Document:

EX-10.23

 Exhibit 10.23 

OFFER LETTER 
 Hippo
Analytics Inc. 
 Aviad Pinkovezky 
  

	 	Re:	 Employment Agreement 

Dear Aviad 
 On behalf of Hippo Analytics Inc.
(the “Company”), I am pleased to offer you employment in the position of Head of Products, reporting to CEO. This letter sets out the terms of your employment with the Company, which will start on January 10th, 2016. 

You will be paid a starting base salary of US$150,000 per year, paid monthly, less applicable tax and other withholdings. This position is an
exempt position, which means you are paid for the job and not by the hour. Accordingly, you will not receive overtime pay if you work more than 8 hours in a workday or 40 hours in a workweek. 

You will also be eligible to participate in various Company fringe benefit plans, including group health insurance, which its set up, and
vacation programs, in accordance with the Company’s benefit plan requirements. You will also be eligible to participate in any incentive compensation plan that may be established by the Company during your employment. The Company reserves the
right to change or otherwise modify, in its sole discretion, the benefits offered to employees to conform to the Company’s general policies as they may be changed from time to time. 

Subject to the approval of the board of directors of the Company, and compliance with all applicable laws, you shall be eligible to receive a
total of 20 options to purchase Common Stock of the Company, par Common Stock $ 0.01 each (the “Options”). Such Options shall be subject to a vesting schedule as follows: 25% of the Options shall vest upon the first anniversary, as of the
Commencement Date, and the rest of the Options shell vest on a monthly basis, until the fourth anniversary, on which date, subject to the vesting conditions, all remaining unvested Options shall vest. The Options shall be subject to the terms of the
Company’s Option Plan, an option agreement to be executed by and between you and the Company. Vesting of the Options shall be subject to a 100% acceleration of unvested Options if both (i) control of the Company is transferred in a
transaction for cash or liquid securities, and (ii) your employment is constructively terminated or terminated without cause within 12 months thereafter. You acknowledge that you will be required to execute additional documents in compliance
with the applicable tax laws, any other applicable law and the Company’s internal policies. 
 Your employment with the Company is
“at will.” This means it is for no specified term and may be terminated by you or the Company at any time, with or without cause or advance notice. In addition, the Company reserves the right to modify your compensation, position, duties
or reporting relationship to meet business needs and to decide on appropriate discipline. 
 As a condition of your employment, you will be
required to sign the Company’s standard form of employee nondisclosure and assignment agreement (a copy of which is enclosed), and to provide the Company with documents establishing your identity and right to work in the United States. Those
documents must be provided to the Company within three business days of your employment start date. 

 In the event of any dispute or claim relating to or arising out of your employment
relationship with the Company, this agreement, or the termination of your employment with the Company for any reason (including, but not limited to, any claims of breach of contract, defamation, wrongful termination or age, sex, sexual orientation,
race, color, national origin, ancestry, marital status, religious creed, physical or mental disability or medical condition or other discrimination, retaliation or harassment), you and the Company agree that all such disputes shall be fully resolved
by confidential, binding arbitration conducted by a single arbitrator, agreed by the parties. You and the Company hereby waive your respective rights to have any such disputes or claims tried before a judge or jury. 

Please note that because of employer regulations adopted in the Immigration Reform and Control Act of 1986, within three (3) business
days of starting your new position you will need to present documentation demonstrating that you have authorization to work in the United States. If you have questions about this requirement, which applies to U.S. citizens and non-U.S. citizens alike, you may contact our personnel office. Please bring the appropriate documents when you report for work. We will not be able to employ you if you fail to comply with this requirement. 

This agreement and the non-disclosure and the option agreement referred to above constitute the entire
agreement between you and the Company regarding the terms and conditions of your employment, and they supersede all prior or contemporaneous negotiations, representations or agreements between you and the Company. The provisions of this agreement
regarding “at will” employment and arbitration may only be modified by a document signed by you and an authorized representative of the Company. 

This offer will remain open until December 15th, 2016. If you decide to accept our offer,
and I hope you will, please sign the enclosed copy of this letter in the space indicated and return it to me. Your signature will acknowledge that you have read and understood and agreed to the terms and conditions of this offer letter and the
attached documents, if any. Should you have anything else that you wish to discuss, please do not hesitate to call me. 
  

			
	Sincerely,
	
	HIPPO ANALYTICS INC.
		
	By	 	 /s/ Assaf Wand

		 	Assaf Wand
		 	CEO

 I agree to and accept employment with Hippo Analytics Inc. on the terms and conditions set forth in this
agreement. I understand and agree that my employment with the Company is at-will. 
  

