Document:

Amended and Restated 2011 Equity Compensation Plan

 Exhibit 10.5 
 CANCER GENETICS, INC. 
 AMENDED AND RESTATED 

2011 EQUITY INCENTIVE PLAN 

1. Establishment and Purpose 
 The purpose of this Cancer Genetics, Inc. 2011 Equity Incentive Plan (the “Plan”) is to provide a means whereby eligible employees, officers, non-employee directors and other individual
service providers develop a sense of proprietorship and personal involvement in the development and financial success of the Company and to encourage them to devote their best efforts to the business of the Company, thereby advancing the interests
of the Company and its stockholders. The Company, by means of the Plan, seeks to retain the services of such eligible persons and to provide incentives for such persons to exert maximum efforts for the success of the Company and its Subsidiaries.

 The Plan permits the grant of Nonqualified Stock Options, Incentive Stock Options, Stock Appreciation Rights, Restricted
Stock, Restricted Stock Units, Performance Shares, Performance Units, Other Cash-Based Awards and Other Stock-Based Awards. This Plan shall become effective upon the date set forth in Section 17.1 hereof. 

2. Definitions 
 Wherever
the following capitalized terms are used in the Plan, they shall have the meanings specified below: 
 2.1
“Affiliate” means, with respect to a Person, a Person that directly or indirectly Controls, or is Controlled by, or is under common Control with, such Person. 
 2.2 “Applicable Law” means the requirements relating to the administration of equity-based awards or equity compensation plans under U.S. state corporate laws, U.S. federal and state
securities laws, the Code, any stock exchange or quotation system on which the Common Stock is listed or quoted and the applicable laws of any foreign country or jurisdiction where Awards are, or will be, granted under the Plan. 

2.3 “Award” means an award of a Stock Option, Stock Appreciation Right, Restricted Stock, Stock Unit, Performance Share,
Performance Unit, Other Cash-Based Award and Other Stock-Based Award granted under the Plan. 
 2.4 “Award
Agreement” means either (i) a written or electronic agreement entered into between the Company and a Participant setting forth the terms and conditions of an Award including any amendment or modification therefore, or (ii) a
written or electronic statement issued by the Company to a Participant describing the terms and provisions of such Award, including any amendment or modification thereof. The Committee may provide for the use of electronic, internet or other
non-paper Award Agreements, and the use of electronic, internet or other non-paper means for the acceptance thereof and actions thereunder by a Participant. Each Award Agreement shall be subject to the terms and conditions of the Plan and need not
be identical. 
 2.5 “Board” means the Board of Directors of the Company. 

2.6 “Change in Control” shall be deemed to have occurred if any one of the following events shall occur: 

(i) Any Person becomes the beneficial owner (as defined in Rule 13(d)-3 under the Exchange Act) of shares of Common Stock
representing more than fifty percent (50%) of the total number of votes that may be cast for the election of directors of the Company; 

  
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 (ii) The consummation of any merger or other business combination of the
Company, sale of all or substantially all of the Company’s assets or combination of the foregoing transactions (a “Transaction”), other than a Transaction involving only the Company and one or more of its subsidiaries, or a
Transaction immediately following which the stockholders of the Company immediately prior to the Transaction continue to have a majority of the voting power in the resulting entity; 

(iii) Within any 12-month period beginning on or after the Effective Date, the persons who were directors of the Company
immediately before the beginning of such period (the “Incumbent Directors”) shall cease (for any reason other than death) to constitute at least a majority of the Board (or the board of directors of any successor to the Company);
provided, that any director who was not a director as of the date hereof shall be deemed to be an Incumbent Director if such director was elected to the Board by, or on the recommendation of or with the approval of, at least two-thirds of the
directors who then qualified as Incumbent Directors either actually or by prior operation of the foregoing unless such election, recommendation or approval was the result of an actual or threatened election contest of the type contemplated by Rule
14a-11 promulgated under the Exchange Act or any successor provision; or 
 (iv) the stockholders of the Company
approve a plan of complete liquidation or dissolution of the Company. 
 2.7 “Code” means the Internal Revenue
Code of 1986, as amended. For purposes of this Plan, references to sections of the Code shall be deemed to include references to any applicable regulations thereunder and any successor or similar provision. 

2.8 “Committee” means the committee of the Board delegated with the authority to administer the Plan, or the full Board,
as provided in Section 3 of the Plan. With respect to any decision involving an Award intended to satisfy the requirements of Section 162(m) of the Code, the Committee shall consist of two (2) or more directors of the Company who are
“outside directors” within the meaning of Section 162(m) of the Code. With respect to any decision relating to a Reporting Person, the Committee shall consist solely of two (2) or more directors who are disinterested within the
meaning of Rule 16b-3 promulgated under the Exchange Act, as amended from time to time, or any successor provision. The Board may at any time appoint additional members to the Committee, remove and replace members of the Committee with or without
cause, and fill vacancies on the Committee however caused. 
 2.9 “Common Stock” means the Company’s
Common Stock, par value $.0001 per share. 
 2.10 “Company” means Cancer Genetics, Inc., a Delaware
corporation, and any successor thereto as provided in Section 14.8. 
 2.11 “Date of Grant” means the date
on which an Award under the Plan is granted by the Committee, or such later date as the Committee may specify to be the effective date of an Award. 
 2.12 “Disability” means a Participant being considered “disabled” within the meaning of Section 409A of the Code and Treasury Regulation 1.409A-3(i)(4), as well as any
successor regulation or interpretation. 
 2.13 “Effective Date” means the date set forth in Section 17.1
hereof. 

  
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 2.14 “Eligible Person” means any person who is an employee, officer,
director, consultant, advisor or other individual service provider of the Company or any Subsidiary, or any person who is determined by the Committee to be a prospective employee, officer, director, consultant, advisor or other individual service
provider of the Company or any Subsidiary. 
 2.15 “Exchange Act” means the Securities Exchange Act of 1934, as
amended. 
 2.16 “Fair Market Value” of a share of Common Stock shall be, as applied to a specific Date of
Grant, (i) the closing price of a share of Common Stock on the most recent date preceding such Date of Grant on which trades of the Common Stock were recorded on the principal established stock exchange or national market system on which the
Common Stock is then traded, or (ii) if the shares of Common Stock are not then traded on an established stock exchange or national market system but are then traded in an over-the-counter market, the average of the closing bid and asked prices
for the shares of Common Stock in such over-the-counter market on the most recent date preceding such Date of Grant on which such closing bid and asked prices are available on such over-the-counter market or (iii) if the shares of Common Stock
are not then listed on a national securities exchange or national market system or traded in an over-the-counter market, the price of a share of Common Stock as determined by the Committee in its discretion in a manner consistent with
Section 409A of the Code and Treasury Regulation 1.409A-1(b)(5)(iv), as well as any successor regulation or interpretation. 
 2.17 “Incentive Stock Option” means a Stock Option granted under Section 6 hereof that is intended to meet the requirements of Section 422 of the Code and the regulations
promulgated thereunder. 
 2.18 “Nonqualified Stock Option” means a Stock Option granted under Section 6
hereof that is not an Incentive Stock Option. 
 2.19 “Other Cash-Based Award” means a contractual right
granted to an Eligible Person under Section 12 hereof entitling such Eligible Person to receive a cash payment at such times, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement. 

2.20 “Other Stock-Based Award” means a contractual right granted to an Eligible Person under Section 12
representing a notional unit interest equal in value to a share of Common Stock to be paid and distributed at such times, and subject to such conditions as are set forth in the Plan and the applicable Award Agreement. 

2.21 “Participant” means any Eligible Person who holds an outstanding Award under the Plan. 

2.22 “Performance Shares” means a contractual right granted to an Eligible Person under Section 10 hereof
representing a notional unit interest equal in value to a share of Common Stock to be paid and distributed at such times, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement. 

2.23 “Performance Unit” means a contractual right granted to an Eligible Person under Section 11 hereof
representing a notional dollar interest as determined by the Committee to be paid and distributed at such times, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement. 

