Document:

EX-10.13

 Exhibit 10.13 

 
 

 
 AMENDED AND RESTATED PLAIN
ENGLISH GROWTH CAPITAL LOAN AND SECURITY AGREEMENT 

This is an AMENDED AND RESTATED PLAIN ENGLISH GROWTH CAPITAL LOAN AND SECURITY AGREEMENT dated as of March 11, 2020 by and between (i) (A)
FORGEROCK, INC., a Delaware corporation, (B) FORGEROCK US, INC., a Delaware corporation and (C) FORGEROCK LIMITED, a company incorporated and registered under the laws of England and Wales with number 7227664, as borrowers, and any other
Person that executes a Joinder Agreement to become a borrower under this Agreement, and (ii) (A) TRIPLEPOINT VENTURE GROWTH BDC CORP., a Maryland corporation, in its capacity as a lender (in such capacity “TPVG”) and in its
capacity as Collateral Agent pursuant to the Collateral Agency Agreement (as defined herein) (in such capacity, “Collateral Agent”) and (B) TRIPLEPOINT CAPITAL LLC, a Delaware limited liability company, in its capacity as a
lender (in such capacity, “TPC”; TPVG and TPC, in their respective capacities as lenders, each a “Lender” and collectively “Lenders”). 

The words “We”, “Us”, and “Our” refer to Lenders and Collateral Agent, collectively. Unless otherwise specified, the words
“You” and “Your” refer to each of and all of FORGEROCK, INC., FORGEROCK US, INC., FORGEROCK LIMITED and any other Person that executes a Joinder Agreement to become a borrower under this Agreement, and, not to any individual, and
FORGEROCK, INC., FORGEROCK US, INC., FORGEROCK LIMITED and any other Person that executes a Joinder Agreement to become a borrower under this Agreement, shall be jointly and severally liable for any and all of Your agreements and obligations under
this Agreement. The words “the Parties” refers to each of and all of Lenders, Collateral Agent, FORGEROCK, INC., FORGEROCK US, INC., FORGEROCK LIMITED and any other Person that executes a Joinder Agreement to become a borrower under this
Agreement. This Amended and Restated Plain English Growth Capital Loan and Security Agreement, as amended, restated, supplemented, or otherwise modified from time to time, may be referred to as the “Agreement”. 

Reference is made to that certain Plain English Growth Capital Loan and Security Agreement between TPVG and You dated as of March 30, 2016 (the
“Existing Loan Agreement”). TPVG and You desire to amend and restate the Existing Loan Agreement, including adding TPC as a Lender, as provided herein. 

The Parties agree to the following mutual agreements and conditions listed below, and the Existing Loan Agreement is hereby amended and restated in its
entirety as provided herein: 
  

	
	GROWTH CAPITAL LOAN FACILITY INFORMATION
	 

 Facility Number 

Part 1: [***] 
 Part 2: [***] 

Part 3: [***] 
 Part 4: [***] 

Part 5: [***] 
 Part 6: [***] 

  
 1 

 Commitment Amount 

Part 1: $10,000,000, available on the Original Closing Date allocated between Lenders as follows: 

 

					
	 TPVG Commitment Amount
	  	$	10,000,000	 
	 TPC Commitment Amount
	  	$	0.00	 

 Part 2: $5,000,000 upon completion of Part 2 Milestone on or before September 30, 2016, allocated between
Lenders as follows. 
  

					
	 TPVG Commitment Amount
	  	$	5,000,000	 
	 TPC Commitment Amount
	  	$	0.00	 

 Part 3: $10,000,000, available on March 26, 2019, allocated between Lenders as follows: 

 

					
	 TPVG Commitment Amount
	  	$	10,000,000	 
	 TPC Commitment Amount
	  	$	0.00	 

 Part 4: $10,000,000, available on March 26, 2019, allocated between Lenders as follows: 

 

					
	 TPVG Commitment Amount
	  	$	10,000,000	 
	 TPC Commitment Amount
	  	$	0.00	 

 Part 5: $10,000,000 available on March 26, 2019, allocated between Lenders as follows: 

 

					
	 TPVG Commitment Amount
	  	$	10,000,000	 
	 TPC Commitment Amount
	  	$	0.00	 

 Part 6: $20,000,000 available on the Closing Date allocated between Lenders as follows: 

 

					
	 TPVG Commitment Amount
	  	$	0.00	 
	 TPC Commitment Amount
	  	$	20,000,000	 

  

	*	 Borrower acknowledges that the Availability Periods for each of the Part 1 Commitment Amount, Part 2 Commitment
Amount, Part 3 Commitment Amount, Part 4 Commitment Amount and Part 5 Commitment Amount have expired, were previously advanced and Lender is not obligated to make any additional Advances under such Parts. 

  
 2 

							
	 Minimum Advance Amount
  

Part 1: $10,000,000
  

Parts 2: $5,000,000
  

Parts, 3, 4, & 5:
  

$10,000,000
  

Part 6: $10,000,000 on or before March 31, 2020
	 	 Availability Period
  

Part 1: Original Closing Date.
  

Part 2: 6 months from completion of the Part 2 Milestone, provided that in no event shall such period end later than March 31, 2017.

 
 Part 3: March 26, 2019.

 
 Part 4: March 26, 2019 through September 30,
2019.
  
 Part 5: March 26, 2019 through
December 31, 2019.
  
 Part 6: Closing Date through
September 30, 2020, provided, however, a minimum of $10,000,000 to be Advanced on or before March 31, 2020.
  
	 	 Loan Term
  

Parts 1 & 2: 42 Months (Months 1-12 interest only, subject to adjustment as set forth in
Section 9)
  
 Part 3: 42 Months (Months 1-42 interest-only, with remaining principal due at the end of the Loan Term).
  

Part 4: 39 Months (Months 1-39 interest-only, with remaining principal due at the end of the Loan
Term).
  
 Part 5 and Part 6: 36 Months (Months 1-36 interest-only, with remaining principal due at the end of the Loan Term).
	 	 Interest Rate
  

Parts 1 & 2: Prime Rate plus 6.75% prior to November 1, 2017, thereafter Prime Rate plus 3.75%

 
 Part 3: Prime Rate plus 2.90%

 
 Part 4: Prime Rate plus 3.70%

 
 Part 5 and Part 6: Prime Rate plus 4.50%

 
 (Prime Rate as published in the Wall Street Journal,
however, in no event shall the Prime Rate be less than 5.5%)

  

					
	 Security Interest
  

First priority security interest in all Collateral; negative pledge on Intellectual Property.
	 	 End Of Term Payment
  

Parts 1 & 2: 8.5% of each Advance
  

Parts 3, 4, 5 & 6: 8.0% of each Advance
	 	 Facility Fee
  

Part 1: $75,000 due on the Original Closing Date, allocated 100% to TPVG.

 
 Part 2: $18,750 due upon completion of Part 2 Milestone;
0.375% of each Part 2 Advance, allocated 100% to TPVG.
  

Part 3: $100,000 due on March 26, 2019, allocated 100% to TPVG.

 
 Part 4: $100,000 due on March 26, 2019, allocated 100%
to TPVG.
  
 Part 5: $100,000 due on March 26, 2019,
allocated 100% to TPVG.
  
 Part 6: $200,000, due on the
Closing Date, allocated $0.00 to TPVG and $200,000 to TPC
  

* The Parties acknowledge the Part 1, Part 2, Part 3, Part 4 and Part 5 Facility Fees were previously paid.

  
 3 

					
	OUR CONTACT INFORMATION
			
	 Name
  

TPVG and Collateral Agent: TriplePoint
Venture Growth BDC Corp.

TPC: TriplePoint Capital LLC
	  	 Address For Notices
  

2755 Sand Hill Rd., Ste. 150
 Menlo
Park, CA 94025
 Tel: [***]
 Fax:
[***]
	  	 Contact Person
  

Sajal Srivastava, President
 Tel:
[***]
 Fax: [***]
 email:
[***]

	
	YOUR CONTACT INFORMATION
			
	 Customer Name
  

ForgeRock, Inc.
 ForgeRock US,
Inc.
 ForgeRock Limited
	  	 Address For Notices
  

201 Mission Street, Ste. 2900
 San
Francisco, CA 94105
	  	 Contact Person
  

John Fernandez, CFO
 Tel: [***]

email: [***]

 Capitalized terms
defined in the Table of Terms shall have the meanings given to those terms in such table, and other capitalized terms not otherwise defined in the body of this Agreement are defined in Section 21. Any accounting term not specifically defined
herein shall be construed in accordance with GAAP, and all calculations shall be made in accordance with GAAP. The term “financial statements” shall include the accompanying notes and schedules. 

For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different
jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the
subsequent Person, and (b) if any new Person comes into existence, such new Person should be deemed to have been organized on the first date of its existence by the holders of its equity interests at such time. 

 
  

	1.	 WHAT THE PARTIES AGREE TO FINANCE; DESIGNATION OF LEAD BORROWER 

 
 Provided that the conditions in Sections 4 and 5 and
elsewhere in this Agreement are met, each Lender (severally and not jointly or jointly and severally) will lend to You the Parts of the Commitment Amount specified for such Lender as reflected in the Table of Terms (if any) and You agree to use such
proceeds to finance any of Your working capital and general corporate needs. Lenders will lend to You advances (each an “Advance”) in minimum amounts as set forth in the Table of Terms up to a maximum of the Commitment Amount for
each Part as provided in the Table of Terms; provided that each Lender’s funding obligation with respect to any Advance (x) shall be several and not joint or joint and several, (y) shall be in an amount equal to its Pro Rata Share
thereof, and (z) shall not exceed the then remaining unfunded amount of such Lender’s individual Commitment Amount for the applicable Part as provided in the Table of Terms. Each Lender’s obligation to fund Advances under each Part of
the Commitment Amount under this Agreement will end on the last day of the Availability Period noted in the Table of Terms for such Part. 
 FORGEROCK
US, INC., FORGEROCK LIMITED and any Person that executes a Joinder Agreement to become a borrower under this Agreement hereby designates FORGEROCK, INC. as its representative and agent on its behalf for the purposes
of giving and receiving all Advance Requests and all other notices and consents under this Agreement or under any of the other Loan Documents and taking all other actions (including in respect of compliance with covenants) on behalf of any Person
that executes a Joinder Agreement to become a borrower under this Agreement and the other Loan Documents. FORGEROCK, INC. hereby accepts such appointment. We may regard any notice or other communication pursuant to this Agreement or
any other Loan Document from FORGEROCK, INC. as a notice or communication from all of You, and may give any notice or communication required or permitted to be given to any of You hereunder to FORGEROCK,
INC. on behalf of each of You. Each of You agrees that each notice, election, representation and warranty, covenant, agreement and undertaking made on Your behalf by FORGEROCK, INC. shall be deemed for all purposes to have
been made by each of You and shall be binding upon and enforceable against each of You to the same extent as if the same had been made directly by each of You. 

  
 4 

  

	2.	 YOU WILL ENTER INTO MULTIPLE PROMISSORY NOTES 

 
 The Plain English Promissory Note in the form of
Exhibit A (the “Promissory Note”) is the document You will enter into in favor of each Lender each time an Advance is to be funded (it being understood that separate Promissory Notes will be issued to each Lender with respect
to each Advance). The Promissory Note will contain the specific financial terms of the Advance (e.g., amount funded, interest rate, maturity date, Advance Date, payment due dates etc.) and all of the terms and conditions of this Agreement are
incorporated in and made a part of each Promissory Note. There may be multiple Promissory Notes associated with this Agreement. 
  

 

	3.	 YOUR LOAN FACILITY COMMITMENT AMOUNT MAY BE DIVIDED INTO PARTS 

 
 The Commitment Amount and/or its corresponding parts
(if any) will be noted in the Table of Terms (“Parts”). For purposes of this Agreement, references to the Commitment Amount shall mean the Part or Parts which are available and in effect. Certain terms or conditions associated with
the availability of such Part are listed in the Table of Terms. As to any Part that is available “Upon Request and Additional Approval”, You are required to make a request to utilize that additional Part in writing to Lenders (the
“Commitment Increase Request Notice”), prior to Your submission of a corresponding Advance Request. After Lenders’ receipt of the Commitment Increase Request Notice, Lenders will review the information available to them and
conduct any legal and business due diligence deemed necessary by them in connection with their attempt to obtain their respective requisite credit approvals and such approval shall be in each Lender’s sole discretion. Each Lender’s
agreement to consider providing the additional Part is not, and is not to be construed as, a commitment, offer, or agreement to provide such additional Part. 

Part 2 Milestone: The availability of the Part 2 Commitment Amount is subject to evidence reasonably satisfactory to each Lender that You have
completed the Part 2 Milestone on or before September 30, 2016. 
  
  

	4.	 HOW WILL YOU REQUEST ADVANCES 

 
 In addition to the requirements of Section 5 set
forth below, You agree to follow the procedures listed below to have Lenders extend an Advance to You: 
  

	 	•	 	 You will submit to Us (by facsimile, mail or electronic mail) a completed Advance Request in the form attached
hereto as Exhibit B signed by Your Chief Executive Officer, President or Chief Financial Officer. The Advance Request shall be irrevocable. 

  

	 	•	 	 Such Advance Request must be submitted and received by Us no later than 5:00 p.m. PT five
(5) Business Days prior to the last day of the applicable Availability Period. Any Advance Request submitted after 5:00 p.m. PT shall be considered received the following Business Day. 

 

	 	•	 	 Each Advance Request will state a requested funding date that is at least ten (10) Business Days
after the date such Advance Request is submitted to Us. 

 After We check and approve the information You provide in the Advance Request,
We will prepare and provide to You Promissory Notes for each Lender and an amortization schedule (consistent with this agreement) for Your approval and signature. Upon receipt of the Promissory Notes signed by Your authorized officer and
confirmation by Us that all conditions to funding an Advance have been met, each Lender will then advance its Pro Rata Share of the requested funds to You. 

All the terms, conditions, and covenants of this Agreement shall apply to all Advances whether or not each Advance is evidenced by a Promissory Note. You
agree that We may rely on, and shall be fully protected in relying upon, any notice or Advance Request given by any person We reasonably believe to be Your authorized representative without the necessity of Our conducting an independent
investigation, including Your contact person listed in the Table of Terms. 

  
 5 

  

	5.	 CONDITIONS FOR US TO MAKE LOANS TO YOU 

 
 Each Lender’s obligation to fund any Advance that
You request under this Agreement is subject to satisfaction of each of the conditions set forth in Sections 4 and 18 and each of the following conditions: 
  

	 	•	 	 The representations and warranties in this Agreement and in the Warrant Agreement(s) shall be true and correct in
all material respects on and as of the date(s) Lenders fund each Advance with the same effect as though they were made on and as of such date, except to the extent such representations and warranties expressly relate to an earlier date, in which
case they shall be true and correct in all material respects as of such earlier date; provided, however, that such materiality qualifiers shall not be applicable to any representations and warranties that already are qualified or
modified by materiality in the text thereof. Each Advance Request will constitute Your representation and warranty on the relevant Advance Date as to the matters set forth in this paragraph. 

 

	 	•	 	 You shall be in compliance with all the terms and provisions set forth in this Agreement, each Promissory Note
and each other Loan Document, and at the time of and immediately after such Advance, no Default or Event of Default shall have occurred and be continuing. 

  

	 	•	 	 You shall provide Collateral Agent with all appropriate assignments, notices and control agreements that are
requested by us to perfect or maintain Collateral Agent’s first priority Lien (subject to Permitted Liens that are permitted to be senior in priority hereunder, if any) in all of the Collateral and as required pursuant to the terms of this
Agreement. 

  

	 	•	 	 You shall have paid to each Lender the entire amount of its respective portion of the Facility Fee then due and
payable to such Lender as indicated in the Table of Terms relating to the Part under which such Advance is funded. 

  

	 	•	 	 No event or circumstance shall exist or have occurred that has had or could reasonably be expected to have a
Material Adverse Effect. 

  

	 	•	 	 You shall have delivered to Us the applicable Warrant Agreement with respect to such Advance.

  

	 	•	 	 We shall have received all of the agreements, documents, instruments and other items set forth in the Schedule of
Documents attached hereto as Schedule 2, each in form and substance reasonably satisfactory to Us. 

  

	 	•	 	 We shall have received certificates of insurance evidencing Your compliance with Section 10 in form and
substance reasonably acceptable to Us. 

  
  

	6.	 YOU MAY PREPAY YOUR PROMISSORY NOTES 

 
 You may at any time prepay all Promissory Notes with
respect to any Advance in full (but not in part), without premium or penalty, by (a) giving five (5) Business Days prior written notice to Us, and (b) by paying: (i) the remaining outstanding principal amount and all accrued but
unpaid interest for such Promissory Note calculated as if the date of such prepayment occurred on the next scheduled monthly payment date per the respective Promissory Note, (ii) the End of Term Payment, (iii) all other outstanding Secured
Obligations, if any, that shall have become due and payable hereunder, including interest at the Default Rate with respect to any past due amounts as of the date of prepayment, and (iv) the Prepayment Fee for such Advance (the amounts payable
under the foregoing clauses (i), (ii), and (iv) to be paid to each Lender based on its respective Pro Rata Share, and the amounts payable under the foregoing clause (iii) to be paid to each of Us as Our respective interests appear). 

 
  

	7.	 THE MAXIMUM RATE OF INTEREST; DEFAULT RATE 

 
 Maximum Rate of Interest. It is not Our intent
to receive interest at a rate greater than the maximum rate permissible by law, which We shall call the “maximum rate”. If a court determines You have actually paid Us interest based on a rate that exceeds the maximum rate, then We shall
apply the excess as follows: first, to the payment of the outstanding principal amount of the Secured Obligations; second, after all principal is repaid, to the payment of Our accrued but unpaid interest and any other outstanding
principal, interest, fees, costs or other amounts due and owed by You to Us in respect of the Secured Obligations; and third, after all amounts due and owed by You to Us are repaid, the excess (if any) shall be refunded to You. 

Default Interest. In the event that You do not pay any unpaid interest when due, delinquent interest shall be added to principal and shall bear
interest on interest, compounded at the rate set forth in the Table of Terms. Upon and during the existence of an Event of Default, all principal, interest or other amounts owed by You to Us shall bear interest at a rate per annum equal to the rate
set forth in the Table of Terms plus five percent (5%) per annum (the “Default Rate”). 
  

  
 6 

 You expressly agree that: (A) the Default Rate and the late charges provided for in Section 9 are
reasonable and are the product of an arm’s length transaction between sophisticated business people, ably represented by counsel; (B) the Default Rate and late charges shall be payable notwithstanding the then prevailing market rates at
the time payment is made; (C) You have received specific consideration in exchange for Your potential future obligation to pay the Default Rate and late charges; (D) You shall be estopped hereafter from claiming differently than as agreed
to in this Section 7 and Section 9; (E) Your agreement to pay the Default Rate upon the occurrence of an Event of Default and to pay late charges upon a delinquent payment are material inducements to Lenders to loan money to You; and
(F) the Default Rate and the imposition of late charges represent a good faith, reasonable estimate and calculation of the lost profits or damages to, and increased risk of loss assumed by, Lenders upon an Event of Default or the late payment
and that it would be impractical and extremely difficult to ascertain the actual amount of damages to Lenders or profits lost by Lenders as a result of such event triggering payment of the Default Rate or late charges. 

 
  

	8.	 YOU GRANT US A SECURITY INTEREST 

 
 Each of You hereby grants to Collateral Agent, on
behalf of and for the benefit of Collateral Agent and Lenders (and hereby reaffirms, as more particularly set forth in Section 20, paragraph “Amendment and Restatement; Reaffirmation and Continuation of Liens,” the prior grant to TPVG
of), a first priority (subject only to those Permitted Liens that are allowed as first in priority as set forth herein), continuing security interest in and Lien upon all of Your right, title and interest in each of the following whether now owned
or hereinafter acquired and wherever located: 
  

	 	•	 	 All Receivables; 

  

	 	•	 	 All Equipment; 

  

	 	•	 	 All Fixtures; 

  

	 	•	 	 All General Intangibles; 

 

	 	•	 	 All Inventory; 

  

	 	•	 	 All Investment Property; 

 

	 	•	 	 All Deposit Accounts; 

  

	 	•	 	 All Cash; 

  

	 	•	 	 All commercial tort claims, if any, as listed on Exhibit C; 

 

	 	•	 	 All Goods and personal property, whether tangible or intangible and whether now or hereinafter owned or existing,
leased, consigned by or to or acquired and wherever located; and 

  

	 	•	 	 To the extent not otherwise included, all Proceeds of each of the foregoing and all accessions to, substitutions
and replacements for, rents, profits, and products of each of the foregoing. 

 All the above listed items will be collectively called the
“Collateral”. 
 Notwithstanding the above, Collateral excludes (i) any lease, license, contract or agreement to which You are a party, in
each case, if and only if, and solely to the extent that, the grant of a security interest therein is prohibited by applicable laws, rules or regulations or is prohibited by or shall constitute or result in a breach, termination or default or
invalidity thereunder or thereof (other than to the extent that any such term would be rendered ineffective with respect to the creation of the security interest hereunder pursuant to Sections 9-406, 9-407, 9-408 or 9-409 of the UCC of any relevant jurisdiction or any other applicable law or principals of equity); provided that
immediately upon the time at which the consequences described in the foregoing clause shall no longer exist, the Collateral shall include, and You shall be deemed to have granted a security interest in, all of Your right, title and interest in such
lease, license, contract or agreement, (ii) any equity securities in excess of 65% of the equity securities of any Foreign Subsidiary that is not a Material Foreign Subsidiary, and (iii) Intellectual Property currently held or hereafter
obtained, but includes Proceeds of Intellectual Property (including but not limited to all Receivables, rights to payment and General Intangibles arising from the sale, licensing or disposition of all or any part of, or rights in, the foregoing);
provided, however, other than non-exclusive licenses given in the ordinary course of Your business, in the event any of You transfer, sell, assign, grant a security interest in, hypothecate,
permit or suffer to exist any Lien, or otherwise transfer any interest in or encumber any portion of the Intellectual Property, either voluntarily or involuntarily, without Our prior written consent, the Collateral Agent’s security interest
shall include (and shall be deemed to have a Lien in such assets included from the Closing Date) all Intellectual Property. 

  
 7 

 ForgeRock Limited will grant Collateral Agent, on behalf of and for the benefit of Collateral Agent and
Lenders the security interest and Lien referred to above by ForgeRock Limited entering into the Debenture. 
 This Agreement is not intended to and does not
of itself create any security interest or Lien over all or any part of ForgeRock Limited’s Collateral. 
  

 

	9.	 HOW AND WHAT WILL YOU PAY US 

 
 Payments. The first payment date for each
Advance will be the first day of the month following the month in which the Advance was funded, unless that Advance is funded on the first day of that month, in which case the first payment date shall be the Advance Date. 

Each Advance shall be due in monthly installments consisting of either (a) that number of months of interest only as indicated in the Table of Terms
followed by the remaining monthly installment payments, as indicated in the Table of Terms, of principal and interest, (b) if no interest only payments are indicated in the Table of Terms for such Advance, that number of months as indicated in
the Table of Terms for such Advance of monthly installment payments of principal and interest, or (c) that number of months of interest only as indicated in the Table of Terms for such Advance followed by the outstanding principal amount of
such Advance due on the last day of the last month of the Loan Term for such Advance. All payments are payable on the first day of each month through the last payment date (unless that date falls on a day that is not a Business Day in which
event such payment shall be due on the previous Business Day). The outstanding balance of each Advance shall be due and payable in full in immediately available funds on the Maturity Date (as defined in the applicable Promissory Note for such
Advance), if not sooner paid in full. 
 Interest. The principal balance of each Promissory Note shall accrue interest at the percentage per year as
indicated in the Table of Terms, and shall be computed daily on the basis of a year consisting of 360 days for the actual number of days occurring in the period for which such interest is payable, and interest shall accrue in advance from the
Advance Date. In the event that the Prime Rate is changed from time to time during the term of this Agreement, the applicable rate of interest for the outstanding principal balance of the Advances shall be increased or decreased, effective as of the
day the Prime Rate is changed, by an amount equal to such change in the Prime Rate. 
 Interim Payment. In the event an Advance is made on any day
other than the first Business Day of the month, You shall make a payment to Us in accordance with Our Pro Rata Share on the Advance Date in an amount equal to the per diem interest for the time from the Advance Date through and including the last
day of the month in which the Advance is funded. 
 Maturity Date Extension. 

Fees. You shall pay to Lenders the following fees and expenses: 
  

	 	•	 	 Facility Fees. On or before the Original Closing Date or the Closing Date, as applicable, or upon
availability of additional Commitment Amounts, as the case may be, the respective Facility Fee as indicated in the Table of Terms. Facility Fees due on the Closing Date shall be deducted from the Advances made on the Closing Date.

  

	 	•	 	 End of Term Payment. Upon the earlier of (a) the expiration of the Loan Term, (b) the date of
the final payment of any Advance and (c) the acceleration of the Secured Obligations, the End of Term Payments as indicated in the Table of Terms. 

  

	 	•	 	 Audits and Inspections. Field audit charges in the amount of $800 per diem per auditor (or the then
prevailing rate charged by Us, whichever is greater) plus actual reasonable and documented out-of-pocket expenses, in connection with up to one field examination per
year (or more if an Event of Default has occurred and is continuing) conducted in accordance with this Agreement. In addition, all reasonable documented out-of-pocket
legal fees and expenses incurred in connection with Our annual legal review of this Agreement, the Loan Documents and Collateral. 

  

	 	•	 	 Prepayment Fee. An additional prepayment premium (“Prepayment Fee”) shall be payable as
follows: 

 With regard to any Advances under the Part 1 Commitment Amount or the Part 2 Commitment Amount:

 (a) If prepaid 1-12 months following the date in which such Promissory Note was given: 3% of the
outstanding balance owing under such Promissory Note; 

  
 8 

 (b) If prepaid 13-24 months following the date in
which such Promissory Note was given: 1% of the outstanding balance owing under such Promissory Note; and 
 (c) If prepaid after 24 months,
no Prepayment Fee shall be due. 
 With regard to any Advances under the Part 3 Commitment Amount, Part 4 Commitment Amount and Part 5
Commitment Amount: 
 (a) If prepaid on or before March 25, 2021 or in the event the Maturity Date Extension is in effect, on
or before March 25, 2022: 3.0% of the outstanding balance owing under such Promissory Note; and 
 (b) If prepaid (i) after
March 25, 2021, or (ii) in the event the Maturity Date Extension is in effect, after March 25, 2022, or (iii) in the event the Maturity Date Extension is in effect, but such prepayment is in connection with Your initial public
offering, no Prepayment Fee shall be due. 
 With regard to any Advances under the Part 6 Commitment Amount: 

(c) If prepaid on or before March 11, 2022 or in the event the Maturity Date Extension is in effect, on or before March 11, 2023:
3.0% of the outstanding balance owing under such Promissory Note; and 
 (d) If prepaid (i) after March 11, 2022, or (ii) in
the event the Maturity Date Extension is in effect, after March 11, 2023, or (iii) in the event the Maturity Date Extension is in effect, but such prepayment is in connection with Your initial public offering no Prepayment Fee shall be
due. 
 Pro Rata Payments. All payments on account of any Advance (whether of principal, interest, interim payment, fees or otherwise) shall be
payable to Lenders based on their respective Pro Rata Shares. 
 Any amounts that You repay on the Advances may not be
re-borrowed. 
 Optional Interest-Only Period. If on or prior to September 30, 2020 (i) You are current
on all payments due and payable in respect of all Secured Obligations, (ii) no Default or Event of Default has occurred and is continuing, and (iii) You have delivered to Us written notice (within 10 days of the first closing of the
Qualified Financing Round, as defined below) of Your receipt of gross cash proceeds of at least Seventy Five Million Dollars ($75,000,000) (with aggregate proceeds to exclude the amounts that the investors in such financing have committed to invest
but have not yet invested and any amounts received upon conversion or cancellation of indebtedness) from the sale and issuance of Your equity securities after the Closing Date, whether in a single or multiple closings in a related financing (the
“Qualified Financing Round”), then You may elect to extend the interest-only payments for any outstanding Advances an additional twelve (12) months and the Maturity Date for such Advances shall also be extended by
twelve (12) months (the “Maturity Date Extension”). You agree to execute amended and restated promissory notes to reflect any such Maturity Date Extension and extension of the interest only period. 

Miscellaneous. Payments are due electronically by automatic debit through Automated Clearing House (ACH) payment on or before the first day of each
month. You agree to fill out and execute the electronic funds transfer/automatic debit authorization form that We provide. If We do not receive any payments from You within two (2) Business Days after they are due, You will pay the applicable
Person a late charge on the overdue amount. The late charge will be equal to five percent (5%) of the amount due for each month not paid when due and until such time as payment is received. All payments shall be free and clear of any taxes,
withholdings, duties, impositions or other charges, to the end that each of Us will receive the entire amount of any Secured Obligations payable to Us under this Agreement, regardless of the source of payment. Any interest not paid when due shall
become a part of the Secured Obligations, and such interest shall then accrue interest at the rate then applicable under this Agreement and the applicable Promissory Note. 
  

 

	10.	 INSURANCE 

 
 So long as there are any Secured Obligations (other
than inchoate indemnification or reimbursement obligations or other obligations which, by their terms, survive termination of this Agreement) outstanding, You shall carry and maintain commercial general liability insurance, against risks customarily
insured against in Your line of business by companies of Your size in similar locations. All such insurance shall be in form, with companies, and in amounts reasonably acceptable to Us (it being acknowledged and agreed that the insurance maintained
by You as of the date hereof is acceptable to Us). Such risks shall include the risks of bodily injury, including death, property damage, personal injury, 

  
 9 

 
advertising injury, and contractual liability. You must maintain a minimum of One Million Dollars ($1,000,000) of commercial general liability insurance for each occurrence. So long as there are
any Secured Obligations (other than inchoate indemnification or reimbursement obligations or other obligations which, by their terms, survive termination of this Agreement) outstanding, You shall also carry and maintain insurance upon the
Collateral, insuring against all risks of physical loss or damage howsoever caused customarily covered by insurance, in an amount not less than the full replacement cost of the Collateral. 

You shall submit to Us certificates of insurance, which reflect Your compliance with Your insurance obligations in the above paragraph and the obligations
contained in this Section. Your insurance certificate shall state that We are an additional insured for commercial general liability, an additional insured and a lender loss payee for all risk property damage insurance. Attached to the certificates
of insurance will be additional insured endorsements for liability and lender’s loss payable endorsements for all risk property damage insurance and fidelity insurance. Notwithstanding the foregoing, (a) so long as no Event of Default has
occurred and is continuing, You shall have the option of applying the proceeds of any casualty policy up to Fifty Thousand Dollars ($50,000) with respect to any loss, but not exceeding One Hundred Thousand Dollars ($100,000) in the aggregate for all
losses under all casualty policies in any one year, toward the replacement or repair of destroyed or damaged property; provided that any such replaced or repaired property (i) shall be of equal or like value as the replaced or repaired
Collateral and (ii) shall be deemed Collateral in which We have been granted a first priority security interest (subject to Permitted Liens that are allowed as first in priority as set forth herein), and (b) after the occurrence and during
the continuance of an Event of Default, all proceeds payable under such casualty policy shall, at Our option, be payable to Us on account of the Secured Obligations. 

The certificates of insurance will state that the coverage evidenced is primary and non-contributory to any insurance
or Our self-insurance and will further state that a waiver of subrogation in favor of Us has been agreed to. All certificates of insurance will provide for a minimum of thirty (30) days advance written notice to Us of cancellation. Any failure
by Us to scrutinize such insurance certificates for compliance is not a waiver of any of Our rights, all of which are reserved. 
  

 
 11. REPRESENTATIONS AND WARRANTIES FROM YOU

  
 You represent and warrant that: 

 

	 	•	 	 Collateral Title. You own all right, title and interest in and to the Collateral, free of all Liens
whatsoever, except for Permitted Liens. 

  

	 	•	 	 Granting of Lien. You have the full power and authority to, and do grant and convey to Collateral Agent, a
Lien on the Collateral as security for the Secured Obligations, free of all Liens other than Permitted Liens and shall execute such notices, assignments, and control agreements, in connection herewith as We may reasonably request to perfect and
obtain the priority of Collateral Agent’s Lien on the Collateral. Except for Permitted Liens, the Collateral is not subject to any Liens. 

  

	 	•	 	 Due Organization. You are a corporation duly organized, legally existing and in good standing under the
laws of (i) the State of Delaware with corporate organization number 5097952 with regard to ForgeRock, Inc., (ii) the State of Delaware with corporate organization number 4814118 with regard to ForgeRock US, Inc. and (iii) ForgeRock
Limited under the laws of England and Wales with company registration number 7227664 and each are duly qualified as a foreign corporation in all jurisdictions in which the nature of Your business or location of Your properties require such
qualifications and where the failure to be qualified could reasonably be expected to result in a Material Adverse Effect. 

  

	 	•	 	 Authorization, Validity and Enforceability. Your execution, delivery and performance of the Promissory
Notes, this Agreement, all financing statements, all other Loan Documents, and all Excluded Agreements, (i) have been duly authorized by all necessary corporate action, and (ii) will not result in the creation or imposition of any Lien
upon the Collateral, other than the Liens created by this Agreement and the other related Loan Documents. The person or people executing this Agreement and other Loan Documents on Your behalf are duly authorized to do so, and the Loan Documents
executed by or on behalf of any of You and each term and provision thereof are Your legal, valid and binding obligations, enforceable against You in accordance with their respective terms, subject to applicable bankruptcy, insolvency, reorganization
or other similar laws generally affecting the enforcement of the rights of creditors and equitable principles (regardless of whether enforcement is sought in equity or at law). 

 

	 	•	 	 Litigation. There are no actions, suits or proceedings at law or in equity or by or before any
governmental authority now pending or, to the knowledge of any of You, threatened against or affecting any of You or any of the business, property or rights of any of You (i) which involve any Loan Document or Excluded Agreement or (ii) as
to which there is a reasonable likelihood of an adverse determination and which, if adversely determined, could, reasonably be expected to result in a Material Adverse Effect. 

 

  
 10 

	 	•	 	 Compliance with Applicable Laws. None of You are in violation of any law, rule or regulation or in default
with respect to any judgment, writ, injunction or decree of any governmental authority, where such violation or default could reasonably be expected to result in a Material Adverse Effect. 

 

	 	•	 	 Conflict. Neither Your execution, delivery or performance of this Agreement nor any other Loan Document
(a) violates any provisions of the articles or certificate of incorporation, or bylaws of any of You, or any law, regulation, order, injunction, judgment, decree or writ to which any of You are subject or (b) conflicts with or results in
the breach or termination of, constitutes a default under or accelerates or permits the acceleration of any performance required by, any material lease, agreement or other contract to which any of You are a party or by which any of You or any of
Your property is bound. 

  

	 	•	 	 Further Consent. The execution, delivery and performance of this Agreement and the other Loan Documents by
You do not require the consent or approval of any other Person, including any regulatory authority, or governmental body of the United States or any State or any political subdivision of the United States or any state, except as have already been
obtained. 

  

	 	•	 	 Material Adverse Effect. Since December 31, 2019, no event that has had or could reasonably be
expected to have a Material Adverse Effect has occurred and is continuing.  

  

	 	•	 	 Other Defaults. None of You is in default in any manner under any provision of any indenture or other
agreement or instrument evidencing Indebtedness, or any other material agreement or instrument to which any of You are a party or by which any of You or any of the properties or assets of any of You are or may be bound, in each case where such
default could reasonably be expected to have a Material Adverse Effect. 

  

	 	•	 	 Other Agreement. None of You is a party to any agreement or instrument or subject to any corporate
restriction that has resulted or could reasonably be expected to result in a Material Adverse Effect. 

  

	 	•	 	 Information Correct. No information, report, Advance Request, financial statement, exhibit or schedule
furnished by or on behalf of any of You to Us in connection with the negotiation of any Loan Document contains or will contain any material misstatement of fact, when taken together with all other information that is furnished, or omitted, omits or
will omit to state any material fact necessary to make the statements, in the light of circumstances under which they were, are or will be made, not misleading (it being recognized by Us that projections and estimates as to future events are not to
be viewed as facts and that the actual results during the period or periods covered by any such projections and estimates may differ materially from projected or estimated results). 

 

	 	•	 	 Filing of Taxes. You have filed all required federal, state and local tax returns (or filed appropriate
extensions for the filing of such returns) required to be filed by You, except to the extent such failure to file has not resulted in the creation of a Lien (other than Permitted Liens). Subject to Section 12, Paragraph “Taxes”, You
have fully paid or You have reserved for and are contesting in good faith all taxes or installments (including any interest or penalties) required to be paid by You. You have fully paid when due or reserved for and are contesting in good faith all
tax assessments that any of You have received for the 3 years preceding the Closing Date. 

  

	 	•	 	 ERISA Compliance. You have met the minimum funding requirements of ERISA with respect to any employee
benefit plans subject to ERISA. No event has occurred resulting from the failure by any of You to comply with ERISA that is reasonably likely to result in any of You incurring any liability that could reasonably be expected to have a Material
Adverse Effect. 

