Document:

Document

Exhibit 10.2

SGI-DNA, INC.
2019 STOCK PLAN
ADOPTED ON MARCH 08, 2019

TABLE OF CONTENTS
												
				Page
				
	SECTION 1. ESTABLISHMENT AND PURPOSE	1
				
	SECTION 2. ADMINISTRATION	1
	(a)		Committees of the Board of Directors	1
	(b)		Authority of the Board of Directors	1
				
	SECTION 3. ELIGIBILITY	1
	(a)		General Rule	1
	(b)		Ten-Percent Stockholders	1
				
	SECTION 4. STOCK SUBJECT TO PLAN	2
	(a)		Basic Limitation	2
	(b)		Additional Shares	2
				
	SECTION 5. TERMS AND CONDITIONS OF AWARDS OR SALES	2
	(a)		Stock Grant or Purchase Agreement	2
	(b)		Duration of Offers and Nontransferability of Rights	2
	(c)		Purchase Price	2
				
	SECTION 6. TERMS AND CONDITIONS OF OPTIONS	3
	(a)		Stock Option Agreement	3
	(b)		Number of Shares	3
	(c)		Exercise Price	3
	(d)		Vesting and Exercisability	3
	(e)		Basic Term	3
	(f)		Termination of Service (Except by Death)	4
	(g)		Leaves of Absence	4
	(h)		Death of Optionee	4
	(i)		Restrictions on Transfer of Options	5
	(j)		No Rights as a Stockholder	5
	(k)		Modification, Extension and Assumption of Options	5
	(l)		Company’s Right to Cancel Certain Options	5
				
	SECTION 7. TERMS AND CONDITIONS OF RESTRICTED STOCK UNITS	6
	(a)		Restricted Stock Unit Agreement	6
	(b)		Payment for Restricted Stock Units	6
	(c)		Vesting Conditions	6

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	(d)		Forfeiture	6
	(e)		Voting and Dividend Rights	6
	(f)		Form and Time of Settlement of Restricted Stock Units	6
	(g)		Death of Recipient	6
	(h)		Creditors’ Rights	6
	(i)		Modification, Extension and Assumption of Restricted Stock Units	7
	(j)		Restrictions on Transfer of Restricted Stock Units	7
				
	SECTION 8. PAYMENT FOR SHARES	7
	(a)		General Rule	7
	(b)		Services Rendered	7
	(c)		Promissory Note	7
	(d)		Surrender of Stock	7
	(e)		Cashless Exercise	7
	(f)		Net Exercise	8
	(g)		Other Forms of Payment	8
				
	SECTION 9. ADJUSTMENT OF SHARES	8
	(a)		General	8
	(b)		Corporate Transactions	8
	(c)		Dissolution or Liquidation	10
	(d)		Reservation of Rights	10
				
	SECTION 10. MISCELLANEOUS PROVISIONS	10
	(a)		Securities Law Requirements	10
	(b)		No Retention Rights	10
	(c)		Treatment as Compensation	10
	(d)		Governing Law	10
	(e)		Conditions and Restrictions on Shares	11
	(f)		Tax Matters	11
				
	SECTION 11. DURATION AND AMENDMENTS; STOCKHOLDER APPROVAL	12
	(a)		Term of the Plan	12
	(b)		Right to Amend or Terminate the Plan	12
	(c)		Effect of Amendment or Termination	12
	(d)		Stockholder Approval	12
				
	SECTION 12. DEFINITIONS	12

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SGI-DNA, INC. 2019 STOCK PLAN
SECTION 1.ESTABLISHMENT AND PURPOSE.
The purpose of this Plan is to attract, incentivize and retain Employees, Outside Directors and Consultants through the grant of Awards.  The Plan provides for the direct award or sale of Shares, the grant of Options to purchase Shares and the grant of Restricted Stock Units to acquire Shares.  Options granted under the Plan may be ISOs intended to qualify under Code Section 422 or NSOs which are not intended to so qualify.
Capitalized terms are defined in Section 12.
SECTION 2.ADMINISTRATION.
(a)Committees of the Board of Directors.  The Plan may be administered by one or more Committees.  Each Committee shall consist, as required by applicable law, of one or more members of the Board of Directors who have been appointed by the Board of Directors.  Each Committee shall have such authority and be responsible for such functions as the Board of Directors has assigned to it.  If no Committee has been appointed, the entire Board of Directors shall administer the Plan.  Any reference to the Board of Directors in the Plan or an Award Agreement shall be construed as a reference to the Committee (if any) to whom the Board of Directors has assigned a particular function.  
(b)Authority of the Board of Directors.  Subject to the provisions of the Plan, the Board of Directors shall have full authority and discretion to take any actions it deems necessary or advisable for the administration of the Plan.  Notwithstanding anything to the contrary in the Plan, with respect to the terms and conditions of awards granted to Participants outside the United States, the Board of Directors may vary from the provisions of the Plan to the extent it determines it necessary and appropriate to do so; provided that it may not vary from those Plan terms requiring stockholder approval pursuant to Section 11(d) below.  All decisions, interpretations and other actions of the Board of Directors shall be final and binding on all Participants and all persons deriving their rights from a Participant.
SECTION 3.ELIGIBILITY.
(a)General Rule.  Employees, Outside Directors and Consultants shall be eligible for the grant of Awards under the Plan.  However, only Employees shall be eligible for the grant of ISOs.  
(b)Ten-Percent Stockholders.  A person who owns more than 10% of the total combined voting power of all classes of outstanding stock of the Company, its Parent or any of its Subsidiaries shall not be eligible for the grant of an ISO unless (i) the Exercise Price is at least 110% of the Fair Market Value of a Share on the Date of Grant and (ii) such ISO by its terms is not exercisable after the expiration of five years from the Date of Grant.  For purposes of this Subsection (b), in determining stock ownership, the attribution rules of Code Section 424(d) shall be applied.

SECTION 4.STOCK SUBJECT TO PLAN.
(a)Basic Limitation.  Not more than _________ Shares may be issued under the Plan, subject to Subsection (b) below and Section 9(a).1  All of these Shares may be issued upon the exercise of ISOs.   The Company, during the term of the Plan, shall at all times reserve and keep available sufficient Shares to satisfy the requirements of the Plan.  Shares offered under the Plan may be authorized but unissued Shares or treasury Shares.
(b)Additional Shares.  In the event that Shares previously issued under the Plan are forfeited to or repurchased by the Company due to failure to vest, such Shares shall be added to the number of Shares then available for issuance under the Plan.  In the event that Shares that otherwise would have been issuable under the Plan are withheld by the Company in payment of the Purchase Price, Exercise Price or withholding taxes, such Shares shall remain available for issuance under the Plan.  In the event that an outstanding Option, Restricted Stock Unit or other right for any reason expires or is canceled, the Shares allocable to the unexercised or unsettled portion of such Option, Restricted Stock Unit or other right shall remain available for issuance under the Plan.  To the extent an Award is settled in cash, the cash settlement shall not reduce the number of Shares remaining available for issuance under the Plan.  Notwithstanding the foregoing, in the case of ISOs, this Subsection (b) shall be subject to any limitations imposed under Section 422 of the Code and the treasury regulations thereunder.
SECTION 5.TERMS AND CONDITIONS OF AWARDS OR SALES.
(a)Stock Grant or Purchase Agreement.  Each award of Shares under the Plan shall be evidenced by a Stock Grant Agreement between the Grantee and the Company.  Each sale of Shares under the Plan (other than upon exercise of an Option) shall be evidenced by a Stock Purchase Agreement between the Purchaser and the Company.  Such award or sale shall be subject to all applicable terms and conditions of the Plan and may be subject to any other terms and conditions which are not inconsistent with the Plan and which the Board of Directors deems appropriate for inclusion in a Stock Grant Agreement or Stock Purchase Agreement.  The provisions of the various Stock Grant Agreements and Stock Purchase Agreements entered into under the Plan need not be identical.
(b)Duration of Offers and Nontransferability of Rights.  Any right to purchase Shares under the Plan (other than an Option) shall automatically expire if not exercised by the Purchaser within 30 days (or such other period as may be specified in the Award Agreement) after the grant of such right was communicated to the Purchaser by the Company.  Such right is not transferable and may be exercised only by the Purchaser to whom such right was granted.
(c)Purchase Price.  The Board of Directors shall determine the Purchase Price of Shares to be offered under the Plan at its sole discretion.  The Purchase Price shall be payable in a form described in Section 8.

1 Please refer to Exhibit A for a schedule of the initial share reserve and any subsequent increases in the reserve.
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SECTION 6.TERMS AND CONDITIONS OF OPTIONS.
(a)Stock Option Agreement.  Each grant of an Option under the Plan shall be evidenced by a Stock Option Agreement between the Optionee and the Company.  The Option shall be subject to all applicable terms and conditions of the Plan and may be subject to any other terms and conditions that are not inconsistent with the Plan and that the Board of Directors deems appropriate for inclusion in a Stock Option Agreement.  The provisions of the various Stock Option Agreements entered into under the Plan need not be identical.
(b)Number of Shares.  Each Stock Option Agreement shall specify the number of Shares that are subject to the Option and shall provide for the adjustment of such number in accordance with Section 9.  The Stock Option Agreement shall also specify whether the Option is an ISO or an NSO.
(c)Exercise Price.  
(i)General.  Each Stock Option Agreement shall specify the Exercise Price, which shall be payable in a form described in Section 8.  Subject to the remaining provisions of this Subsection (c), the Exercise Price shall be determined by the Board of Directors in its sole discretion.
(ii)ISOs.  The Exercise Price of an ISO shall not be less than 100% of the Fair Market Value of a Share on the Date of Grant, and a higher percentage may be required by Section 3(b).  This Subsection (c)(ii) shall not apply to an ISO granted pursuant to an assumption of, or substitution for, another incentive stock option in a manner that complies with Code Section 424(a).
(iii)NSOs.  Except as specifically set forth in this Subsection (c)(iii), the Exercise Price of an NSO shall not be less than 100% of the Fair Market Value of a Share on the Date of Grant.  This Subsection (c)(iii) shall not apply to an NSO granted to a person who is not a U.S. taxpayer on the Date of Grant or to an NSO that is intended either to be exempt from Code Section 409A as a “short-term deferral” or to comply with the requirements of Code Section 409A.  In addition, this Subsection (c)(iii) shall not apply to an NSO granted pursuant to an assumption of, or substitution for, another stock option in a manner that complies with Code Section 409A.
(d)Vesting and Exercisability.  Each Stock Option Agreement shall specify the date when all or any installment of the Option is to become vested and exercisable.  No Option shall be exercisable unless the Optionee (i) has delivered an executed copy of the Stock Option Agreement to the Company or (ii) otherwise agrees to be bound by the terms of the Stock Option Agreement.  The Board of Directors shall determine the vesting and exercisability provisions of the Stock Option Agreement at its sole discretion.  
(e)Basic Term.  The Stock Option Agreement shall specify the term of the Option.  The term shall not exceed 10 years from the Date of Grant, and in the case of an ISO, a shorter term may be required by Section 3(b).  Subject to the preceding sentence, the Board of Directors at its sole discretion shall determine when an Option is to expire.
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(f)Termination of Service (Except by Death).  If an Optionee’s Service terminates for any reason other than the Optionee’s death, then the Optionee’s Options shall expire on the earliest of the following dates:
(i)The expiration date determined pursuant to Subsection (e) above;
(ii)The date three months after the termination of the Optionee’s Service for any reason other than Disability, or such earlier or later date as the Board of Directors may determine (but in no event earlier than 30 days after the termination of the Optionee’s Service); or
(iii)The date six months after the termination of the Optionee’s Service by reason of Disability, or such later date as the Board of Directors may determine.
The Optionee may exercise all or part of the Optionee’s Options at any time before the expiration of such Options under the preceding sentence, but only to the extent that such Options had become exercisable before the Optionee’s Service terminated (or became exercisable as a result of the termination) and the underlying Shares had vested before the Optionee’s Service terminated (or vested as a result of the termination).  In the event that the Optionee dies after the termination of the Optionee’s Service but before the expiration of the Optionee’s Options, all or part of such Options may be exercised (prior to expiration) by the executors or administrators of the Optionee’s estate or by any person who has acquired such Options directly from the Optionee by beneficiary designation, bequest or inheritance, but only to the extent that such Options had become exercisable before the Optionee’s Service terminated (or became exercisable as a result of the termination) and the underlying Shares had vested before the Optionee’s Service terminated (or vested as a result of the termination).  In no event will an Option, or the Shares underlying an Option, become vested and/or exercisable after termination of the Optionee’s Service unless the Board of Directors takes affirmative action or unless expressly provided in a written agreement between the Company and the Optionee.
(g)Leaves of Absence.  For purposes of Subsection (f) above, Service shall be deemed to continue while the Optionee is on a bona fide leave of absence approved by the Company in writing.  
(h)Death of Optionee.  If an Optionee dies while the Optionee is in Service, then the Optionee’s Options shall expire on the earlier of the following dates:
(i)The expiration date determined pursuant to Subsection (e) above; or
(ii)The date 12 months after the Optionee’s death, or such earlier or later date as the Board of Directors may determine (but in no event earlier than six months after the Optionee’s death).
All or part of the Optionee’s Options may be exercised at any time before the expiration of such Options under the preceding sentence by the executors or administrators of the Optionee’s estate 
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or by any person who has acquired such Options directly from the Optionee by beneficiary designation, bequest or inheritance, but only to the extent that such Options had become exercisable before the Optionee’s death (or became exercisable as a result of the death) and the underlying Shares had vested before the Optionee’s death (or vested as a result of the Optionee’s death).  In no event will an Option, or the Shares underlying an Option, become vested and/or exercisable after the Optionee’s death unless the Board of Directors takes affirmative action or unless expressly provided in a written agreement between the Company and the Optionee.
(i)Restrictions on Transfer of Options.  An Option shall be transferable by the Optionee only by (i) a beneficiary designation, (ii) a will or (iii) the laws of descent and distribution, except as provided in the next sentence.  If the Board of Directors so provides, in a Stock Option Agreement or otherwise, an NSO may be transferable to the extent permitted by Rule 701 under the Securities Act.  An ISO may be exercised during the lifetime of the Optionee only by the Optionee or by the Optionee’s guardian or legal representative.  
(j)No Rights as a Stockholder.  An Optionee, or a transferee of an Optionee, shall have no rights as a stockholder with respect to any Shares covered by the Optionee’s Option until such person submits a notice of exercise, pays the Exercise Price and satisfies all applicable withholding taxes pursuant to the terms of such Option.
(k)Modification, Extension and Assumption of Options.  Within the limitations of the Plan, the Board of Directors may modify, reprice, extend or assume outstanding Options or may accept the cancellation of outstanding options (whether granted by the Company or another issuer) in return for the grant of new Options or a different type of award for the same or a different number of Shares and at the same or a different Exercise Price (if applicable).  The foregoing notwithstanding, no modification of an Option shall, without the consent of the Optionee, impair the Optionee’s rights or increase the Optionee’s obligations under such Option; provided, however, that a modification of an Option that is otherwise favorable to the Optionee (for example, providing the Optionee with additional time to exercise the Option after termination of employment or providing for additional forms of payment) but causes the Option to lose its tax-favored status (for example, as an ISO) shall not require the consent of the Optionee.    
(l)Company’s Right to Cancel Certain Options.  Any other provision of the Plan or a Stock Option Agreement notwithstanding, the Company shall have the right at any time to cancel an Option that was not granted in compliance with Rule 701 under the Securities Act.  Prior to canceling such Option, the Company shall give the Optionee not less than 30 days’ notice in writing.  If the Company elects to cancel such Option, it shall deliver to the Optionee consideration with an aggregate value equal to the excess of (i) the Fair Market Value of the Shares subject to such Option as of the time of the cancellation over (ii) the Exercise Price of such Option.  The consideration may be delivered in the form of cash or cash equivalents, in the form of Shares, or a combination of both.  If the consideration would be a negative amount, such Option may be cancelled without the delivery of any consideration.
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SECTION 7.TERMS AND CONDITIONS OF RESTRICTED STOCK UNITS
(a)Restricted Stock Unit Agreement. Each grant of Restricted Stock Units under the Plan shall be evidenced by a Restricted Stock Unit Agreement between the recipient and the Company.  Such Restricted Stock Units shall be subject to all applicable terms and conditions of the Plan and may be subject to any other terms and conditions that are not inconsistent with the Plan and which the Board of Directors deems appropriate for inclusion in a Restricted Stock Unit Agreement.  The provisions of the various Restricted Stock Unit Agreements entered into under the Plan need not be identical. 
(b)Payment for Restricted Stock Units.  No cash consideration shall be required of the recipient in connection with the grant of Restricted Stock Units.
(c)Vesting Conditions.  Each Restricted Stock Unit Agreement shall specify the vesting requirements applicable to the Restricted Stock Units subject thereto, which the Board of Directors shall determine in its sole discretion.    
(d)Forfeiture.  Unless a Restricted Stock Unit Agreement provides otherwise, upon termination of the recipient’s Service and upon such other times specified in the Restricted Stock Unit Agreement, any unvested Restricted Stock Units shall be forfeited to the Company.  
(e)Voting and Dividend Rights.  The holders of Restricted Stock Units shall have no voting rights.  Prior to settlement or forfeiture, any Restricted Stock Unit granted under the Plan may, at the discretion of the Board of Directors, carry with it a right to dividend equivalents.  Such right entitles the holder to be credited with an amount equal to all cash dividends paid on one Share while the Restricted Stock Unit is outstanding.  Dividend equivalents may be converted into additional Restricted Stock Units.  Settlement of dividend equivalents may be made in the form of cash, in the form of Shares, or in a combination of both.  Prior to distribution, any dividend equivalents that are not paid shall be subject to the same conditions and restrictions as the Restricted Stock Units to which they attach.
(f)Form and Time of Settlement of Restricted Stock Units.  Settlement of vested Restricted Stock Units may be made in the form of (i) cash, (ii) Shares or (iii) any combination of both, as determined by the Board of Directors.  The actual number of Restricted Stock Units eligible for settlement may be larger or smaller than the number included in the original award, based on predetermined performance factors.  Vested Restricted Stock Units shall be settled in such manner and at such time(s) as specified in the Restricted Stock Unit Agreement.  Until Restricted Stock Units are settled, the number of Shares represented by such Restricted Stock Units shall be subject to adjustment pursuant to Section 9.
(g)Death of Recipient.  Any Restricted Stock Units that become distributable after the Participant’s death shall be distributed to the Participant’s estate or to any person who has acquired such Restricted Stock Units directly from the recipient by beneficiary designation, bequest or inheritance.  
(h)Creditors’ Rights.  A holder of Restricted Stock Units shall have no rights other than those of a general creditor of the Company.  Restricted Stock Units represent an 
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unfunded and unsecured obligation of the Company, subject to the terms and conditions of the applicable Restricted Stock Unit Agreement.
(i)Modification, Extension and Assumption of Restricted Stock Units.  Within the limitations of the Plan, the Board of Directors may modify, extend or assume outstanding restricted stock units (whether granted by the Company or a different issuer).  The foregoing notwithstanding, no modification of a Restricted Stock Unit shall, without the consent of the Participant, impair the Participant’s rights or increase the Participant’s obligations under such Restricted Stock Unit.
(j)Restrictions on Transfer of Restricted Stock Units.  A Restricted Stock Unit shall be transferable by the Participant only by (i) a beneficiary designation, (ii) a will or (iii) the laws of descent and distribution, except as provided in the next sentence.  In addition, if the Board of Directors so provides, in a Restricted Stock Unit Agreement or otherwise, a Restricted Stock Unit shall also be transferable to the extent permitted by Rule 701 under the Securities Act.   
SECTION 8.PAYMENT FOR SHARES.
(a)General Rule.  The entire Purchase Price or Exercise Price of Shares issued under the Plan shall be payable in cash or cash equivalents at the time when such Shares are purchased, except as otherwise provided in this Section 8.  In addition, the Board of Directors in its sole discretion may also permit payment through any of the methods described in (b) through (g) below.  
(b)Services Rendered.  Shares may be awarded under the Plan in consideration of services rendered to the Company, a Parent or a Subsidiary prior to the award.
(c)Promissory Note.  All or a portion of the Purchase Price or Exercise Price (as the case may be) of Shares issued under the Plan may be paid with a promissory note.  The Shares shall be pledged as security for payment of the principal amount of the promissory note and interest thereon.  The interest rate payable under the terms of the promissory note shall not be less than the minimum rate (if any) required to avoid the imputation of additional interest under the Code.  Subject to the foregoing, the Board of Directors in its sole discretion shall specify the term, interest rate, recourse, amortization requirements (if any) and other provisions of such note.
(d)Surrender of Stock.  All or any part of the Exercise Price may be paid by surrendering, or attesting to the ownership of, Shares that are already owned by the Optionee.  Such Shares shall be surrendered to the Company in good form for transfer and shall be valued at their Fair Market Value as of the date when the Option is exercised.
(e)Cashless Exercise.  All or part of the Exercise Price and any withholding taxes may be paid pursuant to a cashless exercise arrangement (whether through a securities broker or otherwise) established by the Company whereby Shares subject to an Option are sold and all or part of the sale proceeds are delivered to the Company. 
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(f)Net Exercise.  An Option may permit exercise through a “net exercise” arrangement pursuant to which the Company will reduce the number of Shares issued upon exercise by the largest whole number of Shares having an aggregate Fair Market Value (determined by the Board of Directors as of the exercise date) that does not exceed the aggregate Exercise Price or the sum of the aggregate Exercise Price and any withholding taxes (with the Company accepting from the Optionee payment of cash or cash equivalents to satisfy any remaining balance of the aggregate Exercise Price and, if applicable, any additional withholding taxes not satisfied through such reduction in Shares); provided that to the extent Shares subject to an Option are withheld in this manner, the number of Shares subject to the Option following the net exercise will be reduced by the sum of the number of Shares withheld and the number of Shares delivered to the Optionee as a result of the exercise.
(g)Other Forms of Payment.  To the extent that an Award Agreement so provides, the Purchase Price or Exercise Price of Shares issued under the Plan may be paid in any other form permitted by the Delaware General Corporation Law, as amended.
SECTION 9.ADJUSTMENT OF SHARES.
(a)General.  In the event of a subdivision of the outstanding Stock, a declaration of a dividend payable in Shares, a combination or consolidation of the outstanding Stock into a lesser number of Shares, a reclassification, or any other increase or decrease in the number of issued shares of Stock effected without receipt of consideration by the Company, proportionate adjustments shall automatically be made, as applicable, in each of (i) the number and kind of Shares available under Section 4, (ii) the number and kind of Shares covered by each outstanding Option, Award of Restricted Stock Units and any outstanding and unexercised right to purchase Shares that has not yet expired pursuant to Section 5(b),  (iii) the Exercise Price under each outstanding Option and the Purchase Price applicable to any unexercised stock purchase right described in clause (ii) above, and (iv) any repurchase price that applies to Shares granted under the Plan pursuant to the terms of a Company repurchase right under the applicable Award Agreement.  In the event of a declaration of an extraordinary dividend payable in a form other than Shares in an amount that has a material effect on the Fair Market Value of the Stock, a recapitalization, a spin-off, or a similar occurrence, the Board of Directors at its sole discretion may make appropriate adjustments in one or more of the items listed in clauses (i) through (iv) above; provided, however, that the Board of Directors shall in any event make such adjustments as may be required by Section 25102(o) of the California Corporations Code to the extent the Company is relying on the exemption afforded thereunder with respect to an Award.  No fractional Shares shall be issued under the Plan as a result of an adjustment under this Section 9(a), although the Board of Directors in its sole discretion may make a cash payment in lieu of fractional Shares.
(b)Corporate Transactions.  In the event that the Company is a party to a merger or consolidation, or in the event of a sale of all or substantially all of the Company’s stock or assets, all Shares acquired under the Plan and all Awards outstanding on the effective date of the transaction shall be treated in the manner described in the definitive transaction agreement (or, in the event the transaction does not entail a definitive agreement to which the Company is party, in the manner determined by the Board of Directors in its capacity as 
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administrator of the Plan, with such determination having final and binding effect on all parties), which agreement or determination need not treat all Awards (or all portions of an Award) in an identical manner. The treatment specified in the transaction agreement or as determined by the Board of Directors may include (without limitation) one or more of the following with respect to each outstanding Award:
(i)The Company, the surviving corporation or a parent thereof may continue or assume the Award or substitute a comparable award for the Award (including, but not limited to, an award to acquire the same consideration paid to the holders of Shares in the transaction).  For avoidance of doubt, a comparable award need not be the same type of award as the Award for which it is substituted, and, in the case of an Option, need not have the same tax-status (e.g., an NSO may be substituted for an ISO).
(ii)The cancellation of the Award and a payment to the Participant with respect to each Share subject to the portion of the Award that is vested as of the transaction date equal to the excess of (A) the value, as determined by the Board of Directors in its absolute discretion, of the property (including cash) received by the holder of a share of Stock as a result of the transaction, over (if applicable) (B) the per-Share Exercise Price of the Award (such excess, the “Spread”).  Such payment shall be made in the form of cash, cash equivalents, or securities of the surviving corporation or its parent having a value equal to the Spread.  In addition, any escrow, indemnification, holdback, earn-out or similar provisions in the transaction agreement may apply to such payment to the same extent and in the same manner as such provisions apply to the holders of Stock.  Receipt of the payment described in this Subsection (b)(ii) may be conditioned upon the Participant acknowledging such escrow, indemnification, holdback, earn-out or other provisions on a form prescribed by the Company.  If the Spread applicable to an Award is zero or a negative number, then the Award may be cancelled without making a payment to the Participant.   
(iii)Even if the Spread applicable to an Option is a positive number, the Option may be cancelled without the payment of any consideration; provided that the Optionee shall be notified of such treatment and given an opportunity to exercise the Option (to the extent the Option is vested or becomes vested as of the effective date of the transaction) during a period of not less than five (5) business days preceding the effective date of the transaction, unless (A) a shorter period is required to permit a timely closing of the transaction and (B) such shorter period still offers the Optionee a reasonable opportunity to exercise the Option.
(iv)In the case of an Option: (A) suspension of the Optionee’s right to exercise the Option during a limited period of time preceding the closing of the transaction if such suspension is administratively necessary to facilitate the closing of the transaction and/or (B)  termination of any right the Optionee has to exercise the Option prior to vesting in the Shares subject to the Option (i.e., “early 
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exercise”), such that following the closing of the transaction the Option may only be exercised to the extent it is vested.
For the avoidance of doubt, the Board of Directors has discretion to accelerate, in whole or part, the vesting and exercisability of an Award in connection with a corporate transaction covered by this Section 9(b).  
(c)Dissolution or Liquidation.  To the extent not previously exercised or settled, Options, Restricted Stock Units and other rights to purchase Shares shall terminate immediately prior to the liquidation or dissolution of the Company.
(d)Reservation of Rights.  Except as provided in Section 7(e) or this Section 9, a Participant shall have no rights by reason of (i) any subdivision or consolidation of shares of stock of any class, (ii) the payment of any dividend or (iii) any other increase or decrease in the number of shares of stock of any class.  Any issuance by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall not affect, and no adjustment by reason thereof shall be made with respect to, the number or Exercise Price of Shares subject to an Award.  The grant of an Award pursuant to the Plan shall not affect in any way the right or power of the Company to make adjustments, reclassifications, reorganizations or changes of its capital or business structure, to merge or consolidate or to dissolve, liquidate, sell or transfer all or any part of its business or assets.
SECTION 10.MISCELLANEOUS PROVISIONS.
(a)Securities Law Requirements.  Shares shall not be issued under the Plan unless, in the opinion of counsel acceptable to the Board of Directors, the issuance and delivery of such Shares complies with (or is exempt from) all applicable requirements of law, including (without limitation) the Securities Act, the rules and regulations promulgated thereunder, state securities laws and regulations, and the regulations of any stock exchange or other securities market on which the Company’s securities may then be traded.  The Company shall not be liable for a failure to issue Shares as a result of such requirements. Without limiting the foregoing, the Company may suspend the exercise of some or all outstanding Options for a period of up to 60 days in order to facilitate compliance with Securities Act Rule 701(e).
(b)No Retention Rights.  Nothing in the Plan or in any right or Award granted under the Plan shall confer upon the Participant any right to continue in Service for any period of specific duration or interfere with or otherwise restrict in any way the rights of the Company (or any Parent or Subsidiary employing or retaining the Participant) or of the Participant, which rights are hereby expressly reserved by each, to terminate his or her Service at any time and for any reason, with or without cause.
(c)Treatment as Compensation.  Any compensation that an individual earns or is deemed to earn under this Plan shall not be considered a part of his or her compensation for purposes of calculating contributions, accruals or benefits under any other plan or program that is maintained or funded by the Company, a Parent or a Subsidiary.
(d)Governing Law.  The Plan and all awards, sales and grants under the Plan shall be governed by, and construed in accordance with, the laws of the State of Delaware 
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(except its choice-of-law provisions), as such laws are applied to contracts entered into and performed in such State.
(e)Conditions and Restrictions on Shares.  Shares issued under the Plan shall be subject to such forfeiture conditions, rights of repurchase, rights of first refusal, other transfer restrictions and such other terms and conditions as the Board of Directors may determine.  Such conditions and restrictions shall be set forth in the applicable Award Agreement and shall apply in addition to any restrictions that may apply to holders of Shares generally.  In addition, Shares issued under the Plan shall be subject to conditions and restrictions imposed either by applicable law or by Company policy, as adopted from time to time, designed to ensure compliance with applicable law or laws with which the Company determines in its sole discretion to comply including in order to maintain any statutory, regulatory or tax advantage, which (for avoidance of doubt) need not be set forth in the applicable Award Agreement.
(f)Tax Matters.  
(i)As a condition to the award, grant, issuance, vesting, purchase, exercise, settlement or transfer of any Award, or Shares issued pursuant to any Award, granted under this Plan, the Participant shall make such arrangements as the Board of Directors may require or permit for the satisfaction of any federal, state, local or foreign withholding tax obligations that may arise in connection with such event.
(ii)Unless otherwise expressly set forth in an Award Agreement, it is intended that Awards shall be exempt from Code Section 409A, and any ambiguity in the terms of an Award Agreement and the Plan shall be interpreted consistently with this intent.   To the extent an Award is not exempt from Code Section 409A (any such award, a “409A Award”), any ambiguity in the terms of such Award and the Plan shall be interpreted in a manner that to the maximum extent permissible supports the Award’s compliance with the requirements of that statute.  Notwithstanding anything to the contrary permitted under the Plan, in no event shall a modification of an Award not already subject to Code Section 409A, or any subsequent action taken with respect to such Award, be given effect if such modification or action would cause the Award to become subject to Code Section 409A unless the parties explicitly acknowledge and consent to the modification or action as one having that effect. A 409A Award shall be subject to such additional rules and requirements as specified by the Board of Directors from time to time in order for it to comply with the requirements of Code Section 409A.  In this regard, if any amount under a 409A Award is payable upon a “separation from service” to an individual who is considered a “specified employee” (as each term is defined under Code Section 409A), then no such payment shall be made prior to the date that is the earlier of (i) six months and one day after the Participant’s separation from service or (ii) the Participant’s death, but only to the extent such delay is necessary to prevent such payment from being subject to Section 409A(a)(1).  In addition, if a transaction subject to Section 9(b) constitutes a payment event with respect to any 
11

