Document:

Exhibit 10.2

 

AMENDED AND RESTATED

REGISTRATION AND STOCKHOLDER RIGHTS AGREEMENT

 

THIS AMENDED AND RESTATED
REGISTRATION AND STOCKHOLDER RIGHTS AGREEMENT (this “Agreement”),
dated as of June 30, 2021, is made and entered into by and among POINT Biopharma Global Inc., a Delaware corporation (the “Company”)
(formerly known as Therapeutics Acquisition Corp. (d/b/a Research Alliance Corp. I)), Therapeutics Acquisition Holdings LLC, a Delaware
limited liability company (the “Sponsor”), Daniel
Grau, Michael Gray and David Lubner (together with Mr. Grau and Mr. Gray the “Director Holders”), and certain
former stockholders of Point Biopharma Inc., a Delaware corporation (“Point”),
set forth on Schedule 1 hereto (such stockholders, the “Point Holders”,
the Sponsor and the Director Holders and any person or entity who hereafter becomes a party to this Agreement pursuant to Section 6.2
or Section 6.10 of this Agreement, the “Holders”
and each, a “Holder”).

 

RECITALS

 

WHEREAS, the Company,
the Sponsor and the Director Holders are party to that certain Registration and Stockholder Rights Agreement, dated as of July 7, 2020
(the “Original RRA”);

 

WHEREAS, the Company
has entered into that certain Business Combination Agreement, dated as of March 15, 2021 (as it may be amended, supplemented or otherwise
modified from time to time, the “Business Combination Agreement”),
by and among the Company, Bodhi Merger Sub, Inc., a Delaware corporation and a direct, wholly owned subsidiary of the Company (“Merger
Sub”), and Point, pursuant to which Merger Sub merged with and into Point (the “Merger”), with
Point continuing as the surviving corporation and becoming a direct, wholly owned subsidiary of the Company;

 

WHEREAS, on the date
hereof, pursuant to the Business Combination Agreement, the Holders received shares of the Company’s Class A common stock, par value
$0.0001 per share (the “Common Stock”);

 

WHEREAS, on the date
hereof, pursuant to the Business Combination Agreement, certain Point Holders received Rollover Options, as defined in the Business Combination
Agreement (“Equity Awards”);

 

WHEREAS, on the date
hereof, the Sponsor and certain investors (such other investors, collectively, the “Third-Party Investor Stockholders”)
purchased an aggregate of 16,500,000 shares of Common Stock (the “Investor Shares”) in a transaction exempt
from registration under the Securities Act pursuant to the respective Subscription Agreements, each dated as of March 15, 2021, entered
into by and between the Company and each of the Sponsor and such Third-Party Investor Stockholders (each, a “Subscription
Agreement” and, collectively, the “Subscription Agreements”);

 

WHEREAS, pursuant
to Section 5.5 of the Original RRA, the provisions, covenants and conditions set forth therein may be amended or modified
upon the written consent of the Company and the Holders (as defined in the Original RRA) of at least a majority in interest of the
Registrable Securities (as defined in the Original RRA) at the time in question, and the Sponsor and the Director Holders are
Holders in the aggregate of all of the Registrable Securities as of the date hereof; and

 

WHEREAS, the Company,
the Sponsor and the Director Holders desire to amend and restate the Original RRA in its entirety and enter into this Agreement, pursuant
to which the Company shall grant the Holders certain registration rights with respect to certain securities of the Company, as set forth
in this Agreement, and terminate the Original RRA.

 

     

     

    

 

NOW, THEREFORE,
in consideration of the representations, covenants and agreements contained herein, and certain other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:

 

ARTICLE
I

 

DEFINITIONS

 

1.1      Definitions.
The terms defined in this Article I shall, for all purposes of this Agreement, have the respective meanings set forth below:

 

“Additional
Holder” shall have the meaning given in Section 6.10.

 

“Additional
Holder Common Stock” shall have the meaning given in Section 6.10.

 

“Adverse
Disclosure” shall mean any public disclosure of material non-public information, which disclosure, in the good faith
judgment of the Chief Executive Officer or the Chief Financial Officer of the Company, after consultation with counsel to the Company,
(a) would be required to be made in any Registration Statement or Prospectus in order for the applicable Registration Statement or
Prospectus not to contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements contained
therein (in the case of any prospectus and any preliminary prospectus, in the light of the circumstances under which they were made) not
misleading, (b) would not be required to be made at such time if the Registration Statement were not being filed, declared effective
or used, as the case may be, and (c) the Company has a bona fide business purpose for not making such information public.

 

“Agreement”
shall have the meaning given in the Preamble hereto.

 

“Block
Trade” shall have the meaning given in Section 2.3.1.

 

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

 

“Change in Control”
means the transfer (whether by tender offer, merger, stock purchase, consolidation or other similar transaction), in one transaction or
a series of related transactions, to a person or group of affiliated persons of the Company’s voting securities if, after such transfer,
such person or group of affiliated persons would hold more than 50% of outstanding voting securities of the Company (or surviving entity)
or would otherwise have the power to control the board of directors of the Company or to direct the operations of the Company.

 

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“Closing”
shall have the meaning given in the Business Combination Agreement.

 

“Closing
Date” shall have the meaning given in the Business Combination Agreement.

 

“Commission”
shall mean the Securities and Exchange Commission.

 

“Common
Stock” shall have the meaning given in the Recitals hereto.

 

“Company”
shall have the meaning given in the Preamble hereto and includes the Company’s successors by recapitalization, merger, consolidation,
spin-off, reorganization or similar transaction.

 

“Demanding
Holder” shall have the meaning given in Section 2.1.4.

 

“Director Holders”
shall have the meaning given in the Preamble hereto.

 

“EDGAR”
shall have the meaning given in Section 3.1.3.

 

“Equity Awards”
shall have the meaning given in the Recitals hereto.

 

“Exchange
Act” shall mean the Securities Exchange Act of 1934, as it may be amended from time to time.

 

“Form
S-1 Shelf” shall have the meaning given in Section 2.1.1.

 

“Form
S-3 Shelf” shall have the meaning given in Section 2.1.1.

 

“Holder
Information” shall have the meaning given in Section 4.1.2.

 

“Holders”
shall have the meaning given in the Preamble hereto, for so long as such person or entity holds any Registrable Securities.

 

“Investor
Shares” shall have the meaning given in the Recitals hereto.

 

“Joinder”
shall have the meaning given in Section 6.10.

 

“Lock-up”
shall have the meaning given in Section 5.1.

 

“Lock-up Parties”
shall mean the Holders and their respective Permitted Transferees.

 

“Lock-up
Period” shall mean the period beginning on the Closing Date and ending on the date that is 180 days after the Closing
Date.

 

“Lock-up Shares”
shall mean the shares of Common Stock and any other equity securities convertible into or exercisable or exchangeable for shares of Common
Stock held by the Holders immediately following the Closing or shares of Common Stock issued with respect to or in exchange for Equity
Awards on or after the Closing as permitted by this Agreement (other than the Investor Shares or shares of Common Stock acquired in the
public market).

 

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“Maximum
Number of Securities” shall have the meaning given in Section 2.1.5.

 

“Business
Combination Agreement” shall have the meaning given in the Recitals hereto.

 

“Merger”
shall have the meaning given in the Recitals hereto.

 

“Merger Sub”
shall have the meaning given in the Recitals hereto.

 

“Minimum
Takedown Threshold” shall have the meaning given in Section 2.1.4.

 

“Misstatement”
shall mean an untrue statement of a material fact or an omission to state a material fact required to be stated in a Registration Statement
or Prospectus or necessary to make the statements in a Registration Statement or Prospectus (in the case of a Prospectus, in the light
of the circumstances under which they were made) not misleading.

 

“Original
RRA” shall have the meaning given in the Recitals hereto.

 

“Other Coordinated
Offering” shall have the meaning given in Section 2.3.1.

 

“Permitted
Transferees” shall mean with respect to each Holder and its Permitted Transferees, (a) prior to the expiration
of the Lock-up Period, any person or entity to whom such Holder is permitted to transfer such Registrable Securities prior to the expiration
of the Lock-up Period pursuant to Section 5.2 and (b) after the expiration of the Lock-up Period, any person or
entity to whom such Holder is permitted to transfer such Registrable Securities, subject to and in accordance with any applicable agreement
between such Holder and/or its Permitted Transferees and the Company and any transferee thereafter.

 

“Piggyback
Registration” shall have the meaning given in Section 2.2.1.

 

“Plan of Distribution”
shall have the meaning given in Section 2.1.1

 

“Prospectus”
shall mean the prospectus included in any Registration Statement, as supplemented by any and all prospectus supplements and as amended
by any and all post-effective amendments and including all material incorporated by reference in such prospectus.

 

“Registrable
Security” shall mean (a) any outstanding shares of Common Stock and any other equity security (including
shares of Common Stock issued or issuable upon the exercise or conversion of any other equity security) of the Company held by a
Holder immediately following the Closing (including any securities distributable pursuant to the Business Combination Agreement and
any Investor Shares), (b) any outstanding shares of Common Stock or any other equity security (including warrants to purchase shares
of Common Stock and shares of Common Stock issued or issuable upon the exercise or conversion of any other equity security) of the
Company acquired by a Holder following the date hereof to the extent that such securities are “restricted securities”
(as defined in Rule 144) or are otherwise held by an “affiliate” (as defined in Rule 144) of the Company, (c) any
Additional Holder Common Stock, and (d) any other equity security of the Company or any of its subsidiaries issued or issuable
with respect to any securities referenced in clause (a), (b) or (c) above by way of a stock dividend or stock split or in
connection with a recapitalization, merger, consolidation, spin-off, reorganization or similar transaction; provided, however,
that, as to any particular Registrable Security, such securities shall cease to be Registrable Securities upon the earliest to occur
of: (A) a Registration Statement with respect to the sale of such securities shall have become effective under the Securities
Act and such securities shall have been sold, transferred, disposed of or exchanged in accordance with such Registration Statement
by the applicable Holder; (B) (i) such securities shall have been otherwise transferred (other than to a Permitted Transferee),
(ii) new certificates for such securities not bearing (or book entry positions not subject to) a legend restricting further transfer
shall have been delivered by the Company and subsequent public distribution of such securities shall not require registration under
the Securities Act; (C) such securities shall have ceased to be outstanding; (D) such securities may be sold without
registration pursuant to Rule 144 or any successor rule promulgated under the Securities Act (but with no volume or manner of sale
or current public information requirement); (E) such securities have been sold without registration pursuant to Section 4(a)(1) of
the Securities Act or Rule 145 promulgated under the Securities Act or any successor rules promulgated under the Securities Act and
(F) such securities have been sold to, or through, a broker, dealer or underwriter in a public distribution or other public
securities transaction.

 

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“Registration”
shall mean a registration, including any related Shelf Takedown, effected by preparing and filing a registration statement, Prospectus
or similar document in compliance with the requirements of the Securities Act, and the applicable rules and regulations promulgated thereunder,
and such registration statement becoming effective.

 

“Registration
Expenses” shall mean the documented, out-of-pocket expenses of a Registration, including, without limitation, the
following:

 

(A)         all
registration, listing and filing fees (including fees with respect to filings required to be made with the Financial Industry Regulatory
Authority, Inc.) and any national securities exchange on which the Common Stock is then listed;

 

(B)          fees and expenses of compliance with securities or blue sky laws (including reasonable fees and disbursements of outside counsel
for the Underwriters in connection with blue sky qualifications of Registrable Securities;

 

(C)          printing,
messenger, telephone and delivery expenses;

 

(D)          fees and disbursements of counsel for the Company;

 

(E)          fees and disbursements of all independent registered public accountants of the Company and any other persons, including special
experts, retained by the Company, incurred in connection with such Registration;

 

(F)          all
expenses in connection with the preparation, printing and filing of a Registration Statement, any Prospectus and amendments and supplements
thereto and the mailing and delivering of copies thereof to any Holders, underwriters and dealers and all expenses incidental to delivery
of the Registrable Securities; and

 

(G)          in an Underwritten Offering, Block Trade or Other Coordinated Offering, reasonable fees and expenses of one (1) legal counsel selected
by the majority-in-interest of the Demanding Holders (not to exceed $75,000 without the consent of the Company).

 

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“Registration
Statement” shall mean any registration statement that covers Registrable Securities pursuant to the provisions of
this Agreement, including the Prospectus included in such registration statement, amendments (including post-effective amendments) and
supplements to such registration statement, and all exhibits to and all material incorporated by reference in such registration statement.

 

“Requesting
Holders” shall have the meaning given in Section 2.1.5.

 

“Securities
Act” shall mean the Securities Act of 1933, as amended from time to time.

 

“Shelf”
shall mean the Form S-1 Shelf, the Form S-3 Shelf or any Subsequent Shelf Registration Statement, as the case may be.

 

“Shelf
Registration” shall mean a registration of securities pursuant to a registration statement filed with the Commission
in accordance with and pursuant to Rule 415 promulgated under the Securities Act (or any successor rule then in effect).

 

“Shelf
Takedown” shall mean an Underwritten Shelf Takedown or any proposed transfer or sale using a Registration Statement,
including a Piggyback Registration.

 

“Sponsor”
shall have the meaning given in the Preamble hereto.

 

“Subscription
Agreement” shall have the meaning given in the Preamble hereto.

 

“Subsequent
Shelf Registration Statement” shall have the meaning given in Section 2.1.2.

 

“Point”
shall have the meaning given in the Preamble hereto.

 

“Point
Holders” shall have the meaning given in the Preamble hereto.

 

“Third-Party Investor
Stockholders” shall have the meaning given in the Recitals hereto.

 

“Transfer”
shall mean the (a) sale or assignment of, offer to sell, contract or agreement to sell, grant of any option to purchase or otherwise dispose
of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect
to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act with respect to, any security, (b) entry
into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any
security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement
of any intention to effect any transaction specified in clause (a) or (b).

 

“Underwriter”
shall mean a securities dealer who purchases any Registrable Securities as principal in an Underwritten Offering and not as part of such
dealer’s market-making activities.

 

“Underwritten
Offering” shall mean a Registration in which securities of the Company are sold to an Underwriter in a firm commitment
underwriting for distribution to the public.

 

“Underwritten
Shelf Takedown” shall have the meaning given in Section 2.1.4.

 

“Withdrawal
Notice” shall have the meaning given in Section 2.1.6.

 

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ARTICLE
II

 

REGISTRATIONS AND OFFERINGS

 

2.1          Shelf Registration.

 

2.1.1     Filing.
As soon as practicable but no later than thirty (30) calendar days following the Closing Date, the Company shall submit to or file
with the Commission a Registration Statement for a Shelf Registration on Form S-1 (the “Form S-1 Shelf”)
or a Registration Statement for a Shelf Registration on Form S-3 (the “Form S-3 Shelf”), if the Company is
then eligible to use a Form S-3 Shelf, in each case, covering the resale of all the Registrable Securities (determined as of two (2)
business days prior to such submission or filing) on a delayed or continuous basis and shall use its commercially reasonable efforts
to have such Shelf declared effective as soon as practicable after the filing thereof, but no later than the earlier of (a) sixty
(60) calendar days (or ninety (90) calendar days if the Commission notifies the Company that it will “review” such Shelf
Registration) following the initial filing date thereof and (b) ten (10) business days after the Company is notified (orally or in
writing, whichever is earlier) by the Commission that such Shelf Registration will not be “reviewed” or will not be
subject to further review. Such Shelf shall provide for the resale of the Registrable Securities included therein pursuant to any
method or combination of methods legally available (the “Plan of Distribution”) to, and requested by, any
Holder named therein. The Company shall maintain a Shelf in accordance with the terms hereof, and shall prepare and file with the
Commission such amendments, including post-effective amendments, and supplements as may be necessary to keep a Shelf continuously
effective, available for use to permit the Holders named therein to sell their Registrable Securities included therein and in
compliance with the provisions of the Securities Act until such time as there are no longer any Registrable Securities. In the event
the Company files a Form S-1 Shelf, the Company shall use its commercially reasonable efforts to convert the Form S-1 Shelf (and any
Subsequent Shelf Registration Statement) to a Form S-3 Shelf as soon as practicable after the Company is eligible to use a Form S-3
Shelf. The Company’s obligation under this Section 2.1.1, shall, for the avoidance of doubt, be subject to Section
3.4. The Company shall, if requested by the Holder, use its best efforts to (i) cause the removal of any restrictive legend
related to compliance with the federal securities laws set forth on the Registrable Securities, (ii) cause its legal counsel to
deliver an opinion, if necessary, to the transfer agent in connection with the instruction under subclause (i) to the effect that
removal of such legends in such circumstances may be effected in compliance under the Securities Act, and (iii) issue Registrable
Securities without any such legend in certificated or book-entry form or by electronic delivery through The Depository Trust
Company, at the Holder's option, within two (2) Business Days of such request, if (A) the Registrable Securities are registered for
resale under the Securities Act, (B) the Registrable Securities may be sold by the Holder without restriction under Rule 144,
including without limitation, any volume and manner of sale restrictions, or (C) the Holder has sold or transferred, or proposes to
sell or transfer within five (5) Business Days of such request, Registrable Securities pursuant to the Registration Statement or in
compliance with Rule 144. The Company's obligation to remove legends under this Section 2.1.1 may be conditioned upon the Holder
timely providing such representations and documentation as are reasonably necessary and customarily required in connection with the
removal of restrictive legends related to compliance with the federal securities laws.

