Document:

EX-10.17

 Exhibit 10.17 

10X GENOMICS, INC. 

FORM OF 

INDEMNIFICATION AGREEMENT 

This Indemnification Agreement is dated as of _________, 20__ (this “Agreement”) and is between 10x Genomics, Inc.,
a Delaware corporation (the “Company”), and [name of director/officer] (“Indemnitee”). 

Background 
 The
Company believes that in order to attract and retain highly competent persons to serve as directors or in other capacities, including as officers, it must provide such persons with adequate protection through indemnification against the risks of
claims and actions against them arising out of their services to and activities on behalf of the Company. 
 The Company desires and has
requested Indemnitee to serve, or to continue to serve, as a director or officer of the Company and, in order to induce Indemnitee to serve, or to continue to serve, as a director or officer of the Company, the Company is willing to grant Indemnitee
the indemnification provided for herein. Indemnitee is willing to so serve, or to continue to serve, on the basis that such indemnification be provided. 

The parties by this Agreement desire to set forth their agreement regarding indemnification and the advancement of expenses. 

In consideration of Indemnitee’s service to the Company and the covenants and agreements set forth below, and for other good and valuable
consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows: 

Section 1. Indemnification. To the fullest extent permitted by the General Corporation Law of the State of
Delaware (the “DGCL”): 
 (a) The Company shall indemnify Indemnitee if Indemnitee was or is a party to, is threatened
to be made a party to, or is otherwise involved in, as a witness or otherwise, any threatened, pending or completed action, suit or proceeding (brought in the right of the Company or otherwise), whether civil, criminal, administrative or
investigative and whether formal or informal, including any and all appeals, by reason of the fact that Indemnitee is or was or has agreed to serve as a director, officer, employee or agent of the Company, or while serving as a director or officer
of the Company, is or was serving or has agreed to serve at the request of the Company as a director, officer, employee or agent (which, for purposes hereof, shall include a trustee, fiduciary, partner or manager or similar capacity) of another
corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise, or by reason of any action alleged to have been taken or omitted by Indemnitee in any such capacity. 

(b) Subject to Section 6, the indemnification provided by this Section 1 shall be from and
against all loss and liability suffered and expenses (including attorneys’ fees, costs and expenses), judgments, fines and amounts paid in settlement actually and reasonably incurred by or on behalf of Indemnitee in connection with such action,
suit or proceeding, including any appeals (collectively, “Losses”). 

 Section 2. Advancement of Expenses. To the
fullest extent permitted by the DGCL, but subject to the terms of this Agreement and following notice pursuant to Section 3(a) below, expenses (including attorneys’ fees, costs and expenses) incurred by Indemnitee in
appearing at, participating in or defending, or otherwise arising out of or related to, any action, suit or proceeding described in Section 1(a) shall be paid by the Company in advance of the final disposition of such
action, suit or proceeding, or in connection with any action, suit or proceeding brought to establish or enforce a right to indemnification or advancement of expenses pursuant to Section 3 (an “advancement of
expenses”), within 20 days after receipt by the Company of a statement or statements from Indemnitee requesting such advancement of expenses from time to time. Indemnitee hereby undertakes to repay any amounts so advanced (without interest)
to the extent that it is ultimately determined by final judicial decision from which there is no further right to appeal (a “final adjudication”) that such Indemnitee is not entitled to be indemnified or entitled to advancement of
expenses under this Agreement. No other form of undertaking shall be required of Indemnitee other than the execution of this Agreement. This Section 2 shall be subject to Section 3(b) and shall not
apply to any claim made by Indemnitee for which indemnity is excluded pursuant to Section 6. 
 Section 3.
Procedure for Indemnification; Notification and Defense of Claim. 
 (a) Promptly after receipt by Indemnitee of notice of the
commencement of any action, suit or proceeding, Indemnitee shall, if any indemnification, advancement or other claim in respect thereof is to be sought from or made against the Company hereunder, notify the Company in writing of the commencement
thereof. The failure to promptly notify the Company of the commencement of any action, suit or proceeding, or of Indemnitee’s request for indemnification, advancement or other claims shall not relieve the Company from any liability that it may
have to Indemnitee hereunder and shall not constitute a waiver or release by Indemnitee of any rights hereunder or otherwise, except to the extent the Company is actually and materially prejudiced in its defense of such action, suit or proceeding as
a result of such failure. To submit a request for indemnification under this Agreement, Indemnitee shall submit to the Company a written request therefor. Any notice by Indemnitee under this Section 3 should include such
documentation and information as is reasonably available to Indemnitee and is reasonably necessary to enable the Company to determine whether and to what extent Indemnitee is entitled to indemnification. 

(b) With respect to any action, suit or proceeding of which the Company is so notified as provided in this Agreement, the Company shall,
subject to the last two sentences of this Section 3(b), be entitled to assume the defense of such action, suit or proceeding, with counsel reasonably acceptable to Indemnitee, upon the delivery to Indemnitee of written
notice of its election to do so. After delivery of such notice, approval of such counsel by Indemnitee and the retention of such counsel by the Company, the Company will not be liable to Indemnitee under this Agreement for any subsequently incurred
fees of separate counsel engaged by Indemnitee with respect to the same action, suit or proceeding unless the employment of separate counsel by Indemnitee has been previously authorized in writing by the Company, which authorization will not be
unreasonably withheld or delayed. Notwithstanding the foregoing, if Indemnitee, based on the advice of his or her counsel, shall have reasonably concluded (with written notice being given to the Company setting forth the basis for such conclusion)
that, in the conduct of any such defense, there is an actual or potential conflict of interest or position (other than such potential conflicts that are objectively immaterial or remote) between the Company and Indemnitee with respect to a
significant issue, then the Company will not be entitled, without the written consent of Indemnitee, to assume such defense. In addition, the Company will not be entitled, without the written consent of Indemnitee, to assume the defense of any claim
brought by or in the right of the Company. 

  
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 (c) The determination whether to grant Indemnitee’s indemnification request shall be
made promptly and in any event within 30 days following the Company’s receipt of a request for indemnification in accordance with Section 3(a). If the determination of whether to grant Indemnitee’s indemnification
request shall not have been made within such 30-day period, the requisite determination of entitlement to indemnification shall, subject to Section 6, nonetheless be deemed to have
been made and Indemnitee shall be entitled to such indemnification, absent (i) an intentional misstatement by Indemnitee of a material fact, or an intentional omission of a material fact necessary to make Indemnitee’s statement not
misleading, in connection with the request for indemnification, or (ii) a prohibition of such indemnification under the DGCL; provided, however, that such 30-day period may be extended for a
reasonable time, not to exceed an additional 30 days, if the person, person or entity making the determination with respect to entitlement to indemnification in good faith requires such additional time for the obtaining or evaluating of
documentation or information relating thereto. 
 (d) In the event that (i) the Company determines in accordance with this
Section 3 that Indemnitee is not entitled to indemnification under this Agreement, (ii) the Company denies a request for indemnification, in whole or in part, or fails to respond or make a determination of entitlement to indemnification
within 30 days following receipt of a request for indemnification as described above, (iii) payment of indemnification is not made within such 30-day period (as it may be extended), (iv) advancement
of expenses is not timely made in accordance with Section 2 or (v) the Company or any other person takes or threatens to take any action to declare this Agreement void or unenforceable, or institutes any litigation or
other action or proceeding designed to deny, or to recover from, Indemnitee the benefits provided or intended to be provided to Indemnitee hereunder, Indemnitee shall be entitled to an adjudication in any court of competent jurisdiction of his or
her entitlement to such indemnification or advancement of expenses, as applicable. Indemnitee’s expenses (including attorneys’ fees, costs and expenses) incurred in connection with successfully establishing Indemnitee’s right to
indemnification or advancement of expenses, in whole or in part, in any such proceeding or otherwise shall also be indemnified by the Company to the fullest extent permitted by the DGCL. 

(e) Indemnitee shall be presumed to be entitled to indemnification and advancement of expenses under this Agreement upon submission of a
request therefor in accordance with Section 2 or Section 3, as the case may be. The Company shall have the burden of proof in overcoming such presumption, and such presumption shall be used as a
basis for a determination of entitlement to indemnification and advancement of expenses unless the Company overcomes such presumption by clear and convincing evidence. For purposes of this Agreement, to the fullest extent permitted by the DGCL,
Indemnitee shall be deemed to have acted in good faith if Indemnitee’s action is based on the records or books of account of the Company, including financial statements, or on information supplied to Indemnitee by the officers, employees or
committees of the Board of Directors of the Company (the “Board of Directors”), or on the advice of legal counsel or other advisors (including financial advisors and accountants) for the Company or on information or records
given in reports made to the Company by an independent certified public accountant or by an appraiser or other expert or advisor selected by the Company, and the knowledge and/or actions, or failure to act, of any director, officer, agent or
employee of the Company or relevant enterprises will not be imputed to Indemnitee in a manner that limits or otherwise adversely affects Indemnitee’s rights hereunder. 

