Document:

Exhibit 10.2

 

Effective Date: July
3, 2008

Amended or Amended
and Restated: April 8, 2010, November 17, 2015, July 1, 2016 and January 17, 2017

 

IMMUNOME,
INC.

 

AMENDED
AND RESTATED

2008
EQUITY INCENTIVE PLAN

 

The purpose of the
Immunome, Inc. Amended and Restated 2008 Equity Incentive Plan is to provide (i) designated employees of Immunome, Inc. (the “Company”)
and its parents and subsidiaries, (ii) certain consultants and advisors who perform services for the Company or its parents or
subsidiaries and (iii) non-employee members of the Board of Directors of the Company (the “Board”) with the opportunity
to receive grants of incentive stock options, nonqualified stock options and stock awards. The Company believes that the Plan will
encourage the participants to contribute materially to the growth of the Company, thereby benefitting the Company’s stockholders,
and will align the economic interests of the participants with those of the stockholders.

 

1.                 
Administration.

 

(a)              
Committee. This Plan shall be administered and interpreted by the Board or by a committee consisting of members
of the Board, which shall be appointed by the Board. After an initial public offering of the Company’s stock as described
in Section 18(b) (a “Public Offering”), this Plan shall be administered by a committee of Board members, which may
consist of “outside directors” as defined under section 162(m) of the Internal Revenue Code of 1986, as amended (the
“Code”), and related Treasury regulations, and “non-employee directors” as defined under Rule 16b-3 under
the Securities Exchange Act of 1934, as amended (the “Exchange Act”). However, the Board may ratify or approve any
grants as it deems appropriate, and the Board shall approve and administer all grants made to non-employee directors. The committee
may delegate authority to one or more subcommittees as it deems appropriate. To the extent that a committee or subcommittee administers
this Plan, references in this Plan to the “Board” shall be deemed to refer to the committee or subcommittee.

 

(b)             
Board Authority. The Board shall have the sole authority to determine the individuals to whom grants shall be
made under this Plan, determine the type, size and terms of the grants to be made to each such individual, determine the time when
the grants will be made and the duration of any applicable exercise or restriction period, including the criteria for exercisability
and the acceleration of exercisability, amend the terms of any previously issued grant, and deal with any other matters arising
under this Plan.

 

(c)               Board
Determinations. The Board shall have full power and authority to administer and interpret this Plan, to make factual
determinations and to adopt or amend such rules, regulations, agreements and instruments for implementing this Plan and for
the conduct of its business as it deems necessary or advisable, in its sole discretion. The Board’s interpretations of
this Plan and all determinations made by the Board pursuant to the powers vested in it hereunder shall be conclusive and
binding on all persons having any interest in this Plan or in any awards granted hereunder. All powers of the Board shall be
executed in its sole discretion, in the best interest of the Company, not as a fiduciary, and in keeping with the objectives
of this Plan and need not be uniform as to similarly situated individuals.

 

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(d)             
Delegation to Officers. To the extent permitted by applicable law, the Board may delegate to one or more officers
of the Company the power to grant Options (as defined in Section 2 below) to employees or officers of the Company or any of its
present or future subsidiary corporations and to exercise such other powers under this Plan as the Board may determine, provided
that the Board shall fix the terms of the Options to be granted by such officers (including the exercise price of such Options,
which may include a formula by which the exercise price will be determined) and the maximum number of shares subject to Options
that the officers may grant; provided further, however, that no officer shall be authorized to grant Options to himself or herself.

 

2.                 
Grants. Awards under this Plan may consist of grants of incentive stock options as described in Section 5 (“Incentive
Stock Options”), nonqualified stock options as described in Section 5 (“Nonqualified Stock Options”) (Incentive
Stock Options and Nonqualified Stock Options are collectively referred to as “Options”) and stock awards as described
in Section 6 (“Stock Awards”) (hereinafter collectively referred to as “Grants”). All Grants shall be subject
to the terms and conditions set forth herein and to such other terms and conditions consistent with this Plan as the Board deems
appropriate and as are specified in writing by the Board to the individual in a grant instrument or an amendment to the grant instrument
(the “Grant Instrument”). All Grants shall be made conditional upon the Grantee’s acknowledgement, in writing
or by acceptance of the Grant, that all decisions and determinations of the Board shall be final and binding on the Grantee, his
or her beneficiaries and any other person having or claiming an interest under such Grant. The Board shall approve the form and
provisions of each Grant Instrument. Grants under a particular Section of this Plan need not be uniform as among the grantees.

 

3.                 
Shares Subject to This Plan.

 

(a)              
Shares Authorized. Subject to adjustment as described below, the aggregate number of shares of common stock of
the Company (“Company Stock”) that may be issued under this Plan is 5,684,560 shares, all of which may be granted as
Incentive Stock Options. After a Public Offering, the maximum aggregate number of shares of Company Stock that shall be subject
to Grants made under this Plan to any individual during any calendar year shall be 1,500,000 shares, subject to adjustment as described
below. Shares issued under this Plan may be authorized but unissued shares of Company Stock or reacquired shares of Company Stock,
including shares purchased by the Company on the open market for purposes of this Plan. If and to the extent Options granted under
this Plan terminate, expire, or are canceled, forfeited, exchanged or surrendered without having been exercised or if any Stock
Awards (including restricted Stock Awards received upon the exercise of Options) are forfeited, the shares subject to such Grants
shall again be available for purposes of this Plan.

 

(b)              Adjustments.
In the event of any change in the number or kind of shares of Company Stock outstanding by reason of a stock dividend,
spinoff, recapitalization, stock split, or combination or exchange of shares, by reason of a merger, reorganization or
consolidation, by reason of a reclassification or change in par value, or by reason of any other extraordinary or unusual
event affecting the outstanding Company Stock as a class without the Company’s receipt of consideration, or if the
value of outstanding shares of Company Stock is substantially reduced as a result of a spinoff or the Company’s payment
of an extraordinary dividend or distribution, the maximum number of shares of Company Stock available for Grants, the maximum
number of shares of Company Stock that any individual participating in this Plan may be granted in any year, the number of
shares covered by outstanding Grants, the kind of shares issued under this Plan, and the price per share of such Grants may
be appropriately adjusted by the Board to reflect any increase or decrease in the number of, or change in the kind or value
of, issued shares of Company Stock to preclude, to the extent practicable, the enlargement or dilution of rights and benefits
under such Grants; provided, however, that any fractional shares resulting from such adjustment shall be eliminated. Any
adjustments determined by the Board shall be final, binding and conclusive.

 

4.                 
Eligibility for Participation.

 

(a)              
Eligible Persons. All employees of the Company and its parents or subsidiaries (“Employees”), including
Employees who are officers or members of the Board, and members of the Board who are not Employees (“Non-Employee Directors”)
shall be eligible to participate in this Plan. Consultants and advisors who perform services for the Company or any of its parents
or subsidiaries (“Key Advisors”) shall be eligible to participate in this Plan if the Key Advisors render bona fide
services to the Company or its parents or subsidiaries, the services are not in connection with the offer and sale of securities
in a capital-raising transaction, and the Key Advisors do not directly or indirectly promote or maintain a market for the Company’s
securities.

