Document:

Exhibit 10.1

 

Execution Version

 

UNIT
REPURCHASE AGREEMENT

 

This UNIT REPURCHASE AGREEMENT
(this “Agreement”), dated as of December 20, 2022 (the “Effective Date”), is entered
into by and between EnLink Midstream, LLC, a Delaware limited liability company (the “Company”), on the one
hand, and GIP III Stetson I, L.P., a Delaware limited partnership (“GIP Stetson
I”) and GIP III Stetson II, L.P., a Delaware limited partnership (“GIP
Stetson II” and, together with GIP Stetson I, the “GIP Parties”),
on the other hand. The Company and each of the GIP Parties are sometimes individually referred to herein as a “Party”
and collectively as the “Parties.” Capitalized terms used but not defined herein shall have the meanings
assigned to such terms in Article I of this Agreement.

 

RECITALS

 

WHEREAS,
GIP Stetson I and GIP Stetson II are the record and beneficial owners of 105,587,570 and
112,024,086 common units representing limited liability company interests in the Company, respectively (the “GIP Units”);

 

WHEREAS,
prior to the Effective Date, the Board of Directors of EnLink Midstream Manager, LLC, a Delaware limited liability company and the sole
managing member of the Company, authorized a common unit repurchase program for 2023 for the repurchase of up to $200 million (as it may
be increased by further action of the Board of Directors, the “Authorized Repurchase Funds”) of the outstanding
common units representing limited liability company interests in the Company (the “Common Units”), with such
repurchases to be made from time to time in open market or private transactions in accordance with applicable securities laws and depending
on market conditions;

 

WHEREAS,
the Parties desire to establish a repurchase arrangement pursuant to which the Company will purchase from each of GIP Stetson I and GIP
Stetson II a number of GIP Units representing a fixed percentage of the Common Units bought through the common unit repurchase program,
on the terms and subject to the conditions of this Agreement;

 

WHEREAS,
in connection with the repurchase by the Company of GIP Units from time to time, each of the GIP Parties will enter into an Assignment
Agreement with the Company in the form attached as Exhibit A hereto (each, an “Assignment”), which Assignment
shall provide for the assignment of the applicable GIP Units from such GIP Parties to the Company; and

 

WHEREAS,
the Conflicts Committee has reviewed and approved this Agreement, the other Transaction Documents and the transactions contemplated hereby
and thereby, with such approval constituting Special Approval (as defined in the Company Agreement).

 

NOW,
THEREFORE, in consideration of the mutual covenants, representations, warranties and agreements herein contained, the Parties agree
as follows:

 

     

     

    

 

Article
I

DEFINITIONS

 

As used in this Agreement:

 

“Affiliate”
means, with respect to any Person, any other Person that, directly or indirectly, Controls, is Controlled by or is under common Control
with, such specified Person through one or more intermediaries or otherwise; provided, however, that (a) with respect to any GIP
Party, the term “Affiliate” shall not include the Company or any of its subsidiaries, and (b) with respect to the Company,
the term “Affiliate” shall not include either GIP Party or any of its Affiliates (other than the Company and its subsidiaries).

 

“Agreement”
has the meaning given to such term in the preamble hereof.

 

“Aggregate GIP
Ownership Percentage” means the aggregate ownership percentage of the Common Units held by GIP Stetson I and GIP Stetson
II at the close of business on the last business day prior to the start of the applicable Repurchase Quarter and after giving effect to
the GIP Units to be purchased in respect of such prior quarter in accordance with Section 2.1 of this Agreement. For the avoidance of
doubt, the Aggregate GIP Ownership Percentage shall reflect GIP Stetson I’s and GIP Stetson II’s aggregate economic ownership
percentage in the Common Units and shall not take into account the ownership interest represented by any non-economic units, such as the
Class C Common Units.

 

“Applicable Law”
or “Law” means any applicable statute, law, regulation, ordinance, rule, judgment, rule of law (including common
law), decree, permit, requirement, or other governmental restriction or any similar form of decision of, or any provision or condition
issued under any of the foregoing by, or any determination by any Governmental Authority having or asserting jurisdiction over the matter
or matters in question, whether now or hereafter in effect and in each case as amended (including all of the terms and provisions of the
common law of such Governmental Authority), as interpreted and enforced at the time in question.

 

“Applicable Distribution
Amount” means, for any Repurchase Quarter, a dollar amount equal to the number of Quarterly Repurchase Units multiplied
by the per unit amount of the Company’s distribution for such Repurchase Quarter.

 

“Applicable Quarterly
Percentage” means for any Repurchase Quarter, a percentage equal to (i) the applicable Aggregate GIP Ownership Percentage
divided by (ii) 100% minus the applicable Aggregate GIP Ownership Percentage.

 

“Assignment”
has the meaning given to such term in the recitals hereto.

 

“Authorized Repurchase
Funds” has the meaning given to such term in the recitals hereto.

 

“Business Day”
means any day except a Saturday, Sunday or other day on which commercial banks in Dallas, Texas are authorized or required by Applicable
Law to be closed.

 

“Common Units”
has the meaning given to such term in the recitals hereto.

 

“Company”
has the meaning set forth in the preamble.

 

“Company Agreement”
means the Second Amended and Restated Operating Agreement of the Company, dated as of January 25, 2019.

 

“Conflicts Committee”
has the meaning set forth in the Company Agreement.

 

“Contract”
means any written contract, agreement, indenture, instrument, note, bond, loan, lease, sublease, easement, mortgage, deed of trust, franchise,
license agreement, purchase order, binding bid or offer, binding term sheet or letter of intent or memorandum, commitment, letter of credit
or any other legally binding arrangement, including any amendments or modifications thereof and waivers relating thereto.

 

    2

     

    

 

“Daily Repurchase
Units” means a number of Common Units equal to (i) the aggregate number of Common Units purchased by the Company in Open
Market Repurchases on a Repurchase Date, multiplied by (ii) the Applicable Quarterly Percentage, rounded to the nearest whole Common
Unit.

 

“Daily Repurchase
Price” means (i) (A) the aggregate purchase price of the Open Market Units repurchased by the Company on the applicable
Repurchase Date (excluding commissions paid to brokers to execute the open market repurchases) divided by (B) the aggregate number
of Open Market Units repurchased by the Company on the applicable Repurchase Date, multiplied by (ii) the Daily Repurchase Units.

 

“Enforceability
Exceptions” has the meaning given to such term in Section 3.2.

 

“GIP Parties”
has the meaning set forth in the preamble.

 

“GIP Stetson I”
has the meaning set forth in the preamble.

 

“GIP Stetson II”
has the meaning set forth in the preamble.

 

“GIP Units”
has the meaning given to such term in the recitals hereto.

 

“Governmental
Authority” means any applicable multinational, foreign, federal, state, local or other governmental statutory or administrative
authority, regulatory body or commission or any court, tribunal or judicial or arbitral authority which has any jurisdiction over a matter.

 

“Lien”
means (a) any lien, hypothecation, pledge, collateral assignment, security interest, charge or encumbrance of any kind, whether such interest
is based on the common law, statute or contract, and whether such obligation or claim is fixed or contingent (including any agreement
to give any of the foregoing) and any option, trust or other preferential arrangement having the practical effect of any of the foregoing,
other than in each case, the restrictions under applicable federal, state and other securities laws, the limited liability company agreement
or limited partnership agreement, as applicable, of either of the GIP Parties, and (b) any purchase option, right of first refusal, right
of first offer, call or similar right of a third party.

 

“Open Market Repurchase”
means a repurchase by the Company of its Common Units on the open market at prevailing market prices.

 

“Open Market Units”
means Common Units repurchased by the Company pursuant to an Open Market Repurchase.

 

“Party”
and “Parties” have the meanings given to such terms in the preamble hereto.

 

“Person”
means any natural person, corporation, limited partnership, general partnership, limited liability company, joint stock company, joint
venture, association, company, estate, trust, bank trust company, land trust, business trust, or other organization, whether or not a
legal entity, custodian, trustee-executor, administrator, nominee or entity in a representative capacity and any Governmental Authority.

 

    3

     

    

 

“Proceeding”
means any action, suit, claim, hearing, proceeding, arbitration, investigation, audit, inquiry, litigation or mediation (whether civil,
criminal, administrative or investigative) commenced, brought, conducted or heard by or before any Governmental Authority, arbitrator
or mediator.

 

“Quarterly Closing”
has the meaning given to such term in Section 2.1(b).

 

“Quarterly Closing
Date” has the meaning given to such term in Section 2.1(b).

 

“Quarterly Earnings
Date” means the publicly announced date of the Company’s earnings release for the applicable Repurchase Quarter.

 

“Quarterly Repurchase
Price” means an amount equal to the sum of all Daily Repurchase Prices in the applicable Repurchase Quarter less the Applicable
Distribution Amount.

 

“Quarterly Repurchase
Units” means Common Units equal to the aggregate number of Daily Repurchase Units in the applicable Repurchase Quarter.

 

“Repurchase Date”
means each Business Day on which the Company repurchases Open Market Units.

 

“Repurchase Quarter”
means each three (3)-month calendar quarter.

 

“Transaction
Documents” means, collectively, this Agreement and the Assignments.

 

Article
II

THE TRANSACTIONS

 

Section
2.1            Repurchase, Delivery and Cancellation of the Quarterly
Repurchase Units.

 

(a)              
At each Quarterly Closing, the Company agrees to purchase from GIP, and GIP agrees to sell, transfer, assign and deliver to the
Company, free and clear of any Liens (other than as imposed by applicable securities laws or by the Company Agreement), the applicable
Quarterly Repurchase Units in exchange for the Quarterly Repurchase Price, in accordance with the provisions of this Agreement. The Quarterly
Repurchase Units and the Quarterly Repurchase Price shall be allocated between the GIP Parties on a pro rata basis based on their
respective ownership percentages of the Common Units at the close of business on the last business day prior to the start of the applicable
Repurchase Quarter and after giving effect to the GIP Units to be purchased in respect of such prior quarter in accordance with Section
2.1 of this Agreement. Following each repurchase of the Quarterly Repurchase Units hereunder, the Quarterly Repurchase Units shall be
cancelled and shall no longer be deemed to be outstanding.

