Document:

EX-10.1

 Exhibit 10.1 

OAK STREET HEALTH, INC. 
  

 
 OMNIBUS
INCENTIVE PLAN 
  
  

ARTICLE I 
 PURPOSE;
EFFECTIVE DATE; TERM 
  

	1.1	 Purpose. The purpose of this Oak Street Health, Inc. Omnibus Incentive Plan is to enhance
the profitability and value of the Company for the benefit of its Stockholders by enabling the Company to offer Eligible Individuals stock- and cash-based incentives in order to attract, retain, and reward
such individuals and strengthen the mutuality of interests between such individuals and the Stockholders. 

  

	1.2	 Effective Date. The Plan became effective on August 5, 2020 (the
“Effective Date”). 

  

	1.3	 Term. No Award may be granted on or after the 10th anniversary of the Effective Date, but
Awards granted before such 10th anniversary may extend beyond that date. 

 ARTICLE II 

DEFINITIONS 
 For purposes of the Plan, the
following terms will have the following meanings: 
  

	2.1	 “Affiliate” means each of the following: (a) any Subsidiary;
(b) any Parent; (c) any corporation, trade, or business that is directly or indirectly controlled 50% or more (whether by ownership of stock, assets, or an equivalent ownership interest or voting interest) by the Company or any Affiliate;
(d) any trade or business that directly or indirectly controls 50% or more (whether by ownership of stock, assets, or an equivalent ownership interest or voting interest) of the Company; and (e) any other entity in which the Company or any
Affiliate has a material equity interest and that is designated as an “Affiliate” by resolution of the Committee. 

  

	2.2	 “Applicable Law” means the requirements related to or implicated by the
administration of the Plan under applicable state corporate laws, United States federal and state securities laws, the Code, any stock exchange or quotation system on which the Shares are listed or quoted, and the applicable laws of any foreign
country or jurisdiction where Awards are granted. 

  

	2.3	 “Award” means any award granted under the Plan of any Stock Option, Stock
Appreciation Right, Restricted Shares, Performance Award, Other Share-Based Award, or Other Cash-Based Award. All Awards will be granted by, confirmed by, and subject to the terms and conditions of, a written Award Agreement executed by the Company
and the Participant. 

  
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	2.4	 “Award Agreement” means the written or electronic agreement setting forth
the terms and conditions applicable to an Award. 

  

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

  

	2.6	 “Business Combination” has the meaning set forth in
Section 11.2(c). 

  

	2.7	 “Cause” means, unless otherwise determined by the Committee in the
applicable Award Agreement, with respect to an Eligible Employee’s or Consultant’s Separation from Service, the following: (a) in the case where there is no employment agreement, consulting agreement, change in control agreement, or
similar agreement in effect between the Company or an Affiliate and the Participant at the time of the grant of the Award (or where there is such an agreement but it does not define “cause” (or words of like import)), Separation from
Service due to a Participant’s insubordination, dishonesty, fraud, incompetence, moral turpitude, willful misconduct, refusal to perform the Participant’s duties or responsibilities (for any reason other than illness or incapacity),
repeated or material violation of any employment policy, violation or breach of any confidentiality agreement, work product agreement, or other agreement between the Participant and the Company, or materially unsatisfactory performance of the
Participant’s duties to the Company or an Affiliate; or (b) in the case where there is an employment agreement, consulting agreement, change in control agreement, or similar agreement in effect between the Company or an Affiliate and the
Participant at the time of the grant of the Award that defines “cause” (or words of like import), “cause” as defined under such agreement. Notwithstanding any foregoing term or condition of this definition of Cause, with respect
to a Non-Employee Director’s Separation from Service, “Cause” means an act or failure to act that constitutes cause for removal of a director under applicable
Delaware law. 

  

	2.8	 “Change in Control” has the meaning set forth in
Section 11.2. 

  

	2.9	 “Change in Control Price” has the meaning set forth in
Section 11.1. 

  

	2.10	 “Code” means the Internal Revenue Code of 1986. 

 

	2.11	 “Committee” means any committee of the Board duly authorized by the Board
to administer the Plan. If no committee is duly authorized by the Board to administer the Plan, “Committee” will be deemed to refer to the Board for all purposes under the Plan. 

 

	2.12	 “Common Stock” means the shares of common stock, $0.001 par value per
share, of the Company. Unless otherwise determined by the Committee, the Common Stock subject to any Award must constitute “service recipient stock” under Section 409A (or otherwise not subject the Award to Section 409A).

  

	2.13	 “Company” means Oak Street Health, Inc., a Delaware corporation, and its
successors by operation of law. 

  

	2.14	 “Consultant” means an advisor or consultant to the Company or an
Affiliate. 

  
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	2.15	 “Detrimental Conduct” means, as determined by the Company, the
Participant’s serious misconduct or unethical behavior, including any of the following: (a) any violation by the Participant of a restrictive covenant agreement that the Participant has entered into with the Company or an Affiliate
(covering, for example, confidentiality, non-competition, non-solicitation, non-disparagement, etc.); (b) any conduct by the
Participant that could result in the Participant’s Separation from Service for Cause; (c) the commission of a criminal act by the Participant, whether or not performed in the workplace, that subjects, or if generally known would subject,
the Company or an Affiliate to public ridicule or embarrassment, or other improper or intentional conduct by the Participant causing reputational harm to the Company, an Affiliate, or a client or former client of the Company or an Affiliate;
(d) the Participant’s breach of a fiduciary duty owed to the Company or an Affiliate or a client or former client of the Company or an Affiliate; (e) the Participant’s intentional violation, or grossly negligent disregard, of the
Company’s or an Affiliate’s policies, rules, or procedures; or (f) the Participant taking or maintaining trading positions that result in a need to restate financial results in a subsequent reporting period or that result in a
significant financial loss to the Company or an Affiliate. 

  

	2.16	 “Disability” means, unless otherwise determined by the Committee in the
applicable Award Agreement, with respect to a Participant’s Separation from Service, a permanent and total disability as defined in Code Section 22(e)(3). A Disability will only be deemed to occur at the time of the determination by the
Committee of the Disability; provided, however, that, for Awards that are subject to Section 409A, Disability means that a Participant is disabled under Section 409A. 

 

	2.17	 “Effective Date” has the meaning set forth in
Section 1.2. 

  

	2.18	 “Eligible Employee” means each employee of the Company or an Affiliate.

  

	2.19	 “Eligible Individual” means each Eligible Employee, Non-Employee Director, and Consultant who is designated by the Committee as eligible to receive an Award. 

  

	2.20	 “Exchange Act” means the Securities Exchange Act of 1934.

  

	2.21	 “Fair Market Value” means, as of any date and except as provided below,
the last sales price reported for the Common Stock on the applicable date as reported on the principal stock exchange in the United States on which the Common Stock is then listed, or if the Common Stock is not listed, or otherwise reported or
quoted, the Committee will determine the Fair Market Value taking into account the requirements of Section 409A. For purposes of the grant of any Award, the applicable date will be the trading day immediately before the date on which the Award
is granted. For purposes of any Award granted in connection with the Registration Date, the Fair Market Value will be the public offering price in the initial public offering as set forth on the cover of the final prospectus. For purposes of the
purchase of any Award, the applicable date will be the date a notice of purchase is received by the Company or, if not a day on which the applicable market is open, the next day that it is open. 

  
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	2.22	 “Family Member” means the Participant’s child, stepchild,
grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships, any person sharing the
Participant’s household (other than a tenant or employee), a trust in which these persons have more than 50% of the beneficial interest, a foundation in which these persons (or the Participant) control the management of assets, and any other
entity in which these persons (or the Participant) own more than 50% of the voting interests. 

  

	2.23	 “GAAP” means generally accepted accounting principles.

  

	2.24	 “Incentive Stock Option” or “ISO”
means any Stock Option awarded to an Eligible Employee of the Company, its Subsidiaries, or any Parent intended to be and designated as an “incentive stock option” within the meaning of Code Section 422. 

 

	2.25	 “Incumbent Directors” has the meaning set forth in
Section 11.2(b). 

  

	2.26	 “Lead Underwriter” has the meaning set forth in
Section 13.21. 

  

	2.27	 “Lock-Up Period” has the meaning
set forth in Section 13.21. 

  

	2.28	 “Non-Employee Director” means a
member of the Board or the board of directors of an Affiliate who is not an active employee of the Company or an Affiliate. 

  

	2.29	 “Nonstatutory Stock Option” means any Stock Option that is not an ISO.

  

	2.30	 “Other Cash-Based Award” means an award granted to an Eligible Individual
under Section 10.3 that is payable in cash at the time or times and subject to the terms and conditions determined by the Committee. 

 

	2.31	 “Other Share-Based Award” means an award granted to an Eligible
Individual under Article X that is valued in whole or in part by reference to, or is payable in or otherwise based on, Common Stock, including an award valued by reference to an Affiliate. 

 

	2.32	 “Parent” means any parent corporation of the Company within the meaning
of Code Section 424(e). 

  

	2.33	 “Participant” means an Eligible Individual who has been granted, and
holds, an Award. 

  

	2.34	 “Performance Award” means an an award granted to an Eligible Individual
under Article IX contingent upon achieving specified Performance Goals. 

  

	2.35	 “Performance Goals” means goals established by the Committee as
contingencies for Awards to vest or become exercisable or distributable, which may be based on business objectives or other measures of performance as the Committee, in its discretion, deems appropriate. Performance Goals may differ among Awards
granted to any one Participant or to different Participants. The Committee may also designate additional business objectives on which the Performance Goals may be based; and adjust, modify, or amend the aforementioned business objectives.

  
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	2.36	 “Performance Period” means the designated period during which Performance
Goals must be satisfied with respect to a Performance Award. 

  

	2.37	 “Person” means an individual, a partnership, a corporation, a limited
liability company, an association, a joint stock company, a trust, a joint venture, an unincorporated organization, and a government or any branch, department, agency, political subdivision, or official thereof. 

 

	2.38	 “Plan” means this Oak Street Health, Inc. Omnibus Incentive Plan.

  

	2.39	 “Proceeding” has the meaning set forth in
Section 13.10. 

  

	2.40	 “Registration Date” means the date on which the Company consummates the
sale of its Common Stock in a bona fide, firm commitment underwriting pursuant to a registration statement under the Securities Act. 

  

	2.41	 “Restricted Shares” means restricted Shares granted to an Eligible
Individual under Article VIII. 

  

	2.42	 “Restriction Period” has the meaning set forth in
Section 8.3(a). 

  

	2.43	 “Rule 16b-3” means Rule 16b-3
under Section 16(b) of the Exchange Act. 

  

	2.44	 “Section 409A” means Code
Section 409A. 

  

	2.45	 “Securities Act” means the Securities Act of 1933. 

 

	2.46	 “Separation from Service” means, unless otherwise determined by the
Committee or the Company, the termination of the applicable Participant’s employment with, and performance of services for, the Company and all Affiliates, including by reason of the fact that the Participant’s employer or other service
recipient ceases to be an Affiliate of the Company. Unless otherwise determined by the Company, if a Participant’s employment or service with the Company or an Affiliate terminates but the Participant continues to provide services to the
Company or an Affiliate in a Non-Employee Director capacity or as an Eligible Employee or Consultant, as applicable, such change in status will not be considered a Separation from Service. Approved temporary
absences from employment because of illness, vacation, or leave of absence and transfers among the Company and its Affiliates will not be considered Separations from Service. Notwithstanding the foregoing definition of Separation from Service, with
respect to any Award that constitutes nonqualified deferred compensation under Section 409A, “Separation from Service” means a “separation from service” as defined under Section 409A. 

 

	2.47	 “Share” means a share of Common Stock. 

 

	2.48	 “Share Reserve” has the meaning set forth in
Section 4.1. 

  
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	2.49	 “Stock Appreciation Right” means a right granted to an Eligible
Individual under Article VII to receive an amount in cash or Shares equal to the difference between (a) the Fair Market Value of a Share on the date such right is exercised and (b) the per Share exercise price of such right.

  

	2.50	 “Stock Option” means an option to purchase Shares granted to an Eligible
Individual under Article VI. 

  

	2.51	 “Stockholder” means a stockholder of the Company. 

 

	2.52	 “Subsidiary” means any subsidiary corporation of the Company within the
meaning of Code Section 424(f). 

  

	2.53	 “Ten Percent Stockholder” means a Person owning stock possessing more
than 10% of the total combined voting power of all classes of stock of the Company, its Subsidiaries, or any Parent. 

