Document:

Exhibit 4.3

 

EXECUTION

 

ASSIGNMENT,
ASSUMPTION AND AMENDMENT AGREEMENT

 

between

 

FTAC
Olympus Acquisition Corporation

 

Payoneer
Global, Inc. (formerly known as New Starship Parent, Inc.)

 

and

 

CONTINENTAL
STOCK TRANSFER & TRUST COMPANY

 

Dated
June 25, 2021

 

THIS
ASSIGNMENT, ASSUMPTION AND AMENDMENT AGREEMENT (this “Agreement”), dated June 25, 2021, is made by and among FTAC
Olympus Acquisition Corporation, a Delaware corporation formerly organized as a Cayman Islands exempted company (the “Company”),
Payoneer Global, Inc., a Delaware corporation formerly known as New Starship Parent, Inc. (“New Payoneer”), and Continental
Stock Transfer & Trust Company, a New York corporation, as warrant agent (in such capacity, the “Warrant Agent”)
and amends the Warrant Agreement (the “Existing Warrant Agreement”), dated August 25, 2020, by and between the Company
and the Warrant Agent. Capitalized terms used but not defined herein shall have the meaning ascribed to such terms in the Existing Warrant
Agreement.

WHEREAS,
pursuant to the Existing Warrant Agreement, the Company issued, among other things, 75,000,000 Public Warrants;

 

WHEREAS,
all of the Public Warrants are governed by the Existing Warrant Agreement;

 

WHEREAS,
on February 3, 2021, the Company, New Payoneer, Starship Merger Sub I Inc., a Delaware corporation and wholly-owned subsidiary of New
Payoneer (“First Merger Sub”), Starship Merger Sub II Inc., a Delaware corporation and wholly-owned subsidiary of
New Payoneer (“Second Merger Sub”), and Payoneer Inc., a Delaware corporation (“Payoneer”), entered
into an Agreement and Plan of Reorganization (as amended on February 16, 2021, on May 10, 2021, and on June 22, 2021, the “Reorganization
Agreement”) providing for a business combination involving the Company and Payoneer (the “Reorganization”);

 

WHEREAS,
pursuant to the Reorganization Agreement, on the date hereof, (i) First Merger Sub merged with and into the Company (the “FTOC
Merger”), with the Company surviving as a direct wholly owned subsidiary of New Payoneer and (ii) immediately after the FTOC
Merger, Second Merger Sub merged with and into Payoneer (the “Payoneer Merger” and, together with the FTOC Merger,
the “Mergers”), with Payoneer surviving as a direct wholly owned subsidiary of New Payoneer;

 

WHEREAS,
at the effective time of the FTOC Merger (the “Effective Time”), by virtue of the FTOC Merger, each Class A ordinary
share of the Company (except for shares being cancelled pursuant to the Reorganization Agreement) was converted into a number of shares
of common stock, par value $0.01 per share, of New Payoneer (the “New Payoneer Common Stock”) equal to 1.00, following
which such Class A ordinary shares ceased to be outstanding and ceased to exist;

 

WHEREAS,
concurrently with the execution of the Reorganization Agreement, Sponsor, FTOC, New Payoneer and the other parties thereto entered into
a Sponsor Share Surrender and Share Restriction Agreement, pursuant to which, among other things, immediately prior to the effective
time of the Effective Time, Sponsor irrevocably forfeited and surrendered to FTOC, for no consideration, all of the Placement Warrants,
which were thereupon cancelled and are no longer outstanding;

 

WHEREAS,
upon consummation of the Mergers, as provided in Section 4.5 of the Existing Warrant Agreement, the Public Warrants are no longer
exercisable for Class A ordinary shares of the Company, but instead will be exercisable (subject to the terms of the Existing Warrant
Agreement, as amended hereby) for shares of New Payoneer Common Stock;

 

WHEREAS,
in connection with the Mergers, the Company desires to assign all of its right, title and interest in the Existing Warrant Agreement
to New Payoneer and New Payoneer wishes to accept such assignment; and

 

     

     

    

 

WHEREAS,
Section 9.8 of the Existing Warrant Agreement provides that the Company and the Warrant Agent may amend the Existing Warrant Agreement
without the consent of any Registered Holders as the parties may deem necessary or desirable and that the parties deem shall not adversely
affect the rights of the Registered Holders under the Existing Warrant Agreement.

 

NOW,
THEREFORE, in consideration of the mutual agreements herein contained, the parties hereto agree as follows:

 

		1.	Assignment
                                            and Assumption; Consent.

 

		1.1.	Assignment
                                            and Assumption. As of and with effect on and from the Closing (as defined in the Reorganization
                                            Agreement, the “Closing”), the Company hereby assigns to New Payoneer
                                            all of the Company’s right, title and interest in and to the Existing Warrant Agreement
                                            (as amended hereby); New Payoneer hereby assumes, and agrees to pay, perform, satisfy and
                                            discharge in full, as the same become due, all of the Company’s liabilities and obligations
                                            under the Existing Warrant Agreement (as amended hereby) arising on, from and after the Closing.

 

		1.2.	Consent.
                                            The Warrant Agent hereby consents to (i) the assignment of the Existing Warrant Agreement
                                            by the Company to New Payoneer pursuant to Section 1.1 and the assumption of the Existing
                                            Warrant Agreement by New Payoneer from the Company pursuant to Section 1.1, in each
                                            case effective as of the Closing, and (ii) the continuation of the Existing Warrant Agreement
                                            (as amended by this Agreement), in full force and effect from and after the Closing.

 

		2.	Amendment
                                            of Existing Warrant Agreement. Effective as of the Closing, the Company and the Warrant
                                            Agent hereby amend the Existing Warrant Agreement as provided in this Section 2, and
                                            acknowledge and agree that the amendments to the Existing Warrant Agreement set forth in
                                            this Section 2(a) (i) are necessary and desirable and do not adversely affect the
                                            rights of the Registered Holders under the Existing Warrant Agreement and (ii) are to provide
                                            for the delivery of the Alternative Issuance pursuant to Section 4.5 of the Existing Warrant
                                            Agreement (in connection with the Mergers and the transactions contemplated by the Reorganization
                                            Agreement).

 

		2.1.	References
                                            to the “Company”. All references to the “Company” in the Existing
                                            Warrant Agreement (including all Exhibits thereto) shall be references to New Payoneer.