2.24 “Person” shall mean any individual, partnership, firm, trust, corporation, limited liability company or other
similar entity. When two (2) or more Persons act as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of Common Stock, such partnership, limited partnership, syndicate or group shall
be deemed a “Person”. 

  
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 2.25 “Plan” means the Cancer Genetics, Inc. 2011 Equity Incentive Plan, as
set forth herein and as may be amended from time to time. 
 2.26 “Reporting Person” means an officer, director
or greater than ten percent (10%) stockholder of the Company within the meaning of Rule 16a-2 under the Exchange Act, who is required to file reports pursuant to Rule 16a-3 under the Exchange Act. 

2.27 “Restricted Stock Award” means a grant of shares of Common Stock to an Eligible Person under Section 8 hereof
that are issued subject to such vesting and transfer restrictions and such other conditions as are set forth in the Plan and the applicable Award Agreement. 
 2.28 “Securities Act” means the Securities Act of 1933, as amended. 
 2.29 “Service” means a Participant’s employment or other service relationship with the Company or any Subsidiary. 

2.30 “Stock Appreciation Right” means a contractual right granted to an Eligible Person under Section 7 hereof
entitling such Eligible Person to receive a payment, upon the exercise of such right, in such amount and at such time, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement. 

2.31 “Stock Option” means a contractual right granted to an Eligible Person under Section 6 hereof to purchase
shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement. 
 2.32 “Stock Unit Award” means a contractual right granted to an Eligible Person under Section 9 hereof representing notional unit interests equal in value to a share of Common Stock
to be paid and distributed at such times, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement. 
 2.33 “Stockholders Agreement” means an agreement between a Participant and the Company as contemplated by Section 4.11. 

2.34 “Subsidiary” means an entity (whether or not a corporation) that is wholly or majority owned or controlled,
directly or indirectly, by the Company; provided, however, that with respect to Incentive Stock Options, the term “Subsidiary” shall include only an entity that qualifies under Section 424(f) of the Code as a
“subsidiary corporation” with respect to the Company. 
 3. Administration 

Section 3.1 Committee Members. The Plan shall be administered by the Committee; provided, that the entire Board may act
in lieu of the Committee on any matter. If and to the extent permitted by Applicable Law, the Committee may authorize one or more Reporting Persons (or other officers) to make Awards to Eligible Persons who are not Reporting Persons (or other
officers whom the Committee has specifically authorized to make Awards). Subject to Applicable Law and the restrictions set forth in the Plan, the Committee may delegate administrative functions to individuals who are Reporting Persons, officers, or
employees of the Company or its Subsidiaries. 
 Section 3.2 Committee Authority. The Committee shall have such
powers and authority as may be necessary or appropriate for the Committee to carry out its functions as described in the 

  
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Plan. Subject to the express limitations of the Plan, the Committee shall have authority in its discretion to determine (i) the Eligible Persons to whom, and the time or times at which,
Awards may be granted, (ii) the number of shares, units or other rights subject to each Award, (iii) the exercise, base or purchase price of an Award (if any), (iv) the time or times at which an Award will become vested, exercisable
or payable, (v) the performance criteria, performance goals and other conditions of an Award, (vi) the duration of the Award and (vii) all other terms of the Award. Subject to the terms of the Plan, the Committee shall have the
authority to amend the terms of an Award in any manner that is not inconsistent with the Plan (including to extend the post-termination exercisability period of Stock Options and Stock Appreciation Rights), provided that no such action shall
adversely affect the rights of a Participant with respect to an outstanding Award without the Participant’s consent. The Committee shall also have discretionary authority to interpret the Plan, to make all factual determinations under the Plan,
and to make all other determinations necessary or advisable for Plan administration, including, without limitation, to correct any defect, to supply any omission or to reconcile any inconsistency in the Plan or any Award Agreement hereunder. The
Committee may prescribe, amend, and rescind rules and regulations relating to the Plan. The Committee’s determinations under the Plan need not be uniform and may be made by the Committee selectively among Participants and Eligible Persons,
whether or not such persons are similarly situated. The Committee shall, in its discretion, consider such factors as it deems relevant in making its interpretations, determinations and actions under the Plan including, without limitation, the
recommendations or advice of any officer or employee of the Company or such attorneys, consultants, accountants or other advisors as it may select. All interpretations, determinations, and actions by the Committee shall be final, conclusive, and
binding upon all parties. 
 Section 3.3 Repricing. Notwithstanding anything to the contrary herein, the Committee
may, in its sole discretion, reprice any Award without the approval of the stockholders of the Company. For this purpose, “reprice” means (i) any of the following or any other action that has the same effect: (A) lowering the
exercise price of any Award after it is granted, (B) any other action that is treated as a repricing under U.S. generally accepted accounting principles (“GAAP”), or (C) cancelling an Award at a time when its exercise
price exceeds the Fair Market Value of the underlying capital stock, in exchange for another Award, unless that cancellation and exchange occurs in connection with a merger, acquisition, spin-off or other similar transaction; and (ii) any other
action that is considered to be a repricing under formal or informal guidance by The NASDAQ Stock Market. 
 Section 3.4
No Liability; Indemnification. Neither the Board nor any Committee member, nor any Person acting at the direction of the Board or the Committee, shall be liable for any act, omission, interpretation, construction or determination made in good
faith with respect to the Plan, any Award or any Award Agreement. The Company and its Subsidiaries shall pay or reimburse any member of the Committee, as well as any other Person who takes action on behalf of the Plan, for all reasonable expenses
incurred with respect to the Plan, and to the full extent allowable under Applicable Law shall indemnify each and every one of them for any claims, liabilities, and costs (including reasonable attorney’s fees) arising out of their good faith
performance of duties on behalf of the Company with respect to the Plan. The Company and its Subsidiaries may, but shall not be required to, obtain liability insurance for this purpose. 
 4. Shares Subject to the Plan 
 Section 4.1 Share Limitation.
Subject to adjustment pursuant to Section 4.2 hereof, the maximum aggregate number of shares of Common Stock which may be issued under all Awards granted to Participants under the Plan shall be seven hundred fifty thousand
(750,000) shares, all of which may, but need not, be issued in respect of Incentive Stock Options. Shares of Common 

  
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Stock issued under the Plan may be either authorized but unissued shares or shares held in the Company’s treasury. Any shares of Common Stock subject to Awards that are settled in Common
Stock shall be counted against the maximum share limitations of this Section 4.1 as one share of Common Stock for every share of Common Stock subject thereto, regardless of the number of shares of Common Stock actually issued to settle the
Stock Option or Stock Appreciation Right upon exercise. To the extent that any Award under the Plan payable in shares of Common Stock is forfeited, cancelled, returned to the Company for failure to satisfy vesting requirements or upon the occurrence
of other forfeiture events, or otherwise terminates without payment being made thereunder, the shares of Common Stock covered thereby will no longer be counted against the foregoing maximum share limitations and may again be made subject to Awards
under the Plan pursuant to such limitations. 
 Section 4.2 Adjustments. If there shall occur any change with
respect to the outstanding shares of Common Stock by reason of any recapitalization, reclassification, stock dividend, extraordinary dividend, stock split, reverse stock split, or other distribution with respect to the shares of Common Stock, or any
merger, reorganization, consolidation, combination, spin-off or other similar corporate change, or any other change affecting the Common Stock, the Committee shall, in the manner and to the extent that it deems appropriate and equitable to the
Participants and consistent with the terms of the Plan, cause an adjustment to be made in (i) the maximum numbers and kind of shares provided in Section 4.1 hereof, (ii) the numbers and kind of shares of Common Stock, units, or other
rights subject to then outstanding Awards, (iii) the price for each share or unit or other right subject to then outstanding Awards, (iv) the performance measures or goals relating to the vesting of an Award and (v) any other terms of
an Award that are affected by the event to prevent dilution or enlargement of a Participant’s rights under an Award. Notwithstanding the foregoing, in the case of Incentive Stock Options, any such adjustments shall, to the extent practicable,
be made in a manner consistent with the requirements of Section 424(a) of the Code. 
 5. Participation and Awards 

Section 5.1 Designation of Participants. All Eligible Persons are eligible to be designated by the Committee to receive Awards
and become Participants under the Plan. The Committee has the authority, in its discretion, to determine and designate from time to time those Eligible Persons who are to be granted Awards, the types of Awards to be granted and the number of shares
of Common Stock or units subject to Awards granted under the Plan. In selecting Eligible Persons to be Participants and in determining the type and amount of Awards to be granted under the Plan, the Committee shall consider any and all factors that
it deems relevant or appropriate. 
 Section 5.2 Determination of Awards. The Committee shall determine the terms
and conditions of all Awards granted to Participants in accordance with its authority under Section 3.2 hereof. An Award may consist of one type of right or benefit hereunder or of two or more such rights or benefits granted in tandem or in the
alternative. To the extent deemed appropriate by the Committee, an Award shall be evidenced by an Award Agreement as described in Section 11.1 hereof. 
 Section 5.3 Limitation. No one Person may receive Stock Options or separately exercisable Stock Appreciation Rights for more than two hundred fifty thousand (250,000) shares of Common
Stock in any calendar year, subject to adjustment pursuant to Section 4.2 above. 

