Document:

Form of Subscription Agreement

 Exhibit 10.8 
 SUBSCRIPTION AGREEMENT 
 THIS SUBSCRIPTION AGREEMENT (this
“Agreement”), dated as of July 1, 2011, by and among Quantum Fuel Systems Technologies Worldwide, Inc., a Delaware corporation (the “Company”), and the subscriber identified on the
signature page hereto (“Subscriber”). 
 WHEREAS, the Company has previously conducted a private
placement (the “Initial Private Placement”) of Common Stock Units (the “Initial Common Stock Units”) in accordance with that certain Confidential Private Placement Memorandum, dated May 23, 2011
(the “Memorandum”), and the Subscriber received a copy of the Memorandum in connection therewith. 

WHEREAS, the Company is now offering (the “Offering”) up to $2.182 Million of Common Stock Units (the
“Common Stock Units” or “Units”), to selected investors that qualify as “accredited investors” as defined in Regulation D promulgated under the Securities Act of 1933, as amended (the
“Securities Act”). Each Common Stock Unit shall consist of (i) 100 shares of the Company’s Common Stock, $.02 par value (“Common Stock”), and (ii) a five-year warrant (collectively, the
“Warrants”) to purchase up to 60 shares of Common Stock. The Units are being offered on substantially the same terms as the Initial Private Placement and as described in the Memorandum with the following exceptions (the
“Exceptions”): (i) the purchase price for each Common Stock Unit in the Offering (the “Unit Price”) shall be equal to 90% of the last reported sale price of the Company’s Common Stock
as reported by Bloomberg L.P. on the date immediately prior to the date upon which all parties are deemed to have executed the applicable subscription agreements with respect to a closing (a “Closing Date”) multiplied by 100
and (ii) the warrant exercise price shall equal $3.85. The Units and the Common Stock and Warrant underlying the Units are sometimes hereinafter referred to as the “Securities.” 

WHEREAS, the Company and the Subscriber are executing and delivering this Agreement in reliance upon an exemption from securities
registration afforded by the provisions of Section 4(2) and/or Regulation D (“Regulation D”) as promulgated by the United States Securities and Exchange Commission (the “Commission”) under the
Securities Act of 1933, as amended (the “1933 Act”), and similar exemptions under applicable state securities laws. 
 WHEREAS, the parties desire that, upon the terms and subject to the conditions contained herein, the Company shall issue and sell to the Subscriber, as provided herein, and the Subscriber, shall
purchase from the Company, the number of Units set forth on the signature page hereto. The Subscriber desires to acquire the Units pursuant to the terms and conditions of this Agreement. 

NOW, THEREFORE, in consideration of the mutual covenants and other agreements contained in this Agreement, the Company and the
Subscriber hereby agree as follows: 
 1. (a) Memorandum. The Memorandum shall be deemed to have been updated by the
Exceptions and all public filings made by the Company with the U.S. Securities and Exchange Commission since the date of the Memorandum shall be deemed to have been incorporated by reference therein. The Subscriber acknowledges receipt of the
Memorandum and acknowledges that the Memorandum has been updated by the Exceptions and all public filings made by the Company with the U.S. Securities and Exchange Commission since the date of the Memorandum. All references to “Memorandum”
in this Agreement (other than in the recitals) shall refer to the Memorandum as updated pursuant to this Section 1(a). 

 (b) Subscription. In accordance with the terms and conditions of this Agreement, the
Subscriber, intending to be legally bound, hereby irrevocably subscribes for and agrees to purchase the number of Units set forth on the signature page hereto (subject to adjustment by the Company as set forth on the signature page hereto) and to
pay the aggregate Unit Price for such Units in immediately available funds at or prior to the Closing. The execution and delivery of this Agreement by the Subscriber will not constitute an agreement between the Subscriber and the Company until this
Agreement has been accepted by the Company evidenced by receipt by the Subscriber of an acceptance page of this Agreement signed by the Company, and then subject to the terms and conditions of this Agreement. The Subscriber understands that
acceptance or rejection, in whole or in part, by the Company of the subscription and agreement of the Subscriber to purchase the Units is within the sole and absolute discretion of the Company. Likewise, the Subscriber understands, acknowledges and
agrees that acceptance by the Company of any subscription of a Subscriber, in whole or in part, is predicated upon the representations and warranties of the Subscriber as set forth hereinafter and that SUBSCRIPTIONS, ONCE RECEIVED BY THE COMPANY
AND/OR THE PLACEMENT AGENT, ARE IRREVOCABLE BY THE SUBSCRIBER, AND, THEREFORE, MAY NOT BE WITHDRAWN. 
 (c) Closing
Date. The closing of the purchase and sale of the Units hereunder and under other Subscription Agreements (the “Closing”) shall be held at the offices of Alston & Bird LLP, One Atlantic Center, Atlanta, Georgia
30309 as soon as practicable after subscriptions for the Units have been accepted by the Company (the date of the Closing being hereinafter referred to as the “Closing Date”). Subscriptions will not be refunded unless the
Company rejects Subscriber’s subscription, in whole or in part. 
 (d) Deliveries. The Subscriber shall deliver at
the Closing the Omnibus Signature Page to this Agreement, which the Company shall authorize, upon the satisfaction of the conditions set forth in Section 7 hereof, to attach to an execution version of the Registration Rights Agreement and
Warrant, in substantially the form attached to the Memorandum, respectively, with such minor modifications thereto, the aggregate subscription payment for the Units. The Company shall deliver or cause to be delivered at the Closing, upon the
satisfaction of the conditions set forth in Section 8 hereof, the shares of Common Stock and Warrants underlying the Units subscribed for by the Subscriber (subject to adjustment by the Company as set forth on the signature page hereto), the
Registration Rights Agreement and the deliveries set forth in Section 7 below. 
 (e) Authority of Placement Agent.
The Subscriber agrees that the Placement Agent, J.P. Turner & Company, LLC, shall have the authority to act on behalf of the Subscriber in connection with this subscription and all matters related to the Offering including, without
limitation, collection of and delivery to the Company of the Omnibus Signature Page to this Agreement, collection and disbursement of the purchase price for the Units, and collection of and delivery to the Subscriber of the securities evidencing the
Units being purchased hereby. Furthermore, the Subscriber acknowledges that the Company intends to pay to J.P. Turner & Company, L.L.C. (in its capacity as Placement Agent for the Offering) a fee in respect of the sale of the Units to the
Subscriber from the proceeds of the Offering on substantially the same terms as described in the Memorandum. 

  
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 2. Subscriber’s Representations and Warranties. The Subscriber hereby represents
and warrants to and agrees with the Company that: 
 (a) Information on Company. The Subscriber acknowledges receipt of
the Memorandum. The Subscriber has had access at the EDGAR Website of the Commission to the Company’s Annual Report on Form 10-K for the year ended April 30, 2010, and all periodic and current reports filed with the Commission thereafter
(hereinafter referred to as the “Reports”). The Subscriber has had the opportunity to review information regarding the Company, its business, operations, financial condition and the terms and conditions of the Units and the
underlying Securities, and considered all factors Subscriber deems material in deciding on the advisability of investing in the Units and the underlying Securities. The offer to sell the Securities to the Subscriber was communicated to the
Subscriber by the Company and/or Placement Agent in such a manner that the Subscriber was able to ask questions of and received answers from the Company or a person acting on the Company’s behalf concerning the terms and conditions of this
transaction as well as to obtain any information reasonably requested by the Subscriber. Any questions raised by the Subscriber or its representatives concerning the transactions contemplated by this Agreement have been answered to the satisfaction
of the Subscriber and its representatives. The Subscriber can fend for itself, can bear the economic risk of its investment and has such knowledge and experience in financial or business matters that it is capable of evaluating the merits and risks
of the investment in the Securities. Except as set forth in this Agreement, no representations or warranties have been made to the Subscriber by the Company or any agent, employee or affiliate of the Company and in entering into this Agreement, the
Subscriber is not relying on any information, other than that which is contained in the Memorandum and the results of any independent investigation by the Subscriber. 
 (b) Information on Subscriber. The Subscriber is, and will be at the time of issuance of the Securities, an “accredited investor”, as such term is defined in Rule 501 of
Regulation D promulgated by the Commission under the 1933 Act, is experienced in investments and business matters, has made investments of a speculative nature and has purchased securities of United States publicly-owned companies in private
placements in the past and has such knowledge and experience in financial, tax and other business matters as to enable the Subscriber to utilize the information made available by the Company to evaluate the merits and risks of and to make an
informed investment decision with respect to the proposed purchase, which represents a speculative investment. The Subscriber is not a broker-dealer under Section 15 of the Exchange Act or an officer, director or affiliate of the Company. The
Subscriber had a relationship with the Company and/or Placement Agent prior to any solicitation of the Securities being offered hereby. The Subscriber has the authority and is duly and legally qualified to purchase and own the Securities. The
Subscriber is able to bear the risk of such investment for an indefinite period and to afford a complete loss thereof. The information set forth on the signature page hereto regarding the Subscriber is accurate. The information set forth in
Schedule 1 hereto is correct in all respects. The information set forth in the Selling Stockholder Questionnaire attached hereto as Schedule 2 is, and will be on the Closing Date, true, accurate and complete. 

(c) Purchase of Units. The Subscriber is acquiring the Securities in the ordinary course of its business as principal for its own
account, and not as nominee, for investment only and not with a view toward, or for resale in connection with, the public sale or any distribution thereof. The Subscriber does not have any contract, undertaking, agreement, understanding or
arrangement, directly or indirectly, with any Person to distribute, sell, transfer or pledge to such Person, or anyone else, all or any part of the Securities, and the Subscriber has no present plan to enter into any such contract, undertaking,
agreement, understanding or 

  
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arrangement. The Subscriber further agrees to execute and deliver any further investment certificates as counsel to the Company deems necessary or advisable to comply with state or federal
securities laws. 
 (d) Compliance with Securities Act. The Subscriber understands and agrees that the Securities have
not been registered under the 1933 Act or any applicable state securities laws, by reason of their issuance in a transaction that does not require registration under the 1933 Act (based on the accuracy of the representations and warranties of the
Subscriber contained herein), and that such Securities may not be sold, assigned or transferred and must be held indefinitely in the absence of (i) an effective registration statement under the Act and applicable state securities laws with
respect thereto or (ii) an opinion of counsel satisfactory to the Company that such registration is not required. The Subscriber understands that the Company is under no obligation to register the Securities except as otherwise set forth in the
Registration Rights Agreement. 
 (e) Warrant Legend. Each Warrant shall bear the following or similar legend (in
addition to such other restrictive legends as are required or deemed advisable under any applicable law or any other agreement to which the Company is a party): 
 “THE TRANSFER OF THIS SECURITY IS SUBJECT TO RESTRICTIONS CONTAINED HEREIN. THIS SECURITY HAS BEEN ISSUED IN RELIANCE UPON THE REPRESENTATION OF HOLDER THAT IT HAS BEEN ACQUIRED FOR INVESTMENT
PURPOSES AND NOT WITH A VIEW TOWARDS THE RESALE OR OTHER DISTRIBUTION THEREOF. THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS AND MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED, ASSIGNED,
HYPOTHECATED OR OTHERWISE TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER SAID ACT AND ANY APPLICABLE STATE SECURITIES LAWS, OR AN OPINION OF COUNSEL SATISFACTORY TO COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED.”

 (f) Common Stock Legend. The stock certificates for the Common Stock (including the Common Stock issuable upon
exercise of the Warrants) shall bear the following or similar legend (in addition to such other restrictive legends as are required or deemed advisable under any applicable law or any other agreement to which the Company is a party): 

“THE SECURITIES EVIDENCED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
“ACT”) OR ANY STATE SECURITIES LAWS, AND MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED, ASSIGNED, HYPOTHECATED OR OTHERWISE TRANSFERRED UNLESS (A) THERE IS AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT, AND APPLICABLE STATE
SECURITIES LAWS, 

  
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COVERING ANY SUCH TRANSACTION INVOLVING SAID SECURITIES OR (B) THE COMPANY HAS RECEIVED AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY STATING THAT SUCH TRANSACTION IS EXEMPT FROM
REGISTRATION.” 
 (g) Communication of Offer. The offer to sell the Securities was directly communicated to the
Subscriber by the Company and/or Placement Agent. At no time was the Subscriber presented with or solicited by any leaflet, advertisement, article, notice or other communication published in any newspaper, magazine, or similar media or broadcast
over television, radio or the internet, or any other form of general advertising, or solicited or invited to attend a promotional meeting or any seminar or meeting by any general solicitation or general advertising. 

