Document:

Exhibit 10.2 

 

FORM OF

INDEMNIFICATION AGREEMENT

 

THIS INDEMNIFICATION AGREEMENT (this “Agreement”)
is made and entered into this [ • ] day of [ • ], by and between Owl Rock Core Income Corp., a Maryland corporation (the
“Company”), and the undersigned (“Indemnitee”).

 

WHEREAS, at the request of the Company,
Indemnitee currently serves as a director of the Company and may, therefore, be subjected to claims, suits or proceedings arising
as a result of his service; and

 

WHEREAS, as an inducement to Indemnitee
to continue to serve as such director, the Company has agreed to indemnify and to advance expenses and costs incurred by Indemnitee
in connection with any such claims, suits or proceedings, to the fullest extent permitted by law, except as otherwise expressly
provided for herein; and

 

WHEREAS, the parties by this Agreement desire
to set forth their agreement regarding indemnification and advance of expenses;

 

NOW,
THEREFORE, in consideration of the premises and the covenants contained herein, and of other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound hereby, the Company and Indemnitee
do hereby covenant and agree as follows:

 

Section
1. Definitions. For purposes of this Agreement: 

 

(a) “Change of Control”
shall mean the occurrence of any of the following events after the Effective Date of this Agreement:

 

(i)       the
sale or other disposition of all or substantially all of the Company’s assets; or

 

(ii)       the
acquisition, whether directly, indirectly, beneficially (within the meaning of rule 13d-3 of the Securities Exchange Act of 1934,
as amended (the “1934 Act”)) or of record, as a result of a merger, consolidation or otherwise, of securities
of the Company representing twenty percent (20%) or more of the aggregate voting power of the Company’s then-outstanding
common stock by any “person” (within the meaning of Sections 13(d) and 14(d) of the 1934 Act), including, but not limited
to, any corporation or group of persons acting in concert, other than (i) the Company or its subsidiaries and/or (ii) any employee
pension benefit plan (within the meaning of Section 3(2) of the Employee Retirement Income Security Act of 1974) of the Company
or its subsidiaries, including a trust established pursuant to any such plan; or

 

(iii)      the
individuals who were members of the Board of Directors as of the Effective Date (the “Incumbent Board”)
cease to constitute at least two-thirds (2/3) of the Board; provided, however, that any director appointed by at
least two-thirds (2/3) of the then Incumbent Board or nominated by at least two-thirds (2/3) of the Nominating and Corporate Governance
Committee of the Board of Directors (a majority of the members of the Nominating and Corporate Governance Committee shall be members
of the then Incumbent Board or appointees thereof), other than any director appointed or nominated in connection with, or as a
result of, a threatened or actual proxy or control contest, shall be deemed to constitute a member of the Incumbent Board.

 

(b) “Corporate Status”
means the status of a person who is or was a director, trustee, officer, employee or agent of the Company or of any other corporation,
partnership, joint venture, trust, employee benefit plan or other enterprise for which such person is or was serving at the request
of the Company.

 

     

     

    

 

(c) “Covered Securities”
shall have the meaning set forth in Section 18 of the Securities Act of 1933, as amended.

 

(d) “Disinterested
Director” means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification
is sought by Indemnitee.

 

(e) “Effective Date”
means the date set forth in the first paragraph of this Agreement.

 

(f) “Expenses”
shall include all reasonable attorneys’ fees, retainers, court costs, transcript costs, fees of experts, witness fees, travel
expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, and all other disbursements
or expenses of the types customarily incurred in connection with prosecuting, defending, preparing to prosecute or defend, investigating,
or being or preparing to be a witness in a Proceeding.

 

(g) “Independent Counsel”
means a law firm, or a member of a law firm, that is experienced in matters of corporation law and neither is, nor in the past
five years has been, retained to represent: (i) the Company or Indemnitee in any matter material to either such party, or (ii)
any other party to the Proceeding giving rise to a claim for indemnification hereunder. Notwithstanding the foregoing, the term
 “Independent Counsel” shall not include any person who, under the applicable standards of professional conduct then
prevailing, would have a conflict of interest in representing either the Company or Indemnitee in an action to determine Indemnitee’s
rights under this Agreement. If a Change of Control has not occurred, Independent Counsel shall be selected by the Board of Directors,
with the approval of Indemnitee, which approval will not be unreasonably withheld. If a Change of Control has occurred, Independent
Counsel shall be selected by Indemnitee, with the approval of the Board of Directors, which approval will not be unreasonably withheld.

 

(h) “Proceeding”
includes any threatened, pending or completed action, suit, arbitration, alternate dispute resolution mechanism, investigation,
administrative hearing or any other proceeding, whether civil, criminal, administrative or investigative (including on appeal),
except one (i) initiated by an Indemnitee pursuant to Section 11 of this Agreement to enforce his rights under this Agreement or
(ii) pending or completed on or before the Effective Date, unless otherwise specifically agreed in writing by the Company and Indemnitee.

 

Section
2. Services by Indemnitee. Indemnitee will serve as a director of the Company. However, this Agreement shall
not impose any obligation on Indemnitee or the Company to continue Indemnitee’s service to the Company beyond any period
otherwise required by law or by other agreements or commitments of the parties, if any.

 

Section
3. Indemnification — General. The Company shall indemnify, and advance Expenses to, Indemnitee (a) as provided
in this Agreement and (b) otherwise to the fullest extent permitted by Maryland law in effect on the date hereof and as amended
from time to time; provided, however, that no change in Maryland law shall have the effect of reducing the benefits available to
Indemnitee hereunder based on Maryland law as in effect on the date hereof. The rights of Indemnitee provided in this Section 3
shall include, without limitation, the rights set forth in the other sections of this Agreement, including any additional indemnification
permitted by Section 2-418(g) of the Maryland General Corporation Law (“MGCL”). Notwithstanding anything
to the contrary in this Section 3 or any other section of this Agreement, for so long as the Company is subject to the Investment
Company Act of 1940, as amended, and the regulations promulgated thereunder (the “Investment Company Act”),
the Company shall not indemnify or advance Expenses to Indemnitee to the extent such indemnification or advance would violate the
Investment Company Act.

 

Section
4. Proceedings Other Than Proceedings Arising from an Alleged Violation of State or Federal Securities Law. Indemnitee
shall be entitled to the rights of indemnification provided in this Section 4 if, by reason of his Corporate Status, he is, or
is threatened to be, made a party to or a witness in any threatened, pending, or completed Proceeding. Pursuant to this Section
4, Indemnitee shall be indemnified against all judgments, penalties, fines and amounts paid in settlement and all Expenses actually
and reasonably incurred by him or on his behalf in connection with a Proceeding by reason of his Corporate Status only if (i) the
Company has determined, in good faith, that the course of conduct that caused the loss or liability was in the best interests of
the Corporation; (ii) the Company has determined, in good faith, that the Indemnitee was acting on behalf of or performing services
for the Company; (iii) the Company has determined, in good faith, that such liability or loss was not the result of gross negligence
or willful misconduct in the case that the Indemnitee is a director and not also an officer of the Company, the Adviser or an affiliate
of the Adviser; and (iv) such indemnification or agreement to hold harmless is recoverable only out of the Company’s net
assets and not from the Company’s stockholders. Notwithstanding the foregoing, this Section 4 shall only apply to an
Indemnitee prior to the qualification of the Company’s common stock as Covered Securities.

 

     

     

    

 

Section
5. Proceedings Arising from an Alleged Violation of State or Federal Securities Law. Notwithstanding anything
to the contrary contained in Section 4 above, the Company shall not provide indemnification to an Indemnitee for any loss,
liability or expense arising from or out of an alleged violation of federal or state securities laws by such party unless one or
more of the following conditions are met: (i) there has been a successful adjudication on the merits of each count involving
alleged material securities law violations as to the Indemnitee; (ii) such claims have been dismissed with prejudice on the
merits by a court of competent jurisdiction as to the Indemnitee; or (iii) a court of competent jurisdiction approves a settlement
of the claims against the Indemnitee and finds that indemnification of the settlement and the related costs should be made, and
the court considering the request for indemnification has been advised of the position of the Securities and Exchange Commission
and of the published position of any state securities regulatory authority in which Shares were offered or sold as to indemnification
for violations of securities laws. Notwithstanding the foregoing, this Section 5 shall only apply to an Indemnitee prior to
the qualification of the Company’s common stock as Covered Securities.

 

Section
6. Court-Ordered Indemnification. In addition to any other indemnification that may be provided under this Agreement,
and notwithstanding any other provision of this Agreement, a court of appropriate jurisdiction, upon application of Indemnitee
and such notice as the court shall require, may order indemnification in the following circumstances:

 

(a) if it determines Indemnitee
is entitled to reimbursement under Section 2-418(d)(1) of the MGCL, the court shall order indemnification, in which case Indemnitee
shall be entitled to recover the expenses of securing such reimbursement; or

 

(b) if it determines that Indemnitee
is fairly and reasonably entitled to indemnification in view of all the relevant circumstances, whether or not Indemnitee (i) has
met the standards of conduct set forth in Section 2-418(b) of the MGCL or (ii) has been adjudged liable for receipt of an improper
personal benefit under Section 2-418(c) of the MGCL, the court may order such indemnification as the court shall deem proper. However,
indemnification with respect to any Proceeding by or in the right of the Company or in which liability shall have been adjudged
in the circumstances described in Section 2-418(c) of the MGCL shall be limited to Expenses.

 

Section
7. Indemnification for Expenses of a Party Who is Wholly or Partly Successful. Notwithstanding any other provision
of this Agreement, and without limiting any such provision, to the extent that Indemnitee is, by reason of his Corporate Status,
made a party to and is successful, on the merits or otherwise, in the defense of any Proceeding, he shall be indemnified for all
Expenses actually and reasonably incurred by him or on his behalf in connection therewith. If Indemnitee is not wholly successful
in such Proceeding but is successful, on the merits or otherwise, as to one or more but less than all claims, issues or matters
in such Proceeding, the Company shall indemnify Indemnitee under this Section 7 for all Expenses actually and reasonably incurred
by him or on his behalf in connection with each successfully resolved claim, issue or matter, allocated on a reasonable and proportionate
basis. For purposes of this Section and without limitation, the termination of any claim, issue or matter in such a Proceeding
by dismissal, with or without prejudice, shall be deemed to be a successful result as to such claim, issue or matter.

 

     

     

    

 

Section
8. Advance of Expenses. The Company shall advance all reasonable legal expenses and other costs incurred by or
on behalf of an Indemnitee in connection with any Proceeding to which Indemnitee is, or is threatened to be, made a party or a
witness, only if all of the following are satisfied: (a) the proceeding relates to acts or omissions with respect to the performance
of duties or services on behalf of the Company, (b) the Indemnitee provides the Company with written affirmation of the Indemnitee’s
good faith belief that the Indemnitee has met the standard of conduct necessary for indemnification by the Company as authorized
by Section 4 or 5 hereof, (c) the legal proceeding was initiated by a third party who is not a Stockholder or, if by
a Stockholder of the Company acting in his or her capacity as such, a court of competent jurisdiction approves such advancement,
and (d) the Indemnitee provides the Company with a written agreement, in substantially the form attached hereto as Exhibit
A or in such form as may be required under applicable law as in effect at the time of the execution thereof, to repay the amount
paid or reimbursed by the Company, together with the applicable legal rate of interest thereon, if it is ultimately determined
that the Indemnitee did not comply with the requisite standard of conduct and is not entitled to indemnification. The Company shall
advance all reasonable Expenses so incurred by or on behalf of Indemnitee within ten (10) days after the receipt by the Company
of a statement or statements from Indemnitee requesting such advance or advances from time to time, whether prior to or after final
disposition of such Proceeding. Such statement or statements shall reasonably evidence the Expenses incurred by Indemnitee and
shall include or be preceded or accompanied by a written affirmation by Indemnitee of Indemnitee’s good faith belief that
the standard of conduct necessary for indemnification by the Company as authorized by law and by this Agreement has been met and
a written undertaking by or on behalf of Indemnitee satisfying (d) above. For so long as the Company is subject to the Investment
Company Act, any advancement of Expenses shall be subject to at least one of the following as a condition of the advancement: (a)
Indemnitee shall provide a security for his or her undertaking, (b) the Company shall be insured against losses arising by reason
of any lawful advances or (c) a majority of a quorum of the Disinterested Directors of the Company, or Independent Counsel in a
written opinion, shall determine, based on a review of readily available facts (as opposed to a full-trial-type inquiry), that
there is reason to believe that Indemnitee ultimately will be found entitled to indemnification. To the extent that Expenses advanced
to Indemnitee do not relate to a specific claim, issue or matter in the Proceeding, such Expenses shall be allocated on a reasonable
and proportionate basis. The undertaking required by this Section 8 shall be an unlimited general obligation by or on behalf
of Indemnitee and shall be accepted without reference to Indemnitee’s financial ability to repay such advanced Expenses and
without any requirement to post security therefor. Notwithstanding the foregoing, this Section 8 shall only apply to an Indemnitee
prior to the qualification of the Company’s common stock as Covered Securities.

