Document:

EX-10.17

 Exhibit 10.17 

*Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be competitively harmful if publicly disclosed.

 MANUFACTURING SERVICES AGREEMENT 

THIS MANUFACTURING SERVICES AGREEMENT (“Agreement”) is entered into this 15th day of
January 2020, by and between TACNA Services, Inc., a California Corporation, hereafter referred to as “TACNA” and Outset Medical, Inc. a Delaware Corporation, hereafter referred to as “Client”. 

Whereas, the Client desires to manufacture various products in Mexico and TACNA is experienced in managing certain aspects of such operations in Mexico, the
parties to this Agreement agree as follows: 
 A. SERVICES TO BE PROVIDED BY TACNA 

1.    Engagement. TACNA will provide certain support services in connection with Client’s manufacturing activities in Mexico
(the “Services”). The basic model under which the Services are performed is a pass through cost model under which costs incurred In Mexico are approved by the Client in TACNA’s online portal or through other written approvals.
All direct costs reasonably incurred in providing Services to Client shall be passed through based on weekly cash requests, which shall include invoice level detail, Client will directly fund weekly both a U.S. Dollar and Mexican Peso
denominated bank account In Mexico. These Mexican bank accounts shall be used exclusively to fund the Client’s Mexico based operating costs and from these accounts, most of Client’s Mexico based operating costs shall be paid. Cost not
directly paid through the above referenced client assigned bank accounts, including but not limited to U.S. based pass through costs or fees for Services would be directly billed to Client by either the provider or TACNA. TACNA shall provide a
shared Mexican corporation under which the assembly or manufacture of the Client’s products can take place in the Republic of Mexico. 

2.    Hiring Employees. As requested by Client, TACNA, through its Mexican affiliate company, shall hire employees as requested and
approved by Client in writing, which at a future date may be documented through a recruiting module of the TACNA’s online portal (email acceptable). 

3.    Accounting and Payroll Services. TACNA shall perform all internal statutory accounting and payroll services for the
Client’s assigned personnel as approved in the TACNA online portal. All company paid taxes, both income and payroll as they apply to Client assigned personnel and all outside professional services related to such taxes, shall be charged on a
cost pass through basis. All banking charges shall be passed through. 
 4.    Import - Export Services. TACNA shall prepare all
necessary documentation based on Client provided supporting documentation and coordinate the shipment of the Client’s equipment, raw material and finished goods to and from the assigned Client facility in the Republic of Mexico. The temporarily
imported equipment, raw materials and finished goods shall remain property of the Client, even though imported to Mexico. Any brokerage fees, custom duties, fines, and/or merchandise processing fees shall be charged to the Client on a cost pass
through basis. Any fines resulting from an error by TACNA shall be at TACNA’s cost, 
 5.    Governmental Relations and
Taxes. TACNA will provide interface with both the Mexican and U.S. governmental agencies necessary for the production or manufacture of the Client products in Mexico and the transportation of said products through the international borders;
provided that, 

  
 1 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 
TACNA may riot make any commitment, incur any liability, or enter into an agreement on behalf of Client, without Client’s express prior written permission. All governmental charges of any
kind, taxes, value added taxes, fees or permits directly incurred in connection with the performance of the Services shall be charged to the Client on a cost pass through basis. In the event Client is included in one of TACNA’s combined
entities, income taxes shall be calculated for the Client based on its cost and expenses in Mexico relative to the costs and expenses of the entire entity, with some necessary allocations of cost. Value added taxes directly incurred in connection
with the performance of the Services are passed through to Client as incurred related to its costs and some such value added taxes are refundable under certain conditions. Such Client value added tax refunds shall be transferred to Client assigned
bank accounts in Mexico when received from the tax authorities, which refunds can take as much as long as eight to nine months to be received. If operating in a separate entity, income taxes and value taxes are billed or refunded on a stand-alone
pass through basis. TACNA and Client represent and warrant that each of them will comply with all applicable laws, statutes and regulations in connection with the performance of the Services, including the U.S. Foreign Corrupt Practices Act (15
U.S.C. §§78dd-1, et. seq.), as amended, the Organization for Economic Co-operation and Development (OECD) Convention on combating bribery of foreign public
officials in international business transactions, and any other applicable anti-corruption laws. 
 6.    Accounting and Legal.
Standard internal statutory bookkeeping, payroll processing, and payables processing will he TACNA’s responsibility. Fees for outside professional services in connection with regulatory filings such as monthly or annual tax filings shall be
charged to client on a pass through basis (if solely applicable to the Services) or proportionately allocated basis, as applicable. TACNA retains the services of an outside attorney for labor matters and such costs will be allocated on a relative
headcount basis for matters that apply to all of the entities for which TACNA is providing services. If more extensive legal services are required in an area, such will be billed on a pass through basis; provided, that, Client shall
have the right to pre-approve any attorney/law-firm, including their applicable billing rates, such approval not to be unreasonably withheld. Labor union dues are also
charged on a pass through cost basis. 
 7.    Permits. TACNA shall obtain all necessary permits and licenses as required by
Mexico to allow the assembly of Client product in Mexico. Any direct permit fees or fees for outside experts necessary to obtain permits for Client shall be charged to Client on a cost pass through basis. 

8.    Human Resources. All Human Resources functions including maintenance of employee files and reports will be a TACNA
responsibility. Should outside legal representation be required in employee or other matters, such will be billed on a cost pass through basis; provided, that, Client shall have the right to
pre-approve any attorney/law-firm, including their applicable billing rates, such approval not to be unreasonably withheld. 

9.    Emergency Supervision. TACNA will assist Client with respect to emergency or other matters requiring immediate attention on
an as needed basis. 
 10.    Transportation. TACNA will arrange for all Import & export trucking services, either
utilizing TACNA vehicles or an outside trucking company. Client shall be charged for said freight on a pass through basis should an outside service be utilized, or on an agreed amount, should TACNA’s trucks be used. 

  
 2 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 11.    Transition Assistance. The initial startup period of pre planning and
initial permitting etc., is time Intensive and requires higher levels of assistance from TACNA’s most experienced people. Accordingly, a transition or startup fee of $[***] is charged to defray a portion of the cost involved. Such fee will
become an obligation of Client upon signing of this Agreement. Should Client decide to become independent of TACNA and remain in Mexico after the term of this Agreement, Client shall have the right to substitute the employer to its own entity for
employees working directly in and paid In the Client assigned division and shall further have the right to transfer the lease directly to its entity, subject to landlord approval. TACNA shall provide reasonable and professional coordination and
support for such transition processes. 
 12.    Warranties. Each party represents, warrants and covenants to the other party
Client: (i) it has all rights, licenses, permits and authority necessary to enter into and perform its obligations hereunder, and (ii) will comply with all applicable laws, rules and regulations in connection with its performance
hereunder, including any applicable anti-bribery laws. Each party will indemnify, defend and hold harmless the other party from and against any damages, judgments, liabilities, losses, penalties, settlements; costs and expenses, arising from or
related to any actions, claims or suit brought by any third party, including any governmental agency, arising from such party’s breach of the foregoing representation, warranty or covenant. Further, TACNA, represents, warrants and covenants
that (i) all personnel performing services hereunder have appropriate training, skills and experience necessary to perform their relevant obligations; and (ii) it will perform all services contemplated herein in an professional and
workmanlike manner. 
 13.    Insurance. Should any insurance be required by the landlord of the leased facility, said insurance
cost shall be passed on to Client at cost; provided, that, Client shall have the right to preapprove the applicable policies and insurer(s). Should Client wish to insure its equipment and materials in Mexico, TACNA shall provide an
insurance quotation to Client at Client’s request. Should Client accept the TACNA quotation, Client shall be charged on a cost pass through basis for said insurance. Client has the right to acid this insurance to their existing U.S. carrier or
broker and should they elect to do so, TACNA shall provide all necessary information to Client’s carrier. TACNA and its applicable Mexican affiliates shall be named as an additional insured on any policies obtained. 