 

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2.1.2     Subsequent
Shelf Registration. If any Shelf ceases to be effective under the Securities Act for any reason at any time while Registrable Securities
are still outstanding, the Company shall, subject to Section 3.4, use its commercially reasonable efforts to as promptly
as is reasonably practicable cause such Shelf to again become effective under the Securities Act (including using its commercially reasonable
efforts to obtain the prompt withdrawal of any order suspending the effectiveness of such Shelf), and shall use its commercially reasonable
efforts to as promptly as is reasonably practicable amend such Shelf in a manner reasonably expected to result in the withdrawal of any
order suspending the effectiveness of such Shelf or file an additional registration statement as a Shelf Registration (a “Subsequent
Shelf Registration Statement”) registering the resale of all Registrable Securities (determined as of two (2) business
days prior to such filing), and pursuant to the Plan of Distribution. If a Subsequent Shelf Registration Statement is filed, the Company
shall use its commercially reasonable efforts to (i) cause such Subsequent Shelf Registration Statement to become effective under the
Securities Act as promptly as is reasonably practicable after the filing thereof and (ii) keep such Subsequent Shelf Registration
Statement continuously effective, available for use to permit the Holders named therein to sell their Registrable Securities included
therein and in compliance with the provisions of the Securities Act until such time as there are no longer any Registrable Securities.
Any such Subsequent Shelf Registration Statement shall be on Form S-3 to the extent that the Company is eligible to use such form. Otherwise,
such Subsequent Shelf Registration Statement shall be on another appropriate form. The Company’s obligation under this Section
2.1.2, shall, for the avoidance of doubt, be subject to Section 3.4.

 

2.1.3     Additional
Registrable Securities. Subject to Section 3.4, in the event that any Holder holds Registrable Securities that are not registered
for resale on a delayed or continuous basis, the Company, upon written request of such Holder, shall promptly use its commercially reasonable
efforts to cause the resale of such Registrable Securities to be covered by either, at the Company’s option, any then available
Shelf (including by means of a post-effective amendment) or by filing a Subsequent Shelf Registration Statement and cause the same to
become effective as soon as practicable after such filing and such Shelf or Subsequent Shelf Registration Statement shall be subject
to the terms hereof; provided, however, that the Company shall only be required to cause such additional Registrable Securities
to be so covered once per calendar year for each of the Sponsor, the Director Holders and the Point Holders for an aggregate of not more
than three (3) additional registrations per calendar year.

 

2.1.4     Requests
for Underwritten Shelf Takedowns. Subject to Section 3.4, at any time and from time to time when an effective Shelf is on
file with the Commission, the Sponsor or a Point Holder (any of the Sponsor or a Point Holder being in such case, a “Demanding
Holder”) may request to sell all or any portion of its Registrable Securities in an Underwritten Offering that
is registered pursuant to the Shelf (each, an “Underwritten
Shelf Takedown”); provided that the Company shall only be obligated to effect an Underwritten Shelf
Takedown if such offering shall include Registrable Securities proposed to be sold by the Demanding Holder, either individually or
together with other Demanding Holders, with a total offering price reasonably expected to exceed, in the aggregate, at least $20
million (the “Minimum Takedown
Threshold”). All requests for Underwritten Shelf Takedowns shall be made by giving written notice to the
Company, which shall specify the approximate number of Registrable Securities proposed to be sold in the Underwritten Shelf
Takedown. Subject to Section 2.3.4, the Company shall have the right to select the Underwriters for such offering (which
shall consist of one or more reputable nationally recognized investment banks), subject to the initial Demanding Holder’s
prior approval (which shall not be unreasonably withheld, conditioned or delayed). The Sponsor and the Point Holders may each demand
not more than three (3) Underwritten Shelf Takedowns, for an aggregate of not more than six (6) Underwritten Shelf Takedowns
pursuant to this Agreement. The Company shall not be required to effect more than one (1) Underwritten Shelf Takedown during in any
six (6) month period. Notwithstanding anything to the contrary in this Agreement, the Company may effect any Underwritten Offering
pursuant to any then effective Registration Statement, including a Form S-3, that is then available for such offering.

 

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2.1.5     Reduction of Underwritten Offering. If the managing Underwriter or Underwriters in an Underwritten Shelf Takedown, in good
faith, advises the Company, the Demanding Holders and the Holders requesting piggy back rights pursuant to this Agreement with respect
to such Underwritten Shelf Takedown (the “Requesting
Holders”) (if any) in writing that the dollar amount or number of Registrable Securities that the Demanding Holders
and the Requesting Holders (if any) desire to sell, taken together with all other shares of Common Stock or other equity securities that
the Company desires to sell and all other shares of Common Stock or other equity securities, if any, that have been requested to be sold
in such Underwritten Offering pursuant to separate written contractual piggy-back registration rights held by any other stockholders,
exceeds the maximum dollar amount or maximum number of equity securities that can be sold in the Underwritten Offering without adversely
affecting the proposed offering price, the timing, the distribution method, or the probability of success of such offering (such maximum
dollar amount or maximum number of such securities, as applicable, the “Maximum
Number of Securities”), then the Company shall include in such Underwritten Offering, before including any shares
of Common Stock or other equity securities proposed to be sold by Company or by other holders of Common Stock or other equity securities,
the Registrable Securities of (i) first, the Demanding Holders that can be sold without exceeding the Maximum Number of Securities (pro
rata based on the respective number of Registrable Securities that each Demanding Holder has requested be included in such Underwritten
Shelf Takedown and the aggregate number of Registrable Securities that all of the Demanding Holders have requested be included in such
Underwritten Shelf Takedown) and (ii) second, to the extent that the Maximum Number of Securities has not been reached under the foregoing
clause (i), the Requesting Holders (if any) (pro rata based on the respective number of Registrable Securities that each Requesting
Holder (if any) has requested be included in such Underwritten Shelf Takedown and the aggregate number of Registrable Securities that
all of the Requesting Holders have requested be included in such Underwritten Shelf Takedown) that can be sold without exceeding the Maximum
Number of Securities.

 

2.1.6     Withdrawal.
Prior to the filing of the applicable “red herring” prospectus or prospectus supplement used for marketing such Underwritten
Shelf Takedown, a majority-in-interest of the Demanding Holders initiating an Underwritten Shelf Takedown shall have the right to withdraw
from such Underwritten Shelf Takedown for any or no reason whatsoever upon written notification (a “Withdrawal
Notice”) to the Company and the Underwriter or Underwriters (if any) of their intention to withdraw from such Underwritten
Shelf Takedown; provided that the Sponsor or a Point Holder may elect to have the Company continue an Underwritten Shelf Takedown
if the Minimum Takedown Threshold would still be satisfied by the Registrable Securities proposed to be sold in the Underwritten Shelf
Takedown by the Sponsor the Point Holders or any of their respective Permitted Transferees, as applicable. If withdrawn, a demand for
an Underwritten Shelf Takedown shall constitute a demand for an Underwritten Shelf Takedown by the withdrawing Demanding Holder for purposes
of Section 2.1.4, unless either (i) such Demanding Holder has not previously withdrawn any Underwritten Shelf Takedown or
(ii) such Demanding Holder reimburses the Company for all Registration Expenses with respect to such Underwritten Shelf Takedown (or,
if there is more than one Demanding Holder, a pro rata portion of such Registration Expenses based on the respective number of Registrable
Securities that each Demanding Holder has requested be included in such Underwritten Shelf Takedown); provided that, if the Sponsor,
a Director Holder or a Point Holder elects to continue an Underwritten Shelf Takedown pursuant to the proviso in the immediately preceding
sentence, such Underwritten Shelf Takedown shall instead count as an Underwritten Shelf Takedown demanded by the Sponsor, such Director
Holder or such Point Holder, as applicable, for purposes of Section 2.1.4. Following the receipt of any Withdrawal Notice,
the Company shall promptly forward such Withdrawal Notice to any other Holders that had elected to participate in such Shelf Takedown.
Notwithstanding anything to the contrary in this Agreement, the Company shall be responsible for the Registration Expenses incurred in
connection with a Shelf Takedown prior to its withdrawal under this Section 2.1.6, other than if a Demanding Holder elects
to pay such Registration Expenses pursuant to clause (ii) of the second sentence of this Section 2.1.6.

 

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2.2             
Piggyback Registration.

 

2.2.1        Piggyback
Rights. Subject to Section 2.3.3, if the Company or any Holder proposes to conduct a registered offering of, or if
the Company proposes to file a Registration Statement under the Securities Act with respect to the Registration of, equity
securities, or securities or other obligations exercisable or exchangeable for, or convertible into equity securities, for its own
account or for the account of stockholders of the Company (or by the Company and by the stockholders of the Company including,
without limitation, an Underwritten Shelf Takedown pursuant to Section 2.1), other than a Registration Statement (or any
registered offering with respect thereto) (i) filed in connection with any employee stock option or other benefit plan,
(ii) pursuant to a Registration Statement on Form S-4 (or similar form that relates to a transaction subject to Rule 145 under
the Securities Act or any successor rule thereto), (iii) for an offering of debt that is convertible into equity securities of
the Company, (iv) for a dividend reinvestment plan, (v) a Block Trade or (vi) an Other Coordinated Offering, then the Company
shall give written notice of such proposed offering to all of the Holders of Registrable Securities as soon as practicable but not
less than ten (10) days before the anticipated filing date of such Registration Statement or, in the case of an Underwritten
Offering pursuant to a Shelf Registration, the applicable “red herring” prospectus or prospectus supplement used for
marketing such offering, which notice shall (A) describe the amount and type of securities to be included in such offering, the
intended method(s) of distribution, and the name of the proposed managing Underwriter or Underwriters, if any, in such offering, and
(B) offer to all of the Holders of Registrable Securities the opportunity to include in such registered offering such number of
Registrable Securities as such Holders may request in writing within five (5) days after receipt of such written notice (such
registered offering, a “Piggyback
Registration”). Subject to Section 2.2.2, the Company shall, in good faith, cause such Registrable
Securities to be included in such Piggyback Registration and, if applicable, shall use its commercially reasonable efforts to cause
the managing Underwriter or Underwriters of such Piggyback Registration to permit the Registrable Securities requested by the
Holders pursuant to this Section 2.2.1 to be included therein on the same terms and conditions as any similar securities
of the Company included in such registered offering and to permit the sale or other disposition of such Registrable Securities in
accordance with the intended method(s) of distribution thereof. The inclusion of any Holder’s Registrable Securities in a
Piggyback Registration shall be subject to such Holder agreement to enter into an underwriting agreement in customary form with the
Underwriter(s) selected for such Underwritten Offering.

 

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2.2.2     Reduction of Piggyback Registration. If the managing Underwriter or Underwriters in an Underwritten Offering that is to
be a Piggyback Registration, in good faith, advises the Company and the Holders of Registrable Securities participating in the Piggyback
Registration in writing that the dollar amount or number of shares of Common Stock or other equity securities that the Company desires
to sell, taken together with (i) the shares of Common Stock or other equity securities, if any, as to which Registration or a registered
offering has been demanded pursuant to separate written contractual arrangements with persons or entities other than the Holders of Registrable
Securities hereunder, (ii) the Registrable Securities as to which registration has been requested pursuant to Section 2.2
hereof, and (iii) the shares of Common Stock or other equity securities, if any, as to which Registration or a registered offering has
been requested pursuant to separate written contractual piggy-back registration rights of persons or entities other than the Holders of
Registrable Securities hereunder, exceeds the Maximum Number of Securities, then:

 

(a)       if the Registration or registered offering is undertaken for the Company’s account, the Company shall include in any such
Registration or registered offering (A) first, the shares of Common Stock or other equity securities that the Company desires to
sell, which can be sold without exceeding the Maximum Number of Securities; (B) second, to the extent that the Maximum Number of Securities
has not been reached under the foregoing clause (A), the Registrable Securities of Holders exercising their rights to register their
Registrable Securities pursuant to Section 2.2.1, pro rata, based on the respective number of Registrable Securities that
each Holder has requested be included in such Underwritten Offering and the aggregate number of Registrable Securities that the Holders
have requested to be included in such Underwritten Offering, which can be sold without exceeding the Maximum Number of Securities; and
(C) third, to the extent that the Maximum Number of Securities has not been reached under the foregoing clauses (A) and (B), the
shares of Common Stock or other equity securities, if any, as to which Registration or a registered offering has been requested pursuant
to separate written contractual piggy-back registration rights of persons or entities other than the Holders of Registrable Securities
hereunder, which can be sold without exceeding the Maximum Number of Securities;

 

(b)       if
the Registration or registered offering is pursuant to a demand by persons or entities other than the Holders of Registrable
Securities, then the Company shall include in any such Registration or registered offering (A) first, the shares of Common Stock or
other equity securities, if any, of such requesting persons or entities, other than the Holders of Registrable Securities, which can
be sold without exceeding the Maximum Number of Securities; (B) second, to the extent that the Maximum Number of Securities has not
been reached under the foregoing clause (A), the Registrable Securities of Holders exercising their rights to register their
Registrable Securities pursuant to Section 2.2.1, pro rata, based on the respective number of Registrable Securities
that each Holder has requested be included in such Underwritten Offering and the aggregate number of Registrable Securities that the
Holders have requested to be included in such Underwritten Offering, which can be sold without exceeding the Maximum Number of
Securities; (C) third, to the extent that the Maximum Number of Securities has not been reached under the foregoing clauses (A)
and (B), the shares of Common Stock or other equity securities that the Company desires to sell, which can be sold without exceeding
the Maximum Number of Securities; and (D) fourth, to the extent that the Maximum Number of Securities has not been reached under the
foregoing clauses (A), (B) and (C), the shares of Common Stock or other equity securities, if any, as to which Registration or
a registered offering has been requested pursuant to separate written contractual piggy-back registration rights of persons or
entities other than the Holders of Registrable Securities hereunder, which can be sold without exceeding the Maximum Number of
Securities; and

 

(c)       if the Registration or registered offering and Underwritten Shelf Takedown is pursuant to a request by Holder(s) of Registrable
Securities pursuant to Section 2.1 hereof, then the Company shall include in any such Registration or registered offering
securities in the priority set forth in Section 2.1.5.

