Document:

Employment Agreement - E. James Macias

 Exhibit 10.14 
 EMPLOYMENT AGREEMENT 
 by and between 

FULCRUM BIOENERGY, INC. 
 and 
 E. JAMES MACIAS 

Dated as of 
 December 
1st, 2007 

 EMPLOYMENT AGREEMENT 

This EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of August 1st, 2007, by and between Fulcrum BioEnergy, Inc., a Delaware
corporation (the “Company”) and E. James Macias (“Macias”). 
 W I T
N E S S E T H: 
 WHEREAS, Fulcrum BioEnergy, Inc. (d.b.a., Fulcrum Energy), a
predecessor to the Company, and Macias are party to a Services Agreement, dated March 31, 2007 (the “Services Agreement”), providing for the engagement of Macias as a temporary consultant to the Company, and setting forth
certain conditions to the engagement of Macias as a full time employee of the Company on specified terms; and 
 WHEREAS, the
Company and Macias desire to terminate the Services Agreement and enter into an agreement providing for the employment of Macias as a full time employee on the terms and conditions set forth herein; 

NOW, THEREFORE, the Company and Macias, each intending to be legally bound, hereby mutually covenant and agree as follows: 

ARTICLE I 

EMPLOYMENT AND TERM 
 1.1 Termination of Services Agreement. The Company and Macias hereby terminate the Services Agreement. Commencing on the date hereof, the Services Agreement shall be of no further force and effect
and shall be superseded in all respects by this Agreement. The Company shall promptly pay Macias the accrued and unpaid amounts, if any, to which he was entitled under the Services Agreement through the date hereof. 

1.2 Employment. The Company hereby employs Macias as the President and Chief Executive Officer of the Company on the terms and
conditions contained herein. Macias’ employment shall commence on the date hereof and shall continue until Termination of Employment (the “Employment Period”). 

1.3 Duties during Employment Period. During the Employment Period, Macias shall have the following duties and responsibilities:

  

	 	(a)	Managing the Company’s portfolio of waste-to-fuels facilities and/or other assets; 

 

	 	(b)	Developing waste-to-fuels projects approved by the Board, including plant operations, project development services and managing hedging strategies;

  

	 	(c)	Overseeing financial reporting to the Board and government entities; 

  
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	 	(d)	Managing the hiring of staff, including a Chief Financial Officer, Chief Technology Officer, a Manager of Construction and Development and all other personnel deemed
appropriate by the Board; 

  

	 	(e)	Actively supervising all activities of all subcontractors; 

  

	 	(f)	Finding, qualifying and employing administrative and operational employees for the development of waste-to-fuels projects; 

 

	 	(g)	Working with and supporting the Company, and its Affiliates as necessary, in various matters relating to compliance, certification, permitting and contracting;

  

	 	(h)	Identifying, negotiating and executing on strategic proposals for offtake of waste-to-fuels projects; 

 

	 	(i)	Preparing monthly progress reports to the Board; and 

  

	 	(j)	Performing such other duties and responsibilities assigned by the Board, provided that such duties and responsibilities are customary for a president and chief
executive officer. 

 Macias shall devote substantially all of his business time, attention and energies to the
performance of his duties hereunder. Notwithstanding the foregoing, nothing in this Agreement shall restrict Macias from (i) managing his personal investments, personal business affairs and other personal matters; or (ii) serving on civic
or charitable boards or committees. 
 ARTICLE II 
 COMPENSATION AND BENEFITS 
 2.1 Base Salary. For services performed
by Macias for the Company during the Employment Period, the Company shall pay Macias a base salary of Five Hundred Thousand Dollars ($500,000) per year (the “Base Salary”), payable in accordance with the Company’s regular
payroll practices and subject to annual review by the Board. 
 2.2 Bonuses. During the Employment Period, Macias shall
be eligible to receive an annual cash bonus targeted at one hundred percent (100%) of his Base Salary in accordance with the Company’s bonus plan (if any). Annual bonus targets and goals shall be established by the Board. It is anticipated
that annual bonuses will be based on annual EBIDTA performance and on enterprise values during the period after the first plants become operational. For the avoidance of doubt, any bonuses paid prior to the creation of EBITDA are solely at the
discretion of the board director. 
 2.3 Other Benefits. Macias shall also be entitled to the following during the
Employment Period: 
 (a) Participation in Benefit Plans. Macias shall be entitled to participate in the executive-level
benefit arrangements maintained by the Company for its executives generally. 

  
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Macias shall also be entitled to participate in all other welfare and benefit plans maintained by the Company from time to time, including, as applicable, medical, dental, accident, life, short-
and long-term disability insurance, 401(k) retirement plan, and other benefit plans established by the Company at the Board’s discretion. 
 (b) Vacation. Macias shall be entitled to vacation and paid holidays consistent with the Company’s standard practices. 
 2.4 Equity Participation. Subject to execution of an option agreement and other definitive documentation satisfactory to the Board in accordance with the Company’s 2007 Equity Incentive Plan,
Macias shall be entitled to a one-time grant of options to purchase 1,466,581 shares of common stock of the Company. Macias shall also participate in future equity incentive plans as approved by the Board. 

ARTICLE III 

COVENANTS 

3.1 Non-Solicitation. During the Employment Period and for eighteen (18) months following Termination of Employment for any
reason, Macias agrees to refrain from, directly, indirectly or as an agent on behalf of or in conjunction with any Person, soliciting the employment or services of any Person who, upon such Termination of Employment or within twelve (12) months
prior thereto, was known to be (i) employed by the Company or any Affiliate of the Company or (ii) a consultant to any entity described in clause (i) with respect to the Business, except, in the case of clause (ii), as is consented to
by the Board in writing, which consent shall not be unreasonably withheld. 
 3.2 [Intentionally Omitted] 

3.3 Nondisclosure of Confidential Information. In the performance of his duties, Macias has previously had, and may be expected in
the future to have, access to the proprietary information, technical data, trade secrets or know-how of the Company and its Affiliates, including, but not limited to, research, products and product designs, methods, strategies, customer data,
documents, notes, working papers, records, systems, contracts, agreements, market data and related information, software, developments, inventions, processes, formulas, technology, designs, drawings, engineering information, hardware configuration
information, marketing plans, finances, pricing and credit documents and policies, service development techniques or plans, business acquisition plans, new personnel acquisition plans or other business information presently owned or at any time
hereafter developed by the Company or any of its Affiliates, agents or consultants or used presently or at any time hereafter in the course of the Business, that are not otherwise part of the public domain (collectively, the “Confidential
Information”). All such Confidential Information is considered secret and has been and/or will be disclosed to Macias in confidence, and Macias acknowledges that, as a consequence of his employment and position with the Company, Macias will
have access to and become acquainted with Confidential Information. Except in the performance of his duties to the Company, Macias shall not, during the term of this Agreement and at all times thereafter, directly or indirectly for any reason
whatsoever, disclose or use any such Confidential Information. All records, files, drawings, documents, equipment and other tangible items, wherever located, relating in any way 

  
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to or containing Confidential Information, which Macias has prepared, used or encountered or shall in the future prepare, use or encounter, shall be and remain the Company’s sole and
exclusive property and shall be included in the Confidential Information. Upon termination of this Agreement, or whenever requested by the Company, Macias shall promptly deliver to the Company any and all of the Confidential Information and copies
thereof, not previously delivered to the Company, that may be in the possession or under the control of Macias. The foregoing restrictions shall not apply to the use, divulgence, disclosure or grant of access to Confidential Information to the
extent, but only to the extent, (i) expressly permitted or required pursuant to any other written agreement between Macias and the Company (and/or any of the Company’s Affiliates), (ii) such Confidential Information which has become
publicly known and made generally available through no wrongful act of Macias or of others who were under confidentiality obligations as to the item or items involved, (iii) Macias’ general skills and education, and know-how of broad
application known to Macias or independently developed by Macias prior to Macias’ employment by the Company or (iv) Macias is required to disclose Confidential Information by or to any court of competent jurisdiction or any governmental or
quasi-governmental agency, authority or instrumentality of competent jurisdiction, provided, that Macias shall, prior to any such disclosure, immediately notify the Company of such requirement and provided further, that the Company shall have the
right, at its expense, to object to such disclosures and to seek confidential treatment of any Confidential Information to be so disclosed on such terms as it shall determine. 
 3.4 Enforcement. 
 (a) Macias acknowledges that violation of any of the
covenants and agreements set forth in this Article III would cause the Company and its Affiliates irreparable damage for which they cannot be reasonably compensated in damages in an action at law, and therefore in the event of any breach by Macias
of this Article III, the Company and its Affiliates shall be entitled to make application to a court of competent jurisdiction for equitable relief by way of injunction or otherwise (without being required to post a bond). This provision shall not,
however, be construed as a waiver of any of the rights which the Company or any of its Affiliates may have for damages under this Agreement or otherwise, and all of such parties’ rights and remedies shall be unrestricted. This Article III shall
survive termination of this Agreement or Termination of Employment for any reason whatsoever. 
 (b) If any of the provisions of
this Agreement shall otherwise contravene or be invalid under the laws of any state or other jurisdiction where it is applicable but for such contravention or invalidity, such contravention or invalidity shall not invalidate all of the provisions of
this Agreement, but rather the Agreement shall be reformed and construed, insofar as the laws of that state or jurisdiction are concerned, as not containing the provision or provisions, but only to the extent that they are contravening or are
invalid under the laws of that state or jurisdiction, and the rights and obligations created hereby shall be reformed and construed and enforced accordingly. In particular, if any of the covenants or agreements set forth in this Article III, or any
part thereof, is held to be unenforceable because of the duration of such provision or the area covered thereby, or otherwise, the parties hereby expressly agree that the court making such determination shall have the power to reduce the duration
and/or the areas of such provision or otherwise limit any such provision, and, in its reduced form, such provision shall then be enforceable. The parties intend that each covenant set forth in this Article III shall

  
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be deemed to be a series of separate covenants, one for each and every county and political subdivision to which it is applicable. 

(c) Macias understands that the provisions of this Article III may limit his ability to earn a livelihood in a business similar to the
Business but nevertheless agrees and hereby acknowledges that such provisions do not impose a greater restraint than is necessary to protect the goodwill or other business interests of the Company and its Affiliates and the consideration provided
under this Agreement, including, without limitation, any amounts or benefits provided hereunder, is sufficient to compensate Macias for the restrictions contained in this Article III In consideration of the foregoing and in light of Macias’
education, skills and abilities, Macias agrees that he will not assert, and it should not be considered, that any provisions of this Article III prevented him from earning a living or otherwise are void, voidable or unenforceable or should be voided
or held unenforceable. 
 (d) Each of the covenants of this Article III is given by Macias as part of the consideration for this
Agreement and as an inducement to the Company to enter into this Agreement and accept the obligations hereunder. 
 ARTICLE IV

 TERMINATION 
 4.1 Termination of Agreement. Upon Termination of Employment, the provisions of this Agreement (other than Article III) shall terminate, provided that the provisions of Section 4.3
shall survive to the extent set forth below. 
 4.2 Procedures Applicable to Elective Termination of Employment. Macias
may resign by providing written notice to the Board setting forth the reasons and specifying the date as of which his resignation is to become effective. The Board may terminate Macias’ employment at any time, with or without Cause, or for
Disability, by providing written notice to Macias specifying the date as of which his termination is to become effective. In each such case the date of Termination of Employment will be the date specified in the notice, provided that neither party
may give less than thirty (30) days advance notice of resignation (except in the case of a termination by the Company with Cause or for Disability). 
 4.3 Obligations of the Company and Macias Upon Termination of Employment. 

(a) Termination In the Event of Death or Disability. In the event of Termination of Employment due to Macias’ death or
Disability, the Company shall pay or provide to Macias or Macias’ heirs, estate or legal representatives, as the case may be, the following: 
 (1) all Accrued Obligations in a lump sum within thirty (30) days after the date of Termination of Employment; 
 (2) the pro rata amount of any bonus payable to Macias under Section 2.2 accrued as of Macias’ Termination of Employment but not yet paid, to the extent, in such manner and at such time as are
provided under the terms of the bonus 

  
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plan, or, if no bonus plan exists, then as, when and if paid according to the Company’s regular practices; and 
 (3) any benefits accrued by Macias as of the date of Termination of Employment under any qualified retirement plan of the Company to such extent, in such manner and at such time as are provided under the
terms of such plan. 
 (b) Termination Without Cause or for Good Reason. 

(i) In the event of a Termination of Employment by the Company without Cause or a Termination of Employment by Macias for Good Reason,
the Company shall pay or provide to Macias the following: 
 (A) all Accrued Obligations in a lump sum within
thirty (30) days after the date of Termination of Employment; 
 (B) any benefits accrued by Macias as of
the date of Termination of Employment under any qualified retirement plan of the Company to such extent, in such manner and at such time as are provided under the terms of such plan; 

(C) subject to applicable withholding, (i) twelve (12) months (the “Continuation Period”) of
Base Salary in accordance with the Company’s regular payroll practices, and (ii) the pro rata amount of any bonus payable to Macias under Section 2.2 accrued as of Macias’ Termination of Employment but not yet paid, to the
extent, in such manner and at such time as are provided under the terms of the bonus plan, or, if no bonus plan exists, then as, when and if paid according to the Company’s regular practices; 

(D) continuation of all health and welfare benefits coverage of Macias provided under the Company’s benefit plans or
policies (or, if continued coverage is barred under such plans, the Company shall provide to Macias substantially similar benefits) for the Continuation Period; 

(E) the Company shall continue to provide office space to Macias for a reasonable period of time during Macias’
transition following termination; and 
 (ii) If Macias obtains other employment during the Continuation Period, Macias shall
promptly notify the Company thereof and of the aggregate gross compensation payable to Macias in respect of such other employment during the Continuation Period. The Company shall have the right to deduct, dollar for dollar, from the amount payable
by the Company to Macias the gross aggregate amount of compensation Macias receives from such other employment during the Continuation Period, and the Company will also have the right to terminate any benefit or payment in lieu of a benefit then
being provided pursuant to clause (D) above if a comparable benefit is offered by the new employer. 

  
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 (iii) Notwithstanding any provision herein to the contrary, Macias’
entitlement to the benefits described in Section 4.3(b)(i)(C) through (D) shall be conditioned on Macias’ execution of an effective release of claims (the “Release”), substantially in the form attached hereto as
Exhibit A. 
 (c) Other Terminations. In the event of Termination of Employment for any other reason (including a
termination by the Company for Cause or resignation by Macias), the Company shall pay or provide to Macias the following: 

(1) all Accrued Obligations in a lump sum within thirty (30) days after the date of Termination of Employment; and 

(2) any benefits accrued by Macias as of the date of Termination of Employment under any qualified retirement plan of the Company to
such extent, in such manner and at such time as are provided under the terms of such plan. 
 (d) Exclusivity. The
amounts payable to Macias pursuant to Sections 4.3(a), 4.3(b) and 4.3(c), as the case may be, shall be Macias’ sole remedy in the event of the Termination of Employment of Macias, and Macias waives any and all rights to pursue any other remedy
at law or in equity; provided, however, that this shall not constitute a waiver of any rights provided under any federal, state or local laws or regulations relating to discrimination in employment (except as waived pursuant to the Release)
and provided, further, that nothing in this Section 4.3(d) or elsewhere in this Agreement is intended to limit Macias’ rights under benefit plans maintained by the Company or applicable law which by their terms survive the
applicable Termination of Employment. 
 ARTICLE V 
 MISCELLANEOUS 
 5.1 Binding Effect. This Agreement shall be binding
upon and inure to the benefit of the heirs and representatives of Macias and the successors and assigns of the Company. The Company shall require any successor (whether direct or indirect, by purchase, merger, reorganization, consolidation,
acquisition of assets or stock or other equity units, liquidation, or otherwise), by agreement in form and substance reasonably satisfactory to Macias, expressly to assume and agree to perform this Agreement in the same manner and to the same extent
that the Company would be required to perform this Agreement if no such succession had taken place. Regardless of whether such agreement is executed, this Agreement shall be binding upon any successor of the Company in accordance with the operation
of law, and such successor shall be deemed to be the “Company” for purposes of this Agreement. 
 5.2 Notices.
All notices, requests, demands and other communications hereunder shall be in writing and shall be deemed to have been duly given (i) as of the date delivered, if delivered by hand or mailed within the continental United States by first class
certified mail, return receipt requested, postage prepaid, addressed as follows, or (ii) when transmitted, if sent by facsimile transmission (provided that a confirmation copy is sent by another approved means): 

  
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	 	(a)	if to the Board or the Company, to: 

 Fulcrum BioEnergy, Inc. 
 4900 Hopyard Road, Suite 220 

Pleasanton CA 94588 
 Fax: 
 With a copy to: 

Irell & Manella LLP 
 1800 Avenue of the Stars, Suite 900 
 Los Angeles CA 90067

 Attention: Greg Klein 

Fax: (310) 203-7199 
  

	 	(b)	if to Macias, to: 

 E. James Macias 
  

 
  

 
 Fax: [                    ] 
 Any such address may be changed by written notice sent to the other party at the last recorded address of that party. 
 5.3 Tax Withholding. The Company shall provide for the withholding of any taxes required to be withheld under federal, state and local law (other than the employer’s portion of such taxes)
with respect to any payment in cash and/or other property made by or on behalf of the Company to or for the benefit of Macias under this Agreement or otherwise. The Company may, at its option: (i) withhold such taxes from any cash payments
owing from the Company to Macias or (ii) make other satisfactory arrangements with Macias to satisfy such withholding obligations. 
 5.4 No Assignment; No Third-Party Beneficiaries. This Agreement is not assignable by Macias. No Person shall be, or be deemed to be, a third-party beneficiary of this Agreement. 

