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Exhibit 10.02    
    

 
 

INDEMNITY AGREEMENT    
    

        This Indemnity Agreement (this "Agreement"), dated as
of                        , 2004, is made by and between Alibris, a
California corporation (the "Company"), and                        , a
director and/or officer of the Company (the
"Indemnitee"). 

 
 

RECITALS    
    

        A.    The
Company is aware that competent and experienced persons are increasingly reluctant to serve as directors or officers of corporations unless they are protected by
comprehensive liability insurance and/or indemnification, due to increased exposure to litigation costs and risks resulting from their service to such corporations, and because the exposure frequently
bears no reasonable relationship to the compensation of such directors and officers; 

        B.    Based
on their experience as business managers, the Board of Directors of the Company (the "Board") has concluded that, to
retain and attract talented and experienced individuals to serve as officers and directors of the Company, and to encourage such individuals to take the business risks necessary for the success of the
Company, it is necessary for the Company contractually to indemnify officers and directors and to assume for itself maximum liability for expenses and damages in connection with claims against such
officers and directors in connection with their service to the Company; 

        C.    Section 317
of the California Corporations Code (the "Law") empowers the Company to indemnify by agreement its
officers, directors, employees and agents, and persons who serve, at the request of the Company, as directors, officers, employees or agents of other corporations or enterprises, and expressly
provides that the indemnification provided by the Law is not exclusive; and 

        D.    The
Company desires and has requested the Indemnitee to serve or continue to serve as a director or officer of the Company free from undue concern for claims for damages
arising out of or related to such services to the Company. 

        NOW, THEREFORE, the parties hereto, intending to be legally bound, hereby agree as follows: 

        1.    Definitions.    

        1.1    Agent.    For the purposes of this Agreement,
"agent" of the Company means any person who is or was a director or officer of the Company or a subsidiary of the Company; or is or was serving at the
request of, for the convenience of, or to represent the interest of the Company or a subsidiary of the Company as a director or officer of another foreign or domestic corporation, partnership, joint
venture, trust or other enterprise or an affiliate of the Company; or was a director or officer of a foreign or domestic corporation which was a predecessor corporation of the Company, or was a
director or officer of another enterprise or affiliate of the Company at the request of, for the convenience of, or to represent the interests of such predecessor corporation. The term
"enterprise" includes any employee benefit plan of the Company, its subsidiaries, affiliates and predecessor corporations. 

        1.2    Expenses.    For purposes of this Agreement,
"expenses" includes all direct and indirect costs of any type or nature whatsoever (including, without limitation, all attorneys' fees and related
disbursements and other out-of-pocket costs) actually and reasonably incurred by the Indemnitee in connection with the investigation, defense or appeal of a proceeding or
establishing or enforcing a right to indemnification or advancement of expenses under this Agreement. 

        1.3    Proceeding.    For the purposes of this Agreement,
"proceeding" means any threatened, pending or completed action, suit or other proceeding, whether civil, criminal, administrative, investigative or any
other type whatsoever. 

        1.4    Subsidiary.    For purposes of this Agreement,
"subsidiary" means any corporation of which more than fifty percent (50%) of the outstanding voting securities is owned directly or indirectly by the
Company, by the Company and one or more of its subsidiaries or by one or more of the Company's subsidiaries. 

        2.    Agreement to Serve.    The Indemnitee agrees to serve and/or continue to serve as an
agent of the Company, at the will of the Company (or under separate agreement, if such agreement exists), in the capacity the Indemnitee currently serves as an agent of the Company, faithfully and to
the best of his
ability, so long as he or she is duly appointed or elected and qualified in accordance with the applicable provisions of the charter documents of the Company or any subsidiary of the Company;  provided, however,
that the Indemnitee may at any time and for any reason resign from such position (subject to any contractual obligation that the
Indemnitee may have assumed apart from this Agreement), and the Company or any subsidiary shall have no obligation under this Agreement to continue the Indemnitee in any such position. 

        3.    Directors' and Officers' Insurance.    The Company shall, to the extent that the Board
determines it to be economically reasonable, maintain a policy of directors' and officers' liability insurance ("D&O Insurance"), on such terms and
conditions as may be approved by the Board. 

        4.    Mandatory Indemnification.    Subject to Section 9 below, the Company shall
indemnify the Indemnitee: 

        4.1    Third Party Actions.    If the Indemnitee is a person who was
or is a party or is threatened to be made a party to any proceeding (other than an action by or in the right of the Company) by reason of the fact that he is or was an agent of the Company, or by
reason of anything done or not done by him in any such capacity, against any and all expenses and liabilities of any type whatsoever (including, but not limited to, judgments, fines, ERISA excise
taxes or penalties and amounts paid in settlement) actually and reasonably incurred by him in connection with the investigation, defense, settlement or appeal of such proceeding if he acted in good
faith and in a manner he reasonably believed to be in, or not opposed to, the best interests of the Company and, with respect to any criminal action or proceeding, had no reasonable cause to believe
his conduct was unlawful; and 

        4.2    Derivative Actions.    If the Indemnitee is a person who was or
is a party or is threatened to be made a party to any proceeding by or in the right of the Company to procure a judgment in its favor by reason of the fact that he is or was an agent of the Company,
or by reason of anything done or not done by him in any such capacity, against any amounts paid in settlement of any such proceeding and all expenses actually and reasonably incurred by him in
connection with the investigation, defense, settlement or appeal of such proceeding if he acted in good faith and in a manner he reasonably believed to be in, or not opposed to, the best interests of
the Company; except that no indemnification under this subsection shall be made in respect of any claim, issue or matter as to which such person shall
have been finally adjudged to be liable to the Company by a court of competent jurisdiction due to willful misconduct of a culpable nature in the performance of his duty to the Company, unless and
only to the extent that the Court of Chancery or the court in which such proceeding was brought shall determine upon application that, despite the adjudication of liability but in view of all the
circumstances of the case, such person is fairly and reasonably entitled to indemnity for such amounts which the Court of Chancery or such other court shall deem proper. 

        4.3    Exception for Amounts Covered by Insurance.    Notwithstanding
the foregoing, the Company shall not be obligated to indemnify the Indemnitee for expenses or liabilities of any type whatsoever (including, but not limited to, judgments, fines, ERISA excise taxes or
penalties and amounts paid in settlement) to the extent such have been paid directly to the Indemnitee by D&O Insurance. 

        5.    Partial Indemnification and Contribution.    

        5.1    Partial Indemnification.    If the Indemnitee is entitled under
any provision of this Agreement to indemnification by the Company for some or a portion of any expenses or liabilities of any type whatsoever (including, but not limited to, judgments, fines, ERISA
excise taxes or penalties and amounts paid in settlement) incurred by him or her in the investigation, defense, settlement or appeal of a proceeding but is not entitled, however, to indemnification
for all of the total amount thereof, then the Company shall nevertheless indemnify the Indemnitee for such total amount except as to the portion thereof to which the Indemnitee is not entitled to
indemnification. 

