Document:

Exhibit 10.8 

     

    

    ZYMERGEN INC.

    2021 INCENTIVE AWARD PLAN

    GLOBAL RESTRICTED STOCK UNIT AWARD GRANT NOTICE

    

    

    Zymergen Inc. a Delaware corporation, (the “Company”), pursuant to its 2021 Incentive Award Plan, as amended from time to time (the “Plan”), hereby
      grants to the holder listed below (the “Participant”), an award of restricted stock units (“Restricted Stock Units” or “RSUs”). Each vested Restricted Stock Unit represents the right to receive, in accordance with the Global Restricted Stock Unit Award
      Agreement attached hereto as Exhibit A, including any additional terms and conditions set forth in any appendix for the Participant’s country (the “Appendix” and together with the Restricted Stock Unit Award Agreement, the “Agreement”), one share of Common Stock (“Share”). This award of Restricted Stock Units is subject to all of the terms and conditions set forth herein, in the Agreement and the Plan,
      each of which are incorporated herein by reference. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Global Restricted Stock Unit Award Grant Notice (the “Grant Notice”) and the Agreement.

    

    

    	
            Participant:

          	
            [________]

          
	 	 
	
            Grant Date:

          	
            [________]

          
	 	 
	
            Total Number of RSUs:

          	
            [________]

          
	 	 
	
            Vesting Commencement Date:

          	
            [________]

          
	 	 
	
            Vesting Schedule:

          	
            [________]

          
	 	 
	
            Termination:

          	
            Except as otherwise set forth in Section 2.4, if the Participant experiences a Termination of Service, all RSUs that have not become vested on or prior to
              the date of such Termination of Service will thereupon be automatically forfeited by the Participant without payment of any consideration therefor.

          

    

    

    By the Participant’s electronic acceptance, the Participant agrees to be bound by the terms and conditions of the Plan, the Agreement
      and this Grant Notice. The Participant has reviewed the Plan, the Agreement and this Grant Notice in their entirety, has had an opportunity to obtain the advice of counsel prior to Participant’s electronic acceptance and fully understands all
      provisions of the Plan, the Agreement and this Grant Notice. The Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions arising under the Plan, the Agreement or
      this Grant Notice. In addition, by signing below, the Participant also agrees that the Company, in its sole discretion, may satisfy any withholding obligation with respect to Tax-Related Items in accordance with Section 2.6(b) of the Agreement or the
      Plan.

    

    

    
      	
              ZYMERGEN INC.:

            	 	
              PARTICIPANT:

            	 
	 	 	 	 	 	 
	
              By:

            	 	 	
              By:

            	 	 
	 	 	 	 	 	 

      	
              Print Name:

            	 	 	
              Print Name:

            	 	 
	 	 	 	 	 	 

      	
              Title:

            	 	 	 	 	 
	 	 	 	 	 	 

      	
              Address:

            	 	 	
              Address:

            	 	 
	
              

              

            	 	 	
              

              

            	 	 

      

      

    

    
      
        

    

    
    EXHIBIT A

    TO GLOBAL RESTRICTED STOCK UNIT AWARD GRANT NOTICE

    

    

    GLOBAL RESTRICTED STOCK UNIT AWARD AGREEMENT

    

    

    Pursuant to the Global Restricted Stock Unit Award Grant Notice (the “Grant Notice”) to which this Global Restricted Stock Unit Award Agreement, including any additional terms and conditions set forth in any appendix for the Participant’s country (the “Appendix” and together with the Global Restricted Stock Unit Award Agreement, this “Agreement”) is attached, Zymergen Inc., a Delaware corporation (the “Company”),
      has granted to the Participant the number of restricted stock units (“Restricted Stock Units” or “RSUs”) set forth in the Grant Notice under the Company’s 2021 Incentive Award Plan, as amended from time to time (the “Plan”). Each Restricted Stock Unit represents the right to receive one share of Common Stock (a “Share”) upon vesting.

    

    

    ARTICLE I

    

    

    GENERAL

    

    

    1.1         Defined Terms. Capitalized terms not specifically defined herein shall have the meanings specified in the Plan and the Grant Notice.

    

    

    1.2         Incorporation of Terms of Plan. The RSUs are subject to the terms and conditions of the Plan, which are incorporated herein by reference. In the event of any inconsistency between the Plan
        and this Agreement, the terms of the Plan shall control.

    

    

    ARTICLE II

    

    

    GRANT OF RESTRICTED STOCK UNITS

    

    

    2.1         Grant of RSUs. Pursuant to the Grant Notice and upon the terms and conditions set forth in the Plan and this Agreement, effective as of the Grant Date set forth in the Grant Notice, the
        Company hereby grants to the Participant an award of RSUs under the Plan.

    

    

    2.2         Unsecured Obligation to RSUs. Unless and until the RSUs have vested in the manner set forth in Section 2.3
        hereof, the Participant will have no right to receive Common Stock under any such RSUs. Prior to actual payment of any vested RSUs, such RSUs will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of
        the Company.

    

    

    2.3        Vesting Schedule. Subject to Section 2.4 hereof, the RSUs shall vest and become nonforfeitable with respect to
        the applicable portion thereof according to the vesting schedule set forth in the Grant Notice (rounding down to the nearest whole Share).

    

    

    
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    2.4        Forfeiture, Termination and Cancellation upon Termination of Service. Notwithstanding any contrary provision of this Agreement or the Plan, upon the Participant’s Termination of Service for
        any or no reason, all Restricted Stock Units which have not vested prior to or in connection with such Termination of Service shall thereupon automatically be forfeited, terminated and cancelled as of the applicable Termination Date (as defined
        below) without payment of any consideration by the Company, and the Participant, or the Participant’s beneficiary or personal representative, as the case may be, shall have no further rights hereunder; provided, however, if within 12 months following a Change in Control, the Participant experiences a Termination of Service
        due to a Covered Termination, subject to the Participant’s execution of a general release of claims against the Company and its successors and affiliates within the time period prescribed by the Company, the  RSUs shall become fully vested as to
        all of the Shares subject to such RSUs.  No portion of the RSUs which has not become vested as of the date on which the Participant incurs a Termination of Service shall thereafter become vested, except as provided herein and except as may
        otherwise be provided by the Administrator or as set forth in a written agreement between the Company and the Participant. For the avoidance of doubt, except as expressly provided herein, the employment or service during only a portion of the
        vesting period shall not entitle the Participant to vest in a pro-rata portion of the RSUs.

    

    

    For purposes of the RSUs, the Participant’s Termination of Service is deemed to occur as of the date the Participant is no longer actively providing
      services to the Company or any Subsidiary (regardless of the reason for the termination and whether or not later found to be invalid or in breach of Applicable Law in the jurisdiction where the Participant is rendering services or the terms of the
      Participant’s employment or other service agreement, if any) (the “Termination Date”), and unless otherwise determined by the
      Administrator or as expressly set forth in this Section 2.4, the Participant’s right to vest in the RSUs, if any, will terminate as of the Termination Date and will not be extended by any notice period (e.g., the Participant’s period of service would
      not include any contractual notice period or any period of “garden leave” or similar period mandated under the Applicable Law of the jurisdiction where the Participant is rendering services or the terms of the Participant’s employment or other
      service agreement, if any). The Administrator shall have the exclusive discretion to determine when the Participant is no longer actively providing services for purposes of the RSUs (including whether the Participant may still be considered to be
      providing services while on a leave of absence) and, hence, when the Termination Date occurs.

    

    

    2.5         Issuance of Common Stock upon Vesting. As soon as administratively practicable following the vesting of any Restricted Stock Units pursuant to Section 2.3 hereof, but in no event later than 30 days after such vesting date (for the avoidance of doubt, this deadline is intended to comply with the “short term deferral” exemption from Section 409A of the Code),
        the Company shall deliver to the Participant (or any transferee permitted under Section 3.3 hereof) a number of Shares equal to the number of RSUs subject to this Award
        that vest on the applicable vesting date. Notwithstanding the foregoing, in the event Shares cannot be issued pursuant to Section 10.7 of the Plan, the Shares shall be issued pursuant to the preceding sentence as soon as administratively
        practicable after the Administrator determines that Shares can again be issued in accordance with such Section.

    

    

    2.6         Responsibility for Taxes.

    

    

    (a)          The Participant
        acknowledges that, regardless of any action taken by the Company or, if different, the Subsidiary or other affiliate of the Company for which the Participant renders services (the “Service Recipient”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and may exceed the amount (if any) actually withheld by the Company or the
        Service Recipient. The Participant further acknowledges that the Company and/or the Service Recipient (i) make no representations or undertakings regarding the treatment of any Tax-Related Items in connection with any aspect of the RSUs, including,
        but not limited to, the grant, vesting or settlement of the RSUs, the subsequent sale of Shares acquired pursuant to the settlement of any RSUs and the receipt of any dividends; and (ii) do not commit to and are under no obligation to structure the
        terms of the grant or any aspect of the RSUs to reduce or eliminate the Participant’s liability for Tax-Related Items or achieve any particular tax result. Further, if the Participant is subject to Tax-Related Items in more than one jurisdiction,
        the Participant acknowledges that the Company and/or the Service Recipient (or former Service Recipient, as applicable) may be required to withhold or account for Tax-Related Items in more than one jurisdiction.

    

    

    
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    (b)         As set forth in Section
        10.5 of the Plan, the Company shall have the authority and the right to deduct or withhold, or to require the Participant to remit to the Company, an amount sufficient to satisfy all applicable Tax-Related Items with respect to any taxable event
        arising in connection with the RSUs. The Participant hereby authorizes the Company and/or Service Recipient, or their respective agents, at their discretion, to satisfy any applicable withholding obligations for Tax-Related Items by one or a
        combination of the following methods:

    

    

    (i)         withholding from the
        Participant’s salary, wages, or any other amounts payable to the Participant, in accordance with Applicable Law;

    

    

    (ii)       withholding Shares
        otherwise issuable to the Participant upon settlement of the RSUs, provided that to the extent necessary to qualify for an exemption from application of Section 16(b) of the Exchange Act, if applicable, such Share withholding procedure will be
        subject to the express prior approval of the Board or the Committee;

    

    

    (iii)      instructing a broker on
        the Participant’s behalf to sell Shares otherwise issuable to the Participant upon settlement of the RSUs and submit the proceeds of such sale to the Company; or

    

    

    (iv)       any other method
        determined by the Company to be in compliance with Applicable Law.

    

    

    (c)       The Company may withhold or
        account for Tax-Related Items by considering statutory withholding amounts or other applicable withholding rates, including maximum rates applicable in the Participant’s jurisdiction(s). In the event of over-withholding, the Participant may receive
        a refund of any over-withheld amount in cash and (with no entitlement to the equivalent in Shares) or if not refunded, the Participant may seek a refund from the local tax authorities. In the event of under-withholding, the Participant may be
        required to pay any additional Tax-Related Items directly to the applicable tax authority or to the Company and/or the Service Recipient. If the obligations for Tax-Related Items is satisfied by withholding Shares, for tax purposes, the Participant
        is deemed to have been issued the full number of Shares subject to the vested RSUs, notwithstanding that a number of the Shares is held back solely for the purpose of satisfying withholding obligations for Tax-Related Items.

