Document:

EX-10.24

 Exhibit 10.24 
  

			
		  	Type: Time- and Performance-Based Option
		  	Name: Ari Bousbib
		  	Number of Shares Subject to Option: 30,000,000
		  	Price per Share: $1.00
		  	Date of Grant: December 1, 2010

 HEALTHCARE TECHNOLOGY HOLDINGS, INC. 

2010 EQUITY INCENTIVE PLAN 

THIS AWARD AND ANY SECURITIES ISSUED UPON EXERCISE OF THIS OPTION ARE SUBJECT TO RESTRICTIONS ON VOTING AND TRANSFER AND REQUIREMENTS OF
SALE AND OTHER PROVISIONS AS SET FORTH IN THE MANAGEMENT STOCKHOLDERS AGREEMENT (AS DEFINED IN THE HEALTHCARE TECHNOLOGY HOLDINGS, INC. 2010 EQUITY INCENTIVE PLAN). 

HEALTHCARE TECHNOLOGY HOLDINGS, INC. STRONGLY ENCOURAGES YOU TO SEEK THE ADVICE OF YOUR OWN LEGAL AND FINANCIAL ADVISORS WITH RESPECT TO
YOUR AWARD AND ITS TAX CONSEQUENCES. 
 SENIOR MANAGEMENT NONSTATUTORY
OPTION AGREEMENT 
 1. Grant of Option. This agreement (the
“Agreement”) evidences the grant by Healthcare Technology Holdings, Inc. (the “Company”) to the undersigned (the “Optionee”) on December 1, 2010 (the “Date of Grant”) of an
option (the “Option”) under the Healthcare Technology Holdings, Inc. 2010 Equity Incentive Plan (the “Plan”), the terms of which are incorporated herein by reference, to purchase, in whole or in part, on the terms
provided herein and in the Plan, the number of shares of Stock set forth in Schedule A (the “Shares”) with an exercise price of $1.00 per share (the Fair Market Value of the Stock on the Date of Grant), in each case subject to
adjustment pursuant to Section 7 of the Plan. The Option will vest in accordance with Section 3 below. 
 The Option evidenced by
this Agreement is intended to be a nonstatutory option (that is, an option not described in subsection (b) of Section 422) and is granted to the Optionee in connection with the Optionee’s Employment by the Company and its qualifying
subsidiaries. For purposes of the immediately preceding sentence, “qualifying subsidiary” means a subsidiary of the Company as to which the Company has a “controlling interest” as described in Treas. Regs.
§ 1.409A-1(b)(5)(iii)(E)(1). 

 2. Meaning of Certain Terms. Except as otherwise defined herein, all capitalized terms
used in this Agreement shall have the same meaning as in the Plan. The following terms shall have the following meanings: 

(a) “Annual EBITDA” means Consolidated Adjusted EBITDA for the applicable fiscal year ending December 31.

 (b) “Annual EBITDA Target” has the meaning set forth in Schedule A. 

(c) “Beneficiary” means, in the event of the Optionee’s death, the beneficiary named in the written
designation (in form acceptable to the Administrator) most recently filed with the Administrator by the Optionee prior to death and not subsequently revoked, or, if there is no such designated beneficiary, the executive or administrator of the
Optionee’s estate. An effective beneficiary designation shall be treated as having been revoked only upon receipt by the Administrator, prior to the Optionee’s death, of an instrument of revocation in form acceptable to the Administrator.
If the Option or any portion thereof has been transferred to a Permitted Transferee who is a natural person and such Permitted Transferee dies while the Option or transferred portion thereof is outstanding, the Option or portion thereof so
transferred may thereafter be exercised, to the extent it remains exercisable and subject to such limitations as the Administrator may impose, by the person or persons to whom it passed from the Permitted Transferee by the applicable laws of descent
and distribution. 
 (d) “Cash Proceeds” means, as of any Determination Date occurring after the Closing
Date, the cumulative total of all cash and Marketable Securities actually received by the Investors after the Closing Date and on or before such Determination Date in respect of the Investors’ Initial Equity Investment, excluding, for the
avoidance of doubt, management, consulting, monitoring, advisory or similar fees paid to affiliates of the Investors that are contemplated by the Management Services Agreement dated February 26, 2010 by and among the Company, Healthcare
Acquisition, Inc., Healthcare Technology Intermediate Holdings, Inc., Healthcare Technology Intermediate, Inc., TPG Capital, L.P. and the other parties thereto (the “Management Agreement”) or associated with the termination of such
agreement. 
 (e) “Closing Date” means February 26, 2010. 

(f) “Consolidated Adjusted EBITDA” has the meaning set forth in the Credit and Guaranty Agreement dated as of
February 26, 2010 among IMS Health Incorporated, IMS AG, IMS Japan K.K., Healthcare Technology Intermediate Holdings, Inc., Goldman Sachs Lending Partners LLC, Bank of America, N.A., Barclays Capital, HSBC Securities (USA) Inc., RBC Capital
Markets, Fifth Third Bank, General Electric Capital Corporation, Mizuho Corporate Bank, Ltd., Suntrust Bank and the other parties thereto, except that for purposes of this Agreement, Consolidated Adjusted EBITDA shall be determined without regard to
subsection (i) of such definition. 
 (g) “Cumulative EBITDA” means the sum of the Annual EBITDA for
the relevant fiscal year and the immediately preceding fiscal year. This amount is then used to test whether the applicable Cumulative EBITDA Target has been met. 

  
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 (h) “Cumulative EBITDA Target” has the meaning set forth in
Schedule A. 
 (i) “Determination Date” means as to any cash received by the Investors in respect of their
Initial Equity Investment, the date such cash is actually received, or as to any Marketable Securities actually received by the Investors in respect of their Initial Equity Investment, the “measurement date” as referred to in
Section 2(p) below. 
 (j) “Employment Agreement” means the Employment Agreement between the Optionee,
the Company and IMS Health Incorporated dated as of August 16, 2010 and effective as of September 1, 2010. 
 (k)
“Initial Equity Investment” means the Shares issued to the Investors as of February 26, 2010, including any stock, securities or other property or interests received by the Investors in respect of such shares in connection with
any stock dividend or other similar distribution, stock split or combination of shares, recapitalization, conversion, reorganization, consolidation, split-up, spin-off, combination, repurchase, merger, exchange of stock or other transaction or event
that affects the Company’s capital stock occurring after the date of issuance, but not including, for the avoidance of doubt, any stock or other securities issued to the Investors or any of them in respect of any subsequent investment or
capital contribution made by the Investors or any of them. 
 (l) “Initial Investment Value” means
$2,770,000,000. 
 (m) “Investors” has the same meaning as set forth in the Management Stockholders
Agreement. 
 (n) “IRR” means the internal rate of return actually earned by the Investors on their cash
investment to purchase shares of Stock. The internal rate of return shall take into account the amount and timing of all (i) cash dividends and distributions to such Investors in respect of the shares of Stock owned by them (excluding, for the
avoidance of doubt, management, consulting, monitoring, advisory or similar fees paid to affiliates of the Investors that are contemplated by the Management Agreement or associated with the termination of such agreement), (ii) cash proceeds
from the sale or other disposition of any such shares of Stock and (iii) Marketable Securities received in respect of such shares of Stock. 

(o) “Merger” has the same meaning as that term is defined in the Management Stockholders Agreement. 

(p) “Option Holder” means the Optionee or, if as of the relevant time the Option has passed to a Beneficiary
or Permitted Transferee, the Beneficiary or Permitted Transferee, as the case may be, who holds the Option pursuant to the terms of this Agreement. 