 

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(b)             
Selection of Grantees. The Board shall select the Employees, Non-Employee Directors and Key Advisors to receive
Grants and shall determine the number of shares of Company Stock subject to a particular Grant in such manner as the Board determines.
Employees, Key Advisors and Non-Employee Directors who receive Grants under this Plan shall hereinafter be referred to as “Grantees.”

 

5.                 
Granting of Options.

 

(a)              
Number of Shares. The Board shall determine the number of shares of Company Stock that will be subject to each
Grant of Options to Employees, Non-Employee Directors and Key Advisors.

 

(b)             
Type of Option and Price.

 

(i)                
The Board may grant Incentive Stock Options that are intended to qualify as “incentive stock options” within
the meaning of section 422 of the Code or Nonqualified Stock Options that are not intended so to qualify or any combination of
Incentive Stock Options and Nonqualified Stock Options, all in accordance with the terms and conditions set forth herein. Incentive
Stock Options may be granted only to employees of the Company or its parents or subsidiaries, as defined in Section 424 of the
Code. Nonqualified Stock Options may be granted to Employees, Non-Employee Directors and Key Advisors.

 

(ii)              The
purchase price (the “Exercise Price”) of Company Stock subject to an Option shall be determined by the Board and
may be equal to or greater than the Fair Market Value (as defined below) of a share of Company Stock on the date the Option
is granted; provided, however, that (A) the Exercise Price of an Incentive Stock Option shall be equal to, or greater than,
the Fair Market Value of a share of Company Stock on the date the Incentive Stock Option is granted and (B) an Incentive
Stock Option may not be granted to an Employee who, at the time of grant, owns stock possessing more than 10% of the total
combined voting power of all classes of stock of the Company or any parent or subsidiary of the Company, unless the Exercise
Price per share is not less than 110% of the Fair Market Value of Company Stock on the date of grant.

 

(iii)           
If the Company Stock is publicly traded, then the Fair Market Value per share shall be determined as follows: (A) if the
principal trading market for the Company Stock is a national securities exchange or the Nasdaq National Market, the last reported
sale price thereof on the relevant date or (if there were no trades on that date) the latest preceding date upon which a sale was
reported, or (B) if the Company Stock is not principally traded on such exchange or market, the mean between the last reported
“bid” and “asked” prices of Company Stock on the relevant date, as reported on Nasdaq or, if not so reported,
as reported by the National Daily Quotation Bureau, Inc. or as reported in a customary financial reporting service, as applicable
and as the Board determines. If the Company Stock is not publicly traded or, if publicly traded, is not subject to reported transactions
or “bid” or “asked” quotations as set forth above, the Fair Market Value per share shall be as determined
by the Board.

 

(c)              
Option Term. The Board shall determine the term of each Option. The term of any Option shall not exceed ten years
from the date of grant. However, an Incentive Stock Option that is granted to an Employee who, at the time of grant, owns stock
possessing more than 10% of the total combined voting power of all classes of stock of the Company, or any parent or subsidiary
of the Company, may not have a term that exceeds five years from the date of grant.

 

(d)             
Exercisability of Options.

 

(i)                
Options shall become exercisable in accordance with such terms and conditions, consistent with this Plan, as may be determined
by the Board and specified in the Grant Instrument. The Board may accelerate the exercisability of any or all outstanding Options
at any time for any reason.

 

(ii)             
The Board may provide in a Grant Instrument that the Grantee may elect to exercise part or all of an Option before it otherwise
has become exercisable. Any shares so purchased shall be restricted shares and shall be subject to a repurchase right in favor
of the Company during a specified restriction period, with the repurchase price equal to the lesser of (A) the Exercise Price or
(B) the Fair Market Value of such shares at the time of repurchase, or such other restrictions as the Board deems appropriate.

 

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(e)              
Grants to Non-Exempt Employees. Notwithstanding the foregoing, Options granted to persons who are non-exempt
employees under the Fair Labor Standards Act of 1938, as amended, shall have an Exercise Price not less than the Fair Market Value
of the Company Stock on the date of grant, and may not be exercisable for at least six months after the date of grant (except that
such Options may become exercisable, as determined by the Board, upon the Grantee’s death, Disability or retirement, or upon
a Change of Control or other circumstances permitted by applicable regulations).

 

(f)               
 Termination of Employment, Disability or Death.

 

(i)                
Except as provided below, an Option may only be exercised while the Grantee is employed by, or providing service to, the
Employer (as defined below) as an Employee, Key Advisor or member of the Board. In the event that a Grantee ceases to be employed
by, or provide service to, the Employer for any reason other than Disability, death, or termination for Cause, any Option which
is otherwise exercisable by the Grantee shall terminate unless exercised within 90 days after the date on which the Grantee ceases
to be employed by, or provide service to, the Employer (or within such other period of time as may be specified by the Board),
but in any event no later than the date of expiration of the Option term. Except as otherwise provided by the Board, any of the
Grantee’s Options that are not otherwise exercisable as of the date on which the Grantee ceases to be employed by, or provide
service to, the Employer shall terminate as of such date.

 

(ii)             
In the event the Grantee ceases to be employed by, or provide service to, the Employer on account of a termination for Cause
by the Employer, any Option held by the Grantee shall terminate as of the date the Grantee ceases to be employed by, or provide
service to, the Employer. In addition, notwithstanding any other provisions of this Section 5, if the Board determines that the
Grantee has engaged in conduct that constitutes Cause at any time while the Grantee is employed by, or providing service to, the
Employer or after the Grantee’s termination of employment or service, any Option held by the Grantee shall immediately terminate,
and the Grantee shall automatically forfeit all shares underlying any exercised portion of an Option for which the Company has
not yet delivered the share certificates, upon refund by the Company of the Exercise Price paid by the Grantee for such shares.
Upon any exercise of an Option, the Company may withhold delivery of share certificates pending resolution of an inquiry that could
lead to a finding resulting in a forfeiture.

 

(iii)           
In the event the Grantee ceases to be employed by, or provide service to, the Employer because the Grantee is Disabled,
any Option which is otherwise exercisable by the Grantee shall terminate unless exercised within one year after the date on which
the Grantee ceases to be employed by, or provide service to, the Employer (or within such other period of time as may be specified
by the Board), but in any event no later than the date of expiration of the Option term. Except as otherwise provided by the Board,
any of the Grantee’s Options which are not otherwise exercisable as of the date on which the Grantee ceases to be employed
by, or provide service to, the Employer shall terminate as of such date.

 

(iv)            
If the Grantee dies while employed by, or providing service to, the Employer or within 90 days after the date on which the
Grantee ceases to be employed or provide service on account of a termination specified in Section 5(f)(i) above (or within such
other period of time as may be specified by the Board), any Option that is otherwise exercisable by the Grantee shall terminate
unless exercised within one year after the date on which the Grantee ceases to be employed by, or provide service to, the Employer
(or within such other period of time as may be specified by the Board), but in any event no later than the date of expiration of
the Option term. Except as otherwise provided by the Board, any of the Grantee’s Options that are not otherwise exercisable
as of the date on which the Grantee ceases to be employed by, or provide service to, the Employer shall terminate as of such date.