 

(b)              
No later than fifteen (15) Business Days after the end of each Repurchase Quarter, the Company shall provide to GIP a schedule
reflecting the Applicable Quarterly Percentage for the Repurchase Quarter, the Applicable Distribution Amount, and for each Repurchase
Date during the Repurchase Quarter, the number of Daily Repurchase Units and the Daily Repurchase Price with respect to such Repurchase
Date, as well as the Quarterly Repurchase Units and Quarterly Repurchase Price for such Repurchase Quarter. One (1) Business Day prior
to the Quarterly Earnings Date for such Repurchase Quarter, the Parties shall execute and deliver the items described in Section 2.2
and Section 2.3, as applicable, and consummate the closing with respect to the Quarterly Repurchase Units for such Repurchase Quarter
(each, a “Quarterly Closing” and the date on which such Quarterly Closing occurs, a “Quarterly Closing
Date”).

 

    4

     

    

 

Section
2.2            GIP Party Closing Deliverables. At each Quarterly
Closing, each of the GIP Parties shall deliver (or cause to be delivered) to the Company:

 

(a)           
a counterpart to an Assignment, duly executed on behalf of each GIP Party, and such other transfer documents or instruments that
may be reasonably necessary to be delivered by such GIP parties in order to effect a sale, transfer, assignment and delivery of the Quarterly
Repurchase Units to the Company in accordance with Section 2.1(a); and

 

(b)           
a duly completed Internal Revenue Service Form W-9.

 

Section
2.3            Company Closing Deliverables. At each Quarterly
Closing, the Company shall deliver (or cause to be delivered) to the GIP Parties:

 

(a)          
the Quarterly Repurchase Price payable to each GIP Party in accordance with Section 2.1(a) by wire transfer of immediately
available funds to the account or accounts designated by such GIP Parties in writing and provided to the Company at least two (2) Business
Day prior to the applicable Quarterly Closing Date; and

 

(b)              
counterparts to the Assignments, and such other transfer documents or instruments that may be reasonably necessary to be delivered
by the Company in order to effect the repurchase of the Quarterly Repurchase Units in accordance with Section 2.1(a).

 

Article
III

REPRESENTATIONS AND WARRANTIES OF THE GIP PARTIES

 

Each of the GIP Parties, severally
and not jointly, and solely with respect to itself, represents and warrants to the Company as of the date hereof and, as of each Quarterly
Closing Date, upon the delivery of an Assignment at each such Quarterly Closing Date, that:

 

Section
3.1            Organization. Such GIP Party is a limited partnership
duly formed, validly existing and in good standing under the Laws of the State of Delaware.

 

Section
3.2            Authorization. Such GIP Party has all requisite
limited partnership power and authority to execute, deliver, and perform each Transaction Document to which it is a party. The execution,
delivery, and performance by such GIP Party of the Transaction Documents to which it is a party and the consummation by such GIP Party
of the transactions contemplated hereby and thereby, have been duly authorized by all necessary limited partnership or limited liability
company action, as the case may be. Each Transaction Document executed or to be executed by such GIP Party has been, or when executed
will be, duly executed and delivered by such GIP Party and, assuming the execution and delivery by the other parties thereto, constitutes,
or when executed and delivered by the other parties thereto will constitute, a valid and legally binding obligation of such GIP Party,
enforceable against such GIP Party in accordance with its terms, except to the extent that such enforceability may be limited by (a) applicable
bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance, or other similar Applicable Laws affecting creditors’
rights and remedies generally and (b) equitable principles that may limit the availability of certain equitable remedies (such as specific
performance) in certain instances (the “Enforceability Exceptions”).

 

    5

     

    

 

Section
3.3            No Conflicts or Violations. The execution,
delivery, and performance of each of the Transaction Documents to which such GIP Party is a party, and the consummation of the transactions
contemplated hereby and thereby, do not: (a) violate or conflict with any provision of the organizational documents of such GIP Party;
(b) violate any Law applicable to such GIP Party; (c) violate, result in a breach of, constitute (with due notice or lapse of time or
both) a default or cause any obligation, penalty or premium to arise or accrue under any Contract to which such GIP Party is a party;
or (d) result in the creation or imposition of any Lien upon any of the properties or assets of such GIP Party, except, in the case of
clauses (b) through (d), as would not, individually or in the aggregate, reasonably be expected to materially impede the ability of such
GIP Party to consummate any of the transactions contemplated by this Agreement.

 

Section
3.4            Consents and Approvals. Except (a) as would
not, individually or in the aggregate, reasonably be expected to materially impede the ability of such GIP Party to consummate any of
the transactions contemplated hereby, or (b) for any filings required for compliance with any applicable requirements of the federal securities
Laws, any applicable state or other local securities Laws and any applicable requirements of a national securities exchange, neither the
execution and delivery by such GIP Party of any of the Transaction Documents to which such GIP Party is a party, nor the performance by
such GIP Party of its respective obligations thereunder, requires the consent, approval, waiver or authorization of, or declaration, filing,
registration or qualification with any Governmental Authority by such GIP Party.

 

Section
3.5            Ownership of Common Units. As of the date hereof,
GIP Stetson I and GIP Stetson II are the record and beneficial owners of 105,587,570 and
112,024,086 Common Units, respectively, and prior to giving effect to the sale and transfer of the Quarterly Repurchase Units on each
Quarterly Closing Date, each of GIP Stetson I and GIP Stetson II shall be, the record and beneficial owner of all the Quarterly Repurchase
Units to be delivered to the Company, with each GIP Party having the full power to sell and transfer to the Company all such Quarterly
Repurchase Units. On each Quarterly Closing Date, such GIP Parties shall deliver the applicable Quarterly Repurchase Units to the Company,
free and clear of all Liens (other than as imposed by applicable securities laws or by the Company Agreement). None of the Quarterly Repurchase
Units is subject to any voting trust or other contract, agreement, arrangement, commitment or understanding, written or oral, restricting
or otherwise relating to the voting or disposition of the Quarterly Repurchase Units, other than this Agreement and the organizational
documents or other voting arrangements among the GIP Parties. No proxies or powers of attorney have been granted with respect to the Quarterly
Repurchase Units to be delivered by such GIP Parties to the Company. Except as contemplated by this Agreement, there are no outstanding
warrants, options, agreements, convertible or exchangeable securities or other commitments pursuant to which such GIP Party is or may
become obligated to transfer any of the Quarterly Repurchase Units, except as (a) would not reasonably be expected to impair the ability
of such GIP Party to deliver the applicable Quarterly Repurchase Units to the Company as contemplated by this Agreement and (b) would
not apply to the Quarterly Repurchase Units following the delivery of the Quarterly Repurchase Units to the Company pursuant to this Agreement.

 

Section
3.6            Litigation. There is no Proceeding pending
or, to the knowledge of such GIP Party, threatened against such GIP Party, or against any officer, manager or director of such GIP Party,
in each case related to the Quarterly Repurchase Units to be delivered by such GIP Party to the Company or the transactions contemplated
hereby. Such GIP Party is not a party or subject to any order, writ, injunction, judgment or decree of any court or Governmental Authority
relating to the Quarterly Repurchase Units to be delivered by such GIP Party to the Company or the transactions contemplated by this Agreement.

 

    6

     

    

 

Section
3.7            Brokers and Finders. No investment banker,
broker, finder, financial advisor or other intermediary is entitled to any broker’s, finder’s, financial advisor’s or
other similar based fee or commission in connection with the transactions contemplated hereby as a result of being engaged by such GIP
Party or any of its Affiliates.

 

Section
3.8            Acknowledgments. Such GIP Party acknowledges
(for itself and on behalf of its Affiliates and representatives) that it has not relied on any advice or recommendation by the Company
or its managers, directors, officers, agents or Affiliates with respect to its decision to enter into this Agreement and to consummate
the transactions contemplated hereby. Such GIP Party (i) is a sophisticated seller with respect to the GIP Units and has sufficient knowledge,
including but not limited to knowledge of the Company, and expertise, including with respect to investments in and dispositions of securities
issued by the Company and comparable entities, to evaluate the business and financial condition of the Company and its subsidiaries and
the merits and risks of the sale of the GIP Units, (ii) has had sufficient opportunity and time to investigate and review the business,
management and financial affairs of the Company, and it has conducted, to its satisfaction, its own independent investigation, before
its decision to enter into this Agreement, and further has had the opportunity to consult with all advisers it deems appropriate or necessary
to consult with in connection with this Agreement and any action arising hereunder, including investment, legal, tax and accounting advisers
and (iii) acknowledges and understands that the Company may, as of the Effective Date or as of any Quarterly Closing Date, possess or
have access to material nonpublic information regarding the Company and the Common Units not known to GIP that may affect the value of
the GIP Units and that the Company is or may be unable to disclose such information. Such GIP Party acknowledges that, in connection with
its entry into this Agreement and consummation of the transactions contemplated hereby, it has not relied on any express or implied representations
or warranties of any nature, oral or written, made by or on behalf of the Company or any of its managers, directors, officers, Affiliates
or representatives, except for the representations or warranties of the Company set forth in Article IV.

 

Article
IV

REPRESENTATIONS AND WARRANTIES OF THE COMPANY

 

The Company represents and
warrants to each of the GIP Parties, as of the date hereof and, as of each Quarterly Closing Date, upon the delivery of a counterpart
signature to the Assignment at each such Quarterly Closing Date, that:

 

Section
4.1            Organization. The Company is a limited liability
company, duly formed, validly existing and in good standing under the Laws of the State of Delaware.

