Document:

Exhibit 10.28

      

      

      KINETA, INC.

      219 Terry Ave N, Suite 300

      

      Seattle, WA 98109

      

      

      [DATE]

      

      

      [NAME]

      

      

      EMPLOYMENT AGREEMENT

      

      

      Dear [NAME]:

      

      

      This Amended and Restated Employment Agreement (the “Agreement”) between you (referred to hereinafter as the “Executive”) and Kineta, Inc., a Washington corporation (the “Company”) sets forth the terms and conditions that shall govern Executive’s continued
        employment with the Company (referred to hereinafter as “Employment” or the “Employment Period”), effective as of the Effective
        Time, as such term is defined in that certain Agreement and Plan of Merger dated June 5, 2022 (the “Merger Agreement”) by and among the Company, Yumanity Therapeutics, Inc. (“Parent”) and Yacht Merger Sub, Inc. (the “Effective Date”). This Agreement amends, restates and replaces in its entirety the
        employment agreement entered into by and between Executive and the Company dated February 3, 2020 (the “Prior Agreement”).

      

      

      1.

      Duties and Scope of Employment.

      

      

      (a)

      At-Will Employment. Executive’s full-time Employment with the Company will continue in his or her current position as
        [POSITION] .  The Company’s Board of Directors ( and, following the Effective Time, the Parent’s Board of Directors, the “Board”) has approved that, provided you remain employed through the Effective Date, the terms of this agreement shall apply. Executive’s Employment with the Company is for no specified period and constitutes “at will” employment. As a result, Executive
        is free to terminate Employment at any time, with or without advance notice, and for any reason or for no reason. Similarly, the Company is free to terminate Executive’s Employment at any time, with or without advance notice, and with or without
        Cause (as defined below). Furthermore, although terms and conditions of Executive’s Employment with the Company may change over time, nothing shall change the at-will nature of Executive’s Employment.

      

      

      (b)

      Position and Responsibilities. During the Employment Period, the Company agrees to employ Executive in the position of
        [POSITION].  Executive will report to the [MANAGER], or to such other Person as the Company subsequently may determine (Executive’s “Supervisor”), and Executive will be working out of the
        Company’s office in Seattle. Executive will perform the duties and have the responsibilities and authority customarily performed and held by an employee in Executive’s position or as otherwise may be assigned or delegated to Executive by the
        Executive’s Supervisor.

      

      

      (c)

      Obligations to the Company. During the Employment Period, Executive shall perform Executive’s duties faithfully and to the
        best of Executive’s ability and will devote Executive’s full business efforts and time to the Company. During the Employment Period, without the prior written approval of Executive’s Supervisor, Executive shall not render services in any capacity
        to any other Person and shall not act as a sole proprietor, advisor or partner of any other Person or own more than five percent (5%) of the stock of any other corporation. Notwithstanding the foregoing, Executive may serve on civic or
        charitable boards or committees, deliver lectures, fulfill speaking engagements, teach at educational institutions, or manage personal investments without advance written consent of Executive’s Supervisor or the Board; provided that such activities
        do not individually or in the aggregate interfere with the performance of Executive’s duties under this Agreement or create a potential business or fiduciary conflict. Executive shall comply with the Company’s policies and rules, as they may be in
        effect from time to time during Executive’s Employment.

      
        
          

      

      
      

      

      (d)

      No Conflicting Obligations. Executive represents and warrants to the Company that Executive is under no obligations or
        commitments, whether contractual or otherwise, that are inconsistent with Executive’s obligations under this Agreement or that would otherwise prohibit Executive from performing Executive’s duties with the Company. In connection with Executive’s
        Employment, Executive shall not use or disclose any trade secrets or other proprietary information or intellectual property in which Executive or any other Person has any right, title or interest and Executive’s Employment will not infringe or
        violate the rights of any other Person. Executive represents and warrants to the Company that Executive has returned all property and confidential information belonging to any prior employer.

      

      

      2.

      Cash and Incentive Compensation.

      

      

      (a)

      Base Salary. The Company shall pay Executive, as compensation for Executive’s services, a base salary at a gross annual rate
        of $[SALARY] less all required tax withholdings and other applicable deductions, in accordance with the Company’s standard payroll procedures. The annual compensation specified in this subsection (a), together with any modifications in such
        compensation that the Company may make from time to time, is referred to in this Agreement as the “Base Salary.” Executive’s Base Salary will be subject to review and adjustments that will
        be made based upon the Company’s normal performance review practices. The Base Salary shall be paid every two (2) weeks in approximately equal payments during the term of Employment. Effective as of the date of any change to Executive’s Base
        Salary, the Base Salary as so changed shall be considered the new Base Salary for all purposes of this Agreement.

