Document:

Openwave Systems Inc. Fiscal Year 2010 Executive Corporate Incentive Plan

Table of Contents

 Exhibit 10.19 
 Openwave Systems Inc. 
 Fiscal Year (FY) 2010 
 Executive Corporate Incentive Plan (CIP) 
  
 Table of Contents

  

			
	 1.      Plan Objective
	  	2
	 2.      Plan Funding
	  	2
	 3.      Performance Periods
	  	2
	 4.      Incentive Compensation Payout Calculation
	  	2
	 5.      Calculation Example
	  	3
	 6.      Plan Administration
	  	3
	 6.1    Eligibility
	  	3
	 6.2    Eligible Earnings
	  	3
	 6.3    Transfers between CIP and other Company incentive compensation plans
	  	3
	 6.4    Terminations
	  	3
	 6.5    Payout Timing
	  	4
	 6.6    Deductions
	  	4
	 6.7    Reservation of Right to Amend the CIP
	  	4
	 6.8    Employment at Openwave
	  	4
	 6.9    Conflict With Local Law
	  	4
	 6.10 Key Contacts
	  	4
	 7       FAQs
	  	5

  

					
	 Openwave Systems Inc.
 Confidential
	 	Executive CIP FY2010	 	 Page
 1
 of 5

Table of Contents

 Openwave Systems Inc. 
 Fiscal Year (FY) 2010 
 Executive Corporate Incentive Plan (CIP)

  
  

 1. Plan Objective 
 The primary objective of Openwave’s Executive Corporate Incentive Plan (CIP) is to incent its Executives to lead the Company to greater profitability and success. Openwave is committed to sharing its success
directly with the Executives who make it possible, and the CIP will reward Executives when the Company achieves certain financial objectives. Openwave believes its financial targets are most likely to be achieved when all of its Executives work
together to lead and manage the organization, and that such teamwork will be a natural result of the CIP. 
 2. Plan Funding

 The CIP is an incentive plan, which will be funded only if the Company achieves certain financial and profitability objectives. These objectives are
set out below in Section 4, and they are based upon the combined performance of all functional units within the Company 
 3.
Performance Periods 
 The Performance Periods under the FY2010 CIP are: 
  

	 	•	 	 First half FY2010: July 1, 2009 through December 31, 2009 

  

	 	•	 	 Second half FY2010: January 1, 2010 through June 30 2010 

 4. Incentive Compensation Payout Calculation 
  

													
	 Actual Eligible Base Pay Earnings
 (for the Performance Period)
	  	X	  	 Target
 Incentive %
	  	X	  	 Company
 Performance
 Modifier
	  	=	  	Payout

 Where: 
  

	 	•	 	 Actual Eligible Base Pay Earnings refer to the actual gross base pay earnings for each Participant during the Performance Period.

  

	 	•	 	 Target Incentive % - Each Participant is assigned a Target Incentive percentage, and his/her target incentive pay equals his/her Actual Eligible Base
Pay Earnings x his/her Target Incentive %. 

  

	 	•	 	 Company Performance Modifier 

 The Company’s performance against its financial objectives is reflected in the Company Performance Modifier, which is measured by year to date performance against the Company’s Operating Profit and Bookings targets as approved by
the Board of Directors in connection with its approval of the Company’s Fiscal 2010 Operating Plan. Notwithstanding the foregoing, the Company’s Operating Profit and Bookings targets shall be properly adjusted by the Compensation
Committee upon the completion of a merger or an acquisition to adequately reflect the impact of such merger or acquisition on the Company’s Operating Profit and Bookings targets, as well as its impact on the application of the Company
Performance Modifier. The maximum Company Performance Modifier is 150%. The Company Performance Modifier is determined as follows: 
  

																			
	 Average of YTD Bookings Achievement %
 and YTD Operating Profit* Achievement %
	  	<80%	 	 	80%	 	 	90%	 	 	100%	 	 	110%	 	 	125%	 
	 Company Performance Modifier
	  	0	% 	 	50	% 	 	75	% 	 	100	% 	 	120	% 	 	150	% 

  

	*	Bookings Achievement is determined based on “net” Bookings year to date, which is the total Bookings amount entered into Cognos during that period, less the amount of any
transactions that are debooked by Finance during that period (whether such transactions occurred prior to or during that Performance Period) 

	**	Operating Profit is determined on a non-GAAP basis before CIP payout 

  

					
	 Openwave Systems Inc.
 Confidential
	 	Executive CIP FY2010	 	Page 2 of 5

Table of Contents

 Openwave Systems Inc. 
 Fiscal Year (FY) 2010 
 Executive Corporate Incentive Plan (CIP)

  
  

 Note: 
  

	 	(i)	The Company Performance Modifier will not exceed 100% unless Openwave is profitable at non GAAP net income level for the Performance Period (with the accelerated CIP payouts
included). 

  

	 	(ii)	For Company performance falling within the ranges contained in the achievement table above, the Company Performance Modifier will be determined as follows:

 80%-100% achievement—the Company Performance Modifier will increase 2.5 percent for each additional percentage
point of achievement (for example, if achievement is 92%, the Company Performance Modifier will be 80%); and 
 101%-125% achievement=
the Company Performance Modifier will increase 2.0 percent for each additional percentage point of achievement (for example, if achievement is 108%, the Company Performance Modifier will be 116%). 
 5. Calculation Example 
  

																	
	 Participant
	  	Actual Eligible
Base Pay
Earnings for the
Performance
Period (H1)	  	 Job/Level
	  	 Target
Incentive
%
	  	Target
Incentive
Amount	  	Company
Performance
Modifier	 	 	Actual Half
Year
Payout to
Participant
	 Executive 1
	  	$	75,000	  	Vice President	  	35% (for Level H)	  	$	26,250	  	105	% 	 	$	27,562.50

 6. Plan Administration 
 6.1 Eligibility 
 An employee will not be eligible to
be a participant in the CIP (“Participant”) unless all of the following apply: 
  

	 	•	 	 He/she is not a Participant under any other Openwave incentive compensation plan; 

  

	 	•	 	 He/she is employed at a Vice President or higher level, or equivalent level; 

  

	 	•	 	 He/she was hired by the Company on or before the last BUSINESS day of the second month of the applicable Performance Period; 

  

	 	•	 	 He/she is actively employed by the Company at the end of the applicable Performance Period (employed on the last BUSINESS day of the Performance Period);

  

	 	•	 	 He/she is not on a Performance Improvement Plan at any time during the Performance Period; and 

  

	 	•	 	 He/she has executed the Company’s updated CONFIDENTIAL INFORMATION AND INVENTION ASSIGNMENT AGREEMENT on or prior to the last BUSINESS day of the Performance
Period. 

