Document:

Exhibit 10.3

 

ARGO
BLOCKCHAIN PLC 

2021 U.S. EQUITY INCENTIVE PLAN

 

Effective Date: July 26, 2021

 

1.              Purpose;
Eligibility. This 2021 U.S. Equity Incentive Plan (the “US Incentive Plan”) of Argo Blockchain PLC, a public limited company
incorporated in England and Wales (Company Number 11097258) (the “Corporation”) is intended to: (i) enable the Corporation
and any Affiliate to attract and retain the types of Employees, Consultants and Directors who will contribute to the Corporation’s
long range success; (ii) provide incentives that align the interests of Employees, Consultants and Directors with those of the security
holders of the Corporation; and (iii) promote the success of the Corporation’s business.

 

(a)  Available
Awards. Awards that may be granted under the Plan shall only include Non-Qualified Stock Options.

 

(b)  Eligible
Award Recipients. The persons eligible to receive Awards are the Employees, Consultants and Directors of the Company and its Affiliates
and such other individuals designated by the Committee who are reasonably expected to become Employees, Consultants and Directors after
the receipt of Awards.

 

2.              Definitions.
As used in this Plan, the following words and phrases shall have the meanings indicated:

 

(a)  “Award”
means any Stock Option granted under the US Incentive Plan.

 

(b) “Award
Agreement” means a written agreement, contract, certificate or other instrument or document evidencing the terms and conditions
of an individual Award granted under the Plan that may, in the discretion of the Corporation, be transmitted electronically to any Participant.
Each Award Agreement will be subject to the terms and conditions of the Plan.

 

(c)  “Board”
shall mean the Board of Directors of the Corporation.

 

(d)  “Change
in Control” means (i) the acquisition (whether by purchase, merger, consolidation, combination or other similar transaction)
by any person of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act of 1934) of more than
50% (on a fully diluted basis) of the combined voting power of the then outstanding voting securities of the Corporation; provided, however,
that for purposes of this US Incentive Plan, the following acquisitions shall not constitute a Change in Control: (A) any acquisition
by the Corporation or any affiliate, (B) any acquisition by any employee benefit plan sponsored or maintained by the Corporation
or any subsidiary, (C) in respect of an Award held by a particular Recipient, any acquisition by the Recipient or any group of persons
including the Recipient (or any entity controlled by the Recipient or any group of persons including the Recipient); or (D) the acquisition
of securities pursuant to an offer made to the general public through a registration statement filed with the Securities and Exchange
Commission; or (ii) the sale, transfer or other disposition of all or substantially all of the assets of the Corporation to any person
other than an affiliate.

 

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(e)  “Code”
shall mean the United States Internal Revenue Code of 1986, as amended from time to time (codified as Title 26 of the United States Code)
and any successor legislation.

 

(f)  “Committee”
shall mean any Committee appointed by the Board to administer this US Incentive Plan, if one has been appointed. If no Committee has been
appointed, the term “Committee” shall mean the Board.

 

(g)  “Company
Group” means the Corporation and its subsidiaries from time to time.

 

(h)  “Consultant”
means any individual or entity that performs bona fide services to the Company or an Affiliate, other than as an Employee or Director.

 

(i)  “Continuous
Service” means that the Recipient’s service with the Corporation or an Affiliate, whether as an Employee, Consultant or Director,
is not interrupted or terminated. The Recipient’s Continuous Service will not be deemed to have terminated merely because of a change
in the capacity in which the Recipient renders service to the Corporation or an Affiliate as an Employee, Consultant or Director, or a
change in the entity for which the Recipient renders such service, provided that there is no interruption or termination of the Recipient’s
Continuous Service. For example, a change in status from an Employee of the Company to a Director of an Affiliate will not constitute
an interruption of Continuous Service. The Committee or its delegate, in its sole discretion, may determine whether Continuous Service
will be considered interrupted in the case of any leave of absence approved by that party, including sick leave, military leave or any
other personal or family leave of absence. The Committee or its delegate, in its sole discretion, may determine whether a transaction,
such as a sale or spin-off of a division or subsidiary that employs a Recipient, will be deemed to result in a termination of Continuous
Service for purposes of affected Awards, and such decision will be final, conclusive and binding.

 

(j)  “Dilutive
Shares” means on any date, all shares of the Company which:

 

i.   Have
been issued, or transferred out of treasury, on the exercise of options granted or in satisfaction of any other awards made, under any
Share Incentive Scheme during the shorter of (1) the ten years ending on (and including) that date; and (2) the period since
one month before such shares were first admitted to the Official List maintained by the United Kingdom Listing Authority; and

 

ii.   Remain
capable of issue, or transfer out of treasury, under any Existing Award.

 

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(k)  “Director”
means a member of the Board.

 

(l)  “Disability”
shall mean a Recipient’s inability to engage in any substantial gainful activity by reason of any medically determinable physical
or mental impairment that can be expected to result in death or that has lasted or can be expected to last for a continuous period of
not less than 12 months. If the Recipient has a disability insurance policy, the term “Disability” shall be as defined therein.

 

(m)  “Employee”
means any person, including an officer or Director, employed by the Corporation or an Affiliate. Mere service as a Director or payment
of a director’s fee by the Corporation or an Affiliate will not be sufficient to constitute “employment” by the Corporation
or an Affiliate.

 

(n)  “Existing
Award” means an option or any other right or award under which Ordinary Shares in the Company may be acquired or received, granted
under any Share Incentive Plan.

 

(o)  “Fair
Market Value” means, on a given date, (i) if there is a public market for the Ordinary Shares on such date, the closing price
of the shares as reported on such date on the national securities exchange of home country jurisdiction (as determined on such date) on
which the shares are listed or, another national securities exchange if, in the Committee’s sole judgment and discretion, such other
exchange more accurately reflects the fair market value of the Ordinary Shares, or if no sales of shares have been reported on any national
securities exchange, then the immediately preceding date on which sales of the shares have been so reported or quoted, and (ii) if
there is no public market for the Ordinary Shares on such date, then the fair market value shall be determined by the Committee in good
faith using a reasonable application of a reasonable valuation method after taking into consideration all factors which it deems appropriate.
Fair Market Value shall be determined without regard to any restriction other than a restriction which by its terms, never expires.

 

(p)  “Grant
Date” means the date on which the Committee adopts a resolution, or takes other appropriate action, expressly granting an Award
to a Recipient that specifies the key terms and conditions of the Award or, if a later date is set forth in the resolution, then such
date as is set forth in such resolution.

 

(q)  “Options”
means options to acquire Ordinary Shares granted pursuant to the provisions of this Plan.

 

(r)  “Ordinary
Share” means an ordinary share in the capital of the Corporation, or such other security of the Corporation as may be designated
by the Committee from time to time in substitution thereof.

 

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(s)  “Recipient”
means any person granted an Option hereunder.

 

(t)  “Share
Incentive Scheme” means any arrangement to provide Employees, Directors or Consultants with Ordinary Shares, regardless of the jurisdiction
of such arrangement.

 

3.              Administration.

 

(a)  The
US Incentive Plan shall be administered by the Committee. The Committee shall have the authority in its discretion, subject to and not
inconsistent with the express provisions of the US Incentive Plan, to administer the US Incentive Plan and to exercise all the powers
and authorities either specifically conferred under the US Incentive Plan or necessary or advisable in the administration of the US Incentive
Plan, including the authority: to grant Options; to determine the vesting schedule and other restrictions, if any, relating to Options;
to determine the purchase price of the Ordinary Shares covered by each Option (the “Option Price”); to determine the persons
to whom, and the time or times at which, Options shall be granted; to determine the number of shares to be covered by each Option; to
determine Fair Market Value per share; to interpret the US Incentive Plan; to prescribe, amend and rescind rules and regulations
relating to the US Incentive Plan; to determine the terms and provisions of the Option Agreements (which need not be identical) entered
into in connection with Options granted under the US Incentive Plan; and to make all other determinations deemed necessary or advisable
for the administration of the US Incentive Plan. Without limiting the generality of the foregoing, the Committee may provide in the terms
of an Award that the benefits of the Award may be adjusted or accelerated upon or in connection with a Change of Control. The Committee
may delegate to one or more of its members or to one or more agents such administrative duties as it may deem advisable, and the Committee
or any person to whom it has delegated duties as aforesaid may employ one or more persons to render advice with respect to any responsibility
the Committee or such person may have under the US Incentive Plan.

 

(b)  Awards
granted under the US Incentive Plan shall be evidenced by duly adopted resolutions of the Committee included in the minutes of the meeting
at which they are adopted or in a unanimous written consent.

 

(c)  The
Committee shall endeavor to administer the US Incentive Plan and grant Awards hereunder in a manner that is compatible with the obligations
of persons subject to Section 16 of the U.S. Securities Exchange Act of 1934 (the “1934 Act”), although compliance with
Section 16 is the obligation of the Recipient, not the Corporation. Neither the Committee, the Board nor the Corporation can assume
any legal responsibility for a Recipient’s compliance with his or her obligations under Section 16 of the 1934 Act.

 

(d)  No
member of the Committee or the Board shall be liable for any action taken or determination made in good faith with respect to the US Incentive
Plan or any Award granted hereunder.

 

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4.              Eligibility.

 

(a)  Subject
to certain limitations hereinafter set forth, Options may be granted to Employees (including officers) Consultants and Directors (whether
or not they are employees) of the Corporation or its present or future divisions, affiliates and subsidiaries. In determining the persons
to whom and Award shall be granted and the number of shares to be covered by each Award, the Committee shall take into account the duties
of the respective persons, their present and potential contributions to the success of the Corporation, and such other factors as the
Committee shall deem relevant to accomplish the purposes of the US Incentive Plan.

 

(b)  A
Recipient shall be eligible to receive more than one grant of an Option during the term of the US Incentive Plan, on the terms and subject
to the restrictions herein set forth.

 

5.              Ordinary
Shares Reserved.

 

(a)  The
Ordinary Shares subject to Awards hereunder shall be Ordinary Shares of the Corporation. Such shares, in whole or in part, may be authorized
but unissued shares or shares that shall have been or that may be reacquired by the Corporation. The Company may not grant an Award if
that grant would result in the total number of Dilutive Shares to exceed 10% of the issued share capital of the Company, subject to adjustment
as provided in Section 7(i) hereof.

 

(b)  Any
Ordinary Shares subject to an Award that expires or is canceled, forfeited, or terminated without issuance of the full number of Ordinary
Shares to which the Award related will again be available for issuance under the US Incentive Plan. Notwithstanding anything to the contrary
contained herein: shares subject to an Award under the US incentive Plan shall not again be made available for issuance or delivery under
the US Incentive Plan if such shares are (a) shares tendered in payment of an Option, or (b) shares delivered or withheld by
the Corporation to satisfy any tax withholding obligation.

 

6.             Non-qualified
Stock Options. Options granted pursuant to this Plan are intended to constitute Non-qualified Stock Options and shall be subject only
to the general terms and conditions specified in Section 7 hereof.

 

7.              Terms
and Conditions of Options. Each Option granted pursuant to the US Incentive Plan shall be evidenced by a written agreement between
the Corporation and the Recipient, which agreement shall be substantially in the form of Exhibit A (the “Option Agreement”)
hereto as modified from time to time by the Committee in its discretion, and which shall comply with and be subject to the following terms
and conditions:

 

(a)  Number
of Shares. Each Option Agreement shall state the number of Ordinary Shares covered by the Option.

 

(b)  Option
Price. Subject to adjustment as provided in Section 7(i) hereof, each Option Agreement shall state the Option Price, which
shall be determined by the Committee subject only to the restriction that each Option Agreement shall state the Option Price, which shall
not be less than 100% of the Fair Market Value per share on the date of grant of the Option.

 

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(c)  Term
of Option. Each Option Agreement shall state the period during and times at which the Option shall be exercisable, in accordance with
the following limitations:

 

(1)  The
date on which the Committee adopts a resolution expressly granting an Option shall be considered the day on which such Option is granted,
unless a future date is specified in the resolution, although any such grant shall not be effective until the Recipient has executed
an Option Agreement with respect to such Option.

 

(2)  The
exercise period of any Option shall not exceed ten years from the date of grant of the Option.

 

(3)  The
Committee shall have the authority to accelerate or extend the exercisability of any outstanding Option at such time and under such circumstances
as it, in its sole discretion, deems appropriate. In any event, no exercise period may be so extended to increase the term of the Option
beyond ten years from the date of the grant.

 

(4)  The
exercise period shall be subject to earlier termination as provided in Sections 7(f) and 7(g) hereof, and, furthermore, shall
be terminated upon surrender of the Option by the holder thereof if such surrender has been authorized in advance by the Committee.

 

(d)  Method
of Exercise and Medium and Time of Payment.

 

(1)  Only
vested Options are exercisable. An Option may be exercised as to any or all whole Ordinary Shares as to which it then is exercisable,
provided, however, that no Option may be exercised as to less than 100 shares (or such number of shares as to which the Option is then
exercisable if such number of shares is less than 100).

 

(2)  Each
exercise of an Option granted hereunder, whether in whole or in part, shall be effected by written notice to the Secretary of the Corporation
designating the number of shares as to which the Option is being exercised, and shall be accompanied by payment in full of the Option
Price for the number of shares so designated, together with any written statements required by, or deemed by the Corporation’s counsel
to be advisable pursuant to, any applicable securities laws.

 

(3)  The
Option Price shall be paid in cash, provided, however, the Committee (in its sole discretion) may allow the Option Price
to be paid in Ordinary Shares having a Fair Market Value equal to such Option Price (including Shares subject to the Option as a cashless
exercise feature), in property, in a combination of cash, shares and property or in whole or in part with funds received from the Corporation
at the time of exercise as a compensatory cash payment.

 

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(4)  The
Committee shall have the sole and absolute discretion to determine whether or not property other than cash may be used to purchase the
Ordinary Shares hereunder and, if so, to determine the value of the property received.