 

		2.2.	References
                                            to Class A ordinary shares. All references to “Class A ordinary shares” in
                                            the Existing Warrant Agreement (including all Exhibits thereto) shall be references to New
                                            Payoneer Common Stock.

 

		2.3.	References
                                            to Business Combination. All references to “Business Combination” in the
                                            Existing Warrant Agreement (including all Exhibits thereto) shall be references to the transactions
                                            contemplated by the Reorganization Agreement, and references to “the completion of
                                            the Business Combination” and all variations thereof in the Existing Warrant Agreement
                                            (including all Exhibits thereto) shall be references to the Closing.

 

    2

     

    

 

		2.4.	Notice
                                            Clause. Section 9.2 of the Existing Warrant Agreement is hereby deleted and replaced
                                            with the following:

 

“Notices.
Any notice, statement or demand authorized by this Agreement to be given or made by the Warrant Agent or by the holder of any Warrant
to or on New Payoneer shall be sufficiently given when so delivered if by hand or overnight delivery or if sent by certified mail or
private courier service within five (5) days after deposit of such notice, postage prepaid, addressed (until another address is filed
in writing by New Payoneer with the Warrant Agent), as follows:

 

	 	Payoneer Global, Inc.
	 	150 West 30th St., Suite 600
	 	New York, NY 10001
	 	Attention:	Scott Galit, CEO
	 	 	Tsafi Goldman, CLRO
	 	Email:	[*****]@payoneer.com
	 	 	[*****]@payoneer.com
	 	 	 
	 	with a copy (which shall not constitute notice) to:
	 	 	 
	 	Davis Polk & Wardwell LLP
	 	450 Lexington Avenue
	 	New York, NY 10017
	 	Attention:	Byron Rooney
	 	 	Lee Hochbaum
	 	 	Evan Rosen
	 	Email:	[*****]@davispolk.com
	 	 	[*****]@davispolk.com
	 	 	[*****]@davispolk.com

 

    3

     

    

 

Any
notice, statement or demand authorized by this Agreement to be given or made by the holder of any Warrant or by New Payoneer to or on
the Warrant Agent shall be sufficiently given when so delivered if by hand or overnight delivery or if sent by certified mail or private
courier service within five (5) days after deposit of such notice, postage prepaid, addressed (until another address is filed in writing
by the Warrant Agent with New Payoneer), as follows:

 

Continental
Stock Transfer & Trust Company

One
State Street, 30th Floor

New
York, NY 10004

Attention:
Compliance Department

 

		3.	Miscellaneous
                                            Provisions.

 

		3.1.	Successors.
                                            All the covenants and provisions of this Agreement by or for the benefit of New Payoneer,
                                            the Company or the Warrant Agent shall bind and inure to the benefit of their respective
                                            successors and assigns.

 

		3.2.	Applicable
                                            Law and Exclusive Forum. The validity, interpretation, and performance of this Agreement
                                            shall be governed in all respects by the laws of the State of New York. Subject to applicable
                                            law, each of New Payoneer and the Company hereby agrees that any action, proceeding or claim
                                            against it arising out of or relating in any way to this Agreement shall be brought and enforced
                                            in the courts of the State of New York or the United States District Court for the Southern
                                            District of New York, and irrevocably submits to such jurisdiction, which jurisdiction shall
                                            be exclusive forum for any such action, proceeding or claim. Each of New Payoneer and the
                                            Company hereby waives any objection to such exclusive jurisdiction and that such courts represent
                                            an inconvenient forum. Notwithstanding the foregoing, the provisions of this paragraph will
                                            not apply to suits brought to enforce any liability or duty created by the Exchange Act or
                                            any other claim for which the federal district courts of the United States of America are
                                            the sole and exclusive forum.

 

Any
person or entity purchasing or otherwise acquiring any interest in the Warrants shall be deemed to have notice of and to have consented
to the forum provisions in this Section 3.2. If any action, the subject matter of which is within the scope the forum provisions
above, is filed in a court other than a court located within the State of New York or the United States District Court for the Southern
District of New York (a “foreign action”) in the name of any warrant holder, such warrant holder shall be deemed to
have consented to: (x) the personal jurisdiction of the state and federal courts located within the State of New York or the United States
District Court for the Southern District of New York in connection with any action brought in any such court to enforce the forum provisions
(an “enforcement action”), and (y) having service of process made upon such warrant holder in any such enforcement
action by service upon such warrant holder’s counsel in the foreign action as agent for such warrant holder.

 

		3.3.	Counterparts.
                                            This Agreement may be executed in any number of original or facsimile counterparts and each
                                            of such counterparts shall for all purposes be deemed to be an original, and all such counterparts
                                            shall together constitute but one and the same instrument. A signed copy of this Agreement
                                            delivered by facsimile, e-mail or other means of electronic transmission shall be deemed
                                            to have the same legal effect as delivery of an original signed copy of this Agreement.

 

		3.4.	Effect
                                            of Headings. The section headings herein are for convenience only and are not part of
                                            this Agreement and shall not affect the interpretation thereof.

 

		3.5.	Severability.
                                            This Agreement shall be deemed severable, and the invalidity or unenforceability of any term
                                            or provision hereof shall not affect the validity or enforceability of this Agreement or
                                            of any other term or provision hereof. Furthermore, in lieu of any such invalid or unenforceable
                                            term or provision, the parties hereto intend that there shall be added as a part of this
                                            Agreement a provision as similar in terms to such invalid or unenforceable provision as may
                                            be possible and be valid and enforceable.

 

    4

     

    

 

IN
WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of the date first above written.

 

	 	FTAC OLYMPUS ACQUISITION CORP.
	 	 	 
	 	 	 
	 	By: 	              
	 	Name:	 
	 	Title:	 
	 	 	 
	 	 	 
	 	PAYONEER GLOBAL, INC.
	 	 	 
	 	By: 	 
	 	Name:	 
	 	Title:	 
	 	 	 
	 	 	 
	 	CONTINENTAL STOCK TRANSFER &
	 	TRUST COMPANY, as Warrant Agent
	 	 	 
	 	By: 	 
	 	Name:	 
	 	Title:	 

 

[Signature Page to Assignment, Assumption and Amendment Agreement]Exhibit 10.6

 

PAYONEER
GLOBAL INC.

2021 EMPLOYEE STOCK PURCHASE PLAN

 

ARTICLE I.

