Document:

EX-10.3

 Exhibit 10.3 

FASTLY, INC. 

2011 EQUITY INCENTIVE PLAN 

OPTION AGREEMENT 

(INCENTIVE STOCK OPTION OR NONSTATUTORY STOCK
OPTION) 
 Pursuant to your Stock Option Grant Notice (“Grant Notice”) and this Option Agreement,
Fastly, Inc. (the “Company”) has granted you an option under its 2011 Equity Incentive Plan (the “Plan”) to purchase the number of shares of the Company’s Common Stock indicated in your Grant
Notice at the exercise price indicated in your Grant Notice. Defined terms not explicitly defined in this Option Agreement but defined in the Plan shall have the same definitions as in the Plan. 

The details of your option are as follows: 

1. VESTING. Subject to the limitations contained herein, your option will vest as provided in your Grant Notice,
provided that vesting will cease upon the termination of your Continuous Service. 
 2. NUMBER OF
SHARES AND EXERCISE PRICE. The number of shares of Common Stock subject to your option and your exercise price per share referenced in your Grant Notice may be adjusted from time to
time for Capitalization Adjustments. 
 3. EXERCISE RESTRICTION FOR
NON-EXEMPT EMPLOYEES. In the event that you are an Employee eligible for overtime compensation under the Fair Labor Standards Act of 1938, as amended
(i.e., a “Non-Exempt Employee”), you may not exercise your option until you have completed at least six (6) months of Continuous Service measured from the Date of Grant
specified in your Grant Notice, notwithstanding any other provision of your option. 
 4. EXERCISE
PRIOR TO VESTING (“EARLY EXERCISE”). If permitted in your Grant Notice (i.e., the “Exercise Schedule” indicates “Early Exercise
Permitted”) and subject to the provisions of your option, you may elect at any time that is both (i) during the period of your Continuous Service and (ii) during the term of your option, to exercise all or part of your option,
including the unvested portion of your option; provided, however, that: 
 (a) a partial exercise of your option shall be
deemed to cover first vested shares of Common Stock and then the earliest vesting installment of unvested shares of Common Stock; 

(b) any shares of Common Stock so purchased from installments that have not vested as of the date of exercise shall be subject to the
purchase option in favor of the Company as described in the Company’s form of Early Exercise Stock Purchase Agreement; 
 (c) you
shall enter into the Company’s form of Early Exercise Stock Purchase Agreement with a vesting schedule that will result in the same vesting as if no early exercise had occurred; and 

  
 1. 

 (d) if your option is an Incentive Stock Option, then, to the extent that the
aggregate Fair Market Value (determined at the time of grant) of the shares of Common Stock with respect to which your option plus all other Incentive Stock Options you hold are exercisable for the first time by you during any calendar year (under
all plans of the Company and its Affiliates) exceeds one hundred thousand dollars ($100,000), your option(s) or portions thereof that exceed such limit (according to the order in which they were granted) shall be treated as Nonstatutory Stock
Options. 
 5. METHOD OF PAYMENT. Payment of the exercise price is due in full
upon exercise of all or any part of your option. You may elect to make payment of the exercise price in cash or by check or in any other manner permitted by your Grant Notice, which may include one or more of the following: 

(a) Provided that at the time of exercise the Common Stock is publicly traded and quoted regularly in The Wall Street Journal,
pursuant to a program developed under Regulation T as promulgated by the Federal Reserve Board that, prior to the issuance of Common Stock, results in either the receipt of cash (or check) by the Company or the receipt of irrevocable instructions to
pay the aggregate exercise price to the Company from the sales proceeds. 
 (b) Provided that at the time of exercise the Common Stock
is publicly traded and quoted regularly in The Wall Street Journal, by delivery to the Company (either by actual delivery or attestation) of already-owned shares of Common Stock that are owned free and clear of any liens, claims, encumbrances
or security interests, and that are valued at Fair Market Value on the date of exercise. Notwithstanding the foregoing, you may not exercise your option by tender to the Company of Common Stock to the extent such tender would violate the provisions
of any law, regulation or agreement restricting the redemption of the Company’s stock. 
 6. WHOLE
SHARES. You may exercise your option only for whole shares of Common Stock. 
 7. SECURITIES
LAW COMPLIANCE. Notwithstanding anything to the contrary contained herein, you may not exercise your option unless the shares of Common Stock issuable upon such exercise are then registered under the Securities Act
or, if such shares of Common Stock are not then so registered, the Company has determined that such exercise and issuance would be exempt from the registration requirements of the Securities Act. The exercise of your option also must comply with
other applicable laws and regulations governing your option, and you may not exercise your option if the Company determines that such exercise would not be in material compliance with such laws and regulations. 

8. TERM. You may not exercise your option before the commencement or after the expiration of its term. The term
of your option commences on the Date of Grant and expires upon the earliest of the following: 
 (a) immediately upon the termination
of your Continuous Service for Cause; 
 (b) three (3) months after the termination of your Continuous Service for any reason
other than your Disability or death, provided that if during any part of such three (3) month period your option is not exercisable solely because of the condition set forth in the section above relating to “Securities Law
Compliance,” your option shall not expire until the earlier of the Expiration Date or until it shall have been exercisable for an aggregate period of three (3) months after the termination of your Continuous Service; 

  
 2. 