							
	Date: [12/09/2015]	 		 	 

      
	 	 /s/ Aviad Pinkovezky

		 		 		 	Aviad Pinkovezky

 EMPLOYEE NONDISCLOSURE, ASSIGNMENT AND
NON-SOLICITATION AGREEMENT 

 

 This Agreement sets forth in writing certain understandings and procedures in effect as of the
date of my initial employment with Hippo Analytics Inc. (“Company”). 
 1. Duties. In return for the compensation now and
hereafter paid to me, I will perform such duties for Company as the Company may designate from time to time. During my employment with Company, I will devote my best efforts to the interests of Company, will not engage in other employment or in any
conduct in direct conflict with Company’s interests that would cause a material and substantial disruption to Company and will otherwise abide by all of Company’s policies and procedures. Furthermore, I will not (a) reveal, disclose
or otherwise make available to any unauthorized person any Company password or key, whether or not the password or key is assigned to me or (b) obtain, possess or use in any manner a Company password or key that is not assigned to me. I will
use my best efforts to prevent the unauthorized use of any laptop or personal computer, peripheral device, software or related technical documentation that the Company issues to me, and I will not input, load or otherwise attempt any unauthorized
use of software in any Company computer, whether or not such computer is assigned to me. 
 2. “Proprietary Information”
Definition. “Proprietary Information” includes (a) any information that is confidential or proprietary, technical or non-technical information of Company, including for example and without
limitation, information related to Company Innovations (as defined in Section 4 below), concepts, techniques, processes, methods, systems, designs, computer programs, source documentation, trade secrets, formulas, development or experimental
work, work in progress, forecasts, proposed and future products, marketing plans, business plans, customers and suppliers and any other nonpublic information that has commercial value or (b) any

 information Company has received from others that Company is obligated to treat as confidential or proprietary,
which may be made known to me by Company, a third party or otherwise that I may learn during my employment with Company. 
 3.
Ownership and Nondisclosure of Proprietary Information. All Proprietary Information and all worldwide: patents (including, but not limited to, any and all patent applications, patents, continuations, continuation-in-parts, reissues, divisionals, substitutions, and extensions), copyrights, mask works, trade secrets and other worldwide rights in and to the Proprietary Information are the property of
Company, Company’s assigns, Company’s customers and Company’s suppliers, as applicable. I will not disclose any Proprietary Information to anyone outside Company, and I will use and disclose Proprietary Information to those inside
Company only as necessary to perform my duties as an employee of Company. If I have any questions as to whether information is Proprietary Information, or to whom, if anyone, inside Company, any Proprietary Information may be disclosed, I will ask
my manager at Company 
 4. “Innovations” Definition. In this Agreement, “Innovations” means all discoveries,
designs, developments, improvements, inventions (whether or not protectable under patent laws), works of authorship, information fixed in any tangible medium of expression (whether or not protectable under copyright laws), trade secrets, know-how, ideas (whether or not protectable under trade secret laws), mask works, trademarks, service marks, trade names and trade dress. 

5. Disclosure and License of Prior Innovations. I have listed on Exhibit A (“Prior Innovations”) attached hereto all
Innovations relating in any way to Company’s business or demonstrably anticipated research and 

 

  
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development or business, which were conceived, reduced to practice, created, derived, developed, or made by me prior to my employment with Company (collectively, the “Prior
Innovations”). I represent that I have no rights in any such Company-related Innovations other than those Innovations listed in Exhibit A (“Prior Innovations”). If nothing is listed on Exhibit A (“Prior
Innovations”), I represent that there are no Prior Innovations at the time of signing this Agreement. I hereby grant to Company and Company’s designees a royalty-free, irrevocable, worldwide, fully
paid-up license (with rights to sublicense through multiple tiers of sublicensees) to practice all patent, copyright, moral right, mask work, trade secret and other intellectual property rights relating to any
Prior Innovations that I incorporate, or permit to be incorporated, in any Innovations that I, solely or jointly with others, conceive, develop or reduce to practice within the scope of my employment with Company (the “Company
Innovations”). Notwithstanding the foregoing, I will not incorporate, or permit to be incorporated, any Prior Innovations in any Company Innovations without Company’s prior written consent. 

6. Disclosure and Assignment of Company Innovations. I will promptly disclose and describe to Company all Company Innovations. I
hereby do and will assign to Company or Company’s designee all my right, title, and interest in and to any and all Company Innovations. To the extent any of the rights, title and interest in and to Company Innovations cannot be assigned by me
to Company, I hereby grant to Company an exclusive, royalty-free, transferable, irrevocable, worldwide license (with rights to sublicense through multiple tiers of sublicensees) to practice such non-assignable
rights, title and interest, including, but not limited to, the right to make, use, sell, offer for sale, import, have made, and have sold, such Company Innovations. To the extent any of the rights, title and interest in and to Company Innovations
can neither be assigned nor licensed by me to Company, I hereby irrevocably waive and agree never to assert such non-assignable and non-licensable rights, title and
interest against Company, any of Company’s successors in interest, or any of Company’s customers.