PURPOSE

 

The
purposes of this Payoneer Global Inc. 2021 Employee Stock Purchase Plan (as it may be amended or restated from time to time, the “Plan”)
are to assist Eligible Employees of Payoneer Global Inc., a Delaware corporation (the “Company”) and its Designated
Subsidiaries in acquiring a stock ownership interest in the Company and to help Eligible Employees provide for their future security
and to encourage them to remain in the employment of the Company and its Designated Subsidiaries. The Plan has two components: (a) one
component (the “423 Component”) is intended to qualify as an “employee stock purchase plan” within
the meaning of Section 423(b) of the Code, and the Plan will be interpreted in a manner that is consistent with that intent,
and (b) the other component (the “Non-423 Component”), which is not intended to qualify as an “employee
stock purchase plan” within the meaning of Section 423(b) of the Code, authorizes the grant of rights to purchase Common Stock
pursuant to rules, procedures or sub-plans adopted by the Administrator that are designed to achieve tax, securities laws or other objectives
for Eligible Employees. Except as otherwise provided herein, the Non-423 Component will operate and be administered in the same manner
as the 423 Component.

 

ARTICLE II.

DEFINITIONS AND CONSTRUCTION

 

Wherever
the following terms are used in the Plan, they shall have the meanings specified below, unless the context clearly indicates otherwise.
The singular pronoun shall include the plural where the context so indicates. Masculine, feminine and neuter pronouns are used interchangeably
and each comprehends the others.

 

2.1 
“Administrator” shall mean the entity that conducts the general administration of the Plan as provided in Article XI.
The term “Administrator” shall refer to the Committee (as defined below) unless the Board has assumed the authority for administration
of the Plan as provided in Article XI.

 

2.2 
“Applicable Law” means any applicable law, including the requirements relating to the administration of equity-based
awards under U.S. state corporate laws, U.S. federal and state securities laws, the Code, any stock exchange or quotation system on which
the Common Stock is listed or quoted and the applicable laws of any foreign country or jurisdiction where rights are, or will be, granted
under the Plan.

 

2.3 
“Board” shall mean the Board of Directors of the Company.

 

2.4 
“Code” shall mean the Internal Revenue Code of 1986, as amended, and the regulations issued thereunder.

 

2.5 
“Common Stock” shall mean the Class A common stock of the Company, par value $0.01 per share.

 

2.6 
“Company” shall mean Payoneer Global Inc., a Delaware corporation.

 

2.7 
“Compensation” of an Eligible Employee shall mean the gross base compensation received by such Eligible Employee
as compensation for services to the Company or any Designated Subsidiary, including prior week adjustment and overtime payments but excluding
vacation pay, holiday pay, jury duty pay, funeral leave pay, military leave pay, commissions, incentive compensation, payments made under
any bonus program, one-time bonuses (e.g., retention or sign on bonuses), education or tuition reimbursements, travel expenses, business
and moving reimbursements, income received in connection with any stock options, stock appreciation rights, restricted stock, restricted
stock units or other compensatory equity awards, fringe benefits, other special payments and all contributions made by the Company or
any Designated Subsidiary for the Employee’s benefit under any employee benefit plan now or hereafter established.

 

     

     

    

 

 

2.8 
“Designated Subsidiary” shall mean any Subsidiary or affiliate of the Company designated by the Administrator
in accordance with Section 11.3(b). For purposes of the 423 Component, only the Company’s Subsidiaries may be Designated Subsidiaries;
provided, however, that at any given time, a Subsidiary that is a Designated Subsidiary under the 423 Component will not
be a Designated Subsidiary under the Non-423 Component.

 

2.9 
“Effective Date” means the effective date of the consummation of the merger contemplated by the
Plan of Reorganization, subject to approval of the Plan by the Board and the stockholders of the Company.

 

2.10
“Eligible Employee” shall mean an Employee who does not, immediately after any rights under the Plan are
granted, own (directly or through attribution) stock possessing 5% or more of the total combined voting power or value of all
classes of common stock of the Company and other stock of the Company, a Parent or a Subsidiary (as determined under
Section 423(b)(3) of the Code). For purposes of the foregoing sentence, the rules of Section 424(d) of the
Code with regard to the attribution of stock ownership shall apply in determining the stock ownership of an individual, and stock
that an Employee may purchase under outstanding options shall be treated as stock owned by the Employee; provided, however,
that the Administrator may provide in an Offering Document that an Employee shall not be eligible to participate in an Offering
Period if: (i) such Employee is a highly compensated employee within the meaning of Section 423(b)(4)(D) of the Code,
(ii) such Employee has not met a service requirement designated by the Administrator pursuant to
Section 423(b)(4)(A) of the Code (which service requirement may not exceed two years), (iii) such Employee’s
customary employment is for twenty hours or less per week, (iv) such Employee’s customary employment is for less than
five months in any calendar year and/or (v) such Employee is a citizen or resident of a foreign jurisdiction and the grant of a
right to purchase Common Stock under the Plan to such Employee would be prohibited under the laws of such foreign jurisdiction, as
determined by the Administrator in its sole discretion; provided, further, that any exclusion in clauses (i), (ii),
(iii), (iv) or (v) shall be applied in an identical manner under each Offering Period to all Employees, in accordance with
Treasury Regulation Section 1.423-2(e).

 

2.11 “Employee” shall mean any officer or other employee (as defined in accordance with Section 3401(c) of
the Code) of the Company or any Designated Subsidiary. “Employee” shall not include any director of the Company or a Designated
Subsidiary who does not render services to the Company or a Designated Subsidiary as an employee within the meaning of Section 3401(c) of
the Code. For purposes of the Plan, the employment relationship shall be treated as continuing intact while the individual is on sick
leave or other leave of absence approved by the Company or Designated Subsidiary and meeting the requirements of Treasury Regulation
Section 1.421-1(h)(2). Where the period of leave exceeds three months and the individual’s right to reemployment is not guaranteed
either by statute or by contract, the employment relationship shall be deemed to have terminated on the first day immediately following
such three-month period.

 

2.12
“Enrollment Date” shall mean, with respect to an Offering Period, the first Trading Day of such Offering
Period.

 

2.13
“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended from time to time.