        5.2    Contribution.    If the Indemnitee is not entitled to the
indemnification provided in Section 4 for any reason other than the statutory limitations set forth in the Law, then in respect of any threatened, pending or completed proceeding in which the
Company is jointly liable with the Indemnitee (or would be if joined in such proceeding), the Company shall contribute to the amount of expenses (including attorneys' fees), judgments, fines and
amounts paid in settlement actually and reasonably incurred and paid or payable by the Indemnitee in such proportion as is appropriate to reflect (i) the relative benefits received by the
Company on the one hand and the Indemnitee on the other hand from the transaction from which such proceeding arose and (ii) the relative fault of the Company on the one hand and of the
Indemnitee on the other hand in connection with the events which resulted in such expenses, judgments, fines or settlement amounts, as well as any other relevant equitable considerations. The relative
fault of the Company on the one hand and of the Indemnitee on the other hand shall be determined by reference to, among other things, the parties' relative intent, knowledge, access to information and
opportunity to correct or prevent the circumstances resulting in such expenses, judgments, fines or settlement amounts. The Company agrees that it would not be just and equitable if contribution
pursuant to this Section 5 were determined by pro rata allocation or any other method of allocation that does not take account of the foregoing equitable considerations. 

        6.    Mandatory Advancement of Expenses.    

        6.1    Advancement.    Subject to Section 9 below and except as
prohibited by law, the Company shall advance all expenses incurred by the Indemnitee in connection with the investigation, defense, settlement or appeal of any proceeding to which the Indemnitee is a
party or is threatened to be made a party by reason of the fact that the Indemnitee is or was an agent of the Company or by reason of anything done or not done by him in any such capacity. The
Indemnitee hereby undertakes to promptly repay such amounts advanced only if, and to the extent that, it shall ultimately be determined that the Indemnitee is not entitled to be indemnified by the
Company under the provisions of this Agreement,
the Certificate of Incorporation or Bylaws of the Company, the Law or otherwise. The advances to be made hereunder shall be paid by the Company to the Indemnitee within thirty (30) days
following delivery of a written request therefor by the Indemnitee to the Company. 

        6.2    Exception.    Notwithstanding the foregoing provisions of this
Section 6, the Company shall not be obligated to advance any expenses to the Indemnitee arising from a lawsuit filed directly by the Company against the Indemnitee if an absolute majority of
the members of the Board reasonably determines in good faith, within thirty (30) days of the Indemnitee's request to be advanced expenses, that the facts known to them at the time such
determination is made demonstrate clearly and convincingly that the Indemnitee acted in bad faith. If such a determination is made, the Indemnitee may have such decision reviewed by another forum, in
the manner set forth in Sections 8.3, 8.4 and 8.5 hereof, with all references therein to "indemnification" being deemed to refer to "advancement of expenses," and the burden of proof shall be on the
Company to demonstrate clearly and convincingly that, based on the facts known at the time, the Indemnitee acted in bad faith. The Company may not avail itself of this Section 6.2 as to a given
lawsuit if, at any time after the occurrence of the activities or omissions that are the primary focus of the lawsuit, the Company has undergone a change in control. For this purpose, a change in
control shall mean a given person or group of affiliated persons or groups increasing 

their
beneficial ownership interest in the Company by at least twenty (20) percentage points without advance Board approval. 

        7.    Notice and Other Indemnification Procedures.    

        7.1   Promptly after receipt by the Indemnitee of notice of the commencement of or the threat of commencement of any
proceeding, the Indemnitee shall, if the Indemnitee believes that indemnification with respect thereto may be sought from the Company under this Agreement, notify the Company of the commencement or
threat of commencement thereof. 

        7.2   If, at the time of the receipt of a notice of the commencement of a proceeding pursuant to Section 7.1 hereof, the
Company has D&O Insurance in effect, the Company shall give prompt notice of the commencement of such proceeding to the insurers in accordance with the procedures set forth in the respective policies.
The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such proceeding in accordance with
the terms of such D&O Insurance policies. 

        7.3   In the event the Company shall be obligated to advance the expenses for any proceeding against the Indemnitee, the
Company, if appropriate, shall be entitled to assume the defense of such proceeding, with counsel approved by the Indemnitee (which approval shall not be unreasonably withheld), upon the delivery to
the Indemnitee of written notice of its election to do so. After delivery of such notice, approval of such counsel by the Indemnitee and the retention of such counsel by the Company, the
Company will not be liable to the Indemnitee under this Agreement for any fees of counsel subsequently incurred by the Indemnitee with respect to the same proceeding,  provided that: (a) the
Indemnitee shall have the right to employ his or her own counsel in any such proceeding at the Indemnitee's expense and
(b) if (i) the employment of counsel by the Indemnitee has been previously authorized by the Company, (ii) the Indemnitee shall have reasonably concluded that there may be a
conflict of interest between the Company and the Indemnitee in the conduct of any such defense or (iii) the Company shall not, in fact, have employed counsel to assume the defense of such
proceeding, then the fees and expenses of the Indemnitee's counsel shall be at the expense of the Company. 

        8.    Determination of Right to Indemnification.    

        8.1   To the extent the Indemnitee has been successful on the merits or otherwise in defense of any proceeding referred to in
Section 4.1 or 4.2 of this Agreement or in the defense of any claim, issue or matter described therein, the Company shall indemnify the Indemnitee against expenses actually and reasonably
incurred by him or her in connection with the investigation, defense or appeal of such proceeding, or such claim, issue or matter, as the case may be. 

        8.2   In the event that Section 8.1 is inapplicable, or does not apply to the entire proceeding, the Company shall
nonetheless indemnify the Indemnitee unless the Company shall prove by clear and convincing evidence to a forum listed in Section 8.3 below that the Indemnitee has not met the applicable
standard of conduct required to entitle the Indemnitee to such indemnification. 

        8.3   The Indemnitee shall be entitled to select the forum in which the validity of the Company's claim under
Section 8.2 hereof that the Indemnitee is not entitled to indemnification will be heard from among the following, except that the Indemnitee can
select a forum consisting of the stockholders of the Company only with the approval of the Company: 

        (a)   A
quorum of the Board consisting of directors who are not parties to the proceeding for which indemnification is being sought; 

        (b)   The
stockholders of the Company; 

        (c)   Legal
counsel mutually agreed upon by the Indemnitee and the Board, which counsel shall make such determination in a written opinion; 

        (d)   A
panel of three arbitrators, one of whom is selected by the Company, another of whom is selected by the Indemnitee and the last of whom is selected by the first two
arbitrators so selected; or 

        (e)   Any
court having jurisdiction of subject matter and the parties. 

        8.4   As soon as practicable, and in no event later than thirty (30) days after the forum has been selected pursuant to
Section 8.3 above, the Company shall, at its own expense, submit to the selected forum its claim that the Indemnitee is not entitled to indemnification, and the Company shall act in the utmost
good faith to assure the Indemnitee a complete opportunity to defend against such claim. 

