Document:

EX-4.1

 Exhibit 4.1 

Execution Copy 

APIGEE CORPORATION 

AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT 

THIS AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT (this “Agreement”) is made and entered into as of the 17th day of April, 2014, by and among APIGEE CORPORATION, a Delaware corporation (the “Company”), each of the persons listed on Schedule A (each, an “Investor” and
collectively, the “Investors”) and RAJVIR SINGH and S. ATIQ RAZA (the “Stockholders”). In addition, solely with respect to Sections 1 and 3 of this Agreement, each of the persons listed on
Schedule A-1 shall be deemed an “Investor” hereunder. 
 RECITALS 

WHEREAS, certain of the Investors currently hold, or have held in the past, shares of the Company’s Series A Preferred Stock (the
“Series A Preferred Stock”), Series B Preferred Stock (the “Series B Preferred Stock”), Series C Preferred Stock (the “Series C Preferred Stock”), Series D Preferred Stock (the
“Series D Preferred Stock”), Series E Preferred Stock (the “Series E Preferred Stock”), Series F Preferred Stock (the “Series F Preferred Stock”), Series G Preferred Stock (the
“Series G Preferred Stock”) and the Series G-1 Preferred Stock (the “Series G-1 Preferred Stock”); 

WHEREAS, in connection with the Company’s prior sale of its Series G Preferred Stock, the Company and certain of the Stockholders
and Investors entered into an Amended and Restated Investors’ Rights Agreement, dated as of July 26, 2013, and amended as of December 12, 2013 (the “Prior Agreement”); 

WHEREAS, certain of the Investors are purchasing shares (the “Financing”) of the Company’s Series H Preferred Stock (the
“Series H Preferred Stock,” and together with the Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock, Series F Preferred
Stock, Series G Preferred Stock and Series G-1 Preferred Stock, the “Preferred Stock”) pursuant to that certain Series H Preferred Stock Purchase Agreement of even date herewith and as amended from time to time (the
“Series H Agreement”); 
 WHEREAS, the obligations in the Purchase Agreement are conditioned upon the execution and delivery
of this Agreement; and 
 WHEREAS, in connection with the consummation of the Financing, the parties desire to enter into this Agreement in
order to amend and restate the Prior Agreement and grant registration rights, information rights and other rights to the Investors and the Stockholders as set forth below. 

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
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 AGREEMENT 

NOW, THEREFORE, in consideration of these premises and for other good and valid consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree that the Prior Agreement is hereby amended and restated in its entirety and as follows: 
 SECTION 1

 RESTRICTIONS ON TRANSFERABILITY OF SECURITIES; REGISTRATION RIGHTS 

1.1 Certain Definitions. As used in this Agreement, the following terms shall have the meanings set forth below: 

(a) “Advisory Investor” means any Investor (or transferee thereof) who, directly or indirectly, is advised by an investment advisor
registered under the Investment Advisers Act of 1940, as amended. 
 (b) “Closing” shall mean the date of the initial sale of
shares of the Company’s Series H Preferred Stock. 
 (c) “Commission” shall mean the Securities and Exchange Commission
or any other federal agency at the time administering the Securities Act. 
 (d) “Exchange Act” shall mean the Securities Exchange
Act of 1934, as amended, or any similar successor federal statute and the rules and regulations thereunder, all as the same shall be in effect from time to time. 

(e) “Holder” shall mean (i) any person who holds Registrable Securities, (ii) any holder of Registrable Securities to whom
the registration rights conferred by this Agreement have been transferred in compliance with Section 1.11 hereof, and (iii) solely for purposes of Section 1 of this Agreement, any person who owns Series G Preferred Stock or
Series G-1 Preferred Stock as listed on Schedule A-1 hereto. 
 (f) “Initiating Holders” shall mean any Holder or
Holders who in the aggregate hold not less than a majority of the outstanding Registrable Securities that are issued or issuable upon conversion of the Company’s Preferred Stock. 

(g) “Investor” shall have the meaning ascribed to it in the preamble hereto. 

(h) “Major Holder” shall mean (i) any Holder who (together with its affiliates) holds at least one million five hundred
thousand (1,500,000) Shares (including Common Stock issued upon conversion of such Shares or any combination thereof (as presently constituted and subject to subsequent adjustment for stock splits, stock dividends, reverse stock splits,
recapitalizations and the like)) and (ii) any Advisory Investor. 

  
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 (i) “Preferred Stock” shall have the meaning ascribed to it in the recitals hereto.

 (j) “Qualified Public Offering” shall mean the first sale of the Company’s Common Stock at a price of not less than $2.91
per share (as adjusted for any stock dividends, stock splits, combinations, recapitalizations or the like) in an underwritten public offering registered under the Securities Act, other than a registration under Rule 145 under such Securities
Act (or any successor thereto) or to an employee benefit plan of the Company, that results in gross offering proceeds (before deduction of underwriters’ discounts and commission relating to the issuance) to the Company of not less than
$35,000,000 (as adjusted for any stock dividends, stock splits, combinations, recapitalizations or the like). 
 (k) “Registrable
Securities” shall mean (i) shares of Common Stock issued or issuable pursuant to the conversion of the Shares; (ii) any Common Stock issued as (or issuable upon the conversion or exercise of any warrant, right or security that is
issued as) a dividend or other distribution with respect to or in exchange for, or in replacement of, the Shares, excluding in all cases, however, any Registrable Securities sold in a transaction in which rights under this Section 1 are not
assigned; provided, however, that Registrable Securities shall not include any shares of Common Stock which have previously been registered or which have been sold to the public; (iii) any other shares of Common Stock acquired by an Investor;
and (iv) for the purposes of Sections 1.3, 1.7, 1.8, 1.11 and 1.15 hereof, Registrable Securities shall be deemed to include shares of Common Stock of the Company held by a Stockholder. The number of shares of “Registrable
Securities” outstanding shall be determined by the number of shares of Common Stock outstanding that are, and the number of shares of Common Stock issuable pursuant to then-exercisable or convertible securities that are, Registrable Securities.

 (l) The terms “register,” “registered” and “registration” shall refer to a registration effected by
preparing and filing a registration statement in compliance with the Securities Act and applicable rules and regulations thereunder, and the declaration or ordering of the effectiveness of such registration statement. 

(m) “Registration Expenses” shall mean all expenses incurred in effecting any registration pursuant to this Agreement, including,
without limitation, all registration, qualification, and filing fees, printing expenses, escrow fees, fees and disbursements of counsel for the Company, blue sky fees and expenses, and expenses of any regular or special audits incident to or
required by any such registration, but shall not include Selling Expenses (but excluding the compensation of regular employees of the Company, which shall be paid in any event by the Company). 

(n) “Rule 144” shall mean Rule 144 as promulgated by the Commission under the Securities Act, as such Rule may be
amended from time to time, or any similar successor rule that may be promulgated by the Commission. 

  
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CORPORATION 
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 (o) “Rule 145” shall mean Rule 145 as promulgated by the Commission under the
Securities Act, as such Rule may be amended from time to time, or any similar successor rule that may be promulgated by the Commission. 

(p) “Securities Act” shall mean the Securities Act of 1933, as amended, or any similar successor federal statute and the rules and
regulations thereunder, all as the same shall be in effect from time to time. 
 (q) “Selling Expenses” shall mean all
underwriting discounts and selling commissions applicable to the sale of Registrable Securities and fees and disbursements of counsel for any Holder (other than the fees and disbursements of counsel described in Section 1.4 of this Agreement).

 (r) “Series H Agreement” shall have the meaning ascribed to it in the recitals hereto. 

(s) “Shares” shall mean the Preferred Stock held by the Investors listed on Schedule A, and solely for purposes of
Section 1 hereof the Investors listed on Schedule A-1, or their respective assigns to whom rights hereunder are properly transferred in accordance with the terms of this Agreement. 

1.2 Requested Registration. 

(a) Request for Registration. If the Company shall receive from Initiating Holders at any time or times following the earlier of
(i) November 29, 2016 or (ii) six (6) months after the effective date of the first sale of the Company’s Common Stock in an underwritten public offering registered under the Securities Act, a written request that the Company
effect any registration with respect to all or a part of the Registrable Securities, the aggregate proceeds of which (after deduction for underwriter’s discounts and expenses related to the issuance) will be not less than $15,000,000 (a
“Registration Request”), the Company will: 
 (i) within ten (10) days of receipt thereof, give written notice of the
proposed registration to all other Holders; and 
 (ii) as soon as practicable, and in any event within sixty (60) days of receipt of
such request, use its best efforts to effect such registration (including, without limitation, filing post effective amendments, appropriate qualifications under applicable blue sky or other state securities laws, and appropriate compliance with the
Securities Act) and as would permit or facilitate the sale and distribution of all or such portion of such Registrable Securities as are specified in such request, together with all or such portion of the Registrable Securities of any Holder or
Holders joining in such request as are specified in a written request received by the Company within twenty (20) days after the date on which such written notice from the Company is mailed or delivered. 

  
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CORPORATION 
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 The Company shall not be obligated to effect, or to take any action to effect, any such
registration pursuant to this Section 1.2: 
 (A) In any particular jurisdiction in which the Company would be required to execute a
general consent to service of process in effecting such registration, qualification, or compliance, unless the Company is already subject to service in such jurisdiction and except as may be required by the Securities Act; 

(B) After the Company has initiated two (2) such registrations pursuant to this Section 1.2(a) (counting for these purposes only
registrations which have been declared or ordered effective and pursuant to which securities have been sold and registrations which have been withdrawn by the Holders as to which the Holders have not elected to bear the Registration Expenses
pursuant to Section 1.4 hereof and would, absent such election, have been required to bear such expenses); 
 (C) During the period
starting with the date forty-five (45) days prior to the Company’s good faith estimate of the date of filing of, and ending on the date one hundred eighty (180) days after the effective date of, a company-initiated registration;
provided that the Company is actively employing in good faith all reasonable efforts to cause such registration statement to become effective; 

(D) If, within thirty (30) days of receipt of a Registration Request, the Company delivers notice to the Holders of its intent to file a
registration statement for its initial public offering within ninety (90) days; or 
 (E) If the Initiating Holders propose to dispose
of shares of Registrable Securities which may be immediately registered on Form S-3 pursuant to a request made under Section 1.5 hereof. 

(b) Registration Statement. Subject to the foregoing clauses (A) through (E), the Company shall file a registration statement
covering the Registrable Securities so requested to be registered as soon as practicable, and in any event within forty-five (45) days after receipt of the Registration Request or Registration Requests of the Initiating Holders; provided,
however, that if (i) in the good faith judgment of the Board of Directors of the Company, such registration would be seriously detrimental to the Company and the Board of Directors of the Company concludes, as a result, that it is essential to
defer the filing of such registration statement at such time, and (ii) the Company furnishes to such Holders a certificate signed by the President of the Company stating that in the good faith judgment of the Board of Directors of the Company,
it would be seriously detrimental to the Company for such registration statement to be filed in the near future and that it is, therefore, essential to defer the filing of such registration statement, then the Company shall have the right to defer
such filing for the period during which such disclosure would be seriously detrimental, provided that (except as provided in clause (C) above) the Company may not defer the filing for a period of more than ninety (90) days after receipt of
the request of the Initiating Holders, and, provided further, that the Company shall not defer its obligation in this manner more than once in any twelve (12) month period. 

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
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 The registration statement filed pursuant to the request of the Initiating Holders may, subject
to the provisions of Section 1.2(d) hereof, include other securities of the Company, with respect to which registration rights have been granted, and may include securities of the Company being sold for the account of the Company. 

(c) Underwriting. The right of any Holder to registration pursuant to Section 1.2 shall be conditioned upon such Holder’s
participation in such underwriting and the inclusion of such Holder’s Registrable Securities in the underwriting (unless otherwise mutually agreed by a majority in interest of the Initiating Holders and such Holder with respect to such
participation and inclusion) to the extent provided herein. A Holder may elect to include in such underwriting all or a part of the Registrable Securities he holds. 

(d) Procedures. If the Company shall request inclusion in any registration pursuant to Section 1.2 of securities being sold for its own
account, or if other persons shall request inclusion in any registration pursuant to Section 1.2, the Initiating Holders shall, on behalf of all Holders, offer to include such securities in the underwriting and may condition such offer on their
acceptance of the further applicable provisions of this Section 1 (including Section 1.12). The Company shall (together with all Holders and other persons proposing to distribute their securities through such underwriting) enter into an
underwriting agreement in customary form with the representative of the underwriter or underwriters selected for such underwriting by a majority in interest of the Initiating Holders, which underwriter(s) are reasonably acceptable to the Company.
Notwithstanding any other provision of this Section 1.2, if the representative of the underwriters advises the Initiating Holders in writing that marketing factors require a limitation on the number of shares to be underwritten, then the
Initiating Holders shall so advise all holders of Registrable Securities that would otherwise be underwritten, and the number of shares to be included in the underwriting or registration shall be allocated first to the Initiating Holders and the
other Investors on a pro rata basis based on the total number of Registrable Securities held by the Initiating Holders and the other Investors seeking to register shares, second to the Holders (other than the Initiating Holders and such other
Investors which have so requested inclusion) on a pro rata basis based on the number of Registrable Securities held by such Holders seeking to register shares and third, to any other stockholder of the Company seeking to register shares that are not
Registrable Securities. If a person who has requested inclusion in such registration as provided above does not agree to the terms of any such underwriting, such person shall be excluded therefrom by written notice from the Company, the underwriter
or the Initiating Holders. The securities so excluded shall also be withdrawn from registration. Any Registrable Securities or other securities excluded shall also be withdrawn from such registration. If shares are so withdrawn from the registration
and if the number of shares to be included in such registration was previously reduced as a result of marketing factors pursuant to this Section 1.2(d), then the Company shall offer to all Holders who have retained rights to include securities
in the registration the right to include additional securities in the registration in an aggregate amount equal to the number of shares so withdrawn, with such shares to be allocated among such Holders requesting additional inclusion in accordance
with Section 1.13. 

  
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CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
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 1.3 Company Registration. 

(a) If the Company shall determine to register any of its securities either for its own account or the account of a security holder or holders
exercising their respective demand registration rights (other than pursuant to Section 1.2 or 1.5 hereof), other than a registration relating solely to employee benefit plans, or a registration relating solely to a Rule 145 transaction,
the Company will: 
 (i) promptly give to each Holder written notice thereof; and 

(ii) use its best efforts to include in such registration (and any related qualification under blue sky laws or other compliance), except as
set forth in Section 1.3(b) below, and in any underwriting involved therein, all the Registrable Securities specified in a written request or requests, made by any Holder and received by the Company within twenty (20) days after the date
on which such written notice from the Company described in clause (i) above is delivered by the Company. Such written request may specify all or a part of a Holder’s Registrable Securities. 

(b) Underwriting. If the registration of which the Company gives notice is for a registered public offering involving an underwriting, the
Company shall so advise the Holders as a part of the written notice given pursuant to Section 1.3(a)(i). In such event, the right of any Holder to registration pursuant to this Section 1.3 shall be conditioned upon such Holder’s
participation in such underwriting and the inclusion of such Holder’s Registrable Securities in the underwriting to the extent provided herein. All Holders proposing to distribute their securities through such underwriting shall (together with
the Company and the other holders of securities of the Company with registration rights to participate therein distributing their securities through such underwriting) enter into an underwriting agreement in customary form with the representative of
the underwriter or underwriters selected by the Company. 
 Notwithstanding any other provision of this Section 1.3, if the
representative of the underwriters advises the Company in writing that marketing factors require a limitation on the number of shares to be underwritten, the representative may (subject to the limitations set forth below) exclude all Registrable
Securities from, or limit the number of Registrable Securities to be included in, the registration and underwriting. If the registration is the first Company-initiated registered offering of the Company’s securities to the general public, the
Company may limit, to the extent so advised by the underwriters, the amount of securities (including Registrable Securities) to be included in the registration by the Company’s stockholders (including the Holders), or may exclude, to the extent
so advised by the underwriters, such underwritten securities entirely from such registration (provided that in such event no other holder of registration rights is entitled to registration of securities in such offering), it being understood that
prior to the exclusion of any Registrable Securities held (and being offered for registration) by an Investor, the Company shall 

  
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exclude securities held by stockholders that are not Holders hereunder (“non-Investor Holders”), up to all of the Registrable Securities held by such non-Investor Holders. If such
registration is the second or any subsequent Company-initiated registered offering of the Company’s securities to the general public, the Company may limit, to the extent so advised by the underwriters, the amount of securities to be included
in the registration by the Company’s stockholders (including the Holders); provided, however, that the aggregate value of the Registrable Securities to be included in such registration by the Holders may not be so reduced to less than thirty
percent (30%) of the total value of all securities included in such registration (provided further that if an Investor is an employee of the Company, the representative of the underwriters may require that such employee not participate), and
furthermore, it being understood that prior to the exclusion of any Registrable Securities held (and being offered for registration) by an Investor, the Company shall exclude Registrable Securities held by non-Investor Holders, up to all of the
Registrable Securities held by such non-Investor Holders. The Company shall so advise all holders of securities requesting registration, and the number of shares of securities that are entitled to be included in the registration and underwriting
shall be allocated first to the Company for securities being sold for its own account and thereafter as set forth in Section 1.13. If any person does not agree to the terms of any such underwriting, he shall be excluded therefrom by written
notice from the Company or the underwriter. Any Registrable Securities or other securities excluded or withdrawn from such underwriting shall be withdrawn from such registration. 

If shares are so withdrawn from the registration and if the number of shares of Registrable Securities to be included in such registration was
previously reduced as a result of marketing factors, the Company shall then offer to all persons who have retained the right to include securities in the registration the right to include additional securities in the registration in an aggregate
amount equal to the number of shares so withdrawn, with such shares to be allocated among the persons requesting additional inclusion in accordance with Section 1.13 hereof. 

1.4 Expenses of Registration. All Registration Expenses incurred in connection with any registration, qualification or compliance
pursuant to Sections 1.3 and 1.5 hereof, and the first two registrations pursuant to Section 1.2 hereof (including the reasonable fees of one counsel for the selling stockholders not to exceed $50,000 per registration) shall be borne by
the Company; provided, however, that if the Holders bear the Registration Expenses for any registration proceeding begun pursuant to Section 1.2 and subsequently withdrawn by the Holders registering shares therein, such registration proceeding
shall not be counted as a requested registration pursuant to Section 1.2 hereof, except in the event that such withdrawal is based upon material adverse information relating to the Company that is different from the information known or
available (upon request from the Company or otherwise) to the Holders requesting registration at the time of their request for registration under Section 1.2, in which event the Company shall bear the Registration Expenses and such registration
shall not be treated as a counted registration for purposes of Section 1.2 hereof, even though the Holders do not bear the Registration Expenses for such registration. All Selling Expenses relating to securities so registered shall be borne by
the holders of such securities pro rata on the basis of the number of shares of securities so registered on their behalf. 

  
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CORPORATION 
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 1.5 Registration on Form S-3. 

(a) After its initial public offering, the Company shall use its best efforts to qualify for registration on Form S-3 or any comparable or
successor form or forms. After the Company has qualified for the use of Form S-3, in addition to the rights contained in the foregoing provisions of this Section 1, the Holders of Registrable Securities shall have the right to request
registrations on Form S-3 (such requests shall be in writing and shall state the number of shares of Registrable Securities to be disposed of and the intended methods of disposition of such shares by such Holder or Holders); provided, however, that
the Company shall not be obligated to effect any such registration if (i) the Holders propose to sell Registrable Securities and such other securities (if any) on Form S-3 at an aggregate price to the public of less than $1,000,000, or
(ii) in the event that the Company shall furnish the certification described in paragraph 1.2(b)(ii) (but subject to the limitations set forth therein), provided, however, that such right to delay a request shall be exercised by the Company not
more than once in any twelve (12) month period. 
 (b) If a request complying with the requirements of Section 1.5(a) hereof is
delivered to the Company, the provisions of Sections 1.2(a)(i) and (ii) (notwithstanding the language of clauses (A) through (D) of subsection (ii)) and Section 1.2(b) hereof shall apply to such registration, and provided
that such registration shall not count as a registration under Section 1.2(a)(ii)(B). If the registration is for an underwritten offering, the provisions of Sections 1.2(c) and 1.2(d) hereof shall apply to such registration. 