(h) Authority; Enforceability. If the Subscriber is an entity, it is duly organized, validly existing and in good standing under
the laws of the jurisdiction of its organization with the requisite corporate, limited liability company or partnership power and authority to enter into and to consummate the transactions contemplated by this Agreement and otherwise to carry out
its obligations hereunder. This Agreement and other agreements delivered together with this Agreement or in connection herewith have been duly authorized, executed and delivered by the Subscriber and are valid and binding agreements enforceable in
accordance with their terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights generally and to general principles of equity;
and Subscriber has full corporate power and authority necessary to enter into this Agreement and such other agreements and to perform its obligations hereunder, thereunder and under all other agreements entered into by the Subscriber relating hereto
and thereto. 
 (i) No Governmental Review. The Subscriber understands that no United States federal or state agency or
any other governmental or state agency has passed on or made recommendations or endorsement of the Securities or the fairness or suitability of the investment in the Securities nor have such authorities passed upon or endorsed the merits of the
offering of the Securities. The Subscriber understands that neither legal counsel to the Company, the Placement Agent, nor its counsel has independently verified the information concerning the Company included in the Memorandum or herein, all of
which has been prepared by the Company, nor has such legal counsel passed upon the adequacy or accuracy of the Memorandum. No independent third party, such as an investment banking firm, the Placement Agent, or other expert in evaluating businesses
or securities, has made an evaluation of the economic potential of the Company. 
 (j) Certain Trading Activities. The
Subscriber has not directly or indirectly, nor has any Person acting at the direction of the Subscriber, engaged in any transactions in the securities of the Company (including, without limitation, any short sales involving the Company’s
securities) since the time the Subscriber was first contacted by the Company or any other Person regarding the investment in the Company. The Subscriber covenants that neither it nor any Person acting at the direction of the Subscriber will engage
in any transactions in the securities of the Company (including short sales) after the date hereof and prior to the date that the transactions contemplated by this Agreement are publicly disclosed. 

  
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 (k) Correctness of Representations. The Subscriber represents as to the Subscriber
that the foregoing representations and warranties are true and correct as of the date hereof and, unless the Subscriber otherwise notifies the Company prior to the Closing Date shall be true and correct as of the Closing Date. 

3. Intentionally Omitted. 
 4. Company Representations and Warranties. The Company represents and warrants to and agrees with the Subscriber that: 
 (a) Due Incorporation. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power to own its
properties and to carry on its business as disclosed in the Reports. The Company is duly qualified as a foreign corporation to do business and is in good standing in California. 

(b) Outstanding Stock. All issued and outstanding shares of capital stock of the Company have been duly authorized and validly
issued and are fully paid and nonassessable. 
 (c) Authority; Enforceability. This Agreement, the Warrant, and any
other agreements delivered together with this Agreement or in connection herewith (collectively “Transaction Documents”) have been duly authorized, executed and delivered by the Company and are valid and binding agreements
enforceable in accordance with their terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights generally and to general
principles of equity. The Company has full corporate power and authority necessary to enter into and deliver the Transaction Documents and to perform its obligations thereunder. 

(d) Consents. No consent, approval, authorization or order of any court, governmental agency or body or arbitrator having
jurisdiction over the Company is required for the execution by the Company of the Transaction Documents and compliance and performance by the Company of its obligations under the Transaction Documents, including, without limitation, the issuance and
sale of the Securities, other than the filing by the Company of a Notice of Sale of Securities on Form D with the Commission under Regulation D of the Securities Act, applicable Blue Sky filings, or otherwise as may be required by Nasdaq. The
Transaction Documents and the Company’s performance of its obligations thereunder have been approved by the Company’s board of directors. 
 (e) No Violation or Conflict. Neither the issuance and sale of the Securities nor the performance of the Company’s obligations under this Agreement and all other agreements entered into by the
Company relating thereto by the Company will violate, conflict with, result in a breach of, or constitute a default under (A) the certificate of incorporation or bylaws of the Company, (B) to the Company’s knowledge, any decree,
judgment, order, law, treaty or regulation applicable to the Company of any court, governmental agency or body, or arbitrator having jurisdiction over the Company, or (C) the terms of any material bond, debenture, note or other evidence of
indebtedness, agreement, stock option or other similar plan, indenture, lease, mortgage, deed of trust or other instrument to which the Company is a party or by which it 

  
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is bound, except the violation, conflict, breach, or default of which would not have a Material Adverse Effect on the Company. For purpose of this Agreement, a “Material Adverse
Effect” shall mean a material adverse effect on the financial condition, results of operations, properties or business of the Company and its Subsidiaries taken as a whole. For purposes of this Agreement,
“Subsidiary” means, with respect to any entity at any date, any corporation, limited or general partnership, limited liability company, trust, estate, association, joint venture or other business entity) of which more than
50% of (i) the outstanding capital stock having (in the absence of contingencies) ordinary voting power to elect a majority of the board of directors or other managing body of such entity, (ii) in the case of a partnership or limited
liability company, the interest in the capital or profits of such partnership or limited liability company or (iii) in the case of a trust, estate, association, joint venture or other entity, the beneficial interest in such trust, estate,
association or other entity business is, at the time of determination, owned or controlled directly or indirectly through one or more intermediaries, by such entity. 

(f) The Securities. The Common Stock and Warrants upon issuance: 

(i) will be, free and clear of any security interests, liens, claims or other encumbrances, subject to restrictions upon transfer, set
forth herein, under the 1933 Act and any applicable state securities laws; 
 (ii) have been, or will be, duly and validly
authorized, fully paid and nonassessable; 
 (iii) will not have been issued or sold in violation of any preemptive or other
similar rights of the holders of any securities of the Company; 
 (iv) will not subject the holders thereof to personal
liability by reason of being such holders; and 
 (v) will have been issued in reliance upon an exemption from the registration
requirements of and will not result in a violation of Section 5 under the 1933 Act. 
 (g) Reporting Company. The
Company is a publicly-held company subject to reporting obligations pursuant to Section 13 of the Securities Exchange Act of 1934, as amended (the “1934 Act”) and has a class of common shares registered pursuant to
Section 12(g) of the 1934 Act. Pursuant to the provisions of the 1934 Act, the Company has filed all reports and other materials required to be filed thereunder with the Commission during the preceding twelve months. 

(h) No General Solicitation. Neither the Company, nor any of its affiliates, nor to its knowledge, any person acting on its or
their behalf, has engaged in any form of general solicitation or general advertising (within the meaning of Regulation D under the 1933 Act) in connection with the offer or sale of the Securities. 

(i) Correctness of Representations. The Company represents that the foregoing representations and warranties are true and correct
as of the date hereof in all material respects and, unless the Company otherwise notifies the Subscribers prior to the Closing Date, shall be true and correct in all material respects as of the Closing Date. 

  
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 5. Escrow and Use of Purchase Price. The subscription payments made pursuant hereto
prior to the Closing of the Offering will be deposited by the Placement Agent in an escrow account at a commercial bank or trust company of the Placement Agent’s choosing and agreeable to the Company. No interest will be earned by the
Subscriber on subscription payments held in any escrow account. If for any reason the Closing of the purchase and sale of the Units does not take place, the subscription payment will be returned to the Subscriber without interest and without
deduction. Upon receipt of the Agreement and the subscription payment, and upon acceptance of the subscription by the Company, the subscription payments shall belong to the Company. If the subscription is not accepted by the Company then this
Agreement will be null and void and the subscription payment will be returned to the Subscriber without interest and without deduction. 
 6. Securities Law Disclosures. The Company may in its sole discretion, following the Closing Date, (i) issue a press release and/or file a Current Report on Form 8-K with the Commission
disclosing the transactions contemplated hereby and (ii) make such other disclosures, filings and notices in the manner and time required by the Commission, any state securities commission, any national securities exchange or Nasdaq.

 7. Conditions to Subscriber’s Obligations. The obligations of the Subscriber under Section 1(b) of this
Agreement are subject to the fulfillment at or before the Closing of each of the following conditions, any of which may be waived in writing by the Subscriber: 
 (a) Representations and Warranties. The representations and warranties of the Company contained in Section 4 shall be true and correct in all material respects on and as of the Closing with
the same effect as if made on and as of the Closing. 
 (b) Performance. The Company shall have performed or fulfilled
in all material respects all agreements, obligations and conditions contained herein required to be performed or fulfilled by the Company at or prior to the Closing. 
 (c) Regulatory Matters. None of the issuance and sale of the Securities pursuant to this Agreement or any of the transactions contemplated by any of the other Transaction Documents shall be
enjoined (temporarily or permanently) and no restraining order or other injunctive order shall have been issued in respect thereof. There shall not have been any legal action, order, decree or other administrative proceeding instituted against the
Company or against the Subscriber relating to the issuance of the Securities or the Subscriber’s activities in connection therewith or any other transactions contemplated by this Agreement or the other Transaction Documents. 

(d) Consents. The Company shall have obtained any and all consents, permits and waivers necessary or appropriate for consummation
of the transactions contemplated by the Transaction Documents. 
 (e) Legal Opinion. The Company shall cause a legal
opinion to be delivered by its counsel to the Subscriber in a form that is reasonably acceptable to the Placement Agent and counsel for the Placement Agent. 
 (f) Secretary’s Certificate. The Secretary of the Company shall deliver a certificate to the Subscriber, certifying, among other things, the number of issued and

  
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outstanding shares of capital stock of the Company and copies of resolutions or written consents duly adopted by the board of directors of the Company and evidencing the taking of all corporate
action necessary to authorize the issuance of the Units, in a form that is reasonably acceptable to the Placement Agent and counsel for the Placement Agent. 
 (g) Certificate Regarding Representations and Warranties. Each of the representations and warranties made by the Company in Section 4 shall be true and correct in all material respects on and
as of the Closing with the same force and effect as though such representations and warranties had been made on and as of the Closing; provided, however, for purposes of this Section 7(g), if any representation or warranty made by the Company
includes within its terms a materiality qualifier, such qualifier shall be disregarded solely for purposes of determining compliance with this Section 7(g); and the Subscriber shall have received a certificate dated as of the Closing executed
by the President, Chairman or Chief Financial of the Company to such effect. 
 (h) No Material Adverse Effect. There
shall not have been any Material Adverse Effect related to Company or its assets and properties since Janauary 31, 2011 (except for any Material Adverse Effect that has been publicly disclosed prior to the date hereof), and Subscriber shall have
received a certificate dated as of the Closing executed by the President, Chairman or Chief Financial of the Company to such effect. 
 8. Conditions to the Company’s Obligations. The obligations of the Company under Section 1(b) of this Agreement are subject to the fulfillment at or before the Closing of each of the
following conditions, any of which may be waived in writing by the Company: 
 (a) Representations and Warranties. The
representations and warranties of the Subscriber contained in Section 3 shall be true and correct in all material respects on and as of the Closing with the same effect as if made on and as of the Closing. 

(b) Performance. The Subscriber shall have performed or fulfilled in all material respects all agreements, obligations and
conditions contained herein required to be performed or fulfilled by the Subscriber at or prior to the Closing. 
 (c)
Subscription Payments. The Subscriber shall have delivered the aggregate subscription payment for the Units in the amount specified for the Subscriber on the signature page hereto. 

(d) Regulatory Matters. None of the issuance and sale of the Securities pursuant to this Agreement or any of the transactions
contemplated by any of the other Transaction Documents shall be enjoined (temporarily or permanently) and no restraining order or other injunctive order shall have been issued in respect thereof. There shall not have been any legal action, order,
decree or other administrative proceeding instituted against the Company or against the Subscriber relating to the issuance of the Securities or the Subscriber’s activities in connection therewith or any other transactions contemplated by this
Agreement or the other Transaction Documents. 
 (e) Consents. The Company shall have obtained any and all consents,
permits and waivers necessary or appropriate for consummation of the transactions contemplated by the Transaction Documents. 

