Document:

Form of Indemnification Agreement

 Exhibit 10.25 
 FORM OF INDEMNIFICATION AGREEMENT 
 This Agreement is made as of
                    , 2006, between Applied Precision, Inc., a Delaware corporation (the “Company”), and
                     (the “Indemnitee”). 
 RECITALS 
 Both the Company and Indemnitee recognize that highly competent persons have become
more reluctant to serve publicly-held corporations as directors or in other capacities unless they are provided with adequate protection through insurance or adequate indemnification against inordinate risks of claims and actions against them
arising out of their service to and activities on behalf of the corporation. 
 In recognition of Indemnitee’s need for substantial
protection against personal liability in order to enhance Indemnitee’s continued service to the Company in an effective manner and Indemnitee’s reliance on the provisions of the Company’s Certificate of Incorporation
(“Certificate of Incorporation”) and the Company’s Bylaws (the “Bylaws”) requiring indemnification of the Indemnitee to the fullest extent permitted by law, and in part to provide Indemnitee with specific
contractual assurance that the protection promised by such Certificate of Incorporation and Bylaws will be available to Indemnitee (regardless of, among other things, any amendment to or revocation of such Certificate of Incorporation or Bylaws or
any change in the composition of the Company’s Board of Directors or acquisition transaction relating to the Company), the Company wishes to provide in this Agreement for the indemnification of and the advancing of expenses to Indemnitee to the
fullest extent (whether partial or complete) permitted by law and as set forth in this Agreement. 
 The Certificate of Incorporation, the
Bylaws and the General Corporation Law of the State of Delaware (“DGCL”) expressly provide that the indemnification provisions set forth therein are not exclusive and thereby contemplate that contracts may be entered into between
the Company and members of the board of directors, officers and other persons with respect to indemnification. 
 It is reasonable, prudent
and necessary for the Company contractually to obligate itself to indemnify, and to advance expenses on behalf of, such persons to the fullest extent permitted by applicable law so that they will serve or continue to serve the Company free from
undue concern that they will not be so indemnified. 
 This Agreement is a supplement to and in furtherance of the Certificate of
Incorporation and Bylaws and any resolutions adopted pursuant thereto and shall not be deemed a substitute therefor, nor to diminish or abrogate any rights of Indemnitee thereunder. 
 AGREEMENT 
 In consideration of the premises and of Indemnitee agreeing
to serve or continuing to serve the Company directly or, at its request, with another enterprise, and intending to be legally 

 
bound hereby, the parties hereto agree as follows: 
 1. Basic Indemnification Agreement. 
 (a) In the event Indemnitee was, is or becomes a party to or witness or
other participant in, or is threatened to be made a party to or witness or other participant in, a Claim (as defined in Section 9(b)) by reason of (or arising in part out of) an Indemnifiable Event (as defined in Section 9(d)), the Company
shall indemnify Indemnitee to the fullest extent permitted by law as soon as practicable but in any event no later than 30 days after written demand is presented to the Company, against any and all Expenses (as defined in Section 9(c)),
judgments, fines, penalties and amounts paid in settlement (including all interest, assessments and other charges paid or payable in connection therewith) of such Claim actually and reasonably incurred by or on behalf of Indemnitee in connection
with such Claim and any federal, state, local or foreign taxes imposed on Indemnitee as a result of the actual or deemed receipt of any payments under this Agreement. If requested by Indemnitee in writing, the Company shall advance (within ten
business days of such written request) any and all Expenses to Indemnitee (an “Expense Advance”). Notwithstanding anything in this Agreement to the contrary, prior to a Change of Control (as defined in Section 9(a)) and except
as set forth in Sections 1(b), 3 and 7, Indemnitee shall not be entitled to indemnification pursuant to this Agreement in connection with any Claim (i) initiated by Indemnitee against the Company or any director or officer of the Company unless
the Company has joined in or consented to the initiation of such Claim; (ii) made on account of Indemnitee’s conduct which constitutes a breach of Indemnitee’s duty of loyalty to the Company or its stockholders or is an act or
omission not in good faith or which involves intentional misconduct or a knowing violation of the law; or (iii) arising from the purchase and sale by Indemnitee of securities in violation of Section 16(b) of the Securities Exchange Act of
1934, as amended (the “Exchange Act”). 
 (b) Notwithstanding the foregoing, (i) the indemnification obligations of the
Company under Section 1(a) shall not be applicable if the Reviewing Party (as defined in Section 9(f)) has determined (in a written opinion, in any case in which the special independent counsel referred to in Section 2 is involved)
that Indemnitee would not be permitted to be indemnified under applicable law, and (ii) the obligation of the Company to make an Expense Advance pursuant to Section 1(a) shall be subject to the condition that the Company receives an
undertaking that, if, when and to the extent that the Reviewing Party determines that Indemnitee would not be permitted to be so indemnified under applicable law, the Company shall be entitled to be reimbursed by Indemnitee (who hereby agrees to
reimburse the Company) for all such amounts theretofore paid; provided, however, that if Indemnitee has commenced legal proceedings in the Court of Chancery of the State of Delaware (the “Delaware Court”) to secure a determination
that Indemnitee should be indemnified under applicable law, any determination made by the Reviewing Party that Indemnitee would not be permitted to be indemnified under applicable law shall not be binding and Indemnitee shall not be required to
reimburse the Company for any Expense Advance until a final judicial determination is made with respect thereto (as to which all rights of appeal therefrom have been exhausted or lapsed). Indemnitee’s obligation to reimburse the Company for
Expense Advances shall be unsecured and no interest shall be charged thereon. If there has not been a Change in Control, the Reviewing Party shall be selected by the Board of Directors, and if there has been such a Change in Control, the 

  

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Reviewing Party shall be the special independent counsel referred to in Section 2. If there has been no determination by the Reviewing Party or if the
Reviewing Party determines that Indemnitee substantively would not be permitted to be indemnified in whole or in part under applicable law, Indemnitee shall have the right to commence litigation in the Delaware Court seeking an initial determination
by the court or challenging any such determination by the Reviewing Party or any aspect thereof and the Company hereby consents to service of process and to appear in any such proceeding. Any determination by the Reviewing Party otherwise shall be
conclusive and binding on the Company and Indemnitee. The Company shall indemnify Indemnitee for Expenses incurred by Indemnitee in connection with the successful establishment or enforcement, in whole or in part, by Indemnitee of Indemnitee’s
right to indemnification or advances. 
 2. Change in Control. The Company agrees that if there is a Change in Control of the
Company (other than a Change in Control which has been approved by two- thirds or more of the Company’s Board of Directors who were directors immediately prior to such Change in Control) then with respect to all matters thereafter arising
concerning the rights of Indemnitee to indemnity payments and Expense Advances under this Agreement or any other agreement, the Bylaws or Certificate of Incorporation now or hereafter in effect relating to Claims for Indemnifiable Events, the
Company shall seek legal advice only from special independent counsel selected by Indemnitee and approved by the Company (which approval shall not be unreasonably withheld or delayed) and who has not otherwise performed services for the Company
within the last five years (other than in connection with such matters) or for Indemnitee. In the event that Indemnitee and the Company are unable to agree on the selection of the special independent counsel, such special independent counsel shall
be selected by lot from among at least five law firms with offices in the State of Delaware having more than fifty attorneys, having a rating of “av” or better in the then current Martindale Hubbell Law Directory and having attorneys which
specialize in corporate law. Such selection shall be made in the presence of Indemnitee (and his legal counsel or either of them, as Indemnitee may elect). Such counsel, among other things, shall, within 90 days of its retention, render its written
opinion to the Company and Indemnitee as to whether and to what extent Indemnitee would be permitted to be indemnified under applicable law. The Company agrees to pay the reasonable fees of the special independent counsel referred to above and to
fully indemnify such counsel against any and all expenses (including attorneys’ fees), claims, liabilities, and damages arising out of or relating to this Agreement or its engagement pursuant hereto. 
 3. Indemnification for Additional Expenses. The Company shall indemnify Indemnitee against any and all expenses (including attorneys’
fees) and, if requested by Indemnitee in writing, shall (within ten business days of such written request) advance such expenses to Indemnitee, which are incurred by Indemnitee in connection with any Claim asserted against or action brought by
Indemnitee for (i) indemnification or advance payment of Expenses by the Company under this Agreement or any other agreement, the Bylaws or Certificate of Incorporation now or hereafter in effect relating to Claims for Indemnifiable Events
and/or (ii) recovery under any directors’ and officers’ liability insurance policies maintained by the Company, regardless of whether the Company believes that Indemnitee is entitled to such indemnification, advance expense payment or
insurance recovery, as the case may be. The Indemnitee shall qualify for advances solely upon the execution and delivery to the Company of 