    

    

    (d)          Finally, the Participant
        agrees to pay the Company or the Service Recipient any amount of Tax-Related Items that cannot be satisfied by the means described above in Section 2.6(b). The Company
        shall not be obligated to deliver any Shares to the Participant or the Participant’s legal representative unless and until the Participant or the Participant’s legal representative shall have paid or otherwise satisfied in full the amount of any
        withholding obligation for Tax-Related Items resulting from the RSUs or the Shares subject to the RSUs.

    

    

    
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    2.7        Conditions to Delivery of Shares. The Shares deliverable hereunder may be either previously authorized but unissued Shares, treasury Shares or issued Shares which have then been reacquired
        by the Company. Such Shares shall be fully paid and nonassessable. The Company shall not be required to issue Shares deliverable hereunder prior to fulfillment of the conditions set forth in Section 10.7 of the Plan.

    

    

    2.8         Rights as Stockholder. The holder of the RSUs shall not be, nor have any of the rights or privileges of, a stockholder of the Company, including, without limitation, voting rights and rights
        to dividends, in respect of the RSUs and any Shares underlying the RSUs and deliverable hereunder unless and until such Shares shall have been issued by the Company and held of record by such holder (as evidenced by the appropriate entry on the
        books of the Company or of a duly authorized transfer agent of the Company). No adjustment shall be made for a dividend or other right for which the record date is prior to the date the Shares are issued, except as provided in Article IX of the
        Plan.

    

    

    ARTICLE III

    

    

    OTHER PROVISIONS

    

    

    3.1         Nature of Grant. By accepting the RSUs, the Participant acknowledges, understands, and agrees that:

    

    

    (a)           the Plan is established
        voluntarily by the Company and it is wholly discretionary in nature;

    

    

    (b)          the grant of the RSUs is
        exceptional, voluntary and occasional and does not create any contractual or other right to receive future grants of restricted stock units, or benefits in lieu of restricted stock units, even if restricted stock units have been granted in the
        past;

    

    

    (c)          all decisions with
        respect to future RSU or other grants, if any, will be at the sole discretion of the Company;

    

    

    (d)          the Participant is
        voluntarily participating in the Plan;

    

    

    (e)          the RSUs and any Shares
        acquired under the Plan, and the income from and value of same, are not intended to replace any pension rights or compensation;

    

    

    (f)        the RSUs and any Shares
        acquired under the Plan, and the income from and value of same, are not part of normal or expected compensation for any purposes, including for purposes of calculating any severance, resignation, termination, redundancy, dismissal, end-of-service
        payments, bonuses, long-service awards, holiday pay, pension or retirement or welfare benefits or similar payments;

    

    

    (g)           the future value of the
        Shares underlying the RSUs is unknown, indeterminable, and cannot be predicted with certainty;

    

    

    (h)          no claim or entitlement
        to compensation or damages shall arise from forfeiture of the RSUs resulting from the Participant’s Termination of Service (for any reason whatsoever, whether or not later found to be invalid or in breach of Applicable Law in the jurisdiction where
        the Participant is providing service or the terms of the Participant’s employment or other service agreement, if any);

    

    

    
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    (i)           unless otherwise agreed
        with the Company, the RSUs and the Shares subject to the RSUs, and the income from and value of same, are not granted as consideration for, or in connection with, the service the Participant may provide as a director of a Subsidiary or other
        affiliate of the Company;

    

    

    (j)          unless otherwise
        provided in the Plan or by the Company in its discretion, the RSUs and the benefits evidenced by this Agreement do not create any entitlement to have the RSUs or any such benefits transferred to, or assumed by, another company nor be exchanged,
        cashed out or substituted for, in connection with any corporate transaction affecting the Shares; and

    

    

    (k)         neither the Company, the
        Service Recipient nor any other Subsidiary or other affiliate of the Company shall be liable for any foreign exchange rate fluctuation between the Participant’s local currency and the U.S. dollar that may affect the value of the RSUs or of any
        amounts due to the Participant pursuant to the vesting of the RSUs or the subsequent sale of any Shares acquired upon settlement of the RSUs.

    

    

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

    

    

    3.3         Transferability. The RSUs shall be subject to the restrictions on transferability set forth in Section 10.1 of the Plan.

    

    

    3.4        No Advice Regarding Grant. The Company is not providing any tax, legal or financial advice, nor is the Company making recommendations regarding participation in the Plan, or the
        Participant’s acquisition or sale of the underlying Shares. The Participant understands that the Participant may incur tax consequences in connection with the RSUs granted pursuant to this Agreement (and the Shares issuable with respect thereto).
        The Participant understands and agrees that the Participant should consult with the Participant’s own tax, legal and financial advisors regarding participation in the Plan before taking any action related to the Plan.

    

    

    3.5         Binding Agreement. Subject to the limitation on the transferability of the RSUs contained herein, this Agreement will be binding upon and inure to the benefit of the heirs, legatees, legal
        representatives, successors and assigns of the parties hereto.

    

    

    3.6         Adjustments Upon Specified Events. The Administrator may accelerate the vesting of the RSUs in such circumstances as it, in its sole discretion, may determine. The Participant acknowledges
        that the RSUs are subject to adjustment, modification and termination in certain events as provided in this Agreement and Article IX of the Plan.

    

    

    3.7         Notices. Any notice to be given under the terms of this Agreement to the Company shall be addressed to the Company in care of the Secretary of the Company at the Company’s principal office,
        and any notice to be given to the Participant shall be addressed to the Participant at the Participant’s last address reflected on the Company’s records. By a notice given pursuant to this Section 3.7, either party may hereafter designate a different address for notices to be given to that party. Any notice shall be deemed duly given when sent via email or when sent by certified mail (return receipt
        requested) and deposited (with postage prepaid) in a post office or branch post office regularly maintained by the United States Postal Service or comparable non-U.S. postal service.

    

    

    
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    3.8         Participant’s Representations. If the Shares issuable hereunder have not been registered under the Securities Act or any applicable state laws on an effective registration statement at the
        time of such issuance, the Participant shall, if required by the Company, concurrently with such issuance, make such written representations as are deemed necessary or appropriate by the Company or its counsel.

    

    

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

    

    

    3.10     Governing Law and Venue. The laws of the State of Delaware shall govern the interpretation, validity, administration, enforcement and performance of the terms of this Agreement regardless of
        the law that might be applied under principles of conflicts of laws. For purposes of any action, lawsuit or other proceedings brought to enforce this Agreement, relating to it, or arising from it, the parties hereby submit to and consent to the
        sole and exclusive jurisdiction of the courts of San Francisco, California, or the federal courts for the United States for the Northern District of California, and no other courts, where this grant is made and/or to be performed.

    

    

    3.11       Conformity to Applicable Law. The Participant acknowledges that the Plan and this Agreement are intended to conform to the extent necessary with all provisions of the Securities Act, the
        Exchange Act and any other Applicable Law. Notwithstanding anything herein to the contrary, the Plan shall be administered, and the RSUs are granted, only in such a manner as to conform to Applicable Law. To the extent permitted by Applicable Law,
        the Plan and this Agreement shall be deemed amended to the extent necessary to conform to such Applicable Law.

    

    

    3.12       Amendment, Suspension and Termination. To the extent permitted by the Plan, this Agreement may be wholly or partially amended or otherwise modified, suspended or terminated at any time or
        from time to time by the Administrator.

    

    

    3.13      Successors and Assigns. The Company may assign any of its rights under this Agreement to single or multiple assignees, and this Agreement shall inure to the benefit of the successors and
        assigns of the Company. Subject to the restrictions on transfer herein set forth in Section 3.3 hereof, this Agreement shall be binding upon the Participant and his or her
        heirs, executors, administrators, successors and assigns.

    

    

    3.14       Limitations Applicable to Section 16 Persons. Notwithstanding any other provision of the Plan or this
        Agreement, if the Participant is subject to Section 16 of the Exchange Act, then the Plan, the RSUs and this Agreement shall be subject to any additional limitations set forth in any applicable exemptive rule under Section 16 of the Exchange Act
        (including any amendment to Rule 16b-3 of the Exchange Act) that are requirements for the application of such exemptive rule. To the extent permitted by Applicable Law, this Agreement shall be deemed amended to the extent necessary to conform to
        such applicable exemptive rule.

    

    

    3.15       Not a Contract of Service Relationship. Nothing in this Agreement or in the Plan shall confer upon Participant any right to continue to serve as a Service Provider or interfere with or
        restrict in any way with the right of the Company or the Service Recipient, as applicable, which rights are hereby expressly reserved, to discharge or to terminate for any reason whatsoever, with or without cause, the services of the Participant at
        any time.

    

    

    
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    3.16      Entire Agreement. The Plan, the Grant Notice and this Agreement (including all Exhibits thereto, if any) constitute the entire agreement of the parties and supersede in their entirety all
        prior undertakings and agreements of the Company and the Participant with respect to the subject matter hereof, provided that the RSUs shall be subject to any accelerated vesting provisions in any written agreement between the Participant and the
        Company or Company plan pursuant to which the Participant is eligible, in each case, in accordance with the terms therein.

    

    

    3.17       Section 409A. This Award is not intended to constitute “nonqualified deferred compensation” within the meaning of Section 409A of the Code (together with any Department of Treasury
        regulations and other interpretive guidance issued thereunder, including without limitation any such regulations or other guidance that may be issued after the date hereof, “Section 409A”). However, notwithstanding any other provision of the Plan, the Grant Notice or this Agreement, if at any time the Administrator determines that this Award (or any portion thereof) may
        be subject to Section 409A, the Administrator shall have the right in its sole discretion (without any obligation to do so or to indemnify Participant or any other person for failure to do so) to adopt such amendments to the Plan, the Grant Notice
        or this Agreement, or adopt other policies and procedures (including amendments, policies and procedures with retroactive effect), or take any other actions, as the Administrator determines are necessary or appropriate for this Award either to be
        exempt from the application of Section 409A or to comply with the requirements of Section 409A.

    

    

    3.18       Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part
        of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a general unsecured creditor of the
        Company and its Subsidiaries with respect to amounts credited and benefits payable, if any, with respect to the RSUs, and rights no greater than the right to receive the Common Stock as a general unsecured creditor with respect to RSUs, as and when
        payable hereunder.

    

    

    3.19     Electronic Delivery and Acceptance. The Company may, in its sole discretion, decide to deliver any documents related to current or future participation in the Plan by electronic means. The
        Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through an on-line or electronic system established and maintained by the company or a third party designated by the Company.

    

    

    3.20     Language. The Participant acknowledges that the Participant is sufficiently proficient in English, or has consulted with an advisor who is sufficiently proficient in English, so as to allow
        the Participant to understand the terms and conditions of this Agreement. If the Participant received this Agreement, or any other document related to the RSUs and/or the Plan translated into a language other than English and if the meaning of the
        translated version is different than the English version, the English version will control.