 

Section
4.2             Authorization. The Company has
all requisite limited liability company power and authority to execute, deliver, and perform each Transaction Document to which it is
a party. The execution, delivery, and performance by the Company of the Transaction Documents to which it is a party and the consummation
by the Company of the transactions contemplated hereby and thereby, have been duly authorized by all necessary limited liability company
action on the part of the Company. Each Transaction Document executed or to be executed by the Company has been, or when executed will
be, duly executed and delivered by the Company and, assuming the execution and delivery by the other parties thereto, constitutes, or
when executed and delivered by the other parties thereto will constitute, a valid and legally binding obligation of the Company, enforceable
against the Company in accordance with its terms, except to the extent that such enforceability may be limited by the Enforceability
Exceptions.

 

    7

     

    

 

Section
4.3            No Conflicts or Violations. The execution,
delivery, and performance of each of the Transaction Documents to which the Company is a party, and the consummation of the transactions
contemplated hereby and thereby, do not: (a) violate or conflict with any provision of the organizational documents of the Company; (b)
violate any Law applicable to the Company; (c) violate, result in a breach of, constitute (with due notice or lapse of time or both) a
default or cause any obligation, penalty or premium to arise or accrue under any Contract to which the Company is a party; or (d) result
in the creation or imposition of any Lien upon any of the properties or assets of the Company, except, in the case of clauses (b) through
(d), as would not, individually or in the aggregate, reasonably be expected to materially impede the ability of the Company to consummate
any of the transactions contemplated by this Agreement.

 

Section
4.4            Consents and Approvals. Except (a) as would
not, individually or in the aggregate, reasonably be expected to materially impede the ability of the Company to consummate any of the
transactions contemplated hereby, or (b) for any filings required for compliance with any applicable requirements of the federal securities
Laws, any applicable state or other local securities Laws and any applicable requirements of a national securities exchange, neither the
execution and delivery by the Company of any of the Transaction Documents to which the Company is a party, nor the performance by the
Company of its respective obligations thereunder, requires the consent, approval, waiver, or authorization of, or declaration, filing,
registration, or qualification with any Governmental Authority by the Company.

 

Section
4.5            Litigation. There is no Proceeding pending
or, to the knowledge of the Company, threatened against the Company, or against any officer, manager or director of the Company, in each
case related to the Quarterly Repurchase Units to be delivered by the GIP Parties to the Company or the transactions contemplated hereby.
The Company is not a party or subject to any order, writ, injunction, judgment or decree of any court or Governmental Authority relating
to the Quarterly Repurchase Units to be delivered by the GIP Parties to the Company or the transactions contemplated by this Agreement.

 

Section
4.6            Brokers and Finders. No investment banker,
broker, finder, financial advisor or other intermediary is entitled to any broker’s, finder’s, financial advisor’s or
other similar based fee or commission in connection with the transactions contemplated hereby as a result of being engaged by the Company
or any of its Affiliates.

 

Section
4.7            Acknowledgments. The Company acknowledges that
it has not relied on any advice or recommendation by the GIP Parties or their respective partners, directors, officers, agents or affiliates
with respect to the Company’s decision to enter into this Agreement and to consummate the transactions contemplated hereby. The
Company has had the opportunity to consult with all advisors it deems appropriate or necessary to consult with in connection with this
agreement and any action arising hereunder. The Company acknowledges that, in connection with its entry into this Agreement and consummation
of the transactions contemplated hereby, it has not relied on any express or implied representations or warranties of any nature, oral,
or written, made by or on behalf of any GIP Party or any of their respective Affiliates or representatives, except for the representations
or warranties of the GIP Parties set forth in Article III.

 

    8

     

    

 

Article
V

COVENANTS

 

Section
5.1            Further Assurances. On and after the Effective
Date, the Parties shall use their respective commercially reasonable efforts to take or cause to be taken all appropriate actions and
do, or cause to be done, all things reasonably necessary or appropriate to make effective the transactions contemplated hereby, including
the execution of any assignment or similar documents or instruments of transfer of any kind at each Quarterly Closing Date, the obtaining
of consents that may be reasonably necessary or appropriate to carry out any of the provisions hereof and the taking of all such other
actions as such Party may reasonably request to be taken by the other Party from time to time, consistent with the terms of this Agreement,
in order to effectuate the provisions and purposes of this Agreement and the transactions contemplated hereby.

 

Section
5.2            Quarterly Distributions. Each GIP Party shall
be entitled to receive, and the Company shall pay to each GIP Party, any cash distribution payable under the Company Agreement with respect
to the Quarterly Repurchase Units transferred by such GIP Party on the applicable Quarterly Closing Date and as and when paid to the holders
of the Common Units pursuant to the Company Agreement, so long as such GIP Party is the record and beneficial owner of such Quarterly
Repurchase Units as of the Record Date (as defined in the Company Agreement) for such cash distribution.

 

Article
VI

TERMINATION

 

Section
6.1            Termination Notice. Subject to the proviso
in Section 6.2, below, this Agreement shall be terminated on the earlier of the date on which all of the Authorized Repurchase Funds have
been exhausted and December 31, 2023. In addition, this Agreement may be earlier terminated and the transactions contemplated hereby may
be abandoned at any time by:

 

		(i)	the mutual written agreement of the Parties, effective as of the date designated as the termination date
in such written agreement, or

 

(ii)
        either the Company or the GIP Parties upon the delivery of a written notice (the “Termination
Notice”) of such termination to the other party or their representative, which notice shall set forth an effective date
for such termination; provided, however, that, in the case of this clause (ii), the effective date of such termination shall be
no earlier than 10 days from the date of delivery of the Termination Notice.

 

Section
6.2            Effect of Termination. On the effective date
of the termination pursuant to Section 6.1 (the “Termination Date”), this Agreement shall terminate,
and there shall be no further liability or obligation hereunder or thereunder on the part of any Party hereto; provided, however,
that (i) the Parties shall effect a “Quarterly Closing” of Quarterly Repurchase Units with respect to any Repurchase Dates
effected during the Repurchase Quarter in which the Termination Date occurs, by applying the provisions of Section 2.1(b) as if
the Termination Date were the end of the applicable Repurchase Quarter (mutatis mutandis), and (ii) nothing contained in this Agreement
(including this sentence) will relieve any party from liability for any breach of any of its representations, warranties, covenants or
agreements set forth in this Agreement.

 

    9

     

    

 

Article
VII

SURVIVAL

 

Section
7.1            All representations and warranties of the Parties contained
in this Agreement shall terminate as of each Quarterly Closing Date in respect of the Quarterly Repurchase Units delivered by the GIP
Parties to the Company as of such Quarterly Closing Date.

 

Section
7.2            All covenants and agreements of the Parties contemplated
to be performed prior to each Quarterly Closing Date shall terminate as of such Quarterly Closing Date in respect of the Quarterly Repurchase
Units delivered by the GIP Parties to the Company as of such Quarterly Closing Date.

 

Section
7.3            All covenants and agreements of the Parties contemplated
to be performed following each Quarterly Closing Date shall survive such Quarterly Closing Date until performed in accordance with their
respective terms.

 

Section
7.4            Regardless of any purported general termination of this Agreement,
the provisions of Sections 6.2 and Article 8 shall remain operative and in full force and effect as between the Company
and each GIP Party, unless the Company and each GIP Party execute a writing that expressly terminates such rights and obligations as between
the Company and each GIP Party.

 

Article
VIII

MISCELLANEOUS

 

Section
8.1            Headings; References; Interpretation. All Article
and Section headings in this Agreement are for convenience only and shall not be deemed to control or affect the meaning or construction
of any of the provisions hereof. The words “hereof,” “herein” and “hereunder” and words of similar
import, when used in this Agreement, shall refer to this Agreement as a whole, and not to any particular provision of this Agreement.
All references herein to Articles and Sections shall, unless the context requires a different construction, be deemed to be references
to the Articles and Sections of this Agreement. All personal pronouns used in this Agreement, whether used in the masculine, feminine
or neuter gender, shall include all other genders, and the singular shall include the plural and vice versa. The use herein of the word
 “including” following any general statement, term or matter shall not be construed to limit such statement, term or matter
to the specific items or matters set forth immediately following such word or to similar items or matters, whether or not non-limiting
language (such as “without limitation,” “but not limited to” or other words of similar import) is used with reference
thereto, but rather shall be deemed to refer to all other items or matters that could reasonably fall within the broadest possible scope
of such general statement, term or matter.

 

Section
8.2            No Third-Party Rights. The provisions of this
Agreement are intended to bind the Parties as to each other and are not intended to, and do not, create rights in any other Person or
confer upon any other Person any benefits, rights or remedies, and no Person is or is intended to be a third-party beneficiary of any
of the provisions of this Agreement. Without limiting the generality of the foregoing, the Parties agree that their respective representations,
warranties and covenants set forth in this Agreement are the product of negotiations among the Parties and are for the sole benefit of
the Parties, in accordance with and subject to the terms of this Agreement, and no other Person has the right to rely upon the representations
and warranties, or the right to enforce any covenants, set forth herein. Any inaccuracies in such representations and warranties are subject
to waiver by the Parties in accordance with Section 8.6 without notice or liability to any other Person. In some instances, the
representations and warranties in this Agreement may represent an allocation among the Parties of risks associated with particular matters
regardless of the knowledge of any of the Parties. Consequently, Persons other than the Parties may not rely upon the representations
and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any other
date.

 

    10

     

    

 

Section
8.3            Successors and Assigns. This Agreement shall
be binding upon and inure to the benefit of the Parties and their respective successors and assigns. No Party may assign, in whole or
in part, either this Agreement or any of its rights, interests or obligations hereunder without the prior written approval of the other
Parties.

 

Section
8.4            Notices. All notices and demands provided for
hereunder shall be in writing and shall be given by registered or certified mail, return receipt requested, electronic mail, air courier
guaranteeing overnight delivery or personal delivery to the following addresses:

 

If to the Company:

 

EnLink Midstream, LLC

1722 Routh Street

Suite 1300

Dallas, TX, 75201

Attention: General Counsel

Email: legal@enlink.com

 

If to the GIP Parties:

 

GIP III Stetson I, L.P.