 

(v)              
 For purposes of this Section 5(f) and Section 6:

 

1.                 
The term “Employer” shall include the Company and its parent and subsidiary corporations or other entities,
as appropriate and as determined by the Board.

 

2.                 
“Employed by, or provide service to, the Employer” shall mean employment or service as an Employee, Key Advisor
or member of the Board (so that, for purposes of exercising Options and satisfying conditions with respect to Stock Awards, a Grantee
shall not be considered to have terminated employment or service until the Grantee ceases to be an Employee, Key Advisor or member
of the Board), unless the Board determines otherwise.

 

3.                 
“Disability” shall mean a Grantee’s becoming disabled within the meaning of section 22(e)(3) of the Code,
within the meaning of the Employer’s long-term disability plan applicable to the Grantee, or as otherwise determined by the
Board.

 

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4.                 
“Cause” shall mean, except to the extent specified otherwise by the Board, a finding by the Board that the Grantee
has breached his or her employment or service contract with the Employer, has engaged in disloyalty to the Company, including,
without limitation, fraud, embezzlement, theft, commission of a felony or proven dishonesty, has disclosed trade secrets or confidential
information of the Employer to persons not entitled to receive such information, has breached any written noncompetition or nonsolicitation
agreement between the Grantee and the Employer or has engaged in such other behavior detrimental to the interests of the Employer
as the Board determines.

 

(g)              
Exercise of Options. A Grantee may exercise an Option that has become exercisable, in whole or in part, by delivering
a notice of exercise to the Company with payment of the Exercise Price; provided, however, that the Committee shall have the power
to permit: (i) the exercise of unvested Options, or portions thereof, for the purchase of shares of restricted Common Stock subject
to a repurchase right in favor of the Company, with a repurchase price being equal to the lesser of (x) the original purchase price
or (y) the Fair Market Value of the shares on the date of repurchase, or to any other restrictions as the Committee deems to be
appropriate, and (ii) the acceleration of previously established exercise terms, in each case upon such circumstances and subject
to such terms and conditions as the Committee shall determine. The Grantee shall pay the Exercise Price for an Option as specified
by the Board (I) in cash, (II) with the approval of the Board, by delivering shares of Company Stock owned by the Grantee (including
Company Stock acquired or issuable in connection with the exercise of an Option, subject to such restrictions as the Board deems
appropriate) and having a Fair Market Value on the date of exercise equal to the Exercise Price or by attestation (on a form prescribed
by the Board) to ownership of shares of Company Stock having a Fair Market Value on the date of exercise equal to the Exercise
Price, (III) after a Public Offering, payment through a broker in accordance with procedures permitted by Regulation T of the Federal
Reserve Board, or (IV) by such other method as the Board may approve. The Board may authorize loans by the Company to Grantees
in connection with the exercise of an Option, upon such terms and conditions as the Board, in its sole discretion, deems appropriate.
Shares of Company Stock used to exercise an Option shall have been held by the Grantee for the requisite period of time to avoid
adverse accounting consequences to the Company with respect to the Option. The Grantee shall pay the Exercise Price and the amount
of any withholding tax due (pursuant to Section 7) at the time of exercise.

 

(h)             
 Limits on Incentive Stock Options. Each Incentive Stock Option shall provide that, if the aggregate Fair Market
Value of the stock on the date of the grant with respect to which Incentive Stock Options are exercisable for the first time by
a Grantee during any calendar year, under this Plan or any other stock option plan of the Company or a parent or subsidiary, exceeds
$100,000, then the Option, as to the excess, shall be treated as a Nonqualified Stock Option. An Incentive Stock Option shall not
be granted to any person who is not an Employee of the Company or a parent or subsidiary (within the meaning of section 424(f)
of the Code) of the Company.

 

6.                 
Stock Awards. The Board may issue shares of Company Stock to an Employee, Non-Employee Director or Key Advisor
under a Stock Award, upon such terms as the Board deems appropriate. The following provisions are applicable to Stock Awards:

 

(a)              
General Requirements. Shares of Company Stock issued pursuant to Stock Awards may be issued for consideration
or for no consideration, and subject to restrictions or no restrictions, as determined by the Board. The Board may establish conditions
under which restrictions on Stock Awards shall lapse over a period of time or according to such other criteria as the Board deems
appropriate. The period of time during which the Stock Award will remain subject to restrictions will be designated in the Grant
Instrument as the “Restriction Period.”

 

(b)             
Number of Shares. The Board shall determine the number of shares of Company Stock to be issued pursuant to a
Stock Award and the restrictions applicable to such shares.

 

(c)              
Requirement of Employment or Service. If the Grantee ceases to be employed by, or provide service to, the Employer
(as defined in Section 5(f)) during a period designated in the Grant Instrument as the Restriction Period, or if other specified
conditions are not met, the Stock Award shall terminate as to all shares covered by the award as to which the restrictions have
not lapsed, and those shares of Company Stock must be immediately returned to the Company. The Board may, however, provide for
complete or partial exceptions to this requirement as it deems appropriate.

 

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(d)             
Restrictions on Transfer and Legend on Stock Certificate. During the Restriction Period, a Grantee may not sell,
assign, transfer, pledge or otherwise dispose of the shares of the Stock Award except to a successor under Section 8(a). Each certificate
for Stock Awards shall contain a legend giving appropriate notice of the restrictions in the Grant. The Grantee shall be entitled
to have the legend removed from the stock certificate covering the shares subject to restrictions when all restrictions on such
shares have lapsed. The Board may determine that the Company will not issue certificates for Stock Awards until all restrictions
on such shares have lapsed, or that the Company will retain possession of certificates for Stock Awards until all restrictions
on such shares have lapsed.

 

(e)              
Right to Vote and to Receive Dividends. During the Restriction Period, the Grantee shall have the right to vote
shares subject to Stock Awards and to receive any dividends or other distributions paid on such shares, subject to any restrictions
deemed appropriate by the Board.

 

(f)                Lapse
of Restrictions. All restrictions imposed on Stock Awards shall lapse upon the expiration of the applicable
Restriction Period and the satisfaction of all conditions imposed by the Board. The Board may determine, as to any or all
Stock Awards, that the restrictions shall lapse without regard to any Restriction Period.

 

7.                 
Withholding of Taxes.

 

(a)              
Required Withholding. All Grants under this Plan shall be subject to applicable federal (including FICA), state
and local tax withholding requirements. The Employer may require that the Grantee or other person receiving or exercising Grants
pay to the Employer the amount of any federal, state or local taxes that the Employer is required to withhold with respect to such
Grants, or the Employer may deduct from other wages paid by the Employer the amount of any withholding taxes due with respect to
such Grants.

 

(b)             
Election to Withhold Shares. If the Board so permits, a Grantee may elect to satisfy the Employer’s income
tax withholding obligation with respect to a Grant by having shares withheld up to an amount that does not exceed the Grantee’s
minimum applicable withholding tax rate for federal (including FICA), state and local tax liabilities. The election must be in
a form and manner prescribed by the Board and may be subject to the prior approval of the Board.