    

    

    3.21       Appendix. Notwithstanding any provisions in this Global Restricted Stock Unit Award Agreement, the RSUs shall be subject to any additional terms and conditions set forth in any Appendix to
        this Global Restricted Stock Unit Award Agreement for the Participant’s country. Moreover, if the Participant relocates to one of the countries included in the Appendix, the additional terms and conditions for such country will apply to the
        Participant, to the extent the Company determines that the application of such terms and conditions is necessary or advisable for legal or administrative reasons. The Appendix constitutes part of this Agreement.

    

    

    
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    3.22      Insider Trading/Market Abuse Laws. The Participant acknowledges that, depending on the Participant’s country or broker’s country, or the country in which the Shares are listed, the
        Participant may be subject to insider trading restrictions and/or market abuse laws in applicable jurisdictions, which may affect his or her ability to accept, acquire, sell or attempt to sell, or otherwise dispose of the Shares, rights to Shares
        (e.g., the RSUs) or rights linked to the value of Shares, during such times as the Participant is considered to have “inside information” regarding the Company (as defined by the laws or regulations in applicable jurisdictions). Local insider
        trading laws and regulations may prohibit the cancellation or amendment of orders the Participant placed before possessing inside information. Furthermore, the Participant may be prohibited from (i) disclosing insider information to any third
        party, including fellow employees (other than on a “need to know” basis) and (ii) “tipping” third parties or causing them to otherwise buy or sell securities. Any restrictions under these laws or regulations are separate from and in addition to any
        restrictions that may be imposed under any applicable Company insider trading policy. The Participant acknowledges that it is his or her responsibility to comply with any applicable restrictions, and the Participant should speak to his or her
        personal advisor on this matter.

    

    

    3.23      Foreign Asset/Account, Exchange Control and Tax Reporting. The Participant acknowledges that the Participant may be subject to foreign asset/account, exchange control and/or tax reporting
        requirements as a result of the acquisition, holding and/or transfer of Shares or cash (including dividends and the proceeds arising from the sale of Shares) derived from his or her participation in the Plan in, to and/or from a brokerage/bank
        account or legal entity located outside the Participant’s country. Applicable Law may require that the Participant report such accounts, assets, the balances therein, the value thereof and/or the transactions related thereto to the applicable
        authorities in such country. The Participant also may be required to repatriate sale proceeds or other funds received as a result of the Participant’s participation in the Plan to his or her country through a designated bank or broker within a
        certain time after receipt. The Participant acknowledges that he or she is responsible for ensuring compliance with any applicable foreign asset/account, exchange control and tax reporting requirements and should consult his or her personal legal
        advisor on this matter.

    

    

    ARTICLE IV

    

    

    CERTAIN DEFINITIONS

    

    

    4.1       “Cause” means (i) the Participant’s failure to perform Participant’s
          assigned duties or responsibilities (other than a failure resulting from the Participant’s Disability) after written notice thereof from the Company describing the Participant’s failure to perform such duties or responsibilities and reasonable opportunity to cure such performance failure within a period of fifteen (15) calendar days following such notice from the Company; (ii) the Participant’s engaging in any act of dishonesty, fraud or misrepresentation in relation to the Participant’s duties to the Company; (iii) the Participant’s violation of any federal or state law
          or regulation applicable to the business of the Company or its affiliates; (iv) the Participant’s breach of any confidentiality agreement or invention assignment agreement between the Participant and the Company (or any affiliate of the Company);
          (v) the Participant’s material violation of written Company policies including but not limited to its Employee Handbook and Code of Conduct; or (vi) the Participant’s
          commission of, or entering a plea of nolo contendere to, any crime or
          committing any act of moral turpitude.

    

    

    
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    4.2        “Good Reason” for the Participant to terminate the Participant’s employment shall mean the occurrence of any of the following events without the
          Participant’s consent: (i) a reduction in the Participant’s salary by more than 10% (excluding the substitution of substantially equivalent compensation), other than as a result of a similar reduction in compensation affecting employees of the
          Company, or its successor entity, generally; (ii) a material diminution in the Participant’s authority, duties or responsibilities; or (iii) relocation of the Participant’s place of employment to a location more than 50 miles from the Company’s
          office location, provided, in each case, that if any of the events set forth above shall occur, the Participant shall give written notice of such event to the Company, or its successor entity, within thirty (30) days following such event, and if
          such event is not cured within thirty (30) calendar days from such notice (the “Good Reason Cure Period”)
          the Participant may exercise the Participant’s rights to resign for Good Reason, provided that if the Participant has not exercised such right within forty-five (45) days of the expiration of the Good Reason Cure Period, the Participant shall be
          deemed to have agreed to the occurrence of such event.

    

    

    4.3         “Covered Termination” means the Participant’s Termination of Service by the Company (or any successor) without Cause or by the Participant for Good Reason.  For the avoidance of doubt, a Covered Termination shall not include a termination
          due to the Participant’s death or Disability.

    

    

    * * * * *

    

    

    
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    APPENDIX

    TO

    GLOBAL RESTRICTED STOCK UNIT AWARD AGREEMENT

    

    

    Zymergen Inc.

    2021 Incentive Award Plan

    

    

    Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Grant Notice, the Global Restricted Stock Unit Award
      Agreement (the “Award Agreement”) and the Plan.

    

    

    Terms and Conditions

    

    

    This Appendix includes additional terms and conditions that govern the RSUs if the Participant resides and/or works in one of the countries listed below.

    

    

    If the Participant is a citizen or resident (or is considered as such for local law purposes) of a country other than the country in which the Participant
      is currently residing and/or working, or if the Participant transfers to another country after the Grant Date, the Administrator shall, in its discretion, determine to what extent the terms and conditions contained herein shall be applicable to the
      Participant.

    

    

    Notifications

    

    

    This Appendix also includes information regarding securities, exchange controls, tax and certain other issues of which the Participant should be aware with
      respect to his or her participation in the Plan. The information is based on the securities, exchange control, tax and other laws in effect in the respective countries as of [_____], 2021. Such laws are often complex and change frequently. As a
      result, the Company strongly recommends that the Participant not rely on the information noted herein as the only source of information relating to the consequences of his or her participation in the Plan because the information may be out of date at
      the time the RSUs vest or the Participant sells Shares acquired under the Plan.

    

    

    In addition, the information contained herein is general in nature and may not apply to the Participant’s particular situation, and the Company is not in a
      position to assure the Participant of any particular result. Accordingly, the Participant should seek appropriate professional advice as to how the relevant laws in his or her country may apply to the Participant’s situation.

    

    

    If the Participant is a citizen or resident (or is considered as such for local law purposes) of a country other than the one in which he or she is
      currently residing and/or working, or if the Participant transfers to another country after the Grant Date, the information contained herein may not be applicable to the Participant in the same manner.

    

    

    Data Privacy Provisions Applicable to all Participants in the European Union/European Economic Area/United Kingdom

    

    

    (a)        Purposes and Legal Bases of Processing. The
          Company processes Data (as defined below) for the purpose of administering and managing the Participant’s participation in the Plan and facilitating compliance with applicable tax, exchange control, securities and labor law. The legal basis for
          the processing of the Data by the Company and the third-party service providers described below is the necessity of the data processing for the Company to perform its contractual obligations in connection with the RSUs and for the Company’s
          legitimate business interests of managing the Plan and generally administering employee equity awards.

    

    

    
      11

      
        

    

    (b)         Data Collection and Processing. The Company and the Service Recipient collect, process and use certain personal
        information about the Participant, including, but not limited to, the Participant’s name, home address, telephone number, email address, date of birth, social insurance number, passport or other identification number, salary, nationality, job
        title, any Shares or directorships held in the Company, details of all awards granted under the Plan or any other entitlement to Shares awarded, canceled, exercised, vested, unvested or outstanding in the Participant’s favor (“Data”) for the
        legitimate purpose of managing the Participant’s participation in the Plan.

    

    

    (c)        Stock Plan Administration and Other Service Providers. The Company transfers Data to Solium Capital ULC and certain of its affiliates (“Shareworks”), which is assisting the Company with the implementation, administration and management of the Plan. The Company may decide to engage a
          different stock plan administration service provider in the future and will notify the Participant accordingly. The Participant may be asked to agree on separate terms and data processing practices with Shareworks (or any future service
          provider), with such agreement being a condition to the ability to participate in the Plan. The Company may further transfer Data to other third party service providers, if necessary to ensure compliance with applicable tax, exchange control,
          securities and labor law. Such third-party service providers may include the Company’s outside legal counsel and auditor. Wherever possible, the Company will anonymize data, but the Participant understands that Data may need to be transferred to such providers to ensure compliance with Applicable Law and/or tax requirements.

    

    

    (d)         International Data Transfers. The Company and its service providers, including without limitation Shareworks, operate (with respect to the Company) in the United States, which means that it will
          be necessary for Data to be transferred to, and processed in, the United States. The Participant’s country or jurisdiction may have different data privacy laws and protections than the United States. The Participant understands and acknowledges
          that the United States is not subject to an unlimited adequacy finding by the European Commission and that the Participant’s Data may not have an equivalent level of protection as compared to the Participant’s country.

    

    

    When the Company
        transfers the Participant’s Data, it will ensure that this transfer complies with applicable laws and legislation. The
          Company has Model Clauses in place for the collection, use,
          and retention of Data transferred from the EU, EEA and the UK to the United States and other countries. If third-party agents process Data on the
          Company’s behalf in a manner inconsistent with the Principles of the Model Clauses, the Company remains liable unless it proves it is not responsible
          for the event giving rise to the damage.

    

    

    (e)       Data Retention. The Company will hold and use Data only as long as is necessary to
          implement, administer and manage the Participant’s participation in the Plan, or as required to comply with legal or regulatory obligations, including under tax, exchange control, labor and securities laws. The period may extend beyond the
          Termination Date.

    

    

    (f)          Contractual requirement. The Participant’s provision of Data and its processing as described above is a contractual requirement and a condition to the Participant’s
          ability to participate in the Plan.  The Participant understands that, as a consequence of refusing to provide Data, the Company may not be able to allow the Participant to participate in the Plan, grant RSUs to the Participant or administer or
          maintain such RSUs. However, the Participant’s participation in the Plan is purely voluntary. While the Participant will not receive RSUs if the Participant decides against participating in the Plan or providing Data as described above, the
          Participant’s salary from or service relationship with the Service Recipient will not be affected For more information on the consequences of the refusal to provide Data, the Participant may contact the Participant’s local human resources
          representative.

    

    

    
      12

      
        

    

    (g)          Data Subject Rights. The
          Participant may have a number of rights under data privacy laws in his or her jurisdiction. Depending on where the Participant is based, such rights may include the right to (0 request access to or copies of Data, (ii) rectify incorrect Data,
          (iii) delete Data, (iv) restrict the processing of Data, (v) restrict the portability of Data, (vi) lodge complaints with competent
          authorities, and/or (vii) receive a list with the names and addresses of any potential recipients of Data. To receive clarification regarding these rights or to exercise these rights, the Participant can contact the Participant’s local human
          resources representative.

