Document:

EX-4.2

 Exhibit 4.2 

CAMBIUM NETWORKS CORPORATION 

SHAREHOLDER AGREEMENT 

This Shareholder Agreement (the “Agreement”), dated            ,
2019, is entered into by and among Vector Cambium Holdings (Cayman), L.P. (“VCH, L.P.”) and Cambium Networks Corporation, an exempted company incorporated under the laws of the Cayman Islands (the “Company”). 

WHEREAS, the Company is in the process of effecting its initial public offering (“IPO”) of ordinary shares
(“Shares”), pursuant to a Registration Statement on Form S-1; and 
 WHEREAS,
the Company and VCH, L.P. desire to address certain provisions regarding representation on the Company’s Board of Directors (the “Board”) and registration rights with respect to the Company’s Shares. 

NOW, THEREFORE, in consideration of the mutual covenants and undertakings contained herein and for good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 
 ARTICLE I 

DEFINITIONS 

Section 1.1 Definitions. As used in this Agreement, the following terms shall have the following meanings: 

“Affiliate” and “Associate” each has the meaning ascribed to such term in
Rule 12b-2 promulgated under the Exchange Act. 
 “Beneficially Owns” has the
meaning ascribed to the term “Beneficial Ownership” or derivatives thereof in Section 13(d) of the Exchange Act and the regulations thereunder. 

“Blackout Period” means in the event that the Company notifies Vector Capital in writing pursuant to
Section 3.5(a)(x) that the registration would require the disclosure of material, non-public information and such disclosure would be harmful to the Company or with respect to which
the Company otherwise has a bona fide business purpose for preserving its confidentiality, a period of forty-five (45) calendar days (or such shorter period if the Company notifies Vector Capital prior to the expiration of the forty-five-day period); provided, that a Blackout Period may not occur more than once in any period of 12 consecutive months. 

“Business Day” means a day except a Saturday, a Sunday or other day on which banks in New York, New York are authorized or
required by law to be closed. 
 “Charter” means the Amended and Restated Memorandum and Articles of Association of the
Company. 

  
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 “Control” has the meaning ascribed to such term under Section 12b-2 of the Exchange Act. 
 “Exchange Act” means the United States
Securities Exchange Act of 1934, as amended, supplemented or restated from time to time and any successor to such statute, and the rules and regulations promulgated thereunder. 

“Governmental Entity” means any court, administrative agency, regulatory body, commission or other governmental authority,
board, bureau or instrumentality, domestic or foreign and any subdivision thereof. 
 “Independence Requirements” means,
for any individual serving or nominated to serve on the Board, that such individual meets the then current standards to qualify as an independent director under the Exchange Act and established by each national securities exchange on which the
Shares are then listed for trading. 
 “Permitted Transferee” means any Affiliate or Associate of Vector Capital. 

“Person” means any individual, corporation, company, firm, partnership, joint venture, limited liability company, estate,
trust, business association, organization, Governmental Entity or other entity. 
 “Registrable Amount” means an amount of
Registrable Securities having an aggregate value of at least $10 million based on the anticipated offering price (as determined in good faith by Vector Capital and executive officers of the Company). 

“Registrable Securities” means (i) any Shares currently owned or acquired by Vector Capital and (ii) any Shares
issued or issuable with respect to the securities referred to in clause (i) by way of a share dividend or share split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization. As to any
particular Registrable Securities, such securities shall cease to be Registrable Securities when sold or otherwise transferred by the holder thereof other than to a Permitted Transferee who succeeds to the rights hereunder. 

“SEC” means the United States Securities and Exchange Commission or any similar agency then having jurisdiction to enforce
the Securities Act. 
 “Securities Act” means the United States Securities Act of 1933, as amended, supplemented or
restated from time to time and any successor to such statute, and the rules and regulations promulgated thereunder. 
 “Total Voting
Power” means, as of any date of determination, the total number of votes that may be cast in the election of directors of the Company if all Voting Securities then outstanding were present and voted at a meeting held for such purpose. The
percentage of the Total Voting Power of the Company owned by any Person as of any date of determination is the percentage of the Total Voting Power of the Company that is represented by the total number of votes that may be cast in the election of
directors of the Company divided by Voting Securities then owned of record or beneficially by such Person. 

  
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 “Transfer” means, as a noun, any voluntary or involuntary transfer, sale,
charge, pledge, assignment, hypothecation or other disposition or distribution of any interest in Shares and, as a verb, to voluntarily or involuntarily transfer, sell, charge, pledge, assign, hypothecate or otherwise dispose of or distribute any
interest in Shares. “Transferor” means a Person that Transfers or proposes to Transfer; and “Transferee” means a Person to whom a Transfer is made or is proposed to be made. 

“Vector Capital” means (i) VCH, L.P. and (ii) any investment funds or other entities sponsored, managed or owned
directly or indirectly by VCH, L.P. or its Affiliates, or otherwise under common Control with VCH, L.P. or its successors (by merger consolidation, acquisition of substantially all assets or similar transaction). 

“Voting Securities” means Shares and any other securities of the Company entitled to vote generally in the election of
directors of the Company. 
 Section 1.2 Gender. For the purposes of this Agreement, the words “he,” “his”
or “himself” shall be interpreted to include the masculine, feminine and corporate, other entity or trust form. 
 ARTICLE II

 BOARD REPRESENTATION 

Section 2.1 Nominees. Subject to the Charter and applicable law: 

(a) Vector Capital will be entitled by notice in writing to the Company to appoint the following nominees to serve on the Board: for so long as
Vector Capital Beneficially Owns (x) between 5% to 25% of the Voting Securities, one individual chosen by Vector Capital (“Vector Nominee”), (y) more than 25% but less than 50% of the Voting Securities, two Vector
Nominees, and (z) greater than 50% of the Voting Securities, a number of individuals proportionate to Vector Capital’s Voting Securities; 

(b) A Vector Nominee may be only removed from the Board upon the request of Vector Capital, provided that nothing in this Agreement
shall be construed to impair any rights that the shareholders of the Company may have to remove any member of the Board for cause. In the event that a Vector Nominee for any reason ceases to serve as a member of the Board during his or her term of
office, Vector Capital shall have the right to designate for appointment an individual to fill the vacant directorship. 
 Section 2.2
Voting and Other Action. VCH, L.P. shall take all action necessary or appropriate to cause the Board to be constituted as set forth in this Article II. Without limitation of the foregoing, VCH, L.P. shall cause the Voting Securities it
Beneficially Owns to be voted (A) in favor of the election of the nominees designated pursuant to Section 2.1 hereof to the Board and (B) against any proposal to amend or waive any provision of the Charter that
would adversely affect the rights and obligations set forth in this Article II, unless otherwise required by law. 

  
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 Section 2.3 Controlled Company; Independence Requirements. The Company and
Vector Capital acknowledge and agree that the Exchange Act and the rules of the national stock exchange upon which the Shares may be listed impose Independence Requirements with respect to the Board of Directors and various committees hereof. The
parties agree to take all such actions as may be necessary or appropriate to comply with such requirements, to the extent applicable to the Company. 

Section 2.4 Composition of Certain Board Committees. Until termination of this provision under
Article V, the Board shall establish the number of members to serve on each committee, and shall appoint to each committee (other than the Audit Committee) at least one (1) Vector Nominee, subject to the rules of the
national stock exchange on which the Shares are listed. 
 ARTICLE III 

REGISTRATION RIGHTS 

Section 3.1 Demand Registration. 

(a) Subject to termination of this Agreement pursuant to Section 5.1, at any time after the Lock-up Period (as defined below) and when the Company is ineligible to use a Registration Statement on Form S-3 or any successor form thereto, Vector Capital by written
notice to the Company (the “Long-Form Notice”) may at any time and from time to time require registration under the Securities Act of all or any portion of its Registrable Securities on
Form S-1 or any successor form thereto (a “Long-Form Registration”); provided that the Shares to be sold equals or is greater than the Registrable Amount; provided,
further, that Vector Capital shall be permitted to effect no more than three Long-Form Registrations. The Company shall cause each Long-Form Registration to be filed as soon as practicable, and to use commercially reasonable efforts to
cause to be declared effective by the SEC as soon as practicable after such filing date. 
 (b) Subject to termination of this Agreement
pursuant to Section 5.1, at any point in time as the Company is eligible to use a Registration Statement on Form S-3 or any successor form thereto (a “Short-Form
Registration” and, with a Long-Form Registration, a “Demand Registration”), Vector Capital by written notice delivered to the Company (the “Short-Form Notice”) may at any time and from time to time require
a Short-Form Registration under the Securities Act of all or any portion of its Registrable Securities, provided that, the Shares to be sold equals or is greater than the Registrable Amount. Each Short-Form Notice shall specify whether the
offering is intended to be made on a delayed or continuous basis pursuant to Rule 415 (a “Continuous Shelf”) or via one or more underwritten offerings (a “Shelf Takedown”) or any combination of a Continuous
Shelf and one or more Shelf Takedowns. The Company shall cause each Short-Form Registration to be filed as soon as practicable (and in no event later than 90 days after the Short-Form Notice), and to use commercially reasonable efforts to cause
it to be declared effective by the SEC as soon as practicable after the filing date. The Company shall use commercially reasonable efforts to keep a Short-Form Registration effective until all Registrable Securities covered thereby are either sold
or disposed of in accordance with the intended methods of disposition by the seller or sellers thereof set forth in such Short-Form Registration or are eligible for sale without restriction under Rule 144 under the Securities Act or, if
earlier, until expiration of the permitted maximum period for a Continuous Shelf under Rule 415 of the Securities Act. 

  
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 (c) Vector Capital and the executive officers of the Company shall jointly participate in
the process of selecting the investment banker or investment bankers and managers that will serve as underwriters with respect to any such underwritten offering. 