        8.5   If the forum selected in accordance with Section 8.3 hereof is not a court, then after the final decision of such
forum is rendered, the Company or the Indemnitee shall have the right to apply to the court having jurisdiction of subject matter and the parties, for the purpose of appealing the decision of such
forum, provided that such right is executed within sixty (60) days after the final decision of such forum is rendered. If the forum selected in
accordance with Section 8.3 hereof is a court, then the rights of the Company or the Indemnitee to appeal any decision of such court shall be governed by the applicable laws and rules governing
appeals of the decision of such court. 

        8.6   Notwithstanding any other provision in this Agreement to the contrary, the Company shall indemnify the Indemnitee against
all expenses incurred by the Indemnitee in connection with any hearing or proceeding under this Section 8 involving the Indemnitee and against all expenses incurred by the Indemnitee in
connection with any other proceeding between the Company and the Indemnitee involving the interpretation or enforcement of the rights of the Indemnitee under this Agreement unless a court of competent
jurisdiction finds that each of the material claims and/or defenses of the Indemnitee in any such proceeding was frivolous or not made in good faith. 

        9.    Exceptions.    Any other provision herein to the contrary notwithstanding, the Company
shall not be obligated pursuant to the terms of this Agreement: 

        9.1    Claims Initiated by Indemnitee.    To indemnify or advance
expenses to the Indemnitee with respect to proceedings or claims initiated or brought voluntarily by the Indemnitee and not by way of defense, except
with respect to proceedings specifically authorized by the Board or brought to establish or enforce a right to indemnification and/or advancement of expenses arising under this Agreement, the charter
documents of the Company or any subsidiary or any statute or law or otherwise, but such indemnification or advancement of expenses may be provided by the Company in specific cases if the Board finds
it to be appropriate; or 

        9.2    Unauthorized Settlements.    To indemnify the Indemnitee
hereunder for any amounts paid in settlement of a proceeding unless the Company consents in advance in writing to such settlement, which consent shall not be unreasonably withheld; or 

        9.3    Securities Law Actions.    To indemnify the Indemnitee on
account of any suit in which judgment is rendered against the Indemnitee for an accounting of profits made from the purchase or sale by the Indemnitee of securities of the Company pursuant to the
provisions of Section 16(b) of the Securities Exchange Act of 1934 and amendments thereto or similar provisions of any federal, state or local statutory law; or 

        9.4    Unlawful Indemnification.    To indemnify the Indemnitee if a
final decision by a court having jurisdiction in the matter shall determine that such indemnification is not lawful. In this respect, the Company and the Indemnitee have been advised that the
Securities and Exchange Commission takes the position that indemnification for liabilities arising under the federal securities laws is against public policy and is, therefore, unenforceable and that
claims for indemnification should be submitted to appropriate courts for adjudication. 

        10.    Non-Exclusivity.    The provisions for indemnification and advancement of
expenses set forth in this Agreement shall not be deemed exclusive of any other rights which the Indemnitee may have under any provision of law, the Company's Certificate of Incorporation or Bylaws,
the vote of the Company's stockholders or disinterested directors, other agreements or otherwise, both as to action in the Indemnitee's official capacity and to action in another capacity while
occupying his position as an agent of the Company, and the Indemnitee's rights hereunder shall continue after the Indemnitee has 

ceased
acting as an agent of the Company and shall inure to the benefit of the heirs, executors and administrators of the Indemnitee. 

        11.    General Provisions.    

        11.1    Interpretation of Agreement.    It is understood that the
parties hereto intend this Agreement to be interpreted and enforced so as to provide indemnification and advancement of expenses to the Indemnitee to the fullest extent now or hereafter permitted by
law, except as expressly limited herein. 

        11.2    Severability.    If any provision or provisions of this
Agreement shall be held to be invalid, illegal or unenforceable for any reason whatsoever, then: (a) the validity, legality and enforceability of the remaining provisions of this Agreement
(including, without limitation, all portions of any paragraphs of this Agreement containing any such provision held to be invalid, illegal or unenforceable that are not themselves invalid, illegal or
unenforceable) shall not in any way be affected or impaired thereby; and
(b) to the fullest extent possible, the provisions of this Agreement (including, without limitation, all portions of any paragraphs of this Agreement containing any such provision held to be
invalid, illegal or unenforceable, that are not themselves invalid, illegal or unenforceable) shall be construed so as to give effect to the intent manifested by the provision held invalid, illegal or
unenforceable and to give effect to Section 11.1 hereof. 

        11.3    Modification and Waiver.    No supplement, modification or
amendment of this Agreement shall be binding unless executed in writing by both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver
of any other provision hereof (whether or not similar), nor shall such waiver constitute a continuing waiver. 

        11.4    Subrogation.    In the event of full payment under this
Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of the Indemnitee, who shall execute all documents required and shall do all acts that may be
necessary or desirable to secure such rights and to enable the Company effectively to bring suit to enforce such rights. 

        11.5    Counterparts.    This Agreement may be executed in one or more
counterparts, which shall together constitute one agreement. 

        11.6    Successors and Assigns.    The terms of this Agreement shall
bind, and shall inure to the benefit of, the successors and assigns of the parties hereto. 

        11.7    Notice.    All notices, requests, demands and other
communications under this Agreement shall be in writing and shall be deemed duly given: (a) if delivered by hand and signed for by the party addressee; or (b) if mailed by certified or
registered mail, with postage prepaid, on the third business day after the mailing date. Addresses for notice to either party are as shown on the signature page of this Agreement or as subsequently
modified by written notice. 

        11.8    Governing Law.    This Agreement shall be governed exclusively
by and construed according to the laws of the State of California, without giving effect to that body of laws pertaining to conflict of laws. 

        11.9    Consent to Jurisdiction.    The Company and the Indemnitee
each hereby irrevocably consent to the jurisdiction of the courts of the State of California for all purposes in connection with any action or proceeding that arises out of or relates to this
Agreement. 

        11.10    Attorneys' Fees.    In the event Indemnitee is required to
bring any action to enforce rights under this Agreement (including, without limitation, the expenses of any Proceeding described in Section 1.3) the Indemnitee shall be entitled to all
reasonable fees and expenses in bringing and pursuing such action,
unless a court of competent jurisdiction finds each of the material claims of the Indemnitee in any such action was frivolous and not made in good faith. 

        IN
WITNESS WHEREOF, the parties hereto have entered into this Indemnity Agreement effective as of the date first written above. 

	COMPANY—ALIBRIS	 	INDEMNITEE:
	

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Exhibit 10.02

INDEMNITY AGREEMENT

RECITALSQuickLinks
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Exhibit 10.03    
    

 
 

Schedule of Omitted Details    
    

        The following individuals and entities entered into the attached form of Indemnification Agreement on the dates specified below. 