(q) “Marketable Securities” means any equity security (including Stock or any security issued by the Company
in substitution or exchange for such Stock) that is 

  
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both (i) of a class that includes equity securities that are listed on a national securities exchange and (ii) registered under the Securities Exchange Act of 1934, as amended, in each
case as of the applicable determination date; provided, however, that Marketable Securities shall not include any such equity securities described above to the extent that, and only for so long as, the equity securities of such type or
class received by the Investors are subject to a contractual lock-up or similar agreement restricting transferability or may not be distributed or resold without volume limitation or other restrictions on transfer under Rule 144 under the Securities
Act of 1933, as amended (or any successor provision thereof), including without application of paragraphs (c), (e), (f) and (h) of such Rule 144. For purposes of this Agreement, the value of the Marketable Securities on any
“measurement date” (which shall be the date of initial receipt of Marketable Securities by the Investors, the date any such contractual lockup or similar restriction expires or the last day of each calendar quarter beginning with the
calendar quarter within which the initial receipt of Marketable Securities by the Investors occurred) shall be equal to the average of the Trading Price of such Marketable Securities over each of the forty-five (45) consecutive Trading Days
immediately preceding (and including) such measurement date; provided, however, that the Administrator shall be entitled to make equitable adjustments to such valuation methodology in the event of an extraordinary transaction occurring
during any such forty-five (45) Trading Day period ending on such measurement date. 
 (r) “Performance
Period” means the five (5) year period beginning on January 1, 2011 and ending on December 31, 2015. 

(s) “Permitted Transferee” means a transferee of the Option pursuant to a transfer described at Section 7
below. 
 (t) “Trading Day” means each business day during such calendar quarter in which the Trading Price
of the Stock or Marketable Securities, as applicable, is reported by the principal securities exchange or, solely in the case of Stock, furnished by a member of the National Association of Securities Dealers, inc. (“NASD”) selected
by the Board or determined by the Board in good faith. 
 (u) “Trading Price” means (i) the closing
price on such day of a share of Stock or Marketable Securities, as applicable, as reported on the principal securities exchange on which shares of Stock or Marketable Securities, as applicable, are then listed or admitted to trade or (ii) if
not so reported, as furnished by any member of the NASD selected by the Board. In the event that the price of a share of Stock is not so reported or furnished, the Trading Price will be determined by the Board in good faith. 

(v) “Tranche 1 Options” means the portion of the Option to purchase the number of shares of Stock set forth in
Schedule A that is subject to time-based vesting in accordance with the terms of this Agreement, including Schedule A, and the Plan. 

  
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 (w) “Tranche 2 Options” means the portion of the Option to
purchase the number of shares of Stock set forth in Schedule A that is subject to time-based and performance-based vesting in accordance with the terms of this Agreement, including Schedule A, and the Plan. 

3. Vesting; Method of Exercise; Treatment of the Option Upon Cessation of Employment.  

(a) Generally. As used herein with respect to the Option or any portion thereof, the term “vest” means to
become exercisable. Unless earlier terminated, relinquished or expired, the Tranche 1 Options and the Tranche 2 Options shall vest in accordance with the terms of Schedule A applicable thereto. 

(b) Exercise of the Option. No portion of the Option may be exercised until such portion vests and, with respect to the
Tranche 2 Options, is earned under Schedule A. Each election to exercise any vested and, with respect to the Tranche 2 Options, earned portion of the Option shall be subject to the terms and conditions of the Plan and shall be in writing, signed by
the Optionee or by the Beneficiary or Permitted Transferee to whom such portion of the Option has passed (subject to any restrictions provided under the Plan and the Management Stockholders Agreement). Each such written exercise election must be
received by the Company at its principal office and be accompanied by payment in full as provided in the Plan. The purchase price may be paid (i) by cash or check acceptable to the Administrator, (ii) by such other means, if any, as may be
acceptable to the Administrator, or (iii) by any combination of the foregoing permissible forms of payment; provided, however, that in addition to the foregoing, in the event of an exercise of the Option, or a portion of the
Option, in connection with or following a cessation of Employment as result of death, Disability, termination by the Company without Cause, voluntary resignation for Good Reason, an Expiration Termination (as defined in the Employment Agreement),
the Optionee’s Retirement, or a voluntary resignation without Good Reason after September 1, 2013, or in the event of an exercise of the Option, or a portion of the Option on or immediately prior to the Final Exercise Date while the
Optionee remains employed, the purchase price may be paid, at the Optionee’s election, on a cashless basis under which shares of Stock otherwise deliverable under the Option and having a Fair Market Value equal to the exercise price are
withheld by the Company in accordance with the Plan. In the event that the Option is exercised by a person other than the Optionee, the Company will be under no obligation to deliver Shares hereunder unless and until it is satisfied as to the
authority of the Option Holder to exercise the Option. The latest date on which the Option or any portion thereof may be exercised is the 10th anniversary of the Date of Grant, (the “Final Exercise Date”), and if not exercised by
such date the Option or any remaining portion thereof will thereupon immediately terminate. 

  
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 (c) Treatment of the Option Upon Cessation of Employment. If the
Optionee’s Employment ceases, the Option to the extent not already vested will be immediately forfeited and any vested portion of the Option will be treated as follows: 

(i) Subject to (ii), (iii), (iv), (v) and (vi) below and Schedule A (with respect to Tranche 2 Options), the Option,
to the extent exercisable immediately prior to the cessation of the Optionee’s Employment, will remain exercisable until the earlier of (i) 30 days following cessation of Employment or (ii) the Final Exercise Date, and, unless
previously exercised, will thereupon immediately terminate. 
 (ii) In the event of cessation of the Optionee’s
Employment by reason of death or Disability, the Option, to the extent exercisable immediately prior to Optionee’s death or Disability, will remain exercisable until the earlier of (i) the first anniversary of the Optionee’s death or
Disability, or (ii) the Final Exercise Date, and, unless previously exercised, will thereupon immediately terminate. 

(iii) In the event of cessation of the Optionee’s Employment by the Company without Cause, by the Optionee for Good
Reason, or upon an Expiration Termination, the Option, to the extent exercisable immediately prior to the cessation of the Optionee’s Employment, will remain exercisable until the earlier of (i) 90 days following cessation of Employment,
or (ii) the Final Exercise Date, and, unless previously exercised, will thereupon immediately terminate. 
 (iv) In the
event of cessation of the Optionee’s Employment due to the Optionee’s Retirement, the Option, to the extent exercisable immediately prior to the cessation of the Optionee’s Employment, will remain exercisable until the earlier of
(i) 90 days following cessation of Employment, or (ii) the Final Exercise Date, and, unless previously exercised, will thereupon immediately terminate. 

(v) The Option will terminate immediately prior to a cessation of the Optionee’s Employment if such cessation of
Employment has resulted in connection with an act or failure to act constituting Cause. 
 (vi) In the event the Optionee
terminates Employment for any reason and, within 24 months of such termination date, breaches any non-competition or non-solicitation covenant or materially breaches any confidentiality, non-disclosure or other similar covenant, the Option will be
treated as having terminated immediately prior to such cessation of Employment. 
 4. Adjustment of Annual and Cumulative EBITDA
Targets. Annual and Cumulative EBITDA targets for a particular fiscal year as described in Schedule A will be adjusted to reflect the consequences of future acquisitions and dispositions, future reasonable management and investment banking fees
consistent with industry standards, the impact of foreign currency exchange rates or in the event of changes in GAAP. Any such adjustments shall be made in good faith by the Administrator in its discretion after consultation with the CEO and due
consideration of his recommendations related to the foregoing. 
 5. Share Restrictions, etc. Except as expressly provided herein,
the Optionee’s rights hereunder and with respect to Shares received upon exercise are subject to the restrictions and other provisions contained in the Management Stockholders Agreement. 

  
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 6. Legends, etc. Shares issued upon exercise shall bear such legends as may be required or
provided for under the terms of the Management Stockholders Agreement. 
 7. Transfer of Option. The Option may only be transferred
to a legal representative in the event of the Optionee’s incapacity or to one or more transferees permitted under Section 6(a)(3) of the Plan. 