  
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 9. Covenants of Subscriber. The Subscriber acknowledges and agrees that the Company
intends to use the information set forth in the Selling Stockholder Questionnaire in the form attached hereto as Schedule 2 in preparing the Resale Registration Statement (as defined in the Registration Rights Agreement) and hereby consents
to such use. After the Closing Date and through the date that the Resale Registration Statement is declared effective, the Subscriber agrees to promptly notify the Company of any changes to the information contained in the Selling Stockholder
Questionnaire. 
 10. Miscellaneous. 
 (a) Notices. All notices, demands, requests, consents, approvals, and other communications required or permitted hereunder shall be in writing and, unless otherwise specified herein, shall be
(i) personally served, (ii) deposited in the mail, registered or certified, return receipt requested, postage prepaid, (iii) delivered by reputable overnight courier service with charges prepaid, or (iv) transmitted by hand
delivery, electronic mail, or facsimile, addressed as set forth below or to such other address as such party shall have specified most recently by written notice. Any notice or other communication required or permitted to be given hereunder shall be
deemed effective (a) upon hand delivery or delivery by electronic mail or facsimile, with accurate confirmation generated by the transmitting facsimile machine, at the address or number designated below (if delivered on a business day during
normal business hours where such notice is to be received), (b) the first business day following such delivery (if delivered other than on a business day during normal business hours where such notice is to be received) or (c) on the
second business day following the date of mailing by express courier service, fully prepaid, addressed to such address, or upon actual receipt of such mailing, whichever shall first occur. The addresses for such communications shall be: (i) if
to the Company, to: Quantum Fuel Systems Technologies Worldwide, Inc., 17872 Cartwright Road, Irvine, CA 92614, Attn: Chief Financial Officer, telecopier: (949) 474-3086, with a copy (which shall not constitute notice) by telecopier only to:
Alston & Bird, LLP One Atlantic Center, 1201 West Peachtree Street, Atlanta, GA., 30309 Attn: David Patton, Esq., telecopier: (404) 253-8380, and (ii) if to the Subscriber, to: the address and telecopier number indicated on the
signature pages hereto. 
 (b) Entire Agreement; Assignment. This Agreement and other documents delivered in connection
herewith represent the entire agreement between the parties hereto with respect to the subject matter hereof and may be amended only by a writing executed by both parties. Neither the Company nor the Subscriber have relied on any representations not
contained or referred to in this Agreement and the documents delivered herewith. No right or obligation of the Company shall be assigned without prior notice to and the written consent of the Subscriber. 

(c) Counterparts/Execution. This Agreement may be executed in any number of counterparts and by the different signatories hereto
on separate counterparts, each of which, when so executed, shall be deemed an original, but all such counterparts shall constitute but one and the same instrument. This Agreement may be executed by facsimile signature and delivered by facsimile
transmission. 
 (d) Law Governing this Agreement. This Agreement shall be governed by and construed in accordance with
the laws of the State of California without regard to principles of conflicts of laws. Any action brought by either party against the other concerning the transactions contemplated by this Agreement shall be brought only in the state courts of

  
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California or in the federal courts located in the state of California. The parties and the individuals executing this Agreement and other agreements referred to herein or delivered in
connection herewith on behalf of the Company agree to submit to the jurisdiction of such courts. The prevailing party shall be entitled to recover from the other party its reasonable attorney’s fees and costs. In the event that any
provision of this Agreement or any other agreement delivered in connection herewith is invalid or unenforceable under any applicable statute or rule of law, then such provision shall be deemed inoperative to the extent that it may conflict therewith
and shall be deemed modified to conform with such statute or rule of law. Any such provision which may prove invalid or unenforceable under any law shall not affect the validity or enforceability of any other provision of any agreement. 

(e) Specific Enforcement, Consent to Jurisdiction. The Company and the Subscriber acknowledge and agree that irreparable damage
would occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached. It is accordingly agreed that the parties shall be entitled to an injunction or injunctions
to prevent or cure breaches of the provisions of this Agreement and to enforce specifically the terms and provisions hereof, this being in addition to any other remedy to which any of them may be entitled by law or equity. Subject to
Section 10(d) hereof, each of the Company, the Subscriber and any signatory hereto in his personal capacity hereby waives, and agrees not to assert in any such suit, action or proceeding, any claim that it is not personally subject to the
jurisdiction in California of such court, that the suit, action or proceeding is brought in an inconvenient forum or that the venue of the suit, action or proceeding is improper. Nothing in this Section shall affect or limit any right to serve
process in any other manner permitted by law. 
 (f) Independent Nature of Subscribers. The Company acknowledges
that the obligations of the Subscriber under the Transaction Documents are several and not joint with the obligations of any other Subscriber who is also purchasing Securities in the transaction (collectively, with the Subscriber, referred to as the
“Subscribers”), and none of the Subscribers shall be responsible in any way for the performance of the obligations of any of the other Subscribers under the Transaction Documents. The Company acknowledges that the decision of each of
the Subscribers to purchase Units has been made by each of such Subscribers independently of any of the other Subscribers and independently of any information, materials, statements or opinions as to the business, affairs, operations, assets,
properties, liabilities, results of operations, condition (financial or otherwise) or prospects of the Company which may have been made or given by any of the other Subscribers or by any agent or employee of any of the other Subscribers, and none of
the Subscribers or any of its agents or employees shall have any liability to any of the Subscribers (or any other person) relating to or arising from any such information, materials, statements or opinions. The Company acknowledges that
nothing contained in any Transaction Document, and no action taken by any of the Subscribers pursuant hereto or thereto shall be deemed to constitute the Subscribers as a partnership, an association, a joint venture or any other kind of entity, or
create a presumption that the Subscribers are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by the Transaction Documents. The Company acknowledges that each of the Subscribers shall
be entitled to independently protect and enforce its rights, including without limitation, the rights arising out of the Transaction Documents, and it shall not be necessary for any of the other Subscribers to be joined as an additional
party in any proceeding for such purpose. The Company acknowledges that it has elected to provide all of the Subscribers with the same terms and Transaction Documents for the convenience of the Company and not because Company was required or
requested to do so by the Subscribers. The Company acknowledges 

  
 - 11 -

 
that such procedure with respect to the Transaction Documents in no way creates a presumption that the Subscribers are in any way acting in concert or as a group with respect to the Transaction
Documents or the transactions contemplated thereby. 
 (g) Consent. As used in the Agreement, “consent of the
Subscribers” or similar language means the consent of holders of not less than a majority of the Units owned by Subscribers on the date consent is requested. 
 (h) Omnibus Signature Page. This Agreement is intended to be read and construed in connection with the Memorandum and all documents annexed thereto and incorporated by reference therein, including
the Form of Common Stock Purchase Warrant and Form of Registration Rights Agreement. Accordingly, pursuant to the terms and conditions of this Agreement it is hereby agreed that the execution by the Subscriber of this Agreement in the place set
forth herein shall constitute agreement to be bound by the terms and conditions of the Memorandum, the Warrant and the Registration Rights Agreement, with the same effect as if each such separate, but related agreement, was separately signed.

 11. Payment Instructions 
 (a) For payment by check, please make checks payable to “US Bank National Associated as Escrow Agent for Quantum Fuel Systems Technologies Worldwide, Inc.” and such check along with your
executed Subscription Agreement to J.P. Turner & Company, L.L.C., attn: Investment Banking – Joe Walker, 3060 Peachtree Rd., NW, 11th Floor, Atlanta, GA 30305. 
 (b) For wiring the funds directly to the Escrow Account please use the following instructions: 
  

					
		 	Account Name:	    	U.S. National Bank as Escrow Agent
			
		 		    	for Quantum Fuel Systems Technologies

 Worldwide, Inc. 
  

					
			
		 	ABA Number:	    	091000022
			
		 	A/C Number:	    	180121167365
			
		 	Reference:	    	SEI 148241000 / Attn: Daryl Hosch
			
		 	FBO:	    	[Subscriber Name]
			
		 		    	[Subscriber’s Social Security Number or EIN]
			
		 		    	[Subscriber’s Address]

  
 - 12 -

 OMNIBUS SIGNATURE PAGE TO SUBSCRIPTION AGREEMENT AND WARRANT 

IN WITNESS WHEREOF, the Subscriber hereby represents and warrants that the Subscriber has read this entire Agreement and the
Memorandum and all documents annexed thereto and incorporated by reference therein, including the Form of Common Stock Purchase Warrant and Form of Registration Rights Agreement, and hereby executes and delivers this Agreement as of the
    day of             , 2011. The Subscriber acknowledges that the aggregate subscription price set forth below represents the maximum investment of such Subscriber and
that such amount may reduced by the Company, at the Company’s discretion, to the extent necessary to comply with those certain participation rights granted by the Company to investors in the Company’s private placement transaction
completed on February 18, 2011. 
  

							
	 SUBSCRIBER
	  	AGGREGATE
NUMBER OF
UNITS
SUBSCRIBED	  	AGGREGATE
SUBSCRIPTION
PRICE	 
	 Name:
	  		  	$	 	  
			
	 Address:
	  		  			
			
	 Fax:
	  		  			
			
	  
	  		  			
			
	 (Signature)
	  		  			
			
	 Title:
	  		  			

 ACCEPTANCE 
 IN WITNESS WHEREOF, the Company has duly executed and delivered this Agreement as of the 1st day of July, 2011. 

 

			
	 QUANTUM FUEL SYSTEMS

TECHNOLOGIES WORLDWIDE,
 INC., a Delaware
corporation

		
	By:	 	 /s/ W. Brian Olson

	Name:	 	W. Brian Olson
	Title:	 	Chief Financial Officer

  
 - 13 -

 Schedule 1 to Subscription Agreement 

 

			
	Name:	 	  

 INVESTOR QUESTIONNAIRE 
 Purpose of this Questionnaire 
 The Units and the underlying Common
Stock and Warrants (collectively, the “Securities”) of Quantum Fuel Systems Technologies Worldwide, Inc., a Delaware corporation (the “Company”), will be offered without registration under the
Securities Act of 1933, as amended (the “Act”), or the securities laws of any state, in reliance on the exemptions contained in Section 4(2) of the Act and Regulation D promulgated thereunder and on similar exemptions
under applicable state laws. Under Section 4(2) of the Act and/or certain state securities laws, the Company may be required to determine that an individual, or an individual together with a “purchaser representative,” or each
individual equity owner of an investing entity meets certain suitability requirements before offering to sell the Securities to such individual or entity. THE COMPANY MAY, IN ITS DISCRETION, EXCLUDE ANY INDIVIDUAL FROM THE OFFERING TO THE EXTENT
NECESSARY TO COMPLY WITH APPLICABLE FEDERAL AND STATE SECURITIES LAWS. This Investor Questionnaire does not constitute an offer to sell or a solicitation of an offer to buy the Securities or any other security. 

Instructions. Please complete this questionnaire by filling in the information called for, checking the appropriate boxes, and signing below.
Please fax and mail the completed questionnaire to J.P. Turner & Company, L.L.C. 
 Representations 

The undersigned hereby represents to the Company as follows: 
 1. Accredited Investor Status. The undersigned has read the definition of “accredited investor” as defined in Rule 501 of Regulation D attached hereto as Attachment 1, and
certifies that either (check one): 
  

	 	 ̈	The undersigned is an “accredited investor;” or 

  

	 	 ̈	The undersigned is not an “accredited investor.” 

 2. Domicile/State of Organization. The undersigned’s state of domicile/organization is:
                    . 
 The foregoing
representations are true and accurate as of the date hereof. The undersigned undertakes to notify the Company regarding any material change in the information set forth above prior to the purchase by the undersigned of any Securities of the Company.

