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Exhibit 10.16

ALIGN TECHNOLOGY, INC.  
EXECUTIVE OFFICER RELOCATION AGREEMENT

Effective as of December 31, 2020, and as a condition to receive the relocation benefits promised in this agreement (“Agreement”) by Align Technology, Inc. (“Align” or the “Company”), I, [Name], hereby agree to the following terms and conditions with respect to the relocation package offered below. 

A.Relocation Costs and Benefits.
1.Align agrees to advance, provide and/or reimburse specified costs and expenses associated with the movement of my household and household goods as well as to provide and/or reimburse the costs and expenses associated with certain destination services and benefits intended to ease my relocation.  Specifically, Align will advance, pay and/or reimburse me for the following services, expenses, and costs, which may be, at the Company’s option, through Aires, Align’s current third-party vendor:  
 
						
	Household Goods Shipment	•Packing, loading, transporting, and insurance
•Two vehicles, if over 500 miles
•Renter: 30 days of storage
•Homeowner: 60 days of storage

	En Route
Trip
	•One-way economy airfare OR
•Mileage for two cars at current rate, (based on 400 miles/day)
•Reasonable meals and lodging

	Home Finding 
Trip
	•1 trip (7 days/6 nights)
•Employee and spouse/domestic partner
•Roundtrip economy airfare or mileage for one car at IRS rate
•Meals, lodging and rental car

	Temporary
Living
	•Furnished apartment or extended-stay hotel
•Up to 60 days
•No meals or incidentals

	Departure Home
Sale Assistance
	•Marketing assistance
•Guaranteed Buy Out (GBO)
•Must use Aires agent unless otherwise agreed in writing

	Destination
Home Purchase Assistance
	•Home finding assistance
•Must have been homeowner previously
•Normal and customary closing costs (no points/pre-paids)
•Up to 2% of the purchase price
•Must use Aires Agent unless otherwise agreed in writing

	Rental
Assistance
	•One day professional rental tour
•Lease termination up to 2 month’s rent
•Application fee, credit report fee, and finder’s fee

	Miscellaneous Allowance	•One month’s base salary capped at $20,000
•Payroll taxes deducted

2.In addition, Align agrees to reimburse me for any expenses actually incurred for tax advice from an accountant, attorney or other qualified tax advisor regarding the personal tax implications of the relocation, up to a maximum of $1,000. 

3.Align also agrees to make an make an additional cash payment on my behalf (or, if Align otherwise determines, to me) to assist in offsetting the amount of any federal and state taxes I will owe as a result of the Company’s reimbursement or payment of the relocation benefits described above. 
    
 

4.The scope of the services, expenses, and costs which are to be advanced, paid or reimbursed pursuant to this agreement shall be in accordance with the customary practice of the Company, or Aires, the Company’s third-party vendor, as applicable.  The Compensation Committee of the Board of Directors of the Company shall have the authority to interpret the scope of such services, expenses and costs to the extent there is any ambiguity or disagreement among the parties with respect thereto, and the Compensation Committee’s decision shall be final and binding on the parties. 

B.Terms and Conditions
1.I understand and agree that if I terminate my employment for any reason, or if the Company terminates my employment for Cause (as defined in the [INSERT APPLICABLE EMPLOYMENT AGREEMENT NAME], dated [INSERT DATE], by and between myself and the Company (the “Employment Agreement”)) within one year from (i) the date of my relocation (which will be the day that I begin work in the new location regardless of whether my household goods and/or accompanying family members (if any) have arrived, as determined by the Company, in its sole discretion, based on its objective determination of when I began work in the new location); or (ii) the date of the first expense incurred by the Company on my behalf hereunder, whichever is later (the later of such dates, the “Start Date”), I agree to repay the Company all relocation expenses and costs incurred by the Company above, whether reimbursed or provided to me directly by the Company, paid on my behalf, or paid through or to a third party on the Company’s behalf, including amounts paid to federal or state tax agencies as withholding or other credit against taxes, and any tax gross-up or offset payments (collectively, the “Expenses”). My obligation to repay the Expenses shall be limited as follows:
a.Align will forgive 1/12 of the Expenses for each full month of full-time employment after the Start Date. Any unforgiven Expenses which remain at the time of my resignation or termination for Cause will be due and payable to the Company no later than thirty (30) calendar days after my last day of employment.
b.If the Company terminates my employment other than for Cause within one year from the Start Date, I will have no obligations under this agreement to reimburse the Company for any portion of the Expenses.