GIP III Stetson II, L.P.

c/o Global Infrastructure Management, LLC

1345 Avenue of the Americas

New York, New York 10105

Attention: Julie Ashworth

Email: GIPLegal@global-infra.com

 

Section
8.5            Severability. Whenever possible, each provision
of this Agreement shall be interpreted in such manner as to be valid and effective under Applicable Law, but if any provision of this
Agreement or the application of any such provision to any Person or circumstance shall be held invalid, illegal or unenforceable in any
respect by a court of competent jurisdiction, such invalidity, illegality or unenforceability shall not affect any other provision hereof,
and the Parties shall negotiate in good faith with a view to substitute for such provision a suitable and equitable solution in order
to carry out, so far as may be valid and enforceable, the intent and purpose of such invalid, illegal or unenforceable provision.

 

    11

     

    

 

Section
8.6            Amendment or Modification; Waiver. This Agreement
may be amended, supplemented or modified from time to time only by the written agreement of all the Parties. Each such instrument shall
be reduced to writing and shall be designated on its face as an amendment to this Agreement. Any extension or waiver of the obligations
herein of any Party shall be valid only if set forth in an instrument in writing referring to this section and executed by the Party to
be bound thereby. Any waiver of any term or condition shall not be construed as a waiver of any subsequent breach or a subsequent waiver
of the same term or condition, or a waiver of any other term or condition, of this Agreement. The failure of any Party to assert any of
its rights hereunder shall not constitute a waiver of any of such rights.

 

Section
8.7            Integration. This Agreement, each of the other
Transaction Documents and each of the other instruments referenced herein and therein and in the exhibits attached hereto supersede all
previous understandings or agreements among the Parties, whether oral or written, with respect to the subject matter of this Agreement,
each of the other Transaction Documents and such other instruments. This Agreement, each of the other Transaction Documents and each of
the other instruments referenced herein or therein contain the entire understanding of the Parties with respect to the subject matter
hereof and thereof. There are no unwritten oral agreements between the parties. No understanding, representation, promise or agreement,
whether oral or written, is intended to be or shall be included in or form part of this Agreement unless it is contained in a written
amendment hereto executed by the Parties after the date of this Agreement.

 

Section
8.8            Expenses. Except as otherwise provided in this
Agreement, each of the Parties will bear and pay all other costs and expenses incurred by it or on its behalf in connection with the transactions
contemplated pursuant to this Agreement.

 

Section
8.9            Applicable Law. This Agreement shall be construed
in accordance with and governed by the Laws of the State of Delaware, without regard to the principles of conflicts of law. EACH OF THE
PARTIES AGREES THAT THIS AGREEMENT INVOLVES AT LEAST U.S. $100,000.00 AND THAT THIS AGREEMENT HAS BEEN ENTERED INTO IN EXPRESS RELIANCE
UPON 6 Del. C. § 2708. EACH OF THE PARTIES IRREVOCABLY AND UNCONDITIONALLY AGREES (a) TO BE SUBJECT TO THE JURISDICTION OF THE COURTS
OF THE STATE OF DELAWARE AND OF THE FEDERAL COURTS SITTING IN THE STATE OF DELAWARE, AND (b) TO THE EXTENT SUCH PARTY IS NOT OTHERWISE
SUBJECT TO SERVICE OF PROCESS IN THE STATE OF DELAWARE, TO APPOINT AND MAINTAIN AN AGENT IN THE STATE OF DELAWARE AS SUCH PARTY’S
AGENT FOR ACCEPTANCE OF LEGAL PROCESS AND TO NOTIFY THE OTHER PARTIES OF THE NAME AND ADDRESS OF SUCH AGENT.

 

Section
8.10        Specific Performance. The Parties agree that irreparable damage would
occur and that there would be no adequate remedy at Law in the event that any of the provisions of this Agreement were not performed prior
to termination of this Agreement in accordance with their specific terms or were otherwise breached. It is accordingly agreed that the
Parties shall be entitled to an injunction or injunctions to prevent breaches of this Agreement and to enforce specifically the terms
and provisions of this Agreement in the Court of Chancery of the State of Delaware without bond or other security being required, this
being in addition to any other remedy to which they are entitled at law or in equity.

 

    12

     

    

 

Section
8.11        Withholding. All payments and distributions under this Agreement shall
be subject to withholding and backup withholding of tax to the extent required by Applicable Law, and amounts withheld, if any, shall
be treated as received by the GIP Parties. The Company shall notify each GIP Party if it intends to withhold, pursuant to this Section
8.11, any amounts payable to such GIP Party.

 

Section
8.12        No Presumption Against Drafting Party. Each of the Parties acknowledge
that it has been represented by counsel in connection with this Agreement and the transactions contemplated by this Agreement. Accordingly,
any rule of law or any legal decision that would require interpretation of any claimed ambiguities in this Agreement against the drafting
party has no application and is expressly waived.

 

Section
8.13        Counterparts. This Agreement may be executed in one or more counterparts,
each of which shall be deemed an original, and all of which, when taken together, shall be deemed one agreement. The exchange of copies
of this Agreement and of signature pages by facsimile or electronically including by PDF transmission shall constitute effective execution
and delivery of this Agreement for all purposes. Signatures of the Parties hereto transmitted by facsimile or electronically including
by PDF transmission shall be deemed to be their original signatures for all purposes. The words “execution,” “signed,”
 “signature” and words of like import in this Agreement or in any other certificate, agreement or document related to this
Agreement shall include images of manually executed signatures transmitted by facsimile or other electronic format (including “pdf,”
 “tif” or “jpg”) and other electronic signatures (including DocuSign and AdobeSign). The use of electronic signatures
and electronic records (including any contract or other record created, generated, sent, communicated, received or stored by electronic
means) shall be of the same legal effect, validity and enforceability as a manually executed signature or use of a paper-based record-keeping
system to the fullest extent permitted by applicable law, including the Federal Electronic Signatures in Global and National Commerce
Act, the Delaware Uniform Electronic Transactions Act, the New York State Electronic Signatures and Records Act, and any other applicable
law.

 

[Signature
page follows]

 

    13

     

    

 

IN WITNESS WHEREOF, each of
the Parties has duly executed this Agreement as of the date first written above.

 

	 	ENLINK MIDSTREAM, LLC
	 	 	 
	 	By: 	EnLink Midstream Manager, LLC,
	 	 	its Managing Member
	 	 	 
	 	By:	/s/ Benjamin D. Lamb
	 	Name: 	Benjamin D. Lamb
	 	Title: 	Executive Vice President and Chief Financial Officer

 

[Signature Page to Unit Repurchase Agreement]

 

     

     

    

 

	 	GIP III STETSON I, L.P.
	 	By: GIP III Stetson GP, LLC, its general partner
	 	 	 
	 	By: 	/s/ Gregg Myers
	 	Name:	Gregg Myers
	 	Title: 	Chief Financial Officer
	 	 	 
	 	GIP III STETSON II, L.P.
	 	By: GIP III Stetson GP, LLC, its general partner
	 	 	 
	 	By: 	/s/ Gregg Myers
	 	Name:	Gregg Myers
	 	Title:	Chief Financial Officer

 

[Signature Page to Unit Repurchase Agreement]

 

     

     

    

 

Exhibit
A

 

Assignment
of Common Units

 

[See attached]

 

     

     

    

 

ASSIGNMENT
OF COMMON UNITS 

 

THIS ASSIGNMENT OF COMMON
UNITS (this “Agreement”) is made effective as of [●] (the “Effective Date”),
by and between EnLink Midstream, LLC, a Delaware limited liability company (the “Company”), on the one hand,
and [GIP III Stetson I, L.P., a Delaware limited partnership][GIP
III Stetson II, L.P., a Delaware limited partnership] (the “Assignor”), on the other hand. Capitalized
terms used but not defined herein shall have the meanings assigned to such terms in the Purchase Agreement (as defined below).

 

RECITALS

 

WHEREAS, Assignor is
the record and beneficial owner of [●] Common Units of the Company;

 

WHEREAS, the Company and Assignor
have entered into that certain Unit Repurchase Agreement (the “Purchase Agreement”), dated as of December 20,
2022, pursuant to which, among other things, (a) the Company agreed to purchase from Assignor a number of Common Units as determined in
accordance with Section 2.1(a) thereof, which as of the date hereof is [●] Units (the “Subject Units”)
and (b) Assignor agreed to sell, transfer, assign and deliver all of its right, title and interest in and to the Subject Units to the
Company;

 

WHEREAS, Assignor desires
to assign all of its right, title and interest in and to the Subject Units to the Company, and the Company desires to accept Assignor’s
assignment of the Subject Units (the “Assignment”);

 

WHEREAS, immediately following
the Assignment, the Company shall cancel the Subject Units, and the Subject Units shall cease to be outstanding; and

 

WHEREAS, in order to effectuate
the Assignment, the Company and Assignor are executing and delivering this Agreement.

 

NOW, THEREFORE, in consideration
of the mutual agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, and intending to be legally bound hereby, the parties hereto agree as follows:

 

1.                 
Assignment. Effective as of the Effective Date, Assignor hereby irrevocably assigns, transfers and delivers to the Company
all of Assignor’s right, title and interest in and to the Subject Units, together with all rights and obligations existing or arising
with respect to the Subject Units, whether arising or attributable to periods prior to or after the Effective Date.

 

2.                 
Acceptance, Assumption and Acknowledgment. Effective as of the Effective Date, the Company hereby accepts Assignor’s
assignment of the Subject Units pursuant to Section 1.

 

3.                 
Effect of Assignment. Effective as of the Effective Date, (a) Assignor shall cease to have any right, title or interest
in or to the Subject Units and shall have no further rights or obligations with respect to the Subject Units under the Company Agreement
or otherwise and (b) each of the Subject Units shall cease to be outstanding.

 

     

     

    

 

4.                 
Choice of Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, without
giving effect to the principles of conflict of laws of that state.

 

5.                 
Further Assurances. Each of Assignor and the Company agrees to take such further action as may be necessary or appropriate
to effect the purposes of this Agreement.