  

	 	•	 	 Hazardous Waste. None of the properties or assets of any of You has ever been used by any of You or, to
the knowledge of any of You, by previous owners or operators, in the disposal of, or to produce, store, handle, treat, release, or transport, any hazardous waste or hazardous substance other than in accordance with applicable law; to the knowledge
of any of You, none of the properties or assets of any of You has ever been designated or identified in any manner pursuant to any environmental protection statute as a hazardous waste or hazardous substance disposal site, or a candidate for closure
pursuant to any environmental protection statute; no Lien arising under any environmental protection statute has attached to any revenues or to any real or personal property owned by any of You; and none of You have received a summons, citation,
notice, or directive from the Environmental Protection Agency or any other federal, state or other governmental agency concerning any action or omission by any of You resulting in the releasing, or otherwise disposing of hazardous waste or hazardous
substances into the environment. You have at all times operated Your business in compliance in all material respects with all applicable provisions of federal, state and local statutes and ordinances dealing with the control, shipment, storage or
disposal of hazardous materials or substances. 

  
 11 

	 	•	 	 Operation of Business. You own, possess, have access to, or can become licensed on reasonable terms under
all patents, patent applications, trademarks, trade names, inventions, franchises, licenses, permits, computer software and copyrights necessary for the operation of Your business as now conducted, with no known infringement of, or conflict with,
the rights of others. You have taken reasonable measures to avoid liability from infringement by third parties using Your facilities, in particular that You have complied with the requirements of the Digital Millennium Copyright Act for notice and
takedown. You have at all times operated Your business in compliance in all material respects with all applicable provisions of the Federal Fair Labor Standards Act, as amended. 

 

	 	•	 	 Trading with the Enemy Act; OFAC; Patriot Act. Neither You nor any of Your Subsidiaries is an
“enemy” or an “ally of the enemy” within the meaning of Section 2 of the Trading with the Enemy Act or any enabling legislation or executive order relating thereto. Neither You nor any of Your Subsidiaries is in violation of
(a) the Trading with the Enemy Act, (b) any of the foreign assets control regulations of the United States Treasury Department (31 C.F.R., Subtitle B, Chapter V, as amended) or any enabling legislation or executive order relating thereto,
or (c) the Patriot Act. 

  

	 	•	 	 Investment Company Act. Neither You nor any of Your Subsidiaries are (a) an “investment
company” or is “controlled” by an “investment company”, as such terms are defined in, or subject to regulation under, the Investment Company Act of 1940, (b) otherwise subject to any other regulatory scheme limiting its
ability to incur debt or requiring any approval or consent from, or registration or filing with, any governmental authority in connection with Your or its incurrence of debt, (c) and is not a “person” related to Us as described in
Sections 57(b) or 57(e) of the Investment Company Act of 1940. 

  

	 	•	 	 Your Information. Your present name, former names (if any) used in the past 5 years, locations, and other
information are correctly and completely stated on the Certificate of Perfection attached as Exhibit C. 

  

	 	•	 	 Intellectual Property. The Certificate of Perfection attached as Exhibit C contains a true, correct
and complete list, as of the date specified therein, of each of Your registered and applied for Patents, Trademarks and Copyrights and Your material Licenses, together with application or registration numbers, as applicable. 

 

	 	•	 	 Accounts. The Certificate of Perfection attached as Exhibit C contains a true, correct and complete
list of (a) all banks and other financial institutions at which You maintain Deposit Accounts and (b) institutions at which You maintain accounts holding Investment Property owned by You, and such Certificate of Perfection correctly
identifies the name, address and telephone number of each bank or other institution, the name in which the account is held, a description of the purpose of the account, and the complete account number therefore. None of the account debtors or other
Persons obligated on any of the Collateral is a governmental authority covered by the Federal Assignment of Claims Act or like federal, state or local statute, rule, or law in respect of such Collateral. 

 
  

	12.	 YOUR COVENANTS TO US 

 
 So long as the Secured Obligations have not been Paid
in Full or We have any obligation to make Advances, Each of You covenants to the following: 
  

	 	•	 	 Legal Existence and Qualification. Each of You will maintain Your, and each of Your Subsidiaries’,
legal existence and good standing in Your and their respective jurisdictions of formation or organization, except with respect to Subsidiaries that are dissolved or merged in accordance with this Section 12, Paragraph “Mergers or
Acquisitions,” and maintain qualifications to do business in all jurisdictions in which the nature of Your business or location of Your properties require such qualifications and where the failure to be qualified could reasonably be expected to
have a Material Adverse Effect. 

  

	 	•	 	 Compliance with Laws. Each of You will, and will cause each of Your Subsidiaries to, comply with all laws
(including, without limitation, environmental laws) rules and regulations applicable to, and all orders and directives of any governmental or regulatory authority having jurisdiction over, You, Your Subsidiaries or Your business, and with all
material agreements to which You or any of Your Subsidiaries are a party, in each case, except where the failure to so comply could not reasonably be expected to have a Material Adverse Effect. None of You nor any of Your Subsidiaries shall become
an “investment company” or controlled by an “investment company,” within the meaning of the Investment Company Act of 1940, or become principally engaged in, or undertake as one of Your

  
 12 

	 	 
important activities, the business of extending credit for the purpose of purchasing or carrying margin stock, or use the proceeds of any loan for such purpose. None of You, nor any Your
Subsidiaries shall fail to meet the applicable minimum funding requirements of ERISA, in respect of any of Your plans subject to ERISA, permit a reportable event or prohibited transaction, as defined in ERISA, to occur, or fail to comply in all
material respects with the applicable provisions of the Federal Fair Labor Standards Act. 

  

	 	•	 	 Management Rights. Each of You will permit any of Our authorized representatives and Our attorneys and
accountants on reasonable prior written notice to inspect, examine and make copies and abstracts of Your books of account and records at reasonable times and during normal business hours (provided, however, that unless an Event of Default shall have
occurred and be continuing, We will not be entitled to more than one (1) such inspection per year). In addition, We and Our agents, attorneys and accountants will have the right to meet with the management and officers of any of You to discuss
such books of account and records. In addition, We will be entitled at reasonable times and intervals to consult with and advise the management and officers of any of You concerning significant business issues. Such consultations shall not
unreasonably interfere with Your business operations. The Parties intend that the rights granted here shall constitute “management rights” within the meaning of 29 C.F.R
Section 2510.3-101(d)(3)(ii), but that any advice, recommendations or participation with respect to any business issues will not be deemed to give Us, nor be deemed an exercise by Us or control over the
management or policies of any of You. Further, each Party represents and warrants that each Lender has offered to make available to each of You “significant managerial assistances” (as defined in Section 2(a)(47) of the Investment
Company Act of 1940) and, to the extent You accept such offer from any Lender, the scope, terms and conditions of such significant managerial assistance shall be set forth in a separate agreement between You, the applicable Lender and Our
administrator. 

  

	 	•	 	 Additional Documents and Assurances. Each of You will from time to time execute, deliver and file,
alone or with Us, any security agreements, or other documents to perfect or give first priority (subject only to those Permitted Liens that are allowed as first in priority as set forth herein) to Collateral Agent’s Lien on the Collateral. Each
of You will from time to time obtain any instruments or documents as We may request, and take all further action that may be reasonably necessary or desirable, or that We may reasonably request, to carry out the provisions and purposes of this
Agreement or any other Loan Document or to confirm, perfect, preserve and protect the Liens granted to Collateral Agent hereunder. In addition, each of You authorize Collateral Agent to file at any time financing statements, continuation statements,
and amendments thereto that (i) either specifically describe the Collateral or describe the Collateral as all of Your assets or words of similar effect, regardless of whether any particular asset comprised in the Collateral falls within the
scope of Article 9 of the UCC of such jurisdiction, and (ii) contain any other information required by the UCC or under the relevant jurisdiction for the sufficiency of filing office acceptance of any financing statement, continuation
statement, or amendment, including whether You are an organization, the type of organization and any organizational identification number (or equivalent information) issued to You, if applicable. Each of You hereby appoint Collateral Agent as its
lawful attorney-in-fact to sign Your name on any documents necessary to perfect or continue the perfection of any Lien regardless of whether an Event of Default has
occurred until all Secured Obligations have been Paid in Full. Our foregoing appointment as the attorney in fact for each of You, and all of Our rights and powers, coupled with an interest, are irrevocable until all Secured Obligations (other than
inchoate indemnity or reimbursement obligations or other obligations which, by their terms, survive termination of this Agreement) have been fully repaid and performed and Our obligation to provide Advances terminates. 

 

	 	•	 	 Protection of Collateral Agent’s Lien. Each of You will take or cause to be taken all actions
necessary to protect and defend Your title to the Collateral and Collateral Agent’s Lien on the Collateral. Each of You shall at all times keep the Collateral, and the assets and properties of each of Your Subsidiaries, free and clear from any
legal process or Liens whatsoever (except for Permitted Liens) and shall give Us prompt written notice of any legal process affecting the Collateral or the assets and properties of Your Subsidiaries, or any Liens on the Collateral or the assets and
properties of Your Subsidiaries (other than Permitted Liens). 

  

	 	•	 	 Maintenance of Properties. Each of You will maintain and protect Your properties, assets and facilities
(and those of Your Subsidiaries), including Your equipment and fixtures, in good working order, repair and condition (taking into consideration ordinary wear and tear and casualty damage) and from time to time make or cause to be made all necessary
and proper repairs, renewals and replacements and shall manage and care for Your property in accordance with prudent industry practices. 

  

	 	•	 	 Financial Statements. Each of You will provide monthly and yearly financial statements in accordance with
Section 18 of this Agreement, and such financial statements will include reports of any material contingencies (including commencement of any material litigation by or against You) or any other occurrence that could reasonably be expected to
have, individually or in the aggregate, a Material Adverse Effect.  

  

  
 13 

	 	•	 	 Audits and Inspections. Upon Our request and reasonable prior written notice, each of You will, at
reasonable times during normal business hours, make the Inventory, Equipment, other Collateral, and books and records concerning the Collateral (including software used in Your business) available to Us for inspection at the place where it is
located and shall make Your log and maintenance records pertaining to the Inventory and Equipment available to Us for inspection; provided, however, that unless an Event of Default shall have occurred and be continuing, We shall not conduct more
than one (1) such inspection per year. You will take all action necessary to correctly and completely maintain such books, records, logs, and maintenance records. 

 

	 	•	 	 Taxes. Each of You will pay when due all federal income taxes, all state taxes imposed by each of Your
states of organization and the state of Your principal place of business and all material taxes, fees or other charges of any nature whatsoever (together with any related interest or penalties) imposed or assessed against any of You, Us or the
Collateral or upon Your ownership, possession, use, operation or disposition thereof or upon Your rents, receipts or earnings arising therefrom (excluding taxes imposed on Us based on Our net income or franchise taxes). Each of You shall file on or
before the due date all federal, state and local tax returns including personal property tax returns in respect to the Collateral on or before the due date thereof. Notwithstanding the foregoing, each of You may contest, in good faith and by
appropriate proceedings, taxes, fees and other charges for which You maintain adequate reserves in accordance with GAAP. 

  

	 	•	 	 Intellectual Property. Each of You will: (a) use commercially reasonable efforts to protect, defend
and maintain the validity and enforceability of Your Intellectual Property material to Your business; (b) promptly advise Us in writing of material infringements of Your Intellectual Property material to Your business; (c) not allow any
Intellectual Property material to Your business to be abandoned, forfeited or dedicated to the public without Our written consent and (d) give Us written notice of any applications or registrations of Your Intellectual Property, including the
date of such filings and the applicable application or registration numbers within thirty (30) days after the end of each calendar quarter. 

  

	 	•	 	 Subsidiaries. If at any time, any of You create or acquire any Subsidiary, You and such subsidiary will
promptly notify Us of the creation or acquisition of such new Subsidiary and take all such action as We may reasonably require to cause such Subsidiary to guaranty the Secured Obligations and grant to Collateral Agent a continuing pledge and
security interest in and to the assets of such Subsidiary, except with respect to Foreign Subsidiaries that do not qualify as a Material Foreign Subsidiary, and You shall grant and pledge to Collateral Agent a first priority (subject to Permitted
Liens that are specifically designated as being senior in priority), perfected security interest in the stock, units or other evidence of ownership of such Subsidiary, not to exceed 65% of such stock, units or other evidence of ownership with
respect to Foreign Subsidiaries that do not qualify as a Material Foreign Subsidiary. 

  

	 	•	 	 Dispositions, Liens and Encumbrances. None of You will nor will You permit any of Your Subsidiaries to,
transfer, sell, assign, grant a security interest in, hypothecate, permit or suffer to exist any Lien on any Collateral, or otherwise transfer any interest in or encumber any portion of Your properties or assets (or those of any Subsidiary),
including the Intellectual Property, either voluntarily or involuntarily, without Our prior written consent, other than: (a) Permitted Liens and Permitted Investments, (b) sales of Inventory in the ordinary course of business, (c) non-exclusive licenses of Intellectual Property in the ordinary course of business, and (d) sales of worn-out, surplus or obsolete Equipment not financed by Us
provided that the fair market value of such Equipment does not exceed $50,000 in any fiscal year. In addition, none of You will, nor will You permit any of Your Subsidiaries to, enter into any agreement with any Person (other than Us) that restricts
Your ability, or the ability of any of Your Subsidiaries, to transfer, sell, assign, grant a security interest in, hypothecate, permit or suffer to exist any Lien (other than agreements in connection with Permitted Liens), or otherwise transfer any
interest in or encumber any portion of Your properties or assets or those of any of Your Subsidiaries, including Your Intellectual Property. Without limiting the generality of the foregoing, unless otherwise permitted by Section 12, Paragraph
“Mergers and Acquisitions,” except as otherwise permitted in this Agreement, none of You will sell, transfer, encumber or otherwise dispose of any ownership interest that You may have in any subsidiary. 

 

	 	•	 	 Mergers or Acquisitions. Without Our prior written consent, none of You will, nor will You permit
any of Your Subsidiaries to, liquidate, dissolve or consummate any Merger Event, and none of You will acquire all or substantially all of the capital stock or property of another Person, except that a Subsidiary (i) may merge into any of You or
another Subsidiary of You, or (ii) liquidate or dissolve, provided that its assets are transferred to You. 

  
 14 

	 	•	 	 Compromise of Accounts. Without Our prior written consent, none of You will (a) grant any material
extension of the time or payment of any of the Receivables, or General Intangibles, except in the ordinary course of business and consistent with customary industry practice, (b) to any material extent, compromise, compound or settle the same
for less than the full amount, except in the ordinary course of business and consistent with customary industry practice, (c) release, wholly or partly, any Person liable for the payment, or (d) allow any credit or discount whatsoever
other than trade discounts granted to You in the ordinary course of Your business and consistent with customary industry practice. 

  

	 	•	 	 Other Indebtedness. None of You will, nor will You permit any of Your Subsidiaries to, incur any
Indebtedness without the prior written consent of Us other than Indebtedness evidenced by this Agreement and Permitted Indebtedness. 

  

	 	•	 	 Investments. None of You will, nor will You permit any of Your Subsidiaries to, directly or indirectly
make any Investment other than Permitted Investments. 

  

	 	•	 	 Dividends and Distributions. None of You will, without Our prior written consent, declare or pay any cash
dividend or make a distribution on, or repurchase or redeem, any class of stock, other than (a) pursuant to repurchase plans or agreements upon an employee’s, consultant’s or director’s death, disability or termination of
employment, (b) dividends and distributions payable in shares of Your capital stock, (c) dividends and distributions payable from ForgeRock US, Inc. or ForgeRock Limited, respectively, to ForgeRock, Inc. and (d) conversion or exercise
of any of Your options, warrants or other convertible securities into capital stock pursuant to the terms of such convertible securities or otherwise in exchange thereof and the payment of cash in lieu of fractional shares in connection therewith.

  

	 	•	 	 Collateral Locations; Name Changes. None of You will relocate, nor will You permit any Subsidiary to
relocate, Your (or such Subsidiary’s) chief executive office or principal place of business or any item of the Collateral (or assets of any such Subsidiary) other than (a) dispositions permitted under this Agreement and (b) mobile
equipment in the possession of Your or such Subsidiary’s employees or representatives unless: (i) You have given Us no less than ten (10) days prior written notice, (ii) [Reserved]; (iii) such relocation shall be within the
continental United States, and (iv) such relocation does not adversely affect the perfection or priority of Collateral Agent’s security interest in any of the Collateral. In addition, each of You will obtain and maintain such
acknowledgments, consents, waivers and agreements from: (i) the owner, Lien holder, mortgagee and landlord with respect to any real property located in the United States of America on which Collateral is located and (ii) from any Person
located in the United States of America in possession of Collateral, as We may require, all in form and substance reasonably satisfactory to Us. Without limiting the foregoing, where the Collateral is covered by a negotiable Document (such as a
warehouse receipt), You shall deliver to Collateral Agent possession of such Document. None of You will change Your name without providing Us at least 30 days’ advance written notice. None of You will change Your type of organization or legal
structure without Our prior written consent. 

  

	 	•	 	 Line of Business. None of You will engage in, nor will You permit any of Your Subsidiaries to engage in,
any business other than the businesses currently engaged in by You and Your Subsidiaries or reasonably related, incidental or ancillary thereto or a natural extension thereof. 

 

	 	•	 	 Change of Jurisdiction. None of You will change Your state of organization unless You have obtained Our
prior written consent, which consent shall not be unreasonably withheld. You must give Us no less than thirty (30) days prior written notice. 

  

	 	•	 	 Deposit and Investment Accounts. None of You will maintain, nor permit any of Your Subsidiaries to
maintain, any Deposit Accounts or accounts holding Investment Property owned by any of You (or such Subsidiaries) except (i) accounts identified in the Certificate of Perfection attached as Exhibit C with respect to which We have a
perfected security interest, (ii) other accounts with respect to which We have a perfected security interest and (iii) any accounts maintained by a Foreign Subsidiary that is not a Material Foreign Subsidiary. You will give Us prior
written notice of the creation of any Deposit Accounts or accounts holding Investment Property. 

  

	 	•	 	 Transactions with Affiliates. None of You will directly or indirectly enter into or permit to exist any
material transaction with any of Your Affiliates except for (i) transactions that are in the ordinary course of Your business, upon fair and reasonable terms that are no less favorable to You than would be obtained in an arm’s length
transaction with a non-affiliated Person, and (ii) equity financings with Your existing investors that are otherwise permitted under this Agreement, (iii) unsecured bridge financings with Your
existing investors that are otherwise permitted under this Agreement and that constitute Subordinated Indebtedness and are evidenced by a 

  
 15 

	 	 
subordination agreement on terms acceptable to Us in Our reasonable discretion, (iv) Permitted Investments and Permitted Indebtedness, (v) reasonable and customary director, officer and
employee compensation (including bonuses) and other benefits (including retirement, health, stock option and other benefit plans) and indemnification arrangements approved by the relevant board of directors, board of managers, or equivalent
corporate body and (vi) transfer pricing arrangement entered into among You in the ordinary course of business. 

  

	 	•	 	 Subordinated Indebtedness. You will not prepay, redeem or otherwise satisfy in any manner prior to
the scheduled repayment thereof any Indebtedness for borrowed money (other than the Advances), and You shall not make or permit any payment on any Subordinated Indebtedness, except under the terms of the subordination, intercreditor, or other
similar agreement to which such Subordinated Indebtedness is subject, or amend any provision in any document relating to the Subordinated Indebtedness which would increase the amount thereof or adversely affect the subordination thereof to Secured
Obligations owed to Us. 

  

	 	•	 	 OFAC and Patriot Act. None of You will, directly or indirectly, use the proceeds of the Advances, or lend,
contribute or otherwise make available such proceeds to any Subsidiary, Affiliate, joint venture partner or other Person, to fund any activities or business of or with any Person, or in any country or territory, that, at the time of such funding, is
the subject of any sanctions administered by OFAC, or in any other manner that would result in a violation of OFAC sanctions by any Person, including any Person participating in any capacity in the Advances. You will not, and will not permit any of
Your Subsidiaries to, (a) be or become subject at any time to any law, regulation or list of any governmental authority of the United States (including the OFAC list) that prohibits or limits Us from making any Advance or extension of credit to
You or from otherwise conducting business with You, or (b) fail to provide certificates or documentary or other evidence of Your identity as may be requested by Us at any time to enable Us to verify Your identity or to comply with any
applicable law or regulation, including Section 326 of the Patriot Act at 31 U.S.C. Section 5318. 

  

 

	13.	 YOU AGREE TO INDEMNIFY AND PROTECT US 

 
 You agree to indemnify and hold Us, Our officers,
directors, employees, agents, attorneys, representatives and shareholders (each, an “Indemnitee”) harmless from and against any and all claims, reasonable documented
out-of-pocket costs and expenses, damages and liabilities (including such claims, costs, expenses, damages and liabilities based on liability in tort, including strict
liability in tort), including reasonable documented out-of-pocket attorneys’ fees and disbursements and other costs of investigation or defense (including those
incurred upon any appeal), that may be instituted or asserted against or incurred by Us or any such other Indemnitee as the result of credit having been extended, suspended or terminated under this Agreement and the other Loan Documents or the
administration of such credit, or in connection with or arising out of the transactions contemplated or any actions or failures to act in connection with, or arising out of the disposition or utilization of the Collateral, excluding in all cases,
claims, costs, expenses, damages and liabilities resulting from Our gross negligence or willful misconduct. 
  

 

	14.	 WHAT IS AN EVENT OF DEFAULT 

 
 The occurrence of any one or more of the following
events shall constitute an “Event of Default” under this Agreement: 
  

	 	•	 	 Payment. You do not pay any (i) principal or interest due under this Agreement, the Promissory Notes
or any of the other related Loan Documents when due (or in the event of a failure by Us to initiate an ACH transaction or failure in the ACH system unrelated to You, two (2) Business Days after We have provided notice of the same) or
(ii) fees, costs or other Secured Obligations under this Agreement, the Promissory Notes or any of the other related Loan Documents when due and such failure continues for a period of five (5) Business Days; or 

 

	 	•	 	 Covenant. Any of You fail to perform any covenant or Secured Obligations under this Agreement, the
Promissory Notes or any of the other related Loan Documents, and You fail to cure such breach (to the extent that such breach is capable of being cured) within ten (10) days after the earlier of (i) We give You written notice or
(ii) Your actual knowledge of such default; provided, however, that if the breach cannot by its nature be cured within the ten (10) day period or cannot after Your diligent attempts be cured within such ten (10) day period, and such
breach is likely to be cured within a reasonable time, then You shall have an additional period (which shall not in any case exceed twenty (20) days) to attempt to cure such breach and during such twenty (20) day period the breach shall
not be deemed an Event of Default; or 

  
 16 

	 	•	 	 Material Adverse Change. Any event or circumstance occurs that could reasonably be expected to have a
Material Adverse Effect; or 

  

	 	•	 	 Misrepresentations. Any of You or any Person acting for any of You makes any representation, warranty, or
other statement now or later in this Agreement, any other Loan Document, or any Excluded Agreement or in any writing delivered to Us in connection with or to induce Us to enter this Agreement, any other Loan Document, or any Excluded Agreement, and
such representation, warranty, or other statement is incorrect in any material respect when made, provided, however, that such materiality qualifier shall not be applicable to any representation, warranty or statement that already is
qualified or modified by materiality in the text thereof; or 

  

	 	•	 	 Bankruptcy; Attachment; Other. 

 

	 	•	 	 Any of You (i) assigns Your assets for the benefit of Your creditors, (ii) becomes insolvent or becomes
unable to pay Your debts generally as they become due, or becomes unable to pay or perform Your obligations under the Loan Documents or Excluded Agreements, (iii) files a voluntary petition in bankruptcy, (iv) files any petition, answer,
or document seeking for itself any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any present or future statute, law or regulation pertinent to such circumstances, (v) seeks or consents
to or acquiesces in the appointment of any trustee, receiver, or liquidator of itself or of all or any substantial part of its assets or property, (vi) ceases operation of Your business as Your business has normally been conducted, or
terminates substantially all of Your employees, or (vii) have Your directors or majority shareholders take any action initiating any of the foregoing actions described in this paragraph; or 

 

	 	•	 	 Either (i) forty-five (45) days shall have expired after the commencement of an involuntary action
against any of You seeking reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any present or future statute, law or regulation, without such action being dismissed or all orders or proceedings
thereunder affecting Your operations or the business being stayed; or (ii) a stay of any such order or proceeding shall thereafter be set aside and the action setting it aside shall not be timely appealed; or (iii) any of You shall file
any answer admitting or not contesting the material allegations of a petition filed against You in any such proceedings; or (iv) the court in which such proceedings are pending shall enter a decree or order granting the relief sought in any
such proceedings; or 

  

	 	•	 	 Forty-five (45) days shall have expired after the appointment, without Your consent or acquiescence, of any
trustee, receiver or liquidator of any of You or of all or any substantial part of the properties of any of You without such appointment being vacated or stayed; or 

 

	 	•	 	 Agreements with Us. The occurrence of any default under any other Loan Document, any Excluded Agreement,
or any other agreement between any of You and/or any of Your Subsidiaries and Us (other than any default embodied in or covered by any clause of this Section 14) and such default continues for more than twenty (20) days after the earlier
of (i) We have given written notice of such default to You, or (ii) You have actual knowledge of such default; or 

  

	 	•	 	 Other Agreements. The occurrence of any default (other than any default embodied in or covered by any
other clause of this Section 14) that has not been cured or waived within any applicable grace period under any lease, loan, or other agreement or Indebtedness of any of You involving any Indebtedness which aggregates more than $300,000, or
which default could reasonably be expected to have a Material Adverse Effect; or 

  

	 	•	 	 Judgments. The entry of (a) any judgment or arbitration award against any of You involving an award
in excess of $300,000 or that could reasonably be expected to have a Material Adverse Effect that is not covered by insurance by a solvent insurance carrier that has not denied coverage in writing, has not been, discharged, bonded or stayed on
appeal within twenty (20) days; or (b) any judgment or arbitration award against You in which You are enjoined, restrained or in any way prevented from conducting all or any material part of Your business or affairs; or

  

	 	•	 	 Change of Control. Except as otherwise permitted under this Agreement, the occurrence of any event or
transaction, including the sale or exchange of outstanding shares of Your capital stock or the capital stock of any of Your Subsidiaries, or series of related events or transactions, resulting in (a) the holders of such outstanding capital
stock immediately before consummation of such event or transaction, or series of related events or transactions, do not, immediately after consummation of such event or transaction or series of related events or transactions, retain, directly or
indirectly, capital stock representing at least 50% of the voting power of the surviving Person of such event or transaction or series of related events or transactions, in each case without regard to whether You or any of Your Subsidiaries are the
surviving Person, (b) any Person or “group” (other than a Person that was a stockholder on the Closing Date) shall obtain “beneficial ownership” (as such terms are defined under
Section 13d-3 of and 

  
 17 

	 	 
Regulation 13D under the Securities Exchange Act of 1934) (other than any of Your existing investors), either directly or indirectly, of more than 34% of Your outstanding capital stock having the
right to vote for the election of directors under ordinary circumstances, or (c) You cease to own and control all of the economic and voting rights associated with all of the outstanding capital stock of Your Subsidiaries; or

  

	 	•	 	 Investor Support. We have determined, in Our good faith judgment, that it is the intention of Your current
equity investors to not continue to fund, or arrange for the funding of, You in the amounts and timeframe reasonably necessary to enable You to satisfy the Secured Obligations as they become due and payable; or 

 

	 	•	 	 Officers. The individuals holding the office of Your Chief Executive Officer as of the Closing Date shall
for any reason cease to hold such offices or be actively engaged in Your day-to-day management, unless a successor or interim replacement reasonably acceptable to Your
Board of Directors is appointed within ninety (90) days of such cessation; or 

  

	 	•	 	 Guaranty Documents. (a) Any guaranty of any Secured Obligations terminates or ceases for any
reason to be in full force and effect other than in accordance with the terms thereof; (b) any Guarantor does not perform any obligation or covenant under any guaranty of the Secured Obligations or any Event of Default occurs under any security
agreement or other agreement between Us and any Guarantor (in each case taking into account any applicable cure or grace periods); (c) [Reserved], or (d) except as otherwise permitted hereunder, the death, liquidation, administration, winding
up, or termination of existence of any Guarantor (as applicable). 

  

 

	15.	 WHAT HAPPENS UPON AN EVENT OF DEFAULT 

 
 If an Event of Default has occurred and is continuing,
We can at Our option (or in the case of the fourth and fifth paragraphs below, Collateral Agent may), without notice to any of You: 
  

	 	•	 	 Terminate Our commitment to make any future Advances under this Agreement; 

 

	 	•	 	 Terminate Our obligation to permit the principal, interest, fees, costs or other amounts owed by You to Us to
remain outstanding; 

  

	 	•	 	 Recover all sums due and accelerate and demand payment of all or any part of the principal, interest, fees, costs
or other amounts owed by any of You to Us under the Loan Documents and declare them to be immediately due and payable (provided, that upon the occurrence of a default of the type described in the fourth paragraph of Section 14
(i.e. “Bankruptcy; Attachment; Other”), the Promissory Notes and all of the principal, interest, fees, costs or other amounts owed by any of You to Us shall automatically be accelerated and made immediately due and payable, in each
case without any further notice or act). Upon the occurrence and during the continuance of an Event of Default, the unpaid principal and accrued interest on the Promissory Notes and advances and all outstanding principal, interest, fees, costs or
other amounts owed by any of You to Us, including all professional fees and expenses, shall thereafter bear interest at the Default Rate; 

  

	 	•	 	 Settle or adjust disputes and claims directly with the account debtors of any of You for amounts, upon terms and
in whatever order that Collateral Agent reasonably considers to be advisable; 

  

	 	•	 	 Peaceably enter the premises of any of You, without notice and process of law and in compliance with Your
security requirements, to remove and repossess the Collateral without being liable to any of You for damages due to the repossession, except those resulting from Our or Our assignees’ negligence or willful misconduct and charge You for the cost
of repossession, storing and shipping the Collateral. With respect to any premises that any of You own, You hereby grant to Collateral Agent a license to enter into possession of such premises and to occupy the same, without charge by You, in order
to exercise any of Our rights or remedies provided herein, at law, in equity, or otherwise; and 

  

	 	•	 	 Pursue any other remedy permitted by law, equity or otherwise. 

Collateral Agent may exercise all rights and remedies with respect to the Collateral under this Agreement or the other Loan Documents or otherwise available
to it under the UCC and other applicable law, including the right to release, hold, sell, lease, liquidate, collect, realize upon, or otherwise dispose of all or any part of the Collateral and the right to occupy, utilize, process and commingle the
Collateral. Each of You hereby grants to Collateral Agent a license and right, to use, without charge by You, the labels, patents, copyrights, rights of use of any name, trade secrets, trade names, trademarks, service marks, and advertising matter,
or any property of a similar nature of any of You, as it pertains to the Collateral, in completing production of, advertising for sale, and selling any Collateral. In connection with Our exercise of Our rights under this Agreement and the other Loan
Documents, each of the rights of any of You under all licenses and all franchise agreements shall inure to Our benefit. All Our rights and remedies shall be cumulative and not exclusive. 

 

  
 18 

 In addition to the power of attorney granted by each of You to Collateral Agent in Section 12,
effective only upon the occurrence and during the continuance of an Event of Default, each of You hereby irrevocably appoints Collateral Agent (and any of its designated officers, agents, attorneys or employees) as Your true and lawful attorney to:
(a) send requests for verification of Receivables or notify account debtors of its security interest in the Receivables; (b) endorse Your name on any checks or other forms of payment or security that may come into its possession;
(c) sign Your name on any invoice or bill of lading relating to any Receivable, drafts against account debtors, schedules and assignments of Receivables, verifications of Receivables, and notices to account debtors; (d) dispose of any
Collateral; (e) make, settle, and adjust all claims under and decisions with respect to Your policies of insurance; (f) settle and adjust disputes and claims respecting the Accounts directly with account debtors, for amounts and upon terms
which Collateral Agent determines to be reasonable. Collateral Agent’s appointment as the attorney in fact for each of You, and each and every one of Collateral Agent’s rights and powers, being coupled with an interest, is irrevocable
until all of the Secured Obligations have been Paid in Full. 
  
  

	16.	 WHAT HAPPENS IF YOU ARE IN DEFAULT AND WE EXERCISE OUR REMEDIES 

 
 If an Event of Default has occurred and is continuing,
Collateral Agent may, at any time or from time to time, apply, collect, liquidate, sell in one or more sales, lease or otherwise dispose of, any or all of the Collateral, in its then condition or following any commercially reasonable preparation or
processing, in such order as it may elect. Any such sale may be made either at public or private sale at the place of business of any of You or elsewhere. Each of You agrees that any such public or private sale may occur upon Collateral Agent’s
ten (10) calendar days’ prior written notice to You. Collateral Agent may require any of You to assemble the Collateral and make it available to it at a place it designates that is reasonably convenient to it. The proceeds of any sale,
disposition or other realization upon all or any part of the Collateral shall be applied in the following order of priorities: 

First, to Us in an amount sufficient to pay in full Our costs and professionals’ and advisors’ fees and expenses; 

Second, to Us in an amount equal to the then unpaid amount of all the principal, interest, fees, costs or other amounts owed by any of
You to Us, in such order and priority as We may choose in Our sole discretion (provided that all amounts applied to any category of Secured Obligations relating to the Advances or other amounts that are based on Lenders’ Pro Rata Shares shall
be allocated between Lenders based on their respective Pro Rata Shares, and all amounts applied to any other category of Secured Obligations shall be applied pro rata to each of Us based on Our respective portion thereof); and 

Finally, after the Payment in Full of the Secured Obligations, to any creditor holding a junior Lien on the Collateral, or to any of You
or Your representatives or as a court of competent jurisdiction may direct. 
  

 

	17.	 CROSS-GUARANTY 

 
 Cross-Guaranty. Each of You hereby agrees that
You are jointly and severally liable for, and hereby absolutely and unconditionally guarantees to Us and Our respective successors and permitted assigns, the full and prompt payment (whether at stated maturity, by acceleration or otherwise) and
performance of all Secured Obligations owed or hereafter owing to Us by the other of You. Each of You agrees that Your guaranty obligation hereunder is a continuing guaranty of payment and performance and not of collection, that Your obligations
under this Section shall not be discharged until Payment in Full, of the Secured Obligations, and that Your obligations under this Section shall be absolute and unconditional, irrespective of, and unaffected by: 

 

	 	•	 	 the genuineness, validity, regularity, enforceability or any future amendment of, or change in, this Agreement,
any other Loan Document or any other agreement, document or instrument to which any of You are or may become a party; 

  

	 	•	 	 the absence of any action to enforce this Agreement (including this Section) or any other Loan Document or the
waiver or consent by Us with respect to any of the provisions thereof; 

  

	 	•	 	 the existence, value or condition of, or failure to perfect Our Lien against, any security for the Secured
Obligations or any action, or the absence of any action, by Us in respect thereof (including the release of any such security); 

  
 19 

	 	•	 	 the insolvency of any of You; or 

 

	 	•	 	 any other action or circumstances that might otherwise constitute a legal or equitable discharge or defense of a
surety or guarantor. 

 Each of You shall be regarded, and shall be in the same position, as principal debtor with respect to the Secured
Obligations guaranteed hereunder. 
 Waivers. To the extent permitted by applicable law, each of You expressly waives all rights any of You may have
now or in the future under any statute, or at common law, or at law or in equity, or otherwise, to compel Us to marshal assets or to proceed in respect of the Secured Obligations guaranteed hereunder against the other of You, any other party or
against any security for the payment and performance of the Secured Obligations before proceeding against, or as a condition to proceeding against, You. It is agreed among each of You and Us that the foregoing waivers are of the essence of the
transaction contemplated by this Agreement and the other Loan Documents and that, but for the provisions of this Section and such waivers, We would decline to enter into this Agreement. 

Benefit of Guaranty. Each of You agrees that the provisions of this Section are for Our benefit and the benefit of Our respective successors,
transferees, endorsees and permitted assigns, and nothing herein contained shall impair, as between any other Person and Us, the obligations of such Person under the Loan Documents. 

Waiver of Subrogation, Etc. Notwithstanding anything to the contrary in this Agreement or in any other Loan Document, and except as set forth herein,
to the extent permitted by applicable law, each of You hereby expressly and irrevocably waives any and all rights at law or in equity to subrogation, reimbursement, exoneration, contribution, indemnification or set off and any and all defenses
available to a surety, guarantor or accommodation co-obligor. Each of You acknowledges and agrees that this waiver is intended to benefit Us and shall not limit or otherwise affect Your liability hereunder or
the enforceability of this Section, and that We and Our respective successors and assigns are intended third party beneficiaries of the waivers and agreements set forth in this Section. 

