Document:

EX-10.3

 Exhibit 10.3 

COMPONENT PRICING AGREEMENT 
 This
Component Pricing Agreement (this “Agreement”) is between Restoration Robotics, Inc., a Delaware corporation with a principal address at 128 Baytech Drive, San Jose, California 95134 (“Restoration Robotics”) and
Evolve Manufacturing Technologies Inc., a company having a place of business at 47300 Bayside Parkway, Fremont, CA 94538 (“Component Supplier”) and is effective as of August 1, 2016 (the “Effective
Date”). Restoration Robotics and Component Supplier may be each referred to herein as a “Party” or collectively as the “Parties.” 

WHEREAS, Component Supplier purchases certain products from certain vendors (each, a “RR Manufacturer”, and collectively the
“RR Manufacturers”) for the manufacturing of products for Restoration Robotics (such products, “RR Products”). 

WHEREAS, Restoration Robotics purchases RR Products from Component Supplier. 

WHEREAS, the Parties wish to define certain pricing parameters for such components to ensure that the pricing therefor is consistent between the RR
Manufacturers. 
 NOW THEREFOR, the Parties agree as follows: 
  

	1.	Component Pricing. The Parties agree that, for the period from the Effective Date until the one (1) year anniversary thereof, Component Supplier shall supply all orders of the components and associated
quantities as listed in Exhibit A attached to this Agreement, ordered from RR Manufacturers for the manufacture of RR Products at a unit price not to exceed the pricing set forth in Exhibit A. Restoration Robotics agrees to purchase from
Component Supplier the total quantity of components listed in Exhibit A (the “Total Quantity”) and Component Supplier agrees and acknowledges that Restoration Robotics’ maximum liability under this Agreement shall not exceed the cost
of purchasing the Total Quantity. Restoration Robotics may, at its sole option, determine the quantities of each component listed in Exhibit A provided that Restoration Robotics purchases the Total Quantity. Component Supplier agrees and
acknowledges that all costs related to NRE, setup, or other production related costs associated with the components listed in Exhibit A are included in the unit prices stated for the components listed in Exhibit A. Component Supplier shall not
charge Restoration Robotics any production related costs or any other charges not specified in Exhibit A. 

  

	2.	Parties’ Relationship. For clarity, this is a pricing agreement only, and Component Supplier acknowledges that supply, quality and all other terms shall be governed by Component Supplier’s relationship
with the RR Manufacturers. It is understood that nothing herein constitutes an agreement for exclusivity on the part of any of the parties. 

  

	3.	Governing Law. This Agreement shall be governed by, and construed and interpreted in accordance with, the laws of the United States and the State of Delaware, without reference to conflict of laws principles and
excluding the 1980 U.N. Convention on Contracts for the International Sale of Goods. 

  

	4.	Assignment. Neither Party may assign this Agreement without the prior written consent of the other; provided, however, that Restoration Robotics may assign to a party that succeeds to all or substantially all of
Restoration Robotics’ business or assets relating to this Agreement whether by sale, merger, operation of law or otherwise; provided that such assignee or transferee promptly agrees in writing to be bound by the terms and conditions of this
Agreement. 

  

	5.	Severability. If any provision of this Agreement is found by a court of competent jurisdiction to be unenforceable, that provision shall be severed and the remainder of this Agreement shall continue in full force
and effect. 

  

	6.	Notices. Any notices required or permitted hereunder shall be given to the appropriate Party at the address listed on the first page of the Agreement, or such other address as the Party shall specify in writing
pursuant 

	 	
to this notice provision. Any notice required or permitted to be given hereunder must be in writing and will be deemed to have been received by its recipient on the business day it is personally
delivered or delivered by a recognized overnight delivery service at the following address (or at such other address as such Party specifies to the other Party in writing), or on the day sent by facsimile transmission if confirmation of transmission
is received and a confirmatory copy is sent by US mail within one business day. If sent by certified or registered mail postage prepaid and return receipt requested, such notice will be deemed to have been received on the fifth business day after
mailing, addressed to such Party at such address 

  

	7.	Counterparts; Electronic Signature. This Agreement may be executed in one or more counterparts, or by electronic signature on a PDF document, each of which will be deemed an original, but all of which together
shall constitute one and the same instrument. 