  
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 Section 4. Insurance and Subrogation. 

(a) The Company hereby covenants and agrees that, so long as Indemnitee shall be subject to any possible action, suit or proceeding by
reason of the fact that Indemnitee is or was or has agreed to serve as a director, officer, employee or agent of the Company, or while serving as a director or officer of the Company, is or was serving or has agreed to serve at the request of the
Company as a director, officer, employee or agent (which, for purposes hereof, shall include a trustee, fiduciary, partner or manager or similar capacity) of another corporation, limited liability company, partnership, joint venture, trust, employee
benefit plan or other enterprise, the Company, subject to Section 4(b), shall promptly obtain and maintain in full force and effect directors’ and officers’ liability insurance (“D&O
Insurance”) in reasonable amounts from established and reputable insurers, as more fully described below. 
 (b) Notwithstanding
any other provisions of this Agreement to the contrary, the Company shall have no obligation to obtain or maintain D&O Insurance if the Company determines in good faith that: (i) such insurance is not reasonably available; (ii) the
premium costs for such insurance are disproportionate to the amount of coverage provided; (iii) the coverage provided by such insurance is limited by exclusions so as to provide an insufficient benefit; (iv) the Company is to be acquired
and a tail policy of reasonable terms and duration is purchased for pre-closing acts or omissions by Indemnitee; or (v) the Company is to be acquired and D&O Insurance will be maintained by the
acquirer that covers pre-closing acts and omissions by Indemnitee. 
 (c) In all policies of D&O
Insurance, Indemnitee shall qualify as an insured in such a manner as to provide Indemnitee the same rights and benefits as are accorded to the most favorably insured (i) of the Company’s independent directors (as defined by the insurer)
if Indemnitee is such an independent director; (ii) of the Company’s non-independent directors if Indemnitee is not an independent director; or (iii) of the Company’s officers if Indemnitee
is an officer of the Company. If the Company has D&O Insurance in effect at the time the Company receives from Indemnitee any notice of the commencement of an action, suit or proceeding, the Company shall give prompt notice of the commencement
of such action, suit or proceeding to the insurers in accordance with the procedures set forth in the policy. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts
payable as a result of such proceeding in accordance with the terms of such policy. 
 (d) Subject to Section 15,
in the event of any payment by the Company under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of Indemnitee with respect to any insurance policy or any other indemnity agreement
covering Indemnitee. Indemnitee shall execute all papers required and take all reasonable action necessary to secure such rights, including execution of such documents as are necessary to enable the Company to bring suit to enforce such rights in
accordance with the terms of such insurance policy. The Company shall pay or reimburse all expenses actually and reasonably incurred by Indemnitee in connection with such subrogation. 

(e) Subject to Section 15, the Company shall not be liable under this Agreement to make any payment of amounts
otherwise indemnifiable hereunder (including, without limitation, judgments, fines and amounts paid in settlement) if and to the extent that Indemnitee has otherwise actually received such payment under this Agreement or any insurance policy,
contract, agreement or otherwise. 

  
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 Section 5. Certain Definitions. For purposes
of this Agreement, the following definitions shall apply: 
 (a) The term “action, suit or proceeding” shall be broadly
construed and shall include, without limitation, the investigation, preparation, prosecution, defense, settlement, arbitration and appeal of, and the giving of testimony in, any threatened, pending or completed claim, counterclaim, cross claim,
action, suit, arbitration, alternative dispute mechanism or proceeding, whether civil, criminal, administrative or investigative. 
 (b) The
term “by reason of the fact that Indemnitee is or was or has agreed to serve as a director, officer, employee or agent of the Company, or while serving as a director or officer of the Company, is or was serving or has agreed to serve at the
request of the Company as a director, officer, employee or agent (which, for purposes hereof, shall include a trustee, fiduciary, partner or manager or similar capacity) of another corporation, limited liability company, partnership, joint venture,
trust, employee benefit plan or other enterprise” shall be broadly construed and shall include, without limitation, any actual or alleged act or omission to act. 

(c) The term “expenses” shall be broadly construed and shall include, without limitation, all direct and indirect costs of
any type or nature whatsoever (including, without limitation, all attorneys’ fees, costs and expenses and related disbursements, appeal bonds, other out-of-pocket
costs, retainers, court costs, transcript costs, fees of experts and other professionals, witness fees, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, any federal, state, local or
foreign taxes imposed on Indemnitee as a result of the actual or deemed receipt of any payments under this Agreement, ERISA excise taxes and penalties and reasonable compensation for time spent by Indemnitee for which Indemnitee is not otherwise
compensated by the Company or any third party), actually and reasonably incurred by Indemnitee in connection with either the investigation, defense or appeal of an action, suit or proceeding or establishing or enforcing a right to indemnification
under this Agreement or otherwise incurred in connection with a claim that is indemnifiable hereunder. 
 (d) The term “judgments,
fines and amounts paid in settlement” shall be broadly construed and shall include, without limitation, all direct and indirect payments of any type or nature whatsoever, as well as any penalties or excise taxes assessed on a person with
respect to an employee benefit plan. 
 Section 6. Limitation on Indemnification.
Notwithstanding any provision of this Agreement to the contrary, the Company shall not be obligated pursuant to this Agreement: 
 (a)
Proceedings Initiated by Indemnitee. To indemnify or advance expenses to Indemnitee with respect to an action, suit or proceeding (or part thereof) initiated voluntarily by Indemnitee, except with respect to any compulsory counterclaim
brought by Indemnitee, unless (i) such indemnification is expressly required to be made by law, (ii) such action, suit or proceeding (or part thereof) was authorized or consented to by the Board of Directors, (iii) such
indemnification is provided by the Company, in its sole discretion, pursuant to the powers vested in the Company under the DGCL or (iv) such action, suit or proceeding is brought to establish or enforce a right to indemnification or advancement
of expenses under this Agreement or any other statute or law or otherwise as required under Section 145 of the DGCL in advance of a final determination. 

(b) Lack of Good Faith. To indemnify Indemnitee for any expenses incurred by Indemnitee with respect to any action, suit or proceeding
instituted by Indemnitee to enforce or interpret this Agreement, if a court of competent jurisdiction determines that each of the material assertions made by Indemnitee in such action, suit or proceeding was not made in good faith or was frivolous.

  
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 (c) Section 16(b) and Clawback Matters. To indemnify Indemnitee
for (i) an accounting of profits made from the purchase and sale (or sale and purchase) by Indemnitee of securities of the Company within the meaning of Section 16(b) of the Securities and Exchange Act of 1934, as amended (the
“Exchange Act”), or similar provisions of state statutory law or common law, (ii) any reimbursement of the Company by the Indemnitee of any bonus or other incentive-based or equity-based compensation or of any profits realized
by the Indemnitee from the sale of securities of the Company, as required in each case under the Exchange Act (including any such reimbursements that arise from an accounting restatement of the Company pursuant to Section 304 of the
Sarbanes-Oxley Act of 2002 (the “Sarbanes-Oxley Act”), or the payment to the Company of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 306 of the Sarbanes-Oxley Act) or
(iii) any reimbursement of the Company by Indemnitee of any compensation pursuant to any compensation recoupment or clawback policy adopted by the Board of Directors or the compensation committee of the Board of Directors, including but not
limited to any such policy adopted to comply with stock exchange listing requirements implementing Section 10D of the Exchange Act. 

(d) Prohibited by Law. To indemnify or advance expenses to Indemnitee in any circumstance where such indemnification has been
determined to be prohibited by law by a final (not interlocutory) judgment or other adjudication of a court or arbitration or administrative body of competent jurisdiction as to which there is no further right or option of appeal or the time within
which an appeal must be filed has expired without such filing. 
 Section 7. Change in Control. 

