Document:

THE SECURITIES OFFERED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933 (THE "ACT") AND ARE PROPOSED TO BE ISSUED IN RELIANCE UPON AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE
ACT PROVIDED BY REGULATION S PROMULGATED UNDER THE ACT. UPON ANY SALE, SUCH SECURITIES MAY NOT BE REOFFERED FOR SALE OR RESOLD OR OTHERWISE
TRANSFERRED EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S, PURSUANT TO AN EFFECTIVE REGISTRATION UNDER THE ACT, OR PURSUANT
TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT. HEDGING TRANSACTIONS INVOLVING THE SECURITIES MAY NOT BE CONDUCTED UNLESS
IN COMPLIANCE WITH THE ACT.

 

SUBSCRIPTION AGREEMENT

 

WB Burgers
Asia, Inc.

 

This SUBSCRIPTION AGREEMENT is made as of this 24th
day of August 2021, by and between WB Burgers Asia, Inc., a Nevada corporation, (the "Company") with its
address at 3 F K’s Minamiaoyama, 6-6-20 Minamiaoyama, Minato-Ku, Tokyo, 107-0062, and the undersigned (the
"Subscriber").

 

WHEREAS:

 

	A.	The Company desires to issue a maximum of Nine Million Ninety Thousand Nine Hundred and Nine, (1,363,636) shares of common stock of the Company at a price of $0.20 USD per share (the "Offering") pursuant to Regulation S of the United States Securities Act of 1933 (the “Act”).

 

	B.	The Subscriber desires to acquire the number of shares of the Offering set forth on the signature page hereof (the "Shares") on the terms and subject to the conditions of this Subscription Agreement.

 

NOW, THEREFORE, for and in consideration of the premises and the
mutual covenants hereinafter set forth, the parties hereto do hereby agree as follows:

 

1. SUBSCRIPTION FOR SHARES

 

1.1 Subject to the terms and conditions hereinafter set forth, the Subscriber
hereby subscribes for and agrees to purchase from the Company such number of Shares as is set forth upon the signature page hereof at
a price equal to $0.20 USD per Share.  Upon execution, the subscription by the Subscriber will be irrevocable.

 

1.2  The purchase price is payable by the Subscriber contemporaneously
with the execution and delivery of this Subscription Agreement.

 

1.3 Upon execution by the Company, the Company agrees to sell such Shares
to the Subscriber for said purchase price subject to the Company's right to sell to the Subscriber such lesser number of Shares as it
may, in its sole discretion, deem necessary or desirable.

 

1.4 Any acceptance by the Company of the Subscriber is conditional upon
compliance with all securities laws and other applicable laws of the jurisdiction in which the Subscriber is a resident.  Each
Subscriber will deliver to the Company all other documentation, agreements, representations, and requisite government forms required by
the Company as required to comply with all securities laws and other applicable laws of the jurisdiction of the Subscriber.  The
Company will not grant any registration or other qualification rights to any Subscriber.

 

 

2. REGULATION S AGREEMENTS OF THE SUBSCRIBER

 

2.1 The Subscriber agrees to resell the Shares only in accordance with
the provisions of Regulation S of the Act pursuant to registration under the Act, or pursuant to an available exemption from registration
pursuant to the Act.

 

2.2 The Subscriber agrees not to engage in hedging transactions with regard
to the Shares unless in compliance with the Act.

 

2.3 The Subscriber acknowledges and agrees that all certificates representing
the Shares will be endorsed with the following legend in accordance with Regulation S of the Act:

 

“THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE "ACT") AND HAVE BEEN ISSUED IN RELIANCE UPON AN EXEMPTION FROM THE REGISTRATION
REQUIREMENTS OF THE ACT PROVIDED BY REGULATION S PROMULGATED UNDER THE ACT. SUCH SECURITIES MAY NOT BE REOFFERED FOR SALE OR RESOLD OR
OTHERWISE TRANSFERRED EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S, PURSUANT TO AN EFFECTIVE REGISTRATION UNDER THE ACT, OR
PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT.  HEDGING TRANSACTIONS INVOLVING THE SECURITIES MAY NOT BE
CONDUCTED UNLESS IN COMPLIANCE WITH THE ACT.”

 

2.4 The Subscriber and the Company agree that the Company will refuse to
register any transfer of the Shares not made in accordance with the provisions of Regulation S of the Act, pursuant to registration under
the Act, or pursuant to an available exemption from registration.

 

3. REPRESENTATIONS AND WARRANTIES BY SUBSCRIBER

 

3.1 The Subscriber represents and warrants to the Company and acknowledges
that the Company is relying upon the Subscriber’s representations and warranties in agreeing to sell the Shares to the Subscriber
that:

 

The Subscriber is not a “U.S. Person” as defined by Regulation
S of the Act and is not acquiring the Shares for the account or benefit of a U.S. Person.

 

 A “U.S. Person” is defined by Regulation S of the
Act to be any person who is:

 

	·	
    any natural person resident in the United States;

     

	·	
    any partnership or corporation organized or Inc. under the laws of the
    United States;

     

 

	·	
    any estate of which any executor or administrator is a U.S. person;

     

	·	
    any trust of which any trustee is a U.S. person;

     

 

	·	
    any agency or branch of a foreign entity located in the United States;

     

	·	
    any non-discretionary account or similar account (other than an estate
    or trust) held by a dealer or other fiduciary organized, incorporate, or (if an individual) resident in the United States; and

     

 

	·	any partnership or corporation if organized or Inc. under the laws of any foreign jurisdiction; and formed by a U.S. person principally for the purpose of investing in securities not registered under the Act, unless it is organized or Inc., and owned, by accredited investors [as defined in Section 230.501(a) of the Act] who are not natural persons, estates or trusts.

 

 

The Subscriber recognizes that this purchase of Shares involves a high
degree of risk in that the Company has only conducted nominal operations since inception and is currently deemed to be a shell company.
Subscriber acknowledges that they understand the Company may require substantial funds in addition to the proceeds of this private placement.

 

Subscriber acknowledges and agrees that proceeds from the sale of the Shares
herein may be used by the Company to fund any operations of its current, or future subsidiaries it may operate through.

 

An investment in the Company is highly speculative and only investors who
can afford the loss of their entire investment should consider investing in the Company and the Shares.

 

The Subscriber has had full opportunity to review information regarding
the business and financial condition of the Company with the Subscriber’s legal and financial advisers prior to execution of this
Subscription Agreement.

 

The Subscriber has such knowledge and experience in finance, securities,
investments, including investment in non-listed and non- registered securities, and other business matters so as to be able to protect
its interests in connection with this transaction.

 

The Subscriber acknowledges that a minimal market for the Shares presently
exists and a greater demand for the Shares may not further develop in the future, and accordingly the Subscriber may not be able to liquidate
its investment.

 

The Subscriber hereby acknowledges that this offering of Shares has not
been reviewed by the United States Securities and Exchange Commission (the "SEC") and that the Shares are being issued by the
Company pursuant to an exemption from registration provided by Regulation S pursuant to the United States Securities Act.

 

The Subscriber is acquiring the Shares as principal for the Subscriber's
own benefit.

 

The Subscriber is not aware of any advertisement of the Shares.

 

The Subscriber is acquiring the Shares subscribed to hereunder as an investment
for the Subscriber's own account, not as a nominee or agent, and not with a view toward the resale or distribution of any part thereof,
and the Subscriber has no present intention of selling, granting any participation in, or otherwise distributing the same.

 

The Subscriber does not have any contract, undertaking, agreement or arrangement
with any person  to sell, transfer or grant participation  to such person, or to any third person, with respect to
any of the Shares sold hereby.

 

The Subscriber has full power and authority to enter into this Agreement
which constitutes a valid and legally binding obligation, enforceable in accordance with its terms.

 

The Subscriber can bear the economic risk of this investment and was not
organized for the purpose of acquiring the Shares.

 

The Subscriber has satisfied himself or herself as to the full observance
of the laws of his or her jurisdiction in connection with any invitation to subscribe for the Shares and/or any use of this Agreement,
including (i) the legal requirements within his/her jurisdiction for the purchase of the Shares, (ii) any foreign exchange restrictions
applicable to such purchase, (iii) any governmental or other consents that may need to be obtained, and (iv) the income tax and other
tax consequences, if any, that may be relevant to the purchase, holding, redemption, sale, or transfer of the Shares.