 

Section
9. Procedure for Determination of Entitlement to Indemnification.

 

(a) To obtain indemnification under this
Agreement, Indemnitee shall submit to the Company a written request, including therein or therewith such documentation and information
as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what extent Indemnitee is entitled
to indemnification. The Secretary of the Company shall, promptly upon receipt of such a request for indemnification, advise the
Board of Directors in writing that Indemnitee has requested indemnification.

 

(b) Upon written request by Indemnitee for
indemnification pursuant to the first sentence of Section 9(a) hereof, a determination, if required by applicable law, with respect
to Indemnitee’s entitlement thereto shall promptly be made in the specific case: (i) if a Change of Control shall have occurred,
by Independent Counsel in a written opinion to the Board of Directors, a copy of which shall be delivered to Indemnitee; or (ii)
if a Change of Control shall not have occurred, (A) by the Board of Directors (or a duly authorized committee thereof) by a majority
vote of a quorum consisting of Disinterested Directors, or (B) if a quorum of the Board of Directors consisting of Disinterested
Directors is not obtainable or, even if obtainable, such quorum of Disinterested Directors so directs, by Independent Counsel in
a written opinion to the Board of Directors, a copy of which shall be delivered to Indemnitee, or (C) if so directed by a majority
of the members of the Board of Directors, by the stockholders of the Company; and, if it is so determined that Indemnitee is entitled
to indemnification, payment to Indemnitee shall be made within ten (10) days after such determination. Indemnitee shall cooperate
with the person, persons or entity making such determination with respect to Indemnitee’s entitlement to indemnification,
including providing to such person, persons or entity upon reasonable advance request any documentation or information which is
not privileged or otherwise protected from disclosure and which is reasonably available to Indemnitee and reasonably necessary
to such determination. Any costs or Expenses incurred by Indemnitee in so cooperating with the person, persons or entity making
such determination shall be borne by the Company (irrespective of the determination as to Indemnitee’s entitlement to indemnification)
and the Company shall indemnify and hold Indemnitee harmless therefrom.

 

     

     

    

 

Section
10. Presumptions and Effect of Certain Proceedings. 

 

(a) In making a determination with respect
to entitlement to indemnification hereunder, the person or persons or entity making such determination shall presume that Indemnitee
is entitled to indemnification under this Agreement if Indemnitee has submitted a request for indemnification in accordance with
Section 9(a) of this Agreement, and the Company shall have the burden of proof to overcome that presumption in connection with
the making of any determination contrary to that presumption.

 

(b) The termination of any Proceeding by
judgment, order, settlement, conviction, a plea of nolo contendere or its equivalent, or an entry of an order of probation
prior to judgment, does not create a presumption that Indemnitee did not meet the requisite standard of conduct described herein
for indemnification.

 

Section
11. Remedies of Indemnitee. 

 

(a) If (i) a determination is made pursuant
to Section 9 of this Agreement that Indemnitee is not entitled to indemnification under this Agreement, (ii) advance of Expenses
is not timely made pursuant to Section 8 of this Agreement, (iii) no determination of entitlement to indemnification shall have
been made pursuant to Section 9(b) of this Agreement within thirty (30) days after receipt by the Company of the request for indemnification,
(iv) payment of indemnification is not made pursuant to Section 7 of this Agreement within ten (10) days after receipt by
the Company of a written request therefor, or (v) payment of indemnification is not made within ten (10) days after a determination
has been made that Indemnitee is entitled to indemnification, Indemnitee shall be entitled to an adjudication in an appropriate
court of the State of Maryland, or in any other court of competent jurisdiction, of his entitlement to such indemnification or
advance of Expenses. Alternatively, Indemnitee, at his option, may seek an award in arbitration to be conducted by a single arbitrator
pursuant to the commercial Arbitration Rules of the American Arbitration Association. Indemnitee shall commence such proceeding
seeking an adjudication or an award in arbitration within one hundred and eighty (180) days following the date on which Indemnitee
first has the right to commence such proceeding pursuant to this Section 11(a); provided, however, that the foregoing clause
shall not apply to a proceeding brought by Indemnitee to enforce his rights under Section 7 of this Agreement.

 

(b) In any judicial proceeding or arbitration
commenced pursuant to this Section 11 the Company shall have the burden of proving that Indemnitee is not entitled to indemnification
or advance of Expenses, as the case may be.

 

(c) If a determination shall have been made
pursuant to Section 9(b) of this Agreement that Indemnitee is entitled to indemnification, the Company shall be bound by such determination
in any judicial proceeding or arbitration commenced pursuant to this Section 11, absent a misstatement by Indemnitee of a material
fact, or an omission of a material fact necessary to make Indemnitee’s statement not materially misleading, in connection
with the request for indemnification.

 

(d)
In the event that Indemnitee, pursuant to this Section 11, seeks a judicial adjudication of or an award in arbitration to enforce
his rights under, or to recover damages for breach of, this Agreement, Indemnitee shall be entitled to recover from the Company,
and shall be indemnified by the Company for, any and all Expenses actually and reasonably incurred by him in such judicial adjudication
or arbitration. If it shall be determined in such judicial adjudication or arbitration that Indemnitee is entitled to receive
part but not all of the indemnification or advance of Expenses sought, the Expenses incurred by Indemnitee in connection with such
judicial adjudication or arbitration shall be appropriately prorated.

 

     

     

    

 

Section
12. Defense of the Underlying Proceeding. 

 

(a) Indemnitee shall notify the Company
promptly upon being served with or receiving any summons, citation, subpoena, complaint, indictment, information, notice, request
or other document relating to any Proceeding which may result in the right to indemnification or the advance of Expenses hereunder;
provided, however, that the failure to give any such notice shall not disqualify Indemnitee from the right, or otherwise
affect in any manner any right of Indemnitee, to indemnification or the advance of Expenses under this Agreement unless the Company’s
ability to defend in such Proceeding or to obtain proceeds under any insurance policy is materially and adversely prejudiced thereby,
and then only to the extent the Company is thereby actually so prejudiced.

 

(b) Subject to the provisions of the last
sentence of this Section 12(b) and of Section 12(c) below, the Company shall have the right to defend Indemnitee in any Proceeding
which may give rise to indemnification hereunder; provided, however, that the Company shall notify Indemnitee of any such
decision to defend within fifteen (15) calendar days following receipt of notice of any such Proceeding under Section 12(a) above.
The Company shall not, without the prior written consent of Indemnitee, which shall not be unreasonably withheld or delayed, consent
to the entry of any judgment against Indemnitee or enter into any settlement or compromise which (i) includes an admission of fault
of Indemnitee or (ii) does not include, as an unconditional term thereof, the full release of Indemnitee from all liability in
respect of such Proceeding, which release shall be in form and substance reasonably satisfactory to Indemnitee. This Section 12(b)
shall not apply to a Proceeding brought by Indemnitee under Section 11 above or Section 18 below.

 

(c) Notwithstanding the provisions of Section
12(b) above, if in a Proceeding to which Indemnitee is a party by reason of Indemnitee’s Corporate Status, (i) Indemnitee
reasonably concludes, based upon an opinion of counsel approved by the Company, which approval shall not be unreasonably withheld,
that he may have separate defenses or counterclaims to assert with respect to any issue which may not be consistent with other
defendants in such Proceeding, (ii) Indemnitee reasonably concludes, based upon an opinion of counsel approved by the Company,
which approval shall not be unreasonably withheld, that an actual or apparent conflict of interest or potential conflict of interest
exists between Indemnitee and the Company, or (iii) if the Company fails to assume the defense of such Proceeding in a timely manner,
Indemnitee shall be entitled to be represented by separate legal counsel of Indemnitee’s choice, subject to the prior approval
of the Company, which shall not be unreasonably withheld, at the expense of the Company. In addition, if the Company fails to comply
with any of its obligations under this Agreement or in the event that the Company or any other person takes any action to declare
this Agreement void or unenforceable, or institutes any Proceeding to deny or to recover from Indemnitee the benefits intended
to be provided to Indemnitee hereunder, Indemnitee shall have the right to retain counsel of Indemnitee’s choice, subject
to the prior approval of the Company, which shall not be unreasonably withheld, at the expense of the Company (subject to Section
11(d)), to represent Indemnitee in connection with any such matter.

 

Section
13. Non-Exclusivity; Survival of Rights; Subrogation; Insurance; Investment Company Act.

 

(a) The rights of indemnification and advance
of Expenses as provided by this Agreement shall not be deemed exclusive of any other rights to which Indemnitee may at any time
be entitled under applicable law, the Articles of Amendment and Restatement of the Company (as amended from time to time, the “Charter”)
or the Bylaws of the Company (as amended from time to time, the “Bylaws”), any agreement or a resolution
of the stockholders entitled to vote generally in the election of directors or of the Board of Directors, or otherwise. No amendment,
alteration or repeal of this Agreement or of any provision hereof shall limit or restrict any right of Indemnitee under this Agreement
in respect of any action taken or omitted by such Indemnitee in his Corporate Status prior to such amendment, alteration or repeal.

 

     

     

    

 

(b) In the event of any payment under this
Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of Indemnitee, who shall
execute all papers required and take all action necessary to secure such rights, including execution of such documents as are necessary
to enable the Company to bring suit to enforce such rights.

 

(c) The Company shall not be liable under
this Agreement to make any payment of amounts otherwise indemnifiable or payable or reimbursable as expenses hereunder if and to
the extent that (i) Indemnitee has otherwise actually received such payment under any insurance policy, contract, agreement or
otherwise, or (ii) for so long as the Company is subject to the Investment Company Act, indemnification or payment or reimbursement
of expenses would not be permissible under the Investment Company Act.

 

Section
14. Insurance. The Company will use its reasonable best efforts to acquire directors and officers liability insurance,
on terms and conditions deemed appropriate by the Board of Directors of the Company, with the advice of counsel, covering Indemnitee
or any claim made against Indemnitee for service as a director or officer of the Company and covering the Company for any indemnification
or advance of Expenses made by the Company to Indemnitee for any claims made against Indemnitee for service as a director or officer
of the Company. Without in any way limiting any other obligation under this Agreement, the Company shall indemnify Indemnitee for
any payment by Indemnitee arising out of the amount of any deductible or retention and the amount of any excess of the aggregate
of all judgments, penalties, fines, settlements and reasonable Expenses incurred by Indemnitee in connection with a Proceeding
over the coverage of any insurance referred to in the previous sentence.

 

Section
15. Indemnification for Expenses of a Witness. Notwithstanding any other provision of this Agreement, to the
extent that Indemnitee is, by reason of his Corporate Status, a witness in any Proceeding, whether instituted by the Company or
any other party, and to which Indemnitee is not a party, he shall be advanced all reasonable Expenses and indemnified against all
Expenses actually and reasonably incurred by him or on his behalf in connection therewith.

 

Section
16. Duration of Agreement; Binding Effect. 

 

(a) This Agreement shall continue until
and terminate ten (10) years after the date that Indemnitee’s Corporate Status shall have ceased; provided, however,
that the rights of Indemnitee hereunder shall continue until the final termination of any Proceeding then pending in respect of
which Indemnitee is granted rights of indemnification or advance of Expenses hereunder and of any proceeding commenced by Indemnitee
pursuant to Section 11 of this Agreement relating thereto.

 

(b) The indemnification and advance of Expenses
provided by, or granted pursuant to, this Agreement shall be binding upon and be enforceable by the parties hereto and their respective
successors and assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially
all of the business or assets of the Company), shall continue as to an Indemnitee who has ceased to be a director, trustee, officer,
employee or agent of the Company or of any other corporation, partnership, joint venture, trust, employee benefit plan or other
enterprise which such person is or was serving at the written request of the Company, and shall inure to the benefit of Indemnitee
and his spouse, assigns, heirs, devisees, executors and administrators and other legal representatives.

 

(c) The Company shall require and cause
any successor (whether direct or indirect by purchase, merger, consolidation or otherwise) to all, substantially all or a substantial
part, of the business and/or assets of the Company, by written agreement in form and substance satisfactory to Indemnitee, expressly
to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform
if no such succession had taken place.