5.5 Execution in Counterparts. This Agreement may be executed by the parties hereto in one or more counterparts, each of which
shall be deemed to be an original, but all such counterparts shall constitute one and the same instrument, and all signatures need not appear on any one counterpart. 
 5.6 Governing Law; Jurisdiction. The validity of this Agreement and the interpretation and performance of all its terms shall be governed by and construed in accordance with the laws of the State
of Delaware, without regard to the choice of law rules thereof. Each of the parties hereto (a) consents to submit itself to the personal jurisdiction of any federal court sitting in the Northern District of California in the event any dispute
that the parties fail to resolve arises out of this Agreement, (b) agrees that it shall not attempt to deny or defeat such 

  
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personal jurisdiction by motion or other request for leave from any such court, and (c) agrees that it shall not bring any action relating to this Agreement in any court other than courts
set forth above. In any such proceeding, the parties agree to accept service of process by mail at the addresses herein provided for notice. 
 5.7 Dispute Resolution. 
 (a) Except for injunctive or other equitable
relief as provided in Section 3.4(a), the Company and Macias agree that any and all disputes, controversies or claims arising out of or related to this Agreement or its breach, including without limitation, disputes, claims or controversies
concerning the validity of this Agreement, in whole or in part, shall be determined exclusively by final and binding arbitration before a single arbitrator in Pleasanton, California administered by JAMS pursuant to its Employment Arbitration
Rules & Procedures and subject to JAMS Policy on Employment Arbitration Minimum Standards of Procedural Fairness, and that judgment upon the award of the arbitrator may be rendered in any court of competent jurisdiction. The arbitrator
shall be selected from a list of arbitrators provided by JAMS with substantial professional experience in employment matters. The Company will pay all administration fees associated with the arbitration and the cost of the arbitrator, it being the
parties’ intention that Macias not bear any costs that he would not be required to bear in a court proceeding. 
 (b) The
arbitrator’s authority and jurisdiction shall be limited to determining the dispute in arbitration in conformity with Delaware law, to the same extent as if such dispute were to be determined as to liability and remedy by a court without a
jury. The arbitrator shall render an award that shall include a written statement of opinion setting forth the arbitrator’s findings of fact and conclusions of law. The Company and Macias expressly waive all rights to a jury trial in court on
all statutory or other claims. 
 5.8 Entire Agreement; Amendment. This Agreement embodies the entire understanding of
the parties hereto, and supersedes all other oral or written agreements or understandings between them, regarding the subject matter hereof. No change, alteration or modification hereof may be made except in a writing, signed by both of the parties
hereto. 
 5.9 Headings. The headings in this Agreement are for convenience of reference only and shall not be construed
as part of this Agreement or to limit or otherwise affect the meaning hereof. 
 5.10 409A. It is the intent of the
parties that the provisions of this Agreement conform to the requirements of Section 409A of the Code and any final Treasury Regulations or other authoritative guidance issued thereunder, if such Code section is applicable, and the Agreement
shall be so construed and interpreted. In the event that the Company determines in good faith that any provision of this Agreement does not comply with Section 409A of the Code, the Company and Macias agree to amend this Agreement to the
minimum extent necessary to cause the Agreement to so comply. 
 ARTICLE VI 

DEFINITIONS 

  
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 The following terms used in this Agreement shall have the meanings set forth below:

 “Accrued Obligations” shall mean, as of the date of Termination of Employment, the sum of
(A) Macias’ aggregate Base Salary through such date to the extent not theretofore paid, plus (B) all vacation pay, expense reimbursements and other cash entitlements accrued by Macias hereunder as of such date to the extent not
theretofore paid, in each case subject to applicable withholding. 
 “Affiliate” of any Person shall mean any
other Person controlling, controlled by or under common control with such Person. 
 “Agreement” has the
meaning set forth in the preamble. 
 “Base Salary” shall mean the amount set forth in Section 2.1.

 “Board” shall mean the Board of Directors of the Company. 

“Business” shall mean the design, construction, financing, operation and management of one or more waste-to-biofuel
projects. 
 “Cause” shall mean (i) Macias’ material violation of any of the provisions of this
Agreement (after at least thirty (30) days advance written notice and opportunity to cure); (ii) Macias’ failure to comply with the Board’s directives or policies (after at least thirty (30) days advance written notice and
opportunity to cure); (iii) Macias engaging in conduct which is fraudulent or illegal; (iv) Macias’ gross negligence in the performance or nonperformance of his duties or responsibilities hereunder; (v) Macias’ engagement in
misconduct which is materially injurious or materially damaging to the Company or any of its subsidiaries or the reputation of the Company or any of its Affiliates or (vi) Macias’ conviction of, or plea of nolo contendere to,
a felony. 
 “Code” means the Internal Revenue Code of 1986, as amended. 

“Company” has the meaning set forth in preamble. 

“Confidential Information” shall have the meaning set forth in Section 3.3. 

“Continuation Period” has the meaning set forth in Section 4.3(b)(i)(C). 

“Control” (including, with correlative meanings, the terms “controlling,” “controlled by,” and
“under common control with”), as used with respect to any Person, shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such Person, whether through the ownership
of voting securities or by contract or otherwise. 
 “Disability” shall mean Macias’ permanent disability
or incapacity as determined in accordance with the Company’s disability insurance policy, if such a policy is then in effect, or if no such policy is then in effect, such permanent disability or incapacity shall be determined by the Board in
its good faith judgment based upon inability to perform the essential functions of his 

  
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position, with reasonable accommodation by the Company, for a period in excess of 180 days during any period of 365 calendar days. 

“Employment Period” has the meaning set forth in Section 1.3. 

“Good Reason” means (a) the Company’s material violation of any of the provisions of this Agreement (after at
least thirty (30) days advance written notice and opportunity to cure); or (b) the Company’s principal executive offices, or Macias’ work site, are moved to a location or facility that is more than 50 miles away from Macias’
primary location immediately prior to such relocation (if such relocation is effected without Macias’ consent); or (c) a significant reduction of Macias’ duties, title, position or responsibilities relative to Macias’ duties,
title, position or responsibilities in effect immediately prior to such reduction that is effected without Macias’ consent. 
 “Macias” has the meaning set forth in the preamble. 

“Person” shall mean an individual, corporation, partnership, joint venture, association, joint-stock company, trust,
unincorporated organization, other entity or governmental or other agency or political subdivision thereof. 

“Termination of Employment” shall mean (i) Macias’ death or Disability, (ii) termination by the Company of
Macias’ employment for Cause or without Cause, (iii) resignation by Macias from the employ of the Company with Good Reason or without Good Reason, or (iv) retirement of Macias. 

[Signature page follows] 

  
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 IN WITNESS WHEREOF, the parties hereto have executed and delivered this Agreement as of the
day and year first above written. 
  

			
	FULCRUM BIOENERGY, INC.
		
	By:	 	 /s/ James A.C.
McDermott

			
	Name:	 	 James A.C.
McDermott

			
	Title:	 	 Chairman of Board

	
	 /s/ E. James Macias

	E. James Macias

  
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 EXHIBIT A 
 SEPARATION AGREEMENT AND GENERAL RELEASE 
 THIS SEPARATION AGREEMENT
AND GENERAL RELEASE (“Release”) is entered into by E. James Macias, an individual (“Executive”), and Fulcrum BioEnergy, Inc., a Delaware corporation (the “Company”). 

RECITALS 

WHEREAS, Executive and the Company have entered into that certain Employment Agreement as of
[            ], 2007 (the “Employment Agreement”), which is incorporated by reference herein; and 
 WHEREAS, Executive and the Company desire to settle fully any and all matters between them, including, but not limited to, any matters relating to Executive’s employment with the Company, the
Employment Agreement, and the termination of Executive’s employment. 
 NOW, THEREFORE, in consideration of the mutual
promises set forth herein and other good and valuable consideration, the receipt and sufficiency of which is acknowledged, Executive and the Company agree as follows: 
 1. Termination of Employment. Executive’s employment with the Company is terminated effective
                     (the “Termination Date”). Executive waives and releases any claim that he has or may have to reemployment with
the Company, or any of its parent companies, subsidiary companies, affiliates, successors or assigns. 
 2. Employment
Agreement. The Company will provide termination payments, bonuses and other benefits as and to the extent provided in the Employment Agreement. Executive agrees to comply with all of his continuing obligations under the Employment Agreement,
including, without limitation, the provisions of Article III. Executive will not seek any further compensation or benefits from the Company, or any of its parent companies, subsidiary companies, affiliates, successors or assigns, except as expressly
provided in the Employment Agreement. 
 3. No Authority. Executive understands and agrees that effective on the
Termination Date, Executive is no longer authorized to incur any expenses, obligations, or liabilities on behalf of the Company. 
 4. Protection of Company Property. Executive agrees to immediately turn over to the Company any and all files, memoranda, notes, records, reports, photographs, drawings, plans, papers or other
documents (whether paper or electronic), intellectual property, physical or personal property, obtained by Executive during the course of his employment with the Company and that are the property of the Company. 

  
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 5. Release. As a material inducement to the Company to pay the amounts that may be
due under the Employment Agreement, Executive hereby forever releases and discharges the Company, its parent companies, subsidiaries, owners, affiliates, divisions, shareholders, directors, officers, members, partners, business associations, agents,
current and former employees, attorneys, related companies, predecessors, successors and assigns (collectively, the “Released Parties”), and each of them, of and from any and all charges, complaints, claims, or liabilities
(including attorneys’ fees and costs actually incurred) of any nature whatsoever, known or unknown, suspected or unsuspected, including, but not limited to, rights arising out of alleged violations of any contracts, express or implied, or any
state law tort claim, or any federal, state, or other governmental statute, regulation, or ordinance, including, but not limited to, claims under Title VII of the Civil Rights Act of 1964 or the Age Discrimination in Employment Act, 29 U.S.C.
§§ 621-634, which Executive now has or claims to have, or which Executive at any time heretofore had or claimed to have, or which Executive at any time hereinafter may have or claim to have, against each or any of the Released Parties;
provided, however, Executive specifically does not release any rights under the Age Discrimination in Employment Act arising after the Effective Date of this Release, any claims to enforce this Release or any claims which Executive is
precluded from waiving by operation of law. Notwithstanding the foregoing, the parties acknowledge that any continuing obligations under the Employment Agreement remain in full force and effect. As a material inducement to Executive to agree to the
foregoing release, the Company on behalf of itself and each of its controlled affiliates hereby forever releases and discharges Executive of and from any and all charges, complaints, claims, or liabilities (including attorneys’ fees and costs
actually incurred) of any nature whatsoever, known or unknown, suspected or unsuspected, which the Company or any such controlled affiliate now has or claims to have, or which the Company or any such controlled affiliate at any time heretofore had
or claimed to have, or which the Company or any such controlled affiliate at any time hereinafter may have or claim to have, against Executive; provided, however, the Company specifically does not release (either on its own behalf or
on behalf of any such controlled affiliate) any rights relating to any act of misappropriation, embezzlement, fraud or similar conduct involving the Company or any such controlled affiliate. In the event that any such charge, complaint, claim or
liability is asserted against Executive by any Released Party (other than the Company or any such controlled affiliate) by reason of Executive’s employment by the Company or any such controlled affiliate or by reason of any action taken or
failure to take action in the course of Executive’s employment by the Company or any of its controlled affiliates, the Company shall fully defend and hold harmless Executive against such charge, complaint, claim or liability (including
attorneys’ fees and costs actually incurred); provided, however, the Company shall not have any obligation to indemnify or hold harmless Executive against any such charge, complaint, claim or liability to the extent that such
charge, complaint, claim or liability to the extent that the same is based upon or arises out of any act of misappropriation, embezzlement, fraud or similar conduct by Executive or if such indemnification is not permitted under applicable law; and
provided further, that Executive’s right to indemnification shall not supersede or modify any right of indemnification Executive may have under any insurance policy, the by-laws of the Company or any of its controlled affiliates, or otherwise.

 6. No Claims. Executive represents that Executive has not filed any complaints, charges, or lawsuits with any local,
state, or federal agency or court against the Company or any of the Released Parties, that Executive will not do so at any time based upon any matter that he 

  
 A-2

 
released in Paragraph 5 that arose on or before the execution of this Release, and that if any such agency or court assumes jurisdiction of any such charge, complaint, or lawsuit against the
Company or any of the Released Parties on behalf of Executive, Executive will request such agency or court to withdraw from the matter. 
 7. Consultation with Counsel. Executive agrees that Executive fully understands Executive’s right to discuss all aspects of this Release with Executive’s attorney, that the Company
encourages Executive to consult with legal counsel, that Executive has carefully read and fully understands all the provisions of this Release, and that Executive is knowingly and voluntarily entering into this Release. 

8. No Representations. Executive represents and acknowledges that, in signing this Release, Executive does not rely, and has not
relied, upon any representation or statement made by any of the Released Parties or by any of the Released Parties’ agents, representatives, or attorneys with regard to the subject matter, basis, or effect of this Release or otherwise.

 9. Acceptance and Revocation. Executive agrees that this Release was presented to Executive for review and
consideration on                      (the “Review Date”) and that Executive was provided twenty-one (21) days from the Review
Date within which to decide whether to execute this Release and return it to the Company. Executive further understands that Executive has seven (7) days after execution of this Release within which to provide the Company with written notice of
revocation of this Release (the “Revocation Period”). If said written notice of revocation is not received by the Company by the close of business on the seventh (7th) day following Executive’s signing of this Release,
Executive agrees that this Release shall be final, binding, and irrevocable. If Executive does exercise his right to revoke this Release, all of the terms and conditions of the Release shall be of no force and effect and the Company shall not have
any obligation to make payments to Executive as set forth in this Release. 
 10. Notices. Any notices provided hereunder
must be in writing and shall be deemed effective upon the earlier of two days following personal delivery (including personal delivery by telecopy or telex), or the fourth day after mailing by first class mail to the recipient at the address
indicated below, or to such address or to the attention of such other person as the recipient party will have specified by prior written notice to the sending party. The executed copy of this Release and/or any written notices should be provided to:

  
 A-3

 To the Company: 
 Fulcrum BioEnergy, Inc. 
 c/o USRG Management Company, LLC 

2425 Olympic Boulevard, Suite 6050 West 
 Santa Monica, CA 90404 
 Attention: James A.C. McDermott 

Fax: (310) 861-5556 
 With a copy to: 
 Irell & Manella LLP 

1800 Avenue of the Stars, Suite 900 
 Los Angeles, California 90067 
 Attention: Greg Klein 

Fax: (310) 203-7199 
 To Executive: 
 E. James Macias 

 
  

 
  

Fax: [                    ]

 11. Effective Date. 
 This Release shall not become effective in any respect until the Revocation Period has expired without notice of revocation. In the absence of Executive’s revocation of this Release, the seventh
(7th) day after Executive’s signing of this Release shall be the “Effective Date” of this Release. 

12. No Admissions. This Release shall not in any way be construed as an admission by the Company that it has acted wrongfully or
breached any release with respect to Executive or any other person, or an admission of any acts of discrimination whatsoever against Executive, and the Company specifically disclaims any liability to or discrimination against Executive, on the part
of itself, its employees, its agents or its affiliates. 
 13. Executive Breach. Executive agrees that, in the event
Executive breaches any provision of this Release, Executive agrees to indemnify the Company and the Released Parties against all liability, costs and expenses, including reasonable attorney’s fees, and will reimburse the Company for all
benefits paid to Executive pursuant to this Release. 
 14. Sole and Entire Agreement. The Release, including the
Employment Agreement, constitutes the entire agreement of the parties, and fully supersedes any and all prior and 

  
 A-4

 
contemporaneous agreements or understandings between the parties. This Release may be amended or modified only by an agreement in writing and signed by both parties. 

15. Governing Law. The validity, interpretation, construction and performance of this Agreement will be governed by and construed
in accordance with the substantive laws of the State of Delaware, without giving effect to its principles of conflict of laws. 

