Document:

Exhibit 10.14

 

 

 

Dear
Dawn,

 

On
behalf of Momentus Inc, a Delaware corporation (the “Company”), I am pleased to offer you employment with the Company
in the full-time position of Chief Revenue Officer, reporting to Mikhail Kokorich the President of Momentus at our offices at
3050 Kenneth St, Santa Clara, CA. We think you will be a wonderful addition to our team. While with Momentus your
employment, compensation, and benefits are conditioned upon your acceptance of the terms provided in this letter agreement.

 

Compensation:
The Company will pay you compensation up to $287,500 including a base salary at the rate of $250,000 per year, payable
in accordance with the Company’s standard payroll schedule, and a bonus equal up to 15% of your annual base salary, payable
as set forth below. Your base salary will be subject to adjustment according to the Company’s employee compensation policies
then in effect from time to time. Bonuses (if any) will be awarded based on the achievement of objective or subjective criteria
established by the Company’s President and approved by the Company’s Board of Directors. These criteria may consist
of one or more factors, including, without limitation, your manager’s evaluation of your job performance and the Company’s
financial performance. Any Bonus for the Company’s fiscal year in which your employment begins will be prorated, based on
the number of days the Company employs you during that fiscal year. Any bonus for a fiscal year will be paid within 21/2 months
following the fiscal year to which it relates, but only if you are employed by the Company at the time of payment. The Company’s
Board of Directors will determine whether the Company will offer a Bonus in its sole discretion.

 

Stock
Options: Subject to the approval of the Company’s Board of Directors, you will be granted an option to purchase 1,000,000
shares of the Common Stock of the Company (the “Option”), approximately 0.352% of currently issued shares. The
Board of Directors will determine the exercise price per share of the Option when the Option is granted. The Option will be subject
to the terms and conditions applicable to options granted under a stock option plan maintained by the Company (as applicable,
the “Plan”) and the applicable Stock Option Agreement. You will vest in 25% of the Option shares after 12 months
of continuous service, and the balance will vest in equal monthly installments over the next 36 months of uninterrupted service,
as described in the applicable Stock Option Agreement.

 

Employee
Benefits: As a regular employee of the Company, you will be eligible to participate in several Company-sponsored benefits,
including medical insurance compensation. Also, you will be entitled to paid vacation and up to one week of sick time under the
Company’s policies.

 

Proprietary
Information and Inventions Agreement: As required of all Company employees, you agree as a condition of your employment with
the Company, to agree to be bound by the Company’s Proprietary Information and Inventions Agreement and indicate your assent
to its terms by signing the Agreement. A copy of the Company’s Proprietary Information and Inventions Agreement is attached
hereto as Exhibit A.

 

Employment
Relationship: While you render services to the Company, you agree not to engage in any other employment, consulting or other
business activity (whether full time or part-time) that would create a conflict of interest with the Company or dilute your efforts
for the Company. By entering into this letter agreement, you confirm to the Company that you have no contractual commitments or
other legal obligations that would prohibit you from fully performing your duties for the Company.

 

     

     

    

 

 

 

At-Will
Employment; Disclaimer of Contrary Oral or Written Statements: Your employment with the Company is “at will,”
meaning that either you or the Company may terminate your employment at any time and for any reason, with or without cause. It
also means that your employment with the Company is for no specific time. This letter agreement supersedes any contrary representations
that may have been made to you in conflict with the terms stated herein. This letter agreement is the full and complete agreement
between you and the Company regarding your employment with the Company. Although your job duties, title, compensation, and benefits,
as well as the Company’s personnel policies and procedures, may change from time to time, the “at will” nature
of your employment may only be modified in an express written agreement signed by you and a duly authorized officer of the Company
(other than you).

 

No
Conflicts: It is understood that, when acting within the scope of your employment or otherwise on behalf of Company, you will
not violate any agreement with or rights of any third party, including The Boeing Company (“Boeing”). Specifically,
your employment with the Company is contingent on a written acknowledgement from Boeing that your employment with the Company
is not in conflict with your obligations to Boeing. If such an acknowledgement is not received by the Company by December 18,
2019, you can be terminated by the Company.

