Document:

Indemnification Agreement, dated as of February 21, 2003

 Exhibit 10.13 
 INDEMNIFICATION AGREEMENT 
 This Indemnification
Agreement (the “Agreement”) is made and entered into as of February 21, 2003, by and between BrightNow! Dental, Inc., a Washington corporation (the “Corporation”) and Bradley Schmidt, an individual (the
“Indemnitee”), the Chief Financial Officer of the Corporation. 
 RECITALS 
 A. WHEREAS, the Indemnitee recognizes that there are potential risks and liabilities to which Indemnitee may become personally exposed as a
result of performing his duties in good faith for the Corporation; and 
 B. WHEREAS, in order to induce capable persons such as
the Indemnitee to serve or to continue to serve as officers of the Corporation, the board of directors of the Corporation has determined, after due consideration and investigation of the terms and provisions of this Agreement and the various other
options available to the Corporation and the Indemnitee in lieu of this Agreement, that the following Agreement is in the best interests of the Corporation and its shareholders. 
 NOW THEREFORE, in consideration of the mutual covenants and agreements set forth below, the Corporation and the Indemnitee agree as follows:

 1. Definitions. 
 (a) The term “Proceeding” shall include any threatened, pending or completed action, suite or proceeding, or any inquiry, hearing or investigation, whether brought in the name of the
Corporation or otherwise and whether of a civil, criminal or administrative or investigative nature, including, but not limited to actions, suits, or proceedings brought under or predicated on the Securities Act of 1933, as amended, the Securities
Exchange Act of 1934, as amended, their respective state counterparts, or any rule or regulation promulgated under them, in which the Indemnitee may be or may have been involved as a party or otherwise by reason of the fact that the Indemnitee is or
was a director or officer of the Corporation, by reason of any action taken by him or of any inaction on his part while acting as an officer, or by reason of the fact that he is or was serving at the request of the Corporation as a director,
officer, employee or agent of another corporation, partnership, joint venture, trust, or other enterprise, whether or not he is serving in that capacity at the time any indemnified liability or reimbursable expenses is incurred. 
 (b) The term “Expenses” shall include, but shall not be limited to damages, judgments, fines, settlements
and charges, costs, expenses of investigation and reasonable expenses of defense of legal actions, suits, proceedings or claims and appeals, and expenses of appeal, attachment or similar bonds. “Expenses” shall not include any judgments,

 
fines or penalties actually levied against the Indemnitee that the Corporation is prohibited by applicable law from paying. 
 2. Indemnity in Third Party Proceedings. Subject to Section 7(a), the Corporation shall indemnify the Indemnitee in
accordance with the provisions of this Section 2 if the Indemnitee is a party to, threatened to be made a party to, or otherwise involved in any Proceeding (other than a Proceeding by or in the name of the Corporation itself to procure a
judgment in its favor), by reason of the fact that the Indemnitee is or was a director or officer of the Corporation or is or was serving at the request of the Corporation as a director, officer, employee, or agent of another corporation,
partnership, joint venture, trust or other enterprise, against all Expenses actually and reasonably incurred by the Indemnitee in connection with the investigation, defense, settlement, or appeal of the Proceeding, provided it is determined, under
Section 6 or by the court before which the action was brought, that the Indemnitee acted in good faith and in a manner that he reasonably believed to be in the best interests of the Corporation and, in the case of a criminal proceeding,
did not have reasonable cause to believe that his conduct was unlawful. The termination of any Proceeding by judgment, order of court, settlement, conviction or on a plea of nolo contendere or its equivalent shall not, of itself, create a
presumption that the Indemnitee did not act in good faith and in a manner that he reasonably believed to be in the best interests of the Corporation or, with respect to any criminal proceeding, that the Indemnitee had no reasonable cause to believe
that his conduct was unlawful. 
 3. Indemnity in Proceedings by or in the Name of the Corporation. Subject to
Section 7(a), the Corporation shall indemnify the Indemnitee against all Expenses actually and reasonably incurred by the Indemnitee in connection with the investigation, defense, settlement or appeal of any Proceeding by or in the name
of the Corporation to procure a judgment in its favor by reason of the fact that the Indemnitee was or is a director of the Corporation or is or was serving at the request of the Corporation as a director, officer, employee or agent of another
corporation, partnership, joint venture, trust or other enterprise, but only if he acted in good faith and in a manner that he reasonably believed to be in the best interests of the Corporation and its shareholders; provided, however, that no
indemnification for Expenses shall be made under this Section 3 with respect to any claim, issue, or matter as to which the Indemnitee shall have been adjudged to be grossly negligent, guilty of willful misconduct, or liable to the
Corporation, unless and only to the extent that any court in which the Proceeding is brought shall determine on application that, despite the adjudication of liability, in view of all the circumstances of the case, the Indemnitee is fairly and
reasonably entitled to indemnity for such expenses as the court shall deem proper. 
 4. Indemnification of Expenses of
Successful Party. Notwithstanding any other provisions of this Agreement, to the extent that the Indemnitee has been successful on the merits or otherwise in defense of any Proceeding or in defense of any claim, issue, or matter therein,
including the dismissal of an action without prejudice, the Indemnitee shall be indemnified against all Expenses incurred in connection therewith. 
 5. Advances of Expenses. Expenses incurred by the Indemnitee under Sections 2 and 3 in any Proceeding shall be paid by the Corporation in advance of the determination of the

  

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Proceeding at the written request of the Indemnitee, if the Indemnitee agrees in writing to repay that amount to the extent it is ultimately found that the Indemnitee is not entitled to
indemnification. The Indemnitee’s obligation to reimburse the Corporation for expenses advanced under this Section 5 shall be unsecured and no interest shall be charged on them. 
 6. Right of Indemnitee to Indemnification upon Application; Procedure. Any indemnification or advance under Sections 2, 3,
or 5, shall be made no later than thirty days after receipt of the Indemnitees’ written request, unless a determination is made within that 30-day period by (a) the Corporation’s board of directors by a majority vote of a quorum
of the board consisting of directors who were not parties to the Proceeding; or (b) independent legal counsel in a written opinion (which counsel shall be appointed if such a quorum is not obtainable) that the Indemnitee has not met the
relevant standards for indemnification set forth in Sections 2 and 3. 
 The right for indemnification or advances as
provided by this Agreement shall be enforceable by the Indemnitee in any court of competent jurisdiction. The Indemnitee shall bear the burden of proving that indemnification or advances are appropriate. 
 The Indemnitee’s Expenses incurred in connection with successfully establishing his right to indemnification or advances, in whole or
in part, in any Proceeding shall also be indemnified by the Corporation. 
 7. Indemnification Hereunder Not Exclusive.

 (a) Notwithstanding any other provision of this Agreement, the Corporation shall not indemnify the Indemnitee
for any act or omission or transactions for which Indemnification is expressly prohibited by the Washington Business Corporation Act, 
 (b) The right to indemnification provided by this Agreement shall not be exclusive of any other rights to which the Indemnitee may be entitled under the Corporation’s Articles of Incorporation,
Bylaws, any agreement, any vote of shareholders or disinterested directors, the Washington Business Corporation Act, or otherwise, both as to actions in his official capacity and as to actions in another capacity while holding such office. To the
extent that a change in applicable law (whether by statute or judicial decision) permits greater indemnification by agreement than would be afforded currently under the Corporation’s Articles of Incorporation, Bylaws, applicable law, or this
Agreement, it is the intent of the parties that the Indemnitee enjoy by this Agreement the greater benefits afforded by that change. 
 8. Partial Indemnification. If the Indemnitee is entitled under any provision of this Agreement to indemnification by the Corporation for a portion of his Expenses actually and reasonably incurred by him in any Proceeding but not,
however, for the total amount of those Expenses, the Corporation shall nevertheless indemnify the Indemnitee for the portion of those Expenses to which the Indemnitee is entitled. 
  

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 9. Severability. If any provision of this Agreement or the application of any
provision of it to any person or circumstance is held invalid, unenforceable, or otherwise illegal, the remainder of this Agreement and the application of the provision to other persons or circumstances shall not be affected, and the provision, so
held to be invalid, unenforceable, or otherwise illegal shall be revised to the extent (and only to the extent) necessary to make it enforceable, valid and legal. 
 10. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of California, without giving effect to its conflict of law principles. 
 11. Notices. The Indemnity shall give the Corporation written notice as soon as practicable of any claim made against him for which
indemnity will or could be sought under this Agreement. Notice to the Corporation shall be directed to Bright Now! Dental, Inc., 201 E. Sandpointe, #200, Santa Ana, CA 92707 (or at any other address or to the attention of any other person as the
Corporation shall designate to the Indemnitee in writing). Notices to the Indemnitee shall be sent to the Indemnitee at the address set forth after his name on the signature page of this Agreement (or at any other address the Indemnitee shall
designate to the Corporation in writing). The delay or failure to give such notice shall not affect the Indemnitee’s right to be indemnified under this Agreement, except to the extent the Corporation is actually damaged thereby. 
 12. Binding Effect. This Agreement shall be binding on and inure to the benefit of and be enforceable by the parties to it and their
respective successors (including any direct or indirect successor by purchase, merger, consolidation, or otherwise to all or substantially all of the Corporation’s business or assets or both), assigns, spouses, heirs, and personal and legal
representatives. 
 13. Amendment of This Agreement. No supplement, modification or amendment of this Agreement shall be
binding unless executed in writing by both of the parties to it. No waiver of any of the provisions of this Agreement shall operate as a waiver of any other provisions of this Agreement, nor shall any waiver constitute a continuing waiver,

 14. Subrogation. In the event of payment under this Agreement, the Corporation shall be subrogated to the extent of
that payment to all of the rights of recovery of the Indemnitee, who shall execute all papers required and shall do everything that may be necessary to secure those rights, including the execution of any documents necessary to enable the Corporation
effectively to bring suit to enforce those rights. 
 15. Limitations. The Corporation shall not be liable under this
Agreement to make any payment in connection with any claim made against the Indemnitee: 
 (a) to the extent that
payment is actually made to the Indemnitee under a valid, enforceable and collectible insurance policy; 
  

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 (b) to the extent that the Indemnitee is indemnified and actually paid
otherwise than pursuant to this Agreement; 
 (c) if it is proved by final judgment in a court of law or other
final adjudication to have been based upon or attributable to the Employee’s in fact having gained any personal profit or advantage to which he was not legally entitled; or 
 (d) for a disgorgement of profits made from the purchase and sale by the Indemnitee of securities pursuant to
Section 16(b) of the Securities Exchange Act of 1934 and amendments thereto or similar provisions of any state statutory law or common law. 
 16. Other Agreements. To the extent, the Company enters into an indemnification agreement with any other executive, officer, director, or other employee of the Company on terms and conditions which
are more favorable to such executive, officer, director, or other employee (as compared to Indemnitee under this Agreement), the Company shall grant to Indemnitee the benefit of such favorable terms and conditions. 
  

