Document:

Exhibit 10.12

 

 

 

EXECUTIVE EMPLOYMENT AGREEMENT

 

This Executive Employment
Agreement (the “Agreement”), made between Squarespace, Inc. (the “Company”) and [_______] (the “Executive”)
(collectively, the “Parties”), is dated as of [________].

 

Whereas,
the Company desires for Executive to provide services to the Company, and wishes to provide Executive with certain compensation and benefits
in return for such employment services; and

 

Whereas,
Executive wishes to be employed by the Company and to provide personal services to the Company in return for certain compensation and
benefits;

 

Now,
Therefore, in consideration of the mutual promises and covenants contained herein and for other good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, the Parties hereto agree as follows:

 

1.             
Employment by the Company.

 

1.1          
Position. Executive shall serve as the Company’s [TITLE]. Executive’s employment with the Company shall begin on [DATE],
or as otherwise agreed to by Executive and the Company.

 

1.2           Duties
and Location. Executive shall perform such duties as are required by the Company’s [Chief Executive Officer], to whom Executive
will report. Executive’s primary office location shall be the Company’s office located in New York, New York. The Company
reserves the right to reasonably require Executive to perform Executive’s duties at places other than Executive’s primary
office location from time to time, and to require reasonable business travel. The Company may modify Executive’s job title and
duties as it deems necessary and appropriate in light of the Company’s needs and interests from time to time.

 

1.3           Policies
and Procedures. The employment relationship between the Parties shall be governed by the general employment policies and practices of
the Company, except that when the terms of this Agreement differ from or are in conflict with the Company’s general employment
policies or practices, this Agreement shall control.

 

2.             
Compensation.

 

2.1           Base
Wage. For services to be rendered hereunder, Executive shall receive a base salary at the rate of $[________] per year (the “Base
Salary”), subject to standard payroll deductions and withholdings and payable in accordance with the Company’s regular payroll
schedule. The Base Salary shall be subject to periodic review by the Company.

 

2.2           Signing
Bonus. The Company is offering Executive a one-time sign on bonus of $[________]. This will be paid to Executive upon commencement of
employment with the Company in Executive’s first month's pay and will be subject to standard tax and deductions. If, within one
year of Executive’s start date, Executive voluntarily terminates employment with the Company for any reason or is terminated by
the Company for Cause, Executive shall return to the Company, within thirty (30) days of the termination date, the full amount of the
sign on bonus.

 

3.             
Standard Company Benefits. Executive shall be entitled to participate in all employee benefit
programs for which Executive is eligible under the terms and conditions of the benefit plans that may be in effect from time to time
and provided by the Company to its employees. The Company reserves the right to cancel or change the benefit plans or programs it offers
to its employees at any time. 

 

 

 

     

     

    

 

 

 

4.           
 Equity Awards. Subject to the approval of the Company’s Board of Directors, Executive
will be granted an equity award amounting to a value of approximately $[________] at the time of the grant. The particular units and
terms and conditions of the award will be provided at the time of the grant and will depend on the fair value of the Company’s
common stock at the date of the grant and the applicable equity incentive plan and grant agreement. Executive shall be considered for
future grants of equity awards in the discretion of the Company’s Board of Directors (or a Committee thereof), pursuant to its
regular compensation review process for the Company’s executives. 

 

5.            
Termination of Employment; Severance.

 

5.1           At-Will Employment. Executive’s employment relationship is at-will. Either Executive or the Company may terminate the employment
relationship at any time, with or without Cause or advance notice. In the event Executive’s employment is terminated for any reason,
and unless otherwise permitted by the Company, Executive shall resign from all positions and terminate any relationships as an employee,
advisor, officer or director with the Company and any of its affiliates, each effective on the date of termination. Executive’s
employment with the Company remains subject to Executive’s legal authorization to work in the United States and to Executive’s
successful completion of pre-employment requirements.

 

5.2           Termination Without Cause; Resignation for Good Reason. In the event Executive’s employment with the Company is terminated by the
Company without Cause, or Executive resigns for Good Reason, then provided such termination constitutes a “separation from service”
(as defined under Treasury Regulation Section 1.409A-1(h), without regard to any alternative definition thereunder, a “Separation
from Service”) (such termination, a “Qualifying Termination”), and provided that Executive remains in compliance with
the terms of this Agreement, the Company shall provide Executive with the following Severance Benefits:

 

(a)                
The Company shall pay Executive, as severance, continued payment of six (6) months of Executive’s base salary at the rate in effect
as of the date of Executive’s employment termination, disregarding any salary decrease that constituted Good Reason, subject to
standard payroll deductions and withholdings (the “Severance”). The Severance will be paid on the Company’s regular
payroll schedule, beginning on the first regularly-scheduled payroll date following the full effectiveness of a separation agreement (subject
to Section 7 below).