 

6.                 
General. This Agreement is binding on and shall inure to the benefit of the signatories hereto and their respective successors
and assigns. This Agreement is expressly subject to the terms, provisions and limitations of the Purchase Agreement and, in the event
of any conflict between the terms of this Agreement and the terms of the Purchase Agreement, the terms of the Purchase Agreement shall
control. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, and all of which, when
taken together, shall be deemed one agreement. The exchange of copies of this Agreement and of signature pages by facsimile or electronically
including by PDF transmission shall constitute effective execution and delivery of this Agreement for all purposes. Signatures of the
Parties hereto transmitted by facsimile or electronically including by PDF transmission shall be deemed to be their original signatures
for all purposes. The words “execution,” “signed,” “signature” and words of like import in this Agreement
or in any other certificate, agreement or document related to this Agreement shall include images of manually executed signatures transmitted
by facsimile or other electronic format (including “pdf,” “tif” or “jpg”) and other electronic signatures
(including DocuSign and AdobeSign). The use of electronic signatures and electronic records (including any contract or other record created,
generated, sent, communicated, received or stored by electronic means) shall be of the same legal effect, validity and enforceability
as a manually executed signature or use of a paper-based record-keeping system to the fullest extent permitted by applicable law, including
the Federal Electronic Signatures in Global and National Commerce Act, the Delaware Uniform Electronic Transactions Act, the New York
State Electronic Signatures and Records Act, and any other applicable law. Each provision of this Agreement shall be considered severable
and if for any reason any provision or provisions herein are determined to be invalid, unenforceable or illegal under any existing or
future law, such invalidity, unenforceability or illegality shall not impair the operation of or affect those portions of this Agreement
which are valid, enforceable and legal.

 

[Remainder of page intentionally left
blank]

 

     

     

    

 

IN WITNESS WHEREOF, each of
the Parties has duly executed this Agreement as of the date first written above.

 

	 	ENLINK MIDSTREAM, LLC
	 	 
	 	By: 	EnLink Midstream Manager, LLC,
	 	 	its Managing Member
	 	 	 
	 	By:	 
	 	 	Benjamin D. Lamb
	 	 	Executive Vice President and
	 	 	Chief Financial Officer

 

[Signature Page to Assignment]

 

     

     

    

 

	 	[GIP III STETSON I, L.P.
	 	By: GIP III Stetson GP, LLC, its general partner]
	 	 	 
	 	By: 	 
	 	Name:	 
	 	Title: 	 
	 	 	 
	 	[GIP III STETSON II, L.P.
	 	By: GIP III Stetson GP, LLC, its general partner]
	 	 	 
	 	By: 	 
	 	Name:	 
	 	Title:	 

 

[Signature Page to Assignment]Document

Exhibit 10.1
EXECUTION VERSION

VOTING AGREEMENT
This Voting Agreement (this “Agreement”), dated as of December 21, 2022, is by and among Berkeley Lights, Inc., a Delaware corporation (“Parent”), Iceland Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Merger Sub”), IsoPlexis Corporation, a Delaware corporation (the “Company”), and the Persons listed on the attached Schedule A who are signatories to this Agreement (each, a “Stockholder” and collectively, the “Stockholders”).
RECITALS
WHEREAS, concurrently herewith, the Company, Parent and Merger Sub are entering into an Agreement and Plan of Merger (as amended, restated, supplemented or otherwise modified from time to time, the “Merger Agreement”);
WHEREAS, as of the date of this Agreement, each Stockholder is the “beneficial owner” (within the meaning of Rule 13d-3 under the Exchange Act) of the number of shares of Company Common Stock set forth next to such Stockholder’s name on Schedule A hereto, being all of the shares of Company Common Stock owned of record or beneficially by such Stockholder as of the date of this Agreement (collectively with respect to such Stockholder, the “Owned Shares” and, together with any additional shares of Company Common Stock or other voting securities of the Company of which such Stockholder acquires beneficial ownership after the date of this Agreement, including by purchase, as a result of a stock dividend, stock split, recapitalization, combination, consolidation, reclassification, exchange or change of such shares, or other similar transaction, or upon exercise or conversion of any securities (including any Company Stock Options, Company Restricted Shares or any other equity awards), such Stockholder’s “Covered Shares”);
WHEREAS, as a condition and inducement to the willingness of the Company, Parent and Merger Sub to enter into the Merger Agreement and to proceed with the transactions contemplated thereby, including the Merger and the Share Issuance, the Company, Parent, Merger Sub and the Stockholders are entering into this Agreement; and 
WHEREAS, the Stockholders acknowledge that each of the Company, Parent and Merger Sub are entering into the Merger Agreement in reliance on the representations, warranties, covenants and other agreements of the Stockholders set forth in this Agreement and would not enter into the Merger Agreement if the Stockholders did not enter into this Agreement.
AGREEMENT
NOW, THEREFORE, in consideration of the foregoing and the respective representations, warranties, covenants and agreements set forth below and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, do hereby agree as follows:
1.    Certain Definitions. All capitalized terms that are used but not defined herein have the respective meanings ascribed to them in the Merger Agreement. For all purposes of and under this Agreement, the following terms have the following respective meanings:

(a)    “Permitted Liens” means Liens that would not reasonably be expected to interfere adversely with the performance by the applicable Stockholder of its obligations hereunder.
(b)    “Termination Date” means the earliest to occur of (i) the Effective Time, (ii) the termination of the Merger Agreement in accordance with its terms or (iii) the date on which any amendment to the Merger Agreement is effected, or any waiver of the Company’s rights under the Merger Agreement is granted, in each case, without the Stockholders’ prior written consent, that (A) diminishes the Merger Consideration to be received by the stockholders of the Company, (B) changes the form of Merger Consideration payable to the stockholders of the Company, (C) extends the End Date or imposes any additional conditions to the consummation of the Merger or (D) affects any of the other material terms of Article II (The Merger), Section 6.02 (No Solicitation by the Company; Company Recommendation), Section 7.07 (Indemnification, Exculpation and Insurance), Section 7.09 (Certain Tax Matters), Article VIII (Conditions Precedent) or Article IX (Termination, Amendment and Waiver) of the Merger Agreement in a manner that is materially adverse to any of the Stockholders in their capacity as such.
(c)    A Person will be deemed to have effected a “Transfer” of a security if such Person, whether voluntarily or involuntarily, directly or indirectly (i) sells, pledges, encumbers, hypothecates, leases, assigns, gifts, grants an option with respect to, transfers, exchanges, tenders or disposes (by merger, by testamentary disposition, by operation of law or otherwise) of such security or any interest in such security, (ii) creates or permits to exist any Liens (other than Permitted Liens and restrictions on transfer imposed under applicable securities laws), (iii) deposits such security into a voting trust or enters into a voting agreement or arrangement or grants any proxy, power of attorney or other authorization with respect thereto that is inconsistent with this Agreement or (iv) enters into an agreement to take any of the actions referred to in the foregoing clauses (i) through (iii).
2.    Transfer Restrictions. From the date of this Agreement until the Termination Date, no Stockholder shall Transfer (or cause or permit the Transfer of) any of its Covered Shares except with Parent’s prior written consent. Notwithstanding anything to the contrary in this Agreement, this Section 2 shall not prohibit a Transfer of Covered Shares by a Stockholder to (i) any other Stockholder or (ii) any of its Affiliates or limited partners (including, for the avoidance of doubt, any distribution in kind to the limited partners) or, if the Stockholder is a natural person, to any member of the Stockholder’s immediate family or to a trust for the benefit of the Stockholder or any member of the Stockholder’s immediate family; provided that, in the case of this clause (ii), such a Transfer shall be permitted only if, as a precondition to such Transfer, the transferee agrees in writing (in form and substance reasonably satisfactory to Parent) to be bound by all of the obligations of the Stockholder under this Agreement with respect to such Covered Shares being Transferred. Any Transfer or attempted Transfer of any Covered Shares in violation of this Section 2 shall be null and void and of no effect whatsoever. In furtherance of the foregoing, from the date of this Agreement until the Termination Date, no Stockholder shall make any demands to register any of its Covered Shares pursuant to the terms of that certain Sixth Amended and Restated Investors’ Rights Agreement, dated as of December 30, 2020, by and among the Company and the other parties thereto from time to time (as 
2

amended, restated, supplemented or otherwise modified from time to time, the “Investors’ Rights Agreement”).
3.    Agreement to Vote.
(a)    From the date of this Agreement until the Termination Date, at the Company Stockholder Meeting and any other meeting of the stockholders of the Company (and at every adjournment or postponement thereof) to vote on any matter contemplated by this Agreement, however called, or (if applicable) in connection with any written consent of the Company’s stockholders, each Stockholder shall unconditionally and irrevocably vote, or shall cause to be unconditionally and irrevocably voted, all its Covered Shares held at that time:
(i)    in favor of the adoption of the Merger Agreement and approval of the Merger and the other transactions contemplated by the Merger Agreement;
(ii)    in favor of the approval of any proposal to adjourn the meeting to a later date, if there is not a quorum or sufficient affirmative votes (in person or by proxy) to obtain the Company Stockholder Approval on the date on which such meeting is held; 
(iii)    against any action or agreement that would reasonably be expected to result in the conditions of the Transactions not being fulfilled or a breach of a covenant, representation or warranty or any other material obligation or agreement of the Company contained in the Merger Agreement; 
(iv)    against any action, proposal, transaction or agreement that would reasonably be expected to prevent or materially delay the consummation of the Transactions; and
(v)    against any Company Takeover Proposal.
(b)    From the date of this Agreement until the Termination Date, each Stockholder shall appear (in person, by proxy or by any other means permitted by the Company Bylaws) at each meeting of the stockholders of the Company, or adjournment or postponement thereof, to vote on any matter contemplated by this Agreement and shall cause all its Covered Shares to be counted as present thereat for purposes of calculating a quorum and shall vote all its Covered Shares in accordance with this Section 3.
(c)    Nothing in this Agreement, including this Section 3, limits or restricts (i) any Affiliate or designee of any Stockholder who serves as a member of the Company Board or (ii) any Stockholder serving as an officer in acting or voting in his or her capacity as a director of the Company or as an officer and exercising his or her fiduciary duties and responsibilities, it being understood that this Agreement applies to each Stockholder solely in its capacity as a stockholder of the Company and does not apply to any such actions, judgments or decisions as a director or officer of the Company, and such actions (or failures to act) shall not be deemed to constitute a breach of this Agreement.
(d)    In the event of a Company Adverse Recommendation Change made in compliance with the terms of the Merger Agreement, then during the pendency thereof, the aggregate number of shares that shall be considered Covered Shares hereunder shall be reduced 
3