 

(5)  The
Recipient shall make provision for the withholding of taxes as required by Section 9 hereof.

 

(e) Other
Provisions. Option Agreements authorized under the US Incentive Plan may contain such other provisions, including, without limitation,
the imposition of restrictions upon the exercise.

 

(f)  Termination.

 

(1)  Unless
otherwise provided in the Option Agreement by and between the Corporation and the Recipient, if the Recipient ceases to be an Employee,
Director or Consultant of the Corporation or its Affiliates (other than by reason of death, Disability or retirement), all Awards theretofore
granted to such Recipient but not theretofore exercised shall terminate 90 days following the date the Recipient ceased to be an employee,
officer, director or consultant of the Corporation or its affiliates.

 

(2)  Nothing
in the US Incentive Plan or in any Award granted hereunder shall confer upon an individual any right to continue in the employ of or other
relationship with the Corporation or its affiliates or interfere in any way with the right of the Corporation or its affiliates to terminate
such employment or other relationship between the individual and the Corporation and its affiliates.

 

(g)  Death,
Disability or Retirement of Recipient. Unless otherwise provided in the Option Agreement by and between the Corporation and the Recipient,
if a Recipient shall die while an Employee, Director or Consultant of the Corporation or its Affiliate, or within ninety days after the
termination of such Recipient as an Employee, Director or Consultant, other than termination for cause (as may be defined in a Recipient’s
employment agreement, if any), or if the Recipient’s relationship with the Corporation or its affiliates shall terminate by reason
of Disability or retirement, all Awards theretofore granted to such Recipient (whether or not otherwise exercisable) unless earlier terminated
in accordance with their terms, may be exercised by the Recipient or by the Recipient’s estate or by a person who acquired the right
to exercise such Awards by bequest or inheritance or otherwise by reason of the death or Disability of the Recipient, at any time within
one year after the date of death, Disability or retirement of the Recipient.

 

(h)  Transferability
Restriction.

 

(1) Awards
granted under the US Incentive Plan shall not be transferable other than by will or by the laws of descent and distribution or pursuant
to a qualified domestic relations order as defined by the Code or Title I of the Employee Retirement Income Security Act of 1974, or the
rules thereunder. Awards may be exercised during the lifetime of the Recipient only by the Recipient and thereafter only by his legal
representative.

 

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(2)  Any
attempted sale, pledge, assignment, hypothecation or other transfer of an Award contrary to the provisions hereof and/or the levy of
any execution, attachment or similar process upon an Award, shall be null and void and without force or effect and shall result in a
termination of the Award.

 

(3) (A) 
As a condition to the transfer of any Ordinary Shares issued upon exercise of an Award, the Corporation may require an opinion of counsel,
satisfactory to the Corporation, to the effect that such transfer will not be in violation of the U.S. Securities Act of 1933, as amended
(the “1933 Act”) or any other applicable securities laws or that such transfer has been registered under federal and all applicable
state securities laws. (B) Further, the Corporation shall be authorized to refrain from delivering or transferring Ordinary Shares
issued under this Plan until the Committee determines that such delivery or transfer will not violate applicable securities laws and the
Recipient has tendered to the Corporation any federal, state or local tax owed by the Recipient as a result of exercising the Award or
disposing of any Ordinary Shares when the Corporation has a legal liability to satisfy such tax. (C)  The Corporation shall not be
liable for damages due to delay in the delivery or issuance of any stock certificate for any reason whatsoever, including, but not limited
to, a delay caused by listing requirements of any securities exchange or any registration requirements under the 1933 Act, the 1934 Act,
or under any other state, federal or provincial law, rule or regulation. (D)  The Corporation is under no obligation to take
any action or incur any expense in order to register or qualify the delivery or transfer Ordinary Shares under applicable securities laws
or to perfect any exemption from such registration or qualification. (E) Furthermore, the Corporation will not be liable to any Recipient
for failure to deliver or transfer Ordinary Shares if such failure is based upon the provisions of this paragraph.

 

(i)  Effect
of Certain Changes.

 

(1)  If
there is any change in the number of Ordinary Shares outstanding through the declaration of stock dividends, or through a recapitalization
resulting in stock splits or combinations or exchanges of such shares, the number of Ordinary Shares available for Awards and the number
of such shares covered by outstanding Awards, and the exercise price per share of the outstanding Awards, shall be proportionately adjusted
by the Committee to reflect any increase or decrease in the number of issued Ordinary Shares; provided, however, that any fractional shares
resulting from such adjustment shall be eliminated.

 

(2)  In
the event of the proposed dissolution or liquidation of the Corporation, or any corporate separation or division, including, but not
limited to, split-up, split-off or spin-off, or a merger or consolidation of the Corporation with another corporation, the Committee
may provide that the holder of each Award then exercisable shall have the right to exercise such Award (at its then current exercise
price) solely for the kind and amount of shares of stock and other securities, property, cash or any combination thereof receivable upon
such dissolution, liquidation, corporate separation or division, or merger or consolidation by a holder of the number of Ordinary Shares
for which such Award might have been exercised immediately prior to such dissolution, liquidation, corporate separation or division,
or merger or consolidation; or, in the alternative the Committee may provide that each Award granted under the Plan shall terminate as
of a date fixed by the Committee; provided, however, that not less than 10 days’ written notice of the date so fixed shall be given
to each Recipient, who shall have the right, during the period of 10 days preceding such termination, to exercise the Award as to all
or any part of the Ordinary Shares covered thereby, including shares as to which such Award would not otherwise be exercisable.

 

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(3)  Paragraph
2 of this Section 7(i) shall not apply to a merger or consolidation in which the Corporation is the surviving corporation and
the Ordinary Shares are not converted into or exchanged for stock, securities of any other corporation, cash or any other thing of value.
Notwithstanding the preceding sentence, in case of any consolidation or merger of another corporation into the Corporation in which the
Corporation is the surviving corporation and in which there is a reclassification or change (including a change to the right to receive
cash or other property) of the Ordinary Shares (excluding a change in par value, or any change as a result of a subdivision or combination,
but including any change in such shares into two or more classes or series of shares), the Committee may provide that the holder of each
Award then exercisable shall have the right to exercise such Award solely for the kind and amount of shares of stock and other securities
(including those of any new direct or indirect parent of the Corporation), property, cash or any combination thereof receivable upon such
reclassification, change, consolidation or merger by the holder of the number of Ordinary Shares for which such Award might have been
exercised.

 

(4)  In
the event of a change in the Ordinary Shares of the Corporation as presently constituted into the same number of shares with a different
par value, the shares resulting from any such change shall be deemed to be the Ordinary Shares of the Corporation within the meaning of
the US Incentive Plan.

 

(5)  Except
as expressly provided in this Section 7(i), the Recipient shall have no rights by reason of any subdivision or consolidation of shares
of stock of any class, or the payment of any stock dividend or any other increase or decrease in the number of shares of stock of any
class, or by reason of any dissolution, liquidation, merger, or consolidation or spin-off of assets or stock of another corporation; and
any issue by the Corporation of shares of stock of any class, or securities convertible into shares of stock of any class, shall not affect,
and no adjustment by reason thereof shall be made with respect to, the number or price of Ordinary Shares subject to an Award. The grant
of an Award pursuant to the Plan shall not affect in any way the right or power of the Corporation to make adjustments, reclassifications,
reorganizations or changes of its capital or business structures, or to merge or consolidate, or to dissolve, liquidate, or sell or transfer
all or any part of its business or assets.

 

(j)  No
Rights as Shareholder - Non-Distributive Intent.

 

(1)  Neither
a Recipient of an Award nor such Recipient’s legal representative, heir, legatee or distributee, shall be deemed to be the holder
of, or to have any rights of a holder with respect to, any shares subject to such Award until after the Award is exercised and the shares
are issued.

 

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(2)  No
adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or distributions or
other rights for which the record date is prior to the date such stock certificate is issued, except as provided in Section 7(i) hereof.

 

(3)  Upon
exercise of an Award at a time when there is no registration statement in effect under the 1933 Act relating to the shares issuable upon
exercise, shares may be issued to the Recipient only if the Recipient represents and warrants in writing to the Corporation that the shares
purchased are being acquired for investment and not with a view to the distribution thereof and provides the Corporation with sufficient
information to establish an exemption from the registration requirements of the 1933 Act. A form of subscription agreement containing
representations and warranties deemed sufficient as of the date of adoption of this Plan is attached hereto as Exhibit B.

 

(4)  No
shares shall be issued upon the exercise of an Award unless and until there shall have been compliance with any then applicable requirements
of the U.S. Securities and Exchange Commission or any other regulatory agencies having jurisdiction over the Corporation.

 

8.             Agreement
by Recipient Regarding Withholding Taxes. Each Recipient agrees that the Corporation, to the extent permitted or required by law,
may deduct a sufficient number of shares due to the Recipient upon exercise of the Option to allow the Corporation to pay federal, provincial,
state and local taxes of any kind required by law to be withheld upon the exercise of such Option from any payment of any kind otherwise
due to the Recipient. The Corporation shall not be obligated to advise any Recipient of the existence of any tax or the amount which the
Corporation will be so required to withhold.

 

9.            Term
of Plan. Options may be granted under this US Incentive Plan from time to time within a period of ten years from the date the US Incentive
Plan is adopted by the Board.

 

10.           Amendment
and Termination of the Plan.

 

(a)(1)  Subject
to the policies, rules and regulations of any lawful authority having jurisdiction (including any exchange with which the shares
of the Corporation are listed for trading), the Board of Directors may at any time, without further action by the shareholders, amend
the US Incentive Plan or any Award granted hereunder in such respects as it may consider advisable and, without limiting the generality
of the foregoing, it may do so to ensure that Awards granted hereunder will comply with any provisions respecting stock options in the
income tax and other laws in force in any country or jurisdiction of which any Recipient may from time to time be a resident or citizen,
or it may at any time without action by shareholders terminate the Plan.

 

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(2)            provided,
however, that any amendment that would require shareholder approval under applicable state law, the rules and regulations of any
national securities exchange on which the Corporation’s securities then may be listed, the Code or any other applicable law, shall
be subject to the approval of the shareholders of the Corporation as provided in Section 10(b) hereof.

 

(3)            provided
further that any such increase or modification that may result from adjustments authorized by Section 7(j) hereof or which are
required for compliance with the 1934 Act, the Code, the Employee Retirement Income Security Act of 1974, their rules or other laws
or judicial order, shall not require such approval of the shareholders.

 

(b)            Except
as provided in Section 7, no suspension, termination, modification or amendment of the US Incentive Plan may adversely affect any
Award previously granted, unless the written consent of the Recipient is obtained.

 

11.            Termination
of Right of Action. Every right of action arising out of or in connection with the Plan by or on behalf of the Corporation or any
of its subsidiaries, or by any shareholder of the Corporation or any of its subsidiaries against any past, present or future member of
the Board, or against any employee, or by an employee (past, present or future) against the Corporation or any of its subsidiaries, will,
irrespective of the place where an action may be brought and irrespective of the place of residence of any such shareholder, director
or employee, cease and be barred by the expiration of three years from the date of the act or omission in respect of which such right
of action is alleged to have risen.

 

12.            Tax
Matters.

 

(a)  The Corporation shall
have the right, but not the obligation, to contest, at its expense, any tax ruling or decision, administrative or judicial, on any issue
which is related to the US Incentive Plan and which the Board believes to be important to holders of Options issued under the US Incentive
Plan and to conduct any such contest or any litigation arising therefrom to a final decision.

 

(b)  Neither the US Incentive
Plan nor any Award agreement is intended to provide for the deferral of compensation within the meaning of Section 409A of the Internal
Revenue Code (the “Code”). The Corporation reserves the right to unilaterally amend or modify the Plan or this Agreement,
to the extent the Corporation considers it necessary or advisable, in its sole discretion, to comply with, or to ensure that the Awards
granted hereunder are not subject to, Section 409A of the Code.

 

13.            Adoption.
This Us Incentive Plan was approved by resolution of the Board of Directors of the Corporation on July 26, 2021.

 

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14.            Governing
Law. This US Incentive Plan will be governed by the internal laws of the State of Delaware, without regard to rules regarding
conflicts of laws.

 

[End of Plan]

 

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Exhibit A

 

FORM OF STOCK OPTION AGREEMENT

 

This STOCK OPTION AGREEMENT
made as of this ___ day of ____________, ______, by and between Argo Blockchain PLC, a public limited company incorporated in England
and Wales (Company Number 11097258) (the “Corporation”), and ________________ (the “Recipient”).

 

In accordance with the Corporation’s
2021 U.S. Equity Incentive Plan (the “US Plan”), the provisions of which are incorporated herein by reference, the Corporation
desires, in connection with the services of the Recipient, to provide the Recipient with an opportunity to Ordinary Shares of the Corporation
(“Ordinary Shares”) on favorable terms and thereby increase the Recipient’s proprietary interest in the Corporation
and incentive to put forth maximum efforts for the success of the business of the Corporation. Capitalized terms used but not defined
herein are used as defined in the Plan.

 

NOW, THEREFORE, for good and
valuable consideration, the Corporation and the Recipient agree as follows:

 

1.     Confirmation
of Grant of Option. Pursuant to a determination of the Committee or, in the absence of a Committee, by the Board of Directors of the
Corporation made on ___________, _____ (the “Date of Grant”), the Corporation, subject to the terms of the Plan and of this
Agreement, confirms that the Recipient has been irrevocably granted on the Date of Grant, as a matter of separate inducement and agreement,
and in addition to and not in lieu of salary or other compensation for services, a Stock Option (the “Option”) exercisable
to purchase an aggregate of ______ Ordinary Shares on the terms and conditions herein set forth, subject to adjustment as provided in
Paragraph 9 hereof.