							
	Dated: Feb 21, 2003	 		 	Corporation:
			
		 		 	 BrightNow! Dental, Inc.
 a Washington corporation

				
		 		 	By:	 	/s/ Steven Bilt
		 		 	Name:	 	Steven Bilt
		 		 	Title:	 	CEO
			
		 		 	Indemnitee:
				
		 		 	By:	 	/s/ Bradley Schmidt
	 	 	 	 
		 		 		 	Bradley Schmidt
			
		 		 	 Address:
 64
Foxtail
 Dove Canyon, CA 92679

  

 52005 Stock Incentive Plan

 Exhibit 10.14 
  
  
 IVORY HOLDCO, INC. 
 STOCK INCENTIVE PLAN 

 TABLE OF CONTENTS 
  

							
	 	  	 	  	 	  	Page
	1.	  	PURPOSE OF THE PLAN	  	1
	2.	  	ADMINISTRATION	  	1
		  	2.1	  	Administrator	  	1
		  	2.2	  	Plan Awards; Interpretation; Powers of Administrator	  	2
		  	2.3	  	Binding Determinations	  	3
		  	2.4	  	Reliance on Experts	  	3
		  	2.5	  	Delegation	  	3
	3.	  	ELIGIBILITY	  	3
	4.	  	STOCK SUBJECT TO THE PLAN	  	4
		  	4.1	  	Shares Available	  	4
		  	4.2	  	Share Limits	  	4
		  	4.3	  	Replenishment and Reissue of Unvested Awards	  	4
		  	4.4	  	Reservation of Shares	  	5
	5.	  	OPTION GRANT PROGRAM	  	5
		  	5.1	  	Option Grants in General	  	5
		  	5.2	  	Types of Options	  	5
		  	5.3	  	Option Price	  	6
		  	5.4	  	Vesting; Term; Exercise Procedure	  	8
		  	5.5	  	Limitations on Grant and Terms of Incentive Stock Options	  	9
		  	5.6	  	Limits on 10% Holders	  	10
		  	5.7	  	Effects of Termination of Employment on Options	  	10
		  	5.8	  	Option Repricing/Cancellation and Regrant/Waiver of Restrictions	  	11
		  	5.9	  	Early Exercise Options	  	11
	6.	  	STOCK AWARD PROGRAM	  	12
		  	6.1	  	Stock Awards in General	  	12
		  	6.2	  	Types of Stock Awards	  	12
		  	6.3	  	Purchase Price	  	12
		  	6.4	  	Vesting	  	13
		  	6.5	  	Term	  	13
		  	6.6	  	Stock Certificates; Fractional Shares	  	13
		  	6.7	  	Dividend and Voting Rights	  	13

  

 -i- 

 TABLE OF CONTENTS 
 (continued) 
  

							
	 	  	 	  	 	  	Page
		  	6.8	  	Termination of Employment; Return to the Corporation	  	13
		  	6.9	  	Waiver of Restrictions	  	14
	7.	  	PROVISIONS APPLICABLE TO ALL AWARDS	  	14
		  	7.1	  	Rights of Eligible Persons, Participants and Beneficiaries	  	14
		  	7.2	  	No Transferability; Limited Exception to Transfer Restrictions	  	15
		  	7.3	  	Adjustments; Changes in Control	  	16
		  	7.4	  	Termination of Employment or Services	  	19
		  	7.5	  	Compliance with Laws	  	20
		  	7.6	  	Tax Withholding	  	22
		  	7.7	  	Plan and Award Amendments, Termination and Suspension	  	24
		  	7.8	  	Privileges of Stock Ownership	  	24
		  	7.9	  	Stock-Based Awards in Substitution for Awards Granted by Other Corporation	  	24
		  	7.10	  	Effective Date of the Plan	  	25
		  	7.11	  	Term of the Plan	  	25
		  	7.12	  	Governing Law/Severability	  	25
		  	7.13	  	Captions	  	25
		  	7.14	  	Non-Exclusivity of Plan	  	26
		  	7.15	  	No Restriction on Corporate Powers	  	26
		  	7.16	  	Other Company Compensation or Benefit Programs	  	26
	8.	  	DEFINITIONS	  	27

  

 -ii- 

 IVORY HOLDCO, INC. 
 STOCK INCENTIVE PLAN 
 PREFACE

 This Plan is divided into two separate equity programs: (1) the option grant program set forth in
Section 5 under which Eligible Persons (as defined in Section 3) may, at the discretion of the Administrator, be granted Options, and (2) the stock award program set forth in Section 6 under which Eligible Persons may, at the
discretion of the Administrator, be awarded restricted or unrestricted shares of Common Stock. Section 2 of this Plan contains the general rules regarding the administration of this Plan. Section 3 sets forth the requirements for
eligibility to receive an Award grant under this Plan. Section 4 describes the capital stock of the Corporation that may be subject to Awards granted under this Plan. Section 7 contains other provisions applicable to all Awards granted
under this Plan. Section 8 provides definitions for certain capitalized terms used in this Plan and not otherwise defined herein. 
  

	1.	PURPOSE OF THE PLAN. 

 The purpose of this Plan is to promote the success of the Corporation and the interests of its stockholders by providing a means through which the Corporation may grant equity-based incentives to attract, motivate, retain and reward certain
officers, employees, directors and other eligible persons and to further link the interests of Award recipients with those of the Corporation’s stockholders generally. 
  

	2.	ADMINISTRATION. 

  

	 	2.1	Administrator. This Plan shall be administered by and all Awards under this Plan shall be authorized by the Administrator. The
“Administrator” means the Board or one or more committees appointed by the Board or another committee (within its delegated authority) to administer all or certain aspects of this Plan. Any such committee shall be comprised solely
of one or more directors or such number of directors as may be required under applicable law. A committee may delegate some or all of its authority to another committee so constituted. The Board or a committee comprised solely of directors may also
delegate, to the extent permitted by Section 157(c) of the Delaware General Corporation Law and any other applicable law, to one or more officers of the Corporation, its powers under this Plan (a) to designate the officers and employees of
the Corporation and its Affiliates who will receive grants of Awards under this Plan, and (b) to determine the number of shares subject to, and the other terms and conditions of, such Awards. The Board may delegate different levels of authority
to different committees with administrative and grant authority under this Plan. Unless otherwise provided in the Bylaws of the Corporation or the applicable charter of any Administrator: (a) a majority of the members of the acting
Administrator shall constitute a quorum, and (b) the vote of a majority of the members present assuming the presence of a quorum or the unanimous written consent of the members of the Administrator shall constitute action by the acting
Administrator. 

  

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	 	2.2	Plan Awards; Interpretation; Powers of Administrator. Subject to the express provisions of this Plan, the Administrator is authorized and empowered to do
all things necessary or desirable in connection with the authorization of Awards and the administration of this Plan (in the case of a committee or delegation to one or more officers, within the authority delegated to that committee or person(s)),
including, without limitation, the authority to: 

  

	 	(a)	determine eligibility and, from among those persons determined to be eligible, the particular Eligible Persons who will receive Awards; 

  

	 	(b)	grant Awards to Eligible Persons, determine the price and number of securities to be offered or awarded to any of such persons, determine the other specific terms and
conditions of Awards consistent with the express limits of this Plan, establish the installments (if any) in which such Awards will become exercisable or will vest (which may include, without limitation, performance and/or time-based schedules) or
determine that no delayed exercisability or vesting is required, establish any applicable performance targets, and establish the events of termination or reversion of such Awards; 

  

	 	(c)	approve the forms of Award Agreements, which need not be identical either as to type of Award or among Participants; 

  

	 	(d)	construe and interpret this Plan and any Award Agreement or other agreements defining the rights and obligations of the Corporation, its Affiliates, and Participants
under this Plan, make factual determinations with respect to the administration of this Plan, further define the terms used in this Plan, and prescribe, amend and rescind rules and regulations relating to the administration of this Plan or the
Awards; 

  

	 	(e)	cancel, modify, or waive the Corporation’s rights with respect to, or modify, discontinue, suspend, or terminate any or all outstanding Awards, subject to any
required consent under Section 7.7.4; 

  

	 	(f)	accelerate or extend the vesting or exercisability or extend the term of any or all outstanding Awards (within the maximum ten-year term of Awards under Sections 5.4.2
and 6.5) in such circumstances as the Administrator may deem appropriate (including, without limitation, in connection with a termination of employment or services or other events of a personal nature); 

  

	 	(g)	determine Fair Market Value for purposes of this Plan and Awards; 

  

	 	(h)	determine the duration and purposes of leaves of absence that may be granted to Participants without constituting a termination of their employment for purposes of this
Plan; and 

  

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	 	(i)	determine whether, and the extent to which, adjustments are required pursuant to Section 7.3 hereof and authorize the termination, conversion, substitution or
succession of awards upon the occurrence of an event of the type described in Section 7.3. 

  

	 	2.3	Binding Determinations. Any action taken by, or inaction of, the Corporation, any Affiliate, the Board or the Administrator relating or pursuant to this
Plan and within its authority hereunder or under applicable law shall be within the absolute discretion of that entity or body and shall be conclusive and binding upon all persons. Neither the Board nor the Administrator, nor any member thereof or
person acting at the direction thereof, shall be liable for any act, omission, interpretation, construction or determination made in good faith in connection with this Plan (or any Award), and all such persons shall be entitled to indemnification
and reimbursement by the Corporation in respect of any claim, loss, damage or expense (including, without limitation, attorneys’ fees) arising or resulting therefrom to the fullest extent permitted by law and/or under any directors and officers
liability insurance coverage that may be in effect from time to time. 

  

	 	2.4	Reliance on Experts. In making any determination or in taking or not taking any action under this Plan, the Administrator or the Board, as the case may
be, may obtain and may rely upon the advice of experts, including employees of and professional advisors to the Corporation. No director, officer or agent of the Corporation or any of its Affiliates shall be liable for any such action or
determination taken or made or omitted in good faith. 

  

	 	2.5	Delegation. The Administrator may delegate ministerial, non-discretionary functions to individuals who are officers or employees of the Corporation or any
of its Affiliates or to third parties. 

  

	3.	ELIGIBILITY. 

 Awards may
be granted under this Plan only to those persons that the Administrator determines to be Eligible Persons. An “Eligible Person” means any person who qualifies as one of the following at the time of grant of the respective Award:

  

	 	(a)	an officer (whether or not a director) or employee of the Corporation or any of its Affiliates; 

  

	 	(b)	any member of the Board; or 

  

	 	(c)	any director of one of the Corporation’s Affiliates, or any individual consultant or advisor who renders or has rendered bona fide services (other than services in
connection with the offering or sale of securities of the Corporation or one of its Affiliates, as applicable, in a capital raising transaction or as a market maker or promoter of that entity’s securities) to the Corporation or one of its
Affiliates. 

  

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 An advisor or consultant may be selected as an Eligible Person pursuant to clause
(c) above only if such person’s participation in this Plan would not adversely affect (1) the Corporation’s eligibility to rely on the Rule 701 exemption from registration under the Securities Act for the offering of shares
issuable under this Plan by the Corporation, or (2) the Corporation’s compliance with any other applicable laws. 
 An
Eligible Person may, but need not, be granted one or more Awards pursuant to Section 5 and/or one or more Awards pursuant to Section 6. An Eligible Person who has been granted an Award under this Plan may, if otherwise eligible, be granted
additional Awards under this Plan if the Administrator so determines. However, a person’s status as an Eligible Person is not a commitment that any Award will be granted to that person under this Plan. Furthermore, an Eligible Person who has
been granted an Award under Section 5 is not necessarily entitled to an Award under Section 6, or vice versa, unless otherwise expressly determined by the Administrator. 
 Each Award granted under this Plan must be approved by the Administrator at or prior to the grant of the Award. 
  