 

Tax
Matters: All forms of compensation referred to in this letter agreement are subject to reduction to reflect applicable withholding
and payroll taxes and other deductions required by Federal, State, and local law. You are encouraged to obtain tax advice regarding
tax withholding and other tax issues in connection with your compensation from the Company, including, as applicable, with respect
to the Option and any other equity-based award granted to you. You agree that the Company does not have a duty to design its compensation
policies or any equity-based award (including, without limitation, the Option), in a manner that minimizes your tax liabilities,
and you will not make any claim against the Company or its Board of Directors related to tax liabilities arising from your compensation
or any equity-based award (including, without limitation, the Option).

 

Health
and Safety: Among other business functions, the Company is engaged in the manufacturing and test of hardware, which requires
compliance with safety standards. As a condition of your employment, you agree to respect all signs and barricades as well as
follow all safety precautions that may be required of employees and other persons entering into areas in which hardware components
are stored, transported, test, or modified, or where caution is needed. You agree to attend and comply with all mandatory safety
training (s) and report any unsafe conditions to your Manager or executives of the Company when seen.

 

Diversity
and Mutual Respect: The Company is proud of its diversity in its hiring of its officers, employees, consultants, and vendors.
We expressly prohibit discrimination in any form based on race, color, ancestry, national origin, religion, sex: (including pregnancy,
childbirth, and related medical conditions), disability: (physical or mental), age, genetic information, marital status, sexual
orientation, gender identity and gender expression, AIDS/HIV, medical conditions, political activities or affiliations, military
or veteran status, and victims of domestic violence, assault, or stalking. Mutual respect and cooperation are expected and required
of all persons working with and for the Company. You agree to read, understand and comply with the Company’s policies against
discrimination, harassment and retaliation and security, which will be provided to you in connection with or following the commencement
of your employment and further agree to attend all mandatory training sessions.

 

    	 	2	 

     

    

 

 

 

Interpretation,
Amendment, and Enforcement: This letter agreement and Exhibit A supersede and replace any prior agreements, representations
or understandings (whether written, oral, implied or otherwise) between you and the Company and constitutes the complete agreement
between you and the Company regarding the subject matter set forth herein. This letter agreement may not be amended or modified,
except by an express written agreement signed by both you and a duly authorized officer of the Company. The terms of this letter
agreement and the resolution of any disputes as to the meaning, effect, performance or validity of this letter agreement or arising
out of, related to, or in any way connected with, this letter agreement, your employment with the Company or any other relationship
between you and the Company (the “Disputes”) will be governed by California law, excluding laws relating to conflicts
or choice of law. You and the Company expressly agree to submit to the exclusive personal jurisdiction of the federal and state
courts located in Santa Clara County, California in connection with any dispute or any claim related to any dispute.

 

*
* * * *

 

We
hope that you will accept our offer to join the Company. You may indicate your agreement with these terms and accept this offer
by signing and dating this letter agreement and the enclosed Proprietary Information and Inventions Agreement and returning them
to me.

 

This
offer, if not accepted, will expire at the close of business on October 31, 2019. Your employment is also contingent upon
your starting work with the Company on or before October 21, 2019. As required by law, your employment with the Company is
contingent upon your providing legal proof of your identity and authorization to work in the United States.

 

Very
truly yours,

 

Momentus,
Inc.

 

	By:	/s/ Mikhail Kokorich	 
	Name:	Mikhail Kokorich	 
	Title:	President	 
	Dated:	10/18/2019	 
	 	 	 
	I have read and accept this employment offer:	 
	 	 
	By:	/s/ Dawn Harms	 
	Name:	Dawn Harms	 
	Dated:	10/18/2019	 

 

Attachment

Exhibit A: Proprietary Information and Inventions Agreement

 

 

3Exhibit 10.17

 

EXECUTION

 

NON-COMPETITION,
NON-SOLICITATION AND

CONFIDENTIALITY AGREEMENT

 

October 7, 2020

 

This Non-Competition,
Non-Solicitation and Confidentiality Agreement (this “Agreement”) is entered into as of the date set forth above,
by and between Stable Road Acquisition Corp., a Delaware corporation (“Parent”), and Mikhail Kokorich (the “Restricted
Party”) and shall become effective, if at all, as of the Closing. Capitalized terms used but not otherwise defined herein
shall have the meanings ascribed to them in the Merger Agreement (as defined below).