  

	2.54	 “Transfer” means (a) when used as a noun, any direct or indirect
transfer, sale, assignment, pledge, hypothecation, encumbrance, or other disposition, whether for value or no value and whether voluntary or involuntary, and (b) when used as a verb, to directly or indirectly transfer, sell, assign, pledge,
encumber, charge, hypothecate, or otherwise dispose of, whether for value or for no value and whether voluntarily or involuntarily. “Transferred” and “Transferable” have a correlative meaning under the Plan.

 ARTICLE III 

ADMINISTRATION 
  

	3.1	 Committee. The Plan will be administered and interpreted by the Committee. To the extent
required by Applicable Law, it is intended that each member of the Committee will qualify as (a) a “non-employee director” under Rule 16b-3 and (b) an “independent director” under
the rules of the principal stock exchange in the United States on which the Common Stock is then listed, as applicable. If it is later determined that 1 or more members of the Committee do not so qualify, actions taken by the Committee before such
determination will be valid despite such failure to qualify. 

  

	3.2	 Grants of Awards. The Committee will have full authority to grant, under the terms and
conditions of the Plan, to Eligible Individuals: (i) Stock Options, (ii) Stock Appreciation Rights, (iii) Restricted Shares, (iv) Performance Awards, (v) Other Share-Based Awards, and (vi) Other Cash-Based Awards. In
particular, the Committee will have the authority: 

  

	 	(a)	 to select the Eligible Individuals to whom Awards may be granted; 

 

	 	(b)	 to determine whether and to what extent Awards, or any combination thereof, are to be granted to 1 or more
Eligible Individuals; 

  

	 	(c)	 to determine the number of Shares to be covered by each Award; 

  
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	 	(d)	 to determine the terms and conditions, not inconsistent with the terms and conditions of the Plan, of all
Awards; 

  

	 	(e)	 to determine the amount of cash to be covered by each Award; 

 

	 	(f)	 to determine whether, to what extent, and under what circumstances grants of Stock Options and other Awards are
to operate on a tandem basis or in conjunction with or apart from other awards made by the Company outside of the Plan; 

  

	 	(g)	 to determine whether and under what circumstances a Stock Option may be settled in cash, Common Stock, or
Restricted Shares under Section 6.4(d); 

  

	 	(h)	 to determine whether a Stock Option is an ISO or Nonstatutory Stock Option; 

 

	 	(i)	 to impose a “blackout” period during which Stock Options may not be exercised; 

 

	 	(j)	 to determine whether to require a Participant, as a condition of the granting of any Award, to not sell or
otherwise dispose of Shares acquired upon the exercise of an Award for a period of time as determined by the Committee after the date of the acquisition of such Award; 

 

	 	(k)	 to modify, extend, or renew an Award, subject to Section 6.4(l) and
Article XII; and 

  

	 	(l)	 solely to the extent permitted by Applicable Law, to determine whether, to what extent, and under what
circumstances to provide loans (which may be on a recourse basis and bear interest at the rate the Committee may determine) to Participants in order to exercise Stock Options. 

 

	3.3	 Guidelines. Subject to Article XII, the Committee will have the authority to adopt,
alter, and repeal such administrative rules, guidelines, and practices governing the Plan and perform all acts, including the delegation of its responsibilities (to the extent permitted by Applicable Law), as it may deem advisable; to construe and
interpret the Plan, all Awards, and all Award Agreements (and in each case any agreements relating thereto); and to otherwise supervise the administration of the Plan. The Committee may correct any defect, supply any omission, or reconcile any
inconsistency in the Plan or in any agreement relating thereto in the manner and to the extent it deems necessary to effectuate the purpose and intent of the Plan. The Committee may adopt special terms and conditions for Persons who are residing in,
or employed in, or subject to the taxes of, any domestic or foreign jurisdictions to comply with Applicable Law. Notwithstanding the foregoing terms and conditions of this Section 3.3, no action of the Committee under this
Section 3.3 may substantially impair the rights of any Participant without the Participant’s consent. To the extent applicable, the Plan is intended to comply with the applicable requirements of Rule 16b-3, and the
Plan will be limited, construed, and interpreted in a manner so as to comply therewith. 

  

	3.4	 Sole Discretion; Decisions Final. Any decision, interpretation, or other action made or
taken by or at the direction of the Company, the Board, or the Committee (or any of their 

  
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members) arising out of or in connection with the Plan will be within the sole and absolute discretion of all and each of them, as the case may be, and will be final, binding, and conclusive on
the Company and all employees and Participants and their respective heirs, executors, administrators, successors, and assigns and all other Persons having an interest in the Plan. 

 

	3.5	 Designation of Consultants/Liability. 

 

	 	(a)	 The Committee may designate employees of the Company and professional advisors to assist the Committee in the
administration of the Plan and may grant authority to officers to grant Awards and execute agreements and other documents on behalf of the Committee, in each case to the extent permitted by Applicable Law. In the event of any designation of
authority hereunder, subject to Applicable Law and any terms and conditions imposed by the Committee in connection with such designation, such designee or designees will have the power and authority to take such actions, exercise such powers, and
make such determinations that are otherwise specifically designated to the Committee hereunder. 

  

	 	(b)	 The Committee may employ such legal counsel, consultants, and agents as it may deem desirable for the
administration of the Plan and may rely upon any opinion received from any such counsel or consultant and any computation received from any such consultant or agent. Expenses incurred by the Committee or the Board in the engagement of any such
counsel, consultant, or agent will be paid by the Company. The Committee, its members, and any Person designated under Section 3.5(a) will not be liable for any action or determination made in good faith with respect to the
Plan. To the maximum extent permitted by Applicable Law, no officer of the Company or member or former member of the Committee or of the Board will be liable for any action or determination made in good faith with respect to the Plan or any Award.

  

	3.6	 Indemnification. To the maximum extent permitted by Applicable Law and the Certificate of
Incorporation and By-Laws of the Company and to the extent not covered by insurance directly insuring such Person, each officer and employee of the Company and each Affiliate and member or former member of the
Committee and the Board will be indemnified and held harmless by the Company against all costs and expenses and liabilities, and advanced amounts necessary to pay the foregoing at the earliest time and to the fullest extent permitted, arising out of
any act or omission to act in connection with the administration of the Plan, except to the extent arising out of such officer’s, employee’s, member’s, or former member’s own fraud or bad faith. Such indemnification will be in
addition to any right of indemnification the employees, officers, directors, or members or former officers, directors, or members may have under Applicable Law or under the Certificate of Incorporation or
By-Laws of the Company or an Affiliate. Notwithstanding any other term or condition of the Plan, this indemnification will not apply to the actions or determinations made by an individual with regard to Awards
granted to himself or herself. 

  
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 ARTICLE IV 

SHARE LIMITATION 
  

	4.1	 Shares. 

 

	 	(a)	 Share Limits and Counting. The maximum number of Shares available for issuance under the Plan may not
exceed the sum of (i) 26,250,709 Shares and (ii) 21,888,258 Shares issued pursuant to Restricted Shares in connection with the Registration Date (such sum, subject to any increase or decrease under this Section 4.1 or
Section 4.2, the “Share Reserve”). The Share Reserve may consist of authorized and unissued Shares and Shares held in or acquired for the treasury of the Company. The Share Reserve will
automatically increase on each January 1 that occurs after the Effective Date, for 10 years, by an amount equal to 5% of the total number of Shares outstanding on December 31 of the preceding calendar year, or a lesser number as may be
determined by the Board. The maximum number of Shares with respect to which ISOs may be granted is 26,250,709 Shares. With respect to Stock Appreciation Rights settled in Shares, upon settlement, only the number of Shares delivered to a Participant
will count against the Share Reserve. If any Stock Option, Stock Appreciation Right, or Other Share-Based Award expires, terminates, or is canceled for any reason without having been exercised in full, the number of Shares underlying such Award will
be added back to the Share Reserve. If any Restricted Shares, Performance Awards, or Other Share-Based Awards denominated in Shares are forfeited for any reason, the number of Shares underlying such Award will be added back to the Share Reserve. Any
Award settled in cash will not count against the Share Reserve. If Shares issuable upon exercise, vesting, or settlement of an Award are surrendered or tendered to the Company in payment of the purchase or exercise price of an Award or any taxes
required to be withheld in respect of an Award, in each case, in accordance with the terms of the Plan, such surrendered or tendered Shares will be added back to the Share Reserve. Awards may be granted in assumption of, or in substitution for,
outstanding awards previously granted by an entity acquired by the Company or with which the Company combines (“Substitute Awards”). Substitute Awards will not count against the Share Reserve; provided,
that Substitute Awards issued in connection with the assumption of, or in substitution for, outstanding Stock Options intended to qualify as ISOs will count against the ISO limit above. Subject to applicable stock exchange requirements, available
shares under a shareholder-approved plan of an entity acquired by the Company or with which the Company combines (as appropriately adjusted to reflect such acquisition or transaction) may be used for Awards and will not count against the Share
Reserve. 

  

	 	(b)	 Annual Non-Employee Director Award Limitation. The maximum value
of Awards granted during any calendar year to any Non-Employee Director, taken together with any cash fees paid to that Non-Employee Director during the calendar year
and the value of awards granted to the Non-Employee Director under any other compensation plan of the Company or any Affiliate during the calendar year, may not exceed $750,000 in total value (based on the
Fair Market Value of the Shares underlying the Award as of the grant date for Restricted Shares and Other Share-Based Awards, and based on the grant date fair value for accounting purposes for Stock Options and Stock Appreciation Rights).

  
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	4.2	 Changes. 

 

	 	(a)	 The existence of the Plan and any Awards will not affect in any way the right or power of the Board, the
Committee, or the Stockholders to make or authorize (i) any adjustment, recapitalization, reorganization, or other change in the Company’s capital structure or its business, (ii) any merger or consolidation of the Company or any
Affiliate, (iii) any issuance of bonds, debentures, preferred, or prior preference stock ahead of or affecting the Common Stock, (iv) the dissolution or liquidation of the Company or any Affiliate, (v) any sale or transfer of all or
part of the assets or business of the Company or any Affiliate, or (vi) any other corporate act or proceeding. 

  

	 	(b)	 Subject to Section 11.1: 

 

	 	(i)	 In the event of any change in the outstanding Common Stock or in the capital structure of the Company by reason
of any stock split, reverse stock split, recapitalization, reorganization, merger, consolidation, combination, division, exchange, spin off, extraordinary cash or stock dividend, or other relevant change in capitalization, Awards will be equitably
adjusted or substituted to the extent necessary to preserve the economic intent of such Awards. 

  

	 	(ii)	 Fractional Shares resulting from any adjustment in Awards under this Section 4.2(b)
will be aggregated until, and eliminated at, the time of exercise or payment by rounding down to the nearest whole number. No cash settlements will be required with respect to fractional Shares eliminated by rounding. Notice of any adjustment will
be given by the Committee to each Participant whose Award has been adjusted and such adjustment (whether or not such notice is given) will be effective and binding for all purposes of the Plan. 

 

	4.3	 Minimum Purchase Price. Notwithstanding any other term or condition of the Plan, if
authorized but previously unissued Shares are issued under the Plan, such Shares may not be issued for a consideration that is less than as permitted under Applicable Law. 

ARTICLE V 
 ELIGIBILITY

  

	5.1	 General Eligibility. All current and prospective Eligible Individuals are eligible to be
granted Awards. Eligibility for the grant of Awards and actual participation in the Plan will be determined by the Committee. 

  

	5.2	 ISOs. Notwithstanding Section 5.1, only Eligible Employees of the Company, its
Subsidiaries, and any Parent are eligible to be granted ISOs. 

  
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	5.3	 General Requirement. The vesting and exercise of Awards granted to a prospective Eligible
Individual must be conditioned upon such individual actually becoming an Eligible Employee, Consultant, or Non-Employee Director, respectively. 

ARTICLE VI 
 STOCK
OPTIONS 
  

	6.1	 Stock Options. Stock Options may be granted alone or in addition to other Awards. Each
Stock Option will be of 1 of 2 types: (a) an ISO or (b) a Nonstatutory Stock Option. 

  

	6.2	 Grants. The Committee will have the authority to grant to any Eligible Employee 1 or more
ISOs, Nonstatutory Stock Options, or both types of Stock Options. The Committee will have the authority to grant any Consultant or Non-Employee Director 1 or more Nonstatutory Stock Options. To the extent that
any Stock Option does not qualify as an ISO, such Stock Option or the portion thereof that does not so qualify will constitute a separate Nonstatutory Stock Option. 

 

	6.3	 ISOs. Notwithstanding any other term or condition of the Plan, no term or condition of the
Plan relating to ISOs will be interpreted, amended, or altered, nor will any discretion or authority granted under the Plan be so exercised, so as to disqualify the Plan under Code Section 422, or, without the consent of the Participants
affected, to disqualify any ISO under Code Section 422. 