  

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an undertaking providing that the Indemnitee undertakes to repay the advance to the extent that it is ultimately determined that the Indemnitee is not
entitled to be indemnified by the Company. 
 4. Partial Indemnity. If Indemnitee is entitled under any provisions of this
Agreement to indemnification by the Company of some but not all of the Expenses, liabilities, judgments, fines, penalties and amounts paid in settlement of a Claim, the Company shall nevertheless indemnify Indemnitee for the portion thereof to which
Indemnitee is entitled. Moreover, notwithstanding any other provision of this Agreement, to the extent that Indemnitee has been successful on the merits or otherwise in defense of any or all Claims relating in whole or in part to an Indemnifiable
Event or in defense of any issue or matter therein, including dismissal without prejudice, Indemnitee shall be indemnified against all Expenses incurred in connection therewith. In connection with any determination by the Reviewing Party or
otherwise as to whether Indemnitee is entitled to be indemnified hereunder the burden of proof shall be on the Company to establish that Indemnitee is not so entitled. 
 5. No Presumption. For purposes of this Agreement, the termination of any action, suit or proceeding by judgment, order, settlement (whether with or without court approval) or conviction, or upon a plea
of nolo contendere, or its equivalent, shall not create a presumption that Indemnitee did not meet any particular standard of conduct or have any particular belief. 
 6. Notification and Defense of Claim. Within 30 days after receipt by Indemnitee of notice of the commencement of a Claim which may involve an Indemnifiable Event, Indemnitee will, if a claim in respect
thereof is to be made against the Company under this Agreement, submit to the Company a written notice identifying the proceeding, but the omission so to notify the Company will not relieve it from any liability which it may have to Indemnitee under
this Agreement unless the Company is materially prejudiced by such lack of notice. With respect to any such Claim as to which Indemnitee notifies the Company of the commencement thereof: 
 (a) the Company will be entitled to participate therein at its own expense; 
 (b) except as otherwise provided below, to the extent that it may wish, the Company jointly with any other indemnifying party similarly notified will be
entitled to assume the defense thereof, with counsel selected by the Board of Directors and satisfactory to Indemnitee. After notice from the Company to Indemnitee of its election to assume the defense thereof, the Company will not be liable to
Indemnitee under this Agreement for any legal or other expenses subsequently incurred by Indemnitee in connection with the defense thereof other than reasonable costs of investigation or as otherwise provided below. Indemnitee shall have the right
to employ its own counsel in such action, suit or proceeding, but the fees and expenses of such counsel incurred after notice from the Company of its assumption of the defense thereof shall be at the expense of Indemnitee unless (i) the
employment of counsel by Indemnitee has been authorized by the Company, (ii) Indemnitee shall have reasonably concluded that there may be a conflict of interest between the Company and the Indemnitee in the conduct of the defense of such
action, or (iii) the Company shall not in fact have employed counsel to assume the defense of such action, in each of which cases the fees and expenses of counsel shall be at the expense of the Company. The Company shall not be entitled to
assume the defense of any claim brought by 

  

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or on behalf of the Company or as to which Indemnitee shall have made the conclusion provided for in clause (ii) above; and 
 (c) the Company shall not be liable to indemnify Indemnitee under this Agreement for any amounts paid in settlement of any action or claim effected
without its written consent. The Company shall not settle any action or claim in any manner which would impose any penalty or limitation on Indemnitee without Indemnitee’s written consent. Neither the Company nor Indemnitee will unreasonably
withhold or delay their consent to any proposed settlement. 
 7. Non-exclusivity. The rights of Indemnitee hereunder shall be
in addition to any other rights Indemnitee may have under the Certificate of Incorporation, the Bylaws, the DGCL, any agreement, a vote of the stockholders, a resolution of directors or otherwise. No amendment, alteration or repeal of this Agreement
or of any provision hereof shall limit or restrict any right of Indemnitee under this Agreement in respect of any action taken or omitted by such Indemnitee acting on behalf of the Company and at the request of the Company prior to such amendment,
alteration or repeal. To the extent that a change in the DGCL (whether by statute or judicial decision), the Certificate of Incorporation or the Bylaws permits greater indemnification by agreement than would be afforded currently under the
Certificate of Incorporation, the Bylaws and this Agreement, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits so afforded by such change. No right or remedy herein conferred is intended to be
exclusive of any other right or remedy, and every other right and remedy shall be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment
of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other right or remedy. 
 8.
Liability Insurance. To the extent the Company maintains an insurance policy or policies providing directors’ and officers’ liability insurance, Indemnitee shall be covered by such policy or policies in accordance with its or
their terms to the maximum extent of the coverage available for any Company director or officer. If, at the time the Company receives notice from any source of a Claim as to which Indemnitee is a party or a participant (as a witness or otherwise),
the Company has director and officer liability insurance in effect, the Company shall give prompt notice of such Proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all
necessary or desirable action to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such Claim in accordance with the terms of such policies. In the event of a Potential Change in Control (as defined in
Section 9), the Company shall maintain in force any and all insurance policies then maintained by the Company providing directors’ and officers’ liability insurance, in respect of Indemnitee, for a period of six years thereafter. The
Company shall indemnify Indemnitee for Expenses incurred by Indemnitee in connection with any successful action brought by Indemnitee for recovery under any insurance policy referred to in this Section 8 and shall advance to Indemnitee the
Expenses of such action in the manner provided in Section 3 above. 
  

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 9. Certain Definitions. 
 (a) A “Change in Control” shall be deemed to have occurred if: 
 (1) any person, as that term is used in Section 13(d) and Section 14(d)(2) of the Exchange Act, becomes, is discovered to be, or
files a report on Schedule 13D or 14D-1 (or any successor schedule, form or report) disclosing that such person is a beneficial owner (as defined in Rule 13d-3 under the Exchange Act or any successor rule or regulation), directly or indirectly, of
securities of the Company representing 20% or more of the total voting power of the Company’s then outstanding Voting Securities (unless such person becomes such a beneficial owner in connection with the initial public offering of the Company);

 (2) during any period of two consecutive years, individuals who at the beginning of such period constitute the Board of
Directors of the Company and any new director whose election by the Board of Directors or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds of the directors then still in office who either were
directors at the beginning of the period or whose election or nomination for election was previously so approved, cease for any reason to constitute a majority thereof; 
 (3) the Company, or any material subsidiary of the Company, is merged, consolidated or reorganized into or with another corporation or
other legal person (an “Acquiring Person”) or securities of the Company are exchanged for securities of an Acquiring Person, and immediately after such merger, consolidation, reorganization or exchange less than a majority of the
combined voting power of the then outstanding securities of the Acquiring Person immediately after such transaction are held, directly or indirectly, in the aggregate by the holders of Voting Securities immediately prior to such transaction;

