Document:

2008 Stock Option Plan

 Exhibit 10.1 
 2008 STOCK OPTION PLAN 
 1. Purposes of the Plan. The purposes of
this 2008 Stock Option Plan are to attract and retain the best available personnel for positions of substantial responsibility, to provide additional incentive to Employees and Consultants and to promote the success of the Company’s business.
Options granted under the Plan may be Incentive Stock Options or Nonstatutory Stock Options, as determined by the Administrator at the time of grant of an Option and subject to the applicable provisions of Section 422 of the Code and the
regulations promulgated thereunder. 
 2. Definitions. As used herein, the following definitions shall apply: 

(a) “Administrator” means the Board or its Committee appointed pursuant to Section 4 of the Plan. 

(b) “Affiliate” means an entity other than a Subsidiary (as defined below) which, together with the Company, is under
common control of a third person or entity. 
 (c) “Applicable Laws” means the legal requirements relating to
the administration of stock option and restricted stock purchase plans under federal and state corporate laws, federal and state securities laws, the Code, any Stock Exchange rules or regulations and the applicable laws of any other country or
jurisdiction where Options are granted under the Plan, as such laws, rules, regulations and requirements shall be in place from time to time. 
 (d) “Board” means the board of directors of the Company. 
 (e)
“Cause” for termination of a Participant’s Continuous Service Status will exist if the Participant is terminated for any of the following reasons: (i) Participant’s willful failure substantially to perform his or her
duties and responsibilities to the Company or any Subsidiary, Parent, Affiliate or successor thereto, as appropriate; (ii) Participant’s repeated unexplained or unjustified absence from the Company or any Subsidiary, Parent, Affiliate or
successor thereto, as appropriate; (iii) Participant’s commission of any act of fraud, embezzlement, dishonesty or any other willful and serious misconduct that has caused or is reasonably expected to result in material injury to the
Company or to any Subsidiary, Parent, Affiliate or successor thereto; (iv) unauthorized use or disclosure by Participant of any proprietary information or trade secrets of the Company or any other party to whom the Participant owes an
obligation of nondisclosure as a result of his or her relationship with the Company or a Subsidiary, Parent, Affiliate or successor thereto; or (iv) Participant’s willful breach of any of his or her obligations under any written agreement
or covenant with the Company or with any Subsidiary, Parent, Affiliate or successor to the Company. The determination as to whether a Participant is being terminated for Cause shall be made in good faith by the Company or a Subsidiary, Parent,
Affiliate or successor thereto, as appropriate, and shall be final and binding on the Participant. If any agreement, by and between the Company and any Employee or Consultant of the Company participating in the Plan, permits such Employee or
Consultant to be terminated for “cause” by the Company for a reason other than one set forth in the preceding sentence, then such other reason(s) are herein incorporated by reference with respect to such Employee or Consultant (and the
remaining definitions of cause herein shall be nullified by their absence from such agreement). The foregoing definition does not in any way limit the ability of the Company or a Subsidiary, Parent, Affiliate or successor thereto to terminate a
Participant’s employment or consulting relationship at any time as provided in Section 5(d) below. 

 (f) “Change of Control” means a sale of all or substantially all of the
Company’s assets, or any merger or consolidation of the Company with or into another corporation other than a merger or consolidation in which the holders of more than fifty percent (50%) of the shares of capital stock of the Company
outstanding immediately prior to such transaction continue to hold (either by the voting securities remaining outstanding or by their being converted into voting securities of the surviving entity) more than fifty percent (50%) of the total
voting power represented by the voting securities of the Company, or such surviving entity, outstanding immediately after such transaction. 
 (g) “Code” means the Internal Revenue Code of 1986, as amended. 

(h) “Committee” means one or more committees or subcommittees of the Board appointed by the Board to administer the Plan
in accordance with Section 4 below. 
 (i) “Common Stock” means the common stock of the Company.

 (j) “Company” means Cancer Genetics, Inc., a Delaware corporation. 

