Document:

EX-10.10

 Exhibit 10.10 

FAST RADIUS, INC. 
 2022
EMPLOYEE STOCK PURCHASE PLAN 

 TABLE OF CONTENTS 

 

									
	 	 	 	  	 	  	Page	 
			
	 1.
	 	Establishment, Purpose and Term of Plan	  	 	4	 
				
		 	1.1	  	Establishment	  	 	4	 
				
		 	1.2	  	Purpose	  	 	4	 
				
		 	1.3	  	Term of Plan	  	 	4	 
			
	 2.
	 	Definitions and Construction	  	 	4	 
				
		 	2.1	  	Definitions	  	 	4	 
				
		 	2.2	  	Construction	  	 	7	 
			
	 3.
	 	Administration	  	 	7	 
				
		 	3.1	  	Administration by the Committee	  	 	7	 
				
		 	3.2	  	Authority of Officers	  	 	7	 
				
		 	3.3	  	Power to Adopt Sub-Plans	  	 	8	 
				
		 	3.4	  	Power to Vary Terms with Respect to Non-U.S. Employees	  	 	8	 
				
		 	3.5	  	Power to Establish Separate Offerings with Varying Terms	  	 	8	 
				
		 	3.6	  	Policies and Procedures Established by the Company	  	 	8	 
				
		 	3.7	  	Indemnification	  	 	8	 
			
	 4.
	 	Shares Subject to Plan	  	 	9	 
				
		 	4.1	  	Maximum Number of Shares Issuable	  	 	9	 
				
		 	4.2	  	Annual Increase in Maximum Number of Shares Issuable	  	 	9	 
				
		 	4.3	  	Adjustments for Changes in Capital Structure	  	 	9	 
			
	 5.
	 	Eligibility	  	 	9	 
				
		 	5.1	  	Employees Eligible to Participate	  	 	9	 
				
		 	5.2	  	Exclusion of Certain Stockholders	  	 	10	 
				
		 	5.3	  	Determination by Company	  	 	10	 
			
	 6.
	 	Offerings	  	 	10	 
				
		 	6.1	  	Terms	  	 	10	 
				
		 	6.2	  	Offering Periods	  	 	10	 
				
		 	6.3	  	Non-United States Offerings	  	 	10	 
			
	 7.
	 	Participation in the Plan	  	 	11	 
				
		 	7.1	  	Initial Participation	  	 	11	 
				
		 	7.2	  	Continued Participation	  	 	11	 
			
	 8.
	 	Right to Purchase Shares	  	 	11	 
				
		 	8.1	  	Grant of Purchase Right	  	 	11	 
				
		 	8.2	  	Calendar Year Purchase Limitation	  	 	11	 

  
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	 	 	 	  	 	  	Page	 
				
		 	8.3	  	Purchase Date and Offering Share Limits	  	 	12	 
			
	 9.
	 	Purchase Price	  	 	12	 
			
	 10.
	 	Contributions	  	 	12	 
				
		 	10.1	  	Amount of Payroll Deductions	  	 	12	 
				
		 	10.2	  	Commencement of Payroll Deductions	  	 	12	 
				
		 	10.3	  	Election to Decrease or Stop Payroll Deductions	  	 	12	 
				
		 	10.4	  	Election to Increase Payroll Deductions for Subsequent Offering	  	 	13	 
				
		 	10.5	  	Administrative Suspension of Payroll Deductions	  	 	13	 
				
		 	10.6	  	Participant Accounts	  	 	13	 
				
		 	10.7	  	No Interest Paid	  	 	13	 
			
	 11.
	 	Purchase of Shares	  	 	13	 
				
		 	11.1	  	Exercise of Purchase Right	  	 	13	 
				
		 	11.2	  	Pro Rata Allocation of Shares	  	 	14	 
				
		 	11.3	  	Delivery of Title to Shares	  	 	14	 
				
		 	11.4	  	Return of Plan Account Balance	  	 	14	 
				
		 	11.5	  	Tax Withholding	  	 	14	 
				
		 	11.6	  	Expiration of Purchase Right	  	 	14	 
				
		 	11.7	  	Provision of Reports and Stockholder Information to Participants	  	 	14	 
			
	 12.
	 	Withdrawal from Plan	  	 	15	 
				
		 	12.1	  	Voluntary Withdrawal from the Plan	  	 	15	 
				
		 	12.2	  	Return of Plan Account Balance	  	 	15	 
			
	 13.
	 	Termination of Employment or Eligibility	  	 	15	 
			
	 14.
	 	Effect of Change in Control on Purchase Rights	  	 	15	 
			
	 15.
	 	Nontransferability of Purchase Rights	  	 	15	 
			
	 16.
	 	Compliance with Applicable Law	  	 	16	 
			
	 17.
	 	Rights as a Stockholder and Employee	  	 	16	 
			
	 18.
	 	Notification of Disposition of Shares	  	 	16	 
			
	 19.
	 	Legends	  	 	16	 
			
	 20.
	 	Designation of Beneficiary	  	 	17	 
				
		 	20.1	  	Designation Procedure	  	 	17	 
				
		 	20.2	  	Absence of Beneficiary Designation	  	 	17	 
			
	 21.
	 	Notices	  	 	17	 
			
	 22.
	 	Amendment or Termination of the Plan	  	 	17	 
			
	 23.
	 	No Representations with Respect to Tax Qualification	  	 	17	 
			
	 24.
	 	Choice of Law	  	 	18	 

  
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 Fast Radius, Inc. 

2022 Employee Stock Purchase Plan 

1. ESTABLISHMENT, PURPOSE AND TERM OF
PLAN. 
 1.1 Establishment. The Fast Radius, Inc. 2022 Employee Stock Purchase Plan is hereby established
effective as of the date the Plan is approved by the Company’s Stockholders (the “Effective Date”). 

1.2 Purpose. The purpose of the Plan is to advance the interests of the Company and its stockholders by providing an incentive to
attract, retain and reward Eligible Employees of the Participating Company Group and by motivating such persons to contribute to the growth and profitability of the Participating Company Group. The Plan provides Eligible Employees with an
opportunity to acquire a proprietary interest in the Company through the purchase of Stock. The Plan is comprised of the Section 423 Component and the Non-423 Component. The Company intends that Purchase
Rights granted under the Section 423 Component of the Plan will qualify as “employee stock purchase plan” purchase rights under Section 423 of the Code (including any amendments or replacements of such section), and the
Section 423 Component shall be so construed. Purchase Rights granted under the Non-423 Component, are intended to provide Eligible Employees employed by Participating Companies outside the United States
with an opportunity to purchase shares of Stock pursuant to the terms and conditions of the Plan. Except as otherwise provided in the Plan or determined by the Committee, the Non-423 Component will
operate and be administered in the same manner as the 423 Component. 
 1.3 Term of Plan. The Plan shall continue in effect until its
termination by the Committee. 
 2. DEFINITIONS AND CONSTRUCTION. 