 

2.14
“Fair Market Value” shall mean, as of any date, the value of a Share determined as follows: (i) if
the Common Stock is listed on any established stock exchange, national market system or quoted or traded on any automated quotation
system, including without limitation the Nasdaq Global Select Market, the Nasdaq Global Market or the Nasdaq Capital Market of The
Nasdaq Stock Market, its Fair Market Value will be the closing sales price for a Share (or the closing bid, if no sales were
reported) as quoted on such exchange or system on the Trading Day immediately preceding the date of determination, as reported in The
Wall Street Journal or such other source as the Administrator deems reliable; (ii) if the Common Stock is not listed on an
established stock exchange, national market system or automated quotation system, but the Common Stock is regularly quoted by a
recognized securities dealer, the Fair Market Value of a Share will be the mean of the high bid and low asked prices for such date
or, if no high bids and low asks were reported on such date, the high bid and low asked prices for a Share on the last preceding
date such bids and asks were reported, as reported in The Wall Street Journal or such other source as the Administrator deems
reliable; or (iii) in the absence of an established market for the Common Stock, the Fair Market Value will be determined in
good faith by the Administrator.

 

    2

     

    

 

2.15 
“Offering Document” shall have the meaning given to such term in Section 4.1.

 

2.16 
“Offering Period” shall have the meaning given to such term in Section 4.1.

 

2.17 
“Parent” shall mean any corporation, other than the Company, in an unbroken chain of corporations ending with
the Company if, at the time of the determination, 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.

 

2.18 
“Participant” shall mean any Eligible Employee who has executed a subscription agreement and been granted rights
to purchase Common Stock pursuant to the Plan.

 

2.19 
“Person” shall mean any “person” or related “group” of “persons” (as such
terms are used in Sections 13(d) and 14(d)(2) of the Exchange Act).

 

2.20 
“Plan” shall mean this Payoneer Global Inc. 2021 Employee Stock Purchase Plan, as it may be amended from time
to time.

 

2.21 “Plan
of Reorganization” means that certain the Agreement and Plan of Reorganization, dated as of February 3, 2021, by and among
the Company, Payoneer, Inc. Delaware corporation, and certain other persons named therein and party thereto.

 

2.22 
“Purchase Date” shall mean the last Trading Day of each Purchase Period.

 

2.23 
“Purchase Period” shall refer to one or more periods within an Offering Period, as designated in the applicable
Offering Document; provided, however, that, in the event no purchase period is designated by the Administrator in the applicable
Offering Document, the purchase period for each Offering Period covered by such Offering Document shall be the same as the applicable
Offering Period.

 

2.24 
“Purchase Price” shall mean the purchase price designated by the Administrator in the applicable Offering Document
(which purchase price shall not be less than 85% of the Fair Market Value of a Share on the Enrollment Date or on the Purchase Date,
whichever is lower); provided, however, that, in the event no purchase price is designated by the Administrator in the
applicable Offering Document, the purchase price for the Offering Periods covered by such Offering Document shall be 85% of the Fair
Market Value of a Share on the Enrollment Date or on the Purchase Date, whichever is lower; provided, further, that the
Purchase Price may be adjusted by the Administrator pursuant to Article VIII and shall not be less than the par value of a Share.

 

2.25 
“Securities Act” shall mean the Securities Act of 1933, as amended.

 

2.26 
“Share” shall mean a share of Common Stock.

 

2.27 
“Subsidiary” shall mean any corporation, other than the Company, in an unbroken chain of corporations beginning
with the Company if, at the time of the determination, each of the corporations other than the last corporation in an 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; provided, however, that a limited liability company or partnership may be treated as a Subsidiary to the extent either
(a) such entity is treated as a disregarded entity under Treasury Regulation Section 301.7701-3(a) by reason of the Company
or any other Subsidiary that is a corporation being the sole owner of such entity, or (b) such entity elects to be classified as
a corporation under Treasury Regulation Section 301.7701-3(a) and such entity would otherwise qualify as a Subsidiary.

 

    3

     

    

 

2.28 
“Trading Day” shall mean a day on which national stock exchanges in the United States are open for trading.

 

ARTICLE III.

SHARES SUBJECT TO THE PLAN

 

3.1 
Number of Shares. Subject to Article VIII, the aggregate number of Shares that may be issued pursuant to rights granted under
the Plan shall be 7,603,202. In addition to the foregoing, subject to Article VIII, during the term of the Plan, commencing on January
1, 2022 and ending on (and including), January 1, 2032, the number of Shares available for issuance under the Plan shall be increased
by that number of Shares equal to the least of (a) 3,801,601 Shares (subject to any adjustment pursuant to Article VIII), (b) 1%
of the outstanding shares of all classes of the Company’s common stock on the final day of the immediately preceding calendar year
or (c) such smaller number of Shares as determined by the Board. If any right granted under the Plan shall for any reason terminate
without having been exercised, the Common Stock not purchased under such right shall again become available for issuance under the Plan.

 

3.2 
Stock Distributed. Any Common Stock distributed pursuant to the Plan may consist, in whole or in part, of authorized and unissued
Common Stock, treasury stock or Common Stock purchased on the open market.

 

ARTICLE IV.

OFFERING PERIODS; OFFERING DOCUMENTS; PURCHASE DATES

 

4.1 
Offering Periods. The Administrator may, from time to time, grant or provide for the grant of rights to purchase Common Stock
under the 423 Component or the Non-423 Component of the Plan to Eligible Employees during one or more periods (each, an “Offering
Period”) selected by the Administrator. The terms and conditions applicable to each Offering Period shall be set forth
in an “Offering Document” adopted by the Administrator, which Offering Document shall be in such form and shall
contain such terms and conditions as the Administrator shall deem appropriate and shall be incorporated by reference into and made part
of the Plan and shall be attached hereto as part of the Plan. The provisions of separate Offering Periods under the Plan need not be
identical.

 

4.2 
Offering Documents. Each Offering Document with respect to an Offering Period shall specify (through incorporation of the provisions
of the Plan by reference or otherwise):

 

(a)
the length of the Offering Period, which period shall not exceed twenty-seven months;

 

(b)
 the maximum number of Shares that may be purchased by any Eligible Employee during such Offering Period; and

 

(c) such other provisions as the Administrator determines are appropriate, subject to the Plan.

 

ARTICLE V.

ELIGIBILITY AND PARTICIPATION

 

5.1  
Eligibility. Any Eligible Employee who shall be employed by the Company or a Designated Subsidiary on a given Enrollment Date
for an Offering Period shall be eligible to participate in the Plan during such Offering Period, subject to the requirements of this
Article V and the limitations imposed by Section 423(b) of the Code.

