Document:

EX-10.19

 Exhibit 10.19 

FORBEARANCE AND FOURTH AMENDMENT TO LOAN AND SECURITY AGREEMENT 

This Forbearance and Fourth Amendment to Loan and Security Agreement (this “Amendment”) is entered into as of
February 9, 2018, by and between WESTERN ALLIANCE BANK, an Arizona corporation (“Bank”) and BIONANO GENOMICS, INC., a Delaware corporation (“Borrower”). 

RECITALS 

A. Borrower and Bank are parties to that certain Loan and Security Agreement dated as of March 8, 2016, as amended from
time to time, including by that certain First Amendment to Loan and Security Agreement dated as of December 9, 2016, that certain Second Amendment to Loan and Security Agreement dated as of May 2, 2017; and that certain Third Amendment to
Loan and Security Agreement dated as of November 20, 2017 (collectively, the “Loan Agreement”). The parties desire to amend the Loan Agreement in accordance with the terms of this Amendment. 

B. As of the date hereof, there is owing under the Loan Agreement a principal amount (not including, to the extent applicable,
any contingent obligations, e.g. those arising out of any undrawn letters of credit issued by Bank for Borrower’s benefit), accrued and unpaid interest, legal fees and costs, plus all other outstanding amounts and costs of enforcement due under
the Loan Agreement. Such amount, plus accruing interest and costs and accrued and accruing attorneys’ fees and costs are hereinafter referred to herein as the “Existing Debt.” 

C. Event of Defaults have occurred and exist under Section 6.8(b) of the Loan Agreement as a result of Borrower’s
failure on or before December 31, 2017 to provide evidence satisfactory to Bank that Borrower received at least Fifteen Million Dollars ($15,000,000) from the sale or issuance of its equity securities or Subordinated Debt (the “Existing
Default”). The Existing Default entitles Bank immediately to enforce all the remedies set forth in the Loan Agreement. Borrower has asked Bank to forbear from exercising those remedies as a result of the Existing Default, and Bank has agreed,
provided Borrower enters into this Amendment 
 NOW, THEREFORE, the parties agree as follows: 

1. Defined Terms. Capitalized terms not otherwise defined herein shall have the same meanings as set forth in the Loan
Agreement. 
 2. Acknowledgement of Liability. As of the date of this Amendment, Borrower owes Bank an amount equal
to the Existing Debt. Borrower reaffirms all of its obligations under the Loan Agreement and hereby forever waives and relinquishes any and all claims, set-offs or defenses that Borrower may now have with
respect to the payment of sums due to Bank and the performance of other obligations under the Loan Agreement. The security interests granted to Bank in the Loan Agreement in the Collateral remain perfected, first priority liens. 

3. Forbearance. Borrower acknowledges the existence of the Existing Default under the Loan Agreement. Borrower further
acknowledges and agrees that Bank is not in any way agreeing to waive such Existing Default as a result of this Amendment or the performance by the parties of their respective obligations hereunder or thereunder. Subject to the conditions contained
herein and performance by Borrower of all of the terms of this Amendment and the Loan Agreement after the date hereof, Bank shall, until the earliest of (i) June 30, 2018 or (ii) such date that there shall occur any further Event of
Default (the “Forbearance Period”), forbear from exercising any remedies that it may have against Borrower as a result of the occurrence of the Existing Default. This forbearance shall not be deemed a continuing waiver or
forbearance with respect to any Event of Default of a similar nature that may occur after the date of this Amendment. If Borrower has, after the Fourth Amendment effective date but on or before June 30, 2018, (i) delivered to Bank evidence,
satisfactory to Bank in its sole discretion, that Borrower has received at least Twenty-One Million Dollars ($21,000,000) of gross cash proceeds (provided that Borrower shall only incur a reasonable amount of
transaction expenses in connection therewith) from the sale of its equity securities to investors and on terms and conditions reasonably acceptable to Bank, or (ii) the occurrence of a Liquidity Event which has resulted in all Obligations owing
from Borrower to Bank being repaid in full in cash, and Borrower has otherwise complied with this Agreement, the Existing Default shall be automatically waived. Such forbearance or 

  
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waiver does not apply to any other Event of Default or other failure by Borrower to perform in accordance with the Loan Agreement or this Amendment 

4. Amendments. The Loan Agreement is hereby amended as follows: 

4.1 The following defined terms in Section 1.1 of the Loan Agreement hereby are added, amended or restated as follows:

 “Amortization Date” is July 8, 2018; provided, however, if Borrower has delivered to Bank
evidence, satisfactory to Bank in its sole discretion, that Borrower has received at least Twenty-One Million Dollars ($21,000,000) of gross cash proceeds (provided that Borrower shall only incur a reasonable
amount of transaction expenses in connection therewith) from the sale of its equity securities to investors and on terms and conditions reasonably acceptable to Bank, in accordance with the requirements set forth in Section 6.8 hereof, then the
Amortization Date shall automatically be extended to October 8, 2018. 
 “IP Agreement” is
that certain Intellectual Property Security Agreement entered into by and between Borrower and Bank dated as of the Fourth Amendment Effective Date, as such may be amended from time to time. 

“IP Release Event” is the period beginning on the date Borrower has delivered to Bank evidence,
satisfactory to Bank in its sole discretion, that Borrower has received at least Twenty-One Million Dollars ($21,000,000) of gross cash proceeds (provided that Borrower shall only incur a reasonable amount of
transaction expenses in connection therewith) from the sale of its equity securities to investors and on terms and conditions reasonably acceptable to Bank, in accordance with the requirements set forth in Section 6.8 hereof. 

“Fourth Amendment Effective Date” means February 9, 2018. 

“Liquidity Event” is any of the following: (a) a sale or other disposition by Borrower of all or
substantially all of its assets; (b) a merger or consolidation of Borrower into or with another person or entity, where the holders of Borrower’s outstanding voting equity securities as of immediately prior to such merger or consolidation
hold less than a majority of the issued and outstanding voting equity securities of the successor or surviving person or entity as of immediately following the consummation of such merger or consolidation; (c) any sale, in a single transaction
or series of related transactions, by the holders of Borrower’s outstanding voting equity securities, to one or more buyers, of such securities, where such holders do not, as of immediately following the consummation of such transaction(s),
continue to hold at least a majority of Borrower’s issued and outstanding voting equity securities; or (d) Borrower’s initial public offering and sale of its common stock or other common voting equity securities pursuant to an
effective registration statement under the Securities Act of 1933, as amended. 
 4.2 New Subsection (f) of
Section 2.6 of the Loan Agreement hereby is added to the end of Section 2.6 of the Loan Agreement to read as follows: 

“(f) Fourth Amendment Fee. An amendment fee equal to Seventy Thousand Dollars ($70,000) (the
“Fourth Amendment Fee”) which shall be nonrefundable, due on the earliest to occur of (a) the Term Loan Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to
Section 2.2(c) or (d).” 
 4.3 New Subsection (g) of Section 2.6 of the Loan Agreement hereby is added
to the end of Section 2.6 of the Loan Agreement to read as follows: 
 “(g) Success Fee.
A success fee equal to Two Hundred Ten Thousand Dollars ($210,000) (the “Success Fee”) which shall be nonrefundable, due on the occurrence of a Liquidity Event. This Section 2.6(g) shall survive the termination of this
Agreement.” 

  
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 4.4 Section 6.8 of the Loan Agreement hereby is amended and restated in its
entirety to read as follows: 
 “6.8 Funding Milestone. On or after the Fourth Amendment
Effective Date, Borrower shall have received gross cash proceeds (provided that Borrower shall only incur a reasonable amount of transaction expenses in connection therewith) from the sale of its equity securities to investors and on terms and
conditions reasonably acceptable to Bank in the following amounts for the following deadlines: (i) Six Million Dollars ($6,000,000) by no later than February 12, 2018; (ii) an additional (and not cumulative with the dollar amount received
that is applicable to satisfying Section 6.8(i) hereof) Three Million Dollars ($3,000,000) by no later than April 13, 2018; and (iii) an additional (and not cumulative with the dollar amounts received that are applicable to satisfying
Section 6.8(i) and Section 6.8(ii) hereof) Twelve Million Dollars ($12,000,000) by no later than June 30, 2018.” 

4.5 Section 6.10 of the Loan Agreement hereby is amended and restated in its entirety to read as follows: 

“6.10 Intellectual Property Rights. 

(a) Borrower shall, (i) concurrently with the delivery of the monthly Compliance Certificate, give Bank
written notice of any applications or registrations of intellectual property rights filed with the United States Patent and Trademark Office, including the date of such filing and the registration or application numbers, if any, and the filing of
any applications or registrations with the United States Copyright Office, including the title of such intellectual property rights to be registered, as such title will appear on such applications or registrations, and the date such applications or
registrations will be filed and (ii) prior to the occurrence of the IP Release Event, prior to the filing of any such applications or registrations, shall execute such documents as Bank may reasonably request for Bank to maintain its perfection
in such intellectual property rights to be registered by Borrower, and upon the request of Bank, shall file such documents simultaneously with the filing of any such applications or registrations. Upon filing any such applications or registrations
with the United States Copyright Office, Borrower shall promptly provide Bank with (i) a copy of such applications or registrations, without the exhibits, if any, thereto, (ii) evidence of the filing of any documents requested by Bank to
be filed for Bank to maintain the perfection and priority of its security interest in such intellectual property rights, and (iii) the date of such filing. 

(b) Bank may audit Borrower’s Intellectual Property to confirm compliance with this Section, provided such
audit may not occur more often than (i) prior to the occurrence of the IP Release Event twice per year and (ii) after the occurrence of the IP Release Event, once per year, unless an Event of Default has occurred and is continuing. Bank
shall have the right, but not the obligation, to take, at Borrower’s sole expense, any actions that Borrower is required under this Section to take but which Borrower fails to take, after 15 days’ notice to Borrower. Borrower shall
reimburse and indemnify Bank for all reasonable costs and reasonable expenses incurred in the reasonable exercise of its rights under this Section.” 

4.6 Exhibit A to the Loan Agreement hereby is replaced with Exhibit A attached hereto. 

4.7 Exhibit D to the Loan Agreement hereby is replaced with Exhibit D attached hereto. 

5. Default. In addition to all other Event(s) of Default under the Loan Agreement, the following shall constitute an
Event of Default under this Amendment: Borrower’s failure to pay any amount when due under this Amendment or to perform any covenant or other agreement contained in this Amendment or any other document entered into pursuant hereto. 

  
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 6. Repayment. Borrower shall continue to make all payments as they become
due under the LoanAgreement. 
 7. Ratification by Borrower of Bank’s First Priority Security Interest in
Collateral. Borrower hereby confirms and ratifies Bank’s first priority lien and security interest in and to all Collateral, including all property described on Exhibit A hereto. Borrower shall execute such security agreements, financing
statements and other documents as Bank may from time to time reasonably request to carry out the terms of this Amendment and the Loan Agreement. Borrower authorizes Bank to file such financing statements and amendments relating to the Collateral.
Such liens and security interests shall secure all of the obligations of Borrower under this Amendment and the Loan Agreement. 

8. Receipt and Application of Payments. All payments hereunder and under the Loan Agreementmay, at Bank’s option,
first be applied against Bank Expenses and accrued and unpaid interest, and the balance against the principal portion of the Existing Debt in reverse order of maturity, all in Bank’s sole and absolute discretion. Acceptance by Bank of any
payment in an amount less than the amount then due shall be deemed an acceptance on account only, and the failure to pay the entire amount then due shall be and continue to be an Event of Default pursuant to this Amendment, and at any time
thereafter and until the entire amount then due has been paid, Bank shall be entitled to exercise all rights conferred upon it herein or in the Loan Agreement upon the occurrence of an Event of Default. To the extent that Bank receives any payment
or benefit and such payment or benefit, or any part thereof, is required to be repaid to a trustee, receiver, or any other party under any bankruptcy act, state or federal law, common law or equitable cause, then to the extent of such payment or
benefit, the Existing Debt, or any part thereof intended to be satisfied shall be revived and continued in full force and effect as if such payment or benefit had not been made, shall accrue interest at the highest rate applicable to any portion
thereof, shall be secured by the Collateral and payable on demand. 
 9. Representations and Warranties. 

9.1 Borrower hereby represents and warrants that no Event of Default or failure of condition has occurred or exists, or would
exist with notice or lapse of time or both under any of the Loan Agreement, other than the Existing Default. 
 9.2 The
forbearance period granted pursuant to the terms of this Amendment is reasonable and is based upon the projections of Borrower. 

9.3 All representations and warranties of Borrower in this Amendment and the Loan Agreement are true and correct as of the
date hereof, and shall survive the execution of this Amendment. 
 9.4 All of Borrower’s deposit accounts (including
operating and payroll accounts) and investment accounts are with Bank other than those permitted under the Loan Agreement. 

10. Rights and Remedies. 

10.1 Upon the occurrence and during the continuance of an Event of Default, Bank may, at its election, without notice of its
election and without demand, do any one or more of the following, all of which are authorized by Borrower: 
 (a) Without
notice to Borrower, set off and apply to the amounts due and owing under the Loan Agreement and this Amendment: 
 (i) any
and all cash or certificates of deposit held by Bank for whatever purpose; and 
 (ii) indebtedness at any time owing to or
for the credit or the account of Borrower held by Bank. 

  
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 (b) Take action against Borrower for payment under the Loan Agreement and this
Amendment; 
 (c) Demand that Borrower (i) deposit cash with Bank in an amount equal to the amount of any Letters of
Credit remaining undrawn, as collateral security for the repayment of any future drawings under such Letters of Credit, and (ii) pay in advance all Letter of Credit fees scheduled to be paid or payable over the remaining term of the Letters of
Credit, and Borrower shall promptly deposit and pay such amounts; and/or 
 (d) Exercise any right and remedy authorized by
the Loan Agreement and/or this Amendment and/or applicable law. 
 10.2 Bank’s rights and remedies under this
Amendment, the Loan Agreement and all other agreements shall be cumulative. Bank shall have all other rights and remedies not inconsistent herewith as provided under the Code, by law, or in equity. No exercise by Bank of one right or remedy shall be
deemed an election, and no waiver by Bank of any Event of Default on the part of Borrower shall be deemed a continuing waiver. No delay by Bank shall constitute a waiver, election, or acquiescence by it. Bank shall have the right to take any action
it deems necessary against Borrower in order to enforce or perfect, or to realize on its security interest in the Collateral. 

11. Power of Attorney. Effective only upon the occurrence and during the continuance of an Event of Default, Borrower
hereby irrevocably appoints Bank (and any of Bank’s designated officers, or employees) as Borrower’s true and lawful attorney to: (a) send requests for verification of Accounts or notify account debtors of Bank’s security
interest in the Accounts; (b) endorse Borrower’s name on any checks or other forms of payment or security that may come into Bank’s possession; (c) sign Borrower’s name on any invoice or bill of lading relating to any
Account, drafts against account debtors, schedules and assignments of Accounts, verifications of Accounts, and notices to account debtors; (d) dispose of any Collateral; (e) make, settle, and adjust all claims under and decisions with
respect to Borrower’s policies of insurance; (f) settle and adjust disputes and claims respecting the accounts directly with account debtors, for amounts and upon terms which Bank determines to be reasonable; (g) to modify, in its
sole discretion, any intellectual property security agreement entered into between Borrower and Bank without first obtaining Borrower’s approval of or signature to such modification by amending Exhibits A, B, and C, thereof, as appropriate, to
include reference to any right, title or interest in any Copyrights, Patents or Trademarks acquired by Borrower after the execution hereof or to delete any reference to any right, title or interest in any Copyrights, Patents or Trademarks in which
Borrower no longer has or claims to have any right, title or interest; and (h) to file, in its sole discretion, one or more financing or continuation statements and amendments thereto, relative to any of the Collateral without the signature of
Borrower where permitted by law; provided Bank may exercise such power of attorney to sign the name of Borrower on any of the documents described in clauses (g) and (h) above, regardless of whether an Event of Default has occurred. The
appointment of Bank as Borrower’s attorney in fact, and each and every one of Bank’s rights and powers, being coupled with an interest, is irrevocable until all of the Obligations have been fully repaid and performed and Bank’s
obligation to provide advances hereunder is terminated. 
 12. Conditions Precedent. The effectiveness of this
Amendment is subject to Bank’s receipt of all of the following: 
 (a) this Amendment, duly executed by Borrower; 

(b) an IP Agreement, duly executed by Borrower; 

(c) a UCC Financing Statement Amendment; 

(d) a Certificate of the Secretary of Borrower with respect to incumbency and resolutions authorizing the execution and
delivery of this Amendment; 
 (e) all reasonable Bank Expenses incurred through the date of this Amendment, which may be
debited from any of Borrower’s accounts; and 

  
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 (f) such other documents, and completion of such other matters, as Bank may
reasonably deem necessary or appropriate. 
 13. Waiver of Notice and Cure. Borrower acknowledges that Events of
Default have occurred under the Loan Agreement that, but for this Amendment, would have entitled Bank to exercise all the remedies available to Bank under the Loan Agreement and applicable law. Borrower waives all notices of default and rights to
cure that are otherwise provided in the Loan Agreement or applicable law, including, but not limited to, rights to notice and redemption under California Uniform Commercial Code sections 9611, 9620 and 9623. Borrower further waives any claim that a
sale or other disposition by Bank of the Collateral is not commercially reasonable because Bank disclaims any warranties with respect to such sale or other disposition, including, without limitation, disclaimers of warranties relating to title,
possession, quiet enjoyment, or the like. Borrower recognizes that Bank may be unable to effect a public sale of any or all the Collateral, by reason of certain prohibitions contained in federal securities laws and applicable state securities laws
or otherwise, and may be compelled to resort to one or more private sales thereof to a restricted group of purchasers which will be obliged to agree, among other things, to acquire such securities for their own account for investment and not with a
view to the distribution or resale thereof. Borrower acknowledges and agrees that any such private sale may result in prices and other terms less favorable than if such sale were a public sale and, notwithstanding such circumstances, agrees that any
such private sale shall be deemed to have been made in a commercially reasonable manner. Bank shall be under no obligation to delay a sale of any of the Collateral for the period of time necessary to permit the issuer thereof to register such
securities for public sale under federal securities laws or under applicable state securities laws, even if such issuer would agree to do so. 

14. Release. 

14.1 Borrower acknowledges that Bank would not enter into this Amendment without Borrower’s assurance hereunder. Except
for the obligations arising hereafter under this Amendment, Borrower hereby absolutely discharges and releases Bank, any person or entity that has obtained any interest from Bank under the Loan Agreement and each of Bank’s and such
entity’s former and present partners, stockholders, officers, directors, employees, successors, assignees, agents and attorneys from any known or unknown claims which Borrower now has against Bank of any nature, including any claims that
Borrower, its successors, counsel, and advisors may in the future discover they would have now had if they had known facts not now known to them, whether founded in contract, in tort or pursuant to any other theory of liability, including but not
limited to any claims arising out of or related to the Loan Agreement or the transactions contemplated thereby. 
 14.2
Borrower waives the provisions of California Civil Code Section 1542, which states: 
 A GENERAL RELEASE DOES NOT EXTEND
TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR. 

14.3 The provisions, waivers and releases set forth in this section are binding upon Borrower and Borrower’s
shareholders, agents, employees, assigns and successors in interest. The provisions, waivers and releases of this section shall inure to the benefit of Bank and its agents, employees, officers, directors, assigns and successors in interest. 

14.4 Borrower warrants and represents that Borrower is the sole and lawful owner of all right, title and interest in and to
all of the claims released hereby and Borrower has not heretofore voluntarily, by operation of law or otherwise, assigned or transferred or purported to assign or transfer to any person any such claim or any portion thereof. Borrower shall indemnify
and hold harmless Bank from and against any claim, demand, damage, debt, liability (including payment of attorneys’ fees and costs actually incurred whether or not litigation is commenced) based on or arising out of any assignment or transfer.

 14.5 The provisions of this section shall survive payment in full of the Obligations, full performance of all the terms
of this Amendment and the Loan Agreement, and/or Bank’s actions to exercise any remedy available under the Loan Agreement or otherwise. 

  
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 15. Further Assurances. Borrower will take such other actions as Bank may
reasonably request from time to time to perfect or continue Bank’s security interests in Borrower’s property, and to accomplish the objectives of this Amendment. 

16. Consultation of Counsel. Borrower acknowledges that Borrower has had the opportunity to be represented by legal
counsel of its own choice throughout all of the negotiations that preceded the execution of this Amendment. Borrower has executed this Amendment after reviewing and understanding each provision of this Amendment and without reliance upon any promise
or representation of any person or persons acting for or on behalf of Bank. Borrower further acknowledges that Borrower and its counsel have had adequate opportunity to make whatever investigation or inquiry they may deem necessary or desirable in
connection with the subject matter of this Amendment prior to the execution hereof and the delivery and acceptance of the consideration described herein. 

17. Miscellaneous. 

17.1 Successors and Assigns. This Amendment shall be binding upon and shall inure to the benefit of Borrower and Bank
and their respective successors and assigns; provided, however, that the foregoing shall not authorize any assignment by Borrower of its rights or duties hereunder. 

17.2 Integration. This Amendment and any documents executed in connection herewith or pursuant hereto contain the
entire agreement between the parties with respect to the subject matter hereof and supersede all prior agreements, understandings, offers and negotiations, oral or written, with respect thereto and no extrinsic evidence whatsoever may be introduced
in any judicial or arbitration proceeding, if any, involving this Amendment; except that any financing statements or other agreements or instruments filed by Bank with respect to Borrower shall remain in full force and effect. 

17.3 Entire Agreement. This Amendment and the Loan Agreement contain the entire agreement of the parties hereto and
supersede any other oral or written agreements or understandings with respect to the subject matter hereof and thereof. 

17.4 Course of Dealing; Waivers. No course of dealing on the part of Bank or its officers, nor any failure or delay in
the exercise of any right by Bank, shall operate as a waiver thereof, and any single or partial exercise of any such right shall not preclude any later exercise of any such right. Bank’s failure at any time to require strict performance by
Borrower of any provision shall not affect any right of Bank thereafter to demand strict compliance and performance. Any suspension or waiver of a right must be in writing signed by an officer of Bank. 

17.5 Time is of the Essence. Time is of the essence as to each and every term and provision of this Amendment and the
other Loan Agreement. 
 17.6 Counterparts. This Amendment may be signed in counterparts and all of such counterparts
when properly executed by the appropriate parties thereto together shall serve as a fully executed document, binding upon the parties. 

17.7 Legal Effect. The Loan Agreement remain in full force and effect. If any provision of this Amendment conflicts
with applicable law, such provision shall be deemed severed from this Amendment, and the balance of this Amendment shall remain in full force and effect. 