2.1 Definitions. Any term not expressly defined in the Plan but defined for purposes of Section 423 of the Code shall have the same
definition herein. Whenever used herein, the following terms shall have their respective meanings set forth below: 
 (a)
“Board” means the Board of Directors of the Company. 
 (b) “Cash Exercise
Notice” means a written notice in such form as specified by the Company which states a Participant’s election to exercise, as of the next Purchase Date, a Purchase Right granted to such Participant with respect to a Pre-Registration Offering Period. 
 (c) “Change in Control” means
the occurrence of any one or a combination of the following: 
 (i) any “person” (as such term is used in Sections 13(d) and
14(d) of the Exchange Act) becomes the “beneficial owner” (as such term is defined in Rule 13d-3 promulgated under the Exchange Act), directly or indirectly, of securities of the Company
representing more than fifty percent (50%) of the total Fair Market Value or total combined voting power of the Company’s then-outstanding securities entitled to vote generally in the election of Directors; provided, however, that a Change in
Control shall not be deemed to have occurred if such degree of beneficial ownership results from any of the following: (A) an acquisition by any person who on the Effective Date is the beneficial owner of more than fifty percent (50%) of such
voting power, (B) any acquisition directly from the Company, including, without limitation, pursuant to or in connection with a public offering of securities, (C) any acquisition by the Company, (D) any acquisition by a trustee or
other fiduciary under an employee benefit plan of a Participating Company or (E) any acquisition by an entity owned directly or indirectly by the stockholders of the Company in substantially the same proportions as their ownership of the voting
securities of the Company; or 
 (ii) an Ownership Change Event or series of related Ownership Change Events (collectively, a
“Transaction”) in which the stockholders of the Company immediately before the Transaction do not retain immediately after the Transaction direct or indirect beneficial ownership of more than fifty percent (50%) of the total combined
voting power of the outstanding securities entitled to vote generally in the election of Directors or, in the case of an Ownership Change Event described in Section 2.1(t)(iii), the entity to which the assets of the Company were transferred
(the “Transferee”), as the case may be; or 

  
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 (iii) a date specified by the Committee following approval by the stockholders of a plan of
complete liquidation or dissolution of the Company; 
 provided, however, that a Change in Control shall be deemed not to include a transaction described in
subsections (i) or (ii) of this Section 2.1(b) in which a majority of the members of the board of directors of the continuing, surviving or successor entity, or parent thereof, immediately after such transaction is comprised of Incumbent
Directors. 
 For purposes of the preceding sentence, indirect beneficial ownership shall include, without limitation, an interest resulting
from ownership of the voting securities of one or more corporations or other business entities which own the Company or the Transferee, as the case may be, either directly or through one or more subsidiary corporations or other business entities.
The Committee shall determine whether multiple events described in subsections (i), (ii) and (iii) of this Section 2.1(b) are related and to be treated in the aggregate as a single Change in Control, and its determination shall be final,
binding and conclusive. 
 (d) “Code” means the Internal Revenue Code of 1986, as amended, and any
applicable regulations promulgated thereunder. 
 (e) “Committee” means the Compensation Committee and
such other committee or subcommittee of the Board, if any, duly appointed to administer the Plan and having such powers in each instance as shall be specified by the Board. If, at any time, there is no committee of the Board then authorized or
properly constituted to administer the Plan, the Board shall exercise all of the powers of the Committee granted herein, and, in any event, the Board may in its discretion exercise any or all of such powers. 

(f) “Company” means Fast Radius, Inc., a Delaware corporation, or any successor corporation thereto.

 (g) “Compensation” has the meaning set forth in the Offering Document for the Offering. 

(h) “Eligible Employee” means an Employee who meets the requirements set forth in Section 5 for
eligibility to participate in the Plan. 
 (i) “Employee” means a person treated as an employee of a
Participating Company, and, with respect to the Section 423 Component, a person who is an employee for purposes of Section 423 of the Code. A Participant shall be deemed to have ceased to be an Employee either upon an actual termination of
employment or upon the corporation employing the Participant ceasing to be a Participating Company. For purposes of the Section 423 Component, an individual shall not be deemed to have ceased to be an Employee while on any military leave, sick
leave, or other bona fide leave of absence approved by the Company of ninety (90) days or less. For purposes of the Section 423 Component, if an individual’s leave of absence exceeds ninety (90) days, the individual shall be
deemed to have ceased to be an Employee on the ninety-first (91st) day of such leave unless the individual’s right to reemployment with the Participating Company Group is guaranteed either by statute or by contract. The foregoing rules
regarding leaves of absence shall apply equally for purposes of the Non-423 Component, except as otherwise required by applicable Local Law. 

(j) “Fair Market Value” means, as of any date: 

(i) If, on such date, the Stock is listed or quoted on a national or regional securities exchange or quotation system, the closing price of a
share of Stock as quoted on the national or regional securities exchange or quotation system constituting the primary market for the Stock, as reported in The Wall Street Journal or such other source as the Company deems reliable. If the
relevant date does not fall on a day on which the Stock has traded on such securities exchange or quotation system, the date on which the Fair Market Value is established shall be the last day on which the Stock was so traded or quoted prior to the
relevant date, or such other appropriate day as determined by the Committee, in its discretion. 
 (ii) If, on the relevant date, the Stock
is not then listed on a national or regional securities exchange or quotation system, the Fair Market Value of a share of Stock shall be as determined in good faith by the Committee. 

  
 5 

 (k) “Incumbent Director” means a director who either
(i) is a member of the Board as of the Effective Date or (ii) is elected, or nominated for election, to the Board with the affirmative votes of at least a majority of the Incumbent Directors at the time of such election or nomination (but
excluding a director who was elected or nominated in connection with an actual or threatened proxy contest relating to the election of directors of the Company). 

(l) “Local Law” means the applicable laws of the non-United
States jurisdiction governing the participation in the Plan of an Eligible Employee. 
 (m) “Non-423 Component” means that component of the Plan pursuant to which Purchase Rights may be granted that are not intended to satisfy the requirements of Section 423 of the Code. 

(n) “Non-United States Offering” means either (i) an
Offering under the Section 423 Component covering Eligible Employees employed by a Participating Company that is not incorporated or organized in the United States, provided that the terms of such Offering comply with the requirements of
Section 423 of the Code, including such variations in terms of Purchase Rights as permitted by Section 3.4; or (ii) an Offering under the Non-423 Component covering Eligible Employees of one or
more Participating Companies that is not incorporated or organized in the United States, the terms of which need not comply with the requirements of Section 423 of the Code. 

(o) “Offering” means an offering of Stock pursuant to the Plan, as provided in Section 6. 

(p) “Offering Date” means, for any Offering Period, the first day of such Offering Period. 

(q) “Offering Document” means the document approved by the Committee for an Offering that sets forth the terms and
conditions of such Offering under the Plan. 
 (r) “Offering Period” means a period, established by
the Committee in accordance with Section 6.1, during which an Offering is outstanding. 
 (s)
“Officer” means any person designated by the Board as an officer of the Company. 
 (t)
“Ownership Change Event” means the occurrence of any of the following with respect to the Company: (i) the direct or indirect sale or exchange in a single or series of related transactions by the
stockholders of the Company of securities of the Company representing more than fifty percent (50%) of the total combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of Directors;
(ii) a merger or consolidation in which the Company is a party; or (iii) the sale, exchange, or transfer of all or substantially all of the assets of the Company (other than a sale, exchange or transfer to one or more subsidiaries of the
Company). 
 (u) “Parent Corporation” means any present or future “parent corporation” of
the Company, as defined in Section 424(e) of the Code. 
 (v) “Participant” means an Eligible
Employee who has become a participant in an Offering Period in accordance with Section 7 and remains a participant in accordance with the Plan. 