	4.	STOCK SUBJECT TO THE PLAN. 

  

	 	4.1	Shares Available. Subject to the provisions of Section 7.3.1, the capital stock that may be delivered under this Plan will be shares of the
Corporation’s authorized but unissued Common Stock and any of its shares of Common Stock held as treasury shares. The shares of Common Stock issued and delivered may be issued and delivered for any lawful consideration.

  

	 	4.2	Share Limits. Subject to the provisions of Section 7.3.1 and further subject to the share counting rules of Section 4.3, the maximum number of
shares of Common Stock that may be delivered pursuant to Awards granted under this Plan will not exceed 2,000,000 shares (the “Share Limit”) in the aggregate.* As required under Treasury Regulation Section 1.422-2(b)(3)(i), in
no event will the number of shares of Common Stock that may be delivered pursuant to Incentive Stock Options granted under this Plan exceed the Share Limit. 

  

	 	4.3	 Replenishment and Reissue of Unvested Awards. To the extent that an Award is settled in cash or a form other than shares of Common Stock,
the shares that would have been delivered had there been no such cash or other settlement shall not be counted against the shares available for issuance under this Plan. No Award may be granted under this Plan unless, on the date of grant, the sum
of (a) the maximum number of shares of Common Stock issuable at any time pursuant to such Award, plus (b) the number of shares of Common Stock that

  
  

	*	Award grants (including the number of shares subject to Awards granted) must be structured to satisfy the requirements of Rule 701 promulgated under the Securities Act
and applicable Blue Sky laws. Unless a higher percentage is approved by at least two-thirds of the outstanding shares entitled to vote, at no time shall the total number of shares subject to this Plan exceed a number of shares which is equal to 30%
of the then-outstanding number of shares of the Corporation’s Common Stock (convertible preferred or convertible senior common shares of stock will be counted on an as if converted basis). 

  

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have previously been issued pursuant to Awards granted under this Plan, plus (c) the maximum number of shares of Common Stock that may be issued at any time after such date of grant pursuant
to Awards that are outstanding on such date, does not exceed the Share Limit. Shares of Common Stock that are subject to or underlie Options granted under this Plan that expire or for any reason are canceled or terminated without having been
exercised (or shares of Common Stock subject to or underlying the unexercised portion of such Options in the case of Options that were partially exercised), as well as shares of Common Stock that are subject to Stock Awards made under this Plan that
are forfeited to the Corporation or otherwise repurchased by the Corporation prior to the vesting of such shares for a price not greater than the original purchase or issue price of such shares (as adjusted pursuant to Section 7.3.1) will
again, except to the extent prohibited by law or applicable listing or regulatory requirements (and subject to any applicable limitations of the Code in the case of Awards intended to be Incentive Stock Options), be available for subsequent Award
grants under this Plan. Shares that are exchanged by a Participant or withheld by the Corporation as full or partial payment in connection with any Award under this Plan, as well as any shares exchanged by a Participant or withheld by the
Corporation or one of its Affiliates to satisfy the tax withholding obligations related to any Award, shall be available for subsequent awards under this Plan. 

  

	 	4.4	Reservation of Shares. The Corporation shall at all times reserve a number of shares of Common Stock sufficient to cover the
Corporation’s obligations and contingent obligations to deliver shares with respect to Awards then outstanding under this Plan. 

  

	5.	OPTION GRANT PROGRAM. 

  

	 	5.1	Option Grants in General. Each Option shall be evidenced by an Award Agreement in the form approved by the Administrator. The Award
Agreement evidencing an Option shall contain the terms established by the Administrator for that Option, as well as any other terms, provisions, or restrictions that the Administrator may impose on the Option or any shares of Common Stock subject to
the Option; in each case subject to the applicable provisions and limitations of this Section 5 and the other applicable provisions and limitations of this Plan. The Administrator may require that the recipient of an Option promptly execute and
return to the Corporation his or her Award Agreement evidencing the Option. In addition, the Administrator may require that the spouse of any married recipient of an Option also promptly execute and return to the Corporation the Award Agreement
evidencing the Option granted to the recipient or such other spousal consent form that the Administrator may require in connection with the grant of the Option. 

  

	 	5.2	 Types of Options. The Administrator will designate each Option granted under this Plan as either an Incentive Stock Option
or a Nonqualified Stock Option, and such designation shall be set forth in the applicable Award Agreement. Any Option granted under this Plan that is not expressly designated in the applicable

  

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Award Agreement as an Incentive Stock Option will be deemed to be designated a Nonqualified Stock Option under this Plan and not an “incentive stock option” within the meaning of
Section 422 of the Code. Incentive Stock Options shall be subject to the provisions of Section 5.5 in addition to the provisions of this Plan applicable to Options generally. The Administrator may, in its discretion, designate any Option
as an Early Exercise Option pursuant to Section 5.9. 

  

	 	5.3	Option Price.  

  

	 	5.3.1	Pricing Limits. Subject to the following provisions of this Section 5.3.1, the Administrator will determine the purchase price per share of the Common Stock
covered by each Option (the “exercise price” of the Option) at the time of the grant of the Option, which exercise price will be set forth in the applicable Award Agreement. In no case will the exercise price of an Option be less than the
greater of: 

  

	 	(a)	the par value of the Common Stock; 

  

	 	(b)	in the case of a Nonqualified Stock Option and subject to clause (d) below, 85% of Fair Market Value of the Common Stock on the date of grant;

  

	 	(c)	in the case of an Incentive Stock Option and subject to clause (d) below, 100% of the Fair Market Value of the Common Stock on the date of grant; or

  

	 	(d)	in the case of an Option (incentive or nonqualified) granted to a Participant described in Section 5.6, 110% of the Fair Market Value of the Common Stock on the
date of grant. 

  

	 	5.3.2	Payment Provisions. The Corporation will not be obligated to deliver certificates for the shares of Common Stock to be purchased on exercise of an Option unless
and until it receives full payment of the exercise price therefor, all related withholding obligations under Section 7.6 have been satisfied, and all other conditions to the exercise of the Option set forth herein or in the Award Agreement have
been satisfied. The purchase price of any shares of Common Stock purchased on exercise of an Option must be paid in full at the time of each purchase in such lawful consideration as may be permitted or required by the Administrator, which may
include, without limitation, one or a combination of the following methods: 

  

	 	(a)	cash, check payable to the order of the Corporation, or electronic funds transfer; 

  

	 	(b)	notice and third party payment in such manner as may be authorized by the Administrator; 

  

	 	(c)	the delivery of previously owned shares of Common Stock 

  

 6 

	 	(d)	by a reduction in the number of shares of Common Stock otherwise deliverable pursuant to the Award; 

  

	 	(e)	subject to such procedures as the Administrator may adopt, pursuant to a “cashless exercise”; or 

  

	 	(f)	if authorized by the Administrator or specified in the applicable Award Agreement, by a promissory note of the Participant consistent with the requirements of
Section 5.3.3. 

 In no event shall any shares newly-issued by the Corporation be issued for less than the
minimum lawful consideration for such shares or for consideration other than consideration permitted by applicable state law. In the event that the Administrator allows a Participant to exercise an Award by delivering shares of Common Stock
previously owned by such Participant and unless otherwise expressly provided by the Administrator, any shares delivered which were initially acquired by the Participant from the Corporation (upon exercise of a stock option or otherwise) must have
been owned by the Participant at least six months as of the date of delivery. Shares of Common Stock used to satisfy the exercise price of an Option (whether previously-owned shares or shares otherwise deliverable pursuant to the terms of the
Option) shall be valued at their Fair Market Value on the date of exercise. Unless otherwise expressly provided in the applicable Award Agreement, the Administrator may eliminate or limit a Participant’s ability to pay the purchase or exercise
price of any Award by any method other than cash payment to the Corporation. 
  

	 	5.3.3	Acceptance of Notes to Finance Exercise. The Corporation may, with the Administrator’s approval in each specific case, accept one or more promissory
notes from any Eligible Person in connection with the exercise of any Option; provided that any such note shall be subject to the following terms and conditions: 

  

	 	(a)	The principal of the note shall not exceed the amount required to be paid to the Corporation upon the exercise, purchase or acquisition of one or more Awards under this
Plan and the note shall be delivered directly to the Corporation in consideration of such exercise, purchase or acquisition. 

  

	 	(b)	The initial term of the note shall be determined by the Administrator; provided that the term of the note, including extensions, shall not exceed a period of five
years. 

  

	 	(c)	 The note shall provide for full recourse to the Participant and shall bear interest at a rate determined by the Administrator, but not less than the
interest rate necessary to avoid the imputation of interest

  

 7 

	 	 
under the Code and to avoid any adverse accounting consequences in connection with the exercise, purchase or acquisition. 

  

	 	(d)	If the employment or services of the Participant by or to the Corporation and its Affiliates terminates, the unpaid principal balance of the note shall become due and
payable on the 30th business day after such termination; provided, however, that if a sale of the shares acquired on exercise of the Option would cause such Participant to incur liability under Section 16(b) of the Exchange Act, the unpaid
balance shall become due and payable on the 10th business day after the first day on which a sale of such shares could have been made without incurring such liability assuming for these purposes that there are no other transactions (or deemed
transactions) in securities of the Corporation by the Participant subsequent to such termination. 

  

	 	(e)	If required by the Administrator or by applicable law, the note shall be secured by a pledge of any shares or rights financed thereby or other collateral, in compliance
with applicable law. 

 The terms, repayment provisions, and collateral release provisions of the note and the
pledge securing the note shall conform with all applicable rules and regulations, including those of the Federal Reserve Board and any applicable state law, as then in effect. 
  

	 	5.4	Vesting; Term; Exercise Procedure.  

  

	 	5.4.1	Vesting. Except as provided in Section 5.9, an Option may be exercised only to the extent that it is vested and exercisable. The Administrator will
determine the vesting and/or exercisability provisions of each Option (which may be based on performance criteria, passage of time or other factors or any combination thereof), which provisions will be set forth in the applicable Award Agreement.
Unless the Administrator otherwise expressly provides, once exercisable an Option will remain exercisable until the expiration or earlier termination of the Option. To the extent required to satisfy applicable securities laws and subject to
Section 5.7, no Option (except an Option granted to an officer, director, or consultant of the Corporation or any of its Affiliates) shall vest and become exercisable at a rate of less than 20% per year over five years after the date the
Option is granted. 

  

	 	5.4.2	Term. Each Option shall expire not more than 10 years after its date of grant. Each Option will be subject to earlier termination as provided in or
pursuant to Sections 5.7 and 7.3. Any payment of cash or delivery of stock in payment of or pursuant to an Option may be delayed until a future date if specifically authorized by the Administrator in writing and by the Participant.

  

 8 

	 	5.4.3	Exercise Procedure. Any exercisable Option will be deemed to be exercised when the Corporation receives written notice of such exercise from the
Participant (on a form and in such manner as may be required by the Administrator), together with any required payment made in accordance with Section 5.3 and Section 7.6 and any written statement required pursuant to Section 7.5.1.

  

	 	5.4.4	Fractional Shares/Minimum Issue. Fractional share interests will be disregarded, but may be accumulated. The Administrator, however, may determine that
cash, other securities, or other property will be paid or transferred in lieu of any fractional share interests. No fewer than 100 shares (subject to adjustment pursuant to Section 7.3.1) may be purchased on exercise of any Option at one time
unless the number purchased is the total number at the time available for purchase under the Option. 

