Document:

EX-10.4

 Exhibit 10.4 

 

Certain confidential information contained in this document, marked by brackets, has been omitted because it is both (i) not material and
(ii) is the type that the registrant treats as private or confidential 

 ASSET PURCHASE AGREEMENT 

BY AND AMONG 
 QUALCOMM
TECHNOLOGIES, INC. 
 QUALCOMM FRANCE SARL 

together as Acquiror, 

ARTERIS HOLDINGS, INC., 

ARTERIS, INC., 
 AND

 ARTERIS, SAS 

OCTOBER 9, 2013 
  

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 1.
	 	DEFINITIONS	  	 	1	 
			
	 2.
	 	PURCHASE & SALE OF PURCHASED ASSETS	  	 	13	 
			
		 	 2.1  Purchased Assets
	  	 	13	 
		 	 2.2  Excluded Assets
	  	 	14	 
		 	 2.3  Assumed Liabilities
	  	 	16	 
		 	 2.4  Retained Liabilities
	  	 	16	 
		 	 2.5  Purchase Price; Payment of Purchase Price
	  	 	18	 
		 	 2.6  Allocation of Purchase Price
	  	 	18	 
		 	 2.7  Closing
	  	 	18	 
		 	 2.8  Escrow
	  	 	18	 
		 	 2.9  Prorations
	  	 	19	 
			
	 3.
	 	REPRESENTATIONS AND WARRANTIES OF TARGET	  	 	19	 
			
		 	 3.1  Organization, Standing and Power; Subsidiaries
	  	 	19	 
		 	 3.2  Authority
	  	 	20	 
		 	 3.3  Governmental Authorization
	  	 	21	 
		 	 3.4  Financial Statements
	  	 	21	 
		 	 3.5  Absence of Certain Changes
	  	 	21	 
		 	 3.6  Reserved
	  	 	22	 
		 	 3.7  Litigation
	  	 	22	 
		 	 3.8  Intellectual Property
	  	 	22	 
		 	 3.9  Target Products
	  	 	30	 
		 	 3.10  Privacy; Security Measures
	  	 	30	 
		 	 3.11  Minute Books
	  	 	30	 
		 	 3.12  Material Contracts
	  	 	31	 
		 	 3.13  Real Estate
	  	 	31	 
		 	 3.14  Title to Property
	  	 	32	 
		 	 3.15  Environmental Matters
	  	 	32	 
		 	 3.16  Taxes
	  	 	33	 
		 	 3.17  Employee Benefit Plans
	  	 	34	 
		 	 3.18  Employee Matters
	  	 	37	 
		 	 3.19  Insurance
	  	 	38	 
		 	 3.20  Compliance With Laws
	  	 	38	 
		 	 3.21  Brokers’ and Finders’ Fee
	  	 	38	 
		 	 3.22  Absence of Unlawful Payments
	  	 	38	 
		 	 3.23  Compliance with Rights of First Refusal
	  	 	39	 
		 	 3.24  “Size of Person” Threshold
	  	 	39	 
		 	 3.25  Export Control
	  	 	39	 
		 	 3.26  Solvency
	  	 	39	 
		 	 3.27  Representations Complete
	  	 	40	 
		 	 3.28  Exclusivity of Representations and Warranties
	  	 	40	 

							
			
	 4.
	 	 REPRESENTATIONS AND WARRANTIES OF ACQUIROR
	  	 	40	 
			
		 	 4.1  Organization, Standing and Power
	  	 	40	 
		 	 4.2  Authority
	  	 	40	 
		 	 4.3  Fair Market Valuation
	  	 	41	 
			
	 5.
	 	 CONDUCT PRIOR TO THE CLOSING
	  	 	41	 
			
		 	 5.1  Conduct of Business of Target
	  	 	41	 
		 	 5.2  No Solicitation
	  	 	43	 
		 	 5.3  Open Source Removal
	  	 	43	 
			
	 6.
	 	 ADDITIONAL AGREEMENTS
	  	 	43	 
			
		 	 6.1  Approval of Stockholders
	  	 	43	 
		 	 6.2  Notice of Written Consent
	  	 	43	 
		 	 6.3  Access to Information
	  	 	44	 
		 	 6.4  Public Disclosure
	  	 	44	 
		 	 6.5  Regulatory Approval; Further Assurances
	  	 	44	 
		 	 6.6  Notification of Certain Matters
	  	 	46	 
		 	 6.7  Employees
	  	 	46	 
		 	 6.8  Expenses
	  	 	47	 
		 	 6.9  Release and Termination of Security Interests
	  	 	47	 
		 	 6.10  Required Contract Consents
	  	 	47	 
		 	 6.11  Tax Matters
	  	 	48	 
		 	 6.12  Reserved
	  	 	49	 
		 	 6.13  Financial Statement Deliverables
	  	 	49	 
		 	 6.14  Certain Transitional Matters
	  	 	49	 
		 	 6.15  Further Assurances
	  	 	49	 
		 	 6.16  Reconciliation
	  	 	49	 
		 	 6.17  Non-Solicit
	  	 	50	 
		 	 6.18  Bulk Sales
	  	 	51	 
		 	 6.19  Agreements Relating to Transfer of Purchased Assets
	  	 	51	 
		 	 6.20  RELEASE
	  	 	52	 
		 	 6.21  Termination of Intra-Company
IP Agreements
	  	 	55	 
		 	 6.22  Confidentiality
	  	 	55	 
			
	 7.
	 	 CONDITIONS TO CLOSING
	  	 	56	 
			
		 	 7.1  Conditions to Obligations of Each Party to Effect the Closing
	  	 	56	 
		 	 7.2  Additional Conditions to the Obligations of Acquiror
	  	 	57	 
		 	 7.3  Additional Conditions to Obligations of Target
	  	 	60	 
			
	 8.
	 	 TERMINATION, AMENDMENT AND WAIVER
	  	 	61	 
			
		 	 8.1  Termination
	  	 	61	 
		 	 8.2  Effect of Termination
	  	 	62	 
		 	 8.3  Amendment
	  	 	62	 

  
 ii 

							
		 	 8.4  Extension; Waiver
	  	 	62	 
			
	 9.
	 	 INDEMNIFICATION
	  	 	62	 
			
		 	 9.1  Indemnification by Target and Acquiror
	  	 	62	 
		 	 9.2  Indemnification Claims
	  	 	66	 
		 	 9.3  Resolution of Conflicts
	  	 	66	 
		 	 9.4  Third-Party Claims
	  	 	1	 
		 	 9.5  Collateral Sources
	  	 	1	 
		 	 9.6  Effect of Investigation
	  	 	1	 
		 	 9.7  Exclusive Remedy
	  	 	1	 
		 	 9.8  Tax Treatment
	  	 	1	 
			
	 10.
	 	 GENERAL PROVISIONS
	  	 	2	 
			
		 	 10.1  Notices
	  	 	2	 
		 	 10.2  Counterparts; Facsimile
	  	 	3	 
		 	 10.3  Entire Agreement; Nonassignability; Parties in Interest
	  	 	3	 
		 	 10.4  Severability
	  	 	3	 
		 	 10.5  Governing Law
	  	 	3	 
		 	 10.6  Rules of Construction
	  	 	4	 
		 	 10.7  Specific Enforcement
	  	 	4	 
		 	 10.8  Interpretation
	  	 	4	 

  

  
 iii 

 LIST OF EXHIBITS 

 

			
	Exhibit A	  	Executed Written Consent
		
	Exhibit B	  	Escrow Agreement
		
	Exhibit C	  	Retained Rights
		
	Exhibit D	  	Form of Assignment and Assumption Agreement
		
	Exhibit E	  	Form of Opinion of Cooley LLP
		
	Exhibit F-1	  	Form of USA Bill of Sale
		
	Exhibit F-2	  	Form of France Bills of Sale
		
	Exhibit G	  	Form of Patent Assignment
		
	Exhibit H	  	Form of Copyright Assignment
		
	Exhibit I	  	Form of License Agreement
		
	Exhibit J	  	Form of Transition Services Agreement Exhibit K Form of [****] Agreement
		
	Exhibit L	  	Form of Acquiror Customer Contract Termination

 LIST OF SCHEDULES 
  

			
	Schedule 1.1(a)	 	Required Stockholders
		
	Schedule 1.1(b)	 	Target Knowledge Individuals
		
	Schedule 1.1(c)	 	Permitted Target Restructuring Transactions
		
	Schedule 2.1(a)	 	Assigned Leases
		
	Schedule 2.1(e)	 	Assigned Contracts
		
	Schedule 2.2(j)	 	Excluded Tangible Personal Property
		
	Schedule 2.2(k)	 	Excluded Off-the-Shelf Software
		
	Schedule 2.2(l)	 	Excluded Prepaid Expenses
		
	Schedule 2.2(m)	 	Excluded Other Assets
		
	Schedule 2.5(b)	 	Purchase Price Target Allocation

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

			
	Schedule 2.6	 	Purchase Price Allocation
		
	Schedule 6.7(b)	 	Identified Employees
		
	Schedule 7.2(e)	 	Required Contract Consents Schedule 9.1(a)(vi) Indemnification by Target
		
	Schedule 9.1(g)	 	[****]

  

  
 ii 

[****] = Certain confidential information contained in this document, marked by brackets, has been omitted because it is both (i) not material and
(ii) is the type that the registrant treats as private or confidential. 

 ASSET PURCHASE AGREEMENT 

This ASSET PURCHASE AGREEMENT (the “Agreement”) is made and entered into as of October 9, 2013 by and among Qualcomm
Technologies, Inc., a Delaware corporation (“Parent Acquiror”), Subsidiary Acquiror, Arteris Holdings, Inc., a Delaware corporation (“Target Holdings”), Arteris, Inc., a Delaware corporation and wholly owned
subsidiary of Target Holdings (“Target USA Sub”), and Arteris, SAS, a French société par actions simplifiée and wholly owned subsidiary of Target Holdings (“Target France Sub”; Target Holdings,
Target USA Sub and Target France Sub are collectively referred to herein as “Target” and a reference to “Target” herein shall include within it a reference to each of Target Holdings, Target USA Sub and Target France Sub).

 RECITALS 
 A. Subject to the
terms and conditions set forth herein, Target desires to sell, convey, transfer, assign and deliver to Acquiror, and Acquiror desires to purchase and acquire from Target, free and clear of all Encumbrances, all of Target’s right, title and
interest in and to all of the Purchased Assets (the “Acquisition”). 
 B. Acquiror will deposit the Escrow Amount with the
Escrow Agent, the release of which will be contingent upon the occurrence of certain events and the satisfaction of certain conditions as set forth in Sections 2.8 and 9 and as set forth in the Escrow Agreement; 

C. Target and Acquiror desire to make certain representations and warranties and other agreements in connection with the Acquisition; and 

D. Promptly following the execution of this Agreement, but in any event within twenty-four
(24) hours thereafter, in order to induce Acquiror to enter into this Agreement, the stockholders of Target listed on Schedule 1.1(a) (the “Required Stockholders”) shall deliver to Acquiror an executed
Action by Written Consent of the Stockholders in the form attached hereto as Exhibit A (the “Executed Written Consent”) adopting, among other things, this Agreement. 

NOW, THEREFORE, in consideration of the covenants and representations set forth herein, and for other good and valuable consideration, the
parties agree as follows: 
 1. Definitions. As used in this Agreement, the following terms shall have the following meanings: 

“Acquiror” means, collectively, the Parent Acquiror and the Subsidiary Acquiror. 

“Acquiror Closing Certificate” has the meaning set forth in Section 7.3(c).  

“Acquiror Covered Information” has the meaning set forth in Section 6.22. 

“Acquiror Customer Contract Termination” has the meaning set forth in Section 7.2(s). 

“Acquiror Fundamental Representations” has the meaning set forth in Section 9.1(c)(ii). 

 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 “Acquiror Indemnified Person” and “Acquiror Indemnified
Persons” have the meanings set forth in Section 9.1(a). 
 “Acquiror Indemnity Cap” has
the meaning set forth in Section 9.1(f)(i). 
 “Acquisition” has the meaning set forth in
Recital A. 
 “Acquisition Proposal” has the meaning set forth in Section 5.2(a). 

“Affiliate” with respect to any Person, means any other Person directly or indirectly controlling, controlled by, or under
common control with such Person provided that, for purposes of this definition, “control” (including, with correlative meanings, the terms “controlled by” and “under common control with”), as used with respect to any
Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities or by contract or otherwise. 

“Agreement” has the meaning set forth in the introductory paragraph. 

“Applicable Law” means, collectively, all federal, state, provincial, foreign or local statute, law, ordinance, regulation,
rule, code, order, other requirement or rule of law. 
 “Assets” means properties, rights, goodwill, interests and assets
of every kind, real, personal or mixed, tangible and intangible. 
 “Assigned Contracts” has the meaning set forth in
Section 2.1(e). 
 “Assigned Leases” has the meaning set forth in
Section 2.1(a). 
 “Assumed Liabilities” has the meaning set forth in
Section 2.3. 
 “Bylaws” has the meaning set forth in Section 3.1(a).

 “CERCLA” has the meaning set forth in Section 3.15(a)(i).  

“Claims Period” has the meaning set forth in Section 9.2(c).  

“Closing” has the meaning set forth in Section 2.7. 

“Closing Date” has the meaning set forth in Section 2.7. 

“COBRA” means the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended. 

“Code” means the Internal Revenue Code of 1986, as amended. 

“Commercially Released Target Products” means the “Relevant Products” set forth and described in clauses
(i) and (ii) of Annex 1 of Exhibit C attached hereto (Retained Rights). 
  

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 2 

 “Confidentiality Agreement” has the meaning set forth in
Section 6.22. 
 “Contract” means any contract, agreement or arrangement, whether written or
oral. 
 “Copyrights” means all copyrights, copyrightable works and mask works (including all applications and
registrations for each of the foregoing), and all other rights corresponding thereto throughout the world. 
 “Covered Target
Employees” has the meaning set forth in Section 6.17(b). 
 “Damages” has the meaning
set forth in Section 9.1(a). 
 “Delaware Law” means the General Corporation Law of the State of
Delaware. 
 “Encumbrance” means any lien, pledge, hypothecation, charge, mortgage, security interest, option, right of
first refusal, right of first negotiation or any other encumbrance or restriction of any nature, in each case, other than any Permitted Encumbrance. 

“End Date” has the meaning set forth in Section 8.1(b). 

“Environmental Laws” has the meaning set forth in Section 3.15(a)(i). 

“Escrow Agent” means U.S. Bank National Association (or such other Persons as may hereafter be reasonably acceptable to
Parent Acquiror and Target France Sub). 
 “Escrow Agreement” means an escrow agreement in substantially the form attached
hereto as Exhibit B. 
 “Escrow Amount” means [****]. 

“Escrow Fund” means the fund established pursuant to the Escrow Agreement, including the amounts paid by Parent Acquiror to
the Escrow Agent at the Closing pursuant to Section 2.8 of this Agreement. 
 “Escrow Termination
Date” means the date which is twelve (12) months following the Closing Date. 
 “ERISA” has the meaning set
forth in Section 3.17(a). 
 “ERISA Affiliate” has the meaning set forth in
Section 3.17(a). 
 “Excluded Assets” has the meaning set forth in
Section 2.2. 
 “Excluded Contracts” has the meaning set forth in
Section 2.2(e). 
 “Executed Written Consent” has the meaning set forth in Recital D. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 3 

 “Fair Market Value” has the meaning set forth in 16 C.F.R.
§ 801.10(c) (3) 
 “Financial Statements Deliverables Date” has the meaning set forth in
Section 6.13.  
 “Foreign Target Employee Plan” has the meaning set forth in
Section 3.17(j). 
 “France Employee” means each employee of Target who is identified as a
‘France Employee’ on Schedule 6.7(b). 
 “France Employee Liabilities” means any and
all Liabilities arising or resulting from or related to any action or other claim by [****] in connection with this Agreement. 

“Fundamental Representations” has the meaning set forth in Section 9.1(c)(i). 

“GAAP” means United States generally accepted accounting principles. 

“Governmental Entity” has the meaning set forth in Section 3.3(a). 

“Hazardous Materials” has the meaning set forth in Section 3.15(a)(ii). 

“Hired Employees” has the meaning set forth in Section 7.2(t). 

“HSR” means the Hart-Scott-Rodino Antitrust
Improvements Act of 1976, as amended. 
 “Identified Employee” has the meaning set forth in
Section 6.7(b). 
 “Identified Public Software” has the meaning set forth in
Section 5.3. 
 “Indebtedness” means (i) all obligations for borrowed money, advancement of
funds or the deferred purchase price of property or services, including reimbursement and other obligations with respect to surety bonds and letters of credit, guarantees, prepayment penalties, fees or other charges related thereto, as well as any
interest or other premium accrued thereon, and (ii) all obligations evidenced by notes, bonds, debentures or similar instruments, contracts or arrangements, as well as any interest or other premium thereon. 

“Indemnified Person” has the meaning set forth in Section 9.2(a). 

“Indemnifying Person” has the meaning set forth in Section 9.2(a). 

“Intellectual Property” means any and all of the following in any country: (a)(i) Patents, (ii) Trademarks, (iii) rights
in domain names and domain name registrations, (iv) Copyrights, (v) Trade Secrets, and (vii) other intellectual property rights (whether or not appropriate steps have been taken to protect such rights under Applicable Law); and
(b) the right (whether at law, in equity, by contract or otherwise) to use, practice or otherwise exploit any of the foregoing. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 4 

 “Intra-Company IP
Agreements” means any and all Contracts between or among any of Target Holdings and any Target Subsidiary pursuant to which Target Holdings and/or any Target Subsidiary or any of their respective Affiliates, on the one hand, has granted any
rights, licenses or sublicenses of or with respect to any of the Target Intellectual Property or Target Technology (including Target Products) to any of Target Holdings and/or any Target Subsidiary or any of their respective Affiliates, on the other
hand. 
 “IP Representations” has the meaning set forth in Section 9.1(c)(i). 

“Knowledge of Target”, “Target’s Knowledge” or similar terms means the actual knowledge of a particular
fact or other matter by each of the individuals set forth on Schedule 1.1(b), provided, however, that any such individual shall be deemed to have “Knowledge” of a fact or matter if in exercising reasonable care
such individual would be expected to discover or become aware of that fact or matter in the course of carrying out his or her employment duties and responsibilities on behalf of Target. 

“Last Regularly Prepared Annual Statement of Income and Expense” shall mean Target’s last regularly prepared annual
statement of income and expense before the Closing Date that (a) includes the total worldwide annual net sales of Target’s ultimate parent entity (as that term is defined in 16 C.F.R. § 801.1(a)(3)), including each entity
controlled (as that term is defined in 16 C.F.R. § 801.1(b)) by it directly or indirectly, (b) is prepared in accordance with the accounting principles normally used by Target’s ultimate parent entity, and (c) is of a date
not more than fifteen (15) months prior to the Closing Date. 
 “Last Regularly Prepared Balance Sheet” shall mean
Target’s last regularly prepared balance sheet before the Closing Date that (a) includes the total worldwide assets of Target’s ultimate parent entity (as that term is defined in 16 C.F.R. § 801.1(a)(3)), including each
entity controlled (as that term is defined in 16 C.F.R. § 801.1(b)) by it directly or indirectly, (b) is prepared in accordance with the accounting principles normally used by Target’s ultimate parent entity, and (c) is of a
date not more than fifteen (15) months prior to the Closing Date. 
 “Legal Proceeding” means any action, suit,
litigation, arbitration, proceeding (including any civil, criminal, administrative, investigative or appellate proceeding), hearing, inquiry, audit, examination or investigation commenced, brought, conducted or heard by or before, or otherwise
involving, any court or other Governmental Entity or any arbitrator or arbitration panel. 
 “Liability” means any direct
or indirect Indebtedness, liability, assessment, expense, claim, loss, damage, obligation or responsibility, known or unknown, disputed or undisputed, joint or several, vested or unvested, executory or not, fixed or unfixed, choate or inchoate,
liquidated or unliquidated, secured or unsecured, determinable or undeterminable, accrued or unaccrued, absolute or not, actual or potential, contingent or otherwise (including any liability under any guarantees, letters of credit, performance
credits or with respect to insurance loss accruals). 
 “License Agreement” has the meaning set forth in
Section 7.2(p). 
 “Limitation” has the meaning set forth in
Section 9.1(d). 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 5 

 “Material Adverse Effect” means, with respect to any Person, any event,
change or effect that is materially adverse to the financial condition, properties, assets, liabilities, business, operations or results of operations of such Person and its subsidiaries, taken as a whole; provided, however, that
“Material Adverse Effect” shall not include any event, change or effect resulting from (i) changes in general United States or global economic or regulatory conditions, (ii) general changes or developments in the industry in
which Target operates, (iii) changes in any Applicable Laws (or the interpretation thereof) or GAAP (or the interpretation thereof), (iv) acts of war, sabotage, terrorism, or military action or the escalation thereof, (v) the failure of
Target to meet internal projections (it being understood that the facts or circumstances giving rise to any such failure may be taken into account in determining whether there has been a Material Adverse Effect), (vi) adverse event, change or effect
directly resulting from the identity of Acquiror as the counter-party to this Agreement, (vii) any loss of customers or suppliers by Target or (viii) omissions or actions taken by Target required by
this Agreement or omissions or actions taken at the specific written direction of Acquiror, except in the case of each of the foregoing clauses “(i),” “(ii),” “(iii)” and “(iv)” to the extent such changes,
developments or acts do not have a materially disproportionate effect on Target taken as a whole relative to other participants in the industry in which Target operates. 

“Material Contract” has the meaning set forth in Section 3.12(b). 

“Moral Rights” means moral rights in any works of authorship, including the right to the integrity of the work, the right to
be associated with the work as its author by name or under pseudonym and the right to remain anonymous, whether existing under judicial or statutory law of any country or jurisdiction worldwide, regardless of whether such right is called or
generally referred to as a “moral right.” 
 “Multiple Employer 401(k) Plan” means the TriNet 401(k) Plan. 

“Off-the-Shelf Software” means
any software (other than Public Software) that is made generally and widely available to the public on a commercial basis and is licensed on a non-exclusive basis under standard terms and conditions for an
annual license fee of less than Twenty-Five Thousand Dollars ($25,000) per license. 

“Officer’s Certificate” has the meaning set forth in Section 9.2(a). 

“Open License Terms” means terms applicable to a Work which require, as a condition of use, reproduction, modification and/or
distribution of the Work (or any portion thereof) or of any Related Software, any of the following: (a) the making available of source code or any information regarding the Work or any Related Software; (b) the granting of permission for
creating modifications to or derivative works of the Work or any Related Software; (c) the granting of a royalty-free license, whether express, implied, by virtue of estoppel or otherwise, to any Person
under Intellectual Property (including Patents) regarding the Work alone, any Related Software alone or the Work or Related Software in combination with other hardware or software; (d) imposes restrictions on future Patent licensing terms, or
other abridgement or restriction of the exercise or enforcement of any Intellectual Property through any means; (e) the obligation to include or otherwise communicate to other Persons any form of acknowledgement and/or

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 6 

 
copyright notice regarding the origin of the Work or Related Software other than reproductions of software not otherwise subject to any Open License Terms described in this definition; or
(f) the obligation to include disclaimer language, including warranty disclaimers and disclaimers of consequential damages. By means of example only and without limitation, Open License Terms includes any versions of the following agreements,
licenses or distribution models: (i) the GNU General Public License (GPL); (ii) Lesser/Library GPL (LGPL); (iii) the Common Development and Distribution License (CDDL); (iv) the Artistic License (including PERL); (v) the Netscape Public
License; (vi) the Sun Community Source License (SCSL) or the Sun Industry Standards License (SISL); (vii) the Apache License; (viii) the Common Public License; (ix) the Affero GPL (AGPL); (x) the Berkeley Software Distribution (BSD);
(xi) the Mozilla Public License (MPL), (xii) the Microsoft Limited Public License or (xiii) any licenses that are defined as OSI (Open Source Initiative) licenses as listed on the site www.opensource.org. 

“Organizational Documents” means, with respect to an entity, the certificate of incorporation,
by-laws, articles of organization, operating agreement, certificate of formation or similar governing documents of such entity. 

“Parent Acquiror” has the meaning set forth in the introductory paragraph. 

“Paris Lease” shall mean that certain Commercial Lease Agreement, dated October 1, 2012, between Target France Sub and
CFC Development. 
 “Patents” means all issued patents (including utility and design patents) and pending patent
applications (including invention disclosures, records of invention, certificates of invention and applications for certificates of inventions and priority rights) filed with any Regulatory Office, including all
non-provisional and provisional patent applications, substitutions, continuations, continuations-in-part, divisions, renewals,
revivals, reissues, re-examinations and extensions thereof. 
 “Pension Plan” has
the meaning set forth in Section 3.17(d). 
 “PEO Agreement” shall mean the Customer Service
Agreement between Target and TriNet HR Corporation dated May 25, 2011. 
 “PEO Benefit Plan” shall mean an employee
benefit plan that is sponsored by TriNet Group, Inc., TriNet HR Corporation or another affiliate of TriNet Group, Inc. under which a current employee of Target is eligible to receive benefits in connection with Target’s engagement of TriNet HR
Corporation pursuant to the PEO Agreement, including the Multiple Employer 401(k) Plan. For purposes of clarity, representations and warranties in this Agreement regarding a PEO Benefit Plan shall be limited to events, conditions and circumstances
related to participation in such plan by an employee of Target. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 7 

 “Permitted Target Restructuring Transactions” shall mean one of each of the
following transactions: (i) a Target Licensing Business Acquisition by a liquidating trust; and (ii) a Target Licensing Business Acquisition effected pursuant to a spin-off, divestiture, split-off, or similar transaction in which all of the stockholders of Target as of the Closing Date are all of the stockholders of the Target Licensing Business Acquiror; and (iii) a Target Licensing Business
Acquisition by a Target Licensing Business Acquiror that is owned directly or indirectly by one or more Persons (but shall not include any of the stockholders of Target Holdings listed in Schedule 1.1(c) hereto) who are
stockholders of Target Holdings as of the date of this Agreement. 
 “Permitted Encumbrance” means, (a) liens of
current taxes not yet delinquent or being contested in good faith and for which adequate reserves have been established; and (b) such imperfections of title, liens and easements not curable solely by the payment of money and as do not and will
not materially detract from or interfere with the use of the properties subject thereto or affected thereby, or otherwise materially impair business operations involving such properties. 

“Person” means any individual, corporation, partnership, limited liability company, joint venture, association, joint-stock company, trust, unincorporated entity or Governmental Entity. 
 “PNO” has
the meaning set forth in Section 3.24(c). 
 “Pre-Closing
Period” has the meaning set forth in Section 5.1(a). 
 “Prepaid Expenses” as of any
date shall mean payments made by Target with respect to the Purchased Assets, which constitute prepaid expenses in accordance with GAAP. 

“Public Software” means any software, libraries or other code that is licensed under or is otherwise subject to Open License
Terms. Software distributed under less restrictive free or open source licensing and distribution models such as those obtained under the MIT, Boost Software License, and the Beer-Ware Public Software licenses
or any similar licenses, and any software that is a public domain dedication are also “Public Software.” 
 “Purchase
Price” has the meaning set forth in Section 2.5(a). 
 “Purchase Price Target
Allocation” means the Purchase Price as allocated among Target Holdings, Target France Sub and Target USA Sub as set forth on Schedule 2.5(b) hereto. 

“Purchased Assets” has the meaning set forth in Section 2.1  

“RCRA” has the meaning set forth in Section 3.15(a)(i). 

“Registered Intellectual Property” means all Intellectual Property for which registrations have been obtained or applications
for registration have been filed with a Registration Office. 
 “Registration Office” means, collectively, the United
States Patent and Trademark Office, United States Copyright Office and all equivalent foreign patent, trademark, copyright offices or other Governmental Entity. 

“Related Software” means, with respect to a Work, any other software, libraries or other code (or a portion of any of the
foregoing) in each case that is incorporated into or includes, relies on, is linked to or with, is derived from in any manner (in whole or in part), or is distributed with such Work. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 8 

 “Released Matters” has the meaning set forth in
Section 6.20(a). 
 “Released Party” has the meaning set forth in
Section 6.20(a). 
 “Releasing Party” has the meaning set forth in
Section 6.20(a). 
 “Representatives” means officers, directors, partners, trustees, executors,
employees, agents, attorneys, accountants and advisors. 
 “Remotely Transferred Assets” has the meaning set forth in
Section 6.19(a). 
 “Required Contract Consents” has the meaning set forth in
Section 3.12(c). 
 “Required Stockholders” has the meaning set forth in Recital D. 

“Restated Certificate” has the meaning set forth in Section 3.1(a). 

“Retained Liabilities” has the meaning set forth in Section 2.4. 

“Retained Rights” means the non-exclusive rights retained by Target USA Sub under the
Patents included in the Target Owned Intellectual Property acquired by Acquiror under this Agreement, as such retained rights are set forth in Exhibit C attached hereto. 

“Returns” has the meaning set forth in Section 3.16(b).  

“Securities Act” means the Securities Act of 1933, as amended. 

“Sofia Lease” shall mean that certain Commercial Short-Term Lease signed on
June 3rd, 2013, between Target France Sub and [****]. 
 “[****]” has the meaning set forth in
Section 9.1(g). 
 “[****] Agreement” has the meaning set forth in
Section 7.2(r). 
 “Sponsored Target Employee Plan” has the meaning set forth in
Section 3.17(a). 
 “Stockholder” means any holder of Target Capital Stock as of immediately
prior to the Closing. 
 “Subsidiary” means any entity in which another party directly or indirectly owns, beneficially or
of record, at least 50% of the outstanding equity or financial interests of such entity. 
 “Subsidiary Acquiror” means
Qualcomm France SARL, a French société à responsabilité limitée. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 9 

 “Tangible Personal Property” means all machinery, equipment, tools,
furniture, fixtures and equipment, computer hardware, supplies, materials, leasehold improvements, computing and telecommunications equipment and other items of tangible personal property, of every kind owned or leased by Target (wherever located
and whether or not carried on Target’s books). 
 “Target” has the meaning set forth in the introductory paragraph.

 “Target Acquired Business” means the Target Business other than the Target Licensing Current Business. 

“Target Balance Sheet Date” has the meaning set forth in Section 3.5. 

“Target Business” means the operation of the business of Target as currently conducted. 

“Target Capital Stock” means the Target Common Stock and the Target Preferred Stock, collectively. 

“Target Closing Certificate” has the meaning set forth in Section 7.2(c). 

“Target Common Stock” means the common stock, $0.001 par value per share, of Target Holdings. 

“Target Covered Information” has the meaning set forth in Section 6.22. 

“Target Disclosure Schedule” has the meaning set forth in Section 3. 

“Target Employee Plans” has the meaning set forth in Section 3.17(a). 

“Target France Sub” has the meaning set forth in the introductory paragraph. 

“Target Financial Statements” has the meaning set forth in Section 3.4. 

“Target Holdings” has the meaning set forth in the introductory paragraph. 

“Target Indemnified Person” and “Target Indemnified Persons” have the meanings set forth in
Section 9.1(b). 
 “Target Intellectual Property” means the Target Owned Intellectual Property
and the Target Licensed Intellectual Property. 
 “Target Licensed Intellectual Property” means Intellectual Property owned
by any Person other than Target that (i) is licensed to Target, (ii) for which Target has received from such Person a covenant not to sue or assert or other immunity from suit, or (iii) such Person has undertaken an obligation to
Target to assert any Intellectual Property against one or more Persons prior to asserting such Intellectual Property against Target or an obligation to exhaust remedies as to particular Intellectual Property against one or more Persons prior to
seeking remedies against Target. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 10 

 “Target Licensing Business Acquiror” means a Person that makes a Target
Licensing Business Acquisition. 
 “Target Licensing Business Acquisition” means the acquisition of all or substantially
all of the Target Licensing Future Business whether by asset transfer, merger, operation of law, change of control or otherwise. 

“Target Licensing Current Business” means the business of licensing the Commercially Released Target Products by Target (or
any permitted assignee) to third parties. 
 “Target Licensing Future Business” means the business of licensing the
“Relevant Products” set forth and described in Annex 1 of Exhibit C attached hereto (Retained Rights), by Target (or any permitted assignee) to third parties following the Closing, subject to the limitations of
the Retained Rights and License Agreement. 
 “Target Owned Intellectual Property” means all (i) Intellectual Property
solely owned by Target or that is purported by Target to be solely owned by Target, and (ii) Intellectual Property in which Target has any joint ownership interest or in which Target purports to have any joint ownership interest. 

“Target Options” means options to purchase Target Common Stock. 

“Target Preferred Stock” means the preferred stock, $0.001 par value per share, of Target Holdings, designated as Target
Series A Preferred, Target Series B Preferred, Target Series C Preferred and Target Series D Preferred, collectively. 
 “Target
Product(s)” means each and all products manufactured, made commercially available, marketed, distributed, supported, sold, leased, imported for resale or licensed out by or on behalf of Target, or which Target intends to manufacture, make
commercially available, market, distribute, support, sell, lease, import for resale, or license to any other Person, and technology used in the provision of services by or on behalf of Target to any other Person, in each case, whether currently
being distributed or used, currently under development, or otherwise anticipated to be distributed or used under any product or service “road map” of Target, including but not limited to any components, elements, parts, integrated
circuits, tools, software, firmware, games and middleware, architecture, databases, plugins, libraries, APIs, interfaces, algorithms, systems, devices, hardware and equipment thereof. 

“Target Registered Intellectual Property” means all Registered Intellectual Property that is included in the Target Owned
Intellectual Property. 
 “Target Source Code” means the source code of all Target Technology (including Target Products),
together with all extracts, portions and segments thereof. 
 “Target Subsidiary” means a Subsidiary of Target. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 11 

 “Target Technology” means all Target Products and all other Technology
owned by or licensed to Target or purported to be owned by or licensed to Target (other than Off-the-Shelf Software) that is used by or on behalf of Target in connection
with the conduct of the Target Business. 
 “Target Transaction Expenses” means the Transaction Expenses incurred by or
owed by Target in connection with the transactions contemplated by this Agreement. For the avoidance of doubt, Target Transaction Expenses shall include any severance, change in control or similar payments or obligations payable by Target to any
employee or other service provider of Target as a result of the Acquisition and the transactions contemplated hereby but shall not include any Assumed Liabilities or payments payable by Acquiror to any Identified Employee for periods after the
Closing. 
 “Target USA Sub” has the meaning set forth in the introductory paragraph. 

“Target Warrants” means warrants to purchase shares of Target Capital Stock. 

“Target’s Current Facilities” has the meaning set forth in Section 3.15(b). 

“Target’s Facilities” has the meaning set forth in Section 3.15(b). 

“Tax” and “Taxes” have the meanings set forth in Section 3.16(a). 

“Technology” means all tangible items constituting, disclosing or embodying any Intellectual Property, including all versions
thereof and all technology from which such items were or are derived, including but not limited to (i) works of authorship (including software, firmware, games and middleware in source code and executable code form, architecture, databases,
plugins, libraries, APIs, interfaces, algorithms and documentation); (ii) inventions (whether or not patentable), designs, discoveries and improvements; (iii) proprietary, confidential and/or technical data and information, Trade Secrets and
know how; (iv) databases, data compilations and collections, and customer and technical data, (v) methods and processes, and (vi) devices, prototypes, designs, specifications and schematics. 

“Trade Secrets” means all proprietary, confidential and/or non-public information,
however documented, including all source code for software, including Target Source Code, and all trade secrets within the meaning of Applicable Law. 

“Trademarks” means all (i) trademarks, service marks, logos, insignias, designs, trade dress, symbols, trade names and
fictitious business names, emblems, signs, insignia, slogans, other similar designations of source or origin and general intangibles of like nature (including all applications and registrations for each of the foregoing), and (ii) all goodwill
associated with or symbolized by any of the foregoing. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 12 

 “Transaction Expenses” means any fee, cost, expense, payment, expenditure,
liability or other amount (incurred prior to the Closing) that: (a) relates to (i) the proposed disposition of all or a portion of the business of Target, or the process of identifying, evaluating and negotiating with prospective
purchasers of all or a portion of the business of Target, (ii) the investigation and review conducted by Acquiror and its Representatives, and any investigation or review conducted by other prospective purchasers of all of a portion of the
business of Target, with respect to the business of Target (and the furnishing of information to Acquiror and its Representatives and such other prospective purchasers and their Representatives in connection with such investigation and review),
(iii) the negotiation, preparation, review, execution, delivery or performance of the Agreement (including the Target Disclosure Schedule), or any certificate, opinion, agreement or other instrument or document delivered or to be delivered in
connection with this Agreement or the transactions contemplated hereby, (iv) the preparation and submission of any filing or notice required to be made or given in connection with the Acquisition or any of the other transactions contemplated by
this Agreement, and the obtaining of any consent required to be obtained in connection with any of such transactions, or (v) the consummation of the Acquisition or any of the transactions contemplated by this Agreement; or (b) arises or is
expected to arise, is triggered or becomes due or payable, in whole or in part, as a result of the consummation (whether alone or in combination with any other event or circumstance) of the Acquisition or any of the other transactions contemplated
by this Agreement, in each case, only to the extent such item is not triggered in whole or in part by any action taken by Acquiror or any of its Affiliates following the Closing. 

“Transfer Tax Contest” has the meaning set forth in Section 6.11(c). 

“Transfer Taxes” means all transfer, documentary, sales, use, stamp, use and occupation, registration, value added, goods and
services and other such Taxes, and all conveyance fees, recording charges and such other similar taxes and fees and charges (including any additions to tax, penalties and interest) incurred in connection with the consummation of the purchase and
sale of the Purchased Assets. 
 “Transition Services Agreement” has the meaning set forth in
Section 7.2(q). 
 “Viruses” has the meaning set forth in
Section 3.8(j). 
 “Work” means any license, distribution model or other agreement for software,
libraries or other code (including middleware and firmware). 
 2. Purchase & Sale of Purchased Assets. 

2.1 Purchased Assets. Subject to the terms and conditions of this Agreement and in reliance upon the representations, warranties,
covenants and agreements of Target contained herein, at the Closing, Target shall sell, convey, transfer, assign and deliver to Parent Acquiror (or Subsidiary Acquiror, if so designated by Parent Acquiror), and Acquiror shall purchase and acquire
(and shall cause Subsidiary Acquiror, if so designated by Parent Acquiror, to purchase and acquire) from Target, free and clear of all Encumbrances, all of Target’s right, title and interest in and to all of the following Assets (collectively,
the “Purchased Assets”): 
 (a) Each of the leases for real property set forth and described on
Schedule 2.1(a) attached hereto (the “Assigned Leases”); 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 13 

 (b) All Tangible Personal Property other than (i) the Excluded Tangible Personal
Property; and (ii) automobiles (the “Assigned Tangible Personal Property”); 
 (c) Except for the Retained Rights, all
Target Owned Intellectual Property (other than Trademarks and domain names), including, for the avoidance of doubt, all Target Owned Intellectual Property in and to the Commercially Released Target Products, and all rights to sue for or assert
claims against and remedies against past, present or future infringements or misappropriation of any or all of the Target Owned Intellectual Property (other than Trademarks and domain names) and rights of priority and protection of interests therein
and to retain any and all amounts therefrom; 
 (d) Except for the Retained Rights, all Target Technology owned by Target (including all
Target Products) and Target Source Code; 
 (e) All Contracts that are set forth on Schedule 2.1(e) (the
“Assigned Contracts”); 
 (f) All data, records, files, manuals, blueprints and other documentation in respect of the other
Purchased Assets, the Assumed Liabilities and/or the Hired Employees (the “Assigned Records”); 
 (g) All Off-the-Shelf Software other than the Excluded Off-the-Shelf Software; 

(h) All Prepaid Expenses other than the Excluded Prepaid Expenses; 

(i) All of the other Assets owned by Target except for the Excluded Other Assets; and 

(j) All goodwill associated with any of the foregoing Purchased Assets. 

All software (whether in object code or source code form), firmware, middleware, databases, plugins, libraries, APIs, interfaces and algorithms included in
the Purchased Assets shall be delivered via remote electronic transmission. To the extent Purchased Assets consist of storage media on which a tangible embodiment of an asset transferred via remote electronic transmission as described in the
preceding sentence or Section 6.19 resided, then following such transmission such asset shall be removed from such storage media prior to the transfer of such storage media to Acquiror. 

2.2 Excluded Assets. Notwithstanding anything to the contrary contained in Section 2.1 or elsewhere in this Agreement, other than
the Purchased Assets, no other Assets owned or used by Target (collectively, the “Excluded Assets”) shall be part of the sale and purchase contemplated hereunder or be part of the Purchased Assets, and shall remain the property of
Target after the Closing, including but not limited to: 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 14 

 (a) All data, records, files, manuals, blueprints, minute books, stockholder records,
corporate seals and other documentation of Target, other than the Assigned Records; 
 (b) Any shares of capital stock or other equity
securities of any Target Subsidiary held by Target; 
 (c) Any shares of capital stock or other equity securities of Target held by Target
in treasury; 
 (d) Originals of all personnel records and other records that Target is required by Law to retain in its possession; 

(e) All Contracts to which Target is a party or is otherwise bound, other than the Assigned Contracts (the “Excluded
Contracts”), provided, that for further clarity, all customer Contracts to which Target is a party shall be considered Excluded Contracts; 

(f) All accounts receivable (including royalty receivables) and notes receivable of Target; 

(g) All cash, cash equivalents on hand or in bank accounts and short term investments of Target; 

(h) The Retained Rights; 
 (i)
All Trademarks and domain names; 
 (j) All Tangible Personal Property that is set forth on Schedule 2.2(j) (the “Excluded
Tangible Personal Property”); 
 (k) All
Off-the-Shelf Software that is set forth on Schedule 2.2(k)(the “Excluded Off-the-Shelf Software”); 
 (l) All Prepaid Expenses that are set forth on Schedule 2.2(l) (the
“Excluded Prepaid Expenses”); 
 (m) All of the other Assets owned by Target set forth on Schedule 2.2(m) (the
“Excluded Other Assets”); 
 (n) All of Target’s rights under this Agreement or any Contract entered into in
connection with the Acquisition; 
 (o) Any and all policies of insurance, whether with respect to the Purchased Assets or otherwise,
maintained or managed through Target including general liability, property, casualty, workers’ compensation and product liability and all policies of insurance covering any Target Employee Plan; 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 15 

 (p) Any and all assets, properties, rights and interests relating to any Target Employee
Plan; 
 (q) Any claims for refunds or credits with respect to any Taxes paid or incurred by Target, any prepaid Taxes of Target and any
other rights related to Taxes of Target; and 
 (r) Subject to the [****] Agreement, all claims, defenses deposits, prepayments, refunds,
causes of action, choses in action, rights of recovery, rights of set off, counterclaims and rights of recoupment related to the subject matter or Contracts involving any Legal Proceeding against Target, including as a result of an indemnification
claim under this Agreement or any of the other agreements entered into connection with the transactions contemplated by this Agreement. 

2.3 Assumed Liabilities. Except for the Assumed Liabilities, neither Parent Acquiror nor Subsidiary Acquiror shall, by virtue of its
purchase of the Purchased Assets, assume or become responsible for any Liabilities of Target or any other Person. Upon and subject to the terms, conditions, representations and warranties of Target contained herein, and subject to
Section 2.4, Parent Acquiror (or Subsidiary Acquiror, if so designated by Parent Acquiror) hereby assumes and agrees to pay, perform, and discharge when due only the Liabilities of Target (collectively, the “Assumed
Liabilities”): (a) under the Assigned Contracts that, by the terms of such Assigned Contracts, arise after the Closing, relate to periods following the Closing and are to be observed, paid, performed or discharged, as the case may be, in
each case at any time after the Closing Date; (b) in respect of any France Employee whether or not such France Employee accepts employment with Acquiror or any of its Affiliates, including any Liability arising under any Target Employee Plan
(other than Target’s 2007 Equity Incentive Plan) or Applicable Law with respect to each France Employee; and (c) in respect of all Transfer Taxes. 