 

RECITALS

 

WHEREAS, Parent and
Momentus Inc., a Delaware corporation (the “Company”), have entered into that certain Agreement and Plan of
Merger, dated as of the date hereof (as amended, supplemented or modified from time to time, the “Merger Agreement”),
by and among Parent, the Company, Project Marvel First Merger Sub, Inc., a Delaware corporation and a direct, wholly-owned Subsidiary
of Parent (“First Merger Sub”), and Project Marvel Second Merger Sub, LLC, a Delaware limited liability company
and a direct, wholly-owned Subsidiary of Parent (“Second Merger Sub”), pursuant to which First Merger Sub shall
merge with and into the Company (the “First Merger”), with the Company being the surviving corporation of the
First Merger (the “Surviving Corporation”), and immediately following the First Merger, as part of the same
overall transaction as the First Merger, the Surviving Corporation will merge with and into Second Merger Sub (the “Second
Merger” and, together with the First Merger, the “Mergers”) with Second Merger Sub being the surviving
company of the Second Merger (the “Surviving Entity”), and as a result of which the Surviving Entity will become
a wholly-owned Subsidiary of Parent, on the terms and subject to the conditions set forth in the Merger Agreement;

 

WHEREAS, the Company
carries on the Business;

 

WHEREAS, the Restricted
Party has access to Confidential Information regarding the Business;

 

WHEREAS, as a condition
to the execution of the Merger Agreement and the consummation of the Mergers, Parent has required the execution of this Agreement
on the date hereof by the parties hereto to provide for certain restrictions on the Restricted Party, provided such restrictions
shall only be effective upon the Closing;

 

WHEREAS, upon consummation
of the Mergers pursuant to the terms and conditions of the Merger Agreement, the Restricted Party will be the recipient, either
directly (under the terms of the Merger Agreement) or indirectly (as an equityholder or officer of the Surviving Entity) of substantial
consideration, and will enjoy substantial other benefits, from the consummation of the Mergers and, in consideration thereof, the
Restricted Party is agreeing to limit the Restricted Party’s ability to compete with the Company, the Surviving Entity, and
its and their successors and assigns as described herein; and

 

     

     

    

 

WHEREAS, the Restricted
Party acknowledges that the agreements and covenants provided by the Restricted Party in this Agreement are essential to protect
the value of the Business to Parent (including the goodwill associated with the Business), and such covenants and agreements contained
herein are a material inducement to Parent’s, First Merger Sub’s and Second Merger Sub’s agreement to enter into
the Merger Agreement and to agree to consummate the Mergers pursuant to the Merger Agreement and neither Parent, First Merger Sub
nor Second Merger Sub would have executed the Merger Agreement without such covenants and agreements.

 

NOW, THEREFORE, for
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

 

1. Nondisclosure.
The Restricted Party acknowledges that the Confidential Information is the property of the Company (and, following the Effective
Time, the Surviving Entity). The Restricted Party shall, and shall cause his or her Affiliates and its and their respective officers,
directors, managers, employees, attorneys, agents, advisors and other representatives to, maintain all Confidential Information
in strict confidence and secrecy, and shall not, directly or indirectly, (a) use or exploit any Confidential Information for
any purpose, (b) disclose any Confidential Information to any Person other than Parent or its Affiliates or (c) assist
any other Person in engaging in any of the foregoing, except in performance of the Restricted Party’s services for or on
behalf of the Surviving Entity, including, in particular, carrying out the Restricted Party’s duties as an employee of the
Surviving Entity (provided, however, that the mere fact that the Restricted Party may in the future, after termination of
employment with the Surviving Entity become an employee of another Person shall not create an automatic presumption that the Restricted
Party has in fact violated the restriction in this Section 1), or to the extent otherwise (i) necessary to comply
with the express terms of, or assert the Restricted Party’s rights under, any written agreement between the Restricted Party
and Parent or any of its Affiliates entered into in connection with the Merger Agreement or after the Closing Date or (ii) explicitly
requested in writing by Parent. Nothing in this Agreement reduces any obligation of the Restricted Party to, or cause his or her
Affiliates to, comply with Laws relating to trade secrets, confidential information and unfair competition. Notwithstanding anything
in this Agreement, the Restricted Party understands that under the Federal Defend Trade Secrets Act of 2016 (specifically, 18 USC
§1833), the Restricted Party shall not be held criminally or civilly liable under any federal or state trade secret law for
the disclosure of a trade secret that: (a) is made (i) in confidence to a federal, state, or local government official,
either directly or indirectly, or to an attorney, and (ii) solely for the purpose of reporting or investigating a suspected
violation of Law; or (b) is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is
made under seal.

