Document:

Severance Benefit Plan effective as of February 1, 2005

 Exhibit 10.12 
 THERMAGE, INC. 
 SEVERANCE BENEFIT PLAN 
 SECTION 1. INTRODUCTION. 
 The Thermage, Inc.
Severance Benefit Plan (the “Plan”) was established effective February 1, 2005. The purpose of the Plan is to provide for the payment of severance benefits to certain eligible employees of Thermage, Inc. and its wholly owned
subsidiaries located in the United States (the “Company”) whose employment with the Company is involuntarily terminated. Except as otherwise set forth herein, this Plan shall supersede any severance benefit plan, policy or practice
previously maintained by the Company. This Plan document also is the Summary Plan Description for the Plan. 
 SECTION 2. ELIGIBILITY FOR BENEFITS.

 (a) General Rules. Subject to the requirements set forth in this Section, the Company will grant severance benefits under the
Plan to Eligible Employees. 
 (i) “Eligible Employees” are all full-time regular employees, whose employment with the
Company is involuntarily terminated due to (1) a corporate reorganization, (2) the closure or reorganization of a facility or operation or, (3) a reduction in staff and who have been selected for participation in this Plan by the
Company’s Chief Executive Officer. The determination as to whether such an event has occurred shall be made by the Company, in its sole discretion. 
 (ii) In order to be eligible to receive benefits under the Plan, an Eligible Employee must remain on the job until his or her date of termination as scheduled by the Company. 
 (iii) In order to be eligible to receive benefits and payment under the Plan, an Eligible Employee must execute a general waiver and release of claims
in favor of the Company in the form attached hereto, and file it with the person, and within the time period, the Plan Administrator prescribes. 
 (b) Exceptions. An employee who otherwise is an Eligible Employee will not receive benefits under the Plan in any of the following circumstances: 
 (i) The employee has executed an individually negotiated employment contract of agreement with the Company relating to severance benefits that is in effect on his or her termination date. Such employee’s
severance benefit, if any, shall be governed by the terms of such individually negotiated employment contract or agreement, subject to Subsection 3(e) of this Plan. 
 (ii) The employee is involuntarily terminated for any reason other than a corporate reorganization, the closure of a facility or operation, the reorganization of a facility or operation or a reduction in staff.

 (iii) The employee voluntarily terminates employment with the Company. Voluntary terminations include,
but are not limited to, resignation, retirement, death, disability, refusal to relocate to a new job location at the request of the Company, or failure to return from a leave of absence on the scheduled date. 
 (iv) The employee voluntarily or involuntarily terminates employment with the Company in order to accept employment with another entity that is wholly or
partly owned (directly or indirectly) by the Company or the parent or other affiliate of the Company. 
 (v) The employee is offered
immediate reemployment following a change in ownership of the Company by the successor to the Company in an identical or substantially similar position in terms of job responsibilities or functions at pay equal to or greater than the employee’s
pay (as defined in Subsection 3(b), below). For purposes of this provision, “immediate reemployment” means that the employee’s employment with the successor to the Company results in uninterrupted employment such that the employee
does not suffer a lapse in pay as a result of the change in ownership of the Company. 
 (vi) The employee dies before receiving any or all
of the benefits payable under the Plan. 
 (c ) Termination of Benefits. Benefits under this Plan shall terminate immediately if you,
at any time, violate any proprietary information or confidentiality obligation to the Company. 
 SECTION 3. AMOUNT OF BENEFIT. 
 (a) Severance benefits payable under the Plan are as set forth on the attached Schedule of Benefits for Eligible Employees. 
 (b) For purposes of calculating Plan benefits, “Pay” shall mean the Eligible Employee’s base pay (excluding overtime, bonuses, draws,
commissions, and any other forms of additional compensation), at the rate in effect during the last regularly scheduled payroll period immediately preceding the Eligible Employee’s termination date. 
 (c) For purposes of calculating Plan benefits, “Year of Service” means twelve (12) consecutive months of employment with the Company
during which the employee is in active status in a regularly paid position of the Company. Severance pay will be prorated for any portion of a Year of Service. This period will be measured from the employee’s most recent date of hire. An
eligible employee’s service will be rounded up or down into full year increments for service more or less than six months. If the employee is on disability leave of absence or other leave of absence at any time, the severance pay to be paid to
the employee shall be determined by the Plan Administrator in his or her sole and absolute discretion. 
  

 2 

 (d) Notwithstanding any other provision of the Plan to the contrary, the total severance payments to any
Eligible Employee under this Plan shall not exceed two times the Eligible Employee’s annual compensation earned during the calendar year immediately preceding the Eligible Employee’s termination of employment (calculated on an annualized
basis). 
 (e) Notwithstanding any other provision of the Plan to the contrary, any benefits payable to an Eligible Employee under this Plan
shall be offset, to the maximum extent permitted by law, by any severance benefits payable by the Company to such individual (i) under any other arrangement covering the individual or (ii) as may be required to be paid by the Company by
applicable law. 
 (f) When an eligible employee’s termination is deemed to be covered by the WARN Act (or other similar plant closing
law), the benefit payable under the plan shall be reduced (but not below zero) by an amount equal to sixty (60) days pay. 
 (g) The
Plan Administrator may, as it deems appropriate and in its sole and absolute discretion, modify the method of calculating severance benefits or authorize severance benefits in an amount different from the amounts otherwise payable under the Plan.

 (h) The Company will withhold taxes and all other applicable payroll deductions from any severance payment. 
 SECTION 4. TIME OF PAYMENT AND FORM OF BENEFIT. 
 The
Company reserves the right to determine whether the severance benefits under the Plan will be paid in a single sum or in installments and to choose the timing of such payments, provided, however, that all payments under this Plan will be completed
within twenty-four (24) months of an Eligible Employee’s termination date. In no event shall payment of any Plan benefit be made prior to the Eligible Employee’s termination date or before a signed Severance and Release Agreement has
been executed by both parties. 
 SECTION 5. RIGHT TO INTERPRET PLAN, AMEND AND TERMINATE. 
 (a) Exclusive Discretion. The Plan Administrator shall have the exclusive discretion and authority to establish rules, forms, and procedures for
the administration of the Plan, and to construe and interpret the Plan and to decide any and all questions of fact, interpretation, definition, computation or administration arising in connection with the operation of the Plan, including, but not
limited to, the eligibility to participate in the Plan and amount of benefits payable under the Plan. The rules, interpretations, computations and other actions of the Plan Administrator shall be binding and conclusive on all persons. 
 (b) Amendment or Termination. The Company reserves the right to amend or discontinue the Plan or the benefits provided by the Plan at any time and
for any 

