Document:

EX-10.1

 Exhibit 10.1 

UIPATH, INC. 
 AMENDED
AND RESTATED INVESTORS’ RIGHTS AGREEMENT 
 This Amended and Restated Investors’ Rights Agreement (this
“Agreement”) is made and entered into as of February 1, 2021 by and among UiPath, Inc., a Delaware corporation (the “Company”), each of the investors listed on Schedule A hereto, each of which is
referred to in this Agreement as an “Investor”. 
 RECITALS 

WHEREAS, certain of the Investors (the “Existing Investors”) possess information rights, rights of first offer
and other rights pursuant to that certain Amended and Restated Investors’ Rights Agreement dated as of July 9, 2020 by and among the Company and such Existing Investors (the “Prior Agreement”); 

WHEREAS, the Prior Agreement may be amended, and any provision therein waived, with the consent of the Company and the holders of at
least seventy percent (70%) of the Registrable Securities then outstanding (as such term is defined in the Prior Agreement); 

WHEREAS, the Existing Investors, as holders of at least seventy percent (70%) of the outstanding Registrable Securities (as such term
is defined in the Prior Agreement) of the Company, desire to terminate the Prior Agreement in its entirety and to accept the rights created pursuant hereto in lieu of the rights granted to them under the Prior Agreement; and 

WHEREAS, certain of the Investors are parties to that certain Series F Preferred Stock Purchase Agreement, dated as of February 1,
2021, by and among the Company and certain of the Investors (the “Purchase Agreement”), which provides that as a condition to the closing of the sale of shares of the Company’s Series F Preferred Stock, par value
$0.00001 per share (the “Series F Preferred Stock”), this Agreement must be executed and delivered by such Investors, Existing Investors holding at least seventy percent (70%) of the outstanding Registrable Securities (as
such term is defined in the Prior Agreement) and the Company. 
 NOW, THEREFORE, in consideration of the mutual promises and
covenants set forth herein, the Company and the Investors, including the Existing Investors, each hereby agree that the Prior Agreement shall be superseded and replaced in its entirety by this Agreement, and the parties hereto further agree as
follows: 
 1. DEFINITIONS. For purposes of this Agreement: 

“Affiliate” means, with respect to any specified Person, any other Person who or which, directly or indirectly,
controls, is controlled by, or is under common control or common management with such specified Person, including, without limitation, any general partner, managing partner, managing member, officer or director of such Person and any venture capital
fund or other investment fund now or hereafter existing that is controlled by one or more general partners or managing members of, or shares the same management company or registered investment adviser with, such specified Person. For purposes of
this definition, the terms 

  
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“controlling,” “controlled by,” or “under common control with” shall mean the possession, directly or indirectly, of
(a) the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract, or otherwise, or (b) the power to elect or appoint at least fifty percent (50%) of
the directors, managers, general partners, or persons exercising similar authority with respect to such Person. 

“Alkeon” means Alkeon Innovation Master Fund, LP and Alkeon Innovation Opportunity Master Fund, LP. 

“Board” means the Board of Directors of the Company. 

“Budget” shall have the meaning given to that term in Section 3.1.1. 

“business day” means a weekday on which banks are open for general banking business in New York City, New York. 

“CFIUS” means the Committee on Foreign Investment in the United States. “CFIUS Filing” means a
Declaration or CFIUS Notice. 
 “CFIUS Notice” means a notification of a Potential CFIUS Transaction submitted to
CFIUS pursuant to the DPA. 
 “CFIUS Approval” means, following a CFIUS Filing with respect to a Potential CFIUS
Transaction, the applicable Investor and the Company shall have received written notice from CFIUS stating that: (i) CFIUS has concluded that the Potential CFIUS Transaction is not a “covered transaction” and not subject to review
under the DPA; (ii) CFIUS has completed an assessment of the Declaration or a review or investigation of the Potential CFIUS Transaction based on a CFIUS Notice and has concluded all action under the DPA; or (iii) CFIUS has sent a report
to the President of the United States (the “President”) requesting the President’s decision and either (A) the President has announced a decision not to take any action to suspend, prohibit or place any limitations
on the Potential CFIUS Transaction or (B) the President has not announced a decision to take any action to suspend or prohibit the Potential CFIUS Transaction within fifteen (15) days after the earlier of (x) the date upon which CFIUS
has completed its investigation of the Potential CFIUS Transaction or (y) the date on which CFIUS has referred the Potential CFIUS Transaction to the President for action. 

“Coatue” means Coatue Offshore Master Fund, Ltd. and Coatue CT XXXVIII LLC. 

“Common Stock” means shares of the Company’s Class A Common Stock and Class B Common Stock, each as
defined in the Restated Certificate. 
 “Competitor” means a Person engaged, directly or indirectly (including
through any partnership, limited liability company, corporation, joint venture or similar arrangement (whether now existing or formed hereafter)), in the Company’s business as currently conducted and proposed to be conducted, provided, that,
any venture capital firm, financial investment firm or collective investment vehicle that is in the business of investing in entities shall under no circumstances be deemed to be a “Competitor” solely as a result of its
investments in an entity in such a business. 

  
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 “Convertible Securities” means any evidences of indebtedness, shares
or other securities issued by the Company that are directly or indirectly convertible into or exchangeable for Common Stock, but excluding Options. 

“Declaration” means (i) a mandatory declaration of a Potential CFIUS Transaction filed with CFIUS pursuant to the
DPA if 31 C.F.R. §800.401(b) or (c) apply to such Potential CFIUS Transaction at issue or (ii) a voluntary declaration of a Potential CFIUS Transaction filed with CFIUS pursuant to the DPA. 

“Deemed Liquidation Event” has the meaning set forth for such term in the Restated Certificate most recently filed
with the Delaware Secretary of State that contains such a definition, whether or not the holders of outstanding shares of Preferred Stock elect otherwise by written notice sent to the Company as provided in such definition. 

“Derivative Securities” means any securities or rights convertible into, or exercisable or exchangeable for (in each
case, directly or indirectly), Common Stock, including options and warrants. 
 “Direct Listing” means the listing
of the Company’s Common Stock for trading on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board by means of an effective registration statement on Form
S-1 filed by the Company with the United States Securities and Exchange Commission. For the avoidance of any doubt, a Direct Listing shall not be deemed to be an underwritten public offering of the
Company’s capital stock registered under the Securities Act. 
 “DPA” means Section 721 of the Defense
Production Act of 1950, as amended, and all rules and regulations issued and effective thereunder. 
 “Exchange Act”
means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder. 
 “Excluded
Registration” means (i) a registration relating to the sale of securities to employees of the Company or a subsidiary pursuant to a stock option, stock purchase, or similar plan; (ii) a registration relating to an SEC Rule 145
transaction; (iii) a registration on any form that does not include substantially the same information as would be required to be included in a registration statement covering the sale of the Registrable Securities; or (iv) a registration
in which the only Common Stock being registered is Common Stock issuable upon conversion of debt securities that are also being registered. 

“Exercising Investor” shall have the meaning set forth in Section 4.2. 

“Form S-3” means such form under the Securities Act as in effect on the date
hereof or any registration form under the Securities Act subsequently adopted by the SEC that permits inclusion or incorporation of substantial information by reference to other documents filed by the Company with the SEC. 

“Free Writing Prospectus” means a free-writing prospectus, as defined in Rule 405. “GAAP”
means generally accepted accounting principles in the United States. 

  
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 “Holder” means any holder of Registrable Securities who is a party
to this Agreement. 
 “Immediate Family Member” means a spouse or Spousal Equivalent, child (natural or adopted),
sibling or any other direct lineal antecedent or descendant, of a natural person referred to herein. 
 “Investor
Notice” shall have the meaning set forth in Section 4.2. 
 “IPO” means the Company’s first
underwritten public offering of its Common Stock under the Securities Act. 
 “Major Investor” means each Investor
that, (i) individually or together with such Investor’s Affiliates, holds at least 3,811,779 shares of Registrable Securities (as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification), or
(ii) is a party to the Purchase Agreement and who holds at least 1,882,382 shares of Series E Preferred Stock (as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification). 

“Maximum Pro Rata Percentage” means the highest Pro Rata Percentage among the Waiving Major Investors subscribing for
such shares in an offering of New Securities. 
 “New Securities” means, collectively, equity securities of the
Company, whether or not currently authorized, Derivative Securities and any rights, options, or warrants to purchase such equity securities, or securities of any type whatsoever that are, or may become, convertible or exchangeable into or
exercisable (in each case, directly or indirectly) for such equity securities. 
 “Offer Notice” shall have the
meaning set forth in Section 4.1. 
 “Option” means any right, option or warrant to subscribe for, purchase or
otherwise acquire Common Stock or Convertible Securities from the Company. 
 “Person” means any individual,
corporation, partnership, trust, limited liability company, association or other entity. 
 “Preferred Stock” means,
collectively, the Series F Preferred Stock, the Company’s Series E Preferred Stock (“Series E Preferred Stock”), the Company’s Series D-1 Preferred Stock (“Series D-1 Preferred Stock”), the Company’s Series D-2 Preferred Stock (“Series D-2 Preferred
Stock”), the Company’s Series C-1 Preferred Stock (“Series C-1 Preferred Stock”), the Company’s Series C-2 Preferred Stock (“Series C-2 Preferred Stock”), the Company’s Series B-1 Preferred Stock
(“Series B-1 Preferred Stock”), the Company’s Series B-2 Preferred Stock (“Series B-2
Preferred Stock”), the Company’s Series A-1 Preferred Stock (“Series A-1 Preferred Stock”) and the Company’s Series A-2 Preferred Stock (“Series A-2 Preferred Stock”), each with a par value $0.00001 per share. 

“Potential CFIUS Transaction” shall have the meaning set forth in Section 4.4. 

“Pro Rata Percentage” means the number of shares a Waiving Major Investor subscribes for in any offering of New
Securities divided by the maximum number of shares such Waiving Major Investor has the right to subscribe for in any offering of New Securities pursuant to Section 4, provided that such Pro Rata Percentage is set to 100% if such Pro Rata
Percentage would otherwise exceed 100%. 

  
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 “Qualified Direct Listing” shall have the meaning assigned to it in
the Restated Certificate. 
 “Qualified Public Offering” shall have the meaning assigned to it in the Restated
Certificate. 
 “register,” “registered,” and “registration” refer
to a registration effected by preparing and filing a registration statement or similar document in compliance with the Securities Act of 1933, and the declaration or ordering of effectiveness of such registration statement or document. 

“Registrable Securities” means (a) the Common Stock issuable or issued upon conversion of the Preferred Stock;
and (b) any Common Stock issued as (or issuable upon the conversion or exercise of any warrant, right, or other security that is issued as) a dividend or other distribution with respect to, or in exchange for or in replacement of, the shares
referenced in clause (a) above; excluding in all cases, however, any Registrable Securities sold by a Person in a transaction in which the applicable rights under this Agreement are not assigned pursuant to Section 7.1, and excluding for
purposes of Section 2 any shares for which registration rights have terminated pursuant to Section 2.14 of this Agreement; provided, that, for purposes of voting rights contained herein, including in Sections 2.11, 4.5 and
7.6, Registrable Securities shall not include any shares of Common Stock issuable or issued upon conversion of the Series F Preferred Stock. 

“Registrable Securities then outstanding” means the number of shares determined by adding the number of shares of
outstanding Common Stock that are Registrable Securities and the number of shares of Common Stock issuable (directly or indirectly) pursuant to then exercisable and/or convertible securities that are Registrable Securities. 

“Restricted Securities” means the securities of the Company required to be notated with the legend set forth in
Subsection 2.13.2 hereof. 
 “Restated Certificate” means the Company’s Restated Certificate of Incorporation
(as may be amended from time to time). 
 “Right of First Refusal and Co-Sale
Agreement” means that certain Amended and Restated Right of First Refusal and Co-Sale Agreement dated of even date herewith and as may be amended by and among the Company, the Investors and
certain stockholders of the Company. 
 “Rule 144” shall mean Rule 144 under the Securities Act. 

“Rule 144(b)(1)(i)” shall mean subsection (b)(1)(i) of Rule 144 under the Securities Act as it applies to Persons who
have held shares for more than one (1) year. 
 “Rule 405” shall mean Rule 405 under the Securities Act. 

“Sands Capital” means Sands Capital Global Innovation Fund, L.P. and Sands Capital Global Innovation Fund-UIP, L.P. 

  
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 “SEC” means the Securities and Exchange Commission. 

“Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.

 “Seedcamp” means, SC_3_OF1LP, SC_3_OF2 LP and Seedcamp III LP, collectively. 

“Selling Expenses” means all underwriting discounts, selling commissions, and stock transfer taxes applicable to the
sale of Registrable Securities, and fees and disbursements of counsel for any Holder, except for the fees and disbursements of the Selling Holder Counsel borne and paid by the Company as provided in Section 2.6. 

“Spousal Equivalent” means an individual who is registered with any state governmental entity as a domestic partner of
the relevant person to whom such individual may be a Spousal Equivalent (a “Registered Domestic Partner”) or who (a) irrespective of whether or not the relevant person to whom such individual may be a Spousal Equivalent
and the Spousal Equivalent are the same sex, they are the sole spousal equivalent of the other for the last twelve (12) months, (b) they intend to remain so indefinitely, (c) neither are married to anyone else nor a Registered Domestic
Partner with anyone else, (d) both are at least 18 years of age and mentally competent to consent to contract, (e) they are not related by blood to a degree of closeness that which would prohibit legal marriage in the state in which they
legally reside, (f) they are jointly responsible for each other’s common welfare and financial obligations, and (g) they reside together in the same residence for the last twelve (12) months and intend to do so indefinitely. 

“T. Rowe Price Investors” means the Investors that are advisory clients of T. Rowe Price Associates, Inc. or any
successor or affiliated registered investment adviser to such Investors. 
 “Tencent” means THL K Limited and TPP
Fund II Holding E Limited. 
 “Voting Agreement” means that certain Amended and Restated Voting Agreement dated of
even date herewith and as may be amended by and among the Company, the Investors and certain stockholders of the Company. 

“Waiving Major Investor” means a Major Investor who has participated in the written consent or affirmative vote set
forth in Section 4.5(iv) to exclude certain New Securities from the provisions of Section 4. 
 2. Registration
Rights. The Company covenants and agrees as follows: 
 2.1 Request for Registration. 

2.1.1 Subject to the conditions of this Section 2.1, if the Company shall receive at any time after the earlier of
(i) April 24, 2024 or (ii) six (6) months after the effective date of the registration statement for an IPO or Direct Listing, a written request from the Holders of a majority of the Registrable Securities then outstanding (for
purposes of this Section 2.1, the “Initiating Holders”) that the Company file a registration statement under the Securities Act covering the registration of Registrable Securities with an anticipated aggregate offering
price, net of Selling Expenses, of at least $15,000,000, then the Company shall, within twenty (20) days of 

  
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the receipt thereof, give written notice of such request to all Holders, and subject to the limitations of this Section 2.1, use its commercially reasonable efforts to effect, as soon as
practicable, the registration under the Securities Act of all Registrable Securities that the Holders request to be registered in a written request received by the Company within twenty (20) days of the mailing of the Company’s notice
pursuant to this Section 2.1.1. 
 2.1.2 If the Initiating Holders intend to distribute the Registrable Securities covered by their
request by means of an underwriting, they shall so advise the Company as a part of their request made pursuant to this Section 2.1, and the Company shall include such information in the written notice referred to in Section 2.1.1. In such
event, the right of any Holder to include its Registrable Securities in such registration shall be conditioned upon such Holder’s participation in such underwriting and the inclusion of such Holder’s Registrable Securities in the
underwriting (unless otherwise mutually agreed by a majority in interest of the Initiating Holders and such Holder) to the extent provided herein. All Holders proposing to distribute their securities through such underwriting shall enter into an
underwriting agreement in customary form with the underwriter or underwriters selected for such underwriting by those Initiating Holders holding a majority of the Registrable Securities then held by all Initiating Holders (which underwriter or
underwriters shall be reasonably acceptable to the Company). Notwithstanding any other provision of this Section 2.1, if the underwriter advises the Company that marketing factors require a limitation on the number of securities underwritten
(including Registrable Securities), then the Company shall so advise all Holders of Registrable Securities that would otherwise be underwritten pursuant hereto, and the number of shares that may be included in the underwriting shall be allocated to
the Holders of such Registrable Securities pro rata based on the number of Registrable Securities held by all such Holders (including the Initiating Holders). In no event shall any Registrable Securities be excluded from such underwriting unless all
other securities are first excluded. Any Registrable Securities excluded or withdrawn from such underwriting shall be withdrawn from the registration. 

2.1.3 Notwithstanding the foregoing, the Company shall not be required to effect a registration pursuant to this Section 2.1: 

(a) in any particular jurisdiction in which the Company would be required to execute a general consent to service of process in effecting
such registration, unless the Company is already subject to service in such jurisdiction and except as may be required under the Securities Act; or 

(b) after the Company has effected two (2) registrations pursuant to this Section 2.1, and such registrations have been declared or
ordered effective; or 
 (c) during the period starting with the date sixty (60) days prior to the Company’s good faith estimate
of the date of the filing of and ending on a date one hundred eighty (180) days following the effective date of a Company-initiated registration subject to Section 2.2 below, provided that the Company is actively employing in good faith
its commercially reasonable efforts to cause such registration statement to become effective; or 
 (d) if the Initiating Holders propose
to dispose of Registrable Securities that may be registered on Form S-3 pursuant to Section 2.3 hereof; or 

  
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 (e) if the Company shall furnish to Holders requesting a registration statement pursuant to
this Section 2.1 a certificate signed by the Company’s Chief Executive Officer or Chairman of the Board stating that in the good faith judgment of the Board, it would be seriously detrimental to the Company and its stockholders for such
registration statement to be effected or remain effective at such time, in which event the Company shall have the right to defer such filing for a period of not more than ninety (90) days after receipt of the request of the Initiating Holders;
provided that such right shall be exercised by the Company not more than once in any twelve (12) month period; and provided further that the Company shall not register any securities for the account of itself or any other stockholder during
such ninety (90) day period (other than an Excluded Registration). 
 2.1.4 For purposes of Subsection 2.1.3(b), a registration shall
not be counted as “effected” if, as a result of an exercise of the underwriter’s cutback provisions in Subsection 2.1.2, fewer than fifty percent (50%) of the total number of Registrable Securities that Holders have requested to be
included in such registration statement are actually included. 
 2.2 Company Registration. 

2.2.1 If (but without any obligation to do so) the Company proposes to register (including for this purpose a registration effected by the
Company for stockholders other than the Holders) any of its stock or other securities under the Securities Act in connection with the public offering of such securities solely for cash (other than (i) a registration relating to a demand
pursuant to Section 2.1 of this Agreement or (ii) an Excluded Registration), the Company shall, at such time, promptly give each Holder written notice of such registration. Upon the written request of each Holder given within twenty
(20) days after mailing of such notice by the Company in accordance with Section 7.5 of this Agreement, the Company shall, subject to the provisions of Section 2.2.3 of this Agreement, use its best efforts to cause to be registered
under the Securities Act all of the Registrable Securities that each such Holder requests to be registered. 
 2.2.2 Right to Terminate
Registration. The Company shall have the right to terminate or withdraw any registration initiated by it under this Section 2.2 prior to the effectiveness of such registration whether or not any Holder has elected to include Registrable
Securities in such registration. The expenses (other than Selling Expenses) of such withdrawn registration shall be borne by the Company in accordance with Section 2.6 hereof. 

2.2.3 Underwriting Requirements. In connection with any offering involving an underwriting of shares of the Company’s capital
stock, the Company shall not be required under this Section 2.2 to include any of the Holders’ securities in such underwriting unless they accept the terms of the underwriting as agreed upon between the Company and the underwriters
selected by the Company (or by other Persons entitled to select the underwriters) and enter into an underwriting agreement in customary form with such underwriters, and then only in such quantity as the underwriters determine in their sole
discretion will not jeopardize the success of the offering by the Company. If the total amount of securities, including Registrable Securities, requested by stockholders to be included in such offering exceeds the amount of securities sold other
than by the Company that the underwriters determine in their sole discretion is compatible with the success of the offering, then the Company shall be required to include in the offering only that number of such securities, including Registrable
Securities, that the underwriters determine in 

  
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their sole discretion will not jeopardize the success of the offering. In the event that the underwriters determine that less than all of the Registrable Securities requested to be registered can
be included in such offering, then the Registrable Securities that are included in such offering shall be apportioned pro rata among the selling Holders based on the number of Registrable Securities held by all selling Holders or in such other
proportions as shall mutually be agreed to by all such selling Holders. Notwithstanding the foregoing, in no event shall (i) any Registrable Securities be excluded from such offering unless all other stockholders’ securities have been
first excluded from the offering, (ii) the amount of securities of the selling Holders included in the offering be reduced below thirty percent (30%) of the total amount of securities included in such offering, unless such offering is the IPO,
in which case the selling Holders may be excluded if the underwriters, as applicable, make the determination described above and no other stockholder’s securities are included in such offering or (iii) any securities held by a stockholder
who is not a Holder be included in such offering if any Registrable Securities held by any Holder (and that such Holder has requested to be registered) are excluded from such offering. For purposes of the preceding sentence concerning apportionment,
for any selling stockholder that is a Holder of Registrable Securities and that is a venture capital fund, partnership or corporation, the affiliated venture capital funds, partners, members, retired partners and stockholders of such Holder, or the
estates and Immediate Family Members of any such partners, members and retired partners and any trusts for the benefit of any of the foregoing Persons shall be deemed to be a single “selling Holder,” and any pro rata reduction with respect
to such “selling Holder” shall be based upon the aggregate amount of Registrable Securities owned by all such related entities and individuals included in such “selling Holder,” as defined in this sentence. 