 

2. Legal Obligation
to Disclose. If the Restricted Party or any of the Restricted Party’s Affiliates is required (by oral or written question
or request for information or documents in legal proceedings, interrogatories, subpoena, civil investigation demand or similar
process, collectively, a “Legal Process” or by Law) to disclose any Confidential Information at any time after
the Closing, then such disclosing Person shall, to the extent permitted under Law, provide Parent with prompt written notice of
such requirement to enable Parent (and use reasonable best efforts to cooperate with Parent at Parent’s sole cost and expense)
(a) to seek an appropriate protective order or other remedy and/or (b) to waive compliance, in whole or in part, with
the terms of this Agreement. If, in the absence of a protective order or the receipt of a waiver under this Agreement, the disclosing
Person is nonetheless compelled to disclose such Confidential Information in connection with a Legal Process or as required by
Law, then the disclosing Person may disclose such Confidential Information in connection with such Legal Process or as required
by Law. The disclosing Person shall not be liable under or in breach of this Agreement for a disclosure in connection with such
Legal Process or as required by Law that is made in accordance with this Section 2; provided, however, that if such
disclosure was caused or resulted from a previous disclosure by the disclosing Person in violation of this Agreement, then the
other terms and provisions of this Agreement shall continue in full force and effect and shall be enforceable by Parent as to such
disclosure or disclosures made in violation of this Agreement that resulted in the compelled disclosure.

 

    2

     

    

 

3. Non-Solicitation;
Non-Hire; Non-Disparagement. During the Restrictive Period, the Restricted Party shall not directly or indirectly, through
another Person (a) solicit or induce or attempt to induce any Person who is an employee, independent contractor or consultant
of the Company as of the Closing Date (collectively, “Covered Persons”) to leave the employ of the Surviving
Entity or (to the extent limiting the future services such Covered Person has historically provided to the Company, as a consultant,
agent, independent contractor, or otherwise) to leave the service of the Surviving Entity, or in any way interfere with the relationship
between the Surviving Entity and any such Covered Person, (b) hire or attempt to hire any Covered Person as an employee, independent
contractor or consultant or (c) slander, defame or recklessly or intentionally disparage the Surviving Entity or Parent with
the intent to cause material harm to the Surviving Entity or Parent or their respective past or present investors, officers, directors,
employees or Affiliates in relation to the Business of the Company or the Transactions and the agreements contemplated thereby.
The provisions set forth in Section 3(a) shall not prohibit the Restricted Party or any of his or her Affiliates from
(i) making any general public solicitation for employees not directed or targeted at any Covered Person, or (ii) soliciting
for hire any Covered Person whose employment with the Company is terminated or otherwise ceases so long as no Covered Person is
hired (or was solicited prior to such termination or cessation of employment) in violation of this Section 3.

 

4. Non-Competition.
The Restricted Party acknowledges and agrees that (a) the Business of the Company and its Subsidiaries is conducted throughout
the Geographic Region, (b) the Company’s reputation and goodwill are an integral part of its Business success throughout
the Geographic Region, (c) the Restricted Party is familiar with certain of the Company’s trade secrets and with other
Confidential Information, (d) the Restricted Party’s services and/or relationships are of special, unique and extraordinary
value to the Company, and (e) Parent and its Affiliates would be irreparably damaged if the Restricted Party or any of his
Affiliates were to provide services or to otherwise participate in the operations or business of any Person engaged in the Business
and that any material competition could result in a significant loss of goodwill by Parent in respect of the Business. The Restricted
Party further acknowledges and agrees that (i) the covenants and agreements set forth in this Section 4 were a
material inducement to Parent to enter into this Agreement and for Parent, First Merger Sub and Second Merger Sub to enter into
the Merger Agreement and to perform their respective obligations hereunder and thereunder, (ii) Parent and its Affiliates
would not obtain the benefit of the bargain set forth in the Merger Agreement as specifically negotiated by the parties thereto
if the Restricted Party or any of his Affiliates breached the provisions of this Section 4, (iii) the covenants
set forth Section 3 and this Section 4 are being made by the Restricted Party in connection with the direct
and/or indirect sale by the Restricted Party of Company Interests pursuant to the Merger Agreement and not directly or indirectly
in connection with the Restricted Party’s employment or other relationship with the Company and, (iv) the character, duration
and scope of this Agreement are reasonable in light of the circumstances as they exist on the date upon which this Agreement is
executed, including the Restricted Party’s economic interest in the Mergers and the transactions contemplated by the Merger
Agreement. Therefore, in further consideration of the amounts to be paid pursuant to the Merger Agreement and to protect the goodwill
of the Business of the Company sold in connection therewith, and as a condition to Parent’s, First Merger Sub’s and
Second Merger Sub’s willingness to enter into the Merger Agreement and Parent’s willingness to enter into this Agreement,
as applicable, the Restricted Party shall not, and shall cause and direct his Affiliates not to, during the period beginning at
the Closing and ending on the date of the expiration of the Restrictive Period, directly or indirectly or (x) own any interest
in, manage, control, consult with, render services for, or be employed by, any Person that engages or participates in any manner,
in the Business within any Geographic Region. Nothing herein shall prohibit the Restricted Party or any of his or her Affiliates
from being a passive owner of not more than 5% of any class of stock of a corporation, which class of stock is publicly traded,
so long as neither the Restricted Party nor any of its Affiliates has any active participation in the business of such corporation.