 

 

 4.  REPRESENTATIONS BY THE COMPANY

 

4.1  The Company represents and warrants to the Subscriber that:

 

	(A)	The Company is a corporation duly organized, existing and in good standing under the laws of the State of Nevada and has the corporate power to conduct the business which it conducts and proposes to conduct.

 

	(B)	Upon issue, the Shares will be duly and validly issued, fully paid and non-assessable common shares in the capital of the Company.

 

5. TERMS OF SUBSCRIPTION

 

5.1 Pending acceptance of this subscription by the Company, all subscription
funds paid hereunder shall be deposited with White Knight Co., Ltd., a Japanese corporation and the Company’s designated agent,
(“Designee”). The Company’s Designee agrees to make available to the Company, or a current or future wholly owned subsidiary
the Company may operate through, for the purposes set forth in the disclosure statement, all subscription funds immediateley upon request
by the Company.  In the event the subscription is not accepted, the subscription funds will constitute a non-interest bearing
demand loan of the Subscriber to the Company.

 

5.2 The Subscriber hereby authorizes and directs the Company to deliver
the securities to be issued to such Subscriber pursuant to this Subscription Agreement to the Subscriber’s address indicated herein.

 

5.3 The Subscriber acknowledges and agrees that the subscription for the
Shares and the Company's acceptance of the subscription is not subject to any minimum subscription for the Offering.

 

6. MISCELLANEOUS

 

6.1 Any notice or other communication given hereunder shall be deemed sufficient
if in writing and sent by registered or certified mail, return receipt requested, addressed to the Company at the address listed at the
top of this agreement, and to the Subscriber at his or her address indicated on the last page of this Subscription Agreement. Notices
shall be deemed to have been given on the date of mailing, except notices of change of address, which shall be deemed to have been given
when received.

 

6.2 Notwithstanding the place where this Subscription Agreement may be
executed by any of the parties hereto, the parties expressly agree that all the terms and provisions hereof shall be construed in accordance
with and governed by the laws of the State of Nevada.

 

6.3 The parties agree to execute and deliver all such further documents,
agreements and instruments and take such other and further action as may be necessary or appropriate to carry out the purposes and intent
of this Subscription Agreement.

 

 

7. REPRESENTATIONS BY FOREIGN RESIDENTS

 

7.1  If the Subscriber is a foreign resident, the Subscriber
represents to the Company that the Subscriber is a resident of a foreign jurisdiction, and not a US citizen.

 

	  □	(i)	a spouse, parent, brother, sister or child of Koichi Ishizuka, a senior officer or director of the Company ;

 

	  □	(ii)	a close friend or business associate of Koichi Ishizuka, a senior officer or director of the Company , or

 

	  □	(iii)	a company, all of the voting securities of which are beneficially owned by one or more of a spouse, parent, brother, sister, child or close personal friend or business associate of Koichi Ishizuka, a senior officer or director of the Company.

 

IN WITNESS WHEREOF, this Subscription Agreement is executed as of
the day and year first written above.

 

Issuer Name: WB Burgers Asia, Inc.

 

Number of Common Shares Subscribed For: 1,363,636

 

Price Per Share: $0.20 USD

 

Total Subscription Amount in USD (Shares X Price Per Share):  $272,727.20

 

Name of Subscriber: Yasuhiko Miyazak

 

Address of Subscriber: ___________________________

 

(Subscriber’s Email Address): _____________________________

 

(Subscriber’s ID Number if applicable): _____________________________

 

Signature of Subscriber : _________________________________________

 

Title of Signing Person (if Subscriber is a Company): ____________________

 

 

ACCEPTED BY:

 

WB Burgers Asia, Inc.

 

	Signature
    of Authorized Signatory: ________________________

 

	Name of Authorized Signatory: Koichi Ishizuka

 

	Position of Authorized Signatory: Chief Financial Officer and Director

 

Date of Acceptance: August 24, 2021Exhibit
10.3

 

EQRX,
INC.

 

2019
STOCK OPTION AND GRANT PLAN

 

SECTION
1. GENERAL PURPOSE OF THE PLAN; DEFINITIONS

 

The
name of the plan is the EQRx, Inc. 2019 Stock Option and Grant Plan (the “Plan”). The purpose of the Plan is to encourage
and enable the officers, employees, directors, Consultants and other key persons of EQRx, Inc., a Delaware corporation (including any
successor entity, the “Company”) and its Subsidiaries, upon whose judgment, initiative and efforts the Company largely depends
for the successful conduct of its business, to acquire a proprietary interest in the Company.

 

The
following terms shall be defined as set forth below:

 

“Affiliate”
of any Person means a Person that directly or indirectly, through one or more intermediaries, controls, is controlled by or is under
common control with the first mentioned Person. A Person shall be deemed to control another Person if such first Person possesses directly
or indirectly the power to direct, or cause the direction of, the management and policies of the second Person, whether through the ownership
of voting securities, by contract or otherwise.

 

“Award”
or “Awards,” except where referring to a particular category of grant under the Plan, shall include Incentive Stock
Options, Non-Qualified Stock Options, Restricted Stock Awards, Unrestricted Stock Awards, Restricted Stock Units or any combination of
the foregoing.

 

“Award
Agreement” means a written or electronic agreement setting forth the terms and provisions applicable to an Award granted under
the Plan. Each Award Agreement may contain terms and conditions in addition to those set forth in the Plan; provided, however, in
the event of any conflict in the terms of the Plan and the Award Agreement, the terms of the Plan shall govern.

 

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

 

“Cause”
shall have the meaning as set forth in the Award Agreement(s). In the case that any Award Agreement does not contain a definition of
“Cause,” it shall mean (i) the grantee’s dishonest statements or acts with respect to the Company or any Affiliate
of the Company, or any current or prospective customers, suppliers vendors or other third parties with which such entity does
business; (ii) the grantee’s commission of (A) a felony or (B) any misdemeanor involving moral turpitude, deceit, dishonesty
or fraud; (iii) the grantee’s failure to perform his assigned duties and responsibilities to the reasonable satisfaction of
the Company which failure continues, in the reasonable judgment of the Company, after written notice given to the grantee by the
Company; (iv) the grantee’s gross negligence, willful misconduct or insubordination with respect to the Company or any
Affiliate of the Company; or (v) the grantee’s material violation of any provision of any agreement(s) between the grantee and
the Company relating to noncompetition, nonsolicitation, nondisclosure and/or assignment of inventions.

 

     

     

    

 

“Chief
Executive Officer” means the Chief Executive Officer of the Company or, if there is no Chief Executive Officer, then the President
of the Company.

 

“Code”
means the Internal Revenue Code of 1986, as amended, and any successor Code, and related rules, regulations and interpretations.

 

“Committee”
means the Committee of the Board referred to in Section 2.

 

“Consultant”
means any natural person that provides bona fide services to the Company (including a Subsidiary), and such services are not in connection
with the offer or sale of securities in a capital-raising transaction and do not directly or indirectly promote or maintain a market
for the Company’s securities.

 

“Disability”
means “disability” as defined in Section 422(c) of the Code.

 

“Effective
Date” means the date on which the Plan is adopted as set forth on the final page of the Plan.

 

“Exchange
Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder.

 

“Fair
Market Value” of the Stock on any given date means the fair market value of the Stock determined in good faith by the Committee
based on the reasonable application of a reasonable valuation method not inconsistent with Section 409A of the Code. If the Stock is
admitted to trade on a national securities exchange, the determination shall be made by reference to the closing price reported on such
exchange. If there is no closing price for such date, the determination shall be made by reference to the last date preceding such date
for which there is a closing price. If the date for which Fair Market Value is determined is the first day when trading prices for the
Stock are reported on a national securities exchange, the Fair Market Value shall be the “Price to the Public” (or equivalent)
set forth on the cover page for the final prospectus

relating
to the Company’s Initial Public Offering.