  

	 	5.5	Limitations on Grant and Terms of Incentive Stock Options.  

  

	 	5.5.1	$100,000 Limit. To the extent that the aggregate Fair Market Value of stock with respect to which incentive stock options first become exercisable by a
Participant in any calendar year exceeds $100,000, taking into account both Common Stock subject to Incentive Stock Options under this Plan and stock subject to incentive stock options under all other plans of the Corporation or any of its
Affiliates, such options will be treated as nonqualified stock options. For this purpose, the Fair Market Value of the stock subject to options will be determined as of the date the options were awarded. In reducing the number of options treated as
incentive stock options to meet the $100,000 limit, the most recently granted options will be reduced (recharacterized as nonqualified stock options) first. To the extent a reduction of simultaneously granted options is necessary to meet the
$100,000 limit, the Administrator may, in the manner and to the extent permitted by law, designate which shares of Common Stock are to be treated as shares acquired pursuant to the exercise of an incentive stock option. 

  

	 	5.5.2	Other Code Limits. Incentive Stock Options may only be granted to individuals that are employees of the Corporation or one of its Affiliates and satisfy
the other eligibility requirements of the Code. Any Award Agreement relating to Incentive Stock Options will contain or shall be deemed to contain such other terms and conditions as from time to time are required in order that the Option be an
“incentive stock option” as that term is defined in Section 422 of the Code. 

  

	 	5.5.3	 ISO Notice of Sale Requirement. Any Participant who exercises an Incentive Stock Option shall give prompt written notice to the
Corporation of any sale or other transfer of the shares of Common Stock acquired on such exercise if the sale or other transfer occurs within (a) one year after

  

 9 

	 	 
the exercise date of the Option, or (b) two years after the grant date of the Option. 

  

	 	5.6	Limits on 10% Holders. No Option may be granted to any person who, at the time the Option is granted, owns (or is deemed to own under
Section 424(d) of the Code) shares of outstanding stock of the Corporation (or any of its Affiliates) possessing more than 10% of the total combined voting power of all classes of stock of the Corporation (or any of its Affiliates), unless the
exercise price of such Option is at least 110% of the Fair Market Value of the stock subject to the Option and, in the case of an Incentive Stock Option granted to such a person, such Option by its terms is not exercisable after the expiration of
five years from the date such Option is granted. 

  

	 	5.7	Effects of Termination of Employment on Options.  

  

	 	5.7.1	Dismissal for Cause. Unless otherwise provided in the Award Agreement and subject to earlier termination pursuant to or as contemplated by
Section 5.4.2 or 7.3, if a Participant’s employment by or service to the Corporation or any of its Affiliates is terminated by such entity for Cause, the Participant’s Option will terminate on the Participant’s Severance Date,
whether or not the Option is then vested and/or exercisable. 

  

	 	5.7.2	Death or Disability. Unless otherwise provided in the Award Agreement (consistent with applicable securities laws) and subject to earlier termination
pursuant to or as contemplated by Section 5.4.2 or 7.3, if a Participant’s employment by or service to the Corporation or any of its Affiliates terminates as a result of the Participant’s death or Total Disability:

  

	 	(a)	the Participant (or his or her Personal Representative or Beneficiary, in the case of the Participant’s Total Disability or death, respectively), will have until
the date that is 12 months after the Participant’s Severance Date to exercise the Participant’s Option (or portion thereof) to the extent that it was vested and exercisable on the Severance Date; 

  

	 	(b)	the Option, to the extent not vested and exercisable on the Participant’s Severance Date, shall terminate on the Severance Date; and 

  

	 	(c)	the Option, to the extent exercisable for the 12-month period following the Participant’s Severance Date and not exercised during such period, shall terminate at
the close of business on the last day of the 12-month period. 

  

	 	5.7.3	Other Terminations of Employment. Unless otherwise provided in the Award Agreement (consistent with applicable securities laws) and subject to earlier
termination pursuant to or as contemplated by Section 5.4.2 or 

  

 10 

	 	 
7.3, if a Participant’s employment by or service to the Corporation or any of its Affiliates terminates for any reason other than a termination by such entity for Cause or because of the
Participant’s death or Total Disability: 

  

	 	(a)	the Participant will have until the date that is ninety (90) days after the Participant’s Severance Date to exercise his or her Option (or portion thereof) to
the extent that it was vested and exercisable on the Severance Date; 

  

	 	(b)	the Option, to the extent not vested and exercisable on the Participant’s Severance Date, shall terminate on the Severance Date; and 

  

	 	(c)	the Option, to the extent exercisable for the 90-day period following the Participant’s Severance Date and not exercised during such period, shall terminate at the
close of business on the last day of the 90-day period. 

  

	 	5.8	Option Repricing/Cancellation and Regrant/Waiver of Restrictions. Subject to Section 4 and Section 7.7 and the specific limitations on Options
contained in this Plan, the Administrator from time to time may authorize, generally or in specific cases only, for the benefit of any Eligible Person, any adjustment in the exercise price, the vesting schedule, the number of shares subject to, or
the term of, an Option granted under this Plan by cancellation of an outstanding Option and a subsequent regranting of the Option, by amendment, by substitution of an outstanding Option, by waiver or by other legally valid means. Such amendment or
other action may result in, among other changes, an exercise price that is higher or lower than the exercise price of the original or prior Option, provide for a greater or lesser number of shares of Common Stock subject to the Option, or provide
for a longer or shorter vesting or exercise period. 

  

	 	5.9	Early Exercise Options. The Administrator may, in its discretion, designate any Option as an Early Exercise Option which, by express provision in
the applicable Award Agreement, may be exercised prior to the date such Option has vested. If the Participant elects to exercise all or a portion of an Early Exercise Option before it is vested, the shares of Common Stock acquired under the Option
which are attributable to the unvested portion of the Option shall be Restricted Shares. The applicable Award Agreement will specify the extent (if any) to which and the time (if ever) at which the Participant will be entitled to dividends, voting
and other rights in respect of such Restricted Shares prior to vesting, and the restrictions imposed on such shares and the conditions of release or lapse of such restrictions. Unless otherwise expressly provided in the applicable Award Agreement,
such Restricted Shares shall be subject to the provisions of Sections 6.6 through 6.9, below. 

  

 11 

	6.	STOCK AWARD PROGRAM. 

  

	 	6.1	Stock Awards in General. Each Stock Award shall be evidenced by an Award Agreement in the form approved by the Administrator. The Award Agreement
evidencing a Stock Award shall contain the terms established by the Administrator for that Stock Award, as well as any other terms, provisions, or restrictions that the Administrator may impose on the Stock Award; in each case subject to the
applicable provisions and limitations of this Section 6 and the other applicable provisions and limitations of this Plan. The Administrator may require that the recipient of a Stock Award promptly execute and return to the Corporation his or
her Award Agreement evidencing the Stock Award. In addition, the Administrator may require that the spouse of any married recipient of a Stock Award also promptly execute and return to the Corporation the Award Agreement evidencing the Stock Award
granted to the recipient or such other spousal consent form that the Administrator may require in connection with the grant of the Stock Award. 

  

	 	6.2	Types of Stock Awards. The Administrator shall designate whether a Stock Award shall be a Restricted Stock Award, and such designation shall be set
forth in the applicable Award Agreement. 

  

	 	6.3	Purchase Price.  

  

	 	6.3.1	Pricing Limits. Subject to the following provisions of this Section 6.3, the Administrator will determine the purchase price per share of the Common
Stock covered by each Stock Award at the time of grant of the Award. In no case will such purchase price be less than the greater of: 

  

	 	(a)	the par value of the Common Stock; 

  

	 	(b)	85% of the Fair Market Value of the Common Stock on the date of grant, or at the time the purchase is consummated; or 

  

	 	(c)	100% of the Fair Market Value of the Common Stock on the date of grant, or at the time the purchase is consummated, in the case of any person who owns stock possessing
more than 10% of the total combined voting power of all classes of stock of the Corporation or one of its Affiliates. 

  

	 	6.3.2	 Payment Provisions. The Corporation will not be obligated to issue certificates evidencing shares of Common Stock awarded under this
Section 6 unless and until it receives full payment of the purchase price therefor and all other conditions to the purchase, as determined by the Administrator, have been satisfied. The purchase price of any shares subject to a Stock Award must
be paid in full at the time of the purchase in such lawful consideration as may be permitted or required by the Administrator, which may include, without limitation, one or a combination of the methods set forth in clauses (a) through
(f) in Section

  

 12 

	 	 
5.3.2 and/or past services rendered to the Corporation or any of its Affiliates. 

  

	 	6.4	Vesting. The restrictions imposed on the shares of Common Stock subject to a Restricted Stock Award (which may be based on performance criteria,
passage of time or other factors or any combination thereof) will be set forth in the applicable Award Agreement. To the extent required to satisfy applicable securities laws, the restrictions imposed on the shares of Common Stock subject to a
Restricted Stock Award (other than an Award granted to an officer, director, or consultant of the Corporation or any of its Affiliates, which may include more restrictive provisions) shall lapse as to such shares, subject to Section 6.8, at a
rate of at least 20% of the shares subject to the Award per year over the five years after the date the Award is granted. 

  

	 	6.5	Term. A Stock Award shall either vest or be forfeited not more than 10 years after the date of grant. Each Stock Award will be subject to earlier
termination as provided in or pursuant to Sections 6.8 and 7.3. Any payment of cash or delivery of stock in payment for a Stock Award may be delayed until a future date if specifically authorized by the Administrator in writing and by the
Participant. 

  

	 	6.6	Stock Certificates; Fractional Shares. Stock certificates evidencing Restricted Shares will bear a legend making appropriate reference to the restrictions
imposed hereunder and will be held by the Corporation or by a third party designated by the Administrator until the restrictions on such shares have lapsed, the shares have vested in accordance with the provisions of the Award Agreement and
Section 6.4, and any related loan has been repaid. Fractional share interests will be disregarded, but may be accumulated. The Administrator, however, may determine that cash, other securities, or other property will be paid or transferred in
lieu of any fractional share interests. 

  

	 	6.7	Dividend and Voting Rights. Unless otherwise provided in the applicable Award Agreement, a Participant receiving Restricted Shares will be entitled
to cash dividend and voting rights for all Restricted Shares issued even though they are not vested, but such rights will terminate immediately as to any Restricted Shares which cease to be eligible for vesting. 

  

	 	6.8	Termination of Employment; Return to the Corporation. Unless the Administrator otherwise expressly provides, Restricted Shares subject to an Award
that remain subject to vesting conditions that have not been satisfied by the time specified in the applicable Award Agreement (which may include, without limitation, the Participant’s Severance Date), will not vest and will be reacquired by
the Corporation in such manner and on such terms as the Administrator provides, which terms shall include return or repayment of the lower of (a) the Fair Market Value of the Restricted Shares at the time of the termination, or
(b) the original purchase price of the Restricted Shares, without interest, to the Participant to the extent not prohibited by law. The Award Agreement shall specify any other terms or conditions of the repurchase if the

  

 13 

	 	Award fails to vest. Any other Stock Award that has not been exercised as of a Participant’s Severance Date shall terminate on that date unless otherwise expressly
provided by the Administrator in the applicable Award Agreement. 

  

	 	6.9	Waiver of Restrictions. Subject to Sections 4 and 7.7 and the specific limitations on Stock Awards contained in this Plan, the Administrator from
time to time may authorize, generally or in specific cases only, for the benefit of any Eligible Person, any adjustment in the vesting schedule, or the restrictions upon or the term of, a Stock Award granted under this Plan by amendment, by
substitution of an outstanding Stock Award, by waiver or by other legally valid means. 