409A Award, then the transaction with respect to such award must also constitute a “change in control event” as defined in Treasury Regulation Section 1.409A-3(i)(5) to the extent required by Code Section 409A.
(iii)Neither the Company nor any member of the Board of Directors shall have any liability to a Participant in the event an Award held by the Participant fails to achieve its intended characterization under applicable tax law.  
SECTION 11.DURATION AND AMENDMENTS; STOCKHOLDER APPROVAL.
(a)Term of the Plan.  The Plan, as set forth herein, shall become effective on the date of its adoption by the Board of Directors, subject to approval of the Company’s stockholders under Subsection (d) below.  The Plan shall terminate automatically 10 years after the later of (i) the date when the Board of Directors adopted the Plan or (ii) the date when the Board of Directors approved the most recent increase in the number of Shares reserved under Section 4 that was also approved by the Company’s stockholders.  The Plan may be terminated on any earlier date pursuant to Subsection (b) below.
(b)Right to Amend or Terminate the Plan.  Subject to Subsection (d) below, the Board of Directors may amend, suspend or terminate the Plan at any time and for any reason.
(c)Effect of Amendment or Termination.  No Shares shall be issued or sold and no Award granted under the Plan after the termination thereof, except upon exercise or settlement of an Award granted under the Plan prior to such termination.  Except as expressly provided in Section 6(k) above, the termination of the Plan, or any amendment thereof, shall not affect any Share previously issued or any Award previously granted under the Plan.
(d)Stockholder Approval.  To the extent required by applicable law, the Plan will be subject to approval of the Company’s stockholders within 12 months of its adoption date. An amendment of the Plan will be subject to the approval of the Company’s stockholders only to the extent required by applicable laws, regulations or rules. 
SECTION 12.DEFINITIONS.
(a)“Award” means any award granted under the Plan, including as an Option, an award of Restricted Stock Units or the grant or sale of Shares pursuant to Section 5 of the Plan.
(b)“Award Agreement” means a Restricted Stock Unit Agreement, Stock Grant Agreement, Stock Option Agreement or Stock Purchase Agreement or such other agreement evidencing an Award under the Plan.
(c)“Board of Directors” means the Board of Directors of the Company, as constituted from time to time.
(d)“Code” means the Internal Revenue Code of 1986, as amended.
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(e)“Committee” means a committee of the Board of Directors, as described in Section 2(a).
(f)“Company” means SGI-DNA, Inc., a Delaware corporation.
(g)“Consultant” means a person, excluding Employees and Outside Directors, who performs bona fide services for the Company, a Parent or a Subsidiary as a consultant or advisor and who qualifies as a consultant or advisor under Rule 701(c)(1) of the Securities Act or under Instruction A.1.(a)(1) of Form S-8 under the Securities Act.
(h)“Date of Grant” means the date of grant specified in the Award Agreement, which date shall be the later of (i) the date on which the Board of Directors resolved to grant the Award or (ii) the first day of the Participant’s Service.
(i)“Disability” means that the Optionee is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment.
(j)“Employee” means any individual who is a common-law employee of the Company, a Parent or a Subsidiary.
(k)“Exchange Act” means the Securities Exchange Act of 1934, as amended.
(l)“Exercise Price” means the amount for which one Share may be purchased upon exercise of an Option, as specified by the Board of Directors in the applicable Stock Option Agreement.
(m)“Fair Market Value” means the fair market value of a Share, as determined by the Board of Directors in good faith.  Such determination shall be conclusive and binding on all persons.
(n) “Grantee” means a person to whom the Board of Directors has awarded Shares under the Plan.
(o)“ISO” means an Option that qualifies as an incentive stock option as described in Code Section 422(b).  Notwithstanding its designation as an ISO, an Option that does not qualify as an ISO under applicable law shall be treated for all purposes as an NSO.  
(p)“NSO” means an Option that does not qualify as an incentive stock option as described in Code Section 422(b) or 423(b).
(q)“Option” means an ISO or NSO granted under the Plan and entitling the holder to purchase Shares.
(r)“Optionee” means a person who holds an Option.
(s)“Outside Director” means a member of the Board of Directors who is not an Employee.
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(t)“Parent” means any corporation (other than the Company) in an unbroken chain of corporations ending with the Company, if each of the corporations other than the Company owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the other corporations in such chain.  A corporation that attains the status of a Parent on a date after the adoption of the Plan shall be considered a Parent commencing as of such date.
(u)“Participant” means the holder of an outstanding Award.
(v)“Plan” means this SGI-DNA, Inc. 2019 Stock Plan.
(w)“Purchase Price” means the consideration for which one Share may be acquired under the Plan (other than upon exercise of an Option), as specified by the Board of Directors.
(x)“Purchaser” means a person to whom the Board of Directors has offered the right to purchase Shares under the Plan (other than upon exercise of an Option).
(y)“Restricted Stock Unit” means a bookkeeping entry representing the equivalent of one Share, as awarded under the Plan.
(z)“Restricted Stock Unit Agreement” means the agreement between the Company and the recipient of a Restricted Stock Unit that contains the terms, conditions and restrictions pertaining to such Restricted Stock Unit.
(aa)“Securities Act” means the Securities Act of 1933, as amended.
(bb)“Service” means service as an Employee, Outside Director or Consultant.  In case of any dispute as to whether and when Service has terminated, the Board of Directors shall have sole discretion to determine whether such termination has occurred and the effective date of such termination.
(cc)“Share” means one share of Stock, as adjusted in accordance with Section 9 (if applicable).
(dd)“Stock” means the Common Stock of the Company.
(ae)“Stock Grant Agreement” means the agreement between the Company and a Grantee who is awarded Shares under the Plan that contains the terms, conditions and restrictions pertaining to the award of such Shares.
(ff)“Stock Option Agreement” means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to the Optionee’s Option.
(gg)“Stock Purchase Agreement” means the agreement between the Company and a Purchaser who purchases Shares under the Plan that contains the terms, conditions and restrictions pertaining to the purchase of such Shares.
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(hh)“Subsidiary” means any corporation (other than the Company) in an unbroken chain of corporations beginning with the Company, if each of the corporations other than the last corporation in the unbroken chain owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the other corporations in such chain.  A corporation that attains the status of a Subsidiary on a date after the adoption of the Plan shall be considered a Subsidiary commencing as of such date.
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EXHIBIT A
SCHEDULE OF SHARES RESERVED FOR ISSUANCE UNDER THE PLAN
																					
	Date of Board Approval		Date of Stockholder Approval		Number of
Shares Added		Cumulative Number of Shares
	March 08, 2019				2,500,000		
							
							
							

SUMMARY OF MODIFICATIONS AND AMENDMENTS TO THE PLAN
The following is a summary of material modifications made to the Plan (including any material deviations from the Gunderson Dettmer precedent form used to create the Plan):
E-1Exhibit 10.1

 

THE DISTRICT

 

1600 DISTRICT AVENUE

 

BURLINGTON, MASSACHUSETTS

 

OFFICE LEASE AGREEMENT

 

BETWEEN

 

NEEP INVESTORS HOLDINGS LLC, a Delaware limited
liability company

(“LANDLORD”)

 

AND

 

BUTTERFLY NETWORK, INC., a Delaware corporation

(“TENANT”)

 

     

     

    

 

OFFICE LEASE AGREEMENT

 

THIS OFFICE LEASE AGREEMENT
(as the same may be hereafter amended, modified, extended or restated from time to time, this “Lease”) is made and
entered into as of May 27, 2021 (the “Effective Date”), by and between NEEP INVESTORS HOLDINGS LLC, a Delaware
limited liability company (“Landlord”), and BUTTERFLY NETWORK, INC., a Delaware corporation (“Tenant”).
The following exhibits and attachments are incorporated into and made a part of this Lease: Exhibit A-1 (Outline and Location
of Premises), Exhibit A-2 (Temporary Space), Exhibit A-3 (Temporary Space Furniture), Exhibit B (Expenses and
Taxes), Exhibit C (Work Letter), Exhibit D (Commencement Letter), Exhibit E (Building Rules and Regulations)
and Exhibit F (Additional Provisions).

 

		1.	Basic Lease Information.

 

		1.01	“Building” shall mean the building located at 1600 District Avenue, Burlington, Massachusetts
01803. “Rentable Square Footage of the Building” is deemed to be 61,138 square feet.

 

		1.02	“Park” shall mean the office park located in Burlington, Massachusetts containing 10
office buildings and related improvements commonly known as “The District,” or such other name by which Landlord may hereafter
elect to have it referred.

 

		1.03	“Premises” shall mean the area shown on Exhibit A-1 to this Lease. The
Premises consists of the entire Building consisting of three (3) full floors. The “Rentable Square Footage of the Premises”
is deemed to be 61,138 rentable square feet. Landlord and Tenant stipulate and agree that the Rentable Square Footage of the Building
and the Rentable Square Footage of the Premises are correct. The Premises exclude the Common Areas (as defined below) except as otherwise
expressly set forth in Section 2 below. If at any time the Premises include less than the entire rentable area of any floor, then the
Premises also exclude the common corridors, elevator lobby and toilets located on such floor. If at any time the Premises include one
or more floors in their entirety, then all corridors and restroom facilities located on such full floor(s) shall be considered part of
the Premises.

 

		1.04	“Base Rent”:

 

    

     

    

 

	Months of Term	 	Annual Rate
 Per Square

                                                                                                                                                                                                                                       Foot
	 	 	Annual 
 Base Rent
	 	 	Monthly Base Rent	 
	Months
                                            1 through 8 (the “Free Base Rent Period”)
 
	 	$	0.00	*	 	$	0.00	*	 	$	0.00	*
	Months 9 through 12
    
	 	$	41.00	 	 	$	2,506.658.00	 	 	$	208,888.17	 
	Months 13 through
    24 
	 	$	42.00	 	 	$	2,567,796.00	 	 	$	213,983.00	 
	Months 25 through
    36 
	 	$	43.00	 	 	$	2,628,934.00	 	 	$	219,077.83	 
	Months 37 through
    48 
	 	$	44.00	 	 	$	2,690,072.00	 	 	$	224,172.67	 
	Months 49 through
    60 
	 	$	45.00	 	 	$	2,751,210.00	 	 	$	229,267.50	 
	Months 61 through
    72 
	 	$	46.00	 	 	$	2,812,348.00	 	 	$	234,362.33	 
	Months 73 through
    84 
	 	$	47.00	 	 	$	2,873,486.00	 	 	$	239,457.17	 
	Months 85 through
    96 
	 	$	48.00	 	 	$	2,934,624.00	 	 	$	244,552.00	 
	Months 97 through
    108 
	 	$	49.00	 	 	$	2,995,762.00	 	 	$	249,646.83	 
	Months 109 through
    120 
	 	$	50.00	 	 	$	3,056,900.00	 	 	$	254,741.67	 
	Months 121 through
    128 
	 	$	51.00	 	 	$	3,118,038.00	 	 	$	259,836.50	 

 

*Notwithstanding anything to the contrary
set forth above, Tenant shall (a) only be entitled to the Free Base Rent Period so long as no monetary default of Tenant exists hereunder
beyond the expiration of applicable notice and cure periods, and (b) pay for its electricity and utilities for the Premises during the
Free Base Rent Period in accordance with the terms and provisions of this Lease.

 

     2

     

    

 

Further notwithstanding anything to
the contrary set forth above: (i) the Annual Rate Per Square Foot during Month 1 through Month 20 (as the term “Month”
is defined below) (the “Reduced Base Rent Period”) shall be based on a hypothetical Rentable Square Footage of
the Premises of 40,000 rentable square feet for the sole purpose of setting forth such Annual Rate Per Square Foot during such
Reduced Base Rent Period only, and not for any other purposes of this Lease, including, without limitation, the actual Rentable
Square Footage of the Premises and Tenant’s Pro Rata Share, all of which shall be based on 61,138 rentable square feet; and
(ii) Tenant shall (x) only be entitled to the Reduced Base Rent Period so long as no monetary default of Tenant exists hereunder
beyond the expiration of applicable notice and cure periods, and (y) pay for its electricity and utilities for the Premises during
the Reduced Base Rent Period in accordance with the terms and provisions of this Lease.

 

As used above, the term “Month”
shall mean each calendar month period beginning on the Commencement Date (as defined below); provided, that (x) if the Commencement Date
does not occur on the first (1st) day of a calendar month, then the first (1st) Month shall include the partial
calendar month during which the Commencement Date occurs plus the entire calendar month following the calendar month during which the
Commencement Date occurs, and (y) the last Month of the initial Term (as defined below) shall end on the Termination Date (as defined
below).

 

		1.05	“Tenant’s Pro Rata Share”: 100%.

 

“Base Year for Taxes”:
Fiscal Year (as defined below) 2023 (i.e., July 1, 2022 to June 30, 2023); “Base Year for Expenses”: Calendar year
2022.

 

For purposes hereof, “Fiscal
Year” shall mean the Base Year for Taxes and each period of July 1 to June 30 thereafter.

 

		1.06	“Term”: The period commencing on the Commencement Date and, unless terminated earlier
in accordance with this Lease, ending on the last day of the one hundred twenty-eighth (128th) full calendar month following
the Commencement Date (the “Termination Date”).

 

		1.07	“Commencement Date”: The earlier of the date upon which (a) Tenant first enters into
possession of all or any material portion of the Premises for the regular conduct of its business (as opposed to preparing the Premises
for Tenant’s occupancy pursuant to Section 3.04 below), or (b) Landlord delivers possession of the Premises to Tenant with the Landlord
Work (as defined below) having achieved Substantial Completion (as defined below) (provided, however, that if Landlord shall be delayed
in Substantially Completing the Landlord Work in the Premises as a result of the occurrence of a Tenant Delay (as defined below), then,
for purposes of determining the Commencement Date, the Substantial Completion Date (as defined below) shall be deemed to be the day that
the Landlord Work would have been Substantially Completed absent any such Tenant Delay).

 

		1.08	“Target Commencement Date”: January 14, 2022, subject to the terms and provisions of
Article 3.

 

     3

     

    

 

		1.09 	“Rent Commencement Date”: The first (1st) day of Month 9; provided, that,
if Tenant shall be in monetary default under this Lease beyond the expiration of applicable notice and cure periods prior to the Rent
Commencement Date, then the Rent Commencement Date shall be deemed to be the Commencement Date.

 

		1.10	“Security Deposit”: $4,000,000.00 in the form of a Letter of Credit as set forth in
Article 6 hereof.

 

		1.11	“Broker”: Cushman & Wakefield, who represented Tenant and Landlord in connection
with this transaction.

 

		1.12	“Permitted Use”: General office use and for no other purpose.

 

		1.13	“Notice Address(es)”:

 

	Landlord:	Tenant:
	 	 
	
    NEEP Investors Holdings LLC

    c/o National Development

    2310 Washington Street

    Newton Lower Falls, MA 02462

    Attn: President

     

    With copies of any notices to Landlord

    sent to:

     

    National Development

    2310 Washington Street

    Newton Lower Falls, MA 02462

    Attn: Richard P. Schwartz, Esq.

     
	
    Prior to the Commencement

    Date:

     

    530 Whitfield Street

    Guilford, CT 06437

     

    From and after the

    Commencement Date:

     

    1600 District Avenue

    Burlington, MA 01803

		1.14	“Business
Day(s)” are Monday through Friday of each week, exclusive of New Year’s Day, President’s Day, Memorial Day, Independence
Day, Labor Day, Thanksgiving Day and Christmas Day (“Holidays”). Landlord may designate additional Holidays that are
commonly recognized by other office buildings in the area where the Building is located with Tenant’s consent not to be unreasonably
withheld, conditioned or delayed. “Building Service Hours” are 8:00 a.m.
to 6:00 p.m. on Business Days and 9:00 a.m.
to 1:00 p.m. on Saturdays.

 

		1.15	“Landlord Work” as defined in Section 3.03 below.

 

		1.16	“Property” means the Building and the parcel(s) of land on which it is located (the
 “Land”) and, at Landlord’s discretion, the parking facilities and other improvements, if any, serving the Building
and the parcel(s) of land on which they are located.

 

		1.17	“Letter of Credit” as described in Article 6 hereof.

 

     4

     

    

 

2.           
Lease Grant.

 

Landlord hereby leases the Premises to Tenant
and Tenant hereby leases the Premises from Landlord. Except as otherwise expressly set forth hereinbelow, Tenant has the non-exclusive
right (subject to the Rules and Regulations (as defined below) from time to time made by Landlord and applicable Law(s) (as defined below))
to use any portions of the Property that are designated by Landlord from time to time for the common use of tenants and others, including
without limitation, exterior walls, common stairways and stairwells, entranceways and lobbies, elevators and elevator wells, fan rooms,
electric and telephone closets (other than those exclusively serving the Premises, if any), janitor closets, freight elevators, and pipes,
ducts, conduits, wires and appurtenant fixtures serving other parts of the Property (exclusively or in common) and other common areas
and facilities from time to time designated as such by Landlord (collectively, the “Common Areas”), including without
limitation, parking as set forth in Exhibit F attached hereto; provided, however, if: (a) any such Common Areas are
located on any floor(s) of the Building that is(are) fully leased by Tenant at such time, then subject to Landlord’s rights and
obligations under this Lease (including, without limitation, pursuant to Section 9.02 and Section 10 below), Tenant shall have the exclusive
use of such Common Areas during such time; and (b) at any time during the Term Tenant is leasing the entire Building, then subject to
(i) Landlord’s rights and obligations under this Lease (including, without limitation, pursuant to Section 9.02 and Section 10 below),
and (ii) the restriction on the number of parking spaces that Tenant is entitled to use pursuant to Exhibit F attached hereto,
Tenant shall otherwise have the exclusive use of all interior and exterior Common Areas at the Property during such time.

 

3.           
Term; Condition of Premises; Landlord Work; Temporary Space.

 

3.01      
The Term of this Lease shall begin at 12:01 a.m. on the Commencement Date and shall end at 11:59 p.m. on the Termination
Date, unless sooner terminated in accordance with the provisions of this Lease.

 

3.02       Tenant
has inspected the Premises and except as expressly set forth in this Lease, agrees to accept the same in their “As Is,”
 “Where Is” condition and configuration without any representations or warranties by Landlord and with no obligation on
the part of Landlord to perform any alterations, improvements or additions in, or to, the Premises, other than the Landlord Work.
Notwithstanding the foregoing or anything to the contrary contained in this Lease, Landlord represents and warrants that, to the
best of Landlord’s knowledge, the Premises shall be delivered to Tenant on or about the Substantial Completion Date in
compliance with all applicable Laws (including, without limitation, the ADA Requirements (as defined below)) with all Building
systems in good working order, condition and repair, and with the Landlord Work having achieved Substantial Completion. By taking
possession of the Premises, Tenant agrees that the Premises are in good order and satisfactory condition, subject only to the
completion, if applicable, of punch list items as set forth below and Landlord’s express representations set forth herein.
Subject to the terms of Section 3.03 below, Tenant shall not be permitted to take possession of or enter the Premises prior to the
Commencement Date without Landlord’s permission. Except as expressly set forth in this Section, Landlord shall not be liable
for any delay or failure to deliver possession of the Premises or any other space due to the holdover or unlawful possession of such
space by another party or other reason, including, without limitation, the three (3) current tenants in the Building, NRP
Investments LLC (“NRP”), Greylock Management Corporation (“Greylock”) and MicroFinancial
Incorporated (“MicroFinancial”), with respect to which Landlord (a) has the right to relocate NRP and Greylock to
space in other buildings in the Park following one hundred twenty (120) days’ prior written notice from Landlord pursuant to
their respective leases, and (b) intends to enter into a termination agreement with MicroFinancial to terminate
MicroFinancial’s lease effective on or before September 1, 2021. Landlord shall use diligent good faith efforts to obtain
possession of such tenants’ respective spaces pursuant to such leases and agreements; provided, that, and notwithstanding the
foregoing: (i) Landlord shall not be liable to Tenant for failing to deliver the Premises, or any portion thereof, to Tenant by any
particular date (including, without limitation, the Target Commencement Date); (ii) any delay in the delivery of the Premises or in
the occurrence of the Commencement Date shall not give rise to any liability or default by Landlord or affect any of the terms of
this Lease or Tenant’s obligation to accept the Premises when delivered, except as expressly set forth in this Section,
Section 3.03 or Exhibit C; and (iii) except as expressly provided in this Lease, Tenant shall not have the right to
terminate this Lease for Landlord’s failure to timely deliver the Premises, or any portion thereof, to Tenant by any
particular date (including, without limitation, the Target Commencement Date), but shall accept delivery of such Premises when
delivered by Landlord with the Landlord Work Substantially Completed.

 

     5

     

    

 

Landlord represents and warrants
to Tenant that, as of the Effective Date, (A) Landlord has not received any written notices of violations of Environmental Laws (as defined
on Exhibit E) relating to Hazardous Materials (as defined on Exhibit E) with respect to the Building, and (B) to the actual
knowledge of Landlord (as distinguished from implied, imputed or constructive knowledge, without inquiry or investigation or duty thereof),
which actual knowledge is based solely on the environmental site assessment report that was prepared for Landlord in connection with
Landlord’s acquisition of the Building, there are no Hazardous Materials that, as of the Effective Date, have a material negative
impact on the Premises or Tenant’s ability to safely use and occupy the Premises for the Permitted Use. Landlord hereby acknowledges
and agrees that (x) Tenant shall not be responsible for any claims, damages, fines, judgments, penalties, reasonable costs, losses, liabilities
and expenses (including, without limitation, reasonable attorneys’, consultants’, and experts’ fees) under this Lease
attributable to any Hazardous Materials placed, present, released, discharged or disposed of on, in, under, at or about the Building as
of the Effective Date (“Pre-Existing Hazardous Materials”) other than to the extent placed on, in, under, at, about
or released, discharged or disposed of by Tenant or any Tenant Related Parties (as defined below), and (y) in the event that there are
any Pre-Existing Hazardous Materials affecting the Premises, Landlord shall remediate, cleanup and remove the same in accordance with
applicable Environmental Laws at Landlord’s sole cost and expense (including, without limitation, any Pre-Existing Hazardous Materials
discovered by Tenant in connection with any Alterations (as defined below) performed by Tenant during the Term of this Lease, which Tenant
shall notify Landlord of in writing promptly following Tenant becoming aware of the same).

 

3.03       Landlord
shall perform the Landlord Work pursuant to the Work Letter attached hereto as Exhibit C and, subject to Force Majeure
(as defined below) and Tenant Delay, shall use commercially reasonable efforts to cause the Commencement Date to occur on or about
the Target Commencement Date, but without penalty, cost or liability to Landlord in connection with any failure to do so except as
expressly set forth in this Lease. The Landlord Work shall be deemed to be Substantially Completed (and Substantial Completion shall
be deemed to have occurred) on the later to occur of the date that (a) Landlord and Tenant, acting reasonably and in good faith,
determine that all Landlord Work in such space has been performed (or would have been performed absent any Tenant Delay), other than
any details of construction, mechanical adjustment or any other matter, the non-completion of which does not materially interfere
with Tenant's use of the Premises for the Permitted Use (i.e., so-called “punch list” items which shall be completed
within sixty (60) days following Landlord’s and Tenant’s agreement on such “punch list” pursuant to this
Section 3.03 below), and (b) Landlord receives from the appropriate Governmental Authorities (as defined below) with respect to the
Landlord Work performed by Landlord or its contractors in the Premises, and delivers to Tenant with respect to the Landlord Work, a
temporary or permanent certificate of occupancy, if required by applicable Law, or if not required by applicable Law, all approvals
or other “sign offs” required by applicable Law necessary for Tenant’s lawful use and occupancy of the Premises
for the Permitted Use (such date being referred to hereunder as the “Substantial Completion Date,” the
satisfaction of such conditions being referred to hereunder as “Substantial Completion” and the Landlord Work
that has achieved Substantial Completion shall be deemed to have been “Substantially Completed”).