 (c) twelve (12) months after the termination of your Continuous Service due to
your Disability; 
 (d) eighteen (18) months after your death if you die during your Continuous Service; 

(e) in certain circumstances upon the effective date of a Corporate Transaction as set forth in the Plan; 

(f) the Expiration Date indicated in your Grant Notice; or 

(g) the day before the tenth (10th) anniversary of the Date of Grant. 

Notwithstanding the foregoing, if you die during the period provided in Section 8(b) or 8(c) above, the term of your option shall not
expire until the earlier of eighteen (18) months after your death, the Expiration Date indicated in your Grant Notice, or the day before the tenth (10th) anniversary of the Date of Grant.

 If your option is an Incentive Stock Option, note that to obtain the federal income tax advantages associated with an Incentive Stock
Option, the Code requires that at all times beginning on the date of grant of your option and ending on the day three (3) months before the date of your option’s exercise, you must be an employee of the Company or an Affiliate, except in
the event of your death or Disability. The Company has provided for extended exercisability of your option under certain circumstances for your benefit but cannot guarantee that your option will necessarily be treated as an Incentive Stock Option if
you continue to provide services to the Company or an Affiliate as a Consultant or Director after your employment terminates or if you otherwise exercise your option more than three (3) months after the date your employment with the Company or
an Affiliate terminates. 
 9. EXERCISE. 

(a) You may exercise the vested portion of your option (and the unvested portion of your option if your Grant Notice so permits) during
its term by delivering a Notice of Exercise (in a form designated by the Company) together with the exercise price to the Secretary of the Company, or to such other person as the Company may designate, during regular business hours, together with
such additional documents as the Company may then require. 
 (b) By exercising your option you agree that, as a condition to any
exercise of your option, the Company may require you to enter into an arrangement providing for the payment by you to the Company of any tax withholding obligation of the Company arising by reason of (1) the exercise of your option,
(2) the lapse of any substantial risk of forfeiture to which the shares of Common Stock are subject at the time of exercise, or (3) the disposition of shares of Common Stock acquired upon such exercise. 

  
 3. 

 (c) If your option is an Incentive Stock Option, by exercising your option you agree
that you will notify the Company in writing within fifteen (15) days after the date of any disposition of any of the shares of the Common Stock issued upon exercise of your option that occurs within two (2) years after the date of your
option grant or within one (1) year after such shares of Common Stock are transferred upon exercise of your option. 
 (d) By
exercising your option you agree that you shall not sell, dispose of, transfer, make any short sale of, grant any option for the purchase of, or enter into any hedging or similar transaction with the same economic effect as a sale, any shares of
Common Stock or other securities of the Company held by you, for a period of one hundred eighty (180) days following the effective date of a registration statement of the Company filed under the Securities Act or such longer period as necessary
to permit compliance with FINRA Rule 2711 and similar or successor regulatory rules and regulations (the “Lock-Up Period”); provided, however, that nothing contained in this
section shall prevent the exercise of a repurchase option, if any, in favor of the Company during the Lock-Up Period. You further agree to execute and deliver such other agreements as may be reasonably
requested by the Company and/or the underwriter(s) that are consistent with the foregoing or that are necessary to give further effect thereto. In order to enforce the foregoing covenant, the Company may impose stop-transfer instructions with
respect to your shares of Common Stock until the end of such period. The underwriters of the Company’s stock are intended third party beneficiaries of this Section 9(d) and shall have the right, power and authority to enforce the
provisions hereof as though they were a party hereto. 
 10. TRANSFERABILITY. Your option is not transferable,
except by will or by the laws of descent and distribution, and is exercisable during your life only by you. Notwithstanding the foregoing, by delivering written notice to the Company, in a form satisfactory to the Company, you may designate a third
party who, in the event of your death, shall thereafter be entitled to exercise your option. In addition, if permitted by the Company you may transfer your option to a trust if you are considered to be the sole beneficial owner (determined under
Section 671 of the Code and applicable state law) while the option is held in the trust, provided that you and the trustee enter into a transfer and other agreements required by the Company. 

11. RIGHT OF FIRST REFUSAL. Shares of Common Stock that you acquire
upon exercise of your option are subject to any right of first refusal that may be described in the Company’s bylaws in effect at such time the Company elects to exercise its right; provided, however, that if your option is an Incentive
Stock Option and the right of first refusal described in the Company’s bylaws in effect at the time the Company elects to exercise its right is more beneficial to you than the right of first refusal described in the Company’s bylaws on the
Date of Grant, then the right of first refusal described in the Company’s bylaws on the Date of Grant shall apply. The Company’s right of first refusal shall expire on the first date upon which any security of the Company is listed (or
approved for listing) upon notice of issuance on a national securities exchange or quotation system. 
 12. RIGHT
OF REPURCHASE. To the extent provided in the Company’s bylaws in effect at such time the Company elects to exercise its right, the Company shall have the right to repurchase all or any part of the shares of
Common Stock you acquire pursuant to the exercise of your option. 

  
 4. 