 

“Good
Reason” shall have the meaning as set forth in the Award Agreement(s). In the case that any Award Agreement does not contain
a definition of “Good Reason,” it shall mean (i) a material diminution in the grantee’s duties or responsibilities
or (ii) a change of more than 50 miles in the geographic location at which the grantee provides services to the Company, so long as the
grantee provides at least 90 days notice to the Company following the initial occurrence of any such event and the Company fails to cure
such event within 30 days thereafter.

 

“Grant
Date” means the date that the Committee designates in its approval of an Award in accordance with applicable law as the date
on which the Award is granted, which date may not precede the date of such Committee approval.

 

“Holder”
means, with respect to an Award or any Shares, the Person holding such Award or Shares, including the initial recipient of the Award
or any Permitted Transferee.

 

    2

     

    

 

“Incentive
Stock Option” means any Stock Option designated and qualified as an “incentive stock option” as defined in Section
422 of the Code.

 

“Initial
Public Offering” means the consummation of the first firm commitment underwritten public offering pursuant to an effective
registration statement under the Securities Act covering the offer and sale by the Company of its equity securities, as a result of or
following which the Stock shall be publicly held.

 

“Non-Qualified
Stock Option” means any Stock Option that is not an Incentive Stock Option.

 

“Option”
or “Stock Option” means any option to purchase shares of Stock granted pursuant to Section 5.

 

“Permitted
Transferees” shall mean any of the following to whom a Holder may transfer Shares hereunder (as set forth in Section
9(a)(ii)(A)): the Holder’s child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling,
niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive
relationships, any person sharing the Holder’s household (other than a tenant or employee), a trust in which these persons
have more than fifty percent of the beneficial interest, a foundation in which these persons control the management of assets, and
any other entity in which these persons own more than fifty percent of the voting interests; provided, however, that any such
trust does not require or permit distribution of any Shares during the term of the Award Agreement unless subject to its terms. Upon
the death of the Holder, the term Permitted Transferees shall also include such deceased Holder’s estate, executors,
administrators, personal representatives, heirs, legatees and distributees, as the case may be.

 

“Person”
shall mean any individual, corporation, partnership (limited or general), limited liability company, limited liability partnership, association,
trust, joint venture, unincorporated organization or any similar entity.

 

“Restricted
Stock Award” means Awards granted pursuant to Section 6 and “Restricted Stock” means Shares issued pursuant
to such Awards.

 

“Restricted
Stock Unit” means an Award of phantom stock units to a grantee, which may be settled in cash or Shares as determined by the
Committee, pursuant to Section 8.

 

“Sale
Event” means the consummation of (i) the dissolution or liquidation of the Company, (ii) the sale of all or substantially all
of the assets of the Company on a consolidated basis to an unrelated person or entity, (iii) a merger, reorganization or consolidation
pursuant to which the holders of the Company’s outstanding voting power immediately prior to such transaction do not own a majority
of the outstanding voting power of the surviving or resulting entity (or its ultimate parent, if applicable), (iv) the acquisition of
all or a majority of the outstanding voting stock of the Company in a single transaction or a series of related transactions by a Person
or group of Persons, or (v) any other acquisition of the business of the Company, as determined by the Board; provided, however, that
the Company’s Initial Public Offering, any subsequent public offering or another capital raising event, or a merger effected solely
to change the Company’s domicile shall not constitute a “Sale Event.”

 

    3

     

    

 

“Section
409A” means Section 409A of the Code and the regulations and other guidance promulgated thereunder.

 

“Securities
Act” means the Securities Act of 1933, as amended, and the rules and regulations thereunder.

 

“Service
Relationship” means any relationship as a full-time employee, part-time employee, director or other key person (including Consultants)
of the Company or any Subsidiary or any successor entity (e.g., a Service Relationship shall be deemed to continue without interruption
in the event an individual’s status changes from full-time employee to part- time employee or Consultant).

 

“Shares”
means shares of Stock.

 

“Stock”
means the Common Stock, par value $0.0001 per share, of the Company. “Subsidiary” means any corporation or other entity
(other than the Company) in which the Company has more than a 50 percent interest, either directly or indirectly.

 

“Ten
Percent Owner” means an employee who owns or is deemed to own (by reason of the attribution rules of Section 424(d) of the
Code) more than 10 percent of the combined voting power of all classes of stock of the Company or any parent of the Company or any Subsidiary.

 

“Termination
Event” means the termination of the Award recipient’s Service Relationship with the Company and its Subsidiaries for
any reason whatsoever, regardless of the circumstances thereof, and including, without limitation, upon death, disability, retirement,
discharge or resignation for any reason, whether voluntarily or involuntarily. The following shall not constitute a Termination Event:
(i) a transfer to the service of the Company from a Subsidiary or from the Company to a Subsidiary, or from one Subsidiary to another
Subsidiary or (ii) an approved leave of absence for military service or sickness, or for any other purpose approved by the Committee,
if the individual’s right to re-employment is guaranteed either by a statute or by contract or under the policy pursuant to which
the leave of absence was granted or if the Committee otherwise so provides in writing.

 

“Unrestricted
Stock Award” means any Award granted pursuant to Section 7 and “Unrestricted Stock” means Shares issued
pursuant to such Awards.

 

SECTION
2. ADMINISTRATION OF PLAN; COMMITTEE AUTHORITY TO SELECT GRANTEES AND DETERMINE AWARDS

 

(a) Administration
of Plan. The Plan shall be administered by the Board, or at the discretion of the Board, by a committee of the Board, comprised
of not less than two directors. All references herein to the “Committee” shall be deemed to refer to the group then
responsible for administration of the Plan at the relevant time (i.e., either the Board of Directors or a committee or committees of
the Board, as applicable).

 

    4

     

    

 

(b)
Powers of Committee. The Committee shall have the power and authority to grant Awards consistent with the terms of the Plan, including
the power and authority:

 

(i)
to select the individuals to whom Awards may from time to time be granted;

 

(ii)
to determine the time or times of grant, and the amount, if any, of Incentive Stock Options, Non-Qualified Stock Options, Restricted
Stock Awards, Unrestricted Stock Awards, Restricted Stock Units, or any combination of the foregoing, granted to any one or more
grantees;

 

(iii)
to determine the number of Shares to be covered by any Award and, subject to the provisions of the Plan, the price, exercise price,
conversion ratio or other price relating thereto;

 

(iv)
to determine and, subject to Section 12, to modify from time to time the terms and conditions, including restrictions, not
inconsistent with the terms of the Plan, of any Award, which terms and conditions may differ among individual Awards and grantees,
and to approve the form of Award Agreements;

 

(v)
to accelerate at any time the exercisability or vesting of all or any portion of any Award;

 

(vi)
to impose any limitations on Awards, including limitations on transfers, repurchase provisions and the like, and to exercise
repurchase rights or obligations;

 

(vii)
subject to Section 5(a)(ii) and any restrictions imposed by Section 409A, to extend at any time the period in which Stock Options
may be exercised; and

 

(viii)
at any time to adopt, alter and repeal such rules, guidelines and practices for administration of the Plan and for its own acts and
proceedings as it shall deem advisable; to interpret the terms and provisions of the Plan and any Award (including Award
Agreements); to make all determinations it deems advisable for the administration of the Plan; to decide all disputes arising in
connection with the Plan; and to otherwise supervise the administration of the Plan.

 

All
decisions and interpretations of the Committee shall be binding on all persons, including the Company and all Holders.

 

(c) Award
Agreement. Awards under the Plan shall be evidenced by Award Agreements that set forth the terms, conditions and limitations for
each Award.

 

(d) Indemnification.
Neither the Board nor the Committee, nor any member of either or any delegate thereof, shall be liable for any act, omission,
interpretation, construction or determination made in good faith in connection with the Plan, and the members of the Board and the
Committee (and any delegate thereof) shall be entitled in all cases to indemnification and reimbursement by the Company in respect
of any claim, loss, damage or expense (including, without limitation, reasonable attorneys’ fees) arising or resulting
therefrom to the fullest extent permitted by law and/or under the Company’s governing documents, including its certificate of
incorporation or bylaws, or any directors’ and officers’ liability insurance coverage which may be in effect from time
to time and/or any indemnification agreement between such individual and the Company.