16. Severability. If any provision of this Release or the application of any provision hereof to any person or circumstances is
held invalid, unenforceable or otherwise illegal, the remainder of this Release and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or otherwise
illegal will be reformed to the extent (and only to the extent) necessary to make it valid, enforceable and legal. 
 17.
Waiver. Except as provided herein, the waiver by either party of the other party’s prompt and complete performance, or breach or violation, of any provision of this Release shall not operate nor be construed as a waiver of any subsequent
breach or violation, and the failure by any party hereto to exercise any right or remedy which it may possess hereunder shall not operate nor be construed as a bar to the exercise of such right or remedy by such party upon the occurrence of any
subsequent breach or violation. 
 18. Captions. The captions of this Release are for convenience and reference only and
in no way define, describe, extend or limit the scope or intent of this Release or the intent of any provision hereof. 
 19.
Construction. The parties acknowledge that this Release is the result of arm’s-length negotiations between sophisticated parties each afforded representation by legal counsel. Each and every provision of this Release shall be construed
as though both parties participated equally in the drafting of the same, and any rule of construction that a document shall be construed against the drafting party shall not be applicable to this Release. 

20. Counterparts. This Release may be executed in one or more counterparts, each of which will be deemed to be an original but all
of which together will constitute one and the same agreement. 

  
 A-5

 PLEASE READ AND CONSIDER THIS RELEASE CAREFULLY BEFORE SIGNING IT. THIS SEPARATION AGREEMENT AND GENERAL
RELEASE INCLUDES A RELEASE OF ALL KNOWN AND UNKNOWN CLAIMS. 
 IN WITNESS WHEREOF, the parties have executed this Separation
Agreement and General Release as of the date set forth above. 
  

			
	FULCRUM BIOENERGY, INC.
		
	By:	 	  

			
	Name:	 	  

			
	Title:	 	  

	
	  

	E. James Macias

  
 A-6Office Lease

 Exhibit 10.15 
 SIGNATURE CENTER 
 OFFICE LEASE 

BETWEEN 

PRINCIPAL LIFE INSURANCE COMPANY 
 an Iowa corporation 
 (“LANDLORD”) 

AND 
 FULCRUM
BIOENERGY, INC. 
 a Delaware Corporation 
 (“TENANT”) 
 October 5, 2007 

 TABLE OF CONTENTS 

 

					
	 ARTICLE
	  	PAGE	 
		
	1          TERM	  	 	1	  
		
	2          POSSESSION	  	 	2	  
		
	3          BASIC RENT	  	 	2	  
		
	4          RENTAL ADJUSTMENT	  	 	3	  
		
	5          SECURITY DEPOSIT	  	 	4	  
		
	6          USE	  	 	5	  
		
	7          NOTICES	  	 	6	  
		
	8          BROKERS	  	 	6	  
		
	9          HOLDING OVER	  	 	7	  
		
	10        TAXES ON TENANT’S PROPERTY	  	 	7	  
		
	11        CONDITION OF PREMISES	  	 	8	  
		
	12        ALTERATIONS	  	 	8	  
		
	13        REPAIRS	  	 	9	  
		
	14        LIENS	  	 	10	  
		
	15        ENTRY BY LANDLORD	  	 	10	  
		
	16        UTILITIES AND SERVICES	  	 	10	  
		
	17        BANKRUPTCY	  	 	11	  
		
	18        INDEMNIFICATION	  	 	12	  
		
	19        DAMAGE TO TENANT’S PROPERTY	  	 	12	  
		
	20        TENANT’S INSURANCE	  	 	13	  

					
		
	21        DAMAGE OR DESTRUCTION	  	 	14	  
		
	22        EMINENT DOMAIN	  	 	16	  
		
	23        DEFAULTS AND REMEDIES	  	 	16	  
		
	24        ASSIGNMENT AND SUBLETTING	  	 	18	  
		
	25        SUBORDINATION	  	 	20	  
		
	26        ESTOPPEL CERTIFICATE	  	 	20	  
		
	27        SIGNAGE	  	 	21	  
		
	28        RULES AND REGULATIONS	  	 	22	  
		
	29        CONFLICT OF LAWS	  	 	22	  
		
	30        SUCCESSORS AND ASSIGNS	  	 	22	  
		
	31        SURRENDER OF PREMISES	  	 	22	  
		
	32        ATTORNEY’S FEES	  	 	22	  
		
	33        PERFORMANCE BY TENANT	  	 	23	  
		
	34        MORTGAGEE PROTECTION	  	 	23	  
		
	35        DEFINITION OF LANDLORD	  	 	23	  
		
	36        WAIVER	  	 	23	  
		
	37        IDENTIFICATION OF TENANT	  	 	24	  
		
	38        PARKING	  	 	24	  
		
	39        TERMS AND HEADINGS	  	 	25	  
		
	40        EXAMINATION OF LEASE	  	 	25	  
		
	41        TIME	  	 	25	  
		
	42        PRIOR AGREEMENT: AMENDMENTS	  	 	25	  
		
	43        SEPARABILITY	  	 	25	  

					
		
	44        RECORDING	  	 	25	  
		
	45        CONSENTS	  	 	26	  
		
	46        LIMITATION ON LIABILITY	  	 	26	  
		
	47        RIDERS	  	 	27	  
		
	48        EXHIBITS	  	 	27	  
		
	49        MODIFICATION FOR LENDER	  	 	27	  
		
	50        PROJECT PLANNING	  	 	27	  
		
	51        OFAC COMPLIANCE	  	 	27	  
		
	52        EXPANSION OPTION	  	 	28	  

 LIST OF EXHIBITS 

 

			
	EXHIBIT A	  	The Premises
		
	EXHIBIT A-1	  	The Building
		
	EXHIBIT B	  	Tenant Improvements
		
	EXHIBIT C	  	Standards for Utilities and Services
		
	EXHIBIT D	  	Rules and Regulations
		
	EXHIBIT E	  	Parking Rules and Regulations

 SIGNATURE CENTER 
 THIS LEASE is made as of October 5, 2007, by and between PRINCIPAL LIFE INSURANCE COMPANY, an Iowa corporation (“Landlord”), and FULCRUM BIOENERGY, INC., a Delaware Corporation
(“Tenant”). 
 Landlord hereby leases to Tenant and Tenant hereby leases from Landlord Suite Number 220 (the
“Premises”) outlined on the floor plan attached hereto and marked EXHIBIT A, the Premises being agreed, for the purposes of this Lease, to have an area of approximately five thousand nine hundred sixty four (5,964) rentable
square feet and being situated on the second floor of that certain office building located at 4900 Hopyard Road, Pleasanton, California (the “Building”), and part of a two building complex (the “Project”) more particularly
described in EXHIBIT A-1 attached hereto. The building contains approximately ninety six thousand two hundred sixty four (96,264) rentable square feet of space. Tenant acknowledges that Landlord may elect to sell one or more of the
buildings within the Project and that upon any such sale Tenant’s pro-rata share of those Direct Expenses allocated to the outside areas of the Project may be adjusted accordingly. 

The parties hereto agree that said letting and hiring is upon and subject to the terms, covenants and conditions herein set forth. Tenant
covenants, as a material part of the consideration for this Lease to keep and perform each and all of said terms, covenants and conditions for which Tenant is liable and that this Lease is made upon the condition of such performance. 

Prior to the commencing of the term of this Lease the Premises shall be improved by the Tenant Improvements described in EXHIBIT B
attached hereto. 
 ARTICLE 1 
 TERM 
 The term of this Lease shall be for sixty (60) months, unless
sooner terminated as hereinafter provided, commencing upon the earlier of: 
 (i) Substantial completion of the Tenant
Improvements described in EXHIBIT B and the tender of possession of the Premises to Tenant or 
 (ii) The date that
Tenant opened for business in the Premises, and ending on the last day of the last month in the term of this Lease, unless such term shall be sooner terminated as hereinafter provided. As soon as the commencement date is determined, the parties
shall enter into an amendment of this Lease setting forth the precise commencement and termination dates of this Lease. Failure to enter into such an amendment, however, shall not affect Tenant’s liability hereunder. Reference in this Lease to
a “Lease Year” shall mean each successive twelve month period commencing with the commencement date. 
 Landlord and Tenant estimate
that the commencement date shall be October 15, 2007. 

  
 1 

 ARTICLE 2 
 POSSESSION 
 Tenant agrees that, if Landlord is unable to deliver
possession of the Premises to Tenant on the scheduled commencement of the term of this Lease, this Lease shall not be void or voidable, nor shall Landlord be liable to Tenant for any loss or damage resulting therefrom, but in such event the Term of
this Lease shall not commence until Landlord tenders possession of the Premises to Tenant with the Tenant Improvements substantially completed. If Landlord substantially completes construction of the Tenant Improvements in EXHIBIT B, Landlord shall
deliver possession of the Premises to Tenant upon such completion and the term of this Lease shall thereupon commence. 

ARTICLE 3 

BASIC RENT 

(a) Tenant agrees to pay Landlord Basic Rent for the Premises (subject to adjustment as hereinafter provided) as follows: 

 

					
	 Months of Term
	  	Basic Rent/Per Month	 
		
	 01 – 12
	  	$	13,717.20	  
	 13 – 24
	  	$	14,015.40	  
	 25 – 36
	  	$	14,313.60	  
	 37 – 48
	  	$	14,611.80	  
	 49 – 60
	  	$	14,910.00	  

 The Basic Rent shall be paid monthly, in advance on the first (1st) day of each calendar month during the term,
commencing on the first (1st) month of the Lease term and continuing on the first day of each month thereafter, except that the first (1st) month’s rent shall be paid on execution hereof. If Tenant’s obligation to pay rent
commences or ends on a day other than the first day of a calendar month, then the rental for such period shall be prorated in the proportion that the number of days this Lease is in effect during such period bears to thirty. In addition to the Basic
Rent, Tenant agrees to pay as additional rental the amount of rental adjustments and other charges required by this Lease. All rental shall be paid to Landlord, without prior demand and without any deduction or offset except as expressly provided
herein, in lawful money of the United States of America, at the address of Landlord designated on the signature page of this Lease or to such other person or at such other place as Landlord may from time to time designate in writing. 

(b) Late Charges. In the event Tenant fails to pay any installment of rent within five (5) days of when due or in the event
Tenant fails to make any other payment for which Tenant is obligated under this Lease within five (5) days of when due, then Tenant shall pay to Landlord a late charge equal to 5% of the amount due to compensate Landlord for the extra costs
incurred as a result of such late payment. 

  
 2 

 ARTICLE 4 
 RENTAL ADJUSTMENT 
 (a) For the purpose of this Article 4, the following
terms are defined as follows: 
 (i) Tenant’s Percentage. That portion of the Building occupied by Tenant divided
by the total rentable square footage of the Building, which result is the following: 6.20%. 
 (ii) Direct Expenses
Base. The amount of annual Direct Expenses which Landlord has included in Annual Basic Rent is the amount of Tenant’s Percentage of the actual Direct Expenses for 2007. If the Project is less than ninety-five percent (95%) occupied
during any calendar year of the term, an adjustment shall be made in computing the Direct Expenses for such year so that Direct Expenses shall be computed as though the Project were ninety-five percent (95%) occupied. Direct expenses shall be
charged to Tenant on a non-discriminatory basis, consistent in scope and timing with the other tenants in the Building. 

(iii) Direct Expenses. The term “Direct Expenses” shall include: 

(A) All real and personal property taxes and assessments imposed by any governmental authority or agency on the Building and the land on
which the Building is located (including a pro-rata portion of any taxes levied on any common areas); any assessments levied in lieu of taxes; any non-progressive tax on or measured by gross rentals received from the rental of space in the Building;
and any other costs levied or assessed by, or at the direction of, any federal, state, or local government authority in connection with the use or occupancy of the Premises or the parking facilities serving the Premises; any tax on this transaction
or any document to which Tenant is a party creating or transferring an interest in the Premises, and any expenses, including cost of attorneys or experts, reasonably incurred by Landlord in seeking reduction by the taxing authority of the
above-referenced taxes, less tax refunds obtained as a result of an application for review thereof; but shall not include any net income, franchise, capital stock, estate or inheritance taxes. 

(B) Operating costs consisting of costs incurred by Landlord in maintaining and operating the Building, exclusive of costs required to
be capitalized for federal income tax purposes, and including (without limiting the generality of the foregoing) the following: costs of utilities, supplies and insurance, cost of services of independent contractors, managers at market rates and
other suppliers, the fair rental value of the management office, cost of compensation (including employment taxes and fringe benefits) of all persons who perform regular and recurring duties connected with the management, operation, maintenance, and
repair of the Building (not above the level of property manager), its equipment, parking facilities and the common areas, including, without limitation, engineers, janitors, foremen, floor waxers, window washers, watchmen and gardeners, but
excluding persons performing services not uniformly available to or performed for substantially all Building tenants; cost of maintaining, repairing and replacing landscaping, sprinkler systems, concrete walkways, paved parking areas, signs, and
site lighting. 

  
 3 

 (C) Amortization of such capital improvements as Landlord may have installed: (a) for
the purpose of reducing operating costs, (b) to comply with governmental rules and regulations promulgated after completion of the Building, (c) for the purpose of replacing existing capital items and improvements, and (d) any costs
required by the CC&R’s, as defined in Article 6, affecting the Premises or by any corporation, committee or association formed in connection therewith, provided that such cost together with interest at the maximum rate allowed by law shall
be amortized over such reasonable period as Landlord shall determine, and only the monthly amortized cost shall be included in Direct Expenses. 
 (b) Payment of Direct Expenses. 
 (i) If Tenant’s Percentage of the
Direct Expenses paid or incurred by Landlord for any calendar year beginning after January 1, 2009 exceeds the Direct Expenses Base included in Tenant’s rent, then Tenant shall pay such excess as additional rent. 

(ii) In addition, for each year after January 1, 2009, or portion thereof, Tenant shall pay Tenant’s Percentage of
Landlord’s estimate of the amount by which Direct Expenses for that year shall exceed the Direct Expenses Base (“Landlord’s Estimate”). This estimated amount shall be divided into twelve (12) equal monthly installments.
Tenant shall pay to Landlord, concurrently with the regular monthly rent payment next due following the receipt of such statement, an amount equal to one monthly installment multiplied by the number of months from January in the calendar year in
which said statement is submitted to the month of such payment, both months inclusive. Subsequent installments shall be payable concurrently with the regular monthly rent payments for the balance of that calendar year and shall continue until the
next calendar year’s statement is rendered. 
 (iii) No later than 180 days after the end of each calendar year, Landlord
shall provide Tenant with a statement showing the amount of Tenant’s Percentage of Direct Expenses, the amount of Landlord’s Estimate actually paid by Tenant and the amount of the Direct Expenses Base. Promptly thereafter, Landlord shall
reconcile the above amounts and shall either bill Tenant for the balance due (payable on demand by Landlord) or credit any overpayment by Tenant towards the next monthly installment of Landlord’s Estimate falling due, as the case may be. For
purposes of making these calculations, in no event shall Tenant’s Percentage of the Direct Expenses be deemed to be less than the Direct Expenses Base. 
 (c) Even though the term has expired and Tenant has vacated the Premises, when the final determination is made of Tenant’s Percentage of Direct Expenses for the year in which this Lease terminates,
Tenant shall immediately pay any increase due over the estimated expenses paid and, conversely, any overpayment made in the event said expenses decrease shall be promptly rebated by Landlord to Tenant. 

ARTICLE 5 

SECURITY DEPOSIT 

  
 4 

 (a) Upon Tenant’s execution of the Lease, Tenant will provide a security deposit with
Landlord in the sum of Fourteen Thousand Six Hundred Twelve Dollars and no/100 ($14,612.00). Said sum shall be held by Landlord as security for the faithful performance by Tenant of all of Tenant’s obligations hereunder. If Tenant defaults with
respect to any provision of this Lease, including but not limited to the provisions relating to the payment of rent, Landlord may (but shall not be required to) use, apply or retain all or any part of this security deposit for the payment of any
rent or any other sum in default, or for the payment of any other amount which Landlord may reasonably spend or become obligated to spend by reason of Tenant’s default or to compensate Landlord for any other loss or damage which Landlord may
suffer by reason of Tenant’s default. If any portion of the security deposit is so used or applied, Tenant shall, upon demand, deposit cash with Landlord in an amount sufficient to restore the security deposit to its original amount.
Tenant’s failure to do so shall be a material breach of this Lease. Landlord shall not be required to keep this security deposit separate from its general funds, and Tenant shall not be entitled to interest on such security deposit. If Tenant
shall fully and faithfully perform all of its obligations under this Lease, the security deposit or any balance thereof shall be returned to Tenant (or, at Landlord’s option, to the last assignee of Tenant’s interests hereunder) at the
expiration of the Lease term, provided that Landlord may retain the security deposit until such time as any amount due from Tenant in accordance with Article 4 hereof has been determined and paid in full. 