 

2.     Option
Price. The Option Price of the Ordinary Shares covered by the Option will be $_____ per share (the “Option Price”) subject
to adjustment as provided in Paragraph 8 hereof.

 

3.     Vesting
and Exercise of Option.

 

(a)            Except
as otherwise provided herein or in Section 7 of the US Plan, the Option shall vest and become exercisable as follows: [the first
twenty-five percent (25%) of the Ordinary Shares underlying the Option shall vest on the first anniversary of the Date of Grant, and thereafter,
the remaining Ordinary Shares underlying the Option shall vest in equal monthly installments over the following thirty-six (36) months];
provided, however, that no Option shall vest or become exercisable unless the Recipient has provided Continuous
Services to the Corporation or its affiliates from the Date of Grant through such vesting date. Only vested Options may be exercised.

 

     

     

    

 

(b)            The
Option may not be exercised at any one time as to fewer than 100 shares (or such number of shares as to which the Option is then exercisable
if such number of shares is less than 100).

 

(c)            The
Option may be exercised by written notice to the Secretary of the Corporation accompanied by: (i) payment in full of the Option Price
as provided in Section 7 of the US Plan; (ii) a joinder to the Corporation’s shareholder agreement, voting agreement,
or other similar agreement, if any or if applicable, then in effect; and (iii) execution of a subscription agreement in the form
approved by the Corporation, which may include a market stand off, a right of first refusal, and a right of first offer. A form of subscription
agreement containing terms deemed sufficient as of the date of adoption of the US Plan is attached as Exhibit B to the US
Plan.

 

 

4.     Accelerated
Vesting Upon Change of Control. Notwithstanding any other provision of this Agreement to the contrary, in the event of a Change of
Control (as that term is defined in the US Plan), the unvested portion of the Option shall immediately become vested.

 

5.     Term
of Option. The term of the Option will be through __________, ____, subject to earlier termination or cancellation as provided in
this Agreement. The holder of the Option will not have any rights to dividends or any other rights of a shareholder with respect to any
Ordinary Shares subject to the Option until such shares shall have been issued (as evidenced by the appropriate transfer agent of the
Corporation) upon purchase of such shares through exercise of the Option.

 

6.     Transferability
Restriction. The Option may not be assigned, transferred or otherwise disposed of, or pledged or hypothecated in any way (whether
by operation of law or otherwise) except in strict compliance with Section 7(h) of the US Plan. Any assignment, transfer, pledge,
hypothecation or other disposition of the Option or any attempt to make any levy of execution, attachment or other process will cause
the Option to terminate immediately upon the happening of any such event; provided, however, that any such termination of the Option under
the provisions of this Paragraph 6 will not prejudice any rights or remedies which the Corporation may have under this Agreement or otherwise.

 

7.     Exercise
Upon Termination. The Recipient’s rights to exercise this Option upon termination of employment or cessation of service as an
officer, director or consultant shall be as set forth in Section 7(f) of the US Plan.

 

8.     Death,
Disability or Retirement of Recipient. The exercisability of this Option upon the death, Disability or retirement of the Recipient
shall be as set forth in Section 7(g) of the US Plan.

 

9.     Adjustments.
The Option shall be subject to adjustment upon the occurrence of certain events as set forth in Section 7(i) of the Plan.

 

     

     

    

 

10.   No
Registration Obligation. The Recipient understands that the Option is not registered under the 1933 Act. The Recipient represents
that the Option is being acquired for the Recipient’s own account and the Ordinary Shares issued on exercise of the Option will
be acquired by the Recipient for investment.

 

11.   Notices.
Each notice relating to this Agreement will be in writing and delivered in person or by certified mail to the proper address. Notices
to the Corporation shall be addressed to the Corporation, attention: Chief Executive Officer, 50 Jermyn Street, 1st Floor,
London, SW1Y 6LX, United Kingdom, or at such other address as may constitute the Corporation’s principal place of business at the
time, with a copy to: Victoria B. Bantz, Esq., Burns, Figa & Will, P.C., 6400 S. Fiddlers Green Circle, Suite 1000,
Greenwood Village, Colorado 80111. Notices to the Recipient or other person or persons then entitled to exercise the Option shall be addressed
to the Recipient or such other person or persons at the Recipient’s address below specified. Anyone to whom a notice may be given
under this Agreement may designate a new address by notice to that effect given pursuant to this Paragraph 11.

 

12.   Approval
of Counsel. The exercise of the Option and the issuance and delivery of Ordinary Shares pursuant thereto shall be subject to approval
by the Corporation’s counsel of all legal matters in connection therewith, including compliance with the requirements of the 1933
Act, the Securities Exchange Act of 1934, as amended, applicable state and other securities laws, the rules and regulations thereunder,
and the requirements of any national securities exchange(s) upon which the Ordinary Shares then may be listed.

 

13.   No
Right to Continued Service. Neither the US Plan nor this Agreement shall confer upon the Recipient any right to be retained in any
position, as an employee, consultant or director of the Corporation. Further, nothing in the US Plan or this Agreement shall be construed
to limit the discretion of the Corporation to terminate the Recipient’s Continuous Service at any time, with or without cause.

 

14.   Benefits
of Agreement. This Agreement will inure to the benefit of and be binding upon each successor and assignee of the Corporation. All
obligations imposed upon the Recipient and all rights granted to the Corporation under this Agreement will be binding upon the Recipient’s
heirs, legal representatives and successors.

 

15.   Effect
of Governmental and Other Regulations. The exercise of the Option and the Corporation’s obligation to sell and deliver shares
upon the exercise of the Option are subject to all applicable federal and state laws, rules and regulations, and to such approvals
by any regulatory or governmental agency which may, in the opinion of counsel for the Corporation, be required.

 

16.   Plan
Governs. In the event that any provision in this Agreement conflicts with a provision in the US Plan, the provision of the US Plan
shall govern.

 

17.   Governing
Law. This Agreement will be governed by the internal laws of the State of Delaware without regard to rules regarding conflicts
of laws.

 

     

     

    

 

Executed in the name and on behalf of the Corporation
by one of its duly authorized officers and by the Recipient all as of the date first above written.

 

	 	ARGO BLOCKCHAIN PLC 
	 	 
	Date ______________, _______	By:	 
	 	Name:	 
	 	Title:	 

 

The undersigned Recipient
has read and understands the terms of this Option Agreement and the attached Plan and hereby agrees to comply therewith.

 

	Date ______________, _______ 	 
	 	Signature of Recipient

 

Tax ID Number: ___________________

 

Address: ________________________

 

                   ________________________

 

     

     

    

 

Exhibit B

 

SUBSCRIPTION AGREEMENT

 

THE ORDINARY SHARES BEING ACQUIRED BY THE UNDERSIGNED
HAVE NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933 OR ANY OTHER LAWS AND ARE OFFERED UNDER EXEMPTIONS FROM THE REGISTRATION
PROVISIONS OF SUCH LAWS. THESE ORDINARY SHARES CANNOT BE SOLD, TRANSFERRED, ASSIGNED OR OTHERWISE DISPOSED OF EXCEPT IN COMPLIANCE WITH
THE RESTRICTIONS ON TRANSFER CONTAINED IN THIS SUBSCRIPTION AGREEMENT AND APPLICABLE SECURITIES LAWS.

 

This Subscription Agreement
is entered for the purpose of the undersigned acquiring _____________ Ordinary Shares (the “Ordinary Shares”) of Argo Blockchain
PLC, a public limited company incorporated in England and Wales (Company Number 11097258) (the “Corporation”) from the Corporation
pursuant to exercise of an Award granted pursuant to the Corporation’s 2021 U.S. Equity Incentive Plan (the “US Plan”).
All capitalized terms not otherwise defined herein shall be as defined in the US Plan.

 

It is understood that no exercise
of any Award at a time when no registration statement relating thereto is effective under the U.S. Securities Act of 1933, as amended
(the “1933 Act”) can be completed until the undersigned executes this Subscription Agreement and delivers it to the Corporation,
and that such grant or exercise is effective only in accordance with the terms of the US Plan and this Subscription Agreement.

 

In connection with the undersigned’s
acquisition of the Ordinary Shares, the undersigned represents and warrants to the Corporation as follows:

 

1.            The
undersigned has been provided with, and has reviewed the Plan, and such other information as the undersigned may have requested of the
Corporation regarding its business, operations, management, and financial condition (collectively, the “Available Information”).

 

2.            The
Corporation has given the undersigned the opportunity to ask questions of and to receive answers from persons acting on the Corporation’s
behalf concerning the terms and conditions of this transaction and the opportunity to obtain any additional information regarding the
Corporation, its business and financial condition or to verify the accuracy of the Available Information which the Corporation possesses
or can acquire without unreasonable effort or expense.

 

3.            The
Ordinary Shares are being acquired by the undersigned for the undersigned’s own account and not on behalf of any other person or
entity.

 

4.            The
undersigned understands that the Ordinary Shares being acquired hereby have not been registered under the 1933 Act or any state or foreign
securities laws, and are, and unless registered will continue to be, restricted securities within the meaning of Rule 144 of the
General Rules and Regulations under the 1933 Act and other statutes, and the undersigned consents to the placement of appropriate
restrictive legends on any certificates evidencing the Ordinary Shares and any certificates issued in replacement or exchange therefor
and acknowledges that the Corporation will cause its stock transfer records to note such restrictions.

 

     

     

    

 

5.            By
the undersigned’s execution below, it is acknowledged and understood that the Corporation is relying upon the accuracy and completeness
hereof in complying with certain obligations under applicable securities laws.

 

6.            This
Agreement binds and inures to the benefit of the representatives, successors and permitted assigns of the respective parties hereto.

 

7.            The
undersigned acknowledges that the exercise of any Award and the issuance and delivery of Ordinary Shares pursuant thereto shall be subject
to prior approval by the Corporation’s counsel of all legal matters in connection therewith, including compliance with the requirements
of the 1933 Act and other applicable securities laws, the rules and regulations thereunder, and the requirements of any national
securities exchange(s) upon which the Ordinary Shares then may be listed.

 

8.            The
undersigned acknowledges and agrees that the Corporation has [withheld ___/not withheld] shares for the payment of taxes as a result of
the exercise of an Award.

 

9.            The
US Plan is incorporated herein by reference. In the event that any provision in this Agreement conflicts with ANY provision in the US
Plan, the provisions of the US Plan shall govern.

 

	Date: ______________, ______	 
	 	Signature of Recipient

 

	 	Tax ID Number:	 

 

	 	Address:EX-4.1

 Exhibit 4.1 

iCIMS HOLDING CORP. 

REGISTRATION RIGHTS AGREEMENT 

THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is made as of [•], 2021 among iCIMS Holding
Corp., a Delaware corporation (the “Company”), each of the investors listed on the signature pages hereto under the caption “Sponsor Investors” (collectively, the “Sponsor Investors”), each Person listed
on the signature pages under the caption “Other Investors” or who executes a Joinder as an “Other Investor” (collectively, the “Other Investors”) and each of the executives who executes a Joinder as an
“Executive” (collectively, the “Executives”). Except as otherwise specified herein, all capitalized terms used in this Agreement are defined in Exhibit A attached hereto. 

In consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties to this Agreement hereby agree as follows: 
 Section 1 Demand Registrations. 

(a) Requests for Registration. At any time and from time to time, the Sponsor Investors may request registration under the Securities
Act of all or any portion of their Registrable Securities on Form S-1 or any similar long-form registration statement (“Long-Form Registrations”) or on
Form S-3 or any similar short-form registration statement (“Short-Form Registrations”), if available (any such requested registration, a “Demand Registration”). The
Sponsor Investors may request that any Demand Registration be made pursuant to Rule 415 under the Securities Act (a “Shelf Registration”) and (if the Company is a WKSI at the time any such request is submitted to the Company or will
become one by the time of the filing of such Shelf Registration) that such Shelf Registration be an automatic shelf registration statement (as defined in Rule 405 under the Securities Act) (an “Automatic Shelf Registration
Statement”). Each request for a Demand Registration must specify the approximate number or dollar value of Registrable Securities requested to be registered by the requesting Holders and (if known) the intended method of distribution. The
Sponsor Investors will be entitled to request an unlimited number of Demand Registrations. The Company will pay all Registration Expenses, whether or not any such registration is consummated. 

(b) Notice to Other Investors. Within four (4) Business Days after receipt of any such request, the Company will give written
notice of the Demand Registration to all other Holders and, subject to the terms of Section 1(e), will include in such Demand Registration (and in all related registrations and qualifications under state blue sky laws and
in any related underwriting) all Registrable Securities with respect to which the Company has received written requests for inclusion therein within ten (10) days after the receipt of the Company’s notice; provided that, with the
written consent of the Sponsor Investor, the Company may, or at the written request of the Sponsor Investors, the Company shall, instead provide notice of the Demand Registration to all Other Investors within three (3) Business Days following
the non-confidential filing of the registration statement with respect to the Demand Registration so long as such registration statement is not an Automatic Shelf Registration Statement. 

(c) Form of Registrations. All Long-Form Registrations will be underwritten registrations unless
otherwise approved by the Sponsor Investor. Demand Registrations will be Short-Form Registrations whenever the Company is permitted to use any applicable short form unless otherwise requested by the Sponsor Investor. 

 (d) Shelf Registrations. 