 

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2.2.3     Piggyback
Registration Withdrawal. Any Holder of Registrable Securities (other than a Demanding Holder, whose right to withdraw from an Underwritten
Shelf Takedown, and related obligations, shall be governed by Section 2.1.6) shall have the right to withdraw from a Piggyback
Registration for any or no reason whatsoever upon written notification to the Company and the Underwriter or Underwriters (if any) of
his, her or its intention to withdraw from such Piggyback Registration prior to the effectiveness of the Registration Statement filed
with the Commission with respect to such Piggyback Registration or, in the case of a Piggyback Registration pursuant to a Shelf Registration,
the filing of the applicable “red herring” prospectus or prospectus supplement with respect to such Piggyback Registration
used for marketing such transaction. The Company (whether on its own good faith determination or as the result of a request for withdrawal
by persons or entities pursuant to separate written contractual obligations) may withdraw a Registration Statement filed with the Commission
in connection with a Piggyback Registration (which, in no circumstance, shall include a Shelf) at any time prior to the effectiveness
of such Registration Statement. Notwithstanding anything to the contrary in this Agreement (other than Section 2.1.6), the
Company shall be responsible for the Registration Expenses incurred in connection with the Piggyback Registration prior to its withdrawal
under this Section 2.2.3.

 

2.2.4     Unlimited
Piggyback Registration Rights. For purposes of clarity, subject to Section 2.1.6, any Piggyback Registration effected
pursuant to Section 2.2 hereof shall not be counted as a demand for an Underwritten Shelf Takedown under Section 2.1.4
hereof.

 

2.3          Block Trades; Other Coordinated Offerings.

 

2.3.1     Notwithstanding
any other provision of this Article II, but subject to Section 3.4, at any time and from time to time when an
effective Shelf is on file with the Commission, if a Demanding Holder notifies the Company that such Demanding Holder wishes to
engage in (a) an underwritten registered offering not involving a “roadshow,” an offer commonly known as a “block
trade” (a “Block
Trade”), or (b) an “at the market” or similar registered offering through a broker, sales agent or
distribution agent, whether as agent or principal (an “Other Coordinated Offering”), in each case, (x)
with a total offering price reasonably expected to exceed ten million dollars ($10,000,000) in the aggregate or (y) with
respect to all remaining Registrable Securities held by the Demanding Holder, then such Demanding Holder only needs to notify
the Company of the Block Trade or Other Coordinated Offering at least five (5) business days prior to the day such offering is to
commence and the Company shall, use its reasonable best efforts to facilitate as expeditiously as possible, such Block Trade or
Other Coordinated Offering of the Registrable Securities for which such Demanding Holder has requested such offering, without giving
any effect to any required notice periods or delivery of notices to any other Holders; provided, that the Demanding Holders
representing a majority of the Registrable Securities wishing to engage in the Block Trade or Other Coordinated Offering shall use
reasonable best efforts to work with the Company and any Underwriters, brokers, sales agents or placement agents prior to making
such request in order to facilitate preparation of the registration statement, prospectus and other offering documentation related
to the Block Trade or Other Coordinated Offering. Any offering conducted as a Block Trade or Other Coordinated Offering will not
count as an Underwritten Shelf Takedown for the purposes of Section 2.1.4.

 

2.3.2     Prior to the filing of the applicable “red herring” prospectus or prospectus supplement used in connection with a Block
Trade or Other Coordinated Offering, a majority-in-interest of the Demanding Holders initiating such Block Trade or Other Coordinated
Offering shall have the right to submit a Withdrawal Notice to the Company, the Underwriter or Underwriters (if any) and any brokers,
sales agents or placement agents (if any) of their intention to withdraw from such Block Trade or Other Coordinated Offering. Notwithstanding
anything to the contrary in this Agreement, the Company shall be responsible for the Registration Expenses incurred in connection with
a Block Trade or Other Coordinated Offering prior to its withdrawal under this Section 2.3.2.

 

2.3.3     Notwithstanding anything to the contrary in this Agreement, Section 2.2 shall not apply to a Block Trade or Other Coordinated
Offering initiated by a Demanding Holder pursuant to this Agreement.

 

2.3.4     The Demanding Holder in a Block Trade or Other Coordinated Offering shall have the right to select the Underwriters and any brokers,
sales agents or placement agents (if any) for such Block Trade or Other Coordinated Offering (in each case, which shall consist of one
or more reputable nationally recognized investment banks).

 

2.3.5     A
Demanding Holder in the aggregate may demand no more than two (2) Block Trades or Other Coordinated Offerings pursuant to this Section
2.3 in any twelve (12) month period. For the avoidance of doubt, any Block Trade or Other Coordinated Offering effected pursuant
to this Section 2.3 shall not be counted as a demand for an Underwritten Shelf Takedown pursuant to Section 2.1.4 hereof.

 

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ARTICLE
III

 

COMPANY PROCEDURES

 

3.1          General Procedures. In connection with any Shelf and/or Shelf Takedown, the Company shall use its commercially reasonable
efforts to effect such Registration to permit the sale of such Registrable Securities in accordance with the intended plan of distribution
thereof, and pursuant thereto the Company shall:

 

3.1.1     prepare and file with the Commission as soon as practicable a Registration Statement with respect to such Registrable Securities
and use its commercially reasonable efforts to cause such Registration Statement to become effective and remain effective until all Registrable
Securities covered by such Registration Statement are sold in accordance with the intended plan of distribution set forth in such Registration
Statement or have ceased to be Registrable Securities;

 

3.1.2     prepare
and file with the Commission such amendments and post-effective amendments to the Registration Statement, and such supplements to the
Prospectus, as may be reasonably requested by any Holder that holds at least five percent (5%) of the Registrable Securities registered
on such Registration Statement or any Underwriter of Registrable Securities or as may be required by the rules, regulations or instructions
applicable to the registration form used by the Company or by the Securities Act or rules and regulations thereunder to keep the Registration
Statement effective until all Registrable Securities covered by such Registration Statement are sold in accordance with the intended
plan of distribution set forth in such Registration Statement or supplement to the Prospectus or have ceased to be Registrable Securities;

 

3.1.3     prior
to filing a Registration Statement or Prospectus, or any amendment or supplement thereto, furnish without charge to the Underwriters,
if any, and the Holders of Registrable Securities included in such Registration, and such Holders’ legal counsel, copies of such
Registration Statement as proposed to be filed, each amendment and supplement to such Registration Statement (in each case including
all exhibits thereto and documents incorporated by reference therein), the Prospectus included in such Registration Statement (including
each preliminary Prospectus), and such other documents as the Underwriters and the Holders of Registrable Securities included in such
Registration or the legal counsel for any such Holders may reasonably request in order to facilitate the disposition of the Registrable
Securities owned by such Holders; provided that the Company shall have no obligation to furnish any documents publicly filed or
furnished with the Commission pursuant to the Electronic Data Gathering, Analysis and Retrieval System (“EDGAR”);

 

3.1.4     prior
to any public offering of Registrable Securities, use its commercially reasonable efforts to (i) register or qualify the Registrable
Securities covered by the Registration Statement under such securities or “blue sky” laws of such jurisdictions in the United
States as the Holders of Registrable Securities included in such Registration Statement (in light of their intended plan of distribution)
may request (or provide evidence satisfactory to such Holders that the Registrable Securities are exempt from such registration or qualification)
and (ii) take such action necessary to cause such Registrable Securities covered by the Registration Statement to be registered with
or approved by such other governmental authorities as may be necessary by virtue of the business and operations of the Company and do
any and all other acts and things that may be necessary or advisable to enable the Holders of Registrable Securities included in such
Registration Statement to consummate the disposition of such Registrable Securities in such jurisdictions; provided, however,
that the Company shall not be required to qualify generally to do business in any jurisdiction where it would not otherwise be required
to qualify or take any action to which it would be subject to general service of process or taxation in any such jurisdiction where it
is not then otherwise so subject;

 

3.1.5     cause all such Registrable Securities to be listed on each national securities exchange on which similar securities issued by the
Company are then listed;

 

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3.1.6       
 provide a transfer agent or warrant agent, as applicable, and registrar for all such Registrable Securities no later than the
effective date of such Registration Statement;

 

3.1.7       
advise each seller of such Registrable Securities, promptly after it shall receive notice or obtain knowledge thereof, of the issuance
of any stop order by the Commission suspending the effectiveness of such Registration Statement or the initiation or threatening of any
proceeding for such purpose and promptly use its commercially reasonable efforts to prevent the issuance of any stop order or to obtain
its withdrawal if such stop order should be issued;

 

3.1.8       
at least five (5) days prior to the filing of any Registration Statement or Prospectus or any amendment or supplement to such Registration
Statement or Prospectus (or such shorter period of time as may be (a) necessary in order to comply with the Securities Act, the Exchange
Act, and the rules and regulations promulgated under the Securities Act or Exchange Act, as applicable or (b) advisable in order to reduce
the number of days that sales are suspended pursuant to Section 3.4), furnish a copy thereof to each seller of such Registrable
Securities or its counsel (excluding any exhibits thereto and any filing made under the Exchange Act that is to be incorporated by reference
therein);

 

3.1.9       
notify the Holders at any time when a Prospectus relating to such Registration Statement is required to be delivered under the
Securities Act, of the happening of any event as a result of which the Prospectus included in such Registration Statement, as then in
effect, includes a Misstatement, and then to correct such Misstatement as set forth in Section 3.4;

 

3.1.10   
in the event of an Underwritten Offering, a Block Trade, an Other Coordinated Offering, or sale by a broker, placement agent or
sales agent pursuant to such Registration, in each of the following cases to the extent customary for a transaction of its type, permit
a representative of the Holders, the Underwriters or other financial institutions facilitating such Underwritten Offering, Block Trade,
Other Coordinated Offering or other sale pursuant to such Registration, if any, and any attorney, consultant or accountant retained by
such Holders or Underwriter to participate, at each such person’s or entity’s own expense, in the preparation of the Registration
Statement, and cause the Company’s officers, directors and employees to supply all information reasonably requested by any such
representative, Underwriter, financial institution, attorney, consultant or accountant in connection with the Registration; provided,
however, that such representatives, Underwriters or financial institutions agree to confidentiality arrangements in form and substance
reasonably satisfactory to the Company, prior to the release or disclosure of any such information;

 

3.1.11   
obtain a “comfort” letter from the Company’s independent registered public accountants in the event of an Underwritten
Offering, a Block Trade, an Other Coordinated Offering or sale by a broker, placement agent or sales agent pursuant to such Registration
(subject to such broker, placement agent or sales agent providing such certification or representation reasonably requested by the Company’s
independent registered public accountants and the Company’s counsel) in customary form and covering such matters of the type customarily
covered by “comfort” letters for a transaction of its type as the managing Underwriter may reasonably request, and reasonably
satisfactory to a majority-in-interest of the participating Holders;

 

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3.1.12   
 in the event of an Underwritten Offering, a Block Trade, an Other Coordinated Offering or sale by a broker, placement agent or
sales agent pursuant to such Registration, on the date the Registrable Securities are delivered for sale pursuant to such Registration,
to the extent customary for a transaction of its type, obtain an opinion, dated such date, of counsel representing the Company for the
purposes of such Registration, addressed to the participating Holders, the broker, placement agents or sales agent, if any, and the Underwriters,
if any, covering such legal matters with respect to the Registration in respect of which such opinion is being given as the participating
Holders, broker, placement agent, sales agent or Underwriter may reasonably request and as are customarily included in such opinions and
negative assurance letters;

 

3.1.13   
in the event of any Underwritten Offering, a Block Trade, an Other Coordinated Offering or sale by a broker, placement agent or
sales agent pursuant to such Registration, enter into and perform its obligations under an underwriting or other purchase or sales agreement,
in usual and customary form, with the managing Underwriter or the broker, placement agent or sales agent of such offering or sale;

 

3.1.14   
make available to its security holders, as soon as reasonably practicable, an earnings statement covering the period of at least
twelve (12) months beginning with the first day of the Company’s first full calendar quarter after the effective date of the Registration
Statement which satisfies the provisions of Section 11(a) of the Securities Act and Rule 158 thereunder (or any successor rule then in
effect);

 

3.1.15   
with respect to an Underwritten Offering pursuant to Section 2.1.4, use its commercially reasonable efforts to make
available senior executives of the Company to participate in customary “road show” presentations that may be reasonably requested
by the Underwriter in such Underwritten Offering; and

 

3.1.16   
otherwise, in good faith, cooperate reasonably with, and take such customary actions as may reasonably be requested by the participating
Holders, consistent with the terms of this Agreement, in connection with such Registration.

 

Notwithstanding the foregoing, the Company shall
not be required to provide any documents or information to an Underwriter, broker, sales agent or placement agent if such Underwriter,
broker, sales agent or placement agent has not then been named with respect to the applicable Underwritten Offering or other offering
involving a registration as an Underwriter, broker, sales agent or placement agent, as applicable.

 

3.2             
Registration Expenses. The Registration Expenses of all Registrations shall be borne by the Company. It is acknowledged
by the Holders that the Holders shall bear all incremental selling expenses relating to the sale of Registrable Securities, such as Underwriters’
commissions and discounts, brokerage fees, Underwriter marketing costs and, other than as set forth in the definition of “Registration
Expenses,” all fees and expenses of any legal counsel representing the Holders.

 

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3.3              Requirements
for Participation in Registration Statement in Offerings. Notwithstanding anything in this Agreement to the contrary, if any
Holder does not provide the Company with its requested Holder Information, the Company may exclude such Holder’s Registrable
Securities from the applicable Registration Statement or Prospectus if the Company determines, based on the advice of counsel, that
it is necessary or advisable to include such information in the applicable Registration Statement or Prospectus and such Holder
continues thereafter to withhold such information. In addition, no person or entity may participate in any Underwritten Offering or
other offering for equity securities of the Company pursuant to a Registration initiated by the Company hereunder unless such person
or entity (i) agrees to sell such person’s or entity’s securities on the basis provided in any underwriting, sales,
distribution or placement arrangements approved by the Company and (ii) completes and executes all customary questionnaires,
powers of attorney, indemnities, lock-up agreements, underwriting or other agreements and other customary documents as may be
reasonably required under the terms of such underwriting, sales, distribution or placement arrangements. For the avoidance of doubt,
the exclusion of a Holder’s Registrable Securities as a result of this Section 3.3 shall not affect the
registration of the other Registrable Securities to be included in such Registration.

 

3.4             
Suspension of Sales; Adverse Disclosure; Restrictions on Registration Rights.

 

3.4.1       
Upon receipt of written notice from the Company that a Registration Statement or Prospectus contains a Misstatement, each of the
Holders shall forthwith discontinue disposition of Registrable Securities until it has received copies of a supplemented or amended Prospectus
correcting the Misstatement (it being understood that the Company hereby covenants to prepare and file such supplement or amendment as
soon as reasonably practicable after the time of such notice), or until it is advised in writing by the Company that the use of the Prospectus
may be resumed.

 

3.4.2       
Subject to Section 3.4.4, if the filing, initial effectiveness or continued use of a Registration Statement in respect
of any Registration at any time would (a) require the Company to make an Adverse Disclosure, (b) require the inclusion in such
Registration Statement of financial statements that are unavailable to the Company for reasons beyond the Company’s control, or
(c) in the good faith judgment of the majority of the Board such Registration, be seriously detrimental to the Company and the majority
of the Board concludes as a result that it is essential to defer such filing, initial effectiveness or continued use at such time, the
Company may, upon giving prompt written notice of such action to the Holders (which notice shall not specify the nature of the event giving
rise to such delay or suspension), delay the filing or initial effectiveness of, or suspend use of, such Registration Statement for the
shortest period of time determined in good faith by the Company to be necessary for such purpose. In the event the Company exercises its
rights under this Section 3.4.2, the Holders agree to suspend, immediately upon their receipt of the notice referred to above,
their use of the Prospectus relating to any Registration in connection with any sale or offer to sell Registrable Securities until such
Holder receives written notice from the Company that such sales or offers of Registrable Securities may be resumed, and in each case maintain
the confidentiality of such notice and its contents.