 13. OPTION NOT A
SERVICE CONTRACT. Your option is not an employment or service contract, and nothing in your option shall be deemed to create in any way whatsoever any obligation on your part to continue in the employ of the Company
or an Affiliate, or of the Company or an Affiliate to continue your employment. In addition, nothing in your option shall obligate the Company or an Affiliate, their respective stockholders, Boards of Directors, Officers or Employees to continue any
relationship that you might have as a Director or Consultant for the Company or an Affiliate. 
 14. WITHHOLDING
OBLIGATIONS. 
 (a) At the time you exercise your option, in whole or in part, or at any time thereafter as
requested by the Company, you hereby authorize withholding from payroll and any other amounts payable to you, and otherwise agree to make adequate provision for (including by means of a “cashless exercise” pursuant to a program developed
under Regulation T as promulgated by the Federal Reserve Board to the extent permitted by the Company), any sums required to satisfy the federal, state, local and foreign tax withholding obligations of the Company or an Affiliate, if any, which
arise in connection with the exercise of your option. 
 (b) Upon your request and subject to approval by the Company, in its sole
discretion, and compliance with any applicable legal conditions or restrictions, the Company may withhold from fully vested shares of Common Stock otherwise issuable to you upon the exercise of your option a number of whole shares of Common Stock
having a Fair Market Value, determined by the Company as of the date of exercise, not in excess of the minimum amount of tax required to be withheld by law (or such lower amount as may be necessary to avoid classification of your option as a
liability for financial accounting purposes). If the date of determination of any tax withholding obligation is deferred to a date later than the date of exercise of your option, share withholding pursuant to the preceding sentence shall not be
permitted unless you make a proper and timely election under Section 83(b) of the Code, covering the aggregate number of shares of Common Stock acquired upon such exercise with respect to which such determination is otherwise deferred, to
accelerate the determination of such tax withholding obligation to the date of exercise of your option. Notwithstanding the filing of such election, shares of Common Stock shall be withheld solely from fully vested shares of Common Stock determined
as of the date of exercise of your option that are otherwise issuable to you upon such exercise. Any adverse consequences to you arising in connection with such share withholding procedure shall be your sole responsibility. 

(c) You may not exercise your option unless the tax withholding obligations of the Company and/or any Affiliate are satisfied.
Accordingly, you may not be able to exercise your option when desired even though your option is vested, and the Company shall have no obligation to issue a certificate for such shares of Common Stock or release such shares of Common Stock from any
escrow provided for herein unless such obligations are satisfied. 
 15. TAX
CONSEQUENCES. You hereby agree that the Company does not have a duty to design or administer the Plan or its other compensation programs in a manner that minimizes your tax liabilities. You shall not make any claim
against the Company, or any of its Officers, Directors, Employees or Affiliates related to tax liabilities arising from your option or your other compensation. In particular, you acknowledge that this option is exempt from Section 409A of

  
 5. 

 
the Code only if the exercise price per share specified in the Grant Notice is at least equal to the “fair market value” per share of the Common Stock on the Date of Grant and there is
no other impermissible deferral of compensation associated with the option. Because the Common Stock is not traded on an established securities market, the Fair Market Value is determined by the Board, perhaps in consultation with an independent
valuation firm retained by the Company. You acknowledge that there is no guarantee that the Internal Revenue Service will agree with the valuation as determined by the Board, and you shall not make any claim against the Company, or any of its
Officers, Directors, Employees or Affiliates in the event that the Internal Revenue Service asserts that the valuation determined by the Board is less than the “fair market value” as subsequently determined by the Internal Revenue Service.

 16. NOTICES. Any notices provided for in your option or the Plan shall be given in writing and shall be
deemed effectively given upon receipt or, in the case of notices delivered by mail by the Company to you, five (5) days after deposit in the United States mail, postage prepaid, addressed to you at the last address you provided to the Company.

 17. GOVERNING PLAN DOCUMENT. Your option is subject to all the provisions of
the Plan, the provisions of which are hereby made a part of your option, and is further subject to all interpretations, amendments, rules and regulations, which may from time to time be promulgated and adopted pursuant to the Plan. In the event of
any conflict between the provisions of your option and those of the Plan, the provisions of the Plan shall control. 

  
 6. 

 FASTLY, INC. 

STOCK OPTION GRANT NOTICE 

(2011 EQUITY INCENTIVE PLAN) 

Fastly, Inc. (the “Company”), pursuant to its 2011 Equity Incentive Plan (the “Plan”), hereby grants to
Optionholder an option to purchase the number of shares of the Company’s Common Stock set forth below. This option is subject to all of the terms and conditions as set forth herein and in the Option Agreement, the Plan, and the Notice of
Exercise, all of which are attached hereto and incorporated herein in their entirety. 
  

					
	 Optionholder:
	 	  
	 	
	 Date of Grant:
	 	  
	 	                        
	 Vesting Commencement Date:
	 	  
	 	
	 Number of Shares Subject to Option:
	 	  
	 	
	 Exercise Price (Per Share):
	 	  
	 	
	 Total Exercise Price:
	 	  
	 	
	 Expiration Date:
	 	  
	 	

  

					
	Type of Grant:	  	☐ Incentive Stock Option1	  	☐ Nonstatutory Stock Option
			
	Exercise Schedule:	  	☐ Same as Vesting Schedule	  	☐ Early Exercise Permitted
		
	Vesting Schedule:	  	[1/4th of the shares vest one year after the Vesting Commencement Date; the balance of the shares vest in a series of
thirty-six (36) successive equal monthly installments measured from the first anniversary of the Vesting Commencement Date.]
		