  

					
		 	Dated:	 	  

					
		
		 	                           
                                  

					
		 	Address:	 	  

		 	Signature of Subscriber(s)

  
 - 14 -

					
		 	Telephone:	 	  

					
			
		 	Facsimile:	 	  

					
			
		 	Email:	 	  

					
		
		 	                           
                                 
		 	Print Name of Subscriber(s)

					
		
		 	                           
                                 
		 	Print Title (if applicable)

  
 - 15 -

 ATTACHMENT 1 
 Rule 501. Definitions and Terms Used in Regulation D under the Act. 
 As
used in Regulation D, the term “accredited investor” shall mean any person who comes within any of the following categories, or who the issuer reasonably believes comes within any of the following categories, at the time of the sale of the
securities to that person: 
 (1) Any bank as defined in Section 3(a)(2) of the Act or any savings and loan association or
other institution as defined in Section 3(a)(5)(A) of the Act whether acting in its individual or fiduciary capacity; any broker dealer registered pursuant to Section 15 of the Securities Exchange Act of 1934; insurance company as defined
in Section 2(13) of the Act; investment company registered under the Investment Company Act of 1940 or a business development company as defined in Section 2(a)(48) of that Act; any Small Business Investment Company licensed by the U.S.
Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 1958; any plan established and maintained by a state, its political subdivisions, or any agency or instrumentality of a state or its
political subdivisions for the benefit of its employees, if such plan has total assets in excess of $5,000,000; any employee benefit plan within the meaning of Title I of the Employee Retirement Income Security Act of 1974, if the investment
decision is made by a plan fiduciary, as defined in Section 3(21) of such Act, which is either a bank, savings and loan association, insurance company, or registered investment adviser, or if the employee benefit plan has total assets in excess
of $5,000,000; or, if a self-directed plan, with investment decisions made solely by persons that are accredited investors; 

(2) Any private business development company as defined in Section 202(a)(22) of the Investment Advisers Act of 1940; 

(3) Any organization described in Section 501(c)(3) of the Internal Revenue Code, corporation, Massachusetts or similar business
trust, or partnership, not formed for the specific purpose of acquiring the securities offered, with total assets in excess of $5,000,000; 
 (4) Any director, executive officer, or general partner of the issuer of the securities being offered or sold, or any director, executive officer, or general partner of a general partner of that issuer;

 (5) Any natural person whose individual net worth, or joint net worth with that person’s spouse, at the time of his
purchase exceeds $1,000,000; 
 (6) Any natural person who had an individual income in excess of $200,000 in each of the two
most recent years or joint income with that person’s spouse in excess of $300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year; 

(7) Any trust with total assets in excess of $5,000,000, not formed for the specific purpose of acquiring the securities offered, whose
purchase is directed by a sophisticated person as described in Rule 506(b)(2)(ii); and 
 (8) Any entity in which all of the
equity owners are accredited investors. 

  
 - 16 -

 QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE, INC. 

Selling Securityholder Notice and Questionnaire 
 The undersigned beneficial owner of common stock including shares of common stock issuable upon exercise of warrants (the “Registrable Securities”) of Quantum Fuel Systems Technologies
Worldwide, Inc., a Delaware corporation (the “Company”), understands that the Company intends to file with the Securities and Exchange Commission (the “Commission”) a registration statement (the
“Registration Statement”) for the registration and resale under Rule 415 of the Securities Act of 1933, as amended (the “Securities Act”), of the Registrable Securities, in accordance with the terms of the
Registration Rights Agreement (the “Registration Rights Agreement”). A copy of the Registration Rights Agreement is available from the Company upon request at the address set forth below. All capitalized terms not otherwise defined
herein shall have the meanings ascribed thereto in the Registration Rights Agreement. 
 Certain legal consequences arise from
being named as a selling securityholder in the Registration Statement and the related prospectus. Accordingly, holders and beneficial owners of Registrable Securities are advised to consult their own securities law counsel regarding the consequences
of being named or not being named as a selling securityholder in the Registration Statement and the related prospectus. 

NOTICE 

The undersigned beneficial owner (the “Selling Securityholder”) of Registrable Securities hereby elects to include the
Registrable Securities owned by it in the Registration Statement. The undersigned hereby provides the following information to the Company and represents and warrants that such information is accurate: 

QUESTIONNAIRE 
  

	1.	Name. 

  

	 	(a)	Full Legal Name of Selling Securityholder 

  

			
		 	  

  

	 	(b)	Full Legal Name of Registered Holder (if not the same as (a) above) through which Registrable Securities are held: 

 

			
		 	  

  
 - 17 -

	 	(c)	Full Legal Name of Natural Control Person (which means a natural person who directly or indirectly alone or with others has power to vote or dispose of the securities
covered by the questionnaire): 

			
		 	  

 2. Address for Notices to Selling Securityholder: 

 
  
  

 
  

 

			
		
	 Telephone: 
	  	  

			
		
	 Fax: 
	  	  

			
		
	 Email: 
	  	  

			
		
	 Contact Person: 
	  	  

 3. Broker-Dealer Status: 
  

	 	(a)	Are you a broker-dealer? 

Yes   ̈            
No   ̈ 
  

	 	(b)	If “yes” to Section 3(a), did you receive your Registrable Securities as compensation for investment banking services to the Company.

Yes   ̈            
No   ̈ 
 Note:  If no, the Commission’s staff has indicated
that you should be identified as an underwriter in the Registration Statement. 
  

	 	(c)	Are you an affiliate of a broker-dealer? 

 Yes   ̈            No   ̈

  

	 	(d)	If you are an affiliate of a broker-dealer, do you certify that you bought the Registrable Securities in the ordinary course of business, and at the time of the
purchase of the Registrable Securities to be resold, you had no agreements or understandings, directly or indirectly, with any person to distribute the Registrable Securities? 

Yes   ̈            
No   ̈ 

  
 - 18 -

 Note:  If no, the Commission’s staff has indicated that you should be identified
as an underwriter in the Registration Statement. 
 4. Beneficial Ownership of Securities of the Company Owned by the Selling Securityholder.

 Except as set forth below in this Item 4, the undersigned is not the beneficial or registered owner of any
securities of the Company other than the securities issuable pursuant to the Subscription Agreement. 
  

	 	(a)	Type and Amount of other securities beneficially owned by the Selling Securityholder: 

 

			
		 	  

		
		 	  

 5. Relationships with the Company: 
 Except as set forth below, neither the undersigned nor any of its affiliates, officers, directors or principal equity holders (owners of 5% of more of the equity securities of the undersigned) has held
any position or office or has had any other material relationship with the Company (or its predecessors or affiliates) during the past three years. 
 State any exceptions here: 
  

			
		 	  

		
		 	  

 The undersigned agrees to promptly notify the Company of any inaccuracies or changes in the information
provided herein that may occur subsequent to the date hereof at any time while the Registration Statement remains effective. 

By signing below, the undersigned consents to the disclosure of the information contained herein in its answers to Items 1 through 5 and
the inclusion of such information in the 

  
 - 19 -

 
Resale Registration Statement and the related prospectus and any amendments or supplements thereto. The undersigned understands that such information will be relied upon by the Company in
connection with the preparation or amendment of the Registration Statement and the related prospectus. 
 IN WITNESS WHEREOF the
undersigned, by authority duly given, has caused this Notice and Questionnaire to be executed and delivered either in person or by its duly authorized agent. 
  

											
	Dated:	 	  
	 		  	Beneficial Owner:	 	  

									
					
		 		 		  	By:	  	  

		 		 		  	Name:	  	
		 		 		  	Title:	  	

 PLEASE FAX OR EMAIL A COPY OF THE COMPLETED AND EXECUTED NOTICE AND QUESTIONNAIRE, AND RETURN THE
ORIGINAL BY OVERNIGHT MAIL, TO: 
 Quantum Fuel Systems Technologies Worldwide, Inc. 

100 West Big Beaver Rd., Suite 200 
 Troy, Michigan 48084 
 Attn: Kenneth Lombardo 

Fax: (248) 619-9280 
 Email:klombardo@qtww.com 

  
 - 20 -2006 Stock Option Plan, as amended, and form of stock option agreement

 Exhibit 10.03 
 AMENDED AND RESTATED 2006 STOCK OPTION PLAN, AS AMENDED, 
 OF

 VOCERA COMMUNICATIONS, INC. 

1. Adoption and Purpose of the Plan. This stock option plan, to be known as the “Vocera Communications, Inc.
2006 Stock Option Plan” (but referred to herein as the “Plan”) has been adopted by the Board of Directors (the “Board”) of Vocera Communications, Inc., a Delaware corporation (the “Company”),
and is subject to the approval of its stockholders pursuant to Section 7 below. The purpose of this Plan is to advance the interests of the Company and its shareholders by enabling the Company and its Affiliates to attract and retain qualified
directors, officers, employees and certain independent contractors, consultants and advisors by providing them with an opportunity for investment in the Company. The options that may be granted hereunder (“Options”) represent the
right by the grantee thereof (each, including any permitted transferee pursuant to Section 6.7 below, an “Optionee”) to acquire shares of the Company’s Common Stock (“Shares” which if acquired pursuant to
the exercise of an Option will be referred to as “Option Shares”) subject to the terms and conditions of this Plan and a written agreement between the Company and the Optionee to evidence each such Option (an “Option
Agreement”). 
 2. Certain Definitions. The defined terms set forth in Exhibit A attached
hereto and incorporated herein (together with other capitalized terms defined elsewhere in this Plan) will govern the interpretation of this Plan. 
 3. Eligibility. The Company may grant Options under this Plan only to (i) persons who, at the time of such grant, are directors, officers or employees of the Company and/or any of its
Subsidiaries or Affiliates, and (ii) natural persons who, at the time of such grant, are independent contractors, consultants or advisors to the Company and/or any of its Subsidiaries or Affiliates and who perform bona fide services on
its or their behalf other than in connection with capital raising transactions (collectively, “Eligible Participants”). No person will be an Eligible Participant following his or her Termination of Eligibility Status and no Option
may be granted to any person other than an Eligible Participant. There is no limitation on the number of Options that may be granted to an Eligible Participant. 

4. Option Pool; Shares Reserved for Options. In no event (except as provided in Section 8) will the Company
issue, in the aggregate, more than 23,917,620 Shares (the “Option Pool”) pursuant to the exercise of all Options granted under this Plan, inclusive of those Option Shares that may be reacquired by the Company by repurchase or
otherwise. At all times while Options granted under this Plan are outstanding, the Company will reserve for issuance for the purposes hereof a sufficient number of authorized and unissued Shares to fully satisfy the Company’s obligations under
all such outstanding Options. 
 5. Administration. This Plan will be administered and interpreted by the
Board, or by a committee consisting of two or more members of the Board, appointed by the Board for such purpose (the Board, or such committee, referred to herein as the “Administrator”). Subject to the express terms and conditions
hereof, the Administrator is authorized to prescribe, amend and rescind rules and regulations relating to this Plan, and to make all other determinations 

  
 1 

 
necessary or advisable for its administration and interpretation. Specifically, the Administrator will have full and final authority in its discretion, subject to the specific limitations on that
discretion as are set forth herein and in the Certificate of Incorporation and Bylaws of the Company, at any time: 
 (a) to select and approve the Eligible Participants to whom Options will be granted from time to time hereunder; 

(b) to determine the Fair Market Value of the Shares as of the Grant Date for any Option that is granted
hereunder; 
 (c) with respect to each Option it decides to grant, to determine the terms and
conditions of that Option, to be set forth in the Option Agreement evidencing that Option (the form of which also being subject to approval by the Administrator), which may vary from the “default” terms and conditions set forth in
Section 6 below, except to the extent otherwise provided in this Plan, including, without limitation, as follows (provided that the Administrator may waive compliance with any of the following in any particular situation to the extent that such
limitation was based on seeking to comply with applicable securities law and adherence to same is not required to so comply, as determined by the Administrator after consultation with counsel to the Company): 

(i) the total number of Option Shares that may be acquired by the Optionee pursuant to the Option;

 (ii) if the Option satisfies the conditions under Section 422(b) of the Code, whether the
Option will be treated as an ISO to the maximum extent permissible under the Code; 
 (iii) the
per share purchase price to be paid to the Company by the Optionee to acquire the Option Shares issuable upon exercise of the Option (the “Option Price”), provided that the Option Price will not be less than 100%, unless the
Optionee is a 10% Shareholder, in which case the Option Price will not be less than 110% of such Fair Market Value in the case of ISOs; 
 (iv) the maximum period or term during which the Option will be exercisable (the “Option Term”), provided that in no event may the Option Term be longer than 10 years from the
Grant Date; 
 (v) the maximum period following any Termination of Eligibility Status, whether
resulting from an Optionee’s death, Disability or any other reason, during which period (the “Grace Period”) the Option will be exercisable, subject to Vesting and to the expiration of the Option Term, provided that in
no event may the Administrator designate a Grace Period that is shorter than six (6) months after such Termination of Eligibility Status by reason of the Optionee’s death or Disability, or thirty (30) days after such Termination of
Eligibility for any other reason, except in the event of a Termination for Cause, in which case no Grace Period will be required (i.e., the Option would terminate immediately); 

  
 2 

 (vi) whether to accept a promissory note or other form of
legal consideration in addition to cash as payment of all or a portion of the Option Price and/or Tax Withholding Liability to be paid by the Optionee upon the exercise of an Option granted hereunder; 

(vii) the conditions (e.g., the passage of time or the occurrence of events), if any, that must be
satisfied prior to the vesting of the right to exercise all or specified portions of an Option (such portions being described as the number of Option Shares, or the percentage of the total number of Option Shares that may be acquired by the Optionee
pursuant to the Option; the vested portion being referred to as a “Vested Option” and the unvested portion being referred to as an “Unvested Option”); and 

(viii) in addition, or as an alternative, to imposing conditions on the right to exercise an Option as
provided in Section 5(c)(vii) above, whether any portion of the Option Shares acquired by an Optionee upon exercise of an Option will be subject to repurchase by the Company or its assigns pursuant to Section 6.8(c) below at the Option
Price paid for such Shares or at some other price that may be less than the Fair Market Value of such Shares (such Shares, if subject to repurchase at less than Fair Market Value, being referred to as “Unvested Shares”) following a
Termination of Eligibility Status or other designated event, and the conditions (e.g., the passage of time or the occurrence of events), if any, that must be satisfied for such Shares to be no longer subject to such right of repurchase at less than
Fair Market Value (such Shares being referred to as “Vested Shares”); and 
 (d)
to delegate all or a portion of the Administrator’s authority under Sections 5(a), (b) and (c) above to one or more members of the Board who also are executive officers of the Company, subject to such restrictions and limitations as
the Administrator may decide to impose on such delegation. 
 6. Default Terms and Conditions of Option
Agreements. Unless otherwise expressly provided in an Option Agreement based on the Administrator’s determination pursuant to Section 5(c) above, the following terms and conditions will be deemed to apply to each Option as if expressly
set forth in the Option Agreement: 
 6.1 ISO. No portion of an Option will be treated as
an ISO unless treatment as an ISO is expressly provided for in an Option Agreement and such portion of the Option satisfies the conditions of Section 422(b) of the Code. 