 

3.4.3        Subject
to Section 3.4.4, (a) during the period starting with the date sixty (60) days prior to the Company’s good
faith estimate of the date of the filing of, and ending on a date one hundred and twenty (120) days after the effective date of, a
Company-initiated Registration and provided that the Company continues to actively employ, in good faith, all commercially
reasonable efforts to maintain the effectiveness of the applicable Shelf Registration Statement, or (b) if, pursuant
to Section 2.1.4, Holders have requested an Underwritten Shelf Takedown and the Company and Holders are unable
to obtain the commitment of underwriters to firmly underwrite such offering, the Company may, upon giving prompt written notice of
such action to the Holders, delay any other registered offering pursuant to Section 2.1.4 or 2.3.

 

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3.4.4       
The right to delay or suspend any filing, initial effectiveness or continued use of a Registration Statement pursuant to Section 3.4.2
or a registered offering pursuant to Section 3.4.3 shall be exercised by the Company, in the aggregate, for not more than
ninety (90) consecutive calendar days or more than one hundred and twenty (120) total calendar days in each case, during any twelve (12)-month
period.

 

3.5             
Reporting Obligations. As long as any Holder shall own Registrable Securities, the Company, at all times while it shall
be a reporting company under the Exchange Act, covenants to file timely (or obtain extensions in respect thereof and file within the applicable
grace period) all reports required to be filed by the Company after the date hereof pursuant to Sections 13(a) or 15(d) of the Exchange
Act and to promptly furnish the Holders with true and complete copies of all such filings; provided that any documents publicly
filed or furnished with the Commission pursuant to EDGAR shall be deemed to have been furnished or delivered to the Holders pursuant to
this Section 3.5. The Company further covenants that it shall take such further action as any Holder may reasonably request,
all to the extent required from time to time to enable such Holder to sell shares of Common Stock held by such Holder without registration
under the Securities Act within the limitation of the exemptions provided by Rule 144 promulgated under the Securities Act (or any successor
rule then in effect). Upon the request of any Holder, the Company shall deliver to such Holder a written certification of a duly authorized
officer as to whether it has complied with such requirements.

 

ARTICLE
IV

 

INDEMNIFICATION AND CONTRIBUTION

 

4.1             
Indemnification.

 

4.1.1       
The Company agrees to indemnify, to the extent permitted by law, each Holder of Registrable Securities, its officers, directors
and agents and each person or entity who controls such Holder (within the meaning of the Securities Act), against all losses, claims,
damages, liabilities and out-of-pocket expenses (including, without limitation, reasonable and documented outside attorneys’ fees)
resulting from any untrue or alleged untrue statement of material fact contained in or incorporated by reference in any Registration Statement,
Prospectus or preliminary Prospectus or any amendment thereof or supplement thereto or any omission or alleged omission of a material
fact required to be stated therein or necessary to make the statements therein not misleading, except insofar as the same are caused by
or contained in any information or affidavit so furnished in writing to the Company by such Holder expressly for use therein. The Company
shall indemnify the Underwriters, their officers and directors and each person or entity to controls such Underwriters (within the meaning
of the Securities Act) to the same extent as provided in the foregoing with respect to the indemnification of the Holder.

 

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4.1.2       
 In connection with any Registration Statement in which a Holder of Registrable Securities is participating, such Holder shall
furnish (or cause to be furnished) to the Company in writing such information and affidavits as the Company reasonably requests for use
in connection with any such Registration Statement or Prospectus (the “Holder
Information”) and, to the extent permitted by law, shall indemnify the Company, its directors, officers and agents
and each person or entity who controls the Company (within the meaning of the Securities Act) against all losses, claims, damages, liabilities
and out-of-pocket expenses (including, without limitation, reasonable and documented outside attorneys’ fees) resulting from any
untrue or alleged untrue statement of material fact contained or incorporated by reference in any Registration Statement, Prospectus or
preliminary Prospectus or any amendment thereof or supplement thereto or any omission or alleged omission of a material fact required
to be stated therein or necessary to make the statements therein not misleading, but only to the extent that such untrue statement is
contained in (or not contained in, in the case of an omission) any information or affidavit so furnished in writing by or on behalf of
such Holder expressly for use therein; provided, however, that the obligation to indemnify shall be several, not joint and
several, among such Holders of Registrable Securities, and the liability of each such Holder of Registrable Securities shall be in proportion
to and limited to the net proceeds received by such Holder from the sale of Registrable Securities pursuant to such Registration Statement.

 

4.1.3       
Any person or entity entitled to indemnification herein shall (i) give prompt written notice to the indemnifying party of any claim
with respect to which it seeks indemnification (provided that the failure to give prompt notice shall not impair any person’s or
entity’s right to indemnification hereunder to the extent such failure has not materially prejudiced the indemnifying party) and
(ii) unless in such indemnified party’s reasonable judgment a conflict of interest between such indemnified and indemnifying parties
may exist with respect to such claim, permit such indemnifying party to assume the defense of such claim with counsel reasonably satisfactory
to the indemnified party. If such defense is assumed, the indemnifying party shall not be subject to any liability for any settlement
made by the indemnified party without its consent (but such consent shall not be unreasonably withheld). An indemnifying party who is
not entitled to, or elects not to, assume the defense of a claim shall not be obligated to pay the fees and expenses of more than one
counsel for all parties indemnified by such indemnifying party with respect to such claim, unless in the reasonable judgment of any indemnified
party a conflict of interest may exist between such indemnified party and any other of such indemnified parties with respect to such claim.
No indemnifying party shall, without the consent of the indemnified party, consent to the entry of any judgment or enter into any settlement
which cannot be settled in all respects by the payment of money (and such money is so paid by the indemnifying party pursuant to the terms
of such settlement) or which settlement includes a statement or admission of fault and culpability on the part of such indemnified party
or which settlement does not include as an unconditional term thereof the giving by the claimant or plaintiff to such indemnified party
of a release from all liability in respect to such claim or litigation.

 

4.1.4        The
indemnification provided for under this Agreement shall remain in full force and effect regardless of any investigation made by or
on behalf of the indemnified party or any officer, director or controlling person or entity of such indemnified party and shall
survive the transfer of securities. The Company and each Holder of Registrable Securities participating in an offering also agrees
to make such provisions as are reasonably requested by any indemnified party for contribution to such party in the event the
Company’s or such Holder’s indemnification is unavailable for any reason.

 

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4.1.5       
If the indemnification provided under Section 4.1 from the indemnifying party is unavailable or insufficient to hold
harmless an indemnified party in respect of any losses, claims, damages, liabilities and out-of-pocket expenses referred to herein, then
the indemnifying party, in lieu of indemnifying the indemnified party, shall contribute to the amount paid or payable by the indemnified
party as a result of such losses, claims, damages, liabilities and out-of-pocket expenses in such proportion as is appropriate to reflect
the relative fault of the indemnifying party and the indemnified party, as well as any other relevant equitable considerations. The relative
fault of the indemnifying party and indemnified party shall be determined by reference to, among other things, whether any action in question,
including any untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material fact, was made
by (or not made by, in the case of an omission), or relates to information supplied by (or not supplied by in the case of an omission),
such indemnifying party or indemnified party, and the indemnifying party’s and indemnified party’s relative intent, knowledge,
access to information and opportunity to correct or prevent such action; provided, however, that the liability of any Holder
under this Section 4.1.5 shall be limited to the amount of the net proceeds received by such Holder in such offering giving
rise to such liability. The amount paid or payable by a party as a result of the losses or other liabilities referred to above shall be
deemed to include, subject to the limitations set forth in Sections 4.1.1, 4.1.2 and 4.1.3 above, any legal
or other fees, charges or out-of-pocket expenses reasonably incurred by such party in connection with any investigation or proceeding.
The parties hereto agree that it would not be just and equitable if contribution pursuant to this Section 4.1.5 were determined
by pro rata allocation or by any other method of allocation, which does not take account of the equitable considerations referred to in
this Section 4.1.5. No person or entity guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the
Securities Act) shall be entitled to contribution pursuant to this Section 4.1.5 from any person or entity who was not guilty
of such fraudulent misrepresentation.

 

ARTICLE
V

 

LOCK-UP

 

5.1              Lock-up.
Subject to Section 5.2, each Lock-up Party agrees that it shall not Transfer any Lock-up Shares prior to the end of the
Lock-up Period (the “Lock-up”). Notwithstanding the foregoing, The provisions of Section 5.1 shall
not apply to: (a) transactions relating to shares of Common Stock acquired in open market transactions; (b) Transfers of shares of
Common Stock or any security convertible into or exercisable or exchangeable for Common Stock as a bona fide gift or charitable
contribution; (c) Transfers of shares of Common Stock to a trust, or other entity formed for estate planning purposes for the
primary benefit of the spouse, domestic partner, parent, sibling, child or grandchild of the undersigned or any other person with
whom the undersigned has a relationship by blood, marriage or adoption not more remote than first cousin; (d) Transfers by will or
intestate succession upon the death of the undersigned; (e) the Transfer of shares of Common Stock pursuant to a qualified domestic
order, court order or in connection with a divorce settlement; (f) if the Lock-up Party is a corporation, partnership (whether
general, limited or otherwise), limited liability company, trust or other business entity, (i) Transfers to another corporation,
partnership, limited liability company, trust or other business entity that controls, is controlled by or is under common control or
management with the Lock-up Party, or (ii) distributions of shares of Common Stock to partners, limited liability company members or
stockholders of the Lock-up Party, including, for the avoidance of doubt, where the Lock-up Party is a partnership, to its general
partner or a successor partnership or fund, or any other funds managed by such partnership; (g) if the Holder is a trust, Transfers
to a trustor or beneficiary of the trust or to the estate of a beneficiary of such trust; (h) Transfers to the Company’s
officers, directors or their affiliates; (i) Transfers to a nominee or custodian of a person or entity to whom a disposition or
Transfer would be permissible under Sections 5.1(a) through 5.2(h); (j) pledges of shares of Common Stock or other Registrable
Securities as security or collateral in connection with any borrowing or the incurrence of any indebtedness by any Lock-up Party;
provided, however, that such borrowing or incurrence of indebtedness is secured by a portfolio of assets or equity interests issued
by multiple issuers; (k) Transfers pursuant to a bona fide third-party tender offer, merger, stock sale, recapitalization,
consolidation or other transaction involving a Change in Control of the Company; provided, however, that in the event that such
tender offer, merger, recapitalization, consolidation or other such transaction is not completed, the Common Stock subject to this
Agreement shall remain subject to this Agreement; (l) the establishment of a trading plan pursuant to Rule 10b5-1 promulgated under
the Exchange Act; provided, however, that such plan does not provide for the Transfer of Common Stock or any securities convertible
into or exercisable or exchangeable for Common Stock during the Lock-Up Period; (m) Transfers of shares of Common Stock to the
Company in connection with the repurchase of the undersigned’s shares in connection with the termination of the
undersigned’s employment with the Company pursuant to contractual agreements with the Company; (n) Transfers of shares of
Common Stock to satisfy tax withholding obligations in connection with the exercise of options to purchase shares of Common Stock or
the vesting of stock-based awards; (o) Transfers of shares of Common Stock in payment on a “net exercise” or
 “cashless” basis of the exercise or purchase price with respect to the exercise of options to purchase shares of Common
Stock; (p) Transfers to the Company through the exercise of a stock option granted under a stock incentive plan or stock purchase
plan or a warrant, and the receipt by the Lock-up Holder from the Company of shares of Common Stock upon any such exercise, insofar
as such option or warrant expires during the Lock-Up Period; provided that the underlying shares shall continue to be subject to the
restrictions on transfer set forth in this Agreement; provided, however, that in the case of any Transfer pursuant to Sections
5.2(b) through 5.2(i), each donee, distribute, pledgee or other transferee shall agree in writing, in form and substance reasonably
satisfactory to the Company, to be bound by the provisions of this Agreement.

 

    19

     

    

 

5.2              Permitted
Transferees. Notwithstanding the provisions set forth in Section 5.1, each Lock-up Party may Transfer the Lock-up Shares
during the Lock-up Period (a) to (i) the Company’s officers or directors, (ii) any affiliates or family members of the
Company’s officers or directors, (iii) any direct or indirect partners, members or equity holders of such Lock-up Party, or
any related investment funds or vehicles controlled or managed by such persons or entities or their respective affiliates, or (iv)
any other Lock-up Party or any direct or indirect partners, members or equity holders of such other Lock-up Party, any affiliates of
such other Lock-up Party or any related investment funds or vehicles controlled or managed by such persons or entities or their
respective affiliates, (b) in the case of an individual, by gift to a member of the individual’s immediate family or to a
trust, the beneficiary of which is a member of the individual’s immediate family or an affiliate of such person or entity, or
to a charitable organization, (c) in the case of an individual, by virtue of laws of descent and distribution upon death of the
individual, (d) in the case of an individual, pursuant to a qualified domestic relations order, (e) in the case of a trust, by
distribution to one or more of the permissible beneficiaries of such trust, (f) to the partners, members or equity holders of such
Lock-up Party by virtue of the Lock-up Party’s organizational documents, as amended, upon dissolution of the Lock-up Party,
(g) in connection with any bona fide mortgage, encumbrance or pledge to a financial institution in connection with any bona fide
loan or debt transaction or enforcement thereunder, (h) to the Company, or (i) in connection with a liquidation, merger, stock
exchange, reorganization, tender offer approved by the Board or a duly authorized committee thereof or other similar transaction
which results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash,
securities or other property subsequent to the Closing Date. The parties acknowledge and agree that any Permitted Transferee of a
Lock-up Party shall be subject to the transfer restrictions set forth in this ARTICLE V with respect to the Lock-up Shares
upon and after acquiring such Lock-up Shares.

 

    20

     

    

 

ARTICLE
VI

 

MISCELLANEOUS

 

6.1             
Notices. Any notice or communication under this Agreement must be in writing and given by (i) deposit in the United States
mail, addressed to the party to be notified, postage prepaid and registered or certified with return receipt requested, (ii) delivery
in person or by courier service providing evidence of delivery, or (iii) transmission by hand delivery, electronic mail or facsimile.
Each notice or communication that is mailed, delivered, or transmitted in the manner described above shall be deemed sufficiently given,
served, sent, and received, in the case of mailed notices, on the third business day following the date on which it is mailed and, in
the case of notices delivered by courier service, hand delivery, electronic mail or facsimile, at such time as it is delivered to the
addressee (with the delivery receipt or the affidavit of messenger) or at such time as delivery is refused by the addressee upon presentation.
Any notice or communication under this Agreement must be addressed, if to the Company, to: POINT Biopharma Global Inc., 22 St. Clair Avenue
East, Suite 1201, Toronto, Ontario M4T 2S3, Canada., Attention: Joe McCann & Bill Demers or by email: jmccann@pointbiopharma.com &
bdemers@pointbiopharma.com, and, if to the Sponsor, Director Holders and Point Holders, at such Holder’s address, electronic mail
address or facsimile number as set forth on Schedule 2, and as to any other Holder (such as a Permitted Transferee or Additional
Holder) at such Holder’s address, electric mail address or facsimile number as set forth in the Company’s books and records.
Any party may change its address for notice at any time and from time to time by written notice to the other parties hereto, and such
change of address shall become effective thirty (30) days after delivery of such notice as provided in this Section 6.1. Notwithstanding
the foregoing, notices given to Holders holding in book-entry form may be given through the facilities of the Depositary.

 

6.2             
Assignment; No Third Party Beneficiaries.

 

6.2.1       
This Agreement and the rights, duties and obligations of the Company hereunder may not be assigned or delegated by the Company
in whole or in part.