  

 3 

 
reason; however, no such amendment or termination shall affect the right of an Eligible Employee to receive any unpaid benefit of any Eligible Employee whose
termination date occurred prior to amendment or termination of the Plan. Any action amending or terminating the Plan shall be in writing and executed by the Company’s Chief Executive Officer who is hereby delegated the authority to take any
such action. 
 (c) Assignment. This Plan will be binding upon any successor of the Company. Any such successor of the Company will be
deemed substituted for the Company under the terms of this Plan for all purposes. For this purpose, “successor” means any person, firm, corporation or other business entity which at any time, whether by purchase, merger or otherwise,
directly or indirectly acquires all or substantially all of the assets or business of the Company. 
 SECTION 6. CONTINUATION OF EMPLOYMENT BENEFITS.

 (a) COBRA Continuation. Each Eligible Employee who is enrolled in a health plan sponsored by the Company may be eligible to
continue coverage under the health plan (or to convert to an individual policy), at the time of the Eligible Employee’s termination of employment under the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”).
The Company will notify the individual of any such right to continue health coverage. 
 (b) Other Employee Benefits. All non-health
benefits (such as life insurance and disability coverage) terminate as of the employee’s termination date. 
 SECTION 7. GOLDEN PARACHUTE EXCISE TAX
AND NON- DEDUCTIBILITY LIMITATIONS 
 (a) Benefits Cap. In the event that the benefits under this Plan, when aggregated with any other
payments or benefits received by an Eligible Employee or to be received by an Eligible Employee, would (i) constitute “parachute payments” within the meaning of ‘Section 280G of the Code, and (ii) but for this provision,
would be subject to the excise tax imposed by Section 4999 of the Code or any similar or successor provision, then the Eligible Employee’s Plan benefits shall be reduced to such lesser amount or degree as would result in no portion of such
benefits being subject to the excise tax under Section 4999 of the Code. 
 (b) Determination. Any determination required under this
Section shall be made by the Company or its delegate, whose determination shall be conclusive and binding upon the Eligible Employee and the Company for all purposes. For purposes of making the calculations required by this Article, the Company may
make reasonable assumptions and approximations concerning applicable taxes and may rely on reasonable, good faith interpretations concerning the application of Sections 280G and 4999 of the Code. The Company and the Eligible Employee shall furnish
such information and documents in order to make a determination under this Article. 
  

 4 

 SECTION 8. NO IMPLIED EMPLOYMENT CONTRACT. 
 The Plan shall not be deemed (i) to give any employee or other person any right to be retained in the employ of the Company or (ii) to interfere
with the right of the Company to discharge any employee or other person at any time and for any reason, with or without notice. 
 SECTION 9. LEGAL
CONSTRUCTION. 
 This Plan is intended to be governed by and shall be construed in accordance with the Employee Retirement income Security
Act of 1974 (“ERISA”) and, to the extent not preempted by ERISA, the laws of the State of California. 
 SECTION 10. CLAIMS, INQUIRIES AND
APPEALS. 
 (a) Applications for Benefits and Inquiries. Any application for benefits, inquiries about the Plan or inquiries about
present or future rights under the Plan must be submitted to the Plan Administrator in writing. The Plan Administrator’s address is: 
 Human Resources Department 
 Thermage, Inc. 
 25881 Industrial Blvd. 
 Hayward, CA 94545 
 (b) Denial of Claims. In the event that any application for benefits is denied in whole or in part, the Plan Administrator must notify the
applicant, in writing, of the denial of the application, and of the applicant’s right to review the denial. The written notice of denial will be set forth in a manner designed to be understood by the employee, and will include specific reasons
for the denial, specific references to the Plan provision upon which the denial is based, a description of any information or material that the Plan Administrator needs to complete the review and an explanation of the Plan’s review procedure.

 This written notice will be given to the employee within 90 days after the Plan Administrator receives the application, unless special
circumstances require an extension of time, in which case, the Plan Administrator has up to an additional 90 days for processing the application. If an extension of time for processing is required, written notice of the extension will be furnished
to the applicant before the end of the initial 90-day period. 
 This notice of extension will describe the special circumstances
necessitating the additional time and the date by which the Plan Administrator is to render its decision on the application. If written notice of denial of the application for benefits is not furnished within the specified time, the application
shall be deemed to be denied. The applicant will then be permitted to appeal the denial in accordance with the Review Procedure described below. 
  

 5 

 (c) Request for a Review. Any person (or that person’s authorized representative) for whom an
application for benefits is denied (or deemed denied), in whole or in part, may appeal the denial by submitting a request for a review to the Plan Administrator within 60 days after the application is denied (or deemed denied). The Plan
Administrator will give the applicant (or his or her representative) an opportunity to review pertinent documents in preparing a request for a review. A request for a review shall be in writing and shall be addressed to: 
 Human Resources Department 
 Thermage, Inc. 
 25881 Industrial Blvd. 
 Hayward, CA 94545 
 A request for review must set forth all of the grounds on which it is based, all facts in support
of the request and any other matters that the applicant feels are pertinent. The Plan Administrator may require the applicant to submit additional facts, documents or other material as it may find necessary or appropriate in making its review.

 (d) Decision on Review. The Plan Administrator will act on each request for review within 60 days after receipt of the request,
unless special circumstances require an extension of time (not to exceed an additional 60 days), for processing the request for a review. If an extension for review is required, written notice of the extension will be furnished to the applicant
within the initial 60-day period. The Plan Administrator will give prompt, written notice of its decision to the applicant. In the event that the Plan Administrator confirms the denial of the application for benefits in whole or in part, the notice
will outline, in a manner calculated to be understood by the applicant, the specific Plan provisions upon which the decision is based. If written notice of the Plan Administrator’s decision is not given to the applicant within the time
prescribed in this Subsection (d), the application will be deemed denied on review. 
 (e) Rules and Procedures. The Plan
Administrator will establish rules and procedures, consistent with the Plan and with ERISA, as necessary and appropriate in carrying out its responsibilities in reviewing benefit claims. The Plan Administrator may require an applicant who wishes to
submit additional information in connection with an appeal from the denial (or deemed denial) of benefits to do so at the applicant’s own expense. 
 (f) Exhaustion of Remedies. No legal action for benefits under the Plan may be brought until the claimant (i) has submitted a written application for benefits in accordance with the procedures described by
Subsection 10(a) above, (ii) has been notified by the Plan Administrator that the application is denied (or the application is deemed denied due to the Plan Administrator’s failure to act on it within the established time period),
(iii) has filed a written request for a review of the application in accordance with the appeal procedure described in Subsection 10(c) above and (iv) has been notified in writing that the Plan Administrator has denied the appeal (or the
appeal is deemed to be denied due to the Plan Administrator’s failure to take any action on the claim within the time prescribed by Subsection 10(d) above). 
  