1.6 Registration Procedures. In the case of each registration effected by the Company pursuant to Section 1, the Company will keep
each Holder advised in writing as to the initiation of each registration and as to the completion thereof. At its expense, the Company will use its best efforts to: 

(a) Keep such registration effective for a period of one hundred twenty (120) days or until the Holder or Holders have completed the
distribution described in the registration statement relating thereto, whichever first occurs; provided, however, that (i) such one hundred twenty (120) day period shall be extended for a period of time equal to the period the Holder
refrains from selling any securities included in such registration at the request of the Company or an underwriter of Common Stock (or other securities) of the Company; and (ii) in the case of any registration of Registrable Securities on Form
S-3 which are intended to be offered on a continuous or delayed basis, such one hundred twenty (120) day period shall be extended, if necessary, to keep the registration statement effective until all such Registrable Securities are sold,
provided that Rule 415, or any successor rule under the Securities Act, permits an offering on a continuous or delayed basis, and provided further that applicable rules under the Securities Act governing the obligation to file a post effective
amendment permit, in lieu of filing a post-effective amendment that (A) includes any prospectus required by Section 10(a)(3) of the Securities Act or (B) reflects facts or events representing a material or fundamental change in the
information set forth in the registration statement, the incorporation by reference of information required to be included in (A) and (B) above to be contained in periodic reports filed pursuant to Section 13 or 15(d) of the Exchange
Act in the registration statement; 

  
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 (b) Prepare and file with the Commission such amendments and supplements to such registration
statement and the prospectus used in connection with such registration statement as may be necessary to comply with the provisions of the Securities Act with respect to the disposition of all securities covered by such registration statement; 

(c) Furnish such number of prospectuses and other documents incident thereto, including any amendment of or supplement to the prospectus, as a
Holder from time to time may reasonably request; 
 (d) Notify each seller of Registrable Securities covered by such registration statement
at any time when a prospectus relating thereto is required to be delivered under the Securities Act of the happening of any event as a result of which the prospectus included in such registration statement, as then in effect, includes an untrue
statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing, and at the request of any such
seller, prepare and furnish to such seller a reasonable number of copies of a supplement to or an amendment of such prospectus as may be necessary so that, as thereafter delivered to the purchasers of such shares, such prospectus shall not include
an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing; 

(e) Cause all such Registrable Securities registered pursuant hereunder to be listed on each securities exchange on which similar securities
issued by the Company are then listed; 
 (f) Provide a transfer agent and registrar for all Registrable Securities registered pursuant to
such registration statement and a CUSIP number for all such Registrable Securities, in each case not later than the effective date of such registration; 

(g) In connection with any underwritten offering pursuant to a registration statement filed pursuant to Section 1.2 hereof, the Company
will enter into an underwriting agreement reasonably necessary to effect the offer and sale of Common Stock, provided such underwriting agreement contains customary underwriting provisions and provided further that if the underwriter so requests the
underwriting agreement will contain customary contribution provisions. 
 (h) Furnish, at the request of any Holder requesting registration
of Registrable Securities pursuant to this Section 1, on the date that such Registrable Securities are delivered to the underwriters for sale in connection with a registration pursuant to this Section 1, if such securities are being sold
through underwriters, or, if such securities are not being sold through underwriters, on the date that the registration statement with respect to such securities becomes effective, (i) an opinion, dated such date, of the counsel representing
the Company for the purposes of such 

  
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registration, in form and substance as is customarily given to underwriters in an underwritten public offering, addressed to the underwriters, if any, and to the Holders requesting registration
of Registrable Securities and (ii) a letter dated such date, from the independent certified public accountants of the Company, in form and substance as is customarily given by independent certified public accountants to underwriters in an
underwritten public offering, addressed to the underwriters, if any, and to the Holders requesting registration of Registrable Securities. 

(i) Register and qualify the securities covered by such registration statement under such other securities or Blue Sky laws of such
jurisdictions as shall be reasonably requested by the Holders, provided that the Company shall not be required in connection therewith or as a condition thereto to qualify to do business or to file a general consent to service of process in any such
states or jurisdictions. 
 1.7 Indemnification. 

(a) The Company will indemnify each Holder, each of its officers, directors and partners, legal counsel, and accountants and each person
controlling such Holder within the meaning of Section 15 of the Securities Act, with respect to which registration, qualification, or compliance has been effected pursuant to this Section 1, and each underwriter, if any, and each person
who controls within the meaning of Section 15 of the Securities Act any underwriter, against all expenses, claims, losses, damages, and liabilities (or actions, proceedings, or settlements in respect thereof) arising out of or based on any
untrue statement (or alleged untrue statement) of a material fact contained in any prospectus, offering circular, or other document (including any related registration statement, notification, or the like) incident to any such registration,
qualification, or compliance, or based on any omission (or alleged omission) to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, or any violation by the Company of the Securities
Act or any rule or regulation thereunder applicable to the Company and relating to action or inaction required of the Company in connection with any such registration, qualification, or compliance, and will reimburse each such Holder, each of its
officers, directors, partners, legal counsel, and accountants and each person controlling such Holder, each such underwriter, and each person who controls any such underwriter, for any legal and any other expenses reasonably incurred in connection
with investigating and defending or settling any such claim, loss, damage, liability, or action, provided that the Company will not be liable in any such case to the extent that any such claim, loss, damage, liability, or expense arises out of or is
based on any untrue statement or omission included (or omitted) in reliance upon and in conformity with written information furnished to the Company by such Holder or underwriter and stated to be specifically for use therein. It is agreed that the
indemnity agreement contained in this Section 1.7(a) shall not apply to amounts paid in settlement of any such loss, claim, damage, liability, or action if such settlement is effected without the consent of the Company (which consent has not
been unreasonably withheld, conditioned or delayed). 

  
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CORPORATION 
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 (b) Each Holder will, if Registrable Securities held by him are included in the securities as to
which such registration, qualification, or compliance is being effected, indemnify the Company, each of its directors, officers, affiliates (as such term is defined in Rule 405 under the Securities Act) (“Affiliates”), legal counsel,
and accountants and each underwriter, if any, of the Company’s securities covered by such a registration statement, each person who controls the Company or such underwriter within the meaning of Section 15 of the Securities Act, each other
such Holder and other stockholder, and each of their officers, directors, and Affiliates, and each person controlling such Holder or other stockholder, against all claims, losses, damages and liabilities (or actions in respect thereof) arising out
of or based on any untrue statement (or alleged untrue statement) of a material fact contained in any such registration statement, prospectus, offering circular, or other document, or any omission (or alleged omission) to state therein a material
fact required to be stated therein or necessary to make the statements therein not misleading, and will reimburse the Company and such Holders, directors, officers, Affiliates, legal counsel, and accountants, persons, underwriters, or control
persons for any legal or any other expenses reasonably incurred in connection with investigating or defending any such claim, loss, damage, liability, or action, in each case to the extent, but only to the extent, that such untrue statement (or
alleged untrue statement) or omission (or alleged omission) is made in such registration statement, prospectus, offering circular, or other document in reliance upon and in conformity with written information furnished to the Company by such Holder
and stated to be specifically for use therein provided, however, that the obligations of such Holder hereunder shall not apply to amounts paid in settlement of any such claims, losses, damages, or liabilities (or actions in respect thereof) if such
settlement is effected without the consent of such Holder (which consent shall not be unreasonably withheld). In no event shall any indemnity under this subsection 1.7(b), when taken together with any contribution under subsection 1.7(d), exceed the
net proceeds from the offering received by such Holder. 
 (c) Each party entitled to indemnification under this Section 1.7 (the
“Indemnified Party”) shall give notice to the party required to provide indemnification (the “Indemnifying Party”) promptly after such Indemnified Party has actual knowledge of any claim as to which indemnity may be sought, and
shall permit the Indemnifying Party to assume the defense of such claim or any litigation resulting therefrom, provided that counsel for the Indemnifying Party, who shall conduct the defense of such claim or any litigation resulting therefrom, shall
be approved by the Indemnified Party (whose approval shall not unreasonably be withheld), and the Indemnified Party may participate in such defense at such party’s expense, and provided further that the failure of any Indemnified Party to give
notice as provided herein shall not relieve the Indemnifying Party of its obligations under this Section 1, to the extent such failure is not prejudicial. No Indemnifying Party, in the defense of any such claim or litigation, shall, except with
the consent of each Indemnified Party, consent to entry of any judgment or enter into any settlement that does not include as an unconditional term thereof the giving by the claimant or plaintiff to such Indemnified Party of a release from all
liability in respect to such claim or litigation. Each Indemnified Party shall furnish such information regarding itself or the claim in question as an Indemnifying Party may reasonably request in writing and as shall be reasonably required in
connection with defense of such claim and litigation resulting therefrom. 

  
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CORPORATION 
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 (d) If the indemnification provided for in this Section 1.7 is held by a court of competent
jurisdiction to be unavailable to an Indemnified Party with respect to any loss, liability, claim, damage, or expense referred to therein, then the Indemnifying Party, in lieu of indemnifying such Indemnified Party hereunder, shall contribute to the
amount paid or payable by such Indemnified Party as a result of such loss, liability, claim, damage, or expense in such proportion as is appropriate to reflect the relative fault of the Indemnifying Party on the one hand and of the Indemnified Party
on the other in connection with the statements or omissions that resulted in such loss, liability, claim, damage, or expense as well as any other relevant equitable considerations; provided, however, that in no event shall any contribution by a
Holder under this subsection 1.7(d), when taken together with any indemnity under subsection 1.7(b), exceed the net proceeds from the offering received by such Holder. The relative fault of the Indemnifying Party and of the Indemnified Party shall
be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission to state a material fact relates to information supplied by the Indemnifying Party or by the Indemnified Party and
the parties’ relative intent, knowledge, access to information, and opportunity to correct or prevent such statement or omission. 

(e) Notwithstanding the foregoing, to the extent that the provisions on indemnification and contribution contained in the underwriting
agreement entered into in connection with the underwritten public offering are in conflict with the foregoing provisions, the provisions in the underwriting agreement shall control; provided, however, that in no event shall any indemnification or
contribution by a Holder exceed, collectively, the net proceeds from the offering received by such Holder; and provided further, however, that the failure of the underwriting agreement to provide for or address a matter provided for or addressed by
the foregoing provisions shall not be a conflict with the foregoing provisions and, in such event, the foregoing provisions shall control with respect to such matter. 

(f) The obligations of the Company and Holders under this Section 1.7 shall survive the completion of any offering of Registrable
Securities in a registration statement under this Section 1, and otherwise. 
 1.8 Information by Holder. Each Holder of
Registrable Securities shall furnish to the Company such information regarding such Holder and the distribution proposed by such Holder as the Company may reasonably request in writing and as shall be reasonably required in connection with any
registration, qualification, or compliance referred to in this Section l. 
 1.9 Limitations on Registration of Issues of
Securities. From and after the date of this Agreement, the Company shall not, without the prior written consent of holders of two-thirds (2/3rds) of the Registrable Securities, enter into any agreement with any holder or prospective holder
of any securities of the Company giving such holder or prospective holder any registration rights the terms of which are on parity with or more favorable than the registration rights granted to the Holders hereunder, unless under the terms of such
agreement, such holder or prospective holder may include such securities in any such registration only to the extent that the inclusion of such securities will not reduce the amount of the Registrable Securities of the Holders that are included.

  
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 AMENDED AND RESTATED INVESTORS’
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 1.10 Rule 144 Reporting. With a view to making available the benefits of certain
rules and regulations of the Commission that may permit the sale of the securities to the public without registration, the Company agrees to use its best efforts to: 

(a) Make and keep public information regarding the Company available as those terms are understood and defined in Rule 144 under the
Securities Act, at all times from and after ninety (90) days following the effective date of the first registration under the Securities Act filed by the Company for an offering of its securities to the general public; 

(b) File with the Commission in a timely manner all reports and other documents required of the Company under the Securities Act and the
Exchange Act at any time after it has become subject to such reporting requirements; 
 (c) So long as a Holder owns any Registrable
Securities, furnish to the Holder forthwith upon written request a written statement by the Company as to its compliance with the reporting requirements of Rule 144 (at any time from and after the effective date of the first registration
statement filed by the Company for an offering of its securities to the general public), and of the Securities Act and the Exchange Act (at any time after it has become subject to such reporting requirements), a copy of the most recent annual or
quarterly report of the Company, and such other reports and documents so filed as a Holder may reasonably request in availing itself of any rule or regulation of the Commission allowing a Holder to sell any such securities without registration. 

1.11 Transfer or Assignment of Registration Rights. The rights to cause the Company to register securities granted to a Holder by the
Company under this Section 1 may be transferred or assigned by a Holder only to: (a) any Major Holder; (b) if the Holder is a partnership, partners, retired partners or affiliates of such Holder, including a limited partnership, fund,
limited liability company or other investment entity managed by or under common investment management with such Holder; (c) if the Holder is a limited liability company, any member, former member or affiliates of such Holder, including a
limited partnership, fund, limited liability company or other investment entity managed by or under common investment management with such Holder; (d) if the Holder is a corporation, any affiliated entity of such Holder; or (e) if the
Holder is an individual, members of such Holder’s immediate family or a trust for the benefit of such Holder, provided that the Company is given written notice at the time of or within a reasonable time after such transfer or assignment,
stating the name and address of the transferee or assignee and identifying the securities with respect to which such registration rights are being transferred or assigned, and, provided further, that the transferee or assignee of such rights assumes
the obligations of such Holder under this Section 1. 
 1.12 “Market Stand-Off” Agreement. If requested by the Company
and an underwriter of Common Stock (or other securities) of the Company, a Holder shall not sell or otherwise transfer or dispose of any Common Stock (or other securities) of the Company held by such Holder (other than those included in the
registration) during the one hundred eighty (180) day period following the 

  
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effective date of a registration statement of the Company filed under the Securities Act (or such longer period as the underwriters or the Company shall request, if the Company is not an Emerging
Growth Company under applicable U.S. securities laws and regulations, in order to facilitate compliance with FINRA Rule 2711 or NYSE Member Rule 472 or any successor or similar rule or regulation, not to exceed thirty-four (34) days
after the termination of the one hundred eighty (180) day period), provided that such agreement shall only apply to the first such registration statement of the Company, including securities to be sold on its behalf to the public in an
underwritten offering. The foregoing provisions of this Section 1.12 shall not apply to the sale of any shares to an underwriter pursuant to an underwriting agreement or shares acquired in the Company’s initial public offering or in open
market transactions on or after the date of the Company’s initial public offering and shall only be applicable to the Holders if all officers and directors of the Company (regardless of ownership percentage) and one percent (1%) or greater
shareholders of the Company are required to enter into similar agreements; provided, however, that if any of the obligations described in this Section 1.12 are waived or terminated with respect to any of the securities of any such Holder,
officer, director or one percent (1%) or greater shareholder (in any such case, the “Released Securities”), the foregoing provisions shall be waived or terminated, as applicable, to the same extent and with respect to the same
percentage of securities of each Holder as the percentage of Released Securities represent with respect to the securities held by the applicable Holder, officer, director or one percent (1%) or greater shareholder. If the underwriters
reasonably request, the Company will require its employees to be bound by the provisions of this Section 1.12. The underwriters in connection with the Company’s initial public offering are intended third party beneficiaries of this
Section 1.12 and shall have the right, power and authority to enforce the provisions hereof as though they were a party hereto. 
 The
obligations described in this Section 1.12 shall not apply to a registration relating solely to employee benefit plans on Form S-1 or Form S-8 or similar forms that may be promulgated in the future, or a registration relating solely to a
Commission Rule 145 transaction on Form S-4 or similar forms that may be promulgated in the future. The Company may impose stop transfer instructions with respect to the shares (or securities) subject to the foregoing restriction until the end
of the applicable periods. 
 1.13 Allocation of Registration Opportunities. In any circumstance in which all of the Registrable
Securities and other shares of Common Stock of the Company (including shares of Common Stock issued or issuable upon conversion of shares of any currently unissued series of Preferred Stock of the Company) with registration rights (the “Other
Shares”) requested to be included in a registration on behalf of the Holders or other selling stockholders cannot be so included as a result of limitations of the aggregate number of shares of Registrable Securities and Other Shares that may be
so included, the number of shares of Other Shares shall be excluded, pro rata, until the aggregate number of shares of Registrable Securities and Other Shares may be included in such registration. If, after the complete exclusion of Other Shares
from such registration, the aggregate number of shares of Registrable Securities cannot be so included as a result of such limitations, the number of shares of Registrable Securities held by the Stockholders shall be excluded, pro rata, until the
aggregate number of shares of Registrable Securities may be included in 

  
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such registration. If, after the complete exclusion of Registrable Securities held by the Stockholders from such registration, the aggregate number of remaining shares of Registrable Securities
cannot be so included as a result of such limitations, the remaining shares of Registrable Securities shall be excluded, pro rata, until the aggregate number of shares of Registrable Securities may be included in such registration. In no event shall
shares of Registrable Securities held by the Investors be excluded from such registration unless all Other Shares and all Registrable Securities held by the Stockholders have been completely excluded from such registration. 

1.14 Delay of Registration. No Holder shall have any right to take any action to restrain, enjoin, or otherwise delay any registration
as the result of any controversy that might arise with respect to the interpretation or implementation of this Section 1. 
 1.15
Termination of Registration Rights. The right of any Holder or Stockholder to request registration or inclusion in any registration pursuant to Section 1.2, 1.3 or 1.5 shall terminate at such time, following the Company’s initial
underwritten public offering of its common stock pursuant to an effective registration statement, as all shares of Registrable Securities held or entitled to be held upon conversion by such Holder or Stockholder may immediately be sold under
Rule 144 during any ninety (90) day period without the requirement for the Company to be in compliance with the current public information required under Rule 144(c)(1); provided, however, that the provisions of this Section 1.15
shall not apply to any Holder or Stockholder who owns more than one percent (1%) of the Company’s outstanding stock until such time as such Holder or Stockholder owns less than one percent (1%) of the outstanding stock of the Company.

 SECTION 2 
 COVENANTS OF
THE COMPANY 
 The Company hereby covenants and agrees, so long as a Holder owns any Registrable Securities, as follows: 

2.1 Basic Financial Information. The Company will furnish, upon request, the following reports to each Holder: as soon as practicable
after the end of each fiscal year of the Company, and in any event within one hundred twenty (120) days thereafter, an audited consolidated balance sheet of the Company and its subsidiaries, if any, as at the end of such fiscal year, and
audited consolidated statements of income and cash flows of the Company and its subsidiaries, if any, for such year, prepared in accordance with United States generally accepted accounting principles consistently applied and setting forth in each
case in comparative form the figures for the previous fiscal year, all in reasonable detail and certified by independent public accountants of recognized national standing selected by the Company’s Board of Directors or such other accounting
firm as is reasonably acceptable to holders of a majority of the Shares. 

  
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 2.2 Additional Information and Rights. 