  

	6.4	 Terms and Conditions of Stock Options. Stock Options will be subject to terms and
conditions, not inconsistent with the Plan, determined by the Committee, and the following: 

  

	 	(a)	 Exercise Price. The exercise price per Share subject to a Stock Option will be determined by the
Committee at the time of grant, provided that the per Share exercise price of a Stock Option may not be less than 100% (or, in the case of an ISO granted to a Ten Percent Stockholder, 110%) of the Fair Market Value of the Common Stock at the
grant date. 

  

	 	(b)	 Stock Option Term. The term of each Stock Option will be fixed by the Committee, provided that no
Stock Option may be exercisable more than 10 years after the date the Stock Option is granted; and provided further that the term of an ISO granted to a Ten Percent Stockholder may not exceed 5 years. 

 

	 	(c)	 Exercisability. Unless otherwise determined by the Committee in accordance with this
Section 6.4, Stock Options will be exercisable at the time or times and subject to the terms and conditions determined by the Committee at the time of grant. If the Committee provides that any Stock Option is exercisable
subject to certain terms and conditions, the Committee may waive those terms and conditions on the exercisability at any time at or after the time of grant in whole or in part. 

 

	 	(d)	 Method of Exercise. Subject to whatever installment exercise and waiting period terms and conditions
that may apply under Section 6.4(c), to the extent vested, Stock Options may be exercised in whole or in part at any time during the Stock Option term by giving written notice of exercise to the Company specifying the

  
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number of Shares to be purchased. Such notice must be accompanied by payment in full of the exercise price as follows: (i) in cash or by check, bank draft, or money order payable to the
order of the Company; (ii) solely to the extent permitted by Applicable Law, if the Common Stock is listed on a national stock exchange, and the Committee authorizes, through a procedure whereby the Participant delivers irrevocable instructions
to a broker reasonably acceptable to the Committee to deliver promptly to the Company an amount equal to the exercise price; (iii) to the extent the Committee authorizes, having the Company withhold Shares issuable upon exercise of the Stock
Option, or by payment in full or in part in the form of Shares owned by the Participant, based on the Fair Market Value of the Shares on the payment date; or (iv) on such other terms and conditions that may be acceptable to the Committee. No
Shares will be issued under the Plan until payment for those Shares has been made or provided for in accordance with the Plan. 

  

	 	(e)	 Non-Transferability of Stock Options. No Stock Option will be
Transferable by the Participant other than by will or by the laws of descent and distribution, and all Stock Options will be exercisable, during the Participant’s lifetime, only by the Participant, except that the Committee may determine at the
time of grant or thereafter that a Nonstatutory Stock Option that is otherwise not Transferable under this Section 6.4(e) is Transferable to a Family Member in whole or in part on terms and conditions that are specified by
the Committee. A Nonstatutory Stock Option that is Transferred to a Family Member under the preceding sentence (i) may not be subsequently Transferred other than by will or by the laws of descent and distribution and (ii) remains subject
to the Plan and the applicable Award Agreement. Any Shares acquired upon the exercise of a Nonstatutory Stock Option by a permissible transferee of a Nonstatutory Stock Option or a permissible transferee under a Transfer after the exercise of the
Nonstatutory Stock Option will be subject to the Plan and the applicable Award Agreement. 

  

	 	(f)	 Separation from Service by Death or Disability. Unless otherwise determined by the Committee at the time
of grant, or if no rights of the Participant are reduced, thereafter, if a Participant’s Separation from Service is by reason of death or Disability, all Stock Options that are held by such Participant that are vested and exercisable at the
time of the Participant’s Separation from Service may be exercised by the Participant (or in the case of the Participant’s death, by the legal representative of the Participant’s estate) at any time within a period of 1 year from the
date of such Separation from Service, but in no event beyond the expiration of the stated term of such Stock Options; provided, however, that, in the event of a Participant’s Separation from Service by reason of Disability, if the
Participant dies within such exercise period, all unexercised Stock Options held by such Participant will thereafter be exercisable, to the extent to which they were exercisable at the time of death, for a period of 1 year from the date of such
death, but in no event beyond the expiration of the stated term of such Stock Options. 

  

	 	(g)	 Involuntary Separation from Service without Cause. Unless otherwise determined by the Committee at the
time of grant, or if no rights of the Participant are reduced, thereafter, if a Participant’s Separation from Service is initiated by the Company 

  
 12 

	 	
without Cause, all Stock Options that are held by such Participant that are vested and exercisable at the time of the Participant’s Separation from Service may be exercised by the
Participant at any time within a period of 90 days after the date of such Separation from Service, but in no event beyond the expiration of the stated term of such Stock Options. 

 

	 	(h)	 Voluntary Resignation. Unless otherwise determined by the Committee at the time of grant, or if no
rights of the Participant are reduced, thereafter, if a Participant’s Separation from Service is voluntary (other than a voluntary Separation from Service described in Section 6.4(i)(y)), all Stock
Options that are held by such Participant that are vested and exercisable at the time of the Participant’s Separation from Service may be exercised by the Participant at any time within a period of 90 days from the date of such Separation from
Service, but in no event beyond the expiration of the stated term of such Stock Options. 

  

	 	(i)	 Separation from Service for Cause. Unless otherwise determined by the Committee at the time of grant, or
if no rights of the Participant are reduced, thereafter, if a Participant’s Separation from Service (x) is for Cause or (y) is a voluntary Separation from Service (as provided in Section 6.4(h)) after the
occurrence of an event that would be grounds for a Separation from Service for Cause, all Stock Options, whether vested or not vested, that are held by such Participant will terminate and expire as of the date of such Separation from Service.

  

	 	(j)	 Unvested Stock Options. Unless otherwise determined by the Committee at the time of grant, or if no
rights of the Participant are reduced, thereafter, Stock Options that are not vested as of the date of a Participant’s Separation from Service for any reason will terminate and expire as of the date of such Separation from Service.

  

	 	(k)	 ISO Terms and Conditions. To the extent that the aggregate Fair Market Value (determined as of the time
of grant) of the Common Stock with respect to which ISOs are exercisable for the first time by an Eligible Employee during any calendar year under the Plan or any other stock option plan of the Company, any Subsidiary, or any Parent exceeds
$100,000, such Stock Options will be treated as Nonstatutory Stock Options. In addition, if an Eligible Employee does not remain employed by the Company, any Subsidiary, or any Parent at all times from the time an ISO is granted until 3 months
before the date of exercise thereof (or such other period as required by Applicable Law), such Stock Option will be treated as a Nonstatutory Stock Option. Should any term or condition of the Plan not be necessary in order for the Stock Options to
qualify as ISOs, or should any additional terms and conditions be required, the Committee may amend the Plan accordingly. 

  

	 	(l)	 Form, Modification, Extension and Renewal of Stock Options. Subject to the terms and conditions of the
Plan, Stock Options will be evidenced by such form of agreement or grant as is approved by the Committee, and the Committee may (i) modify, extend, or renew outstanding Stock Options (provided that the rights of a Participant are not
reduced without such Participant’s consent; and provided, further, that such action does not subject the Stock Options to Section 409A without 

  
 13 

	 	
the consent of the Participant), and (ii) accept the surrender of outstanding Stock Options (to the extent not theretofore exercised) and authorize the granting of new Stock Options in
substitution therefor (to the extent not theretofore exercised). Notwithstanding any other term or condition of the Plan, except in connection with a corporate transaction involving the Company in accordance with
Section 4.2, the repricing of Options (and Stock Appreciation Rights) is prohibited without prior approval of the Stockholders. For this purpose, a “repricing” means any of the following (or any other action that
has the same effect as any of the following): (y) any action that is treated as a “repricing” under GAAP and (z) repurchasing for cash or canceling an Option or a Stock Appreciation Right at a time when its exercise price is
greater than the Fair Market Value of the underlying Shares in exchange for another Award. A cancellation and exchange under clause (z) would be considered a “repricing” regardless of whether it is treated as a “repricing”
under GAAP and regardless of whether it is voluntary on the part of the Participant. 

  

	 	(m)	 Early Exercise. The Committee may provide that a Stock Option include a term or condition whereby the
Participant may elect at any time before the Participant’s Separation from Service to exercise the Stock Option as to any part or all of the Shares subject to the Stock Option before the full vesting of the Stock Option and such Shares will be
subject to the terms and conditions of Article VIII and be treated as Restricted Shares. Unvested Shares so exercised may be subject to a repurchase option in favor of the Company or to any other restriction the Committee may determine.

  

	 	(n)	 Automatic Exercise. The Committee may include a term or condition in an Award Agreement providing for
the automatic exercise of a Nonstatutory Stock Option on a cashless basis on the last day of the term of such Stock Option if the Participant has failed to exercise the Nonstatutory Stock Option as of such date, with respect to which the Fair Market
Value of the Shares underlying the Nonstatutory Stock Option exceeds the exercise price of such Nonstatutory Stock Option on the date of expiration of such Stock Option, subject to Section 13.5. 

ARTICLE VII 
 STOCK
APPRECIATION RIGHTS 
  

	7.1	 Terms and Conditions of Stock Appreciation Rights. Stock Appreciation Rights will be
subject to terms and conditions, not inconsistent with the Plan, determined by the Committee, and the following: 

  

	 	(a)	 Exercise Price. The exercise price per Share subject to a Stock Appreciation Right will be determined by
the Committee at the time of grant, provided that the per Share exercise price of a Stock Appreciation Right will not be less than 100% of the Fair Market Value of the Common Stock at the time of grant. 

 

	 	(b)	 Term. The term of each Stock Appreciation Right will be fixed by the Committee, but may not be greater
than 10 years after the date the right is granted. 

  
 14 

	 	(c)	 Exercisability. Unless otherwise determined by the Committee in accordance with this
Section 7.1, Stock Appreciation Rights will be exercisable at the time or times and subject to the terms and conditions determined by the Committee at the time of grant. If the Committee provides that any such right is
exercisable subject to certain terms and conditions, the Committee may waive those terms and conditions on the exercisability at any time at or after grant in whole or in part. 

 

	 	(d)	 Method of Exercise. Subject to whatever installment exercise and waiting period terms and conditions
apply under Section 7.1(c), Stock Appreciation Rights may be exercised in whole or in part at any time in accordance with the applicable Award Agreement, by giving written notice of exercise to the Company specifying the
number of Stock Appreciation Rights to be exercised. 

  

	 	(e)	 Payment. Upon the exercise of a Stock Appreciation Right, a Participant will be entitled to receive, for
each right exercised, up to, but no more than, an amount in cash or Common Stock (as chosen by the Committee) equal in value to the excess of the Fair Market Value of 1 Share on the date that the right is exercised over the Fair Market Value of 1
Share on the date that the right was awarded to the Participant. 

  

	 	(f)	 Separation from Service. Unless otherwise determined by the Committee at the time of grant or, if no
rights of the Participant are reduced, thereafter, subject to the applicable Award Agreement and the Plan, upon a Participant’s Separation from Service for any reason, Stock Appreciation Rights will remain exercisable after a Participant’s
Separation from Service on the same basis as Stock Options would be exercisable after a Participant’s Separation from Service in accordance with Sections 6.4(f) through 6.4(j). 

 

	 	(g)	 Non-Transferability. No Stock Appreciation Rights will be
Transferable by the Participant other than by will or by the laws of descent and distribution, and all such rights will be exercisable, during the Participant’s lifetime, only by the Participant. 

 

	7.2	 Automatic Exercise. The Committee may include a term or condition in an Award Agreement
providing for the automatic exercise of a Stock Appreciation Right on a cashless basis on the last day of the term of the Stock Appreciation Right if the Participant has failed to exercise the Stock Appreciation Right as of such date, with respect
to which the Fair Market Value of the Shares underlying the Stock Appreciation Right exceeds the exercise price of such Stock Appreciation Right on the date of expiration of such Stock Appreciation Right, subject to Section 13.5.

 ARTICLE VIII 

RESTRICTED SHARES 
  

	8.1	 Restricted Shares. Restricted Shares may be issued either alone or in addition to other
Awards. The Committee will determine the Eligible Individuals, to whom, and the time or times at which, grants of Restricted Shares will be made, the number of Restricted Shares to be awarded, the price (if any) to be paid by the Participant
(subject to Section 8.2), the time or times within which such Awards will be subject to forfeiture, the vesting schedule and rights to acceleration thereof, and all other terms and conditions of the Awards.

  
 15 

	8.2	 Awards and Certificates. Participants selected to receive Restricted Shares will not have
any right with respect to the Award, unless and until the Participant has delivered a fully executed copy of the agreement evidencing the Award to the Company, to the extent required by the Committee, and has otherwise complied with the applicable
terms and conditions of the Award. Further, such Award will be subject to the following: 

  

	 	(a)	 Purchase Price. The purchase price of Restricted Shares will be fixed by the Committee. Subject to
Section 4.3, the purchase price for Restricted Shares may be zero to the extent permitted by Applicable Law, and, to the extent required by Applicable Law, such purchase price may not be less than par value.

