Document:

EX-10.14

 Exhibit 10.14 

[***] = Certain information contained in this document, marked by brackets, has been omitted because it is both not material and would be competitively
harmful if publicly disclosed. 
 PRICING AGREEMENT 

This Pricing Agreement (“Agreement”) is entered into as of the date of last signature (“Effective Date”) by and between Personalis, Inc.
(hereinafter “Personalis”), a California corporation, having a place of business at 1330 Obrien Dr., Menlo Park CA 94025-1436, and Illumina, Inc., a Delaware corporation, having a place of business at 5200 IIlumina Way, San Diego, CA 92122
(hereinafter “Seller”) referred to individually as “Party” and collectively as “Parties.” 
 WHEREAS,
Personalis has requested from Seller certain product pricing, with such pricing to become effective if and when the products become commercially available; and 

WHEREAS, Seller has provided such product pricing to Personalis, with such pricing to become effective if and when the products become
commercially available; 
 NOW THEREFORE, in consideration of the mutual promises set forth herein, the Parties hereby agree to the terms and conditions of
the Agreement as follows: 
  

	 	1.	 Products and Pricing 

If and when the Product is made commercially available, the Product shall be made available to Personalis for purchase pursuant to the pricing listed in Table
1.0. 
 “Product” or “Kit” means NovaSegTM 5000/6000 S4 Reagent Kit (300
cycles) (Catalog number to be determined) 
 “Fiscal Year” or “FY” means January 1 through December 31 of the current calendar
year (as defined in Table 1.0). 
 Table 1.0 
  

													
	Pricing per Kit Based on Volume Commitment For Fiscal Year (FY)
	 Number of

Genomes
	  	# S4 Kits	  	
10/11/17 -

06/30/19
	  	
07/01/19 -

12/31/19
	  	
01/01/20 -

12/31/20
	  	 01/01/21-
 12/31/21
	  	
01/01/22 -

12/31/22

	
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 If and when the Product is made commercially available, and on an annual basis thereafter, Seller will issue
Personalis an annual standing quote that will represent pricing for the Products made available to Personalis, consistent with Table 1.0 for the applicable Fiscal Year (“Annual Standing Quote”). The Annual Standing Quote will be valid
during the Fiscal Year. With respect to such Annual Standing Quote, for Products shipped during each Fiscal Year referenced in Table 1.0, Illumina shall make available to Customer the price corresponding to the number of Kits for which Customer has
committed to Illumina that Customer would purchase and take delivery of during such Fiscal Year (“Purchase Commitment”). Purchase orders for Products shall be issued against the appropriate standing quote provided by Seller to Personalis.
In the event Customer does not meet the applicable Purchase Commitment for a Fiscal Year, Customer may opt for (i) Customer to take delivery of and pay Illumina for additional Kits such that Customer meets the applicable Purchase Commitment, or
(ii) Illumina to invoice Customer and Customer shall pay to Illumina the difference between the pricing that Illumina made available to Customer during the applicable Fiscal Year and the pricing Customer should have received based on the actual
purchases of Kits during the applicable Fiscal Year. 
 Pricing offered in Table 1.0 is conditioned upon the following: 

[***]     
  

	 	2.	 Terms and Conditions 

If and when the Product is made commercially available, the Product shall be made available to Personalis for purchase exclusively pursuant to Seller’s
then-current terms and conditions located at:
https://www.illumina.com/content/dam/illumina-marketing/documents/terms-conditions/united-states/usa-terms-and-conditions-of-sale-general.pdf.
 