	Payment:	  	By one or a combination of the following items (described in the Option Agreement):
			
		  	☒ By cash or check	  	
		  	☐ By net exercise2	  	

 Additional Terms/Acknowledgements: The undersigned Optionholder acknowledges receipt of, and understands and agrees to,
this Stock Option Grant Notice, the Option Agreement and the Plan. Optionholder acknowledges and agrees that this Stock Option Grant Notice and the Option Agreement may not be modified, amended or revised except in a writing signed by Optionholder
and a duly authorized officer of the Company. Optionholder further acknowledges that as of the Date of Grant, this Stock Option Grant Notice, the Option Agreement, and the Plan set forth the entire understanding between Optionholder and the Company
regarding the acquisition of stock in the Company and supersede all prior oral and written agreements, promises and/or representations on that subject with the exception of (i) options previously granted and delivered to Optionholder under the
Plan, and (ii) the following agreements only: 
  

					
	 OTHER AGREEMENTS:
	  	  
	  	

  

							
	 FASTLY, INC.
	 	
                
	 	 OPTIONHOLDER:

				
	 By:
	 	  
	 		 	  

	Signature	 		 	Signature
	 Title:
	 	  
	 		 	
Date:                  
                                         
                              

	 Date:
	 	  
	 		 	

 ATTACHMENTS: Option Agreement, 2011 Equity Incentive Plan and Notice of Exercise 

 

	1 	 If this is an Incentive Stock Option, it (plus other outstanding Incentive Stock Options) cannot be first
exercisable for more than $100,000 in value (measured by exercise price) in any calendar year. Any excess over $100,000 is a Nonstatutory Stock Option. 

	2 	 An Incentive Stock Option may not be exercised by a net exercise arrangement. 

  
 7. 

 ATTACHMENT I 

OPTION AGREEMENT 

  
 8. 

 ATTACHMENT II 

2011 EQUITY INCENTIVE PLAN 

  
 9. 

 ATTACHMENT III 

NOTICE OF EXERCISE 

  
 10. 

 NOTICE OF EXERCISE 

Fastly, Inc. 
 475 Brannan, Suite 300 

			
	San Francisco, CA 94107	  	Date of Exercise: _______________

 Ladies and Gentlemen: 

This constitutes notice under my stock option that I elect to purchase the number of shares for the price set forth below. 

 

					
	 Type of option (check one):
	  	Incentive ☐	  	Nonstatutory ☐
			
	 Stock option dated:
	  	                            	  	
			
	 Number of shares as to which option is exercised:
	  	                            	  	
			
	 Certificates to be issued in name of:
	  	                            	  	
			
	 Total exercise price:
	  	$______________	  	
			
	 Cash payment delivered herewith:
	  	$______________	  	

 By this exercise, I agree (i) to provide such additional documents as you may require pursuant to the
terms of the Fastly, Inc. 2011 Equity Incentive Plan, (ii) to provide for the payment by me to you (in the manner designated by you) of your withholding obligation, if any, relating to the exercise of this option, and (iii) if this
exercise relates to an incentive stock option, to notify you in writing within fifteen (15) days after the date of any disposition of any of the shares of Common Stock issued upon exercise of this option that occurs within two (2) years
after the date of grant of this option or within one (1) year after such shares of Common Stock are issued upon exercise of this option. 

I hereby make the following certifications and representations with respect to the number of shares of Common Stock of the Company listed
above (the “Shares”), which are being acquired by me for my own account upon exercise of the Option as set forth above: 

I acknowledge that the Shares have not been registered under the Securities Act of 1933, as amended (the “Securities
Act”), and are deemed to constitute “restricted securities” under Rule 701 and “control securities” under Rule 144 promulgated under the Securities Act. I warrant and represent to the Company that I have no present
intention of distributing or selling said Shares, except as permitted under the Securities Act and any applicable state securities laws. 

  
 11. 

 I further acknowledge that I will not be able to resell the Shares for at least ninety days
(90) after the stock of the Company becomes publicly traded (i.e., subject to the reporting requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934) under Rule 701 and that more restrictive conditions apply to
affiliates of the Company under Rule 144. 
 I further acknowledge that all certificates representing any of the Shares subject to the
provisions of the Option shall have endorsed thereon appropriate legends reflecting the foregoing limitations, as well as any legends reflecting restrictions pursuant to the Company’s Certificate of Incorporation, Bylaws and/or applicable
securities laws. 
 I further agree that, if required by the Company (or a representative of the underwriters) in connection with the first
underwritten registration of the offering of any securities of the Company under the Securities Act, I will not sell, dispose of, transfer, make any short sale of, grant any option for the purchase of, or enter into any hedging or similar
transaction with the same economic effect as a sale, any shares of Common Stock or other securities of the Company for a period of one hundred eighty (180) days following the effective date of a registration statement of the Company filed under
the Securities Act or such longer period as necessary to permit compliance with FINRA Rule 2711 and similar rules and regulations. I further agree to execute and deliver such other agreements as may be reasonably requested by the Company and/or the
underwriter(s) that are consistent with the foregoing or that are necessary to give further effect thereto. In order to enforce the foregoing covenant, the Company may impose stop-transfer instructions with
respect to securities subject to the foregoing restrictions until the end of such period. 
  

	
	 Very truly yours,
  

	
	Address:                                     
                                         
      
	
	  

  
 12.EX-10.9

 Exhibit 10.9 

INDEPENDENT CONTRACTOR SERVICES AGREEMENT 

[Non-U.S. Contractors] 

THIS AGREEMENT is made as of October 28_, 2013, (“Effective Date”) by and
between FASTLY, INC. and its successors or assignees (“Company”) and the undersigned [POSSIBILITIES TRAINING GROUP] (“Contractor”). 