(d) A Long-Form Registration pursuant to this Section 3.1 shall count as one of the permitted Long-Form
Registrations only if Vector Capital is able to register and sell at least 90% of the Registrable Securities requested to be included in such Long-Form Registration; provided, however, in any event, the Company shall pay all expenses
pursuant to Section 3.6 whether or not any Demand Registration has become effective and whether or not such Demand Registration has counted as one of the permitted Long-Form Registrations. The Company may postpone the
filing or the effectiveness of a registration statement for a Demand Registration during a Blackout Period. 
 Section 3.2 Piggyback
Registration. 
 (a) Subject to the terms and conditions hereof, following the IPO, whenever the Company proposes to register any of its
Shares under the Securities Act (other than a registration by the Company on (i) a registration statement on Form S-4 or any successor form thereto, (ii) a registration statement on Form S-8 or any successor form thereto, or (iii) a Demand Registration (with respect to which Section 3.1 applies) (a “Piggyback Registration”), the Company shall
give Vector Capital prompt written notice thereof (but not less than five Business Days prior to the filing by the Company with the SEC of any registration statement with respect thereto). Such notice (a “Piggyback Notice”) shall
specify, at a minimum, the number and type of securities proposed to be registered, the proposed date of filing of such registration statement with the SEC, the proposed means of distribution, the proposed managing underwriter or underwriters (if
any and if known) and a good faith estimate by the Company of the proposed offering price of such Shares. Upon the written request of Vector Capital (which written request shall specify the number of Registrable Securities then presently intended to
be disposed of by such Piggyback Seller) given within five Business Days after such Piggyback Notice is received by Vector Capital, the Company, subject to the terms and conditions of this Agreement, shall use its commercially reasonable efforts to
cause all such Registrable Securities held by Vector Capital with respect to which the Company has received such written requests for inclusion to be included in such Piggyback Registration, and, to the extent the Company proposes to register any of
its Shares, at the same price and on substantially the same terms and conditions as such Shares. 
 (b) If, in connection with a Piggyback
Registration, any managing underwriter advises the Company in writing that, in its reasonable judgment, the inclusion of all of the securities sought to be registered in connection with such Piggyback Registration would adversely affect the
marketability of such Registrable Securities sought to be sold pursuant thereto, then the Company shall include in the registration statement applicable to such Piggyback Registration only such Shares as the Company is so advised by such underwriter
can be sold without such an effect, as follows and in the following order of priority: (i) first, the number of securities to be sold by the Company, (ii) second, Registrable Securities of Vector Capital, and (iii) third, all other
Shares of the Company duly requested to be included in such registration statement, pro rata on the basis of the amount of such other securities owned. 

  
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 (c) If, at any time after giving written notice of its intention to register any of its
securities as set forth in this Section 3.2 and prior to the time the registration statement filed in connection with such Piggyback Registration is declared effective, the Company shall determine for any reason not to
register such securities, the Company may, at its election, give written notice of such determination to Vector Capital and thereupon shall be relieved of its obligation to register any Registrable Securities in connection with such particular
withdrawn or abandoned Piggyback Registration (but not from its obligation to pay the registration expenses in connection therewith as provided below). 

Section 3.3 Withdrawal Rights. Vector Capital, having notified or directed the Company to include any or all of its Registrable
Securities in a registration statement under the Securities Act, shall have the right to withdraw any such notice or direction with respect to any or all of the Registrable Securities designated by it for registration by giving written notice to
such effect to the Company at least two Business Days prior to the effective date of such registration statement. In the event of any such withdrawal, the Company shall not include such Registrable Securities in the applicable registration and such
Registrable Securities shall continue to be Registrable Securities for all purposes of this Agreement. No such withdrawal shall affect the obligations of the Company with respect to the Registrable Securities not so withdrawn. 

Section 3.4 Holdback Agreement. To the extent requested by a managing underwriter of an underwritten offering of Shares, the
Company and Vector Capital hereby agree not to, for a period of (a) with respect to the IPO, up to 180 days after the date of the final prospectus relating to the IPO and (b) with respect to any other underwritten offering effected
pursuant to a Demand Registration or a Piggyback Registration, up to 90 days after the date of the final prospectus relating to such offering (the “Lock-Up Period”), effect any public
sale or distribution (including pursuant to Rule 144) of Shares (except as part of such underwritten offering), unless the underwriters managing the underwritten offering otherwise agree. Vector Capital further agrees to enter into a separate
form of lock-up agreement as may be requested by the managing underwriter, subject to the limitations of the foregoing provisions of this Section 3.4, for an offering of Shares. 

Section 3.5 Registration Procedures. 

(a) Company Matters. If and whenever the Company is requested to effect the registration of any Registrable Securities under the
Securities Act as provided in Section 3.1 and Section 3.2, subject to the provisions hereof, the Company shall: 

(i) prepare and file with the SEC a registration statement, in accordance with the Securities Act, to effect such registration and thereafter
use commercially reasonable efforts to cause such registration statement to become and remain effective pursuant to the terms of this Agreement; provided, however, that the Company may discontinue any registration of its securities
which are not Registrable Securities at any time prior to the effective 

  
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date of the registration statement relating thereto; provided, further that the Company will furnish to the counsel selected by Vector Capital who are including Registrable
Securities in such registration copies of any prospectus or registration statement or amendment or supplement thereto, proposed to be filed, for (time permitting) review and comment of such counsel and shall use commercially reasonable efforts to
incorporate such comments; 
 (ii) prepare and file with the SEC such amendments and supplements to such registration statement and the
prospectus used in connection therewith as may be necessary to keep such registration statement effective and to comply with the provisions of the Securities Act with respect to the disposition of all securities covered by such registration
statement, in each case in accordance with the terms of this Article III; 
 (iii) furnish to Vector Capital and each underwriter,
if any, of the securities being sold by Vector Capital such number of conformed copies of such registration statement and of each amendment and supplement thereto (in each case including all exhibits), such number of copies of the prospectus
contained in such registration statement (including each preliminary prospectus, prospectus supplement, final prospectus, summary prospectus and free writing prospectus), utilized in connection therewith and any other prospectus filed under
Rule 424 under the Securities Act, in conformity with the requirements of the Securities Act, and such other documents as Vector Capital and underwriter, if any, may reasonably request in order to facilitate the public sale or other disposition
of the Registrable Securities owned by Vector Capital; 
 (iv) use commercially reasonable efforts to register or qualify such Registrable
Securities covered by such registration statement under such other securities laws or blue sky laws of such jurisdictions as Vector Capital and any underwriter of the securities being sold by Vector Capital shall reasonably request, and take any
other action which may be reasonably necessary or advisable to enable Vector Capital and underwriter to consummate the disposition in such jurisdictions of the Registrable Securities owned by Vector Capital, except that the Company shall not for any
such purpose be required to (A) qualify generally to do business as a foreign corporation in any jurisdiction wherein it would not but for the requirements of this clause (iv) be obligated to be so qualified, (B) subject itself to
taxation in any such jurisdiction, or (C) file a general consent to service of process in any such jurisdiction; 
 (v) use
commercially reasonable efforts to cause such Registrable Securities to be listed on each securities exchange on which Shares are then listed and, if not so listed, to be listed on a securities exchange and, without limiting the generality of the
foregoing, to arrange for at least two market markers to register as such with respect to such Registrable Securities with the Financial Industry Regulatory Authority; 

(vi) use commercially reasonable efforts to cause such Registrable Securities covered by such registration statement to be registered with or
approved by such other Governmental Entity as may be necessary to enable Vector Capital to consummate the disposition of such Registrable Securities; 

(vii) in connection with an underwritten offering, obtain for the underwriters and for Vector Capital that reasonably may be deemed to be an
underwriter: 
 (A) an opinion of counsel for the Company, covering the matters customarily covered in opinions requested in underwritten
offerings, and 

  
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 (B) a “comfort” letter (or, in the case of any such Person which does not satisfy
the conditions for receipt of a “comfort” letter specified in Statement on Auditing Standards No. 72, an “agreed upon procedures” letter) in form and covering such matters as are customary, signed by the independent public
accountants who have certified the Company’s financial statements included in such registration statement; 
 (viii) promptly make
available for inspection by Vector Capital any underwriter participating in any disposition pursuant to any registration statement, and any attorney, accountant or other agent or representative retained by Vector Capital or underwriter, all
financial and other records, pertinent corporate documents and properties of the Company, as shall be reasonably necessary to enable them to exercise their due diligence responsibility, and cause the Company’s officers, directors, employees,
agents, representatives and independent accountants, to (x) supply all information requested in connection with such registration statement and (y) be reasonably available for due diligence discussions and sessions (taking into account the
Company’s business needs); provided, however, that, the disclosure of such information shall be subject to compliance by Vector Capital and its representatives (for which Vector Capital shall be responsible) of the confidentiality
provisions set forth herein; 
 (ix) promptly notify in writing Vector Capital and the underwriters, if any, of the following events: 

(A) the filing of the registration statement, any amendment thereto, the prospectus or any supplement related thereto; 

(B) any request by the SEC or any other Government Entity for amendments or supplements to the registration statement or the prospectus or
for additional information; 
 (C) the issuance by the SEC or any other Government Entity of any stop order suspending the effectiveness of
the registration statement or the initiation of any proceedings by any Person for that purpose; 
 (D) the receipt by the Company of any
notification with respect to the suspension of the qualification of any Registrable Securities for sale under the securities or blue sky laws of any jurisdiction or the initiation or threat of any proceeding for such purpose; and 

(E) upon written inquiry of underwriter, or at any time when a prospectus under a registration statement relating to a sale of Shares is
required to be delivered under the Securities Act, the happening of any event as a result of which any registration statement, prospectus or any document incorporated therein by reference contains an untrue statement of a material fact or omits any
fact necessary to make the statements therein (in the case of any prospectus, in the light of the circumstances under which they were made) not misleading or which requires the making of any change in any registration statement, prospectus or any
document incorporated therein by reference in order to make the statements therein (in the case of any prospectus, in the light of the circumstances under which they were made) not misleading; 

  
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 (x) at the request of Vector Capital or underwriter, and subject to suspension during any
Blackout Period, promptly prepare and furnish to Vector Capital or underwriter a reasonable number of copies of a supplement to or an amendment of such prospectus as may be necessary so that, as thereafter delivered to the purchasers of Shares, such
prospectus shall not include an 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; 

(xi) use commercially reasonable efforts to prevent, and obtain the withdrawal of, any order suspending the effectiveness of an applicable
registration statement; 
 (xii) satisfy the provisions of Section 11(a) of the Securities Act and Rule 158 thereunder and
otherwise use commercially reasonable efforts to comply with all securities laws and all applicable rules and regulations of the SEC; 

(xiii) cooperate with Vector Capital and the managing underwriter to facilitate the timely book entry transfer of Shares or alternatively the
delivery of certificates (which shall not bear any restrictive legends unless required under applicable law) representing Shares sold under any registration statement; and 

(xiv) in the case of an underwritten offering, use commercially reasonable efforts to cause the appropriate executive officers of the Company
to facilitate such offerings, including with respect to preparing, making presentations at, and otherwise participating in, “road shows” and other selling efforts that may be reasonably requested by the sellers in connection with the
methods of distribution for the Registrable Securities. 
 (b) Vector Capital Matters. 