(a) The Company will furnish, upon request, to each Holder, as soon as practicable after the end of the first, second, and third quarterly
accounting periods in each fiscal year of the Company, and in any event within forty five (45) days thereafter, an unaudited consolidated balance sheet of the Company and its subsidiaries, if any, as of the end of each such quarterly period,
and unaudited consolidated statements of income of the Company and its subsidiaries for such period and for the current fiscal year to date, prepared in accordance with generally accepted accounting principles consistently applied, subject to
changes resulting from normal year end audit adjustments, all in reasonable detail, except that such financial statements need not contain the notes required by generally accepted accounting principles; and 

(b) The Company will permit each Holder to visit and inspect the properties of the Company, to examine its books of account and records and to
discuss its affairs, finances and accounts with the Company’s officers and its independent public accountants, all at such reasonable times as may reasonably be requested; provided, however, that the Company shall not be obligated pursuant to
this Section 2.2(b) to provide access to any information that it reasonably considers to be a trade secret or similar confidential information, unless such Holder enters into a confidentiality agreement in form and substance satisfactory to the
Company. 
 2.3 Right of First Refusal. The Company hereby grants to each Major Holder a right of first refusal to purchase up to its
pro rata share of New Securities (as defined in this Section 2.3) which the Company may, from time to time, propose to sell and issue. A Major Holder’s pro rata share, for purposes of this right of first refusal, is the ratio of the number
of shares of Common Stock issuable upon conversion of the Shares owned by such Major Holder immediately prior to the issuance of New Securities, to the total number of shares of Common Stock outstanding immediately prior to the issuance of New
Securities, assuming full conversion of the Shares and exercise of all outstanding rights, options and warrants to acquire Common Stock of the Company, but excluding any unvested portion of such outstanding rights, options and warrants. This right
of first refusal shall be subject to the following provisions: 
 (a) “New Securities” shall mean any capital stock (including
Common Stock and/or Preferred Stock) of the Company whether now authorized or not, and rights, options or warrants to purchase such capital stock, and securities of any type whatsoever that are, or may become, convertible into or exercisable for
capital stock; provided that the term “New Securities” does not include (i) securities issued upon conversion of the Shares; (ii) securities issued pursuant to the acquisition of another business entity or business segment of any
such entity by the Company by merger, or purchase of technology or other license rights; (iii) up to 54,200,310 shares of Common Stock to employees, directors, consultants or advisors under stock option, stock bonus or stock purchase plans or
agreements or similar plans or agreements approved by the Company’s Board of Directors (including the nominees of Investors) (which number includes 14,708,711 shares of Common Stock issued and outstanding as of the date hereof as a result of
exercises of options and direct grants of stock under such plans), provided that any options to purchase shares of Common 

  
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CORPORATION 
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Stock that expire or terminate pursuant to their terms or any stock repurchased by the Company at cost shall not be counted toward such maximum number unless and until such securities are
regranted pursuant to the terms of any such plan, agreement or arrangement; (iv) securities issued to OEM’s, vendors or customers or to other persons in similar commercial situations with the Company if such issuance is approved by the
Board of Directors (including the nominees of Investors) and provided that such securities are issued for other than primarily equity financing purposes; (v) securities issued to financial institutions or equipment lessors in connection with an
equipment lease, loan or similar transaction approved by the Board of Directors (including the nominees of Investors) and provided that such securities are issued for other than primarily equity financing purposes, provided that the value of shares
or other equity securities subject to such transactions shall be limited to $1,000,000 in the aggregate; (vi) securities issued in a public offering pursuant to a firmly underwritten registration under the Securities Act; (vii) securities
issued in connection with any stock split, stock dividend or recapitalization of the Company; (viii) any right, option or warrant to acquire any security convertible into the securities excluded from the definition of New Securities pursuant to
subsections (i) through (vii) above; (ix) securities issued pursuant to the Series H Agreement, and (x) securities issued in a transaction in which (A) all Major Holders and their affiliates are treated in the same
manner with respect to their rights under this Section 2.3; and (B) this right of first refusal has been expressly waived by the holders of at least a majority of the then outstanding Shares held by all Major Holders, including
(i) Third Point Partners, L.P., Third Point Partners Qualified, L.P., Third Point Offshore Fund, Ltd., Third Point Ultra Ltd. and their respective affiliated entities (collectively, “Third Point”) and (ii) Holders advised by
Wellington Management Company, LLP. 
 (b) In the event the Company proposes to undertake an issuance of New Securities, it shall give each
Major Holder written notice of its intention, describing the type of New Securities, and their price and the general terms upon which the Company proposes to issue the same. Each Major Holder shall have ten (10) business days after any such
notice is mailed or delivered to agree to purchase all or any portion of such Major Holder’s pro rata share of such New Securities for the price and upon the terms specified in the notice by giving written notice to the Company and stating
therein the quantity of New Securities to be purchased. The Company shall promptly, in writing, inform each Major Holder that elects to purchase all the shares available to it (a “Fully-Exercising Investor”) of any other Major
Holder’s failure to do likewise. During the two (2) business day period commencing after such information is given, each Fully-Exercising Investor may elect to purchase up to that portion of the New Securities for which Major Holders were
entitled to subscribe but which were not subscribed for by the Major Holders (“Over-Allotment Right”) that is equal to the proportion that the number of shares of Common Stock issued and held, or issuable upon conversion of Preferred Stock
then held, by such Fully-Exercising Investor bears to the total number of shares of Common Stock issued and held, or issuable upon conversion of the Preferred Stock then held, by all Fully-Exercising Investors who wish to purchase some of the
unsubscribed shares. 

  
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CORPORATION 
 AMENDED AND RESTATED INVESTORS’
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 (c) In the event the Major Holders fail to exercise fully the right of first refusal within the
applicable period, the Company shall have ninety (90) days thereafter to sell or enter into an agreement (pursuant to which the sale of New Securities covered thereby shall be closed, if at all, within ninety (90) days from the date of
such agreement) to sell the New Securities respecting which the Major Holders’ right of first refusal option set forth in this Section 2.3 was not exercised, at a price and upon terms no more favorable to the purchasers thereof than
specified in the Company’s notice to Major Holders pursuant to Section 2.3(b). In the event the Company has not sold within such ninety (90) day period or entered into an agreement to sell the New Securities in accordance with the
foregoing within ninety (90) days from the date of such agreement, the Company shall not thereafter issue or sell any New Securities, without first again offering such securities to the Major Holders in the manner provided in
Section 2.3(b) above. 
 (d) The right of first refusal set forth in this Section 2.3 may not be assigned or transferred, except
that (i) such right is assignable by each Major Holder to (A) if the Major Holder is a partnership, partners, retired partners or affiliates of such Major Holder, including a limited partnership, fund, limited liability company or other
investment entity managed by or under common investment management with such Major Holder; (B) if the Major Holder is a limited liability company, any member, former member or affiliates of such Major Holder, including a limited partnership,
fund, limited liability company or other investment entity managed by or under common investment management with such Major Holder; (C) if the Major Holder is a corporation, any affiliated entity of such Major Holder, or (D) any other
affiliate or entity that is, within the meaning of the Securities Act, controlling, controlled by or under common control with, any such Major Holder, and (ii) such right is assignable between and among any of the Major Holders. 

2.4 Stock Option Pool; Vesting. Unless otherwise approved by the Company’s Board of Directors, all service providers, including
but not limited to employees and consultants, of the Company who shall purchase or receive options to purchase shares of the Company’s Common Stock following the date hereof shall be required to execute stock purchase or option agreements in a
form approved by the Board of Directors providing for vesting of such shares over a forty-eight (48) month period at the rate of twenty-five percent (25%) of the shares one year from the date of hire and 1/48th of the shares per month
thereafter and providing further for a right of repurchase in favor of the Company or its assigns with respect to future sales of such Common Stock by such persons. If such service providers are permitted to exercise unvested shares pursuant to
their applicable stock purchase or option agreement, the repurchase option shall provide that upon termination of the service arrangement with such service provider, with or without cause, the Company or its assignee (to the extent permissible under
applicable securities laws) retains the option to repurchase any unvested shares held by such service provider at the lesser of cost or the then fair value. Notwithstanding anything to the forgoing to the contrary, unless otherwise approved by the
Company’s Board of Directors, grants to Company’s advisory board members will vest ratably over a two-year period. 
 2.5 Board
of Director Meetings and Other Events; Expenses. The Company shall reimburse non-employee directors for their out-of-pocket travel expenses reasonably incurred in connection with attendance at board meetings (including any meeting of committees
of the Board of Directors) and any other pre-approved meetings or events attended on the Company’s behalf and at the request of the Company. Such travel reimbursement shall be consistent with the Company’s travel reimbursement policies for
its own employees. 

  
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 AMENDED AND RESTATED INVESTORS’
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 -19- 

 2.6 Proprietary Information and Inventions Agreement. The Company shall require all
employees and consultants to execute and deliver a Proprietary Information and Inventions Agreement substantially in a form approved by the Company’s counsel or Board of Directors. 

2.7 Directors’ Liability and Indemnification. The Company’s Certificate of Incorporation and Bylaws, in each case as may be
amended from time to time, shall provide (a) for elimination of the liability of directors to the maximum extent permitted by law and (b) for indemnification of directors for acts on behalf of the Company to the maximum extent permitted by
law. The Company shall enter into indemnification agreements with each of its directors. The Company shall obtain and maintain in full force and effect director and officer liability insurance in amounts deemed appropriate by the Company’s
Board of Directors unless the Board (including nominees of the Investors) determines that procuring such insurance is not in the best interest of the Company. 

2.8 Reservation of Common Stock. The Company will at all times reserve and keep available, solely for issuance and delivery upon the
conversion of the Shares, all Common Stock issuable from time to time upon such conversion. 
 2.9 Employee Matters. Subject to
general principles related to wrongful termination of employees, the employment of each officer and employee of the Company shall be terminable at the will of the Company and each employee’s offer letter or other employment agreements will
explicitly state that the employment is “at will”. No employee or consultant of the Company shall be granted the right to any material compensation, severance or option acceleration following termination of employment or termination of the
consulting relationship with the Company without the approval of the Company’s Board of Directors (which shall include the nominees of the Investors). All compensation of the Company’s officers will be determined by a compensation
committee elected by the Company’s Board of Directors (which shall initially be comprised of the nominees of Bay Partners, Norwest Venture Partners and Third Point). All employees in the Company’s subsidiary in India will enter into
non-compete agreements on the Company’s standard form, a copy of which has been provided to the Investors. 
 2.10 Right to Conduct
Activities. The Company hereby agrees and acknowledges that certain of the Investors are professional investment funds (the “Professional Investors”), and as such invest in numerous portfolio companies, some of which may be deemed
competitive with the Company’s business (as currently conducted or as currently proposed to be conducted). The Company hereby agrees that, to the extent permitted under applicable law, neither the Professional Investors nor their affiliates
shall be liable to the Company for any claim arising out of, or based upon, (a) the investment by the Professional Investors or their affiliates in any entity competitive with the Company, or (b) actions taken by any partner, officer or
other representative of the Professional Investors or its affiliates to assist any such competitive company, whether or not such action was taken as a member of the board of directors of such competitive company or otherwise,

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
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 -20- 

 
and whether or not such action has a detrimental effect on the Company; provided, however that the foregoing shall not relieve (x) the Professional Investors or any party from liability
associated with the willful misuse of the Company’s confidential information obtained pursuant to Sections 2.1 or 2.2 hereof, or (ii) any director or officer of the Company from any liability associated with his or her fiduciary
duties to the Company. 
 2.11 Voting Agreement. The Company covenants and agrees to cause each future employee of the Company who is
granted stock award(s) or stock option(s) to purchase such number of shares of Common Stock equal to more than 1% of the fully diluted capital stock of the Company as of the date hereof to sign a counterpart signature page to the Amended and
Restated Voting Agreement dated as of the date hereof between the Company and certain of its stockholders, and such employee shall be bound as a Stockholder or an Optionholder, as applicable, thereunder. 

2.12 Termination of Covenants. The covenants set forth in this Section 2 shall terminate and be of no further force and effect
after the time of effectiveness of the Company’s Qualified Public Offering; provided, further, that the covenants set forth in Section 2.3 (Right of First Refusal) shall also terminate and be of no further force and effect upon the closing
of the Company’s sale of all or substantially all of its assets or the acquisition of the Company by another entity by means of merger (other than a mere reincorporation), consolidation or other transaction or series of related transactions
resulting in the exchange of the outstanding shares of the Company’s capital stock such that the stockholders of the Company prior to such transaction own, directly or indirectly, less than fifty percent (50%) of the voting power of the
surviving entity. 
 SECTION 3

MISCELLANEOUS 
 3.1
Governing law. This Agreement shall be governed in all respects by the laws of the State of Delaware, as if entered into by and between Delaware residents exclusively for performance entirely within Delaware. 

3.2 Successors and Assigns. Except as otherwise expressly provided herein, the provisions hereof shall inure to the benefit of, and be
binding upon, the successors, assigns, heirs, executors and administrators of the parties hereto. 
 3.3 Entire Agreement; Amendment;
Waiver. This Agreement constitutes the full and entire understanding and agreement between the parties with regard to the subjects hereof and thereof. Neither this Agreement nor any term hereof may be amended, waived, discharged or terminated,
except by a written instrument signed by the Company and by holders of a majority of the Shares (which solely with respect to terms in Section 1 shall include Shares held by the Investors listed on Schedule A-1); provided, however,
(i) that Section 1.1(k)(iv) shall not be amended without the approval of holders of a majority of the outstanding shares of Registrable Securities held by the Stockholders; (ii) that Sections 1.9 and 1.13 shall not be amended
without the consent of the holders 

  
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of at least two-thirds of the then outstanding shares of Registrable Securities; (iii) that any amendment or waiver that affects the Holders of the Series C Preferred Stock,
Series D Preferred Stock, Series E Preferred Stock, Series F Preferred Stock, Series G Preferred Stock, or Series H Preferred Stock shall not be effective without the consent of the holders of at least seventy percent
(70%) of the Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock, Series F Preferred Stock, Series G Preferred Stock, or Series H Preferred Stock, as applicable; and (iv) that the
right of first refusal to purchase New Securities of the Company provided for in Section 2.3 cannot be waived with respect to any Holder advised by Wellington Management Company, LLP without the written consent of such Holder; provided,
further, that any amendment or waiver which would materially and adversely affect any Holder in a manner that is disproportionate to the other Holders will be binding upon and enforceable against such Holder only with its prior written consent.
Except as set forth in this Section 3.3, any such amendment, waiver, discharge or termination shall be binding on all the Holders (including the Investors listed on Schedule A-1). 

3.4 Notices, etc. Unless otherwise provided, any notice required or permitted under this Agreement shall be given in writing
(a) if to an Investor, as indicated on the Schedule of Investors attached hereto as Schedule A and Schedule A-1, or at such other address as such holder shall have furnished to the Company in writing ten
(10) days prior to any notice to be given hereunder, (b) if to the Company, at its principal office, Attention: Chief Executive Officer, or at such other address as the Company shall furnish to each Investor in writing ten (10) days
prior to any notice to be given hereunder with copies (which shall not constitute notice) to David J. Segre and Mark B. Baudler, Wilson Sonsini Goodrich & Rosati, P.C., 650 Page Mill Road, Palo Alto, California 94304, or (c) if to a
Stockholder, as indicated on the signature page hereto, or at such other address as the Stockholder shall furnish to the Company in writing ten (10) days prior to any notice to be given hereunder. All such notices and other written
communications shall be deemed effectively given upon personal delivery to the party to be notified (or upon the date of attempted delivery where delivery is refused) or, if sent by electronic mail or telecopier, telex, telegram, or other facsimile
means, upon receipt of appropriate written confirmation of receipt, or five (5) days after deposit with the United States Postal Service, by registered or certified mail, or one (1) day after deposit with next day air courier, with postage
and fees prepaid and addressed to the party entitled to such notice. 
 3.5 Delays or Omissions. No delay or omission to exercise any
right, power or remedy accruing to any Holder, upon any breach or default of the Company under this Agreement shall impair any such right, power or remedy of such Holder nor shall it be construed to be a waiver of any such breach or default, or an
acquiescence therein, or of or in any similar breach or default thereafter occurring; nor shall any waiver of any single breach or default be deemed a waiver of any other breach or default therefore or thereafter occurring. Any waiver, permit,
consent or approval of any kind or character on the part of any Holder of any breach or default under this Agreement or any waiver on the part of any Holder of any provisions or conditions of this Agreement must be made in writing and shall be
effective only to the extent specifically set forth in such writing. All remedies, either under this Agreement or by law or otherwise afforded to any Holder, shall be cumulative and not alternative. 

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 -22- 

 3.6 Rights; Separability. Unless otherwise expressly provided herein, a Holder’s
rights hereunder are several rights, not rights jointly held with any of the other Holders. In case any provision of the Agreement shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions
shall not in any way be affected or impaired thereby. 
 3.7 Information Confidential. Each Holder acknowledges that the information
received by them pursuant hereto may be confidential and for its use only, and it will not use such confidential information in violation of the Exchange Act or reproduce, disclose or disseminate such information to any other person (other than its
employees or agents having a need to know the contents of such information, and its attorneys), except in connection with the exercise of rights under this Agreement, unless the Company has made such information available to the public generally or
such Holder is required to disclose such information by a governmental body, and provided that any Holder may provide financial information to its partners or members as required by any partnership agreement or limited liability operating agreement,
so long as any such partner or member agrees to treat this information as confidential information and to take no less care to protect the confidentiality of such information as such partner or member takes to protect its own confidential
information. 
 3.8 Titles and Subtitles. The titles of the paragraphs and subparagraphs of this Agreement are for convenience of
reference only and are not to be considered in construing this Agreement. 
 3.9 Counterparts. This Agreement may be executed in any
number of counterparts (including by facsimile or electronic transmission), each of which shall be an original, but all of which together shall constitute one instrument. 

3.10 Aggregation of Stock. All shares of Registrable Securities held or acquired by affiliated entities or persons shall be aggregated
together for the purpose of determining the availability of any rights under this Agreement. 
 3.11 Subsequent Closings. In the
event that the Company shall conduct subsequent sales of Series H Preferred Stock pursuant to and in accordance with the terms of the Series H Agreement, any holder of such shares of Series H Preferred Stock shall be deemed an
Investor with all of the rights of an Investor under this Agreement; provided, that as a condition thereto such Investor shall sign and deliver a counterpart signature page to this Agreement and the Company may update the Schedule of Investors
attached hereto as Schedule A to include such new Investor without the consent of the Investors. 
 3.12 Prior Agreement.
The Prior Agreement is hereby amended in its entirety and restated herein. All provisions of, rights granted and covenants made in the Prior Agreement are hereby waived, released and superseded in their entirety and shall have no further force or
effect. 

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 -23- 

 3.13 Waiver of Right of First Refusal. Each Investor holding a right of first refusal to
purchase new securities of the Company pursuant to Section 2.3 of the Prior Agreement (the “Existing Rights Holders”), by such party’s execution of this Agreement, hereby (i) waives, on behalf of itself and all other
Investors, any and all rights it may have pursuant to such section to receive notice of the sale of the Series H Preferred Stock and to purchase any portion of the Series H Preferred Stock other than the number of shares of Series H
Preferred Stock, if any, it is purchasing under the Series H Agreement and (ii) acknowledges that such Existing Rights Holder has received adequate notice of the Company’s intention to issue shares of its Series H Preferred
Stock. 
 [Remainder of page intentionally left blank; signature pages follow.] 

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 -24- 

 IN WITNESS WHEREOF, the parties hereto have executed this Amended and Restated Investors’
Rights Agreement effective as of the day and year first above written. 
  

			
	 APIGEE CORPORATION,
 a
Delaware corporation

		
	By	 	/s/ Chet Kapoor
		 	 Chet Kapoor

Chief Executive Officer

 [Investors’ signature pages follow.] 

