Document:

Exhibit 10.5

    

    

    Cibus Corp.

    2019 Employee Stock Purchase Plan

    

    

    1.          Establishment, Purpose and Term of Plan.

    

    

    (a)          Establishment.  The Board adopted the Cibus Corp. 2019 Employee Stock Purchase Plan (the “Plan”) on ____________ __, 2019 (the “Effective Date”), subject to Stockholder approval, which was received on ____________ __, 2019.

    

    

    (b)          Purpose.  The purpose of the Plan is to provide Eligible Employees with an opportunity to acquire a proprietary interest in the future of the Company through the purchase of shares of Common Stock.  The Company
        intends that the Plan qualify as an “employee stock purchase plan” under Section 423 of the Code (including any amendments to such section) (“Section

          423”), and the Plan shall be so construed.  The Plan provides for both Section 423 and non-Section 423 components.

    

    

    (c)          Term of Plan.  The Plan shall continue in effect until the earliest of (i) its termination by the Committee, (ii) the issuance of all of the shares of Common Stock available for issuance under the Plan and (iii)
        the day before the ten year anniversary of the Effective Date.

    

    

    2.          Definitions and Construction.

    

    

    (a)          Definitions.  Any term not expressly defined in the Plan but defined for purposes of Section 423 shall have the same definition herein.  Whenever used herein, the following terms shall have their respective
        meanings set forth below:

    

    

    (i)          “Administrator” means the Committee or officer or employee of the Company to whom
        the Committee has delegated its authority under the Plan, to the extent permitted by applicable law.

    

    

    (ii)          “Affiliate” means any Person that directly or indirectly controls, is controlled by, or is under common control with the Company.  The term “control” (including, with the correlative meaning,
        the terms “controlled by” and “under common control with”), as applied to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the
        ownership of voting or other securities, by contract, or otherwise.

    

    

    (iii)          “Board” means the Board of Directors of the Company.

    

    

    (iv)          “Business Day” means any day on which the national stock exchange on which the shares of Common Stock are traded is available and open for trading.

    

    

    (v)          “Change of Control” will be deemed to have occurred upon the occurrence (after the Effective Date) of any of the following events:

    

    

    (A)          any individual, entity or group (within the meaning of
        Section 13(d)(3) or 14(d)(2) of the Exchange Act) (a “Person”) becomes the beneficial owner (within the meaning of Rule 13d-3 promulgated
        under the Exchange Act) of 35% or more of either (I) the then-outstanding shares of Common Stock (the “Outstanding Company Common Stock”)
        or (II) the combined voting power of the then-outstanding voting securities of the Company entitled to vote generally in the election of directors (the “Outstanding Company Voting Securities”); provided, however, that, for
        purposes of this definition, the following acquisitions shall not constitute a Change of Control: (1) any acquisition directly from the Company, (2) any acquisition by the Company, (3) any acquisition by any employee benefit plan (or related trust)
        sponsored or maintained by the Company or any Affiliate or (4) any acquisition pursuant to a transaction that complies with Sections 2(a)(vii)(C)(I), (a)(vii)(C)(II) and (a)(vii)(C)(III) below;

    
      
        

    

    
    

    

    (B)          individuals who, as of the Effective Date, constitute
        the Board (the “Incumbent Board”) cease for any reason to constitute at least a majority of the Board; provided, however, that any individual becoming a director subsequent to the Effective Date whose election, or nomination
        for election by the Stockholders, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board (either by specific vote or by approval of the proxy statement of the Company in which such individual is named as
        a nominee for director, without objection to such nomination) shall be considered as though such individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a
        result of an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board;

    

    

    (C)          consummation of a reorganization, merger, statutory
        share exchange or consolidation or similar transaction involving the Company or any of its subsidiaries, a sale or other disposition of all or substantially all of the assets of the Company, or the acquisition of assets or securities of another
        entity by the Company or any of its subsidiaries (each, a “Business Combination”), in each case unless, following such Business
        Combination, (I) all or substantially all of the individuals and entities that were the beneficial owners of the Outstanding Company Common Stock and the Outstanding Company Voting Securities immediately prior to such Business Combination
        beneficially own, directly or indirectly, more than 50% of the then-outstanding shares of Common Stock (or, for a non-corporate entity, equivalent securities) and the combined voting power of the then-outstanding voting securities entitled to vote
        generally in the election of directors (or, for a non-corporate entity, equivalent governing body), as the case may be, of the entity resulting from such Business Combination (including, without limitation, an entity that, as a result of such
        transaction, owns the Company or all or substantially all of the Company’s assets either directly or through one or more subsidiaries) in substantially the same proportions as their ownership immediately prior to such Business Combination of the
        Outstanding Company Common Stock and the Outstanding Company Voting Securities, as the case may be, (II) no Person (excluding any entity resulting from such Business Combination or any employee benefit plan (or related trust) of the Company or such
        entity resulting from such Business Combination) beneficially owns, directly or indirectly, 35% or more of, respectively, the then-outstanding shares of Common Stock (or, for a non-corporate entity, equivalent securities) of the entity resulting
        from such Business Combination or the combined voting power of the then-outstanding voting securities of such entity, except to the extent that such ownership existed prior to the Business Combination, and (III) at least a majority of the members
        of the board of directors (or, for a non-corporate entity, equivalent governing body) of the entity resulting from such Business Combination were members of the Incumbent Board at the time of the execution of the initial agreement or of the action
        of the Board providing for such Business Combination; or

    
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    (D)          approval by the Stockholders of a complete liquidation
        or dissolution of the Company.

    

    

    (vi)          “Code” means the U.S. Internal Revenue Code of 1986, as amended and in effect from time to time, or any successor thereto, together with rules, regulations, and interpretations promulgated
        thereunder. Where the context so requires, any reference to a particular Code section will be construed to refer to the successor provision to such Code section.

    

    

    (vii)          “Committee” means the Compensation Committee of the Board or such other committee or subcommittee of the Board, if any, duly appointed to administer the Plan and having such powers in each
        instance as shall be specified by the Board.  If, at any time, there is no committee of the Board then authorized or properly constituted to administer the Plan, the Board shall exercise all of the powers of the Committee granted herein, and, in
        any event, the Board may in its discretion exercise any or all of such powers.

    

    

    (viii)          “Common Stock” means the Class A common stock of the Company, par value of $0.00001 per share, or any security into which such common stock may be changed by reason of any transaction or
        event of the type referred to in Section 4(b) of this Plan.

    

    

    (ix)          “Company” means Cibus Corp., a Delaware corporation, and its successors.

    

    

    (x)          “Compensation” means, with respect to any Offering Period, base wages or salary, overtime, shift differentials, payments for paid time off, and payments in lieu of notice.  Compensation shall
        be limited to amounts actually payable in cash during the Offering Period.  Compensation shall not include moving allowances, payments pursuant to a severance agreement, termination pay, relocation payments, bonuses, commissions, compensation
        deferred under any program or plan, including, without limitation, pursuant to Section 401(k) or Section 125 of the Code, any amounts directly or indirectly paid pursuant to the Plan or any other stock purchase, stock option or other stock-based
        compensation plan, or any other compensation not included above.

    

    

    (xi)          “Eligible Employee” means an Employee who meets the eligibility requirements set forth in Section 5
        of the Plan.

    

    

    (xii)          “Employee” means a person treated as an employee of a Participating Company for purposes of Section 423.  A Participant shall be deemed to have ceased to be an Employee either upon an
        actual termination of employment or upon the corporation employing the Participant ceasing to be a Participating Company.  For purposes of the Plan, an individual shall not be deemed to have ceased to be an Employee while on any military leave,
        sick leave, or other bona fide leave of absence approved by the Company.

    

    

    (xiii)          “Exchange Act” means the Securities Exchange Act of 1934, as amended and in effect from time to time, or any successor thereto, together with rules, regulations, and interpretations
        promulgated thereunder.  Where the context so requires, any reference to a particular Exchange Act section will be construed to refer to the successor provision to such Exchange Act section.

    
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    (xiv)          “Fair Market Value” means on any given date, the closing price per share of Common Stock as reported for such day by the principal exchange or trading market on which the shares of Common
        Stock are traded (as determined by the Administrator) or, if the shares of Common Stock were not traded on such date, on the next preceding day on which the shares of Common Stock were traded.  If the shares of Common Stock are not listed on a
        stock exchange or if trading activities for the shares of Common Stock are not reported, the Fair Market Value will be determined by the Board or an Administrator, consistent with applicable legal requirements (including, if applicable, the
        requirements of Section 409A of the Code).

    

    

    (xv)          “Non-United States Offering” means a separate Offering covering Eligible Employees of one or more Participating Companies, as described in Sections 3(c), 3(d), and 11(a)(ii).

    

    

    (xvi)          “Offering” means an offering of the shares of Common Stock pursuant to the Plan, as provided in Section

            6.  More than one Offering may run concurrently, the terms of which need not be the same, as permitted under Section 423.

    

    

    (xvii)          “Offering Date” means, for any Offering Period, the first day of such Offering Period.

    

    

    (xviii)          “Offering Period” means a period, established by the Committee in accordance with Section 6,
        during which an Offering is outstanding.

    

    

    (xix)          “Officer” means any person designated by the Board as an officer of the Company.

    

    

    (xx)          “Parent” means any present or future “parent corporation” of the Company, as defined in Section 424(e) of the Code.

    

    

    (xxi)          “Participant” means an Eligible Employee who has become a participant in an Offering Period in accordance with Section 7 and remains a participant in accordance with the Plan.

    

    

    (xxii)          “Participating Company” means the Company and any Parent or Subsidiary designated by the Committee as a corporation the Employees of which may, if Eligible Employees, participate in the
        Plan.  The Committee shall have the discretion to determine from time to time which Parents or Subsidiaries shall be Participating Companies.

    

    

    (xxiii)          “Participating Company Group” means, at any point in time, the Company and all other corporations collectively which are then Participating Companies.

    

    

    (xxiv)          “Purchase Date” means, for any Offering Period, the last day of such Offering Period, or, if so determined by the Committee, the last day of each Purchase Period occurring within such
        Offering Period.

    

    

    (xxv)          “Purchase Period” means a period, established by the Committee in accordance with Section 6,
        included within an Offering Period and on the final date of which outstanding Purchase Rights are exercised.

    
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    (xxvi)          “Purchase Price” means the price at which a share of Common Stock may be purchased under the Plan, as determined in accordance with Section 9.

    

    

    (xxvii)          “Purchase Right” means an option granted to a Participant pursuant to the Plan to purchase such shares of Common Stock as provided in Section 8, which the Participant may or may not exercise during the Offering Period in which such option is outstanding.  Such option arises from the right of a Participant to withdraw any payroll
        deductions or other funds accumulated on behalf of the Participant and not previously applied to the purchase of shares of Common Stock under the Plan, and to terminate participation in the Plan at any time during an Offering Period.

    

    

    (xxviii)          “Securities Act” means the U.S. Securities Act of 1933, as amended.

    

    

    (xxix)          “Stockholder” means an individual or entity that owns one or more shares of Common Stock.

    

    

    (xxx)          “Subscription Agreement” means a written or electronic agreement, in such form as is specified by the Company, stating an Employee’s election to participate in the Plan and authorizing
        payroll deductions under the Plan from the Employee’s Compensation or other method of payment authorized by the Committee pursuant to Section 11(a)(ii).

    

    

    (xxxi)          “Subscription Date” means the last Business Day prior to the Offering Date of an Offering Period or such earlier date as the Company shall establish.

    

    

    (xxxii)          “Subsidiary” means any present or future “subsidiary corporation” of the Company, as defined in Section 424(f) of the Code.

    

    

    (b)          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.

    

    

    3.          Administration.

    

    

    (a)          Administration by the Committee.  The Plan shall be administered by the Committee.  All questions of interpretation of the Plan, of any form of agreement or other document employed by the Company in the
        administration of the Plan, or of any Purchase Right shall be determined by the Committee, and such determinations shall be final, binding and conclusive upon all persons having an interest in the Plan or the Purchase Right, unless fraudulent or
        made in bad faith.  Subject to the provisions of the Plan, the Committee shall determine all of the relevant terms and conditions of Purchase Rights; provided, however, that all Participants granted Purchase Rights pursuant to an Offering shall have the same rights and privileges within the meaning of Section 423(b)(5) of the Code. 
        Any and all actions, decisions and determinations taken or made by the Committee in the exercise of its discretion pursuant to the Plan or any agreement thereunder (other than determining questions of interpretation pursuant to the second sentence
        of this Section 3(a)) shall be final, binding and conclusive upon all persons having an interest therein.  All expenses reasonably incurred by the
        Company in the administration of the Plan shall be paid by the Company.

    
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    (b)          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 that is the responsibility of or that is
        allocated to the Company herein, provided that the Officer has actual authority with respect to such matter, right, obligation, determination or election.

    

    

    (c)          Power to Adopt Sub-Plans or Varying Terms with Respect to Non-U.S. Employees.  The Committee shall have the power, in its discretion, to adopt one or more sub-plans of the Plan as the Committee deems necessary
        or desirable to comply with the laws or regulations, tax policy, accounting principles or custom of foreign jurisdictions applicable to employees of a subsidiary business entity of the Company, provided that any such sub-plan shall not be within
        the scope of an “employee stock purchase plan” within the meaning of Section 423.  Any of the provisions of any such sub-plan may supersede the provisions of this Plan, other than Section 4.  Except as superseded by the provisions of a sub-plan, the provisions of this Plan shall govern such sub-plan.  Alternatively and in order to comply with the laws of a foreign jurisdiction, the
        Committee shall have the power, in its discretion, to grant Purchase Rights in an Offering to citizens or residents of a non-U.S. jurisdiction (without regard to whether they are also citizens of the United States or resident aliens) that provide
        terms which are less favorable than or different from the terms of Purchase Rights granted under the same Offering to Employees resident in the United States.