 

 1. ENGAGEMENT OF SERVICES. Company may from time to time
submit a Statement of Work (“SOW”) to Contractor substantially in the form of Exhibit A to this Agreement. Subject to the terms of this Agreement, Contractor will provide the services set forth in each SOW accepted by
Contractor (the “Project(s)”) by the completion dates set forth therein. The manner and means that Contractor chooses to complete the Projects are in Contractor’s sole discretion and control. Contractor shall perform the
services necessary to complete the Projects in a timely and professional manner consistent with industry standards and at a location, place and time that Contractor deems appropriate. In completing the Projects, Contractor agrees to provide its own
equipment, tools, and other materials at its own expense; however, Company will make its facilities and equipment available to Contractor when necessary. 

2. COMPENSATION. 
 2.1
Fees. Company will pay Contractor the fee specified in each SOW as Contractor’s sole compensation for the Project, provided such Project meets the terms of the SOW and this Agreement and is of a quality consistent with industry standards.
Contractor shall be responsible for all expenses incurred in performing services under this Agreement, except as set forth in the SOW. Upon termination of this Agreement for any reason prior to completion of an SOW, Company will pay Contractor fees
and expenses on the basis stated in the SOW for authorized work which is then in progress, within thirty (30) days of the later of Contractor’s invoice and the effective date of such termination. 

2.2 Invoicing. Unless otherwise provided in the applicable SOW: (a) payment to Contractor of undisputed fees will be due
thirty (30) days following Company’s receipt of an invoice which contains accurate records of the work performed sufficient to document the invoiced fees; and (b) Contractor will submit invoices to Company upon completion of the
milestones specified in the applicable SOW or, if no such milestones are specified, on a monthly basis for authorized services performed in the previous month. 

3. INDEPENDENT CONTRACTOR RELATIONSHIP. Contractor’s relationship with Company will be that of an
independent contractor, and nothing in this Agreement should be construed to create a partnership, joint venture, or employer-employee relationship. Contractor: (a) is not the agent of Company; (b) is not authorized to make any
representation, contract, or commitment, whether in writing or not, on behalf of Company; (c) will not be entitled to any of the benefits that Company makes available to its employees, such as group insurance, profit-sharing or retirement
benefits (and waives the right to receive any such benefits); and (d)

 will be solely responsible for all tax returns and payments required to be filed with or made to any federal,
state, or local tax authority with respect to Contractor’s performance of services and receipt of fees under this Agreement, including but not limited to any taxes, payments or contributions (including but not limited to social contributions)
required under the laws of Canada. In this regard, to the extent applicable, Contractor represents and warrants that it pays all required contributions to any applicable organizations or agencies as an independent contractor, and complies
with all mandatory requirements applicable to Contractor’s engagement of its employees, if any. If applicable, Company will report amounts paid to Contractor by filing Form 1099-MISC with the Internal Revenue Service of the United States of
America and will comply with any other reporting obligations imposed on it by applicable law. Contractor agrees to accept exclusive liability for complying with all applicable state and federal laws, including laws governing self-employed
individuals, if applicable, such as laws related to payment of taxes, social security, disability, and other contributions based on fees paid to Contractor under this Agreement. Company will not withhold or make payments for pensions, social
contributions or social security, unemployment insurance or disability insurance contributions, or obtain workers’ compensation insurance on Contractor’s behalf. Contractor hereby agrees to indemnify and defend Company against any and all
such taxes or contributions, including penalties and interest. Contractor agrees to provide proof of payment of appropriate taxes and contributions on any fees paid to Contractor under this Agreement upon reasonable request of Company. 

4. INTELLECTUAL PROPERTY RIGHTS. 

4.1 Confidential Information. Contractor agrees that during the term of this Agreement and thereafter, except as expressly authorized
in writing by the Chief Executive Officer (the “CEO”) of Company, it: (a) will not use or permit the use of Confidential Information (defined below) in any manner or for any purpose not expressly set forth in this Agreement;
(b) will not disclose, lecture upon, publish, or permit others to disclose, lecture upon, or publish any such Confidential Information to any third party without first obtaining the CEO’s express written consent on a case-by-case basis; (c) will limit access to Confidential Information to Contractor personnel who need to know such information in connection with their work for Company; and (d) will not remove any
tangible embodiment of any Confidential Information from Company’s premises without Company’s prior written consent. “Confidential Information” includes, but is not limited to, all information related to Company’s
business and its actual or anticipated research and development, including without limitation: (i) trade secrets, 

 

  
 1 

 
inventions, ideas, processes, computer source and object code, formulae, data, programs, other works of authorship, know-how, improvements, discoveries, developments, designs, and techniques;
(ii) information regarding products or plans for research and development, marketing and business plans, budgets, financial statements, contracts, prices, suppliers, and customers; (iii) information regarding the skills and compensation of
Company’s employees, contractors, and any other service providers of Company; (iv) the existence of any business discussions, negotiations, or agreements between Company and any third party; and (v) all such information related to any third
party that is disclosed to Company or to Contractor during the course of Company’s business (“Third Party Information”). Notwithstanding the foregoing, it is understood that Contractor is free to use information which is
generally known in the trade or industry, information which is not gained as a result of a breach of this Agreement, and Contractor’s own skill, knowledge, know-how, and experience. 