TACNA shall provide an Insurance policy of $[***] U.S. Dollars on the total load of all freight carried by TACNA trucks while transporting Client goods to and
from Mexico. If additional insurance is required on said cargo, Client must notify TACNA and TACNA will increase said cargo insurance to meet Client’s needs. Said Increase in insurance coverage shall be charged to Client on a cost pass through
basis. Cargo insurance is in effect on TACNA owned trucks only and should it be required to subcontract freight to another carrier, TACNA will not be responsible for the Contractor’s cargo insurance, however such carriers would normally carry
cargo insurance. 
 14.    Proprietary Information. All information concerning Client or the Services being performed by TACNA or
its Mexican affiliates for Client to which TACNA shall have access, shall remain the exclusive property of the Client and shall be deemed the confidential information of Client. TACNA agrees to maintain confidentiality of such information and agrees
not to disclose such information to any third party without the permission of Client, other than to the extent necessary to perform its duties on behalf of Client, and where commercially practical, pursuant to a confidentiality or other non-disclosure agreement. TACNA may not use any confidential information of Client for any purpose other than the performance of its duties hereunder, 

  
 3 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 15.    Term of Agreement. The term of this Agreement is evergreen, and shall
commence as of the date of the date of signing and continue for an initial minimum period of three years beginning from that date on which at least [***] employees are hired and working in Client operation. After [***] of the effective term, either
party may terminate this agreement upon [***] written notice of the intent to terminate. Either party may terminate this Agreement in the event the other party materially breaches any term herein, and does not cure such breach within [***] days. All
post termination costs shall be billed in accordance with Section B. 
 16.    Fees and Payment Terms. TACNA shall charge Client
for services weekly based on the fee schedule shown in Annex “A”. All costs and fees direct billed by TACNA shall be paid on a net seven day terms basis. These terms are intended to allow transit time for paperwork only. Fees will
be adjusted annually at the beginning of the calendar year for the annual change In the CPI San Diego District or its equivalent. 

17.    Non-Solicit. TACNA expends tremendous resources to train and provide qualified
administrative employees to service its clients. Client shall not solicit or induce any of TACNA’s or its Mexican affiliate’s administrative employees whose primary role is serving TACNA’s clients in TACNA’s shelter service
business or is a manager or supervisor in one of TACNA’s proprietary product operations, either during the term of this Agreement or for [***] months thereafter, to leave their employment with TACNA or its Mexican affiliate. Such employees are
on TACNA’s affiliate’s payroll and not the Client’s divisional payroll. Client shall pay an administrative) employee displacement fee equal to [***]. Nothing herein shall prohibit Client from engaging in general recruitment strategies
not directed to TACNA’s or its Mexican affiliate’s employees, such as participating in job fairs and posting of job openings on the Internet. However, the administrative displacement fee would continue to be applicable to any such defined
employee hired by Client, whatever the source of recruiting. 
 18.    EH&S Permit Maintenance. Significant incremental work
is necessary to monitor and maintain compliance with Environmental, Health and Safety requirements. This involves annual outside testing and sampling by outside consultants, such costs are billed to Client on a cost pass through basis. Such costs
are budgeted annually and billed on a pass through basis, 
 19.    Limitation of Liability. Excluding any material breach of
confidentiality for which a judgment has been rendered, the maximum liability TACNA shall have under this Agreement shall be limited to [***]. 
 B.
COSTS AND FEES TO BE PAID BY CLIENT 
 As general background, costs incurred in Mexico are documented in TACNA’s online portal and such expenses are
electronically approved by the Client in the portal in support of the weekly cash request. 
 1.    Personnel. Client shall be
charged weekly for all Client employees’ hired in accordance with this Agreement salaries, taxes, retirement, vacations, food bonus, attendance bonus or other costs on a cost pass through basis, based on payroll documentation and backup data,
which shall be provided to the Client on a weekly basis. 

  
 4 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 2.    Facility Lease. Client shall pay for space according to the rate of the
underlying lease that has been preapproved by Client in writing, including applicable value added taxes. Client shall also be a guarantor on such lease. 

3.    Supplies and Other Purchased Items. Client shall be charged for requested supplies and other purchased items reasonably
purchased in direct connection with the performance of the Services on a cost pass through basis. 
 4.    Utilities and
Telephone. Client shall be charged for all utilities, Internet and phone charges directly incurred in connection with the performance of the Services on a cost pass through basis. 

5.    Security. Cost for reasonable security, if required, shall be billed on a cost pass through basis. 

6.    Production Equipment and Maintenance. Client will be responsible for and maintain all its own assembly & production
equipment. TACNA, however, will provide lists of suppliers for miscellaneous supply items at the request of Client and assist client in sourcing needed suppliers. 

7.    Vacation, Holidays, Christmas Bonus (Aguinaldo) and Profit Sharing. The laws of Mexico provide that employees receive
holidays, vacations, Christmas bonus (Auginaldo) and a statutory profit sharing. Vacations and Christmas bonuses are based the employees’ term of employment and statutory profit sharing is normally based on costs incurred in Mexico and is part
of the income tax calculation. Client shall he charged for these employee benefits on a cost pass through basis, 

8.    Warehouse. TACNA will make available its US warehouse space for the Client’s import and export products on a short-term
transitory basis of normally less than one day for cross clocking. This is available on a space available basis only. TACNA warehouse personnel will also assist in the Client’s freight forwarding from the TACNA warehouse on a space available
basis. All external freight forwarding charges are the Client’s responsibility. 
 9.    Agreement Wind Up Cost. Should
Client decide to terminate this Agreement, TACNA will reasonably attempt to place Client assigned employees with other TACNA clients. Should this not be possible, Client will be responsible for all severance cost per Mexican law on a cost pass
through basis. Any lease termination costs would be those of the Client. Client will be responsible for any costs relating to the cancellation of any agreements entered into by TACNA on behalf of Client incurred in the wind up and any other costs
properly incurred under this Agreement. See A.11. 
 10.    Program Approval and Permits. All internal personnel cost to
obtain the necessary permits with the Mexican and United States governments are included in TACNA’s hourly rate. Any direct permit fees or fees for outside experts shall be charged to Client at cost. 

11.    Duties and Merchandise Processing Fees. Should said charges be incurred, TACNA will charge Client for these costs on a pass
through basis. 

  
 5 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 12.    Facility Upgrades. TACNA will arrange for and assist in supervising any
facility upgrades that may be required or requested by the Client in writing. Client will be charged for the cost of said leasehold improvements and/or upgrades on a cost pass through basis. TACNA will provide Client an estimate of the cost of said
improvements and work will not commence until approved by Client in writing, with e-mail being an acceptable approval. 

Excluding breaches of confidentiality, in no event will either party be liable to the other for any indirect, incidental or consequential damages. 

20.    The terms and conditions contained herein shall be construed in accordance with and all disputes hereunder shall be governed by the
laws of the State of California. In the event there is litigation surrounding this Agreement, such matters shall have a venue of San Diego, California. 

21.    The invalidity in whole or in part, of any term or condition herein shall not affect the validity or enforceability of any other
term or provision. 
 22.    This Agreement contains all the understandings and agreements between the parties. Neither party may assign
this Agreement, in whole or in part, to any third party; except that, either party may assign this Agreement to any affiliate or to a third party acquirer or successor in connection with a merger, consolidation or sale of all or substantially all of
its assets or business that relate to this Agreement. Any modification or waiver of this Agreement must be expressly made in writing, mutually agreed to and executed by both parties. This Agreement replaces any prior agreements between the parties
related to the subject matter hereto. As such, prior agreements are void. 
 IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the day
and year first written above. 
  

									
	TACNA SERVICES, INC.	 		  	CLIENT
					
	By:	 	       /s/ Ross K. Baldwin
	 		  	By:	 	       /s/ Martin Vazquez

		 	Ross K. Baldwin	 		  		 	Martin Vazquez: Outset Medical, Inc.
		 	President	 		  		 	Chief Operating Officer
					
	Dated:	 	      2/4/20	 		  	Dated:	 	      01-15-2020
				
		 		 		  	/s/ Martin Vazquez
		 		 		  	Feb/3/2020

  
 6EX-10.18

 Exhibit 10.18 

*Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be competitively harmful if publicly disclosed.