 6 

 SECTION 11. BASIS OF PAYMENTS TO AND FROM PLAN. 
 All benefits under the Plan shall be paid by the Company. The Plan shall be unfunded, and benefits hereunder shall be paid only from the general assets of
the Company. The benefits provided under this Plan are not assignable. 
 SECTION 12. OTHER PLAN INFORMATION. 
 (a) Employer and Plan Identification Numbers. The Employer Identification Number assigned to the Company (which is the “Plan Sponsor” as
that term is used in ERISA) by the Internal Revenue Service is 68-0373593. The Plan Number assigned to the Plan by the Plan Sponsor pursuant to the instructions of the Internal Revenue Service is 510. 
 (b) Ending Date for Plan’s Fiscal Year. The date of the end of the fiscal year for the purpose of maintaining the Plan’s records is
December 31. 
 (c) Agent for the Service of Legal Process. The agent for the service of legal process with respect to the Plan
is: 
 Chief Executive Officer 
 Thermage, Inc. 
 25881 Industrial Blvd. 
 Hayward, CA 94545 
 (d) Plan Sponsor and Administrator. The “Plan Sponsor” and the
“Plan Administrator” of the Plan is: 
 Director of Human Resources 
 Thermage, Inc. 
 25881 Industrial Blvd. 
 Hayward, CA 94545 
 The Plan Sponsor
and Plan Administrator’s telephone number is 510-782-2286. The Plan Administrator is the named fiduciary charged with the responsibility for administering the Plan. 
 SECTION 13. STATEMENT OF ERISA RIGHTS. 
 Participants in this Plan (which is a welfare benefit plan
sponsored by Thermage, Inc. are entitled to certain rights and protections under ERISA. If you are an Eligible Employee, you are considered a participant in the Plan and, under ERISA, you are entitled to: 
  

 7 

 Receive Information About Your Plan and Benefits 
 Examine, without charge, at the plan administrator’s office and at other specified locations, such as worksites and union halls, all documents
governing the plan, including insurance contracts and collective bargaining agreements, and a copy of the latest annual report (Form 5500 Series, if applicable) filed by the plan with the U.S. Department of Labor and available at the Public
Disclosure Room of the Pension and Welfare Benefit Administration. 
 Obtain, upon written request to the Plan Administrator, copies of
documents governing the operation of the plan, including insurance contracts and collective bargaining agreements, and copies of the latest annual report (Form 5500 Series, if applicable) and updated summary plan description. The Plan Administrator
may make a reasonable charge for the copies. 
 Receive a summary of the plan’s annual financial report, if applicable. The Plan
Administrator is required by law to furnish each participant with a copy of this summary annual report. 
 Prudent Actions by Plan
Fiduciaries 
 In addition to creating rights for plan participants ERISA imposes duties upon the people who are responsible for the
operation of the employee benefit plan. The people who operate your plan, called “fiduciaries” of the plan, have a duty to do so prudently and in the interest of you and other plan participants and beneficiaries. No one, including your
employer, your union, or any other person, may fire you or otherwise discriminate against you in any way to prevent you from obtaining a welfare benefit or exercising your rights under ERISA. 
 Enforce Your Rights 
 If your claim
for a welfare benefit is denied or ignored, in whole or in part, you have a right to know why this was done, to obtain copies of documents relating to the decision without charge, and to appeal any denial, all within certain time schedules.

 Under ERISA, there are steps you can take to enforce the above rights. For instance, if you request a copy of plan documents or the latest
annual report from the plan and do not receive them within 30 days, you may file suit in a Federal court. In such a case, the court may require the plan administrator to provide the materials and pay you up to $110 a day until you receive the
materials, unless the materials were not sent because of reasons beyond the control of the administrator. If you have a claim for benefits that is denied or ignored, in whole or in part, you may file suit in a state or Federal court. The court will
decide who should pay court costs and legal fees. If you are successful, the court may order the person you have sued to pay these costs and fees. If you lose, the court may order you to pay these costs and fees, for example, if it finds your claim
is frivolous. 
  

 8 

 Assistance with Your Questions 
 If you have any questions about your plan, you should contact the Plan Administrator. If you have any questions about this statement or about your rights
under ERISA, or if you need assistance in obtaining documents from the plan administrator, you should contact the nearest office of the Pension and Welfare Benefits Administration, U.S. Department of Labor, listed in your telephone directory or the
Division of Technical Assistance and Inquiries, Pension and Welfare Benefits Administration, U.S. Department of Labor, 200 Constitution Avenue N.W., Washington, D.C. 20210. You may also obtain certain publications about your rights and
responsibilities under ERISA by calling the publications hotline of the Pension and Welfare Benefits Administration. 
 SECTION 14. EXECUTION.

 To record the adoption of the Plan as set forth herein, effective as of February 1, 2005, Thermage, Inc. has caused its duly
authorized officer to execute the same this August 9, 2006. 
  

			
	 Thermage, Inc.
 25881 Industrial
Blvd.
 Hayward, CA 94545

		
	By:	 	 /s/ Stephen J. Fanning

	Title:	 	 President and Chief Executive Officer

 Attachments: 
 Additional Plan Information 
 Schedule of Benefits 
  

 9 

 ADDITIONAL PLAN INFORMATION 
  

			
	Name of Plan:	  	Thermage, Inc. Severance Plan
	Company Sponsoring Plan:	  	Thermage, Inc.
		  	25881 Industrial Blvd.
		  	Hayward, CA 94545
	Employer Identification Number:	  	68-0373593
	Plan Number:	  	510
	Plan Year:	  	January 1 through December 31
	Plan Administrator:	  	Thermage, Inc.
		  	25881 Industrial Blvd.
		  	Hayward, CA 94545
		  	Agent for Service of
	Legal Process:	  	Chief Executive Officer
	Type of Plan:	  	Severance Plan/Employee Welfare Benefit Plan
	Plan Costs:	  	The cost of the Plan is paid by Thermage, Inc.