(i) Vector Capital shall furnish the Company and any applicable underwriter in writing such information regarding Vector Capital and the
distribution of Shares as the Company or underwriter may from time to time reasonably request to complete or amend the information required in a registration statement relating to the proposed sale thereof. At least seven Business Days prior to the
first anticipated filing date of any registration statement, the Company shall notify Vector Capital of the information the Company requires from Vector Capital in connection with the filing of the registration statement. If the Company has not
received, on or before the second Business Day before the expected filing date, the requested information from Vector Capital, the Company may file the registration statement without including the Shares of Vector Capital. 

(ii) In the event that the offering of Registrable Securities is to be made by or through an underwriter, Vector Capital, if requested by the
underwriter, shall enter into an underwriting agreement with a managing underwriter or underwriters (and related custody arrangements) in connection with such offering containing representations, warranties, indemnities and agreements customarily
included therein. 

  
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 (c) Vector Capital agrees that upon receipt of any written notice from the Company of the
happening of any event of the kind described in Section 3.5(a)(ix)(E), Vector Capital shall forthwith discontinue Vector Capital’s disposition of Registrable Securities pursuant to the applicable registration statement
and prospectus relating thereto until Vector Capital’s receipt of the copies of the supplemented or amended prospectus contemplated thereunder, or until Vector Capital is advised by the Company that such dispositions may again be made. 

Section 3.6 Registration Expenses. All expenses incident to the Company’s performance of, or compliance with, its obligations
under this Agreement, including all registration and filing fees, all fees and expenses of compliance with securities and “blue sky” laws, all fees and expenses associated with filings required to be made with the Financial Industry
Regulatory Authority, all fees and expenses of compliance with securities and “blue sky” laws, all printing (including expenses of printing certificates for the Registrable Securities in a form eligible for deposit with the Depository
Trust Company and of printing prospectuses if the printing of prospectuses is requested by a holder of Registrable Securities) and copying expenses, and all messenger and delivery expenses, all fees and expenses of the Company’s independent
certified public accountants and counsel (including with respect to “comfort” letters and opinions) shall be borne by the Company, regardless of whether a registration is effected. The Company will pay its internal expenses (including all
salaries and expenses of its officers and employees performing legal or accounting duties, the expense of any annual audit and the expense of any liability insurance) and the expenses and fees for listing the securities to be registered on each
securities exchange and included in each established over-the-counter market on which similar securities issued by the Company are then listed or traded. Vector Capital
shall pay its portion of all underwriting discounts and commissions and transfer taxes, if any, relating to the sale of Vector Capital’s Registrable Securities pursuant to any registration, as well as its legal fees and expenses incurred in
connection with any registration, provided, however, that the Company shall pay the reasonable fees and expenses of one law firm (and any appropriate local counsel) selected by Vector Capital to represent Vector Capital in connection
with each offering of Registrable Shares hereunder. 
 Section 3.7 Registration Indemnification. 

(a) By the Company. The Company agrees to indemnify and hold harmless, to the fullest extent permitted by law, Vector Capital, its
Affiliates and their respective officers, directors, employees, managers, partners and agents and each Person who controls (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act) Vector Capital or such
other indemnified Person (collectively, the “Vector Capital Indemnified Persons”) from and against all losses, claims, damages, liabilities and expenses (including reasonable expenses of investigation and reasonable attorneys’
fees and expenses) (collectively, the “Losses”) caused by, resulting from or relating to (i) violations of any applicable securities law by the Company in connection with any registration or offering undertaken pursuant to the
terms of this Article III (except to the extent any such violations were caused by Vector Capital’s failure to deliver a copy of the registration statement or prospectus or any amendments or supplements thereto after the Company has
furnished such holder with a sufficient number of copies of the same or (ii) any untrue statement (or alleged untrue statement) of a material fact contained in any registration statement, amendment thereto, prospectus, prospectus supplement,
preliminary prospectus or 

  
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free writing prospectus or any amendment or supplement thereto or any omission (or alleged omission) of a material fact required to be stated therein or necessary to make the statements therein,
in light of the circumstances under which they were made, not misleading, except insofar as the same are caused by any information furnished in writing to the Company by Vector Capital expressly for use therein. In connection with an underwritten
offering and without limiting any of the Company’s other obligations under this Agreement, the Company shall also indemnify such underwriters to the extent customarily provided. Reimbursements payable pursuant to the indemnification
contemplated by this Section 3.7(a) will be made by periodic payments during the course of any investigation or defense, as and when bills are received or expenses incurred. 

(b) By Vector Capital. In connection with any registration statement in which Vector Capital is participating, Vector Capital will
furnish to the Company in writing information regarding Vector Capital’s ownership of Registrable Securities and its intended method of distribution thereof and, to the extent permitted by law, shall, severally and not jointly, indemnify the
Company, its Affiliates and their respective directors, officers, employees and agents and each Person who controls (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act) the Company (collectively, the
“Company Indemnified Persons”) against all Losses caused by any untrue statement of material fact contained in the registration statement, amendment thereto, prospectus, prospectus supplement, preliminary prospectus or free writing
prospectus or any amendment or supplement thereto or any omission of a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading, but only to the
extent that such untrue statement or omission is caused by and contained in such information so furnished in writing by Vector Capital expressly for use therein; provided, however, that Vector Capital shall not be liable to the Company
for amounts in excess of the net amount received by Vector Capital in the offering giving rise to such liability. 
 (c) Notice. Any
Person entitled to indemnification hereunder shall give prompt written notice to the indemnifying party of any claim with respect to which it seeks indemnification; provided, however, the failure to give such notice shall not release
the indemnifying party from its obligation, except to the extent that the indemnifying party has been actually and materially prejudiced by such failure to provide such notice on a timely basis. 

(d) Defense of Actions. In any case in which any such action is brought against any indemnified party, and it notifies an indemnifying
party of the commencement thereof, the indemnifying party will be entitled to participate therein, and, to the extent that it may wish, jointly with any other indemnifying party similarly notified, to assume the defense thereof, with counsel
reasonably satisfactory to such indemnified party, and after notice from the indemnifying party to such indemnified party of its election to assume the defense thereof, the indemnifying party will not (so long as it shall continue to have the right
to defend, contest, litigate and settle the matter in question in accordance with this paragraph) be liable to such indemnified party hereunder for any legal or other expense subsequently incurred by such indemnified party in connection with the
defense thereof other than reasonable costs of investigation, supervision and monitoring (unless (i) such indemnified party reasonably objects to such assumption on the grounds that there may be defenses available to it which are different from
or in addition to the defenses available to such indemnifying party or (ii) the indemnifying 

  
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party shall have failed within a reasonable period of time to assume such defense and the indemnified party is or is reasonably likely to be prejudiced by such delay, in either event the
indemnified party shall be promptly reimbursed by the indemnifying party for the expenses incurred in connection with retaining separate legal counsel). An indemnifying party shall not be liable for any settlement of an action or claim effected
without its consent (such consent not to be unreasonably withheld). The indemnifying party shall lose its right to defend, contest, litigate and settle a matter if it shall fail to diligently contest such matter (except to the extent settled in
accordance with the next following sentence). No matter shall be settled by an indemnifying party without the consent of the indemnified party (which consent shall not be unreasonably withheld, it being understood that the indemnified party shall
not be deemed to be unreasonable in withholding its consent if the proposed settlement (i) does not include an unconditional release of such indemnified party from all liability on any claims that are the subject matter of such action or claim,
(ii) includes any statement as to, or any admission of, fault, culpability or a failure to act by or on behalf of an indemnified party, or (iii) imposes any material obligation on the indemnified party). 

(e) Survival. The indemnification provided for under this Agreement shall remain in full force and effect regardless of any
investigation made by or on behalf of the indemnified Person and will survive the Transfer of the Registrable Securities and the termination of this Agreement. 

(f) Contribution. If recovery is not available under the foregoing indemnification provisions for any reason or reasons other than as
specified therein, any Person who would otherwise be entitled to indemnification by the terms thereof shall nevertheless be entitled to contribution with respect to any Losses with respect to which such Person would be entitled to such
indemnification but for such reason or reasons. In determining the amount of contribution to which the respective Persons are entitled, there shall be considered the Persons’ relative intent, knowledge and access to information concerning the
matter with respect to which the claim was asserted, the opportunity to correct and prevent any statement or omission, and other equitable considerations appropriate under the circumstances. It is hereby agreed that it would not necessarily be
equitable if the amount of such contribution were determined by pro rata or per capita allocation. The amount paid or payable by an indemnified party as a result of the Losses referred to herein shall be deemed to include any reasonable legal
or other expenses reasonably incurred by such indemnified party in connection with investigating or defending against any action or claim which is the subject hereof. No Person guilty of fraudulent misrepresentation (within the meaning of
Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not found guilty of such fraudulent misrepresentation. Notwithstanding the foregoing, neither Vector Capital nor Transferee thereof shall be required
to make a contribution in excess of the net amount received by such holder from its sale of Registrable Securities in connection with the offering that gave rise to the contribution obligation. 