17.8 WAIVER OF JURY. BANK AND BORROWER ACKNOWLEDGE AND AGREE THAT THE TIME AND EXPENSE REQUIRED FOR TRIAL BY JURY
EXCEED THE TIME AND EXPENSE REQUIRED FOR A BENCH TRIAL AND HEREBY WAIVE, TO THE EXTENT PERMITTED BY LAW, TRIAL BY JURY OF ANY CLAIM OR CAUSE OF ACTION BASED UPON, RELATED TO OR ARISING OUT OF THE TRANSACTIONS CONTEMPLATED BY THE LOAN AGREEMENT,
INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW OR STATUTORY CLAIMS. EACH PARTY RECOGNIZES AND AGREES THAT THE FOREGOING WAIVER CONSTITUTES A MATERIAL INDUCEMENT FOR IT TO ENTER INTO THIS AMENDMENT.

  
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EACH PARTY REPRESENTS AND WARRANTS THAT IT HAS REVIEWED THIS WAIVER WITH ITS LEGAL COUNSEL AND THAT IT KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL
COUNSEL. 
 18. Assignment and Indemnity. Borrower consents to Bank’s assignment of all or any part of
Bank’s rights under this Amendment and the Loan Agreement. Borrower shall indemnify and defend and hold Bank and any assignee of Bank’s interests harmless from any actions, costs, losses or expenses (including attorneys’ fees) arising
out of such assignment, this Amendment and the Loan Agreement. 
 [Balance of Page Intentionally Left Blank] 

  
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 IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the first
date above written. 
  

			
	 BIONANO GENOMICS, INC., a Delaware corporation

		
	 By:
	 	 /s/ Erik Holmlin

	 Name:
	 	 Erik Holmlin

	 Title:
	 	 Chief Executive Officer

	
	 WESTERN ALLIANCE BANK, an Arizona corporation

		
	 By:
	 	      

	 Name:
	 	
	 Title:
	 	

  
 [Signature Page to
Forbearance and Fourth Amendment to Loan and Security Agreement] 

 IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the first
date above written. 
  

			
	 BIONANO GENOMICS, INC., a Delaware corporation

		
	 By:
	 	      

	 Name:
	 	
	 Title:
	 	
	
	 WESTERN ALLIANCE BANK, an Arizona corporation

		
	 By:
	 	 /s/ Bill Wicklive

	 Name:
	 	 Bill Wicklive

	 Title:
	 	 VP, Director of Portfolio Mgmt

  
 [Signature Page to
Forbearance and Fourth Amendment to Loan and Security Agreement] 

 EXHIBIT A 
  

			
	 DEBTOR:
	    	 BIONANO GENOMICS, INC., a Delaware Corporation

		
	 SECURED PARTY:
	    	 WESTERN ALLIANCE BANK, an Arizona Corporation

		
		    	 COLLATERAL DESCRIPTION ATTACHMENT

		    	 TO LOAN AND SECURITY AGREEMENT

 All personal property of Borrower (herein referred to as “Borrower” or
“Debtor”) whether presently existing or hereafter created or acquired, and wherever located, including, but not limited to: 

(a) all accounts (including health-care-insurance receivables), chattel paper (including tangible and electronic chattel
paper), deposit accounts, documents (including negotiable documents), equipment (including all accessions and additions thereto), general intangibles (including payment intangibles and software), goods (including fixtures), instruments (including
promissory notes), inventory (including all goods held for sale or lease or to be furnished under a contract of service, and including returns and repossessions), investment property (including securities and securities entitlements), letter of
credit rights, money, and all of Debtor’s books and records with respect to any of the foregoing, and the computers and equipment containing said books and records; 

(b) any and all cash proceeds and/or noncash proceeds of any of the foregoing, including, without limitation, insurance
proceeds, and all supporting obligations and the security therefor or for any right to payment. All terms above have the meanings given to them in the California Uniform Commercial Code, as amended or supplemented from time to time. 

Notwithstanding the foregoing, the Collateral shall not include (i) more than 65% of the presently existing and hereafter
arising issued and outstanding shares of capital stock owned by Borrower of any Foreign Subsidiary which shares entitle the holder thereof to vote for directors or any other matter. or (ii) any property that is financed by a third party
permitted by clause (a) or (c) of the definition of “Permitted Liens” hereunder to the extent prohibited by the terms of such agreement, provided that upon the termination or lapse of any such prohibition, such property (and any
accessions, attachments, replacements or improvements thereon) shall be deemed to be Collateral hereunder and shall be subject to the security interest granted. 

Notwithstanding the foregoing, at all times after to the IP Release Event, the Collateral shall not include any Intellectual
Property (as defined in the Loan and Security Agreement dated as of March 8, 2016 between Debtor and Secured Party) now owned or hereafter acquired; provided, however, that the Collateral shall include (whether before or after the IP Release
Event at which time the security interest in Intellectual Property will have been released) all accounts and general intangibles that consist of rights to payment and proceeds from the sale, licensing or disposition of all or any part, or rights in,
the foregoing (the “Rights to Payment”). Notwithstanding the foregoing, if a judicial authority (including a U.S. Bankruptcy Court) holds that a security interest in the underlying Intellectual Property is necessary to have a security
interest in the Rights to Payment, then the Collateral shall automatically, and effective as of the Closing Date, include the Intellectual Property to the extent necessary to permit perfection of Bank’s security interest in the Rights to
Payment. 

 EXHIBIT D 

COMPLIANCE CERTIFICATE 
  

	 TO:         WESTERN
	 ALLIANCE BANK, an Arizona corporation 

 

	 FROM:    BIONANO
	 GENOMICS, INC. 

The undersigned authorized officer of BIONANO GENOMICS, INC. hereby certifies that in accordance with the terms and conditions
of the Loan and Security Agreement between Borrower and Bank (the “Agreement”), (i) Borrower is in complete compliance for the period ending
                     with all required covenants except as noted below and (ii) all representations and warranties of Borrower stated in
the Agreement are true and correct in all material respects as of the date hereof except as noted below; provided that those representations and warranties expressly referring to another date shall be true, correct and complete in all material
respects as of such date. Attached herewith are the required documents supporting the above certification. The Officer further certifies that these are prepared in accordance with Generally Accepted Accounting Principles (GAAP) and are consistently
applied from one period to the next except as explained in an accompanying letter or footnotes. 
 Please indicate compliance status by
circling Yes/No under “Complies” column. 
  

									
	 Reporting Covenant
	    	 Required
	  	
Complies

				
	 Annual financial statements (CPA
Audited)
	    	 FYE within 180 days
	  	Yes 	  	No
				
	 Monthly financial statements and 
Compliance Certificate
	    	 Prior to each Credit Extension, and monthly within 30 days
	  	Yes 	  	No
				
	 10K and 10Q
	    	 (as applicable)
	  	Yes 	  	No
				
	 Annual operating budget, sales projections and operating plans approved by board of directors
	    	 Annually no later than 45 days after the beginning of each fiscal year
	  	Yes 	  	No
				
	 Deposit balances with Bank
	    	
$                       
                       
	  		  	
	 Deposit balance outside Bank
	    	
$                       
                       
	  		  	
				
	 Financial Covenant
	    	 Required
	    	 Actual
	  	
Complies

	 Funding Milestones
	    	 Receipt of:
	    		  		  	
					
		    	 (i) $6,000,000 by no later than

February 12, 2018; (ii) an additional (and not cumulative with the dollar amount received that is applicable to satisfying sub-
	    	
$                       
 

$                       
 
	  	 Yes

Yes
	  	 No

No

		    	 clause (i) of this paragraph) $3,000,000 by no later than April 13, 2018; and (iii) an additional (and
not cumulative with the dollar amounts received that are applicable to sub-clauses (i) and of this paragraph) $12,000,000 by no later than June 30, 2018
	    	
$                       
 
	  	Yes	  	No
	 Minimum Cash with Bank
	    	 ratio of (i) minimum unrestricted

cash in accounts with Bank to (ii)

Indebtedness to Bank, of at least 0.75 to 1.00
	    	
                      
;
	  	Yes	  	No
		    	    	
                      

	  	 Yes
	  	 No

		    	    	  	  
	 Performance to Plan (monthly; T6M)
	    	  
 At least 75% of the projections

(see Exhibit C)
	    	               %
	  	Yes	  	No
		    	    	  	  

					
	 Comments Regarding Exceptions: See Attached.

 
 Sincerely,

 
	 		  	 BANK USE ONLY

 

Received by:             
                                         
                       

AUTHORIZED SIGNER

 

Date:               
                                         
                                 

 

Verified:               
                                         
                           

	 SIGNATURE
	 		  	 AUTHORIZED SIGNER

 

Date:               
                                         
                               

	 TITLE

 
	 		  	 
	 DATE
	 		  	
Compliance Status             
                       Yes                NoEX-10.20

 Exhibit 10.20 
  

 
 LEASE 

BETWEEN 
 THE IRVINE
COMPANY LLC 
 AND 

BIONANO GENOMICS, INC. 

 LEASE 

THIS LEASE is made as of the 16th day of January
, 20 12 , by and between THE IRVINE COMPANY LLC, a Delaware limited liability company, hereafter called “Landlord,” and BIONANO GENOMICS, INC., a Delaware corporation, hereafter called
“Tenant.” 
 ARTICLE 1. BASIC LEASE PROVISIONS 

Each reference in this Lease to the “Basic Lease Provisions” shall mean and refer to the following collective
terms, the application of which shall be governed by the provisions in the remaining Articles of this Lease. 
  

	 1.
	 Tenant’s Trade Name: N/A 

 

	 2.
	 Premises: Suite No. 100 

Address of Building: 9640 Towne Centre Drive, San Diego, CA 92121 

Project Description: Eastgate Technology Park 

(The Premises are more particularly described in Section 2.1). 

 

	 3.
	 Use of Premises: General office, research and development laboratory for life sciences and
manufacturing and distribution of related consumables and other ancillary uses and for no other use. 

  

	 4.
	 Estimated Commencement Date: 6/30/2012 

 

	 5.
	 Lease Term: 60 months, plus such additional days as may be required to cause this Lease to
expire on the final day of the calendar month. 

  

	 6.
	 Basic Rent: 

 

					
	 Months of Term

or Period
	  	 Monthly Rate Per Rentable

Square Foot
	  	 Monthly Basic Rent

(rounded to the nearest

dollar)

	 1 to 12
	  	$1.40	  	$23,250.00
	 13 to 24
	  	$1.46	  	$24,246.00
	 25 to 36
	  	$1.53	  	$25,409.00
	 37 to 48
	  	$1.60	  	$26,571.00
	 49 to 60
	  	$1.67	  	$27,734.00

 Notwithstanding the above schedule of Basic Rent to the contrary, as long as Tenant is not in
Default (as defined in Section 14.1) under this Lease, Tenant shall be entitled to an abatement of 5 full calendar months of Basic Rent in the aggregate amount of $116,250.00 (i.e. $23,250.00 per month) (the “Abated Basic
Rent”) for the 2nd through 6th full calendar months of the Term (the “Abatement Period”). In the event Tenant
Defaults at any time during the Term and this Lease is terminated, all unamortized Abated Basic Rent shall immediately become due and payable. The payment by Tenant of the Abated Basic Rent in the event of a Default shall not limit or affect any of
Landlord’s other rights, pursuant to this Lease or at law or in equity. Only Basic Rent shall be abated during the Abatement Period and all other additional rent and other costs and charges specified in this Lease shall remain as due and
payable pursuant to the provisions of this Lease. 
  

	 7.
	 Expense Recovery Period: Every twelve month period during the Term (or portion thereof during the first
and last Lease years) ending June 30, 2012. 

  

	 8.
	 Floor Area of Premises: approximately 16,607 rentable square feet 

Floor Area of Building: approximately 34,612 rentable square feet 

 

	 9.
	 Letter of Credit: $ 150,000.00, as more fully described in Section 4.3 

 

	 10.
	 Broker(s): Irvine Realty Company (“Landlord’s Broker”) and Hughes Marino
(“Tenant’s Broker”) 

  

	 11.
	 Parking: 60 parking spaces in accordance with the provisions set forth in Exhibit F to this
Lease. 

  
 1. 

	 12.
	 Address for Payments and Notices: 

 

			
		
	 LANDLORD
	  	 TENANT

		
	 Payment Address:

 
	  	
	 THE IRVINE COMPANY LLC

Department #0288

Los Angeles, CA 90084-0288

 
 Notice Address:

 
 THE IRVINE COMPANY
LLC
 550 Newport Center Drive

Newport Beach, CA 92660

Attn:  Senior Vice President, Property Operations

       Irvine Office Properties

 
 with a copy of
notices to:
  
 The
Irvine Company LLC
 9191 Towne Center Drive, Suite 170

San Diego, CA, 92122

Attn:Property Manager
	  	 BIONANO GENOMICS, INC.

9640 Towne Centre Drive, Suite 100

San Diego, CA 92121

Attn: Garth Monroe, Vice President & CFO

T: (858) 888-7616

 LIST OF LEASE EXHIBITS (All exhibits, riders and addenda attached to this Lease are hereby incorporated
into and made a part of this Lease): 
  

			
	 Exhibit A
	 	 Description of Premises

	 Exhibit B
	 	 Operating Expenses

	 Exhibit C
	 	 Utilities and Services

	 Exhibit D
	 	 Tenant’s Insurance

	 Exhibit E
	 	 Rules and Regulations

	 Exhibit F
	 	 Parking

	 Exhibit G
	 	 Additional Provisions

	 Exhibit H
	 	 Hazardous Materials Disclosure Statement

	 Exhibit I
	 	 Letter of Credit Template

	 Exhibit J
	 	 Survey Form

	 Exhibit X
	 	 Work Letter

	 Exhibit Y
	 	 Project Description

  
 2. 

 ARTICLE 2. PREMISES 

2.1 LEASED PREMISES. Landlord leases to Tenant and Tenant leases from Landlord the Premises shown in Exhibit
A (the “Premises”), containing approximately the floor area set forth in Item 8 of the Basic Lease Provisions (the “Floor Area”). The Premises are located in the building identified in Item 2 of the Basic Lease
Provisions (the “Building”), which is a portion of the project described in Item 2 (the “Project”). Landlord and Tenant stipulate and agree that the Floor Area of Premises set forth in Item 8 of the Basic Lease
Provisions is correct. 
 2.2 ACCEPTANCE OF PREMISES. Landlord shall deliver the Premises to tenant with all
interior glass, doors, door closures, hardware, fixtures, electrical, plumbing, life-safety and HVAC in good working order, condition and repair. Tenant acknowledges that neither Landlord nor any representative of Landlord has made any
representation or warranty with respect to the Premises, the Building or the Project or the suitability or fitness of either for any purpose, except as set forth in this Lease. Tenant acknowledges that the flooring materials which may be installed
within portions of the Premises located on the ground floor of the Building may be limited by the moisture content of the Building slab and underlying soils. The taking of possession or use of the Premises by Tenant for any purpose other than
construction shall conclusively establish that the Premises and the Building were in satisfactory condition and in conformity with the provisions of this Lease in all respects, except for those matters which Tenant shall have brought to
Landlord‘s attention on a written punch list. The punch list shall be limited to any items required to (a) comply with the requirements set forth in the first sentence of this Section 2.2, and (b) be accomplished by Landlord under the
Work Letter (if any) attached as Exhibit X, and shall be delivered to Landlord within 30 days after the Commencement Date (as defined herein). If no punch list items are required of Landlord, by taking possession of the Premises Tenant
accepts the improvements in their existing condition, and waives any right or claim against Landlord arising out of the condition of the Premises. Nothing contained in this Section 2.2 shall affect the commencement of the Term or the obligation
of Tenant to pay rent. Landlord shall, at its sole cost and expense (and not as Operating Expense), diligently complete all punch list items of which it is notified as provided above. 

2.3 LATENT DEFECTS. Landlord shall be responsible for latent defects in the Tenant Improvements of which Tenant
notifies Landlord to the extent that the correction of such defects is covered under valid and enforceable warranties given Landlord by contractors or subcontractors performing the Tenant Improvements. Landlord, at its option, may pursue such claims
directly or assign any such warranties to Tenant for enforcement. 
 ARTICLE 3. TERM 

3.1 GENERAL. The term of this Lease (“Term”) shall be for the period shown in Item 5 of the
Basic Lease Provisions. The Term shall commence (“Commencement Date”) on the earlier of (a) the date the Premises are deemed “ready for occupancy” (as hereinafter defined) and possession thereof is delivered to
Tenant, or (b) the date Tenant commences its business activities within the Premises. Promptly following request by Landlord, the parties shall memorialize on a form provided by Landlord (the “Commencement Memorandum”) the
actual Commencement Date and the expiration date (“Expiration Date”) of this Lease; should Tenant fail to execute and return the Commencement Memorandum to Landlord within 5 business days (or provide specific written objections
thereto within that period), then Landlord’s determination of the Commencement and Expiration Dates as set forth in the Commencement Memorandum shall be conclusive. The Premises shall be deemed “ready for occupancy” when Landlord, to
the extent applicable, has (i) substantially completed all the work required to be completed by Landlord pursuant to the Work Letter (if any) attached to this Lease and complied with requirements set forth in Section 2.2 above but for
minor punch list matters, and has obtained the requisite governmental approvals for Tenant’s occupancy in connection with such work, (ii) has provided reasonable access to the Premises for Tenant so that the Premises may be used without
unreasonable interference, and (iii) has put into operation all building services required to be provided by Landlord under this Lease and essential for the use of the Premises by Tenant. Notwithstanding anything to the contrary in this Lease,
in no event shall the Commencement Date occur prior to the Estimated Commencement Date. 
 3.2 DELAY IN
POSSESSION. If Landlord, for any reason whatsoever, cannot deliver possession of the Premises to Tenant on or before the Estimated Commencement Date set forth in Item 4 of the Basic Lease Provisions, this Lease shall not be void or voidable nor
shall Landlord be liable to Tenant for any resulting loss or damage. However, Tenant shall not be liable for any rent until the Commencement Date occurs as provided in Section 3.1 above, except that if Landlord’s failure to substantially
complete all work required of Landlord pursuant to Section 3.1(i) above is attributable to any Tenant Delay described in the Work Letter, if any, attached to this Lease, then the Premises shall be deemed ready for occupancy, and Landlord shall
be entitled to full performance by Tenant (including the payment of rent), as of the date Landlord would have been able to substantially complete such work and deliver the Premises to Tenant but for Tenant’s delay(s); provided, however, that in
no event shall the Commencement Date be deemed to have occurred prior to the Estimated Commencement Date. 
 ARTICLE 4. RENT AND
OPERATING EXPENSES 
 4.1 BASIC RENT. From and after the Commencement Date, Tenant shall pay to Landlord
without deduction or offset (except as expressly set forth in this Lease) a Basic Rent for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions (the “Basic Rent”).
If the Commencement Date is other than the first day of a calendar month, any rental adjustment shown in Item 6 shall be deemed to occur on the first day of the next calendar month following 

  
 3. 

 the specified monthly anniversary of the Commencement Date. The Basic Rent shall be due and
payable in advance commencing on the Commencement Date and continuing thereafter on the first day of each successive calendar month of the Term, as prorated for any partial month. No demand, notice or invoice shall be required. An installment in the
amount of 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent first
due hereunder; the next installment of Basic Rent shall be due on the first day of the seventh (7th) calendar month of the Term, which installment shall, if applicable, be appropriately prorated
to reflect the amount prepaid for that calendar month. 
 4.2 OPERATING EXPENSES. Tenant shall pay
Tenant’s Share of Operating Expenses in accordance with Exhibit B of this Lease. 
 4.3 LETTER OF
CREDIT. Tenant shall deliver to Landlord, concurrently with Tenant’s execution of this Lease, a letter of credit in the amount stated in Item 9 of the Basic Lease Provisions, which letter of credit shall be in form and with the substance of
Exhibit I attached hereto. The letter of credit shall be issued by Square 1 Bank. The letter of credit shall provide for automatic yearly renewals throughout the Term of this Lease and shall have an outside expiration date (if any) that is
not earlier than thirty (30) days after the expiration of the Lease Term. In the event the letter of credit is not continuously renewed through the period set forth above, or upon any breach under this Lease by Tenant, including specifically
Tenant’s failure to pay Rent or to abide by its obligations under Sections 7.1 and 15.2 below, Landlord shall be entitled to draw upon said letter of credit by the issuance of Landlord’s sole written demand to the issuing financial
institution. Any such draw shall be without waiver of any rights Landlord may have under this Lease or at law or in equity as a result of any Default hereunder by Tenant. 

Subject to the remaining terms of this Section 4.3, and provided that, (i) during the 12 month period immediately
preceding the effective date of any reduction of the letter of credit, no monetary Default has occurred under this Lease which remains uncured following any applicable cure period and (ii) Tenant is successful with estimated “Round C”
funding and provides written evidence thereof, Tenant shall have the right to reduce the amount of the letter of credit so that the new amount will be $30,507.00. However, notwithstanding anything to the contrary contained herein, if Tenant has been
in monetary Default under this Lease at any time prior to the effective date of any reduction of the letter of credit and Tenant has failed to cure such Defaults within any applicable cure period, then Tenant shall have no further right to reduce
the amount of the letter of credit as described herein. 
 If Tenant is entitled to a reduction in the letter of credit, Tenant shall
provide Landlord with written notice requesting that the letter of credit be reduced as provided above (the “Security Reduction Notice”). If Tenant provides Landlord with a Security Reduction Notice, and Tenant is entitled to reduce
the letter of credit as provided herein, Tenant shall promptly provide Landlord with an amendment to the letter of credit in the reduced amount. 

ARTICLE 5. USES 

5.1 USE. Tenant shall use the Premises only for the purposes stated in Item 3 of the Basic Lease Provisions and
for no other use whatsoever. The uses prohibited under this Lease shall include, without limitation, use of the Premises or a portion thereof for (i) offices of any agency or bureau of the United States or any state or political subdivision
thereof; (ii) offices or agencies of any foreign governmental or political subdivision thereof; or (iii) schools, temporary employment agencies or other training facilities which are not ancillary to corporate, executive or professional
office use. Tenant shall not do or permit anything to be done in or about the Premises which will in any way unreasonably interfere with the rights or quiet enjoyment of other occupants of the Building or the Project, or use or allow the Premises to
be used for any unlawful purpose, nor shall Tenant permit any nuisance or commit any waste in the Premises or the Project. Tenant shall not perform any work or conduct any business whatsoever in the Project other than inside the premises. Tenant
shall comply at its expense with all present and future laws, ordinances and requirements of all governmental authorities that pertain to Tenant or its use of the Premises. 