(a) The Company agrees that if there is a change in control of the Company, then with respect to all matters thereafter arising concerning the
rights of Indemnitee to indemnification and advancement of expenses under this Agreement, any other agreement or the Company’s certificate of incorporation or bylaws now or hereafter in effect, the Company shall seek legal advice only from
independent counsel selected by Indemnitee and approved by the Company (which approval shall not be unreasonably withheld). In addition, upon written request by Indemnitee for indemnification pursuant to Section 3(a), a
determination, if required by the DGCL, with respect to Indemnitee’s entitlement thereto shall be made by such independent counsel in a written opinion to the Board of Directors, a copy of which shall be delivered to Indemnitee. The Company
agrees to pay the reasonable fees of the independent counsel referred to above and to indemnify fully such counsel against any and all expenses (including attorneys’ fees, costs and expenses), claims, liabilities and damages arising out of or
relating to this Agreement or its engagement pursuant hereto. 
 (b) For purposes of this Section 7, the following
definitions shall apply: 
 (i) A “change in control” shall be deemed to occur upon the earliest to occur after the date
of this Agreement of any of the following: (A) any person or group, within the meaning of Section 13(d)(3) of the Exchange Act, obtains ownership, directly or indirectly, of (x) more than 50% of the total voting power of the
outstanding capital stock of the Company or applicable successor entity (including any securities convertible into, or exercisable or exchangeable for such capital stock) or (y) all or substantially all of the assets of the Company and its
Subsidiaries on a consolidated basis; (B) during any period of two consecutive years (not including any period prior to the execution of this Agreement), 

  
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individuals who at the beginning of such period constitute the Board of Directors, and any new director (other than a director designated by a person who has entered into an agreement with the
Company to effect a transaction described in Sections 7(b)(i)(A), 7(b)(i)(C) or 7(b)(i)(D) or a director whose initial nomination for, or assumption of office as, a member of the Board of Directors occurs as a
result of an actual or threatened solicitation of proxies or consents for election or removal of one or more directors by any person or group other than a solicitation for the election of one or more directors by or on behalf of the Board of
Directors) whose election by the Board of the Directors or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds of the directors then still in office who
either were directors at the beginning of the period or whose election or nomination for election was previously so approved, cease for any reason to constitute at least a majority of the members of the Board of Directors; (C) the effective
date of a merger or consolidation of the Company with any other entity, other than a merger or consolidation that would result in the voting securities of the Company outstanding immediately prior to such merger or consolidation continuing to
represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) at least 50% of the combined voting power of the voting securities of the surviving entity outstanding immediately after such merger or
consolidation and with the power to elect at least a majority of the board of directors or other governing body of such surviving entity; and (D) the approval by the stockholders of the Company of a complete liquidation of the Company or
an agreement for the sale or disposition by the Company of all or substantially all of the Company’s assets. For purposes of this Section 7(b)(i) only, “person” shall have the meaning as set forth in
Sections 13(d) and 14(d) of the Exchange Act; provided, however, that “person” shall exclude (a) the Company, (b) any trustee or other fiduciary holding securities under an employee benefit plan of the Company
and (c) any corporation owned, directly or indirectly, by the stockholders of the Company in substantially the same proportions as their ownership of stock of the Company. 

(ii) The term “independent counsel” means a law firm, or a member of a law firm, that is experienced in matters of
corporation law and neither presently is, nor in the past five years has been, retained to represent: (A) the Company or Indemnitee in any matter material to either such party or (B) any other party to the action, suit or proceeding giving
rise to a claim for indemnification hereunder. Notwithstanding the foregoing, the term “independent counsel” shall not include any person who, under the applicable standards of professional conduct then prevailing, would have a
conflict of interest in representing either the Company or Indemnitee in an action to determine Indemnitee’s rights under this Agreement. 

(iii) The term “Subsidiary” means, with respect to the Company (or an applicable successor entity), any corporation,
partnership, limited liability company, association or other business entity of which (A) if a corporation, a majority of the total voting power of shares of stock entitled (without regard to the occurrence of any contingency) to vote in the
election of directors or other governing persons or bodies thereof is at the time owned or controlled, directly or indirectly, by the Company or one or more of the other Subsidiaries of the Company or a combination thereof, or (B) if a
partnership, limited liability company, trust, association or other business entity, a majority of the partnership, limited liability company or other similar ownership interest thereof is at the time owned or controlled, directly or indirectly, by
the Company or one or more of the other Subsidiaries of the Company or a combination thereof. For purposes hereof, the Company or its applicable Subsidiary shall be deemed to have a majority ownership interest in a partnership, limited liability
company, association or other business entity if the Company or such applicable Subsidiary shall be allocated a majority of partnership, limited liability company, association or other business entity gains or losses or shall be or control the
managing director, managing member, manager or general partner of such partnership, limited liability company, association or other business entity. 

  
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 Section 8. Certain Settlement Provisions. The
Company shall have no obligation to indemnify Indemnitee under this Agreement for any amounts paid in settlement of any action, suit or proceeding that is settled without the Company’s prior written consent. The Company shall not, without
Indemnitee’s prior written consent, settle any action, suit or proceeding in any manner that would attribute to Indemnitee any admission of liability or that would impose any fine or other obligation or restriction on Indemnitee. Neither the
Company nor Indemnitee will unreasonably withhold his, her or its consent to any proposed settlement. 

Section 9. Savings Clause. If any provision or provisions (or portion thereof) of this
Agreement shall be invalidated on any ground by any court of competent jurisdiction, then the Company shall nevertheless indemnify Indemnitee if Indemnitee was or is a party to, is threatened to be made a party to, or is otherwise involved in, as a
witness or otherwise, any threatened, pending or completed action, suit or proceeding (brought in the right of the Company or otherwise), whether civil, criminal, administrative or investigative and whether formal or informal, including any and all
appeals, by reason of the fact that Indemnitee is or was or has agreed to serve as a director, officer, employee or agent of the Company, or while serving as a director or officer of the Company, is or was serving or has agreed to serve at the
request of the Company as a director, officer, employee or agent (which, for purposes hereof, shall include a trustee, fiduciary, partner or manager or similar capacity) of another corporation, limited liability company, partnership, joint venture,
trust, employee benefit plan or other enterprise, or by reason of any action alleged to have been taken or omitted by Indemnitee in any such capacity, from and against all Losses suffered by, or incurred by or on behalf of, Indemnitee in connection
with such action, suit or proceeding, including any appeals, to the fullest extent permitted by any applicable portion of this Agreement that shall not have been invalidated. 

Section 10. Contribution. In order to provide for just and equitable contribution in
circumstances in which the indemnification provided for herein is held by a court of competent jurisdiction to be unavailable to Indemnitee in whole or in part, it is agreed that, in such event, the Company shall, to the fullest extent permitted by
law, contribute to the payment of all Losses suffered by, or incurred by or on behalf of, Indemnitee in connection with any action, suit or proceeding, including any appeals, in an amount that is just and equitable in the circumstances in order to
reflect (a) the relative benefits received by the Company and Indemnitee as a result of the event(s) and/or transaction(s) giving cause to such actions, suit or proceeding; and/or (b) the relative fault of the Company (and its directors,
officers, employees and agents) and Indemnitee in connection with such event(s) and/or transaction(s); provided that, without limiting the generality of the foregoing, such contribution shall not be required where such holding by the court is
due to any limitation on indemnification set forth in Section 4(e), Section 6, Section 8 or Section 9. 

Section 11. Form and Delivery of Communications. All notices,
requests, demands and other communications under this Agreement shall be in writing and shall be deemed to have been duly given if (a) delivered by hand, upon receipt by the party to whom said notice or other communication shall have been
directed, (b) mailed by certified or registered mail with postage prepaid, on the third business day after the date on which it is so mailed, (c) mailed by reputable overnight courier, one day after deposit with such courier and with
written verification of receipt, or (d) sent by email transmission, with receipt of oral confirmation that such transmission has been received. Notice to the Company shall be directed to General Counsel, email: gc@10xgenomics.com. Notice to
Indemnitee shall be directed to [_____], email: [_____@_____.com. 

  
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 Section 12. Nonexclusivity. The provisions
for indemnification to or the advancement of expenses and costs to Indemnitee under this Agreement shall not limit or restrict in any way the power of the Company to indemnify or advance expenses to Indemnitee in any other way permitted by law or be
deemed exclusive of, or invalidate, any right to which any indemnitee seeking indemnification or advancement of expenses may be entitled under any law, the Company’s certificate of incorporation or bylaws, other agreements or arrangements, vote
of stockholders or disinterested directors or otherwise, both as to action in Indemnitee’s capacity as an officer, director, employee or agent of the Company and as to action in any other capacity. Indemnitee’s rights hereunder shall inure
to the benefit of the heirs, executors and administrators of Indemnitee. 
 Section 13.
Defenses. In (a) any action, suit or proceeding brought by Indemnitee to enforce a right to indemnification hereunder (but not in an action, suit or proceeding brought by Indemnitee to enforce a right to an advancement of
expenses) it shall be a defense that, and (b) any action, suit or proceeding brought by the Company to recover an advancement of expenses pursuant to the terms of an undertaking by Indemnitee pursuant to Section 2, the
Company shall be entitled to recover such expenses upon a final adjudication that, Indemnitee has not met any applicable standard for indemnification set forth in the DGCL. Neither the failure of the Company (including its directors who are not
parties to such action, a committee of such directors, independent legal counsel or the Company’s stockholders) to have made a determination prior to the commencement of such suit that indemnification of Indemnitee is proper in the
circumstances because Indemnitee has met the applicable standard of conduct set forth in the DGCL, nor an actual determination by the Company (including its directors who are not parties to such action, a committee of such directors, independent
legal counsel or the Company’s stockholders) that Indemnitee has not met such applicable standard of conduct, shall create a presumption that Indemnitee has not met the applicable standard of conduct or, in the case of such a suit brought by
Indemnitee, be a defense to such suit. 
 Section 14. No Construction as Employment
Agreement. Nothing contained herein shall be construed as giving Indemnitee any right to be retained as a director or officer of the Company or in the employ of the Company or any other entity. For the avoidance of doubt, the
indemnification and advancement of expenses provided under this Agreement shall continue as to Indemnitee even though he or she may have ceased to be a director, officer, employee or agent of the Company. 