 

     6

     

    

 

Notwithstanding anything
contained herein to the contrary, if, despite Landlord’s good faith and commercially reasonable efforts, for any reason other
than Force Majeure and Tenant Delay, the Landlord Work has not been Substantially Completed and the Commencement Date has not
occurred on or prior to the: (A) Target Commencement Date and at least thirty (30) days have elapsed since the Target Commencement
Date without the Landlord Work having been Substantially Completed and the Commencement Date occurring (subject, in each case, to
Force Majeure and Tenant Delay), then, commencing on the Rent Commencement Date, Tenant shall be entitled to one (1) day of
additional free Base Rent on the entire Premises (in addition to the waiver of Base Rent during the Free Base Rent Period) for each
day that elapses during the period beginning on the day immediately following such thirty (30) day period (the “First Base
Rent Abatement Date”) and ending on the day immediately preceding the date that the Commencement Date occurs (but not on
or after the Second Base Rent Abatement Date (as defined below) should such Second Base Rent Abatement Date occur as set forth
hereinbelow) (the “First Base Rent Abatement Period”); (B) date that is sixty (60) days following the Target
Commencement Date, then, commencing on the day immediately following the expiration of the First Base Rent Abatement Period (the
 “Second Base Rent Abatement Date”), Tenant shall be entitled to one and one-half (1.5) days of additional free
Base Rent on the entire Premises (in addition to the waiver of Base Rent during the Free Base Rent Period and the First Base Rent
Abatement Period) for each day that elapses during the period beginning on the day immediately following the First Base Rent
Abatement Period and ending on the day immediately preceding the date that the Commencement Date occurs; and (C) date that is one
hundred sixty-five (165) days following the Target Commencement Date, then, as Tenant’s sole and exclusive remedy at law and
in equity (in addition to the waiver of Base Rent during the Free Base Rent Period if Tenant elects not to terminate this Lease as
set forth hereinbelow), Tenant shall have the right to terminate this Lease upon ten (10) days’ prior written notice to
Landlord without further liability hereunder (except for any obligations which, by the express terms and provisions of this Lease,
expressly survive the termination of this Lease) unless Landlord, within such ten (10) day period, causes the Landlord Work to be
Substantially Completed in which event Tenant’s exercise of such termination right shall be null, void and of no further force
or effect and this Lease shall continue in full force and effect pursuant to its terms. Further notwithstanding the foregoing to the
contrary, if, despite Landlord’s good faith and commercially reasonable efforts, for any reason other than Force Majeure and
Tenant Delay, the Landlord Work has not been Substantially Completed and the Commencement Date has not occurred on or prior to the
thirtieth (30th) day following the Target Commencement Date, then, in addition to the Temporary Space (as defined below),
Landlord shall provide additional temporary space to Tenant in the Park of reasonably comparable size, quality and utility as the
Temporary Space (if applicable, the “Additional Temporary Space”), which Additional Temporary Space shall be
subject to the same terms and provisions as Section 3.06 below with respect to the Temporary Space, mutatis, mutandis; provided, however, that:
(1) if the Additional Temporary Space is located within a larger un-demised space, then Tenant shall only be entitled to use the
portion of such un-demised space that constitutes the Additional Temporary Space as shown on a floor plan to be provided by Landlord
at such time; and (2) in no event shall (i) such Additional Temporary Space, when combined with the Temporary Space, exceed 20,000
rentable square feet of space in the aggregate, (ii) Tenant be entitled to use more than 3.25 non-designated parking spaces per
1,000 rentable square feet of the Additional Temporary Space in the parking areas serving the building within which such Additional
Temporary Space is located, and (iii) Landlord be obligated to provide any Temporary Space Furniture (as defined below) with respect
to the Additional Temporary Space other than any existing furniture that is owned by Landlord and is then available for use by
Tenant in the Additional Temporary Space as of Tenant’s occupancy of the Additional Temporary Space as reasonably determined
and coordinated by and between Landlord and Tenant promptly following Landlord’s and Tenant’s determination that the
Additional Temporary Space will be utilized by Tenant hereunder.

 

     7

     

    

 

Tenant's acceptance of possession
of the Premises shall be subject to Landlord's obligation to complete any aspects of the Landlord Work as may be set forth on a construction
 “punch list” prepared by Landlord and Tenant acting reasonably and in good faith in accordance with the terms and provisions
hereof. Within ten (10) days after Substantial Completion of the Landlord Work in the Premises, Landlord and Tenant shall together conduct
an inspection of the Premises and prepare a "punch list" setting forth any portions of the Landlord Work that are not in conformity
with the Landlord Work as required by the terms and provisions of this Lease; provided, that, at Landlord’s request, such construction
 “punch list” shall be mutually prepared by Landlord and Tenant, acting reasonably and in good faith, prior to the date on
which Tenant first begins to move its furniture, equipment or other personal property into any such portion of the Premises. Landlord,
as part of the Landlord Work, shall use diligent and good faith commercially reasonable efforts to complete all such “punch list”
items as soon as is reasonably practicable following the preparation of the “punch list”, but in no event later than sixty
(60) days following Substantial Completion to the extent that, based on the nature of such punch list items, such punch list items can
be reasonably completed during such period(s)) following the preparation of such “punch list” and Tenant shall provide Landlord
with access to the Premises for the completion of such work.

 

3.04      
If Tenant is permitted by Landlord to take possession of the Premises before the Commencement Date, then such possession shall
be subject to the terms and conditions of this Lease, and Tenant shall pay Base Rent and Additional Rent applicable to the Premises to
Landlord for each day of possession prior to the Commencement Date for same. Notwithstanding the foregoing, provided such access does
not materially interfere with the performance of or otherwise delay the Landlord Work (in which case, such interference or delay shall
constitute a Tenant Delay), Tenant shall have access to (on a non-exclusive basis) the Premises (a) during the period that is thirty (30)
days prior to the Commencement Date for the sole purpose of installing Tenant’s telephone and data cabling, furniture, fixtures,
equipment or other personal property (collectively, “Tenant’s Tel/Data, Fixtures and Furniture”), and (b) prior
to the Commencement Date to inspect Landlord’s progress of the Landlord Work upon not less than two (2) Business Days’ prior
notice to Landlord, and in any such cases, Tenant shall not be required to pay Rent for (except for the cost of any electricity and other
building services consumed and/or requested by Tenant during any such period, including without limitation, heating, ventilation and air
conditioning services for the Premises) in connection with any such access, which obligation to pay Rent shall commence on the Rent Commencement
Date.

 

3.05       Promptly
following the date on which the Commencement Date has been determined, Landlord and Tenant shall execute and deliver a commencement
letter in substantially the form attached hereto as Exhibit D (the “Commencement Letter”), which
Commencement Letter shall memorialize the Commencement Date, the Rent Commencement Date and the Termination Date. Tenant’s
failure to execute and return the Commencement Letter to Landlord within thirty (30) days following the date on which Landlord
delivers such Commencement Letter to Tenant (or to provide Landlord with written notice of Tenant’s reasonable good faith
objections thereto and thereafter diligently and in good faith attempt to resolve such objections and execute and return the
Commencement Letter) shall be deemed an approval by Tenant of the statements contained therein.

 

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3.06      
During the period commencing on the Effective Date and ending on the date that is ten (10) Business Days after the date the Landlord
Work is Substantially Completed (such period being referred to herein as the "Temporary Space Term"), Landlord shall
allow Tenant to use Suite 390 consisting of approximately 12,000 rentable square feet of space located on the third (3rd) floor
of the building known as and numbered 800 District Avenue as shown on Exhibit A-2 of this Lease (the "Temporary Space")
for the Permitted Use. During the Temporary Space Term, the Temporary Space shall be deemed to be part of the “Premises” for
purposes of Article 13 (Indemnity and Waiver of Claims) of the Lease. Such Temporary Space (and any Temporary Space Furniture) shall be
accepted by Tenant in its “As Is,” “Where Is” condition and configuration, it being agreed that Landlord shall
be under no obligation to perform any work in the Temporary Space or to incur any costs in connection with Tenant’s move in, move
out or occupancy of the Temporary Space; provided, however, that, Tenant shall be entitled to the use of (a) the existing furniture in
the Temporary Space as of the Effective Date which is listed under the heading “Building 800” on Exhibit A-3 attached
hereto, and (b) any other existing furniture that is owned by Landlord and is then available for use by Tenant in the Temporary Space
as of the Effective Date, which is listed under the headings “Building 1600” and “Building 2400” on Exhibit
A-3 attached hereto, as reasonably determined and coordinated by and between Landlord and Tenant promptly following the Effective
Date (collectively, the “Temporary Space Furniture”), in each case subject to the terms and provisions set forth hereinbelow.
Tenant acknowledges that it shall be entitled to use and occupy the Temporary Space (including, without limitation, the Temporary Space
Furniture) at its sole cost, expense and risk. Tenant shall be solely responsible for any and all costs and expenses attributable to Tenant’s
use and occupancy of the Temporary Space in excess of typical office usage, such as (by way of illustration and not limitation) additional
Building services requested by Tenant, including, without limitation, overtime HVAC usage, in accordance with the terms of this Lease.
Tenant shall not construct any improvements or make any alterations of any type to the Temporary Space without the prior written consent
of Landlord, which may be granted or withheld in Landlord’s sole discretion. All costs and expenses in connection with making the
Temporary Space ready for occupancy by Tenant, including, without limitation, the installation of any Cable (as defined in Section 9.01
and which Cable shall be subject to the terms and provisions of this Lease) shall be the sole responsibility of Tenant. Notwithstanding
the foregoing, Landlord shall have the right during the Temporary Space Term, upon at least ten (10) Business Days’ prior written
notice to Tenant, to relocate Tenant to other space in the Park of reasonably comparable size, quality and utility if Landlord enters
into one or more letters of intent with one or more third party tenants to lease or occupy all or any portion of the Temporary Space.

 

The Temporary Space
shall be subject to all of the terms and conditions of this Lease except as expressly modified herein, and except that (i) Tenant
shall not be entitled to receive any allowance, abatement or other financial concession in connection with the Temporary Space which
was granted with respect to the Premises unless such concessions are expressly provided for herein with respect to the Temporary
Space, (ii) the Temporary Space shall not be subject to any renewal, extension or expansion rights of Tenant under this Lease, (iii)
Tenant shall be entitled to 3.25 non-designated parking spaces per 1,000 rentable square feet of the applicable Temporary Space in
the parking areas described in Section I of Exhibit F attached hereto (as opposed to the number of non-designated parking
spaces and reserved parking spaces set forth in Section I of Exhibit F), but otherwise in accordance with and subject to the
terms and provisions of Section I of Exhibit F), (iv) Tenant shall not be required to pay Base Rent for the Temporary Space
during the Temporary Space Term, and (v) Tenant shall not be required to pay Tenant’s Pro Rata Share of Expenses or Taxes for
the Temporary Space during the Temporary Space Term; provided, that, Tenant shall be required to pay for Tenant’s electric
usage for the Temporary Space at a rate of $1.50 per square foot per annum and $1.00 per square foot for janitorial and cleaning per
annum.

 

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Upon the expiration or earlier
termination of the Temporary Space Term, Tenant shall vacate, yield up and surrender the Temporary Space and the Temporary Space Furniture
and deliver the same to Landlord in the same condition that the Temporary Space and the Temporary Space Furniture was delivered to Tenant,
ordinary wear and tear excepted, and otherwise in accordance with Article 25. At the expiration or earlier termination of the Temporary
Space Term, Tenant shall remove all debris, all items of Tenant's personalty, and any trade fixtures of Tenant from the Temporary Space
(excluding, however, the Temporary Space Furniture). Tenant shall be fully liable for all damage that Tenant, any Tenant Related Parties
or any of Tenant's contractors or subcontractors cause to the Temporary Space or the Temporary Space Furniture.

 

Tenant shall have no right
to hold over or otherwise occupy the Temporary Space at any time following the expiration or earlier termination of the Temporary Space
Term, and in the event of such holdover, Landlord shall immediately be entitled to institute dispossessory proceedings to recover possession
of the Temporary Space, without first providing notice thereof to Tenant. In the event of holding over by Tenant after the expiration
or earlier termination of the Temporary Space Term without the written authorization of Landlord, Tenant shall pay, for such holding over,
the amount of $1,400.00 for each day of holdover. In addition, if Landlord is unable to deliver possession of the Temporary Space to a
new tenant or perform improvements for a new tenant of the Temporary Space as a result of Tenant’s holdover and Tenant fails to
vacate, yield up and surrender the Temporary Space and deliver the same to Landlord in the condition required hereinabove upon the expiration
or earlier termination of the Temporary Space Term, then Tenant shall be liable for all damages, including, without limitation, any consequential
damages, that Landlord incurs as a result of the Tenant's holdover. During any such period of holdover, Tenant’s occupancy of the
Temporary Space shall be deemed that of a tenant at sufferance, and in no event, either during the Temporary Space Term or during any
holdover by Tenant, shall Tenant be determined to be a tenant-at-will under applicable Law. While Tenant is occupying the Temporary Space,
Landlord or Landlord's authorized agents shall be entitled to enter the Temporary Space, upon reasonable notice of no less than 24 hours
(which may be by email to Tenant’s designated representative for such purposes), to display the Temporary Space to prospective tenants.

 

4.           
Rent.

 

4.01       From
and after the Rent Commencement Date, Tenant shall and hereby covenants to pay to Landlord, without any setoff or deduction, unless
expressly set forth in this Lease, all Base Rent and Additional Rent (as defined below) due for the Term (collectively referred to
as “Rent”). “Additional Rent” means all sums (exclusive of Base Rent) that Tenant is required
to pay Landlord under this Lease. Tenant shall pay and be liable for all rental, sales and use taxes (but excluding income taxes),
if any, imposed upon or measured by Rent. Base Rent and recurring monthly charges of Additional Rent shall be due and payable in
advance on the first (1st) day of each calendar month without notice or demand. All other items of Rent shall be due and
payable by Tenant on or before thirty (30) days after billing by Landlord. Rent shall be made payable to the entity and sent to the
address that Landlord designates and shall be made by good and sufficient check payable in United States of America currency or by
other means designated by Landlord from time to time. If Tenant does not pay any Rent when due hereunder, Tenant shall pay Landlord
an administration fee in the amount of $500.00; provided, that, Tenant shall be entitled to a grace period of up to five (5) days
for the first two (2) late payments of Rent in a calendar year. In addition, past due Rent not paid within five (5) days of when due
shall accrue interest at the rate of five percent (5%) per annum, and Tenant shall pay Landlord a reasonable fee for any checks
returned by Tenant’s bank for any reason. Nothing in this paragraph shall be deemed to waive or condition any claim of Default
(as defined below) by Landlord for Tenant’s failure to timely pay Rent, which is governed by Article 18, below.
Landlord’s acceptance of less than the correct amount of Rent shall be considered a payment on account of the oldest
obligation due from Tenant hereunder, then to any current Rent then due hereunder, notwithstanding any statement to the contrary
contained on or accompanying any such payment from Tenant. Rent for any partial month during the Term shall be prorated on a per
diem basis. No endorsement or statement on a check or letter accompanying payment shall be considered an accord and satisfaction.
Tenant’s obligation so to pay Rent under this Lease shall be absolute, unconditional, and independent and shall not be
discharged or otherwise affected by any law or regulation now or hereafter applicable to the Premises, or any other restriction on
Tenant’s use or, except as expressly provided in this Lease, any Casualty or Taking (as such terms are defined in Articles 15
and 17 below, respectively), or, except as expressly provided in this Lease, any failure by Landlord to perform or other occurrence,
and Tenant waives all rights now or hereafter existing to terminate, quit or surrender this Lease or the Premises or any part
thereof or to assert any defense in the nature of constructive eviction to any action seeking to recover Rent.

 

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4.02      
Tenant shall pay Tenant’s Pro Rata Share of Expense Excess and Tax Excess in accordance with Exhibit B of this Lease.

 

		5.	Compliance with Laws; Use.

 

The Premises shall be
used for the Permitted Use and for no other use whatsoever. From and after the Commencement Date and subject to the terms of this
paragraph, Tenant shall comply with all laws, statutes, codes, ordinances, orders, rules and regulations of any municipal,
governmental or quasi-governmental entities, bodies, agencies, departments, boards, offices, commissions or authorities possessing
or claiming jurisdiction with regard to Tenant or the Property (each, a “Governmental Authority”) whether in
effect now or later, including without limitation, the Americans with Disabilities Act (the “ADA Requirements”)
and the rules and regulations of the Massachusetts Architectural Access Board (as any of the same may be amended or modified from
time to time, collectively, “Law(s)”), regarding the operation of Tenant’s business, the use, condition,
configuration and occupancy of the Premises and the Building systems located in or exclusively serving the Premises. In addition,
Tenant shall, at its sole cost and expense, promptly comply with any Laws that relate to the Base Building (as defined below), but
only to the extent such obligations are triggered by Tenant’s use of the Premises, other than for general office use, or
Alterations (as defined in Section 9.03 below) or improvements in the Premises performed or requested by Tenant. “Base
Building” shall include the structural portions of the Building, the public restrooms and the Building mechanical,
electrical and plumbing systems and equipment located in the internal core of the Building on the floor or floors on which the
Premises are located. Tenant shall promptly provide Landlord with copies of any notices it receives regarding an actual or alleged
violation of Law. Tenant shall comply with the reasonable rules and regulations of the Building attached as Exhibit E
and such other reasonable rules and regulations adopted by Landlord from time to time, including rules and regulations for the
performance of Alterations, provided in each case Tenant has been given a copy of the same in advance of applicability and provided
further that the same do not materially increase Tenant’s obligations or materially decrease Tenant’s rights under this
Lease (collectively, the “Rules and Regulations”). All such changes to the Rules and Regulations will be sent by
Landlord to Tenant in writing. In the event of a conflict between the Rules and Regulations and the terms of this Lease, the terms
of this Lease shall control. Landlord shall not knowingly enforce the Rules and Regulations against Tenant in a discriminatory
manner. Tenant shall not knowingly use or operate the Premises in any manner that will cause the Building or any part thereof not to
conform with Landlord’s sustainability practices or the certification of the Building issued pursuant to any Third Party
Sustainability Standard (as defined in Exhibit B) applicable to the Building at any time as determined by Landlord.

 

Tenant covenants and agrees,
at its sole cost and expense: (a) to comply with all present and future Laws regarding the collection, sorting, separation and recycling
of garbage, trash, rubbish and other refuse (collectively, “trash”); (b) to comply with Landlord’s recycling policy
as part of Landlord’s sustainability practices where it may be more stringent than applicable Law; and (c) that Tenant shall pay
all costs, expenses, fines, penalties or damages that may be imposed on Landlord or Tenant by reason of Tenant’s failure to comply
with the provisions of this Section. Tenant shall provide Landlord annually or at such other times as Landlord may reasonably request
with waste manifests for all waste that left the Building under Tenant’s control.

 

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6.           
Security Deposit.

 

The Security Deposit shall
be delivered to Landlord upon the execution of this Lease by Tenant and held by Landlord without liability for interest (unless required
by Law) as security for the performance of Tenant’s obligations under this Lease. The Security Deposit is not an advance payment
of Rent or a measure of damages. If Tenant is in Default, Landlord may from time to time and without prejudice to any other remedy provided
in this Lease or by Law, use all or a portion of the Security Deposit to the extent necessary to satisfy past due Rent or to satisfy any
other loss or damage resulting from Tenant’s breach under this Lease. If Landlord uses any portion of the Security Deposit, Tenant
shall, within five (5) days after demand, restore the Security Deposit to its original amount. Landlord shall return any unapplied portion
of the Security Deposit to Tenant within thirty (30) days after the later to occur of: (a) determination of the final Rent due from
Tenant; (b) the Termination Date; or (c) the date that Tenant surrenders the Premises to Landlord in compliance with Article 25.
Landlord shall assign the Security Deposit to a successor or transferee and, following such assignment, Landlord shall have no further
liability for the return of the Security Deposit. Landlord shall not be required to keep the Security Deposit separate from its other
accounts.

 

Notwithstanding anything
in this Article 6 to the contrary, Tenant shall satisfy the requirement of delivery of the Security Deposit by the delivery to
Landlord, no later than thirty (30) days following the Effective Date, of an unconditional and irrevocable letter of credit
("Letter of Credit") in the amount of the Security Deposit set forth in Section 1.10 above, and in a form
acceptable to Landlord in its sole discretion. The Letter of Credit shall be issued by a bank satisfactory to Landlord and located
in Boston, Massachusetts or Burlington, Massachusetts (the “Issuing Bank”). Landlord hereby approves Bank of
America as the Issuing Bank of the initial Letter of Credit. Tenant shall ensure that at all times after the execution and delivery
of this Lease until sixty (60) days after the Termination Date, as the same may be extended, an unexpired Letter of Credit in the
amount of the Security Deposit set forth in Section 1.10 above shall be in the possession of Landlord. The Letter of Credit shall
contain a so-called "evergreen" clause providing that the Letter of Credit shall not be canceled or otherwise revoked
unless the Issuing Bank delivers at least sixty (60) days' prior written notice to Landlord, whereupon Landlord shall be entitled to
draw on the full amount of the Letter of Credit and hold the proceeds thereof as the Security Deposit hereunder until Tenant
delivers a replacement Letter of Credit to Landlord satisfying the terms and conditions hereof as required hereinbelow. Tenant shall
deliver to Landlord, no later than thirty (30) days prior to the expiry date of the then outstanding and expiring Letter of Credit,
a replacement Letter of Credit satisfying the terms and conditions hereof. Landlord shall be entitled to draw on the Letter of
Credit: (a) if Tenant fails to deliver any replacement Letter of Credit as required hereinabove, in which event Landlord shall be
permitted to retain the entire proceeds of such Letter of Credit for application as the Security Deposit hereunder until such
replacement Letter of Credit satisfying the terms and conditions hereof is delivered to Landlord; (b) to cure or attempt to cure, in
whole or in part, any Default by Tenant under this Lease, in which event Tenant shall replenish the amount so drawn upon demand by
Landlord; or (c) if the (i) credit rating of the long-term debt of the Issuing Bank (according to Moody's or similar national rating
agency) is downgraded to a grade below investment rate, (ii) Issuing Bank enters into any supervisory agreement with any
Governmental Authority, or (iii) Issuing Bank fails to meet any capital requirements imposed by applicable Law unless, in the case
of (i), (ii) or (iii), Tenant delivers to Landlord a replacement Letter of Credit complying with the terms of this Lease within ten
(10) days after demand therefor from Landlord. Failure by the Issuing Bank to honor a draw request on the Letter of Credit shall be
a Default under the terms of this Lease entitling Landlord to exercise its remedies hereunder. Each Letter of Credit shall be for
the benefit of Landlord and its successors and assigns and shall entitle Landlord or its successors or assigns to draw from time to
time under the Letter of Credit in portions or in whole upon presentation of a sight draft and statement by Landlord that Landlord
is entitled to draw thereunder pursuant to the terms and provisions of this Lease. Landlord shall have an unrestricted right to
transfer the Letter of Credit at any time and to any party selected by Landlord. Tenant shall pay any transfer commission (fee) and
all other costs (hereinafter collectively referred to as the "Transfer Fee") which may be imposed by the Issuing
Bank for the transfer of the Letter of Credit by Landlord. Tenant's failure to pay the Transfer Fee as and when due shall constitute
a Default under this Lease and Landlord shall have the right to pursue any and all remedies provided to Landlord under this Lease,
in equity and at law.

 

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Notwithstanding the
foregoing terms and provisions of this Article 6: (A) so long as (v) no Default by Tenant has occurred or then exists under this
Lease, (w) during the twelve (12) month period immediately preceding the effective date of any such reduction Tenant has timely paid
all Rent due under this Lease (within any applicable cure or grace period), (x) Tenant is then in occupancy of at least fifty
percent (50%) of the Rentable Square Footage of the Premises and no more than fifty percent (50%) of the Rentable Square Footage of
the Premises is then sublet (other than to an Affiliate, as that term is defined in Section 11.04 below) in each case as of the
effective date of any such reduction, (y) the fourth (4th) anniversary of the Commencement Date has occurred, and (z)
Tenant’s then current financial statements delivered to Landlord in accordance with Section 26.06 below evidence that Tenant
has EBITDA (i.e., earnings before interest, tax, depreciation and amortization) of at least $20,000,000.00 as determined in
accordance with generally accepted accounting principles consistently applied (“GAAP”), then Tenant shall have
the right to reduce the amount of the Security Deposit to $2,000,000.00 pending any further reduction of the Security Deposit as set
forth hereinbelow; and (B) so long as (1) no Default by Tenant has occurred or then exists under this Lease, (2) during the twelve
(12) month period immediately preceding the effective date of any such reduction Tenant has timely paid all Rent due under this
Lease (within any applicable cure or grace period), (3) Tenant is then in occupancy of at least fifty percent (50%) of the Rentable
Square Footage of the Premises and no more than fifty percent (50%) of the Rentable Square Footage of the Premises is then sublet
(other than to an Affiliate, as that term is defined in Section 11.04 below) in each case as of the effective date of any such
reduction, (4) the fourth (4th) anniversary of the Commencement Date has occurred, and (5) Tenant’s then current
financial statements delivered to Landlord in accordance with Section 26.06 below evidence that Tenant has EBITDA (i.e., earnings
before interest, tax, depreciation and amortization) of at least $30,000,000.00 as determined in accordance with GAAP, then Tenant
shall have the right to reduce the amount of the Security Deposit to $750,000.00 pending any further reduction of the Security
Deposit as set forth hereinbelow. If the Security Deposit is being held in the form of cash and not in the form of a Letter of
Credit, then so long as the foregoing conditions applicable to the respective reduction in clause (A) or clause (B) (as applicable
depending on the respective reduction) hereinabove are satisfied, within thirty (30) days following Tenant’s written notice to
Landlord that it is entitled to any of the applicable and foregoing reductions of the Security Deposit as provided hereinabove,
Landlord shall return the applicable portion of the Security Deposit to Tenant so that the remaining portion of the Security Deposit
held by Landlord hereunder equals the applicable reduced Security Deposit amount. If the Security Deposit is in the form of a Letter
of Credit, then Tenant shall cause either a replacement Letter of Credit in the applicable reduced amount of the Security Deposit or
an amendment of the then existing Letter of Credit reflecting the applicable reduced amount of the Security Deposit, and in each
case otherwise satisfying all of the above conditions of this Article 6, to be delivered to Landlord whereupon Landlord shall,
promptly following its receipt of such replacement Letter of Credit, return the original Letter of Credit then being held by
Landlord to Tenant. Notwithstanding anything to the contrary set forth herein, in no event shall the Security Deposit or Letter of
Credit be in an amount less than $750,000.00.

 

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7.           
Building Services.

 

7.01       Landlord
shall furnish Tenant with the following services during the Term: (a) water for use in the Base Building lavatories;
(b) customary heat and air conditioning in season during Building Service Hours, although (i) Tenant shall have the right
to receive HVAC service during hours other than Building Service Hours by paying Landlord’s then standard charge for
additional HVAC service and providing such prior notice as is reasonably specified by Landlord (Landlord’s current charge for
afterhours HVAC is $75.00 per hour, subject to change by Landlord from time to time), and (ii) if Tenant is permitted to
connect any supplemental HVAC units to the Building’s condenser water loop or chilled water line, such permission shall be
conditioned upon Landlord having adequate excess capacity from time to time and such connection and use shall be subject to
Landlord’s reasonable approval and reasonable restrictions imposed by Landlord, and Landlord shall have the right to charge
Tenant a connection fee and/or a monthly usage fee, as reasonably determined by Landlord; (c) standard janitorial service on
Business Days, which will be conducted in accordance with Landlord’s sustainability practices; (d) unattended elevator
service; (e) electricity in accordance with the terms and conditions in Section 7.02; (f) access to the Building for
Tenant and its employees 24 hours per day/7 days per week, subject to the terms of this Lease and such protective services or
monitoring systems, if any, as Landlord may reasonably impose, including without limitation, sign-in procedures and/or presentation
of identification cards; and (g) subject to Section 26.10, such other services as Landlord reasonably determines are necessary
or appropriate for the Property. If Landlord, at Tenant’s request, provides any services which are not Landlord’s
express obligation to provide under this Lease, including without limitation, any repairs which are Tenant’s responsibility
pursuant to Article 9 below, then Tenant shall pay Landlord, or such other party designated by Landlord, the cost of providing
such service plus a reasonable administrative charge, the same to constitute Additional Rent hereunder.