(k) “Consultant” means any person, including an advisor, who is engaged by the Company or any Parent, Subsidiary or
Affiliate to render services and is compensated for such services, and any director of the Company whether compensated for such services or not. 
 (1) “Continuous Service Status” means the absence of any interruption or termination of service as an Employee or Consultant. Continuous Service Status as an Employee or Consultant shall
not be considered interrupted in the case of: (i) sick leave; (ii) military leave; (iii) any other leave of absence approved by the Administrator, provided that such leave is for a period of not more than ninety (90) days, unless
reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise pursuant to Company policy adopted from time to time; or (iv) transfers between locations of the Company or between the Company,
its Parents, Subsidiaries, Affiliates or their respective successors. A change in status from an Employee to a Consultant or from a Consultant to an Employee will not constitute an interruption of Continuous Service Status. 

(m) “Corporate Transaction” means a sale of all or substantially all of the Company’s assets, or a merger,
consolidation or other capital reorganization of the Company with or into another corporation and includes a Change of Control. 

(n) “Director” means a member of the Board. 
 (o) “Employee” means any person employed by the Company or any Parent Subsidiary or Affiliate, with the status of employment determined based upon such factors as are deemed appropriate
by the Administrator in its discretion, subject to any requirements of the Code or the Applicable Laws. The payment by the Company of a director’s fee to a Director shall not be sufficient to constitute “employment” of such Director
by the Company. 
 (p) “Exchange Act” means the Securities Exchange Act of 1934, as amended. 

(q) “Fair Market Value” means, as of any date, the fair market value of the Common Stock, as determined by the
Administrator in good faith on such basis as it deems appropriate and applied consistently with respect to Participants. 

  
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 (r) “Incentive Stock Option” means an Option intended to qualify as an
incentive stock option within the meaning of Section 422 of the Code, as designated in the applicable Option Agreement. 

(s) “Involuntary Termination” means termination of a Participant’s Continuous Services Status under the following
circumstances; (i) termination without Cause by the Company or a Subsidiary, Parent, Affiliate or successor thereto, as appropriate; or (ii) voluntary termination by the Participant following (A) an unreasonable and material reduction
in the Participant’s job responsibilities, provided that neither a mere change in title alone nor reassignment following a Change of Control to a position that is substantially similar to the position held prior to the Change of Control shall
constitute a material reduction in job responsibilities, or (B) a reduction in Participant’s then-current base salary, provided that an across-the-board reduction in the salary level of all other employees or consultants in positions
similar to the Participant’s by the same percentage amount as part of a general salary level reduction shall not constitute such a salary reduction. If any agreement, by and between the Company and any Employee or Consultant participating in
the Plan, permits such Employee or Consultant to terminate such agreement as a result of a breach by the Company other than one set forth in the preceding sentence, then such other reason(s) are herein incorporated by reference with respect to such
Employee or Consultant. 
 (t) “Named Executive” means any individual who, on the last day of the
Company’s fiscal year, is the chief executive officer of the Company (or is acting in such capacity) or among the four most highly compensated officers of the Company (other than the chief executive officer). Such officer status shall be
determined pursuant to the executive compensation disclosure rules under the Exchange Act. 
 (u) “Nonstatutory Stock
Option” means an Option not intended to qualify as an Incentive Stock Option, as designated in the applicable Option Agreement. 
 (v) “Option” means a stock option granted pursuant to the Plan. 

(w) “Option Agreement” means a written document, the form(s) of which shall be approved from time to time by the
Administrator, reflecting the terms of an Option granted under the Plan and includes any documents attached to or incorporated into such Option Agreement, including, but not limited to, a notice of stock option grant and a form of exercise notice.

 (x) “Optioned Stock” means the Common Stock subject to an Option. 

(y) “Optionee” means an Employee or Consultant who receives an Option. 

(z) “Parent” means a “parent corporation,” whether now or hereafter existing, as defined in
Section 424(c) of the Code, or any successor provision. 
 (aa) “Participant” means any holder of one or
more Options, or the Shares issuable or issued upon exercise of such Options, under the Plan. 
 (bb) “Plan”
means this 2008 Stock Option Plan. 
 (cc) “Reporting Person” means an officer, Director, or greater than ten
percent stockholder of the Company within the meaning of Rule 16a-2 under the Exchange Act, who is required to file reports pursuant to Rule 16a-3 under the Exchange Act. 

  
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 (dd) “Rule 16b-3” means Rule 16b-3 promulgated under the Exchange Act, as
amended from time to time, or any successor provision. 
 (ee) “Share(s)” means a share(s) of the Common Stock,
as adjusted in accordance with Section 13 of the Plan. 
 (ff) “Subsidiary” means a “subsidiary
corporation” whether now or hereafter existing, as defined in Section 424(f) of the Code, or any successor provision. 

