Document:

EX-10.12

 Exhibit 10.12 

INCENTIVE STOCK OPTION AGREEMENT 

UNDER THE STARRY, INC. AMENDED AND RESTATED 

2014 STOCK OPTION AND GRANT PLAN 
  

					
	Name of Optionee:	  	  
	  	(the “Optionee”)
			
	No. of Underlying Shares:	  	  
	  	Shares of Nonvoting Common Stock
			
	Grant Date:	  	  
	  	
			
	Vesting Commencement Date:	  	  
	  	(the “Vesting Commencement Date”)
			
	Expiration Date:	  	  
	  	(the “Expiration Date”)
			
	Option Exercise Price/Share:	  	  
	  	(the “Option Exercise Price”)

 Pursuant to the Starry, Inc. Amended and Restated 2014 Stock Option and Grant Plan (the
“Plan”), Starry, Inc, a Delaware corporation (together with any successor thereto, the “Company”), hereby grants to the Optionee, who is an employee of the Company or any of its Subsidiaries, an option (the
“Stock Option”) to purchase on or prior to the Expiration Date, or such earlier date as is specified herein, all or any part of the number of shares of Nonvoting Common Stock, par value $0.001 per share (“Common
Stock”), of the Company indicated above (the “Underlying Shares,” and such shares once issued shall be referred to as the “Option Shares”), at the Option Exercise Price per share, subject to the terms and
conditions set forth in this Incentive Stock Option Agreement (this “Agreement”) and in the Plan. This Stock Option is intended to qualify as an “incentive stock option” as defined in Section 422(b) of the Internal
Revenue Code of 1986, as amended from time to time (the “Code”). To the extent that any portion of the Stock Option does not so qualify, it shall be deemed a non-qualified stock option. 

All capitalized terms used herein and not otherwise defined shall have the respective meanings set forth in the Plan. 

1.    Vesting, Exercisability and Termination. 

(a)    No portion of this Stock Option may be exercised until such portion shall have vested and become exercisable. 

(b)    Except as set forth below, and subject to the determination of the Administrator in its sole discretion to
accelerate the vesting schedule hereunder, this Stock Option shall be vested and exercisable with respect to the Underlying Shares on the respective dates indicated below: 

(i)    All Underlying Shares shall initially be unvested and unexercisable. 

(ii)    Twenty-five percent (25%) of the Underlying Shares shall vest and become exercisable on the one
(1) year anniversary of the Vesting Commencement Date, provided that the Optionee continues to have a Service Relationship with the Company at such time. 

 (iii)    Thereafter, the remaining seventy-five percent
(75%) of the Underlying Shares shall vest and become exercisable in twelve (12) equal quarterly installments at the end of each quarter following the one (1) year anniversary of the Vesting Commencement Date, provided the Optionee
continues to have a Service Relationship with the Company at such time. 
 Notwithstanding anything herein to the contrary in the case of a
Sale Event, this Stock Option shall be treated as provided in Section 3(c) of the Plan. 

(c)    Termination. Except as may otherwise be provided by the Administrator, if the Optionee’s Service
Relationship is terminated, the period within which to exercise this Stock Option will be subject to earlier termination as set forth below (and if not exercised within such period, shall thereafter terminate subject, in each case to
Section 3(c) of the Plan): 
 (i)    Termination Due to Death or Disability. If the
Optionee’s Service Relationship terminates by reason of such Optionee’s death or disability (as defined in Section 422(c) of the Code), this Stock Option may be exercised, to the extent exercisable on the date of such termination, by
the Optionee, the Optionee’s legal representative or legatee for a period of twelve (12) months from the date of death or disability or until the Expiration Date, if earlier. 

