deduction, Bank receives a net sum equal to the sum which it 

 
would have received had no withholding or deduction been required, and Borrower shall pay the full amount withheld or deducted to the relevant Governmental Authority. Borrower will, upon request,
furnish Bank with proof reasonably satisfactory to Bank indicating that Borrower has made such withholding payment; provided, however, that Borrower need not make any withholding payment if the amount or validity of such withholding payment is
contested in good faith by appropriate and timely proceedings and as to which payment in full is bonded or reserved against by Borrower. The agreements and obligations of Borrower contained in this Section 2.6 shall survive the termination of
this Agreement. 
 3    CONDITIONS OF LOANS 

3.1    Conditions Precedent to Initial Advance. Bank’s obligation to make the initial Advance is subject
to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, such documents, and completion of such other matters, as Bank may reasonably deem necessary or appropriate, including, without limitation: 

(a)    duly executed original signatures to the Loan Documents; 

(b)    duly executed original signatures to the Initial Warrant; 

(c)    the Operating Documents and long-form good standing certificates of Borrower and its Subsidiaries certified by the
Secretary of State (or equivalent agency) of Borrower’s and such Subsidiaries’ jurisdiction of organization or formation and each jurisdiction in which Borrower and each Subsidiary is qualified to conduct business, each as of a date no
earlier than thirty (30) days prior to the Effective Date; 
 (d)    duly executed original signatures to the
completed Borrowing Resolutions for Borrower; 
 (e)    certified copies, dated as of a recent date, of financing
statement searches, as Bank may request, accompanied by written evidence (including any UCC termination statements) that the Liens indicated in any such financing statements either constitute Permitted Liens or have been or, in connection with the
initial Advance, will be terminated or released; 
 (f)    the Perfection Certificate of Borrower, together with the
duly executed original signature thereto; 
 (g)    a copy of Borrower’s Investors’ Rights Agreement and any
amendments thereto; 
 (h)    evidence satisfactory to Bank that the insurance policies and endorsements required by
Section 6.7 hereof are in full force and effect, together with appropriate evidence showing lender loss payable and/or additional insured clauses or endorsements in favor of Bank; 

(i)    the completion of the Initial Audit with results satisfactory to Bank in its sole and absolute discretion; and

 (j)    payment of the fees and Bank Expenses then due as specified in
Section 2.4 hereof. 
 3.2    Conditions Precedent to all Credit Extensions. Bank’s obligations
to make each Credit Extension, including the initial Credit Extension, is subject to the following conditions precedent: 

(a)    timely receipt of an executed Transaction Report; 

(b)    the representations and warranties in this Agreement shall be true, accurate, and complete in all material
respects on the date of the Transaction Report and on the Funding Date of each Credit Extension; provided, however, that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified
by materiality in the text thereof; and provided, further that those representations and warranties expressly referring to a specific date shall be true, accurate and complete in all material respects as of such date, and no Event of Default shall
have occurred and be continuing or result from the Credit Extension. Each Credit Extension is Borrower’s representation and warranty on that date that the representations and warranties in this Agreement remain true, accurate, and complete in
all material respects; provided, however, that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof; and provided, further that those
representations and warranties expressly referring to a specific date shall be true, accurate and complete in all material respects as of such date; and 

(c)    Bank determines to its satisfaction that there has not been a Material Adverse Change. 

3.3    Condition Precedent to Credit Extensions in Excess of Ten Million Dollars ($10,000,000). Prior to the
aggregate amount of Credit Extensions made by Bank to Borrower exceeding Ten Million Dollars ($10,000,000) for the first time, Borrower shall provide Bank with a Warrant to Purchase an amount of Borrower’s Series E Preferred Stock which would,
on a fully-diluted basis, represent a one hundredth of one percent (0.01%) ownership in Borrower if exercised (the “Additional Warrant”). The Additional Warrant shall be documented in a form substantially similar to the Initial
Warrant. 
 3.4    Covenant to Deliver. Borrower agrees to deliver to Bank each item required to be
delivered to Bank under this Agreement as a condition precedent to any Credit Extension. Borrower expressly agrees that a Credit Extension made prior to the receipt by Bank of any such item shall not constitute a waiver by Bank of Borrower’s
obligation to deliver such item, and the making of any Credit Extension in the absence of a required item shall be in Bank’s sole discretion. 

3.5    Procedures for Borrowing. Subject to the prior satisfaction of all other applicable conditions to the
making of an Advance (other than Advances under Sections 2.1.2 or 2.1.3) set forth in this Agreement, to obtain an Advance, Borrower shall notify Bank (which notice shall be irrevocable) by electronic mail by 12:00 p.m. Pacific time on the Funding
Date of the Advance. In connection with such notification, Borrower must promptly deliver to Bank by electronic mail a completed Transaction Report executed by an Authorized Signer together with 

 
such other reports and information, including without limitation, sales journals, cash receipts journals, accounts receivable aging reports, as Bank may request in its sole discretion. Bank shall
credit proceeds of an Advance to the Designated Deposit Account. Bank may make Advances under this Agreement based on instructions from an Authorized Signer or without instructions if the Advances are necessary to meet Obligations which have become
due. 
 4    CREATION OF SECURITY INTEREST. 

4.1    Grant of Security Interest. Borrower hereby grants Bank, to secure the payment and performance in full
of all of the Obligations, a continuing security interest in, and pledges to Bank, the Collateral, wherever located, whether now owned or hereafter acquired or arising, and all proceeds and products thereof. 

Borrower acknowledges that it previously has entered, and/or may in the future enter, into Bank Services Agreements with Bank. Regardless of
the terms of any Bank Services Agreement, Borrower agrees that any amounts Borrower owes Bank thereunder shall be deemed to be Obligations hereunder and that it is the intent of Borrower and Bank to have all such Obligations secured by the first
priority perfected security interest in the Collateral granted herein (subject only to Permitted Liens that are permitted pursuant to the terms of this Agreement to have superior priority to Bank’s Lien in this Agreement). 

If this Agreement is terminated, Bank’s Lien in the Collateral shall continue until the Obligations (other than inchoate indemnity
obligations) are repaid in full in cash. Upon payment in full in cash of the Obligations (other than inchoate indemnity obligations) and at such time as Bank’s obligation to make Credit Extensions has terminated, Bank shall, at the sole cost
and expense of Borrower, release its Liens in the Collateral and all rights therein shall revert to Borrower. In the event (x) all Obligations (other than inchoate indemnity obligations), except for Bank Services, are satisfied in full, and
(y) this Agreement is terminated, Bank shall terminate the security interest granted herein upon Borrower providing cash collateral acceptable to Bank in its good faith business judgment for Bank Services, if any. In the event such Bank
Services consist of outstanding Letters of Credit, Borrower shall provide to Bank cash collateral in an amount equal to (x) if such Letters of Credit are denominated in Dollars, then at least one hundred five percent (105.0%); and (y) if
such Letters of Credit are denominated in a Foreign Currency, then at least one hundred ten percent (110.0%), of the Dollar Equivalent of the face amount of all such Letters of Credit plus all interest, fees, and costs due or to become due in
connection therewith (as estimated by Bank in its business judgment), to secure all of the Obligations relating to such Letters of Credit. 

4.2    Priority of Security Interest. Borrower represents, warrants, and covenants that the security
interest granted herein is and shall at all times continue to be a first priority perfected security interest in the Collateral (subject only to Permitted Liens that are permitted pursuant to the terms of this Agreement to have superior priority to
Bank’s Lien under this Agreement). If Borrower shall acquire a commercial tort claim, Borrower shall promptly notify Bank in a writing signed by Borrower of the general details thereof and grant to Bank in such writing a security interest
therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to Bank. 

 4.3    Authorization to File Financing Statements.
Borrower hereby authorizes Bank to file financing statements, without notice to Borrower, with all appropriate jurisdictions to perfect or protect Bank’s interest or rights hereunder, including a notice that any disposition of the Collateral,
by either Borrower or any other Person, shall be deemed to violate the rights of Bank under the Code. 

5    REPRESENTATIONS AND WARRANTIES 

Borrower represents and warrants as follows: 

5.1    Due Organization, Authorization; Power and Authority. Borrower is duly existing and in good standing
as a Registered Organization in its jurisdiction of formation and is qualified and licensed to do business and is in good standing in any jurisdiction in which the conduct of its business or its ownership of property requires that it be qualified
except where the failure to do so could not reasonably be expected to have a material adverse effect on Borrower’s business. In connection with this Agreement, Borrower has delivered to Bank a completed certificate signed by Borrower, entitled
“Perfection Certificate”. Borrower represents and warrants to Bank that (a) Borrower’s exact legal name is that indicated on the Perfection Certificate and on the signature page hereof; (b) Borrower is an organization of the
type and is organized in the jurisdiction set forth in the Perfection Certificate; (c) the Perfection Certificate accurately sets forth Borrower’s organizational identification number or accurately states that Borrower has none;
(d) the Perfection Certificate accurately sets forth Borrower’s place of business, or, if more than one, its chief executive office as well as Borrower’s mailing address (if different than its chief executive office); (e) Borrower
(and each of its predecessors) has not, in the past five (5) years, changed its jurisdiction of formation, organizational structure or type, or any organizational number assigned by its jurisdiction; and (f) all other information set forth
on the Perfection Certificate pertaining to Borrower and each of its Subsidiaries is accurate and complete in all material respects (it being understood and agreed that Borrower may from time to time update certain information in the Perfection
Certificate after the Effective Date to the extent permitted by one or more specific provisions in this Agreement). If Borrower is not now a Registered Organization but later becomes one, Borrower shall promptly notify Bank of such occurrence and
provide Bank with Borrower’s organizational identification number. 
 The execution, delivery and performance by Borrower of the Loan
Documents to which it is a party have been duly authorized, and do not (i) conflict with any of Borrower’s organizational documents, (ii) contravene, conflict with, constitute a default under or violate any material Requirement of
Law, (iii) contravene, conflict with or violate any applicable order, writ, judgment, injunction, decree, determination or award of any Governmental Authority by which Borrower or any of its Subsidiaries or any of their property or assets may
be bound or affected, (iv) require any action by, filing, registration, or qualification with, or Governmental Approval from, any Governmental Authority (except such Governmental Approvals which have already been obtained and are in full force
and effect or (v) conflict with, contravene, constitute a default or breach under, or result in or permit the termination or acceleration of, any material agreement by which Borrower is bound. Borrower is not in default under any agreement to
which it is a party or by which it is bound in which the default could reasonably be expected to have a material adverse effect on Borrower’s business. 

 5.2    Collateral. Borrower has good title to, rights in,
and the power to transfer each item of the Collateral upon which it purports to grant a Lien hereunder, free and clear of any and all Liens except Permitted Liens. Borrower has no Collateral Accounts at or with any bank or financial institution
other than Bank or Bank’s Affiliates except for the Collateral Accounts described in the Perfection Certificate delivered to Bank in connection herewith and which Borrower has taken such actions as are necessary to give Bank a perfected
security interest therein, pursuant to the terms of Section 6.8(b). The Accounts are bona fide, existing obligations of the Account Debtors. 

The Collateral is not in the possession of any third party bailee (such as a warehouse) except as otherwise provided in the Perfection
Certificate. None of the components of the Collateral shall be maintained at locations other than as provided in the Perfection Certificate or as permitted pursuant to Section 7.2. 

To the best of Borrower’s knowledge, Borrower is the sole owner of the Intellectual Property which it owns or purports to own except for (a) non-exclusive licenses granted to its customers in the ordinary course of business, (b) over-the-counter software that is
commercially available to the public, and (c) material Intellectual Property licensed to Borrower and noted on the Perfection Certificate. To the best of Borrower’s knowledge, each Patent which it owns or purports to own and which is
material to Borrower’s business is valid and enforceable, and no part of the Intellectual Property which Borrower owns or purports to own and which is material to Borrower’s business has been judged by a court of competent jurisdiction to
be invalid or unenforceable, in whole or in part. To the best of Borrower’s knowledge, no claim has been made in writing that any part of the Intellectual Property violates the rights of any third party except to the extent such claim would not
reasonably be expected to have a material adverse effect on Borrower’s business. 
 Except as noted on the Perfection Certificate,
Borrower is not a party to, nor is it bound by, any Restricted License. 
 5.3    Eligible Customer
Accounts. For any Eligible Customer Account in any MRR calculation, all statements made and all unpaid balances appearing in all invoices, instruments and other documents evidencing such Eligible Customer Accounts are and shall be true and
correct in all material respects and all such invoices, instruments and other documents, and all of Borrower’s Books are genuine and in all respects what they purport to be. Bank, after consultation with Borrower, and receipt of Borrower’s
consent (provided that if an Event of Default has occurred, no consultation with or consent of Borrower shall be required) may notify any Account Debtor owing Borrower money of Bank’s security interest in such funds and verify the amount of
such Eligible Customer Account. All sales and other transactions underlying or giving rise to each Eligible Customer Account shall comply in all material respects with all applicable laws and governmental rules and regulations. Borrower has no
knowledge of any actual or imminent Insolvency Proceeding of any Account Debtor whose accounts are Eligible Customer Accounts in any MRR calculation. To the best of Borrower’s knowledge, all signatures and endorsements on all documents,
instruments, and agreements relating to all Eligible Customer Accounts are genuine, and all such documents, instruments and agreements are legally enforceable in accordance with their terms except to the extent the enforceability thereof may be
limited by applicable bankruptcy, insolvency, moratorium and other laws affecting creditor’s rights generally 

 
and by equitable principles (regardless of whether enforcement is sought in equity or at law). Borrower is the owner of and has the legal right to sell, transfer, assign and encumber each
Eligible Customer Account, and there are no defenses, offsets, counterclaims or agreements for which the Account Debtor may claim any deduction or discount. 

5.4    Litigation. There are no actions or proceedings pending or, to the knowledge of any Responsible
Officer, threatened in writing by or against Borrower or any of its Subsidiaries involving more than, individually or in the aggregate, Two Hundred Fifty Thousand Dollars ($250,000). 

5.5    Financial Statements; Financial Condition. All consolidated financial statements for Borrower and any
of its Subsidiaries delivered to Bank fairly present in all material respects (subject to normal fiscal year-end adjustments) Borrower’s consolidated financial condition and Borrower’s consolidated
results of operations. There has not been any material deterioration in Borrower’s consolidated financial condition since the date of the most recent financial statements submitted to Bank. 

5.6    Solvency. The fair salable value of Borrower’s consolidated assets (including goodwill minus
disposition costs) exceeds the fair value of Borrower’s liabilities; Borrower is not left with unreasonably small capital after the transactions in this Agreement; and Borrower is able to pay its debts (including trade debts) as they mature.

 5.7    Regulatory Compliance. Borrower is not an “investment company” or a company
“controlled” by an “investment company” under the Investment Company Act of 1940, as amended. Borrower is not engaged as one of its important activities in extending credit for margin stock (under Regulations X, T and U of the
Federal Reserve Board of Governors). Borrower (a) has complied in all material respects with all Requirements of Law, and (b) has not, to the best of Borrower’s knowledge, violated any Requirements of Law the violation of which could
reasonably be expected to have a material adverse effect on its business. None of Borrower’s or any of its Subsidiaries’ properties or assets has been used by Borrower or any Subsidiary or, to the best of Borrower’s knowledge, by
previous Persons, in disposing, producing, storing, treating, or transporting any hazardous substance other than legally. Borrower and each of its Subsidiaries have obtained all consents, approvals and authorizations of, made all declarations or
filings with, and given all notices to, all Government Authorities that are necessary to continue their respective businesses as currently conducted except where failure to do so could not reasonably be expected to have a material adverse effect on
Borrower’s business. 
 5.8    Subsidiaries; Investments. Borrower does not own any stock,
partnership, or other ownership interest or other equity securities except for Permitted Investments. 

5.9    Tax Returns and Payments; Pension Contributions. Borrower has timely filed all required tax returns
and reports, and Borrower has timely paid (or duly filed valid extensions in connection with) all foreign, federal, state and local taxes, assessments, deposits and contributions owed by Borrower except to the extent such taxes are being contested
in good faith by appropriate proceedings promptly instituted and diligently conducted, so long as such reserve or other appropriate provision, if any, as shall be required in conformity with GAAP shall have been made therefor. 

 To the extent Borrower defers payment of any contested taxes, Borrower shall (i) notify
Bank in writing of the commencement of, and any material development in, the proceedings, and (ii) post bonds or take any other steps required to prevent the Governmental Authority levying such contested taxes from obtaining a Lien upon any of
the Collateral that is other than a “Permitted Lien.” Borrower is unaware of any claims or adjustments proposed for any of Borrower’s prior tax years which could result in additional taxes becoming due and payable by Borrower.
Borrower has paid all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with their terms, and Borrower has not withdrawn from participation in, and has not permitted partial or complete
termination of, or permitted the occurrence of any other event with respect to, any such plan which could reasonably be expected to result in any liability of Borrower, including any liability to the Pension Benefit Guaranty Corporation or its
successors or any other governmental agency. 
 5.10    Use of Proceeds. Borrower shall use the proceeds
of the Credit Extensions solely as working capital and to fund its general business requirements and not for personal, family, household or agricultural purposes. 

5.11    Full Disclosure. No written representation, warranty or other statement of Borrower in any
certificate or written statement given to Bank, as of the date such representation, warranty, or other statement was made, taken together with all such written certificates and written statements given to Bank, contains any untrue statement of a
material fact or omits to state a material fact necessary to make the statements contained in the certificates or statements not misleading (it being recognized by Bank that the projections and forecasts provided by Borrower in good faith and based
upon reasonable assumptions are not viewed as facts and that actual results during the period or periods covered by such projections and forecasts may differ from the projected or forecasted results). 

5.12    Definition of “Knowledge.” For purposes of the Loan Documents, whenever a representation
or warranty is made to Borrower’s knowledge or awareness, to the “best of Borrower’s knowledge, or with a similar qualification, knowledge or awareness means the actual knowledge, after reasonable investigation, of any Responsible
Officer. 
 6    AFFIRMATIVE COVENANTS 

Borrower shall do all of the following: 

6.1    Government Compliance. 

(a)    Maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of
formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary
comply, in all material respects, with all laws, ordinances and regulations to which it is subject. 
 (b)    Obtain
all of the Governmental Approvals necessary for the performance by Borrower of its obligations under the Loan Documents to which it is a party and the grant of a security interest to Bank in the Collateral. Borrower shall promptly provide copies of
any such obtained Governmental Approvals to Bank. 

 6.2    Financial Statements, Reports, Certificates.
Provide Bank with the following: 
 (a)    if any Advances are outstanding, within thirty (30) days after the last
day of each month, or (b) if no Advances are outstanding, within thirty (30) days after the last day of each fiscal quarter, a SaaS based metrics report including, but not limited to calculations of ARPU, client count and the Annualized
Churn Rate, which shall include a calculation of the then current Annualized Churn Rate; 
 (b)    a Transaction Report
(and any schedules related thereto) (i) with each request for an Advance and (ii) at all times when any Advances are outstanding, within thirty (30) days after the last day of each month, signed by a Responsible Officer; 

(c)    as soon as available, but no later than thirty (30) days after the last day of each month, a company prepared
consolidated and consolidating balance sheet and income statement covering Borrower’s and each of its Subsidiary’s operations for such month certified by a Responsible Officer and in a form acceptable to Bank (the “Monthly
Financial Statements”); 
 (d)    within thirty (30) days after the last day of each month and together
with the Monthly Financial Statements, a duly completed Compliance Certificate signed by a Responsible Officer, certifying that as of the end of such month, Borrower was in full compliance with all of the terms and conditions of this Agreement, and
setting forth calculations showing compliance with the financial covenants set forth in this Agreement and such other information as Bank may reasonably request, including, without limitation, a statement that at the end of such month there were no
held checks; 
 (e)    as soon as available, and in any event within thirty (30) days after the end of each fiscal
year of Borrower, a company prepared consolidated and consolidating balance sheet and income statement covering Borrower’s and each of its Subsidiary’s operations for such fiscal year certified by a Responsible Officer and in a form
acceptable to Bank; 
 (f)    within thirty (30) days after the end of each fiscal year of Borrower, annual
financial projections for the then-current fiscal year (on a quarterly basis) as approved by Borrower’s board of directors, together with any related business forecasts used in the preparation of such annual financial projections; 

(g)    as soon as available, and in any event within one hundred eighty (180) days following the end of
Borrower’s fiscal year, audited consolidated financial statements prepared under GAAP, consistently applied, together with an unqualified opinion on the financial statements from an independent certified public accounting firm reasonably
acceptable to Bank (the “Audited Financial Statements”); provided that if Borrower’s board of directors does not require Borrower obtain Audited Financial Statements for any individual fiscal year, Bank shall be deemed to have
automatically waived the requirement for such Audited Financial Statements in the applicable fiscal year as well; 

 (h)    in the event that Borrower becomes subject to the reporting
requirements under the Exchange Act within five (5) days of filing, copies of all periodic and other reports, proxy statements and other materials filed by Borrower with the SEC, any Governmental Authority succeeding to any or all of the
functions of the SEC or with any national securities exchange, or distributed to its shareholders, as the case may be. Documents required to be delivered pursuant to the terms hereof (to the extent any such documents are included in materials
otherwise filed with the SEC) may be delivered electronically and if so delivered, shall be deemed to have been delivered on the date on which Borrower posts such documents, or provides a link thereto, on Borrower’s website on the Internet at
Borrower’s website address, or are available at www.sec.gov (or any successor site maintained by the SEC for similar purposes); provided, however, Borrower shall promptly notify Bank in writing (which may be by electronic mail) of the posting
of any such documents; 
 (i)    within fifteen (15) days of delivery, copies of all statements, reports and
notices made available to Borrower’s security holders or to any holders of Subordinated Debt; 
 (j)    prompt
report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, Two Hundred Fifty Thousand
Dollars ($250,000) or more; and 
 (k)    other financial information reasonably requested by Bank. 

6.3    Accounts Receivable. 

(a)    Schedules and Documents Relating to Accounts. Borrower shall deliver to Bank the reports and schedules of
collections, as provided in Section 6.2, on forms satisfactory to Bank in its sole discretion; provided, however, that Borrower’s failure to execute and deliver the same shall not affect or limit Bank’s Lien and other rights in all of
Borrower’s Accounts, nor shall Bank’s failure to advance or lend against a specific Account affect or limit Bank’s Lien and other rights therein. If requested by Bank, Borrower shall furnish Bank with copies (or, at Bank’s
request, originals) of all contracts, orders, invoices, and other similar documents, and all shipping instructions, delivery receipts, bills of lading, and other evidence of delivery, for any goods the sale or disposition of which gave rise to such
Accounts. In addition, Borrower shall deliver to Bank, on its request, the originals of all instruments, chattel paper, security agreements, guarantees and other documents and property evidencing or securing any Accounts, in the same form as
received, with all necessary indorsements, and copies of all credit memos. 
 (b)    Disputes. Borrower shall
promptly notify Bank of all disputes or claims in excess of Two Hundred Fifty Thousand Dollars ($250,000) relating to Accounts. Borrower may forgive (completely or partially), compromise, or settle any Account for less than payment in full, or agree
to do any of the foregoing so long as (i) Borrower does so in good faith, in a commercially reasonable manner, in the ordinary course of business, in arm’s-length transactions; (ii) no Event of
Default has occurred and is continuing; and (iii) after taking into account all such discounts, settlements and forgiveness, the total outstanding Advances will not exceed the Availability Amount. 

 (c)    Collection of Accounts. Borrower shall have the right to
collect all Accounts, unless and until an Event of Default has occurred and is continuing. Bank shall require that Borrower direct Account Debtors to deliver or transmit all proceeds of Accounts into a lockbox account, or via electronic deposit
capture into a “blocked account” as specified by Bank (either such account, the “Cash Collateral Account”). Whether or not an Event of Default has occurred and is continuing, Borrower shall immediately deliver all payments
on and proceeds of Accounts to the Cash Collateral Account to be transferred on a daily basis to Borrower’s operating account with Bank. Borrower shall have a period of ninety (90) days from the Effective Date to implement the Cash
Collateral Account. 
 (d)    Verification. Bank may, from time to time, after consultation with Borrower, and
receipt of Borrower’s consent (provided that no consultation with or consent from Borrower shall be required if an Event of Default has occurred), verify directly with the respective Account Debtors the validity, amount and other matters
relating to the Accounts, either in the name of Borrower or Bank or such other name as Bank may choose, and notify any Account Debtor of Bank’s security interest in such Account. 

(e)    No Liability. Bank shall not be responsible or liable for any shortage or discrepancy in, damage to, or
loss or destruction of, any goods, the sale or other disposition of which gives rise to an Account, or for any error, act, omission, or delay of any kind occurring in the settlement, failure to settle, collection or failure to collect any Account,
or for settling any Account in good faith for less than the full amount thereof, nor shall Bank be deemed to be responsible for any of Borrower’s obligations under any contract or agreement giving rise to an Account. Nothing herein shall,
however, relieve Bank from liability for its own gross negligence or willful misconduct. 
 6.4    Remittance
of Proceeds. Deliver, in kind, all proceeds arising from the disposition of any Collateral to Bank in the original form in which received by Borrower not later than three (3) Business Days after receipt by Borrower, to be applied to the
Obligations (a) prior to an Event of Default, pursuant to the terms of Section 2.5(b) hereof, and (b) after the occurrence and during the continuance of an Event of Default, pursuant to the terms of Section 9.4 hereof; provided
that, if no Event of Default has occurred and is continuing, Borrower shall not be obligated to remit to Bank the proceeds of the sale of worn out or obsolete Equipment disposed of by Borrower in good faith in an arm’s length transaction for an
aggregate purchase price of Twenty Five Thousand Dollars ($25,000) or less (for all such transactions in any fiscal year). Borrower agrees that it will not commingle proceeds of Collateral with any of Borrower’s other funds or property, but
will hold such proceeds separate and apart from such other funds and property and in an express trust for Bank. Nothing in this Section limits the restrictions on disposition of Collateral set forth elsewhere in this Agreement. 

6.5    Taxes; Pensions. Timely file, and require each of its Subsidiaries to timely file, all required tax
returns and reports and timely pay, and require each of its Subsidiaries to timely pay, all foreign, federal, state and local taxes, assessments, deposits and contributions owed by Borrower and each of its Subsidiaries, except for deferred payment
of any taxes contested pursuant to the terms of Section 5.9 hereof, and shall deliver to Bank, on demand, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and
deferred compensation plans in accordance with their terms. 

 6.6    Access to Collateral; Books and Records. At
reasonable times, on three (3) Business Day’s notice (provided no notice is required if an Event of Default has occurred and is continuing), Bank, or its agents, shall have the right to inspect the Collateral and the right to audit and
copy Borrower’s Books. The foregoing inspections and audits shall be conducted at Borrower’s expense and no more often than once every twelve (12) months unless an Event of Default has occurred and is continuing in which case such
inspections and audits shall occur as often as Bank shall determine is necessary. The charge therefor shall be Eight Hundred Fifty Dollars ($850) per person per day (or such higher amount as shall represent Bank’s then-current standard charge
for the same), plus reasonable out-of-pocket expenses (together, the “Audit Fees”). Bank shall use its best efforts to ensure that the Audit Fees for any
single audit do not exceed Six Thousand Dollars ($6,000). In the event Borrower and Bank schedule an audit more than ten (10) days in advance, and Borrower cancels or seeks to reschedules the audit with less than ten (10) days written
notice to Bank, then (without limiting any of Bank’s rights or remedies) Borrower shall pay Bank a fee of One Thousand Dollars ($1,000) plus any out-of-pocket
expenses incurred by Bank to compensate Bank for the anticipated costs and expenses of the cancellation or rescheduling. 

6.7    Insurance. 

(a)    Keep its business and the Collateral insured for risks and in amounts standard for companies in Borrower’s
industry and location and as Bank may reasonably request. Insurance policies shall be in a form, with financially sound and reputable insurance companies that are not Affiliates of Borrower, and in amounts that are satisfactory to Bank. All property
policies shall have a lender’s loss payable endorsement showing Bank as lender loss payee. All liability policies shall show, or have endorsements showing, Bank as an additional insured. Bank shall be named as lender loss payee and/or
additional insured with respect to any such insurance providing coverage in respect of any Collateral. 
 (b)    Ensure
that proceeds payable under any property policy are, at Bank’s option, payable to Bank on account of the Obligations. 

(c)    At Bank’s request, Borrower shall deliver certified copies of insurance policies and evidence of all premium
payments. Each provider of any such insurance required under this Section 6.7 shall agree, by endorsement upon the policy or policies issued by it or by independent instruments furnished to Bank, that it will give Bank thirty (30) days
prior written notice before any such policy or policies shall be materially altered or canceled. If Borrower fails to obtain insurance as required under this Section 6.7 or to pay any amount or furnish any required proof of payment to third
persons and Bank, Bank may make all or part of such payment or obtain such insurance policies required in this Section 6.7, and take any action under the policies Bank deems prudent. 

6.8    Operating Accounts. 

(a)    Maintain its primary and its Subsidiaries’ primary operating and other deposit accounts and securities
accounts with Bank, which accounts shall represent at least eighty-five percent (85%) of the dollar value of Borrower’s and such Subsidiaries accounts at all financial institutions. Borrower and its Subsidiaries may maintain cash in accounts
outside of Bank, so long as the aggregate amount of cash in such accounts does not at any time exceed Two Million Five Hundred Thousand Dollars ($2,500,000) (the “Foreign Accounts”). 

 (b)    Provide Bank five (5) days prior written notice before
establishing any Collateral Account at or with any bank or financial institution other than Bank or Bank’s Affiliates. For each Collateral Account that Borrower at any time maintains, Borrower shall cause the applicable bank or financial
institution (other than Bank) at or with which any Collateral Account is maintained to execute and deliver a Control Agreement or other appropriate instrument with respect to such Collateral Account to perfect Bank’s Lien in such Collateral
Account in accordance with the terms hereunder which Control Agreement may not be terminated without the prior written consent of Bank. The provisions of the previous sentence shall not apply to the Foreign Accounts or deposit accounts exclusively
used for payroll, payroll taxes, and other employee wage and benefit payments to or for the benefit of Borrower’s employees and identified to Bank by Borrower as such. 

6.9    Intentionally Omitted. 

6.10    Protection of Intellectual Property Rights. 

(a)     (i) Protect, defend and maintain the validity and enforceability of its Intellectual Property material to
Borrower’s business; (ii) promptly advise Bank in writing of known material infringements or any other event that could reasonably be expected to materially and adversely affect the value of its Intellectual Property; and (iii) not
allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent. 

(b)    Provide written notice to Bank within thirty (30) days of entering or becoming bound by any Restricted
License (other than over-the-counter software that is commercially available to the public). Borrower shall take such commercially reasonable steps as Bank reasonably
requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Bank to have a security interest in it that might otherwise be
restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral
in accordance with Bank’s rights and remedies under this Agreement and the other Loan Documents. 

6.11    Litigation Cooperation. From the date hereof and continuing through the termination of this
Agreement, make available to Bank, without expense to Bank, Borrower and its officers, employees and agents and Borrower’s books and records, to the extent that Bank may deem them reasonably necessary to prosecute or defend any third-party suit
or proceeding instituted by or against Bank with respect to any Collateral or relating to Borrower. 

6.12    Formation or Acquisition of Subsidiaries. Notwithstanding and without limiting the negative
covenants contained in Sections 7.3 and 7.7 hereof, at the time that Borrower or any Guarantor forms any direct or indirect Subsidiary or acquires any direct or indirect Subsidiary after the Effective Date, Borrower and such Guarantor shall
(a) cause such new Subsidiary to provide to Bank a joinder to the Loan Agreement to cause such Subsidiary to become 

 
a co-borrower hereunder, together with such appropriate financing statements and/or Control Agreements, all in form and substance satisfactory to Bank
(including being sufficient to grant Bank a first priority Lien (subject to Permitted Liens) in and to the assets of such newly formed or acquired Subsidiary), (b) provide to Bank appropriate certificates and powers and financing statements,
pledging all of the direct or beneficial ownership interest in such new Subsidiary, in form and substance satisfactory to Bank, and (c) provide to Bank all other documentation in form and substance satisfactory to Bank which in its opinion is
appropriate with respect to the execution and delivery of the applicable documentation referred to above. Any document, agreement, or instrument executed or issued pursuant to this Section 6.12 shall be a Loan Document. 

6.13    Further Assurances. Execute any further instruments and take further action as Bank reasonably
requests to perfect or continue Bank’s Lien in the Collateral or to effect the purposes of this Agreement. Deliver to Bank, within ten (10) Business Days after the same are sent or received, copies of all correspondence, reports, documents
and other filings with any Governmental Authority regarding compliance with or maintenance of Governmental Approvals or Requirements of Law or that could reasonably be expected to have a material effect on any of the Governmental Approvals or
otherwise on the operations of Borrower or any of its Subsidiaries. 
 7    NEGATIVE COVENANTS 

Borrower shall not do any of the following without Bank’s prior written consent: 

7.1    Dispositions. Convey, sell, lease, transfer, assign, or otherwise dispose of (collectively,
“Transfer”), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, except for Transfers (a) of Inventory in the ordinary course of business; (b) of
worn-out or obsolete Equipment that is, in the reasonable judgment of Borrower, no longer economically practicable to maintain or useful in the ordinary course of business of Borrower; (c) consisting of
Permitted Liens and Permitted Investments; (d) consisting of the sale or issuance of any stock of Borrower permitted under Section 7.2 of this Agreement; (e) consisting of Borrower’s use or transfer of money or Cash Equivalents
in a manner that is not prohibited by the terms of this Agreement or the other Loan Documents; (f) of non-exclusive licenses for the use of the property of Borrower or its Subsidiaries in the ordinary
course of business and licenses that could not result in a legal transfer of title of the licensed property but that may be exclusive in respects other than territory and that may be exclusive as to territory only as to discreet geographical areas
outside of the United States and (g) consisting of the use of cash in the ordinary course of business to the extent not otherwise prohibited hereunder. 

7.2    Changes in Business, Management, Control, or Business Locations. (a) Engage in or permit any of
its Subsidiaries to engage in any business other than the businesses currently engaged in by Borrower and such Subsidiary, as applicable, or reasonably related thereto; (b) liquidate or dissolve; (c) fail to provide notice to Bank of any
Key Person departing from or ceasing to be employed by Borrower within five (5) days after his/her departure from Borrower; or (d) permit or suffer any Change in Control. 

Borrower shall not, without at least thirty (30) days prior written notice to Bank: (1) add any new offices or business locations,
including warehouses (unless such new offices or business locations contain less than Twenty Thousand Dollars ($20,000) in Borrower’s assets or property) 

 
or deliver any portion of the Collateral valued, individually or in the aggregate, in excess of Twenty Thousand Dollars ($20,000) to a bailee at a location other than to a bailee and at a
location already disclosed in the Perfection Certificate, (2) change its jurisdiction of organization, (3) change its organizational structure or type, (4) change its legal name, or (5) change any organizational number (if any)
assigned by its jurisdiction of organization. If Borrower intends to deliver any portion of the Collateral valued, individually or in the aggregate, in excess of Twenty Thousand Dollars ($20,000) to a bailee, and Bank and such bailee are not already
parties to a bailee agreement governing both the Collateral and the location to which Borrower intends to deliver the Collateral, then Borrower will first receive the written consent of Bank, and such bailee shall execute and deliver a bailee
agreement in form and substance satisfactory to Bank. 
 7.3    Mergers or Acquisitions. Merge or
consolidate, or permit any of its Subsidiaries to merge or consolidate, with any other Person, or acquire, or permit any of its Subsidiaries to acquire, all or substantially all of the capital stock or property of another Person (including, without
limitation, by the formation of any Subsidiary). A Subsidiary may merge or consolidate into another Subsidiary or into Borrower. 

7.4    Indebtedness. Create, incur, assume, or be liable for any Indebtedness, or permit any Subsidiary to
do so, other than Permitted Indebtedness. 
 7.5    Encumbrance. Create, incur, allow, or suffer any Lien
on any of its property, or assign or convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens, permit any Collateral not to be subject to the first priority
security interest granted herein, or enter into any agreement, document, instrument or other arrangement (except with or in favor of Bank) with any Person which directly or indirectly prohibits or has the effect of prohibiting Borrower or any
Subsidiary from assigning, mortgaging, pledging, granting a security interest in or upon, or encumbering any of Borrower’s or any Subsidiary’s Intellectual Property, except as is otherwise permitted in Section 7.1 hereof and the
definition of “Permitted Liens” herein. 
 7.6    Maintenance of Collateral Accounts. Maintain
any Collateral Account except pursuant to the terms of Section 6.8(b) hereof. 
 7.7    Distributions;
Investments. (a) Pay any dividends or make any distribution or payment or redeem, retire or purchase any capital stock provided that (i) Borrower may convert any of its convertible securities into other securities pursuant to the terms
of such convertible securities or otherwise in exchange thereof, (ii) Borrower may pay dividends solely in common stock; and (iii) Borrower may repurchase the stock of former employees or consultants pursuant to stock repurchase agreements
so long as an Event of Default does not exist at the time of such repurchase and would not exist after giving effect to such repurchase, provided that the aggregate amount of all such repurchases does not exceed Two Hundred Fifty Thousand Dollars
($250,000) per fiscal year; or (b) directly or indirectly make any Investment (including, without limitation, by the formation of any Subsidiary) other than Permitted Investments, or permit any of its Subsidiaries to do so. 

7.8    Transactions with Affiliates. Directly or indirectly enter into or permit to exist any material
transaction with any Affiliate of Borrower, except for transactions that are in the ordinary course of Borrower’s business, upon fair and reasonable terms that are no less favorable to Borrower than would be obtained in an arm’s length
transaction with a non-affiliated Person. 

 7.9    Subordinated Debt. (a) Make or permit any
payment on any Subordinated Debt, except under the terms of the subordination, intercreditor, or other similar agreement to which such Subordinated Debt is subject (provided that a conversion of any Subordinated Debt to equity securities shall be
permitted), or (b) amend any provision in any document relating to the Subordinated Debt which would increase the amount thereof, provide for earlier or greater principal, interest, or other payments thereon, or adversely affect the
subordination thereof to Obligations owed to Bank. 
 7.10    Compliance. Become an “investment
company” or a company controlled by an “investment company”, under the Investment Company Act of 1940, as amended, or undertake as one of its important activities extending credit to purchase or carry margin stock (as defined in
Regulation U of the Board of Governors of the Federal Reserve System), or use the proceeds of any Credit Extension for that purpose; fail to (a) meet the minimum funding requirements of ERISA; (b) permit a Reportable Event or Prohibited
Transaction, as defined in ERISA to occur; or (c) fail to comply with the Federal Fair Labor Standards Act, the failure of any of the conditions described in clauses (a) through (c) which could reasonably be expected to have a material
adverse effect on Borrower’s business; or violate any other law or regulation, if the violation could reasonably be expected to have a material adverse effect on Borrower’s business, or permit any of its Subsidiaries to do so; withdraw or
permit any Subsidiary to withdraw from participation in, permit partial or complete termination of, or permit the occurrence of any other event with respect to, any present pension, profit sharing and deferred compensation plan which could
reasonably be expected to result in any liability of Borrower, including any liability to the Pension Benefit Guaranty Corporation or its successors or any other governmental agency. 