Section 15. Jointly Indemnifiable Claims. 

(a) Given that certain jointly indemnifiable claims may arise due to the service of Indemnitee as a director and/or officer of the Company at
the request of Indemnitee-related entities (as defined below), the Company acknowledges and agrees that the Company shall be fully and primarily responsible for payments to Indemnitee in respect of
indemnification or advancement of expenses in connection with any such jointly indemnifiable claims pursuant to and in accordance with the terms of this Agreement, irrespective of any right of recovery Indemnitee may have from Indemnitee-related entities. Under no circumstance shall the Company be entitled to any right of subrogation or contribution by Indemnitee-related entities, and no right of
advancement or recovery Indemnitee may have from Indemnitee-related entities shall reduce or otherwise alter the rights of Indemnitee or the obligations of the Company hereunder. In the event that any of Indemnitee-related entities shall make any payment to Indemnitee in respect of indemnification or advancement of expenses with respect to any jointly 

  
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indemnifiable claim, Indemnitee-related entity making such payment shall be subrogated to the extent of such payment to all of the rights of recovery of
Indemnitee against the Company, and Indemnitee shall execute all papers reasonably required and shall do all things that may be reasonably necessary to secure such rights, including the execution of such documents as may be necessary to enable Indemnitee-related entities effectively to bring suit to enforce such rights. The Company and Indemnitee agree that each of Indemnitee-related entities shall be third-party beneficiaries with respect to this Section 15(a) and entitled to enforce this Section 15(a) as though each such
Indemnitee-related entity were a party to this Agreement. 
 (b) For purposes of this
Section 15, the following terms shall have the following meanings: 
 (i) The term
“Indemnitee-related entities” means any corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise (other than
the Company or any other corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise Indemnitee has agreed, on behalf of the Company or at the Company’s request, to serve as a director,
officer, employee or agent and which service is covered by the indemnity described in this Agreement) from whom an Indemnitee may be entitled to indemnification or advancement of expenses with respect to which, in whole or in part, the Company may
also have an indemnification or advancement obligation (other than as a result of obligations under an insurance policy). 
 (ii) The term
“jointly indemnifiable claims” shall be broadly construed and shall include, without limitation, any action, suit or proceeding for which Indemnitee shall be entitled to indemnification or advancement of expenses from both
the Company and any Indemnitee-related entity pursuant to the DGCL, any agreement or the certificate of incorporation, bylaws, partnership agreement, operating agreement, certificate of formation, certificate
of limited partnership or comparable organizational documents of the Company or Indemnitee-related entities, as applicable. 

Section 16. Interpretation of Agreement. It is understood that the parties hereto intend this
Agreement to be interpreted and enforced so as to provide, in each instance, indemnification and advancement of expenses to Indemnitee to the fullest extent permitted by the DGCL, as the same exists or may hereafter be amended (but, in the case of
any such amendment, only to the extent that such amendment permits the Company to provide broader indemnification rights than the DGCL permitted the Company to provide prior to such amendment). Whenever the words “include”,
“includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words “without limitation”, whether or not they are in fact followed by those words or words of like import. 

Section 17. Entire Agreement. This Agreement and the documents expressly referred to herein
constitute the entire agreement between the parties hereto with respect to the matters covered hereby, and any other prior or contemporaneous oral or written understandings or agreements with respect to the matters covered hereby are expressly
superseded by this Agreement. 
 Section 18. Modification and Waiver. No supplement,
modification, waiver or amendment of this Agreement shall be binding unless executed in writing by the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provision hereof
(whether or not similar) nor shall such waiver constitute a continuing waiver. For the avoidance of doubt, (a) this Agreement may not be modified or terminated by the Company without Indemnitee’s prior

  
 10 

 
written consent; (b) no amendment, alteration or interpretation of the Company’s certification of incorporation or bylaws or any other agreement or arrangement shall limit or otherwise
adversely affect the rights provided to Indemnitee under this Agreement and (c) a right to indemnification or to advancement of expenses arising under a provision of the Company’s certification of incorporation or bylaws or this Agreement
shall not be eliminated or impaired by an amendment to such provision after the occurrence of the act or omission that is the subject of the action, suit or proceeding for which indemnification or advancement of expenses is sought. 

Section 19. Successor and Assigns. All of the terms and provisions of this Agreement shall be
binding upon, shall inure to the benefit of and shall be enforceable by the parties hereto and their respective successors, assigns, heirs, executors, administrators and legal representatives. The Company shall require and cause any direct or
indirect successor (whether by purchase, merger, consolidation or otherwise) to all or substantially all of the business or assets of the Company, by written agreement in form and substance reasonably satisfactory to Indemnitee, expressly to assume
and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. 

Section 20. Service of Process and Venue. The Company hereby irrevocably and unconditionally
(a) agrees that any action or proceeding arising out of or in connection with this Agreement shall be brought in the Chancery Court of the State of Delaware (the “Delaware Court”), (b) consents to submit to the
exclusive jurisdiction of the Delaware Court for purposes of any action or proceeding arising out of or in connection with this Agreement, (c) appoints, to the extent the Company is not otherwise subject to service of process in the State of
Delaware, National Registered Agents, Inc., as its agent in the State of Delaware for acceptance of legal process in connection with any such action or proceeding against such party with the same legal force and validity as if served upon the
Company personally within the State of Delaware, (d) waives any objection to the laying of venue of any such action or proceeding in the Delaware Court and (e) waives, and agrees not to plead or to make, any claim that any such action or
proceeding brought in the Delaware Court has been brought in an improper or inconvenient forum. 
 Section 21.
Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware. If, notwithstanding the foregoing, a court of competent jurisdiction shall make a final determination that
the provisions of the law of any state other than Delaware govern indemnification by the Company of Indemnitee, then the indemnification provided under this Agreement shall in all instances be enforceable to the fullest extent permitted under such
law, notwithstanding any provision of this Agreement to the contrary. 
 Section 22.
Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed to be an original and all of which together shall be deemed to be one and the same instrument, notwithstanding that both
parties are not signatories to the original or same counterpart. 
 Section 23. Headings and Section
References. The section and subsection headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. Section references are to this Agreement
unless otherwise specified. 
 [Signature Page Follows] 

  
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 This Indemnification Agreement has been duly executed and delivered to be effective as of
the date first written above. 
  

			
	10X GENOMICS, INC.
		
	By:	 	 
		 	Name:
		 	Title:
	
	INDEMNITEE
	
	  

	 Name:EX-10.1

 Exhibit 10.1 

EMPLOYMENT AGREEMENT 

THIS EMPLOYMENT AGREEMENT (together with any amendments or other modifications and all exhibits and other attachments to it, this
“Agreement”) by and between Franklin Financial Network, Inc., a Tennessee corporation (“FFN”) and Franklin Synergy Bank, a Tennessee banking corporation (“FSB”) (herein FFN and FSB shall be collectively referred to as
“EMPLOYER”), and J. Myers Jones, III (“EXECUTIVE”), is dated as of August 28, 2019 (the “Effective Date”). 

EMPLOYER and EXECUTIVE, in consideration of the mutual promises set forth below (the mutuality, adequacy and sufficiency of which are hereby
acknowledged), hereby agree as follows: 
  

	1.	 Employment. FFN hereby employs EXECUTIVE as Chief Executive Officer and EXECUTIVE shall
perform the duties of such position as reasonably requested from time to time by FFN’s Board of Directors and/or the Audit Committee of FFN’s Board of Directors. Additionally, FSB employs EXECUTIVE as the Chief Executive Officer of FSB,
and EXECUTIVE shall perform such duties of such position as reasonably requested from time to time by FSB’s Chief Executive Officer. EXECUTIVE’s principal office currently will be located in Franklin, Tennessee, subject to such travel as
may be reasonably required from time to time to perform EXECUTIVE’s duties. EXECUTIVE shall devote substantially all of his business time, energy, and attention to the business of EMPLOYER during his employment pursuant to this Agreement. Other
than as provided herein, EXECUTIVE shall not, during his employment pursuant to this Agreement, engage in any other business activity or occupation for gain, profit, or other pecuniary advantage without the prior written consent of EMPLOYER;
provided, however, that such prohibition does not prohibit EXECUTIVE from investing or trading for his own benefit in stocks, bonds, real estate, securities or other forms of investment. Except as expressly provided herein, EXECUTIVE is an employee
at will. 