 (4) the Company, or any material subsidiary of the Company, in any transaction or series of related transactions, sells or
otherwise transfers all or substantially all of its assets to an Acquiring Person, and less than a majority of the combined voting power of the then outstanding securities of the Acquiring Person immediately after such sale or transfer is held,
directly or indirectly, in the aggregate by the holders of Voting Securities immediately prior to such sale or transfer; 
 (5) the Company and its subsidiaries, in any transaction or series of related transactions, sells or otherwise transfers business operations that generated two thirds or more of the consolidated revenues (determined on the basis of the
Company’s four most recently completed fiscal quarters) of the Company and its subsidiaries immediately prior thereto; 
 (6) the Company files a report or proxy statement with the Securities and Exchange Commission pursuant to the Exchange Act disclosing that a change 

  

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in control of the Company has or may have occurred or will or may occur in the future pursuant to any then existing contract or transaction; or 

(7) any other transaction or series of related transactions occur that have substantially the effect of the transactions specified in
any of the preceding clauses in this paragraph (ii). 
 Notwithstanding the provisions of Section 9(a)(1) or 9(a)(4), unless otherwise determined in a
specific case by majority vote of the Board of Directors of the Company, a Change of Control shall not be deemed to have occurred for purposes of this Agreement solely because (i) the Company, (ii) an entity in which the Company directly
or indirectly beneficially owns 50% or more of the voting securities or (iii) any Company sponsored employee stock ownership plan, or any other employee benefit plan of the Company, either files or becomes obligated to file a report or a proxy
statement under or in response to Schedule 13D, Schedule 14D-1, Form 8-K or Schedule 14A (or any successor schedule, form or report or item therein) under the Exchange Act, disclosing beneficial ownership by it of shares of stock of the Company, or
because the Company reports that a Change in Control of the Company has or may have occurred or will or may occur in the future by reason of such beneficial ownership. 
 (b) A “Claim” is any threatened, pending or completed action, suit, proceeding or alternative dispute resolution mechanism, or any inquiry, hearing or investigation whether conducted by the Company or any
other party, whether civil, criminal, administrative, investigative or other. 
 (c) “Expenses” include attorneys’ fees and all
other costs, fees, expenses and obligations of any nature whatsoever paid or incurred in connection with investigating, defending, being a witness in or participating in (including appeal), or preparing to defend, be a witness in or participate in
any Claim relating to any Indemnifiable Event. 
 (d) An “Indemnifiable Event” is any event or occurrence (whether before or after
the date hereof) related to the fact that Indemnitee is or was a director, officer, employee, consultant, agent or fiduciary of or to the Company, or any subsidiary of the Company, or is or was serving at the request of the Company as a director,
officer, employee, trustee, agent or fiduciary of another corporation, partnership, joint venture, employee benefit plan, trust or other enterprise, or by reason of anything done or not done by Indemnitee in any such capacity. 
 (e) A “Potential Change in Control” shall be deemed to have occurred if (i) the Company enters into an agreement, the consummation of which
would result in the occurrence of a Change in Control; (ii) any person (including the Company) publicly announces an intention to take or to consider taking actions which, if consummated, would constitute a Change in Control; (iii) any
person, other than a trustee or other fiduciary holding securities under an employee benefit plan of the Company or a corporation owned, directly or indirectly, by the stockholders of the Company in substantially the same proportions as their
ownership of stock of the Company, who is or becomes the beneficial owner, directly or indirectly, of securities of the Company representing 9.5% or more of the combined voting power of the Company’s then outstanding Voting Securities,
increases such person’s beneficial ownership of 

  

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such securities by five percentage points or more over the initial percentage of such securities; or (iv) the Board of Directors of the Company adopts a
resolution to the effect that, for purposes of this Agreement, a Potential Change in Control has occurred. 
 (f) A “Reviewing
Party” is (i) the Company’s Board of Directors (provided that a majority of directors are not parties to the particular Claim for which Indemnitee is seeking indemnification) or (ii) any other person or body appointed by the
Company’s Board of Directors, who is not a party to the particular Claim for which Indemnitee is seeking indemnification, or (iii) if there has been a Change in Control, the special independent counsel referred to in Section 2 hereof.

 (g) “Voting Securities” means any securities of the Company which vote generally in the election of directors. 
 10. Amendments, Termination and Waiver. No supplement, modification, amendment or termination of this Agreement shall be binding unless
executed in writing by both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof (whether or not similar) nor shall such waiver constitute a
continuing waiver. 
 11. Contribution. If the indemnification provided in Sections 1 and 3 is unavailable, then, in respect of
any Claim in which the Company is jointly liable with Indemnitee (or would be if joined in the Claim), the Company shall contribute to the amount of Expenses, judgments, fines, penalties and amounts paid in settlement as appropriate to reflect:
(i) the relative benefits received by the Company, on the one hand, and Indemnitee, on the other hand, from the transaction from which the Claim arose, and (ii) the relative fault of the Company, on the one hand, and of Indemnitee, on the
other, in connection with the events which resulted in such Expenses, judgments, fines, penalties and amounts paid in settlement, as well as any other relevant equitable considerations. The relative fault of the Company, on the one hand, and of
Indemnitee, on the other, shall be determined by reference to, among other things, the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent the circumstances resulting in such Expenses and
Liabilities. The Company agrees that it would not be just and equitable if contribution pursuant to this Section 11 were determined by pro rata allocation or any other method of allocation which does not take account of the equitable
considerations described in this Section 11. 
 12. Subrogation. In the event of payment under this Agreement, the Company
shall be subrogated to the extent of such payment to all of the rights of recovery of Indemnitee, who shall execute all papers required and shall do everything that may be necessary to secure such rights, including the execution of such documents
necessary to enable the Company effectively to bring suit to enforce such rights. 
 13. No Duplication of Payments. The
Company shall not be liable under this Agreement to make any payment in connection with any Claim made against Indemnitee to the extent Indemnitee has otherwise actually received payment (under insurance policy, Certificate of Incorporation or
otherwise) of the amounts otherwise indemnifiable hereunder. 
  

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 14. Binding Effect. This Agreement shall be binding upon and inure to the benefit of and be
enforceable by the parties hereto and their respective successors, assigns, including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business and/or assets of the Company, spouse,
heirs, and personal and legal representatives. This Agreement shall continue in effect regardless of whether Indemnitee continues to serve as a director or officer (or in one of the capacities enumerated in Section 9(d) hereof) of the Company
or of any other enterprise at the Board of Director’s request. 
 15. Severability. The provisions of this Agreement shall
be severable in the event that any of the provisions hereof (including any provision within a single section, paragraph or sentence) are held by a court of competent jurisdiction to be invalid, void or otherwise unenforceable, and the remaining
provisions shall remain enforceable to the fullest extent permitted by law. 
 16. Applicable Law and Consent to Jurisdiction.
This Agreement and the legal relations among the parties shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware, without regard to its conflict of laws rules. The Company and Indemnitee hereby
irrevocably and unconditionally (i) agree that any action or proceeding arising out of or in connection with this Agreement shall be brought only in the Delaware Court and not in any other state or federal court in the United States of America
or any court in any other country, (ii) consent to submit to the exclusive jurisdiction of the Delaware Court for purposes of any action or proceeding arising out of or in connection with this Agreement, (iii) appoint, irrevocably, to the
extent such party is not a resident of the State of Delaware, as its agent in the State of Delaware as such party’s agent for acceptance of legal process in connection with any such action or proceeding against such party with the same legal
force and validity as if served upon such party personally within the State of Delaware, (iv) waive any objection to the laying of venue of any such action or proceeding in the Delaware Court, and (v) waive, and agree not to plead or to
make, any claim that any such action or proceeding brought in the Delaware Court has been brought in an improper or inconvenient forum. 
  