4.2 Competitive or Conflicting Engagements. Contractor agrees, during the term of this Agreement, not to enter into a contract or
accept an obligation that is inconsistent or incompatible with Contractor’s obligations under this Agreement. Contractor warrants that there is no such contract or obligation in effect as of the Effective Date. Contractor further agrees not to
disclose to Company, bring onto Company’s premises, or induce Company to use any confidential information that belongs to anyone other than Company or Contractor. In addition, Contractor agrees that, during the term of this Agreement, it will
not perform, or agree to perform, any services for any third party that engages, or plans to engage, in any business or activity competitive with that of Company. Provided that the foregoing requirements are met, Contractor is free to enter into any
contract to provide services to other business entities, whether similar to the services provided under the Projects or not. 
 4.3
Inventions and Intellectual Property Rights. As used in this Agreement, the term “Invention” means any ideas, concepts, information, materials, processes, data, programs, know-how,
improvements, discoveries, developments, designs, artwork, formulae, other copyrightable works, and techniques and all Intellectual Property Rights therein. The term “Intellectual Property Rights” means all trade secrets,
copyrights, trademarks, mask work rights, patents and other intellectual property rights recognized by the laws of any country. 
 4.4
Background Technology. As used in this Agreement, the term “Background Technology” means all Inventions developed by Contractor other than in the course of providing services to Company hereunder and all Inventions acquired or
licensed by Contractor that Contractor uses in performing services under this Agreement or incorporates into Work Product (defined below). Contractor will disclose any Background Technology in the SOW in which Contractor proposes to use or
incorporate such Background Technology. If no Background Technology is disclosed in an SOW,

 
Contractor warrants that it will not use Background Technology or incorporate it into Work Product provided pursuant thereto. Notwithstanding the foregoing, Contractor agrees that it will not
incorporate into Work Product or otherwise deliver to Company any software code licensed under the GNU GPL or LGPL or any other license that by its terms requires, or conditions the use or distribution of such code on, the disclosure, licensing, or
distribution of the Work Product or any source code owned or licensed by the Company. 
 4.5 License to Background Technology.
Contractor hereby grants to Company a non-exclusive, perpetual, fully-paid and royalty-free, irrevocable and worldwide right, with rights to sublicense through multiple levels of sublicensees, to reproduce,
make derivative works of, distribute, publicly perform, and publicly display in any form or medium, whether now known or later developed, make, have made, use, sell, import, offer for sale, and exercise any and all present or future rights in the
Background Technology incorporated or used in Work Product for the purpose of developing and marketing Company products. 
 4.6
Disclosure of Work Product. As used in this Agreement, the term “Work Product” means any Invention that is solely or jointly conceived, made, reduced to practice, or learned by Contractor in the course of any services performed
for Company or with the use of materials of Company during the term of this Agreement. Contractor agrees to disclose promptly in writing to Company, or any person designated by Company, all Work Product. 

4.7 Ownership of Work Product. Contractor agrees that any and all Work Product shall be the sole and exclusive property of Company.

 4.8 Assignment of Work Product. If Contractor has any rights to the Work Product that are not owned by Company upon creation or
embodiment, Contractor irrevocably assigns to Company all right, title and interest worldwide in and to such Work Product. Except as set forth below, Contractor retains no rights to use the Work Product and agrees not to challenge the validity of
Company’s ownership in the Work Product. 
 4.9 Waiver or Assignment of Other Rights. If Contractor has any rights to the Work
Product that cannot be assigned to Company, Contractor unconditionally and irrevocably waives the enforcement of such rights, and all claims and causes of action of any kind against Company with respect to such rights, and agrees, at Company’s
request and expense, to consent to and join in any action to enforce such rights. If Contractor has any right to the Work Product that cannot be assigned to Company or waived by Contractor, Contractor unconditionally and irrevocably grants to
Company during the term of such rights, an exclusive, irrevocable, perpetual, worldwide, fully paid and royalty-free license, with rights to sublicense through multiple levels of sublicensees, to reproduce, make derivative works of, distribute,
publicly perform and publicly display in any form or medium, whether now known or later developed, make, use, sell, import, offer for sale and exercise any and all such rights.

 

  
 2 

 4.10 Assistance. Contractor agrees to assist Company in every way, both during and
after the term of this Agreement, to obtain and enforce United States and foreign Intellectual Property Rights relating to Work Product in all countries. In the event Company is unable to secure Contractor’s signature on any document needed in
connection with such purposes, Contractor hereby irrevocably designates and appoints Company and its duly authorized officers and agents as its agent and attorney in fact, which appointment is coupled with an interest, to act on its behalf to
execute and file any such documents and to do all other lawfully permitted acts to further such purposes with the same legal force and effect as if executed by Contractor. 