    

    

    (d)          Power to Establish Separate Offerings with Varying Terms.  The Committee shall have the power, in its discretion, to establish separate, simultaneous or overlapping Offerings having different terms and
        conditions and to designate the Participating Company or Companies that may participate in a particular Offering, provided that each Offering shall individually comply with the terms of the Plan and the requirements of Section 423(b)(5) of the Code
        that all Participants granted Purchase Rights pursuant to such Offering shall have the same rights and privileges within the meaning of such section.

    

    

    (e)          Policies and Procedures Established by the Company.  Without regard to whether any Participant’s Purchase Right may be considered adversely affected, the Company may, from time to time, consistent with the Plan
        and the requirements of Section 423, establish, change or terminate such rules, guidelines, policies, procedures, limitations, or adjustments as deemed advisable by the Company, in its discretion, for the proper administration of the Plan,
        including, without limitation, (i) a minimum payroll deduction amount required for participation in an Offering, (ii) a limitation on the frequency or number of changes permitted in the rate of payroll deduction during an Offering, (iii) an
        exchange ratio applicable to amounts withheld or paid in a currency other than United States dollars, (iv) a payroll deduction greater than or less than the amount designated by a Participant in order to adjust for the Company’s delay or mistake in
        processing a Subscription Agreement or in otherwise effecting a Participant’s election under the Plan or as advisable to comply with the requirements of Section 423, and (v) determination of the date and manner by which the Fair Market Value of a
        share of Common Stock is determined for purposes of administration of the Plan.  All such actions by the Company shall be taken consistent with the requirements under Section 423(b)(5) of the Code that all Participants granted Purchase Rights
        pursuant to an Offering shall have the same rights and privileges within the meaning of such section, except as otherwise permitted by Section 3(c) and
        the regulations under Section 423.

    
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    (f)          Indemnification.  In addition to such other rights of indemnification as they may have as members of the Board or the Committee or as officers or employees of the Participating Company Group, to the extent
        permitted by applicable law, members of the Board or the Committee and any officers or employees of the Participating Company Group to whom authority to act for the Board, the Committee 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 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.

    

    

    (a)          Maximum Number of Shares Issuable.  Subject to adjustment as provided in Section 4(b), the maximum aggregate
        number of shares of Common Stock that may be issued under the Plan shall be 233,333 and shall consist of authorized but unissued or reacquired shares of Common Stock, shares of Common Stock purchased on the open market, or any combination thereof;
        provided, however, that this maximum share limit will automatically increase on January 1 of
        each year, for a period of not more than ten years, commencing on January 1 of the year following the year in which the Effective Date occurs and ending on (and including) January 1, 2029, in an amount equal to 1% of the total number of shares of
        Common Stock outstanding on December 31st of the preceding calendar year, and further, provided, that the Board may act prior to January 1 of a given year to provide that there will be no January 1st increase in the maximum share limit for such
        year or that the increase in the maximum share limit for such year will be a lesser number of shares of Common Stock than would otherwise occur pursuant to the preceding clause.  If an outstanding Purchase Right for any reason expires or is
        terminated or canceled, the shares of Common Stock allocable to the unexercised portion of that Purchase Right shall again be available for issuance under the Plan.

    

    

    (b)          Adjustments for Changes in Capital Structure.  Subject to any required action by the Stockholders and the requirements of Section 424 of the Code to the extent applicable, in the event of any change in the
        shares of Common 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 in a form other than shares of Common Stock
        (excepting regular, periodic cash dividends) that has a material effect on the Fair Market Value of the shares of Common Stock, appropriate and proportionate adjustments shall be made in the number and kind of shares subject to the Plan, the limit
        on the shares which may be purchased by any Participant during an Offering (as described in Sections 8(a) and 8(b)) and each Purchase Right, and in the Purchase Price 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
        Purchase Rights are exchanged for, converted into, or otherwise become (whether or not pursuant to a Change of Control) shares of another corporation (the “New Shares”), the Committee may unilaterally amend
        the outstanding Purchase Rights to provide that such Purchase Rights are for New Shares.  In the event of any such amendment, the number of shares subject to, and the exercise price per share of, the outstanding Purchase Rights shall be adjusted in
        a fair and equitable manner as determined by the Committee, in its discretion.  Any fractional share resulting from an adjustment pursuant to this Section shall be rounded down to the nearest whole number, and in no event may the Purchase Price be
        decreased to an amount less than the par value, if any, of the shares of Common Stock subject to the Purchase Right.  The adjustments determined by the Committee pursuant to this Section 4(b) shall be final, binding and conclusive.

    
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    5.          Eligibility.

    

    

    (a)          Employees Eligible to Participate.  Each Employee of a Participating Company is eligible to participate in the Plan and shall be deemed an Eligible Employee, except the following:

    

    

    (i)          Any Employee who has been employed by the Participating
        Company Group for a period of less than 180 days as of the first day of an Offering Period;

    

    

    (ii)          Any Employee who is customarily employed by the
        Participating Company Group for 20 hours or less per week; or

    

    

    (iii)          Any Employee who is customarily employed by the
        Participating Company Group for not more than five months in any calendar year.

    

    

    (b)          Exclusion of Certain Stockholders.  Notwithstanding any provision of the Plan to the contrary, no Employee shall be treated as an Eligible Employee and granted a Purchase Right under the Plan if, immediately
        after such grant, the Employee would own, or hold options to purchase, shares of the Company or of any Parent or Subsidiary possessing 5% or more of the total combined voting power or value of all classes of shares of such corporation, as
        determined in accordance with Section 423(b)(3) of the Code.  For purposes of this Section 5(b), the attribution rules of Section 424(d) of the Code
        shall apply in determining the share ownership of such Employee.

    

    

    (c)          Determination by Company.  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 or an Eligible Employee and the
        effective date of such individual’s attainment or termination of such status, as the case may be.  For purposes of an individual’s participation in or other rights, if any, under 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.  In addition, the Administrator may, for Offering Periods that have not yet commenced, establish additional eligibility requirements not inconsistent with Section 423.

    
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    6.          Offerings.

    

    

    The Plan shall be implemented by sequential Offerings of approximately six months duration or such other duration as the Committee shall
        determine.  Offering Periods shall commence and end on dates determined by the Administrator.  Notwithstanding the foregoing, the Committee may establish additional or alternative concurrent, sequential or overlapping Offering Periods, a different
        duration for one or more Offering Periods or different commencing or ending dates for such Offering Periods; provided, however, that no Offering Period may have a duration exceeding 27 months.  If the Committee shall so determine in its discretion, each Offering Period may consist of two or more consecutive Purchase Periods having such
        duration as the Committee shall specify, and the last day of each such Purchase Period shall be a Purchase Date.  If the first or last day of an Offering Period or a Purchase Period is not a Business Day, the Company shall specify the Business Day
        that will be deemed the first or last day, as the case may be, of the Offering Period or Purchase Period.

    

    

    7.          Participation in the Plan.

    

    

    (a)          Initial Participation.  An Eligible Employee may become a Participant in an Offering Period by delivering a properly completed written or electronic Subscription Agreement to the Company office or representative
        designated by the Company (including the Administrator) not later than the close of business on the Subscription Date established by the Company for that Offering Period.  An Eligible Employee who does not deliver a properly completed Subscription
        Agreement in the manner permitted or required on or before the Subscription Date for an Offering Period shall not participate in the Plan for that Offering Period or for any subsequent Offering Period unless the Eligible Employee subsequently
        delivers a properly completed Subscription Agreement to the appropriate Company office or representative on or before the Subscription Date for such subsequent Offering Period.  An Employee who becomes an Eligible Employee after the Offering Date
        of an Offering Period shall not be eligible to participate in that Offering Period but may participate in any subsequent Offering Period provided the Employee is still an Eligible Employee as of the Offering Date of such subsequent Offering Period.

    

    

    (b)          Continued Participation.  A Participant shall automatically participate in the next Offering Period commencing immediately after the final Purchase Date of each Offering Period in which the Participant
        participates provided that the Participant remains an Eligible Employee on the Offering Date of the new Offering Period and has not either (i) withdrawn from the Plan pursuant to Section 12(a), or (ii) terminated employment or otherwise ceased to be an Eligible Employee as provided in Section 13. 

        A Participant who may automatically participate in a subsequent Offering Period, as provided in this Section, is not required to deliver any additional Subscription Agreement for the subsequent Offering Period in order to continue participation in
        the Plan.  However, a Participant may deliver a new Subscription Agreement for a subsequent Offering Period in accordance with the procedures set forth in Section
            7(a) if the Participant desires to change any of the elections contained in the Participant’s then effective Subscription Agreement.

    
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    8.          Right to Purchase Shares.

    

    

    (a)          Grant of Purchase Right.  Except as otherwise provided below, on the Offering Date of each Offering Period, each Participant in such Offering Period shall be granted automatically a Purchase Right consisting of
        an option to purchase no more than 5,000 shares.  The Committee may, in its discretion and prior to the Offering Date of any Offering Period, change the maximum aggregate number of shares that may be purchased by all Participants in an Offering or
        on any Purchase Date within an Offering Period.  No Purchase Right shall be granted on an Offering Date to any person who is not, on such Offering Date, an Eligible Employee.

    

    

    (b)          Calendar Year Purchase Limitation.  Notwithstanding any provision of the Plan to the contrary, no Participant shall be granted a Purchase Right which permits his or her right to purchase shares of Common Stock
        under the Plan to accrue at a rate which, when aggregated with such Participant’s rights to purchase shares under all other employee stock purchase plans of a Participating Company intended to meet the requirements of Section 423, exceeds $25,000
        in Fair Market Value (or such other limit, if any, as may be imposed by the Code) for each calendar year in which such Purchase Right is outstanding at any time.  For purposes of the preceding sentence, the Fair Market Value of shares purchased
        during a given Offering Period shall be determined as of the Offering Date for such Offering Period.  The limitation described in this Section shall be applied in conformance with Section 423(b)(8) of the Code and the regulations thereunder.

    

    

    9.          Purchase Price.

    

    

    The Purchase Price at which each share of Common Stock may be acquired in an Offering Period upon the exercise of all or any portion of a
        Purchase Right shall be established by the Committee; provided, however, that the Purchase
        Price on each Purchase Date shall not be less than 85% of the lesser of (a) the Fair Market Value of a share of Common Stock on the Offering Date of the Offering Period or (b) the Fair Market Value of a share of Common Stock on the Purchase Date.

    

    

    10.          Accumulation of Purchase Price through Payroll Deduction.

    

    

    Except as provided in Section 11(a)(ii)
        with respect to a Non-United States Offering, shares of Common Stock acquired pursuant to the exercise of all or any portion of a Purchase Right may be paid for only by means of payroll deductions from the Participant’s Compensation accumulated
        during the Offering Period for which such Purchase Right was granted, subject to the following:

    

    

    (a)          Amount of Payroll Deductions.  Except as otherwise provided herein, the amount to be deducted under the Plan from a Participant’s Compensation on each pay day during an Offering Period shall be determined by the
        Participant’s Subscription Agreement.  For Non-United States Offerings, a Participant’s payroll deduction from his or her Compensation will be in the applicable local currency and will be converted into United States dollars based upon the exchange
        rate in effect on the Purchase Date.  The Subscription Agreement shall set forth the percentage or dollar amount of the Participant’s Compensation to be deducted on each pay day during an Offering Period in whole percentages or dollars equivalent
        to not less than 1% (except as a result of an election pursuant to Section 10(c) to stop payroll deductions effective following the first pay day
        during an Offering) or more than 15%.  Notwithstanding the foregoing, a Participant’s payroll deductions for each calendar year may not exceed $21,250 in Fair Market Value.  The Committee may change the foregoing limits on payroll deductions
        effective as of any Offering Date.

    
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    (b)          Commencement of Payroll Deductions.  Payroll deductions shall commence on the first pay day following the Offering Date and shall continue to the end of the Offering Period unless sooner cancelled or terminated
        as provided herein.

    

    

    (c)          Election Stop Payroll Deductions.  During an Offering Period, a Participant may elect to stop deductions from his or her Compensation by delivering to the Company office or representative designated by the
        Company (including the Administrator) a cancellation notice in accordance with the procedures prescribed by, and in a form acceptable to, the Company.  To be effective with respect to an upcoming Purchase Date, such cancellation notice must be
        delivered not later than ten Business Days prior to such Purchase Date.  Upon such cancellation, the balance in the Participant’s Plan account will be returned to the Participant, without interest, as soon as administratively practicable
        thereafter.

    

    

    (d)          Administrative Suspension of Payroll Deductions.  The Company may, in its discretion, suspend a Participant’s payroll deductions under the Plan as the Company deems advisable to avoid accumulating payroll
        deductions in excess of the amount that could reasonably be anticipated to purchase the maximum number of shares of Common Stock permitted (i) under the Participant’s Purchase Right, or (ii) during a calendar year under the limit set forth in Section 8(b).  Unless the Participant has either withdrawn from the Plan as provided in Section 12(a) or has ceased to be an Eligible Employee, suspended payroll deductions shall be resumed at the rate specified in the Participant’s then effective Subscription Agreement either (A) at the beginning
        of the next Offering Period if the reason for suspension was clause (i) in the preceding sentence, or (B) at the beginning of the next Offering Period having a first Purchase Date that falls within the subsequent calendar year if the reason for
        suspension was clause (ii) in the preceding sentence.

