Document:

Exhibit 10.1

 

July 24, 2012

 

 

Steven J. Nunes

2605 SE 2nd Court

Pompano Beach, FL 33062

 

Dear Steven:

 

This letter agreement confirms your resignation as an employee of MAKO Surgical
Corp. (“MAKO”) as of July 17, 2012 (the “Separation Date”). The purpose of this letter agreement is to
confirm the agreement between you and MAKO concerning the terms of your departure.

 

1.            Your
last day of active employment will be July 17, 2012. For all purposes, your separation from employment will be characterized as
a termination without cause.

 

2.            MAKO
confirms that you shall be entitled to all rights and benefits under that certain Amended and Restated Employment Agreement between
you and MAKO effective as of February 13, 2009 (the “Employment Agreement”), including all benefits under Section 5.3
of the Employment Agreement, with the following modifications:

 

a)   Your severance payment shall be equal
to ten (10) months (comprised of nine (9) months provided for in Section 5.3(iii) and one (1) month in lieu of thirty days written
notice provided for in Section 5.3) of your annual salary, in the gross amount of $238,499.70, and shall be paid to you, less applicable
payroll withholding, in two equal payments, the first to be made not later than August 1, 2012 and the second to be made not later
than September 1, 2012.

 

b)   The health insurance coverage for
you shall continue for ten (10) months after the Separation Date. Thereafter, you shall have the right to continue such coverage
for an additional eighteen (18) month period under COBRA by paying MAKO the appropriate COBRA premiums. MAKO represents to you
that its group health insurance provider provides coverage to MAKO under a “fully insured” plan.

 

All other provisions of the Employment Agreement which,
by their terms, are intended to survive the termination of your employment shall continue to survive in full force and effect,
provided however, that, for the avoidance on doubt, notwithstanding Sections 5.3(i) and 5.3(ii) of the Employment Agreement, you
will are not eligible for and shall not therefore receive any payment or consideration of any kind under any company bonus or compensation
plan, nor for unused personal time off (PTO).

 

3.            Pursuant
to the terms of that certain Independent Contractor Consulting Services Agreement (the “Consulting Services Agreement”)
attached hereto as Exhibit A and executed simultaneously herewith, MAKO will retain your services as an independent contractor
to MAKO. The scope of your duties and compensation shall be as set forth in the Consulting Services Agreement.

 

    	Page-1

    	 

    

 

4.            You
and MAKO agree that, if any third parties contact MAKO concerning your employment at MAKO or your separation from employment, MAKO
shall consistently report to such third parties only your position at MAKO and the dates of your employment. MAKO shall make no
other comments about your employment or the circumstances involved in your termination.

 

5.            Given
that your termination has been characterized as a termination without cause, MAKO will report your termination to the applicable
state unemployment assistance agency as such, and will not contest any application you may make for unemployment benefits.

 

6.            Pursuant
to Section 7.6 of the Employment Agreement, you are, simultaneously herewith, executing and delivering to MAKO the General Release
of Claims as set forth in Exhibit B.

 

7.            MAKO
represents to you that, as of the date hereof, without independent inquiry, it is not aware of any claims or causes of action it
may have against you, nor is it aware of any basis for any such claims or causes of action.

 

8.            You
shall retain all rights under that certain Indemnification Agreement, dated February 21, 2008 between you and MAKO, a copy of which
is attached as Exhibit C and which is hereby confirmed, as well as all rights to indemnification under MAKO’s certificate
of incorporation and by-laws and applicable law. Nothing contained herein shall be deemed a waiver of any right to coverage under
any directors and officers insurance coverage provided by MAKO to which you may be entitled.

 

9.           MAKO
shall provide you with the following:

 

		a)	promptly after execution of this letter agreement, a downloaded file copy of your Outlook contacts (based on your express agreement
and acknowledgement of your surviving non-solicitation covenant in the Employment Agreement and your non-solicitation covenant
in the Consulting Services Agreement)

		b)	promptly after execution of this letter agreement, copies of and authorization to use publicly available, non-confidential
MAKO marketing materials as samples of your work product

		c)	during the term of the Consulting Services Agreement, continuation of your cell phone, IPAD and laptop service

		d)	promptly after termination or expiration of the Consulting Services Agreement, the transfer to you of your cell phone number
and cell phone contacts information.

 

10.         The
letter, together with applicable provisions of the Employment Agreement, constitutes the entire agreement between you and MAKO
(and supersedes any other communications, written or oral) with respect to your employment by MAKO and the termination of such
employment, and with respect to all matters pertaining thereto.

 

    	Page-2

    	 

    

 

If the foregoing is in accordance with your understanding,
would you kindly sign and return the enclosed duplicate original of this letter, whereupon this letter will constitute a binding
agreement between you and MAKO on the basis set forth above.