5. CONTRACTOR REPRESENTATIONS AND WARRANTIES. Contractor hereby
represents and warrants that: (a) the Work Product will be an original work of Contractor and any third parties will have executed assignment of rights reasonably acceptable to Company prior to being allowed to participate in the development of the
Work Product; (b) the Work Product will fully conform to the requirements and terms set forth in the SOW; (c) neither the Work Product nor any element thereof will infringe or misappropriate the Intellectual Property Rights of any third
party; (d) neither the Work Product nor any element thereof will be subject to any restrictions or to any mortgages, liens, pledges, security interests, or encumbrances; (e) Contractor will not grant, directly or indirectly, any rights or
interest whatsoever in the Work Product to third parties; (f) Contractor has full right and power to enter into and perform this Agreement without the consent of any third party, and that by entering into this Agreement, Contractor is not
breaching any contractual or other obligation which Contractor owes to a third party, whether express or implied; (g) Contractor has an unqualified right to grant the license to all Background Technology as set forth in the section titled
“License to Background Technology” to Company; (h) Contractor will comply with all laws and regulations applicable to Contractor’s obligations under this Agreement; and (i) should Company permit Contractor to use any of
Company’s equipment, or facilities during the term of this Agreement, such permission shall be gratuitous and Contractor shall be responsible for any injury to any person (including death) or damage to property arising out of use of such
equipment or facilities. 
 6. INDEMNIFICATION. Contractor will indemnify and hold harmless Company, its
officers, directors, employees, sublicensees, customers and agents from any and all claims, losses, liabilities, damages, expenses and costs (including attorneys’ fees and court costs) which result from a breach or alleged breach of any
representation or warranty of Contractor (a “Claim”) in this Agreement or any intentional misconduct or negligence by Contractor or any of its subcontractors, employees, or agents in performing services under this Agreement. From
the date of written notice from Company to

 
Contractor of any such Claim, Company shall have the right to withhold from any payments due Contractor under this Agreement the amount of any defense costs, plus additional reasonable amounts as
security for Contractor’s obligations under this section. 
 7. TERM AND TERMINATION. 

7.1 Term. Subject to earlier termination as set forth herein, this Agreement shall remain in effect for 12 months following the
Effective Date and will then expire and terminate unless extended in a written agreement signed by the parties. 
 7.2 Termination
without Cause. Company may terminate this Agreement at its convenience upon fifteen (15) days’ prior written notice to Contractor. Contractor may terminate this Agreement upon fifteen (15) days’ prior written notice to
Company. Such notice may instruct Contractor to immediately cease providing any further services under this Agreement, and in such case, Contractor will not be entitled to receive fees for any unauthorized services provided after Contractor’s
receipt of such notice. Unless the immediately preceding sentence applies, Company will pay Contractor only those fees and expenses related to authorized services actually performed during such notice period, as specified in the SOW. 

7.3 Termination with Cause. Either party may terminate this Agreement immediately in the event that the other party has materially
breached the Agreement and fails to cure such breach within ten (10) days of receipt of notice by the non-breaching party, setting forth in reasonable detail the nature of the breach. Such notice may
instruct Contractor to immediately cease providing any further services under this Agreement, and in such case, Contractor will not be entitled to receive fees for any unauthorized services provided after Contractor’s receipt of such notice.
Unless the immediately preceding sentence applies, Company will pay Contractor only those fees and expenses related to authorized services actually performed during such notice period, as specified in the SOW. Company may also terminate this
Agreement immediately in its sole discretion in the event of Contractor’s material breach of the section titled “Intellectual Property Rights.” 

7.4 Return of Company Property. Upon termination of the Agreement or upon Company’s request at any other time, Contractor will
deliver to Company all of Company’s property, equipment, and documents, together with all copies thereof, and any other material containing or disclosing any Work Product, Third Party Information or Confidential Information of Company and
certify to Company in writing that Contractor has fully complied with this obligation Contractor further agrees that any property situated on Company’s premises and owned by Company is subject to inspection by Company personnel at any time with
or without notice. 

 

  
 3 

 7.5 Survival. The following provisions shall survive termination of this Agreement:
Sections titled “Intellectual Property Rights,” “Contractor Representations and Warranties,” “Indemnification,” “Return of Company Property,” “Survival,” and “General Provisions.” 

8. MULTI-EMPLOYEE CONTRACTOR. If Contractor will be hiring employees or agents to
provide services pursuant to this Agreement, Contractor must obtain Company’s prior written consent to such hiring, and before any Contractor employee or agent performs services in connection with this Agreement or has access to Confidential
Information, the employee or agent and Contractor must have entered into a binding written agreement expressly for the benefit of Company that contains provisions substantially equivalent to the sections of this Agreement titled “Engagement of
Services” and “Intellectual Property Rights.” At Company’s request, Contractor will provide Company with copies of such agreements. Company reserves the right to refuse or limit Contractor’s use of any employee or agent or
to require Contractor to remove any employee or agent already engaged in the performance of the services. Company’s exercise of such right will in no way limit Contractor’s obligations under this Agreement. Contractor agrees: (a) that
its employees and agents shall not be entitled to or eligible for any benefits that Company may make available to its employees; (b) to limit access to the Confidential Information to employees or agents of Contractor who have a reasonable need
to have such access in order to perform the services pursuant to this Agreement; and (c) to be solely responsible for all expenses incurred by any of its employees or agents in performing the services or otherwise performing its obligations
under this Agreement, except as set forth in the SOW. 
 9. GENERAL PROVISIONS. 