5.2 SIGNS. Except for Landlord’s standard suite signage identifying Tenant’s name and/or logo and
except as otherwise provided in Exhibit G below, Tenant shall have no right to maintain signs in any location in, on or about the Premises, the Building or the Project and shall not place or erect any signs that are visible from the exterior
of the Building. The size, design, graphics, material, style, color and other physical aspects of any permitted sign shall be subject to Landlord’s written determination, as determined solely by Landlord, prior to installation, that signage is
in compliance with any covenants, conditions or restrictions encumbering the Premises and Landlord’s signage program for the Project, as in effect from time to time and approved by the City in which the Premises are located (“Signage
Criteria”). Prior to placing or erecting any such signs, Tenant shall obtain and deliver to Landlord a copy of any applicable municipal or other governmental permits and approvals, except to Landlord’s standard suite signage. Tenant
shall be responsible for all costs of any permitted sign, including, without limitation, the fabrication, installation, maintenance and removal thereof and the cost of any permits therefor, except that Landlord shall pay for the initial installation
costs only of the standard suite signage. If Tenant fails to maintain its sign in good condition, or if Tenant fails to remove same upon termination of this Lease and repair and restore any damage caused by the sign or its removal, Landlord may do
so at Tenant’s expense. Landlord shall have the right to temporarily remove any signs in connection with any repairs or maintenance in or upon the Building; provided that Landlord shall use commercially reasonable efforts to minimize the amount
of time that Tenant’s sign is obstructed and/or removed. The term “sign” as used in 

  
 4. 

 this Section shall include all signs, designs, monuments, displays, advertising materials, logos,
banners, projected images, pennants, decals, pictures, notices, lettering, numerals or graphics. 
 5.3 HAZARDOUS
MATERIALS. 
 (a) For purposes of this Lease, the term “Hazardous Materials” means (i) any
“hazardous material” as defined in Section 25501(0) of the California Health and Safety Code, (ii) hydrocarbons, polychlorinated biphenyls or asbestos, (iii) any toxic or hazardous materials, substances, wastes or materials
as defined pursuant to any other applicable state, federal or local law or regulation, and (iv) any other substance or matter which may result in liability to any person or entity as a result of such person’s possession, use, storage,
release or distribution of such substance or matter under any statutory or common law theory. 
 (b) Tenant shall not cause
or permit any Hazardous Materials to be brought upon, stored, used, generated, released or disposed of on, under, from or about the Premises (including without limitation the soil and groundwater thereunder) without the prior written consent of
Landlord, which consent may be given or withheld in Landlord’s sole and absolute discretion. Notwithstanding the foregoing, Tenant shall have the right, without obtaining prior written consent of Landlord, to utilize within the Premises a
reasonable quantity of standard office products that may contain Hazardous Materials (such as photocopy toner, “White Out”, and the like), provided however, that (i) Tenant shall maintain such products in their original
retail packaging, shall follow all instructions on such packaging with respect to the storage, use and disposal of such products, and shall otherwise comply with all applicable laws with respect to such products, and (ii) all of the other terms
and provisions of this Section 5.3 shall apply with respect to Tenant’s storage, use and disposal of all such products. Landlord may, in its sole and reasonable discretion, place such conditions as Landlord deems appropriate with respect
to Tenant’s use, storage and/or disposal of any Hazardous Materials requiring Landlord’s consent. Tenant understands that Landlord may utilize an environmental consultant to assist in determining conditions of approval in connection with
the storage, use, release, and/or disposal of Hazardous Materials by Tenant on or about the Premises, and/or to conduct periodic inspections of the storage, generation, use, release and/or disposal of such Hazardous Materials by Tenant on and from
the Premises, and Tenant agrees that any costs incurred by Landlord in connection therewith shall be reimbursed by Tenant to Landlord as additional rent hereunder upon demand. 

(c) Prior to the execution of this Lease, Tenant shall complete, execute and deliver to Landlord a Hazardous Material Survey
Form (the “Survey Form”) in the form of Exhibit J attached hereto. Landlord hereby pre-approves the Hazardous Material Form submitted by Tenant on January 9, 2012 and the use of
the Hazardous Materials in the Premises described therein. The completed Survey Form shall be deemed incorporated into this Lease for all purposes, and Landlord shall be entitled to rely fully on the information contained therein. On each
anniversary of the Commencement Date until the expiration or sooner termination of this Lease, Tenant shall disclose to Landlord in writing the names and amounts of all Hazardous Materials which were stored, generated, used, released and/or disposed
of on, under or about the Premises for the twelve-month period prior thereto, and which Tenant reasonably expects to store, generate, use, release and/or dispose of on, under or about the Premises for the succeeding
twelve-month period. In addition, to the extent Tenant is permitted to utilize Hazardous Materials upon the Premises, Tenant shall promptly provide Landlord with complete and legible copies of all the
following environmental documents relating thereto: reports filed pursuant to any self-reporting requirements; permit applications, permits, monitoring reports, emergency response or action plans, workplace exposure and community exposure warnings
or notices and all other reports, disclosures, plans or documents (even those which may be characterized as confidential) relating to water discharges, air pollution, waste generation or disposal, and underground storage tanks for Hazardous
Materials; orders, reports, notices, listings and Correspondence (even those which may be considered confidential) of or concerning the release, investigation, compliance, cleanup, remedial and corrective actions, and abatement of Hazardous
Materials; and all complaints, pleadings and other legal documents filed by or against Tenant related to Tenant’s storage, generation, use, release and/or disposal of Hazardous Materials. 

(d) Landlord and its agents shall have the right, but not the obligation, to inspect, sample and/or monitor the Premises
and/or the soil or groundwater thereunder at any time to determine whether Tenant is complying with the terms of this Section 5.3, and in connection therewith Tenant shall provide Landlord with full access to all facilities, records and
personnel related thereto. If Tenant is not in compliance with any of the provisions of this Section 5.3, or in the event of a release of any Hazardous Material on, under, from or about the Premises caused or permitted by Tenant, its agents,
employees, contractors, licensees, subtenants or invitees, Landlord and its agents shall have the right, but not the obligation, without limitation upon any of Landlord’s other rights and remedies under this Lease, to immediately enter upon the
Premises without notice and to discharge Tenant’s obligations under this Section 5.3 at Tenant’s expense, including without limitation the taking of emergency or long-term remedial action. Landlord and its agents shall endeavor to
minimize interference with Tenant’s business in connection therewith, but shall not be liable for any such interference. In addition, Landlord, at Tenant’s expense, shall have the right, but not the obligation, to join and participate in
any legal proceedings or actions initiated in connection with any claims arising out of the storage, generation, use, release and/or disposal by Tenant or its agents, employees, contractors, licensees, subtenants or invitees of Hazardous Materials
on, under, from or about the Premises. 
 (e) If the presence of any Hazardous Materials on, under, from or about the
Premises or the Project caused by Tenant or its agents, employees, contractors, licensees, subtenants or invitees results 

  
 5. 

 
in (i) injury to any person, (ii) injury to or any contamination of the Premises or the Project, or (iii) injury to or contamination of any real or personal property wherever
situated, Tenant, at its expense, shall promptly take all actions necessary to return the Premises and the Project and any other affected real or personal property owned by Landlord to the condition existing prior to the introduction of such
Hazardous Materials and to remedy or repair any such injury or contamination, including without limitation, any cleanup, remediation, removal, disposal, neutralization or other treatment of any such Hazardous Materials. Notwithstanding the
foregoing, Tenant shall not, without Landlord’s prior written consent, which consent may be given or withheld in Landlord’s sole and absolute discretion, take any remedial action in response to the presence of any Hazardous Materials on,
under, from or about the Premises or the Project or any other affected real or personal property owned by Landlord or enter into any similar agreement, consent, decree or other compromise with any governmental agency with respect to any Hazardous
Materials claims; provided however, Landlord’s prior written consent shall not be necessary in the event that the presence of Hazardous Materials on, under, from or about the Premises or the Project or any other affected real or personal
property owned by Landlord (i) imposes an immediate threat to the health, safety or welfare of any individual and (ii) is of such a nature that an immediate remedial response is necessary and it is not possible to obtain Landlord’s
consent before taking such action. To the fullest extent permitted by law, Tenant shall indemnify, hold harmless, protect and defend (with attorneys acceptable to Landlord) Landlord and any successors to all or any portion of Landlord’s
interest in the Premises and the Project and any other real or personal property owned by Landlord from and against any and all liabilities, losses, damages, diminution in value, judgments, fines, demands, claims, recoveries, deficiencies, costs and
expenses (including without limitation attorneys’ fees, court costs and other professional expenses), whether foreseeable or unforeseeable, arising directly or indirectly out of the use, generation, storage, treatment, release, on- or off-site disposal or transportation of Hazardous Materials on, into, from, under or about the Premises, the Building or the Project and any other real or personal
property owned by Landlord to the extent caused by Tenant, its agents, employees, contractors, licensees, subtenants or invitees. Such indemnity obligation shall specifically include, without limitation, the cost of any required or necessary repair,
restoration, cleanup or detoxification of the Premises, the Building and the Project and any other real or personal property owned by Landlord, the preparation of any closure or other required plans, whether such action is required or necessary
during the Term or after the expiration of this Lease and any loss of rental due to the inability to lease the Premises or any portion of the Building or Project as a result of such Hazardous Materials, the remediation thereof or any repair,
restoration or cleanup related thereto. If it is at any time discovered that Tenant or its agents, employees, contractors, licensees, subtenants or invitees may have caused the release of any Hazardous Materials on, under, from or about the
Premises, the Building or the Project or any other real or personal property owned by Landlord, Tenant shall, at Landlord’s request, immediately prepare and submit to Landlord a comprehensive plan, subject to Landlord’s approval,
specifying the actions to be taken by Tenant to return the Premises, the Building or the Project or any other real or personal property owned by Landlord to the condition existing prior to the introduction of such Hazardous Materials. Upon
Landlord’s approval of such plan, Tenant shall, at its expense, and without limitation of any rights and remedies of Landlord under this Lease or at law or in equity, immediately implement such plan and proceed to cleanup, remediate and/or
remove all such Hazardous Materials in accordance with all applicable laws and as required by such plan and this Lease. The provisions of this Section 5.3(e) shall expressly survive the expiration or sooner termination of this Lease. 

(f) Landlord hereby discloses to Tenant, and Tenant hereby acknowledges, certain facts relating to Hazardous Materials at the
Project known by Landlord to exist as of the date of this Lease, as more particularly described in Exhibit H attached hereto (together with any other Hazardous Materials existing at the Project as of the Commencement Date, “Pre-Existing Hazardous Materials”). Tenant shall have no liability or responsibility with respect to the Hazardous Materials facts described in Exhibit H, nor with respect to any Hazardous Materials
which Tenant proves were not caused by Tenant, its |agents, employees, contractors, licensees, subtenants or invitees. Notwithstanding the preceding two sentences, Tenant agrees to notify its agents, employees, contractors, licensees, subtenants,
and invitees of any exposure or potential exposure to Hazardous Materials at the Premises that Landlord brings to Tenant’s attention. Tenant hereby acknowledges that this disclosure satisfies any obligation of Landlord to Tenant pursuant to
California Health & Safety Code Section 25359.7, or any amendment or substitute thereto or any other disclosure obligations of Landlord. Landlord shall indemnify, protect and hold Tenant harmless from and against any and all
liabilities, losses, damages, judgments, fines, demands, claims, recoveries, deficiencies, costs and expenses (including without limitation attorneys’ fees, court costs and other professional expenses), whether foreseeable or unforeseeable,
arising directly or indirectly out of any Pre-Existing Hazardous Materials. 
 ARTICLE 6. LANDLORD
SERVICES 
 6.1 UTILITIES AND SERVICES. Landlord and Tenant shall be responsible to furnish those
utilities and services to the Premises to the extent provided in Exhibit C, subject to the conditions and payment obligations and standards set forth in this Lease. Landlord shall not be liable for any failure to furnish any services or
utilities when the failure is the result of any accident or other cause beyond Landlord’s reasonable control, nor shall Landlord be liable for damages resulting from power surges or any breakdown in telecommunications facilities or services.
Landlord’s temporary inability to furnish any services or utilities shall not entitle Tenant to any damages, relieve Tenant of the obligation to pay rent or constitute a constructive or other eviction of Tenant, except that Landlord shall
diligently attempt to restore the service or utility promptly. Tenant shall comply with all rules and regulations which Landlord may reasonably establish for the provision of services and utilities, and shall cooperate with all reasonable
conservation practices established by Landlord. Landlord shall at all reasonable times have free access to all electrical and mechanical installations of Landlord. In the event that Tenant is 

  
 6. 

 prevented from using, and does not use, the Premises or any portion thereof as a result of
(i) any repair, maintenance, alteration or other work performed by Landlord (including those required or permitted by Landlord hereunder), or which Landlord failed to perform, after the Commencement Date and required by this Lease, which
substantially interferes with Tenant’s use of or ingress to or egress from the Building, the Building parking facility or the Premises, (ii) any failure to provide the services, utilities, or the use of or ingress to and egress from the
Building, the Building parking facility or the Premises, required by this Lease, or (iii) the presence of Hazardous Materials (not brought onto the Premises or into the Building by Tenant, its employees, agents or contractors) in violation of
applicable law which is required to be remediated, abated, mitigated and/or removed in accordance with applicable law (any such set of circumstances as set forth in items (i), (ii) or (iii) above, to be known as an “Abatement
Event”), then Tenant shall give Landlord written notice of such Abatement Event, and, if such Abatement Event continues for 5 consecutive business days, or 10 non-consecutive business days in any
twelve (12) month period, after Landlord’s receipt of any such notice (the “Eligibility Period”), then, so long as the cause for the Abatement Event was within the reasonable control of Landlord, rent (including Monthly
Installments of Basic Rent, rent adjustments pursuant to Article 4 above and parking charges) (“Rent”) shall be abated or reduced, as the case may be, after the expiration of the Eligibility Period, for such time that such Abatement
Event continues (the “Abatement Period”), in the proportion that the rentable area of the portion of the Premises that Tenant is prevented from using, and does not use, bears to the total rentable area of the Premises; provided,
however, that in the event that Tenant is prevented from using, and does not use, a portion of the Premises for a period of time in excess of the Eligibility Period and the remaining portion of the Premises is not sufficient to allow Tenant to
effectively conduct its business therein, and if Tenant does not conduct its business from such remaining portion, then, so long as the cause for the Abatement Event was within the reasonable control of Landlord, for such time after the expiration
of the Eligibility Period during which Tenant is so prevented from effectively conducting its business therein, the Rent for the entire Premises shall be abated for such time as Tenant continues to be so prevented from using, and does not use, the
Premises. If, however, Tenant reoccupies any portion of the Premises during the Abatement Period, the Rent allocable to such reoccupied portion, based on the proportion that the rentable area of such reoccupied portion of the Premises bears to the
total rentable area of the Premises, shall be payable by Tenant to Landlord from the date Tenant reoccupies such portion of the Premises. To the extent Tenant is entitled to abatement without regard to the Eligibility Period because of an event
described in Sections 11 or 12 of this Lease, then the Eligibility Period shall not be applicable. 
 Notwithstanding
anything to the contrary in this Lease, Tenant shall have access to the Premises twenty-four (24) hours per day, seven (7) days per week. 

6.2 OPERATION AND MAINTENANCE OF COMMON AREAS. During the Term, Landlord shall operate all Common Areas within
the Building and the Project. The term “Common Areas” shall mean all areas within the Building and other buildings in the Project which are not held for exclusive use by persons entitled to occupy space, including without limitation
parking areas and structures, driveways, sidewalks, landscaped and planted areas, hallways and interior stairwells not located within the premises of any tenant, common electrical rooms, entrances and lobbies, elevators, and restrooms not located
within the premises of any tenant. 
 6.3 USE OF COMMON AREAS. The occupancy by Tenant of the Premises shall
include the use of the Common Areas in common with Landlord and with all others for whose convenience and use the Common Areas may be provided by Landlord, subject, however, to compliance with Rules and Regulations described in Article 17 below.
Landlord shall at all times during the Term have exclusive control of the Common Areas, and may restrain or permit any use or occupancy, except as otherwise provided in this Lease or in Landlord’s rules and regulations. Tenant shall keep the
Common Areas clear of any obstruction or unauthorized use related to Tenant’s operations. Landlord may temporarily close any portion of the Common Areas for repairs, remodeling and/or alterations, to prevent a public dedication or the accrual
of prescriptive rights, or for any other reasonable purpose. Landlord’s temporary closure of any portion of the Common Areas for such purposes shall not deprive Tenant of reasonable access to the Premises, and Landlord shall use commercially
reasonable efforts to minimize interference with Tenant’s business operations in the Premises. 
 6.4 CHANGES
AND ADDITIONS BY LANDLORD. Landlord reserves the right to make alterations or additions to the Building or the Project or to the attendant fixtures, equipment and Common Areas, and such change shall not entitle Tenant to any abatement of rent or
other claim against Landlord. No such change shall deprive Tenant of reasonable access to or use of the Premises, and Landlord shall use commercially reasonable efforts to minimize interference with Tenant’s business operations in the Premises.

 ARTICLE 7. REPAIRS AND MAINTENANCE 

7.1 TENANT’S MAINTENANCE AND REPAIR. Subject to Articles 11 and 12, Tenant at its sole expense shall make
all repairs necessary to keep the Premises and all improvements and fixtures therein in good condition and repair, excepting ordinary wear and tear. Notwithstanding Section 7.2 below, Tenant’s maintenance obligation shall include without
limitation all appliances, interior glass, doors, door closures, hardware, fixtures, electrical, plumbing, fire extinguisher equipment and other equipment installed in the Premises and all Alterations constructed by Tenant pursuant to
Section 7.3 below, together with any supplemental HVAC equipment servicing only the Premises. All repairs and other work performed by Tenant or its contractors shall be subject to the terms of Sections 7.3 and 7.4 below. Alternatively, should
Landlord or its management agent agree to make a repair on behalf of Tenant and at Tenant’s request, Tenant shall promptly reimburse Landlord as additional rent for all reasonable costs 

  
 7. 

 
incurred (including the standard supervision fee not to exceed five percent (5%)) upon submission of an invoice. 

7.2 LANDLORD’S MAINTENANCE AND REPAIR. Subject to Articles 11 and 12, Landlord shall provide service,
maintenance and repair with respect to the heating, ventilating and air conditioning (“HVAC”) equipment of the Building (exclusive of any supplemental HVAC equipment servicing only the Premises) and shall maintain in good repair the
Common Areas, roof, foundations, footings, the exterior surfaces of the exterior walls of the Building (including exterior glass), and the structural, electrical, mechanical, life safety/sprinkler and plumbing systems of the Building (including
elevators, if any, serving the Building), except to the event provided in Section 7.1 above. Landlord need not make any other improvements or repairs except as specifically required under this Lease, and nothing contained in this
Section 7.2 shall limit Landlord’s right to reimbursement from Tenant for maintenance, repair costs and replacement costs as provided elsewhere in this Lease. Notwithstanding any provision of the California Civil Code or any similar or
successor laws to the contrary, Tenant understands that it shall not make repairs at Landlord’s expense or by rental offset. Except as provided in this Lease (including without limitation Section 6.1 above and Section 11.1 and Article
12 below, there shall be no abatement of rent and no liability of Landlord by reason of any injury to or interference with Tenant’s business arising from the making of any repairs, alterations or improvements to any portion of the Building,
including repairs to the Premises, nor shall any related activity by Landlord constitute an actual or constructive eviction; provided, however, that in making repairs, alterations or improvements, Landlord shall interfere as little as reasonably
practicable with the conduct of Tenant’s business in the Premises. Tenant hereby waives any and all rights under and benefits of subsection 1 of Section 1932, and Sections 1941 and 1942 of the California Civil Code, or any similar or
successor laws now or hereafter in effect. 
 7.3 ALTERATIONS. Except for cosmetic alteration projects that do
not exceed $20,000.00 during any 12 month period and that satisfy the criteria in the next following sentence (which projects shall require that Tenant provide Landlord with notice but which projects will not require Landlord’s consent), Tenant
shall make no alterations, additions, decorations, or improvements (collectively referred to as “Alterations”) to the Premises without the prior written consent of Landlord. Landlord’s consent shall not be unreasonably withheld
as long as the proposed Alterations do not affect the structural, electrical or mechanical components or systems of the Building, are not visible from the exterior of the Premises, do not change the basic floor plan of the Premises, and utilize only
Landlord’s building standard materials (“Standard Improvements”). Landlord may impose, as a condition to its consent, any requirements that Landlord in its discretion may deem reasonable or desirable. Without limiting the
generality of the foregoing, Tenant shall use Landlord’s designated mechanical and electrical contractors for all Alterations work affecting the mechanical or electrical systems of the Building. Should Tenant perform any Alterations work that
would necessitate any ancillary Building modification or other expenditure by Landlord, then Tenant shall promptly fund the cost thereof to Landlord. Tenant shall obtain all required permits for the Alterations and shall perform the work in
compliance with all applicable laws, regulations and ordinances with contractors reasonably acceptable to Landlord, and except for cosmetic Alterations not requiring a permit, Landlord shall be entitled to a supervision fee in the amount of 3% of
the cost of the Alterations. Any request for Landlord’s consent shall be made in writing and shall contain architectural plans describing the work in detail reasonably satisfactory to Landlord. Landlord may elect to cause its architect to
review Tenant’s architectural plans, and the reasonable cost of that review shall be reimbursed by Tenant. Should the Alterations proposed by Tenant and consented to by Landlord change the floor plan of the Premises, then Tenant shall, at its
expense, furnish Landlord with as-built drawings and CAD disks compatible with Landlord’s systems. Alterations shall be constructed in a good and workmanlike manner using materials of a quality reasonably
approved by Landlord Unless Landlord otherwise agrees in writing, alI Alterations affixed to the Premises, including without limitation all Tenant Improvements constructed pursuant to the Work Letter (except as otherwise provided in the Work
Letter), but excluding moveable trade fixtures and furniture, shall become the property of Landlord and shall be surrendered with the Premises at the end of the Term, except that Landlord may, by notice to Tenant given at the time of Landlords’
consent to such Alterations (or, with respect to those Alterations not requiring Landlord’s consent, within 10 days of Landlord’s receipt of notice concerning such Alterations), require Tenant to remove by the Expiration Date, or sooner
termination date of this Lease, all or any Alterations (including without limitation all telephone and data cabling) installed either by Tenant or by Landlord at Tenant’s request but specifically excluding the Tenant Improvements constructed
pursuant to the Work Letter which Tenant shall not be required to remove (collectively, the “Required Removables”), and to replace any non-Standard Improvements with the applicable Standard
Improvements. Tenant, at the time it requests approval for a proposed Alteration, may request in writing that Landlord advise Tenant whether the Alteration or any portion thereof, is a Required Removable. At the time of Landlord’s consent and
within 10 days after receipt of Tenant’s request, Landlord shall advise Tenant in writing as to which portions of the subject Alterations are Required Removables. In connection with its removal of Required Removables, Tenant shall repair any
damage to the Premises arising from that removal and shall restore the affected area to its pre-existing condition, reasonable wear and tear excepted. 