 

(b)                Provided that Executive timely elects continued healthcare coverage pursuant to the Consolidated Omnibus Budget Reconciliation Act of
1985, as amended (“COBRA”), the Company shall pay Executive’s COBRA premiums to continue Executive’s coverage
(“COBRA Premiums”) through the period (the “COBRA Premium Period”) starting on Executive’s Separation from
Service and ending on the earliest to occur of: (i) six (6) months following Executive’s Separation from Service; (ii) the date
Executive becomes eligible for group health insurance coverage through a new employer; or (iii) the date Executive ceases to be eligible
for COBRA continuation coverage for any reason. In the event Executive becomes covered under another employer's group health plan or otherwise
ceases to be eligible for COBRA during the COBRA Premium Period, Executive must immediately notify the Company of such event. Notwithstanding
the foregoing, if the Company determines, in its sole discretion, that it cannot pay the COBRA Premiums without a substantial risk of
violating applicable law, the Company instead shall pay to Executive, on the first day of each calendar month, a fully taxable cash payment
equal to the applicable COBRA premiums for that month, subject to applicable tax withholdings, for the remainder of the COBRA Premium
Period, which Executive may, but is not obligated to, use toward the cost of COBRA premiums.

 

(c)                
In the event that Executive’s Qualifying Termination occurs during the period beginning three (3) months prior to, and ending twelve
(12) months following, a Change in Control, then Executive’s then-unvested equity awards shall be deemed immediately vested (and,
if relevant, exercisable) as of the date of such Qualifying Termination.

 

 

 

     

     

    

 

 

 

5.3           Termination for Cause; Resignation Without Good Reason; Death or Disability. If Executive resigns without Good Reason, or the Company
terminates Executive’s employment for Cause, or Executive’s employment is terminated as a result of Executive’s death
or Disability, then (a) vesting of any equity awards shall cease as of the date of such termination, (b) all payments of compensation
by the Company to Executive hereunder will terminate immediately (except as to amounts already earned), and (c) Executive will not be
entitled to any Severance Benefits.

 

6.             
Conditions to Receipt of Severance Benefits. The receipt of the Severance Benefits will be subject
to Executive signing the Company’s standard form of separation agreement and not revoking the release of claims contained therein.
No Severance Benefits will be paid or provided until the separation agreement becomes effective.

 

7.            
Section 409A.The payments and benefits under this Agreement are intended to qualify for exemptions
from the application of Section 409A of the Internal Revenue Code and the regulations and guidance promulgated thereunder (“Section
409A”), and this Agreement will be construed to the greatest extent possible as consistent with those provisions, and to the extent
not so exempt, this Agreement (and any definitions hereunder) will be construed in a manner that complies with Section 409A to the extent
necessary to avoid adverse taxation under Section 409A. Notwithstanding anything to the contrary herein, to the extent required to comply
with Section 409A, a termination of employment shall not be deemed to have occurred for purposes of any provision of this Agreement providing
for the payment of amounts or benefits upon or following a termination of employment unless such termination is also a Separation from
Service. Executive's right to receive any installment payments will be treated as a right to receive a series of separate payments and,
accordingly, each installment payment shall at all times be considered a separate and distinct payment. Notwithstanding any provision
to the contrary in this Agreement, if Executive is deemed by the Company at the time of Executive's Separation from Service to be a “specified
employee” for purposes of Section 409A, and if any of the payments upon Separation from Service set forth herein and/or under any
other agreement with the Company are deemed to be “deferred compensation,” then, to the extent delayed commencement of any
portion of such payments is required in order to avoid a prohibited distribution under Section 409A and the related adverse taxation under
Section 409A, such payments shall not be provided to Executive prior to the earliest of (i) the expiration of the six-month period measured
from the date of Separation from Service, (ii) the date of Executive's death or (iii) such earlier date as permitted under Section 409A
without the imposition of adverse taxation. With respect to payments to be made upon execution of an effective release, if the release
revocation period spans two calendar years, payments will be made in the second of the two calendar years to the extent necessary to avoid
adverse taxation under Section 409A. With respect to reimbursements or in-kind benefits provided to Executive hereunder (or otherwise)
that are not exempt from Section 409A, the following rules shall apply: (i) the amount of expenses eligible for reimbursement, or in-kind
benefits provided, during any one of Executive's taxable years shall not affect the expenses eligible for reimbursement, or in-kind benefit
to be provided in any other taxable year, (ii) in the case of any reimbursements of eligible expenses, reimbursement shall be made on
or before the last day of Executive's taxable year following the taxable year in which the expense was incurred and (iii) the right to
reimbursement or in-kind benefits shall not be subject to liquidation or exchange for another benefit.