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 17. Identical Counterparts. This Agreement may be executed in one or more counterparts,
each of which shall for all purposes be deemed to be an original but all of which together shall constitute one and the same Agreement. Only one such counterpart signed by the party against whom enforceability is sought needs to be produced to
evidence the existence of this Agreement. 
 Executed this              day of
            , 200  . 
  

			
	 APPLIED PRECISION, INC.

		
	 By:
	 	  
		
	 Name:
	 	  
		
	 Title:
	 	  

			
		
	 Address:
	 	1040 12th Avenue N.W
		 	 Issaquah, WA 98027-8929

		
	 Fax Number:
	 	

  

			
	 AGREED TO AND ACCEPTED:

	
	 [Name]

	
	  
	 (Signature)

		
	Address:	 	
		
	Fax Number:	 	  

  

 -10-Employment Agreement with Ronald C. Seubert

 Exhibit 10.26 
 EMPLOYMENT AGREEMENT 
 THIS EMPLOYMENT AGREEMENT (“Agreement”) is made this 18th day of January, 2002 (the “Effective Date”) between Applied Precision, LLC, a Delaware limited liability company
(“Employer”), and Ronald C. Seubert (“Executive”). 
 RECITALS 
 A. Applied Precision, Inc. (“API”), Riverside Fund, II, L.P. (“Riverside”), Employer and the founders of API, including Executive,
are parties to an Investment Agreement of even date (the “IA”) that provides for or refers to, among other things, the formation of Employer, the contribution of assets (including Confidential Information, as defined in this Agreement) by
APT to Employer, the purchase of an interest in Employer and contribution of funds to Employer by Riverside and the payment of certain amounts for distribution among API’s founders, including Executive (the “Transaction”). Entry into
this Agreement is a condition to consummation of the Transaction. 
 B. Executive has served as Treasurer of API and is one of its founders.
Executive’s previous experience with API has provided and Executive’s employment with Employer under this Agreement continues to provide Executive with access to Confidential Information, as defined in this Agreement, whose continued
confidentiality is vital to Employer’s ability to successfully compete. 
 C. In connection with the Transaction, Employer desires to
employ Executive and to obtain assurance that Executive will protect Employer’s Confidential Information and will not compete with Employer or solicit its customers or its employees during the term of Executive’s employment with Employer
and for a reasonable period of time after termination of employment pursuant to this Agreement. Executive is willing to agree to these terms and wishes to be employed by Employer under the terms and conditions of this Agreement. 
 AGREEMENT 
 NOW, THEREFORE, in
consideration of the mutual covenants herein contained, and other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, Executive and Employer agree as follows: 
 1. Employment. 
 1.1 Employer hereby employs
Executive, and Executive agrees to be employed as Chief Executive Officer of Employer. Executive’s responsibilities shall include the responsibilities customarily assigned to a Chief Executive Officer and related responsibilities assigned by
Employer’s Management Board (the “Management Board”). Executive will report to Employer’s Management Board. Executive will devote Executive’s full professional time and 

 
attention to Executive’s employment with Employer. Executive shall follow the reasonable instructions of the Management Board of Employer and will
comply in all material respects with all rules, policies and procedures of Employer as modified from time to time, including without limitation, rules and procedures set forth in any employee handbook, supervisor’s manuals and operating manuals
as may be adopted by the Employer from time to time in Employer’s sole discretion, to the extent that they are not inconsistent with this Agreement. Executive will perform all of Executive’s responsibilities in compliance with all
applicable laws. During Executive’s employment, Executive will not engage in any other business activity that prevents Executive from carrying out Executive’s obligations under this Agreement, whether or not such activity is pursued for
gain, profit or other pecuniary advantage. 
 1.2 Notwithstanding the provisions of Section 1.1, the Management Board reserves
the right to replace the Executive as the Employer’s Chief Executive Officer, and to appoint the Executive to a different senior executive position with the Employer. In that event, the Executive’s responsibilities will be those that are
customarily associated with such position, and related executive responsibilities assigned by Management Board; provided, however, such event shall not alter the other terms of this Agreement, including without limitation Executive’s
compensation as set forth in Section 3. 
 2. Term of Employment. 
 2.1 The initial term of employment under this Agreement shall be for a three (3) year period commencing on the Effective Date (the “Initial Term”), provided, however, that the effectiveness of
this Agreement is conditioned upon the closing of the Transaction. This Agreement shall be deemed to be renewed beyond the Initial Term for successive one year periods (each, an “Extended Term”) unless either party to this Agreement gives
not less than six months’ notice prior to the expiration of the Initial Term or any then current Extended Term, that it will not be extended. The Initial Term and all such Extended Terms, if any, are collectively referred to in this Agreement
as the “Employment Term.” 
 2.2 Executive’s employment with Employer may continue beyond the Employment term, even if
the Employment Term expires in accordance with Section 2.1. If Executive’s employment continues beyond the Initial Term, and any Extended Terms, if any, such employment shall be terminable at-will, and, in such case either Executive or
Employer may terminate Executive’s employment at any time and for any reason or no reason, upon two weeks’ notice, except that no advance notice is required if Employer terminates Executive’s employment for Cause as defined in this
Agreement. Employer may provide pay in lieu of part or all of the two weeks notice in the amount of base salary that would have been earned during the notice period not given. 
 3. Compensation. For the duration of Executive’s employment under this Agreement, Executive shall be entitled to compensation computed and paid pursuant to the following subparagraphs and subject to
permitted or required withholdings and deductions: 
  

 2 

 3.1 Salary. Executive shall be paid an annual gross salary at the rate of one hundred seventy-five
thousand dollars ($175,000) in 2002, one hundred eighty-seven thousand five hundred dollars ($187,500) in 2003, and two hundred thousand dollars ($200,000) in 2004 and thereafter (each being referred to as the “Annual Base Salary”), with
the actual amount paid to be prorated for the actual period of employment, payable in equal installments in accordance with Employer’s normal payroll practices. Employer may review Executive’s salary from time to time as part of a review
of Executive’s performance and other relevant factors and may determine in its sole discretion whether any increase in salary shall be made. The amount of salary earned by Executive may not be reduced below the amount of salary identified in
this Section 3.1 during the Employment Term. 
 3.2 Bonus. At its discretion, the Management Board (with the approval of a
Majority of Preferred Members, as defined in the Limited Liability Company Agreement of Applied Precision Holdings, LLC (the “LLC Agreement”) may provide Executive an annual bonus up to 100% of Annual Base Salary. It is anticipated that
the Bonus will be based on the achievement of performance targets established periodically by the Management Board. 
 4. Other Benefits. 

4.1 Certain Benefits. Executive may participate in employee benefit programs established by Employer for personnel on a basis commensurate with
Executive’s position and in accordance with Employer’s policies from time to time, including eligibility requirements, but nothing herein shall require the adoption or maintenance of any such plan. 
 4.2 Vacation and Holidays. Executive shall be entitled to all public holidays observed by Employer and vacation days in accordance with applicable
vacation policies for senior executives of Employer, as they may be amended from time to time. 
 4.3 Expenses. Employer shall
reimburse Executive in accordance with Employer’s policies and procedures for reasonable expenses necessarily incurred in Executive’s performance of Executive’s duties against appropriate receipts and vouchers indicating the specific
business purpose for each such expenditure. 
 5. Termination. Executive’s employment under this Agreement may be terminated during the
Employment Term without any breach of this Agreement under any of the circumstances described in Sections 5.1, 5.2 and 5.3 and shall terminate automatically under the circumstances described in Section 5.4, subject to the provisions of this
Agreement: 
 5.1 Employment may be terminated by Employer with Cause as determined by the Management Board of Employer.
“Cause,” as used herein, means any of the following: (i) any material breach of this Agreement by Executive which, if curable, has not been cured within 20 days after Executive has been given written notice of the need to cure such
breach, or which breach, if previously cured, recurs; (ii) unauthorized use or disclosure of Confidential Information, as defined in this Agreement; (iii) Executive’s continued willful and intentional 