Election of Remedies. If We may, under applicable law, proceed to realize Our benefits under any of the Loan Documents giving Us a Lien upon any
Collateral, either by judicial foreclosure or by non-judicial sale or enforcement, We may, at Our sole option, determine which of Our remedies or rights We may pursue without affecting any of Our rights and
remedies under this Section. If, in the exercise of any of Our rights and remedies, We shall forfeit any of Our rights or remedies, including Our right to enter a deficiency judgment against any of You or any other Person, whether because of any
applicable laws pertaining to “election of remedies” or the like, each of You hereby consents to such action by Us and waives any claim based upon such action, even if such action by Us shall result in a full or partial loss of any rights
of subrogation that any of You might otherwise have had but for such action by Us. Any election of remedies that results in the denial or impairment of any right of Ours to seek a deficiency judgment against any of You shall not impair the
respective obligations of the rest of You to pay the full amount of the Secured Obligations. In the event We shall bid at any foreclosure or trustee’s sale or at any private sale permitted by law or the Loan Documents, We may bid all or less
than the amount of the Secured Obligations and the amount of such bid need not be paid by Us but shall be credited against the Secured Obligations. The amount of the successful bid at any such sale, whether We are or any other party is the
successful bidder, shall be conclusively deemed to be the fair market value of the Collateral and the difference between such bid amount and the remaining balance of the Secured Obligations shall be conclusively deemed to be the amount of the
Secured Obligations guaranteed under this Section, notwithstanding that any present or future law or court decision or ruling may have the effect of reducing the amount of any deficiency claim to which We might otherwise be entitled but for such
bidding at any such sale. 
 Limitation. Notwithstanding any provision herein contained to the contrary, the liability of each of You under this
Section (which liability is in any event in addition to amounts for which You are primarily liable under this Agreement) shall be limited to an amount not to exceed as of any date of determination the greater of: (a) the net amount of
the amounts advanced to the other of You under this Agreement and then re-loaned or otherwise transferred to, or for the benefit of, the other of You; and (b) the amount that could be claimed by Us from
the other of You under this Section without rendering such claim voidable or avoidable under Section 548 of Chapter 11 of the Bankruptcy Code or under any applicable state Uniform Fraudulent Transfer Act, Uniform Fraudulent Conveyance Act or
similar statute or common law after taking into account, among other things, Your right of contribution and indemnification from the other of You under this Section. 

  
 20 

 Contribution with Respect to Guaranty Obligations. 

 

	 	•	 	 To the extent that any of You shall make a payment under this Section of all or any of the Secured Obligations (a
“Guarantor Payment”) that, taking into account all other Guarantor Payments then previously or concurrently made by such Person, exceeds the amount that such Person would otherwise have paid if each of You had paid the aggregate
Secured Obligations satisfied by such Guarantor Payment in the same proportion that such Person’s Allocable Amount (as defined below) (as determined immediately prior to such Guarantor Payment) bore to the aggregate Allocable Amounts of all of
You as determined immediately prior to the making of such Guarantor Payment, then, following Payment in Full of the Secured Obligations, such Person shall be entitled to receive contribution and indemnification payments from, and be reimbursed by,
the other of You for the amount of such excess, pro rata based upon their respective Allocable Amounts in effect immediately prior to such Guarantor Payment. 

  

	 	•	 	 As of any date of determination, the “Allocable Amount” of any of You shall be equal to the maximum
amount of the claim that could then be recovered from such Person under this section without rendering such claim voidable or avoidable under Section 548 of Chapter 11 of the Bankruptcy Code or under any applicable state Uniform Fraudulent
Transfer Act, Uniform Fraudulent Conveyance Act or similar statute or common law. 

  

	 	•	 	 This subsection is intended only to define the relative rights of each of You and nothing set forth in this
subsection is intended to or shall impair the obligations of each of You, jointly and severally, to pay any amounts as and when the same shall become due and payable in accordance with the terms of this Agreement, including subsection
“Cross-Guaranty” above. Nothing contained in this subsection shall limit the liability of any of You to pay the Advances made directly or indirectly to You and accrued interest, fees and expenses with respect thereto, for which You shall
be primarily liable. 

  

	 	•	 	 The Parties hereto acknowledge that the rights of contribution and indemnification hereunder shall constitute
assets of the Person to which such contribution and indemnification is owing. 

  

	 	•	 	 The rights of the indemnifying Persons against other Persons under this subsection shall be exercisable upon the
Payment in Full of the Secured Obligations. 

 Liability Cumulative. The liability of each of You under this Section
is in addition to and shall be cumulative with all liabilities of each of You to Us under this Agreement and the other Loan Documents to which You are a party or in respect of any Secured Obligations, without any limitation as to amount, unless the
instrument or agreement evidencing or creating such other liability specifically provides to the contrary. 
  

 

	18.	 DOCUMENTS YOU WILL PROVIDE US 

 
 Upon signing this Agreement, You will
provide Us with each of the following documents on or before the Closing Date: 
  

	 	•	 	 Executed originals of this Agreement, and all other documents and instruments that We may reasonably require;

  

	 	•	 	 Secretary’s/Director’s certificate of incumbency and authority for each of You; 

As it relates to ForgeRock, Inc. and ForgeRock US, Inc. 

 

	 	•	 	 Certified copy of resolutions of each of Your boards of directors approving this Agreement, the associated
Warrant Agreement(s) and the other Loan Documents and the transactions evidenced by this Agreement, the associated Warrant Agreement(s) and the other Loan Documents; 

 

	 	•	 	 Certified copy of Certificate of Incorporation and By-Laws for each of
You, as amended through the Closing Date; 

 As it relates to ForgeRock Limited 

 

	 	•	 	 Certified copy of resolutions of each of Your boards of directors approving this Agreement, Security Confirmation
Deed and the other Loan Documents and the transactions evidenced by this Agreement and the other Loan Documents; 

  

	 	•	 	 Certified copy of Your Articles of Association and Memorandum and Certificate of Incorporation, as amended
through the Closing Date; 

  
 21 

	 	•	 	 A certificate of good standing from the State of incorporation of each of You, and similar certificates from all
other jurisdictions where any of Your Subsidiaries do business and where the failure to be qualified could reasonably be expected to have a Material Adverse Effect; 

 

	 	•	 	 Payment of the Facility Fee for the Commitment Amount as denoted in the Table of Terms; 

 

	 	•	 	 Your budget and business plan of the current fiscal year; 

 

	 	•	 	 Executed Certificate of Perfection, attached as Exhibit C; and 

 

	 	•	 	 Executed Managerial Assistance Acknowledgement Letter, attached as Exhibit F; the Parties acknowledge the
Managerial Assistance Acknowledgment Letter executed on the Original Closing Date is in full force and effect and satisfies this condition; and 

  

	 	•	 	 Any such other documents as We may reasonably request. 

Until Payment in Full of the Secured Obligations, each of You shall provide Us with: 

Financial Statements. Within thirty (30) days after the end of each month, each of You will provide Us with (a) an unaudited income statement,
statement of cash flows, and an unaudited balance sheet prepared in accordance with GAAP (except for the absence of footnotes and subject to year-end adjustments) accompanied by a report detailing any
unaccrued liabilities, and (b) copies of all board packages delivered to the board of directors of any of You in connection with board meetings or otherwise, which materials may be redacted for confidential, protected and privileged information
or due to conflict of interest. Within one hundred eighty (180) days of the end of each fiscal year end, each of You will provide Us with audited financial statements accompanied by an audit report and an unqualified opinion (other than as to
going concern or qualification resulting solely from the scheduled maturity of the loans occurring within one year from the date such opinion is delivered) of the independent certified public accountants. Within sixty (60) days prior to the end
of each fiscal year, each of You will provide Us a budget and business plan for the next fiscal year. Each of You will provide Us any additional information (including, but not limited to, tax returns, income statements, balance sheets and names of
principal creditors) generally prepared in the ordinary course of Your business as We reasonably believe are necessary to evaluate the continuing ability of each of You to meet Your financial obligations to Us under the Loan Documents and which We
reasonably request. These statements should be emailed to Us at [***], or upon Our prior approval, sent by facsimile or mail to Us at the address listed in the Table of Terms. 

Other Information. (a) Within five (5) Business Days after the closing of any equity financing, or extension of an existing round of equity
financing, occurring after the Closing Date, in which You issue preferred stock or other securities You will provide Us with copies of the fully executed equity financing documents, including without limitation the related stock purchase agreement,
investors’ rights agreement, voting agreement, amended or restated Certificates of Incorporation, current capitalization table and other related documents and (b) within thirty (30) days after completion of any 409A Valuation Report
You shall provide Us with such report or other similar reports prepared for You. 
 Certificate of Compliance. Within thirty (30) days after the
end of each calendar quarter, each of You will provide Us with a Certificate of Compliance in the form attached as Exhibit D. 
  

 

	19.	 RESERVED 

 
 This Section reserved. 

 
  

	20.	 OTHER LEGAL PROVISIONS YOU WILL ABIDE BY 

 
 Continuation of Security Interest. This is a
continuing agreement and the grant of the security interest and Lien hereunder or any other Loan Document shall remain in full force and effect and all of Our rights, powers and remedies shall continue to exist until the Payment in Full of all
Secured Obligations. We shall file a termination statement or discharge document, as applicable, and provide proof of filing to You within three (3) Business Days after the Payment in Full of all Secured Obligations. The Collateral and all
rights conveyed hereby and shall immediately return possession of the Collateral held by Us to You. We shall, from time to time, execute such further documents or take such further actions as You shall reasonably request to evidence termination of
Our security interest and Liens at no cost to Us. Our rights, powers and remedies shall be in addition to all rights, powers and remedies given by statute or rule of law and are cumulative. The exercise of any one or more of the rights, powers and
remedies provided herein or in any other Loan Document shall not be construed as a waiver of or election of remedies with respect to any of Our other rights, powers and remedies. 

 

  
 22 

 Entire Agreement. This Agreement and associated Promissory Notes supersede all other oral or written
agreements or understandings between the Parties concerning the transactions contemplated hereby (including the Existing Loan Agreement). ANY AMENDMENT OF THIS AGREEMENT OR A PROMISSORY NOTE MAY ONLY BE ACCOMPLISHED THROUGH A DOCUMENT WITH
SIGNATURES FROM EACH OF THE PARTIES TO SUCH DOCUMENT (AND FOR THE AVOIDANCE OF DOUBT, ANY AMENDMENT OF ANY PROMISSORY NOTE MUST BE EXECUTED BY THE LENDER TO WHICH SUCH PROMISSORY NOTE WAS ISSUED). 

Headings. Headings used in this Agreement are for reference and convenience of the Parties only and shall have no substantive effect in the
interpretation of this Agreement. 
 No Waiver. No action taken by Us or You will be deemed to constitute a waiver of compliance with any
representation, warranty or covenant contained in this Agreement or Promissory Note. The waiver by Us of a breach of any provision of this Agreement or a Promissory Note will not operate or be construed as a waiver of any subsequent breach. 

Survival of Obligations. The indemnification obligations contained in this Agreement any Promissory Note or in any document delivered in connection
with those agreements are for the benefit of the Parties and survive the execution, delivery, expiration or termination of this Agreement. 
 Tax
Indemnification. Without limiting the generality of Section 13, You agree to pay, and to hold Us harmless from, any and all liabilities with respect to, or resulting from any delay in paying, any and all excise, sales, or other similar
taxes (excluding taxes imposed on or measured by Our net income or franchise taxes) that may be payable or determined to be payable with respect to any of the Collateral or in connection with any of the transactions contemplated by this Agreement.

 Successors and Assigns. The provisions of this Agreement and the other Loan Documents shall inure to the benefit of and be binding on each of You
and Your permitted assigns (if any). None of You shall assign Your obligations under this Agreement, the Promissory Notes or any of the other Loan Documents without Our express prior written consent, and any such attempted assignment shall be void
and of no effect. Each of You acknowledges and understands that We may sell and assign all or part of Our respective interests hereunder and under the Promissory Note(s) and all other related Loan Documents to any person or entity to be known as
assignee; provided, however, that unless an Event of Default shall have occurred and be continuing, We shall not assign this Agreement to any direct competitor of Yours (as determined in good faith by Your board of directors). After such assignment
the term “We” “Us” and “Our” (and “Lender” if the assignor is assigning any of its interests as a Lender, and “Collateral Agent” if the assignor is the Collateral Agent) as used in the Loan Documents
will mean and include such assignee, and such assignee will be vested with all Our rights, powers and remedies hereunder (including, as applicable, as a Lender or as Collateral Agent) and shall have Our duties with respect to the interest that each
of You have granted Us (including, as applicable, as a Lender or as Collateral Agent); but with respect to any such interest not so transferred, We shall retain all rights, powers and remedies. No such assignment will relieve any of You of any of
Your obligations. We agree that in the event of any transfer of the Promissory Note(s), We will denote on the Promissory Note a notation as to the portion of the principal and interest of the Promissory Note(s), which shall have been paid at the
time of such transfer and the date of the transfer. 
 Consent To Jurisdiction And Venue. All judicial proceedings arising in or under
or related to this Agreement, the Promissory Notes or any of the other Loan Documents may be brought in any state or federal court of competent jurisdiction located in the State of California. By execution and delivery of this Agreement, each Party
hereto generally and unconditionally: (a) consents to personal jurisdiction in San Mateo County, State of California; (b) waives any objection as to jurisdiction or venue in San Mateo County, State of California; (c) agrees not to
assert any defense based on lack of jurisdiction or venue in the aforesaid courts; and (d) irrevocably agrees to be bound by any judgment rendered thereby in connection with this Agreement, the Promissory Notes or the other Loan Documents.
Service of process on any Party hereto in any action arising out of or relating to this Agreement shall be effective if given in accordance with the requirements for notice set forth in this Section and shall be deemed effective and received as set
forth therein. Nothing herein shall affect the right to serve process in any other manner permitted by law or shall limit the right of either Party to bring proceedings in the courts of any other jurisdiction. 

  
 23 

 Mutual Waiver Of Jury Trial; Judicial Reference. Because disputes arising in connection with complex
financial transactions are most quickly and economically resolved by an experienced and expert person and the Parties wish applicable state and federal laws to apply (rather than arbitration rules), the Parties desire that their disputes be resolved
by a judge applying such applicable laws. EACH OF THE PARTIES SPECIFICALLY WAIVES ANY RIGHT THEY MAY HAVE TO TRIAL BY JURY OF ANY CAUSE OF ACTION, CLAIM, CROSS-CLAIM, COUNTERCLAIM, THIRD PARTY CLAIM OR ANY OTHER CLAIM (COLLECTIVELY,
“CLAIMS”) ASSERTED BY ANY OF YOU AGAINST US OR OUR ASSIGNEE OR BY US OR OUR ASSIGNEE AGAINST ANY OF YOU. IN THE EVENT THAT THE FOREGOING JURY TRIAL WAIVER IS NOT ENFORCEABLE, ALL CLAIMS, INCLUDING ANY AND ALL QUESTIONS OF LAW OR
FACT RELATING THERETO, SHALL, AT THE WRITTEN REQUEST OF ANY PARTY, BE DETERMINED BY JUDICIAL REFERENCE PURSUANT TO THE CALIFORNIA CODE OF CIVIL PROCEDURE (“REFERENCE”). THE PARTIES SHALL SELECT A SINGLE NEUTRAL REFEREE, WHO SHALL BE
A RETIRED STATE OR FEDERAL JUDGE. IN THE EVENT THAT THE PARTIES CANNOT AGREE UPON A REFEREE, THE REFEREE SHALL BE APPOINTED BY THE COURT. THE REFEREE SHALL REPORT A STATEMENT OF DECISION TO THE COURT. NOTHING IN THIS SECTION SHALL LIMIT THE RIGHT OF
ANY PARTY AT ANY TIME TO EXERCISE LAWFUL SELF-HELP REMEDIES, FORECLOSE AGAINST COLLATERAL OR OBTAIN PROVISIONAL REMEDIES. THE PARTIES SHALL BEAR THE FEES AND EXPENSES OF THE REFEREE EQUALLY UNLESS THE REFEREE ORDERS OTHERWISE. THE REFEREE SHALL ALSO
DETERMINE ALL ISSUES RELATING TO THE APPLICABILITY, INTERPRETATION, AND ENFORCEABILITY OF THIS SECTION. THE PARTIES ACKNOWLEDGE THAT THE CLAIMS WILL NOT BE ADJUDICATED BY A JURY. THIS WAIVER EXTENDS TO ALL SUCH CLAIMS, INCLUDING CLAIMS THAT INVOLVE
PERSONS OTHER THAN ANY OF YOU AND US; CLAIMS THAT ARISE OUT OF OR ARE IN ANY WAY CONNECTED TO THE RELATIONSHIP BETWEEN YOU AND US; AND ANY CLAIMS FOR DAMAGES, BREACH OF CONTRACT, SPECIFIC PERFORMANCE, OR ANY EQUITABLE OR LEGAL RELIEF OF ANY KIND,
ARISING OUT OF THIS AGREEMENT, ANY OTHER LOAN DOCUMENT OR ANY OF THE EXCLUDED AGREEMENTS. 
 Professional Fees. Each of You promises to pay or
reimburse on demand, any and all reasonable professional fees and expenses incurred by Us whether before or after the execution of this Agreement in connection with or related to: the Loan Documents, the Excluded Agreements, or the Secured
Obligations; the administration, collection, or enforcement of the Secured Obligations; amendment or modification of the Loan Documents and the Excluded Agreements; any waiver, consent, release, or termination under the Loan Documents or Excluded
Agreements; the protection, preservation, sale, lease, liquidation, inspection, audit or disposition of, or other action related to, the Collateral or the exercise of remedies with respect to the Collateral; or any legal, litigation, administrative,
arbitration, or out of court proceeding in connection with or related to any of You or the Collateral, and any appeal or review thereof; and any bankruptcy, restructuring, reorganization, assignment for the benefit of creditors, workout,
foreclosure, or other action related to any of You, the Collateral, the Loan Documents, or the Excluded Agreements, including representing Us in any adversary proceeding or contested matter commenced or continued by or on behalf of the estate of any
of You, and any appeal or review thereof; provided, however, that You shall not be responsible for any fees or expenses incurred in connection with the negotiation and execution of the Loan Documents on our prior to the Closing Date. Our
professional fees and expenses shall include reasonable fees or expenses for Our attorneys, accountants, auditors, auctioneers, liquidators, appraisers, investment advisors, environmental and management consultants, or experts engaged by Us in
connection with the foregoing. The promise of each of You to pay all of Our reasonable professional fees and expenses is part of the Secured Obligations under this Agreement. 

Revival of Secured Obligations. This Agreement and the Loan Documents shall remain in full force and effect and continue to be effective if any
petition is filed by or against any of You for liquidation or reorganization, if any of You become insolvent or make an assignment for the benefit of creditors, if a receiver or trustee is appointed for all or any significant part of the assets of
any of You, or if any payment or transfer of Collateral is recovered from Us. The Loan Documents, the Secured Obligations and Collateral Agent’s Lien on the Collateral shall continue to be effective, or shall be revived or reinstated, as the
case may be, if at any time payment and performance of the Secured Obligations or any transfer of Collateral to Us, or any part thereof is rescinded, avoided or avoidable, reduced in amount, or must otherwise be restored or returned by, or is
recovered from, Us or by any obligee of the Secured Obligations, whether as a “voidable preference,” “fraudulent conveyance,” or otherwise, all as though such payment, performance, or transfer of Collateral had not been made. In
the event that any payment, or any part thereof, is rescinded, reduced, avoided, avoidable, restored, returned, or recovered, the Loan Documents and the Secured Obligations shall be deemed, without any further action or documentation, to have been
revived and reinstated except to the extent of the full and final payment to Us in cash. 
 Notices. Any notice, request or other
communication to any of the Parties by any other will be given in writing and deemed received upon the earliest of (1) actual receipt, (2) three (3) days after mailing if mailed postage prepaid by regular or airmail to Us or You, at the
address set out in the Table of Terms, and (3) one (1) day after it is sent by courier or overnight delivery. 

  
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 Applicable Law. This Agreement and any Promissory Note will have been made, executed and delivered in
the State of California and will be governed and construed for all purposes in accordance with the laws of the State of California, excluding conflict of laws principles that would cause the application of laws of any other jurisdiction. 

Counterparts. This Agreement may be executed in any number of counterparts, each of which will be deemed an original, but all such counterparts
together constitute one and the same instrument. 
 Signatures. This Agreement and any Promissory Note may be executed and delivered by facsimile or
transmitted electronically in either Tagged Image Format Files (“TIFF”) or Portable Document Format (“PDF”) and, upon such delivery, the facsimile, TIFF or PDF signature, as applicable, will be deemed to have the
same effect as if the original signature had been delivered to the other party. 
 Confidentiality. All financial information and other non-public information (other than any such information contained in periodic reports filed by any of You with the Securities and Exchange Commission) disclosed by any of You to Us shall be considered confidential
for purposes of this Agreement. In handling any confidential information, We will exercise the same degree of care that We exercise for Our own proprietary information, but disclosure of information may be made (i) to Our subsidiaries or
Affiliates in connection with their business with any of You, (ii) to prospective transferees or purchasers of any interest in the Loans (provided, however, We shall obtain such prospective transferee’s agreement in writing to
confidentiality terms no less restrictive than the terms of this provision and any purchaser shall be agreeing to assume the obligations hereunder and therefore agreeing to abide by the provisions hereof, including, without limitation, the
provisions of this Section), (iii) as We deem necessary or appropriate to any bank, financial institution or other similar entity, provided, however, that such bank, financial institution or other similar entity agrees in writing to maintain the
confidentiality of such information, (iv) to S&P, Moody’s, Fitch and/or other ratings agency, as We deem necessary or appropriate, provided, however, that such financial institution or ratings agency shall be informed of the
confidentiality of such, (v) as required by law, regulation, subpoena, or other order, (vi) to the extent requested by any regulatory authority, (vii) as required in connection with Our examination or audit and (viii) as We
consider appropriate in exercising remedies under this Agreement. Confidential information does not include information that either: (a) is in the public domain or in Our possession when disclosed to Us, or becomes part of the public domain
after disclosure to Us; or (b) is disclosed to Us by a third party, if We do not know that the third party is prohibited from disclosing the information. Notwithstanding the above, each of You hereby consents to the use by Us of the company
name and logo of any of You for advertising, promotional and marketing purposes only. Such use may reference the type of credit facility but will not indicate the amount of the credit facility without Your prior written approval. 

Amendment and Restatement; Reaffirmation and Continuation of Liens. This Agreement amends and restates in its entirety the Existing Loan Agreement. By
Your execution hereof you reaffirm the prior grant of a Lien in favor of TPVG under the Existing Loan Agreement and any other Loan Documents pursuant to which any Lien has been granted in favor of TPVG, and it is hereby acknowledged and agreed that
all such Liens granted by You in favor of TPVG under the Existing Loan Agreement and any other Loan Document shall remain in full force and effect (provided that TPVG shall hereafter hold such Liens as Collateral Agent as provided for herein) to
secure the Secured Obligations, and that in all cases any Liens granted to Collateral Agent hereunder shall be deemed to be a continuation of the prior Liens granted to TPVG and not newly created or granted Liens. For the avoidance of doubt, any
grant of a Lien in favor of TPVG in any Loan Document shall be deemed to be a grant of such Lien in favor of TPVG as Collateral Agent on behalf of and for the benefit of Collateral Agent and Lenders. 

 
  

	21.	 DEFINITIONS 

 
 Capitalized terms used in this Agreement and not
otherwise defined herein shall have the following meanings: 
 “Account” means any “account,” as such term is
defined in the UCC, which any of You now own or acquire or in which any of You now hold or acquire any interest and in any event, shall include, without limitation, all accounts receivable, book debts and other forms of obligations (other than forms
of obligations evidenced by Chattel Paper, Documents or Instruments) that any of You now own, receive or acquire or belongs or is owed or becomes belonging or owing to any of You (including, without limitation, under any trade name, style or
division thereof) whether arising out of goods sold or services that any of You render or from any other transaction, whether or not the same involves the sale of goods or services by any of You (including, without limitation, any such obligation
that may be characterized as an account or contract right under the UCC) and all of any of Your rights in, to and under all purchase orders or receipts now owned or acquired by any of You for goods or services, and all of any of Your rights to any
goods represented by any of the foregoing (including, without limitation, unpaid seller’s rights of rescission, replevin, 

  
 25 

 
reclamation and stoppage in transit and rights to returned, reclaimed or repossessed goods), and all monies due or to become due to any of You under all purchase orders and contracts for the sale
of goods or the performance of services or both by any of You or in connection with any other transaction (whether or not yet earned by performance on the part of any of You), now in existence or occurring, including, without limitation, the right
to receive the proceeds of said purchase orders and contracts, and all collateral security and guarantees of any kind given by any Person with respect to any of the foregoing. 

“Advance” has the meaning given to it in Section 1. 

“Advance Date” means, with respect to each specific Advance, the day on which We make such Advance to You. 

“Advance Request” means any request for an Advance to be executed and delivered from time to time by You to Us in the form attached to this
Agreement as Exhibit B. 
 “Affiliate” means, with respect to any Person, any Person that owns or controls directly or indirectly
such Person, any Person that controls or is controlled by or is under common control with such Person, and each of such Person’s senior executive officers, directors, and partners, and members. 

“Agreement” has the meaning given to it in the Preamble. 

“Availability Period” has the meaning set forth in the Table of Terms. 

“Business Day” means any day other than a Saturday, Sunday or other day on which banking institutions in the State of California are
authorized or required by law or other government action to close. 
 “Cash” means all cash, money, currency, and liquid funds, wherever
held, which any of You own now, hold or acquire any right, title, or interest in. 
 “Chattel Paper” means any “chattel paper,”
as such term is defined in the UCC, now owned or acquired by any of You or in which any of You now hold or acquire any interest. 
 “Closing
Date” means March 11, 2020. 
 “Collateral” has the meaning given to it in Section 8. 

“Collateral Agency Agreement” means that Collateral Agency Agreement entered into among Us as of the Closing Date, as the same may be
amended, restated, supplemented or otherwise modified from time to time. 
 “Collateral Agent” has the meaning given to it in the preamble.

 “Commitment Amount” has the meaning set forth in the Table of Terms. 

“Commitment Increase Request Notice” has the meaning given to it in Section 3. 

“Copyright License” means any written agreement granting to any of You any right to use any Copyright or Copyright registration in which
agreement You now hold or hereafter acquire any interest. 
 “Copyrights” means all of the following now owned or acquired by
any of You or in which any of You now hold or acquire any interest: (i) all copyrights and copyright rights, whether registered or unregistered, held pursuant to the laws of the United States, any State thereof, or of any other country, or
pursuant to any convention or treaty; (ii) all registrations of, applications for registration. and recordings of any copyright rights in the United States Copyright Office or in any similar office or agency of the United States, any State
thereof or any other country; (iii) all continuations, renewals or extensions of any copyrights and any registrations thereof; and (iv) any copyright registrations to be issued under any pending applications. 

“Debenture” means the English law Composite Guarantee and Debenture between ForgeRock Limited and Us issued in connection with this
Agreement. 
 “Default” means any event that, with the passage of time or notice or both would, unless cured or waived, become an Event of
Default. 
 “Default Rate” has the meaning given to it in Section 7. 

“Deposit Accounts” means any “deposit accounts,” as such term is defined in the UCC, now owned or acquired by any of You or in
which any of You now hold or acquire any interest. 
 “Documents” means any “documents,” as such term is defined in the UCC, now
owned or acquired by any of You or in which any of You now hold or acquire any interest. 

  
 26 

 “Domestic Subsidiary” means a Subsidiary organized under the laws of the United States or
any state or territory thereof or the District of Columbia. 
 “End of Term Payment” has the meaning set forth in the Table of Terms. 

“Equipment” means any “equipment,” as such term is defined in the UCC, and any and all additions, upgrades,
substitutions and replacements thereto or thereof, together with all attachments, components, parts, accessions and accessories installed thereon or affixed thereto, now owned or hereafter acquired by any of You or in which any of You now hold or
acquire any interest. 
 “ERISA” means the Employee Retirement Income Security Act of 1974. 

“Event of Default” has the meaning given to it in Section 14. 

“Excluded Agreements” means (i) the Warrant Agreements; and (ii) any stock purchase agreement, options, or other
warrants to acquire, or agreements governing the rights of, any capital stock or other equity security, or any common stock, preferred stock, or equity security issued to or purchased by Us or Our nominee or assignee. 

“Existing Loan Agreement” has the meaning given to it in the preamble. 

“Existing Warrant Agreement” means the certain Plain English Warrant Agreements dated March 30, 2016 and March 26, 2019 by You in
favor of TPVG. 
 “Facility Fee” has the meaning set forth in the Table of Terms. 

“Fixtures” means any “fixtures,” as such term is defined in the UCC, together with any of Your right, title and interest in and to
all extensions, improvements, betterments, renewals, substitutes, and replacements thereof, and all additions and appurtenances thereto any, now owned or hereafter acquired by any of You or in which any of You now hold or acquire any interest. 

“Foreign Subsidiary” means any Subsidiary that is not a Domestic Subsidiary. 

“GAAP” means generally accepted accounting principles, consistently applied, as in effect from time to time. 

“General Intangibles” means any “general intangibles,” as such term is defined in the UCC, and, in any event, includes proprietary
or confidential information (other than Intellectual Property); business records and materials (other than Intellectual Property); customer lists; interests in partnerships, joint ventures, corporations, limited liability companies and other
business associations; permits; claims in or under insurance policies (including unearned premiums and retrospective premium adjustments); and rights to receive tax refunds and other payments and rights of indemnification, now owned or acquired by
any of You or in which any of You may now or hereafter have any interest. 
 “Goods” means any “goods,” as such term is defined
in the UCC, now owned or hereafter acquired by any of You or in which any of You now hold or acquire any interest. 
 “Guarantor” means any
Person who from time to time may guaranty or provide collateral or other credit support for all or any portion of the Secured Obligations. 

“Indebtedness” means, of any Person, at any date, without duplication and without regard to whether matured or unmatured,
absolute or contingent: (i) all obligations of such Person for borrowed money; (ii) all obligations of such Person evidenced by bonds, debentures, notes, or other similar instruments; (iii) all obligations of such Person to pay the
deferred purchase price of property or services; (iv) all obligations of such Person as lessee under capital leases; (v) all obligations of such Person to reimburse or prepay any bank or other Person in respect of amounts paid under a
letter of credit, banker’s acceptance, or similar instrument, whether drawn or undrawn (provided that for all purposes hereunder the amount of obligations under any capital lease shall be the amount thereof accounted for as a liability in
accordance with Accounting Standards Codification 840 (regardless of whether or not then in effect) and without giving effect to Accounting Standards Codification 842 requiring operating leases to be recharacterized or treated as capital leases);
(vi) all obligations of such Person to purchase securities which arise out of or in connection with the sale of the same or substantially similar securities; (vii) all obligations of such Person to purchase, redeem, exchange, convert or
otherwise acquire for value any capital stock of such Person or any warrants, rights or options to acquire such capital stock, now or hereafter outstanding, except to the extent that (A) such obligations remain performable solely at the option
of such Person or (B) any such exchange or conversion is made solely for such capital stock; (viii) all obligations to repurchase assets previously sold (including any obligation to repurchase any accounts or chattel paper under any
factoring, receivables purchase, or similar arrangement); (ix) net obligations of such Person due upon termination under interest rate swap, cap, collar or similar hedging arrangements; and (x) all obligations of others of any type described in
clause (i) through clause (ix) above guaranteed by such Person. 

  
 27 

 “Indemnitee” has the meaning given to it in Section 13. 

“Insolvency Proceeding” means any proceeding in respect of bankruptcy, insolvency, winding up, receivership, dissolution or assignment for
the benefit of creditors, in each of the foregoing events whether under the United States Bankruptcy Code or any similar federal, state or foreign bankruptcy, insolvency, reorganization, receivership or similar law. 

“Instruments” means any “instrument,” as such term is defined in the UCC, now owned or hereafter acquired by any of You or in which
any of You now hold or acquire any interest. 
 “Intellectual Property” means all Copyrights; Trademarks; Patents; Licenses; source codes;
trade secrets; inventions (whether or not patented or patentable); technical information, processes, designs, knowledge and know-how; data bases; models; drawings; websites, domain names, and URLs, and all
applications therefor and reissues, extensions, or renewals thereof; together with the rights to sue for past, present, or future infringement of Intellectual Property and the goodwill associated with the foregoing. 

“Inventory” means any “inventory,” as such term is defined in the UCC, now owned or acquired by any of You or in which any of You
now hold or acquire any interest, and, in any event, shall include, without limitation, all Goods and personal property that are held by or on any of Your behalf for sale or lease or are furnished or are to be furnished under a contract of service
or that constitute raw materials, work in process or materials used or consumed or to be used or consumed in any of Your businesses, or the processing, packaging, promotion, delivery or shipping of the same, and all finished goods, whether or not
the same is in transit or in any of Your constructive, actual or exclusive possession or is held by others for any of Your account, including, without limitation, all property covered by purchase orders and contracts with suppliers and all goods
billed and held by suppliers and all such property that may be in the possession or custody of any carriers, forwarding agents, truckers, warehousemen, vendors, selling agents or other Persons. 

“Investment” means any beneficial ownership (including stock, partnership or limited liability company interest or other securities) of any
Person, or any loan, advance or capital contribution to any Person. 
 “Investment Property” means any “investment property,” as
such term is defined in the UCC, and includes any certificated security, uncertificated security, money market funds, bonds, mutual funds, and U.S. Treasury bills and notes now owned or hereafter acquired by any of You or in which any of You now
hold or acquire any interest. 
 “Joinder Agreement” means a joinder agreement in substantially the form attached hereto as Exhibit
E. 
 “Letter of Credit Rights” means any “letter of credit rights,” as such term is defined in the UCC, now owned or
acquired by any of You or in which any of You now hold or acquire any interest, including any right to payment under any letter of credit. 

“License” means any Copyright License, Patent License, Trademark License or other license of rights or interests now held or acquired by any
of You or in which any of You now hold or acquire any interest and any renewals or extensions thereof. 
 “Lien” means any mortgage, deed
of trust, pledge, hypothecation, assignment for security, security interest, encumbrance, levy, lien or charge of any kind, whether voluntarily incurred or arising by operation of law or otherwise, against any property, any conditional sale or other
title retention agreement, any lease in the nature of a security interest, and the filing of any financing statement (other than a precautionary financing statement with respect to a lease that is not in the nature of a security interest) under the
UCC or comparable law of any jurisdiction. 
 “Loan Documents” means this Agreement, the Promissory Notes, all UCC Financing Statements,
the Collateral Agency Agreement and applications for registration in connection with the Collateral and any other documents executed in connection with the Secured Obligations or the transactions contemplated hereby, including those documents
described on the Schedule of Documents attached hereto as Schedule 2, as the same may from time to time be amended, modified, supplemented or restated; provided, that the Loan Documents shall not include any of the Excluded Agreements.

 “Loan Term” has the meaning set forth in the Table of Terms. 

  
 28 

 “Material Adverse Effect” means a material adverse effect on (i) the business,
operations, properties, assets or condition (financial or otherwise) of all of You as a whole, (ii) the ability of You (taken as a whole) to perform the Secured Obligations when due in accordance with the terms of the Loan Documents or Our
ability to enforce any of Our rights and remedies with respect to the Secured Obligations in accordance with the terms of the Loan Documents, or (iii) the Collateral (taken as a whole) or Our Liens on the Collateral or the priority of such
Liens. 
 “Material Foreign Subsidiary” means any Foreign Subsidiary that (a) has total assets that represent more than 10% of Your
consolidated total assets, or (b) has gross revenues that represent more than 10% of Your consolidated gross revenues during any fiscal year. 

“Merger Event” means (i) any reorganization, consolidation or merger (or similar transaction or series of transactions) by any of You or
any of Your subsidiaries, with or into any other Person; (ii) any transaction, including the sale or exchange of outstanding shares of Your capital stock, or the capital stock of any of Your Subsidiaries, in which the holders of such
outstanding capital stock of the affected corporation immediately before consummation of such transaction or series of related transactions do not, immediately after consummation of such transaction or series of related transactions, retain capital
stock representing at least 50.0% of the voting power of the surviving corporation of such transaction or series of related transactions (or the parent corporation of such surviving corporation if such surviving corporation is wholly owned by such
parent corporation), in each case without regard to whether You or any of Your subsidiaries are the surviving corporation, or (iii) the sale, license or other disposition of all or substantially all of Your assets, or the assets of any of Your
subsidiaries. 
 “OFAC” means the United States Department of the Treasury’s Office of Foreign Assets Control. 

“Original Closing Date” means March 30, 2016. 

“Paid in Full” means, with respect to the Secured Obligations, that: (a) all of such Secured Obligations (other than (i) contingent
indemnification or reimbursement obligations not yet due and payable, or (ii) other obligations which, by their terms, survive termination of the documents relating to such Secured Obligations) have been paid, performed or discharged in full
(with all such Secured Obligations consisting of monetary or payment obligations having been paid in full in cash or cash equivalents), regardless of whether any such amounts are allowed or allowable in any Insolvency Proceeding, and (b) no
Person has any further right to obtain any Advances or other extensions of credit hereunder. “Payment in Full” and words of like import shall have a correlative meaning. 

“Part 2 Milestone” means You have issued and sold shares of Your Preferred Stock since the Closing Date for aggregate gross cash proceeds of
at least $30,000,000 (excluding any amounts received upon conversion or cancellation of indebtedness). 
 “Part Exposure” means, as of any
time of determination with respect to any Lender with respect to any Part, the sum of (a) the unfunded Commitment Amount of such Lender with respect to such Part and (b) the aggregate amount of such Lender’s portion of the aggregate
outstanding principal amount of Advances under such Part. 
 “Parts” has the meaning given to it in Section 3. 