 

5.2  
Enrollment in Plan.

 

    4

     

    

 

(a)
Except as otherwise set forth in an Offering Document or determined by the Administrator, an Eligible Employee may become a Participant
in the Plan for an Offering Period by delivering a subscription agreement to the Company by such time prior to the Enrollment Date for
such Offering Period (or such other date specified in the Offering Document) designated by the Administrator and in such form (which
may be electronic) as the Company provides.

 

(b) 
Each subscription agreement shall designate a whole percentage of such Eligible Employee’s Compensation to be withheld by the Company
or the Designated Subsidiary employing such Eligible Employee on each payday during the Offering Period as payroll deductions under the
Plan. The designated percentage may not be less than 1% and may not be more than the maximum percentage specified by the Administrator
in the applicable Offering Document (which percentage shall be 15% in the absence of any such designation) as payroll deductions. The
payroll deductions made for each Participant shall be credited to an account for such Participant under the Plan and shall be deposited
with the general funds of the Company.

 

(c)
A Participant may decrease the percentage of Compensation designated in his or her subscription agreement, subject to the limits of this
Section 5.2, or may suspend his or her payroll deductions, at any time during an Offering Period; provided, however,
that the Administrator may limit the number of changes a Participant may make to his or her payroll deduction elections during each Offering
Period in the applicable Offering Document (and in the absence of any specific designation by the Administrator, a Participant shall
be allowed one decrease (and no increases) to his or her payroll deduction elections during each Offering Period). Any such change or
suspension of payroll deductions shall be effective with the first full payroll period following five business days after the Company’s
receipt of the new subscription agreement (or such shorter or longer period as may be specified by the Administrator in the applicable
Offering Document).  In the event a Participant suspends his or her payroll deductions, such Participant’s cumulative payroll
deductions prior to the suspension shall remain in his or her account and shall be applied to the purchase of Shares on the next occurring
Purchase Date and shall not be paid to such Participant unless he or she withdraws from participation in the Plan pursuant to Article VII.

 

(d) 
Except as otherwise set forth in an Offering Document or determined by the Administrator, a Participant may participate in the Plan only
by means of payroll deduction and may not make contributions by lump sum payment for any Offering Period.

 

5.3 
Payroll Deductions. Except as otherwise provided in the applicable Offering Document, payroll deductions for a Participant shall
commence on the first payroll following the Enrollment Date and shall end on the last payroll in the Offering Period to which the Participant’s
authorization is applicable, unless sooner terminated by the Participant as provided in Article VII or suspended by the Participant
or the Administrator as provided in Section 5.2 and Section 5.6, respectively.

 

5.4 
Effect of Enrollment. A Participant’s completion of a subscription agreement will enroll such Participant in the Plan for
each subsequent Offering Period on the terms contained therein until the Participant either submits a new subscription agreement, withdraws
from participation under the Plan as provided in Article VII or otherwise becomes ineligible to participate in the Plan.

 

5.5 
Limitation on Purchase of Common Stock. An Eligible Employee may not be granted rights under the 423 Component of the Plan if
such rights, together with any other rights granted to such Eligible Employee under “employee stock purchase plans” of the
Company, any Parent or any Subsidiary, as specified by Section 423(b)(8) of the Code, permit such employee’s rights to
purchase stock of the Company or any Parent or Subsidiary to accrue at a rate that exceeds $25,000 of the fair market value of such stock
(determined as of the first day of the Offering Period during which such rights are granted) for each calendar year in which such rights
are outstanding at any time. This limitation shall be applied in accordance with Section 423(b)(8) of the Code.

 

    5

     

    

 

5.6 
Decrease or Suspension of Payroll Deductions. Notwithstanding the foregoing, to the extent necessary to comply with Section 423(b)(8) of
the Code and Section 5.5 or the other limitations set forth in the Plan, a Participant’s payroll deductions may be suspended
by the Administrator at any time during an Offering Period. The balance of the amount credited to the account of each Participant that
has not been applied to the purchase of Shares by reason of Section 423(b)(8) of the Code, Section 5.5 or the other limitations
set forth in the Plan shall be paid to such Participant in one lump sum in cash as soon as reasonably practicable after the Purchase
Date.

 

5.7 
Foreign Employees. In order to facilitate participation in the Plan, the Administrator may provide for such special terms applicable
to Participants who are citizens or residents of a foreign jurisdiction, or who are employed by a Designated Subsidiary outside of the
United States, as the Administrator may consider necessary or appropriate to accommodate differences in local law, tax policy or custom,
including through participation in an Offering Period under the Non-423 Component of the Plan. Except as otherwise provided herein, such
special terms may not be more favorable than the terms of rights granted under the 423 Component of the Plan to Eligible Employees who
are residents of the United States. Moreover, the Administrator may approve such supplements to, or amendments, restatements or alternative
versions of, the Plan as it may consider necessary or appropriate for such purposes without thereby affecting the terms of the Plan as
in effect for any other purpose. No such special terms, supplements, amendments or restatements shall include any provisions that are
inconsistent with the terms of the Plan as then in effect unless the Plan could have been amended to eliminate such inconsistency without
further approval by the stockholders of the Company.

 

5.8 
Leave of Absence. During leaves of absence approved by the Company meeting the requirements of Treasury Regulation Section 1.421-1(h)(2) under
the Code, a Participant may continue participation in the Plan by making cash payments to the Company on his or her normal payday equal
to his or her authorized payroll deduction.

 

ARTICLE VI.

GRANT AND EXERCISE OF RIGHTS

 

6.1 
Grant of Rights. On the Enrollment Date of each Offering Period, each Eligible Employee participating in such Offering Period
shall be granted a right to purchase the maximum number of Shares specified in the Offering Documents under Section 4.2, subject
to the limits in Section 5.5, and shall have the right to buy, on each Purchase Date during such Offering Period (at the applicable
Purchase Price), such number of whole Shares as is determined by dividing (a) such Participant’s payroll deductions accumulated
prior to such Purchase Date and retained in the Participant’s account as of the Purchase Date, by (b) the applicable Purchase
Price (rounded down to the nearest Share). The right shall expire on the earliest of: (x) the last Purchase Date of the Offering
Period, (y) the last day of the Offering Period and (z) the date on which the Participant withdraws in accordance with Section 7.1
or Section 7.3.