(ii)    Other Termination. If the Optionee’s Service Relationship terminates for any reason
other than death or disability (as defined in Section 422(c) of the Code), and unless otherwise determined by the Administrator, this Stock Option may be exercised, to the extent exercisable on the date of termination, for a period of ninety
(90) days from the date of termination or until the Expiration Date or other termination date, if earlier; provided however, that if the Optionee’s Service Relationship is terminated for Cause, this Stock Option shall
terminate immediately upon the date of such termination. 
 For purposes hereof, the Administrator’s determination of the reason for
termination of the Optionee’s Service Relationship shall be conclusive and binding on the Optionee and his or her representatives or legatees. Any portion of this Stock Option that is not exercisable on the date of termination of the Service
Relationship shall terminate immediately and be null and void. 
 (d)    It is understood and intended that this Stock
Option is intended to qualify as an “incentive stock option” as defined in Section 422 of the Code to the extent permitted under applicable law. Accordingly, the Optionee understands that in order to obtain the benefits of an
incentive stock option under Section 422 of the Code, no sale or other disposition may be made of Option Shares for which incentive stock option treatment is desired within the one-year (1) period
beginning on the day after the day of the transfer of such Option Shares to him or her, nor within the two-year (2) year period beginning on the day after Grant Date of this Stock Option and, further,
that this Stock Option must be exercised within three (3) months after termination of employment as an employee (or twelve (12) months in the case of death or disability) to qualify as an incentive stock option. If the Optionee disposes
(whether by sale, gift, transfer or otherwise) of any such Option Shares within either of these periods, he or she 

  
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will notify the Company within thirty (30) days after such disposition. The Optionee also agrees to provide the Company with any information concerning any such dispositions required by the
Company for tax purposes. Further, to the extent the Underlying Shares and any other incentive stock options of the Optionee having an aggregate Fair Market Value in excess of $100,000 (determined as of the Grant Date) first become exercisable in
any year, such options will not qualify as incentive stock options. 
 2.    Exercise of Stock Option. 

(a)    The Optionee may exercise this Stock Option only in the following manner: Prior to the Expiration Date, the
Optionee may deliver a Stock Option exercise notice (an “Exercise Notice”) in the form of Appendix A hereto indicating his or her election to purchase some or all of the Underlying Shares with respect to which this Stock
Option is exercisable at the time of such notice. Such notice shall specify the number of Underlying Shares to be purchased. Payment of the purchase price may be made by one or more of the methods described in Sections 5(a)(iv)(A), (B), (C) or
(D) of the Plan, subject to the limitations contained in such Sections of the Plan, including the requirement that the Administrator specifically approve in advance certain payment methods. 

(b)    Notwithstanding any other provision hereof or of the Plan, no portion of this Stock Option shall be exercisable
after the Expiration Date. 
 (c)    No Stock Option may be exercised unless the Optionee first executes and becomes a
party to that certain Voting Agreement and that certain Right of First Refusal and Co-Sale Agreement, each dated as of December 10, 2014, by and among the Company and the Stockholders, as such agreements
may be amended from time to time, with respect to the Underlying Shares. 
 3.    Incorporation of Plan.
Notwithstanding anything herein to the contrary, this Stock Option shall be subject to and governed by all the terms and conditions of the Plan. 

4.    Transferability of Stock Option. This Agreement is personal to the Optionee and is not transferable by the
Optionee in any manner other than by will or by the laws of descent and distribution. The Stock Option may be exercised during the Optionee’s lifetime only by the Optionee (or by the Optionee’s guardian or personal representative in the
event of the Optionee’s incapacity). The Optionee may elect to designate a beneficiary by providing written notice of the name of such beneficiary to the Company, and may revoke or change such designation at any time by filing written notice of
revocation or change with the Company; such beneficiary may exercise the Optionee’s Stock Option in the event of the Optionee’s death to the extent provided herein. If the Optionee does not designate a beneficiary, or if the designated
beneficiary predeceases the Optionee, the legal representative of the Optionee may exercise this Stock Option to the extent provided herein in the event of the Optionee’s death. 

5.    Restrictions on Transfer of Option Shares. The Option Shares acquired upon exercise of the Stock Option shall
be subject to certain transfer restrictions and other limitations including, without limitation, the provisions contained in Section 9 of the Plan. 

  
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 6.    Miscellaneous Provisions. 

(a)    Equitable Relief. The parties hereto agree and declare that legal remedies may be inadequate to enforce the
provisions of this Agreement and that equitable relief, including specific performance and injunctive relief, may be used to enforce the provisions of this Agreement. 