    

    

    Data Privacy Provisions Applicable to all Participants outside the European Union / European Economic Area / Switzerland / United
        Kingdom

    

    

    The Participant
        hereby explicitly and unambiguously consents to the collection, use and transfer, in electronic or other form, of the Participant’s personal data as described herein and
          any other award materials by and among, as applicable,
          the Service Recipient, the Company, and any other
          Subsidiary or other affiliate of the Company for the exclusive purpose of implementing, administering and managing the Participant’s participation in
          the Plan.

    

    

    The Participant
        understands that the Company and the Service Recipient hold certain personal information about the Participant, including
          but not limited to, the Participant’s name, home address, email address and telephone number, date of birth, social insurance number, passport or other identification number, salary, nationality, job title, any Shares or directorships held in the Company, details of all awards or any other entitlement to Shares granted, canceled, exercised, vested, unvested or outstanding in the Participant’s favor (“Data”) for the exclusive purpose of implementing, administering and managing the Plan.

    

    

    The Participant
        understands that Data will be transferred to Solium Capital ULC and certain of its affiliates (“Shareworks”), and/or any other third parties assisting the Company with the implementation, administration and management of the Plan. The Participant understands that Shareworks is and other recipients of Data may be located in the United States or elsewhere, and that the recipients’ country (e.g., the United States) may have different data privacy laws and protections than the Participant’s country. The Participant understands that the Participant may request a list with the names and addresses of any
          potential recipients of Data by contacting the Participant’s local human resources representative. The Participant authorizes the Company, Shareworks
          and any other possible recipients which may assist the Company (presently or in the future) with implementing, administering and managing the Plan to receive, possess, use, retain and transfer Data, in electronic or other form, for the purpose of implementing, administering and managing the Participant’s participation in the Plan. The Participant understands that Data will be held only as long as is necessary to implement, administer and manage the Participant’s participation in the Plan. The Participant understands that the Participant may, at any time, view Data, request additional information about the storage and processing of Data, require any necessary
          amendments to Data or refuse or withdraw the consents herein, in any case without cost, by contacting in writing the Participants local human resources representative, further, the Participant understand that the Participant are providing the consents herein on a purely voluntary as is. If the Participant does not consent, or if the Participant later seeks to revoke the Participant’s consent, the Participant’s employment or service with the Service Recipient will not be affected; the only consequence of refusing or withdrawing the Participant’s consent is that the Company would not be able to grant the RSUs or other equity
          awards to the Participant, or administer or maintain such awards. Therefore, the Participant understands that refusing or withdrawing the Participant’s consent may affect the Participant’s ability to participate in the Plan. For more information on the consequences of the Participant’s refusal to
          consent or withdrawal of consent, the Participant understands that the Participant may contact his or her local human resources representative.

    

    

    
      13

      
        

    

    Finally, upon request of the Company or the Service Recipient, the Participant agrees to provide an executed data privacy consent form (or any other agreements or consents) that the Company or
          the Service Recipient may deem necessary to obtain from the Participant for the purpose of administering the Participant’s participation in the Plan in compliance with the data privacy laws in the Participant’s country, either now or in the future. The Participant understands and agrees that the Participant will not be able to participate in the Plan if the Participant fails to
          provide any such consent or agreement requested by the Company and/or the Service Recipient

    

    

    japan

    

    

    Notifications

    

    

    Foreign Asset/Account Reporting Information. The Participant is required to report details of any assets (including Shares acquired under the Plan) held outside Japan as of December 31 each year, to the extent such assets have a total net fair market value exceeding
        ¥50 million. Such report will be due by March 15 each year. The Participant should consult with his or her personal tax advisor as to whether the reporting obligation applies and whether the Participant will be required to report details of any
        outstanding RSUs or Shares in the report.

    

    

    Netherlands

    

    

    There are no country-specific provisions.

    

    

    Spain

    

    

    Terms and Conditions

    

    

    Nature of Grant. The following
        provision supplements Sections 2.4 and 3.1 of the Award Agreement:

    

    

    By accepting this grant of RSUs, the Participant consents to participation in the Plan and acknowledges that the Participant has received a copy of the
      Plan.

    

    

    The Participant understands that the Company has unilaterally, gratuitously, and in its sole discretion decided to grant RSUs under the Plan to Service
      Providers throughout the world. The decision is a limited decision that is entered into upon the express assumption and condition that any grant will not bind the Company or any Subsidiary or other affiliate of the Company, other than to the extent
      set forth in this Agreement. Consequently, the Participant understands that the RSUs are granted on the assumption and condition that the RSUs and any Shares acquired at settlement of the RSUs are not part of any employment or service agreement
      (either with the Company or any Subsidiary or other affiliate of the Company, including the Service Recipient), and shall not be considered a mandatory benefit, salary for any purposes (including severance compensation), or any other right
      whatsoever. In addition, the Participant understands that this grant of RSUs would not be made but for the assumptions and conditions referred to above; thus, the Participant acknowledges and freely accepts that, should any or all of the assumptions
      be mistaken or should any of the conditions not be met for any reason, then any award of or right to the RSUs shall be null and void.

    

    

    
      14

      
        

    

    Further, the Participant understands that the Participant will not be entitled to continue vesting in any RSUs once Participant experiences a Termination
      of Service. This will be the case, for example, even in the event of a termination of the Participant by reason of, but not limited to, resignation, retirement, disciplinary dismissal adjudged to be with cause, disciplinary dismissal adjusted or
      recognized to be without cause, individual or collective dismissal or objective grounds, whether adjudged or recognized to be without cause, material modification of the terms of employment or service under Article 41 of the Workers’ Statute,
      relocation under Article 40 of the Workers’ Statute, Article 50 of the Workers’ Statute, unilateral withdrawal by the Service Recipient and under Article 10.3 of the Royal Decree 1382/1985. The Participant acknowledges that the Participant has read
      and specifically accepts the conditions referred to in Sections 2.4 and 3.1 of the Award Agreement.

    

    

    Notifications

    

    

    Securities Law Information. No
        “offer to the public,” as defined under Spanish law, has taken place or will take place in the Spanish territory in connection with the RSUs. The Plan, this Agreement, and any other documents evidencing this grant of RSUs have not been, nor will
        they be, registered with the Comisión Nacional del Mercado de Valores (the Spanish securities regulator), and none of those documents constitutes a public offering prospectus.

    

    

    Exchange Control Information. The
        Participant must declare the acquisition of Shares to the Spanish Dirección General de Comercio e Inversiones (the “DGCI”), the Bureau
        for Commerce and Investments, which is a department of the Ministry of Economics and Competitiveness. The Participant must also declare ownership of any Shares by filing a Form D-6 with the Directorate of Foreign Transactions each January while the
        Shares are owned. In addition, the sale of Shares must also be declared on Form D-6 filed with the DGCI in January, unless the sale proceeds exceed the applicable threshold (currently €1,502,530), in which case, the filing is due within one month
        after the sale.

    

    

    In addition, the Participant is required to declare electronically to the Bank of Spain any securities accounts (including brokerage accounts held abroad),
      any foreign instruments (e.g., Shares) and any transactions with non-Spanish residents (including any payments of cash or Shares made to the Participant by the Company or any U.S. brokerage account) if the balances in such accounts together with the
      value of such instruments as of December 31, or the volume of transactions with non-Spanish residents during the prior or current year, exceed €1 million.

    

    

    Foreign Asset/Account Reporting Information. To the extent the Participant holds Shares and/or has bank accounts outside Spain with a value in excess of €50,000 (for each type of asset) as of December 31, the Participant will be required to report information on
        such assets on his or her tax return (tax form 720) for such year. After such Shares and/or accounts are initially reported, the reporting obligation will apply for subsequent years only if the value of any previously reported shares or accounts
        increases by more than €20,000.

    

    

    
      15

      
        

    

    Taiwan

    

    

    Terms and Conditions

    

    

    Securities Law Notice. 
        The offer of participation in the Plan is available only for Employees.  The offer of participation in the Plan is not a public offer of securities by a Taiwanese company.

    

    

    Notifications

    

    

    Exchange Control Information.  Taiwanese residents may acquire and remit foreign currency (including proceeds from the sale of Shares) into and out of Taiwan up to a certain amount per year.  The Participant understands that if he or she is a Taiwanese
        resident, and the transaction amount is exceeds a certain amount in a single transaction, the Participant may need to submit a foreign exchange transaction form and provide supporting documentation to the satisfaction of the remitting bank.

    
      

      

      

      

      16Exhibit 10.9

    

    

    ZYMERGEN INC.

    EMPLOYEE STOCK PURCHASE PLAN

    

    

    ARTICLE 1

    PURPOSE

    

    

    The Plan’s purpose is to assist employees of the Company and its Designated Companies in acquiring a stock ownership interest in
      the Company, and to help such employees provide for their future security and to encourage them to remain in the employment of the Company and its Subsidiaries.

    

    

    The Plan consists of two components: the Section 423 Component and the Non-Section 423 Component. The Section 423 Component is
      intended to qualify as an “employee stock purchase plan” under Section 423 of the Code and shall be administered, interpreted and construed in a manner consistent with the requirements of Section 423 of the Code. In addition, this Plan authorizes the
      grant of Options under the Non-Section 423 Component, which need not qualify as Options granted pursuant to an “employee stock purchase plan” under Section 423 of the Code; such Options granted under the Non-Section 423 Component shall be granted
      pursuant to separate Offerings containing such sub-plans, appendices, rules or procedures as may be adopted by the Administrator and designed to achieve tax, securities laws or other objectives for Eligible Employees and the Designated Companies in
      locations outside of the United States. Except as otherwise provided herein or determined by the Administrator, the Non-Section 423 Component will operate and be administered in the same manner as the Section 423 Component. Offerings intended to be
      made under the Non-Section 423 Component will be designated as such by the Administrator at or prior to the time of such Offering.

    

    

    For purposes of this Plan, the Administrator may designate separate Offerings under the Plan, the terms of which need not be
      identical, in which Eligible Employees will participate, even if the dates of the applicable Offering Period(s) in each such Offering is identical, provided that the terms of participation are the same within each separate Offering under the Section
      423 Component as determined under Section 423 of the Code. Solely by way of example and without limiting the foregoing, the Company could, but shall not be required to, provide for simultaneous Offerings under the Section 423 Component and the
      Non-Section 423 Component of the Plan.

    

    

    ARTICLE 2

    DEFINITIONS

    

    

    As used in the Plan, the following words and phrases have the meanings specified below, unless the context clearly indicates
      otherwise:

    

    

    2.1.          “Administrator” means the Committee, or such individuals to which authority to administer the Plan has been delegated under Section 7.1
        hereof.

    

    

    
      1

      
        

    

    2.2.           “Affiliate” means any person or entity that directly or indirectly controls, is controlled by or is under common control with the Company.
        The term “control” (including, with correlative meaning, the terms “controlled by” and “under common control with”), as applied to any person or entity, means the possession, directly or indirectly, of the power to direct or cause the direction of
        the management and policies of such person or entity, whether through the ownership of voting or other securities, by contract or otherwise.

    

    

    2.3.           “Agent” means the brokerage firm, bank or other financial institution, entity or person(s), if any, engaged, retained, appointed or
        authorized to act as the agent of the Company or an Employee with regard to the Plan.