 6.2 Eligible Earnings 
 Each Participant’s CIP payout opportunity is a percentage of the Participant’s Actual Eligible Base Pay Earnings while employed in a CIP-eligible position during the Performance Period. 
 6.3 Transfers between CIP and other Company incentive compensation plans 
 Employees whose job change results in a change of plan eligibility (e.g. employee moving to/from the CIP to another Company incentive/sales compensation plan or vice versa) will be eligible for a CIP payout based on
their Actual Eligible Base Pay Earnings during the portion of the Performance Period that they worked in a CIP eligible job. 
 6.4
Terminations 
 Participants will not be eligible for a CIP payout if their employment is terminated for any reason (including but not limited
to, voluntary resignation, reduction in force, or termination for performance or other reasons) before the last BUSINESS day of the applicable Performance Period (e.g. before December 31, 2009, June 30, 2010; if the last
BUSINESS day of a Performance Period is a Company recognized holiday, then the day before.) 
  

					
	 Openwave Systems Inc.
 Confidential
	 	Executive CIP FY2010	 	Page 3 of 5

Table of Contents

 Openwave Systems Inc. 
 Fiscal Year (FY) 2010 
 Executive Corporate Incentive Plan (CIP)

  
  

 Exception: If a Participant is terminated during a Performance Period and is thereafter rehired during the
same Performance Period, the Participant will be credited with prior service and will be eligible for a CIP payout based on his/her Actual Eligible Base Pay Earnings during the Performance Period. 
 6.5 Payout Timing 
 CIP payouts typically occur no
later than 2 months after the end of the applicable Performance Period. 
 In the event that a Participant dies during a Performance Period or prior to the
CIP payout date, the Participant’s beneficiary or estate will be entitled to the payout, if any, that would have been made to the Participant. 
 6.6 Deductions 
 Local, state and federal tax and other withholding will apply to all CIP payouts at the supplemental tax rate, as well as
any other individual employee elections for deductions. 
 6.7 Reservation of Right to Amend the CIP 
 Openwave reserves the right to modify, amend, and/or terminate the CIP at any time and for any reason. No amendment, modification, or termination of the CIP shall be
effective without written confirmation by the Company’s CEO or his/her designee. Any oral amendment, modification, or termination of the CIP shall not be effective or binding on the Company, and cannot/should not be relied upon by any
Participant. 
 6.8 Employment at Openwave 
 Nothing in this CIP creates or is intended to create a promise or representation of continued employment or an expectation that any amount of compensation referred to in the CIP will be earned by or due to Participants. All employment with
the Company is “at will” and may be terminated by a Participant or the Company at any time, with or without cause or notice. 
 6.9 Conflict With Local Law 
 To the extent that any provision of the CIP conflicts with local law in any jurisdiction outside the United
States, the CIP will be interpreted and applied in a manner that complies with local law for the Participants in such jurisdiction(s). 
 6.10 Key Contacts 
 If you have any questions regarding this plan, please contact your manager or HR Business Partner. 
  

					
	 Openwave Systems Inc.
 Confidential
	 	Executive CIP FY2010	 	Page 4 of 5

Table of Contents

 Openwave Systems Inc. 
 Fiscal Year (FY) 2010 
 Executive Corporate Incentive Plan (CIP)

  
  

 7 FAQs 
  

	 	Q:	My eligible earnings are less then my half yearly salary? Why? 

  

	 	A:	There may be several reasons for that. The following events will affect your Actual Eligible Base Pay Earnings: 

  

	 	•	 	 Unpaid Leave of Absence 

  

	 	•	 	 Hire date after the beginning of the Performance Period 

  

	 	•	 	 Transfer into a non-CIP eligible position (from or to a position covered by the Sales Incentive or other variable pay plans) 

 If you believe that your Actual Eligible Base Pay Earnings are incorrectly calculated, please login and check your payroll via Payroll Workcenter (US
employees only - http://workcenter.probusiness.com/) and/or check with your payroll contacts in your respective country. The following earnings codes are included in the Actual Eligible Base Pay Earnings calculation: Salary, Regular, Hourly,
Unpaid (usually a negative number that will reduce your earnings), Retro, Vacation, Holiday and FloatHol. Please contact your HR Business Partner if any corrections need to be made. 
  

	 	Q:	Does an Executive’s personal performance affect the size of the incentive payout? 

  

	 	A:	Our financial targets can be achieved when all Executives lead and manage the organization and work together as a team. Individual performance evaluations will not change or
affect the CIP payout, which is solely a function of the Company performance factors described above. 

  

	 	Q:	When will CIP payouts occur? 

  

	 	A:	If earned under the terms of the CIP, payouts will typically occur within two months following the end of the Performance Period. 

  

	 	Q:	What happens if an employee changes jobs within the Company during the CIP Performance Period? 

  

	 	A:	If the job change is into a non-CIP position, the Participant’s CIP payout will be based on his/her Actual Eligible Base Pay Earnings during the portion of the
Performance Period that he/she was in a CIP eligible position. If the job change results in a job framework level change, the applicable Target Incentive % will be based on the job framework level at the end of the Performance Period.

  

	 	Q:	What exactly does non-GAAP mean? 

  

	 	A:	Openwave publicly reports its financial information in accordance with US Generally Accepted Accounting Principles (GAAP). To facilitate easier comparison of the company's
operating performance, Openwave also presents financial information that may be considered “non-GAAP financial measures”. The items that are classified as “non-GAAP financial measures” are non-operating in nature or non-recurring
one-offs. 

  

	 	Q:	Why are the “accelerators” for achievement over 100% only applied when Openwave is profitable at non-GAAP net income levels? 

  

	 	A:	The reason we need to use the non-GAAP measures is to ensure that the Company is profitable before we pay out on the multipliers (i.e., we take out non-operating in nature or
non-recurring one-offs). 

  

					
	 Openwave Systems Inc.
 Confidential
	 	Executive CIP FY2010	 	Page 5 of 5XoopIT, Inc. 2006 Stock Plan

 Exhibit 4.1 
 XOOPIT, INC. 
 2006 STOCK PLAN 
 (As the “Amended and Restated 2006 Stock Option Plan” 
 was further amended and
restated on September 28, 2007 and in July, 2009) 
 1. Purposes of the Plan. The purposes of this 2006 Stock Plan are to
attract and retain the best available personnel for positions of substantial responsibility, to provide additional incentive to Employees and Consultants, and to promote the success of the Company’s business. Options granted under the Plan may
be Incentive Stock Options or Nonstatutory Stock Options, as determined by the Administrator at the time of grant of an Option and subject to the applicable provisions of Section 422 of the Code and the regulations promulgated thereunder.
Restricted Stock may also be granted under the Plan. 
 2. Definitions. As used herein, the following definitions shall apply:

 (a) “Administrator” means the Board or a Committee. 
 (b) “Affiliate” means an entity other than a Subsidiary which, together with the Company, is under common control of a third
person or entity. 
 (c) “Applicable Laws” means all applicable laws, rules, regulations and requirements,
including, but not limited to, all applicable U.S. federal or state laws, any Stock Exchange rules or regulations, and the applicable laws, rules or regulations of any other country or jurisdiction where Options or Restricted Stock are granted under
the Plan or Participants reside or provide services, as such laws, rules, and regulations shall be in effect from time to time. 
 (d)
“Award” means any award of an Option, Restricted Stock or Restricted Stock Units under the Plan. 
 (e)
“Board” means the Board of Directors of the Company. 
 (f) “California Participant” means a
Participant whose Award is issued in reliance on Section 25102(o) of the California Corporations Code. 
 (g) “Cashless
Exercise” means a program approved by the Administrator in which payment of the Option exercise price or tax withholding obligations may be satisfied, in whole or in part, with Shares subject to the Option, including by delivery of an
irrevocable direction to a securities broker (on a form prescribed by the Administrator) to sell Shares and to deliver all or part of the sale proceeds to the Company in payment of the aggregate exercise price and, if applicable, the amount
necessary to satisfy the Company’s withholding obligations. 
 (h) “Cause” for termination of a
Participant’s Continuous Service Status will exist (unless another definition is provided in an applicable Option Agreement, Restricted Stock 

 
Purchase Agreement, Restricted Stock Unit Award Agreement, employment agreement or other applicable written agreement) if the Participant’s Continuous
Service Status is terminated for any of the following reasons: (i) Participant’s willful failure to perform his or her duties and responsibilities to the Company or Participant’s violation of any written Company policy;
(ii) Participant’s commission of any act of fraud, embezzlement, dishonesty or any other willful misconduct that has caused or is reasonably expected to result in injury to the Company; (iii) Participant’s unauthorized use or
disclosure of any proprietary information or trade secrets of the Company or any other party to whom the Participant owes an obligation of nondisclosure as a result of his or her relationship with the Company; or (iv) Participant’s
material breach of any of his or her obligations under any written agreement or covenant with the Company. The determination as to whether a Participant’s Continuous Service Status has been terminated for Cause shall be made in good faith by
the Company and shall be final and binding on the Participant. The foregoing definition does not in any way limit the Company’s ability to terminate a Participant’s employment or consulting relationship at any time, and the term
“Company” will be interpreted to include any Subsidiary, Parent, Affiliate, or any successor thereto, if appropriate. 
 (i)
“Code” means the Internal Revenue Code of 1986, as amended. 
 (j) “Committee” means one or
more committees or subcommittees of the Board consisting of two (2) or more Directors (or such lesser or greater number of Directors as shall constitute the minimum number permitted by Applicable Laws to establish a committee or sub-committee
of the Board) appointed by the Board to administer the Plan in accordance with Section 4 below. 
 (k) “Common
Stock” means the Company’s common stock, par value $0.00001 per share, as adjusted in accordance with Section 14 below. 
 (l) “Company” means XoopIT, Inc., a Delaware corporation. 
 (m) “Consultant” means
any person, including an advisor but not an Employee, who is engaged by the Company, or any Parent, Subsidiary or Affiliate, to render services (other than capital-raising services) and is compensated for such services, and any Director whether
compensated for such services or not. 
 (n) “Continuous Service Status” means the absence of any interruption or
termination of service as an Employee or Consultant. Continuous Service Status as an Employee or Consultant shall not be considered interrupted or terminated in the case of: (i) Company approved sick leave; (ii) military leave;
(iii) any other bona fide leave of absence approved by the Administrator, provided that such leave is for a period of not more than ninety (90) days, unless reemployment upon the expiration of such leave is guaranteed by contract or
statute, or unless provided otherwise pursuant to a written Company policy. Also, Continuous Service Status as an Employee or Consultant shall not be considered interrupted or terminated in the case of a transfer between locations of the
Company or between the Company, its Parents, Subsidiaries or Affiliates, or their respective successors, or a change in status from an Employee to a Consultant or from a Consultant to an Employee. 
  

 2 

 (o) “Director” means a member of the Board. 
 (p) “Disability” means “disability” within the meaning of Section 22(e)(3) of the Code. 
 (q) “Employee” means any person employed by the Company, or any Parent, Subsidiary or Affiliate, with the status of employment
determined pursuant to such factors as are deemed appropriate by the Administrator in its sole discretion, subject to any requirements of the Applicable Laws, including the Code. The payment by the Company of a director’s fee shall not be
sufficient to constitute “employment” of such director by the Company or any Parent, Subsidiary or Affiliate. 
 (r)
“Exchange Act” means the Securities Exchange Act of 1934, as amended. 
 (s) “Fair Market
Value” means, as of any date, the per share fair market value of the Common Stock, as determined by the Administrator in good faith on such basis as it deems appropriate and applied consistently with respect to Participants. Whenever
possible, the determination of Fair Market Value shall be based upon the per share closing price for the Shares as reported in the Wall Street Journal for the applicable date. 
 (t) “Family Members” means any child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling,
niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law (including adoptive relationships) of the Optionee, any person sharing the Optionee’s household (other than a tenant or employee), a
trust in which these persons (or the Optionee) have more than 50% of the beneficial interest, a foundation in which these persons (or the Optionee) control the management of assets, and any other entity in which these persons (or the Optionee) own
more than 50% of the voting interests. 
 (u) “Incentive Stock Option” means an Option intended to qualify as an
incentive stock option within the meaning of Section 422 of the Code, as designated in the applicable Option Agreement. 
 (v)
“Involuntary Termination” means (unless another definition is provided in the applicable Option Agreement, Restricted Stock Purchase Agreement, employment agreement or other applicable written agreement) the termination of a
Participant’s Continuous Service Status other than for death or Disability or for Cause by the Company or a Subsidiary, Parent, Affiliate or successor thereto, as appropriate. 
 (w) “Listed Security” means any security of the Company that is listed or approved for listing on a national securities exchange
or designated or approved for designation as a national market system security on an interdealer quotation system by the National Association of Securities Dealers, Inc. 
 (x) “Nonstatutory Stock Option” means an Option not intended to qualify as an Incentive Stock Option, as designated in the applicable Option Agreement. 
  

 3 

 (y) “Option” means a stock option granted pursuant to the Plan. 
 (z) “Option Agreement” means a written document, the form(s) of which shall be approved from time to time by the Administrator,
reflecting the terms of an Option granted under the Plan and includes any documents attached to or incorporated into such Option Agreement, including, but not limited to, a notice of stock option grant and a form of exercise notice. 
 (aa) “Option Exchange Program” means a program approved by the Administrator whereby outstanding Options (i) are exchanged
for Options with a lower exercise price or Restricted Stock or (ii) are amended to decrease the exercise price as a result of a decline in the Fair Market Value of the Common Stock. 
 (bb) “Optioned Stock” means Shares that are subject to an Option or that were issued pursuant to the exercise of an Option.