2.As a condition to receiving the benefits provided under this agreement, I hereby acknowledge and agree that the movement of my principal office location to the Tempe, Arizona area does not constitute “Good Reason” under [Section] the Employment Agreement or under the terms of any of the equity awards granted to me by the Company.

The Company and I further agree that hereafter for purposes of the Employment Agreement, including Section [INSERT APPLICABLE SECTION] my principal place of employment shall be 410 North Scottsdale Road, Tempe, Arizona 85281.  

3.The Internal Revenue Service requires that some reimbursements to me or payments to third parties for relocation expenses be reported as income.  Further, some or all reimbursed moving and resettlement expenses may be subject to State and Federal withholding taxes.  If 

I incur any expenses not reimbursed by the Company, I will consult with my own tax advisor.  

4.I understand that I cannot and have not relied on the Company or any officer or employee of the Company for advice regarding the proper tax treatment of my relocation expenses, and that I am responsible for obtaining independent advice from my own personal tax advisor.
5.To the extent permitted by applicable law, if so permitted, I authorize the Company to deduct from monies otherwise due to me by the Company, any amounts or Expenses I am obligated hereunder to repay. I understand that if such monies are not sufficient to repay the full amount that I owe, I will remain obligated to immediately pay the remaining amounts owing to the Company under this Agreement within thirty (30) calendar days of my last day of employment.  If I fail to repay the amounts due within that time frame, I will also pay the Company interest at an annual rate of one (1%) percent over prime on all amounts that remain unpaid after the end of such thirty (30) day period. Further, if I breach this Agreement, or default on my obligation to repay all of the Expenses owed, I agree to pay the Company’s cost (including reasonable attorneys’ fees and court costs) of collecting any amounts payable under this Agreement. 
6.This Agreement contains the entire agreement between the Company and I concerning the subject matter hereof and supersedes all prior agreements, understandings, discussions, negotiations and undertakings, whether written or oral, between the Company and I with respect thereto; provided, however, that this Agreement is in addition to, and does not replace or supersede, any other repayment agreement I have entered into with the Company and/or its affiliated entities or subsidiaries.
7.I understand and agree that nothing in this Agreement alters the length of my employment, guarantees employment for any period, alters my status as an at-will employee of Align, or, except as expressly provided herein, modifies, amends, or supersedes the Employment Agreement. This Agreement does not constitute a contract of employment for a fixed duration or a guarantee of employment for twelve months or otherwise, which means either I or Align may terminate my employment at any time and for any reason not otherwise unlawful and in accordance with the terms set forth in the Employment Agreement.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above. 

EXECUTIVE:

			
	
	Name:

ALIGN TECHNOLOGY, INC.

						
	By:	
		Name:
Title:Exhibit
4.1

 

	NUMBER	UNITS
    
	U-	 

 

SEE
REVERSE FOR CERTAIN DEFINITIONS

CUSIP
_______

 

FAST
ACQUISITION CORP. II

UNITS
CONSISTING OF ONE SHARE OF CLASS A COMMON STOCK AND ONE-QUARTER OF ONE

REDEEMABLE WARRANT TO PURCHASE ONE SHARE OF CLASS A COMMON STOCK

 

THIS
CERTIFIES THAT                     
is the owner of          Units.

 