 
This Section 6 shall not apply to any Innovations that (a) do not relate, at the time of conception, reduction to practice, creation, derivation, development or making of such
Innovation to Company’s business or actual or demonstrably anticipated research, development or business; and (b) were developed entirely on my own time; and (c) were developed without use of any of Company’s equipment, supplies,
facilities or trade secret information; and (d) did not result from any work I performed for Company. 
 7. Future
Innovations. I will disclose promptly in writing to Company all Innovations conceived, reduced to practice, created, derived, developed, or made by me within the scope of my employment with the Company and for three (3) months thereafter,
whether or not I believe such Innovations are subject to this Agreement, to permit a determination by Company as to whether or not the Innovations should be considered Company Innovations. Company will receive any such information in confidence.

 8. Notice of Nonassignable Innovations to Employees in California. This Agreement does not apply to an Innovation that qualifies
fully as a nonassignable invention under the provisions of Section 2870 of the California Labor Code. I acknowledge that a condition for an Innovation to qualify fully as a non-assignable invention under
the provisions of Section 2870 of the California Labor Code is that the invention must be protected under patent laws. I have reviewed the notification in Exhibit B (“Limited Exclusion Notification”) and agree that my signature
acknowledges receipt of the notification. 
 9. Cooperation in Perfecting Rights to Company Innovations. I agree to perform, during
and after my employment, all acts that Company deems necessary or desirable to permit and assist Company, at its expense, in obtaining and enforcing the full benefits, enjoyment, rights and title throughout the world in the Company Innovations as
provided to Company under this Agreement. If Company is unable for any reason to secure my signature to any document required to file, prosecute,

 

  
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register or memorialize the assignment of any rights or application or to enforce any right under any Company Innovations as provided under this Agreement, I hereby irrevocably designate and
appoint Company and Company’s duly authorized officers and agents as my agents and attorneys-in-fact to act for and on my behalf and instead of me to take all
lawfully permitted acts to further the filing, prosecution, registration, memorialization of assignment, issuance, and enforcement of rights under such Innovations, all with the same legal force and effect as if executed by me. The foregoing is
deemed a power coupled with an interest and is irrevocable. 
 10. Return of Materials. At any time upon Company’s request,
and when my employment with Company is over, I will return all materials (including, without limitation, documents, drawings, papers, diskettes and tapes) containing or disclosing any Proprietary Information (including all copies thereof), as well
as any keys, pass cards, identification cards, computers, printers, pagers, personal digital assistants or similar items or devices that the Company has provided to me. I will provide Company with a written certification of my compliance with my
obligations under this Section. 
 11. No Violation of Rights of Third Parties. During my employment with Company, I will not
(a) breach any agreement to keep in confidence any confidential or proprietary information, knowledge or data acquired by me prior to my employment with Company or (b) disclose to Company, or use or induce Company to use, any confidential
or proprietary information or material belonging to any previous employer or any other third party. I am not currently a party, and will not become a party, to any other agreement that is in conflict, or will prevent me from complying, with this
Agreement. 
 12. Survival. This Agreement (a) shall survive my employment by Company; (b) does not in any way restrict my right to
resign or the right of Company to terminate my employment at any time, for any reason or for

 
no reason; (c) inures to the benefit of successors and assigns of Company; and (d) is binding upon my heirs and legal representatives. 

13. No Solicitation. During my employment with Company and for two (2) years thereafter, I will not solicit, encourage, or cause
others to solicit or encourage any employees of Company to terminate their employment with Company. 
 14. No Disparagement. During
my employment with Company and after the termination thereof, I will not disparage Company, its products, services, agents or employees. 

15. Injunctive Relief. I agree that if I violate this Agreement, Company will suffer irreparable and continuing damage for which
money damages are insufficient, and Company shall be entitled to injunctive relief and/or a decree for specific performance, and such other relief as may be proper (including money damages if appropriate), to the extent permitted by law. 

16. Notices. Any notice required or permitted by this Agreement shall be in writing and shall be delivered as follows, with notice
deemed given as indicated: (a) by personal delivery, when actually delivered; (b) by overnight courier, upon written verification of receipt; (c) by facsimile transmission, upon acknowledgment of receipt of electronic transmission; or
(d) by certified or registered mail, return receipt requested, upon verification of receipt. Notices to me shall be sent to any address in Company’s records or such other address as I may provide in writing. Notices to Company shall be
sent to Company’s Human Resources Department or to such other address as Company may specify in writing. 
 17. Governing Law;
Forum. This Agreement shall be governed by the laws of the United States of America and by the laws of the State of California, as such laws are applied to agreements entered into and to be performed entirely within California between California
residents. Company and I each irrevocably 

 

  
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consent to the exclusive personal jurisdiction of the federal and state courts located in California, as applicable, for any matter arising out of or relating to this Agreement, except that in
actions seeking to enforce any order or any judgment of such federal or state courts located in California, such personal jurisdiction shall be nonexclusive. Additionally, notwithstanding anything in the foregoing to the contrary, a claim for
equitable relief arising out of or related to this Agreement may be brought in any court of competent jurisdiction. 
 18.
Severability. If an arbitrator or court of law holds any provision of this Agreement to be illegal, invalid or unenforceable, (a) that provision shall be deemed amended to provide Company the maximum protection permitted by applicable
law and (b) the legality, validity and 

 
enforceability of the remaining provisions of this Agreement shall not be affected. 

