Document:

Exhibit 10.1

 

Akerna Corp.

 

2019 Long Term Incentive Plan

 

Section 1. Purpose; Definitions.

 

1.1. Purpose. The purpose of the
Plan is to enable the Company to offer to employees, officers and directors of and consultants to the Company and its Subsidiaries,
Parent and Affiliates whose past, present and/or potential future contributions to the Company and its Subsidiaries have been,
are or will be important to the success of the Company, an opportunity to share monetarily in the success of and/or acquire a proprietary
interest in the Company. The various types of long-term incentive awards that may be provided under the Plan will enable the Company
to respond to changes in compensation practices, tax laws, accounting regulations and the size and diversity of its businesses.

 

1.2. Definitions. For purposes of
the Plan, the following terms shall be defined as set forth below:

 

(a) “Affiliate” means a corporation,
limited liability company or other entity that controls, is controlled by, or is under common control with the Company and designated
by the Committee from time to time as such.

 

(b) “Agreement” means the agreement
between the Company and the Holder, or such other document as may be determined by the Committee, setting forth the terms and conditions
of an award under the Plan.

 

(c) “Asset Sale” means an acquisition
by any one person, or more than one person acting as a group, together with acquisitions during the 12-month period ending on the
date of the most recent acquisition by such person or persons, of assets from the Company that have a total gross fair market value
equal to or more than 50% of the total gross fair market value of all of the assets of the Company immediately before such acquisition
or acquisitions. For this purpose, gross fair market value means the value of the assets of the Company, or the value of the assets
being disposed of, determined without regard to any liabilities associated with such assets.

 

(d) “Board” means the Board
of Directors of the Company.

 

(e) “Change of Control” means
a transaction in which any one person, or more than one person acting as a group, acquires the ownership of stock of the Company
that, together with the stock held by such person or group, constitutes more than 50% of the total Fair Market Value or combined
voting power of the stock of the Company. A Change in Control caused by an increase in the percentage of stock owned by any one
person, or persons acting as a group, as a result of a transaction in which the Company acquires its stock in exchange for property
is not treated as a Change of Control for purposes of the Plan.

 

(f) “Code” means the Internal
Revenue Code of 1986, as amended from time to time.

 

(g) “Committee” means the committee
of the Board designated to administer the Plan as provided in Section 2.1. If no Committee is so designated, then all references
in this Plan to “Committee” shall mean the Board.

 

(h) “Common Stock” means the
Common Stock of the Company, par value $.0001 per share.

 

(i) “Company” means Akerna
Corp., a corporation organized under the laws of the State of Delaware.

 

(j) “Disability” means physical
or mental impairment as determined under procedures established by the Committee for purposes of the Plan.

 

(k) “Effective Date” means
the date determined pursuant to Section 11.1.

 

(l) “Fair Market Value,” unless
otherwise required by any applicable provision of the Code or any regulations issued thereunder, means, as of any given date: (i)
if the Common Stock is listed on a national securities exchange or is traded over-the-counter and last sale information is available,
unless otherwise determined by the Committee, the last sale price of the Common Stock in the principal trading market for the Common
Stock on such date, as reported by the exchange or by such source that the Committee deems reliable, as the case may be; or (ii)
if the fair market value of the Common Stock cannot be determined pursuant to clause (i), such price as the Committee shall determine,
in good faith.

 

     

     

    

 

(m) “Holder” means a person
who has received an award under the Plan.

 

(n) “Incentive Stock Option”
means any Stock Option intended to be and designated as an “incentive stock option” within the meaning of Section 422
of the Code.

 

(o) “Non-qualified Stock Option”
means any Stock Option that is not an Incentive Stock Option.

 

(p) “Normal Retirement” means
retirement from active employment with the Company or any Subsidiary on or after such age which may be designated by the Committee
as “retirement age” for any particular Holder. If no age is designated, it shall be 65.

 

(q) “Other Stock-Based Award”
means an award under Section 8 that is valued in whole or in part by reference to, or is otherwise based upon, Common Stock.

 

(r) “Parent” means any present
or future “parent corporation” of the Company, as such term is defined in Section 424(e) of the Code.

 

(s) “Plan” means the Company’s
2019 Long Term Incentive Plan, as hereinafter amended from time to time.

 

(t) “Repurchase Value” shall
mean the Fair Market Value if the award to be settled under Section 2.2(e) or repurchased under Section 5.2(l) is comprised of
shares of Common Stock and the difference between Fair Market Value and the exercise price (if lower than Fair Market Value) if
the award is a Stock Option or Stock Appreciation Right; in each case, multiplied by the number of shares subject to the award.
“Repurchase Value” if the award to be repurchased under Section 9.2 is comprised of shares of Common Stock shall mean
the greater of the Fair Market Value or the value of such award based upon the price per share of Common Stock received or to be
received by other shareholders of the Company in the event. “Repurchase Value” if the award to be repurchased under
Section 9.2 is comprised of Stock Options or Stock Appreciation Rights shall mean the difference between the greater of (1) the
Fair Market Value or the value of such award based upon the price per share of Common Stock received or to be received by other
shareholders of the Company in the event and (2) the exercise price (if lower), multiplied by the number of shares subject to the
award.

 

(u) “Restriction Period” means
the time or times within which awards may be subject to forfeiture, including upon termination of employment or failure of performance
conditions.

 

(v) “Restricted Stock” means
Common Stock received under an award made pursuant to Section 7 that is subject to restrictions under Section 7.

 

(w) “Restricted Stock Unit”
means an unfunded, unsecured right to receive, on the applicable settlement date, one share or an amount in cash or other consideration
determined by the Committee to be of equal value as of such settlement date, subject to certain vesting conditions and other restrictions.

 

(x) “SAR Value” means the excess
of the Fair Market Value (on the exercise date) over (a) the exercise price that the participant would have otherwise had to pay
to exercise the related Stock Option or (b) if a Stock Appreciation Right is granted unrelated to a Stock Option, the Fair Market
Value of a share of Common Stock on the date of grant of the Stock Appreciation Right, in either case, multiplied by the number
of shares for which the Stock Appreciation Right is exercised.

 

(y) “Stock Appreciation Right”
means the right to receive from the Company, without a cash payment to the Company, either a number of shares of Common Stock equal
to the SAR Value divided by the Fair Market Value (on the exercise date), or, at the Company’s election, cash in the amount
of the SAR Value.

 

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(z) “Stock Option” or “Option”
means any option to purchase shares of Common Stock which is granted pursuant to the Plan.

 

(aa) “Subsidiary” means any
present or future “subsidiary corporation” of the Company, as such term is defined in Section 424(f) of the Code.