“Patent License” means any written agreement granting to You any right with respect to any invention on which a Patent is in existence or
Patent application is pending in which agreement You now hold or acquire any interest. 
 “Patents” means all of the
following now owned or acquired by any of You or in which any of You now hold or acquire any interest: (a) all patents, or rights corresponding thereto, issued or registered in the United States or any other country, (b) all applications
for patents, or rights corresponding thereto in, the United States or any other country; (c) all reissues, reexaminations, continuations, divisions,
continuations-in-part, or extensions of the foregoing patents and/or applications; (d) all patents to be issued under any of the foregoing applications; and
(e) all foreign counterparts of the foregoing patents and/or applications. 
 “Patriot Act” means the USA PATRIOT Improvement and
Reauthorization Act of 2005. 
 “Permitted Indebtedness” means (a) Indebtedness of any of You in favor of Us;
(b) Indebtedness existing at the Closing Date and disclosed on Schedule 1; (c) Indebtedness incurred for the acquisition of services, supplies or inventory on normal trade credit in the ordinary course of business, (d) Subordinated
Indebtedness, (e) Indebtedness not to exceed $500,000 in the aggregate outstanding, secured by a Lien in clause (x) of the defined term “Permitted Liens”; (f) Indebtedness arising from the endorsement of instruments in the
ordinary course of business; (g) Indebtedness consisting of interest rate, currency or commodity swap agreement, interest rate cap or collar agreements or arrangements entered into in the ordinary course of business and designed to protect You
against fluctuations in interest rates, currency exchange rates or commodity prices; (h) guarantees of Permitted Indebtedness; (i) Indebtedness that otherwise constitutes a Permitted Investment; (j) To the extent constituting
Indebtedness, Indebtedness in 

  
 29 

 
connection with the financing of insurance premiums in the ordinary course of business, (k) to the extent constituting Indebtedness, Indebtedness in respect of netting services or overdraft
protection or otherwise in connection with deposit or securities accounts in the ordinary course of business; (l) reimbursement obligations under corporate credit cards incurred in the ordinary course of business, whether secured by Cash or
unsecured, provided that the portion of which that may be secured by Cash collateral may not exceed Three Hundred Thousand Dollars ($300,000) and if secured by Cash collateral Collateral Agent has a perfected subordinated Lien on such cash
collateral (m) Indebtedness (i) owing from a Borrower or Subsidiary that is a guarantor or Borrower to any other Borrower or guarantor or (ii) owing from a Borrower or Subsidiary that is a guarantor or Borrower to any Subsidiary that is
not a guarantor or Borrower not to exceed $500,000 at any time outstanding, and such Indebtedness is represented by a demand promissory note pledged and delivered to Us as additional Collateral for the Secured Obligations; (n) unsecured
Indebtedness not otherwise permitted hereunder not to exceed $500,000 at any time; (o) Indebtedness consisting of intercompany journal entries made in connection with cost sharing or transfer pricing transactions; and (p) extensions,
refinancings, modifications, amendments and restatements of any item of Permitted Indebtedness (a) though (o) above, provided that the principal amount thereof is not increased. 

“Permitted Investment” means (a) Investments that are in existence on the Closing Date; (b) Investments in domestic
certificates of deposit issued by, and other domestic investments with, financial institutions organized under the laws of the United States or a state thereof, having at least One Hundred Million Dollars ($100,000,000) in capital and a rating of at
least “investment grade” or “A” by Moody’s or any successor rating agency; (c) Investments in marketable obligations of the United States of America and in open market commercial paper given the highest credit rating by
a national credit agency and maturing not more than one year from the creation thereof; (d) so long as no Event of Default has occurred and is continuing, temporary advances to employees to cover incidental expenses to be incurred in the
ordinary course of business and advances on commissions incurred in the ordinary course of business,; (e) Investments (including debt obligations) received in connection with the bankruptcy or reorganization of customers or suppliers and in
settlement of delinquent obligations of, and other disputes with, customers or suppliers arising in the ordinary course of business; (f) money market funds at least ninety-five percent (95%) of the assets of which constitutes cash equivalents
of the kind described in clauses (b) through (c) of this definition; (g) Investments permitted by Your investment policy as amended from time to time, provided that a copy of such investment policy (and such amendments thereto) have been
provided to Us, (h) loans to employees, officers or directors relating to the purchase of equity securities of You or your Subsidiaries pursuant to employee stock purchase plans or agreements approved by Your Board of Directors and not to
exceed $100,000 in any calendar year; (i) Your deposit and investment accounts; (j) Investments consisting of notes receivable or of prepaid royalties and other credit extensions to customers and suppliers in the ordinary course of
business; (k) investments (including debt obligations) received in connection with the bankruptcy or reorganization of customers or suppliers in settlement of delinquent obligations of, and other disputes with, customers or suppliers arising in
the ordinary course of business; (l) joint ventures or strategic alliances in the ordinary course of Your business consisting of the nonexclusive licensing of technology, the development of technology or of providing of technical support,
provided the cash investment by You in such joint venture or strategic alliances is not more than $100,000; (m) Investments, inclusive of clause (n) of the defined term “Permitted Indebtedness”, (i) by a Borrower or Subsidiary that is
a guarantor in any other Borrower or guarantor or (ii) by a Borrower or Subsidiary that is a guarantor to any Subsidiary that is not a guarantor not to exceed $500,000 per fiscal; (n) Investments by a Borrower or Subsidiary that is a
guarantor to any Subsidiary that is not a guarantor not to exceed one quarter of operating expenses for such Subsidiary at any given time; and (o) Investments not otherwise permitted in an aggregate amount of not more than $500,000 in each
fiscal year. 
 “Permitted Liens” means any and all of the following: (i) Liens in favor of Collateral Agent; (ii) Liens for
taxes, fees, assessments or other governmental charges or levies, either not delinquent or being contested in good faith by appropriate proceedings, provided that such Liens do not have priority over any of the Liens of Collateral Agent and
You maintain adequate reserves in accordance with GAAP; (iii) Liens securing claims or demands of materialmen, artisans, mechanics, carriers, warehousemen, landlords and other like Persons arising in the ordinary course of Your business and
imposed without action of such parties, provided that the payment thereof is not yet required and that such Liens do not have priority over any of Liens of Collateral Agent; (iv) Liens arising from judgments, decrees or attachments in
circumstances which do not constitute an Event of Default hereunder; (v) the following deposits, to the extent made in the ordinary course of Your business: deposits under worker’s compensation, unemployment insurance, social security and
other similar laws, or to secure the performance of bids, tenders or contracts (other than for the repayment of borrowed money) or to secure indemnity, performance or other similar bonds for the performance of bids, tenders or contracts (other than
for the repayment of borrowed money) or to secure statutory obligations (other than Liens arising under ERISA or environmental Liens) or surety or appeal bonds, or to secure indemnity, performance or other similar bonds; (vi) Liens on insurance
proceeds in favor of insurance companies granted solely as security for financed premiums; (vii) Liens in favor of customs and revenue authorities arising as a matter of law 

  
 30 

 
to secure payments of custom duties in connection with the importation of goods; (viii) Liens in favor of financial institutions arising in connection with deposit or securities accounts
held at such financial institutions, provided that such Liens only secure fees and service charges and customary chargebacks or reversals of credits associated with such accounts; (ix) Liens existing on the Closing Date and disclosed on
Schedule 1; (x) purchase money Liens (including capital leases) securing Indebtedness not to exceed $500,000 (A) on Equipment acquired or held by any of You, incurred for financing the acquisition of that Equipment, or (B) existing on
Equipment when acquired by You, so long as, in each case, the Lien is confined to the specific Equipment and the proceeds of the Equipment; (xi) Liens securing Indebtedness of the types described in clause (m) of the definition of
Permitted Indebtedness so long as such Liens are limited to the Cash collateral, not to exceed Three Hundred Thousand Dollars ($300,000), and (x) Liens incurred in connection with the extension, renewal or refinancing of the Indebtedness
secured by Liens of the type described in clauses (i), (vi), (vii) and (xi) above, provided that any extension, renewal or replacement Lien shall be limited to the property encumbered by the existing Lien and the principal amount of the
Indebtedness being extended, renewed or refinanced (as may have been reduced by any payment thereon) does not increase. 
 “Person” means
any individual, sole proprietorship, partnership, joint venture, trust, unincorporated organization, association, corporation, limited liability company, institution, public benefit corporation, other entity or government (whether federal, state,
county, city, municipal, local, foreign, or otherwise, including any instrumentality, division, agency, body or department thereof). 
 “Prepayment
Fee” has the meaning given to it in Section 9. 
 “Prime Rate” means the rate of interest per annum from time to time
published in the money rates section of The Wall Street Journal or any successor publication thereto as the “prime rate” then in effect. 

“Pro Rata Share” means, as of any date of determination with respect to a Lender’s obligation to make all or a portion of any Advance
under any Part or such Lender’s right to receive payments of interest, fees, and principal with respect to such Part or Advances under such Part and with respect to all other computations and other matters related to such Part or Advances
thereunder, the percentage obtained by dividing (a) the Part Exposure of such Lender with respect to such Part by (b) the aggregate Part Exposure of all Lenders with respect to such Part. 

“Proceeds” means “proceeds,” as such term is defined in the UCC and, in any event, shall include, without limitation, (a) any
and all Accounts, Chattel Paper, Instruments, Cash or other proceeds payable to any of You from time to time in respect of the Collateral, (b) any and all proceeds of any insurance, indemnity, warranty or guaranty payable to any of You from
time to time with respect to any of the Collateral, (c) any and all payments (in any form whatsoever) made or due and payable to any of You from time to time in connection with any requisition, confiscation, condemnation, seizure or forfeiture
of all or any part of the Collateral by any governmental authority (or any Person acting under color of governmental authority), (d) the proceeds, damages, or recovery based on any claim of any of You against third parties (i) for past, present
or future infringement of any Copyright, Copyright License, Patent or Patent License, or (ii) for past, present or future infringement or dilution of any Trademark or Trademark License or for injury to the goodwill associated with any
Trademark, Trademark registration or Trademark licensed under any Trademark License; and (e) any and all other amounts from time to time paid or payable under or in connection with any of the Collateral. 

“Promissory Note” has the meaning given to it in Section 2. 

“PT” means Pacific Time. 

“Receivables” means (i) all of any of the Accounts, Instruments, Documents, Cash, Chattel Paper, Supporting Obligations, letters of
credit, proceeds of a letter of credit, and Letter of Credit Rights of any of You, and (ii) all customer lists, software, and related business records. 

“Secured Obligations” means Your joint and several obligations to repay to Us all Advances (whether or not evidenced by any Promissory Note),
together with all principal, interest, fees, costs, professional fees and expenses, and other liabilities or obligations for monetary amounts owed by any of You to Us, including the indemnity and insurance obligations in Sections 10, 13 and 20
hereof and including such amounts as may accrue or be incurred before or after default or workout or the commencement of any liquidation, dissolution, bankruptcy, receivership or reorganization by or against any of You, whether due or to become due,
matured or unmatured, liquidated or unliquidated, contingent or non-contingent, and all covenants and duties of any kind or nature, present or future, arising under this Agreement, the Promissory Notes, or any
of the other Loan Documents, as the same may from time to time be amended, modified, supplemented or restated, whether or not such obligations are partially or fully secured by the value of Collateral; provided, that the Secured Obligations
shall not include any of the Indebtedness or obligations of any of You arising under or in connection with the Excluded Agreements. 
  

  
 31 

 “Solvent” means, with respect to any Person on a particular date, that
on such date (a) the fair value of the property of such Person is greater than the total amount of liabilities, including contingent liabilities, of such Person; (b) the present fair salable value of the assets of such Person is not less
than the amount that will be required to pay the probable liability of such Person on its debts as they become absolute and matured in the ordinary course of business; (c) such Person does not intend to, and does not believe that it will, incur
debts or liabilities beyond such Person’s ability to pay as such debts and liabilities mature in the ordinary course of business; and (d) such Person is not engaged in a business or transaction, and is not about to engage in a business or
transaction, for which such Person’s property would constitute an unreasonably small capital. The amount of contingent liabilities (such as litigation, guaranties and pension plan liabilities) at any time shall be computed as the amount that,
in light of all the facts and circumstances existing at the time, represents the amount that can be reasonably be expected to become an actual or matured liability. 

“Subordinated Indebtedness” means Indebtedness (i) approved by Us and (ii) subordinated to the Secured Obligations on terms and
conditions acceptable to Us, including without limiting the generality of the foregoing, subordination of such Indebtedness in right of payment to the prior payment in full of the Secured Obligations, the subordination of the priority of any Lien at
any time securing such Indebtedness to Collateral Agent’s Liens in Your assets and properties, and the subordination of the rights of the holder of such Indebtedness to enforce its junior Lien following an Event of Default hereunder pursuant to
a written subordination agreement approved by Us. 
 “Subsidiary” means, with respect to any Person, any Person of which more than 50% of
the voting stock or other equity interests is owned or controlled, directly or indirectly, by such Person or one or more Affiliates of such Person. 

“Supporting Obligations” means any “supporting obligations,” as such term is defined in the UCC, now owned or acquired by any of
You or in which any of You now hold or hereafter acquire any interest. 
 “Table of Terms” means the table of terms on Page 1 and 2 of this
Agreement. 
 “TPC” means TriplePoint Capital LLC, a Delaware limited liability company. 

“TPVG” means TriplePoint Venture Growth BDC Corp., a Maryland corporation. 

“Trademark License” means any written agreement granting to You any right to use any Trademark or Trademark registration now owned or
hereafter acquired by any of You or in which agreement any of You now hold or hereafter acquire any interest. 
 “Trademarks” means all of
the following property now owned or hereafter acquired by any of You or in which any of You now hold or hereafter acquire any interest: (a) all trademarks, trade names, corporate names, business names, trade styles, service marks, logos, other
source or business identifiers, prints and labels on which any of the foregoing have appeared or appear, designs and general intangibles of like nature, now existing or hereafter adopted or acquired, all registrations and recordings thereof, and any
applications in connection therewith, including, without limitation, registrations, recordings and applications in the United States Patent and Trademark Office or in any similar office or agency of the United States, any State thereof or any other
country or any political subdivision thereof and (b) reissues, extensions or renewals thereof. 
 “Trading with the Enemy Act” means
the Trading with the Enemy Act of the United States of America (50 U.S.C. App. §§ 1 et seq.). 
 “UCC” means the Uniform
Commercial Code as the same is, from time to time, in effect in the State of California; provided, that in the event that, by reason of mandatory provisions of law, any or all of the attachment, perfection or priority of, or remedies with respect
to, Collateral Agent’s Lien on any Collateral is governed by the Uniform Commercial Code as the same is, from time to time, in effect in a jurisdiction other than the State of California, the term “UCC” shall mean the Uniform
Commercial Code as in effect, from time to time, in such other jurisdiction solely for purposes of the provisions thereof relating to such attachment, perfection, priority or remedies and for purposes of definitions related to such provisions.
Unless otherwise defined herein or in the other Loan Documents terms that are defined in the UCC and used herein or in the other Loan Documents shall have the meanings given to them in the UCC. 

“Upon Request and Additional Approval” has the meaning given to it in Section 3. 

  
 32 

 “Warrant Agreements” means (x) the Existing Warrant Agreements, (y) each of the
Warrant Agreements dated the date hereof between You and Each Lender issued in connection with this Agreement, and (z) any other warrant agreement between You and any Lender issued in connection with this Agreement. 

Unless otherwise specified, all references in this Agreement or any Annex or Schedule hereto to a “Section,” “subsection,”
“Exhibit,” “Annex,” or “Schedule” shall refer to the corresponding Section, subsection, Exhibit, Annex, or Schedule in or to this Agreement. The terms “herein,” “hereof” and “hereunder” and
other words of similar import refer to this Agreement as a whole, including all Exhibits, Annexes and Schedules, and not to any particular Section, subsection or other subdivision. 

Wherever from the context it appears appropriate, each term stated in either the singular or plural shall include the singular and the plural, and pronouns
stated in the masculine, feminine or neuter gender shall include the masculine, feminine and neuter genders. The words “including,” “includes” and “include” shall be deemed to be followed by the words “without
limitation,” the word “or” is not exclusive; references to Persons include their respective successors and assigns (to the extent and only to the extent permitted by this Agreement and the Loan Documents) or, in the case of
governmental Persons, Persons succeeding to the relevant functions of such Persons; and all references to statutes and related regulations shall include any amendments of the same and any successor statutes and regulations. Unless otherwise
specifically provided herein, any accounting term used in this Agreement or the other Loan Documents shall have the meaning customarily given such term in accordance with GAAP, and all financial computations hereunder shall be computed in accordance
with GAAP, consistently applied. 
 (Signatures to Follow) 

  
 33 

 IN WITNESS WHEREOF, the Parties have executed and delivered this Agreement as of the day and year
first above written. 
  

							
				
	BORROWER:	 		 	You:	 	FORGEROCK, INC.
				
		 		 	Signature:	 	 /s/ John Fernandez

				
		 		 	Print Name:	 	 John Fernandez

				
		 		 	Title:	 	 CFO

				
		 		 	You:	 	FORGEROCK US, INC.
				
		 		 	Signature:	 	 /s/ John Fernandez

				
		 		 	Print Name:	 	 John Fernandez

				
		 		 	Title:	 	 CFO

				
		 		 	You:	 	FORGEROCK LIMITED
				
		 		 	Signature:	 	 /s/ John Fernandez

				
		 		 	Print Name:	 	 John Fernandez

				
		 		 	Title:	 	 CFO

 [SIGNATURE PAGE TO AMENDED AND RESTATED PLAIN ENGLISH GROWTH CAPITAL LOAN AND SECURITY AGREEMENT] 

  
 34 

 IN WITNESS WHEREOF, the Parties have executed and delivered this Agreement as of the day and year
first above written. 
 Accepted in Menlo Park, California: 
  

							
				
	LENDERS:	 		 	Us:	 	TRIPLEPOINT VENTURE GROWTH BDC CORP.
				
		 		 	Signature:	 	 /s/ Sajal Srivastava

				
		 		 	Print Name:	 	 Sajal Srivastava

				
		 		 	Title:	 	 President

				
		 		 	TPC:	 	TRIPLEPOINT CAPITAL LLC
				
		 		 	Signature:	 	 /s/ Sajal Srivastava

				
		 		 	Print Name:	 	 Sajal Srivastava

				
		 		 	Title:	 	 President

				
	COLLATERAL AGENT:	 		 		 	TRIPLEPOINT VENTURE GROWTH BDC CORP.
				
		 		 	Signature:	 	 /s/ Sajal Srivastava

				
		 		 	Print Name:	 	 Sajal Srivastava

				
		 		 	Title:	 	 President

 [SIGNATURE PAGE TO AMENDED AND RESTATED PLAIN ENGLISH GROWTH CAPITAL LOAN AND SECURITY AGREEMENT] 

  
 35 

 Table of Exhibits and Schedules 

 

			
	 Exhibit A
	  	Form of Promissory Note
		
	 Exhibit B
	  	Form of Advance Request
		
	 Exhibit C
	  	Form of Certificate of Perfection
		
	 Exhibit D
	  	Form of Certificate of Compliance
		
	 Exhibit E
	  	Form of Joinder Agreement
		
	 Exhibit F
	  	Managerial Assistance Acknowledgement Letter
		
	 Schedule 1
	  	Indebtedness and Liens
		
	 Schedule 2
	  	Schedule of Documents

  
 36 

 EXHIBIT A 
  

 
 FORM OF PLAIN ENGLISH GROWTH CAPITAL PROMISSORY NOTE 

[Part [_]]/[TPVG/TPC] 

  
 37 

 EXHIBIT B 

FORM OF ADVANCE REQUEST 

  
 38 

 EXHIBIT C 

FORM OF CERTIFICATE OF PERFECTION 

  
 39 

 EXHIBIT D 

FORM OF CERTIFICATE OF COMPLIANCE 

  
 40 

 EXHIBIT E 

FORM OF JOINDER AGREEMENT 

  
 41 

 EXHIBIT F 

MANAGERIAL ASSISTANCE ACKNOWLEDGEMENT LETTER 

  
 42 

 SCHEDULE 1 

INDEBTEDNESS AND LIENS 

  
 43 

 SCHEDULE 2 

(SCHEDULE OF DOCUMENTS) 

  
 44EX-10.14

 Exhibit 10.14 

201 MISSION 
 SAN
FRANCISCO, CALIFORNIA 
 OFFICE LEASE AGREEMENT 

BETWEEN 
 CA-MISSION STREET LIMITED PARTNERSHIP, a Delaware limited partnership 
 (“LANDLORD”) 

AND 
 FORGEROCK, INC., a Delaware
corporation 
 (“TENANT”) 

SUITE 2900 

 Table of Contents 

 

							
			
	 1.
	 	Basic Lease Information	  	 	1	 
			
	 2.
	 	Lease Grant	  	 	3	 
			
	 3.
	 	Possession	  	 	4	 
			
	 4.
	 	Rent	  	 	5	 
			
	 5.
	 	Compliance with Laws; Use	  	 	6	 
			
	 6.
	 	Security for Lease	  	 	7	 
			
	 7.
	 	Building Services	  	 	7	 
			
	 8.
	 	Leasehold Improvements	  	 	9	 
			
	 9.
	 	Repairs and Alterations	  	 	10	 
			
	 10.
	 	Entry by Landlord	  	 	11	 
			
	 11.
	 	Assignment and Subletting	  	 	12	 
			
	 12.
	 	Liens	  	 	14	 
			
	 13.
	 	Indemnity and Waiver of Claims	  	 	14	 
			
	 14.
	 	Insurance	  	 	16	 
			
	 15.
	 	Subrogation	  	 	18	 
			
	 16.
	 	Casualty Damage	  	 	18	 
			
	 17.
	 	Condemnation	  	 	20	 
			
	 18.
	 	Events of Default	  	 	20	 
			
	 19.
	 	Remedies	  	 	21	 
			
	 20.
	 	Landlord Default; Limitation of Liability	  	 	24	 
			
	 21.
	 	Intentionally Omitted	  	 	25	 
			
	 22.
	 	Holding Over	  	 	25	 
			
	 23.
	 	Subordination to Mortgages; Estoppel Certificate	  	 	26	 
			
	 24.
	 	Notice	  	 	27	 
			
	 25.
	 	Surrender of Premises	  	 	27	 
			
	 26.
	 	Miscellaneous	  	 	27	 

  
 i 

 The following exhibits and attachments are incorporated into and made a part of this Lease: 

Exhibit A—Outline and Location of Premises 

Exhibit B – Expenses, Taxes and Insurance Expenses 

Exhibit C – Work Agreement 
 Exhibit D –
Commencement Letter 
 Exhibit E – Building Rules and Regulations 

Exhibit F – Additional Provisions 
 Exhibit G
– Parking Agreement 
 Exhibit H – Form of Letter of Credit 
  

  
 ii 

 OFFICE LEASE AGREEMENT 

THIS OFFICE LEASE AGREEMENT (this “Lease”) is entered into as of ______, 2014 (the “Effective Date”),
by and between CA-MISSION STREET LIMITED PARTNERSHIP, a Delaware limited partnership (“Landlord”) and FORGEROCK, INC., a Delaware corporation
(“Tenant”). 
  

	1.	 Basic Lease Information. 

 

	 	1.01	 “Building” means the building located at 201 Mission Street, San Francisco, California,
commonly known as 201 Mission. “Rentable Area of the Building” is deemed to be 483,528 square feet. 

  

	 	1.02	 “Premises” means the area shown on Exhibit A to this Lease. The Premises
consists of Suite 2900 on the twenty-ninth (29th) floor of the Building, which suite constitutes the entirety of the 29th floor. All corridors and restroom facilities located on the 29th floor (and any other full floor which may in the future be
occupied by Tenant) shall be considered part of the Premises. The “Rentable Area of the Premises” is deemed to be 15,744 square feet. All Rentable Area referred to herein is calculated in accordance with the “Standard Method
For Measuring Floor Area in Office Buildings” approved June 7, 1996, by the American National Standards Institute and the Building Owners and Managers Association International (ANSI/BOMA Z65.1-1996)
as interpreted and applied by Landlord’s measurement firm to the Building. Landlord and Tenant stipulate and agree that the Rentable Area of the Building and the Premises as set forth herein are correct. If and to the extent that the Premises
is exclusively served by an exterior deck, such exterior deck shall not be deemed a portion of the Premises for the purposes of the calculation of the rentable area of the Premises for the payment of Base Rent, but such exterior deck shall be deemed
a part of the Premises for the purpose of Tenant’s indemnity and insurance obligations set forth in this Lease. 

  

	 	1.03	 “Base Rent”: 

 

									
	 Months of Term
	  	Annual Rate
Per Rentable
Square Foot	 	  	Monthly
Base Rent	 
	 Month 1* - Month 12
	  	$	67.00	 	  	$	87,904.00	** 
	 Month 13 - Month 24
	  	$	69.01	 	  	$	90,541.12	** 
	 Month 25 - Month 36
	  	$	71.08	 	  	$	93,256.96	 
	 Month 37 - Month 48
	  	$	73.21	 	  	$	96,051.52	 
	 Month 49 - Month 60
	  	$	75.41	 	  	$	98,937.92	 
	 Month 61 - Month 72
	  	$	77.67	 	  	$	101,903.04	 
	 Month 73 - Month 84
	  	$	80.00	 	  	$	104,960.00	 

  

	 	*	 If the Commencement Date is other than the first (1st) day. of a calendar month, “Month 1” shall be
the first full calendar month of the Term plus any partial calendar month in which Commencement Date occurs, and in such event, Tenant shall pay the prorated amount of the monthly installment of Base Rent for such partial calendar month on the
Commencement Date 

  
 1 

	 	**	 Subject to abatement as set forth in Section 4.02 

 

	 	1.04	 “Tenant’s Share”: 3.256% (i.e., 15,744/483,528). 

 

	 	1.05	 “Base Year” for Taxes (defined in Exhibit B): 2015; “Base Year”
for Expenses (defined in Exhibit B): 2015; “Base Year” for Insurance Expenses (defined in Exhibit B): 2015. 

  

	 	1.06	 “Term”: 

The period commencing on the Commencement Date (defined below) and, unless terminated earlier in accordance with this Lease, ending on the
last day of the seventh (7th) full calendar month of the Term (the “Termination Date”). The “Commencement Date” shall be the later of (i) the date on which the Tenant Improvements (defined in
Section 1.15) are Substantially Complete (defined in the Work Agreement), and (H) the earlier of (a) February 1, 2015, or (b) the date upon which Tenant, or any party claiming by, through or under Tenant occupies any portion
of the Premises for the purpose of conducting business in the Premises. The parties anticipate that the Tenant Improvements will be Substantially Complete on or about February 1, 2015 (the “Target Commencement Date”). 

 

	 	1.07	 “Parking Rights”: Two (2) stalls. 

 

	 	1.08	 Allowance(s): $511,680.00 

 

	 	1.09	 “Letter of Credit”: $731,226.67 (See Exhibit F, Section 1). 

 

	 	1.10	 “Guarantor(s)”: None. 

 

	 	1.11	 “Broker(s)”: Jones Lang LaSalle, representing Landlord, and Cushman & Wakefield of
California representing Tenant. 

  

	 	1.12	 “Permitted Use”: General office and administrative use. 

 

	 	1.13	 “Notice Address(es)”: 

 

			
	 Landlord:
 Jones Lang LaSalle Americas, Inc.

201 Mission Street, Suite 250
 San Francisco, California 94105

Attn: General Manager
  

and:
  
	  	 Tenant:
 Prior to the Commencement Date:

 
 33 New Montgomery Street

Suite 1150
 San Francisco, California 94105

Attn: Legal
  

  
 2 

			
	 CA-Mission Street Limited

Partnership do LaSalle Investment
 Management, Inc.

3344 Peachtree Road NE, Ste. 1200
 Atlanta, GA 30326

Attn: Caleb Brenneman
  

With a copy to:
  

Shartsis Friese LLP
 One Maritime Plaza, 18th Floor

San Francisco, California 94111
 Attn: Jonathan M.
Kennedy
	  	 From and after the
 Commencement Date:

 
 At the Premises

 
 With a copy to:

 
 Hopkins & Carley. ALC

200 Page Mill Road, Suite 200
 Palo Alto, California 94306

Attn: David W. Brown, Esq.

 Rent Payments: Rent shall be payable to “CA-Mission
Street Limited Partnership” at the following address: 
 CA-Mission Street Limited
Partnership 
 Jones Lang LaSalle Americas as Agent 

39481 Treasury Center 
 Chicago,
IL 60694-9400 
  

	 	1.14	 “Business Day(s)” are Monday through Friday of each week, exclusive of New Year’s
Day, Presidents Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day (“Holidays”). Landlord may designate additional Holidays that are commonly recognized by other office buildings in the area where the
Building is located. “Building Service Hours” are 7:00 A.M. to 6:00 P.M. on Business Days and 9:00 A.M. to 1:00 P.M. on Saturdays (other than Holidays). 

 

	 	1.15	 “Tenant Improvements” mean the work that Landlord will perform on Tenant’s behalf
in the Premises, pursuant to the work agreement, attached to this Lease as Exhibit C (the “Work Agreement”). 

  

	 	1.16	 “Property” means the Building and the parcel(s) of land on which it is located and, at
Landlord’s discretion, the parking facilities and other improvements, if any, serving the Building and the parcel(s) of land on which they are located. 

  

	2.	 Lease Grant 

The Premises are hereby leased to Tenant from Landlord for the Term, together with the right to use the Common Areas, subject to the terms and
conditions of this Lease. For purposes of this Lease, “Common Areas” mean those certain areas and facilities of the Building and other improvements on the Property which are from time to time provided by Landlord for the use in
common of tenants of the Building and their employees, clients, customers, licensees and invitees or for use by the public, which facilities and improvements include any and all common corridors, elevator foyers, the lobby, vending areas, bathrooms
on multi-tenant floors, electrical and telephone rooms, mechanical rooms, janitorial areas and other similar facilities of the Building and any and all grounds, landscaped areas, outside sitting areas, sidewalks, walkways and pedestrianways. 

  
 3 

	3.	 Possession. 

3.01    Subject to Landlord’s obligation to perform its maintenance obligations as set forth herein and to complete
the Tenant Improvements, Tenant is leasing the Premises in “as-is, where is” condition, without any obligation on the part of Landlord to make or pay for any improvements therein except as expressly
set forth in this Lease. Subject to the foregoing, no representation or warranty, express or implied, has been made by Landlord with respect to any matter whatsoever, including the condition of the Premises or the Building, the suitability of the
Premises or the Building for Tenant’s particular use, or any other conditions that may affect Tenant’s use and enjoyment of the Premises or the Building. No rights to any view or to light or air over the Building or any other property,
whether belonging to Landlord or any other person, are granted to Tenant by this Lease. Landlord’s failure to Substantially Complete the applicable portion of the Tenant Improvements by the Target Commencement Date (described in
Section 1.06) shall not be a Landlord Default or otherwise render Landlord liable for damages. Landlord shall not be liable for a failure to deliver possession of the Premises or any other space due to the holdover or unlawful possession of
such space by another party, provided, however, Landlord shall use commercially reasonable efforts to obtain possession of any such space. Except as provided in Section 3.02 below, Tenant shall not be permitted to take possession of or enter
the Premises prior to the Commencement Date without Landlord’s permission. Promptly after the determination of the Commencement Date, Landlord and Tenant shall execute and deliver a letter in the form attached hereto as Exhibit D (the
“Commencement Letter”). Tenant’s failure to execute and return the Commencement Letter, or to provide a good faith written objection to the statements contained in the Commencement Letter, within ten (10) Business Days
after the delivery of the Commencement Letter to Tenant, shall be deemed an approval by Tenant of the statements contained therein. 

3.02    Subject to the terms and conditions of this Lease including, without limitation, Section 13, and provided
Landlord has received the pre-paid Base Rent required by Section 4.01 below, the Letter of Credit and evidence of Tenant’s procurement of all insurance coverage required hereunder, Tenant, at
Tenant’s sole risk, shall be permitted to enter the Premises from and after the date that is fourteen (14) days prior to the date that Landlord anticipates to be the Commencement Date, solely for the purpose of installing furniture,
fixtures and equipment. Landlord may withdraw such permission for Tenant to enter the Premises, if Landlord reasonably determines that such entry is causing a dangerous situation for Landlord, Tenant, Tenant’s vendors and contractors or other
tenants in the Building or is delaying or materially interfering with the progress of any work within the Building. Tenant will have no obligation to pay Rent during such early access period, except for the cost of services requested by Tenant
(e.g., after hours HVAC service, after hours security, etc.), unless Tenant commences business operations in the Premises during such early access period. If Tenant so commences business operations in the Premises, then the Commencement Date shall
be deemed to have occurred on the date that Tenant commences such business operations. 

  
 4 

	4.	 Rent. 

4.01    From and after the Commencement Date, Tenant shall pay Landlord, without any setoff or deduction, unless expressly
set forth in this Lease, all Base Rent and Additional Rent due for the Term (collectively referred to as “Rent”). “Additional Rent” means all sums (exclusive of Base Rent) that Tenant is required to pay
Landlord under this Lease. Tenant shall pay and be liable for all rental, sales and use taxes (but excluding income taxes), if any, imposed upon or measured by Rent. Base Rent and recurring monthly charges of Additional Rent shall be due and payable
in advance on the first day of each calendar month without notice or demand, provided that the installment of Base Rent attributable to the first (1st) full calendar month of the Term shall be due concurrently with the execution of this Lease by
Tenant. All other items of Rent shall be due and payable on or before thirty (30) days after billing by Landlord. Rent shall be made payable to the entity, and sent to the address, that Landlord designates and shall be made by good and
sufficient check or by other means acceptable to Landlord. Landlord may return to Tenant, at any time within fifteen (15) days after receiving same, any payment of Rent (a) made following any Default (irrespective of whether Landlord has
commenced the exercise of any remedy), or (b) that is less than the amount due. Each such returned payment (whether made by returning Tenant’s actual check, or by issuing a refund in the event Tenant’s check was deposited) shall be
conclusively presumed not to have been received or approved by Landlord. If Tenant does not pay any Rent when due hereunder, Tenant shall pay Landlord an administration fee in the amount of five percent (5%) of the past due amount. Notwithstanding
the foregoing, Landlord will not assess a late charge until Landlord has delivered written notice to Tenant of such late payment for the first late payment in any twelve (12) month period and after Tenant has not cured such late payment within
three (3) days from receipt of such notice. No other notices will be required during the following twelve (12) months for a late charge to be incurred. In addition, past due Rent shall accrue interest at a rate equal to the lesser of
(i) twelve percent (12%) per annum or (ii) the maximum legal rate, and Tenant shall pay Landlord a fee for any checks returned by Tenant’s bank for any reason. To ascertain whether any interest payable exceeds the legal limits
imposed, any non-principal payment (including the administration fee) shall be considered to the extent permitted by Law to be an expense or a fee, premium or penalty, rather than interest. Landlord’s
acceptance of less than the correct amount of Rent shall be considered a payment on account of the oldest obligation due from Tenant hereunder, then to any current Rent then due hereunder, notwithstanding any statement to the contrary contained on
or accompanying any such payment from Tenant. Rent for any partial month during the Term shall be prorated. No endorsement or statement on a check or letter accompanying payment shall be considered an accord and satisfaction. Accordingly, Tenant
hereby waives the provisions of California Uniform Commercial Code §3311 (and any similar Law that would permit an accord and satisfaction contrary to the provisions of this Section 4.01). Any partial payment shall be treated as a payment
on account, and Landlord may accept such payment without prejudice to Landlord’s right to recover any balance due or to pursue any other remedy permitted by this Lease. No payment, receipt or acceptance of Rent following (a) any. Default;
(b) the commencement of any action against Tenant; (c) termination of this Lease or the entry of judgment against Tenant for possession of the Premises; or (d) the exercise of any other remedy by Landlord, shall cure the Default,
reinstate the Lease, grant any relief from forfeiture, continue or extend the Term, or otherwise affect or constitute a waiver of Landlord’s right to or exercise of any remedy, including Landlord’s right to terminate the Lease and recover
possession of the Premises; provided, however, the full payment of all amounts required to cure any Monetary Default shall operate to cure said Default if paid within the time period provided in this Lease. The foregoing constitutes actual notice to
Tenant of the provisions of California Code of Civil Procedure §1161.1(c). 

  
 5 

 4.02    Notwithstanding Section 4.01 above to the contrary, so long
as Tenant is not in Default, Tenant shall be entitled to an abatement of Base Rent for the first four (4) full calendar months of the Term (in the amount of $351,616, plus a portion of the fifth (5th) full calendar month of the Term (in the
amount of $53,158.69) (the “Abatement Period”). The total amount of Base Rent abated during the Abatement Period, in the amount of $404,774.69, is referred to herein as the “Abated Rent”. If Tenant is in Default at any time prior
to the expiration of the Abatement Period, there will be no further abatement of Base Rent pursuant to this Section 4.02. 

4.03    Tenant shall pay Tenant’s Share of Taxes, Insurance Expenses and Expenses in accordance with Exhibit B
of this Lease. In addition, Tenant shall pay before delinquency any and all taxes levied or assessed and which become payable by Tenant (or directly or indirectly by Landlord) during the Term (excluding, however, state and federal personal or
corporate income taxes measured by the net income of Landlord from all sources, capital stock taxes, and estate and inheritance taxes), whether or not now customary or within the contemplation of the parties hereto, which are based upon, measured by
or otherwise calculated with respect to: (i) the gross or net rental income of Landlord under this Lease, including, without limitation, any gross receipts tax levied by any taxing authority, or any other gross income tax or excise tax levied
by any taxing authority with respect to the receipt of the rental payable hereunder, except to the extent Landlord elects to include any of the foregoing in Taxes; (ii) the value of Tenant’s equipment, furniture, fixtures or other personal
property located in the Premises; (iii) the possession, lease, operation, management, maintenance, alteration, repair, use or occupancy by Tenant of the Premises or any portion thereof; (iv) the value of any leasehold improvements,
alterations or additions made in or to the Premises, regardless of whether title to such improvements, alterations or additions shall be in Tenant or Landlord; or (v) this transaction or any document to which Tenant is a party creating or
transferring an interest or an estate in the Premises. 
  