(gg) “Ten Percent Holder” means a person who owns stock representing more than ten percent (10%) of the voting
power or value of all classes of stock of the Company or any Parent or Subsidiary. 
 3. Stock Subject to the Plan.
Subject to the provisions of Section 13 of the Plan, the maximum aggregate number of Shares that may be sold under the Plan is [Insert Number of Shares] shares of Common Stock. The Shares may be authorized, but unissued, or
reacquired Common Stock. If an award should expire or become unexercisable for any reason without having been exercised in full the unpurchased Shares that were subject thereto shall, unless the Plan shall have been terminated, become available for
future grant under the Plan. In addition, any Shares which are retained by the Company upon exercise of an award in order to satisfy the exercise or purchase price for such award or any withholding taxes due with respect to such exercise or purchase
shall be treated as not issued and shall continue to be available under the Plan. Shares issued under the Plan and later repurchased by the Company pursuant to any repurchase right which the Company may have shall not be available for future grant
under the Plan. 
 4. Administration of the Plan. 

(a) General. The Plan shall be administered by the Board or a Committee, or a combination thereof, as determined by the Board. The Plan
may be administered by different administrative bodies with respect to different classes of Participants and, if permitted by the Applicable Laws, the Board may authorize one or more officers to make awards under the Plan. 

(b) Committee Composition. If a Committee has been appointed pursuant to this Section 4, such Committee shall continue to
serve in its designated capacity until otherwise directed by the Board. From time to time the Board may increase the size of any Committee and appoint additional members thereof, remove members (with or without cause) and appoint new members in
substitution therefor, fill vacancies (however caused) and remove all members of a Committee and thereafter directly administer the Plan, all to the extent permitted by the Applicable Laws and, in the case of a Committee administering the Plan in
accordance with the requirements of Rule 16b-3 or Section 162(m) of the Code, to the extent permitted or required by such provisions. 
 (c) Powers of the Administrator. Subject to the provisions of the Plan and in the case of a Committee, the specific duties delegated by the Board to such Committee, the Administrator shall have the
authority, in its discretion: 
 (i) to determine the Fair Market Value of the Common Stock, in accordance with
Section 2(q) of the Plan, provided that such determination shall be applied consistently with respect to Participants under the Plan; 

  
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 (ii) to select the Employees and Consultants to whom Options may from time to time be
granted; 
 (iii) to determine whether and to what extent Options are granted; 

(iv) to determine the number of Shares to be covered by each award granted; 

(v) to approve the form(s) of agreement(s) used under the Plan; 

(vi) to determine the terms and conditions, not inconsistent with the terms of the Plan, of any award granted hereunder, which terms and
conditions include but are not limited to the exercise or purchase price, the time or times when awards may be exercised (which may be based on performance criteria), any vesting acceleration or waiver of forfeiture restrictions, and any restriction
or limitation regarding any Option, Optioned Stock or restricted stock issued upon exercise of an Option, based in each case on such factors as the Administrator, in its sole discretion, shall determine; 

(vii) to determine whether and under what circumstances an Option may be settled in cash under Section 10(c) instead of Common
Stock; 
 (viii) to adjust the vesting of an Option held by an Employee or Consultant as a result of a change in the terms or
conditions under which such person is providing services to the Company; 
 (ix) to construe and interpret the terms of the
Plan and awards granted under the Plan, which constructions, interpretations and decisions shall be final and binding on all Participants; and 
 (x) in order to fulfill the purposes of the Plan and without amending the Plan, to modify grants of Options to Participants who are foreign nationals or employed outside of the United States in order to
recognize differences in local law, tax policies or customs. 
 5. Eligibility. 

(a) Recipients of Grants. Nonstatutory Stock Options may be granted to Employees and Consultants. Incentive Stock Options may be
granted only to Employees, provided that Employees of Affiliates shall not be eligible to receive Incentive Stock Options. 