8. Withholding. The exercise of the Option will give rise to “wages” subject to withholding. The Optionee expressly
acknowledges and agrees that the Optionee’s rights hereunder, including the right to be issued Shares upon exercise, are subject to the Optionee promptly paying to the Company in cash (or by such other means as may be acceptable to the
Administrator in its discretion) all taxes required to be withheld. In the event of an exercise of the Option, or a portion of the Option, in connection with or following a cessation of Employment as result of death, Disability, termination by the
Company without Cause, voluntary resignation for Good Reason, an Expiration Termination, the Optionee’s Retirement, or a voluntary resignation without Good Reason after September 1, 2013, or in the event of an exercise of the Option, or a
portion of the Option, on or immediately prior to the Final Exercise Date while the Optionee remains employed, the Optionee may elect to have shares of Stock held back by the Company having a Fair Market Value equal to the applicable minimum tax
withholding requirements in accordance with the Plan. The Optionee also authorizes the Company and its subsidiaries to withhold such amount from any amounts otherwise owed to the Optionee and the Company may so withhold. 

9. Treatment of the Option upon Consummation of a Covered Transaction. 

(a) Notwithstanding Section 7(a)(3) of the Plan that permits the Administrator, in its discretion, to accelerate the
exercisability of Awards in connection with a Covered Transaction in which there is no assumption, continuation, substitution or cash-out of an Award, the portion of the Tranche 1 Option that is outstanding immediately prior the consummation of a
Covered Transaction, to the extent that it is not assumed, continued, substituted or cashed-out in connection with the Covered Transaction in accordance with the terms of the Plan, shall vest in full immediately prior to the consummation of such
Covered Transaction. 
 (b) For the avoidance of doubt, the Tranche 2 Option (or portion thereof) that does not vest and
become earned in connection with a Covered Transaction occurring on or prior to February 26, 2016 as a result of the targets set forth in the penultimate paragraph of Schedule A hereto not having been satisfied in connection with such Covered
Transaction shall, to the extent practicable, remain outstanding and eligible to vest and become earned based on attainment of the Annual EBITDA Target(s) or Cumulative EBITDA Target(s) set forth in Schedule A hereto, and if such treatment is not
practicable, such Tranche 2 Option (or portion thereof) shall vest and become earned immediately prior to the consummation of such Covered Transaction. On or 

  
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after February 26, 2016, to the extent that the Tranche 2 Options do not vest and become earned in connection with a Covered Transaction, such Tranche 2 Options shall thereupon terminate
upon the consummation of the Covered Transaction with no consideration due to the Optionee. 
 10. Effect on Employment. Neither the
grant of the Option, nor the issuance of Shares upon exercise of the Option, shall give the Optionee any right to be retained in the employ of the Company or any of its Affiliates, affect the right of the Company or any of its Affiliates to
discharge or discipline such Optionee at any time, or affect any right of such Optionee to terminate his or her Employment at any time. 

11. Other Undertakings. 

(a) To protect the interests of the Company and its direct and indirect subsidiaries (collectively, the “IMS
Companies”), including the confidential information of the IMS Companies and the confidential information of their respective customers, data suppliers, prospective customers and other companies with which the IMS Companies have a business
relationship, and in consideration of the covenants and promises and other valuable consideration described in this Agreement, the Company and the Optionee agree as follows: 

(b) The Optionee acknowledges and agrees that he is bound by the confidentiality and other covenants contained in the
restrictive covenant and confidentiality agreements that he has executed with an IMS Company, which covenants and agreements are incorporated herein by reference and shall survive any exercise, expiration, forfeiture or other termination of this
Agreement or the Option issuable hereunder. The Optionee also acknowledges and agrees that the Company shall be an affiliate for purposes of such restrictive covenant and confidentiality agreements. 

(c) The Optionee acknowledges the opportunity to participate in the Plan and the financial benefits that may accrue from such
participation, is good, valuable and sufficient consideration for the following: 
 (i) The Optionee acknowledges and agrees
that he is and will remain bound by the non-competition and non-solicitation covenants contained in the Employment Agreement. 

(ii) The Optionee further acknowledges and agrees that the remedies available for breach of any non-competition or
non-solicitation covenants shall include, but not be limited to, the following: (v) actual damages, (w) all equitable remedies available to the Company, (x) the rights and remedies of the Company set forth in Section 5 of the
Management Stockholders Agreement, (y) the forfeiture of the Option for no consideration, and (z) in respect of the Option (or portion thereof) exercised by the Optionee prior to any such breach or subsequent thereto and prior to the
forfeiture of such award required by this Section 12(c)(ii), the Optionee shall pay to the Company an amount equal to the difference between 

  
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the exercise price of the Option and the per-share proceeds of any sale of Stock acquired upon such exercise multiplied by the number of shares of Stock so sold. The Company shall also be
entitled to the foregoing remedies in the event of a material breach of any confidentiality, non-disclosure or other similar covenant contained in the restrictive covenant and confidentiality agreements that the Optionee has executed with an IMS
Company. 
 12. Provisions of the Plan. This Agreement is subject in its entirety to the provisions of the Plan, which are
incorporated herein by reference. A copy of the Plan as in effect on the Date of Grant has been furnished to the Optionee and the Optionee agrees to be bound by the terms of the Plan and this Agreement. In the event of any conflict between the terms
of this Agreement and the terms of the Plan, the terms of this Agreement shall control. The Company acknowledges and agrees that, for purposes of this Agreement and the Plan, the terms “Cause” and “Good Reason” shall be
determined in accordance with and pursuant to the Employment Agreement. 
 13. S-8 Registration. As soon as practicable after the
time that Shares are first registered by the Company pursuant to an effective registration on Form S-1, the Company shall register the Shares, issuable to the Optionee upon the exercise of any portion of the Option, pursuant to a Form S-8 (or
successor registration form); provided that the Optionee shall agree to bound by any applicable lock-up agreement in connection with such registration, pursuant to Section 3.6 of the Management Stockholders Agreement or otherwise. 

14. Governing Law. This Agreement and all claims arising out of or based upon this Agreement or relating to the subject matter hereof
shall be governed by and construed in accordance with the domestic substantive laws of the State of Delaware without giving effect to any choice or conflict of laws provision or rule that would cause the application of the domestic substantive laws
of any other jurisdiction. 
 By acceptance of the Option, the undersigned agrees hereby to become a party to, and be bound by the terms of,
the Management Stockholders Agreement. 
 [The remainder of this page is intentionally left blank] 

  
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 Executed as of the      day of December, 2010. 

 

									
	Healthcare Technology Holdings, Inc.	 		 		 	HEALTHCARE TECHNOLOGY HOLDINGS, INC.
				
		 		 	By:	 	  

		 		 		 	Name:	 	Harvey A. Ashman
		 		 		 	Title:	 	SVP, General Counsel, External Affairs and Corporate Secretary
				
	Optionee	 		 		 	  

		 		 		 	Name:	 	Ari Bousbib

 [Signature Page to Senior Management Nonstatutory Option Agreement]EX-10.1

 Exhibit 10.1 

SECOND AMENDMENT 
 THIS
SECOND AMENDMENT (this “Amendment”) is made and entered into as of December 20, 2013, by and between CA-METRO CENTER LIMITED PARTNERSHIP, a Delaware limited partnership (“Landlord”), and SCICLONE
PHARMACEUTICALS, INC., a Delaware corporation (“Tenant”). 
 RECITALS 

 

	A.	Landlord and Tenant are parties to that certain lease dated May 17, 2007, as previously confirmed by that certain Notice of Lease Term Dates dated October 22, 2007 and as further amended by that certain First
Amendment (“First Amendment”) dated September 22, 2008 (as amended, the “Lease”). Pursuant to the Lease, Landlord has leased to Tenant space currently containing approximately 21,517 rentable square feet
(the “Existing Premises”) at the building commonly known as Metro Center Tower located at 950 Tower Lane, Foster City, California (the “Building”) and described as (i) Suite 900 (“Suite 900”)
consisting of approximately 10,310 rentable square feet on the ninth floor of the Building; (ii) Suite 925 (“Suite 925”) consisting of approximately 2,189 rentable square feet on the ninth floor of the Building; and
(iii) Suite 950 (“Suite 950”) consisting of approximately 9,018 rentable square feet located on the ninth floor of the Building. 