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGES 

 

			
	INVESTORS:
	
	Alpha Opportunities Fund
	
	By: Wellington Management Company, LLP, as
	investment adviser
		
	By:	 	/s/ Steven M. Hoffman

 
			
	Its: Steven M. Hoffman, Vice President and Counsel
	
	Address: c/o Wellington Management Company, LLP
	280 Congress Street
	Boston, Massachusetts 02210
		
	Phone:	 	(617) 790-7770
		
	Fax:	 	(617) 289-5699
	
	Mid Cap Stock Trust
	
	By: Wellington Management Company, LLP, as
	investment adviser

 
			
		
	By:	 	/s/ Steven M. Hoffman

 
			
	Its: Steven M. Hoffman, Vice President and Counsel
	
	Address: c/o Wellington Management Company, LLP
	280 Congress Street
	Boston, Massachusetts 02210
		
	Phone:	 	(617) 790-7770
		
	Fax:	 	(617) 289-5699

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

			
	 INVESTORS:

	
	 Alpha Opportunities Trust

	
	 By: Wellington Management Company, LLP, as

	 investment adviser

		
	 By:
	 	/s/ Steven M. Hoffman

 
			
	 Its: Steven M. Hoffman, Vice President and Counsel

	
	Address: c/o Wellington Management Company, LLP
	 280 Congress Street

	 Boston, Massachusetts 02210

		
	 Phone:
	 	(617) 790-7770
		
	 Fax:
	 	(617) 289-5699
	
	 Northeast Utilities Service Company Master

	 Trust
	 	
	
	 By: Wellington Management Company, LLP, as

	 investment adviser

 
			
		
	 By:
	 	/s/ Steven M. Hoffman

 
			
	 Its: Steven M. Hoffman, Vice President and Counsel

	
	Address: c/o Wellington Management Company, LLP
	 280 Congress Street

	 Boston, Massachusetts 02210

		
	 Phone:
	 	(617) 790-7770
		
	 Fax:
	 	(617) 289-5699

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

			
	 INVESTORS:

	
	 Hartford Global Capital Appreciation Fund

	
	 By: Wellington Management Company, LLP, as

	 investment adviser

		
	 By:
	 	/s/ Steven M. Hoffman

 
			
	 Its: Steven M. Hoffman, Vice President and Counsel

	
	Address: c/o Wellington Management Company, LLP
	 280 Congress Street

	 Boston, Massachusetts 02210

		
	 Phone:
	 	(617) 790-7770
		
	 Fax:
	 	(617) 289-5699
	
	 Optimum Small-Mid Cap Growth Fund

	
	 By: Wellington Management Company, LLP, as

	 investment adviser

 
			
		
	 By:
	 	/s/ Steven M. Hoffman

 
			
	 Its: Steven M. Hoffman, Vice President and Counsel

	
	Address: c/o Wellington Management Company, LLP
	 280 Congress Street

	 Boston, Massachusetts 02210

		
	 Phone:
	 	(617) 790-7770
		
	 Fax:
	 	(617) 289-5699

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

			
	 INVESTORS:

	
	 Hartford Growth Opportunities HLS Fund

	
	 By: Wellington Management Company, LLP, as

	 investment adviser

		
	 By:
	 	/s/ Steven M. Hoffman

 
			
	 Its: Steven M. Hoffman, Vice President and Counsel

	
	Address: c/o Wellington Management Company, LLP
	 280 Congress Street

	 Boston, Massachusetts 02210

		
	 Phone:
	 	(617) 790-7770
		
	 Fax:
	 	(617) 289-5699
	
	 Quissett Investors (Bermuda) L.P.

	
	 By: Wellington Management Company, LLP, as

	 investment adviser

 
			
		
	 By:
	 	/s/ Steven M. Hoffman

 
			
	 Its: Steven M. Hoffman, Vice President and Counsel

	
	Address: c/o Wellington Management Company, LLP
	 280 Congress Street

	 Boston, Massachusetts 02210

		
	 Phone:
	 	(617) 790-7770
		
	 Fax:
	 	(617) 289-5699

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
			
	INVESTORS:
	
	Hartford Small Company HLS Fund
	
	By: Wellington Management Company, LLP, as investment adviser
		
	By:	 	/s/ Steven M. Hoffman

 
			
	Its: Steven M. Hoffman, Vice President and Counsel

 
			
	
	Address: c/o Wellington Management Company, LLP
280 Congress Street
Boston, Massachusetts 02210
		
	Phone:	 	(617) 790-7770
		
	Fax:	 	(617) 289-5699
	
	Quissett Partners, L.P.
	
	By: Wellington Management Company, LLP, as investment adviser

 
			
		
	By:	 	/s/ Steven M. Hoffman

 
			
	Its: Steven M. Hoffman, Vice President and Counsel

 
			
	
	Address: c/o Wellington Management Company, LLP
280 Congress Street
Boston, Massachusetts 02210
		
	Phone:	 	(617) 790-7770
		
	Fax:	 	(617) 289-5699

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
			
	INVESTORS:
	
	John Hancock Funds II Small Cap Growth Fund
	
	By: Wellington Management Company, LLP, as investment adviser
		
	By:	 	/s/ Steven M. Hoffman

 
			
	Its: Steven M. Hoffman, Vice President and Counsel

 
			
	
	Address: c/o Wellington Management Company, LLP
280 Congress Street
Boston, Massachusetts 02210
		
	Phone:	 	(617) 790-7770
		
	Fax:	 	(617) 289-5699
	
	The Hartford Capital Appreciation Fund
	
	By: Wellington Management Company, LLP, as investment adviser

 
			
		
	By:	 	/s/ Steven M. Hoffman

 
			
	Its: Steven M. Hoffman, Vice President and Counsel

 
			
	
	Address: c/o Wellington Management Company, LLP
280 Congress Street
Boston, Massachusetts 02210
		
	Phone:	 	(617) 790-7770
		
	Fax:	 	(617) 289-5699

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
			
	INVESTORS:
	
	John Hancock Pension Plan
	
	By: Wellington Management Company, LLP, as investment adviser
		
	By:	 	/s/ Steven M. Hoffman

 
			
	Its: Steven M. Hoffman, Vice President and Counsel

 
			
	
	Address: c/o Wellington Management Company, LLP
280 Congress Street
Boston, Massachusetts 02210
		
	Phone:	 	(617) 790-7770
		
	Fax:	 	(617) 289-5699
	
	The Hartford Growth Opportunities Fund
	
	By: Wellington Management Company, LLP, as investment adviser

 
			
		
	By:	 	/s/ Steven M. Hoffman

 
			
	Its: Steven M. Hoffman, Vice President and Counsel

 
			
	
	Address: c/o Wellington Management Company, LLP
280 Congress Street
Boston, Massachusetts 02210
		
	Phone:	 	(617) 790-7770
		
	Fax:	 	(617) 289-5699

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
			
	INVESTORS:
	
	John Hancock Variable Insurance Trust
	
	Small Cap Growth Trust
	
	By: Wellington Management Company, LLP, as investment adviser
		
	By:	 	/s/ Steven M. Hoffman

 
			
	Its: Steven M. Hoffman, Vice President and Counsel
	
	Address: c/o Wellington Management Company, LLP
280 Congress Street
Boston, Massachusetts 02210
		
	Phone:	 	(617) 790-7770
		
	Fax:	 	(617) 289-5699
	
	The Hartford Small Company Fund
	
	By: Wellington Management Company, LLP, as investment adviser

 
			
		
	By:	 	/s/ Steven M. Hoffman

 
			
	Its: Steven M. Hoffman, Vice President and Counsel
	
	Address: c/o Wellington Management Company, LLP
280 Congress Street
Boston, Massachusetts 02210
		
	Phone:	 	(617) 790-7770
		
	Fax:	 	(617) 289-5699

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
			
	INVESTORS:
	
	Mid Cap Stock Fund
	
	By: Wellington Management Company, LLP, as investment adviser
		
	By:	 	/s/ Steven M. Hoffman

 
			
	Its: Steven M. Hoffman, Vice President and Counsel
	
	Address: c/o Wellington Management Company, LLP
280 Congress Street
Boston, Massachusetts 02210
		
	Phone:	 	(617) 790-7770
		
	Fax:	 	(617) 289-5699
	
	By: Wellington Management Company, LLP, as investment adviser

 
			
		
	By:	 	/s/ Steven M. Hoffman

 
			
	Its: Steven M. Hoffman, Vice President and Counsel
	
	Address: c/o Wellington Management Company, LLP
280 Congress Street
Boston, Massachusetts 02210
		
	Phone:	 	(617) 790-7770
		
	Fax:	 	(617) 289-5699

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
			
	INVESTORS:
	
	PINE RIVER MASTER FUND LTD.
	
	By: Pine River Capital Management L.P.
	Its: Investment Manager
		
	Name:	 	/s/ Jeff Stolt
		 	Jeff Stolt
	Title:	 	Chief Financial Officer
	
	NISSWA ACQUISITION MASTER FUND LTD.
	
	By: Pine River Capital Management L.P.
	Its: Investment Manager
		
	Name:	 	/s/ Jeff Stolt
		 	Jeff Stolt
	Title:	 	Chief Financial Officer

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
			
	INVESTORS:
	
	BlackRock Global Long/Short Equity Fund, a series of BlackRock Funds
	
	By: BlackRock Advisors, LLC
	Its: Investment Adviser
		
	By:	 	/s/ Raffaele Savi
	Printed Name: Raffaele Savi
	Title:	 	Managing Director
	
	BlackRock Small Cap Growth Equity
	Portfolio, a series of BlackRock Funds
	
	By: BlackRock Advisors, LLC
	Its: Investment Adviser
		
	By:	 	/s/ Raffaele Savi
	Printed Name: Raffaele Savi
	Title:	 	Managing Director
	
	BlackRock Master Small Cap Growth
	Portfolio, a series of BlackRock Master LLC
	
	By: BlackRock Advisors, LLC
	Its: Investment Adviser
		
	By:	 	/s/ Raffaele Savi
	Printed Name: Raffaele Savi
	Title:	 	Managing Director

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
			
	INVESTORS:
	
	The 32 Capital Master Fund SPC Ltd,
	acting for and on behalf of Global Market
	Neutral Segregated Portfolio
	
	By: BlackRock Institutional Trust Company, N.A.
	Its: Investment Manager
		
	By:	 	/s/ Raffaele Savi
	Printed Name: Raffaele Savi
	Title:	 	Managing Director

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
			
	INVESTORS:
	
	NORWEST VENTURE PARTNERS VIII, LP
	By: Itasca VC Partners VIII, LLP, General Partner
		
	By:	 	NVP Associates, LLC,
		 	Managing Member
		
	By:	 	/s/ Bill Myers
		 	Bill Myers
	
	NORWEST VENTURE PARTNERS IX, LP
	By: Genesis VC Partners IX, LLC, General Partner
		
	By:	 	NVP Associates, LLC,
		 	Managing Member
		
	By:	 	/s/ Bill Myers
		 	Bill Myers
	
	NORWEST VENTURE PARTNERS XI, LP
	By: Genesis VC Partners XI, LLC, General Partner
		
	By:	 	NVP Associates, LLC,
		 	Managing Member
		
	By:	 	/s/ Bill Myers
		 	Bill Myers

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
			
	INVESTORS:
	
	THIRD POINT PARTNERS, L.P.
	By: Third Point LLC, as investment advisor
		
	By:	 	/s/    James P Gallagher        
	Name:	 	James P Gallagher
	Its:	 	CAO
	
	THIRD POINT PARTNERS QUALIFIED, L.P.
	By: Third Point LLC, as investment advisor
		
	By:	 	/s/    James P Gallagher        
	Name:	 	James P Gallagher
	Its:	 	CAO
	
	THIRD POINT OFFSHORE MASTER FUND, L.P.
	By: Third Point LLC, as investment advisor
		
	By:	 	/s/    James P Gallagher        
	Name:	 	James P Gallagher
	Its:	 	CAO
	
	THIRD POINT ULTRA MASTER FUND L.P.
	By: Third Point LLC, as investment advisor
		
	By:	 	/s/    James P Gallagher        
	Name:	 	James P Gallagher
	Its:	 	CAO

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
			
	INVESTORS:
	
	SAP VENTURES FUND I HOLDINGS, LLC,
	A DELAWARE LIMITED LIABILITY COMPANY
	
	By: SAP Ventures Fund I, L.P., a Delaware limited partnership its sole member
	
	By: SAP Ventures GPE (I), L.L.C., a Delaware limited liability company its general partner
		
	By:	 	/s/ Jai Das
	Name:	 	Jai Das
	Title:	 	Managing Member
	
	SAP VENTURES FUND I HOLDINGS, LLC,
	A DELAWARE LIMITED LIABILITY COMPANY
	
	By: SAP Ventures Fund I, L.P., a Delaware limited partnership its sole member
	
	By: SAP Ventures GPE (I), L.L.C., a Delaware limited liability company its general partner
		
	By:	 	/s/ Nino Marakovic
	Name:	 	Nino Marakovic
	Title:	 	Managing Member

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
			
	INVESTORS:
	
	FOCUS VENTURES III, L.P.
	By: Focus Ventures Partners III, LLC, its General Partner
		
	By:	 	/s/ James Boettcher
	Name:	 	James Boettcher, Managing Member
	
	FV INVESTORS III, L.P.
	By: Focus Ventures Partners III, LLC, its General Partner
		
	By:	 	/s/ James Boettcher
	Name:	 	James Boettcher, Managing Member

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
			
	INVESTORS:
	
	ENTREPRENEURS CAPITAL FUND VIII, LP
	By:	 	Vilicus Ventures, LLC, its General Partner
		
	By:	 	/s/ Jon P. Otterstatter
	Its:	 	Jon P. Otterstatter, Managing Partner
	
	ENTREPRENEURS CAPITAL FUND IX, LP
	By:	 	Vilicus Ventures, LLC, its General Partner
		
	By:	 	/s/ Jon P. Otterstatter
	Its:	 	Jon P. Otterstatter, Managing Partner

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
			
	INVESTORS:
	
	BAY PARTNERS X, L.P.
	By: Bay Management Company X, LLC, its General Partner
		
	By:	 	/s/ Neal Dempsey
	Its:	 	Manager
	
	BAY PARTNERS X ENTREPRENEURS FUND, L.P.
	By: Bay Management Company X, LLC, its General Partner
		
	By:	 	/s/ Neal Dempsey
	Its:	 	Manager

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
			
	INVESTORS:
	
	SAIYED ATIQ RAZA AND NOREEN
	TIRMIZI RAZA, TRUSTEES, N & A RAZA
	REVOCABLE TRUST, U/A/D/03/22/1997
	
	/s/    S. Atiq Raza        
	S. Atiq Raza, Trustee
	
	/s/    Noreen T. Raza        
	Noreen T. Raza, Trustee
	
	RAZA FAMILY LLC
		
	By:	 	/s/ S. Atiq Raza
	Name:	 	S. Atiq Raza
	Its:	 	Managing Member

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
	
	INVESTORS:
	
	/s/    Ravishankar Chandrasekaran        
	Ravishankar Chandrasekaran

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
			
	INVESTORS:
	
	ACCENTURE LLP, represented by Accenture Inc., Managing Partner
		
	By:	 	/s/ Ronald J. Robert
	Name: Ronald J. Robert
	Title: Secretary

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
	
	INVESTORS:
	
	/s/ Alberto Yepez
	Alberto Yepez

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
	
	INVESTORS:
	
	/s/ Arvind Sinha
	Arvind Sinha

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 
	
	STOCKHOLDERS:
	
	/s/ S. Atiq Raza
	S. Atiq Raza

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SIGNATURE PAGE 

 SCHEDULE A 

LIST OF INVESTORS 
 Name:

 Snailmarker & Co.  
 (for benefit of:
Alpha Opportunities Fund) 
 Wellington Management Company, LLP 

280 Congress Street 
 Boston, MA 02210 

Attn: Emily D. Babalas 
 Snaildive & Co.

 (for benefit of: Alpha Opportunities Trust) 
 Wellington
Management Company, LLP 
 280 Congress Street 
 Boston, MA
02210 
 Attn: Emily D. Babalas 
 Snailcreek &
Co. 
 (for benefit of: John Hancock Funds IISmall Cap Growth Fund) 

Wellington Management Company, LLP 
 280 Congress Street 

Boston, MA 02210 
 Attn: Emily D. Babalas 

Stormbeach & Co.  
 (for benefit of: John Hancock
Pension Plan) 
 Wellington Management Company, LLP 
 280
Congress Street 
 Boston, MA 02210 
 Attn: Emily D. Babalas

 Beachcraft & Co.  
 (for benefit of: John
Hancock Variable Insurance Trust Small Cap Growth Trust) 
 Wellington Management Company, LLP 

280 Congress Street 
 Boston, MA 02210 

Attn: Emily D. Babalas 

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SA-1 

 Name: 

Snailreef & Co. 
 (for benefit of: Mid Cap Stock
Fund) 
 Wellington Management Company, LLP 
 280 Congress
Street 
 Boston, MA 02210 
 Attn: Emily D. Babalas 

Cudd & Co.  
 (for benefit of: Hartford Global
Capital Appreciation Fund) 
 Wellington Management Company, LLP 

280 Congress Street Boston, MA 02210 
 Attn: Emily D. Babalas 

Cudd & Co.  
 (for benefit of: Hartford Growth
Opportunities HLS Fund) 
 Wellington Management Company, LLP 

280 Congress Street 
 Boston, MA 02210 

Attn: Emily D. Babalas 
 Cudd & Co.  

(for benefit of: Hartford Small Company HLS Fund) 
 Wellington
Management Company, LLP 
 280 Congress Street 
 Boston, MA
02210 
 Attn: Emily D. Babalas 
 Cudd & Co.

 (for benefit of: The Hartford Capital Appreciation Fund) 

Wellington Management Company, LLP 
 280 Congress Street 

Boston, MA 02210 
 Attn: Emily D. Babalas 

Cudd & Co. 
 (for benefit of: The Hartford Growth
Opportunities Fund) 
 Wellington Management Company, LLP 
 280
Congress Street 
 Boston, MA 02210 
 Attn: Emily D. Babalas

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SA-2 

 Name: 

Cudd & Co. 
 (for benefit of: The Hartford Small
Company Fund) 
 Wellington Management Company, LLP 
 280
Congress Street 
 Boston, MA 02210 
 Attn: Emily D. Babalas

 Tunaship & Co.  
 (for benefit of: Mid Cap
Stock Trust) 
 Wellington Management Company, LLP 
 280
Congress Street 
 Boston, MA 02210 
 Attn: Emily D. Babalas

 Mac & Co.  
 (for benefit of: Northeast
Utilities Service Company Master Trust) 
 Wellington Management Company, LLP 

280 Congress Street 
 Boston, MA 02210 

Attn: Emily D. Babalas 
 Mac & Co.  

(for benefit of: Optimum Small-Mid Cap Growth Fund) 
 Wellington
Management Company, LLP 
 280 Congress Street 
 Boston, MA
02210 
 Attn: Emily D. Babalas 
 Quissett Investors
(Bermuda) L.P.  
 Wellington Management Company, LLP 
 280
Congress Street 
 Boston, MA 02210 
 Attn: Emily D. Babalas

 Quissett Partners, L.P.  
 Wellington Management
Company, LLP 
 280 Congress Street 
 Boston, MA 02210 

Attn: Emily D. Babalas 

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SA-3 

 Name: 

Pine River Master Fund Ltd. 
 c/o Pine River Capital
Management L.P. 
 Attn: Legal 
 601 Carlson Parkway, Suite 330

 Minnetonka, MN 55305 
 Nisswa Acquisition Master Fund
Ltd.  
 c/o Pine River Capital Management L.P. 
 Attn:
Legal 
 601 Carlson Parkway, Suite 330 
 Minnetonka, MN 55305

 The 32 Capital Master Fund SPC Ltd.  
 55 East 52nd
Street, 6th Floor New York, NY 10055 
 Attn: Jonathan Ross 

Telephone: (212) 810-3248 
 Fax: 

Email: jonathan.ross@blackrock.com 
 BlackRock Global
Long/Short Equity Fund, a series of BlackRock Funds 
 BlackRock Small Cap Growth Equity Portfolio, a series of BlackRock Funds 

BlackRock Master Small Cap Growth Portfolio, a series of BlackRock Master LLC  

c/o BlackRock Advisors, LLC 
 Scientific Active Equity Group 

400 Howard Street 
 San Francisco, CA 94105 

Attn: Raffaele Savi 
 Email: raffaele.savi@blackrock.com 

With a copy (which shall not constitute notice) to: 
 c/o
BlackRock, Inc. 
 Office of the General Counsel 
 40 East 52nd
Street 
 New York, NY 10022 
 Attn: David Maryles and Vincent
Taurassi 
 Email: legaltransactions@blackrock.com 

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SA-4 

 Name: 

Focus Ventures III, L.P. 
 525 University Ave, Ste 1400

 Palo Alto, CA 94301 
 Attn: James H. Boettcher 

Telephone: (650) 325-7400 
 Fax: (650) 325-8400 

Email: Jim@FocusVentures.com 

FV Investors III, L.P.  