 

 

Very truly yours,

 

 

	 	 
	By	/s/ Maurice R. Ferré, M.D.
	 	Name:  Maurice R. Ferré, MD
	 	Title:  President & Chief Executive Officer

 

 

Accepted and Agreed to:

 

	 	 
	/s/ Steven J. Nunes
	Steven J. Nunes

 

Today’s Date

 

July 26, 2012

 

 

 

 

 

 

 

    	Page-3Exhibit 10.2

INDEPENDENT
CONTRACTOR 

CONSULTING SERVICES AGREEMENT

This
Independent Contractor Consulting Services Agreement (this “Agreement”)
is made and entered into, to be effective as of the date entered below, by and
between MAKO Surgical Corp. (“MAKO”), a corporation formed
under the laws of the State of Delaware with a principal place of business at
2555 Davie Road, Fort Lauderdale, Florida 33317, and the Party named below (“Contractor”),
with an address as set forth below. MAKO and Contractor may be referred to
herein individually as a “Party”
and collectively as the “Parties.” 

	
  

 	
  

 
	
 Contractor:

 	
 Steven J. Nunes 

 
	
 Address:

 	
 2605 SE 2nd
 Court

 Pompano Beach, FL 33062

 
	
 Federal
 Taxpayer ID:

 	
 ###-##-#### 

 
	
 Phone:

 	
 954.529.0670 

 
	
 Email:

 	
 sjnunes@att.net
 

 
	
 Effective
 Date of Contract

 	
 July 17, 2012 

 

          WHEREAS, Contractor’s employment with MAKO
terminated as of the close of business on July 17, 2012 (“Termination Time”); and  

          WHEREAS, MAKO has requested and Contractor has
agreed to provide certain consulting services to MAKO following the Termination
Time. 

          NOW, THEREFORE BE IT RESOLVED, the Parties,
intending to be legally bound, hereby agree as follows: 

1   Termination
of Employment.  

	
  

 	
  

 
	
 1.1

 	
 Termination Date. Contractor acknowledges that Contractor’s
employment with MAKO and that certain Amended and Restated Employment
Agreement by and between MAKO and Contractor, effective February 13, 2009
(the “Employment Agreement”)
terminated as of the Termination Time.  

 
	
  

 	
  

 
	
 1.2

 	
 Continued Insider Status. Notwithstanding the termination of
Contractor’s employment with MAKO and consistent with Section 5 of the Policy
Statement (as defined below), Contractor acknowledges and agrees that, until
the expiration or termination of this Agreement and, in Contractor’s sole
discretion, such time as Contractor no longer has knowledge of material
non-public information about MAKO, Contractor must comply with the terms of
MAKO’s Policy Statement on Insider Trading Compliance (the “Policy Statement”).  

 

2   Services. 

	
  

 	
  

 
	
 2.1

 	
Scope. Contractor agrees to perform the consulting services
set forth in Exhibit I to this Agreement, and such other consulting
services as MAKO may request and Contractor agree to provide from time to time
during the term of this Agreement. These consulting services (the “Services”) may
include preparation by Contractor, and delivery of, certain materials and
information specifically requested by MAKO (“Deliverables”).  

 

	
  

 	
  

 	
  

 
	
 MAKO Contractor Agreement 

 Form Approved June 2012

 	
 Page 1 of 9

 	
 Contractor:
 S. Nunes

 20120717.B

 

	
  

 	
  

 
	
 2.2

 	
 Conduct of Services. Contractor shall not utilize others to
 perform the Services without the permission of MAKO. All Services must be
 performed in a workmanlike and professional manner. MAKO, at its option, may
 provide Contractor with its quality standards for the project. Contractor
 agrees to use these standards, as well as additional guidance and suggestions
 that may be provided from time to time by MAKO. In order to be accepted, any
 or all Deliverables and Services must meet any requirements and any quality
 standards specifically required by MAKO, as well as generally be of a
 quality, in MAKO’s reasonable opinion, commensurate with applicable
 professional standards. 

 
	
  

 	
  

 
	
 2.3

 	
 Method of Performing Services. Contractor has the right to determine the
 method, details, and means of performing the work to be performed for MAKO.
 MAKO, however, is entitled to exercise general power of supervision and
 control over the results of work performed by Contractor to ensure
 satisfactory performance, including the right to inspect, the right to stop
 work, the right to make suggestions or recommendations as to the details of
 the work, and the right to propose modifications to the work. Contractor
 acknowledges that the Services to be provided hereunder shall not require Contractor’s
 full time attention and that, except as provided in Section 6 of this
 Agreement, nothing in this Agreement precludes Contractor from engaging in
 work for anyone else, whether on a consulting or employment basis. Contractor
 further acknowledges and agrees that the non-competition covenant in Section
 6 of this Agreement is reasonable and necessary in consideration for the
 information Contractor will have access to as a contractor of MAKO, and
 represents to MAKO that Contractor’s ability to work for another entity or
 person, whether as a consultant or employee, during the term of this
 Agreement is valuable to Contractor. In addition, Contractor acknowledges and
 agrees that Contractor shall be responsible for supplying all tools and
 equipment necessary to perform the Services subject only to any exceptions
 set forth in Exhibit II to this Agreement. 

