Document:

EX-10.18

 Exhibit 10.18 

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 ONLINE COURSE HOSTING & PLATFORM SERVICES AGREEMENT 

This ONLINE COURSE HOSTING AND PLATFORM SERVICES AGREEMENT, made effective as of October 1, 2020 (the “Effective
Date”), is between Coursera, Inc., a Delaware corporation, with a principal place of business at 381 E. Evelyn Ave., Mountain View, CA 94041 (“Coursera”) and DeepLearning.AI Corp., with a principal place of
business in Nevada (“Partner”). Each of Coursera and Partner may hereinafter be referred to as a “Party,” and collectively, the “Parties”. 

BACKGROUND 

WHEREAS, Coursera has developed a proprietary platform (“Platform”) to host multi-media courses
(“Courses”) for consumption by end users (“Learners”) via Coursera’s properties (e.g., the Coursera website, mobile apps, and APIs; collectively, the “Coursera
Properties”); 
 WHEREAS, Partner desires to use the Platform to support online Course content (“Course
Content”) development by its instructors and license to Coursera certain rights in such Course Content; 
 WHEREAS,
Partner provides to Coursera significant marketing and course support services (“Partner Services”) in connection with providing these Courses on the Platform and the parties desire to ensure that the Partner Services
maintain their current service level; and 
 WHEREAS, Coursera makes available various forms of Platform Services through or in
connection with its Platform (“Platform Services”), and Partner desires to obtain such Platform Services, subject to the terms and conditions contained herein. 

NOW, THEREFORE, in consideration of the mutual promises set forth herein, the sufficiency of which are hereby acknowledged, the Parties
hereby agree as follows: 
 AGREEMENT 

1. COURSE CONTENT. 
 1.1 Course
Specifications. Before Coursera, at its option, launches any Partner Course on the Platform, the Parties must agree on applicable Course specifications, including Course details, duration, launch date, and related matters. 

1.2 Course Required Criteria. Courses available on the Platform must meet certain minimum standards (“Course
Criteria”): 
  

	 	a.	 Courses must meet high academic standards; 

 

	 	b.	 Courses must use multi-media content in a coherent, high production-value presentation;

  

	 	c.	 Courses must include grading functionality; 

 

	 	d.	 Courses must support
peer-to-peer interaction activities as well as new and innovative social collaboration methods; 

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	 	e.	 Courses must support Coursera pricing initiatives, including premium grading, geo- pricing, enterprise pricing, volume discounts, and subscriptions; and 

  

	 	f.	 Courses must be taught by a qualified, respected, and engaging individual chosen by the Partner
(“Instructor”). 

 1.3 Instructor Consent and Required Releases. Before uploading Course
Content to the Platform, or allowing its Instructors to do so, Partner will ensure that it has obtained the required licenses and rights to the Course Content as well as a release of liability from the Instructor(s), any guest presenters, and any
participants by having each Instructor, presenter, or participant, as applicable, sign the relevant Instructor Release, Guest Presenter Release, Participant Release, or other appropriate release and providing a copy of same to Coursera. The releases
are attached as Exhibits A1-3 and can also be made available electronically upon request. As between Partner and Coursera, Partner will be responsible for reviewing and obtaining any necessary
licenses, waivers, or permissions with respect to any third-party rights to Course Content provided by Partner. 
 1.4 Course Content
Collaboration. Partner will designate a main point of contact (“PoC”), project manager, and/or other individuals as requested by Coursera to enable Course Content creation and collaboration on matters pertaining to the
Parties’ duties under the Agreement. Coursera will designate a dedicated partnership manager as the primary contact for Partner on any issues relating to the Course Content, Course administration, and any related matters. Guidelines for the
creation of Partner’s administrative contacts can be found at https://legal.coursera.org/administrativeteam.html. 
 1.5
Course Development Timeline. Partner will provide Course Content to Coursera for review sufficiently in advance of launch of the Course on the Coursera Platform and in accordance with the timelines and related guidelines issued by Coursera. 

1.6 Content Appropriateness. 

a. Coursera reserves the right to remove Course Content from its Platform that: 

 

	 	i.	 is of low technical quality or otherwise fails to meet Course Criteria; 

 

	 	ii.	 constitutes inappropriate advertising content (as opposed to content with a direct pedagogical purpose);

  

	 	iii.	 Coursera reasonably determines may violate applicable law; or 

 

	 	iv.	 is in violation of any of Partner’s policies governing Instructor, presenter, or student behavior.
Partner will make a copy of such policies available to Coursera upon request. 

 b. Coursera will endeavor to work
collaboratively with Partner on Course Content takedown decisions, but reserves the right to temporarily suspend reasonably objectionable Course Content, pending discussions with the appropriate Partner representative regarding the content. 

1.7 Course Availability. 

a. Once enrollment for a Course has begun, Partner may not remove, block, or suspend access, or authorize an Instructor to remove,
block, or suspend access, to the Course Content prior to the scheduled end date of the Course. 

  
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 b. Partner agrees to make the Course Content launched hereunder available on Coursera
properties for at least three years from the initial date the specific video, assessment, or other Course Content first becomes publicly available on the Coursera properties. Thereafter, Partner may request that Coursera remove such Course Content,
provided that Partner must provide sixty (60) days prior written notice (the “Notice”). Coursera will have the right to continue to provide the relevant Course Content for a reasonable period, not to exceed twelve
(12) months (the “Wind Down Period”) from Coursera’s receipt of the Notice (the “Notice Date”), to Learners who are (i) enrolled in the Course or Course Content as of the Notice Date;
(ii) a part of organizations with outstanding contracts with Coursera as part of the Coursera for Business or related programs as of the Notice Date; and (iii) Coursera Plus subscribers or similar catalog-wide subscription offerings made
available by Coursera as of the Notice Date. 
 1.8 Reserved. 

1.9 Third Party Claims. Should either Party receive a written notice from a third party alleging infringement of its intellectual
property rights arising from the Course Content uploaded to the Platform, or receive notice of a governmental inquiry relating to the Course Content, that Party will promptly notify the other Party and the Parties may agree to remove the Course
Content subject to the claim or inquiry from the Platform. 
 2. CONTENT RIGHTS. 

2.1 Course Content. As between the Parties, Partner retains all rights in the Partner Course Content and the Partner Services (except,
in each case, for the license rights granted in this Agreement). 
 2.2 Learner Content. The Parties acknowledge that each Learner
retains all rights in content created by the Learner as part of a Course, such as submitted homework, forum posts, and the like (“Learner Content”). Accordingly, Learner Content may only be used with the appropriate Learner
consent, which may be stipulated in advance by the Instructor at the time the Learner begins a Course. Coursera will proactively obtain Learner Consent for Partner to use Learner Content for and in courses exclusively with its Registered Students.

 2.3 Other Content. As between the Parties, Coursera and its licensors retain all rights in the Platform, Coursera Properties,
Platform Services, other Coursera products, and all content (other than the Partner Course Content and Learner Content) used or created in connection with the foregoing, including ownership of enhancements to the Partner Course Content not provided
by Learners as part of the Course, such as Course Content translations provided by Coursera through crowdsourcing, translation vendors, or other means (the “Course Enhancements”). 

2.4 Limitations on Use of Course Enhancements. Notwithstanding Section 2.3 above, Coursera shall not use Course Enhancements for
any purpose not related to the offering of the Course on the Coursera Properties or for purposes not specifically authorized by Partner. 

2.5 No Other Restrictions. Nothing in this Agreement restricts Coursera from using content that is not Partner Course Content. Except
under Section 1.9, this Agreement does not limit the rights and permissible uses that either party would have independent of this Agreement, including rights under the U.S. Copyright Act or other applicable intellectual property laws. 

  
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 3. LICENSE GRANTS. 

3.1 Content Licenses. 

a. License to Course Content. In consideration for the License Fees as set forth in Partner grants to Coursera a nonexclusive, sub-licensable, worldwide license to copy, distribute, modify, create derivative works based on, publicly perform, publicly display, and otherwise use Partner Course Content on Coursera Properties and for reasonable
marketing purposes. If Course Content is incorporated during the Term into fixed media displays of Coursera products (for example, screenshots or video demonstrations of Coursera products for marketing purposes in television broadcasts, print media,
or other fixed media), this license will be perpetual and irrevocable for those fixed media uses. 
 b. License to Learner Content and
Course Enhancements. Coursera grants to Partner a nonexclusive, sub-licensable, worldwide license to copy, distribute, modify, create derivative works based on, publicly perform, publicly display, and
otherwise use Learner Content and Course Enhancements on the Platform and in courses exclusively for Registered Students, whether or not on the Platform. “Registered Students” means students who are currently enrolled at, and
registered to take courses offered by, Partner, including both on-site students and distance learning students enrolled for credit, provided that the number of distance learning students in any course does not
exceed the number of on-site students in that course. Partner may obtain additional licenses to Learner Content if it obtains Learner consent. 