Section 3.8 No Inconsistent Agreements. The Company will not hereafter enter into any agreement with respect to its Shares which
is inconsistent with or violates the rights granted to the holders of Registrable Securities in this Agreement. The Company shall not grant any shelf, demand, piggyback or incidental registration rights that are or senior to the rights
granted to Vector Capital hereunder to any other Person without the prior written consent of Vector Capital. 

  
 12 

 ARTICLE IV 

REPRESENTATIONS AND WARRANTIES 

Section 4.1 Representations and Warranties of VCH, L.P. 

VCH, L.P. represents and warrants to the Company that (a) VCH, L.P. is duly authorized to execute, deliver and perform this Agreement;
(b) this Agreement has been duly executed by VCH, L.P. and is a valid and binding agreement of VCH, L.P., enforceable against VCH, L.P. in accordance with its terms; (c) the execution, delivery and performance by VCH, L.P. of this
Agreement does not violate or conflict with or result in a breach of or constitute (or with notice or lapse of time or both constitute) a default under any agreement to which VCH, L.P. is a party or the organizational documents of VCH, L.P.;
(d) VCH, L.P. has good and marketable title to the Shares owned by VCH, L.P. as of the date hereof free and clear of any pledge, lien, security interest, charge, claim, equity or encumbrance of any kind, other than pursuant to this Agreement
and the Charter; and (e) other than the underwriting agreement for the IPO, VCH, L.P. is not a party to any agreement, contract or other arrangement to Transfer any of its Shares and has no present plan or intention to Transfer any of its
Shares. 
 Section 4.2 Representations and Warranties of the Company. 

(a) Authority. The Company represents and warrants to VCH, L.P. that (a) the Company is duly authorized to execute, deliver and
perform this Agreement; (b) this Agreement has been duly authorized, executed and delivered by the Company and is a valid and binding agreement of the Company, enforceable against the Company in accordance with its terms; and (c) the
execution, delivery and performance by the Company of this Agreement does not violate or conflict with or result in a breach by the Company of or constitute (or with notice or lapse of time or both constitute) a default by the Company under its
Charter, any existing applicable law, rule, regulation, judgment, order, or decree of any Governmental Entity exercising any statutory or regulatory authority of any of the foregoing, domestic or foreign, having jurisdiction over the Company or any
of its properties or assets, or any agreement or instrument to which the Company or by which any of its properties or assets may be bound. 

Section 4.3 Capital Structure. All parties represent and warrant that: 

(a) Schedule 4.3 sets forth the number and type of equity interests of VCH, L.P. that are issued and outstanding and
the record owners thereof. All of the equity interests are validly issued in accordance with the organizational documents of VCH, L.P. and were not issued in violation of (i) any preemptive or other rights of any Person to acquire securities of
VCH, L.P., or (ii) any applicable federal or state securities laws, and the rules and regulations promulgated thereunder. Except as set forth on Schedule 4.3, there are no outstanding subscriptions, options,
convertible securities, profits interests, rights, warrants, calls or agreements relating to securities of VCH, L.P. Schedule 4.3 also sets forth the relative number and type of Shares or other equity interests of the
Company that will be issued and outstanding and the record owners thereof immediately prior to the completion of the IPO. 

  
 13 

 ARTICLE V 

TERMINATION 

Section 5.1 Term. 

(a) This Agreement is contingent upon, and shall automatically become effective immediately prior to, the closing of the IPO. 

(b) The provisions of Article II shall terminate on the date on which Vector Capital no longer owns at least 5% of the Total Voting
Power. 
 (c) The provisions of Article III shall terminate upon the earlier of (i) the date on which all Registrable Securities
have been sold, or otherwise cease to be Registrable Securities, and (ii) as to Vector Capital, the date on which it Beneficially Owns less than 1% of the Total Voting Power. 

(d) The rights of Vector Capital to request a Long-Form Registration shall terminate on the date on which it no longer Beneficially Owns at
least 10% of the Total Voting Power. 
 (e) The other provisions hereof, excluding this Section 5.1(d), shall
terminate upon termination of Articles II and III, except for any obligations under Section 3.7 or any fees or expenses due hereunder that remain unreimbursed. 

ARTICLE VI 

MISCELLANEOUS 

Section 6.1 Notices. All notices, requests, consents and other communications hereunder to any party shall be deemed to be
sufficient if contained in a written instrument addressed to such party at the address or facsimile number set forth below or such other address or facsimile number as may hereafter be designated in writing by such party to the other parties, 

(a) If to the Company, to: 

Cambium Networks Corporation 

3800 Golf Road, Suite 360 

Rolling Meadows, Illinois 60008 

Attention: [•] 
 Facsimile:
(888) 863-5250 
 With a copy (which shall not constitute notice) to: 

Sidley Austin LLP 
 1001 Page
Mill Road, Building 1 
 Palo Alto, California 94304 

Attention: Martin A. Wellington 

Facsimile: (650) 565-7000 

  
 14 

 (b) If to Vector Capital, to: 

Vector Capital 
 One Market
Street 
 Steuart Tower, 23rd Floor 

San Francisco, California 94105 

Attention: [•] 
 Facsimile:
(415) 293-5100 
 the address, email and facsimile set forth in the records of the Company.

 With copies (which shall not constitute notice) to: 

[•] 
 [•] 

Attention: [•] 
 Facsimile:
[•] 
 A notice shall be deemed given (i) when delivered in person, (ii) when sent by facsimile prior to 5:00 p.m.,
local time, of the recipient on a Business Day, or otherwise on the next proceeding Business Day, or (iii) one (1) Business Day following the day sent by nationally recognized overnight courier. 

Section 6.2 Interpretation. The headings contained in this Agreement are for reference purposes only and shall not affect in any
way the meaning or interpretation of this Agreement. Whenever the words “included”, “includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words “without limitation.”

 Section 6.3 Severability. The provisions of this Agreement shall be deemed severable and the invalidity or unenforceability
of any provision shall not affect the validity or enforceability of the other provisions hereof. If any provision of this Agreement, or the application thereof to any Person or any circumstance, is found to be invalid or unenforceable in any
jurisdiction, (a) a suitable and equitable provision shall be substituted therefor in order to carry out, so far as may be valid and enforceable, the intent and purpose of such invalid or unenforceable provision and (b) the remainder of
this Agreement and the application of such provision to other Persons or circumstances shall not be affected by such invalidity or unenforceability, nor shall such invalidity or unenforceability affect the validity or enforceability of such
provision, or the application thereof, in any other jurisdiction. 
 Section 6.4 Counterparts. This Agreement may be executed in
two or more counterparts, each of which shall be deemed an original and all of which shall, taken together, be considered one and the same agreement, it being understood that all parties need not sign the same counterpart. 

  
 15 

 Section 6.5 Adjustments Upon Change of Capitalization. If, and as often as,
there is any change in the outstanding Shares, as applicable, by reason of share dividends, splits, reverse splits, spin-offs, split-ups, reclassifications, reorganizations, recapitalizations, combinations or
exchanges of shares and the like, appropriate adjustment shall be made in the provisions contained in this Agreement so as to fairly and equitably preserve, as far as practicable, the rights and obligations set forth therein that continue to be
applicable on the date of such change. 
 Section 6.6 Confidentiality. Subject to the requirements of law or regulation or legal
process, each party hereto shall hold in confidence all non-public information regarding the Company and, if this Agreement is terminated, Vector Capital shall deliver to the Company all documents, work papers
and other materials containing any such non-public information. 
 Section 6.7 Entire
Agreement; No Third Party Beneficiaries. This Agreement (a) constitutes the entire agreement and supersedes all other prior agreements, both written and oral, among the parties with respect to the subject matter hereof and (b) is not
intended to confer upon any Person, other than the parties hereto, except as provided in Section 3.7, any rights or remedies hereunder. 

Section 6.8 Further Assurances. Each party shall execute, deliver, acknowledge and file such other documents and take such further
actions as may be reasonably requested from time to time by the other parties hereto to give effect to and carry out the transactions contemplated herein. 

Section 6.9 Rule 144. 

(a) With a view to making available to the holders of Registrable Securities the benefits of Rule 144 under the Securities Act, the
Company shall: 
 (i) make and keep public information available, as those terms are understood and defined in Rule 144 under the
Securities Act; 
 (ii) use commercially reasonable efforts to file with the SEC in a timely manner all reports and other documents
required of the Company under the Exchange Act, at any time after the Company has become subject to such reporting requirements; and 

(iii) furnish to any holder so long as the holder owns Registrable Securities, promptly upon request, a written statement by the Company as
to its compliance with the reporting requirements of Rule 144 under the Securities Act and of the Exchange Act, a copy of the most recent annual or quarterly report of the Company, and such other reports and documents so filed or furnished by
the Company as such holder may request in connection with the sale of Registrable Securities without registration. 
 Section 6.10
Governing Law; Equitable Remedies. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE CAYMAN ISLANDS (WITHOUT GIVING EFFECT TO CONFLICT OF LAWS PRINCIPLES THEREOF). The parties hereto agree that irreparable
damage would occur in the event that any of the provisions of this Agreement were not performed in accordance with its specific terms or was otherwise breached. It is accordingly agreed that the parties hereto shall be

  
 16 

 
entitled to an injunction or injunctions and other equitable remedies to prevent breaches of this Agreement and to enforce specifically the terms and provisions hereof in any of the court of
competent jurisdiction, this being in addition to any other remedy to which they are entitled at law or in equity. Any requirements for the securing or posting of any bond with respect to such remedy are hereby waived by each of the parties hereto.
Each party further agrees that, in the event of any action for an injunction or other equitable remedy in respect of such breach or enforcement of specific performance, it will not assert the defense that a remedy at law would be adequate. 

Section 6.11 Amendments; Waivers. 