  
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 6. Stock Options 
 Section 6.1 Grant of Stock Option. A Stock Option may be granted to any Eligible Person selected by the Committee. Subject to the provisions of Section 6.6 hereof and Section 422 of
the Code, each Stock Option shall be designated, in the discretion of the Committee, as an Incentive Stock Option or as a Nonqualified Stock Option. 
 Section 6.2 Exercise Price. The exercise price per share of a Stock Option shall not be less than one hundred percent (100%) of the Fair Market Value of a share of Common Stock on the
Date of Grant, subject to adjustments as provided for under Section 4.2, provided that the Committee may in its discretion specify for any Stock Option an exercise price per share that is higher than the Fair Market Value on the Date of Grant.

 Section 6.3 Vesting of Stock Options. The Committee shall in its discretion prescribe the time or times at which,
or the conditions upon which, a Stock Option or portion thereof shall become vested and/or exercisable. The requirements for vesting and exercisability of a Stock Option may be based on the continued Service of the Participant with the Company or a
Subsidiary for a specified time period (or periods) or on the attainment of a specified performance goal (or goals) established by the Committee in its discretion. The Committee may, in its discretion, accelerate the vesting or exercisability of any
Stock Option at any time. The Committee in its sole discretion may allow a Participant to exercise unvested Nonqualified Stock Options, in which case the shares of Common Stock then issued shall be Restricted Stock having analogous vesting
restrictions to the unvested Nonqualified Stock Options. 
 Section 6.4 Term of Stock Options. The Committee shall
in its discretion prescribe in an Award Agreement the period during which a vested Stock Option may be exercised, provided that the maximum term of a Stock Option shall be ten (10) years from the Date of Grant. A Stock Option may be earlier
terminated as specified by the Committee and set forth in an Award Agreement upon or following the termination of a Participant’s Service with the Company or any Subsidiary, including by reason of voluntary resignation, death, Disability,
termination for cause or any other reason. Except as otherwise provided in this Section 6 or in an Award Agreement as such agreement may be amended from time to time upon authorization of the Committee, no Stock Option may be exercised at any
time during the term thereof unless the Participant is then in the Service of the Company or one of its Subsidiaries. 

Section 6.5 Stock Option Exercise; Tax Withholding. Subject to such terms and conditions as shall be specified in an Award
Agreement, a Stock Option may be exercised in whole or in part at any time during the term thereof by notice in the form required by the Company, and payment of the aggregate exercise price by certified or bank check, or such other means as the
Committee may accept. As set forth in an Award Agreement or otherwise determined by the Committee, in its sole discretion, at or after grant, payment in full or in part of the exercise price of an Option may be made: (i) in the form of shares
of Common Stock that have been held by the Participant for such period as the Committee may deem appropriate for accounting purposes or otherwise, valued at the Fair Market Value of such shares on the date of exercise; (ii) by surrendering to
the Company shares of Common Stock otherwise receivable on exercise of the Option; (iii) by a cashless exercise program implemented by the Committee in connection with the Plan; and/or (iv) by such other method as may be approved by the
Committee and set forth in an Award Agreement. Subject to any governing rules or regulations, as soon as practicable after receipt of written notification of exercise and full payment of the exercise price and satisfaction of any applicable tax
withholding pursuant to Section 15.5, the Company shall deliver to the Participant evidence of book entry shares of Common Stock, or upon the Participant’s request, Common Stock certificates in an appropriate amount based upon the number
of shares of Common Stock purchased under the Option. Unless otherwise determined by the Committee, all payments under all of the methods indicated above shall be paid in United States dollars or shares of Common Stock, as applicable. 

  
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 Section 6.6 Additional Rules for Incentive Stock Options. 

(a) Eligibility. An Incentive Stock Option may only be granted to an Eligible Person who is considered an employee
under Treasury Regulation Section 1.421-7(h) of the Company or any Subsidiary. 
 (b) Annual Limits.
No Incentive Stock Option shall be granted to an Eligible Person as a result of which the aggregate Fair Market Value (determined as of the Date of Grant) of the stock with respect to which Incentive Stock Options are exercisable for the first time
in any calendar year under the Plan and any other stock option plans of the Company or any Subsidiary would exceed one hundred thousand dollars ($100,000), determined in accordance with Section 422(d) of the Code. This limitation shall be
applied by taking Incentive Stock Options into account in the order in which granted. 
 (c) Ten Percent
(10%) Stockholders. If a Stock Option granted under the Plan is intended to be an Incentive Stock Option, and if the Participant, at the time of grant, owns stock possessing ten percent (10%) or more of the total combined voting power
of all classes of Common Stock of the Company or any Subsidiary, then (A) the Stock Option exercise price per share shall in no event be less than 110% (one hundred ten percent) of the Fair Market Value of the Common Stock on the date of such
grant and (B) such Stock Option shall not be exercisable after the expiration of five (5) years following the date such Stock Option is granted. 
 (d) Disqualifying Dispositions. If shares of Common Stock acquired by exercise of an Incentive Stock Option are disposed of within two (2) years following the Date of Grant or one
(1) year following the transfer of such shares to the Participant upon exercise, the Participant shall, promptly following such disposition, notify the Company in writing of the date and terms of such disposition and provide such other
information regarding the disposition as the Company may reasonably require. 
 7. Stock Appreciation Rights 

Section 7.1 Grant of Stock Appreciation Rights. A Stock Appreciation Right may be granted to any Eligible Person selected by
the Committee. Stock Appreciation Rights may be granted on a basis that allows for the exercise of the right by the Participant or that provides for the automatic payment of the right upon a specified date or event. 

Section 7.2 Base Price. The base price of a Stock Appreciation Right shall be determined by the Committee in its sole
discretion; provided, however, that the base price for any grant of a Stock Appreciation Right shall not be less than one hundred percent (100%) of the Fair Market Value of a share of Common Stock on the Date of Grant, subject to
adjustments as provided for under Section 4.2. 
 Section 7.3 Vesting Stock Appreciation Rights. The Committee
shall in its discretion prescribe the time or times at which, or the conditions upon which, a Stock Appreciation Right or portion thereof shall become vested and/or exercisable. The requirements for vesting and exercisability of a Stock Appreciation
Right may be based on the continued Service of a Participant with the Company or a Subsidiary for a specified time period (or periods) or on the attainment of a specified performance goal (or goals) established by the Committee in its discretion.
The Committee may, in its discretion, accelerate the vesting or exercisability of any Stock Appreciation Right at any time. 