6.2 Option Term. The Option Term will be for a period of ten (10) years beginning on the Grant
Date, except that in the case of an ISO granted to a 10% Shareholder, the Option Term will be for a period of five (5) years beginning on the Grant Date. 

6.3 Grace Periods. Following a Termination of Eligibility Status: 

(a) the Grace Period will be ninety (90) days, unless the Termination of Eligibility Status is a
result of a Termination for Cause or the death or Disability of the Optionee; 

  
 3 

 (b) the Grace Period will be twelve (12) months if the
Termination of Eligibility Status is a result of the death or Disability of the Optionee; and 

(c) the Option will terminate, and there will be no Grace Period, effective immediately as of the date and
time of a Termination for Cause of the Optionee, regardless of whether the Option is Vested or Unvested. 
 The Company will
have no obligation to inform an Optionee as to when a relevant Grace Period will terminate; it will be the responsibility of the Optionee to determine the dates of the relevant Grace Period. 

6.4 Vesting. The Option will be exercisable in whole or in part prior to the Optionee’s
Termination of Eligibility Status. The Option will be exercisable following a Termination of Eligibility Status only to purchase such portion of the Shares issuable upon exercise of the Option as would represent Vested Shares upon issuance. The
Shares issued or issuable upon exercise of the Option initially will be deemed Unvested Shares, but portions of such aggregate number of Shares issued or issuable upon exercise of the Option will become Vested Shares on the following schedule:
Twenty-five percent (25%) of the aggregate number of such Shares will become Vested Shares as of the first anniversary of the “Vesting Start Date” specified in the Option Agreement (which may be earlier but may not be later than the
Grant Date specified therein) and the balance of such Shares will become Vested Shares pro rata monthly (based on monthly anniversary dates of the day of the month of the Vesting Start Date) over the three year period immediately following such
first anniversary; provided that there will be no further vesting once the Optionee suffers a Termination of Eligibility Status and provided further that additional vesting will be suspended during any period while the Optionee is on a
leave of absence from the Company or its Subsidiaries or Affiliates, as determined by the Administrator. If at any time there are both outstanding Shares issued upon exercise of the Option and Shares not yet issued but issuable upon exercise of the
Option, then the portion of Shares constituting Vested Shares shall be allocated to the maximum extent possible to the outstanding Shares as opposed to the Shares not yet issued but issuable upon exercise of the Option. 

6.5 Exercise of the Option; Issuance of Share Certificate. 

(a) The Option may be exercised by giving written notice thereof to the Company, on such form as may be
specified by the Administrator, but in any event stating: the Optionee’s intention to exercise the Option; the date of exercise; the number of full Option Shares to be purchased (which number will be no less than one hundred (100) Shares,
without regard to adjustments to the number of Shares subject to the Option pursuant to Section 8 below, or, if less, all of the remaining Shares subject to the Option); the amount and form of payment of the Option Price; and such assurances of
the Optionee’s investment intent as the Company may require to ensure that the transaction complies in all respects with the requirements of the 1933 Act and other applicable securities laws. The notice of exercise will be signed by the person
or persons exercising the Option. In the event that the Option is being exercised by the representative of the Optionee, the notice will be accompanied by proof satisfactory to the Company of the representative’s right to exercise the Option.
The notice of exercise will be accompanied by full payment of the Option Price for the number of Option Shares to be 

  
 4 

 
purchased, in United States dollars, in cash, by check made payable to the Company, or by delivery of such other form of payment (if any) as may be approved by the Administrator in the particular
case. 
 (b) To the extent required by applicable federal, state, local or foreign law, and as a
condition to the Company’s obligation to issue any Shares upon the exercise of the Option in full or in part, the Optionee will make arrangements satisfactory to the Company for the payment of any applicable Tax Withholding Liability that may
arise by reason of or in connection with such exercise. Such arrangements may include, in the Company’s sole discretion, that the Optionee tender to the Company the amount of such Tax Withholding Liability, in cash, by check made payable to the
Company, or by delivery of such other form of payment (if any) as may be approved by the Administrator in the particular case. 
 (c) After receiving a proper notice of exercise and payment of the applicable Option Price and Tax Withholding Liability, the Company will cause to be issued a certificate or certificates for the Option
Shares as to which the Option has been exercised, registered in the name of the person rightfully exercising the Option and the Company will cause such certificate or certificates to be delivered to such person or into escrow as provided in
Section 6.8(e), below. 
 6.6 Compliance with Law. Notwithstanding any other
provision of this Plan, Options may be granted pursuant to this Plan, and Option Shares may be issued pursuant to the exercise thereof by an Optionee, only after and on the condition that there has been compliance with all applicable federal and
state securities laws. The Company will not be required to list, register or qualify any Option Shares upon any securities exchange, under any applicable state, federal or foreign law or regulation, or with the Securities and Exchange Commission or
any state agency, or secure the consent or approval of any governmental regulatory authority, except that if at any time the Board determines, in its discretion, that such listing, registration or qualification of the Option Shares, or any such
consent or approval, is necessary or desirable as a condition of or in connection with the exercise of an Option and the purchase of Option Shares thereunder, that Option may not be exercised, in whole or in part, unless and until such listing,
registration, qualification, consent or approval is effected or obtained free of any conditions that are not acceptable to the Board, in its discretion. However, the Company will seek to register or qualify with, or as may be provided by applicable
local law, file for and secure an exemption from such registration or qualification requirements from, the applicable securities administrator and other officials of each state in which an Eligible Participant would be granted an Option hereunder
prior to such grant. 
 6.7 Restrictions on Transfer. 

(a) Restrictions on Options Transferability. 

(i) No ISO will be transferable by an Optionee other than (x) by will or the laws of descent and
distribution; or (y) with the prior written consent of the Company, to a trust if the Optionee is considered the sole beneficial owner of the Option for tax purposes and under applicable law while it is held in trust. 

(ii) Except as otherwise determined by the Board, no Option that is not an ISO will be
transferable other than (x) by will or the laws of descent and distribution; (y) with the prior written consent of the Company, to a trust if the Optionee is considered the sole beneficial owner of the Option for tax purposes and under applicable
law while it is held in trust; or (z) to such further extent as permitted by Section 260.140.41(c) of Title 10 of the California Code of Regulations, except as otherwise provided in the Option Agreement therefor. 

  
 5 

 (b) Prohibited Transfers. No Holder of any Option
Shares may Transfer such Shares, or any interest therein: (i) except as expressly provided in this Plan; and (ii) other than in full compliance with all applicable securities laws and any applicable restrictions on Transfer provided in the
Company’s Certificate of Incorporation and/or Bylaws, which will be deemed incorporated by reference into this Plan. All Transfers of Option Shares not complying with the specific limitations and conditions set forth in this Section 6.7
and Section 6.8 below are expressly prohibited. Any prohibited Transfer is void and of no effect, and no purported transferee in connection therewith will be recognized as a Holder of Option Shares for any purpose whatsoever. Should such a
Transfer purport to occur, the Company may refuse to carry out the Transfer on its books, attempt to set aside the Transfer, enforce any undertakings or rights under this Plan, or exercise any other legal or equitable remedy. Without the prior
written consent of the Company, no Unvested Shares will be transferable by an Optionee other than by will or the laws of descent and distribution. 

(c) Permitted Transfers. In the case of a Permitted Transfer, the rights of first refusal and
purchase of the Company set forth in Sections 6.8(a) and 6.8(b) below will not apply to the particular Transfer constituting the Permitted Transfer. For such purposes, a “Permitted Transfer” means a Transfer by a Holder of Option
Shares that is approved in writing by the Company as a Permitted Transfer for the purposes of this Plan. 
 (d) Conditions to Transfer. It will be a condition to any Transfer (whether as a Permitted Transfer, as a Transfer referred to in Section 6.8(a)(iv) or otherwise) of any Option Shares that:

 (i) the transferee of the Shares will execute such documents as the Company may reasonably
require to ensure that the Company’s rights under this Plan, and any applicable Option Agreement, are adequately protected with respect to such Shares, including, without limitation, the transferee’s agreement to be bound by all of the
terms and conditions of this Plan (such as transfer restrictions, market standoff provisions and rights of first refusal on transfer) and such Agreement, as if he or she were the original Holder of such Shares; and 

(ii) the Company is satisfied that such Transfer complies in all respects with the requirements imposed
by applicable state and federal securities laws and regulations. 
 (e) Market Standoff.
If in connection with any public offering of securities of the Company (or any Successor Entity), the underwriter or underwriters managing such offering so requests, then each Optionee and each Holder of Option Shares will agree to not sell or
otherwise Transfer any such Shares (other than Shares if and to the extent included in such underwriting) without the prior written consent of such underwriter, for such period of time as may be requested by the underwriter commencing on the
effective date of the registration statement filed with the Securities and Exchange Commission in connection with such offering. By accepting an Option and/or Option Shares under this Plan, the Optionee will be deemed to agree to execute such
documents to further evidence such market standoff agreement as may be requested by such underwriter. 

  
 6 

 6.8 Rights of Purchase and First Refusal. The Company
will have the following rights of purchase and first refusal with respect to Option Shares: 

(a) Right of First Refusal. If any Holder proposes to Transfer any Option Shares prior to a
Qualified Initial Public Offering, other than in the case of a Permitted Transfer pursuant to Section 6.7(c) above or an Involuntary or Donative Transfer subject to Section 6.8(b) below, the Company will have an assignable right of first
refusal to purchase such Shares on the terms and conditions set out in this Section 6.8(a). If the Company (or its assignee) elects to exercise all or part of such right, it will do so with respect to any particular Transfer of Shares in the
following manner: 
 (i) Before any such Transfer, the Holder proposing to Transfer such Shares
will deliver a notice of proposed Transfer (a “Proposed Transfer Notice”) to the Company stating: the number of Option Shares that the Holder proposes to Transfer and the Holder’s bona fide intention to Transfer such
Shares; the names and addresses of the Holder, the proposed transferee and subsequently such other information regarding such transferee as the Company reasonably requests; the manner and date of such proposed Transfer; and the bona fide cash
price and/or other consideration (and the Holder’s estimate of the fair market value thereof) per share, if any, that such Transferee has offered to pay Holder for such Shares (the “Offered Price”) as well as such other terms,
including payment terms, and conditions, if any, as were included in such offer (the “Offered Terms”). 
 (ii) The Company (or its assignee) may exercise its right of first refusal under this Section 6.8(a) at any time not more than twenty (20) days after the Company has received the Proposed
Transfer Notice with respect to such Shares. If the Company (or its assignee) elects to exercise such purchase rights it will do so by delivering to the Holder of such Shares a notice of such election, specifying the number of Shares to be purchased
and a closing date that is no more than thirty (30) days after receipt of the Proposed Transfer Notice (or such later date as the transferee may have offered or on which the Transfer is otherwise scheduled to occur). 