 

8.                 
Transferability of Grants.

 

(a)              
Nontransferability of Grants. Except as provided below, only the Grantee may exercise rights under a Grant during
the Grantee’s lifetime, and a Grant shall not be subject to attachment, execution or similar process. A Grantee may not transfer
(voluntarily or involuntarily) those rights except by will or by the laws of descent and distribution or with respect to Grants
other than Incentive Stock Options, if permitted in any specific case by the Board. When a Grantee dies, the personal representative
or other person entitled to succeed to the rights of the Grantee may exercise such rights. Any such successor must furnish proof
satisfactory to the Company of his or her right to receive the Grant under the Grantee’s will or under the applicable laws
of descent and distribution. In the event of (1) any attempt by any Grantee to alienate, assign, pledge, hypothecate or otherwise
dispose of a Grant, except as provided in this Plan, or (2) the levy of any attachment, execution or similar process upon the rights
or interest hereby conferred, the Company may terminate the applicable Grant by notice to the Grantee and it shall thereupon become
null and void.

 

(b)             
Transfer of Nonqualified Stock Options. Notwithstanding the foregoing, the Board may provide in a Grant Instrument,
or subsequently approve, that a Grantee may transfer Nonqualified Stock Options to family members, or one or more trusts or other
entities for the benefit of or owned by family members, consistent with applicable securities laws, according to such terms as
the Board may determine; provided that the Grantee receives no consideration for the transfer of an Option and the transferred
Option shall continue to be subject to the same terms and conditions as were applicable to the Option immediately before the transfer.

 

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9.                 
Right of First Refusal; Repurchase Right.

 

(a)               Offer.
Prior to a Public Offering, if at any time an individual desires to sell, encumber, or otherwise dispose of shares of Company
Stock that were distributed to him or her under this Plan and that are transferable, the individual may do so only pursuant
to a bona fide written offer, and the individual shall first offer the shares to the Company by giving the Company written
notice disclosing: (i) the name of the proposed transferee of the Company Stock; (ii) the certificate number and number of
shares of Company Stock proposed to be transferred or encumbered; (iii) the proposed price; (iv) all other terms of the
proposed transfer; and (v) a written copy of the proposed offer. Within 60 days after receipt of such notice, the Company
shall have the option to purchase all or part of such Company Stock at the price and on the terms described in the written
notice; provided that the Company may pay such price in installments over a period not to exceed four years, at the
discretion of the Board.

 

(b)             
Sale. In the event the Company (or a stockholder, as described below) does not exercise the option to purchase
Company Stock, as provided above, the individual shall have the right to sell, encumber, or otherwise dispose of the shares of
Company Stock described in subsection (a) at the price and on the terms of the transfer set forth in the written notice to the
Company, provided such transfer is effected within 15 days after the expiration of the option period. If the transfer is not effected
within such period, the Company must again be given an option to purchase, as provided above.

 

(c)              
Assignment of Rights. The Board, in its sole discretion, may waive the Company’s right of first refusal
and repurchase right under this Section 9. If the Company’s right of first refusal or repurchase right is so waived, the
Board may, in its sole discretion, assign such right to the remaining stockholders of the Company in the same proportion that each
stockholder’s stock ownership bears to the stock ownership of all the stockholders of the Company, as determined by the Board.
To the extent that a stockholder has been given such right and does not purchase his or her allotment, the other stockholders shall
have the right to purchase such allotment on the same basis.

 

(d)             
Purchase by the Company. Prior to a Public Offering, if a Grantee ceases to be employed by, or provide service
to, the Employer, the Company shall have the right to purchase all or part of any Company Stock distributed to him or her under
this Plan at its then current Fair Market Value (as defined in Section 5(b)) (or at such other price as may be established in the
Grant Instrument); provided, however, that such repurchase shall be made in accordance with applicable accounting rules to avoid
adverse accounting treatment.

 

(e)              
Public Offering. On and after a Public Offering, the Company shall have no further right to purchase shares of
Company Stock under this Section 9.

 

(f)               
Stockholders Agreement. Notwithstanding the provisions of this Section 9, if the Board requires that a Grantee
execute a Stockholders Agreement (as defined below) (or other agreement containing first refusal or repurchase rights) with respect
to any Company Stock distributed pursuant to this Plan, such Grantee shall execute such Stockholders Agreement (or other such agreement)
as a condition to retaining his or her rights to such Company Stock. If such Stockholders Agreement (or other such agreement) contains
a right of first refusal or repurchase right, the provisions of this Section 9 shall not apply to such Company Stock for as long
as those provisions of the Stockholders Agreement (or other agreement) are in effect, unless the Board determines otherwise.

 

10.             
 Change of Control of the Company.

 

(a)              
Definitions.

 

As used in this Plan,
a “Change of Control” shall mean:

 

(i)                
any merger or consolidation in which voting securities of the Company possessing more than 50% of the total combined voting
power of the Company’s outstanding securities are Transferred to a person or persons different from the person holding those
securities immediately prior to such transaction and the composition of the Board following such transaction is such that the directors
of the Company prior to the transaction constitute less than 50% of the Board membership following the transaction;

 

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(ii)             
any acquisition, directly or indirectly, by a person or related group of persons (other than the Company or a person that
directly or indirectly controls, is controlled by, or is under common control with, the Company) of beneficial ownership of voting
securities of the Company possessing more than 50% of the total combined voting power of the Company’s outstanding securities;
provided, however, that, no Change of Control shall be deemed to occur by reason of the acquisition of shares of the Company’s
capital stock by an investor or group of investors in the Company in a capital-raising transaction;

 

(iii)           
any acquisition, directly or indirectly, by a person or related group of persons of the right to appoint a majority of the
directors of the Company or otherwise directly or indirectly control the management, affairs and business of the Company;

 

(iv)            
any sale transfer or other disposition of all or substantially all of the assets of the Company; or

 

(v)              
a complete liquidation or dissolution of the Company.

 

As used in this Section
10, “Transfer” shall include any sale, exchange, assignment, gift, bequest, disposition, mortgage, charge, pledge,
encumbrance, grant of a security interest or other arrangement by which possession, legal title or beneficial ownership passes
from one Person to another, or to the same Person in a different capacity, whether or not voluntarily and whether or not for value,
and including without limitation any merger or amalgamation and any agreement to effect any of the foregoing.

 

(b)             
Assumption of Grants. Upon a Change of Control where the Company is not the surviving corporation (or survives
only as a subsidiary of another corporation), unless the Board determines otherwise, all outstanding Options that are not exercised
shall be assumed by, or replaced with comparable options by the surviving corporation (or a parent or subsidiary of the surviving
corporation), and outstanding Stock Awards shall be converted to Stock Awards of the surviving corporation (or a parent or subsidiary
of the surviving corporation).

 

(c)               Other
Alternatives. Notwithstanding the foregoing, in the event of a Change of Control, the Board may take any of the
following actions with respect to any or all outstanding Grants: the Board may determine that outstanding Options shall
accelerate and become exercisable, in whole or in part, upon the Change of Control or upon such other event as the Board
determines, determine that the restrictions and conditions on outstanding Stock Awards shall lapse, in whole or in part, upon
the Change of Control or upon such other event as the Board determines, require that Grantees surrender their outstanding
Options in exchange for a payment by the Company, in cash or stock as determined by the Board, in an amount equal to the
amount by which the then Fair Market Value of the shares of Company Stock subject to the Grantee’s unexercised Options
exceeds the Exercise Price of the Options or after giving Grantees an opportunity to exercise their outstanding Options,
terminate any or all unexercised Options at such time as the Board deems appropriate. Such surrender or termination shall
take place as of the date of the Change of Control or such other date as the Board may specify. The Board shall have no
obligation to take any of the foregoing actions, and, in the absence of any such actions, outstanding Options and Stock
Awards shall continue in effect according to their terms (subject to any assumption pursuant to subsection (b)).