 

    5

     

    

 

(e) Foreign
Award Recipients. Notwithstanding any provision of the Plan to the contrary, in order to comply with the laws in other countries
in which the Company and any Subsidiary operate or have employees or other individuals eligible for Awards, the Committee, in its
sole discretion, shall have the power and authority to: (i) determine which Subsidiaries, if any, shall be covered by the Plan; (ii)
determine which individuals, if any, outside the United States are eligible to participate in the Plan; (iii) modify the terms and
conditions of any Award granted to individuals outside the United States to comply with applicable foreign laws; (iv) establish
subplans and modify exercise procedures and other terms and procedures, to the extent the Committee determines such actions to be
necessary or advisable (and such subplans and/or modifications shall be attached to the Plan as appendices); provided, however,
that no such subplans and/or modifications shall increase the share limitation contained in Section 3(a) hereof; and (v) take any
action, before or after an Award is made, that the Committee determines to be necessary or advisable to obtain approval or comply
with any local governmental regulatory exemptions or approvals.

 

SECTION
3. STOCK ISSUABLE UNDER THE PLAN; MERGERS AND OTHER TRANSACTIONS; SUBSTITUTION

 

(a) Stock
Issuable. The maximum number of Shares reserved and available for issuance under the Plan shall be 39,094,724 Shares, subject to
adjustment as provided in Section 3(b). For purposes of this limitation, the Shares underlying any Awards that are

forfeited,
canceled, reacquired by the Company prior to vesting, satisfied without the issuance of Stock or otherwise terminated (other than by
exercise) and Shares that are withheld upon exercise of an Option or settlement of an Award to cover the exercise price or tax withholding
shall be added back to the Shares available for issuance under the Plan. Subject to such overall limitations, Shares may be issued up
to such maximum number pursuant to any type or types of Award, and no more than 39,094,724 Shares may be issued pursuant to Incentive
Stock Options. The Shares available for issuance under the Plan may be authorized but unissued Shares or Shares reacquired by the Company.

 

(b) Changes
in Stock. Subject to Section 3(c) hereof, if, as a result of any reorganization, recapitalization, reclassification, stock
dividend, stock split, reverse stock split or other similar change in the Company’s capital stock, the outstanding Shares are
increased or decreased or are exchanged for a different number or kind of shares or other securities of the Company, or additional
Shares or new or different shares or other securities of the Company or other non-cash assets are distributed with respect to such
Shares or other securities, in each case, without the receipt of consideration by the Company, or, if, as a result of any merger or
consolidation, or sale of all or substantially all of the assets of the Company, the outstanding Shares are converted into or
exchanged for other securities of the Company or any successor entity (or a parent or subsidiary thereof), the Committee shall make
an appropriate and proportionate adjustment in (i) the maximum number of Shares reserved for issuance under the Plan, (ii) the
number and kind of Shares or other securities subject to any then outstanding Awards under the Plan, (iii) the repurchase price, if
any, per Share subject to each outstanding Award, and (iv) the exercise price for each Share subject to any then outstanding Stock
Options under the Plan, without changing the aggregate exercise price (i.e., the exercise price multiplied by the number of Stock
Options) as to which such Stock Options remain exercisable. The Committee shall in any event make such adjustments as may be
required by Section 25102(o) of the California Corporation Code and the rules and regulations promulgated thereunder. The adjustment
by the Committee shall be final, binding and conclusive. No fractional Shares shall be issued under the Plan resulting from any such
adjustment, but the Committee in its discretion may make a cash payment in lieu of fractional shares.

 

    6

     

    

 

 (c) Sale Events.

 

 (i) Options.

 

(A)
In the case of and subject to the consummation of a Sale Event, the Plan and all outstanding Options issued hereunder shall
terminate upon the effective time of any such Sale Event unless assumed or continued by the successor entity, or new stock options
or other awards of the successor entity or parent thereof are substituted therefor, with an equitable or proportionate adjustment as
to the number and kind of shares and, if appropriate, the per share exercise prices, as such parties shall agree (after taking into
account any acceleration hereunder and/or pursuant to the terms of any Award Agreement).

 

(B) In
the event of the termination of the Plan and all outstanding Options issued hereunder pursuant to Section 3(c), each Holder of Options
shall be permitted, within a period of time prior to the consummation of the Sale Event as specified by the Committee, to exercise all
such Options which are then exercisable or will become exercisable as of the effective time of the Sale Event; provided, however,
that the exercise of Options not exercisable prior to the Sale Event shall be subject to the consummation of the Sale Event.

 

(C) Notwithstanding
anything to the contrary in Section 3(c)(i)(A), in the event of a Sale Event, the Company shall have the right, but not the obligation,
to make or provide for a cash payment to the Holders of Options, without any consent of the Holders, in exchange for the cancellation
thereof, in an amount equal to the difference between (A) the value as determined by the Committee of the consideration payable per share
of Stock pursuant to the Sale Event (the “Sale Price”) times the number of Shares subject to outstanding Options being cancelled
(to the extent then vested and exercisable, including by reason of acceleration in connection with such Sale Event, at prices not in
excess of the Sale Price) and (B) the aggregate exercise price of all such outstanding vested and exercisable Options.

 

 (ii) Restricted Stock and Restricted Stock Unit Awards.

 

(A) In
the case of and subject to the consummation of a Sale Event, all unvested Restricted Stock and unvested Restricted Stock Unit Awards
(other than those becoming vested as a result of the Sale Event) issued hereunder shall be forfeited immediately prior to the
effective time of any such Sale Event unless assumed or continued by the successor entity, or awards of the successor entity or
parent thereof are substituted therefor, with an equitable or proportionate adjustment as to the number and kind of shares subject
to such awards as such parties shall agree (after taking into account any acceleration hereunder and/or pursuant to the terms of any
Award Agreement).

 

    7

     

    

 

(B) In
the event of the forfeiture of Restricted Stock pursuant to Section 3(c)(ii)(A), such Restricted Stock shall be repurchased from the
Holder thereof at a price per share equal to the original per share purchase price paid by the Holder (subject to adjustment as provided
in Section 3(b)) for such Shares.

 

(C) Notwithstanding
anything to the contrary in Section 3(c)(ii)(A), in the event of a Sale Event, the Company shall have the right, but not the obligation,
to make or provide for a cash payment to the Holders of Restricted Stock or Restricted Stock Unit Awards, without consent of the Holders,
in exchange for the cancellation thereof, in an amount equal to the Sale Price times the number of Shares subject to such Awards, to
be paid at the time of such Sale Event or upon the later vesting of such Awards.

 

SECTION
4. ELIGIBILITY

 

Grantees
under the Plan will be such full or part-time officers and other employees, directors, Consultants and key persons of the Company and
any Subsidiary who are selected from time to time by the Committee in its sole discretion; provided, however, that Awards
shall be granted only to those individuals described in Rule 701(c) of the Securities Act.

 

SECTION
5. STOCK OPTIONS

 

Upon
the grant of a Stock Option, the Company and the grantee shall enter into an Award Agreement. The terms and conditions of each such Award
Agreement shall be determined by the Committee, and such terms and conditions may differ among individual Awards and grantees.

 

Stock
Options granted under the Plan may be either Incentive Stock Options or Non- Qualified Stock Options. Incentive Stock Options may be
granted only to employees of the Company or any Subsidiary that is a “subsidiary corporation” within the meaning of

Section
424(f) of the Code. To the extent that any Option does not qualify as an Incentive Stock Option, it shall be deemed a Non-Qualified Stock
Option.

 

(a) Terms
of Stock Options. The Committee in its discretion may grant Stock Options to those individuals who meet the eligibility requirements
of Section 4. Stock Options shall be subject to the following terms and conditions and shall contain such additional terms and conditions,
not inconsistent with the terms of the Plan, as the Committee shall deem desirable.

 

(i) Exercise
Price. The exercise price per share for the Shares covered by a Stock Option shall be determined by the Committee at the time of
grant but shall not be less than 100 percent of the Fair Market Value on the Grant Date. In the case of an Incentive Stock Option that
is granted to a Ten Percent Owner, the exercise price per share for the Shares covered by such Incentive Stock Option shall not be less
than 110 percent of the Fair Market Value on the Grant Date.