2.3 Form S-3 Registration. In case the Company shall receive from the Holders of
at least twenty percent (20%) of the Registrable Securities then outstanding (for purposes of this Section 2.3, the “S-3 Initiating Holders”) a written request or requests that the
Company effect a registration on Form S-3 and any related qualification or compliance with respect to all or a part of the Registrable Securities owned by such Holder or Holders, the Company shall: 

2.3.1 within twenty (20) days of the receipt thereof, give written notice of the proposed registration, and any related qualification or
compliance, to all other Holders; and 
 2.3.2 use its best efforts to effect, as soon as practicable, such registration and all such
qualifications and compliances as may be so requested and as would permit or facilitate the sale and distribution of all or such portion of such Holders’ Registrable Securities as are specified in such request, together with all or such portion
of the Registrable Securities of any other Holders joining in such request as are specified in a written request given within twenty (20) days after receipt of such written notice from the Company; provided, however, that the Company shall not
be obligated to effect any such registration, qualification or compliance, pursuant to this Section 2.3: 
 (a) if Form S-3 is not available for such offering by the Holders; 
 (b) if the Holders, together with the holders
of any other securities of the Company entitled to inclusion in such registration, propose to sell Registrable Securities and such other securities (if any) at an aggregate price to the public (net of Selling Expenses) of less than $5,000,000; 

  
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 (c) if the Company shall furnish to all Holders requesting a registration statement
pursuant to this Section 2.3 a certificate signed by the Company’s Chief Executive Officer or Chairman of the Board stating that in the good faith judgment of the Board, it would be seriously detrimental to the Company and its stockholders
for such registration statement to be effected at such time, in which event the Company shall have the right to defer such filing for a period of not more than ninety (90) days after receipt of the request of the
S-3 Initiating Holders; provided that such right shall be exercised by the Company not more than once in any twelve (12) month period; and provided further that the Company shall not register any
securities for the account of itself or any other stockholder during such ninety (90) day period (other than an Excluded Registration); 

(d) if the Company has, within the twelve (12) month period preceding the date of such request, already effected two
(2) registrations on Form S-3 pursuant to this Section 2.3; or 
 (e) in any particular
jurisdiction in which the Company would be required to qualify to do business or to execute a general consent to service of process in effecting such registration, qualification or compliance. 

2.3.3 If the S-3 Initiating Holders intend to distribute the Registrable Securities covered by their
request by means of an underwriting, they shall so advise the Company as a part of their request made pursuant to this Section 2.3 and the Company shall include such information in the written notice referred to in Section 2.3.1. The
provisions of Section 2.1.2 of this Agreement shall be applicable to such request (with the substitution of Section 2.3 for references to Section 2.1). 

2.3.4 Subject to the foregoing, the Company shall file a registration statement covering the Registrable Securities and other securities so
requested to be registered as soon as practicable after receipt of the request or requests of the S-3 Initiating Holders. Registrations effected pursuant to this Section 2.3 shall not be counted as
requests for registration effected pursuant to Section 2.1 of this Agreement. 
 2.4 Obligations of the Company.
Whenever required under this Section 2 to effect the registration of any Registrable Securities, the Company shall, as expeditiously as reasonably possible: 

2.4.1 prepare and file with the SEC a registration statement with respect to such Registrable Securities and use its reasonable best efforts
to cause such registration statement to become effective, and, upon the request of the Holders of a majority of the Registrable Securities registered thereunder, keep such registration statement effective for a period of up to one hundred twenty
(120) days or, if earlier, until the distribution contemplated in the Registration Statement has been completed; provided, however, that such one hundred twenty (120) day period shall be extended for a period of time equal to the period
the Holder refrains, at the request of an underwriter of Common Stock (or other securities) of the Company, from selling any securities included in such registration; 

  
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 2.4.2 prepare and file with the SEC such amendments and supplements to such registration
statement and the prospectus used in connection with such registration statement as may be necessary to comply with the provisions of the Securities Act with respect to the disposition of all securities covered by such registration statement; 

2.4.3 furnish to the Holders such number of copies of a prospectus, including a preliminary prospectus and any Free Writing Prospectus, in
conformity with the requirements of the Securities Act, and such other documents as they may reasonably request in order to facilitate the disposition of Registrable Securities owned by them; 

2.4.4 use its commercially reasonable efforts to register and qualify the Registrable Securities covered by such registration statement under
such other securities or Blue Sky laws of such jurisdictions as shall be reasonably requested by the Holders, provided that the Company shall not be required in connection therewith or as a condition thereto to qualify to do business or to file a
general consent to service of process in any such states or jurisdictions and except as may be required by the Securities Act; 
 2.4.5 in
the event of any underwritten public offering, enter into and perform its obligations under an underwriting agreement, in usual and customary form, with the managing underwriter of such offering; 

2.4.6 notify each Holder of Registrable Securities covered by such registration statement at any time when a prospectus or Free Writing
Prospectus (to the extent prepared by or on behalf of the Company) relating thereto is required to be delivered under the Securities Act of the happening of any event as a result of which the prospectus included in such registration statement, as
then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and, at the
request of any such Holder, the Company will, as soon as reasonably practicable, file and furnish to all such Holders a supplement or amendment to such prospectus or Free Writing Prospectus (to the extent prepared by or on behalf of the Company) so
that, as thereafter delivered to the purchasers of such Registrable Securities, such prospectus will not contain an untrue statement of a material fact or omit to state any fact necessary to make the statements therein not misleading in light of the
circumstances under which they were made; 
 2.4.7 cause all such Registrable Securities registered pursuant to this Section 2 to be
listed on a national exchange or trading system and on each securities exchange and trading system on which similar securities issued by the Company are then listed; 

2.4.8 provide a transfer agent and registrar for all Registrable Securities registered pursuant to this Agreement and a CUSIP number for all
such Registrable Securities, in each case not later than the effective date of such registration; 
 2.4.9 promptly make available for
inspection by the selling Holders, any underwriter(s) participating in any disposition pursuant to such registration statement, and any 

  
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attorney or accountant or other agent retained by any such underwriter or selected by the selling Holders, all financial and other records, pertinent corporate documents, and properties of the
Company, and cause the Company’s officers, directors, employees, and independent accountants to supply all information reasonably requested by any such seller, underwriter, attorney, accountant, or agent, in each case, as necessary or advisable
to verify the accuracy of the information in such registration statement and to conduct appropriate due diligence in connection therewith; and 

2.4.10 notify each selling Holder, promptly after the Company receives notice thereof, of the time when such registration statement has been
declared effective or a supplement to any prospectus forming a part of such registration statement has been filed and, after such registration statement becomes effective, notify each selling Holder of any request by the SEC that the Company amend
or supplement such registration statement or prospectus. 
 2.4.11 Notwithstanding the provisions of this Section 2, the Company shall
be entitled to postpone or suspend, for a reasonable period of time, the filing, effectiveness or use of, or trading under, any registration statement if the Company shall determine that any such filing or the sale of any securities pursuant to such
registration statement would in the good faith judgment of the Board: 
 (a) materially and adversely impair the consummation of any
pending or proposed material offering or sale of any class of securities by the Company; or 
 (b) require disclosure of material nonpublic
information that, if disclosed at such time, would be materially harmful to the interests of the Company and its stockholders; provided, however, that during any such period all executive officers and directors of the Company are also prohibited
from selling securities of the Company (or any security of any of the Company’s subsidiaries or affiliates). 
 In the event of the
suspension of effectiveness of any registration statement pursuant to this Section 2.4, the applicable time period during which such registration statement is to remain effective shall be extended by that number of days equal to the number of
days the effectiveness of such registration statement was suspended. 
 2.5 Information from Holder. It shall be a
condition precedent to the obligations of the Company to take any action pursuant to this Section 2 with respect to the Registrable Securities of any selling Holder that such Holder shall furnish to the Company such information regarding
itself, the Registrable Securities held by it, and the intended method of disposition of such securities as shall be reasonably required to effect the registration of such Holder’s Registrable Securities. 

2.6 Expenses of Registration. All expenses (other than Selling Expenses) incurred in connection with registrations,
filings or qualifications pursuant to Sections 2.1, 2.2 and 2.3 of this Agreement, including, without limitation, all registration, filing and qualification fees, printers’ and accounting fees, fees and disbursements of counsel for the Company
and the reasonable fees and disbursements, not to exceed $35,000, of one counsel for the selling Holders (“Selling Holder Counsel”) shall be borne by the Company. Notwithstanding the foregoing, the

  
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Company shall not be required to pay for any expenses of any registration proceeding begun pursuant to Section 2.1 of this Agreement if the registration request is subsequently withdrawn at
the request of the Holders of a majority of the Registrable Securities to be registered (in which case all participating Holders shall bear such expenses pro rata based upon the number of Registrable Securities that were to be included in the
withdrawn registration); provided, however, that if at the time of such withdrawal, the Holders have learned of a material adverse change in the condition, business or prospects of the Company from that known to the Holders at the time of their
request and have withdrawn the request with reasonable promptness following disclosure by the Company of such material adverse change, then the Holders shall not be required to pay any of such expenses and shall retain their rights pursuant to
Section 2.1 of this Agreement. All Selling Expenses relating to Registrable Securities registered pursuant to this Section 2 shall be borne and paid by the Holders pro rata on the basis of the number of Registrable Securities registered on
their behalf; provided that no Holder shall be required to bear or pay a pro rata share of any fees, disbursements and/or expenses of any counsel or advisors retained by another Holder or group of Holders on such other Holder’s or group of
Holders’ behalf. 
 2.7 Delay of Registration. No Holder shall have any right to obtain or seek an injunction
restraining or otherwise delaying any such registration as the result of any controversy that might arise with respect to the interpretation or implementation of this Section 2. 

2.8 Indemnification. In the event any Registrable Securities are included in a registration statement under this
Section 2 or if any Registrable Securities are included in a registration statement pursuant to a Direct Listing: 
 2.8.1 To the
extent permitted by law, the Company will indemnify and hold harmless each Holder, the partners, members, officers, directors and stockholders of each Holder, legal counsel and accountants for each Holder, any underwriter (as defined in the
Securities Act) for such Holder and each Person, if any, who controls such Holder or underwriter within the meaning of the Securities Act or the Exchange Act, against any losses, claims, damages or liabilities (joint or several) to which they may
become subject under the Securities Act, the Exchange Act, any state securities laws or any rule or regulation promulgated under the Securities Act, the Exchange Act or any state securities laws, insofar as such losses, claims, damages, or
liabilities (or actions or proceedings, whether commenced or threatened, in respect thereof) arise out of or are based upon any of the following statements, omissions or violations (collectively, a “Violation”): (i) any
untrue or alleged untrue statement of a material fact contained in such registration statement, including any preliminary prospectus, final prospectus, or Free Writing Prospectus contained therein or any amendments or supplements thereto, any issuer
information (as defined in Rule 433 of the Securities Act) filed or required to be filed pursuant to Rule 433(d) under the Securities Act or any other document incident to such registration prepared by or on behalf of the Company or used or referred
to by the Company, (ii) the omission or alleged omission of a material fact required to be stated in such registration statement, or necessary to make the statements therein not misleading or (iii) any violation or alleged violation by the
Company of the Securities Act, the Exchange Act, any state securities laws or any rule or regulation promulgated under the Securities Act, the Exchange Act or any state securities laws, and the Company will reimburse each such Holder, underwriter,
controlling Person or other aforementioned Person for any legal or other expenses reasonably incurred by them in connection with investigating or defending any such loss, claim, damage, liability, action or proceeding as such expenses are

  
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incurred; provided, however, that the indemnity agreement contained in this Section 2.8.1 shall not apply to amounts paid in settlement of any such loss, claim, damage, liability, action or
proceeding if such settlement is effected without the consent of the Company (which consent shall not be unreasonably withheld), nor shall the Company be liable in any such case for any such loss, claim, damage, liability, action or proceeding to
the extent that it arises out of or is based upon a Violation that occurs in reliance upon, and in conformity with, written information furnished expressly for use in connection with such registration by any such Holder, underwriter, controlling
Person or other aforementioned Person expressly for use in connection with such registration. 
 2.8.2 To the extent permitted by law, each
selling Holder, severally and not jointly, will indemnify and hold harmless the Company, each of its directors, each of its officers who has signed the registration statement, each Person, if any, who controls the Company within the meaning of the
Securities Act, legal counsel and accountants for the Company, any underwriter, any other Holder selling securities in such registration statement and any controlling Person of any such underwriter or other Holder, against any losses, claims,
damages or liabilities (joint or several) to which any of the foregoing Persons may become subject, under the Securities Act, the Exchange Act, any state securities laws or any rule or regulation promulgated under the Securities Act, the Exchange
Act or any state securities laws, insofar as such losses, claims, damages or liabilities (or actions or proceedings, whether commenced or threatened, in respect thereof) arise out of or are based upon any Violation, in each case to the extent (and
only to the extent) that such Violation occurs in reliance upon and in conformity with written information furnished by such Holder expressly for use in connection with such registration; and each such Holder will reimburse any Person intended to be
indemnified pursuant to this Section 2.8.2 for any legal or other expenses reasonably incurred by such Person in connection with investigating or defending any such loss, claim, damage, liability, action or proceeding as such expenses are
incurred; provided, however, that the indemnity agreement contained in this Section 2.8.2 shall not apply to amounts paid in settlement of any such loss, claim, damage, liability, action or proceeding if such settlement is effected without the
consent of the Holder (which consent shall not be unreasonably withheld), and provided that in no event shall any indemnity under this Section 2.8.2 exceed the net proceeds from the offering received by such Holder (net of any Selling Expenses
paid by such Holder), except in the case of fraud or willful misconduct by such Holder. 
 2.8.3 Promptly after receipt by an indemnified
party under this Section 2.8 of notice of the commencement of any action or proceeding (including any governmental action or proceeding) for which a party may be entitled to indemnification, such indemnified party will, if a claim in respect
thereof is to be made against any indemnifying party under this Section 2.8, deliver to the indemnifying party a written notice of the commencement thereof and the indemnifying party shall have the right to participate in and, to the extent the
indemnifying party so desires, jointly with any other indemnifying party similarly noticed, to assume the defense thereof with counsel mutually satisfactory to the parties; provided, however, that an indemnified party (together with all other
indemnified parties that may be represented without conflict by one counsel) shall have the right to retain one (1) separate counsel, with the fees and expenses to be paid by the indemnifying party, if representation of such indemnified party
by the counsel retained by the indemnifying party would be inappropriate due to actual or potential differing interests between such indemnified party and any other party represented by such counsel in such proceeding. The failure to deliver written
notice to the indemnifying party within a reasonable time of the commencement of any such action or proceeding, if prejudicial to its ability to defend such 

  
 14 

 
action or proceeding, shall relieve such indemnifying party of any liability to the indemnified party under this Section 2.8, but the omission to so deliver written notice to the
indemnifying party will not relieve such indemnifying party of any liability that it may have to any indemnified party otherwise than under this Section 2.8. 

2.8.4 If the indemnification provided for in this Section 2.8 is held by a court of competent jurisdiction to be unavailable to an
indemnified party with respect to any loss, liability, claim, damage or expense referred to herein, then the indemnifying party, in lieu of indemnifying such indemnified party hereunder, shall contribute to the amount paid or payable by such
indemnified party as a result of such loss, liability, claim, damage or expense in such proportion as is appropriate to reflect the relative fault of the indemnifying party on the one hand and the indemnified party on the other hand in connection
with the statements or omissions that resulted in such loss, liability, claim, damage or expense, as well as any other relevant equitable considerations; provided, however, that (i) no contribution by any Holder, when combined with any amounts
paid by such Holder pursuant to Section 2.8.2, shall exceed the proceeds from the offering received by such Holder (net of any Selling Expenses paid by such Holder) and (ii) no Person guilty of fraudulent misrepresentation (within the
meaning of Section 11(f) of the Securities Act) will be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation; and provided further that in no event shall a Holder’s liability pursuant to this
Section 2.8.4, when combined with the amounts paid or payable by such Holder pursuant to Section 2.8.2, exceed the net proceeds from the offering received by such Holder (net of any expenses paid by such Holder). The relative fault of the
indemnifying party and the indemnified party shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to
information supplied by the indemnifying party or by the indemnified party and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. 

2.8.5 Notwithstanding the foregoing, to the extent that the provisions on indemnification and contribution contained in the underwriting
agreement entered into in connection with the underwritten public offering are in conflict with the foregoing provisions, the provisions in the underwriting agreement shall control. 

2.8.6 Unless otherwise superseded by an underwriting agreement entered into in connection with the underwritten public offering, the
obligations of the Company and Holders under this Section 2.8 shall survive the completion of any offering of Registrable Securities in a registration statement under this Section 2 or pursuant to a Direct Listing and otherwise. 

2.9 Reports Under the Exchange Act. With a view to making available to the Holders the benefits of Rule 144 and any other
rule or regulation of the SEC that may at any time permit a Holder to sell securities of the Company to the public without registration or pursuant to a registration on Form S-3, the Company agrees to: 

2.9.1 make and keep adequate current public information available, as those terms are understood and defined in Rule 144, at all times after
the effective date of the IPO or Direct Listing; 

  
 15 

 2.9.2 use commercially reasonable efforts to file with the SEC in a timely manner all
reports and other documents required of the Company under the Securities Act and the Exchange Act (at any time after the Company has become subject to such reporting requirements); and 

2.9.3 furnish to any Holder, so long as the Holder owns any Registrable Securities, forthwith upon request (i) a written statement by
the Company that it has complied with the reporting requirements of Rule 144 (at any time after ninety (90) days after the effective date of the first registration statement filed by the Company), the Securities Act and the Exchange Act (at any
time after it has become subject to such reporting requirements), or that it qualifies as a registrant whose securities may be resold pursuant to Form S-3 (at any time after it so qualifies), (ii) a copy of
the most recent annual or quarterly report of the Company and such other reports and documents so filed by the Company and (iii) such other information as may be reasonably requested to avail any Holder of any rule or regulation of the SEC that
permits the selling of any such securities without registration (at any time after the Company has become subject to the reporting requirements under the Exchange Act) or pursuant to Form S-3 (at any time
after the Company so qualifies to use such form). 
 2.10 Assignment of Registration Rights. The rights to cause the
Company to register Registrable Securities pursuant to this Section 2 may be assigned (but only with all related obligations) by a Holder to a transferee or assignee of such securities that (a) is an Affiliate, subsidiary, parent,
partner, limited partner, retired partner, member or stockholder of a Holder or (b) after such assignment or transfer, holds at least 6,000,000 shares of Registrable Securities (appropriately adjusted for any stock split, dividend, combination
or other recapitalization), provided: (i) the Company is, within a reasonable time after such transfer, furnished with written notice of the name and address of such transferee or assignee and the securities with respect to which such
registration rights are being assigned; (ii) such transferee or assignee agrees in writing to be bound by and subject to the terms and conditions of this Agreement, including, without limitation, the provisions of Section 2.12 of this
Agreement; and (iii) such assignment shall be effective only if immediately following such transfer the further disposition of such securities by the transferee or assignee is restricted under the Securities Act. 

2.11 Limitations on Subsequent Registration Rights. From and after the date of this Agreement, the Company shall not,
without the prior written consent of the Holders holding at least seventy percent (70%) of the Registrable Securities then held by all Holders, enter into any agreement with any holder or prospective holder of any securities of the Company that
would allow such holder or prospective holder (a) to include any of such securities in any registration filed under Section 2.1, Section 2.2 or Section 2.3 of this Agreement, unless under the terms of such agreement, such holder
or prospective holder may include such securities in any such registration only to the extent that the inclusion of such securities will not reduce the amount of the Registrable Securities of the Holders that are included or (b) to demand
registration of their securities; provided that this limitation shall not apply to any additional Investor who becomes a party to this Agreement in accordance with Subsection 7.1. 

  
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 2.12 “Market
Stand-Off” Agreement. 
 2.12.1 Each Holder hereby agrees
that it will not, without the prior written consent of the Company and the managing underwriter, during the period commencing on the date of the final prospectus relating to the IPO and ending on the date specified by the Company and the managing
underwriter, such period not to exceed one hundred eighty (180) days (i) lend, offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to
purchase, or otherwise transfer or dispose of, directly or indirectly, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for Common Stock held immediately prior to the effectiveness of the Registration
Statement for such Offering, or (ii) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of the Common Stock, whether any such transaction described in clause
(i) or (ii) above is to be settled by delivery of Common Stock or other securities, in cash or otherwise. The foregoing provisions of this Section 2.12.1 (i) shall apply only to the IPO, (ii) shall not apply to (A) the sale of
any shares to an underwriter pursuant to an underwriting agreement, or (B) the transfer of any shares to any trust for the direct or indirect benefit of a Holder or any Immediate Family Member of such Holder, provided that the trustee of the
trust agrees to be bound in writing by the restrictions set forth herein, and provided, further, that any such transfer shall not involve a disposition for value, and (iii) shall only be applicable to the Holders if all officers, directors and
greater than one percent (1%) stockholders of the Company enter into similar agreements. Any discretionary waiver or termination of the restrictions of any or all of such agreements by the Company or the underwriters shall apply to all Holders
subject to such agreements pro rata based on the number of shares subject to such agreements, after giving effect to relative rights of priority in regards to “cut-backs” as set forth in this
Agreement. 
 2.12.2 The underwriters in connection with the IPO are intended third-party beneficiaries of this Section 2.12 and shall
have the right, power and authority to enforce the provisions hereof as though they were a party hereto. Each Holder further agrees to execute such agreements as may be reasonably requested by the underwriters in the IPO that are consistent with
this Section 2.12 or that are necessary to give further effect thereto. In order to enforce the foregoing covenant, the Company may impose stop-transfer instructions with respect to the Registrable Securities of each Holder (and the shares or
securities of every other Person subject to the foregoing restriction) until the end of such period. 
 2.13 Restrictions on
Transfer. 
 2.13.1 The Preferred Stock and the Registrable Securities shall not be sold, pledged or otherwise transferred in
violation of the Securities Act, and the Company shall not recognize and shall issue stop-transfer instructions to its transfer agent with respect to any such sale, pledge or transfer, except pursuant to the conditions specified in this Agreement. A
transferring Holder will cause any proposed purchaser, pledgee or transferee of the Preferred Stock and the Registrable Securities held by such Holder to agree to take and hold such securities subject to the provisions, and upon the conditions
specified in, this Agreement. 
 2.13.2 Each certificate, instrument or book entry representing (i) the Preferred Stock, (ii) the
Registrable Securities, and (iii) any other securities issued in respect of 

  
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the securities referenced in clauses (i) and (ii) upon any stock split, stock dividend, recapitalization, merger, consolidation or similar event, shall (unless otherwise permitted by the
provisions of Subsection 2.13.3) be notated with legends substantially in the following form: 
 “THE SECURITIES REPRESENTED HEREBY HAVE
BEEN ACQUIRED FOR INVESTMENT AND HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. SUCH SHARES MAY NOT BE SOLD, PLEDGED OR TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR A VALID EXEMPTION FROM THE REGISTRATION AND PROSPECTUS
DELIVERY REQUIREMENTS OF SAID ACT.” 
 “THE SECURITIES REPRESENTED HEREBY MAY BE TRANSFERRED ONLY IN ACCORDANCE WITH THE TERMS OF
AN INVESTORS’ RIGHTS AGREEMENT BETWEEN THE COMPANY AND THE STOCKHOLDER, A COPY OF WHICH IS ON FILE WITH THE SECRETARY OF THE COMPANY.” 