	Agreement dated February 18, 2004
	 	Agreement dated February 27, 2004

	Paul Klingenstein	 	Amal Johnson
	Aberdare Ventures, L.P.(1)	 	Weiss Peck & Greer Venture Associates V, L.L.C.(2)
	 	 	Weiss Peck & Greer Venture Associates V-A, L.L.C.(2)
	 	 	Weiss Peck & Greer Venture Associates V Cayman, L.P.(2)
	 	 	WPG Information Sciences Entrepreneur Fund II, L.L.C.(2)
	 	 	WPG Information Sciences Entrepreneur Fund II-A, L.L.C.(2)
	 	 	WPG Enterprise Fund III, L.L.C.(2)
	 	 	Weiss Peck & Greer Venture Associates IV, L.L.C.(2)
	 	 	Weiss Peck & Greer Venture Associates IV Cayman, L.P.(3)
	 	 	WPG Information Sciences Entrepreneur Fund, L.P.(3)

	(1)
	Mr.
Klingenstein signed this agreement in his capacity as Managing Director of Aberdare GP, LLC, the General Partner of Aberdare Ventures, L.P.

	(2)
	Ms.
Johnson signed this agreement in her capacity as Managing Member of WPG VC Fund Adviser II, L.L.C., the Fund Investment Advisory Member of this entity.

	(3)
	Ms.
Johnson signed this agreement in her capacity as Managing Member of WPG VC Fund Adviser, L.L.C., the General Partner of this entity. 

        Each
Indemnification Agreement is executed by Martin Manley, President and Chief Executive Officer, on behalf of the Registrant. 

        This
schedule sets forth the only material details in which the document filed herewith differs from the actual documents between the Registrant and the Individuals and Entities. 

1

 
 
 

INDEMNIFICATION AGREEMENT    
    

        INDEMNIFICATION AGREEMENT (this "Agreement") dated as of "            [Date]"
by and
among Alibris, a California corporation (the "Company") and the indemnitees listed on the signature pages hereto (individually, as "Indemnitee" and, collectively, the "Indemnitees"). 

 
 

RECITALS    
    

        A.    The
Company and Indemnitees recognize the continued difficulty in obtaining liability insurance for its directors, officers, employees, shareholders, controlling persons,
agents and fiduciaries, the significant increases in the cost of such insurance and the general reductions in the coverage of such insurance. 

        B.    The
Company and Indemnitees further recognize the substantial increase in corporate litigation in general, which subjects directors, officers, employees, controlling
persons, shareholders, agents and fiduciaries to expensive litigation risks at the same time as the availability and coverage of liability insurance has been severely limited. 

        C.    The
Indemnitees do not regard the current protection available as adequate under the present circumstances, and Indemnitees and other directors, officers, employees,
controlling persons, agents and fiduciaries of the Company may not be willing to serve in such capacities without additional protection. 

        D.    The
Company (i) desires to attract and retain highly qualified individuals and entities, such as Indemnitees, to serve the Company and, in part, in order to induce
each Indemnitee to be involved with the Company and (ii) wishes to provide for the indemnification and advancing of expenses to each Indemnitee to the maximum extent permitted by law. 

        E.    In
view of the considerations set forth above, the Company desires that each Indemnitee be indemnified by the Company as set forth herein. 

NOW, THEREFORE, the Company and each Indemnitee hereby agree as follows: 

        1.    Indemnification.    

        a.    Indemnification of Expenses.    

          (i)  Prior
to the effective date of the initial public offering of the Company's Common Stock pursuant to a registration statement declared effective by the Securities and
Exchange Commission (the "IPO") and subject to Section 21 below, the Company shall indemnify and hold harmless each Indemnitee (including its respective directors, officers, partners, members,
employees, agents and spouse, as applicable) and each person who controls any of them or who may be liable within the meaning of Section 15 of the Securities Act of 1933, as amended (the
"Securities Act"), or Section 20 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), to the fullest extent permitted by law if such Indemnitee was or is or becomes a party
to or witness or other participant in, or is threatened to be made a party to or witness or other participant in, any threatened, pending or completed action, suit, proceeding or alternative dispute
resolution mechanism, or any hearing, inquiry or investigation that such Indemnitee believes might lead to the institution of any such action, suit, proceeding or alternative dispute resolution
mechanism, whether civil, criminal, administrative, investigative or other (hereinafter a "Claim") by reason of (or arising in part or in whole out of) any event or occurrence related to the fact that
Indemnitee is or was or may be deemed a director, officer, shareholder, employee, controlling person, agent or fiduciary of the Company, or any subsidiary of the Company, or is or was or may be deemed
to be serving at the request of the Company as a director, officer, shareholder, employee, controlling person, agent or fiduciary of another corporation, partnership, limited liability company, joint
venture, trust or other enterprise, or by reason of any action or inaction on the 

2

 

part
of such Indemnitee while serving in such capacity including, without limitation, any and all losses, claims, damages, expenses and liabilities, joint or several (including any investigation,
legal and other expenses actually and reasonably incurred in connection with, and any amount paid in settlement of, any action, suit, proceeding or any claim asserted) under the Securities Act, the
Exchange Act or other federal or state statutory law or regulation, at common law or otherwise or which relate directly or indirectly to the registration, purchase, sale or ownership of any securities
of the Company or to any fiduciary obligation owed with respect thereto or as a direct or indirect result of any Claim made by any shareholder of the Company against an Indemnitee and arising out of
or related to any round of financing of the Company (including but not limited to Claims regarding non-participation, or non-pro rata participation, in such round by such
shareholder) or made by a third party against an Indemnitee based on any misstatement or omission of a material fact by the Company in violation of any duty of disclosure imposed on the Company by
federal or state securities or common laws, provided that the indemnity provided for under this Agreement shall not apply to any Expenses (as defined
below) to the extent that they arise out of or are based on a Claim which occurs in reliance on and in conformity with written information furnished expressly for use in connection with such
registration by such Indemnitee or any partner, member, officer, director, employee, underwriter or controlling person of such Indemnitee (hereinafter, a "Pre-IPO Indemnification Event")
against any and all expenses actually and reasonably incurred (including attorneys' fees and all other costs, expenses and obligations incurred in connection with investigating, defending a witness in
or participating in (including on appeal), or preparing to defend, be a witness in or participate in, any such action, suit, proceeding, alternative dispute resolution mechanism, hearing, inquiry or
investigation), judgments, fines, penalties and amounts paid in settlement (if, and only if, such settlement is approved in advance by the Company, which approval shall not be unreasonably withheld)
of such Claim and any federal, state, local or foreign taxes imposed on Indemnitee as a result of the actual or deemed receipt of any payments under this Agreement, (collectively, hereinafter
"Expenses"), including all interest, assessments and other charges paid or payable in connection with or in respect of such Expenses. Such payment of Expenses shall be made by the Company as soon as
practicable but in any event no later than ten (10) days after written demand by the Indemnitee therefor is presented to the Company. 