 

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7.02      
Electricity used by Tenant in the Premises shall, at Landlord’s option, be paid for by Tenant by a separate, flat-rate charge
(except the same may be increased as hereinafter provided in this Section 7.02) payable by Tenant to Landlord monthly with Rent, initially
estimated (at the rate of $1.50 per Rentable Square Footage of the Premises) to be in the amount of $7,642.25 per month ($91,707.00 per
annum), payable as Additional Rent hereunder. Landlord shall have the right from time to time to reasonably increase such monthly flat-rate
amount payable by Tenant hereunder based on actual increases in the cost of electricity (and/or the generation thereof) to Landlord in
connection with the Property. Without the consent of Landlord, Tenant’s use of electrical service shall not exceed the Building
standard usage, per square foot, as reasonably determined by Landlord, based upon the Building standard electrical design load. Landlord
shall have the right to measure electrical usage by commonly accepted methods, including without limitation, the installation of measuring
devices such as submeters and check meters. If it is determined that Tenant is using electricity in such quantities or during such periods
so as to cause the total cost of Tenant’s electrical usage, on a monthly, per-rentable-square-foot basis, to materially exceed that
which Landlord reasonably deems to be standard for the Building, then Tenant shall pay Landlord Additional Rent for the cost of such excess
electrical usage and, if applicable, for the cost of purchasing and installing the measuring device(s). Notwithstanding the foregoing,
to the extent any electricity service is from time to time separately metered directly by the utility company to the Premises, then Tenant
shall timely pay the separate charges for such electricity service directly to the applicable utility company and, if requested by Landlord
from time to time, provide copies of such utility company invoices and evidence of such payments.

 

Landlord reserves the right
to change electricity providers at any time and to purchase green or renewable energy. At least annually, Tenant shall be required to
submit to Landlord electricity consumption data in a format deemed reasonably acceptable by Landlord. Each party shall provide the other
party, upon request made from time to time, with such information about the base building (in the case of a request made to Landlord)
or of the Premises (in the case of a request made to Tenant) as may be in the possession of the party of whom the request is made or of
its architects, engineers or other consultants as may be applicable to determining or maintaining the sustainability of the Building and/or
the Premises. This information may include, but shall not be limited to, information provided to the U.S. Green Building Council or the
Green Building Initiative, or their affiliates or subsidiaries, or any comparable third-party certification agencies now or hereafter
in existence, to substantiate any third-party rating. In addition, Tenant shall also provide energy, water and waste data to Landlord
for reporting to such voluntary sustainability surveys such as GRESB or other industry-driven organization assessing real estate sustainability
performance. Each party shall hold the information so received from the other party as confidential except for its limited use to evidence
compliance with any sustainability standard. A party shall not use, nor allow any of its parent, subsidiary or affiliated entities or
architects, engineers, other consultants or advisors, subtenants, assignees or others claiming by or through that party to use, any of
such information to challenge any sustainability score, rating, certification or other approval granted by any third party.

 

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7.03       Landlord’s
failure to furnish, or any interruption, diminishment or termination of services due to the application of Laws, the failure of any
equipment, the performance of maintenance, repairs, improvements or alterations, utility interruptions or the occurrence of an event
of Force Majeure (collectively a “Service Failure”) shall not render Landlord liable to Tenant, constitute a
constructive eviction of Tenant, give rise to an abatement of Rent, nor relieve Tenant from the obligation to fulfill any covenant
or agreement. Notwithstanding anything to the contrary in this Lease, if any “Essential Service” (as defined
below), which Landlord is required to provide to the Premises is interrupted due to the negligence or willful misconduct of Landlord
or its agents, contractors or employees (a “Service Interruption”), and such Service Interruption (a) causes all
or a material portion of the Premises to be untenantable (the “Affected Space”) for a period in excess of five
(5) Business Days following Landlord’s receipt of written notice thereof from Tenant (the “Interruption
Notice”), and (b) is reasonably within the control of Landlord to remedy, then the Rent payable hereunder shall abate in
the proportion that the Rentable Square Footage of the Affected Space bears to the Rentable Square Footage of the Premises, which
abatement shall commence as of the expiration of such five (5) Business Day period and expire on the date that the Service
Interruption is remedied. For purposes of this paragraph, an “Essential Service” shall mean the service provided
by the electrical, water, plumbing and/or heat, ventilation and air conditioning systems serving the Premises.

 

7.04      
Without limiting the generality of the foregoing, Landlord reserves the right from time to time to modify components of the access
procedures for the Building or other portions of the Property, to provide for and/or change the number of lobby attendants (if any), or
to institute, modify, supplement, or discontinue any particular access control procedures or equipment for the Building, whether during
or after Business Service Hours. Landlord does not warrant or guarantee the effectiveness of any such system or procedures. Tenant expressly
disclaims any such warranty, guarantee, or undertaking by Landlord with respect thereto and acknowledges that access control procedures
from time to time in effect are solely for the convenience of tenants generally and are not intended to secure the Premises or to guarantee
the physical safety of any persons in or about the Premises or the Property. Tenant shall be responsible for securing the Premises, including
without limitation, by Tenant’s installation of access card readers or other security equipment for the Premises in accordance with
Section 9.03 and by restricting or monitoring access into and from the Premises by its employees or other invitees. At the time that any
Tenant employee (or other person acting under or through Tenant) who has been issued a Building access card is terminated or otherwise
ceases to work at the Premises, Tenant shall retrieve and destroy the Building access card for such person and, in accordance with the
Building’s standard procedures, notify the Building’s property manager that such person should be removed from the active
list for Building access cards.

 

7.05      
Landlord may, from time to time, decide to develop, maintain and/or operate the Building in accordance with third-party accreditations,
ratings or certifications that relate to sustainability issues, energy efficiency or other comparable goals, including, without limitation,
Third Party Sustainability Standards. Should Landlord make such a decision, Tenant shall reasonably cooperate with Landlord’s efforts
in that regard at no material cost to Tenant. Such cooperation shall include, without limitation, providing Landlord with information
within fourteen (14) days after a request is made about Tenant’s occupancy as may be required by any such third-party agency, such
as staffing levels, hours of operation, utility usage, commuting patterns (to the extent reasonably determinable), cleaning methods, build-out
materials and techniques, furniture, fixtures and equipment inventories, and other purchasing information. The foregoing provisions shall
apply whether Landlord affirmatively seeks an accreditation, rating or certification under a Third Party Sustainability Standard and to
thereafter maintain the accreditation, rating or certification, or to operate voluntarily in accordance with some or all of such Third
Party Sustainability Standards, but without formally obtaining the accreditation, rating or certification.

 

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The parties hereto agree to
comply with all mandatory and voluntary energy, water or other conservation controls or requirements applicable to office buildings issued
by the federal, state, county, municipal or other applicable Governmental Authorities, or any public utility or insurance carrier including,
without limitation, controls on the permitted range of temperature settings in office buildings or requirements necessitating curtailment
of the volume of energy consumption or the hours of operation of the Building. Any terms or conditions of this Lease that conflict or
interfere with compliance by Landlord with such controls or requirements shall be suspended for the duration of such controls or requirements.
It is further agreed that compliance with such controls or requirements shall not be considered an eviction, actual or constructive of
Tenant from the Premises and shall not entitle Tenant to terminate this Lease or to an abatement or reduction of any rent payable hereunder.

 

Landlord may, at any time,
install separate metering for the Premises or for any specific use within the Premises (including, without limitation, Tenant’s
information technology equipment) for electricity, water, gas, steam or other utility usage. Such separate metering may be a direct meter,
a submeter, a check meter. Any meter so installed may, at Landlord’s option, be a “smart meter”. The cost of installation
shall be a capital expense that is included in Expenses on an amortized basis over the expected useful life of the meter. If such a meter
is installed, Tenant shall pay for the consumption shown on the meter plus any fee applicable to reading the meter, either directly to
the third-party utility provider in the case of a direct meter or to Landlord in the case of a submeter or check meter, and Tenant shall
report to Landlord Tenant’s usage as measured by the meter. If such a meter is installed, Tenant shall thereafter not be charged
as an Expense for any other tenant’s use of that utility in the other tenant’s own premises, but shall still be charged its
pro rata share for the consumption of that utility in any part of the Building that is not leased to another tenant.

 

Landlord’s property
manager shall act as Tenant’s primary contact for sustainability related matters.

 

8.           
Signage.

 

No signs, advertisements or
notices shall be painted or affixed to any windows, doors or other parts of the Premises, the Building or the Park, except those of such
color, size, style and in such places as are first approved in writing by Landlord in Landlord’s sole discretion. Except in connection
with the hanging of lightweight pictures and wall decorations, no nails, hooks or screws shall be inserted into any part of the Premises
or the Building except by the Building maintenance personnel without Landlord’s prior approval, which approval shall not be unreasonably
withheld. Landlord shall make the Building's directory located in the lobby of the Building available to identify Tenant's name and shall
make any revisions thereto as Tenant requests in and to the initial listing after the Commencement Date, provided Tenant shall pay Landlord
Landlord's reasonable charge for such revision. Subject to the prior approval of Landlord, not to be unreasonably withheld, delayed or
conditioned, and the Town of Burlington, and for so long as (a) Butterfly Network, Inc. occupies at least fifty percent (50%) of the Rentable
Square Footage of the Premises in the Building for the Permitted Use, (b) no monetary Default of Tenant is then continuing pursuant to
Article 18 below, and (c) this Lease is in full force and effect, Landlord shall, as part of the Landlord Work, install lettering identifying
Tenant on a monument sign at the entrance to the Building in a location approved by Landlord in its sole discretion and using building
standard materials, fonts and sizes, all at Landlord’s sole cost and expense.

 

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Notwithstanding anything in
this Section 8 above to the contrary, so long as Tenant (i) has submitted to Landlord a plan in reasonable detail (showing, without limitation,
size, color, location, materials and method of affixation) of the Tenant identification signage that Tenant may desire to install on the
District Avenue-facing exterior facade of the Building in a location approved by Landlord in its reasonable discretion (the “Tenant’s
Exterior Building Signage”), (ii) obtains all necessary permits, approvals and licenses with respect to Tenant’s Exterior
Building Signage from all applicable Governmental Authorities (provided that Landlord has first provided its consent to Tenant’s
Exterior Building Signage pursuant to clause (iii) hereinbelow prior to Tenant submitting any applications for any such permits, approvals
or licenses), and (iii) obtains Landlord’s prior written consent (which shall not be unreasonably withheld, conditioned or delayed),
then for so long as (x) Butterfly Network, Inc. occupies at least fifty percent (50%) of the Rentable Square Footage of the Premises in
the Building for the Permitted Use, (y) no monetary Default of Tenant is then continuing pursuant to Article 18 below, and (z) this Lease
is in full force and effect, Tenant shall have the right, at Tenant’s sole cost and expense, to install and maintain Tenant’s
Exterior Building Signage on the Building in accordance with the provisions of this paragraph. Upon the expiration or earlier termination
of the Term, Tenant shall remove Tenant’s Exterior Building Signage, at Tenant’s sole cost and expense, and repair and restore
the exterior portion of the Building where Tenant’s Exterior Building Signage was located to a condition consistent with the remaining
exterior portion of the Building where Tenant’s Exterior Building Signage was located.

 

9.           
Repairs, Maintenance and Alterations.

 

9.01      
Tenant shall periodically inspect the Premises to identify any conditions that are dangerous or in need of maintenance or repair.
Tenant shall promptly provide Landlord with notice of any such conditions. Tenant, at its sole cost and expense, shall perform all maintenance
and repairs to the Premises that are not Landlord’s express responsibility under this Lease, and keep the Premises in good condition
and repair, reasonable wear and tear excepted. Tenant’s repair and maintenance obligations include, without limitation, repairs
to: (a) floor covering; (b) interior partitions; (c) doors; (d) the interior side of demising walls; (e) Alterations;
(f) supplemental air conditioning units, kitchens, including hot water heaters, plumbing and similar facilities installed by or on behalf
of Tenant and exclusively serving Tenant (other than as expressly set forth in Section 9.03(b) below); and (g) electronic, fiber, phone
and data cabling and related equipment that is installed by or for the exclusive benefit of Tenant (collectively, “Cable”).
All repairs and other work performed by Tenant or its contractors, including that involving Cable, shall be subject to the terms of Section 9.03
below, and must comply with Landlord’s sustainability practices, including any third-party rating system concerning the environmental
compliance of the Building or the Premises, as the same may change from time to time. Tenant is responsible for reporting lighting purchases
to Landlord in a format suitable to Landlord. If Tenant fails to make any repairs to the Premises for more than thirty (30) days after
notice from Landlord (although notice shall not be required in an emergency) within applicable cure periods pursuant to Article 18 hereof,
Landlord may make the repairs and, within thirty (30) days after demand, Tenant shall pay the reasonable actual out of pocket cost of
such repairs, together with an administrative charge in an amount equal to five percent (5%) of such out of pocket cost of such repairs.

 

9.02       Except
as otherwise expressly set forth in Section 9.01 above, Landlord shall keep and maintain in good repair and working order and
perform maintenance upon the: (a) structural elements of the Building; (b) mechanical (including HVAC), electrical,
plumbing and fire/life safety systems serving the Building in general (including, without limitation, any plumbing systems that
serve the restrooms in the Building whether located within the Premises or in any Common Areas of the Building as of the
Commencement Date, but specifically excluding any Cable); (c) Common Areas; (d) roof of the Building; (e) exterior
windows of the Building; and (f) elevators serving the Building. Subject to Casualty and reasonable wear and tear, Landlord
shall promptly make repairs for which Landlord is responsible under this Section 9.02.

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9.03      
Tenant shall not make any alterations, repairs, additions or improvements or install any Cable in the Premises (collectively referred
to as “Alterations”) without first obtaining the written consent of Landlord in each instance; provided, however, that
Landlord’s consent shall not be required for any Alteration that satisfies all of the following criteria (a “Cosmetic Alteration”):
(a) such Alteration is of a cosmetic nature such as painting, wallpapering, hanging pictures and installing carpeting; (b) such Alteration
is not visible from the exterior of the Premises or the Building; (c) such Alteration will not affect the Base Building; and (d)
such Alteration does not require work to be performed inside the walls or above the ceiling of the Premises. Cosmetic Alterations
shall be subject to all the other provisions of this Section 9.03. Prior to performing any Alterations, Tenant shall furnish Landlord
with (i) plans and specifications (which shall be in CAD format if requested by Landlord), (ii) names of contractors reasonably acceptable
to Landlord (provided that Landlord may designate specific contractors with respect to Base Building and vertical Cable, as may be described
more fully below), (iii) required permits and approvals, (iv) evidence of contractor’s and subcontractor’s insurance in amounts
reasonably required by Landlord and naming Landlord and the managing agent for the Building (or any successor(s)) as additional insureds,
and (v) such other items as Landlord may reasonably request in good faith based on the nature of the proposed Alterations. Landlord may
designate specific contractors with respect to oversight, installation, repair, connection to, and removal of vertical Cable. All Cable
shall be clearly marked with adhesive plastic labels (or plastic tags attached to such Cable with wire) to show Tenant’s name, suite
number and the purpose of such Cable (x) every six (6) feet outside of the Premises (specifically including, but not limited to,
the electrical room risers and any Common Areas), and (y) at the termination point(s) of such Cable. Any changes to the plans and specifications
must also be submitted to Landlord for its approval. All Alterations shall be constructed in a good and workmanlike manner using materials
of a quality reasonably approved by Landlord and Tenant shall ensure that no Alteration impairs the Base Building (including without limitation,
any Building system) or Landlord’s ability to perform its obligations hereunder. Tenant shall reimburse Landlord for any sums paid
by Landlord for third party examination of Tenant’s plans and/or specifications for non-Cosmetic Alterations. In addition, Tenant
shall pay Landlord a fee for Landlord’s oversight and coordination of any non-Cosmetic Alterations equal to three percent (3%) of
the cost of the non-Cosmetic Alterations. Upon completion, Tenant shall furnish “as-built” plans (in CAD format, if requested
by Landlord) to Landlord for any non-Cosmetic Alterations, completion affidavits and full and final waivers of lien. Landlord’s
approval of an Alteration shall not be deemed a representation by Landlord that the Alteration complies with Law or will not adversely
affect the Base Building.

 

Landlord has established a
so-called “O & M” policy for the Building with respect to asbestos and other Hazardous Materials at the Property. 
Tenant shall comply with all reasonable rules, regulations and requirements imposed by Landlord from time to time (including, but not
limited to, Landlord’s “O & M” policy) and all applicable Laws in connection with the performance of any Alterations
affecting existing Hazardous Materials (including, but not limited to, asbestos) which may exist in the Premises, subject to Landlord’s
obligations with respect to any Pre-Existing Hazardous Materials pursuant to Section 3.02.

 

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Landlord agrees not to withhold,
condition or delay its consent unreasonably to any Alterations that (A) do not affect the Base Building or any portion thereof, (B) are
not visible from the outside of the Premises, and (C) would not materially detract from the aesthetic integrity of the Building or its
design. Landlord shall not be deemed to have acted unreasonably if it withholds its consent because, in Landlord's opinion, such work:
(1) could affect the safety of the Building or its occupants; (2) would increase Landlord's cost of repairs, insurance or furnishing services
or otherwise adversely affect Landlord's ability to efficiently operate the Building or furnish services to Tenant or other tenants; (3)
involves toxic or Hazardous Materials; (4) could be costly or hazardous to remove or demolish; (5) requires entry into another tenant's
premises or use of public areas; or (6) is prohibited by any mortgage on or ground lease affecting the Building. The foregoing reasons,
however, shall not be exclusive of the reasons for which Landlord may withhold consent, whether or not such other reasons are similar
or dissimilar to the foregoing.

 

Subject to the foregoing provisions
of this Article 9, including without limitation, Landlord’s reasonable prior written approval of all plans and specifications and
Tenant’s contractor, Tenant may, at Tenant’s sole cost and expense, install in the Premises a security card access system
compatible with the Building’s security card access system. Tenant shall provide Landlord with access cards or codes necessary for
access to the Premises by Landlord in connection with the performance of its obligations and/or the exercise of its rights under this
Lease. Additionally, within a commercially reasonable time following Tenant’s written request therefor, Landlord shall install,
at Tenant’s sole cost and expense (including, without limitation, any set-up fees, subscription fees, user fees and any other charges,
fees or expenses relating to the use, operation, maintenance, repair and replacement of the same), up to two (2) electric car charging
stations in the outdoor parking area immediately adjacent to the Building, in a location reasonably determined by Landlord and consistent
with other similarly situated electric car charging stations then currently serving other parking areas within the Park.

 

9.04       All
Alterations (including without limitation, any Cable installed by Tenant in accordance with Section 9.03 above) shall, except as
otherwise expressly set forth in this Lease, remain upon the Premises at the end of the Term without compensation to Tenant;
provided, however, that, Landlord may, by written notice to Tenant given at the time of Landlord’s review and approval of any
plans and specifications for any Alterations (and, with respect to the Landlord Work, at the time of Landlord’s review and
approval of the Plans and Specifications (as defined on Exhibit C) and/or any Change Orders (as defined on Exhibit C)
requested by Tenant), require Tenant, at Tenant’s sole cost and expense, to remove any Alterations and/or portions of the
Landlord Work that, in Landlord’s reasonable judgment, are of a nature that would require removal and repair costs that are
materially in excess of the removal and repair costs associated with standard office improvements (such other items collectively are
referred to collectively as “Required Removables”). Required Removables shall include, without limitation,
internal stairways, raised floors, personal baths and showers, vaults, rolling file systems and structural alterations and
modifications, but shall specifically exclude any Cable installed by Tenant in accordance with Section 9.03 above. Required
Removables shall be removed by Tenant prior to the expiration or earlier termination of the Term. Tenant shall repair any and all
damage caused by the installation or removal of Required Removables and shall dispose of any Required Removables and personal
property of Tenant in an environmentally sustainable manner (including, without limitation, any equipment, furnishings or materials)
and shall recycle or re-use the same in accordance with LEED-EB: O&M sustainability practices. If Tenant fails to perform the
foregoing obligations in a timely manner, then Landlord may perform such obligations and Tenant shall, within ten (10) Business Days
following Tenant’s receipt of an invoice therefor evidencing such costs, reimburse Landlord for the reasonable actual out-of-
pocket cost of the same. Without limiting the foregoing, 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. Within ten
(10) days after receipt of Tenant’s request, Landlord shall advise Tenant in writing as to which portions of the alteration or
other improvements are Required Removables.

 

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10.         
Entry by Landlord.

 

Landlord may enter the Premises
to inspect, show (during the last nine (9) months of the Term) or clean the Premises or to perform or facilitate the performance of repairs,
alterations or additions to the Premises or any portion of the Building. Except in emergencies or to provide Building services, Landlord
shall provide Tenant with reasonable prior written notice of entry of no less than 24 hours (which may be by email to Tenant’s designated
representative for such purposes) and shall use commercially reasonable efforts to minimize any interference with Tenant’s use of
the Premises. If reasonably necessary, Landlord may temporarily close all or a portion of the Premises to perform repairs, alterations
and additions; provided, that, except in emergencies, Landlord will not close the Premises if such work can reasonably be completed on
weekends and after Building Service Hours, and in all cases such work will be performed in such a manner as to minimize, to the extent
reasonably practicable, interruption or interference with Tenant’s use of the Premises for the Permitted Use. Entry by Landlord
in accordance with this Article 10 shall not constitute a constructive eviction or entitle Tenant to an abatement or reduction of Rent.

 

11.         
Assignment and Subletting.

 

11.01    Except
in connection with a Business Transfer (defined in Section 11.04), Tenant shall not assign, sublease, transfer or encumber any
interest in this Lease or allow any third party to use any portion of the Premises (collectively or individually, a
 “Transfer”) without the prior written consent of Landlord. Landlord shall not unreasonably withhold, condition or
delay its consent to any assignment of this Lease if Landlord does not exercise its recapture rights under Section 11.02.
Without limitation, it is agreed that Landlord’s consent to any Transfer shall not be considered unreasonably withheld if the
proposed transferee is a Governmental Authority or an occupant of the Building or an occupant of any other building(s) within the
Park or if the proposed transferee, whether or not an occupant of the Building or an occupant of any other building(s) within the
Park is, or has been within the last six (6) months immediately preceding the proposed Transfer, in discussions with Landlord or any
affiliate of Landlord regarding the leasing of space within the Building or within any other building(s) within the Park.
Additionally, it shall be a reasonable basis for Landlord to withhold its consent if Tenant tenders for Landlord’s approval an
assignment of this Lease or a sublease of the Premises or any part of the Premises to a proposed assignee/subtenant whose proposed
use or operation in the Premises may or will cause the Building or any part thereof not to conform with the environmental and green
building clauses in this Lease. Without limiting the foregoing, a Transfer shall be deemed to include any change in Control (as
defined below) in Tenant or in the entity or entities which own or Control (directly or indirectly) at least fifty percent (50%) of
the voting rights/shares of Tenant (other than through a change in the ownership of voting securities listed on a nationally
recognized public securities exchange). Any Transfer in violation of this Article 11 shall, at Landlord’s option, be deemed a
Default by Tenant as described in Article 18, and shall be voidable by Landlord. As used in this Article 11, the term
 “Control,” “Controlling” or “Controlled” shall mean the power, whether
through voting shares, contract rights or otherwise, to direct the day-to-day management and decision-making of the entity in
question. In no event shall any Transfer, including a Business Transfer, release or relieve Tenant from any obligation under this
Lease, and Tenant shall remain primarily liable for the performance of the tenant’s obligations under this Lease, as amended
from time to time. Without otherwise limiting the criteria upon which Landlord may withhold its consent, Landlord shall be entitled
to consider all reasonable criteria including, but not limited to, the following: (a) whether or not the proposed transferee is
engaged in a business which, and the use of the Premises will be in a manner which, is in keeping with the then character and nature
of all other tenancies in the Park; (b) whether the use to be made of the Premises by the proposed transferee will conflict with any
so-called "exclusive" use then in favor of any other tenant of the Building or the Park and whether such use would be
prohibited by any other provision of this Lease, including, but not limited to, any Rules and Regulations then in effect, or under
applicable Laws, and whether such use imposes a greater load upon the Premises and the Building and/or the Park services than
imposed by Tenant; (c) the business reputation of the proposed individuals who will be managing and operating the business
operations of the proposed transferee and the long-term financial and competitive business prospects of the proposed transferee; and
(d) the creditworthiness and financial stability of the proposed transferee in light of the responsibilities involved.

 

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11.02   
Tenant shall provide Landlord with financial statements for the proposed transferee (or, in the case of a change of ownership or
Control, for the proposed new Controlling entity(ies)), a fully executed copy of the proposed assignment or sublease (or, where applicable,
other Transfer) documentation and such other information as Landlord may reasonably request. Within fifteen (15) Business Days after receipt
of the required information and documentation, Landlord shall either: (a) consent to any assignment or sublet by execution of a consent
agreement in a form reasonably designated by Landlord; or (b) reasonably refuse to consent to any assignment or sublet in writing.
Tenant shall pay Landlord a review fee of $1,500.00 for Landlord’s review of any requested Transfer together with Landlord’s
reasonable out-of-pocket costs incurred in connection with the review of any such Transfer, whether or not Landlord approves same.

 

11.03   
Tenant shall pay Landlord fifty percent (50%) of all rent and other consideration which Tenant receives as a result of a Transfer
that is in excess of the Rent payable to Landlord for the portion of the Premises and Term covered by the Transfer. Tenant shall pay Landlord
for Landlord’s share of the excess within thirty (30) days after Tenant’s receipt of the excess. In determining the excess
due Landlord, Tenant may deduct from the excess, on a straight-line basis, all reasonable and customary expenses directly and actually
incurred by Tenant attributable to the Transfer. If Tenant is in Default, Landlord may require that all sublease payments be made directly
to Landlord, in which case Tenant shall receive a credit against Rent in the amount of Tenant’s share of payments received by Landlord.
In no event shall Tenant be permitted to enter into any sublease or assignment that would result in the characterization of any amounts
received by Landlord pursuant to this Section 11.03 as amounts that are not rents from real property as provided under Section 26.13 below.

 

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11.04    Subject
to Section 26.13, Tenant may assign this Lease to a successor to Tenant by merger, consolidation or the purchase of all or
substantially all of Tenant’s assets, or assign this Lease or sublet all or a portion of the Premises to an Affiliate (as
defined below) (in each case, a “Business Transferee”), in each case without the prior written consent of
Landlord; provided, that, all of the following conditions are satisfied (a “Business Transfer”): (a) Tenant
is not then in Default under this Lease; (b) Tenant has given Landlord written notice reasonably describing the details of such
proposed Business Transfer at least fifteen (15) Business Days before the effective date of such Business Transfer together with any
documents or other information reasonably requested by Landlord relating thereto and reasonable documentation that the proposed
Business Transfer satisfies the requirements of this Section 11.04; (c) the Credit Requirement (as defined below) has been
satisfied; (d) if such Business Transfer involves an assignment of this Lease to a Business Transferee, such Business Transferee
executes and delivers to Landlord, at least ten (10) Business Days before the assignment, a commercially reasonable instrument
pursuant to which such Business Transferee assumes, for Landlord’s benefit, all of Tenant’s obligations under this
Lease; (e) the Business Transferee satisfies the requirements in Section 26.02; (f) the proposed Business Transfer is being made for
a good faith operating business purpose and not in order to evade the requirements of this Article 11; and (g) Landlord has
acknowledged the satisfaction of the foregoing conditions in writing. Tenant’s notice to Landlord pursuant to this Section
11.04 shall include information and documentation evidencing the Business Transfer and showing that each of the above conditions has
been satisfied. As used in this Section 11.04, “Affiliate” shall mean an entity Controlled by, Controlling or
under common Control with Tenant. The “Credit Requirement” shall be deemed satisfied if, following the effective
date of the Business Transfer, the financial strength of the Business Transferee is not less than that of Tenant on the date that
the series of events culminating in the applicable Business Transfer occurred or at the execution of this Lease, whichever is
greater, as reasonably determined by Landlord based on credit ratings of such Business Transferee and Tenant by both Moody’s
and Standard & Poor’s (or by either such agency alone, if applicable ratings by the other agency do not exist) or, if such
credit ratings do not exist, in accordance with Moody’s KMV RiskCalc (i.e., the on-line software tool offered by Moody’s
for analyzing credit risk) based on CFO-certified financial statements for such Business Transferee and Tenant covering their last
two (2) fiscal years ending before the Business Transfer.