 

Section
17. Severability. If any provision or provisions of this Agreement shall be held to be invalid, illegal or unenforceable
for any reason whatsoever: (a) the validity, legality and enforceability of the remaining provisions of this Agreement (including,
without limitation, each portion of any section of this Agreement containing any such provision held to be invalid, illegal or
unenforceable that is not itself invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby; and (b)
to the fullest extent possible, the provisions of this Agreement (including, without limitation, each portion of any section of
this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not itself invalid, illegal
or unenforceable) shall be construed so as to give effect to the intent manifested thereby.

 

     

     

    

 

Section
18. Exception to Right of Indemnification or Advance of Expenses. Notwithstanding any other provision of this
Agreement, Indemnitee shall not be entitled to indemnification or advance of Expenses under this Agreement with respect to any
Proceeding brought by Indemnitee, unless (a) the Proceeding is brought to enforce indemnification under this Agreement or otherwise
or (b) the Company’s Bylaws, the Charter, a resolution of the stockholders entitled to vote generally in the election of
directors or of the Board of Directors or an agreement approved by the Board of Directors to which the Company is a party expressly
provide otherwise. In addition, notwithstanding any other provision of this Agreement, Indemnitee shall not be entitled to indemnification
or advance of Expenses under this Agreement to the extent such indemnification or advance of Expenses would conflict with any provision
of the Company’s Bylaws or the Charter, in each case without giving effect to the non-exclusivity provision set forth in
Section 11.08 of the Charter; provided, however, that foregoing restriction not apply and shall be of no force or effect
if and to the extent the Company’s common stock is qualified as a Covered Security.

 

Section
19. Identical Counterparts.  This Agreement may be executed in one or more counterparts, each of which shall
for all purposes be deemed to be an original but all of which together shall constitute one and the same Agreement. One such counterpart
signed by the party against whom enforceability is sought shall be sufficient to evidence the existence of this Agreement.

 

Section
20. Headings. The headings of the paragraphs of this Agreement are inserted for convenience only and shall not
be deemed to constitute part of this Agreement or to affect the construction thereof.

 

Section
21. Modification and Waiver. No supplement, modification or amendment of this Agreement shall be binding unless
executed in writing by both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall
constitute a waiver of any other provisions hereof (whether or not similar) nor shall such waiver constitute a continuing waiver.

 

Section
22. Notices. All notices, requests, demands and other communications hereunder shall be in writing and shall
be deemed to have been duly given if (i) delivered by hand and receipted for by the party to whom said notice or other communication
shall have been directed, or (ii) mailed by certified or registered mail with postage prepaid, on the third business day after
the date on which it is so mailed:

 

(a) If to Indemnitee, to: the address set
forth on the signature page hereto.

 

(b) If to the Company, to:

 

Owl Rock Core Income Corp.

399 Park Avenue, 38th Floor

New York, NY 10022

 

or to such other address as may have been furnished to Indemnitee
by the Company or to the Company by Indemnitee, as the case may be.

 

Section
23. Governing Law. The parties agree that this Agreement shall be governed by, and construed and enforced in
accordance with (i) the laws of the State of Maryland applicable to contracts formed and to be performed entirely within the State
of Maryland, without regard to its conflicts of laws rules, to the extent such rules would require or permit the application of
the laws of another jurisdiction, and (ii) the Investment Company Act. To the extent the applicable laws of the State of Maryland
or any applicable provision of this Agreement shall conflict with the applicable provisions of the Investment Company Act, the
latter shall control.

 

Section
24. Miscellaneous. Use of the masculine pronoun shall be deemed to include usage of the feminine pronoun where
appropriate.

 

[SIGNATURE PAGE FOLLOWS]

 

     

     

    

 

IN WITNESS WHEREOF, the parties hereto have
executed this Agreement on the day and year first above written.

 

	 	Owl Rock Core Income Corp.
	 	 	 
	 	By:	 
	 	Name:  	 
	 	Title:	 

 

		INDEMNITEE
	 	 
	 	
	 	Name:
	 	Title:Exhibit 10.1

 

SKILLZ INC.

2020 OMNIBUS INCENTIVE PLAN

 

		Section
                            1.	General.

 

The purposes of the
Skillz Inc. 2020 Omnibus Incentive Plan (the “Plan”) are to: (a) encourage the profitability and growth of the
Company through short-term and long-term incentives that are consistent with the Company’s objectives; (b) give Participants
an incentive for excellence in individual performance; (c) promote teamwork among Participants; and (d) give the Company a significant
advantage in attracting and retaining key Employees, Directors and Consultants. To accomplish such purposes, the Plan provides
that the Company may grant (i) Options, (ii) Stock Appreciation Rights, (iii) Restricted Shares, (iv) Restricted Stock Units, (v)
Performance-Based Awards (including performance-based Restricted Shares and Restricted Stock Units), (vi) Other Share-Based Awards,
(vii) Other Cash-Based Awards or (viii) any combination of the foregoing.

 

		Section
                            2.	Definitions.

 

For purposes of the
Plan, the following terms shall be defined as set forth below:

 

(a)           “Administrator”
means the Board, or, if and to the extent the Board does not administer the Plan, the Committee in accordance with Section 3 of
the Plan.

 

(b)           “Affiliate”
means a Person that directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common
control with, the Person specified. An entity shall be deemed an Affiliate of the Company for purposes of this definition only
for such periods as the requisite ownership or control relationship is maintained. For purposes of this definition, “control”
(including with correlative meanings, the terms “controlling,” “controlled by,” or “under common
control with”), as used with respect to any Person, shall mean the possession, directly or indirectly, of the power to direct
or cause the direction of the management and policies of such Person, whether through the ownership of voting securities or by
contract or otherwise.

 

(c)           “Articles
of Incorporation” means the articles of incorporation of the Company, as amended and/or restated and in effect from
time to time.

 

(d)           “Automatic
Exercise Date” means, with respect to an Option or a Stock Appreciation Right, the last business day of the applicable
term of the Option pursuant to Section 7(k) or the Stock Appreciation Right pursuant to Section 8(h).

 

(e)          “Award”
means any Option, Stock Appreciation Right, Restricted Share, Restricted Stock Unit, Performance-Based Award, Other Share-Based
Award or Other Cash-Based Award granted under the Plan.

 

(f)        “Award
Agreement” means a written agreement, contract or other instrument or document evidencing the terms and conditions of
an individual Award granted under the Plan. Evidence of an Award may be in written or electronic form, may be limited to notation
on the books and records of the Company and, with the approval of the Administrator, need not be signed by a representative of
the Company or a Participant. Any Shares that become deliverable to the Participant pursuant to the Plan may be issued in certificate
form in the name of the Participant or in book-entry form in the name of the Participant. Each Award Agreement shall be subject
to the terms and conditions of the Plan.

 

(g)           “Beneficial
Owner” (or any variant thereof) has the meaning defined in Rule 13d-3 under the Exchange Act.

 

(h)           “Board”
means the Board of Directors of the Company.

 

    	 	1	 

     

    

 

(i)            “Bylaws”
means the bylaws of the Company, as may be amended and/or restated from time to time.

 

(j)            “Cause”
shall have the meaning assigned to such term in any Company, Subsidiary or Affiliate unexpired employment, severance, or similar
agreement or Award Agreement with a Participant, or if no such agreement exists or if such agreement does not define “Cause”
(or a word of like import), Cause means (i) the Participant’s breach of fiduciary duty or duty of loyalty to the Company,
(ii) the Participant’s conviction of or plea of nolo contendere to a felony or a crime involving moral turpitude, (iii)
the Participant’s failure, refusal or neglect to perform and discharge his or her duties and responsibilities on behalf
of the Company or a Subsidiary of the Company (other than by reason of Disability) or to comply with any lawful directive of the
Board or its designee, (iv) the Participant’s breach of any written policy of the Company or a Subsidiary or Affiliate thereof
(including, without limitation, those relating to sexual harassment or the disclosure or misuse of confidential information),
(v) the Participant’s breach of any agreement with the Company or a Subsidiary or Affiliate thereof (including, without
limitation, any confidentiality, non-competition, non-solicitation or assignment of inventions agreement), (vi) the Participant’s
commission of fraud, dishonesty, theft, embezzlement, self-dealing, misappropriation or other malfeasance against the business
of the Company or a Subsidiary or Affiliate thereof, or (vii) the Participant’s commission of acts or omissions constituting
gross negligence or gross misconduct in the performance of any aspect of his or her lawful duties or responsibilities, which have
or may be expected to have an adverse effect on the Company, its Subsidiaries or Affiliates. A Participant’s employment
shall be deemed to have terminated for “Cause” if, on the date his or her employment terminates, facts and circumstances
exist that would have justified a termination for Cause, to the extent that such facts and circumstances are discovered within
three (3) months following such termination. The Administrator, in its absolute discretion, shall determine the effect of all
matters and questions relating to whether a Participant has been discharged for Cause.

 

(k)         “Change
in Capitalization” means any (i) merger, consolidation, reclassification, recapitalization, spin-off, spin-out, repurchase
or other reorganization or corporate transaction or event, (ii) extraordinary dividend (whether in the form of cash, Shares or
other property), stock split or reverse stock split, (iii) combination or exchange of shares, (iv) other change in corporate structure
or (v) payment of any other distribution, which, in any such case, the Administrator determines, in its sole discretion, affects
the Class A Common Stock (or, with respect to Awards denominated in shares of Class B Common Stock, the Class B Common Stock)
such that an adjustment pursuant to Section 5 of the Plan is appropriate.

 

(l)            “Change
in Control” means the occurrence of any of the following:

 

(i)              any
Person, other than the Company or a Subsidiary thereof, becomes the Beneficial Owner, directly or indirectly, of securities of
the Company representing more than fifty percent (50%) of the combined voting power of the Company’s then outstanding voting
securities (the “Outstanding Company Voting Securities”), excluding any Person who becomes such a Beneficial
Owner in connection with a transaction described in clause (A) of paragraph (iii) below or any acquisition directly from the Company;
or

 

(ii)          the
following individuals cease for any reason to constitute a majority of the number of Directors then serving on the Board: individuals
who, during any period of two (2) consecutive years, constitute the Board and any new Director (other than a Director whose initial
assumption of office is in connection with an actual or threatened election contest, including, but not limited to, a consent
solicitation, relating to the election of Directors of the Company) whose appointment or election by the Board or nomination for
election by the Company’s stockholders was approved or recommended by a vote of at least two-thirds (2/3)
of the Directors then still in office who either were Directors at the beginning of the two (2) year period or whose appointment,
election or nomination for election was previously so approved or recommended; or

 

(iii)            the
consummation of a merger or consolidation of the Company or any Subsidiary thereof with any other corporation, other than a merger
or consolidation (A) that results in the Outstanding Company Voting Securities immediately prior thereto continuing to represent
(either by remaining outstanding or by being converted into voting securities of the surviving entity) at least fifty percent
(50%) of the combined voting power of the Outstanding Company Voting Securities (or such surviving entity or, if the Company or
the entity surviving such merger is then a subsidiary, the ultimate parent thereof) outstanding immediately after such merger
or consolidation, and (B) immediately following which the individuals who comprise the Board immediately prior thereto constitute
at least a majority of the Board of the entity surviving such merger or consolidation or, if the Company or the entity surviving
such merger is then a subsidiary, the ultimate parent thereof; or

 

    	 	2	 

     

    

 

(iv)            the consummation of a plan of complete liquidation or dissolution of the Company or there is consummated an agreement for
the sale or disposition by the Company of all or substantially all of the Company’s assets, other than (A) a sale or disposition
by the Company of all or substantially all of the Company’s assets to an entity, at least fifty percent (50%) of the combined
voting power of the voting securities of which are owned directly or indirectly by stockholders of the Company following the completion
of such transaction in substantially the same proportions as their ownership of the Company immediately prior to such sale or (B)
a sale or disposition of all or substantially all of the Company’s assets immediately following which the individuals who
comprise the Board immediately prior thereto constitute at least a majority of the board of directors of the entity to which such
assets are sold or disposed or, if such entity is a subsidiary, the ultimate parent thereof.

 

For each Award that
constitutes deferred compensation under Code Section 409A, a Change in Control (where applicable) shall be deemed to have
occurred under the Plan with respect to such Award only if a change in the ownership or effective control of the Company or a change
in ownership of a substantial portion of the assets of the Company also constitutes a “change in control event” under
Code Section 409A.

 

Notwithstanding the
foregoing, a “Change in Control” shall not be deemed to have occurred by virtue of the consummation of any transaction
or series of integrated transactions immediately following which the holders of Class A Common Stock immediately prior to such
transaction or series of transactions continue to have substantially the same proportionate ownership in an entity which owns all
or substantially all of the assets of the Company immediately following such transaction or series of transactions.