 

(bb) “Vest” means to become
exercisable or to otherwise obtain ownership rights in an award. No award shall vest in less than a one-year period.

 

Section 2. Administration.

 

2.1. Committee Membership. The Plan
shall be administered by the Board or a Committee. If administered by a Committee, such Committee shall be composed of at least
two directors, all of whom are “non-employee” directors within the meaning of Rule 16b-3 under the Securities Exchange
Act of 1934, as amended. Committee members shall serve for such term as the Board may in each case determine and shall be subject
to removal at any time by the Board.

 

2.2. Powers of Committee. The Committee
shall have full authority to award, pursuant to the terms of the Plan: (i) Stock Options, (ii) Stock Appreciation Rights, (iii)
Restricted Stock, (iv) Restricted Stock Units, and/or (v) Other Stock-Based Awards. For purposes of illustration and not of limitation,
the Committee shall have the authority (subject to the express provisions of this Plan):

 

(a) to select the officers, employees,
directors and consultants of the Company, Parent, Subsidiary or Affiliate to whom Stock Options, Stock Appreciation Rights, Restricted
Stock, Restricted Stock Units and/or Other Stock-Based Awards may from time to time be awarded hereunder;

 

(b) to determine the terms and conditions,
not inconsistent with the terms of the Plan, of any award granted hereunder (including, but not limited to, number of shares, share
exercise price or types of consideration paid upon exercise of such options, such as other securities of the Company or other property,
any restrictions or limitations, and any vesting, exchange, surrender, cancellation, acceleration, termination, exercise or forfeiture
provisions, as the Committee shall determine);

 

(c) to determine any specified performance
goals or such other factors or criteria which need to be attained for the vesting of an award granted hereunder;

 

(d) to determine the terms and conditions
under which awards granted hereunder are to operate on a tandem basis and/or in conjunction with or apart from other awards under
this Plan and cash and non-cash awards made by the Company, Parent, Subsidiary and/or Affiliate outside of this Plan; and

 

(e) to make payments and distributions
with respect to awards (i.e., to “settle” awards) through cash payments in an amount equal to the Repurchase
Value.

 

The Committee may not modify or amend any
outstanding Option or Stock Appreciation Right to reduce the exercise price of such Option or Stock Appreciation Right, as applicable,
below the exercise price as of the date of grant of such Option or Stock Appreciation Right. In addition, no payment of cash or
other property having a value greater than the Repurchase Value may be made, and no Option or Stock Appreciation Right with a lower
exercise price may be granted, in exchange for, or in connection with, the cancellation or surrender of an Option or Stock Appreciation
Right.

 

Non-employee directors may not be granted
any awards covering more than [●] shares of Common Stock in any year.

 

2.3. Interpretation of Plan. Subject
to Section 10, the Committee shall have the authority to adopt, alter and repeal such administrative rules, guidelines and practices
governing the Plan as it shall from time to time deem advisable, to interpret the terms and provisions of the Plan and any award
issued under the Plan (and to determine the form and substance of all Agreements relating thereto), and to otherwise supervise
the administration of the Plan. Subject to Section 10, all decisions made by the Committee pursuant to the provisions of the Plan
shall be made in the Committee’s sole discretion and shall be final and binding upon all persons, including the Company,
its Parent, Subsidiaries, Affiliates and Holders.

 

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Section 3. Stock Subject to Plan.

 

3.1. Number of Shares. The total
number of shares of Common Stock reserved and available for issuance under the Plan shall be up to 1,565,038 shares. Shares of
Common Stock under the Plan (“Shares”) may consist, in whole or in part, of authorized and unissued shares or treasury
shares. If any shares of Common Stock that have been granted pursuant to a Stock Option cease to be subject to a Stock Option,
or if any shares of Common Stock that are subject to any Stock Appreciation Right, Restricted Stock award, Restricted Stock Units
or Other Stock-Based Award granted hereunder are forfeited, or any such award otherwise terminates without a payment being made
to the Holder in the form of Common Stock, such shares shall again be available for distribution in connection with future grants
and awards under the Plan. If a Holder pays the exercise price of a Stock Option by surrendering any previously owned shares and/or
arranges to have the appropriate number of shares otherwise issuable upon exercise withheld to cover the withholding tax liability
associated with the Stock Option exercise, then, in the Committee’s discretion, the number of shares available under the
Plan may be increased by the lesser of (i) the number of such surrendered shares and shares used to pay taxes; and (ii) the number
of shares purchased under such Stock Option.

 

3.2. Adjustment Upon Changes in Capitalization,
Etc. In the event of any common stock dividend payable on shares of Common Stock, Common Stock split or reverse split, combination
or exchange of shares of Common Stock, or other extraordinary or unusual event which results in a change in the shares of Common
Stock of the Company as a whole, the Committee shall determine, in its sole discretion, whether such change equitably requires
an adjustment in the terms of any award in order to prevent dilution or enlargement of the benefits available under the Plan (including
number of shares subject to the award and the exercise price) or the aggregate number of shares reserved for issuance under the
Plan. Any such adjustments will be made by the Committee, whose determination will be final, binding and conclusive.

 

3.3. Administrative Stand Still.
In the event of any changes in capitalization described above in Section 3.2, or any other extraordinary transaction or change
affecting the shares or the share price of Common Stock, including any equity restructuring or any securities offering or other
similar transaction, for administrative convenience, the Committee may refuse to permit the exercise of any award for up to sixty
days before and/or after such transaction; provided, however, that the Committee may not refuse to permit the exercise of any award
during the last five trading days prior to the expiration of such award.

 

3.4. Substitute Awards. In connection
with an entity’s merger or consolidation with the Company or any Subsidiary or Affiliate or the Company’s or any Subsidiary’s
or Affiliate’s acquisition of an entity’s property or stock, the Committee may grant awards in substitution for any
options or other stock or stock-based awards granted before such merger or consolidation by such entity or its affiliate. Substitute
awards may be granted on such terms as the Committee deems appropriate, notwithstanding limitations on awards in the Plan. Substitute
awards will not count against the plan limit, except that shares acquired by exercise of substitute Incentive Stock Options will
count against the maximum number of shares that may be issued pursuant to the exercise of Incentive Stock Options under the Plan.

 

Section 4. Eligibility.