 AUTHORIZED RESELLER AGREEMENT 

THIS AUTHORIZED RESELLER AGREEMENT (“Agreement”) is made this 14th day of October, 2019 (the “Effective Date”) by and
between Outset Medical (“Outset”), and SDV Office Systems, LLC dba SDV Medical (“Reseller”). Outset and Reseller are referred to herein individually as a “Party” or collectively as the
“Parties.” 
 WHEREAS, Outset is in the business of manufacturing and/or distributing hemodialysis therapy products; 

WHEREAS, Reseller is a Service-Disabled Veteran Owned Small Business (“SDVOSB”) in the business of promoting and selling medical and surgical
supplies and equipment; and 
 WHEREAS, Outset desires to engage Reseller as its exclusive reseller to market, promote and sell the Products (hereinafter
defined) in the Territory (hereinafter defined) pursuant to the terms of this Agreement. 
 TERMS AND CONDITIONS 

1.    DEFINITIONS. Capitalized terms used in this Agreement and not otherwise defined herein shall have the meaning set
forth below. 
 “Affiliate” means with respect to either party, any Person that, directly or indirectly, is controlled by, controls
or is under common control with that party. For purposes of this Agreement, “control” means, with respect to any Person, the direct or indirect ownership of more than fifty percent (50%) of the voting or income interest in
that Person or the possession otherwise, directly or indirectly, of the power to direct the management or policies of that Person. 

“Collateral” means Outset marketing and sales materials for the Products and Services that are provided to Reseller by Outset for
distribution to potential Customers. 
 “Confidential Information” means: (i) any and all
non-public information of Outset and its suppliers, including, without limitation, any information relating to pre-clinical and clinical data, specifications, training
and any other know-how related to the design, implementation, performance, manufacture or pricing of the Products as well as Documentation; (ii) the terms of this Agreement (including pricing and
discounts); (iii) other information that is marked as “Confidential” or some other label indicating its confidential nature or, if disclosed orally, is identified as confidential at the time of its disclosure; or (iv) information
disclosed by Outset that reasonably should be understood to be confidential given the nature of the information and the circumstances of disclosure. 

“Customer” means any federal, state or local government agencies or entities located in the Territory authorized to purchase Products
through various contract solutions utilized by an SDVOSB reseller, including, but not limited to as an “Open Market” contract, under any U.S. Department of Veterans Affairs Federal Supply Schedule Contract awarded to Reseller under Federal
Supply Schedule 65 II A, Medical Equipment and Supplies (“FSS Contract”), a General Services Administration Contract for medical supplies (“GSA Contract”), or a Defense Logistics Agency —Troop Support (DLA-TS) Electronic Catalog (SCAT) for medical products. 

  
 PAGE 1 OF 17 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 “Customer Support” means the support provided by Outset to Customers while the
Products are under warranty or following expiration of the warranty period if it is ordered as a Service. 
 “Documentation” means
Outset’s standard published documentation normally supplied with or made available to its Customers to aid in the use, support and/or operation of the Products in any form, media or language provided. 

“Equipment” means those additional products set forth in EXHIBIT A which may be purchased and distributed
for use with the System. 
 “Labeling” means the written, printed or graphic matter for Products including those on the Product
container and any posters, tags, pamphlets, circulars, booklets, brochures, instruction books, direction sheets, fillers, and advertising materials, as further defined in the United States Code of Federal Regulations, 21 C.F.R. Part 801 (Labeling).

 “Marks” means Outset’s logos, trademarks, trade names, slogans, designs and other identifying symbols that are or have been
used in connection with the Products by Outset anywhere in the world. 
 “Person” means any individual as well as any corporation,
association, partnership (general or limited), joint venture, trust, estate, limited liability company, limited liability partnership, unincorporated organization, government (or any agency or political subdivision thereof) or other type of legal
entity or organization. 
 “Product(s)” means a product or product line set forth on Exhibit A attached hereto and incorporated
herein, including: (i) the System, (ii) Equipment, and (iii) Software (all as identified in EXHIBIT A), and (iv) Spare Parts, together with all Documentation and any updates and/or upgrades provided
hereunder, excluding Third Party Products. Any additions or deletions of Products from Exhibit A shall not be effective unless evidenced by an amendment signed by both Parties, except that deletion of any discontinued Products shall be effective
[***] days after written notice to Reseller. 
 “Product Clearances” means the approvals, authorizations, licenses or clearances by
the appropriate Regulatory Authority(ies) required for importation, promotion, marketing, sale, pricing, use and reimbursement of the Product(s) in that Territory. 

“Regulatory Authority” means any national, supra-national, regional, state or local regulatory agency, department, bureau, commission,
council or other governmental entity, including, without limitation, the United States Food and Drug Administration, or any of their successors. 

“Service(s)” means Customer Support, training services and installation services which may be ordered by Customers from Outset. 

“Software” means (i) software Products listed in EXHIBIT A; (ii) software that is incorporated into a Product; and
(iii) any updates and upgrades thereto which may be provided by Outset. 

  
 PAGE 2 OF 17 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 “Spare Parts” means Outset replacement parts or additional Outset parts for the
System or Equipment. 
 “Specifications” means Outset’s published specifications for the Product(s) at the time of delivery or
as updated pursuant to Customer Support. 
 “System” means the Outset®
TabloTM Hemodialysis System as described in the applicable Specification. 

“Term” means the period commencing on the Effective Date and continuing for three (3) years thereafter, subject to renewal or
early termination pursuant to this Agreement. 
 “Territory” means any authorized U.S. Federal Government Facility as specified in
Exhibit A. 
 “Third Party Products” means products manufactured or licensed by third parties which are licensed or sold pursuant to
separate terms and are identified in the Quote as Third Party Products. 
  

	2.	 APPOINTMENT AND OBLIGATIONS 

2.1.    Appointment. Outset does hereby appoint Reseller, and Reseller does hereby accept such appointment,
as Outset’s exclusive authorized SDVOSB reseller of the Products for sale to Customers in the Territory. Reseller agrees not to market, sell or distribute Products to any person or entity other than Customers in the Territory and will refer
promptly to Outset all inquiries and leads for any of Outset’s Products from customers located outside of the Territory. During the term, Reseller shall be permitted to describe itself to the general public, including prospective Customers of
the Products, as Outset’s exclusive SDVOSB reseller with the right to market, promote, and resell the Products to Customers within the Territory. Notwithstanding anything herein to the contrary, Outset will continue to have the right to sell to
the Customers in the Territory either directly or indirectly. 
 2.2.    Promotion. During the Term,
Reseller agrees to use commercially reasonable efforts to promote and increase the distribution and sale of the Products to Customers in the Territory. Reseller shall refer to Outset any orders that the Reseller receives from any prospective
Customer for whom Reseller does not proceed with an SDVOSB contract form. 
 2.3.    Reseller Personnel.
Reseller must maintain technical and sales personnel who have the expertise, knowledge and skills necessary to: (i) inform potential Customers about the features and capabilities of the Products and any Competitive Products (as defined in
Section 2.4); and (ii) allow Reseller to comply with its obligations under this Agreement. 

2.4.    Competitive Products. During the Term, Reseller must not directly or indirectly market, advertise,
manufacture, sell or distribute any products competitive with or similar to Outset’s Products in the Territory (“Competitive Products”), or have a financial interest in any company that markets, advertises, manufactures,
sells or distributes any Competitive Products, without Outset’s prior written permission; provided, however, that Reseller may own publicly traded shares of any company. 

  
 PAGE 3 OF 17 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 2.5.    Cooperation. During the Term, Reseller must advise
Outset promptly of any infringement of Outset’s rights to any of its trademarks, patents, copyrights, or trade secrets which may come to the attention of Reseller, and cooperate and assist Outset in connection with any recall, corrective
action, or any other action taken by Outset relating to the Products. 
 2.6.    Business Conduct.
Reseller must conduct business under this Agreement with the highest level of ethical conduct to protect the Products’ reputation and Outset’s reputation for integrity, professionalism and fairness; it must not: (i) make false or
misleading representations or advertisements with regard to Outset or the Products; (ii) offer warranties or guarantees to Customers or potential Customers that differ from the Specifications, features or capabilities of the Products as
contained in this Agreement, the Documentation or the Collateral; (iii) purport to commit Outset to obligations not contained in this Agreement, or (iv) otherwise act or fail to act in a manner that harms Outset or its Products’
goodwill. In addition, Reseller must at all times comply with its obligations regarding global anti-corruption as further described in Section 6.4. 