 

6.2.2        Subject
to Section 6.2.4 and Section 6.2.5, this Agreement and the rights, duties and obligations of a Holder hereunder may be
assigned in whole or in part to such Holder’s Permitted Transferees to which it transfers Registrable Securities; provided that
(1) immediately following such transfer such Registrable Securities remain Registrable Securities, and (2) with respect to the
Sponsor, the Director Holders and the Point Holders, the rights hereunder that are personal to such Holders may not be assigned or
delegated in whole or in part, except that (i) the Sponsor shall be permitted to transfer its rights hereunder as the Sponsor to one
or more affiliates or any direct or indirect partners, members or equity holders of the Sponsor, (ii) each of the Director Holders
shall be permitted to transfer its rights hereunder as the Director Holders to one or more affiliates or any direct or indirect
partners, members or equity holders of such Director Holder (it being understood that no such transfer shall reduce or multiply any
rights of such Director Holder or such transferees) and (iii) each of the Point Holders shall be permitted to transfer its
rights hereunder as the Point Holders to one or more affiliates or any direct or indirect partners, members or equity holders of
such Point Holder (it being understood that no such transfer shall reduce or multiply any rights of such Point Holder or such
transferees).

 

    21

     

    

 

6.2.3       
This Agreement and the provisions hereof shall be binding upon and shall inure to the benefit of each of the parties and its successors
and the permitted assigns of the Holders, which shall include Permitted Transferees.

 

6.2.4       
This Agreement shall not confer any rights or benefits on any persons or entities that are not parties hereto, other than as expressly
set forth in this Agreement and Section 6.2.

 

6.2.5       
No assignment by any party hereto of such party’s rights, duties and obligations hereunder shall be binding upon or obligate
the Company unless and until the Company shall have received (i) written notice of such assignment as provided in Section 6.1
hereof and (ii) the written agreement of the assignee, in a form reasonably satisfactory to the Company, to be bound by the terms and
provisions of this Agreement (which may be accomplished by an addendum or certificate of joinder to this Agreement, including the joinder
in the form of Exhibit A attached hereto). Any transfer or assignment made other than as provided in this Section 6.2
shall be null and void.

 

6.3             
Counterparts. This Agreement may be executed in multiple counterparts (including facsimile or PDF counterparts), each of
which shall be deemed an original, and all of which together shall constitute the same instrument, but only one of which need be produced.

 

6.4             
Governing Law; Venue. NOTWITHSTANDING THE PLACE WHERE THIS AGREEMENT MAY BE EXECUTED BY ANY OF THE PARTIES HERETO, THE PARTIES
EXPRESSLY AGREE THAT (1) THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED UNDER THE LAWS OF THE STATE OF NEW YORK AND (2) THE
VENUE FOR ANY ACTION TAKEN WITH RESPECT TO THIS AGREEMENT SHALL BE ANY STATE OR FEDERAL COURT IN NEW YORK COUNTY IN THE STATE OF NEW YORK

 

6.5              TRIAL
BY JURY. EACH PARTY HERETO ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO
INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND, THEREFORE, EACH SUCH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TO THE
FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT TO ANY ACTION DIRECTLY OR
INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED BY THIS
AGREEMENT.

 

    22

     

    

 

6.6             
Amendments and Modifications. Upon the written consent of (a) the Company and (b) the Holders of a majority of the
total Registrable Securities, compliance with any of the provisions, covenants and conditions set forth in this Agreement may be waived,
or any of such provisions, covenants or conditions may be amended or modified; provided, however, that notwithstanding the
foregoing, any amendment hereto or waiver hereof shall also require the written consent of the Sponsor; provided, further,
that notwithstanding the foregoing, any amendment hereto or waiver hereof shall also require the written consent of each Point Holder
so long as such Point Holder and its respective affiliates hold, in the aggregate, at least one percent (1%) of the outstanding shares
of Common Stock of the Company; and provided, further, that any amendment hereto or waiver hereof that adversely affects
one Holder, solely in its capacity as a holder of the shares of capital stock of the Company, in a manner that is materially different
from the other Holders (in such capacity) shall require the consent of the Holder so affected. No course of dealing between any Holder
or the Company and any other party hereto or any failure or delay on the part of a Holder or the Company in exercising any rights or remedies
under this Agreement shall operate as a waiver of any rights or remedies of any Holder or the Company. No single or partial exercise of
any rights or remedies under this Agreement by a party shall operate as a waiver or preclude the exercise of any other rights or remedies
hereunder or thereunder by such party.

 

6.7             
Other Registration Rights. Other than the Sponsor and Third-Party Investor Stockholders who each have registration rights
with respect to their Investor Shares pursuant to their respective Subscription Agreements, the Company represents and warrants that no
person or entity, other than a Holder of Registrable Securities, has any right to require the Company to register any securities of the
Company for sale or to include such securities of the Company in any Registration Statement filed by the Company for the sale of securities
for its own account or for the account of any other person or entity. The Company hereby agrees and covenants that it will not grant rights
to register any Common Stock (or securities convertible into or exchangeable for Common Stock) pursuant to the Securities Act that are
more favorable, pari passu or senior to those granted to the Holders hereunder without (a) the prior written consent of (i) the Sponsor,
for so long as the Sponsor and its affiliates hold, in the aggregate, Registrable Securities representing at least one percent (1%) of
the outstanding shares of Common Stock of the Company, and (ii) a Point Holder, for so long as such Point Holder and its affiliates hold,
in the aggregate, Registrable Securities representing at least one percent (1%) of the outstanding shares of Common Stock of the Company,
or (b) granting economically and legally equivalent rights to the Holders hereunder such that the Holders shall receive the benefit of
such more favorable or senior terms and/or conditions. Further, the Company represents and warrants that this Agreement supersedes any
other registration rights agreement or agreement with similar terms and conditions and in the event of a conflict between any such agreement
or agreements and this Agreement, the terms of this Agreement shall prevail.

 

6.8             
Term. This Agreement shall terminate on the earlier of (a) the tenth (10th) anniversary of the date of this Agreement
and (b) with respect to any Holder, on the date that such Holder no longer holds any Registrable Securities. The provisions of Section 3.5
and Article IV shall survive any termination.

 

    23

     

    

 

6.9             
 Holder Information. Each Holder agrees, if requested in writing, to represent to the Company the total number of Registrable
Securities held by such Holder in order for the Company to make determinations hereunder.

 

6.10         
Additional Holders; Joinder. In addition to persons or entities who may become Holders pursuant to Section 6.2
hereof, subject to the prior written consent of each of the Sponsor and each Point Holder (in each case, so long as such Point Holder
and its affiliates hold, in the aggregate, Registrable Securities representing at least one percent (1%) of the outstanding shares of
Common Stock of the Company), the Company may make any person or entity who acquires Common Stock or rights to acquire Common Stock after
the date hereof a party to this Agreement (each such person or entity, an “Additional Holder”) by obtaining
an executed joinder to this Agreement from such Additional Holder in the form of Exhibit A attached hereto (a “Joinder”).
Such Joinder shall specify the rights and obligations of the applicable Additional Holder under this Agreement. Upon the execution and
delivery and subject to the terms of a Joinder by such Additional Holder, the Common Stock then owned, or underlying any rights then owned,
by such Additional Holder (the “Additional Holder Common Stock”) shall be Registrable Securities to the extent
provided herein and therein and such Additional Holder shall be a Holder under this Agreement with respect to such Additional Holder Common
Stock.

 

6.11         
Severability. It is the desire and intent of the parties that the provisions of this Agreement be enforced to the fullest
extent permissible under the laws and public policies applied in each jurisdiction in which enforcement is sought. Accordingly, if any
particular provision of this Agreement shall be adjudicated by a court of competent jurisdiction to be invalid, prohibited or unenforceable
for any reason, such provision, as to such jurisdiction, shall be ineffective, without invalidating the remaining provisions of this Agreement
or affecting the validity or enforceability of this Agreement or affecting the validity or enforceability of such provision in any other
jurisdiction. Notwithstanding the foregoing, if such provision could be more narrowly drawn so as not to be invalid, prohibited or unenforceable
in such jurisdiction, it shall, as to such jurisdiction, be so narrowly drawn, without invalidating the remaining provisions of this Agreement
or affecting the validity or enforceability of such provision in any other jurisdiction.

 

6.12         
Entire Agreement; Restatement. This Agreement constitutes the full and entire agreement and understanding between the parties
with respect to the subject matter hereof and supersedes all prior agreements and understandings relating to such subject matter. Upon
the Closing, the Original RRA shall no longer be of any force or effect.

 

6.13         
Adjustments. If, and as often as, there are any changes in the Registrable Securities by way of stock split, stock dividend,
combination or reclassification, or through merger, consolidation, reorganization, recapitalization or sale, or by any other means, appropriate
adjustment shall be made in the provisions of this Agreement, as may be required, so that the rights, privileges, duties and obligations
hereunder shall continue with respect to the Registrable Securities as so changed.

 

[SIGNATURE PAGES FOLLOW]

 

    24

     

    

 

IN WITNESS WHEREOF, the undersigned
have caused this Agreement to be executed as of the date first written above.

 

	 	COMPANY:
	 	 
	 	POINT BIOPHARMA GLOBAL INC.
	 	a Delaware corporation
	 	 
	 	By:	/s/ William L. Demers
	 	 	Name:William L. Demers
	 	 	Title:  Chief Financial Officer

 

	 	HOLDERS:
	 	 
	 	THERAPEUTICS ACQUISITION HOLDINGS LLC
	 	a Delaware limited liability company
	 	 
	 	By:	/s/ Matthew Hammond
	 	 	Name:Matthew Hammond
	 	 	Title: Chief Financial Officer

 

	 	/s/ Daniel Grau
	 	DANIEL GRAU
	 	 
	 	/s/ Michael Gray
	 	MICHAEL GRAY
	 	 
	 	/s/ David Lubner
	 	DAVID LUBNER

 

[Signature Page to Amended
and Restated Registration and Stockholder Rights Agreement]

 

    

     

    

 

IN WITNESS WHEREOF, the undersigned
have caused this Agreement to be executed as of the date first written above.

 

	 	HOLDERS:
	 	 
	 	/s/ Allan Silber               
	 	ALLAN SILBER
	 	 
	 	/s/ Allan Silber in Trust                             
	 	ALLAN SILBER IN TRUST

 

	 	ANGLIAN HOLDINGS LLC
	 	 	 
	 	By: 	/s/ Allan Silber                                   

	 	Name:	Allan Silber
	 	Title:	Director

 

	 	/s/ David Silber                                         
	 	DAVID SILBER
	 	 
	 	/s/ Hinda Silber                                         
	 	HINDA SILBER
	 	 
	 	/s/ Jay Silber                                             
	 	JAY SILBER
	 	 
	 	/s/ Leah Silber                                           
	 	LEAH SILBER

 

	 	SILBER HOLDINGS INC.
	 	 	 
	 	By:	 /s/ Allan Silber                                  

	 	Name:	Allan Silber
	 	Title:	President

 

[Signature Page to Amended and Restated
Registration and Stockholder Rights Agreement]

 

    

     

    

 

IN WITNESS WHEREOF, the undersigned
have caused this Agreement to be executed as of the date first written above.

 

	 	HOLDERS:
	 	 
	 	1510789 ONTARIO INC.
	 	 
	 	By:	/s/ Neil Fleshner  
	 	Name: Neil
    Fleshner
	 	Title:   CMO
	 	 
	 	FLESHNER FAMILY TRUST
	 	 
	 	By:	/s/ Philip Fleshner  
	 	Name: Philip
    Fleshner
	 	Title:   Trustee
	 	 
	 	/s/ Neil Fleshner  
	 	NEIL FLESHNER
	 	 
	 	/s/ Eleanore Rosenstein  
	 	ELEANORE ROSENSTEIN
	 	 
	 	/s/ Carole Rosenstein  
	 	CAROLE ROSENSTEIN
	 	 
	 	/s/ Patricia North in Trust  
	 	PATRICIA NORTH IN TRUST
	 	 
	 	COMPASS MEETING SCIENCE INC.
	 	 
	 	By:	/s/ Howard M. Glase  
	 	Name: Howard
    M. Glase
	 	Title:   C.E.O.

 

[Signature Page to Amended
and Restated Registration and Stockholder Rights Agreement]

 

     

     

    

 

IN WITNESS WHEREOF, the undersigned
have caused this Agreement to be executed as of the date first written above.

 

	 	HOLDERS:
	 	 
	 	VERITY PHARMACEUTICALS INC.
	 	 
	 	By:	/s/ Allan Silber                             
	 	Name: Allan
    Silber
	 	Title:   Chairman 
	 	 
	 	/s/ Joe McCann  
	 	JOE MCCANN
	 	 
	 	/s/ Michael Gottlieb  
	 	MICHAEL GOTTLIEB
	 	 
	 	/s/ Ariel Shomair  
	 	ARIEL SHOMAIR
	 	 
	 	/s/ Benjamin Shomair  
	 	BENJAMIN SHOMAIR
	 	 
	 	/s/ Nicole Shomair  
	 	NICOLE SHOMAIR
	 	 
	 	LONG ZONE HOLDINGS INC.
	 	 
	 	By:	 /s/ Jonathan Ross Goodman  
	 	Name: Jonathan
    Ross Goodman
	 	Title:   C.E.O.
	 	 
	 	/s/ Howard Glase  
	 	HOWARD GLASE

 

[Signature Page to Amended
and Restated Registration and Stockholder Rights Agreement] 

 

     

     

    

 

IN WITNESS WHEREOF, the undersigned
have caused this Agreement to be executed as of the date first written above.

 

	 	HOLDERS:
	 	 
	 	/s/ Jonathan Goodman  
	 	JONATHAN GOODMAN
	 	 
	 	/s/ Gerry Hogue  
	 	GERRY HOGUE
	 	  
	 	/s/ M.E. (Peggy) Gilmour  
	 	M.E. (PEGGY) GILMOUR
	 	 
	 	/s/ Bill Demers  
	 	BILL DEMERS
	 	 
	 	/s/ Todd Hockemeyer  
	 	TODD HOCKEMEYER
	 	  
	 	/s/ Jessica Jensen  
	 	JESSICA JENSEN 
	 	 
	 	/s/ Justyna Kelly  
	 	JUSTYNA KELLY

 

[Signature Page to Amended
and Restated Registration and Stockholder Rights Agreement]

 

     

     

    

 

Schedules

 

Schedule 1 - Point Holders

Schedule 2 - Holder Addresses

 

 

     

     

    

 

Exhibit A

 

REGISTRATION AND STOCKHOLDER RIGHTS AGREEMENT
JOINDER

 

The undersigned is executing
and delivering this joinder (this “Joinder”)
pursuant to the Amended and Restated Registration and Stockholder Rights Agreement, dated as of [●], 2021 (as the same may hereafter
be amended, the “Registration and Stockholder Rights Agreement”),
among POINT Biopharma Global Inc., a Delaware corporation (the “Company”),
and the other persons or entities named as parties therein. Capitalized terms used but not otherwise defined herein shall have the meanings
provided in the Registration and Stockholder Rights Agreement.

 

By executing and delivering
this Joinder to the Company, and upon acceptance hereof by the Company upon the execution of a counterpart hereof, the undersigned hereby
agrees to become a party to, to be bound by, and to comply with the Registration and Stockholder Rights Agreement as a Holder of Registrable
Securities in the same manner as if the undersigned were an original signatory to the Registration and Stockholder Rights Agreement, and
the undersigned’s shares of Common Stock shall be included as Registrable Securities under the Registration and Stockholder Rights
Agreement to the extent provided therein.

 

Accordingly, the undersigned
has executed and delivered this Joinder as of the __________ day of __________, 20__.

 

	 	 
	 	Signature of Stockholder
	 	 
	 	 
	 	Print Name of Stockholder
	 	Its:
	 	 
	 	Address:	    
	 	 
	 	 

 

Agreed and Accepted as of

____________, 20__

 

	POINT BIOPHARMA GLOBAL INC.	 
	 	 