8    EVENTS OF DEFAULT 

Any one of the following shall constitute an event of default (an “Event of Default”) under this Agreement: 

8.1    Payment Default. Borrower fails to (a) make any payment of principal or interest on any Credit
Extension when due, or (b) pay any other Obligations within three (3) Business Days after such Obligations are due and payable (which three (3) Business Day cure period shall not apply to payments due on the Revolving Line Maturity
Date). During the cure period, the failure to make or pay any payment specified under clause (b) hereunder is not an Event of Default (but no Credit Extension will be made during the cure period); 

8.2    Covenant Default. 

(a)    Borrower fails or neglects to perform any obligation in Sections 6.2, 6.5, 6.7, 6.8, 6.9, 6.12, 6.13 or violates
any covenant in Section 7; or 
 (b)    Borrower fails or neglects to perform, keep, or observe any other term,
provision, condition, covenant or agreement contained in this Agreement or any Loan Documents, and as to any default (other than those specified in this Section 8) under such other 

 
term, provision, condition, covenant or agreement that can be cured, has failed to cure the default within ten (10) days after the occurrence thereof; provided, however, that if the default
cannot by its nature be cured within the ten (10) day period or cannot after diligent attempts by Borrower be cured within such ten (10) day period, and such default is likely to be cured within a reasonable time, then Borrower shall have
an additional period (which shall not in any case exceed thirty (30) days) to attempt to cure such default, and within such reasonable time period the failure to cure the default shall not be deemed an Event of Default (but no Credit Extensions
shall be made during such cure period). Cure periods provided under this section shall not apply, among other things, to financial covenants or any other covenants set forth in clause (a) above; 

8.3    Investor Support. There is a lack of Investor Support, as determined by Bank in its sole, but
reasonable discretion; 
 8.4    Attachment; Levy; Restraint on Business. 

(a)     (i) The service of process seeking to attach, by trustee or similar process, any funds of Borrower or of any
entity under the control of Borrower (including a Subsidiary), or (ii) a notice of lien or levy in excess of Two Hundred Fifty Thousand Dollars ($250,000) is filed against any of Borrower’s assets by any Governmental Authority, and the
same under subclauses (i) and (ii) hereof are not, within ten (10) days after the occurrence thereof, discharged or stayed (whether through the posting of a bond or otherwise); provided, however, no Credit Extensions shall be made during
any ten (10) day cure period; or 
 (b)     (i) any material portion of Borrower’s assets is attached,
seized, levied on, or comes into possession of a trustee or receiver, or (ii) any court order enjoins, restrains, or prevents Borrower from conducting all or any material part of its business; 

8.5    Insolvency. (a) Borrower or any of its Subsidiaries is unable to pay its debts (including trade
debts) as they become due or otherwise becomes insolvent; (b) Borrower or any of its Subsidiaries begins an Insolvency Proceeding; or (c) an Insolvency Proceeding is begun against Borrower or any of its Subsidiaries and is not dismissed or
stayed within thirty (30) days (but no Credit Extensions shall be made while any of the conditions described in clause (a) exist and/or until any Insolvency Proceeding is dismissed); 

8.6    Other Agreements. There is, under any agreement to which Borrower or any Guarantor is a party with a
third party or parties, (a) any default resulting in a right by such third party or parties, whether or not exercised, to accelerate the maturity of any Indebtedness in an amount individually or in the aggregate in excess of Two Hundred Fifty
Thousand Dollars ($250,000); or (b) any breach or default by Borrower or Guarantor, the result of which could have a material adverse effect on Borrower’s or any Guarantor’s business; 

8.7    Judgments; Penalties. One or more fines, penalties or final judgments, orders or decrees for the
payment of money in an amount, individually or in the aggregate, of at least Five Hundred Thousand Dollars ($500,000) (not covered by independent third-party insurance as to which liability has been accepted by such insurance carrier) shall be
rendered against Borrower by any Governmental Authority, and the same are not, within ten (10) days after the entry, assessment or issuance thereof, discharged, satisfied, or paid, or after execution thereof,

 
stayed or bonded pending appeal, or such judgments are not discharged prior to the expiration of any such stay (provided that no Credit Extensions will be made prior to the satisfaction, payment,
discharge, stay, or bonding of such fine, penalty, judgment, order or decree); 

8.8    Misrepresentations. Borrower or any Person acting for Borrower makes any representation, warranty, or
other statement now or later in this Agreement, any Loan Document or in any writing delivered to Bank or to induce Bank to enter this Agreement or any Loan Document, and such representation, warranty, or other statement is incorrect in any material
respect when made; 
 8.9    Subordinated Debt. Any document, instrument, or agreement evidencing any
Subordinated Debt shall for any reason be revoked or invalidated or otherwise cease to be in full force and effect, any Person shall be in breach thereof or contest in any manner the validity or enforceability thereof or deny that it has any further
liability or obligation thereunder, or the Obligations shall for any reason be subordinated or shall not have the priority contemplated by this Agreement or the applicable Subordination Agreement; 

8.10    Guaranty. (a) Any guaranty of any Obligations terminates or ceases for any reason to be in full
force and effect; (b) any Guarantor does not perform any obligation or covenant under any guaranty of the Obligations; (c) any circumstance described in Sections 8.3, 8.4, 8.5, 8.7, or 8.8 occurs with respect to any Guarantor, (d) the
liquidation, winding up, or termination of existence of any Guarantor; or (e) (i) a material impairment in the perfection or priority of Bank’s Lien in the collateral provided by Guarantor or in the value of such collateral or (ii) a
material adverse change in the general affairs, management, results of operation, condition (financial or otherwise) or the prospect of repayment of the Obligations occurs with respect to any Guarantor; or 

8.11    Governmental Approvals. Any Governmental Approval shall have been (a) revoked, rescinded,
suspended, modified in an adverse manner or not renewed in the ordinary course for a full term or (b) subject to any decision by a Governmental Authority that designates a hearing with respect to any applications for renewal of any of such
Governmental Approval or that could result in the Governmental Authority taking any of the actions described in clause (a) above, and such decision or such revocation, rescission, suspension, modification or
non-renewal (i) cause, or could reasonably be expected to cause, a Material Adverse Change, or (ii) adversely affects the legal qualifications of Borrower or any of its Subsidiaries to hold such
Governmental Approval in any applicable jurisdiction and such revocation, rescission, suspension, modification or non-renewal could reasonably be expected to affect the status of or legal qualifications of
Borrower or any of its Subsidiaries to hold any Governmental Approval in any other jurisdiction. 

9    BANK’S RIGHTS AND REMEDIES 

9.1    Rights and Remedies. Upon the occurrence and during the continuance of an Event of Default, Bank may,
without notice or demand, do any or all of the following: 
 (a)    declare all Obligations immediately due and payable
(but if an Event of Default described in Section 8.5 occurs all Obligations are immediately due and payable without any action by Bank); 

 (b)    stop advancing money or extending credit for Borrower’s
benefit under this Agreement or under any other agreement between Borrower and Bank; 
 (c)    demand that Borrower
(i) deposit cash with Bank in an amount equal to (x) if such Letters of Credit are denominated in Dollars, then at least one hundred five percent (105.0%); and (y) if such Letters of Credit are denominated in a Foreign Currency, then
at least one hundred ten percent (110.0%), of the Dollar Equivalent of the aggregate face amount of all Letters of Credit remaining undrawn (plus all interest, fees, and costs due or to become due in connection therewith (as estimated by Bank in its
good faith business judgment)), to secure all of the Obligations relating to such Letters of Credit, as collateral security for the repayment of any future drawings under such Letters of Credit, and Borrower shall forthwith deposit and pay such
amounts, and (ii) pay in advance all letter of credit fees scheduled to be paid or payable over the remaining term of any Letters of Credit; 

(d)    terminate any FX Contracts; 

(e)    verify the amount of, demand payment of and performance under, and collect any Accounts and General Intangibles,
settle or adjust disputes and claims directly with Account Debtors for amounts on terms and in any order that Bank considers advisable, and notify any Person owing Borrower money of Bank’s security interest in such funds; 

(f)    make any payments and do any acts it considers necessary or reasonable to protect the Collateral and/or its
security interest in the Collateral. Borrower shall assemble the Collateral if Bank requests and make it available as Bank designates. Bank may enter premises where the Collateral is located, take and maintain possession of any part of the
Collateral, and pay, purchase, contest, or compromise any Lien which appears to be prior or superior to its security interest and pay all expenses incurred. Borrower grants Bank a license to enter and occupy any of its premises, without charge, to
exercise any of Bank’s rights or remedies; 
 (g)    apply to the Obligations any (i) balances and deposits
of Borrower it holds, or (ii) any amount held by Bank owing to or for the credit or the account of Borrower; 

(h)    ship, reclaim, recover, store, finish, maintain, repair, prepare for sale, advertise for sale, and sell the
Collateral. Bank is hereby granted a non-exclusive, royalty-free license or other right to use, without charge, Borrower’s labels, Patents, Copyrights, mask works, rights of use of any name, trade
secrets, trade names, Trademarks, and advertising matter, or any similar property as it pertains to the Collateral, in completing production of, advertising for sale, and selling any Collateral and, in connection with Bank’s exercise of its
rights under this Section, Borrower’s rights under all licenses and all franchise agreements inure to Bank’s benefit; 

(i)    place a “hold” on any account maintained with Bank and/or deliver a notice of exclusive control, any
entitlement order, or other directions or instructions pursuant to any Control Agreement or similar agreements providing control of any Collateral; 

(j)    demand and receive possession of Borrower’s Books; and 

 (k)    exercise all rights and remedies available to Bank under the
Loan Documents or at law or equity, including all remedies provided under the Code (including disposal of the Collateral pursuant to the terms thereof). 

9.2    Power of Attorney. Borrower hereby irrevocably appoints Bank as its lawful attorney-in-fact, exercisable upon the occurrence and during the continuance of an Event of Default, to: (a) endorse Borrower’s name on any checks or other forms of
payment or security; (b) sign Borrower’s name on any invoice or bill of lading for any Account or drafts against Account Debtors; (c) settle and adjust disputes and claims about the Accounts directly with Account Debtors, for amounts
and on terms Bank determines reasonable; (d) make, settle, and adjust all claims under Borrower’s insurance policies; (e) pay, contest or settle any Lien, charge, encumbrance, security interest, and adverse claim in or to the
Collateral, or any judgment based thereon, or otherwise take any action to terminate or discharge the same; and (f) transfer the Collateral into the name of Bank or a third party as the Code permits. Borrower hereby appoints Bank as its lawful attorney-in-fact to sign Borrower’s name on any documents necessary to perfect or continue the perfection of Bank’s security interest in the Collateral regardless of
whether an Event of Default has occurred until all Obligations have been satisfied in full and Bank is under no further obligation to make Credit Extensions hereunder. Bank’s foregoing appointment as Borrower’s attorney in fact, and all of
Bank’s rights and powers, coupled with an interest, are irrevocable until all Obligations have been fully repaid and performed and Bank’s obligation to provide Credit Extensions terminates. 

9.3    Protective Payments. If Borrower fails to obtain the insurance called for by Section 6.7 or
fails to pay any premium thereon or fails to pay any other amount which Borrower is obligated to pay under this Agreement or any other Loan Document or which may be required to preserve the Collateral, Bank may obtain such insurance or make such
payment, and all amounts so paid by Bank are Bank Expenses and immediately due and payable, bearing interest at the then highest rate applicable to the Obligations, and secured by the Collateral. Bank will make reasonable efforts to provide Borrower
with notice of Bank obtaining such insurance at the time it is obtained or within a reasonable time thereafter. No payments by Bank are deemed an agreement to make similar payments in the future or Bank’s waiver of any Event of Default. 

9.4    Application of Payments and Proceeds. If an Event of Default has occurred and is continuing, Bank
shall have the right to apply in any order any funds in its possession, whether from Borrower account balances, payments, proceeds realized as the result of any collection of Accounts or other disposition of the Collateral, or otherwise, to the
Obligations. Bank shall pay any surplus to Borrower by credit to the Designated Deposit Account or to other Persons legally entitled thereto; Borrower shall remain liable to Bank for any deficiency. If Bank, directly or indirectly, enters into a
deferred payment or other credit transaction with any purchaser at any sale of Collateral, Bank shall have the option, exercisable at any time, of either reducing the Obligations by the principal amount of the purchase price or deferring the
reduction of the Obligations until the actual receipt by Bank of cash therefor. 
 9.5    Bank’s
Liability for Collateral. So long as Bank complies with reasonable banking practices regarding the safekeeping of the Collateral in the possession or under the control of Bank, Bank shall not be liable or responsible for: (a) the
safekeeping of the Collateral; (b) any loss or damage to the Collateral; (c) any diminution in the value of the Collateral; or (d) any act or default of any carrier, warehouseman, bailee, or other Person. Borrower bears all risk of
loss, damage or destruction of the Collateral. 

 9.6    No Waiver; Remedies Cumulative. Bank’s
failure, at any time or times, to require strict performance by Borrower of any provision of this Agreement or any other Loan Document shall not waive, affect, or diminish any right of Bank thereafter to demand strict performance and compliance
herewith or therewith. No waiver hereunder shall be effective unless signed by the party granting the waiver and then is only effective for the specific instance and purpose for which it is given. Bank’s rights and remedies under this Agreement
and the other Loan Documents are cumulative. Bank has all rights and remedies provided under the Code, by law, or in equity. Bank’s exercise of one right or remedy is not an election and shall not preclude Bank from exercising any other remedy
under this Agreement or other remedy available at law or in equity, and Bank’s waiver of any Event of Default is not a continuing waiver. Bank’s delay in exercising any remedy is not a waiver, election, or acquiescence. 

9.7    Demand Waiver. Borrower waives demand, notice of default or dishonor, notice of payment and
nonpayment, notice of any default, nonpayment at maturity, release, compromise, settlement, extension, or renewal of accounts, documents, instruments, chattel paper, and guarantees held by Bank on which Borrower is liable. 

10    NOTICES 

All notices, consents, requests, approvals, demands, or other communication by any party to this Agreement or any other Loan Document must be
in writing and shall be deemed to have been validly served, given, or delivered: (a) upon the earlier of actual receipt and three (3) Business Days after deposit in the U.S. mail, first class, registered or certified mail return receipt
requested, with proper postage prepaid; (b) upon transmission, when sent by electronic mail or facsimile transmission; (c) one (1) Business Day after deposit with a reputable overnight courier with all charges prepaid; or (d) when
delivered, if hand-delivered by messenger, all of which shall be addressed to the party to be notified and sent to the address, facsimile number, or email address indicated below. Bank or Borrower may change its mailing or electronic mail address or
facsimile number by giving the other party written notice thereof in accordance with the terms of this Section 10. 
  

					
		 	 If to Borrower:
	 	SUMO LOGIC, INC.
		 		 	305 Main Street
		 		 	Redwood City, CA 90463
		 		 	Attn: Ramin Sayar, President
		 		 	Email: ***
			
		 		 	and
			
		 		 	SUMO LOGIC, INC.
		 		 	305 Main Street
		 		 	Redwood City, CA 90463
		 		 	Attn: Rick Hasselman, VP Finance
		 		 	Email: ***

					
		 	 If to Bank:
	 	Silicon Valley Bank
		 		 	555 Mission Street, Suite 900
		 		 	San Francisco, CA 94105
		 		 	Attn: Marina Bobrovich
		 		 	Email: ***

 11    CHOICE OF LAW, VENUE, JURY TRIAL WAIVER AND JUDICIAL REFERENCE 

Except as otherwise expressly provided in any of the Loan Documents, California law governs the Loan Documents without regard to principles of
conflicts of law. Borrower and Bank each submit to the exclusive jurisdiction of the State and Federal courts in Santa Clara County, California; provided, however, that nothing in this Agreement shall be deemed to operate to preclude Bank from
bringing suit or taking other legal action in any other jurisdiction to realize on the Collateral or any other security for the Obligations, or to enforce a judgment or other court order in favor of Bank. Borrower expressly submits and consents in
advance to such jurisdiction in any action or suit commenced in any such court, and Borrower hereby waives any objection that it may have based upon lack of personal jurisdiction, improper venue, or forum non conveniens and hereby consents to the
granting of such legal or equitable relief as is deemed appropriate by such court. Borrower hereby waives personal service of the summons, complaints, and other process issued in such action or suit and agrees that service of such summons,
complaints, and other process may be made by registered or certified mail addressed to Borrower at the address set forth in, or subsequently provided by Borrower in accordance with, Section 10 of this Agreement and that service so made shall be
deemed completed upon the earlier to occur of Borrower’s actual receipt thereof or three (3) days after deposit in the U.S. mails, proper postage prepaid. 

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, BORROWER AND BANK EACH WAIVE THEIR RIGHT TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION
ARISING OUT OF OR BASED UPON THIS AGREEMENT, THE LOAN DOCUMENTS OR ANY CONTEMPLATED TRANSACTION, INCLUDING CONTRACT, TORT, BREACH OF DUTY AND ALL OTHER CLAIMS. THIS WAIVER IS A MATERIAL INDUCEMENT FOR BOTH PARTIES TO ENTER INTO THIS AGREEMENT. EACH
PARTY HAS REVIEWED THIS WAIVER WITH ITS COUNSEL. 
 WITHOUT INTENDING IN ANY WAY TO LIMIT THE PARTIES’ AGREEMENT TO WAIVE THEIR
RESPECTIVE RIGHT TO A TRIAL BY JURY, if the above waiver of the right to a trial by jury is not enforceable, the parties hereto agree that any and all disputes or controversies of any nature between them arising at any time shall be decided by a
reference to a private judge, mutually selected by the parties (or, if they cannot agree, by the Presiding Judge of the Santa Clara County, California Superior Court) appointed in accordance with California Code of Civil Procedure § 638 (or
pursuant to comparable provisions of federal law if the dispute falls within the exclusive jurisdiction of the federal courts), sitting without a jury, in Santa Clara County, California; and the parties hereby submit to the jurisdiction of such
court. The reference proceedings shall be conducted pursuant to and in accordance with the provisions of California Code of Civil Procedure Sections 638 through 645.1, inclusive. The private judge shall have the power, among others, to grant
provisional relief, including without limitation, entering temporary 

 
restraining orders, issuing preliminary and permanent injunctions and appointing receivers. All such proceedings shall be closed to the public and confidential and all records relating thereto
shall be permanently sealed. If during the course of any dispute, a party desires to seek provisional relief, but a judge has not been appointed at that point pursuant to the judicial reference procedures, then such party may apply to the Santa
Clara County, California Superior Court for such relief. The proceeding before the private judge shall be conducted in the same manner as it would be before a court under the rules of evidence applicable to judicial proceedings. The parties shall be
entitled to discovery which shall be conducted in the same manner as it would be before a court under the rules of discovery applicable to judicial proceedings. The private judge shall oversee discovery and may enforce all discovery rules and orders
applicable to judicial proceedings in the same manner as a trial court judge. The parties agree that the selected or appointed private judge shall have the power to decide all issues in the action or proceeding, whether of fact or of law, and shall
report a statement of decision thereon pursuant to California Code of Civil Procedure Section 644(a). Nothing in this paragraph shall limit the right of any party at any time to exercise self-help remedies, foreclose against collateral, or
obtain provisional remedies. The private judge shall also determine all issues relating to the applicability, interpretation, and enforceability of this paragraph. 

This Section 11 shall survive the termination of this Agreement. 

12    GENERAL PROVISIONS 

12.1    Termination Prior to Revolving Line Maturity Date; Survival. All covenants, representations and
warranties made in this Agreement continue in full force until this Agreement has terminated pursuant to its terms and all Obligations have been satisfied. So long as Borrower has satisfied the Obligations (other than inchoate indemnity obligations,
any other obligations which, by their terms, are to survive the termination of this Agreement, and any Obligations under Bank Services Agreements that are cash collateralized in accordance with Section 4.1 of this Agreement), this Agreement may
be terminated prior to the Revolving Line Maturity Date by Borrower, effective three (3) Business Days after written notice of termination is given to Bank. Those obligations that are expressly specified in this Agreement as surviving this
Agreement’s termination shall continue to survive notwithstanding this Agreement’s termination. Notwithstanding the foregoing, prior to the occurrence of an Event of Default hereunder, Bank shall not assign any interest in the Loan
Documents to a direct competitor of Borrower. 
 12.2    Successors and Assigns. This Agreement binds and
is for the benefit of the successors and permitted assigns of each party. Borrower may not assign this Agreement or any rights or obligations under it without Bank’s prior written consent (which may be granted or withheld in Bank’s
discretion). Bank has the right, without the consent of or notice to Borrower, to sell, transfer, assign, negotiate, or grant participation in all or any part of, or any interest in, Bank’s obligations, rights, and benefits under this Agreement
and the other Loan Documents (other than the Warrant, as to which assignment, transfer and other such actions are governed by the terms thereof). 

12.3    Indemnification. Borrower agrees to indemnify, defend and hold Bank and its directors, officers,
employees, agents, attorneys, or any other Person affiliated with or representing Bank (each, an “Indemnified Person”) harmless against: (i) all obligations, demands, 

 
claims, and liabilities (collectively, “Claims”) claimed or asserted by any other party in connection with the transactions contemplated by the Loan Documents; and (ii) all
losses or expenses (including Bank Expenses) in any way suffered, incurred, or paid by such Indemnified Person as a result of, following from, consequential to, or arising from transactions between Bank and Borrower (including reasonable
attorneys’ fees and expenses), except for Claims and/or losses directly caused by such Indemnified Person’s gross negligence or willful misconduct. 

This Section 12.3 shall survive until all statutes of limitation with respect to the Claims, losses, and expenses for which indemnity is
given shall have run. 
 12.4    Time of Essence. Time is of the essence for the performance of all
Obligations in this Agreement. 
 12.5    Severability of Provisions. Each provision of this Agreement is
severable from every other provision in determining the enforceability of any provision. 
 12.6    Correction
of Loan Documents. Bank may correct patent errors and fill in any blanks in the Loan Documents consistent with the agreement of the parties. 

12.7    Amendments in Writing; Waiver; Integration. No purported amendment or modification of any Loan
Document, or waiver, discharge or termination of any obligation under any Loan Document, shall be enforceable or admissible unless, and only to the extent, expressly set forth in a writing signed by the party against which enforcement or admission
is sought. Without limiting the generality of the foregoing, no oral promise or statement, nor any action, inaction, delay, failure to require performance or course of conduct shall operate as, or evidence, an amendment, supplement or waiver or have
any other effect on any Loan Document. Any waiver granted shall be limited to the specific circumstance expressly described in it, and shall not apply to any subsequent or other circumstance, whether similar or dissimilar, or give rise to, or
evidence, any obligation or commitment to grant any further waiver. The Loan Documents represent the entire agreement about this subject matter and supersede prior negotiations or agreements. All prior agreements, understandings, representations,
warranties, and negotiations between the parties about the subject matter of the Loan Documents merge into the Loan Documents. 

12.8    Counterparts. This Agreement may be executed in any number of counterparts and by different parties
on separate counterparts, each of which, when executed and delivered, is an original, and all taken together, constitute one Agreement. 

12.9    Confidentiality. In handling any confidential information, Bank shall exercise the same degree of
care that it exercises for its own proprietary information, but disclosure of information may be made: (a) to Bank’s Subsidiaries or Affiliates (such Subsidiaries and Affiliates, together with Bank, collectively, “Bank
Entities”); (b) to prospective transferees or purchasers of any interest in the Credit Extensions (provided, however, Bank shall obtain any prospective transferee’s or purchaser’s agreement to the terms of this provision); (c) as
required by law, regulation, subpoena, or other order; (d) to Bank’s regulators or as otherwise required in connection with Bank’s examination or audit; (e) as Bank considers appropriate in exercising remedies under the Loan
Documents; and (f) to third-party service providers of Bank so long as 

 
such service providers have executed a confidentiality agreement with Bank with terms no less restrictive than those contained herein. Confidential information does not include information that
is either: (i) in the public domain or in Bank’s possession when disclosed to Bank, or becomes part of the public domain (other than as a result of its disclosure by Bank in violation of this Agreement) after disclosure to Bank; or
(ii) disclosed to Bank by a third party, if Bank does not know that the third party is prohibited from disclosing the information. 

Bank Entities may use confidential information for the development of databases, reporting purposes, and market analysis so long as such
confidential information is aggregated and anonymized prior to distribution unless otherwise expressly permitted by Borrower. The provisions of the immediately preceding sentence shall survive the termination of this Agreement. 

12.10    Attorneys’ Fees, Costs and Expenses. In any action or proceeding between Borrower and Bank
arising out of or relating to the Loan Documents, the prevailing party shall be entitled to recover its reasonable attorneys’ fees and other costs and expenses incurred, in addition to any other relief to which it may be entitled. 

12.11    Electronic Execution of Documents. The words “execution,” “signed,”
“signature” and words of like import in any Loan Document shall be deemed to include electronic signatures or the keeping of records in electronic form, each of which shall be of the same legal effect, validity and enforceability as a
manually executed signature or the use of a paper-based recordkeeping systems, as the case may be, to the extent and as provided for in any applicable law, including, without limitation, any state law based on the Uniform Electronic Transactions
Act. 
 12.12    Captions. The headings used in this Agreement are for convenience only and shall not
affect the interpretation of this Agreement. 
 12.13    Construction of Agreement. The parties mutually
acknowledge that they and their attorneys have participated in the preparation and negotiation of this Agreement. In cases of uncertainty this Agreement shall be construed without regard to which of the parties caused the uncertainty to exist. 

12.14    Relationship. The relationship of the parties to this Agreement is determined solely by the
provisions of this Agreement. The parties do not intend to create any agency, partnership, joint venture, trust, fiduciary or other relationship with duties or incidents different from those of parties to an
arm’s-length contract. 
 12.15    Third Parties. Nothing in
this Agreement, whether express or implied, is intended to: (a) confer any benefits, rights or remedies under or by reason of this Agreement on any persons other than the express parties to it and their respective permitted successors and
assigns; (b) relieve or discharge the obligation or liability of any person not an express party to this Agreement; or (c) give any person not an express party to this Agreement any right of subrogation or action against any party to this
Agreement. 
 13    DEFINITIONS 

13.1    Definitions. As used in the Loan Documents, the word “shall” is mandatory, the word
“may” is permissive, the word “or” is not exclusive, the words “includes” 

 
and “including” are not limiting, the singular includes the plural, and numbers denoting amounts that are set off in brackets are negative. As used in this Agreement, the following
capitalized terms have the following meanings: 
 “Account” is any “account” as defined in the Code with such
additions to such term as may hereafter be made, and includes, without limitation, all accounts receivable and other sums owing to Borrower. 

“Account Debtor” is any “account debtor” as defined in the Code with such additions to such term as may hereafter
be made. 
 “Adjusted Quick Ratio” a ratio of Quick Assets to Current Liabilities. 

“Advance” or “Advances” means a revolving credit loan (or revolving credit loans) under the Revolving Line.

 “Affiliate” is, with respect to any Person, each other Person that owns or controls directly or indirectly the Person,
any Person that controls or is controlled by or is under common control with the Person, and each of that Person’s senior executive officers, directors, partners and, for any Person that is a limited liability company, that Person’s
managers and members. 
 “Agreement” is defined in the preamble hereof. 

“Authorized Signer” is any individual listed in Borrower’s Borrowing Resolution who is authorized to execute the Loan
Documents, including any Advance request, on behalf of Borrower. 
 “Availability Amount” is the lesser of (i) the
Revolving Line or (ii) Borrower’s MRR (measured on an average trailing three (3) month basis) multiplied by the Advance Rate, minus, in each case, (y) the aggregate Dollar Equivalent amount utilized by Borrower for outstanding,
but undrawn Letters of Credit under the Letter of Credit Sublimit plus any Letter of Credit Reserve and (z) the aggregate borrowing limits requested by Borrower for Cash Management Services under the Cash Management Services Sublimit (which
shall not, at any time, exceed Two Million Five Hundred Thousand Dollars ($2,500,000)). 
 The following definitions are utilized in
calculating and determining the Availability Amount: 
 “Advance Rate” is four (4) multiplied by the
Retention Percentage. The Advance Rate shall be calculated by Bank based on information provided by Borrower and reasonably acceptable to Bank, in its sole discretion. Bank reserves the right to change the foregoing percentages in its sole, but
reasonable discretion, based on, the results of the audit of the Borrower’s Collateral in accordance with Section 6.6 hereof and/or any loss in revenue or number of unique Accounts of Borrower. 

“Annualized Churn Rate” is, as of any date of determination, the percentage obtained by dividing (i) the
quotient of (A) the sum of MRR lost during the three (3) month period ending on such date of determination minus upsell MRR during such period plus downsell MRR during such period divided by (B) three (3) by
(ii) total MRR as of the first 

 
day of such three (3) month period, multiplied by twelve (12). For the avoidance of doubt, any negative Annualized Churn Rate shall be deemed to be zero (0). For example, if Borrower had Ten
Million Dollars ($10,000,000) of MRR as of January 1, 2016 and, during the three (3) month period ending on March 31, 2016, lost Two Hundred Thousand Dollars ($200,000) of MRR but had Fifty Thousand Dollars ($50,000) of MRR from
upsells and One Hundred Fifty Thousand Dollars ($150,000) of MRR from downsells, the Annualized Churn Rate for the period ending March 31, 2016 would be 12% calculated as follows: 

 

			
	$200,000 minus $50,000 plus $150,000
	 $10,000,000 = 3%; then

 

	3%
	 3   = 1%; then

 

	1% x 12 = 12%

 “Eligible Customer Accounts” means Accounts invoiced by Borrower generated
from expected receipt of MRR that (i) meet all of Borrower’s representations and warranties described in Section 5.3 and (ii) are or may be due and owing from Account Debtors deemed acceptable to Bank in its sole discretion;
provided that Bank reserves the right at any time and from time to time to exclude and/or remove any Account from the definition of Eligible Customer Accounts, in its sole, but reasonable discretion. 

“MRR” is the trailing one (1) month revenue of Borrower received or anticipated (after giving effect to
any recurring discounts, credits and customer adjustments) from the execution or the anticipated execution of customer and partner contracts, programs and any services in the ordinary course of Borrower’s business and specifically excluding
revenue or accounts receivable based on (i) sales of inventory, goods, or equipment, (ii) transaction revenue not received in the ordinary course of business, (iii) sales of services not in the ordinary course of business (except that
this clause is not intended to exclude Borrower’s revenue from the sale of premium services and/or support), (iv) revenue received due to one-time, non-recurring
transactions, installation and/or set-up fees, and (v) add-on purchases by Borrower’s existing customers not resulting in a continuing stream of revenue. 

“Retention Percentage” is, as of any date of determination, one hundred percent (100%) minus the Annualized
Churn Rate. 
 “Bank” is defined in the preamble hereof. 

“Bank Entities” is defined in Section 12.9. 

“Bank Expenses” are all Audit Fees and expenses, costs, and expenses (including reasonable attorneys’ fees and expenses)
for preparing, amending, negotiating, administering, defending and enforcing the Loan Documents (including, without limitation, those incurred in connection with appeals or Insolvency Proceedings) or otherwise incurred with respect to Borrower or
any Guarantor. 

 “Bank Services” are any products, credit services, and/or financial
accommodations previously, now, or hereafter provided to Borrower or any of its Subsidiaries by Bank or any Bank Affiliate, including, without 

limitation, any letters of credit, cash management services (including, without limitation, merchant services, direct deposit of payroll,
business credit cards, and check cashing services), interest rate swap arrangements, and foreign exchange services as any such products or services may be identified in Bank’s various agreements related thereto (each, a “Bank Services
Agreement”). 
 “Borrower” is defined in the preamble hereof. 

“Borrower’s Books” are all Borrower’s books and records including ledgers, federal and state tax returns, records
regarding Borrower’s assets or liabilities, the Collateral, business operations or financial condition, and all computer programs or storage or any equipment containing such information. 

“Borrowing Resolutions” are, with respect to any Person, those resolutions substantially in the form attached hereto as
Exhibit B. 
 “Business Day” is any day that is not a Saturday, Sunday or a day on which Bank is closed. 

“Cash Equivalents” means (a) marketable direct obligations issued or unconditionally guaranteed by the United States or
any agency or any State thereof having maturities of not more than one (1) year from the date of acquisition; (b) commercial paper maturing no more than one (1) year after its creation and having the highest rating from either
Standard & Poor’s Ratings Group or Moody’s Investors Service, Inc.; (c) Bank’s certificates of deposit issued maturing no more than one (1) year after issue; and (d) money market funds at least ninety-five percent
(95%) of the assets of which constitute Cash Equivalents of the kinds described in clauses (a) through (c) of this definition. 

“Change in Control” means (a) at any time, any “person” or “group” (as such terms are used in
Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), shall become, or obtain rights (whether by means or warrants, options or otherwise) to become, the “beneficial
owner” (as defined in Rules 13(d)-3 and 13(d)-5 under the Exchange Act), directly or indirectly, of twenty-five percent (25%) or more of the ordinary voting power
for the election of directors of Borrower (determined on a fully diluted basis) other than by the sale of Borrower’s equity securities in a public offering or to venture capital or private equity investors so long as Borrower identifies to Bank
the venture capital or private equity investors at least seven (7) Business Days prior to the closing of the transaction and provides to Bank a description of the material terms of the transaction; (b) during any period of 12 consecutive
months, a majority of the members of the board of directors or other equivalent governing body of Borrower cease to be composed of individuals (i) who were members of that board or equivalent governing body on the first day of such period,
(ii) whose election or nomination to that board or equivalent governing body was approved by individuals referred to in clause (i) above constituting at the time of such election or nomination at least a majority of that board or
equivalent governing body or (iii) whose election or nomination to that board or other equivalent governing body was 

 
approved by individuals referred to in clauses (i) and (ii) above constituting at the time of such election or nomination at least a majority of that board or equivalent governing body; or
(c) at any time, Borrower shall cease to own and control, of record and beneficially, directly or indirectly, one hundred percent (100%) of each class of outstanding capital stock of each subsidiary of Borrower free and clear of all Liens
(except Liens created by this Agreement). 
 “Claims” is defined in Section 12.3. 

“Code” is the Uniform Commercial Code, as the same may, from time to time, be enacted and in effect in the State of
California; provided, that, to the extent that the Code is used to define any term herein or in any Loan Document and such term is defined differently in different Articles or Divisions of the Code, the definition of such term contained in Article
or Division 9 shall govern; provided further, that in the event that, by reason of mandatory provisions of law, any or all of the attachment, perfection, or priority of, or remedies with respect to, Bank’s Lien on any Collateral is governed by
the Uniform Commercial Code in effect in a jurisdiction other than the State of California, the term “Code” shall mean the Uniform Commercial Code as enacted and in effect in such other jurisdiction solely for purposes of the
provisions thereof relating to such attachment, perfection, priority, or remedies and for purposes of definitions relating to such provisions. 

“Collateral” is any and all properties, rights and assets of Borrower described on Exhibit A. 

“Collateral Account” is any Deposit Account, Securities Account, or Commodity Account. 

“Commodity Account” is any “commodity account” as defined in the Code with such additions to such term as may
hereafter be made. 
 “Compliance Certificate” is that certain certificate in the form attached hereto as Exhibit C. 

“Contingent Obligation” is, for any Person, any direct or indirect liability, contingent or not, of that Person for
(a) any indebtedness, lease, dividend, letter of credit or other obligation of another such as an obligation, in each case, directly or indirectly guaranteed, endorsed, co-made, discounted or sold with
recourse by that Person, or for which that Person is directly or indirectly liable; (b) any obligations for undrawn letters of credit for the account of that Person; and (c) all obligations from any interest rate, currency or commodity
swap agreement, interest rate cap or collar agreement, or other agreement or arrangement designated to protect a Person against fluctuation in interest rates, currency exchange rates or commodity prices; but “Contingent Obligation” does
not include endorsements in the ordinary course of business. The amount of a Contingent Obligation is the stated or determined amount of the primary obligation for which the Contingent Obligation is made or, if not determinable, the maximum
reasonably anticipated liability for it determined by the Person in good faith; but the amount may not exceed the maximum of the obligations under any guarantee or other support arrangement. 

“Control Agreement” is any control agreement entered into among the depository institution at which Borrower maintains a
Deposit Account or the securities intermediary or 

 
commodity intermediary at which Borrower maintains a Securities Account or a Commodity Account, Borrower, and Bank pursuant to which Bank obtains control (within the meaning of the Code) over
such Deposit Account, Securities Account, or Commodity Account. 
 “Copyrights” are any and all copyright rights, copyright
applications, copyright registrations and like protections in each work of authorship and derivative work thereof, whether published or unpublished and whether or not the same also constitutes a trade secret. 

“Credit Extension” is any Advance, any Overadvance, Letter of Credit, FX Contract, amount utilized for Cash Management
Services, or any other extension of credit by Bank for Borrower’s benefit. 
 “Currency” is coined money and such
other banknotes or other paper money as are authorized by law and circulate as a medium of exchange. 
 “Current
Liabilities” are all obligations and liabilities of Borrower to Bank, plus, without duplication, the aggregate amount of Borrower’s Total Liabilities that mature within one (1) year, less any deferred revenue balances. 

“Default Rate” is defined in Section 2.3(b). 

“Deposit Account” is any “deposit account” as defined in the Code with such additions to such term as may hereafter
be made. 
 “Designated Deposit Account” is the multicurrency account denominated in Dollars, account number
                    , maintained by Borrower with Bank. 

“Dollars,” “dollars” or use of the sign “$” means only lawful money of the United States
and not any other currency, regardless of whether that currency uses the “$” sign to denote its currency or may be readily converted into lawful money of the United States. 

“Dollar Equivalent” is, at any time, (a) with respect to any amount denominated in Dollars, such amount, and
(b) with respect to any amount denominated in a Foreign Currency, the equivalent amount therefor in Dollars as determined by Bank at such time on the basis of the then-prevailing rate of exchange in San Francisco, California, for sales of the
Foreign Currency for transfer to the country issuing such Foreign Currency. 
 “Effective Date” is defined in the preamble
hereof. 
 “Equipment” is all “equipment” as defined in the Code with such additions to such term as may
hereafter be made, and includes without limitation all machinery, fixtures, goods, vehicles (including motor vehicles and trailers), and any interest in any of the foregoing. 

“ERISA” is the Employee Retirement Income Security Act of 1974, and its regulations. 

“Event of Default” is defined in Section 8. 

“Exchange Act” is the Securities Exchange Act of 1934, as amended. 