 

6.2 
Exercise of Rights. On each Purchase Date, each Participant’s accumulated payroll deductions and any other additional payments
specifically provided for in the applicable Offering Document will be applied to the purchase of whole Shares, up to the maximum number
of Shares permitted pursuant to the terms of the Plan and the applicable Offering Document, at the Purchase Price. No fractional Shares
shall be issued upon the exercise of rights granted under the Plan, unless the Offering Document specifically provides otherwise. Any
cash in lieu of fractional Shares remaining after the purchase of whole Shares upon exercise of a purchase right will be credited to
a Participant’s account and carried forward and applied toward the purchase of whole Shares for the next following Offering Period.
Shares issued pursuant to the Plan may be evidenced in such manner as the Administrator may determine and may be issued in certificated
form or issued pursuant to book-entry procedures.

 

6.3 
Pro Rata Allocation of Shares. If the Administrator determines that, on a given Purchase Date, the number of Shares with respect
to which rights are to be exercised may exceed (a) the number of Shares that were available for issuance under the Plan on the Enrollment
Date of the applicable Offering Period, or (b) the number of Shares available for issuance under the Plan on such Purchase Date,
the Administrator may in its sole discretion provide that the Company shall make a pro rata allocation of the Shares available for purchase
on such Enrollment Date or Purchase Date, as applicable, in as uniform a manner as shall be practicable and as it shall determine in
its sole discretion to be equitable among all Participants for whom rights to purchase Common Stock are to be exercised pursuant to this
Article VI on such Purchase Date, and shall either (i) continue all Offering Periods then in effect, or (ii) terminate
any or all Offering Periods then in effect pursuant to Article IX. The Company may make pro rata allocation of the Shares available
on the Enrollment Date of any applicable Offering Period pursuant to the preceding sentence, notwithstanding any authorization of additional
Shares for issuance under the Plan by the Company’s stockholders subsequent to such Enrollment Date. The balance of the amount
credited to the account of each Participant that has not been applied to the purchase of Shares shall be paid to such Participant in
one lump sum in cash as soon as reasonably practicable after the Purchase Date.

 

    6

     

    

 

6.4 
Withholding. At the time a Participant’s rights under the Plan are exercised, in whole or in part, or at the time some or
all of the Common Stock issued under the Plan is disposed of, the Participant must make adequate provision for the Company’s federal,
state, or other tax withholding obligations, if any, that arise upon the exercise of the right or the disposition of the Common Stock.
At any time, the Company may, but shall not be obligated to, withhold from the Participant’s compensation the amount necessary
for the Company to meet applicable withholding obligations.

 

6.5
Conditions to Issuance of Common Stock. The Company shall not be required to issue or deliver any certificate or certificates
for, or make any book entries evidencing, Shares purchased upon the exercise of rights under the Plan prior to fulfillment of all of
the following conditions:

 

(a) 
The admission of such Shares to listing on all stock exchanges, if any, on which the Common Stock is then listed;

 

(b) 
The completion of any registration or other qualification of such Shares under any state or federal law or under the rulings or regulations
of the Securities and Exchange Commission or any other governmental regulatory body that the Administrator shall, in its absolute discretion,
deem necessary or advisable;

 

(c)
The obtaining of any approval or other clearance from any state or federal governmental agency that the Administrator shall, in its absolute
discretion, determine to be necessary or advisable;

 

(d)
The payment to the Company of all amounts that it is required to withhold under federal, state or local law upon exercise of the rights,
if any; and

 

(e)
The lapse of such reasonable period of time following the exercise of the rights as the Administrator may from time to time establish
for reasons of administrative convenience.

 

ARTICLE VII.

WITHDRAWAL; CESSATION OF ELIGIBILITY

 

7.1 
Withdrawal. A Participant may withdraw all but not less than all of the payroll deductions credited to his or her account and
not yet used to exercise his or her rights under the Plan at any time by giving written notice to the Company in a form acceptable to
the Company no later than one week prior to the end of the Offering Period. All of the Participant’s payroll deductions credited
to his or her account during an Offering Period shall be paid to such Participant as soon as reasonably practicable after receipt of
notice of withdrawal, such Participant’s rights for the Offering Period shall be automatically terminated, and no further payroll
deductions for the purchase of Shares shall be made for such Offering Period. If a Participant withdraws from an Offering Period, payroll
deductions shall not resume at the beginning of the next Offering Period unless the Participant timely delivers to the Company a new
subscription agreement.

 

7.2 
Future Participation. A Participant’s withdrawal from an Offering Period shall not have any effect upon his or her eligibility
to participate in any similar plan that may hereafter be adopted by the Company or a Designated Subsidiary or in subsequent Offering
Periods that commence after the termination of the Offering Period from which the Participant withdraws.

 

    7

     

    

 

7.3 
Cessation of Eligibility. Upon a Participant’s ceasing to be an Eligible Employee for any reason, he or she shall be deemed
to have elected to withdraw from the Plan pursuant to this Article VII and the payroll deductions credited to such Participant’s
account during the Offering Period shall be paid to such Participant or, in the case of his or her death, to the Person or Persons entitled
thereto under Section 12.4, as soon as reasonably practicable, and such Participant’s rights for the Offering Period shall
be automatically terminated.

 

7.4 Transfer
of Employment. If a Participant transfers from an Offering Period under the 423 Component to an Offering Period under the Non-423
Component, the exercise of the Participant’s right to purchase Common Stock will be qualified under the 423 Component only to the
extent that such exercise complies with Section 423 of the Code. If a Participant transfers from an Offering Period under the Non-423
Component to an Offering Period under the 423 Component, the exercise of the Participant’s rights will remain non-qualified under
the Non-423 Component.

 

ARTICLE VIII.

ADJUSTMENTS UPON CHANGES IN STOCK

 

8.1 
Changes in Capitalization. Subject to Section 8.3, in the event that the Administrator determines that any dividend or other
distribution (whether in the form of cash, Common Stock, other securities, or other property), reorganization, merger, amalgamation,
consolidation, combination, repurchase, recapitalization, liquidation, dissolution, or sale, transfer, exchange or other disposition
of all or substantially all of the assets of the Company, or sale or exchange of Common Stock or other securities of the Company, issuance
of warrants or other rights to purchase Common Stock or other securities of the Company, or other similar corporate transaction or event,
as determined by the Administrator, affects the Common Stock such that an adjustment is determined by the Administrator to be appropriate
in order to prevent dilution or enlargement of the benefits or potential benefits intended by the Company to be made available under
the Plan or with respect to any outstanding purchase rights under the Plan, the Administrator shall make equitable adjustments, if any,
to reflect such change with respect to (a) the aggregate number and type of Shares (or other securities or property) that may be
issued under the Plan (including, but not limited to, adjustments of the limitations in Section 3.1 and the limitations established
in each Offering Document pursuant to Section 4.2 on the maximum number of Shares that may be purchased); (b) the class(es)
and number of Shares and price per Share subject to outstanding rights; and (c) the Purchase Price with respect to any outstanding
rights.