    

    

    (e)          Participant Accounts.  Individual bookkeeping accounts shall be maintained for each Participant.  All payroll deductions from a Participant’s Compensation (and other amounts received from a non-United States
        Participant pursuant to Section 11(a)(ii)) shall be credited to such Participant’s Plan account and shall be deposited with the general funds of the
        Company unless otherwise required by applicable law.  All such amounts received or held by the Company may be used by the Company for any corporate purpose.

    

    

    (f)          No Interest Paid.  Interest shall not be paid on sums deducted from a Participant’s Compensation pursuant to the Plan or otherwise credited to the Participant’s Plan account unless otherwise required by
        applicable law.

    
      11

      
        

    

    

    

    11.          Purchase of Shares.

    

    

    (a)          Exercise of Purchase Right.

    

    

    (i)          Generally.  Except as provided in Section 11(a)(ii), on each Purchase Date of an Offering Period, each Participant
        who has not withdrawn from the Plan and whose participation in the Offering has not otherwise terminated before such Purchase Date shall automatically acquire pursuant to the exercise of the Participant’s Purchase Right the number of whole shares
        of Common Stock determined by dividing (a) the total amount of the Participant’s payroll deductions accumulated in the Participant’s Plan account during the Offering Period and not previously applied toward the purchase of shares of Common Stock by
        (b) the Purchase Price.  However, in no event shall the number of shares purchased by the Participant during an Offering Period exceed the number of shares subject to the Participant’s Purchase Right.  No shares of Common Stock shall be purchased
        on a Purchase Date on behalf of a Participant whose participation in the Offering or the Plan has terminated before such Purchase Date.

    

    

    (ii)          Purchase by Non-United States Participants for Whom Payroll Deductions Are Prohibited by Applicable Law.  Notwithstanding Section

            11(a)(i), where payroll deductions on behalf of Participants who are citizens or residents of countries other than the United States (without regard to whether they are also citizens of the United States or resident aliens) are
        prohibited by applicable law, the Committee may establish a separate Offering (a “Non-United States Offering”) covering all Eligible Employees of one or more Participating Companies subject to such
        prohibition on payroll deductions.  The Non-United States Offering shall provide another method for payment of the Purchase Price with such terms and conditions as shall be administratively convenient and comply with applicable law.  On each
        Purchase Date of the Offering Period applicable to a Non-United States Offering, each Participant who has not withdrawn from the Plan and whose participation in such Offering Period has not otherwise terminated before such Purchase Date shall
        automatically acquire pursuant to the exercise of the Participant’s Purchase Right a number of whole shares of Common Stock determined in accordance with Section
            11(a)(i) to the extent of the total amount of the Participant’s Plan account balance accumulated during the Offering Period in accordance with the method established by the Committee and not previously applied toward the purchase of
        shares of Common Stock.  However, in no event shall the number of shares purchased by a Participant during such Offering Period exceed the number of shares subject to the Participant’s Purchase Right.  The Company shall refund to a Participant in a
        Non-United States Offering in accordance with Section 11(d) any excess Purchase Price payment received from such Participant.

    

    

    (b)          Pro Rata Allocation of Shares.  If the number of shares of Common Stock which might be purchased by all Participants on a Purchase Date exceeds the number of shares of Common Stock available in the Plan as
        provided in Section 4(a) or the maximum aggregate number of shares of Common Stock that may be purchased on such Purchase Date pursuant to a limit
        established by the Committee pursuant to Section 8(a), the Company shall make a pro rata allocation of the shares available in as uniform a manner as
        practicable and as the Company determines to be equitable.  Any fractional share resulting from such pro rata allocation to any Participant shall be disregarded.

    

    

    (c)          Delivery of Title to Shares.  Subject to any governing rules or regulations, as soon as practicable after each Purchase Date, the Company shall issue or cause to be issued to or for the benefit of each
        Participant the shares of Common Stock acquired by the Participant on such Purchase Date by means of one or more of the following: (i) by delivering to the Participant evidence of book entry shares of Common Stock credited to the account of the
        Participant, (ii) by depositing such shares of Common Stock for the benefit of the Participant with any broker with which the Participant has an account relationship, or (iii) by delivering such shares of Common Stock to the Participant in
        certificate form.

    
      12

      
        

    

    

    

    (d)          Return of Plan Account Balance.  Any cash balance remaining in a Participant’s Plan account following any Purchase Date shall be refunded to the Participant as soon as practicable after such Purchase Date. 
        However, if the cash balance to be returned to a Participant pursuant to the preceding sentence is less than the amount that would have been necessary to purchase an additional whole share of Common Stock on such Purchase Date, the Company may
        retain the cash balance in the Participant’s Plan account to be applied toward the purchase of shares of Common Stock in the subsequent Purchase Period or Offering Period.

    

    

    (e)          Tax Withholding.  At the time a Participant’s Purchase Right is exercised, in whole or in part, or at the time a Participant disposes of some or all of the shares of Common Stock he or she acquires under the
        Plan, the Participant shall make adequate provision for the federal, state, local and foreign taxes (including social insurance), if any, required to be withheld by any Participating Company upon exercise of the Purchase Right or upon such
        disposition of shares, respectively.  A Participating Company may, but shall not be obligated to, withhold from the Participant’s compensation the amount necessary to meet such withholding obligations.

    

    

    (f)          Expiration of Purchase Right.  Any portion of a Participant’s Purchase Right remaining unexercised after the end of the Offering Period to which the Purchase Right relates shall expire immediately upon the end
        of the Offering Period.

    

    

    (g)          Provision of Reports and Stockholder Information to Participants.  Each Participant who has exercised all or part of his or her Purchase Right shall receive, as soon as practicable after the Purchase Date, a
        report of such Participant’s Plan account setting forth the total amount credited to his or her Plan account prior to such exercise, the number of shares of Common Stock purchased, the Purchase Price for such shares, the date of purchase and the
        cash balance, if any, remaining immediately after such purchase that is to be refunded or retained in the Participant’s Plan account pursuant to Section 11(d). 

        The report required by this Section may be delivered in such form and by such means, including by electronic transmission, as the Company may determine.  In addition, each Participant shall be provided information concerning the Company equivalent
        to that information provided generally to the Stockholders.

    

    

    12.          Withdrawal from Plan.

    

    

    (a)          Voluntary Withdrawal from the Plan.  A Participant may withdraw from the Plan by signing and delivering to the Company office or representative designated by the Company (including the Administrator) a written
        or electronic notice of withdrawal on a form provided by the Company for this purpose.  Such withdrawal may be elected at any time prior to the end of an Offering Period; provided,
        however, that if a Participant withdraws from the Plan after a Purchase Date, the withdrawal shall not affect shares of Common Stock acquired by the Participant on such
        Purchase Date.  A Participant who voluntarily withdraws from the Plan is prohibited from resuming participation in the Plan in the same Offering from which he or she withdrew, but may participate in any subsequent Offering by again satisfying the
        requirements of Sections 5 and 7(a).  The Company may
        impose, from time to time, a requirement that the notice of withdrawal from the Plan be on file with the Company office or representative designated by the Company for a reasonable period prior to the effectiveness of the Participant’s withdrawal.

    
      13

      
        

    

    

    

    (b)          Return of Plan Account Balance.  Upon a Participant’s voluntary withdrawal from the Plan pursuant to Section 12(a),
        the Participant’s accumulated Plan account balance which has not been applied toward the purchase of shares of Common Stock shall be refunded to the Participant as soon as practicable after the withdrawal, without the payment of any interest
        (unless otherwise required by applicable law), and the Participant’s interest in the Plan and the Offering shall terminate.  Such amounts to be refunded in accordance with this Section may not be applied to any other Offering under the Plan.

    

    

    13.          Termination of Employment or Eligibility.

    

    

    Upon a Participant’s ceasing, prior to a Purchase Date, to be an Employee of the Participating Company Group for any reason, including
        retirement, disability or death, or upon the failure of a Participant to remain an Eligible Employee, the Participant’s participation in the Plan shall terminate immediately.  In such event, the Participant’s Plan account balance which has not been
        applied toward the purchase of shares of Common Stock shall, as soon as practicable, be returned to the Participant or, in the case of the Participant’s death, to the Participant’s beneficiary designated in accordance with Section 20, if any, or legal representative, and all of the Participant’s rights under the Plan shall terminate.  Interest shall not be paid on sums returned pursuant to this
        Section 13 unless otherwise required by applicable law.  A Participant whose participation has been so terminated may again become eligible to
        participate in the Plan by satisfying the requirements of Sections 5 and 7(a).

    

    

    14.          Effect of Change of Control on Purchase Rights.

    

    

    In the event of a Change of Control, the surviving, continuing, successor, or purchasing corporation or parent thereof, as the case may be
        (the “Acquiring Corporation”), may, without the consent of any Participant, assume or continue the Company’s rights and obligations under outstanding Purchase Rights or substitute
        substantially equivalent purchase rights for the Acquiring Corporation’s stock.  If the Acquiring Corporation elects not to assume, continue or substitute for the outstanding Purchase Rights, the Purchase Date of the then current Offering Period
        shall be accelerated to a date before the date of the Change of Control specified by the Committee, but the number of shares of Common Stock subject to outstanding Purchase Rights shall not be adjusted.  All Purchase Rights which are neither
        assumed or continued by the Acquiring Corporation in connection with the Change of Control nor exercised as of the date of the Change of Control shall terminate and cease to be outstanding effective as of the date of the Change of Control.

    

    

    15.          Nontransferability of Purchase Rights.

    

    

    Neither payroll deductions or other amounts credited to a Participant’s Plan account nor a Participant’s Purchase Right may be assigned,
        transferred, pledged or otherwise disposed of in any manner other than as provided by the Plan or by will or the laws of descent and distribution.  (A beneficiary designation pursuant to Section 20 shall not be treated as a disposition for this purpose.)  Any such attempted assignment, transfer, pledge or other disposition shall be without effect, except that the Company may treat such
        act as an election to withdraw from the Plan as provided in Section 12(a).  A Purchase Right shall be exercisable during the lifetime of the
        Participant only by the Participant.

    
      14

      
        

    

    

    

    16.          Compliance with Securities Law.

    

    

    The issuance of shares under the Plan shall be subject to compliance with all applicable requirements of federal, state and foreign law
        with respect to such securities.  A Purchase Right may not be exercised if the issuance of shares upon such exercise would constitute a violation of any applicable federal, state or foreign securities laws or other law or regulations or the
        requirements of any securities exchange or market system upon which the shares of Common Stock may then be listed.  In addition, no Purchase Right may be exercised unless (a) a registration statement under the Securities Act shall at the time of
        exercise of the Purchase Right be in effect with respect to the shares issuable upon exercise of the Purchase Right, or (b) in the opinion of legal counsel to the Company, the shares issuable upon exercise of the Purchase Right 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 under the Plan 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 the exercise of a Purchase Right, 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.

    

    

    17.          Rights as a Stockholder and Employee.

    

    

    A Participant shall have no rights as a Stockholder by virtue of the Participant’s participation in the Plan until the date of the issuance
        of the shares of Common Stock purchased pursuant to the exercise of the Participant’s Purchase Right (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(b). 

        Nothing herein shall confer upon a Participant any right to continue in the employ of the Participating Company Group or interfere in any way with any right of the Participating Company Group to terminate the Participant’s employment at any time.

    

    

    18.          Notification of Disposition of Shares.

    

    

    The Company may require the Participant to give the Company prompt notice of any disposition of shares of Common Stock acquired by exercise
        of a Purchase Right.  The Company may require that until such time as a Participant disposes of shares of Common Stock acquired upon exercise of a Purchase Right, the Participant shall hold all such shares in the Participant’s name until the later
        of two years after the date of grant of such Purchase Right or one year after the date of exercise of such Purchase Right.  The Company may direct that the certificates evidencing shares of Common Stock acquired by exercise of a Purchase Right
        refer to such requirement to give prompt notice of disposition.

    
      15

      
        

    

    

    

    19.          Legends.

    

    

    The Company may at any time place legends or other identifying symbols referencing any applicable federal, state or foreign securities law
        restrictions or any provision convenient in the administration of the Plan on some or all of the certificates representing shares of Common Stock issued under the Plan.  The Participant shall, at the request of the Company, promptly present to the
        Company any and all certificates representing shares acquired pursuant to a Purchase Right in the possession of the Participant in order to carry out the provisions of this Section.  Unless otherwise specified by the Company, legends placed on such
        certificates may include, but shall not be limited to the following:

    

    

    “THE SHARES EVIDENCED BY THIS CERTIFICATE WERE ISSUED BY THE CORPORATION TO THE REGISTERED HOLDER UPON THE PURCHASE OF SHARES UNDER AN
        EMPLOYEE STOCK PURCHASE PLAN AS DEFINED IN SECTION 423 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.  THE TRANSFER AGENT FOR THE SHARES EVIDENCED HEREBY SHALL NOTIFY THE CORPORATION IMMEDIATELY OF ANY TRANSFER OF THE SHARES BY THE REGISTERED
        HOLDER HEREOF.  THE REGISTERED HOLDER SHALL HOLD ALL SHARES PURCHASED UNDER THE PLAN IN THE REGISTERED HOLDER’S NAME (AND NOT IN THE NAME OF ANY NOMINEE).”