(a) Except as provided below, no provision of this Agreement may be amended, modified or waived unless such amendment, modification or waiver
is in writing and signed by the Company and Vector Capital. No termination, waiver or amendment of the Agreement by the Company shall be effective unless it is approved by a majority of the Directors who are
non-Affiliate nominees. 
 (b) No failure or delay by any party in exercising any right, power or
privilege hereunder shall operate as waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege; provided, that any party may waive (in
whole or in part) any of its rights under this Agreement; provided, further, that any such waiver shall only be valid if set forth in an instrument in writing signed by the party to be bound thereby. The rights and remedies herein
provided shall be cumulative and not exclusive of any rights or remedies provided by law. 
 Section 6.12 Assignment. Except by
operation of law or with respect to the Transfer of Shares to a Permitted Transferee, neither this Agreement nor any of the rights or obligations hereunder shall be assigned by any of the parties hereto without the prior written consent of the
Company and Vector Capital. Subject to the preceding sentence, this Agreement will be binding upon, inure to the benefit of and be enforceable by the parties and their respective successors and assigns. 

Section 6.13 Third Party Rights. Any Vector Capital Indemnified Person and Company Indemnified Person not being a party to this
Agreement, may enforce any rights granted to it pursuant to this Agreement in its own right as if it was a party to this Agreement. Except as expressly provided in the immediately preceding sentence, a person who is not a party to this Agreement
shall not have any rights under the Contracts (Rights of Third Parties) Law, 2014 (as amended) to enforce any term of this Agreement. Notwithstanding any term of this Agreement, the consent of or notice to any person who is not a party to this
Agreement shall not be required for any termination, rescission or agreement to any variation, waiver, assignment, novation, release or settlement under this Agreement at any time. 

[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK.] 

  
 17 

 IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed as a deed and
delivered, all on the date first set forth above. 
  

	
	THE COMPANY:
	
	CAMBIUM NETWORKS CORPORATION
	
	   

	BY:
	NAME:
	TITLE:
	
	WITNESS:
	
	   

	BY:
	NAME:
	TITLE:

 Cambium Networks Corporation – Shareholder Agreement 

 IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed as a deed and
delivered, all on the date first set forth above. 
  

			
	VECTOR CAPITAL:
	
	VECTOR CAMBIUM HOLDINGS (CAYMAN), L.P.
		
	BY:	 	VECTOR CAPITAL PARTNERS IV, L.P.
ITS GENERAL PARTNER, acting through its general partners:

  

	
	VECTOR CAPITAL, L.L.C.
	
	   

	BY:
	NAME:
	TITLE:
	
	VECTOR CAPITAL, LTD.
	
	   

	BY:
	NAME:
	TITLE:

 Cambium Networks Corporation – Shareholder Agreement 

 
	
	WITNESS:
	
	   

	BY:
	NAME:
	TITLE:

 Cambium Networks Corporation – Shareholder Agreement 

 SCHEDULE 4.3 

Capital Structure of VCH, L.P. 
  

					
	 Holder
	  	Number of equity interests	  	Type of equity interestsEX-10.15

 Exhibit 10.15 

CAMBIUM NETWORKS CORPORATION 

EMPLOYEE SHARE PURCHASE PLAN 

Effective ________, 2019 
 1.
Purpose. The purpose of the Cambium Networks Corporation Employee Share Purchase Plan (this “Plan”) is to provide Eligible Employees with a convenient means of acquiring an equity interest in the Company through payroll
deductions or other contributions in order to enhance such employees’ sense of participation in the affairs of the Company. This Plan shall apply to Offering Periods beginning on or after the effective date of the initial public offering of the
Company’s Ordinary Shares (the “IPO”), as determined by the Administrator (as defined below). 
 This Plan includes
two components: (a) a component intended to qualify as an “employee stock purchase plan” under Section 423 of the Code (the “423 Component”), the provisions of which shall be construed so as to extend and
limit participation in a uniform and nondiscriminatory manner consistent with the requirements of Section 423 of the Code; and (b) a component that does not qualify as an “employee stock purchase plan” under Section 423 of
the Code (the “Non-423 Component”), under which options shall be granted pursuant to rules, procedures or sub-plans adopted by the Administrator
designed to achieve tax, securities laws or other objectives for Eligible Employees, the Company and its Participating Subsidiaries and Participating Affiliates. Except as otherwise provided in this Plan, the
Non-423 Component will operate and be administered in the same manner as the 423 Component. 
 A
total of 550,000 Ordinary Shares are initially reserved for issuance under this Plan. Beginning in 2020, such number is subject to an annual increase on the first day of each fiscal year equal to the lesser of: (i) 275,000 Ordinary Shares;
(ii) one percent of the outstanding Ordinary Shares as of the last day of the immediately preceding fiscal year; and (iii) such other amount as the Administrator may determine. The number of shares reserved for issuance under this Plan
shall also be subject to adjustments effected in accordance with Section 13 of this Plan. 
 2. Definitions. 

Administrator means the Compensation Committee of the Board, provided that the Board may determine to administer the Plan, and in such
case any references to the Administrator in the Plan shall be taken to be references to the Board. 
 Affiliate means (a) any
entity that, directly or indirectly, is controlled by, controls, or is under common control with the Company and (b) any entity in which the Company has a significant equity interest, in either case as determined by the Administrator, whether
now or hereafter existing (including any Subsidiary). 
 Board means the Board of Directors of the Company. 

Code means the Internal Revenue Code of 1986, as amended. 

Company means Cambium Networks Corporation, an exempted company incorporated with limited liability under the laws of the Cayman
Islands, or any successor thereto. 
 Compensation means the following forms of cash remuneration earned or payable to a participant
by the Company, a Participating Subsidiary or a Participating Affiliate during the applicable Offering Period: base wages; salary; overtime (including pay in lieu of meal time); performance or merit bonuses; commissions; shift differentials;
language differentials; payments for paid time off and holidays; 

  
 1 

 
sabbatical pay; travel pay; retroactive pay; on-call/standby pay; hazard pay; bereavement pay; jury/witness duty pay; pay during a period of suspension;
military leave pay; compensation deferred pursuant to Section 401(k) or Section 125 of the Code; distributions under any nonqualified deferred compensation plan; retention bonuses; or any other compensation or remuneration approved as
“compensation” by the Administrator in accordance with Section 423 of the Code. For purposes of this Plan, “Compensation” shall not include forms of compensation or remuneration that are not included or covered by the
preceding sentence, including the following: moving allowances; automobile allowances; gross-up payments; compensation deferred under any nonqualified deferred compensation plan; payments pursuant to a
severance plan, agreement or arrangement; payments during a garden leave or other notice period preceding termination of employment; equalization payments; termination pay (including the payout of accrued vacation time in connection with any such
termination); relocation allowances; expense reimbursements; meal allowances; commuting allowances; geographical hardship pay; any payments (such as guaranteed bonuses in certain foreign jurisdictions) with respect to which salary reductions are not
permitted by the laws of the applicable jurisdiction); sign-on bonuses; nonqualified executive compensation; any amounts directly or indirectly paid pursuant to this Plan or any other share-based plan,
including without limitation any share option, share purchase, restricted share, restricted share unit, deferred share unit, or similar plan, of the Company or any Affiliate, or cash paid in lieu of any such awards; or any other compensation or
remuneration determined not to be “compensation” by the Administrator in accordance with Section 423 of the Code. The Administrator, in its sole discretion, may, on a uniform and nondiscriminatory basis for each Offering, establish a
different definition of Compensation for a subsequent Offering. Further, the Administrator shall have discretion to determine the application of this definition to participants on payrolls outside the United States. 

Eligible Employee means any individual who is treated as an employee in the records of the Company or any Participating Subsidiary
or Participating Affiliate, in each case regardless of any subsequent reclassification by the Company or by any Participating Subsidiary or Participating Affiliate, any governmental agency, or any court, and subject to the qualifications set forth
in section 4. 
 Equity Restructuring means a non-reciprocal transaction (i.e., a
transaction in which the Company does not receive consideration or other resources in respect of the transaction approximately equal to and in exchange for the consideration or resources the Company is relinquishing in such transaction) between the
Company and its shareholders, such as a share split, spin-off, rights offering, nonrecurring stock dividend or recapitalization through a large, nonrecurring cash dividend, that affects the Ordinary Shares (or
other securities of the Company) or the share price of Ordinary Shares (or other securities) and causes a change in the per share value of Ordinary Shares underlying outstanding options. 

ESPP Brokerage Accounts means a brokerage account established for a participant at a Company-designated brokerage firm. 

Fair Market Value on or as of any date means the “NASDAQ Official Closing Price” (as defined on www.nasdaq.com) (or such
substantially similar successor price thereto) for an Ordinary Share as reported on www.nasdaq.com (or a substantially similar successor website) on the relevant valuation date or, if no NASDAQ Official Closing Price is reported on such date, on the
preceding day on which a NASDAQ Official Closing Price was reported; or, if the Ordinary Shares are no longer listed on NASDAQ, the closing price for Ordinary Shares as reported on the official website for such other exchange on which the Ordinary
Shares are listed. 
 Offering means an offer of an option under the Plan. 

Offering Date means the first business day of each Offering Period. 

  
 2 

 Offering Period means every six (6) month period beginning each June 1 and
December 1 or such other period designated by the Administrator; provided that in no event shall an Offering Period exceed twenty-seven (27) months. 

Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company, and all rights appurtenant thereto. 

Participating Affiliate means any Affiliate designated by the Administrator as eligible to participate in the Non-423 Component. 
 Participating Subsidiary means any Subsidiary designated by the Administrator
as eligible to participate in the 423 Component. 
 Purchase Date means the last business day of each Offering Period. 

Purchase Price shall be the lesser of (i) 85% of the Fair Market Value of an Ordinary Share on the Offering Date for such Offering
Period or (ii) 85% of the Fair Market Value of an Ordinary Share on the Purchase Date for such Offering Period; provided, however, that the Administrator may determine a different per share Purchase Price provided that such per share Purchase Price
is communicated to participants prior to the beginning of the Offering Period and provided that in no event shall such per share Purchase Price be less than the lesser of (i) 85% of the Fair Market Value of an Ordinary Share on the applicable
Offering Date or (ii) 85% of the Fair Market Value of an Ordinary Share on the Purchase Date. 
 Subsidiary means a “subsidiary
corporation” of the Company, whether now or hereafter existing, as such term is defined in Section 424(f) of the Code. 
 3. Administration.