19. Waiver; Modification. If Company waives any term, provision or breach by me of this Agreement, such waiver shall
not be effective unless it is in writing and signed by Company. No waiver shall constitute a waiver of any other or subsequent breach by me. This Agreement may be modified only if both Company and I consent in writing. 

20. Entire Agreement. This Agreement, including any agreement to arbitrate claims or disputes relating to my employment
that I may have signed in connection with my employment by Company, represents my entire understanding with Company with respect to the subject matter of this Agreement and supersedes all previous understandings, written or oral.

 

  
 I certify and acknowledge
that I have carefully read all of the provisions of this Agreement and that I understand and will fully and faithfully comply with such provisions. 
  

											
	“COMPANY”	 		 		 	EMPLOYEE:
				
	HIPPO ANALYTICS INC.	 		 		 	 /s/ Aviad Pinkovezky 

					
	By:	 	 Assaf Wand 
	 		 	    	 	 AVIAD PINKOVEZKY

					
	Title CEO	 		 		 		 	
				
	Dated: 12/09/2015	 		 		 	Dated: 12/09/2015

  
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 Exhibit A 

PRIOR INNOVATIONS 
 Check one of the following:

  

	☒	 NO SUCH PRIOR INNOVATIONS EXIST. 

 

	OR	 

  

	☐	 YES, SUCH PRIOR INNOVATIONS EXIST AS DESCRIBED BELOW (include basic description of each Prior Innovation):

 Exhibit B 

LIMITED EXCLUSION NOTIFICATION TO EMPLOYEES IN CALIFORNIA 

THIS IS TO NOTIFY you in accordance with Section 2872 of the California Labor Code that the foregoing Agreement between you and Company
does not require you to assign or offer to assign to Company any invention that you developed entirely on your own time without using Company’s equipment, supplies, facilities or trade secret information except for those inventions that either:

 (1) Relate at the time of conception or reduction to practice of the invention to Company’s business, or actual or demonstrably
anticipated research or development of Company; or 
 (2) Result from any work performed by you for Company. 

To the extent a provision in the foregoing Agreement purports to require you to assign an invention otherwise excluded from the preceding
Section, the provision is against the public policy of California and is unenforceable. 
 This limited exclusion does not apply to any
patent or invention covered by a contract between Company and the United States or any of its agencies requiring full title to such patent or invention to be in the United States. 

I ACKNOWLEDGE RECEIPT of a copy of this notification. 
  

							
	 HIPPO ANALYTICS INC.
  
	 		 	
	By:	 	 /s/ Assaf Wand
	 		 	 /s/ Aviad Pinkovezky

		 		 	        	 	AVIAD PINKOVEZKY
	 Title CEO
  
	 		 	
	Date 12/09/2015	 		 	Date: 12/09/2015EX-10.24

 Exhibit 10.24 

 
 

 
 OFFER LETTER 

October 14, 2020 
 Simon Fleming-Wood 

 

	Re:	 Offer of Employment 

Dear Simon, 
 I am pleased to offer you employment
on behalf of Hippo Analytics, Inc. (the “Company”). The terms of our offer are as follows: 
 1. Position; Start Date;
Location. You are being offered the position of Chief Marketing Officer reporting to Assaf Wand, Chief Executive Officer. This is an exempt position based in our Palo Alto office. Your anticipated start date will be October 26,
2020. 
 2. Starting Salary. Your starting base salary will be U.S. $350,000 per year, paid semi-monthly, and will be
subject to periodic review. You will receive your salary through the Company’s affiliate, Hippo Employee Services, Inc. (“HES”). 