3.2 Platform License. Subject to the terms and conditions of this Agreement, Partner and its Instructors will have the right to access
and use the Platform for purposes of uploading and managing Partner Course Content. Partner and its Instructors may also have the right to construct or provide additional software of value for use with one or more Courses, which software will
connect with the Platform via APIs provided by Coursera. Coursera is hereby granted a royalty-free and nonexclusive license to use any such software, interfaces or assessment features for the duration of the applicable Course(s). Partner will not,
and will not permit any Instructor or other representative to: (i) decompile, disassemble, reverse engineer, or otherwise attempt to derive the source code for the Platform; or (ii) modify, adapt, alter, or create derivative works of the
Platform. 
 3.3 Marks Usage License. Each Party grants the other a non-exclusive, non-assignable, limited, worldwide license (without right to sublicense) to use its name, brand name, service marks and logos (the “Marks”) solely in connection with the offering of Course
Content, on the certificates issued to Learners who successfully complete a Course (or bundled Course offering), and in the marketing, promotion, and advertising of each Party’s brand and Platform Services, solely in accordance with the
granting Party’s policies and guidelines. Partner’s logo and trademark usage policies are provided below, and may be updated from time to time. Coursera’s trademark usage guidelines are located at:
http://legal.coursera.org/branding.html. The Parties agree that any and all permitted use of the other Party’s Marks and any goodwill established in connection therewith will inure to the exclusive benefit of the granting Party. The
Marks of a granting Party are and will remain the sole and exclusive property of that Party. 

  
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		  	 Two versions shown here, depending on desired

background color.
  

	Partner Logo:	  	  
 

	 Partner Trademark

Guidelines:
	  	(Not applicable)

 3.4 Grant of Course Certificates. The Parties agree that in connection with the licenses granted in
Section 3.3 above, Partner agrees that Coursera may issue certificates to Learners who have signed up for a Partner Course (or bundled Course offering) and who have completed the requirements associated with the certificate paid service for the
Course (or bundled Course offering) (such paid service, the “Certificate Service”). The certificates associated with the Certificate Service shall include Partner’s logo and wording substantially similar to the
following, or other language as may be approved in advance by the Parties: 

  
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 [Name of Student] has successfully completed the course, [Course Name], an online, non- credit course authorized by deeplearning.ai and offered through Coursera. 
 3.5 No Implied
Licenses. Except as otherwise expressly granted in this Agreement, no license or other rights under a Party’s intellectual property rights is granted to the other Party, by implication, estoppel or otherwise. 

4. PARTNER SERVICE. 
 a. Partner
Services. Partner shall perform the following Partner Services for Coursera in connection with the hosting of Partner Course Content on the Platform: (i) supporting course operations of Partner’s Courses, including monitoring and
participating as necessary in discussions on the Coursera Platform or elsewhere for key issues or problems raised by Learners, and identifying technical issues with course operations where appropriate to ensure bugs are fixed; (ii) supporting
provision of the Course to Learners, including responding to selected Learner posts, sending messages to Learners to encourage and/or increase engagement, and organizing Learner community activities; and (iii) determining appropriate methods of
marketing by Partner of the Course Content and engaging in related marketing and promotional activities with respect to the Courses and the Platform as a whole, including promoting the Courses on social media, promoting Courses on Partner’s
emails or other newsletters, organizing events to propose the Courses, and creating marketing content (such as blogs, videos, interviews, or other forms of content) to engage potential Learners taking Partner’s Courses on the Platform. 

b. Standard of Performance. Partner shall use commercially reasonable efforts to perform the Partner Services for Coursera with normal
care and diligence. In providing the Services, Partner shall comply at all times with applicable laws, rules and regulations. 
 5. COURSERA PLATFORM
SERVICES. 
 5.1 Course Monitoring and Analytics. 

c. Forums. Certain Courses may provide functionality for interactive forums through which Learners can interact with each other and with
Instructors to discuss a Course. Partner will make reasonable efforts to monitor the respective forum to ensure that material Course errors, Quality Standards or other issues are identified and addressed. 

d. Analytics and Scores. Coursera will administer assessments and make available to Partner certain aggregate raw data and analytics
regarding Learner behavior and performance for Partner Courses, which will include information on any of the following: Learner demographics, module usage, aggregate assessment scores and reviews. Partner agrees that its use of such data shall be in
accordance with Coursera’s Privacy Policy located at: https://www.coursera.org/about/privacy. 

  
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 5.2 Accessibility for Learners with Disabilities. 

a. Coursera Responsibilities. Coursera will use commercially reasonable efforts to ensure that the Coursera Platform will comply with
the Web Content Accessibility Guidelines 2.1 “AA” standards or the latest reasonable commercial standard. Coursera will: (i) use commercially reasonable efforts to make the Platform reasonably accessible to Learners with disabilities,
(ii) proactively provide captioning for Partner Courses offered to the public whose initial enrollment is above 10,000 Learners, and provide such captioning for Partner Courses whose initial enrollment is smaller, in a timely manner, upon
request by an Learner with a disability, (iii) provide Partner with text transcripts of captions to facilitate Partner’s creation of audio captions for visual elements of its Course Content, to the extent such text transcripts have been
created by Coursera, and (iv) provide a capability for collecting and displaying “crowd-sourced” annotations to Partner Course Content. Partner will provide assistance to Coursera as reasonably necessary for Coursera to fulfill its
obligations under this paragraph. 
 b. Partner Responsibilities. Partner acknowledges and agrees that all Course Content, including
plug ins, videos, or any Platform Services or materials provided or authorized by Partner as part of the Course Content will use commercially reasonable efforts to comply with the Web Content Accessibility Guidelines 2.1 “AA” standards, or
the latest reasonable commercial standard. Partner is responsible for complying with all applicable laws and regulations with respect to Course Content-based accommodations for Learners with disabilities. Upon request, Coursera will provide
assistance to Partner in providing such accommodations, for a fee to be mutually agreed upon. 
 c. Protocol for Accessibility to End
Users with Disabilities. The Parties will cooperate to establish and maintain a set of protocols to address accessibility by end users with disabilities, available at: http://legal.coursera.org/accessibility.html 

5.3 Registered Student Model. Partner may also choose to provide its Registered Students with access to a reasonable number of mutually
agreed-upon Courses that do not exist in an open-content format on the Platform (“Registered Student Courses”). To the extent Partner wishes to offer more Registered Student Courses than Coursera is willing to host at no cost
on the Platform, the Parties will negotiate the applicable fees. 
 6. PAYMENTS. 

6.1 Monetization Models. 

a. Partner agrees that each Partner Course (or bundled offering including a Partner Course), other than Registered Student Courses, may
participate in Coursera’s Certificate Service (or any successor service thereto). In consideration for the license to use the Partner Course Content pursuant to Section 3.1(a), Partner will receive twenty five precent (25%) of Net Sales
Revenue received for each Learner that opts into and pays for the Certificate Service for a Partner Course (“License Fee”). In compensation for the Partner’s ongoing provision of the Partner Services set forth in Article 4, Partner
will receive twenty five precent (25%) of Net Sales Revenue received for each Learner that opts into and pays for the Certificate Service for a Partner Course (“Partner Services Fee”). “Net Sales Revenue” means
Certificate Service sales receipts attributable to a Partner Course that are past the refund period, less any taxes, distribution costs (e.g., costs associated with online advertising and with Apple iTunes and other third party marketplaces) payable
to third parties, and Platform support costs in excess of the norm (e.g., costs associated with scaling Jupyter Notebooks server support). 

  
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 b. To the extent Partner generates revenue directly from Learners (other than
Registered Students) through the offering of Courses on the Platform, Partner agrees to provide Coursera with a percentage of revenue received, as mutually agreed to by the Parties in an addendum to this Agreement, unless otherwise agreed. 

6.2 Payment Terms. 
 a.
Electronic Fund Transfer Information. Partner must provide Coursera with its wire transfer information, including bank account details and wire instructions in order to allow Coursera to send Partner its License Fee and Partner Services Fee. The
EFT Information form is located at: http://legal.coursera.org/eft.pdf. Coursera will ensure that such information is only shared with authorized employees and contractors and will treat such information as Confidential Information. 

b. Taxes. Each Party will be responsible for the payment of all federal, state, and local sales, use, value added, or other taxes that
are levied or imposed on it by reason of the transactions under this Agreement (other than for taxes based on the other Party’s income). If a Party is required to pay any such taxes for which the other Party is responsible, then the taxes will
be billed to and paid by such other Party. 
 7. CONFIDENTIALITY AND PUBLICITY. 