  

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failure to satisfactorily perform Executive’s essential responsibilities, in the good faith discretion of the Management Board, provided that Executive
has been given written notice of the need to cure the failure within 20 days and cure has not been effected within that time period, or which failure, if previously cured, recurs, except to the extent that such failure is caused by Total Disability,
as defined in this Agreement; (iv) material failure of Executive to comply with rules, policies or procedures of Employer as they may be amended from time to time, provided that Executive has been given written notice of the need to cure the
failure, if such failure is curable, within 20 days and cure has not been effected within that time period, or which failure, if previously cured, recurs; (v) dishonesty, fraud or gross negligence related to the business; (iv) conduct that
is materially detrimental to the business; or (vii) conviction of or plea of n lo contendere to a felony. 
 5.2
Employment may be terminated by Executive with Good Reason or with six (6) months’ notice to Employer. “Good Reason,” as used herein, means (a) any material breach of this Agreement by Employer which, if curable, has not
been cured within 20 days after Employer has been given written notice of the need to cure the breach, or which breach, if previously cured, recurs; (b) assignment of Executive, without Executive’s consent, to a position that is not a
Senior Executive; or (c) Employer’s demand that Executive relocate out of the metropolitan Seattle area. 
 5.3 Employment
may be terminated by Employer or Executive due to the Total Disability of Executive. The term “Total Disability” as used herein shall have the same meaning as the term “Total Disability” as used in Employer’s long-term
disability policy in effect at the time of termination, if one exists. If Employer does not have a long-term disability policy in effect at such time, the term “Total Disability” shall mean Executive’s inability (with or without such
accommodation as may be required by law protecting persons with disabilities) to perform the essential functions of Executive’s duties hereunder for a period aggregating to 120 calendar days in a twelve (12) month period. 
 5.4 Death. Employment shall terminate automatically upon death. 
 5.5 Any termination of Executive’s employment by Executive or Employer (other than death) shall be communicated by written notice of termination to the other party in accordance with Section 18 of
this Agreement. 
 6. Compensation upon Termination. The following provisions pertaining to Executive’s compensation shall be observed upon
termination of Executive’s employment. Any amount payable to Executive under this Section 6 shall be subject to all applicable federal, state and local withholdings, or payroll or other taxes. Except as set forth in this Section 6,
upon termination of employment, Executive shall not he entitled to further payments, severance or other benefits arising under this Agreement or from Executive’s employment with Employer or its termination. 
  

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 6.1 By Employer with Cause or by Executive without Good Reason or Total Disability during
Employment Term. If Employer terminates Executive’s employment during the Employment Term for Cause or if Executive terminates Executive’s employment during the Employment Term other than for Good Reason or Total Disability, Executive
shall be paid for unpaid wages and unused accrued vacation earned through the termination date. If Executive terminates employment during the Employment Term other than for Good Reason or Total Disability, Executive shall be required to give written
notice of at least six (6) months (the date of such notice being the “Notice Date”), provided, however, that in such case Employer may accelerate such termination date to a date no earlier than thirty (30) days after the date
Executive provides notice of termination and may relieve Executive of Executive’s responsibilities at any time after Executive provides such notice. 
 6.2 By Employer other than for Cause or Total Disability or by Executive for Good Reason during Employment Term. If Employer terminates Executive’s employment during the Employment Term other than for
Total Disability or Cause or if Executive terminates Executive’s employment during the Employment Term for Good Reason, Employer shall pay to Executive the amounts set forth in this Section 6.2, provided, however, that Executive’s
entitlement to the amounts described in Sections 6.2.2 and 6.2.3 is conditioned upon Executive signing and delivering to Employer upon such termination a release in substantially the form attached as Exhibit A (the “Release”). 

6.2.1 Unpaid wages and unused accrued vacation earned through the termination date; 
 6.2.2 If termination is during the Initial Term, a separation payment equal to the amount of base salary that Executive would have
earned had Executive remained continuously employed with Employer through the Initial Term (but, in any event, not less than one year’s base salary), or, if termination is during any Extended Term, a separation payment equal to one year’s
base salary, in each case based on the rate of salary payable to Executive under the terms of this Agreement. Such separation payment shall be made in a lump sum within ten (10) days after the termination date; and 
 6.2.3 If Executive elects to continue medical and/or dental coverage after termination of employment with Employer pursuant to the
Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”), if such act is applicable, monthly premium payments for Executive and Executive’s spouse for the period that Executive is eligible for such coverage but not to exceed
the period for which Executive is entitled to Separation Payments under this Agreement. If Executive is not eligible for COBRA coverage, Employer shall pay to Executive an allowance in the amount of six hundred dollars ($600) per month for such
period. 
 6.3 Total Disability during Employment Term. If Employer or Executive terminates Executive’s employment during the
Employment Term due to Executive’s Total Disability, Employer shall pay to Executive the amounts set forth in Sections 6.3.1, 6.3.2 and 6.3.3, provided, however, that Executive’s entitlement to the amounts described in Sections 6.3.2

  

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and 6.3.3 is conditioned upon Executive signing and delivering to Employer upon such termination a Release. 
 6.3.1 Unpaid wages and unused accrued vacation earned through the termination date; 
 6.3.2 A separation payment equal to the amount of base salary that Executive would have earned had Executive remained continuously
employed with Employer through the end of the Employment Term or six months, which ever is less, based on the rate of salary payable to Executive on the termination date. Such separation payment shall be made in a lump sum within ten (10) days
after the termination date; and 
 6.3.3 If Executive elects to continue medical and/or dental coverage after
termination of employment with Employer pursuant to COBRA, if such act is applicable, monthly premium payments for Executive and Executive’s spouse for the period that Executive is eligible for such coverage but not to exceed the period during
which Executive is entitled to Separation Payments under this Agreement. If Executive is not eligible for COBRA coverage, Employer shall pay to Executive an allowance in the amount of six hundred dollars ($600) per month for such period. 

6.4 Death during Employment Term. If Executive’s employment terminates due to death during the Employment Term, Employer shall pay to
Executive’s estate the unpaid wages and unused accrued vacation earned through the termination date. 
 6.5 By Employer or
Executive following Employment Term. If Executive’s employment terminates following the Employment Term, Executive shall be paid for unpaid wages and unused accrued vacation earned through the termination date, regardless of the reason for
termination, if any exists. 
 7. Confidential Information 
 7.1 Executive recognizes that the success of Employer and its current or future Affiliates (as defined below in this Section 7) depends upon the protection of information or materials that are designated
as confidential and/or proprietary at the time of disclosure or should, based on their nature or the circumstances surrounding such disclosure, reasonably be deemed confidential including, without limitation, information and technology to which
Executive has access while employed by Employer or to which Executive had access while employed by API (all such information being “Confidential Information”). “Confidential Information” includes without limitation, and whether
or not such information is specifically designated as confidential or proprietary: all business plans and marketing strategies; information concerning existing arid prospective markets, suppliers, and customers; financial information; information
concerning the development of new products and services; and technical and non-technical data related to software programs, designs, specifications, compilations, Inventions (as defined in Section 9.1), improvements, patent applications,
studies, research, methods, devices, 

  