 

(m)          “Change
in Control Price” shall have the meaning set forth in Section 12 of the Plan.

 

(n)          “Class
A Common Stock” means the Class A common stock, $0.0001 par value per share, of the Company (and any stock or other
securities into which such shares of Class A common stock may be converted or into which they may be exchanged).

 

(o)           “Class
B Common Stock” means the Class B common stock, $0.0001 par value per share, of the Company (and any stock or other
securities into which such shares of Class B common stock may be converted or into which they may be exchanged).

 

(p)          “Code”
means the Internal Revenue Code of 1986, as amended from time to time, or any successor thereto. Any reference to a section of
the Code shall be deemed to include a reference to any regulations promulgated thereunder.

 

(q)          “Committee”
means any committee or subcommittee the Board may appoint to administer the Plan. Subject to the discretion of the Board, the
Committee shall be composed entirely of individuals who meet the qualifications of a “non-employee director” within
the meaning of Rule 16b-3 under the Exchange Act and any other qualifications required by the applicable stock exchange on
which the Shares are traded. If at any time or to any extent the Board shall not administer the Plan, then the functions of the
Administrator specified in the Plan shall be exercised by the Committee. Except as otherwise provided in the Company’s Articles
of Incorporation or Bylaws, any action of the Committee with respect to the administration of the Plan shall be taken by a majority
vote at a meeting at which a quorum is duly constituted or unanimous written consent of the Committee’s members.

 

    	 	3	 

     

    

 

(r)           “Common
Stock” means, individually or collectively (as the context requires), the Class A Common Stock and the Class B Common
Stock. The Award Agreement with respect to an Award shall designate whether such Award relates to the Class A Common Stock or
the Class B Common Stock.

 

(s)          “Company”
means Skillz Inc., a Delaware corporation (or any successor corporation, except as the term “Company” is used in the
definition of “Change in Control” above).

 

(t)          “Consultant” means any current or prospective consultant or independent contractor of the Company or
an Affiliate thereof, in each case, who is not an Employee, Executive Officer or Non-Employee Director.

 

(u)           “Director”
means any individual who is a member of the Board on or after the Effective Date.

 

(v)           “Disability”
means, with respect to any Participant who is an Employee, a permanent and total disability as defined in Code Section 22(e)(3).

 

(w)          “Effective
Date” shall have the meaning set forth in Section 22 of the Plan.

 

(x)           “Eligible
Recipient” means, with respect to an Award denominated in Class A Common Stock issued under the Plan: (i) an Employee;
(ii) a Non-Employee Director; or (iii) a Consultant, in each case, who has been selected as an eligible recipient under the Plan
by the Administrator; provided, that any Awards granted prior to the date an Eligible Recipient first performs services for the
Company or an Affiliate thereof will not become vested or exercisable, and no Shares shall be issued or other payment made to
such Eligible Recipient with respect to such Awards, prior to the date on which such Eligible Recipient first performs services
for the Company or an Affiliate thereof. Notwithstanding the foregoing, to the extent required to avoid the imposition of additional
taxes under Code Section 409A, “Eligible Recipient” means: an (1) Employee; (2) a Non-Employee Director; or (3) a
Consultant, in each case, of the Company or a Subsidiary thereof, who has been selected as an eligible recipient under the Plan
by the Administrator. With respect to an Award denominated in Class B Common Stock issued under the Plan, “Eligible Recipient”
means any Employee, Non-Employee Director or Consultant who is a Qualified Stockholder, as defined in and determined under the
Company’s Articles of Incorporation, and who has been selected as an eligible recipient under the Plan by the Administrator.

 

(y)          “Employee”
shall mean any current or prospective employee of the Company or an Affiliate thereof, as described in Treasury Regulation Section
1.421-1(h), including an Executive Officer or Director who is also treated as an employee.

 

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

 

(aa)         “Executive
Officer” means each Participant who is an executive officer (within the meaning of Rule 3b-7 under the Exchange Act)
of the Company.

 

(bb)         “Exercise
Price” means, with respect to any Award under which the holder may purchase Shares, the price per share at which a holder
of such Award granted hereunder may purchase Shares issuable upon exercise of such Award, as determined by the Administrator in
accordance with Code Section 409A, as applicable.

 

(cc)         “Fair
Market Value” as of a particular date shall mean: (i) if the Shares are listed on any established stock exchange
or a national market system, including, without limitation, the New York Stock Exchange or the Nasdaq Stock Market, the Fair Market
Value shall be the closing price of a Share (or if no sales were reported, the closing price on the date immediately preceding
such date) as quoted on such exchange or system on the day of determination; (ii) if the Shares are not then listed on a national
securities exchange, the average of the highest reported bid and lowest reported asked prices for a Share as reported by the National
Association of Securities Dealers, Inc. Automated Quotations System for the last preceding date on which there was a sale
of such stock in such market; or (iii) whether or not the Shares are then listed on a national securities exchange or traded
in an over-the-counter market or the value of such Shares is not otherwise determinable, such value as determined by the Administrator
in good faith and in a manner not inconsistent with the regulations under Code Section 409A.

 

    	 	4	 

     

    

 

(dd)         “Free Standing Rights” shall have the meaning set forth in Section 8(a) of the Plan.

 

(ee)         “Incentive
Stock Option” means an Option that is designated by the Committee as an incentive stock option within the meaning of
Section 422 of the Code and that meets the requirements set out in the Plan.

 

(ff)           “Non-Employee
Director” means a Director who is not an Employee.

 

 

(gg)         “Nonqualified
Stock Option” means an Option that by its terms does not qualify or is not intended to qualify as an Incentive Stock
Option.

 

(hh)       “Outstanding
Class A Shares” means the then-outstanding shares of Class A Common Stock of the Company, taking into account as outstanding
for this purpose such Common Stock issuable upon the exercise of Options or warrants, the conversion of convertible stock or debt,
and the exercise of any similar right to acquire such Common Stock.

 

(ii)         “Outstanding
Class B Shares” means the then-outstanding shares of Class B Common Stock of the Company, taking into account as outstanding
for this purpose such Common Stock issuable upon the exercise of Options or warrants, the conversion of convertible stock or debt,
and the exercise of any similar right to acquire such Common Stock.

 

(jj)           “Option” means an option to purchase Shares granted pursuant to Section 7 of the Plan.

 

(kk)         “Other
Cash-Based Award” means a cash Award granted to a Participant under Section 11 of the Plan, including cash awarded as
a bonus or upon the attainment of Performance Goals or otherwise as permitted under the Plan.

 

(ll)           “Other
Share-Based Award” means a right or other interest granted to a Participant under the Plan that may be denominated or
payable in, valued in whole or in part by reference to, or otherwise based on or related to, Shares, including, but not limited
to, unrestricted Shares or dividend equivalents, each of which may be subject to the attainment of Performance Goals or a period
of continued employment or other terms or conditions as permitted under the Plan.

 

(mm)       “Participant” means any Eligible Recipient selected by the Administrator, pursuant to the Administrator’s
authority provided for in Section 3 of the Plan, to receive an Award under the Plan, and, upon his or her death, his or her successors,
heirs, executors and administrators, as the case may be, solely with respect to any Awards outstanding at the date of the Eligible
Recipient’s death.

 

(nn)         “Performance-Based Award” means any Award granted under the Plan that is subject to one or more Performance
Goals. Any dividends or dividend equivalents payable or credited to a Participant with respect to any unvested Performance-Based
Award shall be subject to the same Performance Goals as the Shares or units underlying the Performance-Based Award.

 

    	 	5	 

     

    

 

(oo)         “Performance
Goals” means performance goals based on performance criteria selected by the Administrator, which may include, but are
not limited to, any of the following: (i) earnings before interest and taxes; (ii) earnings before interest, taxes, depreciation
and amortization; (iii) net operating profit after tax; (iv) cash flow; (v) revenue; (vi) net revenues; (vii) sales; (viii) days
sales outstanding; (ix) income; (x) net income; (xi) operating income; (xii) net operating income; (xiii) operating margin; (xiv)
earnings; (xv) earnings per share; (xvi) return on equity; (xvii) return on investment; (xviii) return on capital; (xix) return
on assets; (xx) return on net assets; (xxi) total shareholder return; (xxii) economic profit; (xxiii) market share; (xxiv) appreciation
in the fair market value, book value or other measure of value of the Shares; (xxv) expense or cost control; (xxvi) working capital;
(xxvii) customer satisfaction; (xxviii) employee retention or employee turnover; (xxix) employee satisfaction or engagement; (xxx)
environmental, health or other safety goals; (xxxi) individual performance; (xxxii) strategic objective milestones; (xxxiii) any
other criteria specified by the Administrator in its sole discretion; and (xxxiv) any combination of, or a specified increase
or decrease in, as applicable, any of the foregoing. Where applicable, the Performance Goals may be expressed in terms of attaining
a specified level of the particular criteria or the attainment of a percentage increase or decrease in the particular criteria,
and may be applied to one or more of the Company or an Affiliate thereof, or a division or strategic business unit of the Company,
or may be applied to the performance of the Company relative to a market index, a group of other companies or a combination thereof,
all as determined by the Administrator. The Performance Goals may include a threshold level of performance below which no payment
shall be made (or no vesting shall occur), levels of performance at which specified payments shall be made (or specified vesting
shall occur), and a maximum level of performance above which no additional payment shall be made (or at which full vesting shall
occur). At the time such an Award is granted, the Administrator may specify any reasonable definition of the Performance Goals
it uses. Such definitions may provide for equitable adjustments to the Performance Goals in recognition of unusual or non-recurring
events affecting the Company or an Affiliate thereof or the financial statements of the Company or an Affiliate thereof, in response
to changes in applicable laws or regulations, or to account for items of gain, loss or expense determined to be unusual in nature,
infrequent in occurrence or unusual in nature and infrequent in occurrence or related to the disposal of a segment of a business
or related to a change in accounting principles. If the Administrator determines that a change in the business, operations, corporate
structure or capital structure of the Company or the manner in which the Company or an Affiliate conducts its business, or other
events or circumstances render performance goals to be unsuitable, the Administrator may modify such Performance Goals in whole
or in part, as the Committee deems appropriate. If a Participant is promoted, demoted or transferred to a different business unit
or function during a performance period, the Administrator may determine that the Performance Goals or performance period are
no longer appropriate and may (x) adjust, change or eliminate the Performance Goals or the applicable performance period as it
deems appropriate to make such goals and period comparable to the initial goals and period, or (y) make a cash payment to the
Participant in an amount determined by the Administrator.

 

(pp)        “Person” shall have the meaning given in Section 3(a)(9) of the Exchange Act, as modified and used in
Sections 13(d) and 14(d) thereof, however, a Person shall not include (i) the Company or any of its Subsidiaries; (ii) a trustee
or other fiduciary holding securities under an employee benefit plan of the Company or any of its Subsidiaries; (iii) an underwriter
temporarily holding securities pursuant to an offering of such securities; or (iv) a corporation owned, directly or indirectly,
by the stockholders of the Company in substantially the same proportion as their ownership of stock of the Company.

 

(qq)         “Plan”
means this Skillz Inc. 2020 Omnibus Incentive Plan, as amended and/or amended and restated from time to time.

 

(rr)          “Related
Rights” shall have the meaning set forth in Section 8(a) of the Plan.

 

(ss)         “Restricted
Shares” means an Award of Shares granted pursuant to Section 9 of the Plan subject to certain restrictions that lapse
at the end of a specified period or periods.

 

(tt)          “Restricted Stock Unit” means a notional account established pursuant to an Award granted to a Participant,
as described in Section 10 of the Plan, that is (i) valued solely by reference to Shares, (ii) subject to restrictions specified
in the Award Agreement, and (iii) payable in cash or in Shares (as specified in the Award Agreement). The Restricted Stock Units
awarded to the Participant will vest according to the time-based criteria or Performance Goals, and vested Restricted Stock Units
will be settled at the time(s), specified in the Award Agreement.

 

    	 	6	 

     

    

 

(uu)       “Restricted
Period” means the period of time determined by the Administrator during which an Award or a portion thereof is subject
to restrictions or, as applicable, the period of time within which performance is measured for purposes of determining whether
an Award has been earned.

 

(vv)         “Rule
16b-3” shall have the meaning set forth in Section 3(a) of the Plan.

 

(ww)       “Securities Act” means the Securities Act of 1933, as amended from time to time.

 

(xx)          “Share” means a share of Common Stock.

 

(yy)        “Stock
Appreciation Right” means the right pursuant to an Award granted under Section 8 of the Plan to receive an amount equal
to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of
the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion
thereof.