7.4 MECHANIC’S LIENS. Tenant shall keep the Premises free from any liens arising out of any work performed,
materials furnished, or obligations incurred by or for Tenant. Upon request by Landlord, Tenant shall promptly cause any such lien to be released by posting a bond in accordance with California Civil Code Section 3143 or any successor statute.
In the event that Tenant shall not, within 15 days following the imposition of any lien, cause the lien to be released of record by payment or posting of a proper bond, Landlord shall have, in addition to all other available remedies, the right to
cause the lien to be released by any means it deems proper, including payment of or defense against the claim giving rise to the lien. All expenses so incurred by Landlord, including Landlord’s attorneys’ fees, shall be 

  
 8. 

 reimbursed by Tenant promptly following Landlord’s demand, together with interest
from the date of payment by Landlord at the maximum rate permitted by law until paid. Tenant shall give Landlord no less than 20 days’ prior notice in writing before commencing construction of any kind on the Premises. 

7.5 ENTRY AND INSPECTION. Landlord shall at all reasonable times have the right to enter the Premises to inspect
them, to supply services in accordance with this Lease, to make repairs and renovations as reasonably deemed necessary by Landlord, and to submit the Premises to prospective or actual purchasers or encumbrance holders (or, during the final twelve
months of the Term or when an uncured Default exists, to prospective tenants), all without being deemed to have caused an eviction of Tenant and without abatement of rent except as provided elsewhere in this Lease. If reasonably necessary, Landlord
may temporarily close all or a portion of the Premises to perform repairs, alterations and additions. Except in emergencies or to provide Building services, Landlord shall provide Tenant with reasonable prior written notice of entry and shall use
reasonable efforts to minimize any interference with Tenant’s use of the Premises. If, as a result of work being performed by Landlord, Landlord temporarily closes all or any portion of the Premises for a period in excess of 5 consecutive
business day(s), Tenant, as its sole remedy, shall be entitled to receive a per diem abatement of Basic Rent in the proportion that the rentable area of the portion of the Premises that Tenant is prevented from using, and does not use, bears to the
total rentable area of the Premises during the period beginning on the 6th consecutive business day of closure and ending on the date on which the Premises are returned to Tenant in a tenantable condition. Tenant, however, shall not be entitled to
an abatement if the repairs, alterations and/or additions to be performed are required as a result of the acts or omissions of Tenant, its agents, employees or contractors, including, without limitation, a Default by Tenant in its maintenance and
repair obligations under the Lease. 
 ARTICLE 8. SPACE PLANNING AND SUBSTITUTION 

[Intentionally Omitted] 

ARTICLE 9. ASSIGNMENT AND SUBLETTING 

9.1 RIGHTS OF PARTIES. 

(a) Except as otherwise specifically provided in this Article 9, Tenant may not, either voluntarily or by operation of law,
assign, sublet, encumber, or otherwise transfer all or any part of Tenant’s interest in this Lease, or permit the Premises to be occupied by anyone other than Tenant (each, a “Transfer”), without Landlord’s prior written
consent, which consent shall not unreasonably be withheld in accordance with the provisions of Section 9.1(b). For purposes of this Lease, references to any subletting, sublease or variation thereof shall be deemed to apply not only to a
sublease effected directly by Tenant, but also to a sub-subletting or an assignment of subtenancy by a subtenant at any level. Except as otherwise specifically provided in this Article 9, no Transfer (whether
voluntary, involuntary or by operation of law) shall be valid or effective without Landlord’s prior written consent and, at Landlord’s election, such a Transfer shall constitute a material default of this Lease. 

(b) Except as otherwise specifically provided in this Article 9, if Tenant or any subtenant hereunder desires to transfer an
interest in this Lease, Tenant shall first notify Landlord in writing and shall request Landlord’s consent thereto. Tenant shall also submit to Landlord in writing: (i) the name and address of the proposed transferee; (ii) the nature
of any proposed subtenant’s or assignee’s business to be carried on in the Premises; (iii) the terms and provisions of any proposed sublease or assignment (including without limitation the rent and other economic provisions, term,
improvement obligations and commencement date); (iv) evidence that the proposed assignee or subtenant will comply with the requirements of Exhibit D to this Lease; and (v) any other information requested by Landlord and reasonably
related to the Transfer. Landlord shall not unreasonably withhold its consent, provided: (1) the use of the Premises will be consistent with the provisions of this Lease and with Landlord’s commitment to other tenants of the Building and
Project; (2) any proposed subtenant or assignee demonstrates that it is financially responsible by submission to Landlord of all reasonable information as Landlord may request concerning the proposed subtenant or assignee, including, but not
limited to, a balance sheet of the proposed subtenant or assignee as of a date within 90 days of the request for Landlord’s consent and statements of income or profit and loss of the proposed subtenant or assignee for the two-year period preceding the request for Landlord’s consent; (3) the proposed assignee or subtenant is neither an existing tenant or occupant of the Building or Project nor a prospective tenant with whom
Landlord or Landlord’s affiliate has been actively negotiating to become a tenant at the Building or Project, except that Landlord will not enforce this restriction if it does not have sufficient available space to accommodate the proposed
transferee; and (4) the proposed transferee is not an SDN (as defined below) and will not impose additional burdens or security risks on Landlord. If Landlord consents to the proposed Transfer, then the Transfer may be effected within 90 days
after the date of the consent upon the terms described in the information furnished to Landlord; provided that any material change in the terms shall be subject to Landlord’s consent as set forth in this Section 9.1(b). Landlord shall
approve or disapprove any requested Transfer within 20 days following receipt of Tenant’s written notice and the information set forth above. Except in connection with a Permitted Transfer (as defined below), if Landlord approves the Transfer
Tenant shall pay a transfer fee of $1,000.00 to Landlord concurrently with Tenant’s execution of a Transfer consent prepared by Landlord. 

If Landlord fails to respond to any request for consent within the 20 day period set forth above, Tenant shall have the right
to provide Landlord with a second request for consent. Tenant’s second request for consent must specifically state that Landlord’s failure to respond within a period of 10 days 

  
 9. 

 shall be deemed to be an approval by Landlord. If Landlord’s failure to respond continues
for 10 days after its receipt of the second request for consent, the Transfer for which Tenant has requested consent shall be deemed to have been approved by Landlord. 

(c) Notwithstanding the provisions of Subsection (b) above, and except in connection with a “Permitted
Transfer” (as defined below), in lieu of consenting to a proposed assignment or subletting, Landlord may elect to terminate this Lease in its entirety in the event of an assignment, or terminate this Lease as to the portion of the Premises
proposed to be subleased with a proportionate abatement in the rent payable under this Lease, such termination to be effective on the date that the proposed sublease or assignment would have commenced. Landlord may thereafter, at its option, assign
or re-let any space so recaptured to any third party, including without limitation the proposed transferee identified by Tenant. Notwithstanding the foregoing, should Landlord so elect to terminate this Lease
(or terminate as to a portion of the Premises), Tenant may, by notice to Landlord within 5 business days thereafter, elect to rescind its transfer request, in which event Landlord’s termination election shall be null and void, this Lease shall
continue in full force and effect, and Tenant will not consummate its proposed transfer. 
 (d) Should any Transfer occur,
Tenant shall, except in connection with a Permitted Transfer, promptly pay or cause to be paid to Landlord, as additional rent, 50% of any amounts paid by the assignee or subtenant, however described and whether funded during or after the Lease
Term, to the extent such amounts are in excess of the sum of (i) the scheduled Basic Rent payable by Tenant hereunder (or, in the event of a subletting of only a portion of the Premises, the Basic Rent allocable to such portion as reasonably
determined by Landlord) and (ii) the direct out-of-pocket costs, as evidenced by third party invoices provided to Landlord, incurred by Tenant to effect the
Transfer, which costs shall be amortized over the remaining Term of this Lease or, if shorter, over the term of the sublease. 

(e) Notwithstanding anything to the contrary in this Article 9, Tenant may assign this Lease to a successor to Tenant by
merger, consolidation, reorganization or dissolution or the purchase of substantially all of Tenant’s assets, stock or ownership interests or assign this Lease or sublet all or a portion of the Premises to an Affiliate (defined below), without
the consent of Landlord but subject to the provisions of Section 9.2, provided that all of the following conditions are satisfied (a “Permitted Transfer”): (i) Tenant is not then in Default hereunder; (ii) Tenant gives
Landlord written notice at least 10 business days before such Permitted Transfer; and (iii) the successor entity resulting from any merger or consolidation of Tenant or the sale of all or substantially all of the assets, stock or ownership
interests of Tenant, has a net worth (computed in accordance with generally accepted accounting principles, except that intangible assets such as goodwill, patents, copyrights, and trademarks shall be excluded in the calculation (“Net
Worth”)) at the time of the Permitted Transfer that is at least equal to the Net Worth of Tenant immediately before the Permitted Transfer. Tenant’s notice to Landlord shall include reasonable information and documentation evidencing
the Permitted Transfer and showing that each of the above conditions has been satisfied. If requested by Landlord, Tenant’s successor shall sign and deliver to Landlord a commercially reasonable form of assumption agreement.
“Affiliate” shall mean an entity controlled by, controlling or under common control with Tenant. 

9.2 EFFECT OF TRANSFER. No subletting or assignment, even with the consent of Landlord, shall relieve Tenant, or
any successor-in-interest to Tenant hereunder, of its obligation to pay rent and to perform all its other obligations under this Lease. Each assignee, other than
Landlord, shall be deemed to assume all obligations of Tenant under this Lease and shall be liable jointly and severally with Tenant for the payment of all rent, and for the due performance of all of Tenant’s obligations, under this Lease. Such
joint and several liability shall not be discharged or impaired by any subsequent modification or extension of this Lease. Consent by Landlord to one or more transfers shall not operate as a waiver or estoppel to the future enforcement by Landlord
of its rights under this Lease. 
 9.3 SUBLEASE REQUIREMENTS. Any sublease, license, concession or other
occupancy agreement entered into by Tenant shall be subordinate and subject to the provisions of this Lease, and if this Lease is terminated during the term of any such agreement, Landlord shall have the right to: (i) treat such agreement as
cancelled and repossess the subject space by any lawful means, or (ii) require that such transferee attorn to and recognize Landlord as its landlord (or licensor, as applicable) under such agreement. Landlord shall not, by reason of such
attornment or the collection of sublease rentals, be deemed liable to the subtenant for the performance of any of Tenant’s obligations under the sublease. If Tenant is in Default (hereinafter defined), Landlord is irrevocably authorized to
direct any transferee under any such agreement to make all payments under such agreement directly to Landlord (which Landlord shall apply towards Tenant’s obligations under this Lease) until such Default is cured. No collection or acceptance of
rent by Landlord from any transferee shall be deemed a waiver of any provision of Article 9 of this Lease, an approval of any transferee, or a release of Tenant from any obligation under this Lease, whenever accruing. In no event shall
Landlord’s enforcement of any provision of this Lease against any transferee be deemed a waiver of Landlord’s right to enforce any term of this Lease against Tenant or any other person. 

ARTICLE 10. INSURANCE AND INDEMNITY 

10.1 TENANT’S INSURANCE. Tenant, at its sole cost and expense, shall provide and maintain in effect the
insurance described in Exhibit D. Evidence of that insurance must be delivered to Landlord prior to the Commencement Date. 

10.2 LANDLORD’S INSURANCE. Landlord shall provide the following types of insurance, with or without
deductible and in amounts and coverages as may be determined by Landlord in its discretion: 

  
 10. 

 property insurance, subject to standard exclusions (such as, but not limited to, earthquake and
flood exclusions), covering the Building or Project. In addition, Landlord may, at its election, obtain insurance coverages for such other risks as Landlord or its Mortgagees may from time to time deem appropriate, including earthquake and
commercial general liability coverage. Landlord shall not be required to carry insurance of any kind on any tenant improvements or Alterations in the Premises installed by Tenant or its contractors or otherwise removable by Tenant (collectively,
“Tenant Installations”), or on any trade fixtures, furnishings, equipment, interior plate glass, signs or items of personal property in the Premises, and Landlord shall not be obligated to repair or replace any of the foregoing
items should damage occur. All proceeds of insurance maintained by Landlord upon the Building and Project shall be the property of Landlord, whether or not Landlord is obligated to or elects to make any repairs. 

10.3 TENANT’S INDEMNITY. To the fullest extent permitted by law, but subject to Section 10.5 below,
Tenant shall defend, indemnify and hold harmless Landlord, its agents, lenders, and any and all affiliates of Landlord, from and against any and all claims, liabilities, costs or expenses arising during the Term from Tenant’s use or occupancy
of the Premises, the Building or the Common Areas, or from the conduct of its business, or from any activity, work, or thing done by Tenant or its agents, employees, subtenants, vendors, contractors, invitees or licensees (collectively,
“Tenant Parties”) in or about the Premises, the Building or the Common Areas, or from any Default in the performance of any obligation on Tenant’s part to be performed under this Lease, or from any act or negligence of Tenant
or its agents, employees, subtenants, vendors, contractors, invitees or licensees. Landlord may, at its option, require Tenant to assume Landlord’s defense in any action covered by this Section 10.3 through counsel reasonably satisfactory
to Landlord. Notwithstanding the foregoing, Tenant’s indemnification obligation shall not apply to any liability or expense to the extent the same was caused by the negligence or willful misconduct of Landlord, its agents, contractors or
employees, and, in that event, Landlord shall indemnify, defend and hold Tenant harmless from any resulting claims, liabilities, costs or expenses. 

10.4 LANDLORD’S NONLIABILITY. Except to the extent caused by the negligence or intentional misconduct of
Landlord (or any of Landlord’s agents or affiliates) but subject to Section 10.5 below, Landlord shall not be liable to Tenant, its employees, agents and invitees, and Tenant hereby waives all claims against Landlord, its employees and
agents for loss of or damage to any property, or any injury to any person, resulting from any condition including, but not limited to, acts or omissions (criminal or otherwise) of third parties and/or other tenants of the Project, or their agents,
employees or invitees, fire, explosion, falling plaster, steam, gas, electricity, water or rain which may leak or flow from or into any part of the Premises or from the breakage, leakage, obstruction or other defects of the pipes, sprinklers, wires,
appliances, plumbing, air conditioning, electrical works or other fixtures in the Building, whether the damage or injury results from conditions arising in the Premises or in other portions of the Building. It is understood that any such condition
may require the temporary evacuation or closure of all or a portion of the Building. Should Tenant elect to receive any service from a concessionaire, licensee or third party tenant of Landlord, Tenant shall not seek recourse against Landlord for
any breach or liability of that service provider. Notwithstanding anything to the contrary contained in this Lease, in no event shall Landlord be liable for Tenant’s loss or interruption of business or income (including without limitation,
Tenant’s consequential damages, lost profits or opportunity costs), or for interference with light or other similar intangible interests. 

10.5 WAIVER OF SUBROGATION. Landlord and Tenant each hereby waives all rights of recovery against the other on
account of loss and damage occasioned to the property of such waiving party to the extent that the waiving party is entitled to proceeds for such loss and damage under any property insurance policies carried or otherwise required to be carried by
this Lease; provided however, that the foregoing waiver shall not apply to the extent of Tenant’s obligation to pay deductibles under any such policies and this Lease. By this waiver it is the intent of the parties that neither Landlord nor
Tenant shall be liable to any insurance company (by way of subrogation or otherwise) insuring the other party for any loss or damage insured against under any property insurance policies, even though such loss or damage might be occasioned by the
negligence of such party, its agents, employees, contractors or invitees. The foregoing waiver by Tenant shall also inure to the benefit of Landlord’s management agent for the Building. 

ARTICLE 11. DAMAGE OR DESTRUCTION 

11.1 RESTORATION. 

(a) If the Building of which the Premises are a part is damaged as the result of an event of casualty, then subject to the
provisions below, Landlord shall repair that damage as soon as reasonably possible unless Landlord reasonably determines that: (i) the Premises have been materially damaged and there is less than 1 year of the Term remaining on the date of the
casualty; (ii) any Mortgagee (defined in Section 13.1) requires that the insurance proceeds be applied to the payment of the mortgage debt; or (iii) proceeds necessary to pay the full cost of the repair are not available from
Landlord’s insurance, including without limitation earthquake insurance. Should Landlord elect not to repair the damage for one of the preceding reasons, Landlord shall so notify Tenant in the “Casualty Notice” (as defined below), and
this Lease shall terminate as of the date of delivery of that notice. 
 (b) As soon as reasonably practicable following the
casualty event but not later than 60 days thereafter, Landlord shall notify) Tenant in writing (“Casualty Notice”) of Landlord’s election, if applicable, to terminate this Lease. If this Lease is not so terminated, the Casualty
Notice shall set forth the anticipated period for repairing the casualty damage. If the anticipated repair period exceeds 270 days and if the damage is so extensive as to reasonably prevent Tenant’s substantial use and enjoyment of the

  
 11. 

 Premises, then either party may elect to terminate this Lease by written notice to the other
within 10 days following delivery of the Casualty Notice. 
 (c) In the event that neither Landlord nor Tenant terminates
this Lease pursuant to Section 11.1(b), Landlord shall repair all material damage to the Premises or the Building as soon as reasonably possible and this Lease shall continue in effect for the remainder of the Term. Upon notice from Landlord,
Tenant shall assign or endorse over to Landlord (or to any party designated by Landlord) all property insurance proceeds payable to Tenant under Tenant’s insurance with respect to any Tenant Installations; provided if the estimated cost to
repair such Tenant Installations exceeds the amount of insurance proceeds received by Landlord from Tenant’s insurance carrier, the excess cost of such repairs shall be paid by Tenant to Landlord prior to Landlord’s commencement of
repairs. Within 15 days of demand, Tenant shall also pay Landlord for any additional excess costs that are determined during the performance of the repairs to such Tenant Installations. 

(d) From and after the casualty event, the rental to be paid under this Lease shall be abated in the same proportion that the
Floor Area of the Premises that is rendered unusable by the damage from time to time bears to the total Floor Area of the Premises. 

(e) Notwithstanding the provisions of subsections (a), (b) and (c) of this Section 11.1, but subject to
Section 10.5, the cost of any repairs shall be borne by Tenant, and Tenant shall not be entitled to rental abatement or termination rights, if the damage is due to the fault or neglect of Tenant or its employees, subtenants, contractors,
invitees or representatives. In addition, the provisions of this Section 11.1 shall not be deemed to require Landlord to repair any Tenant Installations, fixtures and other items that Tenant is obligated to insure pursuant to Exhibit D
or under any other provision of this Lease. 
 11.2 LEASE GOVERNS. Tenant agrees that the provisions of this
Lease, including without limitation Section 11.1, shall govern any damage or destruction and shall accordingly supersede any contrary statute or rule of law. 

ARTICLE 12. EMINENT DOMAIN 

Either party may terminate this Lease if any material part of the Premises is taken or condemned for any public or quasi-public
use under Law, by eminent domain or private purchase in lieu thereof (a “Taking”). Landlord shall also have the right to terminate this Lease if there is a Taking of any portion of the Building or Project which would have a material
adverse effect on Landlord’s ability to profitably operate the remainder of the Building. The termination shall be effective as of the effective date of any order granting possession to, or vesting legal title in, the condemning authority. If
this Lease is not terminated, Basic Rent and Tenant’s Share of Operating Expenses shall be appropriately adjusted to account for any reduction in the square footage of the Building or Premises. All compensation awarded for a Taking shall be the
property of Landlord and the right to receive compensation or proceeds in connection with a Taking are expressly waived by Tenant; provided, however, Tenant may file a separate claim for Tenant’s personal property and Tenant’s reasonable
relocation expenses, provided the filing of the claim does not diminish the amount of Landlord’s award. If only a part of the Premises is subject to a Taking and this Lease is not terminated, Landlord, with reasonable diligence, will restore
the remaining portion of the Premises as nearly as practicable to the condition immediately prior to the Taking. Tenant agrees that the provisions of this Lease shall govern any Taking and shall accordingly supersede any contrary statute or rule of
law. 
 ARTICLE 13. SUBORDINATION; ESTOPPEL CERTIFICATE 

13.1 SUBORDINATION. Landlord hereby represents and warrants that the Building is not currently encumbered by any
mortgage or deed of trust (i.e. there is no current Mortgagee on the Building). Tenant accepts this Lease subject and subordinate to any mortgage(s), deed(s) of trust, ground lease(s) or other lien(s) now or subsequently arising upon the Premises,
the Building or the Project, and to renewals, modifications, refinancings and extensions thereof (collectively referred to as a “Mortgage”). The party having the benefit of a Mortgage shall be referred to as a
“Mortgagee”. This clause shall be self-operative, but upon request from a Mortgagee, Tenant shall execute a commercially reasonable subordination and attornment agreement in favor of the Mortgagee, provided such agreement provides a
non-disturbance covenant benefiting Tenant. Alternatively, a Mortgagee shall have the right at any time to subordinate its Mortgage to this Lease. Upon request, Tenant, without charge, shall attorn to any
successor to Landlord’s interest in this Lease in the event of a foreclosure of any mortgage. Tenant agrees that any purchaser at a foreclosure sale or lender taking title under a deed in lieu of foreclosure shall not be responsible for any act
or omission of a prior landlord, shall not be subject to any offsets or defenses Tenant may have against a prior landlord, and shall not be liable for the return of the Security Deposit not actually recovered by such purchaser nor bound by any rent
paid in advance of the calendar month in which the transfer of title occurred; provided that the foregoing shall not release the applicable prior landlord from any liability for those obligations. Tenant acknowledges that Landlord’s Mortgagees
and their successors-in-interest are intended third party beneficiaries of this Section 13.1. 

13.2 ESTOPPEL CERTIFICATE. Tenant shall, within 10 days after receipt of a written request from Landlord,
execute and deliver (or provide reasonable comments to) a commercially reasonable estoppel certificate in favor of those parties as are reasonably requested by Landlord (including a Mortgagee or a prospective purchaser of the Building or the
Project). 

  
 12. 