 6 

 
prototypes, processes, procedures and techniques. Confidential Information expressly includes information provided to Employer or API by third parties under
circumstances that require Employer to maintain the confidentiality of such information. Notwithstanding the foregoing, following his employment with Employer, Executive shall have no confidentiality obligation with respect to disclosure of any
Confidential Information that (a) was, or at any time becomes, available in the public domain other than through a violation of this Agreement or (b) Executive can demonstrate by written evidence was furnished to Executive by a third party
in lawful possession thereof and who was not under an obligation of confidentiality to Employer or API. 
 7.2 Executive agrees that
during Executive’s employment and after termination of employment irrespective of cause, Executive will use Confidential information only for the benefit of Employer and will not directly or indirectly use or divulge, or permit others to use or
divulge, any Confidential Information for any reason, except as authorized by Employer. Notwithstanding the foregoing, Executive may disclose Confidential Information as required pursuant to an order or requirement of a court, administrative agency
or other government body, provided Executive has notified Employer immediately after receipt of such order or requirement and allowed Employer a meaningful opportunity to apply for protective measures. 
 7.3 Executive hereby assigns to Employer any rights Executive may have or acquire in such Confidential Information and acknowledges that all
Confidential Information shall be the sole property of Employer and its assigns. 
 7.4 There are no rights granted or any
understandings, agreements or representations between the parties hereto, express or implied, regarding Confidential Information that are not specified herein. No license under any patent or copyright now or hereafter obtained by Employer is granted
to Executive or agreed to be granted to Executive by either this Agreement or the disclosure of Confidential Information by Employer. 
 7.5 Executive’s obligation under this Agreement is in addition to any obligations Executive has under state or federal law. 
 7.6 Executive agrees that in the course of Executive’s employment with Employer, Executive will not violate in any way the rights that any entity, including former employers, has with regard to trade secrets or proprietary or
confidential information. 
 7.7 For purposes of this Agreement, the term “Affiliate” means any entity currently existing or
subsequently organized or formed that directly or indirectly controls, is controlled by or is under common control with Employer, whether through ownership of voting securities, by contract or otherwise. 
 7.8 Executive’s obligations under this Section 7 are indefinite in term and shall survive the termination of this Agreement. 

 

 7 

 7.9 If Executive continues to be employed by Employer or to serve on the Management Board after
the term of this Agreement (unless and until a new agreement is entered into by Executive and Employer), the foregoing provisions of this Section 7 shall continue in effect for such additional period. 
 8. Return of Company Property. Executive acknowledges that all tangible items containing any Confidential Information, including without limitation memoranda,
photographs, records, reports, manuals, drawings, blueprints, prototypes, notes, documents, drawings, specifications, software, media and other materials, including any copies thereof (including electronically recorded copies), are the exclusive
property of Employer, and Executive shall deliver to Employer all such material in Executive’s possession or control upon Employer’s request and in any event upon the termination of Executive’s employment with Employer. Executive
shall also return any keys, equipment, identification or credit cards, or other property belonging to Employer or its Affiliates upon termination or request. 
 9. Inventions. 
 9.1 Executive understands and agrees that all Inventions are the exclusive property of Employer. As
used in this Agreement, “Inventions” shall include without limitation ideas, discoveries, developments, concepts, inventions, original works of authorship, trademarks, mask works, trade secrets, ideas, data, information, know-how,
documentation, formulae, results, prototypes, designs, methods, processes, products, formulas and techniques, improvements to any of the foregoing, and all other matters ordinarily intended by the words “intellectual property,” whether or
not patentable, copyrightable, or otherwise able to be registered, which are developed, created, conceived of or reduced to practice by Executive, alone or with others, during Executive’s employment with Employer or Affiliates, whether or not
during working hours or within three (3) months thereafter and related to Employer’s then existing or proposed business. En recognition of Employer’s ownership of all Inventions, Executive shall make prompt and full disclosure to
Employer of, will hold in trust for the sole benefit of Employer, and (subject to Section 9.2 below) hereby assigns, and agrees to assign in the future, exclusively to Employer all of Executive’s right, title, and interest in and to any
and all such Inventions. 
 9.2 NOTICE REQUIRED BY REVISED CODE OF WASHINGTON 49.44.140: Executive understands that
Executive’s obligation to assign Inventions shall not apply to any Inventions for which no equipment, supplies, facilities, or trade secret information of Employer was used and that was developed entirely on Executive’s own time, unless
(a) the invention relates (i) directly to the business of Employer, or (ii) to Employer’s actual or demonstrably anticipated research or development, or (b) the invention results from any work performed by Executive for
Employer. 
 9.3 To the extent any works of authorship created by Executive made within the scope of employment may be considered
“works made for hire” under United States copyright laws, they are hereby agreed to be works made for hire. To the extent any such works do not qualify as a “work made for hire” under applicable law, and to the extent they
include 

  

 8 

 
material subject to copyright, Executive hereby irrevocably and exclusively assigns and conveys all rights, title and interests in such works to Employer
subject to no liens, claims or reserved rights. Executive hereby waives any and all “moral rights” that may be applicable to any of the foregoing, for any and all uses, alterations, and exploitation thereof by Employer, or its Affiliates,
or their successors, assignees or licensees. To the extent that any such “moral rights” may not be waived in accordance with law, Executive agrees not to bring any claims, actions or litigation against Employer, or its Affiliates, or their
successors, assignees or licensees, based on or to enforce such rights. Without limiting the preceding, Executive agrees that Employer may in its discretion edit, modify, recast, use, and promote any such works of authorship, and derivatives
thereof, with or without the use of Executive’s name or image, without compensation to Executive other than that expressly set forth herein. 
 9.4 Executive hereby waives and quitclaims to Employer any and all claims of any nature whatsoever that Executive now or hereafter may have for infringement of any patent or patents from any patent applications for any Inventions.
Executive agrees to cooperate fully with Employer and take all other such acts requested by Employer (including signing applications for patents, assignments, and other papers, and such things as Employer may require) to enable Employer to establish
and protect its ownership in any Inventions and to carry out the intent and purpose of this Agreement, during Executive’s employment or thereafter. If Executive fails to execute such documents by reason of death, mental or physical incapacity
or any other reason, Executive hereby irrevocably appoints Employer and its officers and agents as Executive’s agent and attorney-in-fact to execute such documents on Executive’s behalf 
 9.5 Excluded Inventions. 
 9.5.1 Executive agrees that Exhibit B to this Agreement lists all Inventions belonging to Executive that Executive wishes to have excluded from this Agreement because they have been made by Executive prior to Executive’s
employment with Employer and have not been assigned or licensed to Employer through the terms of another agreement or arrangement (the “Excluded Inventions”). Executive agrees to use his best efforts to negotiate with Employer regarding
those two parties’ possible entry into a license agreement, under which Executive would grant Employer an exclusive license to the Excluded Inventions in the field of use coterminous with “Competing Services or Products” (as that term
is defined in Section 10.1.1 below). Under such license agreement Employer would pay Executive a three percent (3%) royalty on the gross revenue received by Employer (and any entity operating pursuant to a relevant sublicense granted by
Employer) regarding all products sold by Employer (or such other entity) that contain or are developed, manufactured, or otherwise use such Excluded Inventions (the “Royalty”), provided that such Royalty would be payable only to the extent
such products would otherwise infringe a valid patent claim but for the license granted under the contemplated license agreement. In the event that the Excluded Inventions comprise only a component of the product sold, the Royalty would apply only
to the pro rata value of such component relative to the product taken as a whole. If no such list is attached, Executive represents and warrants that there are no such Inventions. 
  