    

    

    2.4.            “Board” means the Board of Directors of the Company.

    

    

    2.5.          “Code” means the U.S. Internal Revenue Code of 1986, as amended, and all regulations, guidance, compliance programs and other
        interpretative authority issued thereunder.

    

    

    2.6.            “Committee” means the Compensation Committee of the Board.

    

    

    2.7.            “Common Stock” means the common stock of the Company.

    

    

    2.8.            “Company” means Zymergen Inc., a Delaware corporation, or any successor.

    

    

    2.9.         “Compensation” of an Employee means the regular earnings or base salary (including overtime, shift differentials, vacation pay, salaried
        production schedule premiums, holiday pay, jury duty pay, funeral leave pay, paid time off, military pay, prior week adjustments and weekly bonus) paid to the Employee by the Company or a Designated Company, as applicable, on each Payday as
        compensation for services to the Company or the Designated Company, as applicable, before deduction for any salary deferral contributions made by the Employee to any tax-qualified or nonqualified deferred compensation plan, excluding (a) bonuses
        and commissions, (b) education or tuition reimbursements, (c) imputed income arising under any group insurance or benefit program, (d) travel expenses, (e) business and moving reimbursements, including tax gross ups and taxable mileage allowance,
        (f) income received in connection with any stock options, restricted stock, restricted stock units or other compensatory equity awards and (h) all contributions made by the Company or any Designated Company for the Employee’s benefit under any
        employee benefit plan now or hereafter established. Such Compensation shall be calculated before deduction of any income or employment tax withholdings, but shall be withheld from the Employee’s net income. The Administrator, in its discretion, may
        establish a different definition of Compensation for an Offering, which for the Section 423 Component shall apply on a uniform and nondiscriminatory basis. Further, the Administrator will have discretion to determine the application of this
        definition to Eligible Employees outside the United States.

    

    

    
      2

      
        

    

    2.10.         “Designated Company” means each Affiliate and Subsidiary, including any Affiliate and Subsidiary in existence on the Effective Date and any
        Affiliate and Subsidiary formed or acquired following the Effective Date, that has been designated by the Administrator from time to time in its sole discretion as eligible to participate in the Plan, in accordance with Section 7.2 hereof, such
        designation to specify whether such participation is in the Section 423 Component or Non-Section 423 Component. A Designated Company may participate in either the Section 423 Component or Non-Section 423 Component, but not both. Notwithstanding the
        foregoing, if any Affiliate or Subsidiary is disregarded for U.S. tax purposes in respect of the Company or any Designated Company participating in the Section 423 Component, then such disregarded Affiliate or Subsidiary shall automatically be a
        Designated Company participating in the Section 423 Component. If any Affiliate or Subsidiary is disregarded for U.S. tax purposes in respect of any Designated Company participating in the Non-Section 423 Component, the Administrator may exclude
        such Affiliate or Subsidiary from participating in the Plan, notwithstanding that the Designated Company in respect of which such Affiliate or Subsidiary is disregarded may participate in the Plan.

    

    

    2.11.        “Effective Date” means the date immediately prior to the date the Company’s registration statement relating to its initial public offering
        becomes effective, provided that the Board has adopted, and the stockholders have approved, the Plan prior to or on such date.

    

    

    2.12.         “Eligible Employee” means any Employee of the Company or a Designated Company, except that the Administrator may exclude any or all of the
        following unless prohibited by applicable law, Employees:

    

    

    (a)             who
        are customarily scheduled to work 20 hours or less per week;

    

    

    (b)             whose
        customary employment is not more than five months in a calendar year;

    

    

    (c)             who
        have been employed less than two years;

    

    

    (d)             who
        are not employed by the Company or a Designated Company prior to the applicable Enrollment Date occurs; and

    

    

    (e)             any
        Employee who is a “highly compensated employee” of the Company or any Designated Company (within the meaning of Section 414(q) of the Code), or that is such a “highly compensated employee” (A) with compensation above a specified level, (B) who is
        an officer or (C) who is subject to the disclosure requirements of Section 16(a) of the Exchange Act; or

    

    

    (f)            any Employee who is a citizen or resident of a jurisdiction outside the United States (without regard to whether they are also a citizen of the United States or a resident alien
          (within the meaning of Section 7701(b)(1)(A) of the Code)) if either (A) the grant of the Option is prohibited under the laws of the jurisdiction governing such Employee, or (B) compliance with the laws of the jurisdiction would cause the Section
          423 Component, any Offering thereunder or an Option granted thereunder to violate the requirements of Section 423 of the Code;  provided that any exclusion shall be applied in an identical manner under each Offering to all Employees in accordance with Treas. Reg. § 1.423-2(e).

     

    

    Notwithstanding the foregoing, any Employee who, after the granting of the Option, would be deemed for purposes of Section 423(b)(3) of the Code to
      possess 5% or more of the total combined voting power or value of all classes of stock of the Company or any Subsidiary shall not be an Eligible Employee. For purposes of the preceding sentence, the rules of Section 424(d) of the Code with regard to
      the attribution of stock ownership shall apply in determining the stock ownership of an individual, and stock which an Employee may purchase under outstanding options shall be treated as stock owned by the Employee.

    

    

    
      3

      
        

    

    Further, with respect to the Non-Section 423 Component, (a) the Administrator may limit eligibility further within a Designated Company so as to
      only designate some Employees of a Designated Company as Eligible Employees, and (b) to the extent any restrictions in this definition are not consistent with applicable local laws, the applicable local laws shall control.

    

    

    2.13.         “Employee” means any person who renders services to the Company or a Designated Company in the status of an employee within the meaning of
        Section 3401(c) of the Code. “Employee” shall not include any director of the Company or a Designated Company who does not render services to the Company or a Designated Company in the status of an employee within the meaning of Section 3401(c) of
        the Code. For purposes of the Plan, the employment relationship shall be treated as continuing intact while the individual is on military leave, sick leave or other leave of absence approved by the Company or a Designated Company and meeting the
        requirements of Treas. Reg. § 1.421-1(h)(2). Where the period of leave exceeds three months, or such other period specified in Treas. Reg. § 1.421-1(h)(2), and the individual’s right to reemployment is not guaranteed either by statute or by
        contract, the employment relationship shall be deemed to have terminated on the first day immediately following such three (3)-month period, or such other period specified in Treas. Reg. § 1.421-1(h)(2).

    

    

    2.14.          “Enrollment Date” means the first date of each Offering Period.

    

    

    2.15.          “Exercise Date” means the last Trading Day of each Purchase Period, except as provided in Section 5.2 hereof.

    

    

    2.16.         “Exchange Act” means the U.S. Securities Exchange Act of 1934, as amended.

    

    

    2.17.          “Fair Market Value” means, as of any date, the value of Common Stock determined as follows:

    

    

    (a)             If
        the Common Stock is (i) listed on any established securities exchange (such as the New York Stock Exchange or Nasdaq Stock Market), (ii) listed on any national market system or (iii) listed, quoted or traded on any automated quotation system, its
        Fair Market Value shall be the closing sales price for a share of Common Stock as quoted on such exchange or system for such date, as reported in The Wall
          Street Journal or such other source as the Administrator deems reliable;

    

    

    (b)          If the
        Common Stock is not listed on an established securities exchange, national market system or automated quotation system, but the Common Stock is regularly quoted by a recognized securities dealer, its Fair Market Value shall be the mean of the high
        bid and low asked prices for such date, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; or

    

    

    
      4

      
        

    

    (c)            If the
        Common Stock is neither listed on an established securities exchange, national market system or automated quotation system nor regularly quoted by a recognized securities dealer, its Fair Market Value shall be established by the Administrator in
        good faith.

    Notwithstanding the foregoing, the Fair Market Value on the Initial Grant Date shall be initial public offering price of a share as set forth in
      the Company’s final prospectus relating to its initial public offering filed with the U.S. Securities and Exchange Commission.

    

    

    2.18.          “Grant Date” means the first Trading Day of an Offering Period.

    

    

    2.19.          “Initial Grant Date” means the date the Company’s registration statement relating to its initial public offering becomes effective, provided that the Board has adopted, and the stockholders have approved, the Plan prior to or on such date.

    

    

    2.20.          “New Exercise Date” has the meaning set forth in Section 5.2(b) hereof.

    

    

    2.21.        “Non-Section 423 Component” means those Offerings under the Plan, together with the sub-plans, appendices, rules or procedures, if any,
        adopted by the Administrator as a part of this Plan, in each case, pursuant to which Options may be granted to Eligible Employees that need not satisfy the requirements for Options granted pursuant to an “employee stock purchase plan” that are set
        forth under Section 423 of the Code.

    

    

    2.22.         “Offering” means an offer under the Plan of an Option that may be exercised during an Offering Period as further described in Article 4
        hereof. Unless otherwise specified by the Administrator, each Offering to the Eligible Employees shall be deemed a separate Offering, even if the dates and other terms of the applicable Purchase Periods of each such Offering are identical and the
        provisions of the Plan will separately apply to each Offering. To the extent permitted by Treas. Reg. § 1.423-2(a)(1), the terms of each separate Offering under the Section 423 Component need not be identical, provided that the terms of the Section
        423 Component and an Offering thereunder together satisfy Treas. Reg. § 1.423-2(a)(2) and (a)(3).

    

    

    2.23.          “Offering Period” means each consecutive six (6)-month period commencing on each November 16th and May 16th, and with
        respect to which Options shall be granted to Participants, provided that the first Offering Period (the “Initial Offering Period”)
        shall commence on the Initial Grant Date and shall end on November 15th, 2021.  The duration and timing of Offering Periods may be established or changed by the Administrator at any time, in its sole discretion and may consist of one or
        more Purchase Periods. Notwithstanding the foregoing, in no event may an Offering Period exceed 27 months.

    

    

    2.24.          “Option” means the right to purchase shares of Common Stock pursuant to the Plan during each Offering Period.

    

    

    2.25.          “Option Price” means the purchase price of a share of Common Stock hereunder as provided in Section 4.2 hereof.

    

    

    2.26.          “Parent” means any entity that is a parent corporation of the Company within the meaning of Section 424 of the Code.

    

    

    
      5

      
        

    

    2.27.          “Participant” means any Eligible Employee who elects to participate in the Plan.

    

    

    2.28.          “Payday” means the regular and recurring established day for payment of Compensation to an Employee.

    

    

    2.29.          “Plan” means this Employee Stock Purchase Plan, including both the Section 423 Component and Non-Section 423 Component and any other
        sub-plans or appendices hereto, as amended from time to time.

    

    

    2.30.          “Plan Account” means a bookkeeping account established and maintained by the Company in the name of each Participant.

    

    

    2.31.        “Purchase Period” means each consecutive six (6)-month period commencing on each November 16th and May 16th within
        each Offering Period, provided that the first Purchase Period hereunder shall commence under the Initial Offering Period on the Initial Grant Date and end on November 15th, 2021 (the “Initial Purchase Period”). The duration and timing of Purchase Periods may be established or changed by the Administrator at any time, in its sole discretion. Notwithstanding
        the foregoing, in no event may a Purchase Period exceed the duration of the Offering Period under which it is established.