(b)    Adjustments for Changes in Capital Structure. If, as a result of any reorganization, recapitalization,
reincorporation, reclassification, stock dividend, stock split, reverse stock split or other similar change in the Common Stock, the outstanding shares of Common Stock are increased or decreased or are exchanged for a different number or kind of
shares of the Company’s stock, the restrictions contained in this Agreement shall apply with equal force to additional and/or substitute securities, if any, received by the Optionee in exchange for, or by virtue of his or her ownership of,
Option Shares. 
 (c)    Change and Modifications. This Agreement may not be orally changed, modified or
terminated, nor shall any oral waiver of any of its terms be effective. This Agreement may be changed, modified or terminated only by an agreement in writing signed by the Company and the Optionee. 

(d)    Governing Law. This Agreement shall be governed by and construed in accordance with the Delaware General
Corporation Law as to matters within the scope hereof, and as to all other matters shall be governed by and construed in accordance with the internal laws of the State of Delaware, without regard to conflict of law principles that would result in
the application of any law other than the law of the State of Delaware. 
 (e)    Headings. The headings are
intended only for convenience in finding the subject matter and do not constitute part of the text of this Agreement and shall not be considered in the interpretation of this Agreement. 

(f)    Saving Clause. If any provision(s) of this Agreement shall be determined to be illegal or unenforceable,
such determination shall in no manner affect the legality or enforceability of any other provision hereof. 

(g)    Notices. All notices, requests, consents and other communications shall be in writing and be deemed given
when delivered personally, by telex or facsimile transmission or when received if mailed by first class registered or certified mail, postage prepaid. Notices to the Company or the Optionee shall be addressed as set forth underneath their signatures
below, or to such other address or addresses as may have been furnished by such party in writing to the other. 

(h)    Benefit and Binding Effect. This Agreement shall be binding upon and shall inure to the benefit of the
parties hereto, their respective successors, permitted assigns, and legal representatives. The Company has the right to assign this Agreement, and such assignee shall become entitled to all the rights of the Company hereunder to the extent of such
assignment. 

  
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 (i)    Counterparts. For the convenience of the parties and to
facilitate execution, this Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which shall constitute one and the same document. 

7.    Dispute Resolution. 

(a)    Except as provided below, any dispute arising out of or relating to the Plan or this Stock Option,
this Agreement, or the breach, termination or validity of the Plan, this Stock Option or this Agreement, shall be finally settled by binding arbitration conducted expeditiously in accordance with the J.A.M.S./Endispute Comprehensive Arbitration
Rules and Procedures (the “J.A.M.S. Rules”). The arbitration shall be governed by the United States Arbitration Act, 9 U.S.C. Sections 1 16, and judgment upon the award rendered by the arbitrators may be entered by any court having
jurisdiction thereof. The place of arbitration shall be Massachusetts. 
 (b)    The arbitration shall
commence within sixty (60) days of the date on which a written demand for arbitration is filed by any party hereto. In connection with the arbitration proceeding, the arbitrator shall have the power to order the production of documents by each
party and any third-party witnesses. In addition, each party may take up to three depositions as of right, and the arbitrator may in his or her discretion allow additional depositions upon good cause shown by the moving party. However, the
arbitrator shall not have the power to order the answering of interrogatories or the response to requests for admission. In connection with any arbitration, each party to the arbitration shall provide to the other, no later than seven business days
before the date of the arbitration, the identity of all persons that may testify at the arbitration and a copy of all documents that may be introduced at the arbitration or considered or used by a party’s witness or expert. The
arbitrator’s decision and award shall be made and delivered within six months of the selection of the arbitrator. The arbitrator’s decision shall set forth a reasoned basis for any award of damages or finding of liability. The arbitrator
shall not have power to award damages in excess of actual compensatory damages and shall not multiply actual damages or award punitive damages, and each party hereby irrevocably waives any claim to such damages. 

(c)    The Company, the Optionee, each party to the Agreement and any other holder of Common Stock issued pursuant to
this Agreement (each, a “Party”) covenants and agrees that such party will participate in the arbitration in good faith. This Section 7 applies equally to requests for temporary, preliminary or permanent injunctive relief,
except that in the case of temporary or preliminary injunctive relief any party may proceed in court without prior arbitration for the limited purpose of avoiding immediate and irreparable harm. 