  
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 Section 7.4 Term of Stock Appreciation Rights. The Committee shall in its
discretion prescribe in an Award Agreement the period during which a vested Stock Appreciation Right may be exercised, provided that the maximum term of a Stock Appreciation Right shall be ten (10) years from the Date of Grant. A Stock
Appreciation Right may be earlier terminated as specified by the Committee and set forth in an Award Agreement upon or following the termination of a Participant’s Service with the Company or any Subsidiary, including by reason of voluntary
resignation, death, Disability, termination for cause or any other reason. Except as otherwise provided in this Section 7 or in an Award Agreement as such agreement may be amended from time to time upon authorization of the Committee, no Stock
Appreciation Right may be exercised at any time during the term thereof unless the Participant is then in the Service of the Company or one of its Subsidiaries. 
 Section 7.5 Payment of Stock Appreciation Rights. Subject to such terms and conditions as shall be specified in an Award Agreement, a vested Stock Appreciation Right may be exercised in whole
or in part at any time during the term thereof by notice in the form required by the Company and payment of any exercise price. Upon the exercise of a Stock Appreciation Right and payment of any applicable exercise price, a Participant shall be
entitled to receive an amount determined by multiplying: (i) the excess of the Fair Market Value of a share of Common Stock on the date of exercise of the Stock Appreciation Right over the base price of such Stock Appreciation Right, by
(ii) the number of shares as to which such Stock Appreciation Right is exercised. Payment of the amount determined under the immediately preceding sentence may be made, as approved by the Committee and set forth in the Award Agreement, in
shares of Common Stock valued at their Fair Market Value on the date of exercise, in cash, or in a combination of shares of Common Stock and cash, subject to applicable tax withholding requirements set forth in Section 15.5. If Stock
Appreciation Rights are settled in shares of Common Stock, then as soon as practicable following the date of settlement the Company shall deliver to the Participant evidence of book entry shares of Common Stock, or upon the Participant’s
request, Common Stock certificates in an appropriate amount. 
 8. Restricted Stock Awards 

Section 8.1 Grant of Restricted Stock Awards. A Restricted Stock Award may be granted to any Eligible Person selected by the
Committee. The Committee may require the payment by the Participant of a specified purchase price in connection with any Restricted Stock Award. The Committee may provide in an Award Agreement for the payment of dividends and distributions to the
Participant at such times as paid to stockholders generally or at the times of vesting or other payment of the Restricted Stock Award. The Committee may also subject the grant of any Restricted Stock Award to the execution of a voting agreement with
the Company or with any Affiliate of the Company. 
 Section 8.2 Vesting Requirements. The restrictions imposed on
shares of Common Stock granted under a Restricted Stock Award shall lapse in accordance with the vesting requirements specified by the Committee in the Award Agreement. Upon vesting of a Restricted Stock Award, such Award shall be subject to the tax
withholding requirement set forth in Section 15.5. The requirements for vesting of a Restricted Stock Award may be based on the continued Service of the Participant with the Company or its Subsidiaries for a specified time period (or periods)
or on the attainment of a specified performance goal (or goals) established by the Committee in its discretion. The Committee may, in its discretion, accelerate the vesting of a Restricted Stock Award at any time. If the vesting requirements of a
Restricted Stock Award shall not be satisfied, the Award shall be forfeited and the shares of Common Stock subject to the Award shall be returned to the Company. In the event that the Participant paid any purchase price with respect to such
forfeited shares, unless otherwise provided by the Committee in an Award Agreement, the Company will refund to the Participant the lesser of (i) such purchase price and (ii) the Fair Market Value of such shares on the date of forfeiture.

  
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 Section 8.3 Restrictions. Shares granted under any Restricted Stock Award may
not be transferred, assigned or subject to any encumbrance, pledge, or charge until all applicable restrictions are removed or have expired, unless otherwise allowed by the Committee. The Committee may require in an Award Agreement that certificates
representing the shares granted under a Restricted Stock Award bear a legend making appropriate reference to the restrictions imposed, and that certificates representing the shares granted or sold under a Restricted Stock Award will remain in the
physical custody of an escrow holder until all restrictions are removed or have expired. 
 Section 8.4 Rights as
Stockholder. Subject to the foregoing provisions of this Section 8 and the applicable Award Agreement, the Participant shall have all rights of a stockholder with respect to the shares granted to the Participant under a Restricted Stock
Award, including the right to vote the shares and receive all dividends and other distributions paid or made with respect thereto, unless the Committee determines otherwise at the time the Restricted Stock Award is granted. 

Section 8.5 Section 83(b) Election. If a Participant makes an election pursuant to Section 83(b) of the Code with
respect to a Restricted Stock Award, the Participant shall file, within thirty (30) days following the Date of Grant, a copy of such election with the Company (directed to the Secretary thereof) and with the Internal Revenue Service, in
accordance with the regulations under Section 83 of the Code. The Committee may provide in an Award Agreement that the Restricted Stock Award is conditioned upon the Participant’s making or refraining from making an election with respect
to the Award under Section 83(b) of the Code. 
 9. Stock Unit Awards 

Section 9.1 Grant of Stock Unit Awards. A Stock Unit Award may be granted to any Eligible Person selected by the Committee.
The value of each stock unit under a Stock Unit Award is equal to the Fair Market Value of the Common Stock on the applicable date or time period of determination, as specified by the Committee. A Stock Unit Award shall be subject to such
restrictions and conditions as the Committee shall determine. A Stock Unit Award may be granted together with a dividend equivalent right with respect to the shares of Common Stock subject to the Award, which may be accumulated and may be deemed
reinvested in additional stock units, as determined by the Committee in its discretion. 
 Section 9.2 Vesting of Stock
Unit Awards. On the Date of Grant, the Committee shall, in its discretion, determine any vesting requirements with respect to a Stock Unit Award, which shall be set forth in the Award Agreement. The requirements for vesting of a Stock Unit Award
may be based on the continued Service of the Participant with the Company or its Subsidiaries for a specified time period (or periods) or on the attainment of a specified performance goal (or goals) established by the Committee in its discretion.
The Committee may, in its discretion, accelerate the vesting of a Stock Unit Award at any time. A Stock Unit Award may also be granted on a fully vested basis, with a deferred payment date as may be determined by the Committee or elected by the
Participant in accordance with rules established by the Committee. 
 Section 9.3 Payment of Stock Unit Awards. A
Stock Unit Award shall become payable to a Participant at the time or times determined by the Committee and set forth in the Award Agreement, which may be upon or following the vesting of the Award. Payment of a Stock Unit Award may be made, at the
discretion of the Committee, in cash or in shares of Common Stock, 

  
 -10-

 
or in a combination thereof, subject to applicable tax withholding requirements set forth in Section 12.5. Any cash payment of a Stock Unit Award shall be made based upon the Fair Market
Value of the Common Stock, determined on such date or over such time period as determined by the Committee. If Stock Unit Awards are settled in shares of Common Stock, then as soon as practicable following the date of settlement, the Company shall
deliver to the Participant evidence of book entry shares of Common Stock, or upon the Participant’s request, Common Stock certificates in an appropriate amount. 
 10. Performance Shares 
 Section 10.1 Grant of Performance
Shares. Performance Shares may be granted to any Eligible Person selected by the Committee. A Performance Share Award shall be subject to such restrictions and condition as the Committee shall specify. A Performance Share Award may be granted
with a dividend equivalent right with respect to the shares of Common Stock subject to the Award, which may be accumulated and may be deemed reinvested in additional stock units, as determined by the Committee in its discretion. 

Section 10.2 Value of Performance Shares. Each Performance Share shall have an initial value equal to the Fair Market Value
of a Share on the Grant Date. The Committee shall set performance goals in its discretion that, depending on the extent to which they are met over a specified time period, shall determine the number of Performance Shares that shall be paid to a
Participant. 
 Section 10.3 Earning of Performance Shares. After the applicable time period has ended, the number
of Performance Shares earned by the Participant over such time period shall be determined as a function of the extent to which the applicable corresponding performance goals have been achieved. This determination shall be made solely by the
Committee. The Committee may, in its discretion, waive any performance or vesting conditions relating to a Performance Share Award. 
 Section 10.4 Form and Timing of Payment of Performance Shares. The Committee shall pay at the close of the applicable Performance Period, or as soon as practicable thereafter, any earned
Performance Shares in the form of cash or in shares of Common Stock or in a combination thereof, as specified in a Participant’s Award Agreement, subject to applicable tax withholding requirements set forth in Section 15.5. Any shares of
Common Stock paid to a Participant under this Section 10.4 may be subject to any restrictions deemed appropriate by the Committee. If Performance Shares are settled in shares of Common Stock, then as soon as practicable following the date of
settlement the Company shall deliver to the Participant evidence of book entry shares of Common Stock, or upon the Participant’s request, Common Stock certificates in an appropriate amount. 