(w) “Participating Company” means the Company and any Parent Corporation or Subsidiary Corporation
designated by the Committee as a corporation the Employees of which may, if Eligible Employees, participate in the Plan. The Committee shall have the discretion to determine from time to time which Parent Corporations or Subsidiary Corporations
shall be Participating Companies. The Committee shall designate from time to time and set forth in Appendix A to this Plan those Participating Companies whose Eligible Employees may participate in the Section 423 Component and those
Participating Companies whose Eligible Employees may participate in the Non-423 Component. 
 (x)
“Participating Company Group” means, at any point in time, the Company and all other corporations collectively which are then Participating Companies. 

(y) “Plan” means this 2022 Employee Stock Purchase Plan of the Company, as amended from time to time,
comprised of the Section 423 Component and the Non-423 Component. 

  
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 (z) “Purchase Date” means, for any Offering Period,
the last day of such Offering Period, or, if so determined by the Committee, the last day of each Purchase Period occurring within such Offering Period, on which outstanding Purchase Rights are exercised. 

(aa) “Purchase Period” means a period, established by the Committee in accordance with Section 6.1
and included within an Offering Period, the final date of which is a Purchase Date. 
 (bb) “Purchase
Price” means the price at which a share of Stock may be purchased under the Plan, as determined in accordance with Section 9. 

(cc) “Purchase Right” means an option granted to a Participant pursuant to the Plan to purchase such
shares of Stock as provided in Section 8, which the Participant may or may not exercise during the Offering Period in which such option is outstanding. Such option arises from the right of a Participant to withdraw any payroll deductions or
other contributions made by the Participant to the Plan or other funds accumulated on behalf of the Participant and not previously applied to the purchase of Stock under the Plan, and to terminate participation in the Plan at any time during an
Offering Period. 
 (dd) “Section 423 Component” means that component
of the Plan which is intended to be an “employee stock purchase plan” under Section 423 of the Code. 
 (ee)
“Securities Act” means the Securities Act of 1933, as amended. 
 (ff)
“Stock” means the Common Stock of the Company, as adjusted from time to time in accordance with Section 4.2. 

(gg) “Subscription Agreement” means a written or electronic agreement, in such form as is specified by
the Company, stating an Employee’s election to participate in the Plan and authorizing payroll deductions under the Plan from the Employee’s Compensation. 

(hh) “Subscription Date” means the last business day prior to the Offering Date of an Offering Period or
such earlier date as the Company shall establish. 
 (ii) “Subsidiary Corporation” means any present
or future “subsidiary corporation” of the Company, as defined in Section 424(f) of the Code. 
 2.2 Construction.
Captions and titles contained herein are for convenience only and shall not affect the meaning or interpretation of any provision of the Plan. Except when otherwise indicated by the context, the singular shall include the plural and the plural shall
include the singular. Use of the term “or” is not intended to be exclusive, unless the context clearly requires otherwise. 
 3.
ADMINISTRATION. 
 3.1 Administration by the Committee. The Plan shall be administered by the Committee.
All questions of interpretation of the Plan, of any form of agreement or other document employed by the Company in the administration of the Plan, or of any Purchase Right shall be determined by the Committee, and such determinations shall be final,
binding and conclusive upon all persons having an interest in the Plan or the Purchase Rights, unless fraudulent or made in bad faith. Subject to the provisions of the Plan, the Committee shall determine all of the relevant terms and conditions of
Offerings and Purchase Rights; provided, however, that all Participants granted Purchase Rights pursuant to an Offering under the Section 423 Component shall have the same rights and privileges within the meaning of Section 423(b)(5) of
the Code, other than for such variations in terms of Purchase Rights as permitted by Section 3.4. Any and all actions, decisions and determinations taken or made by the Committee in the exercise of its discretion pursuant to the Plan or any
agreement thereunder (other than determining questions of interpretation pursuant to the second sentence of this Section 3.1) shall be final, binding and conclusive upon all persons having an interest therein. All expenses incurred in
connection with the administration of the Plan shall be paid by the Company. 
 3.2 Authority of Officers. Any Officer shall have the
authority to act on behalf of the Company with respect to any matter, right, obligation, determination or election that is the responsibility of or that is allocated to 

  
 7 

 
the Company herein, provided that the Officer has apparent authority with respect to such matter, right, obligation, determination or election. 

3.3 Power to Adopt Sub-Plans. The Committee shall have the power, in its discretion, to adopt
one or more sub-plans of the Plan as the Committee deems necessary or desirable to comply with the laws or regulations, tax policy, accounting principles or custom of foreign jurisdictions applicable to
employees of a subsidiary business entity of the Company, provided that any such sub-plan shall be within the scope of the Non-423 Component. Any of the provisions of
any such sub-plan may supersede the provisions of this Plan, other than Section 4. Except as superseded by the provisions of a sub-plan, the provisions of this Plan
shall govern such sub-plan. 
 3.4 Power to Vary Terms with Respect to Non-U.S. Employees. In order to comply with the laws of a foreign jurisdiction, the Committee shall have the power, in its discretion and as permitted by Section 423 of the Code, to grant Purchase Rights in
an Offering under the Section 423 Component to citizens or residents of a non-U.S. jurisdiction (without regard to whether they are also citizens of the United States or resident aliens) that provide
terms which are less favorable than the terms of Purchase Rights granted under the same Offering to Employees resident in the United States. 

3.5 Power to Establish Separate Offerings with Varying Terms. The Committee shall have the power, in its discretion, to establish
separate, simultaneous or overlapping Offerings having different terms and conditions and to designate the Participating Company or Companies that may participate in a particular Offering, provided that each Offering under the Section 423
Component shall individually comply with the terms of the Plan and the requirements of Section 423(b)(5) of the Code that all Participants granted Purchase Rights pursuant to such Offering shall have the same rights and privileges within the
meaning of such section, other than for such variations in terms of Purchase Rights as permitted by Section 3.4. 
 3.6 Policies and
Procedures Established by the Company. Without regard to whether any Participant’s Purchase Right may be considered adversely affected, the Company may, from time to time, consistent with the Plan and the requirements of Section 423 of
the Code in the case of the Section 423 Component, establish, change or terminate such rules, guidelines, policies, procedures, limitations, or adjustments as deemed advisable by the Company, in its discretion, for the proper administration of
the Plan, including, without limitation, (a) a minimum payroll deduction amount required for participation in an Offering, (b) a limitation on the frequency or number of changes permitted in the rate of payroll deduction during an
Offering, (c) an exchange ratio applicable to amounts withheld or paid in a currency other than United States dollars, (d) a payroll deduction greater than or less than the amount designated by a Participant in order to adjust for the
Company’s delay or mistake in processing a Subscription Agreement or in otherwise effecting a Participant’s election under the Plan or as advisable to comply with the requirements of Section 423 of the Code, and (e) determination
of the date and manner by which the Fair Market Value of a share of Stock is determined for purposes of administration of the Plan. All such actions by the Company with respect to the Section 423 Component shall be taken consistent with the
requirements under Section 423(b)(5) of the Code that all Participants granted Purchase Rights pursuant to an Offering shall have the same rights and privileges within the meaning of such section, except as otherwise permitted by
Section 3.4 and the regulations under Section 423 of the Code. 
 3.7 Indemnification. In addition to such other rights of
indemnification as they may have as members of the Board or the Committee or as officers or employees of the Participating Company Group, to the extent permitted by applicable law, members of the Board or the Committee and any officers or employees
of the Participating Company Group to whom authority to act for the Board, the Committee or the Company is delegated shall be indemnified by the Company against all reasonable expenses, including attorneys’ fees, actually and necessarily
incurred in connection with the defense of any action, suit or proceeding, or in connection with any appeal therein, to which they or any of them may be a party by reason of any action taken or failure to act under or in connection with the Plan, or
any right granted hereunder, and against all amounts paid by them in settlement thereof (provided such settlement is approved by independent legal counsel selected by the Company) or paid by them in satisfaction of a judgment in any such action,
suit or proceeding, except in relation 

  
 8 

 
to matters as to which it shall be adjudged in such action, suit or proceeding that such person is liable for gross negligence, bad faith or intentional misconduct in duties; provided, however,
that within sixty (60) days after the institution of such action, suit or proceeding, such person shall offer to the Company, in writing, the opportunity at its own expense to handle and defend the same. 