 

    8

     

    

 

(ii) Option
Term. The term of each Stock Option shall be fixed by the Committee, but no Stock Option shall be exercisable more than ten years
from the Grant Date. In the case of an Incentive Stock Option that is granted to a Ten Percent Owner, the term of such Stock Option shall
be no more than five years from the Grant Date.

 

(iii) Exercisability;
Rights of a Stockholder. Stock Options shall become exercisable and/or vested at such time or times, whether or not in installments,
as shall be determined by the Committee at or after the Grant Date. The Award Agreement may permit a grantee to exercise all or a portion
of a Stock Option immediately at grant; provided that the Shares issued upon such exercise shall be subject to restrictions and a vesting
schedule identical to the vesting schedule of the related Stock Option, such Shares shall be deemed to be Restricted Stock for purposes
of the Plan, and the optionee may be required to enter into an additional or new Award Agreement as a condition to exercise of such Stock
Option. An optionee shall have the rights of a stockholder only as to Shares acquired upon the exercise of a Stock Option and not as
to unexercised Stock Options. An optionee shall not be deemed to have acquired any Shares unless and until a Stock Option shall have
been exercised pursuant to the terms of the Award Agreement and this Plan and the optionee’s name has been entered on the books
of the Company as a stockholder.

 

(iv) Method
of Exercise. Stock Options may be exercised by an optionee in whole or in part, by the optionee giving written or electronic notice
of exercise to the Company, specifying the number of Shares to be purchased. Payment of the purchase price may be made by one or more
of the following methods (or any combination thereof) to the extent provided in the Award Agreement:

 

(A) In
cash, by certified or bank check, by wire transfer of immediately available funds, or other instrument acceptable to the Committee;

 

(B) If
permitted by the Committee, by the optionee delivering to the Company a promissory note, if the Board has expressly authorized the loan
of funds to the optionee for the purpose of enabling or assisting the optionee to effect the exercise of his or her Stock Option; provided,
that at least so much of the exercise price as represents the par value of the Stock shall be paid in cash if required by state law;

 

(C) If
permitted by the Committee and the Initial Public Offering has occurred (or the Stock otherwise becomes publicly-traded), through the
delivery (or attestation to the ownership) of Shares that have been purchased by the optionee on the open market or that are beneficially
owned by the optionee and are not then subject to restrictions under any Company plan. To the extent required to avoid variable accounting
treatment under ASC 718 or other applicable accounting rules, such surrendered Shares if originally purchased from the Company shall
have been owned by the optionee for at least six months. Such surrendered Shares shall be valued at Fair Market Value on the exercise
date;

 

(D) If
permitted by the Committee and the Initial Public Offering has occurred (or the Stock otherwise becomes publicly-traded), by the
optionee delivering to the Company a properly executed exercise notice together with irrevocable instructions to a broker to
promptly deliver to the Company cash or a check payable and acceptable to the Company for the purchase price; provided that
in the event the optionee chooses to pay the purchase price as so provided, the optionee and the broker shall comply with such
procedures and enter into such agreements of indemnity and other agreements as the Committee shall prescribe as a condition of such
payment procedure; or

 

    9

     

    

 

(E) If
permitted by the Committee, and only with respect to Stock Options that are not Incentive Stock Options, by a “net exercise”
arrangement pursuant to which the Company will reduce the number of Shares issuable upon exercise by the largest whole number of Shares
with a Fair Market Value that does not exceed the aggregate exercise price.

 

Payment
instruments will be received subject to collection. No certificates for Shares so purchased will be issued to the optionee or, with respect
to uncertificated Stock, no transfer to the optionee on the records of the Company will take place, until the Company has completed all
steps it has deemed necessary to satisfy legal requirements relating to the issuance and sale of the Shares, which steps may include,
without limitation, (i) receipt of a representation from the optionee at the time of exercise of the Option that the optionee is purchasing
the Shares for the optionee’s own account and not with a view to any sale or distribution of the Shares or other representations
relating to compliance with applicable law governing the issuance of securities,

(ii)
the legending of the certificate (or notation on any book entry) representing the Shares to evidence the foregoing restrictions, and
(iii) obtaining from optionee payment or provision for all withholding taxes due as a result of the exercise of the Option. The delivery
of certificates representing the shares of Stock (or the transfer to the optionee on the records of the Company with respect to uncertificated
Stock) to be purchased pursuant to the exercise of a Stock Option will be contingent upon (A) receipt from the optionee (or a purchaser
acting in his or her stead in accordance with the provisions of the Stock Option) by the Company of the full purchase price for such
Shares and the fulfillment of any other requirements contained in the Award Agreement or applicable provisions of laws and (B) if required
by the Company, the optionee shall have entered into any stockholders agreements or other agreements with the Company and/or certain
other of the Company’s stockholders relating to the Stock. In the event an optionee chooses to pay the purchase price by previously-owned
Shares through the attestation method, the number of Shares transferred to the optionee upon the exercise of the Stock Option shall be
net of the number of Shares attested to.

 

(b) Annual
Limit on Incentive Stock Options. To the extent required for “incentive stock option” treatment under Section 422 of
the Code, the aggregate Fair Market Value (determined as of the Grant Date) of the Shares with respect to which Incentive Stock
Options granted under the Plan and any other plan of the Company or its parent and any Subsidiary that become exercisable for the
first time by an optionee during any calendar year shall not exceed $100,000 or such other limit as may be in effect from time to
time under Section 422 of the Code. To the extent that any Stock Option exceeds this limit, it shall constitute a Non-Qualified
Stock Option.

 

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(c) Termination.
Any portion of a Stock Option that is not vested and exercisable on the date of termination of an optionee’s Service
Relationship shall immediately expire and be null and void. Once any portion of the Stock Option becomes vested and exercisable, the
optionee’s right to exercise such portion of the Stock Option (or the optionee’s representatives and legatees as
applicable) in the event of a termination of the optionee’s Service Relationship shall continue until the earliest of: (i) the
date which is: (A) 12 months following the date on which the optionee’s Service Relationship terminates due to death or
Disability (or such longer period of time as determined by the Committee and set forth in the applicable Award Agreement), or (B) 90
days following the date on which the optionee’s Service Relationship terminates if the termination is due to any reason other
than death or Disability (or such longer period of time as determined by the Committee and set forth in the applicable Award
Agreement), or (ii) the Expiration Date set forth in the Award Agreement; provided that notwithstanding the foregoing, an
Award Agreement may provide that if the optionee’s Service Relationship is terminated for Cause, the Stock Option shall
terminate immediately and be null and void upon the date of the optionee’s termination and shall not thereafter be
exercisable.

 

SECTION
6. RESTRICTED STOCK AWARDS

 

(a) Nature
of Restricted Stock Awards. The Committee may, in its sole discretion, grant (or sell at par value or such other purchase price determined
by the Committee) to an eligible individual under Section 4 hereof a Restricted Stock Award under the Plan. The Committee shall determine
the restrictions and conditions applicable to each Restricted Stock Award at the time of grant. Conditions may be based on continuing
employment (or other Service Relationship), achievement of pre-established performance goals and objectives and/or such other criteria
as the Committee may determine. Upon the grant of a Restricted Stock Award, the Company and the grantee shall enter into an Award Agreement.
The terms and conditions of each such Award Agreement shall be determined by the Committee, and such terms and conditions may differ
among individual Awards and grantees.

 

(b) Rights
as a Stockholder. Upon the grant of the Restricted Stock Award and payment of any applicable purchase price, a grantee of Restricted
Stock shall be considered the record owner of and shall be entitled to vote the Restricted Stock if, and to the extent, such Shares are
entitled to voting rights, subject to such conditions contained in the Award Agreement. The grantee shall be entitled to receive all
dividends and any other distributions declared on the Shares; provided, however, that the Company is under no duty to declare
any such dividends or to make any such distribution. Unless the Committee shall otherwise determine, certificates evidencing the Restricted
Stock shall remain in the possession of the Company until such Restricted Stock is vested as provided in subsection (d) below of this
Section, and the grantee shall be required, as a condition of the grant, to deliver to the Company a stock power endorsed in blank and
such other instruments of transfer as the Committee may prescribe.