 “Foreign Currency” means lawful money of a country other than the United
States. 
 “Funding Date” is any date on which a Credit Extension is made to or for the account of Borrower which shall be
a Business Day. 
 “FX Contract” is any foreign exchange contract by and between Borrower and Bank under which Borrower
commits to purchase from or sell to Bank a specific amount of Foreign Currency on a specified date. 
 “GAAP” is generally
accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or
in such other statements by such other Person as may be approved by a significant segment of the accounting profession, which are applicable to the circumstances as of the date of determination. 

“General Intangibles” is all “general intangibles” as defined in the Code in effect on the date hereof with such
additions to such term as may hereafter be made, and includes without limitation, all Intellectual Property, claims, income and other tax refunds, security and other deposits, payment intangibles, contract rights, options to purchase or sell real or
personal property, rights in all litigation presently or hereafter pending (whether in contract, tort or otherwise), insurance policies (including without limitation key man, property damage, and business interruption insurance), payments of
insurance and rights to payment of any kind. 
 “Governmental Approval” is any consent, authorization, approval, order,
license, franchise, permit, certificate, accreditation, registration, filing or notice, of, issued by, from or to, or other act by or in respect of, any Governmental Authority. 

“Governmental Authority” is any nation or government, any state or other political subdivision thereof, any agency,
authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative functions of or pertaining to government, any securities exchange and any
self-regulatory organization. 
 “Guarantor” is any Person providing a Guaranty in favor of Bank. 

“Guaranty” is any guarantee of all or any part of the Obligations, as the same may from time to time be amended, restated,
modified or otherwise supplemented. 
 “Indebtedness” is (a) indebtedness for borrowed money or the deferred price of
property or services, such as reimbursement and other obligations for surety bonds and letters of credit, (b) obligations evidenced by notes, bonds, debentures or similar instruments, (c) capital lease obligations, and (d) Contingent
Obligations. 
 “Indemnified Person” is defined in Section 12.3. 

“Initial Audit” is Bank’s inspection of the Collateral, and Borrower’s Books. 

 “Initial Warrant” is that certain Warrant to Purchase Stock dated as of the
Effective Date executed by Borrower in favor of Bank. 
 “Insolvency Proceeding” is any proceeding by or against any Person
under the United States Bankruptcy Code, or any other bankruptcy or insolvency law, including assignments for the benefit of creditors, compositions, extensions generally with its creditors, or proceedings seeking reorganization, arrangement, or
other relief. 
 “Intellectual Property” means, with respect to any Person, all of such Person’s right, title, and
interest in and to the following: 
 (a)    its Copyrights, Trademarks and Patents; 

(b)    any and all trade secrets and trade secret rights, including, without limitation, any rights to unpatented
inventions, know-how, operating manuals; 
 (c)    any and all source code; 

(d)    any and all design rights which may be available to such Person; 

(e)    any and all claims for damages by way of past, present and future infringement of any of the foregoing, with the
right, but not the obligation, to sue for and collect such damages for said use or infringement of the Intellectual Property rights identified above; and 

(f)    all amendments, renewals and extensions of any of the Copyrights, Trademarks or Patents. 

“Inventory” is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term
as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of
Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above. 

“Investment” is any beneficial ownership interest in any Person (including stock, partnership interest or other securities),
and any loan, advance or capital contribution to any Person. 
 “Investor Support” means it is the clear intention of
Borrower’s investors to continue to fund Borrower in the amounts and timeframe necessary to enable Borrower to satisfy the Obligations as they become due and payable. 

“Key Person” is each of Borrower’s (a) President, who is Ramin Savar as of the Effective Date, and (b) Chief
Executive Officer, who is Ramin Savar as of the Effective Date. 
 “Letter of Credit” is a standby or commercial letter of
credit issued by Bank upon request of Borrower based upon an application, guarantee, indemnity, or similar agreement. 

 “Lien” is a claim, mortgage, deed of trust, levy, charge, pledge, security
interest or other encumbrance of any kind, whether voluntarily incurred or arising by operation of law or otherwise against any property. 

“Loan Documents” are, collectively, this Agreement and any schedules, exhibits, certificates, notices, and any other
documents related to this Agreement, the Warrant, any Bank Services Agreement, any subordination agreement, any note, or notes or guaranties executed by Borrower or any Guarantor, and any other present or future agreement by Borrower and/or any
Guarantor with or for the benefit of Bank in connection with this Agreement or Bank Services, all as amended, restated, or otherwise modified. 

“Material Adverse Change” is (a) a material impairment in the perfection or priority of Bank’s Lien in the
Collateral or in the value of such Collateral; (b) a material adverse change in the business, operations or condition (financial or otherwise) of Borrower; or (c) a material impairment of the prospect of repayment of any portion of the
Obligations. 
 “Monthly Financial Statements” is defined in Section 6.2(c). 

“Obligations” are Borrower’s obligations to pay when due any debts, principal, interest, fees, Bank
Expenses, and other amounts Borrower owes Bank now or later, whether under this Agreement, the other Loan Documents (other than the Warrant), or otherwise, including, without limitation, all obligations relating to letters of credit (including
reimbursement obligations for drawn and undrawn letters of credit), cash management services, and foreign exchange contracts, if any, and including interest accruing after Insolvency Proceedings begin and debts, liabilities, or obligations of
Borrower assigned to Bank, and to perform Borrower’s duties under the Loan Documents (other than the Warrant). 
 “Operating
Documents” are, for any Person, such Person’s formation documents, as certified by the Secretary of State (or equivalent agency) of such Person’s jurisdiction of organization on a date that is no earlier than thirty (30) days
prior to the Effective Date, and, 
 (a)     if such Person is a corporation, its bylaws in current form, 

(b)    if such Person is a limited liability company, its limited liability company agreement (or similar agreement), and

 (c)    if such Person is a partnership, its partnership agreement (or similar agreement), each of the foregoing with
all current amendments or modifications thereto. 
 “Overadvance” is defined in Section 2.2. 

“Patents” means all patents, patent applications and like protections including without limitation improvements, divisions,
continuations, renewals, reissues, extensions and continuations-in-part of the same. 

“Perfection Certificate” is defined in Section 5.1. 

“Permitted Indebtedness” is: 

(a)    Borrower’s Indebtedness to Bank under this Agreement and the other Loan Documents; 

 (b)    Indebtedness existing on the Effective Date and shown on the
Perfection Certificate; 
 (c)    Subordinated Debt; 

(d)    unsecured Indebtedness to trade creditors incurred in the ordinary course of business; 

(e)    Indebtedness incurred as a result of endorsing negotiable instruments received in the ordinary course of business;

 (f)    Indebtedness secured by Liens permitted under clauses (a) and (c) of the definition of “Permitted
Liens” hereunder; 
 (g)    Indebtedness of Borrower to any Subsidiary and Contingent Obligations of any Subsidiary
with respect to obligations of Borrower (provided that the primary obligations are not prohibited hereby), and Indebtedness of any Subsidiary to Borrower in an aggregate principal amount not to exceed Two Hundred Thousand Dollars ($200,000); or any
other Subsidiary and Contingent Obligations of any Subsidiary with respect to obligations of any other Subsidiary (provided that the primary obligations are not prohibited hereby); 

(h)    Indebtedness of Borrower to any Subsidiary incurred in connection with transfer pricing arrangements entered into
in the ordinary course of business in an aggregate amount not to exceed One Million Dollars ($1,000,000) in any fiscal year; and 

(i)    extensions, refinancings, modifications, amendments and restatements of any items of Permitted Indebtedness
(a) through (g) above, provided that the principal amount thereof is not increased or the terms thereof are not modified to impose more burdensome terms upon Borrower or its Subsidiary, as the case may be. 

“Permitted Investments” are: 

(a)    Investments (including, without limitation, Subsidiaries) existing on the Effective Date and shown on the
Perfection Certificate; 
 (b)    Investments consisting of Cash Equivalents; 

(c)    Investments consisting of the endorsement of negotiable instruments for deposit or collection or similar
transactions in the ordinary course of Borrower; 
 (d)    Investments consisting of deposit accounts in which Bank has
a perfected security interest; 
 (e)    Investments accepted in connection with Transfers permitted by
Section 7.1; 
 (f)    Investments consisting of the creation of a Subsidiary for the purpose of consummating a
merger transaction permitted by Section 7.3 of this Agreement, which is otherwise a Permitted Investment; 

 (g)    Investments (i) by Borrower in Subsidiaries not to exceed
Five Million Dollars ($5,000,000) in the aggregate in any trailing six (6) month period and (ii) by Subsidiaries in other Subsidiaries not to exceed Two Hundred Thousand Dollars ($200,000) in the aggregate in any fiscal year or in
Borrower; 
 (h)    Investments consisting of (i) travel advances and employee relocation loans and other employee
loans and advances in the ordinary course of business, and (ii) loans to employees, officers or directors relating to the purchase of equity securities of Borrower or its Subsidiaries pursuant to employee stock purchase plans or agreements
approved by Borrower’s Board of Directors; 
 (i)    Investments (including debt obligations) received in
connection with the bankruptcy or reorganization of customers or suppliers and in settlement of delinquent obligations of, and other disputes with, customers or suppliers arising in the ordinary course of business; 

(i)    Investments by Borrower in any Subsidiary made in connection with transfer pricing arrangements entered into in the
ordinary course of business in an aggregate amount not to exceed One Million Dollars ($1,000,000) in any fiscal year; and 

(k)    Investments consisting of notes receivable of, or prepaid royalties and other credit extensions, to customers and
suppliers who are not Affiliates, in the ordinary course of business; provided that this paragraph (j) shall not apply to Investments of Borrower in any Subsidiary. 

“Permitted Liens” are: 

(a)    Liens existing on the Effective Date and shown on the Perfection Certificate or arising under this Agreement and
the other Loan Documents; 
 (b)    Liens for taxes, fees, assessments or other government charges or levies, either
(i) not due and payable or (ii) being contested in good faith and for which Borrower maintains adequate reserves on its Books, provided that no notice of any such Lien has been filed or recorded under the Internal Revenue Code of 1986, as
amended, and the Treasury Regulations adopted thereunder; 
 (c)    purchase money Liens (i) on Equipment acquired
or held by Borrower incurred for financing the acquisition of the Equipment securing no more than One Hundred Thousand Dollars ($100,000) in the aggregate amount outstanding, or (ii) existing on Equipment when acquired, if the Lien is confined
to the property and improvements and the proceeds of the Equipment; 
 (d)    Liens of carriers, warehousemen,
suppliers, or other Persons that are possessory in nature arising in the ordinary course of business so long as such Liens attach only to Inventory, securing liabilities in the aggregate amount not to exceed One Hundred Thousand Dollars ($100,000)
and which are not delinquent or remain payable without penalty or which are being contested in good faith and by appropriate proceedings which proceedings have the effect of preventing the forfeiture or sale of the property subject thereto; 

 (e)    Liens to secure payment of workers’ compensation, employment
insurance, old-age pensions, social security and other like obligations incurred in the ordinary course of business (other than Liens imposed by ERISA); 

(f)    Liens incurred in the extension, renewal or refinancing of the indebtedness secured by Liens described in
(a) through (c), but any extension, renewal or replacement Lien must be limited to the property encumbered by the existing Lien and the principal amount of the indebtedness may not increase; 

(g)    leases or subleases of real property granted in the ordinary course of Borrower’s business (or, if referring
to another Person, in the ordinary course of such Person’s business), and leases, subleases, non-exclusive licenses or sublicenses of personal property (other than Intellectual Property) granted in the
ordinary course of Borrower’s business (or, if referring to another Person, in the ordinary course of such Person’s business), if the leases, subleases, licenses and sublicenses do not prohibit granting Bank a security interest therein;

 (h)    non-exclusive license of Intellectual Property granted to third
parties in the ordinary course of business, and licenses of Intellectual Property that could not result in a legal transfer of title of the licensed property that may be exclusive in respects other than territory and that may be exclusive as to
territory only as to discreet geographical areas outside of the United States; 
 (i)    Liens arising from attachments
or judgments, orders, or decrees in circumstances not constituting an Event of Default under Sections 8.4 and 8.7; and 

(j)    Liens in favor of other financial institutions arising in connection with Borrower’s deposit and/or securities
accounts held at such institutions, provided that Bank has a perfected security interest in the amounts held in such deposit and/or securities accounts. 

“Person” is any individual, sole proprietorship, partnership, limited liability company, joint venture, company, trust,
unincorporated organization, association, corporation, institution, public benefit corporation, firm, joint stock company, estate, entity or government agency. 

“Prime Rate” is the rate of interest per annum from time to time published in the money rates section of The Wall Street
Journal or any successor publication thereto as the “prime rate” then in effect; provided that if such rate of interest, as set forth from time to time in the money rates section of The Wall Street Journal, becomes unavailable for any
reason as determined by Bank, the “Prime Rate” shall mean the rate of interest per annum announced by Bank as its prime rate in effect at its principal office in the State of California (such Bank announced Prime Rate not being intended to
be the lowest rate of interest charged by Bank in connection with extensions of credit to debtors). 
 “Quick Assets” is,
on any date, Borrower’s consolidated, unrestricted cash and Cash Equivalents maintained with Bank and Bank’s Affiliates, plus the Borrower’s net billed accounts receivable, plus the Foreign Accounts. 

“Registered Organization” is any “registered organization” as defined in the Code with such additions to such term
as may hereafter be made. 

 “Requirement of Law” is as to any Person, the organizational or governing
documents of such Person, and any law (statutory or common), treaty, rule or regulation or determination of an arbitrator or a court or other Governmental Authority, in each case applicable to or binding upon such Person or any of its property or to
which such Person or any of its property is subject. 
 “Reserves” means, as of any date of determination following an
Event of Default hereunder, such amounts as Bank may from time to time establish and revise in its good faith business judgment, reducing the amount of Advances and other financial accommodations which would otherwise be available to Borrower
(a) to reflect events, conditions, contingencies or risks which, as determined by Bank in its good faith business judgment, do or may adversely affect (i) the Collateral or any other property which is security for the Obligations or its
value (including without limitation any increase in delinquencies of Accounts), (ii) the assets, business or prospects of Borrower or any Guarantor, or (iii) the security interests and other rights of Bank in the Collateral (including the
enforceability, perfection and priority thereof); or (b) to reflect Bank’s reasonable belief that any collateral report or financial information furnished by or on behalf of Borrower or any Guarantor to Bank is or may have been incomplete,
inaccurate or misleading in any material respect. 
 “Responsible Officer” is any of the Chief Executive Officer, President
or VP of Finance of Borrower. 
 “Restricted License” is any material license or other agreement with respect to which
Borrower is the licensee (a) that prohibits or otherwise restricts Borrower from granting a security interest in Borrower’s interest in such license or agreement or any other property, or (b) for which a default under or termination
of could interfere with the Bank’s right to sell any Collateral. 
 “Revolving Line” is an aggregate principal amount
equal to Twenty Million Dollars ($20,000,000). 
 “Revolving Line Maturity Date” is January 31, 2018. 

“SEC” shall mean the Securities and Exchange Commission, any successor thereto, and any analogous Governmental Authority.

 “Securities Account” is any “securities account” as defined in the Code with such additions to such term as
may hereafter be made. 
 “Subordinated Debt” is indebtedness incurred by Borrower subordinated to all of Borrower’s
now or hereafter indebtedness to Bank (pursuant to a subordination, intercreditor, or other similar agreement in form and substance satisfactory to Bank entered into between Bank and the other creditor), on terms acceptable to Bank. 

“Subsidiary” is, as to any Person, a corporation, partnership, limited liability company or other entity of which shares of
stock or other ownership interests having ordinary voting power (other than stock or such other ownership interests having such power only by reason of the happening of a contingency) to elect a majority of the board of directors or other managers
of such corporation, partnership or other entity are at the time owned, or the management of which is otherwise controlled, directly or indirectly through one or more intermediaries, or both, by such Person. Unless the context otherwise requires,
each reference to a Subsidiary herein shall be a reference to a Subsidiary of Borrower or Guarantor. 

 “Total Liabilities” is on any day, obligations that should, under GAAP, be
classified as liabilities on Borrower’s consolidated balance sheet, including all Indebtedness. 
 “Trademarks” means
any trademark and servicemark rights, whether registered or not, applications to register and registrations of the same and like protections, and the entire goodwill of the business of Borrower connected with and symbolized by such trademarks. 

“Transaction Report” is that certain report of transactions and schedule of collections in the form attached hereto as
Exhibit D. 
 “Transfer” is defined in Section 7.1. 

“Warrant” is (i) the Initial Warrant and (ii) the Additional Warrant (if any) as defined in Section 3.3
hereof. 
 [Signature page follows.] 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as
of the Effective Date. 
  

			
	BORROWER:
	
	SUMO LOGIC, INC.

			
		
	By:	 	 /s/ Ramin Sayar

	Name:	 	Ramin Sayar
	Title:	 	PRESIDENT AND CEO
		
	BANK:	 	
	
	SILICON VALLEY BANK

			
		
	By:	 	 /s/ Marina Bobrovich

	Name:	 	Marina Bobrovich
	Title:	 	Vice President

 EXHIBIT A 

COLLATERAL DESCRIPTION 

The Collateral consists of all of Borrower’s right, title and interest in and to the following personal property: 

All goods, Accounts (including health-care receivables), Equipment, Inventory, contract rights or rights to payment of money, leases, license
agreements, franchise agreements, General Intangibles (except as provided below), commercial tort claims, documents, instruments (including any promissory notes), chattel paper (whether tangible or electronic), cash, deposit accounts, fixtures,
letters of credit rights (whether or not the letter of credit is evidenced by a writing), securities, and all other investment property, supporting obligations, and financial assets, whether now owned or hereafter acquired, wherever located; and

 all Borrower’s Books relating to the foregoing, and any and all claims, rights and interests in any of the above and all
substitutions for, additions, attachments, accessories, accessions and improvements to and replacements, products, proceeds and insurance proceeds of any or all of the foregoing. 

Notwithstanding the foregoing, the Collateral does not include any Intellectual Property; provided, however, the Collateral shall include all
Accounts and all proceeds of Intellectual Property. If a judicial authority (including a U.S. Bankruptcy Court) would hold that a security interest in the underlying Intellectual Property is necessary to have a security interest in such Accounts and
such property that are proceeds of Intellectual Property, then the Collateral shall automatically, and effective as of the Effective Date, include the Intellectual Property to the extent necessary to permit perfection of Bank’s security
interest in such Accounts and such other property of Borrower that are proceeds of the Intellectual Property. 
 Pursuant to the terms of a
certain negative pledge arrangement with Bank, Borrower has agreed not to encumber any of its Intellectual Property without Bank’s prior written consent. 

 EXHIBIT B 

BORROWING RESOLUTIONS 
  

 
 CORPORATE BORROWING CERTIFICATE 

 

			
	Borrower: SUMO LOGIC, INC.	  	Date: January 31, 2016
	BANK: Silicon Valley Bank	  	

 I hereby certify as follows, as of the date set forth above: 

1.    I am the Secretary, Assistant Secretary or other officer of Borrower. My title is as set forth below. 

2.    Borrower’s exact legal name is set forth above. Borrower is a corporation existing under the laws of the State of Delaware.

 3.    Attached hereto are true, correct and complete copies of Borrower’s Articles/Certificate of Incorporation (including
amendments), as filed with the Secretary of State of the state in which Borrower is incorporated as set forth above. Such Certificate of Incorporation have not been amended, annulled, rescinded, revoked or supplemented, and remain in full force and
effect as of the date hereof. 
 4.    The following resolutions were duly and validly adopted by Borrower’s Board of Directors at
a duly held meeting of such directors (or pursuant to a unanimous written consent or other authorized corporate action). Such resolutions are in full force and effect as of the date hereof and have not been in any way modified, repealed, rescinded,
amended or revoked, and Silicon Valley Bank (“Bank”) may rely on them until Bank receives written notice of revocation from Borrower. 

RESOLVED, that any one of the following officers or employees of Borrower, whose names, titles and
signatures are below, may act on behalf of Borrower: 
  

							
	 Name
	  	 Title
	 	 Signature
	  	Authorized
to Add or
Remove
	Ramin Sayar	  	President & CEO	 	  
	  	☒
	Rick Hasselman	  	VP Finance	 	  
	  	☒
	Michelle Van Der Veen	  	Corporate Controller	 	  
	  	☐
	  
	  	  
	 	  
	  	☐

 RESOLVED FURTHER, that any one of the persons
designated above with a checked box beside his or her name may, from time to time, add or remove any individuals to and from the above list of persons authorized to act on behalf of Borrower. 

RESOLVED FURTHER, that such individuals may, on behalf of Borrower: 

Borrow Money. Borrow money from Bank. 

Execute Loan Documents. Execute any loan documents Bank requires. 

Grant Security. Grant Bank a security interest in any of Borrower’s assets. 

Negotiate Items. Negotiate or discount all drafts, trade acceptances, promissory notes, or other indebtedness in which Borrower has an
interest and receive cash or otherwise use the proceeds. 
 Apply for Letters of Credit. Apply for letters of credit from Bank. 

Enter Derivative Transactions. Execute spot or forward foreign exchange contracts, interest rate swap agreements, or other derivative
transactions. 
 Issue Warrants. Issue warrants for Borrower’s capital stock. 

Further Acts. Designate other individuals to request advances, pay fees and costs and execute other documents or agreements (including
documents or agreement that waive Borrower’s right to a jury trial) they believe to be necessary to effect these resolutions. 

RESOLVED FURTHER, that all acts authorized by the above resolutions and any prior acts relating thereto
are ratified. 
 5.    The persons listed above are Borrower’s officers or employees with their titles and signatures shown next to
their names. 
  

			
	By:	 	  

		
	Name:	 	  

		
	Title:	 	  

  

	***	 If the Secretary, Assistant Secretary or other certifying officer executing above is designated by the
resolutions set forth in paragraph 4 as one of the authorized signing officers, this Certificate must also be signed by a second authorized officer or director of Borrower. 

I, the                      of
Borrower, hereby certify as to paragraphs 1 through 5 above, as of the date set forth above. 
  

			
	By:	 	  

		
	Name:	 	  

		
	Title:	 	  

 EXHIBIT C 

COMPLIANCE CERTIFICATE 
  

			
	TO: SILICON VALLEY BANK	  	Date: January     , 2016
	FROM: SUMO LOGIC, INC.	  	

 The undersigned authorized officer of SUMO LOGIC, INC. (“Borrower”) certifies that under the terms
and conditions of the Loan and Security Agreement between Borrower and Bank (the “Agreement”): 
 (1) Borrower is in complete
compliance for the period ending                      with all required covenants except as noted below; (2) there are no Events of Default;
(3) all representations and warranties in the Agreement are true and correct in all material respects on this date except as noted below; provided, however, that such materiality qualifier shall not be applicable to any representations and
warranties that already are qualified or modified by materiality in the text thereof; and provided, further that those representations and warranties expressly referring to a specific date shall be true, accurate and complete in all material
respects as of such date; (4) Borrower, and each of its Subsidiaries, has timely filed all required tax returns and reports, and Borrower has timely paid all foreign, federal, state and local taxes, assessments, deposits and contributions owed
by Borrower except as otherwise permitted pursuant to the terms of Section 5.9 of the Agreement; and (5) no Liens have been levied or claims made against Borrower or any of its Subsidiaries relating to unpaid employee payroll or benefits
of which Borrower has not previously provided written notification to Bank. 
 Attached are the required documents supporting the
certification. The undersigned certifies that these are prepared in accordance with GAAP consistently applied from one period to the next except as explained in an accompanying letter or footnotes. The undersigned acknowledges that no borrowings may
be requested at any time or date of determination that Borrower is not in compliance with any of the terms of the Agreement, and that compliance is determined not just at the date this certificate is delivered. Capitalized terms used but not
otherwise defined herein shall have the meanings given them in the Agreement. 
 Please indicate compliance status by circling Yes/No under
“Complies” column. 
  

					
	 Reporting Covenants
	  	 Required
	  	 Complies

	Monthly financial statements with Compliance Certificate	  	Monthly within 30 days	  	Yes    No
	Annual financial statement (CPA Audited, if required by Borrower’s board of directors) + CC	  	FYE within 180 days	  	Yes    No
	Annual financial statement (company prepared)	  	FYE within 30 days	  	
	10-Q, 10-K and 8-K	  	Within 5 days after filing with SEC	  	Yes    No
	Transaction Report	  	Monthly within 30 days and with each request for an Advance	  	Yes    No
	SaaS Metrics Report	  	Monthly within 30 days	  	Yes    No
	Projections	  	FYE within 30 days	  	Yes    No

					
	 Performance Pricing
	  	 	  	 Applies

	Adjusted Quick Ratio greater than or equal to 1.75:1.00	  	Prime + 0.25%	  	Yes    No
	Adjusted Quick Ratio less than 1.75:1.00	  	Prime + 0.75%	  	Yes    No

 The following analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the
date of this Certificate. 
 Other Matters 
  

					
	Have there been any amendments of or other changes to the capitalization table of Borrower and to the Operating Documents of Borrower or any of its Subsidiaries? If yes, provide copies of any such amendments or changes with this
Compliance Certificate.	  	Yes	  	No

 The following are the exceptions with respect to the certification above: (If no exceptions exist, state
“No exceptions to note.”) 
  
  

 
  
  

									
	SUMO LOGIC, INC.	 		 	BANK USE ONLY	 		 	
					
	By:                                     
                                         
           	 		 	Received
by:                                        
                                	 		 	
					
	Name:                                     
                                         
      	 		 	Date:                                     
                                         
      	 		 	
	Title:                                     
                                         
        	 		 	Verified:                                    
                                         
 	 		 	
		 		 	Date:                                     
                                         
      	 		 	
		 		 	Compliance Status:                     Yes    No	 		 	

 Schedule 1 to Compliance Certificate 

Performance Pricing 
 Adjusted
Quick Ratio (Section 2.3(a)) 
  

					
	Required:	  	1.75:1.00 for Performance Pricing	  	
			
	Actual:	  		  	
			
	 A.
	  	Aggregate value of the unrestricted cash at Bank and Bank’s Affiliates + Foreign Accounts	  	$            
			
	 B.
	  	Aggregate value of the net billed accounts receivable of Borrower	  	$            
			
	 C.
	  	Quick Assets (the sum of lines A and B)	  	$            
			
	 D.
	  	Aggregate value of Obligations owing from Borrower to Bank	  	$            
			
	 E.
	  	Aggregate value of liabilities that should, under GAAP, be classified as liabilities on Borrower’s consolidated balance sheet, including all Indebtedness, and not otherwise reflected in line D above that matures within one
(1) year (less any deferred revenue balances)	  	$            
			
	 F.
	  	Current Liabilities (the sum of lines D and E)	  	$            
			
	 G.
	  	Quick Ratio (line C divided by line F)	  	

  

									
	 Is line G equal to or greater than 1.75:1:00?
	  				  			

  

					
	     
	 	               No, no performance pricing	  	 $             Yes, apply
performance pricing

 EXHIBIT D 

TRANSACTION REPORT 

[EXCEL spreadsheet to be provided separately from lending officer] 

 SVB Financial Group is proud of our business relationships and occasionally like to promote these
relationships. We would like to use your company’s information and logo for promotional and marketing purposes in SVB Financial Group member businesses (collectively “SVB”) materials. While we would appreciate your consent to all of
the uses listed below, please review and select all of the uses that you consent to below. 
  

	 	☐	 Marketing: You consent to SVB’s use of Company’s name, logo and images provided to us in written and
oral presentations, advertising, marketing and PR materials, professional lists, and Web sites. 

  

	 	☐	 Deal Terms: You consent to SVB’s inclusion of the size and type of any loan or credit facility alongside
your company’s name in any oral presentations, advertising, marketing and PR materials, customer lists, and Web sites. 

  

	 	☐	 Reference: You consent to SVB’s use of Company and representatives’ names as a reference for SVB.

  

	 	☐	 Testimonial: You consent to SVB’s use of Company and representatives’ names and quotations in written
and oral presentations, marketing and PR materials, and Web sites. Our practice is to send you a draft of any quotation concerning Company prior to publishing. 

 

	 	☐	 News release: You consent to SVB’s use of Company’s name, trademarks, service marks, quotations, and
images provided to us in the SVB’s news releases concerning Company. Our practice is to send you a draft of any news release concerning Company prior to publishing. 

Logos: Please submit your company’s logo in: 
  

	 	•	 	 Full color and black and white versions, with or without taglines, and 

 

	 	•	 	 At least 300 dpi in EPS, TIF, or JPG formats - please do not send PDF or Web site logos. 

Names: Please make sure to print the Company name, and any individual names and titles as you would like them displayed in materials or
lists.                                        
                                         
                                         
                                         
                                         
     
 Company Name 

You grant to SVB a limited license to use the information for the limited purposes above, which you can revoke upon written notice to SVB. The signer below
acknowledges that he or she has authority to bind the Company to this consent. SVB will not be responsible for versions that were printed prior to receiving notice revoking any such consent. Company is solely responsible for defense and maintenance
of its intellectual property. 
 Please return this completed form via email to ***. If you have any questions, contact the SVB Marketing Department at ***.

 ACCEPTED AND AGREED ON BEHALF OF
                     (“COMPANY” OR “YOU”: 
  

					
	  

	Name and Title	  	Signature	  	Date        
	
	  

	Address	  		  	
	
	  

	Phone Number	  	Email	  	

 FIRST AMENDMENT TO 

LOAN AND SECURITY AGREEMENT 

This First Amendment to Loan and Security Agreement (this “Amendment”) is entered into this 28 day of June, 2017, by and between
SILICON VALLEY BANK (“Bank”) and SUMO LOGIC, INC., a Delaware corporation (“Borrower”) whose address is 305 Main Street, Redwood City, CA 90463. 

RECITALS 

A.    Bank and Borrower have entered into that certain Loan and Security Agreement dated as of January 31,
2016 (as the same may from time to time be further amended, modified, supplemented or restated, the “Loan Agreement”). 

B.    Bank has extended credit to Borrower for the purposes permitted in the Loan Agreement. 

C.    Borrower has requested that Bank amend the Loan Agreement to (i) extend the Revolving Line Maturity Date
and (ii) make certain other revisions to the Loan Agreement as more fully set forth herein. 
 D.    Bank
has agreed to so amend certain provisions of the Loan Agreement, but only to the extent, in accordance with the terms. subject to the conditions and in reliance upon the representations and warranties set forth below. 

AGREEMENT 

NOW, THEREFORE, in consideration of the foregoing recitals and other good and valuable
consideration, the receipt and adequacy of which is hereby acknowledged, and intending to be legally bound, the parties hereto agree as follows: 

1.    Definitions. Capitalized terms used but not defined in this Amendment shall have the meanings given to
them in the Loan Agreement. 
 2.    Amendments to Loan Agreement. 

2.1    Section 2.1.1 (Revolving Advances). Section 2.1.1(a) of the Loan Agreement hereby is amended and
restated in its entirety and replaced with the following: 
 “(a)    Availability. Subject to
the terms and conditions of this Agreement and to deduction of Reserves, Bank shall make Advances not exceeding the Availability Amount. Amounts borrowed under the Revolving Line may be repaid and, prior to the Revolving Line Maturity Date,
reborrowed, subject to the applicable terms and conditions precedent herein.” 

 2.2    Section 2.2 (Overadvances). Section 2.2 of the
Loan Agreement hereby is amended by deleting the reference to “the Default Rate” therein and inserting in lieu thereof “a per annum rate equal to the rate that is otherwise applicable to Advances plus five percent (5.0%)’’.

 2.3    Section 3.2 (Conditions Precedent to all Credit Extensions). Subsections (a) and (b) of
Section 3.2 of the Loan Agreement hereby are amended and restated in their entirety and replaced with the following: 

“(a)    timely receipt of the Credit Extension request and any materials and documents required by
Section 3.4; 
 (b)    the representations and warranties in this Agreement shall be true, accurate,
and complete in all material respects on the date of the proposed Credit Extension and on the Funding Date of each Credit Extension; provided, however, that such materiality qualifier shall not be applicable to any representations and warranties
that already are qualified or modified by materiality in the text thereof; and provided, further that those representations and warranties expressly referring to a specific date shall be true, accurate and complete in all material respects as of
such date, and no Event of Default shall have occurred and be continuing or result from the Credit Extension. Each Credit Extension is Borrower’s representation and warranty on that date that the representations and warranties in this Agreement
remain true, accurate, and complete in all material respects; provided, however, that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof;
and provided, further that those representations and warranties expressly referring to a specific date shall be true, accurate and complete in all material respects as of such date; and” 

2.4    Section 3.3 (Condition Precedent to Credit Extensions in Excess of Ten Million Dollars ($10,000,000).
Section 3.3 of the Loan Agreement hereby is amended and restated in its entirety and replaced with the following: 

“3.3    Condition Precedent to Credit Extensions in Excess of Ten Million Dollars
($10,000,000). Prior to the aggregate amount of Credit Extensions made by Bank to Borrower exceeding Ten Million Dollars ($10,000,000) for the first time, Borrower shall provide Bank with a Warrant to Purchase an amount of Borrower’s Series
F Preferred Stock which would, on a fully-diluted basis, represent a one hundredth of one percent (0.01%) ownership in Borrower if exercised (the “Additional Warrant”). The Additional Warrant shall be documented in a form substantially
similar to the Initial Warrant.” 
 2.5    Section 3.5 (Procedures for Borrowing). Section 3.5
of the Loan Agreement hereby is amended and restated in its entirety and replaced with the following: 
 “3.5
Procedures for Borrowing. Subject to the prior satisfaction of all other applicable conditions to the making of an Advance set forth in this Agreement, to obtain an Advance (other than Advances under Section 2.1.2),

 
Borrower shall notify Bank (which notice shall be irrevocable) by electronic mail by 12:00 p.m. Pacific time on the Funding Date of the Advance. Such notice shall be made by Borrower through
Bank’s online banking program, provided, however, if Borrower is not utilizing Bank’s online banking program, then such notice shall be in a written format acceptable to Bank that is executed by an Authorized Signer. Bank shall have
received satisfactory evidence that the Board has approved that such Authorized Signer may provide such notices and request Advances. In connection with any such notification, Borrower must promptly deliver to Bank by electronic mail or through
Bank’s online banking program such reports and information, including without limitation, sales journals, cash receipts journals, accounts receivable aging reports, as Bank may request in its sole discretion. Bank shall credit proceeds of an
Advance to the Designated Deposit Account. Bank may make Advances under this Agreement based on instructions from an Authorized Signer or without instructions if the Advances are necessary to meet Obligations which have become due.” 

2.6    Section 6.2 (Financial Statements, Reports, Certificates). Section 6.2(b) of the Loan Agreement
hereby is amended and restated in its entirety and replaced with the following: 
 “(b)    if any
Advances are outstanding, within thirty (30) days after the last day of each month, or (b) if no Advances are outstanding, within thirty (30) days after the last day of each fiscal quarter, Details of Borrower’s Recurring revenue
including, without limitation, total Recurring Revenue, total customers, new subscriptions in process, the Advance Rate and the Churn Percentage;” 

2.7    Section 6.3 (Accounts Receivable). Section 6.3(c) of the Loan Agreement hereby is amended and
restated in its entirety and replaced with the following: 
 “(c)    Collection of Accounts.
Borrower shall direct Account Debtors to deliver or transmit all proceeds of Accounts into a lockbox account, or such other “blocked account” as specified by Bank (either such account, the “Cash Collateral Account”).
Subject to Bank’s right to maintain a reserve pursuant to Section 6.3(g), all amounts received in the Cash Collateral Account shall be applied to immediately reduce the Obligations (unless Bank, in its sole discretion, at times when an
Event of Default exists, elects not to so apply such amounts). In the event that an Event of Default has occurred and is continuing, Borrower hereby authorizes Bank to transfer to the Cash Collateral Account any amounts that Bank reasonably
determines are proceeds of the Accounts (provided that Bank is under no obligation to do so and this allowance shall in no event relieve Borrower of its obligations hereunder).” 

2.8    Section 6.3 (Accounts Receivable). Section 6.3(d) of the Loan Agreement hereby is amended and
restated in its entirety and replaced with the following: 
 “(d)    Verifications:
Confirmations; Credit Quality; Notifications. Bank may, from time to time, (i) verify and confirm directly with the respective Account 

 
Debtors the validity, amount and other matters relating to the Accounts, either in the name of Borrower or Bank or such other name as Bank may choose, and notify any Account Debtor of Bank’s
security interest in such Account and/or (ii) conduct a credit check of any Account Debtor to approve any such Account Debtor’s credit. 

2.9    Section 6.3 (Accounts Receivable). Section 6.3 of the Loan Agreement hereby is amended by
inserting the following appearing as subsection (1) thereto: 
 “(f)    Reserves.
Notwithstanding any terms in this Agreement to the contrary, at times when an Event of Default exists, Bank may hold any proceeds of the Accounts and any amounts in the Cash Collateral Account that are not applied to the Obligations pursuant to
Section 6.3(c) above as a reserve to be applied to any Obligations regardless of whether such Obligations are then due and payable.” 

2.10    Section 6.14 (Online Banking). New Section 6.14 is inserted immediately following
Section 6.13 of the Loan Agreement hereby, as follows: 
 “6.14 Online Banking. Utilize Bank’s online
banking platform for all matters requested by Bank which shall include, without limitation (and without request by Bank for the following matters), uploading information pertaining to Accounts and Account Debtors, requesting approval for exceptions,
requesting Credit Extensions, and uploading financial statements and other reports required to be delivered by this Agreement (including, without limitation, those described in Section 6.2 of this Agreement).” 

2.11    Section 8.2 (Covenant Default). Section 8.2(a) of the Loan Agreement hereby is amended and
restated in its entirety and replaced with the following: 
 “(a) Borrower fails or neglects to perform any obligation
in Sections 6.2, 6.5, 6.7, 6.8, 6.9, 6.12, 6.13, 6.14 or violates any covenant in Section 7; or” 

2.12    Section 9.2 (Power of Attorney). Section 9.2 of the Loan Agreement hereby is amended and
restated in its entirety and replaced with the following: 
 “9.2 Power of Attorney. Borrower hereby irrevocably
appoints Bank as its lawful attorney-in-fact, exercisable following the occurrence of an Event of Default, to: (a) endorse Borrower’s name on any checks,
payment instruments, or other forms of payment or security; (b) sign Borrower’s name on any invoice or bill of lading for any Account or drafts against Account Debtors; (c) demand, collect, sue, and give releases to any Account Debtor
for monies due, settle and adjust disputes and claims about the Accounts directly with Account Debtors, and compromise, prosecute, or defend any action, claim, case, or proceeding about any Collateral (including filing a claim or voting a claim in
any bankruptcy case in Bank’s or Borrower’s name, as Bank chooses); (d) make, settle, and adjust all claims under Borrower’s insurance policies; (e) pay, contest or settle any Lien, charge, encumbrance, security interest, or
other claim in or to the Collateral, or any judgment based thereon, or otherwise take any action to terminate or discharge the same; and (f) transfer the Collateral into the name of Bank or a third party as the

 
Code permits. Borrower hereby appoints Bank as its lawful attorney-in-fact to sign Borrower’s name on any
documents necessary to perfect or continue the perfection of Bank’s security interest in the Collateral regardless of whether an Event of Default has occurred until all Obligations have been satisfied in full and the Loan Documents have been
terminated. Bank’s foregoing appointment as Borrower’s attorney in fact, and all of Bank’s rights and powers, coupled with an interest, are irrevocable until all Obligations have been fully repaid and performed and the Loan Documents
have been terminated.” 
 2.13    Section 13 (Definitions). The following terms and their respective
definitions set forth in Section 13.1 of the Loan Agreement hereby are amended and restated in their entirety and replaced with the following: 

“Revolving Line Maturity Date” is April 30, 2019. 