4. SHARES SUBJECT TO PLAN. 

4.1 Maximum Number of Shares Issuable. Subject to adjustment as provided in Section 4.2, the maximum aggregate number of shares of
Stock that may be issued under the Plan shall be 2,150,000 Shares. Shares issued under the Plan shall consist of authorized but unissued or reacquired shares of Stock, or any combination thereof. If an outstanding Purchase Right for any reason
expires or is terminated or canceled, the shares of Stock allocable to the unexercised portion of that Purchase Right shall again be available for issuance under the Plan. 

4.2 Annual Increase in Maximum Number of Shares Issuable. Subject to adjustment as provided in Section 4.2, the maximum
aggregate number of shares of Stock that may be issued under the Plan as set forth in Section 4.1 shall be cumulatively increased automatically on each January 1 following the Effective Date through and including January 1, 2031, by a
number of shares (the “Annual Increase”) equal to the smallest of (a) one percent (1%) of the number of shares of Stock issued and outstanding on the immediately preceding December 31,
(b) 4,300,000 shares, or (c) an amount determined by the Board. 
 4.3 Adjustments for Changes in Capital
Structure. Subject to any required action by the stockholders of the Company and the requirements of Section 424 of the Code to the extent applicable, in the event of any change in the Stock effected without receipt of consideration by the
Company, whether through merger, consolidation, reorganization, reincorporation, recapitalization, reclassification, stock dividend, stock split, reverse stock split, split-up,
split-off, spin-off, combination of shares, exchange of shares, or similar change in the capital structure of the Company, or in the event of payment of a dividend or
distribution to the stockholders of the Company in a form other than Stock (excepting regular, periodic cash dividends) that has a material effect on the Fair Market Value of shares of Stock, appropriate and proportionate adjustments shall be made
in the number and kind of shares subject to the Plan, any limit on the number of shares which may be purchased by any Participant during an Offering Period or Purchase Period (as described in Sections 8.1 and 8.2), the number of shares subject
to each Purchase Right, and in the Purchase Price in order to prevent dilution or enlargement of Participants’ rights under the Plan. For purposes of the foregoing, conversion of any convertible securities of the Company shall not be treated as
“effected without receipt of consideration by the Company.” If a majority of the shares which are of the same class as the shares that are subject to outstanding Purchase Rights are exchanged for, converted into, or otherwise become
(whether or not pursuant to an Ownership Change Event) shares of another corporation (the “New Shares”), the Committee may unilaterally amend the outstanding Purchase Rights to provide that such Purchase Rights
are for New Shares. In the event of any such amendment, the number of shares subject to, and the exercise price per share of, the outstanding Purchase Rights shall be adjusted in a fair and equitable manner as determined by the Committee, in its
discretion. Any fractional share resulting from an adjustment pursuant to this Section shall be rounded down to the nearest whole number, and in no event may the Purchase Price be decreased to an amount less than the par value, if any, of the stock
subject to the Purchase Right. The adjustments determined by the Committee pursuant to this Section 4.2 shall be final, binding and conclusive. 

5. ELIGIBILITY. 

5.1 Employees Eligible to Participate. Each Employee of a Participating Company is eligible to participate in the Plan and shall be
deemed an Eligible Employee, except that the following Employees of a Participating Company shall not participate in any Offering unless otherwise determined by the Committee and set forth in the Offering Document for such Offering: 

(a) Any Employee who is customarily employed by the Participating Company Group for twenty (20) hours or less per week; or 

  
 9 

 (b) Any Employee who is customarily employed by the Participating Company Group for not
more than five (5) months in any calendar year. 
 An Eligible Employee shall be eligible to participate in the Section 423 Component or the Non-423 Component in accordance with the designation in Appendix A of the Employee’s employer as either a Section 423 Component Participating Company or a
Non-423 Component Participating Company. Notwithstanding the foregoing, an Employee of a Participating Company designated in Appendix A as a Section 423 Component Participating
Company who is a citizen or resident of a non-United States jurisdiction (without regard to whether the Employee is also a citizen of the United States or a resident alien) may be excluded from participation
in the Section 423 Component or an Offering thereunder if either (i) the grant of a Purchase Right under the Section 423 Component or Offering to a citizen or resident of the foreign jurisdiction is prohibited under the Local Law of
such jurisdiction or (ii) compliance with the Local Law of such jurisdiction would cause the Section 423 Component or Offering to violate the requirements of Section 423 of the Code. For purposes of participation in the Non-423 Component, Eligible Employees shall include any other Employees of the applicable Non-423 Component Participating Company to the extent that applicable Local Law
requires participation in the Plan to be extended to such Employees, as determined by the Company. 
 5.2 Exclusion of Certain
Stockholders. Notwithstanding any provision of the Plan to the contrary, no Employee shall be treated as an Eligible Employee and granted a Purchase Right under the Section 423 Component if, immediately after such grant, the Employee would
own, or hold options to purchase, stock of the Company or of any Parent Corporation or Subsidiary Corporation possessing five percent (5%) or more of the total combined voting power or value of all classes of stock of such corporation, as determined
in accordance with Section 423(b)(3) of the Code. For purposes of this Section 5.2, the attribution rules of Section 424(d) of the Code shall apply in determining the stock ownership of such Employee. 

5.3 Determination by Company. The Company shall determine in good faith and in the exercise of its discretion whether an individual has
become or has ceased to be an Employee or an Eligible Employee and the effective date of such individual’s attainment or termination of such status, as the case may be. For purposes of an individual’s participation in or other rights, if
any, under the Plan as of the time of the Company’s determination of whether or not the individual is an Employee, all such determinations by the Company shall be final, binding and conclusive as to such rights, if any, notwithstanding that the
Company or any court of law or governmental agency subsequently makes a contrary determination as to such individual’s status as an Employee. 

6. OFFERINGS. 

6.1 Terms. The Committee shall determine the terms of Offerings subject to the terms and conditions of the Plan which shall be set forth
in the applicable Offering Document for the Offering. 
 6.2 Offering Periods. The Committee shall determine the length of Offering
Periods and may establish additional or alternative concurrent, sequential or overlapping Offering Periods, a different duration for one or more Offering Periods or different commencing or ending dates for such Offering Periods; provided, however,
that no Offering Period may have a duration exceeding twenty-seven (27) months. Each Offering Period may consist of one (1) or more Purchase Periods having such duration as the Committee shall specify, and the last day of each such
Purchase Period shall be a Purchase Date. If the first or last day of an Offering Period or a Purchase Period is not a day on which the principal stock exchange or quotation system on which the Stock is then listed is open for trading, the Company
shall specify the trading day that will be deemed the first or last day, as the case may be, of the Offering Period or Purchase Period. 