    

    

    20.          Designation of Beneficiary.

    

    

    (a)          Designation Procedure.  Subject to local laws and procedures, a Participant may file a written designation of a beneficiary who is to receive (i) shares and cash, if any, from the Participant’s Plan account if
        the Participant dies subsequent to a Purchase Date but prior to delivery to the Participant of such shares and cash, or (ii) cash, if any, from the Participant’s Plan account if the Participant dies prior to the exercise of the Participant’s
        Purchase Right.  If a married Participant designates a beneficiary other than the Participant’s spouse, the effectiveness of such designation may be subject to the consent of the Participant’s spouse.  A Participant may change his or her
        beneficiary designation at any time by written notice to the Company.

    

    

    (b)          Absence of Beneficiary Designation.  If a Participant dies without an effective designation pursuant to Section 20(a)
        of a beneficiary who is living at the time of the Participant’s death, the Company shall deliver any shares or cash credited to the Participant’s Plan account to the Participant’s legal representative or as otherwise required by applicable law.

    

    

    21.          Notices.

    

    

    All notices or other communications by a Participant to the Company under or in connection with the Plan shall be deemed to have been duly
        given when received in the form specified by the Company at the location, or by the person, designated by the Company for the receipt thereof.

    

    

    22.          Governing law.

    

    

    The Plan will be governed by and interpreted consistently with the laws of the State of Delaware, except as may be necessary to comply with
        applicable requirements of federal law.

    
      16

      
        

    

    

    

    

    

    23.          Amendment and Termination of the Plan.

    

    

    (a)          The Committee may at any time amend, suspend or
        terminate the Plan, except that (a) no such amendment, suspension or termination shall affect Purchase Rights previously granted under the Plan unless expressly provided by the Committee, and (b) no such amendment, suspension or termination may
        materially adversely affect a Purchase Right previously granted under the Plan without the consent of the Participant, except to the extent permitted by the Plan or as may be necessary to qualify the Plan as an employee stock purchase plan pursuant
        to Section 423 or to comply with any applicable law, regulation or rule.  In addition, an amendment to the Plan must be approved by the Stockholders within 12 months of the adoption of such amendment if such amendment would authorize the sale of
        more shares than are then authorized for issuance under the Plan or would change the definition of the corporations that may be designated by the Committee as Participating Companies. Notwithstanding the foregoing, in the event that the Committee
        determines that continuation of the Plan or an Offering would result in unfavorable financial accounting consequences to the Company, the Committee may, in its discretion and without the consent of any Participant, including with respect to an
        Offering Period then in progress: (i) terminate the Plan or any Offering Period, (ii) accelerate the Purchase Date of any Offering Period, (iii) reduce the discount or the method of determining the Purchase Price in any Offering Period (e.g., by
        determining the Purchase Price solely on the basis of the Fair Market Value on the Purchase Date), (iv) reduce the maximum number of shares of Common Stock that may be purchased in any Offering Period, or (v) take any combination of the foregoing
        actions.

    

    

  

  17Exhibit 10.8

    

  

   

  

  
    EXECUTIVE EMPLOYMENT AGREEMENT

    

    

    This Executive Employment Agreement (“Agreement”), dated 11/15/18 (“Effective Date”), is between Cibus Global Ltd, a British Virgin Islands business company
        (the “Company”) and Gregory F. Gocal, Ph.D. (“Executive”).

    

    

    
      
        	1.	
                POSITION, RESPONSIBILITIES, AND TERM

              

      

    

    

    

    a.          Position.  Executive is employed by the Company to render services to the Company in the position of Chief Scientific Officer and Executive Vice President.  Executive shall perform such
        duties and responsibilities as are normally related to such position in accordance with the standards of the industry and any additional duties now or hereafter assigned to Executive by Executive’s supervisor and/or the Company’s Board of Directors
        (“Board”) (“Services”).  Executive shall abide by the rules, regulations, and practices as adopted or modified from time to time in the Company’s sole discretion.  Executive will devote Executive’s full time efforts to the provision of Services
        under this Agreement.

    

    

    b.          Other Activities.  Except upon the prior written consent of the Company, Executive will not, during the term of this Agreement:  (i) be employed elsewhere; (ii) engage, directly or
        indirectly, in any other business activity (whether or not pursued for pecuniary advantage) that might interfere with Executive’s duties and responsibilities hereunder or create a conflict of interest with the Company; or (iii) acquire any interest
        of any type in any other business which is in competition with the Company, provided, however, that the foregoing shall not be deemed to prohibit the Executive from acquiring solely as an investment up to five percent (5%) of the outstanding equity
        interests of any publicly-held company.

    

    

    c.          No Conflict.  Executive represents and warrants that Executive’s execution of this Agreement and performance of Services under this Agreement will not violate any obligations Executive
        may have to any other employer, person or entity, including any obligations to keep in confidence proprietary information, knowledge, or data acquired by Executive in confidence or in trust prior to becoming an employee of the Company (excluding
        neurology and neurologic applications).

    

    

    d.          Term of Employment.  The initial term of this Agreement shall be for a period of (i) four (4) years after the Effective Date of this Agreement (“Initial Term”); or (ii) the date upon
        which Executive’s employment is terminated in accordance with Section 3.  This Agreement shall be automatically renewed for additional one (1) year terms (each an “Extension Term”) upon the expiration of the Initial Term and each Extension Term,
        unless either party gives the other party a written notice of termination not less than thirty (30) days prior to the date of expiration of the Initial Term or any Extension Term (together, the Initial Term and all Extension Terms are referred to
        herein as the “Term”).  Where the Agreement is terminated upon notice and the expiration of the Initial Term or an Extension Term, the Company shall pay to Executive all compensation to which Executive is entitled up through the effective date of
        termination according to its normal payroll practices, and the Company shall not have any further obligations under this Agreement.

    
      1

      
        

    

    
      
        	2.	
                COMPENSATION AND BENEFITS

              

      

    

    

    

    a.          Base Salary.  In consideration of the Services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of three hundred twenty seven thousand
        ($327,000) per year, less applicable withholdings (“Base Salary”).  The Base Salary shall be paid in accordance with the Company’s normal payroll practices.  Executive’s Base Salary will be reviewed from time to time in accordance with the
        established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

    

    

    b.          Annual Bonus.  In further consideration of the Services to be rendered under this Agreement, Executive shall be eligible to receive an annual bonus to the extent an executive bonus plan
        is subsequently adopted by the Board (“Annual Bonus”).  Any Annual Bonus earned by Executive will be paid within two-and-one-half months of the end of the year in which it was earned.  Executive must remain employed with the Company through the end
        of the calendar year at issue in order to be eligible to receive the Annual Bonus.

    

    

    c.          Stock Option.  In further consideration of the Services to be rendered under this Agreement, Executive shall be eligible to receive a stock option grant to the extent a stock option plan
        is subsequently adopted by the Board (“Stock Option”).  If granted, Executive’s entitlement to any such Stock Option is conditioned upon Executive’s signing of the Company’s stock option agreement and is subject to its terms and the terms of the
        applicable employee stock option plan and related documents adopted by the Board, except as expressly provided herein.

    

    

    d.          Employment Benefits Plans.  In further consideration of the Services to be rendered under this Agreement, Executive will be entitled to participate in pension, profit sharing and other
        retirement plans, incentive compensation plans, group health, hospitalization and disability or other insurance plans, and other employee welfare benefit plans generally made available to other similarly-situated employees of the Company, in
        accordance with the benefit plans established by the Company, and as may be amended from time to time in the Company’s sole discretion.

    

    

    e.          Vacation.  Executive shall be eligible to receive paid vacation subject to the policies and procedures in the Company’s Employee Handbook, as may be amended from time to time in the
        Company’s sole discretion.

    

    

    f.          Expenses.  The Company will pay or reimburse Executive for all normal and reasonable travel and entertainment expenses incurred by Executive in connection with Executive’s
        responsibilities to the Company upon submission of proper vouchers and documentation in accordance with the Company’s expense reimbursement policy.

    

    

    
      
        	3.	
                AT-WILL EMPLOYMENT

              

      

    

    

    

    The employment of Executive shall be “at-will” at all times.  The Company or Executive may terminate Executive’s employment with the Company at any time,
        without any advance notice, for any reason or no reason at all, notwithstanding anything to the contrary contained in or arising from any statements, policies or practices of the Company relating to the employment, discipline or termination of its
        employees.  Following the termination of Executive’s employment, the Company shall pay to Executive all compensation to which Executive is entitled up through the date of termination.  Thereafter, all obligations of the Company under this Agreement
        shall cease other than those set forth in Section 4.

    
      2

      
        

    

    
      
        	4.	
                COMPANY TERMINATION OBLIGATIONS

              

      

    

    

    

    a.          Termination by Company for Cause.  Where the Company terminates Executive’s employment for Cause, all obligations of the Company under this Agreement shall cease, other than those set
        forth in Section 3.  For purposes of this Agreement, “Cause” shall mean:  (i) Executive engages in a material act of misconduct, including but not limited to misappropriation of trade secrets, fraud, or embezzlement; (ii) Executive commits a crime
        involving dishonesty, breach of trust, or physical harm to any person; (iii) Executive breaches this Agreement; (iv) Executive refuses to implement or follow a lawful policy or directive of the Company; (v) Executive engages in misfeasance or
        malfeasance demonstrated by Executive’s failure to perform Executive’s job duties diligently and/or professionally; or (vi) Executive violates a Company policy or procedure which is materially injurious to the Company, including violation of the
        Company’s policy concerning sexual harassment, discrimination or retaliation.

    

    

    b.          Termination by Company without Cause.  Where the Company terminates Executive’s employment without Cause, and Executive’s employment is not terminated due to death or Disability (as
        defined below), Executive will be eligible to receive:  (i) continued payment of Base Salary for twelve (12) months (“Severance Period”) according to the Company’s normal payroll practices, less applicable withholdings and any remuneration paid to
        Executive during each applicable Company payroll period because of Executive’s employment or self-employment during such period (“Severance Payments”); and (ii) if Executive qualifies for and timely completes all documentation necessary to continue
        health insurance coverage pursuant to the Consolidated Omnibus Budget Reconciliation Act (“COBRA”), the Company will pay to the insurance carriers as and when due the applicable COBRA premium for Executive and Executive’s dependents for up to the
        Severance Period; however, that the  Company’s obligation to pay the COBRA Premium shall cease immediately if: (x) the Company determines that it cannot pay the COBRA Premium on behalf of Executive without violating applicable law (including,
        without limitation, Section 2716 of the Public Health Services Act), (y) Executive or Executive’s eligible dependents cease to be eligible or COBRA coverage, or (z) Executive obtains subsequent employment through which Executive is eligible to
        obtain substantially equivalent or better health insurance (“Severance Benefits”).  Executive shall immediately provide written notice to the Company’s Board when Executive becomes eligible for such health insurance.  Executive acknowledges that
        nothing in this Section 4(b) shall prohibit the Company from changing, withdrawing, or in any way modifying its group health plans, and nothing herein shall be construed as a guarantee of payment of any particular claim submitted by Executive or
        qualified beneficiaries to such plans.  The COBRA Premium paid by the Company shall be treated as taxable compensation to Executive, with applicable withholdings taken from the Severance Payments, if and to the extent necessary to limit or fix any
        violation of Section 105(h) of the Internal Revenue Code of 1986, as amended, and applicable guidance promulgated thereunder (the “Code”).  Executive’s eligibility to receive the severance set forth in this Section 4(b) is conditioned on Executive
        having first signed a release agreement in the form attached as Exhibit A and the release becoming irrevocable by its terms within fifty five (55) calendar days following the date of Executive’s termination of employment (or, if applicable, the
        date of Executive’s Separation from Service, as such term is defined in Section 4(i)).  All other obligations of the Company under this Agreement shall cease.

    
      3

      
        

    

    c.          Termination Due to Disability.  Executive’s employment shall terminate automatically if Executive becomes Disabled.  Executive shall be deemed Disabled if Executive is unable for medical
        reasons to perform Executive’s essential job duties for either ninety (90) consecutive calendar days or one hundred twenty (120) business days in a twelve (12) month period and, within thirty (30) days after a notice of termination is given to
        Executive, Executive has not returned to work.  If Executive’s employment is terminated by the Company due to Executive’s Disability, all obligations of the Company under this Agreement shall cease, other than those set forth in Section 3.

    

    

    d.          Termination Due to Death.  Executive’s employment shall terminate automatically upon Executive’s death.  If Executive’s employment is terminated due to Executive’s death, all obligations
        of the Company under this Agreement shall cease, other than those set forth in Section 3.

    

    

    e.          Termination By Executive for Good Reason.  Executive’s termination of Executive’s employment shall be for “Good Reason” if (x) Executive provides written notice to the Company of the Good
        Reason within thirty (30) days of the event constituting the Good Reason and provides the Company with a period of thirty (30) days to cure the event constituting the Good Reason, (y) the Company fails to cure the Good Reason within the applicable
        thirty (30) day period, and (z) Executive terminates Executive’s employment with the Company within ninety (90) days of the event constituting Good Reason.  For purposes of this Agreement, “Good Reason” shall mean: (i) material breach of this
        Agreement by the Company; or (ii) a material adverse change in Executive’s position, duties, authority or responsibilities.  Where the Executive terminates Executive’s employment for Good Reason, Executive will be eligible to receive the Severance
        Benefits set forth in Section 4(b) above.  Executive’s eligibility to receive the Severance Benefits is conditioned on Executive having first signed a release agreement in the form attached as Exhibit A and the release becoming irrevocable by its
        terms within fifty five (55) calendar days following the date of Executive’s termination of employment (or, if applicable, the date of Executive’s Separation from Service).  All other obligations of the Company under this Agreement shall cease.