525 University Ave, Ste 1400 

Palo Alto, CA 94301 

Attn: James H. Boettcher 

Telephone: (650) 325-7400 

Fax: (650) 325-8400 

Email: Jim@FocusVentures.com 

Third Point Partners, L.P. 

Third Point Partners Qualified, L.P. 

Third Point Offshore Master Fund, L.P. 

Third Point Ultra Master Fund L.P.  

390 Park Avenue 

New York, NY 10022 

Attn: Robert Schwartz 

Telephone: (212) 224-7406 

Fax: (212) 318-2806 

Email:Rob@ThirdPointVentures.com 

SAP Ventures Fund I Holdings, L.L.C.  

3408 Hillview Avenue 

Palo Alto, CA 94304 

Attn: Andrea Scholz 

Telephone: (650) 849-3996 

Fax: (650) 687-9097 

Email: andrea@sapventures.com 

Swadesh Family Trust  

1055 Fremont Avenue 

Los Altos, CA 94024 

Attn: Rajvir Singh 

Telephone: (408) 748-1730 

Email: Rajfiber@aol.com 

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SA-5 

 Name: 

Bay Partners X, LP 
 2180 Sand Hill Road, Suite 345 

Menlo Park, CA 94025 
 Attn: Neal Dempsey 

Telephone: (650) 854-1500 
 Fax: (650) 854-1515 

Email: Neal@baypartners.com 
 Email: Maria@Baypartners.com

 Bay Partners X Entrepreneurs Fund, LP  
 2180 Sand
Hill Road, Suite 345 
 Menlo Park, CA 94025 
 Attn: Neal
Dempsey 
 Telephone: (650) 854-1500 
 Fax:
(650) 854-1515 
 Email: Neal@baypartners.com 

Email: Maria@Baypartners.com 
 Norwest Venture Partners VIII,
LP  
 525 University Ave, Ste 800 
 Palo Alto, CA
94301-1922 
 Attn: Promod Haque 
 Telephone:
(650) 321-8000 
 Fax: (650) 321-8010 

Email:Promod.Haque@nvp.com 
 Norwest Venture Partners IX, LP
 
 525 University Ave, Ste 800 
 Palo Alto, CA 94301-1922

 Attn: Promod Haque 
 Telephone: (650) 321-8000 

Fax: (650) 321-8010 
 Email: Promod.Haque@nvp.com 

Entrepreneurs Capital Fund VIII, LP  
 c/o Vilicus
Ventures, LLC 
 10 South 5th Street, Ste 888 

Minneapolis, MN 55402 
 Attn: Jon P. Otterstatter 

Telephone: (612) 643-5060 
 Email: Jon@VilicusVentures.com

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SA-6 

 Name: 

Entrepreneurs Capital Fund IX, LP 
 c/o Vilicus Ventures,
LLC 
 10 South 5th Street, Ste 888 

Minneapolis, MN 55402 
 Attn: Jon P. Otterstatter 

Telephone: (612) 643-5060 
 Email: Jon@VilicusVentures.com 

Alberto Yepez  
 3067 East Ruby Hill Drive 

Pleasanton, CA 94566 
 Telephone: (408) 691-3990 

Fax: (925) 484-2642 
 Email: Alberto.Yepez@gmail.com 

Goel Family Partnership  
 98 Ridgeview Drive 

Atherton, CA 94027 
 Attn: Prabhu Goel 

Telephone: (650) 224-7729 
 Fax: (650) 854-0593 

Email: Prabhugoel@gmail.com 
 Cherukuri Family Living Trust
 
 5788 Vitero Way 
 San Jose, CA 93138 

Attn: Ravikrishna Cherukuri 
 Telephone: (408) 531-8876 

Fax: (408)748-1732 
 Email: Cvravi@yahoo.com 

GJ Trust  
 c/o Pillsbury Winthrop Shaw Pittman
LLP 
 2550 Hanover Street 
 Palo Alto, CA 94304 

Attn: Jorge del Calvo 
 Telephone: (650) 233-4500 

Fax: (650) 233-4545 
 Email: Jorge@Pillsburylaw.com 

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SA-7 

 Name: 

Evergreen Venture Fund V, LLC 
 c/o Pillsbury Winthrop
Shaw Pittman LLP 
 2550 Hanover Street 
 Palo Alto, CA 94304

 Attn: Jorge del Calvo 
 Telephone: (650) 233-4500 

Fax: (650) 233-4545 
 Email: Jorge@Pillsburylaw.com 

Sridar A. Iyengar Profit Sharing Plan  
 85 Fair Oaks Lane

 Atherton, CA 94027 
 Attn: Sridar A. Iyengar 

Telephone: (650) 324-0428 
 Fax: (650) 321-6234 

Email: Sridar.Iyengar@gmail.com 
 Madhavan Living Trust 

 225 Alameda de las Pulgas 
 Atherton, CA 94027 

Attn: Rajeev Madhavan 
 Telephone: (408) 565-7760 

Fax: (408) 565-7871 
 Email:Rajeev.Madhavan@Reflektion.com

 Raghavan Family Trust  
 21789 Mt Eden Rd. 

Saratoga, CA 95070 
 Attn: Rajan Raghavan 

Telephone: (408) 922-2761 
 Fax: (408) 790-6551 

Email: Rajan@Ekulam.com 
 N&A Raza Revocable Trust

 UAD 03-22-1997  
 1781 Arastradero Road 

Palo Alto, CA 94304 
 Attn: Ati Raza 

Telephone: (408) 434-5502 
 Fax: (408) 434-5599 

Email: Atiq_Raza@yahoo.com 

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SA-8 

 Name: 

Raza Family LLC 
 1781 Arastradero Road 

Palo Alto, CA 94304 
 Attn: Ati Raza 

Telephone: (408) 434-5502 
 Fax: (408) 434-5599 

Email: Atiq_Raza@yahoo.com 
 Avtar Saini  

Savera, Plot 212, 11th Road 

Chembur, Mumbai 400071, India 
 Telephone: (91) 22-25297475

 Email: Av.Saini@gmail.com 
 Sethuram Family Trust 

 27860 Fawn Creek Court 
 Los Altos Hills, CA 94022 

Attn: Jay Sethuram 
 Telephone: (650) 947-4078 

Fax: (650) 947-9078 
 Email: Jay@Sethuram.com 

Arvind Sinha  
 1171 Crestline Drive

 Cupertino, CA 95014 
 Email: Arvind.K.Sinha@gmail.com

 Ravishankar Chandrasekaran  
 17628 Vineland Court

 Monte Sereno, CA 95030 
 Telephone: (408) 206-7028 

Email: Ravi.Chandra@yahoo.com 
 In-Q-Tel, Inc. 

Attn: Matthew Strottman 
 2107 Wilson Boulevard, Ste 1100 

Arlington, VA 22201 
 Telephone: (703) 248-3000 

Fax: (703) 248-3001 
 Email: SSuk@iqt.org 

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SA-9 

 Name: 

Juniper Networks, Inc. 
 1194 N. Mathilda Avenue 

Sunnyvale, CA 94089 
 Attn: General Counsel 

Telephone: (408) 745-2000 
 Fax: (408) 745-2100 

Email: Sgreene@Juniper.net 
 NetOne Systems Co., Ltd. 

 2-2-8 Higashi Shinagawa 
 Shinagawa-ku 

Tokyo Japan 140-8621 
 Attn: Mikio Yanashita 

Telephone: +81-3-5462-0800 ext. 3138 
 Fax: +81-3-5462-0848 

Email: M-Yanashita@Netone.co.jp 
 Satjiv Chahil  

961 Los Altos Avenue 
 Los Altos, CA 94022 

Telephone: (650) 949-5899 
 Fax: (650) 948-2019 

Email: Satjiv@hp.com 
 Alak K. Deb  

3230 Vintage Crest Drive 
 San Jose, CA 95148 

Telephone: (408) 802-2855 
 Fax: (408) 531-1067 

Email: Alak@Xambala.com 
 Ashok Jain  

18630 Allendale Avenue 
 Saratoga, CA 95070 

Telephone: (408) 674-1196 
 Fax: (408) 400-4101 

Email: Ajain@Internetdevices.com 

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SA-10 

 Name: 

E.S.P. Das 
 950 Park Avenue 

New York, NY 10028 
 Telephone: (212) 288-0451 

Fax: (212) 288-4695 
 Email: Lokamata@Ureach.com 

The Deb Living Trust dtd 12/6/1999  
 3230 Vintage Crest
Drive 
 San Jose, CA 95148 
 Attn: Alak K. Deb 

Telephone: (408) 802-2855 
 Fax: (408) 531-1067 

Email: Alak@Xambala.com 
 Accenture LLP  

1345 Avenue of the Americas 
 New York, NY 10105 

Attn.: John Coltsmann 
  

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SA-11 

 SCHEDULE A-1 

LIST OF INVESTORS OF INSIGHTSONE WHO RECEIVED SERIES G AND/OR 

SERIES G-1 PREFERRED STOCK 

Series G Stockholders: 
 Norwest Venture Partners XI,
L.P. 
 Farzad Nazem and Nooshen Hashemi Living Trust Dated 07/10/95 

Alameda Alpha, LLC 
 Series G-1 Stockholders: 

Hasan, Waqar 
 Chand, Jagdish 

Thomas, Joy 
 Tran, Lap 

Bhargava, Rajesh 
 Kunchappan, Ashokkumar 

Anand, Shubhasheesh 
 Mohan, Prem 

Robert Dutcher 
 Sanjeev Srivastav 

Barry, John W 
 Dao, Kim 

Gulati, Vrishri 
 Gurram, Jyothi 

 

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SA-12 

 Hunt, Adam 
 Mejari,
Shruti 
 Pathak, Sudhir 
 Sharma, Deepti 

Tse, Lily 
 Vu, Jonathan 

Shivaram, Akhilesh Bhargav Malvalli 
 Evans, William 

Leskoveck, Jure 
 Buckby, Kevin 

Salim, Sijith 
 Thukral, Jatinder 

Valley, Qin 
 Roo, Pein-Yuan 

Behnam, Ali 
 Morell, Michael 

Wadehra, Anurag 
 Widom, Jennifer 

  
 APIGEE
CORPORATION 
 AMENDED AND RESTATED INVESTORS’
RIGHTS AGREEMENT 
 SA-13EX-10.2

 Exhibit 10.2 
  

 
  

APIGEE CORPORATION 
 2005
STOCK INCENTIVE PLAN 
 As Amended and Restated by the Board on December 14, 2013 

Approved by the Stockholders on December 14, 2013 
  

 
  

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
			
	 SECTION 1.
	 	 PURPOSE
	  	 	1	  
			
	 SECTION 2.
	 	 DEFINITIONS
	  	 	1	  
			
	 2.1
	 	 “Award”
	  	 	1	  
	 2.2
	 	 “Award Agreement”
	  	 	1	  
	 2.3
	 	 “Board”
	  	 	1	  
	 2.4
	 	 “Cause”
	  	 	1	  
	 2.5
	 	 “Change in Control”
	  	 	2	  
	 2.6
	 	 “Code”
	  	 	3	  
	 2.7
	 	 “Committee”
	  	 	3	  
	 2.8
	 	 “Company”
	  	 	3	  
	 2.9
	 	 “Consultant”
	  	 	3	  
	 2.10
	 	 “Disability”
	  	 	3	  
	 2.11
	 	 “Employee”
	  	 	3	  
	 2.12
	 	 “Exchange Act”
	  	 	3	  
	 2.13
	 	 “Exercise Price”
	  	 	3	  
	 2.14
	 	 “Fair Market Value”
	  	 	3	  
	 2.15
	 	 “ISO”
	  	 	3	  
	 2.16
	 	 “NSO”
	  	 	3	  
	 2.17
	 	 “Option”
	  	 	3	  
	 2.18
	 	 “Other Stock Award”
	  	 	3	  
	 2.19
	 	 “Outside Director”
	  	 	3	  
	 2.20
	 	 “Parent”
	  	 	4	  
	 2.21
	 	 “Participant”
	  	 	4	  
	 2.22
	 	 “Plan”
	  	 	4	  
	 2.23
	 	 “Purchase Price”
	  	 	4	  
	 2.24
	 	 “Restricted Stock Award”
	  	 	4	  
	 2.25
	 	 “Restricted Stock Unit”
	  	 	4	  
	 2.26
	 	 “Securities Act”
	  	 	4	  
	 2.27
	 	 “Service”
	  	 	4	  
	 2.28
	 	 “Share”
	  	 	4	  
	 2.29
	 	 “Stock”
	  	 	4	  
	 2.30
	 	 “Stock Appreciation Right” or “SAR”
	  	 	4	  
	 2.31
	 	 “Subsidiary”
	  	 	4	  
	 2.32
	 	 “Ten-Percent Stockholder”
	  	 	5	  
			
	 SECTION 3.
	 	 ADMINISTRATION
	  	 	5	  
			
	 3.1
	 	 General Rule
	  	 	5	  
	 3.2
	 	 Board Authority and Responsibility
	  	 	5	  
			
	 SECTION 4.
	 	 ELIGIBILITY
	  	 	5	  

  
 -i- 

							
			
	 SECTION 5.
	 	 STOCK SUBJECT TO PLAN
	  	 	5	  
			
	 5.1
	 	 Share Limit
	  	 	5	  
	 5.2
	 	 Additional Shares
	  	 	6	  
	 5.3
	 	 Incentive Stock Option Limit
	  	 	6	  
			
	 SECTION 6.
	 	 RESTRICTED STOCK
	  	 	6	  
			
	 6.1
	 	 Restricted Stock Award
	  	 	6	  
	 6.2
	 	 Duration of Offers and Nontransferability of Rights
	  	 	6	  
	 6.3
	 	 Consideration
	  	 	6	  
	 6.4
	 	 Vesting Restrictions
	  	 	6	  
			
	 SECTION 7.
	 	 STOCK OPTIONS
	  	 	7	  
			
	 7.1
	 	 Stock Option Award
	  	 	7	  
	 7.2
	 	 Number of Shares; Kind of Option
	  	 	7	  
	 7.3
	 	 Exercise Price
	  	 	7	  
	 7.4
	 	 Term
	  	 	7	  
	 7.5
	 	 Exercisability
	  	 	7	  
	 7.6
	 	 Transferability of Options
	  	 	8	  
	 7.7
	 	 Exercise of Options on Termination of Service
	  	 	8	  
	 7.8
	 	 No Rights as a Stockholder
	  	 	8	  
	 7.9
	 	 Modification, Extension and Renewal of Options
	  	 	8	  
			
	 SECTION 8.
	 	 STOCK APPRECIATION RIGHTS
	  	 	9	  
			
	 8.1
	 	 Stock Appreciation Right Award
	  	 	9	  
	 8.2
	 	 Number of Shares
	  	 	9	  
	 8.3
	 	 Exercise Price
	  	 	9	  
	 8.4
	 	 Term
	  	 	9	  
	 8.5
	 	 Exercisability
	  	 	9	  
	 8.6
	 	 Exercise of SARs
	  	 	9	  
	 8.7
	 	 Transferability of SARs
	  	 	10	  
	 8.8
	 	 Exercise of SARs on Termination of Service
	  	 	10	  
	 8.9
	 	 No Rights as a Stockholder
	  	 	10	  
	 8.10
	 	 Modification, Extension and Renewal of SARs
	  	 	10	  
			
	 SECTION 9.
	 	 RESTRICTED STOCK UNITS AND OTHER STOCK AWARDS
	  	 	10	  
			
	 9.1
	 	 Restricted Stock Unit Award
	  	 	10	  
	 9.2
	 	 Number of Shares; Payment
	  	 	11	  
	 9.3
	 	 Vesting Conditions
	  	 	11	  
	 9.4
	 	 Settlement of Restricted Stock Units
	  	 	11	  
	 9.5
	 	 Transfer Restrictions
	  	 	11	  
	 9.6
	 	 No Rights as a Stockholder
	  	 	11	  
	 9.7
	 	 Other Stock Awards
	  	 	11	  
			
	 SECTION 10.
	 	 PAYMENT FOR SHARES
	  	 	12	  
			
	 10.1
	 	 General
	  	 	12	  
	 10.2
	 	 Surrender of Stock
	  	 	12	  

  
 -ii- 

							
	 10.3
	 	 Services Rendered
	  	 	12	  
	 10.4
	 	 Promissory Notes
	  	 	12	  
	 10.5
	 	 Exercise/Sale
	  	 	12	  
	 10.6
	 	 Exercise/Pledge
	  	 	12	  
	 10.7
	 	 Net Exercise
	  	 	12	  
	 10.8
	 	 Other Forms of Payment
	  	 	13	  
			
	 SECTION 11.
	 	 ADJUSTMENT OF SHARES
	  	 	13	  
			
	 11.1
	 	 General
	  	 	13	  
	 11.2
	 	 Dissolution or Liquidation
	  	 	13	  
	 11.3
	 	 Mergers and Consolidations
	  	 	13	  
	 11.4
	 	 Reservation of Rights
	  	 	14	  
	 11.5
	 	 Buyout Provisions
	  	 	14	  
			
	 SECTION 12.
	 	 REPURCHASE RIGHTS AND TRANSFER RESTRICTIONS
	  	 	14	  
			
	 12.1
	 	 Company’s Right to Repurchase Shares
	  	 	14	  
			
	 SECTION 13.
	 	 WITHHOLDING AND OTHER TAXES
	  	 	14	  
			
	 13.1
	 	 General
	  	 	14	  
	 13.2
	 	 Share Withholding
	  	 	14	  
	 13.3
	 	 Cashless Exercise/Pledge
	  	 	15	  
	 13.4
	 	 Other Forms of Payment
	  	 	15	  
	 13.5
	 	 Employer Fringe Benefit Taxes
	  	 	15	  
	 13.6
	 	 Section 409A
	  	 	15	  
			
	 SECTION 14.
	 	 LEGAL AND REGULATORY REQUIREMENTS
	  	 	15	  
			
	 SECTION 15.
	 	 NO RETENTION RIGHTS
	  	 	16	  
			
	 SECTION 16.
	 	 DURATION AND AMENDMENTS
	  	 	16	  
			
	 16.1
	 	 Term of the Plan
	  	 	16	  
	 16.2
	 	 Right to Amend or Terminate the Plan
	  	 	16	  
	 16.3
	 	 Effect of Amendment or Termination
	  	 	16	  
			
	 SECTION 17.
	 	 EXECUTION
	  	 	16	  

  
 -iii- 

 APIGEE CORPORATION 

2005 STOCK INCENTIVE PLAN 
 SECTION 1.
PURPOSE.
 The Plan was originally adopted by the Board of Directors effective March 29, 2005. The Plan has been amended and
restated by the Board of Directors as set forth herein effective December 14, 2013. The purpose of the Plan is to offer selected service providers the opportunity to acquire equity in the Company through awards of Options (which may constitute
incentive stock options or nonstatutory stock options), Restricted Stock Awards, Stock Appreciation Rights, Restricted Stock Units and Other Stock Awards. 

The Awards under the Plan are intended to be exempt from the securities qualification requirements of the California Corporations Code by
satisfying the exemption under section 25102(o) of the California Corporations Code. However, Awards may be made in reliance upon other state securities law exemptions. To the extent that other state exemptions are relied upon, the terms of this
Plan which are included only to comply with section 25102(o) shall be disregarded to the extent provided in the applicable Award Agreement. In addition, to the extent that section 25102(o) or the regulations promulgated thereunder are amended to
delete any requirements set forth in such law or regulations, the terms of this Plan which are included only to comply with section 25102(o) or the regulations promulgated thereunder as in effect prior to any such amendment shall be disregarded to
the extent permitted by applicable law. 
 SECTION 2. DEFINITIONS. 
  