 ARTICLE 14. DEFAULTS AND REMEDIES 

14.1 TENANT’S DEFAULTS. In addition to any other event of default set forth in this Lease, the occurrence
of any one or more Of the following events shall constitute a “Default” by Tenant: 
 (a) The failure by
Tenant to make any payment of Rent required to be made by Tenant, as and when due, where the failure continues for a period of 5 business days after written notice from Landlord to Tenant. The term “Rent” as used in this Lease shall
be deemed to mean the Basic Rent and all other sums required to be paid by Tenant to Landlord pursuant to the terms of this Lease 

(b) The assignment, sublease, encumbrance or other Transfer of the Lease by Tenant, either voluntarily or by operation of law,
whether by judgment, execution, transfer by intestacy or testacy, or other means, without the prior written consent of Landlord unless otherwise authorized in Article 9 of this Lease. 

(c) The discovery by Landlord that any financial statement provided by Tenant, or by any affiliate, successor or guarantor of
Tenant, was materially false. 
 (d) Except where a specific time period is otherwise set forth for Tenant’s
performance in this Lease (in which event the failure to perform by Tenant within such time period shall be a Default), the failure or inability by Tenant to observe or perform any of the covenants or provisions of this Lease to be observed or
performed by Tenant, other than as specified in any other subsection of this Section 14.1, where the failure continues for a period of 30 days after written notice from Landlord to Tenant. However, if the nature of the failure is such that more
than 30 days are reasonably required for its cure, then Tenant shall not be deemed to be in Default if Tenant commences the cure within 30 days, and thereafter diligently pursues the cure to completion. 

The notice periods provided herein are in lieu of, and not in addition to, any notice periods provided by law, and Landlord
shall not be required to give any additional notice under California Code of Civil Procedure Section 1161, or any successor statute, in order to be entitled to commence an unlawful detainer proceeding. 

14.2 LANDLORD’S REMEDIES. 

(a) Upon the occurrence of any Default by Tenant, then in addition to any other remedies available to Landlord, Landlord may
exercise the following remedies: 
 (i) Landlord may terminate Tenant’s right to possession of the Premises by any
lawful means, in which case this Lease shall terminate and Tenant shall immediately surrender possession of the Premises to Landlord. Such termination shall not affect any accrued obligations of Tenant under this Lease. Upon termination, Landlord
shall have the right to reenter the Premises and remove all persons and property. Landlord shall also be entitled to recover from Tenant: 

(1) The worth at the time of award of the unpaid Rent which had been earned at the time of termination; 

(2) The worth at the time of award of the amount by which the unpaid Rent which would have been earned after termination
until the time of award exceeds the amount of such loss that Tenant proves could have been reasonably avoided; 
 (3) The
worth at the time of award of the amount by which the unpaid Rent for the balance of the Term after the time of award exceeds the amount of such loss that Tenant proves could be reasonably avoided; 

(4) Any other amount necessary to compensate Landlord for all the detriment proximately caused by Tenant’s failure to
perform its obligations under this Lease or which in the ordinary course of things would be likely to result from Tenant’s default, including, but not limited to, the cost of recovering possession of the Premises, commissions and other expenses
of reletting, including necessary repair, renovation, improvement and alteration of the Premises for a new tenant, reasonable attorneys’ fees, and any other reasonable costs; and 

(5) At Landlord’s election, all other amounts in addition to or in lieu of the foregoing as may be permitted by law. Any
sum, other than Basic Rent, shall be computed on the basis of the average monthly amount accruing during the 24 month period immediately prior to Default, except that if it becomes necessary to compute such rental before the 24 month period has
occurred, then the computation shall be on the basis of the average monthly amount during the shorter period. As used in subparagraphs (1) and (2) above, the “worth at the time of award” shall be computed by allowing interest at the
rate of 10% per annum. As used in subparagraph (3) above, the “worth at the time of award” shall be computed by discounting the amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.

 (ii) Landlord may elect not to terminate Tenant’s right to possession of the Premises, in which event Landlord may
continue to enforce all of its rights and remedies under this Lease, including the right to collect all rent as it becomes due. Efforts by the Landlord to maintain, preserve or relet the Premises, or the appointment of a receiver to protect the
Landlord’s interests under this Lease, shall not 

  
 13. 

 constitute a termination of the Tenant’s right to possession of the Premises. In the event
that Landlord elects to avail itself of the remedy provided by this subsection (ii), Landlord shall not unreasonably withhold its consent to an assignment or subletting of the Premises subject to the reasonable standards for Landlord’s consent
as are contained in this Lease. 
 (b) The various rights and remedies reserved to Landlord in this Lease or otherwise shall
be cumulative and, except as otherwise provided by California law, Landlord may pursue any or all of its rights and remedies at the same time. No delay or omission of Landlord to exercise any right or remedy shall be construed as a waiver of the
right or remedy or of any breach or Default by Tenant. The acceptance by Landlord of rent shall not be a (i) waiver of any preceding breach or Default by Tenant of any provision of this Lease, other than the failure of Tenant to pay the
particular rent accepted, regardless of Landlord’s knowledge of the preceding breach or Default at the time of acceptance of rent, or (ii) a waiver of Landlord’s right to exercise any remedy available to Landlord by virtue of the
breach or Default. The acceptance of any payment from a debtor in possession, a trustee, a receiver or any other person acting on behalf of Tenant or Tenant’s estate shall not waive or cure a Default under Section 14.1. No payment by
Tenant or receipt by Landlord of a lesser amount than the rent required by this Lease shall be deemed to be other than a partial payment on account of the earliest due stipulated rent, nor shall any endorsement or statement on any check or letter be
deemed an accord and satisfaction and Landlord shall accept the check or payment without prejudice to Landlord’s right to recover the balance of the rent or pursue any other remedy available to it. Tenant hereby waives any right of redemption
or relief from forfeiture under California Code of Civil Procedure Section 1174 or 1179, or under any successor statute, in the event this Lease is terminated by reason of any Default by Tenant. No act or thing done by Landlord or
Landlord’s agents during the Term shall be deemed an acceptance of a surrender of the Premises, and no agreement to accept a surrender shall be valid unless in writing and signed by Landlord. No employee of Landlord or of Landlord’s agents
shall have any power to accept the keys to the Premises prior to the termination of this Lease, and the delivery of the keys to any employee shall not operate as a termination of the Lease or a surrender of the Premises. 

14.3 LATE PAYMENTS. Any Rent due under this Lease that is not paid to Landlord within 5 business days of the
date when due shall bear interest at the maximum rate permitted by law from the date due until fully paid. The payment of interest shall not cure any Default by Tenant under this Lease. In addition, Tenant acknowledges that the late payment by
Tenant to Landlord of rent will cause Landlord to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult and impracticable to ascertain. Those costs may include, but are not limited to, administrative,
processing and accounting charges, and late charges which may be imposed on Landlord by the terms of any ground lease, mortgage or trust deed covering the Premises. Accordingly, if any rent due from Tenant shall not be received by Landlord or
Landlord’s designee within 5 business days after the date due, then Tenant shall pay to Landlord, in addition to the interest provided above, a late charge for each delinquent payment equal to the greater of (i) 5% of that delinquent payment or
(ii) $100.00. Acceptance of a late charge by Landlord shall not constitute a waiver of Tenant’s Default with respect to the overdue amount, nor shall it prevent Landlord from exercising any of its other rights and remedies. 

14.4 RIGHT OF LANDLORD TO PERFORM. If Tenant is in Default of any of its obligations under the Lease, Landlord
shall have the right to perform such obligations. Tenant shall reimburse Landlord for the cost of such performance upon demand together with an administrative charge equal to 10% of the cost of the work performed by Landlord. 

14.5 DEFAULT BY LANDLORD. Landlord shall not be deemed to be in default in the performance of any obligation
under this Lease unless and until it has failed to perform the obligation within 30 days after written notice by Tenant to Landlord specifying in reasonable detail the nature and extent of the failure; provided, however, that if the nature of
Landlord’s obligation is such that more than 30 days are required for its performance, then Landlord shall not be deemed to be in default if it commences performance within the 30 day period and thereafter diligently pursues the cure to
completion. 
 14.6 EXPENSES AND LEGAL FEES. Should either Landlord or Tenant bring any action in connection
with this Lease, the prevailing party shall be entitled to recover as a part of the action its reasonable attorneys’ fees, and all other reasonable costs. The prevailing party for the purpose of this paragraph shall be determined by the trier
of the facts. 
 14.7 WAIVER OF JURY TRIAL/JUDICIAL REFERENCE. 

(a) LANDLORD AND TENANT EACH ACKNOWLEDGES THAT IT IS AWARE OF AND HAS HAD THE ADVICE OF COUNSEL OF ITS CHOICE WITH RESPECT
TO ITS RIGHT TO TRIAL BY JURY, AND EACH PARTY DOES HEREBY EXPRESSLY AND KNOWINGLY WAIVE AND RELEASE ALL SUCH RIGHTS TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM BROUGHT BY EITHER PARTY HERETO AGAINST THE OTHER (AND/OR AGAINST ITS
OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, OR SUBSIDIARY OR AFFILIATED ENTITIES) ON ANY MATTERS WHATSOEVER ARISING OUT OF OR IN ANY WAY CONNECTED WITH THIS LEASE, TENANT’S USE OR OCCUPANCY OF THE PREMISES, AND/OR ANY CLAIM OF INJURY OR DAMAGE.

 (b) In the event that the jury waiver provisions of Section 14.7 (a) are not enforceable under California law, then,
unless otherwise agreed to by the parties, the provisions of this Section 14.7 (b) shall apply. Landlord and Tenant agree that any disputes arising in connection with this Lease (including but 

  
 14. 

 not limited to a determination of any and all of the issues in such dispute, whether of fact or
of law) shall be resolved (and a decision shall be rendered) by way of a general reference as provided for in Part 2, Title 8, Chapter 6 (§§ 638 et. seq.) of the California Code of Civil Procedure, or any successor California statute
governing resolution of disputes by a court appointed referee. Nothing within this Section 14.7 shall apply to an unlawful detainer action. 

14.8 SATISFACTION OF JUDGMENT. The obligations of Landlord do not constitute the personal obligations of the
individual partners, trustees, directors, officers, members or shareholders of Landlord or its constituent partners or members. Should Tenant recover a money judgment against Landlord, such judgment shall be satisfied only from the interest of
Landlord in the Project and out of the rent or other income from such property receivable by Landlord, and no action for any deficiency may be sought or obtained by Tenant. 

ARTICLE 15. END OF TERM 

15.1 HOLDING OVER. If Tenant holds over for any period after the Expiration Date (or earlier termination of the
Term) without the prior written consent of Landlord, such tenancy shall constitute a tenancy at sufferance only and a Default by Tenant; such holding over with the prior written consent of Landlord shall constitute a
month-to-month tenancy commencing on the 1st day following the termination of this Lease and terminating 30 days following delivery of written notice of termination by
either Landlord or Tenant to the other. In either of such events, possession shall be subject to all of the terms of this Lease, except that the monthly rental shall be 150% of the total monthly rental for the month immediately preceding the date of
termination, subject to Landlord’s right to modify same upon 30 days notice to Tenant. The acceptance by Landlord of monthly hold-over rental in a lesser amount shall not constitute a waiver of Landlord’s right to recover the full amount
due unless otherwise agreed in writing by Landlord. If Tenant fails to surrender the Premises upon the expiration of this Lease despite demand to do so by Landlord, Tenant shall indemnify and hold Landlord harmless from all loss or liability,
including without limitation, any claims made by any succeeding tenant relating to such failure to surrender. The foregoing provisions of this Section 15.1 are in addition to and do not affect Landlord’s right of re-entry or any other rights of Landlord under this Lease or at law. 
 15.2
SURRENDER OF PREMISES; REMOVAL OF PROPERTY. Upon the Expiration Date or upon any earlier termination of this Lease, Tenant shall quit and surrender possession of the Premises to Landlord in as good order, condition and repair as when received
or as hereafter may be improved by Landlord or Tenant, reasonable wear and tear and repairs which are Landlord’s obligation excepted, and shall remove or fund to Landlord the cost of removing all wallpapering, voice and/or data transmission
cabling installed by or for Tenant and Required Removables, together with all personal property and debris, and shall perform all work required under Section 7.3 of this Lease. If Tenant shall fail to comply with the provisions of this
Section 15.2, Landlord may effect the removal and/or make any repairs, and the cost to Landlord shall be additional rent payable by Tenant upon demand. 

ARTICLE 16. PAYMENTS AND NOTICES 

All sums payable by Tenant to Landlord shall be paid, without deduction or offset (except as otherwise expressly provided in
this Lease), in lawful money of the United States to Landlord at its address set forth in Item 12 of the Basic Lease Provisions, or at any other place as Landlord may designate in writing. Unless this Lease expressly provides otherwise, as for
example in the payment of rent pursuant to Section 4.1, all payments shall be due and payable within 5 days after demand. All payments requiring proration shall be prorated on the basis of the number of days in the pertinent calendar month or
year, as applicable. Any notice, election, demand, consent, approval or other communication to be given or other document to be delivered by either party to the other may be delivered to the other party, at the address set forth in Item 12 of the
Basic Lease Provisions, by personal service, or by any courier or “overnight” express mailing service. Either party may, by written notice to the other, served in the manner provided in this Article, designate a different address. The
refusal to accept delivery of a notice, or the inability to deliver the notice (whether due to a change of address for which notice was not duly given or other good reason), shall be deemed delivery and receipt of the notice as of the date of
attempted delivery. If more than one person or entity is named as Tenant under this Lease, service of any notice upon any one of them shall be deemed as service upon all of them. 

ARTICLE 17. RULES AND REGULATIONS 

Tenant agrees to comply with the Rules and Regulations attached as Exhibit E, and any reasonable and nondiscriminatory
amendments, modifications and/or additions as may be adopted and published by written notice to tenants by Landlord for the safety, care, security, good order, or cleanliness of the Premises, Building, Project and/or Common Areas. Landlord shall not
be liable to Tenant for any violation of the Rules and Regulations or the breach of any covenant or condition in any lease or any other act or conduct by any other tenant, and the same shall not constitute a constructive eviction hereunder. One or
more waivers by Landlord of any breach of the Rules and Regulations by Tenant or by any other tenant(s) shall not be a waiver of any subsequent breach of that rule or any other. Tenant’s failure to keep and observe the Rules and Regulations
shall constitute a default under this Lease. In the case of any conflict between the Rules and Regulations and this Lease, this Lease shall be controlling. 

  
 15. 

 ARTICLE 18. BROKER’S COMMISSION 

The parties recognize as the broker(s) who negotiated this Lease the firm(s) whose name(s) is (are) stated in Item 10 of the
Basic Lease Provisions, and agree that Landlord shall be responsible for the payment of brokerage commissions to those broker(s) unless otherwise provided in this Lease. It is understood that Landlord’s Broker represents only Landlord in this
transaction and Tenant’s Broker (if any) represents only Tenant. Each party warrants that it has had no dealings with any other real estate broker or agent in connection with the negotiation of this Lease, and agrees to indemnify and hold the
other party harmless from any cost, expense or liability (including reasonable attorneys’ fees) for any compensation, commissions or charges claimed by any other real estate broker or agent employed or claiming to represent or to have been
employed by the indemnifying party in connection with the negotiation of this Lease. The foregoing agreement shall survive the termination of this Lease. 

ARTICLE 19. TRANSFER OF LANDLORD’S INTEREST 

In the event of any transfer of Landlord’s interest in the Premises, the transferor shall be automatically relieved of
all obligations on the part of Landlord accruing under this Lease from and after the date of the transfer, provided that Tenant is duly notified of the transfer, and further provided that any successor pursuant to a voluntary, third party transfer
(but not as part of an involuntary transfer resulting from a foreclosure or deed in lieu thereof) shall have assumed Landlord’s obligations under this Lease either by contractual obligation, assumption agreement or by operation of law.. Any
funds held by the transferor in which Tenant has an interest, including without limitation, the Security Deposit, shall be turned over, subject to that interest, to the transferee. No Mortgagee to which this Lease is or may be subordinate shall be
responsible in connection with the Security Deposit unless the Mortgagee actually receives the Security Deposit. It is intended that the covenants and obligations contained in this Lease on the part of Landlord shall, subject to the foregoing, be
binding on Landlord, its successors and assigns, only during and in respect to their respective successive periods of ownership. 

ARTICLE 20. INTERPRETATION 

20.1 NUMBER. Whenever the context of this Lease requires, the words “Landlord” and “Tenant”
shall include the plural as well as the singular. 
 20.2 HEADINGS. The captions and headings of the articles
and sections of this Lease are for convenience only, are not a part of this Lease and shall have no effect upon its construction or interpretation. 

20.3 JOINT AND SEVERAL LIABILITY. If more than one person or entity is named as Tenant, the obligations imposed
upon each shall be joint and several and the act of or notice from, or notice or refund to, or the signature of, any one or more of them shall be binding on all of them with respect to the tenancy of this Lease, including, but not limited to, any
renewal, extension, termination or modification of this Lease. 
 20.4 SUCCESSORS. Subject to Sections 13.1
and 22.3 and to Articles 9 and 19 of this Lease, all rights and liabilities given to or imposed upon Landlord and Tenant shall extend to and bind their respective heirs, executors, administrators, successors and assigns. Nothing contained in this
Section 20.4 is intended, or shall be construed, to grant to any person other than Landlord and Tenant and their successors and assigns any rights or remedies under this Lease. 

20.5 TIME OF ESSENCE. Time is of the essence with respect to the performance of every provision of this Lease in
which time of performance is a factor. 
 20.6 CONTROLLING LAW/VENUE. This Lease shall be governed by and
interpreted in accordance with the laws of the State of California. Should any litigation be commenced between the parties in connection with this Lease, such action shall be prosecuted in the applicable State Court of California in the county in
which the Building is located. 
 20.7 SEVERABILITY. If any term or provision of this Lease, the deletion of
which would not adversely affect the receipt of any material benefit by either party or the deletion of which is consented to by the party adversely affected, shall be held invalid or unenforceable to any extent, the remainder of this Lease shall
not be affected and each term and provision of this Lease shall be valid and enforceable to the fullest extent permitted by law. 

20.8 WAIVER. One or more waivers by Landlord or Tenant of any breach of any term, covenant or condition
contained in this Lease shall not be a waiver of any subsequent breach of the same or any other term, covenant or condition. Consent to any act by one of the parties shall not be deemed to render unnecessary the obtaining of that party’s
consent to any subsequent act. No breach of this Lease shall be deemed to have been waived unless the waiver is in a writing signed by the waiving party. 

20.9 INABILITY TO PERFORM. In the event that either party shall be delayed or hindered in or prevented from the
performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the period of the delay and
the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.9 shall not operate to excuse Tenant from the prompt payment of Rent. 

  
 16 

 20.10 ENTIRE AGREEMENT. This Lease and its exhibits and other
attachments cover in full each and every agreement of every kind between the parties concerning the Premises, the Building, and the Project, and all preliminary negotiations, oral agreements, understandings and/or practices, except those contained
in this Lease, are superseded and of no further effect. Tenant waives its rights to rely on any representations or promises made by Landlord or others which are not contained in this Lease. No verbal agreement or implied covenant shall be held to
modify the provisions of this Lease, any statute, law, or custom to the contrary notwithstanding. 
 20.11 QUIET
ENJOYMENT. Upon the observance and performance of all the covenants, terms and conditions on Tenant’s part to be observed and performed, and subject to the other provisions of this Lease, Tenant shall have the right of quiet enjoyment and
use of the Premises for the Term without hindrance or interruption by Landlord or any other person claiming by or through Landlord. 

20.12 SURVIVAL. All covenants of Landlord or Tenant which reasonably would be intended to survive the expiration
or sooner termination of this Lease, including without limitation any warranty or indemnity hereunder, shall so survive and continue to be binding upon and inure to the benefit of the respective parties and their successors and assigns. 

ARTICLE 21. EXECUTION AND RECORDING 

21.1 COUNTERPARTS. This Lease may be executed in one or more counterparts, each of which shall constitute an
original and all of which shall be one and the same agreement. 
 21.2 CORPORATE AND PARTNERSHIP AUTHORITY.
Tenant represents and warrants that it is duly authorized to execute and deliver this Lease and that this Lease is binding upon the corporation, limited liability company or partnership in accordance with its terms. Tenant shall, at Landlord’s
request, deliver a certified copy of its organizational documents or an appropriate certificate authorizing or evidencing the execution of this Lease. 

21.3 EXECUTION OF LEASE; NO OPTION OR OFFER. The submission of this Lease to Tenant shall be for examination
purposes only, and shall not constitute an offer to or option for Tenant to lease the Premises. Execution of this Lease by Tenant and its return to Landlord shall not be binding upon Landlord, notwithstanding any time interval, until Landlord has in
fact executed and delivered this Lease to Tenant, it being intended that this Lease shall only become effective upon execution by Landlord and delivery of a fully executed counterpart to Tenant. 

21.4 RECORDING. Tenant shall not record this Lease without the prior written consent of Landlord. Tenant, upon
the request of Landlord, shall execute and acknowledge a “short form” memorandum of this Lease for recording purposes. 

21.5 AMENDMENTS. No amendment or mutual termination of this Lease shall be effective unless in writing signed by
authorized signatories of Tenant and Landlord, or by their respective successors in interest. No actions, policies oral or informal arrangements, business dealings or other course of conduct by or between the parties shall be deemed to modify this
Lease in any respect. 
 ARTICLE 22. MISCELLANEOUS 

22.1 NONDISCLOSURE OF LEASE TERMS. Tenant acknowledges that the content of this Lease and any related documents
are confidential information. Except to the extent disclosure is required by law, Tenant shall keep such confidential information strictly confidential and shall not disclose such confidential information to any person or entity other than
Tenant’s financial, legal and space-planning consultants, provided, however, that Tenant may disclose the terms to prospective subtenants or assignees under this Lease or pursuant to legal requirement. 

22.2 TENANT’S FINANCIAL STATEMENTS. The application, financial statements and tax returns, if any,
submitted and certified to by Tenant as an accurate representation of its financial condition have been prepared, certified and submitted to Landlord as an inducement and consideration to Landlord to enter into this Lease. Tenant shall during the
Term furnish Landlord with current annual financial statements accurately reflecting Tenant’s financial condition upon written request from Landlord within 10 days following Landlord’s request, which shall not be more often than once every
twelve (12) months; provided, however, that so long as Tenant is a publicly traded corporation on a nationally recognized stock exchange, the foregoing obligation to deliver the statements shall be waived. 