    

    

    f.          Executive’s Resignation without Good Reason.  Executive may resign Executive’s employment without Good Reason at any time during the Term of this Agreement pursuant to Section 3, and
        thereafter, all obligations of the Company under this Agreement shall cease, other than those set forth in Section 3.

    
      4

      
        

    

    g.          Termination In Connection With Change In Control without Cause or for Good Reason.  Where the Company terminates Executive’s employment In Connection With a Change In Control without
        Cause or Executive terminates Executive’s employment In Connection With a Change In Control for Good Reason, and Executive’s employment is not terminated due to death or Disability (as defined above), Executive will be eligible to receive:  (i)
        continued payment of Base Salary for eighteen (18) months (“Change In Control Severance Period”) according to the Company’s normal payroll practices, less applicable withholdings and any remuneration paid to Executive during each applicable Company
        payroll period because of Executive’s employment or self-employment during such period (“Change In Control Severance Payments”); (ii) payment of a lump sum equal to the target Annual Bonus which Executive is eligible to receive for the year in
        which the termination occurs, less applicable withholdings; (iii) any and all unvested Stock Options and any other unvested equity in the Company held by Executive shall become fully vested upon Executive’s employment termination date; and (iv) if
        Executive qualifies for and timely completes all documentation necessary to continue health insurance coverage pursuant to COBRA, the Company will pay to the insurance carriers as and when due the applicable COBRA premium for Executive and
        Executive’s dependents for up to the Change In Control Severance Period; however, that the  Company’s obligation to pay the COBRA Premium shall cease immediately if: (x) the Company determines that it cannot pay the COBRA Premium on behalf of
        Executive without violating applicable law (including, without limitation, Section 2716 of the Public Health Services Act), (y) Executive or Executive’s eligible dependents cease to be eligible or COBRA coverage, or (z) Executive obtains subsequent
        employment through which Executive is eligible to obtain substantially equivalent or better health insurance (“Change In Control Severance Benefits”).  Executive shall immediately provide written notice to the Company’s Board when Executive becomes
        eligible for such health insurance.  Executive acknowledges that nothing in this Section 4(g) shall prohibit the Company from changing, withdrawing, or in any way modifying its group health plans, and nothing herein shall be construed as a
        guarantee of payment of any particular claim submitted by Executive or qualified beneficiaries to such plans.  The COBRA Premium paid by the Company shall be treated as taxable compensation to Executive, with applicable withholdings taken from the
        Change In Control Severance Payments, if and to the extent necessary to limit or fix any violation of Section 105(h) of the Code.  For purposes of this Agreement, “Change In Control” shall mean the sale of the Company or the sale of all or
        substantially all of the Company’s assets, by means of any transaction or series or related transactions (including, without limitation, any reorganization, merger or consolidation, but excluding any merger effected exclusively for the purpose of
        changing the domicile of the Company), after which the Company’s stockholders of record as constituted immediately prior to such acquisition will, immediately after such acquisition, hold less than fifty percent (50%) of the voting power of the
        surviving or acquiring entity.  For purposes of this Agreement, termination of Executive’s employment shall be “In Connection With a Change In Control” where it occures within ninty (90) days before a Change In Control or within twelve (12) months
        after a Change In Control.  Executive’s eligibility to receive the severance set forth in this Section 4(g) is conditioned on Executive having first signed a
        release agreement in the form attached as Exhibit A and the release becoming irrevocable by its terms within fifty five (55) calendar days following the date of Executive’s termination of employment (or, if applicable, the date of Executive’s
        Separation from Service, as such term is defined in Section 4(i)).  All other obligations of the Company under this Agreement shall cease.

    
      5

      
        

    

    h.          Timing of Payments.  In the event that Executive becomes entitled to receive continued payment of Base Salary pursuant to Section 4(b), 4(e) or 4(g), Executive shall not be entitled to
        receive any such payments until the Company’s first payroll date that is coincident with or next following the date that is fifty five (55) calendar days following the date of Executive’s termination of employment (or, if applicable, the date of
        Executive’s Separation from Service) and any payments that otherwise would have been paid to Executive during such period shall be paid to Executive with the first installment paid to Executive following the end of such period.  Any Annual Bonus
        that becomes payable to Executive pursuant to Section 4(g) shall be paid to Executive in a lump sum payment on the date that Executive receives the first installment payment of continued Base Salary as provided in the preceding sentence.

    

    

    i.          Section 409A; Delayed Payments.  To the extent applicable, the provisions in this Section 4 are
        intended to comply with Section 409A of the Internal Revenue Code of 1986, as amended, and guidance promulgated thereunder (“409A”) and this Agreement shall be administered and construed in a manner consistent with this intent.  In the event that
        any compensation that becomes payable to Executive pursuant to this Section 4 qualifies as a deferral of compensation within the meaning of and subject to 409A, then, notwithstanding anything to the contrary in this Agreement (i) such compensation
        shall be paid to Executive only in the event of Executive’s “separation from service” with the Company within the meaning of 409A (“Separation from Service”) and (ii) payment of that compensation shall be delayed if Executive is a “specified
        employee,” as defined in 409A(a)(2)(B)(i), and such delayed payment is required by 409A.  Such delay shall last six (6) months from the date of Executive’s Separation from Service.  On the Company’s first payroll date that occurs after the end of
        such six-month period, the Company shall make a catch-up payment to Executive equal to the total amount of such payments that would have been made during the six-month period but for this Section 4(i).  To the extent applicable, each and every
        payment to be made pursuant to Section 4(b), 4(e) or 4(g) shall be treated as a separate payment and not as one of a series of payments treated as a single payment for purposes of Treasury Regulation Section 1.409A-2(b)(2)(iii).

    

    

    
      
        	5.	
                EXECUTIVE TERMINATION OBLIGATIONS

              

      

    

    

    

    a.          Return of Property.  Executive agrees that all property (including without limitation all equipment, tangible proprietary information, documents, records, notes, contracts and
        computer-generated materials) furnished to or created or prepared by Executive incident to Executive’s employment belongs to the Company and shall be promptly returned to the Company upon termination of Executive’s employment.

    

    

    b.          Resignation and Cooperation.  Upon termination of Executive’s employment, Executive shall be deemed to have resigned from all offices and directorships then held with the Company. 
        Following any termination of employment, Executive shall cooperate with the Company in the winding up of pending work on behalf of the Company and the orderly transfer of work to other employees.  Executive shall also cooperate with the Company in
        the defense of any action brought by any third party against the Company that relates to Executive’s employment by the Company.

    
      6

      
        

    

    c.          Continuing Obligations.  Executive understands and agrees that Executive’s obligations under Sections 6 and 7 herein (including Exhibits B and C) shall survive the termination of
        Executive’s employment for any reason and the termination of this Agreement.

    

    

    
      
        	6.	
                INVENTIONS AND PROPRIETARY INFORMATION

              

      

    

    

    

    Executive agrees to sign and be bound by the terms of the Proprietary Information and Inventions Agreement, which is attached as Exhibit B (“Proprietary
        Information Agreement”).

    

    

    
      
        	7.	
                ARBITRATION

              

      

    

    

    

    The Company and Executive agree that any and all disputes or controversies between them of any nature, including but not limited to any arising out of,
        relating to, or in connection with this Agreement, or the interpretation, validity, construction, performance, breach, or termination thereof shall be settled by arbitration to be held in San Diego, California, in accordance with the Judicial
        Arbitration and Mediation Service/Endispute, Inc. (“JAMS”) rules for employment disputes then in effect (the “Rules”).  The Company will pay for the fees and costs of the arbitrator to the extent required by law.  The arbitrator may grant
        injunctions or other relief in such dispute or controversy.  The decision of the arbitrator shall be final, conclusive and binding on the parties to the arbitration.  Judgment may be entered on the arbitrator’s decision in any court having
        jurisdiction.  The arbitrator shall apply California law to the merits of any dispute or claim.  Executive hereby expressly consents to the personal jurisdiction of the state and federal courts located in San Diego, California for any action or
        proceeding arising from or relating to this Agreement or relating to any arbitration in which the parties are participants.  The parties may apply to any court of competent jurisdiction for a temporary restraining order, preliminary injunction, or
        other interim or conservatory relief, as necessary, without breach of this arbitration agreement and without abridgment of the powers of the arbitrator.  EXECUTIVE HAS READ AND UNDERSTANDS THIS SECTION, WHICH DISCUSSES ARBITRATION.  EXECUTIVE
        UNDERSTANDS THAT BY SIGNING THIS AGREEMENT, EXECUTIVE AGREES TO SUBMIT ANY FUTURE CLAIMS AGAINST THE COMPANY, INCLUDING BUT NOT LIMITED TO THOSE ARISING OUT OF, RELATING TO, OR IN CONNECTION WITH HIS EMPLOYMENT OR TERMINATION THEREOF, OR THE
        INTERPRETATION, VALIDITY, CONSTRUCTION, PERFORMANCE OR BREACH OF THIS AGREEMENT, TO BINDING ARBITRATION, AND THAT THIS ARBITRATION CLAUSE CONSTITUTES A WAIVER OF EXECUTIVE’S RIGHT TO A JURY TRIAL AND RELATES TO THE RESOLUTION OF ALL DISPUTES
        RELATING TO ALL ASPECTS OF THE EMPLOYER/EXECUTIVE RELATIONSHIP, INCLUDING BUT NOT LIMITED TO, DISCRIMINATION CLAIMS.

    

    

    
      
        	8.	
                AMENDMENTS; WAIVERS; REMEDIES

              

      

    

    

    

    This Agreement may not be amended or waived except by a writing signed by Executive and by the Company’s Board.  Failure to exercise any right under this
        Agreement shall not constitute a waiver of such right.  Any waiver of any breach of this Agreement shall not operate as a waiver of any subsequent breaches.  All rights or remedies specified for a party herein shall be cumulative and in addition to
        all other rights and remedies of the party hereunder or under applicable law.

    
      7

      
        

    

    
      
        	9.	
                ASSIGNMENT; BINDING EFFECT

              

      

    

    

    

    a.          Assignment.  The performance of Executive is personal hereunder, and Executive agrees that Executive shall have no right to assign and shall not assign or purport to assign any rights or
        obligations under this Agreement.  This Agreement may be assigned or transferred by the Company; and nothing in this Agreement shall prevent the consolidation, merger or sale of the Company or a sale of any or all or substantially all of its
        assets.

    

    

    b.          Binding Effect.  Subject to the foregoing restriction on assignment by Executive, this Agreement shall inure to the benefit of and be binding upon each of the parties; the affiliates,
        officers, directors, agents, successors and assigns of the Company; and the heirs, devisees, spouses, legal representatives and successors of Executive.

    

    

    
      
        	10.	
                NOTICES

              

      

    

    

    

    All notices or other communications required or permitted hereunder shall be made in writing and shall be deemed to have been duly given if delivered:  (a) by
        hand; (b) by a nationally recognized overnight courier service; or (c) by United States first class registered or certified mail, return receipt requested, to the principal address of the other party, as set forth below.  The date of notice shall
        be deemed to be the earlier of (i) actual receipt of notice by any permitted means, or (ii) five business days following dispatch by overnight delivery service or the United States Mail.  Executive shall be obligated to notify the Company in
        writing of any change in Executive’s address.  Notice of change of address shall be effective only when done in accordance with this paragraph.

    

    

    Company’s Notice Address:

    

    

    Cibus Global, Ltd. (attn.: Head of HR)

    6455 Nancy Ridge Dr.

    San Diego, CA  92067

    

    

    Executive’s Notice Address:

    

    

    13737 Bassmore Drive

    San Diego, CA 92129

    

    

    
      
        	11.	
                SEVERABILITY

              

      

    

    

    

    If any provision of this Agreement shall be held by a court or arbitrator to be invalid, unenforceable, or void, such provision shall be enforced to the
        fullest extent permitted by law, and the remainder of this Agreement shall remain in full force and effect.  In the event that the time period or scope of any provision is declared by a court or arbitrator of competent jurisdiction to exceed the
        maximum time period or scope that such court or arbitrator deems enforceable, then such court or arbitrator shall reduce the time period or scope to the maximum time period or scope permitted by law.

    
      8

      
        

    

    
      
        	12.	
                TAXES

              

      

    

    

    

    All amounts paid under this Agreement shall be paid less all applicable state and federal tax withholdings and any other withholdings required by any
        applicable jurisdiction.

    

    

    
      
        	13.	
                GOVERNING LAW

              

      

    

    

    

    This Agreement shall be governed by and construed in accordance with the laws of the State of California.

    

    

    
      
        	14.	
                INTERPRETATION

              

      

    

    

    

    This Agreement shall be construed as a whole, according to its fair meaning, and not in favor of or against any party.  Sections and section headings
        contained in this Agreement are for reference purposes only, and shall not affect in any manner the meaning or interpretation of this Agreement.  Whenever the context requires, references to the singular shall include the plural and the plural the
        singular.

    

    

    
      
        	15.	
                OBLIGATIONS SURVIVE TERMINATION OF EMPLOYMENT

              

      

    

    

    

    Executive agrees that any and all of Executive’s obligations under this Agreement, including but not limited to Exhibit B, shall survive the termination of
        employment and the termination of this Agreement.