2.4 Retained Liabilities. Except for the Assumed Liabilities and except to the extent provided in Section 6.11, neither Parent
Acquiror nor Subsidiary Acquiror shall assume or be deemed to have assumed, and shall have no Liability for, any Liabilities, Taxes or Contracts of Target of any kind, character or description, whether accrued, absolute, contingent or otherwise, it
being understood that Acquiror is expressly disclaiming any express or implied assumption of any Liabilities other than the Assumed Liabilities. Notwithstanding Section 2.3 or any other provision contained herein, and
regardless of whether any of the following may be disclosed to Parent Acquiror, Subsidiary Acquiror or any of their respective Representatives or otherwise or whether Parent Acquiror, Subsidiary Acquiror or any of their Representatives may have
actual knowledge of the same, neither Parent Acquiror nor Subsidiary Acquiror shall assume, and Target shall pay, perform, and discharge when due and remain exclusively liable for all Liabilities of Target other than the Assumed Liabilities
(collectively, the “Retained Liabilities”), including, but not limited to: 
 (a) any Liability of Target that is not an
Assumed Liability; 
 (b) any Liability of Target with respect to the Excluded Assets; 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 16 

 (c) except to the extent provided in Section 2.9 and Section 6.11 and except for
Transfer Taxes, any Liability of Target for Taxes, including: (i) any Taxes arising as a result of Target’s operation of Target’s businesses or ownership of the Purchased Assets prior to the Closing; (ii) any deferred Taxes of
any nature; and (iii) any Tax or social insurance Liabilities in connection with the exercise of any Target Options granted by Target Holdings or the sale of any Target Stock; 

(d) any Liability of Target, its Affiliates or ERISA Affiliates under the Target Employee Plans (including Target’s 2007 Equity Incentive
Plan), except any Liability arising under any Target Employee Plan (other than Target’s 2007 Equity Incentive Plan) in respect of any France Employee; 

(e) any Liability under any Assigned Contract which arises after the Closing but which arises out of or relates to a breach of such Contract
by Target occurring prior to the Closing; 
 (f) any Liability arising out of any transaction affecting Target, or obligations incurred by
Target, after Closing; 
 (g) any Liability (including severance payments or otherwise that become payable in connection with an
Employee’s (other than any France Employee) termination of employment by Target) which may be owed, or which has otherwise accrued (including without limitation all unused vacation time accrued), with respect to any Employee or former Employee
of Target (other than any France Employee) as of the Closing (or which relates to any period prior to Closing, including severance payments that become payable in connection with an Employee’s (other than any France Employee) termination of
employment by Target) under any policy of Target, as well as under any other employment, severance, retention or termination policy, Contract or Applicable Law in relation to any Employee or former Employee of Target (other than any France Employee)
or arising out of or relating to any Employee or former Employee (other than any France Employee) grievance with respect to Target, in each case, only to the extent such Liability is not triggered in whole or in part by any action taken by Acquiror
or any of its Affiliates following the Closing; 
 (h) any Liability of Target to any Stockholder or Affiliate of Target, including, but not
limited to any Liability relating to dividends, distributions, redemptions, or other rights with respect to any securities of Target; 
 (i)
except as otherwise set forth in the [****] Agreement, any Liability of Target arising out of any claims pending as of the Closing or arising out of any claims commenced after the Closing and arising out of, or relating to, any Excluded Asset or
event or occurrence happening prior to the Closing; or 
 (j) any Liability of Target under this Agreement or any other Contract entered
into in connection with the Acquisition, including Target Transaction Expenses. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 17 

 2.5 Purchase Price; Payment of Purchase Price. 

(a) The aggregate consideration for the Purchased Assets and Target’s businesses related thereto shall be the assumption of the Assumed
Liabilities and [****] (collectively, the “Purchase Price”). For avoidance of doubt, the Purchase Price will not be reduced by the amount of Transfer Taxes payable by Parent or any of its Affiliates pursuant to
Section 6.11(c). 
 (b) At Closing, the applicable Acquiror shall pay to (i) Target Holdings, Target
Holdings’ portion of the Purchase Price (as set forth in the Purchase Price Target Allocation); (ii) Target France Sub, Target France Sub’s portion of the Purchase Price (as set forth in the Purchase Price Target Allocation) less
the Escrow Amount; (iii) Target USA Sub, Target USA Sub’s portion of the Purchase Price (as set forth in the Purchase Price Target Allocation ), in each case, via wire transfer of immediately available funds to accounts which shall be
specified by Target Holdings to Parent Acquiror prior to the Closing. If Acquiror is required to make a withholding or deduction for or on account of Taxes on any portion of the Purchase Price received or receivable hereunder by Target, the amount
payable under this Agreement will be increased to the amount which, after making the Tax deduction or withholding, will leave an amount equal to the payment which would have been due if no Tax deduction or withholding had been required. 

(c) Acquiror shall execute and deliver an Assignment and Assumption Agreement, a form of which is attached hereto as
Exhibit D (the “Assignment and Assumption Agreement”), evidencing the assignment by Target of certain of the Purchased Assets and the assumption by Acquiror of the Assumed Liabilities. 

2.6 Allocation of Purchase Price. Acquiror and Target agree that the Purchase Price and the Assumed Liabilities shall be allocated in
accordance with Schedule 2.6 (the “Purchase Price Allocation”). Acquiror and Target shall (and shall cause their Affiliates to) report the Purchase Price Allocation in the filing of all Returns, including IRS Form 8594 and any
supplemental or amended Form 8594 (and in the filing of any similar state, local or foreign Returns). Adjustments to the Purchase Price shall be allocated by the Parties in accordance with Section 1060 of the Code and the Treasury Regulations
promulgated thereunder and subject to Applicable Law, if any. The parties agree that the net present value of the Paris Lease is [****] and the net present value of the Sofia Lease is [****]. 

2.7 Closing. The closing of the Acquisition (the “Closing”) shall take place at such time mutually agreed upon by
Acquiror and Target, but no later than two (2) business days after the satisfaction or waiver of each of the conditions set forth in Section 7 hereof (other than those conditions that are to be satisfied at the Closing, but subject to
satisfaction or waiver of such conditions at the Closing) (the “Closing Date”). The Closing shall take place at the offices of DLA Piper LLP (US), 4365 Executive Drive, Suite 1100, San Diego California 92121, or at such other
location as the parties hereto agree. 
 2.8 Escrow. On the Closing Date, Parent Acquiror shall deposit the Escrow Amount with the
Escrow Agent for the purpose of securing the obligations of Target under Section 9 of this Agreement. The Escrow Fund shall be held by the Escrow Agent under the Escrow Agreement pursuant to the terms thereof. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 18 

 2.9 Prorations. 

(a) The following prorations relating to the Purchased Assets will be made as of the Closing Date, with all rights and obligations applicable
to Target to the extent such items relate to any time period on or prior to the Closing Date, and all rights and obligations applicable to Acquiror to the extent such items relate to periods beginning after the Closing Date: 

(i) With respect to the Assigned Leases, deposits, prepaid rents, additional rents, Taxes and other items payable thereunder; 

(ii) The amount of rents, Taxes and charges for sewer, water, telephone, electricity and other utilities relating to the real property subject
to the Assigned Leases; and 
 (iii) All unpaid accrued salary, wages, bonuses, MBO payments, commissions, promised relocation benefits and
other remuneration, as well as all unused RTT days accrued and unused vacation time accrued, in each case, for all France Employees and all other Hired Employees, together with the employer portion of any Tax withholdings thereon; 

(b) Except as otherwise agreed by Acquiror and Target in writing, the net amount of all such prorations will be settled and paid on the
Closing Date. If the Closing shall occur before a real estate Tax rate is fixed, the apportionment of Taxes shall be based upon the tax rate for the preceding year applied to the latest assessed valuation. All other Taxes shall be allocated in
accordance with Section 6.11hereof. 
 3. Representations and Warranties of Target. Target represents and warrants to Acquiror
that the statements contained in this Section 3 are true and correct, except as disclosed in a document of even date herewith and delivered by Target to Acquiror on the date of this Agreement referring to the representations and warranties in
this Agreement (the “Target Disclosure Schedule”). The Target Disclosure Schedule will be arranged in paragraphs corresponding to the numbered and lettered paragraphs contained in this Section 3, and the disclosure in any
such numbered and lettered Section of the Target Disclosure Schedule shall qualify only the corresponding subsection in this Section 3 (except to the extent disclosure in any numbered and lettered
Section of the Target Disclosure Schedule is readily apparent on its face to apply to another numbered and lettered Section of the Target Disclosure Schedule). 

3.1 Organization, Standing and Power; Subsidiaries. 

(a) Target Holdings and each Target Subsidiary is a legal entity duly organized, validly existing and in good standing under the laws of its
respective jurisdiction of organization and has all requisite corporate or similar power and authority to own, lease and operate its properties and assets and to carry on its business as now being conducted and is duly qualified to do business and
is in good standing as a foreign corporation or other legal entity in each jurisdiction where the ownership, leasing or operation of its assets or properties or conduct of its business requires such qualification, except where the failure to be so
qualified or in good standing, or to have such power or authority, could reasonably be expected to have a Material 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 19 

 
Adverse Effect on Target. Target has delivered to Acquiror a true and correct copy of (i) the Amended and Restated Certificate of Incorporation of Target Holdings (as amended, the
“Restated Certificate”) and the Bylaws of Target Holdings (as amended, the “Bylaws”), and (ii) the Organizational Documents of each Target Subsidiary, each as amended to date, and each as so delivered is in
full force and effect. Neither Target Holdings nor any Target Subsidiary is in violation of any of the provisions of its Organizational Documents. Section 3.1(a) of the Target Disclosure Schedule sets forth all
jurisdictions in which Target Holdings or any Target Subsidiary is, or has been, required to be qualified, authorized, registered or licensed to do business as a foreign corporation or other legal entity. Target Holdings is not subject to
Section 2115(b) of the California Corporations Code. 
 (b) Section 3.1(b) of the Target Disclosures
Schedule sets forth a complete list of all of the Target Subsidiaries. 
 3.2 Authority. 

(a) Target has all requisite corporate power and authority to enter into this Agreement and subject to adoption by the Stockholders of this
Agreement and approval by Stockholders of the Acquisition, to consummate the transactions contemplated hereby. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all
necessary corporate action on the part of Target. The affirmative vote of the holders of (i) a majority of the outstanding shares of Target Capital Stock, voting together as a single class on an
as-converted basis, and (ii) at least 662/3% of the outstanding shares of Target Preferred
Stock, voting together as a single class on an as-converted basis, are the only approvals necessary of the holders of Target Capital Stock to approve and adopt this Agreement and the transactions contemplated
hereby, and no other vote or consent of the holders of any of the holders of Target Capital Stock or the capital stock of any Target Subsidiary is necessary under Delaware Law, the laws of each Target Subsidiary’s respective jurisdiction of
organization or the Restated Certificate or Organizational Documents of any Target Subsidiary. The Board of Directors of Target has unanimously (i) approved this Agreement and the Acquisition, (ii) determined that in its opinion the
Acquisition is expedient and for the best interests of Target, and (iii) recommended that the Stockholders approve this Agreement and the Acquisition. 

(b) This Agreement has been duly executed and delivered by Target, assuming the due execution and delivery by Acquiror, constitutes the valid
and binding obligation of Target enforceable against Target in accordance with its terms, except that such enforceability may be limited by bankruptcy, insolvency, moratorium or other similar laws affecting or relating to creditors’ rights
generally, and is subject to general principles of equity. The execution and delivery of this Agreement by Target does not, and the consummation of the transactions contemplated hereby will not, conflict with, or result in any violation of, or
default under (with or without notice or lapse of time, or both), or give rise to a right of termination, cancellation or acceleration of any material obligation or loss of any material benefit under any provision of the Organizational Documents of
Target Holdings or any Target Subsidiary. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 20 

 3.3 Governmental Authorization. 

(a) No consent, approval, order or authorization of, or registration, declaration or filing with, any court, administrative agency or
commission or other governmental authority or instrumentality (“Governmental Entity”) is required by Target in connection with the execution and delivery of this Agreement or the consummation of the transactions contemplated hereby,
except for such consents, authorizations, filings, approvals and registrations which, if not obtained or made, would not be reasonably expected to have a Material Adverse Effect on Target and would not reasonably be expected to prevent, or
materially alter or delay, any of the transactions contemplated by this Agreement; and (iii) such filings and consents as may be required under HSR and foreign anti-trust laws. 

(b) Target has obtained each federal, state, county, local or foreign governmental consent, license, permit, grant, or other authorization of
a Governmental Entity (a) pursuant to which Target currently operates or holds any interest in any of its respective properties; or (b) that is required for the operation of Target’s businesses or the holding of any such interest and
all of such authorizations are in full force and effect, in each case, except where the failure to obtain or have any such authorizations would not reasonably be expected to have a Material Adverse Effect on Target. 

3.4 Financial Statements. Target has delivered to Acquiror its audited financial statements on a consolidated basis for the fiscal years
ended December 31, 2010, 2011 and 2012, and its unaudited financial statements (balance sheet, statement of operations and statement of cash flows) on a consolidated basis for the six-month period ended
June 30, 2013 (collectively, the “Target Financial Statements”). The Target Financial Statements have been prepared in accordance with GAAP (except that the unaudited financial statements do not contain footnotes and are
subject to normal recurring year-end audit adjustments, the effect of which will not, individually or in the aggregate, be materially adverse) applied on a consistent basis throughout the periods presented and
consistent with each other. The Target Financial Statements fairly present in all material respects the consolidated financial condition, operating results and cash flow of Target as of the dates, and for the periods, indicated therein, subject to
normal year-end audit adjustments and the absence of footnotes in the case of the unaudited Target Financial Statements. 

3.5 Absence of Certain Changes. From June 30, 2013 (the “Target Balance Sheet Date”) through the date of this
Agreement, Target has conducted its businesses in the ordinary course consistent with past practice and except as set forth on Section 3.5 of the Target Disclosure Schedule there has not occurred: 

(a) any change, event or condition (whether or not covered by insurance) that has resulted in, or would reasonably be expected to result in, a
Material Adverse Effect on Target; 
 (b) any acquisition, sale or transfer of any material asset of Target other than in the ordinary
course of business and consistent with past practice; 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 21 

 (c) any change in accounting methods or practices (including any change in depreciation or
amortization policies or rates) by Target or any revaluation by Target of any of its assets; 
 (d) any Material Contract entered into by
Target, other than in the ordinary course of business and as provided to Acquiror, or any material amendment (other than in the ordinary course of business and as provided to Acquiror) or termination of, or default under, any Material Contract to
which Target is a party or by which Target is bound; 
 (e) any amendment or change to the Organizational Documents of Target Holdings or
any Target Subsidiary; 
 (f) any negotiation or agreement by Target to do any of the things described in the preceding clauses
(a) through (e) (other than negotiations with Acquiror and its representatives regarding the transactions contemplated by this Agreement). 

3.6 Reserved. 
 3.7
Litigation. 
 (a) There is no private or governmental action, suit, proceeding, claim, arbitration or investigation pending before
any Governmental Entity, foreign or domestic, or, arbitrator, or, to the Knowledge of Target, overtly threatened against Target or any of the Purchased Assets. There is no judgment, injunction, decree or order against Target. 

(b) There is no proceeding pending or, to Target’s Knowledge, overtly threatened, nor has any claim or demand been made that challenges
(i) the right, title or interest of Target in, to or under the Target Intellectual Property in which Target has (or purports to have) any right, title or interest; (ii) the validity, enforceability or claim construction of any Patents
comprising such Target Intellectual Property; or (iii) alleges infringement, contributory infringement, inducement to infringe, misappropriation or unlawful use by Target of Target Intellectual Property of any other third party. 

3.8 Intellectual Property. 

(a) Target Intellectual Property Rights. 

(i) Disclosure of Certain Intellectual Property. Section 3.8(a)(i) of the Target Disclosure Schedule is a
complete and accurate list of: (A) all Target Registered Intellectual Property, grouped by Patents (including withdrawn, lapsed, abandoned or expired Patents), Trademarks, Copyrights, and domain names; and (B) all other Target Owned
Intellectual Property (other than Trade Secrets), including common law Trademarks; and setting forth for each of the foregoing as applicable, the nature of the right, title or interest held by Target, and the title, application number, filing date,
jurisdiction, and registration number for each item of Intellectual Property. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 22 

 (ii) Enforceability; No Challenges. Each item of Target Registered Intellectual
Property is subsisting and in good standing, and to Target’s Knowledge, valid and enforceable. To Target’s Knowledge, there are no facts, information, or circumstances, including any facts or information that would constitute prior art,
that would render any of the Target Registered Intellectual Property invalid or unenforceable, or would preclude the issuance of or otherwise affect any pending application for any Target Registered Intellectual Property. Target has not
misrepresented, or failed to disclose, any facts or information in any application for any Target Registered Intellectual Property that would constitute fraud or a misrepresentation with respect to such application or that would otherwise affect the
enforceability of any Target Registered Intellectual Property. With respect to each item of Target Registered Intellectual Property and each item of Target Licensed Intellectual Property that has been registered with a Registration Office and is
exclusively licensed to Target, Target has not received notice of any inventorship challenge, opposition, cancellation, re-examination, interference, invalidity, unenforceability or other action or Legal
Proceeding before any Registered Office relating to such Intellectual Property, nor to Target’s Knowledge, does there exist any fact that could lead to the commencement of any such action or proceeding. 

(iii) Proper Filing. With respect to each item of Target Registered Intellectual Property, all necessary filing, examination,
registration, maintenance, renewal and other fees and taxes have been paid, and all necessary documents and certificates have been filed with all relevant Registration Offices for the purposes of maintaining such Intellectual Property, in each case
in accordance with Applicable Law. Section 3.8(a)(iii) of the Target Disclosure Schedule is a complete and accurate list of all actions that must be taken by Target within one hundred twenty (120) days of the
Closing Date with respect to any of the Target Owned Intellectual Property, including payment of any filing, examination, registration, maintenance, renewal and other fees and taxes or the filing of any documents, applications or certificates for
the purposes of maintaining, perfecting, preserving or renewing such Intellectual Property, in each case in accordance with Applicable Law. 

(iv) Copyrights and Trademarks. With respect to all Copyrights, Trademarks and domain names included in the Target Registered
Intellectual Property, each such item has not lapsed, expired or been abandoned. With respect to such Trademarks, Target has taken commercially reasonable and customary measures and precautions necessary to protect and maintain such Trademarks and
the value of and goodwill associated with such Trademarks. 
 (v) Patents. With respect to all Patents included in the Target
Registered Intellectual Property and all Patents for which Target had or has the right to prosecute and/or maintain the Patents in each case (A) such Patents have been prosecuted in good faith, (B) such Patents are not subject to any
terminal disclaimer, (C) such Patents that are issued disclose patentable subject matter, (D) to Target’s Knowledge, such Patents that are pending patent applications disclose patentable subject matter, and (E) Target, and to
Target’s Knowledge, their patent counsel, have complied with their duty of candor and disclosure to all Registration Offices with respect to such Patents and have made no misrepresentations in connection with the prosecution or maintenance of
such Patents. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 23 

 (vi) Trade Secrets. Target has taken measures and precautions reasonably necessary
to protect and maintain the confidentiality and full value of all Trade Secrets included in the Target Intellectual Property. Target has not disclosed any Trade Secrets in which Target has (or purports to have) any right, title or interest (or any
tangible embodiment thereof) to any Person without having such Person execute a written agreement regarding the non-disclosure and non-use thereof. All use, disclosure
or appropriation by Target of any Trade Secret not owned by Target has been pursuant to the terms of a written agreement between Target and the owner of such Trade Secret, or is otherwise lawful. Target has not received any notice from any Person
that there has been an unauthorized use or disclosure of any Trade Secrets included in the Target Intellectual Property. No Person that has received any Trade Secrets from Target has refused to provide to Target, after Target’s request
therefor, a certificate of return or destruction of any documents or materials containing such Trade Secrets. 
 (b) Ownership of and
Right to Use Target Intellectual Property; No Encumbrances. 
 (i) Target is the sole and exclusive owner of, and has good, valid and
marketable title to, free and clear of all Encumbrances, all Target Owned Intellectual Property, and all Target Technology (except for Copyrights in Off-the-Shelf
Software and other Technology licensed to Target on a non-exclusive basis and set forth in Section 3.8(b) of the Target Disclosure Schedule). Target has the sole and exclusive right
to bring a claim or suit against any other Person for past, present or future infringement of Target Owned Intellectual Property. Target has not transferred ownership of, or granted any exclusive license with respect to, any Intellectual Property to
any Person, or permitted the rights of Target in any Target Intellectual Property to enter into the public domain. 
 (ii) Target has a
valid, legally enforceable right to use, license, practice and otherwise exploit all Target Licensed Intellectual Property used by Target. The Target Intellectual Property constitutes all of the Intellectual Property used or currently proposed to be
used or necessary in connection with the conduct of the Target Business including as necessary or appropriate to make, use, offer for sale, sell or import the Target Products. 

(c) Agreements Related to Target Intellectual Property. 

(i) Disclosure of Outbound Licenses. Section 3.8(c)(i) of the Target Disclosure Schedule is a complete
and accurate list or description of all Contracts pursuant to which Target or any existing or future Affiliate of Target granted or is required to grant to any Person (including, without limitation, any Affiliate of Target) any right under or
license, any covenant not to assert or sue or other immunity from suit under or any other rights, to any current or future Intellectual Property (excluding evaluation and nondisclosure agreements), or where Target or any existing or future Affiliate
of Target has undertaken or assumed any obligation to assert any current or future Intellectual Property against any Person prior to asserting any Intellectual Property against any other Person or any obligation to exhaust remedies as to any
Intellectual Property against one or more Persons prior to seeking remedies against any other Person. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 24 

 (ii) Disclosure of Inbound Licenses. Section 3.8(c)(ii) of
the Target Disclosure Schedule is a complete and accurate list of all Contracts (other than Contracts for Public Software and Off-the-Shelf Software) pursuant to
which any Person granted or is required to grant to Target or any existing or future Affiliate of Target any right under or license to, any covenant not to assert or sue or other immunity from suit under or any other rights to any current or future
Intellectual Property (excluding evaluation and nondisclosure agreements), or where Target is the beneficiary of a covenant or obligation not to assert any Intellectual Property against Target or any existing or future Affiliate of Target prior to
asserting such Intellectual Property against any other Person or a covenant or obligation to exhaust remedies as to particular Intellectual Property against any Person prior to seeking remedies against Target. Target has not been granted any
exclusive licenses or rights with respect to any Intellectual Property. 
 (iii) Disclosure of Other Intellectual Property
Agreements. Section 3.8(c)(iii) of the Target Disclosure Schedule is a complete and accurate list, grouped by subsection, of all Contracts as follows: (A) regarding joint development of any products, Target
Products or Technology; (B) by which Target or any existing or future Affiliate of Target grants, granted or is required to grant any ownership right or title to any Intellectual Property, (C) by which Target is assigned or granted an
ownership interest in any Intellectual Property (other than written agreements with employees and independent contractors that assign or grant to Target ownership of Intellectual Property developed in the course of providing services to Target); (D)
under which Target grants or receives an option or right of first refusal or negotiation relating to any Intellectual Property; (E) under which any Person is granted any right to access Target Source Code or to use Target Source Code, including
the right to create derivative works of Target Products; (F) pursuant to which Target has deposited or is required to deposit with an escrow agent or any other Person the Target Source Code or other Technology or the execution of this Agreement
or the consummation of any of the transactions contemplated hereby could reasonably be expected to result in the release or disclosure of the Target Source Code; and (G) limiting Target’s ability to transact business in any market, field
or geographical area or with any Person (other than Contracts for Public Software and Off-the-Shelf Software), or that restricts the use, sale, transfer, delivery or
licensing of any Target Owned Intellectual Property or Target Products (other than Contracts for Public Software and Off-the-Shelf Software), including any covenant not
to compete. 
 (iv) Royalties. Except as set forth in Section 3.8(c)(iv) of the Target Disclosure Schedule,
Target has no obligation to pay any royalties, license fees or other amounts or provide or pay any other consideration to any Person (other than salaries paid to employees by Target in accordance with Target’s standard form of employee
agreement, as applicable) for the use, exploitation, practice, development, licensing, sale or disposition of any Target Intellectual Property (or any tangible embodiment thereof) or Target Product. 

(v) Indemnification. Except as set forth in Section 3.8(c)(v) of the Target Disclosure Schedule, Target has
not entered into any Contract to defend, indemnify or hold harmless any Person against any charge of infringement of any Intellectual Property. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 25 

 (vi) No Breach. Neither Target nor, to Target’s Knowledge, any other Person is
in material breach of any Assumed Contract described in this Section 3.8(c) and Target has not notified any Person and no Person has notified Target of any such breach. 

(vii) No Affiliate Licenses. There are no Contracts pursuant to which Target or any existing or future Affiliate of Target granted or
is required to grant to any Person any rights under the Intellectual Property of any Affiliate of Target (other than Intellectual Property owned or controlled by Target as of the Closing Date). 

(d) Public Software. 

(i) Section 3.8(d) of the Target Disclosure Schedule is a complete and accurate list of the following: 

(A) each Target Product currently offered, sold or distributed by Target and each Target Product currently in development (including all
Target software, firmware and middleware) by name that is Public Software or that is derived from in any manner (in whole or in part) or that links to, includes, forms any part of, relies on, is distributed with, incorporates or contains any Public
Software; 
 (B) identification of each such Public Software and the Target Product; 

(C) the name of the license agreement containing the Open License Terms applicable to each such Target Product and Public Software or a
reference to where the Open License Terms may be found (e.g., a link to a site that has the applicable Open License Terms); 
 (D) whether
such Public Software has been distributed by Target or only used internally by Target; 
 (E) whether Target has modified any such Public
Software; and 
 (F) a description of how Public Software is linked to or with or used within the Target Products (e.g., dynamically,
statically, etc.). 
 (ii) Except as set forth in Section 3.8(d) of the Target Disclosure Schedule, no Public
Software was or is used in connection with the development of any Target Product where such use resulted in any portion of such Public Software being included in the Target Product and no Public Software has been distributed with, in whole or in
part, any Target Product. Target is in material compliance with all Open License Terms applicable to any Public Software licensed to or used by Target. Target has not received any notice alleging that Target is in violation or breach of any Open
License Terms. None of the inventions claimed in any of the Patents included in the Target Owned Intellectual Property are practiced by any of the software described in Section 3.8(d) of the Target Disclosure
Schedule and, to Target’s Knowledge, none of the inventions claimed in any of the Patents included in the Target Owned Intellectual Property are practiced by or infringed by any other software that is Public Software. The information
disclosed by Target to Acquiror regarding Public Software has been and is complete and accurate in all respects. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 26 

 (e) No Third Party Rights in Target Intellectual Property. Except as set forth in
Section 3.8(e) of the Target Disclosure Schedule: 
 (i) No Joint Ownership. Target does not jointly own, license or claim any
right, title or interest with any other Person of any Target Owned Intellectual Property. 
 (ii) No Employee Ownership. No current
or former officer, manager, director, stockholder, member, employee, consultant or independent contractor of Target has any right, title or interest in, to or under any Target Intellectual Property or Target Technology that has not been either
(A) irrevocably assigned or transferred to Target or (B) licensed (with the right to grant sublicenses) to Target under an exclusive, irrevocable, worldwide, royalty free, fully paid and assignable license. 

(iii) No Challenges. No Person has challenged or threatened to challenge and no Person has asserted or threatened a claim or made a
demand, nor, to Target’s Knowledge, is there any pending Legal Proceeding or threatened nor are there any facts which could give rise to any such challenge, claim, demand or Legal Proceeding, which would adversely affect (A) Target’s
right, title or interest in, to or under the Target Intellectual Property or Target Technology, (B) any Contract, license or other arrangement under which Target claims any right, title or interest under the Target Intellectual Property or
Target Technology or restricts the use, manufacture, transfer, sale, delivery or licensing by Target of any Target Intellectual Property or Target Products, or (C) the validity, enforceability or claim construction of any Patents. Target has
not received any notice regarding any such challenge, claim, demand or Legal Proceeding. 
 (iv) No Restrictions. Target is not
subject to any Legal Proceeding or outstanding decree, order, judgment or stipulation restricting in any manner the use, transfer or licensing by Target of the Target Intellectual Property, the use, manufacture, transfer, sale, importation or
licensing of any Target Products, or which might affect the validity, use or enforceability of any Target Intellectual Property. 
 (v)
No Infringement by Other Persons. To Target’s Knowledge, no Target Owned Intellectual Property or Target Licensed Intellectual Property that is exclusively licensed to Target has been infringed, misappropriated or violated by any Person.

 (f) No Infringement by Target. The conduct of the Target Business, including the making, using, offering for sale, selling,
distributing and/ or importing of any Target Product does not and will not infringe, constitute contributory infringement, inducement to infringe, misappropriation or unlawful use of Intellectual Property of any Person. No Person has asserted or
threatened a claim, and to Target’s Knowledge there are no facts that could give rise to a claim, nor has Target received any notification, that the Target Business or any Target Technology (or the any Intellectual Property embodied in the
Target Technology) infringes, 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 27 

 
constitutes contributory infringement, inducement to infringe, misappropriation or unlawful use of any Person’s Intellectual Property. No Person has notified Target that Target requires a
license to any Person’s Intellectual Property and Target has not received any unsolicited written offer to license (or any other notice of) any Person’s Patents. Target has not obtained any
non-infringement, freedom to operate, clearances or invalidity opinions from counsel (inside or outside counsel) regarding the Target Business or any Target Product. Target has identified to Acquiror each such
opinion prepared by or on behalf of Target. 
 (g) Employee and Contractor Agreements. Except as set forth in
Section 3.8(g)(i) of the Target Disclosure Schedule, all current and former employees, consultants and independent contractors of Target, including those who are or were involved in, or who have contributed in any manner to
the creation or development of any Target Intellectual Property or Target Technology have executed and delivered to Target a written agreement (containing no exceptions to or exclusions from the scope of its coverage) regarding the protection of
proprietary information and the irrevocable assignment to Target of such Intellectual Property and Technology that is substantially identical to the forms of invention assignment, employment, independent contractor, consulting services and/or other
written agreements, as applicable, previously delivered by Target to Acquiror. To Target’s Knowledge, no current or former employee, consultant or independent contractor is in violation of any term of any such agreement, or any other agreement
relating to the relationship of any such employee, consultant or independent contractor with Target. Section 3.8(g)(ii) of the Target Disclosure Schedule sets forth a complete and accurate list of all consultants and
independent contractors used by Target in connection with the conception, reduction to practice, creation, derivation, development, or making of the Target Intellectual Property and Target Technology. 

(h) Reserved. 
 (i) No
Release of Source Code. Except as disclosed as required under Section 3.8(i) of the Target Disclosure Schedule, Target has not disclosed, delivered or licensed to any Person, agreed to disclose, deliver or license to
any Person, or permitted the disclosure or delivery to any escrow agent or other Person, any Target Source Code, except for disclosures to employees, independent contractors or consultants under binding written agreements that prohibit use or
disclosure except in the performances of services for Target. No event has occurred, and to Target’s Knowledge, no circumstance or condition exists, that (with or without notice or lapse of time) will, or could reasonably be expected to, result
in the disclosure or delivery to any Person of the Target Source Code. 
 (j) No Viruses in Target Products. No Target Products
contain any “back door,” “time bomb,” “Trojan horse,” “worm,” “drop dead device,” “virus” or other software routines or hardware components designed to permit unauthorized access or to
disable or erase software, hardware or data (“Viruses”). Target has taken steps reasonably necessary to prevent the introduction of Viruses into Target Technology. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 28 

 (k) No Standards Bodies. Except as set forth in
Section 3.8(k) of the Target Disclosure Schedule, Target is not now nor has it ever been, and no previous owner of any Target Owned Intellectual Property or Target Technology owned or purported to be owned by Target was
during the duration of their respective ownership, a member or promoter of, or a contributor to or made any commitments or agreements regarding any patent pool, industry standards body, standard setting organization, industry or other trade
association or similar organization, in each case that could or does require or obligate Target or the previous owner to grant or offer to any other Person any license or other right to the Target Owned Intellectual Property or Target Technology,
including any future Technology and Intellectual Property developed, conceived, made or reduced to practice by Target or any Affiliate of Target after the Closing Date. 

(l) No Government Funding. Except as set forth in Section 3.8(l) of the Target Disclosure Schedule, no
funding, facilities, resources or personnel of any Governmental Entity or any university, college, other educational institution, multi-national, bi-national or
international organization or research center was used in connection with the development or creation, in whole or in part, of any Target Owned Intellectual Property or Target Technology. 

(m) No Limits on Acquiror’s Rights. The execution, delivery or performance of this Agreement or any ancillary agreement
contemplated hereby, the consummation of the transactions contemplated by this Agreement or such ancillary agreements and the satisfaction of any Closing condition set forth herein will not contravene, conflict with or result in any termination of
or new or additional limitations on the Acquiror’s right, title or interest in or to the Target Intellectual Property, nor will it cause: (i) Target to grant to any other Person any right to or with respect to any Intellectual Property
owned by, or licensed to Target, (ii) Target to be bound by, or subject to, any non-compete or other restriction on the operation or scope of their respective businesses, or (iii) Target to be
obligated to pay any royalties or other fees or consideration with respect to Intellectual Property of any Person in excess of those payable by Target in the absence of this Agreement or the transactions contemplated hereby. 

(n) Transferability of Intellectual Property. All Target Owned Intellectual Property is fully transferable, alienable and licensable by
Target without restriction and without obligation to make further payment of any kind (excluding government issued taxes, duties or charges) to any other Person. 

(o) Obligations with respect to FlexNoc 3.0 and Gladiator. Target has not delivered or otherwise distributed to any Person, and Target
has no obligation to deliver or otherwise distribute to any Person, the Target Products known as “FlexNoc version 3.0” or “Gladiator.” 

(p) Intra-Company IP Agreements. A complete and accurate list of each Intra-Company IP Agreement, together with a brief description of each, is set forth in Section 3.8(p) of the Target Disclosure Schedule. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 29 

 3.9 Target Products. 

(a) A complete and accurate list of each of the Target Products offered for license by Seller since October 1, 2011, together with a
brief description of each, is set forth in Section 3.9 of the Target Disclosure Schedule. 
 (b) The Commercially
Released Target Products are the only Target Products that have been sold, licensed, leased, delivered or otherwise made available by Target to any Person and the only technology that Target has used in the provision of all services provided by or
on behalf of Target to any Person (including all installation services, programming services, integration services, repair services, maintenance services, support services, training services and upgrade services) on or during the two (2) year
period prior to the Closing Date. The Commercially Released Target Products conform and comply with the terms and requirements of all applicable contractual obligations, express and implied warranties (to the extent not subject to legally effective
express exclusions thereof), packaging, advertising and marketing materials, product or service specifications and documentation, and Applicable Law. 

(c) No customer or other Person has asserted or threatened to assert any claim against Target under or based upon any contractual obligation
or warranty provided by or on behalf of Target, including with respect to any Target Products. 
 (d)
Section 3.9(d) of the Target Disclosure Schedule sets forth a list identifying and describing all known bugs, errors and defects, which exist as of September 24, 2013 in the Target Products. Target has disclosed
in writing to Parent Acquiror all information relating to any known problem or known issue with respect to any of the Target Products that adversely affects, or may reasonably be expected to adversely affect, the value, functionality or fitness for
the intended purpose of such Target Products. Without limiting the generality of the foregoing, during the two (2) year period prior to the date hereof (i) there have been no written claims (not including customer communications made in
the ordinary course) asserted against Target or to Knowledge of Target against any of Target’s distributors or customers in each case related to the Target Products; and (ii) Target has not recalled or been required to recall any Target
Products. 
 3.10 Privacy; Security Measures. Target has complied in all material respects with all Applicable Law, contractual
obligations and Target’s privacy policies, if any, relating to the collection, storage, use, disclosure and transfer of any personally identifiable information collected by or on behalf of Target, and have taken appropriate and industry
standard measures reasonably necessary to protect and maintain the security and confidential nature of such personally identifiable information. Target has implemented and maintained, consistent with industry standard practices and its contractual
and other obligations to other Persons, security and other measures reasonably necessary to protect all computers, networks, software and systems included in the Purchased Assets from Viruses and unauthorized access, use or modification, or other
misuse. 
 3.11 Minute Books. The minute books of Target Holdings and each Target Subsidiary contain a complete and accurate summary
in all material respects of all meetings of directors and stockholders or actions by written consent since the time of incorporation through the date of this Agreement, and reflect all transactions referred to in such minutes accurately in all
material respects. All such minutes have been provided to Acquiror. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 30 

 3.12 Material Contracts. 

(a) All of the Material Contracts of Target are listed in Section 3.12 of the Target Disclosure Schedule and a
true, correct and complete copy of each such Material Contract has been delivered to Acquiror. With respect to each Assigned Contract: (i) such Assigned Contract is legal, valid, binding and enforceable and in full force and effect with respect
to Target, and, to Target’s Knowledge, is legal, valid, binding, enforceable and in full force and effect with respect to each other party thereto, in either case subject to the effect of bankruptcy, insolvency, moratorium or other similar laws
affecting the enforcement of creditors’ rights generally and except as the availability of equitable remedies may be limited by general principles of equity; and (ii) neither Target nor, to Target’s Knowledge, any other party is in
material breach or default. 
 (b) “Material Contract” means any Contract to which Target is a party as of the date of this
Agreement: 
 (i) that is required to be listed in Section 3.8 of the Target Disclosure Schedule; or 

(ii) that is an Assigned Contract or an Assigned Lease. 

(c) Except for the consents set forth in Section 3.12(c) of the Target Disclosure Schedule (the
“Required Contract Consents”), no prior consent of any party to an Assigned Contract is required for the consummation by Target of the transactions contemplated hereby to be in compliance with the provisions of such Assigned
Contract or to avoid the termination of, the loss of any right under or the incurrence of any obligation under, such Assigned Contract. Target has made available to Acquiror copies of all Assigned Contracts listed on the Target Disclosure Schedule.

 3.13 Real Estate. Each of the Assigned Leases is in full force and effect and is valid, binding and enforceable in accordance with
its terms, except as such enforceability may be limited by bankruptcy, insolvency, moratorium or other similar laws affecting or relating to creditors’ rights generally; and general principles of equity, regardless of whether asserted in a
proceeding in equity or at law. True and correct copies of each of the Assigned Leases has been provided to Acquiror. Target has paid all rents and service charges to the extent such rents and charges are due and payable under the Assigned Leases.

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 31 

 3.14 Title to Property. Target has good and marketable title to the Purchased Assets
(other than the Assigned Leases) free and clear of all Encumbrances, and with respect to the Assigned Leases, valid leasehold interests therein, free and clear of all Encumbrances. The Assigned Tangible Personal Property is in all material respects
in good operating condition and repair, subject to normal wear and tear. Arteris, KK owns none of the Purchased Assets. 
 3.15
Environmental Matters. 
 (a) The following terms shall be defined as follows: 

(i) “Environmental Laws” means any applicable foreign, federal, state or local governmental laws (including common laws),
statutes, ordinances, codes, regulations, rules, policies, permits, licenses, certificates, approvals, judgments, decrees, orders, directives, or requirements that pertain to the protection of the environment, protection of public health and safety,
or protection of worker health and safety, or that pertain to the handling, use, manufacturing, processing, storage, treatment, transportation, discharge, release, emission, disposal, re-use, recycling, or
other contact or involvement with Hazardous Materials (as defined in Section 3.15(a)(ii)), including the federal Comprehensive Environmental Response, Compensation and Liability Act of 1980, 42 U.S.C. Section 9601, et seq., as amended
(“CERCLA”), and the federal Resource Conservation and Recovery Act, 42 U.S.C. Section 6901, et seq., as amended (“RCRA”). 

(ii) “Hazardous Materials” means any material, chemical, compound, substance, mixture or
by-product that is identified, defined, designated, listed, restricted or otherwise regulated under Environmental Laws as a “hazardous constituent,” “hazardous substance,” “hazardous
material,” “acutely hazardous material,” “extremely hazardous material,” “hazardous waste,” “hazardous waste constituent,” “acutely hazardous waste,” “extremely hazardous waste,”
“infectious waste,” “medical waste,” “biomedical waste,” “pollutant,” “toxic pollutant,” “contaminant” or any other formulation or terminology intended to classify or identify substances,
constituents, materials or wastes by reason of properties that are deleterious to the environment, natural resources, worker health and safety, or public health and safety, including ignitability, corrosivity, reactivity, carcinogenicity, toxicity
and reproductive toxicity. The term “Hazardous Materials” shall include any “hazardous substances” as defined, listed, designated or regulated under CERCLA, any “hazardous wastes” or “solid wastes” as defined,
listed, designated or regulated under RCRA, any asbestos or asbestos-containing materials, any polychlorinated biphenyls, and any petroleum or hydrocarbonic substance, fraction, distillate or by-product. 
 (b) Target is and has been in compliance with all Environmental Laws relating to the
properties or facilities used, leased or occupied by Target in connection with the conduct of the Target Acquired Business at any time (collectively, “Target’s Facilities;” such properties or facilities currently used, leased
or occupied by Target are defined herein as “Target’s Current Facilities”), and to Target’s Knowledge, no discharge, emission, release, leak or spill of Hazardous Materials has occurred at any of Target’s Facilities
that may or will give rise to liability of Target under Environmental Laws. To Target’s Knowledge, there are no Hazardous Materials (including asbestos) present in the surface waters, structures, groundwaters or soils of or beneath any of
Target’s Current Facilities. To Target’s Knowledge, there neither are nor have been any aboveground or underground storage tanks for Hazardous Materials at Target’s Current Facilities. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 32 

 3.16 Taxes. 

(a) As used in this Agreement, the terms “Tax” and, collectively, “Taxes” mean any and all federal, state
and local taxes of any country, assessments and other governmental charges, duties, impositions and liabilities in the nature of a tax, including taxes based upon or measured by gross receipts, income, profits, sales, use and occupation, and value
added, ad valorem, stamp, transfer, franchise, withholding, payroll, recapture, employment, excise and property taxes, together with all interest, penalties and additions imposed with respect to such amounts and any obligations under any Contract
with any other Person with respect to such amounts including any liability for taxes of a predecessor entity. 
 (b) Target has prepared and
timely filed (taking into account valid extensions of the applicable due date) all returns, estimates, information statements and reports required to be filed by or on behalf of Target with any taxing authority (“Returns”) relating
to any and all Taxes concerning or attributable to Target or its operations for any period ending on or before the Closing Date and which are required to be filed (taking into account valid extensions of the applicable due date) as of the date
hereof and such Returns are true and correct in all material respects and have been completed in accordance with Applicable Law. All Taxes due and owing (whether or not shown on any Return) have been paid when due. 

(c) As of the date hereof, Target has, and as of the Closing Date, Target will have, (i) timely withheld from its employees, independent
contractors, customers, stockholders, and other Persons from whom it is required to withhold Taxes in compliance with all Applicable Law, and (ii) timely paid all amounts so withheld to the appropriate Governmental Entity or taxing authority.

 (d) Except as provided in Section 2.9 and Section 6.11, Target has paid to the
appropriate Governmental Entity, or, if payment is not yet due, will pay, to the appropriate Governmental Entity all Taxes related to the Purchased Assets imposed on Target or for which Target could be liable, whether to taxing authorities or to
other Persons (pursuant to a tax sharing agreement or otherwise) for all taxable periods ending on or before the Closing Date. 
 (e) No
extension of time has been requested or granted for Target to file any Return related to the Purchased Assets that has not yet been filed or to pay any Tax related to the Purchased Assets that has not yet been paid. There are no presently
outstanding waivers or extensions or requests for waiver or extension of the time to file any Return or pay and Taxes relating to the Purchased Assets. 

(f) No Returns of Target have been audited by a Governmental Entity or taxing authority, nor is any such audit in process, and Target has not
been notified in writing of any request for such an audit or other examination. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 33 

 (g) Other than any consolidated Returns of Target, neither Target Holdings nor any Target
Subsidiary has been a member of an affiliated group of corporations filing a consolidated U.S. federal income tax return. 
 (h) Target has
made available to Acquiror copies of all Returns filed for all periods since the later of the inception of Target Holdings and the inception of any Target Subsidiary. 

(i) None of the Purchased Assets to be sold by Target France Sub constitutes a “United States Real Property Interest” within the
meaning of Section 897(c)(1) of the Code. 
 (j) There are (and immediately following the Closing there will be) no Encumbrances on the
Purchased Assets. 
 (k) Target has collected and remitted to the appropriate Governmental Entity all sales and use or similar Taxes
required to have been collected with respect to the Target Business. 
 (l) There is no agreement, plan, arrangement or other contract
covering any employee or other service provider of Target (or any other entity treated as a member of Target’s affiliated group for purposes of Section 280G(d)(5) of the Code), including arrangements contemplated by this Agreement, that,
considered individually or in the aggregate with any other such agreements, plans, arrangements or other contracts in existence as of the date of this Agreement, will, or could reasonably be expected to, give rise directly or indirectly to the
payment of any amount that would be characterized as a “parachute payment” within the meaning of Section 280G(b)(1) of the Code or similar provisions of Applicable Law. There is no agreement, plan, arrangement or other contract by
which Target is bound to compensate any Person for excise taxes paid pursuant to Section 4999 of the Code. Section 3.22 (cc) of the Target Disclosure Schedule lists all Persons who are “disqualified individuals” (within the
meaning of Section 280G of the Code and the regulations promulgated thereunder) as determined as of the date of this Agreement. 
 (m)
No agreement, plan, or contract to be assumed by Acquiror is a “nonqualified deferred compensation plan” (as such term is defined under Section 409A(d)(1) of the Code and the guidance thereunder). There is no agreement, plan,
arrangement, or other contract by which Acquiror will be bound to compensate any Person for excise taxes paid pursuant to Section 4999 of the Code. 