  

	7.	PROVISIONS APPLICABLE TO ALL AWARDS. 

  

	 	7.1	Rights of Eligible Persons, Participants and Beneficiaries.  

  

	 	7.1.1	Employment Status. No person shall have any claim or rights to be granted an Award (or additional Awards, as the case may be) under this Plan, subject to
any express contractual rights (set forth in a document other than this Plan) to the contrary. 

  

	 	7.1.2	No Employment/Service Contract. Nothing contained in this Plan (or in any other documents under this Plan or related to any Award) shall confer upon any
Eligible Person or Participant any right to continue in the employ or other service of the Corporation or any of its Affiliates, constitute any contract or agreement of employment or other service or affect an employee’s status as an employee
at will, nor shall interfere in any way with the right of the Corporation or any Affiliate to change such person’s compensation or other benefits, or to terminate his or her employment or other service, with or without cause at any time.
Nothing in this Section 7.1.2, or in Section 7.3 or 7.15, however, is intended to adversely affect any express independent right of such person under a separate employment or service contract. An Award Agreement shall not constitute a
contract of employment or service. 

  

	 	7.1.3	Plan Not Funded. Awards payable under this Plan will be payable in shares of Common Stock or from the general assets of the Corporation, and (except as to
the share reservation provided in Section 4.4) no special or separate reserve, fund or deposit will be made to assure payment of such Awards. No Participant, Beneficiary or other person will have any right, title or interest in any fund or in
any specific asset (including shares of Common Stock, except as expressly provided) of the Corporation or any of its Affiliates by reason of any Award hereunder. Neither the provisions of this Plan (or of any related documents), nor the creation or
adoption of this Plan, nor any action taken pursuant to the provisions of this Plan will create, or be construed to create, a trust of any kind or a fiduciary relationship between the Corporation or any of its Affiliates and any Participant,
Beneficiary or other person. To the extent that a 

  

 14 

	 	Participant, Beneficiary or other person acquires a right to receive payment pursuant to any Award hereunder, such right will be no greater than the right of any
unsecured general creditor of the Corporation. 

  

	 	7.1.4	Charter Documents. The Certificate of Incorporation and Bylaws of the Corporation, as either of them may lawfully be amended from time to time, may provide for
additional restrictions and limitations with respect to the Common Stock (including additional restrictions and limitations on the voting or transfer of Common Stock) or priorities, rights and preferences as to securities and interests prior in
rights to the Common Stock. To the extent that these restrictions and limitations are greater than those set forth in this Plan or any Award Agreement, such restrictions and limitations shall apply to any shares of Common Stock acquired pursuant to
the exercise of Awards and are incorporated herein by this reference. 

  

	 	7.2	No Transferability; Limited Exception to Transfer Restrictions. 

  

	 	7.2.1	Limit On Exercise and Transfer. Unless otherwise expressly provided in (or pursuant to) this Section 7.2, by applicable law and by the Award Agreement, as
the same may be amended: 

  

	 	(a)	all Awards are non-transferable and will not be subject in any manner to sale, transfer, anticipation, alienation, assignment, pledge, encumbrance or charge;

  

	 	(b)	Awards will be exercised only by the Participant; and 

  

	 	(c)	amounts payable or shares issuable pursuant to an Award will be delivered only to (or for the account of) the Participant. 

 In addition, the shares shall be subject to the restrictions set forth in the applicable Award Agreement. 
  

	 	7.2.2	Further Exceptions to Limits On Transfer. The exercise and transfer restrictions in Section 7.2.1 will not apply to: 

  

	 	(a)	transfers to the Corporation; 

  

	 	(b)	transfers by gift or domestic relations order to one or more “family members” (as that term is defined in SEC Rule 701 promulgated under the Securities Act)
of the Participant; 

  

	 	(c)	the designation of a Beneficiary to receive benefits if the Participant dies or, if the Participant has died, transfers to or exercises by the Participant’s
Beneficiary, or, in the absence of a validly designated Beneficiary, transfers by will or the laws of descent and distribution; or 

  

 15 

	 	(d)	if the Participant has suffered a disability, permitted transfers or exercises on behalf of the Participant by the Participant’s duly authorized legal
representative. 

 Notwithstanding anything else in this Section 7.2.2 to the contrary, but subject to
compliance with all applicable laws, Incentive Stock Options and Restricted Stock Awards will be subject to any and all transfer restrictions under the Code applicable to such awards or necessary to maintain the intended tax consequences of such
Awards. Notwithstanding clause (b) above but subject to compliance with all applicable laws, any contemplated transfer by gift or domestic relations order to one or more “family members” of a Participant as referenced in clause
(b) above is subject to the condition precedent that the transfer be approved by the Administrator in order for it to be effective. The Administrator may, in its sole discretion, withhold its approval of any such proposed transfer. 

 

	 	7.3	Adjustments; Changes in Control. 

  

	 	7.3.1	Adjustments. Upon or in contemplation of any reclassification, recapitalization, stock split (including a stock split in the form of a stock dividend) or reverse
stock split (“stock split”); any merger, combination, consolidation or other reorganization; any split-up, spin-off, or similar extraordinary dividend distribution in respect of the Common Stock (whether in the form of securities or
property); any exchange of Common Stock or other securities of the Corporation, or any similar, unusual or extraordinary corporate transaction in respect of the Common Stock; or a sale of substantially all the assets of the Corporation as an
entirety; then the Administrator shall, in such manner, to such extent (if any) and at such time as it deems appropriate and equitable in the circumstances: 

  

	 	(a)	proportionately adjust any or all of (1) the number of shares of Common Stock or the number and type of other securities that thereafter may be made the subject of
Awards (including the specific share limits, maxima and numbers of shares set forth elsewhere in this Plan), (2) the number, amount and type of shares of Common Stock (or other securities or property) subject to any or all outstanding Awards,
(3) the grant, purchase, or exercise price of any or all outstanding Awards, or (4) the securities, cash or other property deliverable upon exercise or vesting of any outstanding Awards, or 

  

	 	(b)	make provision for a settlement by a cash payment or for the assumption, substitution or exchange of any or all outstanding Awards (or the cash, securities or other
property deliverable to the holder(s) of any or all outstanding Awards) based upon the distribution or consideration payable to holders of the Common Stock upon or in respect of such event. 

  

 16 

	 	  	The Administrator may adopt such valuation methodologies for outstanding Awards as it deems reasonable in the event of a cash, securities or other property settlement.
In the case of Options, but without limitation on other methodologies, the Administrator may base such settlement solely upon the excess (if any) of the amount payable upon or in respect of such event over the exercise price of the Option to the
extent of the then vested and exercisable shares subject to the Option. 

  

	 	  	The Administrator may make adjustments to and/or accelerate the exercisability of Options in a manner that disqualifies the Options as Incentive Stock Options without
the written consent of the Option holders affected thereby. 

  

	 	  	In any of such events, the Administrator may take such action prior to such event to the extent that the Administrator deems the action necessary to permit the
Participant to realize the benefits intended to be conveyed with respect to the underlying shares in the same manner as is or will be available to stockholders generally. 

  

	 	  	Any adjustment by the Administrator pursuant to this Section 7.3.1 shall be final, binding, and conclusive. Unless otherwise expressly provided by the
Administrator, in no event shall a conversion of one or more outstanding shares of the Corporation’s preferred stock (if any) or any new issuance of securities by the Corporation for consideration be deemed, in and of itself, to require an
adjustment pursuant to this Section 7.3.1. 

  

	 	  	In the case of any stock split or reverse stock split, if no action is formally taken by the Administrator in the circumstances with respect to then-outstanding Awards,
the proportionate adjustments contemplated by clause (a) above shall nevertheless be deemed to have been made with respect to the Awards outstanding at the time of such stock split or reverse stock split in order to preserve the intended level
of incentives. 

  

	 	7.3.2	Consequences of a Change in Control Event. 

 The Administrator may, in its sole discretion, provide in the applicable Award Agreement or by an amendment thereto for the accelerated vesting of one or more Awards to the extent such Awards are
outstanding upon a Change in Control Event or such other events or circumstances as the Administrator may provide. 
  

	 	7.3.3	Early Termination of Awards. Upon the occurrence of a Change in Control Event, each then-outstanding Award (whether or not vested and/or exercisable) shall
terminate, subject to any provision that has been expressly made by the Administrator, through a plan of reorganization or otherwise, for the survival, substitution, assumption, exchange or other continuation or settlement of such Award and provided
that, in the case of 

  

 17 

 Options that will not survive or be substituted for, assumed, exchanged, or otherwise
continued or settled in the Change in Control Event, the holder of such Award shall be given reasonable advance notice of the impending termination and a reasonable opportunity to exercise his or her outstanding and vested Options in accordance with
their terms before the termination of the Awards (except that in no case shall more than ten days’ notice of accelerated vesting and the impending termination be required and any acceleration may be made contingent upon the actual occurrence of
the event). For purposes of this Section 7.3, an Award shall be deemed to have been “assumed” if (without limiting other circumstances in which an Award is assumed) the Award continues after the Change in Control Event, and/or is
assumed and continued by a Parent (as such term is defined in the definition of Change in Control Event) following a Change in Control Event, and confers the right to purchase or receive, as applicable and subject to vesting and the other terms and
conditions of the Award, for each share of Common Stock subject to the Award immediately prior to the Change in Control Event, the consideration (whether cash, shares, or other securities or property) received in the Change in Control Event by the
stockholders of Corporation for each share of Common Stock sold or exchanged in such transaction (or the consideration received by a majority of the stockholders participating in such transaction if the stockholders were offered a choice of
consideration); provided, however, that if the consideration offered for a share of Common Stock in the transaction is not solely the ordinary common stock of a successor corporation or a Parent, the Board may provide for the consideration to be
received upon exercise or payment of the Award, for each share subject to the Award, to be solely ordinary common stock of the successor corporation or a Parent equal in Fair Market Value to the per share consideration received by the stockholders
participating in the Change in Control Event. 
  

	 	7.3.4	Other Acceleration Rules. Any acceleration of Awards pursuant to this Section 7.3 shall comply with applicable legal requirements and, if necessary to
accomplish the purposes of the acceleration or if the circumstances require, may be deemed by the Administrator to occur a limited period of time not greater than 30 days before the event that triggered such acceleration. Without limiting the
generality of the foregoing, the Administrator may deem an acceleration to occur immediately prior to the applicable event. The portion of any Incentive Stock Option accelerated in connection with a Change in Control Event or any other action
permitted hereunder shall remain exercisable as an Incentive Stock Option only to the extent the applicable $100,000 limitation on Incentive Stock Options is not exceeded. To the extent exceeded, the accelerated portion of the Option shall be
exercisable as a Nonqualified Stock Option. 

  

 18 

	 	7.3.5	Possible Rescission of Acceleration. If the vesting of an Award has been accelerated expressly in anticipation of an event or upon stockholder approval of an
event and the Administrator later determines that the event will not occur, the Administrator may rescind the effect of the acceleration as to any then outstanding and unexercised or otherwise unvested Awards. 