(b) Tenant waives (i) California Civil Code Section 1950.7 and any and all other laws, rules and regulations applicable to
security deposits in the commercial context (“Security Deposit Laws”), and (ii) any and all rights, duties and obligations either party may now or, in the future, will have relating to or arising from the Security Deposit Laws.
Notwithstanding anything to the contrary herein, the security deposit may be retained and applied by Landlord (a) to offset Rent which is unpaid either before or after termination of this Lease, and (b) against other damages suffered by
Landlord before or after termination of this Lease. 
 ARTICLE 6 

USE 

Tenant shall use the Premises for general office use or uses incidental thereto and shall not use or permit the Premises to be used for
any other purpose without the prior written consent of Landlord. Nothing contained herein shall be deemed to give Tenant any exclusive right to such use in the Building. Tenant shall not use or occupy the Premises in violation of law or of the
certificate of occupancy issued for the Building or Project, and shall, upon written notice from Landlord, discontinue any use of the Premises which is declared by any governmental authority having jurisdiction to be a violation of law or of said
certificate of occupancy. Tenant shall comply with any direction of any governmental authority having jurisdiction which shall, by reason of the nature of Tenant’s use or occupancy of the Premises, impose any duty upon Tenant with respect to
the use or occupation thereof. Tenant shall not do or permit to be done anything which will invalidate or increase the cost of any fire, extended coverage or any other insurance policy covering the Building and/or Project and/or property located
therein and shall comply with all rules, orders, regulations and requirements of the Insurance Service Offices, formerly known as the Pacific Fire Rating Bureau or any other organization performing a similar function. Tenant shall promptly, upon
demand, reimburse Landlord for any additional premium charged for such policy by reason of 

  
 5 

 
Tenant’s failure to comply with the provisions of this Article. Tenant shall not do or permit anything to be done in or about the Premises which will in any way obstruct or interfere with
the rights of other tenants or occupants of the Building, or injure or annoy them, or use or allow the Premises to be used for any improper, immoral, unlawful or objectionable purpose, nor shall Tenant cause, maintain or permit any nuisance in, on
or about the Premises. Tenant shall not commit or suffer to be committed any waste in or upon the Premises. Tenant acknowledges that Landlord has recorded covenants, conditions and restrictions against the Premises on June 30, 1983 as
Instrument Number 83/115477 in the Official Records of Alameda County (the “CC&R’s”), and further amended via Certification of Amendment dated April 18, 1985 Instrument Number 85/07539 and Second Certification of Amendment
dated October 11, 1989 Instrument Number 89/277713. Tenant’s use of the Premises shall be subject to and Tenant shall comply with the CC&R’s, as the same may be amended from time to time. Tenant acknowledges that there have been
and may be from time to time recorded easements and/or declarations granting or declaring easements for parking, utilities, fire or emergency access, and other matters. Tenant’s use of the Premises shall be subject to and Tenant shall comply
with any and all such easements and declarations so long as Tenant’s access to and use of the Premises are not adversely affected. Tenant’s use of the Premises shall be subject to such guidelines as may from time to time be prepared by
Landlord or the Meyer Center-Pleasanton Owner’s Association in their sole discretion. Tenant acknowledges that governmental entities with jurisdiction over the Premises may, from time to time promulgate laws, rules, plans and regulations
affecting the use of the Premises, including, but not limited to, traffic management plans and energy conservation plans. Tenant’s use of the Premises shall be subject to and Tenant shall comply with any and all such laws, rules, plans, and
regulations. Tenant, at its sole cost, shall comply with all laws relating to the storage, use and disposal of hazardous, toxic or radioactive matter, including those materials identified in Sections 66680 through 66685 of Title 33 of the California
Administrative Code, Division 4, Chapter 30 (“Title 22”) as they may be amended from time to time (collectively “Toxic Materials”); provided however, Tenant’s obligations shall be limited to the presence of Toxic Materials
brought or permitted to be brought on the Premises by Tenant. If Tenant does store, use or dispose of any Toxic Materials, Tenant shall notify Landlord in writing at least ten (10) days prior to their first appearance on the Premises.

 ARTICLE 7 
 NOTICES 
 Any notice required or permitted to be given hereunder must be in
writing and may be given by personal delivery, electronic mail, or by mail, and if given by mail shall be deemed sufficiently given if sent by registered or certified mail addressed to Tenant at the Building, or to Landlord at its address set forth
at the end of this Lease. Either party may specify a different address for notice purposes by written notice to the other except that the Landlord may in any event use the Premises as Tenant’s address for notice purposes. 

ARTICLE 8 

BROKERS 

Tenant warrants that it has had no dealings with any real estate broker or agent in connection with the negotiation of this Lease, except
Aron Hoenninger of Lee & Associates-East 

  
 6 

 
Bay, Inc., whose commission shall be payable by Landlord, and that it knows of no other real estate broker or agent who is or might be entitled to a commission in connection with the Lease. If
Tenant has dealt with any other person or real estate broker with respect to leasing or renting space in the Building, Tenant shall be solely responsible for the payment of any fee due said person or firm and Tenant shall hold Landlord free and
harmless against any liability in respect thereto, including attorneys’ fees and costs. 
 ARTICLE 9 

HOLDING OVER 
 If Tenant holds over after the expiration or earlier termination of the term hereof without the express written consent of Landlord, Tenant shall become a Tenant at sufferance only, at a rental rate equal
to one hundred fifty percent (150%) of the rent in effect upon the date of such expiration (subject to adjustment as provided in Paragraph 4 hereof and prorated on a daily basis), and otherwise subject to the terms, covenants and conditions
herein specified, so far as applicable. Acceptance by Landlord of rent after such expiration or earlier termination shall not result in a renewal of this Lease. The foregoing provisions of this Article 9 are in addition to and do not affect
Landlord’s right of re-entry or any rights of Landlord hereunder or as otherwise provided by law. If Tenant fails to surrender the Premises upon the expiration of this Lease despite demand to do so by Landlord, Tenant shall indemnify and hold
Landlord harmless from all loss or liability, including without limitation, any claim made by any succeeding tenant founded on or resulting from such failure to surrender and any attorneys’ fees and costs. 

ARTICLE 10 

TAXES ON TENANT’S PROPERTY 
 (a) Tenant shall be liable for and shall pay, prior to delinquency all taxes levied against any personal property or trade fixtures placed by Tenant in or about the Premises. If any such taxes on
Tenant’s personal property or trade fixtures are levied against Landlord or Landlord’s property or if the assessed value of the Premises is increased by the inclusion therein of a value placed upon such personal property or trade fixtures
of Tenant and if Landlord, after written notice to Tenant, pays the taxes based upon such increased assessment, which Landlord shall have the right to do regardless of the validity thereof, but only under proper protest if requested by Tenant,
Tenant shall, upon demand, repay to Landlord the taxes so levied against Landlord, or the portion of such taxes resulting from such increase in the assessment. 
 (b) If the Tenant Improvements in the Premises, whether installed, and/or paid for by Landlord or Tenant and whether or not affixed to the real property so as to become a part thereof, are assessed for
real property tax purposes at a valuation higher than the valuation at which Tenant Improvements conforming to Landlord’s “Building Standard,” in other space in the Building are assessed, then the real property taxes and assessment
levied against the Building by reason of such excess assessed valuation shall be deemed to be taxes levied against personal property of Tenant and shall be governed by the provisions of Paragraph 10(a), above. If the records of the County Assessor
are available and sufficiently detailed to serve as a basis for determining whether said Tenant Improvements are assessed at a higher valuation than Landlord’s 

  
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Building Standard, such records shall be binding on both the Landlord and the Tenant. If the records of the County Assessor are not available or sufficiently detailed to serve as a basis for
making said determination, the actual cost of construction shall be used. 
 ARTICLE 11 

CONDITION OF PREMISES 
 Tenant acknowledges that neither Landlord nor any agent of Landlord has made any representation or warranty with respect to the Premises or the Building or with respect to the suitability of either for
the conduct of Tenant’s business. The taking of possession of the Premises by Tenant shall conclusively establish that the Premises and the Building were in satisfactory condition at such time. 

ARTICLE 12 

ALTERATIONS 
 (a) Tenant shall make no alterations, additions or improvements in or to the Premises without Landlord’s prior written consent, and then only by contractors or mechanics approved by Landlord except
that Tenant may make non-structural alterations in the amount of $1,000 per year to a cumulative maximum of $5,000 without Landlord’s consent. Tenant agrees that there shall be no construction or partitions or other obstructions which might
interfere with Landlord’s free access to mechanical installations or service facilities of the Building or interfere with the moving of Landlord’s equipment to or from the enclosures containing said installations or facilities. All such
work shall be done at such times and in such manner as Landlord may from time to time designate. Tenant covenants and agrees that all work done by Tenant shall be performed in full compliance with all laws, rules, orders, ordinances, regulations and
requirements of all governmental agencies, offices, and boards having jurisdiction, and in full compliance with the rules, regulations and requirements of the Insurance Service Offices formerly known as the Pacific Fire Rating Bureau, and of any
similar body. Before commencing any work, Tenant shall give Landlord at least ten days written notice of the proposed commencement of such work and shall, if reasonably required by Landlord, secure at Tenant’s own cost and expense, a completion
and lien indemnity bond, satisfactory to Landlord, for said work. Tenant further covenants and agrees that any mechanic’s lien filed against the Premises or against the Building for work claimed to have been done for, or materials claimed to
have been furnished to, Tenant will be discharged by Tenant, by bond or otherwise, within thirty days after the filing thereof, at the cost and expense of Tenant. All alterations, additions or improvements upon the Premises made by either party,
including (without limiting the generality of the foregoing) all wallcovering, built-in cabinet work, paneling and the like, shall, unless Landlord elects otherwise, become the property of Landlord, and shall remain upon, and be surrendered with the
Premises, as a part thereof, at the end of the term hereof, except that unless Tenant secured Landlord’s consent to the contrary in advance of making any alterations, Landlord may, by written notice to Tenant, require Tenant to remove all
partitions, counters, railings and the like installed by Tenant, and Tenant shall repair all damage resulting from such removal or, at Landlord’s option, shall pay to Landlord all costs arising from such removal. 

  
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 (b) All articles of personal property and all business and trade fixtures, machinery and
equipment, furniture and movable partitions owned by Tenant or installed by Tenant at its expense in the Premises shall be and remain the property of Tenant and may be removed by Tenant at any time during the lease term. If Tenant shall fail to
remove all of its effects from the Premises upon termination of this Lease for any cause whatsoever, Landlord may, at its option ten (10) business days after written notice, remove the same in any manner that Landlord shall choose, and store
said effects without liability to Tenant for loss thereof. In such event, Tenant agrees to pay Landlord upon demand any and all expenses incurred in such removal, including court costs and attorneys’ fees and storage charges on such effects for
any length of time that the same shall be in Landlord’s possession. Thereafter, Landlord may, at its option, without notice, sell said effects, or any of the same, at private sale and without legal process, for such price as Landlord may obtain
and apply the proceeds of such sale upon any amounts due under this Lease from Tenant to Landlord and upon the expense incident to the removal and sale of said effects. 
 ARTICLE 13 
 REPAIRS 

(a) By entry hereunder, Tenant accepts the Premises as being in good and sanitary order, condition and repair. Tenant shall keep,
maintain and preserve the Premises in the condition received, and shall, when and if needed, at Tenant’s sole cost and expense, make all repairs to the Premises and every part thereof. Tenant shall, upon the expiration or sooner termination of
the term hereof, surrender the Premises to Landlord in the same condition as when received, usual and ordinary wear and tear excepted. Except as otherwise expressly provided herein, Landlord shall have no obligation to alter, remodel, improve,
repair, decorate or paint the Premises or any part thereof. The parties hereto affirm that Landlord has made no representations to Tenant respecting the condition of the Premises or the Building except as specifically herein set forth. 

(b) Anything contained in Paragraph 13(a) above to the contrary notwithstanding, Landlord shall repair and maintain the structural
portions of the Building, including the foundations, building shell, and roof structure, all at Landlord’s expense. At Tenant’s expense to be prorated through operating costs, Landlord shall repair and maintain the basic plumbing,
elevators, life safety systems and other building systems, heating, ventilating, air conditioning and electrical systems installed or furnished by Landlord, and perform roof repair and maintenance to the Premises. Landlord shall not be liable for
any failure to make any such repairs or to perform any maintenance unless such failure shall persist for an unreasonable time after written notice of the need of such repairs or maintenance is given to Landlord by Tenant. Except as provided in
Article 21 hereof, there shall be no abatement of rent and no liability of Landlord by reason of any injury to or interference with Tenant’s business arising from the making of any repairs, alterations or improvements in or to any portion of
the Building or the Premises or in or to fixtures, appurtenances and equipment therein. 
 Tenant waives the right to make repairs at
Landlord’s expense under any law, statute or ordinance now or hereafter in effect. 

  
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 ARTICLE 14 
 LIENS 
 Tenant shall not permit any mechanic’s, materialmen’s or
other liens to be filed against the Building or Project, nor against Tenant’s leasehold interest in the Premises. Landlord shall have the right at all reasonable times to post and keep posted on the Premises any notices which it deems necessary
for protection from such liens. If any such liens are filed and Tenant fails to discharge same within 30 days, Landlord may, without waiving its rights and remedies based on such breach of Tenant and without releasing Tenant from any of its
obligations, cause such liens to be released by any means it shall deem proper, including payments in satisfaction of the claim giving rise to such lien. Tenant shall pay to Landlord at once, upon written notice by Landlord, any sum paid by Landlord
to remove such liens, together with interest at the maximum rate per annum permitted by law from the date of such payment by Landlord. 
 ARTICLE 15 
 ENTRY BY LANDLORD 

Landlord reserves and shall at any and all times have the right to enter the Premises to inspect the same, to supply janitorial service
and any service to be provided by Landlord to Tenant hereunder, to show the Premises to prospective purchasers or, during the last six months of the Term, tenants, to post notices of nonresponsibility, to alter, improve or repair the Premises or any
other portion of the Building or Project, all without being deemed guilty of any eviction of Tenant and without abatement of rent. Landlord may, in order to carry out such purposes, erect scaffolding and other necessary structures where reasonably
required by the character of the work to be performed, provided that the business of Tenant shall be interfered with as little as is reasonably practicable. Tenant hereby waives any claim for damages for any injury or inconvenience to or
interference with Tenant’s business, any loss of occupancy or quiet enjoyment of the Premises, and any other loss in, upon and about the Premises. Landlord shall at all times have and retain a key with which to unlock all doors in the Premises,
excluding Tenant’s vaults and safes. Landlord shall have the right to use any and all means which Landlord may deem proper to open said doors in an emergency in order to obtain entry to the Premises. Any entry to the Premises obtained by
Landlord by any of said means, or otherwise, shall not be construed or deemed to be a forcible or unlawful entry into the Premises, or any eviction of Tenant from the Premises or any portion thereof, and any damages caused on account thereof shall
be paid by Tenant. It is understood and agreed that no provision of this Lease shall be construed as obligating Landlord to perform any repairs, alterations or decorations except as otherwise expressly agreed herein by Landlord. 