3.17 Employee Benefit Plans. 

(a) Section 3.17(a) of the Target Disclosure Schedule contains an accurate and complete list, with respect to
Target and any other Person under common control with Target within the meaning of Section 414(b), (c), (m) or (o) of the Code, and the regulations issued thereunder (collectively an “ERISA Affiliate”) of each material
plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 34 

 
termination pay, deferred compensation, performance awards, stock or stock-related options or awards, pension, retirement benefits, profit-sharing, savings, disability benefits, medical insurance, dental insurance, health insurance, life insurance, death benefit, other insurance, welfare benefits, fringe benefits or other employee benefits or
remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each “employee benefit plan,” within the meaning of Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended
(“ERISA”), or similar provisions of Applicable Law, which is maintained, contributed to, or required to be contributed to, by Target or any ERISA Affiliate for the benefit of any Identified Employee (collectively, the
“Target Employee Plans”), and indicates whether such Target Employee Plan is a PEO Benefit Plan. Any Target Employee Plan that is not a PEO Benefit Plan is referred to in this Agreement as a “Sponsored Target Employee
Plan.” Target has not made any plan or commitment to participate in any PEO Benefit Plan or Sponsored Target Employee Plan or to modify any PEO Benefit Plan or establish any new Sponsored Target Employee Plan (except to the extent required
by Applicable Law or to conform any such PEO Benefit Plan or Target Employee Plan to the requirements of any Applicable Law, in each case as previously disclosed to Acquiror in writing, or as expressly required by this Agreement). 

(b) Documents. Target has provided to Acquiror (i) correct and complete copies of all documents embodying each PEO Benefit Plan
and Sponsored Target Employee Plan including all amendments thereto and all related trust documents (or a summary of any oral Target Employee Plan), (ii) the most recent summary plan description together with the summary(ies) of material
modifications thereto, if any, with respect to each Sponsored Target Employee Plan, (iii) all communications material to any employee or employees relating to any Sponsored Target Employee Plan relating to any amendments, terminations,
increases or decreases in benefits, acceleration of payments or vesting schedules or other events which would result in any material liability to Target, (iv) all correspondence to or from any governmental agency relating to any Sponsored
Target Employee Plan, (v) all discrimination tests for each Target Employee Plan for the three most recent plan years, (vi) the most recent IRS determination or opinion letter issued with respect to each PEO Benefit Plan or Sponsored
Target Employee Plan that is intended to be tax-qualified in the United States and (vii) all rulings or notices issued by a governmental agency with respect to each Sponsored Target Employee Plan. 

(c) Target Employee Plan Compliance. The Multiple Employer 401(k) Plan is the only Target Employee Plan that is intended to be
qualified under Section 401(a) of the Code. The Multiple Employer 401(k) Plan is subject to a favorable determination, notification, advisory and/or opinion letter, as applicable, on which the employer is entitled to rely, as to its qualified
status from the IRS. There are no actions, suits or claims pending or, to the Knowledge of Target, threatened or reasonably anticipated (other than routine claims for benefits) against any Sponsored Target Employee Plan, against the assets of
Sponsored Target Employee Plan in connection with participation by an Identified Employee in any PEO Benefit Plan or Sponsored Target Employee Plan. There are no audits, inquiries or proceedings pending or to the Knowledge of Target or any ERISA
Affiliates, threatened by the IRS, DOL, or any other governmental entity with respect to any Sponsored Target Employee Plan. None of Target or any ERISA Affiliate is subject to any fine, assessment, penalty or other Tax or liability with respect to
any Sponsored Target Employee Plan under Section 502(i) of ERISA or Sections 4975 through 4980 of the Code or otherwise by operation of Applicable Law or contract. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 35 

 (d) No Pension Plan. None of Target or any ERISA Affiliate has ever maintained,
established, sponsored, participated in, or contributed to, any Target Employee Plan that is an “employee pension benefit plan,” within the meaning of Section 3(2) of ERISA (a “Pension Plan”) subject to Part 3 of
Subtitle B of Title I of ERISA, Title IV of ERISA or Section 412 of the Code or similar provisions of Applicable Law. 
 (e)
Collectively Bargained, Multiemployer and Multiple-Employer Plan. At no time has Target or any ERISA Affiliate contributed to or been obligated to contribute to any multiemployer plan (as defined
in Section 3(37) of ERISA). Except for the Multiple Employer 401(k) Plan and the PEO Benefit Plans, none of Target or any ERISA Affiliate has at any time ever maintained, established, sponsored, participated in or contributed to any multiple
employer plan or to any plan described in Section 413 of the Code. 
 (f) No
Post-Employment Obligations. No Target Employee Plan provides, or reflects or represents any liability to provide, post-termination or retiree life insurance,
health or other employee welfare benefits to any Person for any reason, except as may be required by COBRA or other applicable statute, and Target has not represented, promised or contracted (whether in oral or written form) to any employee (either
individually or to employees as a group) or any other Person that such employee(s) or other Person would be provided with life insurance, health or other employee welfare benefits, except to the extent required by COBRA or other applicable statute.

 (g) Effect of Transaction. Neither the execution and delivery of this Agreement nor the consummation of the transactions
contemplated hereby or any termination of employment or service in connection therewith will (i) result in any payment (including severance, golden parachute, bonus or otherwise), becoming due to any employee, (ii) result in any
forgiveness of indebtedness, (iii) materially increase any benefits otherwise payable by Target or (iv) result in the acceleration of the time of payment or vesting of any such benefits except as required under Section 411(d)(3) of
the Code. 
 (h) Employment Matters. In each case, with respect to the Identified Employees, Target: (i) have reported all
amounts required by law or by agreement to be withheld and reported with respect to wages, salaries and other payments to Identified Employees, (ii) are not liable for any arrears of wages or severance pay or any penalty for failure to comply
with any of the foregoing, and (iii) are not liable for any payment to any trust or other fund governed by or maintained by or on behalf of any Governmental Entity, with respect to unemployment compensation benefits, social security or other
benefits or obligations for employees (other than routine payments to be made in the normal course of business and consistent with past practice). 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 36 

 (i) Foreign Target Employee Plan. With respect to each Target Employee Plan which is
subject to the laws of any jurisdiction outside of the United States (a “Foreign Target Employee Plan”), the Foreign Target Employee Plan (i) has been maintained in all material respects in accordance with all Applicable Law
and with its terms, (ii) if intended to qualify for special Tax treatment, meets all requirements for such treatment, (iii) is fully funded, has been fully accrued for on the Target Financial Statements and will be fully accrued for as of
the Closing, (iv) if not previously fully funded, will be fully funded as of the Closing Date (including with respect to benefits not then vested), and (v) if required to be registered, has been registered with the appropriate authorities
and has been maintained in good standing with the appropriate regulatory authorities. 
 3.18 Employee Matters. 

(a) Section 3.18(a) of the Target Disclosure sets forth a true, correct and complete list of the names, positions
and rates of compensation of all Identified Employees, in each case as of the date of this Agreement, showing each such person’s name, position, annual remuneration, status as exempt/non-exempt or other
relevant local status (e.g., cadre/non-cadre, group, etc.), whether such Identified Employee is on a leave of absence (including the anticipated return to work date) and accrued but unpaid incentive bonuses
for the current fiscal year and, as of September 30, 2013, accrued but unused vacation and rest days. 
 (b) Except as prohibited by
Applicable Law, the services provided by each of Target’s and its ERISA Affiliates’ U.S. Identified Employees is terminable at the will of Target or the applicable ERISA Affiliate and any such termination would result in no liability to
Target or any ERISA Affiliate. None of Target or any ERISA Affiliate could reasonably be deemed to have direct or indirect material liability with respect to any misclassification of any Identified Employee as an independent contractor rather than
as an employee, or with respect to any employee leased from another employer. 
 (c) Target is in compliance in all material respects with
all currently Applicable Laws and regulations respecting terms and conditions of employment, including applicant and employee background checks, immigration laws, discrimination laws, verification of employment eligibility, employee leave laws,
classification of workers as employees and independent contractors, wage and hour laws, premium, profit-sharing, benefits in kind, remuneration for inventions, overtime work, and occupational safety and health
laws. There are no proceedings pending or, to Target’s Knowledge, reasonably expected or threatened, between Target, on the one hand, and any or all of the Identified Employees, on the other hand, including any claims for actual or alleged
harassment or discrimination based on race, national origin, age, sex, sexual orientation, religion, disability, any other characteristic protected by law, or similar tortious conduct, breach of contract, wrongful termination, failure to properly
and timely pay wages, defamation, intentional or negligent infliction of emotional distress, interference with contract or interference with actual or prospective economic disadvantage. There are no claims pending, or, to Target’s Knowledge,
reasonably expected or threatened, against Target by all or any of the Identified Employees under any workers’ compensation or long-term disability plan or policy. Target has provided all Identified
Employees with all earned wages, benefits, relocation benefits, stock options, bonuses and incentives, and all other compensation that is due to be paid to or on behalf of such Identified Employees. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 37 

 (d) No work stoppage or labor strike against Target is pending, or, to the Knowledge of
Target, threatened, or reasonably anticipated. Target has no Knowledge of any activities or proceedings of any labor union to organize any Identified Employees. There are no actions, suits, claims, labor disputes or grievances pending or, to
Target’s Knowledge, threatened, or reasonably anticipated relating to any labor matters involving any Identified Employee, including charges of unfair labor practices. Target has not engaged in any unfair labor practices within the meaning of
the National Labor Relations Act or any Applicable Law with respect to all or any of the Identified Employees. Except as set forth in Section 3.17(e) of the Target Disclosure Schedule, Target is not presently, nor has it
been in the past, a party to, or bound by, any collective bargaining agreement or union contract with respect to Identified Employees and no collective bargaining agreement is being negotiated by Target with respect to Identified Employees. 

(e) Neither the execution nor delivery of this Agreement, nor the carrying on of Target’s business as presently conducted nor any
activity of such the Identified Employees in connection with the conduct of the Target Acquired Business as presently conducted will, to the Knowledge of Target, conflict with or result in a breach of the terms, conditions, or provisions of, or
constitute a default under, any Contract under which any Identified Employee is now bound. 
 3.19 Insurance. Target has policies of
insurance and bonds of the type and in amounts customarily carried by Persons conducting businesses similar to the Target Acquired Business or owning assets similar to the Purchased Assets. There is no material claim pending under any of such
policies or bonds as to which coverage has been questioned, denied or disputed by the underwriters of such policies or bonds. All premiums due and payable under all such policies and bonds have been paid, and Target is otherwise in compliance with
the terms of such policies and bonds. Target has no Knowledge of any threatened termination of any of such policies. 
 3.20 Compliance
With Laws. Target has complied in all material respects with, and have not received any notices of violation with respect to, any federal state, local or foreign statute, law or regulation with respect to the conduct of the Target Acquired
Business, or the ownership or operation of the Target Acquired Business. 
 3.21 Brokers’ and
Finders’ Fee. No broker, finder or investment banker is entitled to brokerage or finders’ fees or agents’ commissions or investment bankers’ fees or any similar charges from Target in connection with the
Acquisition, this Agreement or any transaction contemplated hereby. 
 3.22 Absence of Unlawful Payments. None of (a) Target or
(b) any director, officer, employee, agent or Representative of Target has offered, authorized, made, paid or received, directly or indirectly, any bribes, kickbacks, or other similar payments or offers or transfers of value in connection with
obtaining or retaining business or to secure an improper advantage to or from any Person; nor have any of them, directly or indirectly, committed any violation of any applicable anti-corruption law or
regulation, including the U.S. Foreign Corrupt Practices Act, 15 U.S.C. 78dd et seq. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 38 

 3.23 Compliance with Rights of First Refusal. Neither the execution, delivery and
performance of this Agreement, nor the consummation of the Acquisition, will result in any violation or be in conflict with or constitute, with or without the passage of time and giving of notice, any agreement to which Target is a party that
provides for any right of notice, right of first refusal, right of first offer, right of first negotiation or similar right directly or indirectly applicable to this Agreement, the consummation of the Acquisition or any other transaction
contemplated by this Agreement. 
 3.24 “Size of Person” Threshold. As of the date of this Agreement,
Target does not meet the “size of person” threshold under the HSR Act, and the rules and regulations promulgated thereunder. 

(a) Target regularly prepares unaudited balance sheets on a monthly basis. 

(b) Target is its own ultimate parent entity (as such term is defined in 16 C.F.R. § 801.1(a)(3)) and is not controlled (as such
term is defined in 16 C.F.R. § 801.1(b)) by any other entity (as such term is defined in 16 C.F.R. § 801.1(a)(2)). 

(c) Target is not engaged in manufacturing (as such term is defined in 16 C.F.R. § 801.1(j) and interpreted by the Federal Trade
Commission’s Premerger Notification Office (“PNO”)). 
 (d) As of the date of this Agreement, Target’s annual net
sales (as such term is defined in 16 C.F.R. § 801.11 and interpreted by the PNO) as stated on its Last Regularly Prepared Annual Statement of Income and Expense are less than [****]. 

(e) As of the date of this Agreement, Target’s total assets (as such term is defined in 16 C.F.R. § 801.11 and interpreted by
the PNO) as stated on its Last Regularly Prepared Balance Sheet are less than [****]. 
 3.25 Export Control. Section 3.25 of the
Target Disclosure Schedule is a complete and accurate list of (a) the export control classification numbers (ECCNs) for each Target Product exported by Target, and (b) any export licenses or license exceptions applicable to each
Target Product. 
 3.26 Solvency. No insolvency proceeding of any character including bankruptcy, receivership, reorganization,
composition or arrangement with creditors, voluntary or involuntary, affecting, Target (other than as a creditor) or any of the Purchased Assets are pending or are being contemplated by Target, or are, to the Knowledge of Target, being threatened
against Target by any other Person, and Target has not made any assignment for the benefit of creditors or taken any action in contemplation of which that would constitute the basis for the institution of such insolvency proceedings. Immediately
after giving effect to the consummation of the Acquisition: (a) Target will be able to pay the Retained Liabilities as they become due; (b) the Excluded Assets (calculated at fair market value) will exceed the Retained Liabilities; and
(c) taking into account all pending and threatened litigation, final judgments against Target in actions 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 39 

 
for money damages are not reasonably anticipated to be rendered at a time when, or in amounts such that, Target will be unable to satisfy any such judgments promptly in accordance with their
terms (taking into account the maximum probable amount of such judgments in any such actions and the earliest reasonable time at which such judgments might be rendered) as well as all other obligations of Target. 

3.27 Representations Complete. To the Knowledge of Target, none of the representations and warranties made by Target herein contain, or
will contain as of the Closing, any untrue statement of a material fact, or omits or will omit as of the Closing to state any material fact necessary in order to make the statements contained herein or therein, in the light of the circumstances
under which made, not misleading. 
 3.28 Exclusivity of Representations and Warranties. The representations and warranties made by
Target in this Agreement (as modified by the Target Disclosure Schedule) and the Target Closing Certificate are the exclusive representations and warranties made by Target in connection with the Acquisition and the other transactions contemplated
hereby. Target hereby disclaims any other express or implied representations or warranties with respect to such matters. 
 4.
Representations and Warranties of Acquiror. Acquiror represents and warrants to Target as follows. 
 4.1 Organization, Standing
and Power. Parent Acquiror is a corporation duly organized, validly existing and in good standing under the laws of the state of Delaware. Parent Acquiror has the corporate power to own its properties and to carry on its business as now being
conducted and as proposed to be conducted and is duly qualified to do business and is in good standing in each jurisdiction in which the failure to be so qualified and in good standing could reasonably be expected to have a Material Adverse Effect
on Acquiror. Each Subsidiary Acquiror is a corporation or other legal entity duly organized, validly existing and in good standing under the laws of the its jurisdiction of organization and has all corporate, partnership or other similar powers to
carry on its business as now being conducted and as proposed to be conducted and is duly qualified to do business and is in good standing in each jurisdiction in which the failure to be so qualified and in good standing could reasonably be expected
to have a Material Adverse Effect on Acquiror 
 4.2 Authority. 

(a) Acquiror has all requisite corporate power and authority to enter into this Agreement and to consummate the transactions contemplated
hereby. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of Parent Acquiror and each Subsidiary Acquiror. This Agreement
has been duly executed and delivered by Acquiror and constitutes the valid and binding obligation of Acquiror enforceable against Acquiror in accordance with its terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium
or other similar laws affecting or relating to creditors’ rights generally, and subject to general principles of equity. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 40 

 (b) Assuming the accuracy of Target’s representations and warranties set forth in
Section 3.2 hereof, no consent, approval, order or authorization of or registration, declaration or filing with any Governmental Entity is required by or with respect to Acquiror or any of its Subsidiaries in connection
with the execution and delivery of this Agreement by Acquiror or the consummation by Acquiror of the transactions contemplated hereby, except for such consents, authorizations, filings, approvals and registrations which, if not obtained or made,
would not reasonably be expected to have a Material Adverse Effect on Acquiror and would not prevent, materially alter or delay any of the transactions contemplated by this Agreement; and (iii) such filings and consents as may be required under
foreign anti-trust laws. 
 4.3 Fair Market Valuation. Acquiror has made a good faith
determination, in accordance with 16 C.F.R. § 801.10(c) (3), that the Fair Market Value of the Purchased assets does not exceed [****]. 

5. Conduct Prior to the Closing. 

5.1 Conduct of Business of Target. 

(a) During the period from the date of this Agreement and continuing until the earlier of the termination of this Agreement or the Closing
(the “Pre-Closing Period”), Target agrees (except to the extent expressly contemplated by this Agreement or set forth in Section 5.1(a) of the Target
Disclosure Schedule or as consented to in writing by Parent Acquiror): (i) to carry on the business of Target in the ordinary course consistent with past practice; (ii) to pay the debts and Taxes of Target when due subject to any good
faith disputes over such debts or Taxes; (iii) to pay or perform other obligations of Target when due; and (iv) to use commercially reasonable efforts to preserve substantially intact the present business organizations of Target, keep
available the services of the present officers of Target and the Identified Employees and preserve substantially intact the relationships of Target with licensors and licensees. 

(b) Without limiting the foregoing, except as expressly contemplated by this Agreement or set forth in
Section 5.1(b) of the Target Disclosure Schedule, during the Pre-Closing Period Target shall not, nor shall Target cause or permit any of the following, without the written consent of
Parent Acquiror: 
 (i) Charter Documents. Cause or permit any amendments to the Organizational Documents of Target Holdings or any
Target Subsidiary. 
 (ii) Changes in Capital Stock; Issuance of Securities. Split, combine or reclassify any of the Target Capital
Stock, or issue or authorize the issuance of any other securities in respect of, in lieu of or in substitution for shares of Target Capital Stock (except the issuance of shares of Target Capital Stock upon the conversion or exercise of Target
Options or Target Warrants outstanding as of the date of this Agreement) or issue any shares of Target Capital Stock (except the issuance of shares of Target Capital Stock upon the conversion or exercise of Target Options or Target Warrants
outstanding as of the date of this Agreement). 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 41 

 (iii) Intellectual Property. Enter into or amend any Contracts pursuant to which
Target transfers or licenses to any Person or entity any material rights to Target Intellectual Property or any other party is granted material rights of any type or scope with respect to any Target Intellectual Property, other than non-exclusive licenses to customers or suppliers of Target in the ordinary course of the Target Licensing Current Business consistent with past practices. 

(iv) Dispositions. Sell, lease, license or otherwise dispose of or encumber any of the properties or material assets of Target that are
material, individually or in the aggregate, to the Target’s business, taken as a whole, other than in the ordinary course of business consistent with past practice. 

(v) Indebtedness. Incur any Indebtedness that would result in any Encumbrance on any of the Purchased Assets. 

(vi) Agreements. Other than in the ordinary course of business consistent with past practice or with respect to any Contract that
renews or terminates automatically without any action of Target, enter into, terminate or amend (A) any Contract relating to the license, transfer or other disposition or acquisition of Intellectual Property or rights to market or sell Target
Products, other than non-exclusive licenses to customers or suppliers of Target, or (B) any Material Contract or any Contract that would be a Material Contract if in existence on the date of this
Agreement. 
 (vii) Insurance. Materially reduce the amount of any insurance coverage provided by existing insurance policies. 

(viii) Termination or Waiver. Terminate or waive any right of substantial value pertaining to the Purchased Assets, other than in the
ordinary course of business. 
 (ix) Employee Benefit Plans; New Hires; Pay Increases. Except as contemplated by this
Agreement, amend any Target Employee Plan or adopt any plan that would constitute a Target Employee Plan except in order to comply with Applicable Law, or pay any discretionary bonus, special remuneration or special noncash benefit to any Identified
Employee (except payments and benefits made pursuant to written agreements outstanding on the date of this Agreement and listed in Section 5.1(c)(ix) of the Target Disclosure Schedule), or increase the benefits, salaries or
wage rates of any Identified Employee, other than in the ordinary course of business consistent with past practice. 
 (x) Severance
Arrangements. Grant or pay any severance or termination pay or benefits to any Identified Employee. 
 (xi) Lawsuits. Commence a
lawsuit in respect of or pertaining to any Purchased Asset. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 42 

 (xii) Taxes. Other than in the ordinary course of business, (A) file any Return
or any amendment to any Return other than Returns or amendments set forth on Section 5.1(c)(xii) of the Target Disclosure Schedule, (B) settle any claim or assessment in respect of Taxes, or (C) consent to any
extension or waiver of the limitation period applicable to any claim or assessment in respect of Taxes, but in the case of (B) and (C) only if such action would have an adverse impact with respect to the Purchased Assets. 

(xiii) Other. Take or agree in writing or otherwise to take, any of the actions described in
Sections 5.1(c)(i) through (xii) above. 
 5.2 No Solicitation. 

(a) During the Pre-Closing Period, Target shall not, directly or indirectly through any officer,
director, employee, Representative or agent of Target: (i) solicit, initiate, or knowingly encourage any inquiries or proposals that constitute, or could reasonably be expected to lead to a proposal or offer for a merger, consolidation, share
exchange, business combination, sale of all or substantially all of the assets, sale of shares of capital stock or similar transactions involving Target that would include any of the Purchased Assets (any of the foregoing inquiries or proposals an
“Acquisition Proposal”); (ii) engage or participate in negotiations or discussions concerning, or provide any non-public information to any Person or entity relating to, any Acquisition
Proposal; or (iii) agree to, enter into, accept, approve or recommend any Acquisition Proposal. 
 (b) Target shall promptly notify
Acquiror (and no later than twenty-four (24) hours) after receipt by Target (or its advisors) of any Acquisition Proposal or any request for nonpublic information in connection with an Acquisition
Proposal or for access to the properties, books or records of Target by any Person or entity that informs Target that it is considering making, or has made, an Acquisition Proposal. Such notice shall be made orally and in writing and shall indicate
in reasonable detail the identity of the offeror (if permitted by confidentiality obligations of Target in effect as of the date of this Agreement) and the material terms and conditions of such Acquisition Proposal or inquiry. 

5.3 Open Source Removal. Target shall remove the Public Software identified in Section 3.8(d)(i) of the Target
Disclosure Schedule with the notation “Remove pre-close” (or any substantially similar notation) (the “Identified Public Software”) from all Target Products. 

6. Additional Agreements. 

6.1 Approval of Stockholders. Target shall promptly after the execution of this Agreement take all action necessary in accordance with
the Delaware Law, other Applicable Law and the Restated Certificate and the Bylaws to obtain the Executed Written Consent by the Required Stockholders. 

6.2 Notice of Written Consent. Target shall provide the Stockholders with notice of the actions taken in the Executed Written Consent,
including the approval and adoption of this Agreement, the Acquisition and the other transactions contemplated hereby in accordance with Section 228(e) of Delaware Law. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 43 

 6.3 Access to Information. 

(a) During the Pre-Closing Period, Target shall afford Acquiror and its accountants, counsel and other
Representatives, reasonable access during normal business hours to (i) Target’s properties, personnel, books, contracts, commitments and records, and (ii) such other information concerning the business, properties and personnel of
Target as Acquiror may reasonably request. 
 (b) Subject to compliance with Applicable Law, during the
Pre-Closing Period, each of Acquiror and Target shall confer on a regular and frequent basis with one or more representatives of the other party to report operational matters of materiality and the general
status of the Target Acquired Business. 
 (c) No information or Knowledge obtained in any investigation pursuant to this
Section 6.3 or otherwise shall affect or be deemed to modify any representation or warranty contained herein or the conditions to the obligations of the parties to consummate the Acquisition. 

6.4 Public Disclosure. Acquiror and Target shall consult with each other before issuing any press release or otherwise making any public
statement or making any other public (or non-confidential) disclosure (whether or not in response to an inquiry) regarding the terms of this Agreement and the transactions contemplated hereby, and neither
shall issue any such press release or make any such statement or disclosure without the prior approval of the other, except as may be required by Applicable Law or by obligations pursuant to any listing agreement with any national securities
exchange. 
 6.5 Regulatory Approval; Further Assurances. 

(a) Each party shall use commercially reasonable efforts to file, as promptly as practicable after the date of this Agreement, all notices,
reports and other documents required to be filed by such party with any Governmental Entity with respect to the Acquisition and the other transactions contemplated by this Agreement, and to submit promptly any additional information requested by any
such Governmental Entity. If the Last Regularly Prepared Balance Sheet delivered on the Financial Statements Deliverables Date shows that the total assets of Target are [****] or greater or the Last Regularly Prepared Annual Statement of Income and
Expense delivered on the Financial Statements Deliverables Date shows that the total worldwide annual net sales of Target are [****] or greater, then, in either such event, Target and Acquiror shall, promptly after the Financial Statement
Deliverables Date, prepare and file the notifications that may be required under HSR and/or any foreign or supranational equivalents in connection with the Acquisition. Target and Acquiror shall respond as promptly as practicable to (i) any
inquiries or requests received from the Federal Trade Commission or the Department of Justice for additional information or documentations and (ii) any inquiries or requests received from any state attorney general or other Governmental Entity
in connection with antitrust or related matters. Each of Target and Acquiror shall (A) give the other party prompt notice of the commencement of any Legal Proceeding by or before any Governmental Entity with respect to the Acquisition or any of
the other transactions contemplated by this Agreement, (B) keep the other party informed as to the 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 44 

 
status of any such Legal Proceeding, and (C) promptly inform the other party of any communication to or from the Federal Trade Commission, the Department of Justice or any other Governmental
Entity regarding the Acquisition. Target and Acquiror will consult and cooperate with one another, and will consider in good faith the views of one another, in connection with any analysis, appearance, presentation, memorandum, brief, argument,
opinion or proposal made or submitted in connection with any Legal Proceeding under or relating to HSR or any other federal, state, foreign or supranational antitrust or fair trade law. In addition, except as may be prohibited by any Governmental
Entity or by any legal requirement, in connection with any Legal Proceeding or investigation under or relating to HSR or any other federal, state, foreign or supranational antitrust or fair trade law, each of Target and Acquiror will permit
authorized representatives of the other party to be present at each meeting or conference relating to any such Legal Proceeding and to have access to and be consulted in connection with any document, opinion or proposal made or submitted to any
Governmental Entity in connection with any such Legal Proceeding. 
 (b) Subject to Section 6.5(c), Acquiror and
Target shall use commercially reasonable efforts to take, or cause to be taken, all actions necessary to effectuate the Acquisition and make effective the other transactions contemplated by this Agreement. Without limiting the generality of the
foregoing, but subject to Section 6.5(c), each party to this Agreement shall: (i) make any filings and give any notices required to be made and given by such party in connection with the Acquisition and the other
transactions contemplated by this Agreement; (ii) use commercially reasonable efforts to obtain any consent required to be obtained (pursuant to any applicable legal requirement or contract, or otherwise) by such party in connection with the
Acquisition or any of the other transactions contemplated by this Agreement; and (iii) use commercially reasonable efforts to lift any restraint, injunction or other legal bar to the Acquisition. Each party shall promptly deliver to the other a
copy of each such filing made, each such notice given and each such consent obtained by such party during the period prior to the Closing. Each party, at the reasonable request of the other party, shall execute and deliver such other instruments and
do and perform such other acts and things as may be necessary or desirable for effecting completely the consummation of this Agreement and the transactions contemplated hereby. 

(c) Notwithstanding anything to the contrary contained in this Agreement, Acquiror shall not have any obligation under this Agreement to:
(i) dispose or transfer or cause any of its Subsidiaries to dispose of or transfer any assets, or to commit to cause Target to dispose of any assets; (ii) discontinue or cause any of its Subsidiaries to discontinue offering any product or
service, or commit to cause Target to discontinue offering any product or service; (iii) license or otherwise make available, or cause any of its Subsidiaries to license or otherwise make available, to any Person, any technology, software or
other Intellectual Property, or commit to cause Target to license or otherwise make available to any Person any technology, software or other Intellectual Property; (iv) hold separate or cause any of its Subsidiaries to hold separate any assets
or operations (either before or after the Closing Date), or commit to cause Target to hold separate any assets or operations; or (v) make or cause any of its Subsidiaries to make any commitment (to any Governmental Entity or otherwise)
regarding its future operations or the future operations of Target. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 45 

 6.6 Notification of Certain Matters. During the
Pre-Closing Period, each of Target and Acquiror shall give prompt notice to the other if any of the following occurs: 

(a) receipt of any notice or other communication in writing from any Person alleging that the consent of such Person is or may be required in
connection with the transactions contemplated by this Agreement; 
 (b) receipt of any notice or other communication from any Governmental
Entity in connection with the transactions contemplated by this Agreement; 
 (c) the occurrence or
non-occurrence of any fact or event which would reasonably be expected to cause any covenant, condition or agreement hereunder not to be complied with or satisfied; 

(d) the commencement or overt threat of any proceeding against Target or any of the Purchased Assets and 

(e) the occurrence of any fact or event of which such party becomes aware that results in the inaccuracy in any representation or warranty of
such party in this Agreement such that the condition set forth in Section 7.2(a) or Section 7.3(a) is not reasonably expected to be satisfied as of the End Date. 

provided, that the delivery of any notice by any party pursuant to this provision shall not modify any representation or warranty of such party, cure
any breaches thereof or limit or otherwise affect the rights or remedies available hereunder to the other parties and the failure of the party receiving such information to take any action with respect to such notice shall not be deemed a waiver of
any breach or breaches to the representations or warranties of the party disclosing such information. 
 6.7 Employees. 

(a) During the Pre-Closing Period, Target will use commercially reasonable efforts in consultation
with Acquiror to retain the employees of Target, including the Identified Employees, through the Closing. 
 (b) Parent Acquiror (or
Subsidiary Acquiror) agrees to make an offer of employment to each employee of Target identified on Schedule 6.7(b) hereto who is an employee of Target (each, an “Identified Employee”) and each Identified
Employee shall be offered compensation and employee benefits that, in the aggregate, are substantially comparable to the compensation and employee benefits of similarly situated employees of Parent Acquiror (or the designated Subsidiary Acquiror),
excluding the value of any equity grants made to such employees of Parent Acquiror (or the designated Subsidiary Acquiror). In addition, each Identified Employee shall, as of the Closing, receive full credit for service with Target, as applicable,
prior to the Closing for purposes of eligibility to participate, vesting and vacation or other paid time off entitlement under the employee benefit plans, programs and policies of Parent Acquiror (or the designated Subsidiary Acquiror) in which such
Identified Employee becomes a participant (excluding, for the avoidance of doubt, with respect to any equity awards or incentives granted after the Closing, Acquiror’s Wireless Device Subsidy Program, Acquiror’s Service Awards and benefits
where the terms of the applicable plan and/or rules prohibit it (e.g., ESPP)); provided, however, that nothing herein shall result in the duplication of any benefits for the same period of service. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 46 

 (c) With respect to each group health plan maintained by Acquiror for the benefit of
Identified Employees, Parent Acquiror (or its designated Subsidiary Acquiror) shall use its commercially reasonable efforts to ensure that its third party insurance carriers cause to be waived any eligibility waiting periods, any evidence of
insurability requirements and the application of any pre-existing condition limitations under such plan to the extent such were waived or satisfied under the comparable health or welfare benefit plan of
Target, as applicable, immediately prior to the Closing. 
 (d) Other than with respect to any Assumed Liabilities, Target shall be solely
responsible for compliance with, and any notification and Liability under, WARN, as well as all other applicable local, state, federal and foreign laws relating to any termination of any of the employees of Target from employment with Target
occurring prior to or after the date of this Agreement, whether or not in connection with the Acquisition. Target shall be responsible for all Liabilities for employee or independent contractor compensation and benefits accrued or otherwise arising
out of services rendered by its employees, directors and independent contractors prior to the Closing or arising by reason of actual, constructive or deemed termination of their service relationship with Target at Closing, including without
limitation all unused vacation time accrued by its Employees whether or not hired by Acquiror, and all costs relating to the continuation of health benefits under the COBRA, with respect to employees not hired by Acquiror after the Closing Date.

 (e) Upon termination of any Employees by Target, Target shall promptly, and in any event within any time periods prescribed by
Applicable Law, comply with all severance, retrenchment or other similar or related requirements and obligations triggered in connection with such termination as provided by Applicable Law. 

6.8 Expenses. Whether or not the Acquisition is consummated, all Transaction Expenses and any other costs and expenses incurred in
connection with this Agreement and the transactions contemplated hereby shall be paid by the party incurring such expense. For purposes of clarity, Target shall be responsible for the Target Transaction Expenses. 

6.9 Release and Termination of Security Interests. During the Pre-Closing Period, Target shall
use its commercially reasonable efforts to seek and obtain the release of any and all outstanding security interests in any of the Purchased Assets as of the Closing and to terminate all UCC financing statements which have been filed with respect to
such security interests as of the Closing. 
 6.10 Required Contract Consents. Unless otherwise requested by Acquiror, during the Pre-Closing Period, Target shall use its commercially reasonable efforts to obtain all Required Contract Consents and to deliver such consents to Acquiror. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 47 

 6.11 Tax Matters. 

(a) Except as provided in Section 6.11(c), Target shall be responsible for and shall pay or cause to be paid all Taxes that relate to
the Purchased Assets for any Tax period ending on or before the Closing Date. Acquiror shall be responsible for and shall pay all Taxes that relate to the Purchased Assets for any Tax period beginning after the Closing Date. In the case of any Taxes
relating to a Tax period that includes but does not end on the Closing Date, the portion of such Tax that relates to the portion of such Tax period ending on the Closing Date shall (i) in the case of any Taxes other than Taxes based upon
income, be deemed to be the amount of such Tax for the entire Tax period multiplied by a fraction the numerator of which is the number of days in the Tax period ending on the Closing Date and the denominator of which is the number of days in the
entire Tax period, and (ii) in the case of any Tax based upon income, be deemed equal to the amount which would be payable if the relevant Tax period ended on the Closing Date. 

(b) Acquiror and Target agree to furnish or cause to be furnished to the other, upon request, as promptly as reasonably practicable, such
information and assistance relating to the Purchased Assets, including access to books and records, as is reasonably necessary for the filing of all Returns by Acquiror or Target, the making of any election relating to Taxes, the preparation for any
audit by any taxing authority and the prosecution or defense of any claim, suit or proceeding relating to any Tax (including any claims for refunds or credits with respect to Taxes paid or incurred by Target, any prepaid Taxes of Target or any other
rights of Target related to Taxes). Each of Acquiror and Target shall retain all books and records with respect to Taxes pertaining to the Purchased Assets for a period of at least seven (7) years following the Closing Date. Acquiror and Target
shall reasonably cooperate with each other in the conduct of any audit, litigation or other proceeding relating to Taxes involving the Purchased Assets or the Purchase Price Allocation. 

(c) All Transfer Taxes shall be borne and paid by Acquiror when due. The party responsible under Applicable Law for submitting payment of
such Transfer Taxes to the applicable Tax authority shall file all necessary Returns and other documentation with respect to all such Transfer Taxes. If Target is responsible under Applicable Law for submitting payment of such Transfer Taxes or
filing any Returns and other documentation with respect to Transfer Taxes, Target will promptly inform Acquiror in writing and will not file any such Returns or documentation nor submit any payments with respect to Transfer Taxes without prior
approval of the Acquiror, which approval shall not be unreasonably withheld, conditioned or delayed. Provided these conditions are met, Acquiror shall, at least five business days before the date such payment is due, remit to Target the amount of
such Transfer Taxes. If required by Applicable Law, Acquiror or Target shall join in the execution of any such Returns and other documentation but in any case, under the exclusive control of Acquiror to the extent such Returns and other
documentation relate to Transfer Taxes. Target shall promptly inform Acquiror in writing of the commencement of any claim, audit, investigation, examination, or other proceeding or self-assessment relating in
whole or in part to Transfer Taxes (“Transfer Tax Contest”). Acquiror shall have the exclusive right to control, defend and settle any Transfer Tax Contests. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 48 

 6.12 Reserved. 

6.13 Financial Statement Deliverables. No later than three (3) business days prior to the Closing Date (the “Financial
Statements Deliverables Date”), Target shall deliver to Acquiror true, correct and complete copies of: (i) the Last Regularly Prepared Balance Sheet and (ii) the Last Regularly Prepared Annual Statement of Income and Expense. 

6.14 Certain Transitional Matters. From and after the Closing Date, Acquiror shall have complete control over the payment, settlement
or other disposition of, or any dispute involving any Assumed Liabilities, and Acquiror shall have the right to conduct and control all negotiations and proceedings with respect thereto. Target shall notify Acquiror promptly of any claim with
respect to any Assumed Liabilities and shall not, except with the prior written consent of Parent Acquiror, voluntarily make any payment of, or settle or offer to settle, or consent to any compromise with respect to, any such Assumed Liabilities.
Target shall cooperate with Acquiror in connection with any negotiations or proceedings involving any Assumed Liabilities. 
 6.15
Further Assurances. Target hereby agrees, without further consideration, to execute and deliver following the Closing such other instruments of transfer and take such other action as Acquiror or its counsel may reasonably request in order to
put Acquiror in possession of, and to vest in Acquiror, good, valid and unencumbered title to the Purchased Assets in accordance with this Agreement and to consummate the Acquisition. 

6.16 Reconciliation. Without limiting the generality of Section 6.15 hereof: 

(a) For six (6) months after the Closing Date, either Acquiror or Target may notify the other party of any Asset retained by Target
following the Closing Date that Purchaser or Target believes should have been transferred to Acquiror under this Agreement as a Purchased Asset. If the parties determine in good faith that such Asset was intended to be transferred to Acquiror as a
Purchased Asset under this Agreement, such Asset shall be assigned by Target to Acquiror or an Affiliate of Acquiror designated by Acquiror without any additional consideration, and Target agrees to use commercially reasonable efforts during such
period to promptly deliver any such Asset to Acquiror or such Affiliate, as applicable. 
 (b) For six (6) months after the Closing
Date, Target may notify Acquiror of any Excluded Asset transferred to Acquiror in connection with the transactions contemplated herein that Target believes should have been retained by Target under this Agreement as part of the Excluded Assets. If
the parties determine in good faith that such Excluded Asset was intended to be retained by Target as part of the Excluded Assets under this Agreement, such Excluded Asset shall be assigned by Acquiror to Target or an Affiliate of Target designated
by Target without any additional consideration, and Acquiror agrees to use commercially reasonable efforts during such period to promptly deliver any such Excluded Asset to Target or such Affiliate, as applicable. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 49 

 6.17 Non-Solicit. 

(a) Without the express prior written consent of Parent Acquiror, Target hereby agrees that neither Target nor any Target Subsidiary will at
any time during the three-year period from and immediately following the Closing Date, solicit or seek to employ any Identified Employee. Target acknowledges that the provisions of this Section 6.17(a)
are reasonable and necessary to protect the interests of Acquiror, that any violation of this Section 6.17(a) may result in an irreparable injury to Acquiror and that damages at Law may not be reasonable or adequate compensation to Acquiror for
violation of this Section 6.17(a) and that, in addition to any other available remedies, Acquiror shall be entitled to seek to have the provisions of this Section 6.17(a) specifically enforced by preliminary and permanent injunctive relief
without the necessity of proving actual damages or posting a bond or other security to an equitable accounting of all earnings, profits and other benefits arising out of any violation of this Section 6.17(a). Notwithstanding the foregoing,
neither Target nor any Target Subsidiary shall be prohibited from: (i) engaging in discussions with an Identified Employee where s/he has contacted Target or a Target Subsidiary in response to (A) any general advertisement, job posting or
similar notice; or (B) an unsolicited resume or request for information from an Identified Employee; or (ii) engaging any recruiting firm or similar organization to identify or solicit persons for employment on behalf of Target or a Target
Subsidiary, or soliciting the employment of any Identified Employee who is identified by any such recruiting firm or organization, as long as such recruiting firm or organization is not instructed to target any employees of Acquiror or an Affiliate
of Acquiror 
 (b) Without the express prior written consent of Target Holdings or Target Licensing Business Acquiror, Acquiror hereby
agrees that neither Acquiror nor any Affiliate of Acquiror will at any time during the three-year period from and immediately following the Closing Date, solicit or seek to employ any person who is an employee
of Target (collectively, “Covered Target Employees”); provided, however, that Covered Target Employees shall not include any individual who becomes an employee of Target on or after the closing date of a Target Licensing Business
Acquisition by a Target Licensing Business Acquiror in a transaction that is not a Permitted Target Restructuring Transaction. Acquiror acknowledges that the provisions of this Section 6.17(b) are reasonable and necessary to protect the
interests of Target and Target Licensing Business Acquiror, that any violation of this Section 6.17(b) may result in an irreparable injury to Target or Target Licensing Business Acquiror and that damages at Law may not be reasonable or adequate
compensation to Acquiror for violation of this Section 6.17(b) and that, in addition to any other available remedies, Target or Target Licensing Business Acquiror shall be entitled to seek to have the provisions of this Section 6.17(b)
specifically enforced by preliminary and permanent injunctive relief without the necessity of proving actual damages or posting a bond or other security to an equitable accounting of all earnings, profits and other benefits arising out of any
violation of this Section 6.17(b). Notwithstanding the foregoing, neither Acquiror nor any Affiliate of Acquiror shall be prohibited from (i) engaging in discussions with Covered Target Employees where s/he has contacted Acquiror or an
Affiliate of Acquiror in response to (A) any general advertisement, job posting or similar notice; or (B) an unsolicited resume or request for information from such Covered Target Employee; or (ii) engaging any recruiting firm or
similar organization to identify or solicit persons for employment on behalf of Acquiror or an Affiliate of Acquiror, or soliciting the employment of any such Covered Target Employee who is identified by any such recruiting firm or organization, as
long as such recruiting firm or organization is not instructed to target any employees of Target or a Person that acquires all or substantially all of the Target Licensing Future Business. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 50 

 6.18 Bulk Sales. Each of Acquiror and Target hereby waives compliance with the
provisions of any and all “bulk sales” or similar Applicable Laws, as such related to the sale and transfer of the Purchased Assets. 

6.19 Agreements Relating to Transfer of Purchased Assets. Without limiting the generality of Section 6.15:

 (a) Each party shall use its reasonable efforts, as reasonably requested by another party, to cooperate with the other parties in the
transfer of the Purchased Assets in such a manner as to reduce the applicable Taxes for which they are responsible under Section 6.11, including by delivering any embodiment of a Purchased Asset to Acquiror via remote telecommunication if such
delivery would be reasonably expected to reduce any such Taxes. At or promptly following the Closing, Target shall transfer electronically to Acquiror all of the Purchased Assets (including software) that can be transmitted to Acquiror
electronically (“Remotely Transferred Assets”) and shall not deliver any Remotely Transferred Assets to Acquiror on any tangible medium. Promptly following any electronic transmission, Target shall execute and deliver to Acquiror a
certificate in a form reasonably acceptable to Acquiror and containing at a minimum, the following information: (a) the date of transmission; (b) the time transmission was commenced and concluded; (c) the name of the individual who
made the transmission; (d) the signature of such individual; and (e) a general description of the nature of the items transmitted sufficient to distinguish the transmission from other transmissions. 

(b) Target hereby agrees, without further consideration, to execute and deliver following the Closing such other instruments of transfer and
take such other action as Acquiror or its counsel may reasonably request in order to put Acquiror in possession of, and to vest in Acquiror, good, valid and unencumbered title to the Purchased Assets in accordance with this Agreement and to
consummate the Acquisition. In addition to the foregoing, (i) Target shall execute and deliver, and shall cause its Affiliates and any subject patent inventors who remain employees of Target after the Closing to execute and deliver as
applicable, to Acquiror within three (3) Business Days following the Closing, assignments in substantially the forms agreed upon by each of Acquiror and Target at Closing and any other documentation as shall be reasonably requested and approved
by Acquiror, in order to transfer to Acquiror, and put Acquiror in possession of and to vest in Acquiror good, valid and unencumbered title to any Target Intellectual Property (other than Trademarks) in any jurisdiction to the extent an assignment
or other similar documentation with respect thereto and sufficient in Acquiror’s good faith determination to effect such transfer is not executed and delivered to Acquiror at Closing; and (ii) Target shall take, and shall cause its
Affiliates and any subject patent inventors who are employees of Target at the time of such request to take, such action as Acquiror or its counsel may reasonably request within twelve (12) months after the Closing to enable Acquiror to provide
for the continuing prosecution, maintenance and enforcement of any Target Intellectual Property; provided such action cannot be taken by Acquiror itself. Acquiror hereby agrees, without further consideration, to take such other action and execute
and deliver such other documents as Target or its legal counsel may reasonably request following the Closing in order to consummate the Acquisition in accordance with this Agreement. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 51 

 (c) Target shall immediately following the Closing (or such later period specified by
Acquiror in writing): (i) destroy and erase (1) all copies of the Target Source Code in Target’s possession or under Target’s control including the related developer notes and documentation (including the Target Source Code for the
Target Products known as “FlexNoc version 3.0” or “Gladiator”), other than Target Source Code and related developer notes and documentation for the Commercially Released Target Products (including the Development Environment and
FlexNoC Libraries (as defined in the License Agreement)), (2) all copies of the object/binary/executable version all Target Products other than the for the Commercially Released Target Products (including the object/binary/executable version
for the Target Products known as “FlexNoc version 3.0” or “Gladiator”), and (3) all Acquiror and Acquiror Affiliate specific modifications to the Target Products made by Target or its Affiliates (in both source code and
object/binary/executable form), including such modifications made to the FlexNoC Libraries (as defined in the License Agreement) and such modifications otherwise necessary for the Target Products to be compatible with the Acquiror’s or its
Affiliates’ products, in each case of (1), (2) and (3) above, including all backup copies, disaster recovery copies, and all electronic and non-electronic copies and (ii) certify in writing to
Acquiror that Target has complied with the obligations in this Section. The foregoing obligations under (a) and (b) above shall not apply to any source code provided to Target by Acquiror under the Transition Services Agreement. Pending the
destruction and erasure described in (1), (2) and (3) above, Target shall not disclose any portion of any of the items described in (1), and (2) and (3) above to any Person (other than Acquiror), including any Person that acquires Target
or any assets or business of Target, including by way of merger, sale of assets or otherwise. 
 (d) In connection with Target’s
delivery of the Purchased Assets to Acquiror, with the exception of Trade Secrets (i) owned by Target or (ii) licensed to Target under an Assigned Contract, Target shall remove from the Purchased Assets all Trade Secrets of any Person
(including Target’s customers) and Target shall not disclose, transfer, deliver, distribute or release to Acquiror any such Trade Secrets. 