“Warrant” is (i) the Initial Warrant, (ii) the First Amendment Effective Date Warrant and
(iii) the Additional Warrant (if any) as defined in Section 3.3 hereof.” 
 2.14    Section 13
(Definitions). The following new defined terms are hereby inserted alphabetically in Section 13.1of the Loan Agreement, as follows: 

“First Amendment Effective Date” is June 4, 2017. 

“First Amendment Effective Date Warrant” that certain Warrant to Purchase Stock dated as of the First
Amendment Effective Date executed by Borrower in favor of Bank. 
 2.15    Section 13 (Definitions). The
following defined terms set forth in Section 13.1 of the Loan Agreement hereby are deleted in their entirety: 

“Transaction Report” 

2.16    Exhibit C. Exhibit C to the Loan Agreement hereby is replaced with Exhibit C attached hereto.

 2.17    Exhibit D. The Transaction Report (as defined in the Loan Agreement until the date of this
Amendment) appearing as Exhibit D to the Loan Agreement is deleted in its entirety. 
 3.    Limitation
of Amendments. 
 3.1    The amendments set forth in Section 2, above, are effective for the purposes set
forth herein and shall be limited precisely as written and shall not be deemed to (a) be a consent to any amendment, waiver or modification of any other term or condition of any Loan Document, or (b) otherwise prejudice any right or remedy
which Bank may now have or may have in the future under or in connection with any Loan Document. 

 3.2    This Amendment shall be construed in connection with and
as part of the Loan Documents and all terms, conditions, representations, warranties, covenants and agreements set forth in the Loan Documents, except as herein amended, are hereby ratified and confirmed and shall remain in full force and effect.

 4.    Representations and Warranties. To induce Bank to enter into this Amendment, Borrower hereby
represents and warrants to Bank as follows: 
 4.1    Immediately after giving effect to this Amendment
(a) the representations and warranties contained in the Loan Documents are true, accurate and complete in all material respects as of the date hereof (except to the extent such representations and warranties relate to an earlier date, in which
case they are true and correct as of such date), and (b) no Event of Default has occurred and is continuing; 

4.2    Borrower has the power and authority to execute and deliver this Amendment and to perform its obligations
under the Loan Agreement, as amended by this Amendment; 
 4.3    The organizational documents of Borrower
delivered to Bank on the Effective Date remain true, accurate and complete and have not been amended, supplemented or restated and are and continue to be in full force and effect; 

4.4    The execution and delivery by Borrower of this Amendment and the performance by Borrower of its obligations
under the Loan Agreement, as amended by this Amendment, have been duly authorized; 
 4.5    The execution and
delivery by Borrower of this Amendment and the performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not and will not contravene (a) any law or regulation binding on or affecting Borrower,
(b) any contractual restriction with a Person binding on Borrower, (c) any order, judgment or decree of any court or other governmental or public body or authority, or subdivision thereof, binding on Borrower, or (d) the
organizational documents of Borrower; 
 4.6    The execution and delivery by Borrower of this Amendment and the
performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not require any order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by any
governmental or public body or authority, or subdivision thereof, binding on Borrower, except as already has been obtained or made; and 

4.7    This Amendment has been duly executed and delivered by Borrower and is the binding obligation of Borrower,
enforceable against Borrower in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, liquidation, moratorium or other similar laws of general application and equitable principles relating
to or affecting creditors’ rights. 
 5.    Ratification of Perfection Certificate. Borrower hereby
ratifies, confirms and reaffirms, all and singular, the terms and disclosures contained in a certain Perfection Certificate dated as of June 28, 2017, and acknowledges, confirms and agrees that the disclosures and information Borrower provided
to Bank in such Perfection Certificate have not changed, as of the date hereof. 

 6.    Integration. This Amendment and the Loan Documents
represent the entire agreement about this subject matter and supersede prior negotiations or agreements. All prior agreements, understandings, representations, warranties, and negotiations between the parties about the subject matter of this
Amendment and the Loan Documents merge into this Amendment and the Loan Documents. 
 7.    Counterparts.
This Amendment may be executed in any number of counterparts and all of such counterparts taken together shall be deemed to constitute one and the same instrument. 

8.    Effectiveness. This Amendment shall be deemed effective upon (a) the due execution and delivery
to Bank of this Amendment by each party hereto, (b) the due execution and delivery to Bank of the First Amendment Effective Date Warrant, (c) Borrower’s payment of (i) a fully-earned,
non-refundable amendment fee in an amount equal to Seven Thousand Five Hundred Dollars ($7,500) and (ii) Bank’s legal fees and expenses incurred in connection with this Amendment and (d) such
other documents and completion of such other matters, as Bank may reasonably deem necessary or appropriate. 
 [Signature page follows.] 

 IN WITNESS WHEREOF, the
parties hereto have caused this Amendment to be duly executed and delivered as of the date first written above. 
  

									
	BANK	 		 		 	BORROWER
				
	SILICON VALLEY BANK	 		 		 	SUMO LOGIC. INC.
					
	By:	 	 /s/ Julian Nash
	 		 	By:	 	 /s/ Ramin Sayar

	Name:	 	Julian Nash	 		 	Name:	 	Ramin Sayar
	Title:	 	VP	 		 	Title:	 	President + CEO

 SECOND AMENDMENT TO 

LOAN AND SECURITY AGREEMENT 

This Second Amendment to Loan and Security Agreement (this “Amendment”) is entered into this 22 day of April, 2019, by and between
SILICON VALLEY BANK (“Bank”) and SUMO LOGIC, INC., a Delaware corporation (“Borrower”) whose address is 305 Main Street, Redwood City, CA 90463. 

RECITALS 

A.    Bank and Borrower have entered into that certain Loan and Security Agreement dated as of January 31,
2016, as amended by that certain First Amendment to Loan and Agreement by and between Borrower and Bank dated as of June 28, 2017 (as the same may from time to time be further amended, modified, supplemented or restated, the “Loan
Agreement”). 
 B.    Bank has extended credit to Borrower for the purposes permitted in the Loan Agreement.

 C.    Borrower has requested that Bank amend the Loan Agreement to extend the Revolving Line Maturity Date.

 D.    Bank has agreed to so amend certain provisions of the Loan Agreement, but only to the extent, in
accordance with the terms, subject to the conditions and in reliance upon the representations and warranties set forth below. 

AGREEMENT 

NOW, THEREFORE, in consideration of the foregoing recitals and other good and valuable
consideration, the receipt and adequacy of which is hereby acknowledged, and intending to be legally bound, the parties hereto agree as follows: 

1.    Definitions. Capitalized terms used but not defined in this Amendment shall have the meanings given to
them in the Loan Agreement. 
 2.    Amendments to Loan Agreement. 

2.1    Section 13 (Definitions). The following term and its definition set forth in Section 13.1 of the
Loan Agreement hereby is amended and restated in its entirety and replaced with the following: 
 “Revolving Line Maturity
Date” is June 30, 2019. 
 2.2    New Addendum 1 is hereby added to the Perfection
Certificate in the form attached hereto. 

 3.    Limitation of Amendments. 

3.1    The amendments set forth in Section 2, above, are effective for the purposes set forth herein and shall
be limited precisely as written and shall not be deemed to (a) be a consent to any amendment, waiver or modification of any other term or condition of any Loan Document, or (b) otherwise prejudice any right or remedy which Bank may now
have or may have in the future under or in connection with any Loan Document. 
 3.2    This Amendment shall be
construed in connection with and as part of the Loan Documents and all terms, conditions, representations, warranties, covenants and agreements set forth in the Loan Documents, except as herein amended, are hereby ratified and confirmed and shall
remain in full force and effect. 
 4.    Representations and Warranties. To induce Bank to enter into
this Amendment, Borrower hereby represents and warrants to Bank as follows: 
 4.1    Immediately after giving
effect to this Amendment (a) the representations and warranties contained in the Loan Documents are true, accurate and complete in all material respects as of the date hereof (except to the extent such representations and warranties relate to
an earlier date, in which case they are true and correct as of such date), and (b) no Event of Default has occurred and is continuing; 

4.2    Borrower has the power and authority to execute and deliver this Amendment and to perform its obligations
under the Loan Agreement, as amended by this Amendment; 
 4.3    The organizational documents of Borrower
delivered to Bank on the Effective Date remain true, accurate and complete and have not been amended, supplemented or restated and are and continue to be in full force and effect; 

4.4    The execution and delivery by Borrower of this Amendment and the performance by Borrower of its obligations
under the Loan Agreement, as amended by this Amendment, have been duly authorized; 
 4.5    The execution and
delivery by Borrower of this Amendment and the performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not and will not contravene (a) any law or regulation binding on or affecting Borrower,
(b) any contractual restriction with a Person binding on Borrower, (c) any order, judgment or decree of any court or other governmental or public body or authority, or subdivision thereof, binding on Borrower, or (d) the
organizational documents of Borrower; 
 4.6    The execution and delivery by Borrower of this Amendment and the
performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not require any order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by any
governmental or public body or authority, or subdivision thereof, binding on Borrower, except as already has been obtained or made; and 

4.7    This Amendment has been duly executed and delivered by Borrower and is the binding obligation of Borrower,
enforceable against Borrower in accordance with its terms, 

 
except as such enforceability may be limited by bankruptcy, insolvency, reorganization, liquidation, moratorium or other similar laws of general application and equitable principles relating to
or affecting creditors’ rights. 
 5.    Ratification of Perfection Certificate. Borrower hereby
ratifies, confirms and reaffirms, all and singular, the terms and disclosures contained in a certain Perfection Certificate dated on or prior to the Effective Date and acknowledges, confirms and agrees that the disclosures and information Borrower
provided to Bank in such Perfection Certificate have not changed, as of the date hereof, with the exception of inclusion of Addendum 1 to the Perfection Certificate attached hereto. 

6.    Integration. This Amendment and the Loan Documents represent the entire agreement about this subject
matter and supersede prior negotiations or agreements. All prior agreements, understandings, representations, warranties, and negotiations between the parties about the subject matter of this Amendment and the Loan Documents merge into this
Amendment and the Loan Documents. 
 7.    Counterparts. This Amendment may be executed in any number of
counterparts and all of such counterparts taken together shall be deemed to constitute one and the same instrument. 

8.    Effectiveness. This Amendment shall be deemed effective upon (a) the due execution and delivery
to Bank of this Amendment by each party hereto, (b) Borrower’s payment of Bank’s legal fees and expenses incurred in connection with this Amendment and (c) such other documents and completion of such other matters, as Bank may
reasonably deem necessary or appropriate. 
 [Signature page follows.] 

 IN WITNESS WHEREOF, the
parties hereto have caused this Amendment to be duly executed and delivered as of the date first written above. 
  

									
	BANK	 	BORROWER
		
	SILICON VALLEY BANK	 	SUMO LOGIC. INC.
					
	By:	 	 /s/ Ashlee Kaji
	 		 	By:	 	 /s/ Sydney Carey

	Name:	 	Ashley Kaji	 		 	Name:	 	Sydney Carey
	Title:	 	Director	 		 	Title:	 	CFO

 

 
 Addendum 1 to Perfection Certificate 

 

	1.	 Is the Company any of the following: 

 

	 	a.	 a public company or an issuer of securities that are registered with the Securities and Exchange Commission
under Section 12 of the Securities Exchange Act of 1934 or that is required to file reports under Section 15(d) of that Act; 

  

	 	b.	 an investment company registered with the Securities and Exchange Commission under the Investment Company Act
of 1940; 

  

	 	c.	 an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act
of 1940; or 

  

	 	d.	 a pooled investment vehicle operated or advised by a regulated financial institution (including an SEC-registered investment adviser)? 

Yes  ☐    No  ☒ 

If yes, skip to the signature page below. If no, continue to question 2: 

 

	2.	 Is the Company a pooled investment vehicle that is not operated or advised by a regulated
financial institution? 

 Yes  ☐    No  ☒ 

If yes, skip to question 4 below. If no, continue to question 3: 

 

	3.	 Does any individual, directly or indirectly (for example, if applicable, through such
individual’s equity interests in the Company’s parent entity), through any contract, arrangement, understanding, relationship or otherwise, own 25% or more of the equity interests of the Company: 

Yes    ☐    No  ☒ 

 If yes, complete the following information. If no, continue to question 4 below. 

 

													
	 	  	 Name
	  	 Date of

birth
	  	 Residential

address
	  	
For US
Persons,
Social
Security
Number:

(non-US
persons
should
provide
SSN if
available)
	  	
For Non-US
Persons: Type
of ID, ID

number,
country of
issuance,
expiration

date
	  	 Percentage

of
 ownership

(if indirect
ownership,
explain
structure)

	 1
	  		  		  		  		  		  	
	 2
	  		  		  		  		  		  	
	 3
	  		  		  		  		  		  	
	 4
	  		  		  		  		  		  	

  

	4.	 Identify one individual with significant responsibility for managing the Company, i.e., an executive officer or
senior manager (e.g., Chief Executive Officer, President, Vice President, Chief Financial Officer, Treasurer, Chief Operating Officer, Managing Member or General Partner) or any other individual who regularly performs similar functions. If
appropriate, an individual listed in the Perfection Certificate above may also be listed here. 

  

											
	 	  	 Name
	  	 Date of

birth
	  	Residential address	  	For US Persons,
Social Security
Number:
(non-US
persons should
provide SSN 
if
available)	  	For Non-US
Persons: Type of
ID, ID number,
country of
issuance,
expiration 
date
	 1
	  	To be provided separately

 [Balance of Page Intentionally Left Blank] 

 The undersigned hereby certifies, to the best of his or her knowledge, that the information set out in
this Addendum 1 to Perfection Certificate and the Perfection Certificate is true, complete and correct. 
 Date: 22 April 2019 

 

			
	By:	 	 /s/ Sydney Carey

	Name:	 	Sydney Carey
	Title:	 	CFO
	Email:	 	 ***

  
 [Signature
Page to Addendum 1 to Perfection Certificate] 

 THIRD AMENDMENT TO 

LOAN AND SECURITY AGREEMENT 

This Third Amendment to Loan and Security Agreement (this “Amendment”) is entered into this 30th day of June, 2019, by and between
SILICON VALLEY BANK (“Bank”) and SUMO LOGIC, INC., a Delaware corporation (“Borrower”). 
 RECITALS

 A.    Bank and Borrower have entered into that certain Loan and Security Agreement dated as of
January 31, 2016 (as the same may from time to time be amended, modified, supplemented or restated, including without limitation, by that certain First Amendment to Loan and Security Agreement by and between Borrower and Bank dated as of
June 28, 2017, and that Second Amendment to Loan and Security Agreement by and between Borrower and Bank dated as of April 22, 2019, collectively, the “Loan Agreement”). 

B.    Bank has extended credit to Borrower for the purposes permitted in the Loan Agreement. 

C.    Borrower has requested that Bank amend the Loan Agreement to extend the Revolving Line Maturity Date. 

D.    Bank has agreed to so amend certain provisions of the Loan Agreement, but only to the extent, in accordance
with the terms, subject to the conditions and in reliance upon the representations and warranties set forth below. 
 AGREEMENT 

Now, THEREFORE, in consideration of the foregoing recitals and other good and valuable consideration, the receipt and adequacy of which
is hereby acknowledged, and intending to be legally bound, the parties hereto agree as follows: 

1.    Definitions. Capitalized terms used but not defined in this Amendment shall have the meanings given to
them in the Loan Agreement. 
 2.    Amendment to Loan Agreement. 

2.1    Section 13 (Definitions). The following term and its respective definition hereby is amended and
restated in its entirety in Section 13.1 of the Loan Agreement as follows: 
 “Revolving Line Maturity Date” is
July 31, 2019. 
 3.    Limitation of Amendment. 

3.1    This Amendment is effective for the purposes set forth herein and shall be limited precisely as written and
shall not be deemed to (a) be a consent to any amendment, waiver or modification of any other term or condition of any Loan Document, or (b) otherwise prejudice any right or remedy which Bank may now have or may have in the future under or
in connection with any Loan Document. 

 3.2    This Amendment shall be construed in connection with and
as part of the Loan Documents and all terms, conditions, representations, warranties, covenants and agreements set forth in the Loan Documents, except as herein amended, are hereby ratified and confirmed and shall remain in full force and effect.

 4.    Representations and Warranties. To induce Bank to enter into this Amendment, Borrower hereby
represents and warrants to Bank as follows: 
 4.1    Immediately after giving effect to this Amendment
(a) the representations and warranties contained in the Loan Documents are true, accurate and complete in all material respects as of the date hereof (except to the extent such representations and warranties relate to an earlier date, in which
case they are true and correct as of such date), and (b) no Event of Default has occurred and is continuing; 

4.2    Borrower has the power and authority to execute and deliver this Amendment and to perform its obligations
under the Loan Agreement, as amended by this Amendment; 
 4.3    The organizational documents of Borrower
delivered to Bank on the Effective Date remain true, accurate and complete and have not been amended, supplemented or restated and are and continue to be in full force and effect; 

4.4    The execution and delivery by Borrower of this Amendment and the performance by Borrower of its obligations
under the Loan Agreement, as amended by this Amendment, have been duly authorized; 
 4.5    The execution and
delivery by Borrower of this Amendment and the performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not and will not contravene (a) any law or regulation binding on or affecting Borrower,
(b) any contractual restriction with a Person binding on Borrower, (c) any order, judgment or decree of any court or other governmental or public body or authority, or subdivision thereof, binding on Borrower, or (d) the
organizational documents of Borrower; 
 4.6    The execution and delivery by Borrower of this Amendment and the
performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not require any order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by any
governmental or public body or authority, or subdivision thereof, binding on Borrower, except as already has been obtained or made; and 

4.7    This Amendment has been duly executed and delivered by Borrower and is the binding obligation of Borrower,
enforceable against Borrower in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, liquidation, moratorium or other similar laws of general application and equitable principles relating
to or affecting creditors’ rights. 

 5.    Ratification of Perfection Certificate. Borrower
hereby ratifies, confirms and reaffirms, all and singular, the terms and disclosures contained in a certain Perfection Certificate dated on or prior to the Effective Date and acknowledges, confirms and agrees that the disclosures and information
Borrower provided to Bank in such Perfection Certificate have not changed, as of the date hereof, with the exception of inclusion of Addendum 1 delivered in connection with the Second Amendment to Loan and Security Agreement. 

6.    Integration. This Amendment and the Loan Documents represent the entire agreement about this subject
matter and supersede prior negotiations or agreements. All prior agreements, understandings, representations, warranties, and negotiations between the parties about the subject matter of this Amendment and the Loan Documents merge into this
Amendment and the Loan Documents. 
 7.    Counterparts. This Amendment may be executed in any number of
counterparts and all of such counterparts taken together shall be deemed to constitute one and the same instrument. 

8.    Effectiveness. This Amendment shall be deemed effective upon (a) the due execution and delivery
to Bank of this Amendment by each party hereto, (b) Borrower’s payment of Bank’s legal fees and expenses incurred in connection with this Amendment, and (c) such other documents and completion of such other matters, as Bank may
reasonably deem necessary or appropriate. 
 [Balance of Page Intentionally Left Blank] 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and
delivered as of the date first written above. 
  

									
	BANK	 		 	BORROWER
			
	SILICON VALLEY BANK	 		 	SUMO LOGIC, INC.
					
	By:	 	 /s/ Ashlee Kaji
	 		 	By:	 	 /s/ Sydney Carey

	Name:	 	Ashlee Kaji	 		 	Name:	 	Sydney Carey
	Title:	 	Director	 		 	Title:	 	CFO

 [Signature Page to Third Amendment to Loan and Security Agreement] 

 FOURTH AMENDMENT TO 

LOAN AND SECURITY AGREEMENT 

This Fourth Amendment to Loan and Security Agreement (this “Amendment”) is entered into this 30th day of July, 2019, by and between
SILICON VALLEY BANK (“Bank”) and SUMO LOGIC, INC., a Delaware corporation (“Borrower”). 
 RECITALS

 A.    Bank and Borrower have entered into that certain Loan and Security Agreement dated as of
January 31, 2016 (as the same may from time to time be amended, modified, supplemented or restated, including without limitation, by that certain First Amendment to Loan and Security Agreement by and between Borrower and Bank dated as of
June 28, 2017, that certain Second Amendment to Loan and Security Agreement by and between Borrower and Bank dated as of April 22, 2019, and that certain Third Amendment to Loan and Security Agreement by and between Borrower and Bank dated
as of June 30, 2019, collectively, the “Loan Agreement”). 
 B.    Bank has extended credit to
Borrower for the purposes permitted in the Loan Agreement. 
 C.    Borrower has requested that Bank amend the
Loan Agreement to (i) extend additional credit to Borrower, (ii) extend the Revolving Line Maturity Date, and (iii) make certain other revisions to the Loan Agreement as more fully set forth herein. 

D.    Bank has agreed to so amend certain provisions of the Loan Agreement, but only to the extent, in accordance
with the terms, subject to the conditions and in reliance upon the representations and warranties set forth below. 
 AGREEMENT 

Now, THEREFORE, in consideration of the foregoing recitals and other good and valuable consideration, the receipt and adequacy of which
is hereby acknowledged, and intending to be legally bound, the parties hereto agree as follows: 

1.    Definitions. Capitalized terms used but not defined in this Amendment shall have the meanings given to them
in the Loan Agreement. 
 2.    Amendment to Loan Agreement. 

2.1    Section 3.3 (Condition Precedent to Credit Extensions in Excess of Ten Million Dollars ($10,000,000) ).
Section 3.3 of the Loan Agreement hereby is amended and restated in its entirety to read as follows: 
 “3.3 Condition
Precedent to Credit Extensions in Excess of Ten Million Dollars ($10,000,000). Prior to the aggregate amount of Credit Extensions made by Bank to Borrower exceeding Ten Million Dollars ($10,000,000) for the first time after the Fourth Amendment
Effective Date, Borrower shall provide Bank with a Warrant to Purchase 10,530 shares of 

 
Borrower’s Series G Preferred Stock (or Common Stock issued upon conversion thereof) (the “Additional Warrant”). The Additional Warrant shall be documented in a form
substantially similar to the Fourth Amendment Effective date Warrant.” 
 2.2    Section 6.8 (Operating
Accounts). Section 6.8(a) of the Loan Agreement hereby is amended and restated in its entirety to read as follows: 

“(a)     Maintain its primary and its Subsidiaries’ primary operating and other deposit accounts and securities
accounts with Bank, which accounts shall represent an amount equal to the lesser of (i) Fifty Million Dollars ($50,000,000), or (ii) eighty-five percent (85%) of the dollar value of all amounts held in Borrower’s and such
Subsidiaries’ accounts at all financial institutions.” 
 2.3    Section 6.12 (Formation or
Acquisition of Subsidiaries). Section 6.12 of the Loan Agreement hereby is amended and restated in its entirety to read as follows: 

“6.12    Formation or Acquisition of Subsidiaries. Notwithstanding and without limiting the negative
covenants contained in Sections 7.3 and 7.7 hereof, at the time that Borrower or any Guarantor forms any direct or indirect Subsidiary or acquires any direct or indirect Subsidiary after the Effective Date (including, without limitation, pursuant to
a Division), Borrower and such Guarantor shall (a) cause such new Subsidiary to provide to Bank a joinder to the Loan Agreement to cause such Subsidiary to become a co-borrower hereunder, together with
such appropriate financing statements and/or Control Agreements, all in form and substance satisfactory to Bank (including being sufficient to grant Bank a first priority Lien (subject to Permitted Liens) in and to the assets of such newly formed or
acquired Subsidiary), (b) provide to Bank appropriate certificates and powers and financing statements, pledging all of the direct or beneficial ownership interest in such new Subsidiary, in form and substance satisfactory to Bank, and
(c) provide to Bank all other documentation in form and substance satisfactory to Bank which in its opinion is appropriate with respect to the execution and delivery of the applicable documentation referred to above. Any document, agreement, or
instrument executed or issued pursuant to this Section 6.12 shall be a Loan Document.” 

2.4    Section 7.1 (Dispositions). Section 7.1 of the Loan Agreement hereby is amended and restated in
its entirety to read as follows: 
 “7.1    Dispositions. Convey, sell, lease, transfer, assign, or
otherwise dispose of (including, without limitation, pursuant to a Division) (collectively, “Transfer”), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, except for Transfers (a) of Inventory
in the ordinary course of business; (b) of worn-out or obsolete Equipment that is, in the reasonable judgment of Borrower, no longer economically practicable to maintain or useful in the ordinary course
of business of Borrower; (c) consisting of Permitted Liens and Permitted Investments; (d) consisting of the sale or issuance of any stock of Borrower pe 1111itted under Section 7.2 of this Agreement; (e) consisting of
Borrower’s use or transfer of money or Cash Equivalents in a manner that is not prohibited by the terms of this Agreement or the other Loan Documents; (f) of non-exclusive licenses for the use of the
property of Borrower or its Subsidiaries in the ordinary course of business and licenses that could not result in a legal transfer of title of the licensed property but that may be exclusive in respects other than territory and that may be exclusive
as to territory only as to discreet geographical areas outside of the United States and (g) consisting of the use of cash in the ordinary course of business to the extent not otherwise prohibited hereunder.” 

 2.5    Section 7.2 (Changes in Business, Management, Control
or Business Locations). Section 7.2 of the Loan Agreement hereby is amended and restated in its entirety to read as follows: 

“7.2    Changes in Business, Management, Control, or Business Locations. (a) Engage in or permit
any of its Subsidiaries to engage in any business other than the businesses currently engaged in by Borrower and such Subsidiary, as applicable, or reasonably related thereto; (b) liquidate or dissolve; (c) fail to provide notice to Bank
of any Key Person departing from or ceasing to be employed by Borrower within five (5) days after his/her departure from Borrower; or (d) permit or suffer any Change in Control. 

Borrower shall not, without at least thirty (30) days prior written notice to Bank (1) change its jurisdiction of organization,
(2) change its organizational structure or type, (3) change its legal name, or (4) change any organizational number (if any) assigned by its jurisdiction of organization. If Borrower intends to deliver any portion of the Collateral
valued, individually or in the aggregate, in excess of One Hundred Thousand Dollars ($100,000) to a bailee, and Bank and such bailee are not already parties to a bailee agreement governing both the Collateral and the location to which Borrower
intends to deliver the Collateral, then Borrower will first receive the written consent of Bank, and such bailee shall execute and deliver a bailee agreement in form and substance satisfactory to Bank.” 

2.6    Section 7.3 (Mergers or Acquisitions). Section 7.3 of the Loan Agreement hereby is amended and
restated in its entirety to read as follows: 
 “7.3    Mergers or Acquisitions. Merge or
consolidate, or permit any of its Subsidiaries to merge or consolidate, with any other Person, or acquire, or permit any of its Subsidiaries to acquire, all or substantially all of the capital stock or property of another Person (including, without
limitation, by the formation of any Subsidiary or pursuant to a Division) (any such transaction, a “Merger”); provided, however, that Bank’s written consent shall not be required for (i) any Merger where immediately after
giving effect thereto Borrower’s Liquidity is greater than One Hundred Million Dollars ($100,000,000), or (ii) one or more Mergers effected in a single fiscal year with aggregate cash consideration paid of no more than Fifteen Million
Dollars ($15,000,000) (the “Annual M&A Allowance”), so long as immediately after giving effect thereto Borrower’s Liquidity is at least Thirty Million Dollars ($30,000,000) and provided further that in either of (i) or
(ii) above, Borrower has provided Bank with evidence reasonably satisfactory to Bank in its good faith business judgment demonstrating Borrower’s Liquidity in the amounts referenced in either of (i) or (ii) above, as applicable. A
Subsidiary may merge or consolidate into another Subsidiary or into Borrower.” 

 2.7    Section 13 (Definitions). The following terms and
their respective definitions hereby are added, or amended and restated in their entirety, in Section 13.1 of the Loan Agreement, as appropriate, as follows: 

“Division” means, in reference to any Person which is an entity, the division of such Person into two (2) or more
separate Persons, with the dividing Person either continuing or terminating its existence as part of such division, including, without limitation, as contemplated under Section 18-217 of the Delaware
Limited Liability Company Act for limited liability companies formed under Delaware law, or any analogous action taken pursuant to any other applicable law with respect to any corporation, limited liability company, partnership or other entity. 

“Fourth Amendment Effective Date” is July 30, 2019. 

“Fourth Amendment Effective Date Warrant” that certain Warrant to Purchase Stock dated as of the Fourth Amendment Effective
Date executed by Borrower in favor of Bank. 
 “Liquidity” is, at any time, the sum of (a) the aggregate amount of
unrestricted cash held at such time by Borrower in Deposit Accounts maintained with Bank, plus (b) the aggregate amount of unrestricted cash held at such time by Borrower outside Bank, but subject to Control Agreements in favor of Bank, plus
(c) the Foreign Accounts, plus (d) the Availability Amount. 
 “Quick Assets” is, on any date, the sum of
(a) Borrower’s consolidated, unrestricted cash and Cash Equivalents maintained with Bank and Bank’s Affiliates, plus (b) the aggregate amount of unrestricted cash held at such time by Borrower outside Bank, but subject to Control
Agreements in favor of Bank, plus (c) Borrower’s net billed accounts receivable, plus (d) the Foreign Accounts. 

“Revolving Line” is an aggregate principal amount equal to Twenty-Five Million Dollars ($25,000,000); provided, however, that
so long as no Event of Default has occurred, Borrower may request, during the term of this Agreement, that Bank increase the amount of the Revolving Line to an amount up to Fifty Million Dollars ($50,000,000). Any increase in the amount of the
Revolving Line shall be made in Bank’s sole discretion, based, in whole or in part on the following: (i) Bank’s review of Borrower’s most recent financial statements; (ii) Bank’s internal risk management review and
credit approval and (iii) Bank and Borrower entering into the an amendment to this Agreement in form and substance acceptable to Bank in its sole discretion (including but not limited to address pricing and structural changes). 

“Revolving Line Maturity Date” is July 31, 2021. 

“Warrant” is (i) the Initial Warrant, (ii) the First Amendment Effective Date Warrant, (iii) the Fourth
Amendment Effective Date Warrant, and (iv) the Additional Warrant (if any) as defined in Section 3.3 hereof. 

2.8    Exhibit C (including Schedule 1) of the Loan Agreement hereby is replaced with Exhibit C
(including Schedule 1) attached hereto. 
 3.    Limitation of Amendment. 

3.1    This Amendment is effective for the purposes set forth herein and shall be limited precisely as written and
shall not be deemed to (a) be a consent to any amendment, waiver or modification of any other term or condition of any Loan Document, or (b) otherwise prejudice any right or remedy which Bank may now have or may have in the future under or
in connection with any Loan Document. 

 3.2    This Amendment shall be construed in connection with and
as part of the Loan Documents and all terms, conditions, representations, warranties, covenants and agreements set forth in the Loan Documents, except as herein amended, are hereby ratified and confirmed and shall remain in full force and effect.

 4.    Representations and Warranties. To induce Bank to enter into this Amendment, Borrower hereby
represents and warrants to Bank as follows: 
 4.1    Immediately after giving effect to this Amendment
(a) the representations and warranties contained in the Loan Documents are true, accurate and complete in all material respects as of the date hereof (except to the extent such representations and warranties relate to an earlier date, in which
case they are true and correct as of such date), and (b) no Event of Default has occurred and is continuing; 

4.2    Borrower has the power and authority to execute and deliver this 

Amendment and to perform its obligations under the Loan Agreement, as amended by this Amendment; 

4.3    The organizational documents of Borrower delivered to Bank on the 

Effective Date remain true, accurate and complete and have not been amended, supplemented or restated and are and continue to be in full force
and effect; 
 4.4    The execution and delivery by Borrower of this Amendment and the 

performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, have been duly authorized; 

4.5    The execution and delivery by Borrower of this Amendment and the performance by Borrower of its obligations
under the Loan Agreement, as amended by this Amendment, do not and will not contravene (a) any law or regulation binding on or affecting Borrower, (b) any contractual restriction with a Person binding on Borrower, (c) any order,
judgment or decree of any court or other governmental or public body or authority, or subdivision thereof, binding on Borrower, or (d) the organizational documents of Borrower; 

4.6    The execution and delivery by Borrower of this Amendment and the performance by Borrower of its obligations
under the Loan Agreement, as amended by this Amendment, do not require any order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by any governmental or public body or authority, or
subdivision thereof, binding on Borrower, except as already has been obtained or made; and 
 4.7    This
Amendment has been duly executed and delivered by Borrower and is the binding obligation of Borrower, enforceable against Borrower in accordance with its terms, 

 
except as such enforceability may be limited by bankruptcy, insolvency, reorganization, liquidation, moratorium or other similar laws of general application and equitable principles relating to
or affecting creditors’ rights. 
 5.    Ratification of Perfection Certificate. Borrower hereby
ratifies, confirms and reaffirms, all and singular, the terms and disclosures contained in a certain Perfection Certificate dated on or prior to the Effective Date and acknowledges, confirms and agrees that the disclosures and information Borrower
provided to Bank in such Perfection Certificate have not changed, as of the date hereof, with the exception of inclusion of Addendum 1 delivered in connection with the Second Amendment to Loan and Security Agreement. 

6.    Integration. This Amendment and the Loan Documents represent the entire agreement about this subject
matter and supersede prior negotiations or agreements. All prior agreements, understandings, representations, warranties, and negotiations between the parties about the subject matter of this Amendment and the Loan Documents merge into this
Amendment and the Loan Documents. 
 7.    Counterparts. This Amendment may be executed in any number of
counterparts and all of such counterparts taken together shall be deemed to constitute one and the same instrument. 

8.    Effectiveness. This Amendment shall be deemed effective upon (a) the due execution and delivery
to Bank of (i) this Amendment by each party hereto, and (ii) the Fourth Amendment Effective Date Warrant, and (b) Borrower’s payment of (i) an amendment fee in an amount equal to Ten Thousand Dollars ($10,000), and
(ii) Bank’s legal fees and expenses incurred in connection with this Amendment, and (c) such other documents and completion of such other matters, as Bank may reasonably deem necessary or appropriate. 

[Balance of Page Intentionally Left Blank] 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed
and delivered as of the date first written above. 
  

									
	BANK	 		 	BORROWER
			
	SILICON VALLEY BANK	 		 	SUMO LOGIC, INC.
					
	By:	 	 /s/ Ashlee Kaji
	 		 	By:	 	
                     
                                         
                   

					
	Name:	 	Ashlee Kaji                    	 		 	Name:	 	
                     

					
	Title:	 	Director                    	 		 	Title:	 	
                     

  

[Signature Page to Fourth Amendment to Loan and Security Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed
and delivered as of the date first written above. 
  

									
	BANK	 		 	BORROWER
			
	SILICON VALLEY BANK	 		 	SUMO LOGIC, INC.
					
	By:	 	
                     
                                        
	 		 	By:	 	 /s/ Sydney
Carey                                        
        

	  
 Name:
	 	  
  
	 		 	 Name:
 Title:
	 	 Sydney Carey
 CFO

	  
 Title:
	 	  
  
	 	

  

[Signature Page to Fourth Amendment to Loan and Security Agreement] 

 EXHIBIT C 

COMPLIANCE CERTIFICATE 
  

					
	TO:	  	SILICON VALLEY BANK	  	Date:                     
	FROM:	  	SUMO LOGIC, INC.	  	

 The undersigned authorized officer of SUMO LOGIC, INC. (“Borrower”) certifies that under the terms
and conditions of the Loan and Security Agreement between Borrower and Bank (the “Agreement”):(1) Borrower is in complete compliance for the period ending
                     with all required covenants except as noted below; (2) there are no Events of Default; (3) all representations and
warranties in the Agreement are true and correct in all material respects on this date except as noted below; provided, however, that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified
or modified by materiality in the text thereof; and provided, further that those representations and warranties expressly referring to a specific date shall be true, accurate and complete in all material respects as of such date; (4) Borrower,
and each of its Subsidiaries, has timely filed all required tax returns and reports, and Borrower has timely paid all foreign, federal, state and local taxes, assessments, deposits and contributions owed by Borrower except as otherwise permitted
pursuant to the terms of Section 5.9 of the Agreement; and (5) no Liens have been levied or claims made against Borrower or any of its Subsidiaries relating to unpaid employee payroll or benefits of which Borrower has not previously
provided written notification to Bank. 
 Attached are the required documents supporting the certification. The undersigned certifies that
these are prepared in accordance with GAAP consistently applied from one period to the next except as explained in an accompanying letter or footnotes. The undersigned acknowledges that no borrowings may be requested at any time or date of
determination that Borrower is not in compliance with any of the terms of the Agreement, and that compliance is determined not just at the date this certificate is delivered. Capitalized terms used but not otherwise defined herein shall have the
meanings given them in the Agreement. 
 Please indicate compliance status by circling Yes/No under “Complies” column. 

 

									
	 Reporting Covenants
	  	 Required
	  	Complies	 
	Monthly financial statements with Compliance Certificate	  	Monthly within 30 days	  	Yes
	  	 	No	 
				
	Annual financial statement (CPA Audited, if required by Borrower’s board of directors) + CC	  	FYE within 180 days	  	Yes	  	 	No	 
				
	Annual financial statement (company prepared)	  	FYE within 30 days	  		  			
				
	10-Q, 10-K and 8-K	  	Within 5 days after filing with SEC	  	Yes	  	 	No	 
				
	SaaS Metrics Report	  	Monthly within 30 days	  	Yes	  	 	No	 
				
	Projections	  	FYE within 30 days	  	Yes	  	 	No	 

									
	 Performance Pricing
	  	Applies	 
	Adjusted Quick Ratio greater than or equal to 1.75:1.00	  	Prime + 0.25%	  	Yes	  	 	No	 
				
	Adjusted Quick Ratio less than 1.75:1.00	  	Prime + 0.75%	  	Yes	  	 	No	 

 The following analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the
date of this Certificate. 
  
  

 Other Matters 
  

					
	Have there been any amendments of or other changes to the capitalization table of Borrower and to the Operating Documents of Borrower or any of its Subsidiaries? If yes provide copies of any such amendments or changes with this
Compliance Certificate.	  	Yes	  	No

 The following are the exceptions with respect to the certification above: (If no exceptions exist, state
“No exceptions to note.”) 
  