3. Benefits. The Company, through HES, offers a full range of benefits for you and your qualified dependents as outlined
in the attached Summary of Benefits. In addition to receiving these benefits from HES, you may receive other benefits or employee-related items through HES. Your employer, however, for clarity remains the Company. An overview of our benefits program
will be given to you during your first week of employment. The Company reserves the right to change or otherwise modify, in its sole discretion, the policies of the Company, and the benefits offered to employees (through HES or otherwise), as they
may be changed from time to time. 
 4. Options. Subject to the approval of the board of directors of Hippo Enterprises
Inc. 
 (the “Board”), and in compliance with all applicable laws, you will be eligible to receive 300,000 options
(“Options”) to purchase shares of Common Stock of Hippo Enterprises Inc. under our 2019 Stock Option and Grant Plan (the “Plan”), at an exercise price to be determined by the Board on the date such options are granted, and
which shall be at least equal to the fair market value of a share of the Common Stock on the date of grant. The Options shall be subject to the terms of the Company’s Option Plan, an option agreement to be executed by and between you and the
Company. Vesting of the Options shall be subject to a 100% acceleration of unvested securities if both (i) control of the Company is transferred in a transaction for cash or liquid securities, and (ii) your employment is constructively
terminated or terminated without cause within 12 months thereafter. You acknowledge that you will be required to execute additional documents in compliance with the applicable tax laws, any other applicable law and the Company’s internal
policies. 
  

 5. Protection of Confidential and Proprietary Information; Authorization to
Work. As a condition of your employment, you will be required to sign and abide by the Company’s standard form of Employee Invention Assignment and Confidentiality Agreement, attached to this letter as Exhibit 1. You acknowledge
that you may be required to execute additional documents at the Company’s request, including documents relating to the Company’s internal policies, compliance with applicable tax laws, or any other applicable law. Further, within three
(3) business days of your employment start date, you must provide the Company with documents establishing your authorization to work in the U.S. 

6. At-Will Employment. Should you accept our offer, your employment with the Company will
be “at will.” This means it is for no specified term and may be terminated by you or the Company for any reason(s), at any time, with or without cause or advance notice. Any statements or representations to the contrary (and, indeed, any
statements contradicting any provision in this letter) are superseded by this letter. Further, your participation in any stock option or benefit program is not to be regarded as assuring you of continuing employment for any particular period of
time. Although your job duties, title, compensation, and benefits, as well as the Company’s personnel policies and practices, may change from time to time, the “at-will” nature of your
employment may be changed only in an express, written employment agreement signed by you and a duly authorized officer of the Company (other than you). 

7. Tax Matters. All forms of compensation referred to in this letter are subject to reduction to reflect applicable withholding
and payroll taxes and other deductions required by law. 
 8. Background Check. This offer is contingent upon a satisfactory
background check. This offer can be rescinded based upon data received in the background check. 
 9. Entire Agreement. This
offer, once accepted, constitutes the entire agreement between you and the Company with respect to the subject matter hereof and supersedes all prior offers, negotiations and agreements, if any, whether written or oral, relating to such subject
matter. You acknowledge that neither the Company nor its agents have made any promise, representation or warranty whatsoever, either express or implied, written or oral, which is not contained in this letter for the purpose of inducing you to
execute the letter, and you acknowledge that you have executed this letter in reliance only upon such promises, representations and warranties as are contained herein. 

10. Acceptance. This offer will remain open until October 15, 2020. If you decide to accept our offer, please sign this
letter and the attached Employee Invention Assignment and Confidentiality Agreement. Your signature will acknowledge that you have read and understood and agreed to the terms and conditions of this offer letter and the attached documents, if any.

 We look forward to the opportunity to welcome you to the Company. 

  
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	Sincerely,
	
	Hippo Employee Services, Inc.
		
	By	 	 /s/ Assaf wand

		 	Assaf wand

 I have read and understood this offer letter and hereby acknowledge, accept and agree to the terms as set forth above
and further acknowledge that no other commitments were made to me as part of my employment offer except as specifically set forth herein. 
  

					
	 /s/ Simon Fleming-Wood
	  	                    	  	 10/14/2020

	Simon Fleming-Wood	  		  	Date Signed

  
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 EXHIBIT 1 

EMPLOYEE INVENTION ASSIGNMENT AND CONFIDENTIALITY AGREEMENT 

In consideration of, and as a condition of my employment with Hippo Employee Services, Inc., a Delaware corporation with its principal offices
in the State of California (the “Company”), I, as the “Employee” signing this Employee Invention Assignment and Confidentiality Agreement (this “Agreement”),
hereby represent to the Company, and the Company and I hereby agree as follows: 
 1. Purpose of Agreement. I understand
that the Company is engaged in a continuous program of research, development, production and/or marketing in connection with its current and projected business and that it is critical for the Company to preserve and protect its proprietary
information, its rights in certain inventions and works and in related intellectual property rights. Accordingly, I am entering into this Agreement, whether or not I am expected to create inventions or other works of value for the Company. As used
in this Agreement, “Inventions” means inventions, improvements, designs, original works of authorship, formulas, processes, compositions of matter, computer software programs, databases, mask works, confidential information
and trade secrets. 
 2. Disclosure of Inventions. I will promptly disclose in confidence to the Company, or to any
person designated by it, all Inventions that I make, create, conceive or first reduce to practice, either alone or jointly with others, during the period of my employment, whether or not in the course of my employment, and whether or not patentable,
copyrightable or protectable as trade secrets. 
 3. Work for Hire; Assigned Inventions. I acknowledge and agree that
any copyrightable works prepared by me within the scope of my employment will be “works made for hire” under the Copyright Act and that the Company will be considered the author and owner of such copyrightable works. I agree that all
Inventions that I make, create, conceive or first reduce to practice during the period of my employment, whether or not in the course of my employment, and whether or not patentable, copyrightable or protectable as trade secrets, and that
(i) are developed using equipment, supplies, facilities or trade secrets of the Company; (ii) result from work performed by me for the Company; or (iii) relate to the Company’s business or actual or demonstrably anticipated
research or development (the “Assigned Inventions”), will be the sole and exclusive property of the Company. 