 
	
  

 	
  

 
	
 2.4

 	
 Future Services. As mutually agreed to in writing by
 Contractor and MAKO, Contractor shall make Contractor’s services available to
 complete or provide follow-on support for any work or projects to which
 Contractor at any time materially contributed pursuant to this Agreement.
 Unless otherwise agreed, such services shall be made available at
 Contractor’s actual labor rates otherwise applicable to services provided to
 MAKO pursuant to this Agreement or, if less, to Contractor’s other
 most-favored accounts for similar services, plus reasonable and actual
 expenses incurred by Contractor for materials that are provided to MAKO or
 consumed in providing such services, provided such expenses are approved in
 advance by MAKO. 

 

3   Term and Termination.  

	
  

 	
  

 	
  

 
	
 3.1

 	
 Term. This Agreement shall continue from the
 effective date entered above until October 18, 2012 unless extended as
 mutually agreed by the Parties in writing or earlier terminated in accordance
 with the provisions of this Agreement. 

 
	
  

 	
  

 	
  

 
	
 3.2

 	
 Termination
 

 
	
  

 	
  

 	
  

 
	
  

 	
 (a)

 	
 Termination
 for Breach. A
 Party may terminate this Agreement for material breach of this Agreement by
 the other Party upon ten (10) days written notice, unless the other Party
 cures the breach within such period. The Parties agree that the only breach
 by MAKO deemed material is failure to make an undisputed payment.

 
	
  

 	
  

 	
  

 
	
  

 	
 (b)

 	
 Termination
Notification. The Parties agree that MAKO may terminate this Agreement, in accordance with
this Section 3.2, by an electronic or written notification to the
Contractor. 

 

	
  

 	
  

 	
  

 
	
 MAKO Contractor Agreement 

 Form Approved June 2012

 	
 Page 2 of 9

 	
 Contractor:
 S. Nunes

 20120717.B

 

	
  

 	
  

 
	
 3.3

 	
 Survival. Upon termination of this Agreement, Subsections
 2.4 and 4.2 and all of Sections 1, 5, 6, 7,
 8, 9, 10, 11, 12, 13, 14,
 and 15 shall survive and remain in effect. 

 

4   Compensation.  

	
  

 	
  

 
	
 4.1

 	
 In
 full compensation for Contractor’s services and agreements hereunder, and
 conditioned on Contractor not exceeding the time allocation set forth in
 Exhibit I, MAKO shall pay Contractor a monthly fee of six thousand dollars
 ($6,000), according to the terms set forth in Exhibit II.
 Notwithstanding anything to the contrary in the Employment Agreement, all
 payments payable to Contractor under the Employment Agreement or this
 Agreement shall be payable in installments in accordance with MAKO’s regular
 payroll schedule. 

 
	
  

 	
  

 
	
 4.2

 	
 In
 the event that this Agreement is terminated for any reason, MAKO’s sole
 obligation shall be to pay Contractor for any authorized work performed
 satisfactorily through the effective date of the termination and actual
 expenses accrued and reimbursable under the terms of this Agreement, which
 amounts shall serve as full and final compensation to Contractor for all
 services provided hereunder. This Subsection 4.2 does not waive,
 prejudice, or diminish any rights that MAKO may have, or damages to which it
 may be entitled, at law or in equity for any unlawful termination or other
 breach of this Agreement by Contractor. 

 

5   Ownership and Assignment of
Intellectual Property Rights.

	
  

 	
  

 
	
 5.1

 	
 Contractor
 shall disclose and assign to MAKO, and does hereby automatically assign to
 MAKO upon inception, all patent, copyright, trade secret and all other
 industrial, intellectual or proprietary rights that Contractor may possess or
 be entitled to receive, in each and every territory, state and country
 throughout the world, and under all applicable conventions and treaties (the
 “Intellectual Property
 Rights”) in all inventions (whether or not patentable or
 reduced to practice), industrial models, works of authorship, databases,
 industrial and ornamental designs, mask works, computer programs, data,
 drawings, know-how, information and other forms of industrial and
 intellectual property (collectively, “Intellectual Property”) (a) that are
 created, discovered, conceived of and/or reduced to practice by Contractor
 during the term of this Agreement and relate to the subject matter of the
 Services to be performed under this Agreement or the business, research or
 development interests of MAKO, or (b) that, subject to Subsection 5.2
 below, are embodied, incorporated or used in any drawings, specifications,
 computer program, software, manuals, data, documentation, models, prototypes,
 information, or other materials or items created or prepared by Contractor or
 its employees or contractors in the performance of the Services under this
 Agreement (collectively “Work
 Product”) or the defined Deliverables. Notwithstanding the
 forgoing, to the extent permitted by applicable law and consistent with
 Contractor’s status as an independent contractor, Contractor’s Work Product
 and Deliverables shall be considered and treated for all purposes as works
 made for hire, and title to all Intellectual Property Rights respecting such
 Work Product shall vest initially, completely, and exclusively in MAKO. 