 (cc) “Optionee” means an Employee or Consultant who receives an Option. 
 (dd) “Parent” means any corporation (other than the Company) in an unbroken chain of corporations ending with the Company if, at
the time of grant of the Award, each of the corporations other than the Company owns stock possessing 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. 
 (ee)
“Participant” means any holder of one or more Awards or Shares issued pursuant to an Award. 
 (ff)
“Plan” means this 2006 Stock Plan. 
 (gg) “Restricted Stock” means Shares acquired pursuant
to a right to purchase Common Stock granted pursuant to Section 11 below. 
 (hh) “Restricted Stock Purchase
Agreement” means a written document, the form(s) of which shall be approved from time to time by the Administrator, reflecting the terms of Restricted Stock granted under the Plan and includes any documents attached to such agreement.

 (ii) “Restricted Stock Unit” means the right to receive in cash or Shares the Fair Market Value of a Share
granted pursuant to Section 12 of the Plan. 
 (jj) “Restricted Stock Unit Award Agreement” means a written
document, the form(s) of which shall be approved from time to time by the Administrator, reflecting the terms of the Restricted Stock Units granted under the Plan and includes any documents attached to such agreement. 
 (kk) “Rule 16b-3” means Rule 16b-3 promulgated under the Exchange Act, as amended from time to time, or any successor provision.

  

 4 

 (ll) “Share” means a share of Common Stock, as adjusted in accordance with
Section 14 below. 
 (mm) “Stock Exchange” means any stock exchange or consolidated stock price reporting
system on which prices for the Common Stock are quoted at any given time. 
 (nn) “Subsidiary” means any corporation
(other than the Company) in an unbroken chain of corporations beginning with the Company if, at the time of grant of the Award, each of the corporations other than the last corporation in the unbroken chain owns stock possessing 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. 
 (oo) “Ten Percent Holder” means a person who owns stock representing more than 10% of the voting power of
all classes of stock of the Company or any Parent or Subsidiary measured as of an Award’s date of grant. 
 (pp) “Triggering
Event” means: 
 (i) a sale, transfer or disposition of all or substantially all of the Company’s assets other than to
(A) a corporation or other entity of which at least a majority of its combined voting power is owned directly or indirectly by the Company, (B) a corporation or other entity owned directly or indirectly by the holders of capital stock of
the Company in substantially the same proportions as their ownership of Common Stock, or (C) an Excluded Entity (as defined in subsection (ii) below); or 
 (ii) any merger, consolidation or other business combination transaction of the Company with or into another corporation, entity or person, other than a transaction with or into another corporation, entity or person
in which the holders of at least a majority of the shares of voting capital stock of the Company outstanding immediately prior to such transaction continue to hold (either by such shares remaining outstanding in the continuing entity or by
their being converted into shares of voting capital stock of the surviving entity) a majority of the total voting power represented by the shares of voting capital stock of the Company (or the surviving entity) outstanding immediately after such
transaction (an “Excluded Entity”). 
 Notwithstanding anything stated herein, a transaction shall not constitute a “Triggering
Event” if its sole purpose is to change the state of the Company’s incorporation, or to create a holding company that will be owned in substantially the same proportions by the persons who hold the Company’s securities immediately
before such transaction. For clarity, the term “Triggering Event” as defined herein shall not include stock sale transactions whether by the Company or by the holders of capital stock. 
 3. Stock Subject to the Plan. Subject to the provisions of Section 14 of the Plan, the maximum aggregate number of Shares that may be
issued under the Plan is 3,483,300 Shares, of which a maximum of 3,483,300 Shares may be issued under the Plan pursuant to Incentive Stock Options. The Shares issued under the Plan may be authorized, but unissued, or reacquired Shares. If an Award
should expire or become unexercisable for any reason without having been 

  

 5 

 
exercised in full, or is surrendered pursuant to an Option Exchange Program, the unpurchased Shares that were subject thereto shall, unless the Plan shall
have been terminated, become available for future grant under the Plan. In addition, any Shares which are retained by the Company upon exercise of an Award in order to satisfy the exercise or purchase price for such Award or any withholding taxes
due with respect to such Award shall be treated as not issued and shall continue to be available under the Plan. Shares issued under the Plan and later repurchased by the Company pursuant to any repurchase right that the Company may have shall not
be available for future grant under the Plan. 
 To the extent that an Award is settled in cash or a form other than Shares, the Shares that
would have been delivered had there been no such cash or other settlement shall not be counted against the Shares available for issuance under the Plan. 
 4. Administration of the Plan. 
 (a) General. The Plan shall be administered by
the Board or a Committee, or a combination thereof, as determined by the Board. The Plan may be administered by different administrative bodies with respect to different classes of Participants and, if permitted by Applicable Laws, the Board may
authorize one or more officers of the Company to make Awards under the Plan to Employees and Consultants (who are not subject to Section 16 of the Exchange Act) within parameters specified by the Board. 
 (b) Committee Composition. If a Committee has been appointed pursuant to this Section 4, such Committee shall continue to serve in
its designated capacity until otherwise directed by the Board. From time to time the Board may increase the size of any Committee and appoint additional members thereof, remove members (with or without cause) and appoint new members in substitution
therefor, fill vacancies (however caused) and dissolve a Committee and thereafter directly administer the Plan, all to the extent permitted by the Applicable Laws and, in the case of a Committee administering the Plan in accordance with the
requirements of Rule 16b-3 or Section 162(m) of the Code, to the extent permitted or required by such provisions. 
 (c)
Powers of the Administrator. Subject to the provisions of the Plan and, in the case of a Committee, the specific duties delegated by the Board to such Committee, the Administrator shall have the authority, in its sole discretion:

 (i) to determine the Fair Market Value of the Common Stock in accordance with Section 2(s) above, provided that such determination
shall be applied consistently with respect to Participants under the Plan; 
 (ii) to select the Employees and Consultants to whom Awards
may from time to time be granted; 
 (iii) to determine whether and to what extent Awards are granted hereunder; 
 (iv) to determine the number of Shares to be covered by each Award; 
  

 6 

 (v) to approve the form(s) of agreement(s) and other related documents used under the Plan; 