 Thermage, Inc. 
 Severance Benefit Plan 
 Schedule of Benefits for Eligible Employees 
 Each Eligible Employee who is entitled to severance benefits under the terms of the Plan will receive the following, based on their position in the Company on the
effective date of their Termination: 
 Vice President 
 Twelve (12) weeks of Pay, regardless of length of service. 
 Three (3) months of COBRA coverage for
medical, dental and vision insurance. 
 Three months of outplacement services, to be arranged by and at the discretion of the Company.

 Senior Director and Director-level: 
 Four (4) weeks of Pay plus (2) weeks of Pay for each full Year of Service with the Company, with a minimum of six (6) weeks severance pay and up to a maximum of ten (10) weeks severance pay. 
 Three (3) months of COBRA coverage for medical, dental and vision insurance. 
 Below Director-level 
 Two (2) weeks of Pay plus (2) weeks of Pay for each full Year of
Service with the Company, with a minimum of four (4) weeks severance pay and up to a maximum of eight (8) weeks severance pay. 
 Two (2) months of COBRA coverage for medical, dental and vision insurance.Severance Agreement and Release dated March 23, 2005

 Exhibit 10.13 
 SEVERANCE AGREEMENT AND RELEASE 
 RECITALS 
 This Severance Agreement and Release (“Agreement”) is made by and between Keith Mullowney (“Employee”) and Thermage, Inc.
(“Company”), collectively referred to as the (“Parties”): 
 WHEREAS, Employee was employed by the Company and the
employment termination date is March 1, 2005 (the “Termination Date”); 
 WHEREAS, the Company and Employee have entered into an
Employee Proprietary Information Agreement (the “Confidentiality Agreement”); 
 WHEREAS, the Company and Employee have entered
into a Stock Option Agreement granting Employee the option to purchase shares of the Company’s common stock subject to the terms and conditions of the Company’s 1997 Stock Option Plan and the Stock Option Agreement (the “Stock
Agreements”); 
 WHEREAS, the Company has terminated the Employee’s employment due to business necessity as part of a reduction in
force; 
 WHEREAS, the Parties, and each of them, wish to resolve any and all disputes, claims, complaints, grievances, charges, actions,
petitions and demands that the Employee may have against the Company as defined herein, including, but not limited to, any and all claims arising or in any way related to Employee’s employment with, or separation from, the Company; 

NOW THEREFORE, in consideration of the promises made herein, the Parties hereby agree as follows: 
 COVENANTS 
 1.
Consideration. 
 (a) Lump Sum Payment. As consideration for the promises made by Employee in this Agreement, the Company
agrees to pay Employee a lump sum equivalent to fifty-two (52) weeks of Employee’s current base salary. The parties agree that this payment is consideration to Employee above and beyond anything of value to which Employee is already entitled.

 (b) Payment. The Company will tender the lump sum payment in this section to Employee by delivering a check for two hundred forty
thousand dollars ($240,000.00), less applicable withholding, made payable to Employee, within ten (10) business days from the Effective Date of this Agreement. This check shall be delivered to the last known address Employee has on file with the
Company. 
  

 -1- 

 (c) Stock. The Parties agree that for purposes of determining the number of shares of the
Company’s common stock which Employee is entitled to purchase from the Company, pursuant to the exercise of outstanding options, the Employee will continue to vest subject to the Employee continuing to be a Service Provider, as defined in the
Company’s 1997 Stock Option Plan. The exercise of any stock options shall continue to be subject to the terms and conditions of the Stock Option Agreements. 
 (d) Benefits. Employee acknowledges that he is currently not enrolled in any company-sponsored health insurance benefits, and as such, is not eligible for COBRA. However, the Company agrees that it will
reimburse Employee for his monthly life insurance premiums on his current life insurance premiums. 
 2. Proprietary Information
Obligations. Both during and after your employment, you acknowledge your continuing obligations under your Confidentiality Agreement not to use or disclose any confidential or proprietary information of the Company, other than those necessary to
perform duties as a Service Provider. A copy of your Confidentiality Agreement is attached hereto as Exhibit C. The Employee’s obligations continue during your service as Service Provider to the Company. 
 3. Payment of Salary. Employee acknowledges and represents that the Company has paid all salary, wages, bonuses, accrued vacation, commissions and
any and all other benefits due to Employee once the above noted payments and benefits are received. Any earned bonuses or commissions will be paid with the regular payroll schedule. 
 4. Release of Claims. Employee agrees that the foregoing consideration represents settlement in full of all outstanding obligations owed to
Employee by the Company. Employee, on his/her own behalf, and on behalf of his/her respective heirs, family members, executors, and assigns, hereby fully and forever releases the Company and its officers, directors, employees, investors,
shareholders, administrators, affiliates, divisions, subsidiaries, predecessor and successor corporations, and assigns, from, and agree not to sue concerning, any claim, duty, obligation or cause of action relating to any matters of any kind,
whether presently known or unknown, suspected or unsuspected, that Employee may possess arising from any omissions, acts or facts that have occurred up until and including the Effective Date of this Agreement including, without limitation:

 (a) any and all claims relating to or arising from Employee’s employment relationship with the Company and the termination of that
relationship; 
 (b) any and all claims relating to, or arising from, Employee’s right to purchase, or actual purchase or shares of
stock of the Company, including, without limitation, any claims for fraud, misrepresentation, breach of fiduciary duty, breach of duty under applicable state corporate law, and securities fraud under any state or federal law; 
 (c) any and all claims under the law of any jurisdiction including, but not limited to, wrongful discharge of employment; constructive discharge from
employment; termination in violation of public policy; discrimination; breach of contract, both express and implied; breach of a covenant of good faith and fair dealing, both express and implied; promissory estoppel; negligent or 

  