(e) Notwithstanding anything in this Agreement to the Contrary, Seller may retain (i) a copy of the object/binary/executable version of
the Commercially Released Target Products, (ii) the related documentation, (iii) the Development Environment and Tool Chain Source Code for the Commercially Released Target Products, and (iv) the FlexNoC Libraries, in each case of
clauses “(i)” through “(iv)”, in accordance with the Transition Services Agreement. 
 6.20 RELEASE. 

(a) EFFECTIVE AS OF THE CLOSING, EACH OF ACQUIROR AND TARGET DOES FOR ITSELF, AND FOR ITS AFFILIATES, SUCCESSORS AND ASSIGNS AND FOR THEIR
RESPECTIVE PAST, PRESENT AND FUTURE EMPLOYEES, OFFICERS, MEMBERS, MANAGERS, LICENSEES, AGENTS, ADMINISTRATORS, INSURERS AND ATTORNEYS (EACH, A “ RELEASING PARTY”), RELEASE, ACQUIT 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 52 

 
AND ABSOLUTELY FOREVER DISCHARGE ACQUIROR AND TARGET, AS APPLICABLE, AND THEIR RESPECTIVE AFFILIATES, SUCCESSORS AND ASSIGNS AND THEIR RESPECTIVE PAST, PRESENT AND FUTURE EMPLOYEES, OFFICERS,
DIRECTORS, STOCKHOLDERS, LICENSEES, AGENTS, ADMINISTRATORS, INSURERS AND ATTORNEYS (EACH, A “ RELEASED PARTY”) FROM AND AGAINST, AND COVENANTS NOT TO SUE UPON, ALL RELEASED MATTERS. “ RELEASED MATTERS” MEANS ANY AND
ALL CLAIMS, SUITS, DEMANDS, DAMAGES, LOSSES, DEBTS, LIABILITIES, JUDGMENTS, OBLIGATIONS, COSTS, EXPENSES (INCLUDING ATTORNEYS’ AND ACCOUNTANTS’ FEES AND EXPENSES), ACTIONS AND CAUSES OF ACTION OF ANY NATURE WHATSOEVER (INCLUDING ANY CLAIMS
BASED ON OR RELATING TO PATENT INFRINGEMENT, COPYRIGHT INFRINGEMENT, TRADEMARK, SERVICEMARK OR TRADE DRESS INFRINGEMENT, MISAPPROPRIATION OF TRADE SECRETS, INVENTORSHIP RIGHTS, OWNERSHIP OF INVENTIONS, PATENT APPLICATIONS, PATENTS OR COPYRIGHTS,
BREACH OF CONTRACT, BREACH OF THE COVENANT OF GOOD FAITH AND FAIR DEALING, MISAPPROPRIATION OF CONFIDENTIAL INFORMATION OR ANY OTHER NONDISCLOSURE OBLIGATION THAT MAY EXIST BETWEEN THE PARTIES PRIOR TO THE EFFECTIVE DATE OF THIS AGREEMENT), WHETHER
NOW KNOWN OR UNKNOWN, SUSPECTED OR UNSUSPECTED, THAT THE RELEASING PARTIES NOW HAVE, OR AT ANY TIME PREVIOUSLY HAD, OR SHALL OR MAY HAVE IN THE FUTURE, IN WHATEVER CAPACITY, AGAINST THE RELEASED PARTIES, (1) ARISING, ACCRUING, OR THAT COULD
HAVE ACCRUED ON OR BEFORE THE CLOSING DATE OR (2) ARISING, ACCRUING, OR THAT COULD HAVE ACCRUED FROM OR IN CONNECTION WITH ANY ASSET OWNED BY OR LICENSED TO ACQUIROR OR TARGET, AS APLICABLE, PRIOR TO OR AS OF THE CLOSING DATE; PROVIDED
THAT (I) FOR FURTHER CLARITY, RELEASED MATTERS DOES NOT INCLUDE EITHER ACQUIROR OR TARGET’S RIGHTS OR OBLIGATIONS UNDER THIS AGREEMENT OR ANY CONTRACT ENTERED INTO IN CONNECTION WITH THE ACQUISITION, (II) RELEASED MATTERS SHALL NOT
PREVENT ANY PERSON FROM ENFORCING ANY RIGHT EXPRESSLY CONTAINED IN THIS AGREEMENT AND (III) RELEASED MATTERS SHALL NOT INCLUDE ANY MATTER RELATED TO A BREACH OR THREATENED BREACH BY TARGET OR ITS AFFILIATES OR THEIR RESPECTIVE SUCCESSORS OR
ASSIGNS OF ANY CONFIDENTIALITY OR NON-DISCLOSURE OBLIGATION OWED TO ACQUIROR OR ANY OF ITS AFFILIATES. IT IS THE INTENTION OF ACQUIROR AND TARGET IN EXECUTING THIS AGREEMENT, AND IN GIVING AND RECEIVING
THE CONSIDERATION CALLED FOR HEREIN, THAT THE RELEASE CONTAINED IN THIS SECTION 6.20 SHALL BE EFFECTIVE AS A FULL AND FINAL ACCORD AND SATISFACTION AND GENERAL RELEASE OF AND FROM ALL RELEASED MATTERS AND THE FINAL RESOLUTION BY THE RELEASING
PARTIES AND THE RELEASED PARTIES OF ALL RELEASED MATTERS. 
 (b) EACH OF ACQUIROR AND TARGET, FOR ITSELF AND ON BEHALF OF THE OTHER
RELEASING PARTIES, ACKNOWLEDGES THAT IT HAS CONSULTED WITH LEGAL COUNSEL AND SHALL BE DEEMED TO HAVE WAIVED, AND SHALL HAVE EXPRESSLY, KNOWINGLY AND INTENTIONALLY WAIVED AND RELINQUISHED, TO THE FULLEST EXTENT PERMITTED BY LAW, THE PROVISIONS,
RIGHTS AND BENEFITS OF SECTION 1542 OF THE CALIFORNIA CIVIL CODE, WHICH PROVIDES THAT: 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 53 

 A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO
EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR. 

EACH OF ACQUIROR AND TARGET, FOR ITSELF AND ON BEHALF OF THE OTHER RELEASING PARTIES, ALSO SHALL BE DEEMED TO HAVE WAIVED, AND SHALL HAVE WAIVED AND
RELINQUISHED, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY AND ALL PROVISIONS, RIGHTS AND BENEFITS CONFERRED BY ANY LAW OF ANY STATE OR TERRITORY OF THE UNITED STATES OR ANY FOREIGN JURISDICTION, OR PRINCIPLE OF COMMON LAW, WHICH IS SIMILAR,
COMPARABLE OR EQUIVALENT TO SECTION 1542 OF THE CALIFORNIA CIVIL CODE. EACH OF ACQUIROR AND TARGET, FOR ITSELF AND ON BEHALF OF THE OTHER RELEASING PARTIES, FURTHER AGREES AND ACKNOWLEDGES THAT EACH MAY HEREAFTER DISCOVER FACTS IN ADDITION TO OR
DIFFERENT FROM THOSE WHICH ARE KNOWN OR BELIEVED TO BE TRUE WITH RESPECT TO THE SUBJECT MATTER OF THIS RELEASE, BUT THAT EACH SEPARATELY INTENDS TO, AND DOES, HEREBY FULLY, FINALLY AND FOREVER SETTLE AND RELEASE ANY AND ALL CLAIMS AS DESCRIBED
ABOVE, KNOWN OR UNKNOWN, SUSPECTED OR UNSUSPECTED, WHICH NOW EXIST, OR HERETOFORE EXISTED, OR MAY HEREAFTER EXIST, AND WITHOUT REGARD TO THE SUBSEQUENT DISCOVERY OR EXISTENCE OF SUCH ADDITIONAL OR DIFFERENT FACTS. 

(c) EACH OF ACQUIROR AND TARGET HEREBY REPRESENTS TO THE OTHER PARTY THAT NONE OF THE RELEASING PARTIES HAVE VOLUNTARILY OR INVOLUNTARILY
ASSIGNED OR TRANSFERRED OR PURPORTED TO ASSIGN OR TRANSFER, AND COVENANTS THAT IT WILL NOT VOLUNTARILY OR INVOLUNTARILY ASSIGN OR TRANSFER OR PURPORT TO ASSIGN OR TRANSFER, TO ANY PERSON ANY RELEASED MATTERS AND THAT NO PERSON OTHER THAN ACQUIROR OR
TARGET, AS APPLICABLE, HAS ANY INTEREST IN ANY RELEASED MATTER BY LAW OR CONTRACT. 
 (d) THE INVALIDITY OR UNENFORCEABILITY OF ANY PART OF
THIS SECTION 6.20 SHALL NOT AFFECT THE VALIDITY OR ENFORCEABILITY OF THE REMAINDER OF THIS SECTION 6.20, WHICH SHALL REMAIN IN FULL FORCE AND EFFECT. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 54 

 6.21 Termination of Intra-Company IP
Agreements. Target Holdings, Target USA Sub and Target France Sub hereby terminate as of the Closing all licenses and rights granted by and between any of them in any Intra-Company IP Agreement whether or
not such Intra-Company IP Agreement is disclosed to Acquiror as required by this Agreement. 
 6.22
Confidentiality. The parties acknowledge that Acquiror (or one of its Affiliates) and Target Holdings (or a Target Subsidiary) have previously executed a Mutual Non-Disclosure Agreement dated
May 12, 2008 (as amended, the “Confidentiality Agreement”), which Confidentiality Agreement is hereby incorporated herein by reference and shall continue in full force and effect in accordance with its terms, as if such
Confidentiality Agreement were entered into directly by each of the parties hereto; provided, however that Section 14 of the Confidentiality Agreement shall be of no further force or effect from and after the
Closing Date. All obligations of Acquiror under the Confidentiality Agreement with respect to the Purchased Assets and Assumed Liabilities shall terminate simultaneously with the Closing. Target shall, and shall cause its officers, directors,
employees, consultants, advisors and Representatives to treat after the date hereof as strictly confidential (unless compelled to disclose by judicial or administrative process) all nonpublic, confidential or proprietary information included in the
Purchased Assets (the “Acquiror Covered Information”), and Target shall not, and shall cause its officers, directors, employees consultants, advisors and Representatives not to, after the date hereof, use the Acquiror Covered
Information for any purpose whatsoever, including without limitation to the detriment of Acquiror or disclose the Acquiror Covered Information to any Person, except (i) as expressly set forth herein; (ii) as expressly permitted by the
License Agreement, Retained Rights and/or Transition Services Agreement; or (iii) where such Acquiror Covered Information has become generally known to the public without breach by Target of this Section 6.22, the
Confidentiality Agreement or any other agreement between Target and Acquiror addressing the use or disclosure of confidential or proprietary information. In addition, Target is permitted to disclose Acquiror Covered Information in response to a
valid court order of a court of competent jurisdiction or other governmental body in the United States or any political subdivision thereof, but only to the extent of and for the purposes of such order; provided,
however, that if Target receives an order or request to disclose any Acquiror Covered Information by a court of competent jurisdiction or a governmental body, then Target shall: (w) if not prohibited by the request or order,
immediately inform Parent Acquiror in writing of the existence, terms, and circumstances surrounding the request or order; (x) consult with Parent Acquiror on what steps should be taken to avoid or restrict the disclosure of such Acquiror
Covered Information; (y) give Parent Acquiror the chance to defend, limit or protect against the disclosure; and (z) if disclosure of Acquiror Covered Information is lawfully required, to supply only that portion of the Acquiror Covered
Information which is legally necessary and use reasonable best efforts obtain confidential treatment for any Acquiror Covered Information required to be disclosed. Acquiror shall, and shall cause its officers, directors, employees, consultants,
advisors and Representatives to treat after the date hereof as strictly confidential (unless compelled to disclose by judicial or administrative process) all nonpublic, confidential or proprietary information included in the Excluded Assets (the
“Target Covered Information”), and Acquiror shall not, and shall cause its officers, directors, employees consultants, advisors and Representatives not to, after the date hereof, use the Target Covered Information for any purpose
whatsoever, including without limitation to the detriment of Target or disclose the Target Covered Information to any Person, except (i) as expressly set forth herein; (ii) as expressly permitted by the License Agreement, Retained Rights
and/or Transition Services Agreement; or (iii) where such Target Covered 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 55 

 
Information has become generally known to the public without breach by Acquiror of this Section 6.22, the Confidentiality Agreement or any other agreement between Target
and Acquiror addressing the use or disclosure of confidential or proprietary information. In addition, Acquiror is permitted to disclose Target Covered Information in response to a valid court order of a court of competent jurisdiction or other
governmental body in the United States or any political subdivision thereof, but only to the extent of and for the purposes of such order; provided, however, that if Acquiror receives an order or request to
disclose any Target Covered Information by a court of competent jurisdiction or a governmental body, then Acquiror shall: (w) if not prohibited by the request or order, immediately inform Target in writing of the existence, terms, and
circumstances surrounding the request or order; (x) consult with Target on what steps should be taken to avoid or restrict the disclosure of such Target Covered Information; (y) give Target the chance to defend, limit or protect against
the disclosure; and (z) if disclosure of Target Covered Information is lawfully required, to supply only that portion of the Target Covered Information which is legally necessary and use reasonable best efforts obtain confidential treatment for
any Target Covered Information required to be disclosed. Each of the parties acknowledges that the provisions of this Section 6.22 are reasonable and necessary to protect the respective interests of the parties, that any
violation of this Section 6.22 may result in an irreparable injury and that damages at Law may not be reasonable or adequate compensation for violation of this Section 6.22 and that, in addition to
any other available remedies, Acquiror or Target shall be entitled to seek to have the provisions of this Section 6.22 specifically enforced by preliminary and permanent injunctive relief without the necessity of proving
actual damages or posting a bond or other security to an equitable accounting of all earnings, profits and other benefits arising out of any violation of this Section 6.22. Notwithstanding anything to the contrary, Target
has not, prior to the Closing, delivered or provided to Acquiror any Customer Code (as defined in the Transition Services Agreement) or any Customer Information (as defined in the Transition Services Agreement) other than such Customer Information
that was included in the due diligence materials provided by Target to Acquiror for Acquiror to conduct due diligence in connection with the transaction contemplated by this Agreement and, for the avoidance of doubt, such other Customer Information
shall be Target Covered Information. 
 7. Conditions to Closing. 

7.1 Conditions to Obligations of Each Party to Effect the Closing. The respective obligations of each party to this Agreement to
consummate and effect this Agreement and the transactions contemplated hereby shall be subject to the satisfaction on or prior to the Closing Date of each of the following conditions, any of which may be waived, in writing, by agreement of all the
parties hereto: 
 (a) Stockholder Approval. This Agreement and the Acquisition shall be approved by the Stockholders by the
requisite vote under Delaware Law, other Applicable Law and the Restated Certificate. 
 (b) No Injunctions or Restraints;
Illegality. No temporary restraining order, preliminary or permanent injunction or other order issued by any court of competent jurisdiction or other legal or regulatory restraint or prohibition preventing the consummation of the Acquisition
shall be and remain in effect, nor shall any proceeding brought by any Governmental Entity, seeking any of the foregoing be pending, nor shall there be any statute, rule, regulation or order enacted, entered, enforced or deemed applicable to the
Acquisition, which makes the consummation of the Acquisition illegal. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 56 

 7.2 Additional Conditions to the Obligations of Acquiror. The obligations of Acquiror
to consummate and effect this Agreement and the transactions contemplated hereby shall be subject to the satisfaction on or prior to the Closing Date of each of the following conditions, any of which may be waived, in writing, by Acquiror: 

(a) Representations, Warranties and Covenants. The representations and warranties of Target in this Agreement shall be true and
correct in all material respects, without regard to any qualification as to materiality contained in such representation or warranty, on and as of the date of this Agreement and on and as of the Closing as though such representations and warranties
were made on and as of such time (except for such representations and warranties that speak specifically as of the date hereof or as of another date, which shall be true and correct as of such date). 

(b) Performance of Obligations. Target shall have performed and complied in all material respects with all covenants, agreements,
obligations and conditions of this Agreement required to be performed and complied with by it as of the Closing. 
 (c) Certificate of
Officer. Acquiror shall have received a certificate executed on behalf of Target by Target’s Chief Executive certifying that the conditions set forth in Sections 7.2(a), 7.2(b) and 7.2(i) have been
satisfied (the “Target Closing Certificate”). 
 (d) Secretary’s Certificate. Acquiror shall have received
from Target Holding’s Secretary, a certificate having attached thereto (i) the Restated Certificate as in effect immediately prior to the Closing, (ii) the Bylaws as in effect immediately prior to the Closing, (iii) the
Organizational Documents of each Target Subsidiary, (iv) resolutions approved by Target Holding’s and each Target Subsidiary’s Board of Directors authorizing the transactions contemplated hereby, (v) the Executed Written Consent,
and (vi) certificates of good standing issued by the Delaware Secretary of State and for each other state where Target Holdings or any Target Subsidiary resident of the United States is qualified to do business, in each case dated as of a date
no more than two (2) business days prior to the Closing Date. 
 (e) Third Party Consents. All Required Contract Consents set
forth on Schedule 7.2(e) shall have been obtained and shall be in full force and effect, and a copy of each such consent or approval shall have been provided to Acquiror at or prior to the Closing. 

(f) No Governmental Litigation. There shall not be pending or specifically and overtly threatened any Legal Proceeding in which a
Governmental Entity is or in which a Governmental Entity specifically and overtly threatens to become a party, and neither Acquiror nor Target shall have received any communication from any Governmental Entity in which such Governmental Entity
specifically and overtly indicates the probability of commencing any Legal Proceeding: (i) challenging or seeking to restrain or prohibit the consummation of the 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 57 

 
Acquisition; (ii) relating to the Acquisition and seeking to obtain from Acquiror or any of its Subsidiaries, or from Target, any damages or other relief that would be material to Acquiror;
(iii) seeking to prohibit or limit in any material respect Acquiror’s ability to vote, receive dividends with respect to or otherwise exercise ownership rights with respect to the stock of Target; or (iv) that would materially and
adversely affect the right of Acquiror or Target to own the assets or operate the business of Target. 
 (g) Governmental Approval.
Acquiror and Target shall have obtained from each Governmental Entity all approvals, waivers and consents, necessary for consummation of or in connection with the Acquisition and the transactions contemplated hereby, including such approvals,
waivers and consents as may be required under the Securities Act, under state blue sky laws and under any foreign or supranational antitrust laws, other than filings and approvals relating to the Acquisition or affecting Acquiror’s ownership of
Target or any of its properties if failure to obtain such approval, waiver or consent would not reasonably be expected to have a Material Adverse Effect on Acquiror after the Closing. 

(h) Reserved. 
 (i)
No Material Adverse Change. There shall not have occurred any event, change or effect that has had or would reasonably be expected to have a Material Adverse Effect on Target. 

(j) Opinion. Cooley LLP, counsel for Target, shall have delivered to Acquiror an opinion, dated as of the Closing Date, in
substantially the form attached hereto as Exhibit E. 
 (k) Bills of Sale. Target shall have executed a
bill of sale with respect to the portion of the Purchased Assets sold, conveyed, transferred, assigned and delivered by Target Holdings and Target USA Sub to Acquiror, substantially in the form attached hereto as
Exhibit F-1 (the “USA Bill of Sale”) and bills of sale with respect to the portion of the Purchased Assets sold, conveyed, transferred, assigned and delivered
by Target France Sub to Acquiror, substantially in the forms attached hereto as Exhibit F-2 (the “France Bills of Sale”). 

(l) Assignment and Assumption Agreement. Target shall have executed and delivered the Assignment and Assumption Agreement. 

(m) Patent and Copyright Assignments. Target shall have executed and delivered patent assignments substantially in the form attached
hereto as Exhibit G and copyright assignments substantially in the form attached hereto as Exhibit H for filing with the U.S. Patent and Trademark Office, U.S. Copyright Office and any other
applicable Governmental Entity to record the assignment of Target’s Patents and registered Copyrights to Acquiror. 
 (n) Escrow
Agreement. Target shall have executed and delivered the Escrow Agreement. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 58 

 (o) FIRPTA Documents. Target Holdings and Target USA Sub shall each have delivered
to Acquiror a statement (in such form as may be reasonably requested by counsel to Acquiror) conforming to the requirements of Section 1.1445-2(b)(2) of the United States Treasury Regulations. 

(p) License Agreement. Target shall have executed and delivered the License Agreement substantially in the form attached hereto as
Exhibit I (the “License Agreement”). 
 (q) Transition Services Agreement. Target shall
have executed and delivered the Transition Services Agreement substantially in the form attached hereto as Exhibit J (the “Transition Services Agreement”). 

(r) [****] Agreement. Target shall have executed and delivered the [****] Agreement substantially in the form attached hereto as
Exhibit K (the “[****] Agreement”). 
 (s) Acquiror Customer Contract Termination. Target
shall have executed and delivered the Acquiror Customer Contract Termination substantially in the form attached hereto as Exhibit L (the “Acquiror Customer Contract Termination”). 

(t) Employees. As of the Closing, (i) at least eighty percent (80%) of the Identified Employees identified as “Key
Employees” on Schedule 6.7(b) and (ii) at least ninety percent (90%) of the remaining Identified Employees, excluding in each case [****] and [****], shall have executed and delivered to Acquiror an offer letter
or contract for employment (as determined by Acquiror in its sole discretion) and a proprietary rights and inventions agreement with Acquiror or one of its Subsidiaries (as determined by Acquiror in its sole discretion) each in form and substance
acceptable to Acquiror (collectively, the “Hired Employees”). 
 (u) Reserved. 

(v) Release of Encumbrances. Acquiror shall have received evidence reasonably satisfactory to Acquiror that any and all Encumbrances
on any of the Purchased Assets have been released and terminated. 
 (w) Open Source Removal. Acquiror shall have received evidence
reasonably satisfactory to Acquiror of Target’s removal of all Identified Public Software from all Target Products. 
 (x) HSR.
Either: (i) Acquiror shall have received (A) the Last Regularly Prepared Balance Sheet and such Last Regularly Prepared Balance Sheet shall show that the total assets of Target are less than [****], and (B) the Last Regularly Prepared
Annual Statement of Income and Expense and such Last Regularly Prepared Annual Statement of Income and Expense shall show that the total worldwide annual net sales of Target are below [****]; and (C) Acquiror shall have determined, in good
faith, that the Fair Market Value of the Purchased Assets does not exceed [****] within 60 days prior to closing; or (ii) all waiting periods (and any extensions thereof) applicable under HSR or any foreign or supranational equivalents in
connection with the Acquisition shall have expired or been terminated and any equivalent pre-clearance period or approval required by the Governmental Entities of any applicable jurisdiction shall have been
likewise completed or obtained. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 59 

 (y) Termination of Intra-Company
Agreements. Acquiror shall have received evidence reasonably satisfactory to Acquiror of the termination of each of the Intra-Company IP Agreements. 

(z) Target Source Code. Target shall have, to the reasonable satisfaction of Acquiror, (i) purged and removed from any and all
Target Source Code included in the Purchased Assets all Trade Secrets of any third party, (ii) completed a comprehensive scan of all such Target Source Code by Black Duck Software to confirm and verify that all such third party Trade Secrets
have been purged and removed from the Target Source Code, and (iii) delivered to Acquiror such documentation and evidence confirming (i) and (ii) above, including the nature of the scan of the Target Source Code done by and the results of
such scan. 
 7.3 Additional Conditions to Obligations of Target. The obligations of Target to consummate and effect this Agreement
and the transactions contemplated hereby shall be subject to the satisfaction at or prior to the Closing of each of the following conditions, any of which may be waived, in writing, by Target: 

(a) Representations, Warranties and Covenants. The representations and warranties of Acquiror in this Agreement shall be true and
correct in all material respects without regard to any qualification as to materiality contained in such representation or warranty on and as of the date of this Agreement and on and as of the Closing Date as though such representations and
warranties were made on and as of such time (except for such representations and warranties that speak specifically as of the date hereof or as of another date, which shall be true and correct as of such date). 

(b) Performance of Obligations. Acquiror shall have performed and complied in all material respects with all covenants, obligations
and conditions of this Agreement required to be performed and complied with by them as of the Closing. 
 (c) Certificate of
Officer. Target shall have received a certificate executed on behalf of Acquiror by an executive officer of Acquiror, respectively, certifying that the conditions set forth in Sections 7.3(a) and 7.3(b) have been satisfied (the
“Acquiror Closing Certificate”). 
 (d) Assignment and Assumption Agreement. Acquiror shall have executed and
delivered the Assignment and Assumption Agreement; 
 (e) Escrow Agreement. Acquiror and the Escrow Agent shall have executed and
delivered the Escrow Agreement. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 60 

 (f) License Agreement. Acquiror shall have executed and delivered the License
Agreement. 
 (g) Transition Services Agreement. Acquiror shall have executed and delivered the Transition Services Agreement. 

(h) [****] Agreement. Acquiror shall have executed and delivered the [****] Agreement. 

(i) Acquiror Customer Contract Termination. Acquiror shall have executed and delivered the Acquiror Customer Contract Termination.

 (j) Bills of Sale. Acquiror shall have executed and delivered the USA Bill of Sale and the France Bills of Sale. 

8. Termination, Amendment and Waiver. 

8.1 Termination. This Agreement may be terminated at any time prior to the Closing (with respect to
Section 8.1(b) through Section 8.1(f), by written notice by the terminating party to the other party): 

(a) by the mutual written consent of Parent Acquiror and Target Holdings; 

(b) by either Acquiror or Target if the Closing shall not have occurred before 4:59 PM, Wilmington, Delaware time on October 15, 2013
(the “End Date”). 
 (c) by either Acquiror or Target if a court of competent jurisdiction or other Governmental Entity
shall have issued a nonappealable final order, decree or ruling or taken any other action, in each case having the effect of permanently restraining, enjoining or otherwise prohibiting the Acquisition, unless the party seeking to terminate this
Agreement pursuant to this Section 8.1(c) has not complied in all material respects with its obligations under this Agreement; 

(d) by Acquiror or Target, if there has been a breach of any representation, warranty, covenant or agreement on the part of the other party
set forth in this Agreement, which breach (i) causes the conditions set forth in Section 7.2(a) or 7.2(b) (in the case of termination by Acquiror) or Section 7.3(a) or 7.3(b) (in
the case of termination by Target) not to be satisfied and (ii) shall not have been cured within ten (10) business days following receipt by the breaching party of written notice of such breach from the other party; 

(e) by Acquiror, if there shall have occurred any event, change or effect that has had or would reasonably be expected to have a Material
Adverse Effect on Target; or 
 (f) by Acquiror, if the execution of the Executed Written Consent by each Required Stockholder shall not
have been obtained within twenty four (24) hours following the execution and delivery of this Agreement. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 61 

 8.2 Effect of Termination. In the event of termination of this Agreement as provided
in Section 8.1, there shall be no liability or obligation on the part of Acquiror or Target or their respective officers, directors, or stockholders, except to the extent that such termination results from the willful
breach by a party of any of its representations, warranties or covenants set forth in this Agreement; provided, however, that the provisions of Sections 6.4, 6.8 and 10 shall remain in full force and effect and survive any termination of this
Agreement. 
 8.3 Amendment. Subject to the provisions of Applicable Law, prior to the Closing, the parties hereto may amend this
Agreement only by authorized action at any time before or after the adoption of this Agreement by the Stockholders pursuant to an instrument in writing signed on behalf of each of the parties hereto (provided that after such adoption of this
Agreement by the Stockholders, no amendment shall be made which by law requires further approval by the Stockholders without such further Stockholder approval). To the extent permitted by Applicable Law, from and after the Closing, Acquiror and
Target Holdings may cause this Agreement to be amended only by execution of an instrument in writing signed on behalf of Acquiror and Target Holdings. 

8.4 Extension; Waiver. The parties hereto, by action taken or duly authorized by all requisite corporate action, may, to the extent
legally allowed: (a) extend the time for the performance of any of the obligations or other acts of the other parties hereto; (b) waive any inaccuracies in the representations and warranties contained herein or in any document delivered
pursuant hereto; and (c) waive compliance with any of the agreements or conditions contained herein. Any agreement on the part of a party hereto to any such extension or waiver shall be valid only if set forth in a written instrument signed on
behalf of such party. 
 9. Indemnification. 

9.1 Indemnification by Target and Acquiror. 

(a) Indemnification by Target. Subject to the limitations set forth in this Section 9, from and after the
Closing, each of Target Holdings, Target USA Sub and Target France Sub shall, jointly and severally, indemnify and hold harmless Acquiror and its officers, directors, agents, Affiliates, attorneys, representatives and employees, and each Person, if
any, who controls or may control Acquiror within the meaning of the Securities Act (individually an “Acquiror Indemnified Person” and collectively the “Acquiror Indemnified Persons”) from and against any and all
losses, costs, damages, fees, liabilities, costs of investigation, Taxes and reasonable expenses, including reasonable costs and expenses arising from claims, demands, actions, causes of action and settlements, including reasonable fees and expenses
of lawyers, experts and other professionals but, in each case, excluding (except to the extent actually paid or awarded in respect of a third-party claim) any exemplary, punitive or special damages
(collectively, “Damages”), resulting from or arising out of: 
 (i) any misrepresentation or breach of any of the
representations and warranties given or made by Target in this Agreement (as modified by the Target Disclosure Schedule) as of the date hereof and at and as of Closing (except in the case of representations and warranties which by their terms speak
only as of a specific date or dates, which representations and warranties shall be true and correct as of such date or dates) or the Target Closing Certificate; 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 62 

 (ii) any breach of any covenant or agreement made by Target in this Agreement; 

(iii) any Retained Liabilities, or the ownership or operation of any Excluded Assets; 

(iv) any Liability arising out of the ownership or operation of the Purchased Assets or Target’s businesses, in each case prior to the
Closing and other than the Assumed Liabilities; 
 (v) any France Employee Liabilities; and 

(vi) the matters set forth on Schedule 9.1(a)(vi). 

Notwithstanding anything in this Agreement to the contrary, solely for the purposes of the determination of the amount of Damages pursuant to
Section 9.1(a), the representations and warranties of Target in this Agreement, the Target Closing Certificate or the Target Disclosure Schedule that are qualified by materiality or Material Adverse Effect shall be
deemed to be made without such materiality or Material Adverse Effect qualifiers. 
 (b) Indemnification by Acquiror. Subject to the
limitations set forth in this Section 9, from and after the Closing, Acquiror shall indemnify and hold harmless Target and its officers, directors, agents, Affiliates, attorneys, representatives and employees, any
liquidating trust established by Target Holdings, and each Person, if any, who controls or may control Target within the meaning of the Securities Act (individually an “Target Indemnified Person” and collectively the “Target
Indemnified Persons”) from and against any and all Damages, resulting from or arising out of: 
 (i) any misrepresentation or
breach of any of the representations and warranties given or made by Acquiror in this Agreement as of the date hereof and at and as of Closing (except in the case of representations and warranties which by their terms speak only as of a specific
date or dates, which representations and warranties shall be true and correct as of such date or dates) or the Acquiror Closing Certificate; 

(ii) any breach of any covenant or agreement made by Acquiror in this Agreement; 

(iii) any Assumed Liabilities; and 

(iv) any Liability arising out of the ownership of the Purchased Assets or operation of the Target Acquired Business, in each case after the
Closing. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 63 

 Notwithstanding anything in this Agreement to the contrary, solely for the purposes of the determination of
the amount of Damages pursuant to Section 9.1(b), the representations and warranties of Acquiror in this Agreement or the Acquiror Closing Certificate or the Target Disclosure Schedule that are qualified by materiality
shall be deemed to be made without such materiality qualifiers. 
 (c) Survival of Representations and Warranties. 

(i) Representations and Warranties Made by Target. All representations and warranties made by Target in this Agreement or in the
Target Closing Certificate and any claims relating to the matters referred to in item 1(b) of Schedule 9.1(a)(vi), shall survive the execution and delivery of this Agreement and the Closing and shall survive until the
Escrow Termination Date; provided, however, that any claims for indemnification (i) arising with respect to Target’s representations set forth in Sections 3.1 (Organization, Good Standing and Power;
Subsidiaries), 3.2 (Authority), and 3.16 (Taxes) (the “Fundamental Representations”) or involving fraud, willful breach or intentional misrepresentation shall survive (A) until the expiration of the statute of
limitations applicable to such claims (and thereafter until resolved if a claim in respect thereof has been made prior to such date) with respect to such matters, or (B) indefinitely if no statute of limitations apply, and (ii) arising
with respect to Target’s representations set forth in Section 3.8 (Intellectual Property) (the “IP Representations”) shall survive until the date that is two (2) years after the Closing Date;
provided, however, that any claims set forth in any Officer’s Certificate which any Acquiror Indemnified Person shall have delivered to Target France Sub prior to the termination of such survival period shall survive until the
resolution of each such claim. All covenants and agreements of Target survive indefinitely unless otherwise specified in their terms. 

(ii) Representations and Warranties Made by Acquiror. All representations and warranties made by Acquiror in this Agreement or in the
Acquiror Closing Certificate, shall survive the execution and delivery of this Agreement and the Closing and shall survive until the Escrow Termination Date; provided, however, that any claims for indemnification (i) arising with
respect to Acquiror’s representations set forth in Sections 4.1 (Organization, Good Standing and Power), and 4.2 (Authority) (the “Acquiror Fundamental Representations”) or involving fraud,
willful breach or intentional misrepresentation shall survive (A) until the expiration of the statute of limitations applicable to such claims (and thereafter until resolved if a claim in respect thereof has been made prior to such date) with
respect to such matters, or (B) indefinitely if no statute of limitations apply; provided, however, that any claims set forth in any Officer’s Certificate which any Target Indemnified Person shall have delivered to Acquiror
prior to the termination of such survival period shall survive until the resolution of each such claim. All covenants and agreements of Acquiror survive indefinitely unless otherwise specified in their terms. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 64 

 (d) Threshold for Claims. No claim for Damages shall be made under
Section 9.1(a)(i) or under Section 9.1(b)(i) unless the aggregate of Damages exceeds [****] for which claims are made hereunder by the Acquiror Indemnified Persons or the Target Indemnified
Persons, as applicable (the “Limitation”), in which case the Acquiror Indemnified Persons or the Target Indemnified Persons, as the case may be, shall be entitled to seek compensation for all Damages, including the amount of the
Limitation; provided, however, that the Limitation shall not apply with respect to any Damages arising from, or directly or indirectly related to, any claims for indemnification involving the Fundamental Representations, the IP
Representations, the Acquiror Fundamental Representations, fraud, willful breach or intentional misrepresentation. 
 (e) Cap on
Indemnification by Target. 
 (i) Except as set forth in subsections (ii) and (iii) below, recourse by the Acquiror
Indemnified Persons to the Escrow Fund shall be the Acquiror Indemnified Persons’ sole and exclusive remedy under this Agreement for Damages resulting from the matters referred to in Section 9.1(a)(i) and item 1(b) of
Schedule 9.1(a)(vi). 
 (ii) After the Escrow Termination Date, recovery by the Acquiror Indemnified Persons with
respect to any breach of the IP Representations shall be limited to the aggregate amount released to Target from the Escrow Fund. 
 (iii)
The limitations set forth in Sections 9.1(e)(i) and 9.1(e)(ii) shall not apply to any Damages with respect to any claims for indemnification involving the Fundamental Representations, fraud, willful breach or
intentional misrepresentation. 
 (iv) All claims for Damages under Section 9.1(a) shall be satisfied
(A) first, from the Escrow Fund until the Escrow Fund is either exhausted or released in accordance with the terms hereof and the Escrow Agreement and (B) thereafter, directly by Target, but in no event shall Target be responsible for
Damages under Section 9.1(a) in excess of the Purchase Price, except for Damages that are a result of Target’s fraud. 

(f) Cap on Indemnification by Acquiror. 

(i) Except as set forth in subsections (ii) and (iii) below, recourse by the Target Indemnified Persons shall be limited to an
amount equal to [****] (the “Acquiror Indemnity Cap”) and shall be the Target Indemnified Persons’ sole and exclusive remedy under this Agreement for Damages resulting from the matters referred to in
Section 9.1(b)(i). 
 (ii) The limitations set forth in Sections 9.1(f)(i) shall not
apply to any Damages with respect to any claims for indemnification involving the Acquiror Fundamental Representations, fraud, willful breach or intentional misrepresentation or to Transfer Taxes. 

(iii) All claims for Damages under Section 9.1(b)(i) shall be capped at the Acquiror Indemnity Cap except for any
claims for indemnification involving the Acquiror Fundamental Representations, willful breach or intentional misrepresentation which shall be capped at an amount equal to the Purchase Price, except for Damages that are a result of Acquiror’s
fraud. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 65 

 (g) Special Litigation. Notwithstanding the foregoing, Target shall not be obligated
indemnify the Acquiror Indemnified Persons with respect to Damages arising solely with respect to the litigation matter described on Schedule 9.1(g) (the “[****]”). 

9.2 Indemnification Claims. 

(a) Upon receipt by a party from whom indemnification is being sought pursuant to Section 9.1 (an
“Indemnifying Person”) on or before the Escrow Termination Date of a certificate signed by any officer (an “Officer’s Certificate”) of an Acquiror Indemnified Person or a Target Indemnified Person (an
“Indemnified Person”) stating that Damages exist with respect to the indemnification obligations of set forth in Section 9.1, and specifying in reasonable detail the individual items of such Damages
included in the amount so stated, the date each such item was paid, or properly accrued or arose, and the nature of the misrepresentation, breach of warranty, covenant or claim to which such item is related, (i) in the case of Damages suffered
by an Acquiror Indemnified Person, Acquiror shall, subject to the provisions of this Section 9, be entitled to receive from the Escrow Fund a portion of such Escrow Fund having a value equal to such Damages and (ii) in
the case of Damages suffered by a Target Indemnified Person, Target France Sub shall, subject to the provisions of this Section 9, be entitled to receive an amount in cash equal to such Damages. 

(b) The Indemnifying Person shall have a period of thirty (30) days from and after delivery of any Officer’s Certificate to deliver
to the Indemnified Person a response, in which the Indemnifying Person shall: (i) agree that the Indemnified Person is entitled to receive all of the requested Damages (in which case, if the Indemnified Person is an Acquired Indemnified Person,
the response shall be accompanied by written notice executed by Target France Sub instructing the Escrow Agent to disburse the requested Damages to Acquiror) or (ii) dispute that the Indemnified Person is entitled to receive the requested
Damages. 
 (c) If the Indemnifying Person disputes any claim or claims made in any Officer’s Certificate, the Indemnified Person
shall have thirty (30) days to respond in a written statement to the objection of the Indemnifying Person. If after such thirty (30) day period there remains a dispute as to any claims, the Indemnified Person and the Indemnifying Person
shall attempt in good faith for thirty (30) days to agree upon the rights of the respective parties with respect to each of such claims (the “Claims Period”). If the Indemnified Person and the Indemnifying Person should so
agree, a memorandum setting forth such agreement shall be prepared and signed by Acquiror and Target France Sub and, in any case in which an Acquiror Indemnified Person is the Indemnified Person, such memorandum shall be delivered to the Escrow
Agent and the Escrow Agent shall be entitled to rely on any such memorandum for the release of any Escrow Amount to Acquiror in accordance with the terms of such memorandum and the Escrow Agreement. 

9.3 Resolution of Conflicts. If no agreement can be reached after good faith negotiation between the parties pursuant to
Section 9.2(c), either Acquiror or Target France Sub may initiate formal legal action with the applicable court in accordance with Section 10.5 to resolve such dispute. The decision of the court as
to the validity and amount of any claim in such 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 
 66 

 Officer’s Certificate shall be binding and conclusive upon the parties to this
Agreement, and notwithstanding anything in Section 9 hereof, the parties and, in any case in which an Acquiror Indemnified Person is the Indemnified Person, the Escrow Agent shall be entitled to act in accordance with such
decision. 
 9.4 Third-Party Claims. In the event an Acquiror Indemnified Person or a
Target Indemnified Person becomes aware of a third-party claim which such Acquiror Indemnified Person or a Target Indemnified Person believes may result in a claim for indemnification against an Indemnifying
Person, Acquiror (in the case of an Acquiror Indemnified Person) shall notify Target France Sub or Target France Sub (in the case of a Target Indemnified Person) shall notify Acquiror, as the case may be, of such claim. Acquiror shall have the right
in its sole discretion to defend or settle any such claim; provided, however, that if Acquiror settles any claim without the consent of Target France Sub, such settlement shall not be dispositive of the existence of an indemnifiable claim or the
amount of Damages. If Acquiror does not elect to proceed with the defense of any such claim, Target France Sub may proceed with the defense of such claim. 

9.5 Collateral Sources. All amounts received by Acquiror from the Escrow Fund pursuant to this Agreement shall be treated for all Tax
purposes as adjustments to the Purchase Price. The amount of any Damages that are subject to indemnification under this Section 9 shall be calculated net of the amount of any proceeds received from indemnification payments
or contribution payments actually received by any Indemnified Person (after deducting therefrom the full amount of the expenses incurred by such Indemnified Person in procuring such payments), in connection with such Damages. 

9.6 Effect of Investigation. The right to indemnification, payment of Damages or for other remedies based on any representation,
warranty, covenant or obligation of an Indemnifying Person contained in or made pursuant to this Agreement shall not be affected by any investigation conducted with respect to, or any Knowledge acquired (or capable of being acquired) at any time,
whether before or after the execution and delivery of this Agreement or the date the Closing occurs, with respect to the accuracy or inaccuracy of or compliance with, any such representation, warranty, covenant or obligation. The waiver of any
condition to the obligation of Acquiror or Target to consummate the Acquisition, where such condition is based on the accuracy of any representation or warranty, or on the performance of or compliance with any covenant or obligation, shall not
affect the right to indemnification, payment of Damages, or other remedy based on such representation, warranty, covenant or obligation. 

9.7 Exclusive Remedy. The provisions contained in this Section 9 are intended to provide the sole and
exclusive remedy for the Acquiror Indemnified Persons and Target Indemnified Persons following the Closing as to all money damages based on, arising out of or relating to this Agreement (it being understood that nothing in this
Section 9 or elsewhere in this Agreement shall affect the parties’ rights to specific performance or other equitable remedies to enforce the parties’ obligations under this Agreement). 

9.8 Tax Treatment. Any indemnification payment made pursuant to this Section 9 shall be treated as an adjustment to the Purchase
Price for Tax purposes, unless otherwise required by Applicable Law. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 10. General Provisions. 

10.1 Notices. All notices and other communications hereunder shall be in writing and shall be deemed duly delivered: (i) upon
receipt if delivered personally; (ii) three (3) business days after being mailed by registered or certified mail, postage prepaid, return receipt requested; (iii) one (1) business day after it is sent by commercial overnight courier
service; or (iv) upon transmission if sent via facsimile with confirmation of receipt to the parties at the following address (or at such other address for a party as shall be specified upon like notice: 

(a) if to Acquiror, to: 

Qualcomm Technologies, Inc. 

5775 Morehouse Dr. 
 San Diego,
CA 92121 
 Attention: General Counsel 

Fax: (858) 658-2503 

with a copy to (which shall not constitute notice): 

DLA Piper LLP (US) 
 4365
Executive Drive, Suite 1100 
 San Diego, California 92121 

Attention: [****] 
 Fax: (858) 638-5058 
 (b) if to Target (including, for further clarity, to Target Holdings and Target France Sub),
to: 
 591 W. Hamilton Ave. 