 

    3

     

    

 

5. Enforcement.

 

(a) If at the time of
enforcement of Section 1, Section 2, Section 3 or Section 4, a court of competent
jurisdiction holds that the restrictions stated therein are unreasonable under circumstances then existing, including by reason
of its extending for too great a period of time or over too great a geographical area or by reason of its being too extensive in
any other respect, the parties hereto agree that the maximum period, scope or geographical area enforceable under such circumstances
shall be substituted for the stated period, scope or area and that the court of competent jurisdiction shall be allowed to revise
the restrictions contained therein to cover the maximum period, scope and area permitted by Law. The existence of any claim or
cause of action by the Restricted Party or any of his or her Affiliates against Parent, First Merger Sub, Second Merger Sub, the
Company or the Surviving Entity shall not constitute and shall not be asserted as a defense to the enforcement by Parent or any
of its Affiliates of this Agreement. The parties hereto agree that Parent and its Affiliates would suffer irreparable harm from
a breach of Section 1, Section 2 , Section 3 or Section 4 by the Restricted Party
and that money damages would not be an adequate remedy for any such breach of this Agreement. Therefore, in the event of a breach
or threatened breach of this Agreement, Parent and its Affiliates and their successors or assigns, in addition to other rights
and remedies existing in their favor, shall be entitled to specific performance and/or injunctive or other equitable relief from
a court of competent jurisdiction in order to enforce, or prevent any violations of, the provisions hereof (without posting a bond
or other security). In addition, in the event of an alleged breach or violation by the Restricted Party of Section 3
or Section 4, the Restrictive Period will be tolled until such breach or violation has been duly cured. The Restricted
Party acknowledges and agrees that due to the proprietary nature of the Business, the restrictions contained in this Agreement
are reasonable (including as to duration, geographical area and scope) and are necessary to ensure the preservation, protection
and continuity of the Business, trade secrets and goodwill of the Company and that the Restricted Party has reviewed the provisions
of this Agreement with his or her legal counsel.

 

(b) The Restricted Party
acknowledges that (i) the enforcement of any covenants set forth in this Agreement against the Restricted Party would not
impose any undue burden upon the Restricted Party and (ii) none of the covenants set forth in this Agreement are unreasonable
as to duration or scope.

 

    4

     

    

 

6. Miscellaneous.

 

(a) Effectiveness.
Notwithstanding anything herein to the contrary, this Agreement will become effective upon, and only upon, the Closing. If the
Closing does not occur or the Merger Agreement is validly terminated for any reason, this Agreement shall automatically become
null and void ab initio with no further action required on the part of either party.

 

(b) Notices. All
notices and other communications hereunder shall be in writing and shall be deemed given: (i) on the date established by the
sender as having been delivered personally; (ii) one Business Day after being sent by a nationally recognized overnight courier
guaranteeing overnight delivery; (iii) upon transmission, if sent by email (provided no “bounceback” or notice
of non-delivery is received); or (iv) on the fifth Business Day after the date mailed, by certified or registered mail,
return receipt requested, postage prepaid. Such communications, to be valid, must be addressed as follows:

 

if to the Restricted Party, to the address set forth
on the signature page attached hereto.

 

if to Parent:

 

Stable Road Acquisition Corp.