 (a) Subject to the provisions of the Plan, the Administrator shall administer the Plan and shall have exclusive authority, in its sole
discretion, to determine all matters relating to options granted under the Plan, including, without limitation, the authority to: (i) construe, interpret, reconcile any inconsistency in, correct any default in, supply any omission in, and apply
the terms of, the Plan and any subscription agreement or other instrument or agreement relating to the Plan; (ii) adjudicate all disputed claims filed under the Plan (including making factual determinations); (iii) determine the terms and
conditions of any Offering and any option under the Plan; (iv) establish, amend, suspend, or waive such rules and regulations and appoint such agents as it shall deem appropriate for the proper administration of the Plan; and (v) make any
other determination and take any other action that the Administrator deems necessary or desirable for the administration of the Plan. 
 (b)
The Administrator shall have exclusive authority, in its sole discretion, to (i) designate separate Offerings under the Plan; (ii) determine which entities shall be Participating Subsidiaries or Participating Affiliates;
(iii) determine who is an Eligible Employee; (iv) change the length and duration of Offering Periods; (v) limit the frequency and number of changes in the amount deducted or contributed during an Offering Period; (vi) permit
payroll deductions or other contributions in excess of the amount designated by a participant in the Plan in order to adjust for administrative errors in the Company’s processing of properly submitted subscription agreements and/or changes in
contribution amounts; (vii) establish reasonable waiting and adjustment periods and/or accounting and crediting procedures to ensure that amounts applied toward the purchase of 

  
 3 

 
Ordinary Shares for each Plan participant properly correspond with payroll deductions or other contribution amounts; and (viii) establish such other limitations or procedures as the
Administrator determines in its sole discretion advisable that are consistent with the Plan. 
 (c) Further, the Administrator may adopt such
rules, procedures and sub-plans as are necessary or appropriate to permit the participation in the Plan by Eligible Employees who are citizens or residents of a non-U.S.
jurisdiction and/or employed outside the United States, the terms of which sub-plans may take precedence over other provisions of this Plan, with the exception of the provision in Section 1 above setting
forth the number of Ordinary Shares reserved for issuance under the Plan, but unless otherwise superseded by the terms of such sub-plan, the provisions of this Plan shall govern the operation of such sub-plan. To the extent inconsistent with the requirements of Section 423, any such sub-plan shall be considered part of the
Non-423 Component, and rights granted thereunder shall not be required by the terms of the Plan to comply with Section 423 of the Code. Without limiting the generality of the foregoing, the Administrator
is specifically authorized to adopt rules and procedures regarding eligibility to participate, the application of the definition of Compensation to participants on payrolls outside of the United States, handling of payroll deductions and other
contributions, taking of payroll deductions and making of other contributions to the Plan, establishment of bank or trust accounts to hold contributions, payment of interest, establishment of the exchange rate applicable to payroll deductions taken
and other contributions made in a currency other than U.S. dollars, obligations to pay payroll tax, determination of beneficiary designation requirements, tax withholding procedures, and handling of stock certificates that vary with applicable local
requirements. 
 (d) The Administrator’s interpretation of the Plan and its rules and regulations, and all actions taken and
determinations made by the Administrator pursuant to the Plan, shall be conclusive and binding on all parties involved or affected. The Administrator may delegate its duties and authority to such of the Company’s officers or employees as it so
determines. 
 4. Eligibility. 
 (a)
Unless otherwise provided in this Section 4 and subject to the requirements of Section 6, any Eligible Employee on a given Offering Date shall be eligible to participate in the Plan. 

(b) For purposes of this Plan, the employment relationship shall be treated as continuing intact while the individual is on military or sick
leave or other bona fide leave of absence approved by the Company or the applicable Participating Subsidiary or Participating Affiliate so long as the leave does not exceed three (3) months or, if longer than three (3) months, the
individual’s right to reemployment is provided by statute or has been agreed to by contract or in a written policy of the Company or the applicable Participating Subsidiary or Participating Affiliate that provides for a right of reemployment
following the leave of absence. 
 (c) Notwithstanding the foregoing, for all options to be granted on an Offering Date, the definition of
Eligible Employee will not include an individual who (i) is not employed by the Company or a Participating Subsidiary or Participating Affiliate, as applicable, ten 10 business days before the beginning of such Offering Period; and/or
(ii) would, immediately after the grant, own Ordinary Shares possessing five percent (5%) or more of the total combined voting power or value of all classes of our capital stock. 

  
 4 

 (d) The Administrator, in its sole discretion, from time to time, may, prior to an Offering
Date for all options to be granted on such Offering Date, determine (on a uniform and nondiscriminatory basis or as otherwise permitted by U.S. Treasury Regulation Section 1.423-2 for options granted
under the 423 Component) that the definition of Eligible Employee shall or shall not include an individual who (i) has not completed at least two (2) years of service (or a lesser period of time determined by the Administrator); (ii)
customarily works twenty (20) hours or less per week (or a lesser period of time as may be determined by the Administrator); (iii) customarily works not more than five (5) months per calendar year (or a lesser period of time as may be
determined by the Administrator); (iv) is a highly compensated employee within the meaning of Section 414(q) of the Code; or (v) is a highly compensation employee within the meaning of Section 414(q) of the Code with compensation
above a certain level or is an officer or subject to disclosure requirements under Section 16(a) of the Exchange Act. Under the 423 Component, such exclusions shall be applied with respect to an Offering in a manner complying with U.S. Treasury
Regulation Section 1.423-2(e)(2)(ii). 
 (e) In the case of the 423 Component, Eligible
Employees who are citizens or residents of a non-U.S. jurisdiction (without regard to whether they also are citizens or residents of the United States or resident aliens within the meaning of
Section 7701(b)(1)(A) of the Code) may be excluded from participation in the Plan or an Offering if the participation of such Eligible Employees is prohibited under the laws of the applicable jurisdiction or if complying with the laws of the
applicable jurisdiction would cause the Plan or an Offering to violate Section 423 of the Code (or to the extent such exclusion is permitted under Section 423 of the Code). In the case of the Non-423
Component, Eligible Employees may be excluded from participation in the Plan or an Offering if the Administrator has determined that participation of such Eligible Employees is not advisable or practicable. 

(f) A participant in the Plan shall cease to be an Eligible Employee upon termination of employment (as further described in Section 11
below), upon the entity employing such participant during an Offering Period ceasing to be an Affiliate, or upon the participant transferring to an Affiliate that is not a Participating Subsidiary or Participating Affiliate. 

5. Offerings; Offering Periods. 
 (a)
Unless otherwise specified by the Administrator, each Offering to the Eligible Employees of the Company, a Participating Subsidiary, or a Participating Affiliate shall be deemed a separate Offering (the terms of which Offering under the Non-423 Component need not be identical), even if the dates and other terms of the separate Offerings are identical and the provisions of the Plan shall separately apply to each Offering. To the extent permitted by
U.S. Treasury Regulation Section 1.423-2(a)(1), the terms of each separate Offering under the 423 Component need not be identical, provided that the terms of the Plan and an Offering together satisfy U.S.
Treasury Regulation Section 1.423-2(a)(2) and (a)(3). 
 (b) The Administrator shall have the
power to change the duration of Offering Periods with respect to Offerings without shareholder approval if such change is announced at least fifteen (15) days prior to the scheduled beginning of the first Offering Period to be affected.
Notwithstanding the foregoing, the Administrator may establish other Offering Periods in addition to those described above, which shall be subject to any specific terms and conditions that the Administrator approves, including requirements with
respect to eligibility, participation, the establishment of Purchase Dates, and other rights under any such offering. A participant may be enrolled in only one Offering Period at a time. 

  
 5 

 6. Participation in this Plan. 

(a) An Eligible Employee may become a participant in the Plan by completing, within five (5) business days prior to the applicable
Offering Date (or such other time frame set forth by the Administrator), a subscription agreement (through the Company’s online Plan enrollment process or in paper form if required by the Administrator) and any other forms required by the
Administrator and by following any other procedures for enrollment in the Plan as may be established by the Administrator. 
 (b) Once an
Eligible Employee becomes a participant in the Plan, the Eligible Employee will automatically participate in each succeeding Offering Period unless (i) he or she withdraws or is deemed to withdraw from this Plan or terminates further
participation in the Offering Period as set forth in Section 10 below, or (ii) ceases to be an Eligible Employee. Any such participant is not required to complete any additional subscription agreement, form, or procedure in order to
continue participation in this Plan, unless requested by the Administrator for legal or administrative reasons. 
 (c) If a participant in
the Plan transfers employment between the Company and a Participating Subsidiary or between Participating Subsidiaries, his or her participation in the Plan shall continue unless and until otherwise terminated in accordance with the Plan. Similarly,
if a participant in the Plan transfers employment between Participating Affiliates, his or her participation in the Plan shall continue unless and until otherwise terminated in accordance with the Plan. If a participant in the Plan transfers
employment (i) from the Company or a Participating Subsidiary to a Participating Affiliate or (ii) from a Participating Affiliate to the Company or a Participating Subsidiary, he or she shall be deemed to withdraw from the Plan as of the
transfer date and shall have his or her accumulated payroll deductions refunded to him or her (without interest, subject to Section 8(d) below) as soon as practicable following the transfer. Such former participant shall be entitled to re-enroll in the Plan as of the next Offering Period, provided that he or she is an Eligible Employee at that time, completes a subscription agreement, and follows the procedures set forth in Section 6(a)
above. Notwithstanding the foregoing provisions of this Section 6(c), the Administrator may establish additional and/or different rules to govern transfers of employment among the Company and any Participating Subsidiary or Participating
Affiliate, consistent with the applicable requirements of Code Section 423 and the terms of the Plan. 
 7. Grant of Option. On the
Offering Date of each Offering Period, and subject in all cases to the provisions of the Plan, each participant in the Plan shall be granted an option to purchase on the applicable Purchase Date for the Offering Period at the Purchase Price for up
to that number of Ordinary Shares determined by dividing the amount accumulated in such participant’s payroll deduction or other contribution account during such Offering Period by the Purchase Price, subject to the limitations as provided
in Section 9(a). 
 8. Payment of Purchase Price; Changes in Payroll Deductions; Issuance of Shares. 