Suite 250 
 Campbell, CA 95008

 Attention: General Counsel 

Fax: (408) 470-7301 

with a copy to (which shall not constitute notice): 

Cooley LLP 
 380 Interlocken
Crescent 
 Suite 900 

Broomfield, CO 80021-80233 

Facsimile: (720) 566-4000 

E-Mail: [****] and [****] 

Attention: [****] and [****] 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

2 

 10.2 Counterparts; Facsimile. This Agreement may be executed in one or more
counterparts, all of which shall be considered one and the same agreement and shall become effective when one or more counterparts have been signed by each of the parties and delivered to the other parties, it being understood that all parties need
not sign the same counterpart and such counterparts may be delivered by the parties hereto via facsimile or electronic transmission. 
 10.3
Entire Agreement; Nonassignability; Parties in Interest. This Agreement and the documents and instruments and other agreements specifically referred to herein or delivered pursuant hereto, including the exhibits and schedules hereto,
including the Target Disclosure Schedule: (a) together constitute the entire agreement among the parties with respect to the subject matter hereof and supersede all prior agreements and understandings, both written and oral, among the parties
with respect to the subject matter hereof; (b) are not intended to confer upon any other Person (other than any permitted assignee or a Target Licensing Business Acquiror under Section 6.17(b)) any rights or remedies
hereunder; and (c) shall not be assigned whether by asset transfer, merger, operation of law, change of control or otherwise without the written consent of the other party. Notwithstanding the foregoing, after the Closing, (i) on prior
written notice of not less than two (2) business days, (A) each of Target France Sub and Target USA Sub may, without the prior written consent of Acquiror effect Permitted Target Restructuring Transactions and may assign its rights and
obligations under this Agreement pursuant to one additional Target Licensing Business Acquisition; and (B) Target Holdings may assign its rights and obligations under this Agreement to a liquidating trust that is a successor in interest to
Target Holdings and (ii) Acquiror may freely assign any of its rights or obligations under this Agreement to an Affiliate or in connection with a change of control or other similar transaction; provided, however that Acquiror
shall remain liable for its obligations under Section 6.17(b) and Section 6.22. Any attempted or purported assignment or transfer in derogation of the foregoing provisions shall be null, void and
of no effect. 
 10.4 Severability. In the event that any provision of this Agreement or the application thereof becomes or is
declared by a court of competent jurisdiction to be illegal, void or unenforceable, the remainder of this Agreement will continue in full force and effect and the application of such provision to other persons or circumstances will be interpreted so
as reasonably to effect the intent of the parties hereto. The parties further agree to replace such void or unenforceable provision of this Agreement with a valid and enforceable provision that will achieve, to the extent possible, the economic,
business and other purposes of such void or unenforceable provision, but for further clarity, in the event that the provisions of Section 6.17 shall ever be deemed to exceed the time, geographic scope or other limitations
permitted by Applicable Law, then the provisions thereof shall be deemed reformed to the maximum extent permitted by Applicable Law. 
 10.5
Governing Law. This Agreement shall be governed by and construed in accordance with the internal laws of Delaware applicable to parties residing in Delaware, without regard applicable principles of conflicts of law. Each of the parties hereto
irrevocably consents to the exclusive jurisdiction of any court located within the State of Delaware, in connection with any matter based upon or arising out of this Agreement or the matters contemplated hereby and it agrees that process may be
served upon it in any manner authorized by the laws of the State of Delaware for such persons and waives and covenants not to assert or plead any objection which it might otherwise have to such jurisdiction and such process. 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

3 

 10.6 Rules of Construction. The parties hereto agree that they have been represented
by counsel during the negotiation, preparation and execution of this Agreement and, therefore, waive the application of any law, regulation, holding or rule of construction providing that ambiguities in an agreement or other document will be
construed against the party drafting such agreement or document. 
 10.7 Specific Enforcement. 

(a) Target acknowledges and agrees that Acquiror would be irreparably harmed and would not have any adequate remedy at law in the event that
any of the provisions of this Agreement were not performed by Target in accordance with their specific terms or were otherwise breached. Accordingly, Target agrees that Acquiror shall be entitled to an injunction or injunctions to prevent breaches
of this Agreement and to enforce specifically the terms and provisions of this Agreement, this being in addition to any other remedy to which Acquiror is entitled at law or in equity. 

(b) Acquiror acknowledges and agrees that Target and Target Licensing Business Acquiror would be irreparably harmed and would not have any
adequate remedy at law in the event that any of the provisions of Section 6.17(b) and Section 6.22 were not performed by Acquiror in accordance with their specific terms or were otherwise breached.
Accordingly, Acquiror agrees that Target and Target Licensing Business Acquiror shall be entitled to an injunction or injunctions to prevent breaches of Section 6.17(b) and Section 6.22 and to
enforce specifically the terms and provisions of Section 6.17(b) and Section 6.22, this being in addition to any other remedy to which Target or Target Licensing Business Acquiror is entitled at
law or in equity with respect to such Section 6.17(b) and Section 6.22. 
 10.8
Interpretation. 
 (a) When a reference is made in this Agreement to Sections or Exhibits, such reference shall be to a
Section of, or an Exhibit to this Agreement unless otherwise indicated. 
 (b) The headings contained in this Agreement are for
reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. 
 (c) The words
“include,” “includes” and “including” when used herein shall be deemed in each case to be followed by the words “without limitation.” 

(d) The phrases “delivered,” “provided to,” “made available” and “furnished to” and phrases of
similar import when used herein, unless the context otherwise requires, means, with respect to any statement in Section 3 of this Agreement to the effect that any information, document or other material has been
“delivered,” “provided to” or “furnished” to Acquiror or its Representatives, that such information, document, or material was (i) made available for review (without subsequent modification by Target) by Acquiror
or its 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

4 

 
Representatives in the virtual data room set up by Target in connection with this Agreement at least one (1) business day prior to the date of this Agreement or (ii) actually delivered
(whether by physical or electronic delivery) upon request to Acquiror or its Representatives at least one (1) business day prior to the date of this Agreement. 

(e) Unless the context of this Agreement otherwise requires: (i) words of any gender include each other gender; (ii) words using
the singular or plural number also include the plural or singular number, respectively; and (iii) the terms “hereof,” “herein,” “hereunder” and derivative or similar words refer to this entire Agreement. 

[The remainder of this page is intentionally left blank.] 
  

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

5 

 IN WITNESS WHEREOF, Target Holdings, Target USA Sub, Target France Sub and Acquiror have
caused this Agreement to be executed and delivered by each of them or their respective officers thereunto duly authorized, all as of the date first written above. 
  

			
	QUALCOMM TECHNOLOGIES INC.
		
	By:	 	 /s/ [****]

	Nam	 	[****]
	Title:	 	Executive Vice President
	
	QUALCOMM FRANCE S.A.R.L.
		
	By:	 	 /s/ [****]

	Name:	 	[****]
	Title:	 	Managing Director
	
	ARTERIS HOLDINGS, INC.
		
	By:	 	 /s/ K. Charles Janac

	Name:	 	K. Charles Janac
	Title:	 	President and CEO
	
	ARTERIS, INC.
		
	By:	 	 /s/ K. Charles Janac

	Name:	 	K. Charles Janac
	Title:	 	President and CEO
	
	ARTERIS, SAS
		
	By:	 	 /s/ K. Charles Janac

	Name:	 	K. Charles Janac
	Title:	 	Directeur General

 [SIGNATURE PAGE TO ASSET PURCHASE AGREEMENT] 

 

  
 [****] = Certain confidential
information contained in this document, marked by brackets, has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. 

 Schedules intentionally omitted pursuant to Regulation
S-K, Item 601(a)(5)EX-10.5

 Exhibit 10.5 

OFFICE LEASE 
 Millich
Commercial, LLC 
 a California limited liability company 

as “Landlord” 

and 
 Arteris, Inc.

 a Delaware corporation 

as “Tenant” 

 OFFICE LEASE 

SUMMARY OF BASIC LEASE TERMS 
  

					
	 SECTION

(LEASE REFERENCE)
	  	 	  	TERMS
	A.
(Introduction)	  	 Lease Reference Date:
	  	July 17, 2017
			
	B.
(Introduction)	  	 Landlord:
	  	Millich Commercial, LLC, a California limited liability company
			
	C.
(Introduction)	  	 Tenant:
	  	Arteris, Inc., a Delaware corporation
			
	D.
(Section 1.21)	  	 Premises:
	  	That area consisting of approximately 12,609 rentable square feet, the address of which is 595 Millich Drive, Suite 200, Campbell, California, within the Building as shown on Exhibit B.
			
	E.
(Section 1.22)	  	 Project:
	  	The land and improvements shown on Exhibit A consisting of one building the aggregate area of which is approximately 24,281 rentable square feet.
			
	F.
(Section 1.7)	  	 Building
	  	The Building and the Project are one and the same.
			
	G.
(Section 1.32)	  	 Tenant’s Share:
	  	51.93%
			
	H.
(Section 4.6)	  	 Tenant’s Allocated Parking

Stalls:
	  	Forty five (45) unreserved parking stalls
			
	I.
(Section 1.28)	  	 Scheduled 

Commencement Date:
	  	September 1, 2017
			
	J.
(Section 1.18)	  	 Lease Term:
	  	Sixty nine (69) full calendar months
			
	K.
(Section 3.1)	  	 Base Monthly Rent:
	  	 Commencement Date – month 18—$37,827.00 

Month 19 – 30—$38,961.81*

Month 31 – 42—$40,130.66
 Month 43 –
54—$41,334.58
 Month 55 – 66—$42,574.62
 Month
67 – expiration date—$43,851.86
  

*Subject to the terms and conditions of Article 2.2(b) below.

			
	L.
(Section 3.3)	  	 Prepaid Rent:
	  	 $38,961.81

  
 2 

					
			
	M.
(Section 3.5)	  	 Security Deposit:
	  	$43,851.86
			
	N.
(Section 4.1)	  	 Permitted Use:
	  	General Office
			
	O.	  	 Intentionally Omitted
	  	
			
	P.
(Section 8.1)	  	 Operating Expense Base

Amount:
	  	Operating Expenses paid or incurred by Landlord during calendar year 2018
			
	Q.
(Section 9.1)	  	 Tenant’s Liability:

 
 Insurance Minimum:
	  	$2,000,000 per occurrence and $3,000,000 in the aggregate
			
	R.
(Section 1.3)	  	 Landlord’s Address:
	  	 c/o Briggs Development Corporation
 Attn:
Jeffrey L. Rogers
 100 Century Center Court, Suite 210
 San
Jose, California 95112

			
	S.
(Section 1.3)	  	 Tenant’s Address:
	  	 Before the Commencement Date:
 591 West Hamilton
Avenue, Suite 250
 Campbell, California 95008
 Attention:
CFO
 From and after the Commencement Date:
 At the Premises

Attention: CFO

			
	T.
(Section 15.13)	  	 Retained Real Estate Brokers:
	  	 Landlord’s Broker—Nick Whitstone and Mark Christierson, CBRE, Inc.

Tenant’s Broker – None

			
	U.
(Section 1.17)	  	 Lease:
	  	This Office Lease includes the Summary of the Basic Lease Terms, the Lease, and the following exhibits and addenda: Exhibit A (site plan of the Project), Exhibit B (diagram of Premises), Exhibit B-1 (diagram of Temporary Space), Exhibit C (Description of Landlord Improvements), and Exhibit D (Rules and Regulations).

 The foregoing Summary is hereby incorporated into and made a part of this Lease. Each reference in this Lease
to any term of the Summary shall mean the respective information set forth above and shall be construed to incorporate all of the terms provided under the particular paragraph pertaining to such information. In the event of any conflict between the
Summary and the Lease, the Summary shall control. 

  
 3 

 OFFICE LEASE 

This Office Lease (“Lease”) is dated, for reference purposes only, as of the Lease Reference Date specified in Section A of
the Summary of Basic Lease Terms (“Summary”), and is made by and between the party identified as Landlord in Section B of the Summary and the party identified as Tenant in Section C of the Summary. 

ARTICLE 1 
 DEFINITIONS

 1.1 General. Any initially capitalized term that is given a special meaning by this Article 1, the Summary, or by any other
provision of this Lease (including the exhibits attached hereto) shall have such meaning when used in this Lease or any addendum or amendment hereto unless otherwise clearly indicated by the context. 

1.2 Additional Rent. The term “Additional Rent” is defined in Section 3.2. 

1.3 Address for Notices. The term “Address for Notices” shall mean the addresses set forth in Sections R and S
of the Summary; provided, however, that after the Commencement Date, Tenant’s Address for Notices shall be the address of the Premises. 

1.4 Agents. The term “Agents” shall mean the following: (i) with respect to Landlord or Tenant, the agents, employees,
contractors and invitees of such party, and (ii) in addition with respect to Tenant, Tenant’s subtenants and their respective agents, employees, contractors and invitees. 

1.5 Agreed interest Rate. The term “Agreed Interest Rate” shall mean that interest rate determined as of the time it is to be
applied that is equal to the lesser of (i) the higher of five percent (5%) in excess of the discount rate established by the Federal Reserve Bank of San Francisco as it may be adjusted from time to time, or ten percent (10%) per annum, or
(ii) the maximum interest rate permitted by Law. 
 1.6 Base Monthly Rent. The term “Base Monthly Rent” shall mean the
fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary. 
 1.7
Building. The term “Building” shall mean the building in which the Premises are located which Building is identified in Section F of the Summary, the rentable area of which is referred to herein as the “Building Rentable
Area.” 
 1.8 Commencement Date. The term “Commencement Date” is the date the Lease Term commences, which term is
defined in Section 2.2. 
 1.9 Common Area. The term “Common Area” shall mean all areas and facilities within the
Project that are not designated by Landlord for the exclusive use of Tenant or any other lessee or other occupant of the Project, including, without limitation, the parking areas, access and perimeter roads, pedestrian sidewalks, landscaped areas,
trash enclosures, recreation areas and the like. 
 1.10 Intentionally Omitted 

1.11 Effective Date. The term “Effective Date” shall mean the date the last signatory to this Lease whose execution is
required to make it binding on the parties hereto shall have executed this Lease. 
 1.12 Event of Tenant’s Default. The term
“Event of Tenant’s Default” is defined in Section 13.1. 
 1.13 Hazardous Materials. The terms “Hazardous
Materials” and “Hazardous Materials Laws” are defined in Section 7.2E. 

  
 4 

 1.14 Insured and Uninsured Peril. The terms “Insured Peril” and
“Uninsured Peril” are defined in Section 11.2E. 
 1.15 Law(s). The term “Law(s)” shall mean any judicial
decision, statute, constitution, ordinance, resolution, regulation, rule, administrative order or other requirement of any municipal, county, state, federal or other governmental agency or authority having jurisdiction over the parties to this Lease
or the Premises, or both, in effect either at the Effective Date or any time during the Lease Term. 
 1.16 Lease. The term
“Lease” shall mean the Summary and all elements of this Lease identified in Section U of the Summary, all of which are attached hereto and incorporated herein by this reference. 

1.17 Lease Term. The term “Lease Term” shall mean the term of this Lease, which shall commence on the Commencement Date and,
unless sooner terminated pursuant to this Lease, shall continue for the period specified in Section J of the Summary. 
 1.18
Lender. The term “Lender” shall mean any beneficiary, mortgagee, secured party, ground or underlying lessor, or other holder of any Security Instrument now or hereafter affecting the Project or any portion thereof. 

1.19 Operating Expenses. The term “Operating Expenses” is defined in Section 8.2. 

1.20 Permitted Use. The term “Permitted Use” shall mean the use specified in Section N of the Summary, and no other
use shall be permitted. 
 1.21 Premises. The term “Premises” shall mean that space described in Section D of the
Summary that is within the Building. 
 1.22 Project. The term “Project” shall mean that real property and the improvements
thereon which are specified in Section E of the Summary, the aggregate rentable area of which is referred to herein as the “Project Rentable Area.” 

1.23 Private Restrictions. The term “Private Restrictions” shall mean all recorded covenants, conditions and restrictions,
private agreements, reciprocal easement agreements, and any other recorded instruments affecting the use of the Premises and/or the Project which exist as of the Effective Date or which are recorded after the Effective Date. 

1.24 Real Property Taxes. The term “Real Property Taxes” is defined in Section 8.3. 

1.25 Rent. The term “Rent” or “rent” shall mean, collectively, Base Monthly Rent, Additional Rent and all other
payments of money payable to Landlord under this Lease, whether or not such payments are specifically denominated as rent hereunder. 
 1.26
Rentable Area. The term “Rentable Area” as used in this Lease shall mean, with respect to the Premises, the rentable square feet set forth in Section D of the Summary, and, with respect to the Project, the rentable square
feet set forth in Section E of the Summary (subject to reformulation pursuant to Section 1.32 below). Landlord and Tenant agree that (i) each has had an opportunity to determine to its satisfaction the actual area of the Project,
the Building and the Premises, (ii) all measurements of area contained in this Lease are conclusively agreed to be correct and binding upon the parties, even if a subsequent measurement of any one of these areas determines that it is more or
less than the amount of area reflected in this Lease, and (iii) any such subsequent determination that the area is more or less than shown in this Lease shall not result in a change in any way of the computations of rent, improvement
allowances, or other matters described in this Lease where area is a factor. 

  
 5 

 1.27 Rules and Regulations. The term “Rules and Regulations” shall mean the
rules and regulations attached hereto as Exhibit D and any amendments or supplements thereto and any additional rules and regulations, all as may be adopted and promulgated by Landlord from time to time. 

1.28 Scheduled Commencement Date. The term “Scheduled Commencement Date” shall mean the date specified in Section I of
the Summary. 
 1.29 Security Instrument. The term “Security Instrument” shall mean any ground or underlying lease,
mortgage or deed of trust which now or hereafter affects the Project (or any portion thereof), and any renewal, modification, consolidation, replacement or extension thereof. 

1.30 Summary. The term “Summary” shall mean the Summary of Basic Lease Terms executed by Landlord and Tenant that is part of
this Lease. 
 1.31 Tenant’s Alterations. The term “Tenant’s Alterations” shall mean all improvements, additions,
alterations and fixtures installed in the Premises by or for the benefit of Tenant following the Commencement Date which are not Trade Fixtures. 

1.32 Tenant’s Share. The term “Tenant’s Share” shall mean the percentage obtained by dividing Tenant’s
Rentable Area by the Project Rentable Area, which, as of the Effective Date, is the percentage identified in Section G of the Summary. In the event Landlord constructs other buildings on the Project, Landlord may, in Landlord’s sole
discretion, reformulate Tenant’s Share, as to any or all of the items which comprise Operating Expenses, to reflect the rentable square footage of the Premises as a percentage of all rentable square footage of the Project. In the event
Tenant’s Share is reformulated in accordance with this Section 1.32, Landlord shall promptly provide Tenant notice of such reformulation, together with a written statement showing in reasonable detail the manner in which Tenant’s
Share was reformulated and a list of all items of Operating Expenses which will be accounted for using the reformulated percentage. Any items of Operating Expenses to which the reformulated share is not applied shall be accounted for using the
original Tenant’s Share set forth in Section G of the Summary. 
 1.33 Trade Fixtures. The term “Trade
Fixtures” shall mean (i) Tenant’s inventory, furniture, signs, business equipment and other personal property, and (ii) anything affixed to the Premises by Tenant at its expense for purposes of trade (except replacement of
similar work or material originally installed by Landlord) which can be removed without material injury to the Premises unless such thing has, by the manner in which it is affixed, become an integral part of the Premises. 

ARTICLE 2 
 DEMISE,
CONSTRUCTION, AND ACCEPTANCE 
 2.1 Demise of Premises/Temporary Space. 

(a) Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, for the Lease Term upon the terms and conditions of this Lease,
the Premises for Tenant’s own use in the conduct of Tenant’s business together with (i) the non-exclusive right to use the number of Tenant’s Allocated Parking Stalls within the Common Area
(subject to the limitations set forth in Section 4.6), and (ii) the non-exclusive right to use the Common Area for ingress to and egress from the Premises. Landlord reserves the use of the exterior
walls, the roof and the area beneath and above the Premises, together with the right to install, maintain, use and replace ducts, wires, conduits and pipes leading through the Premises in locations which will not materially interfere with
Tenant’s use of the Premises. The Premises have not undergone an inspection by a Certified Access Specialist (“CASp”) to determine whether or not the Premises meets all applicable construction-related accessibility standards pursuant
to California Civil Code Section 55.51 et. seq. Accordingly, pursuant to California Civil Code § 1938(e), Landlord hereby further states as follows: “A Certified Access Specialist (CASp) can inspect the subject premises and determine
whether the subject premises comply with all of the applicable construction-related accessibility standards under state law. 

  
 6 

 
Although state law does not require a CASp inspection of the subject premises, the commercial property owner or lessor may not prohibit the lessee or tenant from obtaining a CASp inspection of
the subject premises for the occupancy or potential occupancy of the lessee or tenant, if requested by the lessee or tenant. The parties shall mutually agree on the arrangements for the time and manner of the CASp inspection, the payment of the fee
for the CASp inspection, and the cost of making any repairs necessary to correct violations of construction-related accessibility standards within the premises”. Landlord shall have the right (but not the obligation) to obtain a report from a
CASp, and, in the event that Landlord does so, and such report provides that the Project is in compliance (or any issues of non-compliance are corrected), then, as between Landlord and Tenant, (regardless of
whether the claim is brought by any third party, including a subtenant or invitee of Tenant) such report, upon delivery to Tenant shall be conclusive that Landlord has complied with any obligation relating specifically to matters covered by the CASp
as of delivery (and exclusive of any improvements made by Tenant) pursuant to California Civil Code sections 55.52 and 55.53. Landlord and Tenant agree that if Tenant requests or performs a CASp inspection of the Premises, Building or Project, then
(i) Tenant shall pay the fee for such inspection, (ii) Tenant shall reimburse Landlord upon demand for the cost of making any repairs necessary to correct violations of construction-related accessibility standards to the Premises, Building
and/or Project; and (iii) if Tenant commissions an inspection by a CASp, Tenant (a) will not provide Landlord with a copy of such report unless specifically requested in writing by Landlord; (b) shall be responsible for any and all
consequences resulting from the commissioning of such inspection, including, but not limited to, implementing, managing and performing any and all repairs, improvements and/or modifications to the Premises, Building, Project or Common Areas related
to addressing and/or correcting any violations disclosed by such inspection; and (c) shall indemnify, defend and hold Landlord harmless from and against any and all losses, liabilities, damages, costs and claims that may be made against
Landlord by any party claiming that Landlord had knowledge of a non-compliance of the Premises, Building, Project or Common Areas with applicable laws as a result of such inspection. Notwithstanding clause
(ii) of the immediately preceding sentence, Landlord may elect to require Tenant to implement, manage and/or perform such repairs, improvements and/or modifications in lieu of Landlord performing such and requiring reimbursement from Tenant.

 (b) In the event the Premises is not ready for occupancy on September 1, 2017 (the “Temporary Space Commencement Date”),
Landlord agrees to provide to Tenant and Tenant shall have the right to use, subject to the terms and provisions of this Article 2.1(b), approximately 2,228 rentable square feet commonly known as Suites 105 and 106 and located on the first (1st) floor of Building (the “Temporary Space”), as such Temporary Space is shown on Exhibit B-1 attached hereto and incorporated herein, as
temporary office space. If applicable, the Temporary Space shall be made available to Tenant commencing on the Temporary Space Commencement Date and shall expire at 11:59 p.m. Pacific Time on the day immediately preceding the Commencement Date (the
“Temporary Space Termination Date”). Tenant accepts the Temporary Space in its “AS IS, WHERE IS” condition and shall not be entitled to make any alterations, improvements or modifications to the Temporary Space, provided
that Tenant may install telephone and data cabling to the Temporary Space upon receipt of Landlord’s consent, which consent shall not be unreasonably withheld. Prior to the Commencement Date, Tenant shall remove or cause to be removed from the
Premises all telephone, data, and other cabling and wiring (including any cabling, wiring, control panels or sensors associated with any wi-fi network serving the Temporary Space, audio/visual system,
electronic communication system or security system, if any) existing in, or serving, the Temporary Space installed by or caused to be installed by Tenant (including any cabling and wiring, installed above the ceiling of the Temporary Space or below
the floor of the Temporary Space) and all debris and rubbish related thereto, and such similar articles of any other persons claiming under Tenant, and Tenant shall repair at its own expense all damage to the Temporary Space and Building resulting
from such removal. During Tenant’s occupancy of the Temporary Space, all terms and provisions of this Lease shall apply to Tenant’s use and occupancy of the Temporary Space (excluding, however, Tenant’s obligation to pay Base Monthly
Rent and Additional Rent with respect to the Temporary Space) as if the Temporary Space was considered part of the Premises; provided, however, Landlord shall have no obligation to make any alterations, improvements or modifications to the Temporary
Space, or provide any allowances or rent credits with respect thereto. Tenant agrees to remove all furniture and other personal property from the Temporary Space on or prior to the Temporary Space Termination Date and vacate and surrender same to
Landlord in the same condition as received. Should Tenant continue to occupy the Temporary Space past the Temporary Space Termination Date, Tenant shall be in holdover of the Temporary Space, 

  
 7 

 
subjecting Tenant to the terms and provisions of Article 15.3 of this Lease with respect to the Temporary Space; provided, however, such tenancy shall be a tenancy at sufferance and rent
payable for any such tenancy shall be (a) Six Thousand Six Hundred Eighty Four Dollars ($6,684.00) for the first thirty days; and (b) Ten Thousand Twenty Six Dollars ($10,026.00) per month for each month thereafter. 

2.2 Commencement Date. 

(a) The Scheduled Commencement Date shall be only an estimate of the actual Commencement Date, and the Lease Term shall begin on the first to
occur of the following, which shall be the “Commencement Date”: (i) the date Landlord offers to deliver possession of the Premises to Tenant following substantial completion of all improvements to be constructed by Landlord pursuant to
Section 2.3 except for punchlist items which do not prevent Tenant from using the Premises for the Permitted Use, or (ii) the date Tenant reenters into occupancy of all of the Premises after having vacated pursuant to Section 2.8.
Notwithstanding the foregoing, the actual Commencement Date shall not be earlier than September 1, 2017. Promptly following the delivery of possession of the Premises by Landlord to Tenant, Landlord shall deliver Tenant written confirmation of
the Commencement Date and such other terms as Landlord shall determine appropriate; provided, however, failure to deliver such written confirmation shall not affect the Commencement Date. 

(b) Notwithstanding anything in this Lease to the contrary, Tenant (upon no less than five (5) business days’ notice to Landlord)
shall have the unilateral right to occupy those certain portions of the Premises (as applicable, instead of the entire Premises) (1) in which Landlord has substantially completed the improvements required pursuant to Article 2.3 below
and determined that such portion of the Premises is prepared for occupancy, both as Landlord reasonably determines; and (2) for which Tenant has received a temporary certificate of occupancy, in which event, (i) the Commencement Date shall
not be deemed to have occurred until determined pursuant to Section 2.1(a) but such tenancy and occupancy by Tenant shall be subject to all terms and conditions of this Lease notwithstanding that the Commencement Date has not yet occurred, and
(ii) Tenant’s Base Monthly Rent due and owing under this Lease shall be pro-rated on a per square footage basis until the Commencement Date occurs. 

(c) Reference is herein made to those certain improvements, additions and/or alterations being constructed by Landlord to the Common Area (the
“Common Area Improvements”). A list of all Common Area Improvements planned as of the Lease Reference Date is attached hereto as Exhibit E. Notwithstanding anything in this Lease to the contrary, in the event the Common Area Improvements
are not substantially completed by September 1, 2017, and the remaining Common Area Improvements to be performed directly and materially adversely impact Tenant’s use and enjoyment of the Premises, the Base Monthly Rent otherwise due and
owing under this Lease shall be $23,995.10 until the earlier of the date on which the Common Area Improvements are substantially completed or the remaining Common Area Improvements to be completed no longer directly and materially adversely impact
Tenant’s use and enjoyment of the Premises. 
 2.3 Construction of Improvements. Landlord shall construct certain improvements
that shall constitute or become part of the Premises if required by, and then in accordance with, the attached Exhibit C. Except as specifically provided in Exhibit C and this Section 2.3, Landlord shall have no obligation
whatsoever to in any way alter or improve the Premises. Tenant acknowledges that it has had an opportunity to conduct, and has conducted, such inspections of the Premises as it deems necessary to evaluate its condition. In addition, Landlord shall
deliver the Premises to Tenant with all building systems in good working order. Except as otherwise specifically provided herein, Tenant agrees to accept possession of the Premises in its then existing condition
“as-is”, including all patent and latent defects. Tenant’s taking possession of any part of the Premises shall be deemed to be an acceptance by Tenant of any work of improvement done by Landlord
in such part as complete and in accordance with the terms of this Lease, subject to Landlord’s obligations, if any, under Exhibit C. 

2.4 Delay in Delivery of Possession. If for any reason Landlord cannot deliver possession of the Premises to Tenant on or before the
Scheduled Commencement Date, Landlord shall not be subject to any liability therefore, and such failure shall not affect the validity of this Lease or the obligations of Tenant 

  
 8 

 
hereunder, but, in such case, Tenant shall not be obligated to pay Base Monthly Rent or Tenant’s Share of Operating Expenses until the Commencement Date has occurred; provided, however, if
Landlord cannot deliver possession of the Premises to Tenant on or before the date (“Outside Commencement Date”) that is ninety (90) days following the Scheduled Commencement Date, Tenant shall have the right, as its sole and
exclusive remedy, to terminate this Lease by providing Landlord with written notice thereof within five (5) days following the Outside Commencement Date (provided, however, in the event that Landlord’s failure to deliver possession of the
Premises to Tenant on or before the Outside Commencement Date is attributable, in whole or in part, to any action or inaction by Tenant or Tenant’s Agents or by reason of any causes beyond the reasonable control of Landlord (“Force Majeure
Delay”), the Outside Commencement Date shall be extended for the period of delay attributable to the action or inaction by Tenant or Tenant’s Agents in question and/or the Force Majeure Delay in question, as applicable). In the event
Tenant provides Landlord with written notice of termination within such five (5) day period, this Lease shall terminate upon such notice and Landlord shall promptly return to Tenant any deposits made by Tenant to Landlord under this Lease. In
the event Tenant fails to provide Landlord with written notice of termination within such five (5) day period, this Lease shall continue in full force and effect. 

2.5 Early Occupancy. If Tenant enters or permits its Agents to enter the Premises prior to the Commencement Date with the written
permission of Landlord, it shall do so upon all of the terms of this Lease (including its obligations regarding indemnity and insurance), and, except as provided below, Tenant shall pay Base Monthly Rent and all other charges provided for in this
Lease during the period of such occupancy. Provided that Tenant does not interfere with or delay the completion by Landlord or its agents or contractors of the construction of any tenant improvements, and provided that Landlord has possession of the
Premises, Tenant shall have the right to enter the Premises up to fourteen (14) days prior to the anticipated Commencement Date for the sole purpose of installing furniture, trade fixtures, equipment, and similar items, and Tenant shall have no
obligation to begin paying Base Monthly Rent or other charges based solely on its installation of these items. Tenant shall be liable for any damages or delays caused by Tenant’s activities at the Premises, and Section 10.3 shall apply to
Tenant’s activities. Prior to entering the Premises Tenant shall obtain all insurance it is required to obtain by the Lease and shall provide certificates of said insurance to Landlord. Tenant shall coordinate such entry with Landlord’s
building manager, and such entry shall be made in compliance with all terms and conditions of this Lease and the Rules and Regulations attached hereto. 

2.6 No Roof Rights. In no event shall Tenant have any rights whatsoever to use all or any portion of the roof of the Building, it being
understood and agreed that Landlord expressly reserves the right to use (and/or permit others to use) the roof of the Building in its sole and absolute discretion. 

2.7 Delays Caused by Tenant. There shall be no abatement of rent, and the ninety (90) day period specified in Section 2.4
shall be deemed extended, to the extent of any delays caused by acts or omissions of Tenant, Tenant’s agents, employees and contractors, or for Tenant delays as defined in any work letter agreement attached to this Lease, if any (hereinafter
“Tenant Delays”). Tenant shall pay to Landlord an amount equal to one thirtieth (1/30th) of the Base Monthly Rent due for the first full calendar month of the Lease term for each day of Tenant Delay. For purposes of the foregoing
calculation, the Base Monthly Rent payable for the first full calendar month of the term of this Lease shall not be reduced by any abated rent, conditionally waived rent, free rent or similar rental concessions, if any. Landlord and Tenant agree
that the foregoing payment constitutes a fair and reasonable estimate of the damages Landlord will incur as the result of a Tenant Delay. Within thirty (30) days after Landlord tenders possession of the Premises to Tenant, Landlord shall notify
Tenant of Landlord’s reasonable estimate of the date Landlord could have delivered possession of the Premises to Tenant but for the Tenant Delays. After delivery of said notice, Tenant shall immediately pay to Landlord the amount described
above for the period of Tenant Delay. 
 2.8 Termination of Existing Lease. Landlord and Tenant are party to that certain Standard
Office Lease dated November 23, 2015 (“Suite 206 Lease”), for certain premises located in the Building commonly known as Suite 206 (“Suite 206”). Tenant shall vacate and surrender possession of Suite 206 in the condition
required by the Suite 206 Lease no later than 11:59 pm, Pacific Time, three (3) days following receipt of written notice from Landlord to do so (the “Surrender Date”), provided that Tenant shall not be

  
 9 

 
required to vacate and surrender Suite 206 prior to 11:59 p.m. Pacific Standard Time on July 7, 2017. The Suite 206 Lease shall terminate as of the earlier of (a) Tenant’s vacation
and surrender of possession of Suite 206; and (b) the Surrender Date. Tenant’s failure to timely surrender possession and vacate Suite 206 pursuant to this Section shall be (i) deemed a holdover in possession of Suite 206 pursuant to
Section 25 of the Suite 206 Lease; provided, however, such shall be a tenancy at sufferance and not a month-to- month tenancy; and (ii) a Tenant Delay. 

2.9 Option to Expand. 

(a) During the initial sixty nine (69) month term of this Lease (but not during any extension of the term), Tenant shall have the one
time right of offer (“Right of Offer”) to lease any space which becomes vacant on the first floor of the Building or which Landlord determines will become vacant on the first floor of the Building, after Tenant occupies the Premises (the
“Additional Premises”). Tenant’s rights with respect to any portion of the Additional Premises that is vacant as of the date of this Lease shall not apply until after Landlord has entered into a final and binding lease agreement for
such portion of the Additional Premises. Prior to leasing any portion of the Additional Premises, Landlord shall give Tenant written notice of its intent to lease such portion the Additional Premises (a “Landlord Notice”). Tenant shall
have thirty (30) days after Landlord has given a Landlord Notice in which to provide Landlord with written notice (an “Election Notice”) of its election to exercise its right to lease all of the offered portion of the Additional
Premises (Tenant shall not have the right to elect to lease part of the offered portion of the Additional Premises). Tenant shall pay Base Rent for the Additional Premises at the “Market Rate” (as defined below). If Tenant timely and
properly delivers and Election Notice (a) the commencement date of Tenant’s lease of such portion of the Additional Premises shall be the date on which Landlord offers to tender possession to Tenant; (b) possession shall be delivered
in “as is” condition, without representation or warranty, and Landlord shall not be required to make any modifications or alterations to the Additional Premises or provide Tenant with a tenant improvement allowance; (c) such portion
of the Additional Premises shall be automatically added to the “Premises” and be a part thereof for all purposes under this Lease other than Landlord’s obligation to make improvements pursuant to Exhibit C; (d) the term of the
Lease (i) for the Additional Premises shall be coterminous with the Term for the Premises if no tenant improvement allowance for the Additional Premises is provided by Landlord and if Landlord is not required to perform any tenant improvements
to the Additional Premises; or (ii) shall be extended such that the expiration date of the Lease is the last day of the sixtieth (60th) full calendar month after the Additional Premises
commencement date if Landlord provides a tenant improvement allowance for the Additional Premises or is required to perform any tenant improvements to the Additional Premises; (e) as of the Additional Premises commencement date, Tenant’s
Share and Tenant’s Allocated Parking Stalls shall be appropriately adjusted to reflect the addition of the Additional Premises; and (f) concurrently with Tenant’s delivery of the Election Notice Tenant shall pay Landlord
(i) prepaid rent for the first month of its lease of the Additional Premises; plus (ii) an additional security deposit, which shall be added to the Security Deposit (as defined below), such that the total Security Deposit held by Landlord
is an amount equal to one hundred percent (100%) of the last calendar month of the Lease term (as extended pursuant to this Section). All of the other terms and conditions pertaining to the lease of the Additional Premises shall be agreed to by
Landlord and Tenant within ten (10) business days after Landlord receives Tenant’s written notice. If Landlord and Tenant are unable to agree on such terms and conditions within the ten (10) business day period, Tenant’s right to
lease the Additional Premises shall automatically expire and Tenant shall have no further right to lease the Additional Premises. All of the terms and conditions for the lease of the Additional Premises shall be satisfactory to Landlord, in
Landlord’s sole discretion. If Tenant does not give Landlord written notice of its election to lease such portion of the Additional Premises within thirty (30) days after delivery of a Landlord Notice, Landlord shall thereafter be free to
lease such portion of the Additional Premises to a third party on any terms and conditions that Landlord shall select, with no further obligation (except for notice as provided below) to Tenant related to such portion of the Additional Premises. In
the event that Landlord offers any space to Tenant pursuant to this right of offer and Tenant does not lease the space, the space so offered shall no longer be subject to this right of offer and thereafter Landlord shall not be obligated to offer
said space to Tenant. Landlord shall attempt to provide Tenant with courtesy notice upon obtaining a third party offer for such Additional Premises that is acceptable to Landlord. Notwithstanding the foregoing, Landlord’s failure to provide
such notice shall not provide Tenant with any rights or recourse and Tenant shall not have any right to the Additional Premises resulting from such courtesy notice. Tenant shall not have the right to exercise the

  
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right of offer granted in this section, at any time that Tenant has subleased all or any portion of the Premises or at any time Tenant is in default (beyond any applicable notice and cure period)
as defined in the Lease. This right of offer shall be subject to the prior and existing rights of the other tenants in the Project to lease any portion of the Additional Premises, including, but not limited to, any tenant who has the legal right or
option to renew or extend its lease. 
 (b) The term “Market Rate” shall mean the annual amount per rentable square foot that a
willing, comparable tenant would pay and a willing, comparable landlord of a similar office building would accept at arm’s length for similar space, giving appropriate consideration to the following matters: (i) annual rental rates per
rentable square foot; (ii) the type of escalation clauses (including, but without limitation, operating expense, real estate taxes, and CPI) and the extent of liability under the escalation clauses (i.e.. whether determined on a
“net lease” basis or by increases over a particular base year or base dollar amount); (iii) rent abatement provisions reflecting free rent and/or no rent during the lease term; (iv) length of lease term (to be determined by Landlord
in accordance with (a) above, in Landlord’s sole discretion); (v) size and location of premises being leased; (vi) the amount of any tenant improvement allowance; and (vii) other generally applicable terms and conditions of
tenancy for similar space. 
 (c) If Tenant exercises the Right of Offer, Landlord shall determine the Market Rate by using its good faith
judgment. Landlord shall provide Tenant with written notice of such amount within ten (10) business days after Tenant delivers its Election Notice to Landlord. Tenant shall have five (5) business days (“Tenant’s Review
Period”) after receipt of Landlord’s notice of the rental rate within which to accept such rental. In the event Tenant fails to accept in writing such rental proposal by Landlord, then such proposal shall be deemed rejected, and Landlord
and Tenant shall attempt to agree upon such Market Rate, using their best good faith efforts. If Landlord and Tenant fail to reach agreement within five (5) business days following Tenant’s Review Period (“Outside Agreement
Date”), then each party shall place in a separate sealed envelope their final proposal as to the Market Rate, and such determination shall be submitted to arbitration in accordance with subsections (i) through (v) below. 

(i) Landlord and Tenant shall meet with each other within three (3) business days after the Outside Agreement Date and
exchange their sealed envelopes and then open such envelopes in each other’s presence. If Landlord and Tenant do not mutually agree upon the Market Rate within one (1) business day of the exchange and opening of envelopes, then, within
three (3) business days of the exchange and opening of envelopes, Landlord and Tenant shall agree upon and jointly appoint a single arbitrator who shall by profession be a real estate broker or agent who shall have been active over the five
(5) year period ending on the date of such appointment in the leasing of commercial buildings similar to the Premises in the geographical area of the Premises. Neither Landlord nor Tenant shall consult with such broker or agent as to his or her
opinion as to the Market Rate prior to the appointment. The determination of the arbitrator shall be limited solely to the issue of whether Landlord’s or Tenant’s submitted Market Rate for the Additional Premises is the closest to the
actual Market Rate for the Additional Premises as determined by the arbitrator, taking into account the requirements for determining Market Rate set forth herein. In addition, Landlord or Tenant may submit to the arbitrator with a copy to the other
party within three (3) business days after the appointment of the arbitrator any market data and additional information such party deems relevant to the determination of the Market Rate (“RR Data”), and the other party may submit a
reply in writing within two (2) business days after receipt of such RR Data. 
 (ii) The arbitrator shall, within three
(3) business days of his or her appointment, reach a decision as to whether the parties shall use Landlord’s or Tenant’s submitted Market Rate and shall notify Landlord and Tenant of such determination. 

(iii) The decision of the arbitrator shall be final and binding upon Landlord and Tenant. 

(iv) If Landlord and Tenant fail to agree upon and appoint an arbitrator, then the appointment of the arbitrator shall be made
by the presiding judge of the Superior Court for the County in which the Premises is located, or, if he or she refuses to act, by any judge having jurisdiction over the parties. 

  
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 (v) The cost of the arbitration shall be paid by Landlord and Tenant
equally. 
 (d) Such portion of the Additional Premises shall be leased to Tenant pursuant to an amendment to this Lease, which Landlord and
Tenant shall execute promptly once all business terms for the Additional Premises have been agreed to. The consequence of Landlord and Tenant not being able to agree on the terms and conditions of the lease amendment shall be that Landlord shall
have no further obligation to lease such portion of the Additional Premises to Tenant and Tenant shall have no further obligation or right to lease such portion of the Additional Premises from Landlord pursuant to this section. 

ARTICLE 3 
 RENT

 3.1 Base Monthly Rent. Commencing on the Commencement Date and continuing throughout the Lease Term, Tenant shall pay to
Landlord the Base Monthly Rent set forth in Section K of the Summary. 
 3.2 Additional Rent. Commencing on the Commencement
Date and continuing throughout the Lease Term, Tenant shall pay the following as additional rent (the “Additional Rent”): (i) any late charges or interest due Landlord pursuant to Section 3.4; (ii) Tenant’s Share of Operating
Expenses as provided in Section 8.1; (iii) Landlord’s share of any Transfer Consideration received by Tenant upon certain assignments and sublettings as required by Section 14.1; (iv) any legal fees and costs due Landlord pursuant to
Section 15.9; and (v) any other sums or charges payable by Tenant pursuant to this Lease. 
 3.3 Payment of Rent.
Concurrently with Tenant’s execution of this Lease, Tenant shall pay to Landlord the amount set forth in Section L of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required
to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If Section K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the
date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction
or offset whatsoever (except as specifically provided in Sections 11.4 and 12.3), and without any prior demand therefore. Rent shall be paid to Landlord at its address set forth in Section R of the Summary, or at such other place as Landlord
may designate from time to time. Tenant’s obligation to pay Base Monthly Rent and Tenant’s Share of Operating Expenses shall be prorated at the commencement and expiration of the Lease Term. 

3.4 Late Charge and Interest. Tenant acknowledges that late payment by Tenant to Landlord of Rent under this Lease will cause Landlord
to incur costs not contemplated by this Lease, the exact amount of which is extremely difficult or impracticable to determine. Such costs include, but are not limited to, processing and accounting charges, late charges that may be imposed on
Landlord by the terms of any Security Instrument, and late charges and penalties that may be imposed due to late payment of Real Property Taxes. Therefore, if any installment of Base Monthly Rent or any payment of Additional Rent or other rent due
from Tenant is not received by Landlord in good funds by the date that is three (3) business days after its due date, Tenant shall pay to Landlord an additional sum equal to five percent (5%) of the amount overdue as a late charge; provided,
however, such late charge shall be waived for the first late payment of Rent in any calendar year provided Tenant makes such payment within three (3) business days after receipt of written notice. The parties acknowledge that this late charge
represents a fair and reasonable estimate of the costs that Landlord will incur by reason of late payment by Tenant. In no event shall this provision for a late charge be deemed to grant to Tenant a grace period or extension of time within which to
pay any rent or prevent Landlord from exercising any right or remedy available to Landlord upon Tenant’s failure to pay any rent due under this Lease in a timely fashion, including any right to terminate this Lease pursuant to
Section 13.2C. If any rent remains delinquent for a period in excess of thirty (30) days then, in addition to such late charge, Tenant shall pay to Landlord interest on any rent that is not paid when due at the Agreed Interest Rate
following the date such amount became due until paid. 