(with such reduction applying to each Stockholder on a pro rata basis in accordance with each Stockholder’s relative Covered Shares and rounded up to the nearest whole Covered Share) without any action by the Company or the Stockholders such that the number of Covered Shares held, collectively, by all Stockholders shall represent in the aggregate (after such reduction) thirty percent (30%) of the total number of outstanding shares of Company Common Stock as of the time the applicable Company Notice of Recommendation Change is delivered by the Company to Parent.
4.    No Inconsistent Agreements. 
Each Stockholder hereby represents, covenants and agrees that, except as contemplated by this Agreement, such Stockholder (i) has not entered into, and shall not enter into at any time prior to the Termination Date, any voting agreement or voting trust with respect to any of its Covered Shares and (ii) has not granted, and shall not grant at any time prior to the Termination Date, a proxy or power of attorney with respect to any of its Covered Shares, in either case, that is inconsistent with such Stockholder’s obligations pursuant to this Agreement.
5.    Representations and Warranties of the Stockholders. Each Stockholder hereby represents and warrants to Parent and Merger Sub, solely as to itself and not as to any other Stockholder or other Person, as follows:
(a)    Power; Organization; Binding Agreement. Such Stockholder has the power and authority (in the case of each Stockholder that is not a natural person) or capacity (in the case of each Stockholder that is a natural person) to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. With respect to each Stockholder that is not a natural person, (i) the execution, delivery and performance by such Stockholder of this Agreement, and the consummation by such Stockholder of the transactions contemplated hereby, have been duly authorized by all necessary corporate, limited liability company, limited liability partnership or similar equivalent action on the part of such Stockholder and (ii) such Stockholder is duly organized, validly existing and in good standing under the applicable Law of its jurisdiction of formation. This Agreement has been duly executed and delivered by such Stockholder, and, assuming due authorization, execution and delivery by Parent and Merger Sub, this Agreement is enforceable against such Stockholder in accordance with its terms, except that such enforceability may be limited by the Bankruptcy and Equity Exception.
(b)    No Conflicts. None of the execution and delivery by such Stockholder of this Agreement, the performance by such Stockholder of its obligations hereunder or the consummation by such Stockholder of the transactions contemplated hereby will (i) require any consent or approval under, or result in a violation or breach of, any agreement to which such Stockholder is a party or by which such Stockholder may be bound, including any voting agreement or voting trust, (ii) result in the creation of any Lien on any of the assets or properties of such Stockholder, (iii) violate any applicable Law or Judgment or (iv) with respect to each Stockholder that is not a natural person, violate the organizational documents of such Stockholder, except for such consents, approvals, breaches, Liens or violations that would not, individually or in the aggregate, prevent or materially delay such Stockholder from performing his, her or its obligations under this Agreement.
4

(c)    Ownership of Covered Shares. Such Stockholder is the beneficial owner of such Stockholder’s Covered Shares. All such Stockholder’s Covered Shares are owned free and clear of any Liens other than Permitted Liens, and no Person has a right to acquire any of such securities, in each case other than pursuant to this Agreement, the Merger Agreement or the Investors’ Rights Agreement, under applicable federal or state securities laws or pursuant to any written policies of the Company only with respect to restrictions upon the trading of securities under applicable securities laws. As of the date of this Agreement, except as set forth on Schedule A, other than the Owned Shares, such Stockholder does not own beneficially or of record any (i) shares of capital stock or voting securities of the Company, (ii) securities of the Company convertible into or exchangeable for shares of capital stock or voting securities of the Company or (iii) options or other rights to acquire from the Company any capital stock, voting securities or securities convertible into or exchangeable for capital stock or voting securities of the Company.
(d)    Voting Power. Such Stockholder has the requisite voting power, power of disposition, power to issue instructions with respect to the matters set forth herein and power to agree to all of the matters set forth in this Agreement necessary to take all actions required under this Agreement, in each case with respect to all of the securities subject to this Agreement owned by such Stockholder, with no limitations, qualifications or restrictions on such rights, subject to applicable federal securities laws and those arising under the terms of this Agreement.
(e)    Reliance by Parent and Merger Sub. Such Stockholder understands and acknowledges that each of the Company, Parent and Merger Sub is entering into the Merger Agreement in reliance upon such Stockholder’s execution and delivery of this Agreement.
(f)    Consents and Approvals. The execution and delivery of this Agreement by such Stockholder does not, and the performance by such Stockholder of its obligations under this Agreement and the consummation of the transactions contemplated hereby will not, require such Stockholder to obtain any consent, approval, authorization or permit of, or to make any filing with or notification to, any Governmental Authority, except in each case for filings with the SEC or where the failure to obtain such consents, approvals, authorizations or permits, or to make such filings and notifications, would not, either individually or in the aggregate, prevent or materially delay the performance by such Stockholder of any of its obligations hereunder.
6.    Additional Covered Shares. Prior to the Termination Date, in the event that any Stockholder acquires record or beneficial ownership of, or the power to vote or direct the voting of, any additional shares of Company Common Stock or other voting interests with respect to the Company, such shares of Company Common Stock or other voting interests will, without further action of the parties, be deemed Covered Shares and subject to the provisions of this Agreement, the number of shares of Company Common Stock held by such Stockholder will be deemed amended accordingly, and such shares of Company Common Stock or voting interests will automatically become subject to the terms of this Agreement as Covered Shares.
7.    Representations and Warranties of Parent and Merger Sub. Parent and Merger Sub hereby represent and warrant to the Stockholders as follows:
5

(a)    Authority; Binding Nature. Each of Parent and Merger Sub has all requisite power and authority to (i) execute and deliver this Agreement, (ii) perform its covenants and obligations hereunder and (iii) consummate the transactions contemplated hereby to be consummated by it. The execution and delivery of this Agreement by each of Parent and Merger Sub, the performance of each of their covenants and obligations hereunder and the consummation by each of them of the transactions contemplated hereby have been duly and validly authorized by all necessary action on the part of Parent and Merger Sub, and no additional actions are necessary to authorize (A) the execution and delivery of this Agreement by Parent or Merger Sub; (B) the performance by each of Parent and Merger Sub of its covenants and obligations hereunder; or (C) the consummation of the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by Parent and Merger Sub and (assuming due authorization, execution and delivery by the Stockholders) constitutes a valid and binding obligation of Parent and Merger Sub, enforceable against Parent and Merger Sub in accordance with its terms, except that such enforceability may be limited by the Bankruptcy and Equity Exception.
(b)    No Conflicts. None of the execution and delivery by each of Parent and Merger Sub of this Agreement, the performance by each of Parent and Merger Sub of its obligations hereunder or the consummation by each of Parent and Merger Sub of the transactions contemplated hereby will (i) require any consent or approval under, or result in a violation or breach of, any agreement to which Parent or Merger Sub is a party or by which Parent or Merger Sub may be bound, including any voting agreement or voting trust, (ii) result in the creation of any Lien on any of the assets or properties of Parent or Merger Sub, (iii) violate any applicable Law or Judgment or (iv) violate the organizational documents of Parent or Merger Sub.
8.    Spousal Consent. If a Stockholder is a married individual and any of its Owned Shares constitutes community property or otherwise needs spousal or other approval for this Agreement to be legal, valid and binding, such Stockholder shall deliver to Parent, concurrently herewith, a duly executed consent of such Stockholder’s spouse, in the form attached hereto as Schedule B.
9.    [intentionally omitted]
10.    Stockholder Litigation. Each Stockholder agrees not to commence or participate in, and to take all actions necessary to opt out of any class in any class action with respect to, any claim, derivative or otherwise, that may be brought against the Company, Parent, Merger Sub or any of their respective successors and assigns relating to the negotiation, execution or delivery of this Agreement, the Merger Agreement or the consummation of the transactions contemplated hereby and thereby; provided that this Section 10 shall not be deemed a waiver of any rights of the Stockholder or its Affiliates for any breach of this Agreement or the Merger Agreement by Parent, the Company or any of their respective Affiliates.
11.    No Solicitation. Each Stockholder shall not take any action that the Company would then be prohibited from taking under Section 6.02 of the Merger Agreement. Each Stockholder shall cease immediately and cause to be terminated any solicitations, encouragements, discussions and negotiations that commenced prior to the date of this Agreement with respect to any Company Takeover Proposal, or any inquiry, expression of 
6