         (ii)  On
and after the IPO and subject to Section 21 below, the Company shall indemnify and hold harmless each Indemnitee (including its respective directors,
officers, partners, members, employees, agents and spouse, as applicable) and each person who controls any of them or who may be liable within the meaning of Section 15 of the Securities Act,
or Section 20 of the Exchange Act, to the fullest extent permitted by law if such Indemnitee was or is or becomes a party to or witness or other participant in, or is threatened to be made a
party to or witness or other participant in, any Claim by reason of (or arising in part or in whole out of) any event or occurrence related to the fact that Indemnitee is or was or may be deemed a
director, officer, employee, controlling person, agent or fiduciary of the Company, or any subsidiary of the Company, or is or was or may be deemed to be serving at the request of the Company as a
director, officer, employee, controlling person, agent or fiduciary of another corporation, partnership, limited liability company, joint venture, trust or other enterprise, or by reason of any action
or inaction on the part of such Indemnitee while serving in such capacity including, without limitation, any and all losses, claims, damages, expenses and liabilities, joint or several (including any
investigation, legal and other expenses actually and reasonably incurred in connection with, and any amount paid in settlement of, any action, suit, proceeding or any claim asserted) under the
Securities Act, the Exchange Act or other federal or state statutory law or regulation, at common law or otherwise (hereinafter a "Post Indemnification Event", and collectively with a
Pre-IPO Indemnification Event, an 

3

 

"Indemnification
Event") against any and all Expenses. Such payment of Expenses shall be made by the Company as soon as practicable but in any event no later than ten (10) days after written
demand by the Indemnitee therefor is presented to the Company. 

        b.    Reviewing Party.    Notwithstanding the foregoing, (i) the obligations of the Company under
Section 1(a) shall be subject to the condition that the Reviewing Party (as described in Section 10(e) hereof) shall not have determined (in a written opinion, in any case in which the
Independent Legal Counsel referred to in Section 1(e) hereof is involved) that Indemnitee would not be permitted to be indemnified under applicable law or Section 8 hereof, and
(ii) each Indemnitee acknowledges and agrees that the obligation of the Company to make an advance payment of Expenses to Indemnitee pursuant to Section 2(a) (an "Expense Advance") shall
be subject to the condition that, if, when and to the extent that the Reviewing Party determines that Indemnitee would not be permitted to be so indemnified under applicable law or Section 8
hereof, the Company shall be entitled to be reimbursed by Indemnitee (who hereby agrees to reimburse the Company) for all such amounts theretofore paid; provided, however, that if Indemnitee has
commenced or thereafter commences legal proceedings in a court of competent jurisdiction to secure a determination that Indemnitee should be indemnified under applicable law or Section 8
hereof, any determination made by the Reviewing Party that Indemnitee would not be permitted to be indemnified under applicable law or Section 8 hereof shall not be binding and Indemnitee shall
not be required to reimburse the Company for any Expense Advance until a final judicial determination is made with respect thereto (as to which all rights of appeal therefrom have been exhausted or
lapsed). Indemnitee's obligation to reimburse the Company for any Expense Advance shall be unsecured and no interest shall be charged thereon. If there has not been a Change in Control (as defined in
Section 10(c) hereof), the Reviewing Party shall be selected by the Board of Directors, and if there has been such a Change in Control (other than a Change in Control which has been approved by
a majority of the Company's Board of Directors who were directors immediately prior to such Change in Control), the Reviewing Party shall be the Independent Legal Counsel referred to in
Section 1(e) hereof. If there has been no determination by the Reviewing Party or if the Reviewing Party determines that Indemnitee substantively would not be permitted to be indemnified in
whole or
in part under applicable law or Section 8 hereof, Indemnitee shall have the right to commence litigation seeking an initial determination by the court or challenging any such determination by
the Reviewing Party or any aspect thereof, including the legal or factual bases therefor, and the Company hereby consents to service of process and to appear in any such proceeding. Any determination
by the Reviewing Party otherwise shall be conclusive and binding on the Company and Indemnitee. 

        c.    Contribution.    If the indemnification provided for in Section 1(a) above for any reason (other than the
statutory limits of applicable law or Section 8 hereof) is held by a court of competent jurisdiction to be unavailable to an Indemnitee in respect of any losses, claims, damages, expenses or
liabilities referred to therein, then the Company, in lieu of indemnifying such Indemnitee thereunder, shall to the extent permitted by applicable law contribute to the amount paid or payable by such
Indemnitee as a result of such losses, claims, damages, expenses or liabilities (i) in such proportion as is appropriate to reflect the relative benefits received by the Company and the
Indemnitee, or (ii) if the allocation provided by clause (i) above is not permitted by applicable law, in such proportion as is appropriate to reflect not only the relative benefits
referred to in clause (i) above but also the relative fault of the Company and the Indemnitee in connection with the action or inaction which resulted in such losses, claims, damages, expenses
or liabilities, as well as any other relevant equitable considerations. In connection with the registration of the Company's securities, the relative benefits received by the Company and the
Indemnitee shall be deemed to be in the same respective proportions that the net proceeds from the offering (before deducting expenses) received by the Company and the Indemnitee, in each case as set
forth in the table on the cover page of the applicable prospectus, bear to the aggregate public 

4

 

offering
price of the securities so offered. The relative fault of the Company and the Indemnitee shall be determined by reference to, among other things, whether the untrue or alleged untrue
statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by the Company or the Indemnitee and the parties' relative intent, knowledge,
access to information and opportunity to correct or prevent such statement or omission. 

        d.     The
Company and the Indemnitee agree that it would not be just and equitable if contribution pursuant to this Section 1(c) were determined by pro rata or per
capita allocation or by any other method of allocation which does not take account of the equitable considerations referred to in the immediately preceding paragraph. In connection with the
registration of the Company's securities, in no event shall Indemnitee be required to contribute any amount under this Section 1(c) in excess of the lesser of (i) that proportion of the
total of such losses, claims, damages or liabilities indemnified against equal to the proportion of the total securities sold under such registration statement which is being sold by such Indemnitee
or (ii) the proceeds received by such Indemnitee from its sale of securities under such registration statement. No person found guilty of fraudulent misrepresentation (within the meaning of
Section 11(f) of the Securities Act) shall be entitled to contribution from any person who was not found guilty of such fraudulent misrepresentation. 

        e.    Survival Regardless of Investigation.    The indemnification and contribution provided for in this
Section 1 will remain in full force and effect regardless of any investigation made by or on behalf of the Indemnitee or any officer, director, employee, agent or controlling person of the
Indemnitee. 

        f.    Change in Control.    The Company agrees that if there is a Change in Control of the Company (other than a
Change in Control which has been approved by a majority of the Company's Board of Directors who were directors immediately prior to such Change in Control) then, with respect to all matters thereafter
arising concerning the rights of Indemnitee to payments of Expenses under this Agreement or any other agreement or under the Company's Articles of Incorporation, as amended (the "Articles"), or Bylaws
as now or hereafter in effect, Independent Legal Counsel (as defined in Section 10(d) hereof) shall be selected by the Indemnitee and approved by the Company (which approval shall not be
unreasonably withheld). Such counsel, among other things, shall render its written opinion to the Company and Indemnitee as to whether and to what extent Indemnitee would be permitted to be
indemnified under applicable law and Section 8 hereof. The Company agrees to abide by such opinion and to pay the reasonable fees of the Independent Legal Counsel referred to above and to fully
indemnify such counsel against any and all expenses (including attorneys' fees), claims, liabilities and damages arising out of or relating to this Agreement or its engagement pursuant hereto. 

        g.    Mandatory Payment of Expenses.    Notwithstanding any other provision of this Agreement, to the extent that
Indemnitee has been successful on the merits or otherwise, including, without limitation, the dismissal of an action without prejudice, in the defense of any action, suit, proceeding, inquiry or
investigation referred to in Section 1(a) hereof or in the defense of any claim, issue or matter therein, each Indemnitee shall be indemnified against all Expenses actually and reasonably
incurred by such Indemnitee in connection herewith. 