2.7.    Reseller Status. Reseller must manage and be fully responsible for compliance with all rules or
restrictions associated with Reseller’s status as a veteran-owned small business and a service-disabled veteran-owned small business as it relates to being a reseller of Outset’s Products, including those required by the Small Business
Administration and the Department of Veterans Affairs, Office of Small and Disadvantaged Utilization Center for Verification and Evaluation. 

2.8.    Reports. Reseller must maintain records showing the volume of sales and pricing of Products in the
Territory including all discounts, rebates and reductions related to such sales, Reseller’s efforts to promote the Products, and any other statistical records as may reasonably be requested by Outset from time to time and as required or
requested by any regulatory authority to certify the nature and extent of costs incurred by Customers in purchasing Products until the expiration of [***] years after the sale of any Products pursuant to this Agreement. 

 

	3.	 ORDER PROCESS AND PRICING 

3.1.    Forecasts. Reseller must provide a non-binding, rolling
twelve-month forecast of its anticipated Product needs (“Forecast”) [***] based upon Reseller’s and Outset ASM active opportunities. The Forecast must include a detailed update on the status of the prospective Customers
identified by Reseller in the Territory, including, but not limited to, [***]. The Forecast shall be delivered to Outset’s Government Sales Manager for the Territory, as well as the Vice President of Sales at Outset. 

3.2.    Pricing and Quotes. Outset will sell Products to Reseller at the pricing specified in
Exhibit A, as may be negotiated and revised by Outset and Reseller from time to time as specified herein (“Prices”). Reseller will prepare price quotations for each prospective Customer, which shall be provided to
prospective Customers (“Quote”). Unless a different currency is specified in EXHIBIT A, all Prices will be in U.S. dollars. Prices are exclusive of ail taxes, duties, tariffs, shipping costs and
installation costs. The Quote will incorporate any discounts offered to Reseller by Outset, and no further discounts will be applied. Reseller must set its own prices for resale to its Customers, subject to the amounts due to Outset as provided
herein. 

  
 PAGE 4 OF 17 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 3.3.    Price Changes. Outset has the right to increase its
Prices on [***] days prior written notice to Reseller, provided, that Outset will honor any Prices for Quote already issued prior to notice. Any Price increases will apply to all requests for Quotes received [***] days after Outset’s notice and
Reseller’s confirmation that the appropriate U.S. Government national contracting entities have accepted the request for modification and loaded approved pricing to its contract(s). 

3.4.    Special Pricing Quotes (“SPQ”). From
time-to-time, at Outset’s sole discretion, Outset may grant a SPQ to meet pricing from competitive products on particular bids or for other competitive reasons.
SPQs cannot be used in conjunction with any other promotional pricing or rebates. Reseller agrees that the Customer named in the specific SPQ is the only one to which Reseller will sell the Products. Outset requires certain supporting documentation
to substantiate and verify the granting of a SPQ. If Reseller fails to comply with these requirements, then Reseller must reimburse Outset for a sum equal to the difference between Outset’s standard Prices and the prices granted in the SPQ for
all Products and Services purchased with the benefit of the SPQ. This sum shall be paid to Outset within [***] days from receipt of written notification from Outset. Reseller understands that it will be deemed a material breach of this Agreement if
any of the supporting documents are inaccurate, not genuine or otherwise not submitted in good faith. 

3.5.    Orders. Upon receipt of purchase orders from Customers, Reseller will place written purchase orders
for Products and/or Services to Outset. Spare Parts may be ordered by issuing a written purchase order to Outset. Outset shall use reasonable efforts w accept or reject all orders within [***] days. Outset will accept an order by signing and
returning an order acknowledgement to the Reseller, at which point the order will become binding on the parties (an “Order”). If an Order for a System does not include a scheduled delivery date, it may be accepted to accommodate
Customer requirements, provided that Reseller acknowledges that Outset will not begin production of a System until Reseller provides a set delivery date. Notwithstanding that Outset will sell Products to Reseller for resale to Customers, Outset will
ship Products directly to Customers and not to Reseller. 
 3.6.    Delivery; Risk of Loss. All shipments
of Products are to be [***]. Risk of loss or damage to the Products shall be [***]. Shipment of Products will be by Outset’s chosen freighter with all freight and handling charges prepaid and added to invoice Special delivery and accelerated
shipping options are available at Customer’s expense. All accelerated shipment options are subject to delays and complications associated with air transportation, including but not limited to weather delays, mechanical breakdowns, and human
error. All sales are final and without any right of return. 
  

	4.	 PAYMENT 

4.1.    Credit. Outset may determine credit limits and payment terms by analysing Reseller’s current and
historical financial information, bank references, trade references, payment practices, business plan, etc. Reseller must provide current financial information to Outset on [***] basis, or more frequently if requested by Outset. In its sole
discretion, Outset may withdraw previously provided credit terms by giving a written notice to Reseller; the withdrawal will be effective immediately. In the event an adequate credit limit cannot be granted, is withdrawn, or during the period before
Outset approves Reseller’s credit, deliveries may still be available if Reseller negotiates alternative payment terms, such as paying cash in advance, providing an irrevocable letter of credit or similar credit alternatives. 

  
 PAGE 5 OF 17 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 4.2.    Payment. Payment to Outset shall be due [***] days
after date of invoice at the address indicated on such invoice. All invoices are payable in accordance with the payment terms and methods specified in Exhibit A. Reseller may dispute amounts shown on an invoice in good faith, provided it does so
within [***] days after its receipt of such invoice 
  

	5.	 OWNERSHIP AND LICENSES 

5.1.    Trademark License. Subject to Reseller’s compliance with the terms and conditions of this
Agreement, Outset hereby grants to Reseller a non-exclusive, non-transferable license to use the Marks in connection with the promotion, marketing, advertising, sale and
support of Products in the Territory during the Term. Reseller must comply with Outset’s policies or guidelines regarding advertising and trademark usage as established from time to time with respect to its use of the Marks. Reseller must
indicate both: (i) that Outset is the owner of Outset’s Marks when it uses them; and (ii) that Reseller is using the Marks with permission from and on behalf of Outset. Reseller acquires no rights in the Marks by its use. Prior to any
distribution or other release of materials to third parties that will contain Marks, Reseller must submit them to Outset for approval, with the sole exception of unmodified Collateral. If Reseller were to acquire any goodwill in any of the Marks,
that goodwill will automatically vest in Outset, and Reseller must execute any documents and take any steps necessary to establish vesting in Outset. Reseller must not contest the validity of any of the Marks or of Outset’s exclusive ownership
of the Marks at any time. Reseller must not adopt, use, or register any of the Marks or any word or mark confusingly similar to the Marks in any jurisdiction regardless of form, whether as a corporate name, trademark, service mark, domain name or
other indication of origin. Reseller must provide all reasonable assistance, including execution of documents as requested by Outset, to protect Outset’s trademark rights in the Territory. In the event of expiration or termination of this
Agreement, Reseller must discontinue all use of the Marks immediately. Outset has the sole and exclusive right to bring legal action in the Territory for infringement with respect to the Marks, and if Outset chooses to bring legal action, Reseller
must assist Outset in its legal claims. Reseller must notify Outset if it knows or suspects infringement of the Marks. Any violation of this Section 5.1 (Trademark License) shall be deemed a material breach of this Agreement. 