  

 
  
  

									
	SUMO LOGIC, INC.	 		 	BANK USE ONLY
					
		 		 		 	Received by:	 	  

	By: 	 	  
	 		 		 	 AUTHORIZED SIGNER
  

	 Name:
	 	  
	 		 	Date:	 	  

	Title:	 	  
	 		 		 	
		 		 		 	Verified:	 	  

		 		 		 		 	AUTHORIZED SIGNER
					
		 		 		 	Date:	 	  

				
		 		 		 	Compliance Status:    Yes     No

 Schedule 1 to Compliance Certificate 

 

			
	 I.         Performance Pricing —
Adjusted Quick Ratio (Section 2.3(a))
	 	
		
	 Required:
                    1.75:1.00 for Performance Pricing
	 	
		
	 Actual:
	 	
		
	 A.         Aggregate value of the unrestricted cash at
Bank and Bank’s Affiliates + Foreign Accounts
	 	$            
		
	 B.         Aggregate value of the net billed accounts
receivable of Borrower
	 	$            
		
	C.         Aggregate value of the unrestricted cash held at such time by Borrower outside Bank, but subject to Control Agreements in favor of Bank	 	
		
	D.         Quick Assets (the sum of lines A, B and C) $	 	$            
		
	E.         Aggregate value of Obligations owing from Borrower to Bank     $	 	$            
		
	F.         Aggregate value of liabilities that should, under GAAP, be classified as liabilities on Borrower’s consolidated balance sheet, including all Indebtedness, and not otherwise
reflected in line D above that matures within one (1) year (less any deferred revenue balances)     $	 	$            
		
	G.         Current Liabilities (the sum of lines E and F) $	 	$            
		
	H.         Quick Ratio (line D divided by line G)	 	

  

							
	 Is line H equal to or greater than 1.75:1:00?

 
	  			
		 	     No, no performance pricing      Yes, apply performance pricing	  

 FIFTH AMENDMENT TO 

LOAN AND SECURITY AGREEMENT 

This Fifth Amendment to Loan and Security Agreement (this “Amendment”) is entered into as of June 26, 2020 (the
“Fifth Amendment Effective Date”), by and between SILICON VALLEY BANK (“Bank”) and SUMO LOGIC, INC., a Delaware corporation (“Borrower”). 

RECITALS 

A. Bank and Borrower have entered into that certain Loan and Security Agreement dated as of January 31, 2016 (as the same may from
time to time be further amended, modified, supplemented or restated, including without limitation, by that certain First Amendment to Loan and Security Agreement dated as of June 28, 2017, that certain Second Amendment to Loan and Security
Agreement dated as of April 22, 2019, that certain Third Amendment to Loan and Security Agreement dated as of June 30, 2019, and that certain Fourth Amendment to Loan and Security Agreement dated as of July 30, 2019, collectively, the
“Loan Agreement”). 
 B. Bank has extended credit to Borrower for the purposes permitted in the Loan Agreement. 

C. Borrower has requested that Bank amend the Loan Agreement to (i) extend additional credit to Borrower, (ii) extend the
Revolving Line Maturity Date, and (iii) make certain other revisions to the Loan Agreement as more fully set forth herein. 
 D.
Bank has agreed to so amend certain provisions of the Loan Agreement, but only to the extent, in accordance with the terms, subject to the conditions and in reliance upon the representations and warranties set forth below. 

AGREEMENT 

NOW, THEREFORE, in consideration of the foregoing recitals and other good and valuable consideration, the
receipt and adequacy of which is hereby acknowledged, and intending to be legally bound, the parties hereto agree as follows: 
 1.
Definitions. Capitalized terms used but not defined in this Amendment shall have the meanings given to them in the Loan Agreement. 

2. Amendments to Loan Agreement. 

2.1 Section 2.3 (Payment of Interest on the Credit Extensions). Section 2.3(a) of the Loan Agreement hereby is
amended and restated in its entirety and replaced with the following: 
 “(a) Advances. Subject to
Section 2.3(b), the principal amount outstanding under the Revolving Line shall accrue interest at a floating per annum rate equal to the greater of (i) three quarters of one percentage point (0.75%) above the Prime Rate, and
(ii) five and one quarter percentage points (5.25%) (the “Interest Rate”); provided, however, if Borrower’s Adjusted Quick Ratio 

 
(measured as of the last day of each month) is equal to or greater than 1.75 to 1.00, the Interest Rate for the month following such measuring period shall instead equal the greater of
(i) one quarter of one percentage point (0.25%) above the Prime Rate, or (ii) four and three quarters percentage points (4.75%), which interest shall be payable monthly in accordance with Section 2.3(d) below.” 

2.2 Section 2.4 (Fees). Section 2.4 of the Loan Agreement hereby is amended and restated by (i) amending
Subsections (a) and (b) to read as follows, and (ii) renumbering the prior Subsections (b) and (c) to reflect Subsections (c) and (d): 

“(a) Revolving Line Anniversary Fees. Fully earned, non-refundable
anniversary fees of Fifty Thousand Dollars ($50,000) each (each, an “Anniversary Fee”) are earned as of the Fifth Amendment Effective Date and re due and payable on each of (I) the Fifth Amendment Effective Date, and
(II) the earlier to occur of (A) the one (1) year anniversary of the Fifth Amendment Effective Date, (B) the termination of this Agreement, or (C) the acceleration of the Obligations following the occurrence of an Event of
Default; 
 (b) Unused Revolving Line Facility Fee. Payable quarterly in arrears on the last day of each calendar
quarter occurring thereafter prior to the Revolving Line Maturity Date, and on the Revolving Line Maturity Date, a fee (the “Unused Revolving Line Facility Fee”) in an amount equal to fifteen one hundredths percentage points (0.15%)
per annum of the average unused portion of the Revolving Line, as determined by Bank, computed on the basis of a year with the applicable number of days as set forth in Section 2.3(d). The unused portion of the Revolving Line, for purposes of
this calculation, shall be calculated on a calendar year basis and shall equal the difference between (i) the Revolving Line, and (ii) the average for the period of the daily closing balance of the Revolving Line outstanding; and”

 2.3 Section 6.2 (Financial Statements, Reports, Certificates). New Section 6.2(l) is hereby added to the Loan
Agreement to read as follows: 
 “(l) prompt written notice of any changes to the beneficial ownership information set
out in Section 13 to the Perfection Certificate. Borrower understands and acknowledges that Bank relies on such true, accurate and up-to-date beneficial ownership
information to meet Bank’s regulatory obligations to obtain, verify and record information about the beneficial owners of its legal entity customers.” 

2.4 Section 6.8 (Operating Accounts). Section 6.8(a) of the Loan Agreement hereby is amended and restated in its
entirety and replaced with the following: 
 “(a) Maintain its primary and its Subsidiaries’ primary operating and
other deposit accounts and excess cash with Bank, which accounts shall represent an amount equal to the lesser of (i) Fifty Million Dollars ($50,000,000), or (ii) eighty-five percent (85%) of the dollar value of all amounts held in
Borrower’s and 

  
 2 

 
such Subsidiaries’ accounts at all financial institutions. In addition, Borrower shall use Bank as its primary provider of domestic business credit cards, letters of credit and cash
management services from Bank.” 
 2.5 Section 6.9 (Intentionally Omitted). Section 6.9 of the Loan Agreement
hereby is amended and restated in its entirety and replaced with the following: 
 “6.9 Minimum Adjusted Quick
Ratio. Maintain at all times, but tested monthly as of the last day of each month, an Adjusted Quick Ratio greater than or equal to 1.25 to 1.00.” 

2.6 Section 7.1 (Dispositions). Section 7.1 of the Loan Agreement is hereby amended and restated to read as follows: 

“7.1 Dispositions. Convey, sell, lease, transfer, assign, or otherwise dispose of (including, without limitation,
pursuant to a Division) (collectively, “Transfer”), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, except for Transfers (a) of Inventory in the ordinary course of business;
(b) of worn-out or obsolete Equipment that is, in the reasonable judgment of Borrower, no longer economically practicable to maintain or useful in the ordinary course of business of Borrower;
(c) consisting of Permitted Liens and Permitted Investments; (d) consisting of the sale or issuance of any stock of Borrower permitted under Section 7.2 of this Agreement; (e) consisting of Borrower’s use or transfer of
money or Cash Equivalents in a manner that is not prohibited by the terms of this Agreement or the other Loan Documents; (f) of non-exclusive licenses for the use of the property of Borrower or its
Subsidiaries in the ordinary course of business and licenses that could not result in a legal transfer of title of the licensed property but that may be exclusive in respects other than territory and that may be exclusive as to territory only as to
discreet geographical areas outside of the United States, (g) consisting of the use of cash in the ordinary course of business to the extent not otherwise prohibited hereunder and (h) by Borrower to any other Borrower or by any Subsidiary
of Borrower to Borrower or another Subsidiary of Borrower.” 
 2.7 Section 7.3 (Mergers or Acquisitions). A new sentence
is hereby added to the end of Section 7.3 to read as follows: 
 “A Borrower may merge or consolidate with another
Borrower.” 
 2.8 Section 7.7 (Distributions; Investments). Section 7.7 of the Loan Agreement is hereby amended and
restated to read as follows: 
 “7.7 Distributions; Investments. (a) Pay any dividends or make any
distribution or payment or redeem, retire or purchase any capital stock provided that (i) Borrower may convert any of its convertible securities into other securities pursuant to the terms of such convertible securities or otherwise in exchange
thereof, (ii) Borrower may pay dividends solely in common stock; (iii) Borrower may repurchase the stock of former employees or consultants pursuant to stock repurchase agreements so long as an Event of

  
 3 

 
Default does not exist at the time of such repurchase and would not exist after giving effect to such repurchase, provided that the aggregate amount of all such repurchases does not exceed Two
Hundred Fifty Thousand Dollars ($250,000) per fiscal year, and (iv) any Subsidiary of Sumo Logic, Inc. may make dividends or distributions ratably on account of its capital stock; or (b) directly or indirectly make any Investment
(including, without limitation, by the formation of any Subsidiary) other than Permitted Investments, or permit any of its Subsidiaries to do so.” 

2.9 Section 7.8 (Transactions with Affiliates). Section 7.8 of the Loan Agreement is hereby amended and restated to read as
follows: 
 “7.8 Transactions with Affiliates. Directly or indirectly enter into or permit to exist any
material transaction with any Affiliate of Borrower, except for (i) transactions that are in the ordinary course of Borrower’s business, upon fair and reasonable terms that are no less favorable to Borrower than would be obtained in an
arm’s length transaction with a non-affiliated Person, (ii) transactions between or among Borrowers, and (iii) transactions between and among Borrower and any of its Subsidiaries which are
otherwise expressly permitted hereunder or between and among any Subsidiaries of Borrower.” 
 2.10 Section 7.11 (Subsidiary
Assets). New Section 7.11 is hereby added to the Loan Agreement to read as follows: 
 “7.11 Subsidiary
Assets. Permit the aggregate value of all unrestricted cash held by (i) JASK LABS LLC, a Delaware limited liability company, to exceed One Million Dollars ($1,000,000) at any time, and (ii) DRAGON MERGER SUB II, LLC, a California
limited liability company, to exceed One Million Dollars ($1,000,000) at any time.” 
 2.11 Section 13
(Definitions). The following terms and their respective definitions hereby are added, or amended and restated in their entirety, in Section 13.1 of the Loan Agreement, as appropriate, as follows: 

“Anniversary Fee” is defined in Section 2.4(a). 

“Annualized Recurring Revenue” is defined as the first
(1st) year of annualized contract value from all of Borrower’s customers under contract at the end of the preceding period. 

“Fifth Amendment Effective Date” is June 26, 2020. 

“MRR” is defined as Borrower’s Annualized Recurring Revenue divided by twelve (12). 

“Obligations” are Borrower’s obligations to pay when due any debts, principal, interest, fees, Bank
Expenses, the Anniversary Fee, the Unused Revolving Line Facility Fee, and other amounts Borrower owes Bank now or later, whether under this Agreement, the other Loan Documents (other than the Warrant), or otherwise, including, without limitation,
all obligations relating to letters of 

  
 4 

 
credit (including reimbursement obligations for drawn and undrawn letters of credit), cash management services, and foreign exchange contracts, if any, and including interest accruing after
Insolvency Proceedings begin and debts, liabilities, or obligations of Borrower assigned to Bank, and to perform Borrower’s duties under the Loan Documents (other than the Warrant). 

“Permitted Indebtedness” (g) Indebtedness of Borrower to any Subsidiary or any other Borrower and Contingent
Obligations of any Subsidiary with respect to obligations of Borrower (provided that the primary obligations are not prohibited hereby), and Indebtedness of any Subsidiary to Borrower or Contingent Obligations of any Borrower with respect to
obligations of any Subsidiary in an aggregate principal amount not to exceed Two Hundred Thousand Dollars ($200,000) or any other Subsidiary and Contingent Obligations of any Subsidiary with respect to obligations of any other Subsidiary (provided
that the primary obligations are not prohibited hereby) and Contingent Obligations of any Borrower with respect to obligations of any other Borrower; 

“Permitted Investments” (g) Investments (i) by Borrower in Subsidiaries not to exceed Five Million
Dollars ($5,000,000) in the aggregate in any trailing six (6) month period, (ii) by Subsidiaries in other Subsidiaries not to exceed Two Hundred Thousand Dollars ($200,000) in the aggregate in any fiscal year or in Borrower, and
(iii) by Borrower in other Borrowers; 
 “Revolving Line” is an aggregate principal amount equal to
Fifty Million Dollars ($50,000,000). 
 “Revolving Line Maturity Date” is June 26, 2022. 

“Unused Revolving Line Facility Fee” is defined in Section 2.4(b). 

2.12 Exhibit C (including Schedule 1) of the Loan Agreement hereby is replaced with Exhibit C (including Schedule 1)
attached hereto. 
 3. Consent. Section 6.12 of the Loan Agreement provides that Borrower (i) shall cause any newly
formed or acquired Subsidiary to become a co-borrower under the Loan Agreement and (ii) will provide Bank with all appropriate documents pledging all of the direct or beneficial ownership interest in such
new Subsidiary. Subject to the terms of Section 9 below, Bank hereby agrees that JASK LABS LLC, a Delaware limited liability company, and DRAGON MERGER SUB II, LLC, a California limited liability company shall not be required to become a co-borrower or guarantor under the Loan Agreement. 
 4. Limitation of Amendment. 

4.1 This Amendment is effective for the purposes set forth herein and shall be limited precisely as written and shall not be deemed to
(a) be a consent to any amendment, waiver or modification of any other term or condition of any Loan Document, or (b) otherwise prejudice any right or remedy which Bank may now have or may have in the future under or in connection with any
Loan Document. 

  
 5 

 4.2 This Amendment shall be construed in connection with and as part of the Loan
Documents and all terms, conditions, representations, warranties, covenants and agreements set forth in the Loan Documents, except as herein amended, are hereby ratified and confirmed and shall remain in full force and effect. 

5. Representations and Warranties. To induce Bank to enter into this Amendment, Borrower hereby represents and warrants to Bank
as follows: 
 5.1 Immediately after giving effect to this Amendment (a) the representations and warranties contained in the
Loan Documents are true, accurate and complete in all material respects as of the date hereof (except to the extent such representations and warranties relate to an earlier date, in which case they are true and correct as of such date), and
(b) no Event of Default has occurred and is continuing; 
 5.2 Borrower has the power and authority to execute and deliver this
Amendment and to perform its obligations under the Loan Agreement, as amended by this Amendment; 
 5.3 The organizational documents
of Borrower delivered to Bank on or prior to the Fifth Amendment Effective Date remain true, accurate and complete and have not been amended, supplemented or restated and are and continue to be in full force and effect; 

5.4 The execution and delivery by Borrower of this Amendment and the performance by Borrower of its obligations under the Loan
Agreement, as amended by this Amendment, have been duly authorized; 
 5.5 The execution and delivery by Borrower of this Amendment
and the performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not and will not contravene (a) any law or regulation binding on or affecting Borrower, (b) any contractual restriction with a
Person binding on Borrower, (c) any order, judgment or decree of any court or other governmental or public body or authority, or subdivision thereof, binding on Borrower, or (d) the organizational documents of Borrower; 

5.6 The execution and delivery by Borrower of this Amendment and the performance by Borrower of its obligations under the Loan
Agreement, as amended by this Amendment, do not require any order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by any governmental or public body or authority, or subdivision
thereof, binding on Borrower, except as already has been obtained or made; and 
 5.7 This Amendment has been duly executed and
delivered by Borrower and is the binding obligation of Borrower, enforceable against Borrower in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, liquidation, moratorium or other
similar laws of general application and equitable principles relating to or affecting creditors’ rights. 
 6. Ratification
of Perfection Certificate. Each Borrower hereby confirms and reaffirms, all and singular, the terms and disclosures contained in those certain Perfection 

  
 6 

 
Certificates dated on or prior to the Fifth Amendment Effective Date and acknowledges, confirms and agrees that the disclosures and information Borrower provided to Bank in such Perfection
Certificate have not changed, as of the date hereof. 
 7. Integration. This Amendment and the Loan Documents represent the
entire agreement about this subject matter and supersede prior negotiations or agreements. All prior agreements, understandings, representations, warranties, and negotiations between the parties about the subject matter of this Amendment and the
Loan Documents merge into this Amendment and the Loan Documents. 
 8. Counterparts. This Amendment may be executed in any
number of counterparts and all of such counterparts taken together shall be deemed to constitute one and the same instrument. 
 9.
Effectiveness. This Amendment shall be deemed effective upon (a) the due execution and delivery to Bank of (i) this Amendment by each party hereto, and (ii) a Corporate Borrowing Certificate from Borrower,
(b) Borrower’s payment of (i) the Anniversary Fee (as defined in Section 2.11 of this Amendment) in an amount equal to Fifty Thousand Dollars ($50,000), and (ii) Bank’s legal fees and expenses incurred in connection
with this Amendment, which, in each case, may be debited from any of Borrower’s accounts at Bank, and (c) such other documents and completion of such other matters, as Bank may reasonably deem necessary or appropriate. 

[Balance of Page Intentionally Left Blank] 

  
 7 

 IN WITNESS WHEREOF, the parties hereto
have caused this Amendment to be duly executed and delivered as of the date first written above. 
 BANK 

SILICON VALLEY BANK 
  

			
	By:	 	 /s/ Charles Thor

		
	Name:	 	 Charles Thor

		
	Title:	 	 Managing Director

  
 [Signature Page to
Fifth Amendment to Loan and Security Agreement] 

 IN WITNESS WHEREOF, the parties hereto
have caused this Amendment to be duly executed and delivered as of the date first written above. 
 BORROWER 

SUMO LOGIC, INC. 
  

			
	By:	 	 /s/ Sydney Carey

		
	Name:	 	 Sydney Carey

		
	Title:	 	 CFO

  
 [Signature Page to
Fifth Amendment to Loan and Security Agreement] 

 EXHIBIT C 

COMPLIANCE CERTIFICATE 
  

					
	TO:	  	SILICON VALLEY BANK	  	Date:                     
	FROM:	  	SUMO LOGIC, INC.	  	

 The undersigned authorized officer of SUMO LOGIC, INC. (“Borrower”) certifies that under the terms
and conditions of the Loan and Security Agreement between Borrower and Bank (the “Agreement”):(1) Borrower is in complete compliance for the period ending
                                         with all
required covenants except as noted below; (2) there are no Events of Default; (3) all representations and warranties in the Agreement are true and correct in all material respects on this date except as noted below; provided, however, that
such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof; and provided, further that those representations and warranties expressly referring
to a specific date shall be true, accurate and complete in all material respects as of such date; (4) Borrower, and each of its Subsidiaries, has timely filed all required tax returns and reports, and Borrower has timely paid all foreign,
federal, state and local taxes, assessments, deposits and contributions owed by Borrower except as otherwise permitted pursuant to the terms of Section 5.9 of the Agreement; and (5) no Liens have been levied or claims made against Borrower
or any of its Subsidiaries relating to unpaid employee payroll or benefits of which Borrower has not previously provided written notification to Bank. 

Attached are the required documents supporting the certification. The undersigned certifies that these are prepared in accordance with GAAP
consistently applied from one period to the next except as explained in an accompanying letter or footnotes. The undersigned acknowledges that no borrowings may be requested at any time or date of determination that Borrower is not in compliance
with any of the terms of the Agreement, and that compliance is determined not just at the date this certificate is delivered. Capitalized terms used but not otherwise defined herein shall have the meanings given them in the Agreement. 

Please indicate compliance status by circling Yes/No under “Complies” column. 

 

					
	 Reporting Covenants
	  	 Required
	  	 Complies

			
	Monthly financial statements with Compliance Certificate	  	Monthly within 30 days	  	Yes    No
	Annual financial statement (CPA Audited, if required by Borrower’s board of directors) + CC	  	FYE within 180 days	  	Yes     No
	Annual financial statement (company prepared)	  	FYE within 30 days	  	
	10-Q, 10-K and 8-K	  	Within 5 days after filing with SEC	  	Yes    No
	SaaS Metrics Report	  	Monthly within 30 days	  	Yes    No
	Projections	  	FYE within 30 days	  	Yes    No

  

					
	 Performance Pricing
	  	 Applies

	Adjusted Quick Ratio greater than or equal to 1.75:1.00	  	the greater of (i) Prime + 0.25%, or (ii) 4.75%	  	Yes    No
	Adjusted Quick Ratio less than 1.75:1.00	  	the greater of (i) Prime + 0.75%, or (ii) 5.25%	  	Yes    No

 The following analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the
date of this Compliance Certificate. 

 Other Matters 
  

					
	 Have there been any amendments of or other changes to the capitalization table of Borrower and to the Operating
Documents of Borrower or any of its Subsidiaries? If yes, provide copies of any such amendments or changes with this Compliance Certificate.
	  	Yes    	  	No    

 The following are the exceptions with respect to the certification above: (If no exceptions exist, state
“No exceptions to note.”) 
  

																	
	 SUMO LOGIC, INC.
	 		 	BANK USE ONLY
					
		 		 		 	Received by:	 	  

		 		 		 		 	AUTHORIZED SIGNER
									
	By:	 	  
	 		 		 		 		 		  		 	
					
	Name:	 	  
	 		 	Date:	 	  

					
	Title:	 	  
	 		 		 	
					
		 		 		 	Verified:	 	  

		 		 		 		 	AUTHORIZED SIGNER
					
		 		 		 	Date:	 	  

						
		 		 		 	Compliance Status:	 	Yes    	  	No    

 Schedule 1 to Compliance Certificate 

 

	I.	 Adjusted Quick Ratio (Section 6.9) 

Required: 1.25:1.00 
 Actual: 

 

					
	A.	  	Aggregate value of the unrestricted cash at Bank and Bank’s Affiliates + Foreign Accounts	  	$            
			
	B.	  	Aggregate value of the net billed accounts receivable of Borrower	  	$            
			
	C.	  	Aggregate value of the unrestricted cash held at such time by Borrower outside Bank, but subject to Control Agreements in favor of Bank	  	
			
	D.	  	Quick Assets (the sum of lines A, B and C)	  	$            
			
	E.	  	Aggregate value of Obligations owing from Borrower to Bank	  	$            
			
	F.	  	Aggregate value of liabilities that should, under GAAP, be classified as liabilities on Borrower’s consolidated balance sheet, including all Indebtedness, and not otherwise reflected in line D above that matures within one
(1) year (less any deferred revenue balances)	  	$            
			
	G.	  	Current Liabilities (the sum of lines E and F)	  	$            
			
	H.	  	Quick Ratio (line D divided by line G)	  	             

 Is line H greater than or equal to 1.25:1:00? 
  

									
	              
	  	No, not in compliance	  		  	             	  	Yes, in compliance

  

	II.	 Performance Pricing (Section 2.3(a)) 

Required: 1.75:1.00 
 Actual: 

 

					
	A.	  	Aggregate value of the unrestricted cash at Bank and Bank’s Affiliates + Foreign Accounts	  	$                    
			
	B.	  	Aggregate value of the net billed accounts receivable of Borrower	  	$                    
			
	C.	  	Aggregate value of the unrestricted cash held at such time by Borrower outside Bank, but subject to Control Agreements in favor of Bank	  	
			
	D.	  	Quick Assets (the sum of lines A, B and C)	  	$                    
			
	E.	  	Aggregate value of Obligations owing from Borrower to Bank	  	$                    

					
			
	F.	  	Aggregate value of liabilities that should, under GAAP, be classified as liabilities on Borrower’s consolidated balance sheet, including all Indebtedness, and not otherwise reflected in line D above that matures within one
(1) year (less any deferred revenue balances)	  	$            
			
	G.	  	Current Liabilities (the sum of lines E and F)	  	$            
			
	H.	  	Quick Ratio (line D divided by line G)	  	            

 Is line H greater than or equal to 1.75:1:00? 
  

									
	              
	  	No, no performance pricing	  		  	              
	  	Yes, apply performance pricing

 

 
 CORPORATE BORROWING CERTIFICATE 

 

							
	BORROWER:	  	SUMO LOGIC, INC.	  	DATE:	  	June 26, 2020
	BANK:	  	SILICON VALLEY BANK	  		  	

 I hereby certify as follows, as of the date set forth above: 

1. I am the Secretary, Assistant Secretary or other officer of Borrower. My title is as set forth below. 

2. Borrower’s exact legal name is set forth above. Borrower is a corporation existing under the laws of the State of Delaware. 

3. Attached hereto are true, correct and complete copies of Borrower’s Certificate of Incorporation (including amendments), as filed with the Secretary
of State of the state in which Borrower is incorporated as set forth above. Such Certificate of Incorporation has not been amended, annulled, rescinded, revoked or supplemented, and remains in full force and effect as of the date hereof. 

4. The following resolutions were duly and validly adopted by Borrower’s Board of Directors at a duly held meeting of such directors (or pursuant to a
unanimous written consent or other authorized corporate action). Such resolutions are in full force and effect as of the date hereof and have not been in any way modified, repealed, rescinded, amended or revoked, and Silicon Valley Bank
(“Bank”) may rely on them until Bank receives written notice of revocation from Borrower. 

RESOLVED, that any one of the following officers or employees of Borrower, whose names, titles and
signatures are below, may act on behalf of Borrower: 
  

							
	 Name
	  	 Title
	  	 Signature
	  	 Authorized
to Add

or

Remove
Signatories

				
	 Sydney Carey
	  	 CFO
	  	  
	  	☐
				
	 Jennifer McCord
	  	 VP Finance & Chief Accounting Officer
	  	  
	  	☐
				
	 Raymond Yue
	  	 VP of FP&A
	  	  
	  	☐
				
	  
	  	  
	  	  
	  	☐

 RESOLVED FURTHER, that any one of the persons
designated above with a checked box beside his or her name may, from time to time, add or remove any individuals to and from the above list of persons authorized to act on behalf of Borrower. 

RESOLVED FURTHER, that such individuals may, on behalf of Borrower: 

Borrow Money. Borrow money from Bank. 

Execute Loan Documents. Execute any loan documents Bank requires. 

Grant Security. Grant Bank a security interest in any of Borrower’s assets. 

Negotiate Items. Negotiate or discount all drafts, trade acceptances, promissory notes, or other indebtedness in which Borrower has an
interest and receive cash or otherwise use the proceeds. 
 Apply for Letters of Credit. Apply for letters of credit from Bank. 

Enter Derivative Transactions. Execute spot or forward foreign exchange contracts, interest rate swap agreements, or other derivative
transactions. 
 Issue Warrants. Issue warrants for Borrower’s capital stock. 

Further Acts. Designate other individuals to request advances, pay fees and costs and execute other documents or agreements (including
documents or agreement that waive Borrower’s right to a jury trial) they believe to be necessary to effect these resolutions. 

RESOLVED FURTHER, that all acts authorized by the above resolutions and any
prior acts relating thereto are ratified. 
 5. The persons listed above are Borrower’s officers or employees with their titles and signatures shown
next to their names. 
  

			
	By:	 	  

	Name:	 	 Sydney Carey

	Title:	 	 CFO

 *** If the Secretary, Assistant Secretary or other certifying officer executing above is designated
by the resolutions set forth in paragraph 4 as one of the authorized signing officers, this Certificate must also be signed by a second authorized officer or director of Borrower. 

I, the CEO of Borrower, hereby certify as to paragraphs 1 through 5 above, as of the date set forth above. 

 

			
	By:	 	  