  

	 	(b)	 Legend. Each Participant receiving Restricted Shares will be issued a stock certificate in respect of
the Restricted Shares, unless the Committee elects to use another system, such as book entries by the transfer agent, as evidencing ownership of Restricted Shares. Such certificate will be registered in the name of the Participant, and will, in
addition to any legends required by Applicable Law, bear an appropriate legend referring to the terms and conditions applicable to the Award, substantially in the following form: 

“The anticipation, alienation, attachment, sale, transfer, assignment, pledge, encumbrance, or charge of the restricted shares of stock
represented hereby are subject to the terms and conditions (including forfeiture) of the Oak Street Health, Inc. (the “Company”) Omnibus Incentive Plan (the “Plan”) and an award agreement entered into between the registered owner
and the Company dated                      (the “Agreement”). Copies of such Plan and Agreement are on file at the principal office of the
Company.” 
  

	 	(c)	 Custody. If stock certificates are issued in respect of Restricted Shares, the Committee may require
that any stock certificates evidencing such Shares be held in custody by the Company until the restrictions thereon have lapsed, and that, as a condition of any grant of Restricted Shares, the Participant must deliver a duly signed stock power or
other instruments of assignment, each endorsed in blank with a guarantee of signature if deemed necessary or appropriate by the Company, which would permit transfer to the Company of all or a portion of the Restricted Shares in the event that such
Award is forfeited in whole or part. 

  

	8.3	 Terms and Conditions. Restricted Shares will be subject to terms and conditions, not
inconsistent with the Plan, determined by the Committee, and the following: 

  

	 	(a)	 Restriction Period. The Participant is not permitted to Transfer Restricted Shares during the period or
periods set by the Committee (the “Restriction Period”) commencing on the date of such Award, as set forth in the applicable Award Agreement, and such agreement will set forth a vesting schedule and any event
that would accelerate vesting of the Restricted Shares. Within these limits, based on 

  
 16 

	 	
service, attainment of Performance Goals, or such other factors or criteria as the Committee may determine, the Committee may condition the grant or provide for the lapse of such restrictions in
installments in whole or in part, or may accelerate the vesting of all or any part of any Restricted Shares and waive the deferral terms and conditions for all or any part of any Restricted Shares. 

 

	 	(b)	 Rights as a Stockholder. Except as provided in Section 8.3(a) and this
Section 8.3(b) or as otherwise determined by the Committee, the Participant will have, with respect to Restricted Shares, all of the rights of a Stockholder, including the right to receive dividends, the right to vote such
Restricted Shares, and, subject to and conditioned upon the full vesting of Restricted Shares, the right to tender those Shares. The Committee may determine at the time of grant that the payment of dividends will be deferred until, and conditioned
upon, the expiration of the applicable Restriction Period. 

  

	 	(c)	 Separation from Service. Unless otherwise determined by the Committee at the time of grant or, if no
rights of the Participant are reduced, thereafter, subject to the applicable Award Agreement and the Plan, upon a Participant’s Separation from Service for any reason during the relevant Restriction Period, all Restricted Shares will be
forfeited. 

  

	 	(d)	 Lapse of Restrictions. If and when the Restriction Period expires without a prior forfeiture of the
Restricted Shares, the certificates for such Shares will be delivered to the Participant. All legends will be removed from said certificates at the time of delivery to the Participant, except as otherwise required by Applicable Law or other terms
and conditions imposed by the Committee. 

 ARTICLE IX 

PERFORMANCE AWARDS 
  

	9.1	 Performance Awards. The Committee may grant a Performance Award to a Participant payable
upon the attainment of specific Performance Goals. If the Performance Award is payable in Restricted Shares, such Shares will be transferable to the Participant only upon attainment of the relevant Performance Goal in accordance with Article
VIII. If the Performance Award is payable in cash, it may be paid upon the attainment of the relevant Performance Goals either in cash or in Restricted Shares (based on the then current Fair Market Value of such Shares). Each Performance Award
will be evidenced by an Award Agreement in such form that is not inconsistent with the Plan and that the Committee may approve. The Committee will condition the right to payment of any Performance Award upon the attainment of objective Performance
Goals established under Section 9.2(c). 

  

	9.2	 Terms and Conditions. Performance Awards will be subject to terms and conditions, not
inconsistent with the Plan, determined by the Committee, and the following: 

  

	 	(a)	 Earning of Performance Award. At the expiration of the applicable Performance Period, the Committee will
determine the extent to which the Performance Goals established under Section 9.2(c) are achieved and the percentage of each Performance Award that has been earned. 

  
 17 

	 	(b)	 Non-Transferability. Subject to the applicable Award Agreement
and the Plan, Performance Awards may not be Transferred. 

  

	 	(c)	 Objective Performance Goals, Formulae or Standards. The Committee will establish the objective
Performance Goals for the earning of Performance Awards based on a Performance Period applicable to each Participant or class of Participants in writing before the beginning of the applicable Performance Period or at such later date while the
outcome of the Performance Goals is substantially uncertain. Such Performance Goals may incorporate terms and conditions for disregarding (or adjusting for) changes in accounting methods, corporate transactions, and other similar type events or
circumstances. 

  

	 	(d)	 Dividends. Unless otherwise determined by the Committee at the time of grant, amounts equal to dividends
declared during the Performance Period with respect to the number of Shares covered by a Performance Award will not be paid to the Participant. 

  

	 	(e)	 Payment. After the Committee’s determination in accordance with
Section 9.2(a), the Company will settle Performance Awards, in such form as determined by the Committee, in an amount equal to such Participant’s earned Performance Awards. Notwithstanding the foregoing sentence, the
Committee may award an amount less than the earned Performance Awards and subject the payment of all or part of any Performance Award to additional vesting, forfeiture, and deferral terms and conditions. 

 

	 	(f)	 Separation from Service. Subject to the applicable Award Agreement and the Plan, upon a
Participant’s Separation from Service for any reason during the Performance Period for a Performance Award, the Performance Award will vest or be forfeited in accordance with the terms and conditions established by the Committee at grant.

  

	 	(g)	 Accelerated Vesting. Based on service, performance, and any other factors or criteria the Committee may
determine, the Committee may, at or after grant, accelerate the vesting of all or any part of any Performance Award. 

ARTICLE X 
 OTHER
STOCK-BASED AND CASH-BASED AWARDS 
  

	10.1	 Other Share-Based Awards. The Committee is authorized to grant to Eligible Individuals
Other Share-Based Awards that are payable in, valued in whole or in part by reference to, or otherwise based on or related to Shares, including Shares awarded purely as a bonus and not subject to terms or conditions, Shares in payment of the amounts
due under an incentive or performance plan sponsored or maintained by the Company or an Affiliate, stock equivalent units, restricted stock units (RSUs), and Awards valued by reference to book value of Shares. Other Share-Based Awards may be granted
either alone or in addition to or in tandem with other Awards. Subject to the terms and conditions of the Plan, the 

  
 18 

	 	
Committee has the authority to determine the Eligible Individuals to whom, and the time or times at which, Other Share-Based Awards will be granted, the number of Shares to be granted under such
Awards, and all other terms and conditions of the Awards. 

  

	10.2	 Terms and Conditions. Other Share-Based Awards will be subject to terms and conditions,
not inconsistent with the Plan, determined by the Committee, and the following: 

  

	 	(a)	 Non-Transferability. Subject to the applicable Award Agreement
and the Plan, Shares subject to Other Share-Based Awards may not be Transferred before the date on which the Shares are issued, or, if later, the date on which any applicable restriction, performance, or deferral period lapses.

  

	 	(b)	 Dividends. Unless otherwise determined by the Committee at the time of grant, subject to the applicable
Award Agreement and the Plan, the recipient of an Other Share-Based Award will not be entitled to receive, currently or on a deferred basis, dividends or dividend equivalents in respect of the number of Shares covered by the Award.

  

	 	(c)	 Vesting. All Other Share-Based Awards and any Shares covered by those awards will vest or be forfeited
to the extent so provided in the Award Agreement. 

  

	 	(d)	 Price. Common Stock issued on a bonus basis under this Article X may be issued for no cash
consideration. Common Stock purchased under a purchase right awarded under this Article X will be priced as determined by the Committee. 

  

	10.3	 Other Cash-Based Awards. The Committee may grant Other Cash-Based Awards to Eligible
Individuals in amounts, on terms and conditions, and for consideration, including no consideration or such minimum consideration as may be required by Applicable Law. Other Cash-Based Awards may be granted subject to the satisfaction of vesting
terms and conditions or may be awarded purely as a bonus and not subject to terms and conditions, and if subject to vesting, the Committee may accelerate such vesting at any time. 

ARTICLE XI 
 CHANGE IN
CONTROL 
  

	11.1	 Benefits. In the event of a Change in Control (as defined below), and except as otherwise
determined by the Committee in an Award Agreement, a Participant’s unvested Awards will not vest automatically and will be treated in accordance with 1 or more of the following methods as determined by the Committee: 

 

	 	(a)	 Awards, whether or not then vested, will be continued, assumed, or have new rights substituted therefor, and
restrictions to which Restricted Shares or any other Award granted before the Change in Control are subject will not lapse upon the Change in Control and the Restricted Shares or other Awards will receive the same distribution as other Common Stock
on terms and conditions determined by the Committee, provided that the Committee may decide to award additional Restricted Shares or other Awards in lieu of any cash distribution. 

  
 19 

	 	(b)	 The Committee may provide for the purchase of any Awards by the Company or an Affiliate for an amount of cash
equal to the excess (if any) of the Change in Control Price (as defined below) of the Shares covered by such Awards, over the aggregate purchase or exercise price of such Awards. For purposes of the Plan, “Change in Control
Price” means the highest price per Share paid in any transaction related to a Change in Control. 

  

	 	(c)	 The Committee may terminate all outstanding and unexercised Stock Options, Stock Appreciation Rights, and other
Other Share-Based Awards that provide for a Participant-elected exercise, effective as of the Change in Control, by delivering notice of termination to each Participant at least 20 days before the date of consummation of the Change in Control, in
which case during the period from the date on which such notice of termination is delivered to the consummation of the Change in Control, each affected Participant will have the right to exercise in full all of the Participant’s Awards that are
then outstanding (without regard to any terms and conditions on exercisability otherwise contained in the Award Agreements), but any such exercise will be contingent on the occurrence of the Change in Control, and provided that if the Change
in Control does not take place within a specified period after giving such notice for any reason whatsoever, the notice and exercise pursuant thereto will be null and void. 

 

	 	(d)	 The Committee may make any other determination as to the treatment of Awards in connection with a Change in
Control. The treatment of Awards need not be the same for all Participants. Any escrow, holdback, earnout, or similar terms and conditions in the definitive agreements relating to the Change in Control may apply to any payment to the holders of
Awards to the same extent and in the same manner as such terms and conditions apply to the holders of Shares. 

  

	11.2	 Change in Control. Unless otherwise determined by the Committee in the applicable Award
Agreement or other written agreement with a Participant approved by the Committee, a “Change in Control” means: 

  

	 	(a)	 any “person,” as that term is used in Sections 13(d) and 14(d) of the Exchange Act (other than the
Company, any trustee or other fiduciary holding securities under any employee benefit plan of the Company, or any company owned, directly or indirectly, by the Stockholders in substantially the same proportions as their ownership of Common Stock),
becomes the beneficial owner (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing 50% or more of the combined voting power of the Company’s
then outstanding securities; 

  

	 	(b)	 during any period of 24 consecutive calendar months, individuals who were directors serving on the Board on the
first day of such period (the “Incumbent Directors”) cease for any reason to constitute a majority of the Board; provided, however, that any individual becoming a director after the first day of
such period whose election, or nomination for election, by the Stockholders was approved by a vote of at least 2/3 of the Incumbent Directors will be considered as though such 

  
 20 

	 	
individual were an Incumbent Director, but excluding, for purposes of this proviso, any such individual whose initial assumption of office occurs as a result of an actual or threatened proxy
contest with respect to election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a “person” (as used in Section 13(d) of the Exchange Act), in each case other than the
Board; 

  

	 	(c)	 consummation of a reorganization, merger, consolidation, or other business combination (any of the foregoing, a
“Business Combination”) of the Company or any direct or indirect subsidiary of the Company with any other corporation, in any case with respect to which the Company voting securities outstanding immediately
before such Business Combination do not, immediately after such Business Combination, continue to represent (either by remaining outstanding or being converted into voting securities of the Company or any ultimate parent thereof) more than 50% of
the then outstanding voting securities entitled to vote generally in the election of directors of the Company (or its successor) or any ultimate parent thereof after the Business Combination; or 

 

	 	(d)	 a complete liquidation or dissolution of the Company or the consummation of a sale or disposition by the
Company of all or substantially all of the Company’s assets other than the sale or disposition of all or substantially all of the assets of the Company to a Person or Persons who beneficially own, directly or indirectly, 50% or more of the
combined voting power of the outstanding voting securities of the Company at the time of the sale. 