5.2.    Proprietary Rights. Outset or its suppliers or licensors own all right, title, and interest
(including, without limitation, all intellectual property rights) in and to the intellectual property in all Products, Documentation, Collateral, Marks and any materials provided to Reseller hereunder. Reseller acknowledges that it is granted only
those limited license rights as specified in Sections 5.1 (Trademark License) and 5.4 (Software License) and the right to distribute the Products to Customers as specified in this Agreement. Outset retains all rights that are not expressly and
explicitly granted by Outset to Reseller. Reseller acknowledges that the Products, Documentation, Collateral and Marks are protected by copyright laws and other laws pertaining to intellectual property rights in the United States and other countries
and embody valuable Confidential Information of Outset and its suppliers, the development of which required the expenditure of considerable time and money. Reseller must not: (i) decompile, reverse engineer, disassemble, or otherwise attempt to
derive the source code of the Products or attempt to disable any security devices or codes incorporated into or distributed with the Products; (ii) copy, modify, 

  
 PAGE 6 OF 17 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 
translate or create derivative works of the Products, Documentation or Collateral (except as expressly specified in this Agreement); or (iii) rent, lease, loan, distribute, assign or
transfer the Software, Documentation or Collateral, unless expressly permitted in writing by Outset. Reseller must not permit of or enable any third party, including any Customer to take actions prohibited by this Section 5.2 (Proprietary
Rights). 
 5.3.    Proprietary Marks. Reseller must not alter, remove or obscure any copyright notices,
trademark notices or other proprietary or confidentiality notices that are: (i) placed or embedded by Outset or its suppliers or licensors in the Products, Documentation or Collateral; (ii) displayed when the Products are run; or
(iii) applied to the Products, Documentation, Collateral or any other materials provided under this Agreement or their Labeling. 
  

	6.	 REGULATORY MATTERS; LEGAL COMPLIANCE; INSURANCE 

6.1.    Compliance with Law. Reseller must comply with all federal, state, and local laws and regulations
applicable to its business of marketing and selling the Products in the Territory, including without limitation the Food, Drug and Cosmetic Act, as amended, the federal and any states’ anti-kickback Laws, and all of the rules and regulations
promulgated under such laws, and maintain all necessary licenses and permits for its business. 

6.2.    Importation. Reseller shall obtain all licenses and permits and satisfy all formalities as may be
required to export Products from the Outset shipping point and to import the Products in the Territory, including, but not limited to, any permits that may be required by any governmental agency relating to customs, technical standards or
specifications, or health or medical safety regulations. 
 6.3.    Compliance with GACL. Reseller
acknowledges that Outset must comply with applicable global anti-corruption laws (collectively, “GACL”), including, without limitation, the Foreign Corrupt Practices Act (“FCPA”). Reseller agrees to conduct training for
its employees and subcontractors regarding the GACL, and to conduct all of its activities under this Agreement in compliance with the GACL. Reseller acknowledges that any activities of Reseller that violate the GACL constitute a material breach of
this Agreement by Reseller. Reseller shall maintain written books and records under International Financial Reporting Standards that accurately identify the person or entities that receive payments from Reseller both for this Agreement and for
general marketing expenditures. Reseller shall allow Outset to review those accounting entries on request. Reseller may use subcontractors in connection with fulfilling its obligations under this Agreement only with Outset’s prior written
consent. If, after obtaining Outset’s prior written consent, Reseller uses any subcontractors in connection with fulfilling its obligations under this Agreement, it shall ensure that such subcontractors comply with the GACL. Reseller shall
certify to its compliance with the requirements of Sections 6.4 and 6.5 annually or as otherwise requested by Outset by fully completing, signing and delivering to Outset such annual compliance certifications in the forms provided by Outset, a copy
of which as of the Effective Date is attached as EXHIBIT B. 
 6.4.    Trade
Compliance. Reseller must not export or re-export the Property, or any items that use the Products without obtaining the appropriate licenses in advance. Reseller agrees that the Products and related
technology subject to this Agreement are subject to import and export control laws and regulations of the United States, the European Union and other countries 

  
 PAGE 7 OF 17 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 
including the U.S. embargo and sanctions regulations and prohibitions on export for certain end uses or to certain users (“Trade Compliance Laws”). Reseller must comply with all
United States Trade Compliance Laws and ensure that the Products and related technology are not sold, transferred or diverted: (i) to any U.S. or E.U. sanctioned or embargoed country, unless authorized by U.S. export license or regulation;
(ii) to any Person listed in the U.S. Department of Commerce Denied Persons List or Entity List, the U.S. Department of Treasury’s Specially Designated Nationals List, the U.S. Department of State’s Debarred Parties listing, or any
E.U. or local country listing of sanctioned persons; (iii) to any nuclear weapons, nuclear power, nuclear research, chemical/biological weapons, or missile/rocket technology end-user or end-use; or (iv) in violation of any other US Trade Compliance Laws or government orders. Reseller agrees and acknowledges that it is responsible for knowing, understanding and keeping updated on changes to the
U.S. Export Administration Regulations and other applicable laws and regulations. Reseller must understand, monitor and comply with changes to all Trade Compliance Laws that apply to its performance under this Agreement. Reseller must notify Outset
immediately if it suspects or learns about a sale, transfer, or diversion of any Product or Outset materials in violation of this Section 6.5 (Trade Compliance). Reseller must indemnify and hold Outset harmless from any claims, liability or
expenses arising from Reseller’s alleged failure to comply with this Section 6.5. The obligations of this Section 6.5 shall survive any termination or expiration of this Agreement. 

6.5.    Insurance. Reseller must obtain and maintain all insurance required: (i) under federal, state
or local laws that apply to its performance under this Agreement; and (ii) that corresponds to general, products liability and workers’ compensation on an occurrence basis that is (a) reasonably required for the normal and customary
business of a medical device distributor; (b) sufficient to provide coverage for any claim which may reasonably arise out of the actions or inactions of Reseller related to this Agreement or the business relationship between the parties; and
(c) has at least an aggregate annual coverage amount of not less than U.S. [***]. Reseller must keep this insurance in effect both during the Term and afterward during the time period that Reseller owes any obligations to its Customers under
any Order. Reseller must provide certificates of this required insurance to Outset at least [***] days prior to shipment of any Products by Outset to Reseller (or its Customer) and at any time thereafter. These certificates must expressly state that
no cancellations or modifications to the insurance can take effect unless Outset has received prior written notice of them at least [***] days in advance. Reseller’s insurance coverages must not be construed to limit Reseller’s liability
to Outset, Customers or any third party. Reseller must itself provide Outset with written notice at least [***] days prior to the cancellation, non-renewal or material change in its insurance. Outset has the
right to terminate this Agreement if Reseller’s insurance coverage required in this Section 6.6 (Insurance) is reduced or is no longer in effect during the Term for any reason, by providing Reseller with a written termination notice; the
Agreement will then terminate [***] days after the notice becomes effective under Section 14.5 (Notices) below. 
  

	7.	 OUTSET’S OBLIGATIONS 

7.1.    Product Changes. Outset has the sole discretion, to: (i) introduce changes to the Products;
(ii) discontinue the manufacture of any Products; (iii) discontinue the development of any new product, whether or not that product had been announced publicly; or (iv) commence the manufacture and sale of new products or features
which make existing Products wholly or partially 

  
 PAGE 8 OF 17 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 
obsolete or less marketable to Customers (whether or not Reseller had been granted distribution rights in the new products or features). Outset shall notify Reseller of any changes to Products
that affect their form, fit or function or which would invalidate Product Clearances, and provide Reseller with updated Documentation relating to the changes prior to providing changed Products to Reseller. If Outset discontinues the manufacture of
any Product, Outset shall notify Reseller promptly and shall fill all Orders for discontinued Products placed before Outset’s notice. 

7.2.    Field Actions. Outset shall have primary responsibility to affect any recall, withdrawal or field
correction (a “Field Action”) with respect to any Product. In connection with a Field Action, Reseller shall promptly respond to Outset’s requests for information or other assistance, including assistance in communication with
Reseller’s customers, and in otherwise affecting such Field Action. Outset shall bear all reasonable costs and expenses incurred by Reseller at Outset’s request in connection with any Field Action. 

7.3.    Customer Complaints. Outset shall be responsible for addressing customer complaints regarding the
Products. Reseller agrees to report immediately to Outset (i) any Customer complaint on or requirements for Products in the Territory, (ii) any recurring complaint regarding Products, and (iii) all incidents that result in personal
injury or death involving Products in any manner whatsoever in strict accordance with the procedures set forth in Exhibit C attached hereto. Reseller shall assist Outset in investigating and rectifying all such complaints and requirements in the
Territory. Reseller shall maintain records of such complaints for at least two years after receipt and shall make such records available to Outset for inspection and copying at any time during Reseller’s normal business hours. For any event
identified under (iii) above, Outset shall be solely responsible for reporting such event to the government authority in the Territory in accordance with applicable regulations. 