  

	 	7.3.6	Golden Parachute Limitation. Notwithstanding anything else contained in this Section 7.3 to the contrary, in no event shall an Award be accelerated under
this Section 7.3 to an extent or in a manner which would not be fully deductible by the Corporation or one of its Affiliates for federal income tax purposes because of Section 280G of the Code, nor shall any payment hereunder be
accelerated to the extent any portion of such accelerated payment would not be deductible by the Corporation or one of its Affiliates because of Section 280G of the Code. If a holder of an Award would be entitled to benefits or payments
hereunder and under any other plan or program that would constitute “parachute payments” as defined in Section 280G of the Code, then the holder may by written notice to the Corporation designate the order in which such parachute
payments will be reduced or modified so that the Corporation or one of its Affiliates is not denied federal income tax deductions for any “parachute payments” because of Section 280G of the Code. Notwithstanding the foregoing, if a
Participant is a party to an employment or other agreement with the Corporation or one of its Affiliates, or is a participant in a severance program sponsored by the Corporation or one of its Affiliates that contains express provisions regarding
Section 280G and/or Section 4999 of the Code (or any similar successor provision), the Section 280G and/or Section 4999 provisions of such employment or other agreement or plan, as applicable, shall control as to any Awards held
by that Participant (for example, and without limitation, a Participant may be a party to an employment agreement with the Corporation or one of its Affiliates that provides for a “gross-up” as opposed to a “cut-back” in the
event that the Section 280G thresholds are reached or exceeded in connection with a change in control and, in such event, the Section 280G and/or Section 4999 provisions of such employment agreement shall control as to any Awards held
by that Participant). 

  

	 	7.4	Termination of Employment or Services. 

  

	 	7.4.1	Events Not Deemed a Termination of Employment. Unless the Administrator otherwise expressly provides with respect to a particular Award, if a Participant’s
employment by or service to the Corporation or an Affiliate terminates but immediately thereafter the Participant continues in the employ of or service to another Affiliate or the Corporation, as applicable, the Participant shall be deemed to have
not had a termination of employment or service for purposes of this Plan and the Participant’s Awards. Unless the express policy of the Corporation or the Administrator otherwise provides, a Participant’s employment relationship

  

 19 

	 	  	with the Corporation or any of its Affiliates shall not be considered terminated solely due to any sick leave, military leave, or any other leave of absence authorized
by the Corporation or any Affiliate or the Administrator; provided that, unless reemployment upon the expiration of such leave is guaranteed by contract or law, such leave is for a period of not more than 90 days. In the case of any
Participant on an approved leave of absence, continued vesting of the Award while on leave from the employ of or service with the Corporation or any of its Affiliates will be suspended until the Participant returns to service, unless the
Administrator otherwise provides or applicable law otherwise requires. In no event shall an Award be exercised after the expiration of the term of the Award set forth in the Award Agreement. 

  

	 	7.4.2	Effect of Change of Affiliate Status. For purposes of this Plan and any Award, if an entity ceases to be an Affiliate, a termination of employment or service
will be deemed to have occurred with respect to each Eligible Person in respect of such Affiliate who does not continue as an Eligible Person in respect of another Affiliate that continues as such after giving effect to the transaction or other
event giving rise to the change in status. 

  

	 	7.4.3	Administrator Discretion. Notwithstanding the provisions of Section 5.7 or 6.8, in the event of, or in anticipation of, a termination of employment or
service with the Corporation or any of its Affiliates for any reason, the Administrator may accelerate the vesting and exercisability of all or a portion of the Participant’s Award, and/or, subject to the provisions of Sections 5.4.2 and 7.3,
extend the exercisability period of the Participant’s Option upon such terms as the Administrator determines and expressly sets forth in or by amendment to the Award Agreement. 

  

	 	7.4.4	Termination of Consulting or Affiliate Services. If the Participant is an Eligible Person solely by reason of clause (c) of Section 3, the
Administrator shall be the sole judge of whether the Participant continues to render services to the Corporation or any of its Affiliates, unless a written contract or the Award Agreement otherwise provides. If, in these circumstances, the
Corporation or any Affiliate notifies the Participant in writing that a termination of the Participant’s services to the Corporation or any Affiliate has occurred for purposes of this Plan, then (unless the contract or the Award Agreement
otherwise expressly provides), the Participant’s termination of services with the Corporation or Affiliate for purposes of this Plan shall be the date which is 10 days after the mailing of the notice by the Corporation or Affiliate or, in the
case of a termination for Cause, the date of the mailing of the notice. 

  

	 	7.5	Compliance with Laws. 

  

	 	7.5.1	General. This Plan, the granting and vesting of Awards under this Plan, and the offer, issuance and delivery of shares of Common Stock, the

  

 20 

	 	  	acceptance of promissory notes and/or the payment of money under this Plan or under Awards are subject to compliance with all applicable federal and state laws, rules
and regulations (including but not limited to state and federal securities laws, and federal margin requirements) and to such approvals by any listing, regulatory or governmental authority as may, in the opinion of counsel for the Corporation, be
necessary or advisable in connection therewith. The person acquiring any securities under this Plan will, if requested by the Corporation, provide such assurances and representations to the Corporation as the Administrator may deem necessary or
desirable to assure compliance with all applicable legal and accounting requirements. 

  

	 	7.5.2	Compliance with Securities Laws. No Participant shall sell, pledge or otherwise transfer shares of Common Stock acquired pursuant to an Award or any interest in
such shares except in accordance with the express terms of this Plan and the applicable Award Agreement. Any attempted transfer in violation of this Section 7.5 shall be void and of no effect. Without in any way limiting the provisions set
forth above, no Participant shall make any disposition of all or any portion of shares of Common Stock acquired or to be acquired pursuant to an Award, except in compliance with all applicable federal and state securities laws and unless and until:

  

	 	(a)	there is then in effect a registration statement under the Securities Act covering such proposed disposition and such disposition is made in accordance with such
registration statement; 

  

	 	(b)	such disposition is made in accordance with Rule 144 under the Securities Act; or 

  

	 	(c)	such Participant notifies the Corporation of the proposed disposition and furnishes the Corporation with a statement of the circumstances surrounding the proposed
disposition, and, if requested by the Corporation, furnishes to the Corporation an opinion of counsel acceptable to the Corporation’s counsel, that such disposition will not require registration under the Securities Act and will be in
compliance with all applicable state securities laws. 

 Notwithstanding anything else herein to the contrary,
neither the Corporation or any Affiliate has any obligation to register the Common Stock or file any registration statement under either federal or state securities laws, nor does the Corporation or any Affiliate make any representation concerning
the likelihood of a public offering of the Common Stock or any other securities of the Corporation or any Affiliate. 
  

 21 

	 	7.5.3	Share Legends. All certificates evidencing shares of Common Stock issued or delivered under this Plan shall bear the following legends and/or any other
appropriate or required legends under applicable laws: 

 “OWNERSHIP OF THIS CERTIFICATE, THE SHARES
EVIDENCED BY THIS CERTIFICATE AND ANY INTEREST THEREIN ARE SUBJECT TO SUBSTANTIAL RESTRICTIONS ON TRANSFER UNDER APPLICABLE LAW AND UNDER AGREEMENTS WITH THE CORPORATION, INCLUDING RESTRICTIONS ON SALE, ASSIGNMENT, TRANSFER, PLEDGE OR OTHER
DISPOSITION.” 
 “THE SHARES ARE SUBJECT TO THE CORPORATION’S RIGHT OF FIRST REFUSAL AND CALL RIGHTS TO
REPURCHASE THE SHARES UNDER THE CORPORATION’S STOCK INCENTIVE PLAN AND AGREEMENTS WITH THE CORPORATION THEREUNDER, COPIES OF WHICH ARE AVAILABLE FOR REVIEW AT THE OFFICE OF THE SECRETARY OF THE CORPORATION.” 
 “THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(“ACT”), NOR HAVE THEY BEEN REGISTERED OR QUALIFIED UNDER THE SECURITIES LAWS OF ANY STATE. NO TRANSFER OF SUCH SECURITIES WILL BE PERMITTED UNLESS A REGISTRATION STATEMENT UNDER THE ACT IS IN EFFECT AS TO SUCH TRANSFER, THE TRANSFER IS
MADE IN ACCORDANCE WITH RULE 144 UNDER THE ACT, OR IN THE OPINION OF COUNSEL TO THE CORPORATION, REGISTRATION UNDER THE ACT IS UNNECESSARY IN ORDER FOR SUCH TRANSFER TO COMPLY WITH THE ACT AND WITH APPLICABLE STATE SECURITIES LAWS.” 

 

	 	7.5.4	Delivery of Financial Statements. The Corporation shall deliver annually to Participants such financial statements of the Corporation as are required to satisfy
applicable securities laws. 

  

	 	7.5.5	Confidential Information. Any financial or other information relating to the Corporation obtained by Participants in connection with or as a result of this Plan
or their Awards shall be treated as confidential. 

  

	 	7.6	Tax Withholding. 

  

	 	7.6.1	Tax Withholding. Upon any exercise, vesting, or payment of any Award or upon the disposition of shares of Common Stock acquired pursuant to the exercise of an
Incentive Stock Option prior to satisfaction of the holding period requirements of Section 422 of the Code, the Corporation or any of its Affiliates shall have the right at its option to: 

  

 22 

	 	(a)	require the Participant (or the Participant’s Personal Representative or Beneficiary, as the case may be) to pay or provide for payment of at least the minimum
amount of any taxes which the Corporation or Affiliate may be required to withhold with respect to such Award event or payment; 

  

	 	(b)	deduct from any amount otherwise payable (in respect of an Award or otherwise) in cash to the Participant (or the Participant’s Personal Representative or
Beneficiary, as the case may be) the minimum amount of any taxes which the Corporation or Affiliate may be required to withhold with respect to such Award event or payment; or 

  

	 	(c)	reduce the number of shares of Common Stock to be delivered by (or otherwise reacquire shares held by the Participant at least 6 months) the appropriate number of
shares of Common Stock, valued at their then Fair Market Value, to satisfy the minimum withholding obligation. 

 In any case where a tax is required to be withheld in connection with the delivery of shares of Common Stock under this Plan, the Administrator may in its sole discretion (subject to Section 7.5) grant (either at the time of the Award
or thereafter) to the Participant the right to elect, pursuant to such rules and subject to such conditions as the Administrator may establish, to have the Corporation reduce the number of shares to be delivered by (or otherwise reacquire) the
appropriate number of shares, valued in a consistent manner at their Fair Market Value or at the sales price in accordance with authorized procedures for cashless exercises, necessary to satisfy the minimum applicable withholding obligation on
exercise, vesting or payment. In no event shall the shares withheld exceed the minimum whole number of shares required for tax withholding under applicable law. The Corporation may, with the Administrator’s approval, accept one or more
promissory notes from any Eligible Person in connection with taxes required to be withheld upon the exercise, vesting or payment of any Award under this Plan; provided that any such note shall be subject to terms and conditions established by the
Administrator and the requirements of applicable law. 
  

	 	7.6.2	 Tax Loans. If so provided in the Award Agreement or otherwise authorized by the Administrator, the Corporation may, to the extent
permitted by law, authorize a loan to an Eligible Person in the amount of any taxes that the Corporation or any of its Affiliates may be required to withhold with respect to shares of Common Stock received (or disposed of, as the case may be)
pursuant to a transaction described in Section 7.6.1. Such a loan will be for a term and at a rate of interest and pursuant to such other terms and conditions as the Corporation may establish,

  

 23 

	 	 
subject to compliance with applicable law. Such a loan need not otherwise comply with the provisions of Section 5.3.3. 