 -2- 

 
intentional infliction of emotional distress; negligent or intentional misrepresentation; negligent or intentional interference with contract or prospective
economic advantage; unfair business practices; defamation; libel; slander; negligence; personal injury; assault; battery; invasion of privacy; false imprisonment; and conversion; 
 (d) any and all claims for violation of any federal, state or municipal statute, including, but not limited to, Title VII of the Civil Rights Act of
1964, the Civil Rights Act of 1991, the Age Discrimination in Employment Act of 1967, the Americans with Disabilities Act of 1990, the Fair Labor Standards Act, the Employee Retirement Income Security Act of 1974, The Worker Adjustment and
Retraining Notification Act, Older Workers Benefit Protection Act; the California Fair Employment and Housing Act, and Labor Code section 201, et seq. and section 970, et seq.; 
 (e) any and all claims for violation of the federal, or any state, constitution; 
 (f) any and all claims arising out of any other laws and regulations relating to employment or employment discrimination; 
 (g) any claim for any loss, cost, damage, or expense arising out of any dispute over the non-withholding or other tax treatment of any of the proceeds
received by Employee as a result of this Agreement; and 
 (h) any and all claims for attorneys’ fees and costs. 
 (i) by signing this agreement, the Employee does not waive any right to worker’s compensation claims for injuries which were incurred while the
Employee was employed by the Company. This is not an admission of wrong-doing by Employee or Company. 
 The Company and Employee agree that
the release set forth in this section shall be and remain in effect in all respects as a complete general release as to the matters released. This release does not extend to any obligations incurred under this Agreement. 
 Employee acknowledges and agrees that any breach of any provision of this Agreement shall constitute a material breach of this Agreement and shall
entitle the Company immediately to recover the severance benefits provided to Employee under this Agreement, to the extent permitted by law. 
 By signing this agreement, Employee does not waive or release any claim Employee may have for Company to provide indemnification of Employee or defense of employee in any lawsuit or claim by third parties brought against Employee by virtue
of the Employee’s employment or the Employee’s ongoing service as a Service Provider. 
 5. Acknowledgement of Waiver of Claims
Under ADEA. Employee acknowledges that he/she is waiving and releasing any rights he/she may have under the Age Discrimination in Employment Act of 1967 (“ADEA”) and that this waiver and release is knowing and voluntary. Employee and
the Company agree that this waiver and release does not apply to any rights or claims that may arise under ADEA after the Effective Date of this Agreement. Employee acknowledges that the consideration given for this waiver and release Agreement is
in addition to anything of value 

  

 -3- 

 
to which Employee was already entitled. Employee further acknowledges that he/she has been advised by this writing that: 
 (a) he/she should consult with an attorney prior to executing this Agreement; 
 (b) he/she has up to forty-five (45) days within which to consider this Agreement; 
 (c) he/she has been advised in writing by the Company of the class, unit, or group of individuals affected by the reduction in force, and the job titles
and ages of all individuals who were and were not affected; 
 (d) he/she has seven (7) days following his/her execution of this
Agreement to revoke the Agreement; 
 (e) this Agreement shall not be effective until the revocation period has expired; and 
 (f) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver
under the ADEA, nor does it impose any condition precedent, penalties or costs for doing so, unless specifically authorized by federal law. 
 6. Civil Code Section 1542. The Parties represent that they are not aware of any claim by either of them other than the claims that are released by this Agreement. Employee and the Company acknowledge that they have been advised
by legal counsel and are familiar with the provisions of California Civil Code Section 1542, which provides as follows: 
 A GENERAL
RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR. 
 Employee and the Company, being aware of said code section, agree to expressly waive any rights they may have thereunder, as well as under any other
statute or common law principles of similar effect. 
 7. No Pending or Future Lawsuits. Employee represents that he/she has no
lawsuits, claims, or actions pending in his/her name, or on behalf of any other person or entity, against the Company or any other person or entity referred to herein. Employee also represents that he/she does not intend to bring any claims on
his/her own behalf or on behalf of any other person or entity against the Company or any other person or entity referred to herein. 
 8.
Confidentiality. The Parties acknowledge that Employee’s agreement to keep the terms and conditions of this Agreement confidential was a material factor on which all parties relied 

  

 -4- 

 
in entering into this Agreement. Employee hereto agrees to use his/her best efforts to maintain in confidence the existence of this Agreement, the contents
and terms of this Agreement, the consideration for this Agreement, and any allegations relating to the Company or his/her employment with the Company except as otherwise provided for in this Agreement (hereinafter collectively referred to as
“Settlement Information”). Employee agrees to take every reasonable precaution to prevent disclosure of any Settlement Information to third parties, and agrees that there will be no publicity, directly or indirectly, concerning any
Settlement Information. Employee agrees to take every precaution to disclose Settlement Information only to those attorneys, accountants, governmental entities, and family members who have a reasonable need to know of such Settlement Information.
The Parties agree that an enforcement action shall be arbitrated pursuant to this Agreement and that, if Company proves that Employee breached this Confidentiality provision, it shall be entitled to an award of its costs spent enforcing this
provision, including all reasonable attorneys’ fees associated with the enforcement action, without regard to whether the Company can establish actual damages from the breach by Employee. 
 9. No Cooperation. Employee agrees he/she will not act in any manner that might damage the business of the Company. Employee agrees that he will
not counsel or assist any attorneys or their clients in the presentation or prosecution of any disputes, differences, grievances, claims, charges, or complaints by any third party against the Company and/or any officer, director, employee, agent,
representative, shareholder or attorney of the Company, unless under a subpoena or other court order to do so. Employee further agrees both to immediately notify the Company upon receipt of any court order, subpoena, or any legal discovery device
that seeks or might require the disclosure or production of the existence or terms of this Agreement, and to furnish, within three (3) business days of its receipt, a copy of such subpoena or legal discovery device to the Company. 

10. Mutual Non-Disparagement. Employee and the Company agree to refrain from any defamation, libel or slander of the Company or Employee, or
tortious interference with the contracts and relationships of the Company or the Employee. 
 11. Non-Solicitation. Employee agrees
that for a period of twelve (12) months immediately following the Effective Date of this Agreement, Employee shall not either directly or indirectly solicit, induce, recruit or encourage any of the Company’s employees to leave their
employment, or take away such employees, or attempt to solicit, induce, recruit, encourage, take away or hire employees of the Company, either for him/herself or any other person or entity. 
 12. No Admission of Liability. The Parties understand and acknowledge that this Agreement constitutes a compromise and settlement of disputed
claims. No action taken by the Parties hereto, or either of them, either previously or in connection with this Agreement shall be deemed or construed to be: 
 (a) an admission of the truth or falsity of any claims heretofore made or 
 (b) an acknowledgment or
admission by either party of any fault or liability whatsoever to the other party or to any third party. 
  