6.3 Non-United States Offerings. The Committee shall communicate to the Employees eligible to
participate in a Non-United States Offering (whether pursuant to the Section 423 Component or the Non-423 Component) those terms of the Non-United States Offering that differ from the terms otherwise applicable to the relevant Offering covering Eligible Employees employed by a Participating Company within the United States under the Section 423
Component a reasonable period of time prior to the Subscription Date for such Non-United States Offering. 

  
 10 

 7. PARTICIPATION IN THE
PLAN. 
 7.1 Initial Participation. 

(a) Generally. An Eligible Employee may become a Participant in an Offering Period by delivering a properly completed written or
electronic Subscription Agreement to the Company office or representative designated by the Company (including a third-party administrator designated by the Company) not later than the close of business on the Subscription Date established by the
Company for that Offering Period. An Eligible Employee who does not deliver a properly completed Subscription Agreement in the manner permitted or required on or before the Subscription Date for an Offering Period shall not participate in the Plan
for that Offering Period or for any subsequent Offering Period unless the Eligible Employee subsequently delivers a properly completed Subscription Agreement to the appropriate Company office or representative on or before the Subscription Date for
such subsequent Offering Period. 
 (b) New Hires. The Committee may provide as part of the terms of an Offering that each person
who, during the course of an Offering, first becomes an Eligible Employee will, on a date or dates specified in the Offering which coincides with the day on which such person becomes an Eligible Employee or which occurs thereafter, receive a
Purchase Right under that Offering, which Purchase Right will thereafter be deemed to be a part of that Offering. Such Purchase Right will have the same characteristics as any Purchase Rights originally granted under that Offering, as described
herein, except that: 
 (i) the date on which such Purchase Right is granted will be the “Offering Date” of such Purchase Right
for all purposes, including determination of the exercise price of such Purchase Right; 
 (ii) the period of the Offering with respect to
such Purchase Right will begin on its Offering Date and end coincident with the end of such Offering; and 
 (iii) the Committee may provide
that if such person first becomes an Eligible Employee within a specified period of time before the end of the Offering, he or she will not receive any Purchase Right under that Offering. 

7.2 Continued Participation. 

(a) Generally. A Participant shall automatically participate in the next Offering Period commencing immediately after the final
Purchase Date of each Offering Period in which the Participant participates provided that the Participant remains an Eligible Employee on the Offering Date of the new Offering Period and has not either (a) withdrawn from the Plan pursuant to
Section 12.1, or (b) terminated employment or otherwise ceased to be an Eligible Employee as provided in Section 13. A Participant who may automatically participate in a subsequent Offering Period, as provided in this Section, is not
required to deliver any additional Subscription Agreement for the subsequent Offering Period in order to continue participation in the Plan. However, a Participant may deliver a new Subscription Agreement for a subsequent Offering Period in
accordance with the procedures set forth in Section 7.1(a) if the Participant desires to change any of the elections contained in the Participant’s then effective Subscription Agreement. 

8. RIGHT TO PURCHASE SHARES. 

8.1 Grant of Purchase Right. Except as provided below, on the Offering Date of each Offering Period, each Eligible Employee shall be
granted automatically a Purchase Right consisting of an option to purchase up to the maximum number of shares of Stock permitted by the Plan and the applicable Offering at the Purchase Price specified in the Offering Document. No Purchase Right
shall be granted on an Offering Date to any person who is not, on such Offering Date, an Eligible Employee. 
 8.2 Calendar Year Purchase
Limitation. Notwithstanding any provision of the Plan to the contrary, no Participant (whether participating in the Section 423 Component or the Non-423 Component) shall be granted a Purchase Right
which permits his or her right to purchase shares of Stock under the Plan to accrue at a rate which, when aggregated with such Participant’s rights to purchase shares under all other employee stock purchase plans of a Participating Company
intended to meet the requirements of Section 423 of the Code, 

  
 11 

 
exceeds Twenty-Five Thousand Dollars ($25,000) in Fair Market Value (or such other limit, if any, as may be imposed by the Code) for each calendar year in which such Purchase Right is outstanding
at any time. For purposes of the preceding sentence, the Fair Market Value of shares purchased during a given Offering Period shall be determined as of the Offering Date for such Offering Period. The limitation described in this Section shall be
applied in conformance with Section 423(b)(8) of the Code or any successor thereto and the regulations thereunder. 
 8.3 Purchase
Date and Offering Share Limits. In connection with each Offering made under the Plan, the Committee will specify a maximum number of shares that may be purchased by any Participant on any Purchase Date during such Offering, which limitation
will be set forth in the Offering Document for such Offering. In connection with any Offering under the Plan the Committee may also elect to specify in the Offering Document for such Offering: (i) a maximum aggregate number of shares that may
be purchased by all Participants pursuant to such Offering and/or (ii) a maximum aggregate number of shares that may be purchased by all Participants on any Purchase Date under the Offering. 

9. PURCHASE PRICE. 

The Purchase Price at which each share of Stock may be acquired in an Offering Period upon the exercise of all or any portion of a Purchase
Right shall be established by the Committee and set forth in the Offering Document; provided, however, that the Purchase Price on each Purchase Date shall not be less than eighty-five percent (85%) of the
lesser of (a) the Fair Market Value of a share of Stock on the Offering Date of the Offering Period or (b) the Fair Market Value of a share of Stock on the Purchase Date. Subject to adjustment as provided by the Plan and unless otherwise
provided by the Committee, the Purchase Price for each Offering Period shall be eighty-five percent (85%) of the lesser of (a) the Fair Market Value of a share of Stock on the Offering Date of the
Offering Period or (b) the Fair Market Value of a share of Stock on the Purchase Date. 
 10.
CONTRIBUTIONS. 
 Except as provided in Section 11.1(b) with respect to a
Non-United States Offering or to the extent that the Committee specifically provides that Participant contributions may be made via a cash, check or equivalent payment with a respect to an Offering, shares of
Stock acquired pursuant to the exercise of all or any portion of a Purchase Right may be paid for only by means of payroll deductions from the Participant’s Compensation accumulated during the Offering Period for which such Purchase Right was
granted, subject to the following: 
 10.1 Amount of Payroll Deductions. Except as otherwise provided herein, the amount to be
deducted under the Plan from a Participant’s Compensation on each pay day during an Offering Period shall be determined by the Participant’s Subscription Agreement. The Subscription Agreement shall set forth the percentage of the
Participant’s Compensation to be deducted on each pay day during an Offering Period in whole percentages of not less than one percent (1%) (except as a result of an election pursuant to Section 10.3 to stop payroll deductions effective
following the first pay day during an Offering) or more than fifteen percent (15%). The Committee may change the foregoing limits on payroll deductions effective as of any Offering Date. 