11. Performance Units 

Section 11.1 Grant of Performance Units. Performance Units may be granted to any Eligible Person selected by the Committee. A
Performance Unit Award shall be subject to such restrictions and condition as the Committee shall specify. 
 Section 11.2
Value of Performance Units. Each Performance Unit shall have an initial notional value equal to a dollar amount determined by the Committee, in its sole discretion. The Committee shall set performance goals in its discretion that, depending
on the extent to which they are met over a specified time period, will determine the number of Performance Units that shall be settled and paid to the Participant. 

  
 -11-

 Section 11.3 Earning of Performance Units. After the applicable time period has
ended, the number of Performance Units earned by the Participant, and the amount payable in cash, in shares or in a combination thereof, over such time period shall be determined as a function of the extent to which the applicable corresponding
performance goals have been achieved. This determination shall be made solely by the Committee. The Committee may, in its discretion, waive any performance or vesting conditions relating to a Performance Unit Award. 

Section 11.4 Form and Timing of Payment of Performance Units. The Committee shall pay at the close of the applicable
Performance Period, or as soon as practicable thereafter, any earned Performance Units in the form of cash or in shares of Common Stock or in a combination thereof, as specified in a Participant’s Award Agreement, subject to applicable tax
withholding requirements set forth in Section 15.5. Any shares of Common Stock paid to a Participant under this Section 11.4 may be subject to any restrictions deemed appropriate by the Committee. If Performance Units are settled in shares
of Common Stock, then as soon as practicable following the date of settlement the Company shall deliver to the Participant evidence of book entry shares of Common Stock, or upon the Participant’s request, Common Stock certificates in an
appropriate amount. 
 12. Other Cash-Based Awards and Other Stock-Based Awards 

Section 12.1 Other Cash-Based and Stock-Based Awards. The Committee may grant other types of equity-based or equity-related
Awards not otherwise described by the terms of this Plan (including the grant or offer for sale of unrestricted Shares) in such amounts and subject to such terms and conditions, as the Committee shall determine. Such Awards may involve the transfer
of actual shares of Common Stock to a Participant, or payment in cash or otherwise of amounts based on the value of shares of Common Stock. In addition, the Committee, at any time and from time to time, may grant Cash-Based Awards to a Participant
in such amounts and upon such terms as the Committee shall determine, in its sole discretion. 
 Section 12.2 Value of
Cash-Based Awards and Other Stock-Based Awards. Each Other Stock-Based Award shall be expressed in terms of shares of Common Stock or units based on shares of Common Stock, as determined by the Committee, in its sole discretion. Each Other
Cash-Based Award shall specify a payment amount or payment range as determined by the Committee, in its sole discretion. If the Committee exercises its discretion to establish performance goals, the value of Other Cash-Based Awards that shall be
paid to the Participant will depend on the extent to which such performance goals are met. 
 Section 12.3 Payment of
Cash-Based Awards and Other Stock-Based Awards. Payment, if any, with respect to Other Cash-Based Awards and Other Stock-Based Award shall be made in accordance with the terms of the Award, in cash or Shares as the Committee determines.

 13. Change in Control 
 Section 13.1 Effect of Change in Control. The Committee may, at the time of the grant of an Award and as set forth in an Award Agreement, provide for the effect of a “Change in
Control” on an Award. Such provisions may include any one or more of the following: (i) the acceleration or extension of time periods for purposes of exercising, vesting in, or realizing gain from any Award; (ii) the elimination or
modification of performance or other conditions related to the payment or other rights under an Award; (iii) provision for the cash settlement of an Award for an equivalent cash value, as determined by the Committee; or (iv) such other
modification or adjustment to an Award as the Committee deems appropriate to maintain and protect the rights and interests of Participants upon or following a Change in Control. To the extent necessary for compliance with Section 409A of the
Code, an Award Agreement shall provide that an Award 

  
 -12-

 
subject to the requirements of Section 409A that would otherwise become payable upon a Change in Control shall only become payable to the extent that the requirements for a “change in
control” for purposes of Section 409A have been satisfied. 
 Notwithstanding anything to the contrary set forth in
the Plan, unless otherwise provided by an Award Agreement, upon or in anticipation of any Change in Control, the Committee may, in its sole and absolute discretion and without the need for the consent of any Participant, take one or more of the
following actions contingent upon the occurrence of that Change in Control: (i) cause any or all outstanding Options and Stock Appreciation Rights held by Participants affected by the Change in Control to become vested and immediately
exercisable, in whole or in part; (ii) cause any or all outstanding Restricted Stock, Stock Units, Performance Shares, Performance Units and any other Award held by Participants affected by the Change in Control to become non-forfeitable, in
whole or in part; (iii) cancel any Option or Stock Appreciation Right in exchange for a substitute option in a manner consistent with the requirements of Treasury Regulation. Section 1.424-1(a) (notwithstanding the fact that the original
Option may never have been intended to satisfy the requirements for treatment as an Incentive Stock Option); (iv) cancel any Restricted Stock, Stock Units, Performance Shares or Performance Units held by a Participant in exchange for restricted
stock or performance shares of or stock or performance units in respect of the capital stock of any successor corporation; (v) redeem any Restricted Stock held by a Participant affected by the Change in Control for cash and/or other substitute
consideration with a value equal to the Fair Market Value of an unrestricted share of Common Stock on the date of the Change in Control; (vi) cancel any Option or Stock Appreciation Right held by a Participant affected by the Change in Control
in exchange for cash and/or other substitute consideration with a value equal to (A) the number of shares of Common Stock subject to that Option or Stock Appreciation Right, multiplied by (B) the difference, if any, between the Fair Market
Value per share of Common Stock on the date of the Change in Control and the exercise price of that Option or Stock Appreciation Right; provided, that if the Fair Market Value per share of Common Stock on the date of the Change in Control
does not exceed the exercise price of any such Option or Stock Appreciation Right, the Committee may cancel that Option or Stock Appreciation Right without any payment of consideration therefor; (vii) cancel any Stock Unit or Performance Unit
held by a Participant affected by the Change in Control in exchange for cash and/or other substitute consideration with a value equal to the Fair Market Value per share of Common Stock on the date of the Change in Control (provided that such
cancelation and exchange does not violate Section 409A of the Code); or (viii) make such other modifications, adjustments or amendments to outstanding Awards or this Plan as the Committee deems necessary or appropriate. 

14. General Provisions 

Section 14.1 Award Agreement. To the extent deemed necessary by the Committee, an Award under the Plan shall be evidenced by
an Award Agreement in a written or electronic form approved by the Committee setting forth the number of shares of Common Stock or units subject to the Award, the exercise price, base price, or purchase price of the Award, the time or times at which
an Award will become vested, exercisable or payable and the term of the Award. The Award Agreement may also set forth the effect on an Award of termination of Service under certain circumstances. The Award Agreement shall be subject to and
incorporate, by reference or otherwise, all of the applicable terms and conditions of the Plan, and may also set forth other terms and conditions applicable to the Award as determined by the Committee consistent with the limitations of the Plan.
Award Agreements evidencing Incentive Stock Options shall contain such terms and conditions as may be necessary to meet the applicable provisions of Section 422 of the Code. The grant of an Award under the Plan shall not confer any rights upon
the Participant holding such Award other than such terms, and subject to such conditions, as are specified in the Plan as being applicable to such type of Award (or to all Awards) or as are expressly set forth in the Award Agreement. 