 
	
  

 	
  

 
	
 5.2

 	
 Contractor
 may include in the Work Product and Deliverables materials, information and
 other items existing prior to, or which were developed outside the scope of,
 the Services (“Preexisting
 Materials”) only if (a) they are owned or, if not owned, are
 otherwise licensable by, Contractor upon the terms of Subsection 5.3
 below; (b) they are identified prior to commencement of services involving
 such work or materials; and (c) reasonable proof in the form of documentation
 is provided that the materials, information or items to be included are in
 fact Preexisting Materials and that Contractor possesses all necessary rights
 to grant the license set forth below in Subsection 5.3 below with
 respect to such Preexisting Materials. Preexisting Materials
 meeting these requirements are not subject to the assignment provisions of Subsection
 5.1 above, and shall remain the property of Contractor.

 

	
  

 	
  

 	
  

 
	
 MAKO Contractor Agreement 

 Form Approved June 2012

 	
Page 3 of 9

 	
 Contractor:
 S. Nunes

 20120717.B

 

	
  

 	
  

 
	
  

 	
  

 
	
 5.3

 	
 Contractor
 grants to MAKO an irrevocable, perpetual, fully paid-up, royalty-free,
 transferable and nonexclusive license, with the right to sublicense, to make,
 use, sell, offer for sale, import, copy, transmit, distribute, publish,
 perform, prepare derivatives of, and take any other action it desires to take
 with respect to the Deliverables and Work Product, and to authorize or permit
 others to do so. This license is not intended to limit or alter the effect
 and scope of the assignment under Subsection 5.1 above. 

 
	
  

 	
  

 
	
 5.4

 	
 To
 the extent Contractor possesses any “moral rights” (including without
 limitation any rights of attribution and integrity) with respect to any of
 the Work Product or Deliverables, Contractor waives all such rights in favor
 of MAKO and its successors, assigns, licensees, employees, contractors,
 partners, vendors, customers, representatives and agents, for any and all
 purposes. 

 
	
  

 	
  

 
	
 5.5

 	
 Contractor
 shall, at MAKO’s request, execute all assignments, transfers, conveyances,
 declarations, oaths, applications for grant or registration, and other
 documents (“Documents”),
 and perform such acts as MAKO’ counsel may deem reasonably necessary or
 advisable, to confirm and vest in MAKO all right, title and interest
 throughout the world, in and to, the Intellectual Property Rights that are
 assigned under this Agreement. Contractor shall also provide all information
 reasonably necessary to assist MAKO in obtaining patents and other grants and
 registrations for the Intellectual Property Rights and in enforcing such
 rights. 

 
	
  

 	
  

 
	
 5.6

 	
 All
 tangible materials and written information, including without limitation
 models, drawings, written documents, software, data, computer programs,
 machines, articles and other tangible materials and copies thereof of any
 nature prepared, created, developed or otherwise produced or obtained by
 Contractor incident to or arising out of the Services rendered under this
 Agreement (“Tangible
 Materials”) shall be MAKO’ sole and exclusive property and
 shall be delivered to MAKO by Contractor promptly at the request of MAKO or
 upon conclusion of the performance of the Services or termination of this
 Agreement. 

 

6   Confidential Information.

	
  

 	
  

 
	
  

 	
 Pursuant
to Section 7.2 of the Employment Agreement, Contractor has agreed to not
disclose or use Confidential Information (as defined in the Employment
Agreement) of MAKO (the “Non-Disclosure
Covenant”) either during the term of his employment with MAKO or
thereafter. Contractor and MAKO hereby agree that the Non-Disclosure Covenant
is incorporated herein by reference. Contractor further acknowledges and
agrees that he may receive special training and/or may be given access to or
may become acquainted with Confidential Information of MAKO during the term
of this Agreement and Contractor agrees that the Non-Disclosure Covenant
shall apply to any such Confidential Information.  

 

7   Non-Competition.

	
  

 	
  

 
	
  

 	
 The
 non-compete covenant set forth in Section 7.3 of the Employment Agreement is
 incorporated herein by reference; provided,
 however, that the one (1) year term of the non-compete covenant
 shall be measured from the Termination Time and the term of the non-compete
 covenant shall not be affected by this Agreement. 