10.2 Commencement of Payroll Deductions. Payroll deductions shall commence on the first pay day occurring on or following the Offering
Date and shall continue to the end of the Offering Period unless sooner altered or terminated as provided herein. 
 10.3 Election to
Decrease or Stop Payroll Deductions. During an Offering Period, a Participant may elect to decrease the rate of or to stop (but not to increase) deductions from his or her Compensation by delivering to the Company office or representative
designated by the Company (including a third-party administrator designated by the Company) an amended Subscription Agreement authorizing such change on or before the “Change Notice Date.” The “Change Notice
Date” shall be a date prior to the beginning of the first pay period for which such election is to be effective as established by the Company from time to time and announced to the Participants. A Participant who elects,
effective following the first pay day of an Offering Period, to decrease the rate of his or her payroll deductions to zero percent (0%) shall nevertheless remain a Participant in such Offering Period unless the Participant withdraws from the Plan as
provided in Section 12.1. 

  
 12 

 10.4 Election to Increase Payroll Deductions for Subsequent Offering. Prior to the
Offering Date of any Offering Period, an Eligible Employee may elect to increase the rate of deductions from Compensation (not in excess of the limit set forth in Section 10.1) effective with the next Offering Period by delivering to the
Company office or representative designated by the Company (including a third-party administrator designated by the Company) an amended Subscription Agreement authorizing such change on or before the Change Notice Date prior to the commencement of
such new Offering Period. 
 10.5 Administrative Suspension of Payroll Deductions. The Company may, in its discretion, suspend a
Participant’s payroll deductions under the Plan as the Company deems advisable to avoid accumulating payroll deductions in excess of the amount that could reasonably be anticipated to purchase the maximum number of shares of Stock permitted
(a) under the Participant’s Purchase Right, or (b) during a calendar year under the limit set forth in Section 8.2. Unless the Participant has either withdrawn from the Plan as provided in Section 12.1 or has ceased to be an
Eligible Employee, suspended payroll deductions shall be resumed at the rate specified in the Participant’s then effective Subscription Agreement either (i) at the beginning of the next Offering Period if the reason for suspension was
clause (a) in the preceding sentence, or (ii) at the beginning of the next Offering Period having a first Purchase Date that falls within the subsequent calendar year if the reason for suspension was clause (b) in the preceding
sentence. 
 10.6 Participant Accounts. Individual bookkeeping accounts shall be maintained for each Participant. All payroll
deductions from a Participant’s Compensation, any permitted cash, check or similar contributions (and other amounts received from a non-United States Participant pursuant to Section 11.1(b) or
pursuant to an Offering under the Non-423 Component) shall be credited to such Participant’s Plan account and shall be deposited with the general funds of the Company (except as otherwise required by
Local Law in connecting with an Offering under the Non-423 Component). All such amounts received or held by the Company may be used by the Company for any corporate purpose. 

10.7 No Interest Paid. Interest shall not be paid on sums deducted from a Participant’s Compensation pursuant to the Plan or
otherwise credited to the Participant’s Plan account (except as otherwise required by Local Law in connection with an Offering under the Non-423 Component). 

11. PURCHASE OF SHARES. 

11.1 Exercise of Purchase Right. 

(a) Generally. Except as provided in Section 11.1(b), on each Purchase Date of an Offering Period, each Participant who has not
withdrawn from the Plan and whose participation in the Offering has not otherwise terminated before such Purchase Date shall automatically acquire pursuant to the exercise of the Participant’s Purchase Right the number of whole shares of Stock
determined by dividing (a) the total amount of the Participant’s payroll deductions accumulated in the Participant’s Plan account during the Offering Period and not previously applied toward the purchase of Stock by (b) the
Purchase Price. However, in no event shall the number of shares purchased by the Participant during an Offering Period exceed the number of shares subject to the Participant’s Purchase Right. No shares of Stock shall be purchased on a Purchase
Date on behalf of a Participant whose participation in the Offering or the Plan has terminated before such Purchase Date. 
 (b) Purchase
by Non-United States Participants for Whom Payroll Deductions Are Prohibited by Applicable Law. Notwithstanding Section 11.1(a), where payroll deductions on behalf of Participants who are citizens or
residents of countries other than the United States (without regard to whether they are also citizens of the United States or resident aliens) are prohibited or made impracticable by applicable Local Law, the Committee may establish a separate
Offering (a “Non-United States Offering”) covering all Eligible Employees of one or more Participating Companies subject to such prohibition or restrictions on payroll
deductions. The Non-United States Offering shall provide another method for payment of the Purchase Price with such terms and conditions as shall be administratively convenient and comply with applicable Local
Law. On each Purchase Date of the Offering Period applicable to a Non-United States Offering, each Participant who has not withdrawn from the Plan and whose participation in such Offering Period has not
otherwise terminated before such Purchase Date shall automatically acquire pursuant to the exercise of the Participant’s Purchase 

  
 13 

 
Right a number of whole shares of Stock determined in accordance with Section 11.1(a) to the extent of the total amount of the Participant’s Plan account balance accumulated during the
Offering Period in accordance with the method established by the Committee and not previously applied toward the purchase of Stock. However, in no event shall the number of shares purchased by a Participant during such Offering Period exceed the
number of shares subject to the Participant’s Purchase Right. The Company shall refund to a Participant in a Non-United States Offering in accordance with Section 11.4 any excess Purchase Price
payment received from such Participant. 
 11.2 Pro Rata Allocation of Shares. If the number of shares of Stock which might be
purchased by all Participants on a Purchase Date exceeds the number of shares of Stock remaining available for issuance under the Plan or the maximum aggregate number of shares of Stock that may be purchased on such Purchase Date pursuant to a limit
established by the Committee pursuant to Section 8.1 or Section 8.3, the Company shall make a pro rata allocation of the shares available in as uniform a manner as practicable and as the Company determines to be equitable. Any fractional
share resulting from such pro rata allocation to any Participant shall be disregarded. 
 11.3 Delivery of Title to Shares. Subject to
any governing rules or regulations, as soon as practicable after each Purchase Date, the Company shall issue or cause to be issued to or for the benefit of each Participant the shares of Stock acquired by the Participant on such Purchase Date by
means of one or more of the following: (a) by delivering to the Participant evidence of book entry shares of Stock credited to the account of the Participant, (b) by depositing such shares of Stock for the benefit of the Participant with
any broker with which the Participant has an account relationship, or (c) by delivering such shares of Stock to the Participant in certificate form. 

11.4 Return of Plan Account Balance. Any cash balance remaining in a Participant’s Plan account following any Purchase Date shall
be refunded to the Participant as soon as practicable after such Purchase Date. However, if the cash balance to be returned to a Participant pursuant to the preceding sentence is less than the amount that would have been necessary to purchase an
additional whole share of Stock on such Purchase Date, the Company may retain the cash balance in the Participant’s Plan account to be applied toward the purchase of shares of Stock in the subsequent Purchase Period or Offering Period. 

11.5 Tax Withholding. At the time a Participant’s Purchase Right is exercised, in whole or in part, or at the time a Participant
disposes of some or all of the shares of Stock he or she acquires under the Plan, the Participant shall make adequate provision for the federal, state, local and foreign taxes (including social insurance), if any, required to be withheld by any
Participating Company upon exercise of the Purchase Right or upon such disposition of shares, respectively. A Participating Company may, but shall not be obligated to, withhold from the Participant’s compensation the amount necessary to meet
such withholding obligations. The Company or any other Participating Company shall have the right to take such other action as it determines to be necessary or advisable to satisfy withholding obligations for such taxes. 