 

11.             
Requirements for Issuance of Shares.

 

(a)              
Stockholders Agreement. The Board may require that a Grantee become a party to a stockholders agreement, co-sale
agreement and/or a voting agreement, or any similar type of agreement to which the holders of Common Stock generally are parties
(each, a “Stockholders Agreement”), in each case, with such terms as the Board deems appropriate, with respect to any
Company Stock issued pursuant to this Plan, and as a condition to the issuance of such Company Stock in such event, the Grantee
shall be required to execute and deliver to the Company an agreement to be bound by such Stockholders Agreement.

 

    8

     

    

 

(b)             
Limitations on Issuance of Shares. No Company Stock shall be issued in connection with any Grant hereunder unless
and until all legal requirements applicable to the issuance of such Company Stock have been complied with to the satisfaction of
the Board. The Board shall have the right to condition any Grant made to any Grantee hereunder on such Grantee’s undertaking
in writing to comply with such restrictions on his or her subsequent disposition of such shares of Company Stock as the Board shall
deem necessary or advisable, and certificates representing such shares may be legended to reflect any such restrictions. Certificates
representing shares of Company Stock issued under this Plan will be subject to such stop-transfer orders and other restrictions
as may be required by applicable laws, regulations and interpretations, including any requirement that a legend be placed thereon.

 

(c)              
Lock-Up Period. If so requested by the Company or any representative of the underwriters (the “Managing
Underwriter”) in connection with any underwritten offering of securities of the Company under the Securities Act of 1933,
as amended (the “Securities Act”), a Grantee (including any successor or assigns) shall not sell or otherwise transfer
any shares or other securities of the Company during the 30-day period preceding and the 180-day period following the effective
date of a registration statement of the Company filed under the Securities Act for such underwriting (or such shorter period as
may be requested by the Managing Underwriter and agreed to by the Company) (the “Market Standoff Period”). If so requested,
the Grantee shall enter into a separate written agreement to such effect in form and substance requested by the Company or the
Managing Underwriter. The Company may impose stop-transfer instructions with respect to securities subject to the foregoing restrictions
until the end of such Market Standoff Period. Notwithstanding the foregoing, the Company may require that a Grantee execute a
Stockholders Agreement or other agreement containing lock-up provisions. If such Stockholders Agreement or other agreement contains
any lock-up or market standoff provisions that differ from the provisions of this Section 11(c), for as long as the provisions
of such other agreement are in effect, the provisions of this Section 11(c) shall not apply to such Company Stock, unless the
Board determines otherwise.

 

12.             
Amendment and Termination of This Plan.

 

(a)              
Amendment. The Board may amend or terminate this Plan at any time; provided, however, that the Board shall not
amend this Plan without stockholder approval if such approval is required in order to comply with the Code or other applicable
laws, or, after a Public Offering, to comply with applicable stock exchange requirements.

 

(b)             
Termination of This Plan. This Plan shall terminate on the day immediately preceding the tenth anniversary of
its effective date, unless this Plan is terminated earlier by the Board or is extended by the Board with the approval of the stockholders.

 

(c)              
Termination and Amendment of Outstanding Grants. A termination or amendment of this Plan that occurs after a
Grant is made shall not materially impair the rights of a Grantee unless the Grantee consents or unless the Board acts under Section
18(b). The termination of this Plan shall not impair the power and authority of the Board with respect to an outstanding Grant.
Whether or not this Plan has terminated, an outstanding Grant may be terminated or amended under Section 18(b) or may be amended
by agreement of the Company and the Grantee consistent with this Plan.

 

(d)             
Governing Document. This Plan shall be the controlling document. No other statements, representations, explanatory
materials or examples, oral or written, may amend this Plan in any manner. This Plan shall be binding upon and enforceable against
the Company and its successors and assigns.

 

13.             
Funding of This Plan. This Plan shall be unfunded. The Company shall not be required to establish any special
or separate fund or to make any other segregation of assets to assure the payment of any Grants under this Plan. In no event shall
interest be paid or accrued on any Grant, including unpaid installments of Grants.

 

14.             
Rights of Participants. Nothing in this Plan shall entitle any Employee, Key Advisor, Non-Employee Director or
other person to any claim or right to be granted a Grant under this Plan. Neither this Plan nor any action taken hereunder shall
be construed as giving any individual any rights to be retained by or in the employ of the Employer or any other employment rights.

 

15.             
No Fractional Shares. No fractional shares of Company Stock shall be issued or delivered pursuant to this Plan
or any Grant. The Board shall determine whether cash, other awards or other property shall be issued or paid in lieu of such fractional
shares or whether such fractional shares or any rights thereto shall be forfeited or otherwise eliminated.

 

16.             
Headings. Section headings are for reference only. In the event of a conflict between a title and the content
of a Section, the content of the Section shall control.

 

    9

     

    

 

17.             
 Effective Date of This Plan.

 

(a)              
Effective Date. This Plan was originally effective on July 3, 2008. The Plan was amended and restated on April
8, 2010, amended and restated on November 17, 2015, amended on July 1, 2016 and amended and restated on January 17, 2017.

 

(b)             
Public Offering. The provisions of this Plan that refer to a Public Offering, or that refer to, or are applicable
to persons subject to, section 16 of the Exchange Act or section 162(m) of the Code, shall be effective, if at all, upon the initial
registration of the Company Stock under section 12(b) or section 12(g) of the Exchange Act, and shall remain effective thereafter
for as long as such stock is so registered.

 

18.             
Miscellaneous.

 

(a)              
Grants in Connection with Corporate Transactions and Otherwise. Nothing contained in this Plan shall be construed
to limit the right of the Board to make Grants under this Plan in connection with the acquisition, by purchase, lease, merger,
consolidation or otherwise, of the business or assets of any corporation, firm or association, including Grants to employees thereof
who become Employees, or for other proper corporate purposes, or limit the right of the Company to grant stock options or make
other awards outside of this Plan. Without limiting the foregoing, the Board may make a Grant to an employee of another corporation
who becomes an Employee by reason of a corporate merger, consolidation, acquisition of stock or property, reorganization or liquidation
involving the Company, the Parent or any of their subsidiaries in substitution for a stock option or Stock Awards grant made by
such corporation. The terms and conditions of the substitute grants may vary from the terms and conditions required by this Plan
and from those of the substituted stock incentives. The Board shall prescribe the provisions of the substitute grants.