 

	
  

 	
  

 	
  

 
	
 MAKO Contractor Agreement 

 Form Approved June 2012

 	
Page 4 of 9

 	
 Contractor:
 S. Nunes

 20120717.B

 

8.   Non-Solicitation.

	
  

 	
  

 
	
  

 	
The non-solicitation covenant set forth in Section
7.3 of the  Employment  Agreement is  incorporated  herein by reference to apply
during the term of this  Agreement  and for a period equal to one (1) year after
the termination of this Agreement.

 

9   Release of Publicity Rights.

	
  

 	
  

 
	
  

 	
 Contractor
 hereby grants MAKO the right to use and publish Contractor’s name, voice,
 picture, portrait and likeness in all media and types of advertising and
 promotion of MAKO and its goods and services. Contractor agrees that MAKO
 owns all rights, including copyright, in all photographs of Contractor taken
 by or on behalf of MAKO as well as all works incorporating such photographs,
 and Contractor agrees to sign any releases submitted to Contractor in
 conjunction with such photographs. 

 

10   Representations, Warranties,
and Covenants.

	
  

 	
  

 	
  

 
	
  

 	
 Contractor represents,
 warrants, and covenants (each as the case may be) that: 

 
	
  

 	
  

 
	
  

 	
  

 	
 (a) The Services shall not
 infringe any Intellectual Property Rights of third parties. 

 
	
  

 	
  

 	
  

 
	
  

 	
  

 	
 (b) Making, using,
 selling, copying, publishing, distributing, preparing derivatives of,
 disclosing, using and otherwise exploiting Work Product and Deliverables
 shall not infringe Intellectual Property Rights of third parties. 

 
	
  

 	
  

 	
  

 
	
  

 	
  

 	
 (c) The execution,
 delivery and performance of this Agreement does not and shall not violate,
 conflict with or result in the breach of any term, condition or provision of
 any term, condition or provision of any contract, agreement, document,
 commitment, undertaking or understanding between Contractor and any other
 person or entity, including without limitation any agreements or policies of
 any of Contractor’s employers, if any, during the term of this Agreement.
 Without limiting the generality of the forgoing, Contractor represents and
 warrants that Contractor has not previously assigned, licensed or otherwise
 encumbered the Intellectual Property Rights assigned or to be assigned to
 MAKO pursuant to Subsection 5.1 above, and Contractor has sufficient
 rights to grant the license in Subsection 5.3. 

 
	
  

 	
  

 	
  

 
	
  

 	
  

 	
 (d) All requirements of
 Contractor’s employer(s) regarding outside consulting have been met by
 Contractor prior to entering into this Agreement and shall continue to be met
 during its performance. Contractor has followed and shall continue to follow
 all applicable procedures of Contractor’s employer(s), if any, during the
 term of this Agreement, and has received all necessary consents and approvals
 from Contractor’s employer(s), if any, during the term of this Agreement, in
 order to permit Contractor to perform the Services for MAKO and to comply
 with all of the terms and conditions of this Agreement. 

 
	
  

 	
  

 	
  

 
	
  

 	
  

 	
 (e) Facilities and
equipment of Contractor’s employers shall not be used except with the prior
written approval by MAKO. 

(f) Contractor represents, warrants and covenants
that Contractor is not now and shall not in the future be in a position to
purchase, lease, recommend, use, or arrange for the purchase or lease of or
prescribe MAKO’s products, which would make Contractor a “Customer” of MAKO, as such term is
defined in MAKO’s Business Conduct Policies, a current copy of which is
available at www.makolink.info/businessconduct, password: partner (as may be
amended, revised or supplemented from time to time, the “Policies”).  

 

	
  

 	
  

 	
  

 
	
 MAKO Contractor Agreement 

 Form Approved June 2012

 	
Page 5 of 9

 	
 Contractor:
 S. Nunes

 20120717.B

 

	
  

 	
  

 	
  

 
	
  

 	
  

 	
 The Parties hereby agree
 that should, at any time during the term of this Agreement, Contractor be
 positioned to become a Customer of MAKO the Parties hereto shall negotiate in
 good faith to modify the implicated terms and conditions of this Agreement to
 comply with all applicable laws, regulations and industry guidelines, as well
 as the Policies and Standards (as defined below). 

 
	
  

 	
  

 	
  

 
	
  

 	
  

 	
 (g) Contractor warrants,
 covenants and agrees that Contractor shall comply with all applicable laws,
 rules and regulations including, without limitation, the U.S. Foreign Corrupt
 Practices Act, as amended (the “FCPA”) and the Health Insurance Portability
 and Accountability Act of 1996, as amended (42 U.S.C. 1320d-1329d-8; 42
 U.S.C. 1320d-2, “HIPAA”).
 Contractor further agrees and covenants that Contractor shall at all times
 conduct Contractor’s work in full compliance with all ethical regulations and
 MAKO and industry guidelines applicable under this Agreement including,
 without limitation, the Policies, MAKO’s Human Resource Policies, MAKO’s Code
 of Business Conduct and Ethics and the Advanced Medical Technology
 Association’s Code of Ethics on Interactions with Health Care Professionals
 (such policies and standards, as may be amended, revised or supplemented from
 time to time, are referred to herein as the “Policies and Standards”). 