  
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 3.5 Security Deposit. Concurrently with its execution of this Lease, Tenant shall
deposit with Landlord the amount set forth in Section M of the Summary as security for the performance by Tenant of its obligations under this Lease, and not as prepayment of rent (the “Security Deposit”). Landlord may from time to
time apply such portion of the Security Deposit as is necessary for the following purposes: (i) to remedy any default by Tenant in the payment of rent; (ii) to repair damage to the Premises caused by Tenant; (iii) to clean the
Premises upon the expiration or sooner termination of the Lease; and/or (iv) to remedy any other default of Tenant to the extent permitted by Law, including, without limitation, on account of damages owing to Landlord under Section 13.2,
and, in this regard, Tenant hereby waives any restriction on the uses to which the Security Deposit may be put contained in California Civil Code Section 1950.7. In the event the Security Deposit or any portion thereof is so used, Tenant agrees
to pay to Landlord promptly upon demand an amount in cash sufficient to restore the Security Deposit to the full original amount. Landlord shall not be deemed a trustee of the Security Deposit, may use the Security Deposit in business, and shall not
be required to segregate it from its general accounts. Tenant shall not be entitled to any interest on the Security Deposit. If Landlord transfers the Premises during the Lease Term, Landlord may pay the Security Deposit to any transferee of
Landlord’s interest in conformity with the provisions of California Civil Code Section 1950.7 and/or any successor statute, in which event the transferring Landlord will be released from all liability for the return of the Security
Deposit. If Tenant performs every provision of this Lease to be performed by Tenant, the unused portion of the Security Deposit shall be returned to Tenant (or the last assignee of Tenant’s interest under this Lease) within fifteen
(15) days following the expiration or sooner termination of this Lease and the surrender of the Premises by Tenant to Landlord in accordance with the terms of this Lease. If this Lease is terminated following an Event of Tenant’s Default,
the unpaid portion of the Security Deposit, if any, shall be returned to Tenant two (2) weeks after final determination of all damages due Landlord, and, in this respect, the provisions of California Civil Code Section 1950.7 are hereby
waived by Tenant. 
 ARTICLE 4 

USE OF PREMISES 
 4.1
Limitation on Use. Tenant shall use the Premises solely for the Permitted Use specified in Section N of the Summary and for no other purpose whatsoever without the prior written consent of Landlord, which consent may be withheld and/or
conditioned by Landlord in its sole and absolute discretion. Tenant shall not do anything in or about the Premises which will (i) cause structural injury to the Building, or (ii) cause damage to any part of the Building except to the
extent reasonably necessary for the installation of Tenant’s Trade Fixtures and Tenant’s Alterations, and then only in a manner which has been first approved by Landlord in writing. Tenant shall not operate any equipment within the
Premises which will (i) materially damage the Building or the Common Area, (ii) overload existing electrical systems or other mechanical equipment servicing the Building, (iii) impair the efficient operation of the sprinkler system or
the heating ventilating or air conditioning (“HVAC”) equipment within or servicing the Building, or (iv) damage, overload or corrode the sanitary sewer system. Tenant shall not attach, hang or suspend anything from the ceiling, roof,
walls or columns of the Building other than photographs, projectors, whiteboards, and the like typically hung in similar office environments or set any load on the floor in excess of the load limits for which such items are designed nor operate hard
wheel forklifts within the Premises. Any dust, fumes, or waste products generated by Tenant’s use of the Premises shall be contained and disposed so that they do not (i) create an unreasonable fire or health hazard, (ii) damage the
Premises, or (iii) result in the violation of any Laws. Tenant shall not change the exterior of the Building or install any equipment or antennas on or make any penetrations of the exterior or roof of the Building. Tenant shall not commit any
waste in or about the Premises, and Tenant shall keep the Premises in a neat, clean, attractive and orderly condition, free of any nuisances. If Landlord designates a standard window covering for use throughout the Building, Tenant shall use this
standard window covering to cover all windows in the Premises. Tenant shall not conduct on any portion of the Premises or the Project any sale of any kind, including, without limitation, any public or private auction, fire sale, going-out-of-business sale, distress sale or other liquidation sale. 

  
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 4.2 Compliance with Regulations. Tenant shall not use the Premises in any manner
which violates any Laws or Private Restrictions which affect the Premises. Tenant shall abide by and promptly observe and comply with all Laws and Private Restrictions. Tenant shall not use the Premises in any manner which will cause a cancellation
of any insurance policy covering the Premises, the Building, Tenant’s Alterations or any improvements installed by Landlord at its expense or which poses an unreasonable risk of damage or injury to the Premises. Tenant shall not sell, or permit
to be kept, used, or sold in or about the Premises any article which may be prohibited by the standard form of fire insurance policy. Tenant shall comply with all reasonable requirements of any insurance company, insurance underwriter or Board of
Fire Underwriters which are necessary to maintain the insurance coverage earned by either Landlord or Tenant pursuant to this Lease. 
 4.3
Outside Areas. No materials, supplies, tanks or containers, equipment, finished products or semi-finished products, raw materials, inoperable vehicles or articles of any nature shall be stored upon or permitted to remain outside of the
Premises. 
 4.4 Signs. Tenant shall not place on any portion of the Premises any sign, placard, lettering in or on windows, banner,
displays or other advertising or communicative material which is visible from the exterior of the Building without the prior written approval of Landlord. All such approved signs shall strictly conform to all Laws, Private Restrictions, and any sign
criteria established by Landlord for the Building from time to time, and shall be installed at the expense of Tenant. Tenant shall maintain such signs in good condition and repair, and, upon the expiration or sooner termination of this Lease, remove
the same and repair any damage caused thereby, all at its sole cost and expense and to the reasonable satisfaction of Landlord. Landlord shall place Tenant’s name adjacent to the door to the Premises using Building standard suite signage at
Landlord’s sole cost and expense. Landlord shall also place Tenant’s name in the Building’s lobby directory and suite signage, at Landlord’s sole cost and expense. Any changes to Tenant’s name shall be paid for by Tenant, at
Tenant’s sole cost and expense. Subject to Tenant obtaining any required governmental permits, Tenant shall be entitled to place its name on the exterior of the Building (“Exterior Signage”), at Tenant’s sole cost and expense.
Landlord shall have the right to approve the size, design, location and color of Tenant’s name on the Exterior Signage, in Landlord’s reasonable discretion. Tenant shall maintain its name in good condition, at Tenant’s sole cost and
expense. Prior to the termination of the Lease, Tenant shall remove its name from the Exterior Signage and repair any damages caused by such removal. Except with respect to a Permitted Transfer, if at any time Tenant has assigned this Lease or has
subleased fifty percent (50%) or more of the usable square feet in the Premises, Landlord shall have the right, at Landlord’s option, at any time, upon not less than ninety (90) days advance written notice to Tenant, to require Tenant to
permanently remove its name from the Exterior Signage and to repair any damage to the Exterior Signage caused by such removal, at Tenant’s sole cost and expense. From and after the date of such removal, Tenant shall no longer have the right to
the Exterior Signage. Tenant shall reimburse Landlord for all costs and expenses associated with modification of any signage within ten (10) days after demand from Landlord. 

4.5 No Light, Air or View Easement. Any diminution or shutting off of light, air or view by any structure which may be erected on the
Project or any lands adjacent to the Project shall in no way affect this Lease or impose any liability on Landlord. 
 4.6 Parking.
Tenant is allocated and shall have the non-exclusive right to use the non-exclusive parking spaces located within the Project from time to time, for its use and the use
of Tenant’s Agents, in common with other tenants of the Project, the number of allocated parking spaces set forth in Section H of the Summary, the location of which parking spaces may be designated from time to time by Landlord. Tenant
shall not at any time use more parking spaces than the number so allocated to Tenant or park its vehicles or the vehicles of others in any portion of the Project not designated by Landlord as a non-exclusive
parking area. Tenant shall not have the exclusive right to use any specific parking space. If Landlord grants to any other tenant the exclusive right to use any particular parking space(s), Tenant shall not use such spaces, provided that
Tenant’s parking allocation under this Lease is not reduced. Tenant shall not park or store vehicles at the Project for more that (24) hours without the Landlord’s written consent in Landlord’s sole and absolute discretion. Such
unauthorized vehicles may be towed at Tenant’s expense. Landlord reserves the right, after having given Tenant reasonable notice, to have any vehicles owned by Tenant or Tenant’s Agents utilizing parking spaces in excess of the parking
spaces allowed for Tenant’s use to be towed away at Tenant’s cost. All trucks and delivery vehicles shall be (i) parked in such areas as Landlord may designate from time to time, (ii) loaded and unloaded in a manner which does
not interfere with the 

  
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businesses of other occupants of the Project, and (iii) permitted to remain on the Project only so long as is reasonably necessary to complete loading and unloading. In the event Landlord
elects or is required by any Law to limit or control parking in the Project, whether by validation of parking tickets or any other method of assessment, Tenant agrees to participate in such validation or assessment program under such rules and
regulations as are from time to time established by Landlord. 
 4.7 Rules and Regulations. Landlord may from time to time promulgate
such Rules and Regulations applicable to the Project and/or the Building as Landlord may, in its sole discretion, deem necessary or appropriate for the care and orderly management of the Project and the safety of its tenants and invitees. Such Rules
and Regulations shall be binding upon Tenant upon delivery of a copy thereof to Tenant, and Tenant agrees to abide by such Rules and Regulations. If there is a conflict between the Rules and Regulations and any of the provisions of this Lease, the
provisions of this Lease shall prevail. Landlord shall have the right, from time to time, to modify, amend and enforce the Rules and Regulations in a non- discriminatory manner, provided that such modification
and revisions are uniformly applied to all tenants within the Building. Landlord shall not be responsible for the violation by any other tenant of the Project of any such Rules and Regulations. 

4.8 Telecommunications. The use of the Premises by Tenant for the Permitted Use specified in Section N of the Summary shall not
include using the Premises to provide telecommunications services (including, without limitation, Internet connections) to third parties, it being intended that Tenant’s telecommunications activities within the Premises be strictly limited to
such activities as are incidental to general office use. 
 4.9 Occupant Density. Tenant shall maintain a ratio of not more than one
Occupant (as defined below) for each one hundred ninety (190) square feet of rentable area in the Premises (hereinafter, the “Occupant Density”). If Landlord has a reasonable basis to believe that Tenant is exceeding the Occupant
Density, upon request by Landlord, Tenant shall maintain on a daily basis an accurate record of the number of employees and contractors that are present in the Premises (collectively “Occupants”). Landlord shall have the right to audit
Tenant’s Occupant record and, at Landlord’s option, Landlord shall have the right to periodically visit the Premises without advance notice to Tenant in order to track the number of Occupants working at the Premises. For purposes of this
section, “Occupants” shall not include people not employed by Tenant that deliver or pick up mail or other packages at the Premises, employees of Landlord or employees of Landlord’s agents or contractors. Tenant acknowledges that
increased numbers of Occupants causes additional wear and tear on the Premises and the Common Areas, additional use of HVAC, electricity, water and other utilities, and additional demand for other Building services. Tenant’s failure to comply
with the requirements of this section shall constitute an Event of Tenant’s Default and Landlord shall have the right, in addition to any other remedies it may have at law or equity, to specifically enforce Tenant’s obligations under this
section. Nothing contained in this section shall be interpreted to entitle Tenant to use more parking spaces than the number permitted by this Lease. 

4.10 Landlord Charging Stations. Landlord may have previously installed or may elect to install in the future electric vehicle charging
stations at the Project for the use of persons working at the Project who drive electric vehicles (“Landlord Charging Stations”). Landlord may elect in its sole discretion to permit only certain persons working at the Project to use the
Landlord Charging Stations, and Landlord reserves the right, in its sole discretion, to determine, who will have the right to use the Landlord Charging Stations. If Landlord permits Tenant to use the Landlord Charging Stations, neither Tenant nor
any employee, agent, contractor or invitee shall have the right to use the Landlord Charging Stations prior to the execution by such party of a written agreement prepared by Landlord governing such person’s right to use the Landlord Charging
Stations (the “Electric Vehicle Charging Agreement”). The terms and conditions of the Electric Vehicle Charging Agreement shall be acceptable to Landlord, in Landlord’s sole discretion. Landlord and Tenant acknowledge that for
purposes of Tenant’s indemnity of Landlord set forth in this Lease, the use of the Landlord Charging Stations by Tenant Parties shall constitute a use of the Project by Tenant. The cost of installing, operating, maintaining and repairing the
Landlord Charging Stations may be included in Operating Expenses. Tenant acknowledges that the provisions of this Section shall not be deemed to be a representation by Landlord that Landlord will install or continuously maintain during the term of
this Lease Landlord Charging Stations, and Landlord shall have the right without liability to Tenant, in Landlord’s sole 

  
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discretion, not to install Landlord Charging Stations (if none now exist), to increase or decrease the number, type or location of Landlord Charging Stations from time to time or, at any time, to
eliminate all of the Landlord Charging Stations. Tenant’s obligations under this Lease are not contingent or conditioned upon the ability of Tenant Parties to use the Landlord Charging Stations or upon the existence of Landlord Charging
Stations. 
 4.11 Storage. Tenant may use, in common with other tenants of the Project, a reasonable amount of the storage space
located in the basement of the Building. There shall be no charge for such storage space during the initial sixty nine (69) month Lease term. Tenant acknowledges that the storage space is not secure, is used in common with other tenants of the
Project and such other tenants shall have access to Tenant’s property when accessing the storage space. Landlord shall have no liability for loss or damage to Tenant’s personal property located or stored in the storage space. 

ARTICLE 5 
 TRADE
FIXTURES AND ALTERATIONS 
 5.1 Trade Fixtures. Throughout the Lease Term, Tenant may provide and install, and shall maintain in
good condition, any Trade Fixtures required in the conduct of its business in the Premises; provided, however, if the installation of any Trade Fixtures will necessitate the making of any Tenant’s Alterations, then Tenant shall not be permitted
to make such installation unless and until the applicable Tenant’s Alterations have been approved by Landlord pursuant to Section 5.2. All Trade Fixtures shall remain Tenant’s property. 

5.2 Tenant’s Alterations. Construction by Tenant of Tenant’s Alterations shall be governed by the following: 

A. Tenant shall not construct any Tenant’s Alterations or otherwise alter the Premises without Landlord’s prior written approval,
which approval may be withheld and/or conditioned by Landlord in its sole and absolute discretion. Notwithstanding the foregoing, Tenant may make non structural alterations to the inside of the Premises (e.g., paint and carpet, communication
systems, telephone and computer system wiring) without Landlord’s consent, but upon at least ten (10) days prior written notice to Landlord, that do not (i) involve the expenditure of more than $10,000 in the aggregate in any calendar
year or more than $40,000 over the Lease Term, (ii) affect the exterior appearance of the Building, (iii) affect the Building’s electrical, plumbing, HVAC, life, fire, safety or security systems, (iv) affect the structural
elements of the Building or (v) adversely affect any other tenant of the Project. In the event Landlord’s approval for any Tenant’s Alterations is required, Tenant shall not construct the Tenant’s Alterations until Landlord has
approved in writing the plans and specifications therefore, and such Tenant’s Alterations shall be constructed substantially in compliance with such approved plans and specifications by a licensed contractor first approved by Landlord. All
Tenant’s Alterations constructed by Tenant shall be constructed by a reputable licensed contractor (approved in writing by Landlord) in accordance with all Laws using new materials of good quality. 

B. Tenant shall not commence construction of any Tenant’s Alterations until, as applicable, (i) all required governmental approvals
and permits have been obtained, (ii) all requirements regarding insurance imposed by this Lease have been satisfied, (iii) Tenant has given Landlord at least five (5) days’ prior written notice of its intention to commence such
construction, and (iv) if requested by Landlord, Tenant has obtained contingent liability and broad form builders* risk insurance in an amount reasonably satisfactory to Landlord if there are any perils relating to the proposed construction not
covered by insurance earned pursuant to Article 9. 
 C. All Tenant’s Alterations shall remain the property of Tenant during the Lease
Term but shall not be altered or removed from the Premises. At the expiration or sooner termination of the Lease Term, all Tenant’s Alterations shall be surrendered to Landlord as part of the realty and shall then become Landlord’s
property, and Landlord shall have no obligation to reimburse Tenant for all or any portion of the value or cost thereof; provided, however, Landlord expressly reserves the right to require Tenant to remove

  
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any Tenant’s Alterations requiring Landlord’s consent hereunder, prior to the expiration or sooner termination of the Lease Term by providing Tenant with written notice thereof prior to
or upon such expiration or sooner termination. Notwithstanding the foregoing, if Tenant requests in writing a determination from Landlord at the time it requests Landlord’s consent to a Tenant Alteration whether or not Landlord will require
removal of such Tenant Alteration, Landlord shall so notify Tenant in writing concurrently with its granting of consent to such Tenant Alteration (if Landlord so consents thereto). Landlord’s failure to so notify Tenant shall be deemed
Landlord’s election to require removal of such Tenant Alteration and restoration of the Premises to its prior condition. 
 5.3
Alterations Required by Law. Tenant shall, at its sole cost and expense, make any alteration, addition or change of any sort to the Premises, the Building and the Project, that is required by any Law because of (i) Tenant’s
particular use or change of use of the Premises; (ii) Tenant’s application for any permit or governmental approval; (iii) Tenant’s construction or installation of any Tenant’s Alterations or Trade Fixtures; or (iv) an
Event of Tenant’s Default Any such alterations, additions or changes shall be made by Tenant in accordance with and subject to the provisions of Section 5.2. Any other alteration, addition, or change required by Law which is not the
responsibility of Tenant pursuant to the foregoing shall be made by Landlord (subject to Landlord’s right to reimbursement from Tenant specified in Section 5.4). 

5.4 Amortization of Certain Capital Improvements. Tenant shall pay as part of Operating Expenses in the event Landlord reasonably
elects or is required to make any of the following kinds of capital improvements to the Project and the cost thereof is not the responsibility of Tenant pursuant to Section 5.3: (i) capital improvements required to be constructed in order to
comply with any Laws (including compliance with any Hazardous Materials Laws, other than where such compliance is necessitated by reason of the particular use of Hazardous Materials by any tenant or related party or in connection with the
remediation of any contamination caused by any tenant or related party, which matters are governed by Section 7.2 below) not in effect or applicable to the Project as of the Effective Date; (ii) modification of existing or construction of
additional capital improvements or building service equipment for the purpose of reducing the consumption of utility services or Operating Expenses; (iii) replacement of capital improvements or building service equipment existing as of the
Effective Date when required because of normal wear and tear; and (iv) restoration of any part of the Project that has been damaged by any peril to the extent the cost thereof is not covered by insurance proceeds actually recovered by Landlord
up to a maximum amount per occurrence of ten percent (10%) of the then replacement cost of the Project. The amount included in Operating Expenses with respect to each such capital improvement shall be determined as follows: 

A. All costs paid by Landlord to construct such improvements (including financing costs) shall be amortized over the useful life of such
improvement (as reasonably determined by Landlord in accordance with generally accepted accounting principles) with interest on the unamortized balance at the then prevailing market rate Landlord would pay if it borrowed funds to construct such
improvements from an institutional lender; and 
 B. The annual amount included in Operating Expenses shall be amortized once such
improvements are completed until the first to occur of (i) the expiration of the Lease Term (as it may be extended), or (ii) the end of the term over which such costs were amortized. 

5.5 Mechanic’s Liens. Tenant shall keep the Project free from any liens and shall pay when due all bills arising out of any work
performed, materials furnished, or obligations incurred by or at the direction of Tenant or Tenant’s Agents relating to the Project. If Tenant fails to cause the release of record of any lien(s) filed against the Project (or any portion
thereof) or its leasehold interest therein by payment or posting of a proper bond within ten (10) days from the date of the lien filing(s), then Landlord may, at Tenant’s expense, cause such lien(s) to be released by any means Landlord
deems proper, including, but not limited to, payment of or defense against the claim giving rise to the lien(s). All sums disbursed, deposited or incurred by Landlord in connection with the release of the lien(s) shall be due and payable by Tenant
to Landlord on demand by Landlord, together with interest at the Agreed Interest Rate from the date of demand until paid by Tenant. 

  
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 5.6 Taxes on Tenant’s Property. Tenant shall pay before delinquency any and all
taxes, assessments, license fees and public charges levied, assessed or imposed against Tenant or Tenant’s estate in this Lease or the property of Tenant situated within the Premises which become due during the Lease Term, including, without
limitation, Tenant’s Alterations and Trade Fixtures. If any tax or other charge is assessed by any governmental agency because of the execution of this Lease, such tax shall be paid by Tenant. On demand by Landlord, Tenant shall furnish
Landlord with satisfactory evidence of these payments. 
 5.7 Wi-Fi Network. In the event
Tenant desires to install wireless intranet, Internet and communications network (“Wi Fi Network”) in the Premises for the use by Tenant and its employees, then the same shall be subject to the provisions of this Section (in addition to
the other provisions of this Article 5). In the event Landlord consents to Tenant’s installation of such Wi-Fi Network, Tenant shall, in accordance with Section 5.8 below, remove the Wi Fi Network
from the Premises prior to the termination of the Lease. Tenant shall use the Wi Fi Network so as not to cause any interference to other tenants in the Project or with any other tenant’s communication equipment, and not to damage the Project or
interfere with the normal operation of the Project and Tenant hereby agrees to indemnify, defend and hold Landlord harmless from and against any and all claims, costs, damages, expenses and liabilities (including attorneys’ fees) arising out of
Tenant’s failure to comply with the provisions of this Section, except to the extent same is caused by the negligence or willful misconduct of Landlord and which is not covered by the insurance carried by Tenant under this Lease (or which would
not be covered by the insurance required to be carried by Tenant under this Lease). Should any interference occur, Tenant shall take all necessary steps as soon as reasonably possible and no later than three (3) calendar days following such
occurrence to correct such interference. If such interference continues after such three (3) day period, Tenant shall immediately cease operating such Wi Fi Network until such interference is corrected or remedied to Landlord’s
satisfaction. Tenant acknowledges that Landlord has granted and/or may grant telecommunication rights to other tenants and occupants of the Project and to telecommunication service providers and in no event shall Landlord be liable to Tenant for any
interference of the same with such Wi Fi Network. Landlord makes no representation that the Wi Fi Network will be able to receive or transmit communication signals without interference or disturbance. Tenant shall (i) be solely responsible for
any damage caused as a result of the Wi Fi Network, (ii) promptly pay any tax, license or permit fees charged pursuant to any laws or regulations in connection with the installation, maintenance or use of the Wi Fi Network and comply with all
precautions and safeguards recommended by all governmental authorities, and (iii) pay for all necessary repairs, replacements to or maintenance of the Wi Fi Network. 

5.8 Removal of Cabling, Wiring and Wi-Fi Network. Upon expiration or termination of this Lease,
Tenant shall, if requested by Landlord and without expense to Landlord, remove or cause to be removed from the Premises all telephone, data, and other cabling and wiring (including any cabling, wiring, control panels or sensors associated with the
Wi Fi Network, audio/visual system, electronic communication system or security system, if any) existing in or serving the Premises installed for, by or caused to be installed by or for Tenant (including any cabling and wiring, installed above the
ceiling of the Premises or below the floor of the Premises) and all debris and rubbish related thereto, and such similar articles of any other persons claiming under Tenant, as Landlord may, in its sole discretion, require to be removed, and Tenant
shall repair at its own expense all damage to the Premises and Building resulting from such removal. 
 5.9 Electrical Vehicle Charging
Stations Installed by Tenant. Under certain circumstances Section 1952.7 of the California Civil Code (“Section 1952.7”) may permit Tenant to install electric vehicle charging stations (“Tenant Charging Stations”)
in the Project’s parking area. In the event Section 1952.7 does permit Tenant to install Tenant Charging Stations and Tenant elects to install Tenant Charging Stations, the Section of the Rules and Regulations attached hereto that is
entitled “Electric Vehicle Charging Stations” shall apply to the Tenant Charging Stations. 

  
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 ARTICLE 6 

REPAIR AND MAINTENANCE 

6.1 Tenant’s Obligation to Maintain. By taking possession of the Premises, Tenant shall be deemed to have accepted the Premises as
being in good, sanitary order, condition and repair. Tenant shall, at Tenant’s sole cost and expense, keep the Premises and every part thereof in good condition and repair, damage thereto from causes beyond the control of Tenant and ordinary
wear and tear excepted. Tenant shall upon the expiration or sooner termination of this Lease hereof surrender the Premises in the condition described in Section 15.2. Except as specifically provided in an addendum, if any, to this Lease,
Landlord shall have no obligation whatsoever to alter, remodel, improve, decorate or paint the Premises or any part thereof and the parties hereto affirm that Landlord has made no representations to Tenant respecting the condition of the Premises or
the Building except as expressly herein set forth. 
 6.2 Landlord’s Obligation to Maintain. Landlord shall repair and maintain,
in reasonably good condition, except as provided in Sections 11.2 and 12.3, the following: (i) the structural components of the Building, (ii) the Common Area of the Building, and (iii) the electrical, life safety, plumbing, sewage
and HVAC systems serving the Building, installed or furnished by Landlord. It is an express condition precedent to all Landlord’s obligations to repair and maintain that Tenant shall have first notified Landlord in writing of the need for such
repairs and maintenance. The cost of such maintenance, repair and services shall be included as part of Operating Expenses unless such maintenance, repairs or services are necessitated, in whole or in part, by the act, neglect, fault or omission of
Tenant or Tenant’s Agents, in which case Tenant shall pay to Landlord the cost of such maintenance, repairs and services within ten (10) days following Landlord’s written demand therefore. Tenant hereby waives all rights provided for
by the provisions of Sections 1941 and 1942 of the California Civil Code and any present or future Laws regarding Tenant’s right to make repairs at the expense of Landlord and/or to terminate this Lease because of the condition of the Premises.

 6.3 Control of Common Area. Landlord shall at all times have exclusive control of the Common Area. Landlord shall have the right,
exercisable in its sole and absolute discretion and without the same constituting an actual or constructive eviction and without entitling Tenant to any abatement of rent, to: (i) close any part of the Common Area to whatever extent required in
the opinion of Landlord’s counsel to prevent a dedication thereof or the accrual of any prescriptive rights therein; (ii) temporarily close the Common Area to perform maintenance or for any other reason deemed sufficient by Landlord;
(iii) change the shape, size, location and extent of the Common Area; (iv) eliminate from or add to the Project any land or improvement, including multi-deck parking structures; (v) make changes to the Common Area,
including, without limitation, changes in the location of driveways, entrances, passageways, doors and doorways, elevators, stairs, restrooms, exits, parking spaces, parking areas, sidewalks or the direction of the flow of traffic and the site of
the Common Area; (vi) remove unauthorized persons from the Project; and/or (vii) change the name or address of the Building or Project. Tenant shall keep the Common Area clear of all obstructions created or permitted by Tenant. If, in the
opinion of Landlord, unauthorized persons are using any of the Common Area by reason of the presence of Tenant in the Building, Tenant, upon demand of Landlord, shall restrain such unauthorized use by appropriate proceedings. In exercising any such
rights regarding the Common Area, (i) Landlord shall make a reasonable effort to minimize any disruption to Tenant’s business, and (ii) Landlord shall not exercise its rights to control the Common Area in a manner that would
materially interfere with Tenant’s use of the Premises without first obtaining Tenant’s consent, which consent shall not be unreasonably withheld, conditioned or delayed. 

ARTICLE 7 
 WASTE
DISPOSAL AND UTILITIES 
 7.1 Waste Disposal. Tenant shall store its waste either inside the Premises or within outside trash
enclosures provided by Landlord 

  
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 7.2 Hazardous Materials. Landlord and Tenant agree as follows with respect to the
existence or use of Hazardous Materials in, on or about the Project: 
 A. Except as otherwise permitted pursuant to Section 7.2C
below, any handling, transportation, storage, treatment, disposal or use of Hazardous Materials by Tenant and Tenant’s Agents after the Effective Date in or about the Project is strictly prohibited. Tenant shall indemnify, defend upon demand
with counsel reasonably acceptable to Landlord and hold harmless Landlord from and against any liabilities, losses, claims, damages, lost profits, consequential damages, interest, penalties, fines, monetary sanctions, attorneys’ fees,
experts’ fees, court costs, remediation costs, investigation costs, and other expenses which result from or arise in any manner whatsoever out of the use, storage, treatment, transportation, release, or disposal of any Hazardous Materials on or
about the Project caused or permitted by Tenant or Tenant’s Agents. 
 B. If the presence of Hazardous Materials in, on or about the
Project caused or permitted by Tenant or Tenant’s Agents results in contamination or deterioration of water or soil resulting in a level of contamination greater than the levels established as acceptable by any governmental agency having
jurisdiction over such contamination, then Tenant shall promptly take any and all action necessary to investigate and remediate such contamination if required by Law or as a condition to the issuance or continuing effectiveness of any governmental
approval which relates to the use of the Project or any part thereof. Tenant shall further be solely responsible for, and shall defend indemnify and hold Landlord and its Agents harmless from and against, all claims, costs and liabilities,
including, without limitation, attorneys’ fees and costs, arising out of or in connection with any investigation and remediation required hereunder to return the Project to its condition existing prior to the appearance of such Hazardous
Materials. 
 C. Tenant shall give written notice to Landlord as soon as reasonably practicable of (i) any communication received from
any governmental authority concerning Hazardous Materials which relates to the Project, and (ii) any contamination of the Project by Hazardous Materials which constitutes a violation of any Hazardous Materials Laws. Tenant may use small
quantities of household chemicals such as adhesives, lubricants and cleaning fluids in order to conduct its business at the Premises and such other Hazardous Materials as are reasonably necessary for the operation of Tenant’s business of which
Landlord receives notice prior to such Hazardous Materials being brought onto the Premises and which Landlord consents in writing may be brought onto the Premises. Any such permitted use of Hazardous Materials shall be undertaken by Tenant, at its
sole cost and expense, in strict compliance with all Laws (including, without limitation, Hazardous Materials Laws), including, without limitation, the construction of any capital improvements that may be required by reason of such use of Hazardous
Materials. At any time during the Lease Term, Tenant shall within five (5) days after written request therefore received from Landlord, disclose in writing all Hazardous Materials that are being used by Tenant in, on or about the Project, the
nature of such use, and the manner of storage and disposal. 
 D. Landlord may cause testing wells to be installed on the Project, and may
cause the ground water to be tested to detect the presence of Hazardous Materials by the use of such tests as are then customarily used for such purposes. If Tenant so requests, Landlord shall supply Tenant with copies of such test results. The cost
of such tests and of the installation, maintenance, repair and replacement of such wells shall be paid by Tenant if such tests disclose the existence of facts which give rise to liability of Tenant pursuant to its indemnity given in
Section 7.2A and/or Section 7.2B. 
 E. As used herein, the term “Hazardous Materials” means any hazardous or toxic
substance, material or waste which is or becomes regulated by any local governmental authority, the State of California or the United States government. The term “Hazardous Materials” includes, without limitation, petroleum products,
asbestos, PCB’s, and any material or substance which is (i) listed under Article 9 or defined as hazardous or extremely hazardous pursuant to Article 11 of Title 22 of the California Administrative Code, Division 4, Chapter 20, (ii) deemed
as a “hazardous waste” pursuant to Section 1004 of the Federal Resource Conservation and Recovery Act, 42 U.S.C. 6901 et seq. (42 U.S.C. 6903), or (iii) defined as a “hazardous substance” pursuant to Section 101 of
the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. 9601 et seq. (42 U.S.C. 9601). As used herein, the term “Hazardous Material Law(s)” shall mean any statute, law, ordinance, or regulation of any
governmental body or agency (including the U.S. Environmental Protection Agency, the California Regional Water Quality Control Board, and the California Department of Health Services) which regulates the use, storage, release or disposal of any
Hazardous Materials. 

  
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 F. Tenant shall have no liability or responsibility with respect to the Hazardous Materials
existing at the Premises as of the Commencement Date, nor with respect to any Hazardous Materials which Tenant proves were neither released, caused or permitted by Tenant, its agents, employees, contractors, licensees or invitees. Landlord shall
take responsibility, at its sole cost and expense, for any governmentally-ordered clean-up, remediation, removal, disposal, neutralization or other treatment of Hazardous Materials conditions described in this
Section 7.2(f). The foregoing obligation on the part of Landlord shall include the reasonable costs (including, without limitation, reasonable attorney’s fees) of defending Tenant from and against any legal action or proceeding instituted
by any governmental agency in connection with such clean-up, remediation, removal, disposal, neutralization or other treatment of such conditions, provided that Tenant promptly tenders such defense to
Landlord. Tenant agrees to notify its agents, employees, contractors, licensees, and invitees of any exposure or potential exposure to Hazardous Materials at the Premises that Landlord brings to Tenant’s attention. 

G. The obligations of Landlord and Tenant under this Section 7.2 shall survive the expiration or earlier termination of the Lease Term.
Except as otherwise provided in Section 5.4(i) above, the rights and obligations of Landlord and Tenant with respect to issues relating to Hazardous Materials are exclusively established by this Section 7.2. In the event of any
inconsistency between any other part of this Lease and this Section 7.2, the terms of this Section 7.2 shall control. 
 7.3
Utilities. Except as otherwise provided in this Section 7.3, all charges for water, gas, electricity, sewer service, waste pick-up and other utilities shall be included as part of Operating
Expenses. Notwithstanding the foregoing, (i) Tenant shall be responsible for the payment of all telecommunications services provided to the Premises, and (ii) if Landlord determines that Tenant is using a disproportionate amount of any
utility service, then Landlord at its election may (a) periodically charge Tenant, as Additional Rent, a sum equal to Landlord’s reasonable estimate of the cost of Tenant’s excess use of such utility service, or (b) install a
separate meter (at Tenant’s expense) to measure the utility service supplied to the Premises and periodically charge Tenant, as Additional Rent, a sum equal to the cost of Tenant’s excess use of such utility service as measured by such
separate meter. 
 7.4 Utilities and Services. 

(a) Provided that there are no uncured Events of Tenant’s Default, Landlord agrees to furnish or cause to be furnished to the Premises
(i) the utilities and services described in Section 7.3 above; and (ii) janitorial services five days per week as reasonably determined by Landlord, subject to the conditions and in accordance with the standards set forth therein.
Landlord shall not be in default hereunder or be liable for any damages directly or indirectly resulting from, nor shall rent be abated by reason of failure to furnish any of the foregoing items as a result of (a) accident, breakage or repairs;
(b) strikes, lockouts or other labor disturbance or labor dispute of any character; (c) governmental regulation, moratorium or other governmental action; (d) inability, despite the exercise of reasonable diligence, to obtain any of
the foregoing utilities or services; (e) interruption necessary to install or repair facilities in the Building, or (f) any other causes beyond Landlord’s reasonable control. In the event of any failure, stoppage or interruption of
such utilities or services, Landlord shall diligently attempt to promptly resume the utilities or service in question. Landlord shall furnish space heating and cooling as normal seasonal changes may require to provide reasonably comfortable space
temperature and ventilation for occupants of the Premises under normal business operation, Monday through Friday from 7:00 a.m. to 7:00 p.m., and Saturdays from 10:00 a.m. to 2:00 p.m., excepting legal holidays. After hours heating, venting and air
conditioning will be billed Tenant at market rates as reasonably determined by Landlord. Cold water at temperatures supplied by the local utility water mains for drinking, lavatory, and toilet purposes and water for lavatory purposes only from
regular building supply at prevailing temperatures; provided however, that Landlord may at Tenant’s expense, install a meter or meters to measure the water supply to any kitchen (including dishwashing) and restaurant areas in Premises, in which
case Tenant shall upon Landlord’s request reimburse Landlord for the cost of the water consumed in such areas and the sewer use charge results therefrom. Landlord, at its 

  
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option, may require separate meter and bill to Tenant for the electric power required for any special equipment (such as computers and reproduction equipment) that require either 3-phase electric power or any voltage other than 120. Landlord will furnish and install as an Operating Expense all replacement lighting tubes, lamps, and ballasts required by Tenant. Landlord will clean lighting
fixtures on a regularly scheduled basis as an Operating Expense. 
 (b) Notwithstanding anything to the contrary contained in this Lease, in
the event that Tenant is prevented from using, and does not use, the Premises or any portion thereof, for five (5) consecutive business days (the “Eligibility Period”) as a result of any repair, maintenance or alteration performed by
Landlord to the Premises or failure to repair or maintain the Premises after the Commencement Date and caused by the Landlord’s negligence or willful misconduct, which substantially interferes with Tenant’s use of the Premises, or any
failure to provide services or access to the Premises due to Landlord’s default, then Tenant’s rent shall be abated or reduced, as the case may be, after expiration of the Eligibility Period for such time that Tenant continues to be so
prevented from using, and does not use, the Premises or a portion thereof, in the proportion that the rentable area of the portion of the Premises that Tenant is prevented from using, and does not use, bears to the total rentable area of the
Premises. However, in the event that Tenant is prevented from conducting, and does not conduct, its business in any portion of the Premises for a period of time in excess of the Eligibility Period, and the remaining portion of the Premises is not
sufficient to allow Tenant to effectively conduct its business therein, and if Tenant does not conduct its business from such remaining portion, then for such time after expiration of the Eligibility Period during which Tenant is so prevented from
effectively conducting its business therein, the rent for the entire Premises shall be abated; provided, however, if Tenant reoccupies and conducts its business from any portion of the Premises during such period, the rent allocable to such
reoccupied portion, based on the proportion that the rentable area of such reoccupied portion of the Premises bears to the total rentable area of the Premises, shall be payable by Tenant from the date such business operations commence. 

7.5 Compliance with Regulations. Tenant shall comply with all rules, regulations and requirements promulgated by national, state or
local governmental agencies or utility suppliers concerning the use of utility services, including, without limitation, any rationing, limitation or other control, together with all rules, regulations and requirements promulgated by Landlord from
time to time to conserve utilities and/or reduce utilities costs. Except as set forth in Article 7.4(b) above, Tenant shall not be entitled to terminate this Lease nor to any abatement in rent by reason of such compliance. 

7.6 Window Treatments: Landlord reserves the right, exercisable in its sole and absolute discretion, to install and/or apply any
treatments to the interior and/or exterior surfaces of any windows of the Premises as Landlord may from time to time desire. 
 7.7
Supplemental HVAC. If the Premises contains a computer room, telecommunications room or other area that is solely serviced by a separate HVAC unit on a continuous basis (a “Separate HVAC Unit”), Tenant shall pay at Tenant’s
sole expense the entire cost of all electricity used by the Separate HVAC Unit (the “Separate HVAC Unit Electrical Cost”). No portion of the Separate HVAC Unit Electrical Cost shall be paid by Landlord, and Tenant shall not be entitled to
receive any credit towards Separate HVAC Unit Electrical Costs for electricity used by the Separate HVAC Unit during Business Hours. Landlord may determine the Separate HVAC Unit Electrical Cost by installing, at Landlord’s expense, a separate
metering device or by estimating the cost of such usage. The Separate HVAC Unit Electrical Cost shall be paid by Tenant within ten (10) days after Landlord provides to Tenant a bill for such usage. In addition, if there is an existing Separate
HVAC Unit in the Premises when Tenant leases the Premises, Tenant accepts such existing Separate HVAC Unit in its “as is” condition. Tenant shall pay, at Tenant’s sole cost and expense, the entire cost of maintaining, repairing and,
when necessary, replacing any Separate HVAC Unit. Tenant shall continuously maintain, at Tenant’s sole cost and expense, maintenance contracts for all Separate HVAC Units, using maintenance contract forms and with companies approved by
Landlord, in Landlord’s sole discretion (the “Maintenance Contracts”). Tenant shall provide copies of the Maintenance Contracts to Landlord within ten (10) days after the Commencement Date, and within ten (10) days after
such contracts are modified or renewed, and at other times upon Landlord’s request. 

  
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 ARTICLE 8 

OPERATING EXPENSES 
 8.1
Tenant’s Obligation to Reimburse. As Additional Rent, Tenant shall pay Tenant’s Share (specified in Section G of the Summary) of the amount (if any) by which Operating Expenses paid or incurred in any calendar year during the
Lease Term exceeds the Operating Expense Base Amount identified in Section P of the Summary (which excess is referred to herein as the “Excess Expenses”) for any annual period or portion hereof. The following provision shall apply
to the foregoing obligation of Tenant: 
 A. Payment shall be made by whichever of the following methods is from time to time designated by
Landlord, and Landlord reserves the right to change the method of payment at any time in its sole and absolute discretion. After each calendar year during the Lease Term, Landlord may invoice Tenant for Tenant’s Share of the Excess Expenses for
such calendar year, and Tenant shall pay such amounts so invoiced within thirty (30) days after receipt of such notice. Alternatively, (i) Landlord shall deliver to Tenant Landlord’s reasonable estimate of the Excess Expenses it
anticipates will be paid or incurred for the calendar year in question; (ii) during such calendar year, Tenant shall pay such Tenant’s Share of the estimated Excess Expenses in advance in equal monthly installments due with each
installment of Base Monthly Rent; and (iii) within one hundred twenty (120) days after the end of such calendar year (or as soon thereafter as is reasonably practical), Landlord shall furnish to Tenant a statement in reasonable detail of
the actual Excess Expenses paid or incurred by Landlord in accordance with this paragraph during the just ending calendar year. If Tenant’s estimated payments are less than Tenant’s Share of actual Excess Expenses as shown by the
applicable statement, Tenant shall pay the difference to Landlord within fifteen (15) days after delivery of such statement. If Tenant shall have overpaid Tenant’s Share of actual Excess Expenses, then Landlord shall credit such
overpayment toward Tenant’s next installment payment of Tenant’s Share of estimated Excess Expenses. When the final determination is made of Tenant’s Share of actual Excess Expenses for the calendar year in which this Lease expires or
sooner terminates, Tenant shall, even though this Lease has terminated, pay the difference to Landlord within fifteen (15) days after delivery of the final statement. Conversely, any overpayment by Tenant shall be rebated by Landlord to Tenant
concurrently with the delivery of such final statement. 
 B. Within sixty (60) days after the date of Tenant’s receipt of
Landlord’s statement of actual Excess Expenses for any calendar year, Tenant may give Landlord written notice of its intent to review records, invoices and receipts relating to the actual Excess Expenses for such calendar year. Tenant shall
provide Landlord with at least ten (10) days prior written notice of the date upon which it intends to review such records, invoices and receipts. The review shall be performed during normal business hours at Landlord’s principal place of
business or such other location as may be designated by Landlord, and shall be performed at Tenant’s sole cost and expense. Promptly following Tenant’s review of such records, invoices and receipts, Tenant shall provide Landlord with a
copy of the results of such review and Tenant’s conclusions regarding any overstatement or understatement by Landlord of actual Excess Expenses for such calendar year. If Landlord disputes Tenant’s conclusions regarding any such
overstatement or understatement, Landlord shall select a certified public accountant (which accountant may be Landlord’s accountant) (“Auditor”) to review the accuracy of Tenant’s determination. During such Auditor’s review,
Tenant shall continue to pay, without abatement or offset, all Base Monthly Rent and Additional Rent (as calculated by Landlord) payable by Tenant under this Lease. Tenant shall be responsible for the cost and expense of such audit unless the
Auditor finds greater than an overall five percent (5%) discrepancy resulting in overpayment by Tenant. In the event that the Auditor finds greater than an overall five percent (5%) discrepancy resulting in overpayment by Tenant then Landlord shall
reimburse Tenant for the reasonable, third party, out of pocket cost and expense of the Audit in an amount not to exceed One Thousand Five Hundred Dollars ($1,500.00), which reimbursement shall be made by Landlord to Tenant within thirty
(30) days following Landlord’s receipt of Tenant’s written demand therefor, together with satisfactory evidence of the sums paid by Tenant for such Audit. The Auditor’s decision shall be final arid binding on the parties. In the
event Tenant fails to object in writing to Landlord’s determination of actual Excess Expenses within sixty (60) days following delivery of Landlord’s statement, Landlord’s determination of actual Excess Expenses for the
applicable calendar year shall be conclusive and binding on Tenant and any future claims to the contrary shall be barred. 

  
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 8.2 Operating Expenses Defined. The term “Operating Expenses” shall be
determined as if the Project were at least ninety five percent (95%) occupied, with the Operating Expenses based on actual Operating Expenses if ninety five percent (95%) or greater occupancy, and shall mean the following: 

A. All costs and expenses paid or incurred by Landlord in doing the following (including payments to independent contractors providing
services related to the performance of the following): (i) maintaining, cleaning, repairing and resurfacing the roof (including repair of leaks) and the exterior surfaces (including painting) of all buildings located on the Project and maintaining
and repairing the structural components of the Building; (ii) maintenance of the liability, fire, property damage and any other insurance covering the Project carried by Landlord pursuant to Section 9.2 or otherwise (including the
prepayment of premiums for coverage of up to one year); (iii) maintaining, repairing, operating and replacing when necessary HVAC equipment, utility facilities and other building service equipment; (iv) providing utilities to the Project
(including lighting, trash removal and water for landscaping irrigation); (v) complying with all applicable Laws and Private Restrictions; (vi) operating, maintaining, repairing, cleaning, painting, restriping and resurfacing the Common Area;
(vii) replacement or installation of lighting fixtures, directional or other signs and signals, irrigation systems, trees, shrubs, ground cover and other plant materials, and all landscaping in the Common Area; (viii) providing the
utilities and services described in this Lease other than those which are described as being separately chargeable to Tenant; (ix) providing security, if any; and (x) to the extent Landlord elects to include such in Operating Expenses,
costs incurred pursuant to Section 5.4; 
 B. The following costs: (i) Real Property Taxes as defined in Section 8.3; (ii)
the amount of any deductible paid by Landlord under any insurance maintained by Landlord; (iii) the cost to repair damage caused by an Uninsured Peril up to a maximum amount in any twelve (12) month period equal to four percent (4%) of the
replacement cost of the Project; and (iv) that portion of all compensation (including benefits and premiums for workers* compensation and other insurance) paid to or on behalf of employees (at or below the level of property manager) of Landlord
but only to the extent they are involved in the performance of the work described by Sections 8.2A or 8.2D that is fairly allocable to the Project; 

C. Fees for management services rendered by either Landlord or a third party manager engaged by Landlord (which may be a party affiliated with
Landlord), including the fair market rental value of any management office associated with the Project. Notwithstanding the foregoing, the property management fee charged by Landlord shall not exceed that charged by similarly situated landlords as
determined by competitive bids sought by Landlord not less frequently than every twenty four (24) months; and 
 D. All additional
costs and expenses incurred by Landlord with respect to the operation, protection, maintenance, repair and replacement of the Project which would be considered a current expense (and not a capital expenditure but subject to Tenant’s obligations
under Section 5.4) pursuant to generally accepted accounting principles; provided, however, that Operating Expenses shall not include any of the following: (i) debt payments on any loans affecting the Project; (ii) depreciation of any
buildings or any major systems of building service equipment within the Project; (iii) leasing commissions; and (iv) the cost of tenant improvements installed for the exclusive use of other tenants of the Project. 