The Holders consent to the Company making a notation in its records and giving instructions to any transfer agent of the Restricted Securities
in order to implement the restrictions on transfer set forth in this Section 2.13. 
 2.13.3 The holder of such Restricted Securities,
by acceptance of ownership thereof, agrees to comply in all respects with the provisions of this Section 2.13. Before any proposed sale, pledge or transfer of any Restricted Securities, unless there is in effect a registration statement under
the Securities Act covering the proposed transaction, the Holder thereof shall give notice to the Company of such Holder’s intention to effect such sale, pledge or transfer. Each such notice shall describe the manner and circumstances of the
proposed sale, pledge or transfer in sufficient detail and, if reasonably requested by the Company, shall be accompanied at such Holder’s expense by either (i) a written opinion of legal counsel who shall, and whose legal opinion shall, be
reasonably satisfactory to the Company, addressed to the Company, to the effect that the proposed transaction may be effected without registration under the Securities Act; (ii) a “no action” letter from the SEC to the effect that the
proposed sale, pledge or transfer of such Restricted Securities without registration will not result in a recommendation by the staff of the SEC that action be taken with respect thereto; or (iii) any other evidence reasonably satisfactory to
counsel to the Company to the effect that the proposed sale, pledge or transfer of the Restricted Securities may be effected without registration under the Securities Act, whereupon the Holder of such Restricted Securities shall be entitled to sell,
pledge or transfer such Restricted Securities in accordance with the terms of the notice given by the Holder to the Company. The Company will not require such a legal opinion or “no action” letter (x) in any transaction
in compliance with SEC Rule 144; or (y) in any transaction in which such Holder distributes Restricted Securities to an Affiliate of such Holder for no consideration. Each certificate, instrument or book entry representing the Restricted
Securities transferred as above provided shall be notated with, except if such transfer is made pursuant to SEC Rule 144, the appropriate restrictive legend set forth in Subsection 2.13.2, except that such certificate, instrument or book entry shall
not be notated with such restrictive legend if, in the opinion of counsel for such Holder and the Company, such legend is not required in order to establish compliance with any provisions of the Securities Act. 

  
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 2.14 Termination of Registration Rights. No Holder shall be entitled to
exercise any right provided for in this Section 2: (a) after five (5) years following the consummation of the IPO or Direct Listing (whichever occurs first), (b) as to any Holder, such earlier time after the IPO or Direct Listing
(whichever occurs first) at which such Holder (i) can sell all shares held by it in compliance with Rule 144(b)(1)(i) or (ii) holds one percent (1%) or less of the Company’s outstanding Common Stock and all Registrable Securities held
by such Holder (together with any Affiliate of the Holder with whom such Holder must aggregate its sales under Rule 144) can be sold in any three (3) month period without registration in compliance with Rule 144 or (c) after the
consummation of a Deemed Liquidation Event, as that term is defined in the Restated Certificate. 
 3. INFORMATION
RIGHTS. 
 3.1 Delivery of Financial Statements. 

3.1.1 Information to be Delivered. The Company shall deliver the following to each Major Investor, provided that the
Board has not reasonably determined that such Major Investor is a Competitor of the Company: 
 (a) As soon as practicable, but in any
event within one hundred twenty (120) days after the end of each fiscal year of the Company, the Company shall deliver, (i) a balance sheet as of the end of such year, (ii) statements of income and of cash flows for such year, and
(iii) a statement of stockholders’ equity as of the end of such year, all of which shall be prepared in accordance with GAAP and audited and certified by independent public accountants of nationally recognized standing selected by the
Company and approved by the Board. 
 (b) As soon as practicable, but in any event within thirty (30) days after the end of each of
the first three (3) quarters of each fiscal year of the Company, the Company shall deliver unaudited statements of income and of cash flows for such fiscal quarter, and an unaudited balance sheet as of the end of such fiscal quarter, all
prepared in accordance with GAAP (except that such financial statements may (i) be subject to normal year-end audit adjustments and (ii) not contain all notes thereto that may be required in
accordance with GAAP). 
 (c) As soon as practicable, but in any event within thirty (30) days after the end of each quarter of each
fiscal year of the Company, the Company’s capitalization table, which shall include the number of shares of each class and series of capital stock and securities convertible into or exercisable for shares of capital stock outstanding at the end
of such period, the Common Stock issuable upon conversion or exercise of any outstanding securities convertible or exercisable for Common Stock and the exchange ratio or exercise price applicable thereto, and the number of shares of issued stock
options and stock options not yet issued but reserved for issuance, if any, all in sufficient detail as to permit the Major Investors to calculate their respective percentage equity ownership in the Company. 

(d) As soon as practicable, but in any event within thirty (30) days after the end of each month, the Company shall deliver an unaudited
income statement and statement of cash flows for such month, and an unaudited balance sheet as of the end of such month, all prepared in accordance with GAAP (except that such financial statements may (i) be subject to normal year-end audit adjustments, and (ii) not contain all notes thereto that may be required in accordance with GAAP), and a comparison between (x) the actual amounts as of and for such fiscal year, and
(y) the comparable amounts as included in the Budget (as defined below). 

  
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 (e) As soon as practicable, but in any event thirty (30) days before the end of each
fiscal year the Company shall deliver, a budget and business plan for the next fiscal year, approved by the Board and prepared on a monthly basis, including balance sheets, income statements, and statements of cash flow for such months (the
“Budget”) and, promptly after prepared, any revised Budgets prepared by the Company. 
 (f) The Company shall also
deliver to each affected Investor such information as is reasonably necessary for such Investor to comply with the monitoring and reporting requirements of the European Bank for Reconstruction and Development, the International Finance Corporation
and the European Investment Fund, provided that each of such entities shall maintain the confidentiality of such information except as otherwise required by law or other mandate (provided that the Company is given commercially reasonable notice and
an opportunity to resist or restrict any disclosure so required). 
 (g) The Company shall also deliver to each Major Investor such other
information relating to the financial condition, business or corporate affairs of the Company as the Investor may from time to time reasonably request; provided, however, that the Company shall not be obligated under this subsection (g) or any
other subsection of Section 3.1 to provide information that (i) it reasonably and in good faith considers to be confidential information (unless covered by an enforceable confidentiality agreement, in form reasonably acceptable to the
Company) or a trade secret, or (ii) the disclosure of which would adversely affect the attorney-client privilege between the Company and its counsel. 

3.1.2 Consolidation. If, for any period, the Company has any subsidiary whose accounts are consolidated with those of the Company,
then in respect of such period the financial statements delivered pursuant to Section 3.1 shall be the consolidated and consolidating financial statements of the Company and all such consolidated subsidiaries. 

3.1.3 Suspension or Termination. Notwithstanding anything else in this Section 3.1 to the contrary but subject to
Section 7.1, the Company may cease providing the information set forth in this Section 3.1 during the period starting with the date sixty (60) days before the Company’s good-faith estimate of the date of filing of a registration
statement if it reasonably concludes it must do so to comply with the SEC rules applicable to such registration statement and related offering or Direct Listing; provided that the Company’s covenants under this Section 3.1
shall be reinstated at such time as the Company is no longer actively employing its reasonable efforts to cause such registration statement to become effective. 

3.2 Inspection. The Company shall permit each Major Investor (provided that the Board has not reasonably determined that
such Major Investor is a Competitor of the Company), at such Investor’s expense, and on such Investor’s written request, to visit and inspect the Company’s properties; examine its books of account and records; and discuss the
Company’s affairs, finances, and accounts with its officers, during normal business hours of the Company as may be reasonably requested by the Major Investor; provided, however, that the Company shall

  
 20 

 
not be obligated pursuant to this Section 3.2 to provide access to any information that it reasonably and in good faith considers to be confidential information (unless covered by an
enforceable confidentiality agreement, in form reasonably acceptable to the Company), a trade secret or the disclosure of which would adversely affect the attorney-client privilege between the Company and its counsel. 

3.3 Confidentiality. Each Investor agrees that such Investor will keep confidential and will not disclose, divulge, or
use for any purpose (other than to monitor its investment in the Company) any confidential information obtained from the Company pursuant to the terms of this Agreement unless such confidential information (a) is known or becomes known to the
public in general (other than as a result of a breach of this Section 3.3 by such Investor), (b) is or has been independently developed or conceived by the Investor without use of the Company’s confidential information (as evidenced by
contemporaneous written materials), or (c) is or has been made known or disclosed to the Investor by a third party without a breach of any obligation of confidentiality such third party may have to the Company; provided, however, that an
Investor may disclose confidential information (i) to its attorneys, accountants, consultants, and other professionals to the extent necessary to obtain their services in connection with monitoring its investment in the Company, (ii) to
any existing Affiliate, partner, member, stockholder, or wholly owned subsidiary of such Investor in the ordinary course of business, including as may be reasonably required for the monitoring of the investment in the Company, but only if such
Investor informs such Person that such information is confidential and directs such Person to maintain the confidentiality of such information or (iii) to any prospective purchaser of any Registrable Securities from such Investor, if such
prospective purchaser agrees to be bound by the provisions of this Section 3.3 and provided that such prospective purchaser is not a Competitor of the Company, as reasonably determined by the Board (each Person contemplated by clause (i), (ii)
and (iii), a “Permitted Disclosee”). Furthermore, nothing contained herein shall prevent any Investor or any Permitted Disclosee from (x) entering into any business, entering into any agreement with a third party, or
investing in or engaging in investment discussions with any other company (whether or not a Competitor), provided that such Investor or Permitted Disclosee does not, except as permitted in accordance with this Section 3.3, disclose or otherwise
make use of any proprietary or confidential information of the Company in connection with such activities, or (y) making any disclosures required by law, rule, regulation or court or other governmental order. 

4. RIGHTS TO FUTURE STOCK ISSUANCES. Subject to the terms and conditions of this Section 4 and applicable securities
laws, if the Company proposes to sell any New Securities, the Company shall offer to sell a portion of New Securities to each Major Investor as described in this Section 4. A Major Investor shall be entitled to apportion the right of first
refusal hereby granted to it among itself and its Affiliates in such proportions as it deems appropriate, provided that each such Affiliate (a) is not a Competitor, unless such party’s purchase of New Securities is otherwise consented to
by the Board and (b) agrees to enter into this Agreement and each of the Voting Agreement and Right of First Refusal and Co-Sale Agreement. The right of first refusal in this Section 4 shall not be
applicable with respect to any Investor, if at the time of such subsequent securities issuance, the Investor is not an “accredited investor,” as that term is then defined in Rule 501(a) under the Securities Act. 

4.1 Company Notice. The Company shall give notice (the “Offer Notice”) to each Major Investor,
stating (a) its bona fide intention to sell such New Securities, (b) the number of such New Securities to be sold, and (c) the price and terms, if any, upon which it proposes to sell such New Securities. 

  
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 4.2 Investor Right. By written notice (the “Investor
Notice”) to the Company within twenty (20) days after the Offer Notice is given, each Major Investor may elect to purchase or otherwise acquire, at the price and on the terms specified in the Offer Notice, up to that portion of
such New Securities that equals the proportion that the number of shares of Common Stock issued and held by such Major Investor (assuming full conversion, exercise and/or exchange of all convertible, exercisable and/or exchangeable securities then
outstanding) bears to the total number of shares of Common Stock then outstanding (assuming full conversion, exercise and/or exchange of all convertible, exercisable and/or exchangeable securities then outstanding). At the expiration of such twenty
(20) day period, the Company shall promptly, in writing, notify each Major Investor that elects to purchase all the New Securities available to it (a “Exercising Investor”) of any other Major Investor’s failure to
do likewise. During the ten (10) calendar day period commencing after the Company has given such notice to the Exercising Investors, each Exercising Investor may elect to purchase that portion of the New Securities for which Major Investors
were entitled to subscribe, but which were not subscribed for by the Major Investors, that is equal to the proportion that the number of shares of Registrable Securities issued and held by such Exercising Investor bears to the total number of shares
of Common Stock issued and held, or issuable upon conversion of the Preferred Stock then held, by all Exercising Investors who wish to purchase some of the unsubscribed shares. A Major Investor’s election may be conditioned on the consummation
of the transaction described in the Offer Notice. The closing of any sale pursuant to this Section 4.2 shall occur on the earlier of one hundred and twenty (120) days after the date that the Offer Notice is given and the date of initial
sale of New Securities pursuant to Section 4.3. 
 4.3 Sale of Securities. The Company may, during the ninety
(90) day period following the expiration of the periods provided in Section 4.2, offer and sell the remaining unsubscribed portion of such New Securities to any Person or Persons at a price not less than, and upon other terms not
materially more favorable to the offeree than, those specified in the Offer Notice. If the Company does not enter into an agreement for the sale of the New Securities within such period, or if such agreement is not consummated within thirty
(30) days of the execution thereof, the right provided hereunder shall be deemed to be revived and such New Securities shall not be offered unless first reoffered to the Investors in accordance with this Section 4. 

4.4 Transfer of Rights. The rights provided in this Section 4 may not be assigned or transferred by any Major
Investor, unless such transfer is in connection with the sale of a sufficient number of such Major Investor’s Registrable Securities as would be required for the transferee to qualify as a Major Investor hereunder; provided, however, that a
Major Investor that is a venture capital fund may assign or transfer such rights to its Affiliates. 
 4.5 Limitation of
Rights. The rights provided in this Section 4 shall not be applicable to (i) the issuance of any shares of Common Stock that are exempted from the definition of “Additional Stock” as set forth in Article IV
B, Section 4.2.2(c) of the Restated Certificate, (ii) shares of Common Stock issued in the IPO, (iii) notwithstanding anything to the contrary herein, the issuance and sale of shares of Series F Preferred Stock pursuant to the
Purchase Agreement and (iv) subject to the foregoing clause (iii), the issuance of securities that are issued with unanimous approval of the Board and that are specifically deemed not to be subject to the right of

  
 22 

 
first offer in this Section 4 by the written consent or affirmative vote of the Major Investors holding greater than seventy percent (70%) of the Registrable Securities then held by all
Major Investors (a “Pro Rata Waiver”); provided, however, in the event that after a Pro Rata Waiver one or more of the Waiving Major Investors subscribes to shares offered in such sale of New Securities that is the subject
matter of such Pro Rata Waiver, the rights of each Major Investor under this Section 4 shall be reinstated in regards to such issuance of New Securities in the proportion equal to (a) the Maximum Pro Rata Percentage multiplied by
(b) the number of shares that such Major Investor would have been entitled to purchase under this Section 4 without such Pro Rata Waiver. Notwithstanding the foregoing, the rights provided in this Section 4 shall not be waived with
respect to DIGITAL EAST FUND 2013 SCA SICAR (“Earlybird”) without the prior written consent of Earlybird, for so long as Earlybird holds shares of Series A-2 Preferred Stock. In
addition to the foregoing, the rights provided in this Section 4 (other than Section 4.4) shall not be applicable with respect to any Major Investor in any offering of New Securities to the extent that the issuance of such securities to
such Major Investor constitutes, (i) in the reasonable judgment of either such Major Investor or of the Company, an investment triggering a mandatory submission under 31 C.F.R. § 800.401 or, (ii) in the reasonable judgment of such
Major Investor, any other investment that is a “covered control transaction” or “covered investment” pursuant to the DPA (either (i) or (ii) a “Potential CFIUS Transaction”), unless either
(A) such Major Investor agrees to pay any filing fees applicable to any CFIUS Filing that directly results from the Potential CFIUS Transaction or (B) the Board waives such requirement set forth in clause (A). 

4.6 Termination of Covenant. The covenants set forth in this Section 4 shall terminate and be of no further force or
effect upon the consummation of (i) an IPO, (ii) a Direct Listing or (iii) a Deemed Liquidation Event. 
 5.
ADDITIONAL COVENANTS. 
 5.1 Board Matters. The Board shall attempt to meet at least quarterly in
accordance with a schedule to be agreed-upon amongst the directors. The Company shall reimburse the nonemployee directors and Observers (as defined in the Voting Agreement) for all reasonable and documented out-of-pocket travel expenses incurred (consistent with the Company’s travel policy) in connection with attending meetings of the Board and other activities that the Company requires or requests, in
writing, the nonemployee directors and/or Observers to attend. 
 5.2 Preferred Director Matters. 

5.2.1 Preferred Director Approval Matters. The Company hereby covenants and agrees with each of the Investors that it shall not, and
shall take any and all actions to ensure that any direct or indirect subsidiary of the Company shall not, without approval of the Board (with each director having one (1) vote in such vote of the Board), which approval (other than in regards to
Section 5.2.1(a)) must include the affirmative vote of the Accel London Director (as defined in the Voting Agreement) so long as the Accel London Director has been elected and is then serving: 

(a) approve the Budget; 

  
 23 

 (b) incur or guarantee, or permit any subsidiary to incur or guarantee, directly or
indirectly, the indebtedness of any Person, if the aggregate amount of such indebtedness of the Company on a consolidated basis following such action shall exceed $10,000,000; provided, however, that this clause (b) shall not apply to
indebtedness (i) in respect of borrowed money pursuant to intercompany indebtedness or (ii) pursuant to customary borrowing arrangements (with customary terms and conditions) with institutional commercial bank lenders secured solely by the
Company’s accounts receivable, in each case as otherwise approved by the Board; 
 (c) create, or hold capital stock in, any
subsidiary that is not wholly owned (either directly or through one or more other subsidiaries) by the Company, or sell, transfer or otherwise dispose of any capital stock of any direct or indirect subsidiary of the Company; 

(d) otherwise enter into or be a party to any transaction with any director, officer, or employee of the Company or any subsidiary or any
“associate” (as defined in Rule 12b-2 promulgated under the Exchange Act) of any such Person holding at least five percent (5%) of the then outstanding Common Stock (assuming full
conversion and exercise of all convertible and exercisable securities); provided, however, that this clause (d) shall not apply to offer letters and other compensation arrangements, including but not limited to granting options to purchase
shares of Common Stock; 
 (e) own, or permit any subsidiary to own, any stock or other securities of, any subsidiary or other corporation,
partnership, or other entity unless such subsidiary, other corporation, partnership or other entity is wholly owned by the Company; 
 (f)
make, or permit any subsidiary to make, any loan or advance to any Person, including, without limitation, any employee or director of the Company or any subsidiary, except for (i) borrowed money pursuant to intercompany indebtedness and
(ii) salary advances, reimbursement of travel expenses and similar expenditures in the ordinary course of business; 
 (g) sell,
assign, license, pledge or encumber material technology or intellectual property, other than licenses granted in the ordinary course of business; 

(h) liquidate, dissolve or wind-up the business and affairs of the Company, consummate a Deemed
Liquidation Event or effect any other merger or consolidation of the Company or any subsidiary thereof, consummate an IPO or Direct Listing, or consent to any of the foregoing; or 

(i) permit any direct or indirect subsidiary of the Company to do any of the foregoing. 

5.2.2 Representation on Boards and Committees. Each Accel Director shall at all times be entitled, at such director’s sole
discretion, to serve on each committee of the Board as a fully voting member thereof (either currently existing or hereafter created). Upon the request of either of Accel London V, L.P. (together with its affiliates, “Accel
London”) or Accel Growth Fund IV L.P. (together with its affiliates, “Accel US”), the board of directors or board of 

  
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managers, as applicable, of any Subsidiary (as defined in the Purchase Agreement) (either currently existing or hereafter created) shall include as a member thereof a designee of such Persons
(each a “Subsidiary Board Designee”) (which Subsidiary Board Designee may be, but is not required to be, the Accel London Director or Accel US Director, as applicable), which Subsidiary Board Designee shall be a full voting
member of such board entitled to all of the powers and rights of each other member of such board. In addition, the Subsidiary Board Designee of any Subsidiary shall be entitled to serve on each committee of the board of such Subsidiary as a fully
voting member thereof (either currently existing or hereafter created). In the event that a Subsidiary Board Designee is not affiliated with Accel US or Accel London, as applicable, such designee shall be subject to the approval of the Board. 

5.3 Insurance. The Company shall use commercially reasonable efforts to maintain its Directors and Officers liability
insurance policy until such time as the Board (including the approval of the Accel London Director) determines that such insurance should be discontinued. The Company shall also maintain fire and casualty insurance policies with extended coverage,
sufficient in amount (subject to reasonable deductibles) to allow it to replace any of its material properties that might be damaged or destroyed. 