(iii) At the closing of the sale of the Shares to the Company (or its assignee), to be held at its
principal executive offices, the Company (or its assignee) will pay the Holder of the Shares, in cash, the purchase price equal to the Offered Price (provided, however, that if any of the Shares being transferred are Unvested Shares, the
purchase price for the Unvested Shares will equal the Option Price per Share paid upon the exercise of the Option to purchase such Unvested Shares), subject to an appropriate adjustment as determined in good faith by the Company to take into account
any deferred payment terms that were included in the Offered Terms, except in the case of a Transfer of Option Shares without consideration; provided that if the Offered Price includes any non-cash consideration, the value thereof for
purposes of this Section 6.8(a) will be determined in good faith by the Board. 
 (iv) If
the Company (including its assignees) fails or refuses to exercise its rights under this Section 6.8(a) with respect to any Shares that are the subject of any Proposed Transfer Notice, then the Holder will have the right to Transfer such Shares
to the transferee named in such Notice at the Offered Price and upon such Offered Terms as were set 

  
 7 

 
forth in such Notice; provided that such Transfer must be completed within ninety (90) days after the Company has received the Proposed Transfer Notice with respect to such Shares.

 (b) Following an Involuntary or Donative Transfer. Following any Involuntary Transfer
or Donative Transfer (other than a Permitted Transfer) of Option Shares (the “Transferred Shares”) that occurs either prior to a Qualified Initial Public Offering or represents a Transfer of Unvested Shares at any time, the Company
will have the assignable right to purchase from the transferee of the Transferred Shares (“Transferee”) all or a portion of such Shares for a purchase price that is equal to the Fair Market Value of those Shares as of the date of
such Transfer (provided, however, that if any of the Shares being transferred are Unvested Shares, the purchase price for the Unvested Shares will equal the Option Price per Share paid upon the exercise of the Option to purchase such Unvested
Shares). If the Company (or its assignee) elects to exercise such right, it will do so in the following manner: 
 (i) Promptly after such Transfer, the transferor of the Transferred Shares will deliver, or will cause the Transferee to deliver, a notice (a “Completed Transfer Notice”) to the Company
stating: the number of Transferred Shares; the names and addresses of the transferor and the Transferee, and subsequently such other information regarding the Transferee as the Company reasonably requests; and the manner, circumstances and date of
such Transfer. 
 (ii) The Company (or its assignee) may exercise its purchase rights under this
Section 6.8(b) at any time not more than ninety (90) days after the Company has received the Completed Transfer Notice with respect to the Transferred Shares. If the Company (or its assignee) elects to exercise such purchase rights it will
do so by delivering to the Transferee a notice of such election, specifying the number of Transferred Shares to be purchased and a closing date that is no more than sixty (60) days after the giving of such notice. 

(iii) At such closing, to be held at the Company’s principal executive offices, the Company (or its
assignee) will pay the Transferee the purchase price specified in this Section 6.8(b). 

(c) Following a Termination of Eligibility Status. Following any Termination of Eligibility Status
of the original Holder of any Option Shares, the Company will have the assignable right (but not the obligation) to purchase from the current Holder of those Option Shares to the extent constituting Unvested Shares, all or a portion (as designated
by the Company) of such Unvested Shares for a purchase price that is equal to the Option Price per Share paid for those Shares upon the exercise of the Option. Such right will be exercisable in the following manner: 

(i) The Company (or its assignee) may exercise its right of repurchase under this Section 6.8(c) at
any time not more than ninety (90) days after the effective date of such Termination of Eligibility Status (or in the case of Shares issued upon the exercise of Options after such Termination of Eligibility Status, a period of ninety
(90) days after the date of the exercise). If the Company (or its assignee) elects to exercise such purchase rights it will do so by delivering to the Holder of such Shares a notice of such election, specifying the number of Unvested Shares to
be purchased and a closing date that is within such ninety (90) day period, 

  
 8 

 
provided that if the Holder of the Shares is not an employee of the Company or any of its Subsidiaries or Affiliates, or is an officer, director or affiliate thereof, the Option Agreement
may provide that the period during which such purchase of the Shares must take place may be longer than ninety (90) days. 
 (ii) At such closing, the Company (or its assignee) will pay the Holder of the Shares, the purchase price, as specified in this Section 6.8(c), in cash, or by cancellation of indebtedness to the
Company, if any, incurred by the original Holder of the Option Shares to purchase such Unvested Shares, or both, at a closing to be held at the Company’s principal executive offices on the date specified in such notice, provided that if
the Holder of the Shares is not an employee of the Company or any of its Subsidiaries or Affiliates, or is an officer, director or affiliate thereof, the Option Agreement may provide that the purchase price may be paid, in whole or in part, with a
promissory note from the Company (or its assignee). 
 (d) Escrow. For purposes of
facilitating the enforcement of the restrictions on Transfer, rights of first refusal and rights of repurchase set forth in this Plan or in any Option Agreement, the Administrator may, at its discretion, require the Holder of Option Shares to
deliver the certificate(s) for such Shares with a stock power executed by him or her and by his or her spouse (if required for Transfer), in blank, to the Secretary of the Company or his or her designee, to hold said certificate(s) and stock
power(s) in escrow and to take all such actions and to effectuate all such Transfers and/or releases as are in accordance with the terms of this Plan. The certificates may be held in escrow so long as the Option Shares whose ownership they evidence
are subject to any right of repurchase or first refusal under this Plan or under an Option Agreement, and will be released by the escrow holder to an Optionee (or to any permitted transferee of the Optionee) when they are no longer subject to any
transfer restrictions, right of repurchase or right of first refusal under this Plan or under the Option Agreement. Each Optionee, by exercising an Option, thereby acknowledges that the Secretary of the Company (or his or her designee) is so
appointed as the escrow holder with the foregoing authorities as a material inducement to the grant of an Option under this Plan, that the appointment is coupled with an interest, and that it accordingly will be irrevocable. The escrow holder will
not be liable to any party to an Option Agreement (or to any other party) for any actions or omissions unless the escrow holder is grossly negligent relative thereto. The escrow holder may rely upon any letter, notice or other document executed by
any signature purported to be genuine. 
 6.9 Change of Control Transactions. In the event
of a Change of Control Transaction, the Company shall endeavor to cause the Successor Entity in such transaction either to assume all of the Options which have been granted hereunder and which are outstanding as of the consummation of such
transaction (“Closing”), or to issue (or cause to be issued) in substitution thereof comparable options of such Successor Entity (or of its parent or its Subsidiary). In each case, each Option Agreement automatically will be deemed
amended to conform to any such assumption or substitution. If the Successor Entity is unwilling to either assume such Options or grant comparable options in substitution for such Options, on terms that are acceptable to the Company as determined by
the Board in the exercise of its discretion, then the Board may cancel all outstanding Options, and terminate this Plan, effective as of the Closing, provided that it will notify all Optionees of the proposed Change of Control Transaction a
reasonable amount of time prior to the Closing so that each Optionee will be given the 

  
 9 

 
opportunity to exercise his or her Option prior to the Closing, treating all shares issued upon such exercise as Vested Shares conditioned on the Closing. For purposes of this Section 6.9,
the term “Change of Control Transaction” means a Business Combination in which (x) less than fifty percent (50%) of the outstanding voting securities of the Successor Entity immediately following the Closing of the
Business Combination transaction are beneficially held by those persons and entities who beneficially held the voting securities of the Company immediately prior to such transaction as a result of or in exchange for such voting securities of the
Company held immediately prior to such transaction; or (b) an existing shareholder (including its Affiliates) that held less than 50% of the outstanding voting securities of the Company prior to such transaction succeeds to ownership of more
than 50% of the outstanding voting securities of the Company as a result of the transaction; the term “Business Combination” means a transaction or series of related transactions consummated within any period of ninety
(90) days resulting in (i) the sale of all or substantially all of the assets of the Company, or (ii) a merger or consolidation or other reorganization in which the Company or a Subsidiary is a party. 

6.10 Securities Law Matters; Investment Intent. By accepting an Option and/or Option Shares under
this Plan, the Optionee will be deemed to represent, warrant and agree that, unless a registration statement is in effect with respect to the offer and sale of Option Shares: (i) neither the Option nor any such Shares will be freely tradable
and must be held indefinitely unless such Option and such Shares are either registered under the 1933 Act or an exemption from such registration is available; (ii) the Company is under no obligation to register the Option or any such Shares;
(iii) upon exercise of the Option, the Optionee will purchase the Option Shares for his or her own account and not with a view to distribution within the meaning of the 1933 Act, other than as may be effected in compliance with the 1933 Act and
the rules and regulations promulgated thereunder; (iv) no one else will have any beneficial interest in the Option Shares; (v) the Optionee has no present intention of disposing of the Option Shares at any particular time; and
(vi) neither the Option nor the Shares have been qualified under the securities laws of any state and may only be offered and sold pursuant to an exception from qualification under applicable state securities laws. 

6.11 Stock Certificates; Legends. Certificates representing Option Shares will bear all legends
required by law and necessary or appropriate in the Administrator’s discretion to effectuate the provisions of this Plan and of the applicable Option Agreement. The Company may place a “stop transfer” order against Option Shares until
full compliance with all restrictions and conditions set forth in this Plan, in any applicable Option Agreement and in the legends referred to in this Section 6.11. 

6.12 Notices. Any notice to be given to the Company under the terms of an Option Agreement will be
addressed to the Company at its principal executive office, Attention: Corporate Secretary, or at such other address as the Company may designate in writing. Any notice to be given to an Optionee will be addressed to him or her at the address
provided to the Company by the Optionee. Any such notice will be deemed to have been duly given if and when enclosed in a properly sealed envelope, addressed as aforesaid, deposited, postage prepaid, in a post office or branch post office regularly
maintained by the local postal authority. 
 6.13 Other Provisions. Each Option Agreement
may contain such other terms, provisions and conditions, including restrictions on the Transfer of Option Shares, and rights of 

  
 10 

 
the Company to repurchase such Shares, not inconsistent with this Plan and applicable law, as may be determined by the Administrator in its sole discretion. 

6.14 Specific Performance. Under those circumstances in which the Company chooses to timely
exercise its rights to repurchase Option Shares as provided herein or in any Option Agreement, the Company will be entitled to receive such Shares in specie in order to have the same available for future issuance without dilution of the
holdings of other shareholders of the Company. By accepting Option Shares, the Holder thereof therefore acknowledges and agrees that money damages will be inadequate to compensate the Company and its shareholders if such a repurchase is not
completed as contemplated hereunder and that the Company will, in such case, be entitled to a decree of specific performance of the terms hereof or to an injunction restraining such holder (or such Holder’s personal representative) from
violating this Plan or the relevant Option Agreement, in addition to any other remedies that may be available to the Company at law or in equity. 
 7. Term of the Plan. This Plan will become effective on the date of its adoption by the Board, provided that this Plan is approved by the shareholders of the Company (excluding Option Shares
issued by the Company pursuant to the exercise of Options granted under this Plan) within 12 months before or after that date. If this Plan is not so approved by the shareholders of the Company within that 12-month period of time, any Options
granted under this Plan will be rescinded and will be void. This Plan will expire on the tenth (10th) anniversary of the date of its adoption by the Board or its approval by the shareholders of the Company, whichever is earlier, unless it is
terminated earlier pursuant to Section 11 of this Plan, after which no more Options may be granted under this Plan, although all outstanding Options granted prior to such expiration or termination will remain subject to the provisions of this
Plan, and no such expiration or termination of this Plan will result in the expiration or termination of any such Option prior to the expiration or early termination of the applicable Option Term. 

8. Adjustments Upon Changes in Stock. In the event of any change in the outstanding Shares of the Company as a
result of a stock split, reverse stock split, stock bonus or distribution, recapitalization, combination or reclassification, appropriate proportionate adjustments will be made in: (i) the aggregate number of Shares that are reserved for
issuance in the Option Pool pursuant to Section 4 above, under outstanding Options or future Options granted hereunder; (ii) the Option Price and the number of Option Shares that may be acquired under each outstanding Option granted
hereunder; and (iii) other rights and matters determined on a per share basis under this Plan or any Option Agreement evidencing an outstanding Option granted hereunder. Any such adjustments will be made only by the Board, and when so made will
be effective, conclusive and binding for all purposes with respect to this Plan and all Options then outstanding. No such adjustments will be required by reason of the issuance or sale by the Company for cash or other consideration of additional
Shares or securities convertible into or exchangeable for Shares. 
 9. Modification, Extension and Renewal
of Options. Subject to the terms and conditions and within the limitations of this Plan, the Administrator may modify, extend or renew outstanding Options granted under this Plan, or accept the surrender of outstanding Options (to the extent not
theretofore exercised) and authorize the granting of new Options in substitution therefor (to the extent not theretofore exercised). Notwithstanding the foregoing, 

  
 11 

 
however, no modification of any Option will, without the consent of the Optionee, alter or impair any rights or obligations under any outstanding Option. 