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 9.5.2 If during Executive’s employment with Employer, Executive uses in the
specifications or development of, or otherwise incorporates into an Employer product, process, service, technology, or machine, or otherwise uses any invention, proprietary know-how, or other intellectual property in existence before the Effective
Date owned by Executive or in which Executive has any interest (“Existing Know-How”), Employer is hereby granted and shall have a non-exclusive, royalty-free, fully paid up, perpetual, irrevocable, worldwide right and license under the
Existing Know-How (including any patent or other intellectual property rights therein) to make, have made, use, sell, reproduce, distribute, make derivative works from, publicly perform and display, and import, and to sublicense any and all of the
foregoing rights to that Existing Know-How (including the right to grant further sublicenses) without restriction as to the extent of Executive’s ownership or interest, for so long as such Existing Know-How is in existence and is licensable by
Executive. 
 9.6 If Executive continues to be employed by Employer after the term of this Agreement (unless and until a new agreement
is entered into by Executive and Employer), the foregoing provisions of this Section 9 shall continue in effect for such additional period. 
 10.
Noncompetition and Nonsolicitation. 
 10.1 During Executive’s employment with Employer, and for a period expiring eighteen
(18) months after the earlier of (i) the termination of Executive’s employment, regardless of the reason, it’ any, for such termination, or (ii) the Notice Date, Executive shall not, directly or indirectly: 
 10.1.1 provide in any capacity any Competing Services or Products, or own, manage, operate, control, serve as a consultant to, be
employed by, participate in, or be connected, in any manner, with the ownership, management, operation or control of any business that provides any Competing Services or Products. For purposes of this Agreement, “Competing Services or
Products” shall mean any services or products of the type provided, designed or produced by Employer or API at any time during Executive’s employment with Employer or API or which, at the time of Executive’s termination of employment
with Employer, Employer had active plans to provide, design or produce, including, without limitation, the following: 
 (a) Semiconductor manufacturing equipment and software: Probe card analyzers, probing process analysis tools and software, wafer probe mark inspection tools, probe card cleaning tools; wafer prober error compensation software and
wafer probers; 
 (b) Life sciences equipment and software: Products and software in areas of fixed-cell and live-cell
fluorescence imaging; restoration microscopy imaging; and optical scanning tools for the following areas: DNA arrays, protein arrays, GMO testing arrays, plant, animal and food testing arrays, and custom micro-arrays; and 
 (c) Precision motion control equipment and software: Micro-positioning actuators, micro-positioning hardware and micro-positioning
software for optical 

  

 10 

 
fiber alignment, laser tuning, laser electro-optical laboratory test systems, automated pathology screening systems and automated gas flow valves and control
systems. 
 The geographic scope of this Section 10.1 shall be all geographic locations where Employer and/or API has at any time during
Executive’s employment with such companies conducted business or delivered products to Customers, including, without limitation, all of North America, Europe, Asia and Australia. For purposes of this Agreement, “Customers” shall mean
any customers of Employer or API or any person or entity that Employer had active plans to develop as a customer at any time during Executive’s employment with Employer or API; 
 10.1.2 engage in any business, enterprise or conduct that would, by virtue of the nature of such business, enterprise or conduct,
be likely to result in the disclosure of Confidential Information by Executive; 
 10.1.3 hire, offer to hire, entice
away or in any other manner persuade or attempt to persuade any officer, employee, consultant or agent of Employer or any of its Affiliates to alter or discontinue his or her relationship with Employer or its Affiliate; 
 10.1.4 solicit, divert, or in any other manner persuade or attempt to persuade any supplier of Employer or any of its Affiliates;
or 
 10.1.5 solicit, divert, take away or attempt to solicit, divert or take away any Customers. 
 10.2 Employer and Executive agree that the provisions of this Section 10 do not impose an undue hardship on Executive and are not injurious
to the public; that this provision is necessary to protect the business of Employer and its Affiliates; that the nature of Executive’s responsibilities with Employer under this Agreement and Executive’s former responsibilities with API
provide and/or have provided Executive with access to Confidential Information that is valuable and confidential to Employer and its Affiliates; that Employer would not employ Executive if Executive did not agree to the provisions of this
Section 10; that the scope of this Section 10 is reasonable in terms of length of time and geographical scope; and that adequate consideration supports this Section 10. In the event that a court determines that the geographical scope
of this provision in unreasonably broad or the length of time is unreasonably long, Executive agrees that such Court should narrow such provision to the extent necessary to make it reasonable and enforce the provision as narrowed. 
 10.3 If Executive continues to be employed by Employer after the term of this Agreement (unless and until a new agreement is entered into by
Executive and Employer), the foregoing provisions of this Section 10 shall continue in effect. 
 11. Remedies. Notwithstanding any other
provisions of this Agreement regarding dispute resolution, including Section 12, Executive agrees that Executive’s violation of any of Sections 7, 8, 9 or 10 of this Agreement would cause Employer irreparable harm which would 

  

 11 

 
not be adequately compensated by monetary damages and that an injunction may be granted by any court or courts having jurisdiction, restraining Executive
from violation of the terms of this Agreement, upon any breach or threatened breach of Executive of the obligations set forth in any of Sections 7, 8,9 or 10. The preceding sentence shall not be construed to limit Employer from any other relief or
damages to which it may be entitled as a result of Executive’s breach of any provision of this Agreement, including Sections 7, 8, 9 or 10. 
 12.
Arbitration. Except for the right of either party to commence a judicial action to obtain injunctive relief (but not damages) to avoid irreparable injury, the parties agree that any and all controversies, claims, and/or disputes (collectively
referred to as “Disputes”) of whatever nature arising out of or relating to Executive’s employment or this Agreement or their termination shall be resolved in accordance with the procedures set forth in this arbitration provision. For
purposes of this provision, Disputes shall include, but not be limited to, any and all controversies, claims, and disputes based on statutes, contracts, torts, the common law, or otherwise, regardless of when the Disputes were discovered or whether
the Disputes existed prior to or arose after the date of this Agreement. With the sole exception for injunctive relief previously noted in this paragraph, the arbitration procedure set forth in this provision shall be the sole and exclusive method
for resolving Disputes between Employer and Executive. The parties waive and release any rights they have to litigate these Disputes in court before a jury, including Disputes pertaining to wages, compensation, discrimination, and termination
arising under statutes such as Title VII of the Civil Rights Act, the Age Discrimination in Employment Act, the Fair Labor Standards Act, the Washington Law Against Discrimination, and the Washington Minimum Wage Act. 
 After a Demand is made, the parties shall confer and attempt to agree upon a sole neutral arbitrator who has had both training and experience as an
arbitrator of employment matters. If the parties cannot agree on an arbitrator, the parties shall select an arbitrator through the American Arbitration Association (“AAA”). The arbitration shall take place in Seattle, Washington, and shall
follow the AAA rules and procedures then in effect for resolution of employment disputes so long as those rules and procedures are not inconsistent with this provision. Reasonable discovery shall be permitted and the arbitrator may decide any issue,
as to discovery. The arbitrator may decide any issue as to whether, or as to the extent to which, any Disputes are subject to the arbitration provisions in this Agreement. The arbitrator may award any relief available at law or in equity, but may
not award relief beyond that allowed by law. The arbitrator must base his or her award on the provisions of this Agreement and applicable law, and must render his or her award in a writing that must include an explanation of the reasons for such
award. The decision of the arbitrator shall be final and binding. The parties consent to personal jurisdiction and venue in the United States District Court for the Western District of Washington in Seattle, and agree that judgment upon the
arbitrator’s award may be entered by that court or any other court having jurisdiction thereof. 
 The parties warrant that they are
voluntarily and mutually agreeing to this arbitration provision. This provision shall be interpreted in a way to be consistent with law. If any part of 

  