  

	8.	Non-Waiver. No failure or delay of one of the Parties to insist upon strict performance of any of its rights or powers under this Agreement shall operate as a waiver
thereof, nor shall any other single or partial exercise of such right or power preclude any other further exercise of any rights or remedies provided by law. 

ACCEPTED AND AGREED TO: 
  

									
	RESTORATION ROBOTICS	 		 	COMPONENT SUPPLIER
					
	By:	 	 /s/ Gabe Zingaretti
	 		 	By:	 	 /s/ Noreen King

	Name:	 	Gabe Zingaretti	 		 	Name:	 	Noreen King
	Title:	 	COO	 		 	Title:	 	CEO

 EXHIBIT A 

Product Cost 
  

																																					
	 P/N
	  	Order
Qty	 	  	Material
($)	 	  	Labor
($45/hr)	  	Material
OH ($)
(12%)	 	  	Cleanroom
Cost	 	  	Sub-Total
($)	 	  	Evolve
Margin
(10%)	 	  	Total ($)
per unit	 	  	Ext Total ($)	 
	 FP-45173

or

FP-45174
	  	 	4,000	 	  	$	101.69	 	  	$    23.21	  	$	12.20	 	  	$	7.50	 	  	$	144.61	 	  	$	14.46	 	  	$	159.07	 	  	$	636,263.32	 
	  	 	6,000	 	  	$	101.69	 	  	$    22.73	  	$	12.20	 	  	$	3.00	 	  	$	139.62	 	  	$	13.96	 	  	$	153.58	 	  	$	921,477.48	 
	  	 	9,000	 	  	$	101.69	 	  	$    22.40	  	$	12.20	 	  	$	2.00	 	  	$	138.29	 	  	$	13.83	 	  	$	152.12	 	  	$	1,369,098.72	 
	 FP-100766

or

FP-100482
	  	 	4,000	 	  	$	108.25	 	  	$    23.21	  	$	12.99	 	  	$	7.50	 	  	$	151.95	 	  	$	15.20	 	  	$	167.15	 	  	$	668,591.00	 
	  	 	6,000	 	  	$	108.25	 	  	$    22.73	  	$	12.99	 	  	$	3.00	 	  	$	146.97	 	  	$	14.70	 	  	$	161.66	 	  	$	969,969.00	 
	  	 	9,000	 	  	$	108.25	 	  	$    22.40	  	$	12.99	 	  	$	2.00	 	  	$	145.64	 	  	$	14.56	 	  	$	160.20	 	  	$	1,441,836.00	 
	
FP-47060
	  	 	1,500	 	  	$	40.00	 	  	$    14.80	  	$	4.80	 	  	$	10.00	 	  	$	69.60	 	  	$	6.96	 	  	$	76.56	 	  	$	114,840.00	 
	  	 	4,000	 	  	$	39.00	 	  	$    13.99	  	$	4.68	 	  	$	7.50	 	  	$	65.17	 	  	$	6.52	 	  	$	71.68	 	  	$	286,737.00	 
	  	 	6,000	 	  	$	38.79	 	  	$    13.83	  	$	4.65	 	  	$	3.00	 	  	$	60.27	 	  	$	6.03	 	  	$	66.30	 	  	$	397,780.68	 
	  	 	9,000	 	  	$	38.79	 	  	$    13.72	  	$	4.65	 	  	$	2.00	 	  	$	59.16	 	  	$	5.92	 	  	$	65.08	 	  	$	585,698.52	 

 Sterilization Cost 
  

																	
	 P/N
	  	Sterilization ($)
per run	 	  	Evolve Margin (8%)	 	  	Transportation
To/From Facility	 	  	Total ($)
per run	 
	 FP-45173

or

FP-45174
	  	$	1,200.00	 	  	$	96.00	 	  	$	170.00	 	  	$	1,466.00	 
	  	$	1,200.00	 	  	$	96.00	 	  	$	170.00	 	  	$	1,466.00	 
	  	$	1,200.00	 	  	$	96.00	 	  	$	170.00	 	  	$	1,466.00	 
	
FP-47060
	  	$	900.00	 	  	$	72.00	 	  	$	170.00	 	  	$	1,142.00	 
	  	$	900.00	 	  	$	72.00	 	  	$	170.00	 	  	$	1,142.00	 
	  	$	900.00	 	  	$	72.00	 	  	$	170.00	 	  	$	1,142.00	 