	2.1	“Award” shall mean, individually or collectively, a grant under the Plan of Options, Restricted Stock Awards, Stock Appreciation Rights, Restricted Stock Units or Other Stock Awards. 

 

	2.2	“Award Agreement” shall mean the written or electronic agreement setting forth the terms and provisions applicable to each Award granted under the Plan, as determined by the Board. The Award Agreement
is subject to the terms and conditions of the Plan. 

  

	2.3	“Board” shall mean the Board of Directors of the Company, as constituted from time to time. 

  

	2.4	 “Cause” shall mean (i) in the case where the Employee, Consultant or Outside Director does not have an employment agreement,
consulting agreement or similar agreement in effect with the Company or its affiliate at the time of grant of the Award or where there is such an agreement but it does not define “cause” (or words of like import), conduct related to the
Employee’s, Consultant’s or Outside Director’s service to the Company or an affiliate for which either criminal or civil penalties against the Employee, Consultant or Outside Director may be sought, misconduct, insubordination,
material violation of the Company’s or its affiliate’s policies, disclosing or misusing any confidential information or material 

	 	
concerning the Company or an affiliate or material breach of any employment agreement, consulting agreement or similar agreement, or (ii) in the case where the Employee, Consultant or
Outside Director has an employment agreement, consulting agreement or similar agreement in effect with the Company or its affiliate at the time of grant of the Award that defines a termination for “cause” (or words of like import),
“cause” as defined in such agreement; provided, however, that with regard to any agreement that defines “cause” on occurrence of or in connection with a change in control, such definition of “cause” shall not apply
until a change in control actually occurs and then only with regard to a termination thereafter. Notwithstanding the foregoing, in the case of an Award which is intended to comply with section 25102(o) of the California Corporations Code, such event
must also constitute “cause” under applicable law. 

  

	2.5	“Change in Control” shall mean the occurrence of any of the following events: 

  

	 	(a)	The consummation of a merger or consolidation of the Company with or into another entity or any other corporate reorganization, if persons who were not stockholders of the Company immediately prior to such merger,
consolidation or other reorganization own immediately after such merger, consolidation or other reorganization fifty percent (50%) or more of the voting power of the outstanding securities of each of (A) the continuing or surviving entity
and (B) any direct or indirect parent corporation of such continuing or surviving entity; 

  

	 	(b)	The consummation of the sale, transfer or other disposition of all or substantially all of the Company’s assets or the stockholders of the Company approve a plan of complete liquidation of the Company; or

  

	 	(c)	Any “person” (as defined below) who, by the acquisition or aggregation of securities, is or becomes the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or
indirectly, of securities of the Company representing fifty percent (50%) or more of the combined voting power of the Company’s then outstanding securities ordinarily (and apart from rights accruing under special circumstances) having the
right to vote at elections of directors (the “Base Capital Stock”); except that any change in the relative beneficial ownership of the Company’s securities by any person resulting solely from a reduction in the aggregate number of
outstanding shares of Base Capital Stock, and any decrease thereafter in such person’s ownership of securities, shall be disregarded until such person increases in any manner, directly or indirectly, such person’s beneficial ownership of
any securities of the Company. 

 For purposes of Section 2.5(c), the term “person” shall have the same meaning
as when used in sections 13(d) and 14(d) of the Exchange Act but shall exclude (1) a trustee or other fiduciary holding securities under an employee benefit plan maintained by the Company or a Parent or Subsidiary and (2) a corporation
owned directly or indirectly by the stockholders of the Company in substantially the same proportions as their ownership of the Stock. 

  
 -2- 

 Notwithstanding the foregoing, the term “Change in Control” shall not include
(a) a transaction the sole purpose of which is to change the state of the Company’s incorporation, (b) a transaction the sole purpose of which is to form a holding company that will be owned in substantially the same proportions by
the persons who held the Company’s securities immediately before such transaction, (c) a transaction the sole purpose of which is to make an initial public offering of the Company’s Stock or (d) any change in the beneficial
ownership of the securities of the Company as a result of a private financing of the Company that is approved by the Board. 
  

	2.6	“Code” shall mean the Internal Revenue Code of 1986, as amended. 

  

	2.7	“Committee” shall mean the committee designated by the Board, which is authorized to administer the Plan, as described in Section 3 hereof. 

 

	2.8	“Company” shall mean Apigee Corporation, a Delaware corporation. 

  

	2.9	“Consultant” shall mean a consultant or advisor who is not an Employee or Outside Director and who performs bona fide services for the Company, a Parent or Subsidiary. 

 

	2.10	“Disability” shall mean a condition that renders an individual unable to engage in substantial gainful activity by reason of any medically determinable physical or mental impairment. 

 

	2.11	“Employee” shall mean any individual who is a common-law employee of the Company, a Parent or a Subsidiary and who is an “employee” within the meaning of section 3401(c) of the Code and
regulations issued thereunder. 

  

	2.12	“Exchange Act” shall mean the U.S. Securities and Exchange Act of 1934, as amended. 

  

	2.13	“Exercise Price” shall mean the amount for which one Share may be purchased upon the exercise of an Option, or the amount from which appreciation is measured upon exercise of a Stock Appreciation Right,
as specified in an Award Agreement. 

  

	2.14	“Fair Market Value” means, with respect to a Share, the market price of one Share of Stock, determined by the Board in good faith. Such determination shall be conclusive and binding on all persons.

  

	2.15	“ISO” shall mean an incentive stock option described in section 422(b) of the Code. 

  

	2.16	“NSO” shall mean a stock option that is not an ISO. 

  

	2.17	“Option” shall mean an ISO or NSO granted under the Plan and entitling the holder to purchase Shares. 

  

	2.18	“Other Stock Award” shall mean an Award based in whole or in part by reference to Common Stock which is granted pursuant to the terms and conditions of Section 9.7 of the Plan. 

 

	2.19	“Outside Director” shall mean a member of the Board of the Company, a Parent or a Subsidiary who is not an Employee. 

  
 -3- 

	2.20	“Parent” shall mean any corporation (other than the Company) in an unbroken chain of corporations ending with the Company, if each of the corporations other than the Company owns stock possessing fifty
percent (50%) or more of the total combined voting power of all classes of stock in one of the other corporations in such chain. A corporation that attains the status of a Parent on a date after the adoption of the Plan shall be considered a
Parent commencing as of such date. 

  

	2.21	“Participant” shall mean the holder of an outstanding Award. 

  

	2.22	“Plan” shall mean the Apigee Corporation 2005 Stock Incentive Plan. 

  

	2.23	“Purchase Price” shall mean the consideration for which one Share may be acquired under the Plan pursuant to a Restricted Stock Award. 

 

	2.24	“Restricted Stock Award” shall mean an award or sale of Shares pursuant to the terms and conditions of Section 6 of the Plan. 

 

	2.25	“Restricted Stock Unit” shall mean an Award of an unfunded and unsecured right to receive Shares (or cash or a combination of Shares and cash, as determined in the sole discretion of the Board) upon
settlement of the Award, which is granted pursuant to the terms and conditions of Section 9 of the Plan. 

  

	2.26	“Securities Act” shall mean the U.S. Securities Act of 1933, as amended. 

  

	2.27	“Service” shall mean service as an Employee, a Consultant or an Outside Director, subject to such further limitations as may be set forth in the applicable Award Agreement. Service shall be deemed to
continue during a bona fide leave of absence approved by the Company in writing if and to the extent that continued crediting of Service for purposes of the Plan is expressly required by the terms of such leave or by applicable law, as determined by
the Company. However, for purposes of determining whether an Option is entitled to ISO status, and to the extent required under the Code, an Employee’s employment will be treated as terminating three (3) months after such Employee went on
leave, unless such Employee’s right to return to active work is guaranteed by law or by a contract or such Employee immediately returns to active work. The Company determines which leaves count toward Service, and when Service terminates for
all purposes under the Plan. 

  

	2.28	“Share” shall mean one share of Stock, as adjusted in accordance with Section 11 (if applicable). 

  

	2.29	“Stock” shall mean the common stock of the Company. 

  

	2.30	“Stock Appreciation Right” or “SAR” shall mean a stock appreciation right which is granted pursuant to the terms and conditions of Section 8 of the Plan. 

 

	2.31	“Subsidiary” means any corporation (other than the Company) in an unbroken chain of corporations beginning with the Company, if each of the corporations other than the last corporation in the unbroken
chain owns stock possessing fifty percent (50%) or more of the total combined voting power of all classes of stock in one of the other corporations in such chain. A corporation that attains the status of a Subsidiary on a date after the
adoption of the Plan shall be considered a Subsidiary commencing as of such date. 

  
 -4- 

	2.32	“Ten-Percent Stockholder” means an individual who owns more than ten percent (10%) of the total combined voting power of all classes of outstanding stock of the Company, its Parent or any of its
Subsidiaries. In determining stock ownership for purposes of this Section 2.32, the attribution rules of section 424(d) of the Code shall be applied. 

SECTION 3. ADMINISTRATION. 
  

	3.1	General Rule. The Plan shall be administered by the Board. However, the Board may delegate any or all administrative functions under the Plan otherwise exercisable by the Board to one or more Committees. Each
Committee shall consist of at least one member of the Board who has been appointed by the Board. Each Committee shall have the authority and be responsible for such functions as the Board has assigned to it. If a Committee has been appointed, any
reference to the Board in the Plan shall be construed as a reference to the Committee to whom the Board has assigned a particular function. To the extent permitted by applicable law, the Board may also authorize one or more officers of the Company
to designate Employees, other than such authorized officer or officers, to receive Awards and/or to determine the number of such Awards to be received by such persons; provided, however, that the Board shall specify the total number of Awards that
such officer or officers may so award. 

  

	3.2	Board Authority and Responsibility. Subject to the provisions of the Plan, the Board shall have full authority and discretion to take any actions it deems necessary or advisable for the administration of the
Plan. All decisions, interpretations and any other actions of the Board with respect to the Plan shall be final and binding on all persons deriving rights under the Plan. 

SECTION 4. ELIGIBILITY. 
 Only Employees
shall be eligible for the grant of ISOs. Only Employees, Consultants and Outside Directors shall be eligible for the grant of NSOs, Restricted Stock Awards, Stock Appreciation Rights, Restricted Stock Units or Other Stock Awards. 

SECTION 5. STOCK SUBJECT TO PLAN. 
  

	5.1	Share Limit. Subject to Section 11, the aggregate number of Shares which may be issued under the Plan shall be 48,600,310 Shares1 (the “Authorized
Share Limit”). The number of 

  

	1 	Initial Plan reserve of 6,715,000 shares approved April 2005; reserve increased by 4,443,880 shares approved October 2006; reserve increased by 5,212,741 shares approved in June 2008, reserve increased by 5,242,445
shares approved in September 2010, reserve increased by 6,111,597 shares approved in October 2011, reserve increased by 7,665,704 shares approved in November, 2011, reserve increased by 5,272,937 shares approved in July, 2012 and reserve increased
by 7,936,006 shares approved in July, 2013 for an aggregate total of 48,600,310 shares. 

  
 -5- 

	 	
Shares which are subject to Options or other rights to acquire Shares pursuant to Awards which are outstanding at any time shall not exceed the number of Shares which then remain available for
issuance under the Plan. The Company, during the term of the Plan, shall at all times reserve and keep available sufficient Shares to satisfy the requirements of the Plan. Shares offered under the Plan may be authorized but unissued Shares or
treasury Shares. 

  

	5.2	Additional Shares. Shares subject to Awards that are cancelled, forfeited, settled in cash or expire by their terms, and Shares subject to Awards that are used to pay withholding obligations or the Exercise Price
of an Option, will again be available for grant and issuance in connection with other Awards. However, Shares that have actually been issued under the Plan will not be added back to the number of Shares available for issuance under the Plan unless
reacquired by the Company pursuant to a forfeiture provision. 

  

	5.3	Incentive Stock Option Limit. Subject to the foregoing limits, the aggregate number of Shares that may be issued under the Plan upon the exercise of ISOs shall not exceed ten times the Authorized Share Limit set
forth in Section 5.1 (as amended from time to time and as adjusted pursuant to Section 11), plus, only to the extent allowable under section 422 of the Code, any Shares previously issued under the Plan that are reacquired by the Company
pursuant to a forfeiture provision. 

 SECTION 6. RESTRICTED STOCK. 

 

	6.1	Restricted Stock Award. Subject to the terms of the Plan, the Board may grant Restricted Stock Awards to Participants in such amounts as the Board, in its sole discretion, may determine. Each award or sale of
Shares pursuant to a Restricted Stock Award under the Plan shall be evidenced by an Award Agreement between the Participant and the Company. Such award or sale shall be subject to all applicable terms and conditions of the Plan and may be subject to
any other terms and conditions imposed by the Board, as set forth in the Award Agreement, that are not inconsistent with the Plan. The provisions of such Award Agreements need not be identical. 

 

	6.2	Duration of Offers and Nontransferability of Rights. Any right to acquire Shares pursuant to a Restricted Stock Award shall automatically expire if not exercised by the Participant within thirty (30) days
after the Company communicates the grant of such right to the Participant, unless otherwise determined by the Board. Such right shall be nontransferable and shall be exercisable only by the Purchaser to whom the right was granted, except to the
extent otherwise determined by the Board in its sole discretion. 

  

	6.3	Consideration. To the extent an Award consists of newly issued Shares, the Award recipient shall furnish consideration having a value not less than the par value of such Shares as determined by the Board. Subject
to the foregoing in this Section 6.3, the Board shall determine the amount of the Purchase Price in its sole discretion. The Purchase Price shall be payable in a form described in Section 10. 

  
 -6- 

	6.4	Vesting Restrictions. Each award or sale of Shares shall be subject to such vesting and forfeiture conditions as the Board may determine. Such restrictions shall be set forth in the applicable Award Agreement
and, unless otherwise provided in the Award Agreement, shall apply to any dividends paid with respect to such Shares. The vesting of a Restricted Stock Award granted to a Participant for Service as an Outside Director shall be automatically
accelerated in full in the event of a Change in Control. 

 SECTION 7. STOCK OPTIONS. 

 

	7.1	Stock Option Award. Subject to the terms of the Plan, the Board may grant Options to Participants in such amounts as the Board, in its sole discretion, may determine. Each grant of an Option under the Plan shall
be evidenced by an Award Agreement between the Participant and the Company. The Option shall be subject to all applicable terms and conditions of the Plan and may be subject to any other terms and conditions imposed by the Board, as set forth in the
Option Award Agreement, which are not inconsistent with the Plan. The provisions of the various Option Award Agreements entered into under the Plan need not be identical. 

 

	7.2	Number of Shares; Kind of Option. Each Option Award Agreement shall specify the number of Shares that are subject to the Option and shall provide for the adjustment of such number in accordance with
Section 11. The Award Agreement shall also specify whether the Option is intended to be an ISO or an NSO. 

  

	7.3	Exercise Price. Each Award Agreement shall set forth the Exercise Price, which shall be payable in a form described in Section 10. Subject to the following requirements, the Exercise Price under any Option
shall be determined by the Board in its sole discretion: 

  

	 	(a)	Minimum Exercise Price for ISOs. The Exercise Price per Share of an ISO shall not be less than one hundred percent (100%) of the Fair Market Value of a Share on the date of grant; provided, however, that the
Exercise Price per Share of an ISO granted to a Ten-Percent Stockholder shall not be less than one hundred ten percent (110%) of the Fair Market Value of a Share on the date of grant. 

 

	 	(b)	Minimum Exercise Price for NSOs. The Exercise Price per Share of an NSO shall not be less than one-hundred percent (100%) of the Fair Market Value of a Share on the date of grant. 

 

	7.4	Term. Each Award Agreement shall specify the term of the Option. The term of an Option shall in no event exceed ten (10) years from the date of grant. The term of an ISO granted to a Ten-Percent Stockholder
shall not exceed five (5) years from the date of grant. Subject to the foregoing, the Board in its sole discretion shall determine when an Option shall expire. 

 

	7.5	Exercisability. Each Award Agreement shall specify the date when all or any installment of the Option is to become exercisable; provided, however, that no Option shall be exercisable unless the Participant has
delivered to the Company an executed copy of the Award Agreement. Subject to the following restrictions, the Board in its sole discretion shall determine when all or any installment of an Option is to become exercisable and may, in its discretion,
provide for accelerated exercisability in the event of a Change in Control or other events: 

  

	 	(a)	Options Granted to Outside Directors. The vesting and exercisability of an Option granted to a Participant for Service as an Outside Director shall be automatically accelerated in full in the event of a Change in
Control. 

  
 -7- 

	 	(b)	Early Exercise. An Option Award Agreement may permit the Participant to exercise the Option prior to the time that it has become vested provided that the Shares acquired on exercise will be treated as unvested
and subject to a right of repurchase by the Company and any other restrictions that the Board determines appropriate as set forth in the Award Agreement. 

  

	7.6	Transferability of Options. During a Participant’s lifetime, his or her Options shall be exercisable only by the Participant or by the Participant’s guardian or legal representatives, and shall not be
transferable other than by beneficiary designation, will or the laws of descent and distribution. Notwithstanding the foregoing, however, to the extent permitted by the Board in its sole discretion, an NSO may be transferred by the Participant to a
revocable trust or to one or more family members or a trust established for the benefit of the Participant and/or one or more family members to the extent permitted by section 260.140.41(c) of Title 10 of the California Code of Regulations and
Rule 701 of the Securities Act. 

  

	7.7	Exercise of Options on Termination of Service. Each Option shall set forth the extent to which the Participant shall have the right to exercise the Option following termination of the Participant’s Service.
Each Award Agreement shall provide the Participant with the right to exercise the Option following the Participant’s termination of Service during the Option term, to the extent the Option was exercisable for vested Shares upon termination of
Service, for at least thirty (30) days if termination of Service is due to any reason other than Cause, death or Disability, and for at least six (6) months after termination of Service if due to death or Disability (but in no event later
than the expiration of the Option term). If the Participant’s Service is terminated for Cause, the Option Award Agreement may provide that the Participant’s right to exercise the Option terminates immediately on the effective date of the
Participant’s termination. To the extent the Option was not exercisable for vested Shares upon termination of Service, the Option shall terminate when the Participant’s Service terminates. Subject to the foregoing, such provisions shall be
determined in the sole discretion of the Board, need not be uniform among all Options issued pursuant to the Plan, and may reflect distinctions based on the reasons for termination of Service. 

 

	7.8	No Rights as a Stockholder. A Participant, or a transferee of a Participant, shall have no rights as a stockholder with respect to any Shares covered by the Option until such person becomes entitled to receive
such Shares by filing a notice of exercise and paying the Exercise Price pursuant to the terms of the Option. No adjustments shall be made, except as provided in Section 11. 

  
 -8- 

	7.9	Modification, Extension and Renewal of Options. Within the limitations of the Plan, the Board may modify, extend or renew outstanding Options or may accept the cancellation of outstanding Options (to the extent
not previously exercised), whether or not granted hereunder, in return for the grant of new Options for the same or a different number of Shares and at the same or a different Exercise Price, or in return for the grant of a different Award for the
same or a different number of Shares. The foregoing notwithstanding, no modification of an Option shall, without the consent of the Participant, materially impair his or her rights or increase the Participant’s obligations under such Option.

 SECTION 8. STOCK APPRECIATION RIGHTS. 
  

	8.1	Stock Appreciation Right Award. Subject to the terms of the Plan, the Board may grant Stock Appreciation Rights to Participants in such amounts as the Board, in its sole discretion, may determine. Each grant of a
Stock Appreciation Right under the Plan shall be evidenced by an Award Agreement between the Participant and the Company. The Stock Appreciation Right shall be subject to all applicable terms and conditions of the Plan and may be subject to any
other terms and conditions imposed by the Board, as set forth in the Award Agreement, which are not inconsistent with the Plan. The provisions of the various Stock Appreciation Right Award Agreements entered into under the Plan need not be
identical. 