  

	 	7.7	Plan and Award Amendments, Termination and Suspension. 

  

	 	7.7.1	Board Authorization. The Board may, at any time, terminate or, from time to time, amend, modify or suspend this Plan, in whole or in part. No Awards may
be granted during any period that the Board suspends this Plan. 

  

	 	7.7.2	Stockholder Approval. To the extent then required by applicable law or any applicable listing agency or required under Sections 162, 422 or 424 of the Code to
preserve the intended tax consequences of this Plan, or deemed necessary or advisable by the Board, any amendment to this Plan shall be subject to stockholder approval. 

  

	 	7.7.3	Amendments to Awards. Without limiting any other express authority of the Administrator under (but subject to) the express limits of this Plan, the Administrator
by agreement or resolution may waive conditions of or limitations on Awards to Participants that the Administrator in the prior exercise of its discretion has imposed, without the consent of a Participant, and (subject to the requirements of
Sections 2.2 and 7.7.4) may make other changes to the terms and conditions of Awards. 

  

	 	7.7.4	Limitations on Amendments to Plan and Awards. No amendment, suspension or termination of this Plan or amendment of any outstanding Award Agreement shall, without
written consent of the Participant, affect in any manner materially adverse to the Participant any rights or benefits of the Participant or obligations of the Corporation under any Award granted under this Plan prior to the effective date of such
change. Changes, settlements and other actions contemplated by Section 7.3 shall not be deemed to constitute changes or amendments for purposes of this Section 7.7. 

  

	 	7.8	Privileges of Stock Ownership. Except as otherwise expressly authorized by the Administrator or this Plan or in the Award Agreement, a Participant will
not be entitled to any privilege of stock ownership as to any shares of Common Stock not actually delivered to and held of record by the Participant. No adjustment will be made for dividends or other rights as a stockholder for which a record date
is prior to such date of delivery. 

  

	 	7.9	 Stock-Based Awards in Substitution for Awards Granted by Other Corporation. Awards may be granted to Eligible Persons in substitution for
or in connection with an assumption of employee stock options, stock appreciation rights, restricted stock or other stock-based awards granted by other entities to persons who are or who will become Eligible Persons in respect of the Corporation or
one of its Affiliates, in connection with a distribution, merger or other reorganization

  

 24 

	 	 
by or with the granting entity or an affiliated entity, or the acquisition by the Corporation or one of its Affiliates, directly or indirectly, of all or a substantial part of the stock or assets
of the employing entity. The Awards so granted need not comply with other specific terms of this Plan, provided the Awards reflect only adjustments giving effect to the assumption or substitution consistent with the conversion applicable to the
Common Stock in the transaction and any change in the issuer of the security. Any shares that are delivered and any Awards that are granted by, or become obligations of, the Corporation, as a result of the assumption by the Corporation of, or in
substitution for, outstanding awards previously granted by an acquired company (or previously granted by a predecessor employer (or direct or indirect parent thereof) in the case of persons that become employed by the Corporation or one of its
Affiliates in connection with a business or asset acquisition or similar transaction) shall not be counted against the Share Limit or other limits on the number of shares available for issuance under this Plan. 

  

	 	7.10	Effective Date of the Plan. This Plan is effective upon the Effective Date, subject to approval by the stockholders of the Corporation within
twelve months after the date the Board approves this Plan. 

  

	 	7.11	Term of the Plan. Unless earlier terminated by the Board, this Plan will terminate at the close of business on the day before the 10th anniversary
of the Effective Date. After the termination of this Plan either upon such stated expiration date or its earlier termination by the Board, no additional Awards may be granted under this Plan, but previously granted Awards (and the authority of the
Administrator with respect thereto, including the authority to amend such Awards) shall remain outstanding in accordance with their applicable terms and conditions and the terms and conditions of this Plan. 

  

	 	7.12	Governing Law/Severability.  

  

	 	7.12.1	Choice of Law. This Plan, the Awards, all documents evidencing Awards and all other related documents will be governed by, and construed in accordance with, the
laws of the state of Delaware. 

  

	 	7.12.2	Severability. If it is determined that any provision of this Plan or an Award Agreement is invalid and unenforceable, the remaining provisions of this Plan
and/or the Award Agreement, as applicable, will continue in effect provided that the essential economic terms of this Plan and the Award can still be enforced. 

  

	 	7.13	Captions. Captions and headings are given to the sections and subsections of this Plan solely as a convenience to facilitate reference. Such
headings will not be deemed in any way material or relevant to the construction or interpretation of this Plan or any provision thereof. 

  

 25 

	 	7.14	Non-Exclusivity of Plan. Nothing in this Plan will limit or be deemed to limit the authority of the Board or the Administrator to grant awards or
authorize any other compensation, with or without reference to the Common Stock, under any other plan or authority. 

  

	 	7.15	No Restriction on Corporate Powers. The existence of this Plan, the Award Agreements, and the Awards granted hereunder, shall not limit, affect or
restrict in any way the right or power of the Board or the stockholders of the Corporation to make or authorize: (a) any adjustment, recapitalization, reorganization or other change in the Corporation’s or any Affiliate’s capital
structure or its business; (b) any merger, amalgamation, consolidation or change in the ownership of the Corporation or any Affiliate; (c) any issue of bonds, debentures, capital, preferred or prior preference stocks ahead of or affecting
the Corporation’s capital stock or the rights thereof; (d) any dissolution or liquidation of the Corporation or any Affiliate; (e) any sale or transfer of all or any part of the Corporation or any Affiliate’s assets or business;
or (f) any other corporate act or proceeding by the Corporation or any Affiliate. No Participant, Beneficiary or any other person shall have any claim under any Award or Award Agreement against any member of the Board or the Administrator, or
the Corporation or any employees, officers or agents of the Corporation or any Affiliate, as a result of any such action. 

  

	 	7.16	Other Company Compensation or Benefit Programs. Payments and other benefits received by a Participant under an Award made pursuant to this Plan
shall not be deemed a part of a Participant’s compensation for purposes of the determination of benefits under any other employee welfare or benefit plans or arrangements, if any, provided by the Corporation or any Affiliate, except where the
Administrator or the Board expressly otherwise provides or authorizes in writing. Awards under this Plan may be made in addition to, in combination with, as alternatives to or in payment of grants, awards or commitments under any other plans or
arrangements of the Corporation or any Affiliate. 

  

	 	7.17	Stockholders’ Agreement. 

  

	 	7.17.1	Applicability of Stockholders’ Agreement. Upon the receipt of any Award, each Participant under this Plan shall execute a Joinder Agreement (as such
term is defined under the Stockholders’ Agreement) to the Stockholders’ Agreement thereby agreeing to be a party to, a signatory of and bound by the Stockholders’ Agreement and shall be deemed to be a “Management Holder” for
all purposes under the Stockholders’ Agreement. All Awards granted pursuant to this Plan and the Common Stock issued pursuant to the exercise of Awards under this Plan shall be deemed “Common Stock Equivalents” and “Stockholder
Shares,” respectively, under the Stockholders’ Agreement. 

  

	 	7.17.2	Non-Impairment of Rights. Nothing in this Plan shall alter or impair the rights of the Corporation pursuant to the Stockholders’ Agreement.
Similarly, nothing in the Stockholders’ Agreement shall impair or alter the 

  

 26 

	 	 
rights of the Corporation pursuant to this Plan. For example and for purposes of clarity, to the extent the Corporation has a similar right under both the Stockholders’ Agreement and this
Plan (or an Award Agreement), the Corporation may choose to exercise either or both of such rights. 

  

	8.	DEFINITIONS. 

 “Administrator” has the meaning given to such term in Section 2.1. 
 “Affiliate” means (a) any corporation (other than the Corporation) in an unbroken chain of corporations ending with the Corporation if, at the time of the determination, each of the corporations other than the
Corporation owns stock possessing fifty percent (50%) or more of the total combined voting power of all classes of stock in one of the other corporations in such chain, or (b) any corporation (other than the Corporation) in an unbroken
chain of corporations beginning with the Corporation if, at the time of the determination, each of the corporations other than the last corporation in the unbroken chain owns stock possessing fifty percent (50%) or more of the total combined
voting power of all classes of stock in one of the other corporations in such chain 
 “Award” means an award
of any Option or Stock Award, or any combination thereof, whether alternative or cumulative, authorized by and granted under this Plan. 
 “Award Agreement” means any writing, approved by the Administrator, setting forth the terms of an Award that has been duly authorized and approved. 
 “Award Date” means the date upon which the Administrator took the action granting an Award or such later date as the
Administrator designates as the Award Date at the time of the grant of the Award. 
 “Beneficiary” means the
person, persons, trust or trusts designated by a Participant, or, in the absence of a designation, entitled by will or the laws of descent and distribution, to receive the benefits specified in the Award Agreement and under this Plan if the
Participant dies, and means the Participant’s executor or administrator if no other Beneficiary is designated and able to act under the circumstances. 
 “Board” means the Board of Directors of the Corporation. 
 “Cause” with respect to a Participant means (unless otherwise expressly provided in the applicable Award Agreement, or another applicable contract with the Participant that defines such term for purposes of determining the
effect that a “for cause” termination has on the Participant’s stock options and/or stock awards) a termination of employment or service based upon a finding by the Corporation or any of its Affiliates, acting in good faith and based
on its reasonable belief at the time, that the Participant: 
  

	 	(a)	has been negligent in the discharge of his or her duties to the Corporation or any Affiliate, has refused to perform stated or assigned duties or is incompetent in or

  

 27 

	 	(b)	has been dishonest or committed or engaged in an act of theft, embezzlement or fraud, a breach of confidentiality, an unauthorized disclosure or use of inside
information, customer lists, trade secrets or other confidential information; 

  

	 	(c)	has breached a fiduciary duty, or willfully and materially violated any other duty, law, rule, regulation or policy of the Corporation or any of its Affiliates; or has
been convicted of, or plead guilty or nolo contendere to, a felony or misdemeanor (other than minor traffic violations or similar offenses); 

  

	 	(d)	has materially breached any of the provisions of any agreement with the Corporation or any of its Affiliates; 

  

	 	(e)	has engaged in unfair competition with, or otherwise acted intentionally in a manner injurious to the reputation, business or assets of, the Corporation or any of its
Affiliates; or 

  

	 	(f)	has improperly induced a vendor or customer to break or terminate any contract with the Corporation or any of its Affiliates or induced a principal for whom the
Corporation or any Affiliate acts as agent to terminate such agency relationship. 

 A termination for Cause shall
be deemed to occur (subject to reinstatement upon a contrary final determination by the Administrator) on the date on which the Corporation or any Affiliate first delivers written notice to the Participant of a finding of termination for Cause.

 “Change in Control Event” means, prior to the date of a Public Offering, any of the following: 

 

	 	(a)	the sale of all or substantially all of the Corporation’s assets; 

  

	 	(b)	the sale or transfer of the outstanding shares of capital stock of the Corporation or the merger or consolidation of the Corporation with another person or entity;
provided, in each case under circumstances in which FS Equity Partners V, L.P. and FS Affiliates V, L.P. (collectively with any co-investors in the Corporation as of the Award Date and each of their permitted transferees) own less than 50% in voting
power of the outstanding capital shares of the Corporation or the surviving or resulting corporation or acquirer, as the case may be, immediately following such transaction; 

  

	 	(c)	any voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Corporation. 