5.4 Employee Matters. Unless approved by the Board or the Compensation Committee of the Board (including, in each case,
the approval of the Accel London Director), all future employees of the Company (or any subsidiary thereof) who shall purchase, or receive options to purchase, shares of Common Stock following the date hereof shall be required to execute stock
purchase or option agreements providing for (a) vesting of shares over a four (4) year period with the first twenty five percent (25%) of such shares vesting following twelve (12) months of continued employment or services, and the
remaining shares vesting in equal monthly installments over the following thirty six (36) months thereafter and (b) a one hundred and eighty (180)-day lockup period in connection with the IPO. The
Company shall retain a right of first refusal on transfers until the IPO or Direct Listing and the right to repurchase unvested shares at cost. 

5.5 Proprietary Information and Inventions Agreements. The Company will cause each person now or hereafter employed or
engaged by it or by any subsidiary (or engaged by the Company or any subsidiary as a consultant/independent contractor) to enter into a customary nondisclosure and proprietary rights assignment agreement. 

5.6 Use of Proceeds. The Company shall use the proceeds from the sale of the Series F Preferred Stock issued pursuant to
the Purchase Agreement (the “Proceeds”) as set forth in the Purchase Agreement. 
 5.7 Equity Award
Grants. The Company will not increase the number of shares of Common Stock subject to the Company’s 2015 Stock Plan (the “2015 Stock Plan”) or the Company’s 2018 Stock Plan (the “2018 Stock
Plan,” and with the 2015 Stock plan, the “Stock Plan”) unless such increase is approved by the Board (including the approval of the Accel London Director). All stock options, restricted stock and other grants
pursuant to the Stock Plan issued after the date of this Agreement to employees, directors, consultants and other service providers shall require approval of the Board or its Compensation Committee. 

  
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 5.8 Indemnification Matters. The Company hereby acknowledges that one
(1) or more of the directors nominated to serve on the Board by the Investors (each a “Fund Director”) may have certain rights to indemnification, advancement of expenses and/or insurance provided by one or more of the
Investors and certain of their affiliates (collectively, the “Fund Indemnitors”). The Company hereby agrees (a) that it is the indemnitor of first resort (i.e., its obligations to any such Fund Director are primary and
any obligation of the Fund Indemnitors to advance expenses or to provide indemnification for the same expenses or liabilities incurred by such Fund Director are secondary), (b) that it shall be required to advance the full amount of expenses
incurred by such Fund Director and shall be liable for the full amount of all expenses, judgments, penalties, fines and amounts paid in settlement by or on behalf of any such Fund Director to the extent legally permitted and as required by the
Restated Certificate or Bylaws of the Company (or any agreement between the Company and such Fund Director), without regard to any rights such Fund Director may have against the Fund Indemnitors, and, (c) that it irrevocably waives,
relinquishes and releases the Fund Indemnitors from any and all claims against the Fund Indemnitors for contribution, subrogation or any other recovery of any kind in respect thereof. The Company further agrees that no advancement or payment by the
Fund Indemnitors on behalf of any such Fund Director with respect to any claim for which such Fund Director has sought indemnification from the Company shall affect the foregoing and the Fund Indemnitors shall have a right of contribution and/or be
subrogated to the extent of such advancement or payment to all of the rights of recovery of such Fund Director against the Company. 

5.9 Corporate Governance. The Company and the Investors agree to use good faith efforts to maintain good corporate
governance policies and procedures for the Company reasonably agreeable to both the Company and the Investors. 
 5.10
Monetization Rights. In the event that the Company has not consummated an IPO, Direct Listing, or a Deemed Liquidation Event on or prior to April 24, 2024, each of Accel London (or its assigns) and Accel US (or its assigns) (an
“Electing Investor”) shall thereafter be entitled to deliver in writing to the Company an election notice (the “Election Notice”) requiring that the Company use its commercially reasonable efforts to
consummate a sale of all of the outstanding securities then held by the Electing Investor, on terms and conditions and to bona fide third party purchasers as approved by the Electing Investor and in accordance with this Agreement. Without limiting
the foregoing, the Company covenants and agrees that following receipt of an Election Notice it shall cause its executive officers (and the officers of any subsidiary, if requested by the Electing Investors) to reasonably assist with such sale of
the Electing Investor’s securities and to take all such action as may be reasonably necessary or appropriate in connection therewith, including, without limitation, preparing and delivering any and all such documentation and other materials
that may be reasonably requested from the Electing Investor or a potential purchaser and making themselves available to meet in person, by teleconference or otherwise, with any such potential purchasers of the Electing Investors’ securities who
have entered into an enforceable confidentiality agreement, in a form reasonably acceptable to the Company. Without first obtaining the written approval of Accel London, neither the Company nor any other party hereto shall take or fail to take any
action to avoid or seek to avoid the observance or performance of any of the terms of this Section 5.10. 
 5.11 Non-Publicity. Neither the Company, its subsidiaries nor any of their respective representatives shall (a) use the name of Accel US, Accel London, Alkeon, Sequoia

  
 26 

 
Capital U.S. Growth Fund VII, L.P., Sequoia Capital U.S. Growth VII Principals Fund, L.P., Sequoia Capital U.S. Growth Fund VIII, L.P. (collectively “Sequoia”), Uniform DF
Holdings, LP (“Dragoneer”), Coatue, Alphabet Holdings LLC or CapitalG LP (collectively, “CapitalG”) or Tencent or the name of any of their affiliates (including, without limitation, Sequoia Capital
Operations, LLC, Sequoia, CapitalG II LP, or Google LLC or Tencent Holdings Limited, respectively) in any manner or format (including reference on or links to websites, press releases, etc.) without the prior approval of Accel US, Accel London,
Alkeon, Sequoia, Dragoneer, Coatue, CapitalG or Tencent, as applicable, or (b) issue any statement or communication to any third party (other than to their legal, accounting and financial advisors) regarding such Investor’s investment in
the Company without the consent of Accel US, Accel London, Alkeon, Sequoia, Dragoneer, Coatue, CapitalG or Tencent, as applicable. Notwithstanding the foregoing, (A) if such Investor’s investment in the Company has been publicly disclosed
by or with the prior consent of such Investor, then the Company may from then confirm and/or disclose in public and non-public communications that such Investor has invested in the Company, without disclosing
the terms or amount of such investment; and (B) the Company may disclose the terms and/or amount of such Investor’s investment (i) to a bona fide potential investor in or acquirer of the Company in connection with such potential
investor’s or acquirer’s due diligence process or (ii) as required by law, rule, regulation or listing standard to do so; in which case the Company (x) shall promptly notify such Investor of such requirement and will cooperate
with such Investor to the extent practicable to limit the information disclosed to only such information that such Investor, as advised by counsel, is required by law to be disclosed and (y) will, to the extent practicable and at the request
and expense of such Investor, seek to obtain a protective order over, or confidential treatment of, such information. 
 5.12
Right to Conduct Activities. The Company hereby agrees and acknowledges that Coatue, Dragoneer, Sequoia, CapitalG, Accel Leaders Fund L.P., Accel Leaders Fund Investors 2016 L.L.C., Accel US, Accel London, Seedcamp, the T. Rowe
Investors, Base Growth I, LLC, Sands Capital, Madrona Venture Fund VII, LP, Madrona Venture Fund VII-A, LP, Institutional Venture Partners XVI, L.P., Alkeon, Tencent, Tiger Global Investments, L.P., Tiger
Global Long Opportunities Master Fund, L.P., Tiger Global PIP 11 Holdings, L.P., and Tiger Global Private Investment Partners XI, L.P. (the foregoing Investors, together with their Affiliates, the “Fund Investors”), are
professional investment organizations, and as such reviews the business plans and related proprietary information of many enterprises, some of which may compete directly or indirectly with the Company’s business (as currently conducted or as
currently proposed to be conducted). The Company hereby agrees that, to the extent permitted under applicable law, the Fund Investors shall not be liable to the Company for any claim arising out of, or based upon, (i) the investment by the Fund
Investors in any entity competitive with the Company, or (ii) actions taken by any partner, officer, employee or other representative of Fund Investors to assist any such competitive company, whether or not such action was taken as a member of
the board of directors of such competitive company or otherwise, and whether or not such action has a detrimental effect on the Company; provided, however, that the foregoing shall not relieve (x) any of the Fund Investors from liability
associated with the unauthorized use or disclosure of the Company’s confidential information obtained pursuant to this Agreement, or (y) any director or officer of the Company from any liability associated with his or her fiduciary duties
to the Company. 
 5.13 FCPA. The Company represents that it shall not, and shall not permit any of its Subsidiaries or
Affiliates or any of its or their respective directors, officers, managers, 

  
 27 

 
employees, independent contractors, representatives or agents to, promise, authorize or make any payment to, or otherwise contribute any item of value, directly or indirectly, to any third party,
including any Non-U.S. Official, in each case, in violation of the Foreign Corrupt Practices Act of 1977 (“FCPA”), the U.K. Bribery Act, or any other applicable anti-bribery or
anti-corruption law. The Company further represents that it shall, and shall cause each of its Subsidiaries and Affiliates to, cease all of its or their respective activities, as well as remediate any actions taken by the Company, its Subsidiaries
or Affiliates, or any of their respective directors, officers, managers, employees, independent contractors, representatives or agents in violation of the FCPA, the U.K. Bribery Act, or any other applicable anti-bribery or anti-corruption law. The
Company further represents that it shall, and shall cause each of its Subsidiaries and Affiliates to, maintain systems of internal controls (including, but not limited to, accounting systems, purchasing systems and billing systems) to ensure
compliance with the FCPA, the U.K. Bribery Act, or any other applicable anti-bribery or anti-corruption law. Upon request at no more than reasonable frequency, the Company agrees to use commercially reasonable efforts to provide to such requesting
Investor responsive summary information concerning its compliance with applicable anti-corruption laws. 
 6.
TERMINATION. 
 6.1 Generally. The covenants set forth in Section 5 (excluding Sections 5.8 and
5.11) shall terminate and be of no further force or effect immediately before the consummation of an IPO, Direct Listing, or Deemed Liquidation Event. In addition, the covenants set forth in Section 3.1 and Section 3.2 shall terminate and
be of no further force or effect immediately before the consummation of (i) an IPO, Direct Listing, or Deemed Liquidation Event or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or
15(d) of the Exchange Act. 
 7. GENERAL PROVISIONS. 

7.1 Successors and Assigns. Except as otherwise set forth in Section 2.10 and Section 4.4, the rights under
this Agreement with respect to Registrable Securities may be assigned (but only with all related obligations) by a Holder to a transferee of Registrable Securities that (a) is a partner, member, limited partner, retired or former partner,
retired or former member, or stockholder of a Holder; (b) is a Holder’s Immediate Family Member or trust for the benefit of an individual Holder or one or more of such Holder’s Immediate Family Members; or (c) after such
transfer, holds at least ten percent (10%) of the shares of Registrable Securities then outstanding (or if the transferring Holder owns less than ten percent (10%) of the Registrable Securities then outstanding, then all Registrable Securities held
by the transferring Holder); provided, however, that (i) the Company is, within a reasonable time after such transfer, furnished with written notice of the name and address of such transferee and the Registrable
Securities with respect to which such rights are being transferred; and (ii) such transferee agrees in a written instrument delivered to the Company to be bound by and subject to the terms and conditions of this Agreement, including the
provisions of Section 4.2 and the restrictions set forth in Section 2.12. For the purposes of determining the number of shares of Registrable Securities held by a transferee, the holdings of a transferee (A) that is a partner, member,
limited partner, retired or former partner, retired or former member, or stockholder of a Holder; (B) who is a Holder’s Immediate Family Member; or (C) that is a trust for the benefit of an individual Holder or such Holder’s
Immediate Family Member shall be aggregated together and with those of the transferring Holder. The terms 

  
 28 

 
and conditions of this Agreement inure to the benefit of and are binding upon the respective successors and permitted assignees of the parties. Nothing in this Agreement, express or implied, is
intended to confer upon any party other than the parties hereto or their respective successors and permitted assignees any rights, remedies, obligations or liabilities under or by reason of this Agreement, except as expressly provided herein. 

7.2 Governing Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State of
Delaware, regardless of the laws that might otherwise govern under applicable principles of conflicts of laws. 
 7.3
Counterparts; Facsimile. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. This Agreement may also be executed
and delivered by facsimile signature and in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 

7.4 Titles and Subtitles. The titles and subtitles used in this Agreement are for convenience only and are not to be
considered in construing or interpreting this Agreement. 
 7.5 Notices. All notices, requests, and other
communications given, made or delivered pursuant to this Agreement shall be in writing and shall be deemed effectively given, made or delivered upon the earlier of actual receipt or: (a) personal delivery to the party to be notified;
(b) when sent, if sent by facsimile during the recipient’s normal business hours, and if not sent during normal business hours, then on the recipient’s next business day; (c) five (5) days after having been sent by registered or
certified mail, return receipt requested, postage prepaid; or (d) one (1) business day after the business day of deposit with a nationally recognized overnight courier, freight prepaid, specifying
next-day delivery, with written verification of receipt. All communications shall be sent to the respective parties at their addresses as set forth on Schedule A hereto, or to the principal office of the
Company and to the attention of the Chief Executive Officer, in the case of the Company, or to such address or facsimile number as subsequently modified by written notice given in accordance with this Section 7.5. If notice is given to the
Company, it shall be sent to 90 Park Ave, 20th Floor, New York, NY 10016, USA, marked “Attention: Chief Executive Officer” or at the then current address of the Company’s United States headquarters as indicated on its
website; and a copy (which shall not constitute notice) shall also be sent to Cooley LLP, 55 Hudson Yards, New York, NY 10001, Attention: Nicole Brookshire, Esq., nbrookshire@cooley.com, Sacha Ross, Esq., sross@cooley.com. If notice is given
to Accel US, CapitalG or Sequoia, a copy shall also be sent to Morgan Lewis & Bockius LLP, 300 South Grand Ave., 22nd Floor, Los Angeles, CA 90071, Attn: Christopher Rose, chris.rose@morganlewis.com. If notice is given to Coatue, a copy
shall also be sent to Orrick, Herrington & Sutcliffe LLP, 405 Howard St, San Francisco, CA 94105, Attn: John Bautista, jbautista@orrick.com. If notice is given to Dragoneer, a copy should also be sent to Latham & Watkins LLP, 140
Scott Drive, Menlo Park, CA 94025, Attn: Todd Carpenter, todd.carpenter@lw.com. If notice is given to Alkeon, a copy should also be sent to Goodwin Procter LLP, 3 Embarcadero Center, Suite 2800, San Francisco, CA 94111, Attn: John Casnocha,
jcasnocha@goodwinlaw.com. If notice is given to Tencent, a copy should also be sent to Davis Polk & Wardwell LLP, 1600 El Camino Real, Menlo Park, CA 94025, Attn: Stephen Salmon, stephen.salmon@davispolk.com. If no facsimile number is
listed on Schedule A for a party (or above in the case of the Company), notices and communications given or made by facsimile shall not be deemed effectively given to such party. 

  
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 7.6 Amendments and Waivers. This Agreement may only be amended or
terminated and the observance of any term hereof may be waived (either generally or in a particular instance, and either retroactively or prospectively) only by a written instrument executed by the Company and the Investors holding at least seventy
percent (70%) of the Registrable Securities then outstanding; provided, that any provision hereof may be waived by any waiving party on such party’s own behalf, without the consent of any other party; and provided further that any amendment,
termination or waiver that would materially and adversely affect the express rights set forth herein or increase the express obligations set forth herein of any Holder (the “Adversely Affected Holders”) in a different manner
than its effect on the express rights or obligations set forth herein of the other Holders shall also require the consent of the holders of a majority of the shares of Preferred Stock held by all such Adversely Affected Holders (voting together as a
single class, on an as-converted basis) for such amendment, termination or waiver to be valid as to such Adversely Affected Holders. In addition, the provisions of Section 5.2, 5.3, 5.4 and 5.7 may be
amended or waived (either generally or in a particular instance and either retroactively or prospectively) only with the written consent of the Company and Accel London. In addition, for so long as Earlybird holds shares of Series A-2 Preferred Stock, any amendment or waiver (either generally or in a particular instance and either retroactively or prospectively) (a) of the penultimate sentence of Section 4.5 or (b) that
adversely affects the rights of Earlybird set forth in Section 3.1 or Section 3.2, shall require the additional written consent of Earlybird. In addition, Section 5.11 of this Agreement shall not be amended or waived without the
written consent of Alkeon, Coatue, Dragoneer, CapitalG, Sequoia or Tencent, as applicable, if such amendment or waiver would adversely affect the applicable Investor’s rights or obligations under such section. In addition, Section 5.8 of
this Agreement shall not be amended or waived without the written consent of a Fund Indemnitor, as applicable, if such amendment or waiver would adversely affect such Fund Indemnitor’s rights or obligations under such section. In addition,
Section 5.12 of this Agreement shall not be amended or waived without the written consent of a Fund Investor, as applicable, if such amendment or wavier would adversely affect such Fund Investor’s rights or obligations under such section.
In addition, subpart (i) of the definition of “Major Investor” may not be amended without the prior written consent of either or both of Coatue or Dragoneer, as applicable, in such a manner that would cause such Investor to no longer
be a “Major Investor”; provided, that such respective Investor then holds at the time of such amendment at least 3,811,779 Registrable Securities (as adjusted for any stock split, stock dividend, combination, or other recapitalization or
reclassification), and subpart (ii) of the definition of “Major Investor” may not be amended without the prior written consent of the holders of at least a majority of the shares of Series E Preferred Stock. Any amendment,
termination, or waiver effected in accordance with this Section 7.6 shall be binding on each party hereto and all of such party’s successors and permitted assigns, regardless of whether or not any such party, successor or assignee entered
into or approved such amendment, termination, or waiver. The Company shall give prompt written notice of any amendment, termination or waiver hereof to any party hereto that did not consent in writing to such amendment, termination or waiver;
provided, that the failure to provide such notice shall not limit or affect the enforceability of such amendment, termination or waiver. No waivers of or exceptions to any term, condition, or provision of this Agreement, in any one or more
instances, shall be deemed to be or construed as a further or continuing waiver of any such term, condition, or provision. Notwithstanding the foregoing, Schedule A hereto may be amended by the Company from time to time in accordance with Subsection
1.3 of the Purchase Agreement to add information regarding additional Purchasers (as defined in the Purchase Agreement) without the consent of the other parties hereto. 

  
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 7.7 Severability. In case any one or more of the provisions contained
in this Agreement is for any reason held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provision of this Agreement, and such invalid, illegal, or unenforceable
provision shall be reformed and construed so that it will be valid, legal, and enforceable to the maximum extent permitted by law. 

7.8 Aggregation of Stock. All shares of Registrable Securities held or acquired by Affiliates shall be aggregated
together for the purpose of determining the availability of any rights under this Agreement and such affiliated persons may apportion such rights as among themselves in any manner they deem appropriate. 

7.9 Additional Investors. Notwithstanding anything to the contrary contained herein, if the Company issues additional
shares of the Company’s Series F Preferred Stock after the date hereof, any purchaser of such shares of Series F Preferred Stock may become a party to this Agreement by executing and delivering an additional counterpart signature page to this
Agreement, and thereafter shall be deemed an “Investor” for all purposes hereunder. No action or consent by the Investors shall be required for such joinder to this Agreement by such additional Investor, so long as such additional Investor
has agreed in writing to be bound by all of the obligations as an “Investor” hereunder. 
 7.10 Entire
Agreement. This Agreement (including any Schedules and Exhibits hereto) constitutes the full and entire understanding and agreement among the parties with respect to the subject matter hereof, and any other written or oral agreement relating
to the subject matter hereof existing between the parties is expressly canceled and replaced with this Agreement. Upon the effectiveness of this Agreement, the Prior Agreement shall be superseded and replaced in its entirety by this Agreement and
shall be of no further force or effect. 
 7.11 Third Parties. Other than as set forth in Section 4.2, nothing in
this Agreement, express or implied, is intended to confer upon any person, other than the parties hereto and their successors and assigns, any rights or remedies under or by reason of this Agreement. 

7.12 Delays or Omissions. No delay or omission to exercise any right, power, or remedy accruing to any party under this
Agreement, upon any breach or default of any other party under this Agreement, shall impair any such right, power, or remedy of such nonbreaching or nondefaulting party, nor shall it be construed to be a waiver of or acquiescence to any such breach
or default, or to any similar breach or default thereafter occurring, nor shall any waiver of any single breach or default be deemed a waiver of any other breach or default theretofore or thereafter occurring. All remedies, whether under this
Agreement or by law or otherwise afforded to any party, shall be cumulative and not alternative. 
 7.13 Dispute
Resolution. The parties (a) hereby irrevocably and unconditionally submit to the jurisdiction of the federal or state courts located in the State of Delaware for the purpose of any suit, action or other proceeding arising out of or
based upon this Agreement, 

  
 31 

 
(b) agree not to commence any suit, action or other proceeding arising out of or based upon this Agreement except in the federal or state courts located in the State of Delaware, and
(c) hereby waive, and agree not to assert, by way of motion, as a defense, or otherwise, in any such suit, action or proceeding, any claim that a party is not subject to the jurisdiction of the above-named courts, that its property is exempt or
immune from attachment or execution based upon judgment or order of such court(s), that any suit, action or proceeding arising out of or based upon this Agreement commenced in the federal or state courts located in the State of Delaware is brought
in an inconvenient forum, that the venue of such suit, action or proceeding is improper or that this Agreement or the subject matter hereof may not be enforced in or by such court. Should any party commence a suit, action or other proceeding arising
out of or based upon this Agreement in a forum other than the federal or state courts located in the State of Delaware, or should any party otherwise seek to transfer or dismiss such suit, action or proceeding from such court(s), that party shall
indemnify and reimburse the other party or parties for all reasonable legal costs and expenses incurred in enforcing this provision. 