      

      

      (b)

      Cash Incentive Bonus. Executive will be eligible to be considered for an annual cash incentive bonus (the “Cash Bonus”) each calendar year during the Employment Period based upon the achievement of certain objective or subjective criteria (collectively, the “Performance Goals”). In compliance with all relevant legal requirements and based on Executive’s level within the Company, the Performance Goals for Executive’s Cash Bonus for a particular year will be established by,
        and in the sole discretion of, the Board, any Compensation Committee of the Board (the “Committee”), or a delegate of either the Board or the Committee (the “Delegate”), as applicable. The initial target amount for any such Cash Bonus will be up to [BONUS PERCENT] percent (XX%) of Executive’s Base Salary (the “Target

          Bonus Percentage”), less all required tax withholdings and other applicable deductions. The determinations of the Board, the Committee or the Delegate, as applicable, with respect to such Cash Bonus or the Target Bonus Percentage shall be
        final and binding. Executive’s Target Bonus Percentage for any subsequent year may be adjusted up or down, as determined in the sole discretion of the Board, the Committee or the Delegate, as applicable. Executive shall not earn a Cash Bonus unless
        Executive is employed by the Company on the date when such Cash Bonus is actually paid by the Company.

      

      

      (c)

      Comparable Peer Group Companies. Following the Company or any successor company
          becoming a listed company on a US public market, the Committee shall undertake a review of the cash, bonus, equity, and termination compensation for its officers, including Executive. The analysis will designate a public market competitive peer
          group from biotechnology and pharmaceutical companies that are reasonably similar to the Company with respect to market capitalization, headcount and stage of development, while also taking into account a number of qualitative criteria defined
          and disclosed by the Committee. Based on this third party analysis, the Committee shall, and unless the analysis demonstrates that Executive’s total compensation is consistent (within 10%) with Executive’s competitive peer group, make a
        recommendation to the Board to make requisite adjustments to the compensation of the Executive to make such compensation consistent with the defined competitive peer group.  The Company will implement any such
          adjustments within 30 days following Board approval of such recommendation.

      

      

      3.

      Employee Benefits. During the Employment Period, Executive shall be eligible to (a) receive paid time off (“PTO”) in accordance with the Company’s PTO policy, as it may be amended from time to time and (b) participate in the employee benefit plans maintained by the Company and generally available to similarly situated
        employees of the Company, subject in each case to the generally applicable terms and conditions of the plan or policy in question and to the determinations of any Person or committee administering such employee benefit plan or policy. The Company
        reserves the right to cancel or change the employee benefit plans, policies and programs it offers to its employees at any time.

      
        - 2 -

        
          

      

      

      

      4.

      Business Expenses. The Company will reimburse Executive for necessary and reasonable business expenses incurred in connection with
        Executive’s duties hereunder upon presentation of an itemized account and appropriate supporting documentation, all in accordance with the Company’s generally applicable expense reimbursement policies as in effect from to time.

      

      

      5.

      Rights Upon Termination. Except as expressly provided in Section 7, upon the termination of Executive’s Employment, for the period
        preceding the effective date of the termination of Employment, Executive shall only be entitled to the following: (i) the accrued but unpaid Base Salary compensation and PTO, (ii) the reimbursements described
        in Section 4 of this Agreement, and (iii) such other vested benefits earned under any Company-provided plans, policies, and arrangements in accordance with the governing documents and policies of any such,
        plans, policies and arrangements (collectively, the “Accrued Benefits”). The Accrued Benefits described in clauses (i) and (ii) of the preceding sentence shall be paid within thirty (30)
        days after the date of termination of Executive’s Employment (or such earlier date as may be required by applicable law) and the Accrued Benefits described in clause (iii) of the preceding sentence shall be paid in accordance with the terms of the
        governing plan, policy or arrangement.

      

      

      6.

      Change in Control Equity Acceleration. In the event of a Change in Control, 25% of all of the Executive’s awarded but unvested equity
        shall accelerate upon Change in Control.

      

      

      7.

      Termination Benefits.