 

	8.	 CONFIDENTIALITY 

8.1.    Confidentiality. During its performance under this Agreement, Outset will disclose Confidential
Information to Reseller. Reseller must maintain the Confidential Information in confidence and not use it except for the limited purposes of performing Reseller’s obligations under this Agreement. All Confidential Information, including copies
made by Reseller, will remain the property of Outset. Nothing in this Agreement shall be construed as granting or conferring any rights by license or otherwise in the Confidential Information except as expressly stated in this Agreement. 

8.2.    Exclusions. Confidential Information excludes information when written records establish that it:
[***]. Nothing in this Agreement prevents Reseller from disclosing Confidential Information to a government authority to the extent it is compelled to do so by any lawful process, such as a court order, formal request to disclose or subpoena, and
provided that Reseller [***]. 
  

	9.	 REPRESENTATIONS AND WARRANTIES 

9.1.    Authorization; Enforceability. Outset and Reseller each represent and warrant that: (i) it is
duly organized, validly existing and in good standing under the laws of its organizing jurisdiction; (ii) it has all requisite power and authority to enter into this Agreement; (iii) it is duly authorized to execute and deliver this
Agreement and to perform its obligations and complete the transactions under it; and (iv) this Agreement is valid, binding and enforceable. 

  
 PAGE 9 OF 17 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 9.2.    Not Debarred. Outset and Reseller each represent
and warrant that, as of the Effective Date of this Agreement, it has not (a) been listed by any federal or state agency as excluded, debarred, suspended or otherwise ineligible to participate in federal and/or state programs; or (b) been
convicted of any crime relating to any federal and/or state program. 
 9.3.    Reseller Status. Reseller
represents and warrants that as of the Effective Date of this Agreement, it satisfies the criteria to hold SDVOSB status as defined by applicable federal law, shall provide documentation of such status to Outset, and shall retain such status without
interruption during the term of this Agreement. 
 9.4.    Product Warranty. Outset represents and
warrants that the Products, when shipped, shall meet Outset’s standard specifications then in effect and shall be free from material defects in material and workmanship for a period of [***] from the date of delivery (the “Warranty
Period”). This warranty for the applicable Product will be null and void if (i) Reseller, Customer or any person who is not certified by Outset to perform such service attempts to modify, repair or service the Product itself (other than
performing the maintenance described in the operator and technician manuals), or (ii) the Product is used in a manner not provided for in the documentation provided by Outset for the Product. If any Product is found to be defective due to
defective materials and/or workmanship during the Warranty Period, Outset will, at its option, repair or replace the defective parts without charge. EXCEPT FOR INDEMNIFICATION OBLIGATIONS PROVIDED IN SECTION 10 BELOW, THE EXPRESS WARRANTY ABOVE IS
THE SOLE REMEDY FOR ANY BREACH OF ANY WARRANTY WITH RESPECT TO THE PRODUCT AND IS IN LIEU OF ANY AND ALL OTHER REMEDIES. 
 THE WARRANTIES AND REMEDIES SET
FORTH IN THIS AGREEMENT ARE EXCLUSIVE AND IN LIEU OF ALL OTHER WARRANTIES, TERMS OR CONDITIONS, WHETHER EXPRESSLY STATED OR IMPLIED, AND WHETHER THEY ARE BASED ON THE FACTS OR BY OPERATION OF LAW, INCLUDING STATUTORY LAWS, THE COMMON LAW OR
OTHERWISE. THE PARTIES EXPRESSLY DISCLAIM ALL IMPLIED WARRANTIES, TERMS AND CONDITIONS INCLUDING, BUT NOT LIMITED TO, THOSE RELATED TO MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, CORRESPONDENCE WITH DESCRIPTION, AND NON-INFRINGEMENT. 
  

	10.	 INDEMNITY 

10.1.    Intellectual Property Indemnification. Outset shall defend, indemnify and hold Reseller and its
officers, directors, employees and agents (“Reseller Indemnified Parties”) harmless from any third party claims, suits, demands, losses, damages and expenses (including reasonable attorneys’ fees) (“Losses”) to
the extent they arise from an allegation that the Products as delivered: (i) misappropriate any trade secret of a third party; or (ii) infringe any copyright, trademark or patent enforceable within the United States or the Territory
(“Claim”). Outset is not obligated to indemnify Reseller Indemnified Parties if and to the extent that the alleged misappropriation or infringement is caused by: (a) use of a Product in a manner not authorized by Outset as set
forth in the Documentation or other written instructions from Outset; (b) modification 

  
 PAGE 10 OF 17 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 
of the Products unless performed by Outset; (iii) use of the Products in combination with any products or materials not provided by Outset; (iv) compliance by Outset with
Reseller’s or Customers’ designs, specifications or instructions; (v) failure to install and use updates issued by Outset; where such infringement would not have occurred but for such use, modification, combination, failure to update
or compliance. If the Products or any part of them are, or in the opinion of Outset may become, the subject of any Claim, or if it is judicially determined that the Products or any part of them infringes or misappropriates any such intellectual
property or proprietary right, or if the distribution or use of the Products or any part of them is, as a result, enjoined or Outset wishes to minimize its liability hereunder, then Outset at its option, may: (i) procure for Reseller and its
Customers the right to distribute or use, as applicable, such Products as provided herein; or (ii) replace the Products with non-infringing, functionally equivalent products; or (iii) suitably modify
the Products so they become non-infringing. In the event that Outset is unable to do (i), (ii) or (iii) above using its commercially reasonable efforts, then Outset may accept return of the Products and
provide a credit equal to the fees paid by Reseller for such Product amortized over [***] period using the straight-line method for the benefit of the Customer. The provisions of this Section 10.1 (Indemnification by Outset) states
Reseller’s sole and exclusive remedy with respect to misappropriation or infringement of any third party’s rights by the Products. 

10.2.    Product Liability. Outset shall indemnify and hold Reseller harmless against any Losses to the
extent arising from any claims, suits, proceedings, or demands alleging such Losses were incurred due to a Product defect that caused damages or injuries to persons or property (excluding matters for which Reseller is responsible under
Section 10.3 below). Outset shall maintain product liability insurance in such amounts as ordinary good business practice for its type of business would require. In no event shall Outset be liable for any Losses hereunder after any
modifications or changes are made to any Product other than by Outset or pursuant to Outset’s written instructions or in accordance with the Documentation. 

10.3.    Indemnity by Reseller. Reseller must indemnify, defend and hold harmless Outset and its Affiliates
and their officers, directors, employees and agents (“Outset Indemnified Parties”) against all Losses to the extent arising (i) out of the negligence, intentional wrongful acts, omissions where there is a duty to act, or
misrepresentations of Reseller or any person for whose actions Reseller is responsible or (ii) out of Reseller’s performance under this Agreement, except to the extent such claims are caused by the intentional conduct or gross negligence
of Outset. Reseller is solely responsible for any claims, warranties or representations made by Reseller or its employees or agents which differ from the warranty provided by Outset in the limited warranty specified herein for each Product sold or
licensed hereunder, or which differ from written documentation provided by Outset. 

10.4.    Procedure. To receive the benefit of indemnification under this Section 10, the party
seeking indemnification must promptly notify the indemnifying party (“Indemnifying Party”) in writing of the claim or suit and provide reasonable cooperation (at the Indemnifying Party’s expense) and tender to the
Indemnifying Party (and its insurer) full authority to defend or settle the claim or suit; provided that if the Indemnifying Party is not given prompt written notice of such claim or suit and such delay in notice is not prejudicial to Indemnifying
Party’s ability to defend such claim or suit, Indemnifying Party shall not be relieved from its indemnification obligations pursuant to this section. Neither party has any obligation to indemnify the other party

  
 PAGE 11 OF 17 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 
in connection with any settlement made without the Indemnifying Party’s prior written consent. The indemnified party (“Indemnified Party”) has the right to
participate at its own expense in the claim or suit and in selecting its own counsel in the proceeding. The Indemnified Party shall cooperate with Indemnifying Party (and its insurer), as reasonably requested, at Indemnifying Party’s sole cost
and expense. 
  