(vi) to determine the terms and conditions, not inconsistent with the terms of the Plan, of any Award granted hereunder, which terms and conditions
include but are not limited to the exercise or purchase price, the time or times when Awards may be exercised (which may be based on performance criteria), the circumstances (if any) when vesting will be accelerated or forfeiture restrictions will
be waived, and any restriction or limitation regarding any Award, Optioned Stock, or Restricted Stock; 
 (vii) to amend any outstanding
Award or agreement related to any Optioned Stock, Restricted Stock or Restricted Stock Unit, including any amendment adjusting vesting (e.g., in connection with a change in the terms or conditions under which such person is providing services to the
Company), provided that no amendment shall be made that would materially and adversely affect the rights of any Participant without his or her consent; 
 (viii) to determine whether and under what circumstances an Award may be settled in cash or other consideration instead of Common Stock; 
 (ix) to implement an Option Exchange Program and establish the terms and conditions of such Option Exchange Program, provided that no amendment or adjustment to an Option that would materially and adversely affect the
rights of any Optionee shall be made without his or her consent; 
 (x) to grant Awards to, or to modify the terms of any outstanding Option
Agreement, Restricted Stock Purchase Agreement, Restricted Stock Unit Award Agreement or any agreement related to any Optioned Stock, Restricted Stock or Restricted Stock Unit held by, Participants who are foreign nationals or employed outside of
the United States with such terms and conditions as the Administrator deems necessary or appropriate to accommodate differences in local law, tax policy or custom which deviate from the terms and conditions set forth in this Plan to the extent
necessary or appropriate to accommodate such differences; and 
 (xi) to construe and interpret the terms of the Plan, any Option Agreement,
Restricted Stock Purchase Agreement, Restricted Stock Unit Award Agreement, and any agreement related to any Optioned Stock, Restricted Stock or Restricted Stock Unit, which constructions, interpretations and decisions shall be final and binding on
all Participants. 
 (d) Indemnification. To the maximum extent permitted by Applicable Laws, each member of the Committee
(including officers of the Company, if applicable), or of the Board, as applicable, shall be indemnified and held harmless by the Company against and from (i) any loss, cost, liability, or expense that may be imposed upon or reasonably incurred
by him or her in connection with or resulting from any claim, action, suit, or proceeding to which he or she may be a party or in which he or she may be involved by reason of any action taken or failure to act under the Plan or pursuant to the terms
and conditions of any Award except for actions taken in bad faith or failures to act in bad faith, and (ii) any and all amounts paid by him or her in settlement thereof, with the Company’s approval, or paid by him or her in satisfaction

  

 7 

 
of any judgment in any such claim, action, suit, or proceeding against him or her, provided that such member shall give the Company an opportunity, at its
own expense, to handle and defend any such claim, action, suit or proceeding before he or she undertakes to handle and defend it on his or her own behalf. The foregoing right of indemnification shall not be exclusive of any other rights of
indemnification to which such persons may be entitled under the Company’s Articles of Incorporation, Certificate of Incorporation or Bylaws, by contract, as a matter of law, or otherwise, or under any other power that the Company may have to
indemnify or hold harmless each such person. 
 5. Eligibility. 
 (a) Recipients of Grants. Nonstatutory Stock Options, Restricted Stock and Restricted Stock Units may be granted to Employees and
Consultants. Incentive Stock Options may be granted only to Employees, provided that Employees of Affiliates shall not be eligible to receive Incentive Stock Options. 
 (b) Type of Option. Each Option shall be designated in the Option Agreement as either an Incentive Stock Option or a Nonstatutory Stock Option. 
 (c) ISO $100,000 Limitation. Notwithstanding any designation under Section 5(b), to the extent that the aggregate Fair Market Value
of Shares with respect to which Options designated as Incentive Stock Options are exercisable for the first time by any Optionee during any calendar year (under all plans of the Company or any Parent or Subsidiary) exceeds $100,000, such excess
Options shall be treated as Nonstatutory Stock Options. For purposes of this Section 5(c), Incentive Stock Options shall be taken into account in the order in which they were granted, and the Fair Market Value of the Shares subject to an
Incentive Stock Option shall be determined as of the date of the grant of such Option. 
 (d) No Employment Rights. Neither
the Plan nor any Award shall confer upon any Employee or Consultant any right with respect to continuation of an employment or consulting relationship with the Company (any Parent or Subsidiary), nor shall it interfere in any way with such
Employee’s or Consultant’s right or the Company’s (Parent’s or Subsidiary’s) right to terminate his or her employment or consulting relationship at any time, with or without cause. 
 6. Term of Plan. The Plan shall become effective upon its adoption by the Board of Directors. It shall continue in effect for a term of ten
(10) years unless sooner terminated under Section 16 below. 
 7. Term of Option. The term of each Option shall be
the term stated in the Option Agreement; provided that the term shall be no more than ten (10) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement and provided further that, in the case of an
Incentive Stock Option granted to a person who at the time of such grant is a Ten Percent Holder, the term of the Option shall be five (5) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement.

 8. Limitation on Grants to Participants. On and after such time, if any, as the Common Stock becomes a Listed Security and
subject to adjustment as provided in Section 14 

  

 8 

 
below, the maximum aggregate number of Shares that may be subject to Awards granted to any one person under this Plan for any fiscal year of the Company
shall be 350,000 Shares, provided that such limitation shall be 580,000 Shares during the fiscal year of any person’s initial year of service with the Company. 
 9. Option Exercise Price and Consideration. 
 (a) Exercise Price. The per Share
exercise price for the Shares to be issued pursuant to the exercise of an Option shall be such price as is determined by the Administrator and set forth in the Option Agreement, but shall be subject to the following: 
 (i) In the case of an Incentive Stock Option 
 (A) granted to an Employee who at the time of grant is a Ten Percent Holder, the per Share exercise price shall be no less than 110% of the Fair Market Value on the date of grant; 
 (B) granted to any other Employee, the per Share exercise price shall be no less than 100% of the Fair Market Value on the date of grant; 
 (ii) Except as provided in subsection (iii) below, in the case of a Nonstatutory Stock Option the per Share exercise price shall be such price as
is determined by the Administrator, provided that, if the per Share exercise price is less than 100% of the Fair Market Value on the date of grant, it shall otherwise comply with all Applicable Laws, including Section 409A of the Code;

 (iii) In the case of a Nonstatutory Stock Option that is intended to qualify as performance-based compensation under Section 162(m)
of the Code and is granted on or after the date, if ever, on which the Common Stock becomes a Listed Security, the per Share exercise price shall be no less than 100% of the Fair Market Value on the date of grant; and 
 (iv) Notwithstanding the foregoing, Options may be granted with a per Share exercise price other than as required above pursuant to a merger or other
corporate transaction. 
 (b) Permissible Consideration. The consideration to be paid for the Shares to be issued upon
exercise of an Option, including the method of payment, shall be determined by the Administrator (and, in the case of an Incentive Stock Option and to the extent required by Applicable Laws, shall be determined at the time of grant) and may consist
entirely of (1) cash; (2) check; (3) to the extent permitted under Applicable Laws, delivery of a promissory note with such recourse, interest, security and redemption provisions as the Administrator determines to be appropriate
(subject to the provisions of Section 153 of the Delaware General Corporation Law); (4) cancellation of indebtedness; (5) other previously owned Shares that have a Fair Market Value on the date of surrender equal to the aggregate
exercise price of the Shares as to which the Option is exercised; (6) a Cashless Exercise; (7) such other consideration and method of payment permitted under Applicable Laws; or (8) any combination of the foregoing methods of payment.
In making its determination as to the type of consideration to accept, the Administrator shall consider if acceptance of such consideration may be reasonably expected to benefit the Company and the Administrator may, in its sole discretion, refuse
to accept a particular form of consideration at the time of any Option exercise. 
  