11.6 Expiration of Purchase Right. Any portion of a Participant’s Purchase Right remaining unexercised after the end of the
Offering Period to which the Purchase Right relates shall expire immediately upon the end of the Offering Period. 
 11.7 Provision of
Reports and Stockholder Information to Participants. Each Participant who has exercised all or part of his or her Purchase Right shall receive, as soon as practicable after the Purchase Date, a report of such Participant’s Plan account
setting forth the total amount credited to his or her Plan account prior to such exercise, the number of shares of Stock purchased, the Purchase Price for such shares, the date of purchase and the cash balance, if any, remaining immediately after
such purchase that is to be refunded or retained in the Participant’s Plan account pursuant to Section 11.4. The report required by this Section may be delivered or made available in such form and by such means, including by electronic
transmission, as the Company may determine. In addition, each Participant shall be provided information concerning the Company equivalent to that information provided generally to the Company’s common stockholders. 

  
 14 

 12. WITHDRAWAL FROM PLAN. 

12.1 Voluntary Withdrawal from the Plan. A Participant may withdraw from the Plan by signing and delivering to the Company office or
representative designated by the Company (including a third-party administrator designated by the Company) a written or electronic notice of withdrawal on a form provided by the Company for this purpose. Such withdrawal may be elected at any time
prior to the end of an Offering Period; provided, however, that if a Participant withdraws from the Plan after a Purchase Date, the withdrawal shall not affect shares of Stock acquired by the Participant on such Purchase Date. A Participant who
voluntarily withdraws from the Plan is prohibited from resuming participation in the Plan in the same Offering from which he or she withdrew, but may participate in any subsequent Offering by again satisfying the requirements of Sections 5 and
7.1. The Company may impose, from time to time, a requirement that the notice of withdrawal from the Plan be on file with the Company office or representative designated by the Company for a reasonable period prior to the effectiveness of the
Participant’s withdrawal. 
 12.2 Return of Plan Account Balance. Upon a Participant’s voluntary withdrawal from the Plan
pursuant to Section 12.1, the Participant’s accumulated Plan account balance which has not been applied toward the purchase of shares of Stock shall be refunded to the Participant as soon as practicable after the withdrawal, without the
payment of any interest (except as otherwise required by Local Law in connection with an Offering under the Non-423 Component), and the Participant’s interest in the Plan and the Offering shall terminate.
Such amounts to be refunded in accordance with this Section may not be applied to any other Offering under the Plan. 
 13.
TERMINATION OF EMPLOYMENT OR ELIGIBILITY. 
 Upon a
Participant’s ceasing, prior to a Purchase Date, to be an Employee of the Participating Company Group for any reason, including retirement, disability or death, or upon the failure of a Participant to remain an Eligible Employee, the
Participant’s participation in the Plan shall terminate immediately. In such event, the Participant’s Plan account balance which has not been applied toward the purchase of shares of Stock shall, as soon as practicable, be returned to the
Participant or, in the case of the Participant’s death, to the Participant’s beneficiary designated in accordance with Section 20, if any, or legal representative, and all of the Participant’s rights under the Plan shall
terminate. Interest shall not be paid on sums returned pursuant to this Section 13 (except as otherwise required by Local Law in connection with an Offering under the Non-423 Component). A Participant
whose participation has been so terminated may again become eligible to participate in the Plan by satisfying the requirements of Sections 5 and 7.1. 

14. EFFECT OF CHANGE IN CONTROL ON
PURCHASE RIGHTS. 
 In the event of a Change in Control, the surviving, continuing, successor, or
purchasing corporation or parent thereof, as the case may be (the “Acquiring Corporation”), may, without the consent of any Participant, assume or continue the Company’s rights and obligations under
outstanding Purchase Rights or substitute substantially equivalent purchase rights for the Acquiring Corporation’s stock. If the Acquiring Corporation elects not to assume, continue or substitute for the outstanding Purchase Rights, the
Purchase Date of the then current Offering Period shall be accelerated to a date that is within fifteen (15) business days before the anticipated date of the Change in Control as specified by the Committee, and the Participants’ prior
accumulated contributions will be used to purchase shares on such accelerated Purchase Date. All Purchase Rights which are neither assumed or continued by the Acquiring Corporation in connection with the Change in Control nor exercised as of the
date of the Change in Control shall terminate and cease to be outstanding effective as of the date of the Change in Control. 
 15.
NONTRANSFERABILITY OF PURCHASE RIGHTS. 
 Neither payroll
deductions or other amounts credited to a Participant’s Plan account nor a Participant’s Purchase Right may be assigned, transferred, pledged or otherwise disposed of in any manner other than as provided by the Plan or by will or the laws
of descent and distribution. (A beneficiary designation pursuant to Section 20 shall not be treated as a disposition for this purpose.) Any such attempted assignment, transfer, pledge or other disposition shall be without effect, except that
the Company may treat such act as an election to withdraw from the Plan as provided in Section 12.1. A Purchase Right shall be exercisable during the lifetime of the Participant only by the Participant. 

  
 15 

 16. COMPLIANCE WITH APPLICABLE
LAW. 
 The issuance of shares of Stock or other property under the Plan shall be subject to compliance with all
applicable requirements of federal, state and foreign securities law and other applicable laws, rules and regulations, and approvals by government agencies as may be required or as the Company deems necessary or advisable. A Purchase Right may not
be exercised if the issuance of shares upon such exercise would constitute a violation of any applicable federal, state or foreign securities laws or other law or regulations or the requirements of any securities exchange or market system upon which
the Stock may then be listed. In addition, no Purchase Right may be exercised unless (a) a registration statement under the Securities Act shall at the time of exercise of the Purchase Right be in effect with respect to the shares issuable upon
exercise of the Purchase Right, or (b) in the opinion of legal counsel to the Company, the shares issuable upon exercise of the Purchase Right may be issued in accordance with the terms of an applicable exemption from the registration
requirements of the Securities Act. The inability of the Company to obtain from any regulatory body having jurisdiction the authority, if any, deemed by the Company’s legal counsel to be necessary to the lawful issuance and sale of any shares
under the Plan shall relieve the Company of any liability in respect of the failure to issue or sell such shares as to which such requisite authority shall not have been obtained. As a condition to the exercise of a Purchase Right, the Company may
require the Participant to satisfy any qualifications that may be necessary or appropriate, to evidence compliance with any applicable law or regulation, and to make any representation or warranty with respect thereto as may be requested by the
Company. 
 17. RIGHTS AS A STOCKHOLDER AND
EMPLOYEE. 
 A Participant shall have no rights as a stockholder by virtue of the Participant’s participation in
the Plan until the date of the issuance of the shares of Stock purchased pursuant to the exercise of the Participant’s Purchase Right (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of
the Company). No adjustment shall be made for dividends, distributions or other rights for which the record date is prior to the date such shares are issued, except as provided in Section 4.2. Nothing herein shall confer upon a Participant any
right to continue in the employ of the Participating Company Group or interfere in any way with any right of any Participating Company to terminate the Participant’s employment at any time. 

18. NOTIFICATION OF DISPOSITION OF SHARES. 

The Company may require the Participant to give the Company prompt notice of any disposition of shares of Stock acquired by exercise of a
Purchase Right. The Company may require that until such time as a Participant disposes of shares of Stock acquired upon exercise of a Purchase Right, the Participant shall hold all such shares in the Participant’s name until the later of two
years after the date of grant of such Purchase Right or one year after the date of exercise of such Purchase Right. The Company may direct that the certificates evidencing shares of Stock acquired by exercise of a Purchase Right refer to such
requirement to give prompt notice of disposition. 
 19. LEGENDS. 