interest, proposal, discussions, negotiations or offer that constitutes, or could reasonably be expected to lead to, a Company Takeover Proposal.  Nothing in this Section 11 shall be construed as prohibiting, or imposing any obligation on any Stockholder with respect to, any action (other than actions taken by or on behalf of such Stockholder) that is taken by any Person that is not a Stockholder.
12.    Termination. This Agreement and all rights and obligations of the parties hereunder will terminate and have no further force or effect as of the Termination Date; provided that this Section 12 and Section 13 shall survive the termination of this Agreement. Notwithstanding the foregoing, nothing set forth in this Section 12 or elsewhere in this Agreement relieves any party hereto from liability, or otherwise limits the liability of any party hereto, for any willful and material breach of this Agreement prior to such termination.
13.    Miscellaneous.
(a)    Severability. If any term, provision, covenant or restriction of this Agreement or the application of any such provision to any person or circumstance shall be held invalid, illegal, void or unenforceable in any respect by a court of competent jurisdiction or other Governmental Authority, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated. Upon such a holding, the parties hereto agree to negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in an acceptable manner, in order that the transactions contemplated by this Agreement be consummated as originally contemplated to the fullest extent possible.
(b)    Assignment. Except in connection with a Transfer of any Covered Shares in accordance with Section 2, neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned, in whole or in part, by operation of Law or otherwise by any of the parties without the prior written consent of the other parties and any purported assignment in violation hereof shall be null and void ab initio. Subject to the preceding sentence, this Agreement shall be binding upon, inure to the benefit of and be enforceable by, the parties hereto and their respective successors and assigns.
(c)    Amendment and Modification; Waiver. This Agreement may be amended or modified only if such amendment or modification is in writing and is signed by each party to this Agreement. Any failure of any of the parties to comply with any obligation, covenant, agreement or condition in this Agreement may be waived by any of the parties entitled to the benefit thereof only by a written instrument signed by each such party granting such waiver. No failure or delay by any party in exercising any right, power or privilege hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege. The rights and remedies herein provided shall be cumulative and not exclusive of any rights or remedies provided by applicable Law or in equity.
(d)    Specific Performance. The parties agree that irreparable damage for which monetary damages, even if available, would not be an adequate remedy, would occur and that the parties would not have any adequate remedy at law in the event that any of the 
7

provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached. It is accordingly agreed that, in addition to any other remedy to which the parties are entitled at law or in equity, (i) the parties shall be entitled to an injunction or injunctions, specific performance or other equitable relief, to prevent breaches or threatened or anticipated breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement in the courts described in Section 13(h), without proof of damages or otherwise, and (ii) the right of specific performance is an integral part of the transactions contemplated hereby and without that right, none of the Company, Parent, Merger Sub or any of the Stockholders would have entered into this Agreement. Each of the parties agrees that it waives the defense of adequacy of a remedy at law and will not oppose the granting of an injunction or injunctions, specific performance or other equitable relief on the basis that (A) the other parties have an adequate remedy at law or (B) an award of an injunction, specific performance or other equitable relief is not an appropriate remedy for any reason at law or equity. The parties acknowledge and agree that any party seeking an injunction or injunctions to prevent breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement in accordance with this Section 13(d) shall not be required to provide any bond or other security in connection with any such order or injunction.
(e)    Notices. All notices or other communications required or permitted under, or otherwise given in connection with, this Agreement shall be in writing and shall be deemed to have been duly given (i) when delivered, if delivered in person, (ii) on the next Business Day if transmitted by national overnight courier (with confirmation of delivery) or (iii) on the date transmitted if sent by email (provided that no “bounce back” or similar message of non-delivery is received with respect thereto), as follows (or at such other address for a party as shall be specified by notice given in accordance with this Section 13(e)):
If to Northpond Ventures, LP, Northpond Capital, LP, SMC Growth Capital Partners II, LP, SMC Private Equity Holdings, LP, SMC Holdings II, LP or Connecticut Innovations, Incorporated:
									
		Northpond Ventures, LP
		Northpond Capital, LP
		[contact information has been redacted]
		[contact information has been redacted]
		Attention:	Patrick Smerkers, Senior Vice President, Finance and Operations
			Paul Hodgdon, General Counsel
		Email: 	[contact information has been redacted]
			[contact information has been redacted]
			
		SMC Growth Capital Partners II, LP
		SMC Private Equity Holdings, LP
		SMC Holdings II, LP
		[contact information has been redacted]
		[contact information has been redacted]
		Attention:	Gregory P. Ho, Managing Member
			Tara Sharp, General Counsel

8

									
		Email: 	[contact information has been redacted]
			[contact information has been redacted]
			
		Connecticut Innovations, Incorporated 
		[contact information has been redacted]
		[contact information has been redacted]
		Attention: 	Matthew Storeygard
		Email:	[contact information has been redacted]
			
			
	with a copy (which will not constitute notice or service of process) to:
			
		Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP
		1250 Broadway, 23rd Floor
		New York, NY 10001
		Attention:	Brian Snyder
		Email:	bsnyder@gunder.com
			
			
	If to North Sound Trading, LP, Brian P Miller and Giovanna R Miller, JTWROS, The Miller Family 2011 Trust or Brian Paul Miller:
			
		North Sound Trading, LP
		Brian P Miller and Giovanna R Miller, JTWROS
		The Miller Family 2011 Trust
		Brian Paul Miller
		[contact information has been redacted]
		[contact information has been redacted]
		[contact information has been redacted]
		Attention:	Brian Miller
		Email:	[contact information has been redacted]
			
	If to Perceptive Life Sciences Master Fund, Ltd., Perceptive Credit Holdings III, LP or PCOP EQ AIV III, LP:
			
		Perceptive Life Sciences Master Fund, Ltd.
		Perceptive Credit Holdings III, LP
		PCOP EQ AIV III, LP
		[contact information has been redacted]
		[contact information has been redacted]
		[contact information has been redacted]
		[contact information has been redacted]
		Attention:	COO
		Email:	[contact information has been redacted]

9

									
	with a copy (which will not constitute notice or service of process) to:
		
		Schulte Roth & Zabel LLP
		919 Third Avenue
		New York, NY 10022
		Attention:	Michael R. Flynn
		Email:	Michael.flynn@srz.com
			
			
	If to Rong Fan:
			
		Rong Fan
		[contact information has been redacted]
		[contact information has been redacted]
		Attention:	Rong Fan
		Email:	[contact information has been redacted]
			
			
	If to Sean Mackay:
			
		Sean Mackay
		[contact information has been redacted]
		[contact information has been redacted]
		Attention:	Sean Mackay
		Email:	[contact information has been redacted]
			
	with a copy (which will not constitute notice or service of process) to:
		
		Wiggin and Dana LLP 
		One Century Tower
		265 Church Street, 17th Floor
		New Haven, CT 06510
		Attention:	Evan S. Kipperman
		Email:	EKipperman@wiggin.com
			
			
	If to Parent or Merger Sub, to:
			
		Berkeley Lights, Inc.
		5858 Horton Street, Suite 320
		Emeryville, CA 94608
		Attention:	Scott Chaplin
		Email:	[contact information has been redacted]
			
	with a copy (which will not constitute notice or service of process) to:
			
		Freshfields Bruckhaus Deringer US LLP
		601 Lexington Avenue, 31st Floor

10

									
		New York, NY 10022
		Attention:	Damien R. Zoubek
			Oliver J. Board
		Email:	damien.zoubek@freshfields.com
			oliver.board@freshfields.com
			
			
	If to any Stockholder or to the Company, to:
			
		IsoPlexis Corporation
		35 NE Industrial Road
		Branford, CT 06405
		Attention:	Richard W. Rew II
		Email:	[contact information has been redacted]
			
	with a copy (which will not constitute notice or service of process) to:
			
		Cravath, Swaine & Moore LLP
		Worldwide Plaza
		825 Eighth Avenue
		New York, NY 10019
		Attention:	Richard Hall
			Andrew C. Elken
		Email:	rhall@cravath.com
			aelken@cravath.com

Notwithstanding anything in this Agreement to the contrary, any notice given in accordance with the foregoing clauses (i) or (ii) of this Section 13(e) shall only be effective if a duplicative copy of such notice is also given by email in the method described in this Section 13(e).
(f)    No Third Party Beneficiaries. This Agreement is not intended to confer upon any person other than the parties hereto (and their respective successors and permitted assigns) any rights (legal, equitable or otherwise) or remedies, whether as third-party beneficiaries or otherwise. 
(g)    Governing Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware applicable to contracts executed in and to be performed entirely within that State, regardless of the laws that might otherwise govern under any applicable conflict of Laws principles.
(h)    Jurisdiction. All Actions arising out of or relating to this Agreement shall be heard and determined in the Court of Chancery of the State of Delaware (or, if the Court of Chancery of the State of Delaware declines to accept jurisdiction over any Action, any state or federal court within the State of Delaware). The parties hereto hereby irrevocably (i) submit to the exclusive jurisdiction and venue of such courts in any such Action, (ii) waive the defense of an inconvenient forum or lack of jurisdiction to the maintenance of any such Action, (iii) agree to not attempt to deny or defeat such jurisdiction by motion or otherwise request for leave from any such court and (iv) agree to not bring any Action arising out of or relating to this Agreement 
11

or the Transactions in any court other than the Court of Chancery of the State of Delaware (or, if the Court of Chancery of the State of Delaware declines to accept jurisdiction over any Action, any state or federal court within the State of Delaware), except for Actions brought to enforce the judgment of any such court. The consents to jurisdiction and venue set forth in this Section 13(h) shall not constitute general consents to service of process in the State of Delaware and shall have no effect for any purpose except as provided in this paragraph and shall not be deemed to confer rights on any Person other than the parties hereto. Each party hereto agrees that service of process upon such party in any Action arising out of or relating to this Agreement shall be effective if notice is given by overnight courier at the address set forth in Section 13(e) of this Agreement. The parties hereto agree that a final judgment in any such Action shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by applicable Law; provided, however, that nothing in the foregoing shall restrict any party’s rights to seek any post-judgment relief regarding, or any appeal from, a final trial court judgment.
(i)    WAIVER OF JURY TRIAL. EACH PARTY HERETO ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE IT HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. EACH PARTY HERETO CERTIFIES AND ACKNOWLEDGES THAT (A) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, (B) IT UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF SUCH WAIVER, (C) IT MAKES SUCH WAIVER VOLUNTARILY AND (D) IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVER AND CERTIFICATIONS IN THIS SECTION 13(i).
(j)    Rules of Construction. Each of the parties hereto acknowledges that it has been represented by counsel of its choice throughout all negotiations that have preceded the execution of this Agreement, and that it has executed the same with the advice of such counsel. Each party and its counsel cooperated and participated in the drafting and preparation of this Agreement and the documents referred to in this Agreement, and any and all drafts relating thereto exchanged among the parties shall be deemed the work product of all of the parties and may not be construed against any party by reason of its drafting or preparation. Accordingly, any rule of law or any legal decision that would require interpretation of any ambiguities in this Agreement against any party that drafted or prepared it is of no application and is hereby expressly waived by each of the parties hereto.
(k)    Entire Agreement. This Agreement, taken together with the Schedules attached hereto and the Merger Agreement to the extent referenced herein, constitutes the entire agreement among the parties hereto with respect to the subject matter hereof, and supersedes all prior agreements and understandings, both written and oral, among the parties hereto with 
12