 

8.             
Definitions. 

 

8.1           Cause. For purposes of this Agreement, “Cause” shall mean (a) Executive’s unauthorized use or disclosure of the
Company’s confidential information or trade secrets, which use or disclosure causes material harm to the Company; (b)
Executive’s material breach of any agreement between Executive and the Company, including, without limitation, the breach of
any applicable non-competition or non-solicitation obligations; (c) Executive’s material failure to comply with the
Company’s written policies or rules, which failure causes material harm to the Company; (d) Executive’s commission of,
or plea of “guilty” or “no contest” to, a felony or any crime involving fraud or moral turpitude under the
laws of the United States, any State or other jurisdiction; or (e) Executive’s gross negligence or willful misconduct, in
either case which causes material harm to the Company. In order for the termination of Executive’s employment to constitute a
termination for “Cause” pursuant to clause (b), the Company must first provide Executive with written notice of the acts
or omissions constituting the grounds for “Cause” within 90 days of the initial existence of such grounds for
 ”Cause” and allow Executive 30 days in which to cure such condition, and only if such condition has not been cured after
the conclusion of such 30-day period shall Cause be deemed to have occurred.

 

 

 

     

     

    

 

 

 

8.2           Good Reason. For purposes of this Agreement, “Good Reason” shall mean the occurrence of one of the following without
Executive’s express written consent: (a) any reduction of Executive’s base salary by more than 10% (other than a general reduction
in Executive’s Base Salary that affects all comparable employees of the Company); or (b) a material reduction in Executive’s
duties (including responsibilities and/or authorities), provided, however, that such a change (including a change in title) shall
not be deemed a “material reduction” in and of itself unless Executive’s new duties are materially reduced from the
prior duties; (c) a change in the geographic location at which Executive must perform services to a facility or location of fifty (50)
miles or more from Executive’s then current office location.  Good Reason shall not exist unless Executive has provided written
notice to the Company’s Board of Directors of the purported grounds for the Good Reason within 90 days of its initial
existence and the Company has been provided at least 30 days to remedy the condition, and only if such condition has not been cured after
the conclusion of such 30-day period.

 

8.3           Disability. For purposes of this Agreement, “Disability” shall mean Executive’s inability to perform the essential functions
of Executive’s position, even with reasonable accommodation, as a result of a determinable physical or mental impairment that has
or could reasonably be expected to last for at least ninety (90) consecutive days or for at least one hundred and twenty (120) non-consecutive
days in any one-year period.

 

8.4           Change in Control. For purposes of this Agreement, “Change in Control” shall have the definition set forth in the Company’s
2017 Equity Incentive Plan.

 

9.            
Proprietary Information Obligations. As a condition of employment, Executive shall execute and
abide by the Company’s standard form of Employee Invention Assignment and Confidentiality Agreement (the “Confidentiality
Agreement”), attached hereto as Exhibit A.

 

10.         
Outside Activities During Employment. During Executive’s employment with the Company, Executive
will devote Executive’s best efforts and substantially all of Executive’s business time and attention to the business of the
Company, except for approved vacation periods and reasonable periods of illness or other incapacities permitted by the Company’s
general employment policies. During the term of Executive’s employment with the Company, Executive will not undertake or engage
in any other employment, activity, occupation, or business enterprise, that is either directly or indirectly competitive to the Company
or that materially interferes with the performance of Executive’s duties hereunder. Executive agrees not to acquire, assume or participate
in, directly or indirectly, any position, investment or interest known to be adverse or antagonistic to the Company, its business or prospects,
financial or otherwise.