(i) For so long as a registration statement for a Shelf Registration (a “Shelf Registration Statement”) is and
remains effective, the Sponsor Investors will have the right at any time or from time to time to elect to sell pursuant to an offering (including an underwritten offering Registrable Securities available for sale pursuant to such registration
statement (“Shelf Registrable Securities”). If the Sponsor Investors desire to sell Registrable Securities pursuant to an underwritten offering, then the Sponsor Investors may deliver to the Company a written notice (a
“Shelf Offering Notice”) specifying the number of Shelf Registrable Securities that the Sponsor Investors desire to sell pursuant to such underwritten offering (the “Shelf Offering”). As promptly as practicable, but
in no event later than two (2) Business Days after receipt of a Shelf Offering Notice, the Company will give written notice of such Shelf Offering Notice to all other Holders of Shelf Registrable Securities that have been identified as selling
stockholders in such Shelf Registration Statement and are otherwise permitted to sell in such Shelf Offering, which such notice shall request that each such Holder specify, within seven (7) days after the Company’s receipt of the Shelf
Offering Notice, the maximum number of Shelf Registrable Securities such Holder desires to be disposed of in such Shelf Offering. The Company, subject to Section 1(e) and Section 7, will include in
such Shelf Offering all Shelf Registrable Securities with respect to which the Company has received timely written requests for inclusion. The Company will, as expeditiously as possible (and in any event within fourteen (14) days after the
receipt of a Shelf Offering Notice), but subject to Section 1(e), use its best efforts to consummate such Shelf Offering. 

(ii) If the Sponsor Investors desire to engage in an underwritten block trade or bought deal pursuant to a Shelf Registration
Statement (either through filing an Automatic Shelf Registration Statement or through a take-down from an already existing Shelf Registration Statement) (each, an “Underwritten Block Trade”), then notwithstanding the time periods
set forth in Section 1(d)(i), the Sponsor Investors may notify the Company of the Underwritten Block Trade not less than two (2) Business Days prior to the day such offering is first anticipated to commence. If
requested by the Sponsor Investors, the Company will promptly notify other Holders of such Underwritten Block Trade and such notified Holders (each, a “Potential Participant”) may elect whether or not to participate no later than
the next Business Day (i.e. one (1) Business Day prior to the day such offering is to commence) (unless a longer period is agreed to by the Sponsor Investors), and the Company will as expeditiously as possible use its best efforts to
facilitate such Underwritten Block Trade (which may close as early as two (2) Business Days after the date it commences); provided further that, notwithstanding the provisions of Section 1(d)(i), no
Holder (other than Holders of Sponsor Investor Registrable Securities) will be permitted to participate in an Underwritten Block Trade without the written consent of the Sponsor Investor. Any Potential Participant’s request to participate in an
Underwritten Block Trade shall be binding on the Potential Participant. 
 (iii) All determinations as to whether to complete
any Shelf Offering and as to the timing, manner, price and other terms of any Shelf Offering contemplated by this Section 1(d) shall be determined by the Sponsor Investors, and the Company shall use its best efforts to
cause any Shelf Offering to occur in accordance with such determinations as promptly as practicable. 
 (iv) The Company
will, at the request of the Sponsor Investors, file any prospectus supplement or any post-effective amendments and otherwise take any action necessary to include therein all disclosure and language deemed necessary or advisable by the Sponsor
Investors to effect such Shelf Offering. 
 (e) Priority on Demand Registrations and Shelf Offerings. The Company will not include in
any Demand Registration any securities which are not Registrable Securities without the prior written consent of the Sponsor Investors. If a Demand Registration or a Shelf Offering is an underwritten offering and the managing underwriters advise the
Company in writing that in their opinion the number of Registrable Securities and (if permitted hereunder) other securities requested to be included in such offering 

  
 -2- 

 
exceeds the number of Registrable Securities and other securities (if any), which can be sold therein without adversely affecting the marketability, proposed offering price, timing or method of
distribution of the offering, then the Company will include in such offering (prior to the inclusion of any securities which are not Registrable Securities); (i) first, the number of Sponsor Investor Registrable Securities and Other
Registrable Securities requested to be included which, in the opinion of such underwriters, can be sold, without any such adverse effect, pro rata among the respective Participating Sponsor Investors and Other Investors on the basis of the number of
Sponsor Investor Registrable Securities and Other Registrable Securities owned by each such Participating Sponsor Investor and Other Investor, as applicable; and (ii) second, the number of Registrable Securities requested to be included
by any other Holders which, in the opinion of such underwriters, can be sold, without any such adverse effect, pro rata among such Holders on the basis of the number of Registrable Securities owned by each such Holder. Notwithstanding anything to
the contrary herein, if any Holders of Executive Registrable Securities have requested to include such securities in an underwritten offering and the managing underwriters for such offering advise the Company that in their opinion the inclusion of
some or all of such Executive Registrable Securities could adversely affect the marketability, proposed offering price, timing and/or method of distribution of the offering, then the Company shall exclude from such offering the number of such
Executive Registrable Securities identified by the managing underwriters as having any such adverse effect prior to the exclusion of any Registrable Securities of any other Holders as set forth in this Section 1(e), which,
for the avoidance of doubt, may be all such Executive Registrable Securities requested to be included such offering.1  

(f) Restrictions on Demand Registration and Shelf Offerings. 

(i) The Company may postpone, for up to 60 days (or with the consent of the Sponsor Investors, a longer period) from the date
of the request (the “Suspension Period”), the filing or the effectiveness of a registration statement for a Demand Registration or suspend the use of a prospectus that is part of a Shelf Registration Statement (and therefore
suspend sales of the Shelf Registrable Securities) by providing written notice to the Holders if the following conditions are met: (A) the Company determines that the offer or sale of Registrable Securities would reasonably be expected
to have a material adverse effect on any proposal or plan by the Company or any Subsidiary to engage in any material acquisition of assets or stock (other than in the ordinary course of business) or any material merger, consolidation, tender offer,
recapitalization, reorganization, financing or other transaction involving the Company and (B) upon advice of counsel, the sale of Registrable Securities pursuant to the registration statement would require disclosure of material non-public information not otherwise required to be disclosed under applicable law, and either (x) the Company has a bona fide business purpose for preserving the confidentiality of such transaction,
(y) disclosure would have a material adverse effect on the Company or the Company’s ability to consummate such transaction, or (z) such transaction renders the Company unable to comply with SEC requirements, in each case under
circumstances that would make it impractical or inadvisable to cause the registration statement (or such filings) to become effective or to promptly amend or supplement the registration statement on a post effective basis, as applicable. The Company
may delay or suspend the effectiveness of a Demand Registration or Shelf Registration Statement pursuant to this Section 1(f)(i) only once in any twelve (12)-month period (for avoidance of doubt, in addition to the
Company’s rights and obligations under Section 4(a)(vi)) unless additional delays or suspensions are approved by the Sponsor Investors. 

  
 -3- 

 (ii) In the case of an event that causes the Company to suspend the use of a
Shelf Registration Statement as set forth in Section 1(f)(i) above or pursuant to Section 4(a)(vi) (a “Suspension Event”), the Company will give a notice to the Holders
whose Registrable Securities are registered pursuant to such Shelf Registration Statement (a “Suspension Notice”) to suspend sales of the Registrable Securities and such notice must state generally the basis for the notice and that
such suspension will continue only for so long as the Suspension Event or its effect is continuing. Each Holder agrees not to effect any sales of its Registrable Securities pursuant to such Shelf Registration Statement (or such filings) at any time
after it has received a Suspension Notice from the Company and prior to receipt of an End of Suspension Notice. A Holder may recommence effecting sales of the Registrable Securities pursuant to the Shelf Registration Statement (or such filings)
following further written notice to such effect (an “End of Suspension Notice”) from the Company, which End of Suspension Notice will be given by the Company to the Holders promptly following the conclusion of any Suspension Event
(and in any event during the permitted Suspension Period). 
 (g) Selection of Underwriters. The legal counsel to the Company, the
investment banker(s) and manager(s) to administer any underwritten offering in connection with any Demand Registration or Shelf Offering shall be selected by the Sponsor Investors. 

(h) Other Registration Rights. Except as provided in this Agreement, the Company will not grant to any Person(s) the right to request
the Company or any Subsidiary to register any equity securities of the Company or any Subsidiary, or any securities convertible or exchangeable into or exercisable for such securities, without the prior written consent of the Sponsor Investors;
provided that, with the prior approval of the Sponsor Investors, the Company may grant rights to employees of the Company and its Subsidiaries to participate in Piggyback Registrations so long as they sign a Joinder as an
“Executive” and Holder of “Executive Registrable Securities” hereunder. 
 (i) Revocation of Demand Notice or Shelf
Offering Notice. At any time prior to the effective date of the registration statement relating to a Demand Registration or the “pricing” of any offering relating to a Shelf Offering Notice, the Sponsor Investors who initiated
such Demand Registration or Shelf Offering may revoke or withdraw such notice of a Demand Registration or Shelf Offering Notice on behalf of all Holders participating in such Demand Registration or Shelf Offering without liability to such Holders
(including, for the avoidance of doubt, the other Participating Sponsor Investors), in each case by providing written notice to the Company. 

(j) Confidentiality. Each Holder agrees to treat as confidential the receipt of any notice hereunder (including notice of a Demand
Registration, a Shelf Offering Notice and a Suspension Notice) and the information contained therein, and not to disclose or use the information contained in any such notice (or the existence thereof) without the prior written consent of the Company
until such time as the information contained therein is or becomes available to the public generally (other than as a result of disclosure by such Holder in breach of the terms of this Agreement). 

Section 2 Piggyback Registrations. 

(a) Right to Piggyback. Whenever the Company proposes to register any of its equity securities under the Securities Act (including
primary and secondary registrations, and other than pursuant to an Excluded Registration) (a “Piggyback Registration”), the Company will give prompt written notice (and in any event within three (3) Business Days
after the public filing of the registration statement relating to the Piggyback Registration) to all Holders of its intention to effect such Piggyback Registration and, subject to the terms of Section 2(b) and
Section 2(c), will include in such Piggyback Registration (and in all related registrations or qualifications under blue sky laws and in any related underwriting) all Registrable Securities with respect to which the Company
has received written requests for inclusion therein within ten (10) days after delivery of the Company’s notice. Any Participating Sponsor Investor may withdraw its request for inclusion at any time prior to executing the
underwriting agreement, or if none, prior to the applicable registration statement becoming effective. 

  
 -4- 

 (b) Priority on Primary Registrations. If a Piggyback Registration is an underwritten
primary registration on behalf of the Company, and the managing underwriters advise the Company in writing that in their opinion the number of securities requested to be included in such registration exceeds the number which can be sold in such
offering without adversely affecting the marketability, proposed offering price, timing or method of distribution of the offering, the Company will include in such registration (i) first, the securities the Company proposes to sell;
(ii) second, the Sponsor Investor Registrable Securities and Other Registrable Securities requested to be included in such registration which, in the opinion of the underwriters, can be sold without any such adverse effect, pro rata
among the Participating Sponsor Investors and Other Investors on the basis of the number of Sponsor Investor Registrable Securities and Other Registrable Securities owned by each such Participating Sponsor Investor and Other Investor, as applicable;
(iii) third, any other Registrable Securities requested to be included in such registration by any other Holder which, in the opinion of the underwriters, can be sold without any such adverse effect, pro rata among such Holders on the
basis of the number of Registrable Securities owned by each such Holder, and (iv) fourth, other securities requested to be included in such registration which, in the opinion of the underwriters, can be sold without any such adverse
effect. Notwithstanding anything to the contrary herein, if any Holders of Executive Registrable Securities have requested to include such securities in a Piggyback Registration that is an underwritten primary offering on behalf of the Company and
the managing underwriters for such offering advise the Company in writing that in their opinion the inclusion of some or all of such Executive Registrable Securities could adversely affect the marketability, proposed offering price, timing and/or
method of distribution of the offering, the Company shall first exclude from such offering the number (which may be all) of such Executive Registrable Securities identified by the managing underwriters as having any such adverse effect prior to the
exclusion of any securities in such offering. 
 (c) Priority on Secondary Registrations. If a Piggyback Registration is an
underwritten secondary registration on behalf of holders of the Company’s equity securities (other than pursuant to Section 1 hereof), and the managing underwriters advise the Company in writing that in their opinion the number of
securities requested to be included in such registration exceeds the number which can be sold in such offering without adversely affecting the marketability, proposed offering price, timing or method of distribution of the offering, the Company will
include in such registration (i) first, the securities requested to be included therein by the holders initially requesting such registration which, in the opinion of the underwriters, can be sold without any such adverse effect,
(ii) second, the Sponsor Investor Registrable Securities and the Other Registrable Securities requested to be included in such registration, pro rata among the Participating Sponsor Investors and Other Investors holding such Sponsor
Investor Registrable Securities and Other Registrable Securities on the basis of the number of Sponsor Investor Registrable Securities and Other Registrable Securities owned by each such Participating Sponsor Investor and Other Investor, as
applicable, which, in the opinion of the underwriters, can be sold without any such adverse effect, (iii) third, any other Registrable Securities requested to be included in such registration by any other Holder, pro rata among such
Holders on the basis of the number of Registrable Securities owned by each such Holder which, in the opinion of the underwriters, can be sold without any such adverse effect, and (iv) fourth, other securities requested to be included in
such registration which, in the opinion of the underwriters, can be sold without any such adverse effect. Notwithstanding anything to the contrary herein, if any Holders of Executive Registrable Securities have requested to include such securities
in a Piggyback Registration that is an underwritten secondary offering and the managing underwriters for such offering advise the Company in writing that in their opinion the inclusion of some or all of such Executive Registrable Securities could
adversely affect the marketability, proposed offering price, timing or method of distribution of the offering, the Company shall be permitted to first exclude from such offering the number (which may be all) of such Executive Registrable Securities
identified by the managing underwriters as having any such adverse effect prior to the exclusion of any securities in such offering. 

  
 -5- 

 (d) Right to Terminate Registration. The Company will have the right to terminate or
withdraw any registration initiated by it under this Section 2, whether or not any holder of Registrable Securities has elected to include securities in such registration. 