 

(c) Restrictions.
Restricted Stock may not be sold, assigned, transferred, pledged or otherwise encumbered or disposed of except as specifically provided
herein or in the Award Agreement. Except as may otherwise be provided by the Committee either in the Award Agreement or, subject to Section
12 below, in writing after the Award Agreement is issued, if a grantee’s Service Relationship with the Company and any Subsidiary
terminates, the Company or its assigns shall have the right, as may be specified in the relevant instrument, to repurchase some or all
of the Shares subject to the Award at such purchase price as is set forth in the Award Agreement.

 

    11

     

    

 

(d) Vesting
of Restricted Stock. The Committee at the time of grant shall specify in the Award Agreement the date or dates and/or the attainment
of pre-established performance goals, objectives and other conditions on which the substantial risk of forfeiture imposed shall lapse
and the Restricted Stock shall become vested, subject to such further rights of the Company or its assigns as may be specified in the
Award Agreement.

 

SECTION
7. UNRESTRICTED STOCK AWARDS

 

The
Committee may, in its sole discretion, grant (or sell at par value or such other purchase price determined by the Committee) to an eligible
person under Section 4 hereof an Unrestricted Stock Award under the Plan. Unrestricted Stock Awards may be granted in respect of past
services or other valid consideration, or in lieu of cash compensation due to such grantee.

 

SECTION
8. RESTRICTED STOCK UNITS

 

(a) Nature
of Restricted Stock Units. The Committee may, in its sole discretion, grant to an eligible person under Section 4 hereof Restricted
Stock Units under the Plan. The Committee shall determine the restrictions and conditions applicable to each Restricted Stock Unit at
the time of grant. Vesting conditions may be based on continuing employment (or other Service Relationship), achievement of pre-established
performance goals and objectives and/or other such criteria as the Committee may determine. Upon the grant of Restricted Stock Units,
the grantee and the Company shall enter into an Award Agreement. The terms and conditions of each such Award Agreement shall be determined
by the Committee and may differ among individual Awards and grantees. On or promptly following the vesting date or dates applicable to
any Restricted Stock Unit, but in no event later than March 15 of the year following the year in which such vesting occurs, such Restricted
Stock Unit(s) shall be settled in the form of cash or shares of Stock, as specified in the Award Agreement. Restricted Stock Units may
not be sold, assigned, transferred, pledged, or otherwise encumbered or disposed of.

 

(b) Rights
as a Stockholder. A grantee shall have the rights of a stockholder only as to Shares, if any, acquired upon settlement of Restricted
Stock Units. A grantee shall not be deemed to have acquired any such Shares unless and until the Restricted Stock Units shall have been
settled in Shares pursuant to the terms of the Plan and the Award Agreement, the Company shall have issued and delivered a certificate
representing the Shares to the grantee (or transferred on the records of the Company with respect to uncertificated stock), and the grantee’s
name has been entered in the books of the Company as a stockholder.

 

(c) Termination.
Except as may otherwise be provided by the Committee either in the Award Agreement or in writing after the Award Agreement is
issued, a grantee’s right in all Restricted Stock Units that have not vested shall automatically terminate upon the
grantee’s cessation of Service Relationship with the Company and any Subsidiary for any reason.

 

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SECTION
9. TRANSFER RESTRICTIONS; COMPANY RIGHT OF FIRST REFUSAL; COMPANY REPURCHASE RIGHTS

 

 (a) Restrictions on Transfer.

 

(i) Non-Transferability
of Stock Options. Stock Options and, prior to exercise, the Shares issuable upon exercise of such Stock Option, shall not be transferable
by the optionee otherwise than by will, or by the laws of descent and distribution, and all Stock Options shall be exercisable, during
the optionee’s lifetime, only by the optionee, or by the optionee’s

legal
representative or guardian in the event of the optionee’s incapacity. Notwithstanding the foregoing, the Committee, in its sole
discretion, may provide in the Award Agreement regarding a given Stock Option that the optionee may transfer by gift, without consideration
for the transfer, his or her Non-Qualified Stock Options to his or her family members (as defined in Rule 701 of the Securities Act),
to trusts for the benefit of such family members, or to partnerships in which such family members are the only partners (to the extent
such trusts or partnerships are considered “family members” for purposes of Rule 701 of the Securities Act), provided that
the transferee agrees in writing with the Company to be bound by all of the terms and conditions of this Plan and the applicable Award
Agreement, including the execution of a stock power upon the issuance of Shares. Stock Options, and the Shares issuable upon exercise
of such Stock Options, shall be restricted as to any pledge, hypothecation, or other transfer,

including
any short position, any “put equivalent position” (as defined in the Exchange Act) or any “call equivalent position”
(as defined in the Exchange Act) prior to exercise.

 

(ii) Shares.
No Shares shall be sold, assigned, transferred, pledged, hypothecated, given away or in any other manner disposed of or encumbered,
whether voluntarily or by operation of law, unless (i) the transfer is in compliance with the terms of the applicable Award
Agreement, all applicable securities laws (including, without limitation, the Securities Act), and with the terms and conditions of
this Section 9, (ii) the transfer does not cause the Company to become subject to the reporting requirements of the Exchange Act,
and (iii) the transferee consents in writing to be bound by the provisions of the Plan and the Award Agreement, including this
Section 9. In connection with any proposed transfer, the Committee may require the transferor to provide at the transferor’s
own expense an opinion of counsel to the transferor, satisfactory to the Committee, that such transfer is in compliance with all
foreign, federal and state securities laws (including, without limitation, the Securities Act). Any attempted transfer of Shares not
in accordance with the terms and conditions of this Section 9 shall be null and void, and the Company shall not reflect on its
records any change in record ownership of any Shares as a result of any such transfer, shall otherwise refuse to recognize any such
transfer and shall not in any way give effect to any such transfer of Shares. The Company shall be entitled to seek protective
orders, injunctive relief and other remedies available at law or in equity including, without limitation, seeking specific
performance or the rescission of any transfer not made in strict compliance with the provisions of this Section 9. Subject to the
foregoing general provisions, and unless otherwise provided in the applicable Award Agreement, Shares may be transferred pursuant to
the following specific terms and conditions (provided that with respect to any transfer of Restricted Stock, all vesting and
forfeiture provisions shall continue to apply with respect to the original recipient):

 

(A) Transfers
to Permitted Transferees. The Holder may transfer any or all of the Shares to one or more Permitted Transferees; provided, however,
that following such transfer, such Shares shall continue to be subject to the terms of this Plan (including this Section 9) and such
Permitted Transferee(s) shall, as a condition to any such transfer, deliver a written acknowledgment to that effect to the Company and
shall deliver a stock power to the Company with respect to the Shares. Notwithstanding the foregoing, the Holder may not transfer any
of the Shares to a Person whom the Company reasonably determines is a direct competitor or a potential competitor of the Company or any
of its Subsidiaries.

 

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(B) Transfers
Upon Death. Upon the death of the Holder, any Shares then held by the Holder at the time of such death and any Shares acquired after
the Holder’s death by the Holder’s legal representative shall be subject to the provisions of this Plan, and the Holder’s
estate, executors, administrators, personal representatives, heirs, legatees and distributees shall be obligated to convey such Shares
to the Company or its assigns under the terms contemplated by the Plan and the Award Agreement.