 

11.          
Dispute Resolution. To ensure the timely and economical resolution of disputes that may arise
in connection with Executive’s employment with the Company, Executive and the Company agree that any and all disputes, claims,
or causes of action arising from or relating to the enforcement, breach, performance, negotiation, execution, or interpretation of this
Agreement, the Confidentiality Agreement, Executive’s employment, or the termination of Executive’s employment, including
but not limited to statutory claims, will be resolved to the fullest extent permitted by law by final, binding and confidential arbitration,
by a single arbitrator, in the New York, New York area, or as otherwise agreed by the Company and Executive, conducted by JAMS, Inc.
(“JAMS”) under the then-applicable JAMS rules (available at the following web address: https://www.jamsadr.com/rules-employment,
and which will be provided to Executive on request). Nothing in this Dispute Resolution section, however, restricts Executive’s
right to pursue claims in court for any alleged sexual harassment or any alleged unlawful discriminatory practices related to sexual
harassment. By agreeing to this arbitration procedure, both Executive and the Company waive the right to resolve any such dispute through
a trial by jury or judge or administrative proceeding. Executive will have the right to be represented by legal counsel at any arbitration
proceeding. In addition, all claims, disputes, or causes of action under this section, whether by Executive or the Company, must be brought
in an individual capacity, and shall not be brought as a plaintiff (or claimant) or class member in any purported class or representative
proceeding, nor joined or consolidated with the claims of any other person or entity. The arbitrator may not consolidate the claims of
more than one person or entity, and may not preside over any form of representative or class proceeding. To the extent that the preceding
sentences regarding class claims or proceedings are found to violate applicable law or are otherwise found unenforceable, any claim(s)
alleged or brought on behalf of a class shall proceed in a court of law rather than by arbitration. The arbitrator shall: (a) have the
authority to compel adequate discovery for the resolution of the dispute and to award such relief as would otherwise be permitted by
law; and (b) issue a written arbitration decision, to include the arbitrator’s essential findings and conclusions and a statement
of the award. The arbitrator shall be authorized to award any or all remedies that Executive or the Company would be entitled to seek
in a court of law. You and the Company shall equally share all JAMS’ arbitration fees. Nothing in this Agreement is intended to
prevent either Executive or the Company from obtaining injunctive relief in court to prevent irreparable harm pending the conclusion
of any such arbitration. Any awards or orders in such arbitrations may be entered and enforced as judgments in the federal and state
courts of any competent jurisdiction.

 

 

 

     

     

    

 

 

 

12.           
General Provisions.

 

12.1         No Breach of Prior Agreement. Executive represents that Executive’s performance of all the terms of this Agreement and Executive’s
duties as an employee of the Company will not breach any invention assignment, proprietary information, confidentiality or similar agreement
with any former employer or other party. Executive represents that Executive will not bring with Executive to the Company or use in the
performance of Executive’s duties for the Company any documents or materials or intangibles of a former employer or third party
that are not generally available to the public or have not been legally transferred to the Company.

 

12.2         Notices. Any notices provided must be in writing and will be deemed effective upon the earlier of personal delivery (including personal
delivery by fax) or the next day after sending by overnight carrier, to the Company at its primary office location and to Executive at
the address as listed on the Company payroll.

 

12.3         Severability. Whenever possible, each provision of this Agreement will be interpreted in such manner as to be effective and valid under
applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable
law or rule in any jurisdiction, such invalidity, illegality or unenforceability will not affect any other provision or any other jurisdiction,
but this Agreement will be reformed, construed and enforced in such jurisdiction to the extent possible in keeping with the intent of
the parties.

 

12.4         Waiver. Any waiver of any breach of any provisions of this Agreement must be in writing to be effective, and it shall not thereby be deemed
to have waived any preceding or succeeding breach of the same or any other provision of this Agreement.

 

12.5         Complete Agreement. This Agreement, together with the Confidentiality Agreement, constitutes the entire agreement between Executive and
the Company with regard to this subject matter and is the complete, final, and exclusive embodiment of the Parties’ agreement with
regard to this subject matter. This Agreement is entered into without reliance on any promise or representation, written or oral, other
than those expressly contained herein, and it supersedes any other such promises, warranties or representations. It is entered into without
reliance on any promise or representation other than those expressly contained herein, and it cannot be modified or amended except in
a writing signed by a duly authorized officer of the Company.

 

12.6         Counterparts. This Agreement may be executed in separate counterparts, any one of which need not contain signatures of more than one party,
but all of which taken together will constitute one and the same Agreement.

 

12.7         Headings. The headings of the paragraphs hereof are inserted for convenience only and shall not be deemed to constitute a part hereof
nor to affect the meaning thereof.

 

12.8         Successors and Assigns. This Agreement is intended to bind and inure to the benefit of and be enforceable by Executive and the Company,
and their respective successors, assigns, heirs, executors and administrators, except that Executive may not assign any of Executive’s
duties hereunder and Executive may not assign any of Executive’s rights hereunder without the written consent of the Company.