ARTICLE 16 

UTILITIES AND SERVICES 
 Provided that Tenant is not in default under this Lease, Landlord agrees to furnish or cause to be furnished to the Premises the utilities and services described in the Standards for Utilities and
Services, attached hereto as EXHIBIT C, subject to the conditions and in accordance with the standards set forth therein. Except to the extent caused by the negligence or willful 

  
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misconduct of Landlord, it’s agents, contractors, or employees, Landlord’s failure to furnish any of the foregoing items when such failure is caused by: 

(i) Accident, breakage, or repairs, 
 (ii) Strikes, lockouts or other labor disturbance or labor dispute of any character, 
 (iii) Governmental regulation, moratorium or other governmental action, 
 (iv)
Inability despite the exercise of reasonable diligence to obtain electricity, water or fuel, or by 
 (v) Any other cause beyond
Landlord’s reasonable control, 
 shall not result in any liability to Landlord. In addition, Tenant shall not be entitled to any abatement
or reduction of rent by reason of such failure, no eviction of Tenant shall result from such failure and Tenant shall not be relieved from the performance of any covenant or agreement in this Lease because of such failure. If such failure prevents
Tenant from utilizing its office space under normal business conditions for more than 10 consecutive business days, then Tenant will be entitled to rent abatement. In the event of any failure, stoppage or interruption thereof, Landlord shall
diligently attempt to resume service promptly. 
 ARTICLE 17 

BANKRUPTCY 

If Tenant shall file a petition in bankruptcy under any provision of the Bankruptcy Code as then in effect, or if Tenant shall be
adjudicated a bankrupt in involuntary bankruptcy proceedings and such adjudication shall not have been vacated within thirty days from the date thereof, or if a receiver or trustee shall be appointed of Tenant’s property and the order
appointing such receiver or trustee shall not be set aside or vacated within thirty days after the entry thereof, or if Tenant shall assign Tenant’s estate or effects for the benefit of creditors, or if this Lease shall, by operation of law or
otherwise, pass to any person or persons other than Tenant, then in any such event Landlord may terminate this Lease, if Landlord so elects, with or without notice of such election and with or without entry or action by Landlord. In such case,
notwithstanding any other provisions of this Lease, Landlord, in addition to any and all rights and remedies allowed by law or equity, shall, upon such termination, be entitled to recover damages in the amount provided in Paragraph 23(b) hereof.
Neither Tenant nor any person claiming through or under Tenant or by virtue of any statute or order of any court shall be entitled to possession of the Premises but shall surrender the Premises to landlord. Nothing contained herein shall limit or
prejudice the right of Landlord to recover damages by reason of any such termination equal to the maximum allowed by any statute or rule of law in effect at the time when, and governing the proceedings in which, such damages are to be proved;
whether or not such amount is greater, equal to, or less than the amount of damages recoverable under the provisions of this Article 17. 
 ARTICLE 18 

  
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 INDEMNIFICATION 

Tenant shall indemnify, defend and hold Landlord harmless from all claims arising from Tenant’s use of the Premises or the conduct
of its business or from any activity, work, or thing done, permitted or suffered by Tenant in or about the Premises. Tenant shall further indemnify, defend and hold Landlord harmless from all claims arising from any breach or default in the
performance of any obligation to be performed by Tenant under the terms of this Lease, or arising from any act, neglect, fault or omission of Tenant or of its agents or employees, and from and against all costs, reasonable attorneys’ fees,
expenses and liabilities incurred in or about such claim or any action or proceeding brought thereon. In case any action or proceeding shall be brought against Landlord by reason of any such claim, Tenant upon notice from Landlord shall defend the
same at Tenant’s expense by counsel approved in writing by Landlord. Tenant, as a material part of the consideration to Landlord, hereby assumes all risk of damage to property or injury to person in, upon or about the Premises from any cause
whatsoever except that which is caused by the negligence of Landlord or the failure of Landlord to observe any of the terms and conditions of this Lease where such failure has persisted for an unreasonable period of time after written notice of such
failure. Tenant hereby waives all its claims in respect thereof against Landlord. 
 Landlord shall indemnify, defend and hold
Tenant harmless from all claims arising from any breach or default in the performance of any obligation to be performed by Landlord under the terms of this Lease, or arising from the negligence or willful misconduct of Landlord or of its agents or
employees, and from and against all costs, attorneys’ fees, expenses and liabilities incurred in or about such claim or any action or proceeding brought thereon. In case any action or proceeding shall be brought against Tenant by reason of any
such claim, Landlord upon notice from Tenant shall defend the same at Landlord’s expense by counsel reasonably acceptable to Tenant. 
 ARTICLE 19 
 DAMAGE TO TENANT’S PROPERTY 

Notwithstanding the provisions of Article 18 to the contrary but except to the extent of negligence or willful misconduct of Landlord,
its agents, contractors or employees, Landlord or its agents shall not be liable for (i) any damage to any property entrusted to employees of the Building, (ii) loss or damage to any property by theft or otherwise, (iii) any injury or
damage to persons or property resulting from fire, explosion, falling plaster, steam, gas, electricity, water or rain which may leak from any part of the Building or from the pipes, appliances or plumbing work therein or from the roof, street or
sub-surface or from any other place or resulting from dampness or any other cause whatsoever. Landlord or its agents shall not be liable for interference with light or other incorporeal hereditaments, nor shall Landlord be liable for any latent
defect in the Premises or in the Building. Tenant shall give prompt notice to Landlord in case of fire or accidents in the Premises or in the Building or of defects therein or in the fixtures or equipment. 

  
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 ARTICLE 20 
 TENANT’S INSURANCE 
 (a) Tenant shall, during the Lease Term, procure
at its expense and keep in force the following insurance: 
 (i) Commercial general liability insurance naming
the Landlord as an additional insured against any and all claims for bodily injury and property damage occurring in, or about the Premises arising out of Tenant’s use and occupancy of the Premises. Such insurance shall have a combined single
limit of not less than One Million Dollars ($1,000,000) per occurrence with a Two Million Dollar ($2,000,000) aggregate limit and excess umbrella liability insurance in the amount of Two Million Dollars ($2,000,000). Such liability insurance shall
be primary and not contributing to any insurance available to Landlord and Landlord’s insurance shall be in excess thereto. In no event shall the limits of such insurance be considered as limiting the liability of Tenant under this lease.

 (ii) Personal property insurance insuring all equipment, trade fixtures, inventory, fixtures and personal
property located on or in the Premises for perils covered by the causes of loss - special form (all risk) and in addition, coverage for flood, earthquake and boiler and machinery (if applicable). Such insurance, except for the perils of earthquake
and flood shall be written on a replacement cost basis in an amount equal to one hundred percent (100%) of the full replacement value of the aggregate of the foregoing. 

(iii) Workers’ compensation insurance in accordance with statutory law and employers’ liability insurance with a
limit of not less than $100,000 per accident, $500,000 disease, policy limit and $100,000 disease limit each employee. 
 (b)
The policies required to be maintained by Tenant shall be with companies rated “A” or better in the most current issue of A.M. Best’s Insurance Ratings Guide. Insurers shall be licensed to do business in the state in which the
Premises are located and domiciled in the USA. Any deductible amounts under any insurance policies required hereunder shall not exceed $5,000, except for the perils of earthquake and flood for which deductibles of up to $100,000 are permitted.
Certificates of insurance (certified copies of the policies may be required) shall be delivered to Landlord prior to the commencement date and annually thereafter at least thirty (30) days prior to the policy expiration date. Tenant shall have
the right to provide insurance coverage which it is obligated to carry pursuant to the terms hereof in a blanket policy, provided such blanket policy expressly affords coverage to the Premises and to Landlord as required by this Lease. Each policy
of insurance shall provide notification to Landlord at least thirty (30) days prior to any cancellation or modification to reduce the insurance coverage. 
 (c) In the event Tenant does not purchase the insurance required by this lease or keep the same in full force and effect, Landlord may, but shall not be obligated to purchase the necessary insurance and
pay the premium. The Tenant shall repay to Landlord, as additional rent, the amount so paid promptly upon demand. In addition, Landlord may recover from Tenant and Tenant agrees to pay, as additional rent, any and all reasonable expenses (including
attorneys’ fees) 

  
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and damages which Landlord may sustain by reason of the failure to Tenant to obtain and maintain such insurance. 
 (d) Landlord and Tenant hereby mutually waive their respective rights of recovery against each other for any loss of, or damage to, either parties’ property, to the extent that such loss or damage is
insured by an insurance policy (or in the event either party elects to self insure any property coverage required) required to be in effect at the time of such loss or damage. Each party shall obtain any special endorsements, if required by its
insurer whereby the insurer waives its rights of subrogation against the other party. The provisions of this clause shall not apply in those instances in which waiver of subrogation would cause either party’s insurance coverage to be voided or
otherwise made uncollectible. 
 ARTICLE 21 
 DAMAGE OR DESTRUCTION 
 (a) In the event the Building and/or the Premises
is damaged by fire or other perils covered by Landlord’s insurance, Landlord shall have the following rights and obligations: 
 (i) In the event of total destruction, at Landlord’s option, as soon as reasonably possible thereafter, commence repair, reconstruction and restoration of the Building and/or the Premises and
prosecute the same diligently to completion, in which event this Lease shall remain in full force and effect; or within sixty days after such damage, elect not to so repair, reconstruct or restore the Building and/or the Premises, in which event
this Lease shall terminate. In either event, Landlord shall give Tenant written notice of its intention within said sixty day period. In the event Landlord elects not to restore the Building and/or the Premises, this Lease shall be deemed to have
terminated as of the date of such total destruction. Tenant shall have the option to terminate the Lease in the event that repairs will require more than 120 days to complete or Landlord fails to complete within 60 days of the scheduled completion
date. 
 (ii) In the event of a partial destruction of the Building and/or the Premises, to an extent not exceeding twenty-five
percent of the full insurable value thereof, and if the damage thereto is such that the Building and/or the Premises may be repaired, reconstructed or restored within a period of ninety days from the date of the happening of such casualty and if
Landlord will receive insurance proceeds sufficient to cover the cost of such repairs (exclusive of any deductible or co-insurance), then Landlord shall commence and proceed diligently with the work of repair, reconstruction and restoration and this
Lease shall continue in full force and effect. If such work of repair, reconstruction and restoration shall require a period longer than ninety days or exceeds twenty-five percent of the full insurable value thereof, or if said insurance proceeds
will not be sufficient to cover the cost of such repairs, then Landlord either may elect to so repair, reconstruct or restore and the Lease shall continue in full force and effect or Landlord may elect not to repair, reconstruct or restore and the
Lease shall then terminate. Under any of the conditions of this Subparagraph 21(a)(ii), Landlord shall give written notice to Tenant of its intention within sixty days of the casualty event. In the event Landlord elects not to restore the Building
and/or the Premises, this Lease shall be deemed to have terminated as of the date of such partial destruction. 

  
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 (b) Upon any termination of this Lease under any of the provisions of this Article 21, the
parties shall be released without further obligation to the other from the date possession of the Premises is surrendered to Landlord except for items which have therefore accrued and are then unpaid by either party. 

(c) In the event of repair, reconstruction and restoration by Landlord as herein provided, the rental payable under this Lease shall be
abated proportionately with the degree to which Tenant’s use of the Premises is impaired during the period of such repair, reconstruction or restoration. Tenant shall not be entitled to any compensation or damages for loss in the use of the
whole or any part of the Premises and/or any inconvenience or annoyance occasioned by such damage, repair, reconstruction or restoration. 
 (d) Tenant shall not be released from any of its obligations under this Lease except to the extent and upon the conditions expressly stated in this Article 21. Notwithstanding anything to the contrary
contained in this Article 21, if Landlord is delayed or prevented from repairing or restoring the damaged Premises within one year after the occurrence of such damage or destruction by reason of acts of God, war, governmental restrictions, inability
to procure the necessary labor or materials, or other cause beyond the control of Landlord, Landlord shall be relieved of its obligation to make such repairs or restoration and Tenant shall be released from its obligation under this Lease as of the
end of said one year period. 
 (e) If damage is due to any cause other than fire or other peril covered by extended coverage
insurance, Landlord may elect to terminate this Lease. 
 (f) If Landlord is obligated to or elects to repair or restore as
herein provided, Landlord shall be obligated to make repair or restoration only of those portions of the Building and the Premises which were originally provided at Landlord’s expense, and the repair and restoration of items not provided at
Landlord’s expense shall be the obligation of Tenant. 
 (g) Notwithstanding anything to the contrary contained in this
Article 21, Landlord shall not have any obligation whatsoever to repair, reconstruct or restore the Premises when the damage resulting from any casualty covered under this Article 21 occurs during the last twelve months of the term of this Lease or
any extension hereof. 
 (h) The provisions of California Civil Code 1932, Subsection 2, and 1933, Subsection 4, which permit
termination of a lease upon destruction of the Leased Premises, are hereby waived by Tenant; and the provisions of this Article shall govern in case of such destruction. 

  
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 ARTICLE 22 
 EMINENT DOMAIN 
 In case all of the Premises, or such part thereof as shall
substantially interfere with Tenant’s use and occupancy thereof, shall be taken for any public or quasi-public purpose by any lawful power or authority by exercise of the right of appropriation, condemnation or eminent domain, or sold to
prevent such taking, either party shall have the right to terminate this Lease effective as of the date possession is required to be surrendered to said authority. Tenant shall not assert any claim against Landlord or the taking authority for any
compensation because of such taking, and Landlord shall be entitled to receive the entire amount of any award without deduction for any estate or interest of Tenant. In the event the amount of property or the type of estate taken shall not
substantially interfere with the conduct of Tenant’s business, Landlord shall be entitled to the entire amount of the award without deduction for any estate or interest of Tenant, Landlord shall restore the Premises to substantially their same
condition prior to such partial taking, and a proportionate allowance shall be made to Tenant for the rent corresponding to the time during which, and to the part of the Premises of which, Tenant shall be so deprived on account of such taking and
restoration. Nothing contained in this Paragraph shall be deemed to give Landlord any interest in any award made to Tenant for the taking of personal property and fixtures belonging to Tenant. 

ARTICLE 23 

DEFAULTS AND REMEDIES 
 (a) The occurrence of any one or more of the following events shall constitute a default hereunder by Tenant: 
 (i) The abandonment of the Premises by Tenant. Abandonment is herein defined to include, but is not limited to, any absence by Tenant from the Premises for five business days or longer while in default of
any provision of this Lease after the expiration of applicable notice and cure periods. 
 (ii) The failure by Tenant to make
any payment of rent or additional rent or any other payment required to be made by Tenant hereunder, as and when due, where such failure shall continue for a period of five (5) business days after written notice thereof from Landlord to Tenant;
provided however, that any such notice shall be in lieu of, and not in addition to, any notice required under California Code of Civil Procedure Section 1161 regarding unlawful detainer actions. 

(iii) The failure by Tenant to observe or perform any of the express or implied covenants or provisions of this Lease to be observed or
performed by Tenant, other than as specified in Subparagraph 23(a)(i) or (ii) above, where such failure shall continue for a period of fifteen business days after written notice thereof from Landlord to Tenant. Any such notice shall be in lieu
of, and not in addition to, any notice required under California Code of Civil Procedure Section 1161 regarding unlawful detainer actions. If the nature of Tenant’s default is such that more

  
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than fifteen business days are reasonably required for its cure, then Tenant shall not be deemed to be in default if Tenant shall commence such cure within said -fifteen business day period and
thereafter diligently prosecute such cure to completion, which completion shall occur not later than sixty days from the date of such notice from Landlord. 
 (iv) (1) The making by Tenant of any general assignment for the benefit of creditors; (2) the filing by or against Tenant of a petition to have Tenant adjudged a bankrupt or a petition for
reorganization or arrangement under any law relating to bankruptcy (unless, in the case of a petition filed against Tenant, the same is dismissed within thirty days); (3) the appointment of a trustee or receiver to take possession of
substantially all of Tenant’s assets located at the Premises or of Tenant’s interest in this Lease, where possession is not restored to Tenant within thirty days; or (4) the attachment, execution or other judicial seizure of
substantially all of Tenant’s assets located at the Premises or of Tenant’s interest in this Lease where such seizure is not discharged within thirty days. 
 (b) In the event of any such default by Tenant, in addition to any other remedies available to Landlord at law or in equity, Landlord shall have the immediate option to terminate this Lease and all rights
of Tenant hereunder. In the event that Landlord shall elect to so terminate this Lease then Landlord may recover from Tenant: 

(i) the worth at the time of award of any unpaid rent which had been earned at the time of such termination; plus 

(ii) the worth at the time of award of the amount by which the unpaid rent which would have been earned after termination until the time
of award exceeds the amount of such rental loss that Tenant proves could have been reasonably avoided; plus 
 (iii) the worth
at the time of award of the amount by which the unpaid rent for the balance of the term after the time of award exceeds the amount of such rental loss that Tenant proves could be reasonably avoided; plus 

(iv) any other amount necessary to compensate Landlord for all the detriment proximately caused by Tenant’s failure to perform
Tenant’s obligations under this Lease or which in the ordinary course of things would be likely to result therefrom. As used in Subparagraph 23(b)(i) and (ii) above, the “worth at the time of award” is computed by allowing
interest at the maximum rate permitted by law. As used in Subparagraph 23(b)(iii) above, the “worth at the time of award” is computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time
of award plus one percent. 
 (c) In the event of any such default by Tenant, Landlord shall also have the right, with or
without terminating this Lease, to re-enter the Premises and remove all persons and property from the Premises; such property may be removed and stored in a public warehouse or elsewhere at the cost of and for the account of Tenant. No re-entry or
taking possession of the Premises by Landlord pursuant to this Paragraph 23(c) shall be construed as an election to terminate 

  
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this Lease unless a written notice of such intention is given to Tenant or unless the termination thereof is decreed by a court of competent jurisdiction. 