10. Governing Law; Venue. The internal laws of the State of California (irrespective of its or any other
jurisdiction’s choice of law principles) will govern the validity of this Plan, the construction of its terms and the interpretation of the rights and duties of the parties hereunder and under any Option Agreement. Subject to any obligation to
arbitrate under the terms of the relevant Option Agreement, any party may seek to enforce its rights under this Plan or any Option Agreement entered into under this Plan in any court of competent jurisdiction located within the judicial district in
which the Company has its principal place of business. 
 11. Amendment and Discontinuance. The Board may
amend, suspend or discontinue this Plan at any time or from time to time; provided that no action of the Board will, without the approval of the shareholders of the Company, materially increase (other than by reason of an adjustment pursuant
to Section 8 hereof) the maximum aggregate number of Option Shares in the Option Pool, materially increase the benefits accruing to Eligible Participants, or materially modify the category of, or eligibility requirements for persons who are
Eligible Participants. However, no such action may alter or impair any Option previously granted under this Plan without the consent of the Optionee, nor may the number of Option Shares in the Option Pool be reduced to a number that is less than the
aggregate number of Option Shares (i) that may be issued pursuant to the exercise of all outstanding and unexpired Options granted hereunder, and (ii) that have been issued and are outstanding pursuant to the exercise of Options granted
hereunder. 
 12. No Shareholder Rights. No rights or privileges of a shareholder in the Company are
conferred by reason of the granting of an Option. No Optionee will become a shareholder in the Company with respect to any Option Shares unless and until the Option has been properly exercised and the Option Price fully paid as to the portion of the
Option exercised. 
 13. Copies of Plan. A copy of this Plan will be delivered to each Optionee at or
before the time he, she or it executes an Option Agreement. 

  
 12 

 VOCERA COMMUNICATIONS, INC. 

2006 STOCK OPTION PLAN 
 EXHIBIT A 
 Definitions 

“10% Shareholder” means a person who owns, either directly or indirectly by virtue of the ownership
attribution provisions set forth in Section 424(d) of the Code at the time he or she is granted an Option, stock possessing more than ten percent (10%) of the total combined voting power or value of all classes of stock of the Company
and/or of its Subsidiaries. 
 “1933 Act” means the Securities Act of 1933, as amended.

 “Administrator” has the meaning set forth in Section 5 of the Plan. 

“Affiliate” of an entity will be all entities controlled by, controlling or under common control with
such entity. 
 “Board” has the meaning set forth in Section 1 of the Plan. 

“Business Combination” has the meaning set forth in Section 6.9 of the Plan. 

“Change of Control Transaction” has the meaning set forth in Section 6.9 of the Plan. 

“Closing” has the meaning set forth in Section 6.9 of the Plan. 

“Code” means the Internal Revenue Code of 1986, as amended (references herein to Sections of the Code
are intended to refer to Sections of the Code as enacted at the time of the Plan’s adoption by the Board and as subsequently amended, or to any substantially similar successor provisions of the Code resulting from recodification, renumbering or
otherwise). 
 “Company” has the meaning set forth in Section 1 of the Plan. 

“Completed Transfer Notice” has the meaning set forth in Section 6.8(b) of the Plan. 

“Disability” means any physical or mental disability which prevents or likely would prevent (with or
without reasonable accommodation), as determined in good faith by the Company, a relevant person from continuing to provide the essential functions of their position to the Company for a period of at least three months in aggregate in any six
consecutive months. 
 “Donative Transfer” with respect to Option Shares means any voluntary
Transfer with donative or charitable intent by a transferor other than for value or the payment of consideration to the transferor. 
 “Eligible Participants” has the meaning set forth in Section 3 of the Plan. 
 “Fair Market Value” means, with respect to the Shares and as of the date that is relevant to such a determination (e.g., on the Grant Date), the market price per share of such Shares

  
 13 

 
determined by the Administrator, consistent with the requirements of Section 422 of the Code and to the extent consistent therewith, as follows: (i) if the Shares are traded on a stock
exchange on the date in question, then the Fair Market Value will be equal to the closing price reported by the applicable composite-transactions report for such date; (ii) if the Shares are traded over-the-counter on the date in question and
are classified as a national market issue, then the Fair Market Value will be equal to the last-transaction price quoted by the NASDAQ system for such date; (iii) if the Shares are traded over-the-counter on the date in question but are not
classified as a national market issue, then the Fair Market Value will be equal to the mean between the last reported representative bid and asked prices quoted by the NASDAQ system for such date; and (iv) if none of the foregoing provisions is
applicable, then the Fair Market Value will be determined by the Administrator in good faith on such basis as it deems appropriate, taking into consideration the provisions of Section 260.140.50 of Title 10 of the California Code of
Regulations. 
 “Grace Period” has the meaning set forth in Section 5(c)(v) of the Plan.

 “Grant Date” means, with respect to an Option, the date on which the Option Agreement
evidencing that Option is entered into between the Company and the Optionee, or such other date as may be set forth in that Option Agreement as the “Grant Date” which will be the effective date of that Option Agreement. 

“Holder” means the holder of any Option Shares. 

“Involuntary Transfer” with respect to Option Shares means any of the following: (i) an assignment
of the Shares for the benefit of creditors of the transferor; (ii) a Transfer by will or under the laws of descent and distribution; (iii) a Transfer by operation of law; (iv) an execution of judgment against the Shares or the
acquisition of record or beneficial ownership of Shares by a lender or creditor; (v) a Transfer pursuant to any decree of divorce, dissolution or separate maintenance, any property settlement, any separation agreement or any other agreement
with a spouse (except for bona fide estate planning purposes) under which any Shares are Transferred or awarded to the spouse of the transferor or are required to be sold; (vi) a Transfer resulting from the filing by the transferor of a
petition for relief, or the filing of an involuntary petition against the transferor, under the bankruptcy laws of the United States or of any other nation; or (vii) a Transfer (even if volitional) constituting a pledge or the imposition of an
encumbrance. 
 “ISO” means an “incentive stock option” as defined in
Section 422 of the Code. 
 “Offered Price” has the meaning set forth in
Section 6.8(a) of the Plan. 
 “Offered Terms” has the meaning set forth in
Section 6.8(a) of the Plan. 
 “Option Agreement” has the meaning set forth in
Section 1 of the Plan. 
 “Option Pool” has the meaning set forth in Section 4 of the
Plan. 
 “Option Price” has the meaning set forth in Section 5(c)(iii) of the Plan.

  
 14 

 “Option Shares” has the meaning set forth in Section 1
of the Plan, provided that for purposes of Section 6.7 and Section 6.8 of the Plan, the term “Option Shares” includes all Shares issued by the Company to a Holder (or his, her or its predecessor) by reason of such
holdings, including any securities which may be acquired as a result of a stock split, stock dividend, and other distributions of Shares in the Company made upon, or in exchange for, other securities of the Company. 

“Option Term” has the meaning set forth in Section 5(c)(iv) of the Plan. 

“Optionee” has the meaning set forth in Section 1 of the Plan. 

“Options” has the meaning set forth in Section 1 of the Plan. 

“Permitted Transfer” has the meaning set forth in Section 6.7(c) of the Plan. 

“Plan” has the meaning set forth in Section 1 of the Plan. 

“Qualified Initial Public Offering” has the meaning given to such term in the Company’s Certificate
of Incorporation, as amended from time to time. 
 “Proposed Transfer Notice” has the meaning
set forth in Section 6.8(a) of the Plan. 
 “Shares” has the meaning set forth in
Section 1 of the Plan. 
 “Subsidiary” has the same meaning as “subsidiary
corporation” as defined in Section 424(f) of the Code. 
 “Successor Entity” means a
corporation or other entity that acquires all or substantially all of the assets of the Company, or which is the surviving or parent entity resulting from a Business Combination, as that term is defined in Section 6.9 of the Plan. 

“Tax Withholding Liability” in connection with the exercise of any Option means all federal and state
income taxes, social security tax, and any other taxes applicable to the compensation income arising from the transaction required by applicable law to be withheld by the Company. 

“Termination of Eligibility Status” means (i) in the case of any employee of the Company and/or any
of its Subsidiaries or Affiliates, a termination of his or her employment, whether by the employee or employer, and whether voluntary or involuntary, including without limitation as a result of the death or Disability of the employee, (ii) in
the case of any advisor, consultant, or independent contractor to the Company and/or any of its Subsidiaries or Affiliates, the termination of the services relationship pursuant to any agreement between the parties or otherwise, and (iii) in
the case of any director of the Company and/or any of its Subsidiaries or Affiliates, the death of or resignation by the director or his or her removal from the board in the manner provided by the certificate of incorporation, bylaws or other
organic instruments of the Company or its Subsidiary or Affiliate, or otherwise in accordance with applicable law. 

  
 15 

 “Termination for Cause” means (i) in the case of an
Optionee who is an employee of the Company and/or any of its Subsidiaries or Affiliates, a termination by the employer of the Optionee’s employment for “cause” as defined by any contract of employment with the Optionee or in the
Option Agreement, or if not defined therein, pursuant to the “For Cause Standard” set forth below, (ii) in the case of an Optionee who is an advisor, consultant or independent contractor to the Company and/or any of its Subsidiaries
or Affiliates, a termination of the services relationship by the hiring party for “cause” or breach of contract, as defined by any contract between the parties or the Option Agreement, or if not defined therein, pursuant to the “For
Cause Standard” set forth below, and (iii) in the case of an Optionee who is a director of the Company and/or any of its Subsidiaries or Affiliates, removal of him or her from the board of directors by action of the shareholders or, if
permitted by applicable law and the certificate, bylaws or other organic documents of the Company or the Subsidiary or Affiliate, as the case may be, or pursuant to applicable law, by the other directors), in connection with the good faith
determination of the board of directors (or of the Company’s or Subsidiary’s or Affiliate’s shareholders if so required, but in either case excluding the vote of the subject individual if he or she is a director or a shareholder) that
the Optionee has met the “For Cause Standard” set forth below. Each of the following is defined as meeting the “For Cause Standard”: (w) engaging in any acts which breach any fiduciary duty, employment or service
obligation or contractual obligation to the Company, any of its Subsidiaries or Affiliates or their shareholders, (x) failing to provide services to the Company in a high quality and professional manner, (y) engaging in any acts involving
dishonesty or moral turpitude, or (z) engaging in any acts that materially and adversely affect the business, affairs or reputation of the Company or any of its Subsidiaries or Affiliates. 

“Transfer” with respect to Option Shares means a voluntary or involuntary sale, assignment, transfer,
conveyance, pledge, hypothecation, encumbrance, disposal, loan, gift, attachment or levy of those Shares, including any Involuntary Transfer, Donative Transfer or transfer by will or under the laws of descent and distribution. 

“Transferee” has the meaning set forth in Section 6.8(b) of the Plan. 

“Transferred Shares” has the meaning set forth in Section 6.8(b) of the Plan. 

“Unvested Option” has the meaning set forth in Section 5(c)(vii) of the Plan. 

“Unvested Shares” has the meaning set forth in Section 5(c)(viii) of the Plan. 

“Vested Option” has the meaning set forth in Section 5(c)(vii) of the Plan. 

“Vested Shares” has the meaning set forth in Section 5(c)(viii) of the Plan. 

  
 16 

 VOCERA COMMUNICATIONS, INC. 