  

	B.	The Lease will expire by its terms on June 30, 2014 (the “Existing Termination Date”). Except as provided in Recital C below, the parties wish to extend the term of the Lease on the
following terms and conditions. 

  

	C.	With respect to the portion of the Existing Premises containing approximately 9,631 rentable square feet described as all of Suite 925 on the ninth floor of the Building and a portion of Suite 950 consisting of
approximately 7,442 rentable square feet on the ninth floor of the Building and shown on Exhibit A attached hereto (collectively, the “Reduction Space”), the parties wish to extend the expiration date of the Lease
to a date earlier than that which applies to the Remaining Premises (as defined in Section 2.1.A below), on the following terms and conditions. 

NOW, THEREFORE, in consideration of the above recitals which by this reference are incorporated herein, the mutual covenants and
conditions contained herein and other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant agree as follows: 
  

	1.	Extension. Except as provided in Section 2 below, the term of the Lease is hereby extended through June 30, 2018 (the “Extended Termination Date”). The portion of the term
of the Lease beginning on the date immediately following the Existing Termination Date (the “Extension Date”) and ending on the Extended Termination Date shall be referred to herein as the “Extended Term”.

  

	2.	Reduction. 

  

	 	2.1.	Reduction Space Expiration Date. Subject to the terms hereof, the term of the Lease shall expire, with respect to the Reduction Space only, on June 30, 2014 (the “Reduction Space Expiration
Date”) with the same force and effect as if such term were, by the provisions of the Lease, fixed to expire with respect to the Reduction Space on the Reduction Space Expiration Date (the “Reduction”). Without limiting the
foregoing: 

  

	 	A.	From and after the date immediately following the Reduction Space Expiration Date (the “Reduction Effective Date”), the Premises shall consist solely of the Existing Premises less the Reduction Space
(the “Remaining Premises”) and shall be deemed to contain 11,886 rentable square feet. 

  

	 	B.	Tenant shall surrender the Reduction Space to Landlord in accordance with the terms of the Lease on or before the Reduction Space Expiration Date. 

 

	 	C.	Tenant shall remain liable for all Rent and other amounts payable under the Lease with respect to the Reduction Space for the period up to and including the Reduction Space Expiration Date, even though billings for such
amounts may occur after the Reduction Space Expiration Date. 

  

	 	D.	Tenant’s restoration obligations with respect to the Reduction Space shall be as set forth in the Lease. 

  
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	 	E.	If Tenant fails to surrender any portion of the Reduction Space on or before the Reduction Space Expiration Date, Tenant’s tenancy with respect to the Reduction Space shall be subject to Section 22 of the
Lease. 

  

	 	F.	Any other rights or obligations of Landlord or Tenant under the Lease relating to the Reduction Space that, in the absence of the Reduction, would have survived the Extended Expiration Date shall survive the Reduction
Space Expiration Date. 

  

	 	2.2	Intentionally Omitted. 

  

	3.	Base Rent. Remaining Premises During Extended Term. With respect to the Remaining Premises during the Extended Term, the schedule of Base Rent shall be as follows: 

 

					
	 Period of Extended Term
	 	 Annual Rate Per Square Foot

(rounded to the nearest 100th of a dollar)
	 	 Monthly Base Rent

	7/1/14 – 6/30/15	 	$52.20	 	$51,704.10
	7/1/15 – 6/30/16	 	$53.77	 	$53,259.19
	7/1/16 – 6/30/17	 	$55.38	 	$54,853.89
	7/1/17 – 6/30/18	 	$57.04	 	$56,498.12

 Notwithstanding the foregoing, so long as no Default exists, Tenant shall be entitled to an abatement of Base
Rent, in the amount of $51,704.10 per month, for the first four (4) consecutive full calendar months of the Extended Term; provided, however, that if the Lease (as amended) is terminated due to a Default before the Extended Termination Date,
Tenant shall pay to Landlord, at or before such termination, the unamortized portion of such abated Base Rent. 
 All such Base Rent shall be
payable by Tenant in accordance with the terms of the Lease. 
  

	4.	Additional Security Deposit. No additional Security Deposit shall be required in connection with this Amendment. Effective as of the date hereof, and so long as Tenant is not in Default, the Security
Deposit held by Landlord as provided under Sections 1.08 and 6 of the Lease (as amended by Section 4 of the First Amendment) shall be reduced from $101,755.50 to $56,498.12 (the “Deposit Reduction”) and Landlord shall deliver
the amount of $45,257.38 to Tenant within 30 days of the date hereof. 

  

	5.	Tenant’s Pro Rata Share. With respect to the Remaining Premises during the Extended Term, Tenant’s Pro Rata Share shall be 3.0221%. 

 

	6.	Expenses and Taxes. With respect to the Remaining Premises during the Extended Term, Tenant shall pay for Tenant’s Pro Rata Share of Expenses and Taxes in accordance with the terms of the Lease;
provided, however, that, with respect to the Remaining Premises during the Extended Term, the Base Year for Expenses and Taxes shall be 2014. 

  

	7.	Improvements to Remaining Premises. 

  

	 	7.1.	Configuration and Condition of Remaining Premises. Tenant acknowledges that it is in possession of the Remaining Premises and agrees to accept it “as is” without any representation by Landlord regarding
its configuration or condition and without any obligation on the part of Landlord to perform or pay for any alteration or improvement, except as may be otherwise expressly provided in this Amendment. 

 

	 	7.2.	Responsibility for Improvements to Remaining Premises. Landlord shall perform improvements to the Remaining Premises in accordance with the Extension Work Letter attached hereto as Exhibit B.

  

	8.	Representations. Tenant represents and warrants that, as of the date hereof and the Reduction Space Expiration Date: (a) Tenant is the rightful owner of all of the Tenant’s interest in the Lease;
(b) except for an existing sublease for Suite 925, which sublease expires on the Reduction Space Expiration Date, Tenant has not subleased the Reduction Space or made any disposition, assignment or conveyance of the Lease or Tenant’s
interest therein; (c) Tenant has no knowledge of any fact or circumstance which would give rise to any claim, demand, obligation, liability, action or cause of action arising out of or in connection with Tenant’s occupancy of the Reduction
Space; (d) no other person or entity has an interest in the Lease, collateral or otherwise; and (e) there are no outstanding contracts for the supply of labor or material and no work has been done or is being done in, to or about the
Reduction Space which has not been fully paid for and for which appropriate waivers of mechanic’s liens have not been obtained. 

  
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	9.	Landlord’s Right to Terminate. Notwithstanding any contrary provision hereof, if Tenant breaches any of its representations, warranties or covenants hereunder, Landlord, by written notice to Tenant,
may terminate Sections 1 through 8 above, in which event such Sections of this Amendment shall be of no force or effect and, if Landlord has received an additional Security Deposit or the Reduction Fee, Landlord shall
promptly return it to Tenant, but only after applying it against any past due Rent. 