      

      

      (a)

      Termination without Cause or Resignation for Good Reason outside of Change in Control Protection Period. (x) If the
        Company (or any parent, subsidiary or successor of the Company) terminates Executive’s employment with the Company for a reason other than (i) Cause, (ii) Executive becoming Disabled or (iii) Executive’s death , or (y) Executive resigns from such
          employment for Good Reason, in each case, outside of the Change in Control Protection Period, then, subject to Section 8 (other than with respect to the Accrued Benefits), Executive will be entitled to the following:

      

      

      (i)

      Accrued Compensation. The Company will pay Executive all Accrued Benefits.

      

      

      (ii)

      Severance Payment. Executive will receive bi-weekly continuing payments of severance pay at a rate equal to Executive’s Base Salary, as then in effect, for [WEEKS]

          (x) weeks , less all required tax withholdings and other applicable deductions, which will be paid in accordance with the Company’s regular payroll procedures commencing on the Release Deadline (as defined in Section 8(a)); provided that the
        first payment shall include any amounts that would have been paid to Executive if payment had commenced on the date of Executive’s termination of employment .

      

      

      (iii)

      Continued Employee Benefits. If Executive elects continuation coverage pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”) for Executive and Executive’s eligible dependents, within the time period prescribed pursuant to COBRA, the Company will reimburse Executive for the COBRA premiums for such coverage
        (at the coverage levels in effect immediately prior to Executive’s termination or resignation) until the earlier of (A) [MONTHS] (x) months following the date of the Executive’s termination of employment , or (B) the date upon which
        Executive and/or Executive’s eligible dependents become covered under similar plans. COBRA reimbursements will be made by the Company to Executive consistent with the Company’s normal expense reimbursement policy and will be taxable to the extent
        required to avoid adverse consequences to Executive or the Company under either Code Section 105(h) or the Patient Protection and Affordable Care Act of 2010.

      

      

      (iv)

      Equity. All of Executive’s unvested and outstanding equity awards that would have become vested had Executive remained in the employ of the Company for the three (3)
        month period following Executive’s termination of employment shall immediately vest and become exercisable as of the date of Executive’s termination.

      
        - 3 -

        
          

      

      

      

      (b)

      Termination without Cause or Resignation for Good Reason in Connection with a Change in Control. If during the Change in
        Control Protection Period, (x) the Company terminates Executive’s employment with the Company for a reason other than (i) Cause, (ii) Executive becoming Disabled or (iii) Executive’s death , or (y) Executive resigns from such employment for
        Good Reason, then, subject to Section 8 (other than with respect to the Accrued Benefits), Executive will receive the following severance benefits from the Company in lieu of the benefits described in Section 7(a) above:

      

      

      (i)

      Accrued Compensation. The Company will pay Executive all Accrued Benefits.

      

      

      (ii)

      Severance Payment. Executive will receive a lump sum severance payment equivalent to [WEEKS] (x) weeks of base pay of Executive’s Base Salary as in effect
        immediately prior to the date of Executive’s termination of employment, less all required tax withholdings and other applicable deductions, which will be paid in accordance with the Company’s regular payroll procedures, but no later than thirty
        (30) days following the Release Deadline.

      

      

      (iii)

      Current Year Prorated Cash Bonus.  Executive will receive a prorated Cash Bonus for the calendar year in which Executive’s termination of Employment occurs equal to
        the Cash Bonus that Executive would have received (if any) based on performance at 100% of target for such calendar year if Executive had remained in Employment by Company for the entire calendar year in accordance with Section 2(b), but prorated
        based on the days of Executive’s Employment during such calendar year (the “Prorated Bonus”).  The Prorated Bonus, if any, shall be paid in accordance with the Company’s regular payroll
        procedures, but no later than thirty (30) days following the Release Deadline.

      

      

      (iv)

      Continued Employee Benefits. If Executive elects continuation coverage pursuant to COBRA for Executive and Executive’s eligible dependents, within the time period
        prescribed pursuant to COBRA, the Company will reimburse Executive for the COBRA premiums for such coverage (at the coverage levels in effect immediately prior to Executive’s termination or resignation) until the earlier of (A) [MONTHS] (x)
          months following the date of the Executive’s termination of employment , or (B) the date upon which Executive and/or Executive’s eligible dependents become covered under similar plans. COBRA reimbursements will be made by the Company to
        Executive consistent with the Company’s normal expense reimbursement policy and will be taxable to the extent required to avoid adverse consequences to Executive or the Company under either Code Section 105(h) or the Patient Protection and
        Affordable Care Act of 2010.

      

      

      (v)

      Equity. All of Executive’s unvested and outstanding equity awards shall immediately vest and become exercisable upon the later of (i) termination of employment or(
        ii) the effective date of the Change in Control.