	By:	               	 
	Name:	 
	Its:Exhibit 10.3

 

POINT BIOPHARMA GLOBAL INC. 2021 EQUITY INCENTIVE
PLAN

 

	SECTION 1.	GENERAL
PURPOSE OF THE PLAN; DEFINITIONS

 

The name of the plan is the POINT Biopharma Global
Inc. 2021 Equity Incentive Plan (the “Plan”). The purpose of the Plan is to encourage and enable the officers, employees,
non-employee directors and consultants of POINT Biopharma Global Inc. (the “Company”) and its Affiliates upon whose
judgment, initiative and efforts the Company largely depends for the successful conduct of its business to acquire a proprietary interest
in the Company. It is anticipated that providing such persons with a direct stake in the Company’s welfare will assure a closer
identification of their interests with those of the Company and its stockholders, thereby stimulating their efforts on the Company’s
behalf and strengthening their desire to remain with the Company.

 

The following terms shall be defined as set forth
below:

 

“Act” means the Securities Act
of 1933, as amended, and the rules and regulations thereunder.

 

“Administrator” means either
the Board or the compensation committee of the Board or a similar committee performing the functions of that committee and which is comprised
of not less than two Non-Employee Directors who are independent.

 

“Affiliate” means, at the time
of determination, any “parent” or “subsidiary” of the Company as such terms are defined in Rule 405 of the Act.
The Board will have the authority to determine the time or times at which “parent” or “subsidiary” status is determined
within the foregoing definition.

 

“Award” or “Awards,”
except where referring to a particular category of grant under the Plan, shall include Incentive Stock Options, Non-Qualified Stock Options,
Stock Appreciation Rights, Restricted Stock Units, Restricted Stock Awards, Unrestricted Stock Awards, Cash-Based Awards, and Dividend
Equivalent Rights.

 

“Award Certificate” means a
written or electronic document setting forth the terms and provisions applicable to an Award granted under the Plan. Each Award Certificate
is subject to the terms and conditions of the Plan.

 

“Board” means the Board of Directors
of the Company.

 

“Canadian Participant” means
a recipient of Awards that is a resident in Canada for purposes of the Income Tax Act (Canada).

 

“Cash-Based Award” means an
Award entitling the recipient to receive a cash-denominated payment.

 

     

     

    

 

“Closing Date” means the date
of the closing of the transactions contemplated by that certain Business Combination Agreement, dated as of March 15, 2021, by and among
the Company and the other parties thereto.

 

“Code” means the Internal Revenue
Code of 1986, as amended, and any successor Code, and related rules, regulations and interpretations.

 

“Consultant” means a consultant
or adviser who provides bona fide services to the Company or an Affiliate as an independent contractor and who qualifies as a consultant
or advisor under Instruction A.1.(a)(1) of Form S-8 under the Act, and, in the case of a Canadian Participant, (i) provides the services
under a written contract with the Company or a subsidiary of the Company, and (ii) spends or will spend a significant amount of time and
attention on the affairs and business of the Company or a subsidiary of the Company.

 

“Dividend Equivalent Right”
means an Award (or, in the case of a Canadian Participant, a term of Restricted Share Unit) entitling the grantee to receive credits based
on cash dividends that would have been paid on the shares of Stock specified in the Dividend Equivalent Right (or other Award to which
it relates) if such shares had been issued to and held by the grantee on the applicable record date for such dividends (if applicable).

 

“Effective Date” means the date
on which the Plan becomes effective as set forth in Section 20.

 

“Exchange Act” means the Securities
Exchange Act of 1934, as amended, and the rules and regulations thereunder.

 

“Fair Market Value” of the Stock
on any given date means the fair market value of the Stock determined in good faith by the Administrator; provided, however, that if the
Stock is listed on the National Association of Securities Dealers Automated Quotation System (“NASDAQ”), NASDAQ Global Market,
The New York Stock Exchange or another national securities exchange or traded on any established market, the determination shall be made
by reference to the closing price on such date. If there is no closing price for such date, the determination shall be made by reference
to the last date preceding such date for which there is a closing price.

 

“Incentive Stock Option” means
any Stock Option intended to qualify as an “incentive stock option” as defined in Section 422 of the Code.

 

“Non-Employee Director” means
a member of the Board who is not also an employee of the Company or any Subsidiary.

 

“Non-Qualified Stock Option”
means any Stock Option that is not an Incentive Stock Option.

 

“Option” or “Stock
Option” means any option to purchase shares of Stock granted pursuant to Section 5.

 

    2

     

    

 

“Prior Plan” means the Point
Biopharma Inc. 2020 Equity Incentive Plan, as amended and restated from time to time, as well as stock options granted by Point Biopharma
Inc. not subject to any plan.

 

“Restricted Shares” means the
shares of Stock underlying a Restricted Stock Award that remain subject to a risk of forfeiture or the Company’s right of repurchase.

 

“Restricted Stock Award” means
an Award of Restricted Shares subject to such restrictions and conditions as the Administrator may determine at the time of grant.

 

“Restricted Stock Units” means
a right to receive, in cash and/or shares of Stock, as determined by the Administrator, the Fair Market Value of a share of Stock, subject
to such restrictions on transfer, vesting conditions and other restrictions or limitations as may be set forth in this Plan and the applicable
Award Certificate.

 

“Sale Event” shall mean (i)
the sale of all or substantially all of the assets of the Company on a consolidated basis to an unrelated person or entity, (ii) a merger,
reorganization or consolidation pursuant to which the holders of the Company’s outstanding voting power and outstanding stock immediately
prior to such transaction do not own a majority of the outstanding voting power and outstanding stock or other equity interests of the
resulting or successor entity (or its ultimate parent, if applicable) immediately upon completion of such transaction, (iii) the sale
of all of the Stock of the Company to an unrelated person, entity or group thereof acting in concert, or (iv) any other transaction in
which, immediately upon completion of the transaction, an unrelated person, entity or group thereof acting in concert will own at least
a majority of the outstanding voting power of the Company or any successor entity other than (A) as a result of the acquisition of securities
directly from the Company and (B) any acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company
or any entity controlled by the Company.

 

“Sale Price” means the value
as determined by the Administrator of the consideration payable, or otherwise to be received by stockholders, per share of Stock pursuant
to a Sale Event.

 

“Section 409A” means Section
409A of the Code and the regulations and other guidance promulgated thereunder.

 

“Service Relationship” means
any relationship as an employee, director or Consultant of the Company or any Affiliate (e.g., a Service Relationship shall be deemed
to continue without interruption in the event an individual’s status changes from full-time employee to part-time employee or Consultant).

 

“Stock” means the Common Stock,
par value $0.0001 per share, of the Company, subject to adjustments pursuant to Section 3.

 

“Stock Appreciation Right” means
an Award entitling the recipient to receive shares of Stock (or cash, to the extent explicitly provided for in the applicable Award Certificate)
having a value equal to the excess of the Fair Market Value of the Stock on the date of exercise over the exercise price of the Stock
Appreciation Right multiplied by the number of shares of Stock with respect to which the Stock Appreciation Right shall have been exercised.

 

    3

     

    

 

“Subsidiary” means any corporation
or other entity (other than the Company) in which the Company has at least a 50 percent interest, either directly or indirectly.

 

“Ten Percent Owner” means an
employee who owns or is deemed to own (by reason of the attribution rules of Section 424(d) of the Code) more than 10 percent of the combined
voting power of all classes of stock of the Company or any parent or subsidiary corporation.

 

“Unrestricted Stock Award” means
an Award of shares of Stock free of any restrictions.

 

	SECTION 2.	ADMINISTRATION
OF PLAN; ADMINISTRATOR AUTHORITY TO SELECT GRANTEES AND DETERMINE AWARDS

 

(a)           Administration of Plan. The Plan shall be administered by the Administrator.

 

(b)           Powers
of Administrator. The Administrator shall have the power and authority to grant Awards consistent with the terms of the Plan, including
the power and authority to:

 

(i)              
select the individuals to whom Awards may from time to time be granted;

 

(ii)             
determine the time or times of grant, and the extent, if any, of Incentive Stock Options, Non-Qualified Stock Options, Stock Appreciation
Rights, Restricted Stock Awards, Restricted Stock Units, Unrestricted Stock Awards, Cash-Based Awards, and Dividend Equivalent Rights,
or any combination of the foregoing, granted to any one or more grantees;

 

(iii)           
determine the number of shares of Stock to be covered by any Award;

 

(iv)            correct
any defect, supply any omission or reconcile any inconsistency in the Plan, in any Award, or in any Award Certificate;

 

(v)             determine and modify from time to time the terms and conditions, including restrictions, not inconsistent with the terms of the
Plan, of any Award, which terms and conditions may differ among individual Awards and grantees, and to approve the forms of Award Certificates;

 

(vi)            accelerate
at any time the exercisability or vesting of all or any portion of any Award or waive any forfeiture provision with respect to an Award;

 

(vii)         
subject to the provisions of Section 5(c) or Section 6(d), extend at any time the period in which Stock Options or Stock Appreciation
Right, respectively, may be exercised; and

 

(viii)       
at any time to adopt, alter and repeal such rules, guidelines and practices for administration of the Plan and for its own acts
and proceedings as it shall deem advisable; to interpret the terms and provisions of the Plan and any Award (including related written
instruments); to make all determinations it deems advisable for the administration of the Plan; to decide all disputes arising in connection
with the Plan; and to otherwise supervise the administration of the Plan.

 

    4

     

    

 

All decisions and interpretations of the Administrator
shall be binding on all persons, including the Company and Plan grantees.

 

(c)              
Delegation of Authority to Grant Awards. Subject to applicable law, the Administrator, in its discretion, may delegate to
a committee consisting of one or more officers of the Company, including the Chief Executive Officer of the Company, all or part of the
Administrator’s authority and duties with respect to the granting of Awards to individuals who are (i) not subject to the reporting
and other provisions of Section 16 of the Exchange Act and (ii) not members of the delegated committee. Any such delegation by the
Administrator shall include a limitation as to the amount of Stock underlying Awards that may be granted during the period of the delegation
and shall contain guidelines as to the determination of the exercise price and the vesting criteria. The Administrator may revoke or amend
the terms of a delegation at any time but such action shall not invalidate any prior actions of the Administrator’s delegate or
delegates that were consistent with the terms of the Plan.

 

(d)              
Award Certificate. Awards under the Plan shall be evidenced by Award Certificates that set forth the terms, conditions and
limitations for each Award which may include, without limitation, the term of an Award and the provisions applicable in the event employment
or service terminates.

 

(e)              
Indemnification. Neither the Board nor the Administrator, nor any member of either or any delegate thereof, shall be liable
for any act, omission, interpretation, construction or determination made in good faith in connection with the administration of the Plan,
and the members of the Board and the Administrator (and any delegate thereof) shall be entitled in all cases to indemnification and reimbursement
by the Company in respect of any claim, loss, damage or expense (including, without limitation, reasonable attorneys’ fees) arising
or resulting therefrom to the fullest extent permitted by law and/or under the Company’s articles or bylaws or any directors’
and officers’ liability insurance coverage which may be in effect from time to time and/or any indemnification agreement between
such individual and the Company.

 

(f)               
Foreign Award Recipients. Notwithstanding any provision of the Plan to the contrary, in order to comply with the laws in
other countries in which the Company and its Subsidiaries operate or have employees or other individuals eligible for Awards, the Administrator,
in its sole discretion, shall have the power and authority to: (i) determine which Subsidiaries shall be covered by the Plan; (ii) determine
which individuals outside the United States are eligible to participate in the Plan; (iii) modify the terms and conditions of any Award
granted to individuals outside the United States to comply with applicable foreign laws; (iv) establish subplans and modify exercise procedures
and other terms and procedures, to the extent the Administrator determines such actions to be necessary or advisable (and such subplans
and/or modifications shall be attached to this Plan as appendices); provided, however, that no such subplans and/or modifications shall
increase the share limitations contained in Section 3(a) hereof; and (v) take any action, before or after an Award is made, that the Administrator
determines to be necessary or advisable to obtain approval or comply with any local governmental regulatory exemptions or approvals. Notwithstanding
the foregoing, the Administrator may not take any actions hereunder, and no Awards shall be granted, that would violate the Exchange Act
or any other applicable United States securities law, the Code, or any other applicable United States governing statute or law.

 

    5

     

    

 

	SECTION 3.	STOCK
                                            ISSUABLE UNDER THE PLAN; MERGERS; SUBSTITUTION

 

(a)           Stock
Issuable. The maximum number of shares of Stock reserved and available for issuance under the Plan shall be 7,438,527 shares
(the “Initial Limit”), subject to adjustment as provided in this Section 3, plus on January 1, 2022 and each
January 1 thereafter, the number of shares of Stock reserved and available for issuance under the Plan shall be cumulatively
increased by four percent (4%) of the number of shares of Stock issued and outstanding on the immediately preceding December 31 or
such lesser amount as determined by the Board (the “Annual Increase”). Subject to such overall limitation, the
maximum aggregate number of shares of Stock that may be issued in the form of Incentive Stock Options shall not exceed 7,438,527
subject to adjustment as provided in this Section 3. For purposes of this limitation, the shares of Stock underlying any awards
under the Plan and under the Prior Plan that are forfeited, canceled, held back upon exercise of an Option or settlement of an Award
to cover the exercise price or tax withholding, reacquired by the Company prior to vesting, satisfied without the issuance of Stock
or otherwise terminated (other than by exercise) shall be added back to the shares of Stock available for issuance under the Plan
and, to the extent permitted under Section 422 of the Code and the regulations promulgated thereunder, the shares of Stock that may
be issued as Incentive Stock Options. The shares available for issuance under the Plan may be authorized but unissued shares of
Stock or shares of Stock reacquired by the Company. Awards that may be settled solely in cash shall not be counted against the share
reserve, nor shall they reduce the shares of Stock authorized for grant to any grantee in any calendar year.

 

(b)              Changes
in Stock. Subject to Section 3(c) hereof, if, as a result of any reorganization, recapitalization, reclassification, stock
dividend, stock split, reverse stock split or other similar change in the Company’s capital stock, the outstanding shares of
Stock are increased or decreased or are exchanged for a different number or kind of shares or other securities of the Company, or
additional shares or new or different shares or other securities of the Company or other non-cash assets are distributed with
respect to such shares of Stock or other securities, or, if, as a result of any merger or consolidation, sale of all or
substantially all of the assets of the Company, the outstanding shares of Stock are converted into or exchanged for securities of
the Company or any successor entity (or a parent or subsidiary thereof), the Administrator, in its sole discretion, shall make an
appropriate or proportionate adjustment in (i) the maximum number of shares reserved for issuance under the Plan, including the
maximum number of shares that may be issued in the form of Incentive Stock Options, (ii) the number and kind of shares or other
securities subject to any then outstanding Awards under the Plan, (iii) the repurchase price, if any, per share subject to each
outstanding Restricted Stock Award, and (iv) the exercise price for each share subject to any then outstanding Stock Options
and Stock Appreciation Rights under the Plan, without changing the aggregate exercise price (i.e., the exercise price multiplied by
the number of shares subject to Stock Options and Stock Appreciation Rights) as to which such Stock Options and Stock Appreciation
Rights remain exercisable. The Administrator may also make equitable or proportionate adjustments in the number of shares subject to
outstanding Awards and the exercise price and the terms of outstanding Awards to take into consideration cash dividends paid other
than in the ordinary course or any other extraordinary corporate event. The adjustment by the Administrator shall be final, binding
and conclusive. No fractional shares of Stock shall be issued under the Plan resulting from any such adjustment, but the
Administrator in its discretion may make a cash payment in lieu of fractional shares. In the case of Awards held by a Canadian
Participant, in the event that the number of shares of Stock issuable to such Canadian Participant on the exercise of such Awards
would otherwise include a fractional share, such number of shares of Stock shall be rounded down to the nearest whole number of
shares and no amount shall be payable to such Canadian Participant in respect of such fractional share.