 

12.9         Tax Withholding and Indemnification.All payments and awards contemplated or made pursuant to this Agreement will be subject to withholdings
of applicable taxes in compliance with all relevant laws and regulations of all appropriate government authorities. Executive acknowledges
and agrees that the Company has neither made any assurances nor any guarantees concerning the tax treatment of any payments or awards
contemplated by or made pursuant to this Agreement. Executive has had the opportunity to retain a tax and financial advisor and fully
understands the tax and economic consequences of all payments and awards made pursuant to the Agreement.

 

12.10       Choice
of Law. All questions concerning the construction, validity and interpretation of this Agreement will be governed by the laws of the
State of New York, without regard to its conflict of laws provisions.

 

[Signature Page Follows]

 

 

 

     

     

    

 

 

 

In Witness
Whereof, the Parties have executed this Agreement on the day and year first written above.

 

	 	Company:
	 	 
	 	Squarespace, Inc.
	 	 
	 	By:	               
	 	Name:  
	 	Title:  

 

I have read and understood this Agreement and
hereby acknowledge, accept and agree to the terms as set forth above and further acknowledge that no other commitments were made to me
as part of my employment offer except as specifically set forth herein. I acknowledge that I have received and read or have had the opportunity
to read the arbitration provision included in this Agreement. I understand that the arbitration provision requires that disputes that
involve matters subject to the provision to be submitted to arbitration pursuant to the arbitration provision rather than to a judge and
jury in court.

 

	 	 
		Name:	[________]

 

 

 

     

     

    

 

 

 

Enclosure:

 

Exhibit A - Employee Invention Assignment and Confidentiality
Agreement

 

 

 

     

     

    

 

 

 

Exhibit A

 

Employee Invention Assignment
and Confidentiality AgreementExhibit 10.13

 

 

Squarespace, Inc. Employee
Invention Assignment and

 Confidentiality Agreement

 

In consideration of, and as a condition of my
employment with Squarespace, Inc., a Delaware corporation, and its subsidiaries, parents, affiliates, successors and assigns (together,
the “Company”), I hereby represent to, and agree with the Company as follows:

 

		1.	Purpose of Agreement — I understand that the Company
is engaged in a continuous program of research, development, production and marketing in connection with its business and that it is critical
for the Company to preserve and protect its “Proprietary Information” (as defined in Section 6 below), its rights in “Inventions”
(as defined in Section 2 below) and in all related intellectual property rights. Accordingly, I am entering into this Employee Invention
Assignment and Confidentiality Agreement (this “Agreement”) as a condition of my employment with the Company, whether or not
I am expected to create inventions of value for the Company. I acknowledge and agree that the terms and conditions of this Agreement are
effective retroactively to the date on which I first began providing services or developing intellectual property for the Company (which
shall be deemed to include any relationship of service to the Company that I may have had prior to actually becoming an employee) without
any consideration other than employment with the Company.

 

		2.	Disclosure of Inventions — I will promptly disclose
in confidence to the Company all inventions, improvements, designs, original works of authorship, formulas, algorithms, processes, compositions
of matter, computer software programs, databases, mask works and trade secrets that I make or conceive or first reduce to practice or
create, either alone or jointly with others, during the period of my employment, whether or not in the course of my employment, and whether
or not patentable, copyrightable or protectable as trade secrets (the “Inventions”).

 

		3.	Work MADE for Hire; Assignment of Inventions — I
acknowledge and agree that any copyrightable works prepared by me at any time within the scope of my employment are “works made
for hire” under the Copyright Act and that the Company will be considered the author and owner of such copyrightable works. I agree
that all Inventions that (i) are developed using equipment, supplies, facilities or trade secrets of the Company at any time during my
employment, (ii) result from work performed by me for the Company, or (iii) relate to the Company’s business or current or anticipated
research and development (the “Assigned Inventions”), will be the sole and exclusive property of the Company and are hereby
irrevocably assigned by me to the Company to the maximum extent permitted by applicable law. I have attached to this Agreement in Exhibit
A a list describing all existing Inventions, if any, that are owned by me or in which I have an interest and that were made or acquired
by me prior to my date of first employment by the Company, that (a) may relate to the Company’s business or actual or demonstrably
anticipated research or development, and (b) that are not to be assigned to the Company (“Excluded Inventions”). If no such
list is attached, I represent and agree that it is because I have no Excluded Inventions.