      

      

      (c)

      Disability; Death; Voluntary Resignation; Termination for Cause. If Executive’s employment with the Company is terminated due
        to (i) Executive becoming Disabled or Executive’s death, (ii) Executive’s voluntary resignation (other than for Good Reason during the Change in Control Protection Period ), or (iii) the Company’s termination of Executive’s employment with
        the Company for Cause, then Executive or Executive’s estate (as the case may be) will receive the Accrued Benefits, but will not be entitled to any other compensation or benefits from the Company except to the extent required by law (for example,
        COBRA).

      

      

      (d)

      Timing of Payments. Subject to any specific timing provisions in Section 7(a), 7(b), or 7(c), as applicable, or the provisions
        of Section 8, payment of the severance and benefits hereunder shall be made or commence to be made as soon as practicable following Executive’s termination of employment.

      

      

      (e)

      Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or any parent, subsidiary or
        successor of the Company), the provisions of this Section 7 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity,
        or under this Agreement (other than the payment of accrued but unpaid wages, as required by law, and any unreimbursed reimbursable expenses). Executive will be entitled to no other severance, benefits, compensation or other payments or rights upon
        a termination of employment, including, without limitation, any severance payments and/or benefits provided in the Employment Agreement, other than those benefits expressly set forth in Section 7 of this Agreement or pursuant to written equity
        award agreements with the Company.

      

      

      (f)

      No Duty to Mitigate. Executive will not be required to mitigate the amount of any payment contemplated by this Agreement, nor
        will any earnings that Executive may receive from any other source reduce any such payment.

      
        - 4 -

        
          

      

      

      

      8.

      Conditions to Receipt of Severance.

      

      

      (a)

      Release of Claims Agreement. The receipt of any severance payments or benefits pursuant to this Agreement is subject to
        Executive signing and not revoking a separation agreement and release of claims in a form attached hereto as Exhibit A (the “Release”), which must become effective no later than
        the sixtieth (60th) day following Executive’s termination of employment (the “Release Deadline”), and if not, Executive will forfeit any right to severance payments or benefits under this
        Agreement. To become effective, the Release must be executed by Executive and any revocation periods (as required by statute, regulation, or otherwise) must have expired without Executive having revoked the Release. In addition, in no event will
        severance payments or benefits be paid or provided until the Release actually becomes effective. If the termination of employment occurs at a time during the calendar year where the Release Deadline could occur in the calendar year following the
        calendar year in which Executive’s termination of employment occurs, then any severance payments or benefits under this Agreement that would be considered Deferred Payments (as defined in Section 8(c)(i)) will be paid on the first payroll date to
        occur during the calendar year following the calendar year in which such termination occurs, or such later time as required by (i) the payment schedule applicable to each payment or benefit as set forth in Section 7, (ii) the date the Release
        becomes effective, or (iii) Section 8(c)(ii); provided that the first payment shall include all amounts that would have been paid to Executive if payment had commenced on the date of Executive’s termination of employment.

      

      

      (b)

      Confidentiality Agreement. Executive’s receipt of any payments or benefits under Section 7 will be subject to Executive
        continuing to comply with the terms of the Confidentiality Agreement (as defined in Section 12(a) below).

      

      

      (c)

       Section 409A.

      

      

      (i)

      Notwithstanding anything to the contrary in this Agreement, no severance pay or benefits to be paid or provided to Executive, if any, pursuant to this Agreement that, when
        considered together with any other severance payments or separation benefits, are considered deferred compensation not exempt under Section 409A (together, the “Deferred Payments”) will be
        paid or otherwise provided until Executive has a “separation from service” within the meaning of Section 409A. And for purposes of this Agreement, any reference to “termination of employment,” “termination” or any similar term shall be construed to
        mean a “separation from service” within the meaning of Section 409A. Similarly, no severance payable to Executive, if any, pursuant to this Agreement that otherwise would be exempt from Section 409A pursuant to Treasury Regulation Section
        1.409A-1(b)(9) will be payable until Executive has a “separation from service” within the meaning of Section 409A.

      

      

      (ii)

      Notwithstanding anything to the contrary in this Agreement, if Executive is a “specified employee” within the
        meaning of Section 409A at the time of Executive’s termination of employment (other than due to death), then the Deferred Payments, if any, that are payable within the first six (6) months following Executive’s separation from service, will become
        payable on the first payroll date that occurs on or after the date six (6) months and one (1) day following the date of Executive’s separation from service. All subsequent Deferred Payments, if any, will be payable in accordance with the payment
        schedule applicable to each payment or benefit. Notwithstanding anything herein to the contrary, if Executive dies following Executive’s separation from service, but prior to the six (6) month anniversary of the separation from service, then any
        payments delayed in accordance with this paragraph will be payable in a lump sum as soon as administratively practicable after the date of Executive’s death and all other Deferred Payments will be payable in accordance with the payment schedule
        applicable to each payment or benefit. Each payment, installment and benefit payable under this Agreement is intended to constitute a separate payment for purposes of Section 1.409A-2(b)(2) of the Treasury Regulations.