7.1 Definition. “Confidential Information” means information disclosed by (or on behalf of) one party to the other party under
(or in connection with) this Agreement that is marked as confidential or would normally under the circumstances be considered confidential information of the disclosing party, but in any event, Confidential Information does not include information
that the recipient already knew, that becomes public through no fault of the recipient, that was independently developed by the recipient or that was lawfully given to the recipient by a third party. 

7.2 Confidentiality Obligations. The recipient of any Confidential Information will not disclose that Confidential Information except to
affiliates, employees, agents and professional advisors who need to know it and who have agreed in writing (or in the case of professional advisors are otherwise bound) to keep it confidential. The recipient will ensure that those people and
entities use such Confidential Information only to exercise rights and fulfill obligations under this Agreement, while using reasonable care to protect it. The recipient may also disclose Confidential Information when required by law after giving
reasonable notice to the discloser, if permitted by law. 
 7.3 Return. Each Party hereby agrees to, within 30 days after Termination
of the Agreement: (i) return all documents and tangible items it or its employees or agents have received or created pursuant to this Agreement pertaining, referring or relating to the other Party’s Confidential Information and
(ii) return or certify in a writing attested to by a duly authorized officer of such Party that it has destroyed all copies thereof. 

7.4 Publicity. Neither party may make any public statement regarding the relationship contemplated by this Agreement without the
other’s prior written approval. 

  
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 8. LEARNER DATA. 

8.1 Compliance with Law. Each Party’s use of Learner data and other information, including emails, will be subject to the Coursera
Privacy Policy and all applicable laws, including anti-spam legislation in any jurisdiction the Course Content is available to Learners (e.g., Canada’s Anti-Spam Law). For the avoidance of doubt, where applicable law mandates express consent
from the Learner prior to sending marketing communications to the Learner, and the disclosure of such use in Coursera’s Privacy Policy or otherwise by Coursera does not by itself satisfy the requirements such law, Partner must obtain the
appropriate consent directly from Learners. In addition, Partner agrees to: (a) use Learner information only for purposes set out in this Agreement; (b) implement reasonable and appropriate technical and organizational measures to protect
Learner’s personal information received from Coursera for loss, misuse and unauthorized access, disclosure, alteration and destruction; (c) upon request, provide Learners with access to their personal information included in Learner data,
as well as the ability to correct or delete it; and (d) make readily available to Learners a fair and objective recourse mechanism whereby they may submit complaints with respect to the handling of their personal information. 

8.2 Allowable Marketing. Partners may only send emails to Learners regarding Partner- sponsored activities and such emails must be
consistent with Partner’s high standards and not impose an unreasonable intrusion on a Learner’s time or resources. 
 8.3
Targeted Marketing. Partner agrees it will only send emails to Activated Learners. “Activated Learners” means Coursera Learners who have enrolled in and meaningfully engaged in Partner’s Course within the last two
years (e.g., have watched at least 30 minutes of video lectures). 
 8.4 Confidentiality. 

a. Partner Responsibilities. Partner will treat as Confidential Information any and all Learner data or information received from
Coursera. In connection therewith, Partner agrees that it shall not use Learner emails or other information received hereunder to directly promote any massive open online course on a platform that is competitive to Coursera. 

b. Coursera Responsibilities. Coursera will treat as Confidential Information any and all Learner data or information received from
Partner or Learners who can be identified at the account level as Registered Students, and will not disclose this information to any third party without permission from Partner. Except with the prior consent of Partner, Coursera will not contact
Learners subject to the Registered Student Model other than regarding routine administrative matters, including site maintenance. 
 8.5
Research. Coursera will share Learner information with researchers, and any research or experimentation on Learners through the Platform will be conducted, pursuant to the Coursera Research Policy available at:
http://legal.coursera.org/research.html. Amendments to the Research Policy will be approved by the University Advisory Board, or a committee appointed by the University Advisory Board. 

9. REPRESENTATIONS AND WARRANTIES. 

9.1 Mutual Representation. Each party represents and warrants that it has full power and authority to enter into this Agreement. 

  
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 9.2 Representations by Partner. Partner further represents and warrants to Coursera
that: (a) all Instructors or guest presenters providing any Course Content for use on the Platform have delivered the applicable Instructor Consent and Release, Guest Presenter Agreement, or Participation Release as set forth in Exhibits A1-3 or other appropriate release; (b) to its knowledge, use of the Course Content on the Platform will not infringe the intellectual property rights of a third party; and (c) all Courses provided
by Partner for use with the Platform satisfy the Course Criteria. 
 9.3 Representation by Coursera. Coursera further represents and
warrants to Partner that, to its knowledge, use of the Platform by Partner or Instructors will not infringe the intellectual property rights of a third party. 

10. DISCLAIMERS; LIMITATION OF LIABILITY. 

10.1 DISCLAIMER OF WARRANTIES. THE PLATFORM SERVICES AND THE PLATFORM ARE PROVIDED BY COURSERA “AS IS” WITHOUT ANY WARRANTY OF
ANY KIND, INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR NON-INFRINGEMENT. COURSERA MAKES NO REPRESENTATIONS ABOUT ANY CONTENT OR INFORMATION MADE
ACCESSIBLE BY OR THROUGH ITS PRODUCTS AND PLATFORM SERVICES. 
 10.2 LIMITATION OF LIABILITY. EXCEPT FOR THE ITEMS IN SECTION 9.3: (A)
NEITHER PARTY WILL BE LIABLE (UNDER ANY THEORY OR CIRCUMSTANCE) FOR LOST REVENUES OR INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES; AND (B) NEITHER PARTY’S AGGREGATE LIABILITY FOR ANY CLAIM ARISING OUT OF OR
RELATED TO THIS AGREEMENT WILL EXCEED THE REVENUE RECEIVED, RECOGNIZED, AND RETAINED BY SUCH PARTY IN CONNECTION WITH THE MONETIZATION OF PARTNER COURSES UNDER THIS AGREEMENT IN THE 12 MONTHS PRECEDING THE DATE ON WHICH THE CLAIM FOR DAMAGES OR
LIABILITY AROSE. 
 10.3 EXCLUSIONS. Nothing in Section 9.2 above excludes or limits either party’s liability for:
(a) fraud or fraudulent misrepresentation; (b) breach of confidentiality obligations; (c) obligations under Section 10 (Indemnification); and (d) matters that cannot be excluded or limited under applicable law. 

11. INDEMNIFICATION. 
 11.1
Indemnification by Partner. Partner will indemnify, defend, and hold harmless Coursera, its affiliates, and each of their officers, directors, employees, and agents (the “Coursera Indemnitees”) from and against any and
all losses, damages, costs, expenses (including reasonable attorneys’ fees and expenses), or other liabilities (“Losses”), arising out of or resulting from any third-party claim asserted against any Coursera Indemnitee
to the extent relating to: (a) any Course Content, including any violation or infringement of any third-party intellectual property rights or claims of defamation, invasion of privacy, right to publicity, or unfair competition; or
(b) marketing communications to Learners by Partner that are claimed by such third party to be in violation of applicable law. 

  
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 11.2 Indemnification by Coursera. Coursera will indemnify, defend, and hold harmless
Partner and its officers, trustees, employees, and agents (the “Partner Indemnitees”) from and against any and all Losses, arising out of or resulting from any third-party claim asserted against any Partner Indemnitee to the
extent relating to: (a) any content on the Platform not provided by Partner (including Instructors or any guest presenters), end users, or other third parties (such as other universities), including any violation or infringement of any
third-party intellectual property rights or claims of defamation, invasion of privacy, right to publicity, or unfair competition; or (b) marketing communications to Learners by Coursera that are claimed by such third party to be in violation of
applicable law. 
 11.3 Procedures. Each Party’s right to indemnification under this section is conditioned on the Party seeking
indemnification (“Indemnified Party”): (a) giving prompt written notice of, and tendering any such claim to, the other Party (“Indemnifying Party”); (b) permitting the Indemnifying Party to solely
defend or settle any such claim at its sole expense, provided, however, that (i) the Indemnifying Party will not enter into any settlement agreement that would result in any admission by the Indemnified Party or payment by the Indemnified Party
without the Indemnified Party’s prior written consent, and (ii) the Indemnified Party may at its election participate in the defense of such claims through separate counsel at its own expense; and (c) providing the Indemnifying Party
all reasonable assistance (at the expense of the Indemnified Party) in connection with the defense or settlement of any such claims. THE INDEMNITIES ABOVE ARE THE ONLY REMEDY UNDER THIS AGREEMENT FOR VIOLATION OF A THIRD PARTY’S INTELLECTUAL
PROPERTY RIGHTS. 
 12. TERM AND TERMINATION. 