  

	2.	 Term. The initial term of this Agreement shall commence on the Effective Date and, unless
this Agreement is earlier terminated in accordance with its terms, shall end on October 15, 2021. At the end of this initial term (and the end of any one-year renewal term(s) herein provided for), this
Agreement will automatically renew for an additional, successive term of one year, unless EMPLOYER or EXECUTIVE gives the other party written notice of such party’s election to terminate this Agreement as of the end of the initial term (or
then-current renewal term) at least 150 days prior to the end of the initial term (or then-current renewal term). 

  

	3.	 Compensation. 

 

	 	(a)	 For all of the services rendered to EMPLOYER by EXECUTIVE in any capacity pursuant to this Agreement:

  

	 	(i)	 EMPLOYER shall pay to EXECUTIVE a gross salary of $453,000 for the first twelve (12) months following the
Effective Date, and $498,000 for the second twelve (12) month period following the Effective Date, (for the 

  
 1 

	 	
purpose of calculating the payment to EXECUTIVE from the end of the second twelve month period to October 15, 2021. The EXECUTIVE’S then existing Base Salary shall be pro-rated, payable in accordance with EMPLOYER’s payroll practices ( herein for the applicable time periods such shall be referred to as the “Base Salary”); provided, that, in no event
shall the Base Salary paid to the EXECUTIVE be paid at an amount less than the Salary paid to any other employee of EMPLOYER; and 

  

	 	(ii)	 EXECUTIVE is eligible to participate in any employee benefit plans maintained by EMPLOYER and available to
other similarly situated employees of EMPLOYER, including insurance benefits. 

  

	 	(b)	 EMPLOYER will review EXECUTIVE’s Base Salary annually in the normal administration of its compensation
program for other executives similarly situated in order to determine whether any adjustment is appropriate; provided that in no event shall EXECUTIVE’s Base Salary be reduced to an amount less than EXECUTIVE’s Base Salary as set forth in
Section 3(a) (i) above . Any such adjustment shall be in the sole discretion of the EMPLOYER and is not guaranteed. 

  

	 	(c)	 EXECUTIVE agrees that the Base Salary and the fringe benefits specifically provided for under this Agreement or
offered to EMPLOYER’S employees generally or to similarly situated employees (the “Fringe Benefits”) are the only compensation to which EXECUTIVE is entitled for his services as an employee of EMPLOYER. 

 

	 	(d)	 EXECUTIVE shall be eligible, but not entitled, to receive discretionary annual cash or other incentive payments
and restricted stock, stock options, and/or other equity-based awards as authorized by the Board of Directors and the Compensation Committee of the Board of Directors. EXECUTIVE shall also be eligible, but not entitled, to participate in such equity
compensation plans as may be approved by the Board of Directors and/or shareholders of EMPLOYER and on such terms as may be authorized by the Board of Directors and/or shareholders, as applicable, in its or their discretion. 

 

	 	(i)	 Timing of Bonus Payment. EXECUTIVE’s bonus, if any, shall be paid to him after the end of
the fiscal year to which it relates, at the time and under the same conditions as other executives of EMPLOYER; provided that any such bonus must be paid to EXECUTIVE not later than April 30 of the year immediately following the fiscal year to
which it relates. 

  

	 	(e)	 EMPLOYER shall reimburse EXECUTIVE for reasonable expenses incurred in the performance of services related to
EMPLOYER’s business, subject to EMPLOYER’s expense reimbursement policies. 

  

	 	(f)	 EXECUTIVE shall be entitled to receive actual mileage reimbursement for use of EXECUTIVE’S automobile
pursuant to the policies of EMPLOYER, as such exist from time to time. 

  
 2 

	 	(g)	 EXECUTIVE shall be entitled to discretionary paid time off for similarly situated employees.

  

	4.	 Termination. 

 

	 	(a)	 EXECUTIVE’s employment under this Agreement may be terminated as follows: 

 

	 	(i)	 By EXECUTIVE: EXECUTIVE may terminate his employment pursuant to this Agreement either: (a) for
Good Reason (as defined below) or (b) at any time and for any reason other than Good Reason upon thirty (30) days’ written notice to EMPLOYER. 

  

	 	(ii)	 By EMPLOYER: EMPLOYER may terminate EXECUTIVE’s employment pursuant to this Agreement either:
(a) upon thirty (30) days’ written notice to EXECUTIVE for any reason or for no reason, (b) at any time for Cause (as defined below), or (c) upon thirty (30) days’ written notice to EXECUTIVE in the event of
EXECUTIVE’s Disability as defined below. 

  

	 	(iii)	 DEATH: EXECUTIVE’s employment pursuant to this Agreement will automatically terminate upon
EXECUTIVE’s death. 

  

	 	(iv)	 EXPIRATION OF TERM. Unless extended pursuant to Section 2, EXECUTIVE’s employment shall cease on
October 15, 2021 (herein referred to as “Term Expiration”). 

 For purposes of clarity, a termination of
EXECUTIVE’s employment pursuant to this Agreement as a result of EXECUTIVE’s Disability or EXECUTIVE’s death shall not be deemed a termination without Cause. 
  

	 	(b)	 “Good Reason” means the satisfaction of all of the following provisions: 

 

	 	(i)	 Without EXECUTIVE’s prior written consent, one or more of the following occurs: (1) a material breach
by EMPLOYER of this Agreement; (2) a decrease (or series of decreases, whether or not related, in the aggregate) in EXECUTIVE’s Base Salary in an amount greater than 10% unless such decrease(s) is/are part of a program affecting all
similarly situated employees of EMPLOYER; (3) EMPLOYER’s ceasing to provide EXECUTIVE benefits available to other similarly situated employees of EMPLOYER; (4) EMPLOYER requires EXECUTIVE to relocate EXECUTIVE’s principal place
of employment to a location greater than 50 miles from EMPLOYER’s principal place of business at 722 Columbia Avenue, Franklin, Tennessee; or (5) EMPLOYER reduces the EXECUTIVE’s authority, duties or responsibilities of employment to
that of a non-executive, non-management level employee (for the purpose of clarity, a change in title or a change in supervisor or reporting authority does not
constitute for “Good Reason”). 

  
 3 

	 	(ii)	 EXECUTIVE gives written notice to EMPLOYER within thirty (30) days of the occurrence of any of the
event(s) listed in Section (4)(b)(i) and EMPLOYER does not cure the issue within thirty (30) days subsequent to its receipt of EXECUTIVE’s written notice. 

 

	 	(iii)	 EXECUTIVE terminates his employment pursuant to this Agreement within thirty (30) days of the expiration
of EMPLOYER’s time to cure. 

  

	 	(c)	 “Cause” means the occurrence of one or more of the following: 

 

	 	(i)	 A breach of this Agreement by EXECUTIVE which, if curable, continues after written notice by EMPLOYER to
EXECUTIVE of the breach and a thirty (30) day opportunity for EXECUTIVE to cure said breach; 

  

	 	(ii)	 Failure by the EXECUTIVE to adhere to any established, written EMPLOYER policy that is applicable to EXECUTIVE
after written notice by EMPLOYER to EXECUTIVE of such failure and a thirty (30) day opportunity for EXECUTIVE to cure; 

  

	 	(iii)	 EXECUTIVE’s excessive absenteeism, other than for illness or with the consent of the Board of Directors,
that continues after written notice by EMPLOYER to EXECUTIVE and a thirty (30) day opportunity for EXECUTIVE to cure; 

  

	 	(iv)	 EXECUTIVE’s repeated failure or refusal to perform his employment duties as reasonably and lawfully
directed by EMPLOYER which continues after written notice by EMPLOYER to EXECUTIVE and a thirty (30) day opportunity for EXECUTIVE to cure; 

  

	 	(v)	 EXECUTIVE’s commission of an act of material dishonesty in connection with EXECUTIVE’s
responsibilities as an employee of Employer; 

  

	 	(vi)	 EXECUTIVE’s conviction of, or entry of a plea of guilty or nolo contendere to, a felony or crime of moral
turpitude; or 

  

	 	(vii)	 EXECUTIVE’s gross misconduct or gross neglect of EXECUTIVE’s duties, which misconduct or neglect is
materially injurious to the EMPLOYER. 