  
 -13-

 Section 14.2 Forfeiture Events/Representations. The Committee may specify in an
Award Agreement at the time of the Award that the Participant’s rights, payments and benefits with respect to an Award shall be subject to reduction, cancellation, forfeiture or recoupment upon the occurrence of certain specified events, in
addition to any otherwise applicable vesting or performance conditions of an Award. Such events shall include, but shall not be limited to, termination of Service for cause, violation of material Company policies, breach of noncompetition,
confidentiality or other restrictive covenants that may apply to the Participant, or other conduct by the Participant that is detrimental to the business or reputation of the Company. The Committee may also specify in an Award Agreement that the
Participant’s rights, payments and benefits with respect to an Award shall be conditioned upon the Participant making a representation regarding compliance with noncompetition, confidentiality or other restrictive covenants that may apply to
the Participant and providing that the Participant’s rights, payments and benefits with respect to an Award shall be subject to reduction, cancellation, forfeiture or recoupment on account of a breach of such representation. 

Section 14.3 No Assignment or Transfer; Beneficiaries. 

(a) Awards under the Plan shall not be assignable or transferable by the Participant, except by will or by the laws of
descent and distribution, and shall not be subject in any manner to assignment, alienation, pledge, encumbrance or charge. Notwithstanding the foregoing, the Committee may provide in an Award Agreement that the Participant shall have the right to
designate a beneficiary or beneficiaries who shall be entitled to any rights, payments or other benefits specified under an Award following the Participant’s death. During the lifetime of a Participant, an Award shall be exercised only by such
Participant or such Participant’s guardian or legal representative. In the event of a Participant’s death, an Award may, to the extent permitted by the Award Agreement, be exercised by the Participant’s beneficiary as designated by
the Participant in the manner prescribed by the Committee or, in the absence of an authorized beneficiary designation, by the legatee of such Award under the Participant’s will or by the Participant’s estate in accordance with the
Participant’s will or the laws of descent and distribution, in each case in the same manner and to the same extent that such Award was exercisable by the Participant on the date of the Participant’s death. 

(b) Limited Transferability Rights. Notwithstanding anything else in this Section 14.3 to the contrary, the
Committee may in its discretion provide in an Award Agreement that an Award in the form of a Nonqualified Stock Option, share-settled Stock Appreciation Right, Restricted Stock, Performance Share or share-settled Other Stock-Based Award may be
transferred, on such terms and conditions as the Committee deems appropriate, either (i) by instrument to the Participant’s “Immediate Family” (as defined below), (ii) by instrument to an inter vivos or testamentary trust
(or other entity) in which the Award is to be passed to the Participant’s designated beneficiaries or (iii) by gift to charitable institutions. Any transferee of the Participant’s rights shall succeed and be subject to all of the
terms of the applicable Award Agreement and the Plan. “Immediate Family” means any child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son-in-law,
daughter-in-law, brother-in-law or sister-in-law, and shall include adoptive relationships. 
 Section 14.4 Rights as
Stockholder. A Participant shall have no rights as a holder of shares of Common Stock with respect to any unissued securities covered by an Award until the date the Participant becomes the holder of record of such securities. Except as provided
in Section 4.2 

  
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hereof, no adjustment or other provision shall be made for dividends or other stockholder rights, except to the extent that the Award Agreement provides for dividend payments or dividend
equivalent rights. 
 Section 14.5 Employment or Service. Nothing in the Plan, in the grant of any Award or in any
Award Agreement shall confer upon any Eligible Person or Participant any right to continue in the Service of the Company or any of its Subsidiaries, or interfere in any way with the right of the Company or any of its Subsidiaries to terminate the
employment or other service relationship of an Eligible Person or Participant for any reason at any time. 
 Section 14.6
Fractional Shares. In the case of any fractional share or unit resulting from the grant, vesting, payment or crediting of dividends or dividend equivalents under an Award, the Committee shall have the discretionary authority to
(i) disregard such fractional share or unit, (ii) round such fractional share or unit to the nearest lower or higher whole share or unit, or (iii) convert such fractional share or unit into a right to receive a cash payment.

 Section 14.7 Other Compensation and Benefit Plans. The amount of any compensation deemed to be received by a
Participant pursuant to an Award shall not constitute includable compensation for purposes of determining the amount of benefits to which a Participant is entitled under any other compensation or benefit plan or program of the Company or any
Subsidiary, including, without limitation, under any bonus, pension, profit-sharing, life insurance, salary continuation or severance benefits plan, except to the extent specifically provided by the terms of any such plan. 

Section 14.8 Plan Binding on Transferees. The Plan shall be binding upon the Company, its transferees and assigns, and the
Participant, the Participant’s executor, administrator and permitted transferees and beneficiaries. In addition, all obligations of the Company under this Plan with respect to Awards granted hereunder shall be binding on any successor to the
Company, whether the existence of such successor is the result of a direct or indirect purchase, merger, consolidation, or otherwise, of all or substantially all of the business and/or assets of the Company. 

Section 14.9 Foreign Jurisdictions. The Committee may adopt, amend and terminate such arrangements and grant such Awards, not
inconsistent with the intent of the Plan, as it may deem necessary or desirable to comply with any tax, securities, regulatory or other laws of other jurisdictions with respect to Awards that may be subject to such laws. The terms and conditions of
such Awards may vary from the terms and conditions that would otherwise be required by the Plan solely to the extent the Committee deems necessary for such purpose. Moreover, the Board may approve such supplements to or amendments, restatements or
alternative versions of the Plan, not inconsistent with the intent of the Plan, as it may consider necessary or appropriate for such purposes, without thereby affecting the terms of the Plan as in effect for any other purpose. 

Section 14.10 Substitute Awards in Corporate Transactions. Nothing contained in the Plan shall be construed to limit the
right of the Committee to grant Awards under the Plan in connection with the acquisition, whether by purchase, merger, consolidation or other corporate transaction, of the business or assets of any corporation or other entity. Without limiting the
foregoing, the Committee may grant Awards under the Plan to an employee or director of another corporation who becomes an Eligible Person by reason of any such corporate transaction in substitution for awards previously granted by such corporation
or entity to such person. The terms and conditions of the substitute Awards may vary from the terms and conditions that would otherwise be required by the Plan solely to the extent the Committee deems necessary for such purpose. Any shares of Common
Stock subject to these substitute Awards shall not be counted against any of the maximum share limitations set forth in the Plan. 

  
 -15-

 15. Legal Compliance 
 Section 15.1 Securities Laws. No shares of Common Stock will be issued or transferred pursuant to an Award unless and until all then applicable requirements imposed by federal and state
securities and other laws, rules and regulations and by any regulatory agencies having jurisdiction, and by any exchanges upon which the shares of Common Stock may be listed, have been fully met. As a condition precedent to the issuance of shares
pursuant to the grant or exercise of an Award, the Company may require the Participant to take any reasonable action to meet such requirements. The Committee may impose such conditions on any shares of Common Stock issuable under the Plan as it may
deem advisable, including, without limitation, restrictions under the Securities Act, as amended, under the requirements of any exchange upon which such shares of the same class are then listed, and under any blue sky or other securities laws
applicable to such shares. The Committee may also require the Participant to represent and warrant at the time of issuance or transfer that the shares of Common Stock are being acquired only for investment purposes and without any current intention
to sell or distribute such shares. All Common Stock issued pursuant to the terms of this Plan shall constitute “restricted securities,” as that term is defined in Rule 144 promulgated pursuant to the Securities Act, and may not be
transferred except in compliance herewith and with the registration requirements of the Securities Act or an exemption therefrom. Certificates representing Common Stock acquired pursuant to an Award may bear such legend as the Company may consider
appropriate under the circumstances. 
 Section 15.2 Incentive Arrangement. The Plan is designed to provide an
ongoing, pecuniary incentive for Participants to produce their best efforts to increase the value of the Company. The Plan is not intended to provide retirement income or to defer the receipt of payments hereunder to the termination of a
Participant’s employment or beyond. The Plan is thus intended not to be a pension or welfare benefit plan that is subject to Employee Retirement Income Security Act of 1974 (“ERISA”), and shall be construed accordingly. All
interpretations and determinations hereunder shall be made on a basis consistent with the Plan’s status as not an employee benefit plan subject to ERISA. 
 Section 15.3 Unfunded Plan. The adoption of the Plan and any reservation of shares of Common Stock or cash amounts by the Company to discharge its obligations hereunder shall not be deemed to
create a trust or other funded arrangement. Except upon the issuance of Common Stock pursuant to an Award, any rights of a Participant under the Plan shall be those of a general unsecured creditor of the Company, and neither a Participant nor the
Participant’s permitted transferees or estate shall have any other interest in any assets of the Company by virtue of the Plan. Notwithstanding the foregoing, the Company shall have the right to implement or set aside funds in a grantor trust,
subject to the claims of the Company’s creditors or otherwise, to discharge its obligations under the Plan. 