22.3 MORTGAGEE PROTECTION. No act or failure to act on the part of Landlord which would otherwise entitle Tenant
to be relieved of its obligations hereunder or to terminate this Lease shall result in such a release or termination unless (a) Tenant has given notice by registered or certified mail to any Mortgagee of a Mortgage covering the Building whose
address has been furnished to Tenant and (b) such Mortgagee is afforded a reasonable opportunity to cure the default by Landlord (which shall in no event be less than 30 days). Tenant shall comply with any written directions by any Mortgagee to
pay Rent due hereunder directly to such Mortgagee without determining whether a default exists under such Mortgagee’s Mortgage. 

22.4 SDN LIST. Tenant hereby represents and warrants that neither Tenant nor any officer, director, employee,
partner, member or other principal of Tenant (collectively, “Tenant Parties”) is listed 

  
 17. 

 as a Specially Designated National and Blocked Person (“SDN”) on the list of
such persons and entities issued by the U.S. Treasury Office of Foreign Assets Control (OFAC). In the event Tenant or any Tenant Party is or becomes listed as an SDN, Tenant shall be deemed in breach of this Lease and Landlord shall have the right
to terminate this Lease immediately upon written notice to Tenant. 
  

									
	 LANDLORD:
	 		 	 TENANT:

			
	 THE IRVINE COMPANY LLC,

	 		 	 BIONANO GENOMICS, INC.,

	 a Delaware limited liability company
	 		 	 a Delaware corporation

					
		 		 		 	 By
	 	 /s/ R. Erik Holmlin

	 By:
	 	 /s/ Steven M. Case
	 		 		 	
		 	 Steven M. Case
	 		 	 Printed Name R. Erik Holmlin

		 	 Executive Vice President
	 		 		 	
		 	 Office Properties
	 		 	 Title President & CEO

					
	 By:
	 	 /s/ Michael T. Bennett
	 		 	 By
	 	 /s/ Garth Monroe

		 	 Michael T. Bennett
	 		 		 	
		 	 Senior Vice President, Operations

	 		 	 Printed Name Garth Monroe

		 	 Office Properties
	 		 		 	
		 		 		 	 Title Vice President & CFO

  
 18. 

 EXHIBIT A 

DESCRIPTION OF PREMISES 

9640 Towne Centre Drive, Suite 100 
  

 
 EXHIBIT A 

 EXHIBIT B 

Operating Expenses 

(Net) 
 (a)
From and after the Commencement Date, Tenant shall pay to Landlord, as additional rent, Tenant’s Share of all Operating Expenses, as defined in Section (f) below, incurred by Landlord in the operation of the Building and the Project. The
term “Tenant’s Share” means that portion of any Operating Expenses determined by multiplying the cost of such item by a fraction, the numerator of which is the Floor Area of the Premises and the denominator of which is the
total rentable square footage, of (i) the Building (i.e. the floor area of the Building), for expenses determined by Landlord to benefit or relate substantially to the Building rather than the entire Project, and (ii) all or some of the
buildings in the Project, for expenses determined by Landlord to benefit or relate substantially to all or some of the buildings in the Project rather than any specific building. Landlord reserves the right to allocate to the entire Project any
Operating Expenses which may benefit or substantially relate to a particular building within the Project in order to maintain greater consistency of Operating Expenses among buildings within the Project. In the event that Landlord reasonably
determines that the Premises or the Building incur a non-proportional benefit from any expense, or is the non-proportional cause of any such expense, Landlord may
allocate a greater percentage of such Operating Expense to the Premises or the Building. In the event that any management and/or overhead fee payable or imposed by Landlord for the management of Tenant’s Premises is calculated as a percentage
of the rent payable by Tenant and other tenants of Landlord, then the kill amount of such management and/or overhead fee which is attributable to the rent paid by Tenant shall be additional rent payable by Tenant, in full, provided, however, that
Landlord may elect to include such full amount as part of Tenant’s Share of Operating Expenses. 
 (b) Commencing prior
to the start of the first full “Expense Recovery Period” of the Lease (as defined in Item 7 of the Basic Lease Provisions), and prior to the start of each full or partial Expense Recovery Period thereafter, Landlord shall give
Tenant a written estimate of the amount of Tenant’s Share of Operating Expense for the applicable Expense Recovery Period. Tenant shall pay the estimated amounts to Landlord in equal monthly installments, in advance, concurrently with payments
of Basic Rent. If Landlord has n t furnished its written estimate for any Expense Recovery Period by the time set forth above, Tenant shall continue to pay monthly the estimated Tenant’s Share of Operating Expenses in effect during the prior
Expense Recovery Period; provided that when the new estimate is delivered to Tenant, Tenant shall, at the next monthly payment date, pay any accrued estimated Tenant’s Share of Operating Expenses based upon the new estimate. Landlord may from
time to time change the Expense Recovery Period to reflect a calendar year or a new fiscal year of Landlord, as applicable, in which event Tenant’s Share of Operating Expenses shall be equitably prorated for any partial year. 

(c) Within 180 days after the end of each Expense Recovery Period, Landlord shall furnish to Tenant a statement (a
“Reconciliation Statement”) showing in reasonable detail the actual or prorated Tenant’s Share of Operating Expenses incurred by Landlord during such Expense Recovery Period, and the parties shall within 30 day thereafter make
any payment or allowance necessary to adjust Tenant’s estimated payments of Tenants Share of Operating Expenses, if any, to the actual Tenant’s Share of Operating Expenses as show’) by the Reconciliation Statement. Any delay or
failure by Landlord in delivering any Reconciliation Statement shall not constitute a waiver of Landlord’s right to require Tenant to pay Tenant’s Share of Operating Expenses pursuant hereto (provided, however, that Tenant shall not be
obligated to pay any additional amounts of Project Costs required by such Reconciliation Statement to the extent Landlord fails to notify Tenant within 3 calendar years of the Expiration Date of this Lease). Any amount due Tenant shall be credited
against installments next coming due under this Exhibit B, and any deficiency shall be paid by Tenant together with the next installment. Should Tenant fail to object in writing to Landlord’s determination of Tenant’s Share of
Operating Expenses within 90 days following delivery of Landlord’s Reconciliation Statement (as set forth in subsection (1) below), Landlord’s determination of Tenant’s Share of Operating Expenses for the applicable Expense
Recovery Period shall be conclusive and binding on Tenant for all purposes and any future claims by Tenant to the contrary shall be barred. 

(d) Even though this Lease has terminated and the Tenant has vacated the Premises, when the final determination is made of
Tenant’s Share of Operating Expenses for the Expense Recovery Period in which this Lease terminates, Tenant shall within 30 days of written notice pay the entire increase over the estimated Tenant’s Share of Operating Expenses already
paid. Conversely, any overpayment by Tenant shall be rebated by Landlord to Tenant not later than 30 days after such final determination. 

(e) If, at any time during any Expense Recovery Period, any one or more of the Operating Expenses are increased to a rate(s)
or amount(s) in excess of the rate(s) or amount(s) used in calculating the estimated Tenant’s Share of Operating Expenses for the year, then the estimate of Tenant’s Share of Operating Expenses may be increased by written notice from
Landlord for the month in which such rate(s) or amount(s) becomes effective and for all succeeding months by an amount equal to the estimated amount of Tenant’s Share of the increase. Landlord shall give Tenant written notice of the amount or
estimated amount of the increase, the month in which the increase will become effective, Tenant’s Share thereof and the months for which the payments are due. Tenant shall pay the increase to Landlord as part of the Tenant s monthly payments of
estimated expenses as provided in paragraph (b) above, commencing with the month in which effective. 

  
 1 

 (f) The term “Operating Expenses” shall mean and include all Project
Costs, as defined in Section (g) below, and Property Taxes, as defined in Section (i) below. 
 (g) The term
“Project Costs” shall mean all expenses of operation, management, repair, replacement and maintenance Of the Building and the Project, including without limitation all appurtenant Common Areas (as defined in Section 6.2 of the
Lease), and shall include the following charges by way of illustration but not limitation: water and sewer charges; insurance premiums, deductibles, or reasonable premium equivalents or deductible equivalents should Landlord elect to self insure any
risk that Landlord is authorized to insure hereunder; license, permit, and inspection fees; light; power; window washing; trash pickup; janitoriaI services to any interior Common Areas; heating, ventilating and air conditioning; supplies; materiaIs;
equipment; tools; reasonable fees for consulting services; access control/security costs, inclusive of the reasonable cost of improvements made to enhance access control systems and procedures; establishment of reasonable reserves for replacement of
the roof of the Building; costs incurred in connection with compliance with any laws or changes in laws applicable to the Building or the Project; the cost of any capital improvements or replacements (other than tenant improvements for specific
tenants) to the extent of the amortized amount thereof over the useful life of such capital improvements or replacements (or, if such capital improvements or replacements are anticipated to achieve a cost savings as to the Operating Expenses, any
shorter estimated period of time over which the cost of the capital improvements or replacements would be recovered from the estimated cost savings) calculated at a market cost of funds, all as determined by Landlord, for each year of useful life or
shorter recovery period of such capital expenditure whether such capital expenditure occurs during or prior to the Term; costs associated with the maintenance of an air conditioning, heating and ventilation service agreement, and maintenance of any
communications or networked data transmission equipment, conduit, cabling, wiring and related telecommunications facilitating automation and control systems, remote telecommunication or d to transmission infrastructure within the Building and/or the
Project, and any other maintenance, repair and replacement costs associated with such infrastructure; capital costs associated with a requirement related to demands on utilities by Project tenants, including without limitation the cost to obtain
additional voice, data and modem connections; labor; reasonably allocated wages and salaries, fringe benefits, and payroll taxes for administrative and other personnel directly applicable to the Building and/or Project, including both
Landlord’s personnel and outside personnel; any expense incurred pursuant to Sections 6.1, 6.2, 7.2, 10.2, and Exhibits C and F of the Lease; and commercially reasonable and Market-competitive overhead and/or management fees for the
professional operation of the Project. It is understood and agreed that Project Costs may include competitive charges for direct services (including, without limitation, management and/or operations services) provided by any subsidiary, division or
affiliate of Landlord. 
 (h) Notwithstanding the foregoing, Operating Expenses shall exclude the following: 

(1) Any ground lease rental; 

(2) Costs incurred by Landlord with respect to goods and services (including utilities sold and supplied to tenants and
occupants of the Building) to the extent that Landlord is reimbursed for such costs other than through the Operating Expense pass-through provisions of such tenants’ lease; 

(3) Costs incurred by Landlord for repairs, replacements and/or restoration to or of the Building to the extent that Landlord
is reimbursed by insurance or condemnation proceeds or by tenants (other than through Operating expense pass-throughs), warrantors or other third persons; 

(4) Costs, including permit, license and inspection costs, incurred with respect to the installation of tenant improvements
made for other tenants in the Building or incurred in renovating or otherwise improving, decorating, painting or redecorating vacant space for tenants or other occupants of the Building; 

(5) Costs arising from Landlord’s charitable or political contributions; 

(6) Attorneys’ fees and other costs and expenses incurred in connection with negotiations or disputes with present or
prospective tenants or other occupants of the Building, except those attorneys’ fees and other costs and expenses incurred in connection with negotiations, disputes or claims relating to items of Operating Expenses, enforcement of rules and
regulations of the Building and such other matters relating to the maintenance of standards required of Landlord under this Lease; 

(7) Capital expenditures as determined in accordance with generally accepted accounting principles, consistently applied, and
as generally practiced in the real estate industry (“GAAP”), except for the amortized cost of capital expenditures which are intended to, and which could reasonably be expected to, reduce other Project Costs or increases thereof, or
upgrade Building and/or Project security, or which are squired to bring the Building and/or Project into compliance with applicable laws and building codes enacted after the Commencement Date of this Lease; 

(8) Brokers commissions, finders’ fees, attorneys’ fees, entertainment and travel expenses and other costs incurred
by Landlord in leasing or attempting to lease space in the Building; 
 (9) Expenses in connection with services or other
benefits which are not offered to Tenant or for which Tenant is charged for directly but which are provided to another tenant or occupant of the Building; 

  
 2 

 (10) Costs incurred by Landlord due to the violation by Landlord of any law,
code, regulation, or ordinance; 
 (11) Overhead and profit increments paid to subsidiaries or affiliates of Landlord for
services provided to the Building to the extent the same exceeds the costs that would generally be charged for such services if rendered on a competitive basis (based upon a standard of similar office buildings in the general market area of the
Premises) by unaffiliated third parties capable of providing such service; 
 (12) Interest on debt or amortization on any
mortgage or mortgages encumbering the Building; 
 (13) Landlord’s general corporate overhead, except as it relates to
the specific management, operation, repair, replacement and maintenance of the Building or Project; 
 (14) Costs of
installing the initial landscaping and the initial sculpture, paintings and objects of art for the Building and Project; 

(15) Advertising expenditures; 

(16) Rentals and other related expenses incurred in leasing permanent air-conditioning
systems, elevators, or other Building equipment ordinarily considered to be of a capital nature, except temporary equipment or equipment which is used in providing janitorial, repair, maintenance, or engineering services and which is not permanently
affixed to the Building; 
 (17) Environmental clean-up costs or hazardous waste clean-up costs incurred by Landlord with respect to (a) pre-existing conditions at the Building, or (b) any such costs accruing from and after the Commencement Date
that were not caused by Tenant or Tenant Parties, or (c) any other costs that are not the responsibility of Tenant under Section 5.3 of this Lease; 

(18) The cost of overtime or other expense to Landlord in curing its defaults or performing work expressly provided in this
Lease to be borne at Landlord’s expense; 
 (19) Any bad debt loss, rent loss, or reserves for bad debts or rent loss;

 (20) Costs associated with the operation of the business of the partnership or entity which constitutes the Landlord
(including partnership accounting and legal matters, costs of defending any lawsuits with any mortgagee (except as the actions of Tenant may be in issue), costs of selling, syndicating, financing, mortgaging or hypothecating any of Landlord’s
interest in the Project, and costs incurred in connection with any disputes between Landlord and its employees, between Landlord and Project management, or between Landlord and other tenants or occupants) as the same are distinguished from the costs
of the operation, management, repair, replacement and maintenance of the Project; 
 (21) The wages and benefits of any
employee who does not devote substantially all of his or her employed time to the Project unless such wages and benefits are prorated to reflect time spent on operating and managing the Project vis-à-vis time spent on matters unrelated to operating and managing the Project; provided that in no event shall Project Costs include wages and/or benefits attributable to personnel above the level of
portfolio property manager or chief engineer; 
 (22) Reserves for repairs, maintenance and replacements; 

(23) The costs of any “tap fees” or one time lump sum sewer, water or other utility connection fees for the Project;

 (24) Insurance premiums and deductibles for earthquake and terrorism insurance, and any other insurance deductible except
to the extent the same are commercially reasonable; 
 (25) Costs incurred by Landlord for improvements or replacements
(including structural additions), repairs, equipment and tools which are of a “capital” nature and/or which are considered “capital” improvements or replacements under GAAP, except to the extent included in Project Costs pursuant
to the definition in Section (g) above or by other express terms of this Lease; 
 (26) Legal fees and costs,
settlements, judgments or awards paid or incurred because of disputes between Landlord and other tenants or prospective occupants or prospective tenants/occupants or providers of goods and services to the Project; 

(27) Payments made with respect to uninsured casualty losses; and 

(28) The cost to Landlord in curing its defaults or performing work expressly provided in this Lease to be borne at
Landlord’s expense. 
 (i) The term “Property Taxes” as used herein shall include any form of federal,
state, county or local government or municipal taxes, fees, charges or other impositions of every kind (whether general, 

  
 3 

 special, ordinary or extraordinary related to the ownership, leasing or operation of the
Premises, Building or Project, including without limitation, the following: (i) all real estate taxes or personal property taxes levied against the Premises, the Building or Project, as such property taxes may be reassessed from time to time;
and (ii) other taxes, charges and assessments which are levied with respect to this Lease or to the Building and/or the Project, and any improvements, fixtures and equipment and other property of Landlord located in the Building and/or the
Project, (iii) all assessments and fees for public improvements, services, and facilities and impacts thereon, including without limitation arising out of any Community Facilities Districts, “Mello Roos” districts, similar assessment
districts, and any traffic impact mitigation assessments or fees; (iv) any t x, surcharge or assessment which shall be levied in addition to or in lieu of real estate or personal property taxes, and (v) taxes based on the receipt of rent
(including gross receipts or sales taxes applicable to the receipt of rent), and (vi) costs and expenses incurred in contesting the amount or validity of any Property Tax by appropriate proceedings (but only to the extent of the reasonably
anticipated savings to Tenant of such contest). Notwithstanding the foregoing, general net income or franchise taxes imposed against Landlord shall be excluded. Property Taxes shall not include any federal and state income taxes, and other taxes to
the extent applicable to Landlord’s general or net income (as opposed to rents, receipts or income attributable to operations at the Project), capital levy, franchise, capital stock, gift, estate or inheritance tax. 

(j) Provided Tenant is not then in default hereunder, Tenant shall have the right to cause a certified public accountant,
engaged on a non-contingency fee basis, to audit Operating Expenses by inspecting Landlord’s general ledger of expenses not more than once during any Expense Recovery Period. However, to the extent that
insurance premiums or any other component of Operating Expenses is determined by Landlord on the basis of an internal allocation of costs utilizing information Landlord in good faith deems proprietary, Such expense component shall not be subject to
audit so long as it does not exceed the amount per square foot typically imposed by landlords of other first class office projects in San Diego, California. Tenant shall give notice to Landlord of Tenant’s intent to audit within ninety
(90) days after Tenant’s receipt of Landlord’s Reconciliation Statement which sets forth Landlord’s actual Operating Expenses. Such audit shall be conducted at a mutually agreeable time during normal business hours at the office
of Landlord or its management agent where such accounts are maintained. If Tenant’s audit determines that actual Operating Expenses have been overstated by more than 5%, then subject to Landlord’s right to review and/or contest the audit
results, Landlord shall reimburse Tenant for the reasonable out-of-pocket costs of such audit. Tenant’s rent shall be appropriately adjusted to reflect any
overstatement in Operating Expenses. In the event of a dispute between Landlord and Tenant regarding such audit, either party may elect to submit the matter for binding arbitration with the American Arbitration Association under its Arbitration
Rules for the Real Estate Industry, and judgment on the arbitration award may be entered in any court having jurisdiction thereof. All of the information obtained by Tenant and/or its auditor in connection with such audit, as well as any compromise,
settlement, or adjustment reached between Landlord and Tenant as a result thereof, shall be held in strict confidence and, except as may be required pursuant to litigation, shall not be disclosed to any third party, directly or indirectly, by Tenant
or its auditor or any of their officers, agents or employees. Landlord may require Tenant’s auditor to execute a separate confidentiality agreement affirming the foregoing as a condition precedent to any audit. In the event of a violation of
this confidentiality covenant in connection with any audit, then in addition to any other legal or equitable remedy available to Landlord, Tenant shall forfeit its right to any reconciliation or cost reimbursement payment from Landlord due to said
audit (and any such payment theretofore made by Landlord shall be promptly returned by Tenant), and Tenant shall have no further audit rights under this Lease. Notwithstanding the foregoing, Tenant shall have no right of audit with respect to any
Expense Recovery Period unless the total Operating Expenses per square foot for such Expense Recovery Period, as set forth in Landlord’s annual expense reconciliation, exceed the total Operating Expenses per square foot during the initial
Expense Recovery Period, as increased by the percentage change in the United States Department of Labor, Bureau of Labor Statistics, Consumer Price Index for all Urban Consumers, Los Angeles - Riverside - Orange County Area Average, all items (1982-84 = 100) (the “Index”), which change in the Index shall be measured by comparing the Index published for January of the initial Expense Recovery Period with the Index published for January of
the applicable Expense Recovery Period. 

  
 4 

 EXHIBIT C 

UTILITIES AND SERVICE 

Landlord represents and warrants that the Premises are currently separately metered for all utilities. Tenant shall be
responsible for and shall pay promptly, directly to the appropriate supplier, all charges for electricity metered to the Premises, telephone, telecommunications service, janitorial service, interior landscape maintenance and all other utilities,
materials and services furnished directly to Tenant or the Premises or used exclusively by Tenant in, on or about the Premises during the Term, together with any taxes thereon. Landlord shall make a reasonable determination of
Tenant’s proportionate share of the cost of water, gas, sewer, refuse pickup and any other utilities and services that are not separately metered to the Premises and services, and Tenant shall pay such amount to Landlord, as an item of
additional rent, within 10 days after delivery of Landlord’s statement or invoice therefor. Alternatively, Landlord may elect to include such cost in the definition of Project Costs in which event Tenant shall pay Tenant’s proportionate
share of such costs in the manner set forth in Section 4.2. Tenant shall also pay to Landlord as an item of additional rent, within 10 days after delivery of Landlord’s statement or invoice therefor, Landlord’s “standard
charges” (as hereinafter defined, which shall be in addition to the electricity charge paid to the utility provider) for “after hours” usage by Tenant of each HVAC unit servicing the Premises. If the HVAC unit(s) servicing the
Premises also serve other leased premises in the Building, “after hours” shall mean usage of said unit(s) before 6:00 A.M. or after 9:00 P.M. on Mondays through Fridays, before 9:00 A.M. or after 5:00 P.M. on Saturdays,
and before 9:00 A.M. or after 1:00 P.M. on Sundays and nationally-recognized holidays, subject to reasonable adjustment of said hours by Landlord. If the HVAC unit(s) serve only the Premises, “after hours” shall mean more than 87
hours of usage during any week during the Term. “After hours” usage shall be determined based upon the operation of the applicable HVAC unit during each of the foregoing periods on a
“non-cumulative” basis (that is, without regard to Tenant’s usage or nonusage of other unit(s) serving the Premises, or of the applicable unit during other periods of the Term). As used
herein, “standard charges” shall mean the following charges for each hour of “after hours” use (in addition to the applicable electricity charges paid to the utility provider) of the following described HVAC
units: (i) $35.00 per hour for 1-5 ton HVAC units, (ii) $37.50 per hour for 6-30 ton HVAC units and (iii) $40.00 per hour for HVAC units of greater than 30 tons. 

  
 1 

 EXHIBIT D 

TENANT’S INSURANCE 

The following requirements for Tenant’s insurance shall be in effect during the Term, and Tenant shall also cause any subtenant to
comply with the requirements. Landlord reserves the right to adopt reasonable nondiscriminatory modifications and additions to these requirements. 