  

	10.	Intentionally Omitted. 

  

	11.	Other Pertinent Provisions. Landlord and Tenant agree that, effective as of the date of this Amendment (unless different effective date(s) is/are specifically referenced in this Section), the Lease shall
be amended in the following additional respects: 

  

	 	11.1.	California Public Resources Code § 25402.10. If Tenant (or any party claiming by, through or under Tenant) pays directly to the provider for any energy consumed at the Building, Tenant, promptly upon
request, shall deliver to Landlord (or, at Landlord’s option, execute and deliver to Landlord an instrument enabling Landlord to obtain from such provider) any data about such consumption that Landlord, in its reasonable judgment, is required
to disclose to a prospective buyer, tenant or mortgage lender under California Public Resources Code § 25402.10 or any similar law. 

  

	 	11.2.	California Civil Code Section 1938. Pursuant to California Civil Code § 1938, Landlord hereby states that the Existing Premises have not undergone inspection by a Certified Access Specialist (CASp)
(defined in California Civil Code § 55.52). 

  

	 	11.3.	Parking. Notwithstanding anything in the Lease (as amended) to the contrary and effective as of the Reduction Effective Date, Tenant shall be entitled to use 39 non-reserved parking spaces in the Parking
Facility. 

  

	 	11.4.	Deletions. Section 2 (Renewal Option) of Exhibit F to the Lease, Exhibit H (Suite 925 Offering Space) to the Lease; Exhibit I (Suite 950 Offering Space) to the Lease; and Section 9.07 (Renewal Option)
of the First Amendment are hereby deleted in their entirety and are of no further force or effect. 

  

	12.	Second Extension Option. 

  

	 	12.1.	Grant of Option; Conditions. Tenant shall have the right (the “Second Extension Option”) to extend the Extended Term for one (1) additional period of five (5) years beginning on the day
immediately following the Extended Term and ending on the fifth anniversary of such expiration date (the “Second Extension Term”), if: 

  

	 	(A)	not less than 9 and not more than 12 full calendar months before the expiration date of the Lease, Tenant delivers written notice to Landlord (for purposes of this Section 12, the “Extension
Notice”) electing to exercise the Second Extension Option and stating Tenant’s estimate of the Prevailing Market (defined in Section 12.5 below) rate for the Second Extension Term; 

 

	 	(B)	no Default exists when Tenant delivers the Extension Notice; 

  

	 	(C)	no part of the Premises is sublet (other than pursuant to a Business Transfer) when Tenant delivers the Extension Notice; and 

  

	 	(D)	the Lease, as amended, has not been assigned (other than pursuant to a Business Transfer) before Tenant delivers the Extension Notice. 

 

	 	12.2.	Terms Applicable to Second Extension Term. 

  

	 	A.	During the Second Extension Term, (a) the Base Rent rate per rentable square foot shall be equal to the Prevailing Market rate per rentable square foot; (b) Base Rent shall increase, if at all, in accordance
with the increases assumed in the determination of Prevailing Market rate; and (c) Base Rent shall be payable in monthly installments in accordance with the terms and conditions of the Lease, as amended,. 

 

	 	B.	During the Second Extension Term Tenant shall pay Tenant’s Pro Rata Share of Expenses and Taxes for the Premises in accordance with the Lease, as amended. 

  
 3 

	 	12.3.	Procedure for Determining Prevailing Market. 

  

	 	A.	Initial Procedure. Within 30 days after receiving the Extension Notice, Landlord shall give Tenant either (i) written notice (for purposes of this Section 12, “Landlord’s
Binding Notice”) accepting Tenant’s estimate of the Prevailing Market rate for the Second Extension Term stated in the Extension Notice, or (ii) written notice (for purposes of this Section 12, “Landlord’s
Rejection Notice”) rejecting such estimate and stating Landlord’s estimate of the Prevailing Market rate for the Second Extension Term. If Landlord gives Tenant a Landlord’s Rejection Notice, Tenant, within 15 days
thereafter, shall give Landlord either (i) written notice (for purposes of this Section 12, “Tenant’s Binding Notice”) accepting Landlord’s estimate of the Prevailing Market rate for the Second Extension
Term stated in such Landlord’s Rejection Notice, or (ii) written notice (for purposes of this Section 12, “Tenant’s Rejection Notice”) rejecting such estimate. If Tenant gives Landlord a Tenant’s
Rejection Notice, Landlord and Tenant shall work together in good faith to agree in writing upon the Prevailing Market rate for the Second Extension Term. If, within 30 days after delivery of a Tenant’s Rejection Notice, the parties fail
to agree in writing upon the Prevailing Market rate, the provisions of Section 12.3.B below shall apply. 

  

	 	B.	Dispute Resolution Procedure. 

  

	 	1.	If, within 30 days after delivery of a Tenant’s Rejection Notice, the parties fail to agree in writing upon the Prevailing Market rate, Landlord and Tenant, within five (5) days thereafter, shall each
simultaneously submit to the other, in a sealed envelope, its good faith estimate of the Prevailing Market rate for the Second Extension Term (for purposes of this Section 12, collectively, the “Estimates”). Within
seven (7) days after the exchange of Estimates, Landlord and Tenant shall each select an appraiser to determine which of the two Estimates most closely reflects the Prevailing Market rate for the Second Extension Term. Each appraiser so
selected shall be certified as an MAI appraiser or as an ASA appraiser and shall have had at least five (5) years’ experience within the previous 10 years as a real estate appraiser working in Foster City, California, with working
knowledge of current rental rates and leasing practices relating to buildings similar to the Building. For purposes hereof, an “MAI” appraiser means an individual who holds an MAI designation conferred by, and is an independent
member of, the American Institute of Real Estate Appraisers (or its successor organization, or in the event there is no successor organization, the organization and designation most similar), and an “ASA” appraiser means an
individual who holds the Senior Member designation conferred by, and is an independent member of, the American Society of Appraisers (or its successor organization, or, in the event there is no successor organization, the organization and
designation most similar). 

  

	 	2.	 If each party selects an appraiser in accordance with Section 12.3.B.1 above, the parties shall cause their respective appraisers to work
together in good faith to agree upon which of the two Estimates most closely reflects the Prevailing Market rate for the Second Extension Term. The Estimate, if any, so agreed upon by such appraisers shall be final and binding on both parties as the
Prevailing Market rate for the Second Extension Term and may be entered in a court of competent jurisdiction. If the appraisers fail to reach such agreement within 20 days after their selection, then, within 10 days after the expiration of
such 20-day period, the parties shall instruct the appraisers to select a third appraiser meeting the above criteria (and if the appraisers fail to agree upon such third appraiser within 10 days after being so instructed, either party may cause
a court of competent jurisdiction to select such third appraiser). Promptly upon selection of such third appraiser, the parties shall instruct such appraiser (or, if only one of the parties has selected an appraiser within the 7-day period described
above, then promptly after the expiration of such 7-day period the parties shall instruct such appraiser) to determine, as soon as practicable but in any case within 14 days after his selection, which of the two Estimates most closely reflects
the Prevailing Market rate. Such determination by such appraiser (for purposes of this Section 12, the “Final Appraiser”) shall be final and 

  
 4 

	 	
binding on both parties as the Prevailing Market rate for the Second Extension Term and may be entered in a court of competent jurisdiction. If the Final Appraiser believes that expert advice
would materially assist him, he may retain one or more qualified persons to provide such expert advice. The parties shall share equally in the costs of the Final Appraiser and of any experts retained by the Final Appraiser. Any fees of any other
appraiser, counsel or expert engaged by Landlord or Tenant shall be borne by the party retaining such appraiser, counsel or expert. 

  

	 	C.	Adjustment. If the Prevailing Market rate has not been determined by the commencement date of the Second Extension Term, Tenant shall pay Base Rent for the Second Extension Term upon the terms and conditions in
effect during the last month ending on or before the expiration date of the Lease until such time as the Prevailing Market rate has been determined. Upon such determination, the Base Rent for the Second Extension Term shall be retroactively
adjusted. If such adjustment results in an under- or overpayment of Base Rent by Tenant, Tenant shall pay Landlord the amount of such underpayment, or receive a credit in the amount of such overpayment, with or against the next Base Rent due under
the Lease, as amended. 