 -5- 

 13. Costs. The Parties shall each bear their own costs, expert fees, attorneys’ fees and
other fees incurred in connection with this Agreement. 
 14. Arbitration. The Parties agree that any and all disputes arising out of
the terms of this Agreement, their interpretation, and any of the matters herein released, shall be subject to binding arbitration in Alameda County, California before the American Arbitration Association under its Employment Dispute Resolution
Rules, or by a judge to be mutually agreed upon. The Parties agree that the prevailing party in any arbitration shall be entitled to injunctive relief in any court of competent jurisdiction to enforce the arbitration award. The Parties hereby
agree to waive their right to have any dispute between them resolved in a court of law by a judge or jury. This section will not prevent either party from seeking injunctive relief (or any other provisional remedy) from any court having
jurisdiction over the parties and the subject matter of their dispute relating to Employee’s obligations under this Agreement and the agreements incorporated herein by reference. 
 15. Authority. The Company represents and warrants that the undersigned has the authority to act on behalf of the Company and to bind the Company
and all who may claim through it to the terms and conditions of this Agreement. Employee represents and warrants that he/she has the capacity to act on his/her own behalf and on behalf of all who might claim through him/her to bind them to the terms
and conditions of this Agreement. Each party warrants and represents that there are no liens or claims of lien or assignments in law or equity or otherwise of or against any of the claims or causes of action released herein. 
 16. No Representations. Each party represents that it has had the opportunity to consult with an attorney, and has carefully read and understands
the scope and effect of the provisions of this Agreement. Neither party has relied upon any representations or statements made by the other party hereto which are not specifically set forth in this Agreement. 
 17. Severability. In the event that any provision hereof becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable
or void, this Agreement shall continue in full force and effect without said provision so long as the remaining provisions remain intelligible and continue to reflect the original intent of the Parties. 
 18. Entire Agreement. This Agreement, and the agreements incorporated herein by reference to the extent they are consistent with this Agreement,
constitute the entire agreement and understanding between the Parties concerning the subject matter of this Agreement and all prior representations, understandings, and agreements concerning the subject matter of this Agreement have been merged into
this Agreement. 
 19. No Waiver. The failure of any party to insist upon the performance of any of the terms and conditions in this
Agreement, or the failure to prosecute any breach of any of the terms and conditions of this Agreement, shall not be construed thereafter as a waiver of any such terms or conditions. This entire Agreement shall remain in full force and effect as if
no such forbearance or failure of performance had occurred. 
 20. No Oral Modification. Any modification or amendment of this
Agreement, or additional obligation assumed by either party in connection with this Agreement, shall be effective 

  

 -6- 

 
only if placed in writing and signed by both Parties or by authorized representatives of each party. No provision of this Agreement can be changed, altered,
modified, or waived except by an executed writing by the Parties. 
 21. Governing Law. This Agreement shall be deemed to have been
executed and delivered within the State of California, and it shall be construed, interpreted, governed, and enforced in accordance with the laws of the State of California, without regard to choice of law principles. 
 22. Attorneys’ Fees. In the event that either Party brings an action to enforce or effect its rights under this Agreement, the prevailing
party shall be entitled to recover its costs and expenses, including the costs of mediation, arbitration, litigation, court fees, plus reasonable attorneys’ fees, incurred in connection with such an action. 
 23. Effective Date. This Agreement is effective after it has been signed by both parties and after eight (8) days have passed since Employee
has signed the Agreement (the “Effective Date”), unless revoked by Employee within seven (7) days after the date the Agreement was signed by Employee. 
 24. Counterparts. This Agreement may be executed in counterparts, and each counterpart shall have the same force and effect as an original and shall constitute an effective, binding agreement on the part of
each of the undersigned. 
 25. Voluntary Execution of Agreement. This Agreement is executed voluntarily and without any duress or
undue influence on the part or behalf of the Parties hereto, with the full intent of releasing all claims. The Parties acknowledge that: 
 (a) They have read this Agreement; 
 (b) They have been represented in the preparation, negotiation, and execution of this
Agreement by legal counsel of their own choice or that they have voluntarily declined to seek such counsel; 
 (c) They understand the terms
and consequences of this Agreement and of the releases it contains; and 
 (d) They are fully aware of the legal and binding effect of this
Agreement. 
  

 -7- 

 IN WITNESS WHEREOF, the Parties have executed this Agreement on the respective dates set forth below.

  
  

									
		 		 	 Thermage

					
	Dated:	 	3/23/05	 		 	 By
	  	/s/ Laureen De Buono
		 		 		 		  	 
		 		 		 		  	Laureen De Buono
		 		 		 		  	Chief Financial Officer
				
		 		 		 	 Keith Mullowney, an individual

					
	Dated:	 	3/25/05	 		 		  	/s/ Keith Mullowney
		 		 		 		  	 
		 		 		  	Keith Mullowney

	

  

	

  

 -8- 

 Exhibit A 
 Roster of Thermage not Subject to Reduction in Force 
 There are no other like positions with which
to compare. 
  

 -9- 

 Exhibit B 
 Roster of Thermage Subject to Reduction in Force 
 There are no other like positions with which to
compare. 
  