8.3 Real Property Taxes. The term “Real Property Taxes” shall mean all taxes, assessments, levies, and other charges of any
kind or nature whatsoever, general and special, foreseen and unforeseen (including all installments of principal and interest required to pay any existing or future general or special assessments for public improvements, services or benefits, and
any increases resulting from reassessments resulting from a change in ownership, new construction, or any other cause), now or hereafter imposed by any governmental or quasi-governmental authority or special district having the direct or indirect
power to tax or levy assessments, which are levied or assessed against, or with respect to the value, occupancy or use of all or any portion of the Project (as now constructed or as may at any time hereafter be constructed, altered or otherwise
changed) or Landlord’s interest therein, the fixtures, equipment and other property of Landlord, real or personal, that are an integral part of and located on the Project, the gross receipts, income, or rentals from the Project, or the use of
parking areas, public utilities, or energy within the Project, or Landlord’s business of leasing the Project. If at any time during the Lease 

  
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Term the method of taxation or assessment of the Project prevailing as of the Effective Date shall be altered so that in lieu of or in addition to any Real Property Taxes described above there
shall be levied, assessed or imposed (whether by reason of a change in the method of taxation or assessment, creation of a new tax or charge, or any other cause) an alternate or additional tax or charge (i) on the value, use or occupancy of the
Project or Landlord’s interest therein, or (ii) on or measured by the gross receipts, income or rentals from the Project, on Landlord’s business of leasing the Project, or computed in any manner with respect to the operation of the
Project, then any such tax or charge, however designated, shall be included within the meaning of the term “Real Property Taxes” for purposes of this Lease. If any Real Property Tax is based upon property or rents unrelated to the Project,
then only that part of such Real Property Taxes that is fairly allocable to the Project shall be included within the meaning of the term “Real Property Taxes.” Notwithstanding the foregoing the term “Real Property Taxes” shall
not include estate, inheritance, transfer, gift or franchise taxes of Landlord or the federal or state net income tax imposed on Landlord’s income from all sources. “Real Property Taxes” shall also include any costs and expenses
incurred by Landlord in connection with appealing and/or contesting any Real Property Taxes. 
 ARTICLE 9 

INSURANCE 
 9.1
Tenant’s Insurance. Tenant shall maintain insurance complying with all of the following: 
 A. Tenant shall procure, pay for and
keep in full force and effect the following: 
 (1) Commercial general liability insurance, including property damage,
against liability for personal injury, bodily injury, death and damage to property occurring in or about, or resulting from an occurrence in or about, the Premises with combined single limit coverage of not less than the amount of Tenant’s
Liability Insurance Minimum specified in Section Q of the Summary, which insurance shall contain a “contractual liability” endorsement insuring Tenant’s performance of Tenant’s obligation to indemnify Landlord contained in
Section 10.3, and which may be procured through a combination of commercial general liability insurance and so called “umbrella coverage”; 

(2) Fire and property damage insurance in so-called “all risk” form insuring
Tenant’s Trade Fixtures and Tenant’s Alterations for the full actual replacement cost thereof; and 
 (3) Such
other insurance that from time to time is either (i) required by any Lender, or (ii) reasonably required by Landlord and customarily carried by tenants of similar property in similar businesses in the vicinity of the Project. 

B. Each policy of insurance required to be carried by Tenant pursuant to this Section 9.1: (i) shall name Landlord and such other parties
in interest as Landlord reasonably designates as additional insured; (ii) shall be primary insurance which provides that the insurer shall be liable for the full amount of the loss up to and including the total amount of liability set forth in
the declarations without the right of contribution from any other insurance coverage of Landlord; (iii) shall be in a form satisfactory to Landlord; (iv) shall be carried with companies reasonably acceptable to Landlord and having a rating
of A+, AAA or better in “Best’s Insurance Guide;” (v) shall provide that such policy shall not be subject to cancellation, lapse or change except after at least thirty (30) days prior written notice to Landlord so long as such
provision of thirty (30) days notice is reasonably obtainable, but in any event not less than ten (10) days prior written notice; (vi) shall not have a “deductible” in excess of such amount as is approved by Landlord;
(vii) shall contain a cross liability endorsement; (viii) shall contain a “severability” clause; and (ix) shall be in such form and include such endorsements as may be required by any Lender or insurance advisor of Landlord.
If Tenant has in full force and effect a blanket policy of liability insurance with the same coverage for the Premises as described above, as well as other coverage of other premises and properties of Tenant, or in which Tenant has some interest,
such blanket insurance shall satisfy the requirements of this Section 9.1 provided such blanket insurance shall have a Landlord’s protective liability endorsement attached thereto in a form acceptable to Landlord. 

  
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 C. A copy of each paid-up policy evidencing the
insurance required to be carried by Tenant pursuant to this Section 9.1 (appropriately authenticated by the insurer) or a certificate of the insurer, certifying that such policy has been issued, providing the coverage required by this
Section 9.1, and containing the provisions specified herein, shall be delivered to Landlord prior to the time Tenant or any of its Agents enters the Premises and upon renewal of such policies, but not less than five (5) days prior to the
expiration of the term of such coverage. Landlord may, at any time, and from time to time, inspect and/or copy any and all insurance policies required to be procured by Tenant pursuant to this Section 9.1. If any Lender or insurance advisor
reasonably determines at any time that the amount of coverage required for any policy of insurance Tenant is to obtain pursuant to this Section 9.1 is not adequate, then Tenant shall increase such coverage for such insurance to such amount as
such Lender or insurance advisor reasonably deems adequate. 
 9.2 Landlord’s Insurance. 

A. Landlord shall maintain a policy or policies of fire and property damage insurance in so-called
“all risk” form insuring Landlord (and such others as Landlord may designate) against loss of rents for a period of not less than twelve (12) months and from physical damage to the Project with coverage of not less than the full
replacement cost thereof. Landlord may so insure the Project separately, or may insure the Project with other property owned by Landlord which Landlord elects to insure together under the same policy or policies. Such fire and property damage
insurance (i) may be endorsed to cover loss caused by such additional perils against which Landlord may elect to insure, including, without limitation, earthquake and/or flood, and to provide such additional coverage as Landlord reasonably
requires, and (ii) shall contain reasonable “deductibles” which, in the case of earthquake and flood insurance, may be up to fifteen percent (15%) of the replacement value of the property insured or such higher amount as is then
commercially reasonable. Landlord shall not be required to cause such insurance to cover any Trade Fixtures or Tenant’s Alterations. 

B. Landlord may (but shall not be obligated to) maintain a policy or policies of commercial general liability insurance insuring Landlord (and
such others as are designated by Landlord) against liability for personal injury, bodily injury, death and damage to property occurring or resulting from an occurrence in, on or about the Project, with combined single limit coverage in such amount
as Landlord from time to time determines is reasonably necessary for its protection, and/or such other insurance as Landlord may desire to maintain from time to time or as may be required under any Security Instrument. 

9.3 Tenant’s Obligation to Reimburse. If Landlord’s insurance rates for the Project are increased at any time during the
Lease Term as a result of the nature of Tenant’s use of the Premises, Tenant shall reimburse Landlord for the full amount of such increase within fifteen (15) days following receipt of a bill from Landlord therefore. 

9.4 Release and Waiver of Subrogation. Landlord and Tenant each hereby waives all rights of recovery against the other and the
other’s Agents on account of loss and damage occasioned to the property of such waiving party to the extent only that such loss or damage is required to be insured against under any “all risk” property insurance policies required by
this Article 9; provided, however, that (i) the foregoing waiver shall not apply to the extent of Tenant’s obligations to pay deductibles under any such policies and this Lease, and (ii) if any loss is due to the act, omission or
negligence or willful misconduct of Tenant or its agents, employees, contractors, guests or invitees, Tenant’s liability insurance shall be primary and shall cover all losses and damages prior to any other insurance hereunder. By this waiver it
is the intent of the parties that neither Landlord nor Tenant shall be liable to any insurance company (by way of subrogation or otherwise) insuring the other party for any loss or damage insured against under any
“all-risk” property insurance policies required by this Article 9, even though such loss or damage might be occasioned by the negligence of such party or its Agents. The provisions of this
Section 9.4 shall not limit the indemnification, hold harmless and/or defense provisions elsewhere contained in this Lease. 

  
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 ARTICLE 10 

LIMITATION ON LANDLORD’S LIABILITY AND INDEMNITY 

10.1 Limitation on Landlord’s Liability. Landlord shall not be liable to Tenant, nor shall Tenant be entitled to terminate this
Lease or to any abatement of rent (except as expressly provided otherwise herein), for any injury to Tenant or Tenant’s Agents, damage to the property of Tenant or Tenant’s Agents, or loss to Tenant’s business resulting from any
cause, including, without limitation, any of the following: (i) failure, interruption or installation of any HVAC or other utility system or service; (ii) failure to furnish or delay in furnishing any utilities or services when such
failure or delay is caused by fire or other peril, the elements, labor disturbances of any character, or any other accidents or any other conditions; (iii) limitation, curtailment, rationing or restriction on the use of water or electricity,
gas or any other form of energy or any services or utility serving the Project; (iv) vandalism or forcible entry by unauthorized persons or the criminal act of any person; or (v) penetration of water into or onto any portion of the
Premises or the Building through roof leaks or otherwise. Notwithstanding the foregoing but subject to Section 9.4 and Section 10.2, Landlord shall be liable for any such injury, damage or loss which is caused solely by Landlord’s
willful misconduct or negligence of which Landlord has actual notice and a reasonable opportunity to cure but which it fails to so cure; provided, however, notwithstanding anything contained in this Lease to the contrary, in no event shall Landlord
be liable to Tenant for lost profits, consequential damages and/or incidental damages of any kind or nature. 
 10.2 Limitation on
Tenant’s Recourse. If Landlord is a corporation, trust, partnership, limited liability company, joint venture, unincorporated association or other form of business entity: (i) the obligations of Landlord shall not constitute personal
obligations of the officers, directors, trustees, partners, joint venturers, members, managers, owners, stockholders, or other principals or representatives of such business entity, and (ii) Tenant shall not have recourse to the assets of such
of officers, directors, trustees, partners, joint venturers, members, managers, owners, stockholders, principals or representatives except to the extent of their interest in the Project (and the proceeds therefrom). Tenant hereby waives and releases
the officers, directors, trustees, partners, joint venturers, members, managers, owners, stockholders, principals or representative from personal liability for the obligations of Landlord under this Lease, and Tenant shall have recourse only to the
interest of Landlord in the Project (and the proceeds therefrom) for the satisfaction of the obligations of Landlord hereunder and shall not have recourse to any other assets of Landlord for the satisfaction of such obligations. 

10.3 Indemnification of Landlord. To the fullest extent permitted by law, Tenant shall hold harmless, indemnify and defend Landlord,
and its Agents, with competent counsel reasonably satisfactory to Landlord (and Landlord agrees to accept counsel that any insurer requires be used), from all liability, penalties, losses, damages, costs, expenses, causes of action, claims and/or
judgments arising by reason of any death, bodily injury, personal injury or property damage resulting from (i) any cause or causes whatsoever (other than solely by the willful misconduct or negligence of Landlord of which Landlord has had
notice and a reasonable time to cure, but which Landlord has failed to cure) occurring in or about or resulting from an occurrence in or about the Premises during the Lease Term, (ii) the negligence or willful misconduct of Tenant or its
Agents, wherever the same may occur, (iii) an Event of Tenant’s Default, Tenant’s or its employee’s, agent’s, contractor’s, sublessee’s, assignee’s or invitee’s use of Landlord Charging Stations. The
provisions of this Section 10.3 shall survive the expiration or sooner termination of this Lease. 
 10.4 Indemnification of
Tenant. Notwithstanding the provisions of the Lease to the contrary, Tenant shall not be required to indemnify and hold Landlord harmless from any loss, cost, liability, damage or expense (collectively “Claims”), to any person,
property or entity resulting from the negligence or willful misconduct of Landlord or its agents or employees, in connection with Landlord’s activities at the Project, and Landlord hereby indemnifies and saves Tenant harmless from any Claims
resulting from Landlord’s negligence or willful misconduct. Tenant’s agreement to indemnify and hold Landlord harmless pursuant to the Lease, the exclusion from Tenant’s indemnity set forth above, and the agreement by Landlord to
indemnify and hold Tenant harmless set forth above are not intended to, and shall not relieve any insurance carrier of its obligations under policies required to be carried by Landlord or Tenant pursuant to the provisions of the Lease to the extent
that such policies cover the results of such acts or conduct. Notwithstanding the forgoing, in no event shall Landlord be liable to Tenant for consequential damages, lost profits or punitive damages. 

  
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 ARTICLE 11 

DAMAGE TO PREMISES 
 11.1
Landlord’s Duty to Restore. If the Premises are damaged by any peril after the Effective Date, Landlord shall restore the Premises unless the Lease is terminated by Landlord pursuant to Section 11.2 or by Tenant pursuant to
Section 11.3. All insurance proceeds available from the fire and property damage insurance carried by Landlord pursuant to Section 9.2 shall be paid to and become the property of Landlord. If this Lease is terminated pursuant to either
Section 11.2 or Section 11.3, then all insurance proceeds available from insurance carried by Tenant which covers loss to property that is Landlord’s property or would become Landlord’s property on expiration or termination of
this Lease shall be paid to and become the property of Landlord. If this Lease is not so terminated then upon receipt of the insurance proceeds (if the loss is covered by insurance) and the issuance of all necessary governmental permits, Landlord
shall commence and diligently prosecute to completion the restoration of the Premises, to the extent then allowed by Law, to substantially the same condition in which the Premises were immediately prior to such damage. Landlord’s obligation to
restore shall be limited to the Premises and interior improvements constructed by Landlord as they existed as of the Commencement Date, excluding any Tenant’s Alterations, Trade Fixtures and/or personal property constructed or installed by
Tenant in the Premises. Tenant shall forthwith replace or fully repair all Tenant’s Alterations and Trade Fixtures installed by Tenant and existing at the time of such damage or destruction, and all insurance proceeds received by Tenant from
the insurance earned by it pursuant to Section 9.1 A(2) shall be used for such purpose. 
 11.2 Landlord’s Right to
Terminate. Landlord shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised by delivery to Tenant of a written notice of election to terminate within forty-five (45) days after the
date of such damage: 
 A. The Project is damaged by an Insured Peril to such an extent that the estimated cost to restore exceeds ten
percent (10%) of the then actual replacement cost thereof, or the Building in which the Premises is located is damaged to such an extent that the estimated cost to restore exceeds twenty-five percent (25%) of the then actual replacement cost
thereof; 
 B. Either the Project or the Building is damaged by an Uninsured Peril to such an extent that the estimated cost to restore
exceeds two percent (2%) of the then actual replacement cost of the Building; 
 C. The Premises are damaged by any peril within twelve
(12) months of the last day of the Lease Term to such an extent that the estimated cost to restore equals or exceeds an amount equal to six (6) times the Base Monthly Rent then due; or 

D. Either the Project or the Building is damaged by any peril and, because of the Laws then in force, (i) cannot be restored at
reasonable cost to substantially the same condition in which it was prior to such damage, or (ii) cannot be used for the same use being made thereof before such damage if restored as required by this Article. 

E. As used herein, the following terms shall have the following meanings: (i) the term “Insured Peril” shall mean a peril
actually insured against for which the insurance proceeds actually received by Landlord (and which are not required to be paid to any Lender) are sufficient (except for any “deductible” amount specified by such insurance) to restore the
Project under then existing Laws to the condition existing immediately prior to the damage; and (ii) the term “Uninsured Peril” shall mean any peril which is not an Insured Peril. Notwithstanding the foregoing, if the
“deductible” for earthquake or flood insurance exceeds two percent (2%) of the replacement cost of the improvements insured, such peril shall, at Landlord’s election, be deemed an “Uninsured Peril” for purposes of this
Lease. 

  
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 11.3 Tenant’s Right to Terminate. If the Premises are damaged by any peril and
Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s architect or
construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of
a written notice of election to terminate within seven (7) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. 

A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s architect or construction consultant, the
restoration of the Premises cannot be substantially completed within two hundred seventy (270) days after the date of such damage; or 

B. The Premises are damaged by any peril within twelve (12) months of the last day of the Lease Term and, in the reasonable opinion of
Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) days after the date of such damage and such damage renders unusable more than thirty percent (30%) of the
Premises. 
 11.4 Abatement of Rent. In the event of damage to the Premises which does not result in the termination of this Lease,
the Base Monthly Rent and Tenant’s Share of Excess Expenses shall be temporarily abated during the period of restoration in proportion to the degree to which Tenant’s use of the Premises is impaired by such damage. Tenant shall not be
entitled to any compensation or damages from Landlord for loss of Tenant’s business or property or for any inconvenience or annoyance caused by such damage or restoration. Tenant hereby waives the provisions of California Civil Code Sections
1932(2) and 1933(4) and the provisions of any similar law hereinafter enacted. 
 ARTICLE 12 

CONDEMNATION 
 12.1
Total Taking—Premises. If title to the Premises or so much thereof is taken for any public or quasi-public use under any statute or by right of eminent domain so that reconstruction of the Premises will not result in the Premises being
reasonably suitable for Tenant’s continued occupancy for the uses and purposes permitted by this Lease, this Lease shall terminate as of the date possession of the Premises or part thereof is so taken. 

12.2 Partial Taking—Project. If title to ten percent (10%) or more of the Project is taken for any public or quasi-public use
under any statute or by right of eminent domain, Landlord shall have the right to terminate this Lease as of the date possession of such portion of the Project is so taken by providing Tenant with written notice thereof no less than sixty
(60) days prior to possession being so taken. 
 12.3 Partial Taking—Premises. If any part of the Premises is taken for any
public or quasi-public use under any statute or by right of eminent domain and the remaining part is reasonably suitable for Tenant’s continued occupancy for the uses permitted by this Lease, this Lease shall, as to the part so taken, terminate
as of the date possession of such part of the Premises is taken and Base Monthly Rent shall be reduced in the same proportion that the floor area of the portion of the Premises so taken (less any addition thereto by reason of any reconstruction)
bears to the original floor area of the Premises, as reasonably determined by Landlord. Landlord shall, at its own cost and expense, make all necessary repairs and alterations to the Premises so as to make the portion of the Premises not taken a
complete architectural unit. Such work shall not, however, exceed the scope of the work done by Landlord in originally constructing the Premises. If severance damages from the condemning authority are not available to Landlord in sufficient amounts
to permit such restoration, Landlord may terminate this Lease upon written notice to Tenant. Base Monthly Rent due and payable hereunder shall be temporarily abated during such restoration period in proportion to the degree to Tenant’s use of
the Premises is impaired. Each party hereby waives the provisions of Sections 1265.130 of the California Code of Civil Procedure and any present or future law allowing either party to petition the Superior Court to terminate this Lease in the event
of a partial taking of the Building or the Premises. 

  
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 12.4 No Apportionment of Award. No award for any partial or total taking shall be
apportioned, it being agreed and understood that Landlord shall be entitled to the entire award for any partial or entire taking. Tenant assigns to Landlord its interest in any award which may be made in such taking or condemnation, together with
any and all rights of Tenant arising in or to the same or any part thereof. Nothing contained herein shall be deemed to give Landlord any interest in or require Tenant to assign to Landlord any separate award made to Tenant for the taking of
Tenant’s Trade Fixtures, for the interruption of Tenant’s business or its moving costs, or for the loss of goodwill. 
 12.5
Temporary Taking. No temporary taking of the Premises (which for purposes hereof shall mean a taking of all or any part of the Premises for one hundred eighty (180) days or less) shall terminate this Lease; provided, however, Base
Monthly Rent due and payable hereunder shall be temporarily abated during such period in proportion to the degree to Tenant’s use of the Premises is impaired or suspended. Any award made to Tenant by reason of such temporary taking shall belong
entirely to Tenant and Landlord shall not be entitled to share therein. Each party agrees to execute and deliver to the other all instruments that may be required to effectuate the provisions of this Section 12.5. 

12.6 Sale Under Threat of Condemnation. A sale made in good faith to any authority having the power of eminent domain, either under
threat of condemnation or while condemnation proceedings are pending, shall be deemed a taking under the power of eminent domain for all purposes of this Article 12. 

ARTICLE 13 
 DEFAULT AND
REMEDIES 
 13.1 Events of Tenant’s Default. Tenant shall be in default of its obligations under this Lease if any of the
following events occurs (an “Event of Tenant’s Default”): 
 A. Tenant shall have failed to pay any Rent when due, and such
failure is not cured within three (3) business days after delivery of written notice from Landlord or Landlord’s counsel specifying such failure to pay; or 

B. Tenant shall have failed to perform any term, covenant, or condition of this Lease except those requiring the payment of Rent, and Tenant
shall have failed to cure such breach within twenty (20) days after written notice from Landlord specifying the nature of such breach where such breach could reasonably be cured within said twenty (20) day period, or if such breach could
not be reasonably cured within said twenty (20) day period, Tenant shall have failed to commence such cure within said twenty (20) day period and thereafter continue with due diligence to prosecute such cure to completion within such time
period as is reasonably needed but not to exceed sixty (60) days from the date of Landlord’s notice; or 
 C. Tenant shall have
sublet the Premises or assigned its interest in the Lease in violation of the provisions contained in Article 14; or 
 D. Tenant shall have
abandoned the Premises; or 
 E. The occurrence of the following: (i) the making by Tenant of any general arrangements or assignments
for the benefit of creditors: (ii) Tenant becomes a “debtor” as defined in 11 U.S.C. Section 101 or any successor statute thereto (unless, in the case of a petition filed against Tenant, the same is dismissed within sixty
(60) days); (iii) the appointment of a trustee or receiver to take possession of substantially all of Tenant’s assets located at the Premises or of Tenant’s interest in this Lease, where possession is not restored to Tenant within
thirty (30) days; or (iv) the attachment, execution or other judicial seizure of substantially all of Tenant’s assets located at the Premises or of Tenant’s interest in this Lease, where such seizure is not discharged within
thirty (30) days; provided, however, in the event that any provision of this Section 13.1E is contrary to any applicable Law, such provision shall be of no force or effect; 

  
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 F. Tenant shall have failed to deliver documents required of it pursuant to
Section 15.4 or Section 15.6 within the time periods specified therein and not cured such failure within three (3) business days after delivery of written notice from Landlord or Landlord’s counsel specifying such failure; or

 G. Chronic delinquency by Tenant in the payment of any Rent. For purposes of this Lease, “Chronic delinquency” shall mean
failure by Tenant to pay within five (5) days of the due date any Rent for any four (4) months (consecutive or non-consecutive) during any twelve (12) month period during the Lease Term. This
section shall in no way limit, nor be construed as a waiver of the rights and remedies of Landlord provided hereunder or by law in the event of even one (1) instance of delinquency in the payment of Rent by Tenant. In the event of chronic
delinquency, at Landlord’s option, Landlord shall have the right, in addition to all other rights under this Lease and at law, to require that all Rent be paid by Tenant on a quarterly basis, in advance. In addition, the occurrence of a chronic
delinquency shall automatically void any options granted to Tenant under this Lease. 
 13.2 Landlord’s Remedies. If an Event of
Tenant’s Default occurs, Landlord shall have the following remedies, in addition to all other rights and remedies provided by any Law or otherwise provided in this Lease, to which Landlord may resort to cumulatively or in the alternative: 

A. Landlord may keep this Lease in effect and enforce by an action at law or in equity all of its rights and remedies under this Lease,
including (i) the right to recover the rent and other sums as they become due by appropriate legal action, (ii) the right to make payments required of Tenant or perform Tenant’s obligations and be reimbursed by Tenant for the cost
thereof with interest at the Agreed Interest Rate from the date the sum is paid by Landlord until Landlord is reimbursed by Tenant, and (iii) the remedies of injunctive relief and specific performance to compel Tenant to perform its obligations
under this Lease. Notwithstanding anything contained in this Lease, in the event of a breach of an obligation by Tenant which results in a condition which poses an imminent danger to safety of persons or damage to property, an unsightly condition
visible from the exterior of the Building, or a threat to insurance coverage, then if Tenant does not cure such breach within three (3) days after delivery to it of written notice from Landlord identifying the breach, Landlord may cure the
breach of Tenant and be reimbursed by Tenant for the cost thereof with interest at the Agreed Interest Rate from the date the sum is paid by Landlord until Landlord is reimbursed by Tenant. 

B. Landlord may enter the Premises and re-lease them to third parties for Tenant’s account for
any period, whether shorter or longer than the remaining Lease Term. Tenant shall be liable immediately to Landlord for all costs Landlord incurs in releasing the Premises, including, without limitation, brokers’ commissions, expenses of
altering and preparing the Premises required by the releasing. Tenant shall pay to Landlord the rent and other sums due under this Lease on the date the rent is due, less the rent and other sums Landlord received from any releasing. No act by
Landlord allowed by this subparagraph shall terminate this Lease unless Landlord notices Tenant in writing that Landlord elects to terminate this Lease. Notwithstanding any releasing without termination, Landlord may later elect to terminate this
Lease because of the default by Tenant. 
 C. Landlord may terminate this Lease by giving Tenant written notice of termination, in which
event this Lease shall terminate on the date set forth for termination in such notice. Any termination under this Section 13.2C shall not relieve Tenant from its obligation to pay sums then due Landlord or from any claim against Tenant for
damages or rent previously accrued or then accruing. In no event shall any one or more of the following actions by Landlord, in the absence of a written election by Landlord to terminate this Lease, constitute a termination of this Lease:
(i) appointment of a receiver or keeper in order to protect Landlord’s interest hereunder; (ii) consent to any subletting of the Premises or assignment of this Lease by Tenant, whether pursuant to the provisions hereof or otherwise;
or (iii) any other action by Landlord or Landlord’s Agents intended to mitigate the adverse effects of any breach of this Lease by Tenant, including, without limitation, any action taken to maintain and preserve the Premises or any action
taken to relet the Premises or any portions thereof to the event such actions do not affect a termination of Tenant’s right to possession of the Premises. 

  
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 D. In the event Tenant breaches this Lease and abandons the Premises, this Lease shall not
terminate unless Landlord gives Tenant written notice of its election to so terminate this Lease. No act by or on behalf of Landlord intended to mitigate the adverse effect of such breach, including those described by Section 13.2C, shall
constitute a termination of Tenant’s right to possession unless Landlord gives Tenant written notice of termination. Should Landlord not terminate this Lease by giving Tenant written notice, Landlord may enforce all its rights and remedies
under this Lease and/or any Laws, including, without limitation, the remedy described in California Civil Code Section 1951.4 (lessor may continue lease in effect after lessee’s breach and abandonment and recover rent as it becomes due, if
lessee has right to sublet or assign, subject only to reasonable limitations). Tenant acknowledges and agrees that the express standards and conditions set forth in Article 14 below relating to assignments of this Lease and sublettings of the
Premises are reasonable at the time this Lease is executed by Tenant. 
 E. In the event Landlord terminates this Lease, Landlord shall be
entitled, at Landlord’s election, to damages in an amount as set forth in California Civil Code Section 1951.2 as in effect on the Effective Date. For purposes of computing damages pursuant to California Civil Code Section 1951.2, (i)
an interest rate equal to the Agreed Interest Rate shall be used where permitted, and (iii) the term “rent” includes Base Monthly Rent and Additional Rent. Such damages shall include, without limitation: 

(1) The worth at the time of award of the amount by which the unpaid rent for the balance of the Lease Term after the time of
award exceeds the amount of such rental loss that Tenant proves could be reasonably avoided, computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus one percent (1 %); and 

(2) Any other amount necessary to compensate Landlord for all detriment proximately caused by Tenant’s failure to perform
Tenant’s obligations under this Lease, or which in the ordinary course of things would be likely to result therefrom, including the following: (i) expenses for cleaning, repairing or restoring the Premises; (ii) expenses for altering,
remodeling or otherwise improving the Premises for the purpose of reletting, including installation of leasehold improvements (whether such installation be funded by a reduction of rent, direct payment or allowance to a new tenant, or otherwise);
(iii) broker’s fees, advertising costs and other expenses of reletting the Premises; (iv) costs of carrying the Premises, such as taxes, insurance premiums, utilities and security precautions; (v) expenses in retaking possession of
the Premises; and (vi) attorneys’ fees and court costs incurred by Landlord in retaking possession of the Premises and in releasing the Premises or otherwise incurred as a result of Tenant’s default. 

F. Nothing in this Section 13.2 shall limit Landlord’s right to indemnification from Tenant as provided in Section 7.2 and
Section 10.3. Any notice given by Landlord in order to satisfy the requirements of Section 13.1 A or 13.1B above shall also satisfy the notice requirements of California Code of Civil Procedure Section 1161 regarding unlawful detainer
proceedings. 
 G. Any agreement for free or abated rent or other charges, or for the giving or paying by Landlord to or for Tenant of any
cash or other bonus, inducement or consideration for Tenant’s entering into this Lease (“Inducement Provisions”) shall be deemed conditioned upon Tenant’s full and faithful performance of the terms, covenants and conditions of
this Lease. Upon an Event of Tenant’s Default, any such Inducement Provisions shall automatically be deemed deleted from this Lease and of no further force or effect and the amount of any rent reduction or abatement or other bonus or
consideration already given by Landlord or received by Tenant as an Inducement shall be immediately due and payable by Tenant to Landlord, notwithstanding any subsequent cure of said Event of Tenant’s Default. The acceptance by Landlord of rent
or the cure of the Event of Tenant’s Default which initiated the operation of this Section 13.1 shall not be deemed a waiver by Landlord of the provisions of this Section 13.2(g). For purposes of this Section, any period of Base
Monthly Rent identified as $00.00 shall be deemed to have been in a monthly amount equal to that payable during the first full calendar month of this Lease when Tenant is paying full, unabated Base Monthly Rent for each day in such calendar month.

  
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 13.3 Waiver. One party’s consent to or approval of any act by the other party
requiring the first party’s consent or approval shall not be deemed to waive or render unnecessary the first party’s consent to or approval of any subsequent similar act by the other party. The receipt by Landlord of any rent or payment
with or without knowledge of the breach of any other provision hereof shall not be deemed a waiver of any such breach unless such waiver is in writing and signed by Landlord. No delay or omission in the exercise of any right or remedy accruing to
either party upon any breach by the other party under this Lease shall impair such right or remedy or be construed as a waiver of any such breach theretofore or thereafter occurring. The waiver by either party of any breach of any provision of this
Lease shall not be deemed to be a waiver of any subsequent breach of the same or of any other provisions herein contained. Notwithstanding any of the terms and provisions herein contained to the contrary, but to the extent required by applicable
law, Landlord shall have the duty and obligation to use reasonable good faith efforts to mitigate any and all damages that may or shall be caused or suffered by virtue of an Event of Tenant’s Default. 

13.4 Limitation On Exercise of Rights. At any time that an Event of Tenant’s Default has occurred and remains uncured, (i) it
shall not be unreasonable for Landlord to deny or withhold any consent or approval requested of it by Tenant which Landlord would otherwise be obligated to give, and (ii) Tenant may not exercise any option to extend, right to terminate this
Lease, or other right granted to it by this Lease which would otherwise be available to it. 
 13.5 Waiver by Tenant of Certain
Remedies. Tenant waives the provisions of Sections 1932(1), 1941 and 1942 of the California Civil Code and any similar or successor law regarding Tenant’s right to terminate this Lease or to make repairs and deduct the expenses of such
repairs from the rent due under this Lease. Tenant hereby waives any right of redemption or relief from forfeiture under the laws of the State of California, or under any other present or future law, including, without limitation, the provisions of
Sections 1174 and 1179 of the California Code of Civil Procedure. 
 13.6 Landlord’s Default. Landlord shall not be deemed to be
in default in the performance of any obligation required to be performed by it hereunder unless and until it has failed to perform such obligation within thirty (30) days after receipt of written notice from Tenant to Landlord (and any Lender
who have provided Tenant with notice) specifying the nature of such default; provided, however, that if the nature of Landlord’s obligation is such that more than thirty (30) days are reasonably required for its performance, then Landlord
shall not be deemed to be in default if it shall commence such performance within such thirty (30) day period and thereafter diligently prosecutes the same to completion. Tenant expressly waives any right to terminate this Lease or to claim a
constructive eviction by reason of any default by Landlord hereunder. 
 13.7 Limitation of Actions Against Landlord. Any claim,
demand or right of any kind by Tenant which is based upon or arises in connection with this Lease shall be barred unless Tenant commences an action thereon within six (6) months of Tenant becoming aware of the act, omission, event or default
upon which the claim, demand or right in question arises, has occurred. 
 13.8 Landlord’s Liability. Tenant acknowledges that
Landlord shall have the right to transfer all or any portion of its interest in the Project and to assign this Lease to the transferee. Tenant agrees that in the event of such a transfer Landlord shall automatically be released from all liability
under this Lease; and Tenant hereby agrees to look solely to Landlord’s transferee for the performance of Landlord’s obligations hereunder after the date of the transfer. Upon such a transfer, Landlord shall, at its option, return
Tenant’s security deposit to Tenant or transfer Tenant’s security deposit to Landlord’s transferee and, in either event, Landlord shall have no further liability to Tenant for the return of its security deposit. Subject to the rights
of any lender holding a mortgage or deed of trust encumbering all or part of the Project, Tenant agrees to look solely to Landlord’s equity interest in the Project for the collection of any judgment requiring the payment of money by Landlord
arising out of (a) Landlord’s failure to perform its obligations under this Lease or (b) the negligence or willful misconduct of Landlord, its partners, employees and agents. No other property or assets of Landlord shall be subject to
levy, execution or other enforcement procedure for the satisfaction of any judgment or writ obtained by Tenant against Landlord. No partner, employee, officer, director, member or agent of Landlord shall be personally liable for the performance of
Landlord’s obligations 

  
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hereunder or be named as a party in any lawsuit arising out of or related to, directly or indirectly, this Lease and the obligations of Landlord hereunder. The obligations under this Lease do not
constitute personal obligations of the individual partners of Landlord, if any, and Tenant shall not seek recourse against the individual partners of Landlord or their assets. 

ARTICLE 14 
 ASSIGNMENT
AND SUBLETTING, 
 14.1 Transfer By Tenant. The following provisions shall apply to any assignment, subletting or other transfer
by Tenant or any subtenant or assignee or other successor in interest of the original Tenant (collectively referred to in this Section 14.1 as “Tenant”): 

A. Tenant shall not do any of the following (collectively referred to herein as a “Transfer*), whether voluntarily, involuntarily or by
operation of law, without the prior written consent of Landlord, which consent shall not be unreasonably withheld or delayed (subject to Section 14.1 B and Section 14.1 C below): (i) sublet all or any part of the Premises or allow it to be
sublet, occupied or used by any person or entity other than Tenant; or (ii) assign its interest in this Lease. In no event shall Tenant mortgage or encumber the Lease (or otherwise use the Lease as a security device) in any manner, or
materially amend or modify an assignment, sublease or other transfer that has been previously approved by Landlord. Tenant shall reimburse Landlord for all reasonable costs and attorneys’ fees incurred by Landlord in connection with the
evaluation, processing and/or documentation of any requested Transfer, plus an amount equal to $1,000.00 as a fee for Landlord’s review whether or not Landlord’s consent is granted. Landlord’s reasonable costs shall include the cost
of any review or investigation performed by Landlord or consultant acting on Landlord’s behalf of (i) Hazardous Materials (as defined in Section 7.2E of this Lease) used, stored, released, or disposed of by the potential subtenant or
assignee, and/or (ii) violations of Hazardous Materials Law (as defined in Section 7.2E of this lease) by Tenant or the proposed subtenant or assignee. Any Transfer so approved by Landlord shall not be effective until Tenant has delivered
to Landlord an executed counterpart of the document evidencing the Transfer which (i) is in a form reasonably approved by Landlord, (ii) contains the same terms and conditions as stated in Tenant’s notice given to Landlord pursuant to
Section 14.1 B, and (iii) in the case of an assignment of the Lease, contains the agreement of the proposed transferee to assume all obligations of Tenant under this Lease arising after the effective date of such Transfer and to remain
jointly and severally liable therefore with Tenant. Any attempted Transfer without Landlord’s consent shall constitute an Event of Tenant’s Default and shall be voidable at Landlord’s option. Landlord’s consent to any one
Transfer shall not constitute a waiver of the provisions of this Section 14.1 as to any subsequent Transfer or a consent to any subsequent Transfer. No Transfer, even with the consent of Landlord, shall relieve Tenant of its personal and
primary obligation to pay the rent and to perform all of the other obligations to be performed by Tenant hereunder. The acceptance of rent by Landlord from any person shall not be deemed to be a waiver by Landlord of any provision of this Lease nor
to be a consent to any Transfer. 
 B. At least thirty (30) days before a proposed Transfer is to become effective, Tenant shall give
Landlord written notice of the proposed terms of such Transfer and request Landlord’s approval, which notice shall include the following: (i) the name and legal composition of the proposed transferee; (ii) a current financial
statement of the transferee, financial statements of the transferee covering the preceding three (3) years if the same exist, and (if available) an audited financial statement of the transferee for a period ending not more than one year prior
to the proposed effective date of the Transfer, all of which statements are prepared in accordance with generally accepted accounting principles; (iii) the nature of the proposed transferee’s business to be carried out in the Premises;
(iv) all consideration to be given on account of the Transfer, (v) a current financial statement of Tenant; and (vi) an accurately filled out response to Landlord’s then-standard Hazardous Materials Questionnaire, if any. Tenant
shall provide to Landlord such other information as may be reasonably requested by Landlord within seven (7) days after Landlord’s receipt of such notice from Tenant. Landlord shall respond in writing to Tenant’s request for
Landlord’s consent to a Transfer within the later of (i) fifteen (15) business days of receipt of such request together with the required accompanying documentation, or (ii) seven (7) days after Landlord’s receipt of all
information which Landlord reasonably requests within seven (7) days after it receives Tenant’s first notice 

  
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regarding the Transfer in question. If Landlord fails to respond in writing within said period, Landlord will be deemed to have withheld its consent to such Transfer, provided that if Tenant
specifically requests from Landlord, within five (5) days following the expiration of said period a statement of reasons for withholding consent, Landlord shall have ten (10) business days following such request within which to provide
Tenant with a written statement of its reasonable objections to the Transfer in question (and, if Landlord fails to provide such statement to Tenant within such ten (10) business day, then Landlord shall be deemed to have consented to the
Transfer in question). Tenant shall immediately notify Landlord of any material modification to the proposed terms of such Transfer. 

Tenant agrees, by way of example and without limitation, that its shall not be unreasonable for Landlord to withhold its consent to a proposed
Transfer if any of the following situations exist or may exist: 
 (1) Landlord determines that the proposed assignee’s
or sublessee’s use of the Premises conflicts with Article 4 above, presents an unacceptable risk, as determined by Landlord, under Section 7.2 above, or conflicts with any other provision under this Lease; 

(2) Landlord determines that the proposed assignee or sublessee has a net worth (as determined in accordance with generally
accepted accounting principles) less than Tenant’s as of the date of this Lease; 
 (3) Landlord determines that the
proposed assignment or subletting would breach a covenant, condition or restriction in some other lease, financing agreement or other agreement relating to the Project, the Building, the Premises or this Lease; 

(4) An Event of Tenant’s Default (or any material act or omission which, with the giving of notice or the passage of
time, or both, would constitute an Event of Tenant’s Default) has occurred and is continuing at the time of Tenant’s request for Landlord’s consent, or as of the effective date of such assignment or subletting; 

(5) Landlord is not then negotiating, and has not negotiated during the nine (9) month period prior to receipt of
Tenant’s request for consent to such sublease or assignment, with the proposed assignee or sublessee for the lease of space at the Project; or 

(6) The proposed assignee’s or sublessee’s use of the Premises would place additional burdens on the Project and/or
its operation, including, without limitation, the Common Area and the utilities. 
 C. Notwithstanding anything contained in this Article
14 to the contrary, in the event that Tenant seeks to assign this Lease or sublease all or substantially all of the Premises, Landlord shall have the right to terminate this Lease, either (i) on the condition that the proposed transferee
immediately enter into a direct lease of the Premises with Landlord on the same terms and conditions contained in Tenant’s notice, or (ii) so that Landlord is thereafter free to lease the Premises to whomever (including, without
limitation, the proposed transferee) it pleases on whatever terms are acceptable to Landlord. In the event Landlord elects to so terminate this Lease, then (i) if such termination is conditioned upon the execution of a lease between Landlord
and the proposed transferee, Tenant’s obligations under this Lease shall not be terminated until such transferee executes a new lease with Landlord, enters into possession and commences the payment of rent, and (ii) if Landlord elects
simply to terminate this Lease, the Lease shall so terminate in its entirety Fifteen (15) days after Landlord has notified Tenant in writing of such election. Upon such termination, Tenant shall be released from any further obligation under
this Lease, except that the foregoing release shall not apply to, and Tenant shall not be released from, (i) any obligations under this Lease accruing prior to such termination, (ii) any obligations under Section 15.2 below relating
to the surrender of the Premises or such space proposed to be sublet, as applicable, and (iii) any obligations which, by their terms, are to survive the expiration or sooner termination of this Lease. Upon Landlord’s request, Tenant shall
execute a separate termination agreement evidencing any termination of 

  
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this Lease pursuant to this Section 14.1 C. Landlord’s rights under this Section 14.1 C shall not apply to a Permitted Transfer. 

D. If Landlord consents to a Transfer proposed by Tenant, Tenant may enter into such Transfer, and if Tenant does so, the following shall
apply: 
 (1) Tenant shall not be released of its liability for the performance of all of its obligations under this Lease.

 (2) Except with respect to a Permitted Transfer, if Tenant assigns its interest in this Lease, then Tenant shall pay to
Landlord fifty percent (50%) of all Transfer Consideration (as defined in Section 14.1 D(5)) received by Tenant over and above (i) the assignee’s agreement to assume the obligations of Tenant under this Lease, and (ii) all
Permitted Transfer Costs related to such assignment. In the case of assignment, the amount of Transfer Consideration owed to Landlord shall be paid to Landlord on the same basis, whether periodic or in lump sum, that such Transfer Consideration is
paid to Tenant by the assignee. 
 (3) If Tenant sublets any part of the Premises, then with respect to the space so
subleased, Tenant shall pay to Landlord fifty percent (50%) of the positive difference, if any, between (i) all Transfer Consideration paid by the subtenant to Tenant, less (ii) the sum of all Base Monthly Rent and Tenant’s Share of
Excess Expenses allocable to the space sublet and all Permitted Transfer Costs related to such sublease. Such amount shall be paid to Landlord on the same basis, whether periodic or in lump sum, that such Transfer Consideration is paid to Tenant by
its subtenant. In calculating Landlord’s share of any periodic payments, all Permitted Transfer Costs shall be first recovered by Tenant. 

(4) Tenant’s obligations under this Section 14.1 D shall survive any Transfer, and Tenant’s failure to perform
its obligations hereunder shall be an Event of Tenant’s Default. At the time Tenant makes any payment to Landlord required by this Section 14.1 D, Tenant shall deliver to Landlord an itemized statement of the method by which the amount to
which Landlord is entitled was calculated, certified by Tenant as true and correct. Upon request therefore, Tenant shall deliver to Landlord copies of all bills, invoices or other documents upon which its calculations are based. Landlord may
condition its approval of any Transfer upon obtaining a certification from both Tenant and the proposed transferee of all Transfer Consideration and other amounts that are to be paid to Tenant in connection with such Transfer. 

(5) As used in this Section 14.1 D, the term “Transfer Consideration” shall mean any consideration of any kind
received, or to be received, by Tenant as a result of the Transfer, if such sums are related to Tenant’s interest in this Lease or in the Premises, including payments from or on behalf of the transferee (in excess of the book value thereof) for
Tenant’s assets, fixtures, leasehold improvements, inventory, accounts, goodwill, equipment, furniture, and general intangibles. As used in this Section 14.1 D, the term “Permitted Transfer Costs” shall mean (i) all
reasonable leasing commissions paid to third parties not affiliated with Tenant in order to obtain the Transfer in question, (ii) reasonable costs of finishing out or renovating the space affected and reasonable cash rental concessions, which
costs and expenses are to be amortized over the term of the assignment or sublease and (iii) all reasonable attorneys’ fees incurred by Tenant with respect to negotiating the Transfer in question. The purpose of this section is to avoid a
subterfuge regarding the transfer of the Lease and is not intended to give Landlord any rights to Tenant’s assets, fixtures, leasehold improvements, inventory, accounts, goodwill, equipment, furniture, and general intangibles other than what
would be equitably determined to be associated with the transfer of the Lease. 