 

    6

     

    

 

(c)              
Mergers and Other Transactions. In the case of and subject to the consummation of a Sale Event, the parties thereto may
cause the assumption or continuation of Awards theretofore granted by the successor entity, or the substitution of such Awards with new
Awards of the successor entity or parent thereof, with appropriate adjustment as to the number and kind of shares and, if appropriate,
the per share exercise prices, as such parties shall agree. To the extent the parties to such Sale Event do not provide for the assumption,
continuation or substitution of Awards, upon the effective time of the Sale Event, the Plan and all outstanding Awards granted hereunder
shall terminate. In such case, except as may be otherwise provided in the relevant Award Certificate, all Options and Stock Appreciation
Rights with time-based vesting conditions or restrictions that are not vested and/or exercisable immediately prior to the effective time
of the Sale Event shall become fully vested and exercisable as of the effective time of the Sale Event, all other Awards with time-based
vesting, conditions or restrictions shall become fully vested and nonforfeitable as of the effective time of the Sale Event, and all Awards
with conditions and restrictions relating to the attainment of performance goals may become vested and nonforfeitable in connection with
a Sale Event in the Administrator’s discretion or to the extent specified in the relevant Award Certificate. In the event of such
termination, the Administrator shall have the option (in its sole discretion) to effect either of the following alternatives, which may
vary among individual holders and which may vary among Awards held by any individual holder: (i) make or provide for a payment, in cash
or in kind, to the grantees holding Options and Stock Appreciation Rights, in exchange for the cancellation thereof (provided, however,
that Options held by Canadian Participants will not be cancelled for cash or in kind without the consent of such Canadian Participant,
which consent shall not be unreasonably withheld, conditioned or delayed), in an amount equal to the difference between (A) the Sale Price
multiplied by the number of shares of Stock subject to outstanding Options and Stock Appreciation Rights (to the extent then exercisable
at prices not in excess of the Sale Price) and (B) the aggregate exercise price of all such outstanding Options and Stock Appreciation
Rights (provided that, in the case of an Option or Stock Appreciation Right with an exercise price equal to or greater than the Sale Price,
such Option or Stock Appreciation Right shall be cancelled for no consideration); or (ii) permit a grantee to exercise all or any portion
of such grantee’s outstanding Options and Stock Appreciation Rights (to the extent then exercisable), for a limited period of time
on or before a date prior to the consummation of the Sale Event as specified by the Administrator, after which specified date all unexercised
Awards and all rights of holders thereunder shall terminate. The Administrator shall also have the option (in its sole discretion) to
make or provide for a payment, in cash or in kind, to the grantees holding Awards other than Options and Stock Appreciation Rights, in
an amount equal to the Sale Price multiplied by the number of vested shares of Stock under such Awards.

 

(d)               Maximum
Awards to Non-Employee Directors. The aggregate amount of compensation, including both Awards granted under this Plan and cash
compensation, paid to any Non-Employee Director in a calendar year period shall not exceed $750,000; provided, however, that such
amount shall be $1,000,000 for the calendar year in which the applicable Non-Employee Director is initially appointed to the Board.
For the purpose of this limitation, the amount of any Award paid in a calendar year shall be its grant date fair value, as
determined in accordance with ASC 718 or successor provision but excluding the impact of estimated forfeitures related to
service-based vesting provisions.

 

    7

     

    

 

	SECTION 4.	ELIGIBILITY

 

Grantees under the Plan will be such employees,
Non-Employee Directors or Consultants of the Company and its Affiliates as are selected from time to time by the Administrator in its
sole discretion; provided that Awards may not be granted to employees, Directors or Consultants who are providing services only to any
 “parent” of the Company, as such term is defined in Rule 405 of the Act, unless (i) the stock underlying the Awards is treated
as “service recipient stock” under Section 409A or (ii) the Company has determined that such Awards are exempt from or otherwise
comply with Section 409A.

 

	SECTION 5.	STOCK
                                            OPTIONS

 

(a)            Award
of Stock Options. The Administrator may grant Stock Options under the Plan. Any Stock Option granted under the Plan shall be in such
form as the Administrator may from time to time approve.

 

Stock Options granted under the Plan may be either
Incentive Stock Options or Non-Qualified Stock Options. Incentive Stock Options may be granted only to employees of the Company or any
Subsidiary that is a “subsidiary corporation” within the meaning of Section 424(f) of the Code. To the extent that any
Option does not qualify as an Incentive Stock Option, it shall be deemed a Non-Qualified Stock Option.

 

Stock Options granted pursuant to this Section 5
shall be subject to the following terms and conditions and shall contain such additional terms and conditions, not inconsistent with the
terms of the Plan, as the Administrator shall deem desirable. If the Administrator so determines, Stock Options may be granted in lieu
of cash compensation at the optionee’s election, subject to such terms and conditions as the Administrator may establish.

 

(b)            Exercise Price. The exercise price per share for the Stock covered by a Stock Option granted pursuant to this Section 5
shall be determined by the Administrator at the time of grant but shall not be less than 100 percent of the Fair Market Value on the date
of grant. In the case of an Incentive Stock Option that is granted to a Ten Percent Owner, the exercise price of such Incentive Stock
Option shall be not less than 110 percent of the Fair Market Value on the grant date.

 

(c)            Option Term. The term of each Stock Option shall be fixed by the Administrator, but no Stock Option shall be exercisable
more than ten years after the date the Stock Option is granted. In the case of an Incentive Stock Option that is granted to a Ten Percent
Owner, the term of such Stock Option shall be no more than five years from the date of grant.

 

(d)             Exercisability;
Rights of a Stockholder. Stock Options shall become exercisable at such time or times, whether or not in installments, as shall
be determined by the Administrator at or after the grant date. The Administrator may at any time accelerate the exercisability of
all or any portion of any Stock Option. An optionee shall have the rights of a stockholder only as to shares acquired upon the
exercise of a Stock Option and not as to unexercised Stock Options.

 

    8

     

    

 

(e)           Method of Exercise. Stock Options may be exercised in whole or in part, by giving written or electronic notice of exercise
to the Company, specifying the number of shares to be purchased. Payment of the purchase price may be made by one or more of the following
methods except to the extent otherwise provided in the Award Certificate:

 

(i)              In
cash, by certified or bank check or other instrument acceptable to the Administrator;

 

(ii)             
Through the delivery (or attestation to the ownership following such procedures as the Company may prescribe) of shares of Stock
that are not then subject to restrictions under any Company plan, with such surrendered shares to be valued at Fair Market Value on the
exercise date;

 

(iii)           
By the optionee delivering to the Company a properly executed exercise notice together with irrevocable instructions to a broker
to promptly deliver to the Company cash or a check payable and acceptable to the Company for the purchase price; provided that in the
event the optionee chooses to pay the purchase price as so provided, the optionee and the broker shall comply with such procedures and
enter into such agreements of indemnity and other agreements as the Company shall prescribe as a condition of such payment procedure;
or

 

(iv)            
To the extent permitted by the Administrator and set forth in an Award Certificate, with respect to Stock Options that are not
Incentive Stock Options, by a “net exercise” arrangement pursuant to which the Company will reduce the number of shares of
Stock issuable upon exercise by the largest whole number of shares with a Fair Market Value that does not exceed the aggregate exercise
price. In the event that a Canadian Participant exercises Stock Options by a “net exercise” arrangement, the Company (or applicable
Affiliate) shall timely file an election pursuant to (and take such other actions as are contemplated by) subsection 110(1.1) of the Income
Tax Act (Canada) in respect of such exercise.

 

Payment instruments will be received subject to collection. The transfer
to the optionee on the records of the Company or of the transfer agent of the shares of Stock to be purchased pursuant to the exercise
of a Stock Option will be contingent upon receipt from the optionee (or a purchaser acting in his stead in accordance with the provisions
of the Stock Option) by the Company of the full purchase price for such shares and the fulfillment of any other requirements contained
in the Award Certificate or applicable provisions of laws (including the satisfaction of any withholding taxes that the Company or any
Affiliate is obligated to withhold with respect to the optionee). In the event an optionee chooses to pay the purchase price by previously-owned
shares of Stock through the attestation method, the number of shares of Stock transferred to the optionee upon the exercise of the Stock
Option shall be net of the number of attested shares. In the event that the Company establishes, for itself or using the services of a
third party, an automated system for the exercise of Stock Options, such as a system using an internet website or interactive voice response,
then the paperless exercise of Stock Options may be permitted through the use of such an automated system.

 

(f)               
 Annual Limit on Incentive Stock Options. To the extent required for “incentive stock option” treatment under
Section 422 of the Code, the aggregate Fair Market Value (determined as of the time of grant) of the shares of Stock with respect
to which Incentive Stock Options granted under this Plan and any other plan of the Company or its parent and subsidiary corporations become
exercisable for the first time by an optionee during any calendar year shall not exceed $100,000. To the extent that any Stock Option
exceeds this limit, it shall constitute a Non-Qualified Stock Option.

 

    9

     

    

 

	SECTION 6.	STOCK
                                            APPRECIATION RIGHTS

 

(a)           Award
of Stock Appreciation Rights. The Administrator may grant Stock Appreciation Rights under the Plan. A Stock Appreciation Right is
an Award entitling the recipient to receive shares of Stock (or cash, to the extent explicitly provided for in the applicable Award Certificate)
having a value equal to the excess of the Fair Market Value of a share of Stock on the date of exercise over the exercise price of the
Stock Appreciation Right multiplied by the number of shares of Stock with respect to which the Stock Appreciation Right shall have been
exercised.

 

(b)          Exercise Price of Stock Appreciation Rights. The exercise price of a Stock Appreciation Right shall not be less than 100
percent of the Fair Market Value of the Stock on the date of grant.

 

(c)           Grant
and Exercise of Stock Appreciation Rights. Stock Appreciation Rights may be granted by the Administrator independently of any Stock
Option granted pursuant to Section 5 of the Plan.

 

(d)           Terms
and Conditions of Stock Appreciation Rights. Stock Appreciation Rights shall be subject to such terms and conditions as shall be
determined on the date of grant by the Administrator. The term of a Stock Appreciation Right may not exceed ten years. The terms and
conditions of each such Award shall be determined by the Administrator, and such terms and conditions may differ among individual Awards
and grantees.

 

	SECTION 7.	RESTRICTED
STOCK AWARDS

 

(a)          Nature
of Restricted Stock Awards. The Administrator may grant Restricted Stock Awards under the Plan. A Restricted Stock Award is any Award
of Restricted Shares subject to such restrictions and conditions as the Administrator may determine at the time of grant. Conditions
may be based on continuing employment (or other Service Relationship) and/or achievement of pre-established performance goals and objectives.

 

(b)          Rights
as a Stockholder. Upon the grant of the Restricted Stock Award and payment of any applicable purchase price, a grantee shall
have the rights of a stockholder with respect to the voting of the Restricted Shares and receipt of dividends; provided that any
dividends paid by the Company shall accrue and shall not be paid to the grantee until the lapse of restrictions on such Restricted
Shares, and such dividends shall expire or be forfeited or annulled under the same conditions as the Restricted Shares. Unless the
Administrator shall otherwise determine, (i) uncertificated Restricted Shares shall be accompanied by a notation on the records of
the Company or the transfer agent to the effect that they are subject to forfeiture until such Restricted Shares are vested as
provided in Section 7(d) below, and (ii) certificated Restricted Shares shall remain in the possession of the Company until such
Restricted Shares are vested as provided in Section 7(d) below, and the grantee shall be required, as a condition of the grant, to
deliver to the Company such instruments of transfer as the Administrator may prescribe.

 

    10

     

    

 

(c)           Restrictions.
Restricted Shares may not be sold, assigned, transferred, pledged or otherwise encumbered or disposed of except as specifically provided
herein or in the Restricted Stock Award Certificate. Except as may otherwise be provided by the Administrator either in the Award Certificate
or, subject to Section 16 below, in writing after the Award is issued, if a grantee’s employment (or other Service Relationship)
with the Company and its Subsidiaries terminates for any reason, any Restricted Shares that have not vested at the time of termination
shall automatically and without any requirement of notice to such grantee from or other action by or on behalf of, the Company be deemed
to have been reacquired by the Company at its original purchase price (if any) from such grantee or such grantee’s legal representative
simultaneously with such termination of employment (or other Service Relationship), and thereafter shall cease to represent any ownership
of the Company by the grantee or rights of the grantee as a stockholder. Following such deemed reacquisition of Restricted Shares that
are represented by physical certificates, a grantee shall surrender such certificates to the Company upon request without consideration.

 

(d)          Vesting
of Restricted Shares. The Administrator at the time of grant shall specify the date or dates and/or the attainment of pre-established
performance goals, objectives and other conditions on which the non-transferability of the Restricted Shares and the Company’s
right of repurchase or forfeiture shall lapse. Subsequent to such date or dates and/or the attainment of such pre-established performance
goals, objectives and other conditions, the shares on which all restrictions have lapsed shall no longer be Restricted Shares and shall
be deemed “vested.”

 

	SECTION 8.	RESTRICTED
STOCK UNITS

 

(a)          Nature
of Restricted Stock Units. The Administrator may grant Restricted Stock Units under the Plan. The vesting conditions or other restrictions
associated with the Restricted Stock Unit may be based on continuing employment (or other Service Relationship) and/or achievement of
pre-established performance goals and objectives. The terms and conditions of each such Award shall be determined by the Administrator,
and such terms and conditions may differ among individual Awards and grantees. Except in the case of Restricted Stock Units with a deferred
settlement date that complies with Section 409A, at the end of the vesting period, the Restricted Stock Units, to the extent vested,
shall be settled in the form of shares of Stock (or cash, to the extent explicitly provided for in the Award Certificate). Restricted
Stock Units with deferred settlement dates may be subject to Section 409A and shall contain such additional terms and conditions as the
Administrator shall determine in its sole discretion in order to comply with the requirements of Section 409A.

 

(b)         Election
to Receive Restricted Stock Units in Lieu of Compensation. The Administrator may, in its sole discretion, permit a grantee to
elect to receive a portion of future cash compensation otherwise due to such grantee in the form of an award of Restricted Stock
Units. Any such election shall be made in writing and shall be delivered to the Company no later than the date specified by the
Administrator and in accordance with Section 409A and such other rules and procedures established by the Administrator. Any such
future cash compensation that the grantee elects to defer shall be converted to a fixed number of Restricted Stock Units based on
the Fair Market Value of Stock on the date the compensation would otherwise have been paid to the grantee if such payment had not
been deferred as provided herein. The Administrator shall have the sole right to determine whether and under what circumstances to
permit such elections and to impose such limitations and other terms and conditions thereon as the Administrator deems appropriate.
Any Restricted Stock Units that are elected to be received in lieu of cash compensation shall be fully vested, unless otherwise
provided in the Award Certificate.

 

    11

     

    

 

(c)           Rights as a Stockholder. A grantee shall have the rights as a stockholder only as to shares of Stock acquired by the grantee
upon settlement of Restricted Stock Units; provided, however, that the grantee may be credited with Dividend Equivalent Rights with respect
to the stock units underlying his Restricted Stock Units, subject to the provisions of Section 11 and such terms and conditions as the
Administrator may determine.

 

(d)          Termination.
Except as may otherwise be provided by the Administrator either in the Award Certificate or, subject to Section 16 below, in writing
after the Award is issued, a grantee’s right in all Restricted Stock Units that have not vested shall automatically terminate upon
the grantee’s termination of employment (or cessation of Service Relationship) with the Company and its Subsidiaries for any reason.

 

	SECTION 9.	UNRESTRICTED
                                            STOCK AWARDS

 

Grant or Sale of Unrestricted Stock. The
Administrator may grant (or sell at par value or such higher purchase price determined by the Administrator) an Unrestricted Stock Award
under the Plan. An Unrestricted Stock Award is an Award pursuant to which the grantee may receive shares of Stock free of any restrictions
under the Plan. Unrestricted Stock Awards may be granted in respect of past services or other valid consideration, or in lieu of cash
compensation due to such grantee.