1. Tenant shall maintain, at its sole cost and expense, during the entire Term: (i) commercial general liability
insurance with respect to the Premises and the operations of Tenant in, on or about the Premises, including but not limited to coverage for personal injury, contractual liability, independent contractors, broad form property damage, fire legal
liability, products liability (provided that (a) Tenant shall not be required to carry products liability insurance unless and until a product is manufactured within or sold from the Premises, and (b) any such coverage will be on a
“claims made” basis) and liquor law liability (if alcoholic beverages are sold, served or consumed within the Premises), which policy(ies) shall be written on an “occurrence” basis (except for any required products liability
policy shall be on a “claims made” basis) and for not less than $2,000,000 combined single limit per occurrence for bodily injury, death, and property damage liability; (ii) workers’ compensation insurance coverage as
required by law, together with employers’ liability insurance coverage of at least $1,000,000 each accident and each disease; (iii) with respect to Alterations constructed by Tenant under this Lease, builder’s risk insurance,
in an amount equal to the replacement cost of the work; and (iv) insurance against fire, vandalism, malicious mischief and such other additional perils as may be included in a standard “special form” policy, insuring all
Alterations, trade fixtures, furnishings, equipment and items of personal property in the Premises, in an amount equal to not less than 90% of their replacement cost (with replacement cost endorsement), which policy shaII also include business
interruption coverage in an amount sufficient to cover 1 year of loss. In no event shall the limits of any policy be considered as limiting the liability of Tenant under this Lease. 

2. All policies of insurance required to be carried by Tenant pursuant to this Exhibit D shall be written by insurance
companies authorized to do business in the State of California and with a general policyholder rating of not less than “A-” and financial rating of not less than “VIII” in the most current Best’s Insurance
Report. The deductible or other retained limit under any policy carried by Tenant shall be commercially reasonable, and Tenant shall be responsible for payment of such deductible or retained limit with waiver of subrogation in favor of
Landlord. Any insurance required of Tenant may be furnished by Tenant under any blanket policy carried by it or under a separate policy. A certificate of insurance, certifying that the policy has been issued, provides the coverage required
by this Exhibit and contains the required provisions, together with endorsements acceptable to Landlord evidencing the waiver of subrogation and additional insured provisions required below, shall be delivered to Landlord prior to the
date Tenant is given the right of possession of the Premises. Proper evidence of the renewal of any insurance coverage shall also be delivered to Landlord not less than thirty (30) days prior to the expiration of the
coverage. In the event of a loss covered by any policy under which Landlord is an additional insured, Landlord shall be entitled to review a copy of such policy. 

3. Tenant’s commercial general liability insurance shall contain a provision that the policy shall be primary to and
noncontributory with any policies carried by Landlord, together with a provision including Landlord and any other parties in interest designated by Landlord as additional insureds. Tenant’s policies described in Subsections 1 (ii),
(iii) and (iv) above shall each contain a waiver by the insurer of any right to subrogation against Landlord, its agents, employees, contractors and representatives. Tenant also Waives its right of recovery for any deductible or retained
limit under same policies enumerated above. All of Tenant’s policies shall contain a provision that the Tenant will not cancel or change the coverage provided by the policy without first giving Landlord prior written notice. 

NOTICE TO TENANT: IN ACCORDANCE WITH THE TERMS OF THIS LEASE, TENANT MUST PROVIDE EVIDENCE OF THE REQUIRED INSURANCE TO LANDLORD’S
MANAGEMENT AGENT PRIOR TO BEING AFFORDED ACCESS TO THE PREMISES. 

  
 1 

 EXHIBIT E 

RULES AND REGULATIONS 

The following Rules and Regulations shall be in effect at the Building. Landlord reserves the right to adopt reasonable nondiscriminatory
modifications and additions at any time. In the case of any conflict between these regulations and the Lease, the Lease shall be controlling. 

1. The sidewalks, halls, passages, elevators, stairways, and other common areas shall not be obstructed by Tenant or used by
it for storage, for depositing items, or for any purpose other than for ingress to and egress from the Premises. Should Tenant have access to any balcony or patio area, Tenant shall not place any furniture other personal property in such area
without the prior written approval of Landlord. 
 2. Neither Tenant nor any employee or contractor of Tenant shall go upon
the roof of the Building without the prior written consent of Landlord. 
 3. Tenant shall, at its expense, be required to
utilize the third party contractor designated by Landlord for the Building to provide any telephone wiring services from the minimum point of entry of the telephone cable in the Building to the Premises. 

4. No antenna or satellite dish shall be installed by Tenant without the prior written agreement of Landlord. 

5. The sashes, sash doors, windows, glass lights, solar film and/or screen, and any lights or skylights that reflect or admit
light into the halls or other places of the Building shall not be covered or obstructed. If Landlord, by a notice in writing to Tenant, shall object to any curtain, blind, tinting, shade or screen attached to, or hung in, or used in connection with,
any window or door of the Premises, the use of that curtain, blind, tinting, shade or screen shall be immediately discontinued and removed by Tenant. No awnings shall be permitted on any part of the Premises. 

6. The installation and location of any unusually heavy equipment in the Premises, including without limitation file storage
units, safes and electronic data processing equipment, shall require the prior written approval of Landlord. The moving of large or heavy objects shall occur only between those hours as may be designated by, and only upon previous notice to,
Landlord. No freight, furniture or bulky matter of any description shall be received into or moved out of the lobby of the Building or carried in any elevator other than the freight elevator (if available) designated by Landlord unless approved in
writing by Landlord. 
 7. Any pipes or tubing used by Tenant to transmit water to an appliance or device in the Premises
must be made of copper or stainless steel, and in no event shall plastic tubing be used for that purpose. 
 8. Tenant shall
not place any lock(s) on any door in the Premises or Building without Landlord’s prior written consent, which consent shall not be unreasonably withheld. Upon the termination of its tenancy, Tenant shall d liver to Landlord all the keys to
offices, rooms and toilet rooms and all access cards which shall have seen furnished to Tenant or which Tenant shall have had made. 

9. Tenant shall not install equipment requiring electrical or air conditioning service in excess of that to be provided by
Landlord under the Lease without prior written approval from Landlord. 
 10. Tenant shall not use space heaters within the
Premises. 
 11. Tenant shall not do or permit anything to be done in the Premises, or bring or keep anything in the
Premises, which shall in any way increase the insurance on the Building, or on the property kept in the Building, or interfere with the rights of other tenants, or conflict with any government rule or regulation. 

12. Tenant shall not use or keep any foul or noxious gas or substance in the Premises. 

13. Tenant shall not permit the Premises to be occupied or used in a manner offensive or objectionable to Landlord or other
occupants of the Building by reason of noise, odors and/or vibrations, or interfere in any way with other tenants or those having business with other tenants. 

14. Tenant shall not permit any animals or birds be kept by Tenant in or about the Building. 

15. Neither Tenant nor its employees, agents, contractors, invitees or licensees shall bring any firearm, whether loaded or
unloaded, into the Project at any time. 
 16. Smoking anywhere within the Premises or Building is strictly prohibited, and
Landlord may enforce such prohibition pursuant to Landlord’s leasehold remedies. Smoking is permitted outside the Building and within the project only in areas designated by Landlord. 

  
 1 

 17. Tenant shall not install an aquarium of any size in the Premises unless
otherwise approved by Landlord. 
 18. Tenant shall not utilize any name selected by Landlord from time to time for the
Building and/or the Project as any part of Tenant’s corporate or trade name. Landlord shall have the right to change the name, number or designation of the Building or Project without liability to Tenant. Tenant shall not use any picture of the
Building in its advertising, stationery or in any other manner. 
 19. Tenant shall, upon request by Landlord, supply
Landlord with the names and telephone numbers of personnel designated by Tenant to be contacted on an after-hours basis should circumstances warrant. 

20. Landlord may from time to time grant tenants individual and temporary variances from these Rules, provided that any
variance does not have a material adverse effect on the use and enjoyment of the Premises by Tenant. 

  
 2 

 EXHIBIT F 

PARKING 
 Tenant shall be
entitled, at no cost to Tenant during the initial Term, to the number of vehicle parking spaces set forth in Item 11 of the Basic Lease Provisions, which spaces shall be unreserved and unassigned, on those portions of the Common Areas designated by
Landlord for parking. Landlord shall designate 2 of the parking spaces for loading to be located directly in front of the shipping area in the rear of the Building. Tenant shall not use more parking spaces than such number. All parking spaces shall
be used only for parking of vehicles no larger than full size passenger automobiles, sport utility vehicles or pickup trucks. Tenant shall not permit or allow any vehicles that belong to or are controlled by Tenant or Tenant’s employees,
suppliers, shippers, customers or invitees to be loaded, unloaded or parked in areas other than those designated by Landlord for such activities. If Tenant permits or allows any of the prohibited activities described above, then Landlord shall have
the right, without notice, in addition to such other rights and remedies that Landlord may have, to remove or tow away the vehicle involved and charge the costs to Tenant. Parking within the Common Areas shall be limited to striped parking stalls,
and no parking shall be permitted in any driveways, access ways or in any area which would prohibit or impede the free flow of traffic Within the Common Areas. There shall be no parking of any vehicles for longer than a forty-eight (48) hour
period unless otherwise authorized by Landlord, and vehicles which have been abandoned or parked in violation of the terms hereof may be towed away at the owner’s expense. Nothing contained in this Lease shall be deemed to create liability upon
Landlord for any damage to motor vehicles of visitors or employees, for any loss of property from within those motor vehicles, or for any injury to Tenant, its visitors or employees, unless ultimately determined to be caused by the sole negligence
or willful misconduct of Landlord. Landlord shall have the right to establish, and from time to time amend, and to enforce against all users all reasonable rules and regulations (including the designation of areas for employee parking) that Landlord
may deem necessary and advisable for the proper and efficient operation and maintenance of parking within the Common Areas. Landlord shall have the right to construct, maintain and operate lighting facilities within the parking areas; to change the
area, level, location and arrangement of the parking areas and improvements therein; to restrict parking by tenants, their officers, agents and employees to employee parking areas; to enforce parking charges (by operation of meters or otherwise);
and to do and perform such other acts in and to the parking areas and improvements therein as, in the use of good business judgment, Landlord shall determine to be advisable. Any person using the parking area shall observe all directional signs and
arrows and any posted speed limits. In no event shall Tenant interfere with the use and enjoyment of the parking area by other tenants of the Project or their employees or invitees. Parking areas shall be used only for parking vehicles. Washing,
waxing, cleaning or servicing of vehicles, or the storage of vehicles for longer than 48-hours, is prohibited unless otherwise authorized by Landlord. Tenant shall be liable for any damage to the parking areas
caused by Tenant or Tenant’s employees, suppliers, shippers, customers or invitees, including without limitation damage from excess oil leakage. Tenant shall have no right to install any fixtures, equipment or personal property in the parking
areas. Notwithstanding anything to the contrary in the Lease or this Exhibit F, Tenant shall at all times have the right to use the number of parking spaces allocated to Tenant under this Lease. 

  
 1 

 EXHIBIT G 

ADDITIONAL PROVISIONS 

1. RIGHT TO EXTEND. Provided that Tenant is not in Default under any provision of this Lease at the time of
exercise of the extension right granted herein, and provided further that Tenant is occupying the entire Premises and has not assigned or sublet any of its interest in this Lease (except in connection with a Permitted Transfer of this Lease as
described in Section 9.1(e) hereof), Tenant may extend the Term of this Lease for one period of 36 months. Tenant shall exercise its right to extend the Term by and only by delivering to Landlord, not less than 9 months nor more than 12 months
prior to the expiration date of the Term, Tenant’s written notice of its irrevocable commitment to extend (the “Commitment Notice”). Should Tenant fail timely to deliver the Commitment Notice, then this extension right shall
thereupon lapse and be of no further force or effect. 
 The Basic Rent payable under the Lease during the extension of the
Term shall be at the prevailing market rental rate (including periodic adjustments) for comparable and similarly improved office space in the Building and Project as of the commencement of the extension period, as determined by Landlord, based on a
reasonable extrapolation of Landlord’s then-current leasing rates. In no event shall the monthly Basic Rent payable for the extension period be less than the Basic Rent payable during the month immediately preceding the commencement of such
extension period. 
 Promptly following receipt of the Commitment Notice, Landlord shall prepare an appropriate amendment to
the Lease memorializing the extension of the Term in accordance with the foregoing, and Tenant shall duly execute and return same to Landlord within 15 days. If Tenant fails timely to do so, then Landlord, at its sole discretion, may either enforce
its rights under this Section or, upon written notice to Tenant, elect to cause Tenant’s right to extend to be extinguished, in which event this Lease shall terminate as of the originally scheduled date of expiration. Should Landlord elect the
latter, then this Lease shall terminate upon the scheduled date of expiration and Tenant’s rights under this paragraph shall be of no further force or effect. 

Any attempt to assign or transfer any right or interest created by this paragraph to other than a Permitted Transfer shall be
void from its inception. Tenant shall have no other right to extend the Term beyond the single 36 month extension created by this paragraph. Unless agreed to in a writing signed by Landlord and Tenant, any extension of the Term, whether created by
an amendment to this Lease or by a holdover of the Premises by Tenant, or otherwise, shall be deemed a part of, and not in addition to, any duly exercised extension period permitted by this paragraph. Time is specifically made of the essence of this
Section. 
 2. RIGHT OF FIRST OFFER. Provided Tenant is not then in Default hereunder, Landlord hereby grants Tenant the continuing
right (“First Right”) to lease, during the initial 60 month Term of this Lease, approximately 18,005 rentable square feet of office space known as Suite No. 200 in the Building and shown on Exhibit A hereto
(“First Right Space”) in accordance with and subject to the provisions of this Section; provided that this First Right shall cease to be effective during the final 12 months of the Term unless and until Tenant exercises its
extension option set forth in Paragraph 1 of Exhibit G above. Except as otherwise provided below, prior to leasing the First Right Space, or any portion thereof, to any other party during the period that this First Right is in effect and after
determining that the existing tenant as of the date of this Lease in the First Right Space will not extend or renew the term of its lease, Landlord shall give Tenant written notice of the basic economic terms including but not limited to the Basic
Rent, term, operating expense base, security deposit, and tenant improvement allowance (collectively, the “Economic Terms”), upon which Landlord is willing to lease such particular First Right Space to Tenant or to a third party;
provided that the Economic Terms shall exclude brokerage commissions and other Landlord payments that do not directly inure to the tenant’s benefit. It is understood that should Landlord intend to lease other office space in addition to the
First Right Space as part of a single transaction, then Landlord’s notice shall so provide and all such space shall collectively be subject to the following provisions. Within 5 days after receipt of Landlord’s notice, Tenant must give
Landlord written notice pursuant to which Tenant shall elect to (i) lease all, but not less than all, of the space specified in Landlord’s notice (the “Designated Space”) upon such Economic Terms and the same non-Economic Terms as set forth in this Lease:, (ii) refuse to lease the Designated Space, specifying that such refusal is not based upon the Economic Terms, but upon Tenant’s lack of need for the Designated
Space, in which event Landlord may lease the Designated Space upon any terms it deems appropriate; or (iii) refuse to lease the Designated Space, specifying that such refusal is based upon said Economic Terms, in which event Tenant shall also
specify revised Economic Terms upon which Tenant shall be willing to lease the Designated Space. In the event that Tenant does not so respond in writing to Landlord’s notice within said period, Tenant shall be deemed to have elected clause
(ii) above. In the event Tenant gives Landlord notice pursuant to clause (iii) above, Landlord may elect to either (x) lease the Designated Space to Tenant upon such revised Economic Terms and the same other non-Economic Terms as set forth in this Lease, or (y) lease the Designated Space to any third party upon Economic Terms which are not materially more favorable to such party than those Economic Terms proposed
by Tenant. Should Landlord so elect to lease the Designated Space to Tenant, then Landlord shall promptly prepare and deliver to Tenant an amendment to this Lease consistent with the foregoing, and Tenant shall execute and return same (or provide
reasonable comments thereto) to Landlord within 10 days. Tenant’s failure to timely return the amendment shall entitle Landlord to specifically enforce Tenant’s commitment to lease the Designated Space, to lease such space to a third
party, and/or to pursue any other available legal remedy. In the event that Landlord leases the First Right Space, or any portion thereof, to a third party in 

  
 2 

 accordance with the provisions of this Section, and during the effective period of this First
Right the First Right Space, or any portion thereof, shall again become available for releasing, then prior to Landlord entering into any such new lease with a third party for the First Right Space, Landlord shall repeat the procedures specified
above in this Section. Notwithstanding the foregoing, it is understood that Tenant’s First Right shall be subject to any extension or expansion rights previously granted by Landlord to any third party tenant in the Building, as well as to any
such rights which may hereafter be granted by Landlord to any third party tenant now or hereafter occupying the First Right Space or any portion thereof, and Landlord shall in no event be obligated to initiate this First Right prior to leasing any
portion of the First Right Space to the then-current occupant thereof. Tenant’s rights under this Section shall be personal to the original Tenant named in this Lease and may not be assigned or transferred (except in connection with a Permitted
Transfer of this Lease to an Affiliate as described in Section 9.1(e) hereof). Any other attempted assignment or transfer shall be void and of no force or effect. 

3. EXTERIOR SIGNAGE. Tenant shall have the right to install either an exterior sign at the top of the northeast corner of the Building
or one (1) eyebrow sign at a location mutually acceptable to Landlord and Tenant (the “Exterior Signage”) which signage shall consist only of the name “BioNano Genomics, Inc.”, or such other name as reasonably
approved by Landlord that Tenant may request to the extent that the name of Tenant’s business changes. The type and design of such signage shall be subject to the prior written approval of Landlord and the City of San Diego, and shall be
consistent with Landlord’s signage criteria for the Project. Fabrication, installation, insurance, and maintenance of such signage shall be at Tenant’s sole cost and expense. Tenant understands and agrees that it shall use Landlord’s
designated contractor for installing the Exterior Signage. Should Tenant fail to have the Exterior Signage installed within 12 months of the Commencement Date, then Tenant’s right to install same thereafter shall be deemed null and void. Except
for the foregoing, no sign, advertisement or notice visible from the exterior of the Premises shall be inscribed, painted or affixed by Tenant on any part of the Premises without the prior consent of Landlord. Tenant’s signage right shall
belong solely to BioNano Genomics, Inc. and may not be transferred or assigned (except in connection with assignment Permitted Transfer of this Lease as described in Section 9.1(e) hereof) without Landlord’s prior written consent which may
be withheld by Landlord in Landlord’s sole discretion. In the event Tenant (together with any of Tenant’s assignees or subtenants pursuant to a Permitted Transfer), exclusive of any other subtenant(s), fails to occupy less that eighty
percent (80%) the entire Premises, then Tenant shall, within thirty (30) days following) notice from Landlord, remove the Exterior Signage at Tenant’s expense. Tenant shall also remove such signage promptly following the expiration or
earlier termination of the Lease. Any such removal shall be at Tenant’s sole expense, and Tenant shall bear the cost of any resulting repairs to the Building that are reasonably necessary due to the removal. 

  
 3 

 EXHIBIT I 

IRREVOCABLE STANDBY LETTER OF CREDIT 
  

			
	 Number:
	 	  

			
	 Date:
	 	  

			
	 Amount:
	 	  

			
	 Expiration:
	 	  

  

					
	 BENEFICIARY
	  	ACCOUNT PARTY	 	

  

					
	 The Irvine Company LLC
	  		 	
	 550 Newport Center Drive
	  		 	  

	 Newport Beach, CA 92060
	  		 	  

	 Attn: Senior Vice President, Finance
	 	
	 Office Properties
	  		 	

 We hereby issue our Irrevocable Letter of Credit No.
         in favor of The Irvine Company LLC (“Beneficiary”), its successors and assigns, for the account of
            . We undertake to honor your sight draft, upon presentation at our office in
                    , California, for any sum or sums not to exceed a total of
                     ($            ) in favor of Beneficiary when
accompanied by the original of this Letter of Credit. 
 Partial and multiple drawings are permitted under this Letter of Credit. In the
event of a partial draw, the amount of the draft shall be endorsed on the reverse side hereof by the negotiating bank. 
 This Letter of
Credit is transferable in its entire undrawn balance to a successor beneficiary upon presentation by Beneficiary of the original of this Letter of Credit, together with a written request for transfer executed by Beneficiary. 

It is a condition of this Letter of Credit that it shall remain enforceable against us for a period of
             from this date and further, that it shall be deemed automatically extended for successive one-year periods without amendment
thereafter unless thirty (30) days prior to the expiration date set forth above, or within thirty (30) days prior to the end of any yearly Anniversary Date thereafter, you shall receive our notice in writing by certified mail, return
receipt requested, or by overnight courier (e.g. FedEx), that we elect not to renew this Letter of Credit for any subsequent year. 
 The
draft must be marked “Drawn under                      Letter of Credit
No.              dated                     .” 

There are no other conditions of this letter of credit. Except so far as otherwise stated, this credit is subject to the International Standby
Practices 1998, International Chamber of Commerce Publication No. 590, and is otherwise governed, by the law of the State of California. 
  

			
	 By:
	 	  

		
	 By:
	 	  

  
 2 

 EXHIBIT J 

SURVEY FORM 
 THE IRVINE
COMPANY — INVESTMENT PROPERTIES GROUP 
 HAZARDOUS MATERIAL SURVEY FORM 

The purpose of this form is to obtain information regarding the use of hazardous substances on Investment Properties Group
(“I G”) property. Prospective tenants and contractors should answer the questions in light of their propos d activities on the premises. Existing tenants and contractors should answer the questions as they relate to ongoing
activities on the premises and should update any information previously submitted. 
 If additional space is needed to
answer the questions, you may attach separate sheets of paper to this form. When completed, the form should be sent to the following address: 

THE IRVINE COMPANY MANAGEMENT OFFICE 

111 Innovation Drive 
 Irvine, CA
92617 
 Your cooperation in this matter is appreciated. If you have any questions, please call your property manager at
(949) 720-4400 for assistance. 
  

					
	 1.  GENERAL INFORMATION
	  	

					
			
	 Name of Responding Company:
	 	  
	  	

																	
	 Check all that apply:
	 		 	 Tenant
	 	( )	 		 	 Contractor
	 	( )	  		  	
		 		 	 Prospective
	 	( )	 		 	 Existing
	 	( )	  		  	

					
	 Mailing Address:
	 	  
	  	

					
	 Contact person & Title:
	 	  
	  	

															
	 Telephone Number: ( )
	 	  
	  		  		  		  		  		  	

 Current TIC Tenant(s):  

 

					
	 Address of Lease Premises:
	 	  
	  	

  

					
	 Length of Lease or Contract Term:
	 	  
	  	

 Prospective TIC Tenant(s):  

 

					
	 Address of Leased Premises:
	 	  
	  	

 Address of Current Operations: 

Describe the proposed operations to take place on the property, including principal products manufactured or services to be
conducted. Existing tenants and contractors should describe any proposed changes to ongoing operations. 
  