 

(zz)         “Subsidiary” means, with respect to any Person, as of any date of determination, any other Person as
to which such first Person owns or otherwise controls, directly or indirectly, more than fifty percent (50%) of the voting shares
or other similar interests or a sole general partner interest or managing member or similar interest of such other Person. An entity
shall be deemed a Subsidiary of the Company for purposes of this definition only for such periods as the requisite ownership or
control relationship is maintained. Notwithstanding the foregoing, in the case of an Incentive Stock Option or any determination
relating to an Incentive Stock Option, “Subsidiary” means a corporation that is a subsidiary of the Company within
the meaning of Code Section 424(f).

 

(aaa)      “Substitute Award” shall mean an Award granted under the Plan upon the assumption of, or in substitution
for, outstanding equity awards granted by a company or other entity in connection with a corporate transaction, such as a merger,
combination, consolidation, or acquisition of property or stock; provided, however, that in no event shall the term
 “Substitute Award” be construed to refer to an award made in connection with the cancellation and repricing of an Option
or Stock Appreciation Right.

 

		Section
                            3.	Administration.

 

(a)          The
Plan shall be administered by the Administrator in accordance with the requirements of Rule 16b-3 under the Exchange Act
(“Rule 16b-3”), to the extent applicable.

 

(b)          Pursuant
to the terms of the Plan, the Administrator, subject, in the case of any Committee, to any restrictions on the authority delegated
to it by the Board, shall have the power and authority, without limitation:

 

(i)              to select those Eligible Recipients who shall be Participants;

 

(ii)            to
determine whether and to what extent Options, Stock Appreciation Rights, Restricted Shares, Restricted Stock Units, Other Share-Based
Awards, Other Cash-Based Awards or a combination of any of the foregoing, are to be granted hereunder to Participants;

 

(iii)          to
determine the number of Shares to be made subject to each Award (and whether such Award will be denominated in shares of Class
A Common Stock or Class B Common Stock);

 

(iv)            to
determine the terms and conditions, not inconsistent with the terms of the Plan, of each Award granted hereunder, including, but
not limited to, (A) the restrictions applicable to Awards and the conditions under which restrictions applicable to such Awards
shall lapse, (B) the Performance Goals and performance periods applicable to Awards, if any, (C) the Exercise Price of each
Award, (D) the vesting schedule applicable to each Award, (E) any confidentiality or restrictive covenant provisions applicable
to the Award, and (F) subject to the requirements of Code Section 409A (to the extent applicable), any amendments to the
terms and conditions of outstanding Awards, including, but not limited to, extending the exercise period of such Awards and accelerating
the vesting schedule of such Awards;

 

    	 	7	 

     

    

 

(v)           to
determine the terms and conditions, not inconsistent with the terms of the Plan, which shall govern all Award Agreements evidencing
Options, Stock Appreciation Rights, Restricted Shares, Restricted Stock Units or Other Share-Based Awards, Other Cash-Based Awards
or any combination of the foregoing granted hereunder;

 

(vi)            to
determine Fair Market Value;

 

(vii)           to
determine the duration and purpose of leaves of absence which may be granted to a Participant without constituting termination
of the Participant’s employment for purposes of Awards granted under the Plan;

 

(viii)          to
adopt, alter and repeal such administrative rules, guidelines and practices governing the Plan as it shall from time to time deem
advisable;

 

(ix)           to
reconcile any inconsistency in, correct any defect in and/or supply any omission in the Plan, any Award Agreement or other instrument
or agreement relating to the Plan or an Award granted under the Plan; and

 

(x)            to
construe and interpret the terms and provisions of the Plan and any Award issued under the Plan (and any Award Agreement relating
thereto), and to otherwise supervise the administration of the Plan and to exercise all powers and authorities either specifically
granted under the Plan or necessary and advisable in the administration of the Plan.

 

(c)         All
decisions made by the Administrator pursuant to the provisions of the Plan shall be final, conclusive and binding on all persons,
including the Company and the Participants. No member of the Board or the Committee, or any officer or employee of the Company
or any Subsidiary thereof acting on behalf of the Board or the Committee, shall be personally liable for any action, omission,
determination, or interpretation taken or made in good faith with respect to the Plan, and all members of the Board or the Committee
and each and any officer or employee of the Company and of any Subsidiary thereof acting on their behalf shall, to the maximum
extent permitted by law, be fully indemnified and protected by the Company in respect of any such action, omission, determination
or interpretation.

 

		Section
                            4.	Shares Reserved for Issuance Under the Plan and Limitations
on Awards.

 

(a)         Subject
to adjustment in accordance with Section 5 of the Plan, the Administrator is authorized to deliver with respect to Awards granted
under the Plan an aggregate of 39,669,278 shares of Class A Common Stock; provided, that the total number of shares of Class A
Common Stock that will be reserved, and that may be issued, under the Plan will automatically increase on the first trading day
of each calendar year, beginning with calendar year 2021, by a number of Class A Common Shares equal to five percent (5%) of the
total number of Outstanding Class A Shares on the last day of the prior calendar year. Notwithstanding the foregoing, the Administrator
may act prior to January 1 of a given year to provide that there will be no such increase in the share reserve for that year or
that the increase in the share reserve for such year will be a lesser number of Class A Common Shares than provided herein.

 

(b)          In
addition, subject to adjustment in accordance with Section 5 of the Plan, the Administrator is authorized to deliver with respect
to Awards granted under the Plan an aggregate of 8,172,581 shares of Class B Common Stock; provided, that the total number of
shares of Class B Common Stock that will be reserved, and that may be issued, under the Plan will automatically increase on the
first trading day of each calendar year, beginning with calendar year 2021, by a number of Class B Common Shares equal to five
percent (5%) of the total number of Outstanding Class B Shares on the last day of the prior calendar year. Notwithstanding the
foregoing, the Administrator may act prior to January 1 of a given year to provide that there will be no such increase in the
share reserve for that year or that the increase in the share reserve for such year will be a lesser number of Class B Common
Shares than provided herein.

 

    	 	8	 

     

    

 

(c)         Notwithstanding
anything herein to the contrary, the maximum number of Shares subject to Awards granted
during any fiscal year to any Non-Employee Director, taken together with any cash fees paid to such Non-Employee Director during
the fiscal year with respect to such Director’s service as a Non-Employee Director, shall not exceed $750,000 (calculating
the value of any such Awards based on the grant date Fair Market Value of such Awards for financial reporting purposes).

 

(d)          Shares
issued under the Plan may, in whole or in part, be authorized but unissued Shares or Shares that shall have been or may be reacquired
by the Company in the open market, in private transactions or otherwise. Any shares of Class A Common Stock subject to an Award
under the Plan that, after the Effective Date, are forfeited, canceled, settled or otherwise terminated without a distribution
of Shares to a Participant will thereafter be deemed to be available for Awards, and any shares of Class B Common Stock subject
to an Award under the Plan that, after the Effective Date, are forfeited, canceled, settled or otherwise terminated without a
distribution of Shares to a Participant will thereafter be deemed to be available for Awards with respect to shares of Class A
Common Stock. In applying the immediately preceding sentence, if (i) Shares otherwise issuable or issued in respect of, or as
part of, any Award are withheld to cover taxes or any applicable Exercise Price, such Shares shall be treated as having been issued
under the Plan and shall not be available for issuance under the Plan, and (ii) any Share-settled Stock Appreciation Rights or
Options are exercised, the aggregate number of Shares subject to such Stock Appreciation Rights or Options shall be deemed issued
under the Plan and shall not be available for issuance under the Plan. In addition, Shares (x) tendered to exercise outstanding
Options or other Awards, (y) withheld to cover applicable taxes on any Awards or (z) repurchased on the open market using Exercise
Price proceeds shall not be available for issuance under the Plan. For the avoidance of doubt, (A) Shares underlying Awards that
are subject to the achievement of performance goals shall be counted against the Share reserve based on the target value of such
Awards unless and until such time as such Awards become vested and settled in Shares, and (B) Awards that, pursuant to their terms,
may be settled only in cash shall not count against the Share reserve set forth in Section 4(a).

 

(e)          Substitute
Awards shall not reduce the Shares authorized for grant under the Plan. In the event that a company acquired by the Company or
any Affiliate or with which the Company or any Affiliate combines has shares available under a pre-existing plan approved by stockholders
and not adopted in contemplation of such acquisition or combination, the shares available for grant pursuant to the terms of such
pre-existing plan (as adjusted, to the extent appropriate, using the exchange ratio or other adjustment or valuation ratio or
formula used in such acquisition or combination to determine the consideration payable to the holders of common stock of the entities
party to such acquisition or combination) may be used for Awards under the Plan and shall not reduce the Shares authorized for
grant under the Plan; provided, that Awards using such available Shares shall not be made after the date awards or
grants could have been made under the terms of the pre-existing plan, absent the acquisition or combination, and shall only be
made to individuals who were not employed by or providing services to the Company or its Affiliates immediately prior to such
acquisition or combination.

 

(f)           In the event that the Company or an Affiliate thereof consummates a transaction described in Code Section 424(a) (e.g.,
the acquisition of property or stock from an unrelated corporation), persons who become Employees or Directors in account of such
transaction may be granted Substitute Awards in substitution for awards granted by their former employer, and any such substitute
Options or Stock Appreciation Rights may be granted with an Exercise Price less than the Fair Market Value of a Share on the grant
date thereof; provided, however, the grant of such substitute Option or Stock Appreciation Right shall not constitute a “modification”
as defined in Code Section 424(h)(3) and the applicable Treasury regulations.

 

    	 	9	 

     

    

 

		Section
                            5.	Equitable Adjustments.

 

In
the event of any Change in Capitalization, including, without limitation, a Change in Control, an equitable substitution or proportionate
adjustment shall be made, in each case, as may be determined by the Administrator, in its sole discretion, in (a) the aggregate
number of Shares reserved for issuance under the Plan, (b) the kind, number and Exercise Price subject to outstanding Options and
Stock Appreciation Rights granted under the Plan; provided, however, that any such substitution or adjustment with
respect to Options and Stock Appreciation Rights shall occur in accordance with the requirements of Code Section 409A, and (c)
the kind, number and purchase price of Shares subject to outstanding Restricted Shares or Other Share-Based Awards granted under
the Plan, in each case as may be determined by the Administrator, in its sole discretion; provided, however, that
any fractional Shares resulting from the adjustment shall be eliminated. Such other equitable substitutions or adjustments shall
be made as may be determined by the Administrator, in its sole discretion. Without limiting the generality of the foregoing, in
connection with a Change in Capitalization, the Administrator may provide, in its sole discretion, for the cancellation of any
outstanding Award granted hereunder (i) in exchange for payment in cash or other property having an aggregate Fair Market Value
of the Shares covered by such Award, reduced by the aggregate Exercise Price or purchase price thereof, if any, and (ii) with respect
to any Awards for which the Exercise Price or purchase price per share of Common Stock is greater than or equal to the then current
Fair Market Value per share of Common Stock, for no consideration. Notwithstanding anything contained in the Plan to the contrary,
any adjustment with respect to an Incentive Stock Option due to an adjustment or substitution described in this Section
5 shall comply with the rules of Code Section 424(a), and in no event shall any adjustment be made which would render any Incentive
Stock Option granted hereunder to be disqualified as an incentive stock option for purposes of Code Section 422. The Administrator’s
determinations pursuant to this Section 5 shall be final, binding and conclusive.

 

		Section
                            6.	Eligibility.

 

The Participants under
the Plan shall be selected from time to time by the Administrator, in its sole discretion, from among Eligible Recipients.

 

		Section
                            7.	Options.

 

(a)          General.
The Administrator may, in its sole discretion, grant Options to Participants. Solely with respect to Participants who are Employees,
the Administrator may grant Incentive Stock Options, Nonqualified Stock Options or a combination of both. With respect to all
other Participants, the Administrator may grant only Nonqualified Stock Options. Each Participant who is granted an Option shall
enter into an Award Agreement with the Company, containing such terms and conditions as the Administrator shall determine, in
its sole discretion, which Award Agreement shall specify whether the Option is an Incentive Stock Option or a Nonqualified Stock
Option and shall set forth, among other things, the Exercise Price of the Option, the term of the Option and provisions regarding
exercisability of the Option granted thereunder. The provisions of each Option need not be the same with respect to each Participant.
More than one Option may be granted to the same Participant and be outstanding concurrently hereunder. Options granted under the
Plan shall be subject to the terms and conditions set forth in this Section 7 and shall contain such additional terms and conditions,
not inconsistent with the terms of the Plan, as the Administrator shall deem desirable and set forth in the applicable Award Agreement.
The prospective recipient of an Option shall not have any rights with respect to such Award, unless and until such recipient has
received an Award Agreement and, if required by the Administrator in the Award Agreement, executed and delivered a fully executed
copy thereof to the Company, within a period of sixty (60) days (or such other period as the Administrator may specify) after
the award date.