 

Awards may be made or granted to employees,
officers, directors and consultants of the Company or its Subsidiaries, Parent or Affiliates who are deemed to have rendered or
to be able to render significant services to the Company or its Subsidiaries and who are deemed to have contributed or to have
the potential to contribute to the success of the Company or Subsidiary and which recipients are qualified to receive options under
the regulations governing Form S-8 registration statements under the Securities Act of 1933, as amended (“Securities Act”).
No Incentive Stock Option shall be granted to any person who is not an employee of the Company, a Subsidiary, Parent or Affiliate
(including any non-employee directors) at the time of grant or so qualified as set forth in the immediately preceding sentence.
Notwithstanding anything to the contrary, an award may be made or granted to a person in connection with his hiring or retention,
or at any time on or after the date he reaches an agreement (oral or written) with the Company or its Subsidiaries, Parent or Affiliates
with respect to such hiring or retention, even though it may be prior to the date the person first performs services for the Company
or its Subsidiaries; provided, however, that no portion of any such award shall vest prior to the date the person first performs
such services and the date of grant shall be deemed to be the date hiring or retention commences.

 

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Section 5. Stock Options.

 

5.1. Grant and Exercise. Stock Options
granted under the Plan may be of two types: (i) Incentive Stock Options and (ii) Non-qualified Stock Options. Any Stock Option
granted under the Plan shall contain such terms, not inconsistent with this Plan, or with respect to Incentive Stock Options, not
inconsistent with the Plan and the Code, as the Committee may from time to time approve. The Committee shall have the authority
to grant Incentive Stock Options or Non-qualified Stock Options, or both types of Stock Options which may be granted alone or in
addition to other awards granted under the Plan.

 

5.2. Terms and Conditions. Stock
Options granted under the Plan shall be subject to the following terms and conditions:

 

(a) Option Term. The term of each
Stock Option shall be fixed by the Committee; provided, however, that no Stock Option may be exercisable after the expiration of
ten years from the date of grant; provided, further, that no Incentive Stock Option granted to a person who, at the time of grant,
owns stock possessing more than 10% of the total combined voting power of all classes of voting stock of the Company (“10%
Shareholder”) may be exercisable after the expiration of five years from the date of grant.

 

(b) Exercise Price. The exercise
price per share of Common Stock purchasable under a Stock Option shall be determined by the Committee at the time of grant; provided,
however, that the exercise price of a Stock Option may not be less than 100% of the Fair Market Value on the date of grant or,
if greater, the par value of a share of Common Stock; provided, further, that the exercise price of an Incentive Stock Option granted
to a 10% Shareholder may not be less than 110% of the Fair Market Value on the date of grant.

 

(c) Exercisability. Stock Options
shall be exercisable at such time or times and subject to such terms and conditions as shall be determined by the Committee. The
Committee intends generally to provide that Stock Options be exercisable only in installments, i.e., that they vest over time,
typically over a two- to five-year period. The Committee may waive such installment exercise provisions at any time at or after
the time of grant in whole or in part, based upon such factors as the Committee determines.

 

(d) Method of Exercise. Subject
to whatever installment, exercise and waiting period provisions are applicable in a particular case, Stock Options may be exercised
in whole or in part at any time during the term of the Option by giving written notice of exercise to the Company specifying the
number of shares of Common Stock to be purchased. Such notice shall be accompanied by payment in full of the purchase price, which
shall be in cash or, if provided in the Agreement, either in shares of Common Stock (including Restricted Stock and other contingent
awards under this Plan) or partly in cash and partly in such Common Stock, or such other means which the Committee determines are
consistent with the Plan’s purpose and applicable law. Cash payments shall be made by wire transfer, certified or bank check
or personal check, in each case payable to the order of the Company; provided, however, that the Company shall not be required
to deliver certificates for shares of Common Stock with respect to which an Option is exercised until the Company has confirmed
the receipt of good and available funds in payment of the purchase price thereof (except that, in the case of an exercise arrangement
approved by the Committee and described in the next sentence of this section, payment may be made as soon as practicable after
the exercise). The Committee may permit a Holder to elect to pay the exercise price upon the exercise of a Stock Option by irrevocably
authorizing a third party to sell shares of Common Stock (or a sufficient portion of the shares) acquired upon exercise of the
Stock Option and remit to the Company a sufficient portion of the sale proceeds to pay the entire exercise price and any tax withholding
resulting from such exercise. The Committee may also authorize other means for paying the exercise price of a Stock Option, including
using the value of the Stock Option (as determined by the difference in the Fair Market Value of the Common Stock and the exercise
price of the Stock Option or other means determined by the Committee).

 

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(e) Stock Payments. Payments in
the form of Common Stock shall be valued at the Fair Market Value on the date of exercise. Such payments shall be made by delivery
of stock certificates in negotiable form that are effective to transfer good and valid title thereto to the Company, free of any
liens or encumbrances.

 

(f) Transferability. Except as may
be set forth in the next sentence of this Section or in the Agreement, no Stock Option shall be transferable by the Holder other
than by will or by the laws of descent and distribution, and all Stock Options shall be exercisable, during the Holder’s
lifetime, only by the Holder (or, to the extent of legal incapacity or incompetency, the Holder’s guardian or legal representative).
Notwithstanding the foregoing, a Holder, with the approval of the Committee, may transfer a Non-Qualified Stock Option (i) (A)
by gift, for no consideration, or (B) pursuant to a domestic relations order, in either case, to or for the benefit of the Holder’s
“Immediate Family” (as defined below), or (ii) to an entity in which the Holder and/or members of Holder’s Immediate
Family own more than fifty percent of the voting interest, subject to such limits as the Committee may establish and the execution
of such documents as the Committee may require, and the transferee shall remain subject to all the terms and conditions applicable
to the Non-Qualified Stock Option prior to such transfer. The term “Immediate Family” shall mean any child, stepchild,
grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son-in-law,
daughter-in-law, brother-in-law or sister-in-law, including adoptive relationships, any person sharing the Holder’s household
(other than a tenant or employee), a trust in which these persons have more than fifty percent beneficial interest, and a foundation
in which these persons (or the Holder) control the management of the assets. The Committee may, in its sole discretion, permit
transfer of an Incentive Stock Option in a manner consistent with applicable tax and securities law upon the Holder’s request.

 

(g) Termination by Reason of Death.
If a Holder’s employment by, or association with, the Company, Parent, Subsidiary or Affiliate terminates by reason of death,
any Stock Option held by such Holder, unless otherwise determined by the Committee and set forth in the Agreement, shall thereupon
automatically terminate, except that the portion of such Stock Option that has vested on the date of death may thereafter be exercised
by the legal representative of the estate or by the legatee of the Holder under the will of the Holder, for a period of one year
(or such other greater or lesser period as the Committee may specify in the Agreement) from the date of such death or until the
expiration of the stated term of such Stock Option, whichever period is shorter.