 9 

 10. Exercise of Option. 
 (a) General. 
 (i)
Exercisability. Any Option granted hereunder shall be exercisable at such times and under such conditions as determined by the Administrator, consistent with the terms of the Plan and reflected in the Option Agreement, including
vesting requirements and/or performance criteria with respect to the Company, and Parent or Subsidiary, and/or the Optionee. 
 (ii)
Leave of Absence. The Administrator shall have the discretion to determine whether and to what extent the vesting of Options shall be tolled during any unpaid leave of absence; provided, however, that in the absence of such
determination, vesting of Options shall be tolled during any such unpaid leave (unless otherwise required by the Applicable Laws). Notwithstanding the foregoing, in the event of military leave, vesting shall toll during any unpaid portion of such
leave, provided that, upon a Optionee’s returning from military leave (under conditions that would entitle him or her to protection upon such return under the Uniform Services Employment and Reemployment Rights Act), he or she shall be given
vesting credit with respect to Options to the same extent as would have applied had the Optionee continued to provide services to the Company (or any Parent or Subsidiary, if applicable) throughout the leave on the same terms as he or she was
providing services immediately prior to such leave. 
 (iii) Minimum Exercise Requirements. An Option may not be exercised for
a fraction of a Share. The Administrator may require that an Option be exercised as to a minimum number of Shares, provided that such requirement shall not prevent an Optionee from exercising the full number of Shares as to which the Option is then
exercisable. 
 (iv) Procedures for and Results of Exercise. An Option shall be deemed exercised when written notice of such
exercise has been received by the Company in accordance with the terms of the Option Agreement by the person entitled to exercise the Option and the Company has received full payment for the Shares with respect to which the Option is exercised and
has paid, or made arrangements to satisfy, any applicable withholding requirements in accordance with Section 12 below. The exercise of an Option shall result in a decrease in the number of Shares that thereafter may be available, both for
purposes of the Plan and for sale under the Option, by the number of Shares as to which the Option is exercised. 
 (v) Rights as
Holder of Capital Stock. Until the issuance of the Shares (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as
a holder of capital stock shall exist with respect to the Optioned Stock, notwithstanding the exercise of the Option. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is
issued, except as provided in Section 14 below. 
  

 10 

 (b) Termination of Employment or Consulting Relationship. The Administrator shall
establish and set forth in the applicable Option Agreement the terms and conditions upon which an Option shall remain exercisable, if at all, following termination of an Optionee’s Continuous Service Status, which provisions may be waived or
modified by the Administrator at any time. To the extent that an Option Agreement does not specify the terms and conditions upon which an Option shall terminate upon termination of an Optionee’s Continuous Service Status, the following
provisions shall apply: 
 (i) General Provisions. If the Optionee (or other person entitled to exercise the Option) does not
exercise the Option to the extent so entitled within the time specified below, the Option shall terminate and the Optioned Stock underlying the unexercised portion of the Option shall revert to the Plan. In no event may any Option be exercised after
the expiration of the Option term as set forth in the Option Agreement (and subject to Section 7). 
 (ii) Termination other than
Upon Disability or Death or for Cause. In the event of termination of an Optionee’s Continuous Service Status other than under the circumstances set forth in subsections (iii) through (v) below, such Optionee may exercise any
outstanding Option at any time within three (3) months following such termination to the extent the Optionee is vested in the Optioned Stock. 
 (iii) Disability of Optionee. In the event of termination of an Optionee’s Continuous Service Status as a result of his or her Disability, such Optionee may exercise any outstanding Option at any time within twelve
(12) months following such termination to the extent the Optionee is vested in the Optioned Stock. 
 (iv) Death of
Optionee. In the event of the death of an Optionee during the period of Continuous Service Status since the date of grant of any outstanding Option, or within three (3) months following termination of Optionee’s Continuous Service
Status, the Option may be exercised by the Optionee’s estate, or by a person who acquired the right to exercise the Option by bequest or inheritance, at any time within twelve (12) months following the date of death or, if earlier, the
date the Optionee’s Continuous Service Status terminated, but only to the extent the Optionee is vested in the Optioned Stock. 
 (v)
Termination for Cause. In the event of termination of an Optionee’s Continuous Service Status for Cause, any outstanding Option (including any vested portion thereof) held by such Optionee shall immediately terminate in its
entirety upon first notification to the Optionee of termination of the Optionee’s Continuous Service Status for Cause. If an Optionee’s Continuous Service Status is suspended pending an investigation of whether the Optionee’s
Continuous Service Status will be terminated for Cause, all the Optionee’s rights under any Option, including the right to exercise the Option, shall be suspended during the investigation period. Nothing in this Section 10(b)(v) shall in
any way limit the Company’s right to purchase unvested Shares issued upon exercise of an Option as set forth in the applicable Option Agreement. 
 (c) Buyout Provisions. The Administrator may at any time offer to buy out for a payment in cash or Shares an Option previously granted under the Plan based on such terms and conditions as the
Administrator shall establish and communicate to the Optionee at the time that such offer is made. 
  