  

	 	3.	 Payment Terms 

Seller will invoice upon shipment. For purchases against this Agreement only, all payments are due within [***] days of the date of the invoice. All amounts
due shall be paid in the currency found on the invoice. If payment is made by wire or other electronic funds transfer, Personalis is solely responsible for any bank or other fees charged, and will reimburse Seller for any such fees. If any payment
is not made by the due date Seller may exercise all rights and remedies available by law. Personalis shall pay for all costs (including reasonable attorneys’ fees) incurred by Seller in connection with the collection of late payments. Each
purchase order is a separate, independent transaction, and Personalis has no right of set-off against other purchase orders or other transactions with Seller. Seller will determine payment terms on a per-order basis and may modify credit terms in its discretion. Any amounts not paid when due will accrue interest at the rate of [***], or the maximum amount allowed by law, if lower. 

 The Parties indicate their agreement by their signatures of their respective authorized representatives.

  

									
	PERSONALIS	 		 	ILLUMINA, INC.
					
	By:	 	 /s/ Carol J. Tillis
	 		 	By:	 	 /s/ Nicole Berry

	Name:	 	 Carol J. Tillis
	 		 	Name:	 	 Nicole Berry

	Title:	 	 VP Finance & Administration
	 		 	Title:	 	 VP, AMR Sales

	Date:	 	 11/22/2017
	 		 	Date:	 	 11/21/2017EX-10.16

 Exhibit 10.16 

 

									
	     

    
	  		  		  		  	

  
 

 
 [***] = Certain information contained in this document, marked by brackets, has been omitted because it is both not
material and would be competitively harmful if publicly disclosed. 
 QUOTATION FOR SUPPLY OF GENETIC ANALYSIS PRODUCTS 

Prepared by: 
 Illumina, Inc.

 5200 Illumina Way 

San Diego, CA 92122-4616 , US 

Hereinafter referred to as “Illumina” 

Prepared For: 
 Personalis 

Hereinafter referred to as “ Personalis ” 
  

			
	  
 Quotation
Number:
  
 Quotation Date:

 
 Expiration Date:

 
 Prepared By:
  

Phone Number:
  

Email:
  
	 	  

[***]
  

February 22, 2019
  

February 14, 2020
  

[***]
  

[***]
  

[***]
  

  
  

Page 1 of 12 

									
	     

    
	  		  		  		  	

  
  

 

 I. CUSTOMER INFORMATION 
  

			
	  

Company or Institution Name:
	 	  

Personalis

	 	 
	 Address:

 
	 	 1330 Obrien Dr, Menlo Park CA 94025-1436.

 

 II. PRODUCT & PRICING INFORMATION 

Customer receives the following [***] on the product families listed below (excludes [***] consumables, software, hardware or new instrument purchases). For
[***] to apply, Customer must agree to the following: 
  

	•	 	 This Master Quote, which can be used for multiple purchases, will only be valid until 5:00pm on the expiration
date listed on page 1. 

  

	•	 	 All Customer Purchase Orders received by Illumina [***] must be in the quoted currency and reference this
quotation. 

  

	•	 	 [***]. Illumina shall at its sole discretion, adjust [***] for future products or for any [***] to the products
offered on this Quotation. 

  

	•	 	 The pricing and terms of this offer are kept confidential except as needed to execute the purchase.

  

	•	 	 [***] for consumables applies only to the product families specified in the table herein. 

 

	•	 	 Customer understands that product pricing stated herein is not inclusive of any applicable shipping, freight
and/or taxes. Any estimated shipping and freight charges listed on this quotation may differ from actual charges. Any shipping/freight costs will be pre-paid and charged back to Customer. Customer accepts
responsibility for any actual incurred shipping/freight costs. 

  

			
	 	 