 -10- 

 Exhibit C 
 THERMAGE 
 PROPRIETARY INFORMATION AGREEMENT 
 As a condition of my employment with Thermage, its subsidiaries affiliates, successors or assigns (together the “Company”), and in
consideration of my employment with the Company and my receipt of the compensation now and hereafter paid to me by Company, I agree to the following: 
 1. At-Will Employment. I understand and acknowledge that my employment with the Company is for an unspecified duration and constitutes “at-will” employment. I acknowledge that this employment
relationship may be terminated at any time, with or without good cause or for any or no cause, at the option either of the Company or myself, with or without notice. 
 2. Confidential Information. 
 (a) Company Information. I agree at all times during the term of
my employment and thereafter, to hold in strictest confidence, and not to use, except for the benefit of the Company, or to disclose to any person, firm or corporation without written authorization of the Board of Directors of the Company, any
Confidential Information of the Company. I understand that “Confidential Information” means any Company proprietary information, technical data, trade secrets or know-how, including, but not limited to, research, product plans,
products, services, customer lists and customers (including, but not limited to, customers of the Company on whom I called or with whom I became acquainted during the term of my employment), markets, software, developments, inventions, processes,
formulas, technology, designs, drawings, engineering, hardware configuration information, marketing, finances or other business information disclosed to me by the Company either directly or indirectly in writing, orally or by drawings or observation
of parts or equipment. I further understand that Confidential Information does not include any of the foregoing items which has become publicly known and made generally available through no wrongful act of mine or of others who were under
confidentiality obligations as to the item or items involved. 
 (b) Former Employer Information. I agree that I will not, during my
employment with the Company, improperly use or disclose any proprietary information or trade secrets of any former or concurrent employer or other person or entity and that I will not bring onto the premises of the Company any unpublished document
or proprietary information belonging to any such employer, person or entity unless consented to in writing by such employer, person or entity. 
 (c) Third Party Information. I recognize that the Company has received and in the future will receive from third parties their confidential or proprietary information subject to a duty on the Company’s part to maintain the
confidentiality of such information and to use it only for certain limited purposes. I agree to hold all such confidential or proprietary information in the strictest confidence and not to disclose it to any person, firm or corporation or to use it
except as necessary in carrying out my work for the Company consistent with the Company’s agreement with such third party. 

 3. Inventions. 
 (a) Inventions Retained and Licensed. I have attached hereto, as Exhibit A, a list describing all inventions, original works of authorship, developments, improvements, and trade secrets which were made by me
prior to my employment with the Company (collectively referred to as “Prior Inventions”), which belong to me, which relate to the Company’s proposed business, products or research and development, and which are not assigned to
the Company hereunder; or, if no such list is attached, I represent that there are no such Prior Inventions. If in the course of my employment with the Company, I incorporate into a Company product, process or machine a Prior Invention owned by me
or in which I have an interest, the Company is hereby granted and shall have a nonexclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use and sell such Prior Invention as part of or in connection with such
product, process or machine. 
 (b) Assignment of Inventions. I agree that I will promptly make full written disclosure to the
Company, will hold in trust for the sole right and benefit of the Company, and hereby assign to the Company, or its designee, all my right, title, and interest in and to any and all inventions, original works of authorship, developments, concepts,
improvements or trade secrets, whether or not patentable or registrable under copyright or similar laws, which I may solely or jointly conceive or develop or reduce to practice, or cause to be conceived or developed or reduced to practice, during
the period of time I am in the employ of the Company (collectively referred to as “Inventions”). I further acknowledge that all original works of authorship which are made by me (solely or jointly with others) within the scope of
and during the period of my employment with the Company and which are protectible by copyright are “works made for hire,” as that term is defined in the United States Copyright Act. 
 (c) Inventions Assigned to the United States. I agree to assign to the United States government all my right, title, and interest in and to any
and all Inventions whenever such full title is required to be in the United States by a contract between the Company and the United States or any of its agencies. 
 (d) Maintenance of Records. I agree to keep and maintain adequate and current written records of all Inventions made by me (solely or jointly with others) during the term of my employment with the Company. The
records will be in the form of notes, sketches, drawings, and any other format that may be specified by the Company. The records will be available to and remain the sole property of the Company at all times. 
 (e) Patent and Copyright Registrations. I agree to assist the Company, or its designee, at the Company’s expense, in every proper way to
secure the Company’s rights in the Inventions and any copyrights, patents, mask work rights or other intellectual property rights relating thereto in any and all countries, including the disclosure to the Company of all pertinent information
and data with respect thereto, the execution of all applications, specifications, oaths, assignments and all other instruments which the Company shall deem necessary in order to apply for and obtain such rights and in order to assign and convey to
the Company, its successors, assigns and nominees the sole and exclusive rights, title and interest in and to such Inventions, and any copyrights, patents, mask work rights or other intellectual property rights relating thereto. I further agree that
my obligation to execute or cause to be executed, when it is in my power to do so, any such instrument 

  

 -2- 

 
or papers shall continue after the termination of this Agreement. If the Company is unable because of my mental or physical incapacity or for any other
reason to secure my signature to apply for or to pursue any application for any United States or foreign patents or copyright registrations covering Inventions or original works of authorship assigned to the Company as above, then I hereby
irrevocably designate and appoint the Company and its duly authorized officers and agents as my agent and attorney in fact, to act for and in my behalf and stead to execute and file any such applications and to do all other lawfully permitted acts
to further the prosecution and issuance of letters patent or copyright registrations thereon with the same legal force and effect as if executed by me. 
 4. Conflicting Employment. I agree that, during the term of my employment with the Company, I will not engage in any other employment, occupation, consulting or other business activity directly related to the
business in which the Company is now involved or becomes involved during the term of my employment, nor will I engage in any other activities that conflict with my obligations to the Company. 
 5. Returning Company Documents. I agree that, at the time of leaving the employ of the Company, I will deliver to the Company (and will not keep
in my possession, recreate or deliver to anyone else) any and all devices, records, data, notes, reports, proposals, lists, correspondence, specifications, drawings, blueprints, sketches, materials, equipment, other documents or property, or
reproductions of any aforementioned items developed by me pursuant to my employment with the Company or otherwise belonging to the Company, its successors or assigns. In the event of the termination of my employment, I agree to sign and deliver the
“Termination Certification” attached hereto as Exhibit B. 
 6. Notification to New Employer. In the event
that I leave the employ of the Company, I hereby grant consent to notification by the Company to my new employer about my rights and obligations under this Agreement. 
 7. Solicitation of Employees. I agree that for a period of twelve (12) months immediately following the termination of my relationship with the Company for any reason, whether with or without cause, I shall not
either directly or indirectly solicit, induce, recruit or encourage any of the Company’s employees to leave their employment, or take away such employees, or attempt to solicit, induce, recruit, encourage or take away employees of the Company,
either for myself or for any other person or entity. 
 8. Conflict of Interest Guidelines. I agree to diligently adhere to the
Conflict of Interest Guidelines attached as Exhibit C hereto. 
 9. Representations. I agree to execute any proper oath or
verify any proper document required to carry out the terms of this Agreement. I represent that my performance of all the terms of this Agreement will not breach any agreement to keep in confidence proprietary information acquired by me in confidence
or in trust prior to my employment by the Company. I have not entered into, and I agree I will not enter into, any oral or written agreement in conflict herewith. 
  