 11 

 11. Restricted Stock. 
 (a) Rights to Purchase. When a right to purchase Restricted Stock is granted under the Plan, the Administrator shall advise the recipient
in writing of the terms, conditions and restrictions related to the offer, including the number of Shares that such person shall be entitled to purchase, the price to be paid (which shall be as determined by the Administrator, subject to Applicable
Laws, including any applicable securities laws), and the time within which such person must accept such offer. The permissible consideration for Restricted Stock shall be determined by the Administrator and shall be the same as is set forth in
Section 9(b) with respect to exercise of Options. The offer to purchase Shares shall be accepted by execution of a Restricted Stock Purchase Agreement in the form determined by the Administrator. 
 (b) Repurchase Option. 
 (i)
General. Unless the Administrator determines otherwise, the Restricted Stock Purchase Agreement shall grant the Company a repurchase option exercisable upon the voluntary or involuntary termination of the Participant’s Continuous
Service Status for any reason (including death or Disability). The purchase price for Shares repurchased pursuant to the Restricted Stock Purchase Agreement shall be the original purchase price paid by the purchaser and may be paid by cancellation
of any indebtedness of the purchaser to the Company. The repurchase option shall lapse at such rate as the Administrator may determine. 
 (ii) Leave of Absence. The Administrator shall have the discretion to determine whether and to what extent the lapsing of Company repurchase rights shall be tolled during any unpaid leave of absence; provided, however, that in
the absence of such determination, such lapsing shall be tolled during any such unpaid leave (unless otherwise required by the Applicable Laws). Notwithstanding the foregoing, in the event of military leave, the lapsing of Company repurchase rights
shall toll during any unpaid portion of such leave, provided that, upon a Participant’s returning from military leave (under conditions that would entitle him or her to protection upon such return under the Uniform Services Employment and
Reemployment Rights Act), he or she shall be given vesting credit with respect to Shares purchased pursuant to the Restricted Stock Purchase Agreement to the same extent as would have applied had the Participant continued to provide services to the
Company (or any Parent or Subsidiary, if applicable) throughout the leave on the same terms as he or she was providing services immediately prior to such leave. 
 (c) Other Provisions. The Restricted Stock Purchase Agreement shall contain such other terms, provisions and conditions not inconsistent with the Plan as may be determined by the Administrator in its
sole discretion. In addition, the provisions of Restricted Stock Purchase Agreements need not be the same with respect to each Participant. 
 (d) Rights as a Holder of Capital Stock. Once the Restricted Stock is purchased, the Participant shall have the rights equivalent to those of a holder of capital stock, and shall be a record holder when his or her purchase is
entered upon the records of the duly 

  

 12 

 
authorized transfer agent of the Company. No adjustment will be made for a dividend or other right for which the record date is prior to the date the
Restricted Stock is purchased, except as provided in Section 14 of the Plan. 
 12. Restricted Stock Units. 
 (a) General. Restricted Stock Units may be issued either alone or in addition to other Awards granted under the Plan and/or cash awards
made outside of the Plan. After the Administrator determines that it will grant Restricted Stock Units under the Plan, it shall advise the Participant in writing of the terms, conditions and restrictions related to the offer (which may include
restrictions based on performance criteria, passage of time or other factors or a combination thereof) and the number of Restricted Stock Units that such person shall be entitled to. The offer shall be accepted by execution of a Restricted Stock
Unit Award Agreement in the form determined by the Administrator. 
 (b) Rights as a Stockholder. A Participant who is awarded
Restricted Stock Units shall possess no incidents of Common Stock ownership with respect to such Restricted Stock Units. 
 (c)
Termination of Employment. Except as otherwise expressly provided in the Restricted Stock Unit Award Agreement, in the event of the termination of the Participant’s Continuous Service Status for any reason prior to the lapsing of
the restrictions with respect to any Restricted Stock Units, such Restricted Stock Units held by the Participant shall be automatically forfeited by the Participant as of the date of termination. Neither the Participant nor any of the
Participant’s successors, heirs, assigns or personal representatives shall have any rights or interests in any Restricted Stock Units that are so forfeited. 
 (d) Other Provisions. The Restricted Stock Unit Award Agreement shall contain such other terms, provisions and conditions not inconsistent with the Plan as may be determined by the Administrator in its sole
discretion. In addition, the provisions of Restricted Stock Unit Award Agreements need not be the same with respect to each Participant who is awarded Restricted Stock Units. 
 13. Taxes. 
 (a) As a
condition of the grant, vesting and exercise of an Award, the Participant (or in the case of the Participant’s death or a permitted transferee, the person holding or exercising the Award) shall make such arrangements as the Administrator may
require for the satisfaction of any applicable U.S. federal, state or local tax withholding obligations or foreign tax withholding obligations that may arise in connection with such Award. The Company shall not be required to issue any Shares under
the Plan until such obligations are satisfied. 
 (b) The Administrator may permit a Participant (or in the case of the Participant’s
death or a permitted transferee, the person holding or exercising the Award) to satisfy all or part of his or her tax withholding obligations by Cashless Exercise or by surrendering Shares (either directly or by stock attestation) that he or she
previously acquired; provided that, unless the Cashless Exercise is an approved broker-assisted Cashless Exercise, the Shares tendered for payment have been previously held for a minimum duration (e.g., to avoid 

  

 13 

 
financial accounting charges to the Company’s earnings), or as otherwise permitted to avoid financial accounting charges under applicable accounting
guidance, amounts withheld shall not exceed the amount necessary to satisfy the Company’s tax withholding obligations at the minimum statutory withholding rates, including, but not limited to, U.S. federal and state income taxes, payroll taxes,
and foreign taxes, if applicable. Any payment of taxes by surrendering Shares to the Company may be subject to restrictions, including, but not limited to, any restrictions required by rules of the Securities and Exchange Commission. 
 14. Non-Transferability of Options. 
 (a) General. Except as set forth in this Section 13, Options may not be sold, pledged, assigned, hypothecated, transferred or disposed of in any manner other than by will or by the laws of descent or distribution. The
designation of a beneficiary by an Optionee will not constitute a transfer. An Option may be exercised, during the lifetime of the holder of the Option, only by such holder or a transferee permitted by this Section 13. 
 (b) Limited Transferability Rights. Notwithstanding anything else in this Section 13, the Administrator may in its sole discretion
grant Nonstatutory Stock Options that may be transferred by instrument to an inter vivos or testamentary trust in which the Options are to be passed to beneficiaries upon the death of the trustor (settlor) or by gift to Family Members. 

15. Adjustments Upon Changes in Capitalization, Merger or Certain Other Transactions. 
 (a) Changes in Capitalization. Subject to any action required under Applicable Laws by the holders of capital stock of the Company,
(i) the numbers and class of Shares or other stock or securities: (x) available for future Awards under Section 3 above, (y) set forth in Section 8 above, and (z) covered by each outstanding Award, (ii) the price
per Share covered by each such outstanding Option, and (iii) any repurchase price per Share applicable to Shares issued pursuant to any Award, shall be proportionately adjusted by the Administrator in the event of a stock split, reverse stock
split, stock dividend, combination, consolidation, recapitalization (including a recapitalization through a large nonrecurring cash dividend) or reclassification of the Shares, subdivision of the Shares, a rights offering, a reorganization, merger,
spin-off, split-up, change in corporate structure or other similar occurrence. Any adjustment by the Administrator pursuant to this Section 14(a) shall be made in the Administrator’s sole and absolute discretion and shall be final, binding
and conclusive. Except as expressly provided herein, no issuance by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with
respect to, the number or price of Shares subject to an Award. If, by reason of a transaction described in this Section 14(a) or an adjustment pursuant to this Section 14(a), a Participant’s Award agreement or agreement related to any
Optioned Stock, Restricted Stock or Restricted Stock Units covers additional or different shares of stock or securities, then such additional or different shares, and the Award agreement or agreement related to the Optioned Stock, Restricted Stock
or Restricted Stock Units in respect thereof, shall be subject to all of the terms, conditions and restrictions which were applicable to the Award, Optioned Stock, Restricted Stock and Restricted Stock Units prior to such adjustment. 
  