(d) All rights, options and remedies of Landlord contained in this Lease shall be constructed and held to be cumulative, and no one of
them shall be exclusive of the other, and Landlord shall have the right to pursue any one or all of such remedies or any other remedy or relief which may be provided by law, whether or not stated in this Lease. No waiver of any default of Tenant
hereunder shall be implied from any acceptance by Landlord of any rent or other payments due hereunder or any omission by Landlord to take any action on account of such default if such default persists or is repeated, and no express waiver shall
affect defaults other than as specified in said waiver. The consent or approval of Landlord to or of any act by Tenant requiring Landlord’s consent or approval shall not be deemed to waive or render unnecessary Landlord’s consent or
approval to or of any subsequent similar acts by Tenant. 
 (e) The chronic delinquency by Tenant in the payment of Basic Rent
or any other payments required to be paid by Tenant under this Lease shall constitute a default hereunder by Tenant. “Chronic delinquency” shall mean failure by Tenant to pay Basic Rent, or any other payments required to be paid by Tenant
under this Lease within five (5) business days after written notice thereof for any three (3) occasions (consecutive or non-consecutive) during any twelve (12) month period. In the event of a chronic delinquency, Landlord shall have
the right, at Landlord’s option, to require that Basic Rent be paid by Tenant quarterly, in advance. 
 ARTICLE 24

 ASSIGNMENT AND SUBLETTING 
 (a) Tenant shall not voluntarily assign or encumber its interest in this Lease or in the Premises, or sublease all or any part of the Premises, or allow any other person or entity to occupy or use all or
any part of the Premises, without first obtaining Landlord’s prior written consent, not to be unreasonably withheld or delayed. Any assignment, encumbrance or sublease without Landlord’s prior written consent shall be voidable, at
Landlord’s election, and shall constitute a default and at the option of the Landlord shall result in a termination of this Lease. No consent to assignment, encumbrance, or sublease shall constitute a further waiver of the provisions of this
paragraph. Tenant shall notify Landlord in writing of Tenant’s intent to sublease, encumber or assign this Lease and Landlord shall, within thirty days of receipt of such written notice, elect one of the following: 

(i) Consent to such proposed assignment, encumbrance or sublease; 

(ii) Refuse such consent, which refusal shall be on reasonable grounds; or 

(iii) Elect to terminate this Lease. 

  
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 (b) As a condition for granting its consent to any assignment, encumbrance or sublease,
thirty days prior to any anticipated assignment or sublease Tenant shall give Landlord written notice (the “Assignment Notice”), which shall set forth the name, address and business of the proposed assignee or sublessee, information
(including references) concerning the character, ownership, and financial condition of the proposed assignee or sublessee, and the Assignment Date, any ownership or commercial relationship between Tenant and the proposed assignee or sublessee, and
the consideration of all other material terms and conditions of the proposed assignment or sublease, all in such detail as Landlord shall reasonably require. If Landlord reasonably requests additional detail, the Assignment Notice shall not be
deemed to have been received until Landlord receives such additional detail, and Landlord may withhold consent to any assignment or sublease until such additional detail is provided to it. Further, Landlord may require that the sublessee or assignee
remit directly to Landlord on a monthly basis, all monies due to Tenant by said assignee or sublessee. 
 (c) The consent by
Landlord to any assignment or subletting shall not be construed as relieving Tenant or any assignee of this Lease or sublessee of the Premises from obtaining the express written consent of Landlord to any further assignment or subletting or as
releasing Tenant or any assignee or sublessee of Tenant from any liability or obligation hereunder whether or not then accrued. In the event Landlord shall consent to an assignment or sublease, Tenant shall pay Landlord as Additional Rent a
reasonable attorneys’ and administrative fee not to exceed $500 per transaction for costs incurred in connection with evaluating the Assignment Notice. This section shall be fully applicable to all further sales, hypothecations, transfers,
assignments and subleases of any portion of the Premises by any successor or assignee of Tenant, or any sublessee of the Premises. 
 (d) As used in this section, the subletting of all of the Premises for all of the remaining term of this Lease shall be deemed an assignment rather than a sublease. Notwithstanding the foregoing,
Landlord’s consent to the assignment, sale or transfer of the Lease to any entity into which Tenant is merged, with which Tenant is consolidated or which acquires all or substantially all of the assets of Tenant shall not be required, provided
that the assignee first executes, acknowledges and delivers to Landlord an agreement whereby the assignee agrees to be bound by all of the covenants and agreements in this Lease which Tenant has agreed to keep, observe or perform, that the assignee
agrees that the provisions of this section shall be binding upon it as if it were the original Tenant hereunder and that the assignee shall have a net worth (determined in accordance with generally accepted accounting principles consistently
applied) immediately after such assignment which is at least equal to the net worth (as so determined) of Tenant at the commencement of this Lease. 
 (e) Except as provided above, Landlord’s consent to any sublease shall not be unreasonably withheld. A condition to such consent shall be delivery by Tenant to Landlord of a true copy of any such
sublease. If for any proposed assignment or sublease Tenant receives rent or other consideration, either initially or over the term of the assignment or sublease, in excess of the rent called for hereunder, or, in case of the sublease of a portion
of the Premises, in excess of such rent fairly allocable to such portion, after appropriate adjustments to assure that all other payments called for hereunder are taken into account, Tenant shall pay to Landlord as additional rent

  
 19 

 
hereunder one-half (1/2) of the excess of each such payment of rent or other consideration received by Tenant promptly after its receipt, after deduction of all expenses incurred by Tenant
in connection with the subject assignment or sublease. Landlord’s waiver or consent to any assignment or subletting shall not relieve Tenant from any obligation under this lease. The parties intend that the preceding sentence shall not apply to
any sublease rentals respecting a portion of the Premises that during the entire term of this Lease was not occupied by Tenant for its own use, but was always subleased by Tenant and/or kept vacant. For the purpose of this section, the rent for each
square foot of floor space in the Premises shall be deemed equal. 
 ARTICLE 25 

SUBORDINATION 
 Without the necessity of any additional document being executed by Tenant for the purpose of effecting a subordination, and at the election of Landlord or any mortgagee with a lien on the Building or any
ground lessor with respect to the Building, this Lease shall be subject and subordinate at all times to: 
 (i) All ground
leases or underlying leases which may now exist or hereafter be executed affecting the Building or the land upon which the Building is situated or both, 
 (ii) The lien of any mortgage or deed of trust which may now exist or hereafter be executed in any amount for which the Building, land, ground leases or underlying leases, or Landlord’s interest or
estate in any of said items is specified as security, provided that a commercially reasonable non-disturbance agreement is delivered to Tenant. Notwithstanding the foregoing, Landlord shall have the right to subordinate or cause to be subordinated
any such ground leases or underlying leases or any such liens to the Lease. In the event that any ground lease or underlying lease terminates for any reason or any mortgage or deed of trust is foreclosed or a conveyance in lieu of foreclosure is
made for any reason, Tenant shall, notwithstanding any subordination, attorn to and become the Tenant of the successor in interest to Landlord, at the option of such successor in interest. Tenant covenants and agrees to execute and deliver, upon
demand by Landlord and in the form requested by Landlord, any additional documents evidencing the priority or subordination of this Lease with respect to any such ground leases or underlying leases or the lien of any such mortgage or deed of trust.
Tenant hereby irrevocably appoints Landlord as attorney-in-fact of Tenant to execute, deliver and record any such document in the name and on behalf of Tenant, and 
 (iii) The CC&R’s as described in Article 6. 
 ARTICLE 26

 ESTOPPEL CERTIFICATE 
 (a) Within ten days following any written request which Landlord may make from time to time, Tenant shall execute and deliver to Landlord a statement certifying: 

(i) The date of commencement of this Lease; 

  
 20 

 (ii) The fact that this Lease is unmodified and in full force and effect (or, if there have
been modifications hereto, that this Lease is in full force and effect, and stating the date and nature of such modifications); 
 (iii) The date to which the rental and other sums payable under this Lease have been paid; 
 (iv) That, to Tenant’s knowledge there are no current defaults under this Lease by either Landlord or Tenant except as specified in Tenant’s statement; and 

(v) Such other matters reasonably requested by Landlord. Landlord and Tenant intend that any statement delivered pursuant to this
Article 26 may be relied upon by any mortgagee, beneficiary, purchaser or prospective purchaser of the Building or any interest therein. 
 (b) Tenant’s failure to deliver such statement within such time shall be conclusive upon Tenant: 
 (i) That this Lease is in full force and effect, without modification except as may be represented by Landlord, 
 (ii) That, to Tenant’s knowledge, there are no uncured defaults in Landlord’s performance, and 
 (iii) That not more than one month’s rental has been paid in advance. 

ARTICLE 27 

SIGNAGE 

Landlord shall provide for Tenant the opportunity to have Tenant’s name placed upon the Building lobby directory sign, and at
Tenant’s entrance to the Premises. Tenant shall have no other right to maintain a Tenant identification sign in any other location in, on or about the Premises, the Building, or Signature Center and shall not display or erect any Tenant
identification sign, display or other advertising material that is visible from the exterior of the Building. The size, design, color and other physical aspects of the Tenant identification sign shall be subject to Landlord’s written reasonable
approval prior to installation. The cost of the installation of the sign, and its maintenance and removal expense, shall be at Tenant’s sole expense. If Tenant fails to maintain its sign or if Tenant fails to remove its sign upon termination of
this Lease, Landlord may do so at Tenant’s expense and Tenant’s reimbursement to Landlord for such amounts shall be deemed additional rent. All signs shall comply with rules and regulations set for by Landlord as may be modified from time
to time. 
 ARTICLE 28 

  
 21 

 RULES AND REGULATIONS 

Tenant shall faithfully observe and comply with the “Rules and Regulations,” a copy of which is attached hereto and marked
EXHIBIT D, and all reasonable and nondiscriminatory modifications thereof and additions thereto from time to time put into effect by Landlord. Landlord shall not be responsible to Tenant for the violation or non-performance by any other
tenant or occupant of the Building of any of said Rules and Regulations. 
 ARTICLE 29 

CONFLICT OF LAWS 
 This Lease shall be governed by and construed pursuant to the laws of the State of California. 
 ARTICLE 30 
 SUCCESSORS AND ASSIGNS 

Except as otherwise provided in this Lease, all of the covenants, conditions and provisions of this Lease shall be binding upon and shall
inure to the benefit of the parties hereto and their respective heirs, personal representatives, successors and assigns. 

ARTICLE 31 

SURRENDER OF PREMISES 
 The voluntary or other surrender of this Lease by Tenant, or a mutual cancellation thereof, shall not work a merger, and shall, at the option of Landlord, operate as an assignment to it of any or all
subleases and subtenancies. 
 ARTICLE 32 
 ATTORNEYS’ FEES 
 (a) If Landlord should bring suit for possession of
the Premises, for the recovery of any sum due under this Lease, or because of the breach of any provisions of this Lease, or for any other relief against Tenant hereunder, or in the event of any other litigation between the parties with respect to
this Lease, then all costs and expenses, including reasonable attorneys’ fees, incurred by the prevailing party therein shall be paid by the other party, which obligation on the part of the other party shall be deemed to have accrued on the
date of the commencement of such action and shall be enforceable whether or not the action is prosecuted to judgment. 
 (b) If
Landlord is named as a defendant in any suit brought against Tenant in connection with or arising out of Tenant’s occupancy hereunder, Tenant shall pay to Landlord its costs and expenses incurred in such suit, including reasonable
attorneys’ fees. 

  
 22 

 ARTICLE 33 
 PERFORMANCE BY TENANT 
 All covenants and agreements to be performed by
Tenant under any of the terms of this Lease shall be performed by Tenant at Tenant’s sole cost and expense and without any abatement of rent, except as expressly provided herein. If Tenant shall fail to pay any sum of money owed to any party
other than Landlord, for which it is liable hereunder or if Tenant shall fail to perform any other act on its part to be performed hereunder and such failure shall continue for ten days after expiration of any applicable notice and cure period
thereof by Landlord, Landlord may, without waiving or releasing Tenant from obligations of Tenant, but shall not be obligated to, make any such payment or perform any such other act to be made or performed by Tenant. All sums so paid by Landlord and
all necessary incidental costs together with interest thereon at the maximum rate permissible by law, from the date of such payment by Landlord, shall be payable to Landlord on demand. Tenant covenants to pay any such sums and Landlord shall have
(in addition to any other right or remedy of Landlord) all rights and remedies in the event of the non-payment thereof by Tenant as are set forth in Article 23 hereof. 
 ARTICLE 34 
 MORTGAGEE PROTECTION 

In the event of any default on the part of Landlord, Tenant will give notice by registered or certified mail to any beneficiary of a deed
of trust or mortgage covering the Premises whose address shall have been furnished to Tenant, and shall offer such beneficiary or mortgagee a reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of
sale or a judicial foreclosure, if such should prove necessary to effect a cure. 
 ARTICLE 35 

DEFINITION OF LANDLORD 
 The term “Landlord”, as used in this Lease, so far as covenants or obligations on the part of Landlord are concerned, shall be limited to mean and include only the owner or owners, at the time
in question, of the fee title of the Premises or the lessees under any ground lease, if any. In the event of any transfer, assignment or other conveyance or transfers of any such title, Landlord herein named (and in case of any subsequent transfers
or conveyances, the then grantor) shall be automatically freed and relieved from and after the date of such transfer, assignment or conveyance of all liability as respects the performance of any covenants or obligations on the part of Landlord
contained in this Lease thereafter to be performed. Without further agreement, the transferee of such title shall be deemed to have assumed and agreed to observe and perform any and all obligations of Landlord hereunder, during its ownership of the
Premises. Landlord may transfer its interest in the Premises without the consent of Tenant and such transfer or subsequent transfer shall not be deemed a violation on Landlord’s part of any of the terms and conditions of this Lease. 

ARTICLE 36 

WAIVER 

  
 23 

 The waiver by Landlord of any breach of any term, covenant or condition herein contained
shall not be deemed to be a waiver of any subsequent breach of the same or any other term, covenant or condition herein contained, nor shall any custom or practice which may grow up between the parties in the administration of the terms hereof be
deemed a waiver of or in any way affect the right of Landlord to insist upon the performance by Tenant in strict accordance with said terms. The subsequent acceptance of rent hereunder by Landlord shall not be deemed to be a waiver of any preceding
breach by Tenant or any term, covenant or condition of this Lease, other than the failure of Tenant to pay the particular rent so accepted, regardless of Landlord’s knowledge of such preceding breach at the time of acceptance of such rent.

 ARTICLE 37 
 IDENTIFICATION OF TENANT 
 If more than one person executes this Lease as
Tenant: 
 (i) Each of them is jointly and severally liable for the keeping, observing and performing of all of the terms,
covenants, conditions, provisions and agreements of this Lease to be kept, observed and performed by Tenant, and 
 (ii) The
term “Tenant” as used in this Lease shall mean and include each of them jointly and severally. The act of or notice from, or notice to refund to, or the signature of any one or more of them, with respect to the tenancy of this Lease,
including, but not limited to any renewal, extension, expiration, termination or modification of this Lease, shall be binding upon each and all of the persons executing this Lease as Tenant with the same force and effect as if each and all of them
had so acted or so given or received such notice or refund or so signed. 
 ARTICLE 38 

PARKING 

The use by Tenant, its employees and invitees, of the parking facilities of the Building shall be on the terms and conditions set forth
in EXHIBIT E attached hereto and by this reference incorporated herein and shall be subject to such other agreement between Landlord and Tenant as may hereinafter be established. Tenant, its employees and invitees shall use no more than four
(4) non-exclusive parking spaces per one thousand (1,000) square feet of leased space. Tenant’s use of the parking spaces shall be confined to the Building. In addition, Tenant shall be entitled to eight (8) covered parking
spaces at no charge during the initial term of the Lease. If, in Landlord’s reasonable business judgment, it becomes necessary, Landlord shall exercise due diligence to cause the creation of cross-parking easements and such other agreements as
are necessary to permit Tenant, its employees and invitees to use parking spaces on the properties and buildings of Signature Center, which are separate legal parcels from the Building. Tenant acknowledges that other tenants of the Building and the
tenants of the other buildings, their employees and invitees, may be given the right to park at the Building. 
 ARTICLE 39

  
 24 

 TERMS AND HEADINGS 

The words “Landlord” and “Tenant” as used herein shall include the plural as well as the singular. Words used in any
gender include other genders. The paragraph headings of this Lease are not a part of this Lease and shall have no effect upon the construction or interpretation of any part hereof. 

ARTICLE 40 

EXAMINATION OF LEASE 
 Submission of this instrument for examination or signature by Tenant does not constitute a reservation of or option for lease, and it is not effective as a lease or otherwise until execution by and
delivery to both Landlord and Tenant. 
 ARTICLE 41 

TIME 

Time is of the essence with respect to the performance of every provision of this Lease in which time or performance is a factor.

 ARTICLE 42 
 PRIOR AGREEMENT: AMENDMENTS 
 This Lease contains all of the agreements of
the parties hereto with respect to any matter covered or mentioned in this Lease, and no prior agreement or understanding pertaining to any such matter shall be effective for any purpose. No provisions of this Lease may be amended or added to except
by an agreement in writing signed by the parties hereto or their respective successors in interest. 
 ARTICLE 43

 SEPARABILITY 
 Any provision of this Lease which shall prove to be invalid, void or illegal in no way affects, impairs or invalidates any other provision hereof, any such other provisions shall remain in full force and
effect. 
 ARTICLE 44 
 RECORDING 
 Neither Landlord nor Tenant shall record this Lease nor a short
form memorandum thereof without the consent of the other. 