 -3- 

 10. Arbitration and Equitable Relief. 
 (a) Arbitration. Except as provided in Section 10(b) below, I agree that any dispute or controversy arising out of or relating to any
interpretation, construction, performance or breach of this Agreement, shall be settled by arbitration to be held in Santa Clara County, California, in accordance with the rules then in effect of the American Arbitration Association. The arbitrator
may grant injunctions or other relief in such dispute or controversy. The decision of the arbitrator shall be final, conclusive and binding on the parties to the arbitration. Judgement may be entered on the arbitrator’s decision in any court
having jurisdiction. The Company and I shall each pay one-half of the costs and expenses of such arbitration, and each of us shall separately pay our counsel fees and expenses 
 (b) Equitable Remedies. I agree that it would be impossible or inadequate to measure and calculate the Company’s damages from any breach of
the covenants set forth in Sections 2, 3, and 5 herein. Accordingly, I agree that if I breach any of such Sections, the Company will have available, in addition to any other right or remedy available, the right to obtain an injunction from a court
of competent jurisdiction restraining such breach or threatened breach and to specific performance of any such provision of this Agreement. I further agree that no bond or other security shall be required in obtaining such equitable relief and I
hereby consent to the issuance of such injunction and to the ordering of specific performance. 
 11. General Provisions. 

(a) Governing Law; Consent to Personal Jurisdiction. This Agreement will be governed by the laws of the State of California, without regard to
choice of law provisions. I hereby expressly consent to the personal jurisdiction of the state and federal courts located in California for any lawsuit filed there against me by the Company arising from or relating to this Agreement. 
 (b) Entire Agreement. This Agreement sets forth the entire agreement and understanding between the Company and me relating to the subject matter
herein and merges all prior discussions between us. No modification of or amendment to this Agreement, nor any waiver of any rights under this agreement, will be effective unless in writing signed by the party to be charged. Any subsequent change or
changes in my duties, salary or compensation will not affect the validity or scope of this Agreement. 
 (c) Severability. If one or
more of the provisions in this Agreement are deemed void by law, then the remaining provisions will continue in full force and effect. 
  

 -4- 

 (d) Successors and Assigns. This Agreement will be binding upon my heirs, executors,
administrators and other legal representatives and will be for the benefit of the Company, its successors, and its assigns. 
  

					
	 Date:
	  	7/11/00	  	
		  	 	  	
		  		  	/s/ Keith L. Mullowney
		  		  	 
		  		  	Signature
			
		  		  	Keith L. Mullowney
		  		  	 
		  		  	Name of Employee (typed or printed)
	 /s/ Bob Budris
	  	
	 	  	
	 Witness
	  	

  

 -5- 

 EXHIBIT A 
 LIST OF PRIOR INVENTIONS 
 AND ORIGINAL WORKS OF AUTHORSHIP 
  

					
	 Title
	 	 Date
	 	 Identifying Number or 
 Brief Description

		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	
		 		 	

      No inventions or improvements 
      Additional Sheets Attached 
 Signature of
Employee: /s/ Keith L. Mullowney             
 Print Name of Employee: Keith L.
Mullowney              
 Date:
7/10/00                     

 EXHIBIT B 
 THERMAGE 
 TERMINATION CERTIFICATION 
 This is to certify that I do not have in my possession, nor have I failed to return, any devices, records, data, notes, reports, proposals, lists,
correspondence, specifications, drawings, blueprints, sketches, materials, equipment, other documents or property, or reproductions of any aforementioned items belonging to Thermage, its subsidiaries, affiliates, successors or assigns (together, the
“Company”). 
 I further certify that I have complied with all the terms of the Company’s Employment, Confidential
Information and Invention Assignment Agreement signed by me, including the reporting of any inventions and original works of authorship (as defined therein), conceived or made by me (solely or jointly with others) covered by that agreement.

 I further agree that, in compliance with the Employment, Confidential Information and Invention Assignment Agreement, I will preserve as
confidential all trade secrets, confidential knowledge, data or other proprietary information relating to products, processes, know-how, designs, formulas, developmental or experimental work, computer programs, data bases, other original works of
authorship, customer lists, business plans, financial information or other subject matter pertaining to any business of the Company or any of its employees, clients, consultants or licensees. 
 I further agree that for twelve (12) months from this date, I will not hire any employees of the Company and I will not solicit, induce, recruit or
encourage any of the Company’s employees to leave their employment. 
  

					
	 Date:
	  		  	
		  	 	  	
		  		  	
		  		  	 
		  		  	 (Employee’s Signature)

			
		  		  	
		  		  	 
		  		  	 (Type/Print Employer’s Name)

 EXHIBIT C 
 THERMAGE 
 CONFLICT OF INTEREST GUIDELINES 
 It is the policy of Thermage to conduct its affairs in strict compliance with the letter and spirit of the law and to adhere to the highest
principles of business ethics. Accordingly, all officers, employees and independent contractors must avoid activities which are in conflict, or give the appearance of being in conflict, with these principles and with the interests of the Company.
The following are potentially compromising situations which must be avoided. Any exceptions must be reported to the President and written approval for continuation must be obtained. 
 1. Revealing confidential information to outsiders or misusing confidential information. Unauthorized divulging of information is a violation of this
policy whether or not for personal gain and whether or not harm to the Company is intended. (The Employment, Confidential Information and Invention Assignment Agreement elaborates on this principle and is a binding agreement.) 
 2. Accepting or offering substantial gifts, excessive entertainment, favors or payments which may be deemed to constitute undue influence or otherwise be
improper or embarrassing to the Company. 
 3. Participating in civic or professional organizations that might involve divulging confidential
information of the Company. 
 4. Initiating or approving personal actions affecting reward or punishment of employees or applicants where
there is a family relationship or is or appears to be a personal or social involvement. 
 5. Initiating or approving any form of personal or
social harassment of employees. 
 6. Investing or holding outside directorships in suppliers, customers or competing companies, including
financial speculation, where such investment or directorship might influence in any manner a decision or course of action of the Company. 
 7. Borrowing from or lending to employees, customers or suppliers. 
 8. Acquiring real estate of interest to the Company.

 9. Improperly using or disclosing to the Company any proprietary information or trade secrets of any former or concurrent employer or
other person or entity with whom obligations of confidentiality exit. 
 10. Unlawfully discussing prices, costs, customers, sales or markets
with competing companies or their employees. 
 11. Making any unlawful agreements with distributors with respect to prices.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00108-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00108-of-00352.parquet"}]]