12.1 Term. This Agreement will commence on the Effective Date and will continue in effect until terminated as set forth below (the
“Term”). 
 12.2 Termination. 

a. Termination for Cause. Either Party may terminate this Agreement, upon written notice to the other Party: (a) if such other
Party commits a material breach of this Agreement, which breach is not cured within thirty (30) days of receipt of written notice of such breach from the non-breaching Party; (b) immediately if such
other Party has a receiver appointed, or an assignee for the benefit of creditors or in the event of any insolvency or inability to pay debts as they become due, except as may be prohibited by applicable bankruptcy laws; or (c) immediately if
the acts or omissions of such other Party adversely or negatively cause or result in material damage to or loss of a Party’s reputation. 

b. Termination without Cause. Either Party may terminate this Agreement upon providing at least ninety (90) days’ prior
written notice of such termination to the other Party. 
 c. Consequences of Termination. Termination of this Agreement for any reason
does not relieve either Party of its obligation to pay any amounts owed to the other Party that became due prior to such termination. Upon any termination of this Agreement, each Party will promptly return all Confidential Information (other than
this Agreement) of the other Party in its possession or control. In the event of termination of this Agreement by either Party, all rights and obligations under this Agreement will immediately cease, and Coursera will have no further obligation to
provide any of the Platform Services, except that Coursera is permitted to provide the relevant Course Content for a period equivalent to the Wind Down Period (as defined in the Course Availability and Wind Down Section) from the date of termination
to Learners who are (i) enrolled in the Course or Course Content as of the date of termination; (ii) a part of organizations with outstanding contracts with Coursera as part of the Coursera for Business or related programs as of the date
of termination; and (iii) Coursera Plus subscribers or similar catalog-wide subscription offerings made available by Coursera as of the date of termination. 

  
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 12.3 Surviving Provisions. The following provisions will survive any expiration or
termination of this Agreement: Sections 2, 3.1(a), 7, 8, and 10-13. 
 13. GENERAL TERMS. 

13.1 No Exclusivity. Nothing in this Agreement shall limit a Party’s ability to enter into arrangements and/or agreements with any
third party. 
 13.2 Notices. All notices must be in writing and addressed to the attention of the other Party’s legal department
and primary point of contact. Notice will be deemed given: (a) when verified by written receipt if sent by personal or overnight courier, when received if sent by mail without verification of receipt, or within five business days of posting if
sent by registered or certified post; or (b) when verified by automated receipt or electronic logs if sent by facsimile or by email to the fax number or email address, as applicable, explicitly provided by one Party to the other Party for this
purpose, provided that if a notice is sent by email to Coursera, a copy must also be sent to. 
  

					
		 	If to Coursera, at:	  	 Coursera, Inc.
 Attn: Legal
Department
 381 East Evelyn Avenue
 Mountain
View, CA 94041
 Phone:

			
		 	If to Partner, at:	  	 DeepLearning.AI Corp.
 768 Holcomb
Ave.
 Reno, NV 89502

 13.3 Assignment. Neither Party may assign or transfer any part of this Agreement without the written
consent of the other Party, except to an affiliate, but only if: (a) the assignee agrees in writing to be bound by the terms of this Agreement; and (b) the assigning Party remains liable for obligations incurred under the Agreement prior
to the assignment. Any other attempt to transfer or assign is void. For clarity, Partner may delegate or subcontract for the performance of some or all of the Partner Services to an affiliate of Partner, provided that Partner shall remain fully
responsible for such obligations and for ensuring that any such affiliate complies with its obligations hereunder. 
 13.4 Force
Majeure. Neither Party will be liable for inadequate performance to the extent caused by a condition (for example, natural disaster, act of war or terrorism, riot, labor condition, governmental action, and Internet disturbance) that was beyond
the Party’s reasonable control. 
 13.5 No Waiver. Failure to enforce any provision of this Agreement will not constitute a
waiver. 
 13.6 Severability. If any provision of this Agreement is found unenforceable, it and any related provisions will be
interpreted to best accomplish the unenforceable provision’s essential purpose. 

  
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 13.7 No Agency. The Parties are independent contractors, and this Agreement does not
create an agency, partnership, or joint venture. 
 13.8 No Third-Party Beneficiaries. There are no third-party beneficiaries to this
Agreement. 
 13.9 Equitable Relief. Nothing in this Agreement will limit either Party’s ability to seek equitable relief. 

13.10 Governing Law and Venue. This Agreement is governed by California law, excluding that state’s choice of law rules. FOR ANY
DISPUTE RELATING TO THIS AGREEMENT, THE PARTIES CONSENT TO PERSONAL JURISDICTION IN, AND THE EXCLUSIVE VENUE OF, THE COURTS IN SANTA CLARA COUNTY, CALIFORNIA. 

13.11 Waiver of Trial by Jury. Each Party irrevocably waives any and all rights to a trial by jury in any legal proceeding arising out
of or relating to this Agreement. 
 13.12 Amendment. Any amendment must be in writing and expressly state that it is amending this
Agreement. 
 13.13 Entire Agreement. This Agreement, and all documents referenced herein, is the Parties’ entire agreement
relating to its subject and supersedes any prior or contemporaneous agreements on that subject. 
 13.14 Counterparts. The Parties may
enter into this Agreement in counterparts, including facsimile, PDF, or other electronic copies, which taken together will constitute one instrument. 

13.15 Compliance with Laws. Each Party will comply with all federal, state and local laws and regulations, as amended from time to time,
applicable to such Party’s performance of its obligations under this Agreement. 
 [Remainder of page intentionally left blank] 

  
 13 

 Confidential 
  

 IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date.

  

			
	 COURSERA, INC.
  

By: /s/ Betty
Vandenbosch                                       
         
 Printed Name: Betty Bandenbosch

Title: Chief Content Officer
  

Date: 12/8/2020
	  	 Partner: DEEPLEARNING.AI CORP.
  

By: /s/ Ryan Keenan
                                         
               
 Printed Name: Ryan Keenan

Title: President
  

Date: 12/3/2020

 Confidential 
  

 Exhibit A-1 

Instructor Release 

 

Plain English Summary: 

In order to assist you, here’s a plain English summary of this agreement. 

As an instructor, you are agreeing to: 
  

	 	•	 Give DeepLearning.AI Corp. and Coursera the right to use the content and any new features you produce on the
Coursera platform; 

  

	 	•	 Make reasonable efforts to ensure that course content accommodates people with disabilities and does not
include inappropriate content; 

  

	 	•	 Not misuse your administrator access to the Coursera Platform; and 

 

	 	•	 Not hold Coursera responsible for any legal claims – either yours or someone else’s – related to
your content and use of the Coursera site. 

 This consent and release is made in reference to any course that is
being prepared for online distribution under an agreement between Coursera and DeepLearning.AI Corp. (the “Course Administrator”). I hereby grant Course Administrator the absolute right and permission to use, publicly
broadcast, distribute, reproduce and digitize any Content that I upload, share or otherwise provide in connection with the Course or my use of the Platform. “Content” means any information, data, works of authorship including
videos, lectures, course materials and syllabi. To the extent I create or develop any software, interfaces or assessment features for use in connection with the Course or the Platform (“New Features”), I hereby irrevocably
grant Course Administrator the right to use New Features in connection with the Course. Course Administrator will have the right to grant any or all of the foregoing rights and permissions to Coursera for the duration such Content is offered through
Coursera’s platform, and to other entities or persons in connection with any other distribution of the Course. 
 I represent that to
the best of my knowledge, I have all necessary right and authority to grant the rights herein granted with respect to the Content I upload, share or otherwise provide in connection with my use of the Platform. I further represent that I have used
and will use best efforts: (i) not to incorporate or use any libelous, slanderous or infringing Content; and (ii) to consider students with disabilities in the preparation and presentation of Content for such Course(s), such as verbally
describing visual elements for the visually impaired. 
 I agree further that to the extent I am provided administrator access to the
Coursera Platform for the purposes of loading Content I create, I shall utilize the Platform in strict accordance with Coursera’s Terms of Use. Specifically, I agree not to reverse engineer the Coursera Platform, access, tamper with, break or
circumvent security measures associated with the Platform, or otherwise test the vulnerability of the Coursera Platform, systems or networks unless specifically authorized to do so by Coursera. 