4. Excluded Inventions and Other Inventions. Attached hereto as Exhibit A is a list describing all existing
Inventions, if any, that may relate to the Company’s business or actual or demonstrably anticipated research or development and that were made by me or acquired by me prior to the Effective Date (as defined below), and which are not to be
assigned to the Company (“Excluded Inventions”). If no such list is attached, I represent and agree that it is because I have no rights in any existing Inventions that may relate to the Company’s business or actual or
demonstrably anticipated research or development. For purposes of this Agreement, “Other Inventions” means Inventions in which I have or may have an interest, as of the Effective Date or thereafter, other than Assigned
Inventions and Excluded Inventions. I acknowledge and agree that if, in the 

  
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 scope of my employment, I use any Excluded Inventions or any Other Inventions, or if I include any Excluded
Inventions or Other Inventions in any product or service of the Company or if my rights in any Excluded Inventions or Other Inventions may block or interfere with, or may otherwise be required for, the exercise by the Company of any rights assigned
to the Company under this Agreement, I will immediately so notify the Company in writing. Unless the Company and I agree otherwise in writing as to particular Excluded Inventions or Other Inventions, I hereby grant to the Company, in such
circumstances (whether or not I give the Company notice as required above), a perpetual, irrevocable, nonexclusive, transferable, world-wide, royalty-free license to use, disclose, make, sell, offer for sale, import, copy, distribute, modify and
create works based on, perform, and display such Excluded Inventions and Other Inventions, and to sublicense third parties in one or more tiers of sublicensees with the same rights. 

5. Exception to Assignment. I understand that the Assigned Inventions will not include, and the provisions of this
Agreement requiring assignment of inventions to the Company do not apply to, any invention that qualifies fully for exclusion under applicable federal, state or local laws or as otherwise set forth in Exhibit B.  

6. Assignment of Rights. I agree to assign, and do hereby irrevocably transfer and assign, to the Company: (i) all of
my rights, title and interests in and with respect to any Assigned Inventions; (ii) all patents, patent applications, copyrights, mask works, rights in databases, trade secrets, and other intellectual property rights, worldwide, in any Assigned
Inventions, along with any registrations of or applications to register such rights; and (iii) to the extent assignable, any and all Moral Rights (as defined below) that I may have in or with respect to any Assigned Inventions. I also hereby
forever waive and agree never to assert any Moral Rights I may have in or with respect to any Assigned Inventions and any Excluded Inventions or Other Inventions licensed to the Company under Section 4, even after termination of my employment
with the Company. “Moral Rights” means any rights to claim authorship of a work, to object to or prevent the modification or destruction of a work, to withdraw from circulation or control the publication or
distribution of a work, and any similar right, regardless of whether or not such right is denominated or generally referred to as a “moral right.”  

7. Assistance. I will assist the Company in every proper way to obtain and enforce for the Company all patents,
copyrights, mask work rights, trade secret rights and other legal protections for the Assigned Inventions, worldwide. I will execute and deliver any documents that the Company may reasonably request from me in connection with providing such
assistance. My obligations under this section will continue beyond the termination of my employment with the Company; provided that the Company agrees to compensate me at a reasonable rate after such termination for time and expenses actually
spent by me at the Company’s request in providing such assistance. I hereby appoint the Secretary of the Company as my attorney-in-fact to execute documents on my
behalf for this purpose. I agree that this appointment is coupled with an interest and will not be revocable. 
 8. Proprietary
Information. I understand that my employment by the Company creates a relationship of confidence and trust with respect to any information or materials of a confidential or secret nature that may be made, created or discovered by me
or that may be disclosed to me by the Company or a third party in relation to the business of the Company or to the business of any parent, subsidiary, affiliate, customer or supplier of the Company, or any other party with 