 Notwithstanding the
foregoing terms and conditions of this definition, with respect to any Award that is characterized as “nonqualified deferred compensation” within the meaning of Section 409A, an event will not be considered to be a Change in Control
under the Plan for purposes of payment of such Award unless such event is also a “change in control event” within the meaning of Section 409A. 
  

	11.3	 Initial Public Offering not a Change in Control. Notwithstanding the foregoing terms and
conditions of the definition of Change in Control, the occurrence of the Registration Date or any change in the composition of the Board within 1 year after the Registration Date will not be considered a Change in Control. 

ARTICLE XII 
 AMENDMENT
AND TERMINATION 
  

	12.1	 Amendment and Termination of Plan. Subject to Section 12.3, the
Board may amend or terminate the Plan at any time; provided, however, that no amendment will be effective unless approved by the Stockholders to the extent Stockholder approval is necessary to satisfy any Applicable Laws.

  

	12.2	 Amendment of Awards. Subject to Section 12.3, the Committee may
amend any Award at any time; provided, however, that no amendment will be effective unless approved by the Stockholders to the extent Stockholder approval is necessary to satisfy any Applicable Laws. 

  
 21 

	12.3	 No Impairment of Rights. Rights under any Award granted before amendment or termination of
the Plan or amendment of an Award may not be substantially impaired by any such amendment or termination unless the Participant consents in writing. 

ARTICLE XIII 
 GENERAL
TERMS AND CONDITIONS 
  

	13.1	 Legend. The Committee may require each person receiving Shares under the Plan to represent
to and agree with the Company in writing that the Participant is acquiring the Shares without a view to distribution thereof. In addition to any legend required by the Plan, the certificates for Shares issued under the Plan may include any legend
that the Committee deems appropriate to reflect any restrictions on Transfer. All certificates for Shares delivered under the Plan will be subject to such stop transfer orders and other restrictions as the Committee may deem advisable under
Applicable Law, and the Committee may cause a legend or legends to be put on any such certificates to make appropriate reference to such restrictions. 

  

	13.2	 Book Entry. Notwithstanding any other term or condition of the Plan, the Company may elect
to satisfy any requirement under the Plan for the delivery of Share certificates through the use of another system, such as book entry. 

  

	13.3	 Other Plans. Nothing contained in the Plan prevents the Board from adopting other or
additional compensation arrangements, subject to Stockholder approval if such approval is required, and such arrangements may be either generally applicable or applicable only in specific cases. 

 

	13.4	 No Right to Employment/Consultancy/Directorship. Neither the Plan nor the grant of any
Award gives any Person any right with respect to continuance of employment, consultancy, or directorship by the Company or any Affiliate, nor does the Plan or the grant of any Award cause any limitation in any way on the right of the Company or any
Affiliate by which an employee is employed or a Consultant or Non-Employee Director is retained to terminate such employment, consultancy, or directorship at any time. 

 

	13.5	 Withholding for Taxes. The Company or an Affiliate, as the case may be, has the right to
deduct from payments of any kind otherwise due to a Participant any federal, state, or local taxes of any kind required by Applicable Law to be withheld (a) with respect to the vesting of or other lapse of restrictions applicable to an Award,
(b) upon the issuance of any Shares upon the exercise of an Option or Stock Appreciation Right, or (c) otherwise due in connection with an Award. At the time the tax obligation becomes due, the Participant must pay to the Company or the
Affiliate, as the case may be, any amount that the Company or Affiliate determines to be necessary to satisfy the tax obligation. The Company or the Affiliate, as the case may be, may require or permit the Participant to satisfy the tax obligation,
in whole or in part, (i) by causing the Company or Affiliate to withhold up to the maximum required number of Shares otherwise issuable to the Participant as may be necessary to satisfy such tax obligation or (ii) by delivering to the
Company or Affiliate Shares already owned by the Participant. The Shares so delivered or withheld must have an aggregate Fair Market Value equal to the tax obligation. The Fair Market Value of the

  
 22 

	 	
Shares used to satisfy the tax obligation will be determined by the Company or the Affiliate as of the date that the amount of tax to be withheld is to be determined. To the extent applicable, a
Participant may satisfy his or her tax obligation only with Shares that are not subject to any repurchase, forfeiture, unfulfilled vesting, or other similar requirements. Any fraction of a Share required to satisfy tax obligations will be
disregarded and the amount due must be paid instead in cash by the Participant. 

  

	13.6	 No Assignment of Benefits. No Award or other benefit payable under the Plan may, except as
otherwise specifically provided by Applicable Law or permitted by the Committee, be Transferable in any manner, and any attempt to Transfer any such benefit will be void, and any such benefit will not in any manner be liable for or subject to the
debts, contracts, liabilities, engagements, or torts of any Person who will be entitled to such benefit, nor will it be subject to attachment or legal process for or against such Person. 

 

	13.7	 Listing and Other Terms and Conditions. 

 

	 	(a)	 Unless otherwise determined by the Committee, as long as the Common Stock is listed on a national stock
exchange or system sponsored by a national securities association, the issuance of Shares under an Award will be conditioned upon such Shares being listed on such exchange or system. The Company will have no obligation to issue such Shares unless
and until such Shares are so listed, and the right to exercise any Stock Option or other Award with respect to such Shares will be suspended until such listing has been effected. 

 

	 	(b)	 If at any time counsel to the Company is of the opinion that any sale or delivery of Shares under an Award is
or may be unlawful or result in the imposition of excise taxes on the Company, the Company will have no obligation to make such sale or delivery, or to make any application or to effect or to maintain any qualification or registration under the
Securities Act or otherwise, with respect to Shares or Awards, and the right to exercise any Stock Option or other Award will be suspended until, in the opinion of said counsel, such sale or delivery would be lawful or would not result in the
imposition of excise taxes on the Company. 

  

	 	(c)	 Upon termination of any period of suspension under this Section 13.7, any Award
affected by such suspension that has not expired or terminated will be reinstated as to all Shares available before such suspension and as to Shares that would otherwise have become available during the period of such suspension, but no such
suspension will extend the term of any Award. 

  

	 	(d)	 A Participant will be required to supply the Company with certificates, representations, and information that
the Company requests and otherwise cooperate with the Company in obtaining any listing, registration, qualification, exemption, consent, and approval the Company determines necessary or appropriate. 

 

	13.8	 Stockholders Agreement and Other Requirements. Notwithstanding any other term or condition
of the Plan, as a condition to the receipt of Shares under an Award, to the extent 

  
 23 

	 	
required by the Committee, the Participant must execute and deliver a Stockholder’s agreement and such other documentation that sets forth certain restrictions on transferability of the
Shares acquired upon exercise or purchase, and such other terms and conditions as the Committee may establish. The Company may require, as a condition of exercise, the Participant to become a party to any other existing Stockholder agreement (or
other agreement). 

  

	13.9	 Governing Law. The Plan and actions taken in connection with the Plan will be governed and
construed in accordance with the laws of the State of Delaware (regardless of the law that might otherwise govern under applicable Delaware principles of conflict of laws). 

 

	13.10	 Jurisdiction; Waiver of Jury Trial. Any suit, action, or proceeding with respect to the
Plan or any Award or Award Agreement, or any judgment entered by any court of competent jurisdiction in respect of the Plan or any Award or Award Agreement, will be resolved only in the courts of the State of Delaware or the United States District
Court for the District of Delaware and the appellate courts having jurisdiction of appeals in such courts. In that context, and without limiting the generality of the foregoing, each of the Company and each Participant irrevocably and
unconditionally (a) submits in any proceeding relating to the Plan or any Award or Award Agreement, or for the recognition and enforcement of any judgment in respect of the Plan or any Award or Award Agreement (a
“Proceeding”), to the exclusive jurisdiction of the courts of the State of Delaware or the United States District Court for the District of Delaware and the appellate courts having jurisdiction of appeals in
such courts, and agrees that all claims in respect of any Proceeding will be heard and determined in such state court or, to the extent permitted by Applicable Law, in such federal court, (b) consents that any Proceeding may and will be brought
in such courts and waives any objection that the Company or the Participant may have at any time after the Effective Date to the venue or jurisdiction of any Proceeding in any such court or that the Proceeding was brought in an inconvenient court
and agrees not to plead or claim the same, (c) waives all right to trial by jury in any Proceeding (whether based on contract, tort, or otherwise) arising out of or relating to the Plan or any Award or Award Agreement, (d) agrees that
service of process in any Proceeding may be effected by mailing a copy of such process by registered or certified mail (or any substantially similar form of mail), postage prepaid, to such party, in the case of a Participant, at the
Participant’s address shown in the books and records of the Company or, in the case of the Company, at the Company’s principal offices, attention Chair of the Board, and (e) agrees that nothing in the Plan will affect the right to
effect service of process in any other manner permitted by the laws of the State of Delaware. 

  

	13.11	 Other Benefits. No Award will be considered compensation for purposes of computing
benefits under any retirement plan of the Company or any Affiliate or affect any benefit under any other benefit plan now or subsequently in effect under which the availability or amount of benefits is related to the level of compensation.

  

	13.12	 Costs. The Company will bear all expenses associated with administering the Plan,
including expenses of issuing Common Stock under Awards. 

  
 24 

	13.13	 No Right to Same Benefits. The terms and conditions of Awards need not be the same with
respect to each Participant, and Awards to individual Participants need not be the same in subsequent years (if granted at all). 

  

	13.14	 Death/Disability. The Committee may require the transferee of a Participant to supply it
with written notice of the Participant’s death or Disability and to supply it with a copy of the will (in the case of the Participant’s death) or such other evidence as the Committee deems necessary to establish the validity of the
transfer of an Award. The Committee may also require that the agreement of the transferee to be bound by the Plan. 

  

	13.15	 Section 16(b) of the Exchange Act. All elections and
transactions under the Plan by Persons subject to Section 16 of the Exchange Act involving Shares are intended to comply with any applicable exemptive condition under Rule 16b-3. The Committee may establish and adopt written administrative
guidelines, designed to facilitate compliance with Section 16(b) of the Exchange Act, as it may deem necessary or proper for the administration and operation of the Plan and the transaction of business thereunder. 

 

	13.16	 Section 409A. The Plan is intended to comply
Section 409A and will be limited, construed, and interpreted in accordance with such intent. To the extent that any Award is subject to Section 409A, it will be paid in a manner that complies with Section 409A. Notwithstanding any
other provision of the Plan, any Plan provision that is inconsistent with Section 409A will be deemed to be amended to comply with Section 409A and to the extent such provision cannot be amended to comply, such provision will be null and
void. The Company will have no liability to a Participant, or any other party, if an Award that is intended to be exempt from or compliant with Section 409A is not so exempt or compliant, or for any action taken by the Committee or the Company
and, in the event that any amount or benefit under the Plan becomes subject to penalties under Section 409A, responsibility for payment of such penalties will rest solely with the affected Participants and not with the Company. Notwithstanding
any other provision in the Plan or any Award Agreement, any payment(s) of “nonqualified deferred compensation” (within the meaning of Section 409A) that are otherwise required to be made under the Plan to a “specified
employee” (as defined under Section 409A) as a result of such employee’s separation from service (other than a payment that is not subject to Section 409A) will be delayed for the first 6 months after such separation from service
(or, if earlier, the date of death of the specified employee) and will instead be paid (in a manner set forth in the Award Agreement) upon expiration of such delay period. All installment payments under the Plan will be deemed separate payments for
purposes of Section 409A. 

  

	13.17	 California Participants. The Plan is intended to comply with Section 25102(o) of the
California Corporations Code, to the extent applicable. In that regard, to the extent required by Section 25102(o), (a) the terms and conditions of any Options and Stock Appreciation Rights, to the extent vested and exercisable upon a
Participant’s Separation from Service, will include any minimum exercise periods after Separation from Service required by Section 25102(o) and (b) any repurchase right of the Company or any Affiliate will include a minimum 90-day notice requirement. Any Plan term that is inconsistent with Section 25102(o) will, without further act or amendment by the Company or the Board, be reformed to comply with the requirements of
Section 25102(o). 

  
 25 

	13.18	 Successor and Assigns. The Plan will be binding on all successors and permitted assigns of
a Participant, including the estate of such Participant and the executor, administrator, or trustee of such estate. 