	Name:	 	 Ramin Sayar

	Title:	 	 CEODocument

Exhibit 10.1

SNOWFLAKE INC.
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

SNOWFLAKE INC. 
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT
THIS AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT (the “Agreement”) is entered into as of the 7th day of February, 2020, by and among Snowflake Inc., a Delaware corporation (the “Company”), the Holders (as defined below) and the investors listed on Exhibit A hereto, referred to hereinafter as the “Investors” and each individually as an “Investor.”
RECITALS
WHEREAS, certain of the Investors are purchasing shares of the Company’s Series G-1 Preferred Stock (the “Series G-1 Preferred”) and Series G-2 Preferred Stock (the “Series G-2 Preferred”), pursuant to that certain Series G-1 and G-2 Preferred Stock Purchase Agreement (the “Purchase Agreement”) of even date herewith (the “Financing”);
WHEREAS, the obligations in the Purchase Agreement are conditioned upon the execution and delivery of this Agreement;
WHEREAS, certain of the Investors (the “Prior Investors”) are holders of the Company’s Series F Preferred Stock (the “Series F Preferred”), Series E Preferred Stock (the “Series E Preferred”), Series D Preferred Stock (the “Series D Preferred”), Series C Preferred Stock (the “Series C Preferred”), Series B Preferred Stock (the “Series B Preferred”), Series A Preferred Stock (the “Series A Preferred”) and Series Seed Preferred Stock (the “Series Seed Preferred,” the Series G-2 Preferred, the Series G-1 Preferred, the Series F Preferred, the Series E Preferred, the Series D Preferred, the Series C Preferred, the Series B Preferred, the Series A Preferred and the Series Seed Preferred shall be referred to herein collectively as the “Preferred Stock”);
WHEREAS, the Prior Investors and the Company are parties to an Amended and Restated Investor Rights Agreement dated October 9, 2018, as amended (the “Prior Agreement”);
WHEREAS, the parties to the Prior Agreement desire to amend and restate the Prior Agreement and accept the rights and covenants hereof in lieu of their rights and covenants under the Prior Agreement; and
WHEREAS, in connection with the consummation of the Financing, the Company and the Investors have agreed to the registration rights, information rights, and other rights as set forth below.
NOW, THEREFORE, in consideration of these premises and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
SECTION 1. GENERAL.  
1.1 Amendment and Restatement of Prior Agreement.  The Prior Agreement is hereby amended in its entirety and restated herein.  Such amendment and restatement is effective upon the execution of this Agreement by the Company and the holders of a majority of the Registrable Securities (as defined in the Prior Agreement) outstanding as of the date of this Agreement.  Upon such execution, all provisions of, rights granted and covenants made in the Prior Agreement are hereby waived, released and superseded in their entirety and shall have no further force or effect, including, without limitation, all rights of first refusal and any notice period associated therewith otherwise applicable to the transactions contemplated by the Purchase Agreement.
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1.2 Definitions.  As used in this Agreement the following terms shall have the following respective meanings:
(a) “Common Stock” means the Company’s Class A Common Stock and Class B Common Stock.
(b)  “Direct Listing” means the settlement of the initial trade of shares of the Company’s Class A Common Stock on the New York Stock Exchange, Nasdaq Global Select Market or Nasdaq Global Market by means of an effective registration statement on Form S-1 filed by the Company with the SEC that registers all shares of existing capital stock of the Company for resale that are not otherwise eligible for resale pursuant to Rule 144 or other resale exemption. For the avoidance of doubt, a Direct Listing shall not be deemed to be an underwritten offering and shall not involve any underwriting services. Any and all mentions of an underwritten offering or underwriters contained herein shall not apply to a Direct Listing.
(c)  “Exchange Act” means the Securities Exchange Act of 1934, as amended.
(d) “Form S-3” means such form under the Securities Act as in effect on the date hereof or any successor or similar registration form under the Securities Act subsequently adopted by the SEC which permits inclusion or incorporation of substantial information by reference to other documents filed by the Company with the SEC.
(e) “Holder” means any person owning of record Registrable Securities that have not been sold to the public or any assignee of record of such Registrable Securities in accordance with Section 2.9 hereof.
(f) “Initial Offering” means the Company’s first firm commitment underwritten public offering of its Common Stock registered under the Securities Act.
(g) “Register,” “registered,” and “registration” refer to a registration effected by preparing and filing a registration statement in compliance with the Securities Act, and the declaration or ordering of effectiveness of such registration statement or document.
(h) “Registrable Securities” means (a) Common Stock of the Company issuable or issued upon conversion of the Shares, (b) any Common Stock of the Company issued as (or issuable upon the conversion or exercise of any warrant, right or other security which is issued as) a dividend or other distribution with respect to, or in exchange for or in replacement of, such above-described securities and (c) the Tender Offer Registrable Securities; provided, however, that such Tender Offer Registrable Securities shall not be deemed Registrable Securities and the Tender Offer Holders shall not be deemed to be Holders with respect to such Tender Offer Registrable Securities for the purposes of Sections 2.2 (and any other applicable sections of this Agreement with respect to registrations under Section 2.2), 2.4 (and any other applicable sections of this Agreement with respect to registrations under Section 2.4), 2.6, 3.1, 3.2, 3.6 and 4 of this Agreement. Notwithstanding the foregoing, Registrable Securities shall not include any securities (i) sold by a person to the public either pursuant to a registration statement or Rule 144 or (ii) sold in a private transaction in which the transferor’s rights under Section 2 of this Agreement are not assigned.
(i) “Registrable Securities then outstanding” shall be the number of shares of the Company’s Common Stock that are Registrable Securities and either (a) are then issued and outstanding or (b) are issuable pursuant to then exercisable or convertible securities.
(j) “Registration Expenses” shall mean all expenses incurred by the Company in complying with Sections 2.2, 2.3 and 2.4 hereof, including, without limitation, all registration and filing fees, printing expenses, fees and disbursements of counsel for the Company, reasonable fees and disbursements not to exceed thirty thousand dollars ($30,000) of a single special counsel for the Holders, 
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blue sky fees and expenses and the expense of any special audits incident to or required by any such registration (but excluding the compensation of regular employees of the Company which shall be paid in any event by the Company).
(k) “SEC” or “Commission” means the Securities and Exchange Commission.
(l) “Securities Act” shall mean the Securities Act of 1933, as amended.
(m) “Selling Expenses” shall mean all underwriting discounts and selling commissions applicable to the sale.
(n) “Shares” shall mean the Company’s Series G-1 Preferred and Series G-2 Preferred issued pursuant to the Purchase Agreement, the Series F Preferred, the Series E Preferred, the Series D Preferred, the Series C Preferred, the Series B Preferred, the Series A Preferred, the Series Seed Preferred and shares of the Company’s Preferred Stock held from time to time by the Investors listed on Exhibit A hereto and their permitted assigns.
(o) “Special Registration Statement” shall mean (i) a registration statement relating to any employee benefit plan or (ii) with respect to any corporate reorganization or transaction under Rule 145 of the Securities Act, any registration statements related to the issuance or resale of securities issued in such a transaction or (iii) a registration related to stock issued upon conversion of debt securities.
(p) “Tender Offer” shall mean any third-party sponsored tender offer for outstanding shares of vested Common Stock of the Company launched on or prior to the date that is the 60th day following the date of this Agreement, provided that such tender offer is pursuant to a binding Information, Depository and Paying Agent Agreement (or other similar form of paying agent agreement) acceptable to the Company.
(q) “Tender Offer Holders” shall mean any Holder of Tender Offer Registrable Securities.
(r) “Tender Offer Registrable Securities” shall mean any Common Stock of the Company acquired pursuant to any Tender Offer.
SECTION 2. REGISTRATION; RESTRICTIONS ON TRANSFER.  
2.1 Restrictions on Transfer.  
(a) Each Holder agrees not to make any disposition of all or any portion of the Shares or Registrable Securities unless and until:
(i) there is then in effect a registration statement under the Securities Act covering such proposed disposition and such disposition is made in accordance with such registration statement; or
(ii)  (A) The transferee has agreed in writing to be bound by the terms of this Agreement, (B) such Holder shall have notified the Company of the proposed disposition and shall have furnished the Company with a detailed statement of the circumstances surrounding the proposed disposition, and (C) if reasonably requested by the Company, such Holder shall have furnished the Company with an opinion of counsel, reasonably satisfactory to the Company, that such disposition will not require registration of such shares under the Securities Act.  It is agreed that the Company will not require opinions of counsel for transactions made pursuant to Rule 144, except in unusual circumstances.  After its Initial Offering or Direct Listing, the Company will not require any transferee pursuant to Rule 
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144 to be bound by the terms of this Agreement if the shares so transferred do not remain Registrable Securities hereunder following such transfer.
(b) Notwithstanding the provisions of subsection (a) above, no such restriction shall apply to a transfer by a Holder that is (A) a partnership transferring to its partners or former partners in accordance with partnership interests, (B) a corporation transferring to a wholly-owned subsidiary or a parent corporation that owns all of the capital stock of the Holder, (C) a limited liability company transferring to its members or former members in accordance with their interest in the limited liability company, (D) an individual transferring to the Holder’s family member or trust for the benefit of an individual Holder or (E) transfers to any other entity that is a stockholder of the Company or an affiliate of a stockholder of the Company; provided that in each case the transferee will agree in writing to be subject to the terms of this Agreement to the same extent as if he were an original Holder hereunder.  For the avoidance of doubt, a customary arrangement in connection with the deposit of Registrable Securities in a non-margin custodial account shall not be deemed a sale, transfer or pledge for purposes of this Agreement so long as such registrable securities are in certificated form (it being understood that the Company may require the exchange of any such certificated securities for book-entry shares upon the Initial Offering or Direct Listing).
(c) Each certificate representing Shares or Registrable Securities shall be stamped or otherwise imprinted with legends substantially similar to the following (in addition to any legend required under applicable state securities laws):
THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE “ACT”) AND MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED, ASSIGNED, PLEDGED OR HYPOTHECATED UNLESS AND UNTIL REGISTERED UNDER THE ACT OR UNLESS THE COMPANY HAS RECEIVED AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY AND ITS COUNSEL THAT SUCH REGISTRATION IS NOT REQUIRED.
THE SALE, PLEDGE, HYPOTHECATION OR TRANSFER OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE IS SUBJECT TO THE TERMS AND CONDITIONS OF A CERTAIN INVESTOR RIGHTS AGREEMENT BY AND BETWEEN THE STOCKHOLDER AND THE COMPANY.  COPIES OF SUCH AGREEMENT MAY BE OBTAINED UPON WRITTEN REQUEST TO THE SECRETARY OF THE COMPANY.
(d) The Company shall be obligated to promptly reissue unlegended certificates at the request of any Holder thereof if the Company has completed its Initial Offering or Direct Listing and the Holder shall have obtained an opinion of counsel (which counsel may be counsel to the Company) reasonably acceptable to the Company to the effect that the securities proposed to be disposed of may lawfully be so disposed of without registration, qualification and legend, provided that the second legend listed above shall be removed only at such time as the Holder of such certificate is no longer subject to any restrictions hereunder.
(e) Any legend endorsed on an instrument pursuant to applicable state securities laws and the stop-transfer instructions with respect to such securities shall be removed upon receipt by the Company of an order of the appropriate blue sky authority authorizing such removal.
2.2 Demand Registration.  
(a) Subject to the conditions of this Section 2.2, if the Company shall receive a written request from the Holders of a majority of the Registrable Securities (the “Initiating Holders”) that the Company file a registration statement under the Securities Act covering the registration, then the 
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Company shall, within thirty (30) days of the receipt thereof, give written notice of such request to all Holders, and subject to the limitations of this Section 2.2, effect, as expeditiously as reasonably possible, the registration under the Securities Act of all Registrable Securities that all Holders request to be registered.
(b) If the Initiating Holders intend to distribute the Registrable Securities covered by their request by means of an underwriting, they shall so advise the Company as a part of their request made pursuant to this Section 2.2 or any request pursuant to Section 2.4 and the Company shall include such information in the written notice referred to in Section 2.2(a) or Section 2.4(a), as applicable.  In such event, the right of any Holder to include its Registrable Securities in such registration shall be conditioned upon such Holder’s participation in such underwriting and the inclusion of such Holder’s Registrable Securities in the underwriting to the extent provided herein.  All Holders proposing to distribute their securities through such underwriting shall enter into an underwriting agreement in customary form with the underwriter or underwriters selected for such underwriting by the Holders of a majority of the Registrable Securities held by all Initiating Holders (which underwriter or underwriters shall be reasonably acceptable to the Company).  Notwithstanding any other provision of this Section 2.2 or Section 2.4, if the underwriter advises the Company that marketing factors require a limitation of the number of securities to be underwritten (including Registrable Securities) then the Company shall so advise all Holders of Registrable Securities that would otherwise be underwritten pursuant hereto, and the number of shares that may be included in the underwriting shall be allocated to the Holders of such Registrable Securities on a pro rata basis based on the number of Registrable Securities held by all such Holders (including the Initiating Holders); provided, however, that the number of shares of Registrable Securities to be included in such underwriting and registration shall not be reduced unless all other securities of the Company are first entirely excluded from the underwriting and registration.  Any Registrable Securities excluded or withdrawn from such underwriting shall be withdrawn from the registration.
(c) The Company shall not be required to effect a registration pursuant to this Section 2.2:
(i) prior to the earliest of (A) the third anniversary of the date of this Agreement, (B) the expiration of the restrictions on transfer set forth in Section 2.11 following the Initial Offering or (C) of the expiration of the restrictions on transfer set forth in Section 2.11 following a Direct Listing; 
(ii) after the Company has effected two (2) registrations pursuant to this Section 2.2, and such registrations have been declared or ordered effective; 
(iii) during the period starting with the date of filing of, and ending on the date one hundred eighty (180) days following, the effective date of the registration statement pertaining to the Initial Offering or a Direct Listing, whichever occurs earlier (or such longer period as may be determined pursuant to Section 2.11 hereof); provided that the Company makes reasonable good faith efforts to cause such registration statement to become effective;
(iv) if within thirty (30) days of receipt of a written request from Initiating Holders pursuant to Section 2.2(a), the Company gives notice to the Holders of the Company’s intention to file a registration statement for its Initial Offering or Direct Listing within ninety (90) days;
(v) if the Company shall furnish to Holders requesting a registration statement pursuant to this Section 2.2 a certificate signed by the Chairman of the Board stating that in the good faith judgment of the Board of Directors of the Company (the “Board”), it would be seriously detrimental to the Company and its stockholders for such registration statement to be effected at such time, in which event the Company shall have the right to defer such filing for a period of not more than ninety (90) days after receipt of the request of the Initiating Holders; provided that such right to delay a request shall be exercised by the Company not more than once in any twelve (12) month period; 
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(vi) if the Initiating Holders propose to dispose of shares of Registrable Securities that may be immediately registered on Form S-3 pursuant to a request made pursuant to Section 2.4 below; or 
(vii) in any particular jurisdiction in which the Company would be required to qualify to do business or to execute a general consent to service of process in effecting such registration, qualification or compliance.
2.3 Piggyback Registrations.  The Company shall notify all Holders of Registrable Securities in writing at least fifteen (15) days prior to the filing of any registration statement under the Securities Act for purposes of a public offering of securities of the Company (including, but not limited to, registration statements relating to secondary offerings of securities of the Company, but excluding Special Registration Statements) and will afford each such Holder an opportunity to include in such registration statement all or part of such Registrable Securities held by such Holder.  Each Holder desiring to include in any such registration statement all or any part of the Registrable Securities held by it shall, within fifteen (15) days after the above-described notice from the Company, so notify the Company in writing.  Such notice shall state the intended method of disposition of the Registrable Securities by such Holder.  If a Holder decides not to include all of its Registrable Securities in any registration statement thereafter filed by the Company, such Holder shall nevertheless continue to have the right to include any Registrable Securities in any subsequent registration statement or registration statements as may be filed by the Company with respect to offerings of its securities, all upon the terms and conditions set forth herein.
(a) Underwriting.  If the registration statement of which the Company gives notice under this Section 2.3 is for an underwritten offering, the Company shall so advise the Holders of Registrable Securities.  In such event, the right of any such Holder to include Registrable Securities in a registration pursuant to this Section 2.3 shall be conditioned upon such Holder’s participation in such underwriting and the inclusion of such Holder’s Registrable Securities in the underwriting to the extent provided herein.  All Holders proposing to distribute their Registrable Securities through such underwriting shall enter into an underwriting agreement in customary form with the underwriter or underwriters selected for such underwriting by the Company.  Notwithstanding any other provision of this Agreement, if the underwriter determines in good faith that marketing factors require a limitation of the number of shares to be underwritten, the number of shares that may be included in the underwriting shall be allocated, first, to the Company; second, to the Holders on a pro rata basis based on the total number of Registrable Securities held by the Holders; and third, to any stockholder of the Company (other than a Holder) on a pro rata basis; provided, however, that no such reduction shall reduce the amount of securities of the selling Holders included in the registration below thirty percent (30%) of the total amount of securities included in such registration, unless such offering is the Initial Offering and such registration does not include shares of any other selling stockholders, in which event any or all of the Registrable Securities of the Holders may be excluded in accordance with the immediately preceding clause. In no event will shares of any other selling stockholder be included in such registration that would reduce the number of shares which may be included by Holders without the written consent of Holders of not less than a majority of the Registrable Securities proposed to be sold in the offering. If any Holder disapproves of the terms of any such underwriting, such Holder may elect to withdraw therefrom by written notice to the Company and the underwriter, delivered at least ten (10) business days prior to the effective date of the registration statement.  Any Registrable Securities excluded or withdrawn from such underwriting shall be excluded and withdrawn from the registration.  For any Holder which is a partnership, limited liability company or corporation, the partners, retired partners, members, retired members and stockholders of such Holder, or the estates and family members of any such partners, retired partners, members and retired members and any trusts for the benefit of any of the foregoing person shall be deemed to be a single “Holder,” and any pro rata reduction with respect to such “Holder” shall be based upon the aggregate amount of shares carrying registration rights owned by all entities and individuals included in such “Holder,” as defined in this sentence.
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(b) Right to Terminate Registration.  The Company shall have the right to terminate or withdraw any registration initiated by it under this Section 2.3 whether or not any Holder has elected to include securities in such registration, and shall promptly notify any Holder that has elected to include shares in such registration of such termination or withdrawal.  The Registration Expenses of such withdrawn registration shall be borne by the Company in accordance with Section 2.5 hereof.
2.4 Form S-3 Registration.  In case the Company shall receive from any Holder or Holders of Registrable Securities a written request or requests that the Company effect a registration on Form S-3 (or any successor to Form S-3) or any similar short-form registration statement and any related qualification or compliance with respect to all or a part of the Registrable Securities owned by such Holder or Holders, the Company will:
(a) promptly give written notice of the proposed registration, and any related qualification or compliance, to all other Holders of Registrable Securities; and
(b) as soon as practicable, effect such registration and all such qualifications and compliances 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’ Registrable Securities as are specified in such request, together with all or such portion of the Registrable Securities of any other Holder or Holders joining in such request as are specified in a written request given within fifteen (15) days after receipt of such written notice from the Company; provided, however, that the Company shall not be obligated to effect any such registration, qualification or compliance pursuant to this Section 2.4:
(i) if Form S-3 is not available for such offering by the Holders, or
(ii) if the Holders, together with the holders of any other securities of the Company entitled to inclusion in such registration, propose to sell Registrable Securities and such other securities (if any) at an aggregate price to the public of less than one million dollars ($1,000,000), or
(iii) if within thirty (30) days of receipt of a written request from  any Holder or Holders pursuant to this Section 2.4, the Company gives notice to such Holder or Holders of the Company’s intention to make a public offering within ninety (90) days, other than pursuant to a Special Registration Statement;
(iv) if the Company shall furnish to the Holders a certificate signed by the Chairman of the Board stating that in the good faith judgment of the Board, it would be seriously detrimental to the Company and its stockholders for such Form S-3 registration to be effected at such time, in which event the Company shall have the right to defer the filing of the Form S-3 registration statement for a period of not more than ninety (90) days after receipt of the request of the Holder or Holders under this Section 2.4; provided, that such right to delay a request shall be exercised by the Company not more than twice in any twelve (12) month period, or
(v) if the Company has, within the twelve (12) month period preceding the date of such request, already effected two (2) registrations on Form S-3 for the Holders pursuant to this Section 2.4, or
(vi) in any particular jurisdiction in which the Company would be required to qualify to do business or to execute a general consent to service of process in effecting such registration, qualification or compliance.
(c) Subject to the foregoing, the Company shall file a Form S-3 registration statement covering the Registrable Securities and other securities so requested to be registered as soon as practicable after receipt of the requests of the Holders.  Registrations effected pursuant to this Section 2.4 shall not be counted as demands for registration or registrations effected pursuant to Section 2.2.  All Registration Expenses incurred in connection with registrations requested pursuant to this Section 2.4 
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after the first two (2) registrations shall be paid by the selling Holders pro rata in proportion to the number of shares to be sold by each such Holder in any such registration.
2.5 Expenses of Registration.  Except as specifically provided herein, all Registration Expenses incurred in connection with any registration, qualification or compliance pursuant to Section 2.2, 2.3 or 2.4 herein and all expenses incurred by the Company in connection with a Direct Listing shall be borne by the Company.  All Selling Expenses incurred in connection with any registrations hereunder, shall be borne by the holders of the securities so registered pro rata on the basis of the number of shares so registered.  The Company shall not, however, be required to pay for expenses of any registration proceeding begun pursuant to Section 2.2 or 2.4, the request of which has been subsequently withdrawn by the Initiating Holders, unless (a) the withdrawal is based upon material adverse information concerning the Company of which the Initiating Holders were not aware at the time of such request or (b) the Holders of a majority of Registrable Securities agree to deem such registration to have been effected as of the date of such withdrawal for purposes of determining whether the Company shall be obligated pursuant to Section 2.2(c) or 2.4(b)(5), as applicable, to undertake any subsequent registration, in which event such right shall be forfeited by all Holders).  If the Holders are required to pay the Registration Expenses, such expenses shall be borne by the holders of securities (including Registrable Securities) requesting such registration in proportion to the number of shares for which registration was requested.  If the Company is required to pay the Registration Expenses of a withdrawn offering pursuant to clause (a) above, then such registration shall not be deemed to have been effected for purposes of determining whether the Company shall be obligated pursuant to Section 2.2(c) or 2.4(b)(5), as applicable, to undertake any subsequent registration.
2.6 Obligations of the Company.  Whenever required to effect the registration of any Registrable Securities, the Company shall, as expeditiously as reasonably possible:
(a) prepare and file with the SEC a registration statement with respect to such Registrable Securities and use all reasonable efforts to cause such registration statement to become effective, and, upon the request of the Holders of a majority of the Registrable Securities registered thereunder, keep such registration statement effective for up to thirty (30) days or, if earlier, until the Holder or Holders have completed the distribution related thereto; provided, however, that at any time, upon written notice to the participating Holders and for a period not to exceed sixty (60) days thereafter (the “Suspension Period”), the Company may delay the filing or effectiveness of any registration statement or suspend the use or effectiveness of any registration statement (and the Initiating Holders hereby agree not to offer or sell any Registrable Securities pursuant to such registration statement during the Suspension Period) if the Company reasonably believes that there is or may be in existence material nonpublic information or events involving the Company, the failure of which to be disclosed in the prospectus included in the registration statement could result in a Violation (as defined below).  In the event that the Company shall exercise its right to delay or suspend the filing or effectiveness of a registration hereunder, the applicable time period during which the registration statement is to remain effective shall be extended by a period of time equal to the duration of the Suspension Period.  The Company may extend the Suspension Period for an additional consecutive sixty (60) days with the consent of the holders of a majority of the Registrable Securities registered under the applicable registration statement, which consent shall not be unreasonably withheld. In no event shall any Suspension Period, when taken together with all prior Suspension Periods, exceed 120 days in the aggregate.  If so directed by the Company, all Holders registering shares under such registration statement shall (i) not offer to sell any Registrable Securities pursuant to the registration statement during the period in which the delay or suspension is in effect after receiving notice of such delay or suspension; and (ii) use their best efforts to deliver to the Company (at the Company’s expense) all copies, other than permanent file copies then in such Holders’ possession, of the prospectus relating to such Registrable Securities current at the time of receipt of such notice.  Notwithstanding the foregoing, the Company shall not be required to file, cause to become effective or maintain the effectiveness of any registration statement other than a registration statement on Form S-3 that contemplates a distribution of securities on a delayed or continuous basis pursuant to Rule 415 under the Securities Act.
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(b) Prepare and file with the SEC such amendments and supplements to such registration statement and the prospectus used in connection with such registration statement as may be necessary to comply with the provisions of the Securities Act with respect to the disposition of all securities covered by such registration statement for the period set forth in subsection (a) above.
(c) Furnish to the Holders such number of copies of a prospectus, including a preliminary prospectus, in conformity with the requirements of the Securities Act, and such other documents as they may reasonably request in order to facilitate the disposition of Registrable Securities owned by them.
(d) Use its reasonable efforts to register and qualify the securities covered by such registration statement under such other securities or Blue Sky laws of such jurisdictions as shall be reasonably requested by the Holders; provided that the Company shall not be required in connection therewith or as a condition thereto to qualify to do business or to file a general consent to service of process in any such states or jurisdictions.
(e) In the event of any underwritten public offering, enter into and perform its obligations under an underwriting agreement, in usual and customary form, with the managing underwriter(s) of such offering.  Each Holder participating in such underwriting shall also enter into and perform its obligations under such an agreement.
(f) Notify each Holder of Registrable Securities covered by such registration statement 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 included in such registration statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing. The Company will use reasonable efforts to amend or supplement such prospectus in order to cause such prospectus not to include any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing.
(g) Use its reasonable efforts to furnish, on the date that such Registrable Securities are delivered to the underwriters for sale, if such securities are being sold through underwriters, (i) an opinion, dated as of such date, of the counsel representing the Company for the purposes of such registration, in form and substance as is customarily given to underwriters in an underwritten public offering, addressed to the underwriters, if any, and (ii) a letter, dated as of such date, from the independent certified public accountants of the Company, in form and substance as is customarily given by independent certified public accountants to underwriters in an underwritten public offering addressed to the underwriters.
2.7 Delay of Registration; Furnishing Information.  
(a) No Holder shall have any right to obtain or seek an injunction restraining or otherwise delaying any such registration as the result of any controversy that might arise with respect to the interpretation or implementation of this Section 2.
(b) It shall be a condition precedent to the obligations of the Company to take any action pursuant to Section 2.2, 2.3 or 2.4 that the selling Holders shall furnish to the Company such information regarding themselves, the Registrable Securities held by them and the intended method of disposition of such securities as shall be required to effect the registration of their Registrable Securities.
(c) The Company shall have no obligation with respect to any registration requested pursuant to Section 2.2 or Section 2.4 if the number of shares or the anticipated aggregate offering price of the Registrable Securities to be included in the registration does not equal or exceed the number of 
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shares or the anticipated aggregate offering price required to originally trigger the Company’s obligation to initiate such registration as specified in Section 2.2 or Section 2.4, whichever is applicable.
2.8 Indemnification.  In the event any Registrable Securities are included in a registration statement under Sections 2.2, 2.3 or 2.4 or in connection with a Direct Listing:
(a) To the extent permitted by law, the Company will indemnify and hold harmless each Holder, the partners, members, officers and directors of each Holder, any underwriter (as defined in the Securities Act) for such Holder and each person, if any, who controls such Holder or underwriter within the meaning of the Securities Act or the Exchange Act, against any losses, claims, damages, or liabilities (joint or several) to which they may become subject under the Securities Act, the Exchange Act or other federal or state law, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon any of the following statements, omissions or violations (collectively a “Violation”) by the Company: (i) any untrue statement or alleged untrue statement of a material fact contained in such registration statement or incorporated reference therein, including any preliminary prospectus or final prospectus contained therein or any amendments or supplements thereto, (ii) 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, or (iii) any violation or alleged violation by the Company of the Securities Act, the Exchange Act, any state securities law or any rule or regulation promulgated under the Securities Act, the Exchange Act or any state securities law in connection with the offering covered by such registration statement; and the Company will reimburse each such Holder, partner, member, officer, director, underwriter or 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 indemnity agreement contained in this Section 2.8(a) shall not apply to amounts paid in settlement of any such loss, claim, damage, liability or action if such settlement is effected without the consent of the Company, which consent shall not be unreasonably withheld, nor shall the Company be liable in any such case for any such loss, claim, damage, liability or action to the extent that it arises out of or is based upon a Violation which occurs in reliance upon and in conformity with written information furnished expressly for use in connection with such registration by such Holder, partner, member, officer, director, underwriter or controlling person of such Holder.
(b) To the extent permitted by law, each Holder will, if Registrable Securities held by such Holder are included in the securities as to which such registration qualifications or compliance is being effected, indemnify and hold harmless the Company, each of its directors, its officers and each person, if any, who controls the Company within the meaning of the Securities Act, any underwriter and any other Holder selling securities under such registration statement or any of such other Holder’s partners, directors or officers or any person who controls such Holder, against any losses, claims, damages or liabilities (joint or several) to which the Company or any such director, officer, controlling person, underwriter or other such Holder, or partner, director, officer or controlling person of such other Holder may become subject under the Securities Act, the Exchange Act or other federal or state law, insofar as such losses, claims, damages or liabilities (or actions in respect thereto) arise out of or are based upon any of the following statements: (i) any untrue statement or alleged untrue statement of a material fact contained in such registration statement or incorporated reference therein, including any preliminary prospectus or final prospectus contained therein or any amendments or supplements thereto, (ii) 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, or (iii) any violation or alleged violation by the Company of the Securities Act  (collectively, a “Holder Violation”), in each case to the extent (and only to the extent) that such Holder Violation occurs in reliance upon and in conformity with written information furnished by such Holder under an instrument duly executed by such Holder and stated to be specifically for use in connection with such registration; and each such Holder will reimburse any legal or other expenses reasonably incurred by the Company or any such director, officer, controlling person, underwriter or other Holder, or partner, officer, director or controlling person of such other Holder in connection with investigating or defending any such loss, claim, damage, liability or action if it is judicially determined that there was such a Holder Violation; provided, however, that the indemnity agreement contained in this Section 2.8(b) shall not apply to amounts paid in settlement of any such loss, claim, damage, liability or 
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action if such settlement is effected without the consent of the Holder, which consent shall not be unreasonably withheld; provided further, that in no event shall any indemnity under this Section 2.8 exceed the net proceeds from the offering received by such Holder.
(c) Promptly after receipt by an indemnified party under this Section 2.8 of notice of the commencement of any action (including any governmental action), such indemnified party will, if a claim in respect thereof is to be made against any indemnifying party under this Section 2.8, deliver to the indemnifying party a written notice of the commencement thereof and the indemnifying party shall have the right to participate in, and, to the extent the indemnifying party so desires, jointly with any other indemnifying party similarly noticed, to assume the defense thereof with counsel mutually satisfactory to the parties; provided, however, that an indemnified party shall have the right to retain its own counsel, with the fees and expenses thereof to be paid by the indemnifying party, if representation of such indemnified party by the counsel retained by the indemnifying party would be inappropriate due to actual or potential differing interests between such indemnified party and any other party represented by such counsel in such proceeding.  The failure to deliver written notice to the indemnifying party within a reasonable time of the commencement of any such action shall relieve such indemnifying party of any liability to the indemnified party under this Section 2.8 to the extent, and only to the extent, prejudicial to its ability to defend such action, but the omission so to deliver written notice to the indemnifying party will not relieve it of any liability that it may have to any indemnified party otherwise than under this Section 2.8.
(d) If the indemnification provided for in this Section 2.8 is held by a court of competent jurisdiction to be unavailable to an indemnified party with respect to any losses, claims, damages or liabilities referred to herein, the indemnifying party, in lieu of indemnifying such indemnified party thereunder, shall to the extent permitted by applicable law contribute to the amount paid or payable by such indemnified party as a result of such loss, claim, damage or liability in such proportion as is appropriate to reflect the relative fault of the indemnifying party on the one hand and of the indemnified party on the other in connection with the Violation(s) or Holder Violation(s) that resulted in such loss, claim, damage or liability, as well as any other relevant equitable considerations.  The relative fault of the indemnifying party and of the indemnified party shall be determined by a court of law by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission to state a material fact relates to information supplied by the indemnifying party or by the indemnified party and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission; provided, that in no event shall any contribution by a Holder hereunder exceed the net proceeds from the offering received by such Holder.
(e) The obligations of the Company and Holders under this Section 2.8 shall survive completion of any offering of Registrable Securities in a registration statement and, with respect to liability arising from an offering to which this Section 2.8 would apply that is covered by a registration filed before termination of this Agreement, such termination.  No indemnifying party, in the defense of any such claim or litigation, shall, except with the consent of each indemnified party, consent to entry of any judgment or enter into any settlement which does not include as an unconditional term thereof the giving by the claimant or plaintiff to such Indemnified Party of a release from all liability in respect to such claim or litigation.
2.9 Assignment of Registration Rights.  The rights to cause the Company to register Registrable Securities pursuant to this Section 2 may be assigned by a Holder to a transferee or assignee of Registrable Securities (for so long as such shares remain Registrable Securities) that (a) is a subsidiary, parent, general partner, limited partner, retired partner, member or retired/former member, affiliated fund or stockholder of a Holder that is a corporation, partnership or limited liability company, (b) is a Holder’s family member or trust for the benefit of such person or an individual Holder, or (c) acquires at least one million (1,000,000) shares of Registrable Securities (as adjusted for stock splits and combinations); or (d) is an entity affiliated by common control (or other related entity) with such Holder; provided, however, (i) the transferor shall, within ten (10) days after such transfer, furnish to the Company written notice of the name and address of such transferee or assignee and the securities with respect to which such registration 
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rights are being assigned and (ii) such transferee shall agree to be subject to all restrictions set forth in this Agreement.
2.10 Limitation on Subsequent Registration Rights.  Other than as provided in Section 5.10, after the date of this Agreement, the Company shall not enter into any agreement with any holder or prospective holder of any securities of the Company that would grant such holder rights to demand the registration of shares of the Company’s capital stock, or to include such shares in a registration statement that would reduce the number of shares includable by the Holders.
2.11 “Market Stand-Off” Agreement.  Each Holder hereby agrees that such Holder shall not sell, transfer, make any short sale of, grant any option for the purchase of, or enter into any hedging or similar transaction with the same economic effect as a sale, any Common Stock (or other securities) of the Company held by such Holder (other than those included in the registration) during the 180-day period following the effective date of the Initial Offering (or such longer period as the underwriters or the Company shall request in order to facilitate compliance with applicable FINRA rules, any successor provisions or amendments thereto, or any successor or similar rule or regulation), as the underwriters or the Company shall request in order to facilitate compliance with applicable FINRA rules, any successor provisions or amendments thereto, or any successor or similar rule or regulation); provided, that all officers and directors of the Company and holders of at least one percent (1%) of the Company’s voting securities are bound by and have entered into similar agreements.  The obligations described in this Section 2.11 shall not apply to a Direct Listing and shall not apply to a registration relating solely to employee benefit plans on Form S-1 or Form S-8 or similar forms that may be promulgated in the future, or a registration relating solely to a transaction on Form S-4 or similar forms that may be promulgated in the future. 
2.12 Agreement to Furnish Information.  Each Holder agrees to execute and deliver such other agreements as may be reasonably requested by the Company or the underwriter that are consistent with the Holder’s obligations under Section 2.11 or that are necessary to give further effect thereto.  In addition, if requested by the Company or the representative of the underwriters of Common Stock (or other securities) of the Company, each Holder shall provide, within ten (10) days of such request, such information as may be required by the Company or such representative in connection with the completion of any public offering of the Company’s securities pursuant to a registration statement filed under the Securities Act.  The obligations described in Section 2.11 and this Section 2.12 shall not apply to a Special Registration Statement.  The Company may impose stop-transfer instructions with respect to the shares of Common Stock (or other securities) subject to the foregoing restriction until the end of said day period.  Each Holder agrees that any transferee of any shares of Registrable Securities shall be bound by Sections 2.11 and 2.12.  The underwriters of the Company’s stock are intended third party beneficiaries of Sections 2.11 and 2.12 and shall have the right, power and authority to enforce the provisions hereof as though they were a party hereto.
2.13 Rule 144 Reporting.  With a view to making available to the Holders the benefits of certain rules and regulations of the SEC which may permit the sale of the Registrable Securities to the public without registration, the Company agrees to use its best efforts to:
(a) Make and keep public information available, as those terms are understood and defined in SEC Rule 144 or any similar or analogous rule promulgated under the Securities Act, at all times after the effective date of the first registration filed by the Company for an offering of its securities to the general public;
(b) File with the SEC, in a timely manner, all reports and other documents required of the Company under the Exchange Act; and
(c) So long as a Holder owns any Registrable Securities, furnish to such Holder forthwith upon request:  a written statement by the Company as to its compliance with the reporting requirements of said Rule 144 of the Securities Act, and of the Exchange Act (at any time after it has 
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become subject to such reporting requirements); a copy of the most recent annual or quarterly report of the Company filed with the Commission; and such other reports and documents as a Holder may reasonably request in connection with availing itself of any rule or regulation of the SEC allowing it to sell any such securities without registration.
2.14 Termination of Registration Rights.  The right of any Holder to request registration or inclusion of Registrable Securities in any registration pursuant to Section 2.2, Section 2.3, or Section 2.4 hereof shall terminate upon the earliest of: (i) the date three (3) years following an initial public offering that results in the conversion of all outstanding shares of Preferred Stock; (ii) the date three (3) years following a Direct Listing that results in the conversion of all outstanding shares of Preferred Stock; or (iii) such time as such Holder holds less than 1% of the Company’s outstanding Common Stock (treating all shares of Preferred Stock on an as converted basis), the Company has completed its Initial Offering or Direct Listing and all Registrable Securities of the Company issuable or issued upon conversion of the Shares held by and issuable to such Holder (and its affiliates) may be sold pursuant to Rule 144 during any ninety (90) day period.  Upon such termination, such shares shall cease to be “Registrable Securities” hereunder for all purposes.
SECTION 3. COVENANTS OF THE COMPANY.  
3.1 Basic Financial Information and Reporting.  
(a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied (except as noted therein), and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.
(b) To the extent requested by an Investor, as soon as practicable after the end of each fiscal year of the Company, and in any event within one hundred twenty (120) days thereafter, the Company will furnish such Investor a balance sheet of the Company, as at the end of such fiscal year, and a statement of income and a statement of cash flows of the Company, for such year, all prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein) and setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail.  Such financial statements shall be accompanied by a report and opinion thereon by independent public accountants selected by the Board.
(c) So long as an Investor (with its affiliates) shall own not less than five hundred eighty-one thousand seven hundred thirty (581,730) shares of Registrable Securities (as adjusted for stock splits and combinations) (a “Major Investor”), the Company will furnish each such Major Investor: (i) at least thirty (30) days prior to the beginning of each fiscal year an annual budget and operating plans for such fiscal year (and as soon as available, any subsequent written revisions thereto); and (ii) as soon as practicable after the end of each quarter of each fiscal year of the Company, and in any event within forty-five (45) days thereafter, a balance sheet of the Company as of the end of each such quarter, and a statement of income and a statement of cash flows of the Company for such quarter, prepared in accordance with generally accepted accounting principles consistently applied (except as noted thereon), with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made.
3.2 Inspection Rights.  Each Major Investor shall have the right to visit and inspect any of the properties of the Company or any of its subsidiaries, and to discuss the affairs, finances and accounts of the Company or any of its subsidiaries with its officers, and to review such information as is reasonably requested all at such reasonable times and as often as may be reasonably requested; provided, however, that the Company shall not be obligated under this Section 3.2 with respect to a competitor of the Company (including if any operating company affiliated with a Major Investor is a competitor of the Company) or with respect to information which the Board determines in good faith is confidential or 
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attorney-client privileged and should not, therefore, be disclosed.  For the avoidance of doubt, a Major Investor that is an investment fund shall not be deemed to be a competitor of the Company because it (i) has a portfolio company that is a competitor of the Company (other than an operating company affiliated with such investment fund) or (ii) manages its investment with respect to such portfolio company (including, without limitation, designating its employees or agents to serve on (or observe) the board of such portfolio company) (other than an operating company affiliated with such investment fund). 
3.3 Confidentiality of Records.  Each Holder agrees to use the same degree of care as such Holder uses to protect its own confidential information to keep confidential any information furnished to such Holder hereof that the Company identifies as being confidential or proprietary (so long as such information is not in the public domain) and shall not use any such proprietary or confidential information for any purpose other than to monitor such Holder’s investment in the Company, except that such Holder may disclose such proprietary or confidential information (i) to any partner, subsidiary or parent of such Holder as long as such partner, subsidiary or parent is advised of and agrees or has agreed to be bound by the confidentiality provisions of this Section 3.3 or comparable restrictions; (ii) at such time as it enters the public domain through no fault of such Holder; (iii) that is communicated to it free of any obligation of confidentiality; (iv) that is developed by Holder or its agents independently of and without reference to any confidential information communicated by the Company; or (v) as required by applicable law.  Notwithstanding the foregoing, each Holder that is a limited partnership or limited liability company may disclose such proprietary or confidential information to any former partners or members who retained an economic interest in such Holder, current or prospective partner of the partnership or any subsequent partnership under common investment management, limited partner, general partner, member or management company of such Holder (or any employee or representative of any of the foregoing) or legal counsel, accountants or representatives for such Holder, in each case subject to the recipient’s obligation to keep such information confidential.  
3.4 Reservation of Common Stock.  The Company will at all times reserve and keep available, solely for issuance and delivery upon the conversion of the Preferred Stock, all Common Stock issuable from time to time upon such conversion.
3.5 Proprietary Information and Inventions Agreement.  The Company shall require all employees and consultants to execute and deliver a Proprietary Information and Inventions Agreement substantially in a form approved by the Company's counsel or the Board.
3.6 Assignment of Right of First Refusal.  In the event the Company elects not to exercise any right of first refusal or right of first offer the Company may have on a proposed transfer of any of the Company’s outstanding capital stock pursuant to the Company’s charter documents, by contract or otherwise, the Company shall, to the extent it may do so, assign such right of first refusal or right of first offer to each Major Investor that is not a competitor of the Company. For the avoidance of doubt, a Major Investor that is an investment fund shall not be deemed to be a competitor of the Company because it (i) has a portfolio company that is a competitor of the Company or (ii) manages its investment with respect to such portfolio company (including, without limitation, designating its employees or agents to serve on (or observe) the board of such portfolio company). In the event of such assignment, each Major Investor shall have a right to purchase its pro rata portion of the capital stock proposed to be transferred.  Each Major Investor’s pro rata portion shall be equal to the product obtained by multiplying (i) the aggregate number of shares proposed to be transferred by (ii) a fraction, the numerator of which is the number of shares of Registrable Securities held by such Major Investor at the time of the proposed transfer and the denominator of which is the total number of Registrable Securities owned by all Major Investors at the time of such proposed transfer. 
3.7 FCPA. The Company represents that it shall not—and shall not permit any of its subsidiaries or affiliates or any of its or their respective directors, officers, managers, employees, independent contractors, representatives or agents to—promise, authorize or make any payment to, or otherwise contribute any item of value, directly or indirectly, to any third party, including any Non-U.S. Official, in each case, in violation of the FCPA, the U.K. Bribery Act, or any other applicable anti-bribery 
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or anti-corruption law. The Company further represents that it shall—and shall cause each of its subsidiaries and affiliates to use commercially reasonable efforts to—cease all of its or their respective activities, as well as remediate any actions taken by the Company, its subsidiaries or affiliates, or any of their respective directors, officers, managers, employees, independent contractors, representatives or agents in violation of the FCPA, the U.K. Bribery Act, or any other applicable anti-bribery or anti-corruption law.  The Company further represents that it shall—and shall cause each of its subsidiaries and affiliates to use commercially reasonable efforts to—maintain systems of internal controls (including, but not limited to, accounting systems, purchasing systems and billing systems) to ensure compliance with the FCPA, the U.K. Bribery Act, or any other applicable anti-bribery or anti-corruption law.
3.8 USRPHC.  The Company shall notify the Investors and Tender Offer Holders promptly after becoming aware that the Company is, or is reasonably likely to be, a “United States real property holding corporation” within the meaning of Section 897(c)(2) of the Internal Revenue Code (the “Code”). In addition, at any time upon an Investor or Tender Offer Holder’s reasonable request, the Company shall issue a statement to the Investor or Tender Offer Holder, in form and substance as described in Treasury Regulations sections 1.897-2(h)(1) and 1.1445-2(c) (or any successor regulations) and signed under penalties of perjury, regarding whether any interest in the Company constitutes a “U.S. real property interest” within the meaning of Section 897(c) of the Code, together with an executed notice to the IRS described in Treasury Regulations section 1.897-2(h)(2) (or any successor regulation). Such statement shall be delivered within ten (10) days of the Investor or Tender Offer Holder’s written request therefor.
3.9 Termination of Covenants.  All covenants of the Company contained in Section 3 of this Agreement (other than the provisions of Section 3.3) shall expire and terminate as to each Investor and Holder upon the earliest of (i) the effective date of the registration statement pertaining to an Initial Offering, (ii) the effective date of the registration statement pertaining to a Direct Listing or (iii) upon an “Acquisition” as defined in the Company’s Certificate of Incorporation as in effect as of the date hereof.
SECTION 4. RIGHTS OF FIRST REFUSAL.  
4.1 Subsequent Offerings.  Subject to applicable securities laws, each Major Investor shall have a right of first refusal to purchase its pro rata share of all Equity Securities, as defined below, that the Company may, from time to time, propose to sell and issue after the date of this Agreement, other than the Equity Securities excluded by Section 4.7 hereof.  Each Investor’s pro rata share is equal to the ratio of (a) the number of shares of the Company’s Common Stock (including all shares of Common Stock issuable or issued upon conversion of the Shares or upon the exercise of outstanding warrants or options) of which such Investor is deemed to be a holder immediately prior to the issuance of such Equity Securities to (b) the total number of shares of the Company’s outstanding Common Stock (including all shares of Common Stock issued or issuable upon conversion of the Shares or upon the exercise of any outstanding warrants or options) immediately prior to the issuance of the Equity Securities.  The term “Equity Securities” shall mean (i) any Common Stock, Preferred Stock or other security of the Company, (ii) any security convertible into or exercisable or exchangeable for, with or without consideration, any Common Stock, Preferred Stock or other security (including any option to purchase such a convertible security), (iii) any security carrying any warrant or right to subscribe to or purchase any Common Stock, Preferred Stock or other security or (iv) any such warrant or right.
4.2 Exercise of Rights.  If the Company proposes to issue any Equity Securities, it shall give each Major Investor written notice of its intention, describing the Equity Securities, the price and the terms and conditions upon which the Company proposes to issue the same.  Each Major Investor shall have fifteen (15) days from the giving of such notice to agree to purchase its pro rata share of the Equity Securities for the price and upon the terms and conditions specified in the notice by giving written notice to the Company and stating therein the quantity of Equity Securities to be purchased.  Notwithstanding the foregoing, the Company shall not be required to offer or sell such Equity Securities to any Major Investor who would cause the Company to be in violation of applicable federal securities laws by virtue of such offer or sale.
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4.3 Issuance of Equity Securities to Other Persons.  If not all of the Major Investors elect to purchase their pro rata share of the Equity Securities, then the Company shall promptly notify in writing the Major Investors who do so elect and shall offer such Major Investors the right to acquire such unsubscribed shares on a pro rata basis.  The Major Investors shall have five (5) days after receipt of such notice to notify the Company of its election to purchase all or a portion thereof of the unsubscribed shares. The Company shall have ninety (90) days thereafter to sell the Equity Securities in respect of which the Major Investor’s rights were not exercised, at a price not lower and upon general terms and conditions not materially more favorable to the purchasers thereof than specified in the Company’s notice to the Major Investors pursuant to Section 4.2 hereof.  If the Company has not sold such Equity Securities within ninety (90) days of the notice provided pursuant to Section 4.2, the Company shall not thereafter issue or sell any Equity Securities, without first offering such securities to the Major Investors in the manner provided above.
4.4 Sale Without Notice.  In lieu of giving notice to the Major Investors prior to the issuance of Equity Securities as provided in Section 4.2, the Company may elect to give notice to the Major Investors within thirty (30) days after the issuance of Equity Securities.  Such notice shall describe the type, price and terms of the Equity Securities. Each Major Investor shall have twenty (20) days from the date of receipt of such notice to elect to purchase up to the number of shares that would, if purchased by such Major Investor, maintain such Major Investor’s pro rata share (as set forth in Section 4.1) of the Company’s equity securities after giving effect to all such purchases.  The closing of such sale shall occur within sixty (60) days of the date of notice to the Major Investors.
4.5 Termination and Waiver of Rights of First Refusal.  The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earliest of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering, (ii) the effective date of the registration statement pertaining to the Company’s Direct Listing or (iii) an Acquisition.  Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5 (it being understood that any such amendment or waiver must apply in the same manner to all Major Investors).
4.6 Assignment of Rights of First Refusal.  The rights of first refusal of each Major Investor under this Section 4 may be assigned to the same parties, subject to the same restrictions, as any transfer of registration rights pursuant to Section 2.9.
4.7 Excluded Securities.  The rights of first refusal established by this Section 4 shall have no application to any of the following Equity Securities:
(a) shares of Common Stock issued upon conversion of the Preferred Stock;
(b) shares of Common Stock and/or options, warrants or other Common Stock purchase rights and the Common Stock issued pursuant to such options, warrants or other rights issued or to be issued after the date hereof to employees, officers or directors of, or consultants or advisors to the Company or any subsidiary, pursuant to stock purchase or stock option plans or other arrangements that are approved by the Board; 
(c) stock issued or issuable pursuant to any rights or agreements, options, warrants or convertible securities outstanding as of the date of this Agreement; and stock issued pursuant to any such rights or agreements granted after the date of this Agreement, so long as the rights of first refusal established by this Section 4 were complied with, waived, or were inapplicable pursuant to any provision of this Section 4.7 with respect to the initial sale or grant by the Company of such rights or agreements;
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(d) any Equity Securities issued for consideration other than cash pursuant to a merger, consolidation, acquisition, strategic alliance or similar business combination approved by the Board;
(e) any Equity Securities issued in connection with any stock split, stock dividend or recapitalization by the Company;
(f) any Equity Securities issued pursuant to any equipment loan or leasing arrangement, real property leasing arrangement, or debt financing from a bank or similar financial or lending institution approved by the Board;
(g) any Equity Securities issued to third-party service providers in exchange for or as partial consideration for services rendered to the Company;
(h) any Equity Securities that are issued by the Company pursuant to a registration statement filed under the Securities Act; 
(i) any Equity Securities issued in connection with strategic transactions involving the Company and other entities, including, without limitation (i) joint ventures, manufacturing, marketing or distribution arrangements or (ii) technology transfer or development arrangements; provided that the issuance of shares therein has been approved by the Board;
(j) any Equity Securities issued by the Company pursuant to the terms of Section 2.3 of the Purchase Agreement.
SECTION 5. MISCELLANEOUS.  
5.1 Governing Law.  This Agreement shall be governed by and construed under the laws of the State of California in all respects as such laws are applied to agreements among California residents entered into and to be performed entirely within California, without reference to conflicts of laws or principles thereof.  The parties agree that any action brought by either party under or in relation to this Agreement, including without limitation to interpret or enforce any provision of this Agreement, shall be brought in, and each party agrees to and does hereby submit to the jurisdiction and venue of, any state or federal court located in the County of Santa Clara, California.  
5.2 Successors and Assigns.  Except as otherwise expressly provided herein, the provisions hereof shall inure to the benefit of, and be binding upon, the parties hereto and their respective successors, assigns, heirs, executors, and administrators and shall inure to the benefit of and be enforceable by each person who shall be a holder of Registrable Securities from time to time; provided, however, that prior to the receipt by the Company of adequate written notice of the transfer of any Registrable Securities specifying the full name and address of the transferee, the Company may deem and treat the person listed as the holder of such shares in its records as the absolute owner and holder of such shares for all purposes, including the payment of dividends or any redemption price.
5.3 Entire Agreement.  This Agreement, the Exhibits and Schedules hereto, the Purchase Agreement and the other documents delivered pursuant thereto constitute the full and entire understanding and agreement between the parties with regard to the subjects hereof and no party shall be liable or bound to any other in any manner by any oral or written representations, warranties, covenants and agreements except as specifically set forth herein and therein.  Each party expressly represents and warrants that it is not relying on any oral or written representations, warranties, covenants or agreements outside of this Agreement.
5.4 Severability.  In the event one or more of the provisions of this Agreement should, for any reason, be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality, or 
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unenforceability shall not affect any other provisions of this Agreement, and this Agreement shall be construed as if such invalid, illegal or unenforceable provision had never been contained herein.
5.5 Amendment and Waiver.  
(a) Except as otherwise expressly provided, this Agreement may be amended or modified, and  the obligations of the Company and the rights of the Holders under this Agreement may be waived, only upon the written consent of the Company and the holders of a majority of the then-outstanding Registrable Securities.  Notwithstanding the foregoing, any amendment to this Agreement which on its face expressly treats one Investor (or group of Investors) differently from all other Investors (or groups of Investors) would require the consent of the Investor (or the holders of a majority of the then-outstanding Registrable Securities held by such group of Investors) being treated differently.  For the avoidance of doubt, an amendment that might impact one Investor (or group of Investors) differently, including as it relates to the number and class or series of shares held by such Investor (or group of Investors), than all others but does not on its face expressly provide for different treatment shall not require the consent of such Investor (or group of Investors).
(b) For the purposes of determining the number of Holders or Investors entitled to vote or exercise any rights hereunder, the Company shall be entitled to rely solely on the list of record holders of its stock as maintained by or on behalf of the Company.
5.6 Delays or Omissions.  It is agreed that no delay or omission to exercise any right, power, or remedy accruing to any party, upon any breach, default or noncompliance by another party under this Agreement shall impair any such right, power, or remedy, nor shall it be construed to be a waiver of any such breach, default or noncompliance, or any acquiescence therein, or of any similar breach, default or noncompliance thereafter occurring.  It is further agreed that any waiver, permit, consent, or approval of any kind or character on any party’s part of any breach, default or noncompliance under the Agreement or any waiver on such party’s part of any provisions or conditions of this Agreement must be in writing and shall be effective only to the extent specifically set forth in such writing.  All remedies, either under this Agreement, by law, or otherwise afforded to any party, shall be cumulative and not alternative.
5.7 Notices.  All notices required or permitted hereunder shall be in writing and shall be deemed effectively given: (a) upon personal delivery to the party to be notified, (b) when sent by confirmed electronic mail or facsimile if sent during normal business hours of the recipient; if not, then on the next business day, (c) five (5) days after having been sent by registered or certified mail, return receipt requested, postage prepaid, or (d) one (1) day after deposit with a nationally recognized overnight courier, specifying next day delivery, with written verification of receipt.  All communications shall be sent to the party to be notified at the address as set forth on the signature pages hereof or Exhibit A hereto or at such other address as such party may designate by ten (10) days advance written notice to the other parties hereto.
5.8 Attorneys’ Fees.  In the event that any suit or action is instituted under or in relation to this Agreement, including without limitation to enforce any provision in this Agreement, the prevailing party in such dispute shall be entitled to recover from the losing party all fees, costs and expenses of enforcing any right of such prevailing party under or with respect to this Agreement, including without limitation, such reasonable fees and expenses of attorneys and accountants, which shall include, without limitation, all fees, costs and expenses of appeals.
5.9 Titles and Subtitles.  The titles of the sections and subsections of this Agreement are for convenience of reference only and are not to be considered in construing this Agreement.
5.10 Additional Parties.  Notwithstanding anything to the contrary contained herein, if the Company shall issue additional shares of its Preferred Stock pursuant to the Purchase Agreement, any purchaser of such shares of Preferred Stock shall become a party to this Agreement by executing and delivering an additional counterpart signature page to this Agreement and shall be deemed an “Investor,” 
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a “Holder” and a party hereunder.  Notwithstanding anything to the contrary contained herein, (a) if the Company shall issue Equity Securities in accordance with Section 4.7 (c), (e) or (h) of this Agreement, any purchaser of such Equity Securities may become a party to this Agreement by executing and delivering an additional counterpart signature page to this Agreement and shall be deemed an “Investor,” a “Holder” and a party hereunder and (b) any purchaser of Tender Offer Registrable Securities pursuant to any Tender Offer may become a party to this Agreement by executing and delivering an additional counterpart signature page to this Agreement and shall be deemed a “Holder” and a party hereunder.
5.11 Counterparts.  This Agreement may be executed in any number of counterparts, each of which shall be an original, but all of which together shall constitute one instrument. Counterparts may be delivered via facsimile, electronic mail (including pdf or any electronic signature complying with the U.S. federal ESIGN Act of 2000, e.g., www.docusign.com) or other transmission method and any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid and effective for all purposes.
5.12 Aggregation of Stock.  All shares of Registrable Securities held or acquired by affiliated entities or persons or persons or entities under common management or control shall be aggregated together for the purpose of determining the availability of any rights under this Agreement.
5.13 Pronouns.  All pronouns contained herein, and any variations thereof, shall be deemed to refer to the masculine, feminine or neutral, singular or plural, as to the identity of the parties hereto may require.
5.14 Termination.  This Agreement shall terminate and be of no further force or effect upon the earliest of (i) an Acquisition;  (ii) the date three (3) years following the Closing of the Initial Offering; or (iii) the date three (3) years following the Closing of a Direct Listing.
5.15 Waiver of Rights of First Refusal under the Prior Agreement.  Pursuant to Section 4.5 of the Prior Agreement, the Company and the Major Investors holding a majority of the Registrable Securities held by the Major Investors (the “Requisite Holders”) hereby waive their rights of first refusal and any related notice rights pursuant to Section 4.5 of the Prior Agreement with respect to the Company’s issuance and sale of the shares of Series G-1 Preferred Stock and Series G-2 Preferred Stock pursuant to the Purchase Agreement and the shares of Common Stock issued upon conversion of Preferred Stock. Effective and contingent upon the execution of this Agreement by the Company and the Requisite Holders, this Agreement shall constitute the entire agreement between the parties and shall supersede any prior understandings or agreements concerning the subject matter hereof, including the Prior Agreement.
[THIS SPACE INTENTIONALLY LEFT BLANK]
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IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	COMPANY:
	