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 [***] 
 III.
CONDITIONS OF SALE 
 By submitting an order, Customer accepts and agrees that the Terms and Conditions is the sole and exclusive agreement between
Customer and Illumina with respect to the Illumina products and/or services as described above and accepts all other terms of this quotation. NOTWITHSTANDING THE FOREGOING, IF ILLUMINA AND CUSTOMER HAVE ENTERED INTO A VALID AND ENFORCEABLE AGREEMENT
GOVERNING THE ILLUMINA PRODUCTS AND/OR SERVICES DESCRIBED ABOVE, THE ORDER OF PRECEDENCE BETWEEN THE AGREEMENT AND THE TERMS AND CONDITIONS SHALL BE AS FOLLOWS: IN THE EVENT OF A CONFLICT BETWEEN THE TERMS OF THE AGREEMENT AND THE TERMS AND
CONDITIONS, OR IF THE AGREEMENT INCLUDES ADDITIONAL TERMS NOT ADDRESSED IN THE TERMS AND CONDITIONS, THE AGREEMENT SHALL GOVERN WITH RESPECT TO SUCH TERMS. Illumina does not supply plastics such as microplates or pipette tips for use in the listed
assays and these are not included in the consumables pricing provided; however, as a result of the highly multiplexed nature of all assays, plastics alone contribute minimally to the final cost. 

  
  

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 Customer and Illumina agree as follows: 

 

	•	 	 Customer’s purchase of the products referenced in this Quotation is not conditioned on future performance
characteristics or applications, whether or not realized. 

  

	•	 	 Unless otherwise agreed by Illumina in writing, Illumina will not assist Customer in developing, testing, or
validating unsupported applications. 

  

	•	 	 Illumina will not replace any consumables or reagent kits if the cause of any performance failure is due to
unsupported applications. 

  

	•	 	 Illumina is unable to provide any assurances or guarantee that the performance of the products referenced in this
Quotation will match published specifications when used for unsupported applications. 

 IV. SHIP HOLD 

In cases where this Quotation does not include a pre-defined ship schedule, the following ship hold terms shall apply:

  

	•	 	 All orders must have a defined ship schedule. The initial ship date must be no later than three (3) months
from the date the purchase order is received by Illumina (as provided in the Order Confirmation) and the entire order must be shipped complete within twelve (12) months from Illumina’s receipt of the purchase order. 

 

	•	 	 Any exceptions to these ship hold terms must be agreed to in writing by Illumina and the Customer must pre-pay at least fifty percent (50%) of the purchase order amount of the affected shipments. 

  

	•	 	 Customers may request two (2) shipment delays for any single purchase order. The total months of delayed
shipment for shipments associated with a single purchase order shall not exceed six (6) months. 

  

	•	 	 If Customer has requested a delayed shipment, Illumina reserves the right to change the lead time necessary to
initiate Customer’s first shipment (which may be longer than the lead time quoted at the time of the order placement). 

  

	•	 	 If Customer cannot take shipment in accordance with these terms, Illumina reserves the right to cancel the order
in its entirety without any liability to the Customer. 

  
  

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 V. HOW TO ORDER 

RUO & DX Goods, Instruments and Warranty Coverage (including BlueGnome) 

 

			
	  

For all consumable orders:
  

Please submit your order online through MyIllumina

(http://my.illumina.com).
	  	 For all other
orders:
  
 Please submit your institutional Purchase Order and a complete copy of this
quotation to the attention of:
  
 Illumina Customer Service

 
 customerservice@illumina.com

 
 Phone: +1.858.202.4566

Toll Free: +1.800.809.ILMN (4566)

Fax: +1.858.202.4766
  

 VI. EXPIRATION OF OFFER 

The offer contained in this document is revocable at the sole discretion of Illumina if not executed by Customer and a purchase order received by Illumina
before 5:00 pm Pacific Time on the expiration date shown on page 1 of this quotation. 

  
  

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 Terms and Conditions of Sale 

http://www.illumina.com/content/dam/illumina-marketing/documents/terms-conditions/united-states/usa-terms-and-conditions-of-sale-general.pdf.
 Additionally, if Customer is purchasing Illumina professional consulting services as relate to instruments, Customer environment or workflows (in all cases, excluding instrument
warranty services) (“Professional Services”), Customer agrees such Professional Services are exclusively governed by the Terms and Conditions - Services (Professional Services) located here:
http://www.illumina.com/content/dam/ illumina-marketing/
documents/company/terms-and-conditions-services.pdf 

  
  

Page 12 of 12

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