 

11.05   
Notwithstanding anything to the contrary contained in this Article 11, neither Tenant nor any other person having a right
to possess, use, or occupy (for convenience, collectively referred to in this Section 11.05 as “Use”) the Premises
shall enter into any lease, sublease, license, concession or other agreement for Use of all or any portion of the Premises which provides
for rental or other payment for such Use based, in whole or in part, on the net income or profits derived by any person that leases, possesses,
uses, or occupies all or any portion of the Premises (other than an amount based on a fixed percentage or percentages of receipts or sales),
and any such purported lease, sublease, license, concession or other agreement shall be absolutely void and ineffective as a transfer
of any right or interest in the Use of all or any part of the Premises.

 

12.         
Liens.

 

Tenant shall not cause
or permit mechanics’ or other liens to be placed upon the Property, the Building, the Premises or Tenant’s leasehold
interest therein in connection with any work or service done or purportedly done by or for the benefit of Tenant or its subtenants
or transferees. Tenant shall give Landlord notice at least fifteen (15) days prior to the commencement of any work in the Premises
to afford Landlord the opportunity, where applicable, to post and record notices of non-responsibility. Tenant, within thirty (30)
days of notice of any such liens, shall fully discharge any lien by settlement, by bonding or by insuring over the lien in the
manner prescribed by the applicable lien Law and to Landlord’s reasonable satisfaction and, if Tenant fails to do so, Tenant
shall be deemed in Default under this Lease and, in addition to any other remedies available to Landlord as a result of such Default
by Tenant, Landlord, at its option, may bond, insure over or otherwise discharge the lien. Tenant shall reimburse Landlord
for any reasonable actual out of pocket amount paid by Landlord hereunder, including without limitation, reasonable attorneys’
fees. Landlord shall have the right to require Tenant to post a performance or payment bond in connection with any Alterations
proposed to be performed by Tenant pursuant to Section 9.03 above that cost in excess of $1,000,000.00 in the aggregate per such
proposed set of Alterations. Tenant acknowledges and agrees that all such work or service is being performed for the sole benefit of
Tenant and not for the benefit of Landlord.

 

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13.         
Indemnity and Waiver of Claims.

 

13.01       Except
to the extent caused by the negligence or willful misconduct of Landlord or any Landlord Related Parties (as defined below), Tenant shall
indemnify, defend and hold Landlord and Landlord Related Parties harmless against and from all liabilities, obligations, damages, penalties,
claims, actions, costs, charges and expenses, including without limitation, reasonable attorneys’ fees and other professional fees
(if and to the extent permitted by Law) (collectively referred to as “Losses”), which may be imposed upon, incurred
by or asserted against Landlord or any of the Landlord Related Parties by any third party and arising out of or in connection with any
damage or injury occurring in the Premises or any acts or omissions (including violations of Law) of Tenant, its trustees, managers, members,
principals, beneficiaries, partners, officers, directors, employees and agents (the “Tenant Related Parties”) or any
of Tenant’s transferees, contractors or licensees, in or about the Premises, the Building or the Park. To the extent permitted pursuant
to applicable Laws, Tenant hereby waives all claims against and releases Landlord and its trustees, managers, members, principals, beneficiaries,
partners, officers, directors, employees, Mortgagees (as defined in Article 23) and agents (the “Landlord Related Parties”)
from all claims for any injury to or death of persons, damage to property or business loss in any manner related to (a) Force Majeure,
(b) acts of third parties, (c) the bursting or leaking of any tank, water closet, drain or other pipe, (d) the inadequacy
or failure of any security or protective services, personnel or equipment, or (e) any matter not within the reasonable control of
Landlord. All Tenant’s Property (as defined below) shall be at the sole risk of Tenant to the maximum extent permitted by law and
shall be kept insured by Tenant throughout the Term (and during any other periods before or after the Term during which Tenant or any
Tenant Related Party enters into or occupies all or any portion of the Premises) at Tenant’s expense in accordance with Article
14. The provisions of this Section 13.01 shall survive the expiration or earlier termination of this Lease, regardless of the cause of
such expiration or earlier termination.

 

14.         
Tenant’s Insurance. 

 

14.01   
Tenant shall maintain the following insurance coverages in the following amounts:

 

(a)         
 Commercial General Liability Insurance covering claims of bodily injury, personal injury and property damage arising out of Tenant’s
operations and contractual liabilities, including coverage formerly known as broad form, on an occurrence basis, with minimum primary
limits of $1,000,000 each occurrence and $2,000,000 annual aggregate (and not more than $25,000 self-insured retention) and a minimum
excess/umbrella limit of $5,000,000.

 

(b)          
Property insurance covering (i) all office furniture, business and trade fixtures, office equipment, free-standing cabinet
work, movable partitions, merchandise and all other items of Tenant’s property in the Premises installed by, for, or at the
expense of Tenant (collectively, “Tenant’s Property”), and (ii) any Alterations installed by or for
the benefit of Tenant (but not including the Landlord Work), whether pursuant to this Lease or pursuant to any prior lease or other
agreement to which Tenant was a party (collectively, “Tenant-Insured Improvements”). Such insurance shall be
written on a special cause of loss form for physical loss or damage, for the full replacement cost value (subject to reasonable
deductible amounts) without deduction for depreciation of the covered items and in amounts that meet any co-insurance clauses of the
policies of insurance, and shall include coverage for damage or other loss caused by fire or other peril, including vandalism and
malicious mischief, theft, water damage of any type, including sprinkler leakage, bursting or stoppage of pipes, and explosion, and
providing business interruption coverage for a period of one (1) year.

 

    24

     

    

 

(c)          
Worker’s Compensation and Employer’s Liability or other similar insurance to the extent required by Law.

 

(d)         
Commercial Automobile Liability insurance with a limit of not less than $1,000,000 each accident covering liability arising out
of any auto, including owned, hired, and non-owned autos. Coverage shall be written on ISO form CA 00 01, or a substitute form providing
equivalent liability coverage.

 

14.02   
The minimum limits of insurance required to be carried by Tenant shall not limit Tenant’s liability. Such insurance shall:
(a) be issued by an insurance company that has an A.M. Best rating of not less than A-VIII; (b) be in form and content reasonably
acceptable to Landlord; and (c) provide that it shall not be canceled or materially changed without thirty (30) days’ prior
written notice to Landlord (if commercially available, and otherwise such notice of cancelation or change shall be timely given by Tenant),
except that ten (10) days’ prior written notice may be given in the case of nonpayment of premiums. Tenant’s Commercial General
Liability Insurance shall (i) name Landlord, Landlord’s managing agent, and any other party designated by Landlord (collectively,
 “Additional Insured Parties”) as additional insureds, and (ii) be primary insurance as to all claims thereunder
and provide that any insurance carried by Landlord is excess and non-contributing with Tenant’s insurance. Landlord shall be designated
as a loss payee with respect to Tenant’s Property insurance on any Tenant-Insured Improvements. Tenant shall deliver to Landlord,
on or before the Commencement Date and at least fifteen (15) days before the expiration dates thereof, certificates from Tenant’s
insurance company on the forms currently designated “ACORD 28” (Evidence of Commercial Property Insurance) and “ACORD
25-S” (Certificate of Liability Insurance) or the equivalent. Attached to the ACORD 25-S (or equivalent) there shall be an endorsement
naming the Additional Insured Parties as additional insureds which shall be binding on Tenant’s insurance company and Tenant or
Tenant’s insurance agent shall notify each Additional Insured Party in writing at least thirty (30) days before any termination
or material change to the policies (if commercially available, and otherwise such notice of cancelation or change shall be timely given
by Tenant), except that ten (10) days’ prior notice may be given in the case of nonpayment of premiums. Upon Landlord’s request,
Tenant shall deliver to Landlord, in lieu of such certificates, copies of the policies of insurance required to be carried under Section 14.01
showing that the Additional Insured Parties are named as additional insureds. If excess/umbrella insurance is provided, any such certificate
shall evidence coverage specifically with respect to the Property and the amount of coverage allocated thereto in compliance with Section
14.01 hereof.

 

14.03   
Tenant shall maintain such increased amounts of the insurance required to be carried by Tenant under this Article 14, and
such other types and amounts of insurance covering the Premises and Tenant’s operations therein, as may be reasonably requested
by Landlord from time to time, but not in excess of the amounts and types of insurance then being required by landlords of buildings comparable
to and in the vicinity of the Building.

 

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15.         
Subrogation.

 

Each party waives, and shall
cause its insurance carrier to waive, any right of recovery against the other for any loss of or damage to property which loss or damage
is (or, if the insurance required hereunder had been carried, would have been) covered by insurance. For purposes of this Article 15,
any deductible with respect to a party’s insurance shall be deemed covered by, and recoverable by such party under, valid and collectable
policies of insurance.

 

16.         
Casualty Damage.

 

16.01   
If all or any portion of the Premises becomes untenantable or inaccessible by fire or other casualty to the Premises or the Common
Areas (collectively, a “Casualty”), Landlord, with reasonable promptness, shall cause a general contractor selected
by Landlord to provide Landlord with a written estimate of the amount of time required, using standard working methods, to substantially
complete the repair and restoration of the Premises and any Common Areas necessary to provide access to the Premises (a “Completion
Estimate”). Landlord shall promptly forward a copy of the Completion Estimate to Tenant. If the Completion Estimate indicates
that the Premises or any Common Areas necessary to provide access to the Premises cannot be made tenantable within two hundred seventy
(270) days following the date the repair is started, then either party shall have the right to terminate this Lease upon written notice
to the other within ten (10) days after Tenant’s receipt of the Completion Estimate; provided, however, that, Tenant shall not have
the right to terminate this Lease if the Casualty was caused by the negligence or intentional misconduct of Tenant or any Tenant Related
Parties. In addition, Landlord, by notice to Tenant given within ninety (90) days after the date of the Casualty, shall have the right
to terminate this Lease if: (a) the Premises have been materially damaged and there is less than two (2) years of the Term remaining
on the date of the Casualty; (b) any Mortgagee requires that the insurance proceeds be applied to the payment of the mortgage debt;
or (c) a material uninsured loss to the Building or the Premises occurs.

 

16.02    If
this Lease is not terminated, Landlord shall promptly and diligently, subject to reasonable delays for insurance adjustment or other
matters beyond Landlord’s reasonable control, restore the Premises and the Common Areas. Such restoration shall be to
substantially the same condition that existed immediately prior to the Casualty, except for modifications required by Law or any
other modifications to the Common Areas deemed desirable by Landlord. Notwithstanding Article 15, 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 Alterations performed by or for the benefit of Tenant; provided, that, if
the estimated cost to repair such Alterations exceeds the amount of insurance proceeds received by Landlord from Tenant’s
insurance carrier, then the excess cost of such repairs shall be paid by Tenant to Landlord prior to Landlord’s commencement
of repairs. Within fifteen (15) days following demand therefor, Tenant shall also pay Landlord for any additional excess costs that
are determined during the performance of the repairs to such Alterations. In no event shall Landlord be required to spend more for
the restoration of the Premises and the Common Areas than the proceeds received by Landlord, whether insurance proceeds or proceeds
from Tenant. Landlord shall not be liable for any inconvenience to Tenant, or injury to Tenant’s business resulting in any way
from the Casualty or the repair thereof. Provided that Tenant is not in Default, during any period of time that all or a material
portion of the Premises is rendered untenantable as a result of a Casualty, the Rent shall abate for the portion of the Premises
that is untenantable and not used by Tenant. Notwithstanding the foregoing, Landlord may, at its election, require Tenant to perform
the restoration work for any Alterations performed by or at Tenant’s request, in which event Tenant shall be responsible for
performing the restoration work (including any revisions thereto that Tenant may wish to make, pursuant to plans approved by
Landlord pursuant to Section 9.03) and the rent abatement period under the preceding sentence shall not exceed the period of
time required to diligently perform the restoration of such Alterations.

 

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17.         
Condemnation.

 

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 (each, as applicable, a “Taking”). Landlord shall also have the right to terminate
this Lease if there is a Taking of any portion of the Building or the Property which would have a material adverse effect on Landlord’s
ability to profitably operate the remainder of the Building. The terminating party shall provide written notice of termination to the
other party within forty-five (45) days after it first receives written notice of the Taking. 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 so terminated,
Base Rent and Tenant’s Pro Rata Share shall be appropriately adjusted to account for any reduction in the Rentable Square Footage
of the Building and/or the Rentable Square Footage of the Premises. All compensation awarded for a Taking shall be the property of Landlord.
The right to receive compensation or proceeds is hereby expressly waived by Tenant; provided, however, Tenant may file a separate claim
for Tenant’s Property and Tenant’s reasonable relocation expenses, provided the filing of such 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 as set forth
in this Article 17, Landlord, with reasonable diligence, will restore the remaining portion of the Premises as nearly as practicable to
the condition immediately prior to the Taking. In no event shall Landlord be required to spend more for the restoration of the Premises,
the Building or the Property than the proceeds received by Landlord in connection with the applicable Taking.

 

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18.         
 Events of Default.

 

In addition to any other default
specifically described in this Lease, each of the following occurrences shall be a “Default”: (a) Tenant’s failure
to pay any portion of Rent within five (5) days after delivery to Tenant of written notice that the same is past due (a “Monetary
Default”); provided, however, in no event shall Landlord be required to deliver to Tenant more than two (2) such past-due notices
in any twelve (12) consecutive month period during the Term of this Lease, in which case Tenant’s failure to pay any portion of
Rent when due within such twelve (12) consecutive month period following any such past-due notice shall constitute a Default without the
requirement of any additional notice to Tenant; (b) Tenant’s failure (other than a Monetary Default or a default for which
a shorter cure period is expressly provided herein) to comply with any term, provision, condition or covenant of this Lease, if the failure
is not cured within thirty (30) days after written notice to Tenant; provided, however, if Tenant’s failure to comply cannot reasonably
be cured within such thirty (30) day period, then Tenant shall be allowed additional time (not to exceed an additional sixty (60) days)
as is reasonably necessary to cure the failure so long as Tenant begins the cure within such initial thirty (30) day period and diligently
pursues such cure to completion; (c) Tenant permits a Transfer without Landlord’s required approval or otherwise in violation
of Article 11 of this Lease; (d) Tenant or any guarantor of Tenant’s obligations under this Lease (if any) (if applicable,
a “Guarantor”), becomes insolvent, makes a transfer in fraud of creditors, makes an assignment for the benefit of creditors,
admits in writing its inability to pay its debts when due or forfeits or loses its right to conduct business; (e) Tenant’s
leasehold estate is taken by process or operation of Law; (f) Tenant is in default beyond any notice and cure period under any other
lease or agreement with Landlord at the Building, the Property or the Park; or (g) Tenant’s failure to deliver a Letter of Credit
to Landlord satisfying the requirements of Article 6 within thirty (30) days following the Effective Date and Landlord has provided Tenant
with written notice of such failure. If Landlord provides Tenant with notice of Tenant’s failure to comply with any specific provision
of this Lease on two (2) separate occasions during any twelve (12) consecutive month period, then Tenant’s subsequent violation
of such provision shall, at Landlord’s option, be an immediate and incurable Default by Tenant. All notices sent under this Article
18 shall be in satisfaction of, and not in addition to, any notice required by Law.

 

Landlord shall in no event
be in default under this Lease unless Landlord shall neglect or fail to perform any of its obligations hereunder and shall fail to remedy
the same within thirty (30) days after written notice to Landlord specifying such neglect or failure, or if such failure is of such a
nature that Landlord cannot reasonably remedy the same within such thirty (30) day period, Landlord shall fail to commence promptly (and
in any event within such thirty (30) day period) to remedy the same and to prosecute such remedy to completion with diligence and continuity.

 

19.         
Remedies.

 

19.01   
Upon a Default by Tenant, Landlord shall have the right to pursue any one or more of the following remedies:

 

(a)          Terminate
this Lease by no less than two (2) days’ prior written notice delivered to Tenant, in which case Tenant shall immediately
surrender the Premises to Landlord. If Tenant fails to surrender the Premises, then Landlord, in compliance with Law, may enter upon
and take possession of the Premises and remove Tenant, Tenant’s Property and any party occupying the Premises. Tenant shall
pay to Landlord, on demand, all past due Rent and other losses and damages Landlord suffers as a result of Tenant’s Default,
including without limitation, all Costs of Reletting (as defined below) and any deficiency that may arise from reletting or the
failure to relet the Premises. “Costs of Reletting” shall include all reasonable costs and expenses incurred by
Landlord in reletting or attempting to relet the Premises, including without limitation, legal fees and expenses, brokerage
commissions, the cost of alterations and the value of other concessions or allowances granted to a new tenant.

 

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(b)         
Terminate Tenant’s right to possession of the Premises and, in compliance with Law, remove Tenant, Tenant’s Property
and any parties occupying the Premises. Landlord may (but shall not be obligated to) relet all or any part of the Premises, without notice
to Tenant, for such period of time and on such terms and conditions (which may include concessions, free rent and work allowances) as
Landlord in its absolute discretion shall determine. Landlord may collect and receive all rents and other income from the reletting. Tenant
shall pay Landlord on demand all past due Rent, all Costs of Reletting and any deficiency arising from the reletting or failure to relet
the Premises. The re-entry or taking of possession of the Premises shall not be construed as an election by Landlord to terminate this
Lease.

 

Any obligation imposed by
law upon Landlord to relet the Premises after any termination of the Lease shall be subject to the reasonable requirements of Landlord
to lease to high quality tenants on such terms as Landlord may from time to time deem appropriate and to develop the Building, the Property
and/or the Park in a harmonious manner with an appropriate mix of uses, tenants, floor areas and terms of tenancies, and the like, and
Landlord shall not be obligated to relet the Premises to any party to whom Landlord or its affiliate may desire to lease other available
space in the Building or the Park.

 

19.02   
In lieu of calculating damages under Section 19.01, Landlord may elect to receive as damages the sum of (a) all Rent accrued
through the date of termination of this Lease or Tenant’s right to possession of the Premises, (b) the total Base Rent and Additional
Rent that Tenant would have been required to pay for the twelve (12) months immediately following the date of termination of this Lease
or Tenant’s right to possession of the Premises (or such lesser number of months as may then be remaining in the Term), and (c)
all of Landlord’s unamortized total hard and soft costs of the Landlord Work (including, without limitation, the Allowance and the
Concept Plan Allowance (as such terms are defined in Exhibit C attached hereto) as of the date of termination of this Lease or
Tenant’s right to possession of the Premises based upon an interest factor of six percent (6%) per annum for such amortization calculation.

 

19.03   
In the case of termination of this Lease pursuant to this Article 19, in addition to Tenant’s obligation to pay Landlord’s
Costs of Reletting pursuant to Section 19.01 above, Tenant shall reimburse Landlord for all expenses arising out of such termination,
including without limitation, all costs incurred in collecting amounts due from Tenant under this Lease (including reasonable attorneys’
fees, costs of litigation and the like) and all Landlord’s other reasonable expenditures necessitated by the termination. The reimbursement
from Tenant shall be due and payable immediately from time to time upon notice from Landlord that an expense has been incurred, without
regard to whether the expense was incurred before or after the termination.

 

19.04    Free
rent amounts, rent holidays, rent waivers, rent forgivenesses and the like (collectively, “Free Rent Amounts”),
if any, have been agreed to by Landlord as inducements for Tenant to enter into and faithfully to perform all of its obligations
contained in this Lease. For all purposes under this Lease, upon the occurrence of any event under Article 18 and the lapse of any
applicable grace or notice period, any Free Rent Amounts set forth in this Lease shall be deemed void as of the date of execution
hereof as though such Free Rent Amounts had never been included in this Lease, and calculations of amounts due hereunder, damages
and the like shall be determined accordingly. The foregoing shall occur automatically without the requirement of any further notice
or action by Landlord not specifically required by Article 18, whether or not this Lease is then or thereafter terminated on account
of the event in question, and whether or not Tenant thereafter corrects or cures any such event.

 

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19.05   
Nothing herein shall limit or prejudice the right of Landlord to prove and obtain in a proceeding for bankruptcy, insolvency, arrangement
or reorganization, by reason of the termination, an amount equal to the maximum allowed by a statute or law in effect at the time when,
and governing the proceedings in which, the damages are to be proved, whether or not the amount is greater to, equal to, or less than
the amount of the loss or damage which Landlord has suffered.

 

19.06   
If Tenant is in Default of any of its non-monetary obligations under this 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 five percent (5%) of the cost of the work performed by Landlord. The repossession or re-entering of all or any part of the Premises
shall not relieve Tenant of its liabilities and obligations under this Lease. No right or remedy of Landlord shall be exclusive of any
other right or remedy. Each right and remedy shall be cumulative and in addition to any other right and remedy now or subsequently available
to Landlord at Law or in equity.

 

20.         
Limitation of Liability.

 

NOTWITHSTANDING ANYTHING TO
THE CONTRARY CONTAINED IN THIS LEASE, THE LIABILITY OF LANDLORD (AND OF ANY SUCCESSOR LANDLORD) SHALL BE LIMITED TO THE INTEREST OF LANDLORD
IN THE PROPERTY (“LANDLORD’S INTEREST IN THE PROPERTY”). TENANT SHALL LOOK SOLELY TO LANDLORD’S INTEREST
IN THE PROPERTY FOR THE RECOVERY OF ANY JUDGMENT OR AWARD AGAINST LANDLORD UNDER THIS LEASE, AND IN NO EVENT SHALL ANY LANDLORD RELATED
PARTY HAVE ANY LIABILITY TO TENANT OR ANY OTHER PARTY FOR ANY ACTION OR OMISSION OF LANDLORD HEREUNDER. IN NO EVENT SHALL LANDLORD BE
PERSONALLY LIABLE FOR ANY JUDGMENT OR DEFICIENCY UNDER THIS LEASE, NOR SHALL LANDLORD BE LIABLE TO TENANT FOR ANY LOST PROFIT, DAMAGE
TO OR LOSS OF BUSINESS OR ANY FORM OF SPECIAL, PUNITIVE, INDIRECT OR CONSEQUENTIAL DAMAGE. BEFORE FILING SUIT FOR AN ALLEGED DEFAULT BY
LANDLORD, TENANT SHALL GIVE LANDLORD AND THE MORTGAGEE(S) WHOM TENANT HAS BEEN NOTIFIED HOLD MORTGAGES (DEFINED IN ARTICLE 23 BELOW),
NOTICE AND REASONABLE TIME TO CURE THE ALLEGED DEFAULT. WITHOUT LIMITING THE FOREGOING, IN NO EVENT SHALL LANDLORD OR ANY MORTGAGEES OR
LANDLORD RELATED PARTIES EVER BE LIABLE FOR ANY CONSEQUENTIAL OR INCIDENTAL DAMAGES OR ANY LOST PROFITS OF TENANT.

 

21.         
Intentionally Omitted.

 

22.         
Holding Over.

 

If Tenant fails to
surrender all or any part of the Premises at the termination of this Lease, occupancy of the Premises after termination shall be
that of a tenancy at sufferance. Tenant’s occupancy shall be subject to all the terms and provisions of this Lease, and Tenant
shall pay an amount (on a per month basis without reduction for partial months during the holdover) equal to (a) one hundred percent
(100%) of the sum of the Base Rent and Additional Rent due for the period immediately preceding the holdover for the first thirty
(30) days of such holdover, and (b) one hundred fifty percent (150%) of the sum of the Base Rent and Additional Rent due for the
period immediately preceding the holdover for the period following the first thirty (30) days of such holdover. No holdover by
Tenant or payment by Tenant after the termination of this Lease shall be construed to extend the Term or prevent Landlord from
immediate recovery of possession of the Premises by summary proceedings or otherwise. Tenant shall be liable for all damages that
Landlord suffers from the holdover, including without limitation, consequential damages, lost leases or penalties payable to
replacement tenants; provided, however, that Tenant shall not be liable for consequential damages with respect to the first thirty
(30) days of such holdover.

 

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23.         
Subordination to Mortgages; Assignment of Rents; Estoppel Certificate.

 

23.01   
Tenant accepts this Lease subject and subordinate to any mortgage(s), deed(s) of trust, deeds to secure debt, ground lease(s) or
other lien(s) now or subsequently arising upon the Premises, the Building or the Property, 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 or Landlord,
Tenant shall execute, acknowledge as necessary and deliver to Landlord within fifteen (15) days after receipt thereof, a so-called subordination,
non-disturbance and attornment agreement in favor of Mortgagee on such Mortgagee’s standard form with such changes thereto as such
Mortgagee shall agree to. As an alternative, 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. Landlord and Tenant shall each,
within ten (10) days after receipt of a written request from the other, execute and deliver a commercially reasonable estoppel certificate
to those parties as are reasonably requested by the other (including a Mortgagee or prospective purchaser). Without limitation, such estoppel
certificate may include a certification as to the status of this Lease, the existence of any defaults and the amount of Rent that is due
and payable.

 

23.02   
In the event Mortgagee enforces its rights under the Mortgage, Tenant, at Mortgagee’s option, will attorn to Mortgagee or
its successor; provided, however, that Mortgagee or its successor shall not be liable for or bound by any (a) payment of any Rent
installment which may have been made more than thirty (30) days before the due date of such installment, (b) act or omission of or
default by Landlord under this Lease (but Mortgagee, or such successor, shall be subject to the continuing obligations of landlord under
this Lease to the extent arising from and after such succession to the extent of Mortgagee’s, or such successor’s, interest
in the Property), (c) credits, claims, setoffs or defenses which Tenant may have against Landlord, or (d) obligation to complete
any construction or improvements for the benefit of Tenant or advance any tenant improvement allowance. Tenant, upon the reasonable request
by Mortgagee or such successor in interest, shall execute and deliver an instrument or instruments confirming such attornment. Notwithstanding
the foregoing, if such Mortgagee shall have entered into a non-disturbance agreement directly with Tenant governing Tenant’s obligations
to attorn to Mortgagee or such successor in interest as landlord, then the terms and provisions of such non-disturbance agreement shall
supersede the provisions of this Section 23.02.

 

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23.03   
 With reference to any assignment by Landlord of Landlord’s interest in this Lease, or the rents payable hereunder, conditional
in nature or otherwise, which assignment is made to a Mortgagee, Tenant agrees that the execution thereof by Landlord, and the acceptance
thereof by such Mortgagee shall never be treated as an assumption by such Mortgagee of any of the obligations of Landlord hereunder unless
such Mortgagee shall, by written notice sent to Tenant, specifically otherwise elect and, except as aforesaid, such Mortgagee shall be
treated as having assumed Landlord’s obligations hereunder only upon foreclosure of such Mortgagee’s Mortgage and the taking
of possession of the Premises.

 

23.04   
In no event shall the acquisition of Landlord’s interest in the Property by a purchaser which, simultaneously therewith,
leases Landlord’s entire interest in the Property back to the seller thereof be treated as an assumption by operation of law or
otherwise, of Landlord’s obligations hereunder, but Tenant shall look solely to such seller-lessee, and its successors from
time to time in title, for performance of Landlord’s obligations hereunder. In any such event, this Lease shall be subject and subordinate
to the lease to such purchaser. For all purposes, such seller-lessee, and its successors in title, shall be the Landlord hereunder
unless and until Landlord’s position shall have been assumed by such purchaser-lessor. Except as provided in this Section 23.04,
in the event of any transfer of title to the Property by Landlord, Landlord shall thereafter be entirely freed and relieved from the performance
and observance of all covenants and obligations hereunder and Tenant hereby agrees to enter into such agreements or instruments as may,
from time to time, be requested in confirmation of the foregoing.