 

(b)          Limits
on Incentive Stock Options. If the Administrator grants Incentive Stock Options, then to the extent that the aggregate fair
market value of Shares with respect to which Incentive Stock Options are exercisable for the first time by any individual during
any calendar year (under all plans of the Company) exceeds $100,000, such Options will be treated as Nonqualified Stock Options
to the extent required by Code Section 422. Subject to Section 5, the maximum number of shares that may be issued pursuant to
Options intended to be Incentive Stock Options is 39,669,278 Shares and, for the avoidance of doubt, such share limit shall not
be subject to the annual adjustment provided in Section 4(b).

 

    	 	10	 

     

    

 

(c)         Exercise
Price. The Exercise Price of Shares purchasable under an Option shall be determined by the Administrator in its sole discretion
at the time of grant; provided, however, that (i) in no event shall the Exercise Price of an Option be less than
one hundred percent (100%) of the Fair Market Value of a Share on the date of grant, and (ii) no Incentive Stock Option granted
to a ten percent (10%) stockholder of the Company (within the meaning of Code Section 422(b)(6)) shall have an Exercise Price
per Share less than one-hundred ten percent (110%) of the Fair Market Value of a Share on such date.

 

(d)         Option
Term. The maximum term of each Option shall be fixed by the Administrator, but in no event shall (i) an Option be exercisable
more than ten (10) years after the date such Option is granted, and (ii) an Incentive Stock Option granted to a ten percent
(10%) stockholder of the Company (within the meaning of Code Section 422(b)(6)) be exercisable more than five (5) years after
the date such Option is granted. Each Option’s term is subject to earlier expiration pursuant to the applicable provisions
in the Plan and the Award Agreement. Notwithstanding the foregoing, the Administrator shall have the authority to accelerate the
exercisability of any outstanding Option at such time and under such circumstances as the Administrator, in its sole discretion,
deems appropriate. Notwithstanding any contrary provision in this Plan (including, without limitation, Section 7(h)), if, on the
date an outstanding Option would expire, the exercise of the Option, including by a “net exercise” or “cashless”
exercise, would violate applicable securities laws or any insider trading policy maintained by the Company from time to time,
the expiration date applicable to the Option will be extended, except to the extent such extension would violate Code Section
409A, to a date that is thirty (30) calendar days after the date the exercise of the Option would no longer violate applicable
securities laws or any such insider trading policy.

 

(e)         Exercisability.
Each Option shall be exercisable at such time or times and subject to such terms and conditions, including the attainment of pre-established
Performance Goals, as shall be determined by the Administrator in the applicable Award Agreement. The Administrator may also provide
that any Option shall be exercisable only in installments, and the Administrator may waive such installment exercise provisions
at any time, in whole or in part, based on such factors as the Administrator may determine in its sole discretion. Notwithstanding
anything to the contrary contained herein, an Option may not be exercised for a fraction of a share.

 

(f)         Method
of Exercise. Options may be exercised in whole or in part by giving written notice of exercise to the Company specifying the
number of Shares to be purchased, accompanied by payment in full of the aggregate Exercise Price of the Shares so purchased in
cash or its equivalent, as determined by the Administrator. As determined by the Administrator, in its sole discretion, with respect
to any Option or category of Options, payment in whole or in part may also be made (i) by means of consideration received under
any cashless exercise procedure approved by the Administrator (including the withholding of Shares otherwise issuable upon exercise),
(ii) in the form of unrestricted Shares already owned by the Participant which have a Fair Market Value on the date of surrender
equal to the aggregate Exercise Price of the Shares as to which such Option shall be exercised, (iii) any other form of consideration
approved by the Administrator and permitted by applicable law, or (iv) any combination of the foregoing. In determining which
methods a Participant may utilize to pay the Exercise Price, the Administrator may consider such factors as it determines are
appropriate; provided, however, that with respect to Incentive Stock Options, all such discretionary determinations
shall be made by the Administrator at the time of grant and specified in the Award Agreement.

 

(g)         Rights as Stockholder. A Participant shall have no rights to dividends or any other rights of a stockholder with
respect to the Shares subject to an Option until the Participant has given written notice of the exercise thereof, has paid in
full for such Shares and has satisfied the requirements of Section 16 of the Plan.

 

    	 	11	 

     

    

 

(h)         Termination
of Employment or Service. Unless the applicable Award Agreement provides otherwise, in the event that the employment or service
of a Participant with the Company and all Affiliates thereof shall terminate, the following terms and conditions shall apply:

 

(i)                 In
the event of the termination of a Participant’s employment or service by the Company without Cause or due to a resignation
by the Participant for any reason, (A) Options granted to such Participant, to the extent that they are exercisable at the time
of such termination, shall remain exercisable until the date that is ninety (90) days after such termination (with such period
being extended to one (1) year after the date of such termination in the event of the Participant’s death during such ninety
(90) day period), on which date they shall expire, and (B) Options granted to such Participant, to the extent that they were not
exercisable at the time of such termination, shall expire at the close of business on the date of such termination. Notwithstanding
the foregoing, no Option shall be exercisable after the expiration of its term.

 

(ii)             In the event of the termination of a Participant’s employment or service as a result of the Participant’s Disability
or death, (A) Options granted to such Participant, to the extent that they were exercisable at the time of such termination, shall
remain exercisable until the date that is one (1) year after such termination, on which date they shall expire, and (B) Options
granted to such Participant, to the extent that they were not exercisable at the time of such termination, shall expire at the
close of business on the date of such termination. Notwithstanding the foregoing, no Option shall be exercisable after the expiration
of its term.

 

(iii)           In
the event of the termination of a Participant’s employment or service for Cause, all outstanding Options granted to such
Participant shall expire at the commencement of business on the date of such termination.

 

(iv)               For
purposes of determining which Options are exercisable upon termination of employment or service for purposes of this Section 7(h),
Options that are not exercisable solely due to a blackout period shall be considered exercisable.

 

(v)            Notwithstanding
anything herein to the contrary, an Incentive Stock Option may not be exercised more than three (3) months following the date
as of which a Participant ceases to be an Employee for any reason other than death or Disability. In the event that an Option
is exercisable following the date that is three (3) months following the date as of which a Participant ceases to be an Employee
for any reason other than death or Disability, such Option shall be deemed to be a Nonqualified Stock Option.

 

(i)          Other
Change in Employment Status. An Option may be affected, both with regard to vesting schedule and termination, by leaves of
absence, changes from full-time to part-time employment, partial disability or other changes in the employment status or service
of a Participant, as evidenced in a Participant’s Award Agreement.

 

(j)          Change
in Control. Notwithstanding anything herein to the contrary, upon a Change in Control, all outstanding Options shall be subject
to Section 12 of the Plan.

 

(k)         Automatic
Exercise. Unless otherwise provided by the Administrator in an Award Agreement or otherwise, or as otherwise directed by the
Participant in writing to the Company, each vested and exercisable Option outstanding on the Automatic Exercise Date with an Exercise
Price per Share that is less than the Fair Market Value per Share as of such date shall automatically and without further action
by the Participant or the Company be exercised on the Automatic Exercise Date. In the sole discretion of the Administrator, payment
of the exercise price of any such Option shall be made pursuant to Section 7(f)(i) or (ii), and the Company or any Affiliate shall
deduct or withhold an amount sufficient to satisfy all taxes associated with such exercise in accordance with Section 16. Unless
otherwise determined by the Administrator, this Section 7(k) shall not apply to an Option if the Participant’s employment
or service has terminated on or before the Automatic Exercise Date. For the avoidance of doubt, no Option with an Exercise Price
per Share that is equal to or greater the Fair Market Value per Share on the Automatic Exercise Date shall be exercised pursuant
to this Section 7(k).

 

    	 	12	 

     

    

 

		Section
                            8.	Stock Appreciation Rights.

 

(a)          General.
Stock Appreciation Rights may be granted either alone (“Free Standing Rights”) or in conjunction with all or
part of any Option granted under the Plan (“Related Rights”). Any Related Right that relates to a Nonqualified
Stock Option may be granted at the same time the Option is granted or at any time thereafter, but before the exercise or expiration
of the Option. Any Related Right that relates to an Incentive Stock Option must be granted at the same time the Incentive Stock
Option is granted. The Administrator shall determine the Eligible Recipients to whom, and the time or times at which, grants of
Stock Appreciation Rights shall be made, the number of Shares to be awarded, the price per Share, and all other conditions of
Stock Appreciation Rights. Notwithstanding the foregoing, no Related Right may be granted for more Shares than are subject to
the Option to which it relates and any Stock Appreciation Right must be granted with an Exercise Price not less than the Fair
Market Value of a Share on the date of grant. The provisions of Stock Appreciation Rights need not be the same with respect to
each Participant. Stock Appreciation Rights granted under the Plan shall be subject to the following terms and conditions set
forth in this Section 8 and shall contain such additional terms and conditions, not inconsistent with the terms of the Plan, as
the Administrator shall deem desirable, as set forth in the applicable Award Agreement.

 

(b)         Awards;
Rights as Stockholder. The prospective recipient of a Stock Appreciation Right shall not have any rights with respect to such
Award, unless and until such recipient has received an Award Agreement and, if required by the Administrator in the Award Agreement,
executed and delivered a fully executed copy thereof to the Company, within a period of sixty (60) days (or such other period
as the Administrator may specify) after the award date. Participants who are granted Stock Appreciation Rights shall have no rights
as stockholders of the Company with respect to the grant or exercise of such rights.

 

(c)          Exercisability.

 

(i)             Stock
Appreciation Rights that are Free Standing Rights shall be exercisable at such time or times and subject to such terms and conditions
as shall be determined by the Administrator in the applicable Award Agreement.

 

(ii)             Stock
Appreciation Rights that are Related Rights shall be exercisable only at such time or times and to the extent that the Options
to which they relate shall be exercisable in accordance with the provisions of Section 7 above and this Section 8 of the Plan.

 

(d)          Payment
Upon Exercise.

 

(i)             Upon the exercise of a Free Standing Right, the Participant shall be entitled to receive up to, but not more than, that
number of Shares, determined using the Fair Market Value, equal in value to the excess of the Fair Market Value as of the date
of exercise over the price per share specified in the Free Standing Right multiplied by the number of Shares in respect of which
the Free Standing Right is being exercised.

 

(ii)            A
Related Right may be exercised by a Participant by surrendering the applicable portion of the related Option. Upon such exercise
and surrender, the Participant shall be entitled to receive up to, but not more than, that number of Shares, determined using
the Fair Market Value, equal in value to the excess of the Fair Market Value as of the date of exercise over the Exercise Price
specified in the related Option multiplied by the number of Shares in respect of which the Related Right is being exercised. Options
which have been so surrendered, in whole or in part, shall no longer be exercisable to the extent the Related Rights have been
so exercised.

 

(iii)           Notwithstanding
the foregoing, the Administrator may determine to settle the exercise of a Stock Appreciation Right in cash (or in any combination
of Shares and cash).

 

    	 	13	 

     

    

 

(e)          Termination
of Employment or Service.

 

(i)              Subject
to Section 8(f), in the event of the termination of employment or service with the Company and all Affiliates thereof of a Participant
who has been granted one or more Free Standing Rights, such rights shall be exercisable at such time or times and subject to such
terms and conditions as shall be determined by the Administrator in the applicable Award Agreement.

 

(ii)             Subject
to Section 8(f), in the event of the termination of employment or service with the Company and all Affiliates thereof of a Participant
who has been granted one or more Related Rights, such rights shall be exercisable at such time or times and subject to such terms
and conditions as set forth in the related Options.

 

(f)          Term.

 

(i)             The
term of each Free Standing Right shall be fixed by the Administrator, but no Free Standing Right shall be exercisable more than
ten (10) years after the date such right is granted.

 

(ii)            The
term of each Related Right shall be the term of the Option to which it relates, but no Related Right shall be exercisable more
than ten (10) years after the date such right is granted.

 

(g)         Change
in Control. Notwithstanding anything herein to the contrary, upon a Change in Control, all outstanding Stock Appreciation
Rights shall be subject to Section 12 of the Plan.