 14 

 (b) Dissolution or Liquidation. In the event of the dissolution or liquidation of the
Company, each Award will terminate immediately prior to the consummation of such action, unless otherwise determined by the Administrator. 
 (c) Corporate Transactions. In the event of a sale of all or substantially all of the Company’s assets, or a merger, consolidation or other capital reorganization or business combination transaction of the Company with or
into another corporation, entity or person (a “Corporate Transaction”), each outstanding Award shall either be (i) assumed or an equivalent Award shall be substituted by such successor corporation or a parent or subsidiary of
such successor corporation (the “Successor Corporation”), or (ii) terminated in exchange for a payment of cash, securities and/or other property equal to the excess of the Fair Market Value of the portion of the Award that is
vested and exercisable immediately prior to the consummation of the Corporate Transaction over the per Share exercise price thereof (if any). Notwithstanding the foregoing, in the event such Successor Corporation does not agree to such assumption,
substitution or exchange, each such Award shall terminate upon the consummation of the Corporate Transaction. 
 16. Time of Granting
Options, Right to Purchase Restricted Stock and Restricted Stock Units. The date of grant of an Award shall, for all purposes, be the date on which the Administrator makes the determination granting such Award, or such other date as is
determined by the Administrator, provided that in the case of any Incentive Stock Option, the grant date shall be the later of the date on which the Administrator makes the determination granting such Incentive Stock Option or the date of
commencement of the Optionee’s employment relationship with the Company. 
 17. Amendment and Termination of the Plan. The
Board may at any time amend or terminate the Plan, but no amendment or termination (other than an adjustment pursuant to Section 14 above) shall be made that would materially and adversely affect the rights of any Participant under any
outstanding Award, without his or her consent. In addition, to the extent necessary and desirable to comply with the Applicable Laws, the Company shall obtain the approval of holders of capital stock with respect to any Plan amendment in such a
manner and to such a degree as required. 
 18. Conditions Upon Issuance of Shares. Notwithstanding any other provision of the
Plan or any agreement entered into by the Company pursuant to the Plan, the Company shall not be obligated, and shall have no liability for failure, to issue or deliver any Shares under the Plan unless such issuance or delivery would comply with the
Applicable Laws, with such compliance determined by the Company in consultation with its legal counsel. As a condition to the exercise of any Option, purchase of any Restricted Stock or settlement of any Restricted Stock Unit, the Company may
require the person exercising the Option, purchasing the Restricted Stock or having the Restricted Stock Unit settled to represent and warrant at the time of any such exercise, purchase or settlement that the Shares are being purchased only for
investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation is required by Applicable Laws. Shares issued upon exercise of Options, purchase of Restricted Stock
or settlement of Restricted Stock Units prior to the date, if ever, on which the Common Stock becomes a Listed Security shall be subject to a right of first refusal in favor of the Company pursuant to which the Participant will be 

  

 15 

 
required to offer Shares to the Company before selling or transferring them to any third party on such terms and subject to such conditions as is reflected
in the applicable Option Agreement, Restricted Stock Purchase Agreement or Restricted Stock Unit Agreement. 
 19.
Beneficiaries. Unless stated otherwise in an Award agreement, a Participant may designate one or more beneficiaries with respect to an Award by timely filing the prescribed form with the Company. A beneficiary designation may be
changed by filing the prescribed form with the Company at any time before the Participant’s death. If no beneficiary was designated or if no designated beneficiary survives the Participant, then after a Participant’s death any vested
Award(s) shall be transferred or distributed to the Participant’s estate. 
 20. Approval of Holders of Capital Stock. If
required by the Applicable Laws, continuance of the Plan shall be subject to approval by the holders of capital stock of the Company within twelve (12) months before or after the date the Plan is adopted or, to the extent required by Applicable
Laws, any date the Plan is amended. Such approval shall be obtained in the manner and to the degree required under the Applicable Laws. 
 21. Addenda. The Administrator may approve such addenda to the Plan as it may consider necessary or appropriate for the purpose of granting Awards to Employees or Consultants, which Awards may contain such terms and conditions
as the Administrator deems necessary or appropriate to accommodate differences in local law, tax policy or custom, which, if so required under Applicable Laws, may deviate from the terms and conditions set forth in this Plan. The terms of any such
addenda shall supersede the terms of the Plan to the extent necessary to accommodate such differences but shall not otherwise affect the terms of the Plan as in effect for any other purpose. 
  

 16 

 ADDENDUM A 
 2006 Stock Plan 
 (California Participants) 
 Prior to the date, if ever, on which the Common Stock becomes a Listed Security and/or the Company is subject to the reporting requirements of the
Exchange Act, the terms set forth herein shall apply to Awards issued to California Participants. All capitalized terms used herein but not otherwise defined shall have the respective meanings set forth in the Plan. 
 1. The following rules shall apply to any Option in the event of termination of the Participant’s Continuous Service Status: 
 a. If such termination was for reasons other than death, “disability” (as defined below), or Cause, the Participant shall have at least thirty
(30) days after the date of such termination to exercise his or her Option to the extent the Participant is entitled to exercise on his or her termination date, provided that in no event shall the Option be exercisable after the expiration of
the Option term as set forth in the Option Agreement. 
 b. If such termination was due to death or disability, the Participant shall
have at least six (6) months after the date of such termination to exercise his or her Option to the extent the Participant is entitled to exercise on his or her termination date, provided that in no event shall the Option be exercisable after
the expiration of the Option term as set forth in the Option Agreement. 
 “Disability” for purposes of this Addendum shall mean the inability of
the Participant, in the opinion of a qualified physician acceptable to the Company, to perform the major duties of the Participant’s position with the Company or any Parent or Subsidiary because of the sickness of injury of the Participant.

 2. Notwithstanding anything stated herein to the contrary, no Option shall be exercisable on or after the tenth anniversary of the date of
grant and any Award agreement shall terminate on or before the tenth anniversary of the date of grant. 
 3. The Company shall furnish
summary financial information (audited or unaudited) of the Company’s financial condition and results of operations, consistent with the requirements of Applicable Laws, at least annually to each California Participant during the period such
Participant has one or more Awards outstanding, and in the case of an individual who acquired Shares pursuant to the Plan, during the period such Participant owns such Shares. The Company shall not be required to provide such information if
(i) the issuance is limited to key employees whose duties in connection with the Company assure their access to equivalent information or (ii) the Plan or any agreement complies with all conditions of Rule 701 of the Securities Act of
1933, as amended; provided that for purposes of determining such compliance, any registered domestic partner shall be considered a “family member” as that term is defined in Rule 701.

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