 

(h) Termination by Reason of Disability.
If a Holder’s employment by, or association with, the Company, Parent, Subsidiary or Affiliate terminates by reason of Disability,
any Stock Option held by such Holder, unless otherwise determined by the Committee and set forth in the Agreement, shall thereupon
automatically terminate, except that the portion of such Stock Option that has vested on the date of termination may thereafter
be exercised by the Holder for a period of one year (or such other greater or lesser period as the Committee may specify in the
Agreement) from the date of such termination or until the expiration of the stated term of such Stock Option, whichever period
is shorter.

 

(i) Termination by Reason of Normal
Retirement. Subject to the provisions of Section 12.3, if such Holder’s employment by, or association with, the Company,
Parent, Subsidiary or Affiliate terminates due to Normal Retirement, any Stock Option held by such Holder, unless otherwise determined
by the Committee and set forth in the Agreement, shall thereupon automatically terminate, except that the portion of such Stock
Option that has vested on the date of termination may thereafter be exercised by the Holder for a period of one year in the case
of a Non-Qualified Stock Option or three months in the case of an Incentive Stock Option (or such other greater or lesser period
as the Committee may specify in the Agreement) from the date of such termination or until the expiration of the stated term of
such Stock Option, whichever period is shorter.

 

(j) Other Termination. Subject to
the provisions of Section 12.3, if such Holder’s employment by, or association with, the Company, Parent, Subsidiary or Affiliate
terminates for any reason other than death, Disability or Normal Retirement, any Stock Option held by such Holder, unless otherwise
determined by the Committee and set forth in the Agreement, shall thereupon automatically terminate, except that, if the Holder’s
employment is terminated by the Company, Parent, Subsidiary or Affiliate without cause, the portion of such Stock Option that has
vested on the date of termination may thereafter be exercised by the Holder for a period of three months (or such other greater
or lesser period as the Committee may specify in the Agreement) from the date of such termination or until the expiration of the
stated term of such Stock Option, whichever period is shorter.

 

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(k) Incentive Stock Options. The
aggregate Fair Market Value (on the date of grant of the Stock Option) of shares of Common Stock with respect to which Incentive
Stock Options become exercisable for the first time by a Holder during any calendar year (under all such plans of the Company and
its Parent and Subsidiaries) shall not exceed $100,000. To the extent that any Stock Option intended to qualify as an Incentive
Stock Option does not so qualify, including by reason of the immediately preceding sentence, it shall constitute a separate Non-qualified
Stock Option. The Company shall have no liability to any Holder or any other person if a Stock Option designated as an Incentive
Stock Option fails to qualify as such at any time or if a Stock Option is determined to constitute “nonqualified deferred
compensation” within the meaning of Section 409A of the Code and the terms of such Stock Option do not satisfy the requirements
of Section 409A of the Code.

 

(l) Buyout and Settlement Provisions.
The Committee may at any time, in its sole discretion, offer to repurchase a Stock Option previously granted, at a purchase price
not to exceed the Repurchase Value, based upon such terms and conditions as the Committee shall establish and communicate to the
Holder at the time that such offer is made.

 

(m) Rights as Shareholder. A Holder
shall have none of the rights of a Shareholder with respect to the shares subject to the Option until such shares shall be transferred
to the Holder upon the exercise of the Option.

 

Section 6. Stock Appreciation Rights.

 

6.1. Grant and Exercise. Subject
to the terms and conditions of the Plan, the Committee may grant Stock Appreciation Rights in tandem with an Option or alone and
unrelated to an Option. The Committee may grant Stock Appreciation Rights to participants who have been or are being granted Stock
Options under the Plan as a means of allowing such participants to exercise their Stock Options without the need to pay the exercise
price in cash. In the case of a Non-qualified Stock Option, a Stock Appreciation Right may be granted either at or after the time
of the grant of such Non-qualified Stock Option. In the case of an Incentive Stock Option, a Stock Appreciation Right may be granted
only at the time of the grant of such Incentive Stock Option.

 

6.2. Terms and Conditions. Stock
Appreciation Rights shall be subject to the following terms and conditions:

 

(a) Exercisability. Stock Appreciation
Rights shall be exercisable as shall be determined by the Committee and set forth in the Agreement, subject, for Stock Appreciation
Rights granted in tandem with an Incentive Stock Option, to the limitations, if any, imposed by the Code with respect to related
Incentive Stock Options.

 

(b) Termination. All or a portion
of a Stock Appreciation Right granted in tandem with a Stock Option shall terminate and shall no longer be exercisable upon the
termination or after the exercise of the applicable portion of the related Stock Option.

 

(c) Method of Exercise. Stock Appreciation
Rights shall be exercisable upon such terms and conditions as shall be determined by the Committee and set forth in the Agreement
and, for Stock Appreciation Rights granted in tandem with a Stock Option, by surrendering the applicable portion of the related
Stock Option. Upon exercise of all or a portion of a Stock Appreciation Right and, if applicable, surrender of the applicable portion
of the related Stock Option, the Holder shall be entitled to receive a number of shares of Common Stock equal to the SAR Value
divided by the Fair Market Value on the date the Stock Appreciation Right is exercised or, at the Company’s election, cash
for the value so calculated.

 

(d) Shares Available Under Plan.
The granting of a Stock Appreciation Right in tandem with a Stock Option shall not affect the number of shares of Common Stock
available for awards under the Plan. The number of shares available for awards under the Plan will, however, be reduced by the
number of shares of Common Stock acquirable upon exercise of the Stock Option to which such Stock Appreciation Right relates.

 

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Section 7. Restricted Stock; Restricted Stock Units.

 

7.1. Grant. Shares of Restricted
Stock may be awarded either alone or in addition to other awards granted under the Plan. The Committee shall determine the eligible
persons to whom, and the time or times at which, grants of Restricted Stock will be awarded, the number of shares to be awarded,
the price (if any) to be paid by the Holder, any Restriction Period, the vesting schedule and rights to acceleration thereof, and
all other terms and conditions of the awards. In addition, the Committee may award Restricted Stock Units, which may be subject
to vesting and forfeiture conditions during the applicable Restriction Period, as set forth in an Agreement.

 

7.2. Restricted Stock Terms and Conditions.
Each Restricted Stock award shall be subject to the following terms and conditions:

 

(a) Certificates. Restricted Stock,
when issued, will be represented by a stock certificate or certificates registered in the name of the Holder to whom such Restricted
Stock shall have been awarded. During the Restriction Period, certificates representing the Restricted Stock and any securities
constituting Retained Distributions (as defined below) shall bear a legend to the effect that ownership of the Restricted Stock
(and such Retained Distributions) and the enjoyment of all rights appurtenant thereto are subject to the restrictions, terms and
conditions provided in the Plan and the Agreement. Such certificates shall be deposited by the Holder with the Company, together
with stock powers or other instruments of assignment, each endorsed in blank, which will permit transfer to the Company of all
or any portion of the Restricted Stock and any securities constituting Retained Distributions that shall be forfeited or that shall
not become vested in accordance with the Plan and the Agreement.