(b) Type of Option. Each Option shall be designated in the Option Agreement as either an Incentive Stock Option or a Nonstatutory
Stock Option. 
 (c) ISO $100,000 Limitation. Notwithstanding any designation under Section 5(b), to the extent that
the aggregate Fair Market Value of Shares with respect to which Options designated as Incentive Stock Options are exercisable for the first time by any Optionee during any calendar year (under all plans of the Company or any Parent or Subsidiary)
exceeds $100,000, such excess Options shall be treated as Nonstatutory Stock Options. For purposes of this Section 5(c), Incentive Stock Options shall be taken into account in the order in which they were granted, and the Fair Market Value of
the Shares subject to an Incentive Stock Option shall be determined as of the date of the grant of such Option. 

  
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 (d) No Employment Rights. The Plan shall not confer upon any Participant any right
with respect to continuation of an employment or consulting relationship with the Company, nor shall it interfere in any way with such Participant’s right or the Company’s right to terminate his or her employment or consulting relationship
at any time, in accordance with applicable federal and state laws and any employment or consulting agreement, by and between the Employee or the Consultant and the Company. 
 6. Term of Plan. The Plan shall become effective upon its adoption by the Board. It shall continue in effect for a term often (10) years unless sooner terminated under Section 15 of the
Plan. 
 7. Term of Option. The term of each Option shall be the term stated in the Option Agreement; provided that the
term shall be no more than ten (10) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement and provided further that, in the case of an Incentive Stock Option granted to a person who at the time of
such grant is a Ten Percent Holder, the term of the Option shall be five (5) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement. 

8. Option Exercise Price and Consideration. 
 (a) Exercise Price. The per Share exercise price for the Shares to be issued pursuant to exercise of an Option shall be such price as is determined by the Administrator and set forth in the Option
Agreement, but shall be subject to the following: 
 (i) In the case of an Incentive Stock Option 

(A) granted to an Employee who at the time of grant is a Ten Percent Holder, the per Share exercise price shall be no less than One
Hundred Ten Percent (110%) of the Fair Market Value per Share on the date of grant; or 
 (B) granted to any other
Employee, the per Share exercise price shall be no less than One Hundred Percent (100%) of the Fair Market Value per Share on the date of grant. 
 (ii) In the case of a Nonstatutory Stock Option, the per share exercise price shall be no less than One Hundred Percent (100%) of the Fair Market Value per Share on the date of grant. 

(b) Permissible Consideration. The consideration to be paid for the Shares to be issued upon exercise of an Option, including the
method of payment, shall be determined by the Administrator (and, in the case of an Incentive Stock Option, shall be determined at the time of grant) and may consist entirety of (i) cash; (ii) check; (iii) delivery of Optionee’s
promissory note with such recourse, interest, security and redemption provisions as the Administrator determines to be appropriate (subject to the provisions of Section 152 of the Delaware General Corporation Law); (iv) cancellation of
indebtedness; (v) other Shares that have a Fair Market Value on the date of surrender equal to the aggregate exercise price of the Shares as to which the Option is exercised, provided that in the case of Shares acquired, directly or indirectly,
from the Company, such Shares must have been owned by the Optionee for more than six months on the date of surrender (or such other period as may be required to avoid the Company’s incurring an adverse accounting charge); or

  
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(vi) any combination of the foregoing methods of payment. In making its determination as to the type of consideration to accept, the Administrator shall consider if acceptance of such
consideration may be reasonably expected to benefit the Company and the Administrator may, in its sole discretion, refuse to accept a particular form of consideration at the time of any Option exercise. 

10. Exercise of Option. 
 (a) General. 
 (i) Exercisability. Any Option granted hereunder
shall be exercisable at such times and under such conditions as determined by the Administrator, consistent with the term of the Plan and reflected in the Option Agreement, including vesting requirements and/or performance criteria with respect to
the Company and/or the Optionee. The Administrator shall have the discretion to determine whether and to what extent the vesting of Options shall be tolled during any unpaid leave of absence; provided however that in the absence of such
determination, vesting of Options shall be tolled during any such leave. 
 (ii) Minimum Exercise Requirements. An
Option may not be exercised for a fraction of a Share. The Administrator may require that an Option be exercised as to a minimum number of Shares, provided that such requirement shall not prevent an Optionee from exercising the full number of Shares
as to which the Option is then exercisable. 
 (iii) Procedures for and Results of Exercise. An Option shall be deemed
exercised when written notice of such exercise has been given to the Company in accordance with the terms of the Option by the person entitled to exercise the Option and the Company has received full payment for the Shares with respect to which the
Option is exercised. Full payment may, as authorized by the Administrator, consist of any consideration and method of payment allowable under Section 9(b) of the Plan, provided that the Administrator may, in its sole discretion, refuse to
accept any form of consideration at the time of any Option exercise. 
 Exercise of an Option in any manner shall result in a
decrease in the number of Shares that thereafter may be available, both for purposes of the Plan and for sale under the Option, by the number of Shares as to which the Option is exercised. 