 

(b) Right
of First Refusal. In the event that a Holder desires at any time to sell or otherwise transfer all or any part of his or her Shares
(other than shares of Restricted Stock which by their terms are not transferrable), the Holder first shall give written notice to the
Company of the Holder’s intention to make such transfer. Such notice shall state the number of Shares that the Holder proposes
to sell (the “Offered Shares”), the price and the terms at which the proposed sale is to be made and the name and address
of the proposed transferee. At any time within 30 days after the receipt of such notice by the Company, the Company or its assigns may
elect to purchase all or any portion of the Offered Shares at the price and on the terms offered by the proposed transferee and specified
in the notice. The Company or its assigns shall exercise this right by mailing or delivering written notice to the Holder within the
foregoing 30- day period. If the Company or its assigns elect to exercise its purchase rights under this Section 9(b), the closing for
such purchase shall, in any event, take place within 45 days after the receipt by the Company of the initial notice from the Holder.
In the event that the Company or its assigns do not elect to exercise such purchase right, or in the event that the Company or its assigns
do not pay the full purchase price within such 45-day period, the Holder shall be required to pay a transaction processing fee of $10,000
to the Company (unless waived by the Committee) and then may, within 60 days thereafter, sell the Offered Shares to the proposed transferee
and at the same price and on the same terms as specified in the Holder’s notice. Any Shares not sold to the proposed transferee
shall remain subject to the Plan. If the Holder is a party to any stockholders agreements or other agreements with the Company and/or
certain other of the Company’s stockholders relating to the Shares, (i) the transferring Holder shall comply with the requirements
of such stockholders agreements or other agreements relating to any proposed transfer of the Offered Shares, and (ii) any proposed transferee
that purchases Offered Shares shall enter into such stockholders agreements or other agreements with the Company and/or certain of the
Company’s stockholders relating to the Offered Shares on the same terms and in the same capacity as the transferring Holder.

 

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 (c) Company’s Right of Repurchase.

 

(i) Right
of Repurchase for Unvested Shares Issued Upon the Exercise of an Option. Upon a Termination Event, the Company or its assigns shall
have the right and option to repurchase from a Holder of Shares acquired upon exercise of a Stock Option which are still subject to a
risk of forfeiture as of the Termination Event. Such repurchase rights may be exercised by the Company within the later of (A) six months
following the date of such Termination Event or (B) seven months after the acquisition of Shares upon exercise of a Stock Option. The
repurchase price shall be equal to the lower of the original per share price paid by the Holder, subject to adjustment as provided in
Section 3(b) of the Plan, or the current Fair Market Value of such Shares as of the date the Company elects to exercise its repurchase
rights.

 

(ii) Right
of Repurchase With Respect to Restricted Stock. Upon a Termination Event, the Company or its assigns shall have the right and option
to repurchase from a Holder of Shares received pursuant to a Restricted Stock Award any Shares that are still subject to a risk of forfeiture
as of the Termination Event. Such repurchase right may be exercised by the Company within six months following the date of such Termination
Event. The repurchase price shall be the lower of the original per share purchase price paid by the Holder, subject to adjustment as
provided in Section 3(b) of the Plan, or the current Fair Market Value of such Shares as of the date the Company elects to exercise its
repurchase rights.

 

(iii) Procedure.
Any repurchase right of the Company shall be exercised by the Company or its assigns by giving the Holder written notice on or before
the last day of the repurchase period of its intention to exercise such repurchase right. Upon such notification, the Holder shall promptly
surrender to the Company, free and clear of any liens or encumbrances, any certificates representing the Shares being purchased, together
with a duly executed stock power for the transfer of such Shares to the Company or the Company’s assignee or assignees. Upon the
Company’s or its assignee’s receipt of the certificates from the Holder, the Company or its assignee or assignees shall deliver
to him, her or them a check for the applicable repurchase price; provided, however, that the Company may pay the repurchase price
by offsetting and canceling any indebtedness then owed by the Holder to the Company.

 

(d) Drag
Along Right. In the event the holders of a majority of the Company’s equity securities then outstanding (the
“Majority Shareholders”) determine to enter into a Sale Event in a bona fide negotiated transaction (a
“Sale”), with any non-Affiliate of the Company or any majority shareholder (in each case, the “Buyer”), a
Holder of Shares, including any Permitted Transferee, shall be obligated to and shall upon the written request of the Majority
Shareholders: (a) sell, transfer and deliver, or cause to be sold, transferred and delivered, to the Buyer, his or her Shares
(including for this purpose all of such Holder’s Shares that presently or as a result of any such transaction may be acquired
upon the exercise of an Option (following the payment of the exercise price therefor)) on substantially the same terms applicable to
the Majority Shareholders (with appropriate adjustments to reflect the conversion of convertible securities, the redemption of
redeemable securities and the exercise of exercisable securities as well as the relative preferences and priorities of preferred
stock); and (b) execute and deliver such instruments of conveyance and transfer and take such other action, including voting such
Shares in favor of any Sale proposed by the Majority Shareholders and executing any purchase agreements, merger agreements,
indemnity agreements, escrow agreements or related documents as the Majority Shareholders or the Buyer may reasonably require in
order to carry out the terms and provisions of this Section 9(d).

 

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 (e) Escrow Arrangement.

 

(i) Escrow.
In order to carry out the provisions of this Section 9 of this Plan more effectively, the Company shall hold any Shares issued pursuant
to Awards granted under the Plan in escrow together with separate stock powers executed by the Holder in blank for transfer. The Company
shall not dispose of the Shares except as otherwise provided in this Plan. In the event of any repurchase by the Company (or any of its
assigns), the Company is hereby authorized by the Holder, as the Holder’s attorney-in-fact, to date and complete the stock powers
necessary for the transfer of the Shares being purchased and to transfer such Shares in accordance with the terms hereof. At such time
as any Shares are no longer subject to the Company’s repurchase and first refusal rights, the Company shall, at the written request
of the Holder, deliver to the Holder a certificate representing such Shares with the balance of the Shares to be held in escrow pursuant
to this Section.

 

(ii) Remedy.
Without limitation of any other provision of this Plan or other rights, in the event that a Holder or any other Person is required to
sell a Holder’s Shares pursuant to the provisions of Sections 9(b) or (c) hereof and in the further event that he or she refuses
or for any reason fails to deliver to the Company or its designated purchaser of such Shares the certificate or certificates evidencing
such Shares together with a related stock power, the Company or such designated purchaser may deposit the applicable purchase price for
such Shares with a bank designated by the Company, or with the Company’s independent public accounting firm, as agent or trustee,
or in escrow, for such Holder or other Person, to be held by such bank or accounting firm for the benefit of and for delivery to him,
her, them or it, and/or, in its discretion, pay such purchase price by offsetting any indebtedness then owed by such Holder as provided
above. Upon any such deposit and/or offset by the Company or its designated purchaser of such amount and upon notice to the Person who
was required to sell the Shares to be sold pursuant to the provisions of Sections 9(b) or (c), such Shares shall at such time be deemed
to have been sold, assigned, transferred and conveyed to such purchaser, such Holder shall have no further rights thereto (other than
the right to withdraw the payment thereof held in escrow, if applicable), and the Company shall record such transfer in its stock transfer
book or in any appropriate manner.

 

(f) Lockup
Provision. If requested by the Company, a Holder shall not sell or otherwise transfer or dispose of any Shares (including, without
limitation, pursuant to Rule 144 under the Securities Act) held by him or her for such period following the effective date of a public
offering by the Company of Shares as the Company shall specify reasonably and in good faith. If requested by the underwriter engaged
by the Company, each Holder shall execute a separate letter confirming his or her agreement to comply with this Section.

 

(g) Adjustments
for Changes in Capital Structure. If, as a result of any reorganization, recapitalization, reclassification, stock dividend,
stock split, reverse stock split or other similar change in the Common Stock, the outstanding Shares are increased or decreased or
are exchanged for a different number or kind of securities of the Company, the restrictions contained in this Section 9 shall apply
with equal force to additional and/or substitute securities, if any, received by Holder in exchange for, or by virtue of his or her
ownership of, Shares.

 

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(h) Termination.
The terms and provisions of Section 9(b) and Section 9(c) (except for the Company’s right to repurchase Shares still subject to
a risk of forfeiture upon a

Termination
Event) shall terminate upon the closing of the Company’s Initial Public Offering or upon consummation of any Sale Event, in either
case as a result of which Shares are registered under Section 12 of the Exchange Act and publicly-traded on any national security exchange.