	11.	 LIMITATION OF LIABILITY 

11.1.    Limitation on Damages. IN NO EVENT SHALL OUTSET OR ITS SUPPLIERS BE LIABLE TO RESELLER, CUSTOMER OR
ANY THIRD PARTY FOR [***], IN CONNECTION WITH THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT [***]. 

11.2.    Liability Cap. THE AGGREGATE LIABILITY OF OUTSET AND ITS SUPPLIERS ARISING OUT OF THIS AGREEMENT
AND THE TRANSACTIONS CONTEMPLATED UNDER IT ARE LIMITED TO THE AGGREGATE AMOUNT PAID TO OUTSET BY RESELLER DURING THE [***] PERIOD PRECEDING THE DATE THE CLAIM FOR LIABILITY AROSE. THE PARTIES EXPRESSLY ACKNOWLEDGE AND AGREE THAT: (i) THE
LIMITATIONS OF LIABILITY SPECIFIED IN THIS SECTION 11 (LIMITATION OF LIABILITY) OR ANY OTHER SECTION OF THIS AGREEMENT ARE AN ESSENTIAL BASIS OF THEIR BARGAIN THAT CORRECTLY ALLOCATES THE RISKS BETWEEN THEM; AND (ii) THEY RELIED ON THESE
LIMITATIONS OF LIABILITY IN SETTING THE PRICING AND OTHER TERMS SET FORTH IN THIS AGREEMENT. LIABILITY TO THIRD PARTIES FOR BODILY INJURY, INCLUDING DEATH, SHALL BE DETERMINED ACCORDING TO APPLICABLE LAW. 

 

	12.	 TERM AND TERMINATION 

12.1.    This Agreement shall continue during the Term, provided the Term may be extended or terminated early
according to the following provisions: 
 (a)    Subsequent to the Effective Date, either Party shall have the right at
any time to terminate this Agreement without cause by giving [***] written notice to the other Party. 
 (b)    Unless
either Party is then in default of its obligations under this Agreement, then upon the expiration of the Term, this Agreement shall automatically renew for successive [***] renewal terms unless one Party provides notice to the other of its intent
not to renew at least [***] days prior to the end of the Term. 
 12.2.    Without prejudice to any remedy which
either Party may have against the other for non-performance of the Agreement, either Party shall have the right to immediately terminate this Agreement by delivering written notice thereof to the other Party,
in the event of any of the following: 
 (a)    The other Party ceases to do business or otherwise substantially reduces
its business operations as it relates to the Products or fails to maintain the insurance required of it pursuant to this Agreement; 

  
 PAGE 12 OF 17 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 (b)    The other Party fails to promptly secure or renew any license,
registration, permit, authorization or approval for the conduct of its business in the manner contemplated by this Agreement or if any such license, registration, permit, authorization or approval is revoked or suspended and not reinstated within
[***] days; 
 (c)    The other Party materially breaches any material provision of this Agreement and fails to cure
such breach within [***] days of written notice describing the breach; 
 (d)    Any governmental agency prohibits the
manufacturing, importing, promoting, selling, or distribution of the Products in the Territory; or 
 (e)    If the
other Party becomes insolvent or seeks protection under any bankruptcy, receivership, trust deed, creditors arrangement, composition or comparable proceeding, or if any such proceeding is instituted against the other Party and not dismissed within
[***] days. 
 12.3.    Upon the termination of this Agreement for any reason, Reseller shall cease the marketing
and sale of the Products. Notwithstanding any provision of this Agreement to the contrary, the terms of this Agreement will continue to govern the rights and obligations of the parties with respect to all open Orders as of the termination date until
Outset shall have fulfilled all such Orders and Reseller shall have paid all invoices with respect thereto, and Reseller shall pay all outstanding accounts or amounts in accordance with any other relevant provisions of this Agreement regardless of
termination, and this provision and payment obligation shall survive termination of the Agreement. 

12.4.    Acceptance of any purchase order from, or the sale of any Products to, Reseller after the termination of
this Agreement shall not be construed as a renewal or extension thereof nor as a waiver of termination by either Party; furthermore, in the absence of a new written agreement signed by authorized representatives for the Parties, all such
transactions shall be governed by provisions identical to the applicable provisions of this Agreement. 

12.5.    The provisions of Sections 1, 2.8, 4, 5.2, 5.3, 6, 8, 9, 10.2, 10.3, 10.4, 11, 12, 13 and 14 as well as
the relevant provisions of all Exhibits shall survive any expiration or termination of this Agreement. 

12.6.    Neither party shall be liable to the other for any damages, expenditures, loss of profits or prospective
profits or goodwill on account of the termination or expiration of this Agreement pursuant to its terms. 
  

	13.	 COMPLIANCE WITH FEDERAL LAWS. 

13.1.    Reseller agrees to comply fully with the Federal Acquisition Regulations and supplements, Title 48, Code of
Federal Regulations, and any other applicable laws, regulations and orders, including, without limitation, those relating to country of origin and any other disclosure requirements. 

  
 PAGE 13 OF 17 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 13.2.    Reseller agrees to adhere to the requirements set forth
in Executive Orders 11246 and 11375. Reseller agrees to comply with all state and federal Equal Employment Opportunity, Immigration, and Affirmative Action requirements including 42 U.S.C. 2000 (e) et seq., The Civil Rights Act of 1964, The Civil
Rights Act of 1991, 503 and 504 of the Rehabilitation Act of 1973, 204 of the Vietnam Era Veterans’ Readjustment Assistance Act of 1974, the Americans with Disability Act and the Immigration Reform Act of 1985 and any amendments and applicable
regulations pertaining thereto. Any provision required to be included in a contract of this type by any applicable and valid federal, state or local law, ordinance, rule or regulation shall be deemed to be incorporated herein, and Reseller agrees to
comply with all applicable laws and regulations in connection with its performance and obligations under this Agreement. 

13.3.    The Parties acknowledge and agree that Reseller’s ability to sell the Products pursuant to
Section 2 above may require Reseller to submit Outset’s commercial sales practice (CSP) data (as defined below) for one or more Products together with Reseller’s solicitations for FSS Contract, GSA Contracts, VA Strategic Acquisition
Center Contract, or Defense Logistics Agency Contracts, or upon request by an authorized government contracting officer, and the Parties further acknowledge and agree that Reseller will have a continuing obligation to update Outset’s CSP data
previously submitted in connection with such contracts. Accordingly, upon written request by Reseller from time to time during the term of this Agreement, Outset shall provide to Reseller all accurate and timely CSP data about each Product so
requested within fifteen (15) business days. As used in this subparagraph “CSP data” means that data for each Product described by Clause CSP-1 and Clause 552-.212-70 of CP-FSS-1-C, Standing Solicitation No. RFP-797-FSS-00-0025-R9 (Refreshed 09/2013), as amended, and Figure 15.4-2 referenced therein. 
 13.4.    The Parties acknowledge and agree that
Reseller’s ability to sell the Products to certain Customers pursuant to Section 2 above requires certification that the Products, including their raw materials or components parts, are sourced only from “designated countries,”
as such term is defined under the Trade Agreements Act of 1979 (i.e., a World Trade Organization Government Procurement Agreement Country, a Free Trade Agreement Country, a Least Developed Country, or a Caribbean Basin Country). Accordingly, upon
request by Reseller from time to time during the term of this Agreement, Outset shall provide to Reseller all accurate and timely country of origin information about each Product so requested, include the raw materials and components thereof, within
[***] days. 
 13.5.    In the event Reseller is audited by any government authority, where one or more audit
findings relates to data or information provided or required to be provided to Reseller pursuant to this Section 13, Reseller, its employees, agents and representatives, shall have the right to obtain all reasonable assistance and access to
such records as are maintained by Outset as may be necessary to determine the accuracy and completeness of such data or information. 