(a) The Purchase Price of the Ordinary Shares shall be paid for by means of payroll deductions taken from the participant’s Compensation
during each Offering Period. Except as set forth in this Section 8, the amount of payroll deductions to be taken from a participant’s Compensation shall be determined by the Eligible Employee at the time of completing the subscription
agreement and enrolling in the Plan as described in Section 6(a) above. 

  
 6 

 Notwithstanding the foregoing or any provisions to the contrary in the Plan,
the Administrator may allow participants to make other contributions under the Plan via cash, check, or other means instead of payroll deductions if payroll deductions are not permitted under applicable local law, and for any Offering under the 423
Component, the Administrator determines that such other contributions are permissible under Section 423 of the Code. 

The payroll deductions or other contributions are made as a percentage of the participant’s Compensation in one percent
increments and shall not be less than one percent (1%), nor greater than fifteen percent (15%) or such lower limit set by the Administrator. The Administrator shall determine whether the amount to be contributed is to be designated as a
specific dollar amount, or as a percentage of the eligible Compensation being paid on such payday, or as either, and may also establish a minimum percentage or amount for such contributions. 

Payroll deductions shall commence on the first payday of the Offering Period and shall continue to the end of the Offering
Period unless sooner altered or terminated as provided in this Plan. Other contributions shall be made at the time and in the manner prescribed by the Administrator for the option and/or Offering under which other contributions are permitted
pursuant to foregoing provisions of this section. 
 (b) A participant may increase or decrease the rate of payroll deductions or other
contributions during an Offering Period by completing a new authorization for payroll deductions or other contributions (through the Company’s online Plan process or in paper form if required by the Administrator) and/or any other forms
required by the Administrator and by following any other procedures as may be established by the Administrator, in which case the new rate shall become effective as soon as administratively practicable after the participant elects such change and
shall continue for the remainder of the Offering Period unless changed as described below. Such change in the rate of payroll deductions or other contributions may be made at any time during an Offering Period, but not more than one (1) change
may be made effective during any Offering Period. 
 A participant may increase or decrease the rate of payroll deductions or
contributions for any subsequent Offering Period by completing a new authorization for payroll deductions or other contributions (through the Company’s online Plan process or in paper form if required by the Administrator) and/or any other
forms required by the Administrator and by following any other procedures as may be established by the Administrator, not later than fifteen (15) business days before the beginning of such Offering Period or within such other time frame set
forth by the Administrator. 
 (c) A participant may reduce his or her payroll deductions or contributions percentage to zero during an
Offering Period by submitting to the Company a request for cessation of payroll deductions or other contributions (through the Company’s online Plan process or in paper form if required by the Administrator) and/or any other forms required by
the Administrator and by following any other procedures as may be established by the Administrator. Such reduction shall be effective as soon as administratively practicable after the Participant elects such reduction, and no further payroll
deductions or contributions shall be made for the duration of the Offering Period. Payroll deductions or contributions credited to the participant’s account prior to the effective date of the request shall be used to purchase Ordinary Shares in
accordance with Section 8(e) below. A participant may not resume making payroll deductions or other contributions during the Offering Period in which he or she reduced his or her payroll deductions or other contributions to zero. 

  
 7 

 (d) A participant’s payroll deductions or other contributions shall be credited to an
account maintained on such participant’s behalf under this Plan. All payroll deductions or other contributions shall be deposited with the general funds of the Company and may be used by the Company for any corporate purpose, and the Company
shall not be obligated to segregate such payroll deductions or other contributions, unless otherwise required by the laws of the jurisdiction where the payroll deductions are taken or other contributions are made, as determined by the Administrator.
No interest shall accrue on the payroll deductions or other contributions, unless otherwise required by the laws of the jurisdiction where the payroll deductions are taken or other contributions are made, as determined by the Administrator. 

(e) On the Purchase Date, so long as this Plan remains in effect and provided that the participant has not withdrawn from the Offering Period
in accordance with the requirements of Section 10(a), the Company shall apply the funds then in the participant’s account to the purchase at the Purchase Price of whole Ordinary Shares reserved under the option granted to such participant
with respect to the Offering Period to the extent that such option is exercisable on the Purchase Date. Any cash remaining in a participant’s account after such purchase of shares shall be refunded to such participant in cash, without interest
(subject to Section 8(d) above); provided, however, that any amount remaining in such participant’s account on a Purchase Date that is less than the amount necessary to purchase a full Ordinary Share shall be
carried forward, without interest (subject to Section 8(d) above), into the next Offering Period and in the locations where the Administrator has determined that such rollover is available under the Plan, as the case may be. In the event that
this Plan has been oversubscribed, all funds not used to purchase shares on the Purchase Date shall be returned to the participant, without interest (subject to Section 8(d) above). No Ordinary Shares shall be purchased on a Purchase Date on
behalf of any employee whose participation in this Plan has terminated prior to such Purchase Date. 
 (f) Subject to Section 8(g)
below, as promptly as practicable after the Purchase Date, the Company shall deliver shares representing the shares purchased by the participant upon exercise of his or her option to the participant’s ESPP Brokerage Account. The Company may
require that, except as otherwise provided below, the deposited shares may not be transferred (either electronically or in certificate form) from the ESPP Brokerage Account until the later of the following two periods: (i) the end of the two
(2)-year period measured from the Offering Date for the Offering Period in which the shares were purchased and (ii) the end of the one (1)-year period measured from the Purchase Date on which the shares were purchased. Such limitation shall
apply both to transfers to different accounts with the same ESPP broker and to transfers to other brokerage firms. Any shares held for the required holding period may be transferred (either electronically or in certificate form) to other
accounts or to other brokerage firms. The foregoing procedures shall not in any way limit when the participant may dispose of his or her shares. Those procedures are designed solely to assure that any disposition of shares prior to the
satisfaction of the required holding period is made through the ESPP Brokerage Account. In addition, the participant may request a stock certificate or share transfer from his or her ESPP Brokerage Account prior to the satisfaction of the
required holding period should the participant wish to make a gift of any shares held in that account. However, shares may not be transferred (either electronically or in certificate form) from the ESPP Brokerage Account for use as collateral
for a loan, unless those shares have been held for the required holding period. 
 (g) At the time the option is exercised or at the time
some or all of the Ordinary Shares issued under the Plan are disposed of (or at any other time that a taxable event related to the Plan occurs), the Plan participant must make adequate provision for any withholding obligation of the

  
 8 

 
Company or a Participating Subsidiary or a Participating Affiliate with respect to federal, state, local, and foreign income tax, social insurance, payroll tax, fringe benefits tax, payment on
account, or other tax-related items related to participation in the Plan and legally applicable to participant (including any amount deemed by the Company, in its sole discretion, to be an appropriate charge
to Participant even if legally applicable to the Company or the participant’s employer). At any time, the Company or the participant’s employer may, but shall not be obligated to, withhold from the participant’s wages or other cash
compensation the amount necessary for the Company or the participant’s employer to meet applicable withholding obligations, including any withholding required to make available to the Company or the participant’s employer any tax
deductions or benefits attributable to sale or early disposition of Ordinary Shares by the participant. In addition, the Company or the participant’s employer may, but shall not be obligated to, withhold from the proceeds of the sale of
Ordinary Shares or by any other method of withholding the Company or the participant’s employer deems appropriate. 
 (h) During a
participant’s lifetime, his or her option to purchase shares hereunder is exercisable only by him or her. The participant will have no interest or voting right in shares covered by his or her option until such option has been exercised and the
purchased shares are issued or transferred to the participant. 
 9. Limitations on Shares to be Purchased. 

(a) No participant shall be entitled to purchase Ordinary Shares under this Plan at a rate that, when aggregated with his or her rights to
purchase shares under all other employee stock purchase plans of the Company or any Subsidiary, exceeds $25,000 in Fair Market Value, determined as of the Offering Date (or such other limit as may be imposed by the Code) for each calendar year in
which any option granted to the participant is outstanding at any time. The Company shall automatically suspend the payroll deductions or other contributions of any participant as necessary to enforce such limit, provided that when the Company
automatically resumes making such payroll deductions or accepting contributions, the Company shall apply the rate in effect immediately prior to such suspension. 

(b) No participant shall be entitled to purchase more than the Maximum Share Amount (as defined below) on any single Purchase Date. Not less
than thirty (30) days prior to the commencement of any Offering Period, the Administrator may, in its sole discretion, set a maximum number of shares which may be purchased by any employee at any single Purchase Date (hereinafter the
“Maximum Share Amount”). Until otherwise determined by the Administrator, the Maximum Share Amount shall be 5,000 shares (subject to any adjustment pursuant to Section 13). If a new Maximum Share Amount is set, then all
participants shall be notified of such Maximum Share Amount prior to the commencement of the next Offering Period 
 (c) If the number of
shares to be purchased on a Purchase Date by all employees participating in this Plan exceeds the number of shares then available for issuance under this Plan, then the Company will make a pro rata allocation of the remaining shares in as uniform a
manner as shall be reasonably practicable and as the Administrator shall determine to be equitable. In such event, the Company shall provide notice of such reduction of the number of shares to be purchased under a participant’s option to each
participant affected. 
 (d) Any funds accumulated in a participant’s account that are not used to purchase Ordinary Shares due to the
limitations in this Section 9 shall be returned to the participant as soon as practicable after the end of the applicable Offering Period, without interest (subject to Section 8(d) above). 

  
 9 

 10. Withdrawal. 

(a) Each participant may withdraw from an Offering Period under this Plan by completing a notice of withdrawal (through the Company’s
online Plan process or in paper form if required by the Administrator) and/or any other forms required by the Administrator and by following any other procedures for withdrawal from the Plan as may be established by the Administrator, at least
fifteen (15) business days prior to the end of an Offering Period or within such other time frame set forth by the Administrator. 
 (b)
Upon withdrawal from this Plan, the accumulated payroll deductions shall be returned to the withdrawn participant, without interest (subject to Section 8(d) above), and his or her interest in this Plan shall terminate. In the event a
participant voluntarily elects to withdraw from this Plan, he or she may not resume his or her participation in this Plan during the same Offering Period, but he or she may participate in any Offering Period under this Plan that commences on a date
subsequent to such withdrawal by completing a subscription agreement in the same manner as set forth in Section 6 above for initial participation in this Plan. 