 Confidential 
  

 I hereby release, discharge, promise not to sue, and hold harmless Coursera and its
affiliates, successors and assigns from and against any and all claims, demands and/or causes of action arising out of or in connection with the exercise of any rights herein granted, including, without limitation, any claim for infringement, right
of publicity, libel, slander, defamation, moral rights, invasion of privacy or violation of any other rights relating to any Content I upload, share or otherwise provide in connection with use of the Platform. 

I certify and represent that I have read this Release and fully understand its meaning and effect. 

Instructor Printed Name:
                             

Instructor Signature:
                                    

Date:
                                        
                    

  
 16 

 Confidential 
  

 Exhibit A-2 

Guest Presenter Release 

 

Plain English Summary: 

In order to assist you, here’s a plain English summary of this agreement. 

As a guest presenter, you are agreeing to: 
  

	 	•	 Give DeepLearning.AI Corp. and Coursera the right to use the content and any new features you provide including
your name, image and likeness; 

  

	 	•	 Represent that you have the rights to grant the permissions you are granting; and 

 

	 	•	 Promise not to sue deeplearning.ai and Coursera over the content that you are voluntarily providing as part of
the Course. 

 I grant DeepLearning.AI Corp. (the “Course Administrator”) the right to use
my name, voice, image or likeness (whether still, photograph or video) and any Content I provide in connection with the preparation of the Content for the Course and the provision of the Course on the Coursera Platform. I also irrevocably grant
Course Administrator the right to grant any or all of the foregoing rights and permissions (i) to Coursera for the duration such Content is offered through the Platform, and (ii) to other entities or persons in connection with any other
distribution of the Course. “Content” means any information, data, works of authorship or other materials delivered in text, photographic, audio, visual or audiovisual format, including videos, lectures, course materials and
syllabi. “Platform” means Coursera’s proprietary software platform and algorithms used to host, transmit and make Content available via the Internet. 

I represent that to the best of my knowledge, I have all necessary right and authority to grant the rights herein granted with respect to the
Content I upload, share or otherwise provide in connection with my use of the Platform. I hereby release, discharge, promise not to sue, and hold harmless the Course Administrator and its affiliates, successors and assigns and any entity, including
Coursera, to which the Course Administrator may grant any right or permission authorized hereunder, from and against any and all claims, demands, costs and/or causes of action of any nature arising out of or in connection with the exercise of any
rights herein granted, including, without limitation, any claim for infringement, right of publicity, libel, slander, defamation, moral rights, invasion of privacy or violation of any other rights relating to the use of my name, voice, image or
likeness (whether still, photograph or video) in connection with the provision of the Course on the Platform or its distribution through other means. 

I certify and represent that I have read this Release and fully understand its meaning and effect. 

Guest Presenter Printed Name:
                                 

Guest Presenter Signature:
                                       

Date:
                                        
                                 

  
 17 

 Confidential 
  

 Exhibit A-3 

Participation Release 

 

Plain English Summary: 

In order to assist you, here’s a plain English summary of this agreement. 

As a Participant in the Course, you are agreeing to: 
  

	 	•	 Give deeplearning.ai and Coursera the right to use any content you provide including your name, image and
likeness; and 

  

	 	•	 Promise not to sue deeplearning.ai and Coursera over your voluntary participation in the Course.

 I hereby irrevocably grant DeepLearning.AI Corp. (the “Course Administrator”) the full
and absolute right to use my name, voice, image or likeness (whether still, photograph or video) in connection with the preparation of the Content for the Course and the provision of the Course on the Platform. I also irrevocably grant Course
Administrator the right to grant any or all of the foregoing rights and permissions (i) to Coursera for the duration such Content is offered through the Platform, and (ii) to other entities or persons in connection with any other
distribution of the Course. “Content” means any information, data, works of authorship or other materials delivered in text, photographic, audio, visual or audiovisual format, including videos, lectures, course materials and
syllabi. “Platform” means Coursera’s proprietary software platform and algorithms used to host, transmit and make Content available via the Internet. 

I hereby release, discharge, promise not to sue, and hold harmless the Course Administrator and its affiliates, successors and assigns and any
entity, including Coursera, to which Course Administrator may grant any right or permission authorized hereunder, from and against any and all claims, demands, costs and/or causes of action of any nature arising out of or in connection with the
exercise of any rights herein granted, including, without limitation, any claim for infringement, right of publicity, libel, slander, defamation, moral rights, invasion of privacy or violation of any other rights relating to the use of my name,
voice, image or likeness (whether still, photograph or video) in connection with the provision of the Course on the Platform or its distribution through other means. 

I certify and represent that I have read this Release, fully understand its meaning and effect, and have signed this Release intending to be
legally bound. The provisions hereof shall be binding upon me and my successors, heirs and assigns. 
 Participant Printed Name:
                                  

Participant Signature:
                                        

 Date:
                                        
                           

  
 18 

 CONFIDENTIAL 
  

 
 CO-BRANDED SPECIALIZATION AND MULTI-PARTY 

REVENUE SHARE ADDENDUM 
 This Co-Branded Specialization and Multi-Party Revenue Share Addendum (“Addendum”) is made effective as of the last date of execution below (“Addendum Effective Date”) and
is entered into between deeplearning.ai LLC, with a principal place of business at 195 Page Mill Rd. Suite 115, Palo Alto, CA 94306 (“deeplearning.ai LLC”) and Coursera, Inc., with offices at 381 E. Evelyn Ave, Mountain View,
CA 94041 (“Coursera”). Reference is made to the Online Course Hosting and Services Agreement between deeplearning.ai LLC and Coursera (the “Agreement”). The parties now wish to expand the scope of the
Agreement to include the provisions set forth below. Capitalized terms not defined herein shall have the meanings ascribed to them in the Agreement. 
  

	1.	 DEFINITIONS. The following capitalized terms used in this Addendum will have the following meanings:

  

	 	1.1	 “Specialization” means, for the purposes of this Addendum, a set and sequence or bundle
of Courses that shall be co-developed and co-branded by deeplearning.ai LLC and The Board of Trustees of the Leland Stanford Junior University (“Stanford”) and
offered on the Coursera Platform under the title, Machine Learning Specialization. 

  

	 	1.2	 “Courses” means, for the purposes of this Addendum, the Courses that shall be co- developed and co-branded by deeplearning.ai LLC and Stanford and offered on the Coursera Platform as part of the Specialization. 

 

	 	1.3	 “Coursera for Organizations” means, collectively, Coursera’s “Coursera for
Business,” and “Coursera for Governments and Nonprofits” programs. 

  

	2.	 COURSERA FOR ORGANIZATIONS. Consistent with the Agreement, deeplearning.ai LLC agrees that Coursera may
provide the Specialization and its related Course Content as a part of its Coursera for Organizations offerings. However, the Specialization shall not be sold through the Coursera for Campus program (i.e. sales to colleges and universities through
the Coursera for Organizations offerings). 

  

	3.	 REVENUE SHARE SPLIT. The deeplearning.ai LLC and Coursera each agree to divide the revenue share payable
by Coursera to deeplearning.ai LLC for the Specialization as described in Attachment A. The parties agree that Coursera will pay the quarterly Net Sales Revenue to be received by deeplearning.ai LLC and Stanford according to Attachment A to
Stanford; Stanford will then distribute deeplearning.ai LLC’s share to the deeplearning.ai LLC. deeplearning.ai LLC further acknowledges that it has separately and independently agreed with Stanford on the revenue share split as between
Stanford and deeplearning.ai LLC. 

  

	4.	 No further changes are made to the Agreements, and other than as specifically set forth in this Addendum, the
terms of the Agreement shall continue in full force and effect. 

 CONFIDENTIAL 
  

 IN WITNESS WHEREOF, the Parties have executed this Addendum as of the date(s) below. 

AGREED AND ACCEPTED BY: 
  

			
	 COURSERA, INC.
  

By: /s/ Betty
Vandenbosch                                       
 
 Printed Name: Betty Vandenbosch
 Title: Chief
Content Officer
  
 Date: 5/8/2020
	  	 DEEPLEARNING.AI
  

By: /s/ Andrew
Ng                                         
           
 Printed Name: Andrew Ng

Title: Managing Member
  

Date: 5/7/2020

 CONFIDENTIAL 
  

 ATTACHMENT A 

Machine Learning Specialization 
  

					
	 Deeplearning.ai LLC
	  	Revenue Split Percentage	 
	 Coursera
	  	 	40	% 
	 Stanford and deeplearning.ai
	  	 	60	%EX-10.20

 Exhibit 10.20 

COURSERA, INC. 