(e) Selection of Underwriters. If any Piggyback Registration is an underwritten offering, the legal counsel for the Company, the
investment banker(s) and manager(s) for the offering shall be selected by the Sponsor Investors. 
 Section 3 Stockholder Lock-Up Agreements and Company Holdback Agreement. 
 (a) Stockholder Lock-up Agreements. In connection with any underwritten Public Offering, each Holder will enter into any lock-up, holdback or similar agreements requested by the
underwriter(s) managing such offering, in each case with such modifications and exceptions as may be approved by the Sponsor Investors. Without limiting the generality of the foregoing, each Holder hereby agrees that in connection with the initial
Public Offering and in connection with any Demand Registration, Shelf Offering or Piggyback Registration that is an underwritten Public Offering, not to (i) offer, sell, contract to sell, pledge or otherwise dispose of (including sales pursuant
to Rule 144), directly or indirectly, any equity securities of the Company (including equity securities of the Company that may be deemed to be beneficially owned by such Holder in accordance with the rules and regulations of the SEC) (collectively,
“Securities”), or any securities, options or rights convertible into or exchangeable or exercisable for Securities (collectively, “Other Securities”), (ii) enter into a transaction which would have the same effect
as described in clause (i) above, (iii) enter into any swap, hedge or other arrangement that transfers, in whole or in part, any of the economic consequences or ownership of any Securities or Other Securities, whether such transaction is to be
settled by delivery of such Securities or Other Securities, in cash or otherwise (each of (i), (ii) and (iii) above, a “Sale Transaction”), or (iv) publicly disclose the intention to enter into any Sale Transaction,
commencing on the date on which the Company gives notice to the Holders that a preliminary prospectus has been circulated for such underwritten Public Offering or the “pricing” of such offering and continuing to the date that is (x) 180
days following the date of the final prospectus for such underwritten Public Offering in the case of the initial Public Offering or (y) 90 days following the date of the final prospectus in the case of any other such underwritten Public
Offering (each such period, or such shorter period as agreed to by the managing underwriters, a “Holdback Period”), in each case with such modifications and exceptions as may be approved by the Sponsor Investors. The Company may
impose stop-transfer instructions with respect to any Securities or Other Securities subject to the restrictions set forth in this Section 3(a) until the end of such Holdback Period. 

(b) Company Holdback Agreement. The Company (i) will not file any registration statement for a Public Offering or cause any such
registration statement to become effective, or effect any public sale or distribution of its Securities or Other Securities during any Holdback Period (other than as part of such underwritten Public Offering, or a registration on Form S-4 or Form S-8 or any successor or similar form which is (x) then in effect or (y) shall become effective upon the conversion, exchange or exercise of any then
outstanding Other Securities) and (ii) will cause each holder of Securities and Other Securities (including each of its directors and executive officers) to agree not to effect any Sale Transaction during any Holdback Period, except as part of
such underwritten registration (if otherwise permitted), unless approved in writing by the Sponsor Investors and the underwriters managing the Public Offering and to enter into any lock-up, holdback or similar
agreements requested by the underwriter(s) managing such offering, in each case with such modifications and exceptions as may be approved by the Sponsor Investors. 

  
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 Section 4 Registration Procedures. 

(a) Company Obligations. Whenever the Holders have requested that any Registrable Securities be registered pursuant to this Agreement or
have initiated a Shelf Offering, the Company will use its best efforts to effect the registration and the sale of such Registrable Securities in accordance with the intended method of disposition thereof, and pursuant thereto the Company will as
expeditiously as possible: 
 (i) prepare and file with (or submit confidentially to) the SEC a registration statement, and
all amendments and supplements thereto and related prospectuses, with respect to such Registrable Securities and use its best efforts to cause such registration statement to become effective, all in accordance with the Securities Act and all
applicable rules and regulations promulgated thereunder (provided that before filing or confidentially submitting a registration statement or prospectus or any amendments or supplements thereto, the Company will furnish to the counsel selected by
the Sponsor Investors covered by such registration statement copies of all such documents proposed to be filed or submitted, which documents will be subject to the review and comment of such counsel); 

(ii) notify each Holder of (A) the issuance by the SEC of any stop order suspending the effectiveness of any registration
statement or the initiation of any proceedings for that purpose, (B) the receipt by the Company or its counsel of any notification with respect to the suspension of the qualification of the Registrable Securities for sale in any jurisdiction or
the initiation or threatening of any proceeding for such purpose, and (C) the effectiveness of each registration statement filed hereunder; 

(iii) prepare and file with the SEC such amendments and supplements to such registration statement and the prospectus used in
connection therewith as may be necessary to keep such registration statement effective for a period ending when all of the securities covered by such registration statement have been disposed of in accordance with the intended methods of
distribution by the sellers thereof set forth in such registration statement (but not in any event before the expiration of any longer period required under the Securities Act or, if such registration statement relates to an underwritten Public
Offering, such longer period as in the opinion of counsel for the underwriters a prospectus is required by law to be delivered in connection with sale of Registrable Securities by an underwriter or dealer) and comply with the provisions of the
Securities Act with respect to the disposition of all securities covered by such registration statement during such period in accordance with the intended methods of disposition by the sellers thereof set forth in such registration statement; 

(iv) furnish, without charge, to each seller of Registrable Securities thereunder and each underwriter, if any, such number of
copies of such registration statement, each amendment and supplement thereto, the prospectus included in such registration statement (including each preliminary prospectus) (in each case including all exhibits and documents incorporated by reference
therein), each amendment and supplement thereto, each Free Writing Prospectus and such other documents as such seller or underwriter, if any, may reasonably request in order to facilitate the disposition of the Registrable Securities owned by such
seller (the Company hereby consenting to the use in accordance with all applicable laws of each such registration statement, each such amendment and supplement thereto, and each such prospectus (or preliminary prospectus or supplement thereto) or
Free Writing Prospectus by each such seller of Registrable Securities and the underwriters, if any, in connection with the offering and sale of the Registrable Securities covered by such registration statement or prospectus); 

  
 -7- 

 (v) use its best efforts to register or qualify such Registrable Securities
under such other securities or blue sky laws of such jurisdictions as any seller reasonably requests and do any and all other acts and things which may be reasonably necessary or advisable to enable such seller to consummate the disposition in such
jurisdictions of the Registrable Securities owned by such seller (provided that the Company will not be required to (A) qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify but for this
subparagraph or (B) consent to general service of process in any such jurisdiction or (C) subject itself to taxation in any such jurisdiction); 

(vi) notify in writing each seller of such Registrable Securities (A) promptly after it receives notice thereof, of the
date and time when such registration statement and each post-effective amendment thereto has become effective or a prospectus or supplement to any prospectus relating to a registration statement has been filed and when any registration or
qualification has become effective under a state securities or blue sky law or any exemption thereunder has been obtained, (B) promptly after receipt thereof, of any request by the SEC for the amendment or supplementing of such registration
statement or prospectus or for additional information, and (C) at any time when a prospectus relating thereto is required to be delivered under the Securities Act, of the happening of any event or of any information or circumstances as a result
of which the prospectus included in such registration statement contains an untrue statement of a material fact or omits any fact necessary to make the statements therein not misleading, and, subject to Section 1(f), if
required by applicable law or to the extent requested by the Sponsor Investor, the Company will use its best efforts to promptly prepare and file a supplement or amendment to such prospectus so that, as thereafter delivered to the purchasers of such
Registrable Securities, such prospectus will not contain an untrue statement of a material fact or omit to state any fact necessary to make the statements therein not misleading and (D) if at any time the representations and warranties of the
Company in any underwriting agreement, securities sale agreement, or other similar agreement, relating to the offering shall cease to be true and correct; 

(vii) (A) use best efforts to cause all such Registrable Securities to be listed on each securities exchange on which
similar securities issued by the Company are then listed and, if not so listed, to be listed on a securities exchange and, without limiting the generality of the foregoing, to arrange for at least two market markers to register as such with respect
to such Registrable Securities with FINRA, and (B) comply (and continue to comply) with the requirements of any self-regulatory organization applicable to the Company, including without limitation all corporate governance requirements; 

(viii) use best efforts to provide a transfer agent and registrar for all such Registrable Securities not later than the
effective date of such registration statement; 
 (ix) enter into and perform such customary agreements (including, as
applicable, underwriting agreements in customary form) and take all such other actions as the Sponsor Investors or the underwriters, if any, reasonably request in order to expedite or facilitate the disposition of such Registrable Securities
(including, without limitation, making available the executive officers of the Company and participating in “road shows,” investor presentations, marketing events and other selling efforts and effecting a stock or unit split or
combination, recapitalization or reorganization); 
 (x) make available for inspection by any seller of Registrable
Securities, any underwriter participating in any disposition or sale pursuant to such registration statement and any attorney, accountant or other agent retained by any such seller or underwriter, all financial and other records, pertinent corporate
and business documents and properties of the Company as will be 

  
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necessary to enable them to exercise their due diligence responsibility, and cause the Company’s officers, directors, employees, agents, representatives and independent accountants to supply
all information reasonably requested by any such seller, underwriter, attorney, accountant or agent in connection with such registration statement and the disposition of such Registrable Securities pursuant thereto; 

(xi) take all actions to ensure that any Free-Writing Prospectus utilized in connection with any Demand Registration or
Piggyback Registration or Shelf Offering hereunder complies in all material respects with the Securities Act, is filed in accordance with the Securities Act to the extent required thereby, is retained in accordance with the Securities Act to the
extent required thereby and, when taken together with the related prospectus, prospectus supplement and related documents, will not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements
therein, in light of the circumstances under which they were made, not misleading; 
 (xii) otherwise use its best efforts to
comply with all applicable rules and regulations of the SEC, and make available to its security holders, as soon as reasonably practicable, an earnings statement covering the period of at least twelve (12) months beginning with the first day of
the Company’s first full calendar quarter after the effective date of the registration statement, which earnings statement will satisfy the provisions of Section 11(a) of the Securities Act and Rule 158 thereunder; 

(xiii) permit any Holder which, in its sole and exclusive judgment, might be deemed to be an underwriter or a controlling
person of the Company, to participate in the preparation of such registration or comparable statement and to allow such Holder to provide language for insertion therein, in form and substance satisfactory to the Company, which in the reasonable
judgment of such Holder and its counsel should be included; 
 (xiv) use best efforts to (A) make Short-Form
Registration available for the sale of Registrable Securities and (B) prevent the issuance of any stop order suspending the effectiveness of a registration statement, or the issuance of any order suspending or preventing the use of any related
prospectus or suspending the qualification of any Common Equity included in such registration statement for sale in any jurisdiction use, and in the event any such order is issued, best efforts to obtain promptly the withdrawal of such order; 

(xv) use its reasonable best efforts to cause such Registrable Securities covered by such registration statement to be
registered with or approved by such other governmental agencies or authorities as may be necessary to enable the sellers thereof to consummate the disposition of such Registrable Securities; 

(xvi) cooperate with the Holders covered by the registration statement and the managing underwriter or agent, if any, to
facilitate the timely preparation and delivery of certificates (not bearing any restrictive legends) representing securities to be sold under the registration statement, or the removal of any restrictive legends associated with any account at which
such securities are held, and enable such securities to be in such denominations and registered in such names as the managing underwriter, or agent, if any, or such Holders may request; 

(xvii) if requested by any managing underwriter, include in any prospectus or prospectus supplement updated financial or
business information for the Company’s most recent period or current quarterly period (including estimated results or ranges of results) if required for purposes of marketing the offering in the view of the managing underwriter; 

  
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 (xviii) take no direct or indirect action prohibited by Regulation M under
the Exchange Act; provided, however, that to the extent that any prohibition is applicable to the Company, the Company will take such action as is necessary to make any such prohibition inapplicable; 

(xix) cooperate with each Holder covered by the registration statement and each underwriter or agent participating in the
disposition of such Registrable Securities and their respective counsel in connection with the preparation and filing of applications, notices, registrations and responses to requests for additional information with FINRA, the New York Stock
Exchange, Nasdaq or any other national securities exchange on which the shares of Common Equity are or are to be listed, and (B) to the extent required by the rules and regulations of FINRA, retain a Qualified Independent Underwriter acceptable
to the managing underwriter; 
 (xx) in the case of any underwritten offering, use its best efforts to obtain, and
deliver to the underwriter(s), in the manner and to the extent provided for in the applicable underwriting agreement, one or more cold comfort letters from the Company’s independent public accountants in customary form and covering such matters
of the type customarily covered by cold comfort letters; 
 (xxi) use its best efforts to provide (A) a legal opinion of
the Company’s outside counsel, dated the effective date of such registration statement addressed to the Company, (B) on the date that such Registrable Securities are delivered to the underwriters for sale in connection with a Demand
Registration or Shelf Offering, if such securities are being sold through underwriters, or, if such securities are not being sold through underwriters, on the closing date of the applicable sale, (1) one or more legal opinions of the
Company’s outside counsel, dated such date, in form and substance as customarily given to underwriters in an underwritten public offering or, in the case of a non-underwritten offering, to the broker,
placement agent or other agent of the Holders assisting in the sale of the Registrable Securities and (2) one or more “negative assurances letters” of the Company’s outside counsel, dated such date, in form and substance as is
customarily given to underwriters in an underwritten public offering or, in the case of a non-underwritten offering, to the broker, placement agent or other agent of the Holders assisting in the sale of the
Registrable Securities, in each case, addressed to the underwriters, if any, or, if requested, in the case of a non-underwritten offering, to the broker, placement agent or other agent of the Holders assisting
in the sale of the Registrable Securities and (3) customary certificates executed by authorized officers of the Company as may be requested by any Holder or any underwriter of such Registrable Securities; 

(xxii) if the Company files an Automatic Shelf Registration Statement covering any Registrable Securities, use its best efforts
to remain a WKSI (and not become an ineligible issuer (as defined in Rule 405 under the Securities Act)) during the period during which such Automatic Shelf Registration Statement is required to remain effective; 

(xxiii) if the Company does not pay the filing fee covering the Registrable Securities at the time an Automatic Shelf
Registration Statement is filed, pay such fee at such time or times as the Registrable Securities are to be sold; 

  
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 (xxiv) if the Automatic Shelf Registration Statement has been outstanding
for at least three (3) years, at the end of the third year, refile a new Automatic Shelf Registration Statement covering the Registrable Securities, and, if at any time when the Company is required to
re-evaluate its WKSI status the Company determines that it is not a WKSI, use its best efforts to refile the Shelf Registration Statement on Form S-3 and, if such form
is not available, Form S-1 and keep such registration statement effective during the period during which such registration statement is required to be kept effective; and 

(xxv) if requested by any Participating Sponsor Investor, cooperate with such Participating Sponsor Investor and with the
managing underwriter or agent, if any, on reasonable notice to facilitate any Charitable Gifting Event and to prepare and file with the SEC such amendments and supplements to such Registration Statement and the Prospectus used in connection
therewith as may be necessary to permit any such recipient Charitable Organization to sell in the underwritten offering if it so elects. 