 Quarterly Dose Audit Cost 
  

																					
	 P/N
	  	Dose Audit
Kit Cost ($)	 	  	Dose Audit
Lab Cost ($)	 	  	Evolve Margin (8%)	 	  	Transportation
To Lab	 	  	Total ($)
per quarter	 
	 FP-100651 or

FP-100652
	  	 $
	 2,455.12
	  
	  	 $
	 5,356.00
	  
	  	 $
	 428.48
	  
	  	 $
	 262.50
	  
	  	 $
	 8,502.10
	  

	 FP-46447
	  	$	1,231.38	 	  	$	5,356.00	 	  	$	428.48	 	  	$	262.50	 	  	$	7,278.36	 

 Shipping to Legacy 
  

					
	 P/N
	  	  Shipping Cost  	 
	 FP-45173

or

FP-45174
	  	  
	 $165 per trip
	  

	FP-47060	  			

 NOTES: 
  

	i.	Quote is FOB Evolve Manufacturing (Fremont, CA) 

  

	ii.	Quote is valid for 30 days from issuance date of this quotation. 

  

	iii.	Terms NET 30 days. 

  

	iv.	Workmanship warranty 12 months from ship date. 

  

	vi.	Customer will be responsible for excess/obsolete material resulting from change orders or end of program 

  

	vii.	Sterilization, Quarterly Dose Audit and Shipping charges will be invoiced as incurred, separate from Finished Product.EX-10.4

 Exhibit 10.4 

FIRST AMENDMENT 
 TO

 COMPONENT PRICING AGREEMENT 

This First Amendment (“First Amendment”) is made and entered into as of August 30, 2017 (“First Amendment
Effective Date”), by and between RESTORATION ROBOTICS, INC. (“RR” or “Restoration Robotics”) and EVOLVE MANUFACTURING TECHNOLOGIES INC. (“Component Supplier”), and amends that
certain Component Pricing Agreement, dated August 1, 2016, between RR and Component Supplier (“Agreement”). 

WHEREAS, RR and Component Supplier wish to amend the Agreement, in accordance with the terms and conditions of this First
Amendment; 
 WHEREAS, the capitalized terms not otherwise defined herein will have the meanings ascribed to them in the Agreement;
and 
 WHEREAS, RR and Component Supplier agree that, with the exception of any agreements that are presently active under the
Agreement, which remain in full force, this First Amendment modifies the Agreement between the parties commencing as of the First Amendment Effective Date. 

NOW THEREFORE, in consideration of the mutual covenants and undertakings contained herein, and subject to the terms and conditions set
forth herein, the parties hereby agree as follows: 
  

	 	1.	Section 1, “Component Pricing” of the Agreement is hereby amended by deleting the existing Section 1, “Component Pricing” and inserting the following in lieu thereof:

 Component Pricing. The Parties agree that, for the period from the Effective Date until the two (2) year anniversary
thereof, Component Supplier shall supply all orders of the components and associated quantities as listed in Exhibit A attached to this Agreement, ordered from RR Manufacturers for the manufacture of RR Products at a unit price not to exceed the
pricing set forth in Exhibit A. Restoration Robotics agrees to purchase from Component Supplier the total quantity of components listed in Exhibit A (the “Total Quantity”) and Component Supplier agrees and acknowledges that Restoration
Robotics’ maximum liability under this Agreement shall not exceed the cost of purchasing the Total Quantity. Restoration Robotics may, at its sole option, determine the quantities of each component listed in Exhibit A provided that Restoration
Robotics purchases the Total Quantity. Component Supplier agrees and acknowledges that all costs related to NRE, setup, or other production related costs associated with the components listed in Exhibit A are included in the unit prices stated for
the components listed in Exhibit A. Component Supplier shall not charge Restoration Robotics any production related costs or any other charges not specified in Exhibit A. 

IN WITNESS WHEREOF, the parties hereto have executed, or caused their duly authorized representatives to execute, this First Amendment
as of the First Amendment Effective Date. 
 EVOLVE MANUFACTURING 
  

									
	TECHNOLOGIES INC.	 		 	RESTORATION ROBOTICS, INC.
					
	Signature:	 	 /s/ Noreen King
	 		 	Signature:	 	 /s/ Charlotte Holland

	Name:	 	Noreen King	 		 	Name:	 	Charlotte Holland
	Date:	 	8-28-17	 		 	Date:	 	Aug 30, 2017

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