7.14 Attorneys’ Fees. If any action at law or in equity is necessary to enforce or interpret the terms of this
Agreement, the non-prevailing party shall pay all costs and expenses incurred by the prevailing party, including, without limitation, all reasonable attorneys’ fees. 

[SIGNATURE PAGES FOLLOW] 

  
 32 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 COMPANY: 

 

			
	UIPATH, INC.
		
	By:	 	/s/ Daniel Dines
	Name:	 	Daniel Dines
	Title:	 	Chief Executive Officer

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

 

			
	 Alkeon Growth Master Fund Ltd.

		
	By:	 	 Alkeon Capital Management, LLC,

	its Investment Adviser and Attorney-in-Fact
		
	By:	 	 /s/ Jennifer Shufro

	Name:	 	 Jennifer Shufro 

	Title:	 	Managing Director

 Alkeon Insurance Growth Fund Series of the SALI Multi-Series Fund, LP 

 

			
	By:	 	 Alkeon Capital Management, LLC, 

	 its Investment Subadvisor

		
	By:	 	 /s/ Jennifer Shufro

	Name:	 	 Jennifer Shufro

	Title:	 	Managing Director

  

			
	 Alkeon Select SPC Fund Ltd.

		
	By:	 	 Alkeon Capital Management, LLC, 

	 its Investment Adviser and
Attorney-in-Fact

		
	By:	 	 /s/ Jennifer Shufro

	Name:	 	 Jennifer Shufro

	Title:	 	Managing Director

  

			
	 Alkeon Innovation Opportunity Master Fund, LP

		
	By:	 	 Alkeon Capital Management, LLC, 

	 its Investment Adviser and
Attorney-in-Fact

		
	By:	 	 /s/ Jennifer Shufro

	Name:	 	 Jennifer Shufro

	Title:	 	Managing Director

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

 

			
	 Alkeon Innovation Master Fund II, LP

		
	By:	 	 Alkeon Capital Management, LLC, 

	 its Investment Adviser and
Attorney-in-Fact

		
	By:	 	 /s/ Jennifer Shufro

	Name:	 	 Jennifer Shufro

	Title:	 	Managing Director

  

			
	 Alkeon Opportunity Master Fund, LP

		
	By:	 	 Alkeon Capital Management, LLC,

	 its Investment Adviser and
Attorney-in-Fact

		
	By:	 	 /s/ Jennifer Shufro

	Name:	 	 Jennifer Shufro

	Title:	 	Managing Director

  

			
	 Advantage Advisers Global Growth LLC

		
	By:	 	 Alkeon Capital Management, LLC, a member of its Investment Adviser, 

			
	 Advantage Advisers Management, LLC

		
	By:	 	 /s/ Jennifer Shufro

	Name:	 	 Jennifer Shufro

	Title:	 	Managing Director

  

			
	 Advantage Advisors Global Growth Ltd.

		
	By:	 	 Alkeon Capital Management, LLC, its Portfolio Manager 

			
		
	By:	 	 /s/ Jennifer Shufro

	Name:	 	 Jennifer Shufro

	Title:	 	Managing Director

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

 

			
	 TIGER GLOBAL INVESTMENTS, L.P.

		
	By:	 	 Tiger Global Performance, LLC, 

		 	 its general partner

		
	By:	 	 /s/ Steven D. Boyd

	Name:	 	 Steven D. Boyd

	Title:	 	 General Counsel 

  

			
	 TIGER GLOBAL PIP 11 HOLDINGS, L.P.

		
	By:	 	 Tiger Global Private Investment Partners XI, L.P., 

		 	 its general partner

		
	By:	 	 Tiger Global PIP Performance XI, L.P., 

		 	 Its general partner

		
	By:	 	 Tiger Global PIP Management XI, Ltd., 

		 	 Its general partner

		
	By:	 	 /s/ Steven D. Boyd

	Name:	 	 Steven D. Boyd

	Title:	 	 General Counsel

 TIGER GLOBAL LONG OPPORTUNITIES MASTER FUND, L.P. 

 

			
	By:	 	 Tiger Global Management, LLC, 

	 Its:
	 	 Investment Advisor 

		
	By:	 	 /s/ Steven D. Boyd

	Name:	 	 Steven D. Boyd

	Title:	 	 General Counsel

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

Altimeter Partners Fund, L.P. 
  

			
	By:	 	 Altimeter General Partner, LLC

	 Its:
	 	 General Partner

			
	
	 /s/ John J. Kiernan III

	 John J. Kiernan III

	 Authorized Person

 Contact/Notice Information: 

Altimeter Partners Fund, L.P. 
 c/o Altimeter Capital Management,
LP 
 Attention: Chief Financial Officer 
 One International
Place, Suite 4610 
 Boston, MA 02110 
 john@altimeter.com 

with a copy to: 
 Hab Siam 

General Counsel 
 Altimeter Capital Management, LP 

2550 Sand Hill Road, Suite 150 
 Menlo Park, CA 94025 

hab@altimeter.com 

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

Altimeter Growth Partners Fund IV, L.P. 
  

			
	By:	 	 Altimeter Growth General Partner IV, LLC 

	 Its:
	 	 General Partner

			
	
	 /s/ John J. Kiernan III

	 John J. Kiernan III

	 Authorized Person

 Contact/Notice Information: 

Altimeter Growth Partners Fund IV, L.P. 
 c/o Altimeter Capital
Management, LP 
 Attention: Chief Financial Officer 
 One
International Place, Suite 4610 
 Boston, MA 02110 

john@altimeter.com 
 with a copy to: 

Hab Siam 
 General Counsel 

Altimeter Capital Management, LP 
 2550 Sand Hill Road, Suite 150

 Menlo Park, CA 94025 
 hab@altimeter.com 

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

 

			
	COATUE OFFSHORE MASTER FUND, LTD.
	by Coatue Management, L.L.C., its investment manager
		
	By:	 	/s/ Zachary Feingold
	Name:	 	Zachary Feingold
	Title:	 	Authorized Signatory

  

			
	 COATUE CT XXXVIII

		
	By:	 	/s/ Zachary Feingold
	Name:	 	Zachary Feingold
	Title:	 	Authorized Signatory

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

 

			
	 COATUE CT 81 LLC

		
	By:	 	/s/ Zachary Feingold
	Name:	 	Zachary Feingold
	Title:	 	Authorized Signatory

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

INSTITUTIONAL VENTURE PARTNERS XVI, L.P. 
  

			
	By:	 	Institutional Venture Management Holdings XVI, LLC
	Its:	 	General Partner
		
	By:	 	Institutional Venture Management XVI, LLC
	Its:	 	Manager
		
	By:	 	/s/ Eric Liaw
		
	Name:	 	Eric Liaw
		
	Title:	 	Managing Director

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

 

			
	 SCGE Fund, L.P., a Cayman Islands limited partnership

		
	By:	 	 SCGE (LTGP), L.P., a Cayman Islands limited partnership 

	 Its:
	 	 General Partner

		
	 By:
	 	/s/ Kimberly Summe
	 Name:
	 	 Kimberly Summe

	 Title:
	 	 Chief Operating Officer and General Counsel 

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

 

			
	 UNIFORM DF HOLDINGS, LP

	
	 By its General Partner

	
	 DRAGONEER CF GP, LLC

		
	By:	 	/s/ Pat Robertson
	Name:	 	 Pat Robertson

	Title:	 	 Chief Operating Officer

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

 

			
	 CREDO STAGE II L.P.

		
	 By:
	 	Credo Ventures (GP) Limited, its General Partner
		
	By:	 	/s/ Jan Habermann
	Name:	 	 Jan Habermann

	Title:	 	 Director

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

 

			
	 ACCEL GROWTH FUND IV L.P.

		
	By:	 	 Accel Growth Fund IV Associates L.L.C. 

	 Its:
	 	 General Partner

		
	 By:
	 	/s/ Tracy L. Sedlock
		
	 Name:
	 	 Tracy L. Sedlock

		
	 Title:
	 	 Attorney in Fact

 ACCEL GROWTH FUND IV STRATEGIC PARTNERS L.P. 

 

			
		
	By:	 	 Accel Growth Fund IV Associates L.L.C. 

	 Its:
	 	 General Partner

		
	 By:
	 	/s/ Tracy L. Sedlock
		
	 Name:
	 	 Tracy L. Sedlock

		
	 Title:
	 	 Attorney in Fact

	  
 ACCEL GROWTH FUND
INVESTORS 2016 L.L.C.

		
	 By:
	 	/s/ Tracy L. Sedlock
		
	 Name:
	 	 Tracy L. Sedlock

		
	 Title:
	 	 Attorney in Fact

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

 

			
	 ACCEL LEADERS FUND L.P.

		
	By:	 	 Accel Leaders Fund Associates L.L.C.

	 Its:
	 	 General Partner

		
	 By:
	 	/s/ Tracy L. Sedlock
		
	 Name:
	 	 Tracy L. Sedlock

		
	 Title:
	 	 Attorney in Fact

  

			
	 ACCEL LEADERS FUND INVESTORS 2016 L.L.C.

		
	 By:
	 	/s/ Tracy L. Sedlock
		
	 Name:
	 	 Tracy L. Sedlock

		
	 Title:
	 	 Attorney in Fact

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

 

			
	 ACCEL LONDON V L.P.

		
	By:	 	 Accel London Management Limited, its Manager

		
	 By:
	 	/s/ Jennifer Nicolle
		
	 Name:
	 	 Jennifer Nicolle

		
	 Title:
	 	 Director

 ACCEL LONDON V STRATEGIC PARTNERS L.P. 

 

			
	By:	 	 Accel London Management Limited, its Manager 

		
	 By:
	 	/s/ Jennifer Nicolle
		
	 Name:
	 	 Jennifer Nicolle

		
	 Title:
	 	 Director

  

			
	 ACCEL LONDON INVESTORS 2016 L.P.

		
	By:	 	 Accel London Management Limited, its Manager 

		
	 By:
	 	/s/ Jennifer Nicolle
		
	 Name:
	 	 Jennifer Nicolle

		
	 Title:
	 	 Director

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

 

			
	 DIGITAL EAST FUND 2013 SCA SICAR

	
	 by Earlybird Management S.A.,
 the
Fund’s General Partner

		
	By:	 	/s/ Roland Mansor
		
	Name:	 	 Roland Mansor

		
	Title:	 	 Director

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

 

			
	 CAPITALG LP

		
	By:	 	/s/ Jeremiah Gordon
		
	Name:	 	 Jeremiah Gordon

		
	Title:	 	 General Counsel

  

			
	 CAPITALG II LP

		
	By:	 	/s/ Jeremiah Gordon
		
	Name:	 	 Jeremiah Gordon

		
	Title:	 	 General Counsel

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

 

			
	 SEQUOIA CAPITAL U.S. GROWTH FUND VII, L.P.

	a Cayman Islands exempted limited partnership
		
	By:	 	 SC U.S. GROWTH VII MANAGEMENT, L.P., 

		 	 a Cayman Islands exempted limited partnership, its General Partner

		
	By:	 	 SC US (TTGP), LTD., 

	 
 

            

 

 
	 	 a Cayman Islands exempted company, its General Partner

			
		
	 By:
	 	/s/ Carl Eschenbach
	 Name:
	 	 Carl Eschenbach

	 Title:
	 	 Authorized Signatory 

  

			
	 SEQUOIA CAPITAL U.S. GROWTH FUND VIII, L.P.

	 for itself and as nominee

		
	By:	 	 SC U.S. GROWTH VIII MANAGEMENT, L.P., 

		 	 a Cayman Islands exempted limited partnership, its General Partner

		
	By:	 	 SC US (TTGP), LTD., 

	 
 

            

 

 
	 	 a Cayman Islands exempted company, its General Partner

			
		
	 By:
	 	/s/ Carl Eschenbach
	 Name:
	 	 Carl Eschenbach

	 Title:
	 	 Authorized Signatory

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

 

					
	 T. Rowe Price Large-Cap Growth Fund

 
 Principal Funds, Inc.: Principal LargeCap Growth Fund I Principal Variable Contracts
Funds, Inc. LargeCap Growth Account I
  
 Trustees of the Ohio Operating
Engineers Pension Fund
  
 Harris Corporation Master Trust

 
 Consolidated Fund of the R.W. Grand Lodge of F. and AM. Of Pennsylvania

 
 Xerox Corporation Retirement & Savings Plan Trust

 
 NextEra Energy Inc. Employee Pension Plan

NextEra Energy, Inc. Employee Retirement Savings Plan and the NextEra Energy, Inc. Bargaining Unit Employee Retirement Savings Plan established under the
Master Trust for Retirement Savings Plans of NextEra Energy, Inc. and its Affiliates
  

T. Rowe Price U.S. Equities Trust
 Marriott
International, Inc. Pooled Investment Trust for Participant Directed Accounts
  

Tucson Supplemental Retirement System
 Delta Air Lines,
Inc. Defined Contribution Plans Master Trust
  
 Master Trust for Certain Tax
Qualified Bechtel Retirement Plans
 T. Rowe Price Large-Cap Growth Trust

 
 T. Rowe Price Large-Cap Growth Trust
I
  
 City of Warwick Pension Plans
	    	 The Master Trust adopted by the Home Depot FutureBuilder and The Home Depot FutureBuilder for Puerto Rico Plans

 
 City of Tallahassee Pension Fund

 
 Lettie Pate Evans Foundation, Inc.

 
 Joseph B. Whitehead Foundation

 
 Robert W. Woodruff Foundation, Inc.

Robert W. Woodruff Health Sciences Center Fund, Inc.
  

Ohio Public Employees Deferred Compensation Program
  

Prudential Retirement Insurance and Annuity Company
  

Toyota Motor North America, Inc. Retirement Savings Plan
  

Union Bank & Trust Company
  

Lettie Pate Whitehead Foundation, Inc.
  

The Community Foundation for Greater Atlanta, Inc.
  

Leonardo DRS, Inc. 401(k) Plan
 The Profit-Sharing Plan
of Quest Diagnostics Incorporated
 American Airlines, Inc. 401(k) Plan and the American

Airlines, Inc. 401(k) Plan for Pilots
  

Fresno County Employees Retirement Association
  

RR Donnelley Savings Plan Trust
 Bank of the West 401(k)
Plan
	 	
	 	
	 	
	 	
	 	
	 	
	 	
	 	
	 	
	 	
	 	
	 	
	 	
	 	
	 	
	 	

 Each account, severally not jointly 
  

			
	By: T. Rowe Price Associates, Inc., Investment Adviser or Subadviser, as applicable
	By:	 	/s/ Andrew Baek
	Name:	 	Andrew Baek
	Title:	 	Vice President
	Address:	 	 T. Rowe Price Associates, Inc.

100 East Pratt Street

Baltimore, MD 21202

Attn.: Andrew Baek, Vice President

and Senior Legal Counsel

Phone: 410-345-2090

Email: Andrew.Baek@troweprice.com

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

T. Rowe Price Growth Stock Fund, Inc. 
 Seasons Series
Trust - SA T. Rowe Price Growth Stock Portfolio 
 Voya Partners, Inc. - VY T. Rowe Price Growth Equity Portfolio 

Lincoln Variable Insurance Products Trust - LVIP T. Rowe Price 

Growth Stock Fund 
 Penn Series Funds, Inc. - Large
Growth Stock Fund 
 T. Rowe Price Growth Stock Trust 

Sony Master Trust 
 Prudential Retirement Insurance and
Annuity Company 
 Aon Savings Plan Trust 

Brighthouse Funds Trust II - T. Rowe Price Large Cap Growth Portfolio 

Caleres, Inc. Retirement Plan 
 Colgate Palmolive
Employees Savings and Investment Plan Trust 
 Brinker Capital Destinations Trust - Destinations Large Cap Equity 

Fund (formerly known as Brinker Capital Trust - Destination Large Cap 

Equity Fund) 
 Alight Solutions LLC 401K Plan Trust

 MassMutual Select Funds - MassMutual Select T. Rowe Price Large Cap 

Blend Fund 
 Legacy Health Employees’ Retirement
Plan 
 Legacy Health 
 Each account, severally not
jointly 
  

			
	 By: T. Rowe Price Associates, Inc., Investment Adviser
or Subadviser, as applicable

	By:	 	/s/ Andrew Baek
	Name:	 	Andrew Baek
	Title:	 	Vice President
	Address:	 	 T. Rowe Price Associates, Inc.

100 East Pratt Street

Baltimore, MD 21202

Attn.: Andrew Baek, Vice President and Senior Legal Counsel

Phone: 410-345-2090

Email: Andrew.Baek@troweprice.com

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

T. Rowe Price Communications & Technology Fund, Inc. 

TD Mutual Funds - TD Entertainment & Communications Fund 

Each account, severally not jointly 
  

			
	 By: T. Rowe Price Associates, Inc., Investment Adviser
or Subadviser, as applicable

		
	By:	 	/s/ Andrew Baek
	Name:	 	Andrew Baek
	Title:	 	Vice President

			
	Address:	 	 T. Rowe Price Associates, Inc.

100 East Pratt Street

Baltimore, MD 21202

Attn.: Andrew Baek, Vice President and Senior Legal Counsel

Phone: 410-345-2090

Email: Andrew.Baek@troweprice.com

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

T. Rowe Price Diversified Mid-Cap Growth Fund, Inc. 

The Bunting Family III, LLC 
 Seasons Series Trust - SA
Multi-Managed Mid Cap Growth Portfolio 
 The Bunting Family VI Socially Responsible LLC 

Lincoln Variable Insurance Products Trust - LVIP T. Rowe Price 

Structured Mid-Cap Growth Fund 

Voya Partners, Inc. - VY T. Rowe Price Diversified Mid Cap Growth 

Portfolio 
 T. Rowe Price
Tax-Efficient Equity Fund 
 Lincoln Variable Insurance Products Trust - LVIP Blended Mid Cap 

Managed Volatility Fund 
 Jeffrey LLC 

The Bunting Family III, LLC 
 The Bunting Family VI
Socially Responsible LLC 
 The Bunting Family Liquid TE LLC 

Jeffrey LLC 
 Jeffrey LLC 

T. Rowe Price Tax-Efficient Equity Fund 

Each account, severally not jointly 
  

			
	 By: T. Rowe Price Associates, Inc., Investment Adviser
or Subadviser, as applicable

		
	By:	 	/s/ Andrew Baek
	Name:	 	Andrew Baek
	Title:	 	Vice President

			
	Address:	 	 T. Rowe Price Associates, Inc.

100 East Pratt Street

Baltimore, MD 21202

Attn.: Andrew Baek, Vice President and Senior Legal Counsel

Phone: 410-345-2090

Email: Andrew.Baek@troweprice.com

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

T. Rowe Price New America Growth Fund, Inc. 
 T. Rowe
Price New America Growth Portfolio 
 T. Rowe Price Global Allocation Fund, Inc. 

Each account, severally not jointly 
  

			
	 By: T. Rowe Price Associates, Inc., Investment Adviser or Subadviser, as applicable

		
	By:	 	/s/ Andrew Baek
	Name:	 	Andrew Baek
	Title:	 	Vice President
	Address:	 	 T. Rowe Price Associates, Inc.

100 East Pratt Street

Baltimore, MD 21202

Attn.: Andrew Baek, Vice President

and Senior Legal Counsel

Phone: 410-345-2090

Email: Andrew.Baek@troweprice.com 

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

T. Rowe Price Global Equity Fund 
 T. Rowe Price Global
Growth Stock Fund 
 Equipsuper Pty Ltd as Trustee for Equipsuper Superannuation Fund 

Campbell Pension Plans Master Retirement Trust 
 T. Rowe
Price Global Growth Equity Pool 
 Public Service Pension Plan Fund 

Teachers’ Pension Plan Fund 
 T. Rowe Price Global
Growth Equity Trust 
 Kaiser Permanente Group Trust 

Kaiser Foundation Hospitals 
 Canada Life Global Growth
Equity Fund (T. Rowe Price) 
 Each account, severally not jointly 
  

			
	 By: T. Rowe Price Associates, Inc., Investment Adviser or Subadviser, as applicable

		
	By:	 	/s/ Andrew Baek
	Name:	 	Andrew Baek
	Title:	 	Vice President
	Address:	 	 T. Rowe Price Associates, Inc.

100 East Pratt Street

Baltimore, MD 21202

Attn.: Andrew Baek, Vice President

and Senior Legal Counsel

Phone: 410-345-2090

Email: Andrew.Baek@troweprice.com 

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

T. Rowe Price Global Stock Fund 
 Arkansas Teacher
Retirement System 
 T. Rowe Price Global Focused Growth Equity Pool 

Union Pacific Corporation Master Retirement Trust 
 TWU
Superannuation Fund 
 T. Rowe Price Global Focused Growth Equity Fund 

The Board of Trustees of the National Provident Fund in its capacity as 

trustee of the O Fund of the Global Asset Trust 

Government Superannuation Fund 
 Superannuation Funds
Management Corporation of South Australia 
 Superannuation Funds Management Corporation of South Australia 

Hostplus Pooled Superannuation Trust 
 UniSuper 

Each account, severally not jointly 
  

			
	 By: T. Rowe Price Associates, Inc., Investment Adviser or Subadviser, as applicable

		
	By:	 	/s/ Andrew Baek
	Name:	 	Andrew Baek
	Title:	 	Vice President
	Address:	 	 T. Rowe Price Associates, Inc.

100 East Pratt Street

Baltimore, MD 21202

Attn.: Andrew Baek, Vice President

and Senior Legal Counsel

Phone: 410-345-2090

Email: Andrew.Baek@troweprice.com 

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT as of the date first written above. 
 INVESTORS: 

T. Rowe Price Global Technology Fund, Inc. 
 TD Mutual
Funds - TD Science & Technology Fund 
 UniSuper 

Each account, severally not jointly 
  

			
	 By: T. Rowe Price Associates, Inc., Investment Adviser or Subadviser, as applicable

		
	By:	 	/s/ Andrew Baek
	Name:	 	Andrew Baek
	Title:	 	Vice President
	Address:	 	 T. Rowe Price Associates, Inc.