 On and after the date of a Public Offering, a “Change in Control Event” means any of the following: 
  

 28 

	 	(a)	Approval by stockholders of the Corporation (or, if no stockholder approval is required, by the Board alone) of the complete dissolution or liquidation of the
Corporation, other than in the context of a Business Combination that does not constitute a Change in Control Event under paragraph (c) below; 

  

	 	(b)	The acquisition by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange Act (a “Person”)) of
beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 50% or more of either (1) the then-outstanding shares of common stock of the Corporation (the “Outstanding Company Common Stock”) or
(2) the combined voting power of the then-outstanding voting securities of the Corporation entitled to vote generally in the election of directors (the “Outstanding Company Voting Securities”); provided, however, that, for
purposes of this paragraph (b), the following acquisitions shall not constitute a Change in Control Event; (A) any acquisition directly from the Corporation, (B) any acquisition by the Corporation, (C) any acquisition by any employee
benefit plan (or related trust) sponsored or maintained by the Corporation or any Affiliate or a successor, (D) any acquisition by any entity pursuant to a Business Combination, (E) any acquisition by a Person described in and satisfying
the conditions of Rule 13d-1(b) promulgated under the Exchange Act, or (F) any acquisition by a Person who is the beneficial owner (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 50% or more of the Outstanding Company
Common Stock and/or the Outstanding Company Voting Securities on the Effective Date (or an affiliate, heir, descendant, or related party of or to such Person); 

  

	 	(c)	Consummation of a reorganization, merger, statutory share exchange or consolidation or similar corporate transaction involving the Corporation or any corporation or
other entity a majority of whose outstanding voting stock or voting power is beneficially owned directly or indirectly by the Corporation (a “Subsidiary”), a sale or other disposition of all or substantially all of the assets of the
Corporation, or the acquisition of assets or stock of another entity by the Corporation or any of its Subsidiaries (each, a “Business Combination”), in each case unless, following such Business Combination, (1) all or
substantially all of the individuals and entities that were the beneficial owners of the Outstanding Company Common Stock and the Outstanding Company Voting Securities immediately prior to such Business Combination beneficially own, directly or
indirectly, more than 50% of the then-outstanding shares of common stock and the combined voting power of the then-outstanding voting securities entitled to vote generally in the election of directors, as the case may be, of the entity resulting
from such Business Combination (including, without limitation, an entity that, as a result of such transaction, owns the Corporation or all or substantially all of the Corporation’s assets directly or through one or more subsidiaries (a
“Parent”)), and (2) no Person (excluding any individual or entity described in clauses (C), (E) or (F) of paragraph (b) above) beneficially owns (within the meaning of Rule 13d-3 promulgated under the Exchange
Act), directly or indirectly, more than 50% of, respectively, the then-outstanding shares of common stock of the entity resulting from such Business Combination or the 

  

 29 

	 	 
combined voting power of the then-outstanding voting securities of such entity, except to the extent that the ownership in excess of 50% existed prior to the Business Combination.

 Notwithstanding the foregoing, a Public Offering, in and of itself, shall not constitute a Change in
Control Event. 
 “Code” means the Internal Revenue Code of 1986, as amended from time to time. 
 “Common Stock” means the shares of the Corporation’s common stock, par value $0.01 per share, and such other
securities or property as may become the subject of Awards, or become subject to Awards, pursuant to an adjustment made under Section 7.3.1 of this Plan. 
 “Corporation” means Ivory Holdco, Inc., a Delaware corporation, and its successors. 
 “Early Exercise Option” shall mean an Option eligible for exercise prior to vesting in accordance with the provisions of Section 5.9 of this Plan. An Early Exercise Option may be a
Nonqualified Stock Option or an Incentive Stock Option, as designated by the Administrator in the applicable Award Agreement. 
 “Effective Date” means the date the Board approved this Plan. 
 “Eligible Person”
has the meaning given to such term in Section 3 of this Plan. 
 “Exchange Act” means the Securities
Exchange Act of 1934, as amended from time to time. 
 “Fair Market Value,” for purposes of this Plan and
unless otherwise determined or provided by the Administrator in the circumstances, means as follows: 
  

	 	(a)	If the Common Stock is listed or admitted to trade on the New York Stock Exchange or other national securities exchange (the “Exchange”), the Fair
Market Value shall equal the closing price of a share of Common Stock as reported on the composite tape for securities on the Exchange for the date in question, or, if no sales of Common Stock were made on the Exchange on that date, the closing
price of a share of Common Stock as reported on said composite tape for the next preceding day on which sales of Common Stock were made on the Exchange. The Administrator may, however, provide with respect to one or more Awards that the Fair Market
Value shall equal the last closing price of a share of Common Stock as reported on the composite tape for securities listed on the Exchange available on the date in question or the average of the high and low trading prices of a share of Common
Stock as reported on the composite tape for securities listed on the Exchange for the date in question or the most recent trading day. 

  

	 	(b)	If the Common Stock is not listed or admitted to trade on the a national securities exchange, the Fair Market Value shall equal the last price of a share of Common

  

 30 

	 	Stock as furnished by the National Association of Securities Dealers, Inc. (the “NASD”) through the NASDAQ National Market Reporting System (the
“National Market”) for the date in question, or, if no sales of Common Stock were reported by the NASD through the National Market on that date, the last price of a share of Common Stock as furnished by the NASD through the National
Market for the next preceding day on which sales of Common Stock were reported by the NASD. The Administrator may, however, provide with respect to one or more Awards that the Fair Market Value shall equal the last closing price of a share of Common
Stock as furnished by the NASD through the National Market available on the date in question or the average of the high and low trading prices of a share of Common Stock as furnished by the NASD through the National Market for the date in question
or the most recent trading day. 

  

	 	(c)	If the Common Stock is not listed or admitted to trade on a national securities exchange and is not reported on the National Market Reporting System, the Fair Market
Value shall equal the mean between the bid and asked price for a share of Common Stock on such date, as furnished by the NASD or a similar organization. 

  

	 	(d)	If the Common Stock is not listed or admitted to trade on a national securities exchange, is not reported on the National Market Reporting System and if bid and asked
prices for the stock are not furnished by the NASD or a similar organization, the Fair Market Value shall be the value as reasonably determined by the Administrator for purposes of the Award in the circumstances. 

 The Administrator also may adopt a different methodology for determining Fair Market Value with respect to one or more Awards if a different
methodology is necessary or advisable to secure any intended favorable tax, legal or other treatment for the particular Award(s) (for example, and without limitation, the Administrator may provide that Fair Market Value for purposes of one or more
Awards will be based on an average of closing prices (or the average of high and low daily trading prices) for a specified period preceding the relevant date). 
 Any determination as to Fair Market Value made pursuant to this Plan shall be determined without regard to any restriction other than a restriction which, by its terms, will never lapse, and shall be
conclusive and binding on all persons with respect to Awards granted under this Plan. 
 “Incentive Stock
Option” means an Option that is designated and intended as an “incentive stock option” within the meaning of Section 422 of the Code, the award of which contains such provisions (including but not limited to the receipt of
stockholder approval of this Plan, if the award is made prior to such approval) and is made under such circumstances and to such persons as may be necessary to comply with that section. 
 “Nonqualified Stock Option” means an Option that is not an “incentive stock option” within the meaning of
Section 422 of the Code and includes any Option designated or 
  

 31 

 intended as a Nonqualified Stock Option and any Option designated or intended as an
Incentive Stock Option that fails to meet the applicable legal requirements thereof. 
 “Option” means an
option to purchase Common Stock granted under Section 5 of this Plan. The Administrator will designate any Option granted to an employee of the Corporation or an Affiliate as a Nonqualified Stock Option or an Incentive Stock Option and may also
designate any Option as an Early Exercise Option. 
 “Participant” means an Eligible Person who has been
granted and holds an Award under this Plan. 
 “Personal Representative” means the person or persons who, upon
the disability or incompetence of a Participant, has acquired on behalf of the Participant, by legal proceeding or otherwise, the power to exercise the rights or receive benefits under this Plan by virtue of having become the legal representative of
the Participant. 
 “Plan” means this Ivory Holdco, Inc. Stock Incentive Plan, as it may hereafter be amended
from time to time. 
 “Public Offering” means the date the Common Stock is first registered under the Exchange
Act and listed or quoted on a recognized national securities exchange or in the NASDAQ National Market Quotation System. 
 “Restricted Shares” or “Restricted Stock” means shares of Common Stock awarded to a Participant under this Plan, subject to payment of such consideration and such conditions on vesting (which may include,
among others, the passage of time, specified performance objectives or other factors) and such transfer and other restrictions as are established in or pursuant to this Plan and the related Award Agreement, to the extent such remain unvested and
restricted under the terms of the applicable Award Agreement. 
 “Restricted Stock Award” means an award of
Restricted Stock. 
 “Securities Act” means the Securities Act of 1933, as amended from time to time.

 “Severance Date” with respect to a particular Participant means, unless otherwise provided in the applicable
Award Agreement: 
  

	 	(a)	if the Participant is an Eligible Person under clause (a) of Section 3 and the Participant’s employment by the Corporation or any of its Affiliates
terminates (regardless of the reason), the last day that the Participant is actually employed by the Corporation or such Affiliate (unless, immediately following such termination of employment, the Participant is a member of the Board or, by express
written agreement with the Corporation or any of its Affiliates, continues to provide other services to the Corporation or any Affiliate as an Eligible Person under clause (c) of Section 3, in which case the Participant’s Severance
Date shall not be the date of such termination of employment but shall be determined in accordance with clause (b) or (c) below, as applicable, in connection with the termination of the Participant’s other services);

  

 32 

	 	(b)	if the Participant is not an Eligible Person under clause (a) of Section 3 but is an Eligible Person under clause (b) thereof, and the Participant ceases
to be a member of the Board (regardless of the reason), the last day that the Participant is actually a member of the Board (unless, immediately following such termination, the Participant is an employee of the Corporation or any of its Affiliates
or, by express written agreement with the Corporation or any of its Affiliates, continues to provide other services to the Corporation or any Affiliate as an Eligible Person under clause (c) of Section 3, in which case the
Participant’s Severance Date shall not be the date of such termination but shall be determined in accordance with clause (a) above or (c) below, as applicable, in connection with the termination of the Participant’s employment or
other services); 

  

	 	(c)	if the Participant is not an Eligible Person under clause (a) or clause (b) of Section 3 but is an Eligible Person under clause (c) thereof, and the
Participant ceases to provide services to the Corporation or any of its Affiliates as determined in accordance with Section 7.4.4 (regardless of the reason), the last day that the Participant actually provides services to the Corporation or
such Affiliate as an Eligible Person under clause (c) of Section 3 (unless, immediately following such termination, the Participant is an employee of the Corporation or any of its Affiliates or is a member of the Board, in which case the
Participant’s Severance Date shall not be the date of such termination of services but shall be determined in accordance with clause (a) or (b) above, as applicable, in connection with the termination of the Participant’s
employment or membership on the Board). 

 “Stock Award” means an award of shares of Common Stock
under Section 6 of this Plan. A Stock Award may be a Restricted Stock Award or an award of unrestricted shares of Common Stock. 
 “Stockholders’ Agreement” means that certain Stockholders’ Agreement, dated May 24, 2005, by and among the Corporation and the equity holders listed therein, as the same may be amended or modified.

 “Total Disability” means a “total and permanent disability” within the meaning of
Section 22(e)(3) of the Code and, with respect to Awards other than Incentive Stock Options, such other disabilities, infirmities, afflictions, or conditions as the Administrator may include. 
  

 33

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