  

	13.19	 Severability of Terms and Conditions. If any term or condition of the Plan is held invalid
or unenforceable, such invalidity or unenforceability will not affect any other term or condition of the Plan, and the Plan will be construed and enforced as if such term or condition had not been included. 

 

	13.20	 Payments to Minors, Etc. Any benefit payable to or for the benefit of a minor, an
incompetent Person, or other Person incapable of receipt thereof will be considered paid when paid to such Person’s guardian or to the party providing or reasonably appearing to provide for the care of such Person, and such payment will fully
discharge the Committee, the Board, the Company, all Affiliates, and their employees, agents, and representatives with respect thereto. 

  

	13.21	 Lock-Up Agreement. As a condition to the grant of
an Award, if requested by the Company and the lead underwriter of any public offering of Common Stock (the “Lead Underwriter”), a Participant must irrevocably agree not to sell, contract to sell, grant
any option to purchase, transfer the economic risk of ownership in, make any short sale of, pledge or otherwise transfer or dispose of, any interest in any Common Stock or any securities convertible into, derivative of, or exchangeable or
exercisable for, or any other rights to purchase or acquire Common Stock (except Common Stock included in such public offering or acquired on the public market after such offering) during such period of time after the effective date of a
registration statement of the Company filed under the Securities Act that the Lead Underwriter may specify (the “Lock-Up Period”). Each Participant must sign
such documents as may be requested by the Lead Underwriter to effect the foregoing. The Company may impose stop-transfer instructions with respect to Common Stock acquired under an Award until the end of such
Lock-Up Period. 

  

	13.22	 Separation from Service for Cause; Clawbacks; Detrimental Conduct. 

 

	 	(a)	 Separation from Service for Cause. The Company may annul an Award if the Participant incurs a Separation
from Service for Cause. 

  

	 	(b)	 Clawbacks. All awards, amounts, or benefits received or outstanding under the Plan will be subject to
clawback, cancellation, recoupment, rescission, payback, reduction, or other similar action in accordance with any Company clawback or similar policy or any Applicable Law related to such actions. A Participant’s acceptance of an Award will
constitute the Participant’s acknowledgement of and consent to the Company’s application, implementation, and enforcement of any applicable Company clawback or similar policy that may apply to the Participant, whether adopted before or
after the Effective Date, and any Applicable Law relating to clawback, cancellation, recoupment, rescission, payback, or reduction of compensation, and the Participant’s agreement that the Company may take any actions that may be necessary to
effectuate any such policy or Applicable Law, without further consideration or action. 

  
 26 

	 	(c)	 Detrimental Conduct. Except as otherwise determined by the Committee, notwithstanding any other term or
condition of the Plan, if a Participant engages in Detrimental Conduct, whether during the Participant’s service or after the Participant’s Separation from Service, in addition to any other penalties or restrictions that may apply under
the Plan, Applicable Law, or otherwise, the Participant must forfeit or pay to the Company the following: 

  

	 	(i)	 any and all outstanding Awards granted to the Participant, including Awards that have become vested or
exercisable; 

  

	 	(ii)	 any cash or Shares received by the Participant in connection with the Plan within the 36-month period immediately before the date the Company determines the Participant has engaged in Detrimental Conduct; and 

  

	 	(iii)	 the profit realized by the Participant from the sale, or other disposition for consideration, of any Shares
received by the Participant under the Plan within the 36-month period immediately before the date the Company determines the Participant has engaged in Detrimental Conduct. 

 

	13.23	 Data Protection. A Participant’s acceptance of an Award will be deemed to constitute
the Participant’s acknowledgement of and consent to the collection and processing of personal data relating to the Participant so that the Company and the Affiliates can fulfill their obligations and exercise their rights under the Plan and
generally administer and manage the Plan. This data will include data about participation in the Plan and Shares offered or received, purchased, or sold under the Plan and other appropriate financial and other data (such as the date on which the
Awards were granted) about the Participant and the Participant’s participation in the Plan. 

  

	13.24	 Unfunded Plan. The Plan is intended to constitute an “unfunded” plan for
incentive and deferred compensation. With respect to any payment as to which a Participant has a fixed and vested interest but that is not yet made to a Participant by the Company, nothing in the Plan gives any Participant any right that is greater
than the rights of a general unsecured creditor of the Company. The grant of an Award will not require a segregation of any of the Company’s assets for satisfaction of the Company’s payment obligation under any Award.

  

	13.25	 Plan Construction. In the Plan, unless otherwise stated, the following uses apply:

  

	 	(a)	 references to Applicable Law refer to the Applicable Law and any amendments and supplements thereto and any
successor Applicable Law, and to all valid and binding rules and regulations promulgated thereunder, court decisions, and other regulatory and judicial authority issued or rendered thereunder, as amended or supplemented, or their successors, as in
effect at the relevant time; 

  

	 	(b)	 in computing periods from a specified date to a later specified date, the words “from” and
“commencing on” (and the like) mean “from and including,” and the words “to,” “until,” and “ending on” (and the like) mean “to and including”; 

  
 27 

	 	(c)	 indications of time of day will be based upon the time applicable to the location of the principal headquarters
of the Company; 

  

	 	(d)	 the words “include,” “includes,” and “including” (and the like) mean
“include, without limitation,” “includes, without limitation,” and “including, without limitation” (and the like), respectively; 

 

	 	(e)	 all references to articles, sections, and exhibits are to articles, sections, and exhibits in or to the Plan;

  

	 	(f)	 all words used will be construed to be of such gender or number as the circumstances and context require;

  

	 	(g)	 the captions and headings of articles, sections, and exhibits have been inserted solely for convenience of
reference and will not be considered a part of the Plan, nor will any of them affect the meaning or interpretation of the Plan; 

  

	 	(h)	 any reference to an agreement, plan, policy, form, document, or set of documents, and the rights and
obligations of the parties under any such agreement, plan, policy, form, document, or set of documents, will mean the agreement, plan, policy, form, document, or set of documents as amended from time to time, and any and all modifications,
extensions, renewals, substitutions, or replacements thereof; and 

  

	 	(i)	 all accounting terms not specifically defined will be construed in accordance with GAAP. 

  
 28EX-10.6

 Exhibit 10.6 

OAK STREET HEALTH, INC. 

2020 EMPLOYEE STOCK PURCHASE PLAN 

Article I 
 Purpose

 1.1    Purpose. The purpose of this Oak Street Health, Inc. 2020 Employee Stock Purchase Plan (as it may be
amended, restated or otherwise modified from time to time, the “Plan”) is to assist Eligible Employees of Oak Street Health, Inc., a Delaware corporation (the “Company”), and its Designated Subsidiaries in acquiring
stock ownership interests in the Company pursuant to a plan which is intended to qualify as an “employee stock purchase plan” within the meaning of Section 423(b) of the Code. 

Article II 
 Definitions

 Unless the context clearly indicates otherwise, the following terms have the meanings set forth below: 

2.1    “Administrator” means the entity that conducts the general administration of the Plan as provided in
Article VII. The term “Administrator” shall refer to the Committee (as defined in Section 7.1) unless the Board has assumed the authority for administration of the Plan as provided in
Article VII. 
 2.2    “Board” means the Board of Directors of the Company. 

2.3    “Change in Control” has the meaning set forth in the Company’s Omnibus Incentive Plan, as such Plan
may be amended, restated or otherwise modified from time to time. 
 2.4    “Code” means the Internal Revenue
Code of 1986, as amended. 
 2.5    “Compensation” means the (i) base salary or base hourly wage and
(ii) any bonus paid by the Company or a Designated Subsidiary to an Eligible Employee as reported by the Company to the United States government (or other applicable government) for federal income tax purposes, including an Eligible
Employee’s portion of salary deferral contributions pursuant to Section 401(k) of the Code and any amount excludable pursuant to Section 125 of the Code, but excluding any commissions, fee, overtime pay, severance pay, expenses, stock
option or other equity incentive income, fringe benefits or other special payment or any credit or benefit under any compensation plan or arrangement maintained by the Company. 

2.6    “Common Stock” means the shares of common stock, $0.001 par value per share, of the Company. 

2.7    “Designated Subsidiary” means any Subsidiary of the Company that has been designated by the Administrator
to participate in the Plan in accordance with Section 11.3. 
 2.8    “Effective Date”
means the day on which the Board adopted the Plan. 
 2.9    “Eligible Employee” means an Employee (i) who
does not, immediately after any rights under the Plan are granted, own (directly or through attribution) stock possessing 5% or more of the total combined voting power or value of all classes of Common Stock and other stock of the Company, a parent
or a Subsidiary (as determined under Section 423(b)(3) of the Code) (the rules of Section 424(d) of the Code with regard to the attribution of stock ownership shall apply in determining the stock ownership of an individual, and stock that
an Employee may purchase under outstanding options shall be treated as stock owned by the Employee) or (ii) whose customary employment is not for less than five (5) months in any calendar year; provided, that any exclusion pursuant to the
preceding clause (ii) shall be applied in an identical manner under each Offering Period to all Employees, in accordance with Treasury Regulation Section 1.423-2(e). 

 2.10    “Employee” means any officer or other employee (as
defined in accordance with Section 3401(c) of the Code) of the Company or any Designated Subsidiary. For the avoidance of doubt, “Employee” shall not include non-employee directors and
independent contractors, each of which are ineligible to participate in the Plan. Notwithstanding any provision of the Plan to the contrary, any individual who is not classified by the Company or Designated Subsidiary on its payroll records as an
employee (including, but not limited to, an individual classified by the Company or Designated Subsidiary as an independent contractor or a non-employee consultant, an individual who is performing services for
the Company or Designated Subsidiary through a leasing or employment agency, or an employee of an entity other than the Company or Designated Subsidiary) shall not be eligible to participate in the Plan, even if such classification is determined to
be erroneous, or is retroactively revised by a governmental agency, by court order or as a result of litigation, or otherwise. For purposes of the Plan, the employment relationship shall be treated as continuing intact while the individual is on
sick leave or other leave of absence approved by the Company or Designated Subsidiary and meeting the requirements of Treasury Regulation Section 1.421-1(h)(2). Where the period of leave exceeds three
(3) months and the individual’s right to reemployment is not guaranteed either by statute or by contract, the employment relationship shall be deemed to have terminated on the first day immediately following such three (3)-month period or
such other period specified in Treasury Regulation Section 1.421-1(h)(2). 

2.11    “Enrollment Date” means the first day of each Offering Period (or, with respect to the Initial Offering
Period, such date approved by the Administrator). 
 2.12    “Enrollment Form” means an agreement pursuant to
which an Eligible Employee may elect to enroll in the Plan, authorize a new level of payroll deductions, or withdraw from an Offering Period. 

2.13    “Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time. 

2.14    “Fair Market Value” means, as of any date and except as provided below, the last sales price reported for
the Common Stock on the applicable date as reported on the principal stock exchange in the United States on which the Common Stock is then listed, or if the Common Stock is not listed on any stock exchange, or otherwise reported or quoted, the
Administrator will determine the Fair Market Value. 
 2.15    “Grant Date” means the first Trading Day of each
Offering Period. 
 2.16    “Offering Period” means such duration (not to exceed twenty-seven (27) months)
as shall be determined by the Administrator prior to the beginning of such Offering Period. Unless the Administrator determines otherwise before the beginning of the Offering Period, Offering Periods shall commence at six (6)-month intervals on each
January 1 and July 1 during the term of the Plan, and each Offering Period shall last for six (6) months, ending on June 30 or December 31, as applicable. Accordingly, unless the Administrator determines otherwise, two
(2) separate Offering Periods shall commence in each calendar year during which the Plan remains in existence. Notwithstanding the foregoing, the Administrator shall determine the beginning date and duration of the initial Offering Period, in
its sole discretion. 
 2.17    “Participant” means any Eligible Employee who elects to participate in the Plan.

 2.18    “Purchase Date” means the last Trading Day of each Offering Period. 

  
 2 

 2.19    “Purchase Price” means, the purchase price of a Share
hereunder, which for each Offering Period, eighty-five percent (85%) of the Fair Market Value of a Share on the Grant Date or the Purchase Date, whichever is lower. unless the Administrator determines otherwise prior to the beginning of an Offering
Period; provided, however, that the Purchase Price may be adjusted by the Administrator pursuant to Article VIII and in no event shall the Purchase Price be less than the par value of a Share. 

2.20    “Share” means a share of Common Stock. 

2.21    “Subsidiary” means any corporation, other than the Company, in an unbroken chain of corporations beginning
with the Company if, at the time of the determination, each of the corporations other than the last corporation in an unbroken chain owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the other
corporations in such chain; provided, however, that a limited liability company or partnership may be treated as a Subsidiary to the extent either (a) such entity is treated as a disregarded entity under Treasury Regulation Section 301.7701-3(a) by reason of the Company or any other Subsidiary that is a corporation being the sole owner of such entity, or (b) such entity elects to be classified as a corporation under Treasury
Regulation Section 301.7701-3(a) and such entity would otherwise qualify as a Subsidiary. 