100 East Pratt Street

Baltimore, MD 21202

Attn.: Andrew Baek, Vice President

and Senior Legal Counsel

Phone: 410-345-2090

Email: Andrew.Baek@troweprice.com 

  
 Signature page to
Amended and Restated Investors’ Rights Agreement 

 SCHEDULE A 

List of Investors 
  

			
	 Name and Address of Investor
	 	
	 Alkeon Innovation Master Fund,
LP
	 	
	 Alkeon Innovation Opportunity
Master
	 	
	 THL K Limited
	 	
	 TPP Fund II Holding E Limited
	 	
	 Coatue CT XXXVIII LLC
	 	
	 Coatue CT 81 LLC
	 	
	 Uniform DF Holdings, LP
	 	
	 Investors advised or subadvised by T.

Rowe Price Associates, Inc. as set forth

on Schedule A-1
	 	
	 Base Growth I, LLC
	 	
	 Sands Capital Global Innovation Fund,
L.P.
	 	
	 Sands Capital Global Innovation Fund,
L.P.
	 	
	 Accel Growth Fund IV L.P.
	 	
	 Accel Growth Fund IV Strategic Partners
L.P.
	 	
	 Accel Growth Fund Investors 2016,
L.L.C.
	 	
	 Daniel Yanisse
	 	
	 Alex Estevez
	 	
	 Accel London V L.P.
	 	
	 Accel London V Strategic Partners
L.P.
	 	
	 Accel London Investors 2016
L.P.
	 	
	 Digital East
	 	
	 Credo Stage II L.P.
	 	

			
	 Name and Address of Investor
	 	
	 Seedcamp III LP
	 	
	 SC_3_OF1 LP
	 	
	 SC_3_OF2 LP
	 	
	 CapitalG LP
	 	
	 CapitalG II LP
	 	
	 KPCB Holdings, Inc., as Nominee
	 	
	 Thomas F. Mendoza Revocable
Trust
	 	
	 Sequoia Capital U.S. Growth Fund VII,
L.P.
	 	
	 Sequoia Capital U.S. Growth VII Principals
Fund, L.P.
	 	
	 Sequoia Capital U.S. Growth Fund VIII, L.P.,
for itself and as nominee
	 	
	 Accel Leaders Fund L.P.
	 	
	 Accel Leaders Fund Investors 2016
L.L.C.
	 	
	 Madrona Venture Fund VII, LP
	 	
	 Madrona Venture Fund VII-A, LP
	 	
	 Institutional Venture Partners XVI,
L.P.
	 	
	 Hadley Harbor Master Investors (Cayman) II
L.P.
	 	
	 *RTCS I UiPath, LLC
	 	
	 *Next Play Capital II, L.P.
	 	
	 *NPC UiPath, LLC
	 	
	 *Dentsu Digital Investment Limited
Partnership
	 	
	 *Vista Public Strategies Fund,
L.P.
	 	
	 *Greenspring Secondaries Fund III,
L.P.
	 	
	 *Aiolos, L.P.
	 	

			
	 Name and Address of Investor
	 	
	 *Harmony Partners IV, L.P.
	 	
	 *Founders Circle Capital II,
L.P.
	 	
	 *Founders Circle Capital II Affiliates Fund,
L.P.
	 	
	 Tiger Global Investments, L.P.
	 	
	 Tiger Global Private Investment Partners XI,
L.P.
	 	
	 Disruptive Technology Solutions XXX,
LLC
	 	
	 Disruptive Technology Solutions XXXI,
LLC
	 	
	 Formulate Ventures S2, LLC
	 	
	 G Squared V, LP
	 	
	 Alkeon Growth Master Fund Ltd
	 	
	 Alkeon Insurance Growth Fund
	 	
	 Alkeon Select SPC Fund Ltd
	 	
	 Alkeon Innovation Master Fund II,
LP
	 	
	 Advantage Advisers Global Growth
LLC
	 	
	 Advantage Advisers Global Growth
Ltd
	 	
	 Altimeter Growth Partners Fund IV,
L.P.
	 	
	 Altimeter Partners Fund, L.P.
	 	
	 SCGE Fund, L.P.
	 	
	 Tiger Global PIP 11 Holdings,
L.P.
	 	
	 Tiger Global Long Opportunities Master Fund,
L.P.
	 	

 *Such holder’s shares of Preferred Stock were acquired through a transfer from Credo Stage II L.P. and/or Digital East
Fund 2013 SCA SICAR and constitute fewer shares than are required to affect an assignment of registration rights under Section 2.10 with respect to such shares of Preferred Stock. 

 SCHEDULE A-1 

Investors advised or subadvised by T. ROWE PRICE ASSOCIATES, INC. 

 

	
	Fund Name
	T. Rowe Price Large-Cap Growth Fund (formerly known as T. Rowe Price Institutional
Large-Cap Growth Fund)
	Principal Fund, Inc.: Principal LargeCap Growth Fund I
	Principal Variable Contracts Funds, Inc. LargeCap Growth Account I
	Trustees of the Ohio Operating Engineers Pension Fund
	Harris Corporation Master Trust
	Sears 401(K) Savings Plan
	Consolidated Fund of the R.W. Grand Lodge of F. and AM. Of Pennsylvania
	Xerox Corporation Retirement & Savings Plan Trust
	NextEra Energy Inc. Employee Pension Plan
	NextEra Energy, Inc. Employee Retirement Savings Plan and the NextEra Energy, Inc. Bargaining Unit Employee Retirement Savings Plan established under the
Master Trust for Retirement Savings Plans of NextEra Energy, Inc. and its Affiliates
	USG Corporation Retirement Plan Trust
	T. Rowe Price U.S. Equities Trust
	Marriott International, Inc. Pooled Investment Trust for Participant Directed Accounts
	Tucson Supplemental Retirement System
	Delta Air Lines, Inc. Defined Contribution Plans Master Trust
	Master Trust for Certain Tax Qualified Bechtel Retirement Plans
	The KP Funds - KP Large Cap Equity Fund
	City of Warwick Pension Plans
	The Master Trust adopted by the Home Depot FutureBuilder and The Home Depot FutureBuilder for Puerto Rico Plans
	CITY OF TALLAHASSEE PENSION FUND
	Lettie Pate Evans Foundation, Inc.
	Joseph B. Whitehead Foundation
	Robert W. Woodruff Foundation, Inc.
	Robert W. Woodruff Health Sciences Center Fund, Inc.
	Ohio Public Employees Deferred Compensation Program
	Prudential Retirement Insurance and Annuity Company
	Toyota Motor North America, Inc. Retirement Savings Plan
	Union Bank & Trust Company
	Lettie Pate Whitehead Foundation, Inc.
	The Community Foundation for Greater Atlanta, Inc.

	
	Fund Name
	Leonardo DRS, Inc. 401(k) Plan
	The Profit Sharing Plan of Quest Diagnostics Incorporated
	American Airlines, Inc. 401(k) Plan and the American Airlines, Inc. 401(k) Plan for Pilots
	Fresno County Employees Retirement Association
	RR Donnelley Savings Plan Trust
	Bank of the West 401(k) Plan
	 
	T. Rowe Price Growth Stock Fund, Inc.
	Seasons Series Trust - SA T. Rowe Price Growth Stock Portfolio
	Voya Partners, Inc. - VY T. Rowe Price Growth Equity Portfolio
	Lincoln Variable Insurance Products Trust - LVIP T. Rowe Price Growth Stock Fund
	Penn Series Funds, Inc. - Large Growth Stock Fund
	T. Rowe Price Growth Stock Trust
	Sony Master Trust
	Prudential Retirement Insurance and Annuity Company
	Aon Savings Plan Trust
	Brighthouse Funds Trust II - T. Rowe Price Large Cap Growth Portfolio
	Caleres, Inc. Retirement Plan
	Colgate Palmolive Employees Savings and Investment Plan Trust
	Brinker Capital Destinations Trust - Destinations Large Cap Equity Fund (formerly known as Brinker Capital Trust - Destination Large Cap Equity Fund)
	Alight Solutions LLC 401K Plan Trust
	MassMutual Select Funds - MassMutual Select T. Rowe Price Large Cap Blend Fund
	Legacy Health Employees’ Retirement Plan
	Legacy Health
	 
	T. Rowe Price Communications & Technology Fund, Inc.
	TD Mutual Funds - TD Entertainment & Communications Fund
	 
	T. Rowe Price Diversified Mid-Cap Growth Fund, Inc.
	The Bunting Family III, LLC
	Seasons Series Trust - SA Multi-Managed Mid Cap Growth Portfolio
	The Bunting Family VI Socially Responsible LLC
	Lincoln Variable Insurance Products Trust - LVIP T. Rowe Price Structured Mid-Cap Growth Fund
	Voya Partners, Inc. - VY T. Rowe Price Diversified Mid Cap Growth Portfolio

	
	Fund Name
	T. Rowe Price Tax-Efficient Equity Fund
	Lincoln Variable Insurance Products Trust - LVIP Blended Mid Cap Managed Volatility Fund
	Jeffrey LLC
	The Bunting Family III, LLC
	The Bunting Family VI Socially Responsible LLC
	The Bunting Family Liquid TE LLC
	Jeffrey LLC
	Jeffrey LLC
	 
	T. Rowe Price Tax-Efficient Equity Fund
	 
	T. Rowe Price New America Growth Fund, Inc.
	T. Rowe Price New America Growth Portfolio
	T. Rowe Price Global Allocation Fund, Inc.
	 
	T. Rowe Price Global Equity Fund
	T. Rowe Price Global Growth Stock Fund
	T. Rowe Price Institutional Global Growth Equity Fund
	Equipsuper Pty Ltd as Trustee for Equipsuper Superannuation Fund
	Campbell Pension Plans Master Retirement Trust
	T. Rowe Price Global Growth Equity Pool
	Public Service Pension Plan Fund
	Teachers’ Pension Plan Fund
	T. Rowe Price Global Growth Equity Trust
	 
	T. Rowe Price Global Stock Fund
	T. Rowe Price Institutional Global Focused Growth Equity Fund
	Arkansas Teacher Retirement System
	T. Rowe Price Global Focused Growth Equity Pool
	Union Pacific Corporation Master Retirement Trust
	 
	T. Rowe Price Global Technology Fund, Inc.
	TD Mutual Funds - TD Science & Technology Fund
	UniSuper
	T. Rowe Price Large-Cap Growth Trust

	
	Fund Name
	T. Rowe Price Large-Cap Growth Trust I
	Kaiser Permanente Group Trust
	Kaiser Foundation Hospitals
	Hostplus Pooled Superannuation Trust
	Government Superannuation Fund
	The Board of Trustees of the National Provident Fund in its capacity as trustee of the O Fund of the Global Asset TrustEX-10.2

 Exhibit 10.2 

UIPATH, INC. 
 2015 STOCK
PLAN 
  

	 	1.	 ESTABLISHMENT, PURPOSE AND TERM
OF PLAN. 

 1.1 Establishment. The UiPath, Inc. 2015
Stock Plan (the “Plan”) is hereby established effective as of June 12, 2015 (the “Effective Date”). 

1.2 Purpose. The purpose of the Plan is to advance the interests of the Participating Company Group and its
stockholders by providing an incentive to attract, retain and reward persons performing services for the Participating Company Group and by motivating such persons to contribute to the growth and profitability of the Participating Company Group. The
Company intends that Awards granted pursuant to the Plan be exempt from or comply with Section 409A of the Code (including any amendments or replacements of such section), and the Plan shall be so construed. The Company shall not be liable to
any Participant for any tax, interest or penalty the Participant might owe as a result of the grant, holding, vesting, exercise or payment of any Award under the Plan. 

1.3 Term of Plan. The Plan shall continue in effect until its termination by the Board; provided, however, that all
Awards shall be granted, if at all, within ten (10) years from the earlier of the date the Plan is adopted by the Board or the date the Plan is duly approved by the stockholders of the Company. 

 

	 	2.	 DEFINITIONS AND CONSTRUCTION.

 2.1 Definitions. Whenever used herein, the following terms shall have their respective meanings set
forth below: 
 (a) “Award” means an Option, Restricted Stock Purchase Right or Restricted Stock
Bonus granted under the Plan. 
 (b) “Award Agreement” means an Option Agreement, Restricted
Stock Purchase Agreement, Restricted Stock Bonus Agreement, or other written or electronic agreement between the Company and a Participant setting forth the terms, conditions and restrictions of the Award granted to the Participant. 

(c) “Board” means the Board of Directors of the Company. If one or more Committees have been
appointed by the Board to administer the Plan, “Board” also means such Committee(s). 
 (d)
“Cause” means, unless such term or an equivalent term is otherwise defined by the applicable Award Agreement or other written agreement between a Participant and a Participating Company applicable to an Award,
any of the following: (i) the Participant’s theft, dishonesty, willful misconduct, breach of fiduciary duty or falsification of any Participating Company document or record for personal profit; (ii) the Participant’s material

  
 1 

 
failure to abide by a Participating Company’s code of conduct or other policies (including, without limitation, policies relating to confidentiality and reasonable workplace conduct); (i)
the Participant’s unauthorized use, misappropriation, destruction or diversion of any tangible or intangible asset or corporate opportunity of a Participating Company (including, without limitation, the Participant’s improper use or
disclosure of a Participating Company’s confidential or proprietary information); (iv) any intentional act by the Participant which has a material detrimental effect on a Participating Company’s reputation or business; (v) the
Participant’s repeated failure or inability to perform any reasonable assigned duties after written notice from a Participating Company of, and a reasonable opportunity to cure, such failure or inability; (vi) any material breach by the
Participant of any employment or service agreement between the Participant and a Participating Company, which breach is not cured pursuant to the terms of such agreement; or (vii) the Participant’s conviction (including any plea of guilty
or nolo contendere) of any criminal act involving fraud, dishonesty, misappropriation or moral turpitude, or which impairs the Participant’s ability to perform his or her duties with a Participating Company. 

(e) “Change in Control” means, unless such term or an equivalent term is otherwise defined by
the applicable Award Agreement or other written agreement between the Participant and a Participating Company applicable to an Award, the occurrence of any of the following: 

(i) an Ownership Change Event or a series of related Ownership Change Events (collectively, a
“Transaction”) in which the stockholders of the Company immediately before the Transaction do not retain immediately after the Transaction, in substantially the same proportions as their ownership of shares of
the Company’s voting stock immediately before the Transaction, direct or indirect beneficial ownership of more than fifty percent (50%) of the total combined voting power of the outstanding securities entitled to vote generally in the election
of Directors or, in the case of an Ownership Change Event described in Section 2.1(v)(iii), the entity to which the assets of the Company were transferred (the “Transferee”), as the case may be; or 

(ii) the liquidation or dissolution of the Company; 

provided, however, that a Change in Control shall be deemed not to include a transaction described in subsection (i) of this Section 2.1(e) in which
a majority of the members of the board of directors of the continuing, surviving or successor entity, or parent thereof, immediately after such transaction is comprised of Incumbent Directors. For purposes of the preceding sentence, indirect
beneficial ownership shall include, without limitation, an interest resulting from ownership of the voting securities of one or more corporations or other business entities which own the Company or the Transferee, as the case may be, either directly
or through one or more subsidiary corporations or other business entities. The Board shall have the right to determine whether multiple sales or exchanges of the voting securities of the Company or multiple Ownership Change Events are related, and
its determination shall be final, binding and conclusive. 
 (f) “Code” means the Internal
Revenue Code of 1986, as amended, and any applicable regulations and administrative guidelines promulgated thereunder. 

  
 2 

 (g) “Committee” means the compensation
committee or other committee or subcommittee of the Board duly appointed to administer the Plan and having such powers as shall be specified by the Board. Unless the powers of the Committee have been specifically limited, the Committee shall have
all of the powers of the Board granted herein, including, without limitation, the power to amend or terminate the Plan at any time, subject to the terms of the Plan and any applicable limitations imposed by law. 

(h) “Company” means UiPath, Inc., a Delaware corporation, or any successor corporation thereto.

 (i) “Consultant” means a person engaged to provide consulting or advisory services (other
than as an Employee or a Director) to a Participating Company, provided that the identity of such person, the nature of such services or the entity to which such services are provided would not preclude the Company from offering or selling
securities to such person pursuant to the Plan in reliance on either the exemption from registration provided by Rule 701 under the Securities Act or, if the Company is required to file reports pursuant to Section 13 or 15(d) of the Exchange
Act, registration on a Form S-8 Registration Statement under the Securities Act. 
 (j)
“Director” means a member of the Board or of the board of directors of any other Participating Company. 

(k) “Disability” means the total and permanent disability as defined in Section 22(e)(3) of
the Code. 
 (l) “Employee” means any person treated as an employee (including an Officer or a
Director who is also treated as an employee) in the records of a Participating Company and, with respect to any Incentive Stock Option granted to such person, who is an employee for purposes of Section 422 of the Code; provided, however, that
neither service as a Director nor payment of a director’s fee shall be sufficient to constitute employment for purposes of the Plan. The Company shall determine in good faith and in the exercise of its discretion whether an individual has
become or has ceased to be an Employee and the effective date of such individual’s employment or termination of employment, as the case may be. For purposes of an individual’s rights, if any, under the terms of the Plan as of the time of
the Company’s determination of whether or not the individual is an Employee, all such determinations by the Company shall be final, binding and conclusive as to such rights, if any, notwithstanding that the Company or any court of law or
governmental agency subsequently makes a contrary determination as to such individual’s status as an Employee. 
 (m)
“Exchange Act” means the Securities Exchange Act of 1934, as amended. 
 (n)
“Fair Market Value” means, as of any date, the value of a share of Stock or other property as determined by the Board, in its discretion, or by the Company, in its discretion, if such determination is expressly
allocated to the Company herein, subject to the following: 

  
 3 

 (i) If, on such date, the Stock is listed or quoted on a national or regional
securities exchange or quotation system, the Fair Market Value of a share of Stock shall be the closing price of a share of Stock as quoted on the national or regional securities exchange or quotation system constituting the primary market for the
Stock, as reported in The Wall Street Journal or such other source as the Company deems reliable. If the relevant date does not fall on a day on which the Stock has traded on such securities exchange or quotation system, the date on which the
Fair Market Value shall be established shall be the last day on which the Stock was so traded or quoted prior to the relevant date, or such other appropriate day as shall be determined by the Board, in its discretion. 

(ii) If, on such date, the Stock is not listed or quoted on a national or regional securities exchange or quotation system, the Fair
Market Value of a share of Stock shall be as determined by the Board as follows: (i) for Incentive Stock Options, in good faith and in accordance with Section 1.422-2(e) of the Treasury Regulations;
and (ii) for Nonstatutory Stock Options and Stock Purchase Rights, according to a reasonable application of a reasonable valuation method, within the meaning of Section 1.409A-1(b)(5)(iv)(B) of the
Treasury Regulations. 
 (o) “Incentive Stock Option” means an Option intended to be (as set
forth in the Award Agreement) and which qualifies as an incentive stock option within the meaning of Section 422(b) of the Code. 

(p) “Incumbent Director” means a director who either (i) is a member of the Board as of the
Effective Date or (ii) is elected, or nominated for election, to the Board with the affirmative votes of at least a majority of the Incumbent Directors at the time of such election or nomination (but excluding a director who was elected or
nominated in connection with an actual or threatened proxy contest relating to the election of directors of the Company). 
 (q)
“Insider” means an Officer, a Director or other person whose transactions in Stock are subject to Section 16 of the Exchange Act. 

(r) “Nonstatutory Stock Option” means an Option not intended to be (as set forth in the Award
Agreement) or which does not qualify as an Incentive Stock Option. 
 (s) “Officer” means any
person designated by the Board as an officer of the Company. 
 (t) “Option” means a right
granted under Section 6 to purchase Stock pursuant to the terms and conditions of the Plan. An Option may be either an Incentive Stock Option or a Nonstatutory Stock Option. 

(u) “Option Agreement” means a written agreement between the Company and a Participant setting
forth the terms, conditions and restrictions of the Option granted to the Participant and any shares acquired upon the exercise thereof. An Option Agreement may consist of a form of “Notice of Grant of Stock Option” and a form of
“Stock Option Agreement” incorporated therein by reference, or such other form or forms as the Board may approve from time to time. 

  
 4 

 (v) “Ownership Change Event” means the
occurrence of any of the following with respect to the Company: (i) the direct or indirect sale or exchange in a single or series of related transactions by the stockholders of the Company of securities of the Company representing more than
fifty percent (50%) of the total combined voting power of the Company’s then-outstanding securities entitled to vote generally in the election of Directors; (ii) a merger or consolidation in which the Company is a party; or (iii) the
sale, exchange, or transfer of all or substantially all of the assets of the Company (other than a sale, exchange or transfer to one or more subsidiaries of the Company). 

(w) “Parent Corporation” means any present or future “parent corporation” of the
Company, as defined in Section 424(e) of the Code. 
 (x) “Participant” means any eligible person who
has been granted one 
 or more Awards. 

(y) “Participating Company” means the Company or any Parent Corporation or Subsidiary
Corporation. 
 (z) “Participating Company Group” means, at any point in time, all entities
collectively which are then Participating Companies. 
 (aa) “Restricted Stock Award” means an
Award of a Restricted Stock Bonus or a Restricted Stock Purchase Right. 
 (bb) “Restricted Stock
Bonus” means Stock granted to a Participant pursuant to Section 7. 
 (cc) “Restricted Stock
Purchase Agreement” means a written agreement between the Company and a Participant setting forth the terms, conditions and restrictions of the Restricted Stock Purchase Right granted to the Participant and any shares acquired upon the
exercise thereof. A Restricted Stock Purchase Agreement may consist of a form of “Notice of Grant of Restricted Stock Purchase Right” and a form of “Restricted Stock Purchase Agreement” incorporated therein by reference, or such
other form or forms as the Board may approve from time to time. 
 (dd) “Restricted Stock Purchase
Right” means a right to purchase Stock granted to a Participant pursuant to Section 7. 
 (ee)
“Rule 16b-3” means Rule 16b-3 under the Exchange Act, as amended from time to time, or any successor rule or regulation. 