        2.    Expenses; Indemnification Procedure.    

        a.    Advancement of Expenses.    Subject to Section 8 and except as prohibited by applicable law, the Company
shall advance all Expenses actually and reasonably incurred by Indemnitee in connection with investigating, defending a witness in or participating in (including on appeal), or preparing to defend, be
a witness in or participate in, any Claim by reason of an Indemnification Event. The advances to be made hereunder shall be paid by the Company to Indemnitee as soon 

5

 

as
practicable but in any event no later than fifteen (15) days after written demand by such Indemnitee therefor to the Company. Each Indemnitee hereby undertakes to promptly repay such amounts
advanced only if, and to the extent that, it shall ultimately be determined by a court of competent jurisdiction that such Indemnitee is not entitled to be indemnified by the Company under the
provisions of this Agreement, the Articles of Incorporation or Bylaws of the Company, applicable law or otherwise. 

        b.    Notice/Cooperation by Indemnitee.    Indemnitee shall give the Company notice as soon as practicable of any
Claim made against Indemnitee for which indemnification will or could be sought under this Agreement. Notice to the Company shall be directed to the Chief Executive Officer of the Company at the
address shown on the signature page of this Agreement (or such other address as the Company shall designate in writing to Indemnitee). 

        c.    No Presumptions; Burden of Proof.    For purposes of this Agreement, the termination of any Claim by judgment,
order, settlement (whether with or without court approval) or conviction, or upon a plea of nolo contendere, or its equivalent, shall not create a presumption that Indemnitee did not meet any
particular standard of conduct or have any particular belief or that a court has determined that indemnification is not permitted by applicable law. In addition, neither the failure of the Reviewing
Party to have made a determination as to whether Indemnitee has met any particular standard of conduct or had any particular belief, nor an actual determination by the Reviewing Party that Indemnitee
has not met such standard of conduct or did not have such belief, prior to the commencement of legal proceedings by Indemnitee to secure a judicial determination that Indemnitee should be indemnified
under applicable law, shall be a defense to Indemnitee's claim or create a presumption that Indemnitee has not met any particular standard of conduct or did not have any particular belief. In
connection with any determination by the Reviewing Party or otherwise as to whether Indemnitee is entitled to be indemnified hereunder, the burden of proof shall be on the Company to establish that
Indemnitee is not so entitled. 

        d.    Notice to Insurers.    If, at the time of the receipt by the Company of a notice of a Claim pursuant to
Section 2(b) hereof, the Company has liability insurance in effect which may cover such Claim, the Company shall give prompt written notice of the commencement of such Claim to the insurers in
accordance with the procedures set forth in each of the policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all
amounts payable as a result of such action, suit, proceeding, inquiry or investigation in accordance with the terms of such policies. 

        e.    Selection of Counsel.    In the event the Company shall be obligated hereunder to pay the Expenses of any Claim,
the Company shall be entitled to assume the defense of such Claim, with counsel reasonably approved by the applicable Indemnitee, upon the delivery to such Indemnitee of written notice of its election
to do so. After delivery of such notice, approval of such counsel by the Indemnitee and the retention of such counsel by the Company, the Company will not be liable to such Indemnitee under this
Agreement for any fees of counsel subsequently incurred by such Indemnitee with respect to the same Claim; provided that, (i) the Indemnitee shall have the right to employ such Indemnitee's
counsel in any such Claim at the Indemnitee's expense; (ii) the Indemnitee shall have the right to employ its own counsel in connection with any such proceeding, at the expense of the Company,
if such counsel serves in a review, observer, advice and counseling capacity and does not otherwise materially control or participate in the defense of such proceeding; and (iii) if
(A) the employment of counsel by the Indemnitee has been previously authorized by the Company, (B) such Indemnitee shall have reasonably concluded that there is a conflict of interest
between the Company and such Indemnitee in the conduct of any such defense, or (C) the Company shall not continue to retain such counsel to defend such Claim, then the fees and expenses of the
Indemnitee's counsel shall be at the expense of the Company. The Company shall have the right to conduct such defense as it sees fit in its sole discretion, including the right 

6

 

to
settle any claim against the Indemnitee with the written consent of the Indemnitee that shall not be unreasonably withheld. 

        3.    Additional Indemnification Rights; Nonexclusivity.    

        a.    Scope.    The Company hereby agrees to indemnify Indemnitee with respect to Claims for Indemnification Events to
the fullest extent permitted by law, even if such indemnification is not specifically authorized by the other provisions of this Agreement or any other agreement, the Articles, the Company's Bylaws or
by statute. In the event of any change after the date of this Agreement in any applicable law, statute or rule which expands the right of a California corporation to indemnify a member of its Board of
Directors or an officer, shareholder, employee, controlling person, agent or fiduciary, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits
afforded by such change. In the event of any change in any applicable law, statute or rule which narrows the right of a California corporation to indemnify a member of its Board of Directors or an
officer, employee, agent or fiduciary, such change, to the extent not otherwise required by such law, statute or rule to be applied to this Agreement, shall have no effect on this Agreement or the
parties' rights and obligations hereunder except as set forth in Section 8(a) hereof. 

        b.    Nonexclusivity.    Notwithstanding anything in this Agreement, the indemnification provided by this Agreement
shall be in addition to any rights to which Indemnitee may be entitled under the Articles, the Company's Bylaws, any agreement, any vote of shareholders or disinterested directors, the laws of the
State of California, or otherwise. Notwithstanding anything in this Agreement, the indemnification provided under this Agreement shall continue as to each Indemnitee for any action such Indemnitee
took or did not take while serving in an indemnified capacity even though the Indemnitee may have ceased to serve in such capacity and such indemnification shall inure to the benefit of each
Indemnitee from and after Indemnitee's first day of service as a director with the Company or affiliation with a director from and after the date such director commences services as a director with
the Company (subject however to Section 21 below). 

        4.    No Duplication of Payments.    The Company shall not be liable under this Agreement to
make any payment in connection with any Claim made against any Indemnitee to the extent such Indemnitee has otherwise actually received payment (under any insurance policy, Articles, Bylaws or
otherwise) of the amounts otherwise indemnifiable hereunder. 