  

	8.2	Number of Shares. Each Award Agreement shall specify the number of Shares to which the SAR pertains and shall provide for the adjustment of such number in accordance with Section 11. 

 

	8.3	Exercise Price. Each Award Agreement shall specify the Exercise Price of the SAR. The Exercise Price shall not be less than 100% of the Fair Market Value of a Share on the date of grant. 

 

	8.4	Term. Each Award Agreement shall specify the term of the SAR. The term of a SAR shall in no event exceed ten (10) years from the date of grant. Subject to the foregoing, the Board in its sole discretion
shall determine when an Option shall expire. 

  

	8.5	Exercisability. Each Award Agreement shall specify the date when all or any installment of the SAR is to become exercisable; provided, however, that no SAR shall be exercisable unless the Participant has
delivered to the Company an executed copy of the Award Agreement. The Board in its sole discretion shall determine when all or any installment of a SAR is to become exercisable and may, in its discretion, provide for accelerated exercisability in
the event of a Change in Control or other events. The vesting and exercisability of a SAR granted to a Participant for Service as an Outside Director shall be automatically accelerated in full in the event of a Change in Control. SARs may be awarded
in combination with Options, and such Awards may provide that the SARs will not be exercisable unless the related Options are forfeited. 

  

	8.6	Exercise of SARs. Upon exercise of a SAR, the Participant (or any person having the right to exercise the SAR after his or her death) shall receive from the Company (a) Shares, (b) cash or (c) a
combination of Shares and cash, as the Board shall determine. The amount of cash and/or the Fair Market Value of Shares received upon exercise of SARs shall, in the aggregate, be equal to the amount by which the Fair Market Value (on the date of
surrender) of the Shares subject to the SARs exceeds the Exercise Price. 

  
 -9- 

	8.7	Transferability of SARs. During a Participant’s lifetime, his or her SARs shall be exercisable only by the Participant or by the Participant’s guardian or legal representatives, and shall not be
transferable other than by beneficiary designation, will or the laws of descent and distribution. Notwithstanding the foregoing, however, to the extent permitted by the Board in its sole discretion, a SAR may be transferred by the Participant to a
revocable trust or to one or more family members or a trust established for the benefit of the Participant and/or one or more family members to the extent permitted by section 260.140.41(c) of Title 10 of the California Code of Regulations and
Rule 701 of the Securities Act. 

  

	8.8	Exercise of SARs on Termination of Service. Each SAR shall set forth the extent to which the Participant shall have the right to exercise the SAR following termination of the Participant’s Service. Each
Award Agreement shall provide the Participant with the right to exercise the SAR following the Participant’s termination of Service during the SAR term, to the extent the SAR was vested upon termination of Service, for at least thirty
(30) days if termination of Service is due to any reason other than Cause, death or Disability, and for at least six (6) months after termination of Service if due to death or Disability (but in no event later than the expiration of the
SAR term). If the Participant’s Service is terminated for Cause, the SAR Award Agreement may provide that the Participant’s right to exercise the SAR terminates immediately on the effective date of the Participant’s termination. To
the extent the SAR was not vested upon termination of Service, the SAR shall terminate when the Participant’s Service terminates. Subject to the foregoing, such provisions shall be determined in the sole discretion of the Board, need not be
uniform among all SARs issued pursuant to the Plan, and may reflect distinctions based on the reasons for termination of Service. 

  

	8.9	No Rights as a Stockholder. A Participant, or a transferee of a Participant, shall have no rights as a stockholder with respect to any Shares covered by the SAR unless and until such person becomes entitled to
receive Shares upon exercise of the SAR. No adjustments shall be made, except as provided in Section 11. 

  

	8.10	Modification, Extension and Renewal of SARs. Within the limitations of the Plan, the Board may modify, extend or renew outstanding SARs or may accept the cancellation of outstanding SARs (to the extent not
previously exercised), whether or not granted hereunder, in return for the grant of new SARs for the same or a different number of Shares and at the same or a different Exercise Price, or in return for the grant of a different Award for the same or
a different number of Shares. The foregoing notwithstanding, no modification of a SAR shall, without the consent of the Participant, materially impair his or her rights or increase the Participant’s obligations under such SAR.

  
 -10- 

 SECTION 9. RESTRICTED STOCK UNITS AND OTHER STOCK AWARDS. 

 

	9.1	Restricted Stock Unit Award. Subject to the terms of the Plan, the Board may grant Restricted Stock Units to Participants in such amounts as the Board, in its sole discretion, may determine. Each Award of
Restricted Stock Units under the Plan shall be evidenced by an Award Agreement between the Participant and the Company. Such Award shall be subject to all applicable terms and conditions of the Plan and any other terms and conditions imposed by the
Board, as set forth in the Award Agreement, that are not inconsistent with the Plan. The provisions of the various Restricted Stock Unit Award Agreements entered into under the Plan need not be identical. 

 

	9.2	Number of Shares; Payment. Each Restricted Stock Unit Award Agreement shall specify the number of Shares that are subject to the Award and shall provide for the adjustment of such number in accordance with
Section 11. Unless otherwise provided in the Award Agreement, no consideration other than services shall be required of the Participant for a Restricted Stock Unit Award. 

 

	9.3	Vesting Conditions. Each Award of Restricted Stock Units may or may not be subject to vesting. Vesting shall occur, in full or in installments, upon satisfaction of the conditions specified in the Award
Agreement. The Board may determine, at the time of granting Restricted Stock Units or thereafter, that all or part of such Award shall become vested in the event that a Change in Control occurs with respect to the Company. The vesting of a
Restricted Stock Unit Award granted to a Participant for Service as an Outside Director shall be automatically accelerated in full in the event of a Change in Control. 

 

	9.4	Settlement of Restricted Stock Units. Unless otherwise provided in the Award Agreement, Restricted Stock Units shall be settled when they vest. The Award Agreement may provide that settlement may be deferred to
any later date, provided that the terms of such deferral satisfy the requirements of section 409A of the Code. Settlement of the Restricted Stock Units may be made in the form of cash or whole Shares or a combination thereof, as determined by the
Board in its sole discretion. 

  

	9.5	Transfer Restrictions. Unless otherwise provided in the Award Agreement, Restricted Stock Units may not be transferred other than by beneficiary designation, will or the laws of descent and distribution.

  

	9.6	No Rights as a Stockholder. A Participant, or a transferee of a Participant, shall have no voting, dividend or other rights as a stockholder with respect to any Shares covered by a Restricted Stock Unit Award
until such person receives such Shares upon settlement of the Award. Unless the Award Agreement provides otherwise, the Participant shall have no right to be credited with amounts equal to dividends paid on Shares subject to the Restricted Stock
Unit Award. A Participant shall have no rights under a Restricted Stock Unit Award other than those of a general creditor of the Company. 

  

	9.7	Other Stock Awards. The Board may grant other forms of Award under the Plan that are based in whole or in part on Stock or the value thereof. Subject to the provisions of the Plan, the Board shall have authority
in its sole discretion to determine the terms and conditions of such Other Stock Awards, including the number of Shares (or the cash equivalent thereof) to be granted pursuant to such Awards. 

  
 -11- 

 SECTION 10. PAYMENT FOR SHARES. 
  

	10.1	General. The entire Purchase Price of Shares or Exercise Price of Options issued under the Plan shall be payable in cash, cash equivalents or one of the other forms provided in this Section 10, to the extent
provided under Applicable Law. 

  

	10.2	Surrender of Stock. To the extent permitted by the Board in its sole discretion, payment may be made in whole or in part by surrendering (in good form for transfer), or attesting to ownership of, Shares which
have already been owned by the Participant; provided, however, that payment may not be made in such form if such action would cause the Company to recognize any (or additional) compensation expense with respect to the Award for financial reporting
purposes. Such Shares shall be valued at their Fair Market Value on the date of surrender. 

  

	10.3	Services Rendered. As determined by the Board in its discretion, Shares may be awarded under the Plan in consideration of past or future services rendered to the Company, a Parent or Subsidiary.

  

	10.4	Promissory Notes. To the extent permitted by the Board in its sole discretion, payment may be made in whole or in part with a full-recourse promissory note executed by the Participant. The interest rate payable
under the promissory note shall not be less than the minimum rate required to avoid the imputation of income for U.S. federal income tax purposes. Shares shall be pledged as security for payment of the principal amount of the promissory note, and
interest thereon; provided that if the Participant is a Consultant, such note must be collateralized with such additional security to the extent required by applicable laws. In no event shall the stock certificate(s) representing such Shares be
released to the Participant until such note is paid in full. Subject to the foregoing, the Board shall determine the term, interest rate and other provisions of the note. 

 

	10.5	Exercise/Sale. To the extent permitted by the Board in its sole discretion, and if a public market for the Shares exists, payment may be made in whole or in part by delivery (on a form prescribed by the Company)
of an irrevocable direction to a securities broker approved by the Company to sell Shares and to deliver all or part of the sale proceeds to the Company in payment of all or part of the Exercise Price and any withholding taxes. 

 

	10.6	Exercise/Pledge. To the extent permitted by the Board in its sole discretion, and if a public market for the Shares exists, payment may be made in whole or in part by delivery (on a form prescribed by the
Company) of an irrevocable direction to a securities broker or lender approved by the Company to pledge Shares, as security for a loan, and to deliver all or part of the loan proceeds to the Company in payment of all or part of the Exercise Price
and any withholding taxes. 

  

	10.7	 Net Exercise. To the extent permitted by the Board in its sole discretion, payment of the Exercise Price may be made by a “net
exercise” arrangement pursuant to which the number of Shares issuable upon exercise of the Option shall be reduced by the largest whole number of Shares having an aggregate Fair Market Value that does not exceed the aggregate Exercise

  
 -12- 

	 	
Price (plus tax withholdings, if applicable) and any remaining balance of the aggregate Exercise Price (and/or applicable tax withholdings) not satisfied by such reduction in the number of whole
Shares to be issued shall be paid by the Participant in cash or other form of payment permitted under the Option Award Agreement. 

  

	10.8	Other Forms of Payment . To the extent permitted by the Board in its sole discretion, payment may be made in any other form that is consistent with applicable laws, regulations and rules. 

SECTION 11. ADJUSTMENT OF SHARES. 
  

	11.1	General. In the event of a subdivision of the outstanding Stock, a declaration of a dividend payable in Shares, a declaration of an extraordinary dividend payable in a form other than Shares in an amount that has
a material effect on the Fair Market Value of the Stock, a combination or consolidation of the outstanding Stock into a lesser number of Shares, a recapitalization, a spin-off, a reclassification, or a similar occurrence, the Board shall make
appropriate adjustments to the following: (i) the number of Shares available for future Awards under Section 5; (ii) the number of Shares covered by each outstanding Award; (iii) the Exercise Price under each outstanding Award;
and (iv) the price of Shares subject to the Company’s right of repurchase; provided, however, that fractions of a Share will not be issued but will either be paid in cash at the Fair Market Value of such
fraction of a Share or will be rounded down to the nearest whole Share, as determined by the Board. 

  

	11.2	Dissolution or Liquidation. To the extent not previously exercised or settled, Awards shall terminate immediately prior to the dissolution or liquidation of the Company. 

 

	11.3	Mergers and Consolidations. In the event that the Company is a party to a merger or other consolidation, or in the event of a transaction providing for the sale of all or substantially all of the Company’s
stock or assets, outstanding Awards shall be subject to the agreement of merger, consolidation or sale, in each case without the Participant’s consent. Subject to compliance with Section 409A of the Code, such agreement may provide,
without limitation, for one or more of the following: (i) the continuation of the outstanding Awards by the Company, if the Company is a surviving corporation; (ii) the assumption of the outstanding Awards by the surviving corporation or
its parent; (iii) the substitution by the surviving corporation or its parent of its own awards for such outstanding Awards; (iv) immediate vesting, exercisability and settlement of outstanding Awards followed by the cancellation of such
Awards upon or immediately prior to the effectiveness of the transaction; or (v) settlement of the intrinsic value of the outstanding Awards (whether or not then vested or exercisable) in cash or cash equivalents or equity (including cash or
equity subject to deferred vesting and delivery consistent with the vesting restrictions applicable to such Awards or the underlying Shares) followed by the cancellation of such Awards (and, for the avoidance of doubt, if as of the date of the
occurrence of the transaction the Board determines in good faith that no amount would have been attained upon the exercise of such Award or realization of the Participant’s rights, then such Award may be terminated by the Company without
payment). Any acceleration of payment of an amount that is subject to section 409A of the Code will be delayed, if necessary, until the earliest time that such payment would be permissible under Section 409A without triggering any additional
taxes applicable under Section 409A. The Company will have no obligation to treat all Awards, all Awards held by a Participant, or all Awards of the same type, similarly. 

  
 -13- 

	11.4	Reservation of Rights. Except as provided in this Section 11, a Participant shall have no rights by reason of any subdivision or consolidation of shares of stock of any class, the payment of any dividend or
any other increase or decrease in the number of shares of stock of any class. Any issuance by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall not affect, and no adjustment by reason
thereof shall be made with respect to, the number or Exercise Price of Shares subject to an Award. The grant of an Award pursuant to the Plan shall not affect in any way the right or power of the Company to make adjustments, reclassifications,
reorganizations or changes of its capital or business structure, to merge or consolidate or to dissolve, liquidate, sell or transfer all or any part of its business or assets. 

 

	11.5	Buyout Provisions. The Board may at any time (a) offer to buy out for a payment in cash or cash equivalents an Award previously granted, or (b) authorize a Participant to elect to cash out an Award
previously granted, in either case at such time and based upon such terms and conditions as the Board shall establish. 

 SECTION 12.
REPURCHASE RIGHTS AND TRANSFER RESTRICTIONS. 
  

	12.1	Company’s Right to Repurchase Shares. Shares acquired through an Award shall be subject to such forfeiture conditions, rights of repurchase, rights of first refusal and other transfer restrictions as the
Board may determine. Such restrictions shall be set forth in the applicable Award Agreement and, unless otherwise provided in the Award Agreement, shall apply to any dividends paid with respect to such Shares. Such restrictions shall apply in
addition to any restrictions otherwise applicable to holders of Shares generally. 

 SECTION 13. WITHHOLDING AND OTHER TAXES. 

 

	13.1	General. A Participant or his or her successor shall pay, or make arrangements satisfactory to the Board for the satisfaction of, any federal, state, local or foreign withholding tax obligations that may arise in
connection with the Plan. The Company shall not be required to issue any Shares or make any cash payment under the Plan if such obligations are not timely satisfied. 

 

	13.2	Share Withholding. The Board may permit a Participant to satisfy all or part of his or her withholding tax obligations by having the Company withhold all or a portion of any Shares that would otherwise be issued
to him or her upon exercise or settlement of an Award, or by surrendering all or a portion of any Shares that he or she previously acquired; provided, however, that in no event may a Participant surrender Shares in excess of the legally required
minimum tax withholding amount. Such Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be withheld in cash. Any payment of taxes by assigning Shares to the Company may be subject to restrictions, including any
restrictions required by rules of any federal or state regulatory body or other authority. All elections by Participants to have Shares withheld for this purpose shall be made in such form and under such conditions as the Board may deem necessary or
advisable. 

  
 -14- 

	13.3	Cashless Exercise/Pledge. The Board may provide that if Company Shares are publicly traded at the time of exercise, arrangements may be made to meet the Participant’s withholding obligation by cashless
exercise or pledge. 

  

	13.4	Other Forms of Payment. The Board may permit such other means of tax withholding as it deems appropriate. 

  

	13.5	Employer Fringe Benefit Taxes. To the extent permitted by applicable federal, state, local and foreign law, a Participant shall be liable for any fringe benefit tax that may be payable by the Company and/or the
Participant’s employer in connection with any award granted to the Participant under the Plan, which the Company and/or employer may collect by any reasonable method established by the Company and/or employer. 

 

	13.6	Section 409A. Each Award that provides for “nonqualified deferred compensation” within the meaning of section 409A of the Code shall be subject to such additional rules and requirements as
specified by the Board from time to time in order to comply with Section 409A. If any amount under such an Award is payable upon a “separation from service” (within the meaning of section 409A) to a Participant who is then considered
a “specified employee” (within the meaning of section 409A), then no such payment shall be made prior to the date that is the earlier of (i) six months and one day after the Participant’s separation from service, or (ii) the
Participant’s death, but only to the extent such delay is necessary to prevent the Award from being subject to interest, penalties and/or additional tax imposed pursuant to section 409A. In addition, the settlement of any such Award may not be
accelerated except to the extent permitted by section 409A. The provisions of the Plan and each Award Agreement are intended to comply with or be exempt from the provisions of section 409A and shall be interpreted in a manner consistent therewith.
Notwithstanding any other provision of the Plan or an Award Agreement to the contrary, the Board may in its sole discretion (but without any obligation to do so) amend the terms of any Award to the extent it determines necessary to comply with
section 409A. 

 SECTION 14. LEGAL AND REGULATORY REQUIREMENTS. 

Shares shall not be issued under the Plan unless the issuance and delivery of such Shares complies with (or is exempt from) all applicable
requirements of law, including (without limitation) the Securities Act of 1933, as amended, the rules and regulations promulgated thereunder, state securities laws and regulations and the regulations of any stock exchange on which the Company’s
securities may then be listed, and the Company has obtained the approval or favorable ruling from any governmental agency which the Company determines is necessary or advisable. The Company shall not be liable to a Participant or other persons as
to: (a) the non-issuance or sale of Shares as to which the Company has not obtained from any regulatory body having jurisdiction the authority deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any Shares
under the Plan; and (b) any tax consequences expected, but not realized, by any Participant or other person due to the receipt, exercise or settlement of any Award granted under the Plan. 

  
 -15- 

 SECTION 15. NO RETENTION RIGHTS. 

No provision of the Plan, or any Award granted under the Plan, shall be construed to give any Participant any right to become an Employee or
other Service provider, to be treated as an Employee, or to continue in Service for any period of time, or restrict in any way the rights of the Company (or Parent or Subsidiary to whom the Participant provides Service), which rights are expressly
reserved, to terminate the Service of such person at any time and for any reason, with or without cause. 
 SECTION 16. DURATION AND AMENDMENTS. 

 

	16.1	Term of the Plan. The Plan, as amended and restated herein, shall become effective on the date of its adoption by the Board, subject to the approval of the Company’s stockholders. In the event that the
stockholders fail to approve the Plan within twelve (12) months after its adoption by the Board, any grants, exercises or sales that have already occurred under the Plan shall be rescinded, and no additional grants, exercises or sales shall be
made under the Plan after such date. The Plan shall terminate automatically ten (10) years after the later of (i) its adoption by the Board, or (ii) the most recent increase in the number of Shares reserved under Section 5 (other
than pursuant to Section 11) that was approved by stockholders within twelve (12) months before or after the Board’s approval of such increase. The Plan may be terminated on any earlier date pursuant to Section 16.2 below.

  

	16.2	Right to Amend or Terminate the Plan. The Board may amend, suspend, or terminate the Plan at any time and for any reason. An amendment of the Plan shall not be subject to the approval of the Company’s
stockholders unless it (i) increases the number of Shares available for issuance under the Plan (except as provided in Section 11) or (ii) materially changes the class of persons who are eligible for the grant of Awards.

  

	16.3	Effect of Amendment or Termination. No Shares shall be issued or sold under the Plan after the termination thereof, except upon exercise or settlement of an Award granted prior to such termination. The
termination of the Plan, or any amendment thereof, shall not have a material adverse effect on any Award previously granted under the Plan without the holder’s consent. 

SECTION 17. EXECUTION. 
 To record the
adoption of the amendment and restatement of the Plan by the Board on December 14, 2013 effective on such date, the Company has caused its authorized officer to execute the same. 