(b) Officer Obligations. Each Holder that is an officer of the Company agrees that if and for so long as he or she is employed by the
Company or any Subsidiary thereof, he or she will participate fully in the sale process in a manner customary for persons in like positions and consistent with his or her other duties with the Company, including the preparation of the registration
statement and the preparation and presentation of any road shows. 
 (c) Automatic Shelf Registration Statements. If the Company files
any Automatic Shelf Registration Statement for the benefit of the holders of any of its securities other than the Holders, and the Sponsor Investors do not request that their Registrable Securities be included in such Shelf Registration Statement,
the Company agrees that, at the request of the Sponsor Investors, it will include in such Automatic Shelf Registration Statement such disclosures as may be required by Rule 430B in order to ensure that the Sponsor Investors may be added to such
Shelf Registration Statement at a later time through the filing of a prospectus supplement rather than a post-effective amendment. If the Company has filed any Automatic Shelf Registration Statement for the benefit of the holders of any of its
securities other than the Holders, the Company shall, at the request of the Sponsor Investors, file any post-effective amendments necessary to include therein all disclosure and language necessary to ensure that the holders of Registrable Securities
may be added to such Shelf Registration Statement. 
 (d) Additional Information. The Company may require each seller of Registrable
Securities as to which any registration is being effected to furnish the Company such information regarding such seller and the distribution of such securities as the Company may from time to time reasonably request in writing, as a condition to
such seller’s participation in such registration. 
 (e) In-Kind Distributions. If any
Sponsor Investor (and/or any of their Affiliates) seeks to effectuate an in-kind distribution of all or part of their Registrable Securities to their respective direct or indirect equityholders, the Company
will, subject to any applicable lock-ups, work with the foregoing Persons to facilitate such in-kind distribution in the manner reasonably requested and consistent with
the Company’s obligations under the Securities Act. 
 (f) Suspended Distributions. Each Person participating in a
registration hereunder agrees that, upon receipt of any notice from the Company of the happening of any event of the kind described in Section 4(a)(vi), such Person will immediately discontinue the disposition of its
Registrable Securities pursuant to the registration statement until such Person’s receipt of the copies of of a supplemented or amended prospectus as contemplated by Section 4(a)(vi), subject to the Company’s
compliance with its obligations under Section 4(a)(vi). 

  
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 (g) Other. To the extent that any of the Participating Sponsor Investors is or may be
deemed to be an “underwriter” of Registrable Securities pursuant to any SEC comments or policies, the Company agrees that (i) the indemnification and contribution provisions contained in Section 6 shall be
applicable to the benefit of such Participating Sponsor Investor in their role as an underwriter or deemed underwriter in addition to their capacity as a holder and (ii) such Participating Sponsor Investor shall be entitled to conduct the due
diligence which they would normally conduct in connection with an offering of securities registered under the Securities Act, including without limitation receipt of customary opinions and comfort letters addressed to such Participating Sponsor
Investor. 
 Section 5 Registration Expenses. 

Except as expressly provided herein, all out-of-pocket expenses
incurred by the Company or any Sponsor Investor in connection with the performance of or compliance with this Agreement and/or in connection with any Demand Registration, Piggyback Registration or Shelf Offering, whether or not the same shall become
effective, shall be paid by the Company, including, without limitation: (i) all registration and filing fees, and any other fees and expenses associated with filings required to be made with the SEC or FINRA, (ii) all fees and expenses in
connection with compliance with any securities or “blue sky” laws, (iii) all printing, duplicating, word processing, messenger, telephone, facsimile and delivery expenses (including expenses of printing certificates for the
Registrable Securities in a form eligible for deposit with The Depository Trust Company or other depositary and of printing prospectuses and Company Free Writing Prospectuses), (iv) all fees and disbursements of counsel for the Company and of all
independent certified public accountants of the Company (including the expenses of any special audit and cold comfort letters required by or incident to such performance), (v) Securities Act liability insurance or similar insurance if the Company so
desires or the underwriters so require in accordance with then-customary underwriting practice, (vi) all fees and expenses incurred in connection with the listing of the Registrable Securities on any securities exchange on which similar
securities of the Company are then listed (or on which exchange the Registrable Securities are proposed to be listed in the case of the initial Public Offering), (vii) all applicable rating agency fees with respect to the Registrable Securities,
(viii) all fees and disbursements of legal counsel for the Company, (ix) all fees and disbursements of one legal counsel for selling Holders selected by the Sponsor Investors together with any necessary local counsel as may be required by
the Sponsor Investors, (xi) any fees and disbursements of underwriters customarily paid by issuers or sellers of securities, (xii) all fees and expenses of any special experts or other Persons retained by the Company or the Sponsor
Investors in connection with any Registration (xiii) all of the Company’s internal expenses (including all salaries and expenses of its officers and employees performing legal or accounting duties) and (xiv) all expenses related to
the “road-show” for any underwritten offering, including all travel, meals and lodging. All such expenses are referred to herein as “Registration Expenses.” The Company shall not be required to pay, and each Person that
sells securities pursuant to a Demand Registration, Shelf Offering or Piggyback Registration hereunder will bear and pay, all underwriting discounts and commissions applicable to the Registrable Securities sold for such Person’s account and all
transfer taxes (if any) attributable to the sale of Registrable Securities. 
 Section 6 Indemnification and Contribution. 

(a) By the Company. The Company will indemnify and hold harmless, to the fullest extent permitted by law and without limitation as to
time, each Holder, such Holder’s officers, directors employees, agents, fiduciaries, stockholders, managers, partners, members, affiliates, direct and indirect equityholders, consultants and representatives, and any successors and assigns
thereof, and each Person who controls such holder (within the meaning of the Securities Act) (the “Indemnified Parties”) against all losses, claims, actions, damages, liabilities and expenses (including with respect to actions or
proceedings, whether commenced or threatened, and including reasonable attorney fees and expenses) (collectively, “Losses”) caused by, resulting from, arising out of, based upon or related to any of the following (each, a
“Violation”) by the Company: (i) any untrue or alleged untrue statement of material fact contained in (A) any registration statement, prospectus, preliminary prospectus or
Free-Writing Prospectus, or any 

  
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amendment thereof or supplement thereto or (B) any application or other document or communication (in this Section 6, collectively called an
“application”) executed by or on behalf of the Company or based upon written information furnished by or on behalf of the Company filed in any jurisdiction in order to qualify any securities covered by such registration under the
“blue sky” or securities laws thereof, (ii) any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein not misleading or (iii) any violation or alleged violation
by the Company of the Securities Act or any other similar federal or state securities laws or any rule or regulation promulgated thereunder applicable to the Company and relating to action or inaction required of the Company in connection with any
such registration, qualification or compliance. In addition, the Company will reimburse such Indemnified Party for any legal or any other expenses reasonably incurred by them in connection with investigating or defending any such Losses.
Notwithstanding the foregoing, the Company will not be liable in any such case to the extent that any such Losses result from, arise out of, are based upon, or relate to an untrue statement, or omission , made in such registration statement, any
such prospectus, preliminary prospectus or Free-Writing Prospectus or any amendment or supplement thereto, or in any application, in reliance upon, and in conformity with, written information prepared and
furnished in writing to the Company by such Indemnified Party expressly for use therein or by such Indemnified Party’s failure to deliver a copy of the registration statement or prospectus or any amendments or supplements thereto after the
Company has furnished such Indemnified Party with a sufficient number of copies of the same. In connection with an underwritten offering, the Company will indemnify such underwriters, their officers and directors, and each Person who controls such
underwriters (within the meaning of the Securities Act) to the same extent as provided above with respect to the indemnification of the Indemnified Parties or as otherwise agreed to in the underwriting agreement executed in connection with such
underwritten offering. Such indemnity and reimbursement of expenses shall remain in full force and effect regardless of any investigation made by or on behalf of such Indemnified Party and shall survive the transfer of such securities by such
seller. 
 (b) By Holders. In connection with any registration statement in which a Holder is participating, each such Holder will
furnish to the Company in writing such information and affidavits as the Company reasonably requests for use in connection with any such registration statement or prospectus and, to the extent permitted by law, will indemnify the Company, its
officers, directors, employees, agents and representatives, and each Person who controls the Company (within the meaning of the Securities Act) against any Losses resulting from (as determined by a final and appealable judgment, order or decree of a
court of competent jurisdiction) any untrue statement of material fact contained in the registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or any omission of a material fact required to be
stated therein or necessary to make the statements therein not misleading, but only to the extent that such untrue statement or omission is contained in any information or affidavit so furnished in writing by such Holder expressly for use therein;
provided that the obligation to indemnify will be individual, not joint and several, for each Holder and will be limited to the net amount of proceeds received by such Holder from the sale of Registrable Securities pursuant to such
registration statement. 
 (c) Claim Procedure. Any Person entitled to indemnification hereunder will (i) give prompt written
notice to the indemnifying party of any claim with respect to which it seeks indemnification (provided that the failure to give prompt notice will impair any Person’s right to indemnification hereunder only to the extent such failure has
prejudiced the indemnifying party) and (ii) unless in such indemnified party’s reasonable judgment a conflict of interest between such indemnified and indemnifying parties may exist with respect to such claim, permit such indemnifying
party to assume the defense of such claim with counsel reasonably satisfactory to the indemnified party. If such defense is assumed, the indemnifying party will not be subject to any liability for any settlement made by the indemnified party without
its consent (but such consent will not be unreasonably withheld, conditioned or delayed). An indemnifying party who is not entitled to, or elects not to, assume the defense of a claim will not be obligated to pay the fees and expenses of more than
one counsel for all parties indemnified by such indemnifying party with respect to such claim, unless in the reasonable judgment of any indemnified party a conflict of interest may exist between such indemnified party and any other of such
indemnified parties with respect to such claim. In such instance, the conflicted indemnified parties will have a right to retain one separate counsel, chosen by the majority of the conflicted indemnified parties involved in the indemnification and
approved by the Sponsor Investor, at the expense of the indemnifying party. 

  
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 (d) Contribution. If the indemnification provided for in this
Section 6 is held by a court of competent jurisdiction to be unavailable to, or is insufficient to hold harmless, an indemnified party or is otherwise unenforceable with respect to any Loss referred to herein, then such
indemnifying party will contribute to the amounts paid or payable by such indemnified party as a result of such Loss, (i) in such proportion as is appropriate to reflect the relative fault of the indemnifying party on the one hand and of the
indemnified party on the other hand in connection with the statements or omissions which resulted in such Loss as well as any other relevant equitable considerations or (ii) if the allocation provided by clause (i) of this
Section 6(d) is not permitted by applicable law, then in such proportion as is appropriate to reflect not only such relative fault but also the relative benefit of the Company on the one hand and of the sellers of
Registrable Securities and any other sellers participating in the registration statement on the other in connection with the statement or omissions which resulted in such Losses, as well as any other relevant equitable considerations;
provided that the maximum amount of liability in respect of such contribution will be limited, in the case of each seller of Registrable Securities, to an amount equal to the net proceeds actually received by such seller from the sale of
Registrable Securities effected pursuant to such registration. The relative fault of the indemnifying party and of the indemnified party will be determined by reference to, among other things, whether the untrue (or, as applicable alleged) untrue
statement of a material fact or the omission to state a material fact relates to information supplied by the indemnifying party or by the indemnified party and the parties’ relative intent, knowledge, access to information and opportunity to
correct or prevent such statement or omission. The parties hereto agree that it would not be just or equitable if the contribution pursuant to this Section 6(d) were to be determined by pro rata allocation or by any other
method of allocation that does not take into account such equitable considerations. The amount paid or payable by an indemnified party as a result of the Losses referred to herein will be deemed to include any legal or other expenses reasonably
incurred by such indemnified party in connection with investigating or defending against any action or claim which is the subject hereof. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f)
of the Securities Act) will be entitled to contribution from any Person who is not guilty of such fraudulent misrepresentation. 
 (e)
Release. No indemnifying party will, except with the consent of the indemnified party, consent to the entry of any judgment or enter into any settlement that does not include as an unconditional term thereof giving by the claimant or
plaintiff to such indemnified party of a release from all liability in respect to such claim or litigation. 
 (f) Non-exclusive Remedy; Survival. The indemnification and contribution provided for under this Agreement will be in addition to any other rights to indemnification or contribution that any
indemnified party may have pursuant to law or contract (and the Company and its Subsidiaries shall be considered the indemnitors of first resort in all such circumstances to which this Section 6 applies) and will remain in
full force and effect regardless of any investigation made by or on behalf of the indemnified party or any officer, director or controlling Person of such indemnified party and will survive the transfer of Registrable Securities and the termination
or expiration of this Agreement. 
 Section 7 Cooperation with Underwritten Offerings. No Person may participate in any
underwritten registration hereunder unless such Person (i) agrees to sell such Person’s securities on the basis provided in any underwriting arrangements approved by the Person or Persons entitled hereunder to approve such arrangements
(including, without limitation, pursuant to the terms of any over-allotment or “green shoe” option requested by the underwriters; provided that no Holder will be required to sell more than the number of Registrable Securities such
Holder has requested to include in such registration) and (ii) 

  
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completes, executes and delivers all questionnaires, powers of attorney, stock powers, custody agreements, indemnities, underwriting agreements and other documents and agreements required under
the terms of such underwriting arrangements or as may be reasonably requested by the Company and the lead managing underwriter(s). To the extent that any such agreement is entered into pursuant to, and consistent with,
Section 3, Section 4 and/or this Section 7, the respective rights and obligations created under such agreement will supersede the respective rights and obligations of the
Holders, the Company and the underwriters created thereby with respect to such registration. 
 Section 8 Subsidiary Public
Offering. 
 (a) Subsidiary Public Offering. If, after an initial Public Offering of the common equity securities of one of
its Subsidiaries, the Company distributes securities of such Subsidiary to its equityholders, then the rights and obligations of the Company pursuant to this Agreement will apply, mutatis mutandis, to such Subsidiary, and the Company will
cause such Subsidiary to comply with such Subsidiary’s obligations under this Agreement as if it were the Company hereunder. 