9.1 Governing Law and Venue. This Agreement and any action related thereto will be governed, controlled,
interpreted, and defined by and under the laws of the State of California in the United States of America, without giving effect to any conflicts of laws principles that require the application of the law of any different jurisdiction, including the
laws of Canada. Contractor hereby expressly consents to the personal jurisdiction and venue in the state and federal courts for the county within the United States of America in which Company’s principal place of business is located for
any lawsuit filed there against Contractor by Company arising from or related to this Agreement. 
 9.2
Severability. If any provision of this Agreement is, for any reason, held to be invalid or unenforceable, the other provisions of this Agreement will be unimpaired and the invalid or unenforceable provision will be deemed modified so that it is
valid and enforceable to the maximum extent permitted by law. 
 9.3 No Assignment. This Agreement, and
Contractor’s rights and obligations herein, may not be

 
assigned, subcontracted, delegated, or otherwise transferred by Contractor without Company’s prior written consent, and any attempted assignment, subcontract, delegation, or transfer in
violation of the foregoing will be null and void. The terms of this Agreement shall be binding upon assignees. 
 9.4
Notices. Each party must deliver all notices or other communications required or permitted under this Agreement in writing to the other party at the address listed on the signature page, by courier, by certified or registered mail (postage
prepaid and return receipt requested), or by a nationally-recognized express mail service. Notice will be effective upon receipt or refusal of delivery. If delivered by certified or registered mail, any such notice will be considered to have been
given five (5) business days after it was mailed, as evidenced by the postmark. If delivered by courier or express mail service, any such notice shall be considered to have been given on the delivery date reflected by the courier or express
mail service receipt. Each party may change its address for receipt of notice by giving notice of such change to the other party. 

9.5 Injunctive Relief. Contractor acknowledges that, because its services are personal and unique and because
Contractor will have access to Confidential Information of Company, any breach of this Agreement by Contractor would cause irreparable injury to Company for which monetary damages would not be an adequate remedy and, therefore, will entitle Company
to injunctive relief (including specific performance). The rights and remedies provided to each party in this Agreement are cumulative and in addition to any other rights and remedies available to such party at law or in equity. 

9.6 Waiver. Any waiver or failure to enforce any provision of this Agreement on one occasion will not be deemed a
waiver of any other provision or of such provision on any other occasion. 
 9.7 Export. Contractor agrees not to
export, directly or indirectly, any U.S. technical data acquired from Company or any products utilizing such data, to countries outside the United States of America, because such export could be in violation of the United States export laws or
regulations. 
 9.8 Entire Agreement. This Agreement is the final, complete and exclusive agreement of the parties
with respect to the subject matters hereof and supersedes and merges all prior discussions between the parties with respect to such subject matters. No modification of or amendment to this Agreement, or any waiver of any rights under this Agreement,
will be effective unless in writing and signed by Contractor and CEO of the Company. The terms of this Agreement will govern all SOWs and services undertaken by Contractor for Company. In the event of any conflict between this Agreement and a SOW,
the terms of the SOW shall govern, but only with respect to the services set forth therein. 

 

  
 4 

 IN WITNESS WHEREOF, the parties have
caused this Independent Contractor Services Agreement to be executed by their duly authorized representatives. 
  

							
	COMPANY:	 		  	CONTRACTOR:	  	
				
	

	 	        	  	 

  
	  	
	(Signature) 	 		  	(Signature) 	  	
			
	By: Artur Bergman                                 
                   	 		  	By: Joshua
Bixby                                        
          
	Title: CEO	 		  	Title: VP
	Address: c/o Fastly, Inc.	 		  	Address: [Intentionally omitted]
	501 Folsom Street, 1st Floor	 		  	
	 San Francisco, CA 94401
 USA
	 		  	  
 If Contractor is a natural person, Contractor must
provide the following information for copyright registration purposes only:

		 		  	  
 Date of Birth: Oct 18, 77

		 		  	Nationality or Domicile: CANADIAN

  
 5 

 EXHIBIT A 

STATEMENT OF WORK 

This Statement of Work (“SOW”) is incorporated into the Independent Contractor Services Agreement by and between Company and Contractor (the
“Agreement”). This SOW describes services and Work Product to be performed and provided by Contractor pursuant to the Agreement. If any item in this SOW is inconsistent with the Agreement prior to such incorporation, the terms of
this SOW will control, but only with respect to the services to be performed under this SOW. 
 1. Consulting Services: 

Market Development. 
 2. Payment of Fees: 

Fees will be paid at a monthly flat rate (or a prorated amount thereof), based on 24 hours/week spent on Services. Contractor must provide written invoices to
the Company in arrears on a monthly basis, which list the amount of Services provided by date, with a description of the provided Services. Contractor acknowledges that s/he is not an employee and therefore is not entitled to benefits typically
granted to an employee, including but not limited to, health insurance, retirement funds and unemployment benefits. 
 Compensation shall be $9,000 per month
which will to be paid to you on the 1st of each month. 
 Subject to the approval of Fastly’s Board of Directors, upon starting employment, Contractor
will be issued options on 25,000 shares of Fastly common stock. These options are subject to Fastly’s Stock Incentive Plan and Stockholder Agreement and will vest monthly over 2 years with a three month cliff. Details about your options can be
found in the Stock Incentive Plan document that will be provided to you. 
 3. Expenses. Company will reimburse Contractor for the following expenses:

 Travel expenses. Long distance and cell phone charges directly related to the work. Conference fees. 

4. Development Schedule: Not Applicable. 
 5.
Background Technology Disclosure. The following is a complete list of all Background Technology 

☒  None 

☐  See immediately below: 
  

                       
                                         
                                         
                                         
                      
  

							
	Signed:	  	  
	  		  	 

		  	 for Company
	  		  	Contractor
				
	Dated:	  	  
	  		  	Dated: Oct. 28, 13

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