 

		4.	Assignment of Other Rights — In addition to the foregoing
assignment of Assigned Inventions to the Company, I hereby irrevocably transfer and assign to the Company: (i) all worldwide patents,
patent applications, copyrights, mask works, trade secrets and other intellectual property rights, including but not limited to rights
in databases, in any Assigned Inventions, along with any registrations of or applications to register such rights; and (ii) any and all
 “Moral Rights” (as defined below) that I may have in or with respect to any Assigned Inventions. I also hereby forever waive
and agree never to assert any and all Moral Rights I may have in or with respect to any Assigned Inventions, even after termination of
my work on behalf of the Company. “Moral Rights” mean any rights to claim authorship of or credit on any Assigned Inventions,
to object to or prevent the modification or destruction of any Assigned Inventions, or to withdraw from circulation or control the publication
or distribution of any Assigned Inventions, and any similar right, existing under judicial or statutory law of any country or subdivision
thereof in the world, or under any treaty, regardless of whether or not such right is denominated or generally referred to as a “moral
right.”

 

 

 

    

     

    

 

 

		5.	Assistance — I agree to assist the Company in every
proper way to obtain for the Company and enforce patents, copyrights, mask work rights, trade secret rights and other legal protections
for the Company’s Assigned Inventions in any and all countries. I will execute any documents that the Company may reasonably request
for use in obtaining or enforcing such patents, copyrights, mask work rights, trade secrets and other legal protections. My obligations
under this paragraph will continue beyond the termination of my employment with the Company, provided that the Company will compensate
me at a reasonable rate after such termination for time or expenses actually spent by me at the Company’s request on such assistance.
I appoint the Secretary of the Company as my attorney-in-fact to execute documents on my behalf for this purpose, which such appointment
is coupled with an interest.

 

		6.	Proprietary Information — I understand that my employment
by the Company creates a relationship of confidence and trust with respect to any information of a confidential or secret nature that
may be disclosed to me by the Company or a third party that relates to the business of the Company or to the business of any parent, subsidiary,
affiliate, customer or supplier of the Company or any other party with whom the Company agrees to hold information of such party in confidence
(the “Proprietary Information”). Such Proprietary Information includes, but is not limited to, Assigned Inventions, trade
secrets, marketing plans, product plans, technical information, business strategies, financial information, forecasts, personnel information,
customer lists and data, and domain names.

 

		7.	Confidentiality — At all times, both during my employment
and after its termination, I will keep and hold all such Proprietary Information in strict confidence and trust. I will not use or disclose
any Proprietary Information without the prior written consent of the Company, except as may be necessary to perform my duties as an employee
of the Company for the benefit of the Company. Upon termination of my employment with the Company, I will promptly deliver to the Company
all documents and materials of any nature pertaining to my work with the Company and, upon Company request, will execute a document confirming
my agreement to honor my responsibilities contained in this Agreement. I will not take with me or retain any documents or materials or
copies thereof containing any Proprietary Information. Nothing in this Section 7 or otherwise in this Agreement shall limit or restrict
in any way my immunity from liability for disclosing the Company’s trade secrets as specifically permitted by 18 U.S. Code Section
1833, the pertinent provisions of which are attached hereto as Exhibit B.

 

		8.	PHYSICAL PROPERTY — All documents, supplies, equipment
and other physical property furnished to me by the Company or produced by me or others in connection with my employment will be and remain
the sole property of the Company. I will return to the Company all such items when requested by the Company, excepting only my personal
copies of records relating to my employment or compensation and any personal property I bring with me to the Company and designate as
such. Even if the Company does not so request, I will upon termination of my employment return to the Company all Company property, and
I will not take with me or retain any such items.

 

		9.	No Breach of Prior Agreement; THIRD PARTY MATERIALS;
                                                                EXCLUDED INVENTIONS — I represent that my performance of all the terms of this Agreement and my duties as an employee
                                                                of the Company will not breach any invention assignment, proprietary information, confidentiality or similar agreement with any
                                                                former employer or other party. I represent that I will not bring with me to the Company or use in the performance of my duties for
                                                                the Company any documents or materials or intangibles of a former employer or third party that are not generally available to the
                                                                public or have not been legally transferred to the Company (collectively, “Third Party Materials”). I acknowledge and
                                                                agree that if I use any Third Party Materials or Excluded Inventions in the scope of my employment, or if I include any Third Party
                                                                Materials or Excluded Inventions in any product or service of the Company (each, a “License Event”), I will immediately
                                                                so notify the Company in writing. Unless the Company and I agree otherwise in writing as to particular Third Party Materials or
                                                                Excluded Inventions, I hereby grant to the Company, whether or not I give Company notice as required above, a non-exclusive,
                                                                perpetual, transferable, fully-paid and royalty-free, irrevocable and worldwide license, with rights to sublicense through multiple
                                                                levels of sublicensees, to reproduce, make derivative works of, distribute, publicly perform, and publicly display in any form or
                                                                medium, whether now known or later developed, make, have made, use, sell, import, offer for sale, and exercise any and all present
                                                                or future rights in, Third Party Materials and Excluded Inventions, provided that the foregoing license shall only apply in
connection with a License Event. To the extent that any third parties have any rights in or to any Excluded Inventions or Third Party
Materials, I hereby represent and warrant that such third party or parties have validly and irrevocably granted to me the right to grant
the license stated above.