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

(gg) “Service” means a Participant’s employment or service with the Participating Company
Group, whether as an Employee, a Director or a Consultant. Unless otherwise provided by the Board, a Participant’s Service shall not be deemed to have terminated merely because of a change in the capacity in which the Participant renders such
Service or a change in the Participating Company for which the Participant renders such Service, provided 

  
 5 

 
that there is no interruption or termination of the Participant’s Service. Furthermore, a Participant’s Service shall not be deemed to have been interrupted or terminated if the
Participant takes any military leave, sick leave, or other bona fide leave of absence approved by the Company. However, unless otherwise provided by the Board, if any such leave taken by a Participant exceeds ninety (90) days, then on the
ninety-first (91st) day following the commencement of such leave the Participant’s Service shall be deemed to have terminated, unless the Participant’s right to return to Service is guaranteed by statute or contract. Notwithstanding the
foregoing, unless otherwise designated by the Company or required by law, an unpaid leave of absence shall not be treated as Service for purposes of determining vesting under the Participant’s Award Agreement. A Participant’s Service shall
be deemed to have terminated either upon an actual termination of Service or upon the business entity for which the Participant performs Service ceasing to be a Participating Company. Subject to the foregoing, the Company, in its discretion, shall
determine whether the Participant’s Service has terminated and the effective date of and reason for such termination. 
 (hh)
“Stock” means the Common Stock of the Company, as adjusted from time to time in accordance with Section 4.2. 

(ii) “Subsidiary Corporation” means any present or future “subsidiary corporation” of
the Company, as defined in Section 424(f) of the Code. 
 (jj) “Ten Percent Stockholder”
means a person who, at the time an Award is granted to such person, owns stock possessing more than ten percent (10%) of the total combined voting power of all classes of stock of a Participating Company within the meaning of
Section 422(b)(6) of the Code. 
 (kk) “Treasury Regulations” means regulations issued by the United
States Treasury Department. 
 (ll) “Trading Compliance Policy” means the written policy of
the Company pertaining to the purchase, sale, transfer or other disposition of the Company’s equity securities by Directors, Officers, Employees or other service providers who may possess material, nonpublic information regarding the Company or
its securities, if any. 
 (mm) “Vesting Conditions” mean those conditions established in
accordance with the Plan prior to the satisfaction of which shares subject to an Award remain subject to forfeiture or a repurchase option in favor of the Company exercisable for the Participant’s monetary purchase price, if any, for such
shares upon the Participant’s termination of Service. 
 2.2 Construction. Captions and titles contained herein are for
convenience only and shall not affect the meaning or interpretation of any provision of the Plan. Except when otherwise indicated by the context, the singular shall include the plural and the plural shall include the singular. Use of the term
“or” is not intended to be exclusive, unless the context clearly requires otherwise. 

  
 6 

	 	3.	 ADMINISTRATION. 

3.1 Administration by the Board. The Plan shall be administered by the Board. All questions of interpretation of the Plan, of any
Award Agreement or of any other form of agreement or other document employed by the Company in the administration of the Plan or of any Award shall be determined by the Board, and such determinations shall be final, binding and conclusive upon all
persons having an interest in the Plan or such Award, unless fraudulent or made in bad faith. Any and all actions, decisions and determinations taken or made by the Board in the exercise of its discretion pursuant to the Plan or Award Agreement or
other agreement thereunder (other than determining questions of interpretation pursuant to the preceding sentence) shall be final, binding and conclusive upon all persons having an interest therein. All expenses incurred in connection in the
administration of the Plan shall be paid by the Company. 
 3.2 Authority of Officers. Any Officer shall have the authority to
act on behalf of the Company with respect to any matter, right, obligation, determination or election which is the responsibility of or which is allocated to the Company herein, provided the Officer has been delegated authority with respect to such
matter, right, obligation, determination or election by the Board. 
 3.3 Powers of the Board. In addition to any other
powers set forth in the Plan and subject to the provisions of the Plan, the Board shall have the full and final power and authority, in its discretion: 

(a) to determine the persons to whom, and the time or times at which, Awards shall be granted and the number of shares of Stock to be
subject to each Award; 
 (b) to determine the type of Award granted; 

(c) to designate Options as Incentive Stock Options or Nonstatutory Stock Options; 

(d) to determine the Fair Market Value of shares of Stock or other property; 

(e) to determine the terms, conditions and restrictions applicable to each Award (which need not be identical) and any shares acquired
pursuant thereto, including, without limitation, (i) the exercise price or purchase price of shares pursuant to any Award, (ii) the method of payment for shares purchased pursuant to any Award, (iii) the method for satisfaction of any
tax withholding obligation arising in connection with any Award, including by the withholding or delivery of shares of Stock, (iv) the timing, terms and conditions of the exercisability or vesting of any Award or shares acquired pursuant
thereto, (v) the time of expiration of any Award, (vi) the effect of any Participant’s termination of Service on any of the foregoing, and (vii) all other terms, conditions and restrictions applicable to any Award or shares
acquired pursuant thereto not inconsistent with the terms of the Plan; 
 (f) to approve one or more forms of Award Agreement; 

  
 7 

 (g) to amend, modify, extend, cancel or renew any Award or to waive any restrictions
or conditions applicable to any Award or any shares acquired pursuant thereto; 
 (h) to
re-price or otherwise adjust the exercise price of any Option, or to grant in substitution for any Option a new Award covering the same or different number of shares of Stock; 

(i) to accelerate, continue, extend or defer the exercisability or vesting of any Award or any shares acquired pursuant thereto,
including with respect to the period following a Participant’s termination of Service; 
 (j) to prescribe, amend or rescind
rules, guidelines and policies relating to the Plan, or to adopt sub-plans or supplements to, or alternative versions of, the Plan, including, without limitation, as the Board deems necessary or desirable to
comply with the laws of, or to accommodate the tax policy, accounting principles or custom of, foreign jurisdictions whose citizens may be granted Awards; and 

(k) to correct any defect, supply any omission or reconcile any inconsistency in the Plan or any Award Agreement and to make all other
determinations and take such other actions with respect to the Plan or any Award as the Board may deem advisable to the extent not inconsistent with the provisions of the Plan or applicable law. 

3.4 Administration with Respect to Insiders. With respect to participation by Insiders in the Plan, at any time that any class
of equity security of the Company is registered pursuant to Section 12 of the Exchange Act, the Plan shall be administered in compliance with the requirements, if any, of Rule 16b-3. 

3.5 Indemnification. In addition to such other rights of indemnification as they may have as members of the Board or as officers
or employees of the Participating Company Group, members of the Board and any officers or employees of the Participating Company Group to whom authority to act for the Board or the Company is delegated shall be indemnified by the Company against all
reasonable expenses, including attorneys’ fees, actually and necessarily incurred in connection with the defense of any action, suit or proceeding, or in connection with any appeal therein, to which they or any of them may be a party by reason
of any action taken or failure to act under or in connection with the Plan, or any right granted hereunder, and against all amounts paid by them in settlement thereof (provided such settlement is approved by independent legal counsel selected by the
Company) or paid by them in satisfaction of a judgment in any such action, suit or proceeding, except in relation to matters as to which it shall be adjudged in such action, suit or proceeding that such person is liable for gross negligence, bad
faith or intentional misconduct in duties; provided, however, that within sixty (60) days after the institution of such action, suit or proceeding, such person shall offer to the Company, in writing, the opportunity at its own expense to handle
and defend the same. 
  

	 	4.	 SHARES SUBJECT TO PLAN.

 4.1 Maximum Number of Shares Issuable. Subject to adjustment as provided in Section 4.2, the
maximum aggregate number of shares of Stock that may be issued under the Plan shall be Eight Hundred Thirty-Three Thousand Three Hundred Thirty-Three 

  
 8 

 
(833,333) (the “Share Limit”) and shall consist of authorized but unissued or reacquired shares of Stock or any combination thereof. If an outstanding Award for any reason
expires or is terminated or canceled or if shares of Stock are acquired upon the exercise of an Award subject to a Company repurchase option and are repurchased by the Company at the Participant’s exercise or purchase price, the shares of Stock
allocable to the unexercised portion of such Award or such repurchased shares of Stock shall again be available for issuance under the Plan. 

4.2 Adjustments for Changes in Capital Structure. Subject to any required action by the stockholders of the Company and
the requirements of Sections 409A and 424 of the Code to the extent applicable, in the event of any change in the Stock effected without receipt of consideration by the Company, whether through merger, consolidation, reorganization, reincorporation,
recapitalization, reclassification, stock dividend, stock split, reverse stock split, split-up, split-off, spin-off, combination
of shares, exchange of shares, or similar change in the capital structure of the Company, or in the event of payment of a dividend or distribution to the stockholders of the Company in a form other than Stock (excepting regular, periodic cash
dividends) that has a material effect on the Fair Market Value of shares of Stock, appropriate and proportionate adjustments shall be made in the number and kind of shares subject to the Plan and to any outstanding Awards, in the Share Limit set
forth in Section 4.1, and in the exercise or purchase price per share under any outstanding Awards in order to prevent dilution or enlargement of Participants’ rights under the Plan. For purposes of the foregoing, conversion of any
convertible securities of the Company shall not be treated as “effected without receipt of consideration by the Company.” If a majority of the shares which are of the same class as the shares that are subject to outstanding Awards are
exchanged for, converted into, or otherwise become (whether or not pursuant to an Ownership Change Event) shares of another corporation (the “New Shares”), the Board may unilaterally amend the outstanding Awards
to provide that such Awards are for New Shares. In the event of any such amendment, the number of shares subject to, and the exercise or purchase price per share of, the outstanding Awards shall be adjusted in a fair and equitable manner as
determined by the Board, in its discretion. Any fractional share resulting from an adjustment pursuant to this Section 4.2 shall be rounded down to the nearest whole number, and the exercise price per share shall be rounded up to the nearest
whole cent. In no event may the exercise or purchase price, if any, under any Award be decreased to an amount less than the par value, if any, of the stock subject to the Award. Suchadjustments shall be determined by the Board, and its determination
shall be final, binding and conclusive. 
 4.3 Assumption or Substitution of Awards. The Board may, without affecting the
number of shares of Stock available pursuant to Section 4.1, authorize the issuance or assumption of benefits under this Plan in connection with any merger, consolidation, acquisition of property or stock, or reorganization upon such terms and
conditions as it may deem appropriate, subject to compliance with Section 409A and any other applicable provisions of the Code. 
  

	 	5.	 ELIGIBILITY, PARTICIPATION AND OPTION
LIMITATIONS. 

 5.1 Persons Eligible for Awards. Awards may be
granted only to Employees, Consultants and Directors. 

  
 9 

 5.2 Participation in the Plan. Awards are granted solely at the discretion of
the Board. Eligible persons may be granted more than one (1) Award. However, eligibility in accordance with this Section shall not entitle any person to be granted an Award, or, having been granted an Award, to be granted an additional Award.

 5.3 Incentive Stock Option Limitations. 

(a) Maximum Number of Shares Issuable Pursuant to Incentive Stock Options. Subject to Section 4.1 and adjustment as
provided in Section 4.2, the maximum aggregate number of shares of Stock that may be issued under the Plan pursuant to the exercise of Incentive Stock Options shall not exceed the Share Limit. The maximum aggregate number of shares of Stock
that may be issued under the Plan pursuant to all Awards other than Incentive Stock Options shall be the number of shares determined in accordance with Section 4.1, subject to adjustment as provided in Section 4.2. 

(b) Persons Eligible. An Incentive Stock Option may be granted only to a person who, on the effective date of grant, is
an Employee. Any person who is not an Employee on the effective date of the grant of an Option to such person may be granted only a Nonstatutory Stock Option. 

(c) Fair Market Value Limitation. To the extent that options designated as Incentive Stock Options (granted under
all stock plans of the Participating Company Group, including the Plan) become exercisable by a Participant for the first time during any calendar year for stock having a Fair Market Value greater than One Hundred Thousand Dollars ($100,000), the
portions of such options which exceed such amount shall be treated as Nonstatutory Stock Options. For purposes of this Section 5.3, options designated as Incentive Stock Options shall be taken into account in the order in which they were
granted, and the Fair Market Value of stock shall be determined as of the time the option with respect to such stock is granted. If the Code is amended to provide for a limitation different from that set forth in this Section 5.3, such
different limitation shall be deemed incorporated herein effective as of the date and with respect to such Options as required or permitted by such amendment to the Code. If an Option is treated as an Incentive Stock Option in part and as a
Nonstatutory Stock Option in part by reason of the limitation set forth in this Section 5.3, the Participant may designate which portion of such Option the Participant is exercising. In the absence of such designation, the Participant shall be
deemed to have exercised the Incentive Stock Option portion of the Option first. Upon exercise of the Option, Shares issued pursuant to each such portion shall be separately identified. 

 

	 	6.	 STOCK OPTIONS. 

Options shall be evidenced by Award Agreements specifying the number of shares of Stock covered thereby, in such form as the Board shall from
time to time establish. Such Award Agreements may incorporate all or any of the terms of the Plan by reference and shall comply with and be subject to the following terms and conditions: 

6.1 Exercise Price. The exercise price for each Option shall be established in the discretion of the Board; provided,
however, that (a) the exercise price per share for an Option 

  
 10 

 
shall be not less than the Fair Market Value of a share of Stock on the effective date of grant of the Option and (b) no Incentive Stock Option granted to a Ten Percent Stockholder shall
have an exercise price per share less than one hundred ten percent (110%) of the Fair Market Value of a share of Stock on the effective date of grant of the Option. Notwithstanding the foregoing, an Option (whether an Incentive Stock Option or a
Nonstatutory Stock Option) may be granted with an exercise price lower than the minimum exercise price set forth above if such Option is granted pursuant to an assumption or substitution for another option in a manner qualifying under the provisions
of Section 409A or Section 424(a) of the Code, as applicable. 
 6.2 Exercisability and Term of Options.
Options shall be exercisable atsuch time or times, or upon such event or events, and subject to such terms, conditions, performance criteria and restrictions as shall be determined by the Board and set forth in the Award Agreement evidencing
such Option; provided, however, that (a) no Option shall be exercisable after the expiration of ten (10) years after the effective date of grant of such Option, (b) no Incentive Stock Option granted to a Ten Percent Stockholder shall
be exercisable after the expiration of five (5) years after the effective date of grant of such Option, and (c) no Option granted to an Employee who is a non-exempt employee for purposes of the Fair
Labor Standards Act of 1938, as amended, shall be first exercisable until at least six (6) months following the date of grant of such Option (except in the event of such Employee’s death, disability or retirement, upon a Change in Control,
or as otherwise permitted by the Worker Economic Opportunity Act). Subject to the foregoing, unless otherwise specified by the Board in the grant of an Option, each Option shall terminate ten (10) years after the effective date of grant of the
Option, unless earlier terminated in accordance with its provisions. 
 6.3 Payment of Exercise Price. 

(a) Forms of Consideration Authorized. Except as otherwise provided below, payment of the exercise price for the number
of shares of Stock being purchased pursuant to any Option shall be made (i) in cash, by check or in cash equivalent, (ii) if (and only if) permitted by the Company and subject to the limitations contained in Section 6.3(b), by means
of (1) a Stock Tender Exercise, (2) a Cashless Exercise, (3) a promissory note or (4) a Net Exercise; (iii) by such other consideration as may be approved by the Board from time to time to the extent permitted by applicable
law, or (iv) by any combination thereof. The Board may at any time or from time to time grant Options which do not permit all of the foregoing forms of consideration to be used in payment of the exercise price or which otherwise restrict one or
more forms of consideration. 
 (b) Limitations on Forms of Consideration. 

(i) Stock Tender Exercise. A “Stock Tender Exercise” means the delivery of a properly
executed exercise notice accompanied by a Participant’s tender to the Company, or attestation to the ownership, in a form acceptable to the Company of whole shares of Stock having a Fair Market Value that does not exceed the aggregate exercise
price for the shares with respect to which the Option is exercised. A Stock Tender Exercise shall not be permitted if it would constitute a violation of the provisions of any law, regulation or agreement restricting the redemption of the
Company’s stock. If required by the Company, the Option may not be exercised by tender to the Company, or attestation to the ownership, of shares of Stock unless such shares either have been owned by the Participant for a period of time
required by the Company (and not used for another option exercise by attestation during such period) or were not acquired, directly or indirectly, from the Company. 

  
 11 

 (ii) Cashless Exercise. A Cashless Exercise shall be permitted only upon the
class of shares subject to the Option becoming publicly traded in an established securities market. A “Cashless Exercise” means the delivery of a properly executed exercise notice together with irrevocable
instructions to a broker providing for the assignment to the Company of the proceeds of a sale or loan with respect to some or all of the shares being acquired upon the exercise of the Option (including, without limitation, through an exercise
complying with the provisions of Regulation T as promulgated from time to time by the Board of Governors of the Federal Reserve System). The Company reserves, at any and all times, the right, in the Company’s sole and absolute discretion, to
establish, decline to approve or terminate any program or procedures for the exercise of Options by means of a Cashless Exercise, including with respect to one or more Participants specified by the Company notwithstanding that such program or
procedures may be available to other Participants. 
 (iii) Payment by Promissory Note. No promissory note shall be permitted
if the exercise of an Option using a promissory note would be a violation of any law. Any permitted promissory note shall be on such terms as the Board shall determine. The Board shall have the authority to permit or require the Participant to
secure any promissory note used to exercise an Option with the shares of Stock acquired upon the exercise of the Option or with other collateral acceptable to the Company. Unless otherwise provided by the Board, if the Company at any time is subject
to the regulations promulgated by the Board of Governors of the Federal Reserve System or any other governmental entity affecting the extension of credit in connection with the Company’s securities, any promissory note shall comply with such
applicable regulations, and the Participant shall pay the unpaid principal and accrued interest, if any, to the extent necessary to comply with such applicable regulations. 

(iv) Net Exercise. A “Net Exercise” means the delivery of a properly executed exercise
notice followed by a procedure pursuant to which (1) the Company will reduce the number of shares otherwise issuable to a Participant upon the exercise of an Option by the largest whole number of shares having a Fair Market Value that does not
exceed the aggregate exercise price for the shares with respect to which the Option is exercised, and (2) the Participant shall pay to the Company in cash the remaining balance of such aggregate exercise price not satisfied by such reduction in
the number of whole shares to be issued. 
 6.4 Effect of Termination of Service. 

(a) Option Exercisability. Subject to earlier termination of the Option as otherwise provided by this Plan and
unless a longer exercise period is provided by the Board, an Option shall terminate immediately upon the Participant’s termination of Service to the extent that it is then unvested and shall be exercisable after the Participant’s
termination of Service to the extent it is then vested only during the applicable time period determined in accordance with this Section 6.4 and thereafter shall terminate: 

  
 12 

 (i) Disability. If the Participant’s Service terminates because of the
Disability of the Participant, the Option, to the extent unexercised and exercisable for vested shares on the date on which the Participant’s Service terminated, may be exercised by the Participant (or the Participant’s guardian or legal
representative) at any time prior to the expiration of twelve (12) months after the date on which the Participant’s Service terminated, but in any event no later than the date of expiration of the Option’s term as set forth in the
Award Agreement evidencing such Option (the “Option Expiration Date”). 
 (ii) Death.
If the Participant’s Service terminates because of the death of the Participant, the Option, to the extent unexercised and exercisable for vested shares on the date on which the Participant’s Service terminated, may be exercised by the
Participant’s legal representative or other person who acquired the right to exercise the Option by reason of the Participant’s death at any time prior to the expiration of twelve (12) months after the date on which the
Participant’s Service terminated, but in any event no later than the Option Expiration Date. The Participant’s Service shall be deemed to have terminated on account of death if the Participant dies within three (3) months after the
Participant’s termination of Service. 
 (iii) Termination for Cause. Notwithstanding any other provision of the Plan to
the contrary, if the Participant’s Service is terminated for Cause, the Option shall terminate in its entirety and cease to be exercisable immediately upon such termination of Service. 

(iv) Other Termination of Service. If the Participant’s Service terminates for any reason, except Disability, death or
Cause, the Option, to the extent unexercised and exercisable for vested shares on the date on which the Participant’s Service terminated, may be exercised by the Participant at any time prior to the expiration of three (3) months after the
date on which the Participant’s Service terminated, but in any event no later than the Option Expiration Date. 
 (b)
Extension if Exercise Prevented by Law. Notwithstanding the foregoing other than termination of Service for Cause, if the exercise of an Option within the applicable time periods set forth in Section 6.4(a) is prevented by the
provisions of Section 11 below, the Option shall remain exercisable until the later of (i) thirty (30) days after the date such exercise first would no longer be prevented by such provisions or (ii) the end of the applicable time
period under Section 6.4(a), but in any event no later than the Option Expiration Date. 
 6.5 Transferability of
Options. During the lifetime of the Participant, an Option shall be exercisable only by the Participant or the Participant’s guardian or legal representative. An Option shall not be subject in any manner to anticipation, alienation, sale,
exchange, transfer, assignment, pledge, encumbrance, or garnishment by creditors of the Participant or the Participant’s beneficiary, except transfer by will or by the laws of descent and distribution. Notwithstanding the foregoing, to the
extent permitted by the Board, in itsdiscretion, and set forth in the Award Agreement evidencing such Option, a Nonstatutory Stock Option shall be assignable or transferable subject to the applicable limitations, if any, describedin Rule 701 under
the Securities Act, and the General Instructions to Form S-8 Registration Statement under the Securities Act. An Incentive Stock Option may be transferred only as permitted by applicable regulations under
Section 421 of the Code in a manner that does not disqualify such Option as an Incentive Stock Option. 