 

(b) Rights of Holder. Restricted
Stock shall constitute issued and outstanding shares of Common Stock for all corporate purposes. The Holder will have the right
to vote such Restricted Stock and to exercise all other rights, powers and privileges of a holder of Common Stock with respect
to such Restricted Stock, with the exceptions that (i) the Holder will not be entitled to delivery of the stock certificate or
certificates representing such Restricted Stock until the Restriction Period shall have expired and unless all other vesting requirements
with respect thereto shall have been fulfilled; (ii) the Company will retain custody of the stock certificate or certificates representing
the Restricted Stock during the Restriction Period; (iii) the Company will retain custody of all dividends and distributions (“Retained
Distributions”) made, paid or declared with respect to the Restricted Stock (and such Retained Distributions will be subject
to the same restrictions, terms and conditions as are applicable to the Restricted Stock) until such time, if ever, as the Restricted
Stock with respect to which such Retained Distributions shall have been made, paid or declared shall have become vested and with
respect to which the Restriction Period shall have expired; and (iv) a breach by the Holder of any of the restrictions, terms or
conditions contained in this Plan or the Agreement or otherwise established by the Committee with respect to any Restricted Stock
or Retained Distributions will cause a forfeiture of such Restricted Stock and any Retained Distributions with respect thereto.

 

(c) Vesting; Forfeiture. Upon the
expiration of the Restriction Period with respect to each award of Restricted Stock and the satisfaction of any other applicable
restrictions, terms and conditions (i) all or part of such Restricted Stock shall become vested in accordance with the terms of
the Agreement, and (ii) any Retained Distributions with respect to such Restricted Stock shall become vested to the extent that
the Restricted Stock related thereto shall have become vested. Any such Restricted Stock and Retained Distributions that do not
vest shall be forfeited to the Company and the Holder shall not thereafter have any rights with respect to such Restricted Stock
and Retained Distributions that shall have been so forfeited.

 

7.3. Restricted Stock Units Terms and
Conditions. Each Restricted Stock Units award shall be subject to the following terms and conditions:

 

(a) Settlement.
The Committee may provide that settlement of Restricted Stock Units will occur upon or as soon as reasonably practicable after
the Restricted Stock Units vest or will instead be deferred, on a mandatory basis or at the Holder’s election, in a manner
intended to comply with Section 409A.

 

(b) Stockholder
Rights. A Holder will have no rights of a holder of Common Stock with respect to shares subject to any Restricted Stock Unit
unless and until the shares are delivered in settlement of the Restricted Stock Unit.

 

    8

     

    

 

(c) Dividend Equivalents. If the
Committee provides, a grant of Restricted Stock Units may provide a Holder with the right to receive dividend equivalents. Dividend
equivalents may be paid currently or credited to an account for the Holder, settled in cash or shares and subject to the same restrictions
on transferability and forfeitability as the Restricted Stock Units with respect to which the dividend equivalents are granted
and subject to other terms and conditions as set forth in the Agreement.

 

Section 8. Other Stock-Based Awards.

 

Other Stock-Based Awards may be awarded,
subject to limitations under applicable law, that are denominated or payable in, valued in whole or in part by reference to, or
otherwise based on or related to, shares of Common Stock, as deemed by the Committee to be consistent with the purposes of the
Plan, including, without limitation, purchase rights, shares of Common Stock awarded which are not subject to any restrictions
or conditions, convertible or exchangeable debentures, or other rights convertible into shares of Common Stock and awards valued
by reference to the value of securities of or the performance of specified Subsidiaries. These Other Stock-Based Awards may include
performance shares or options, whose award is tied to specific performance goals. Other Stock-Based Awards may be awarded either
alone or in addition to or in tandem with any other awards under this Plan or any other plan of the Company. Each Other Stock-Based
Award shall be subject to such terms and conditions as may be determined by the Committee.

 

Section 9. Accelerated Vesting and Exercisability.

 

9.1. Non-Approved Transactions. If
there is a Change of Control, and the Board does not authorize or otherwise approve such transaction, then the vesting periods
of any and all Stock Options and other awards granted and outstanding under the Plan shall be accelerated and all such Stock Options
and awards will immediately and entirely vest, and the respective holders thereof will have the immediate right to purchase and/or
receive any and all Common Stock subject to such Stock Options and awards on the terms set forth in this Plan and the respective
Agreements respecting such Stock Options and awards, and all performance goals will be deemed achieved at 100% of target levels
and all other terms and conditions will be deemed met.

 

9.2. Approved Transactions. In the
event of an Asset Sale or if there is a Change of Control that has been approved by the Company’s Board of Directors, then
the Committee may (i) accelerate the vesting of any and all Stock Options and other awards granted and outstanding under the Plan;
(ii) require a Holder of any Stock Option, Stock Appreciation Right, Restricted Stock award or Other Stock-Based Award granted
under this Plan to relinquish such award to the Company upon the tender by the Company to Holder of cash, stock or other property,
or any combination thereof, in an amount equal to the Repurchase Value of such award; provided, however, that the obligation to
tender the Repurchase Value to such Holders may be subject to any terms and conditions to which the tender of consideration to
the Company’s stockholders in connection with the acquisition is subject, including any terms and conditions of the acquisition
providing for an adjustment to or escrow of such consideration; and provided, further, that in the case of any Stock Option or
Stock Appreciation Right with an exercise price that equals or exceeds the price paid for a share of Common Stock in connection
with the acquisition, the Committee may cancel the Stock Option or Stock Appreciation Right without the payment of consideration
therefor; and/or (iii) terminate all incomplete performance periods in respect of awards in effect on the date the acquisition
occurs, determine the extent to which performance goals have been met based upon such information then available as it deems relevant
and cause to be paid to the Holder all or the applicable portion of the award based upon the Committee’s determination of
the degree of attainment of performance goals, or on such other basis determined by the Committee.

 

9.3. Code Section 409A. Notwithstanding
any provisions of this Plan or any award granted hereunder to the contrary, no acceleration shall occur with respect to any award
to the extent such acceleration would cause the Plan or an award granted hereunder to fail to comply with Code Section 409A.

 

Section 10. Amendment and Termination.