Section 15.4 Section 409A Compliance. To the extent applicable, it is intended that the Plan and all Awards hereunder
comply with the requirements of Section 409A of the Code, and the Plan and all Award Agreements shall be interpreted and applied by the Committee in a manner consistent with this intent in order to avoid the imposition of any additional tax
under Section 409A of the Code. In the event that any provision of the Plan or an Award Agreement is determined by the Committee to not comply with the applicable requirements of Section 409A of the Code, the Committee shall have the
authority to take such actions and to make such interpretations or changes to the Plan or an Award Agreement as the Committee deems necessary to comply with such requirements, provided that the Committee shall act in a manner that is

  
 -16-

 
intended to preserve the economic value of the Award to the Participant. In no event whatsoever shall the Company be liable for any additional tax, interest or penalties that may be imposed on
any Participant by Section 409A of the Code or any damages for failing to comply with Section 409A of the Code. 

Section 15.5 Tax Withholding. The Company shall have the power and the right to deduct or withhold, or require a participant
to remit to the Company, the minimum statutory amount to satisfy federal, state and local taxes, domestic or foreign, required by law or regulation to be withheld with respect to any taxable event arising as a result of this Plan, but in no event
shall such deduction or withholding or remittance exceed the minimum statutory withholding requirements. Notwithstanding the foregoing, if a minimum statutory amount of withholding does not apply under the laws of any foreign jurisdiction, the
Company may withhold such amount for remittance to the applicable taxing authority of such jurisdiction as the Company determines in its discretion, uniformly applied, to be appropriate. 

Section 15.6 No Guarantee of Tax Consequences. Neither the Company, the Board, the Committee nor any other Person make any
commitment or guarantee that any federal, state, local or foreign tax treatment will apply or be available to any Participant or any other person hereunder. 
 Section 15.7 Severability. If any provision of the Plan or any Award Agreement shall be determined to be illegal or unenforceable by any court of law in any jurisdiction, the remaining
provisions hereof and thereof shall be severable and enforceable in accordance with their terms, and all provisions shall remain enforceable in any other jurisdiction. 
 Section 15.8 Governing Law. The Plan and all rights hereunder shall be subject to and interpreted in accordance with the laws of the State of Delaware, without reference to the principles of
conflicts of laws, and to applicable federal securities laws. 
 16. Recoupment of Awards 

Section 16.1 Recoupment. Notwithstanding anything contained in the Plan or in an instrument evidencing an Award, each Award
granted or made under the Plan shall be subject, in the discretion of the Committee, to Termination, Rescission, Recapture and/or Reimbursement (each as defined below) if any of the following apply: 

(i) the granting, vesting or payment of such Award (or portion thereof) was predicated upon the achievement of certain financial results
or other performance criteria; 
 (ii) in the Committee’s view, the Participant either benefited from a calculation that
later proves to be materially inaccurate, or engaged in one or more material acts of fraud or misconduct that caused or partially caused the need for a financial restatement by the Company or any of its Affiliates; and 

(iii) a lower granting, vesting or payment of or with respect to such Award would have occurred based on a correct calculation or upon
restated financial results or other performance criteria. 
 For purposes of the foregoing, the following terms shall have the
assigned meanings: 
 (a) “Termination” means the termination, forfeiture or cancellation, in whole or in part, of any
outstanding, unexercised, unexpired or unpaid Award. 

  
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 (b) “Rescission” means the rescission or revocation of any exercise, payment or
delivery pursuant to the Award. 
 (c) “Recapture” means the recapture of any property or proceeds from a
Participant’s sale or other disposition of shares of Common Stock issued pursuant to or in connection with an Award. 
 (d)
“Reimbursement” means the reimbursement to the Company for any gains realized by a Participant or beneficiary with respect to the exercise of an Option. 
 In each instance, the Committee will, to the extent practicable and allowable under applicable laws, require Termination, Rescission, Recapture and/or Reimbursement relating to, any Award granted to a
Participant as is appropriate under the circumstances. 
 17. Effective Date, Amendment and Termination 

Section 17.1 Effective Date. The Plan shall become effective immediately upon approval of the Plan by the Board, subject to
approval of the Plan by the stockholders of the Company within twelve (12) months after the date of approval of the Plan by the Board. 
 Section 17.2 Amendment; Termination. The Board may suspend or terminate the Plan (or any portion thereof) at any time and may amend the Plan at any time and from time to time in such respects
as the Board may deem advisable or in the best interests of the Company or any Subsidiary. No such amendment, suspension or termination shall materially and adversely affect the rights of any Participant under any outstanding Awards, without the
consent of such Participant. The Plan will continue in effect until terminated in accordance with this Section 17.2; provided, however, that no Award will be granted hereunder on or after the tenth (10th) anniversary of the date of the Plan’s adoption by the
Board. 
  
 ... 

ADOPTION AND APPROVAL OF PLAN 
 Date Plan adopted by Board: June 30, 2011 
 Date Plan approved by Stockholders:
December 5, 2011 
 Effective Date of Plan: June 30, 2011 

Date Plan Amended and Restated by Board: October 12, 2012 

  
 -18-Confidential Settlement Agreement and Release of All Claims

 Exhibit 10.48 
 CONFIDENTIAL SETTLEMENT AGREEMENT 
 AND RELEASE OF ALL
CLAIMS 
 This Confidential Settlement Agreement and Release (the “Agreement”) is entered into as of this
    th day of May, 2012 (the “Date of Execution”), between and among Louis J. Maione, Esq., Cancer Genetics, Inc (“CGI”), John Pappajohn, Raju Chaganti, Andrew Pecora, Tommy Thompson, Edmund Cannon, Matthew
Kinley, Panna Sharma, and GAP Partners, LLP (“GAP”) (collectively, the “Settling Parties”). 
 WHEREAS, on
or about April 3, 2012, Maione commenced an action against CGI in the Supreme Court of the State of New York, County of New York, captioned Louis J. Maione v. Cancer Genetics, Inc., Index Number 651068/2012 (the “NY
Action”), asserting a breach of contract claim relating to consulting services Maione provided to CGI; and 
 WHEREAS, on
or about April 3, 2012, Maione commenced an action against CGI, Raju Chaganti, Andrew Pecora, Tommy Thompson, Edmund Cannon, John Pappajohn, Matthew Kinley, Panna Sharma and GAP in the United States District Court for the District of New
Jersey, captioned Louis J. Maione v. Cancer Genetics, Inc., et al., Docket No. 12-cv-02027 (JLL)(MAH) (the “DNJ Action”), asserting fraud and related claims relating to the agreements pursuant to which Maione left
CGI’s employ in June of 2010 and the sale of his equity interests in CGI; and 
 WHEREAS, on April 12, 2012, CGI filed
a Notice of Removal in the NY Action, removing it from the Supreme Court of the State of New York, County of New York, to the United States District Court for the Southern District of New York, where it was assigned Docket No. 12-cv-2895 (the
“SDNY Action”); and 
 WHEREAS, on April 20, 2012, Maione filed a Notice of Voluntary Dismissal Without Prejudice
in the DNJ Action, dismissing that Action without prejudice; and 
 WHEREAS, on April 24, 2012, Maione filed an Amended
Complaint in the SDNY Action which, among other things, added John Pappajohn as a defendant and certain additional causes of action,; and 
 WHEREAS, the Settling Parties wish to (i) settle and dispose with full prejudice any and all claims between them relating to or arising out of the SDNY Action and the DNJ Action, without the
admission of liability by any party and, (ii) avoid the further expense and inconvenience of litigation. 
 NOW, THEREFORE,
the Settling Parties, intending to be legally bound, and in consideration of the mutual covenants and other good and valuable consideration set forth herein below, do hereby agree as follows: 

 1. Payment of settlement amount. CGI will pay a total of $350,000.00 to Maione (the
“Settlement Amount”) in full and final settlement of this action. The Settlement Amount will be paid by wire transfer to the Citibank NA account of Maione specified in Schedule A to this Agreement paid by the earlier of (i) ten
(10) days after the completion of CGI’s initial public offering, or (ii) thirty (30) days after the date this Agreement is executed. John Pappajohn shall personally guaranty payment of the Settlement Amount and shall sign a
guaranty agreement in the form annexed hereto as Exhibit A. 
 2. Stipulation of Dismissal. Within five (5) days of
the execution of this Agreement, Maione shall dismiss with prejudice the SDNY Action by filing a stipulation of dismissal pursuant to Rule 41(a)(l)(A)(ii) of the Federal Rules of Civil Procedure in a form acceptable to CGI’s counsel.