  
 13 

	 	7.	 RESTRICTED STOCK AWARDS.

 Restricted Stock Awards shall be evidenced by Award Agreements specifying whether the Award is a Restricted Stock
Bonus or a Restricted Stock Purchase Right and the number of shares of Stock subject to the Award, in such form as the Board shall from time to time establish. Such Award Agreements may incorporate all or any of the terms of the Plan by reference
and shall comply with and be subject to the following terms and conditions: 
 7.1 Types of Restricted Stock Awards
Authorized. Restricted Stock Awards may be granted in the form of either a Restricted Stock Bonus or a Restricted Stock Purchase Right. Restricted Stock Awards may be granted upon such conditions as the Board shall determine, including, without
limitation, upon the attainment of one or more performance goals. 
 7.2 Purchase Price. The purchase price for shares of
Stock issuable under each Restricted Stock Purchase Right shall be established by the Board in its discretion. No monetary payment (other than applicable tax withholding) shall be required as a condition of receiving shares of Stock pursuant to a
Restricted Stock Bonus, the consideration for which shall be services actually rendered to a Participating Company or for its benefit. Notwithstanding the foregoing, if required by applicable state corporate law, the Participant shall furnish
consideration in the form of cash or past services rendered to a Participating Company or for its benefit having a value not less than the par value of the shares of Stock subject to a Restricted Stock Award. 

7.3 Purchase Period. A Restricted Stock Purchase Right shall be exercisable within a period established by the Board, which
shall in no event exceed thirty (30) days from the effective date of the grant of the Restricted Stock Purchase Right. 
 7.4
Payment of Purchase Price. 
 (a) Form of Payment. Except as otherwise provided below, payment of the purchase
price for the number of shares of Stock being purchased pursuant to any Restricted Stock Purchase Right shall be made (a) in cash, by check or in cash equivalent, (b) by such other consideration as may be approved by the Board from time to
time to the extent permitted by applicable law, or (c) by any combination thereof. 
 (b) Payment by Promissory
Note. No promissory note shall be permitted unless approved by the Board. No promissory note shall be permitted if the exerciseof a Restricted Stock Purchase Right using a promissory note would be a violation of any law. The Board shall have
the authority to permit or require the Participant to secure any promissory note used to exercise a Restricted Stock Purchase Right with the shares of Stock acquired uponthe exercise of the Restricted Stock Purchase Right or with other collateral
acceptable to the Company. Unless otherwise provided by the Board, if the Company at any time is subject to the regulations promulgated by the Board of Governors of the Federal Reserve System or any other governmental entity affecting the extension
of credit in connection with the Company’s securities, any promissory note shall comply with such applicable regulations, and the Participant shall pay the unpaid principal and accrued interest, if any, to the extent necessary to comply with
such applicable regulations. 

  
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 7.5 Vesting and Restrictions on Transfer. Shares issued pursuant to any
Restricted Stock Award may (but need not) be made subject to Vesting Conditions based upon the satisfaction of such Service requirements, conditions, restrictions or performance criteria, as shall be established by the Board and set forth in the
Award Agreement evidencing such Award. During any period in which shares acquired pursuant to a Restricted Stock Award remain subject to Vesting Conditions, such shares may not be sold, exchanged, transferred, pledged, assigned or otherwise disposed
of other than pursuant to an Ownership Change Event or as provided in Section 7.8. The Board, in its discretion, may provide in any Award Agreement evidencing a Restricted Stock Award that, if the satisfaction of Vesting Conditions with respect
to any shares subject to such Restricted Stock Award would otherwise occur on a day on which the sale of such shares would violate the provisions of the Trading Compliance Policy, then satisfaction of the Vesting Conditions automatically shall be
determined on the next trading day on which the sale of such shares would not violate the Trading Compliance Policy. Upon request by the Company, each Participant shall execute any agreement evidencing such transfer restrictions prior to the receipt
of shares of Stock hereunder and shall promptly present to the Company any and all certificates representing shares of Stock acquired hereunder for the placement on such certificates of appropriate legends evidencing any such transfer restrictions.

 7.6 Voting Rights; Dividends and Distributions. Except as provided in this Section, Section 7.5 and any Award
Agreement, during any period in which shares acquired pursuant to a Restricted Stock Award remain subject to Vesting Conditions, the Participant shall have all of the rights of a stockholder of the Company holding shares of Stock, including the
right to vote such shares and to receive all dividends and other distributions paid with respect to such shares; provided, however, that if so determined by the Board and provided by the Award Agreement, such dividends and distributions shall be
subject to the same Vesting Conditions as the shares subject to the Restricted Stock Award with respect to which such dividends or distributions were paid, and otherwise shall be paid no later than the end of the calendar year in which such
dividends or distributions are paid to stockholders (or, if later, the 15th day of the third month following the date such dividends or distributions are paid to stockholders). In the event of a dividend or distribution paid in shares of Stock or
other property or any other adjustment made upon a change in the capital structure of the Company as described in Section 4.2, any and all new, substituted or additional securities or other property (other than regular, periodic cash dividends)
to which the Participant is entitled by reason of the Participant’s Restricted Stock Award shall be immediately subject to the same Vesting Conditions as the shares subject to the Restricted Stock Award with respect to which such dividends or
distributions were paid or adjustments were made. 
 7.7 Effect of Termination of Service. Unless otherwise provided by the
Board in the Award Agreement evidencing a Restricted Stock Award, if a Participant’s Service terminates for any reason, whether voluntary or involuntary (including the Participant’s death or disability), then (a) the Company shall
have the option to repurchase for the purchase price paid by the Participant any shares acquired by the Participant pursuant to a Restricted Stock Purchase Right which remain subject to Vesting Conditions as of the date of the Participant’s
termination 

  
 15 

 
of Service and (b) the Participant shall forfeit to the Company any shares acquired by the Participant pursuant to a Restricted Stock Bonus which remain subject to Vesting Conditions as of
the date of the Participant’s termination of Service. The Company shall have the right to assign at any time any repurchase right it may have, whether or not such right is then exercisable, to one or more persons as may be selected by the
Company. 
 7.8 Nontransferability of Restricted Stock Award Rights. Rights to acquire shares of Stock pursuant to a
Restricted Stock Award shall not be subject in any manner to anticipation, alienation, sale, exchange, transfer, assignment, pledge, encumbrance or garnishment by creditors of the Participant or the Participant’s beneficiary, except transfer by
will or the laws of descent and distribution. All rights with respect to a Restricted Stock Award granted to a Participant hereunder shall be exercisable during his or her lifetime only by such Participant or the Participant’s guardian or legal
representative. 
  

	 	8.	 STANDARD FORMS OF AWARD
AGREEMENTS. 

 8.1 Award Agreements. Each Award shall comply
with and be subject to the terms and conditions set forth in the appropriate form of Award Agreement approved by the Board and as amended from time to time. No Award or purported Award shall be a valid and binding obligation of the Company unless
evidenced by a fully executed Award Agreement, which execution may be evidenced by electronic means. 
 8.2 Authority to Vary
Terms. The Board shall have the authority from time to time to vary the terms of any standard form of Award Agreement either in connection with the grant or amendment of an individual Award or in connection with the authorization of a new
standard form or forms; provided, however, that the terms and conditions of any such new, revised or amended standard form or forms of Award Agreement are not inconsistent with the terms of the Plan. 

 

	 	9.	 CHANGE IN CONTROL.

 9.1 Effect of Change in Control on Awards. Subject to the requirements and limitations of
Section 409A of the Code, if applicable, the Board may provide for any one or more of the following: 
 (a) Accelerated
Vesting. In its discretion, the Board may provide in the grant of any Award or at any other time may take such action as it deems appropriate to provide for acceleration of the exercisability and/or vesting in connection with a Change in
Control of each or any outstanding Award or portion thereof and shares acquired pursuant thereto upon such conditions, including termination of the Participant’s Service prior to, upon, or following such Change in Control, and to such extent as
the Board shall determine. 
 (b) Assumption, Continuation or Substitution of Awards. In theevent of a Change in
Control, the surviving, continuing, successor, or purchasing corporation or other business entity or parent thereof, as the case may be (the “Acquiror”), may, without the consent of any Participant, assume or
continue the Company’s rights and obligations under each or any Award or portion thereof outstanding immediately prior to the Change in Control or substitute for each or any such outstanding Award or portion thereof a substantially equivalent

  
 16 

 
award with respect to the Acquiror’s stock. For purposes of this Section, if so determined by the Board, in its discretion, an Award or any portion thereof shall be deemed assumed if,
following the Change in Control, the Award confers the right to receive, subject to the terms and conditions of the Plan and the applicable Award Agreement, for each share of Stock subject to such portion of the Award immediately prior to the Change
in Control, the consideration (whether stock, cash, other securities or property or a combination thereof) to which a holder of a share of Stock on the effective date of the Change in Control was entitled (and if holders were offered a choice of
consideration, the type of consideration chosen by the holders of a majority of the outstanding shares of Stock); provided, however, that if such consideration is not solely common stock of the Acquiror, the Board may, with the consent of the
Acquiror, provide for the consideration to be received upon the exercise of the Award for each share of Stock to consist solely of common stock of the Acquiror equal in Fair Market Value to the per share consideration received by holders of Stock
pursuant to the Change in Control. If any portion of such consideration may be received by holders of Stock pursuant to the Change in Control on a contingent or delayed basis, the Board may, in its discretion, determine such Fair Market Value per
share as of the time of the Change in Control on the basis of the Board’s good faith estimate of the present value of the probable future payment of such consideration. Any Award or portion thereof which is neither assumed or continued by the
Acquiror in connection with the Change in Control nor exercised as of the time of consummation of the Change in Control shall terminate and cease to be outstanding effective as of the time of consummation of the Change in Control. Notwithstanding
the foregoing, shares acquired upon exercise of an Award prior to the Change in Control and any consideration received pursuant to the Change in Control with respect to such shares shall continue to be subject to all applicable provisions of the
Award Agreement evidencing such Award except as otherwise provided in such Award Agreement. 
 (c) Cash-Out of Outstanding Awards. The Board may, in its discretion and without the consent of any Participant, determine that, upon the occurrence of a Change in Control, each or any Award or portion thereof
outstanding immediately prior to the Change in Control and not previously exercised or settled shall be canceled in exchange for a payment with respect to each vested share (and each unvested share, if so determined by the Board) of Stock subject to
such canceled Award in (i) cash, (ii) stock of the Company or of a corporation or other business entity a party to the Change in Control, or (iii) other property which, in any such case, shall be in an amount having a Fair Market Value
equal to the Fair Market Value of the consideration to be paid per share of Stock in the Change in Control, reduced (but not below zero) by the exercise or purchase price per share, if any, under such Award. If any portion of such consideration may
be received by holders of Stock pursuant to the Change in Control on a contingent or delayed basis, the Board may, in its sole discretion, determine such Fair Market Value per share as of the time of the Change in Control on the basis of the
Board’s good faith estimate of the present value of the probable amount of future payment of such consideration. In the event such determination is made by the Board, an Award having an exercise or purchase price per share equal to or greater
than the Fair Market Value of the consideration to be paid per share of Stock in the Change in Control may be canceled without payment of consideration to the holder thereof. Payment pursuant to this Section (reduced by applicable withholding taxes,
if any) shall be made to Participants in respect of the vested portions of their canceled Awards as soon as practicable following the date of the Change in Control and in respect of the unvested portions of their canceled Awards in accordance with
the vesting schedules applicable to such Awards. 

  
 17 

 9.2 Federal Excise Tax Under Section 4999 of the Code. 

(a) Excess Parachute Payment. If any acceleration of vesting pursuant to an Award and any other payment or benefit
received or to be received by a Participant would subject the Participant to any excise tax pursuant to Section 4999 of the Code due to the characterization of such acceleration of vesting, payment or benefit as an “excess parachute
payment” under Section 280G of the Code, then, provided such election would not subject the Participant to taxation under Section 409A of the Code, the Participant may elect, in his or her sole discretion, to reduce the amount of any
acceleration of vesting called for under the Award in order to avoid such characterization. 
 (b) Determination by
Independent Accountants. To aid the Participant in making any election called for under Section 9.2(a), no later than the date of the occurrence of any event that might reasonably be anticipated to result in an “excess parachute
payment” to the Participant as described in Section 9.2(a), the Company shall request a determination in writing by independent public accountants selected by the Company (the “Accountants”). As soon
as practicable thereafter, the Accountants shall determine and report to the Company and the Participant the amount of such acceleration of vesting, payments and benefits which would produce the greatest
after-tax benefit to the Participant. For the purposes of such determination, the Accountants may rely on reasonable, good faith interpretations concerning the application of Sections 280G and 4999 of the
Code. The Company and the Participant shall furnish to the Accountants such information and documents as the Accountants may reasonably request in order to make their required determination. The Company shall bear all fees and expenses the
Accountants charge in connection with their services contemplated by this Section. 
  

	 	10.	 TAX WITHHOLDING. 

10.1 Tax Withholding in General. The Company shall have the right to deduct from any and all payments made under the Plan, or to
require the Participant, through payroll withholding, cash payment or otherwise, to make adequate provision for, the federal, state, local and foreign taxes (including any social insurance tax), if any, required by law to be withheld by the
Participating Company Group with respect to an Award or the shares acquired pursuant thereto. The Company shall have no obligation to deliver shares of Stock or to release shares of Stock from an escrow established pursuant to an Award Agreement
until the Participating Company Group’s tax withholding obligations have been satisfied by the Participant. 
 10.2
Withholding in or Directed Sale of Shares. The Company shall havethe right, but not the obligation, to deduct from the shares of Stock issuable to a Participant upon the exercise or vesting of an Award, or to accept from the Participant the
tender of, a number of whole shares of Stock having a Fair Market Value, as determined by the Company, equal to allor any part of the tax withholding obligations of the Participating Company Group. The Fair Market Value of any shares of Stock
withheld or tendered to satisfy any such tax withholding obligations shall not exceed the amount determined by the applicable minimum statutory withholding rates. The Company may require a Participant to direct a broker, upon the vestingor exercise
of an Award, to sell a portion of the shares subject to the Award determined by the Company in its discretion to be sufficient to cover the tax withholding obligations of any Participating Company and to remit an amount equal to such tax withholding
obligations to the Company in cash. 

  
 18 

	 	11.	 COMPLIANCE WITH SECURITIES
LAW. 

 The grant of Awards and the issuance of shares of Stock pursuant to any Award
shall be subject to compliance with all applicable requirements of federal, state and foreign law with respect to such securities and the requirements of any stock exchange or market system upon which the Stock may then be listed. In addition, no
Award may be exercised or shares issued pursuant to an Award unless (a) a registration statement under the Securities Act shall at the time of such exercise or issuance be in effect with respect to the shares issuable pursuant to the Award or
(b) in the opinion of legal counsel to the Company, the shares issuable pursuant to the Award may be issued in accordance with the terms of an applicable exemption from the registration requirements of the Securities Act. The inability of the
Company to obtain from any regulatory body having jurisdiction the authority, if any, deemed by the Company’s legal counsel to be necessary to the lawful issuance and sale of any shares hereunder shall relieve the Company of any liability in
respect of the failure to issue or sell such shares as to which such requisite authority shall not have been obtained. As a condition to issuance of any Stock, the Company may require the Participant to satisfy any qualifications that may be
necessary or appropriate, to evidence compliance with any applicable law or regulation and to make any representation or warranty with respect thereto as may be requested by the Company. 

 

	 	12.	 AMENDMENT OR TERMINATION OF
PLAN. 

 The Board may amend, suspend or terminate the Plan at any time. However,
subject to changes in applicable law, regulations or rules that would permit otherwise, without the approval of the Company’s stockholders, there shall be (a) no increase in the maximum aggregate number of shares of Stock that may be
issued under the Plan (except by operation of the provisions of Section 4.2), (b) no change in the class of persons eligible to receive Incentive Stock Options, and (c) no other amendment of the Plan that would require approval of the
Company’s stockholders under any applicable law, regulation or rule, including the rules of any stock exchange or quotation system upon which the Stock may then be listed or quoted. No amendment, suspension or termination of the Plan shall
affect any then outstanding Award unless expressly provided by the Board. Except as provided by the next sentence, no amendment, suspension or termination of the Plan may have a materially adverse effect on any then outstanding Award without the
consent of the Participant. Notwithstanding any other provision of the Plan or any Award Agreement to the contrary, the Board may, in its sole and absolute discretion and without the consent of any Participant, amend the Plan or any Award Agreement,
to take effect retroactively or otherwise, as it deems necessary or advisable for the purpose of conforming the Plan or such Award Agreement to any present or future law, regulation or rule applicable to the Plan, including, but not limited to,
Section 409A of the Code. 
  

	 	13.	 MISCELLANEOUS PROVISIONS. 

13.1 Repurchase Rights. Shares issued under the Plan may be subject to aright of first refusal, one or more repurchase
options, or other conditions and restrictions as 

  
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determined by the Board in its discretion at the time the Award is granted. The Company shall have the right to assign at any time any repurchase right it may have, whether or not such right is
then exercisable, to one or more persons as may be selected by the Company. Upon request by the Company, each Participant shall execute any agreement evidencing such transfer restrictions prior to the receipt of shares of Stock hereunder and shall
promptly present to the Company any and all certificates representing shares of Stock acquired hereunder for the placement on such certificates of appropriate legends evidencing any such transfer restrictions. 

13.2 Forfeiture Events. The Board may specify in an Award Agreement that the Participant’s rights, payments, and benefits
with respect to an Award shall be subject to reduction, cancellation, forfeiture, or recoupment upon the occurrence of specified events, in addition to any otherwise applicable vesting or performance conditions of an Award. Such events may include,
but shall not be limited to, termination of Service for Cause or any act by a Participant, whether before or after termination of Service, that would constitute Cause for termination of Service. 

13.3 Provision of Information. To the extent required by applicable law, at least annually, copies of the Company’s balance
sheet and income statement for the just completed fiscal year shall be made available to each Participant and purchaser of shares of Stock upon the exercise of an Award; provided, however, that this requirement shall not apply if all offers and
sales of securities pursuant to the Plan comply with all applicable conditions of Rule 701 under the Securities Act. The Company shall not be required to provide such information to key persons whose duties in connection with the Company assure them
access to equivalent information. The Company shall deliver to each Participant such disclosures as are required in accordance with Rule 701 under the Securities Act. 

13.4 Rights as Employee, Consultant or Director. No person, even though eligible pursuant to Section 5, shall have a right
to be selected as a Participant, or, having been so selected, to be selected again as a Participant. Nothing in the Plan or any Award granted under the Plan shall confer on any Participant a right to remain an Employee, Consultant or Director or
interfere with or limit in any way any right of a Participating Company to terminate the Participant’s Service at any time. To the extent that an Employee of a Participating Company other than the Company receives an Award under the Plan, that
Award shall in no event be understood or interpreted to mean that the Company is the Employee’s employer or that the Employee has an employment relationship with the Company. 

13.5 Rights as a Stockholder. A Participant shall have no rights as a stockholder with respect to any shares covered by an Award
until the date of the issuance of such shares (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company). No adjustment shall be made for dividends, distributions or other rights for
which the record date is prior to the date such shares are issued, except as provided in Section 4.2 or another provision of the Plan. 

13.6 Delivery of Title to Shares. Subject to any governing rules or regulations, the Company shall issue or cause to be issued
the shares of Stock acquired pursuant to an Award and shall deliver such shares to or for the benefit of the Participant by means of one or more of the following: (a) by delivering to the Participant evidence of book entry shares of Stock
credited to the account of the Participant, (b) by depositing such shares of Stock for the benefit of the Participant with any broker with which the Participant has an account relationship, or (c) by delivering such shares of Stock to the
Participant in certificate form. 

  
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 13.7 Fractional Shares. The Company shall not be required to issue fractional
shares upon the exercise or settlement of any Award. 
 13.8 Retirement and Welfare Plans. Neither Awards made under this Plan
nor shares of Stock or cash paid pursuant to such Awards may be included as “compensation” for purposes of computing the benefits payable to any Participant under any Participating Company’s retirement plans (both qualified and non-qualified) or welfare benefit plans unless such other plan expressly provides that such compensation shall be taken into account in computing a Participant’s benefits. 

13.9 Severability. If any one or more of the provisions (or any part thereof) of this Plan shall be held invalid, illegal or
unenforceable in any respect, such provision shall be modified so as to make it valid, legal and enforceable, and the validity, legality and enforceability of the remaining provisions (or any part thereof) of the Plan shall not in any way be
affected or impaired thereby. 
 13.10 No Constraint on Corporate Action. Nothing in this Plan shall be construed to:
(a) limit, impair, or otherwise affect the Company’s or another Participating Company’s right or power to make adjustments, reclassifications, reorganizations, or changes of its capital or business structure, or to merge or
consolidate, or dissolve, liquidate, sell, or transfer all or any part of its business or assets; or (b) limit the right or power of the Company or another Participating Company to take any action which such entity deems to be necessary or
appropriate. 
 13.11 Choice of Law. Except to the extent necessary to comply with applicable securities laws, the validity,
interpretation, construction and performance of the Plan and each Award Agreement shall be governed by the laws of the State of Delaware, without regard to its conflict of law rules. 

13.12 Stockholder Approval. The Plan or any increase in the maximum aggregate number of shares of Stock issuable thereunder as
provided in Section 4.1 (the “Authorized Shares”) shall be approved by a majority of the outstanding securities of the Company entitled to vote by the later of (a) a period beginning twelve (12) months before and
ending twelve (12) months after the date of adoption thereof by the Board or (b) the first issuance of any security pursuant to the Plan. Awards granted prior to security holder approval of the Plan or in excess of the Authorized Shares
previously approved by the security holders shall become exercisable no earlier than the date of security holder approval of the Plan or such increase in the Authorized Shares, as the case may be, and such Awards shall be rescinded if such security
holder approval is not received in the manner described in the preceding sentence. 

*                
*                 *                * 

  
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