 

(b)             
Compliance with Law. This Plan, the exercise of Options and the obligations of the Company to issue shares of
Company Stock under Grants shall be subject to all applicable laws and to approvals by any governmental or regulatory agency as
may be required. With respect to persons subject to section 16 of the Exchange Act, after a Public Offering it is the intent of
the Company that this Plan and all transactions under this Plan comply with all applicable provisions of Rule 16b-3 or its successors
under the Exchange Act. In addition, it is the intent of the Company that this Plan and applicable Grants under this Plan comply
with the applicable provisions of section 162(m) of the Code, after a Public Offering, and section 422 of the Code. To the extent
that any legal requirement of section 16 of the Exchange Act or section 162(m) or 422 of the Code as set forth in this Plan ceases
to be required under section 16 of the Exchange Act or section 162(m) or 422 of the Code, that Plan provision shall cease to apply.
The Board may revoke any Grant if it is contrary to law or modify a Grant to bring it into compliance with any valid and mandatory
government regulation. The Board may also adopt rules regarding the withholding of taxes on payments to Grantees. The Board may,
in its sole discretion, agree to limit its authority under this Section.

 

(c)               Employees
Subject to Taxation Outside the United States. With respect to Grantees who are subject to taxation in countries
other than the United States, the Board may make Grants on such terms and conditions as the Board deems appropriate to comply
with the laws of the applicable countries, and the Board may create such procedures, addenda and subplans and make such
modifications as may be necessary or advisable to comply with such laws.

 

(d)             
Governing Law. The validity, construction, interpretation and effect of this Plan and Grant Instruments issued
under this Plan shall be governed and construed by and determined in accordance with the laws of the State of Delaware, without
giving effect to the conflict of laws provisions thereof.

 

    10Exhibit 10.3

 

INCENTIVE STOCK OPTION AGREEMENT

 

THIS INCENTIVE
STOCK OPTION AGREEMENT, effective as of [ ], is made by and between Immunome, Inc. (the “Company”), a Delaware
corporation, and [ ] (the “Employee”), an employee of the Company.

 

BACKGROUND:

 

The Company wishes to afford the Employee
the opportunity to purchase shares of the Company’s common stock (the “Common Stock”). The
Company has established Company’s Amended and Restated 2008 Equity Incentive Plan, as amended (the “Plan”), the
terms of which are hereby incorporated by reference and made a part of this Agreement. The Board of Directors of the Company has
determined that it would be in the best interest of the Company to grant the incentive stock option provided for herein to the
Employee as an incentive for increased efforts during the Employee’s employment by the Company, subject to the execution
and delivery of this Agreement.

 

TERMS:

 

NOW, THEREFORE,
in consideration of the mutual covenants herein contained and other good and valuable consideration, receipt of which is hereby
acknowledged, the parties hereto agree as follows:

 

SECTION
1

DEFINITIONS

 

Whenever the following terms are used in
this Agreement, they shall have the meanings specified below unless the context clearly indicates to the contrary:

 

“Act” shall mean the Securities
Act of 1933, as amended.

 

“Cause” shall have the meaning
set forth in Section 5(f)(v)(D) of the Plan.

 

“Change of Control” shall have
the meaning set forth in Section 10(a) of the Plan.

 

“Code” shall mean the Internal
Revenue Code of 1986, as it may be hereafter amended.

 

“Committee” shall mean the Board
of Directors of the Company or the committee appointed by the Board of Directors pursuant to Section 1(a) of the Plan, if one has
been appointed.

 

“Co-Sale Agreement” shall mean
the Right of First Refusal and Co-Sale Agreement dated as of November 18, 2015 among the Company and its stockholders, as such
agreement may be amended and/or superseded from time to time.

 

“Option” shall mean the incentive
stock option granted under this Agreement.

 

“Subsidiary” shall mean
any corporation in an unbroken chain of corporations beginning with the Company if each of the corporations other than the
last corporation in the unbroken chain then owns stock possessing 50% or more of the total combined voting power of all
classes of stock in one of the other corporations in such chain.

 

     

     

    

 

“Termination of Employment”
shall mean the time when the employee-employer relationship between the Employee and the Company (or, for purposes of Section 3.4,
the acquiring or succeeding entity, if applicable) or a Subsidiary is terminated for any reason, including, but not limited to,
a termination by resignation, discharge, death or retirement, but excluding any termination where there is a simultaneous reemployment
by the Company or a Subsidiary. The Committee, in its absolute discretion, shall determine the effect of all matters and questions
relating to a Termination of Employment, including, but not limited to, the question of whether a Termination of Employment resulted
from a discharge for Cause, and all questions of whether a particular leave of absence constitutes a Termination of Employment;
provided, however, that a leave of absence shall constitute a Termination of Employment if, and to the extent that, such leave
of absence interrupts employment for purposes of Section 422(a)(2) of the Code and the then applicable Regulations and Revenue
Rulings under said Section.

 

“Voting Agreement” shall mean
the Voting Agreement dated as of November 18, 2015 among the Company and its stockholders, as such agreement may be amended and/or
superseded from time to time.

 

SECTION
2

GRANT OF OPTION

 

Section
2.1 - Grant of Option

 

In consideration of the Employee’s
employment by the Company and for other good and valuable consideration, on the date hereof the Company grants to the Employee
the Option to purchase any part or all of a total of 5,000 shares of Common Stock upon the terms and conditions set forth in this
Agreement. The Option shall be subject in all respects to the provisions of this Agreement and of the Plan. The Employee acknowledges
that the Employee has received and reviewed a copy of the Plan. The Option is intended to be an incentive stock option under Section
422 of the Code; although the Company makes no representation or guarantee that the Option will qualify as an Incentive Stock Option.
To the extent that the aggregate fair market value on the date of the grant of the Common Stock with respect to which this Option
is exercisable for the first time by the Employee during any calendar year, under the Plan or any other stock option plan of the
Company or a parent or subsidiary, exceeds $100,000, then the Option, or portion thereof which exceed such limit, shall be treated
as a nonqualified stock option.

 

Section
2.2 - Purchase Price

 

The purchase price of the shares of Common
Stock covered by the Option shall be $0.01 per share.

 

Section
2.3 - Adjustments in Option

 

The number of shares subject to issuance
upon exercise of the Option and the purchase price thereof are subject to adjustment in accordance with Section 3(b) of the Plan.

 

    2

     

    

 

SECTION
3

EXERCISABILITY OF OPTION

 

Section
3.1 - Commencement of Exercisability

 

(a)              
Subject to the provisions of this Article 3, the Option shall vest and become exercisable as follows: (i) [    ] shares
shall be vested and exercisable on [    ] and (ii) the remaining [    ] shares shall vest and become exercisable in [   ] consecutive
monthly installments of [    ] shares each beginning on [   ] and continuing through [    ], with a final installment of [    ] shares vesting
and becoming exercisable on [    ]; provided that a Termination of Employment has not occurred prior to the applicable vesting date.

 

(b)              
No portion of the Option that is not exercisable at the time of a Termination of Employment shall thereafter become exercisable.

 

Section
3.2 - Duration of Exercisability

 

Upon vesting, the installments provided
for in Section 3.1 shall be cumulative. Each such installment that vests and becomes exercisable pursuant to Section 3.1 shall
remain exercisable until it becomes unexercisable under Section 3.3 or under the applicable provisions of the Plan.