The Company may at any time place legends or other identifying symbols referencing any applicable federal, state or foreign securities law
restrictions or any provision convenient in the administration of the Plan on some or all of the certificates representing shares of Stock issued under the Plan. The Participant shall, at the request of the Company, promptly present to the Company
any and all certificates representing shares acquired pursuant to a Purchase Right in the possession of the Participant in order to carry out the provisions of this Section. Unless otherwise specified by the Company, legends placed on such
certificates may include but shall not be limited to the following: 
 “THE SHARES EVIDENCED BY THIS CERTIFICATE WERE ISSUED BY THE
CORPORATION TO THE REGISTERED HOLDER UPON THE PURCHASE OF SHARES UNDER AN EMPLOYEE STOCK PURCHASE PLAN AS DEFINED IN SECTION 423 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. THE TRANSFER AGENT FOR THE SHARES EVIDENCED HEREBY SHALL NOTIFY
THE CORPORATION IMMEDIATELY OF ANY TRANSFER OF THE 

  
 16 

 
SHARES BY THE REGISTERED HOLDER HEREOF. THE REGISTERED HOLDER SHALL HOLD ALL SHARES PURCHASED UNDER THE PLAN IN THE REGISTERED HOLDER’S NAME (AND NOT IN THE NAME OF ANY NOMINEE).” 

20. DESIGNATION OF BENEFICIARY. 

20.1 Designation Procedure. Subject to applicable Local Law and procedures, a Participant may file a written designation of a
beneficiary who is to receive (a) shares and cash, if any, from the Participant’s Plan account if the Participant dies subsequent to a Purchase Date but prior to delivery to the Participant of such shares and cash, or (b) cash, if
any, from the Participant’s Plan account if the Participant dies prior to the exercise of the Participant’s Purchase Right. If a married Participant designates a beneficiary other than the Participant’s spouse, the effectiveness of
such designation may be subject to the consent of the Participant’s spouse. A Participant may change his or her beneficiary designation at any time by written notice to the Company. 

20.2 Absence of Beneficiary Designation. If a Participant dies without an effective designation pursuant to Section 20.1 of a
beneficiary who is living at the time of the Participant’s death, the Company shall deliver any shares or cash credited to the Participant’s Plan account to the Participant’s legal representative or as otherwise required by applicable
law. 
 21. NOTICES. 

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

22. AMENDMENT OR TERMINATION OF THE
PLAN. 
 The Committee may at any time amend, suspend or terminate the Plan, except that (a) no such amendment,
suspension or termination shall affect Purchase Rights previously granted under the Plan unless expressly provided by the Committee, and (b) no such amendment, suspension or termination may adversely affect a Purchase Right previously granted
under the Plan without the consent of the Participant, except to the extent permitted by the Plan or as may be necessary to qualify the Section 423 Component as an employee stock purchase plan pursuant to Section 423 of the Code or to
comply with any applicable law, regulation or rule. In addition, an amendment to the Plan must be approved by the stockholders of the Company within twelve (12) months of the adoption of such amendment if such amendment would authorize the sale
of more shares than are then authorized for issuance under the Plan or would change the definition of the corporations that may be designated by the Committee as Participating Companies. Notwithstanding the foregoing, in the event that the Committee
determines that continuation of the Plan or an Offering would result in unfavorable financial accounting consequences to the Company, the Committee may, in its discretion and without the consent of any Participant, including with respect to an
Offering Period then in progress: (i) terminate the Plan or any Offering Period, (ii) accelerate the Purchase Date of any Offering Period, (iii) reduce the discount or the method of determining the Purchase Price in any Offering
Period (e.g., by determining the Purchase Price solely on the basis of the Fair Market Value on the Purchase Date), (iv) reduce the maximum number of shares of Stock that may be purchased in any Offering Period, or (v) take any combination
of the foregoing actions. 
 23. NO REPRESENTATIONS WITH RESPECT
TO TAX QUALIFICATION. 
 Although the Company may endeavor to (a) qualify Purchase
Rights for favorable tax treatment under the laws of the United States or jurisdictions outside of the United States (e.g., options granted under Section 423 of the Code) or (b) avoid adverse tax treatment (e.g., under
Section 409A of the Code), the Company makes no representation to that effect and expressly disavows any covenant to maintain favorable or avoid unfavorable tax treatment, anything to the contrary in this Plan. The Company shall be
unconstrained in its corporate activities without regard to the potential negative tax impact on Participants under the Plan. 

  
 17 

 24. CHOICE OF LAW. 

Except to the extent governed by applicable federal law, the validity, interpretation, construction and performance of the Plan and each
Subscription Agreement shall be governed by the laws of the State of Delaware, without regard to its conflict of law rules. 

  
 18 

 PLAN HISTORY 

[***] 

  
 19 

 APPENDIX A 

[***] 

  
 20 

 APPENDIX B 

[***] 

  
 21EX-10.13

 Exhibit 10.13 

AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT 

This Amendment to Executive Employment Agreement (this “Amendment”) is effective as of January 16, 2022 (the
“Amendment Effective Date”), by and between Lou Rassey (the “Executive”) and Fast Radius, Inc., a Delaware corporation (the “Company”). Each of Executive and the Company are a Party and,
together, they are the Parties. 
 WHEREAS, the Parties are party to an Executive Employment Agreement, dated as of
February 28, 2021 (the “Agreement”); 
 WHEREAS, the Parties wish to amend the Agreement as set forth in this
Amendment; and 
 WHEREAS, capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in
the Agreement. 
 NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
the Parties agree as follows: 
 1. Section 3(d) of the Agreement is hereby amended and restated in its entirety as follows: 

“Executive will receive a one-time cash bonus amount equal to $335,000 to be paid within five
(5) business days following the Amendment Effective Date. In the event of the first to occur of an Initial Public Offering (“IPO”) of the Company or the acquisition of the Company by a Special Purpose Acquisition Company
(“SPAC”), Executive will receive a one-time cash bonus amount equal to $2,065,000 to be paid to Executive within thirty (30) days following the closing of the IPO or SPAC
transaction.” 
 2. Other than the changes noted above, all other provisions of the Agreement shall remain in full force and effect
according to their respective terms, and nothing contained herein shall be deemed a waiver of any right or abrogation of any obligation otherwise existing under the Agreement. 

3. On and after the date of this Amendment, each reference in the Agreement to the “Agreement,” “hereunder,”
“hereof,” “herein” or words of like import referring to the Agreement shall mean and be a reference to the Agreement as amended by this Amendment. 

4. This Amendment may be executed in several counterparts, each of which shall be deemed to be an original but all of which together will
constitute one and the same instrument. 
 [Remainder of Page Left Intentionally Blank] 

 IN WITNESS WHEREOF, the Parties have executed this Amendment effective as of the Amendment
Effective Date set forth above. 
  

			
	COMPANY:
		
	By:	 	 /s/ Pat McCusker

	Name:	 	Pat McCusker
	Title:	 	Chief Operating Officer & Secretary
	
	EXECUTIVE:
		
	By:	 	 /s/ Lou Rassey

	Name:	 	Lou Rassey

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