 
	
  

 	
  

 	
  

 
	
  

 	
  

 	
 (h) Contractor certifies
that (i) Contractor has received a copy of the Policies, (ii) Contractor has
read and understood the Policies, (iii) Contractor agrees to comply with the
Policies in any business dealing Contractor undertakes on behalf of MAKO,
(iv) Contractor has not violated any domestic or foreign law, including without
limitation the FCPA, in connection with MAKO’s business, and has not taken
any action that violates the Policies, (v) Contractor shall timely report any
actual or suspected violations of the Policies and Standards to MAKO and
grant reasonable access to Contractor’s books and records in order for MAKO
to ascertain compliance under the Policies and Standards, and (vi) Contractor
shall promptly notify MAKO of the occurrence of any event that would prevent
Contractor from making the foregoing certifications at any future point
during the term of this Agreement. Contractor acknowledges that a failure to
report violations of the Policies shall constitute grounds for the
termination of this Agreement pursuant to Subsection 3.2 above.  

 
	
  

 	
  

 	
  

 
	
  

 	
  

 	
 (i) Contractor represents
 and warrants that Contractor has never been sanctioned or cited by any
 federal or state agency for Contractor’s failure to comply with any
 applicable federal, state, and local laws and regulations or regulatory
 agency requirements and guidelines relating to nature of the Services to be
 provided hereunder. 

 

11   Taxes, Benefits and
Licenses.

	
  

 	
  

 	
  

 
	
  

 	
 As an independent
 contractor, Contractor is solely responsible for the following: 

 
	
  

 	
  

 
	
  

 	
  

 	
 (a) the payment of all
 federal, state and local taxes and all appropriate withholdings; 

 
	
  

 	
  

 	
  

 
	
  

 	
  

 	
 (b) the payment or
 provision of any unemployment insurance benefits, state disability benefits,
 workers’ compensation insurance, vacation, overtime or holiday pay, health,
 medical, dental or group insurance or any pension or profit sharing; and 

 
	
  

 	
  

 	
  

 
	
  

 	
  

 	
 (c) obtaining any
 applicable business or other commercial licenses and permits. 

 

	
  

 	
  

 	
  

 
	
 MAKO Contractor Agreement 

 Form Approved June 2012

 	
Page 6 of 9

 	
 Contractor:
 S. Nunes

 20120717.B

 

12   [INTENTIONALLY
OMITTED]. 

13   Limitation of Liability.

	
  

 	
  

 
	
  

 	
 IN
 NO EVENT SHALL EITHER PARTY BE LIABLE FOR CONSEQUENTIAL, INCIDENTAL, SPECIAL,
 OR INDIRECT DAMAGES, OR FOR ACTS OF NEGLIGENCE THAT ARE NOT INTENTIONAL OR
 RECKLESS IN NATURE, REGARDLESS OF WHETHER IT HAS BEEN ADVISED OF THE
 POSSIBILITY OF SUCH DAMAGES. 

 

14   Mandatory Arbitration.

	
  

 	
  

 
	
  

 	
 All
 claims, disputes, controversies, differences or misunderstandings between the
 Parties arising out of, or by virtue of this Agreement or the interpretation
 of this Agreement or the relationship between MAKO and Contractor under this
 Agreement which cannot be settled or resolved by the Parties hereto shall be
 settled or determined by binding arbitration under the then-current rules of
 the American Arbitration Association. The exclusive jurisdiction for any such
 arbitration shall be Broward County, Florida and each Party consents to
 personal jurisdiction in Broward County, Florida. MAKO shall pay the
 arbitrators’ fees for any such arbitration unless the arbitrator determines
 that any portion of any claim by Contractor was frivolous or brought in bad
 faith, in which case the arbitrator may order Contractor to pay all or a
 portion of the arbitrator’s fees. The arbitrator may award or apportion
 attorney’s fees and costs in his or her judgment. Either Party may, however,
 seek injunctive relief in any court of competent jurisdiction, pending
 arbitration. Judgment based on the arbitrator’s award may be entered in any
 court of competent jurisdiction. 

 

15   Miscellaneous.

	
  

 	
  

 
	
 15.1

 	
 Publicity. Contractor shall not make statements to third parties regarding
 Contractor’s relationship with MAKO or this Agreement without the advance
 written consent of MAKO. 

 
	
  

 	
  

 
	
 15.2

 	
 Notices. All notices provided pursuant hereto shall be in writing and shall
 be deemed to have been properly given and to be effective on the date of
 delivery if delivered in person, by overnight mail through a recognized
 delivery service providing proof of delivery, by registered or certified
 mail, return receipt requested, or via e-mail or other electronic means to
 the address set forth on the first page hereof, or to such other address
 designated by written notice to the other Party in accordance with this Subsection
 15.2. 