        5.    Partial Indemnification.    If any Indemnitee is entitled under any provision of this
Agreement to indemnification by the Company for any portion of Expenses actually and reasonably incurred in connection with any Claim, but not, however, for all of the total amount thereof, the
Company shall nevertheless indemnify Indemnitee for the portion of such Expenses to which such Indemnitee is entitled. 

        6.    Mutual Acknowledgement.    The Company and each Indemnitee acknowledge that in certain
instances, Federal law or applicable public policy may prohibit the Company from indemnifying its directors, officers, employees, controlling persons, agents or fiduciaries under this Agreement or
otherwise. 

        7.    Liability Insurance.    To the extent the Company maintains liability insurance
applicable to directors, officers, employees, control persons, agents or fiduciaries, each Indemnitee shall be covered by such policies in such a manner as to provide Indemnitee the same rights and
benefits in all material respects as are accorded to the most favorably insured of the Company's directors, if such Indemnitee is a director, or of the Company's officers, if such Indemnitee is not a
director of the Company but is an officer; or of the Company's key employees, controlling persons, agents or fiduciaries, if such Indemnitee is not an officer or director but is a key employee, agent,
control person, or fiduciary. 

7

 

        8.    Exceptions.    Any other provision herein to the contrary notwithstanding, the Company
shall not be obligated pursuant to the terms of this Agreement: 

        a.    Claims Initiated by an Indemnitee.    To indemnify or advance expenses to the Indemnitee with respect to Claims
initiated or brought voluntarily by the Indemnitee and not by way of defense, except with respect to proceedings brought to establish or enforce a right to indemnification under this Agreement or
statute or law, but such indemnification or advancement of expenses may be provided by the Company in specific cases if the Board of Directors has approved the initiation or bringing of such suit; 

        b.    Claims Under Section 16(b).    To indemnify any Indemnitee for expenses and the payment of profits
arising from the purchase and sale by such Indemnitee of securities in violation of Section 16(b) of the Exchange Act or any similar successor statute; 

        c.    Unlawful Indemnification.    To indemnify an Indemnitee if a final decision by a court having jurisdiction in
the matter shall determine that such indemnification is not lawful or would violate the fiduciary duty of the Board of Directors of the Company, or to indemnify an Indemnitee with respect to any Claim
brought by or in the name of the Company against an Indemnitee if a final decision by a court having jurisdiction in the matter shall determine that such indemnification would violate the fiduciary
duty of the Board of Directors of the Company; 

        d.    Unauthorized Settlements.    To indemnify the Indemnitees hereunder for any amounts paid in settlement of a
proceeding unless the Company consents in advance in writing to such settlement, which consent shall not be unreasonably withheld; 

        e.    Fraud.    To indemnify an Indemnitee if a final decision by a court having jurisdiction in the matter shall
determine that the Indemnitee has committed fraud on the Company or with respect to any intentional misconduct on the part of an Indemnitee; 

        f.    Company Contracts.    To indemnify an Indemnitee with respect to any Claim related to any dispute or breach
arising under any contract or similar obligation between the Company and such Indemnitee; or 

        g.    Insurance.    To indemnify any Indemnitee for which payment is actually and fully made to Indemnitee under a
valid and collectible insurance policy. 

        9.    Period of Limitations.    No legal action shall be brought and no cause of action shall
be asserted by or in the right of the Company against any Indemnitee, any Indemnitee's estate, spouse, heirs, executors or personal or legal representatives after the expiration of five
(5) years from the date of accrual of such cause of action, and any claim or cause of action of the Company shall be extinguished and deemed released unless asserted by the timely filing of a
legal action within such five (5) year period; provided, however, that if any shorter period of limitations is otherwise applicable to any such cause of action, such shorter period shall
govern. 

        10.    Construction of Certain Phrases.    

        a.     For
purposes of this Agreement, references to the "Company" shall include, in addition to the resulting corporation, any constituent corporation (including any
constituent of a constituent) absorbed in a consolidation or merger which, if its separate existence had continued, would have had power and authority to indemnify its directors, officers, employees,
agents or fiduciaries, so that if Indemnitee is or was or may be deemed a director, officer, employee, agent, control person, or fiduciary of such constituent corporation, or is or was or may be
deemed to be serving at the request of such constituent corporation as a director, officer, employee, control person, agent or fiduciary of another corporation, partnership, joint venture, employee
benefit plan, trust or other enterprise, each Indemnitee shall stand in the same position under the provisions of this Agreement with respect to the resulting or surviving corporation as each 

8

 

Indemnitee
would have with respect to such constituent corporation if its separate existence had continued. 

        b.     For
purposes of this Agreement, references to "other enterprises" shall include employee benefit plans; references to "fines" shall include any excise taxes assessed on
any Indemnitee with respect to an employee benefit plan; and references to "serving at the request of the Company" shall include any service as a director, officer, employee, agent or fiduciary of the
Company which imposes duties on, or involves services by, such director, officer, employee, agent or fiduciary with respect to an employee benefit plan, its participants or its beneficiaries; and if
any Indemnitee acted in good faith and in a manner such Indemnitee reasonably believed to be in the interest of the participants and beneficiaries of an employee benefit plan, such Indemnitee shall be
deemed to have acted in a manner "not opposed to the best interests of the Company" as referred to in this Agreement. 

        c.     For
purposes of this Agreement a "Change in Control" shall be deemed to have occurred if (i) any "person" (as such term is used in Sections 13(d)(3) and 14(d)(2)
of the Exchange Act), other than a trustee or other fiduciary holding securities under an employee benefit plan of the Company or a corporation owned directly or indirectly by the shareholders of the
Company in substantially the same proportions as their ownership of stock of the Company, (A) who is or becomes the beneficial owner, directly or indirectly, of securities of the Company
representing 20% or more of the combined voting power of the Company's then outstanding Voting Securities, increases his beneficial ownership of such securities by 5% or more over the percentage so
owned by such person, or (B) becomes the "beneficial owner" (as defined in Rule 13d-3 under said Exchange Act), directly or indirectly, of securities of the Company
representing more than 30% of the total voting power represented by the Company's then outstanding Voting Securities, (ii) during any period of two consecutive years, individuals who at the
beginning of such period constitute the Board of Directors of the Company and any new director whose election by the Board of Directors or nomination for election by the Company's shareholders was
approved by a vote of at least two-thirds (2/3) of the directors then still in office who either were directors at the beginning of the period or whose election or
nomination for election was previously so approved, cease for any reason to constitute a majority of the Board of Directors of the Company, or (iii) the shareholders of the Company approve a
merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the Voting Securities of the Company outstanding immediately prior thereto
continuing to represent (either by remaining outstanding or by being converted into Voting Securities of the surviving entity) at least two-thirds (2/3) of the total voting
power represented by the Voting Securities of the Company or such surviving entity outstanding immediately after such merger or consolidation, or the shareholders of the Company approve a plan of
complete liquidation of the Company or an agreement for the sale or disposition by the Company of (in one transaction or a series of transactions) all or substantially all of the Company's assets. 

        d.     For
purposes of this Agreement, "Independent Legal Counsel" shall mean an attorney or firm of attorneys, selected in accordance with the provisions of Section 1(e)
hereof, who shall not have otherwise performed services for the Company or any Indemnitee within the last three (3) years (other than with respect to matters concerning the right of any
Indemnitee under this Agreement, or of other indemnitees under similar indemnity agreements). 

        e.     For
purposes of this Agreement, a "Reviewing Party" shall mean any appropriate person or body consisting of a member or members of the Company's Board of Directors or any
other person or body appointed by the Board of Directors who is not a party to the particular Claim for which Indemnitee is seeking indemnification, or Independent Legal Counsel. 