  
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 whom the Company agrees to hold such information or materials in confidence (the “Proprietary
Information”). Without limitation as to the forms that Proprietary Information may take, I acknowledge that Proprietary Information may be contained in tangible material such as writings, drawings, samples, electronic media, or computer
programs, or may be in the nature of unwritten knowledge or know-how. Proprietary Information includes, but is not limited to, Assigned Inventions, marketing plans, product plans, designs, data, prototypes,
specimens, test protocols, laboratory notebooks, business strategies, financial information, forecasts, personnel information, contract information, customer and supplier lists, and the non-public names and
addresses of the Company’s customers and suppliers, their buying and selling habits and special needs. 
 9.
Confidentiality. At all times, both during my employment and after its termination, and to the fullest extent permitted by law, I will keep and hold all Proprietary Information in strict confidence and trust. I will not use or
disclose any Proprietary Information without the prior written consent of the Company in each instance, except as may be necessary to perform my duties as an employee of the Company for the benefit of the Company. Upon termination of my employment
with the Company, I will promptly deliver to the Company all documents and materials of any nature pertaining to my work with the Company, and I will not take with me or retain in any form any documents or materials or copies containing any
Proprietary Information. Nothing in this Section 9 or otherwise in this Agreement shall limit or restrict in any way my immunity from liability for disclosing the Company’s trade secrets as specifically permitted by 18 U.S. Code
Section 1833, the pertinent provisions of which are attached hereto as Exhibit C. 
 10. Physical Property.
All documents, supplies, equipment and other physical property furnished to me by the Company or produced by me or others in connection with my employment will be and remain the sole property of the Company. I will return to the Company all such
items when requested by the Company, excepting only my personal copies of records relating to my employment or compensation and any personal property I bring with me to the Company and designate as such. Even if the Company does not so request, I
will upon termination of my employment return to the Company all Company property, and I will not take with me or retain any such items. 

11. No Breach of Prior Agreements. I represent that my performance of all the terms of this Agreement and my duties as an
employee of the Company will not breach any invention assignment, proprietary information, confidentiality, non-competition, or other agreement with any former employer or other party. I represent that I will
not bring with me to the Company or use in the performance of my duties for the Company any documents or materials or intangibles of my own or of a former employer or third party that are not generally available for use by the public or have not
been legally transferred to the Company. 
 12. “At Will” Employment. I understand that this Agreement does
not constitute a contract of employment or obligate the Company to employ me for any stated period of time. I understand that I am an “at will” employee of the Company and that my employment can be terminated at any time, with or without
notice and with or without cause, for any reason or for no reason, by either the Company or by me. I acknowledge that any statements or representations to the contrary are ineffective, unless put into a writing signed by the Company. I further
acknowledge that my participation in any stock option or benefit program is not to be construed as any assurance of continuing employment for any particular period of time. 

  
 6 

 13. Company Opportunities; Duty Not to Compete. During the period of my
employment, I will at all times devote my best efforts to the interests of the Company, and I will not, without the prior written consent of the Company, engage in, or encourage or assist others to engage in, any other employment or activity that:
(i) would divert from the Company any business opportunity in which the Company can reasonably be expected to have an interest; (ii) would directly compete with, or involve preparation to compete with, the current or future business of the
Company; or (iii) would otherwise conflict with the Company’s interests or could cause a disruption of its operations or prospects. 

14. Non-Solicitation of Employees/Consultants. During my employment with the
Company and for a one (1) year period thereafter, I will not directly or indirectly solicit away employees or consultants of the Company for my own benefit or for the benefit of any other person or entity, nor will I encourage or assist others
to do so. 
 15. Use of Name & Likeness. I hereby authorize the Company to use, reuse, and to grant others the
right to use and reuse, my name, photograph, likeness (including caricature), voice, and biographical information, and any reproduction or simulation thereof, in any form of media or technology now known or hereafter developed, both during and after
my employment, for any purposes related to the Company’s business, such as marketing, advertising, credits, and presentations. 

16. Notification. I hereby authorize the Company, during and after the termination of my employment with the Company, to
notify third parties, including, but not limited to, actual or potential customers or employers, of the terms of this Agreement and my responsibilities hereunder. 

17. Injunctive Relief. I understand that a breach or threatened breach of this Agreement by me may cause the Company to
suffer irreparable harm and that the Company will therefore be entitled to injunctive relief to enforce this Agreement. 
 18.
Governing Law; Severability. This Agreement is intended to supplement, and not to supersede, any rights the Company may have in law or equity with respect to the duties of its employees and the protection of its trade
secrets. This Agreement will be governed by and construed in accordance with the laws of the state in which I principally perform work for the Company and, for remote employees, reside, without giving effect to any principles of conflict of laws
that would lead to the application of the laws of another jurisdiction. If any provision of this Agreement is invalid, illegal or unenforceable in any respect, such provision will be enforced to the maximum extent possible, given the fundamental
intentions of the parties when entering into this Agreement. To the extent such provision cannot be so enforced, it will be stricken from this Agreement and the remainder of this Agreement will be enforced as if such invalid, illegal or
unenforceable provision had never been contained in this Agreement. 
 19. Counterparts. This Agreement may be executed
in any number of counterparts, each of which when so executed and delivered will be deemed an original, and all of which together will constitute one and the same agreement. 