1345 Abbott Kinney Boulevard

Venice, CA 90291

 

		Attention:	Brian Kabot

Juan Quiroga

		Email:	brian@stableroadcapital.com

juan@nalainvestments.com

 

with a copy (which shall not constitute notice) to:

 

Kirkland & Ellis LLP

300 N. LaSalle Street

Chicago, Illinois 60654

 

		Attention:	Douglas C. Gessner, P.C.

Bradley C. Reed, P.C.

Kevin M. Frank

		Email:	douglas.gessner@kirkland.com

bradley.reed@kirkland.com

kevin.frank@kirkland.com

 

or to such other address or to the attention
of such Person or Persons as the recipient Party has specified by prior written notice to the sending Party (or in the case of
counsel, to such other readily ascertainable business address as such counsel may hereafter maintain). If more than one method
for sending notice as set forth above is used, the earliest notice date established as set forth above shall control.

 

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(c) Amendment and
Modification. This Agreement may not be amended, modified or supplemented in any manner, whether by course of conduct or otherwise,
except by an instrument in writing signed on behalf of each party.

 

(d) Waiver. No
failure or delay of either party in exercising any right or remedy hereunder shall operate as a waiver thereof, nor shall any single
or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such right or power, or
any course of conduct, preclude any other or further exercise thereof or the exercise of any other right or power. A waiver of
right or remedy on any one occasion shall not be construed as a bar to or waiver of any such right or remedy on any other occasion.
Except as otherwise provided herein, the rights and remedies of the parties hereunder are cumulative and are not exclusive of any
rights or remedies, which they would otherwise have hereunder. Any agreement on the part of either party hereto to any such waiver
shall be valid only if set forth in a written instrument executed and delivered by a duly authorized officer on behalf of such
party.

 

(e) Assignment.
Neither this Agreement nor any of the rights, interests or obligations under this Agreement may be assigned or delegated, in whole
or in part, by operation of law or otherwise, by any party hereto without the prior written consent of the other party, and any
such assignment without such prior written consent shall be null and void; provided, that

 

(i) Parent may, without
the written consent of the Restricted Party, assign, in whole or in part, its rights and obligations pursuant to this Agreement
to one or more of its Affiliates;

 

(ii) Parent and the
Surviving Entity may, without the written consent of the Restricted Party, each assign their rights under this Agreement for collateral
security purposes to any lender providing financing to Parent or the Surviving Entity, or any of their Affiliates and any such
lender may exercise all of the rights and remedies of such assignor, as applicable, hereunder and thereunder; and

 

(iii) Parent and the
Surviving Entity may, without the written consent of the Restricted Party, each assign their rights under this Agreement, in whole
or in part, to any subsequent purchaser of Parent or the Surviving Entity and its Subsidiaries or any material portion of their
assets (whether such sale is structured as a sale of stock, a sale of assets, a merger, or otherwise).

 

(f) Third-Party Beneficiaries.
This Agreement shall be binding upon and inure solely to the benefit of each of the parties and their respective successors and
assigns, and nothing in this Agreement, express or implied, is intended to or shall confer upon any other Person any legal or equitable
right, benefit or remedy of any nature under or by reason of this Agreement.

 

(g) Severability.
Whenever possible, each provision or portion of any provision of this Agreement shall be interpreted in such manner as to be effective
and valid under Law, but if any provision or portion of any provision of this Agreement is held to be invalid, illegal or unenforceable
in any respect under any Law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any
other provision or portion of any provision in such jurisdiction, and this Agreement shall be reformed, construed and enforced
in such jurisdiction as if such invalid, illegal or unenforceable provision or portion of any provision had never been contained
herein.

 

    6

     

    

 

(h) Entire Agreement.
This Agreement and the Merger Agreement, and the other documents and instruments referred to herein and therein, constitute the
entire agreement and understanding among the parties and supersedes all other prior agreements and undertakings, both written and
oral, among the parties, or any of them, with respect to the subject matter hereof; provided, that nothing herein shall
modify, amend, supersede or waive any rights under any existing or future non- disclosure, non-solicitation, non-hire, non-competition,
non-disparagement, confidentiality, invention assignment, work product, work-for-hire, intellectual property protection or assignment
or other restrictive covenant or similar obligations between the Restricted Party and the Company.