 

	SECTION 10.	CASH-BASED
AWARDS

 

Grant of Cash-Based Awards. The Administrator
may grant Cash-Based Awards under the Plan. A Cash-Based Award is an Award that entitles the grantee to a payment in cash upon the attainment
of specified performance goals. The Administrator shall determine the maximum duration of the Cash-Based Award, the amount of cash to
which the Cash-Based Award pertains, the conditions upon which the Cash-Based Award shall become vested or payable, and such other provisions
as the Administrator shall determine. Each Cash-Based Award shall specify a cash-denominated payment amount, formula or payment ranges
as determined by the Administrator. Payment, if any, with respect to a Cash-Based Award shall be made in accordance with the terms of
the Award and may be made in cash.

 

    12

     

    

 

	SECTION 11.	DIVIDEND
EQUIVALENT RIGHTS

 

(a)          Dividend
Equivalent Rights. The Administrator may grant Dividend Equivalent Rights under the Plan. A Dividend Equivalent Right is an Award
entitling the grantee to receive credits based on cash dividends that would have been paid on the shares of Stock specified in the Dividend
Equivalent Right (or other Award to which it relates) if such shares had been issued to the grantee. A Dividend Equivalent Right may
be granted hereunder to any grantee as a component of an award of Restricted Stock Units or as a freestanding award. In no event shall
any Dividend Equivalent Right be granted to an optionee as a component of a Stock Option or Stock Appreciation Right. The terms and conditions
of Dividend Equivalent Rights shall be specified in the Award Certificate. Dividend equivalents credited to the holder of a Dividend
Equivalent Right may be paid currently or may be deemed to be reinvested in additional shares of Stock, which may thereafter accrue additional
equivalents. Any such reinvestment shall be at Fair Market Value on the date of reinvestment or such other price as may then apply under
a dividend reinvestment plan sponsored by the Company, if any. Dividend Equivalent Rights may be settled in cash or shares of Stock or
a combination thereof, in a single installment or installments. A Dividend Equivalent Right granted as a component of an Award of Restricted
Stock Units shall provide that such Dividend Equivalent Right shall be settled only upon settlement or payment of, or lapse of restrictions
on, such other Award, and that such Dividend Equivalent Right shall expire or be forfeited or annulled under the same conditions as such
other Award. Notwithstanding the foregoing, a Dividend Equivalent Right may be granted to a Canadian Participant only in connection with
Restricted Share Units and shall, where so granted (i) be deemed to be a term of the applicable Restricted Share Units and set out in
the applicable award or similar agreement, (ii) be credited in the form of additional Restricted Share Units (calculated based on the
value of the amount of the applicable dividends and the Fair Market Value of the Shares to which the Restricted Share Units relate) and
(iii) be subject to the same vesting conditions (if any) and be settled on the same terms and conditions of, and at the same time as,
the applicable Restricted Share Units.

 

(b)          Termination. Except as may otherwise be provided by the Administrator either in the Award Certificate or, subject to Section 16
below, in writing after the Award is issued, a grantee’s rights in all Dividend Equivalent Rights shall automatically terminate
upon the grantee’s termination of employment (or cessation of Service Relationship) with the Company and its Subsidiaries for any
reason.

 

	SECTION 12.	Transferability
of Awards

 

(a)          Transferability.
Except as provided in Section 12(b) below, during a grantee’s lifetime, his or her Awards shall be exercisable only by the
grantee, or by the grantee’s legal representative or guardian in the event of the grantee’s incapacity. No Awards shall be
sold, assigned, transferred or otherwise encumbered or disposed of by a grantee other than by will or by the laws of descent and distribution
or pursuant to a domestic relations order. No Awards shall be subject, in whole or in part, to attachment, execution, or levy of any
kind, and any purported transfer in violation hereof shall be null and void.

 

(b)          Administrator
Action. Notwithstanding Section 12(a), the Administrator, in its discretion, may provide either in the Award Certificate regarding
a given Award or by subsequent written approval that the grantee (who is an employee or director) may transfer his or her Non-Qualified
Stock Options to his or her immediate family members, to trusts for the benefit of such family members, or to partnerships in which such
family members are the only partners, provided that the transferee agrees in writing with the Company to be bound by all of the terms
and conditions of this Plan and the applicable Award. In no event may an Award be transferred by a grantee for value.

 

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(c)           
Family Member. For purposes of Section 12(b), “family member” shall mean a grantee’s child, stepchild,
grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son-in-law,
daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships, any person sharing the grantee’s household
(other than a tenant of the grantee), a trust in which these persons (or the grantee) have more than 50 percent of the beneficial interest,
a foundation in which these persons (or the grantee) control the management of assets, and any other entity in which these persons (or
the grantee) own more than 50 percent of the voting interests.

 

(d)          Designation
of Beneficiary. To the extent permitted by the Company, each grantee to whom an Award has been made under the Plan may designate
a beneficiary or beneficiaries to exercise any Award or receive any payment under any Award payable on or after the grantee’s death.
Any such designation shall be on a form provided for that purpose by the Administrator and shall not be effective until received by the
Administrator. If no beneficiary has been designated by a deceased grantee, or if the designated beneficiaries have predeceased the grantee,
the beneficiary shall be the grantee’s estate.

 

	SECTION 13.	TAX
                                            WITHHOLDING

 

(a)           Payment
by Grantee. Each grantee shall, no later than the date as of which the value of an Award or of any Stock or other amounts received
thereunder first becomes includable in the gross income of the grantee for Federal or non-U.S. income tax purposes, pay to the Company,
or make arrangements satisfactory to the Administrator regarding payment of, any Federal, state, provincial or local taxes of any kind
required by law to be withheld by the Company with respect to such income. The Company and its Subsidiaries shall, to the extent permitted
by law, have the right to deduct any such taxes from any payment of any kind otherwise due to the grantee. The Company’s obligation
to deliver evidence of book entry (or stock certificates) to any grantee is subject to and conditioned on tax withholding obligations
being satisfied by the grantee.

 

(b)          Payment in Stock. The Administrator may require the Company’s tax withholding obligation to be satisfied, in whole
or in part, by the Company withholding from shares of Stock to be issued pursuant to any Award a number of shares with an aggregate Fair
Market Value (as of the date the withholding is effected) that would satisfy the withholding amount due; provided, however, that the amount
withheld does not exceed the maximum statutory tax rate or such lesser amount as is necessary to avoid liability accounting treatment.
For purposes of share withholding, the Fair Market Value of withheld shares shall be determined in the same manner as the value of Stock
includible in income of the grantees. The Administrator may also require the Company’s tax withholding obligation to be satisfied,
in whole or in part, by an arrangement whereby a certain number of shares of Stock issued pursuant to any Award are immediately sold and
proceeds from such sale are remitted to the Company in an amount that would satisfy the withholding amount due.

 

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	SECTION 14.	Section
                                            409A awards

 

Awards are intended to be
exempt from Section 409A to the greatest extent possible and to otherwise comply with Section 409A. The Plan and all Awards shall be
interpreted in accordance with such intent. To the extent that any Award is determined to constitute “nonqualified deferred
compensation” within the meaning of Section 409A (a “409A Award”), the Award shall be subject to such
additional rules and requirements as specified by the Administrator from time to time in order to comply with Section 409A. In this
regard, if any amount under a 409A Award is payable upon a “separation from service” (within the meaning of Section
409A) to a grantee who is then considered a “specified employee” (within the meaning of Section 409A), then no such
payment shall be made prior to the date that is the earlier of (i) six months and one day after the grantee’s separation from
service, or (ii) the grantee’s death, but only to the extent such delay is necessary to prevent such payment from being
subject to interest, penalties and/or additional tax imposed pursuant to Section 409A. Further, the settlement of any 409A Award may
not be accelerated except to the extent permitted by Section 409A.

 

	SECTION 15.	TERMINATION
                                            OF SERVICE RELATIONSHIP, TRANSFER, LEAVE OF ABSENCE, ETC.

 

(a)             Termination
of Service Relationship. If the grantee’s Service Relationship is with an Affiliate and such Affiliate ceases to be an Affiliate,
the grantee shall be deemed to have terminated his or her Service Relationship for purposes of the Plan.

 

(b)            
For purposes of the Plan, the following events shall not be deemed a termination of a Service Relationship:

 

(i)                
a transfer to the employment of the Company from an Affiliate or from the Company to an Affiliate, or from one Affiliate to another;

 

(ii)             
an approved leave of absence for military service or sickness, or for any other purpose approved by the Company, if the employee’s
right to re-employment is guaranteed either by a statute or by contract or under the policy pursuant to which the leave of absence was
granted or if the Administrator otherwise so provides in writing;

 

(iii)           
an employee becoming a Consultant or a Non-Employee Director upon the termination of such employee’s employment, unless otherwise
determined by the Administrator, in its sole discretion; or

 

(iv)            
a Consultant or a Non-Employee Director becoming an employee.

 

	SECTION 16.	AMENDMENTS
                                            AND TERMINATION

 

The Board may, at any time,
amend or discontinue the Plan and the Administrator may, at any time, amend or cancel any outstanding Award for the purpose of
satisfying changes in law or for any other lawful purpose, but no such action shall materially and adversely affect rights under any
outstanding Award without the holder’s consent. The Administrator is specifically authorized to exercise its discretion to
reduce the exercise price of outstanding Stock Options or Stock Appreciation Rights or effect the repricing of such Awards through
cancellation and re-grants or exchange. To the extent required under the rules of any securities exchange or market system on which
the Stock is listed, to the extent determined by the Administrator to be required by the Code to ensure that Incentive Stock Options
granted under the Plan are qualified under Section 422 of the Code, Plan amendments shall be subject to approval by Company
stockholders. Nothing in this Section 16 shall limit the Administrator’s authority to take any action permitted pursuant to
Section 3(b) or 3(c).

 

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	SECTION 17.	STATUS
OF PLAN

 

With respect to the portion of any Award that has
not been exercised and any payments in cash, Stock or other consideration not received by a grantee, a grantee shall have no rights greater
than those of a general creditor of the Company unless the Administrator shall otherwise expressly determine in connection with any Award
or Awards. In its sole discretion, the Administrator may authorize the creation of trusts or other arrangements to meet the Company’s
obligations to deliver Stock or make payments with respect to Awards hereunder, provided that the existence of such trusts or other arrangements
is consistent with the foregoing sentence.

 

	SECTION 18.	GENERAL
PROVISIONS

 

(a)             No Distribution. The Administrator may require each person acquiring Stock pursuant to an Award to represent to and agree
with the Company in writing that such person is acquiring the shares without a view to distribution thereof.

 

(b)            Issuance
of Stock. To the extent certificated, stock certificates to grantees under this Plan shall be deemed delivered for all purposes when
the Company or a stock transfer agent of the Company shall have mailed such certificates in the United States mail, addressed to the
grantee, at the grantee’s last known address on file with the Company. Uncertificated Stock shall be deemed delivered for all purposes
when the Company or a Stock transfer agent of the Company shall have given to the grantee by electronic mail (with proof of receipt)
or by United States mail, addressed to the grantee, at the grantee’s last known address on file with the Company, notice of issuance
and recorded the issuance in its records (which may include electronic “book entry” records). Notwithstanding anything herein
to the contrary, the Company shall not be required to issue or deliver any evidence of book entry or certificates evidencing shares of
Stock pursuant to the exercise or settlement of any Award, unless and until the Administrator has determined, with advice of counsel
(to the extent the Administrator deems such advice necessary or advisable), that the issuance and delivery is in compliance with all
applicable laws, regulations of governmental authorities and, if applicable, the requirements of any exchange on which the shares of
Stock are listed, quoted or traded. Any Stock issued pursuant to the Plan shall be subject to any stop-transfer orders and other restrictions
as the Administrator deems necessary or advisable to comply with federal, state or foreign jurisdiction, securities or other laws, rules
and quotation system on which the Stock is listed, quoted or traded. The Administrator may place legends on any Stock certificate or
notations on any book entry to reference restrictions applicable to the Stock. In addition to the terms and conditions provided herein,
the Administrator may require that an individual make such reasonable covenants, agreements, and representations as the Administrator,
in its discretion, deems necessary or advisable in order to comply with any such laws, regulations, or requirements. The Administrator
shall have the right to require any individual to comply with any timing or other restrictions with respect to the settlement or exercise
of any Award, including a window-period limitation, as may be imposed in the discretion of the Administrator.

 

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(c)              
 Stockholder Rights. Until Stock is deemed delivered in accordance with Section 18(b), no right to vote or receive dividends
or any other rights of a stockholder will exist with respect to shares of Stock to be issued in connection with an Award, notwithstanding
the exercise of a Stock Option or any other action by the grantee with respect to an Award.

 

(d)              
Other Compensation Arrangements; No Employment Rights. Nothing contained in this Plan shall prevent the Board from adopting
other or additional compensation arrangements, including trusts, and such arrangements may be either generally applicable or applicable
only in specific cases. The adoption of this Plan and the grant of Awards do not confer upon any employee any right to continued employment
with the Company or any Subsidiary.

 

(e)              
Trading Policy Restrictions. Option exercises and other Awards under the Plan shall be subject to the Company’s insider
trading policies and procedures, as in effect from time to time.

 

(f)               
Clawback Policy. Awards under the Plan shall be subject to the Company’s clawback policy, as in effect from time to
time.

 

(g)              
Severability. If all or any part of this Plan is declared by any court or governmental authority to be unlawful or invalid,
such unlawfulness or invalidity shall not serve to invalidate any portion of this Plan not declared to be unlawful or invalid. Any Section
or part of a Section so declared to be unlawful or invalid shall, if possible, be construed in a manner that will give effect to the terms
of such Section or part of a Section to the fullest extent possible while remaining lawful and valid.

 

(h)              
Failure to Comply. In addition to the remedies of the Company elsewhere provided for herein, failure by a grantee to comply
with any of the terms and conditions of the Plan or any Award Certificate, unless such failure is remedied by such grantee within ten
days after having been notified of such failure by the Administrator, shall be grounds for the cancellation and forfeiture of such Award,
in whole or in part, as the Administrator, in its sole discretion, may determine.

 

(i)                 Changes
in Status & Leaves of Absence. The Administrator shall have the discretion to determine (whether by establishing a policy
applicable to the treatment of any or all Awards in such circumstances, or by making an individualized determination) at any time
whether and to what extent any tolling, reduction, vesting-extension, forfeiture or other treatment should be applied to an Award in
connection with a participant’s leave of absence or a change in a participant’s regular level of time commitment to the
Company (e.g., in connection with a change from full-time to part-time status); provided, however, that the Administrator
shall not have any such discretion (whether pursuant to a policy or specific determination) to the extent that the grant of such
discretion would cause any tax to become due under Section 409A of the Code; and provided, further, that in the absence of a
determination to the contrary by the Administrator, vesting shall continue during any paid leave and shall be tolled during any
unpaid leave (in all cases, unless otherwise required by applicable laws). In the event of any such tolling, forfeiture, reduction
or extension, the grantee shall have no right to the portion of the Award so tolled, forfeited, reduced or extended (except for the
right that remains, if any, after the application of such action).

 

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	SECTION 19.	STATUS
UNDER ERISA

 

The Plan shall not constitute an “employee
benefit plan” for purposes of Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended.

 

	SECTION 20.	EFFECTIVE
DATE OF PLAN

 

This Plan shall become effective upon the date
immediately preceding the Closing Date subject to prior stockholder approval in accordance with applicable state law, the Company’s
bylaws and articles of incorporation, and applicable stock exchange rules. No grants of Stock Options and other Awards may be made hereunder
after the tenth anniversary of the Effective Date and no grants of Incentive Stock Options may be made hereunder after the tenth anniversary
of the date the Plan is approved by the Board.

 

	SECTION 21.	GOVERNING
LAW

 

This Plan and all Awards and actions taken thereunder
shall be governed by, and construed in accordance with, the laws of the State of Delaware, applied without regard to conflict of law principles.

 

DATE APPROVED BY BOARD OF DIRECTORS: JUNE 4, 2021

 

DATE APPROVED BY STOCKHOLDERS: JUNE 29, 2021

 

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