2.22    “Trading Day” means a day on which national stock exchanges in the United States are open for trading.

 Article III 
 Shares
Subject to the Plan 
 3.1    Number of Shares. Subject to Article VIII, as of the Effective Date, the
aggregate number of Shares that may be issued pursuant to rights granted under the Plan shall be 2,386,875 Shares. In addition to the foregoing, subject to Article VIII, on the first day of each calendar year beginning on January 1, 2021
and ending on and including January 1, 2030, the number of Shares available for issuance under the Plan shall be increased by that number of Shares equal to the lesser of (a) 1% of the Shares outstanding on the final day of the immediately
preceding calendar year, and (b) such smaller number of Shares as determined by the Board. If any right granted under the Plan shall for any reason terminate without having been exercised, the Common Stock not purchased under such right shall
again become available for issuance under the Plan. Notwithstanding anything in this Section 3.1 to the contrary, the number of Shares that may be issued or transferred pursuant to the rights granted under the Plan shall
not exceed an aggregate of 30,000,000 Shares, subject to Article VIII. 
 3.2    Stock Distributed. Any Common
Stock distributed pursuant to the Plan may consist, in whole or in part, of authorized and unissued Common Stock, treasury stock or Common Stock purchased on the open market. 

Article IV 

Participation 

4.1    Eligibility. Each Eligible Employee who is employed by the Company or a Designated Subsidiary on a
given Enrollment Date for an Offering Period may become a Participant by properly completing an Enrollment Form, which may be electronic, and submitting it to the Company prior to the Enrollment Date, in accordance with the enrollment procedures
established by the Administrator, as may be revised from time to time. The Administrator may, prior to the commencement of an Offering Period, exclude from participation Eligible Employees who, at the time of the commencement of the Offering Period,
are (i) highly compensated employees (within the meaning of Section 414(q) of the Code) or a sub-set of such highly compensated employees, (ii) officers of the Company subject to the reporting
requirements of Section 16(a) of the Exchange Act, (iii) part-time employees whose customary employment is for twenty 

  
 3 

 
(20) hours or less per week or (iv) citizens or residents of a foreign jurisdiction and the grant of a right to purchase Common Stock under the Plan to such Eligible Employees would be
prohibited under the laws of such foreign jurisdiction or the grant of a right to purchase Common Stock under the Plan to such Eligible Employees in compliance with the laws of such foreign jurisdiction would cause the Plan to violate the
requirements of Section 423 of the Code, as determined by the Administrator in its sole discretion; provided that any exclusion in the preceding clauses (i), (ii), (iii) or (iv) is applied in an identical manner under each Offering Period
to all Employees, in accordance with Treasury Regulation Section 1.423-2(e). 

4.2    Payroll Deductions. Payment for Shares purchased hereunder shall be made by authorized payroll
deductions from each payment of Compensation paid beginning at the first payroll date following the Enrollment Date and ending on the last payroll date on or before the Purchase Date, unless otherwise specified in the Enrollment Form. Such
deductions shall be expressed as a whole number percentage which shall be at least one percent (1%) but not more than fifteen percent (15%). No more than one (1) time during an Offering Period, a Participant may decrease or increase his or her
rate of payroll deductions applicable to such Offering Period. To make such a change, the Participant must submit a new Enrollment Form authorizing a new rate of payroll deductions. The deduction rate selected by the Participant for an Offering
Period shall automatically remain in effect for subsequent Offering Periods unless the Participant (a) submits a new Enrollment Form authorizing a new level of payroll deductions, (b) withdraws from the Plan in accordance with
Section 6.1 or (c) terminates employment or otherwise becomes ineligible to participate in the Plan. Any Participant who discontinues payroll deductions during an Offering Period may again become a Participant for a
subsequent Offering Period upon completion of the enrollment procedures prescribed by, or on behalf of, the Administrator, as revised from time to time. Amounts deducted from a Participant’s Compensation pursuant to this
Section 4.2 shall be credited to such Participant’s account in the Company’s books and records. Unless expressly permitted by the Administrator, a Participant may not make any additional payments or contributions
into such Participant’s account. The Company shall have no obligation to pay interest on payroll deductions or to hold such amounts in any segregated account. 

Article V 
 Grant and
Purchase of Shares 
 5.1    Grant of Rights. On the Grant Date of each Offering Period, each Eligible Employee
participating in such Offering Period shall be granted a right to purchase the maximum number of Shares specified under Section 5.3, subject to the dollar value limitations in Section 5.3, and
shall have the right to buy, on each Purchase Date during such Offering Period (at the applicable Purchase Price), such number of whole Shares as is determined by dividing (a) such Participant’s payroll deductions or permitted
contributions accumulated prior to such Purchase Date and credited to the Participant’s account as of the Purchase Date, by (b) the applicable Purchase Price (rounded down to the nearest Share). The right shall expire on the earlier of:
(x) the Purchase Date of the Offering Period, (y) last day of the Offering Period and (z) the date on which the Participant withdraws (or is deemed to have withdrawn) from the Plan in accordance with
Section 6.1 or Section 6.2. 
 5.2    Purchase of Shares. On each
Purchase Date, the amount in a Participant’s account shall be charged with the aggregate Purchase Price of the largest number of whole Shares that can be purchased with such amount. Unless otherwise provided by the Administrator, the number of
Shares purchased by each Participant on the Purchase Date shall be deposited into an account established in the Participant’s name with the stock brokerage or other financial services firm designated by the Administrator. The balance, if any,
in a Participant’s account shall be carried forward to the next succeeding Offering Period; provided that any payroll deductions accumulated in a Participant’s account that are not applied toward the purchase of Shares on a Purchase
Date due to limitations imposed by the Plan shall be returned to the Participant as soon as administratively feasible following the Purchase Date. 

  
 4 

 5.3    Limitations on Purchase. No Eligible Employee shall
be granted rights under the Plan that permit such Eligible Employee’s rights to purchase Common Stock under the Plan and under all other employee stock purchase plans of the Company and its parent and Subsidiaries to accrue at a rate which
exceeds $25,000 of fair market value of Stock (determined at the time such rights are granted) for each calendar year in which such rights are outstanding at any time (within the meaning of Section 423(b)(8) of the Code). Subject to
adjustment pursuant to Article VIII and to the other limits imposed under this Section 5.3, the maximum number of Shares that may be purchased by each Participant in any Offering Period shall be 100,000 Shares. 

5.4    Pro Rata Allocation of Shares. If the Administrator determines that, on a given Purchase Date, the number of Shares
with respect to which rights are to be exercised may exceed (a) the number of Shares that were available for issuance under the Plan on the Enrollment Date of the applicable Offering Period, or (b) the number of Shares available for
issuance under the Plan on such Purchase Date, the Administrator may in its sole discretion provide that the Company shall make a pro rata allocation of the Shares available for purchase on such Enrollment Date or Purchase Date, as applicable, in as
uniform a manner as shall be practicable and as it shall determine in its sole discretion to be equitable among all Participants for whom rights to purchase Common Stock are to be exercised pursuant to this Article V on
such Purchase Date, and shall either (i) continue all Offering Periods then in effect, or (ii) terminate any or all Offering Periods then in effect pursuant to Article IX. The Company may make pro rata allocation
of the Shares available on the Enrollment Date of any applicable Offering Period pursuant to the preceding sentence, notwithstanding any authorization of additional Shares for issuance under the Plan by the Company’s stockholders subsequent to
such Enrollment Date. The balance of the amount credited to the account of each Participant that has not been applied to the purchase of Shares shall be paid to such Participant in one lump sum in cash as soon as reasonably practicable after the
Purchase Date. 
 5.5    Conditions to Issuance of Common Stock. The Company shall not be required to issue or deliver any
certificate or certificates for, or make any book entries evidencing, Shares purchased upon the exercise of rights under the Plan prior to fulfillment of all of the following conditions: 

(a)    The admission of such Shares to listing on all stock exchanges, if any, on which the Common Stock is then listed;

 (b)    The completion of any registration or other qualification of such Shares under any state or federal law or
under the rulings or regulations of the Securities and Exchange Commission or any other governmental regulatory body, that the Administrator shall, in its absolute discretion, deem necessary or advisable; 

(c)    The obtaining of any approval or other clearance from any state or federal governmental agency that the
Administrator shall, in its absolute discretion, determine to be necessary or advisable; 
 (d)    The payment to the
Company of all amounts that it is required to withhold under federal, state or local law upon exercise of the rights, if any; and 

(e)    The lapse of such reasonable period of time following the exercise of the rights as the Administrator may from time
to time establish for reasons of administrative convenience. 

  
 5 

 Article VI 

Termination of Participation 

6.1    Voluntary Withdrawal. A Participant may withdraw from the Plan at any time by giving written notice to the Company in
a form acceptable to the Company no later than one (1) week prior to the applicable Purchase Date. Upon withdrawal, the entire amount, if any, in a Participant’s account shall be refunded to him or her without interest as soon as
reasonably practicable following the receipt of notice to withdraw and such Participant’s rights for the Offering Period shall be automatically terminated, and no further payroll deductions for the purchase of Shares shall be made or
contributions accepted for such Offering Period. Any Participant who withdraws from the Plan may again become a Participant in accordance with Section 4.1 hereof. 

6.2    Termination of Eligibility. If a Participant ceases to be eligible under Section 4.1 hereof
for any reason, the Participant shall be deemed to have elected to withdraw from the Plan pursuant to Section 6.1 and the payroll deductions credited to such Participant’s account shall be refunded to the Participant,
or in the case of death, to the person or persons entitled thereto under Section 11.3, as soon as reasonably practicable, and such Participant’s rights for the Offering Period shall be automatically terminated. 

Article VII 

Administration 

7.1    Administrator. Unless otherwise determined by the Board, the Administrator of the Plan shall be the Compensation
Committee of the Board (or another committee or a subcommittee of the Board to which the Board delegates administration of the Plan) (such committee, the “Committee”). The Board may at any time vest in the Board any authority or
duties for administration of the Plan. 
 7.2    Actions by the Administrator. Unless otherwise established by the Board
or in any charter of the Administrator, a majority of the Administrator shall constitute a quorum. The acts of a majority of the members present at any meeting at which a quorum is present and, subject to applicable law and the Company’s
bylaws, acts approved in writing by a majority of the Administrator in lieu of a meeting, shall be deemed the acts of the Administrator. Each member of the Administrator is entitled to, in good faith, rely or act upon any report or other information
furnished to that member by any officer or other employee of the Company or any Designated Subsidiary, the Company’s independent certified public accountants, attorneys or any executive compensation consultant or other professional retained by
the Company to assist in the administration of the Plan. 
 7.3    Authority of the Administrator. The Administrator shall
have the power, subject to, and within the limitations of, the express provisions of the Plan: 
 (a)    To determine
when and how rights to purchase Common Stock shall be granted and the provisions of each offering of such rights (which need not be identical); 

(b)    To designate from time to time which Subsidiaries of the Company shall be Designated Subsidiaries, which
designation may be made without the approval of the stockholders of the Company; 
 (c)    To construe and interpret the
Plan and rights granted under it, and to establish, amend and revoke rules and regulations for its administration. The Administrator, in the exercise of this power, may correct any defect, omission or inconsistency in the Plan, in a manner and to
the extent it shall deem necessary or expedient to make the Plan fully effective; 
 (d)    To amend, suspend or
terminate the Plan as provided in Article IX; and 
 (e)    Generally, to exercise such powers and to perform
such acts as the Administrator deems necessary or expedient to promote the best interests of the Company and its Subsidiaries and to carry out the intent that the Plan be treated as an “employee stock purchase plan” within the meaning of
Section 423 of the Code. 

  
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 7.4    Decisions Binding. The Administrator’s interpretation of the
Plan, any rights granted pursuant to the Plan, any subscription agreement and all decisions and determinations by the Administrator with respect to the Plan are final, binding, and conclusive on all parties. 