 

The Board may at any time, and from time
to time, amend alter, suspend or discontinue any of the provisions of the Plan or any Agreement, but no amendment, alteration,
suspension or discontinuance shall be made that would impair the rights of a Holder under any Agreement theretofore entered into
hereunder, without the Holder’s consent, except as set forth in this Plan or the Agreement. Notwithstanding anything to the
contrary herein, no amendment to the provisions of the Plan shall be effective unless approved by the shareholders of the Company
to the extent shareholder approval is necessary to satisfy any provision of the Code or other applicable law or the listing requirements
of any national securities exchange on which the Company’s securities are listed.

 

    9

     

    

 

Section 11. Term of Plan.

 

11.1. Effective Date. The Plan shall
be effective upon the approval of the Company’s shareholders.

 

11.2. Termination Date. Unless terminated
by the Board, this Plan shall continue to remain effective until such time as no further awards may be granted and all awards granted
under the Plan are no longer outstanding. Notwithstanding the foregoing, grants of Incentive Stock Options may be made only during
the ten-year period beginning on the Effective Date.

 

Section 12. General Provisions.

 

12.1. Written Agreements. Each award
granted under the Plan shall be confirmed by, and shall be subject to the terms of, the Agreement executed by the Company and the
Holder, or such other document as may be determined by the Committee. The Committee may terminate any award made under the Plan
if the Agreement relating thereto is not executed and returned to the Company within 10 days after the Agreement has been delivered
to the Holder for his or her execution.

 

12.2. Unfunded Status of Plan. The
Plan is intended to constitute an “unfunded” plan for incentive and deferred compensation. With respect to any payments
not yet made to a Holder by the Company, nothing contained herein shall give any such Holder any rights that are greater than those
of a general creditor of the Company.

 

12.3. Employees.

 

(a) Engaging in Competition With the
Company; Solicitation of Customers and Employees; Disclosure of Confidential Information. If a Holder’s employment with
the Company, Parent, Subsidiary or Affiliate is terminated for any reason whatsoever, and Holder (i) within three months after
the date thereof, accepts employment with any competitor of, or otherwise engages in competition with, the Company, Parent, Subsidiary
or Affiliate, (ii) within two years after the date thereof, solicits any customers or employees of the Company, Parent, Subsidiary
or Affiliate to do business with or render services to the Holder or any business with which the Holder becomes affiliated or to
which the Holder renders services or (iii) at any time uses or discloses to anyone outside the Company any confidential information
of the Company, Parent, Subsidiary or Affiliate in violation of the Company’s policies or any agreement between the Holder
and the Company, Parent, Subsidiary or Affiliate, the Committee, in its sole discretion, may require such Holder to return (through
the payment of cash, return and transfer to the Company of shares of Common Stock or by other methods determined by the Committee)
to the Company the economic value of any award that was realized or obtained by such Holder at any time during the period beginning
on the date that is six months prior to the date such Holder’s employment with the Company is terminated; provided, however,
that if the Holder is a resident of the State of California, such right must be exercised by the Company for cash within six months
after the date of termination of the Holder’s service to the Company or within six months after exercise of the applicable
Stock Option, whichever is later. In such event, Holder agrees to (1) remit to the Company, in cash, an amount equal to the difference
between the Fair Market Value of the shares subject to the award on the date of termination (or the sales price of such Shares
if the Shares were sold during such six month period) and the price the Holder paid the Company for such shares, or (2) in the
case of SARs, shall, at the Company’s election, return the full amount paid to the Holder in connection therewith.

 

(b) Termination for Cause. If a
Holder’s employment with the Company, Parent, subsidiary or Affiliate is terminated for cause, the Committee may, in its
sole discretion, require such Holder to return to the Company the economic value of any award that was realized or obtained by
such Holder at any time during the period beginning on that date that is six months prior to the date such Holder’s employment
with the Company is terminated. In such event, Holder agrees to (1) remit to the Company, in cash, an amount equal to the difference
between the Fair Market Value of the shares on the date of termination (or the sales price of such Shares if the shares were sold
during such six month period) and the price the Holder paid the Company for such shares, (2) with the consent of the Company, which
may be withheld for any reason or no reason, surrender to the Company shares of Common Stock having Fair Market Value equal to
the Fair Market Value on the date they were acquired upon exercise of the Option or (3) in the case of SARs, shall return the full
amount paid to the Holder in connection therewith.

 

    10

     

    

 

(c) No Right of Employment. Nothing
contained in the Plan or in any award hereunder shall be deemed to confer upon any Holder who is an employee of the Company, Parent,
Subsidiary or Affiliate any right to continued employment with the Company, Parent, Subsidiary or Affiliate, nor shall it interfere
in any way with the right of the Company, Parent, Subsidiary or Affiliate to terminate the employment of any Holder who is an employee
at any time.

 

12.4. No Fractional Shares. No fractional
shares of Common Stock shall be issued or delivered pursuant to the Plan. The Committee shall determine whether cash, additional
awards or other securities or property shall be issued or paid in lieu of fractional shares of Common Stock or whether any fractional
shares should be rounded, forfeited or otherwise eliminated.

 

12.5. Provisions for Foreign Participants.
The Committee may modify awards granted to Holders who are foreign nationals or employed outside the United States or establish
subplans or procedures under the Plan to address differences in laws, rules, regulations or customs of such foreign jurisdictions
with respect to tax, securities, currency, employee benefit or other matters.

 

12.6. Limitations
on Liability.

 

(a) Notwithstanding
any other provisions of the Plan, no individual acting as a director, officer, other employee or agent of the Company or any Subsidiary,
Parent or Affiliate will be liable to any Holder, former Holder, spouse, beneficiary, or any other person for any claim, loss,
liability, or expense incurred in connection with the Plan or any award, and such individual will not be personally liable with
respect to the Plan because of any contract or other instrument executed in his or her capacity as member of the Committee, director,
officer, other employee or agent of the Company or any Subsidiary, Parent or Affiliate. The Company will indemnify and hold harmless
each director, officer, other employee and agent of the Company or any Subsidiary, Parent or Affiliate that has been or will be
granted or delegated any duty or power relating to the Plan’s administration or interpretation, against any cost or expense
(including attorneys’ fees) or liability (including any sum paid in settlement of a claim with the Committee’s approval)
arising from any act or omission concerning this Plan unless arising from such person’s own fraud or bad faith.

 

(b) Neither the Company
nor any Subsidiary shall be liable to a Holder or any other person as to: (i) the non-issuance or sale of shares as to which the
Company has been unable to obtain 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 hereunder; and (ii) any tax consequence expected, but not realized,
by any Holder or other person due to the receipt, exercise or settlement of any Award granted hereunder.