 No termination of EXECUTIVE’s employment shall be considered for
Cause unless and until EMPLOYER delivers to EXECUTIVE a certified copy of a resolution duly adopted by the affirmative vote of the majority of the members of the Board of Directors of EMPLOYER (after reasonable written notice is provided to
EXECUTIVE and EXECUTIVE is given an opportunity, together with counsel, to be heard before the Board of Directors) finding that EXECUTIVE has engaged in conduct, and that there exists Cause to terminate EXECUTIVE’s employment, in each case
as described in any of (i)-(viii) above. 

  
 4 

	 	(d)	 “Disability” means EXECUTIVE’s physical or mental impairment (whether arising from illness,
accident, or otherwise) that both: 

  

	 	(i)	 Substantially limits, even with EMPLOYER’s reasonable accommodation, EXECUTIVE’s ability to perform
the essential functions of his position on a full-time basis, and 

  

	 	(ii)	 At the time the determination is made, is expected to last for a continuous period of at least six calendar
months or an aggregate of six calendar months during any continuous twelve calendar month period. 

  

	5.	 Termination Payments. 

 

	 	(a)	 If EXECUTIVE’s employment pursuant to this Agreement is terminated: 

 

	 	(i)	 By EMPLOYER without Cause, or by EXECUTIVE for Good Reason, or by Term Expiration then
(1) EMPLOYER shall pay EXECUTIVE (or, in the event of EXECUTIVE’s death, EXECUTIVE’s estate, heirs, or designated beneficiaries, as the case may be) [a] his Base Salary through the date of termination, [b] a sum equal to two times the
Base Salary to be paid to EXECUTIVE during his second twelve (12) month period paid out in twenty-four (24) equal monthly installments, and [c] a sum equal to two times his three-year average annual cash incentive payments, paid out in
twenty-four (24) equal monthly installments and (2) all unearned and/or unvested stock options, restricted stock, and other equity awards granted by EMPLOYER to EXECUTIVE shall automatically become earned in full (to the extent not already
earned) and/or shall automatically vest in full (to the extent not already vested), in each case as of the date of termination of EXECUTIVE’s employment, notwithstanding any earning and/or vesting metrics, schedules, or provisions in any other
agreement or plan evidencing, governing, or related to such stock options, restricted stock, or other equity awards. 

  

	 	(1)	 Any payment to EXECUTIVE (or EXECUTIVE’s estate, heirs, or designated beneficiaries, as the case may be)
under this Section shall be contingent upon EXECUTIVE (or EXECUTIVE’s estate, heirs, or designated beneficiaries, as the case may be) and EMPLOYER signing a mutually reasonable separation and release agreement, releasing (to the extent
permitted by applicable law): (a) in the case of the EXECUTIVE any and all claims against EMPLOYER and its Board of Directors, parent company, shareholders, owners, officers, directors, employees, agents, successors and assigns, and insurers, and
(b) in the case of the EMPLOYER, any and all known claims against EXECUTIVE, which mutual release agreement must be executed within sixty (60) days of the date of termination, otherwise the payment shall not vest and shall be forfeited.

  
 5 

	 	(2)	 Any payment owed to EXECUTIVE (or EXECUTIVE’s estate, heirs, or designated beneficiaries, as the case may
be) under this Section shall commence within thirty (30) days of the expiration of the sixty (60) day period in Section 5(a)(i)(1) if EXECUTIVE (or EXECUTIVE’s estate, heirs, or designated beneficiaries, as the case may be)
signed the release provided for in Section 5(a)(i)(1) prior to the expiration of said sixty (60) day period; provided, however, that if such thirty (30) day period begins in one taxable year and ends in the next year, payments shall
not in any event commence until January 1 of the second year. 

  

	 	(ii)	 By EMPLOYER for Cause, or by EXECUTIVE without Good Reason, then EMPLOYER will pay EXECUTIVE his Base
Salary through the date of EXECUTIVE’s termination and no other amounts shall be payable. 

  

	 	(iii)	 By death or Disability, then EMPLOYER will pay EXECUTIVE (or, in the case of EXECUTIVE’s death,
EXECUTIVE’s estate, heirs, or designated beneficiaries, as the case may be) his Base Salary through the end of the next pay period following EXECUTIVE’s termination for death or Disability. (For the purpose of clarity termination by death
or Disability does not entitle the EXECUTIVE to any payments under Section 5(a)(i).) This Section has no effect on any benefits that may be available to EXECUTIVE under any disability policy that may be offered by EMPLOYER.
All unearned and/or unvested stock options, restricted stock, and other equity awards granted by EMPLOYER to EXECUTIVE shall automatically become earned in full (to the extent not already earned) and/or shall automatically vest in full (to the
extent not already vested), in each case upon date of EXECUTIVE’s death or separation due to Disability, notwithstanding any earning and/or vesting metrics, schedules, or provisions in any other agreement or plan evidencing, governing, or
related to such stock options, restricted stock, or other equity awards. 

  

	 	(b)	 EXECUTIVE’s accrual of, or participation in plans providing for, Fringe Benefits will cease upon
EXECUTIVE’s termination of employment for any reason, and EXECUTIVE will be entitled to vested benefits pursuant to, and only as provided in, such plans or Section 5(a)(i). 

 

	 	(c)	 Upon EXECUTIVE’s termination or resignation for any reason, EMPLOYER will reimburse any business expenses
(as referenced in Section 3(e)) incurred on or before the effective date of such termination or resignation. EXECUTIVE must submit to EMPLOYER any such expense for reimbursement within thirty (30) days of the date of his termination or
resignation, and EMPLOYER must pay the reimbursement within thirty (30) days of its receipt of the submittal. 

  
 6 

	 	(d)	 The expiration or termination of the EXECUTIVE’s employment under this Agreement will not terminate or
otherwise affect the rights and obligations set forth in Section 9 and its subparts, which will survive expiration or termination as independent obligations. 

 

	6.	 409A Compliance. This Agreement shall be interpreted, construed, and operated either to be
exempt from the provisions of Internal Revenue Code Section 409A (“409A”), as amended or any successor thereto, or, to the extent subject to 409A, to comply with 409A and any regulations and other guidance thereunder. Nothing in this
Agreement shall provide a basis for EXECUTIVE to take action against EMPLOYER or any affiliate with respect to matters covered by 409A, and in no event shall the EMPLOYER or any of its affiliates be liable for any tax, interest, or penalties that
may be imposed under 409A or any damages for failing to comply with 409A. Each payment made under this Agreement shall be designated as a “separate payment” within the meaning of 409A. References to “termination of employment”
and similar terms used in this Agreement are intended to refer to “separation from service” within the meaning of 409A to the extent necessary to comply with 409A. If Executive is a specified employee (as reasonably determined by EMPLOYER
in accordance with 409A and Treasury Regulations § 1.409A-3(i)(2)) as of EXECUTIVE’s termination of employment with EMPLOYER, and if any payment, benefit, or entitlement provided for in this
Agreement or otherwise both (a) constitutes non-qualified deferred compensation (within the meaning of 409A) and (b) cannot be paid or provided in a manner otherwise provided herein without
subjecting EXECUTIVE to additional tax or interest (or both) under 409A, then any such payment, benefit, or entitlement that is payable during the first six (6) months following the termination of employment shall be paid or provided to
EXECUTIVE in a lump sum payment to be made on the earlier of (x) EXECUTIVE’s death and (y) the first business day of the seventh month immediately following EXECUTIVE’s termination of employment. 

 

	7.	 Section 280G. 

 

	 	(a)	 In the event that any payments or benefits provided or to be provided by EMPLOYER or any affiliate of EMPLOYER
to EXECUTIVE or for EXECUTIVE’s benefit pursuant to the terms of this Agreement or otherwise (“Covered Payments”) constitute “parachute payments” within the meaning of Section 280G of the Internal Revenue Code (or any
successor provision thereto) (“280G”) and would, but for this Section 7, be subject to the excise tax imposed by Section 4999 of the Internal Revenue Code (or any successor provision thereto) or any similar tax imposed by state
or local law or any interest or penalties with respect to such taxes (collectively, the “Excise Tax”), then prior to making the Covered Payments the parties will, to the extent practicable and reasonable, take such action and execute such
documents as may be necessary to ensure that none of the Covered Payments will constitute “parachute payments” within the meaning of 280G, and in the event (but only in the event) it is not practicable and reasonable to take such action
and execute such documents or it is not reasonably possible to ensure that none of the Covered Payments will constitute “parachute payments” within the meaning of 280G, then a calculation shall be made comparing (i) the Net Benefit
(as defined below) to EXECUTIVE of the Covered Payments after payment of the 

  
 7 

	 	
Excise Tax to (ii) the Net Benefit to EXECUTIVE if the Covered Payments are reduced to the extent necessary to avoid being subject to the Excise Tax. Only if the amount calculated under
clause (i) above is less than the amount calculated under clause (ii) above will the Covered Payments be reduced to the minimum extent necessary to ensure that no portion of the Covered Payments is subject to the Excise Tax. The term
“Net Benefit” shall mean the present value of the Covered Payments net of all federal, state, local, foreign income, employment, and excise taxes. Any reduction made pursuant to this Section 7 shall be made in a manner determined by
EMPLOYER that is consistent with the requirements of 409A. 