 

(h)         Automatic
Exercise. Unless otherwise provided by the Administrator in an Award Agreement or otherwise, or as otherwise directed by the
Participant in writing to the Company, each vested and exercisable Stock Appreciation Right outstanding on the Automatic Exercise
Date with an Exercise Price per Share that is less than the Fair Market Value per Share as of such date shall automatically and
without further action by the Participant or the Company be exercised on the Automatic Exercise Date. The Company or any Affiliate
shall deduct or withhold an amount sufficient to satisfy all taxes associated with such exercise in accordance with Section 16.
Unless otherwise determined by the Administrator, this Section 8(h) shall not apply to a Stock Appreciation Right if the Participant’s
employment or service has terminated on or before the Automatic Exercise Date. For the avoidance of doubt, no Stock Appreciation
Right with an Exercise Price per Share that is equal to or greater the Fair Market Value per Share on the Automatic Exercise Date
shall be exercised pursuant to this Section 8(h).

 

		Section
                            9.	Restricted Shares.

 

(a)          General.
Each Award of Restricted Shares granted under the Plan shall be evidenced by an Award Agreement. Restricted Shares may be issued
either alone or in addition to other Awards granted under the Plan. The Administrator shall determine the Eligible Recipients
to whom, and the time or times at which, grants of Restricted Shares shall be made; the number of Shares to be awarded; the price,
if any, to be paid by the Participant for the acquisition of Restricted Shares; the Restricted Period, if any, applicable to Restricted
Shares; the Performance Goals (if any) applicable to Restricted Shares; and all other conditions of the Restricted Shares. If
the restrictions, Performance Goals and/or conditions established by the Administrator are not attained, a Participant shall forfeit
his or her Restricted Shares in accordance with the terms of the grant. The terms and conditions applicable to the Restricted
Shares need not be the same with respect to each Participant.

 

(b)         Awards
and Certificates. The prospective recipient of Restricted Shares shall not have any rights with respect to any such Award,
unless and until such recipient has received an Award Agreement and, if required by the Administrator in the Award Agreement,
executed and delivered a fully executed copy thereof to the Company, within a period of sixty (60) days (or such other period
as the Administrator may specify) after the award date. Except as otherwise provided in herein, (i) each Participant who is granted
an Award of Restricted Shares may, in the Company’s sole discretion, be issued a stock certificate in respect of such Restricted
Shares; and (ii) any such certificate so issued shall be registered in the name of the Participant, and shall bear an appropriate
legend referring to the terms, conditions, and restrictions applicable to any such Award. The Company may require that the stock
certificates, if any, evidencing Restricted Shares granted hereunder be held in the custody of the Company until the restrictions
thereon shall have lapsed, and that, as a condition of any award of Restricted Shares, the Participant shall have delivered a
stock power, endorsed in blank, relating to the Shares covered by such Award. Notwithstanding anything in the Plan to the contrary,
any Restricted Shares (whether before or after any vesting conditions have been satisfied) may, in the Company’s sole discretion,
be issued in uncertificated form pursuant to the customary arrangements for issuing shares in such form.

 

    	 	14	 

     

    

 

(c)          Restrictions
and Conditions. The Restricted Shares granted pursuant to this Section 9 shall be subject to the following restrictions and
conditions and any additional restrictions or conditions as determined by the Administrator at the time of grant or thereafter:

 

(i)              The
Restricted Shares shall be subject to the restrictions on transferability set forth in the Award Agreement and in the Plan.

 

(ii)             The
Administrator may, in its sole discretion, provide for the lapse of restrictions in installments and may accelerate or waive such
restrictions in whole or in part based on such factors and such circumstances as the Administrator may determine, in its sole
discretion, including, but not limited to, the attainment of certain Performance Goals, the Participant’s termination of
employment or service as Non-Employee Director or Consultant of the Company or an Affiliate thereof, or the Participant’s
death or Disability.

 

(iii)          Subject
to this Section 9(c)(ii), the Participant shall generally have the rights of a stockholder of the Company with respect to Restricted
Shares during the Restricted Period. In the Administrator’s discretion and as provided in the applicable Award Agreement,
a Participant may be entitled to dividends or dividend equivalents on an Award of Restricted Shares, which will be payable in
accordance with the terms of such grant as determined by the Administrator in accordance with Section 18 of the Plan. Certificates
for unrestricted Shares may, in the Company’s sole discretion, be delivered to the Participant only after the Restricted
Period has expired without forfeiture in respect of such Restricted Shares, except as the Administrator, in its sole discretion,
shall otherwise determine.

 

(iv)           The
rights of Participants granted Restricted Shares upon termination of employment or service as a Non-Employee Director or Consultant
of the Company or an Affiliate thereof terminates for any reason during the Restricted Period shall be set forth in the Award
Agreement.

 

(d)         Change
in Control. Notwithstanding anything herein to the contrary, upon a Change in Control, all outstanding Restricted Shares shall
be subject to Section 12 of the Plan.

 

		Section
                            10.	Restricted Stock Units.

 

(a)          General.
Restricted Stock Units may be issued either alone or in addition to other Awards granted under the Plan. The Administrator shall
determine the Eligible Recipients to whom, and the time or times at which, grants of Restricted Stock Units shall be made; the
number of Restricted Stock Units to be awarded; the Restricted Period, if any, applicable to Restricted Stock Units; the Performance
Goals (if any) applicable to Restricted Stock Units; and all other conditions of the Restricted Stock Units. If the restrictions,
Performance Goals and/or conditions established by the Administrator are not attained, a Participant shall forfeit his or her
Restricted Stock Units in accordance with the terms of the grant. The provisions of Restricted Stock Units need not be the same
with respect to each Participant.

 

(b)         Award
Agreement. The prospective recipient of Restricted Stock Units shall not have any rights with respect to any such Award, unless
and until such recipient has received an Award Agreement and, if required by the Administrator in the Award Agreement, executed
and delivered a fully executed copy thereof to the Company, within a period of sixty (60) days (or such other period as the
Administrator may specify) after the award date.

 

    	 	15	 

     

    

 

(c)          Restrictions
and Conditions. The Restricted Stock Units granted pursuant to this Section 10 shall be subject to the following restrictions
and conditions and any additional restrictions or conditions as determined by the Administrator at the time of grant or, subject
to Code Section 409A, thereafter:

 

(i)             The
Administrator may, in its sole discretion, provide for the lapse of restrictions in installments and may accelerate or waive such
restrictions in whole or in part based on such factors and such circumstances as the Administrator may determine, in its sole
discretion, including, but not limited to, the attainment of certain Performance Goals, the Participant’s termination of
employment or service as a Non-Employee Director or Consultant of the Company or an Affiliate thereof, or the Participant’s
death or Disability.

 

(ii)           Participants
holding Restricted Stock Units shall have no voting rights. A Restricted Stock Unit may, at the Administrator’s discretion,
carry with it a right to dividend equivalents, subject to Section 18 of the Plan. Such right would entitle the holder to be credited
with an amount equal to all cash dividends paid on one Share while the Restricted Stock Unit is outstanding. The Administrator,
in its discretion, may grant dividend equivalents from the date of grant or only after a Restricted Stock Unit is vested.

 

(iii)            The
rights of Participants granted Restricted Stock Units upon termination of employment or service as a Non-Employee Director or
Consultant of the Company or an Affiliate thereof terminates for any reason during the Restricted Period shall be set forth in
the Award Agreement.

 

(d)         Settlement
of Restricted Stock Units. Settlement of vested Restricted Stock Units shall be made to Participants in the form of Shares,
unless the Administrator, in its sole discretion, provides for the payment of the Restricted Stock Units in cash (or partly in
cash and partly in Shares) equal to the value of the Shares that would otherwise be distributed to the Participant.

 

(e)         Change
in Control. Notwithstanding anything herein to the contrary, upon a Change in Control, all outstanding Restricted Stock Units
shall be subject to Section 12 of the Plan.

 

		Section
                            11.	Other Share-Based or Cash-Based Awards.

 

(a)          The
Administrator is authorized to grant Awards to Participants in the form of Other Share-Based Awards or Other Cash-Based Awards,
as deemed by the Administrator to be consistent with the purposes of the Plan and as evidenced by an Award Agreement. The Administrator
shall determine the terms and conditions of such Awards, consistent with the terms of the Plan, at the date of grant or thereafter,
including any Performance Goals and performance periods. Shares or other securities or property delivered pursuant to an Award
in the nature of a purchase right granted under this Section 11 shall be purchased for such consideration, paid for at such times,
by such methods, and in such forms, including, without limitation, Shares, other Awards, notes or other property, as the Administrator
shall determine, subject to any required corporate action.

 

(b)         The
prospective recipient of an Other Share-Based Award or Other Cash-Based Award shall not have any rights with respect to such Award,
unless and until such recipient has received an Award Agreement and, if required by the Administrator in the Award Agreement,
executed and delivered a fully executed copy thereof to the Company, within a period of sixty (60) days (or such other period
as the Administrator may specify) after the award date.

 

(c)          Notwithstanding
anything herein to the contrary, upon a Change in Control, all outstanding Other Share-Based Awards and Other Cash-Based Awards
shall be subject to Section 12 of the Plan.

 

    	 	16	 

     

    

 

		Section
                            12.	Change in Control.

 

The Administrator may
provide in the applicable Award Agreement that an Award will vest on an accelerated basis upon the Participant’s termination
of employment or service in connection with a Change in Control or upon the occurrence of any other event that the Administrator
may set forth in the Award Agreement. If the Company is a party to an agreement that is reasonably likely to result in a Change
in Control, such agreement may provide for: (i) the continuation of any Award by the Company, if the Company is the surviving corporation;
(ii) the assumption of any Award by the surviving corporation or its parent or subsidiary; (iii) the substitution by the surviving
corporation or its parent or subsidiary of equivalent awards for any Award, provided, however, that any such substitution
with respect to Options and Stock Appreciation Rights shall occur in accordance with the requirements of Code Section 409A; or
(iv) settlement of any Award for the Change in Control Price (less, to the extent applicable, the per share exercise or grant price),
or, if the per share exercise or grant price equals or exceeds the Change in Control Price or if the Administrator determines that
Award cannot reasonably become vested pursuant to its terms, such Award shall terminate and be canceled without consideration.
To the extent that Restricted Shares, Restricted Stock Units or other Awards settle in Shares in accordance with their terms upon
a Change in Control, such Shares shall be entitled to receive as a result of the Change in Control transaction the same consideration
as the Shares held by stockholders of the Company as a result of the Change in Control transaction. For purposes of this Section
12, “Change in Control Price” shall mean (A) the price per Share paid to stockholders of the Company in the
Change in Control transaction, or (B) the Fair Market Value of a Share upon a Change in Control, as determined by the Administrator.
To the extent that the consideration paid in any such Change in Control transaction consists all or in part of securities or other
non-cash consideration, the value of such securities or other non-cash consideration shall be determined in good faith by the Administrator.

 

		Section
                            13.	Amendment and Termination.

 

(a)        The
Board or the Committee may amend, alter or terminate the Plan, but no amendment, alteration, or termination shall be made that
would adversely alter or impair the rights of a Participant under any Award theretofore granted without such Participant’s
prior written consent.

 

(b)       Notwithstanding
the foregoing, (i) approval of the Company’s stockholders shall be obtained for any amendment that would require such approval
in order to satisfy the requirements of Code Section 422, if applicable, any rules of the stock exchange on which the Shares are
traded or other applicable law, and (ii) without stockholder approval to the extent required by the rules of any applicable national
securities exchange or inter-dealer quotation system on which the Shares are listed or quoted, except as otherwise permitted under
Section 5 of the Plan, (A) no amendment or modification may reduce the Exercise Price of any Option or Stock Appreciation Right,
(B) the Administrator may not cancel any outstanding Option or Stock Appreciation Right and replace it with a new Option or Stock
Appreciation Right, another Award or cash and (C) the Administrator may not take any other action that is considered a “repricing”
for purposes of the stockholder approval rules of the applicable securities exchange or inter-dealer quotation system.

 

(c)        Subject
to the terms and conditions of the Plan and Code Section 409A, the Administrator may modify, extend or renew outstanding Awards
under the Plan, or accept the surrender of outstanding Awards (to the extent not already exercised) and grant new Awards in substitution
of them (to the extent not already exercised).

 

(d)     Notwithstanding
the foregoing, no alteration, modification or termination of an Award will, without the prior written consent of the Participant,
adversely alter or impair any rights or obligations under any Award already granted under the Plan.

 

    	 	17	 

     

    

 

		Section
                            14.	Unfunded Status of Plan.