(iv) Rights as Stockholder. Until the issuance of the Shares (as evidenced by the appropriate entry on the books of the Company
or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a stockholder shall exist with respect to the Optioned Stock, notwithstanding the exercise of the Option. No adjustment will be made
for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 13 of the Plan. 
 (b) Termination of Employment or Consulting Relationship. Except as otherwise set forth in this Section 10(b), the Administrator shall establish and set forth in the applicable Option
Agreement the terms and conditions upon which an Option shall remain exercisable, if at all, following termination of an Optionee’s Continuous Service Status, which provisions may be waived or modified by the Administrator at any time in the
Administrator’s sole discretion. To the extent that the Optionee is not entitled to exercise an Option at the date of his or her termination of Continuous Service Status, or if the Optionee (or other person entitled to exercise the Option) does
not exercise the Option to the extent so entitled within the time specified in the Option Agreement or 

  
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below (as applicable), the Option shall terminate and the Optioned Stock underlying the unexercised portion of the Option shall revert to the Plan. In no event may any Option be exercised after
the expiration of the Option term as set forth in the Option Agreement (and subject to Section 7). 
 The following
provisions (1) shall apply to the extent an Option Agreement does not specify the terms and conditions upon which an Option shall terminate upon termination of an Optionee’s Continuous Service Status, and (2) establish the minimum
post-termination exercise periods that may be set forth in an Option Agreement: 
 (i) Termination other than Upon
Disability or Death. In the event of termination of an Optionee’s Continuous Service Status, such Optionee may exercise an Option for thirty (30) days following such termination to the extent the Optionee was entitled to exercise it at
the date of such termination. 
 (ii) Disability of Optionee. In the event of termination of an. Optionee’s
Continuous Service Status as a result of his or her disability (within the meaning of Section 22(e)(3) of the Code), such Optionee may exercise an Option at any time within one (1) year following such termination to the extent the Optionee
was entitled to exercise it at the date of such termination. 
 (iii) Death of Optionee. In the event of the death of an
Optionee during the period of Continuous Service Status since the date of grant of the Option, or within thirty days following termination of Optionee’s Continuous Service Status, the Option may be exercised by Optionee’s estate or by a
person who acquired the right to exercise the Option by bequest or inheritance at any time within six (6) months following the date of death, but only to the extent of the right to exercise that had accrued at the date of death or, if earlier,
the date the Optionee’s Continuous Service Status terminated. 
 (c) Buy-out Provisions. The Administrator may at
any time offer to buy-out for a payment in cash or Shares an Option previously granted under the Plan based on such terms and conditions as the Administrator shall establish and communicate to the Optionee at the time that such offer is made.

 11. Taxes. 
 (a) As a condition of the exercise of an Option granted under the Plan, the Participant (or in the case of the Participant’s death, the person exercising the Option) shall make such arrangements as
the Administrator may require for the satisfaction of any applicable federal, state, local or foreign withholding tax obligations that may arise in connection with the exercise of the Option and the issuance of Shares. The Company shall not be
required to issue any Shares under the Plan until such obligations are satisfied. If the Administrator allows the withholding or surrender of Shares to satisfy a Participant’s tax withholding obligations under this Section 11 (whether
pursuant to Section 11(c), (d) or (e), or otherwise), the Administrator shall not allow Shares to be withheld in an amount that exceeds the minimum statutory withholding rates for federal and state tax purposes, including payroll taxes.

 (b) In the case of an Employee and in the absence of any other arrangement, the Employee shall be deemed to have directed the
Company to withhold or collect from his or her compensation an amount sufficient to satisfy such tax obligations from the next payroll payment otherwise payable after the date of an exercise of the Option. 