  

	 	12.4.	Extension Amendment. If Tenant is entitled to and properly exercises its Second Extension Option, and if the Prevailing Market rate for the Second Extension Term is determined in accordance with
Section 12.3 above, Landlord, within a reasonable time thereafter, shall prepare and deliver to Tenant an amendment (for purposes of this Section 12, the “Extension Amendment”) reflecting changes in the Base
Rent, the term of the Lease, the expiration date of the Lease, and other appropriate terms in accordance with this Section 12, and Tenant shall execute and return (or provide Landlord with reasonable objections to) the Extension
Amendment within 15 days after receiving it. Notwithstanding the foregoing, upon determination of the Prevailing Market rate for the Second Extension Term in accordance with Section 12.3 above, an otherwise valid exercise of the
Second Extension Option shall be fully effective whether or not the Extension Amendment is executed. 

  

	 	12.5.	Definition of Prevailing Market. For purposes of this Second Extension Option, “Prevailing Market” shall mean the arms-length, fair-market, annual rental rate per rentable square foot under
extension and renewal leases and amendments entered into on or about the date on which the Prevailing Market is being determined hereunder for space comparable to the Premises in the Building and office buildings comparable to the Building in the
Foster City, California area. The determination of Prevailing Market shall take into account (i) any material economic differences between the terms of the Lease, as amended, and any comparison lease or amendment, such as rent abatements,
construction costs and other concessions, and the manner, if any, in which the landlord under any such lease is reimbursed for operating expenses and taxes; (ii) any material differences in configuration or condition between the Premises and
any comparison space, including any cost that would have to be incurred in order to make the configuration or condition of the comparison space similar to that of the Premises; and (iii) any reasonably anticipated changes in the Prevailing
Market rate from the time such Prevailing Market rate is being determined and the time such Prevailing Market rate will become effective under the Lease, as amended. 

 

	 	12.6.	Intentionally Omitted. 

  

	13.	Other Provisions. 

  

	 	13.1.	Liability Insurance. Clause (a) of the first sentence of Section 14 of the Lease is hereby amended by replacing the amount “$2,000,000.00” set forth therein with the amount
“$3,000,000.00.” 

  

	 	13.2.	Waiver of Subrogation. Each party waives, and shall cause its insurance carrier to waive, any right of recovery against the other party, any of its (direct or indirect) owners, or any of their respective
beneficiaries, trustees, officers, directors, employees or agents for any loss of or damage to property which loss or damage is (or, if the insurance required under the Lease had been carried, would have been) covered by the waiving party’s
property insurance. For purposes of this Section only, (a) any deductible with respect to a party’s insurance shall be deemed covered by, and recoverable by such party under, valid and collectable policies of insurance; and (b) any
contractor retained by Landlord to install, maintain or monitor a fire or security alarm for the Building shall be deemed an agent of Landlord. 

  
 5 

	 	13.3.	Intentionally Omitted. 

  

	 	13.4.	Base Year Expenses. Notwithstanding any contrary provision of the Lease, Expenses for the Base Year shall exclude (a) any market-wide cost increases resulting from extraordinary circumstances, including
Force Majeure, boycotts, strikes, conservation surcharges, embargoes or shortages, and (b) at Landlord’s option, the cost of any repair or replacement that Landlord reasonably expects will not recur on an annual or more frequent basis.

  

	 	13.5.	Application. Notwithstanding any contrary provision hereof, Sections 13.1 through 13.4 above shall not apply to any period occurring before the Extension Date. 

 

	13.	Miscellaneous. 

  

	 	13.1.	This Amendment and the attached exhibits, which are hereby incorporated into and made a part of this Amendment, set forth the entire agreement between the parties with respect to the matters set forth herein. There have
been no additional oral or written representations or agreements. Tenant shall not be entitled, in connection with entering into this Amendment, to any free rent, allowance, alteration, improvement or similar economic incentive to which Tenant may
have been entitled in connection with entering into the Lease, except as may be otherwise expressly provided in this Amendment. 

  

	 	13.2.	Except as herein modified or amended, the provisions, conditions and terms of the Lease shall remain unchanged and in full force and effect. 

 

	 	13.3.	In the case of any inconsistency between the provisions of the Lease and this Amendment, the provisions of this Amendment shall govern and control. 

 

	 	13.4.	Submission of this Amendment by Landlord is not an offer to enter into this Amendment but rather is a solicitation for such an offer by Tenant. Landlord shall not be bound by this Amendment until Landlord has executed
and delivered it to Tenant. 

  

	 	13.5.	Capitalized terms used but not defined in this Amendment shall have the meanings given in the Lease. 

  

	 	13.6.	Tenant shall indemnify and hold Landlord, its trustees, members, principals, beneficiaries, partners, officers, directors, employees, mortgagee(s) and agents, and the respective principals and members of any such agents
harmless from all claims of any brokers (other than CBRE, Inc.) claiming to have represented Tenant in connection with this Amendment. Landlord shall indemnify and hold Tenant, its trustees, members, principals, beneficiaries, partners, officers,
directors, employees, and agents, and the respective principals and members of any such agents harmless from all claims of any brokers claiming to have represented Landlord in connection with this Amendment. Tenant acknowledges that any assistance
rendered by any agent or employee of any affiliate of Landlord in connection with this Amendment has been made as an accommodation to Tenant solely in furtherance of consummating the transaction on behalf of Landlord, and not as agent for Tenant.

  

	 	13.7.	If Tenant has any expansion right (whether such right is designated as a right of first offer, right of first refusal, expansion option or otherwise) that was granted to Tenant under the Lease (as determined without
giving effect to this Amendment) and that, by virtue of this Amendment, will continue in effect during the Extended Term, then, from and after the Extension Date, such expansion right shall be subject and subordinate to any expansion right (whether
such right is designated as a right of first offer, right of first refusal, expansion option or otherwise) of any tenant of the Building or Project existing on the date of mutual execution and delivery hereof. 

[SIGNATURES ARE ON FOLLOWING PAGE] 

  
 6 

 IN WITNESS WHEREOF, Landlord and Tenant have duly executed this Amendment as of the day
and year first above written. 
  

							
	LANDLORD:
	
	CA-METRO CENTER LIMITED PARTNERSHIP, a Delaware limited partnership
			
		 	By:	 	EOP Owner GP L.L.C., a Delaware limited liability company, its general partner
				
		 		 	By:	 	/s/ Ken Young
		 		 	Name:	 	Ken Young
		 		 	Title:	 	Vice President, Equity Office

  

			
	TENANT:
	
	SCICLONE PHARMACEUTICALS, INC., a Delaware corporation
		
	By:	 	/s/ Wilson W. Cheung
	Name:	 	Wilson W. Cheung
	Title:	 	Chief Financial Officer

  
 7 

 EXHIBIT A 

OUTLINE AND LOCATION OF REDUCTION SPACE 

  
 1 

 EXHIBIT B 

EXTENSION WORK LETTER 

As used in this Exhibit B (this “Extension Work Letter”), the following terms shall have the following
meanings: “Agreement” means the amendment of which this Extension Work Letter is a part. “Premises” means the Remaining Premises. For purposes of this Exhibit B, “Tenant
Improvements” means all improvements to be constructed in the Premises pursuant to this Extension Work Letter. For purposes of this Exhibit B, “Tenant Improvement Work” means the construction of the Tenant
Improvements, together with any related work (including demolition) that is necessary to construct the Tenant Improvements. 

1          COST OF TENANT IMPROVEMENT WORK. Except as provided in Sections 2.7.3 and
3.2.2 below, the Tenant Improvement Work shall be performed at Landlord’s expense. 