  

	 	(b)	 All determinations and calculations required under this Section 7, including any determination of whether
any payments or benefits constitute “parachute payments,” shall be made by an independent accounting firm or independent tax counsel selected by mutual agreement of EMPLOYER and EXECUTIVE (the “Tax Advisor”), and the
determinations and calculations of the Tax Advisor shall be conclusive and binding on EMPLOYER and EXECUTIVE for all purposes. For purposes of making the determinations and calculations required by this Section 7, the Tax Advisor may rely on
reasonable, good faith assumptions and approximations concerning the application of 280G and Section 4999 of the Internal Revenue Code. EMPLOYER and EXECUTIVE shall furnish the Tax Advisor with such information and documents as the Tax Advisor
may reasonably request in order to make its determinations and calculations under this Section 7. EMPLOYER shall bear all costs and expenses of the Tax Advisor. 

 

	8.	 Withholding. All payments under this Agreement shall be subject to applicable tax
withholding, and EMPLOYER shall withhold from any payments under this Agreement all federal, state, and local taxes as the EMPLOYER is required to withhold pursuant to applicable law, and shall timely remit such withheld taxes to the appropriate
governmental authority. EXECUTIVE shall bear all expenses of, and shall be solely responsible for, all federal, state, and local taxes due with respect to any payment received under this Agreement. 

 

	9.	 Confidential Information and Return of Property. 

 

	 	(a)	 For the purposes of this Agreement, “Confidential Information” means: 

 

	 	(i)	 All documents and information relating to the business of EMPLOYER, including without limitation technical or
nontechnical data, programs, methods, techniques, processes, financial data, financial information, financial plans, financial projections, product plans, personnel data, price lists, and lists of actual or potential customers, that are not
generally known to the public or competitors of EMPLOYER, regardless of whether such information is separately protectable at law or in equity as a trade secret. 

 

	 	(ii)	 All non-public information, reports and other written documentation and
financial information obtained by EXECUTIVE about any customer of EMPLOYER during EXECUTIVE’s tenure with EMPLOYER. 

  
 8 

	 	(b)	 For purposes of this Section, “termination of EXECUTIVE’s employment” and any similar phrase
shall mean termination or cessation of EXECUTIVE’s employment with EMPLOYER for any reason whatsoever, regardless of whether the termination of employment is instituted by EXECUTIVE or EMPLOYER and regardless of whether the termination is for
Cause or with Good Reason or as a result of Disability or death. 

  

	 	(c)	 EXECUTIVE agrees that he will not, other than in performance of his duties for the EMPLOYER, disclose or
divulge to any other person or entity, or use or exploit for his own benefit or for the benefit of any other person or entity, any Confidential Information of EMPLOYER for so long as such Confidential Information remains confidential. This
prohibition shall apply both during EXECUTIVE’s employment and after termination of that employment, but only so long as such Confidential Information remains confidential. 

 

	 	(d)	 EXECUTIVE acknowledges and agrees that EMPLOYER has developed its Confidential Information through great
effort, time, and expense and has taken reasonable steps to maintain the confidentiality of such information. EXECUTIVE acknowledges and agrees that EMPLOYER’s Confidential Information is necessary for EMPLOYER to compete with its competitors,
has value to EMPLOYER, and is not generally known to the public or competitors of EMPLOYER. 

  

	 	(e)	 EXECUTIVE further acknowledges and agrees that the prohibitions against disclosure and use of Confidential
Information recited herein are in addition to, and not in lieu of, any other rights or remedies that EMPLOYER may have available pursuant to the laws of the State of Tennessee to prevent the disclosure of trade secrets or other confidential or
proprietary information, including but not limited to the Tennessee Uniform Trade Secrets Act, Tenn. Code Ann. § 47–25–1701, et. seq. 

  

	 	(f)	 At the time of EXECUTIVE’s termination or upon demand by EMPLOYER (whichever is sooner), EXECUTIVE shall
promptly turn over to EMPLOYER all files, documents, business records, and computer programs of EMPLOYER; any lists of customers and/or prospective customers; promotional materials and reports; employee, independent contractor, and potential
employee or independent contractor names and addresses; marketing information; contracts with customers, subcontractors, and others; customer correspondence; resumes of existing and potential employees and independent contractors; customer bids and
proposals; books and records of EMPLOYER or EMPLOYER customer; customer systems documentation; information concerning talents and capabilities of customer personnel; other Confidential Information not listed herein; any other records, documents, and
writings of any kind whatsoever of EMPLOYER or any EMPLOYER customer obtained during the course of EXECUTIVE’s employment; and all assets and property of any kind whatsoever that belong to EMPLOYER or any EMPLOYER customer. Further, EXECUTIVE
shall not copy or record in any manner whatsoever the information contained in the foregoing materials, shall not erase or destroy the information contained in the foregoing materials, and shall turn over to EMPLOYER all copies or recordings of any
kind whatsoever containing information derived directly or indirectly from the aforementioned materials. 

  
 9 

	10.	 Defend Trade Secrets Act of 2016 Notice. EXECUTIVE is hereby notified in accordance with
the Defend Trade Secrets Act of 2016 that EXECUTIVE will not be held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret that: (a) is made (i) in confidence to a federal, state, or
local government official, either directly or indirectly, or to an attorney; and (ii) solely for the purpose of reporting or investigating a suspected violation of law; or (b) is made in a complaint or other document that is filed under
seal in a lawsuit or other proceeding. EXECUTIVE is further notified that if EXECUTIVE files a lawsuit for retaliation by EMPLOYER for reporting a suspected violation of law, EXECUTIVE may disclose EMPLOYER’s trade secrets to EXECUTIVE’s
attorney and use the trade secret information in the court proceeding if EXECUTIVE: (a) files any document containing the trade secret under seal; and (b) does not disclose the trade secret, except pursuant to court order.

  

	11.	 Corporate Opportunity. During EXECUTIVE’s employment, EXECUTIVE shall submit to
EMPLOYER all business, commercial and investment opportunities or offers presented to EXECUTIVE which relate to EMPLOYER’s business any time during EXECUTIVE’s employment (“Corporate Opportunities”). Unless approved by
EMPLOYER, EXECUTIVE shall not accept or pursue, directly or indirectly, any Corporate Opportunities on EXECUTIVE’s own behalf or on behalf of any third party. 

 

	12.	 Vesting of Equity Awards Upon Change In Control. In the event of a Change In Control (as
such term is defined in the Franklin Financial Network, Inc. Amended and Restated 2017 Omnibus Equity Incentive Plan), all unearned and/or unvested stock options, restricted stock, and other equity awards granted by EMPLOYER to EXECUTIVE shall
immediately and automatically become earned in full (to the extent not already earned) and/or shall automatically vest in full (to the extent not already vested), notwithstanding any earning and/or vesting metrics, schedules, or provisions in any
other agreement or plan evidencing, governing, or related to such stock options, restricted stock, or other equity awards. 

  

	13.	 Forum Selection. Any dispute, controversy or claim arising out of, in connection with, or
relating to this Agreement shall be brought exclusively in a federal district court located in the Middle District of Tennessee, Nashville division or, if its subject matter jurisdiction requirements are not met, the state courts located in or for
Williamson County, Tennessee. Each party hereby unconditionally and irrevocably consents to the jurisdiction of such courts and waives its rights to bring any action or proceeding against the other party except in such courts. 

 

	14.	 Governing Law. This Agreement, and the application or interpretation of this Agreement,
shall be governed by and construed in accordance with the laws of the State of Tennessee, without regard to conflict of laws principles. 

  

	15.	 Remedies. In addition to all of the remedies otherwise available to EMPLOYER, including
recovery from EXECUTIVE of monetary damages, EMPLOYER shall have the 

  
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right to seek injunctive relief to restrain and enjoin any actual or threatened breach of the provisions of this Agreement and the right to seek other equitable relief. All of EMPLOYER’s
remedies for breach of this Agreement shall be cumulative and the pursuit of one remedy shall not be deemed to exclude any other remedies. EXECUTIVE agrees and consents that EMPLOYER shall be entitled to injunctive relief, both preliminary and
permanent, without bond or other security. 