(d)    Each Party (i) hereby irrevocably submits to the jurisdiction of any United States District Court of
competent jurisdiction for the purpose of enforcing the award or decision in any such proceeding, (ii) hereby waives, and agrees not to assert, by way of motion, as a defense, or otherwise, in any such suit, action or proceeding, any claim that
it is not subject personally to the jurisdiction of the above named courts, that its property is exempt or immune from attachment or execution (except as protected by applicable law), that the suit, action or proceeding is brought in an inconvenient
forum, that the venue of the suit, action or proceeding 

  
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is improper or that this Agreement or the subject matter hereof may not be enforced in or by such court, and (iii) hereby waives and agrees not to seek any review by any court of any other
jurisdiction which may be called upon to grant an enforcement of the judgment of any such court. Each Party hereby consents to service of process by registered mail at the address to which notices are to be given. Each Party agrees that its, his or
her submission to jurisdiction and its, his or her consent to service of process by mail is made for the express benefit of each other Party. Final judgment against any Party in any such action, suit or proceeding may be enforced in other
jurisdictions by suit, action or proceeding on the judgment, or in any other manner provided by or pursuant to the laws of such other jurisdiction. 

[SIGNATURE PAGE FOLLOWS] 

  
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 The foregoing Agreement is hereby accepted and the terms and conditions thereof hereby
agreed to by the undersigned as of the date first above written. 
  

			
	STARRY, INC.
		
	By:	 	  

		 	Name: William J. Lundregan
		 	Title: Senior Vice President

 The undersigned hereby acknowledges receiving and reviewing a copy of the Plan, including, without limitation,
Section 9 thereof, and understands that the Stock Option granted hereby is subject to the terms of the Plan and of this Agreement. This Agreement is hereby accepted, and the terms and conditions of the Plan and this Agreement, SPECIFICALLY
INCLUDING THE ARBITRATION PROVISIONS IN SECTION 7 OF THIS AGREEMENT, are hereby agreed to, by the undersigned as of the date first above written. 
  

	
	OPTIONEE:
	
	  

	Name:
	
	Address:
	
	  

	
	  

	
	  

	
	DESIGNATED BENEFICIARY:
	
	  

	Name:
	
	Address:
	
	  

	
	  

	
	  

 [Signature Page to Stock Option Exercise Notice] 

 APPENDIX A 

STOCK OPTION EXERCISE NOTICE 
 STARRY,
INC. 
 Attn: Chief Financial Officer 
 38 Chauncy Street,
Suite 200 
 Boston, MA 02111 
 Pursuant to the
terms of the stock option agreement between the undersigned and Starry, Inc. (the “Company”) dated [___________] (the “Agreement”) under the Starry, Inc. Amended and Restated 2014 Stock Option and Grant Plan, as
amended, I, [Insert Name] _________________, hereby [Circle One] [partially]/[fully] exercise such option by including herein payment in the amount of $______, representing the purchase price for [Fill in number of Underlying Shares] ___________
Underlying Shares. I have chosen the following form(s) of payment: 
  

					
	[ ]	  	1.	  	Cash
			
	[ ]	  	2.	  	Certified or bank check payable to Starry, Inc.
			
	[ ]	  	3.	  	 Other (as referenced in the Agreement and described in the Plan

(please describe))

			
		  		  	  

 In connection with my exercise of the option as set forth above, I hereby represent and warrant to the
Company as follows: 
 (i)    I am purchasing the Underlying Shares for my own account for investment
only, and not for resale or with a view to the distribution thereof. 
 (ii)    I have had such an
opportunity as I have deemed adequate to obtain from the Company such information as is necessary to permit me to evaluate the merits and risks of my investment in the Company and have consulted with my own advisers with respect to my investment in
the Company. 
 (iii)    I have sufficient experience in business, financial and investment matters to be
able to evaluate the risks involved in the purchase of the Underlying Shares and to make an informed investment decision with respect to such purchase. 