Section 9 Joinder; Additional Parties; Transfer of Registrable Securities. 

(a) Joinder. The Company may from time to time (with the prior written consent of the Sponsor Investors) permit any Person who acquires
Common Equity (or rights to acquire Common Equity) to become a party to this Agreement and to be entitled to and be bound by all of the rights and obligations as a Holder by obtaining an executed joinder to this Agreement from such Person in the
form of Exhibit B attached hereto (a “Joinder”). Upon the execution and delivery of a Joinder by such Person, the Common Equity held by such Person shall become the category of Registrable Securities (i.e.
Sponsor Investor, Executive or Other Investor Registrable Securities), and such Person shall be deemed the category of Holder (i.e. Sponsor Investor, Executive or Other Investor), in each case as set forth on the signature page to such Joinder. 

(b) Restrictions on Transfers. Prior to transferring any Registrable Securities to any Person (including, without limitation, by
operation of law), the transferring Holder must first obtain the prior written consent of the Sponsor Investor, and if so obtained, cause the prospective transferee to execute and deliver to the Company a Joinder, except that such consent and
Joinder shall not be required in the case of (i) a transfer to the Company, (ii) a transfer by any Sponsor Investor to its partners or members, (iii) a Public Offering, (iv) a sale pursuant to Rule 144 after the completion of the
initial Public Offering and/or (v) a transfer in connection with a Sale of the Company. Any transfer or attempted transfer of Registrable Securities in violation of any provision of this Agreement will be void, and the Company will not record
such transfer on its books or treat any purported transferee of such Registrable Securities as the owner thereof for any purpose (but the Company will be entitled to enforce against such Person the obligations hereunder). 

(c) Legend. Each certificate (if any) evidencing any Registrable Securities and each certificate issued in exchange for or upon the
transfer of any Registrable Securities (unless such Registrable Securities would no longer be Registrable Securities after such transfer) will be stamped or otherwise imprinted with a legend in substantially the following form: 

“THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO RESTRICTIONS ON TRANSFER AND OTHER PROVISIONS SET FORTH IN A REGISTRATION
RIGHTS AGREEMENT DATED AS OF _________ __, 20__ AMONG THE ISSUER OF SUCH SECURITIES (THE “COMPANY”) AND CERTAIN OF THE COMPANY’S EQUITYHOLDERS, AS AMENDED. A COPY OF SUCH AGREEMENT WILL BE FURNISHED WITHOUT CHARGE BY THE COMPANY TO
THE HOLDER HEREOF UPON WRITTEN REQUEST.” 

  
 -15- 

 The Company will imprint such legend on certificates evidencing Registrable Securities outstanding prior to
the date hereof. The legend set forth above will be removed from the certificates evidencing any securities that have ceased to be Registrable Securities. 

Section 10 General Provisions. 

(a) Amendments and Waivers. Except as otherwise provided herein, the provisions of this Agreement may be amended, modified or waived
only with the prior written consent of the Company and the Sponsor Investors; provided that no such amendment, modification or waiver that would treat a specific Holder or group of Holders of Registrable Securities (i.e., Executives or Other
Investors) in a manner materially and adversely different than any other Holder or group of Holders will be effective against such Holder or group of Holders without the consent of the holders of a majority of the Registrable Securities that are
held by the group of Holders that is materially and adversely affected thereby. The failure or delay of any Person to enforce any of the provisions of this Agreement will in no way be construed as a waiver of such provisions and will not affect the
right of such Person thereafter to enforce each and every provision of this Agreement in accordance with its terms. A waiver or consent to or of any breach or default by any Person in the performance by that Person of his, her or its obligations
under this Agreement will not be deemed to be a consent or waiver to or of any other breach or default in the performance by that Person of the same or any other obligations of that Person under this Agreement. 

(b) Remedies. The parties to this Agreement will be entitled to enforce their rights under this Agreement specifically (without posting
a bond or other security), to recover damages caused by reason of any breach of any provision of this Agreement and to exercise all other rights existing in their favor. The parties hereto agree and acknowledge that a breach of this Agreement would
cause irreparable harm and money damages would not be an adequate remedy for any such breach and that, in addition to any other rights and remedies existing hereunder, any party will be entitled to specific performance and/or other injunctive relief
from any court of law or equity of competent jurisdiction (without posting any bond or other security) in order to enforce or prevent violation of the provisions of this Agreement. 

(c) Severability. Whenever possible, each provision of this Agreement will be interpreted in such manner as to be effective and valid
under applicable law, but if any provision of this Agreement is held to be prohibited, invalid, illegal or unenforceable in any respect under any applicable law or regulation in any jurisdiction, such prohibition, invalidity, illegality or
unenforceability will not affect the validity, legality or enforceability of any other provision of this Agreement in such jurisdiction or in any other jurisdiction, but this Agreement will be reformed, construed and enforced in such jurisdiction as
if such prohibited, invalid, illegal or unenforceable provision had never been contained herein. 
 (d) Entire Agreement. Except as
otherwise provided herein, this Agreement contains the complete agreement and understanding among the parties hereto with respect to the subject matter hereof and supersedes and preempts any prior understandings, agreements or representations by or
among the parties hereto, written or oral, which may have related to the subject matter hereof in any way. 
 (e) Successors and
Assigns. Except as otherwise provided herein, this Agreement will bind and inure to the benefit and be enforceable by the Company and its successors and permitted assigns and the Holders and their respective successors and permitted assigns
(whether so expressed or not). 

  
 -16- 

 (f) Notices. Any notice, demand or other communication to be given under or by reason
of the provisions of this Agreement will be in writing and will be deemed to have been given (i) when delivered personally to the recipient, (ii) when sent by confirmed electronic mail or facsimile if sent during normal business hours of
the recipient; but if not, then on the next Business Day, (iii) one Business Day after it is sent to the recipient by reputable overnight courier service (charges prepaid) or (iv) three Business Days after it is mailed to the recipient by
first class mail, return receipt requested. Such notices, demands and other communications will be sent to the Company at the address specified on the signature page hereto or any Joinder and to any holder, or at such address or to the attention of
such other Person as the recipient party has specified by prior written notice to the sending party. Any party may change such party’s address for receipt of notice by giving prior written notice of the change to the sending party as provided
herein. 
 The Company’s address is: 

iCIMS Holding Corp. 
 101
Crawfords Corner Road 
 Holmdel, NJ 07733 

Attention: Kate Scavello, General Counsel 

Email: ********************* 

With a copy to: 

Kirkland & Ellis LLP 

300 North LaSalle Street 

Chicago, IL 60654 
 Attention:
Robert Hayward, P.C. 
         Robert Goedert, P.C. 

Email: ********************* 
 or to such other
address or to the attention of such other person as the recipient party has specified by prior written notice to the sending party. 
 (g)
Business Days. If any time period for giving notice or taking action hereunder expires on a day that is not a Business Day, the time period will automatically be extended to the Business Day immediately following such Saturday, Sunday or
legal holiday. 
 (h) Governing Law. The corporate law of the State of Delaware will govern all issues and questions concerning the
relative rights of the Company and its equityholders. All other issues and questions concerning the construction, validity, interpretation and enforcement of this Agreement and the exhibits and schedules hereto will be governed by, and construed in
accordance with, the laws of the State of Delaware, without giving effect to any choice of law or conflict of law rules or provisions (whether of the State of Delaware or any other jurisdiction) that would cause the application of the laws of any
jurisdiction other than the State of Delaware. In furtherance of the foregoing, the internal law of the State of Delaware will control the interpretation and construction of this Agreement (and all schedules and exhibits hereto), even though under
that jurisdiction’s choice of law or conflict of law analysis, the substantive law of some other jurisdiction would ordinarily apply. 

(i) MUTUAL WAIVER OF JURY TRIAL. AS A SPECIFICALLY BARGAINED FOR INDUCEMENT FOR EACH OF THE PARTIES HERETO TO ENTER INTO THIS AGREEMENT
(AFTER HAVING THE OPPORTUNITY TO CONSULT WITH COUNSEL), EACH PARTY HERETO EXPRESSLY WAIVES THE RIGHT TO TRIAL BY JURY IN ANY LAWSUIT OR PROCEEDING RELATING TO OR ARISING IN ANY WAY FROM THIS AGREEMENT OR THE MATTERS CONTEMPLATED HEREBY. 

  
 -17- 

 (j) CONSENT TO JURISDICTION AND SERVICE OF PROCESS. EACH OF THE PARTIES IRREVOCABLY
SUBMITS TO THE NON-EXCLUSIVE JURISDICTION OF THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF DELAWARE, FOR THE PURPOSES OF ANY SUIT, ACTION OR OTHER PROCEEDING ARISING OUT OF THIS AGREEMENT, ANY RELATED
AGREEMENT OR ANY TRANSACTION CONTEMPLATED HEREBY OR THEREBY. EACH OF THE PARTIES HERETO FURTHER AGREES THAT SERVICE OF ANY PROCESS, SUMMONS, NOTICE OR DOCUMENT BY U.S. REGISTERED MAIL TO SUCH PARTY’S RESPECTIVE ADDRESS SET FORTH ABOVE WILL BE
EFFECTIVE SERVICE OF PROCESS FOR ANY ACTION, SUIT OR PROCEEDING WITH RESPECT TO ANY MATTERS TO WHICH IT HAS SUBMITTED TO JURISDICTION IN THIS PARAGRAPH. EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY OBJECTION TO THE LAYING OF
VENUE OF ANY ACTION, SUIT OR PROCEEDING ARISING OUT OF THIS AGREEMENT, ANY RELATED DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY AND THEREBY IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF DELAWARE, AND HEREBY AND THEREBY FURTHER
IRREVOCABLY AND UNCONDITIONALLY WAIVES AND AGREES NOT TO PLEAD OR CLAIM IN ANY SUCH COURT THAT ANY SUCH ACTION, SUIT OR PROCEEDING BROUGHT IN ANY SUCH COURT HAS BEEN BROUGHT IN AN INCONVENIENT FORUM. 

(k) No Recourse. Notwithstanding anything to the contrary in this Agreement, the Company and each Holder agrees and acknowledges that no
recourse under this Agreement or any documents or instruments delivered in connection with this Agreement, will be had against any current or future director, officer, employee, general or limited partner or member of any Holder or any Affiliate or
assignee thereof, whether by the enforcement of any assessment or by any legal or equitable proceeding, or by virtue of any statute, regulation or other applicable law, it being expressly agreed and acknowledged that no personal liability whatsoever
will attach to, be imposed on or otherwise be incurred by any current or future officer, agent or employee of any Holder or any current or future member of any Holder or any current or future director, officer, employee, partner or member of any
Holder or of any Affiliate or assignee thereof, as such for any obligation of any Holder under this Agreement or any documents or instruments delivered in connection with this Agreement for any claim based on, in respect of or by reason of such
obligations or their creation. 
 (l) Descriptive Headings; Interpretation. The descriptive headings of this Agreement are inserted
for convenience only and do not constitute a part of this Agreement. The use of the word “including” in this Agreement will be by way of example rather than by limitation. 

(m) No Strict Construction. The language used in this Agreement will be deemed to be the language chosen by the parties hereto to
express their mutual intent, and no rule of strict construction will be applied against any party. 
 (n) Counterparts. This Agreement
may be executed in multiple counterparts, any one of which need not contain the signature of more than one party, but all such counterparts taken together will constitute one and the same agreement. 

(o) Electronic Delivery. This Agreement, the agreements referred to herein, and each other agreement or instrument entered into in
connection herewith or therewith or contemplated hereby or thereby, and any amendments hereto or thereto, to the extent executed and delivered by means of a photographic, photostatic, facsimile or similar reproduction of such signed writing using a
facsimile machine or electronic mail will be treated in all manner and respects as an original agreement or instrument 

  
 -18- 

 
and will be considered to have the same binding legal effect as if it were the original signed version thereof delivered in person. At the request of any party hereto or to any such agreement or
instrument, each other party hereto or thereto will re-execute original forms thereof and deliver them to all other parties. No party hereto or to any such agreement or instrument will raise the use of a
facsimile machine or electronic mail to deliver a signature or the fact that any signature or agreement or instrument was transmitted or communicated through the use of a facsimile machine or electronic mail as a defense to the formation or
enforceability of a contract and each such party forever waives any such defense. 
 (p) Further Assurances. In connection with this
Agreement and the transactions contemplated hereby, each Holder agrees to execute and deliver any additional documents and instruments and perform any additional acts that may be necessary or appropriate to effectuate and perform the provisions of
this Agreement and the transactions contemplated hereby. 
 (q) Dividends, Recapitalizations, Etc.. If at any time or
from time to time there is any change in the capital structure of the Company by way of a stock split, stock dividend, combination or reclassification, or through a merger, consolidation, reorganization or recapitalization, or by any other means,
appropriate adjustment will be made in the provisions hereof so that the rights and privileges granted hereby will continue. 
 (r) No
Third-Party Beneficiaries. No term or provision of this Agreement is intended to be, or shall be, for the benefit of any Person not a party hereto, and no such other Person shall have any right or cause of action hereunder, except as otherwise
expressly provided herein. 
 (s) Current Public Information. At all times after the Company has filed a registration statement with
the SEC pursuant to the requirements of either the Securities Act or the Exchange Act, the Company will file all reports required to be filed by it under the Securities Act and the Exchange Act and will take such further action as the Sponsor
Investors may reasonably request, all to the extent required to enable such Holders to sell Registrable Securities pursuant to Rule 144. 