	5.	 Compliance with Laws; Use. 

The Premises shall be used for the Permitted Use and for no other use whatsoever. Tenant shall comply with all statutes, codes, ordinances,
orders, rules and regulations of any municipal or governmental entity whether in effect now or later, including the Americans with Disabilities Act (“Law(s)”), regarding the operation of Tenant’s business and the use (other
than for general office use), condition, configuration and occupancy of the Premises. In addition, Tenant, at its sole cost and expense, will promptly comply with any Laws that relate to the “Base Building” (defined below), but only to the
extent such obligations are triggered by Tenant’s use of the Premises (other than for general office use) or Alterations or improvements in the Premises performed by or on behalf of Tenant. “Base Building” shall mean the
structural portions of the Building, the public restrooms and the Building mechanical, electrical, fire/life-safety and plumbing systems and equipment. Tenant shall promptly provide Landlord with copies of any notices it receives regarding an
alleged violation of Law in connection with the Premises. Tenant shall not exceed the standard density limit for the Building (i.e., one (1) person per every 200 square feet of Rentable Area of the Premises (the “Standard
Density”)). Notwithstanding the foregoing, Tenant may occupy the Premises at a density greater than the Standard Density (but no greater than one (1) person for every 143 square feet of Rentable Area), provided that such occupancy
density is in 

  
 6 

 
compliance with applicable Law; however, Tenant acknowledges that the Building’s HVAC and electrical systems are not designed to service space occupied at a density greater than the Standard
Density, and, as a consequence, if and to the extent that Tenant desires additional HVAC services or electrical infrastructure to service any portion of the Premises as a result of Tenant’s occupancy of any portion of the Premises at a density
greater than the Standard Density, Tenant will bear the actual cost of providing such additional HVAC service or electrical infrastructure, and, further, if and to the extent that pursuant to applicable Law, any changes to the Base Building or
Premises are necessitated as a consequence of such increased occupancy density, Tenant shall be solely responsible for the cost of such changes (which may be carried out by Landlord for the account of Tenant). Tenant shall comply with the rules and
regulations attached hereto as Exhibit E and such other reasonable rules and regulations adopted by Landlord from time to time, including rules and regulations for the performance of Alterations (defined in Section 9.03). Landlord, at
its sole cost and expense (except to the extent properly included in Expenses), shall be responsible for correcting any violations of Title III of the Americans with Disabilities Act with respect to the Common Areas. Such responsibility shall extend
to correcting any violations of Title III of the Americans with Disabilities Act with respect to the restrooms located on the 29th floor that are a part of Tenant’s Premises, but solely with respect to correcting any violations that are
triggered by the construction of the Tenant Improvements, and any alterations or improvements necessary in connection with such violations shall be performed by Landlord at its sole cost and expense. In all other cases, Landlord’s obligation to
correct any violations of Title III of the Americans with Disabilities Act with respect to the Premises shall be limited to violations that arise out of the condition of the Premises prior to the construction of the Tenant Improvements and the
installation of any furniture, equipment and other personal property of Tenant. Notwithstanding the foregoing, Landlord shall have the right to contest any alleged violation in good faith, including, without limitation, the right to apply for and
obtain a waiver or deferment of compliance, the right to assert any and all defenses allowed by Law and the right to appeal any decisions, judgments or rulings to the fullest extent permitted by Law. Notwithstanding the foregoing, Tenant, not
Landlord, shall be responsible for the correction of any violations that arise out of or in connection with the specific nature of Tenant’s business in the Premises (other than general office use) and/or the acts or omissions of Tenant, its
agents, employees or contractors, Tenant’s arrangement of any furniture, equipment or other property in the Premises, any repairs, or alterations performed by or on behalf of Tenant and any design or configuration of the Premises specifically
requested by Tenant. 
  

	6.	 Security for Lease. 

6.01    Tenant shall provide the Letter of Credit, pursuant to the provisions of Exhibit F attached hereto, which Letter of
Credit shall be delivered to Landlord within five (5) Business Days after the execution of this Lease by Tenant. 
  

	7.	 Building Services. 

7.01    Landlord shall furnish Tenant with the following services: (a) water for use in the Base Building lavatories;
(b) heat and air conditioning in season during Building Service Hours, although (i) Tenant shall have the right to receive HVAC service during hours other than Building Service Hours by paying Landlord’s then standard charge for
additional HVAC service and providing prior notice as is set forth below (Landlord’s charge for additional HVAC service shall be based on a minimum of four (4) hours of usage), and (ii) connection of Tenant supplemental

  
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HVAC unit to the Building’s condenser water loop or chilled water line as set forth below; (c) janitorial service on Business Days; (d) elevator service; (e) electricity in
accordance with the terms and conditions of Section 7.02; (f) access to the Building for Tenant and its employees twenty-four (24) hours per day/7 days per week, subject to the terms of this Lease and such protective services or monitoring
systems, if any, as Landlord may reasonably impose, including, without limitation, sign-in procedures and/or presentation of identification cards; (g) lobby attendants on a twenty-four (24) hours per
day/7 days per week, 365 days per year basis; (h) access to and reasonable use of the Building’s bicycle storage room at no charge to Tenant; and (i) such other services as Landlord reasonably determines are necessary or appropriate
for the Property. If Landlord, at Tenant’s request, provides any services which are not Landlord’s express obligation under this Lease, including, without limitation, any repairs which are Tenant’s responsibility pursuant to
Section 9 below, Tenant shall pay Landlord, or such other party designated by Landlord, the cost of providing such service plus a reasonable administrative charge. 

HVAC service during hours other than Building Service Hours requires at least twenty-four (24) hours prior notice to Landlord, and can be
requested for either “Economizer” service, or for “fan only” service. Full HVAC service during hours other than Building Service Hours requires at least one (1) week prior notice to Landlord. Landlord’s charges for such
services as of the Effective Date are as follows: 
 Economizer:     $50.00 per hour, four hour minimum, plus a $25.00
programming fee 
 Fan Only:         $180.00 per hour, four hour minimum, plus engineering and labor
costs 
 Full HVAC:     $230.00 per hour, four hour minimum, plus engineering and labor costs 

Tenant may connect a five (5) ton supplemental cooling unit to the Building’s condenser water loop or chilled water line,
conditioned upon Landlord having adequate excess capacity from time to time, and subject to Landlord’s review and approval of the plans for construction, and use of a contractor approved in advance by Landlord, which approval will not be
unreasonably withheld. Such use is subject to reasonable restrictions imposed by Landlord, and in connection therewith, Tenant shall be responsible for supplying a circulation pump properly sized for the water supply between supply and return
condenser risers with enough capacity to circulate condensing water through the Building cooling tower(s) and installation of a sub-meter for electrical demand. Landlord shall charge Tenant a monthly usage fee
at Landlord’s then current rates, and such monthly usage fee shall constitute Additional Rent hereunder. In addition, Tenant may use the existing three (3) ton unit already installed in the Premises server room, on all of the same terms
and conditions. 
 7.02    Electricity used by Tenant in the Premises shall be paid for by Tenant through inclusion in
Expenses (except as provided for excess usage). Without the consent of Landlord, Tenant’s use of electrical service shall not exceed Building standard usage, per square foot, as reasonably determined by Landlord, based upon the Building
standard electrical design load. Landlord shall have the right to measure electrical usage by commonly accepted methods, including the installation of measuring devices such as submeters and check meters. If it is determined that Tenant is using
electricity in such quantities or during such periods as to cause the total cost of Tenant’s electrical usage, on a monthly, per-rentable-square-foot basis, to materially exceed that which Landlord
reasonably deems to be standard for the Building, Tenant shall pay Landlord Additional Rent for the cost of such excess electrical usage and, if applicable, for the cost of purchasing and installing the measuring device(s). 

  
 8 

 7.03    Landlord’s failure to furnish, or any interruption,
diminishment or termination of services due to the application of Laws, the failure of any equipment, the performance of a maintenance, repairs, improvements or alterations, utility interruptions or the occurrence of an event of Force Majeure
(defined in Section 26.04) (collectively a “Service Failure”) shall not render Landlord liable to Tenant, constitute a constructive eviction of Tenant, give rise to an abatement of Rent, nor relieve Tenant from the obligation
to fulfill any covenant or agreement. Tenant hereby waives the provisions of California Civil Code Section 1932(1) or any other applicable existing or future law, ordinance or governmental regulation permitting the termination of this Lease due
to an interruption, failure or inability to provide any services. However, if Tenant is unable to operate, and does not operate, its business from the Premises, or a material portion of the Premises, for a period in excess of five
(5) consecutive Business Days (and the Premises are not being used by Tenant) as a result of a Service Failure that is reasonably within the control of Landlord to correct, then Tenant, as its sole remedy, shall be entitled to receive an
abatement of Rent payable hereunder during the period beginning on the sixth (6th) consecutive Business Day of the Service Failure and ending on the day the service has been restored. If Tenant is unable to operate, and does not operate, its
business from less than the entire Premises as provided herein due to the Service Failure, the amount of abatement shall be equitably prorated. 
  

	8.	 Leasehold Improvements. 

All improvements in and to the Premises, including any Alterations (defined in Section 9.03) (collectively, “Leasehold
Improvements”) shall remain upon the Premises at the end of the Term without compensation to Tenant, provided that Tenant, at its expense, shall remove all Cable (defined in Section 9.01 below). In addition, Landlord, by written notice
delivered to Tenant at least 30 days prior to the Termination Date, may require Tenant, at Tenant’s expense, to remove any Alterations (the Cable and such other items collectively are referred to as “Required Removables”). At
the time of approval by Landlord of the final plans for the Tenant Improvements, Landlord shall inform Tenant as to which, if any, of the Tenant Improvements will constitute Required Removables. Required Removables shall include, without limitation,
internal stairways, raised floors, personal baths and showers, vaults, supplemental HVAC units (and associated mechanical infrastructure), rolling file systems and structural alterations and modifications and specialized non-standard office improvements (game room, bowling alley, etc.). Notwithstanding the foregoing, Tenant, at the time it requests approval for a proposed Alteration, including any initial Alterations or Tenant
Improvements, may request in writing that Landlord advise Tenant whether the improvement is a Required Removable. In such event, if Landlord approves the Alteration(s) in question, Landlord shall advise Tenant concurrently with such approval as to
which portions of the proposed Alterations or other improvements are Required Removables. Required Removables shall be removed by Tenant before the Termination Date. Tenant shall repair damage caused by the installation or removal of Required
Removables to Landlord’s reasonable satisfaction. If Tenant fails to perform its obligations in a timely manner, Landlord may perform such work at Tenant’s expense. 

  
 9 

	9.	 Repairs and Alterations. 

9.01    Tenant, at its sole cost and expense, shall perform all maintenance and repairs to the Premises that are not
Landlord’s express responsibility under this Lease, and keep the Premises in the same condition and repair as received, reasonable wear and tear excepted, and casualty and condemnation damage, as to which Sections 16 and 17 shall control.
Tenant’s repair and maintenance obligations include, without limitation, repairs to: (a) floor covering; (b) interior partitions; (c) doors; (d) the interior side of demising walls; (e) Alterations; (f) supplemental air
conditioning units, kitchens, including hot water heaters, plumbing, and similar facilities exclusively serving the Premises, whether such items are installed by Tenant or are currently existing in the Premises and whether such items are located
within or outside of the Premises; and (g) electronic, fiber, phone and data cabling and related equipment installed by or for the exclusive benefit of Tenant (collectively, “Cable”). All repairs and other work performed by
Tenant or its contractors, including that involving Cable, shall be subject to the terms of Section 9.03 below. If Tenant fails to make any repairs to the Premises for more than fifteen (15) days after notice from Landlord (although notice
shall not be required in an emergency), Landlord may make the repairs and Tenant shall pay the reasonable cost of the repairs, together with an administrative charge equal to ten percent (10%) of the cost of the repairs. 

9.02    Landlord shall keep and maintain in good repair and working order and perform maintenance upon the: (a) Base
Building; (b) mechanical (including HVAC), electrical, plumbing and fire/life safety systems serving the Building in general (the “Building Systems”); (c) Common Areas; (d) roof of the Building, including its membrane;
(e) exterior windows of the Building; and (f) elevators. Tenant hereby waives any and all rights under and benefits of subsection 1 of Section 1932, and Sections 1941 and 1942 of the California Civil Code, or any similar or successor
Laws now or hereafter in effect. 
 9.03    Tenant shall not make alterations, repairs, additions or improvements to the
Premises or install any Cable within or outside of the Premises (collectively referred to as “Alterations”) without first obtaining the written consent of Landlord in each instance, which consent shall not be unreasonably withheld
or delayed. However, Landlord’s consent shall not be required for any Alteration that satisfies all of the following criteria (a “Cosmetic Alteration”): (a) is of a cosmetic nature such as painting, wallpapering, hanging
pictures and installing carpeting; (b) is not visible from the exterior of the Premises or Building; (c) will not affect the Base Building (defined in Section 5); (d) does not require work to be performed inside the walls or above the
ceiling of the Premises; (e) will not create excessive noise or result in the dispersal of odors or debris (including dust or airborne particulate matter); (f) costs less than $50,000.00; and (g) does not require the issuance of a
construction permit. Cosmetic Alterations shall be subject to all the other provisions of this Section 9.03. Prior to starting any work, Tenant shall furnish Landlord with detailed plans and specifications (which shall be in CAD format if
requested by Landlord) prepared by a duly licensed architect or engineer; names of contractors reasonably acceptable to Landlord (provided that Landlord may designate specific contractors with respect to Base Building, Building Systems and vertical
Cable, as may be described more fully below); required permits and approvals; evidence of contractor’s and subcontractor’s insurance in form and amounts reasonably required by Landlord; and any security for performance in amounts
reasonably required by Landlord. Landlord may designate specific contractors with respect to oversight, installation, repair, connection to, and removal of vertical Cable. All Cable shall be 

  
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clearly marked with adhesive plastic labels (or plastic tags attached to such Cable with wire) to show Tenant’s name, suite number, and the purpose of such Cable (i) every 6 feet
outside the Premises (specifically including, but not limited to, the electrical room risers and any Common Areas), and (ii) at the termination point(s) of such Cable. All changes to plans and specifications must also be submitted to Landlord
for its approval, which approval will not be unreasonably withheld. Alterations shall be constructed in a good and workmanlike manner using materials of a quality reasonably approved by Landlord, and Tenant shall ensure that no Alteration impairs
any Building system or Landlord’s ability to perform its obligations hereunder. Landlord’s consent shall be deemed to have been reasonably withheld if the proposed Alterations could (a) affect any structural component of the Building;
(b) be visible from or All otherwise affect any portion of the Building other than the interior of the Premises; (c) affect the Base Building or any Building Systems; (d) result in Landlord being required under any Laws to perform any
work that Landlord could otherwise avoid or defer; (e) result in an increase in the demand for utilities or services that Landlord is required to provide (whether to Tenant or to any other tenant in the Building); (f) cause an increase in any
Insurance Expenses; (g) result in the disturbance or exposure of, or damage to, any ACM or other Hazardous Material (defined below); or (h) violate or result in a violation of any Law, Rule or requirement under this Lease. Tenant shall
reimburse Landlord for any reasonable sums paid by Landlord for third party examination of Tenant’s plans for non-Cosmetic Alterations. In addition, Tenant shall pay Landlord a fee for Landlord’s
oversight and coordination of any non-Cosmetic Alterations equal to five percent (5%) of the cost of the Alterations. Landlord may require a deposit of its estimated fees in advance of performing any review.
Neither the payment of any such fees or costs, nor the monitoring, administration or control by Landlord of any contractor or any part of the Alterations shall be deemed to constitute any express or implied warranty or representation that any
Alteration was properly designed or constructed, nor shall it create any liability on the part of Landlord. Landlord’s approval of an Alteration shall not be deemed a representation by Landlord that the Alteration complies with Law. Upon
completion of any Alteration, Tenant shall (a) furnish Landlord with “as-built” plans (in CAD format, if requested by Landlord) for non-Cosmetic
Alterations, (b) cause a timely notice of completion to be recorded in the Office of the Recorder of the county in which the Building is located, in accordance with California Civil Code § 8181 or any successor statute; and
(c) deliver to Landlord evidence of full payment and unconditional final lien waivers for all labor, services and materials furnished in connection therewith. 
  

	10.	 Entry by Landlord. 

Landlord may enter the Premises to inspect, show or clean the Premises or to perform or facilitate the performance of repairs, alterations or
additions to the Premises or any portion of the Building. Except in emergencies or to provide services, Landlord shall provide Tenant with at least twenty four hours’ prior notice of entry, which notice may be by email or telephone, and shall
use reasonable efforts to minimize any interference with Tenant’s use of the Premises. If necessary, Landlord may temporarily close all or a portion of the Premises to perform repairs, alterations and additions. However, except in emergencies,
Landlord will not close the Premises if the work can reasonably be completed on weekends and after Building Service Hours. Entry by Landlord shall not constitute a constructive eviction or entitle Tenant to an abatement or reduction of Rent. 

  
 11 

	11.	 Assignment and Subletting. 

11.01    Tenant shall not assign, sublease, transfer or encumber any interest in this Lease or allow any third party to use
any portion of the Premises (collectively or individually, a “Transfer”) without the prior written consent of Landlord, which consent shall not be unreasonably withheld, conditioned or delayed. Without limitation, Landlord’s
consent shall not be considered unreasonably withheld if the proposed transferee is (i) a governmental entity, or (ii) an occupant of the Building, whether or not Landlord is in discussions with such occupant regarding the leasing of space
within the Building, and Landlord has (or reasonably believes, based on the scheduled expiration dates of existing leases and/or Landlord’s rights to relocate existing tenants, that Landlord will have) space available in the Building that, in
Landlord’s reasonable judgment, will meet such proposed transferee’s leasing needs; or (iii) if the proposed transferee is not an occupant of the Building, but is in discussions with Landlord regarding the leasing of space within the
Building and Landlord has (or reasonably believes, based on the scheduled expiration dates of existing leases and/or Landlord’s rights to relocate existing tenants, that Landlord will have) space available in the Building that, in
Landlord’s reasonable judgment, will meet such proposed transferee’s leasing needs. If the entity(ies) which directly or indirectly controls the voting shares/rights of Tenant (other than through the ownership of voting securities listed
on a recognized securities exchange) changes at any time, such change of ownership or control shall constitute a Transfer. Tenant hereby waives the provisions of Section 1995.310(b) of the California Civil Code, or any similar or successor
Laws, now or hereafter in effect, and all other remedies that would give rise to a right to terminate this Lease, including, without limitation, any right at law or equity to terminate this Lease, on its own behalf and, to the extent permitted under
all applicable Laws, on behalf of the proposed transferee. Any Transfer in violation of this Section shall, at Landlord’s option, be deemed a Default by Tenant and shall be voidable by Landlord. In no event shall any Transfer, including a
Permitted Transfer, release or relieve Tenant from any obligation under this Lease, and Tenant shall remain primarily liable for the performance of the Tenant’s obligations under this Lease, as amended from time to time. 

11.02    Tenant shall provide Landlord with financial statements (prepared in accordance with generally accepted accounting
principles), a reasonably determined calculation of excess rent (described in Section 11.03 below) and company information for the proposed transferee (or, in the case of a change of ownership or control, for the proposed new controlling
entity(ies)), a fully executed copy of the proposed assignment, sublease or other Transfer documentation and such other information as Landlord may reasonably request. Within twenty (20) days after receipt of the required information and
documentation, Landlord shall either: (a) consent to the Transfer by execution of Landlord’s form of consent agreement; or (b) reasonably refuse to consent to the Transfer in writing. Concurrently with Tenant’s request for a
proposed Transfer, Tenant shall pay Landlord a review fee of $1,500.00 for Landlord’s review of any requested Transfer, regardless of whether consent is granted, and thereafter Tenant shall be obligated to pay all reasonable costs incurred by
Landlord in preparing the documents for any requested Transfer, including but not limited to Landlord’s attorneys’ fees. 

11.03    Tenant shall pay Landlord fifty percent (50%) of all rent and other consideration which Tenant receives as a
result of a Transfer that is in excess of the Rent payable to Landlord for the portion of the Premises and Term covered by the Transfer. Tenant shall pay Landlord for Landlord’s share of the excess within thirty (30) days after
Tenant’s receipt of the excess. In determining the excess due Landlord, Tenant may deduct from the excess the following reasonable and customary expenses directly incurred by Tenant attributable to the Transfer: commercially reasonable
attorneys’ fees and brokerage commissions, and the cost of any Alterations to the extent reasonably incurred in connection with the Transfer. 

  
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 11.04    Notwithstanding anything to the contrary contained in this
Section 11, neither Tenant nor any other person having a right to possess, use, or occupy (for convenience, collectively referred to in this subsection as “Use”) the Premises shall enter into any lease, sublease, license,
concession or other agreement for Use of all or any portion of the Premises which provides for rental or other payment for such Use based, in whole or in part, on the net income or profits derived by any person that leases, possesses, uses, or
occupies all or any portion of the Premises (other than an amount based on a fixed percentage or percentages of receipts or sales), and any such purported lease, sublease, license, concession or other agreement shall be absolutely void and
ineffective as a transfer of any right or interest in the Use of all or any part of the Premises. 
 11.05    If
Tenant’s interest in this Lease is assigned, Landlord may elect to collect Rent directly from the assignee. If the Premises or any part thereof is sublet or used or occupied by anyone other than Tenant, Landlord may, after any Default(s) by
Tenant (or if Tenant becomes insolvent or rejects this Lease or the relevant sublease under section 365 of the Bankruptcy Code), collect from the subtenant or occupant all amounts due from such party to Tenant. Tenant hereby authorizes and directs
any assignee or subtenant (a “Transferee”) to make payments of rent or other consideration directly to Landlord upon receipt of any notice from Landlord requesting such action. Landlord may apply all such amounts collected to Rent
due or coming due hereunder, and no such collection or application shall be deemed a waiver of any of Landlord’s rights or remedies hereunder, or the acceptance by Landlord of such party as a permitted Transferee, or the release of Tenant or
any Guarantor from any of its obligations under or in connection with this Lease. The consent by Landlord to any Transfer shall not relieve Tenant from obtaining the express written consent of Landlord to any other Transfer. The listing of any name
other than that of Tenant on any door of the Premises or on any directory or in any elevator in the Building, or otherwise, or the acceptance of Rent for the Premises from any entity other than Tenant shall not operate to vest in the person so named
any right or interest in this Lease or in the Premises, or be deemed to constitute, or serve as a substitute for, or any waiver of, any consent of Landlord required under this Section 11. 

11.06    So long as Tenant is not entering into the Permitted Transfer for the purpose of avoiding or otherwise
circumventing the remaining terms of this Article 11, Tenant may assign its entire interest in this Lease, without the consent of Landlord, to (i) an affiliate, subsidiary, or parent of Tenant, or a corporation, partnership or other legal
entity wholly owned by Tenant (collectively, an “Affiliated Party”), or (ii) a successor to Tenant by purchase, merger, consolidation or reorganization, provided that all of the following conditions are satisfied (each
such Transfer a “Permitted Transfer”): (1) Tenant is not in Default; (2) Tenant gives Landlord written notice at least fifteen (15) days prior to the effective date of the proposed Permitted Transfer (provided, however, if
Tenant is prohibited from providing such prior notice under applicable Law or the terms of a confidentiality agreement, Tenant shall provide such notice within ten (10) days after the effective date of the proposed Permitted Transfer); and
(3) with respect to a purchase, merger, consolidation or reorganization or any other Permitted Transfer which results in Tenant ceasing to exist as a separate legal entity, (a) Tenant’s successor shall own all or substantially all of
the assets 

  
 13 

 
of Tenant, and (b) Tenant’s successor shall have a net worth which is at least equal to the greater of Tenant’s net worth at the date of this Lease or Tenant’s net worth as of
the day prior to the proposed purchase, merger, consolidation or reorganization. Tenant’s notice to Landlord shall include information and documentation showing that each of the above conditions has been satisfied. If requested by Landlord,
Tenant’s successor shall sign a commercially reasonable form of assumption agreement. As used herein, (A) “parent” shall mean a company which owns a majority of Tenant’s voting equity; (B) “subsidiary” shall mean an
entity wholly owned by Tenant or at least 51% of whose voting equity is owned by Tenant; and (C) “affiliate” shall mean an entity controlled by, controlling or under common control with Tenant. Notwithstanding the foregoing, if any parent,
affiliate or subsidiary to which this Lease has been assigned or transferred subsequently sells or transfers its voting equity or its interest under this Lease other than to another parent, subsidiary or affiliate of the original Tenant named
hereunder, such sale or transfer shall be deemed to be a Transfer requiring the consent of Landlord hereunder. For purposes of this Section 11, the sale of Tenant’s capital stock through any public exchange shall not be deemed a Transfer
hereunder. 
  

	12.	 Liens. 

Tenant shall not permit mechanics’ or other liens to be placed upon or otherwise encumber the Property, Premises or Tenant’s
leasehold interest in connection with any work or service done or purportedly done by or for the benefit of Tenant or its transferees, or the Premises. Tenant shall give Landlord notice at least fifteen (15) days prior to the commencement of
any work in the Premises to afford Landlord the opportunity, where applicable, to post and record notices of non-responsibility. Tenant, within ten (10) days of notice from Landlord, shall fully discharge
any lien by settlement, by payment of the claim, posting a proper bond, or by insuring over the lien in the manner prescribed by the applicable lien Law and, if Tenant fails to do so, Tenant shall be deemed in Default and, in addition to any other
remedies available to Landlord as a result of such Default, Landlord, at its option (without any duty to investigate the validity of the lien or other encumbrance), may bond, insure over or otherwise discharge the lien. Tenant shall reimburse
Landlord for any amount paid by Landlord in connection therewith, including, without limitation, reasonable attorneys’ fees. 
  

	13.	 Indemnity and Waiver of Claims. 

13.01    Except to the extent caused solely by the negligence or willful misconduct of Landlord or any Landlord Related
Parties (defined below), Tenant shall indemnify, protect, defend and hold Landlord and all Landlord Related Parties harmless against and from all liabilities, obligations, losses, damages, penalties, claims, actions, costs, charges and expenses,
including, without limitation, reasonable attorneys’ fees and other professional fees (if and to the extent permitted by Law) (collectively referred to as “Losses”), which may be imposed upon, incurred by or asserted
against Landlord or any Landlord Related Parties by any third party and arising out of or in connection with any damage or injury occurring in the Premises during Tenant’s or any Transferee’s occupancy, or any acts or omissions (including
violations of Law) of Tenant, its trustees, members, principals, beneficiaries, partners, officers, directors, employees and agents (each a “Tenant Related Party”) or any of Tenant’s transferees, contractors, invitees or
licensees in or about the Property (inclusive of any Common Areas). Tenant hereby waives all claims against and releases Landlord and its trustees, members, principals, beneficiaries, partners, 

  
 14 

 
officers, directors, employees, Mortgagees (defined in Section 23) and agents (the “Landlord Related Parties”) from all claims for any injury to or death of persons, damage
to property or business loss in any manner related to (a) Force Majeure, (b) acts of third parties, (c) the bursting or leaking of any tank, water closet, drain or other pipe, (d) the inadequacy or failure of any security or
protective services, personnel or equipment, or (e) any matter not within the reasonable control of Landlord. 

13.02    “Environmental Laws” means all Laws pertaining to (a) protection of health against
environmental hazards; (b) the protection of the environment, including air, soils, wetlands, and surface and underground water, from contamination by any substance that may have any adverse health effect; (c) underground storage tank
regulation or removal; (d) protection or regulation of natural resources; (e) protection of wetlands or wildlife; (f) management, regulation and disposal of solid and hazardous wastes; (g) radioactive materials;
(h) biologically hazardous materials; (i) indoor air quality; (j) the manufacture, possession, presence, use, generation, storage, transportation, treatment, release, emission, discharge, disposal, abatement, cleanup, removal,
remediation or handling of any Hazardous Substances. Environmental Laws include the Comprehensive Environmental Response, Compensation, and Liability Act, as amended by the Superfund Amendments and Reauthorization Act of 1986, 42 U.S.C. §9601
et seq. (“CERCLA”); the Resource Conservation and Recovery Act, 42 U.S.C. §6901 et seq. (“RCRA”); the Federal Water Pollution Control Act, as amended by the Clean Water Act, 33 U.S.C. §1251 et seq.; the Clean Air Act,
42 U.S.C. §7401 et seq.; and the Toxic Substances Control Act, 15 U.S.C. §2601 et seq., as well as all similar state and local Laws. “Hazardous Material” means any substance the release of or the exposure to which
is prohibited, limited or regulated by any Environmental Law, or which poses a hazard to human health because of its toxicity or other adverse effect, including (a) any “oil,” as defined by the Federal Water Pollution Control Act and
regulations promulgated thereunder (including crude oil or any fraction of crude oil); (b) any radioactive material, including any source, special nuclear, or byproduct material as defined in 42 United States Code §2011 et seq.; (c)
Stacchybotris chartarum and other molds; (d) asbestos containing materials (“ACM”) in any form or condition; and (e) polychlorinated biphenyls (“PCBs”) and any substances or compounds containing PCBs. 

 

	 	(a)	 Tenant shall not use, store or permit Hazardous Materials to be present on or about the Premises.
Notwithstanding the foregoing, Tenant may keep and use, solely for maintenance and administrative purposes, small amounts of ordinary cleaning and office supplies customarily used in business offices (such as, for example, glass cleaner, carpet spot
remover, and toner for Tenant’s business equipment in use on the Premises), provided that Tenant complies with all Environmental Laws relating to the use, storage or disposal of all such supplies. With respect to the presence of Hazardous
Materials in or about the Premises that are stored, used or permitted by Tenant or any Tenant Related Party, Tenant shall provide to Landlord on January 1st of each calendar year during the Term, or upon request from Landlord, Material Safety Data
Sheets (MSDS) in compliance with Hazard Communication Standards of the Occupational Safety & Health Administration. 

  
 15 

	 	(b)	 If the use, storage or possession of Hazardous Materials by Tenant or any Tenant Related Party on or about the
Premises results in a release, discharge or disposal of Hazardous Materials on, in, at, under, or emanating from, the Premises or the Building, Tenant agrees to investigate, clean up, remove or remediate such Hazardous Materials in full compliance
with (a) the requirements of all Environmental Laws, and any Governmental Authority responsible for the enforcement of any Environmental Laws; and (b) any additional requirements of Landlord that are necessary, in Landlord’s sole
discretion, to protect the value of the Premises and the Building. Landlord shall also have the right, but not the obligation, to take whatever action with respect to any such Hazardous Materials that it deems necessary, in Landlord’s sole
discretion, to protect the value of the Premises and the Building. All costs and expenses paid or incurred by Landlord in the exercise of such right shall be payable by Tenant upon demand. 

 

	 	(c)	 Upon reasonable notice to Tenant, Landlord may inspect the Premises for the purpose of determining whether
there exists on the Premises any Hazardous Materials or other condition or activity that is in violation of the requirements of this Lease or of any Environmental Laws. The right granted to Landlord herein to perform inspections shall not create a
duty on Landlord’s part to inspect the Premises, or liability on the part of Landlord for Tenant’s use, storage or disposal of Hazardous Materials, it being understood that Tenant shall be solely responsible for all liability in connection
therewith. Tenant shall surrender the Premises to Landlord upon the expiration or earlier termination of this Lease free of debris, waste or Hazardous Materials placed on or about the Premises by Tenant or any Tenant Related Party, and in a
condition that complies with all Environmental Laws. 

  

	 	(d)	 Tenant shall indemnify, defend, protect and hold harmless Landlord from and against any and all claims,
damages, liabilities, fines, judgments, penalties, costs, losses (including loss in value of the Premises or the Building, the loss of rentable or usable space, any adverse effect on marketability of the Building or any space therein, and all sums
paid for settlement of claims), costs incurred in connection with any site investigation or any cleanup, removal or restoration mandated by any Governmental Authority, and expenses (including attorneys’ fees, consultant and expert fees) to the
extent attributable to (i) any Hazardous Materials placed on or about the Building by Tenant or any Tenant Related Party, or on or about the Premises by any party other than Landlord, at any time during the Term, or (ii) Tenant’s
failure to comply with any of its obligations under this Article 13, all of which shall survive the expiration or earlier termination of this Lease. 

  

	14.	 Insurance. 

14.01    From and after the date Tenant first has access to the Premises, Tenant shall maintain the following insurance
(“Tenant’s Insurance”): 
  

	 	(a)	 Commercial General Liability Insurance applicable to the Premises and its appurtenances written on an
occurrence (rather than “claims made”) basis providing, on an occurrence basis; covering the Premises and all operations of Tenant in or about the Premises against claims for bodily injury, death, property damage, advertising injury and
products liability and to include contractual liability 

  
 16 

	 	
coverage insuring Tenant’s indemnification obligations under this Lease, to be in combined single limits of not less than $1,000,000 each occurrence for bodily injury, death and property
damage, $2,000,000 for products/completed operations aggregate, $2,000,000 for personal injury, and to have general aggregate limits of not less than $2,000,000 (per location) and Umbrella Liability Insurance in an amount not less than $5,000,000
per occurrence and $5,000,000 annual aggregate. The general aggregate limits under the Commercial General Liability insurance policy or policies shall apply separately to the Premises and to Tenant’s use thereof (and not to any other location
or use of Tenant) and such policy shall contain an endorsement to that effect. The certificate of insurance evidencing the form of policy shall specify all endorsements required herein and shall specify on the face thereof that the limits of such
policy apply separately to the Premises. 

  

	 	(b)	 Insurance covering any of the items included in any equipment maintained by Tenant, as well as trade fixtures,
merchandise, movable partitions, furniture and other personal property from time to time in, on or upon the Premises (“Tenant’s Property”), and all Leasehold Improvements, in an amount not less than one hundred percent (100%)
of their full replacement value from time to time during the Term, providing protection against perils included within the standard form of “all-risk” (i.e., “Special Cause of Loss”) fire
and casualty insurance policy, and including earthquake sprinkler leakage coverage; 

  

	 	(c)	 Workers’ Compensation Insurance in amounts required by Law; 

 

	 	(d)	 Employers Liability Coverage of at least $500,000.00 per occurrence (with $500,000.00 disease coverage per
employee); 

  

	 	(e)	 if Tenant owns or leases any vehicles, automobile liability coverage for all vehicles owned or leased by Tenant
in an amount not less than $1,000,000.00 per accident; and 

  

	 	(f)	 business interruption coverage in an amount equal to 100% of Tenant’s estimated gross revenues from the
Premises for a twelve (12) month period. 

 All policies of the insurance provided for in this Section 14.01
above shall be issued in form acceptable to Landlord by insurance companies with a rating and financial size of not less than A:XII in the most current available “Best’s Insurance Reports”, and licensed to do business in the state of
California. Each and every such policy: 
  

	 	(i)	 shall designate Landlord (as well as Landlord’s managing agent, asset manager, and any mortgagee of
Landlord and any other party reasonably designated by Landlord) as an additional insured, except with respect to the insurance described in clauses (c) and (d) above; 

 

	 	(ii)	 shall be delivered in its entirety (or, in lieu thereof, a certificate in form and substance satisfactory to
Landlord) to each of Landlord and any such other parties in interest prior to any entry by Tenant or Tenant’s employees or contractors onto the Premises and thereafter within five (5) days after the inception (or renewal) of each new
policy, and as often as any such policy shall expire or terminate. Renewal or additional policies shall be procured and maintained by Tenant in like manner and to like extent; 

  
 17 

	 	(iii)	 shall contain an endorsement, if available for no more than a nominal premium, providing that the insurer will
give to Landlord at least thirty (30) days notice in writing (and ten (10) days in the case of non-payment) in advance of any material change, cancellation, termination or lapse, or the effective
date of any reduction in the amounts of insurance, and if unavailable, Tenant will provide notice to Landlord as to any such change, cancellation, termination or lapse; and 

 

	 	(iv)	 shall be written as a primary policy which does not contribute to and is not in excess of coverage which
Landlord may carry. 

 In addition, Landlord shall be named as a loss payee with respect to Tenant’s Property
insurance on the Leasehold Improvements. Tenant will be responsible for the payment of any deductible amount under any policy of insurance maintained by Tenant. Tenant shall additionally carry and maintain such other types of insurance coverage in
such reasonable amounts as may be reasonably requested from time to time by Landlord. 
 14.02    Landlord shall maintain
so called All Risk property insurance on the Building in amounts reasonably determined by Landlord to be necessary, together with such other insurance coverage as Landlord, in its reasonable judgment, may elect to maintain; Landlord may elect to
self-insure with respect to any such coverage. 
  