	
	  

	  

			
	  

  

	 2.
	 HAZARDOUS MATERIALS. For the purposes of this Survey Form, the term “hazardous material”
means any raw material, product or agent considered hazardous under any state or federal law. The term does not include wastes which are intended to be discarded. 

 

	 	 2.1
	 Will any hazardous materials be used or stored on site? 

 

							
	 Chemical Products
	  	Yes ( )	    	 No ( )
	    	
	 Biological Hazards/ Infectious Wastes
	  	Yes ( )	    	 No ( )
	    	
	 Radioactive Materials
	  	Yes ( )	    	 No ( )
	    	
	 Petroleum Products
	  	Yes ( )	    	 No ( )
	    	

  
 3 

	 	 2.2
	 List any hazardous materials to be used or stored, the quantities that will be
on-site at any given time, and the location and method of storage (e.g., bottles in storage closet on the premises). 

  

							
	 Hazardous Materials
	    	 Location and Method

of Storage
	    	 Quantity
	 	 
	  
	    	  
	    	  
	 	
	  
	    	  
	    	  
	 	
	  
	    	  
	    	  
	 	
	  
	    	  
	    	  
	 	

  

	 	 2.3
	 Is any underground storage of hazardous materials proposed or currently conducted on the premises? Yes ( ) No
( ) 

 If yes, describe the materials to be stored, and the size and construction of the tank. Attach
copies of any permits obtained for the underground storage of such substances. 
  

	
	  

	  

			
	  
	 	

  

	 3.
	 HAZARDOUS WASTE. For the purposes of this Survey Form, the term “hazardous waste” means any
waste (including biological, infectious or radioactive waste) considered hazardous under any state or federal law, and which is intended to be discarded. 

  

	 	 3.1
	 List any hazardous waste generated or to be generated on the premises, and indicate the quantity generated on
a monthly basis. 

  

							
	 Hazardous Materials
	    	 Location and Method

of Storage
	    	 Quantity
	 	 
	  
	    	  
	    	  
	 	
	  
	    	  
	    	  
	 	
	  
	    	  
	    	  
	 	
	  
	    	  
	    	  
	 	

  

	 	 3.2
	 Describe the method(s) of disposal (including recycling) for each waste. Indicate where and how often disposal
will take place. 

  

							
	 Hazardous Materials
	    	 Location and Method

of Storage
	    	 Quantity
	 	 
	  
	    	  
	    	  
	 	
	  
	    	  
	    	  
	 	
	  
	    	  
	    	  
	 	
	  
	    	  
	    	  
	 	

  

	 	 3.3
	 Is any treatment or processing of hazardous, infectious or radioactive wastes currently conducted or proposed
to be conducted on the premise? 

 Yes ( ) No ( ) 

If yes, please describe any existing or proposed treatment methods. 

 

	
	  

	  

	  

 

	 	 3.4
	 Attach copies of any hazardous waste permits or licenses issued to your company with respect to its operations
on the premises. 

  

	 4.
	 SPILLS 

  

	 	 4.1
	 During the past year, have any spills or releases of hazardous materials occurred on the premises? Yes ( ) No
( ) 

  
 4 

 If so, please describe the spill and attach the results of any
testing conducted to determine the extent of such spills. 

			
		 	 
		 	 
		 	 

  

	 	 4.2
	 Were any agencies notified in connection with such spills?    Yes ( ) No ( )

 If so, attach copies of any spill reports or other correspondence with regulatory
agencies. 
  

	 	 4.3
	 Were any clean-up actions undertaken in connection with the
spills?    Yes ( ) No ( ) 

 If so, briefly describe the actions taken.
Attach copies of any clearance letters obtained from any regulatory agencies involved and the results of any final soil or groundwater sampling done upon completion of the clean-up work. 

			
		 	 
		 	 
		 	 

  

	 5.
	 WASTEWATER TREATMENT/DISCHARGE 

 

	 	 5.1
	 Do you discharge industrial wastewater to: 

        storm
drain?                                sewer? 

        surface
water?                                no industrial discharge 

 

	 	 5.2
	 Is your industrial wastewater treated before discharge?    Yes ( ) No ( )

 If yes, describe the type of treatment conducted. 

			
		 	 
		 	 
		 	 

  

	 	 5.3
	 Attach copies of any wastewater discharge permits issued to your company with respect to its operations on the
premises. 

  

	 6.
	 AIR DISCHARGES. 

 

	 	 6.1
	 Do you have any air filtration systems or stacks that discharge into the air?    Yes ( )
No ( ) 

  

	 	 6.2
	 Do you operate any equipment that requires air emissions permits?    Yes ( ) No ( )

  

	 	 6.3
	 Attach copies of any air discharge permits pertaining to these operations. 

 

	 7.
	 HAZARDOUS MATERIAL DISCLOSURES. 

 

	 	 7.1
	 Does your company handle an aggregate of at least 500 pounds, 55 gallons or 200 cubic feet of hazardous
material at any given time?    Yes ( ) No ( ) 

  

	 	 7.2
	 Has your company prepared a Hazardous Materials Disclosure — Chemical Inventory and Business Emergency
Plan or similar disclosure document pursuant to state or county requirements?    Yes ( ) No ( ) 

If so, attach a copy. 
  

	 	 7.3
	 Are any of the chemicals used in your operations regulated under Proposition 65? 

If so, describe the procedures followed to comply with these requirements. 

			
		 	 
		 	 
		 	 

  

	 	 7.4
	 Is your company subject to OSHA Hazard Communication Standard Requirements?    Yes (
)    No ( ) 

 If so, describe the procedures followed to comply with
these requirements. 

			
		 	 
		 	 
		 	 

  
 5 

	 8.
	 ANIMAL TESTING. 

 

	 	 8.1
	 Does your company bring or intend to bring live animals onto the premises for research or development
purposes? Yes ( ) No ( ) 

 If so, describe the activity. 

			
	 
	  	 
		  	 
		  	 

  

	 	 8.2
	 Does your company bring or intend to bring animal body parts or bodily fluids onto the premises for research
or development purposes? Yes ( ) No ( ) 

 If so, describe the activity. 

			
	 
	  	 
		  	 
		  	 

  

	 9.
	 ENFORCEMENT ACTIONS, COMPLAINTS. 

 

	 	 9.1
	 Has your company ever been subject to any agency enforcement actions, administrative orders, lawsuits, or
consent orders/decrees regarding environmental compliance or health and safety? Yes ( ) No ( ) 

If so, describe the actions and any continuing obligations imposed as a result of these actions. 

 

			
	 
	  	 
		  	 
		  	 

  

	 	 9.2
	 Has your company ever received any request for information, notice of violation or demand letter, complaint,
or inquiry regarding environmental compliance or health and safety? Yes ( ) No ( ) 

  

	 	 9.3
	 Has an environmental audit ever been conducted which concerned operations or activities on premises occupied
by you? 

 Yes ( ) No ( ) 
  

	 	 9.4
	 If you answered “yes” to any questions in this section, describe the environmental action or
complaint and any continuing compliance obligation imposed as a result of the same. 

			
	 
	  	 
		  	 
		  	 
	         
	  	 

							
	         
	  	 	 	

  

			
	 
	 
		
	 By:
	 	  

		 	
Name:               
                                         
                      

		 	
Title:               
                                         
                        

		 	
Date:               
                                         
                        

  
 6 

 EXHIBIT X 

WORK LETTER 
 DOLLAR
ALLOWANCE 
 [SECOND GENERATION SPACE] 

The Tenant Improvement work (herein “Tenant Improvements”) shall consist of any work required to complete the Premises
pursuant to Working Drawings and Specifications approved by both Landlord and Tenant. All of the Tenant Improvement work shall be performed by a contractor engaged by Landlord and selected on the basis of competitive bids submitted by 3 general
contractors, which shall consist of Pacific Building Group, Burger Construction and Reno Contracting, Inc.; provided that Landlord shall choose the lowest qualified bidder. The Tenant Improvements shall be undertaken in accordance with the
procedures and requirements set forth below and shall comply with the American with Disabilities Act. Landlord shall use commercially reasonable efforts to obtain 12 month warranties on any new Tenant Improvements. 

 

	 I.
	 ARCHITECTURAL AND CONSTRUCTION PROCEDURES 

 

	 	 A.
	 Landlord shall engage an architect to prepare a detailed space plan for the Premises which includes interior
partitions, ceilings, interior finishes, interior office doors, suite entrance, floor coverings, window coverings, lighting, electrical and telephone outlets, plumbing connections, heavy floor loads and other special requirements
(“Preliminary Plan”). Not later than thirty (30) days after the full execution and delivery of this Lease (“Plan Approval Date”), Tenant shall approve the Preliminary Plan by signing copies of the appropriate
instrument and delivering same to Landlord for Landlord’s review and approval. Landlord shall provide an estimate, prepared by the contractor engaged by Landlord for the work herein pursuant to the competitive bidding process described above
(“Landlord’s Contractor”), of the cost for which Landlord will complete or cause to be completed the Tenant Improvements (“Preliminary Cost Estimate”). The parties acknowledge Preliminary Plan shall
substantially conform to the “Test Fit” attached as Exhibit X-1. 

  

	 	 B.
	 On or before the Plan Approval Date, Tenant shall provide in writing to Landlord or Landlord’s Architect
all specifications and information requested by Landlord (provided that Landlord must request any specific information it desires at least three (3) business days prior to the Plan Approval Date) for the preparation of final construction
documents and costing, including without limitation Tenant’s final selection of wall and floor finishes, complete specifications and locations (including load and HVAC requirements) of Tenant’s equipment, and details of all other non-building standard improvements to be installed in the Premises (collectively, “Programming Information”). Tenant’s failure to provide the Programming Information by the Plan Approval Date
shall constitute a Tenant Delay for purposes of this Lease. Tenant understands that final construction documents for the Tenant Improvements shall be predicated on the Programming Information, and accordingly that such information must be accurate
and complete. 

  

	 	 C.
	 Upon Tenant’s approval of the Preliminary Plan and Preliminary Cost Estimate and delivery of the complete
Programming Information, Landlord’s Architect and engineers shall prepare and deliver to the parties working drawings and specifications (“Working Drawings and Specifications”), and Landlord’s Contractor shall prepare a
final construction cost estimate (“Final Cost Estimate”) for the Tenant Improvements in conformity with the Working Drawings and Specifications. Tenant shall have 3 business days from the receipt thereof to approve or disapprove the
Working Drawings and Specifications and the Final Cost Estimate, and any disapproval or requested modification shall be limited to items not contained in the approved Preliminary Plan or Preliminary Cost Estimate and/or items that are inconsistent
with the Preliminary Plan or Preliminary Cost Estimate; provided that in no event shall Tenant have the right to request changes or additions to the Working Drawings and Specifications for the purpose of utilizing any unused portion of the Landlord
Contribution. In no event shall Tenant disapprove the Final Cost Estimate if it does not exceed the approved Preliminary Cost Estimate. Should Tenant disapprove the Working Drawings and Specifications and the Final Cost Estimate, such disapproval
shall be accompanied by a detailed list of revisions. Any revision requested by Tenant and accepted by Landlord (provided that any revision requested by Tenant that is consistent with the Preliminary Plan and Preliminary Cost Estimate shall be
accepted by Landlord) shall be incorporated by Landlord’s Architect into a revised set of Working Drawings and Specifications and Final Cost Estimate, and Tenant shall approve same in writing within 3 business days of receipt without further
revision. Tenant’s failure to comply in a timely manner with any of the requirements of this paragraph shall constitute a Tenant Delay. 

  

	 	 D.
	 It is understood that the Preliminary Plan and the Working Drawings and Specifications, together with any
Changes thereto, shall be subject to the prior approval of Landlord. 

  
 7 

 Landlord shall identify any disapproved items within 3 business days (or 2
business days in the case of Changes) after receipt of the applicable document. In lieu of disapproving an item, Landlord may approve same on the condition that Tenant pay to Landlord, prior to the start of construction and in addition to all sums
otherwise due hereunder, an amount equal to the cost, as reasonably estimated by Landlord, of removing and replacing the item upon the expiration or termination of the Lease. Should Landlord approve work that would necessitate any ancillary Building
modification or other expenditure by Landlord, then except to the extent of any remaining balance of the “Landlord Contribution” as described below, Tenant shall, in addition to its other obligations herein, promptly fund the cost thereof
to Landlord. 
  

	 	 E.
	 Landlord shall submit the Preliminary Plan to competitive bid as provided above. Each bidding contractor shall
use the electrical, mechanical, plumbing and fire/life safety engineers and subcontractors designated by Landlord. All other subcontractors shall be subject to Landlord’s reasonable approval, and Landlord may require that one or more designated
subtrades be union contractors. The lowest responsible bidder shall be selected as Landlord’s general contractor and the bid amount shall be deemed the “Final Cost Estimate” for purposes hereof. 

 

	 	 F.
	 In the event that Tenant requests in writing a revision in the approved Working Drawings and Specifications
(“Change”), then provided such Change is acceptable to Landlord, Landlord shall advise Tenant by written change order as soon within three (3) business days thereafter any increase in the Completion Cost and/or any Tenant Delay
such Change would cause. Tenant shall approve or disapprove such change order in writing within 2 business days following its receipt from Landlord. Tenant’s approval of a Change shall be accompanied by Tenant’s payment of any resulting
increase in the Completion Cost except to the extent of any unutilized portion of the Landlord Contribution. It is understood that Landlord shall have no obligation to interrupt or modify the Tenant Improvement work pending Tenant’s approval of
a change order. 

  

	 	 G.
	 Notwithstanding any provision in the Lease to the contrary, if Tenant (a) fails to comply with any of the
time periods specified in this Work Letter, (b) fails otherwise to approve or reasonably disapprove any submittal within 3 business days, (c) fails to approve in writing the Preliminary Plan by the Plan Approval Date, (d) fails to
provide all of the Programming Information timely requested by Landlord by the Plan Approval Date, (e) fails to approve or respond to, in writing the Working Drawings and Specifications within the time provided herein, (f) requests any
Changes, (g) fails to make timely payment of any sum due hereunder, (h) furnishes inaccurate or erroneous specifications or other information, or (i) otherwise delays in any manner the completion of the Tenant Improvements (including
without limitation by specifying materials that are not readily available) or the issuance of an occupancy certificate (any of the foregoing being referred to in this Lease as “Tenant Delay”), then Tenant shall bear any resulting
additional construction cost or other expenses to the extent the same cause the Completion Cost to exceed the Landlord Contribution, and the Commencement Date shall be deemed to have occurred for all purposes, including Tenant’s obligation to
pay Rent, as of the date Landlord reasonably determines that it would have been able to deliver the Premises to Tenant but for the collective Tenant Delays (provided, however, that in no event shall the Commencement Date be deemed to have occurred
prior to the Estimated Commencement Date). Should Landlord determine that the Commencement Date should be advanced in accordance with the foregoing, it shall so notify Tenant in writing. Landlord’s determination shall be conclusive unless
Tenant notifies Landlord in writing, within 5 business days thereafter, of Tenant’s election to contest same by binding arbitration with the American Arbitration Association under its Arbitration Rules for the Real Estate Industry, and judgment
on the arbitration award may be entered in any court having jurisdiction thereof. Pending the outcome of such arbitration proceedings, Tenant shall make timely payment of all rent due under this Lease based upon the Commencement Date set forth in
the aforesaid notice from Landlord. Notwithstanding anything to the contrary, no act, omission or circumstance under clause (d) above shall constitute a Tenant Delay unless and until Tenant fails to cure such act, omission or circumstance
within one (1) business day from the date that Landlord notifies Tenant in writing that such act, omission, or circumstance is delaying Landlord’s construction of the Tenant Improvements and will constitute a Tenant Delay unless cured by
Tenant within such one (1) business day time period. 

  

	 	 H.
	 Landlord shall permit Tenant and its agents to enter the Premises four (4) weeks prior to the
Commencement Date of the Lease in order that Tenant may perform any work to be performed by Tenant hereunder through its own contractors (including without limitation installation of cabling and FF&E), subject to Landlord’s prior written
approval, and in a manner and upon terms and conditions and at times reasonably satisfactory to Landlord’s representative; provided, however, that the period during which Tenant is permitted to enter the Premises pursuant to the terms of this
Subsection H shall in no event be less than the four (4) week period preceding the Commencement Date. The foregoing license to enter the Premises prior to the Commencement Date is, however, conditioned upon Tenant’s contractors and their
subcontractors and employees working in harmony and not interfering with the work being performed by Landlord. If at any time that entry shall 

  
 8 

 cause disharmony or interfere with the work being performed by Landlord, this
license may be withdrawn by Landlord upon 24 hours written notice to Tenant. That license is further conditioned upon the compliance by Tenant’s contractors with all requirements imposed by Landlord on third party contractors and
subcontractors, including without limitation the maintenance by Tenant and its contractors and subcontractors of workers’ compensation and public liability and property damage insurance in amounts and with companies and on forms satisfactory to
Landlord, with certificates of such insurance being furnished to Landlord prior to proceeding with any such entry. The entry shall be deemed to be under all of the provisions of the Lease except as to the covenants to pay Rent unless Tenant
commences business activities within the Premises. Landlord shall not be liable in any way for any injury, loss or damage which may occur to any such work being performed by Tenant, the same being solely at Tenant’s risk. In no event shall the
failure of Tenant’s contractors to complete any work in the Premises extend the Commencement Date. 
  

	 	 I.
	 Tenant hereby designates Chris Brietbarth, Telephone No. (858)
888-7635, as its representative, agent and attorney-in-fact for the purpose of receiving notices, approving submittals and
issuing requests for Changes, and Landlord shall be entitled to rely upon authorizations and directives of such person(s) as if given directly by Tenant. Tenant may amend the designation of its construction representative(s) at any time upon
delivery of written notice to Landlord. 

  

	 II.
	 COST OF TENANT IMPROVEMENTS 

 

	 	 A.
	 Landlord shall complete, or cause to be completed, the Tenant Improvements, at the construction cost shown in
the Final Cost Estimate (subject to the provisions of this Work Letter), in accordance with final Working Drawings and Specifications approved by both Landlord and Tenant. Landlord shall pay towards the final construction costs (“Completion
Cost”) as incurred a maximum of $664,296.00 (“Landlord Contribution”), based on $44.39 per usable square foot of the Premises, and Tenant shall be fully responsible for the remainder (“Tenant
Contribution”). Notwithstanding the foregoing, Tenant may elect to utilize up to $44,895.00 (i.e., $3.00 per usable square foot of the Premises) towards the costs of relocation, data and communications cabling, IT work, signage and
Tenant’s project manager reimbursement. If the actual cost of completion of the Tenant Improvements is less than the maximum amount provided for the Landlord Contribution or remains after December 31, 2012, such savings shall inure to the
benefit of Landlord and Tenant shall not be entitled to any credit or payment or to apply the savings toward additional work. 

  

	 	 B.
	 The Completion Cost shall include all direct costs of Landlord in completing the Tenant Improvements,
including but not limited to the following: (i) payments made to architects, engineers, contractors, subcontractors and other third party consultants in the performance of the work (including without limitation preparation of the Preliminary
Plan and Working Drawings and Specifications), (ii) permit fees and other sums paid to governmental agencies, (iii) costs of all materials incorporated into the work or used in connection with the work (excluding any furniture, fixtures and
equipment relating to the Premises), and (iv) keying and signage costs. The Completion Cost shall also include an administrative/supervision fee to be paid to Landlord in the amount of 2.5% of all such direct costs. 

 

	 	 C.
	 Prior to start of construction of the Tenant Improvements, Tenant shall pay to Landlord 50% of the amount of
the Tenant Contribution set forth in the approved Final Cost Estimate; and 50% upon substantial completion of the Tenant Improvements (provided, however, that to the extent the actual Completion Cost ultimately amounts to less than the approved
Final Cost Estimate, then the final installment(s) of the Tenant Contribution shall be reduced accordingly). In addition, if the actual Completion Cost of the Tenant Improvements is greater than the Final Cost Estimate because of Changes requested
by Tenant and not reflected on the approved Working Drawings and Specifications, or because of Tenant Delays, then except to the extent of any unused portion of the Landlord Contribution, Tenant shall pay to Landlord, within 10 days following
submission of an invoice therefor, all such additional costs, including any additional architectural fee. If Tenant defaults in the payment of any sums due under this Work Letter, Landlord shall (in addition to II other remedies) have the same
rights as in the case of Tenant’s failure to pay rent under the Lease. 

  

	 III.
	 DISPUTE RESOLUTION 

 

	 	 A.
	 All claims or disputes between Landlord and Tenant arising out of, or relating to, this Work Letter shall be
resolved by the parties in good faith. 

  

	 	 B.
	 If any claims or disputes between Landlord and Tenant arising out of, or relating to, this Work Letter cannot
be resolved in good faith, the claim or dispute shall be decided by the JAMS/ENDISPUTE (“JAMS”), or its successor, with such arbitration to be held in San Diego County, California, unless the parties mutually agree otherwise. Within
10 business days following submission to JAMS, JAMS shall designate three arbitrators and 

  
 9 

 each party may, within 5 business days thereafter, veto one of the three persons
so designated. If two different designated arbitrators have been vetoed, the third arbitrator shall hear and decide the matter. If less than 2 arbitrators are timely vetoed, JAMS shall select a single arbitrator from the non-vetoed arbitrators originally designated by JAMS, who shall hear and decide the matter. Any arbitration pursuant to this section shall be decided within 30 days of submission to JAMS. The decision of the
arbitrator shall be final and binding on the parties. All costs associated with the arbitration shall be awarded to the prevailing party as determined by the arbitrator. 
  

	 	 C.
	 Notice of the demand for arbitration by either party to the Work Letter shall be filed in writing with the
other party to the Work Letter and with JAMS and shall be made within a reasonable time after the dispute has arisen. The award rendered by the arbitrator shall be final, and judgment may be entered upon it in accordance with applicable law in any
court having jurisdiction thereof. Except by written consent of the person or entity sought to be joined, no arbitration arising out of or relating to this Work Letter shall include, by consolidation, joinder or in any other manner, any person or
entity not a party to the Work Letter unless (1) such person or entity is substantially involved in a common question of fact or law, (2) the presence of such person or entity is required if complete relief is to be accorded in the
arbitration, or (3) the interest or responsibility of such person or entity in the matter is not insubstantial. 

  

	 	 D.
	 The agreement herein among the parties to arbitrate shall be specifically enforceable under prevailing law.
The agreement to arbitrate hereunder shall apply only to disputes arising out of, or relating to, this Work Letter, and shall not apply to other matters of dispute under the Lease except as may be expressly provided in the Lease.

  
 10 

 

 
 EXHIBIT X-1 

  
 1 

 

 
 EXHIBIT Y 

  
 1

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