Article VIII 

Adjustments 

8.1    Change in Capitalization. Subject to Section 8.3, in the event that the Administrator
determines that any dividend or other distribution (whether in the form of cash, Common Stock, other securities, or other property), Change in Control, reorganization, merger, amalgamation, consolidation, combination, repurchase, recapitalization,
liquidation, dissolution, or sale, transfer, exchange or other disposition of all or substantially all of the assets of the Company, or sale or exchange of Common Stock or other securities of the Company, issuance of warrants or other rights to
purchase Common Stock or other securities of the Company, or other similar corporate transaction or event, as determined by the Administrator, affects the Common Stock such that an adjustment is determined by the Administrator to be appropriate in
order to prevent dilution or enlargement of the benefits or potential benefits intended by the Company to be made available under the Plan or with respect to any outstanding purchase rights under the Plan, the Administrator shall make, in such
manner as it deems equitable, adjustments, if any, to reflect such change with respect to (a) the aggregate number and type of Shares (or other securities or property) that may be issued under the Plan (including, but not limited to,
adjustments of the limitations in Section 3.1 and the limitation established pursuant to Section 5.3 on the maximum number of Shares that may be purchased); (b) the class(es) and number of Shares
and price per Share subject to outstanding rights; and (c) the Purchase Price with respect to any outstanding rights. 

8.2    Other Adjustments. Subject to Section 8.3, in the event of any transaction or event
described in Section 8.1 or any unusual or nonrecurring transactions or events affecting the Company, any affiliate of the Company, or the financial statements of the Company or any affiliate (including without limitation
any Change in Control), or of changes in applicable law or accounting principles, the Administrator, in its discretion, and on such terms and conditions as it deems appropriate, is hereby authorized to take any one or more of the following actions
whenever the Administrator determines that such action is appropriate in order to prevent the dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan or with respect to any right under the Plan, to
facilitate such transactions or events or to give effect to such changes in laws, regulations or principles: 

(a)    To provide for either (i) termination of any outstanding right in exchange for an amount of cash, if any,
equal to the amount that would have been obtained upon the exercise of such right had such right been currently exercisable or (ii) the replacement of such outstanding right with other rights or property selected by the Administrator in its
sole discretion; 
 (b)    To provide that the outstanding rights under the Plan shall be assumed by the successor or
survivor corporation, or a parent or subsidiary thereof, or shall be substituted for by similar rights covering the stock of the successor or survivor corporation, or a parent or subsidiary thereof, with appropriate adjustments as to the number and
kind of shares and prices; 
 (c)    To make adjustments in the number and type of Shares (or other securities or
property) subject to outstanding rights under the Plan and/or in the terms and conditions of outstanding rights and rights that may be granted in the future; 

  
 7 

 (d)    To provide that Participants’ accumulated payroll deductions
or contributions may be used to purchase Common Stock prior to the next occurring Purchase Date on such date as the Administrator determines in its sole discretion and the Participants’ rights under the ongoing Offering Period(s) shall be
terminated; and 
 (e)    To provide that all outstanding rights shall terminate without being exercised. 

8.3    No Adjustment Under Certain Circumstances. No adjustment or action described in this
Article VIII or in any other provision of the Plan shall be authorized to the extent that such adjustment or action would cause the Plan to fail to satisfy the requirements of Section 423 of the Code. 

8.4    No Other Rights. Except as expressly provided in the Plan, no Participant shall have any rights by reason of any
subdivision or consolidation of shares of stock of any class, the payment of any dividend, any increase or decrease in the number of shares of stock of any class or any dissolution, liquidation, merger, or consolidation of the Company or any other
corporation. Except as expressly provided in the Plan or pursuant to action of the Administrator under the Plan, no issuance by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect,
and no adjustment by reason thereof shall be made with respect to, the number of Shares subject to outstanding rights under the Plan or the Purchase Price with respect to any outstanding rights. 

Article IX 
 Amendment,
Modification and Termination 
 9.1    Amendment, Modification and Termination. The Board may amend, suspend or
terminate the Plan at any time and from time to time; provided, however, that approval of the Company’s stockholders shall be required within twelve (12) months following any Board action to: (a) increase the aggregate number, or
change the type, of shares that may be sold pursuant to rights under the Plan under Section 3.1 (other than an adjustment as provided by Article VIII); (b) change the corporations or classes of corporations whose
employees may be granted rights under the Plan; or (c) change the Plan in any manner that would cause the Plan to no longer be an “employee stock purchase plan” within the meaning of Section 423(b) of the Code. 

9.2    Certain Changes to the Plan. Without stockholder consent and without regard to whether any Participant rights may be
considered to have been adversely affected, to the extent permitted by Section 423 of the Code, the Administrator shall be entitled to change or terminate the Offering Periods, limit the frequency and/or number of changes in the amount withheld
from Compensation during an Offering Period, establish the exchange ratio applicable to amounts withheld in a currency other than U.S. dollars, permit payroll withholding in excess of the amount designated by a Participant in order to adjust for
delays or mistakes in the Company’s processing of payroll withholding elections, establish reasonable waiting and adjustment periods and/or accounting and crediting procedures to ensure that amounts applied toward the purchase of Common Stock
for each Participant properly correspond with amounts withheld from the Participant’s Compensation, and establish such other limitations or procedures as the Administrator determines in its sole discretion to be advisable that are consistent
with the Plan. 
 9.3    Actions in the Event of Unfavorable Financial Accounting Consequences. In the event the
Administrator determines that the ongoing operation of the Plan may result in unfavorable financial accounting consequences, the Administrator may, in its discretion and, to the extent necessary or desirable, modify or amend the Plan to reduce or
eliminate such accounting consequence including, but not limited to: (i) altering the Purchase Price for any Offering Period including an Offering Period underway at the time of the change in Purchase Price; (ii) shortening
any Offering Period so that the Offering Period ends on a new Purchase Date, including an Offering Period underway at the time of the Administrator action; and; (iii) allocating Shares. Such modifications or amendments shall not require
stockholder approval or the consent of any Participant.  

  
 8 

 9.4    Payments Upon Termination of Plan. Upon a termination of the Plan,
the balance in each Participant’s account shall be refunded as soon as practicable after such termination, without any interest thereon. 

Article X 
 Term of the
Plan 
 The Plan shall be effective on the Effective Date. The effectiveness of the Plan shall be subject to approval of the Plan by the stockholders of
the Company within twelve (12) months following the date the Plan is first approved by the Board. No right may be granted under the Plan prior to such stockholder approval. The Plan shall be in effect until terminated under
Section 9.1 hereof. No rights may be granted under the Plan during any period of suspension of the Plan or after termination of the Plan. 

Article XI 
 General
Provisions 
 11.1    Restriction upon Assignment. A right granted under the Plan shall not be transferable other than
by will or the applicable laws of descent and distribution, and is exercisable during the Participant’s lifetime only by the Participant. Except as provided in Section 11.3 hereof, a right under the Plan may not be
exercised to any extent except by the Participant. The Company shall not recognize and shall be under no duty to recognize any assignment or alienation of the Participant’s interest in the Plan, the Participant’s rights under the Plan or
any rights thereunder 
 11.2    Rights as a Stockholder. With respect to Shares subject to a right granted under the
Plan, a Participant shall not be deemed to be a stockholder of the Company, and the Participant shall not have any of the rights or privileges of a stockholder, until such Shares have been issued to the Participant or his or her nominee following
exercise of the Participant’s rights under the Plan. No adjustments shall be made for dividends (ordinary or extraordinary, whether in cash securities, or other property) or distribution or other rights for which the record date occurs prior to
the date of such issuance, except as otherwise expressly provided herein or as determined by the Administrator. 

11.3    Designation of Beneficiary. A Participant may, in the manner determined by the Administrator, file a written
designation of a beneficiary who is to receive any Shares and/or cash, if any, from the Participant’s account under the Plan in the event of such Participant’s death subsequent to a Purchase Date on which the Participant’s rights are
exercised but prior to delivery to such Participant of such Shares and cash. In addition, a Participant may file a written designation of a beneficiary who is to receive any cash from the Participant’s account under the Plan in the event of
such Participant’s death prior to exercise of the Participant’s rights under the Plan. If the Participant is married and resides in a community property state, a designation of a person other than the Participant’s spouse as his or
her beneficiary shall not be effective without the prior written consent of the Participant’s spouse. Such designation of beneficiary may be changed by the Participant at any time by written notice to the Company. In the event of the death of a
Participant and in the absence of a beneficiary validly designated under the Plan who is living at the time of such Participant’s death, the Company shall deliver such Shares and/or cash to the executor or administrator of the estate of the
Participant, or if no such executor or administrator has been appointed (to the knowledge of the Company), the Company, in its discretion, may deliver such Shares and/or cash to the spouse or to any one or more dependents or relatives of the
Participant, or if no spouse, dependent or relative is known to the Company, then to such other person as the Company may designate. 

11.4    Interest. No interest shall accrue on the payroll deductions or contributions of a Participant under the Plan. 

  
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 11.5    Notices. Any notice which a Participant files pursuant to the Plan
shall be made on forms prescribed by the Administrator and shall be effective only when received by the Company. 

11.6    Equal Rights and Privileges. All Eligible Employees shall have equal rights and privileges under the Plan so that
the Plan qualifies as an “employee stock purchase plan” within the meaning of Section 423 of the Code. Any provision of the Plan that is inconsistent with Section 423 of the Code shall, without further act or amendment by the
Company, the Board or the Administrator, be reformed to comply with the equal rights and privileges requirement of Section 423 of the Code. 

11.7    No Right to Continued Employment. Neither the creation of the Plan nor participation therein shall be deemed to
create any right of continued employment or in any way affect the right of the Company or a Designated Subsidiary to terminate an Employee. 

11.8    Withholding of Taxes. At the time a Participant’s rights under the Plan are exercised, in whole or in
part, or at the time some or all of the Common Stock issued under the Plan is disposed of, the Participant must make adequate provision for the Company’s federal, state, or other tax withholding obligations, if any, that arise upon the exercise
of the right or the disposition of the Common Stock. At any time, the Company may withhold from the Participant’s compensation the amount necessary for the Company to meet applicable withholding obligations, including any withholding required
to make available to the Company any tax deductions or benefits attributable to the sale or early disposition of Common Stock by the Participant. 

11.9    Notice of Disposition of Shares. Each Participant shall give prompt notice to the Company of any disposition or
other transfer of any Shares purchased upon exercise of a right under the Plan if such disposition or transfer is made: (a) within two (2) years from the Grant Date of the Offering Period in which the Shares were purchased or
(b) within one (1) year after the Purchase Date on which such Shares were purchased. Such notice shall specify the date of such disposition or other transfer and the amount realized, in cash, other property, assumption of indebtedness or
other consideration, by the Participant in such disposition or other transfer. 
 11.10    Application of Funds. All funds
received by the Company by reason of purchases of Shares hereunder may be used for any corporate purpose, and the Company shall not be obligated to segregate such funds. 

11.11    Governing Law. The Plan and all rights and obligations thereunder shall be constructed and enforced in accordance
with the laws of the State of Delaware and any applicable provisions of the Code and the related regulations. 

11.12    Jurisdiction; Waiver of Jury Trial. Any suit, action or proceeding with respect to the Plan or any agreement, or
any judgment entered by any court of competent jurisdiction in respect of any thereof, shall be resolved only in the courts of the State of Delaware or the United States District Court for the District of Delaware and the appellate courts having
jurisdiction of appeals in such courts. In that context, and without limiting the generality of the foregoing, the Company and each Eligible Employee shall irrevocably and unconditionally (a) submit in any proceeding relating to the Plan or any
agreement, or for the recognition and enforcement of any judgment in respect thereof (a “Proceeding”), to the exclusive jurisdiction of the courts of the State of Delaware, the court of the United States of America for the District
of Delaware, and appellate courts having jurisdiction of appeals from any of the foregoing, and agree that all claims in respect of any such Proceeding shall be heard and determined in such Delaware State court or, to the extent permitted by law, in
such federal court, (b) consent that any such Proceeding may and shall be brought in such courts and waives any objection that the Company and each Eligible Employee may now or thereafter have to the venue or jurisdiction of any such Proceeding
in any such court or that such 

  
 10 

 
Proceeding was brought in an inconvenient court and agree not to plead or claim the same, (c) WAIVE ALL RIGHT TO TRIAL BY JURY IN ANY PROCEEDING (WHETHER BASED ON CONTRACT, TORT OR
OTHERWISE) ARISING OUT OF OR RELATING TO THE PLAN OR ANY AGREEMENT, (d) agree that service of process in any such Proceeding may be effected by mailing a copy of such process by registered or certified mail (or any substantially similar form of
mail), postage prepaid, to such party, in the case of an Eligible Employee, at the Eligible Employee’s address shown in the books and records of the Company or, in the case of the Company, at the Company’s principal offices, attention
General Counsel, and (e) agree that nothing in the Plan shall affect the right to effect service of process in any other manner permitted by the laws of the State of Delaware. 

11.13    Unfunded Status of Plan. The Plan shall be an unfunded plan. The Administrator may authorize the
creation of trusts or other arrangements to meet the obligations created under the Plan to deliver Shares or make payments, provided that the existence of such trusts or other arrangements is consistent with the unfunded status of the Plan.

 *         *        
*         * 

  
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