    

    

    
      
        	16.	
                COUNTERPARTS

              

      

    

    

    

    This Agreement may be executed in any number of counterparts, each of which shall be deemed an original of this Agreement, but all of which together shall
        constitute one and the same instrument.

    

    

    
      
        	17.	
                AUTHORITY

              

      

    

    

    

    Each party represents and warrants that such party has the right, power and authority to enter into and execute this Agreement and to perform and discharge
        all of the obligations hereunder; and that this Agreement constitutes the valid and legally binding agreement and obligation of such party and is enforceable in accordance with its terms.

    

    

    
      
        	18.	
                ENTIRE AGREEMENT

              

      

    

    

    

    This Agreement is intended to be the final, complete, and exclusive statement of the terms of Executive’s employment by the Company and may not be
        contradicted by evidence of any prior or contemporaneous statements or agreements, except for agreements specifically referenced herein (including the Proprietary Information Agreement attached as Exhibit B, and any applicable employee stock option
        plan and Company stock option agreement).  To the extent that the practices, policies or procedures of the Company, now or in the future, apply to Executive and are inconsistent with the terms of this Agreement, the provisions of this Agreement
        shall control.  Any subsequent change in Executive’s duties, position, or compensation will not affect the validity or scope of this Agreement.

    
      9

      
        

    

    
      
        	19.	
                EXECUTIVE ACKNOWLEDGEMENT

              

      

    

    

    

    EXECUTIVE ACKNOWLEDGES EXECUTIVE HAS HAD THE OPPORTUNITY TO CONSULT LEGAL COUNSEL CONCERNING THIS AGREEMENT, THAT EXECUTIVE HAS READ AND
        UNDERSTANDS THE AGREEMENT, THAT EXECUTIVE IS FULLY AWARE OF ITS LEGAL EFFECT, AND THAT EXECUTIVE HAS ENTERED INTO IT FREELY BASED ON EXECUTIVE’S OWN JUDGMENT AND NOT ON ANY REPRESENTATIONS OR PROMISES OTHER THAN THOSE CONTAINED IN THIS AGREEMENT.

    

    

    In Witness Whereof, the parties have duly
        executed this Agreement as of the date first written above.

    

    

    	Cibus Global, Ltd.	 	 	 
	 	 	 	 
	
            /s/ Peter Beetham

          	 	 	 
	
            By:

          	
            Peter Beetham

          	 	
            /s/ Gregory F. Gocal

          
	
            Its:

          	
            President & Chief Executive Officer

          	 	
            Gregory F. Gocal, Ph.D.

          
	 	 	 	 	 
	
            Dated:

          	
            November 15, 2018

          	 	
            Dated:

          	
            November 15, 2018

          

    

    

    
      10

      
        

    

    EXHIBIT A

    

    

    GENERAL RELEASE OF CLAIMS

    

    

    This General Release of Claims (hereinafter “Release”) is entered into this [____] day of [______________], by and between Gregory F.
        Gocal, Ph.D. (“Executive”) and [_____________] (“Company”).

    

    

    RECITALS

    

    

    A.          On 11/15/18, Executive became employed by the Company
        according to the terms and conditions of the Executive Employment Agreement between the parties (“Employment Agreement”).

    

    

    B.          On or about [___________________], Executive’s employment
        with the Company was terminated pursuant to Section 3 of the Employment Agreement.

    

    

    C.          According to the terms and conditions of the Employment
        Agreement, Executive is entitled to certain severance payments and other benefits if Executive executes this Release.  By execution hereof, Executive understands and agrees that this Release is a compromise of doubtful and disputed claims, if any,
        which remain untested; that there has not been a trial or adjudication of any issue of law or fact herein; that the terms and conditions of this Release are in no way to be construed as an admission of liability on the part of the Company and that
        the Company denies any liability and intends merely to avoid litigation with this Release.

    

    

    AGREEMENT

    

    

    NOW THEREFORE FOR MUTUAL CONSIDERATION, the receipt and sufficiency of which the parties hereto acknowledge, the parties agree as follows:

    

    

    1.          Executive, for Executive and Executive’s spouse, heirs,
        assigns, executors, administrators, agents, successors and affiliates, hereby unconditionally, irrevocably and absolutely releases and discharges the Company and its past and present affiliates, owners, directors, officers, employees, agents,
        attorneys, heir, representatives, legatees, stockholders, insurers, divisions, successors and/or assigns and any related holding, parent or subsidiary corporations, from any and all known or unknown loss, liability, claims, costs (including,
        without limitation, attorneys’ fees), demands, causes of action, or suits of any type (collectively “Claims”), whether in law and/or in equity, related directly or indirectly or in any way connected with any transaction, affairs or occurrences
        between them and arising on or prior to the date hereof in connection with Executive’s employment with the Company, the termination of said employment and claims of emotional or physical distress related to such employment or termination.  This
        Release specifically applies to any claims for age discrimination in employment, including any claims arising under the Age Discrimination In Employment Act if over 40, or any other statutes or laws that govern discrimination in employment.

    
      11

      
        

    

    2.          Executive irrevocably and absolutely agrees that
        Executive will not prosecute nor cooperate with any prosecution on Executive’s behalf in any administrative agency, whether federal or state, or in any court, whether federal or state, any claim or demand of any type related to the matters released
        in Section 1, it being an intention of the parties that with the execution of this Release, the Company and its past and present affiliates, owners, directors, officers, employees, agents, attorneys, heir, representatives, legatees, stockholders,
        insurers, divisions, successors and/or assigns and any related holding, parent or subsidiary corporations will be absolutely, unconditionally and forever discharged of and from all obligations to or on behalf of the other related in any way to the
        matters released in Section 1.

    

    

    3.          Executive agrees to treat all
        matters related to this Release as confidential (“Confidential Information”); provided, however, that nothing herein shall be deemed to preclude Executive from giving statements, affidavits, depositions, testimony, declarations, or other
        disclosures required by or pursuant to legal process, or from disclosing Confidential Information to Executive’s legal counsel, tax advisor or spouse.  Similarly, Executive shall not make, issue, disseminate, publish, print or announce any news
        release, public statement or announcement with respect to the Confidential Information, or any aspect thereof, the reasons therefore and the terms of this Release.

    

    

    4.          Executive agrees not to (i) make any unfavorable or
        disparaging comments or remarks (whether written or oral) to third parties regarding the Company or its officers, directors and employees); or (ii) endorse, approve, disseminate, or assist in the dissemination of, any unfavorable or disparaging
        comments or remarks (whether written or oral) made by any third party regarding the Company or its officers, directors and employees.

    

    

    5.          Executive and the Company do certify that Executive and
        the Company have read all of this Release, and that Executive and the Company fully understands all of the same.  Executive hereby expressly waives all of the benefits and rights granted to Executive pursuant to any applicable law or regulation to
        the effect that:

    

    

    A general release does not extend to claims which the creditor does not know of or suspect to exist in his or her favor at the time of
        executing the release, which if known by him or her must have materially affected his or her settlement with the debtor.

    

    

    6.          Executive and the Company further declare and represent
        that no promise, inducement or agreement not herein expressed has been made to either and that this Release contains the full and entire agreement between and among the parties, and that the terms of this Release are contractual and not a mere
        recital.

    

    

    7.          The validity, interpretation, and performance of this
        Release shall be construed and interpreted according to the laws of the State of California.

    

    

    8.          This Release may be pleaded as a full and complete
        defense and may be used as the basis for an injunction against any action, suit or proceeding that may be prosecuted, instituted or attempted by either party in breach thereof.

    
      12

      
        

    

    9.          If any provision of this Release, or part thereof, is
        held invalid, void or voidable as against the public policy or otherwise, the invalidity shall not affect other provisions, or parts thereof, which may be given effect without the invalid provision or part.  To this extent, the provisions, and
        parts thereof, of this Release are declared to be severable.

    

    

    10.          It is understood that this Release is not an admission
        of any liability by any person, firm association or corporation but is in compromise of any disputed claim.

    

    

    11.          Executive represents, acknowledges and agrees that the
        Company has advised him, in writing, to discuss this Release with an attorney, and that to the extent, if any, that Executive has desired, Executive has done so; that the Company has given Executive twenty-one (21) days to review and consider this
        Release before signing it, and Executive understands that Executive may use as much of this twenty-one (21) day period as Executive wishes prior to signing; that no promise, representation, warranty or agreements not contained herein have been made
        by or with anyone to cause Executive to sign this Release; that Executive has read this Release in its entirety, and fully understands and is aware of its meaning, intent, contents and legal effect; and that Executive is executing this Release
        voluntarily, and free of any duress or coercion.

    

    

    12.          The parties acknowledge that for a period of seven (7)
        days following the execution of this Release by Executive, Executive may revoke the Release, and the Release shall not become effective or enforceable until the revocation period has expired.  This Release shall become effective eight (8) days
        after it is signed by Executive.

    

    

    IN WITNESS WHEREOF, the undersigned have executed
        this Release on the dates shown below.

    

    

    	
            Cibus Global, Ltd.

          	 	 	 
	 	 	 	 	 
	  	 	 	 
	
            By:

          	 	 	  
	
            Its:

          	 	 	
            Gregory F. Gocal, Ph.D.

          
	 	 	 	 	 
	
            Dated:

          	 	 	
            Dated:

          	 

    

    

    
      13

      
        

    

    
      EXHIBIT B

       

      

      CIBUS US LLC

       

        

      EMPLOYEE PROPRIETARY INFORMATION AND INVENTIONS AGREEMENT

      

      

      1.          This Employee Proprietary
          Information And Inventions Agreement (this “Agreement”) is made and entered into between Cibus US LLC, a Delaware limited liability company (the “Company”) and me, and I hereby agree to certain restrictions placed by
          the Company on my use and development of information and technology of the Company and other restrictions set forth herein, as more fully set out below, and agree that this Agreement is effective as of the first date it is executed by me (the “Effective Date”). Nothing in this Agreement is intended to prohibit me from providing information to a governmental agency (Federal, State, or local) in support
          of my good faith and reasonable belief that the Company has violated applicable governing law.

       

        

      2.          At-Will Employment.  I acknowledge that the Company is an “at-will” employer and that nothing in this agreement shall be construed to imply that the term of my employment is of any
          definite duration.  Unless specifically provided differently in a separate written agreement signed by the Company and me, my employment with the Company is at-will, and can be terminated at any time, with or without notice and with or without
          cause, by the Company or by me.

       

        

      3.          Employment Duties.  I agree to devote my full work time and best efforts to the Company, and to perform such duties and services as may be reasonably assigned to me from time to time by
          the Company, including exercising my creative and inventive faculties for the benefit of the Company.  I agree to perform duties reasonably assigned to me from time to time by the Company in accordance with any reasonable rules and regulations
          promulgated by the Company.  I agree to adhere to all work rules, personnel policies, ethics and customs that may be established or modified by the Company from time to time and to avoid any and all acts that might injure the Company.  This
          Agreement and each of its parts will continue in force and effect even in the event that my duties, title, and/or location of work for the Company change after the Effective Date, and any such change or changes shall not terminate or invalidate
          this Agreement or any of its parts or affect or impair the validity or enforceability of this Agreement or any of its parts.

      
        14

        
          

      

      

      

      4.          Consideration.  The Company, through itself, subsidiaries and the Company’s Affiliates, provides a wide range of technologies, products and research and development services on a
          worldwide basis to the biotechnology, agricultural, nutraceutical and food industries, including, without limitation, (1) genetic repair or modification products, technologies and services, (2) RTDSTM products, technologies and services,
          and (3) any other technologies, services or products that the Company, its subsidiaries and the Company’s Affiliates may offer or provide from time to time while employee is employed by the Company, its subsidiaries or the Company’s Affiliates
          (collectively known herein as the “Business”).  I desire to perform services for the Company in a position that will:  (i) allow me to obtain “Proprietary Information” (as that term is defined in Section 5(a), below) which the Company will provide; (ii) require specialized training in the design, use, and operation of the Company’s products and services; (iii) cause me to develop contacts and relationships
          with third parties, including, but not limited to, the Company’s referral sources, potential referral sources, customers, potential customers, and other employees of those third parties; and (iv) require me to perform services for the Company of
          a unique and special nature.  Accordingly, I enter into this Agreement and agree to the covenants contained in this Agreement in consideration for one or more of the following, which I acknowledge is sufficient consideration for my promises in
          and performance under this Agreement:  (i) the Company’s employment, or continued employment, of me and the benefits associated with that employment; (ii) the Company’s promise to provide me with Proprietary Information; (iii) the Company’s
          actual provision to me of Proprietary Information; (iv) the Company’s promise to provide me with specialized training; (v) the Company’s actual provision to me of specialized training; (vi) the Company’s promise to provide me access to the
          Company’s business relationships with the Company’s referral sources, potential referral sources, customers, potential customers, and employees of the same, including access to the Company’s goodwill with those “Persons” (as that term is defined
          in Section 4(a), below); (vii) the Company’s actual provision to me of access to such relationships and goodwill; (viii) the Company’s obligations to me in this
          Agreement; and/or (ix) such other valuable consideration that I acknowledge is sufficient consideration for my promises in and performance under this Agreement.

       

        

      (a)          Person.  As used in this Agreement, the term “Person” means and refers to an individual, a corporation, a limited liability
          company, an association, a partnership, an estate, a trust, or any other entity or organization.