	15.	 Subrogation. 

Landlord and Tenant hereby waive and release, and shall cause their respective insurance carriers to waive and release, any and all rights of
recovery, claims, actions or causes of action against the other for any loss or damage with respect to Tenant’s Property, Leasehold Improvements, the Building, the Premises, or any contents thereof, including rights, claims, actions and causes
of action based on negligence, which loss or damage is (or would have been, had the insurance required by this Lease been carried) covered by insurance. The parties agree that the foregoing waiver shall be binding upon their respective property and
business income insurance carriers, and (except for any insurance policy that provides that the insured thereunder may effectively waive subrogation without further action on the part of the insured) each party shall obtain endorsements or take such
other action as may be required to effect such insurer’s waiver of subrogation under each such policy. 
  

	16.	 Casualty Damage. 

16.01    If, as a result of fire or other casualty (each, a “Casualty”), all or any portion of the
Premises becomes untenantable or inaccessible, Landlord, with reasonable promptness, shall cause a general contractor selected by Landlord to provide Landlord with a written estimate of the amount of time required, using standard working methods, to
substantially complete the repair and restoration of the Premises and any Common Areas necessary to provide access to the Premises (“Completion Estimate”). Landlord shall promptly forward a copy of the Completion Estimate

  
 18 

 
to Tenant. If the Completion Estimate indicates that the Premises or any Common Areas necessary to provide access to the Premises cannot be made tenantable within 270 days from the date of the
Casualty (when such repairs are made without the payment of overtime or other premiums), then either party shall have the right to terminate this Lease upon written notice to the other within ten (10) days after Landlord’s delivery of the
Completion Estimate. Tenant, however, shall not have the right to terminate this Lease if the Casualty was caused by the negligence or intentional misconduct of Tenant or any Tenant Related Parties. In addition, Landlord, by notice delivered to
Tenant within ninety (90) days after the date of the Casualty, shall have the right to terminate this Lease if the Building or Property shall be damaged by Casualty, whether or not the Premises are affected, and one or more of the following
conditions is present: (1) in Landlord’s reasonable judgment, repairs cannot reasonably be completed within two hundred seventy (270) days from the date the repairs are started (when such repairs are made without the payment of
overtime or other premiums); (2) any Mortgagee requires that the insurance proceeds or any portion thereof be applied to the payment of the mortgage debt; (3) the damage is not fully covered by Landlord’s insurance policies and deductible
amounts; (4) Landlord decides to rebuild the Building or Common Areas so that they will be substantially different structurally or architecturally (provided Landlord shall terminate all leases in the Building which are similarly affected); or
(5) the damage occurs during the last twelve (12) months of the Term. 
 16.02    If this Lease is not
terminated, Landlord shall promptly and diligently, subject to reasonable delays for insurance adjustment or other matters beyond Landlord’s reasonable control, restore the Premises and Common Areas. Such restoration shall be to substantially
the same condition that existed prior to the Casualty, except for modifications required by Law or any other modifications to the Common Areas deemed desirable by Landlord. Upon notice from Landlord, Tenant shall assign or endorse over to Landlord
(or to any party designated by Landlord) all property insurance proceeds payable to Tenant under Tenant’s Insurance with respect to any Leasehold Improvements performed by or for the benefit of Tenant; provided if the estimated cost to repair
such Leasehold Improvements exceeds the amount of insurance proceeds received by Landlord from Tenant’s insurance carrier, the excess cost of such repairs shall be paid by Tenant to Landlord prior to Landlord’s commencement of repairs.
Within 15 days of demand, Tenant shall also pay Landlord for any additional excess costs that are determined during the performance of the repairs to such Leasehold Improvements. Notwithstanding the foregoing provisions of this Section 16.02 to
the contrary, in the event that Leasehold Improvements within the Premises are damaged as the result of a casualty which Tenant is not required to insure against hereunder (for example, but not by way of limitation, earthquake) Tenant shall only be
responsible for the reconstruction of any Tenant Improvements and Alterations, but not reconstruction of the remaining Leasehold Improvements, which Landlord may elect to reconstruct; if Landlord elects not to reconstruct some or all of the
Leasehold Improvements, Landlord will notify Tenant, setting forth in such notice the extent, if any, to which Landlord is willing to reconstruct the damaged Leasehold Improvements; and if such election on the part of Landlord would result in Tenant
not being able to use the Premises (or a material portion) for the Permitted Use (or not being able to reconstruct its Tenant Improvements and Alterations) then either party hereto may terminate this Lease within thirty (30) days after
Landlord’s delivery of notice to Tenant that Landlord has elected not to reconstruct some or all of the Leasehold Improvements. In no event shall Landlord be required to spend more for the restoration of the Premises and Common Areas than the
proceeds received by Landlord and the deductible amounts, whether insurance proceeds under Landlord’s insurance or insurance proceeds or other amounts received from Tenant. Landlord shall not be

  
 19 

 
liable for any inconvenience to Tenant, or injury to Tenant’s business resulting in any way from the Casualty or the repair thereof. During any period of time that all or a material portion
of the Premises is rendered untenantable or inaccessible as a result of a Casualty, the Rent shall abate for the portion of the Premises that is untenantable or inaccessible and not used by Tenant. 

16.03    The provisions of this Section 16, constitute an express agreement between Landlord and Tenant with respect
to any and all damage to, or destruction of, all or any part of the Premises or the Property, and any Laws, including, without limitation, Sections 1932(2) and 1933(4) of the California Civil Code, with respect to any rights or obligations
concerning damage or destruction in the absence of an express agreement between the parties, and any similar or successor Laws now or hereafter in effect, shall have no application to this Lease or any damage or destruction to all or any part of the
Premises or the Property. 
  

	17.	 Condemnation. 

Either party may terminate this Lease if any material part of the Premises is taken or condemned for any public or quasi-public use under Law,
by eminent domain or private purchase in lieu thereof (a “Taking”). Landlord shall also have the right to terminate this Lease if there is a Taking of any portion of the Building or Property which would have a material adverse
effect on Landlord’s ability to profitably operate the remainder of the Building. The terminating party shall provide written notice of termination to the other party within 45 days after it first receives notice of the Taking. The termination
shall be effective as of the effective date of any order granting possession to, or vesting legal title in, the condemning authority. If this, Lease is not terminated, Base Rent and Tenant’s Share shall be appropriately adjusted to account for
any reduction in the square footage of the Building or Premises. All compensation awarded for a Taking shall be the property of Landlord. The right to receive compensation or proceeds are expressly waived by Tenant, provided, however, Tenant may
file a separate claim for Tenant’s Property and Tenant’s reasonable relocation expenses, provided the filing of the claim does not diminish the amount of Landlord’s award. If only a part of the Premises is subject to a Taking and this
Lease is not terminated, Landlord, with reasonable diligence, will restore the remaining portion of the Premises as nearly as practicable to the condition immediately prior to the Taking. Tenant hereby waives any and all rights it might otherwise
have pursuant to Section 1265.130 of the California Code of Civil Procedure, or any similar or successor Laws. 
  

	18.	 Events of Default. 

In addition to any other default specifically described in this Lease, each of the following occurrences shall be a “Default”:
(a) Tenant’s failure to pay any portion of Rent when due, if the failure continues for three (3) Business Days after written notice to Tenant (“Monetary Default”); (b) Tenant’s failure (other than a Monetary Default)
to comply with any term, provision, condition or covenant of this Lease, if the failure is not cured within twenty (20) days after written notice to Tenant provided, however, if Tenant’s failure to comply cannot reasonably be cured within
twenty (20) days, Tenant shall be allowed additional time (not to exceed 60 days) as is reasonably necessary to cure the failure so long as Tenant begins the cure within twenty (20) days and diligently pursues the cure to completion;
(c) Tenant permits a Transfer without Landlord’s required approval or otherwise in violation of Section 11 of this Lease; (d) Tenant or any Guarantor becomes insolvent, makes a transfer in fraud of creditors, makes an assignment
for the benefit of 

  
 20 

 
creditors, admits in writing its inability to pay its debts when due or forfeits or loses its right to conduct business; (e) the leasehold estate is taken by process or operation of Law;
(f) in the case of any ground floor or retail Tenant, Tenant does not take possession of or abandons or vacates all or any portion of the Premises; or (g) Tenant is in default beyond any notice and cure period under any other lease or
agreement with Landlord at the Building or Property. If Landlord provides Tenant with notice of Tenant’s failure to comply with any specific provision of this Lease on three (3) or more occasions during any twelve (12) month period,
Tenant’s subsequent violation of such provision shall, at Landlord’s option, be an incurable Default by Tenant and Tenant shall lose any renewal and/or expansion options. Tenant acknowledges that its obligation to pay Rent hereunder is a
condition as well as a covenant, and that such obligation is independent of any and all covenants of Landlord hereunder. Tenant may not interpose any counterclaim of whatever nature or description in any summary proceeding commenced by Landlord for non-payment of Rent. Tenant waives any rights of redemption or relief from forfeiture under California Code of Civil Procedure sections 1174 and 1179, or under any other applicable present or future Law, if Tenant
is evicted or Landlord takes possession of the Premises by reason of any Default. 
  

	19.	 Remedies. 

19.01    Upon the occurrence of any Default under this Lease, whether enumerated in Section 18 or not, Landlord shall
have the option to pursue any one or more of the following remedies without any notice (except as expressly prescribed herein) or demand whatsoever (and without limiting the generality of the foregoing, Tenant hereby specifically waives notice and
demand for payment of Rent or other obligations, except for those notices specifically required pursuant to the terms of Section 18 or this Section 19, and waives any and all other notices or demand requirements imposed by applicable Law):

  

	 	(a)	 Terminate this Lease and Tenant’s right to possession of the Premises and recover from Tenant an award of
damages equal to the sum of the following: 

  

	 	(i)	 The Worth at the Time of Award of the unpaid Rent which had been earned at the time of termination;

  

	 	(ii)	 The Worth at the Time of Award of the amount by which the unpaid Rent which would have been earned after
termination until the time of award exceeds the amount of such Rent loss that Tenant affirmatively proves could have been reasonably avoided; 

  

	 	(iii)	 The Worth at the Time of Award of the amount by which the unpaid Rent for the balance of the Term after the
time of award exceeds the amount of such Rent loss that Tenant affirmatively proves could be reasonably avoided; 

  

	 	(iv)	 Any other amount necessary to compensate Landlord for all the detriment either proximately caused by
Tenant’s failure to perform Tenant’s obligations under this Lease or which in the ordinary course of things would be likely to result therefrom; and 

  
 21 

	 	(v)	 All such other amounts in addition to or in lieu of the foregoing as may be permitted from time to time under applicable law.

 The “Worth at the Time of Award” of the amounts referred to in parts (i) and (ii) above, shall be
computed by allowing interest at an annual rate equal to the lesser of (A) the maximum rate permitted by Law, or (B) the Prime Rate plus five (5%). For purposes hereof, the “Prime Rate” shall be annual interest rate publicly
announced as its prime or base rate by a federally insured bank selected by Landlord in the State of California. The “Worth at the Time of Award” of the amount referred to in part (iii), above, shall be computed by discounting such amount
at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%; 
  

	 	(b)	 Employ the remedy described in California Civil Code § 1951.4 (Landlord may continue this Lease in effect
after Tenant’s breach and abandonment and recover Rent as it becomes due, if Tenant has the right to sublet or assign, subject only to reasonable limitations). Accordingly, if Landlord does not elect to terminate this Lease on account of any
Default by Tenant, Landlord may, from time to time, without terminating this Lease, enforce all of its rights and remedies under this Lease, including the right to recover all Rent as it becomes due; or 

 

	 	(c)	 Notwithstanding Landlord’s exercise of the remedy described in California Civil Code § 1951.4 in
respect of an event or events of default, at such time thereafter as Landlord may elect in writing, to terminate this Lease and Tenant’s right to possession of the Premises and recover an award of damages as provided above in
Section 19.01(a). 

 19.02    The subsequent acceptance of Rent hereunder by Landlord shall not be
deemed to be a waiver of any preceding breach by Tenant of any term, covenant or condition of this Lease, other than the failure of Tenant to pay the particular Rent so accepted, regardless of Landlord’s knowledge of such preceding breach at
the time of acceptance of such Rent. No waiver by Landlord of any breach hereof shall be effective unless such waiver is in writing and signed by Landlord. 

19.03    TENANT HEREBY WAIVES ANY AND ALL RIGHTS CONFERRED BY SECTION 3275 OF THE CIVIL CODE OF CALIFORNIA AND BY SECTIONS
1174 (c) AND 1179 OF THE CODE OF CIVIL PROCEDURE OF CALIFORNIA AND ANY AND ALL OTHER LAWS AND RULES OF LAW FROM TIME TO TIME IN EFFECT DURING THE LEASE TERM OR THEREAFTER PROVIDING THAT TENANT SHALL HAVE ANY RIGHT TO REDEEM, REINSTATE OR RESTORE
THIS LEASE FOLLOWING ITS TERMINATION BY REASON OF TENANT’S BREACH. 
 THE PARTIES HEREBY WAIVE, TO THE FULLEST EXTENT PERMITTED BY LAW, THE RIGHT TO
TRIAL BY JURY IN ANY LITIGATION ARISING OUT OF OR RELATING TO THIS LEASE. IF THE JURY WAIVER PROVISIONS OF THIS SECTION 19.03 ARE NOT ENFORCEABLE UNDER CALIFORNIA LAW, THEN THE FOLLOWING PROVISIONS SHALL APPLY. It is the desire and intention of the
parties to agree upon a mechanism and procedure under which controversies and disputes arising out of this Lease or related to the 

  
 22 

 
Premises will be resolved in a prompt and expeditious manner. Accordingly, except with respect to actions for unlawful or forcible detainer or with respect to the prejudgment remedy of
attachment, any action, proceeding or counterclaim brought by either party hereto against the other (and/or against its officers, directors, employees, agents or subsidiaries or affiliated entities) on any matters whatsoever arising out of or in any
way connected with this Lease, Tenant’s use or occupancy of the Premises and/or any claim of injury or damage, whether sounding in contract, tort, or otherwise, shall be heard and resolved by a referee under the provisions of the California
Code of Civil Procedure, Sections 638 — 645.1, inclusive (as same may be amended, or any successor statute(s) thereto) (the “Referee Sections”). Any fee to initiate the judicial reference proceedings and all fees charged and
costs incurred by the referee shall be paid by the party initiating such procedure (except that if a reporter is requested by either party, then a reporter shall be present at all proceedings where requested and the fees of such reporter —
except for copies ordered by the other parties — shall be borne by the party requesting the reporter); provided however, that allocation of the costs and fees, including any initiation fee, of such proceeding shall be ultimately determined in
accordance with Section 26.02 below. The venue of the proceedings shall be in the county in which the Premises are located. Within 10 days of receipt by any party of a written request to resolve any dispute or controversy pursuant to this
Section 19.03, the parties shall agree upon a single referee who shall try all issues, whether of fact or law, and report a finding and judgment on such issues as required by the Referee Sections. If the parties are unable to agree upon a
referee within such 10 day period, then any party may thereafter file a lawsuit in the county in which the Premises are located for the purpose of appointment of a referee under the Referee Sections. If the referee is appointed by the court, the
referee shall be a neutral and impartial retired judge with substantial experience in the relevant matters to be determined, from Jams/Endispute, Inc., the American Arbitration Association or similar mediation/arbitration entity. The proposed
referee may be challenged by any party for any of the grounds listed in the Referee Sections. The referee shall have the power to decide all issues of fact and law and report his or her decision on such issues, and to issue all recognized remedies
available at Law or in equity for any cause of action that is before the referee, including an award of attorneys’ fees and costs in accordance with this Lease. The referee shall not, however, have the power to award punitive damages, nor any
other damages which are not permitted by the express provisions of this Lease, and the parties hereby waive any right to recover any such damages. The parties shall be entitled to conduct all discovery as provided in the California Code of Civil
Procedure, and the referee shall oversee discovery and may enforce all discovery orders in the same manner as any trial court judge, with rights to regulate discovery and to issue and enforce subpoenas, protective orders and other limitations on
discovery available under California law. The reference proceeding shall be conducted in accordance with California law (including the rules of evidence), and in all regards, the referee shall follow California law applicable at the time of the
reference proceeding. The parties shall promptly and diligently cooperate with one another and the referee, and shall perform such acts as may be necessary to obtain a prompt and expeditious resolution of the dispute or controversy in accordance
with the terms of this Section 19.03. In this regard, the parties agree that the parties and the referee shall use best efforts to ensure that (a) discovery be conducted for a period no longer than 6 months from the date the referee is
appointed, excluding motions regarding discovery, and (b) a trial date be set within 9 months of the date the referee is appointed. In accordance with Section 644 of the California Code of Civil Procedure, the decision of the referee upon
the whole issue must stand as the decision of the court, and upon the filing of the statement of decision with the clerk of the court, or with the judge if there is no clerk, judgment 

  
 23 

 
may be entered thereon in the same manner as if the action had been tried by the court. Any decision of the referee and/or judgment or other order entered thereon shall be appealable to the same
extent and in the same manner that such decision, judgment, or order would be appealable if rendered by a judge of the superior court in which venue is proper hereunder. The referee shall in his/her statement of decision set forth his/her findings
of fact and conclusions of law. The parties intend this general reference agreement to be specifically enforceable in accordance with the Code of Civil Procedure. Nothing in this Section 19.03 shall prejudice the right of any party to obtain
provisional relief or other equitable remedies from a court of competent jurisdiction as shall otherwise be available under the Code of Civil Procedure and/or applicable court rules. 

19.04    No right or remedy herein conferred upon or reserved to Landlord is intended to be exclusive of any other right
or remedy, and each and every right and remedy shall be cumulative and in addition to any other right or remedy given hereunder or now or hereafter existing by agreement, applicable Law or in equity. In addition to other remedies provided in this
Lease, Landlord shall be entitled, to the extent permitted by applicable Law, to injunctive relief, or to a decree compelling performance of any of the covenants, agreements, conditions or provisions of this Lease, or to any other remedy allowed to
Landlord at law or in equity. Forbearance by Landlord to enforce one or more of the remedies herein provided upon any Default shall not be deemed or construed to constitute a waiver of such Default. 

19.05    If Tenant is in Default of any of its non-monetary obligations under the
Lease, Landlord shall have the right to perform such obligations. Tenant shall reimburse Landlord for the cost of such performance upon demand together with an administrative charge equal to ten percent (10%) of the cost of the work performed by
Landlord. 
 19.06    No act of Landlord or of any Landlord Related Party, including Landlord’s acceptance of the
keys to the Premises, shall constitute Landlord’s acceptance of a surrender or abandonment of the Premises by Tenant prior to the expiration of the Term unless such acceptance is expressly acknowledged by Landlord in a written agreement
executed by both parties. 
 19.07    This Section 19 shall be enforceable to the maximum extent such enforcement is
not prohibited by applicable Law, and the unenforceability of any portion thereof shall not thereby render unenforceable any other portion. 
  

	20.	 Landlord Default; Limitation of Liability. 

20.01    Landlord shall be in default hereunder (a “Landlord Default”) if Landlord has not commenced and
pursued with reasonable diligence the cure of any failure of Landlord to meet its obligations hereunder within thirty (30) days after the receipt by Landlord of written notice from Tenant of the alleged failure to perform, which notice must be
delivered by Tenant in strict accordance with the notice provisions of Section 24. In no event shall Tenant have the right to terminate or rescind this Lease as a result of any Landlord Default as to any covenant or agreement contained in this
Lease. Tenant hereby waives such remedies of termination and rescission and hereby agrees that Tenant’s remedies for any Landlord Default hereunder and for breach of any promise or inducement shall be limited to a suit for damages and/or
injunction. In addition, Tenant hereby covenants that, prior to the exercise of any such remedies, it will (i) use reasonable efforts to mitigate its damages and losses arising from any Landlord Default to the extent required under applicable
Law, and (ii) give the Mortgagee (defined below), if any, notice and a reasonable time to cure any default by Landlord. 

  
 24 

 20.02    NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED IN THIS
LEASE, THE LIABILITY OF LANDLORD (AND OF ANY SUCCESSOR LANDLORD) SHALL BE LIMITED TO THE LESSER OF (A) THE INTEREST OF LANDLORD IN THE PROPERTY, OR (B) THE EQUITY INTEREST LANDLORD WOULD HAVE IN THE PROPERTY IF THE PROPERTY WERE ENCUMBERED
BY THIRD PARTY DEBT IN AN AMOUNT EQUAL TO 70% OF THE VALUE OF THE PROPERTY. FOR THE PURPOSES OF THIS SECTION 20.12, THE “VALUE OF THE PROPERTY” INCLUDES RENTS DUE FROM TENANTS, INSURANCE PROCEEDS, AND PROCEEDS FROM CONDEMNATION OR EMINENT
DOMAIN PROCEEDINGS (PRIOR TO THE DISTRIBUTION OF SAME TO ANY PARTNER OR SHAREHOLDER OF LANDLORD OR ANY OTHER THIRD PARTY). TENANT SHALL LOOK SOLELY TO LANDLORD’S INTEREST IN THE PROPERTY FOR THE RECOVERY OF ANY JUDGMENT OR AWARD AGAINST
LANDLORD OR ANY LANDLORD RELATED PARTY. NEITHER ANY LIMITED PARTNER OF LANDLORD NOR ANY LANDLORD RELATED PARTY SHALL BE PERSONALLY LIABLE FOR ANY JUDGMENT OR DEFICIENCY, AND IN NO EVENT SHALL LANDLORD OR ANY LANDLORD RELATED PARTY BE LIABLE TO
TENANT FOR ANY LOST PROFIT, DAMAGE TO OR LOSS OF BUSINESS OR ANY FORM OF SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGE. BEFORE FILING SUIT FOR AN ALLEGED DEFAULT BY LANDLORD, TENANT SHALL GIVE LANDLORD AND THE MORTGAGEE(S) WHOM TENANT HAS BEEN NOTIFIED
HOLD MORTGAGES (DEFINED IN SECTION 23 BELOW), WRITTEN NOTICE AND REASONABLE TIME TO CURE THE ALLEGED DEFAULT, AND LANDLORD SHALL NOT BE IN DEFAULT UNDER THIS LEASE UNLESS LANDLORD AND THE MORTGAGEE(S) HAVE FAILED TO CURE OR COMMENCE TO CURE OF SUCH
ALLEGED DEFAULT WITHIN THE PERIOD SET FORTH IN SECTION 20.1 ABOVE. 
  

	21.	 Intentionally Omitted. 

 

	22.	 Holding Over. 

If Tenant fails to surrender all or any part of the Premises at the termination of this Lease, occupancy of the Premises after termination
shall be that of a tenancy at sufferance. Tenant’s occupancy shall be subject to all the terms and provisions of this Lease, and Tenant shall pay an amount (on a per month basis without reduction for partial months during the holdover) equal to
the greater of (a) 150% of the Base Rent in effect immediately preceding such termination or (b) the fair market rent for the Premises, as determined in good faith by Landlord, plus in each case, 100% of all applicable Additional Rent. No
holdover by Tenant or payment by Tenant after the termination of this Lease shall be construed to extend the Term or prevent Landlord from immediate recovery of possession of the Premises by summary proceedings or otherwise. If Landlord is unable to
deliver possession of the Premises to a new tenant or to perform improvements for a new tenant as a result of Tenant’s holdover, Tenant shall be liable for any and all damages, fees, and/or costs incurred or to be incurred (including
consequential damages) that Landlord suffers from the holdover. Tenant shall have the right, by written notice delivered to Landlord at least thirty (30) days prior to the date of expiration of the Term, to request in writing

  
 25 

 
that Landlord notify Tenant if, as of the date of such request, Landlord is then negotiating the terms of a lease which will require Landlord to have possession of the Premises as of the date of
expiration of the Term, and Landlord shall promptly respond to such request, informing Tenant (subject to the limitations of any confidentiality or nondisclosure agreement then binding Landlord) as to whether Landlord is negotiating (or has
completed) such a lease; however, the provisions of this sentence will in no event limit Tenant’s obligations under this Section 22 and shall be for informational purposes only. Tenant expressly acknowledges that even if Landlord is not,
at the time Landlord delivers such notice to Tenant, in the process of negotiating such lease, the same shall not diminish Tenant’s rights, liabilities or obligations hereunder in the event that Landlord subsequently commences any such
negotiations. 
  

	23.	 Subordination to Mortgages; Estoppel Certificate. 

Tenant accepts this Lease subject and subordinate to any mortgage(s), deed(s) of trust, ground lease(s) or other lien(s) now or subsequently
arising upon the Premises, the Building or the Property, and to renewals, modifications, refinancings and extensions thereof (collectively referred to as a “Mortgage”). The party having the benefit of a Mortgage shall be referred to
as a “Mortgagee”. As of the Effective Date, the Building is not encumbered by a Mortgage. This clause shall be self-operative, but upon request from a Mortgagee, Tenant shall execute Mortgagee’s standard form subordination
agreement in favor of the Mortgagee. As an • alternative, a Mortgagee shall have the right at any time to subordinate its Mortgage to this Lease. Upon request, Tenant, without charge, shall attorn to any successor to Landlord’s interest in
this Lease. Tenant shall, within ten (10) Business Days after receipt of a written request from Landlord, execute and deliver (or provide good faith comments to) a subordination agreement and/or estoppel certificate to those parties as are
reasonably requested by the other (including a Mortgagee or prospective purchaser). Without limitation, such estoppel certificate may include a certification as to the status of this Lease, the existence of any defaults and the amount of Rent that
is due and payable. If Tenant has not provided any such subordination agreement or estoppel certificate within twenty (20) days following Landlord’s written request therefor, Tenant hereby appoints Landlord as Tenant’s attorney-in-fact, which appointment is coupled with an interest, to execute, acknowledge and deliver any such subordination agreement or estoppel certificate for and on behalf
of Tenant, without any liability on the part of Landlord for the accuracy of any information contained therein, and Tenant shall thereupon be deemed to have acknowledged the accuracy of all information set forth therein for the benefit of Landlord,
any current or prospective Mortgagee, or any prospective purchaser of any interest of Landlord in the Building. If a Mortgage is created following the Effective Date, the subordination of this Lease to such Mortgage is conditioned upon the Mortgagee
executing a SNDA (defined below) for the benefit of Tenant. The execution and delivery by any future Mortgagee of such a SNDA shall be a condition precedent to the subordination of this Lease to the lien of any such Mortgage. As used herein,
“SNDA” shall mean the Mortgagee’s standard form subordination, non-disturbance and attornment agreement (i) evidencing such attornment, (ii) setting forth the terms and
conditions of Tenant’s tenancy, (iii) providing Tenant’s tenancy will not be disturbed in the absence of a Default hereunder by Tenant which will grant Landlord the right to terminate the Lease, and (iv) containing such other
terms and conditions as may reasonably be required by such Mortgagee, provided such terms and conditions do not amend or revise the terms of this Lease or adversely affect Tenant’s rights under this Lease or use or occupancy of the Premises in
any material way or materially increase Tenant’s obligations with respect to the Premises or this Lease. 

  
 26 

	24.	 Notice. 

All demands, approvals, consents or notices (collectively referred to as a “notice”) shall be in writing and delivered by hand
or sent by registered, express, or certified mail, with return receipt requested or with delivery confirmation requested from the U.S. postal service, or sent by overnight or same day courier service at the party’s respective Notice Address(es)
set forth in Section 1; provided, however, notices sent by Landlord regarding general Building operational matters may be posted in the Building mailroom or the general Building newsletter or sent via
e-mail to the e-mail address provided by Tenant to Landlord for such purpose. In addition, if the Building is closed (whether due to emergency, governmental order or any
other reason), then any notice address at the Building shall not be deemed a required notice address during such closure, and, unless Tenant has provided an alternative valid notice address to Landlord for use during such closure, any notices sent
during such closure may be sent via email or in any other practical manner reasonably designed to ensure receipt by the intended recipient. Each notice shall be deemed to have been received on the earlier to occur of actual delivery or the date on
which delivery is refused, or, if Tenant has vacated the Premises or any other Notice Address of Tenant without providing a new Notice Address, 3 days after notice is deposited in the U.S. mail or with a courier service in the manner described
above. Either party may, at any time, change its Notice Address (other than to a post office box address) by giving the other party written notice of the new address. 
  

	25.	 Surrender of Premises. 

At the termination of this Lease or Tenant’s right of possession, Tenant shall remove Tenant’s Property and any and all Required
Removables from the Premises, and quit and surrender the Premises to Landlord, broom clean, and in the same order, condition and repair as received, ordinary wear and tear and damage which Landlord is obligated to repair hereunder excepted, and
casualty and condemnation damage, as to which Sections 16 and 17 shall control. If Tenant fails to remove any of Tenant’s Property or Required Removables, or to restore the Premises to the required condition as of the date of termination of
this Lease or Tenant’s right to possession of the Premises, Landlord, at Tenant’s sole cost and expense, shall be entitled (but not obligated) to remove and/or store Tenant’s Property and Required Removables, as the case may be,
and/or perform such restoration of the Premises. Landlord shall not be responsible for the value, preservation or safekeeping of Tenant’s Property. Tenant shall pay Landlord the expenses and storage charges incurred. If Tenant fails to remove
Tenant’s Property from the Premises or storage, within thirty (30) days after notice, Landlord may deem all or any part of Tenant’s Property to be abandoned and, at Landlord’s option, title to Tenant’s Property shall vest in
Landlord or Landlord may dispose of Tenant’s Property in any manner Landlord deems appropriate. 
  

	26.	 Miscellaneous. 

26.01    This Lease shall be interpreted and enforced in accordance with the Laws of the State of California and Landlord
and Tenant hereby irrevocably consent to the jurisdiction and proper venue of California. In addition to any methods of service of process provided for under applicable law, all service of process in any proceeding in any California state or United
States court sitting in the county where the Premises are located, may be made by certified or registered mail, return receipt requested, to the Tenant’s Notice Address, and service so made shall be complete upon receipt; except that if Tenant
shall refuse to accept delivery, service shall be deemed complete on the date such delivery was attempted and refused. 

  
 27 

 26.02    If Landlord utilizes the services of an attorney due to
Tenant’s failure to pay Rent when due or otherwise comply with the provisions of this Lease, then Tenant shall be required to pay Additional Rent in an amount equal to the actual attorneys’ fees and costs actually incurred by Landlord in
connection therewith irrespective of whether any legal action or proceeding may be commenced or filed by Landlord. If any such work is performed by in-house counsel for Landlord, the value of such work shall
be determined at a reasonable hourly rate for comparable outside counsel; provided, however, such fees shall be recoverable with respect to legal work performed by Landlord’s in-house counsel only to the
extent that such work is not duplicative of legal work performed by outside counsel representing Landlord in such matter. Notwithstanding the foregoing, in any action or proceeding between Landlord and Tenant, including any appellate or alternative
dispute resolution proceeding, the prevailing party shall be entitled to recover from the non-prevailing party all of its costs and expenses in connection therewith, including, but not limited to, reasonable
attorneys’ fees actually incurred. Any such fees and other expenses incurred by either party in enforcing a judgment in its favor under this Lease shall be recoverable separately from and in addition to any other amount included in such
judgment, and such obligation is intended to be severable from the other provisions of this Lease and to survive and not be merged into any such judgment. 

26.03    No failure by either party to declare a default immediately upon its occurrence, nor any delay by either party in
taking action for a default, nor Landlord’s acceptance of Rent with knowledge of a Default by Tenant, shall constitute a waiver of the Default, nor shall it constitute an estoppel. 

26.04 Whenever a period of time is prescribed for the taking of an action by Landlord, the period of time for the performance of such action
shall be extended by the number of days that the performance is actually delayed due to strikes, acts of God, shortages of labor or materials, war, terrorist acts, pandemics, civil disturbances and other causes beyond the reasonable control of
Landlord (“Force Majeure”). 
 26.05    Landlord shall have the right to transfer and assign its rights
and obligations under this Lease and in the Building and Property. Upon transfer, Landlord shall be released from any further obligations hereunder and Tenant agrees to look solely to the successor in interest of Landlord for the performance of such
obligations, provided that any successor pursuant to a voluntary, third party transfer (but not as part of an involuntary transfer resulting from a foreclosure or deed in lieu thereof) shall have assumed Landlord’s obligations under this Lease.

 26.06    Landlord has delivered a copy of this lease to Tenant for Tenant’s review only and the delivery of it
does not constitute an offer to Tenant or an option. Tenant represents that it has dealt directly with and only with Tenant’s Broker as a broker in connection with this Lease. Tenant shall defend, indemnify and hold Landlord and the Landlord
Related Parties harmless from all claims of any other brokers claiming to have represented Tenant in connection with this Lease. Landlord shall defend, indemnify and hold Tenant and the Tenant Related Parties harmless from all claims of any brokers
claiming to have represented Landlord in connection with this Lease. 

  
 28 

 26.07    Landlord, at Landlord’s cost, shall provide “Building
Standard” signage at the main lobby directory and the 29th floor elevator lobby identifying Tenant; any replacements of or changes to such signage shall be at Tenant’s sole cost and expense. Tenant shall not place or permit to be placed
any, lights, decorations, banners, signs, window or door lettering, advertising media, or any other item that can be viewed from the exterior of the Premises without obtaining Landlord’s prior written consent, which may be withheld in
Landlord’s sole discretion. Subject to the foregoing, Tenant shall have the right to install custom signage in the Premises and at the entrance to the Premises; any such signage shall be a Required Removable. Landlord’s consent to custom
signage at the entrance to the Premises shall not be unreasonably withheld. By no later than the Termination Date (or earlier the date of any earlier termination of this Lease), Tenant shall repair any damage to the Premises or the Building caused
by any installation, maintenance or removal of signage, all at Tenant’s expense. If any such items are installed without Landlord’s consent, or are not timely removed, or repairs are not timely made, Landlord shall have the right (but not
the obligation) to remove any or all of such items and/or repair any such damage or injury, all at Tenant’s sole cost and expense. 

26.08    Time is of the essence of each and every term, condition and provision of this Lease in which time of performance
is a factor. The parties agree that notwithstanding any Law to the contrary, Landlord has no duty to notify Tenant that Tenant has failed to give any notice that Tenant has the right to give under the Lease, including notice of the exercise of any
option. 
 26.09    Tenant may peacefully have, hold and enjoy the Premises, subject to the terms of this Lease, provided
Tenant pays the Rent and fully performs all of its covenants and agreements. This covenant shall be binding upon Landlord and its successors only during its or their respective periods of ownership of the Building. 

26.10    This Lease does not grant any rights to light or air over or about the Building. Landlord excepts and reserves
exclusively to itself any and all rights not specifically granted to Tenant under this Lease. Landlord reserves the right to make changes to the Property, Building and Common Areas as Landlord deems appropriate, provided that such changes do not
materially interfere with Tenant’s use and occupancy of the Premises. 
 26.11    If Tenant comprises more than one
person, all such persons shall be jointly and severally liable for payment of Rent and the performance of Tenant’s obligations hereunder. If Tenant is a partnership, all current and future general partners of Tenant shall be jointly and
severally liable for such obligations. No individual partner or other person shall be deemed to be released from its obligations hereunder except to the extent any such release is expressly set forth in a written agreement executed by Landlord in
the exercise of its sole discretion. If there is more than one Tenant or if Tenant is comprised of more than one party or entity, requests or demands from any one person or entity comprising Tenant shall be deemed to have been made by all such
persons or entities. Notices to any one person or entity shall be deemed to have been given to all persons and entities. 

  
 29 

 26.12    Tenant represents, warrants and covenants that: 

(a)    Tenant and its principals are not acting, and will not act, directly or indirectly, for or on behalf of any person,
group, entity, or nation named by any Executive Order or the United States Treasury Department as a terrorist, “Specially Designated and Blocked Person,” or other banned or blocked person, entity, nation, or transaction pursuant to any
law, order, rule, or regulation that is enforced or administered by the Office of Foreign Assets Control; 

(b)    Tenant and its principals are not engaged, and will not engage, in this transaction, directly or indirectly, on
behalf of, or instigating or facilitating, and will not instigate or facilitate, this transaction, directly or indirectly, on behalf of, any such person, group, entity, or nation; and 

(c)    Tenant acknowledges that the breach of this representation, warranty and covenant by Tenant shall be an immediate
Default under the Lease. 
 26.13    If any term or provision of this Lease shall to any extent be void or unenforceable,
the remainder of this Lease shall not be affected. Tenant represents and warrants to Landlord, and agrees, that each individual executing this Lease on behalf of Tenant is authorized to do so on behalf of Tenant and that the entity(ies) or
individual(s) constituting Tenant or Guarantor or which may own or control Tenant or Guarantor or which may be owned or controlled by Tenant or Guarantor are not and at no time will be (i) in violation of any Laws relating to terrorism or money
laundering, or (ii) among the individuals or entities identified on any list compiled pursuant to Executive Order 13224 for the purpose of identifying suspected terrorists or on the most current list published by the U.S. Treasury Department
Office of Foreign Assets Control at its official website, http://www.treasurv.gov/ofac/downloads/t11sdn.pdf or any replacement website or other replacement official publication of such list 

26.14    This Lease has been negotiated at arms’ length between persons knowledgeable in business and real estate
matters who have had the opportunity to confer with counsel in the negotiation hereof. Accordingly, any rule of law or legal decision that would require interpretation of this Lease against the party that drafted it is not applicable and is waived,
and this Lease shall be given a fair and reasonable interpretation in accordance with the meaning of its terms. References in this Lease to articles, sections, paragraphs or exhibits pertain to articles, sections, paragraphs and exhibits of this
Lease unless otherwise specified. The word “including” means “including, without limitation.” The word “or” means “and/or” unless the context clearly indicates an obligation to choose one of two or more
alternatives. The word “person” includes legal entities as well as natural persons. The word “may” means “may, but shall not be required to.” Unless otherwise expressly specified in the applicable provisions, the phrase
“at any time” means “at any time and from time to time.” The article, section and paragraph headings in this Lease are solely for convenience of reference and shall not constitute a part of this Lease, nor shall they affect the
meaning, construction or effect hereof. All terms and words used in this Lease, regardless of the number or gender in which they are used, shall be deemed to include the appropriate number and gender, as the context may require. Any reference to any
specific statute, ordinance or other Law shall be deemed to include any amendments thereto, or any successor or similar Law addressing the same subject matter. 