  
 25 

 ARTICLE 45 
 CONSENTS 
 Whenever the consent of either party is required hereunder such
consent shall not be unreasonably withheld. 
 ARTICLE 46 

LIMITATION ON LIABILITY 
 In consideration of the benefits accruing hereunder, Tenant and all successors and assigns covenant and agree that, in the event of any actual or alleged failure, breach or default hereunder by Landlord:

 (a) The sole and exclusive remedy shall be against the Landlord’s interest in the Building; 

(b) No partner, officer, agent or employee of Landlord shall be sued or named as a party in any suit or action (except as may be
necessary to secure jurisdiction of Landlord); 
 (c) No service or process shall be made against any partner, officer, agent or
employee of Landlord (except as may be necessary to secure jurisdiction of Landlord); 
 (d) No partner, officer, agent or
employee of Landlord shall be required to answer or otherwise plead to any service of process; 
 (e) No judgment will be taken
against any partner, officer, agent or employee of Landlord; 
 (f) Any judgment taken against any partner, officer, agent or
employee of Landlord may be vacated and set aside at any time nunc pro tunc; 
 (g) No writ of execution will ever be levied
against the assets of any partner, officer, agent or employee of Landlord 
 (h) These covenants and agreements are enforceable
both by Landlord and also by any partner, officer, agent or employee of Landlord. 
 The foregoing limitations are not intended
to relieve any partner, officer, agent or employee of Landlord from any duty to appear in court proceedings or respond to discovery in connection with any actual or alleged failure, breach or default hereunder by Landlord. 

ARTICLE 47 

  
 26 

 RIDERS 
 Clauses, plats and riders, if any, signed by Landlord and Tenant and affixed to this Lease are a part hereof. 
 ARTICLE 48 
 EXHIBITS 

All Exhibits attached hereto are incorporated into this Lease. 
 ARTICLE 49 
 MODIFICATION FOR LENDER 

If, in connection with obtaining construction, interim or permanent financing for the Building the lender shall request reasonable
modifications in this Lease as a condition to such financing, Tenant will not unreasonably withhold, delay or defer its consent thereto, provided that such modifications do not increase the obligations of Tenant hereunder or materially adversely
affect the leasehold interest hereby created or Tenant’s rights hereunder. 
 ARTICLE 50 

PROJECT PLANNING 
 If Landlord requires the Premises for use in conjunction with another suite or for other reasons connected with the Project planning program, upon notifying Tenant in writing, Landlord shall have the
right to relocate Tenant to other space in the Project, at Landlord’s sole cost and expense, and the terms and conditions of the original Lease shall remain in full force and effect, except that a revised EXHIBIT A reflecting the
location of the new space shall be attached to and become a part of this Lease. However, if the new space does not meet with Tenant’s approval, Tenant shall have the right to terminate this Lease effective thirty (30) days after written
notice to Landlord, which notice shall be given within ten (10) days after receipt of Landlord’s notification. 

ARTICLE 51 

OFAC COMPLIANCE 
 (a) Tenant represents and warrants that (a) Tenant and each person or entity owning an interest in Tenant is (i) not currently identified on the Specially Designated Nationals and Blocked
Persons List maintained by the Office of Foreign Assets Control, Department of the Treasury (“OFAC”) and/or on any other similar list maintained by OFAC pursuant to any authorizing statute, executive order or regulation (collectively, the
“List”), and (ii) not a person or entity with whom a citizen of the United States is prohibited to engage in transactions by any trade embargo, economic sanction, or other prohibition of United States law, regulation, or Executive
Order of the President of the United States, (b) none of the funds or other assets of Tenant constitute property of, or are beneficially owned, directly or indirectly, by any Embargoed Person (as hereinafter defined), (c) no Embargoed
Person has any interest of any nature whatsoever in Tenant (whether directly or indirectly), (d) none of the funds of Tenant have been 

  
 27 

 
derived from any unlawful activity with the result that the investment in Tenant is prohibited by law or that the Lease is in violation of law, and (e) Tenant has implemented procedures, and
will consistently apply those procedures, to ensure the foregoing representations and warranties remain true and correct at all times. The term “Embargoed Person” means any person, entity or government subject to trade restrictions under
U.S. law, including but not limited to, the International Emergency Economic Powers Act, 50 U.S.C. §1701 et seq., The Trading with the Enemy Act, 50 U.S.C. App. 1 et seq., and any Executive Orders or regulations promulgated
thereunder with the result that the investment in Tenant is prohibited by law or Tenant is in violation of law. 
 (b) Tenant
covenants and agrees (a) to comply with all requirements of law relating to money laundering, anti-terrorism, trade embargos and economic sanctions, now or hereafter in effect, (b) to immediately notify Landlord in writing if any of the
representations, warranties or covenants set forth in this paragraph or the preceding paragraph are no longer true or have been breached or if Tenant has a reasonable basis to believe that they may no longer be true or have been breached,
(c) not to use funds from any “Prohibited Person” (as such term is defined in the September 24, 2001 Executive Order Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or Support
Terrorism) to make any payment due to Landlord under the Lease and (d) at the request of Landlord, to provide such information as may be requested by Landlord to determine Tenant’s compliance with the terms hereof. 

(c) Tenant hereby acknowledges and agrees that Tenant’s inclusion on the List at any time during the Lease Term shall be a material
default of the Lease. Notwithstanding anything herein to the contrary, Tenant shall not permit the Premises or any portion thereof to be used or occupied by any person or entity on the List or by any Embargoed Person (on a permanent, temporary or
transient basis), and any such use or occupancy of the Premises by any such person or entity shall be a material default of the Lease. 
 ARTICLE 52 
 EXPANSION OPTION 

In the event Tenant outgrows the space, Landlord agrees to terminate the existing Lease if Tenant relocates to a larger space within the
same project. 

  
 28 

 IN WITNESS WHEREOF, the parties have executed this Lease as of the date first above written. 

 

					
	LANDLORD:	 		  	ADDRESS:
			
	PRINCIPAL LIFE INSURANCE COMPANY,	 		  	c/o PARKWAY PROPERTIES, INC.
	an Iowa corporation, for its Principal	 		  	4900 Hopyard Road, Suite 270
	U.S. Property Separate Account, formerly	 		  	Pleasanton, CA 94588
	known as Principal Life Insurance Company, an	 		  	
	Iowa corporation, for its Real Estate Separate Account	 		  	

  

							
	By:	 	PRINCIPAL REAL ESTATE	 		 	
		 	 INVESTORS, LLC, a Delaware limited
 liability company, its authorized signatory
	 		 	
				
	By:	 	 /s/ John H. Root
	 		 	
				
	By:	 	John H. Root	 		 	
		 	Investment Director Asset Management	 		 	      Oct 15 2007
			
	TENANT:	 		 	ADDRESS:
			
	FULCRUM BIOENERGY, INC.	 		 	 Attention: Rick Barraza

4900 Hopyard Road, Suite 220
 Pleasanton, CA
94588

				
	By:	 	 /s/ Richard Barraza
	 		 	
				
	Its:	 	Vice President of Administration	 		 	
				
	By:	 	  
	 		 	
				
	Its:	 	  
	 		 	

  
 29 

 EXHIBIT A 
 OUTLINE OF TENANT’S FLOOR PLAN 

  
 EXHIBIT A

 PAGE 1 OF 1 

 EXHIBIT A-1 
 THE BUILDING 
 REAL PROPERTY in the City of Pleasanton, County of Alameda, State of
California, described as follows: 
 PARCEL ONE: 
 Parcel B, Parcel Map 3971, filed June 27, 1983, in Book 138 of Parcel Maps, Page 63, Alameda County Records. 
 Excepting from the above - described parcel of land all oil, gas, minerals and other hydrocarbon substances in and under or that may be produced from a depth below 500 feet from the surface of said land,
without right of entry upon the surface of said land for the purpose of mining, drilling, exploring or extracting such oil, gas, minerals and other hydrocarbon substances or other use of or rights in or to any portion of the surface of said land to
a depth of 500 feet below the surface thereof, as reserved in the Deed from Volk-McLain Communities, Inc., to Qualified Investments, Inc., dated June 25, 1967, recorded June 27, 1967, Series No. AZ/60836, Alameda County Records.

 A.P. No. 941-1301-057 
 PARCEL
TWO: 
 Parcel C, Parcel Map 3971, filed June 27, 1983, in Map Book 138, at Page 63, Alameda County Records. 

Excepting from the above - described parcel of land all oil, gas, minerals and other hydrocarbon substances in and under or that may be produced from a
depth below 500 feet from the surface of said land, without right of entry upon the surface of said land for the purposes of mining, drilling, exploring or extracting such oil, gas, minerals and other hydrocarbon substances or other use of or rights
in or to any portion of the surface of said land to a depth of 500 feet below the surface thereof, as reserved in the Deed from Volk-McLain Communities, Inc., to Qualified Investments, Inc., dated June 25, 1967, recorded June 27, 1967,
Series No. AZ/60836, Alameda County Records. 
 A.P. No. 941-1301-058 

  
 EXHIBIT A-1

 PAGE 1 OF 1 

 EXHIBIT B 
 TENANT IMPROVEMENTS 
 Landlord, at Landlord’s sole cost and expense, shall provide the
following tenant improvements: 
  

	 	•	 	 Reconfigure three (3) private offices on the glass line into offices equaling the depth of the offices in the adjacent suite. Relocate office 209
door when reconfiguring offices. 

  

	 	•	 	 Reconfigure the Conference Room and Coffee/Copy Room into two (2) additional 10’ x 15’ private offices. 

 

	 	•	 	 Open up the wall that demises the two (2) suites. 

 

	 	•	 	 New building standard carpet as specified by the Landlord. 

 

	 	•	 	 New building standard paint as specified by the Landlord. 

  
 EXHIBIT B

 PAGE 1 OF 1 

 EXHIBIT C 
 STANDARDS FOR UTILITIES AND SERVICES 
 The following Standards for Utilities and
Services are in effect. Landlord reserves the right to adopt nondiscriminatory modifications and additions hereto: 
 As long
as Tenant is not in default under any of the terms, covenants, conditions, provisions, or agreements of this Lease, Landlord shall: 
 (a) On Monday through Friday, except holidays, from 7 A.M. to 6 P.M. (and other times for a reasonable additional charge to be fixed by Landlord), ventilate the Premises and furnish air conditioning or
heating on such days and hours, when in the judgment of Landlord it may be required for the comfortable occupancy of the Premises. The air conditioning system achieves maximum cooling when the window coverings are closed. Landlord shall not be
responsible for room temperatures if Tenant does not keep all window coverings in the Premises closed whenever the system is in operation. Tenant agrees to co-operate fully at all times with Landlord, and to abide by all regulations and requirements
which Landlord may prescribe for the proper function and protection of said air conditioning system. Tenant agrees not to connect any apparatus, device, conduit or pipe to the Building chilled and hot water air conditioning supply lines. Tenant
further agrees that neither Tenant nor its servants, employees, agents, visitors, licensees or contractors shall at any time enter mechanical installations or facilities of the Building or adjust, tamper with, touch or otherwise in any manner affect
said installations or facilities. The cost of maintenance and service calls to adjust and regulate the air conditioning system shall be charged to Tenant if the need for maintenance work results from either Tenant’s adjustment of room
thermostats or Tenant’s failure to comply with its obligations under this section, including keeping window coverings closed as needed. Such work shall be charged at hourly rates equal to the then current journeymen’s wages for air
conditioning mechanics. 
 (b) Landlord shall operate and maintain the heating, cooling and ventilation (HVAC) system for the
Premises in a manner sufficient to maintain an indoor air quality within the limits required by the American Society of Heating, Air Conditioning and Refrigeration Engineers (ASHRAE) standard 62-1999. 

Tenant shall notify Landlord and its Manager within two (2) business days after Tenant first has knowledge of any of the following
conditions at, in, on or within the Premises: standing water, water leaks, water stains, humidity, mold growth, or any unusual odors (including, but not limited, musty, moldy or mildewy odors). 

  
 EXHIBIT C

 PAGE 1 OF 3 

 (c) Landlord shall furnish to Tenant after-hours heating and air conditioning at the rate
of $25.00 per hour (two-hour minimum charge) for such after-hours use. If the actual cost to Landlord of providing such after-hours heating and air-conditioning increases at any time during the term of this Lease, Landlord shall have the right to
increase the hourly rate charged by Landlord for such after-hours usage upon at least 10 days prior notice to Tenant. Landlord shall bill Tenant monthly for such after-hours usage and Tenant shall pay such charges to Landlord, as additional rent,
within 20 days after receipt of Landlord’s statement of such charges. 
 (d) Landlord shall furnish to the Premises,
during the usual business hours on business days, electric current sufficient for normal office use. Tenant agrees, should its electrical installation or electrical consumption be in excess of the aforesaid quantity or extend beyond normal business
hours, to reimburse Landlord monthly for the measured consumption at the average cost per kilowatt hour charged to the Building during the period. If a separate meter is not installed at Tenant’s cost, such excess cost will be established by an
estimate agreed upon by Landlord and Tenant, and if the parties fail to agree, as established by an independent licensed engineer. Said estimates to be reviewed and adjusted quarterly. Tenant agrees not to use any apparatus or device in, or upon, or
about the premises which may in any way increase the amount of such services usually furnished or supplied to said Premises, and Tenant further agrees not to connect any apparatus or device with wires, conduits or pipes, or other means by which such
services are supplied, for the purpose of using additional or unusual amounts of such services without written consent of Landlord. Should Tenant use the same to excess, the refusal on the part of Tenant to pay upon demand of Landlord the amount
established by Landlord for such excess charge shall constitute a breach of the obligation to pay rent under this Lease and shall entitle Landlord to the rights therein granted for such breach. At all times Tenant’s use of electric current
shall never exceed the capacity of the feeders to the Building or the risers or wiring installation and Tenants shall not install or use or permit the installation or use of any computer, larger than personal computer, or electronic data processing
equipment in the Premises, without the prior written consent of Landlord. 
 (e) Water will be available in public areas for
drinking and lavatory purposes only, but if Tenant requires, uses or consumes water for any purposes in addition to ordinary drinking and lavatory purposes of which fact Tenant constitutes Landlord to be the sole judge, Landlord may install a water
meter and thereby measure Tenant’s water consumption for all purposes. Tenant shall pay Landlord for the cost of the meter and the cost of the installation thereof and throughout the duration of Tenant’s occupancy, Tenant shall keep said
meter and installation equipment in good working order and repair at Tenant’s own cost and expense, in default of which Landlord may cause such meter and equipment to be replaced or repaired and collect the cost thereof from Tenant. Tenant
agrees to pay for water consumed, as shown on said meter, as and when bills are rendered, and on default in making such payment, Landlord may pay such charges and collect the same from Tenant. Any such costs or expenses incurred, or payments made by
Landlord for any of the reasons or purposes hereinabove stated shall be deemed to be additional rent payable by Tenant and collectible by Landlord as such. 

  
 EXHIBIT C

 PAGE 2 OF 3 

 (f) Provide janitor service to the Premises [5x per week], provided the same are kept
reasonably in order by Tenant, and if to be kept clean by Tenant, no one other than persons approved by Landlord shall be permitted to enter the Premises for such purposes. If the Premises are not used exclusively as offices, they shall be kept
clean and in order by Tenant, at Tenant’s expense, and to the satisfaction of Landlord, and by persons approved by Landlord. Tenant shall pay to Landlord the cost of removal of any of Tenant’s refuse and rubbish, to the extent that the
same exceeds the refuse and rubbish usually attendant upon the use of the Premises as offices. 
 (g) Landlord reserves the
right to stop service of the elevator, plumbing, ventilation, air conditioning and electric systems, when necessary, by reason of accident or emergency or for repairs, alterations or improvements, in the reasonable judgment of Landlord desirable or
necessary to be made, until said repairs, alterations or improvements shall have been completed, and shall further have no responsibility or liability for failure to supply elevator facilities, plumbing, ventilating, air conditioning or electric
service, when prevented from so doing by strike or accident or by any cause beyond Landlord’s reasonable control, or by laws, rules, orders, ordinances, directions, regulations or requirements of any federal, state, county or municipal
authority or failure of gas, oil or other suitable fuel supply or inability by exercise of reasonable diligence to obtain gas, oil or other suitable fuel. It is expressly understood and agreed that any covenants on Landlord’s part to furnish
any service pursuant to any of the terms, covenants, conditions, provisions or agreements of this Lease, or to perform any act or thing for the benefit of Tenant, shall not be deemed breached if Landlord is unable to furnish or perform the same by
virtue of a strike or labor trouble or any other cause whatsoever beyond Landlord’s control. 
 (h) Landlord shall
maintain and repair the riser closet on the ground floor of the Building and shall maintain or cause the appropriate telecommunications service company to maintain the telecommunications cabling and wiring to the Building. The cost of such
maintenance and repair shall be included in Direct Expenses. Tenant shall be responsible for the installation, maintenance and repair at its expense of the telecommunications cabling and wiring from the riser closet to the Premises and shall use
only SBC for such purposes. Tenant shall also be responsible for the installation, maintenance and repair of any telecommunications cabling and wiring within the Premises but may use any telecommunications service company to perform such work.