    

    

    2.32.          “Section 409A” means Section 409A of the Code.

    

    

    2.33.          “Section 423 Component” means those Offerings under the Plan that are intended to meet the requirements under Section 423(b) of the Code.

    

    

    2.34.          “Subsidiary” means any entity that is a subsidiary corporation of the Company within the meaning of Section 424 of the Code.

    

    

    2.35.          “Tax-Related Items” means any U.S. and non-U.S. federal, state and/or local taxes (including, without limitation, income tax, social
        insurance contributions, fringe benefit tax, employment tax, stamp tax and any employer tax liability which has been transferred to a Participant) for which a Participant is liable in connection with his or her participation in the Plan.

    

    

    2.36.         “Trading Day” means a day on which the national stock exchange upon which the Common Stock is listed is open for trading.

    

    

    2.37.          “Treas. Reg.” means U.S. Department of the Treasury regulations.

    

    

    2.38.          “Withdrawal Election” has the meaning set forth in Section 6.1(a) hereof.

    

    

    ARTICLE 3

    PARTICIPATION

    3.1.           Eligibility.

    

    

    
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    (a)            Any
        Eligible Employee who is employed by the Company or a Designated Company on a given Enrollment Date for an Offering Period shall be eligible to participate in the Plan during such Offering Period, subject to the requirements of Articles 4 and 5
        hereof, and, for the Section 423 Component, the limitations imposed by Section 423(b) of the Code. Notwithstanding the foregoing, each Eligible Employee who is employed by the Company or a Designated Company on the Initial Grant Date shall be
        eligible to participate in the Initial Offering Period, subject to the requirements of Articles 4 and 5 hereof, and, for the Section 423 Component, the limitations imposed by Section 423(b) of the Code.

    

    

    (b)            No
        Eligible Employee shall be granted an Option under the Section 423 Component which permits the Participant’s rights to purchase shares of Common Stock under the Plan, and to purchase stock under all other employee stock purchase plans of the
        Company, any Parent or any Subsidiary subject to Section 423 of the Code, to accrue at a rate which exceeds $25,000 of fair market value of such stock (determined at the time such Option is granted) for each calendar year in which such Option is
        outstanding at any time. The limitation under this Section 3.1(b) shall be applied in accordance with Section 423(b)(8) of the Code.

    

    

    3.2.            Election
          to Participate; Payroll Deductions

    

    

    (a)            Each
        individual who is an Eligible Employee as of an Offering Period’s Enrollment Date may elect to participate in such Offering Period and the Plan by delivering to the Company or an Agent designated by the Company an enrollment form including a
        payroll deduction authorization (which may be in an electronic format or such other method as determined by the Company in accordance with the Company’s practices) (a “Participation Election”) no later than the period of time prior to the applicable Enrollment Date  determined by the Administrator, in its sole discretion. Except as provided in Sections 3.2(e), 3.2(f) and 3.3
        hereof, an Eligible Employee may participate in the Plan only by means of payroll deduction.

    

    

    (b)            Subject
        to Section 3.1(b) hereof and except as may otherwise be determined by the Administrator, payroll deductions (i) shall equal at least 1% of the Participant’s Compensation as of each Payday of the Offering Period following the Enrollment Date, but
        not more than 15% of the Participant’s Compensation as of each Payday of the Offering Period following the Enrollment Date; and (ii) shall be expressed as
        a whole number percentage. Subject to Section 3.2(e) hereof, amounts deducted from a Participant’s Compensation with respect to an Offering Period pursuant to this Section 3.2 shall be deducted each Payday through payroll deduction and credited to
        the Participant’s Plan Account.

    

    

    (c)            Unless
        otherwise determined by the Administrator, following at least one payroll deduction, a Participant may decrease (to as low as zero) the amount deducted from such Participant’s Compensation only once during a Purchase Period upon ten calendar days’
        prior written notice to the Company. After the Initial Offering Period, a Participant may not increase the amount deducted from such Participant’s Compensation during an Offering Period.

    

    

    (d)           Upon
        the completion of an Offering Period, each Participant in such Offering Period shall automatically participate in the immediately following Offering Period at the same payroll deduction percentage as in effect at the termination of such Offering
        Period, unless such Participant delivers to the Company or an Agent designated by the Company a different Participation Election with respect to the successive Offering Period in accordance with Section 3.2(a) hereof, or unless such Participant
        becomes ineligible for participation in the Plan.

    

    

    
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    (e)          Notwithstanding
        any other provisions of the Plan to the contrary, in non-U.S. jurisdictions where participation in the Plan through payroll deductions is prohibited or otherwise problematic under applicable local laws (as determined by the Administrator in its
        sole discretion), the Administrator may provide that an Eligible Employee may elect to participate through contributions to the Participant’s Plan Account in a form acceptable to the Administrator in lieu of or in addition to payroll deductions;
        provided, however, that, for any Offering under the Section 423 Component, the Administrator must determine that any alternative method of contribution is applied on an equal and uniform basis to all Eligible Employees in the Offering. Any
        reference to “payroll deductions” in this Section 3.2 (or in any other section of the Plan) will similarly cover contributions by other means made pursuant to this Section 3.2(e).

    

    

    (f)          Notwithstanding
        anything in this Section 3.2 to the contrary, each Eligible Employee who is employed by the Company or a Designated Company on the Initial Grant Date shall (i) automatically become a Participant in the Plan with respect to the Initial Offering
        Period and (ii) be granted an Option to purchase the maximum number of shares of Common Stock purchasable assuming the maximum amount of contributions permitted to be made by such Participant for such Initial Offering Period pursuant to the terms
        of this Plan; provided that within 30 calendar days following the Initial Grant Date or such other time as determined by the Administrator (but in no event prior to the date on which the Company’s registration statement on Form S-8 is filed with
        the U.S. Securities and Exchange Commission in respect of the Plan), each such Participant shall deliver a Participation Election pursuant to which such Participate may (i) elect to make such contributions (or a lesser amount of contributions) for
        the Initial Offering Period by payroll deductions in accordance with the Plan, such payroll deductions not to exceed 15% of such Participant’s Compensation for the Paydays occurring during the Initial Purchase Period, provided that an individual
        payroll deduction may exceed 15% of such Participant’s Compensation for the applicable Payday or (ii) elect to make no contributions for such Initial Offering Period. If any Participant fails to deliver the Participation Election provided by the
        Company or an Agent designated by the Company for the Initial Offering Period on or prior to the date designated by the Administrator for such purpose, such Participant shall be deemed to have withdrawn from the Initial Offering Period.  For the
        Initial Offering Period under this Plan, payroll deductions shall not begin until such date determined by the Administrator, in its sole discretion.

    

    

    ARTICLE 4

    PURCHASE OF SHARES

    

    

    4.1.          Grant of Option. The Company may make one or more Offerings under the Plan, which may be successive or overlapping with one another, until the earlier of: (i) the date on
        which all shares of Common Stock available under the Plan have been purchased or (ii) the date on which the Plan is suspended or terminates. The Administrator shall designate the terms and conditions of each Offering in writing, including without
        limitation, the Offering Period and the Purchase Periods. Each Participant shall be granted an Option with respect to an Offering Period on the applicable Grant Date. Subject to the limitations of Section 3.1(b) hereof, the number of shares of
        Common Stock subject to a Participant’s Option shall be determined by dividing (a) such Participant’s payroll deductions accumulated prior to an Exercise Date and retained in the Participant’s Plan Account on such Exercise Date by (b) the
        applicable Option Price; provided that in no event shall a Participant be permitted to purchase during each Purchase Period more than 50,000 shares of
        Common Stock (subject to any adjustment pursuant to Section 5.2 hereof). The Administrator may, for future Purchase Periods, increase or decrease, in its absolute discretion, the maximum number of shares of Common Stock that a Participant may
        purchase during any such future Purchase Periods. Each Option shall expire on the last Exercise Date for the applicable Offering Period immediately after the automatic exercise of the Option in accordance with Section 4.3 hereof, unless such Option
        terminates earlier in accordance with Article 6 hereof.

    

    

    
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    4.2.           Option Price. The Option Price shall equal 85% of the lesser of the Fair Market Value of a share of Common Stock on (a) the applicable Grant Date and (b) the applicable
        Exercise Date, or such other price designated by the Administrator; provided that in no event shall the Option Price be less than the par value per
        share of the Common Stock.

    

    

    4.3.           Purchase of Shares.

    

    

    (a)             On
        each Exercise Date for an Offering Period, each Participant shall automatically and without any action on such Participant’s part be deemed to have exercised the Participant’s Option to purchase at the applicable Option Price the largest number of
        whole shares of Common Stock which can be purchased with the amount in the Participant’s Plan Account, subject to the limitations set forth in the Plan. Unless otherwise determined by the Administrator in advance of an Offering or in accordance
        with applicable law, any balance that is remaining in the Participant’s Plan Account (after exercise of such Participant’s Option) as of the Exercise Date shall be carried forward into the next Offering Period, unless the Participant has properly
        elected to withdraw from the Plan, has ceased to be an Eligible Employee or with respect to the maximum limitations set forth in Section 3.1(b) and Section 4.1.  Any balance not carried forward to the next Offering Period in accordance with the
        prior sentence shall promptly be refunded as soon as administratively practicable to the applicable Participant.

    

    

    (b)            As
        soon as practicable following each Exercise Date, the number of shares of Common Stock purchased by such Participant pursuant to Section 4.3(a) hereof shall be delivered (either in share certificate or book entry form), in the Company’s sole
        discretion, to either (i) the Participant or (ii) an account established in the Participant’s name at a stock brokerage or other financial services firm designated by the Company. The Company may require that shares be retained with such brokerage
        or firm for a designated period of time and/or may establish procedures to permit tracking of disqualifying dispositions of such shares.

    

    

    4.4.           Automatic Termination of Offering Period. To the extent applicable in the event of an Offering Period that includes multiple Purchase Periods, if the Fair Market Value of
        a share of Common Stock on any Exercise Date (except the final scheduled Exercise Date of any Offering Period) is lower than the Fair Market Value of a share of Common Stock on the Grant Date for an Offering Period, then such Offering Period shall
        terminate on such Exercise Date after the automatic exercise of the Option in accordance with Section 4.3 hereof, and each Participant shall automatically be enrolled in the Offering Period that commences immediately following such Exercise Date
        and such Participant’s Participation Election shall remain in effect for such Offering Period.

    

    

    
      9

      
        

    

    4.5.           Transferability of Rights. An Option granted under the Plan shall not be transferable, other than by will or the applicable laws of descent and distribution, and is
        exercisable during the Participant’s lifetime only by the Participant. No option or interest or right to the Option shall be available to pay off any debts, contracts or engagements of the Participant or the Participant’s successors in interest or
        shall be subject to disposition by pledge, encumbrance, assignment or any other means whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings
        (including bankruptcy), and any attempt at disposition of the Option shall have no effect.