 

24.         
Notice.

 

All demands, approvals, consents
or notices (collectively referred to as a “notice”) shall be in writing and delivered by hand or sent by overnight
or same day courier service at the party’s respective Notice Address(es) set forth in Section 1.13; provided, however, notices sent
by Landlord regarding general Building operational matters may be posted in the Building mailroom or the general Building newsletter or
sent via e-mail to the e-mail address provided by Tenant to Landlord for such purpose. In addition, if the Building is closed (whether
due to emergency, governmental order or any other reason), then any notice address at the Building shall not be deemed a required notice
address during such closure, and, unless Tenant has provided an alternative valid notice address to Landlord for use during such closure,
any notices sent during such closure may be sent via e-mail or in any other practical manner reasonably designed to ensure receipt by
the intended recipient. Each notice shall be deemed to have been delivered on the earlier to occur of actual delivery or the date on which
delivery is refused, or one (1) day after notice is deposited with an overnight courier service in the manner described above. Either
party may, at any time, change its Notice Address (other than to a post office box address) by giving the other party written notice of
the new address. Notice may be given by counsel for either party.

 

25.         
Surrender of Premises.

 

On the Termination Date
or earlier termination of this Lease or Tenant’s right of possession of the Premises, and subject to the terms and provisions
of Section 9.04 above, Tenant shall remove all of Tenant’s Property and Required Removables from the Premises and quit and
surrender the Premises to Landlord, broom clean and in good order, condition and repair, ordinary wear and tear and damage which
Landlord is obligated to repair hereunder excepted. If Tenant fails to remove any of Tenant’s Property or Required Removables
or to restore the Premises to the required condition on the Termination Date or earlier termination of this Lease or Tenant’s
right to possession, then Landlord, at Tenant’s sole cost and expense, shall be entitled (but not obligated) to remove and
store Tenant’s Property and Required Removables and/or perform such restoration of the Premises. Landlord shall not be
responsible for the value, preservation or safekeeping of Tenant’s Property or Required Removables. Tenant shall pay Landlord,
upon demand, the expenses and storage charges incurred. If Tenant fails to remove Tenant’s Property and Required Removables
from the Premises or storage within ten (10) days after notice, then Landlord may deem all or any part of Tenant’s Property
and Required Removables to be abandoned and, at Landlord’s option, title to Tenant’s Property and Required Removables
shall vest in Landlord or Landlord may dispose of Tenant’s Property and Required Removables in any manner Landlord deems
appropriate. Notwithstanding the foregoing, Landlord shall not be obligated to store any Required Removables that are not
practicable to be stored and instead may be removed or otherwise demolished by Landlord if they are not timely removed from the
Premises by Tenant pursuant to the foregoing provisions.

 

    32 

     

    

 

26.         
Miscellaneous.

 

26.01   
This Lease shall be interpreted and enforced in accordance with the Laws of the Commonwealth of Massachusetts and Landlord and
Tenant hereby irrevocably consent to the jurisdiction and proper venue of the Commonwealth of Massachusetts. If any term or provision
of this Lease shall to any extent be void or unenforceable, the remainder of this Lease shall not be affected. If there is more than one
Tenant or if Tenant is comprised of more than one party or entity, the obligations imposed upon Tenant shall be joint and several obligations
of all the parties and entities, and requests or demands from any one person or entity comprising Tenant shall be deemed to have been
made by all such persons or entities. Notices to any one person or entity shall be deemed to have been given to all persons and entities.

 

26.02   
Tenant represents and warrants to Landlord, and agrees, that: (a) each individual executing this Lease on behalf of Tenant is authorized
to do so on behalf of Tenant; and (b) none of Tenant, any Guarantor, if any, or its or their respective affiliates or partners nor to
the best of its knowledge, its or their members, shareholders or other equity owners or any of its or their respective employees, officers,
directors, representatives or agents is (i) a person or entity with whom U.S. persons or entities are restricted from doing business under
regulations of the Office of Foreign Asset Control (“OFAC”) of the Department of the Treasury (including those named
on OFAC’s Specially Designated and Blocked Persons List) or under any statute, executive order (including the September 24, 2001,
Executive Order Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism) or other
similar governmental action, or (ii) in violation of any Laws relating to terrorism or money laundering.

 

26.03   
Landlord represents and warrants to Tenant, and agrees, that: (a) each individual executing this Lease on behalf of Landlord is
authorized to do so on behalf of Landlord; and (b) none of Landlord or its affiliates or partners nor to the best of its knowledge, its
members, shareholders or other equity owners or any of their respective employees, officers, directors, representatives or agents is (i)
a person or entity with whom U.S. persons or entities are restricted from doing business under regulations of OFAC (including those named
on OFAC’s Specially Designated and Blocked Persons List) or under any statute, executive order (including the September 24, 2001,
Executive Order Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism) or other
similar governmental action, or (ii) in violation of any Laws relating to terrorism or money laundering.

 

    33 

     

    

 

26.04   
 If Landlord retains an attorney or institutes legal proceedings due to Tenant’s failure to pay Rent when due, then Tenant
shall be required to pay Additional Rent in an amount equal to the reasonable attorneys’ fees and costs actually incurred by Landlord
in connection therewith. Notwithstanding the foregoing, in any action or proceeding between Landlord and Tenant, including any appellate
or alternative dispute resolution proceeding, the prevailing party shall be entitled to recover from the non-prevailing party all of its
costs and expenses in connection therewith, including, but not limited to, reasonable attorneys’ fees actually incurred. Landlord
and Tenant hereby waive any right to trial by jury in any proceeding based upon a breach of this Lease. No failure by either party to
declare a default immediately upon its occurrence, nor any delay by either party in taking action for a default, nor Landlord’s
acceptance of Rent with knowledge of a default by Tenant, shall constitute a waiver of the default, nor shall it constitute an estoppel.

 

26.05   
Whenever a period of time is prescribed for the taking of an action by Landlord or Tenant (other than any obligation of Tenant
that can be performed by the payment of money e.g., the payment of the Security Deposit or Rent or the maintenance of insurance), the
period of time for the performance of such action shall be extended by the number of days that the performance is actually delayed due
to strikes, acts of God, shortages of labor or materials, war, terrorist acts, pandemics that actually prevent either party from accessing,
using or occupying the Premises (and, in the case of Tenant, using or occupying the Premises for the Permitted Use) as a result of a governmental
order or shutdown, civil disturbances and other causes beyond the reasonable control of the performing party (“Force Majeure”).

 

26.06   
Tenant, within fifteen (15) days after request, shall provide Landlord with a current financial statement and such other information
as Landlord may reasonably request in order to create a “business profile” of Tenant and determine Tenant’s ability
to fulfill its obligations under this Lease. Landlord, however, shall not require Tenant to provide any non-public information more than
once per Fiscal Year, unless Landlord is requested to produce the information in connection with a proposed financing, refinancing or
sale of the Building. Upon Landlord’s receipt of any such financial information that is not publically available, Landlord may disclose
the same to its affiliates, employees, partners, investors, officers, directors, consultants, advisors, representatives, agents, accountants,
attorneys and lenders who have a commercially reasonable reason to receive such information in connection with their respective duties
relating to the Lease, all of whom shall be required to hold the same in confidence except to the extent that Landlord or any such parties
are required to disclose the same pursuant to applicable Law, court order and the like. Tenant and Landlord hereby acknowledge and agree
that the Mutual Nondisclosure Agreement dated as of April 22, 2021, between Tenant and Landlord, is hereby terminated by its terms.

 

26.07   
Landlord shall have the right to transfer and assign, in whole or in part, all of its rights and obligations under this Lease and
in the Building and Property. Upon transfer, Landlord shall be released from any further obligations hereunder and Tenant agrees to look
solely to the successor in interest of Landlord for the performance of such obligations, 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 from and after the date of the transfer.

 

26.08    Tenant
represents that it has dealt directly with and only with the Broker (described in Section 1.11) as a broker, agent or finder in
connection with this Lease. Tenant shall indemnify and hold Landlord and the Landlord Related Parties harmless from all claims of
any other brokers, agents or finders claiming to have represented Tenant in connection with this Lease. Landlord shall indemnify and
hold Tenant and the Tenant Related Parties harmless from all claims of any brokers, agents or finders claiming to have represented
Landlord in connection with this Lease other than Broker.

 

    34 

     

    

 

26.09   
The expiration of the Term, whether by lapse of time, termination or otherwise, shall not relieve either party of any obligations
which accrued prior to or which may continue to accrue after the expiration or termination of this Lease.

 

26.10   
Tenant may peacefully have, hold and enjoy the Premises free from interference by Landlord or Landlord Related Parties subject
to the terms of this Lease, provided Tenant pays the Rent and fully performs all of its covenants and agreements. This covenant shall
be binding upon Landlord and its successors only during its or their respective periods of ownership of the Building.

 

26.11   
This Lease does not grant any rights to light or air over or about the Building. Landlord excepts and reserves exclusively to itself
any and all rights not specifically granted to Tenant under this Lease. Landlord reserves the right to make changes to the Property (including
adding or removing land therefrom), Building and Common Areas (unless Tenant then has the exclusive right to use such Common Areas pursuant
to Section 2 above) as Landlord deems appropriate, including without limitation, relocation of some or all of the surface parking spaces
located on the Property to structured parking to be used in connection with the Property. This Lease constitutes the entire agreement
between the parties and supersedes all prior agreements and understandings related to the Premises, including all lease proposals, letters
of intent and other documents. Neither party is relying upon any warranty, statement or representation not contained in this Lease. This
Lease may be modified only by a written agreement signed by an authorized representative of Landlord and Tenant. Wherever this Lease requires
Landlord to provide a customary service or to act in a reasonable manner (whether in incurring an expense, establishing a rule or regulation,
providing an approval or consent, or performing any other act), this Lease shall be deemed also to provide that whether such service is
customary or such conduct is reasonable shall be determined by reference to the practices of owners of buildings that (a) are comparable
to the Building in size, age, class, quality and location, and (b) at Landlord’s option, have been, or are being prepared to be,
certified under the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) rating system or a similar
rating system.

 

26.12   
Submission of this Lease by Landlord is not an offer to enter into this Lease but rather is a solicitation for such an offer by
Tenant. Landlord shall not be bound by this Lease until Landlord has executed and delivered the same to Tenant. Tenant agrees that its
execution of this Lease constitutes a firm offer to enter the same, which may not be withdrawn for a period of thirty (30) days after
delivery to Landlord (or such other period as may be expressly provided in any other agreement signed by the parties).

 

26.13    It
is intended that all Rent payable by Tenant to Landlord, which includes all sums, charges, or amounts of whatever nature to be paid
by Tenant to Landlord in accordance with the provisions of this Lease, shall qualify as “rents from real property”
within the meaning of both Sections 512(b)(3) and 856(d) of the Internal Revenue Code (the “Code”) and the U.S.
Department of Treasury Regulations promulgated thereunder (the “Regulations”). If Landlord, in its sole
discretion, determines that there is any risk that all or part of any Rent shall not qualify as “rents from real
property” for the purposes of Section 512(b)(3) or 856(d) of the Code and the Regulations, Tenant agrees to (a) cooperate with
Landlord by entering into such amendment or amendments to this Lease (or any applicable sublease or assignment of this Lease) as
Landlord reasonably deems necessary to qualify all Rent as “rents from real property,” and (b) permit an assignment of
this Lease; provided, however, that any adjustments required under this Section 26.13 shall be made so as to produce the
substantially equivalent (in economic terms) Rent as payable before the adjustment.

 

    35 

     

    

 

26.14   
If Landlord is advised by its counsel at any time that any part of the payments by Tenant to Landlord under this Lease may be characterized
as unrelated business income under the United States Internal Revenue Code and its regulations, then Tenant shall enter into any amendment
proposed by Landlord to avoid such income so long as the amendment does not create adverse consequences for Tenant or otherwise require
Tenant to make more payments or accept fewer services from Landlord than this Lease provides.

 

26.15   
Tenant shall not record this Lease or any memorandum or notice of Lease.

 

26.16   
This Lease may be executed in counterparts and shall constitute an agreement binding on all parties notwithstanding that all parties
are not signatories to the original or the same counterpart provided that all parties are furnished a copy or copies thereof reflecting
the signature of all parties. Transmission by email of a .pdf copy of the signed counterpart of this Lease shall be deemed the equivalent
of the delivery of the original and any party so delivering a .pdf copy of the signed counterpart of this Lease by email transmission
shall in all events deliver to the other party an original signature promptly upon request.

 

[Remainder of page intentionally left blank]

 

    36 

     

    

 

Landlord and Tenant have executed
this Lease under seal in two or more counterparts as of the day and year first above written.

 

	 	LANDLORD:
	 	 
	 	NEEP INVESTORS HOLDINGS LLC,
    a Delaware limited liability company
	 	 
	 	 
	 	By:	/s/ Stephen A. Kinsella
	 	Name:	Stephen A. Kinsella
	 	Title:	Authorized Officer
	 	 

 

	 	TENANT:
	 	 
	 	BUTTERFLY NETWORK, INC., a
    Delaware corporation
	 	 
	 	 
	 	By:	/s/ Todd Fruchterman
	 	Name:	Todd Fruchterman
	 	Title:	President & Chief Executive Officer

 

 

    37 

     

    

 

EXHIBIT A-1

 

OUTLINE AND LOCATION OF PREMISES

 

 

 

 

[CONTINUED ON FOLLOWING PAGE]

 

    A-1

     

    

 

 

 

 

 

 

    A-1

     

    

 

EXHIBIT A-2

 

OUTLINE AND LOCATION OF TEMPORARY SPACE

 

 

 

    A-2

     

    

 

 

EXHIBIT A-3

 

LIST OF TEMPORARY SPACE FURNITURE 

 

Building 800:

 

		-	(1) Conference Room Table with 10 Ivory Chairs

 

		-	(3) desks (2 with 3 white chairs and 1 with 2 white chairs)

 

		-	(4) long work stations with 4 white chairs per station

 

		-	(1) high top wooden table with 4 red chairs and 2 white chairs

 

		-	(1) high top wooden table with 6 white chairs

 

		-	(2) white tables (one table has a chair)

 

		-	(2) low red chairs and a low ottoman/table

 

		-	Kitchen table (wooden top with black legs) and 4 chairs

 

Building 1600:

 

		-	(15) white rectangular adjustable riser desks 

 

		-	(5) additional black chairs

 

		-	Blue couch

 

		-	Gray fabric side chair

 

		-	White rectangular coffee table

 

		-	2 gray 2-drawer file cabinets

 

		-	Small white round table

 

		-	Server room rack

 

		-	Refrigerator

 

		-	(10 brand new black chair (unopened box)

 

		-	(4) L-shaped office desks with accompanying chairs

 

		-	(3) Individual workstations with 12 accompanying chairs (each workstation
seats 4-people)

 

		-	(1) round breakout table with 4 accompanying chairs

 

		-	(1) conference room table with 8 accompanying chairs

 

Building 2400:

 

		-	(3) Desks with 2 white/gray chairs

 

		-	(1) Conference room table with 10 chairs

 

		-	(1) long work station with 4 chairs

 

    A-3

     

    

 

EXHIBIT B

 

EXPENSES
AND TAXES

 

	1.	Payments.

 

1.01 Tenant shall pay Tenant’s
Pro Rata Share of the amount, if any, by which Expenses (defined below) for each calendar year during the Term exceed Expenses for the
Base Year for Expenses (the “Expense Excess”) and also the amount, if any, by which Taxes (defined below) for each
Fiscal Year during the Term exceed Taxes for the Base Year for Taxes (the “Tax Excess”). If Expenses in any calendar
year decrease below the amount of Expenses for the Base Year for Expenses, then Tenant’s Pro Rata Share of Expenses for that calendar
year shall be $0. If Taxes in any Fiscal Year decrease below the amount of Taxes for the Base Year for Taxes, then Tenant’s Pro
Rata Share of Taxes for that Fiscal Year shall be $0. Landlord shall provide Tenant with a good faith estimate of the Expense Excess and
of the Tax Excess for each calendar year and Fiscal Year, respectively, during the Term. On or before the first (1st) day of
each calendar month, Tenant shall pay to Landlord a monthly installment equal to one-twelfth of Tenant’s Pro Rata Share of Landlord’s
estimate of both the Expense Excess and the Tax Excess. If Landlord determines that its good faith estimate of the Expense Excess or of
the Tax Excess was incorrect by a material amount, then Landlord may provide Tenant with a revised estimate. After its receipt of a revised
estimate, Tenant’s monthly payments shall be based upon the revised estimate. If Landlord does not provide Tenant with an estimate
of the Expense Excess by the first (1st) day of a calendar year or the Tax Excess by the first (1st) day of a Fiscal
Year, as the case may be, then Tenant shall continue to pay monthly installments based on the previous year’s estimate(s) until
Landlord provides Tenant with the new estimate. Upon delivery of the new estimate, an adjustment shall be made for any calendar month
for which Tenant paid monthly installments based on the previous year’s estimate. Tenant shall pay Landlord the amount of any underpayment
within thirty (30) days after receipt of the new estimate. Any overpayment shall be refunded to Tenant within thirty (30) days or credited
against the next due future installment(s) of Additional Rent.

 

1.02 As soon as is practical
but no more than one hundred twenty (120) days following the end of each (a) calendar year, Landlord shall furnish Tenant with a statement
of the actual Expenses and Expense Excess for the prior calendar year, and (b) Fiscal Year, Landlord shall furnish Tenant with a statement
of the actual Taxes and Tax Excess for the prior Fiscal Year. If the estimated Expense Excess for the prior calendar year is more than
the actual Expense Excess for the prior calendar year, or if the estimated Tax Excess for the prior Fiscal Year is more than the actual
Tax Excess for the prior Fiscal Year, then Landlord shall either provide Tenant with a refund or apply any overpayment by Tenant against
Additional Rent due or next becoming due; provided, that, if the Term expires before the determination of such overpayment, then Landlord
shall refund any overpayment to Tenant after first deducting the amount of Rent due. If the estimated Expense Excess for the prior calendar
year is less than the actual Expense Excess for the prior calendar year, or if the estimated Tax Excess for the prior Fiscal Year is less
than the actual Tax Excess for the prior Fiscal Year, then Tenant shall pay Landlord, within thirty (30) days after its receipt of the
statement of Expenses or Taxes, any underpayment for the prior calendar year or Fiscal Year, as the case may be.

 

    B-1

     

    

 

	2.	Expenses.

 

2.01
 “Expenses” means all costs and expenses incurred in each calendar year in connection with operating, maintaining,
repairing, and managing the Building, the Property and the Park (as hereinafter provided for) and calculated by Landlord in
accordance with GAAP. Subject to the terms and provisions in Section 2.02 below, Expenses include, without limitation: (a) all labor
and labor related costs, including wages, salaries, bonuses, taxes, insurance, uniforms, training, retirement plans, pension plans
and other employee benefits; (b) management fees in an amount equal to three percent (3%) of the gross revenues from the
Building; (c) the cost of equipping, staffing and operating an on-site and/or off-site management office for the Building
(provided if the management office services one or more other buildings or properties, then the shared costs and expenses of
equipping, staffing and operating such management office(s) shall be equitably prorated and apportioned between the Building and the
other buildings or properties); (d) accounting costs; (e) the cost of services; (f) rental and purchase cost of
parts, supplies, tools and equipment; (g) insurance premiums and deductibles, including insurance endorsements applicable to
green buildings, including, without limitation, coverage in order to repair, restore, replace and re-commission the Building for
certification or recertification in accordance with standards applicable to the U.S. Environmental Protection Agency’s ENERGY
STAR rating, the U.S. Green Building Council’s LEED Green Building Rating System, the Building Owners and Managers Association
(BOMA) International’s 360 Performance Program or any comparable rating, certification or performance program now or hereafter
in existence (“Third Party Sustainability Standards”) (without hereby obligating Landlord to seek such
certification) or support achieving energy and carbon reduction targets; (h) electricity, gas and other utility costs; (i) the
cost of sustainability and energy management services including all costs of applying, reporting and commissioning the Building or
any part thereof to seek certification under any Third Party Sustainability Standard applicable to the Building as in effect from
time to time; (j) all costs of maintaining, managing, reporting, commissioning and re-commissioning the Building or any part thereof
that is rated, certified or otherwise labeled under any Third Party Sustainability Standards applicable to the Building; and
(k) the amortized cost of capital improvements (as distinguished from repairs or replacement parts or components installed in
the ordinary course of business, all of which shall be includable in Expenses, but excluding in any event replacement of the roof,
HVAC, parking lot or structure of the Building) made subsequent to the Base Year for Expenses which are (1) intended to effect
economies in the operation or maintenance of the Property and/or the Park and/or reduce current or future Expenses, or
(2) required under any Law enacted and/or that is first effective after the Effective Date. The cost of capital improvements
shall be amortized by Landlord over the useful life of the capital improvement as reasonably determined by Landlord in accordance
with GAAP. The amortized cost of capital improvements may, at Landlord’s option, include actual or imputed interest at the
rate that Landlord would reasonably be required to pay to finance the cost of the capital improvement. Landlord, by itself or
through an affiliate, shall have the right to directly perform, provide and be compensated for any services under this Lease. If
Landlord incurs Expenses for the Building or the Property together with one or more other buildings in the Park, whether pursuant to
a reciprocal easement agreement, common area agreement or otherwise, the shared costs and expenses shall be equitably prorated and
apportioned between the Building and the Property and the other buildings or properties in the Park, as applicable. 

 

2.02 For purposes of
calculating actual Expenses under this Exhibit B, the maximum increase in the aggregate amount of Controllable Expenses (as
defined below) that may be included in calculating such actual Expenses for each calendar year following the first full calendar
year after the Base Year shall be limited to five percent (5%) over the immediately preceding calendar year on a non-cumulative,
non-compounded annual basis. As used herein, “Controllable Expenses” shall mean the aggregate of all Expenses for
the applicable calendar year other than (i) insurance costs and expenses, (ii) utility demand and usage costs, (iii) snow and ice
removal costs, and (iv) any costs incurred by Landlord in order to comply with any Law enacted and/or that is first effective after
the Effective Date (including, without limitation, the amortized cost of capital improvements pursuant to Section 2.01(k) above).
Notwithstanding anything to the contrary in this Lease, Expenses shall not include, and Tenant shall in no event have any obligation
to perform or to pay directly, or to reimburse Landlord for, all or any portion of the following:

 

(a)       leasing
commissions, fees and costs, advertising and promotional expenses and other costs incurred in procuring tenants or in selling the Building
or the Property;

 

    B-2

     

    

 

(b)       legal
fees or other expenses incurred in connection with enforcing leases with tenants in the Building other than Tenant;

 

(c)       costs
of renovating or otherwise improving or decorating space solely for the benefit of any tenant or other occupant of the Building or the
Property, including Tenant, or relocating any tenant;

 

(d)      financing
costs on any mortgage or other instrument encumbering the Building including interest, charges, fees and principal amortization of debts
and the costs of providing the same and rental on ground leases or other underlying leases and the costs of providing the same;

 

(e)       amortization
and except as otherwise expressly provided herein, depreciation;

 

(f)       salaries,
wages, labor-burden or other compensation or benefits paid to off-site employees or other employees of Landlord who are not assigned full-time
to the operation, management, maintenance, or repair of the Building or any fee, profit or compensation retained by Landlord or its affiliates
for management and administration of the Park in excess of three percent (3%) of Base Rent; provided, however, Expenses may include Landlord's
reasonable allocation of the total compensation paid for the wages, salary or other compensation or benefits paid to the Building manager
or other staff, if on-site or off-site, who are assigned part-time to the operation, management, maintenance or repair of the Building;

 

(g)      any
cost associated with operating as an on or off-site management office for the Building, except to the extent included in the management
fee or for property-related personnel as permitted above;

 

(h)       any
liabilities, costs or expenses associated with or incurred in connection with the remediation, removal, enclosure, encapsulation or other
handling of Hazardous Materials and the cost of defending against claims and in regard to the existence, emission or release of Hazardous
Materials at the Building or the Land (except to the extent of those costs for which Tenant is responsible pursuant to the express terms
of this Lease);

 

(i)        costs
of any items for which Landlord is actually paid or reimbursed by insurance or which would have been reimbursed if Landlord had used commercially
reasonable efforts to pursue such reimbursement;

 

    B-3

     

    

 

(j)         increased
insurance or Taxes assessed specifically to any tenant of the Building or the Property for which Landlord is reimbursed by any other tenant
or caused by the activities of another occupant of the Park;

 

(k)        insurance
costs for coverage not customarily paid by tenants of similar projects in the vicinity of the Premises, earthquake insurance premiums,
increases in insurance costs insurance deductibles, and co-insurance payments;

 

(l)        charges
for services not provided to Tenant under this Lease or of a nature that are payable directly by Tenant under this Lease and utilities
(i.e. water and electricity), services or goods and applicable taxes for which Tenant or any other tenant, occupant, person or other party
reimburses Landlord or pays to third parties;

 

(m)       the
cost of any work or service performed on an extra cost basis for any tenant in the Building or the Property including for after-hours
HVAC, janitorial or other services provided to tenants or to a materially greater extent or in a materially more favorable manner than
furnished generally to the tenants and other occupants of the Building;

 

(n)        all
other items for which another party compensates or pays so that Landlord shall not recover any item of cost more than once;

 

(o)        the
cost of installing any specialty service, such as a cafeteria, observatory, broadcasting facilities, child or daycare in the Building;

 

(p)        cost
of correcting defects in the initial design, construction or equipment of, or latent defects in, the Premises or the Park (but not the
costs of ordinary and customary repair for normal wear and tear) or to comply with any covenant, condition, restriction, underwriter’s
requirement or Law applicable to the Premises or the Park on the Commencement Date;

 

(q)        cost
of any work or services performed for any real property other than the Building or the Park;

 

(r)        any
cost representing an amount paid to a person, firm, corporation or other entity related to Landlord that is in excess of the amount which
would have been paid in the absence of such relationship;

 

(s)        cost
of initial cleaning and rubbish removal from the Building or the Property to be performed before final completion of the Landlord Work;

 

(t)         cost
of initial landscaping of the Building or the Land in connection with the original construction of the Building;

 

(u)       cost
of any item that, under GAAP, is properly classified as a capital expense, except to the extent expressly permitted pursuant to Section
2.01(k) above;

 

(v)       payments
for rental equipment other than equipment for which depreciation is properly charged as an Expense or which is needed in connection with
normal repairs and maintenance of permanent systems that would constitute a capital expenditure if the equipment were purchased;

 

    B-4

     

    

 

(w)       cost
of the initial stock of tools and equipment for the operation, repair and maintenance of the Building or the Property in connection with
the original construction of the Building;

 

(x)        late
fees or charges incurred by Landlord due to the late payment of Expenses, except to the extent attributable to Tenant’s actions
or inactions;

 

(y)      cost
of acquiring, securing, cleaning or maintaining sculptures, paintings and other works of art and costs of any renovation, improvement,
painting or redecorating of any portion of the Property not made available for Tenant’s use;

 

(z)        taxes
on Landlord’s business (such as income, excess profits, franchise, capital stock, estate, inheritance, etc.);

 

(aa)      any items
specifically excluded from Taxes;

 

(bb)     any expenses
in connection with the operation of on-site parking facilities, except to the extent, if any, such expenses exceed all income received
by Landlord directly in connection with such on-site parking facilities;

 

(cc)       charitable
or political contributions;

 

(dd)       reserve
funds for future improvements, repairs, additions, etc.;

 

(ee)       Landlord’s
general overhead and any other expenses not directly attributable to the operation and management of the Building and the Park (e.g.,
the activities of Landlord’s officers and executives or professional development expenditures), except to the extent included in
the management fee or for property related personnel as permitted above;

 

(ff)      costs and
expenses incurred in connection with any act, omission of or in contesting or settlement of any claimed violation by Landlord, any other
occupant of the Park, or their respective agents, employees or contractors, of Law or requirements of Law;

 

(gg)      costs of
mitigation or impact fees or subsidies (however characterized), imposed by a Governmental Authority;

 

(hh)      costs related
to transit or vanpools provided by Landlord, except to the extent that Tenant shall elect to participate in the service to which such
costs relate;

 

(ii)        costs
occasioned by casualties or condemnation;

 

(jj)        costs incurred
in connection with negotiations or disputes with any other occupant of the Park and costs arising from the violation by Landlord or any
other occupant of the Park of the terms and conditions of any lease or other agreement; and

 

(kk)      costs of
structural repairs to the Building other than capital improvements that are permitted to be included in Expenses pursuant to Section 2.01(k)
above.