 

The Plan is intended
to constitute an “unfunded” plan for incentive compensation. Neither the Company, the Board nor the Committee shall
be required to establish any special or separate fund or to segregate any assets to assure the performance of its obligations under
the Plan. With respect to any payments not yet made or Shares not yet transferred to a Participant by the Company, nothing contained
herein shall give any such Participant any rights that are greater than those of a general unsecured creditor of the Company.

 

		Section
                            15.	Deferrals of Payment.

 

To the extent permitted
by applicable law, the Administrator, in its sole discretion, may determine that the delivery of Shares or the payment of cash,
upon the exercise, vesting or settlement of all or a portion of any Award, shall be deferred. The Administrator may also, in its
sole discretion, establish one or more programs under the Plan to permit selected Participants the opportunity to elect to defer
receipt of any such consideration, including any applicable election procedures, the timing of such elections, the mechanisms for
payments of amounts, shares or other consideration so deferred, and such other terms, conditions, rules and procedures that the
Administrator deems advisable for the administration of any such deferral program. Deferrals by Participants (or deferred settlement
or payment required by the Administrator) shall be made in accordance with Code Section 409A, if applicable, and any other
applicable law.

 

		Section
                            16.	Withholding Taxes.

 

Each Participant shall,
no later than the date as of which the value of an Award first becomes includible in the gross income of such Participant for federal,
state and/or local income tax purposes, pay to the Company, or make arrangements satisfactory to the Administrator regarding payment
of, any federal, state, or local taxes of any kind, domestic or foreign, required by law or regulation to be withheld with respect
to the Award. The obligations of the Company under the Plan shall be conditional on the making of such payments or arrangements,
and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise
due to such Participant. Whenever cash is to be paid pursuant to an Award granted hereunder, the Company shall have the right to
deduct therefrom an amount sufficient to satisfy any federal, state and local withholding tax requirements related thereto. Whenever
Shares are to be delivered pursuant to an Award, the Company shall have the right to require the Participant to remit to the Company
in cash an amount sufficient to satisfy any related federal, state and local taxes, domestic or foreign, to be withheld and applied
to the tax obligations. With the approval of the Administrator, a Participant may satisfy the foregoing requirement by electing
to have the Company withhold from delivery of Shares or by delivering already owned unrestricted Shares, in each case, having a
value equal to the amount required to be withheld or other greater amount not exceeding the maximum statutory rate required to
be collected on the transaction under applicable law, as applicable to the Participant, if such other greater amount would not,
as determined by the Administrator, result in adverse financial accounting treatment (including in connection with the effectiveness
of FASB Accounting Standards Update 2016-09). Such Shares shall be valued at their Fair Market Value on the date of which the amount
of tax to be withheld is determined. Fractional share amounts shall be settled in cash. Such an election may be made with respect
to all or any portion of the Shares to be delivered pursuant to an Award. The Company may also use any other method of obtaining
the necessary payment or proceeds, as permitted by law, to satisfy its withholding obligation with respect to any Option or other
Award.

 

		Section
                            17.	Certain Forfeitures.

 

The Administrator may
specify in an Award Agreement that the Participant’s rights, payments and benefits with respect to an Award shall be subject
to reduction, cancellation, forfeiture or recoupment upon the occurrence of certain events, in addition to the applicable vesting
conditions of an Award. Such events may include, without limitation, breach of any non-competition, non-solicitation, confidentiality,
or other restrictive covenants that are contained in an Award Agreement or that are otherwise applicable to the Participant, a
termination of the Participant’s employment for Cause, or other conduct by the Participant that is detrimental to the business
or reputation of the Company and its Subsidiaries and/or its Affiliates.

 

    	 	18	 

     

    

 

		Section
                            18.	Dividends; Dividend Equivalents.

 

Notwithstanding anything
in this Plan to the contrary, to the extent that an Award contains a right to receive dividends or dividend equivalents while such
Award remains unvested, such dividends or dividend equivalents will be accumulated and paid once and to the extent that the underlying
Award vests.

 

		Section
                            19.	Non-United States
Employees.

 

Without
amending the Plan, the Administrator may grant Awards to eligible persons residing in non-United States jurisdictions on such terms
and conditions different from those specified in the Plan, including the terms of any award agreement or plan, adopted by the Company
or any Subsidiary thereof to comply with, or take advantage of favorable tax or other treatment available under, the laws of any
non-United States jurisdiction, as may in the judgment of the Administrator be necessary or desirable to foster and promote achievement
of the purposes of the Plan and, in furtherance of such purposes the Administrator may make such modifications, amendments, procedures,
sub-plans and the like as may be necessary or advisable to comply with provisions of laws in other countries or jurisdictions in
which the Company or its Subsidiaries operates or has employees.

 

		Section
                            20.	Transfer of Awards.

 

No purported sale,
assignment, mortgage, hypothecation, transfer, charge, pledge, encumbrance, gift, transfer in trust (voting or other) or other
disposition of, or creation of a security interest in or lien on, any Award or any agreement or commitment to do any of the foregoing
(each, a “Transfer”) by any holder thereof in violation of the provisions of the Plan or an Award Agreement
will be valid, except with the prior written consent of the Administrator, which consent may be granted or withheld in the sole
discretion of the Administrator, and other than by will or by the laws of descent and distribution. Any purported Transfer of an
Award or any economic benefit or interest therein in violation of the Plan or an Award Agreement shall be null and void ab initio,
and shall not create any obligation or liability of the Company, and any person purportedly acquiring any Award or any economic
benefit or interest therein transferred in violation of the Plan or an Award Agreement shall not be entitled to be recognized as
a holder of such Shares. Unless otherwise determined by the Administrator in accordance with the provisions of the immediately
preceding sentence, an Option may be exercised, during the lifetime of the Participant, only by the Participant or, during any
period during which the Participant is under a legal disability, by the Participant’s guardian or legal representative. Under
no circumstances will a Participant be permitted to transfer an Option or Stock Appreciation Right to a third-party financial institution
without prior stockholder approval.

 

		Section
                            21.	Continued Employment.

 

The adoption of the
Plan shall not confer upon any Eligible Recipient any right to continued employment or service with the Company or an Affiliate
thereof, as the case may be, nor shall it interfere in any way with the right of the Company or an Affiliate thereof to terminate
the employment or service of any of its Eligible Recipients at any time.

 

		Section
                            22.	Effective Date.

 

The Plan will be effective
as of the date of consummation of the transactions contemplated by that certain agreement and plan of merger, dated as of September
1, 2020, by and among Flying Eagle Acquisition Corp., a Delaware corporation, FEAC Merger Sub Inc., a Delaware corporation, Skillz
Inc., a Delaware corporation, and Andrew Paradise, solely in his capacity as the stockholder representative, subject to approval
by the Company’s stockholders (the “Effective Date”). The Plan will be unlimited in duration and, in the
event of Plan termination, will remain in effect as long as any Shares awarded under it are outstanding and not fully vested; provided,
however, that no Awards will be made under the Plan on or after the tenth anniversary of the Effective Date.

 

    	 	19	 

     

    

 

		Section
                            23.	Code Section 409A.

 

The intent of the parties
is that payments and benefits under the Plan be either exempt from Code Section 409A or comply with Code Section 409A to the
extent subject thereto, and, accordingly, to the maximum extent permitted, the Plan shall be interpreted and be administered consistent
with such intent. Any payments described in the Plan that are due within the “short-term deferral period” as defined
in Code Section 409A shall not be treated as deferred compensation unless applicable law requires otherwise. Notwithstanding
anything to the contrary in the Plan, to the extent required in order to avoid accelerated taxation and/or tax penalties under
Code Section 409A, amounts that would otherwise be payable and benefits that would otherwise be provided upon a “separation
from service” to a Participant who is a “specified employee” shall be paid on the first business day after the
date that is six (6) months following the Participant’s separation from service (or upon the Participant’s death,
if earlier). In addition, for purposes of the Plan, each amount to be paid or benefit to be provided to the Participant pursuant
to the Plan, which constitute deferred compensation subject to Code Section 409A, shall be construed as a separate identified
payment for purposes of Code Section 409A. Nothing contained in the Plan or an Award Agreement shall be construed as a guarantee
of any particular tax effect with respect to an Award. The Company does not guarantee that any Awards provided under the Plan will
be exempt from or in compliance with the provisions of Code Section 409A, and in no event will the Company be liable for any or
all portion of any taxes, penalties, interest or other expenses that may be incurred by a Participant on account of any Award being
subject to, but not in compliance with, Code Section 409A.

 

		Section
                            24.	Compliance with Laws.

 

(a)          The
obligation of the Company to settle Awards in Shares or other consideration shall be subject to (i) all applicable laws, rules,
and regulations, (ii) such approvals as may be required by governmental agencies or the applicable national securities exchange
on which the Shares may be admitted, and (iii) policies maintained by the Company from time to time in order to comply with applicable
laws, rules, regulations and corporate governance requirements, including, without limitation, with respect to insider trading
restrictions. Notwithstanding any terms or conditions of any Award to the contrary, the Company shall be under no obligation to
offer to sell or to sell, and shall be prohibited from offering to sell or selling, any Shares pursuant to an Award unless such
shares have been properly registered for sale pursuant to the Securities Act with the Securities and Exchange Commission or unless
the Company has received an opinion of counsel (if the Company has requested such an opinion), satisfactory to the Company, that
such Shares may be offered or sold without such registration pursuant to an available exemption therefrom and the terms and conditions
of such exemption have been fully complied with. The Company shall be under no obligation to register for sale under the Securities
Act any of the Shares to be offered or sold under the Plan. The Administrator shall have the authority to provide that all Shares
or other securities of the Company issued under the Plan shall be subject to such stop transfer orders and other restrictions
as the Committee may deem advisable under the Plan, the applicable Award Agreement, the federal securities laws, or the rules,
regulations and other requirements of the Securities and Exchange Commission, any securities exchange or inter-dealer quotation
system on which the securities of the Company are listed or quoted and any other applicable federal, state, local or non-U.S.
laws, rules, regulations and other requirements, and the Administrator may cause a legend or legends to be put on certificates
representing Shares or other securities of the Company issued under the Plan to make appropriate reference to such restrictions
or may cause such Shares or other securities of the Company issued under the Plan in book-entry form to be held subject to the
Company’s instructions or subject to appropriate stop-transfer orders. Notwithstanding any provision in the Plan to the
contrary, the Committee reserves the right to add any additional terms or provisions to any Award granted under the Plan that
it, in its sole discretion, deems necessary or advisable in order that such Award complies with the legal requirements of any
governmental entity to whose jurisdiction the Award is subject.

 

(b)          The
Administrator may cancel an Award or any portion thereof if it determines, in its sole discretion, that legal or contractual restrictions
and/or blockage and/or other market considerations would make the Company’s acquisition of Shares from the public markets,
the Company’s issuance of Shares to the Participant, the Participant’s acquisition of Shares from the Company and/or
the Participant’s sale of Shares to the public markets, illegal, impracticable or inadvisable. If the Administrator determines
to cancel all or any portion of an Award in accordance with the foregoing, the Company shall, subject to any limitations or reductions
as may be necessary to comply with Code Section 409A, (i) pay to the Participant an amount equal to the excess of (A) the aggregate
Fair Market Value of the Shares subject to such Award or portion thereof canceled (determined as of the applicable exercise date,
or the date that the Shares would have been vested or issued, as applicable), over (B) the aggregate Exercise Price (in the case
of an Option or Stock Appreciation Right) or any amount payable as a condition of issuance of Shares (in the case of any other
Award), and such amount shall be delivered to the Participant as soon as practicable following the cancellation of such Award
or portion thereof, or (ii) in the case of Restricted Shares, Restricted Stock Units or Other Share-Based Awards, provide the
Participant with a cash payment or equity subject to deferred vesting and delivery consistent with the vesting restrictions applicable
to such Restricted Shares, Restricted Stock Units or Other Share-Based Awards, or the underlying Shares in respect thereof.

 

    	 	20	 

     

    

 

		Section
                            25.	Erroneously Awarded Compensation.

 

The Plan and all Awards
issued hereunder shall be subject to any compensation recovery and/or recoupment policy adopted by the Company to comply with applicable
law, including, without limitation, the Dodd-Frank Wall Street Reform and Consumer Protection Act, or to comport with good corporate
governance practices, as such policies may be amended from time to time.

 

		Section
                            26.	Governing Law.

 

The Plan shall be governed
by and construed in accordance with the laws of the State of Delaware, without giving effect to principles of conflicts of law
of such state.

 

		Section
                            27.	Plan Document Controls.

 

The Plan and each Award
Agreement together constitute the entire agreement with respect to the subject matter hereof and thereof; provided, that
in the event of any inconsistency between the Plan and such Award Agreement, the terms and conditions of the Plan shall control.

 

    	 	21

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