2          ARCHITECTURAL PLANS. 

2.1    Selection of Architect. Landlord shall retain the architect/space planner of Landlord’s choice
(for purposes of this Exhibit B, the “Architect”) to prepare the Architectural Drawings (defined in Section 2.5 below). 

2.2    [Intentionally Omitted.] 

2.3    Space Plan. Landlord and Tenant acknowledge that they have approved the space plan for the Premises
dated November 6, 2013 prepared by ID/Architecture (for purposes of this Exhibit B, the “Approved Space Plan”). All materials and finishes contemplated by the Approved Space Plan shall be deemed to be
Building-standard unless otherwise expressly provided therein. 
 2.4    Additional Programming
Information. Tenant shall deliver to Landlord, in writing, all information (including all interior and special finishes) that, together with the Approved Space Plan, is necessary to complete the Architectural Drawings, together with all
information (including all electrical requirements, telephone requirements, special HVAC requirements, and plumbing requirements) that, when combined with the Architectural Drawings, will be necessary to complete the Engineering Drawings (for
purposes of this Exhibit B, collectively, the “Additional Programming Information”). The Additional Programming Information shall not increase the cost of the Tenant Improvement Work (as reasonably estimated by
Landlord) and shall be (a) consistent with the Approved Space Plan, (b) consistent with Landlord’s requirements for avoiding aesthetic, engineering or other conflicts with the design and function of the balance of the Building (for
purposes of this Exhibit B, collectively, the “Landlord Requirements”), and (c) otherwise subject to Landlord’s reasonable approval. Landlord shall provide Tenant with notice approving or reasonably
disapproving the Additional Programming Information within five (5) business days after the later of Landlord’s receipt thereof or the mutual execution and delivery of this Agreement. If Landlord disapproves the Additional Programming
Information, Landlord’s notice of disapproval shall describe with reasonable specificity the basis for such disapproval and Tenant shall modify the Additional Programming Information and resubmit it for Landlord’s approval. Such procedure
shall be repeated as necessary until Landlord has approved the Additional Programming Information. Such approved Additional Programming Information shall be referred to herein as the “Approved Additional Programming Information.” If
requested by Tenant, Landlord, in its sole and absolute discretion, may assist Tenant, or cause the Architect and/or other contractors or consultants of Landlord to assist Tenant, in preparing all or a portion of the Additional Programming
Information; provided, however, that, whether or not the Additional Programming Information is prepared with such assistance, Tenant shall be solely responsible for the timely preparation and delivery of the Additional Programming Information and
for all elements thereof. Landlord and Tenant acknowledge that, as of the date of mutual execution and delivery of this Agreement, Tenant has previously delivered to Landlord, and Landlord has approved, the Additional Programming Information set
forth in the Approved Space Plan, as required under this Section 2.4. 
 2.5    Architectural
Drawings. After approving the Additional Programming Information, Landlord shall cause the Architect to prepare and deliver to Tenant the final architectural (and, if applicable, structural) working drawings for the Tenant Improvement Work
that are in a form that (a) when combined with any Approved Additional Programming Information that is not expressly incorporated into such working drawings, will be sufficient to enable the Contractor and its subcontractors to bid on the work
and prepare the Engineering Drawings, and (b) when accompanied by any Engineering Drawings that satisfy the Engineering Requirements (defined in Section 3.2.1 below), will be sufficient to obtain the Permits (defined in
Section 3.2.3 below) (for purposes of this Exhibit B, the “Architectural Drawings”). The Architectural Drawings shall conform to the Approved Space Plan and the Approved Additional Programming Information.
The Architect’s preparation and delivery of the Architectural Drawings shall occur within 15 business days after the later of Landlord’s approval of the Additional Programming Information or the mutual execution and delivery of this
Agreement. Tenant 

  
 1 

 
shall approve or disapprove the Architectural Drawings by notice to Landlord. If Tenant disapproves the Architectural Drawings, Tenant’s notice of disapproval shall specify any revisions
Tenant desires in the Architectural Drawings. After receiving such notice of disapproval, Landlord shall cause the Architect to revise the Architectural Drawings and resubmit them to Tenant, taking into account the reasons for Tenant’s
disapproval; provided, however, that Landlord shall not be required to cause the Architect to make any revision to the Architectural Drawings that (a) would increase the cost of the Tenant Improvement Work (as reasonably estimated by Landlord),
(b) conflicts with the Approved Space Plan or the Landlord Requirements, or (c) is otherwise reasonably disapproved by Landlord. Such revision and resubmission shall occur within five (5) business days after the later of
Landlord’s receipt of Tenant’s notice of disapproval or the mutual execution and delivery of this Agreement if such revision is not material, and within such longer period of time as may be reasonably necessary (but not more than 15
business days after the later of such receipt or such mutual execution and delivery) if such revision is material. Such procedure shall be repeated as necessary until Tenant has approved the Architectural Drawings. Such approved Architectural
Drawings shall be referred to herein as the “Approved Architectural Drawings.” 
 2.6    [Intentionally
Omitted.] 
 2.7    Revisions to Approved Architectural Drawings or Approved Additional Programming
Information. 
 2.7.1    Approved Architectural Drawings. If Tenant requests any revision to the Approved
Architectural Drawings, Landlord shall provide Tenant with notice approving or reasonably disapproving such revision, and, if Landlord approves such revision, Landlord shall have such revision made and delivered to Tenant, together with notice of
any resulting change in the estimated total cost associated with the Tenant Improvement Work, within 10 business days after the later of Landlord’s receipt of such request or the mutual execution and delivery of this Agreement if such revision
is not material, and within such longer period of time as may be reasonably necessary (but not more than 15 business days after the later of such receipt or such execution and delivery) if such revision is material, whereupon Tenant, within five
(5) business day, shall notify Landlord whether it desires to proceed with such revision. If Landlord has begun performing the Tenant Improvement Work, then, in the absence of such authorization, Landlord shall have the option to continue such
performance disregarding such revision. Landlord shall not revise the Approved Architectural Drawings without Tenant’s consent, which shall not be unreasonably withheld or conditioned. Tenant shall approve, or reasonably disapprove (and state,
with reasonable specificity, its reasons for disapproving), any revision to the Approved Architectural Drawings within five (5) business days after receiving Landlord’s request for approval thereof. For purposes hereof, any change order
affecting the Approved Architectural Drawings shall be deemed a revision to the Approved Architectural Drawings. 

2.7.2    Approved Additional Programming Information. If Tenant requests Landlord’s approval of any revision
to the Approved Additional Programming Information, Landlord shall provide Tenant with notice approving or reasonably disapproving such revision, together with notice of any resulting change in the estimated total cost associated with the Tenant
Improvement Work, within five (5) business days after the later of Landlord’s receipt of such request or the mutual execution and delivery of this Agreement, whereupon Tenant, within five (5) business day, shall notify Landlord
whether it desires to proceed with such revision. If Landlord has begun performing the Tenant Improvement Work, then, in the absence of such authorization, Landlord shall have the option to continue such performance disregarding such revision.
Landlord shall not revise the Approved Additional Programming Information without Tenant’s consent, which shall not be unreasonably withheld or conditioned. Tenant shall approve, or reasonably disapprove (and state, with reasonable specificity,
its reasons for disapproving), any revision to the Approved Additional Programming Information within five (5) business days after receiving Landlord’s request for approval thereof. 

2.7.3    Costs of Revisions. Tenant shall reimburse Landlord, immediately upon demand, for any increase in the
total cost associated with the Tenant Improvement Work that results from any revision to the Approved Architectural Drawings requested by Tenant or any revision to the Approved Additional Programming Information made by Tenant, including, in each
case, any cost of preparing or reviewing such revision. 
 2.8    Tenant’s Approval Deadline. Tenant
shall approve the Architectural Drawings pursuant to Section 2.5 above on or before Tenant’s Approval Deadline (defined below). As used in this Extension Work Letter, “Tenant’s Approval Deadline” means
March 15, 2014; provided, however, that Tenant’s Approval Deadline shall be extended by one (1) day for each day, if any, by which Tenant’s approval of the Architectural Drawings pursuant to Section 2.5 above is
delayed by any failure of Landlord to perform its obligations under this Section 2. 