    

    

    ARTICLE 5

    PROVISIONS RELATING TO COMMON STOCK

    

    

    5.1.           Common Stock Reserved. Subject to adjustment as provided in Section 5.2 hereof, the maximum number of shares of Common Stock that shall be made available for sale under
        the Plan shall be the sum of (a) 2,103,427 shares and (b) an annual increase on the first day of each year beginning on January 1, 2022 and annually thereafter ending in 2031 equal to the lesser of (i) 1% of the aggregate number of shares of the
        Company’s common stock outstanding (on an as converted basis) on the last day of the immediately preceding fiscal year and (ii) such number of shares as may be determined by the Board; provided, however, no more than 12,900,000 shares may be issued under the Plan. Shares made available for sale under the Plan may be authorized but unissued shares, treasury shares of Common
        Stock, or reacquired shares reserved for issuance under the Plan.

    

    

    5.2.            Adjustments Upon Changes in Capitalization, Dissolution, Liquidation, Merger or Asset Sale.

    

    

    (a)            Changes in Capitalization. Subject to any required action by the stockholders of the Company, the number of shares of Common Stock which have been authorized for issuance
        under the Plan but not yet placed under Option, as well as the price per share and the number of shares of Common Stock covered by each Option under the Plan which has not yet been exercised shall be proportionately adjusted for any increase or
        decrease in the number of issued shares of Common Stock resulting from a stock split, reverse stock split, stock dividend, combination or reclassification of the Common Stock, or any other increase or decrease in the number of shares of Common
        Stock effected without receipt of consideration by the Company; provided, however, that conversion of any convertible securities of the Company shall not be deemed to have been “effected without receipt of consideration.” Such adjustment shall be made by the Administrator, whose
        determination in that respect shall be final, binding and conclusive. Except as expressly provided herein, no issuance by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no
        adjustment by reason thereof shall be made with respect to, the number or price of shares of Common Stock subject to an Option.

    

    

    
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    (b)            Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Offering Periods then in progress shall be shortened by setting a
        new Exercise Date (the “New Exercise Date”), and shall terminate immediately prior to the consummation of such proposed dissolution or
        liquidation, unless provided otherwise by the Administrator. The New Exercise Date shall be before the date of the Company’s proposed dissolution or liquidation. The Administrator shall notify each Participant in writing, at least ten business days
        prior to the New Exercise Date, that the Exercise Date for the Participant’s Option has been changed to the New Exercise Date and that the Participant’s Option shall be exercised automatically on the New Exercise Date, unless prior to such date the
        Participant has withdrawn from the Offering Period as provided in Section 6.1 hereof or the Participant has ceased to be an Eligible Employee as provided in Section 6.2 hereof.

    

    

    (c)            Merger or Asset Sale. In the event of a proposed sale of all or substantially all of the assets of the Company, or the merger of the Company with or into another
        corporation, each outstanding Option shall be assumed or an equivalent Option substituted by the successor corporation or a parent or subsidiary of the successor corporation. If the successor corporation refuses to assume or substitute for the
        Option, any Offering Periods then in progress shall be shortened by setting a New Exercise Date and any Offering Periods then in progress shall end on the New Exercise Date. The New Exercise Date shall be before the date of the Company’s proposed
        sale or merger. The Administrator shall notify each Participant in writing, at least ten business days prior to the New Exercise Date, that the Exercise Date for the Participant’s Option has been changed to the New Exercise Date and that the
        Participant’s Option shall be exercised automatically on the New Exercise Date, unless prior to such date the Participant has withdrawn from the Offering Period as provided in Section 6.1 hereof or the Participant has ceased to be an Eligible
        Employee as provided in Section 6.2 hereof.

    

    

    5.3.          Insufficient Shares. If the Administrator determines that, on a given Exercise Date, the number of shares of Common Stock with respect to which Options are to be
        exercised may exceed the number of shares of Common Stock remaining available for sale under the Plan on such Exercise Date, the Administrator shall make a pro rata allocation of the shares of Common Stock available for issuance on such Exercise
        Date in as uniform a manner as shall be practicable and as it shall determine in its sole discretion to be equitable among all Participants exercising Options to purchase Common Stock on such Exercise Date, and unless additional shares are
        authorized for issuance under the Plan, no further Offering Periods shall take place and the Plan shall terminate pursuant to Section 7.5 hereof. If an Offering Period is so terminated, then the balance of the amount credited to the Participant’s
        Plan Account which has not been applied to the purchase of shares of Common Stock shall be paid to such Participant in one lump sum in cash within 30 days after such Exercise Date, without any interest thereon (except as may be required by
        applicable local laws).

    

    

    5.4.            Rights as Stockholders. With respect to shares of Common Stock subject to an Option, a Participant shall not be deemed to be a stockholder of the Company and shall not
        have any of the rights or privileges of a stockholder. A Participant shall have the rights and privileges of a stockholder of the Company when, but not until, shares of Common Stock have been deposited in the designated brokerage account following
        exercise of the Participant’s Option.

    

    

    
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    ARTICLE 6

    TERMINATION OF PARTICIPATION

    

    

    6.1.           Cessation of Contributions; Voluntary Withdrawal.

    

    

    (a)             A
        Participant may cease payroll deductions during an Offering Period and elect to withdraw from the Plan by delivering written notice of such election to the Company or an Agent designated by the Company in such form and at such time prior to the
        Exercise Date for such Offering Period as may be established by the Administrator (a “Withdrawal Election”). In the event a
        Participant elects to withdraw from the Plan, amounts then credited to such Participant’s Plan Account shall be returned to the Participant in one lump-sum payment in cash within 30 days after such election is received by the Company, without any
        interest thereon (except as may be required by applicable local laws), and the Participant shall cease to participate in the Plan and the Participant’s Option for such Offering Period shall terminate upon receipt of the Withdrawal Election.

    

    

    (b)            A
        Participant’s withdrawal from the Plan shall not have any effect upon the Participant’s eligibility to participate in any similar plan which may hereafter be adopted by the Company or in succeeding Offering Periods which commence after the
        termination of the Offering Period from which the Participant withdraws.

    

    

    (c)             A
        Participant who ceases contributions to the Plan during any Offering Period shall not be permitted to resume contributions to the Plan during that Offering Period.

    

    

    6.2.           Termination of Eligibility. Upon a Participant’s ceasing to be an Eligible Employee, for any reason, such Participant’s Option for the applicable Offering Period shall
        automatically terminate, the Participant shall be deemed to have elected to withdraw from the Plan, and any balance on such Participant’s Plan Account shall be paid to such Participant or, in the case of the Participant’s death, to the person or
        persons entitled thereto pursuant to applicable law, within 30 days after such cessation of being an Eligible Employee, without any interest thereon (except as may be required by applicable local laws). If a Participant transfers employment from
        the Company or any Designated Company participating in the Section 423 Component to any Designated Company participating in the Non-Section 423 Component, such transfer shall not be treated as a termination of employment, but the Participant shall
        immediately cease to participate in the Section 423 Component; however, any contributions made for the Offering Period in which such transfer occurs shall be transferred to the Non-Section 423 Component, and such Participant shall immediately join
        the then-current Offering under the Non-Section 423 Component upon the same terms and conditions in effect for the Participant’s participation in the Section 423 Component, except for such modifications otherwise applicable for Participants in such
        Offering. A Participant who transfers employment from any Designated Company participating in the Non-Section 423 Component to the Company or any Designated Company participating in the Section 423 Component shall not be treated as terminating the
        Participant’s employment and shall remain a Participant in the Non-Section 423 Component until the earlier of (i) the end of the current Offering Period under the Non-Section 423 Component, or (ii) the Enrollment Date of the first Offering Period
        in which the Participant is eligible to participate following such transfer. Notwithstanding the foregoing, the Administrator may establish different rules to govern transfers of employment between companies participating in the Section 423
        Component and the Non-Section 423 Component, consistent with the applicable requirements of Section 423 of the Code.

    

    

    
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    ARTICLE 7

    GENERAL PROVISIONS

    

    

    7.1.            Administration.

    

    

    (a)         The Plan
        shall be administered by the Committee, which shall be composed of members of the Board. The Committee may delegate administrative tasks under the Plan to the services of an Agent or Employees to assist in the administration of the Plan, including
        without limitation, determining the Designated Companies participating in the Plan, establishing and maintaining an individual securities account under the Plan for each Participant, determining enrollment and withdrawal deadlines and determining
        exchange rates. In its absolute discretion, the Board may at any time and from time to time exercise any and all rights and duties of the Administrator under the Plan.

    

    

    (b)            It
        shall be the duty of the Administrator to conduct the general administration of the Plan in accordance with the provisions of the Plan. The Administrator shall have the power, subject to, and within the limitations of, the express provisions of the
        Plan:

    

    

    
      (i)            To establish and terminate Offerings;

    

    

    

    (ii)         To
        determine when and how Options shall be granted and the provisions and terms of each Offering (which need not be identical);

    

    

    (iii)          To
        select Designated Companies in accordance with Section 7.2 hereof; and

    

    

    (iv)        To
        construe and interpret the Plan, the terms of any Offering and the terms of the Options and to adopt such rules for the administration, interpretation, and application of the Plan as are consistent therewith and to interpret, amend or revoke any
        such rules. The Administrator, in the exercise of this power, may correct any defect, omission or inconsistency in the Plan, any Offering or any Option, in a manner and to the extent it shall deem necessary or expedient to administer the Plan,
        subject to Section 423 of the Code for the Section 423 Component.

    

    

    (c)         The
        Administrator may adopt rules or procedures relating to the operation and administration of the Plan to accommodate the specific requirements of local laws and procedures. Without limiting the generality of the foregoing, the Administrator is
        specifically authorized to adopt rules and procedures regarding handling of participation elections, payroll deductions, payment of interest, conversion of local currency, payroll tax, withholding procedures and handling of stock certificates which
        vary with local requirements.

    

    

    (d)           The
        Administrator may adopt sub-plans applicable to particular Designated Companies or locations, which sub-plans may be designed to be outside the scope of Section 423 of the Code. The rules of such sub-plans may take precedence over other provisions
        of this Plan, with the exception of Section 5.1 hereof, but unless otherwise superseded by the terms of such sub-plan, the provisions of this Plan shall govern the operation of such sub-plan.

    

    

    
      13

      
        

    

    (e)             All
        expenses and liabilities incurred by the Administrator in connection with the administration of the Plan shall be borne by the Company. The Administrator may employ attorneys, consultants, accountants, appraisers, brokers or other persons. The
        Administrator, the Company and its officers and directors shall be entitled to rely upon the advice, opinions or valuations of any such persons. All actions taken and all interpretations and determinations made by the Administrator in good faith
        shall be final and binding upon all Participants, the Company and all other interested persons. No member of the Board or Administrator shall be personally liable for any action, determination or interpretation made in good faith with respect to
        the Plan or the Options, and all members of the Board or Administrator shall be fully protected by the Company in respect to any such action, determination, or interpretation.