		
	SNOWFLAKE INC.
	
		
		
	By:	/s/ Frank Slootman
		Frank Slootman
		Chief Executive Officer
		
	Address:  450 Concar Drive
San Mateo, CA 94402
	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:
	
		
	SALESFORCE VENTURES LLC
	
		
	By:	/s/ John Somorjai
	Name: John Somorjai	
	Title: President	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:
	
		
	SNOWMAN DF HOLDINGS, LP
	
		
	By:	/s/ Pat Robertson
	Name:	Pat Robertson
	Title:	Authorized Signatory

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	SEQUOIA CAPITAL U.S. GROWTH FUND VII, L.P.	
	SEQUOIA CAPITAL U.S. GROWTH VII PRINCIPALS FUND, L.P.	
	Each a Cayman Islands exempted limited partnership	
		
	By:	SC U.S. GROWTH VII MANAGEMENT, L.P., a Cayman Islands exempted limited partnership General Partner of Each
		
	By:
	SC US (TTGP), LTD., a Cayman Islands exempted company, its General Partner
		
		
	By:	/s/ Carl Eschenbach
	Name: Carl Eschenbach	
	Title:   Authorized Signatory
	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	SEQUOIA CAPITAL GLOBAL GROWTH FUND III – ENDURANCE PARTNERS, L.P.,
	
	for itself and as nominee	
		
	By: SCGGF III – Endurance Partners
Management, L.P., a Cayman Islands exempted limited partnership, its General Partner	
		
	By: SC US (TTGP), LTD., a Cayman Islands exempted company, its General Partner	
		
		
	By:	/s/ Carl Eschenbach
	Name: Carl Eschenbach	
	Title:   Authorized Signatory
	
		
		
	SEQUOIA CAPITAL GROWTH FUND III, L.P.	
		
	By:
	SCGF III Management, LLC 
A Delaware Limited Liability Company
		Its General Partner
		
	By:	/s/ Carl Eschenbach
	Name: Carl Eschenbach
	
	Title:   Authorized Signatory
	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	ICONIQ STRATEGIC PARTNERS III, L.P.,
	
	a Cayman Islands exempted limited partnership	
		
	By: ICONIQ Strategic Partners III GP, L.P., a Cayman Islands exempted limited partnership
Its: General Partner	
		
	By: ICONIQ Strategic Partners III TT GP, Ltd., a Cayman Islands exempted company
Its: General Partner	
		
	By:	/s/ Kevin Foster
	Name:	Kevin Foster
	Title:	Authorized Signatory
		
	ICONIQ STRATEGIC PARTNERS III-B, L.P.,
	
	a Cayman Islands exempted limited partnership
	
		
	By: ICONIQ Strategic Partners III GP, L.P., a Cayman Islands exempted limited partnership
Its: General Partner	
		
	By: ICONIQ Strategic Partners III TT GP, Ltd., a Cayman Islands exempted company
Its: General Partner	
		
	By:
	/s/ Kevin Foster
	Name:	Kevin Foster
	Title:	Authorized Signatory
		
	ICONIQ STRATEGIC PARTNERS III CO-INVEST, L.P., SERIES SF
	
		
	By: ICONIQ Strategic Partners III GP, L.P., a Cayman Islands exempted limited partnership
Its: General Partner	
		
	By: ICONIQ Strategic Partners III TT GP, Ltd., a Cayman Islands exempted company
Its: General Partner	
		
	By:
	/s/ Kevin Foster
	Name:	Kevin Foster
	Title:	Authorized Signatory

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	ALTIMETER PARTNERS FUND, L.P.
	
		
	By:	Altimeter Private General Partner, LLC
	Its:
	General Partner

		
	By:	/s/ John J. Kiernan III
		
	Name:	John J. Kiernan III
	Title:
	Member

		
	ALTIMETER PRIVATE PARTNERS FUND I, L.P.
	
		
	By:	Altimeter Private General Partner, LLC
	Its:	General Partner

		
	By:	/s/ John J. Kiernan III
		
	Name:	John J. Kiernan III
	Title:
	Member

		
	ALTIMETER PRIVATE PARTNERS FUND II, L.P.
	
		
	By:
	Altimeter Private General Partner, LLC
	Its:
	General Partner

		
	By:	/s/ John J. Kiernan III
		
	Name:	John J. Kiernan III
	Title:
	Member

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	ALTIMETER GROWTH PARTNERS FUND III, L.P.
	
		
	By:	Altimeter Private General Partner, LLC
	Its:
	General Partner

		
	By:	/s/ John J. Kiernan III
		
	Name:	John J. Kiernan III
	Title:
	Member

		
	ALTIMETER GROWTH SIERRA FUND, L.P.
	
		
	By:	Altimeter Sierra General Partner LLC
	Its:	General Partner

		
	By:	/s/ John J. Kiernan III
		
	Name:	John J. Kiernan III
	Title:
	Authorized Person

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	SUTTER HILL VENTURES,  
A CALIFORNIA LIMITED PARTNERSHIP
	
		
	By:	Sutter Hill Ventures, L.L.C.
	Its:
	General Partner

		
	By:	/s/ Michael L. Speiser
		
	Name:	Michael L. Speiser
	Title:
	Managing Director

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
									
	INVESTOR:		
			
	ANDREW T. SHEEHAN AND NICOLE J. SHEEHAN AS TRUSTEES OF SHEEHAN 2003 TRUST
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Andrew T. Sheehan, Trustee

			
	ANVEST, L.P.
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			David L. Anderson, Trustee of The Anderson Living Trust U/A/D 1/22/98, General Partner

			
	DOUGLAS T. MOHR AND BETH Z. MOHR, CO‐TRUSTEES OF THE MOHR FAMILY TRUST
U/A/D 2/17/15
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Douglas T. Mohr, Trustee

			
	JAMES C. GAITHER, TRUSTEE OF THE GAITHER REVOCABLE TRUST U/A/D 9/28/2000
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			James C. Gaither, Trustee

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
									
	INVESTOR:		
			
	MICHAEL L. SPEISER AND MARY ELIZABETH SPEISER, CO-TRUSTEES OF SPEISER TRUST
U/A/D 7/19/06
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Michael L. Speiser, Trustee

			
	NESTEGG HOLDINGS, LP
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Jeffrey W. Bird, Trustee of Jeffrey W. and Christina R. Bird Trust U/A/D 10/31/00, General Partner

			
	SAMUEL J. PULLARA III AND LUCIA CHOI PULLARA, CO-TRUSTEES OF THE PULLARA REVOCABLE TRUST U/A/D 08/21/2013
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Samuel J. Pullara III, Trustee

			
	SAUNDERS HOLDINGS, L.P.
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			G. Leonard Baker, Jr., Trustee of The Baker Revocable Trust U/A/D 2/3/03, General Partner

			
	STEFAN A. DYCKERHOFF AND WENDY G. DYCKERHOFF-JANSSEN, OR THEIR SUCCESSOR(S) AS TRUSTEES UNDER THE DYCKERHOFF 2001 REVOCABLE TRUST AGREEMENT DATED AUGUST 30, 2001
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Stefan A. Dyckerhoff, Trustee

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
									
	INVESTOR:		
			
	TALLACK PARTNERS, L.P.
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			James C. Gaither, Trustee of The Gaither Revocable Trust U/A/D 9/28/2000, General Partner

			
	YOVEST, L.P.
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			William H. Younger, Jr., Trustee of The William H. Younger, Jr. Revocable Trust U/A/D 8/5/09, General Partner

			
	ROOSTER PARTNERS, LP
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Tench Coxe, Trustee of the Coxe Revocable Trust U/A/D 4/23/98, General Partner

			
	ROSETIME PARTNERS L.P.
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			James N. White, Trustee of The White Revocable Trust U/A/D 4/3/97, General Partner

			
	JEFFREY W. BIRD AND CHRISTINA R. BIRD, CO-TRUSTEES OF JEFFREY W. AND CHRISTINA R. BIRD TRUST U/A/D 10/31/00
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Jeffrey W. Bird, Trustee

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
									
	INVESTOR:		
			
	BARBARA NISS, TRUSTEE BARBARA NISS 2013 REVOCABLE TRUST DATED DECEMBER 18, 2013
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Barbara Niss, Trustee

			
	BRENT E. WELLING AND NANCY A. WELLING
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Brent E. Welling

			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Nancy A. Welling

			
	CHATTER PEAK PARTNERS, L.P.
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Michael L. Speiser, Trustee of Speiser Trust
U/A/D 7/19/06, General Partner
			
	DAVID E. SWEET AND ROBIN T. SWEET, AS TRUSTEES OF THE DAVID AND ROBIN SWEET LIVING TRUST, DATED 7/6/04
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			David E. Sweet, Trustee

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
									
	INVESTOR:		
			
	G. LEONARD BAKER, JR. AND MARY ANNE BAKER, CO-TRUSTEES OF THE BAKER REVOCABLE TRUST, U/A/D 2/3/03
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			G. Leonard Barker Jr., Trustee

			
	JAMES N. WHITE AND PATRICIA A. O'BRIEN, 
CO-TRUSTEES OF THE WHITE REVOCABLE TRUST U/A/D 4/3/97
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			James N. White, Trustee

			
	JAMES N. WHITE, TRUSTEE OF SIERRA TRUST U/A/D 12/16/1997
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			James N. White, Trustee

			
	BRADLEY LUTON
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			
	MICHAEL I. NAAR AND DIANE J. NAAR AS TRUSTEES OF NAAR FAMILY TRUST U/A/D 12/22/94
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Michael I. Naar, Trustee

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
									
	INVESTOR:		
			
	PATRICK ANDREW CHEN AND YU-YING CHIU CHEN AS TRUSTEES OF PATRICK AND YING CHEN 2001 LIVING TRUST DATED 3/17/01
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Patrick Andrew Chen, Trustee

			
	ROOSTER PARTNERS, L.P. - FUND NO. 2
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Tench Coxe, Trustee of the Coxe Revocable Trust U/A/D 4/23/98, General Partner

			
	STARFISH HOLDINGS, L.P.
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			David L. Anderson, Trustee of The Anderson Living Trust U/A/D 1/22/98, General Partner

			
	TENCH COXE AND SIMONE OTUS COXE, CO-TRUSTEES OF THE COXE REVOCABLE TRUST U/A/D 4/23/98
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Tench Coxe, Trustee

			
	THE ALEKSANDR DAVID OTUS 2015 IRREVOCABLE TRUST
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			
	Name:
		
			
	Title:
		

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	THE ALEYNA ELIZABETH LACROIX 2015 IRREVOCABLE TRUST
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:	
		
	Title:	
		
	THE FRANCES HELEN CANINE 2015 IRREVOCABLE TRUST
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:	
		
	Title:	
		
	THE FRANCESCO BERKE OTUS 2015 IRREVOCABLE TRUST
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:	
		
	Title:	
		
	THE HELOISE KALLA OTUS 2015 IRREVOCABLE TRUST
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:
	
		
	Title:
	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
									
	INVESTOR:		
			
	THE JOSEPH DAVID LACROIX 2015 IRREVOCABLE TRUST
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			
	Name:		
			
	Title:		
			
	THE WILL COXE CANINE 2015 IRREVOCABLE TRUST
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			
	Name:		
			
	Title:		
			
	PATRICIA TOM, TRUSTEE OF PATRICIA TOM 
LIVING TRUST DATED APRIL 15, 2019
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Patricia Tom, Trustee

			
	WILLIAM H. YOUNGER, JR. TRUSTEE OF THE WILLIAM H. YOUNGER, JR. REVOCABLE TRUST U/A/D 8/5/2009
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			William H. Younger, Jr., Trustee

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
									
	INVESTOR:		
			
	DOUGLAS T. MOHR, TRUSTEE OF THE DOUGLAS T. MOHR REVOCABLE TRUST DATED OCTOBER 5, 2018
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Douglas T. Morh, Trustee

			
	SAMUEL J. PULLARA III AND LUCIA CHOI PULLARA, CO-TRUSTEES OF THE PULLARA 2019 CHILDREN’S TRUST U/A/D 10/21/2019
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Samuel J. Pullara III, Trustee

			
	JANICE PEGI MORGAN
		
			
		/s/ Janice Pegi Morgan	
			
	STEPHEN CRAWFORD SMART
		
		/s/ Steve Smart	
			
	SUITEVEST, LP
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			
	Name:
		
			
	Title:
		
			
	THE 2018 FRANKLIN S. BIRD TRUST
		
	By:	/s/ Robert Yin, Under Power of Attorney	
			
	Name:
		
			
	Title:
		

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	THE 2018 JOHN W. BIRD TRUST
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:	
		
	Title:	
		
	THE 2018 PETER R. BIRD TRUST
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:	
		
	Title:	
		
	THE BIRD 2011 IRREVOCABLE CHILDREN’S TRUST
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:	
		
	Title:	
		
	THE ALEXANDER JACKSON SHEEHAN 2019 IRREVOCABLE TRUST
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:
	
		
	Title:
	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	THE JULIAN BLAINE COVINGTON SHEEHAN 2019 IRREVOCABLE TRUST
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:	
		
	Title:	
		
	THE JUSTIN HUNTINGTON PETERS 2019 IRREVOCABLE TRUST
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:	
		
	Title:	
		
	THE LAYNE ANDREWS TAFT SHEEHAN 2019 IRREVOCABLE TRUST
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:	
		
	Title:	
		
	THE COXE 2006 IRREVOCABLE CHILDREN TRUST F/B/O EZEKIEL OTUS COXE
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:
	
		
	Title:
	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	THE COXE 2006 IRREVOCABLE CHILDREN TRUST F/B/O ISABEL MARBURY COXE
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:	
		
	Title:	
		
	THE COXE 2006 IRREVOCABLE CHILDREN TRUST F/B/O TENCH MAHMUT COXE
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:	
		
	Title:	
		
	THE EMERALD EXEMPT TRUST
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:	
		
	Title:	
		
	THE OPAL EXEMPT TRUST
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:
	
		
	Title:
	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	THE SAPPHIRE EXEMPT TRUST
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:	
		
	Title:	
		
	THE TOPAZ EXEMPT TRUST
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:	
		
	Title:	
		
	THE WHITE 2011 IRREVOCABLE CHILDREN’S TRUST
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:	
		
	Title:	
		
	THE YOUNGER 2006 IRREVOCABLE CHILDREN’S TRUST F/B/O JULIE Y. ALEMAN
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:
	
		
	Title:
	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	THE YOUNGER 2006 IRREVOCABLE CHILDREN’S TRUST F/B/O KELLY L. YOUNGER
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:	
		
	Title:	
		
	THE YOUNGER 2006 IRREVOCABLE CHILDREN’S TRUST F/B/O MARK W. YOUNGER
	
		
	By:	/s/ Robert Yin, Under Power of Attorney
		
	Name:	
		
	Title:	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	WELLS FARGO BANK, N.A. FBO 
DAVID E. SWEET ROTH IRA
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP
		
	WELLS FARGO BANK, N.A. FBO 
DIANE J. NAAR ROTH IRA
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP
		
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO PATRICIA TOM (ROLLOVER)
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP
		
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO ROBERT YIN
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	WELLS FARGO BANK, N.A. FBO
G. LEONARD BAKER, JR. ROTH IRA
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP
		
	WELLS FARGO BANK, N.A. FBO
TENCH COXE ROTH IRA
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP
		
	WELLS FARGO BANK, N.A. FBO
ANDREW T. SHEEHAN ROTH IRA
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP
		
	WELLS FARGO BANK, N.A. FBO
STEFAN A. DYCKERHOFF ROTH IRA
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	WELLS FARGO BANK, N.A. FBO
YU-YING CHEN ROTH IRA
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP
		
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO YU-YING CHEN (ROLLOVER)
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP
		
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO BARBARA NISS
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP
		
	WELLS FARGO BANK, N.A. FBO
BARBARA NISS ROTH IRA
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	WELLS FARGO BANK, N.A. FBO
BARBARA NISS IRA
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP
		
	WELLS FARGO BANK, N.A. FBO
JAMES N. WHITE ROTH IRA
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP
		
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO  
ANDREW T. SHEEHAN
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP
		
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO 
ANDREW T. SHEEHAN (ROLLOVER)
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO 
DAVID E. SWEET (ROLLOVER)
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP
		
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO DIANE J. NAAR
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP
		
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO JAMES N. WHITE
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP
		
	WELLS FARGO BANK, N.A. FBO
MICHAEL SPEISER ROTH IRA
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO YU-YING CHEN 
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP
		
	WELLS FARGO BANK, N.A., CUSTODIAN FOR
ANDREW T. SHEEHAN ROTH IRA
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP
		
	WELLS FARGO BANK, N.A., CUSTODIAN FOR
YU-YING CHEN ROTH IRA
	
		
	By:	/s/ India Jones
		
	Name:	India Jones
		
	Title:	AVP

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
									
	INVESTOR:		
			
	REDPOINT VENTURES V, L.P., by its General Partner Redpoint Ventures V, LLC
		
			
	REDPOINT ASSOCIATES V, LLC, as nominee
		
			
	By:	/s/ John L. Walecka	
			John L. Walecka, Managing Director

			
	REDPOINT OMEGA III, LP, by its General Partner
Redpoint Omega III, LLC
		
			
	REDPOINT OMEGA ASSOCIATES III, LLC, as nominee
		
			
	By:	/s/ John L. Walecka	
			John E. Walecka, Manager

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	GARRETT FAMILY INVESTMENT PARTNERSHIP, L.P.
	
		
	By:	/s/ Mark Garett
		
	Name:
	Mark Garret
		
	Title:
	Board Member

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	JOHN MCMAHON 1995 FAMILY TRUST
	
		
	By:	/s/ John McMahon
		
	Name:
	John McMahon
		
	Title:
	Board Member
		
	THE JOHN MCMAHON SOFTWARE IRREVOCABLE TRUST
	
		
	By:	/s/ John McMahon
		
	Name:
	John McMahon
		
	Title:
	Board Member
		
	JOHN MCMAHON
	
		/s/ John McMahon

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
									
	INVESTOR:		
			
	MICHAEL P. SCARPELLI 2019 GRANTOR 
		
	RETAINED ANNUITY TRUST
		
			
			
	By:	/s/ Christopher J. Biles	
			
	Print Name:		Christopher J. Biles
			
	Title:	Trustee	
			
	SCARPELLI FAMILY TRUST
		
			
	By:	/s/ Michael P. Scarpelli	
			
	Print Name:		Michael P. Scarpelli
			
	Title:	Trustee	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	ALAMEDA ALPHA, LLC 
	
		
	By:	/s/ James Peter Wagner
		
	Name: James Peter Wagner
	
	Title: Member
	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of February 19, 2020.
						
	INVESTOR:	
		
	ALTIMETER GROWTH PARTNERS FUND IV, L.P.
	
		
	By: Altimeter Growth General Partner IV, LLC	
	Its: General Partner 	
		
	By:	/s/ John J. Kiernan III
		
	Name: John J. Kiernan III
	
	Title: Authorized Person
	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
									
	INVESTOR:		
			
	GC&H INVESTMENTS, LLC 
		
			
	By:	/s/ Mark Tanoury	
			Mark Tanoury, Manager

			
	GC&H INVESTMENTS
		
			
	By:	/s/ Mark Tanoury	
			Mark Tanoury, Manager

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof
									
	INVESTOR:		
			
	H. BARTON CO-INVEST FUND II, LLC
		
			
	By: H. Barton Asset Management, LLC		
	Its: Managing Member 		
			
	By:	/s/ Harris Barton	
			Harris Barton
			Managing Member 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of February 19, 2020.
									
	INVESTOR:		
			
	HBAM SF, LLC 		
			
	By: H. Barton Asset Management, LLC		
	Its: Managing Member 		
			
	By:	/s/ Harris Barton	
	Name: 		Harris Barton
	Title:
		Managing Member 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of February 19, 2020.
						
	INVESTOR:	
		
	ICONIQ STRATEGIC PARTNERS IV, L.P.,
a Cayman Islands exempted limited partnership 
	
		
	By:	ICONIQ Strategic Partners IV GP, L.P.,
a Cayman Islands exempted limited partnership 
	Its:	General Partner 
		
	By:
	ICONIQ Strategic Partners IV TT GP, Ltd.,
a Cayman Islands exempted company 
	Its:
	General Partner 
		
	By:	/s/ Kevin Foster
	Name:	Kevin Foster
	Title:	Authorized Signatory
		
	ICONIQ STRATEGIC PARTNERS IV-B, L.P.,
a Cayman Islands exempted limited partnership 
	
		
	By:	ICONIQ Strategic Partners IV GP, L.P.,
a Cayman Islands exempted limited partnership 
	Its:	General Partner 
		
	By:	ICONIQ Strategic Partners IV TT GP, Ltd.,
a Cayman Islands exempted company 
	Its:	General Partner 
		
	By:	/s/ Kevin Foster
	Name:	Kevin Foster
	Title:	Authorized Signatory

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
									
	INVESTOR:		
			
	MADRONA VENTURE FUND VI, LP 
		
			
	By: Madrona Investment Partners VI, LP,		
	its General Partner		
	By: Madrona VI General Partner, LLC,
		
	its General Partner 		
			
	By:	/s/ Sivaramakichenane Somasegar	
			
	Name:		Sivaramakichenane Somasegar
	Title:
		Managing Director 
			
	MADRONA VENTURE FUND VI-A, LP 
		
			
	By: Madrona Investment Partners VI, LP,		
	its General Partner		
	By: Madrona VI General Partner, LLC,		
	its General Partner		
			
	By:	/s/ Sivaramakichenane Somasegar	
			
	Name:		Sivaramakichenane Somasegar
	Title:
		Managing Director

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	MERITECH CAPITAL PARTNERS VI L.P. 
	
		
	By:	Meritech Capital Associates VI L.L.C.
		its General Partner
		
	By:	/s/ Rob Ward
		Rob Ward, a managing member 
		
	MERITECH CAPITAL AFFILIATES VI L.P. 
	
		
	By:	Meritech Capital Associates VI L.L.C.
		its General Partner
		
	By:	/s/ Rob Ward
		Rob Ward, a managing member 
		
	MERITECH CAPITAL ENTREPRENEURS VI L.P. 
	
		
	By:	Meritech Capital Associates VI L.L.C.
		its General Partner 
		
	By:	/s/ Rob Ward
		Rob Ward, a managing member 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of February 19, 2020.
						
	INVESTOR:	
		
	MICHAEL P. SCARPELLI 
	
		
	/s/ Michael P. Scarpelli	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
						
	INVESTOR:	
		
	OAKSTONE VENTURES, INC.
	
		
	By:	/s/ Jaidev Sheigill
		
	Name:	Jaidev Sheigill
	Title:	Senior Vice President

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of February 19, 2020.
						
	INVESTOR:	
		
	REDPOINT VENTURES IV, L.P., by its General
Partner Redpoint Ventures IV, LLC 
	
		
	REDPOINT ASSOCIATES IV, L.L.C., as nominee 
	
		
	By:	/s/ John L. Walecka
		John L. Walecka, Managing Director

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT February 19, 2020.
						
	INVESTOR:	
		
	SEQUOIA CAPITAL U.S. GROWTH FUND VI, L.P.	
	SEQUOIA CAPITAL U.S. GROWTH VI	
	PRINCIPALS FUND, L.P.	
	Each a Cayman Islands exempted limited partnership 	
		
	By:	SC U.S. GROWTH VI MANAGEMENT, L.P.,
a Cayman Islands exempted limited partnership General Partner of Each 
		
	By:	SC US (TTGP), LTD.,
a Cayman Island exempted company, its General Partner
		
	By:	/s/ Carl Eschenbach
	Name:	Carl Eschenbach
	Title:	Authorized Signatory

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of February 19, 2020.
									
	INVESTORS:		
			
	BETH Z. MOHR, TRUSTEE OF BETH Z. MOHR
TRUST DATED 1/23/2019
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Beth Z. Mohr, Trusttee
			
	CHRISTOPHER J. BASSO AND JULIE BASSO,
TRUSTEES OF CHRISTOPHER AND JULIE BASSO
REVOCABLE LIVING TRUST U/A/D 1/9/2015
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Christopher J. Bassp, Trustee
			
	WILLIAM E. BULL
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			
	DlVANNY ISSATIU LAMAS
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			
	BRIAN J. BLOND AND JUDY BLOND, TRUSTEES OF
THE BLOND 2007 RECOVABLE TRUST DATED
JULY 10, 2007
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Brian J. Blond, Co-Trustee
			
	ROBERT YIN AND LILY YIN AS TRUSTEES OF YIN
FAMILY TRUST DATED MARCH 1, 1997
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			Robert Yin, Trustee

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of February 19, 2020.
									
	INVESTOR:		
			
	DAVID A. WEIPER, TRUSTEE OF DAVID A.
WEIPER TRUST
		
			
	By:	/s/ Robert Yin, Under Power of Attorney	
			David A. Weiper, Trustee

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of February 19, 2020.
						
	INVESTOR:	
		
	WELLS FARGO BANK, N.A. 
SHV PROFIT SHARING PLAN FBO
CHRISTOPHER J. BASSO 
	
		
	By:	/s/ Todd Noetzelman
		
	Name:	Todd Noetzelman
		
	Title:	Vice President
		
	WELLS FARGO BANK, N.A. 
SHV PROFIT SHARING PLAN FBO
DIVANNY ISSATIU LAMAS 
	
		
	By:	/s/ Todd Noetzelman
		
	Name:	Todd Noetzelman
		
	Title:	Vice President
		
	WELLS FARGO BANK, N.A. 
SHV PROFIT SHARING PLAN FBO
PATRICIA TOM (POST) 
	
		
	By:	/s/ Todd Noetzelman
		
	Name:	Todd Noetzelman
		
	Title:	Vice President

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	COATUE US 19 LLC 	
		
	By:	Coatue Management, L.L.C., its Investment Manager 
		
	By:	/s/ Zachary Feingold
		Name: Zachary Feingold
		Title: Authorized Signatory 
		
	Address: [Intentionally Omitted.]
	
		
	With a copy (which shall not constitute notice) to: 	
		
	Gunderson Dettmer Stough Villeneuve Franklin &
Hachigian, LLP	
		
	Address: [Intentionally Omitted.]
	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	SANDS CAPITAL GLOBAL INNOVATION FUND-SNW, 
L.P.
	
		
	By: Sands Capital Global Innovation Fund C-1-GP,	
	L.P., its general partner	
		
	By: Sands Capital Global Innovation Fund C-1-GP, LLC,	
	its general partner 	
		
	By:	/s/ Jonathan Goodman
	Name:	Jonathan Goodman
	Title:	General Counsel
		
	SANDS CAPITAL GLOBAL INNOVATION FUND, LLC 
	
		
	By:	/s/ Jonathan Goodman
	Name:	Jonathan Goodman
	Title:	General Counsel

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
									
	TENDER OFFER HOLDER:
		
			
	TIGER GLOBAL PIP 11 HOLDINGS-2 LLC
		
			
	By:	/s/ Steven Boyd	
	Name:	Steven Boyd	
	Title:	Manager	
			
	Address: [Intentionally Omitted.]
		

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
									
	TENDER OFFER HOLDER: 		
			
	LONE CYPRESS, LTD.
		
			
	By:	/s/ Kerry A. Tyler	
	Name: Kerry A. Tyler		
	Title: Authorized Signatory		
			
	LONE MONTEREY MASTER FUND, LTD.
		
			
	By:	/s/ Kerry A. Tyler	
	Name: Kerry A. Tyler		
	Title: Authorized Signatory		
			
	LONE SPRUCE, L.P.
		
	By:	Lone Pine Associates LLC, its general partner	
			
	By:	/s/ Kerry A. Tyler	
	Name: Kerry A. Tyler		
	Title: Authorized Signatory		
			
	LONE SIERRA, L.P.
		
	By:	Lone Pine Members LLC, its general partner	
			
	By:	/s/ Kerry A. Tyler	
	Name: Kerry A. Tyler		
	Title: Authorized Signatory		
			
	LONE CASCADE, L.P.
		
	By:	Lone Pine Members LLC, its general partner	
			
	By:	/s/ Kerry A. Tyler	
	Name: Kerry A. Tyler		
	Title: Authorized Signatory		
			
	Address:		[Intentionally Omitted.]
			
	Email:		[Intentionally Omitted.]

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER:	
		
	THE NEW ECONOMY FUND
	
	By:	Capital Research and Management Company, for 
and on behalf of The New Economy Fund
		
	By:	/s/ Donald H. Rolfe
	Name: Donald H. Rolfe	
	Title: Authorized Signatory	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	CAPITAL GROUP NEW ECONOMY TRUST (US)
	
		
	By:	Capital Research and Management Company,
For and on behalf of Capital Group New
Economy Trust 
		
	By:	/s/ Walter R. Burkley
	Name: Walter R. Burkley	
	Title: Authorized Signatory	
		
	Address: [Intentionally Omitted.]
	
		
	Email: [Intentionally Omitted.]
	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
									
	TENDER OFFER HOLDER: 		
			
	DURABLE CAPITAL MASTER FUND LP
		
	By: Durable Capital Associates LLC, its general partner		
			
	By:	/s/ Michael Blandino	
	Name: Michael Blandino		
	Title: Authorized Person		
			
	Address:		[Intentionally Omitted.]
			
	Email:		[Intentionally Omitted.]

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	D1 CAPITAL PARTNERS MASTER LP
	
	By: D1 Capital Partners GP Sub LLC, its General Partner	
		
	By:	/s/ Dan Sundheim
	Name: Dan Sundheim	
	Title: Founder & Chief Investment Officer 	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
									
	TENDER OFFER HOLDER: 		
			
	CPP INVESTMENT BOARD PMI-1 INC. 
		
			
	By:	/s/ Leon Pedersen	
	Name: Leon Pedersen		
	Title: Authorized Signatory 		
			
	By:	/s/ Daniel Fetter	
	Name: Daniel Fetter		
	Title: Authorized Signatory		
			
	Address:		[Intentionally Omitted.]

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER:
	
		
	ONSET INVESTMENT PTE. LTD. 
	