  
 EXHIBIT C

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 EXHIBIT D 
 RULES AND REGULATIONS 
 Signature Center 

1. Except as specifically provided in the Lease to which these Rules and Regulations are attached, no sign, placard, picture,
advertisement, name or notice shall be installed or displayed on any part of the outside or inside of the Building without the prior written consent of Landlord. Landlord shall have the right to remove, at Tenant’s expense and without notice,
any sign installed or displayed in violation of this rule. All approved signs or lettering on doors and walls shall be printed, painted, affixed or inscribed at the expense of Tenant by a person approved by Landlord. 

2. If Landlord objects in writing to any curtains, blinds, shades, screens or hanging plants or other similar objects attached to or used
in connection with any window or door of the Premises, or placed on any windowsill, which is visible from the exterior of the Premises, Tenant shall immediately discontinue such use. Tenant shall not place anything against or near glass partitions
or doors or windows which may appear unsightly from outside the Premises. 
 3. Tenant shall not obstruct any sidewalks, halls,
passages, exits, entrances, elevators, escalators, or stairways of the Building. The halls, passages, exits, entrances, elevators, and stairways are not open to the general public, but are open, subject to reasonable regulation, to Tenant’s
business invitees. Landlord shall in all cases retain the right to control and prevent access thereto of all persons whose presence in the judgment of Landlord would be prejudicial to the safety, character, reputation and interest of the Building
and its tenants; provided that nothing herein contained shall be construed to prevent such access to persons with whom any tenant normally deals in the ordinary course of its business, unless such persons are engaged in illegal or unlawful
activities. No tenant and no employee or invitee of any tenant shall go upon the roof of any building of the Project. 
 4. The
directory of the building will be provided exclusively for the display of the name and location of tenants only, and Landlord reserves the right to exclude any other names therefrom. 

5. All cleaning and janitorial services for the Building and the Premises shall be provided exclusively through Landlord, and except with
the written consent of Landlord, no person or persons other than those approved by Landlord shall be employed by Tenant or permitted to enter the Building for the purpose of cleaning the same. Tenant shall not cause any unnecessary labor by
carelessness or indifference to the good order and cleanliness of the Premises. 

  
 EXHIBIT D

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 6. Landlord will furnish Tenant, free of charge, with two keys to each door lock in the
Premises. Landlord may make a reasonable charge for any additional keys. Tenant shall not make or have made additional keys, and Tenant shall not alter any lock or install a new additional lock or bolt on any door of its Premises. Tenant, upon the
termination of its tenancy, shall deliver to Landlord the keys of all doors which have been furnished to Tenant, and in the event of loss of any keys so furnished, shall pay Landlord therefor. 

7. If Tenant requires telegraphic, telephonic, burglar alarm or similar services, it shall first obtain, and comply with, Landlord’s
instructions in their installation. 
 8. Tenant shall not place a load upon any floor of the Premises which exceeds the load
per square foot which such floor was designed to carry and which is allowed by law. Landlord shall have the right to prescribe the weight, size and position of all equipment, materials, furniture or other property brought into the Building. Heavy
objects shall, if considered necessary by Landlord, stand on such platforms as determined by Landlord to be necessary to properly distribute the weight, which platforms shall be provided at Tenant’s expense. Business machines and mechanical
equipment belonging to Tenant, which cause noise or vibration that may be transmitted to the structure of the Premises or to any space therein to such a degree to be objectionable to Landlord or to any tenants in the Building, shall be placed and
maintained by Tenant, at Tenant’s expense, on vibration eliminators or other devices sufficient to eliminate noise or vibration. The persons employed to move such equipment in or out of the Premises must be acceptable to Landlord. Landlord will
not be responsible for loss of, or damage to, any such equipment or other property from any cause, and all damage done to the Premises, by maintaining or moving such equipment or other property shall be repaired at the expense of Tenant. 

9. Tenant shall not use or keep in the Premises any kerosene, gasoline or inflammable or combustible fluid or material other than those
limited quantities necessary for the operation or maintenance of office equipment. Tenant shall not use or permit to be used in the Premises any foul or noxious gas or substance, or permit or allow the Premises to be occupied or used in a manner
offensive or objectionable to Landlord or other occupants of the Building by reason of noise, odors or vibrations, nor shall Tenant bring into or keep in or about the Premises any birds or animals. 

10. Tenant shall not use any method of heating or air-conditioning other than that supplied or approved by Landlord. 

11. Tenant shall not waste electricity, water or air-conditioning and agrees to cooperate fully with Landlord to assure the most
effective operation of the Premises’ heating and air-conditioning and to comply with any governmental energy-saving rules, laws or regulations of which Tenant has actual notice, and shall refrain from attempting to adjust controls. Tenant shall
keep corridor doors closed, and shall close window coverings at the end of each business day. 

  
 EXHIBIT D

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 12. Landlord reserves the right, exercisable without notice and without liability to Tenant,
to change the name and street address of the Premises. 
 13. Landlord reserves the right to exclude from the Building between
the hours of 6 p.m. and 7 a.m. the following day, or such other hours as may be established from time to time by Landlord, and on Sundays and legal holidays, any person unless that person is known to the person or employee in charge of the Building
and has a pass or is properly identified. Tenant shall be responsible for all persons for whom it requests passes and shall be liable to Landlord for all acts of such persons. Landlord shall not be liable for damages for any error with regard to the
admission to or exclusion from the Building of any person. Landlord reserves the right to prevent access to the Building in case of invasion, mob, riot, public excitement or other commotion by closing the doors or by other appropriate action.

 14. Tenant shall close and lock the doors of its Premises and entirely shut off all water faucets or other water apparatus,
and electricity, gas or air outlets before tenant and its employees leave the Premises. Tenant shall be responsible for any damage or injuries sustained by other tenants or occupants of the Building or by Landlord for noncompliance with this rule.

 15. The toilet rooms, toilets, urinals, wash bowls and other apparatus shall not be used for any purpose other than that for
which they were constructed and no foreign substance of any kind whatsoever shall be thrown therein. The expense of any breakage, stoppage of damage resulting from the violation of this rule shall be borne by the tenant who, or whose employees or
invitees, shall have caused it. 
 16. Tenant shall not sell, or permit the sale at retail, of newspapers, magazines,
periodicals, theater tickets or any other goods or merchandise to the general public in or on the Premises. Tenant shall not make any room-to-room solicitation of business from other tenants in the Building. Tenant shall not use the Premises for any
business or activity other than that specifically provided for in Tenant’s Lease. 
 17. Tenant shall not install any radio
or television antenna, loudspeaker or other devices on the roof or exterior walls of the Premises. Tenant shall not interfere with radio or television broadcasting or reception from or in the Building or elsewhere. 

  
 EXHIBIT D

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 18. Tenant shall not mark, drive nails, screw or drill into the partitions, woodwork or
plaster or in any way deface the Premises or any part thereof, except in accordance with the provisions of the Lease pertaining to alterations. Landlord reserves the right to direct electricians as to where and how telephone and telegraph wires are
to be introduced to the Premises. Tenant shall not cut or bore holes for wires. Tenant shall not affix any floor covering to the floor of the Premises in any manner except as approved by Landlord. Tenant shall repair any damage resulting from
noncompliance with this rule. 
 19. Tenant shall not install, maintain or operate upon the Premises any vending machines
without the written consent of Landlord. 
 20. Canvassing, soliciting and distributing of handbills or any other written
material, and peddling in the Building are prohibited, and Tenant shall cooperate to prevent such activities. 
 21. Landlord
reserves the right to exclude or expel from the Building any person who, in Landlord’s judgment, is intoxicated or under the influence of liquor or drugs or who is in violation of any of the Rules and Regulations of the Building. 

22. Tenant shall store all its trash and garbage within its Premises or in other facilities provided by Landlord. Tenant shall not place
in any trash box or receptacle any material which cannot be disposed of in the ordinary and customary manner of trash and garbage disposal. All garbage and refuse disposal shall be made in accordance with directions issued from time to time by
Landlord. 
 23. The Premises shall not be used for the storage of merchandise held for sale to the general public, or for
lodging or for manufacturing of any kind, nor shall the Premises be used for any improper, immoral or objectionable purpose. No cooking shall be done or permitted on the Premises without Landlord’s consent, except that use by Tenant of
Underwriter’s Laboratory approved equipment for brewing coffee, tea, hot chocolate and similar beverages or use of microwave ovens for employee use shall be permitted, provided that such equipment and use is in accordance with all applicable
federal, state, county and city laws, codes, ordinances, rules and regulations. 
 24. Tenant shall not use in the Premises any
hand truck except those equipped with rubber tires and side guards or such other material-handling equipment as Landlord may approve. Tenant shall not bring any other vehicles of any kind into the Premises. 

  
 EXHIBIT D

 PAGE 4 OF 5 

 25. Without the written consent of Landlord, Tenant shall not use the name of the Building
in connection with or in promoting or advertising the business of Tenant except as Tenant’s address. 
 26. Tenant shall
comply with all safety, fire protection and evacuation procedures and regulations established by Landlord or any governmental agency. 
 27. Tenant and its employees, guests and invitees shall not enter into the waterways located in the Building. No object of any kind may be floated or submerged in the waterways, and no foreign substance
of any kind may be thrown in the waterways. The expense of any breakage or damage to any mechanical equipment related to the waterways resulting from violation of this rule or any expense incurred restoring the waterways to their normal condition
shall be borne by the tenant who, or whose employees or invitees, shall have caused such damage. 
 28. Tenant assumes any and
all responsibility for protecting its Premises from theft, robbery and pilferage, which includes keeping doors locked and other means of entry to the Premises closed. 
 29. Tenant’s requirements will be attended to only upon appropriate application to the Building management office by an authorized individual. Employees of Landlord shall not perform any work or do
anything outside of their regular duties unless under special instructions from Landlord, and no employee of Landlord will admit any person (Tenant or otherwise) to any office without specific instructions from Landlord. 

30. Landlord may waive any one or more of these Rules and Regulations for the benefit of Tenant or any other tenant, but no such waiver
by Landlord shall be construed as a waiver of such Rules and Regulations in favor of Tenant or any other tenant, nor prevent Landlord from thereafter enforcing any such Rules and Regulations against any or all of the tenants of the Building.

 31. These Rules and Regulations are in addition to, and shall not be construed to in any way modify or amend, in whole or in
part, the terms, covenants, agreements and conditions of Tenant’s lease of its Premises in the Building. 
 32. Landlord
reserves the right to make such other and reasonable Rules and Regulations as, in its judgment, may from time to time be needed for safety and security, for care and cleanliness of the Building and for the preservation of good order therein. Tenant
agrees to abide by all such Rules and Regulations hereinabove stated and any additional rules and regulations which are adopted. 
 33. Tenant shall be responsible for the observance of all of the foregoing rules by Tenant’s employees, agents, clients, customers, invitees and guests. 

  
 EXHIBIT D

 PAGE 5 OF 5 

 EXHIBIT E 
 PARKING RULES AND REGULATIONS 
 The following rules and regulations shall govern use of the
parking facilities which are appurtenant to the Building. 
  

	 	1.	All claimed damage or loss must be reported and itemized in writing delivered to the Landlord within ten business days after any claimed damage or loss occurs. Any
claim not so made is waived. Landlord has the option to make repairs at its expense of any claimed damage within two business days after filing of any claim. In all court actions the burden of proof to establish a claim remains with Tenant. Court
actions by Tenant for any claim must be filed in the court of jurisdiction where a claimed loss occurred within ninety days after date of damage or loss. Landlord is not responsible for damage by water, fire, or defective brakes, or parts, or for
the act of omissions of others, or for articles left in the car. The total liability of Landlord is limited to $250.00 for all damages or loss to any car. Landlord is not responsible for loss of use. 

 

	 	2.	Tenant shall not park or permit the parking of any vehicle under its control in any parking areas designated by Landlord as areas for parking by visitors to the
Building. Tenant shall not leave vehicles in the parking areas overnight nor park any vehicles in the parking areas other than automobiles, motorcycles, motor driven or non-motor driven bicycles or four-wheeled trucks. 

 

	 	3.	Parking stickers or any other device or form of identification supplied by Landlord as a condition of use of the Parking Facilities shall remain the property of
Landlord. Such parking identification device must be displayed as requested and may not be mutilated in any manner. The serial number of the parking identification device may not be obliterated. Devices are not transferable and any device in the
possession of an unauthorized holder will be void. 

  

	 	4.	No overnight or extended term storage of vehicles shall be permitted. 

  

	 	5.	Vehicles must be parked entirely within the painted stall lines of a single parking stall. 

 

	 	6.	All directional signs and arrows must be observed. 

  

	 	7.	The speed limit within all parking areas shall be 5 miles per hour. 

  
 EXHIBIT E

 PAGE 1 OF 2 

	 	8.	Parking is prohibited: 

  

	 	(a)	in areas not striped for parking; 

  

	 	(b)	in aisles; 

  

	 	(c)	where “no parking” signs are posed; 

  

	 	(d)	on ramps; 

  

	 	(e)	in cross hatched areas; and 

  

	 	(f)	in such other areas as may be designated by Landlord or Landlord’s Parking Operator. 

 

	 	9.	Every parker is required to park and lock his own vehicle. All responsibility for damage to vehicles is assumed by the parker. 

 

	 	10.	Loss or theft of parking identification devices from automobiles must be reported immediately, and a lost or stolen report must be filed by the customer at that time.
Landlord has the right to exclude any car from the parking facilities that does not have an identification. 

  

	 	11.	Any parking identification devices reported lost or stolen found on any unauthorized car will be confiscated and the illegal holder will be subject to prosecution.

  

	 	12.	Lost or stolen devices found by the purchaser must be reported immediately to avoid confusion. 

 

	 	13.	Washing, waxing, cleaning or servicing of any vehicle in any area not specifically reserved for such purpose is prohibited. 

 

	 	14.	Landlord reserves the right to refuse the sale of monthly stickers or other parking identification devices to any tenant or person and/or his agents or representatives
who willfully refuse to comply with these Rules and Regulations and all unposted City, State or Federal ordinances, laws or agreements. 

  

	 	15.	Landlord reserves the right to modify and/or adopt such other reasonable and non-discriminatory rules and regulations for the parking facilities as it deems necessary
for the operation of the parking facilities. Landlord may refuse to permit any person who violates these rules to park in the parking facilities, and any violation of the rules shall subject the car to removal. 

  
 EXHIBIT E

 PAGE 2 OF 2 

 SIGNATURE CENTER 
 FIRST AMENDMENT TO LEASE 
 DECLARATION OF LEASE COMMENCEMENT 

This Declaration is attached to and made a part of that certain Lease dated October 5, 2007, (the “Lease”) by and between Principal Life
Insurance Company, an Iowa corporation (“Landlord”) and Fulcrum Bioenergy, Inc., a Delaware corporation (“Tenant”) for certain premises located at 4900 Hopyard Road, Suite 220, Pleasanton, California. 

Landlord and Tenant are parties to the Lease. All capitalized terms used herein shall have the same meaning as was ascribed to such terms in the Lease,
unless otherwise indicated. 
 Landlord and Tenant do hereby declare that (a) the Commencement Date is hereby established to be
November 2, 2007 and (b) the Lease Term shall expire on November 1, 2012 unless the Lease is earlier terminated as provided therein. The Lease is in full force and effect as of the date hereof, and Landlord has fulfilled all of its
obligations under the Lease required to be fulfilled by Landlord on or prior to such date. 
 IN WITNESS HEREOF, Landlord and Tenant have
executed this Declaration on this Nov 21 2007 day of             , 2007. 
  

			
	LANDLORD:
	
	 PRINCIPAL LIFE INSURANCE COMPANY, an
 Iowa corporation, for its Principal U.S. Property
 Separate Account, formerly known as Principal
Life
 Insurance Company, an Iowa corporation, for its
 Real Estate Separate Account

	
	By:  PRINCIPAL REAL ESTATE INVESTORS,
	 LLC, a Delaware limited liability company,
 its authorized signatory

		
	By:	 	 /s/ John H. Root

		 	John H. Root
	By:	 	 Investment Director Asset
Management

			
		
	TENANT:	 	 FULCRUM BIOENERGY, INC.
 a
Delaware corporation

			
		
	By:	 	  

	By:	 	 /s/ Richard D. Barraza

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