 
	
  

 	
  

 
	
 15.3

 	
 Amendments; Waiver. No amendments, changes, extensions, or
 modifications to this Agreement are valid and binding except if in writing
 and signed by the Parties. Waiver by either Party of a breach or violation of
 any provision of this Agreement shall not operate as, or be construed to be,
 a waiver of any prior, concurrent or subsequent breach. None of the
 provisions of this Agreement are considered waived by either Party except
 when such waiver is given in writing. 

 
	
  

 	
  

 
	
 15.4

 	
 Governing Law. This Agreement shall be construed and interpreted under and in
 accordance with the substantive laws of the State of Florida, without regard
 to conflicts of law principles. Any action or proceeding arising under or
 relating to this Agreement shall be brought only in the courts of the State
 of Florida, County of Broward, or, if it has or can acquire jurisdiction, in
 the United States District Court for the Southern District of Florida, and each
 of the Parties consents to the exclusive jurisdiction of such courts (and the
 appropriate appellate courts) in any such action or proceeding and waives any
 objection to venue laid therein. Process in any action or proceeding referred to
 in the preceding sentence may be served on either Party anywhere in the
 world.

 

	
  

 	
  

 	
  

 
	
 MAKO Contractor Agreement 

 Form Approved June 2012

 	
Page 7 of 9

 	
 Contractor:
 S. Nunes

 20120717.B

 

	
  

 	
  

 
	
  

 	
  

 
	
 15.5

 	
 Severability. In the event that any clause, term, or provision of this Agreement be
 held by a court of competent jurisdiction to be illegal, invalid,
 unenforceable or in conflict with any law, the legality, validity and
 enforceability of the remaining clauses, terms and provisions shall not be
 affected or impaired thereby. 

 
	
  

 	
  

 
	
 15.6

 	
 Successors and Assigns. This Agreement shall be binding upon and
 inure to the benefit of the Parties hereto and the successors or permitted
 assigns of the Parties hereto. The rights and obligations of Contractor
 herein may not be assigned, and the rights and obligations of MAKO may be
 assigned to any Affiliate of MAKO or to any successor of all or substantially
 all of the business and assets of MAKO to which this Agreement relates.

 
	
  

 	
  

 
	
 15.7

 	
 English Language. This Agreement and all collateral
 documents have been expressed in English at the wish of the Parties. The
 Parties confirm and agree that the English-language versions of this
 Agreement and all collateral documents shall govern and control any
 translation of such documents into any other language.

 
	
  

 	
  

 
	
 15.8

 	
 Entire Agreement. This Agreement and the Exhibits and
 Attachments hereto constitute the entire agreement and understanding between
 Contractor and MAKO with respect to the subject matter hereof and supersedes
 all prior or contemporaneous agreements, understandings, representations and
 statements, if any, regarding the subject matter contained herein or therein,
 whether oral or written except as expressly stated herein. 

 
	
  

 	
  

 
	
 15.9

 	
 Amendments; Waiver. No amendments, changes, extensions or
 modifications to this Agreement are valid and binding except if in writing
 and signed by the Parties. Waiver by either Party of a breach or violation of
 any provision of this Agreement shall not operate as, or be construed to be,
 a waiver of any prior, concurrent or subsequent breach. None of the
 provisions of this Agreement are considered waived by either Party except when
 such waiver is given in writing.

 
	
  

 	
  

 
	
 15.10

 	
 Counterparts; Facsimile Signatures. This Agreement and the Attachments may be
 executed in counterparts, each of which are deemed to be original, but both
 of which together constitute one and the same instrument. Copies of
 signatures sent by facsimile transmission or other electronic means are
 deemed to be originals for purposes of execution and proof of this Agreement.

 
	
  

 	
  

 
	
 15.11

 	
 Titles and Headings; Construction. Titles and headings to
Articles, Sections and Subsections herein are inserted for the convenience of
reference only and are not intended to be a part of or to affect the meaning
or interpretation of this Agreement. This Agreement shall be construed
without regard to any presumption or other rule requiring construction hereof
against the Party causing this Agreement to be drafted. All pronouns and any
variations thereof shall be deemed to refer to the masculine, feminine,
neuter, singular or plural, as the identity of the person or entity may
require. Where Contractor is an entity, all terms and conditions of this
Agreement pertaining to Contractor shall pertain to all principals, employees
and Affiliates of such Contractor. For the purposes of this Agreement, an “Affiliate” of Contractor means an
individual or entity directly or indirectly controlling, controlled by or
under common control with Contractor, where control means either (a) the
capacity to dominate decision-making or (b) the ownership or control,
directly or indirectly, of more than fifty percent (50%) of all of the voting
power of the shares (or other securities or rights) entitled to vote for the
election of directors or other
 governing authority, as of the date of this Agreement or hereafter during the
 term of this Agreement.  