  
 2 

	3	CONSTRUCTION. 

 3.1    Contractor. Landlord shall
retain a contractor of its choice (for purposes of this Exhibit B, the “Contractor”) to (a) prepare the engineering working drawings relating to the mechanical, electrical, plumbing, fire-alarm and fire sprinkler
work in the Premises (for purposes of this Exhibit B, the “Engineering Drawings”), and (b) perform the Tenant Improvement Work. In addition, Landlord may select and/or approve of any subcontractors, mechanics and
materialmen used in connection with the preparation of the Engineering Drawings or the performance of the Tenant Improvement Work. 

3.2     Engineering Drawings. 

3.2.1    Preparation. Within 10 business days after the later of Tenant’s approval of the Architectural
Drawings pursuant to Section 2.5 above or the mutual execution and delivery of this Agreement, Landlord shall cause the Contractor to prepare and deliver to Tenant Engineering Drawings that conform to the Approved Architectural Drawings,
the Approved Additional Programming Information, and the first sentence of Section 4 below (for purposes of this Exhibit B, collectively, the “Engineering Requirements”). Tenant shall approve, or reasonably
disapprove (and state, with reasonable specificity, its reasons for disapproving), the Engineering Drawings within five (5) business days after receiving them. After receiving any such notice of reasonable disapproval, Landlord shall cause the
Contractor to revise the Engineering Drawings and resubmit them to Tenant, taking into account the reasons for Tenant’s disapproval; provided, however, that Landlord shall not be required to make any revision to the Engineering Drawings that
conflicts with the Engineering Requirements or the Landlord Requirements or is otherwise reasonably disapproved by Landlord. Such procedure shall be repeated as necessary until Tenant has reasonably approved the Engineering Drawings. Such approved
Engineering Drawings shall be referred to herein as the “Approved Engineering Drawings”. 

3.2.2    Revisions. If Tenant requests any revision to the Approved Engineering Drawings, Landlord shall provide
Tenant with notice approving or reasonably disapproving such revision, and, if Landlord approves such revision, Landlord shall have such revision made and delivered to Tenant, together with notice of any resulting change in the estimated total cost
associated with the Tenant Improvement Work, within five (5) business days after the later of Landlord’s receipt of such request or the mutual execution and delivery of this Agreement if such revision is not material, and within such
longer period of time as may be reasonably necessary (but not more than 10 business days after the later of such receipt or such execution and delivery) if such revision is material, whereupon Tenant, within five (5) business day, shall notify
Landlord whether it desires to proceed with such revision. If Landlord has begun performing the Tenant Improvement Work, then, in the absence of such authorization, Landlord shall have the option to continue such performance disregarding such
revision. Landlord shall not revise the Approved Engineering Drawings without Tenant’s consent, which shall not be unreasonably withheld or conditioned. Tenant shall approve, or reasonably disapprove (and state, with reasonable specificity, its
reasons for disapproving), any revision to the Approved Engineering Drawings within five (5) business days after receiving Landlord’s request for approval thereof. Any change order affecting the Approved Engineering Drawings shall be
deemed a revision to the Approved Engineering Drawings. Tenant shall reimburse Landlord, immediately upon demand, for any increase in the total cost associated with the Tenant Improvement Work that results from any revision to the Approved
Engineering Drawings requested by Tenant, including the cost of preparing such revision. 
 3.2.3    Permits.
After the Architectural Drawings and the Engineering Drawings have been approved by Landlord and Tenant, Landlord shall cause the Contractor to submit the Approved Architectural Drawings and the Approved Engineering Drawings (for purposes of this
Exhibit B, collectively, the “Approved Construction Drawings”) to the appropriate municipal authorities and otherwise apply for and obtain from such authorities all permits necessary for the Contractor to complete the
Tenant Improvement Work (for purposes of this Exhibit B, the “Permits”). Tenant shall cooperate with Landlord and the Contractor to enable the Contractor to obtain the Permits as soon as possible. 

3.3     Construction. 

3.3.1    Performance of Tenant Improvement Work. Landlord shall cause the Contractor to perform the Tenant
Improvement Work in accordance with the Approved Construction Drawings. 
 3.3.2    Contractor’s Warranties.
Tenant waives all claims against Landlord relating to any defects in the Tenant Improvements; provided, however, that if, within 30 days after substantial completion of the Tenant Improvement Work, Tenant provides notice to Landlord of any
non-latent defect in the Tenant Improvements, or if, within 11 months after substantial completion of the Tenant Improvement Work, Tenant provides notice to Landlord of any latent defect in the Tenant Improvements, then Landlord shall correct,
or pay for the correction of, such defect. 
 4          COMPLIANCE WITH LAW; SUITABILITY FOR
TENANT’S USE. Landlord shall (a) cause the Architectural Drawings and the Engineering Drawings, other than any Tenant Revision (defined 

  
 3 

 
below), to comply with Law, and (b) cause the Architect or the Contractor, as applicable, to use the Required Level of Care (defined below) to cause any Tenant Revision to comply with Law;
provided, however, that Landlord shall not be responsible for any violation of Law resulting from any particular use of the Premises (as distinguished from general office use). As used herein, “Tenant Revision” means any revision to
the Approved Space Plan or the Approved Construction Drawings made or requested by Tenant. As used herein, “Required Level of Care” means the level of care that reputable architects and engineers customarily use to cause
architectural and engineering plans, drawings and specifications to comply with Law where such plans, drawings and specifications are prepared for spaces in buildings comparable in quality to the Building. Except as provided above in this
Section 4, Tenant shall be responsible for ensuring that the Approved Space Plan, the Additional Programming Information, the Architectural Drawings and the Engineering Drawings (for purposes of this Exhibit B,
collectively, the “Plans”) are suitable for Tenant’s use of the Premises and comply with Law, and neither the preparation of any of the Plans by the Architect or the Contractor nor Landlord’s approval of the Plans shall
relieve Tenant from such responsibility. To the extent that either party (for purposes of this Exhibit B, the “Responsible Party”) is responsible under this Section 4 for causing the Plans to comply with
Law, the Responsible Party may contest any alleged violation of Law in good faith, including by seeking a waiver or deferment of compliance, asserting any defense allowed by Law, and exercising any right of appeal (provided that the other party
incurs no liability as a result of such contest and that, after completing such contest, the Responsible Party makes any modification to the Plans or any alteration to the Premises that is necessary to comply with any final order or judgment). 

5          COMPLETION. Tenant acknowledges and agrees that the Tenant Improvement Work may be
performed during Building Service Hours before or after the Extension Date. Landlord and Tenant shall cooperate with each other in order to enable the Tenant Improvement Work to be performed in a timely manner and with as little inconvenience to the
operation of Tenant’s business as is reasonably possible. Notwithstanding any contrary provision of this Agreement, any delay in the completion of the Tenant Improvement Work or inconvenience suffered by Tenant during the performance of the
Tenant Improvement Work shall not delay the Extension Date, nor shall it subject Landlord to any liability for any loss or damage resulting therefrom or entitle Tenant to any credit, abatement or adjustment of rent or other sums payable under the
Lease.  
 6          MISCELLANEOUS. Notwithstanding any contrary provision of this
Agreement, if Tenant defaults under this Agreement before the Tenant Improvement Work is completed, Landlord’s obligations under this Extension Work Letter shall be excused until such default is cured and Tenant shall be responsible for any
resulting delay in the completion of the Tenant Improvement Work. This Extension Work Letter shall not apply to any space other than the Premises. 

  
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