  
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 E. The sale of all or substantially all of Tenant’s assets (other than bulk sales in
the ordinary course of business), any dissolution of Tenant, or, if Tenant is a corporation, an unincorporated association, a partnership or a limited liability company, any transaction or multiple transactions taken together in which fifty percent
(50%) or more of the voting power in aggregate is transferred during the Term (except for publicly traded shares of stock constituting a transfer of fifty percent (50%) or more in the aggregate, so long as no change in the controlling interests of
Tenant occurs as a result thereof) shall be deemed an assignment within the meaning and provisions of this Article 14. Notwithstanding the foregoing, if Tenant is a corporation, the transfer, assignment, issuance or hypothecation of stock or other
interest in Tenant shall not be deemed an assignment if (i) the purpose of the transfer is principally for bona fide equity financing purposes in which cash is received by the Tenant or indebtedness of the Tenant is cancelled or converted or a
combination thereof and Tenant’s net worth (as determined in accordance with generally accepted accounting principles) after such transaction is at least equal to Tenant’s as of the date of this Lease, (ii) the sole purpose of the
transfer is for Tenant to become a corporation whereby the equity holders of Tenant before the reorganization will maintain identical ownership positions in the surviving corporation, or (ii) if the sale of shares of Tenant is in the form of a
public offering of securities based on a corporate value of at least One Hundred Million Dollars ($100,000,000.00). As used in the Section 14.1 E, the term “Tenant” shall mean Tenant and/or any person or entity that owns, directly or
indirectly, in whole or in part, Tenant (e.g., a parent corporation of Tenant). 
 F. Notwithstanding anything to the contrary contained in
this Section 14.1, an assignment of the Lease or sublease of all or any portion of the Premises to any entity which controls or is controlled by Tenant or which acquires all or substantially all of the assets of Tenant or which is the surviving
entity resulting from a merger or consolidation of Tenant (in each such case, a “Permitted Transfer”), shall not require Landlord’s consent, provided that at least thirty (30) days prior to such assignment or sublease
(i) Tenant provides Landlord with reasonable evidence, which evidence must be reasonably acceptable to Landlord, that such entity has a net worth (as determined in accordance with generally accepted accounting principles) at least equal to
Tenant’s before the date of such Transfer; (ii) Tenant notifies Landlord in writing of any such assignment or sublease and provides Landlord with evidence that such assignment or sublease is a Transfer permitted by this section;
(iii) prior to the date an assignment or sublease will take effect, the assignee or sublessee and Tenant shall enter into Landlord’s standard consent to sublease agreement or consent to. assignment agreement (the “Transfer
Agreements”), and (iv) Tenant shall pay the reasonable costs and expenses (including legal fees) incurred by Landlord in confirming that the assignment or sublease meets the requirements of this section and in preparing any Transfer
Agreement. Whether or not a Permitted Transfer is made pursuant to the terms of this section, Tenant shall not be relieved of its obligations under this Lease. 

14.2 Transfer By Landlord. Landlord and its successors in interest shall have the right to transfer their interest in this Lease, the
Building and the Project at any time and to any person or entity. In the event of any such transfer, the Landlord originally named herein (and, in the case of any subsequent transfer, the transferor) from the date of such transfer, shall be
automatically relieved, without any further act by any person or entity, of all liability for the performance of the obligations of the Landlord hereunder which may accrue after the date of such transfer. After the date of any such transfer, the
term “Landlord” as used herein shall mean the applicable transferee of such interest in the Premises. 
 ARTICLE 15 

GENERAL PROVISIONS 
 15.1
Landlord’s Right to Enter. Landlord and its Agents may enter the Premises at any reasonable time after giving no less than twenty-four hours* notice (except in the event of an emergency, in which case no notice shall be required), email
or verbal notice to Tenant (except in the case of any emergency or regularly scheduled services, in which case no prior notice shall be required) for the purpose of: (i) inspecting the same; (ii) posting notices of non-responsibility; (iii) supplying any service to be provided by Landlord to Tenant; (iv) showing the Premises to prospective purchasers, Lenders or tenants (but with respect to tenants, only during the
last six [6] months of the Lease Term); (v) making necessary alterations, additions or repairs; (vi) performing Tenant’s obligations when Tenant has failed to do so after written notice 

  
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from Landlord; (vii) placing upon the Premises ordinary “for lease” signs or “for sale” signs; and (viii) responding to an emergency. Landlord shall have the right
to use any and all means Landlord may deem necessary and proper to enter the Premises in an emergency. Any entry into the Premises obtained by Landlord in accordance with this Section 15.1 shall not be deemed to be a forcible or unlawful entry
into, or a detainer of, the Premises, or an eviction, actual or constructive, of Tenant from the Premises. Tenant hereby waives any claims for damages for any injury or temporary inconvenience to or interference with Tenant’s business, any loss
of occupancy or quiet enjoyment of the Premises, and any other loss occasioned thereby. 
 15.2 Surrender of the Premises. Upon the
expiration or sooner termination of this Lease, Tenant shall vacate and surrender the Premises to Landlord in the same condition as existed on the Commencement Date, except for (i) reasonable wear and tear, (ii) damage caused by any
casualty not caused by Tenant or Tenant’s Agents or condemnation, and (iii) contamination by Hazardous Materials for which Tenant is not responsible pursuant to Section 7.2A or Section 7.2B. In this regard, normal wear and tear
shall be construed to mean wear and tear caused to the Premises by the natural aging process which occurs in spite of prudent application of the best standards for maintenance, repair and janitorial practices, and does not include items of neglected
or deferred maintenance. If Landlord so requests, Tenant shall, prior to the expiration or sooner termination of this Lease, (i) remove any Tenant’s Alterations which Tenant is required to remove pursuant to Section 5.2 and repair all
damage caused by such removal, and (ii) return the Premises or any part thereof to its original configuration existing as of the time the Premises were delivered to Tenant, excluding the Landlord Improvements shown on Exhibit C. If the
Premises are not so surrendered upon the expiration or sooner termination of this Lease, Tenant shall be liable to Landlord for all costs incurred by Landlord in returning the Premises to the required condition, plus interest on all costs incurred
at the Agreed Interest Rate. Tenant shall indemnify Landlord against loss or liability resulting from delay by Tenant in so surrendering the Premises, including, without limitation, any claims made by any succeeding tenant or losses to Landlord due
to lost opportunities to lease to succeeding tenants. 
 15.3 Holding Over. This Lease shall terminate without further notice at the
expiration of the Lease Term. Any holding over by Tenant after expiration of the Lease Term or any earlier termination of this Lease shall not constitute a renewal or extension of this Lease or give Tenant any rights in or to the Premises except as
expressly provided in this Lease. Any holding over after such expiration or earlier termination with the written consent of Landlord shall be construed to be a tenancy from month to month on the same terms and conditions herein specified insofar as
applicable except that Base Monthly Rent shall be increased to an amount equal to one hundred fifty percent (150%) of the full unabated Base Monthly Rent payable during the last full calendar month of the Lease Term. 

15.4 Subordination. The following provisions shall govern the relationship of this Lease to any Security Instrument: 

A. The Lease is subject and subordinate to all Security Instruments existing as of the Effective Date. However, if any Lender so requires,
this Lease shall become prior and superior to any such Security Instrument. 
 B. At Landlord’s election, this Lease shall become
subject and subordinate to any Security Instrument created after the Effective Date. Notwithstanding such subordination, Tenant’s right to quiet possession of the Premises shall not be disturbed so long as Tenant is not in default and performs
all of its obligations under this Lease, unless this Lease is otherwise terminated pursuant to its terms. 
 C. Tenant shall upon request
execute and acknowledge any document or instrument reasonably required by any Lender to make this Lease either prior or subordinate to a Security Instrument, which may include such other matters as the Lender customarily requires in connection with
such agreements, including provisions that the Lender not be liable for (i) the return of any security deposit unless the Lender receives it from Landlord, (ii) any defaults on the part of Landlord occurring prior to the time the Lender
takes possession of the Project in connection with the enforcement of its Security Instrument, and/or (iii) completion of any improvements to the Premises or the Project agreed to or undertaken by Landlord. Tenant’s failure to execute any
such document or instrument within ten (10) days after written demand therefore shall constitute an Event of Tenant’s Default. 

  
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 D. Upon Tenant’s written request, Landlord shall, at no cost to Landlord, use
commercially reasonable efforts to obtain a subordination, non-disturbance and attornment agreement (“SNDA”) for Tenant’s benefit from any holder of a Security Instrument; provided, however, the
failure to so obtain such SNDA shall not be deemed a default by Landlord nor permit Tenant any rights or remedies. 
 15.5 Mortgage
Protection and Attornment. In the event of any default on the part of the Landlord, Tenant will use reasonable efforts to give notice by registered mail to any Lender whose name has been provided to Tenant and shall offer such Lender a
reasonable opportunity to cure the default, including time to obtain possession of the Premises by power of sale or judicial foreclosure or other appropriate legal proceedings, if such should prove necessary to effect a cure. Tenant shall attorn to
any purchaser of the Premises at any foreclosure sale or private sale conducted pursuant to any Security Instrument encumbering the Premises, or to any grantee or transferee designated in any deed given in lieu of foreclosure. Notwithstanding the
foregoing, in the event of conflict between the terms of this Article 15.5 and the SNDA, the terms of the SNDA shall govern as between any such Lender and Tenant 

15.6 Estoppel Certificates and Financial Statements. At all times during the Lease Term, Tenant agrees, following any request by
Landlord, to execute and deliver to Landlord within ten (10) days following delivery of such request an estoppel certificate: (i) certifying that this Lease is unmodified and in full force and effect or, if modified, stating the nature of
such modification and certifying that this Lease, as so modified, is in full force and effect, (ii) stating the date to which the Rent and other charges are paid in advance, if any, (iii) acknowledging that there are not any uncured
defaults on the part of any party hereunder or, if there are uncured defaults, specifying the nature of such defaults, and (iv) certifying such other information about the status of the Lease and the Premises as may be required by Landlord. A
failure to deliver an estoppel certificate within ten (10) days after delivery of a request therefore shall be a conclusive admission that, as of the date of the request for such statement: (i) this Lease is unmodified except as may be
represented by Landlord in said request and is in full force and effect, (ii) there are no uncured defaults in Landlord’s performance, (iii) no rent has been paid more than thirty (30) days in advance, and (iv) the
information regarding the status of this Lease, as represented by Landlord in said request, is true and correct. No more than twice during the Lease Term (except in connection with a proposed sale or financing of the Building) Tenant shall, upon ten
(10) days’ prior written notice from landlord, provide Tenant’s most recent financial statement and financial statements covering the twenty-four (24) month period prior to the date of such most recent financial statement to any
existing Lender or to any potential Lender or buyer of the Premises. Such statements shall be prepared in accordance with generally accepted accounting principles and shall be certified by Tenant’s chief financial officer as true and correct in
all material respects and at Landlord’s request, supported with copies of Tenant’s bank statements or, if such is the normal practice of Tenant, shall be audited by an independent certified public accountant. 

15.7 Landlord’s Consent. Wherever Landlord’s approval or consent is required under this Lease before any action may be taken
by Tenant, such approval or consent may be withheld or conditioned in Landlord’s sole and absolute discretion unless a different standard is specifically provided for with respect to the required approval or consent in question. 

15.8 Notices. Any notice required or desired to be given regarding this Lease shall be in writing and may be given by personal
delivery, by facsimile telecopy, by courier service, or by mail. A notice shall be deemed to have been given (i) on the third business day after mailing if such notice was deposited in the United States mail, certified or registered, postage
prepaid, addressed to the party to be served at its Address for Notices specified in Section R or Section S of the Summary (as applicable), (ii) when delivered if given by personal delivery, and (iii) in all other cases when
actually received at the party’s Address for Notices. Either party may change its address by giving notice of the same in accordance with this Section 15.8, provided however, that any address to which notices may be sent must be a
California address. 

  
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 15.9 Attorneys’ Fees. If Landlord or Tenant brings an action to enforce the
terms hereof or declare rights hereunder, the prevailing party in any such action, or appeal thereon, shall be entitled to its reasonable attorneys’ fees and court costs to be paid by the losing party as fixed by the court in the same or
separate suit, and whether or not such action is pursued to. decision or judgment. The attorneys’ fee award shall not be computed in accordance with any court fee schedule, but shall be such as to fully reimburse all attorneys’ fees and
court costs reasonably incurred in good faith. Landlord shall be entitled to reasonable attorneys’ fees and all other costs and expenses incurred in the preparation and service of notices of default and consultations in connection therewith,
whether or not a legal action is subsequently commenced in connection with such default. Landlord and Tenant agree that attorneys’ fees incurred with respect to defaults and bankruptcy are actual pecuniary losses within the meaning of
Section 365(b)(1)(B) of the Bankruptcy Code or any successor statute. 
 15.10 Authority. If Tenant is a corporation (or
partnership or limited liability company), each individual executing this Lease on behalf of Tenant represents and warrants that he is duly authorized to execute and deliver this Lease on behalf of such corporation in accordance with the by-laws of such corporation (or partnership in accordance with the partnership agreement of such partnership or limited liability company in accordance with the operating agreement of such limited liability company)
and that this Lease is binding upon such corporation (or partnership or limited liability company) in accordance with its terms. Each of the persons executing this Lease on behalf of a corporation, partnership or limited liability company does
hereby covenant and warrant that the party for whom it is executing this Lease is a duly authorized and existing corporation, partnership or limited liability company, that such entity is qualified to do business in California, and that such entity
has full right and authority to enter into this Lease. 
 15.11 Miscellaneous. Should any provision of this Lease prove to be invalid
or illegal, such invalidity or illegality shall in no way affect, impair or invalidate any other provision hereof, and such remaining provisions shall remain in full force and effect. Time is of the essence with respect to the performance of every
provision of this Lease in which time of performance is a factor. The captions used in this Lease are for convenience only and shall not be considered in the construction or interpretation of any provision hereof. Any executed copy of this Lease
shall be deemed an original for all purposes. This Lease shall, subject to the provisions regarding assignment, apply to and bind the respective heirs, successors, executors, administrators and assigns of Landlord and Tenant. “Party” shall
mean Landlord or Tenant, as the context implies. If Tenant consists of more than one person or entity, then all persons or entities so comprising Tenant shall be jointly and severally liable hereunder. This Lease shall be construed and enforced in
accordance with the laws of the State of California. The language in all parts of this Lease shall in all cases be construed as a whole according to its fair meaning, and not strictly for or against either Landlord or Tenant. When the context of
this Lease requires, the neuter gender includes the masculine, the feminine, a partnership or corporation or joint venture, and the singular includes the plural. The terms “shall”, “will” and “agree” are mandatory. The
term “may” is permissive. When a party is required to do something by this Lease, it shall do so at its sole cost and expense without right of reimbursement from the other party unless a provision of this Lease expressly requires
reimbursement. Landlord and Tenant agree that (i) the gross leasable area of the Premises includes any atriums, depressed loading docks, covered entrances or egresses, and covered loading areas, (ii) each has had an opportunity to
determine to its satisfaction the actual area of the Project and the Premises, (iii) all measurements of area contained in this Lease are conclusively agreed to be correct and binding upon the parties, even if a subsequent measurement of any
one of these areas determines that it is more or less than the amount of area reflected in this Lease, determination that the area is more or less than shown in this Lease shall not result in a change in any of the computations of rent, improvement
allowances, or other matters described in this Lease where area is a factor. Where a party hereto is obligated not to perform any act, such party is also obligated to restrain any others within its control from performing said act, including the
Agents of such party. Landlord shall not become or be deemed a partner or a joint venturer with Tenant by reason of the provisions of this Lease. 

15.12 Termination by Exercise Right. If this Lease is terminated pursuant to its terms by the proper exercise of a right to terminate
specifically granted to Landlord or Tenant by this Lease, then this Lease shall terminate thirty (30) days after the date the right to terminate is properly exercised (unless another date is specified in that part of the Lease creating the
right, in which event the date so specified for 

  
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termination shall prevail), the rent and all other charges due hereunder shall be prorated as of the date of termination, and neither Landlord nor Tenant shall have any further rights or
obligations under this Lease except for those that have accrued prior to the date of termination or those obligations which this Lease specifically provides are to survive the expiration or sooner termination of this Lease. This Section 15.12
does not apply to a termination of this Lease by Landlord as a result of an Event of Tenant’s Default. 
 15.13 Brokerage
Commissions. Each party hereto (i) represents and warrants to the other that it has not had any dealings with any real estate brokers, leasing agents or salesmen, or incurred any obligations for the payment of real estate brokerage
commissions or finder’s fees which would be earned or due and payable by reason of the execution of this Lease, other than to the Retained Real Estate Brokers described in Section T of the Summary (and then only to the extent set forth
in such separate agreement), and (ii) agrees to indemnify, defend, and hold harmless the other party from any claim for any such commission or fees which allegedly result from the actions of the indemnifying party. Landlord shall be responsible
for the payment of any commission owed to the Retained Real Estate Brokers if, and only to the extent, there is a separate written commission agreement between Landlord and the Retained Real Estate Brokers for the payment of a commission as a result
of the execution of this Lease by Tenant. The indemnity, defense and hold harmless obligations under this Section 15.13 shall survive the expiration or sooner termination of this Lease. 

15.14 Joint and Several Liability. If more than one party signs this Lease as “Tenant”, such parties shall be liable for all
obligations, covenants and liability of “Tenant” on a joint and several basis. 
 15.15 Force Majeure. Any prevention,
delay or stoppage due to strikes, lock-outs, inclement weather, labor disputes, inability to obtain labor, materials, fuels or reasonable substitutes therefore, governmental restrictions, regulations, controls, action or inaction, civil commotion,
fire or other acts of God, and other causes beyond the reasonable control of the party obligated to perform (except financial inability) shall excuse the performance, for a period equal to the period of any said prevention, delay or stoppage, of any
obligation hereunder except the obligation of Tenant to pay rent or any other sums due hereunder. 
 15.16 Entire Agreement. This
Lease constitutes the entire agreement between the parties, and there are no binding agreements or representations between the parties except as expressed herein. Tenant acknowledges that neither Landlord nor Landlord’s Agents has made any
legally binding representation or warranty as to any matter except those expressly set forth herein, including any warranty as to (i) whether the Premises may be used for Tenant’s intended use under existing Laws, (ii) the suitability
of the Premises or the Project for the conduct of Tenant’s business, or (iii) the condition of any improvements. There are no oral agreements between Landlord and Tenant affecting this Lease, and this Lease supersedes and cancels any and
all previous negotiations, arrangements, brochures, agreements and understandings, if any, between Landlord and Tenant or displayed by Landlord to Tenant with respect to the subject matter of this Lease. This instrument shall not be legally binding
until it is executed by both Landlord and Tenant. No subsequent change or addition to this Lease shall be binding unless in writing and signed by Landlord and Tenant. 

15.17 Intentionally Omitted. 

15.18 JURY TRIAL WAIVER. TO THE EXTENT PERMITTED OR HEREAFTER PERMITTED BY APPLICABLE LAW, LANDLORD AND TENANT EACH ACKNOWLEDGES
THAT IT IS AWARE OF AND HAS HAD THE ADVICE OF COUNSEL OF ITS CHOICE WITH RESPECT TO THE RIGHTS TO TRIAL BY JURY, AND EACH PARTY DOES, TO THE EXTENT PERMITTED OR HEREAFTER PERMITTED BY APPLICABLE LAW, HEREBY EXPRESSLY AND KNOWINGLY WAIVE AND RELEASE
ALL SUCH RIGHTS TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM BROUGHT BY EITHER PARTY HERETO AGAINST THE OTHER (AND/OR AGAINST ITS OFFICERS, DIRECTORS, PARTNERS, MEMBERS, EMPLOYEES, AGENTS, OR SUBSIDIARY OR AFFILIATED ENTITIES) ON ANY
MATTERS WHATSOEVER ARISING OUT OF OR IN ANY WAY CONNECTED WITH THIS LEASE, TENANT’S USE OR OCCUPANCY OF THE PREMISES, AND/OR ANY CLAIM OF INJURY OR DAMAGE. 

  
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 [signatures to follow on succeeding page] 

  
 42 

 IN WITNESS WHEREOF, Landlord and Tenant have executed this Lease with the intent to be
legally bound thereby, to be effective as of the Effective Date. 
  

											
	LANDLORD:	 		 	TENANT:
			
	 Millich Commercial, LLC
 a
California limited liability company
	 		 	Arteris, Inc., 
a Delaware corporation
					
	By:	 	Briggs Development Corporation	 		 	By:	 	/s/ K. Charles Janac
		 	a California corporation	 		 	Name:	 	K. Charles Janac
		 	Its:	 	Managing Member	 		 	Its:	 	President and CEO
						
		 	By:	 	/s/ Jeffrey L. Rogers	 		 	By:	 	/s/ Stephane Mehat
		 	Name:	 	Jeffrey L. Rogers	 		 	Name:	 	Stephane Mehat
		 	Its:	 	President	 		 	Its:	 	CFO
					
	Date:	 	7/20/2017	 		 	Date:	 	July 19, 2017

  
 43 

 EXHIBIT A 

PROJECT SITE PLAN 
  

 

  
 44 

 EXHIBIT B 

DIAGRAM OF PREMISES 
  

 

  
 45 

 EXHIBIT B-1 

DIAGRAM OF TEMPORARY SPACE 
  

 

  
 46 

 EXHIBIT C 

Space Plan of Premises Showing Landlord Improvements 
  

 

  
 47 

 EXHIBIT D 

RULES & REGULATIONS 
 1.
No sign, placard, picture, advertisement, name or notice shall be inscribed, displayed, or printed or affixed on or to any part of the outside or inside of the Building without the written consent of Landlord first had and obtained and Landlord
shall have the right to remove any such sign, placard, picture, advertisement, name or notice without notice to and at the expense of Tenant. All approved signs or lettering on doors shall be printed, painted, affixed or inscribed at the expense of
Tenant by a person approved of by Landlord. Tenant shall not place anything or allow anything to be placed near the glass of any window, door, partition or wall which may appear unsightly from outside the Premises; provided, however, that Landlord
may furnish and install a Building standard window covering at all exterior windows. Tenant shall not without prior written consent of Landlord cause or otherwise sunscreen any window. 

2. The sidewalks, halls, passages, exits, entrances, elevators and stairways shall not be obstructed by any of the tenants or used by them for
any purpose other than for ingress and egress from their respective Premises. 
 3. Tenant shall not alter any lock or install any new or
additional locks or any bolts on any doors or windows of the Premises. 
 4. Tenant shall not allow any chairs with wheels or casters to be
used without a carpet protector or chairmat. Failure to follow this requirement which results in carpet damage will result in Tenant being charged for replacement of the carpet. 

5. The toilet rooms, urinals, wash bowls and other apparatus shall not be used for any purpose other than that for which they were constructed
and no foreign substance of any kind whatsoever shall be thrown therein and the expense of any breakage, stoppage or damage resulting from the violation of this rule shall be borne by Tenant who, or whose employees or invitees shall have caused it.

 6. Tenant shall not overload the floor of the Premises or in any way deface the Premises or any part thereof. 

7. No furniture, freight or equipment of any kind shall be brought in the Building without the prior notice to Landlord and all moving of the
same into or out of the Building shall be done in such manner as Landlord shall designate. Landlord shall have the right to prescribe the weight, size and position of all safes and other heavy equipment brought into the Building and also the times
and manner of moving the same in and out of the Building. Safes or other heavy objects shall, if considered necessary by Landlord, stand on supports of such thickness as is necessary to properly distribute the weight. Landlord will not be
responsible for loss of or damage to any such safe or property from any cause and all damage done to the Building by moving or maintaining any such safe or other property shall be repaired at the expense of Tenant. 

8. Tenant shall not use, keep or permit to be used or kept any foul or noxious gas or substance in the Premises, or permit or suffer the
Premises to be occupied or used in a manner offensive or objectionable to Landlord or other occupants of the Building by reason or noise, odors and/or vibrations, or interfere in any way with other tenants or those having business therein, nor shall
any animals or birds be brought in or kept in or about the Premises or the Building other than fish in a fish tank of a size reasonably approved by Landlord. 

9. No cooking, except by microwave oven, shall be done or permitted by any Tenant on the Premises, nor shall the Premises be used for the
storage of merchandise, for washing clothes, for lodging, or for any improper, objectionable or immoral purposes. 

  
 48 

 10. Tenant shall not use or keep in the Premises of the Building any kerosene, gasoline, or
inflammable or combustible fluid or material, or use any method of heating or air conditioning other than that supplied by Landlord. 
 11.
Landlord will direct electricians as to where and how telephone and telegraph wires are to be introduced. No boring or cutting for wires will be allowed without the consent of Landlord. The locations of telephones, call boxes and other office
equipment affixed to the Premises shall be subject to the approval of Landlord. 
 12. On Saturdays, Sundays, and legal holidays, and on
other days between the hours of 7:00 PM and 7:00 AM the following day, access to the Building, or to the halls, corridors, elevators or stairways in the Building, or to the Premises may be refused unless the person seeking access is known to the
person or employee of the Building in charge and has a pass or is properly identified. Landlord shall in no case be liable for damages for any error with regard to admission to or exclusion from the Building of any person. In case of invasion, mob,
riot, public excitement, or other commotion, Landlord reserves the right to prevent access to the Building during the continuance of the same by closing of the doors or otherwise, for the safety of the tenants and protection of property in the
Building and the Building. 
 13. Landlord reserves the right to exclude or expel from the Building any person who, in the judgment of
Landlord, is intoxicated or under the influence of liquor or drugs, or who shall in any manner do any act in violation of any of the rules and regulations of the Building. 

14. No vending machine or machines of any description shall be installed, maintained or operated upon the Premises without the written consent
of the Landlord. 
 15. Landlord shall have the right, exercisable without notice and without liability to Tenant, to change the name and
street address of the Building of which the Premises are a part. 
 16. Tenant shall not disturb, solicit, or canvass any occupant of the
Building and shall cooperate to prevent the same. 
 17. Without the written consent of Landlord, Tenant shall not use the name of the
Building in connection with or in promoting or advertising the business of Tenant except as Tenant’s address. 
 18. Landlord shall
have the right to control and operate the public portions of the Building, and the public facilities, and heating and air conditioning, as well as facilities furnished for the common use of the tenants, in such manner as it deems best for the
benefit of the tenants generally. 
 19. All entrance doors in the Premises shall be left locked when the Premises are not in use, and all
doors opening to public corridors shall be kept closed except for normal ingress and egress from the Premises. 
 20. Landlord shall clean
the Premises as provided in the Lease, and except with the written consent of Landlord, no person or persons other than those approved by Landlord will be permitted to enter the Building for such purposes. Tenant shall not cause unnecessary labor by
reason of Tenant’s carelessness and indifference in the preservation of good order and cleanliness. All cardboard boxes must be “broken down”, and all styrofoam chips must be bagged or otherwise contained so as not to constitute a
nuisance. Landlord shall have no responsibility whatsoever for the theft of or damage to any property of Tenant or its employees resulting from any acts or omissions of janitorial personnel, and Tenant hereby waives any and all claims against
Landlord therefore. 
 21. Landlord reserves the right to amend or supplement the Rules and Regulations and to adopt and promulgate
additional rules and regulations applicable to the Project, the Building and/or the Premises. 

  
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 22. Neither Landlord nor Landlord’s Agents or any other person or entity shall be
responsible to Tenant or to any other person for the violation of these or other Rules and regulations by any other tenant or other person. Tenant shall be deemed to have read these Rules and Regulations and to have agreed to abide by them as a
condition precedent, waivable only by Landlord, to Tenant’s occupancy of the Premises. 
 PARKING RULES 

1. Parking areas shall be used only for parking by vehicles no longer than full size, passenger automobiles, or sport utility vehicles. Tenant and its
employees shall park automobiles within the lines of the parking spaces. Landlord may designate the areas in the parking facilities that will be available for unreserved parking, in Landlord’s sole discretion. 

2. Tenant shall not permit or allow any vehicles that belong to or are controlled by Tenant or Tenant’s employees, suppliers, shippers, customers, or
invitees to be loaded, unloaded, or parked in areas other than those designated by Landlord for such activities. Users of the parking area will obey all posted signs and park only in the areas designated for vehicle parking. 

3. Landlord may require Tenant and Tenant’s employees to use parking cards, parking stickers or other identification devices. Parking stickers, parking
cards and other identification devices shall be the property of Landlord and shall be returned to Landlord by the holder thereof upon termination of the holder’s parking privileges. Landlord may require Tenant and each of its employees to give
Landlord a deposit or a nonrefundable fee when a parking card or other parking device is issued. If Landlord collects deposits (as opposed to nonrefundable fees), Landlord shall not be obligated to return the deposit unless and until the parking
card or other device is returned to Landlord. Tenant will pay such replacement charges as is reasonably established by Landlord for the loss of such devices. Loss or theft of parking identification stickers or devices from automobiles must be
reported to the parking operator immediately. Any parking identification stickers or devices reported lost or stolen found on any unauthorized car will be confiscated and the illegal holder will be subject to prosecution. 

4. Landlord reserves the right to relocate all or a part of parking spaces within the parking area and/or to reasonably adjacent off site locations(s), and to
allocate them between compact and standard size and tandem spaces, as long as the same complies with applicable laws, ordinances and regulations and does not reduce Tenant’s parking allocation under this Lease. If access to the parking areas
are not now controlled with gates or similar devices, Landlord shall have the right, but not the obligation, to install gates or other devices to control access to the parking areas, and Tenant shall comply with all of Landlord’s rules and
regulations relating to access to the parking areas. 
 5. Unless otherwise instructed, every person using the parking area is required to park and lock his
own vehicle. Landlord will not be responsible for any damage to vehicles, injury to persons or loss of property, all of which risks are assumed by the party using the parking area. 

6. Validation of visitor parking, if established, will be permissible only by such method or methods as Landlord may establish at rates determined by
Landlord, in Landlord’s sole discretion. Only persons visiting Tenant at the Premises shall be permitted by Tenant to use the Project’s visitor parking facilities. 

7. The maintenance, washing, waxing or cleaning of vehicles in the parking structure or Common Areas is prohibited. 

8. Tenant shall be responsible for seeing that all of its employees, agents and invitees comply with the applicable parking rules, regulations, laws and
agreements. Parking area managers or attendants, if any, are not authorized to make or allow any exceptions to these Parking Rules and Regulations. Landlord reserves the right to terminate parking rights for any person or entity that willfully
refuses to comply with these rules and regulations. 

  
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 9. Every driver is required to park his own car. Where there are tandem spaces, the first car shall pull all
the way to the front of the space leaving room for a second car to park behind the first car. The driver parking behind the first car must leave his key with the parking attendant. Failure to do so shall subject the driver of the second car to a
$50.00 fine. Refusal of the driver to leave his key when parking in a tandem space shall be cause for termination of the right to park in the parking facilities. The parking operator, or his employees or agents, shall be authorized to move cars that
are parked in tandem should it be necessary for the operation of the parking facilities. Tenant agrees that all responsibility for damage to cars or the theft of or from cars is assumed by the driver, and further agrees that Tenant will hold
Landlord harmless for any such damages or theft. 
 10. No vehicles shall be parked in the parking areas overnight. The parking areas shall only be used for
daily parking and no vehicle or other property shall be stored in a parking space. 
 11. Any vehicle parked by Tenant, its employees, contractors or
visitors in a reserved parking space or in any area of the parking area that is not designated for the parking of such a vehicle may, at Landlord’s option, and without notice or demand, be towed away by any towing company selected by Landlord,
and the cost of such towing shall be paid for by Tenant and/or the driver of said vehicle. 
 12. At Landlord’s request, Tenant shall provide Landlord
with a list which includes the name of each person using the parking facilities based on Tenant’s parking rights under this Lease and the license plate number of the vehicle being used by that person. Tenant shall provide Landlord with an
updated list within five (5) days after any part of the list becomes inaccurate. 
 ELECTRIC VEHICLE CHARGING STATIONS 

1. If, and only if, Section 1952.7 of the California Civil Code (“Section 1952.7”) applies to the Building’s
parking area where Tenant’s parking spaces are located and gives Tenant the legal right to install electric vehicle charging stations (“Tenant Charging Stations”), Tenant shall have the right to install Tenant Charging Stations in its
parking spaces subject to all of the following terms and conditions and Tenant hereby acknowledges and agrees that all of the following terms and conditions are reasonable restrictions on the installation of the Tenant Charging Stations: 

(a) Prior to installing, modifying, replacing or removing any Charging Station Improvements (as defined below) Tenant shall obtain the prior
written approval of Landlord. For purposes of this Section, “Charging Station Improvements” shall mean the Tenant Charging Stations, the Charging Station Parking Spaces (as defined below), all other improvements or alterations made to the
Project as part of the installation of the Tenant Charging Stations or any modifications to any of the foregoing. Landlord shall provide its written approval or disapproval of Tenant’s request to install or modify the Charging Station
Improvements within thirty (30) days after Landlord has received the Charging Station Plans (as defined below). Nothing contained in this Section shall be interpreted as granting Tenant the right to alter any aspect of the parking spaces
including, but not limited to, the size or location of parking spaces, and Tenant shall not have the right to alter the parking spaces at the Project. 

(b) Tenant may install the greater of the following number of Tenant Charging Stations: (i) one (1) and (ii) the number derived by
dividing the rentable area of the Premises by 12,500 and rounding the resulting quotient to the nearest whole number; provided, however, in no event shall Tenant be permitted to install more Tenant Charging Stations than the lesser of the number of
parking spaces (A) it is entitled to use pursuant to Summary Item H of the Lease and (B) that are permitted by Section 1952.7. To the extent Section 1952.7 permits Tenant to install without Landlord’s approval a greater
number of Tenant Charging Stations than provided above, Tenant shall be entitled to install the smallest number of Tenant Charging Stations it is permitted to install without Landlord’s approval by Section 1952.7. The parking spaces used
when vehicles are being charged at the Tenant Charging Stations are hereinafter collectively referred to as the “Charging Station Parking Spaces”. Charging Station Parking Spaces shall be included in the number of parking spaces Tenant is
entitled to use pursuant to Summary Item H of the Lease. 

  
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 (c) Landlord may determine the location of the Tenant Charging Stations, the Charging
Station Parking Spaces and the other Charging Station Improvements in its sole discretion provided that they are located in the Building’s and/or Project’s parking area. 

(d) In addition to all other amounts payable by Tenant pursuant to this Section and the Lease, Tenant shall pay to Landlord its prevailing
reserved parking charge for each Charging Station Parking Space, as such rate is increased by Landlord from time to time (the “Parking Charges”); provided, however, if Landlord does not have a standard reserved parking rate the
Parking Charges shall be a monthly rental amount determined by Landlord. The Parking Charges shall be due and payable on the first day of each calendar month and shall constitute additional rent. 

(e) The Charging Station Improvements shall comply with all Federal, State and local laws and regulations and all covenants, conditions and
restrictions applicable to the Project including, but not limited to, applicable health, safety, zoning and land use laws (collectively, “Applicable Requirements”). 

(f) At Tenant’s sole cost and expense, Tenant may place a sign in front of each Charging Station Parking Space stating that the Charging
Station Parking Space is reserved for use by Tenant (the “Charging Station Signs”). Landlord shall have the right to approve in its sole discretion the size, content, color, design, materials and method of attachment of the
Charging Station Signs. The Charging Station Signs shall be maintained by Tenant in good condition and repair at Tenant’s sole cost and expense. 

(g) The Tenant Charging Stations may only be used by Tenant’s employees while working at the Premises, no other person or entity shall
have the right to use the Tenant Charging Stations, and Tenant shall not permit any other person or entity to use the Tenant Charging Stations. Landlord shall not be responsible for the security or use of the Tenant Charging Stations or for
preventing other persons or entities from using the Tenant Charging Stations or from parking in the Charging Station Parking Spaces. 
 (h)
Tenant shall pay, at Tenant’s sole cost and expense, any cost or expense related directly or indirectly to the existence of the Charging Station Improvements, including, but not limited to, all costs associated with the ownership, design,
purchase, installation, maintenance, repair, operation and removal of the Charging Station Improvements (collectively, “Charging Station Expenses”). Landlord shall have no obligation to pay any Charging Station Expense. If Tenant
fails to pay any Charging Station Expense or if Tenant fails to perform any obligation it has under this Section (collectively, a “Tenant Obligation”), Landlord shall have the right, but not the obligation, to complete the Tenant
Obligation (e.g., by paying the Charging Station Expense or performing the Tenant obligation), and Tenant shall reimburse Landlord for the costs incurred by Landlord plus and amount equal to ten percent (10%) of such costs within ten (10) days
after written demand. 
 (i) At all times Tenant shall, at Tenant’s sole cost and expense, maintain the Charging Station Improvements
in good condition and repair and in compliance with all Applicable Requirements. Tenant shall keep the area around the Tenant Charging Stations and the Charging Station Parking Spaces in neat and clean condition, at Tenant’s sole expense. 

(j) Tenant shall employ qualified engineers and architects approved by Landlord, in Landlord’s reasonable discretion, to prepare detailed
plans and specifications for the installation and any subsequent modification of the Charging Station Improvements (the “Charging Station Plans”). Landlord shall have the right to approve the Charging Station Plans including, but not
limited to, the type and size of the charging stations Tenant desires to install and all electrical infrastructure. Once Landlord has approved the Charging Station Plans, Tenant shall obtain all required permits and other governmental approvals
needed in order to install or modify the Charging Station Improvements pursuant to the approved Charging Station Plans, at Tenant’s sole cost and expense. Tenant shall provide copies of the permits to Landlord prior to commencing the
construction or modification of the Charging Station Improvements. Landlord shall have the right to approve in its sole discretion any conditions imposed by applicable governmental agencies on the installation or modification of the Charging Station
Improvements. In addition, Landlord shall have the right to approve in its sole discretion the methods and procedures used to complete any trenching, landscaping repairs and/or asphalt and concrete repairs. 

  
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 (k) Landlord shall have the right to approve in advance the contractors (the
“Contractors”) used by Tenant to construct, install and/or modify the Charging Station Improvements, in Landlord’s reasonable discretion; provided, however, any work on the Project’s electrical systems, plumbing systems,
life/fire/safety systems, any modifications to concreate or asphalt areas or any modifications to landscaped areas shall be performed by contractors designated by Landlord. The Contractors shall carry worker’s compensation insurance covering
all of their respective employees, and shall also carry public liability insurance, including property damage, all with limits, in form and with companies as are acceptable to Landlord, in Landlord’s reasonable discretion. Certificates for all
insurance carried pursuant to this Section shall be delivered to Landlord before the commencement of the construction or modification of the Charging Station Improvements. All such policies of insurance shall name Landlord and its property manager
as an additional insured. Prior to commencing construction or modification of the Charging Station Improvements, Tenant shall provide Landlord with copies of the final contract entered into with each Contactor. 

(l) The Contractors shall comply with Landlord’s construction rules and procedures (the “Construction Procedures”), and if any
Contractor fails to comply with the Construction Procedures after Landlord has provided the Contractor with written notice of its non-compliance, Landlord shall have the right to prohibit such Contractor from
performing any further work at the Project, and Landlord shall have no liability to Tenant do to such prohibition. Tenant and the Contractors shall not have the right, at any time, to disrupt any Building or Project service (e.g., electrical,
plumbing etc.) to the Common Areas or to another tenant’s premises or to interfere with the use of the Project’s parking area. Tenant and the Contractors shall not store construction materials at the Project and the Contractors shall not
dispose of their refuse or construction materials in the Project’s trash receptacles. Tenant shall reimburse Landlord for the cost of repairing any damage to the Project caused by the construction or modification of the Charging Station
Improvements, plus an amount equal to ten percent (10%) of such cost, within ten (10) days after written request by Landlord. Landlord shall have the right to inspect the Charging Station Improvements at all times. Landlord shall have the right
to receive a fee to reimburse it for its costs in providing approvals hereunder and in monitoring the construction or modification of the Charging Station Improvements in an amount equal to ten percent (10%) of the total cost of constructing,
installing and/or modifying the Charging Station Improvements (the “Charging Station Landlord Fee”). Tenant shall pay the Charging Station Landlord Fee to Landlord within ten (10) days after written demand. 

(m) All electricity used by the Tenant Charging Stations shall be paid by Tenant, at Tenant’s sole cost and expense. The electricity used
by the Tenant Charging Stations shall be separately metered by the applicable public utility and Tenant shall pay the electricity charges directly to the applicable public utility. All costs associated with metering the electricity used by the
Tenant Charging Stations, bringing electricity to the Tenant Charging Stations (e.g., the cost of metering devices, the cost of modifications to the Project’s electrical system, the cost of bringing electrical lines to the Tenant Charging
Stations etc.) and all design and construction costs associated with bringing electricity to the Tenant Charging Stations shall be paid by Tenant, at Tenant’s sole cost and expense. Landlord shall determine in its sole discretion what
electrical improvements need to be made to bring the electricity to the Tenant Charging Stations, and where such electrical improvements will be located, and all such electrical improvements shall be included in the Charging Station Plans. 

(n) Upon the termination of the Lease or upon Tenant’s election to no longer use the Tenant Charging Stations, Tenant shall remove the
Charging Station Improvements and shall return the Project to the condition it was in prior to the installation of the Charging Station Improvements, at Tenant’s sole cost and expense. At Landlord’s option, Landlord may require Tenant to
leave some or all of the Charging Station Improvements in place upon the termination of the Lease or upon Tenant’s election to no longer use the Tenant Charging Stations, and in this event, the Charging Station Improvements left by Tenant shall
be the property of Landlord. At Landlord’s option, Tenant shall execute a bill of sale confirming that it has conveyed title to the Charging Station Improvements to Landlord free of all liens and encumbrances within ten (10) days after
Landlord’s written request. 
 (o) Prior to and as condition to Tenant’s right to install Tenant Charging Stations, Landlord may
require Tenant to provide to Landlord an additional security deposit in an amount equal to Landlord’s estimate of the cost of removing the Charging Station Improvements and returning the Project to the

  
 53 

 
condition it was in prior to the installation of the Charging Station Improvements (the “Charging Station Deposit”). The Charging Station Deposit shall be held by Landlord
pursuant to the terms of Section 3.5 of the Lease, and shall be paid by Tenant in addition to any other security deposit required by Landlord. 

(p) The Charging Station Improvements shall be considered a use of the Premises pursuant to Section 10.3 of the Lease, and pursuant to
Section 10.3 Tenant shall indemnify, defend and hold harmless Landlord and its Agents (as defined in Section 10.3) from any and all liability, penalties, losses, damages, costs, expenses, causes of action, claims and/or judgments arising
out of or in any way related to the installation, use, repair, maintenance and removal of the Charging Station Improvements. The insurance purchased by Tenant pursuant to Section 8.1 of the Lease shall apply to the Charging Station
Improvements, and within fourteen (14) days after Landlord approves the installation of the Tenant Charging Stations Tenant shall provide Landlord with a certificates of insurance meeting the requirements of Section 9.1 of the Lease
showing that the insurance described above is in place with respect to the Charging Station Improvements. 
 (q) Landlord shall have the
right at any time, in Landlord’s sole discretion, to elect to relocate some or all of the Charging Station Improvements to another area of the Project (a “Relocation”). In the event of a Relocation, Landlord shall pay for the cost of
the Relocation at Landlord’s sole cost and expense. After the Relocation, all of the terms and conditions of this Section shall continue to apply to the Charging Station Improvements. 

(r) If as a result of the construction or the existence of the Charging Station Improvements, Landlord is obligated to comply with the
Americans With Disabilities Act or any other law or regulation and such compliance requires Landlord to make any improvements or alterations to any portion of the Project (an “Additional Alteration”), Landlord shall have the right to make
the Additional Alteration and in this event Tenant shall reimburse Landlord for the cost of the Additional Alteration plus ten percent (10%) of the cost of the Additional Alteration within ten (10) days after written demand. 

(s) At Landlord’s option and in addition to all of Landlord’s other rights under this Section, Landlord may require Tenant to comply
with some or all of the items described on the “Permitting Checklist” of the “Zero-Emission Vehicles in California: Community Readiness Guidebook” referred to in Section 1952.7, at Tenant’s sole cost and expense. 

(t) If any provision of this Section is determined to conflict with the requirements of Section 1952.7, the provision shall be modified
to the least extent possible to comply with the requirements of Section 1952.7 and except as modified such provision shall remain in full force and effect. 

  
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 Exhibit E 

Common Area Improvements Planned as of Lease Reference Date 
  

	1.	 Exterior building finish upgrades to include partial stucco work and natural stone. 

	2.	 New mansard exterior roofing. 

	3.	 New exterior lighting. 

	4.	 New exterior metal awning over main building entrance. 

	5.	 New accessible path of travel from public sidewalks to building entry. 

	6.	 Remodel restrooms – work complete. 

	7.	 New courtyard finishes to include tile walkways and landscaping. 

	8.	 Replace courtyard stairs and hand railing. 

	9.	 New common area lighting. 

	10.	 Install new elevator 

  
 55

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