 

    B-5

     

    

 

2.03 If at any time during
a calendar year the Building and/or any other building in the Park, as applicable, is not one hundred percent (100%) occupied (or a service
provided by Landlord to tenants of the Building (and/or any such other building) generally is not provided by Landlord to a tenant that
provides such service itself, or any tenant of the Building (and/or any such other building) is entitled to free rent, rent abatement
or the like), then Expenses shall be determined as if the Building (and/or any such other building) had been one hundred percent (100%)
occupied (and all services provided by Landlord to tenants of the Building (and/or any such other building) generally had been provided
by Landlord to all tenants, and no tenant of the Building (and/or any such other building) had been entitled to free rent, rent
abatement or the like) during that calendar year, and the Expenses for the Base Year for Expenses shall also be determined in such manner.
The extrapolation of Expenses under this Section 2.03 shall be performed in accordance with the methodology specified by the Building
Owners and Managers Association.

 

	3.	Taxes.

 

3.01       “Taxes”
shall mean: (a) all real property taxes and other assessments on the Building and/or the Property, including, but not limited to,
gross receipts taxes, assessments for special improvement districts and building improvement districts, governmental charges, fees and
assessments for police, fire, traffic mitigation or other governmental service of purported benefit to the Property, taxes and assessments
levied in substitution or supplementation in whole or in part of any such taxes and assessments and the Property’s share of any
real estate taxes and assessments under any reciprocal easement agreement, common area agreement or similar agreement as to the Property;
(b) all personal property taxes for property that is owned by Landlord and used in connection with the operation, maintenance and
repair of the Property; and (c) all costs and fees incurred in connection with seeking reductions in any tax liabilities described
in (a) and (b), including without limitation, any costs incurred by Landlord for compliance, review and appeal of tax liabilities. Taxes
shall be based on the maximum early payment discounts (to the extent applicable) and shall not include any fines or penalties unless such
fines or penalties were incurred by Landlord due to Tenant’s failure to pay Tenant’s Pro Rata Share of Taxes as and when due
under this Lease. Landlord will not collect more than one hundred percent (100%) of Taxes assessed on the Property.

 

Without limitation,
Taxes shall be determined without regard to any “green building” credit and shall not include any tax or assessment (i)
levied on Landlord’s rental income unless such tax or assessment is imposed in lieu of real property taxes, (ii) in excess of
the amount that would have been payable if such tax or assessment was paid by Landlord in installments over the longest period
permitted with respect to such tax or assessment pursuant to applicable Law, (iii) on land and improvements other than those located
within the Park or any additions thereto made after the Commencement Date unless requested by Tenant or made available for
Tenant’s use (which use may be in common with others entitled thereto), (iv) attributable to Landlord’s net income,
inheritance, gift, transfer or estate taxes, or (v) resulting from a transfer of any or all of the Park or any of the buildings or
other improvements within the Park for the sole use of other occupants or third parties; provided, however, that if at
any time during the Term the methods of taxation prevailing as of the Commencement Date shall be altered so that in lieu of, as a
substitute for, or in addition to, the whole or any part of the taxes, assessments, levies or charges now levied, assessed or
imposed on real estate and the improvements thereon, there shall be levied, assessed and imposed a tax, assessment, levy, imposition
or charge, wholly or partially as a capital levy or otherwise, on the rents received therefrom, or measured by or based in whole or
in part upon the Building and imposed upon Landlord, then all such taxes, assessments, levies, impositions or charges or the part
thereof so measured or based, shall be deemed to be included within the term “Taxes” for the purposes hereof.

 

    B-6

     

    

 

3.02       The
Base Year for Taxes shall be grossed up by Landlord to reflect a fully assessed Building for Taxes. Landlord may at any time and from
time to time make application for an abatement of Taxes and engage experts to prosecute such an abatement, including, without limitation,
if Landlord reasonably determines that any assessment for Taxes is unreasonable. If (a) such an abatement is successful, and/or (b) any
change in Taxes is obtained for any Fiscal Year of the Term during which Tenant paid Tenant’s Pro Rata Share of any Tax Excess,
then Taxes for that Fiscal Year will be retroactively adjusted and Landlord shall provide Tenant with a credit, if any, based on the adjustment.
Likewise, if a change is obtained for Taxes for the Base Year for Taxes, then Taxes for the Base Year for Taxes shall be restated and
the Tax Excess for all subsequent Fiscal Years shall be recomputed. Tenant shall pay Landlord the amount of Tenant’s Pro Rata Share
of any such increase in the Tax Excess within thirty (30) days after Tenant’s receipt of a statement from Landlord.

 

3.03       So
long as (a) Butterfly Network, Inc. occupies at least fifty percent (50%) of the Rentable Square Footage of the Premises in the Building
for the Permitted Use, (b) no Default of Tenant has occurred pursuant to Article 18 of this Lease, and (c) this Lease is in full force
and effect, then, if, with respect to any Fiscal Year during the Term, Tenant reasonably and in good faith believes that the amount of
Taxes being assessed against the Property for such Fiscal Year are materially in excess of what should reasonably be charged by the applicable
taxing authority, then Tenant may request, by written notice to Landlord, that Landlord file an application for abatement of such Taxes
for such Fiscal Year, which notice shall include reasonable and sufficient back-up information and data evidencing Tenant’s claim
that an application for abatement should be filed (“Tenant’s Tax Abatement Notice”). If Landlord, in its commercially
reasonable good faith judgment, believes that the abatement being requested by Tenant has a reasonable likelihood of being successful,
then Landlord may (without any obligation to do so), file an application for abatement of such Taxes for such Fiscal Year in Landlord’s
name, but at Tenant’s sole cost and expense. In any event, if any such abatement shall be obtained, the cost and expense of obtaining
the same shall be a first charge upon such abatement. If Landlord shall file an application for abatement pursuant to the provisions of
this Section 3.03, then Landlord shall prosecute the same to final determination and shall have the right, in its sole, but reasonable,
discretion, to settle, compromise or discontinue the same. Taxes shall nonetheless be paid on the date upon which they shall be due and
payable. In every case, any refund, rebate, credit or abatement of Taxes shall be applied in reduction of the Taxes payable by Tenant
to Landlord, after first reimbursing for their respective actual documented third party costs and expenses in the contest or other proceeding,
the parties participating in such contest or proceeding. Notwithstanding the foregoing, Tenant shall only be permitted to request that
Landlord file any such applications for abatement two (2) times during the initial Term and once during any applicable Extension Term.

 

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	4.	Audit Rights.

 

4.01 Within ninety (90)
days after receiving Landlord’s annual reconciliation statement of Expenses (or, at any time during the Term with respect to
the Base Year for Expenses; provided, that, such review by Tenant of the Base Year for Expenses shall only occur once during the
Term) (each such period is referred to as the “Review Notice Period”), Tenant may give Landlord written notice (a
 “Review Notice”) that Tenant intends to review Landlord’s records of the Expenses for the calendar year (or
Base Year for Expenses, as applicable) to which the statement applies, identifying, with a reasonable degree of specificity, the
information that Tenant desires to review (the “Request for Information”). Within a reasonable time after
Landlord’s receipt of a timely Request for Information and executed Audit Confidentiality Agreement (as defined below),
Landlord, as determined by Landlord, shall make available for inspection on site at such location deemed reasonably appropriate by
Landlord, such records (or copies thereof) for the applicable calendar year (or Base Year for Expenses, as applicable) that are
reasonably necessary for Tenant to conduct its review of the information appropriately identified in the Request for Information.
Within sixty (60) days after any particular records are made available to Tenant (such period is referred to as the
 “Objection Period”), Tenant shall have the right to give Landlord written notice (an “Objection
Notice”) stating in reasonable detail any objection to Landlord’s statement of Expenses for that calendar year which
relates to the records that have been made available to Tenant. If Tenant provides Landlord with a timely Objection Notice and the
parties agree that Expenses for the calendar year are less than reported, then Landlord shall provide Tenant with a credit against
the next installment of Additional Rent in the amount of the overpayment by Tenant. If the parties agree that Expenses for the
calendar year are greater than reported, then Tenant shall pay Landlord the amount of any underpayment within thirty (30) days. If
Tenant fails to give Landlord an Objection Notice with respect to any records that have been made available to Tenant prior to the
expiration of the Objection Period applicable to the records which have been provided to Tenant, then Tenant shall be deemed to have
approved Landlord’s statement of Expenses with respect to the matters reflected in such records and shall be barred from
raising any claims regarding the Expenses relating to such records for that calendar year. If Tenant fails to timely provide
Landlord with a Review Notice and the Request for Information Period described above, then Tenant shall be deemed to have approved
Landlord’s statement of Expenses and shall be barred from raising any claims regarding the Expenses for that calendar year. In
the event that any audit of Expenses by Tenant hereunder discloses that Landlord’s annual statement of such Expenses
overstated such Expenses actually due from Tenant hereunder by five percent (5%) or more in the aggregate, then Landlord shall
reimburse Tenant for Tenant’s reasonable and actual costs of Tenant’s Auditors (as defined below), not to exceed
$5,000.00 in the aggregate, within thirty (30) days following Landlord’s receipt of Tenant’s invoices therefor.

 

4.02 If Tenant retains an
agent to review Landlord’s records, the agent must be a certified public accountant employed by (a) a regional or nationally recognized
certified public accounting firm licensed to do business in the Commonwealth of Massachusetts, (b) Cushman & Wakefield, or (c) another
nationally recognized commercial leasing brokerage firm. Tenant shall be solely responsible for all costs, expenses and fees incurred
for the audit, and Tenant shall not directly or indirectly engage such agent or any other party in connection with such review whose compensation
or fees are charged in whole or in part on a contingency basis. The records and related information obtained by Tenant shall be treated
as confidential, and applicable only to the Building, by Tenant and its auditors, consultants and other parties reviewing such records
on behalf of Tenant (collectively, “Tenant’s Auditors”), and, prior to making any records available to Tenant
or Tenant’s Auditors, Landlord may require Tenant and Tenant’s Auditors to each execute a confidentiality agreement in a form
reasonably provided by Landlord (“Audit Confidentiality Agreement”) in accordance with the foregoing. In no event shall
Tenant be permitted to examine Landlord’s records or to dispute any statement of Expenses unless Tenant has paid and continues to
pay all Rent when due.

 

    B-8

     

    

 

EXHIBIT C

 

WORK
LETTER

 

	1.	This Work Letter shall set forth the obligations of Landlord and Tenant with respect to the preparation
of the Premises for Tenant's occupancy. As used herein, "Landlord Work" shall mean the work to be completed by Landlord,
in a good and workmanlike manner, and in accordance with applicable Laws, to prepare the Premises for Tenant’s occupancy utilizing
the methods and materials more particularly set forth in the Construction Documents (as defined below), as described in the plans and
specifications to be prepared by Landlord using Landlord’s architect, OTJ Architects (the “Architect”), based
on the concept plan attached hereto as Exhibit C-1 (the “Concept Plan”), which Concept Plan has been provided
to Landlord by Tenant at Tenant’s sole cost and expense subject to the Concept Plan Allowance (the “Plans and Specifications,”
and together with the Concept Plan, collectively, the “Construction Documents”), which are incorporated herein by reference,
all at Landlord’s sole cost and expense up to the amount of the Allowance, and which shall include delivering the Premises to Tenant
on the Substantial Completion Date with all HVAC, mechanical, electrical, lighting, plumbing and life safety systems serving the Premises
in good working order, condition and repair. Notwithstanding the foregoing, Tenant shall be solely responsible for the cost, expense and
installation of Tenant’s Tel/Data, Fixtures and Furniture, which shall not be part of the Landlord Work nor subject to reimbursement
from the Allowance. Landlord shall (a) enter into a direct contract for the Landlord Work with a general contractor selected by Landlord
in its sole discretion (the “General Contractor”), which may be Cranshaw Construction, an affiliate of Landlord, and
(b) require that the General Contractor competitively bid each major trade performing the Landlord Work to at least three (3) subcontractors.

 

	2.	Landlord shall use diligent efforts to cause the Architect to prepare the Plans and Specifications in
a timely manner and Tenant shall respond promptly (and in all events within five (5) Business Days) to Landlord’s requests
from time to time for Tenant’s approval of the Plans and Specifications and all construction-related items (e.g., carpet and paint
selections) not specified on the Concept Plan and/or the Plans and Specifications. The Plans and Specifications shall comply with the
Building’s construction rules and regulations, including, without limitation, those designed to maintain a uniform exterior appearance
of the Building. Landlord shall use reasonable efforts to review and approve (or provide comments on) any revisions or comments that Tenant
may have on the initial and any subsequent drafts of the Plans and Specifications within five (5) Business Days after the same are delivered
to Landlord; provided, that, Landlord reserves the right to extend such review period in the event that the Plans and Specifications require
Landlord to review, or to cause its third-party engineer to review, structural elements or other special elements of the Landlord Work.
The foregoing process shall continue until the Plans and Specifications are finalized and agreed to by Landlord and Tenant. Notwithstanding
the foregoing, subject to any failure of Landlord to review and approve (or provide comments on) any revisions or comments that Tenant
may have on the initial and any subsequent drafts of the Plans and Specifications within five (5) Business Days after the same are delivered
to Landlord, if Tenant has not approved the Construction Documents on or before June 24, 2021, then each day following such date that
the Construction Documents are not approved by Tenant shall constitute Tenant Delay.

 

    C-1

     

    

 

	3.	Landlord shall provide Tenant with an allowance for the Landlord Work Costs (as defined below) in an amount
not to exceed Five Million One Hundred Ninety-Six Thousand Seven Hundred Thirty and No/100 Dollars ($5,196,730.00) (the “Allowance”).
To the extent that the Landlord Work Costs exceed the Allowance (such excess being referred to as the “Excess Landlord Work Costs”),
Tenant shall pay for the entire amount of the Excess Landlord Work Costs and Landlord shall not provide any reimbursement therefor. The
 “Landlord Work Costs” shall mean (a) the total estimated so-called “hard costs” of the Landlord Work shown
on the Construction Documents, including the general contractor’s so-called “general conditions and fees” for the Landlord
Work, (b) architectural, mechanical, electrical and structural design fees incurred by Landlord for the Landlord Work (including, without
limitation, the cost of the Plans and Specifications) (the costs and expenses described in this clause (b), collectively, “Soft
Costs”), (c) all costs and expenses in obtaining permits and inspections required by Governmental Authorities in connection
with the Landlord Work, together with the costs of insuring the Landlord Work, to the extent not already included in the hard costs described
in clause (a) hereinabove, and (d) all costs of Building services or facilities (such as electricity, HVAC, fire alarm plug ins/outs,
freight elevator usage, and cleaning, in each case at Building standard rates charged to tenants generally) required to implement the
Landlord Work, all of which Landlord Work Costs shall be subject to adjustment for any Change Orders, if any. All Landlord Work Costs
shall be subject to reimbursement or application by Landlord from the Allowance; provided, however, that (i) in no
event shall more than ten percent (10%) of the Allowance be applied to Soft Costs (the “Soft Costs Cap”), and (ii)
Landlord, at its sole cost and expense, shall pay for the portion of the Plans and Specifications related to the lobby design for the
Building, which costs and expenses shall not be paid for out of the Allowance nor constitute Soft Costs hereunder. In the event that the
total amount of the Landlord Work Costs, as reasonably estimated by Landlord, exceeds the Allowance at any time or from time to time,
Landlord may from time to time require Tenant to pay the estimated Excess Landlord Work Costs to Landlord before Landlord shall be obligated
to commence or continue performing any Landlord Work or otherwise within ten (10) days following receipt of each Landlord’s
invoice therefor. Landlord shall have no obligation to disburse or apply any portion of the Allowance or to perform the Landlord Work
at any time when there exists a Default under this Lease (or for so long as an event or condition has occurred which with notice and the
passage of time would constitute such a Default), until such time as the Default (or the event or condition) has been cured by Tenant.

 

In addition to the
Allowance, within thirty (30) days following Landlord’s receipt of Tenant’s invoices evidencing the cost of the Concept Plan
and one (1) revision thereto, Landlord shall pay to the Architect an amount equal to Six Thousand One Hundred Thirteen and 80/100 Dollars
($6,113.80) towards the cost of the Concept Plan (the “Concept Plan Allowance”), with any costs relating to the Concept
Plan in excess of such amount being subject to the Soft Costs Cap.

 

	4.	If Tenant shall request any changes to the Landlord Work that are approved by Landlord, in its sole discretion
(each, a "Change Order"), then Landlord shall cause to be prepared any necessary revisions to the Construction Documents
and Tenant shall reimburse Landlord on demand for the cost of preparing such revisions. Landlord shall notify Tenant in writing of the
estimated increased cost, if any, which will be chargeable to Tenant by reason of such Change Order(s), and any Tenant Delay reasonably
expected to result therefrom. Tenant shall, within five (5) Business Days after receiving Landlord's estimate of the cost of the
Change Order(s), notify Landlord in writing whether it desires to proceed with such Change Order(s) and accept such increased cost and
Tenant Delay, if any. In the absence of such written authorization, Landlord shall have the option to continue work on the Premises disregarding
the requested Change Order(s) or Landlord may elect to discontinue the Landlord Work until it receives notice of Tenant's decision plus
payment of any such increased cost and acceptance by Tenant of such Tenant Delay, in which event Tenant shall be responsible for any additional
Tenant Delay in completion of the Landlord Work (as reasonably determined by Landlord) resulting from such delay in written authorization.

 

    C-2

     

    

 

	5.	If Landlord shall be delayed in the Landlord Work being Substantially Complete as a result of the occurrence
of any of the following (each, a "Tenant Delay"):

 

		(a)	Tenant's failure to furnish information in accordance with this Work Letter or to respond to any request
by Landlord for any approval or information within any time period prescribed herein, or if no time period is prescribed herein, then
within three (3) Business Days after such request; or

 

		(b)	Tenant's request for materials, finishes or installations that have long lead times and at least three
(3) Business Days have elapsed after Landlord has first informed Tenant that such materials, finishes or installations will cause a Tenant
Delay; or

 

		(c)	Any Change Order(s) or failure to timely approve same within three (3) Business Days following Landlord’s
request for such approval; or

 

		(d)	The performance or nonperformance by a person or entity employed by on or behalf of Tenant in the completion
of any work in the Premises (all such work and such persons or entities being subject to prior approval of Landlord) following three (3)
Business Days’ written notice of the same from Landlord; or

 

		(e)	Any request by Tenant that Landlord delay the completion of any component of the Landlord Work; or

 

		(f)	Any breach or default by Tenant in the performance of Tenant's obligations under this Lease that continues
for three (3) Business Days following written notice from Landlord that such breach or default has or will result in a Tenant Delay if
not cured within such three (3) Business Day period; or

 

		(g)	Tenant's failure to pay any amounts as and when due under this Work Letter and such failure continues
for three (3) Business Days following written notice from Landlord that such amounts remain unpaid; or

 

		(h)	Any delay resulting from Tenant having taken possession of the Premises for any reason prior to the Landlord
Work being Substantially Complete (including, without limitation, in connection with Tenant accessing the Premises prior to the Commencement
Date pursuant to Section 3.04 of this Lease) and such delay continues for three (3) Business Days following written notice from Landlord
regarding such delay; or

 

    C-3

     

    

 

		(i)	Tenant’s failure to deliver a Letter of Credit to Landlord satisfying the requirements of Article
6 within thirty (30) days following the Effective Date; or

 

		(j)	Any other delay chargeable to Tenant, its agents, employees or independent contractors that continues
for three (3) Business Days following written notice from Landlord regarding such delay;

 

then, for purposes
of determining the Commencement Date, the date that the Landlord Work shall be deemed to be Substantially Complete shall be the day that
the Landlord Work would have been Substantially Complete absent any such Tenant Delay, all as reasonably determined by Landlord. Without
limiting the foregoing, if a Tenant Delay is occurring pursuant to clause (i) hereinabove, then Landlord shall be entitled, at Landlord’s
election, to cease the performance of the Landlord Work without penalty (including, without limitation, pursuant to Section 3.03 of this
Lease) until Tenant delivers a Letter of Credit to Landlord satisfying the requirements of Article 6.

 

	6.	Tenant shall comply with all reasonable management plans, rules, regulations and requirements imposed
by Landlord from time to time (if any) and all applicable Laws in connection with the performance of any work affecting existing Hazardous
Materials (including but not limited to asbestos) which may exist in the Premises.

 

	7.	For purposes of this Work Letter, Landlord hereby designates William
                                Kennedy (Email: wkennedy@natdev.com; Phone No.: (617) 559-5123)) and Allan Luciw (Email:
                                aluciw@natdev.com; Phone No.: (781) 328-6440)) as Landlord’s construction representatives,
                                and Tenant hereby designates David Perri, COO (Email: dperri@butterflynetinc.com; Phone
                                No.: (617) 780-8660)) as Tenant’s construction representative. Landlord and Tenant hereby agree
                                that their respective construction representatives set forth herein shall be authorized to make binding
                                decisions on behalf of the party they represent with respect to plan preparation and approval and other
                                construction matters arising during the performance of the Landlord Work. Landlord and Tenant shall each
                                have the right to designate an alternative or additional construction representatives upon written notice
                                to the other party of such change.

 

	8.	This Work Letter shall not be deemed applicable to any additional space added to the original Premises
at any time or from time to time, whether by any options under this Lease or otherwise, or to any portion of the original Premises or
any additions to the Premises in the event of a renewal or extension of the original Term, whether by any options under this Lease or
otherwise, unless expressly so provided in this Lease or any amendment or supplement to this Lease. All capitalized terms used in this
Work Letter but not defined herein shall have the same meanings ascribed to such terms in this Lease.

 

	9.	If this Lease is terminated prior to the Substantial Completion Date for any reason due to a Default by
Tenant, in addition to any damages available to Landlord pursuant to the terms and provisions of this Lease, Tenant shall pay to Landlord,
within five (5) days following receipt of a statement therefor, all costs incurred by Landlord through the date of termination in connection
with the Landlord Work.

 

[END OF EXHIBIT C]

 

    C-4

     

    

 

EXHIBIT
C-1

 

CONCEPT Plan

 

 

 

[Continued
on following page]

 

    C-5

     

    

 

 

 

 

[CONTINUED ON FOLLOWING PAGE]

 

    C-6

     

    

 

 

 

    C-7

     

    

 

EXHIBIT D

 

COMMENCEMENT LETTER

 

		Date:	_____________, 2021

 

		Tenant:	Butterfly Network, Inc.

		Address	1600 District Avenue

Burlington, MA 01803

 

		Re:	Commencement Letter with respect to that certain Office Lease Agreement dated as of __________, 2021,
by and between NEEP Investors Holdings LLC, as landlord, and Butterfly Network, Inc., as tenant, for 61,138 rentable square
feet of the Building located at 1600 District Avenue, Burlington, Massachusetts 01803 (the “Lease”). Capitalized terms
used but not defined herein shall have the meanings ascribed to them in the Lease.

 

Dear       __________________:

 

In accordance with the terms
and conditions of the above referenced Lease, Tenant hereby confirms and agrees that it has accepted possession of the Premises with the
Landlord Work having been Substantially Completed (as defined in the Lease), and acknowledges as follows:

 

		1.	The Commencement Date of the Lease is                                        ;

 

		2.	The Rent Commencement Date of the Lease
                                            is                                       ;

 

		3.	The Termination Date of the Lease is                                        ;
and

 

		4.	The Termination Fee payable by Tenant to
                                            Landlord if Tenant exercises its Termination Option pursuant to Section IV of Exhibit
                                            F of the Lease is                                        .

 

Please acknowledge the foregoing
and your acceptance of possession by countersigning this Commencement Letter in the space provided below and returning a signed counterpart
to my attention at                     @natdev.com. Tenant’s failure to execute and return this letter, or to provide written objection
to the statements contained in this letter, within ten (10) days after the date of this letter shall be deemed an approval by Tenant
of the statements contained herein.

 

Sincerely,

 

NEEP Investors Holdings LLC

 

	By: 	                           	 
	               Authorized Signatory	 

 

Acknowledged and Accepted:

 

		Tenant:	______________________
		By:	______________________

		Name:	______________________

		Title:	______________________

		Date:	_________________, 20__

 

    D-1

     

    

 

EXHIBIT E

 

BUILDING RULES AND REGULATIONS

 

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

 

The following rules and regulations
shall apply, where applicable, to the Premises, the Building, the parking facilities (if any), the Property and the appurtenances thereto.
In the event of a conflict between the following rules and regulations and the remainder of the terms of this Lease, the remainder of
the terms of this Lease shall control.

 

1.       Sidewalks,
doorways, vestibules, halls, stairways and other similar areas shall not be obstructed by Tenant or used by Tenant for any purpose other
than ingress and egress to and from the Premises. No rubbish, litter, trash, or material shall be placed, emptied, or thrown in those
areas. At no time shall Tenant permit Tenant’s employees to loiter in Common Areas (unless Tenant then has the exclusive right to
use such Common Areas pursuant to Section 2 of this Lease) or elsewhere about the Building or Property.

 

2.       Plumbing
fixtures and appliances shall be used only for the purposes for which designed and no sweepings, rubbish, rags or other unsuitable material
shall be thrown or placed in the fixtures or appliances.

 

3.       Intentionally
Omitted.

 

4.       Landlord
may provide and maintain in the first floor (main lobby) of the Building an alphabetical directory board or other directory device listing
tenants and no other directory shall be permitted unless previously consented to by Landlord in writing.

 

5.       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, and Landlord shall have the right at all times to retain and use keys or other access codes or devices to
all locks within and into the Premises. A reasonable number of keys to the locks on the entry doors in the Premises shall be furnished
by Landlord to Tenant at Landlord’s cost and Tenant shall not make any duplicate keys. All keys shall be returned to Landlord at
the expiration or early termination of this Lease.

 

6.       All
contractors, contractor’s representatives and installation technicians performing work in the Building shall be subject to Landlord’s
prior approval, which approval shall not be unreasonably withheld, and shall be required to provide certificates of insurance as required
under Section 9.03 of this Lease and comply with Landlord’s standard rules, regulations, policies and procedures, which may be revised
from time to time. Landlord has no obligation to allow any particular telecommunication service provider to have access to the Building
or to the Premises. If Landlord permits access, Landlord may condition the access upon the payment to Landlord by the service provider
of fees assessed by Landlord in Landlord’s sole discretion.

 

7.       Movement
in or out of the Building of furniture or office equipment, or dispatch or receipt by Tenant of merchandise or materials requiring
the use of elevators, stairways, lobby areas or loading dock areas, shall be performed in a manner and restricted to hours
reasonably designated by Landlord. Tenant shall obtain Landlord’s prior approval by providing a detailed listing of the
activity, including the names of any contractors, vendors or delivery companies, which approval shall not be unreasonably withheld.
Tenant shall assume all risk for damage, injury or loss in connection with the activity and shall provide appropriate certificates
of insurance covering any such activities as may be required by Landlord.

 

    E-1

     

    

 

8.          Landlord
shall have the right to approve the weight, size, or location of heavy equipment or articles in and about the Premises, which approval
shall not be unreasonably withheld; provided, that, approval by Landlord shall not relieve Tenant from liability for any damage in connection
with such heavy equipment or articles.

 

9.         Corridor
doors, when not in use, shall be kept closed.

 

10.       Tenant
shall not: (a) make or permit any improper, objectionable or unpleasant noises or odors in the Building, or otherwise interfere in
any way with other tenants or persons having business with them; (b) solicit business or distribute or cause to be distributed, in
any portion of the Building, handbills, promotional materials or other advertising; or (c) conduct or permit other activities in
the Building that might, in Landlord’s sole opinion, constitute a nuisance.