  
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 (c) If permitted by the Administrator, in its discretion, a Participant may satisfy his or
her tax obligations upon exercise of an Option by surrendering to the Company, Shares that have a Fair Market Value determined as of the applicable Tax Date equal to the amount required to be withheld. In the case of shares previously acquired from
the Company that are surrendered under this Section 11(c), such Shares must have been owned by the Participant for more than six (6) months on the date of surrender (or such other period of time as is required for the Company to avoid
adverse accounting charges). For purposes of this Section 11, the Fair Market Value of the Shares to be withheld shall be determined on the date that the amount of tax to be withheld is to be determined under the Applicable Laws (the “Tax
Date”). 
 (d) Any election or deemed election by a Participant to have Shares withheld to satisfy tax withholding
obligations under Section 11(c) above shall be irrevocable as to the particular Shares as to which the election is made and shall be subject to the consent or disapproval of the Administrator. Any election by a Participant under
Section 11(c) above must be made on or prior to the applicable Tax Date. 
 (e) In the event an election to have Shares
withheld is made by a Participant and the Tax Date is deferred under Section 83 of the Code because no election is filed under Section 83(b) of the Code, the Participant shall receive the full number of Shares with respect to which the
Option is exercised but such Participant shall be unconditionally obligated to tender back to the Company the proper number of Shares on the Tax Date. 
 12. Non-Transferability of Options. 
 (a) General. Except as set
forth in this Section 12, Options may not be sold, pledged, assigned, hypothecated, transferred or disposed of in any manner other than by will or by the laws of descent or distribution. The designation of a beneficiary by an Optionee will not
constitute a transfer. An Option may be exercised, during the lifetime of the holder of an Option, only by such holder or a transferee permitted by this Section 12. 
 (b) Limited Transferability Rights. Notwithstanding anything else in this Section 12, the Administrator may in its discretion grant Nonstatutory Stock Options that may be transferred by
instrument to an inter vivos or testamentary trust in which the Options are to be passed to beneficiaries upon the death of the trustor (settlor) or by gift to “Immediate Family” (as defined below), on such terms and conditions as the
Administrator deems appropriate. “Immediate Family” means any child, stepchild, grandchild, parent, stepparent, grandparent, spouse, sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, and
shall include adoptive relationships. 
 13. Adjustments Upon Changes in Capitalization. Merger or Certain Other
Transactions. 
 (a) Changes in Capitalization. Subject to any required action by the stockholders of the Company,
the number of Shares of Common Stock covered by each outstanding Option, the numbers of Shares set forth in Section 3, above, and the number of Shares of Common Stock that have been authorized for issuance under the Plan but as to which no
Options have yet been granted or that have been returned to the Plan upon cancellation or expiration of an Option, as well as the price per Share of Common Stock covered by each such outstanding Option, shall be proportionately adjusted for any
increase or decrease in the number of issued Shares of Common Stock resulting from a stock split, reverse stock split, stock dividend, combination, recapitalization or reclassification 

  
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of the Common Stock, or any other increase or decrease in the number of issued Shares of Common Stock effected without receipt of consideration by the Company; provided, however,
that conversion of any convertible securities of the Company shall not be deemed to have been “effected without receipt of consideration.” Such adjustment shall be made by the Administrator, whose determination in that respect shall be
final, binding and conclusive. Except as expressly provided herein, no issuance by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be
made with respect to, the number or price of Shares of Common Stock subject to an Option. 
 (b) Dissolution or
Liquidation. In the event of the dissolution or liquidation of the Company, each Option will terminate immediately prior to the consummation of such action, unless otherwise determined by the Administrator. 

(c) Corporate Transactions; Change of Control. In the event of a Change of Control, each outstanding Option shall be assumed or an
equivalent option shall be substituted by the successor corporation or a Parent or Subsidiary of such successor corporation (such entity, the “Successor Corporation”), unless the Successor Corporation does not agree to such assumption or
substitution, in which case the vesting of each Option shall accelerate and the Options shall become exercisable in full (including with respect to Shares as to which an Option would not otherwise be vested and exercisable), in full, prior to
consummation of the transaction at such time and on such conditions as the Administrator shall determine. To the extent an Option is not exercised prior to consummation of a Change of Control in which the vesting of Options is being accelerated,
such Option shall terminate upon such consummation and the Administrator shall notify the Optionee of such fact at least five (5) days prior to the date on which the Option terminates. 