EXECUTIVE SEVERANCE PLAN 

This Executive Severance Plan (this “Plan”) is adopted by Coursera, Inc., a Delaware corporation (the “Company”),
effective immediately (the “Effective Date”). Those executive employees of the Company designated as “Executives” on Schedule A hereto, any successor to such Executives, and any employees of the Company subsequently named
a Senior Vice President or President (each an “Executive”) shall participate in the Plan. 
 The Leadership Development, Inclusion
and Compensation Committee (the “Committee”) of the Board Directors (“the Board”) of the Company may, in its sole and absolute discretion, designate additional executive employees of the Company to participate in the Plan. For
purposes of this Plan, all references to the Company shall include the Company’s affiliates and subsidiaries unless the context otherwise requires. 

RECITALS 
 It is
expected that the Company from time to time shall consider the possibility of restructuring within the Company or an acquisition by another company or other change in control. The Board recognizes that such consideration can be a distraction to the
Executive and can cause the Executive to consider alternative employment opportunities. The Board has determined that it is in the best interests of the Company and its stockholders to assure that the Company shall have the continued dedication and
objectivity of the Executive, notwithstanding the possibility, threat or occurrence of a restructuring or Change in Control of the Company. 

The Board believes that it is in the best interests of the Company and its stockholders to provide the Executive with an incentive to continue
the Executive’s employment with the Company and to motivate the Executive to maximize the value of the Company upon a Change in Control for the benefit of its stockholders. The Board believes that it is imperative to provide the Executive with
certain severance benefits upon the Executive’s termination of employment, including following a Change in Control. These benefits shall provide the Executive with enhanced financial security and an incentive and encouragement to remain with
the Company notwithstanding the possibility of a Change in Control. 
 Certain capitalized terms used in this Plan are defined in
Section 4 below. 
 PLAN 

1. General.  
 (a) Plan
Administration. The Plan shall be administered by the Committee. The Committee shall have the authority to amend, terminate and interpret the Plan, select and designate executive employees of the Company to participate in the Plan, and to make
any and all other determinations necessary or advisable for the administration of the Plan. For the avoidance of doubt, the Committee shall have the authority to amend or terminate the Plan at any time and for any reason; provided, however, that
except as otherwise permitted by the Plan or as required to comply with any applicable law, regulation or rule, the termination of the Plan, or any amendment thereof, shall not have a material adverse effect on the Executive’s benefits under
the Plan without the Executive’s consent. All determinations and interpretations of the Committee shall be final, binding, and conclusive as to all persons. The Committee may delegate any and all of its powers and responsibilities hereunder to
other persons and such persons shall have the full authority to exercise the duties so delegated. 

 (b) Term of Plan. The Plan shall have an initial term commencing on the Effective
Date and ending on the third (3rd) anniversary of the Effective Date (the “Initial Term”). At the end of the Initial Term, this Plan shall automatically renew for successive additional
terms of three (3) years (each, an “Additional Term”) on the same terms and conditions, unless this Plan is either terminated or amended by the Committee in its sole discretion at the end of the Initial Term or an Additional Term, in
which case this Plan shall either terminate at the end of the applicable term or continue under the new terms approved by the Committee. Notwithstanding the foregoing provisions, if a Change in Control occurs when there are fewer than twelve
(12) months remaining in the Initial Term or an Additional Term, as applicable, then such Initial Term or Additional Term, as applicable, shall extend automatically through the date that is twelve (12) months following a Change in Control.
If the Executive becomes entitled to benefits under Section 3 during the term of this Plan, this Plan shall not terminate with respect to such Executive until all of the obligations of the parties hereto with respect to this Plan have been
satisfied. 
 2. At-Will Employment. The Executive’s employment with the Company is “at-will” employment and may be terminated by the Company at any time with or without cause or notice. This Plan does not create any right to continued employment. Further, the Executive’s job
performance or promotions, commendations, bonuses or the like from the Company do not give rise to or in any way serve as the basis for modification, amendment, or extension, by implication or otherwise, of his or her employment with the Company.

 3. Severance and Termination. 

(a) Termination for Any Reason. In addition to any other benefits provided under this Section 3, if the Executive’s employment
with the Company is terminated by the Company or the Executive for any reason or without reason, the Executive shall be entitled to receive the Executive’s Accrued Compensation. The Executive’s Accrued Compensation shall be payable in
accordance with applicable law. 
 (b) Termination without Cause Not in Connection with a Change in Control. If the Executive’s
employment with the Company is terminated by the Company without Cause more than three (3) months prior to or more than twelve (12) months following a Change in Control, the Executive shall be entitled to (i) a lump sum payment equal
to the sum of (A) six (6) months of the Executive’s then current base salary, plus (B) an additional week of the Executive’s then current base salary for every full year the Executive was employed by the Company prior to such
termination, payable on the first business day after the sixtieth (60th) day following the Executive’s termination of employment, and (ii) if the Executive elects to continue health
insurance coverage under COBRA for the Executive and the Executive’s eligible dependents, then the Company will pay the COBRA premium for a period of six (6) months following the Executive’s termination of employment for such coverage
as of the date of the Executive’s termination, provided that the Executive shall be responsible for filing any necessary paperwork for COBRA coverage, payable commencing on the first business day after the sixtieth (60th) day following the
Executive’s termination of employment (with any COBRA payments delayed in accordance with this paragraph payable in a lump sum on such date and all other amounts payable thereafter in accordance with the applicable payment schedule). 

  
 2 

 (c) Change in Control Benefits. If the Executive’s employment with the Company
is terminated (i) by the Executive with Good Reason or by the Company without Cause, and (ii) such termination occurs during the period commencing three (3) months prior to and ending twelve (12) months following a Change in
Control, the Executive shall be entitled to: 
 (A) accelerated service-based vesting of 100% of the then unvested portion of the
Executive’s stock options, liquidity contingent restricted stock unit award(s) and other equity award(s) subject only to service-based vesting granted under the Company’s 2014 Executive Stock Incentive Plan or the Company’s Stock
Incentive Plan and outstanding as of the Effective Date (each an “Equity Award”) (other equity awards shall continue according to the terms of the applicable award agreement with respect to such provisions); provided, however, that
notwithstanding any contrary term of the applicable award agreement governing the Equity Award, if the Executive is entitled to accelerated vesting as a result of the Executive’s termination with Good Reason or termination by the Company
without Cause within three (3) months prior to a Change in Control: (x) the portion of the Equity Award subject to such accelerated vesting shall not be forfeited or terminated upon the Executive’s termination date pending the Change
in Control, (y) the accelerated vesting shall be deemed to take place immediately prior to the effective date of the Change in Control; 

(B) a lump sum payment equal to the sum of (x) six (6) months of the Executive’s then current base salary, plus (y) an
additional week of the Executive’s then current base salary for every full year the Executive was employed by the Company prior to such termination; 

(C) a lump sum payment equal to any annual cash bonus earned in the calendar year prior to the Change in Control but not yet paid; 

(D) a lump sum payment equal to 100% of the Executive’s then current target annual cash bonus
pro-rated for the number of days in the calendar year that have elapsed prior to the Change in Control; and 

(E) if the Executive elects to continue health insurance coverage under COBRA for the Executive and the Executive’s eligible dependents,
then for a period of six (6) months following the Executive’s termination of employment, the Company will pay the COBRA premiums for such coverage as of the date of the Executive’s termination, provided that the Executive shall be
responsible for filing any necessary paperwork for COBRA coverage. 

  
 3 

 The payments set forth in subsections (A)-(D) shall be paid, and the payments set forth in
subsection (E) shall commence to be paid, on the first business day after the sixtieth (60th) day following the later of the Executive’s termination of employment or the Change in
Control, as applicable (with any COBRA payments delayed in accordance with this paragraph payable in a lump sum on such date and all other amounts payable thereafter in accordance with the applicable payment schedule). For purposes of clarity, if
the Executive is terminated by the Company without Cause within three (3) months prior to a Change in Control, the Executive shall receive the benefits under this Section 3(c) less any amounts already paid pursuant to Section 3(b).