    

    

    7.2.        Designation of Affiliates and Subsidiaries. The Administrator shall designate from time to time the Affiliates and Subsidiaries that shall constitute Designated
        Companies, and determine whether such Designated Companies shall participate in the Section 423 Component or Non-Section 423 Component; provided, however,
        that an Affiliate that does not also qualify as a Subsidiary may be designated only as participating in the Non-Section 423 Component. The Administrator may designate an Affiliate or Subsidiary, or terminate the designation of an Affiliate or
        Subsidiary, without the approval of the stockholders of the Company.

    

    

    7.3.           Reports. Individual accounts shall be maintained for each Participant in the Plan. Statements of Plan Accounts shall be given to Participants at least annually, which
        statements shall set forth the amounts of payroll deductions, the Option Price, the number of shares purchased and the remaining cash balance, if any.

    

    

    7.4.          No Right to Employment. Nothing in the Plan shall be construed to give any person (including any Participant) the right to remain in the employ of the Company, a Parent
        or a Subsidiary or to affect the right of the Company, any Parent or any Subsidiary to terminate the employment of any person (including any Participant) at any time, with or without cause, which right is expressly reserved.

    

    

    7.5.            Amendment and Termination of the Plan.

    

    

    (a)           The
        Board may, in its sole discretion, amend, suspend or terminate the Plan at any time and from time to time. To the extent necessary to comply with Section 423 of the Code (or any successor rule or provision), with respect to the Section 423
        Component, or any other applicable law, regulation or stock exchange rule, the Company shall obtain stockholder approval of any such amendment to the Plan in such a manner and to such a degree as required by Section 423 of the Code or such other
        law, regulation or rule.

    

    

    (b)          If the
        Administrator determines that the ongoing operation of the Plan may result in unfavorable financial accounting consequences, the Administrator may in its discretion modify or amend the Plan to reduce or eliminate such accounting consequence
        including, but not limited to:

    

    

    
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    (i)       altering
        the Option Price for any Offering Period including an Offering Period underway at the time of the change in Option Price;

    

    

    (ii)     shortening
        any Offering Period so that the Offering Period ends on a new Exercise Date, including an Offering Period underway at the time of the Administrator action; and

    

    

    (iii)     allocating
        shares of Common Stock.

     

      

    Such modifications or amendments shall not require stockholder approval or the consent of any Participant.

     

    

    (c)           Upon
        termination of the Plan, the balance in each Participant’s Plan Account shall be refunded as soon as practicable after such termination, without any interest thereon (except as may be required by applicable local laws).

    

    

    7.6.           Use of Funds; No Interest Paid. All funds received by the Company by reason of purchase of shares of Common Stock under the Plan shall be included in the general funds of
        the Company free of any trust or other restriction and may be used for any corporate purpose (except as may be required by applicable local laws). No interest shall be paid to any Participant or credited under the Plan (except as may be required by
        applicable local laws).

    

    

    7.7.           Term; Approval by Stockholders. No Option may be granted during any period of suspension of the Plan or after termination of the Plan. The Plan shall be submitted for the
        approval of the Company’s stockholders within 12 months after the date of the Board’s initial adoption of the Plan. Options may be granted prior to such stockholder approval; provided, however, that such Options shall not be exercisable prior to the time when the Plan is approved by the
        stockholders; provided, further that if such approval
        has not been obtained by the end of the 12-month period, all Options previously granted under the Plan shall thereupon terminate and be canceled and become null and void without being exercised.

    

    

    7.8.          Effect Upon Other Plans. The adoption of the Plan shall not affect any other compensation or incentive plans in effect for the Company, any Parent or any Subsidiary.
        Nothing in the Plan shall be construed to limit the right of the Company, any Parent or any Subsidiary (a) to establish any other forms of incentives or compensation for employees of the Company or any Parent or any Subsidiary, or (b) to grant or
        assume Options otherwise than under the Plan in connection with any proper corporate purpose, including, but not by way of limitation, the grant or assumption of options in connection with the acquisition, by purchase, lease, merger, consolidation
        or otherwise, of the business, stock or assets of any corporation, firm or association.

    

    

    7.9.          Conformity to Securities Laws. Notwithstanding any other provision of the Plan, the Plan and the participation in the Plan by any individual who is then subject to
        Section 16 of the Exchange Act shall be subject to any additional limitations set forth in any applicable exemption rule under Section 16 of the Exchange Act (including any amendment to Rule 16b-3 of the Exchange Act) that are requirements for the
        application of such exemptive rule. To the extent permitted by applicable law, the Plan shall be deemed amended to the extent necessary to conform to such applicable exemptive rule.

    

    

    
      15

      
        

    

    7.10.         Notice of Disposition of Shares. Each Participant shall give the Company prompt notice of any disposition or other transfer of any shares of Common Stock, acquired
        pursuant to the exercise of an Option granted under the Section 423 Component, if such disposition or transfer is made (a) within two years after the applicable Grant Date or (b) within one year after the transfer of such shares of Common Stock to
        such Participant upon exercise of such Option. The Company may direct that any certificates evidencing shares acquired pursuant to the Plan refer to such requirement.

    

    

    7.11.          Tax Withholding. At the time of any taxable event that creates a withholding obligation for the Company or any Parent, Affiliate or Subsidiary, the Participant will make
        adequate provision for any Tax-Related Items. In their sole discretion, and except as otherwise determined by the Administrator, the Company or the Designated Company that employs or employed the Participant may satisfy their obligations to
        withhold Tax-Related Items by (a) withholding from the Participant’s wages or other compensation, (b) withholding a sufficient whole number of shares of Common Stock otherwise issuable following exercise of the Option having an aggregate value
        sufficient to pay the Tax-Related Items required to be withheld with respect to the Option and/or shares, or (c) withholding from proceeds from the sale of shares of Common Stock issued upon exercise of the Option, either through a voluntary sale
        or a mandatory sale arranged by the Company.

    

    

    7.12.         Governing Law. The Plan and all rights and obligations thereunder shall be construed and enforced in accordance with the laws of the State of Delaware, without regard to
        the conflict of law rules thereof or of any other jurisdiction.

    

    

    7.13.         Notices. All notices or other communications by a Participant to the Company under or in connection with the Plan shall be deemed to have been duly given when received in
        the form specified by the Company at the location, or by the person, designated by the Company for the receipt thereof.

    

    

    7.14.          Conditions to Issuance of Shares.

    

    

    (a)            Notwithstanding
        anything herein to the contrary, the Company shall not be required to issue or deliver any certificates or make any book entries evidencing shares of Common Stock pursuant to the exercise of an Option by a Participant, unless and until the
        Administrator has determined, with advice of counsel, that the issuance of such shares of Common Stock is in compliance with all applicable laws, regulations of governmental authorities and, if applicable, the requirements of any securities
        exchange or automated quotation system on which the shares of Common Stock are listed or traded, and the shares of Common Stock are covered by an effective registration statement or applicable exemption from registration. In addition to the terms
        and conditions provided herein, the Administrator may require that a Participant make such reasonable covenants, agreements, and representations as the Administrator, in its discretion, deems advisable in order to comply with any such laws,
        regulations, or requirements.

    

    

    
      16

      
        

    

    (b)           All
        certificates for shares of Common Stock delivered pursuant to the Plan and all shares of Common Stock issued pursuant to book entry procedures are subject to any stop-transfer orders and other restrictions as the Administrator deems necessary or
        advisable to comply with U.S. and non-U.S. federal, state or local securities or other laws, rules and regulations and the rules of any securities exchange or automated quotation system on which the shares of Common Stock are listed, quoted, or
        traded. The Administrator may place legends on any certificate or book entry evidencing shares of Common Stock to reference restrictions applicable to the shares of Common Stock.

    

    

    (c)             The
        Administrator shall have the right to require any Participant to comply with any timing or other restrictions with respect to the settlement, distribution or exercise of any Option, including a window-period limitation, as may be imposed in the
        sole discretion of the Administrator.

    

    

    (d)            Notwithstanding
        any other provision of the Plan, unless otherwise determined by the Administrator or required by any applicable law, rule or regulation, the Company may, in lieu of delivering to any Participant certificates evidencing shares of Common Stock issued
        in connection with any Option, record the issuance of shares of Common Stock in the books of the Company (or, as applicable, its transfer agent or stock plan administrator).

     

      

    If, pursuant to this Section 7.14, the Administrator determines that shares of Common Stock will not be issued to any Participant, the Company is
      relieved from liability to any Participant except to refund to the Participant such Participant’s Plan Account balance, without interest thereon (except as may be required by applicable local laws).

     

    

    7.15.        Equal Rights and Privileges. All Eligible Employees granted Options pursuant to an Offering under the Section 423 Component shall have equal rights and privileges under
        this Plan to the extent required under Section 423 of the Code so that the Section 423 Component qualifies as an “employee stock purchase plan” within the meaning of Section 423 of the Code. Any provision of the Section 423 Component that is
        inconsistent with Section 423 of the Code shall, without further act or amendment by the Company or the Board, be reformed to comply with the equal rights and privileges requirement of Section 423 of the Code. Eligible Employees participating in
        the Non-Section 423 Component need not have the same rights and privileges as each other, or as Eligible Employees participating in the Section 423 Component.

    

    

    7.16.        Rules Particular to Specific Countries. Notwithstanding anything herein to the contrary, the terms and conditions of the Plan with respect to Participants who are tax
        residents of a particular non-U.S. country or who are non-U.S. nationals or employed in non-U.S. jurisdictions may be subject to an addendum to the Plan in the form of an appendix or sub-plan (which appendix or sub-plan may be designed to govern
        Offerings under the Section 423 Component or the Non-Section 423 Component, as determined by the Administrator). To the extent that the terms and conditions set forth in an appendix or sub-plan conflict with any provisions of the Plan, the
        provisions of the appendix or sub-plan shall govern. The adoption of any such appendix or sub-plan shall be pursuant to Section 7.1 above. Without limiting the foregoing, the Administrator is specifically authorized to adopt rules and procedures,
        with respect to Participants who are non-U.S. nationals or employed in non-U.S. jurisdictions, regarding the exclusion of particular Affiliates or Subsidiaries from participation in the Plan, eligibility to participate, the definition of
        Compensation, handling of payroll deductions or other contributions by Participants, payment of interest, conversion of local currency, data privacy security, payroll tax, withholding procedures, establishment of bank or trust accounts to hold
        payroll deductions or contributions.

    

    

    
      17

      
        

    

    7.17.        Section 409A. The Section 423 Component of the Plan and the Options granted pursuant to Offerings thereunder are intended to be exempt from the application of Section
        409A. Neither the Non-Section 423 Component nor any Option granted pursuant to an Offering thereunder is intended to constitute or provide for “nonqualified deferred compensation” within the meaning of Section 409A. Notwithstanding any provision of
        the Plan to the contrary, if the Administrator determines that any Option granted under the Plan may be or become subject to Section 409A or that any provision of the Plan may cause an Option granted under the Plan to be or become subject to
        Section 409A, the Administrator may adopt such amendments to the Plan and/or adopt other policies and procedures (including amendments, policies and procedures with retroactive effect), or take any other actions as the Administrator determines are
        necessary or appropriate to avoid the imposition of taxes under Section 409A, either through compliance with the requirements of Section 409A or with an available exemption therefrom.

    

    

    *    *    *    *    *

     

    

     

    

     18

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