 

8.2 
Other Adjustments. Subject to Section 8.3, in the event of any transaction or event described in Section 8.1 or any
unusual or nonrecurring transactions or events affecting the Company, any affiliate of the Company, or the financial statements of the
Company or any affiliate, or of changes in Applicable Law or accounting principles, the Administrator, in its discretion, and on such
terms and conditions as it deems appropriate, is hereby authorized to take any one or more of the following actions whenever the Administrator
determines that such action is appropriate in order to prevent the dilution or enlargement of the benefits or potential benefits intended
to be made available under the Plan or with respect to any right under the Plan, to facilitate such transactions or events or to give
effect to such changes in laws, regulations or principles:

 

(a) 
To provide for either (i) termination of any outstanding right in exchange for an amount of cash, if any, equal to the amount that
would have been obtained upon the exercise of such right had such right been currently exercisable or (ii) the replacement of such
outstanding right with other rights or property selected by the Administrator in its sole discretion;

 

(b)
To provide that the outstanding rights under the Plan shall be assumed by the successor or survivor corporation, or a parent or subsidiary
thereof, or shall be substituted for by similar rights covering the stock of the successor or survivor corporation, or a parent or subsidiary
thereof, with appropriate adjustments as to the number and kind of shares and prices;

 

    8

     

    

 

(c) 
To make adjustments in the number and type of Shares (or other securities or property) subject to outstanding rights under the Plan and/or
in the terms and conditions of outstanding rights and rights that may be granted in the future;

 

(d)
To provide that Participants’ accumulated payroll deductions may be used to purchase Common Stock prior to the next occurring Purchase
Date on such date as the Administrator determines in its sole discretion and the Participants’ rights under the ongoing Offering
Period(s) shall be terminated; and

 

(e)
To provide that all outstanding rights shall terminate without being exercised.

 

8.3 
No Adjustment Under Certain Circumstances. No adjustment or action described in this Article VIII or in any other provision
of the Plan shall be authorized to the extent that such adjustment or action would cause the 423 Component of the Plan to fail to satisfy
the requirements of Section 423 of the Code.

 

8.4 
No Other Rights. Except as expressly provided in the Plan, no Participant shall have any rights by reason of any subdivision or
consolidation of shares of stock of any class, the payment of any dividend, any increase or decrease in the number of shares of stock
of any class or any dissolution, liquidation, merger, or consolidation of the Company or any other corporation. Except as expressly provided
in the Plan or pursuant to action of the Administrator under the Plan, no issuance by the Company of shares of stock of any class, or
securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect
to, the number of Shares subject to outstanding rights under the Plan or the Purchase Price with respect to any outstanding rights.

 

ARTICLE IX.

AMENDMENT, MODIFICATION AND TERMINATION

 

9.1 
Amendment, Modification and Termination. The Administrator may amend, suspend or terminate the Plan at any time and from time
to time; provided, however, that approval of the Company’s stockholders shall be required to amend the Plan
to: (a) increase the aggregate number, or change the type, of shares that may be sold pursuant to rights under the Plan under Section 3.1
(other than an adjustment as provided by Article VIII); (b) change the corporations or classes of corporations whose employees
may be granted rights under the Plan; or (c) change the Plan in any manner that would cause the 423 Component of the Plan to no
longer be an “employee stock purchase plan” within the meaning of Section 423(b) of the Code.

 

9.2 
Certain Changes to Plan. Without stockholder consent and without regard to whether any Participant rights may be considered to
have been adversely affected, to the extent permitted by Section 423 of the Code, the Administrator shall be entitled to change
the Offering Periods, limit the frequency and/or number of changes in the amount withheld from Compensation during an Offering Period,
establish the exchange ratio applicable to amounts withheld in a currency other than U.S. dollars, permit payroll withholding in excess
of the amount designated by a Participant in order to adjust for delays or mistakes in the Company’s processing of payroll withholding
elections, establish reasonable waiting and adjustment periods and/or accounting and crediting procedures to ensure that amounts applied
toward the purchase of Common Stock for each Participant properly correspond with amounts withheld from the Participant’s Compensation,
and establish such other limitations or procedures as the Administrator determines in its sole discretion to be advisable that are consistent
with the Plan.

 

9.3 
Actions in the Event of Unfavorable Financial Accounting Consequences. In the event the Administrator determines that the ongoing
operation of the Plan may result in unfavorable financial accounting consequences, the Administrator may, in its discretion and, to the
extent necessary or desirable, modify or amend the Plan to reduce or eliminate such accounting consequence including, but not limited
to:

 

(a)
altering the Purchase Price for any Offering Period including an Offering Period underway at the time of the change in Purchase Price;

 

    9

     

    

 

(b) shortening any Offering Period so that the Offering Period ends on a new Purchase Date, including an Offering Period underway at the
time of the Administrator action; and

 

(c)
allocating Shares.

 

Such
modifications or amendments shall not require stockholder approval or the consent of any Participant.

 

9.4 
Payments Upon Termination of Plan. Upon termination of the Plan, the balance in each Participant’s Plan account shall be
refunded as soon as practicable after such termination, without any interest thereon.

 

ARTICLE X.

TERM OF PLAN

 

The
Plan shall be effective on the Effective Date. No right may be granted under the Plan prior to stockholder approval of the Plan. No rights
may be granted under the Plan during any period of suspension of the Plan or after termination of the Plan.

 

ARTICLE XI.

ADMINISTRATION

 

11.1 
Administrator. Unless otherwise determined by the Board, the Administrator of the Plan shall be the Compensation Committee of
the Board (or another committee or a subcommittee of the Board to which the Board delegates administration of the Plan) (such committee,
the “Committee”). The Board may at any time vest in the Board any authority or duties for administration of
the Plan.

 

11.2 
Action by the Administrator. Each member of the Administrator is entitled to, in good faith, rely or act upon any report or other
information furnished to that member by any officer or other Employee, the Company’s independent certified public accountants,
or any executive compensation consultant or other professional retained by the Company to assist in the administration of the Plan.

 

11.3 
Authority of Administrator. The Administrator shall have the power, subject to, and within the limitations of, the express provisions
of the Plan:

 

(a) 
To determine when and how rights to purchase Common Stock shall be granted and the provisions of each offering of such rights (which
need not be identical).