 

SECTION
10. TAX WITHHOLDING

 

(a) Payment
by Grantee. Each grantee shall, no later than the date as of which the value of an Award or of any Shares or other amounts received
thereunder first becomes includable in the gross income of the grantee for income tax purposes, pay to the Company, or make arrangements
satisfactory to the Committee regarding payment of, any Federal, state, or local taxes of any kind required by law to be withheld by
the Company with respect to such income. The Company and any Subsidiary shall, to the extent permitted by law, have the right to deduct
any such taxes from any payment of any kind otherwise due to the grantee. The Company’s obligation to deliver stock certificates
(or evidence of book entry) to any grantee is subject to and conditioned on any such tax withholding obligations being satisfied by the
grantee.

 

(b) Payment
in Stock. The Company’s required tax withholding obligation may be satisfied, in whole or in part, by the Company (i) withholding
from Shares to be issued pursuant to an Award a number of Shares having an aggregate Fair Market Value (as of the date the withholding
is effected) that would satisfy the withholding amount due or (ii) causing its transfer agent to sell a number of Shares with an aggregate
Fair Market Value (as of the date the withholding is effected) that would satisfy the withholding amount due and remitting the proceeds
from such sale to the Company, provided, however, except as otherwise provided by the Board, that the total tax withholding cannot exceed
the maximum withholding amount consistent with the award being subject to equity accounting treatment under the applicable accounting
rules.

 

SECTION
11. SECTION 409A AWARDS

 

To
the extent that any Award is determined to constitute “nonqualified deferred compensation” within the meaning of Section
409A (a “409A Award”), the Award shall be subject to such additional rules and requirements as may be specified by the Committee
from time to time. In this regard, if any amount under a 409A Award is payable upon a “separation from service” (within the
meaning of Section 409A) to a grantee who is considered a “specified employee” (within the meaning of Section 409A), then
no such payment shall be made prior to the date that is the earlier of (i) six months and one day after the grantee’s separation
from service, or (ii) the grantee’s death, but only to the extent such delay is necessary to prevent such payment from being subject
to interest, penalties and/or additional tax imposed pursuant to Section 409A. The Company makes no representation or warranty and shall
have no liability to any grantee under the Plan or any other Person with respect to any penalties or taxes under Section 409A that are,
or may be, imposed with respect to any Award.

 

    17

     

    

 

SECTION
12. AMENDMENTS AND TERMINATION

 

The
Board may, at any time, amend or discontinue the Plan and the Committee may, at any time, amend or cancel any outstanding Award for the
purpose of satisfying changes in law or for any other lawful purpose, but no such action shall adversely affect rights under any outstanding
Award without the consent of the holder of the Award. The Committee may exercise its discretion to reduce the exercise price of outstanding
Stock Options or effect repricing through cancellation of outstanding Stock Options and by granting such holders new Awards in replacement
of the cancelled Stock Options. To the extent determined by the Committee to be required either by the Code to ensure that Incentive
Stock Options granted under the Plan are qualified under Section 422 of the Code or otherwise, Plan amendments shall be subject to approval
by the Company stockholders entitled to vote at a meeting of stockholders. Nothing in this Section 12 shall limit the Board’s or
Committee’s authority to take any action permitted pursuant to Section 3(c). The Board reserves the right to amend the Plan and/or
the terms of any outstanding Stock Options to the extent reasonably necessary to comply with the requirements of the exemption pursuant
to paragraph (f)(4) of Rule 12h-1 of the Exchange Act.

 

SECTION
13. STATUS OF PLAN

 

With
respect to the portion of any Award that has not been exercised and any payments in cash, Stock or other consideration not received by
a grantee, a grantee shall have no rights greater than those of a general creditor of the Company unless the Committee shall otherwise
expressly so determine in connection with any Award.

 

SECTION
14. GENERAL PROVISIONS

 

(a) No
Distribution; Compliance with Legal Requirements. The Committee may require each person acquiring Shares pursuant to an Award to
represent to and agree with the Company in writing that such person is acquiring the Shares without a view to distribution thereof. No
Shares shall be issued pursuant to an Award until all applicable securities law and other legal and stock exchange or similar requirements
have been satisfied. The Committee may require the placing of such stop-orders and restrictive legends on certificates for Stock and
Awards as it deems appropriate.

 

(b) Delivery
of Stock Certificates. Stock certificates to grantees under the Plan shall be deemed delivered for all purposes when the Company
or a stock transfer agent of the Company shall have mailed such certificates in the United States mail, addressed to the grantee, at
the grantee’s last known address on file with the Company; provided that stock certificates to be held in escrow pursuant to Section
9 of the Plan shall be deemed delivered when the Company shall have recorded the issuance in its records. Uncertificated Stock shall
be deemed delivered for all purposes when the Company or a stock transfer agent of the Company shall have given to the grantee by electronic
mail (with proof of receipt) or by United States mail, addressed to the grantee, at the grantee’s last known address on file with
the Company, notice of issuance and recorded the issuance in its records (which may include electronic “book entry” records).

 

    18

     

    

 

(c) No
Employment Rights. The adoption of the Plan and the grant of Awards do not confer upon any Person any right to continued employment
or Service Relationship with the Company or any Subsidiary.

 

(d) Trading
Policy Restrictions. Option exercises and other Awards under the Plan shall be subject to the Company’s insider trading policy-related
restrictions, terms and conditions as may be established by the Committee, or in accordance with policies set by the Committee, from
time to time.

 

(e) Designation
of Beneficiary. Each grantee to whom an Award has been made under the Plan may designate a beneficiary or beneficiaries to exercise
any Award on or after the grantee’s death or receive any payment under any Award payable on or after the grantee’s death.
Any such designation shall be on a form provided for that purpose by the Committee and shall not be effective until received by the Committee.
If no beneficiary has been designated by a deceased grantee, or if the designated beneficiaries have predeceased the grantee, the beneficiary
shall be the grantee’s estate.

 

(f) Legend.
Any certificate(s) representing the Shares shall carry substantially the following legend (and with respect to uncertificated Stock,
the book entries evidencing such shares shall contain the following notation):

 

The
transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions
(including repurchase and restrictions against transfers) contained in the EQRx, Inc. 2019 Stock Option and Grant Plan and any agreements
entered into thereunder by and between the company and the holder of this certificate (a copy of which is available at the offices of
the company for examination).

 

(g) Information
to Holders of Options. In the event the Company is relying on the exemption from the registration requirements of Section 12(g) of
the Exchange Act contained in paragraph (f)(1) of Rule 12h-1 of the Exchange Act, the Company shall provide the information described
in Rule 701(e)(3), (4) and (5) of the Securities Act to all holders of Options in accordance with the requirements thereunder. The foregoing
notwithstanding, the Company shall not be required to provide such information unless the optionholder has agreed in writing, on a form
prescribed by the Company, to keep such information confidential.

 

SECTION
15. EFFECTIVE DATE OF PLAN

 

The
Plan shall become effective upon adoption by the Board and shall be approved by stockholders in accordance with applicable state law
and the Company’s articles of incorporation and bylaws within 12 months thereafter. If the stockholders fail to approve the
Plan within 12 months after its adoption by the Board of Directors, then any Awards granted or sold under the Plan shall be
rescinded and no additional grants or sales shall thereafter be made under the Plan. Subject to such approval by stockholders and to
the requirement that no Shares may be issued hereunder prior to such approval, Stock Options and other Awards may be granted
hereunder on and after adoption of the Plan by the Board. No grants of Stock Options and other Awards may be made hereunder after
the tenth anniversary of the date the Plan is adopted by the Board or the date the Plan is approved by the Company’s
stockholders, whichever is earlier.

 

    19

     

    

 

SECTION
16. GOVERNING LAW

 

This
Plan, all Awards and any controversy arising out of or relating to this Plan and all Awards shall be governed by and construed in accordance
with the General Corporation Law of the State of Delaware as to matters within the scope thereof, and as to all other matters shall be
governed by and construed in accordance with the internal laws of the Commonwealth of Massachusetts, without regard to conflict of law
principles that would result in the application of any law other than the law of the Commonwealth of Massachusetts.

 

 

	DATE
    ADOPTED BY THE BOARD OF DIRECTORS:	January
    10, 2020
	 	 
	DATE
    APPROVED BY THE STOCKHOLDERS:	January
    10, 2020

 

 

20

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