11. Termination of Employment. Termination of a participant’s employment for any reason, including retirement, death, or the failure of a
participant to remain an Eligible Employee immediately terminates his or her participation in this Plan. For purposes of this Plan, a participant’s employment will be considered terminated as of the date that participant is no longer actively
providing services as an employee and will not be extended by any notice period (i.e., active service would not include any contractual notice period or any period of “garden leave” or similar period mandated under employment laws in
the jurisdiction where participant is employed or the terms of participant’s employment agreement, if any, but is not actively providing services). The Administrator shall have the exclusive discretion to determine when the participant is no
longer actively providing services for purposes of participation in the Plan. In such event, the funds credited to the participant’s account will be returned to him or her or, in the case of his or her death, to his or her legal representative,
without interest (subject to Section 8(d) above). 
 12. Return of Payroll Deductions and Other Contributions. In the event a
participant’s interest in this Plan is terminated by withdrawal, termination of employment, or otherwise, or in the event this Plan is terminated pursuant to Section 24, the Company shall deliver to the participant all payroll deductions
or other contributions credited to such participant’s account, without interest (subject to Section 8(d) above). 
 13. Capital Changes.

 (a) In the event that any dividend or other distribution, reorganization, merger, consolidation, combination, repurchase, or exchange
of Ordinary Shares or other securities of the Company, or other change in the corporate structure of the Company affecting Ordinary Shares (other than an Equity Restructuring) occurs such that an adjustment is determined by the Administrator (in its
sole discretion) to be appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan, then the Administrator shall, in such manner as it may deem equitable, adjust the
number and class of Ordinary Shares that have been authorized for issuance under this Plan but have not yet been placed under option, the Maximum Share Amount, the number and class of Ordinary Shares covered by each outstanding option, and the
purchase price per share of Ordinary Shares covered by each option which has not yet been exercised. 

  
 10 

 (b) In connection with the occurrence of any Equity Restructuring, and notwithstanding
anything to the contrary in Section 13(a), the number and type of securities subject to each outstanding option and the price per share thereof, if applicable, will be equitably adjusted by the Administrator. The adjustments provided under this
Section 13(b) shall be nondiscretionary and shall be final and binding on the affected participants and the Company. 
 (c) In the event
of the proposed dissolution or liquidation of the Company, the Offering Period will terminate immediately prior to the consummation of such proposed action, unless otherwise provided by the Administrator. The Administrator may, in the exercise of
its sole discretion in such instances, declare that this Plan shall terminate as of a date fixed by the Administrator and give each participant the right to purchase shares under this Plan prior to such termination. 

(d) In the event of (i) a merger or consolidation in which the Company is not the surviving corporation (other than a merger or
consolidation with a wholly-owned subsidiary, a reincorporation of the Company in a different jurisdiction, or other transaction in which there is no substantial change in the shareholders of the Company or their relative share holdings and the
options under this Plan are assumed, converted or replaced by the successor corporation, which assumption will be binding on all participants), (ii) a merger in which the Company is the surviving corporation but after which the shareholders of
the Company immediately prior to such merger (other than any shareholder that merges, or which owns or controls another corporation that merges, with the Company in such merger) cease to own their shares or other equity interest in the Company,
(iii) the sale of all or substantially all of the assets of the Company or (iv) the acquisition, sale, or transfer of more than 50% of the outstanding shares of the Company by tender offer or similar transaction, unless otherwise provided
by the Administrator in its sole discretion, the Plan will continue with regard to Offering Periods that commenced prior to the closing of the proposed transaction and shares will be purchased based on the Fair Market Value of the surviving
corporation’s stock on each Purchase Date. The Administrator may, in the exercise of its sole discretion in such instances, declare that this Plan shall terminate as of a date fixed by the Administrator and give each participant the right to
purchase shares under this Plan prior to such termination. 
 14. Nonassignability. Neither payroll deductions or other contributions credited
to a participant’s account nor any rights with regard to the exercise of an option or to receive shares under this Plan may be assigned, transferred, pledged, or otherwise disposed of in any way (other than by will, the laws of descent and
distribution, or as provided in Section 18 below) by the participant. Any such attempt at assignment, transfer, pledge or other disposition shall be void and without effect. 

15. Notice of Disposition. If the shares purchased in any Offering Period are not in the participant’s Company share plan account,
each participant shall notify the Company in writing if the participant disposes of any of the shares purchased in any Offering Period pursuant to this Plan if such disposition occurs within two (2) years from the Offering Date or within one
(1) year from the Purchase Date on which such shares were purchased (the “Notice Period”). The Company may, at any time during the Notice Period, place a legend or legends on any certificate representing shares acquired
pursuant to this Plan requesting the Company’s transfer agent to notify the Company of any transfer of the shares. The obligation of the participant to provide such notice shall continue notwithstanding the placement of any such legend on the
certificates. 
 16. No Rights to Continued Employment. Neither this Plan nor the grant of any option hereunder shall confer any right on
any employee to remain in the employ of the Company or any Participating Subsidiary or Participating Affiliate, or restrict the right of the Company or any Participating Subsidiary or Participating Affiliate to terminate such employee’s
employment. 

  
 11 

 17. Notices. All notices or other communications by a participant to the Company under or
in connection with this Plan shall be deemed to have been duly given when received in the form specified by the Company at the location, or by the person, designated by the Company for the receipt thereof. 

18. Death of Participant. In the event of the death of a participant, the Company shall deliver the shares or cash, if any, credited to the
participant’s account to the executor or administrator of the estate of the participant, or if no such executor or administrator has been appointed (to the knowledge of the Company), the Company, in its sole discretion, may deliver such shares
or cash to the spouse or to any one or more dependents or relatives of the participant, or if no spouse, dependent, or relative is known to the Company, then to such other person as the Company may designate. 

19. Conditions upon Issuance of Shares; Limitation on Sale of Shares. Shares shall not be issued with respect to an option unless the
exercise of such option and the issuance and delivery of such shares pursuant thereto shall comply with all applicable provisions of law, domestic or foreign, including, without limitation, the U.S. Securities Act of 1933, as amended, the U.S.
Securities Exchange Act of 1934, as amended, the rules and regulations promulgated thereunder, and the requirements of any stock exchange or automated quotation system upon which the shares may then be listed, and shall be further subject to the
approval of counsel for the Company with respect to such compliance. 
 20. Section 409A. The 423 Component is exempt
from the application of Section 409A of the Code, and any ambiguities herein shall be interpreted to so be exempt from Section 409A of the Code. The Non-423 Component is intended to be exempt from
the application of Section 409A of the Code under the short-term deferral exception and any ambiguities shall be construed and interpreted in accordance with such intent. In furtherance of the foregoing and notwithstanding any provision in the
Plan to the contrary, if the Administrator determines that an option granted under the Plan may be subject to Section 409A of the Code or that any provision in the Plan would cause an option under the Plan to be subject to Section 409A,
the Administrator may amend the terms of the Plan and/or of an outstanding option granted under the Plan, or take such other action the Administrator determines is necessary or appropriate, in each case, without the participant’s consent, to
exempt any outstanding option or future option that may be granted under the Plan from or to allow any such options to comply with Section 409A of the Code, but only to the extent any such amendments or action by the Administrator would not
violate Section 409A of the Code. Notwithstanding the foregoing, the Company shall have no liability to a participant or any other party if the option under the Plan that is intended to be exempt from or compliant with Section 409A of the
Code is not so exempt or compliant or for any action taken by the Administrator with respect thereto. 
 21. Tax Qualification. Although
the Company may endeavor to (a) qualify an option for favorable tax treatment under the laws of the United States or jurisdictions outside of the United States or (b) avoid adverse tax treatment (e.g., under Section 409A), the Company
makes no representation to that effect and expressly disavows any covenant to maintain favorable or avoid unfavorable tax treatment, notwithstanding anything to the contrary in this Plan, including Section 20. The Company shall be unconstrained
in its corporate activities without regard to the potential negative tax impact on participants under the Plan. 
 22. Shareholder
Approval. After this Plan is adopted by the Board, this Plan will become effective on ________, 2019. This Plan shall be subject to approval by the shareholders of the Company, in a manner permitted by applicable corporate law, within
12 months before or after the date this Plan is adopted by the Board. No purchase of shares pursuant to this Plan shall occur prior to such shareholder approval. This Plan shall continue until the earlier to occur of (i) termination of
this Plan by the Board (which termination may be effected by the Board at any time) or (ii) issuance of all of the Ordinary Shares reserved for issuance under this Plan. 

  
 12 

 23. Governing Law. This Plan and all determinations made and actions taken pursuant
thereto, to the extent not otherwise governed by the Code shall be governed by the laws of the Cayman Islands and construed in accordance therewith without giving effect to principles of conflicts of laws. 

24. Amendment or Termination of this Plan. The Administrator may at any time amend or terminate the Plan, except that any such termination
cannot affect options previously granted under this Plan, nor may any amendment make any change in an option previously granted if such change would adversely affect the right of any participant, nor may any amendment be made without approval of the
shareholders of the Company obtained in accordance with Section 22 above within 12 months of the adoption of such amendment (or earlier if required by Section 22 above) if such amendment would: 

(a) increase the number of shares that may be issued under this Plan; or 

(b) change the designation of the corporations whose employees (or class of employees) are eligible for participation in this Plan. 

The authority to take action under this Section 24 may not be delegated to an officer or other employee. Notwithstanding the foregoing,
the Administrator may make such amendments to the Plan as the Administrator determines to be advisable, if the continuation of the Plan or any Offering Period would result in financial accounting treatment for the Plan that is different from the
financial accounting treatment in effect on the date this Plan is adopted by the Board. 
 The Plan will automatically terminate on
________, 2029, if not terminated sooner by the Administrator. 

  
 13

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