26.15    The terms of this Lease and the details of its negotiation constitute confidential information pertaining to the
Building that is proprietary to Landlord. Tenant acknowledges that its disclosure of any of such information could adversely affect the ability of Landlord to negotiate other leases and impair Landlord’s relationship with other tenants.
Accordingly, Tenant agrees that it shall keep (and shall cause its employees, agents, principals and all other Tenant Related 

  
 30 

 
Parties to keep) all such information confidential and shall not disclose all or any portion thereof to any person except: (a) as and to the extent required by Law; and (b) to bona fide
prospective assignees or sublessees of Tenant, or to Tenant’s attorneys, real estate brokers, tax and financial advisors, lenders and investors, to the extent such persons have a need to know and as necessary for the conduct of Tenant’s
business. 
 26.16    Neither this Lease, nor any memorandum, affidavit or other writing with respect thereto, shall be
recorded by Tenant, by any Tenant Related Party, or by any other person except Landlord. Any such recording in violation of this Section 26.16 shall constitute a Default. 

26.17    Within ten (10) Business Days after written request from Landlord from time to time during the Term, but no
more often than once in any twelve (12) month period (except in the case of a Default by Tenant, or a sale, financing or refinancing of the Building by Landlord) Tenant shall provide Landlord with current financial statements and a statement of
Tenant’s cash flow setting forth Tenant’s financial condition and net worth for the most recent quarter, including balance sheets and statements of profits and losses. Such statements shall be prepared by an independent accountant and
certified by Tenant’s president, chief executive officer or chief financial officer. Landlord shall keep such financial information confidential and shall only disclose such information to Landlord’s lenders, consultants, purchasers or
investors, or other agents (who shall be subject to the same confidentiality obligations) on a need to know basis in connection with the administration of this Lease. 

26.18    This Lease shall only become effective and binding upon full execution hereof by Landlord and Tenant and delivery
by Landlord of a fully executed copy to Tenant. This Lease may be executed in one or more counterparts, and each of which, so executed, shall be deemed to be an original, and all such counterparts together shall constitute one and the same
instrument. This Lease may be executed in so-called “pdf’ format and each party has the right to rely upon a pdf counterpart of this Lease signed by the other party to the same extent as if such
party had received an original counterpart. 
 26.19    This Lease constitutes the final, complete and exclusive
statement among the parties hereto, supersedes all prior and contemporaneous understandings or agreements of the parties, and is binding on and, subject to the provisions herein, inures to the benefit of their respective heirs, representatives,
successors and assigns. No party has been induced to enter into this Lease by, nor is any party relying on, any representation or warranty outside those expressly set forth in this Lease. Any agreement made after the date of this Lease is
ineffective to modify, waive, or terminate this Lease, in whole or in part, unless such agreement is in writing, signed by the parties to this Lease, and specifically states that such agreement modifies this Lease. 

26.20    The Premises have not undergone an inspection by a Certified Access Specialist (CASp). This notice is given
pursuant to California Civil Code Section 1938. 

  
 31 

 Landlord and Tenant have executed this Lease as of the day and year first above written.

  

					
	LANDLORD:
	
	CA-MISSION STREET LIMITED PARTNERSHIP, a Delaware limited partnership
		
	By:	 	NAPI REIT TRS, INC., a Maryland corporation
	Its:	 	General Partner
			
		 	By:	 	 /s/ Kathy A. Broderick

		 	Name:	 	Kathy A. Broderick
		 	Title:	 	Secretary & Treasurer
	
	TENANT:
	
	FORGEROCK, INC.,
	a Delaware corporation
		
	By:	 	 /s/ John Fernandez

	Name:	 	John Fernandez
	Its:	 	CFO
	Tenant’s Tax ID Number (SSN or FEIN):
	 [***]

  
 32 

 REQUIREMENTS FOR TENANT EXECUTION OF LEASE 

 
 If Tenant is foreign (non-California) corporation, the following conditions must be satisfied: 
  

	(A)	 Tenant shall provide Landlord a copy of a corporate resolution signed by all directors of the corporation and
in a form reasonably acceptable to Landlord authorizing the person or persons designated to sign the Lease to do so. 

  

	(B)	 Tenant shall provide Landlord a certificate from the Secretary of State of the Tenant’s state of
incorporation confirming that Tenant is in good standing and qualified to do business in its state of incorporation, and Tenant shall also provide a certificate from the California Secretary of State confirming that Tenant is qualified to do
business in California. 

  
 33 

 EXHIBIT A 

OUTLINE AND LOCATION OF PREMISES AND DEFERRED SPACE 

This Exhibit is attached to and made a part of the Office Lease Agreement (the “Lease”) by and between CA-MISSION STREET LIMITED PARTNERSHIP (“Landlord”) and FORGEROCK, INC., a Delaware corporation (“Tenant”) for space in the Building located at 201 Mission Street, San Francisco,
California. 
  
 

 

  
 A-1 

 EXHIBIT B 

EXPENSES, TAXES AND INSURANCE EXPENSES 

This Exhibit is attached to and made a part of the Office Lease Agreement (the “Lease”) by and between CA-MISSION STREET LIMITED PARTNERSHIP (“Landlord”) and FORGEROCK, INC., a Delaware corporation (“Tenant”) for space in the Building located at 201 Mission Street, San Francisco,
California. 
  

	1.	 Payments. 

1.01    Commencing as of the first (1st) day of the calendar year
following the Base Year (each such calendar year or any portion thereof during the Term being referred to herein as an “Adjustment Year”), Tenant shall pay Tenant’s Share of the amount, if any, by which Expenses (defined below)
for each applicable Adjustment Year exceed Expenses for the Base Year (the “Expense Excess”) and also the amount, if any, by which Taxes (defined below) for each applicable Adjustment Year exceed Taxes for the Base Year (the
“Tax Excess”) and the amount, if any, by which Insurance Expenses (defined below) for each applicable Adjustment Year exceed Insurance Expenses for the Base Year (the “Insurance Expense Excess”). If Expenses, Taxes
or Insurance Expenses in any Adjustment Year decrease below the amount of Expenses, Taxes or Insurance Expenses for the Base Year, Tenant’s Share of Expenses, Taxes or Insurance Expenses, as the case may be, for such Adjustment Year shall be
$0. Landlord shall provide Tenant with a good faith estimate of the Expense Excess, the Tax Excess and the Insurance Expense Excess for each Adjustment Year. On or before the first day of each month, Tenant shall pay to Landlord a monthly
installment equal to one-twelfth of Tenant’s Share of Landlord’s estimate of the Expense Excess, Tax Excess and the Insurance Expense Excess. If Landlord determines that any such estimate was
incorrect by a material amount, Landlord may provide Tenant with a revised estimate. After its receipt of the revised estimate, Tenant’s monthly payments of the applicable category of expense shall be based upon the revised estimate. If
Landlord does not provide Tenant with an estimate of the Expense Excess, the Tax Excess or the Insurance Expense Excess for any Adjustment Year by December 15th of the immediately preceding
calendar year, Tenant shall continue to pay monthly installments based on the estimate for the previous calendar year if such year was an Adjustment Year, until Landlord provides Tenant with an estimate for the then current Adjustment Year. Upon
delivery of such estimate, an adjustment shall be made for any month for which Tenant paid monthly installments based on the estimate for the previous calendar year. Tenant shall pay Landlord the amount of any underpayment within thirty
(30) days after receipt of the applicable estimate. Any overpayment shall be refunded to Tenant within (30) days or credited against the next due future installment(s) of Additional Rent. 

1.02    As soon as is practical following the end of each Adjustment Year, Landlord shall furnish Tenant with a statement.
(each, a “Final Statement”) of the actual Expenses and Expense Excess, actual Taxes and Tax Excess and actual Insurance Expenses and Insurance Expense Excess for the applicable Adjustment Year. If the estimated Expense Excess,
estimated Tax Excess or Insurance Excess for the applicable Adjustment Year is more than the actual Expense Excess, the actual Tax Excess or the actual Insurance Expense Excess, as the case may be, for such Adjustment Year, Landlord shall apply any
overpayment by Tenant against Additional Rent due or next becoming due; provided, however, if the Term expires before the determination of the 

  
 B-1 

 
overpayment or if no further Rent is due, Landlord shall refund any overpayment to Tenant after first deducting any amount of Rent due. If the estimated Expense Excess, estimated Tax Excess or
estimated Insurance Expense Excess for the applicable Adjustment Year is less than the actual Expense Excess, actual Tax Excess or actual Insurance Expense Excess, as the case may be, for such Adjustment Year, Tenant shall pay Landlord, within
thirty (30) days after Tenant’s receipt of the applicable Final Statement, any underpayment for the applicable Adjustment Year. 
  

	2.	 Expenses. 

2.01    “Expenses” means all costs and expenses incurred in each calendar year during the Term in
connection with operating, maintaining, repairing, and managing the Building and the Property. Expenses include, without limitation: (a) all labor and labor related costs, including wages, salaries, bonuses, taxes, insurance, uniforms,
training, retirement plans, pension plans and other employee benefits for service personnel engaged in the operation, maintenance and security of the Building and the direct costs of training such employees limiting such charges only to amounts
reasonably estimated by the Landlord to be directly allocable to services rendered by the employees and personnel for the benefit of the Building; provided, that in no event shall Expenses for purposes of this Lease include wages and/or benefits
attributable to executive officers of Landlord to the extent such officers perform services not in connection with the management, operation, repair and maintenance of the Building; (b) fees payable by Landlord for management of the Building,
not to exceed three and one-half percent (3.5%) of Landlord’s gross rental revenues, adjusted and grossed up to reflect a one hundred percent (100%) occupancy of the Building with all tenants paying rent,
including base rent, pass-throughs, and parking fees from the Building for any calendar year or portion thereof; (c) the cost of equipping, staffing and operating an on-site and/or off-site management office for the Building, provided if the management office services one or more other buildings or properties, the shared costs and expenses of equipping, staffing and operating such management
office(s) shall be equitably prorated and apportioned between the Building and the other buildings or properties; (d) accounting costs; (e) the cost of services; (f) rental and purchase cost of parts, supplies, tools and equipment;
(g) electricity, gas and other utility costs; and (h) the amortized cost of capital improvements (as distinguished from replacement parts or components installed in the ordinary course of business) made subsequent to the Base Year which
are: (1) performed primarily to reduce current or future operating expense costs, upgrade Building security or otherwise materially improve the operating efficiency of the Property; or (2) required to comply with any Laws that are enacted,
or first interpreted to apply to the Property, after the date of the Lease. The cost of any such included capital improvements shall be amortized by Landlord over the lesser of the Payback Period (defined below) or the useful life of the capital
improvement as reasonably determined by Landlord. The amortized cost of capital improvements may, at Landlord’s option, include actual or imputed interest at the rate that Landlord would reasonably be required to pay to finance the cost of the
capital improvement. “Payback Period” means the reasonably estimated period of time that it takes for the cost savings resulting from a capital improvement to equal the total cost of the capital improvement. Landlord, by itself or
through an affiliate, shall have the right to directly perform, provide and be compensated for any services under the Lease. If Landlord incurs Expenses for the Building or Property together with one or more other buildings or properties, whether
pursuant to a reciprocal easement agreement, common area agreement or otherwise, the shared costs and expenses shall be equitably prorated and apportioned between the Building and Property and the other buildings or properties. 

  
 B-2 

 2.02    Anything to the contrary contained in Section 2.01
notwithstanding, Expenses shall not include: (i) the cost of capital improvements (except as expressly set forth above, and as amortized above); (ii) depreciation; (iii) principal or interest payments, fees, charges or other costs of
mortgage and other non-operating debts of Landlord; (iv) the cost of repairs or other work to the extent Landlord is reimbursed by insurance or condemnation proceeds, any contractor, manufacturer or
supplier warranty of service contract or any other costs for which Landlord has been reimbursed or receives a credit refund or discount for same; (v) all costs in connection with leasing space in the Building, including brokerage commissions;
lease concessions, rental abatements and construction allowances granted to specific tenants; (vi) costs incurred in connection with the sale, financing or refinancing of the Building; (vii) fines, interest and penalties incurred due to
the late payment of Taxes or Expenses; (viii) organizational expenses associated with the creation and operation of the entity which constitutes Landlord; (ix) any penalties or damages that Landlord pays to Tenant under this Lease or to
other tenants in the Building under their respective leases; (x) reserves of any kind, including, but not limited to replacement reserves, and reserves for bad debts or lost rent or any similar charge not involving the payment of money to third
parties; (xi) rent paid to any ground lessor; (xii) the cost of services, goods or materials for the benefit solely of tenants of the Building other than Tenant to the extent that Tenant could not obtain similar services, goods or
materials from Landlord without an obligation to reimburse Landlord for the entire cost thereof under the provisions of this Lease; (xiii) costs incurred by Landlord in connection with the correction of defects in design and original
construction of the Building; (xiv) costs associated with the operation of the business of the partnership or entity which constitutes the Landlord, as the same are distinguished from the costs of operation of the Building; (xv) legal
fees, consulting fees, and accountants fees and related expenses relating to leasing and enforcement of leases, or related to the defense of Landlord’s title to the Property or any part thereof; (xvi) attorney’s fees and other
expenses incurred in connection with negotiations or disputes with tenants or other occupants of the Building. 

3.    “Taxes” shall mean: (a) all real property taxes and other assessments on the Building and/or Property,
including, but not limited to, gross receipts taxes, assessments for special improvement districts and building improvement districts, governmental charges, fees and assessments for police, fire, traffic mitigation or other governmental service of
purported benefit to the Property, taxes and assessments levied in substitution or supplementation in whole or in part of any such taxes and assessments and the Property’s share of any real estate taxes and assessments under any reciprocal
easement agreement, common area agreement or similar agreement as to the Property; (b) all personal property taxes for property that is owned by Landlord and used in connection with the operation, maintenance and repair of the Property
(equitably adjusted with respect to any such personal property that is used by Landlord in connection with the operation, maintenance and repair of properties other than the Property); and (c) all costs and fees incurred in connection with the
seeking of reductions in any tax liabilities described in (a) and (b), including, without limitation, any costs incurred by Landlord for compliance, review and appeal of tax liabilities. Without limitation, Taxes shall not include any income,
capital levy, transfer, capital stock, gift, estate or inheritance tax. If a change is obtained for Taxes for the Base Year, Taxes for the Base Year shall be restated and the Tax Excess for all Adjustment Years shall be recomputed. Tenant shall pay
Landlord the amount of Tenant’s Share of any such increase in the Tax Excess within thirty (30) days after Tenant’s receipt of a statement from Landlord. 

  
 B-3 

 4.    “Insurance Expenses” shall mean the amount paid or incurred by
Landlord (i) in insuring all or any portion of the Property under policies of insurance, which may include commercial general liability insurance, property insurance, worker’s compensation insurance, rent interruption insurance, contingent
liability and builder’s risk insurance, and any insurance as may from time to time be maintained by Landlord and (ii) for deductible payments under any insured claims. If Landlord elects to self-insure, Landlord shall include within
Insurance Expenses for purposes of the Base Year amounts equal to commercially reasonable premium payments that would otherwise have been payable by Landlord, had Landlord not elected to self-insure, and for each year thereafter, commercially
reasonable increases in such premium payments, based upon increases typical of third party insurance of the same type over the Base Year as determined by Landlord in its reasonable discretion. In the event of a loss that would otherwise be covered
by third party insurance but for which Landlord elected to self-insure, Insurance Expenses shall include commercially reasonable deductible amounts based upon deductible amounts typical of third party insurance of the same type, as determined by
Landlord in its reasonable discretion. For the purpose of this Lease, Landlord and Tenant agree that a commercially reasonable deductible under an earthquake insurance policy shall mean a commercially reasonable percentage of the total loss incurred
as a result of an earthquake event. 
 5.    “Occupancy Adjustment”. If at any time during a calendar year (or portion
thereof), including the Base Year, the Building is less than ninety-five percent (95%) occupied or Landlord is not supplying services to at least 95% of the total Rentable Area of the Building, those components of Expenses that vary based on
occupancy shall be determined as if the Building had been 95% occupied and Landlord had been supplying services to 95% of the Rentable Area of the Building during such calendar year. Notwithstanding the foregoing, Landlord may calculate the
extrapolation of Expenses under this Section based on 100% occupancy and service so long as such percentage is used consistently for each year of the Term. The extrapolation of Expenses under this Section shall be performed in accordance with the
methodology specified by the Building Owners and Managers Association or other generally accepted industry practices. 
 6.    Cost
Pools. Landlord shall have the right, from time to time, to equitably allocate some or all of the Expenses and/or Insurance Expenses among different portions or occupants of the Building (the “Cost Pools”), in Landlord’s
discretion. Such Cost Pools may, for example, include, but shall not be limited to, the office space tenants of the Building and the retail space tenants. The Expenses and/or Insurance Expenses allocable to each such Cost Pool shall be allocated to
such Cost Pool and charged to the tenants within such Cost Pool in an equitable manner. 
 7.    Tenant’s Audit Right.
Tenant shall have the right to conduct an audit of Landlord’s books and records relating to Expenses, Taxes and Insurance Expenses in accordance with the following terms and provisions, provided that Tenant delivers written notice of its intent
to audit within ninety (90) days after receipt by Tenant of a Final Statement and completes such audit within thirty (30) days after the date Landlord makes Landlord’s books and records available to Tenant: 

(i)    No Default on the part of Tenant then exists. 

(ii)    Tenant shall have the right to have a Qualified Auditor (as defined below) inspect Landlord’s accounting
records at Landlord’s office. 

  
 B-4 

 (iii)    The Qualified Auditor shall not be employed or engaged on a
contingency basis, in whole or in part. 
 (iv)    Prior to commencing the audit, Tenant and the auditor shall:
(A) if the auditor is not an employee of Tenant, provide Landlord with evidence that the auditor is from a nationally recognized accounting firm and that the individual performing the audit is a certified public accountant (a “Qualified
Auditor); (B) each sign a confidentiality letter to be provided by Landlord; and (C) provide Landlord with evidence of the fee arrangement between the auditor and Tenant. 

(v)    The audit shall be limited solely to confirming that the Expenses, Taxes and Insurance Expenses reported in the
Landlord’s Statement are consistent with the terms of this Lease. The auditor shall not make any judgments as to the reasonableness of any item of expense and/or the total Expenses, total Taxes, or total Insurance Expenses, nor shall such
reasonableness be subject to audit except where this Exhibit B specifically states that a particular item must be reasonable. 

(vi)    If Tenant’s auditor finds errors or overcharges in the Final Statement that Tenant wishes to pursue, then
within the time period set forth above Tenant shall advise Landlord thereof in writing with specific reference to claimed errors and overcharges and the relevant Lease provisions disqualifying such expenses. Landlord shall have .a reasonable
opportunity to meet with Tenant’s auditor (and any third auditor selected as provided below, if applicable) to explain its calculation of Expenses, Taxes, or Insurance Expenses, it being the understanding of Landlord and Tenant that Landlord
intends to operate the Building as a first-class office building with services at or near the top of the market. If Landlord agrees with said findings, appropriate rebates or charges shall be made to Tenant. If Landlord does not agree, Landlord
shall engage its own auditor to review the findings ,of Tenant’s auditor and Landlord’s books and records. The two (2) auditors and the parties shall then meet to resolve any difference between the audits. 

(vii)    If agreement cannot be reached within two (2) weeks thereafter, then the auditors shall together select a
third auditor (who shall be a Qualified Auditor not affiliated with and who does not perform services for either party or their affiliates) to which they shall each promptly submit their findings in a final report, with copies submitted
simultaneously to the first two (2) auditors, Tenant and Landlord. Within two (2) weeks after receipt of such findings, the third auditor shall determine which of the two reports best meets the terms of the Lease, which report shall become
the “Final Finding”. The third auditor shall not have the option of selecting a compromise between the first two auditors’ findings, nor to make any other finding. 

(viii)    If the Final Finding determines that Landlord has overcharged Tenant, Landlord shall credit Tenant toward the
payment of additional Rent next due and payable under this Lease the amount of such overcharge. If the Final Finding determines that Tenant was undercharged, then within thirty (30) days after the Final Finding, Tenant shall reimburse Landlord
the amount of such undercharge. 
 (ix)    If the Final Finding results in a determination that Landlord overstated the
total amount charged to Tenant for Expenses, Taxes or Insurance Expenses by more than five percent (5%) for the calendar year subject to the audit, Landlord shall pay its own audit costs and reimburse

  
 B-5 

 
Tenant for its costs associated with said audits. If the Final Finding results in a credit to Tenant of less than five percent (5%) of Tenant’s Share of the Expenses, Taxes or Insurance
Expenses for the calendar year subject to the audit (or in a determination that Tenant underpaid Expense for such year), Tenant shall pay its own costs and shall reimburse Landlord for Landlord’s costs associated with said audits. In all other
events, each party shall pay its own audit costs, including one-half (1/2) of the cost of the third auditor. 

  
 B-6 

 EXHIBIT C 

WORK AGREEMENT 

THIS WORK AGREEMENT (this “Work Agreement”) is attached to and made a part of that certain Lease (the
“Lease”) between CA-MISSION STREET LIMITED PARTNERSHIP (“Landlord”) and FORGEROCK, INC., a Delaware corporation (“Tenant”). All
capitalized terms used but not defined herein shall have the respective meanings given such terms in the Lease. This Work Agreement sets forth the terms and conditions relating to the construction of Tenant Improvements (defined below) in the
Premises. For purposes of this Work Agreement, the term “Premises” includes the Deferred Space. 
 SECTION 1 

ALLOWANCE; TENANT IMPROVEMENTS 

1.1    Allowance. Tenant shall be entitled to an allowance (the “Allowance”) in an amount
not to exceed $32.50 per rentable square foot of the Premises (i.e., $511,680.00) for the costs relating to the design, permitting and construction of Tenant’s improvements which are permanently affixed to the Premises (the “Tenant
Improvements”). In no event will Landlord be obligated to make disbursements or incur costs pursuant to this Work Agreement in a total amount which exceeds the Allowance. Any portion of the Allowance not disbursed in accordance with
the terms of this Work Agreement shall revert to Landlord and Tenant shall have no rights thereto. 

1.2    Disbursement of the Allowance. 

(a)    Allowance Items. The Allowance shall be disbursed by Landlord only for the following items and costs
(collectively the “Allowance Items”): 
 (i)    Payment of the fees of the Architect and the Building
Consultants (as those terms are defined below) and payment of fees and costs reasonably incurred by Landlord for the review of the Construction Drawings (defined below) by Landlord’s third party consultants; 

(ii)    The payment of plan check, permit and license fees relating to the Tenant Improvements; 

(iii)    The cost of construction of the Tenant Improvements, including, without limitation, after hours charges, testing
and inspection costs, freight elevator usage, trash removal costs, and contractors’ fees and general conditions; 

(iv)    The cost of any changes to the Building when such changes are required by the Construction Drawings, such cost to
include all architectural and/or engineering fees and expenses incurred in connection therewith; 
 (v)    The cost of
any changes to the Construction Drawings (defined below) or Tenant Improvements required by applicable building codes (collectively, “Code”); and 

(vi)    The Supervision Fee (defined below). 

  
 C-1 

 SECTION 2 

CONSTRUCTION DRAWINGS 

2.1    Selection of Architect; Construction Drawings. Tenant shall retain an architect/space planner approved in
writing, in advance by Landlord, such approval not to be unreasonably withheld (the “Architect”) to prepare the Construction Drawings. Tenant shall retain the engineering consultants designated by Landlord listed below (the
“Building Consultants”) to prepare all plans and engineering working drawings and perform all work relating to mechanical, electrical and plumbing (“MEP”), HVAC/Air Balancing, life-safety, structural,
sprinkler and riser work: 
  

			
	MEP:	  	AWA
		
	Air Balancing:	  	Acco
		
	Life Safety:	  	Red Hawk
		
	Structural:	  	Rivera Consulting Group, Inc.
		
	Sprinkler	  	Ayoob Mechanical
		
	Riser Management:	  	IMG Technologies

 The plans and drawings to be prepared by Architect arid the Building Consultants hereunder (i.e., both
the Space Plan and the Working Drawings, as each term is defined below) shall be known collectively as the “Construction Drawings.” All Construction Drawings shall comply with the drawing format and specifications determined or
approved by Landlord and shall be subject to Landlord’s prior written approval, not to be unreasonably withheld, conditioned or delayed. All MEP drawings must be fully engineered and cannot be prepared on a “design-build”
basis. Landlord’s review of the Construction Drawings shall be for its sole purpose and shall not obligate Landlord to review the same, for quality, design, Code compliance or other like matters. Accordingly, notwithstanding that any
Construction Drawings are reviewed by Landlord or its space planner, architect, engineers and consultants, and notwithstanding any advice or assistance which may be rendered to Tenant by Landlord or Landlord’s space planner, architect,
engineers, and consultants, Landlord shall have no liability whatsoever in connection therewith and shall not be responsible for any omissions or errors contained in the Construction Drawings. 

2.2    Space Plan. No later than fifteen (15) days after the Effective Date, Tenant shall supply Landlord for
Landlord’s review and approval with four (4) copies signed by Tenant of its space plan for the Premises (the “Space Plan”) before any architectural working drawings or engineering drawings have been commenced. The
Space Plan shall include a layout and designation of all offices, rooms and other partitioning, their intended use, and equipment to be contained therein. Landlord may request clarification or more specific drawings for special use items not
included in the Space Plan. Landlord shall advise Tenant within ten (10) business days after Landlord’s receipt of the Space Plan (or, if applicable, such additional information requested by Landlord pursuant to the provisions of the
immediately preceding sentence) if the same is approved or is unsatisfactory or incomplete in any respect. If Tenant is so advised, Tenant shall, 

  
 C-2 

 
within five (5) business days, cause the Space Plan to be revised to correct any deficiencies or other matters Landlord may reasonably require. If Landlord reasonably disapproves any such
revised Space Plan (or any subsequent revisions) because such revised Space Plan does not address Landlord’s prior disapproval, any delay in the Substantial Completion of the Tenant Improvements resulting therefrom will be Tenant Delay. At
Landlord’s option, following Landlord’s approval of the Space Plan and prior to Tenant’s submission to Landlord of the Working Drawings, Tenant shall supply Landlord with such intermediate stages of the Construction Drawings as
Landlord reasonably requests for Landlord’s review and approval. 
 2.3    Working Drawings. After the Space
Plan has been approved by Landlord, Tenant shall supply the Architect and the Building Consultants with a complete listing of standard and non-standard equipment and specifications, including, without
limitation, B.T.U. calculations, electrical requirements and special electrical receptacle requirements for the Premises, to enable the Architect and the Building Consultants to complete the Working Drawings and shall cause the Architect and the
Engineers to promptly complete the architectural and engineering drawings for the Premises, and Architect shall compile a fully coordinated set of architectural, structural, mechanical, electrical and plumbing working drawings in a form which is
complete to allow subcontractors to bid on the work and to obtain all applicable permits (collectively, the “Working Drawings”) and shall submit the same to Landlord for Landlord’s review and approval within ten
(10) business days after Landlord’s approval of the Space Plan. Tenant shall supply Landlord with four (4) copies signed by Tenant of the Working Drawings. Landlord shall advise Tenant within ten (10) business days after
Landlord’s receipt of the Working Drawings if Landlord, in good faith, determines that the same are approved or are unsatisfactory or incomplete. If Tenant is so advised, Tenant shall, within five (5) business days, revise the Working
Drawings to correct any deficiencies or other matters Landlord may reasonably require. If Landlord disapproves any such revised Working Drawings (or any subsequent revisions) because such revised Working Drawings do not address Landlord’s prior
disapproval, any delay in the Substantial Completion of the Tenant Improvements resulting therefrom will be Tenant Delay. 

2.4    Landlord’s Approval. Landlord’s approval of any matter under this Work Agreement may be withheld if
Landlord reasonably determines that the same would violate any provision of the Lease or this Work Agreement or would adversely affect the mechanical, electrical, plumbing, heating, ventilating and air conditioning, life-safety or other systems of
the Building, the curtain wall of the Building, the structure or exterior appearance of the Building, or any other tenant’s use of such other tenant’s leased premises in the Building. 

SECTION 3 

CONSTRUCTION OF THE TENANT IMPROVEMENTS 

3.1    Contractor. A general contractor selected by Tenant pursuant to three (3) competitive bids obtained by
Landlord, and retained by Landlord (“Contractor”) shall construct the Tenant Improvements. 

  
 C-3 

 3.2    Cost Proposal. Following the selection of Contractor,
Landlord shall provide Tenant with a cost proposal based upon Contractor’s bid, which cost proposal shall include, as nearly as possible, the cost of all Allowance Items to be incurred in connection with the construction of the Tenant
Improvements (the “Cost Proposal”). The date on which Landlord delivers the Cost Proposal to Tenant shall be known hereafter as the “Cost Proposal Delivery Date”. If, within five (5) Business Days following the
Cost Proposal Delivery Date, Tenant approves the Cost Proposal or does not respond to the Cost Proposal, Landlord shall be released by Tenant to purchase the items set forth in the Cost Proposal and to commence the construction relating to such
items. If Tenant disapproves the Cost Proposal, Tenant will specify the basis for such disapproval in reasonable detail and, assuming Landlord does not reject Tenant’s proposed change(s), Landlord will revise the Cost Proposal and submit the
same to Tenant. The scope of Tenant’s review of any such revised Cost Proposal will be limited to Landlord’s correction of the items specified by Tenant in Tenant’s notice of disapproval. Tenant will notify Landlord of Tenant’s
approval or disapproval of such revised Cost Proposal within three (3) Business Days following receipt of same, and this process will continue (with Tenant responding within three (3) Business Days in each case) until Tenant has approved
the Cost Proposal; provided, however, that if Tenant disapproves the Cost Proposal, including any revised version thereof, any delay in construction resulting from any such further disapproval will be Tenant Delay. 

3.3    Construction Costs. 

(a)    Over-Allowance Amount. Not later than five (5) Business Days after the date Landlord notifies Tenant of
Contractor’s bid, Tenant shall deliver to Landlord cash in an amount (the “Over-Allowance Amount”) equal to the difference between (i) the estimated cost of all Allowance Items to be incurred in connection with the
construction of the Tenant Improvements, based in part upon Contractor’s bid (the “Final Costs”) and (ii) the amount of the Allowance (less any portion thereof already disbursed by Landlord, or in the process of being
disbursed by Landlord, on or before such date). The Over-Allowance Amount shall be disbursed by Landlord prior to the disbursement of any then remaining portion of the Allowance, and such disbursement shall be pursuant to the same procedure as the
Allowance. If at any time thereafter any revisions, changes, or substitutions shall be made to the Construction Drawings or the Tenant Improvements, any additional costs which arise in connection with such revisions, changes or substitutions or any
other additional costs shall be paid by Tenant to Landlord immediately upon Landlord’s request as an addition to the Over-Allowance Amount. Tenant shall be responsible for all costs associated with the Tenant Improvements to the extent the same
exceed the Allowance (notwithstanding the content of the Cost Proposal). If after final determination of the actual cost of the Tenant Improvements, such actual costs are less than the Final Costs as determined above, Landlord shall refund to Tenant
the amount of such difference, up to the amount of the Over-Allowance Amount paid by Tenant. 
 (b)    Landlord
Supervision Fee. Landlord shall supervise the construction by Contractor, and Tenant shall pay to Landlord a construction supervision and management fee (the “Landlord Supervision Fee”) in an amount equal to $1.50 per rentable
square foot of the Premises (i.e., $23,616.00). The Landlord Supervision Fee will be deducted from the Allowance. 

(c)    Contractor’s Warranties and Guaranties. Landlord hereby assigns to Tenant, on a nonexclusive basis, all
warranties and guaranties by Contractor relating to the Tenant Improvements, and Tenant hereby waives all claims against Landlord relating to or arising out of the design or construction of the Tenant Improvements. 

  
 C-4 

 (d)    Compliance with Laws. Landlord shall have the
responsibilities with respect to alterations to the Common Areas and the 29th floor restrooms as set forth in Section 5 of the Lease. 

SECTION 4 

SUBSTANTIAL COMPLETION OF THE TENANT IMPROVEMENTS 

4.1    Substantial Completion. For purposes of the Lease, “Substantial Completion” of the
Tenant Improvements shall occur upon the completion of construction of the Tenant Improvements pursuant to the Working Drawings (as reasonably determined by Landlord), with the exception of any punch list items and any tenant fixtures, equipment
(including security and other Tenant systems), work-stations (including any related fixtures and/or equipment electrification), built-in furniture, and telecommunications and data cabling and equipment, all of
which shall be the responsibility of Tenant to purchase and install at Tenant’s sole cost and expense. 

4.2    Delay in Substantial Completion. If there shall be a delay or delays in the Substantial Completion of the
Tenant Improvements, as a result of any of the following (each, a “Tenant Delay”) then, notwithstanding anything to the contrary set forth in the Lease or this Work Agreement and regardless of the actual date of the
Substantial Completion of the Tenant Improvements, for the purpose of determining the commencement of Tenant’s obligation to commence the payment of Rent under the Lease, the date of Substantial Completion of the Tenant Improvements shall be
deemed to be the date the Substantial Completion of the Tenant Improvements would have occurred if no Tenant Delay had occurred: 

(a)    Tenant’s failure to timely respond to any matter requiring Tenant’s approval; 

(b)    Tenant’s failure to timely pay any amount hereunder (including, without limitation, the Over-Allowance Amount
or Tenant’s Share of any costs); 
 (c)    A breach by Tenant of the terms of the Lease or this Work Agreement
(including, without limitation, Tenant’s failure to comply with any time deadlines specified in this Work Agreement); 

(d)    Changes in any of the Construction Drawings after approval of the same for any reason; 

(e)    Tenant’s requirement for materials, components, finishes or improvements which are not available in a
commercially reasonable time, and which are different from, or not included in, the Building Standards; 
 (f)    Changes
to the Building required by the Working Drawings; or 
 (g)    Any other acts or omissions of Tenant, its agents,
employees, contractors or vendors. 

  
 C-5 

 SECTION 5 

MISCELLANEOUS 

5.1    Tenant’s Representative. Tenant has designated John Fernandez as its sole representative with respect
to the matters set forth in this Work Agreement, until further notice to Landlord, who shall have full authority and responsibility to act on behalf of Tenant as required in this Work Agreement. 

5.2    Landlord’s Representative. Landlord has designated Cydney Richardson as its sole representative with
respect to the matters set forth in this Work Agreement, who, until further notice to Tenant, shall have full authority and responsibility to act on behalf of Landlord as required in this Work Agreement. 

5.3    Tenant’s Default. Notwithstanding any provision to the contrary contained in the Lease, if a Default by
Tenant under the Lease (including, without limitation, this Work Agreement) has occurred at any time on or before the substantial completion of the Tenant Improvements, then (i) in addition to all other rights and remedies granted to Landlord
pursuant to the Lease, Landlord shall have the right to withhold payment of all or any portion of the Allowance until such time, if any, as the default is cured in accordance with the terms of the Lease, and (ii) all other obligations of
Landlord under the terms of this Work Agreement shall be forgiven until such time as such default is cured pursuant to the terms of the Lease. 

  
 C-6 

 EXHIBIT D 

COMMENCEMENT LETTER 

(EXAMPLE) 
  

			
	Date	  	                                      
      
		
	Tenant	  	FORGEROCK, INC.
	Address	  	                                      
      
		  	                                      
      
		  	                                      
      

  

	Re:	 Commencement Letter with respect to that certain Lease dated as of_______ 2014, by and between CA-MISSION STREET LIMITED PARTNERSHIP, as Landlord, and _______________________ as Tenant, for 15,744 rentable square feet on the twenty-ninth (29th) floor of the Building located at 201 Mission Street, San
Francisco, California. 

 Dear :
                                         
    
 In accordance with the terms and conditions of the above referenced Lease, Tenant accepts possession of the
Premises and acknowledges: 
 1. The Commencement Date is
                                    ; 

2. The Schedule of Base Rent is
                                  ; 

3. The Termination Date is
                                         
 . 
 Please acknowledge the foregoing and your acceptance of possession by signing and returning 3 fully executed counterparts of
this Commencement Letter to my attention. Tenant’s failure to execute and return this letter, or to provide written objection to the statements contained in this letter, within 10 days after the date of this letter shall be deemed an approval
by Tenant of the statements contained herein. 
 CA-MISSION STREET LIMITED PARTNERSHIP, a Delaware limited
partnership 
  

	By:	 NAPI REIT TRS, INC., a Maryland corporation 

	Its:	 General Partner 

By:
                                        
     
 Name:
                                        
     
 Title:
                                        
     

  
 D-1 

			
	Acknowledged and Accepted:
	
	Tenant: FORGEROCK, INC.
		