 

 

 

    

     

    

 

 

		10.	Efforts; Duty Not to Compete — I understand that
my employment with the Company requires my undivided attention and effort during normal business hours. While I am employed by the Company,
I will not, without the Company’s express prior written consent, provide services to, or assist in any manner, any business or third
party if such services or assistance would potentially conflict with the Company’s business interests.

 

		11.	Notification — I hereby authorize the Company to
notify third parties, including, without limitation, customers and actual or potential employers, of the terms of this Agreement and my
responsibilities hereunder.

 

		12.	Non-Solicitation of Employees/Consultants — During
my employment with the Company and for a period of one (1) year thereafter, I will not directly or indirectly, whether on behalf of myself
or any other person or entity, solicit any employees or consultants of the Company to terminate or alter their employment or consulting
relationship with the Company.

 

		13.	Non-Solicitation of Suppliers/Customers — During
my employment with the Company and for a period of one (1) year thereafter, I will not directly or indirectly, whether on behalf of myself
or any other person or entity, solicit any customers, suppliers, or vendors of the Company to terminate, reduce, or alter their relationship
with the Company.

 

		14.	COVENENT NOT TO COMPETE — I acknowledge that during
my employment I will have access to and knowledge of Proprietary Information. To protect the Company’s Proprietary Information,
I agree that during my employment with the Company and for a period of one (1) year after my last day of employment with the Company,
I will not directly or indirectly, anywhere in the world, engage in (whether as an employee, consultant, proprietor, partner, director
or otherwise), or have any ownership interest in, or participate in the financing, operation, management or control of, any person, firm,
corporation or business that engages in a “Restricted Business” (as defined below). It is agreed that ownership of (i) no
more than one percent (1%) of the outstanding voting stock of a publicly traded corporation, or (ii) any stock I presently own shall not
constitute a violation of this provision. “Restricted Business” shall mean any line of business that the Company engaged
in, or prepared to engage in, during the one-year period prior to my last day of employment with the Company, with which I worked directly
or indirectly during my employment by the Company or about which I acquired Proprietary Information during my employment by the Company.
I acknowledge that the Company conducts its business globally, and I agree that the temporal and geographic limitations contained herein
are necessary to secure protection of the Company’s Proprietary Information.

 

		15.	REASONABLENESS OF RESTRICTIONS — In the event that a court finds this Agreement, or any of
its restrictions, to be overbroad, ambiguous, unenforceable, or invalid, I and the Company agree that the court will read the Agreement
as a whole and interpret the restriction(s) at issue to be enforceable and valid to the maximum extent allowed by law. If the court declines
to enforce this Agreement in the manner provided in the first sentence of this Section 15, the Company and I agree that this Agreement
will be automatically modified to provide the Company with the maximum protection of its business interests allowed by law and I agree
to be bound by this Agreement as modified. In the event the Company enforces this Agreement through a court order, I agree that the restrictions
in Sections 12, 13 and 14 will remain in effect for a period of twelve (12) months from the effective date of the order enforcing the
Agreement.

 

		16.	Name & Likeness Rights — I hereby authorize the
Company to use, reuse, and to grant others the right to use and reuse, my name, photograph, likeness (including caricature), voice, and
biographical information, and any reproduction or simulation thereof, in any form of media or technology now known or hereafter developed
(including, but not limited to, film, video and digital or other electronic media), both during and after my employment,
for any purposes related to the Company’s business, such as marketing, advertising, credits, and presentations.

 

 

 

    

     

    

 

 

 

		17.	LEGAL AND EQUITABLE REMEDIES — I agree that it may
be impossible to assess the damages caused by my violation of this Agreement or any of its terms. I agree that any threatened or actual
violation of this Agreement or any of its terms will constitute immediate and irreparable injury to the Company, and the Company will
have the right to enforce this Agreement and any of its provisions by injunction, specific performance or other equitable relief, without
bond and without prejudice to any other rights and remedies that the Company may have for a breach or threatened breach of this Agreement.
I agree that if the Company is successful in whole or in part in any legal or equitable action under this Agreement (including, but not
limited to, a court partially or fully granting any application, motion, or petition by the Company for injunctive relief, including,
but not limited to, a temporary restraining order, preliminary injunction, or permanent injunction), whether against or commenced by me,
the Company will be entitled to recover from me all costs, fees or expenses it incurred at any time during the course of the dispute,
including, but not limited to, reasonable attorney’s fees.