Each
Unit (“Unit”) consists of one share of Class A common stock, par value $0.0001 per share (“Common
Stock”), of FAST Acquisition Corp. II, a Delaware corporation (the “Company”), and one-quarter
of one redeemable warrant (the “Warrant”). Each whole Warrant entitles the holder to purchase one
share of Common Stock for $11.50 per share (subject to adjustment). Only whole Warrants are exercisable. Each whole Warrant
will become exercisable on the later of (i) thirty (30) days after the Company’s completion of a merger, capital
stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses
(each a “Business Combination”), and (ii) twelve (12) months from the closing of the Company’s
initial public offering, and will expire unless exercised before 5:00 p.m., New York City Time, on the date that is five (5) years
after the date on which the Company completes its initial Business Combination, or earlier upon redemption or liquidation (the
“Expiration Date”). The Common Stock and Warrants comprising the Units represented by this certificate
are not transferable separately prior to               ,
2021, unless Jefferies LLC elects to allow separate trading earlier, subject to the Company’s filing of a Current Report
on Form 8-K with the Securities and Exchange Commission containing an audited balance sheet reflecting the Company’s
receipt of the gross proceeds of the Company’s initial public offering and issuing a press release announcing when separate
trading will begin. No fractional Warrants will be issued upon separation of the Units and only whole Warrants will trade. The
terms of the Warrants are governed by a Warrant Agreement, dated as of               ,
2021, between the Company and Continental Stock Transfer & Trust Company, as Warrant Agent, and are subject to the terms
and provisions contained therein, all of which terms and provisions the holder of this certificate consents to by acceptance hereof. Copies
of the Warrant Agreement are on file at the office of the Warrant Agent at 1 State Street, 30th Floor, New York, New
York 10004, and are available to any Warrant holder on written request and without cost.

 

Upon
consummation of a Business Combination, the Units represented by this certificate will automatically separate into the shares
of Common Stock and Warrants comprising such Units.

 

This
certificate is not valid unless countersigned by the Transfer Agent and registered by the Registrar of the Company.

 

This
certificate shall be governed by and construed in accordance with the internal laws of the State of New York.

 

Witness
the facsimile signature of a duly authorized signatory of the Company.

 

	 	 	 
	Authorized
    Signatory	 	Transfer
    Agent

 

     

     

    

 

FAST
ACQUISITION CORP. II

 

The
Company will furnish without charge to each unitholder who so requests, a statement of the powers, designations, preferences and
relative, participating, optional or other special rights of each class of equity or series thereof of the Company and the qualifications,
limitations, or restrictions of such preferences and/or rights.

 

The
following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were
written out in full according to applicable laws or regulations:

 

	TEN COM     —     as
    tenants in common	UNIF GIFT MIN
    ACT	—	 	Custodian	 
	TEN
    ENT       —     as tenants by the entireties	 	 	(Cust)	 	(Minor)
	 	 	 	 
	JT
    TEN          —     as joint tenants with
    right of survivorship and not as tenants in                                   common	 	 	under
    Uniform Gifts to Minors Act
	 	 	 	 
	 	 	 	(State)

 

Additional
abbreviations may also be used though not in the above list.

 

For
value received,                     
hereby sell, assign and transfer unto                     

 

(PLEASE
INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE)

 

(PLEASE
PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE)

 

Units
represented by the within Certificate, and do hereby irrevocably constitute and appoint 

 

Attorney
to transfer the said Units on the books of the within named Company with full power of substitution in the premises.

 

Dated

 

	 	 
	 	Notice: The
    signature to this assignment must correspond with the name as written upon the face of the certificate in every particular,
    without alteration or enlargement or any change whatever.

 

    2

     

    

 

	Signature(s) Guaranteed:	 
	 	 
	THE
    SIGNATURE(S) MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS
    AND CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15 UNDER
    THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED (OR ANY SUCCESSOR RULE)).	 

 

In
each case, as more fully described in the Company’s final prospectus dated                   ,
2021, the holder(s) of this certificate shall be entitled to receive a pro-rata portion of certain funds held in the trust
account established in connection with the Company’s initial public offering only in the event that (i) the Company
redeems the shares of Common Stock sold in its initial public offering and liquidates because it does not consummate an initial
business combination within the period of time set forth in the Company’s amended and restated certificate of incorporation,
as the same may be amended from time to time (the “Charter”), (ii) the Company redeems the shares of Common Stock
sold in its initial public offering properly submitted in connection with a stockholder vote to approve an amendment to the Charter
to modify the substance or timing of the Company’s obligation to redeem 100% of the Common Stock if it does not consummate
an initial business combination within the period of time set forth in the Charter or with respect to any other material provisions
relating to stockholders’ rights or pre-initial business combination activity, or (iii) if the holder(s) seek(s) to
redeem for cash his, her or its respective shares of Common Stock in connection with a tender offer (or proxy solicitation, solely
in the event the Company seeks stockholder approval of the proposed initial business combination) setting forth the details of
a proposed initial business combination. In no other circumstances shall the holder(s) have any right or interest of any
kind in or to the trust account.

 

 

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