 (d) Termination for Cause, Death, Disability, or Voluntary Termination. In the event the Executive is subject to a Termination for
Cause, in the event of the Executive’s death or Disability (as defined below), or in the event of the Executive’s voluntary resignation or resignation for Good Reason not addressed in Section 3(b), the Executive (or the
Executive’s estate, as applicable) shall only be entitled to the Executive’s Accrued Compensation (as defined below). 
 4.
Definitions. 
 (a) Accrued Compensation. For purposes of this Plan, “Accrued Compensation” means (i) any earned
but unpaid base salary, (ii) earned and accrued but unused vacation or paid time off (if applicable pursuant to the Company’s policies) and (iii) reimbursement for all reasonable and necessary expenses incurred by the Executive in
connection with the Executive’s performance of services on behalf of the Company in accordance with applicable Company policies and guidelines (including submitting to the Company proper documentation evidencing such incurred expenses), in each
case as of the effective date of Executive’s termination of employment. 
 (b) Cause. For purposes of this Plan,
“Cause” means 
 (i) the Executive’s material failure to perform the Executive’s stated duties, and the Executive’s
inability or unwillingness to cure such failure to the reasonable satisfaction of the Company within thirty (30) days following written notice of such failure to the Executive from the Company; 

(ii) the Executive’s material violation of a Company policy or material breach of any written agreement or covenant with the Company,
including, but not limited to, any applicable invention assignment and confidentiality agreement or similar agreement between the Company and the Executive; 

(iii) the Executive’s conviction of, or entry of a plea of guilty or nolo contendere to, a felony (other than motor vehicle offenses the
effect of which do not materially impair the Executive’s performance of the Executive’s employment duties); 
 (iv) the
Executive’s commission of a willful act that constitutes gross misconduct and which is materially injurious to the Company; 
 (v) the
Executive’s commission of any act of fraud or embezzlement; 

  
 4 

 (vi) the Executive’s commission of any act of dishonesty or any other willful
misconduct that has caused or is reasonably expected to result in a material injury to the Company; or 
 (vii) the Executive’s willful
failure to cooperate with an investigation authorized by the Company or initiated by a governmental or regulatory authority, in either case, relating to the Company, its business, or any of its directors, officers or employees. 

The Executive will be provided with notice and thirty calendar days opportunity to cure any event that is curable. The determination as to
whether the Executive is being terminated for Cause will be made in good faith by the Board and will be final and binding. 
 (c) Change
in Control. For purposes of this Plan, “Change in Control” means the occurrence of any of the following events: 
 (i) a
change in the composition of the Board occurs, as a result of which fewer than one-half of the incumbent directors are directors who either: 

(A) had been directors of the Company on the “look-back date” (as defined below) (the “original directors”); or 

(B) were elected, or nominated for election, to the Board with the affirmative votes of at least a majority of the aggregate of the original
directors who were still in office at the time of the election or nomination and the directors whose election or nomination was previously so approved (the “continuing directors”); 

provided, however, that for this purpose, the “original directors” and “continuing directors” shall not include any individual whose
initial assumption of office occurred as a result of an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents, by or on behalf of a person other
than the Board; 
 (ii) Any “person” (as defined below) who by the acquisition or aggregation of securities, is or becomes the
“beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the combined voting power of the
Company’s then outstanding securities ordinarily (and apart from rights accruing under special circumstances) having the right to vote at elections of directors (the “Base Capital Stock”); except that any change in the relative
beneficial ownership of the Company’s securities by any person resulting solely from a reduction in the aggregate number of outstanding Shares of Base Capital Stock, and any decrease thereafter in such person’s ownership of securities,
shall be disregarded until such person increases in any manner, directly or indirectly, such person’s beneficial ownership of any securities of the Company; 

(iii) The consummation of a merger or consolidation of the Company or a Subsidiary of the Company with or into another entity or any other
corporate reorganization, if persons who were not stockholders of the Company immediately prior to such merger, consolidation or other reorganization own immediately after such merger, consolidation or other reorganization fifty percent (50%) or
more of the voting power of the outstanding securities of each of (A) the Company (or its successor) and (B) any direct or indirect parent corporation of the Company (or its successor); or 

  
 5 

 (iv) The sale, transfer, or other disposition of all or substantially all of the
Company’s assets. 
 For purposes of subsection (c)(i) above, the term “look-back” date means the later of (1) the Effective Date and
(2) the date that is twenty-four (24) months prior to the date of the event that may constitute a Change in Control. 
 For purposes of subsection
(c)(ii) above, the term “person” shall have the same meaning as when used in Sections 13(d) and 14(d) of the Exchange Act, but shall exclude (1) a trustee or other fiduciary holding securities under an employee benefit plan maintained
by the Company or a Parent or Subsidiary and (2) a corporation owned directly or indirectly by the stockholders of the Company in substantially the same proportions as their ownership of the Stock. 

Any other provision of this Section (c) notwithstanding, a transaction shall not constitute a Change in Control if its sole purpose is to change the
state of the Company’s incorporation or to create a holding company that will be owned in substantially the same proportions by the persons who held the Company’s securities immediately before such transaction, and a Change in Control
shall not be deemed to occur if the Company files a registration statement with the United States Securities and Exchange Commission in connection with an initial or secondary public offering of securities or debt of the Company to the public. 

(d) COBRA. For purposes of this Plan, “COBRA” means the Consolidated Omnibus Budget Reconciliation Act of 1985
(“COBRA”). 
 (e) Disabled. For purposes of this Plan, “Disabled” means any permanent and total disability as
defined by Section 22(e)(3) of the Internal Revenue Code of 1986, as amended (the “Code”). 
 (f) Exchange Act. For
purposes of this Plan, “Exchange Act” means the United States Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder. 

(g) Good Reason. For purposes of this Plan, “Good Reason” means, the occurrence of one or more of the following, without the
Executive’s written consent: 
 (i) a material reduction by the Company of the Executive’s base salary as in effect immediately
prior to such reduction (other than a proportionate reduction in connection with a general reduction of compensation to the vice presidents of the Company and the employees senior to vice presidents of the Company); or 

(ii) a relocation of the Executive’s principal place of employment to a location that increases the Executive’s one-way commute by more than 35 miles; or 
 (iii) a material diminution in the Executive’s
responsibilities, title, duties, and reporting lines, provided however, that if the Executive is a senior executive officer of a division of the parent company following a Change in Control (with no material reduction of the level of the
Executive’s compensation or benefits), such new role does not constitute Good Reason; or 

  
 6 

 (iv) any breach by the Company of this Agreement. 

In order for an event to qualify as “Good Reason,” the Executive must provide the Company with written notice of the acts or
omissions constituting the grounds for “Good Reason” within sixty (60) days of the initial existence of the grounds for “Good Reason” and a reasonable cure period of thirty (30) days following the date of written notice
(the “Cure Period”), such grounds must not have been cured during such time, and the Executive must resign within ninety (90) days following the end of the Cure Period. 

5. Limitation on Payments. 

(a) In the event that the severance and other benefits provided for in this Plan or otherwise payable to the Executive (i) constitute
“parachute payments” within the meaning of Section 280G of Code and (ii) but for this Section 5, would be subject to the excise tax imposed by Section 4999 of the Code, then the Executive’s severance benefits and
other payments under Section 3(d) shall be either: (A) delivered in full, or (B) delivered as to such lesser extent which would result in no portion of such severance benefits and other payments being subject to excise tax under
Section 4999 of the Code, whichever of the foregoing amounts, taking into account the applicable federal, state and local income taxes and the excise tax imposed by Section 4999, results in the receipt by the Executive on an after-tax basis, of the greatest amount of severance benefits and other payments, notwithstanding that all or some portion of such severance benefits and other payments may be taxable under Section 4999 of the
Code. 
 (b) If a reduction in severance and other benefits constituting “parachute payments” as defined in Section 280G of
the Code, is necessary so that benefits are delivered to a lesser extent, reduction shall occur in the following manner: 
 (i) first a pro-rata reduction of cash payments subject to Section 409A of the Code as deferred compensation and cash payments not subject to Section 409A of the Code, and 

(ii) second a pro rata cancellation of (A) equity-based compensation subject to Section 409A of the Code as deferred compensation
and (B) equity-based compensation not subject to Section 409A of the Code. 
 Reduction in either cash payments or equity
compensation benefits shall be made pro-rata between and among benefits which are subject to Section 409A of the Code and benefits which are exempt from Section 409A of the Code. In the event that
the accelerated vesting of equity awards is to be cancelled, such vesting acceleration shall be cancelled in the reverse chronological order of the Executive’s equity awards’ grant dates. 

  
 7 

 (c) Unless the Company and the Executive otherwise agree in writing, any determination
required under this Section 5 shall be made in writing by the Company’s independent public accountants immediately prior to the Change in Control (the “Accountants”), whose determination shall be conclusive and binding upon the
Executive and the Company for all purposes. For purposes of making the calculations required by this Section 5, the Accountants may make reasonable assumptions and approximations concerning applicable taxes and may rely on reasonable, good
faith interpretations concerning the application of Sections 280G and 4999 of the Code. The Company and the Executive shall furnish to the Accountants such information and documents as the Accountants may reasonably request in order to make a
determination under this Section. The Company shall bear all costs the Accountants may reasonably incur in connection with any calculations contemplated by this Section 5. 