In the event Plan awards are assumed or substituted in connection with a Change of Control and a Participant holding such an assumed or
substituted award experiences an Involuntary Termination within twenty-four (24) months following the Change of Control, any assumed or substituted Option held by the terminated Participant at the time of termination shall accelerate and become
exercisable in full (including with respect to any shares of stock then underlying the Option as to which the Option would not otherwise be vested and exercisable), immediately prior to the effective date of the Involuntary Termination. 

For purposes of this Section 13(c), an Option shall be considered assumed, without limitation, if, at the time of issuance of the
stock or other consideration upon or a Change of Control, each holder of an Option would be entitled to receive upon exercise of the Option the same number and kind of shares of stock or the same amount of property, cash or securities as such holder
would have been entitled to receive upon the occurrence of the transaction if the holder had been, immediately prior to such transaction, the holder of the number of Shares of Common Stock covered by the Option at such time (after giving effect to
any adjustments in the number of Shares covered by the Option as provided for in this Section 13); provided, however, that if the consideration received in the transaction is not solely common stock of the Successor Corporation,
the Administrator may, with the consent of the Successor Corporation, provide for the consideration to be received upon exercise of the Option to be solely common stock of the Successor Corporation equal to the Fair Market Value of the per Share
consideration received by holders of Common Stock in the transaction. 
 (d) Accounting and Tax Treatment. 

  
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 (i) Limitation on Payments. In the event that the vesting acceleration or lapse of a
repurchase right provided for in Section 13(c) above (x) constitute a “parachute payment” within the meaning of Section 280G of the Code, and (y) but for this Section 13(d)(ii) would be subject to the excise tax
imposed by Section 4999 of the Code (or any corresponding provisions of state income tax law), then such vesting acceleration or lapse of a repurchase right shall be either 

(A) delivered in full, or 
 (B) delivered as to such lesser extent which would result in no portion of such severance benefits subject to excise tax under Code Section 4999, 

whichever of the foregoing amounts, taking into account the applicable federal, state and local income taxes and the excise tax imposed by Code
Section 4999, results in the receipt by the Participant on an after-tax basis of the greater amount of acceleration or lapse of repurchase rights benefits, notwithstanding that all or some portion of such benefits may be taxable under Code
Section 4999. Any determination required under this Section 13(d) shall be made in writing by the Company’s independent accountants, whose determination shall be conclusive and binding for all purposes on the Company and any affected
Participant. In the event that (i)(A) above applies, then the Participant shall be responsible for any excise taxes imposed with respect to such benefits. In the event that (i)(B) above applies, then each benefit provided hereunder shall be
proportionately reduced to the extent necessary to avoid imposition of such excise taxes. 
 14. Time of Granting
Options. The date of grant of an Option shall, for all purposes, be the date on which the Administrator makes the determination granting such Option, or such other date as is determined by the Administrator, provided that in the case of any
Incentive Stock Option, the grant date shall be the later of the date on which the Administrator makes the determination granting such Incentive Stock Option or the date of commencement of the Optionee’s employment relationship with the
Company. Notice of the determination shall be given to each Employee or Consultant to whom an Option is so granted within a reasonable time after the date of such grant. 
 15. Amendment and Termination of the Plan. 
 (a) Authority to Amend or
Terminate. The Board may at any time amend, alter, suspend or discontinue the Plan, but no amendment, alteration, suspension or discontinuation (other than an adjustment pursuant to Section 13 above) shall be made that would materially and
adversely affect the rights of any Optionee under any outstanding grant, without his or her consent. In addition, to the extent necessary and desirable to comply with the Applicable Laws, the Company shall obtain stockholder approval of any Plan
amendment in such a manner and to such a degree as required. 
 (b) Effect of Amendment or Termination. No amendment or
termination of the Plan shall materially and adversely affect Options already granted, unless mutually agreed otherwise between the Optionee and the Administrator, which agreement must be in writing and signed by the Optionee and the Company.

 (c) Accounting Issues. Notwithstanding anything else to the contrary in this Section 15, the Administrator may at
any time amend or adjust the Plan or an outstanding award issued under the Plan without the consent of the affected Participant(s) if such amendment or adjustment is necessary to avoid the Company’s incurring adverse accounting charges.