 

Section
3.3 - Expiration of Option

 

The Option may not be exercised to any extent
after the first to occur of the following events:

 

(a)              
the expiration of ten years from the date the Option was granted;

 

(b)              
the expiration of three months after the date of a Termination of Employment unless such Termination of Employment results
from the Employee’s death, disability (within the meaning of Section 22(e)(3) of the Code) or a termination for Cause;

 

(c)              
The expiration of one year from the date of a Termination of Employment by reason of the Employee’s death or disability
(within the meaning of Section 22(e)(3) of the Code); or

 

(d)              
the date of a Termination of Employment if such Termination of Employment is for Cause.

 

Section
3.4 - Acceleration of Exercisability

 

If a Change of Control shall occur prior
to the termination of the Option pursuant to Section 3.3 and the Option is not then vested in full, the entire unvested portion
of the Option shall vest in full and become immediately exercisable on the effective date of the Termination of Employment.

 

    3

     

    

 

SECTION
4

EXERCISE OF OPTION

 

Section
4.1 - Person Eligible to Exercise

 

During the lifetime of the Employee, only
the Employee may exercise the Option or any portion thereof. After the death of the Employee, any portion of the Option that is
exercisable on the date of the Employee’s death may, prior to the time when the Option may no longer be exercised pursuant
to the provisions of Section 3.3, be exercised by the Employee’s personal representative or by any person empowered to do
so under the Employee’s will or under the then applicable laws of descent and distribution.

 

Section
4.2 - Partial Exercise

 

The Option, or any exercisable portion thereof,
may be exercised, in whole or in part, at any time prior to the time when the Option or portion thereof may no longer be exercised
pursuant to the provisions of Section 3.3; provided, however, that each partial exercise shall be for whole shares only.

 

Section
4.3 - Manner of Exercise

 

The Option, or any exercisable portion thereof,
may be exercised solely by delivery to the Secretary of the Company of all of the following prior to the time when the Option or
such portion may no longer be exercised pursuant to the provisions of Section 3.3:

 

(a)              
Notice in writing signed by the Employee or the other person then entitled to exercise the Option, stating that the Option
or a portion thereof is thereby exercised, such notice complying with all applicable rules established by the Committee;

 

(b)              
(i)       Full payment (in cash or by check) for the shares with respect to which the Option or portion is exercised; or

 

(ii)       If
the Committee shall so permit, shares of Common Stock owned by the Employee duly endorsed for transfer to the Company with a fair
market value on the date of delivery equal to the aggregate purchase price of the shares with respect to which such Option or portion
is exercised; or

 

(iii)      If
the Committee shall so permit, shares of Common Stock issuable in connection with the exercise of the Option with a fair market
value on the date of exercise equal to the aggregate purchase price of the shares with respect to which such Option or portion
is exercised; or

 

(iv)      If
the Committee shall so permit, a combination of the consideration provided in the foregoing Sections 4.3(b)(i), 4.3(b)(ii) and
4.3(b)(iii);

    4

     

    

 

(c)               A
bona fide written representation and agreement in a form satisfactory to the Committee, signed by the Employee or other
person then entitled to exercise such Option or portion, stating that the shares of Common Stock are being acquired for the
Employee’s own account, for investment and without any present intention of distributing or reselling said shares or
any of them except as may be permitted under the Act and then applicable rules and regulations thereunder, and that the
Employee or other person then entitled to exercise the Option or portion will indemnify the Company against and hold it free
and harmless from any loss, damage, expense or liability resulting to the Company if any sale or distribution of the shares
by such person is contrary to the representation and agreement referred to above. The Committee may, in its absolute
discretion, take whatever additional actions it deems appropriate to ensure the observance and performance of such
representation and agreement and to effect compliance with the Act and any other federal or state securities laws or
regulations. Without limiting the generality of the foregoing, the Committee may require an opinion of counsel acceptable to
it to the effect that any subsequent transfer of the shares acquired upon the exercise of the Option does not violate the Act
and may issue stop-transfer orders covering such shares. Share certificates evidencing the Common Stock issued upon the
exercise of the Option shall bear an appropriate legend referring to the provisions of this Section 4.3(c) and Section 5.2
and the agreements herein and therein. The written representation and agreement referred to in the first sentence of this
Section 4.3(c) shall, however, not be required if the shares to be issued pursuant to such exercise have been registered
under the Act and such registration is then effective in respect of such shares;

 

(d)              
Written joinders to the Voting Agreement and Co-Sale Agreement, if such agreements shall be in effect, as provided in Section
5.2 hereof; and

 

(e)              
In the event the Option or portion shall be exercised pursuant to Section 4.1 by any person other than the Employee, appropriate
proof of the right of such person to exercise the Option.

 

Section
4.4 - Conditions to Issuance of Shares

 

The shares of Common Stock deliverable upon
the exercise of the Option, or any portion thereof, may be either previously authorized but unissued shares or treasury shares.
Such shares shall be fully paid and nonassessable. The Company shall not be required to issue any shares of Common Stock purchased
upon the exercise of the Option or portion thereof prior to fulfillment of all of the following conditions:

 

(a)              
The admission of such shares to listing on all stock exchanges on which such class of stock is then listed;

 

(b)              
The completion of any registration or other qualification of such shares under any state or federal law or under rulings
or regulations of the Securities and Exchange Commission or of any other governmental regulatory body, which the Committee shall,
in its absolute discretion, deem necessary or advisable;

 

(c)              
The obtaining of any approval or other clearance from any state or federal governmental agency which the Committee shall,
in its absolute discretion, determine to be necessary or advisable; and

 

(d)              
The lapse of such reasonable period of time following the exercise of the Option as the Committee may from time to time
establish for reasons of administrative convenience.

 

    5

     

    

 

Section 4.5 - No Rights as a Stockholder

 

The holder of the Option shall not be, and
shall not have any of the rights or privileges of, a stockholder of the Company in respect of any shares purchasable upon the exercise
of any part of the Option unless and until such part of the Option is exercised in accordance with its terms.

 

SECTION
5

TRANSFER OF OPTIONS AND SHARES

 

Section
5.1 - Options Not Transferable

 

Neither the Option nor any interest or right
therein or part thereof shall be liable for the debts, contracts or engagements of the Employee or the Employee’s successors
in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other
means whether such disposition shall be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment
or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void
and of no effect; provided, however, that this Section 5.1 shall not prevent transfers by will or by the applicable laws of descent
and distribution.

 

Section
5.2 - Joinders to Agreements

 

As a condition to the exercise of the Option
or any portion thereof, the Employee or other person entitled to exercise the Option shall enter into written joinders to the Voting
Agreement and the Co-Sale Agreement. In the event that the Voting Agreement or the Co-Sale Agreement, each as then in effect, contain
any term(s) that conflict with the provisions of this Agreement, the term(s) of the Voting Agreement and/or the Co-Sale Agreement
shall prevail insofar as they conflict with this Agreement.

 

Section
5.3 - Notification of Disposition

 

The Employee shall give prompt notice to
the Company of any disposition or other transfer of any shares of Common Stock acquired upon the exercise of the Option if such
disposition or transfer is made (a) within two years from the date of this Agreement or (b) within one year after the
transfer of such shares to the Employee pursuant to the exercise of this Option. Such notice shall specify the date of such disposition
or other transfer and the amount realized, in cash, other property, assumption of indebtedness or other consideration, by the Employee
in such disposition or other transfer.