       

        

      5.          Proprietary
          Information.

       

        

      (a)          Proprietary Information Defined.  I understand that the term “Proprietary Information” in this Agreement means any and all “Creations” (as that term is defined in Section 8(b), below) and all other information, trade secrets, know-how, knowledge, data, ideas and materials, in whatever form, tangible or intangible, whether disclosed to or learned or developed by me, pertaining in
          any manner to the Company’s past, present, planned, or foreseeable business including, without limitation, any Person or entity owned by, controlled by, or affiliated with the Company or to any other Person or entity to whom or which any of the
          foregoing owes a duty of confidentiality.

      
        15

        
          

      

      

      

      (b)          Proprietary Information Character.  Proprietary Information may be stamped or otherwise marked “Confidential,” “Proprietary,” or with some similar designation.  If, however, any information or material is not so
          marked and it meets the definition of “Proprietary Information” set forth in Section 5(a), above, it is still Proprietary Information.  If I am uncertain as to whether
          particular information or materials are Proprietary Information, I will request the Company’s written opinion as to their status.  I understand that Proprietary Information does not include any information, idea or material that:  (i) is or
          becomes publicly known through lawful means and without breach of this Agreement by me; (ii) was rightfully in my possession or part of my general knowledge prior to my employment by the Company; or (iii) is disclosed to me without confidential
          or proprietary restrictions by a third party who rightfully possesses the information, ideas or materials (without confidential or proprietary restrictions) and did not learn of it, directly or indirectly, from the Company.  Any information, idea
          or material will not be considered to be publicly known or in the public domain merely because it is embraced by more general information in my prior possession or the possession of others, or merely because it is expressed in public literature
          in general terms.  Proprietary Information also does not include my general knowledge and skill obtained during the course of my employment.

       

        

      (c)          Information Generation.  I acknowledge that all information generated, received or maintained by or for me on the premises or equipment of Company (including, without limitation, on computer systems and electronic or
          voice mail systems) is Proprietary Information and the sole property of the Company, and I hereby waive any property or privacy rights I may have with respect to such information.

       

        

      (d)          Receipt of Proprietary Information.  To perform the duties of employment, I will require Proprietary Information and specialized training; therefore, the Company promises and agrees that it will provide me with one or
          more of the following:  (i) specialized training (which may include, without limitation, self-study materials and course work, classroom training, on-the-job training, and other forms of training); (ii) access to the Company’s business
          relationships with the Company’s referral sources, potential referral sources, customers, potential customers, and employees of the same (including the Company’s goodwill with those Persons); or (iii) Proprietary Information.

       

        

      6.          Restrictions on Proprietary Information.

       

        

      (a)          Restrictions on Use and Disclosure.  In exchange for the consideration set forth herein, I will not, during my employment with the Company or at any time after the termination of my employment with the Company, use or
          reproduce any Proprietary Information, except in the course of performing my duties as an employee of the Company or as required by law.  I also will not disclose or deliver, directly or indirectly, any Proprietary Information to any Person,
          except in the course of performing my duties as an employee of the Company and with the Company’s consent or as required by law.  I will use my best efforts to prevent the unauthorized reproduction, disclosure or use of Proprietary Information by
          others.

      
        16

        
          

      

      

      

      (b)          Location.  I agree to maintain at my work station and/or any other place under my control only such Proprietary Information as I have a current “need to know.”  I agree to return to the appropriate person or location
          or otherwise properly dispose of Proprietary Information once that “need to know” no longer exists.  I agree to not remove Proprietary Information from the Company’s premises except as required in the course of my employment with the Company.

       

        

      (c)          Third Party Information.  I recognize that the Company has received and will receive Proprietary Information from third parties to whom or which the Company owes a duty of confidentiality.  In addition to the
          restrictions set forth in this Section 6, I will not use, reproduce, disclose or deliver such Proprietary Information except as permitted by the Company’s agreement
          with such third party.

       

        

      7.          Protection of Personal Information.  During my employment with the Company and thereafter, I shall hold “Personal Information” (as that term is defined in Section 7(a), below) in the strictest confidence and shall not disclose or use Personal Information about other individuals, except in connection with my work for the Company, or unless expressly
          authorized in writing by an authorized representative of the Company.  I understand that there are laws in the United States and other countries that protect Personal Information, and that I must not use Personal Information about other
          individuals other than for the purposes for which it was originally used or make any disclosures of other individuals’ Personal Information to any third party or from one country to another without prior approval of an authorized representative
          of the Company.  I understand that nothing in this Agreement prevents me from discussing my wages or other terms and conditions of my employment with coworkers or others, unless such discussion would be for the purpose of engaging in unfair
          competition or other unlawful conduct.

       

        

      (a)          Definition of Personal Information.  As used in this Agreement, “Personal Information” means and refers to personally
          identifiable information about employees, independent contractors, clients or third party individuals, including names, addresses, telephone or facsimile numbers, Social Security Numbers, background information, credit card or banking
          information, health or medical information, or other information entrusted to the Company.

       

        

      8.          Creations.

       

        

      (a)          Assignment.  I hereby assign and transfer, and agree to assign and transfer, to the Company, without additional compensation, my entire right, title and interest (including, without limitation, all “Intellectual
          Property Rights” (as that term is defined in Section 8(c), below)) in and to (i) all “Creations” (as that term is defined in Section 8(b), below), and (ii) all benefits, privileges, causes of action and remedies relating to the Creations, whether before or hereafter accrued (including, without limitation,  the right of priority, the
          exclusive rights to apply for and maintain all such registrations, renewals and/or extensions; to sue for all past, present or future infringements or other violations of any rights in the Creation; and to settle and retain proceeds from any such
          actions).  THIS SECTION 8(a) DOES NOT APPLY TO ANY CREATION WHICH QUALIFIES FULLY UNDER THE PROVISIONS OF SECTION 2870 OF THE LABOR CODE OF THE STATE OF CALIFORNIA, A
          COPY OF WHICH IS ATTACHED TO THIS AGREEMENT AS EXHIBIT 1.  I understand that nothing in this Agreement is intended to expand the scope of protection provided me by
          sections 2870 through 2872 of the California Labor Code.  To the extent that any of the Creations constitute copyrightable subject matter, the Company and I desire such subject matter to be deemed a “work made for hire” as defined in the U.S.
          Copyright Act (17 U.S.C. section 101) authored and owned by the Company to the maximum extent permitted by law.  To the extent that any such Creation is not so considered a “work made for hire” under applicable law or copyrightable subject
          matter, then such Creation will be deemed, upon creation, to be assigned to the Company automatically without further compensation or action by either myself or the Company, and I hereby assigned such Creation to the Company.

      
        17

        
          

      

      

      

      (b)          Creations.  As used in this Agreement, the term “Creations” includes, but is not limited to, creations, inventions, works of authorship, ideas, processes, technology, formulas, models, prototypes, drawings,
          flowcharts, software programs, writings, designs, discoveries, information, data, derivative works, modifications and improvements, trade secrets, technical know-how, knowledge, schematics, instruments, products, machinery, equipment,
          photographs, manuals, sketches, techniques, biological inventions, chemical inventions, mechanical inventions, compositions, notebooks, compilations, records, specifications, methods, patent disclosures, patent applications, lists, reports,
          surveys, or plans, whether or not patentable or reduced to practice and whether or not copyrightable, that relate in any manner to the actual or demonstrably anticipated business or research and development of the Company, any of its direct or
          indirect subsidiaries or the “Company’s Affiliates,” (as that term is defined in Section 8(b)(i), below) and that are made, created, authored, conceived, reduced to
          practice, or developed by me (either alone or jointly with others), or result from or are suggested by any work performed by me (either alone or jointly with others) for or on behalf of the Company or the Company’s Affiliates:  (i) during the
          period of my employment with the Company, whether or not made, created, authored, conceived, or reduced to practice, or developed during regular business hours; or (ii) after termination of my employment if based on Proprietary Information.  I
          agree that all such Creations are the sole property of the Company or any other entity designated by it, and, to the maximum extent permitted by applicable law, any copyrightable Creation will be deemed a work made for hire.

       

        

      (i)          Company’s Affiliates.  As used in this Agreement, the term the “Company’s Affiliates” means any corporation, partnership,
          limited liability company, joint venture, or other entity of which an aggregate of twenty-five percent (25%) or more of the issued and outstanding capital stock or other equity interests is owned, directly or indirectly, by the Company that is
          engaged in a “Competitive Business” (as that term is defined in Section 11(a)(i), below).

       

        

      (c)          Intellectual Property Rights.  As used in this Agreement, the term “Intellectual Property Rights” means and refers to any and
          all:  (i) patents, patent applications, utility models, industrial rights and similar intellectual property rights registered or applied for in the United States and all other countries throughout the world (including all reissues, divisions,
          continuations, continuations-in-part, renewals, extensions and reexaminations thereof and other applications, for example that claim priority thereto); (ii) rights in trademarks, service marks, trade dress, logos, domain names, rights of
          publicity, trade names and corporate names (whether or not registered) in the United States and all other countries throughout the world, including all registrations and applications for registration of the foregoing and all goodwill related
          thereto; (iii) copyrights (whether or not registered) and rights in works of authorship, databases and mask works, and registrations and applications for registration thereof in the United States and all other countries throughout the world,
          including all renewals, extensions, reversions or restorations associated with such copyrights, now or hereafter provided by law, regardless of the medium of fixation or means of expression; (iv) rights in trade secrets and other confidential
          information and know-how in the United States and all other countries throughout the world; (v) other intellectual property or proprietary rights in the United States and all other countries throughout the world, including all neighboring rights
          and sui generis rights; (vi) rights to apply for, file, register establish, maintain, extend or renew any of the foregoing, and all rights of priority; (vii) rights to enforce and protect any of the foregoing, including the right to bring legal
          actions for past, present and future infringement, misappropriation or other violations of any of the foregoing; and (viii) rights to transfer and grant licenses and other rights with respect to any of the foregoing, in the Company’s sole
          discretion and without a duty of accounting.

      
        18

        
          

      

      

      

      (d)          License.  If, under applicable law notwithstanding the foregoing, I retain any right, title or interest (including any Intellectual Property Right) with respect to any Creation, I hereby grant and agree to grant to
          the Company, without any limitations or additional remuneration, a worldwide, exclusive, royalty-free, irrevocable, perpetual, transferable and sublicenseable (through multiple tiers) license to make, have made, use, import, sell, offer to sell,
          practice any method or process in connection with, copy, distribute, prepare derivative works of, display, perform and otherwise exploit such Creation and I agree to not make any claim against the Company, any direct or indirect subsidiary of the
          Company or the Company’s Affiliates, the Company’s suppliers or customers with respect to such Creation.

       

        

      (e)          Disclosure.  I agree to disclose promptly and fully in writing to my immediate supervisor at the Company, with a copy to the Chief Executive Officer of the Company, and to hold in confidence for the sole right,
          benefit and use of Company, any and all Creations made, conceived and/or developed by me (either alone or jointly with others) during my employment with the Company, or within one (1) year after the termination of my employment if based on
          Proprietary Information.  Such disclosure will be received and held in confidence by the Company.  In addition, I agree to keep and maintain adequate and current written records on the development of all Creations made, conceived or developed by
          me (either alone or jointly with others) during my period of employment or during the one-year period following termination of my employment, which records will be available to and remain the sole property of the Company at all times.

       

        

      (f)          Assist with Registration.  I agree that I will, at the Company’s request, promptly execute a written assignment of title for any Creation required to be assigned by this Section 8.  I further agree to perform, both during my employment with the Company and after termination of my employment, all acts deemed necessary or desirable by the Company to assist it (at its expense) in
          obtaining and enforcing the full benefits, enjoyment, rights and title throughout the world in the Creation assigned to the Company pursuant to this Section 8.  Such
          acts may include, but are not limited to, execution of documents and assistance or cooperation in legal proceedings.  Should the Company be unable to secure my signature on any document necessary to apply for, prosecute, obtain, or enforce any
          patent, copyright, or other right or protection relating to any Creation, whether due to my mental or physical incapacity or any other cause, I hereby irrevocably designate and appoint the Company and each of its duly authorized officers and
          agents as my agent and attorney-in-fact, to undertake such acts in my name as if executed and delivered by me, and I waive and quitclaim to the Company any and all claims of any nature whatsoever that I may not have or may later have for
          infringement of any intellectual property rights in the Creations.  The Company will compensate me at a reasonable rate for time actually spent by me at the Company’s request on such assistance at any time following termination of my employment
          with the Company.

       

        

      (g)          Moral Rights.  To the extent allowed by applicable law, the assignment of Creations includes to the maximum extent permitted by law, an assignment of all rights of paternity, integrity, disclosure and withdrawal and
          any other rights that may be known as or referred to as “moral rights,” “artist’s rights,” “droit moral,” or the like (collectively, “Moral Rights”).  To the
          extent I retain any such Moral Rights under applicable law, I hereby waive and agree not to institute, support, maintain or permit any action or proceeding on the basis of, or otherwise assert, such Moral Rights.  Without limiting the foregoing,
          I hereby authorize the Company to publish the Creations in the Company’s sole discretion with or without attributing any of the foregoing to me or identifying me in connection therewith and regardless of the effect on such Creations or my
          relationship thereto.  I agree to ratify and consent to any action that may be taken or authorized by the Company with respect to such Creations, and I will confirm any such ratifications and consents from time to time as requested by the
          Company.