*    *    *    *    * 

  
 -19- 

 IN WITNESS WHEREOF, the parties have executed this Registration Rights Agreement as of the
date first written above. 
  

			
	iCIMS HOLDING CORP.
		
	By:	 	  

	Name: Valerie Rainey
	Its: Chief Financial Officer

 [Signature Page to Registration Rights Agreement] 

 
			
	SPONSOR INVESTORS:
	
	VISTA EQUITY PARTNERS FUND V, L.P.
	
	By: VISTA EQUITY PARTNERS FUND V GP, L.P.
	Its: General Partner
	
	By: VEPF Group, LLC
	Its: Senior Managing Member
		
	By:	 	
                 

	Name: Robert F. Smith
	Its: Managing Member
	
	VISTA EQUITY PARTNERS FUND V-A, L.P.
	
	By: VEPF V GP (Cayman), L.P.
	Its: General Partner
	
	By: VEPF V GP (Cayman), Ltd.
	Its: General Partner
		
	By:	 	
                 

	Name: Robert F. Smith
	Its: Director
	
	VISTA EQUITY PARTNERS FUND V-B, L.P.
	
	By: VEPF V GP (Cayman), L.P.
	Its: General Partner
	
	By: VEPF V GP (Cayman), Ltd.
	Its: General Partner
		
	By:	 	
                     

	Name: Robert F. Smith
	Its: Director
	
	VEPF V FAF, L.P.
	
	By: VISTA EQUITY PARTNERS FUND V GP, LLC
	Its: General Partner
	
	By: VEPF Group, LLC
	Its: Senior Managing member
		
	By:	 	
                     
            

	Name: Robert F. Smith
	Its: Managing Member

[Signature Page to Registration Rights Agreement] 

			
	
	VISTA EQUITY PARTNERS FUND V EXECUTIVE, L.P.
	
	By: VISTA EQUITY PARTNERS FUND V GP, L.P.
	Its: General Partner
	
	By: VEPF Group, LLC
	Its: Senior Managing Member
		
	By:	 	
                     
            

	Name: Robert F. Smith
	Its: Managing Member
	
	VISTA EQUITY ASSOCIATES V, LLC
	
	By: VEPF Group, LLC
	Its: Senior Managing Member
		
	By:	 	
                     
    

	Name: Robert F. Smith
	Its: Managing Member

 [Signature Page to Registration Rights Agreement] 

 
			
	OTHER INVESTORS:
	
	SUSQUEHANNA GROWTH EQUITY FUND IV, LLLP
		
	By:	 	              

	Its:	 	              

	
	SUSQUEHANNA GROWTH EQUITY FUND V, LLLP
	By:	 	              

	Its:	 	              

	
	COLIN DAY
	
	  

 [Signature Page to Registration Rights Agreement] 

 EXHIBIT A 

DEFINITIONS 

“Affiliate” of any Person means any other Person controlled by, controlling or under common control with such Person and, in
the case of an individual, also includes any member of such individual’s Family Group; provided that the Company and its Subsidiaries will not be deemed to be Affiliates of any holder of Registrable Securities. As used in this
definition, “control” (including, with its correlative meanings, “controlling,” “controlled by” and “under common control with”) will mean possession, directly or indirectly, of power to direct or cause the
direction of management or policies (whether through ownership of securities, by contract or otherwise). 
 “Agreement” has
the meaning set forth in the recitals. 
 “Automatic Shelf Registration Statement” has the meaning set forth in
Section 1(a). 
 “Business Day” means a day that is not a Saturday or Sunday or a day on which
banks in New York City are authorized or requested by law to close. 
 “Charitable Gifting Event” means any transfer by an
Sponsor Investor, or any subsequent transfer by such holder’s members, partners or other employees, in connection with a bona fide gift to any Charitable Organization on the date of, but prior to, the execution of the underwriting agreement
entered into in connection with any underwritten offering. 
 “Charitable Organization” means a charitable organization as
described by Section 501(c)(3) of the Internal Revenue Code of 1986, as in effect from time to time. 

“Common Equity” means the Company’s common stock, par value $0.001 per share. In the event of a Corporate Conversion,
Common Equity will thereafter mean the common stock issued upon conversion or in exchange for the Company’s Common Equity. 

“Company” has the meaning set forth in the preamble and shall include its successor(s). 

“Demand Registrations” has the meaning set forth in Section 1(a). 

“End of Suspension Notice” has the meaning set forth in Section 1(f)(ii). 

“Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time, or any successor federal law then in
force, together with all rules and regulations promulgated thereunder. 
 “Excluded Registration” means any registration
(i) pursuant to a Demand Registration (which is addressed in Section 1(a)), or (ii) in connection with registrations on Form S-4 or
S-8 promulgated by the SEC or any successor or similar forms).  

“Executives” has the meaning set forth in the recitals. 

“Executive Registrable Securities” means any Common Equity held by the management employees of the Company who are listed as
“Executives” on the signature page hereto or to a Joinder. 

  
 A-1 

 “Family Group” means with respect to any individual, such individual’s
current or former spouse, their respective parents, descendants of such parents (whether natural or adopted) and the spouses of such descendants, any trust, limited partnership, corporation or limited liability company established solely for the
benefit of such individual or such individual’s current or former spouse, their respective parents, descendants of such parents (whether natural or adopted) or the spouses of such descendants. 

“FINRA” means the Financial Industry Regulatory Authority. 

“Free Writing Prospectus” means a free-writing prospectus, as defined in Rule 405. 

“Holdback Period” has the meaning set forth in Section 3(a). 

“Holder” means a holder of Registrable Securities who is a party to this Agreement (including by way of Joinder). 

“Indemnified Parties” has the meaning set forth in Section 6(a). 

“Joinder” has the meaning set forth in Section 9(a). 

“Long-Form Registrations” has the meaning set forth in Section 1(a). 

“Losses” has the meaning set forth in Section 6(c). 

“Other Investors” has the meaning set forth in the recitals. “Other Registrable Securities” means
(i) any Common Equity held (directly or indirectly) by any Other Investors or any of their Affiliates, and (ii) any equity securities of the Company or any Subsidiary issued or issuable with respect to the securities referred to in
clause (i) above by way of dividend, distribution, split or combination of securities, or any recapitalization, merger, consolidation or other reorganization. 

“Participating Sponsor Investors” means any Sponsor Investor(s) participating in the request for a Demand Registration, Shelf
Offering, Piggyback Registration or Underwritten Block Trade. 
 “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 governmental entity or any department, agency or political subdivision thereof. 

“Piggyback Registrations” has the meaning set forth in Section 2(a). 

“Public Offering” means any sale or distribution by the Company, one of its Subsidiaries and/or Holders to the public of
Common Equity or other securities convertible into or exchangeable for Common Equity pursuant to an offering registered under the Securities Act. 

“Registrable Securities” means Sponsor Investor Registrable Securities and Executive Registrable Securities and Other
Registrable Securities. As to any particular Registrable Securities, such securities will cease to be Registrable Securities when they have been (a) sold or distributed pursuant to a Public Offering, (b) sold in compliance with Rule 144
following the consummation of the initial Public Offering, or (c) repurchased by the Company or a Subsidiary of the Company. For purposes of this Agreement, a Person will be deemed to be a holder of Registrable Securities, and the Registrable
Securities will be deemed to be in existence, whenever such Person has the right to acquire, directly or indirectly, such Registrable Securities (upon conversion or exercise in connection with a transfer of securities or otherwise, but disregarding
any restrictions or limitations upon the exercise of such right), whether or not such acquisition has actually been effected, and such Person will be entitled to exercise the rights of a holder of Registrable Securities hereunder (it being
understood that a holder of Registrable Securities may only 

  
 A-2 

 
request that Registrable Securities in the form of Common Equity be registered pursuant to this Agreement). Notwithstanding the foregoing, following the consummation of an initial Public
Offering, any Registrable Securities held by any Person (other than any Sponsor Investor or its Affiliates) that may be sold under Rule 144(b)(1)(i) without limitation under any of the other requirements of Rule 144 will be deemed not to be
Registrable Securities. 
 “Registration Expenses” has the meaning set forth in Section 5. 

“Rule 144”, “Rule 158”, “Rule 405”, “Rule 415”, “Rule
403B” and “Rule 462” mean, in each case, such rule promulgated under the Securities Act (or any successor provision) by the SEC, as the same will be amended from time to time, or any successor rule then in force. 

“Sale of the Company” means any transaction or series of transactions pursuant to which any Person(s) or a group of related
Persons (other than any Sponsor Investor and/or its Affiliates) in the aggregate acquires: (i) Common Equity of the Company entitled to vote (other than voting rights accruing only in the event of a default, breach, event of noncompliance or
other contingency) to elect directors with a majority of the voting power of the Company’s board of directors (whether by merger, consolidation, reorganization, combination, sale or transfer of the Company’s Common Equity) or (ii) all
or substantially all of the Company’s and its Subsidiaries’ assets determined on a consolidated basis; provided that a Public Offering will not constitute a Sale of the Company. 

“Sale Transaction” has the meaning set forth in Section 3(a). 

“SEC” means the United States Securities and Exchange Commission. 

“Securities” has the meaning set forth in Section 3(a). 

“Securities Act” means the Securities Act of 1933, as amended from time to time, or any successor federal law then in force,
together with all rules and regulations promulgated thereunder. 
 “Shelf Offering” has the meaning set forth in
Section 1(d)(i). 
 “Shelf Offering Notice” has the meaning set forth in
Section 1(d)(i). 
 “Shelf Registration” has the meaning set forth in
Section 1(a). 
 “Shelf Registrable Securities” has the meaning set forth in
Section 1(d)(i). 
 “Shelf Registration Statement” has the meaning set forth in
Section 1(d). 
 “Short-Form Registrations” has the meaning set forth in
Section 1(a). 
 “Sponsor Investors” has the meaning set forth in the recitals; provided that any
decision to be made under this Agreement by the Sponsor Investors shall be made by the holders of a majority of all Sponsor Investor Registrable Securities 

“Sponsor Investor Registrable Securities” means (i) any Common Equity held (directly or indirectly) by any Sponsor
Investor or any of its Affiliates, and (ii) any equity securities of the Company or any Subsidiary issued or issuable with respect to the securities referred to in clause (i) above by way of dividend, distribution, split or
combination of securities, or any recapitalization, merger, consolidation or other reorganization. 

  
 A-3 

 “Subsidiary” means, with respect to the Company, any corporation, limited
liability company, partnership, association or other business entity of which (i) if a corporation, a majority of the total voting power of shares of stock entitled (without regard to the occurrence of any contingency) to vote in the election
of directors, managers or trustees thereof is at the time owned or controlled, directly or indirectly, by the Company or one or more of the other Subsidiaries of the Company or a combination thereof, or (ii) if a limited liability company,
partnership, association or other business entity, a majority of the limited liability company, partnership or other similar ownership interest thereof is at the time owned or controlled, directly or indirectly, by the Company or one or more
Subsidiaries of the Company or a combination thereof. For purposes hereof, a Person or Persons will be deemed to have a majority ownership interest in a limited liability company, partnership, association or other business entity if such Person or
Persons will be allocated a majority of limited liability company, partnership, association or other business entity gains or losses or will be or control the managing director or general partner of such limited liability company, partnership,
association or other business entity. 
 “Suspension Event” has the meaning set forth in
Section 1(f)(ii). 
 “Suspension Notice” has the meaning set forth in
Section 1(f)(ii). 
 “Suspension Period” has the meaning set forth in
Section 1(f)(i). 
 “Violation” has the meaning set forth in
Section 6(a). 
 “WKSI” means a “well-known seasoned issuer” as defined under
Rule 405. 

  
 A-4 

 EXHIBIT B 

The undersigned is executing and delivering this Joinder pursuant to the Registration Rights Agreement dated as of __________________, 20__ (as
amended, modified and waived from time to time, the “Registration Agreement”), among iCIMS Holding Corp., a Delaware corporation (the “Company”), and the other persons named as parties therein (including pursuant to
other Joinders). Capitalized terms used herein have the meaning set forth in the Registration Agreement. 
 By executing and delivering this
Joinder to the Company, the undersigned hereby agrees to become a party to, to be bound by, and to comply with the provisions of, the Registration Agreement as a Holder in the same manner as if the undersigned were an original signatory to the
Registration Agreement, and the undersigned will be deemed for all purposes to be a Holder, an [Sponsor Investor//Executive//Other Investor thereunder] and the undersigned’s ____ [shares of Common Equity// Units]
will be deemed for all purposes to be a [Sponsor Investor // Executive // Other] Registrable Securities under the Registration Agreement. 

Accordingly, the undersigned has executed and delivered this Joinder as of the ___ day of ____________, 20___. 

 

	
	  

	Signature
	
	  

	Print Name
	
	Address:                                     
                                         
  
	  

	  

  

			
	Agreed and Accepted as of
	
	________________, 20___:
	
	iCIMS HOLDING CORP.
		
	By:	 	
                     

		
	Its:	 	              

  
 B-1

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