	By:	 	[EXHIBIT - DO NOT SIGN]
	Name:	 	  

	Title:	 	  

	Date:	 	  

  
 D-2 

 EXHIBIT E 

BUILDING RULES AND REGULATIONS 

This Exhibit is attached to and made a part of the Office Lease Agreement (the “Lease”) by and between CA-MISSION STREET LIMITED PARTNERSHIP (“Landlord”) and FORGEROCK, INC., a Delaware corporation (“Tenant”) for space in the Building located at 201 Mission Street, San Francisco,
California. 
 The following rules and regulations shall apply, where applicable, to the Premises, the Building, the parking facilities (if
any), the Property and the appurtenances. In the event of a conflict between the following rules and regulations and the remainder of the terms of the Lease, the remainder of the terms of the Lease shall control. 

 

	1.	 Sidewalks, doorways, vestibules, halls, stairways and other similar areas shall not be obstructed by Tenant or
used by Tenant for any purpose other than ingress and egress to and from the Premises. No rubbish, litter, trash, or material shall be placed, emptied, or thrown in those areas. At no time shall Tenant permit Tenant’s employees to loiter in
Common Areas or elsewhere about the Building or Property. 

  

	2.	 Plumbing fixtures and appliances shall be used only for the purposes for which designed and no sweepings,
rubbish, rags or other unsuitable material shall be thrown or placed in the fixtures or appliances. 

  

	3.	 No signs, advertisements or notices shall be painted or affixed to windows, doors or other parts of the
Building, except those of such color, size, style and in such places as are first approved in writing by Landlord. All tenant identification and suite numbers at the entrance to the Premises shall be installed by Landlord, at Tenant’s cost and
expense, using the standard graphics for the Building. Except in connection with the hanging of lightweight pictures and wall decorations, no nails, hooks or screws shall be inserted into any part of the Premises or Building except by the Building
maintenance personnel without Landlord’s prior approval, which approval shall not be unreasonably withheld. 

  

	4.	 Landlord may provide and maintain in the first floor (main lobby) of the Building an alphabetical directory
board or other directory device listing tenants and no other directory shall be permitted unless previously consented to by Landlord in writing. 

  

	5.	 Tenant shall not place any lock(s) on any door in the Premises or Building without Landlord’s prior
written consent, which consent shall not be unreasonably withheld, and Landlord shall have the right at all times to retain and use keys or other access codes or devices to all locks within and into the Premises. A reasonable number of keys to the
locks on the entry doors in the Premises shall be furnished by Landlord to Tenant at Tenant’s cost and Tenant shall not make any duplicate keys. One hundred (100) key card for access to the Building shall be furnished by Landlord to Tenant
at Landlord’s cost; any additional key cards or replacement key cards shall be at Tenant’s expense. All keys and key cards shall be returned to Landlord at the expiration or early termination of the Lease. 

  
 E-1 

	6.	 All contractors, contractor’s representatives and installation technicians performing work in the Building
shall be subject to Landlord’s prior approval, which approval shall not be unreasonably withheld, and shall be required to comply with Landlord’s standard rules, regulations, policies and procedures, which may be revised from time to time.

  

	7.	 Movement in or out of the Building of furniture or office equipment, or dispatch or receipt by Tenant of
merchandise or materials requiring the use of elevators, stairways, lobby areas or loading dock areas, shall be performed in a manner and restricted to hours reasonably designated by Landlord. Tenant shall obtain Landlord’s prior approval by
providing a detailed listing of the activity, including the names of any contractors, vendors or delivery companies, which approval shall not be unreasonably withheld. Tenant shall assume all risk for damage, injury or loss in connection with the
activity. 

  

	8.	 Landlord shall have the right to approve the weight, size, or location of heavy equipment or articles in and
about the Premises, which approval shall not be unreasonably withheld; provided that approval by Landlord shall not relieve Tenant from liability for any damage in connection with such heavy equipment or articles 

 

	9.	 Tenant shall not: (a) make or permit any improper, objectionable or unpleasant noises or odors in the
Building, or otherwise interfere in any way with other tenants or persons having business with them; (b) solicit business or distribute or cause to be distributed, in any portion of the Building, handbills, promotional materials or other
advertising; or (c) conduct or permit other activities in the Building that might, in Landlord’s sole opinion, constitute a nuisance. 

  

	10.	 No animals, except those assisting individuals with disabilities, shall be brought into the Building or kept in
or about the Premises. 

  

	11.	 No inflammable, explosive or dangerous fluids or substances shall be used or kept by Tenant in the Premises,
Building or about the Property, except for those substances as are typically found in similar premises used for general office purposes and are being used by Tenant in a safe manner and in accordance with all applicable Laws. Tenant shall not,
without Landlord’s prior written consent, use, store, install, spill, remove, release or dispose of, within or about the Premises or any other portion of the Property, any asbestos-containing materials or any solid, liquid or gaseous material
now or subsequently considered toxic or hazardous under the provisions of 42 U.S.C. Section 9601 et seq. or any other applicable environmental Law which may now or later be in effect. Tenant shall comply with all Laws pertaining to and
governing the use of these materials by Tenant and shall remain solely liable for the costs of abatement and removal. 

  

	12.	 Tenant shall not use or occupy the Premises in any manner or for any purpose which might injure the reputation
or impair the present or future value of the Premises or the Building. Tenant shall not use, or permit any part of the Premises to be used for lodging, sleeping or for any illegal purpose. 

  
 E-2 

	13.	 Tenant shall not take any action which would violate Landlord’s labor contracts or which would cause a
work stoppage, picketing, labor disruption or dispute or interfere with Landlord’s or any other tenant’s or occupant’s business or with the rights and privileges of any person lawfully in the Building (“Labor
Disruption”). Tenant shall take the actions necessary to resolve the Labor Disruption, and shall have pickets removed and, at the request of Landlord, immediately terminate any work in the Premises that gave rise to the Labor Disruption,
until Landlord gives its written consent for the work to resume. Tenant shall have no claim for damages against Landlord or any of the Landlord Related Parties nor shall the Commencement Date of the Term be extended as a result of the above actions.

  

	14.	 Tenant shall not install, operate or maintain in the Premises or in any other area of the Building, electrical
equipment that would overload the electrical system beyond its capacity for proper, efficient and safe operation as determined solely by Landlord. Tenant shall not furnish cooling or heating to the Premises, including, without limitation, the use of
electric or gas heating devices, without Landlord’s prior written consent. Tenant shall not use more than its proportionate share of telephone lines and other telecommunication facilities available to service the Building.

  

	15.	 Tenant shall not operate or permit to be operated a coin or token operated vending machine or similar device
(including, without limitation, telephones, lockers, toilets, scales, amusement devices and machines for sale of beverages, foods, candy, cigarettes and other goods), except for machines for the exclusive use of Tenant’s employees and invitees.

  

	16.	 Bicycles and other vehicles are not permitted inside the Building or on the walkways outside the Building,
except in areas designated by Landlord. 

  

	17.	 Landlord may from time to time adopt systems and procedures for the security and safety of the Building and
Property, its occupants, entry, use and contents. Tenant, its agents, employees, contractors, guests and invitees shall comply with Landlord’s systems and procedures. 

 

	18.	 Landlord shall have the right to prohibit the use of the name of the Building or any other publicity by Tenant
that in Landlord’s sole opinion may impair the reputation of the Building or its desirability. Upon written notice from Landlord, Tenant shall refrain from and discontinue such publicity immediately. 

 

	19.	 Neither Tenant nor its agents, employees, contractors, guests or invitees shall smoke or permit smoking in the
Common Areas, unless a portion of the Common Areas have been declared a designated smoking area by Landlord, nor shall the above parties allow smoke from the Premises to emanate into the Common Areas or any other part of the Building. Landlord shall
have the right to designate the Building (including the Premises) as a non-smoking building. 

  

	20.	 Landlord shall have the right to designate and approve standard window coverings for the Premises and to
establish rules to assure that the Building presents a uniform exterior appearance. Tenant shall ensure, to the extent reasonably practicable, that window coverings are closed on windows in the Premises while they are exposed to the direct rays of
the sun. 

  
 E-3 

	21.	 Deliveries to and from the Premises shall be made only at the times in the areas and through the entrances and
exits reasonably designated by Landlord. Tenant shall not make deliveries to or from the Premises in a manner that might interfere with the use by any other tenant of its premises or of the Common Areas, any pedestrian use, or any use which is
inconsistent with good business practice. 

  

	22.	 The work of cleaning personnel shall not be hindered by Tenant after 5:30 P.M., and cleaning work may be done
at any time when the offices are vacant. Windows, doors and fixtures may be cleaned at any time. Tenant shall provide adequate waste and rubbish receptacles to prevent unreasonable hardship to the cleaning service. 

 

	23.	 Window coverings shall be closed when the effect of sunlight would impose unnecessary loads on the air
conditioning system. 

  

	24.	 Tenant shall not tamper with or attempt to adjust temperature control thermostats in the Premises. Landlord
shall make adjustments in thermostats on call from Tenant. 

  

	25.	 In no event will Tenant install equipment in the Premises of a type or at a level which adversely affects the
temperature range maintained by the Building’s heating and air conditioning system. 

  

	26.	 Landlord reserves the right to make such other and reasonable rules and regulations as in its judgment may from
time to time be needed for the safety, care and cleanliness of the Building and for the preservation of good order therein and will use commercially reasonable efforts to apply such rules and regulations consistently to all tenants of the Building.

  
 E-4 

 EXHIBIT F 

ADDITIONAL PROVISIONS 

This Exhibit is attached to and made a part of the Office Lease Agreement (the “Lease”) by and between CA-MISSION STREET LIMITED PARTNERSHIP (“Landlord”) and FORGEROCK, INC., a Delaware corporation (“Tenant’) for space in the Building located at 201 Mission Street, San Francisco,
California. 
 1.    Letter of Credit. 

(a)    General Provisions. No later than five (5) Business Days after Tenant’s execution of this Lease,
Tenant shall deliver to Landlord, as collateral for the full performance by Tenant of all of its obligations under the Lease and for all losses and damages Landlord may suffer as a result of Tenant’s failure to comply with one or more
provisions of the Lease, including, but not limited to, any post lease termination damages under section 1951.2 of the California Civil Code, a standby, unconditional, irrevocable, transferable letter of credit (the “Letter of
Credit”) in the form of Exhibit H to the Lease and containing the terms required herein, in the face amount of $731,226.67 (the “Letter of Credit Amount”), naming Landlord as beneficiary, issued (or confirmed) by
Silicon Valley Bank or another financial institution reasonably acceptable to Landlord (the “Issuing Bank”), permitting multiple and partial draws thereon from a location in San Francisco, California (or, alternatively, permitting
draws via overnight courier or facsimile), and otherwise in form acceptable to Landlord in its sole discretion. Tenant shall cause the Letter of Credit to be continuously maintained in effect (whether through replacement, amendment, renewal,
amendment or extension) in the Letter of Credit Amount through the date (the “Final LC Expiration Date”) that is 100 days after the scheduled expiration date of the Term. If the Letter of Credit held by Landlord expires earlier than
the Final LC Expiration Date (whether by reason of a stated expiration date or a notice of termination or non-renewal given by the Issuing Bank), Tenant shall deliver a new or amended Letter of Credit or
certificate of renewal or extension to Landlord not later than thirty (30) days prior to the expiration date of the Letter of Credit then held by Landlord. Any renewal, amended or replacement Letter of Credit shall comply with all of the
provisions of this Section 1, shall be irrevocable, transferable (with all transfer costs being the responsibility of Tenant) and shall remain in effect (or be automatically renewable) through the Final LC Expiration Date upon the same terms as
the expiring Letter of Credit or such other terms as may be acceptable to Landlord in its sole discretion. 

(b)    Drawings under Letter of Credit. Upon Tenant’s Default under the Lease(or would be a Default but
Landlord is precluded by applicable Law from sending a notice of default to Tenant), Landlord may, without prejudice to any other remedy provided in this Lease or by law, draw on the Letter of Credit and use all or part of the proceeds as set forth
in Section 1(c) below. In addition, if Tenant fails to furnish such renewal or replacement at least thirty (30) days prior to the stated expiration date of the Letter of Credit then held by Landlord, Landlord may draw upon such Letter of
Credit and hold the proceeds thereof (and such proceeds need not be segregated) in accordance with the terms of this Section 1. 

  
 F-1 

 (c)    Use of Proceeds by Landlord. The proceeds of the Letter of
Credit shall constitute Landlord’s sole and separate property (and not Tenant’s property or the property of Tenant’s bankruptcy estate) and Landlord may immediately upon any draw permitted under the Lease (and without notice to Tenant
except as may be expressly provided in the Lease) apply or offset the proceeds of the Letter of Credit: (i) against any Rent payable by Tenant under the Lease that is not paid when due following any applicable notice and cure periods;
(ii) against all losses and damages that Landlord has suffered or that Landlord reasonably estimates that it may suffer as a result of Tenant’s failure to comply with one or more provisions of the Lease, including any damages arising under
section 1951.2 of the California Civil Code following termination of the Lease, to the extent permitted by the Lease; (iii) against any costs incurred by Landlord permitted to be reimbursed pursuant to the Lease (including attorneys’
fees); and (iv) against any other amount that Landlord may spend or become obligated to spend by reason of Tenant’s Default for which Landlord shall be entitled to seek reimbursement in accordance with the Lease. Provided Tenant has
performed all of its obligations under the Lease, Landlord agrees to pay to Tenant by the Final LC Expiration Date the amount of any proceeds of the Letter of Credit received by Landlord and not applied as allowed above; provided, that if prior to
the Final LC Expiration Date a voluntary petition is filed by Tenant, or an involuntary petition is filed against Tenant by any of Tenant’s creditors, under the Federal Bankruptcy Code, then Landlord shall not be obligated to make such payment
in the amount of the unused Letter of Credit proceeds until either all preference issues relating to payments under the Lease have been resolved in such bankruptcy or reorganization case or such bankruptcy or reorganization case has been dismissed,
in each case pursuant to a final court order not subject to appeal or any stay pending appeal. 
 (d)    Additional
Covenants of Tenant. 
 (i)    If, at any time during the Term, Landlord determines that (i) the Issuing Bank
fails to meet any of the following three ratings standards as to its unsecured and senior, long-term debt obligations (not supported by third party credit enhancement): (x) “AZ or better by Moody’s Investors Service, or its successor, (y)
“A” or better by Standard & Poor’s Rating Service, or its successor; or (z) “A” or better by Fitch Ratings, or its successor or (ii) the Issuing Bank is no longer considered to be well capitalized under the
“Prompt Corrective Action” rules of the FDIC (as disclosed by the Issuing Bank’s Report of Condition and Income (commonly known as the “Call Report”) or otherwise) or (iii) the Issuing Bank has been placed into
receivership by the FDIC, or (iv) the Issuing Bank has entered into any other form of regulatory or governmental receivership, conservatorship or other similar regulatory or governmental proceeding, or is otherwise declared insolvent or
downgraded by the FDIC or closed for any reason, then, within ten (10) calendar days following Landlord’s notice to Tenant, Tenant shall deliver to Landlord a new Letter of Credit meeting the terms of this Section 1 issued by an
Issuing Bank meeting Landlord’s credit rating standards and otherwise acceptable to Landlord, in which event, Landlord shall return to Tenant the previously held Letter of Credit. If Tenant fails to timely deliver such replacement Letter of
Credit to Landlord, such failure shall be deemed a Default under the Lease without the necessity of additional notice or the passage of additional grace periods. 

(ii)    If, as result of any application or use by Landlord of or any part of the Letter of Credit, the amount of the
Letter of Credit plus any cash proceeds previously drawn by Landlord and not applied pursuant to Section 1(c) above, shall be less than the Letter of Credit Amount, Tenant shall, within five (5) days thereafter, provide Landlord with
additional letter(s) of credit in an amount equal to the deficiency (or replacement or amended letter of credit in the total Letter of Credit Amount), and a such additional (or replacement or amended) letter of credit shall

  
 F-2 

 
comply with all of the provisions of this Section 1, and if Tenant fails to comply with the foregoing, notwithstanding anything to the contrary contained in the Lease, the same shall
constitute a Default by Tenant. Tenant further covenants and warrants that it will neither assign, nor encumber the Letter of Credit or any part thereof and that neither Landlord nor successors or assigns will be bound by any such assignment,
encumbrance, attempt assignment or attempted encumbrance. 
 (e)    Nature of Letter of Credit. Landlord and
Tenant (1) acknowledge and agree that in no event or circumstance shall the Letter of Credit or any renewal thereof or substitute therefor or any proceeds thereof be deemed to be or be treated as a “security deposit” and any Law
applicable to security deposits in the commercial context including Section 1950.7 of the California Civil Code, as such section now exists or as may be hereafter amended or succeeded (“Security Deposit Laws”), (2) acknowledge
and agree that the Letter of Credit (including any renewal thereof or substitute therefor or any proceed thereof) is not intended to serve as a security deposit, and the Security Deposit Laws shall have no applicability or relevancy thereto, and
(3) waive any and all rights, duties and obligations either party may now or, in the future, will have relating to or arising from the Security Deposit Laws. Tenant hereby waives the provisions of Section 1950.7 of the California Civil
Code and all other provisions of Law, now or hereafter in effect, which (i) establish the time frame by which Landlord must refund a security deposit under lease, and/or (ii) provide that Landlord may claim from the Security Deposit only
those sums reasonably necessary to remedy defaults in the payment of rent, to repair damage caused by Tenant or to clean the Premises, it being agreed that Landlord may, in addition, claim those sums specified in this Section 1 above and/or
those sums reasonably necessary to compensate Landlord for any loss or damage caused by Tenant’s breach of the Lease or the acts or omission of Tenant or any other Tenant Related Parties, including any damages Landlord suffers following
termination of the Lease, all to the extent Landlord is entitled to recover the same from Tenant pursuant to the terms of the Lease. 

(f)    Reduction in the Letter of Credit Amount. Provided that the Reduction Conditions (defined below) are
satisfied as of the later to occur of a Reduction Date (defined below) and the date of Tenant’s applicable reduction request, upon written request by Tenant, the face amount of the Letter of Credit may be reduced as follows: (i) to
$639,823.34 as of the first (1st) Reduction Date; and (ii) to $548,420.00 as of the second (2nd) Reduction Date; (iii) to $457,016.67 as of the third (3rd) Reduction Date; and (iv) to $365,613.35 as of the fourth (4th) Reduction Date.
Any reduction in the Letter of Credit Amount shall be accomplished by Tenant providing Landlord with a substitute Letter of Credit or an amendment to the existing Letter of Credit, in the reduced amount. In no event shall the Letter of Credit Amount
be reduced below $365,613.35 during the Term. As used herein, the “Reduction Conditions” shall mean that (1) Tenant is not in Monetary Default, (2) no Insolvency Event then exists, (3) no Insolvency Event involving
Tenant has previously occurred, and (4) Tenant has had no more than two (2) previous Monetary Defaults, and both such Monetary Defaults were cured. As used herein, the “Reduction Date” shall mean the date(s) of expiration
of the twenty fourth (24th), thirty sixth (36th), forty eighth (48th) and sixtieth (60th) full calendar months of the Term. If Tenant has failed to meet the Reduction Conditions or any of them as to any Reduction Date, then any subsequent
reduction(s) Tenant is entitled to hereunder shall be reduced by the amount of the reduction Tenant would have been entitled to had Tenant not failed to satisfy the Reduction Conditions or any of them as to such earlier reduction. For example, if
Tenant fails to meet the Reduction Conditions or any of them as to the first Reduction Date, but meets the Reduction Conditions for all subsequent Reduction Dates, then the face amount of the Letter of Credit will be reduced as of the second
Reduction Date to $672,360.64, as of the third Reduction Date to $576,309.12, and as of the fourth Reduction Date to $480,257.60, and will thereafter not be reduced below such amount during the Term. 

  
 F-3 

 2.    Renewal Option. 

(a)    Grant of Option: Conditions. Tenant shall have the right to extend the Term of the Lease (the
“Renewal Option”) for one (1) additional period of five (5) years commencing on the day following the Termination Date and ending on the fifth (5th) anniversary of the Termination Date (the “Renewal
Term”), if: 
 (i)    Landlord receives irrevocable notice of exercise (“Initial Renewal
Notice”) not less than twelve (12) full calendar months prior to the Termination Date and not more than eighteen (18) full calendar months prior to the Termination Date; and 

(ii)    Tenant is not in Default under the Lease at the time that Tenant delivers its Initial Renewal Notice or as of the
Termination Date; and 
 (iii)    No more than twenty-five percent (25%) of the Premises is sublet (other than pursuant
to a Permitted Transfer) at the time that Tenant delivers its Initial Renewal Notice or as of the as of the Termination Date; and 

(iv)    Tenant’s interest in the Lease has not been assigned (other than pursuant to a Permitted Transfer) prior to
the date that Tenant delivers its Initial Renewal Notice or as of the Termination Date. 
 (b)    Terms Applicable to
Premises During Renewal Term. The initial Base Rent rate per rentable square foot of the Premises during the Renewal Term shall equal the Prevailing Market (hereinafter defined) rate per rentable square foot for the Premises. Base Rent during
the Renewal Term shall increase, if at all, in accordance with the increases assumed in the determination of Prevailing Market rate. Tenant shall pay Expenses, Taxes and Insurance Expenses for the Premises during the Renewal Term in accordance with
the terms of the Lease. 
 (c)    Initial Procedure for Determining Prevailing Market. Within thirty
(30) days after receipt of Tenant’s Initial Renewal Notice, Landlord shall advise Tenant of the applicable Base Rent rate for the Premises for the Renewal Term. Within fifteen (15) days after the date on which Landlord advises Tenant
of the applicable Base Rent rate for the Renewal Term, Tenant shall either (i) give Landlord final binding written notice (“Binding Notice”) of Tenant’s agreement with Landlord’s determination of the Prevailing Market
rate for the Renewal Term, or (ii) if Tenant disagrees with Landlord’s determination, provide Landlord with written notice of rejection (the “Rejection Notice”). If Tenant fails to provide Landlord with either a Binding
Notice or Rejection Notice within such fifteen (15) day period, Tenant will be deemed to have delivered a Rejection Notice. If Tenant provides Landlord with a Binding Notice, Landlord and Tenant shall enter into the Renewal Amendment (as
defined below) upon the terms and conditions set forth herein. If Tenant provides (or is deemed to have provided) Landlord with a Rejection Notice, Landlord and Tenant shall work together in good faith to agree upon the Prevailing Market rate for
the Premises during the Renewal Term. Upon agreement, Landlord and Tenant shall enter into the Renewal Amendment in accordance with the terms and conditions hereof. Notwithstanding the foregoing, if Landlord and Tenant fail to agree upon the
Prevailing Market rate within thirty (30) days after the date Tenant provides Landlord with a Rejection Notice (the “Negotiation Period”), the Prevailing Market rate will be determined in accordance with the arbitration
procedures described below. 

  
 F-4 

 (d)    Arbitration Procedure. 

(i)     Landlord and Tenant, within five (5) days after the date of expiration of the Negotiation Period, shall each
simultaneously submit to the other, in a sealed envelope, its good faith estimate of the Prevailing Market rate for the Premises during the Renewal Term (collectively referred to as the “Estimates”). If the higher of such Estimates
is not more than 105% of the lower of such Estimates, then the Prevailing Market rate shall be the average of the two Estimates. If the Prevailing Market rate is not resolved by the exchange of Estimates, then, within fourteen (14) days after
the exchange of Estimates, Landlord and Tenant shall each select a real estate broker to determine which of the two Estimates most closely reflects the Prevailing Market rate for the Premises during the Renewal Term. Each such real estate broker so
selected shall have had at least the immediately preceding ten (10) years’ experience as a real estate broker leasing first-class office space in the San Francisco financial district, with working knowledge of current rental rates and
practices. 
 (ii)    Upon selection, Landlord’s and Tenant’s brokers shall work together in good faith to
agree upon which of the two Estimates most closely reflects the Prevailing Market rate for the Premises. The Estimate chosen by the brokers shall be binding on both Landlord and Tenant. If either Landlord or Tenant fails to appoint a broker within
the fourteen (14) day period referred to above, the broker appointed by the other party shall be the sole broker for the purposes hereof. If the two brokers cannot agree upon which of the two Estimates most closely reflects the Prevailing
Market within twenty (20) days after their appointment, then, within fourteen (14) days after the expiration of such twenty (20) day period, the two brokers shall select a third broker meeting the aforementioned criteria. Once the
third broker (the “Arbitrator”) has been selected as provided for above, then, as soon thereafter as practicable but in any case within fourteen (14) days, the Arbitrator shall select which of the two Estimates most closely
reflects the Prevailing Market rate and such Estimate shall be binding on both Landlord and Tenant. The parties shall share equally in the costs of the Arbitrator. Any fees of any appraiser, counsel or experts engaged directly by Landlord or Tenant,
however, shall be borne by the party retaining such appraiser, counsel or expert. 
 (iii)    If the Prevailing Market
rate has not been determined by the commencement date of the Renewal Term, Tenant shall pay Base Rent upon the terms and conditions in effect during the last month of the Term for the Premises until such time as the Prevailing Market rate has been
determined. Upon such determination, the Base Rent for the Premises shall be retroactively adjusted to the commencement of the Renewal Term. If such adjustment results in an underpayment of Base Rent by Tenant, Tenant shall pay Landlord the amount
of such underpayment within thirty (30) days after the determination thereof. If such adjustment results in an overpayment of Base Rent by Tenant, Landlord shall credit such overpayment against the next installment of Base Rent due under the
Lease and, to the extent necessary, any subsequent installments, until the entire amount of such overpayment has been credited against Base Rent. 

  
 F-5 

 (e)    Renewal Amendment. If Tenant is entitled to and properly
exercises the Renewal Option, Landlord shall prepare an amendment (the “Renewal Amendment”) to reflect changes in the Base Rent, Base Year, term, termination date and other appropriate terms. Tenant shall execute and return the
Renewal Amendment to Landlord within fifteen (15) Business Days after Tenant’s receipt of same, but an otherwise valid exercise of the Renewal Option shall be fully effective whether or not the Renewal Amendment is executed. 

(f)    Prevailing Market. For purposes hereof, “Prevailing Market” shall mean the arms’
length fair market annual rental rate per rentable square foot under new and renewal leases and amendments (other than renewal amendments with rental rates not based on 100% of the then applicable fair market rental rates) with terms
commencing on or about the date on which the Prevailing Market is being determined hereunder, for tenants of comparable credit worthiness to the Tenant, for space comparable to the Premises in the Building and office buildings comparable to the
Building in the San Francisco, California, Financial District. The determination of Prevailing Market shall take into account any material economic differences between the terms of the Lease and any comparison lease or amendment, such as brokerage
commissions, rent abatements, construction costs, and other concessions and the manner, if any, in which the landlord under any such lease is reimbursed for operating expenses and taxes, as well as the level of improvements existing in the Premises.

 3.    Deferred Space. 

(a)    Tenant hereby leases from Landlord and Landlord leases to Tenant approximately 5,744 rentable square feet on the
twenty-ninth (29th) floor of the Building as shown on Exhibit A and labeled “Deferred Space A” and “Deferred Space B” (collectively referred to herein as the “Deferred Space”).
Deferred Space A is deemed to be 2,000 rentable square feet, and Deferred Space B is deemed to be 3,744 rentable square feet. The Lease Term with respect to the Deferred Space A shall commence effective as of the first day of the ninth (9th) full
calendar month after the Commencement Date (the “Deferred Space A Commencement Date”). The Lease Term with respect to Deferred Space B shall commence effective as of the first day of the sixteenth (16th) full calendar month after
the Commencement Date (the “Deferred Space B Commencement Date”). 
 (b)    No delays in Substantial
Completion of any Tenant Improvements shall result in a delay in the Deferred Space A Commencement Date or the Deferred Space B Commencement Date. The Deferred Space shall be a part of the Premises and subject to all the terms and conditions of this
Lease, except that no allowances, credits, abatements or other concessions (if any) set forth in this Lease for the Premises as constituted on the Effective Date or any other expansions shall apply to the Deferred Space except as expressly set forth
in the Lease. 
 (c)    The Deferred Space shall be leased by Tenant pursuant to all the terms and conditions of the
Lease, except that Base Rent rate per rentable square foot for the Deferred Space shall be the same as the Base Rent rate per square foot for the Premises on the Deferred Space Commencement Date, as provided in Section 1.03 of the Lease, and
shall increase at such times and in such amounts as the Base Rent for the Premises as provided in Section 1.03 of the Lease, .and the Base Year for Real Estate Taxes and for Operating Expenses for both Deferred Space A and Deferred Space B
shall be 2015. 

  
 F-6 

 (d)    Tenant acknowledges that there is and will not be a demising wall
or walls between Premises as it exists prior to the addition of the Deferred Space, and the Deferred Space. Tenant agrees that Tenant, its employees, contractors, officers, shareholders, visitors, invitees, and agents (the “Tenant
Parties”) shall not have the right to use or occupy any portion of Deferred Space A prior to the Deferred Space A Commencement Date, and shall not have the right to use or occupy any portion of Deferred Space B prior to the Deferred Space B
Commencement Date. For purposes of this Section 3(d), “use” includes, without limitation, having furniture or equipment within or resting on any portion of the Deferred Space, or use of such space for storage of any kind, but does not
include walking through the Deferred Space to reach another portion of the Premises. If at any time prior to the Deferred Space A Commencement Date, as to Deferred Space A and Deferred Space B, and at any time prior to the Deferred Space B
Commencement Date, as to Deferred Space B, and effective immediately as of such time as any Tenant Parties for any reason whatsoever violates the use restrictions for the Deferred Space as set forth in this Section 3(d), Landlord shall be
entitled, from that date forward, and without notice and without any opportunity to cure, to receive Rent on the entirety of the Deferred Space from Tenant in an amount equal to the per rentable square foot amount payable per month by Tenant at
that-time as to the Premises, increasing over time as set forth in Section 1.03 of the Lease. In addition, Tenant specifically agrees that its indemnity and waiver of claims contained in Section 13 of the Lease shall apply to Deferred
Space A and Deferred Space B as of the Commencement Date of this Lease, and that Tenant furthermore acknowledges and agrees that Tenant’s Insurance shall extend to and be contractually endorsed to cover all of Deferred Space A and Deferred
Space B as of the Commencement Date of this Lease. 

  
 F-7 

 EXHIBIT G 

PARKING AGREEMENT 

This Exhibit (the “Parking Agreement”) is attached to and made a part of the Office Lease Agreement (the
“Lease”) by and between CA-MISSION STREET LIMITED PARTNERSHIP (“Landlord”) and FORGEROCK, INC. (“Tenant”) for space in the Building located at 201 Mission
Street, San Francisco, California. 
 1.    During the Term, Tenant has the right to lease from Landlord and Landlord
agrees to lease to Tenant two (2) parking spaces (the “Spaces”) for the use of Tenant and Tenant’s clients and their respective employees in the surface parking lot servicing the Building (the “Parking
Lot”), located adjacent to the Building on the southeast side. Tenant’s rights under this Parking Agreement are contingent upon Tenant delivering not less than ten (10) days’ written notice to Landlord stating its election to
lease the Space(s), provided that Landlord may permit Tenant to lease the applicable Space(s) prior to the passage of such ten (10)-day period if such Space(s) are readily available. Tenant may elect not to
lease any or all of the Spaces by delivering written notice to Landlord, and such termination will be effective on the last day of the calendar month during which Tenant delivers such notice, provided that if Landlord receives such notice less than
three (3) days prior to the last day of the month, then such termination shall be effective on the last day of the following calendar month. If, following any such termination described in the foregoing sentence, Tenant may elect to re-lease the applicable Space(s) (subject to availability) under the terms and conditions hereof by delivering written notice of such election to Landlord. In addition to the Spaces described above, Tenant may lease
from Landlord additional spaces in the Parking Lot on a month-to-month basis, subject to the availability, and subject to the terms and conditions of this Parking
Agreement. The rent for such Spaces will initially be as follows: Tenant will pay $425.00 per month for each Space; said rate is subject to adjustment from time to time in Landlord’s sole but reasonable discretion. Such charges, if any, shall
be payable in advance to Landlord or such other entity as designated by Landlord, and shall be sent concurrent with Tenant’s payment of monthly Base Rent to the address Landlord designates from time to time. Except as otherwise set forth herein
below, no deductions from such charges, if any, shall be made for days on which the Parking Lot is not used by Tenant. 

2.    Tenant shall at all times comply with all applicable ordinances, rules, regulations, codes, laws, statutes and
requirements of all federal, state, county and municipal governmental bodies or their subdivisions respecting the use of the Parking Lot. Landlord reserves the right to adopt, modify and enforce reasonable rules (“Rules”) governing
the use of the Parking Lot from time to time. Landlord shall provide Tenant with one (1) parking pass for each of the Spaces, provided that Landlord shall have the right to require Tenant to place a deposit on each such parking pass and to pay
a fee for any lost or damaged parking pass. Landlord may refuse to permit any person who violates such Rules to park in the Parking Lot, and any violation of the Rules shall subject the car to removal from the Parking Lot following reasonable
notice. Tenant shall comply with and cause its employees to comply with all the Rules as well as all reasonable additions and amendments thereto. 

  
 G-1 

 3.    Unless specified to the contrary above, the Spaces hereunder shall
be provided on a non-designated “first-come, first-served” basis. Landlord reserves the right to assign other specific parking spaces, and to reserve other parking spaces for visitors, small cars,
handicapped persons and for other tenants, guests of tenants or other parties, which assignment and reservation or spaces may be relocated as determined by Landlord from time to time, and Tenant and persons designated by Tenant hereunder shall not
park in any such location designated for such assigned or reserved parking spaces. 
 4.    Tenant shall not store or
permit its employees to store any automobiles in the Parking Lot without the prior written consent of the operator. Except for emergency repairs, Tenant and its employees shall not perform any work on any automobiles while located in the Parking
Lot. If it is necessary for Tenant or its employees to leave an automobile in the Parking Lot overnight, Tenant shall provide the operator with prior notice thereof designating the license plate number and model of such automobile. 

5.    Landlord shall have the right to temporarily close the Parking Lot, or certain areas therein in order to perform
necessary repairs, maintenance and improvements to the Parking Lot, and in such events, Landlord shall refund any prepaid parking fee hereunder for any Spaces affected by such closure, prorated on a per diem basis. 

6.    LANDLORD SHALL NOT BE LIABLE FOR ANY LOSS, INJURY OR DAMAGE TO PERSONS USING THE PARKING LOT OR AUTOMOBILES OR
OTHER PROPERTY THEREIN, IT BEING AGREED THAT, TO THE FULLEST EXTENT PERMITTED BY LAW, THE USE OF THE SPACES SHALL BE AT THE SOLE RISK OF TENANT AND ITS EMPLOYEES. WITHOUT LIMITING THE FOREGOING, TENANT HEREBY VOLUNTARILY RELEASES, DISCHARGES, WAIVES
AND RELINQUISHES ANY AND ALL ACTIONS OR CAUSES OF ACTION FOR PERSONAL INJURY OR PROPERTY DAMAGE OCCURRING TO TENANT ARISING AS A RESULT OF PARKING IN THE PARKING LOT, OR ANY ACTIVITIES INCIDENTAL THERETO, WHEREVER OR HOWEVER THE SAME MAY OCCUR, AND
FURTHER AGREES THAT TENANT WILL NOT PROSECUTE ANY CLAIM FOR PERSONAL INJURY OR PROPERTY DAMAGE AGAINST LANDLORD OR ANY OF THE LANDLORD RELATED PARTIES FOR ANY SAID CAUSES OF ACTION. IN ALL EVENTS, TENANT AGREES TO LOOK FIRST TO ITS INSURANCE CARRIER
AND TO REQUIRE THAT TENANT’S EMPLOYEES LOOK FIRST TO THEIR RESPECTIVE INSURANCE CARRIERS FOR PAYMENT OF ANY LOSSES SUSTAINED IN CONNECTION WITH ANY USE OF THE PARKING LOT. TENANT HEREBY WAIVES ON BEHALF OF ITS INSURANCE CARRIERS ALL RIGHTS OF
SUBROGATION AGAINST LANDLORD OR LANDLORD RELATED PARTIES. 
 7.    Except in connection with a Permitted Transfer, or
in connection with a Transfer of this Lease consented to by Landlord in accordance with the provisions of Section 11 of the Lease, Tenant shall not assign its rights under this Parking Agreement or sublease any Space without the consent of
Landlord. Landlord shall have the right to terminate this Parking Agreement with respect to any Space that Tenant desires to sublet or assign its rights thereto. 

  
 G-2 

 8.    Landlord hereby reserves the right to enter into a management
agreement or lease with another entity for the operation of the Parking Lot (“Operator”). In such event, Tenant, upon request of Landlord, shall enter into a parking agreement upon substantially the same terms hereunder with the
Operator and pay the Operator the monthly charge established hereunder, and Landlord shall have no liability for claims arising through acts or omissions of the Operator. It is understood and agreed that the identity of the Operator may change from
time to time during the Term. In connection therewith, any parking lease or agreement entered into between Tenant and any Operator shall be freely assignable by such Operator or any successors thereto. 

  
 G-3 

 EXHIBIT H 

FORM LETTER OF CREDIT 

  
 H-1

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