  

	16.	 Entire Agreement. This Agreement and the
Non-Compete and Non-Solicitation Agreement between EMPLOYER and EXECUTIVE of even date herewith (the “Non-Compete
Agreement”) constitute the entire agreement between EMPLOYER and EXECUTIVE with respect to the subject matter hereof and thereof and supersede all prior or contemporaneous oral or written agreements concerning EXECUTIVE’s employment with
EMPLOYER. 

  

	17.	 Modification. This Agreement may not be modified or amended except by a written instrument
setting forth such modification or amendment which is signed by the parties and specifically states that it modifies or amends this Agreement. 

  

	18.	 Non-Waiver. Any failure by a party at any time or
from time to time to enforce or require strict compliance with any term or condition of this Agreement will not constitute a waiver of such term or condition. No waiver will be enforceable unless embodied in a written instrument signed by the party
charged with the waiver. 

  

	19.	 Severability. This Agreement is severable, such that the invalidity of any term of this
Agreement shall not affect the validity of any other term. Any invalid term shall be subject to partial enforcement to the maximum extent permitted under applicable law. 

 

	20.	 Assignment; Binding Nature. EXECUTIVE may not assign, transfer, or delegate any of
EXECUTIVE’s rights or obligations under this Agreement except with the prior written consent of EMPLOYER. EMPLOYER may not assign, transfer, or delegate any of EMPLOYER’s rights or obligations under this Agreement without the prior written
consent of EXECUTIVE, except only that EMPLOYER may, without the consent of EXECUTIVE, assign, transfer, or delegate EMPLOYER’s rights or obligations under this Agreement to any successor or assign (whether direct or indirect, by purchase,
merger, consolidation, or otherwise) to all or substantially all of the business or assets of EMPLOYER. This Agreement is binding upon each of the parties and his/its legal representatives, heirs, devisees, legatees, or other successors and assigns,
and inures to the benefit of each of the parties and his/its permitted legal representatives, heirs, devisees, legatees, or other permitted successors and assigns (and thus a non-permitted successor or assign
acquires no rights from the purported assignment). 

  

	21.	 Miscellaneous. 

 

	 	(a)	 Representation by Counsel. EXECUTIVE represents and warrants that he has been advised by EMPLOYER to
retain legal counsel in connection with the preparation, negotiation, and execution of this Agreement, and that he has had adequate opportunity to do so. 

  
 11 

	 	(b)	 Notices. Any notice required under this Agreement (including notices relating to EXECUTIVE’s
termination or resignation and notices of breaches or potential breaches of this Agreement) must be in writing and must be given either in person or by nationally recognized next business day delivery service electing, and being timely delivered
for, next day business service, postage and any other costs prepaid, to the address of EMPLOYER as set forth below its signature line on the signature page to this Agreement (in the event of notice given by EXECUTIVE to EMPLOYER) or to the most
recent mailing address for EXECUTIVE appearing in the records of EMPLOYER (in the event of notice given by EMPLOYER to EXECUTIVE), or to such other address as a party may furnish to the other. All notices required under this Agreement will be deemed
received only upon actual receipt. 

  

	 	(c)	 Certain General Definitions. For purposes of this Agreement (and whether or not capitalized or
underlined): (i) “applicable law” means each provision of any constitution, statute, law, ordinance, code, rule, regulation, decision, order, decree, judgment, or other official pronouncement of any governmental authority; (ii)
“governmental authority” means any legislative, executive, judicial, quasi-judicial or other public authority, agency, department, bureau, division, unit, court or body; (iii) “parties” means each or all, as appropriate, of the
persons who have executed and delivered this Agreement, and each defined term referring to a party also refers to each permitted successor or assign of such a party, and when appropriate to effect the binding nature of this Agreement for the benefit
of another party any other successor or assign of such a party; and (iv) “person” means any individual, sole proprietorship, partnership, joint venture, corporation, estate, trust, unincorporated organization, association, limited
liability company, institution or other entity, including any that is a governmental authority. 

  

	 	(d)	 Certain Rules of Construction. For purposes of this Agreement: (i) “including” and any other
words or phrases of inclusion will not be construed as terms of limitation, so that references to “included” matters will be regarded as non-exclusive, non-characterizing illustrations;
(ii) titles and captions of or in this Agreement are inserted only as a matter of convenience and in no way define, limit, extend, or describe the scope of this Agreement or the intent of any of its provisions; (iii) whenever the context
requires, the singular includes the plural and the plural includes the singular, and the gender of any pronoun includes the other genders; and (iv) acknowledging that the parties have participated jointly in the negotiation and drafting of this
Agreement, if an ambiguity or question of intent or interpretation arises as to any provision in this Agreement, then the provision will be construed as if drafted jointly by the parties and no presumption or burden of proof will arise favoring or
disfavoring any party by virtue of the authorship of any provision of this Agreement. 

  

	 	(e)	 Counterparts. This Agreement may be executed in one or more counterparts, by original signature or
facsimile, each of which shall be deemed an original and all of which taken together shall constitute one and the same instrument which is binding on all the parties, regardless whether all or some of the parties are signatories to the original or
to a counterpart. 

  
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	 	(f)	 Supercedes Any Other Employment Agreement. This Agreement supercedes any existing employment agreement
or change of control agreement between the EXECUTIVE and EMPLOYER. 

  

	 	(g)	 Clawback. Notwithstanding anything in this Agreement to the contrary, the EMPLOYER retains the legal
right to demand the return of any payments made to the EXECUTIVE under this Agreement (i) to the extent required by applicable law, or by any federal or state regulators of the EMPLOYER, or (ii) to the extent required by the Non-Compete Agreement. 

  

	 	(h)	 WAIVER OF JURY TRIAL. THE PARTIES IRREVOCABLY AND UNCONDITIONALLY WAIVE ANY RIGHT THEY MAY HAVE TO A
TRIAL BY JURY WITH RESPECT TO ANY LEGAL ACTION ARISING OUT OF OR RELATING TO A DISPUTE UNDER THIS AGREEMENT. EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (I) NEITHER SUCH PARTY NOR, IN THE CASE OF EMPLOYER, ANY OF ITS REPRESENTATIVES HAS
REPRESENTED, EXPRESSLY OR OTHERWISE, THAT IT WOULD NOT SEEK TO ENFORCE THE FOREGOING WAIVER IN THE EVENT OF A LEGAL ACTION, (II) SUCH PARTY HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER, AND (III) SUCH PARTY MAKES THIS WAVIER VOLUNTARILY.

  

	 	(i)	 Survival. Upon the expiration or other termination of this Agreement, the respective rights and
obligations of the parties shall survive such expiration or other termination to the extent necessary to carry out the intentions of the parties under this Agreement. 

 

	 	(j)	 Non-Disparagement. EMPLOYER and EXECUTIVE agree that upon
termination of this Agreement, unless required by law, court order, or a regulatory agency order or directive or in a deposition in a pending court case or agency action, (i) neither EMPLOYER nor its directors, officers, or employees shall
disparage the EXECUTIVE or say or do anything that would reasonably be expected to have the effect of diminishing the reputation of the EXECUTIVE and (ii) EXECUTIVE shall not disparage EMPLOYER and shall not say or do anything that would
reasonably be expected to have the effect of diminishing the reputation of EMPLOYER or its affiliates, officers, directors, or employees. 

  

	 	(k)	 Attorney Fees. The parties hereto agree that in the event of litigation involving or arising out of this
Agreement, the prevailing party in such litigation shall be entitled to recover from the non-prevailing party in such litigation an amount equal to its attorney fees, court costs, and expenses related to such
litigation. 

 [Signatures on next page] 

  
 13 

 DULY EXECUTED and delivered by EXECUTIVE and EMPLOYER as of the Effective Date. 

 

							
	 EXECUTIVE:
	 		 	 /s/ J. Myers Jones, III

		 		 	J. Myers Jones, III
			
	 EMPLOYER:
	 		 	FRANKLIN SYNERGY BANK
				
		 		 	By:	 	 /s/ Lee M. Moss

		 		 	Name:	 	Lee M. Moss
		 		 	Title:	 	President
			
		 		 	Address:
			
		 		 	722 Columbia Avenue
		 		 	Franklin, TN 37064
			
		 		 	Copy to:
			
		 		 	Jan Carlson, Human Resources Manager
			
	 EMPLOYER:
	 		 	FRANKLIN FINANCIAL NETWORK, INC.
				
		 		 	By:	 	 /s/ Lee M. Moss

		 		 	Name:	 	Lee M. Moss
		 		 	Title:	 	President
			
		 		 	Address:
			
		 		 	722 Columbia Avenue
		 		 	Franklin, TN 37064
			
		 		 	Copy to:
			
		 		 	Jan Carlson, Human Resources Manager

  
 14

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