 

12.7. Lock-Up Period.
The Company may, at the request of any underwriter, placement agent or otherwise, in connection with the registered offering of
any Company securities under the Securities Act or pursuant to an exemption therefrom, prohibit Holders from, directly or indirectly,
selling or otherwise transferring any shares or other Company securities acquired under this Plan during a period of up to one
hundred eighty days following either the effective date of a Company registration statement filed under the Securities Act, in
the case of a registered offering, or the closing date of the sale of the Company securities, in the case of an offering exempt
from registration, or for such longer period as determined by the underwriter or placement agent.

 

12.8. Data Privacy. As a condition
for receiving any award, each Holder explicitly and unambiguously consents to the collection, use and transfer, in electronic or
other form, of personal data as described in this paragraph by and among the Company and its Parent, Subsidiaries and Affiliates
exclusively for implementing, administering and managing the Holder’s participation in the Plan. The Company and its Parent,
Subsidiaries and Affiliates may hold certain personal information about a Holder, including the Holder’s name, address and
telephone number; birthdate; social security, insurance number or other identification number; salary; nationality; job title(s);
any shares held in the Company or its Parent, Subsidiaries and Affiliates; and award details, to implement, manage and administer
the Plan and awards (the “Data”). The Company and its Parent, Subsidiaries and Affiliates may transfer the Data amongst
themselves as necessary to implement, administer and manage a Holder’s participation in the Plan, and the Company and its
Parent, Subsidiaries and Affiliates may transfer the Data to third parties assisting the Company with Plan implementation, administration
and management. These recipients may be located in the Holder’s country, or elsewhere, and the Holder’s country may
have different data privacy laws and protections than the recipients’ country. By accepting an award, each Holder authorizes
such recipients to receive, possess, use, retain and transfer the Data, in electronic or other form, to implement, administer and
manage the Holder’s participation in the Plan, including any required Data transfer to a broker or other third party with
whom the Company or the Holder may elect to deposit any shares. The Data related to a Holder will be held only as long as necessary
to implement, administer, and manage the Holder’s participation in the Plan. A Holder may, at any time, view the Data that
the Company holds regarding such Holder, request additional information about the storage and processing of the Data regarding
such Holder, recommend any necessary corrections to the Data regarding the Holder or refuse or withdraw the consents in this Section
12.8 in writing, without cost, by contacting the local human resources representative. The Company may cancel Holder’s ability
to participate in the Plan and, in the Committee’s discretion, the Holder may forfeit any outstanding awards if the Holder
refuses or withdraws the consents in this Section 12.8. For more information on the consequences of refusing or withdrawing consent,
Holders may contact their local human resources representative.

 

    11

     

    

 

12.9. Successor. The obligations
of the Company under the Plan shall be binding upon any successor corporation or organization resulting from the merger, consolidation
or other reorganization of the Company, or upon any successor corporation or organization succeeding to all or substantially all
of the assets and business of the Company and its Subsidiaries, taken as a whole.

 

12.10. Investment Representations; Company
Policy. The Committee may require each person acquiring shares of Common Stock pursuant to a Stock Option or other award under
the Plan to represent to and agree with the Company in writing that the Holder is acquiring the shares for investment without a
view to distribution thereof. Each person acquiring shares of Common Stock pursuant to a Stock Option or other award under the
Plan shall be required to abide by all policies of the Company in effect at the time of such acquisition and thereafter with respect
to the ownership and trading of the Company’s securities.

 

12.11. Additional Incentive Arrangements.
Nothing contained in the Plan shall prevent the Board from adopting such other or additional incentive arrangements as it may deem
desirable, including, but not limited to, the granting of Stock Options and the awarding of Common Stock and cash otherwise than
under the Plan; and such arrangements may be either generally applicable or applicable only in specific cases.

 

12.12. Withholding Taxes. Not later
than the date as of which an amount must first be included in the gross income of the Holder for Federal income tax purposes with
respect to any Stock Option or other award under the Plan, the Holder shall pay to the Company, or make arrangements satisfactory
to the Committee regarding the payment of, any Federal, state and local taxes of any kind required by law to be withheld or paid
with respect to such amount. If permitted by the Committee, tax withholding or payment obligations may be settled with Common Stock,
including Common Stock that is part of the award that gives rise to the withholding requirement. The obligations of the Company
under the Plan shall be conditioned upon such payment or arrangements and the Company or the Holder’s employer (if not the
Company) shall, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise
due to the Holder from the Company or any Subsidiary.

 

12.13. Clawback. Notwithstanding
any other provisions of the Plan, any award which is subject to recovery under any law, government regulation or listing requirement
of any national securities exchange on which the Company’s securities are listed, will be subject to such deductions and
clawback as may be required to be made pursuant to such law, government regulation or listing requirement (or any policy adopted
by the Company pursuant to any such law, government regulation or listing requirement).

 

12.14. Governing Law. The Plan and
all awards made and actions taken thereunder shall be governed by and construed in accordance with the law of the State of Delaware
(without regard to choice of law provisions).

 

12.15. Other Benefit Plans. Any award
granted under the Plan shall not be deemed compensation for purposes of computing benefits under any retirement plan of the Company
or any Parent, Subsidiary or Affiliate and shall not affect any benefits under any other benefit plan now or subsequently in effect
under which the availability or amount of benefits is related to the level of compensation (unless required by specific reference
in any such other plan to awards under this Plan).

 

    12

     

    

 

12.16. Non-Transferability. Except
as otherwise expressly provided in the Plan or the Agreement, no right or benefit under the Plan may be alienated, sold, assigned,
hypothecated, pledged, exchanged, transferred, encumbranced or charged, and any attempt to alienate, sell, assign, hypothecate,
pledge, exchange, transfer, encumber or charge the same shall be void.

 

12.17. Applicable Laws. The obligations
of the Company with respect to all Stock Options and other awards under the Plan shall be subject to (i) all applicable laws, rules
and regulations and such approvals by any governmental agencies as may be required, including, without limitation, the Securities
Act, and (ii) the rules and regulations of any securities exchange on which the Common Stock may be listed. Notwithstanding anything
herein to the contrary, the Plan and all awards will be administered only in conformance with such applicable laws. To the extent
such applicable laws permit, the Plan and all Agreements will be deemed amended as necessary to conform to such applicable laws.

 

12.18. Conflicts. If any of the terms
or provisions of the Plan or an Agreement conflict with the requirements of Section 422 of the Code, then such terms or provisions
shall be deemed inoperative to the extent they so conflict with such requirements. Additionally, if this Plan or any Agreement
does not contain any provision required to be included herein under Section 422 of the Code, such provision shall be deemed to
be incorporated herein and therein with the same force and effect as if such provision had been set out at length herein and therein.
If any of the terms or provisions of any Agreement conflict with any terms or provisions of the Plan, then such terms or provisions
shall be deemed inoperative to the extent they so conflict with the requirements of the Plan. Additionally, if any Agreement does
not contain any provision required to be included therein under the Plan, such provision shall be deemed to be incorporated therein
with the same force and effect as if such provision had been set out at length therein.