(iv)    I can afford a complete loss of the value of the Option Shares and am able to bear the economic
risk of holding such Option Shares for an indefinite period of time. 
 (v)    I understand that the
Option Shares may not be registered under the Securities Act of 1933 (it being understood that the Option Shares are being issued 

 
and sold in reliance on the exemption provided in Rule 701 thereunder) or any applicable state securities or “blue sky” laws and may not be sold or otherwise transferred or disposed of
in the absence of an effective registration statement under the Securities Act of 1933 and under any applicable state securities or “blue sky” laws (or exemptions from the registration requirement thereof). I further acknowledge that
certificates representing Option Shares will bear restrictive legends reflecting the foregoing and/or that book entries for uncertificated Option Shares will include similar restrictive notations. 

(vi)    I have executed and become a party to that that certain Voting Agreement, dated as of
December 10, 2014, by and among the Company and the Stockholders, as such agreement may be amended from time to time, and delivered an executed counterpart to the Company, with respect to the Underlying Shares. 

 

	
	Sincerely yours,
	
	  

	Name:
	
	Address:EX-10.13

 Exhibit 10.13 

STARRY, INC. 
 AMENDED
AND RESTATED 2014 STOCK OPTION AND GRANT PLAN 
 RESTRICTED STOCK UNIT GRANT NOTICE 

Starry, Inc., a Delaware corporation, (the “Company”), pursuant to its Amended and Restated 2014 Stock Option and Grant Plan
(as may be amended from time to time, the “Plan”), hereby grants to the individual listed below (“Participant”), an award of Restricted Stock Units (“RSUs”). Each RSU represents the right to
receive, in accordance with this Grant Notice and the Restricted Stock Unit Award Agreement attached hereto as Exhibit A (together, the “Agreement”), one share of the Company’s Nonvoting Common Stock, par value $0.001
per share (“Stock”), upon the terms and conditions described herein and the Plan, each of which is incorporated herein by reference. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings
in this Agreement. If the Company uses an electronic capitalization system (such as Carta) and the fields below are blank or the information is otherwise provided in a different format electronically, the blank fields and other information shall be
deemed incorporated herein from the electronic capitalization system and considered part of this Agreement. 
  

			
	Participant:	  	  

		
	Grant Date:	  	  

		
	Total Number of RSUs:	  	  

		
	Vesting Commencement Date:	  	  

		
	Expiration Date:	  	7th Anniversary of the Grant Date.
		
	Settlement of RSUs:	  	On each Vesting Date (as defined below), Participant shall become entitled to receive one share of Stock with respect to each RSU that vests on such Vesting Date. The shares to which Participant becomes entitled will be delivered to
Participant on such date determined by the Company that shall in no event be later than March 15 of the calendar year following the calendar year during which such shares vested.
		
	 Vesting Schedule:
	  	 Two vesting requirements must be satisfied on or before the Expiration Date in order for an RSU to vest: a service-based requirement (the
“Service-Based Requirement”) and a liquidity event requirement (the “Liquidity Event Requirement”). No RSUs will vest (in whole or in part) if only one (or if neither) of such requirements is satisfied on or before
the Expiration Date. If both the Service-Based Requirement and Liquidity Event Requirement are satisfied on or before the Expiration Date, the vesting date (“Vesting Date”) of an RSU will be the first date upon which both
requirements were satisfied with respect to that particular RSU.
  
 Liquidity Event
Requirement: The Liquidity Event Requirement will be satisfied (as to any then-outstanding RSU that has not theretofore been terminated pursuant to Section 3 of the Agreement) on the first to occur of: (1) the day following the
expiration of the lock up period that is in effect following a Listing Event, provided that a Termination Event has not occurred prior to

  
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		 	 such time and (2) the consummation of a Sale Event, provided, that, in the event the Liquidity Event is the consummation of the
transactions contemplated by that certain Letter of Intent, dated September 1, 2021, by and between FirstMark Horizon Acquisition Corp. and Starry, Inc., the Participant must have a Service Relationship with the Company through the closing date
of such transactions to constitute a Liquidity Event for purposes of the Liquidity Event Requirement. A “Listing Event” shall occur if the Company consummates (i) an initial public offering or direct listing of any class of
common stock of the company or any parent or subsidiary or successor of the company formed for the purpose of effecting such transaction or (ii) a merger (or similar transaction) with a special purpose acquisition company, the result of which
is that any class of common stock of the Company or the parent or successor entity of the Company is listed on the New York Stock Exchange, the Nasdaq Stock Market or other securities exchange.