 

11.       Intentionally
Omitted.

 

12.       No
inflammable, explosive or dangerous fluids or substances shall be used or kept by Tenant in the Premises, Building or about the Property,
except for those substances as are typically found in similar premises used for general office purposes and are being used by Tenant in
a safe manner and in accordance with all applicable Laws. Tenant shall not, without Landlord’s prior written consent, use, store,
install, spill, remove, release or dispose of, within or about the Premises or any other portion of the Property, any asbestos-containing
materials or any solid, liquid or gaseous material now or subsequently considered toxic or hazardous under the provisions of 42 U.S.C.
Section 9601 et seq., M.G.L. c. 21C, M.G.L. c. 21E or any other applicable environmental Law which may now or later be in effect
(collectively, “Environmental Laws,” and any such materials or substances, collectively, “Hazardous Materials”).
Tenant shall comply with all Laws pertaining to and governing the use of these materials by Tenant and shall remain solely liable for
the costs of abatement and removal.

 

13.       Tenant
shall not use or occupy the Premises in any manner or for any purpose which might injure the reputation or impair the present or future
value of the Premises or the Building. Tenant shall not use, or permit any part of the Premises to be used for lodging, sleeping or for
any illegal purpose.

 

14.       Tenant
shall not take any action which would violate Landlord’s labor contracts or which would cause a work stoppage, picketing, labor
disruption or dispute or interfere with Landlord’s or any other tenant’s or occupant’s business or with the rights and
privileges of any person lawfully in the Building (“Labor Disruption”). Tenant shall take the actions necessary to
resolve the Labor Disruption, and shall have pickets removed and, at the request of Landlord, immediately terminate any work in the Premises
that gave rise to the Labor Disruption, until Landlord gives its written consent for the work to resume. Tenant shall have no claim for
damages against Landlord or any of the Landlord Related Parties nor shall the Commencement Date of the Term be extended as a result of
the above actions.

 

15.       Tenant
shall not (a) install, operate or maintain in the Premises or in any other area of the Building, electrical equipment that would
overload the electrical system beyond its capacity for proper, efficient and safe operation as determined solely by Landlord, (b)
exceed the standard density limit for the Building, (c) furnish cooling or heating to the Premises, including without limitation,
the use of electric or gas heating devices, without Landlord’s prior written consent, (d) use more than its proportionate
share of telephone lines and other telecommunication facilities available to service the Building, or (e) permit space heaters or
other energy-intensive equipment unnecessary to the conduct of Tenant’s business without written approval by Landlord. Any
space conditioning equipment that is placed in the Premises for the purpose of increasing comfort to tenants shall be operated on
sensors or timers that limit operation of equipment to hours of occupancy in the areas immediately adjacent to the occupying
personnel.

 

    E-2

     

    

 

16.       Tenant
shall not operate or permit to be operated a coin or token operated vending machine or similar device (including without limitation, telephones,
lockers, toilets, scales, amusement devices and machines for sale of beverages, foods, candy, cigarettes and other goods), except for
machines for the exclusive use of Tenant’s employees and invitees.

 

17.       Bicycles
and other vehicles are not permitted inside the Building or on the walkways outside the Building, except in areas designated by Landlord.

 

18.       Landlord
may from time to time adopt systems and procedures for the security and safety of the Building and Property, their occupants, entry, use
and contents. Tenant, its agents, employees, contractors, guests and invitees shall comply with Landlord’s systems and procedures.

 

19.       Landlord
shall have the right to prohibit the use of the name of the Building or any other publicity by Tenant that in Landlord’s sole opinion
may impair the reputation of the Building or its desirability. Upon written notice from Landlord, Tenant shall refrain from and discontinue
such publicity immediately.

 

20.       Neither
Tenant nor its agents, employees, contractors, guests or invitees shall smoke or permit smoking in the Common Areas, unless a portion
of the Common Areas have been declared a designated smoking area by Landlord, nor shall the above parties allow smoke from the Premises
to emanate into the Common Areas or any other part of the Building. Landlord shall have the right to designate the Building (including
the Premises) as a non-smoking building.

 

21.       Landlord
shall have the right to designate and approve standard window coverings for the Premises and to establish rules to assure that the Building
presents a uniform exterior appearance. Tenant shall ensure, to the extent reasonably practicable, that window coverings are closed on
windows in the Premises while they are exposed to the direct rays of the sun.

 

22.       Deliveries
to and from the Premises shall be made only at the times in the areas and through the entrances and exits reasonably designated by Landlord.
Tenant shall not make deliveries to or from the Premises in a manner that might interfere with the use by any other tenant of its premises
or of the Common Areas, any pedestrian use, or any use which is inconsistent with good business practice.

 

23.       The
work of cleaning personnel shall not be hindered by Tenant after 5:30 p.m., and cleaning
work may be done at any time when the offices are vacant. Windows, doors and fixtures may be cleaned at any time. Tenant shall provide
adequate waste and rubbish receptacles to prevent unreasonable hardship to the cleaning service.

 

24.       Tenant
shall cause its employees, agents, invitees and contractors to comply with Landlord’s smoking policy for the Building and the Park,
which may be communicated to Tenant from time to time (e.g. smokers to use only designated outside area(s)).

 

25.       Tenant
shall at all times cause its employees, agents, invitees and contractors to obey posted speed limits within the Park.

 

26.       Tenant
acknowledges that it is Landlord’s intention that the Property be operated in a manner which is consistent with LEED-EB: O&M
sustainability practices. Tenant is required to comply with these practices within its Premises.

 

    E-3

     

    

 

EXHIBIT F

 

ADDITIONAL
PROVISIONS

 

I.             
PARKING.

 

Landlord agrees that during
the Term of this Lease, Tenant shall have the right (at no additional charge), in connection with the operation of its business for the
Permitted Use following the Commencement Date, to use (a) one hundred ninety-nine (199) non-designated parking spaces (based on a ratio
of 3.25 parking spaces per 1,000 rentable square feet of the Premises) as may be reasonably necessary to accommodate Tenant’s officers,
employees, guests, invitees and clients, and (b) ten (10) reserved parking spaces within the garage in the Park serving the Building.
Tenant’s parking spaces shall be located in the areas designated at the Park by Landlord from time to time in its sole discretion,
including without limitation, some or all of such parking spaces in the parking garage in the Park. At Landlord’s election and at
no cost to Tenant, Landlord may designate parking spaces for exclusive use by Tenant and other tenants of the Property and may install
signage or implement a pass or sticker system to control parking use, and may employ valet parking to meet the requirements of this Section.
To the extent applicable to Tenant’s use of the parking spaces, the provisions of this Lease shall apply, including rules and regulations
of general applicability from time to time promulgated by Landlord.

 

II.           
EXTENSION OPTIONS.

 

		A.	Grant of Option; Conditions. Tenant shall have the right to extend the Term (each, an “Extension
Option”) for two (2) additional periods of five (5) years each commencing on the day following the (i) Termination Date of the
initial Term and ending on the fifth (5th) anniversary of the Termination Date with respect to the first Extension Option (the
 “First Extension Option,” and such period, the “First Extension Term”), and (ii) expiration of the
First Extension Term and ending on the tenth (10th) anniversary of the Termination Date with respect to the second Extension
Option (the “Second Extension Option,” and such period, the “Second Extension Term”) (the First
Extension Term or the Second Extension Term, as applicable, an “Extension Term”), in each case if:

 

		1.	Landlord receives irrevocable and unconditional written notice of exercise (“Extension Notice”)
not less than nine (9) nor more than fifteen (15) full calendar months prior to the expiration of the (a) initial Term with respect to
the First Extension Option, and (b) First Extension Term with respect to the Second Extension Option;

 

		2.	Tenant is not in Default under the Lease beyond any applicable cure periods either as of the time that
Tenant delivers its Extension Notice or as of the commencement of such applicable Extension Term;

 

		3.	Tenant is in occupancy of at least fifty percent (50%) of the Rentable Square Footage of the Premises
and no more than fifty percent (50%) of the Rentable Square Footage of the Premises is sublet (other than to an Affiliate, as that term
is defined in Section 11.04) in each case either as of the time that Tenant delivers its applicable Extension Notice or as of the commencement
of such applicable Extension Term; and

 

    F-1

     

    

 

		4.	The Lease has not been assigned (other than to an Affiliate or a Business Transferee, as those terms are
defined in Section 11.04) prior to the date that Tenant delivers its applicable Extension Notice to Landlord.

 

		B.	Terms Applicable to Premises During Extension Term.

 

		1.	The initial Base Rent rate per Rentable Square Footage of the Premises during the applicable Extension
Term shall equal ninety-five percent (95%) of the Prevailing Market (hereinafter defined) rate per Rentable Square Footage of the Premises.
Base Rent during the applicable Extension Term shall increase, if at all, in accordance with the increases assumed in the determination
of the Prevailing Market rate. Base Rent attributable to the Premises shall be payable in monthly installments in accordance with the
terms and conditions of the Lease.

 

		2.	Tenant shall pay Additional Rent (i.e. Taxes and Expenses) for the Premises during the applicable Extension
Term in accordance with the Lease, and the manner and method in which Tenant reimburses Landlord for Tenant’s share of Taxes and
Expenses and the Base Year applicable to such matter, shall be among the factors considered in determining the Prevailing Market rate
for the applicable Extension Term.

 

		C.	Definition of Prevailing Market. For purposes hereof, “Prevailing Market” shall
mean the annual rental rate per rentable square foot that a willing, comparable credit tenant at the time of the Extension Notice would
pay, and a willing comparable landlord would accept, in an arm’s-length negotiation for a lease comparable to this Lease and entered
into on or about the date on which the Prevailing Market is being determined hereunder for space comparable to the Premises in the Building,
the Park and other “Class A” office buildings comparable to the Building in the Burlington, Massachusetts area. The determination
of Prevailing Market shall take into account any material economic differences between the terms of this Lease and any comparison lease,
such as rent abatements, tenant improvement allowances, brokerage commissions, landlord costs, and all other applicable terms and conditions
of the tenancy in question, including the manner, if any, in which the landlord under any such lease is reimbursed for operating expenses
and taxes. Notwithstanding the foregoing, space leased under any of the following circumstances shall not be considered to be comparable
for purposes hereof: (i) the lease term is for less than five (5) years, (ii) the space is encumbered by the option rights of
another tenant, or (iii) the space has a lack of windows and/or an awkward or unusual shape or configuration. The foregoing is not
intended to be an exclusive list of space that will not be considered to be comparable.

 

    F-2

     

    

 

		D.	Arbitration Procedure. Tenant shall exercise its applicable Extension Option by giving Landlord
the Extension Notice relating thereto. If Tenant fails to deliver an applicable Extension Notice to Landlord within the time period described
above, then the applicable Extension Option relating to such Extension Notice shall be null and void and of no further force or effect.
Within thirty (30) days after receiving an applicable Tenant’s Extension Notice, Landlord shall give Tenant notice of Landlord’s
determination of the Prevailing Market rate for the applicable Extension Term (“Landlord’s
Determination Notice”). If Tenant disagrees with Landlord’s determination of the Prevailing Market rate, Landlord and
Tenant shall attempt to agree on the Prevailing Market rate. If the parties do not so agree on the Prevailing Market rate within thirty
(30) days following the date of Landlord’s Determination Notice, Landlord and Tenant shall submit the determination of Prevailing
Market rate to binding arbitration unless the parties otherwise mutually agree in their respective sole discretion. In such event, Landlord
and Tenant shall attempt to agree on an arbitrator within ten (10) days after the expiration of such 30-day period. If they fail, after
good faith efforts, to agree on an arbitrator within such 10-day period, then Landlord and Tenant shall each appoint a reputable commercial
leasing broker as arbitrator, each of whom shall have at least ten (10) years’ active and current experience in the commercial
real estate industry and in the Burlington, Massachusetts leasing market with working knowledge of current rental rates and leasing practices
related to buildings similar to the Building. Such an appointment shall be signified in writing by each party to the other. If either
party shall fail to appoint an arbitrator within a period of ten (10) days after written notice from the other party to make such appointment,
then the sole arbitrator appointed shall make the determination of the Prevailing Market rate in the same manner provided below as though
it were the third arbitrator. If both parties appoint an arbitrator, the arbitrators so appointed shall appoint a third arbitrator, who
is a reputable commercial leasing broker and has at least ten (10) years’ active and current experience in the commercial real estate
industry and in the Burlington, Massachusetts leasing market with working knowledge of current rental rates and leasing practices related
to buildings similar to the Building, within ten (10) days after the appointment of the second arbitrator. Each of Landlord and Tenant
shall furnish each of the three arbitrators with a copy of their respective final determination of the Prevailing Market rate. The third
arbitrator shall proceed with all reasonable dispatch to determine whether Landlord’s final determination of Prevailing Market rate
or Tenant’s final determination of Prevailing Market rate, most closely reflects the Prevailing Market rate and in no event shall
the arbitrator have the right (i) to average the final determination of Prevailing Market rate of Landlord and Tenant or (ii) to
choose another rate. The decision of such third arbitrator shall in any event be rendered within thirty (30) days after his/her appointment,
or within such other period as the parties shall agree, and such decision shall be in writing and in duplicate, one counterpart thereof
to be delivered to each of the parties. The arbitration shall be conducted in accordance with the rules of the American Arbitration Association
(or its successor) and applicable Law and this Section, which shall govern to the extent of any conflict between this Section and the
rules of the American Arbitration Association, and the decision of the third arbitrator shall be reviewable only to the extent provided
by the rules of the American Arbitration Association and shall otherwise be binding, final and conclusive on the parties. Each party shall
pay the fees of the arbitrator it chose and the fees of its respective counsel and the losing party shall pay for the fees of the third
arbitrator and the reasonable and necessary expenses incident to the proceedings; provided however, if a party fails to appoint an arbitrator,
the fees of the sole arbitrator shall be split between the two parties equally.

 

		E.	Extension Amendment. If Tenant is entitled to and validly exercises its applicable Extension
                                                              Option, Landlord shall prepare an amendment (an “Extension Amendment”) to reflect changes in the Base Rent, Term, Termination Date and other appropriate
terms. The Extension Amendment shall be sent to Tenant within a reasonable time after determination of the Prevailing Market rate, and
executed by Tenant and returned to Landlord within fifteen (15) days after the Extension Amendment is delivered to Tenant by Landlord
(subject to extension to accommodate negotiation of any mutually acceptable revisions thereto). Notwithstanding the foregoing, an otherwise
valid exercise of an Extension Option shall be fully effective whether or not the Extension Amendment relating thereto is executed.

 

    F-3

     

    

 

		F.	Time of the Essence. Time is of the essence with respect to all of the time periods set forth in
this Section II.

 

		G.	Personal to Tenant. Notwithstanding anything herein to the contrary, Tenant’s Extension Options
are personal to Butterfly Network, Inc., any Affiliate of Butterfly Network, Inc. by an assignment of this Lease permitted pursuant to
Section 11.04 or its Business Transferee who succeeds to Butterfly Network, Inc. as Tenant under this Lease pursuant to Section 11.04,
and in no event shall either Extension Option be otherwise assignable.

 

III.          
RIGHT OF FIRST OFFER.

 

		A.	Right of First Offer. Tenant shall have an ongoing right of first offer (each, a “Right
of First Offer”) to lease all (and not just a portion) of each applicable portion of space within the building within the Park
known as and numbered 1500 District Avenue (“Building 1500”) and/or within the building within the Park known as and
numbered 1700 District Avenue (“Building 1700,” and together with Building 1500, each a “ROFO Building”)
following any such space that is occupied by any tenants or other occupants as of the Effective Date becoming available for lease (in
each applicable case, “Offering Space”), and subject to and in accordance with the terms and conditions set forth in
this Section III. Any Right of First Offer shall be exercised, if at all, as set forth hereinbelow. In the event that Landlord determines
that any applicable Offering Space has or will become available for lease as set forth herein, in Landlord’s sole and absolute discretion,
then prior to leasing all or any portion of such applicable Offering Space to a party other than to any existing tenant thereof or any
party having rights to such space that are superior to the rights of Tenant hereunder (including, without limitation, any relocation by
Landlord of any existing tenant at the Park to such space in accordance with the terms and provisions of such tenant’s lease), Landlord
shall advise Tenant in writing (an “Advice”) of the terms upon which Landlord is prepared to lease such applicable
Offering Space to Tenant, with Landlord not being obligated to lease such applicable Offering Space to Tenant for less than one hundred
percent (100%) of the then applicable Prevailing Market rate. Tenant, within ten (10) Business Days after the date of any applicable Advice,
may elect to lease the applicable Offering Space that is the subject of such applicable Advice in its entirety only, by delivering to
Landlord a final binding written notice (a “ROFO Binding Notice”) of Tenant’s exercise of its Right of First
Offer with respect to the applicable Offering Space that is the subject of such applicable Advice in accordance with the terms of such
Advice. If Tenant fails or elects not to provide Landlord with such ROFO Binding Notice within such ten (10) Business Day period, then,
except as otherwise expressly set forth hereinbelow, Tenant’s
Right of First Offer with respect to such Advice and such Offering Space shall be null and void and of no further force and effect with
respect to such Offering Space, and Landlord shall have the right to lease such Offering Space, or any portion thereof, free of Tenant’s
Right of First Offer with respect thereto and upon such terms and conditions as Landlord may elect in its sole discretion unless and until
such Offering Space that is the subject of such Advice again becomes available for lease as set forth herein, in Landlord’s sole
and absolute discretion, after either (i) the leasing thereof by Landlord following Tenant’s failure or election not to provide
such ROFO Binding Notice to Landlord within such ten (10) Business Day period, or (ii) eighteen (18) full calendar months have elapsed
since Tenant failed or elected not to provide Landlord with such ROFO Binding Notice within such ten (10) Business Day period without
Landlord having entered into a lease with a third party tenant for such Offering Space, following either which events the terms and provisions
of this Section III shall again apply to such Offering Space ((a) or (b), as applicable, the “Re-Offering Conditions”).
If Tenant provides Landlord with a ROFO Binding Notice with respect to such Advice within such ten (10) Business Day period, then Landlord
and Tenant shall enter into the Additional Lease (as defined below) for the applicable Offering Space that is the subject of such Advice
in accordance with the terms and conditions hereof.

 

    F-4

     

    

 

		B.	Conditions to Advice. Tenant may lease any applicable Offering Space in its entirety only, except
that Tenant shall have no such Right of First Offer with respect to such applicable Offering Space and Landlord need not provide Tenant
with an Advice relating thereto, if:

 

		1.	(a) Tenant is in default under this Lease beyond any applicable cure periods at the time Landlord would
otherwise deliver such Advice or upon the date that such Offering Space is to be added to the Premises hereunder, or (b) a Default of
Tenant under this Lease beyond any applicable cure periods occurs more than one (1) time during the Term; or

 

		2.	Tenant is not in occupancy of at least seventy-five percent (75%) of the Rentable Square Footage of the
Premises and/or more than twenty-five percent (25%) of the Rentable Square Footage of the Premises is sublet (other than to an Affiliate,
as that term is defined in Section 11.04) in each case at the time Landlord would otherwise deliver such Advice;

 

		3.	The Lease has been assigned (other than to an Affiliate or a Business Transferee, as those terms are defined
in Section 11.04) prior to the date Landlord would otherwise deliver such Advice;

 

		4.	Tenant has vacated more than twenty-five percent (25%) of the Rentable Square Footage of the Premises
on the date Landlord would otherwise deliver such Advice;

 

		5.	The applicable Offering Space that is the subject of such Advice is not intended for the exclusive use
of Tenant during the Term;

 

    F-5

     

    

 

		6.	There remains less than eighteen (18) months of the Term at the time that Landlord intends to deliver
such Advice to Tenant unless Tenant exercises its then applicable Extension Option to extend the Term of this Lease for the then applicable
Extension Term subject and pursuant to Section II of this Exhibit F above so long as such applicable Extension Option has not been
previously exercised by Tenant; or

 

		7.	The existing tenant in the applicable Offering Space is interested in extending or renewing its lease
for such Offering Space (even if no such extension or renewal rights are contained in such existing tenant’s lease) or entering
into a new lease for such Offering Space, or Landlord is relocating an existing tenant at the Park to such Offering Space in accordance
with the terms and provisions of such tenant’s lease.

 

		C.	Term, Delivery and Rent. The lease term for the applicable Offering Space shall commence upon the
date such Offering Space is delivered to Tenant, but not earlier than the date stated in the applicable Advice, and thereupon such Offering
Space shall be considered a part of the Premises; provided, that, all of the terms stated in such Advice shall govern Tenant’s leasing
of such Offering Space and only to the extent that they do not conflict with such Advice, the terms and conditions of this Lease shall
apply to such Offering Space. The term for such Offering Space shall be as set forth in such Advice. Tenant shall pay Base Rent and Additional
Rent for such Offering Space in accordance with the terms and conditions of such Advice. The applicable Offering Space (including improvements
and personalty, if any) shall be accepted by Tenant in its condition and as-built configuration existing on the earlier of the date that
Tenant takes possession of such Offering Space or as of the date the term for such Offering Space commences, unless such Advice specifies
any work to be performed by Landlord in such Offering Space, in which case Landlord shall perform such work in such Offering Space. If
Landlord is delayed delivering possession of such Offering Space to Tenant due to the holdover or unlawful possession of such Offering
Space by any party, then Landlord shall use reasonable efforts to obtain possession of such Offering Space and the commencement of the
lease term for such Offering Space shall be postponed until the date that Landlord delivers possession of such Offering Space to Tenant
free from occupancy by any party.

 

		D.	Termination. The rights of Tenant hereunder with respect to any applicable Offering Space in connection
with the delivery of an Advice relating thereto shall terminate on the earlier to occur of: (i) Tenant’s failure to exercise
its applicable Right of First Offer with respect to the applicable Offering Space that is the subject of an Advice within the ten (10)
Business Day period provided in this Section III above unless and until the Re-Offering Conditions have occurred, in which case the terms
and provisions of this Section III shall again apply to such Offering Space; and (ii) the date that Landlord would have provided
Tenant with an Advice relating to such applicable Offering Space if Tenant had not been in violation of one or more of the conditions
set forth in this Section III.

 

		E.	Additional Lease. If Tenant timely and validly exercises a Right of First Offer with respect to
any Offering Space that is the subject of an Advice in accordance with the terms and provisions of this Section III, then Landlord shall
prepare a new lease (the “Additional Lease”)
with respect to such Offering Space in substantially the same form as this Lease and cross-defaulted with this Lease, except applicable
to the Offering Space and reflecting the business and lease terms set forth in the applicable Advice relating thereto and not those set
forth in this Lease (including, without limitation, the terms set forth in this Lease with respect to the Landlord Work, Base Rent, any
free Base Rent periods, any concessions relating to Expenses and Taxes, any Temporary Space, any Extension Options, any Rights of First
Offer, any Termination Option (as defined below), any tenant improvement allowance and any signage or parking rights, none of which shall
be applicable to the Additional Lease unless otherwise set forth in the Advice). A copy of such Additional Lease shall be sent to Tenant
within a reasonable time after Landlord’s receipt of the ROFO Binding Notice executed by Tenant relating thereto, and Tenant shall
execute and return such Additional Lease to Landlord within fifteen (15) Business Days thereafter, but, at Landlord’s election,
an otherwise valid exercise of the Right of First Offer relating thereto shall be fully effective whether or not such Additional Lease
is executed.

 

    F-6

     

    

 

		F.	Subject and Subordinate. Notwithstanding anything herein to the contrary, any Right of First Offer
of Tenant hereunder is subject and subordinate to the (i) expansion rights existing as of the date that the within grant of such applicable
Right of First Offer became effective pursuant to this Lease (whether such rights are designated as a right of first offer, right of first
refusal, expansion option or otherwise) of any tenant in the applicable ROFO Building or the Park with respect to all or any portion of
such applicable Offering Space, and any successors or transferees thereof, (ii) right of Landlord to extend or renew any then current
lease (or enter into a new lease with the same tenant even if no extension or renewal rights are contained in said then current lease)
for all or any portion of such applicable Offering Space, and (iii) right of Landlord to relocate any existing tenant at the Park to such
Offering Space in accordance with the terms and provisions of such tenant’s lease.

 

		G.	Time of the Essence. Time is of the essence with respect to all of the time periods set forth in
this Section III.

 

		F.	Personal to Tenant. Notwithstanding anything herein to the contrary, any Right of First Offer of
Tenant hereunder is personal to Butterfly Network, Inc., any Affiliate of Butterfly Network, Inc. by an assignment of this Lease permitted
pursuant to Section 11.04 or its Business Transferee who succeeds to Butterfly Network, Inc. as Tenant under this Lease pursuant to Section
11.04, and in no event shall any such Right of First Offer be otherwise assignable.

 

		IV.	TERMINATION OPTION. Subject to the terms and conditions set forth hereinbelow, Tenant shall
have the one-time right to terminate this Lease (the “Termination Option”) effective as of the last day of any calendar
month following the ninety-second (92nd) full calendar month following the Commencement Date (as applicable, the “Early
Termination Date”) so long as Tenant notifies Landlord, in writing, of Tenant’s intention to terminate this Lease at least
twelve (12) full calendar months, but no more than fifteen (15) full calendar months, prior to the Early Termination Date (the “Termination
Notice”), time being of the essence with respect thereto. In connection with its exercise of the Termination Option, Tenant
shall pay to Landlord, simultaneously with Tenant’s delivery of the Termination Notice to
Landlord, an amount equal to the sum of (a) four (4) full Months of the average monthly Base Rent (on a per Rentable Square Footage of
the Premises basis) payable during the period immediately following the Rent Commencement Date through the Early Termination Date, plus
(b) all of Landlord’s unamortized transaction costs with respect to this Lease (which Landlord will calculate and provide in the
Commencement Letter pursuant to Section 3.05 of the Lease), including, without limitation, the aggregate Base Rent payable during the
Free Base Rent Period, attorneys’ fees, leasing commissions and the total hard and soft costs of the Landlord Work (including, without
limitation, the Allowance and the Concept Plan Allowance) all based upon an interest factor of six percent (6%) per annum for such amortization
calculation (the amounts described in items (a) and (b), collectively, the “Termination Fee”). If Tenant fails to (i)
timely exercise the Termination Option in accordance with the provisions of this Section IV, or (ii) deliver to Landlord the Termination
Fee simultaneously with Tenant’s delivery of the Termination Notice to Landlord, then the Termination Option and this Section IV
shall be null and void and without further force and effect. Tenant’s right to terminate this Lease as set forth herein is conditioned
upon (w) no monetary Default of Tenant then continuing beyond any applicable notice and cure period on the date the Termination Notice
is delivered to Landlord, (x) this Lease being in full force and effect on the date the Termination Notice is delivered to Landlord and
on the day immediately preceding the Early Termination Date, (y) Landlord having received the Termination Fee when required as aforesaid,
and (z) Tenant not having exercised any of its Rights of First Offer pursuant to Section II of this Exhibit F above. Notwithstanding
the foregoing provisions of this Section IV, if Tenant timely exercises the Termination Option and thereafter a monetary Default of Tenant
occurs, then Landlord may elect to nullify the exercise of the Termination Option by giving written notice thereof to Tenant on or before
the Early Termination Date. Should Tenant effectively exercise its Termination Option as set forth herein, (A) the Term of this Lease
shall automatically terminate on the Early Termination Date, with all of the terms and conditions of this Lease, including, without limitation,
the obligation to pay Rent, remaining in full force and effect until the Early Termination Date, and (B) Tenant shall relinquish, yield
up and surrender the Premises on the Early Termination Date in accordance with the terms and provisions of this Lease. Time is of the
essence with respect to all of the time periods set forth in this Section IV. Notwithstanding anything herein to the contrary, Tenant’s
Termination Option hereunder is personal to Butterfly Network, Inc., any Affiliate of Butterfly Network, Inc. by an assignment of this
Lease permitted pursuant to Section 11.04 or its Business Transferee who succeeds to Butterfly Network, Inc. as Tenant under this Lease
pursuant to Section 11.04, and in no event shall Tenant’s Termination Option be otherwise assignable.

 

    F-7

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