9

 

        f.      For
purposes of this Agreement, "Voting Securities" shall mean any securities of the Company that vote generally in the election of directors. 

        11.    Counterparts.    This Agreement may be executed in one or more counterparts, each of
which shall constitute an original. 

        12.    Binding Effect; Successors and Assigns.    This Agreement shall be binding upon and
inure to the benefit of and be enforceable by the parties hereto and their respective successors, assigns, including any direct or indirect successor by purchase, merger, consolidation or otherwise to
all or substantially all of the business and/or assets of the Company, spouses, heirs, and personal and legal representatives. The Company shall require and cause any successor (whether direct or
indirect by purchase, merger, consolidation or otherwise) to all, substantially all, or a substantial part, of the business and/or assets of the Company, by written agreement in form and substance
reasonably satisfactory to each Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such
succession had taken place. This Agreement shall continue in effect with respect to Claims relating to Indemnifiable Events regardless of whether any Indemnitee continues to serve as a director,
officer, employee, agent, controlling person, or fiduciary of the Company or of any other enterprise, including subsidiaries of the Company, at the Company's request. 

        13.    Attorneys' Fees.    In the event that any action is instituted by an Indemnitee under
this Agreement or under any liability insurance policies maintained by the Company to enforce or interpret any of the terms hereof or thereof, any Indemnitee shall be entitled to be paid all Expenses
actually and reasonably incurred by such Indemnitee with respect to such action if such Indemnitee is ultimately successful in such action. In the event of an action instituted by or in the name of
the Company under this Agreement to enforce or interpret any of the terms of this Agreement, the Indemnitee shall be entitled to be paid Expenses actually and reasonably incurred by such Indemnitee in
defense of such action (including costs and expenses actually and reasonably incurred with respect to Indemnitee counterclaims and cross-claims made in such action), and shall be entitled to the
advancement of Expenses with respect to such action, in each case only to the extent that such Indemnitee is ultimately successful in such action. 

        14.    Notice.    All notices and other communications required or permitted hereunder shall
be in writing, shall be effective when given, and shall in any event be deemed to be given (a) five (5) days after deposit with the U.S. Postal Service or other applicable postal
service, if delivered by first class mail, postage prepaid, (b) upon delivery, if delivered by hand, (c) one business day after the business day of deposit with Federal Express or
similar overnight courier, freight prepaid, or (d) one day after the business day of delivery by facsimile transmission, if deliverable by facsimile transmission, with copy by first class mail,
postage prepaid, and shall be addressed if to Indemnitee, at each Indemnitee's address as set forth beneath the Indemnitee's signature to this Agreement and if to the Company at the address of its
principal corporate offices (attention: Secretary) or at such other address as such party may designate by ten (10) days' advance written notice to the other party hereto. 

        15.    Severability.    The provisions of this Agreement shall be severable in the event that
any of the provisions hereof (including any provision within a single section, paragraph or sentence) are held by a court of competent jurisdiction to be invalid, void or otherwise unenforceable, and
the remaining provisions shall remain enforceable to the fullest extent permitted by law. Furthermore, to the fullest extent possible, the provisions of this Agreement (including, without limitations,
each portion of this
Agreement containing any provision held to be invalid, void or otherwise unenforceable, that is not itself invalid, void or unenforceable) shall be construed so as to give effect to the intent
manifested by the provision held invalid, illegal or unenforceable. 

        16.    Choice of Law.    For so long as the Company is incorporated under the laws of
California this Agreement shall be governed by and its provisions construed and enforced in accordance with the laws 

10

 

of
the State of California, as applied to contracts between California residents, entered into and to be performed entirely within the State of California, without regard to the conflict of laws
principles thereof; provided that if in the future the state of incorporation of the Company should change to another state then from and after such date (i) this Agreement shall be governed by
and its provisions construed and enforced in accordance with the laws of such state of incorporation, as applied to contracts between such state's residents, entered into and to be performed entirely
within such state, without regard to the conflict of laws principles thereof, and (ii) each reference in this Agreement to California shall be replaced with a reference to such state.. 

        17.    Subrogation.    In the event of payment under this Agreement, the Company shall be
subrogated to the extent of such payment to all of the rights of recovery of Indemnitee who shall execute all documents required and shall do all acts that may be necessary to secure such rights and
to enable the Company effectively to bring suit to enforce such rights. 

        18.    Amendment and Termination.    No amendment, modification, termination or cancellation
of this Agreement shall be effective unless it is in writing signed by the parties to be bound thereby. Notice of same shall be provided to all parties hereto. No waiver of any of the provisions of
this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof (whether or not similar) nor shall such waiver constitute a continuing waiver. 

        19.    Corporate Authority.    The Board of Directors of the Company and its shareholders in
accordance with California law have approved the terms of this Agreement. 

        20.    No Construction as Employment Agreement.    Nothing contained in this Agreement shall
be construed as giving an Indemnitee any right to be retained in the employ of the Company or any of its subsidiaries. 

        21.    Termination.    Notwithstanding anything herein, the Company shall have no obligations
to any Indemnitee under this Agreement with respect to any Claims for any Indemnification Events arising from or related to events, circumstances and actions or omissions which occur or which are
alleged to have occurred ninety (90) days after the date on which Amal Johnson or any other person designated by
or affiliated with (by employment or ownership) Lightspeed Venture Partners (such date, the "Termination Date") no longer serves as a member of the Board of Directors, it being understood by the
parties that each Indemnitee will be entitled to all of the benefits and rights accorded such party under this Agreement with respect to any Claims for any Indemnification Events arising from or
related to events, circumstances and actions or omissions which have occurred or which are alleged to have occurred prior to the Termination Date. 

[Remainder
of Page Left Blank] 

11

        IN
WITNESS WHEREOF, the parties hereto have executed this Indemnification Agreement on and as of the day and year first above written. 

	 	 	ALIBRIS

a California corporation
	

 	
 	

By:	

    

	

 	
 	

INDEMNITEES:
 
	

 	
 	

As Individual:
	

 	
 	

    
 [Individual]
	

 	
 	

Entity:
	

 	
 	

By:	

    

	

 	
 	

By:	

    
 [Signatory for Entity]

QuickLinks

Exhibit 10.03

Schedule of Omitted Details

INDEMNIFICATION AGREEMENT

RECITALS

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