6. Section 409A. Notwithstanding anything to the contrary in this Plan, if the Company determines that the Executive
is a “specified employee” within the meaning of Section 409A of the Code (“Section 409A”) at the time of the Executive’s termination of employment (other than due to death), then to the extent delayed commencement
of any portion of the benefits to which the Executive is entitled pursuant to this Plan, when considered together with any other severance payments or separation benefits that are considered deferred compensation under Section 409A (together,
the “Deferred Compensation Separation Benefits”), is required to avoid a prohibited distribution under Section 409A(a)(2)(B)(i) of the Code, then such benefits shall be delayed until the first payroll date that occurs on or after the
date six (6) months and one (1) day following the date of the Executive’s termination of employment. All subsequent Deferred Compensation Separation Benefits, if any, shall be payable in accordance with the payment schedule applicable
to each payment or benefit. Notwithstanding anything herein to the contrary, if the Executive dies following the Executive’s termination of employment but prior to the six (6) month anniversary of the Executive’s termination of
employment, then any payments delayed in accordance with this paragraph shall be payable in a lump sum as soon as administratively practicable after the date of the Executive’s death and all other Deferred Compensation Separation Benefits shall
be payable in accordance with the payment schedule applicable to each payment or benefit. 
 Each payment and benefit payable under this
Plan is intended to constitute a separate payment for purposes of Treasury Regulation Section 1.409A-2(b)(2). Notwithstanding anything to the contrary in this Plan, no Deferred Compensation Separation
Benefits payable under this Plan shall be considered due or payable until and unless the Executive has a “separation from service” within the meaning of Section 409A. Similarly, no severance payable to the Executive pursuant to this
Plan that otherwise would be exempt from Section 409A pursuant to Treasury Regulation Section 1.409A-1(b)(9) shall be payable until the Executive has a “separation from service” within the
meaning of Section 409A. To the extent that any reimbursements payable pursuant to this Plan are subject to Section 409A, any such reimbursements payable to the Executive pursuant to this Plan shall be paid no later than December 31
of the year following the year in which the expense was incurred, the amount of expenses reimbursed in one year shall not affect the amount eligible for reimbursement in any subsequent year, and the Executive’s right to reimbursement under this
Plan shall not be subject to liquidation or exchange for another benefit. 
 The foregoing provisions are intended to comply with the
requirements of Section 409A so that none of this Plan’s benefits shall be subject to the additional tax imposed under Section 409A, and any ambiguities herein shall be interpreted to so comply. The Company reserves the right to amend
this Plan and to take such reasonable actions which are necessary, appropriate, or desirable to avoid imposition of any additional tax or income recognition prior to actual payment to the Executive under Section 409A, provided that such
amendment or action may not materially reduce the benefits provided or to be provided to the Executive under this Plan. 

  
 8 

 Notwithstanding anything herein to the contrary, the Company shall have no liability to the
Executive or to any other person if the payments and benefits provided in this Plan that are intended to be exempt from or compliant with Section 409A are not so exempt or compliant, as applicable. 

7. Release of Claims. The receipt of any payments and benefits pursuant to Sections 3(b) and 3(c) is subject to the Executive’s
compliance with the terms of any restrictive covenants to which the Executive is subject and the Executive signing and not revoking the Company’s standard release of claims in favor of the Company (the “Release”); provided that such
Release is effective within sixty (60) days following the Executive’s termination of employment or, if payable pursuant to 3(c), the later of termination or the Change in Control (the “Release Deadline”). No severance shall be
paid or provided until the Release becomes effective. If the Release is not effective by the applicable Release Deadline, the Executive forfeits the Executive’s right to the appliable severance under this Plan 

8. Successors. 
 (a)
Company’s Successors. Any successor to the Company (whether direct or indirect and whether by purchase, merger, consolidation, liquidation or otherwise) to all or substantially all of the Company’s business and/or assets shall
assume the obligations under this Plan and agree expressly to perform the obligations under this Plan in the same manner and to the same extent as the Company would be required to perform such obligations in the absence of a succession. For all
purposes under this Plan, the term “Company” shall include any successor to the Company’s business and/or assets which executes and delivers the assumption agreement described in this Section 8(a) or which becomes bound by the
terms of this Plan by operation of law. 
 (b) Executive’s Successors. The terms of this Plan and all rights of the Executive
hereunder shall inure to the benefit of, and be enforceable by, the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. 

9. Notices. All notices, requests, demands and other communications called for hereunder shall be in writing and shall be deemed given
as follows (a) if sent by email, when sent, provided that (i) the subject line of such email states that it is a notice delivered pursuant to this Plan and (ii) the sender of such email does not receive a written notification of
delivery failure, (b) if sent by a well-established commercial overnight service, on the date of delivery, or, if earlier, one (1) day after being sent, (c) if sent by registered or certified mail, three (3) days after being
mailed, return receipt requested, prepaid and addressed to the parties or their successors at the following addresses, or at such other addresses as the parties may later designate in writing: 

 

					
	    	 	 If to the Company:
	  	 Coursera, Inc.

		 		  	 381 E. Evelyn Avenue

		 		  	 Mountain View CA 94041

		 		  	 Attention: General Counsel

		 		  	 Email:

  
 9 

 or to such other address or the attention of such other person as the recipient party has
previously furnished to the other party in writing in accordance with this paragraph. 
 10. Miscellaneous Provisions. 

(a) Other Agreements. To the extent that the Executive participates in any Company plan or has entered into another agreement with the
Company that also provides for one or more of the severance benefits set forth in this Plan upon termination of employment, then with respect to each such payment or benefit, the Executive shall be entitled to receive either (i) such payment or
benefit under such other agreement or (ii) the payment or benefit provided under this Plan, whichever of the foregoing results in the receipt by the Executive on an after-tax basis of the greater payment
or benefit and subject to compliance with Section 409A, to the extent applicable, and provided that the Executive does not receive any duplication of payments or benefits. For the avoidance of doubt, in no event shall the Executive become
entitled to a duplication of benefits under this Plan and any other severance plan or program of the Company. Notwithstanding any provision of this Plan to the contrary, to the extent that any Executive is entitled to any period of paid notice under
federal or state law including, but not limited to, the Worker Adjustment Retraining Notification Act of 1988, the benefits and amounts payable under this Plan shall be reduced (but not below zero) by the base pay received by the Executive during
the period of such paid notice. 
 (b) Headings. All captions and section headings used in this Plan are for convenient reference only
and do not form a part of this Plan. 
 (c) Severability. The invalidity or unenforceability of any provision or provisions of this
Plan shall not affect the validity or enforceability of any other provision hereof, which shall remain in full force and effect. 
 (d)
Withholding. All payments made pursuant to this Plan shall be subject to withholding of applicable income and employment taxes. 
 (e)
Governing Law. The validity, interpretation, construction and performance of this Plan shall in all respects be governed by the laws of the State of California, without preference to principles of conflict of law. 

(f) Survival. Those provisions and obligations of this Plan which are intended to survive shall survive notwithstanding termination of
the Executive’s employment with the Company or any of its affiliates or subsidiaries or the termination of this Plan. 
 (g) No
Effect on Other Benefits. Benefits under this Plan, if any, shall not be counted as compensation for purposes of determining benefits under other benefit plans, programs, policies or agreements, except to the extent expressly provided therein or
herein. 
 (h) ERISA. The Plan is an unfunded compensation arrangement for a select group of management or highly compensated
employees of the Company and any exemptions under the Employee Retirement Income Security Act of 1974, as amended, applicable to such an arrangement shall be applicable to the Plan. 

  
 10 

 To record the adoption of this Plan by the Board, the Company has caused its authorized
officer to execute the same. 
  

			
	COURSERA, INC.
		
	By:	 	
                     

	Name:	 	
	Title:	 	

  
 11 

 SCHEDULE A 

“EXECUTIVES” 
 As of the
Effective Date, the following executive employees of the Company are “Executives” for purposes of the Plan: 
  

					
	•	  	Jeffrey N. Maggioncalda	  	
			
	•	  	Kenneth R. Hahn	  	
			
	•	  	Anne T. Cappel	  	
			
	•	  	Leah F. Belsky	  	
			
	•	  	Kimberly A. Caldbeck	  	
			
	•	  	Shravan K. Goli	  	
			
	•	  	Richard Jacquet	  	
			
	•	  	Betty M. Vandenbosch	  	
			
	•	  	Xueyan Wang	  	
			
	•	  	Chun Yu (“Richard”) Wong

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