  
 7 

 20. Entire Agreement. This Agreement and the documents referred to
herein constitute the entire agreement and understanding of the parties with respect to the subject matter of this Agreement, and supersede all prior understandings and agreements, whether oral or written, between the parties hereto with respect to
such subject matter. 
 21. Amendment and Waiver. This Agreement may be amended only by a written agreement executed by
each of the parties to this Agreement. No amendment or waiver of, or modification of any obligation under, this Agreement will be enforceable unless specifically set forth in a writing signed by the party against which enforcement is sought. A
waiver by either party of any of the terms and conditions of this Agreement in any instance will not be deemed or construed to be a waiver of such term or condition with respect to any other instance, whether prior, concurrent or subsequent. 

22. Successors and Assigns; Assignment. Except as otherwise provided in this Agreement, this Agreement, and the rights and
obligations of the parties hereunder, will bind and benefit the parties and their respective successors, assigns, heirs, executors, administrators, and legal representatives. The Company may assign any of its rights and obligations under this
Agreement. I understand that I will not be entitled to assign or delegate this Agreement or any of my rights or obligations hereunder, whether voluntarily or by operation of law, except with the prior written consent of the Company. 

23. Further Assurances. The parties will execute such further documents and instruments and take such further actions as
may be reasonably necessary to carry out the purposes and intent of this Agreement. Upon termination of my employment with the Company, I will execute and deliver a document or documents in a form reasonably requested by the Company confirming my
agreement to comply with the post-employment obligations contained in this Agreement. 
 24. Acknowledgement. I certify
and acknowledge that I have carefully read all of the provisions of this Agreement and that I understand and will fully and faithfully comply with this Agreement. 

[Section 25 and signatures follow on the next page.] 

  
 8 

 25. Effective Date of Agreement. This Agreement is and will be
effective on and after the first day of my employment by the Company, which is October 26, 2020 (the “Effective Date”). 
  

							
	Company:	  	    	  	Employee:
				
	By:	 	 /s/ Assaf Wand
	  		  	 /s/ Simon Fleming-Wood

	Name:	 	Assaf Wand	  		  	Signature
	Title:	 	 CEO & Co Founder
	  		  	Simon Fleming-Wood
		 		  		  	Name (Please Print)

  
 9 

 Exhibit A 

LIST OF EXCLUDED INVENTIONS UNDER SECTION 4 
  

					
	 Title
	 	 Date
	 	 Identifying Number

or Brief Description

                 No inventions, improvements, or original works of
authorship 
                  Additional sheets attached 

Signature of Employee: /s/ Simon Fleming-Wood             

Print Name of Employee: Simon Fleming-Wood 
 Date: 10/14/2020

 Exhibit B 

For California employees:
 California Labor Code
Section 2870 provides as follows: 
 Any provision in an employment agreement which provides that an employee shall assign, or offer to
assign, any of his or her rights in an invention to his or her employer shall not apply to an invention that the employee developed entirely on his or her own time without using the employer’s equipment, supplies, facilities, or trade secret
information except for those inventions that either: (1) relate at the time of conception or reduction to practice of the invention to the employer’s business, or actual or demonstrably anticipated research or development of the employer;
or (2) result from any work performed by the employee for the employer. To the extent a provision in an employment agreement purports to require an employee to assign an invention otherwise excluded from being required to be assigned under
California Labor Code Section 2870(a), the provision is against the public policy of this state and is unenforceable. 
 For Texas employees and
employees in all other states: 
 This agreement to assign Inventions to the Company does not apply to an invention for which no
equipment, supplies, facility or trade secret information of the Company was used and which was developed entirely on the employee’s own time, and (1) which does not relate (a) directly to the business of the employer or (b) to
the employer’s actual or demonstrably anticipated research or development, or (2) which does not result from any work performed by the employee for the employer. 

 Exhibit C 

DEFEND TRADE SECRETS ACT, 18 U.S. CODE § 1833 NOTICE: 

18 U.S. Code Section 1833 provides as follows: 

Immunity From Liability For Confidential Disclosure Of A Trade Secret To The Government Or In A Court Filing. An individual shall not be
held criminally or civilly liable under any Federal or State trade secret law for the disclosure of a trade secret that (A) is made, (i) in confidence to a Federal, State, or local government official, either directly or indirectly, or to
an attorney; and (ii) solely for the purpose of reporting or investigating a suspected violation of law; or (B) is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal. 

Use of Trade Secret Information in Anti-Retaliation Lawsuit. An individual who files a lawsuit for retaliation by an employer for
reporting a suspected violation of law may disclose the trade secret to the attorney of the individual and use the trade secret information in the court proceeding, if the individual (A) files any document containing the trade secret under
seal; and (B) does not disclose the trade secret, except pursuant to court order.

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