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this provision is deemed inconsistent with law, the provision shall be reformed to the extent required to render it enforceable, and the parties agree the
reformed provision shall be enforced. 
 13. Fees. The prevailing party will be entitled to its costs and attorneys’ fees incurred in any
litigation relating to the interpretation or enforcement of this Agreement. 
 14. Indemnification. Employer agrees that if Executive is made a party,
or is threatened to be made a party, to any action, suit or proceeding, whether civil, criminal, administrative or investigative (a “Proceeding”) by reason of the fact that Executive is or was a director, officer or employee of Employer of
the Company or any Affiliate or is or was serving at the request of Employer as a director, officer, member, employee or agent of another enterprise, including service with respect to employee benefit plans, Executive shall be indemnified and held
harmless by Employer to the fullest extent legally permitted or authorized by Employer’s LLC Agreement against all cost, expense, damage, claim, liability and loss (including, without limitation, attorneys’ fees), judgments, fines or other
liabilities or penalties and amounts paid or to be paid in settlement reasonably incurred or suffered by Executive in connection therewith, and such indemnification shall continue as to Executive even if he has ceased to be a director, member,
employee or agent of Employer and shall inure to the benefit of Executive’s heirs, executors and administrators. To the fullest extent legally permitted or authorized by Employer’s limited liability agreement, Employer shall advance to
Executive all reasonable costs and expenses incurred by Executive in connection with a Proceeding after receipt by Employer of a written request, together with reasonable documentation supporting such request and an undertaking by Executive in a
form reasonably acceptable to Employer to repay the amount of such advance if it shall ultimately be determined that Executive is not entitled to be indemnified against such costs and expenses. Notwithstanding the foregoing, indemnification shall
not be provided to Executive hereunder with respect to any action or omission of Executive that was (i) not suffered or taken in good faith and in a manner Executive reasonably believed to be in or not opposed to the best interests of Employer,
(ii) in material breach of this Agreement, the LLC Agreement or the IA, (iii) determined in a final decision (after all appeals and the expiration of time to appeal) of a court or other tribunal of competent jurisdiction to constitute
fraud, gross negligence or willful violation of law, or (iv) with respect to any criminal action or proceeding, without reasonable cause by Executive to believe that its or his conduct was unlawful. 
 15. Disclosure. Executive agrees fully and completely to reveal the terms of the terms of Sections 7, 8, 9, 10 and 11 of this Agreement to any future employer or
potential employer, business contacts or associates of Executive and authorizes Employer, at its election, to make such disclosure. 
 16. Representation
of Executive. Executive represents and warrants to Employer that Executive is free to enter into this Agreement and has no commitment, arrangement or understanding to or with any party that restrains or is in conflict with Executive’s
performance of the covenants, services and duties provided for in this Agreement. Executive agrees to indemnify Employer and to hold it harmless against any and all liabilities or claims arising out of any unauthorized act or acts by Executive that,
the foregoing representation and warranty to the 

  

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contrary notwithstanding, are in violation, or constitute a breach, of any such commitment, arrangement or understanding. 
 17. Assignability. During Executive’s employment, this Agreement may not be assigned by either party without the written consent of the other; provided,
however, that Employer may assign its rights and obligations under this Agreement without Executive’s consent to a successor by sale, merger or liquidation, if such successor carries on the business substantially in the form in which it is
being conducted at the time of the sale, merger or liquidation. This Agreement is binding upon Executive, Executive’s heirs, personal representatives and permitted assigns and on Employer, its successors and assigns. 
 18. Notices. Any notice required or permitted to be given hereunder is sufficient if in writing and delivered by hand, by facsimile or by registered or certified
mail, to the parties at the respective addresses set forth below their signatures herein, or such other address as may be provided to each party by the other. 
 19. Severability. If any provision of this Agreement or compliance by any of the parties with any provision of this Agreement constitutes a violation of any law, or is or becomes unenforceable or void, then such provision, to the
extent only that it is in violation of law, unenforceable or void, shall be deemed modified to the extent necessary so that it is no longer in violation of law, unenforceable or void, and such provision will be enforced to the fullest extent
permitted by law. If such modification is not possible, said provision, to the extent that it is in violation of law, unenforceable or void, shall be deemed severable from the remaining provisions of this Agreement, which provisions will remain
binding on the parties. 
 20. Waivers. No failure on the part of either party to exercise, and no delay in exercising, any right or remedy hereunder
will operate as a waiver thereof; nor will any single or partial waiver of a breach of any provision of this Agreement operate or be construed as a waiver of any subsequent breach; nor will any single or partial exercise of any right or remedy
hereunder preclude any other or further exercise thereof or the exercise of any other right or remedy granted hereby or by law. 
 21. Governing Law.
The validity, construction and performance of this Agreement shall be governed by the laws of the State of Washington without regard to the conflicts of law provisions of such laws. 
 22. Survival. Notwithstanding anything to the contrary in this Agreement, the obligations of this Agreement shall survive a termination of this Agreement or the termination of Executive’s employment with
Employer, except for obligations under Sections 1, 2.1, 3, 4 and 5. 
 23. Entire Agreement. This instrument contains the entire agreement of the
parties with respect to the subject matter herein and supersedes all prior such agreements and understandings, and there are no other such representations or agreements other than as stated in this Agreement related to the terms and conditions of
Executive’s employment with Employer; 

  

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provided that the IA contains certain related provisions, including without limitation covenants not to compete and obligations to maintain confidential
information, that are in addition to the provisions of this Agreement and are not superseded by it. This Agreement may be changed only by an agreement in writing signed by the party against whom enforcement of any waiver, change, modification,
extension or discharge is sought, and any such modification agreed to by Employer must, in order to be binding upon Employer, be signed by the Management Board of Employer. 
 24. Defined Terms. The following terms, as used in this Agreement, have the meanings given to them in the section or place indicated: 
  

			
	 TERM
	  	 SECTION OR PLACE
DEFINED

	 AAA
	  	                            Section
12
	 Affiliate
	  	                            Section
7.6
	 Agreement
	  	                            Preamble
	 Annual Base Salary
	  	                            Section
3.1
	 API
	  	                            Recital
A
	 Cause
	  	                            Section
5.1
	 COBRA
	  	                            Section
6.2.3
	 Competing Services or Products
	  	                            Section
10.1.1
	 Confidential Information
	  	                            Section
7
	 Customers
	  	                            Section
10.1.1
	 Disputes
	  	                            Section
12
	 Effective Date
	  	                            Preamble
	 Employer
	  	                            Preamble
	 Employment Term
	  	                            Section
2
	 Executive
	  	                            Preamble
	 Extended Term
	  	                            Section
2
	 Existing Know-How
	  	                            Section
9.5
	 Good Reason
	  	                            Section
5.2
	 IA
	  	                            Recital
A
	 Initial Term
	  	                            Section
2
	 Inventions
	  	                            Section
9.1
	 Notice Date
	  	                            Section
6.1
	 Proceeding
	  	                            Section
14
	 Release
	  	                            Section
6.2
	 Riverside
	  	                            Recital
A
	 Separation Payments
	  	                            Section
6.2.2
	 Total Disability
	  	                            Section
5.3
	 Transaction
	  	                            Recital
A

 25. Executive’s Recognition of Agreement. Executive acknowledges that Executive has read and
understood this Agreement and agrees that its terms are necessary for the 

  

 15 

 
reasonable and proper protection of Employer’s business. Executive acknowledges that Executive has been advised by Employer that Executive is entitled
to have this Agreement reviewed by an attorney of his selection, at API’s expense, prior to signing, and that Executive has either done so or elected to forgo that right. Executive acknowledges that the law firm of Preston Gates Ellis LLP has
served as counsel for Employer only in regard to this Agreement and has not represented and does not represent the interests of Executive in relation to this Agreement. 
 [remainder of page intentionally blank] 
  

 16 

 SIGNATURE PAGE – EMPLOYMENT AGREEMENT 
 IN WITNESS WHEREOF, the parties have duly signed and delivered this Agreement as of the day and year first above written. 
  

			
	APPLIED PRECISION, LLC
		
	 By:
	 	 /s/ Donald B. Snow

		 	 Name:                                     
                                        
     

		 	 Title:

		 	 Address:

  

			
	EXECUTIVE
		
	 By:
	 	 /s/ Ronald Seubert

		 	 Name:     Ronald C. Seubert

		 	 Address:

 Invention listed as Exhibit B    x  Yes     ̈  No 
  

 17

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