 

	
  

 	
  

 	
  

 
	
 MAKO Contractor Agreement 

 Form Approved June 2012

 	
Page 8 of 9

 	
 Contractor:
 S. Nunes

 20120717.B

 

	
  

 	
  

 
	
  

 	
  

 
	
 15.12

 	
 Benefit. Nothing in this Agreement, expressed or
 implied, is intended to confer on any person other than the Parties hereto or
 their respective successors or assigns, any rights, remedies, obligations or
 liabilities under or by reason of this Agreement. 

 
	
  

 	
  

 
	
 15.13

 	
 Relationship
 of Parties. In
 performing this Agreement, the Parties to this Agreement are, at all times,
 acting and performing as independent contractors. Nothing in this Agreement
 shall be construed to create any partnership, joint venture, or employer-employee
 relationship among the Parties. Contractor may not incur any liability on
 MAKO’s behalf nor bind MAKO to any contractual or payment obligation unless
 Contractor obtains MAKO’s prior written consent. 

 

* * * * *

IN
WITNESS WHEREOF, the Parties have executed and made this Agreement is effective
as of the date first written above. 

	
  

 	
  

 	
  

 	
  

 	
  

 	
  

 
	
  

 	
  

 	
 MAKO SURGICAL CORP.

 
	
  

 	
  

 	
  

 
	
 /s/ Steven J. Nunes

 	
  

 	
 By: 

 	
 /s/ Maurice R. Ferré, M.D.

	
 Steven J. Nunes

 	
  

 	
  

 
	
  

 	
  

 	
 Printed Name:

 	
    Maurice R. Ferré, M.D.

 
	
  

 
	
  

 	
  

 	
 Title: 

 	
 President & CEO

 

	
  

 	
  

 	
  

 
	
 MAKO Contractor Agreement 

 Form Approved June 2012

 	
Page 9 of 9

 	
 Contractor:
 S. Nunes

 20120717.B

 

Exhibit I

SERVICES

Contractor
shall provide MAKO with tactical and strategic assistance as well as
transitional guidance related to the transition of the duties Contractor
previously performed in connection with Contractor’s prior position as MAKO’s
Senior Vice President of Sales and Marketing. Contractor shall provide the
Services for up to ten (10) hours a week during the term of this Agreement. 

	
  

 	
  

 	
  

 
	
 MAKO Contractor Agreement 

 Form Approved June 2012

 	
Page 1 of 1

 	
 Contractor:
 S. Nunes

 20120717.B

 

Exhibit II

COMPENSATION

	
  

 	
  

 
	
 A.       Monthly Fee. In full consideration
 for Contractor’s timely and satisfactory completion and/or delivery of the
 Services and any Deliverables, and conditioned on Contractor not
 exceeding the time allocation set forth in Exhibit I, Contractor shall be paid six thousand
 dollars ($6,000) per month. Should the parties wish to adjust the monthly fee
 based on any change the scope of duties, such adjustment shall only be
 pursuant to a mutually executed written agreement. 

 
	
  

 	
  

 
	
 B.       Travel. Contractor shall be
 compensated for travel time associated with providing Services and
 Deliverables only when pre-approved by MAKO’s Chief Executive Officer in
 writing. 

 
	
  

 	
  

 
	
 C.       MAKO Property. MAKO may provide
 Contractor with MAKO property, including without limitation a laptop, from
 time to time for Contractor’s use in connection with Contractor’s delivery of
 the Services and Deliverables. Such property shall be MAKO’ sole and
 exclusive property and shall be delivered to MAKO by Contractor promptly at
 the request of MAKO or upon conclusion of the performance of the requested
 services or termination of this Agreement. 

 
	
  

 	
  

 
	
 D.       No Other Compensation; No Benefits. Contractor
agrees that no compensation will be due from MAKO beyond any payments due
under the Employment Agreement and what has been expressly outlined in this
Exhibit II, unless approved in writing in advance by MAKO.  

 
	
  

 	
  

 
	
 E.       Expenses. The reasonable and actual
 costs incurred by Contractor for materials provided or consumed in the course
 of rendering the Services under this Agreement shall be reimbursed only if
 approved in advance by MAKO and adequate supporting documentation of the
 costs incurred is provided. All requests for reimbursement must be made in
 writing using a MAKO Surgical Corp. Expense Report promptly after the expense
 is incurred. Reimbursement shall be made within a reasonable period (not to
 exceed three weeks) after the written request and supporting documentation is
 provided. 

 

	
  

 	
  

 	
  

 
	
 MAKO Contractor Agreement 

 Form Approved June 2012

 	
Page 1 of 1

 	
 Contractor:
 S. Nunes

 20120717.B

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