 

SECTION
6

MISCELLANEOUS

 

Section
6.1 - Administration

 

The Committee shall have the power to
interpret the Plan and this Agreement and to adopt such rules for the administration, interpretation and application of the
Plan as are consistent therewith and to interpret or revoke any such rules. All actions taken and all interpretations and
determinations made by the Committee in good faith shall be final and binding upon the Employee, the Company and all other
interested persons. No member of the Committee shall be personally liable for any action, determination or interpretation
made in good faith with respect to the Plan or the Option.

 

    6

     

    

 

Section
6.2 - Withholding and Tax Liability

 

All amounts that, under federal, state or
local law, are required to be withheld from the amount payable with respect to any Option shall be withheld by the Company; provided,
that whether or not there is any such withholding, the ultimate responsibility for all taxes is and remains the Employee’s
responsibility. Whenever the Company proposes or is required to issue or transfer shares of Common Stock, the Company shall have
the right to require the recipient to remit to the Company an amount sufficient to satisfy any federal, state or local withholding
tax requirements prior to the delivery of any certificate or certificates for such shares.

 

Section
6.3 - No Right of Continued Employment

 

Nothing contained in this Agreement or in
the Plan shall confer upon the Employee any right to continue in the employ of the Company or any Subsidiary or shall interfere
with or restrict in any way the rights of the Company and any Subsidiary, which are hereby expressly reserved, to discharge the
Employee at any time for any reason whatsoever, with or without Cause.

 

Section
6.4 - Notices

 

Any notice to be given under the terms of
this Agreement to the Company shall be addressed to the Company at its principal place of business in care of its Secretary, and
any notice to be given to the Employee shall be addressed to the Employee at the address given beneath the Employee’s signature
hereto. By a notice given pursuant to this Section 6.4, either party may hereafter designate a different address for notices to
be given to such party. Any notice that is required to be given to the Employee shall, if the Employee is then deceased, be given
to the Employee’s personal representative if such representative has previously informed the Company of his or her status
and address by written notice under this Section 6.4. Any notice shall have been deemed duly given when addressed as aforesaid
and deposited (with postage prepaid) in the United States mail or sent by overnight courier (with charges prepaid).

 

Section
6.5 - Survival

 

Each provision of this Agreement that, by
its terms, is intended to survive beyond the exercise of the Option shall continue in effect thereafter until such time as such
term shall no longer apply.

 

Section
6.6 - Amendment

 

This Agreement may be amended by a written
instrument signed by the Company and the Employee.

 

    7

     

    

 

Section 6.7 - Entire Agreement

 

This Agreement and the Plan set forth the
entire understanding of the parties with respect to the subject matter hereof and supersede all prior agreements and understandings
between the parties regarding the Option.

 

Section
6.8 - Successors and Assigns

 

This Agreement shall inure to the successors
and assigns of the parties; provided, however, that neither this Agreement nor any rights hereunder may be assigned by the Employee
except to the extent expressly permitted by this Agreement.

 

Section
6.9 - Governing Law

 

This Agreement shall be construed and interpreted
in accordance with the laws of the State of Delaware without regard to conflict of law principles.

 

Section
6.10 - Titles

 

Titles are provided herein for convenience
only and are not to serve as a basis for interpretation or construction of this Agreement.

 

Section
6.11 - Counterparts; Facsimile or Electronic Transmission

 

This Agreement may be executed by the parties
on separate counterparts, both of which shall be an original and both of which together shall constitute one and the same agreement.
A facsimile or electronic transmission of a scanned copy of a signed counterpart signature page hereto shall be deemed to be an
originally executed copy for purposes of this Agreement.

 

(Signature Page Follows)

 

    8

     

    

 

IN WITNESS
WHEREOF, this Agreement has been executed and delivered by the parties hereto.

 

	 	IMMUNOME, INC.
	 	 
	 	 
	 	By:	            
	 	 
	 	 
	 	 
	 	Address of Employee:
	 	 
	 	 
	 	 
	 	 
	 	Employee’s Tax Identification Number:
	 	 

 

    9

     

    

 

[Insert Exercise Date]

 

Immunome, Inc.

665 Stockton Drive,

Suite 300

Exton, PA 19341

 

Re:Stock Option Exercise Agreement

 

Ladies and Gentlemen:

 

Reference is made to the [Incentive/Nonqualified]
Stock Option Agreement (the “Option Agreement”) dated [Insert Date of Agreement], pursuant to which I was granted
incentive stock options (the “Options”) for the purchase of up to [Insert Number of Shares] shares of Common
Stock of Immunome, Inc. (the “Company”), at an exercise price of $[Insert Exercise Price] per share. Options
to purchase [Number of Shares] shares are currently vested and exercisable.

 

Pursuant to Section 4.3 of the Option Agreement,
I hereby notify the Company of my exercise of Options for the purchase of [Number of Shares] shares (the “Shares”)
of the Company’s Common Stock. Enclosed is a check in the amount of $[Aggregate Exercise Price] in payment of the
exercise price for the Shares at the exercise price of $[Per Share Exercise Price] per Share.

 

In connection with my exercise of the Options,
I hereby represent and warrant to, and agree with, the Company as follows:

 

1.                 
I am aware of the Company’s business affairs and financial condition and have acquired sufficient information about
the Company to reach an informed and knowledgeable decision to acquire the Shares. I understand that the Company is an early stage
company and the purchase of the Shares involves substantial risks, including the risk that the Shares could decline in value and
the risk that I could lose my entire investment.

 

2.                 
The Shares are being acquired for my own account, for investment and without any current intention of distributing or reselling
the Shares, or any of them, except as may be permitted by the Securities Act of 1933, as amended (the “Securities Act”),
and the then applicable rules and regulations thereunder.

 

3.                 
I understand that the Shares have not been registered under the Securities Act by reason of an exemption therefrom, which
exemption depends upon, among other things, the bona fide nature of my investment intent as expressed herein.

 

4.                 
I understand that there are substantial restrictions on the sale or other transfer of the Shares. I further acknowledge
and understand that the Shares must be held indefinitely unless they are either subsequently registered under the Securities Act
or an exemption from such registration is available and that the Company is under no obligation to register the Shares.

 

     

     

    

 

5.                 
 I hereby agree to indemnify the Company against and hold the Company free and harmless from any loss, damage, expense or
liability resulting to the Company if any sale or distribution of the Shares by me is contrary to the representations and warranties
set forth above.

 

6.                 
I agree that all of the provisions of the Option Agreement that, by their terms, are intended to survive my exercise of
the Options shall continue in effect from and after the date of exercise. I further agree that the Shares shall at all times be
subject to the terms and conditions of the Immunome, Inc. Amended and Restated 2008 Equity Incentive Plan (the “Plan”),
including, without limitation, the transfer restrictions and repurchase provisions set forth in the Plan.

 

7.                 
I agree to become a party to a stockholders agreement, voting agreement, right of first refusal agreement or similar agreement
(if any) that the Company and its stockholders may enter into from time to time.

 

(Signature page follows.)

 

    2

     

    

 

IN WITNESS
WHEREOF, and intending to be legally bound, I have executed this Stock Option Exercise Agreement as of the date set forth
below.

 

	Date: [Date of Exercise]	
	 	[Name of Optionee]

 

    3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00313-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00313-of-00352.parquet"}]]