13.6.    The Parties agree that Reseller’s reliance on any data or information provided to Reseller pursuant
to this Section 13 shall be deemed reasonable reliance. 
 13.7.    If, as a result of a change in law or
otherwise, this Agreement is reasonably determined by legal counsel of a Party to violate, or present an unacceptable risk of violating, any federal, state, or local laws, rules, or regulations, the Parties agree to negotiate in good faith

  
 PAGE 14 OF 17 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 
revisions to any provision which is in, or which presents an unreasonable risk of, violation. If the Parties are unable to agree to modified terms as required to bring the entire Agreement into
compliance or into an acceptable level of risk within [***] days, then either Party may terminate this Agreement immediately upon written notice to the other Party. 
  

	14.	 GENERAL PROVISIONS. 

14.1.    Governing Law. This Agreement shall be governed and construed in accordance with the laws of State
of California, United States of America, excluding its conflict of laws rules. The United Nations Convention on Contracts for the International Sale of Goods shall not apply to the transactions contemplated by this Agreement. Any legal action, suit,
or proceeding brought by either party related to or arising out of this Agreement must be brought in a state or federal court in San Francisco, California, which is the sole and exclusive venue for any such action, suit or proceeding; provided,
however, a party may remove any action, suit, or proceeding originally filed in a California state court to a federal court in San Francisco, California. Each party hereby accepts and submits to the exclusive jurisdiction of each of the aforesaid
courts with respect to any action, suit, or proceeding brought by it or against it by the other party. Each party waives any objection to the venue for any such action, suit or proceeding being in such courts. THE PARTIES WAIVE ANY TRIAL BY JURY IN
ANY ACTION OR PROCEEDING BASED ON OR PERTAINING TO THIS AGREEMENT. 
 14.2.    Amendment and Waiver. Any
amendment or modification of this Agreement must be made in writing and signed by duly authorized representatives of each party. No provision of or right under this Agreement shall be deemed to have been waived by any act or acquiescence on the part
of either party, its agents or employees, but only by an instrument in writing signed by an authorized officer of each party. No waiver by either party of any breach of this Agreement by the other party shall be effective as to any other breach,
whether of the same or any other term or condition and whether occurring before or after the date of the waiver. 

14.3.    Independent Contractors. Each party represents that it is acting on its own behalf as an
independent contractor and is not acting as an agent for or on behalf of any third party. This Agreement and the relations hereby established by and between Reseller and Outset do not constitute a partnership, joint venture, franchise, agency or
contract of employment. Reseller is not granted, and shall not exercise, the right or authority to assume or create any obligation or responsibility on behalf of or in the name of Outset or its Affiliates. 

14.4.    Assignment. Reseller may not assign or transfer, by law or otherwise, any of its rights or
obligations under this Agreement without the prior written consent of Outset. Any purported assignment in violation of this Section 14.4 (Assignment) will be null and void. Outset may assign this Agreement, without Reseller’ consent, to an
Affiliate or to a successor or acquirer, as the case may be, in connection with a merger or acquisition, or the sale of all or substantially all of Outset’s assets or the sale of that portion of Outset’s business to which this Agreement
relates. This Agreement shall bind and inure to the benefit of the parties hereto and their permitted successors and assigns. 

14.5.    Notices. All communications required or permitted under this Agreement will be in writing and
delivered in person, effective immediately, by overnight delivery service, effective 

  
 PAGE 15 OF 17 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

 
[***] days after deposit with the carrier, or by registered or certified mail, postage prepaid with return receipt requested, effective [***] days after deposit with the carrier. All
communications will be sent to the addresses set forth below or to such other address as may be specified by either party in writing to the other party in accordance with this Section 14.5 (Notices). 

 

			
	To Outset:	 	To Reseller:
		
	Outset Technologies, Inc.	 	SDV Medical
	Attention: Vice President, Sales	 	Attention: President
	1830 Bering Drive	 	26 Macallan Lane
	San Jose, CA 95112	 	Asheville, NC 28805
	USA	 	USA
	Copy to: General Counsel	 	

 14.6.    Severability. In the event any provision of this Agreement shall be
held to be invalid, illegal or unenforceable (together “Invalid Provision”) in any respect for any reason, that invalidity, illegality or unenforceability shall not affect any other term or provision of this Agreement. The parties
agree that they will negotiate in good faith or will permit an arbitrator to replace any Invalid Provision with an alternative valid provision that is as similar as possible in substance to the Invalid Provision. 

14.7.    Captions. Captions of the sections and subsections of this Agreement are for reference purposes
only, do not constitute terms or conditions of this Agreement and shall not limit or affect the meaning or construction of the terms and conditions of this Agreement. 

14.8.    Word Meanings. Words such as herein, hereinafter, hereof and hereunder
refer to this Agreement as a whole and not merely to a section or paragraph in which these types of words appear, unless the context otherwise requires. The singular shall include the plural, and each masculine, feminine and neuter reference shall
include and refer also to the others, unless the context otherwise requires. 
 14.9.    Entire Agreement.
The terms and provisions contained in this Agreement (including the Exhibits) constitute the entire understanding of the parties and supersedes all previous proposals, oral or written, and all negotiations, conversations or discussions had between
the parties related to the matter hereof. This Agreement is made in the English language and the English version of this Agreement shall control. In the event that any translation of this Agreement is made into another language, the non-English version shall be for informational purposes only. In the event of any conflict or inconsistency between the terms and conditions of this Agreement and any terms or conditions set forth in any purchase
order, purchase agreement, service agreement or other document relating to the transactions contemplated by this Agreement, the terms and conditions set forth in this Agreement shall prevail. Reseller hereby waives and agrees never to assert any
right it may have to have this Agreement written in the language of its place of residence. 
 14.10.    Rules
of Construction. The parties agree that they have participated equally in the formation of this Agreement and that the language and terms of this Agreement shall not be construed against either party by reason of the extent to which such party
or its professional advisors participated in the preparation of this Agreement. Each party agrees that it had the opportunity to review this Agreement with its legal counsel prior to executing it. 

  
 PAGE 16 OF 17 

 *Portions of this exhibit have been excluded because it both (i) is not material and (ii) would be
competitively harmful if publicly disclosed. 
  

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

14.12.    Force Majeure. “Force Majeure Events” are significant events or
circumstances that are not caused by or within the control of a party, but which delay or prevent that party’s ability to comply with its obligations under this Agreement; they do not include events that a party can avoid or prevent by
exercising reasonable diligence. Force Majeure Events include but are not limited to the following: [***]. In order to assert that its delay or inability to perform its obligations is caused by a Force Majeure Event, then that party
(“Disadvantaged Party”) must give prompt written notice to the other party which details the relevant circumstances. If the identified Force Majeure Event is legitimate, then both parties will then be excused from performing
their contract obligations until the Force Majeure Event no longer interferes with the Disadvantaged Party’s ability to meet its obligations, provided, however that both parties must continue to comply with their payment obligations. If Force
Majeure conditions continue for more than [***] consecutive days or an aggregate of [***] days in any [***] period, then either party may terminate this Agreement in accordance with Section 12.2.1 (Termination for Cause). 

14.13.    Further Assurances. Each party covenants and agrees that, subsequent to the execution and delivery
of this Agreement and without any additional consideration, it will execute and deliver any further legal instruments and perform any acts that are or may become reasonably necessary to effectuate the purposes and intent of this Agreement. 

Signed: 
  

					
	Outset Medical:	  	SDV Medical:	  	
			
	By: /s/ Jamie Lewis	  	By: /s/ Daniel P. Whisnant	  	
	Name: Jamie Lewis	  	Name: Daniel P. Whisnant	  	
	Title: SVP, Sales and Customer Experience	  	Title: President	  	

 LIST OF EXHIBITS 

Exhibit A: PRODUCTS; PRICING, MINIMUM AMOUNTS, TERRITORY,
EXCLUSIVITY 
 Exhibit B: GACL CERTIFICATIONS 

Exhibit C: UNITED STATES FOOD AND DRUG ADMINISTRATION (FDA)
REGULATORY REQUIREMENTS 

  
 PAGE 17 OF 17

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