  
 -11-

 16. Conditions Upon Issuance of Shares. Notwithstanding any other provision of the
Plan or any agreement entered into by the Company pursuant to the Plan, the Company shall not be obligated, and shall have no liability for failure, to issue or deliver any Shares under the Plan unless such issuance or delivery would comply with the
Applicable Laws, with such compliance determined by the Company in consultation with its legal counsel. As a condition to the exercise of an Option, the Company may require the person exercising the award to represent and warrant at the time of any
such exercise that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation is required by law. 

17. Reservation of Shares. The Company, during the term of this Plan, will at all times reserve and keep available such number of
Shares as shall be sufficient to satisfy the requirements of the Plan. 
 18. Agreements. Options shall be evidenced by
Option Agreements in such form(s) as the Administrator shall from time to time approve. 
 19. Stockholder Approval. If
required by the Applicable Laws, continuance of the Plan shall be subject to approval by the stockholders of the Company within twelve (12) months before or after the date the Plan is adopted. Such stockholder approval shall be obtained in the
manner and to the degree required under the Applicable Laws. 
 20. Information and Documents to Optionees. If required
by the Applicable Laws, the Company shall provide financial statements at least annually to each Optionee and to each individual who acquired Shares pursuant to the Plan, during the period such Optionee has one or more Options outstanding, and in
the case of an individual who acquired Shares pursuant to the Plan, during the period such individual owns such Shares. The Company shall not be required to provide such information if the issuance of Options under the Plan is limited to key
employees whose duties in connection with the Company assure their access to equivalent information. 

  
 -12-Form of Notice of Stock Option Grant

 Exhibit 10.2 
 FORM OF NOTICE OF STOCK OPTION GRANT 
 [address of grantee] 

You have been granted an option to purchase common stock of Cancer Genetics, Inc., a Delaware corporation (the “Company”), as
follows: 
  

			
	Board Approval Date:	  	        [                ]
		
	Date of Grant (Later of Board Approval Date or Commencement of Employment/Consulting Relationship):	  	        [                ]
		
	Per Share Exercise Price:	  	        $[        ]
		
	Total Number of Shares Granted:	  	        [            ]
		
	Total Exercise Price:	  	        $[            ]
		
	Type of Option:	  	        [        ] Incentive Stock Options
		
		  	        [        ] - Nonstatutory Stock Options
		
	Expiration Date:	  	        [                ]
		
	Vesting Commencement Date:	  	        [                ]
		
	Vesting/Exercise Schedule:	  	So long as your employment or consulting relationship with the Company continues, the Shares underlying this Option shall vest and become exercisable in accordance with the
following schedule: Twenty Percent (20%) of the Shares subject to the Option shall vest and become exercisable on the Twelfth (12th) month anniversary of the Vesting Commencement Date and One Sixtieth (l/60th) of the total number of Shares subject to the Option shall vest and
become exercisable each month anniversary thereafter.

			
	Termination Period:	  	This Option may be exercised for thirty (30) days after termination of employment or consulting relationship except as set out in Section 5 of the Stock Option Agreement (but in
no event later than the Expiration Date). Optionee is responsible for keeping track of these exercise periods following termination for any reason of his or her service relationship with the Company. The Company will not provide further notice of
such periods.
		
	Transferability:	  	This Option may not be transferred.

 By your signature and the signature of the Company’s representative below, you and the Company agree
that this option is granted under and governed by the terms and conditions of the Cancer Genetics, Inc. 2008 Stock Option Plan and the Stock Option Agreement, both of which are attached and made a part of this document. 

In addition, you agree and acknowledge that your rights to any Shares underlying the Option will be earned only as you provide services
to the Company over time, that the grant of the Option is not as consideration for services you rendered to the Company prior to your Vesting Commencement Date, and that nothing in this Notice or the attached documents confers upon you any right to
continue your employment or consulting relationship with the Company for any period of time, nor does it interfere in any way with your right or the Company’s right to terminate that relationship in accordance with any applicable federal and
state laws and any employment or consulting agreement, by and between the Company and the Optionee. 
  

									
		 		 		 	CANCER GENETICS, INC.
				
	  
	 		 	By:	 	  

	[                    ]	 		 		 	Name:	 	[                    ]
		 		 		 	Title:	 	[                    ]

  
 2

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