 

(b)
To designate from time to time which Subsidiaries and/or affiliates of the Company shall be Designated Subsidiaries, which designation
may be made without the approval of the stockholders of the Company.

 

(c)
To adopt sub-plans or special rules applicable to Participants in particular Designated Subsidiaries or locations, which sub-plans or
special rules may be designed to be outside the scope of Section 423 of the Code and under the Non-423 Component.

 

(d) To
construe and interpret the Plan and rights granted under it, and to establish, amend and revoke rules and regulations for its administration.
The Administrator, in the exercise of this power, may correct any defect, omission or inconsistency in the Plan, in a manner and to the
extent it shall deem necessary or expedient to make the Plan fully effective.

 

(e) 
To amend, suspend or terminate the Plan as provided in Article IX.

 

    10

     

    

 

(f) 
Generally, to exercise such powers and to perform such acts as the Administrator deems necessary or expedient to promote the best interests
of the Company and its Subsidiaries and to carry out the intent that the 423 Component of the Plan be treated as an “employee stock
purchase plan” within the meaning of Section 423 of the Code.

 

11.4 
Decisions Binding. The Administrator’s interpretation of the Plan, any rights granted pursuant to the Plan, any subscription
agreement and all decisions and determinations by the Administrator with respect to the Plan are final, binding, and conclusive on all
parties.

 

ARTICLE XII.

MISCELLANEOUS

 

12.1 
Restriction upon Assignment. A right granted under the Plan shall not be transferable other than by will or the applicable laws
of descent and distribution, and is exercisable during the Participant’s lifetime only by the Participant. Except as provided in
Section 12.4 hereof, a right under the Plan may not be exercised to any extent except by the Participant. The Company shall not
recognize and shall be under no duty to recognize any assignment or alienation of the Participant’s interest in the Plan, the Participant’s
rights under the Plan or any rights thereunder.

 

12.2 
Rights as a Stockholder. With respect to Shares subject to a right granted under the Plan, a Participant shall not be deemed to
be a stockholder of the Company, and the Participant shall not have any of the rights or privileges of a stockholder, until such Shares
have been issued to the Participant or his or her nominee following exercise of the Participant’s rights under the Plan. No adjustments
shall be made for dividends (ordinary or extraordinary, whether in cash securities, or other property) or distribution or other rights
for which the record date occurs prior to the date of such issuance, except as otherwise expressly provided herein or as determined by
the Administrator.

 

12.3 
Interest. No interest shall accrue on the payroll deductions or contributions of a Participant under the Plan.

  

12.4 
Designation of Beneficiary.

 

(a)
A Participant may, in the manner determined by the Administrator, file a written or electronic (subject to Section 12.11, as applicable)
designation of a beneficiary who is to receive any Shares and/or cash, if any, from the Participant’s account under the Plan in
the event of such Participant’s death subsequent to a Purchase Date on which the Participant’s rights are exercised but prior
to delivery to such Participant of such Shares and cash. In addition, a Participant may file a written designation of a beneficiary who
is to receive any cash from the Participant’s account under the Plan in the event of such Participant’s death prior to exercise
of the Participant’s rights under the Plan. If the Participant is married and resides in a community property state, a designation
of a Person other than the Participant’s spouse as his or her beneficiary shall not be effective without the prior written consent
of the Participant’s spouse.

 

(b) 
Such designation of beneficiary may be changed by the Participant at any time by written notice to the Company. In the event of the death
of a Participant and in the absence of a beneficiary validly designated under the Plan who is living at the time of such Participant’s
death, the Company shall deliver such Shares and/or cash to the executor or administrator of the estate of the Participant, or if no
such executor or administrator has been appointed (to the knowledge of the Company), the Company, in its discretion, may deliver such
Shares and/or cash to the spouse or to any one or more dependents or relatives of the Participant, or if no spouse, dependent or relative
is known to the Company, then to such other Person as the Company may designate.

 

12.5 
Notices. All notices or other communications by a Participant to the Company under or in connection with the Plan shall be deemed
to have been duly given when received in the form specified by the Company at the location, or by the Person, designated by the Company
for the receipt thereof.

 

    11

     

    

 

12.6 
Equal Rights and Privileges. Subject to Section 5.7, all Eligible Employees who are granted rights under the 423 Component
of the Plan will have equal rights and privileges so that the Plan qualifies as an “employee stock purchase plan” within
the meaning of Section 423 of the Code. Subject to Section 5.7, any provision of the 423 Component of the Plan that is inconsistent
with Section 423 of the Code will, without further act or amendment by the Company, the Board or the Administrator, be reformed
to comply with the equal rights and privileges requirement of Section 423 of the Code.

 

12.7 
Use of Funds. All payroll deductions received or held by the Company under the Plan may be used by the Company for any corporate
purpose, and the Company shall not be obligated to segregate such payroll deductions.

 

12.8 
No Employment Rights. Nothing in the Plan shall be construed to give any Person (including any Eligible Employee or Participant)
the right to remain in the employ of the Company or any Parent or Subsidiary or affect the right of the Company or any Parent or Subsidiary
to terminate the employment of any Person (including any Eligible Employee or Participant) at any time, with or without cause.

 

12.9 
Notice of Disposition of Shares. Each Participant shall, if requested by the Company, give prompt notice to the Company of any
disposition or other transfer of any Shares purchased upon exercise of a right under the 423 Component of the Plan if such disposition
or transfer is made: (a) within two years from the Enrollment Date of the Offering Period in which the Shares were purchased or
(b) within one year after the Purchase Date on which such Shares were purchased. Such notice shall specify the date of such disposition
or other transfer and the amount realized, in cash, other property, assumption of indebtedness or other consideration, by the Participant
in such disposition or other transfer.

 

12.10 Governing Law. The Plan and any agreements hereunder shall be administered, interpreted and enforced under the internal laws of
the State of Delaware without regard to conflicts of laws thereof or of any other jurisdiction.

 

12.11 Electronic Forms. To the extent permitted by Applicable Law and in the discretion of the Administrator, an Eligible Employee may
submit any designation, subscription agreement, form or notice as set forth herein by means of an electronic form approved by the Administrator.
Before the commencement of an Offering Period, the Administrator shall prescribe the time limits within which any such electronic form
shall be submitted to the Administrator with respect to such Offering Period in order to be a valid election.

 

 

12

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