      
        19

        
          

      

      

      

      (h)          Employee Creation and Third Party Creations.  I shall not, without prior written approval by the Company, make any disclosure to the Company of or incorporate into Company property or Company Creations any Creation
          owned by me or in which I have an interest (“Employee Creation”) or that is owned by a third party (“Third Party Creation”).  If, in the course of my employment with the Company, I make any disclosure to the Company of or incorporate into Company property or Company Creation an Employee Creation, with or
          without Company approval, I hereby grant and agree to grant to the Company a worldwide, nonexclusive, royalty-free, irrevocable, perpetual, transferable and sublicenseable (through multiple tiers) license to make, have made, use, import, sell,
          offer to sell, practice any method or process in connection with, copy, distribute, prepare derivative works of, display, perform and otherwise exploit such Employee Creation and I agree to not make any claim against the Company or the Company’s
          Affiliates, the Company’s suppliers or the Company’s customers with respect to any such Employee Creation.

       

        

      (i)          Representations; Warranties and Covenants.  I represent, warrant and covenant that:  (i) I have the right to grant the rights and assignments granted herein, without the need for any assignments, releases, consents,
          approvals, immunities or other rights not yet obtained; (ii) any Creations that are copyrightable works are my original works of authorship; and (iii) neither the Creations nor any element thereof are subject to any restrictions or to any
          mortgages, liens, pledges, security interests, encumbrances or encroachments.

       

        

      (j)          Adequate Consideration.  I acknowledge that the Creations and the associated Intellectual Property Rights may have substantial economic value, that any and all proceeds resulting from use and exploitation thereof
          shall belong solely to the Company, and that the salary and other compensation I receive from the Company for my employment with the Company and other consideration set forth in this Agreement includes fair and adequate consideration for all
          assignments, licenses and waivers hereunder.

       

        

      9.          Prior Creations.  All creations, inventions, works of authorship, ideas, processes, technology, formulas, models, prototypes, drawings, flowcharts, software programs, writings,
          designs, discoveries, information, data, derivative works, modifications and improvements, trade secrets, technical know-how, knowledge, schematics, instruments, products, machinery, equipment, photographs, manuals, sketches, techniques,
          biological inventions, chemical inventions, mechanical inventions, compositions, notebooks, compilations, records, specifications, methods, patent disclosures, patent applications, lists, reports, surveys, or plans, whether or not patentable or
          reduced to practice and whether or not copyrightable, if any, that I made, conceived or developed (either alone or jointly with others) prior to my employment by the Company (collectively, “Prior Creations”) are excluded from the scope of this Agreement.  Set forth on Schedule B attached hereto and made a part hereof is
          a complete list of all such Prior Creations that are owned by me, either alone or jointly with others.  I represent and covenant that such list is complete, and I understand that by not listing any such thing I am acknowledging that such creation
          was not made, created, authored, conceived, reduced to practice, or developed before commencement of my employment with the Company.  I agree to notify the Company in writing before I make any disclosure to, or perform any work on behalf of, the
          Company that appears to conflict with proprietary rights I claim in any Prior Creation.  If I fail to give such notice, I agree that I will make no claim against the Company with respect to any such Prior Creation.

      
        20

        
          

      

      

      

      10.          Confidential Information of Others.  I will not use, disclose to the Company or induce the Company to use any confidential, proprietary or trade secret information or material belonging
          to others, absent written consent from the third party and my supervisor at the Company, which comes into my knowledge or possession at any time, nor will I use any such information or material in the course of my employment with the Company. 
          Additionally, I will not bring any confidential, proprietary or trade secret information or material belonging to others onto the Company’s premises or any computer or electronic storage device owned or used by the Company, absent written consent
          from the third party that owns the information or material and my supervisor at the Company.  Except as disclosed on Schedule B to this Agreement, I have no other
          agreements or relationships with or commitments to any other person or entity that conflict with my obligations to the Company as an employee of the Company or under this Agreement, and I represent that my employment will not require me to
          violate any obligation to or confidence with another.  In the event I believe that my work at the Company would make it difficult for me to not disclose to the Company any confidential, proprietary or trade secret information or materials
          belonging to others, I will immediately inform the Company’s Chief Executive Officer and my supervisor at the Company.  I have not entered into, and I agree I will not enter into, any oral or written agreement in conflict with this Agreement.

       

        

      11.          Noncompetition and Nonsolicitation During Employment. 

       

        

      (a)          Noncompetition.  I agree that while employed by the Company, I will not —directly or indirectly—be employed by, perform services, work, or otherwise engage in activities for a “Competitive Business” (as that term is
          defined in Section 11(a)(i), below) in any capacity that relates to any “Competitive Services” (as that term is defined in Section 11(a)(ii), below) anywhere the Company or the Company’s Affiliates is then marketing or selling an “Employee-Related Service” (as that term is defined in Section 11(a)(iii), below).

       

        

      (i)          Competitive Business.  As used in this Agreement, the term “Competitive Business” means and refers to any Person (including,
          me), and any parent, subsidiary, partner, or affiliate of any Person, that engages in, or plans to become engaged in, the Business.

       

        

      (ii)          Competitive Service.  As used in this Agreement, the term “Competitive Service” means and refers to any service or process that has been or is being developed, designed, produced, marketed, promoted, or sold by any Person other than the Company or the Company’s Affiliates
          that is the same or similar, performs any of the same or similar functions, may be substituted for, or is intended to be or is used for any of the same purposes as any “Employee-Related Service” (as that term is defined in Section 11(a)(iii), below).

       

        

      (iii)          Employee-Related Service.  As used in this Agreement, the term “Employee-Related Service” means and refers to a service
          or process that has been or is being developed, designed, produced, marketed, promoted, or sold by me, the Company or the Company’s Affiliates that either:  (x) relates to the services I perform as an employee for the Company—including, for
          example, services I was involved in selling, marketing, or developing for the Company; or (y) I obtained Proprietary Information about or with respect to.

      
        21

        
          

      

      

      

      (b)          Nonsolicitation of Restricted Customers.  I agree that while employed by the Company I shall not—on behalf of a Competitive Business—directly or indirectly solicit, cause to be solicited, sell to, contact, do or
          otherwise attempt to do business with a “Restricted Customer” (as that term is defined in Section 11(b)(i), below) in connection with or relating to a Competitive
          Service.  I understand and acknowledge that this Section 11(b) does not contain a geographic restriction and further agree that lack of such a restriction does not, in
          any way, render this section unreasonable, invalid, or unenforceable.

       

        

      (i)          Restricted Customer.  As used in this Agreement, the term “Restricted Customer” means and refers to any Person and any employee,
          agent or representative that controlled, directed or influenced the purchasing decisions of any such Person:  (i) to which I directly sold, negotiated the sales, or promoted services on behalf of the Company or the Company’s Affiliates; (ii) to
          which I directly marketed or provided support on behalf of the Company or the Company’s Affiliates; or (iii) about which I obtained Proprietary Information during my employment with the Company.

       

        

      (c)          Nonsolicitation of Employees.  I agree that while employed by the Company, and for a period of twelve (12) months after the termination of my employment, regardless of the reason for the termination of my employment,
          I shall not directly or indirectly solicit, induce, recruit, or encourage any officer, director, employee, or independent contractor of the Company or the Company’s Affiliates that I had notice of or worked with during my employment with the
          Company to leave the Company or the Company’s Affiliate or terminate his or her relationship with the Company or the Company’s Affiliate.

       

        

      (d)          Disclosure.  I agree that during the term of the restrictions in this Section 11, I shall promptly inform the Company in writing of the
          identity of any new employer, the job title of my new position and a description of any services to be rendered to that new employer, and I will communicate my obligations under this Agreement to each new employer, which shall include providing
          each new employer with a copy of this Agreement.

       

        

      (e)          Ancillary Promises and Agreements.  The Company’s promises in and performance under Sections 5 and 6, above, give rise to the Company’s interest in enforcing my promises and agreements in this Section 11, and my
          promises and agreements in this Section 11 are designed to enforce my promises and agreements in Sections 5
          and 6, above.

       

        

      12.          Duty of Loyalty.  I understand that my employment with the Company requires my full attention and effort.  I agree that during the period of my employment by the Company I will not,
          without the Company’s express written consent, directly or indirectly engage in the planning, development or assistance of a Competitive Business on behalf of myself or my other Person.

      
        22

        
          

      

      

      

      13.          Return of Materials; Termination.  I hereby acknowledge and agree that all property, including, without limitation, all source code listings, books, manuals, records, models, drawings,
          reports, notes, contracts, lists, blueprints, and other documents or materials hard copy or electronic) furnished to me or prepared by me in the course of or incident to my employment and all copies thereof, all equipment furnished to me in the
          course of or incident to my employment, and all Proprietary Information belonging to the Company will be promptly returned to the Company upon termination of my employment with the Company for any reason or at any other time at the Company’s
          request.  Following my termination, I will not retain any written or other tangible material (hard copy or electronic) containing any Proprietary Information or information pertaining to any Creation.  In the event of the termination of my
          employment, I agree, if requested by the Company, to sign and deliver the Termination Certificate attached as Schedule C hereto and made a part hereof.

       

        

      14.          Remedies.  I recognize that nothing in this Agreement is intended to limit any remedy of the Company under the California Uniform Trade Secrets Act or other federal or state law, and
          that I could face possible criminal and civil actions resulting in imprisonment and substantial monetary liability if I misappropriate the Company’s trade secrets.  In addition, I acknowledge that it may be extremely difficult to measure in money
          the damage to the Company of any failure by me to comply with this Agreement, that the restrictions and obligations under this Agreement are material, and that, in the event of any failure, the Company could suffer irreparable harm and
          significant injury and may not have an adequate remedy at law or in damages.  Therefore, I agree that if I breach any provision of this Agreement, the Company will be entitled to the issuance of an injunction or other restraining order or to the
          enforcement of other equitable remedies against me to compel performance of the terms of this Agreement without the necessity of showing or proving it has sustained any actual damage.  This will be in addition to any other remedies available to the Company in law or equity.

       

        

      15.          Miscellaneous
          Provisions.

       

        

      (a)          Application of this Agreement.  I hereby agree that my obligations set forth in Sections 3 and 5 hereof and the definitions of Proprietary Information and Creations contained therein shall be equally applicable to Proprietary Information and Creations relating to any work performed by me for the Company
          prior to the execution of this Agreement.

       

        

      (b)          Waiver of Limitations.  I waive the benefit of any statute of limitations affecting my liability under this Agreement or the enforcement of the Agreement to the full extent permitted by law.

       

        

      (c)          No Waiver by Conduct or Prior Waiver.  A party’s delay, failure or waiver of any right or remedy under this Agreement will not impair, preclude, cancel, waive or otherwise affect such right or remedy or any subsequent
          rights or remedies that may arise.

      
        23

        
          

      

      

      

      (d)          General Provisions.  This Agreement constitutes the entire agreement between the Company and me relating generally to the same subject matter, replaces any existing agreement entered into by me and the Company
          relating generally to the same subject matter, and may not be changed or modified, in whole or in part, except by written supplemental agreement signed by me and the Company.  I agree that any subsequent change in my duties or compensation will
          not affect the validity or scope of this Agreement. If any provision of this Agreement is held invalid or unenforceable, the remainder of this Agreement will not fail on account thereof but will otherwise remain in full force and effect.  If any
          obligation in this Agreement is held to be too broad to be enforced, it will be construed to be enforceable to the full extent permitted by law.  The obligations of this Agreement will continue beyond the termination of my employment and will be
          binding upon my heirs, executors, assigns, administrators, legal representatives and other successors in interest.  This Agreement will inure to the benefit of the Company, its successors, assigns and affiliates.  This Agreement will be governed
          by and construed in accordance with the laws of the State of California, without giving effect to its conflict of law rules.  This Agreement may be signed in two counterparts, each of which will be deemed an original and both of which will
          constitute one agreement.

       

        

      (e)          No Bar on Whistleblowing.  Nothing in this Agreement is intended to prohibit me from providing information to a governmental agency (Federal, State, or local) in support of my good faith and reasonable belief that the
          Company, its employees, officers, directors, and/or agents, has violated applicable governing law.

       

        

      I HAVE READ THIS AGREEMENT CAREFULLY AND UNDERSTAND ITS TERMS.  I UNDERSTAND THAT I AM AN AT-WILL EMPLOYEE, AND
          THAT MY EMPLOYMENT MAY BE TERMINATED AT ANY TIME WITH OR WITHOUT CAUSE AND WITH OR WITHOUT NOTICE.  I HAVE COMPLETELY NOTED ON SCHEDULE B TO THIS AGREEMENT ANY
          PROPRIETARY INFORMATION, IDEAS, PROCESSES, INVENTIONS, TECHNOLOGY, WRITINGS, PROGRAMS, DESIGNS, FORMULAS, DISCOVERIES, PATENTS, COPYRIGHTS, OR TRADEMARKS, OR IMPROVEMENTS, RIGHTS, OR CLAIMS RELATING TO THE FOREGOING, THAT I DESIRE TO EXCLUDE FROM
          THIS AGREEMENT.  I HAVE ALSO NOTED ON SCHEDULE B TO THIS AGREEMENT ANY AGREEMENT OR RELATIONSHIP WITH OR COMMITMENT TO ANY OTHER PERSON OR ENTITY THAT CONFLICTS WITH MY
          OBLIGATIONS AS AN EMPLOYEE OF THE COMPANY.

       

        

      	
              Date:

            	 	 	 
	 	 	 	
              Employee Name

            
	 	 	 	 
	 	 	 	 
	 	 	 	
              Employee Signature

            

      

      

    

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