 

12.19. Compliance with Section 409A of
the Code. The Company intends that any awards be structured in compliance with, or to satisfy an exemption from, Section 409A
of the Code, such that there are no adverse tax consequences, interest, or penalties pursuant to Section 409A of the Code as a
result of the awards. Notwithstanding the Company’s intention, in the event any award is subject to Section 409A of the Code,
the Committee may, in its sole discretion and without a participant’s prior consent, amend this Plan and/or outstanding Agreements,
adopt policies and procedures, or take any other actions (including amendments, policies, procedures and actions with retroactive
effect) as are necessary or appropriate to (i) exempt this Plan and/or any award from the application of Section 409A of the Code,
(ii) preserve the intended tax treatment of any such award, or (iii) comply with the requirements of Section 409A of the Code,
including without limitation any such regulations guidance, compliance programs and other interpretive authority that may be issued
after the date of grant of an award. This Plan shall be interpreted at all times in such a manner that the terms and provisions
of the Plan and the awards are exempt from or comply with Section 409A of the Code.

 

12.20. Sub-Plans. The Committee may
from time to time establish sub-plans under the Plan for purposes of satisfying blue sky, securities, tax or other laws of various
jurisdictions in which the Company intends to grant awards. Any sub-plans shall contain such limitations and other terms and conditions
as the Committee determines are necessary or desirable. All sub-plans shall be deemed a part of the Plan, but each sub-plan shall
apply only to the participants in the jurisdiction for which the sub-plan was designed.

 

12.21. Non-Registered Stock. The
shares of Common Stock to be distributed under this Plan have not been, as of the Effective Date, registered under the Securities
Act or any applicable state or foreign securities laws and the Company has no obligation to any Holder to register the Common Stock
or to assist the Holder in obtaining an exemption from the various registration requirements, or to list the Common Stock on a
national securities exchange or any other trading or quotation system.

 

12.22. Non-Uniform Treatment. The
Committee’s determinations under the Plan need not be uniform and may be made by it selectively among persons who are eligible
to receive, or actually receive, awards. Without limiting the generality of the foregoing, the Committee shall be entitled to make
non-uniform and selective determinations, amendments and adjustments, and to enter into non-uniform and selective Agreements.

 

 

13EX-4.1

 Exhibit 4.1 
  

 
 nkarta THERAPEUTICS NUMBER SHARES SPECIMEN - NOT NEGOTIABLE COUNTERSIGNED: PHILADELPHIA STOCK TRANSFER, INC. 2320 HAVERFORD RD., SUITE
230, ARDMORE, PA 19003 TRANSFER AGENT BY: AUTHORIZED SIGNATURE SPECIMEN not negotiable NK SEE REVERSE FOR CERTAIN DEFINITIONS INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE CUSIP 65487U 10 8 C OM M ONST OC K This Certifies That: is the owner
of FULLY PAID AND NON-ASSESSABLE SHARES OF COMMON STOCK OF $0.0001 PAR VALUE EACH OF Nkarta, Inc. transferable on the books of the Corporation in person or by duly authorized attorney upon surrender of this
certificate duly endorsed or assigned. This certificate and the shares represented hereby are subject to the laws of the State of Delaware, and to the Certificate of Incorporation and Bylaws of the Corporation, as now or hereafter amended. This
certificate is not valid until countersigned by the Transfer Agent. WITNESS the facsimile seal of the Corporation and the facsimile signatures of its duly authorized officers. SECRETARY PRESIDENT 

 The following abbreviations, when used in the inscription on the face of this
certificate, shall be construed as though they were written out in full according to applicable laws or regulations: 
  

									
	 TEN COM
	 	-	 	as tenants in common	 	                	 	UNIF GIFT MIN ACT -
                    Custodian                  
  
	 TEN ENT
	 	-	 	as tenants by the entireties	 		 	                                      
        (Cust)                        (Minor)
	 JT TEN
	 	-	 	as joint tenants with right of survivorship and not as tenants in common	 		 	
                          
               under Uniform Gifts to Minors

                          
               Act                         
                         

                          
                                      
(State)

 Additional abbreviations may also be used though not in the above list. 

For Value
Received,                                       
                         hereby sell, assign and transfer unto 

 

					
	PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE	 	                    	 	
	 	 		 	

  
  

(PLEASE PRINT OR TYPE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE) 

 
  
  

 
  

					
	  
	 	Shares

 of the stock represented by the within Certificate, and do hereby irrevocably constitute and appoint 

 

					
	  
	 	Attorney

 to transfer the said stock on the books of the within named Corporation with full power of substitution in the premises.

  

			
	Dated	 	  

  

					
		 	  

		 	NOTICE: THE SIGNATURE TO THIS ASSIGNMENT MUST CORRESPOND WITH THE
NAME AS WRITTEN UPON THE FACE OF THE CERTIFICATE IN EVERY PARTICULAR,
WITHOUT ALTERATION OR ENLARGEMENT OR ANY CHANGE WHATSOEVER.

 Signature(s) Guaranteed 
  

					
	By	 	
                     
       
	 	
	The Signature(s) must be guaranteed by an eligible guarantor institution (Banks, Stockbrokers, Savings and Loan Associations and Credit Unions with membership in an approved Signature Guarantee Medallion Program),
pursuant to SEC Rule 17Ad-15.	 	

 THE CORPORATION WILL FURNISH TO ANY STOCKHOLDER, UPON REQUEST AND WITHOUT CHARGE, A FULL STATEMENT OF THE DESIGNATIONS,
RELATIVE RIGHTS, PREFERENCES AND LIMITATIONS OF THE SHARES OF EACH CLASS AND SERIES AUTHORIZED TO BE ISSUED, SO FAR AS THE SAME HAVE BEEN DETERMINED, AND OF THE AUTHORITY, IF ANY, OF THE BOARD TO DIVIDE THE SHARES INTO CLASSES OR SERIES AND TO
DETERMINE AND CHANGE THE RELATIVE RIGHTS, PREFERENCES AND LIMITATIONS OF ANY CLASS OR SERIES. SUCH REQUEST MAY BE MADE TO THE SECRETARY OF THE CORPORATION OR TO THE TRANSFER AGENT NAMED ON THIS CERTIFICATE. 

 
  

COLUMBIA PRINTING SERVICES, LLC - www.stockinformation.com

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