2006 STOCK OPTION PLAN 
 STOCK OPTION AGREEMENT 
 This Stock Option Agreement (the
“Agreement”) is made and entered into as of                     , 200     (the “Grant
Date”), by and between Vocera Communications, Inc., a Delaware corporation (the “Company”), and                     
(“Optionee”). 
 NOW, THEREFORE, the parties agree as follows: 

1. Option Grant. Subject to all of the terms and conditions of this Agreement and of the Company’s 2006 Stock
Option Plan (the “Plan”), Optionee will have an option (the “Option”) to purchase shares of the Company’s Common Stock (the “Option Shares”) on the following terms: 

 

			
	Grant #:	 	 
		
	Number of Option Shares:	 	 
		
	Option Price Per Share:	 	
$                             
                                         
                                         
                             

		
	Expiration of Option Term:	 	 Ten (10) years from the Grant Date

		
	Vesting Start Date:	 	 

 In the event of any conflict between the terms of this Agreement and/or the Plan, on the
one hand, and the Notice of Grant of Stock Options and Option Agreement attached hereto as Attachment 1 (the “Notice”), on the other hand, the terms of this Agreement and/or the Plan, as the case may be, will prevail. 

The vesting schedule for the Option will be as set forth in the Notice. In the event that no vesting schedule is set
forth in the Notice and the Notice does not provide that the Option is fully vested at issue, then the Option will be subject to vesting as set forth in Section 6.4 of the Plan. Notwithstanding anything else set forth in the Notice, there will
be no further vesting once the Optionee suffers a Termination of Eligibility Status and additional vesting will be suspended during any period while the Optionee is on a leave of absence from the Company or its Subsidiaries or Affiliates, as
determined by the Administrator. It is acknowledged and agreed that any date set for “Expiration” of the Option set forth in the Notice reflects the maximum possible Option Term, but that the Option Term may be reduced as set forth in the
Plan, and the Grace Periods for exercise of the Option as set forth in the Plan will apply to the Option. 
 The
status of whether the Option will be treated as an ISO as defined in the Plan (in all events nonemployees are not eligible to receive ISOs) is as follows (check one): 
  

	 	 ̈	 The Option will be an ISO to the maximum extent permitted under the Code. 

 

	 	 ̈	 The Option will not be an ISO. 

  
 1 

 2. Representations and Warranties of Optionee. Optionee represents
and warrants that Optionee is acquiring the Option, and will acquire any Option Shares obtained upon exercise of the Option, for investment purposes only, for Optionee’s own account, and with no view to the distribution thereof. 

3. No Employment or Independent Contractor Rights. This Agreement gives Optionee no right to be retained as an
employee of, or independent contractor to, the Company and/or its Subsidiaries or Affiliates. 
 4. Terms of
the Plan. Optionee understands that the Plan includes important terms and conditions that apply to the Option. Those terms include: important conditions to the right of Optionee to exercise the Option; important restrictions on the ability of
Optionee to transfer the Option or to Transfer any of the Option Shares received upon exercise of the Option; rights in the Company (or its assignee) to repurchase Option Shares following a Termination of Eligibility Status; and early termination of
the Option following the occurrence of certain events. OPTIONEE HAS READ THE PLAN, AGREES TO BE BOUND BY ITS TERMS, AND MAKES EACH OF THE REPRESENTATIONS REQUIRED TO BE MADE BY OPTIONEE UNDER IT. OPTIONEE FURTHER ACKNOWLEDGES THAT THE COMPANY HAS
GIVEN NO LEGAL OR TAX ADVICE CONCERNING THE OPTION AND HAS ADVISED OPTIONEE TO CONSULT WITH OPTIONEE’S OWN TAX OR FINANCIAL ADVISOR ABOUT THE TAX TREATMENT OF THE OPTION AND ITS EXERCISE. 

5. Arbitration. In the event of any dispute concerning the enforcement of this Agreement, the dispute will be
submitted to binding arbitration before a single arbitrator in accordance with the Commercial Arbitration Rules of the American Arbitration Association, provided that: (i) the arbitrator will be instructed and empowered to take whatever
steps to expedite the arbitration as he or she deems reasonable; (ii) each party will bear its own costs in connection with the arbitration, provided that the costs of the arbitrator will be borne by the party who the arbitrator
determines not to have prevailed in the matter (unless applicable law requires the Company to bear such costs in all cases, in which case the Company will bear such costs); (iii) the arbitrator’s judgment will be final and binding upon the
parties, except that it may be challenged on the grounds of fraud or gross misconduct; and (iv) the arbitration will be held in San Francisco, California. Judgment upon any verdict in arbitration may be entered in any court of competent
jurisdiction. 
 6. Miscellaneous. 

(a) Governing Law; Interpretation. This Agreement will be governed by the substantive laws of the
State of California applicable to contracts entered into and fully performed in California. The headings and captions of the Sections of this Agreement are for convenience only and in no way define, limit or extend the scope or intent of this
Agreement or any provision hereof. This Agreement will be construed as a whole, according to its fair meaning, and not in favor of or against any party, regardless of which party may have initially drafted certain provisions set forth herein.
Capitalized terms and phrases that are not otherwise defined herein will have the meanings given them in the Plan. The terms and conditions of this 

  
 2 

 
Agreement will prevail over any expressly conflicting terms and conditions in the Plan except to the extent expressly set forth in the Plan. 

(b) Assignment. This Agreement is personal to Optionee and Optionee may not assign any of
Optionee’s rights or delegate any of Optionee’s obligations hereunder without first obtaining the prior written consent of the Company, except as expressly set forth in the Plan. 

(c) Severability. In the event any provision of this Agreement or the application of any such
provision to either of the parties is held by a court of competent jurisdiction to be contrary to law, such provision will be deemed amended to the extent necessary to comply with such law, and the remaining provisions of this Agreement will remain
in full force and effect. 
 (d) Entire Agreement; Amendments. This Agreement constitutes
the final and complete expression of all of the terms of the understanding and agreement between the parties hereto with respect to the subject matter hereof, and this Agreement replaces and supersedes any and all prior or contemporaneous
negotiations, communications, understandings, obligations, commitments, agreements or contracts, whether written or oral, between the parties respecting the subject matter hereof, including, without limitation, any negotiations, understandings or
agreements with respect to participating in the equity (including options thereon) in the Company except to the extent reflected in a share certificate heretofore issued in the name of Optionee or in a fully executed written option agreement under
an established option plan with the Company. This Agreement may not be modified, amended, altered or supplemented except by means of the execution and delivery of a written instrument mutually executed by both parties. 

IN WITNESS WHEREOF, the parties have entered into this Stock Option Agreement as of the Grant Date. 

 

									
	OPTIONEE	 		 	VOCERA COMMUNICATIONS, INC.
					
	Signature:	 	 	 		 	By:	 	 
	Print Name:	 	 	 		 	Name:	 	 
	 Address:
	 	 	 		 	Its::	 	 
		 	 	 		 	Address:	 	 20600 Lazaneo Drive;
3rd Floor

		 		 		 		 	 Cupertino, Ca 95014-2277

  

			
	 Attachments:
	 	 (1) Notice of Grant of Stock Options with vesting schedule (from EquityEdge)

		 	 (2) Spousal Consent

		 	 (3) Form of Exercise Notice

		 	 (4) 2006 Stock Option Plan

  
 3 

  
  

			
	 Notice of Grant of Stock Options
 and Option Agreement
	  	Vocera Communications
	  	ID: 94-3354663
	  	525 Race Street, Ste 150
	  	San Jose, CA 95126-3495

  
  

 

					
	A Sample Employee	  	Option Number:	  	A0000000
		  	Plan:	  	2006
	United States	  	ID:	  	

  
  

Effective 8/30/2011, you have been granted a(n) Incentive Stock Option to buy 4 shares of Vocera Communications (the Company) stock at
$1.8500 per share. 
 The total option price of the shares granted is $7.40. 

Shares in each period will become fully vested on the date shown. 

 

							
	 Shares
	    	 Vest Type
	    	 Full Vest
	    	 Expiration

				
	 1
	    	On Vest Date	    	8/30/2012	    	8/30/2021
	 1
	    	On Vest Date	    	8/30/2013	    	8/30/2021
	 1
	    	On Vest Date	    	8/30/2014	    	8/30/2021
	 1
	    	On Vest Date	    	8/30/2015	    	8/30/2021

  
  

By your signature and the Company’s signature below, you and the Company agree that these options are granted under and governed by
the terms and conditions of the Company’s Stock Option Plan as amended and the Option Agreement, all of which are attached and made a part of this document. 
  

 
  

					
	  
	 		 	  

	 Vocera Communications
	 		 	 Date

			
	  
	 		 	  

	 A Sample Employee
	 		 	 Date

  

					
		  	 Date:
	 	 8/30/2011

		  	 Time:
	 	 2:46:47PM

  
 4 

 VOCERA COMMUNICATIONS, INC. 

2006 STOCK OPTION PLAN 
 CONSENT OF SPOUSE 
 I am the spouse of
                                    , who, together with
Vocera Communications, Inc. (the “Company”), has entered into the Stock Option Agreement, to which this Consent is attached. Capitalized terms not defined herein will have the meaning set forth in such agreement. 

I have read and understand the Stock Option Agreement and the Company’s 2006 Stock Option Plan (the
“Plan”). I acknowledge that, by execution hereof, I am bound by the Stock Option Agreement and the Plan, as to any and all interests I may have in the Option and the Option Shares. In particular, I understand and agree that the
Option and the Option Shares (including any interest that I may have therein) are subject to certain repurchase rights in the Company and certain restrictions on transfer. 

I agree that I will not do anything to try to prevent the operation of any part of the Stock Option Agreement or the
Plan. I acknowledge that I have had an opportunity to obtain independent counsel to advise me concerning the matters contained herein. 
  

			
	Signature:	 	 
		
	Name:	 	 
		
	Date:	 	 

 VOCERA COMMUNICATIONS, INC. 

2006 STOCK OPTION PLAN 
 NOTICE OF EXERCISE 
 Vocera Communications, Inc. (the
“Company”) 
 20600 Lazaneo Drive; Third Floor 

Cupertino, CA 95014 
 Attn: Chief Financial Officer 
 Ladies and Gentlemen: 

This constitutes notice under my Stock Option Agreement pursuant to the Vocera Communications, Inc. 2006 Stock Option
Plan (the “Plan”) of my election to purchase the number of shares set forth below: 
  

			
	Date of Stock Option Agreement:	 	 
		
	Grant #:	 	 
		
	Number of shares as to which option is exercised:	 	 
		
	Certificates to be issued in name of:	 	 
		
	Exercise price per share:	 	 
		
	Total cash exercise price, being delivered herewith:	 	
$                             
                                         
                       

		
	Date of exercise:	 	 

 By this exercise, I agree (i) to provide such additional documents as you may
require pursuant to the terms of the Plan, (ii) to provide for the payment by me to you (in the manner designated by you) of your withholding obligation, if any, relating to the exercise of this option, (iii) to abide by any transfer
restrictions set forth in the Plan and the Bylaws of the Company; and (iv) if this exercise relates to an incentive stock option, to notify you in writing within fifteen (15) days after the date of any disposition of any of the shares of
Common Stock issued upon exercise of this option that occurs within two (2) years after the date of grant of this option or within one (1) year after such shares of Common Stock are issued upon exercise of this option. 

Contemporaneously herewith, I am delivering to the Company an executed blank Stock Assignment Separate from Certificate
in the form attached hereto. 
 Very truly yours, 
  

			
		
	Signature:	 	 
		
	Name:	 	 
		
	Date:	 	 
		
	Address:	 	 
		
		 	 
	
	Social Security Number:                      
                                         
                              

 STOCK ASSIGNMENT 

SEPARATE FROM CERTIFICATE 
 FOR VALUE RECEIVED and pursuant to that certain Stock Option Agreement entered into by and between Vocera Communications, Inc. (the “Company”) and the undersigned (the “Agreement”) and
pursuant to the Company’s 2006 Stock Option Plan (the “Plan”), the undersigned hereby sells, assigns, and transfers unto
                                         
            (            ) shares of the Common Stock of the Company, standing in the undersigned’s name on the books
of the Company represented by Certificate No. C-             delivered herewith. The undersigned does hereby irrevocably constitute and appoint the Secretary of the Company, with
full power of substitution, to transfer said stock on the books of the Company. THIS ASSIGNMENT MAY ONLY BE USED AS AUTHORIZED BY THE AGREEMENT AND THE PLAN. 
  

									
	DATED:	 	
                             
                                         
                    ,
	 	 	 		 	
					
	Signature:	 	 	 	 	 		 	
					
	Name:	 	 	 	 	 		 	

 Instructions: Please sign this Stock Assignment above, but do not fill in any
blanks. 
 The purpose of this Stock Power and Assignment Separate from Certificate is to facilitate the
exercise of the Company’s rights under the Agreement and Plan.

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