 
 Service-Based Requirement: The Service-Based Requirement will be satisfied as to
twenty-five percent (25%) of the RSUs on the one (1) year anniversary of the Vesting Commencement Date, provided that the Participant continues to have a Service Relationship with the Company at such time. Thereafter, the remaining seventy-five
percent (75%) of the RSUs will achieve the Service-Based Requirement in twelve (12) equal quarterly installments at the end of each quarter following the one-(1) year anniversary of the date of the
Vesting Commencement Date, provided that the Participant continues to have a Service Relationship with the Company at such time.

 By Participant’s signature below or by electronic acceptance or authentication in a form authorized by
the Company, Participant agrees to be bound by the terms and conditions of the Plan and this Agreement. Participant has reviewed this Agreement and the Plan in their entirety, has had an opportunity to obtain the advice of counsel prior to executing
this Agreement and fully understands all provisions of this Agreement and the Plan. Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions arising under the Plan
and this Agreement. 
  

									
	STARRY, INC.:	 		 	PARTICIPANT:
					
	By:	 	  
	 		 	By:	 	  

	Print Name:	 	  
	 		 	Print Name:	 	  

	Title:	 	  
	 		 		 	
	Address:	 	 38 Chauncy St., Suite 200
	 		 	Address:	 	  

		 	 Boston, MA 02111
	 		 		 	  

  
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 EXHIBIT A 

TO RESTRICTED STOCK UNIT GRANT NOTICE 

RESTRICTED STOCK UNIT AWARD AGREEMENT 

1.    Grant. Pursuant to the Restricted Stock Unit Grant Notice (the “Grant Notice”) to which this
Restricted Stock Unit Award Agreement (the “Agreement”) is attached, Starry, Inc., a Delaware corporation (the “Company”), has granted to the individual set forth in the Grant Notice (the
“Participant”) that number of Restricted Stock Units (“RSUs”) set forth in the Grant Notice under the Company’s Amended and Restated 2014 Stock Option and Grant Plan (as may be amended from time to time, the
“Plan”), as set forth in the Grant Notice, subject to all of the terms and conditions contained in this Agreement, the Grant Notice and the Plan. All capitalized terms used but not defined herein shall have the meanings ascribed to
such terms in the Plan and the Grant Notice unless the context clearly indicates otherwise. Notwithstanding anything to the contrary anywhere else in this Agreement, this grant of RSUs is subject to the terms and provisions of the Plan, which is
incorporated herein by reference and which shall control in the event of any inconsistency between this Agreement and the Plan. 

2.    RSUs. On each Vesting Date, Participant shall become entitled to one share of Stock with respect to each RSU
that vests on such Vesting Date. Unless and until an RSU vests, Participant will have no right to settlement in respect of any such RSU. The Company shall deliver the shares to which Participant becomes entitled on such date determined by the
Company that shall in no event be later than March 15 of the calendar year following the calendar year during which such shares vested. Prior to actual settlement in respect of any vested RSU, such RSU will represent an unsecured obligation of
the Company, payable (if at all) only from the general assets of the Company. 
 3.    Vesting and Forfeiture.

 (a)     Subject to Sections 3(b) and 3(c) below, the RSUs shall vest in accordance with the Vesting Schedule set
forth in the Grant Notice. 
 (b)     Notwithstanding the foregoing, in the event of a Termination Event with respect
Participant, all RSUs that have not satisfied the Service-Based Requirement on or prior to the date of such termination shall be immediately forfeited by Participant as of the date of such Termination Event without any payment of consideration
therefor. 
 (c)    Further notwithstanding the foregoing, in the event that the Liquidity Event Requirement is not
satisfied prior to the Expiration Date set forth in the Grant Notice, then the RSUs shall be forfeited by Participant as of the Expiration Date without any payment of consideration therefor. 

4.    Tax Withholding. The Company shall have the authority and the right to deduct or withhold, or to require
Participant to remit to the Company, an amount sufficient to satisfy all applicable federal, state and local taxes (including Participant’s employment tax obligations, if any) required by law to be withheld with respect to any taxable event
arising in connection with the RSUs and/or the shares of Stock. The Company shall not be obligated to deliver shares of Stock (whether in book entry or certificated form) to Participant or Participant’s legal representative unless and until
Participant shall have paid or otherwise satisfied in full the amount of all federal, state and local withholding taxes applicable to the taxable income of Participant arising in connection with the RSUs and/or the shares of Stock. 