 

			
	APIGEE CORPORATION
		
	By	 	/s/ Chet Kapoor
		
	Its	 	Chief Executive Officer

  
 -16- 

 THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED OR QUALIFIED UNDER THE U.S. SECURITIES ACT OF 1933
OR THE SECURITIES LAWS OF ANY STATE OR FOREIGN JURISDICTION, AND MAY BE OFFERED AND SOLD ONLY IF REGISTERED AND QUALIFIED PURSUANT TO THE RELEVANT PROVISIONS OF U.S. FEDERAL AND STATE OR APPLICABLE FOREIGN SECURITIES LAWS OR IF THE COMPANY IS
PROVIDED AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT REGISTRATION AND QUALIFICATION UNDER U.S. FEDERAL AND STATE OR APPLICABLE FOREIGN SECURITIES LAWS IS NOT REQUIRED. 

APIGEE CORPORATION 
 2005
STOCK INCENTIVE PLAN 
 RESTRICTED STOCK UNIT GRANT NOTICE 

Apigee Corporation (the “Company”) hereby grants you the following Restricted Stock Units (“RSUs”) representing its Shares
as set forth below (the “Award”). The terms and conditions of this Award are set forth in the Restricted Stock Unit Award Agreement (“RSU Agreement”) and the Apigee Corporation 2005 Stock Incentive Plan (the “Plan”),
both of which are attached to and made a part of this document (“Notice of Grant”). 
  

	 Date of Grant:  
	[Date of Grant] 

  

	 Name of Participant: 
	[Name of Participant] 

  

	 Total Number of RSUs: 
	[Number of RSUs] 

  

	 Vesting Start Date:  
	[Vesting Start Date] 

  

	 Expiration Date:  
	Seven (7) years after Date of Grant 

  

	 Vesting Schedule: 
	You will receive a benefit with respect to an RSU only if it vests. Two vesting requirements must be satisfied on or before the Expiration Date in order for an RSU to vest — a time and service-based requirement (the “Time-Based
Requirement”) and the “Liquidity Event Requirement” (described below). Your RSUs will not vest (in whole or in part) if only one (or if neither) of such requirements is satisfied on or before the Expiration Date. If both the
Time-Based Requirement and the Liquidity Event Requirement are satisfied on or before the Expiration Date, the vesting date (“Vesting Date”) of an RSU will be the first date upon which both of those requirements were satisfied with respect
to that particular RSU. 

  

	 Liquidity Event Requirement 
	 The Liquidity Event Requirement will be satisfied (as to any then-outstanding RSUs that have not theretofore been terminated pursuant to Section 3 of the RSU Agreement) on the first to
occur of: (1) an underwritten public offering by the Company of its securities that is registered under the United States Securities Act 

	 	 
of 1933, as amended (an “IPO”), or (2) a Change in Control pursuant to which the Shares subject to the RSU will be exchanged for cash and/or readily tradeable securities, or the
RSU will be settled for cash and/or readily tradeable securities, or as otherwise determined by the Board (the “RSU Change in Control”). 

  

	 Time-Based Requirement 
	The Time-Based Requirement will be satisfied in equal installments as to 1/12th of the Total Number of RSUs on each three (3) month anniversary of the Vest Start Date; in each case subject to Section 3 of the RSU Agreement.

  

	 Settlement  
	If an RSU vests as provided for above, the Company will deliver one Share for that RSU unless at the time of settlement the Board, in its sole discretion, determines that settlement shall, in whole or in part, be in the form of cash, based on
the then Fair Market Value of a Share of the Company’s Common Stock. No fractional Shares will be issued or delivered pursuant to the Award, and the Company will determine whether cash will be paid in lieu of any fractional Share or whether
such fractional Share and any rights thereto will be canceled, terminated or otherwise eliminated. Settlement will occur within thirty (30) days following the Vesting Date; provided, however, if the Liquidity Event Requirement is
triggered by an IPO, settlement will not be made before the earliest of (i) the 181st day following the IPO, (ii) the March 15th following the year in which the IPO occurs, or (iii) the Expiration Date. In no event will an RSU be
settled later than two and one-half (2-1/2) months following the end of the year in which the Vesting Date applicable to that RSU occurs. 

  

	 Acknowledgements 
	You understand that your employment or consulting relationship with the Company is for an unspecified duration, can be terminated at any time (i.e., is “at-will”), and that nothing in this Notice of Grant, the RSU Agreement or the Plan
changes the at-will nature of that relationship. You acknowledge that the vesting of the RSUs pursuant to this Notice of Grant is conditioned on the satisfaction of the Time-Based Requirement and the occurrence, on or before the Expiration Date, of
an IPO or RSU Change in Control. You will have no right with respect to the RSUs to the extent an IPO or RSU Change in Control does not occur on or before the Expiration Date (regardless of the extent to which the Time-Based Requirement was
satisfied). 

 By your signature and the signature of the Company’s representative below, you and the Company agree that this RSU is
granted under and governed by the terms and conditions of the Plan, this Notice of Grant and the RSU Agreement. You agree that you have reviewed the Plan, this Notice of Grant and the RSU Agreement in their entirety, have had an opportunity to
obtain the advice of counsel prior to executing this Notice of Grant, and fully understand all provisions of the Plan, this Notice of Grant and the RSU Agreement. You hereby agree to accept as binding, conclusive and 

  
 APIGEE
CORPORATION 
 RESTRICTED STOCK UNIT GRANT NOTICE

  
 -18- 

 final all decisions or interpretations of the Board upon any questions relating to the Plan, this Notice of
Grant and the RSU Agreement. You further agree to notify the Company upon any change in your residence address. 
 You further agree to accept by
email all documents relating to the Company, the Plan or the RSUs and all other documents that the Company is required to deliver to its security holders (including, without limitation, disclosures that may be required by the Securities and Exchange
Commission). You also agree that the Company may deliver these documents by posting them on a website maintained by the Company or by a third party under contract with the Company. If the Company posts these documents on a website, it will notify
you by email of their availability. You acknowledge that you may incur costs in connection with electronic delivery, including the cost of accessing the internet and printing fees, and that an interruption of internet access may interfere with your
ability to access the documents. 
  

							
	[PARTICIPANT]	 		 	APIGEE CORPORATION
				
	 	 		 	 By:
	 	 
				
		 		 	Its:	 	 

  
 APIGEE
CORPORATION 
 RESTRICTED STOCK UNIT GRANT NOTICE

  
 -19- 

 APIGEE CORPORATION 

2005 STOCK INCENTIVE PLAN 

RESTRICTED STOCK UNIT AGREEMENT 
 Unless
otherwise defined herein, the terms defined in the Plan or in the related Notice of Grant, as the case may be, shall have the same defined meanings in this RSU Agreement. 

SECTION 1. PAYMENT FOR STOCK UNITS. 

No cash payment is required for the RSUs subject to this Award (except to the extent necessary to pay applicable withholding taxes). The RSUs
are granted in consideration for past or future Services rendered by Participant. 
 SECTION 2. VESTING. 

The RSUs will vest in accordance with the terms set forth in the Notice of Grant. 

SECTION 3. TERMINATION. 
 If
Participant’s Service is terminated for any reason, all RSUs as to which the Time-Based Requirement has not been satisfied as of the date of such termination shall automatically terminate upon such termination. In such event, any RSUs as to
which the Time-Based Requirement had been satisfied will (if an IPO or RSU Change in Control had not occurred) remain outstanding until the first to occur of an IPO, RSU Change in Control, or the Expiration Date. In case of any dispute as to whether
a termination of Participant’s Service has occurred, the Board shall have sole discretion to determine whether such termination has occurred and the effective date of such termination. Further, if an IPO or RSU Change in Control does not occur
on or before the Expiration Date, all RSUs (regardless of whether or not, or the extent to which, the Time-Based Requirement had been satisfied as to such RSUs) shall automatically terminate upon such Expiration Date. Upon a termination of one or
more RSUs pursuant to this Section 3, Participant shall have no further right with respect to such RSUs. 
 SECTION 4. NATURE OF RESTRICTED
STOCK UNITS. 
 The RSUs are mere bookkeeping entries. They represent only the Company’s unfunded and unsecured promise to issue
Shares on a future date. As a holder of RSUs, Participant has no rights other than the rights of a general creditor of the Company. 
 SECTION 5.
NO STOCKHOLDER RIGHTS. 
 Unless and until such time as Shares are issued in settlement of vested RSUs, Participant shall have no
ownership of the Shares (including, without limitation, voting rights). Further, Participant shall have no right to dividends (or as to any adjustment for dividends, other than stock dividends) as to any dividend record date that occurs before such
Shares are issued in settlement of vested RSUs. 

  
 A-1 

 SECTION 6. NO TRANSFER. 

The RSUs and any interest therein shall not be sold, assigned, transferred, pledged, hypothecated, or otherwise disposed of. 

SECTION 7. TAX MATTERS. 
  

	 	(a)	Withholding Taxes. Prior to the settlement of the RSUs, Participant shall pay or make adequate arrangements satisfactory to the Company and/or Participant’s actual employer (the “Employer”) to
satisfy any or all withholding obligations of the Company and/or the Employer for income tax, social insurance, payroll tax, payment on account or other tax-related items (“Tax-Related Items”). In this regard, Participant authorizes the
Company and/or the Employer to withhold all applicable Tax-Related Items legally payable by Participant from Participant’s wages or other cash compensation paid to Participant by the Company and/or the Employer. With the Company’s consent,
these arrangements may also include, if permissible under local law, (a) withholding Shares that otherwise would be issued to Participant when the RSUs are settled, provided that the Company only withholds the amount of Shares necessary to
satisfy the minimum statutory withholding amount, (b) having the Company withhold taxes from the proceeds of the sale of the Shares, either through a voluntary sale or through a mandatory sale arranged by the Company (on Participant’s
behalf pursuant to this authorization), or (c) any other arrangement approved by the Company. The Fair Market Value of these Shares, determined as of the effective date when taxes otherwise would have been withheld in cash, will be applied as a
credit against the withholding taxes. Finally, Participant shall pay to the Company or the Employer any amount of Tax-Related Items that the Company or the Employer may be required to withhold as a result of Participant’s participation in the
Plan or purchase of Shares that cannot be satisfied by the means previously described. The Company may refuse to deliver the Shares if Participant fails to comply with Participant’s obligations in connection with the Tax-Related Items as
described in this section, and Participant’s rights to the Shares shall be forfeited if Participant does not comply with such obligations on or before December 31 of the calendar year in which the applicable vesting date for the RSUs
occurs. 

  

	 	(b)	 Section 409A. The RSUs are intended to be exempt from the application of Section 409A of the Code pursuant to the “short-term
deferral exemption” in Treasury Regulation section 1.409A-1(b)(4) and shall be administered and interpreted in a manner that complies with such exemption. To the extent that any provision of this Agreement is ambiguous as to its exemption from
Section 409A of the Code, the provision shall be read in such a manner so that all payments hereunder are exempt from Section 409A of the Code. Notwithstanding the foregoing, if this Award is interpreted as not being exempt from
Section 409A of the Code, it shall be interpreted to comply with the requirements of Section 409A 

  
 APIGEE
CORPORATION 
 RESTRICTED STOCK UNIT AGREEMENT 

  
 A-2 

	 	
of the Code so that the Award is not subject to additional tax or interest under Section 409A of the Code. 

 

	 	(c)	Acknowledgements. Participant acknowledges that there will be tax consequences upon vesting and/or settlement of the RSUs and/or disposition of the Shares, if any, received hereunder, and Participant should
consult a tax adviser regarding Participant’s tax obligations prior to such event. Participant acknowledges that the Company is not providing any tax, legal, or financial advice, nor is the Company making any recommendations regarding
Participant’s participation in the Plan or acquisition or sale of Shares subject to this award. Participant is hereby advised to consult with Participant’s own personal tax, legal, and financial advisors regarding his or her participation
in the Plan. Participant acknowledges that the Company (i) makes no representations or undertakings regarding the tax treatment of the award of RSUs, including but not limited to the grant, vesting, or settlement of the RSUs, the subsequent
sale of Shares acquired pursuant to such RSUs, and the receipt of any dividends; and (ii) does not commit to and is under no obligation to structure the terms of the grant of the RSUs to reduce or eliminate Participant’s tax liability or
achieve any particular tax result. Participant shall not make any claim against the Company or its Board, officers, or employees related to tax matters arising from this award or Participant’s other compensation. 

SECTION 8. LIMITATIONS ON TRANSFER OF SHARES. 

In addition to any other limitation on transfer created by applicable securities laws, Participant shall not assign, encumber or dispose of any
interest in the Shares issued pursuant to this RSU Agreement except in compliance with the provisions below and applicable securities laws. The Company shall not be required (a) to transfer on its books any Shares which shall have been sold or
transferred in violation of any of the provisions set forth in this RSU Agreement or (b) to treat as owner of such Shares or to accord the right to vote as such owner or to pay dividends to any transferee to whom such Shares shall have been so
transferred. 
 SECTION 9. MARKET STANDOFF AGREEMENT. 

Participant hereby agrees that in connection with any underwritten public offering by the Company of its equity securities pursuant to an
effective registration statement filed under the Securities Act, including the Company’s initial public offering, Participant shall not, directly or indirectly, engage in any transaction prohibited by the underwriter, or sell, make any short
sale of, contract to sell, transfer the economic risk of ownership in, loan, hypothecate, pledge, grant any option for the purchase of, or otherwise dispose or transfer for value or agree to engage in any of the foregoing transactions with respect
to any Common Stock without the prior written consent of the Company or its underwriters, for such period of time after the effective date of such registration statement as may be requested by the Company or such underwriters. Such period of time
shall not exceed one hundred eighty (180) days and may be required by the underwriter as a market condition of the offering; provided, however, that if either (a) during the last seventeen (17) days of such one hundred eighty
(180) day period, the Company issues an 

  
 APIGEE
CORPORATION 
 RESTRICTED STOCK UNIT AGREEMENT 

  
 A-3 

 
earnings release or material news or a material event relating to the Company occurs or (b) prior to the expiration of such one hundred eighty (180) day period, the Company announces
that it will release earnings results during the sixteen (16) day period beginning on the last day of the one hundred eighty (180) day period, then the restrictions imposed during such one hundred eighty (180) day period shall
continue to apply until the expiration of the eighteen (18) day period beginning on the issuance of the earnings release or the occurrence of the material news or material event; provided, further, that in the event the Company or the
underwriter requests that the one hundred eighty (180) day period be extended or modified pursuant to then-applicable law, rules, regulations or trading policies, the restrictions imposed during the one hundred eighty (180) day period
shall continue to apply to the extent requested by the Company or the underwriter to comply with such law, rules, regulations or trading policies. Participant hereby agrees to execute and deliver such other agreements as may be reasonably requested
by the Company or the underwriter which are consistent with the foregoing or which are necessary to give further effect thereto. To enforce the provisions of this Section, the Company may impose stop-transfer instructions with respect to the Common
Stock until the end of the applicable stand-off period. 
 SECTION 10. COMPLIANCE WITH LAWS AND REGULATIONS. 

In accordance with Section 14 of the Plan, the issuance of Shares will be subject to and conditioned upon compliance with all applicable
state and federal laws and regulations and with all applicable requirements of any stock exchange or automated quotation system on which the Company’s Stock may be listed or quoted at the time of such issuance or transfer. Participant (or the
beneficiary or personal representative of Participant in the event of Participant’s death or incapacity, as the case may be) shall deliver to the Company any representations or other documents or assurances as the Company may deem necessary or
reasonably desirable to ensure compliance with all applicable legal and regulatory requirements. 
 SECTION 11. LEGEND ON CERTIFICATES.

 The certificates representing the Shares issued hereunder shall be subject to such stop transfer orders and other restrictions as the
Board may deem advisable under the Plan, this RSU Agreement or the rules, regulations, and other requirements of the Securities and Exchange Commission, any stock exchange upon which such Shares are listed, and any applicable Federal or state laws,
and the Board may cause a legend or legends to be put on any such certificates to make appropriate reference to such restrictions, including the following: 

THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED OR QUALIFIED UNDER THE U.S. SECURITIES ACT OF 1933,
AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE OR FOREIGN JURISDICTION, AND MAY BE OFFERED AND SOLD ONLY IF REGISTERED AND QUALIFIED PURSUANT TO THE RELEVANT PROVISIONS OF U.S. FEDERAL AND STATE AND APPLICABLE FOREIGN SECURITIES LAWS OR IF

  
 APIGEE
CORPORATION 
 RESTRICTED STOCK UNIT AGREEMENT 

  
 A-4 

 
THE COMPANY IS PROVIDED AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT REGISTRATION AND QUALIFICATION UNDER U.S. FEDERAL AND STATE AND APPLICABLE FOREIGN SECURITIES LAWS IS NOT REQUIRED.

 THE SECURITIES REPRESENTED BY THIS CERTIFICATE MAY NOT BE SOLD, TRANSFERRED, ENCUMBERED OR IN ANY MANNER DISPOSED OF,
EXCEPT IN COMPLIANCE WITH THE TERMS OF A WRITTEN AGREEMENT BETWEEN THE COMPANY AND THE INITIAL HOLDER HEREOF. SUCH AGREEMENT PROVIDES FOR CERTAIN TRANSFER RESTRICTIONS. THE SECRETARY OF THE COMPANY WILL UPON WRITTEN REQUEST FURNISH A COPY OF SUCH
AGREEMENT TO THE HOLDER HEREOF WITHOUT CHARGE. 
 SECTION 12. SUCCESSORS AND ASSIGNS. 

The Company may assign any of its rights under this RSU Agreement. This RSU Agreement shall be binding upon and inure to the benefit of the
successors and assigns of the Company. Subject to the restrictions on transfer set forth herein, this RSU Agreement will be binding upon Participant and Participant’s heirs, executors, administrators, legal representatives, successors and
assigns. 
 SECTION 13. ENTIRE AGREEMENT; AMENDMENT; SEVERABILITY. 

The Plan and Notice of Grant are incorporated herein by reference. The Plan, the Notice of Grant and this RSU Agreement constitute the entire
agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior undertakings and agreements of the Company and Participant with respect to the subject matter hereof. Within the limitations of the Plan,
the Board may modify this Award. The foregoing notwithstanding, no modification of the Award shall, without Participant’s consent, materially impair Participant’s rights or increase Participant’s obligations under the Award. The
Company may unilaterally waive any provision of the Award in writing, but no such waiver shall operate as or be construed to be a subsequent waiver of the same provision or a waiver of any other provision hereof. If any provision of the Award is
determined by a court of law to be illegal or unenforceable, then such provision will be enforced to the maximum extent possible and the other provisions will remain fully effective and enforceable. 

SECTION 14. PLAN. 
 The RSUs
and all rights of the Participant under this RSU Agreement are subject to the terms and conditions of the Plan. Unless otherwise expressly provided in other sections of this RSU Agreement, provisions of the Plan that confer discretionary authority
on the Board do not and shall not be deemed to create any rights in the Participant unless such rights are expressly set 

  
 APIGEE
CORPORATION 
 RESTRICTED STOCK UNIT AGREEMENT 

  
 A-5 

 
forth herein or are otherwise in the sole discretion of the Board so conferred by appropriate action of the Board under the Plan after the date hereof. 

SECTION 15. NO RIGHTS AS EMPLOYEE, DIRECTOR OR CONSULTANT. 

Nothing in the Plan, the Notice of Grant or this RSU Agreement shall affect in any manner whatsoever the right or power of the Company, or a
Parent or Subsidiary of the Company, to terminate Participant’s Service, for any reason, with or without cause, affect the Participant’s status, if he or she is an employee, as an
employee at will who is subject to termination without cause, confer upon the Participant any right to remain employed by or in Service to the Company or any Parent or Subsidiary of the Company, interfere in any way with the right of the Company or
any Parent or Subsidiary of the Company at any time to terminate such employment or Service, or affect the right of the Company or any Parent or Subsidiary of the Company to increase or decrease the Participant’s other compensation. 

SECTION 16. APPLICABLE LAW. 

This RSU Agreement will be interpreted and enforced under the laws of the State of Delaware (without regard to its choice of law provisions).

  
 APIGEE
CORPORATION 
 RESTRICTED STOCK UNIT AGREEMENT 

  
 A-6

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