 3. Confidentiality; Non-disparagement. 
 (a) Maione shall keep the terms of this Agreement strictly confidential and shall not disclose or cause to be disclosed through others, publish or otherwise disseminate in any way information pertaining
to this Agreement to anyone. Notwithstanding the foregoing, Maione may disclose the Agreement to his legal counsel and accountants, -and shall simultaneously inform them of the confidentiality requirements of this Agreement. Nothing in this
paragraph shall prohibit CGI from disclosing the terms of this Agreement as part of its initial public offering. 
 (b) The
Settling Parties agree to refrain from directly, or indirectly, making any disparaging remarks about the other parties, its attorneys and employees. “Disparaging remarks” shall mean stating or publishing a matter that is untrue.

 4. No Admissions of Liability. It is expressly agreed and understood that this Agreement and the settlement it
represents are entered into solely for the purpose of allowing the parties to avoid the expenses of litigation. This Agreement constitutes the compromise of disputed claims and that this Agreement is not and should not be considered or construed as
an admission of any liability or wrongdoing on the part of any Settling Party to this Agreement, each of which expressly deny that it has in any respect violated or abridged any Federal, State, or local law or any contractual or other right or
obligation, or otherwise. 
 5. Release of Claims. 

(a) Upon execution of this Agreement, Maione releases and forever discharges CGI, John Pappajohn, Raju Chaganti, Andrew Pecora, Tommy
Thompson, Edmund Cannon, Matthew Kinley, Panna Sharma, and GAP Partners, LLP, and, as applicable, each of their respective past and present parent entities, subsidiaries, divisions, affiliates, stockholders, partners, limited partners, general
partners, investors, successors, assigns, agents, directors, managers, attorneys, members, stockholders, employees, trustees, administrators, and anyone acting on their behalf, including but not limited to Equity Dynamics, Inc., and any person or
entity who purchased securities of CGI from GAP Partners, LLP and their successors and assigns (collectively, the “Released Parties”), from and against all causes of action, claims, suits, debts, liens, damages, judgments, and demands that
Maione can or could assert against the Released Parties, including, but not limited to, any causes of action, claims, suits, debts, liens, damages, judgments, and demands alleged in or arising out of or related to the NY Action, the SDNY

  
 -2-

 
Action and the DNJ Action. Maione covenants, to the maximum extent permitted by law, that neither he nor any of his permitted successors or assigns has to date nor will at any time hereafter
file, commence or maintain or authorize or permit any third party to file, commence or maintain on its behalf, any proceeding before any federal, state or local court, administrative body or authority or arbitral organization or other tribunal
against any of the Released Parties. Nothing in this paragraph shall prevent any party from enforcing the terms of this Agreement. 
 (b) Upon execution of this Agreement, CGI, John Pappajohn, Raju Chaganti, Andrew Pecora, Tommy Thompson, Edmund Cannon, Matthew Kinley, Panna Sharma, and GAP Partners, LLP, release Maione from and against
all causes of action, claims, suits, debts, liens, damages, judgments, and demands that they can or could assert against Maione; provided, however, that if a third party asserts or files any claim against a Released Party (a “Third Party
Claim”), such Released Party may assert and/or file against Maione any claim available to it arising out of or in any way related to such Third Party Claim or which may serve as a defense to or setoff or mitigation of damages against such Third
Party Claim, free from any restrictions of this release. 
 6. Representations of the Parties. The Settling Parties
represent and warrant to each other that (i) they have the full right, power and authority to enter into, execute and deliver this Agreement, and (ii) this Agreement has been duly executed and delivered and constitutes the valid and
binding obligations of each of the Settling Parties. 
 7. Binding Effect. This Agreement shall be binding upon and inure
to the benefit of the parties to this Agreement and their respective successors, permitted assigns, heirs and representatives. 

8. Complete Agreements; Amendment. This Agreement constitutes the complete Agreement and understanding of the parties with respect
to the subject matter hereof and supersedes any previous Agreements or understandings between the parties related thereto. No amendment or waiver of this Agreement nor consent to any departure by a party therefrom shall in any event be effective
unless the same shall be in writing and signed by both parties hereto, and then such waiver or consent shall only be effective in the specific instance and for the specific purpose for which it was given. 

9. Severability. If any one or more paragraph, clause or other portion hereof is determined to be illegal, invalid or invalidated
or unenforceable within any jurisdiction by reason of any existing law or statute, then, to that extent and only within the jurisdiction in which it is illegal, invalid or unenforceable, it shall be limited, construed or severed and deleted
herefrom, and the remaining portions hereof shall survive, remain in full force and effect, continue to be binding upon the parties, and shall not be affected thereby, except insofar as may be necessary to make sense hereof, and shall be interpreted
to give effect to the intention of the parties insofar as that is possible. 
 10. Governing Law. This Agreement shall be
governed by, construed and enforced in accordance with the laws of the State of New Jersey without regard to principles thereof relating to conflict of laws. 

  
 -3-

 11. Jurisdiction and Venue. Any action brought to enforce this Agreement may be
brought only in the state or federal courts located in the State of New Jersey and the parties hereby agree to consent to personal jurisdiction as to any such action in said courts. 

12. Execution in Counterparts. This Agreement may be executed in two or more counterparts, each of which shall constitute an
original but all of which together shall constitute one and the same instrument. A facsimile transmission or an electronic PDF transmission of a signed original of this Agreement shall have the same effect as delivery of a signed original.

 13. Joint Preparation. The parties participated jointly in the negotiation and preparation of this Agreement, and each
party has had the opportunity to consult with legal counsel of their choosing and to review, comment upon, and redraft this Agreement freely and voluntarily. Accordingly, it is agreed that no rule of construction shall apply against any party or in
favor of any party. This Agreement shall be construed as if the parties jointly prepared it, and any uncertainty or ambiguity shall not be interpreted against any one party and in favor of the other. 

IN WITNESS WHEREOF, each of the parties has executed this Agreement as in the date and year first above written. 

 

			
	LOUIS J. MAIONE, ESQ.
	
	/s/ Louis J. Maione
	
	CANCER GENETICS, INC.
		
	By:	 	/s/ Panna L. Sharma
	Name:	 	Panna L. Sharma
	Title:	 	President & CEO
	
	RAJU CHAGANTI
	
	/s/ Raju Chaganti
	
	ANDREW PECORA
	
	/s/ Andrew Pecora

  
 -4-

 
			
	TOMMY THOMPSON
	
	/s/ Tommy Thompson
	
	EDMUND CANNON
	
	/s/ Edmund Cannon
	
	JOHN PAPPAJOHN
	
	/s/ John Pappajohn
	
	MATTHEW KINLEY
	
	/s/ Matthew Kinley
	
	PANNA SHARMA
	
	/s/ Panna Sharma
	
	GAP PARTNERS, LLP
		
	By:	 	/s/ Matthew P. Kinley
	Name:	 	Matthew P. Kinley
	Title:	 	Managing Member

  
 -5-

 IN WITNESS WHEREOF, the Guarantor has duly signed this Agreement on the date stated above.

  

	
	GUARANTOR
	
	/s/ John Pappajohn
	John Pappajohn

  
 -6-

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