 

(i) Counterparts;
Electronic Delivery. This Agreement and any amendments hereto may be executed in one or more counterparts, each of which shall
be an original. Any such counterpart, to the extent delivered by means of a facsimile machine or electronic mail (any such delivery,
an “Electronic Delivery”), shall be treated in all manner and respects as an original executed counterpart and
shall be considered to have the same binding legal effect as if it were the original signed version thereof delivered in person.
At the request of any party hereto, each other party hereto or thereto shall re-execute the original form of this Agreement and
deliver such form to all other parties. No party hereto shall raise the use of Electronic Delivery to deliver a signature or the
fact that any signature or agreement or instrument was transmitted or communicated through the use of Electronic Delivery as a
defense to the formation of a contract, and each such party forever waives any such defense, except to the extent such defense
relates to lack of authenticity.

 

(j) Governing Law.
This Agreement, the rights of the parties hereunder and all Legal Proceedings arising in whole or in part under or in connection
herewith (whether sounding in contract, tort or equity), will be governed by and construed and enforced in accordance with the
domestic substantive laws of the State of Delaware, without giving effect to any choice or conflict of law provision or rule that
would cause the application of the laws or any statute of limitations of any other jurisdiction.

 

(k) Consent to Jurisdiction.
Each of the parties hereto, by execution hereof, hereby (i) irrevocably submits to the exclusive jurisdiction of the United States
District Court located in the State of Delaware and the state courts of the State of Delaware for the purpose of any Legal Proceeding
among any of the parties hereto relating to or arising in whole or in part under or in connection with this Agreement, the Merger
Agreement, any Transaction Agreement or the Transactions, (ii) waives to the extent not prohibited by applicable Law, and
agrees not to assert, by way of motion, as a defense or otherwise, in any such Legal Proceeding, any claim that it is not subject
personally to the jurisdiction of the above-named courts, that its property is exempt or immune from attachment or execution, that
any such Legal Proceeding brought in one of the above-named courts should be dismissed on grounds of forum non conveniens,
should be transferred or removed to any court other than one of the above-named courts, or should be stayed by reason of the pendency
of some other Legal Proceeding in any other court other than one of the above- named courts or that this Agreement, the Merger
Agreement, any Transaction Agreement or the Transactions, or the subject matter hereof or thereof may not be enforced in or by
such court and (iii) agrees not to commence any such Legal Proceeding other than before one of the above-named courts. Notwithstanding
the previous sentence, a party hereto may commence any Legal Proceeding in a court other than the above-named courts solely for
the purpose of enforcing an order or judgment issued by one of the above-named courts.

 

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(l) Waiver of Jury
Trial. EACH OF THE PARTIES HERETO IRREVOCABLY WAIVES ITS RIGHT TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR
ARISING OUT OF THIS AGREEMENT OR ANY DEALINGS BETWEEN THE PARTIES RELATING TO THE SUBJECT MATTER OF THIS AGREEMENT. THE PARTIES
ALSO WAIVE ANY BOND OR SURETY OR SECURITY UPON SUCH BOND WHICH MIGHT, BUT FOR THIS WAIVER, BE REQUIRED OF ANY OF THE OTHER PARTIES.
THE SCOPE OF THIS WAIVER IS INTENDED TO BE ALL-ENCOMPASSING OF ANY AND ALL DISPUTES THAT MAY BE FILED IN ANY COURT AND THAT RELATE
TO THE SUBJECT MATTER OF THIS AGREEMENT, INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW
AND STATUTORY CLAIMS. THE PARTIES ACKNOWLEDGE THAT THIS WAIVER IS A MATERIAL INDUCEMENT TO ENTER INTO THIS AGREEMENT, THAT EACH
PARTY HAS RELIED ON THE WAIVER IN ENTERING INTO THIS AGREEMENT AND THAT EACH WILL CONTINUE TO RELY ON THE WAIVER IN THEIR RELATED
FUTURE DEALINGS. THE PARTIES FURTHER WARRANT AND REPRESENT THAT EACH HAS REVIEWED THIS WAIVER WITH ITS LEGAL COUNSEL, AND THAT
EACH KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. THIS WAIVER IS IRREVOCABLE,
MEANING THAT IT MAY NOT BE MODIFIED EITHER ORALLY OR IN WRITING, AND THE WAIVER SHALL APPLY TO ANY SUBSEQUENT AMENDMENTS, RENEWALS,
SUPPLEMENTS OR MODIFICATIONS TO THIS AGREEMENT OR TO ANY OTHER DOCUMENTS OR AGREEMENTS RELATING TO THE TRANSACTION COMPLETED HEREBY.
IN THE EVENT OF LITIGATION, THIS AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT.