 

		18.	Governing
                                            Law; Severability — This Agreement will be governed by and construed in accordance
                                            with the laws of the State of New York, without giving effect to its laws pertaining to conflict
                                            of laws. If any provision of this Agreement is determined by any court or arbitrator of competent
                                            jurisdiction to be invalid, illegal or unenforceable in any respect, such provision will
                                            be enforced to the maximum extent possible given the intent of the parties hereto. If such
                                            clause or provision cannot be so enforced, such provision shall be stricken from this Agreement
                                            and the remainder of this Agreement shall be enforced as if such invalid, illegal or unenforceable
                                            clause or provision had (to the extent not enforceable) never been contained in this Agreement.

 

		19.	Counterparts — This Agreement may be executed in
any number of counterparts, each of which when so executed and delivered will be deemed an original, and all of which together shall constitute
one and the same agreement.

 

		20.	Entire Agreement — This Agreement and the documents
referred to herein constitute the entire agreement and understanding of the parties with respect to the subject matter of this Agreement,
and supersede all prior understandings and agreements, whether oral or written, between or among the parties hereto with respect to the
specific subject matter hereof.

 

		21.	Amendment and Waivers — This Agreement may be amended
only by a written agreement executed by each of the parties hereto. No amendment of or waiver of, or modification of any obligation under
this Agreement will be enforceable unless set forth in a writing signed by the party against which enforcement is sought. Any amendment
effected in accordance with this section will be binding upon all parties hereto and each of their respective successors and assigns.
No delay or failure to require performance of any provision of this Agreement shall constitute a waiver of that provision as to that or
any other instance. No waiver granted under this Agreement as to any one provision herein shall constitute a subsequent waiver of such
provision or of any other provision herein, nor shall it constitute the waiver of any performance other than the actual performance specifically
waived.

 

		22.	Successors and Assigns; Assignment — Except as otherwise
provided in this Agreement, this Agreement, and the rights and obligations of the parties hereunder, will be binding upon and inure to
the benefit of their respective successors, assigns, heirs, executors, administrators and legal representatives. The Company may assign
any of its rights and obligations under this Agreement. No other party to this Agreement may assign, whether voluntarily or by operation
of law, any of its rights and obligations under this Agreement, except with the prior written consent of the Company.

 

		23.	Further Assurances — The parties agree to execute
such further documents and instruments and to take such further actions as may be reasonably necessary to carry out the purposes and intent
of this Agreement.

 

 

 

    

     

    

 

 

		24.	“At-Will” Employment — I understand that
this Agreement does not constitute a contract of employment or obligate the Company to employ me for any stated period of time. I understand
that I am an “at-will” employee of the Company and that my employment can be terminated at any time, with or without notice
and with or without cause, for any reason or for no reason, by either the Company or myself. I acknowledge that any statements or representations
to the contrary are ineffective, unless put into a writing signed by the Company. I further acknowledge that my participation in any equity
or benefit program is not to be construed as any assurance of continuing employment for any particular period of time. This Agreement
shall be effective as of the first day of my employment by the Company.

 

		25.	ADVICE OF COUNSEL — I ACKNOWLEDGE THAT, IN EXECUTING THIS AGREEMENT, I HAVE HAD THE OPPORTUNITY
TO SEEK THE ADVICE OF INDEPENDENT LEGAL COUNSEL, AND I HAVE READ AND UNDERSTOOD ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT. THIS
AGREEMENT WILL NOT BE CONSTRUED AGAINST ANY PARTY BY REASON OF THE DRAFTING OR PREPARATION OF THIS AGREEMENT.

 

 

 

    

     

    

 

 

 

	 	COMPANY:
	 	 
	 	SQUARESPACE, INC.
	 	 
	 	By: 	 	 
	 	Name: 	  
	 	Title: 	            
	 	 
	 	ACCEPTED AND AGREED:
	 	 
	 	
	 	Name:
	 	Date:

 

 

 

    

     

    

 

 

Exhibit A 

 

LIST OF EXCLUDED INVENTIONS:

List of Excluded Inventions (if any):

 

 

 

    

     

    

 

 

 

Exhibit B

 

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

 

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

 

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

 

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

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