  
 A-1 

 5.    Rights as Stockholder. Neither Participant nor any person
claiming under or through Participant will have any of the rights or privileges of a stockholder of the Company in respect of any shares of Stock that may become deliverable hereunder unless and until certificates representing such shares of Stock
shall have been issued, recorded on the records of the Company or its transfer agents or registrars, and delivered in certificate or book entry form to Participant or any person claiming under or through Participant. 

6.    Non-Transferability. Except as may be expressly determined by the
Administrator, neither the RSUs nor any interest or right therein may be transferred in any manner except by will or by the laws of descent or distribution. The terms of this Agreement shall be binding upon the executors, administrators, heirs,
successors and assigns of Participant. 
 7.    Distribution of Shares. Notwithstanding anything herein to the
contrary, (a) no payment shall be made under this Agreement in the form of shares of Stock unless such shares of Stock issuable upon such payment are then registered under the Securities Act or, if such shares of Stock are not then so
registered, the Administrator has determined that such payment and issuance would be exempt from the registration requirements of the Securities Act, and (b) the Company shall not be required to issue or deliver any shares of Stock (whether in
certificated or book-entry form) pursuant to this Agreement prior to the fulfillment of the conditions set forth in the Plan. In addition, if at any time the Company determines, in its discretion, that the listing, registration or qualification of
the shares of Stock or other securities under any applicable law or regulation, or the consent or approval of any governmental regulatory authority, is necessary or desirable as a condition to the issuance of shares of Stock or other securities to
Participant (or his or her estate, as applicable), such issuance will not occur unless and until such listing, registration, qualification, consent or approval will have been effected or obtained free of any conditions not acceptable to the Company.
The Company will use reasonable efforts to meet the requirements of any such applicable law or regulation and to obtain any such consent or approval of any such governmental authority. 

8.    Lock-Up Period. Participant hereby agrees that if so requested by the
Company or any representative of the underwriters (the “Managing Underwriter”) in connection with any Listing Event, Participant shall not sell or otherwise transfer any shares of Stock or other securities of the Company during the
one hundred eighty (180)-day period (or such longer period as may be requested in writing by the Managing Underwriter and agreed to in writing by the Company) (the “Market Standoff Period”)
following the effective date of a registration statement of the Company filed under the Securities Act or in connection with any Listing Event, as applicable. The Company may impose stop-transfer instructions
with respect to securities subject to the foregoing restrictions until the end of such Market Standoff Period. 

9.    Restrictions on Shares. Shares of Stock issued pursuant to the RSUs shall be subject to such terms and
conditions as the Administrator shall determine in its sole discretion, including, without limitation, transferability restrictions, repurchase rights, requirements that such shares of Stock be transferred in the event of certain transactions,
rights of first refusal with respect to permitted transfers of shares, voting agreements, tag-along rights and bring-along rights. Such terms and conditions may, in the Administrator’s sole discretion, be
contained in such other agreement as the Administrator shall determine, in each case in a form determined by the Administrator. The issuance of such shares of Stock shall be conditioned on Participant’s consent to such terms and conditions
and/or Participant’s entering into such agreement or agreements. In addition, Participant acknowledges and agrees that delivery of any shares of Stock in respect of RSUs shall be subject to and conditioned upon Participant making such
representations as the Administrator shall deem necessary or advisable, in its sole discretion. 

  
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 10.    Securities Law Compliance. Participant agrees and
acknowledges that Participant will not transfer in any manner the shares of Stock or other securities issued pursuant to the RSUs granted by this Agreement unless (a) the transfer is pursuant to an effective registration statement under the
Securities Act, or the rules and regulations in effect thereunder, or (b) counsel for the Company shall have reasonably concluded that no such registration is required because of the availability of an exemption from registration under the
Securities Act. To the extent permitted by any applicable laws or regulations, the Plan and this Agreement shall be deemed amended to the extent necessary to conform to such applicable laws or regulations. 