 

(m) No Presumption
Against Drafting Party. The parties hereto have participated jointly in the negotiation and drafting of this Agreement. In
the event of an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly
by the parties hereto, and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship
of any of the provisions of this Agreement.

 

(n) Further Assurances.
Each party hereto covenants that at any time, and from time to time, after the date hereof, it will execute such additional instruments
and take such actions as may be reasonably requested by the other party to confirm, perfect or otherwise carry out the intent and
purposes of this Agreement.

 

(o) Interpretation.
When a reference is made in this Agreement to a Section, such reference shall be to a Section of this Agreement unless otherwise
indicated. The headings contained in this Agreement are for convenience of reference purposes only and shall not affect in any
way the meaning or interpretation of this Agreement. All words used in this Agreement shall be construed to be of such gender or
number as the circumstances require. The word “including” and words of similar import when used in this Agreement shall
mean “including, without limitation”, unless otherwise specified. Any reference to any federal, state, local or foreign
statute or law shall be deemed also to refer to all rules and regulations promulgated thereunder, unless the context requires otherwise.
Unless the context requires otherwise, any definition or reference to any agreement, instrument or other document herein shall
be construed as referring to such agreement, instrument or other document as from time to time amended, supplemented or otherwise
modified (subject to any restrictions on any such amendments, supplements or modifications set forth herein or therein).

 

    8

     

    

 

7. Definitions.
In addition to the terms otherwise defined in this Agreement, or in the Merger Agreement, as used in this Agreement, the following
terms have the following meanings.

 

(a) “Affiliate”
means, with respect to any specified Person, any other Person directly or indirectly controlled by such specified Person.

 

(b) “Business”
means the business of providing in-space transportation and/or infrastructure services and/or propulsion systems used for any purpose
including, but not limited to, satellites, space vehicles, space transportation services and hosted payloads services.

 

(c) “Confidential
Information” means all oral and written information, documents and materials relating to the Company (and, following
the Effective Time, the Surviving Entity) including trade secrets, intellectual property, software and documentation, client information,
subcontractor information (including lists of clients and subcontractors), Company policies, practices and codes of conduct, internal
analyses, analyses of competitive products, strategies, merger and acquisition plans, marketing plans, corporate financial information,
information related to negotiations with third parties, information protected by the Company’s (and, following the Effective
Time, the Surviving Entity’s) privileges (such as the attorney-client privilege), internal audit reports, contracts and sales
proposals, pricing and costs of specific products and services, training materials, employment records, performance evaluations,
and other sensitive information, in each case, whether obtained, produced or distributed before or after the date of this Agreement.
Notwithstanding the above, Confidential Information shall not include any information which (i) is now, or hereafter becomes,
through no act or failure to act on the part of the Restricted Party, generally known or available to the public; (ii) was
or is obtained by the Restricted Party on a non-confidential basis from a source other than the Company (and, following the Effective
Time, the Surviving Entity), provided that such source is or was not known by the Restricted Party to be bound by any agreement
to keep such information confidential or (iii) is disclosed by the Restricted Party to its accountants, attorneys or advisors,
provided that such Persons are advised of the confidentiality obligations herein and the Restricted Party shall be responsible
for any unauthorized disclosure by such Persons of such Confidential Information.

 

(d) “Geographic
Region” means the United States and all other geographic area(s) in which the Company conducts the Business as of
the date hereof or as of the Closing Date.

 

(e) “Restrictive
Period” means the period starting on the Closing Date and ending two years after the Closing Date, subject to Section 5(a).

 

[Signatures on following pages]

 

    9

     

    

 

IN WITNESS WHEREOF,
the parties hereto have caused this Non-Competition, Non-Solicitation and Confidentiality Agreement to be executed as of the date
first set forth above.

 

PARENT:

 

STABLE ROAD ACQUISITION CORP.

 

	
        By:
	/s/ Brian Kabot	 
	Name:	Brian Kabot	 
	Title:	Chief Executive Officer	 

 

Signature Page to Non-Competition, Non-Solicitation and Confidentiality
Agreement

 

     

     

    

 

RESTRICTED PARTY

 

	
        /s/ Mikhail Kokorich
	 
	Mikhail Kokorich	 
	 	 
	Address:	 
	 	 
	 	 
	 	 

 

	Email:	 	 

 

Signature Page to Non-Competition, Non-Solicitation
and Confidentiality Agreement

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