		
	By:	/s/ Lihan Chen
	Name: Lihan Chen	
	Title: Authorized Signatory	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER:
	
		
	SCGE FUND, L.P., a Cayman Islands limited partnership
	
		
	By:	SCGE (LTGP), L.P., A Cayman Islands limited 
partnership
	Its:	General Partner
		
	By:	/s/ Kimberly Summe
	Name: Kimberly Summe	
	Title: Chief Operating Officer and General Counsel	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	ARANDA INVESTMENTS PTE. LTD.
	
		
	By:	/s/ Chia Song Hwee
	Name: Chia Song Hwee	
	Title: Authorized Signatory 	
		
	Address:	[Intentionally Omitted.]
		
	Email:	[Intentionally Omitted.]

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY MT. VERNON STREET TRUST:
	
	FIDELITY SERIES GROWTH COMPANY FUND
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY MT. VERNON STREET TRUST:
	
	FIDELITY GROWTH COMPANY FUND
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY GROWTH COMPANY COMMINGLED POOL
	
	BY: FIDELITY MANAGEMENT TRUST COMPANY,
	
	AS TRUSTEE
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY MT. VERNON STREET TRUST:
	
	FIDELITY GROWTH COMPANY K6 FUND
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY SECURITIES FUND
	
	FIDELITY BLUE CHIP GROWTH FUND
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY BLUE CHIP GROWTH COMMINGLED POOL
	
	BY: FIDELITY MANAGEMENT TRUST COMPANY,
AS TRUSTEE
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY SECURITES FUND:
	
	FIDELISTY FLEX LARGE CAP GROWTH FUND
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY SECURITIES FUND:
	
	FIDELITY BLUE CHIP GROWTH K6 FUND
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY BLUE CHIP GROTH INSTITUTIONAL TRUST
	
	BY ITS MANAGER FIDELITY INVETMENTS
CANADA ULC
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY SECURITIES FUND:
	
	FIDELITY SERIES BLUE CHIP GROWTH FUND
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIAM TARGET DATE BLUE CHIP GROWTH COMMINGLED POOL
	
	BY: FIDELITY INSTITUTIONAL ASSET MANAGEMENT TRUST COMPANY AS TRUSTEE
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	VARIBLE INSURANCE PRODUCTS FUND III:
	
	GROWTH OPPORTUNITIES PORTFOLIO
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY ADVISOR SERIES I:
	
	FIDELITY ADVISOR GROWTH OPPORTUNITIES FUND
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY ADVISOR SERIES I: FIDELITY ADVISOR
	
	SERIES GROWTH OPPORTUNITIES FUND
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY ADVISOR SERIES VII:
	
	FIDELITY ADVISOR TECHNOLOGY FUND
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY SELECT PORTFOLIOS:
	
	TECHNOLOGY PORTOLIO
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	VARIABLE INSURANCE PRODUCTS FUND IV:
	
	TECHNOLOGY PORTFOLIO
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY CONTRAFUND: FIDELITY CONTRAFUND
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY CONTRAFUND COMMINGLED POOL
	
	BY: FIDELITY MANAGEMENT TRUST COMPANY,
AS TRUSTEE
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY CONTRAFUND:
	
	FIDELITY CONTRAFUND K6
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY CONTRAFUND:
	
	FIDELITY ADVISOR NEW INSIGHTS FUND - SUB A
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY INSIGHTS INVESTMENT TRUST
	
	BY ITS MANAGER FIDELITY INVESTMENTS
CANADA ULC
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY CONTRAFUND:
	
	FIDELITY FLEX OPPORTUNISTIC INSIGHTS FUND
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY CONTRAFUND:
	
	FIDELITY SERIES OPPORTUNISTIC INSIGHTS FUND
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	VARIABLE INSURANCE PRODUCTS FUND II:
	
	CONTRAFUND PORTFOLIO
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	VARIABLE INSURANCE PRODUCTS FUND III:
	
	BALANCED PORTFOLIO
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY PURITAN TRUST:
	
	FIDELITY BALANCED FUND
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY ADVISOR SERIES I:
	
	FIDELITY ADVISOR BALANCED FUND
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	FIDELITY PURITAN TRUST: 
	
	FIDELITY BALANCED K6 FUND
	
		
	By:	/s/ Jonathan Davis
		
	Name:	Jonathan Davis
		
	Title:	Authorized Signatory 

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
												
	TENDER OFFER HOLDER: 			
				
	SCOTTISH MORTGAGE INVESTMENT TRUST PLC
			
				
	By:	Baillie Gifford & Co, as agent		
				
	By:	/s/ Tom Slater		
	Name: Tom Slater			
	Title: Partner			
				
	Address:			[Intentionally Omitted.]
				
	Email:			[Intentionally Omitted.]
				
	BAILLIE GIFFORD US GROWTH TRUST PLC
			
				
	By:	Baillie Gifford & Co, as agent		
				
	By:	/s/ Tom Slater		
	Name: Tom Slater			
	Title: Partner			
				
	Address:			[Intentionally Omitted.]
				
	Email:			[Intentionally Omitted.]

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
									
	TENDER OFFER HOLDER: 		
			
	PORT-AUX-CHOIX PRIVATE INVESTMENTS INC. 		
			
	By:	/s/ Patrick Daignault	
	Name: Patrick Daignault		
	Title: Authorized Signatory		
			
	By:	/s/ Taha Mubashir 	
	Name: Taha Mubashir 		
	Title: Authorized Signatory		
			
	Address:		[Intentionally Omitted.]
			
	Email: 		[Intentionally Omitted.]

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
									
	TENDER OFFER HOLDER: 		
			
	GFNCI LLC		
			
	By:	/s/ Gerald A. Beeson 	
	Name: Gerald A. Beeson 		
	Title: Authorized Signatory		
			
	Address:		[Intentionally Omitted.]
			
	Email:		[Intentionally Omitted.]

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
									
	TENDER OFFER HOLDER: 		
			
	BLACKSTONE GLOBAL MASTER FUND ICAV		
	acting solely on behalf of its sub-fund		
	BLACKSTONE AQUA MASTER SUB-FUND 		
			
	By:	/s/ Peter Koffler	
	Name: Peter Koffler		
	Title: Authorized Signatory		
			
	Address:		[Intentionally Omitted.]
			
	Email:		[Intentionally Omitted.]

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
									
	TENDER OFFER HOLDER: 		
			
	BSOF PARALLEL MASTER FUND L.P.		
	By: Blackstone Strategic Opportunity Associates L.L.C.,
		
	its general partner 		
			
	By:	/s/ Peter Koffler	
	Name: Peter Koffler		
	Title: Authorized Signatory		
			
	Address:		[Intentionally Omitted.]
			
	Email:		[Intentionally Omitted.]

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	T. ROWE PRICE INSTITUTIONAL LARGE-CAP GROWTH FUND
	
	PRINCIPAL FUNDS, INC. - LARGECAP GROWTH FUND I
	
	PRINCIPAL VARIABLE CONTRACTS FUNDS, INC. - LARGECAP GROWTH ACCOUNT I
	
	T. ROWE PRICE U.S. EQUITIES TRUST	
	THE KP FUNDS - KP LARGE CAP EQUITY FUND
	
	PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY
	
	T. ROWE PRICE LARGE-CAP GROWTH TRUST	
	T. ROWE PRICE LARGE-CAP GROWTH TRUST I
	
	Each account, severally not jointly	
		
	By: T. Rowe Price Associates, Inc., Investment Adviser 	
	or Subadviser, as applicable	
		
	By:	/s/ Todd Skacan
	Name: Todd Skacan	
	Title: Vice President	
		
	Address: [Intentionally Omitted.]
	
	Phone: [Intentionally Omitted.]
	
	Email: [Intentionally Omitted.]
	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	T. ROWE PRICE GROWTH STOCK FUND, INC.	
	SEASONS SERIES TRUST - SA T. ROWE PRICE GROWTH STOCK PORTFOLIO
	
	VOYA PARTNERS, INC. - VY T. ROWE PRICE GROWTH EQUITY PORTFOLIO
	
	BRIGHTHOUSE FUNDS TRUST II - T. ROWE PRICE LARGE CAP GROWTH PORTFOLIO
	
	LINCOLN VARIABLE INSURANCE PRODUCTS TRUST - LVIP T. ROWE PRICE GROWTH STOCK FUND
	
	PENN SERIES FUNDS, INC. - LARGE GROWTH STOCK FUND
	
	T. ROWE PRICE GROWTH STOCK TRUST	
	BRINKER CAPITAL DESTINATIONS TRUST - DESTINATIONS LARGE CAP EQUITY FUND
	
	MASSMUTUAL SELECT FUNDS - MASSMUTUAL SELECT T. ROWE PRICE LARGE CAP BLEND FUND
	
	Each account, severally not jointly	
		
	By: T. Rowe Price Associates, Inc., Investment Adviser 
	
	or Subadviser, as applicable	
		
	By:	/s/ Todd Skacan
	Name: Todd Skacan	
	Title: Vice President	
		
	Address: [Intentionally Omitted.]
	
	Phone: [Intentionally Omitted.]
	
	Email: [Intentionally Omitted.]
	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	T. ROWE PRICE GLOBAL TECHNOLOGY FUND, INC.
	
	TD MUTUAL FUNDS - TD SCIENCE & TECHNOLOGY FUND
	
	Each account, severally not jointly	
		
	By: T. Rowe Price Associates, Inc., Investment Adviser 
	
	or Subadviser, as applicable	
		
	By:	/s/ Todd Skacan
	Name: Todd Skacan	
	Title: Vice President	
		
	Address: [Intentionally Omitted.]
	
	Phone: [Intentionally Omitted.]
	
	Email: [Intentionally Omitted.]
	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of March 19, 2020.
						
	TENDER OFFER HOLDER: 	
		
	T. ROWE PRICE COMMUNICATIONS & TECHNOLOGY FUND, INC.
	
	TD MUTUAL FUNDS - TD GLOBAL ENTERTAINMENT & COMMUNICATIONS FUND
	
	Each account, severally not jointly	
		
	By: T. Rowe Price Associates, Inc., Investment Adviser 
	
	or Subadviser, as applicable	
		
	By:	/s/ Todd Skacan
	Name: Todd Skacan	
	Title: Vice President	
		
	Address: [Intentionally Omitted.]
	
	Phone: [Intentionally Omitted.]
	
	Email: [Intentionally Omitted.]
	

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of May 13, 2020.
						
	INVESTOR:	
		
	SANDS CAPITAL GLOBAL INNOVATION FUND, LLC
	
		
	By:	/s/ Jonathan Goodman
		
	Name:	Jonathan Goodman
		
	Title:	General Counsel

SNOWFLAKE INC.
SERIES G PREFERRED STOCK FINANCING
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

SCHEDULE OF INVESTORS
			
	SNOWMAN DF HOLDINGS, LP
[Intentionally omitted.]

	
	SALESFORCE VENTURES LLC
[Intentionally omitted.]

	
	SEQUOIA CAPITAL U.S. GROWTH FUND VII, L.P.
[Intentionally omitted.]

	
	SEQUOIA CAPITAL U.S. GROWTH VII PRINCIPALS FUND, L.P.
[Intentionally omitted.]

	
	SEQUOIA CAPITAL GLOBAL GROWTH FUND III – ENDURANCE PARTNERS, L.P.
[Intentionally omitted.]

	
	SEQUOIA CAPITAL GROWTH FUND III, L.P.
[Intentionally omitted.]

	
	SEQUOIA CAPITAL U.S. GROWTH FUND VI, L.P.
[Intentionally omitted.]

	
	SEQUOIA CAPITAL U.S. GROWTH VI PRINCIPALS FUND, L.P.
[Intentionally omitted.]

	
	MERITECH CAPITAL PARTNERS VI L.P.
[Intentionally omitted.]

	
	MERITECH CAPITAL AFFILIATES VI L.P.
[Intentionally omitted.]

	
	MERITECH CAPITAL ENTREPRENEURS VI L.P.
[Intentionally omitted.]

	
	ICONIQ STRATEGIC PARTNERS III, L.P.
[Intentionally Omitted.]

	
	ICONIQ STRATEGIC PARTNERS III-B, L.P.
[Intentionally Omitted.]

	
	ICONIQ STRATEGIC PARTNERS III CO-INVEST, L.P., SERIES SF
[Intentionally Omitted.]

	
	ICONIQ STRATEGIC PARTNERS IV, L.P.
[Intentionally Omitted.]

	
	ICONIQ STRATEGIC PARTNERS IV-B, L.P.
[Intentionally Omitted.]

	
	MADRONA VENTURE FUND VI, LP
[Intentionally Omitted.]

	
	MADRONA VENTURE FUND VI-A, LP
[Intentionally Omitted.]

	
	ALTIMETER PARTNERS FUND, L.P.
[Intentionally Omitted.]

	
	ALTIMETER PRIVATE PARTNERS FUND I, L.P.
[Intentionally Omitted.]

	
	ALTIMETER PRIVATE PARTNERS FUND II, L.P.
[Intentionally Omitted.]

	
	ALTIMETER GROWTH PARTNERS FUND III, L.P.
[Intentionally Omitted.]

	

SCHEDULE OF INVESTORS

			
	ALTIMETER GROWTH SIERRA FUND, L.P.
[Intentionally Omitted.]

	
	ALTIMETER GROWTH PARTNERS FUND IV, L.P.
[Intentionally Omitted.]

	
	REDPOINT VENTURES V, L.P.
[Intentionally Omitted.]

	
	REDPOINT ASSOCIATES V, LLC
[Intentionally Omitted.]

	
	REDPOINT OMEGA III, LP
[Intentionally Omitted.]

	
	REDPOINT OMEGA ASSOCIATES III, LLC
[Intentionally Omitted.]

	
	REDPOINT VENTURES IV, L.P.
[Intentionally Omitted.]

	
	REDPOINT ASSOCIATES IV, L.L.C.
[Intentionally Omitted.]

	
	SUTTER HILL VENTURES, A CALIFORNIA LIMITED PARTNERSHIP
[Intentionally Omitted.]

	
	ANDREW T. SHEEHAN AND NICOLE J. SHEEHAN AS TRUSTEES OF
SHEEHAN 2003 TRUST
[Intentionally Omitted.]

	
	ANVEST, L.P.
[Intentionally Omitted.]

	
	BARBARA NISS, TRUSTEE
BARBARA NISS 2013 REVOCABLE TRUST DATED DECEMBER 18, 2013
[Intentionally Omitted.]

	
	CHATTER PEAK PARTNERS, L.P.
[Intentionally Omitted.]

	
	DAVID E. SWEET AND ROBIN T. SWEET, AS TRUSTEES OF
THE DAVID AND ROBIN SWEET LIVING TRUST, DATED 7/6/04
[Intentionally Omitted.]

	
	DOUGLAS T. MOHR AND BETH Z. MOHR, CO-TRUSTEES OF
THE MOHR FAMILY TRUST U/A/D 2/17/15
[Intentionally Omitted.]

	
	DOUGLAS T. MOHR, TRUSTEE OF THE DOUGLAS T. MOHR REVOCABLE TRUST DATED OCTOBER 5, 2018
[Intentionally Omitted.]

	
	G. LEONARD BAKER, JR. AND MARY ANNE BAKER, CO-TRUSTEES OF
THE BAKER REVOCABLE TRUST, U/A/D 2/3/03
[Intentionally Omitted.]

	
	JAMES C. GAITHER, TRUSTEE OF
THE GAITHER REVOCABLE TRUST U/A/D 9/28/2000
[Intentionally Omitted.]

	
	JAMES N. WHITE, TRUSTEE
SIERRA TRUST U/A/D 12/16/1997
[Intentionally Omitted.]

	
	JAMES N. WHITE AND PATRICIA O’BRIEN, CO-TRUSTEES OF
THE WHITE REVOCABLE TRUST U/A/D 4/3/97
[Intentionally Omitted.]

	

SCHEDULE OF INVESTORS

			
	JEFFREY W. BIRD AND CHRISTINA R. BIRD, CO-TRUSTEES OF
JEFFREY W. AND CHRISTINA R.  BIRD TRUST U/A/D 10/31/00
[Intentionally Omitted.]

	
	MICHAEL I. NAAR AND DIANE J. NAAR AS TRUSTEES OF
NAAR FAMILY TRUST U/A/D 12/22/94
[Intentionally Omitted.]

	
	MICHAEL L. SPEISER AND MARY ELIZABETH SPEISER, CO-TRUSTEES OF
SPEISER TRUST U/A/D 7/19/06
[Intentionally Omitted.]

	
	NESTEGG HOLDINGS, LP
[Intentionally Omitted.]

	
	PATRICK ANDREW CHEN AND YU-YING CHIU CHEN AS TRUSTEES OF
PATRICK AND YING CHEN 2001 LIVING TRUST DATED 3/17/01
[Intentionally Omitted.]

	
	ROOSTER PARTNERS, LP
[Intentionally Omitted.]

	
	ROOSTER PARTNERS, LP – FUND NO. 2
[Intentionally Omitted.]

	
	ROSETIME PARTNERS L.P.
[Intentionally Omitted.]

	
	SAMUEL J. PULLARA III AND LUCIA CHOI PULLARA, CO-TRUSTEES OF
THE PULLARA REVOCABLE TRUST U/A/D 8/21/2013
[Intentionally Omitted.]

	
	SAMUEL J. PULLARA III AND LUCIA CHOI PULLARA, CO-TRUSTEES OF
THE PULLARA 2019 CHILDREN’S TRUST U/A/D 10/21/2019
[Intentionally Omitted.]

	
	SAUNDERS HOLDINGS, L.P.
[Intentionally Omitted.]

	
	STARFISH HOLDINGS, LP
[Intentionally Omitted.]

	
	STEFAN A. DYCKERHOFF AND WENDY G. DYCKERHOFF-JANSSEN, OR THEIR SUCCESSOR(S) AS TRUSTEES UNDER THE DYCKERHOFF 2001 REVOCABLE TRUST AGREEMENT DATED AUGUST 30, 2001
[Intentionally Omitted.]

	
	TALLACK PARTNERS, L.P.
[Intentionally Omitted.]

	
	TENCH COXE AND SIMONE OTUS COXE, CO-TRUSTEES OF
THE COXE REVOCABLE TRUST U/A/D 4/23/98
[Intentionally Omitted.]

	
	THE ALEKSANDR DAVID OTUS 2015 IRREVOCABLE TRUST
[Intentionally Omitted.]

	
	THE ALEYNA ELIZABETH LACROIX 2015 IRREVOCABLE TRUST
[Intentionally Omitted.]

	
	THE FRANCES HELEN CANINE 2015 IRREVOCABLE TRUST
[Intentionally Omitted.]

	
	THE FRANCESCO BERKE OTUS 2015 IRREVOCABLE TRUST
[Intentionally Omitted.]

	
	THE HELOISE KALLA OTUS 2015 IRREVOCABLE TRUST
[Intentionally Omitted.]

	

SCHEDULE OF INVESTORS

			
	THE JOSEPH DAVID LACROIX 2015 IRREVOCABLE TRUST
[Intentionally Omitted.]

	
	THE WILL COXE CANINE 2015 IRREVOCABLE TRUST
[Intentionally Omitted.]

	
	PATRICIA TOM, TRUSTEE OF PATRICIA TOM LIVING TRUST DATED APRIL 15, 2019
[Intentionally Omitted.]

	
	WILLIAM H. YOUNGER, JR. TRUSTEE OF
THE WILLIAM H. YOUNGER, JR. REVOCABLE TRUST U/A/D 8/5/2009
[Intentionally Omitted.]

	
	YOVEST, L.P.
[Intentionally Omitted.]

	
	BRADLEY LUTON
[Intentionally Omitted.]

	
	BRENT E. WELLING AND NANCY A. WELLING
[Intentionally Omitted.]

	
	JANICE PEGI MORGAN
[Intentionally Omitted.]

	
	STEPHEN CRAWFORD SMART
[Intentionally Omitted.]

	
	SUITEVEST, LP
[Intentionally Omitted.]

	
	THE 2018 FRANKLIN S. BIRD TRUST
[Intentionally Omitted.]

	
	THE 2018 JOHN W. BIRD TRUST
[Intentionally Omitted.]

	
	THE 2018 PETER R. BIRD TRUST
[Intentionally Omitted.]

	
	THE BIRD 2011 IRREVOCABLE CHILDREN’S TRUST
[Intentionally Omitted.]

	
	THE ALEXANDER JACKSON SHEEHAN 2019 IRREVOCABLE TRUST
[Intentionally Omitted.]

	
	THE JULIAN BLAINE COVINGTON SHEEHAN 2019 IRREVOCABLE TRUST
[Intentionally Omitted.]

	
	THE JUSTIN HUNTINGTON PETERS 2019 IRREVOCABLE TRUST
[Intentionally Omitted.]

	
	THE LAYNE ANDREWS TAFT SHEEHAN 2019 IRREVOCABLE TRUST
[Intentionally Omitted.]

	
	THE COXE 2006 IRREVOCABLE CHILDREN’S TRUST F/B/O EZEKIEL OTUS COXE
[Intentionally Omitted.]

	
	THE COXE 2006 IRREVOCABLE CHILDREN’S TRUST F/B/O ISABEL MARBURY COXE
[Intentionally Omitted.]

	
	THE COXE 2006 IRREVOCABLE CHILDREN’S TRUST F/B/O TENCH MAHMUT COXE
[Intentionally Omitted.]

	
	THE EMERALD EXEMPT TRUST
[Intentionally Omitted.]

	
	THE OPAL EXEMPT TRUST
[Intentionally Omitted.]

	

SCHEDULE OF INVESTORS

			
	THE SAPPHIRE EXEMPT TRUST
[Intentionally Omitted.]

	
	THE TOPAZ EXEMPT TRUST
[Intentionally Omitted.]

	
	THE WHITE 2011 IRREVOCABLE CHILDREN’S TRUST
[Intentionally Omitted.]

	
	THE YOUNGER 2006 IRREVOCABLE CHILDREN’S TRUST F/B/O JULIE Y. ALEMAN
[Intentionally Omitted.]

	
	THE YOUNGER 2006 IRREVOCABLE CHILDREN’S TRUST F/B/O KELLY L. YOUNGER
[Intentionally Omitted.]

	
	THE YOUNGER 2006 IRREVOCABLE CHILDREN’S TRUST F/B/O MARK W. YOUNGER
[Intentionally Omitted.]

	
	BETH Z. MOHR, TRUSTEE OF BETH Z. MOHR TRUST DATED 1/23/2019
[Intentionally Omitted.]

	
	CHRISTOPHER J. BASSO AND JULIE BASSO, TRUSTEES OF 
CHRISTOPHER AND JULIE BASSO REVOCABLE LIVING TRUST U/A/D 1/9/2015
[Intentionally Omitted.]

	
	WILLIAM E. BULL
[Intentionally Omitted.]

	
	DIVANNY ISSATIU LAMAS
[Intentionally Omitted.]

	
	BRIAN J. BLOND AND JUDY BLOND, TRUSTEES OF 
THE BLOND 2007 REVOCABLE TRUST DATED JULY 10, 2007
[Intentionally Omitted.]

	
	ROBERT YIN AND LILY YIN AS TRUSTEES OF YIN FAMILY TRUST 
DATED MARCH 1, 1997
[Intentionally Omitted.]

	
	DAVID A. WEIPER, TRUSTEE OF DAVID A. WEIPER TRUST
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
BARBARA NISS IRA
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
BARBARA NISS ROTH IRA
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
DAVID E. SWEET ROTH IRA
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
DIANE J. NAAR ROTH IRA
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
JAMES N. WHITE ROTH IRA
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
TENCH COXE ROTH IRA
[Intentionally Omitted.]

	

SCHEDULE OF INVESTORS

			
	WELLS FARGO BANK, N.A., CUSTODIAN FOR
ANDREW T. SHEEHAN ROTH IRA
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A., CUSTODIAN FOR
YU-YING CHEN ROTH IRA
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO ANDREW T. SHEEHAN
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO BARBARA NISS
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO DAVID E. SWEET (ROLLOVER)
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO DIANE J. NAAR
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
MICHAEL SPEISER ROTH IRA
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO PATRICIA TOM (ROLLOVER)
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO ROBERT YIN
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO YU-YING CHEN
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO JAMES N. WHITE
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
ANDREW T. SHEEHAN ROTH IRA
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO ANDREW T. SHEEHAN (ROLLOVER)
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
STEFAN A. DYCKERHOFF ROTH IRA
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
YU-YING CHEN ROTH IRA
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO YU-YING CHEN (ROLLOVER)
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
G. LEONARD BAKER, JR. ROTH IRA
[Intentionally Omitted.]

	

SCHEDULE OF INVESTORS

			
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO CHRISTOPHER J. BASSO
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO DIVANNY ISSATIU LAMAS
[Intentionally Omitted.]

	
	WELLS FARGO BANK, N.A. FBO
SHV PROFIT SHARING PLAN FBO PATRICIA TOM (POST)
[Intentionally Omitted.]

	
	ALAMEDA ALPHA, LLC
[Intentionally Omitted.]

	
	DELREY TECHNOLOGY INVESTORS, G.P.
[Intentionally Omitted.]

	
	H. BARTON CO-INVEST FUND II, LLC
[Intentionally Omitted.]

	
	HBAM SF, LLC
[Intentionally Omitted.]

	
	HILARY HAUSMAN
[Intentionally Omitted.]

	
	KENNETH L. HAUSMAN
[Intentionally Omitted.]

	
	SAM HAUSMAN
[Intentionally Omitted.]

	
	SARAH HAUSMAN
[Intentionally Omitted.]

	
	GC&H INVESTMENTS
[Intentionally Omitted.]

	
	GC&H INVESTMENTS, LLC
[Intentionally Omitted.]

	
	JOHN MCMAHON
[Intentionally Omitted.]

	
	JOHN MCMAHON, TRUSTEE
JOHN MCMAHON 1995 FAMILY TRUST
[Intentionally Omitted.]

	
	THE JOHN MCMAHON SOFTWARE IRREVOCABLE TRUST
[Intentionally Omitted.]

	
	ROBERT MUGLIA
[Intentionally Omitted.]

	
	THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY 
(DAPER I)
[Intentionally Omitted.]

	
	THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY (SBST)
[Intentionally Omitted.]

	
	OAKSTONE VENTURES, INC.
[Intentionally Omitted.]

	
	TCM I, L.P.
[Intentionally Omitted.]

	

SCHEDULE OF INVESTORS

			
	GARRETT FAMILY INVESTMENT PARTNERSHIP, L.P.
[Intentionally Omitted.]

	
	AME CLOUD VENTURES FUND I LLC 
[Intentionally Omitted.]

	
	MICHAEL P. SCARPELLI 2019 GRANTOR RETAINED ANNUITY TRUST
[Intentionally Omitted.]

	
	SCARPELLI FAMILY TRUST
[Intentionally Omitted.]

	
	MICHAEL P. SCARPELLI
[Intentionally Omitted.]

	
	SANDS CAPITAL GLOBAL INNOVATION FUND, LLC
[Intentionally Omitted.]

SCHEDULE OF INVESTORS

SCHEDULE OF TENDER OFFER HOLDERS
			
	COATUE US 19 LLC
[Intentionally Omitted.]

	
	SANDS CAPITAL GLOBAL INNOVATION FUND, LLC
[Intentionally Omitted.]

	
	SANDS CAPITAL GLOBAL INNOVATION FUND-SNW, L.P.
[Intentionally Omitted.]

	
	TIGER GLOBAL PIP 11 HOLDINGS-2 LLC
[Intentionally Omitted.]

	
	LONE CYPRESS, LTD.
[Intentionally Omitted.]

	
	LONE MONTEREY MASTER FUND, LTD.
[Intentionally Omitted.]

	
	LONE SPRUCE, L.P.
[Intentionally Omitted.]

	
	LONE SIERRA, L.P.
[Intentionally Omitted.]

	
	LONE CASCADE, L.P.
[Intentionally Omitted.]

	
	THE NEW ECONOMY FUND
[Intentionally Omitted.]

	
	CAPITAL GROUP NEW ECONOMY TRUST (US)
[Intentionally Omitted.]

	
	DURABLE CAPITAL MASTER FUND LP
[Intentionally Omitted.]

	
	D1 CAPITAL PARTNERS MASTER LP
[Intentionally Omitted.]

	
	CPP INVESTMENT BOARD PMI-1 INC.
[Intentionally Omitted.]

	
	ONSET INVESTMENT PTE. LTD.
[Intentionally Omitted.]

	
	SCGE FUND, L.P., A CAYMAN ISLANDS LIMITED PARTNERSHIP
[Intentionally Omitted.]

	
	ARANDA INVESTMENTS PTE. LTD.
[Intentionally Omitted.]

	
	FIDELITY MT. VERNON STREET TRUST: FIDELITY SERIES GROWTH COMPANY FUND
[Intentionally Omitted.]

	
	FIDELITY MT. VERNON STREET TRUST: FIDELITY GROWTH COMPANY FUND
[Intentionally Omitted.]

	
	FIDELITY GROWTH COMPANY COMMINGLED POOL BY: FIDELITY MANAGEMENT TRUST COMPANY, AS TRUSTEE
[Intentionally Omitted.]

	
	FIDELITY MT. VERNON STREET TRUST : FIDELITY GROWTH COMPANY K6 FUND
[Intentionally Omitted.]

	
	FIDELITY SECURITIES FUND: FIDELITY BLUE CHIP GROWTH FUND
[Intentionally Omitted.]

	

SCHEDULE OF TENDER OFFER HOLDERS

			
	FIDELITY BLUE CHIP GROWTH COMMINGLED POOL BY: FIDELITY MANAGEMENT TRUST COMPANY, AS TRUSTEE
[Intentionally Omitted.]

	
	FIDELITY SECURITIES FUND: FIDELITY FLEX LARGE CAP GROWTH FUND
[Intentionally Omitted.]

	
	FIDELITY SECURITIES FUND: FIDELITY BLUE CHIP GROWTH K6 FUND
[Intentionally Omitted.]

	
	FIDELITY BLUE CHIP GROWTH INSTITUTIONAL TRUST BY ITS MANAGER FIDELITY INVESTMENTS CANADA ULC
[Intentionally Omitted.]

	
	FIDELITY SECURITIES FUND: FIDELITY SERIES BLUE CHIP GROWTH FUND
[Intentionally Omitted.]

	
	FIAM TARGET DATE BLUE CHIP GROWTH COMMINGLED POOL BY: FIDELITY INSTITUTIONAL ASSET MANAGEMENT TRUST COMPANY AS TRUSTEE
[Intentionally Omitted.]

	
	VARIABLE INSURANCE PRODUCTS FUND III: GROWTH OPPORTUNITIES PORTFOLIO
[Intentionally Omitted.]

	
	FIDELITY ADVISOR SERIES I: FIDELITY ADVISOR GROWTH OPPORTUNITIES FUND
[Intentionally Omitted.]

	
	FIDELITY ADVISOR SERIES I: FIDELITY ADVISOR SERIES GROWTH OPPORTUNITIES FUND
[Intentionally Omitted.]

	
	FIDELITY ADVISOR SERIES VII: FIDELITY ADVISOR TECHNOLOGY FUND
[Intentionally Omitted.]

	
	FIDELITY SELECT PORTFOLIOS: TECHNOLOGY PORTFOLIO
[Intentionally Omitted.]

	
	VARIABLE INSURANCE PRODUCTS FUND IV: TECHNOLOGY PORTFOLIO
[Intentionally Omitted.]

	
	FIDELITY CONTRAFUND: FIDELITY CONTRAFUND
[Intentionally Omitted.]

	
	FIDELITY CONTRAFUND COMMINGLED POOL BY: FIDELITY MANAGEMENT TRUST COMPANY, AS TRUSTEE
[Intentionally Omitted.]

	
	FIDELITY CONTRAFUND: FIDELITY CONTRAFUND K6
[Intentionally Omitted.]

	
	FIDELITY CONTRAFUND: FIDELITY ADVISOR NEW INSIGHTS FUND - SUB A
[Intentionally Omitted.]

	
	FIDELITY INSIGHTS INVESTMENT TRUST BY ITS MANAGER FIDELITY INVESTMENTS CANADA ULC
[Intentionally Omitted.]

	
	FIDELITY CONTRAFUND: FIDELITY FLEX OPPORTUNISTIC INSIGHTS FUND
[Intentionally Omitted.]

	
	FIDELITY CONTRAFUND: FIDELITY SERIES OPPORTUNISTIC INSIGHTS FUND
[Intentionally Omitted.]

	
	VARIABLE INSURANCE PRODUCTS FUND II: CONTRAFUND PORTFOLIO
[Intentionally Omitted.]

	
	VARIABLE INSURANCE PRODUCTS FUND III: BALANCED PORTFOLIO
[Intentionally Omitted.]

	

SCHEDULE OF TENDER OFFER HOLDERS

			
	FIDELITY PURITAN TRUST: FIDELITY BALANCED FUND
[Intentionally Omitted.]

	
	FIDELITY ADVISOR SERIES I: FIDELITY ADVISOR BALANCED FUND
[Intentionally Omitted.]

	
	FIDELITY PURITAN TRUST: FIDELITY BALANCED K6 FUND
[Intentionally Omitted.]

	
	SCOTTISH MORTGAGE INVESTMENT TRUST PLC
[Intentionally Omitted.]

	
	BAILLIE GIFFORD US GROWTH TRUST PLC
[Intentionally Omitted.]

	
	PORT-AUX-CHOIX PRIVATE INVESTMENTS INC.
[Intentionally Omitted.]

	
	GFNCI LLC
[Intentionally Omitted.]

	
	BSOF PARALLEL MASTER FUND L.P.
[Intentionally Omitted.]

	
	BLACKSTONE GLOBAL MASTER FUND ICAV, ACTING SOLELY FOR AND ON BEHALF OF ITS SUBFUND,
BLACKSTONE AQUA MASTER SUB-FUND
[Intentionally Omitted.]

	
	T. ROWE PRICE INSTITUTIONAL LARGE-CAP GROWTH FUND
[Intentionally Omitted.]

	
	PRINCIPAL FUNDS, INC. - LARGECAP GROWTH FUND I
[Intentionally Omitted.]

	
	PRINCIPAL VARIABLE CONTRACTS FUNDS, INC. – LARGECAP GROWTH ACCOUNT I
[Intentionally Omitted.]

	
	T. ROWE PRICE U.S. EQUITIES TRUST
[Intentionally Omitted.]

	
	THE KP FUNDS - KP LARGE CAP EQUITY FUND
[Intentionally Omitted.]

	
	PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY
[Intentionally Omitted.]

	
	T. ROWE PRICE LARGE-CAP GROWTH TRUST
[Intentionally Omitted.]

	
	T. ROWE PRICE LARGE-CAP GROWTH TRUST I
[Intentionally Omitted.]

	
	T. ROWE PRICE GROWTH STOCK FUND, INC.
[Intentionally Omitted.]

	
	SEASONS SERIES TRUST - SA T. ROWE PRICE GROWTH STOCK PORTFOLIO
[Intentionally Omitted.]

	
	VOYA PARTNERS, INC. - VY T. ROWE PRICE GROWTH EQUITY PORTFOLIO
[Intentionally Omitted.]

	
	BRIGHTHOUSE FUNDS TRUST II - T. ROWE PRICE LARGE CAP GROWTH PORTFOLIO
[Intentionally Omitted.]

	
	LINCOLN VARIABLE INSURANCE PRODUCTS TRUST - LVIP T. ROWE PRICE GROWTH STOCK FUND
[Intentionally Omitted.]

	

SCHEDULE OF TENDER OFFER HOLDERS

			
	PENN SERIES FUNDS, INC. - LARGE GROWTH STOCK FUND
[Intentionally Omitted.]

	
	T. ROWE PRICE GROWTH STOCK TRUST
[Intentionally Omitted.]

	
	BRINKER CAPITAL DESTINATIONS TRUST - DESTINATIONS LARGE CAP EQUITY FUND
[Intentionally Omitted.]

	
	MASSMUTUAL SELECT FUNDS - MASSMUTUAL SELECT T. ROWE PRICE LARGE CAP BLEND FUND
[Intentionally Omitted.]

	
	T. ROWE PRICE GLOBAL TECHNOLOGY FUND, INC.
[Intentionally Omitted.]

	
	TD MUTUAL FUNDS – TD SCIENCE & TECHNOLOGY FUND
[Intentionally Omitted.]

	
	T. ROWE PRICE COMMUNICATIONS & TECHNOLOGY FUND, INC.
[Intentionally Omitted.]

	
	TD MUTUAL FUNDS – TD GLOBAL ENTERTAINMENT & COMMUNICATIONS FUND
[Intentionally Omitted.]

SCHEDULE OF TENDER OFFER HOLDERS

TABLE OF CONTENTS
									
	SECTION 1.	GENERAL	1
	1.1	Amendment and Restatement of Prior Agreement	1
	1.2	Definitions	2
	SECTION 2.	REGISTRATION; RESTRICTIONS ON TRANSFER	3
	2.1	Restrictions on Transfer	3
	2.2	Demand Registration	5
	2.3	Piggyback Registrations	6
	2.1	Form S-3 Registration	7
	2.5	Expenses of Registration	8
	2.6	Obligations of the Company	9
	2.7	Delay of Registration; Furnishing Information	10
	2.8	Indemnification	11
	2.9	Assignment of Registration Rights	13
	2.10	Limitation on Subsequent Registration Rights	13
	2.11	Market Stand-Off” Agreement	13
	2.12	Agreement to Furnish Information	13
	2.13	Rule 144 Reporting	14
	2.14	Termination of Registration Rights	14
	SECTION 3.	COVENANTS OF THE COMPANY	14
	3.1	Basic Financial Information and Reporting	14
	3.2	Inspection Rights	15
	3.3	Confidentiality of Records	15
	3.4	Reservation of Common Stock	15
	3.5	Proprietary Information and Inventions Agreement	16
	3.6	Assignment of Right of First Refusal	16
	3.7	FCPA	16
	3.8	Termination of Covenants	16
	SECTION 4.	RIGHTS OF FIRST REFUSAL	17
	4.1	Subsequent Offerings	17
	4.2	Exercise of Rights	17
	4.3	Issuance of Equity Securities to Other Persons	17
	4.4	Sale Without Notice	17
	4.5	Termination and Waiver of Rights of First Refusal 	18
	4.6	Assignment of Rights of First Refusal	18
	4.7	Excluded Securities	18
	SECTION 5.	MISCELLANEOUS	19
	5.1	Governing Law	19
	5.2	Successors and Assigns 	19
	5.3	Entire Agreement	19
	5.4	Severability	19
	5.5	Amendment and Waiver	19
	5.6	Delays or Omissions	20
	5.7	Notices	20
	5.8	Attorneys’ Fees	20
	5.9	Titles and Subtitles	20
	5.10	Additional Investors	20

									
	5.11	Counterparts	21
	5.12	Aggregation of Stock	21
	5.13	Pronouns	21
	5.14	Termination	21
	5.15	Waiver of Rights of First Refusal under the Prior Agreement	21

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