11.    No Effect on Service Relationship. Nothing in this Agreement or in the Plan shall confer upon Participant
any right to continue to serve as a director, employee or Consultant of the Company or any parent or subsidiary thereof, or shall interfere with or restrict in any way the rights of the Company or any parent or subsidiary thereof, which rights are
hereby expressly reserved, to discharge Participant at any time for any reason whatsoever, with or without cause, except to the extent expressly provided otherwise in a written agreement between Participant and the Company or any parent or
subsidiary thereof. 
 12.    Severability. In the event that any provision in this Agreement is held invalid or
unenforceable, such provision will be severable from, and such invalidity or unenforceability will not be construed to have any effect on, the remaining provisions of this Agreement, which shall remain in full force and effect. 

13.    Investment Representations. Participant hereby represents, warrants, covenants, acknowledges and agrees on
behalf of Participant and his or her spouse or domestic partner, if applicable, that (a) Participant is holding the RSUs for Participant’s own account, and not for the account of any other person, and (b) Participant is holding the
RSUs for investment and not with a view to distribution or resale thereof except in compliance with Applicable Laws regulating securities. 

14.    Tax Consultation. Participant understands that Participant may suffer adverse tax consequences in connection
with the RSUs granted pursuant to this Agreement. Participant represents that Participant has consulted with any tax consultants that Participant deems advisable in connection with the RSUs and that Participant is not relying on the Company for tax
advice. 
 15.    Amendments, Suspension and Termination. To the extent permitted by the Plan, this Agreement may
be wholly or partially amended or otherwise modified, suspended or terminated at any time or from time to time by the Administrator. 

16.    Conformity to Securities Laws. Participant acknowledges that the Plan and this Agreement are intended to
conform to the extent necessary with all provisions of the Securities Act and the Exchange Act and any and all regulations and rules promulgated by the U.S. Securities and Exchange Commission thereunder, and all applicable state securities laws and
regulations. Notwithstanding anything herein to the contrary, the Plan shall be administered, and the RSUs are granted, only in such a manner as to conform to such laws, rules and regulations. To the extent permitted by Applicable Law, the Plan and
this Agreement shall be deemed amended to the extent necessary to conform to such laws, rules and regulations. 

17.    Code Section 409A. The RSUs are not intended to constitute “nonqualified deferred
compensation” within the meaning of Section 409A of the Code (together with all related Department of Treasury guidance, “Section 409A”). However, notwithstanding any other provision of the Plan, this
Agreement or the Grant Notice to the contrary, if the Administrator determines that the RSUs or any amounts payable under this Agreement may be subject to Section 409A, the shares underlying such RSUs

  
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shall be delivered on the sixtieth (60th) day following the date the RSUs vest and the Administrator may adopt such other amendments to the
Plan, this Agreement or the Grant Notice or adopt other policies or procedures (including amendments, policies and procedures with retroactive effective), or take any other action that the Administrator determines to be necessary or appropriate to
either (a) exempt the amounts payable under this Agreement from Section 409A and/or preserve the intended tax treatment of such amounts, or (b) comply with the requirements of Section 409A; provided, however, that
nothing in this Section 17 shall create any obligation on the part of the Company to adopt any such amendment or take any other action. 

18.    Adjustments. Participant acknowledges that the RSUs are subject to modification and termination in certain
events as provided in this Agreement and Section 8 of the Plan. 
 19.    Notices. Notices required or
permitted hereunder shall be given in writing and shall be deemed effectively given upon personal delivery or upon deposit in the United States mail by certified mail, with postage and fees prepaid, addressed to Participant to his or her address
shown in the Company records, and to the Company at its principal executive office, or to such other address as either party may designate in writing from time to time to the other party. 

20.    Successors and Assigns. The Company may assign any of its rights under this Agreement to single or multiple
assignees, and this Agreement shall inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer contained herein, this Agreement shall be binding upon Participant and his or her heirs, executors,
administrators, successors and assigns. 
 21.    Governing Law. This Agreement shall be governed and construed
in accordance with the laws of the State of Delaware, without giving effect to any principles of conflicts of law. 

22.    Captions. Captions provided herein are for convenience only and are not to serve as a basis for
interpretation or construction of this Agreement. 

  
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