respect thereto. For the avoidance of doubt, each Stockholder agrees that it will not claim that such Stockholder or any of its Affiliates has registration or similar rights under the Investors’ Rights Agreement following the Effective Time.
(l)    Interpretation. The rules of interpretation set forth in Section 1.03 of the Merger Agreement shall apply to this Agreement, mutatis mutandis.
(m)    Expenses. Except as otherwise expressly provided in this Agreement or the Merger Agreement, all fees and expenses incurred in connection with this Agreement and the transactions contemplated hereby shall be paid by the party hereto incurring such fees or expenses.
(n)    No Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement, may only be made against, the entities that are expressly identified as parties hereto and no former, current or future equity holders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future stockholder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate of any of the foregoing shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith.
14.    Counterparts. This Agreement may be signed in any number of counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. This Agreement shall become effective when each party hereto shall have received a counterpart hereof signed by all of the other parties hereto, it being understood and agreed that all parties hereto need not sign the same counterpart. Until and unless each party has received a counterpart hereof signed by each other party hereto, this Agreement shall have no effect and no party shall have any right or obligation hereunder (whether by virtue of any other oral or written agreement or other communication). Signatures to this Agreement transmitted by electronic mail in PDF form, or by any other electronic means designed to preserve the original graphic and pictorial appearance of a document (including DocuSign), will be deemed to have the same effect as physical delivery of the paper document bearing the original signatures.
15.    Stockholder Obligations Several and Not Joint. The obligations of each Stockholder hereunder shall be several and not joint, and no Stockholder shall be liable for any breach of the terms of this Agreement by any other Stockholder. Further, Parent and Merger Sub each agrees that no Stockholder will be liable for any claims, losses, damages, liabilities or other obligations resulting from Parent or Merger Sub’s breach of the Merger Agreement.
16.    No Ownership Interest. Each Stockholder has agreed to enter into this Agreement and act in the manner specified in this Agreement for consideration. Except as expressly set forth in this Agreement, all rights and all ownership and economic benefits of and relating to a Stockholder’s Covered Shares will remain vested in and belong to such Stockholder, 
13

and nothing herein will, or will be construed to, grant Parent or Merger Sub any power, sole or shared, to direct or control the voting or disposition of any of such Covered Shares. Nothing in this Agreement will be interpreted as creating or forming a “group” with any other Person, including other holders listed on Schedule A, for purposes of Rule 13d-5(b)(1) of the Exchange Act or any other similar provision of applicable Law.
[The remainder of this page is intentionally left blank.]
14

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above.
									
	BERKELEY LIGHTS, INC.
			
			/s/ Siddhartha Kadia
	Name:	Siddhartha Kadia
	Title:		Chief Executive Officer
			
			
	ICELAND MERGER SUB INC.
			
			/s/ Scott Chaplin
	Name:	Scott Chaplin
	Title:		President

[Signature Page to Voting Agreement]

									
	ISOPLEXIS CORPORATION
			
			
			/s/ Richard W. Rew II
	Name:	Richard W. Rew II
	Title:		Senior Vice President, General 
	Counsel & Secretary

[Signature Page to Voting Agreement]

									
	NORTHPOND VENTURES, LP
			
			
			/s/ Paul Hodgdon
	Name:	Paul Hodgdon
	Title:	Authorized Signatory
			
			
			
			
	NORTHPOND CAPITAL, LP
			
			
			/s/ Paul Hodgdon
	Name:	Paul Hodgdon
	Title:	Authorized Signatory

[Signature Page to Voting Agreement]

												
	SMC Growth Capital Partners II, LP
	By:	SMC Growth Capital II GP, LLC, its 
	general partner
				
				
				/s/ Gregory P. Ho
	Name:	Gregory P. Ho
	Title:	Managing Member
				
				
				
	SMC Private Equity Holdings, LP 
	By:	SMC Private Equity Holdings G.P., LLC,
	its general partner
				
				
				/s/ Gregory P. Ho
	Name:	Gregory P. Ho
	Title:	Managing Member
				
				
				
				
	SMC Holdings II, LP
	By:	SMC Holdings II G.P., LLC, its general 
	partner
				
				
				/s/ Gregory P. Ho
	Name:	Gregory P. Ho
	Title:	Managing Member

[Signature Page to Voting Agreement]

									
	CONNECTICUT INNOVATIONS, INCORPORATED
			
			
			/s/ Matthew Storeygard
	Name:	Matthew Storeygard
	Title:	Senior Managing Director

[Signature Page to Voting Agreement]

												
	PERCEPTIVE LIFE SCIENCES 
	MASTER FUND, LTD.
				
	By:	Perceptive Advisors, LLC
				
				
	By:			/s/ James H. Mannix
	Name:	James H. Mannix
	Title:	COO
				
				
				
	PERCEPTIVE CREDIT HOLDINGS III,
	LP
				
	By:	Perceptive Credit Opportunities GP, 
	LLC, its general partner
				
				
	By:			/s/ Sandeep Dixit
	Name:	Sandeep Dixit
	Title:	Chief Credit Officer
				
				
	By:			/s/ Sam Chawla
	Name:	Sam Chawla
	Title:	Portfolio Manager

[Signature Page to Voting Agreement]

												
	PCOF EQ AIV III, LP
				
	By:	PCOF EQ AIV GP, LLC, its general 
	partner
				
				
	By:			/s/ Sandeep Dixit
	Name:	Sandeep Dixit
	Title:	Chief Credit Officer
				
				
				
	By:			/s/ Sam Chawla
	Name:	Sam Chawla
	Title:	Portfolio Manager

[Signature Page to Voting Agreement]

												
	BRIAN PAUL MILLER 
				
				
	By:			/s/ Brian P. Miller
	Name:	Brian P. Miller

[Signature Page to Voting Agreement]

												
	NORTH SOUND TRADING, LP
				
				
	By:			/s/ Brian P. Miller
	Name:	Brian P. Miller
	Title:	Authorized Signatory

[Signature Page to Voting Agreement]

												
	BRIAN P. MILLER AND GIOVANNA 
	R. MILLER, JTWROS
				
				
	By:			/s/ Brian P. Miller
	Name:	Brian P. Miller
	Title:	Authorized Signatory

[Signature Page to Voting Agreement]

												
	THE MILLER FAMILY 2011 TRUST
				
				
	By:			/s/ Giovanna R. Miller
	Name:	Giovanna R. Miller
	Title:	Authorized Signatory

[Signature Page to Voting Agreement]

												
	RONG FAN
				
				
	By:			/s/ Rong Fan
	Name:	Rong Fan

[Signature Page to Voting Agreement]

												
	SEAN MACKAY
				
				
	By:			/s/ Sean Mackay
	Name:	Sean Mackay

[Signature Page to Voting Agreement]

Schedule A
						
	Stockholder Name	Owned Shares*
	Northpond Ventures, LP	6,727,570
	Northpond Capital, LP	2,080,961
	SMC Growth Capital Partners II, LP	3,726,732
	SMC Private Equity Holdings, LP	2,270,287
	SMC Holdings II, LP	67,642
	Connecticut Innovations, Incorporated	2,731,449
	North Sound Trading, LP	1,243,987
	Brian P Miller and Giovanna R Miller, JTWROS	1,660,995
	The Miller Family 2011 Trust	549,436
	Brian Paul Miller Roth Contributory IRA	190,000
	Perceptive Life Sciences Master Fund, Ltd	3,554,587
	Perceptive Credit Holdings III, LP(1)
	335,962
	PCOF EQ AIV III, LP	204,949
	Rong Fan(2)
	981,600
	Sean Mackay(3)
	914,366

(1) In addition to the above, Perceptive Credit Holdings III, LP holds warrants exercisable for 811,374 shares of Company Common Stock.
(2) In addition to the above, Rong Fan holds options exercisable for 100,000 shares of Company Common Stock.
(3) In addition to the above, Sean Mackay holds options exercisable for 1,430,542 shares of Company Common Stock.
*If any additional shares of Company Common Stock are owned by any of the Stockholders as of the date of this Agreement, such shares shall be automatically deemed to be “Owned Shares” notwithstanding the contents of this Schedule A.

Schedule B
SPOUSAL CONSENT
The undersigned represents that the undersigned is the spouse of             and that the undersigned is familiar with the terms of the Voting Agreement (the “Agreement”), entered into as of December 21, 2022, by and among Berkeley Lights, Inc., a Delaware corporation (“Parent”), Iceland Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Parent, IsoPlexis Corporation, a Delaware corporation, the undersigned’s spouse and the other persons listed on Schedule A to the Agreement who are signatories thereto. The undersigned hereby agrees that the interest of the undersigned’s spouse in all property which is the subject of the Agreement shall be irrevocably bound by the terms of the Agreement and by any amendment, modification, waiver or termination signed by the undersigned’s spouse. The undersigned further agrees that the undersigned’s community property interest in all property which is the subject of the Agreement shall be irrevocably bound by the terms of the Agreement, and that the Agreement shall be binding on the executors, administrators, heirs and assigns of the undersigned. The undersigned further authorizes the undersigned’s spouse to amend, modify or terminate the Agreement, or waive any rights thereunder, and that each such amendment, modification, waiver or termination signed by the undersigned’s spouse shall be binding on the community property interest of the undersigned in all property which is the subject of the Agreement and on the executors, administrators, heirs and assigns of the undersigned, each as fully as if the undersigned had signed such amendment, modification, waiver or termination.
						
	Dated: December      , 2022

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00351-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00351-of-00352.parquet"}]]