      

      

      (iii)

      Without limitation, any amount paid under this Agreement that satisfies the requirements of the “short-term deferral” rule set forth in Section 1.409A-1(b)(4) of the
        Treasury Regulations is not intended to constitute Deferred Payments for purposes of clause (i) above.

      

      

      (iv)

      Without limitation, any amount paid under this Agreement that qualifies as a payment made as a result of an involuntary separation from service pursuant to Section
        1.409A-1(b)(9)(iii) of the Treasury Regulations that does not exceed the Section 409A Limit is not intended to constitute Deferred Payments for purposes of clause (i) above. Any payment intended to qualify under this exemption must be made within
        the allowable time period specified in Section 1.409A-1(b)(9)(iii) of the Treasury Regulations.

      
        - 5 -

        
          

      

      

      

      (v)

      Notwithstanding the payment provisions of Section 7, in the event and to the extent that the form of the severance benefit or payment to be provided after a Change in
        Control is different than the form of such severance benefit or payment to be provided prior to a Change in Control and if the applicable severance benefit or payment is a Deferred Payment, then the form of post-Change in Control severance benefit
        or payment shall be given effect only to the extent permitted by Section 409A and if not so permitted, such post-Change in Control severance benefit or payment shall be provided in the same form that applies prior to the Change in Control.

      

      

      (vi)

      To the extent that reimbursements or in-kind benefits under this Agreement constitute non-exempt “nonqualified deferred compensation” for purposes of Section 409A, (1) all
        reimbursements hereunder shall be made on or prior to the last day of the calendar year following the calendar year in which the expense was incurred by Executive, (2) any right to reimbursement or in-kind benefits shall not be subject to
        liquidation or exchange for another benefit, and (3) the amount of expenses eligible for reimbursement or in-kind benefits provided in any calendar year shall not in any way affect the expenses eligible for reimbursement or in-kind benefits to be
        provided, in any other calendar year.

      

      

      (vii)

      The payments and benefits provided under Sections 7(a) and 7(b) are intended to be exempt from or comply with the requirements of Section 409A so that none of the severance
        payments and benefits to be provided hereunder will be subject to the additional tax imposed under Section 409A, and any ambiguities or ambiguous terms herein will be interpreted to be exempt or so comply. The Company and Executive agree to work
        together in good faith to consider amendments to this Agreement and to take such reasonable actions that are necessary, appropriate or desirable to avoid imposition of any additional tax or income recognition prior to actual payment to Executive
        under Section 409A.

      

      

      9.

      Definition of Terms. The following terms referred to in this Agreement will have the following meanings:

      

      

      (a)

      Cause. “Cause” means:

      

      

      (i)

      Executive’s gross negligence or willful misconduct in the performance of his or her duties and responsibilities to the Company or Executive’s violation of any written
        Company policy;

      

      

      (ii)

      Executive’s commission of any act of fraud, theft, embezzlement, financial dishonesty, misappropriation from the Company or any other willful misconduct that has caused or
        is reasonably expected to result in injury to the Company;

      

      

      (iii)

      Executive’s conviction of, or pleading guilty or nolo contendre to, any felony or a lesser crime involving dishonesty or moral turpitude;

      

      

      (iv)

      Executive’s unlawful use (including being under the influence) or possession of illegal drugs on the premises of the Company or while performing Executive’s duties and
        responsibilities for the Company;

      

      

      (v)

      Executive’s unauthorized use or disclosure of any proprietary information or trade secrets of the Company or any other party to whom Executive owes an obligation of
        nondisclosure as a result of his or her relationship with the Company; or

      

      

      (vi)

      Executive’s material breach of any of his or her obligations under any written agreement or covenant with the Company.

      

      

      (b)

      Change in Control. “Change in Control” shall have the meaning ascribed to such term in the Equity Plan; provided, however, that the transactions contemplated by the Merger Agreement shall not constitute a Change in Control for purposes hereof.

      

      

      (c)

      Change in Control Protection Period. “Change in Control Protection Period” means period which is three (3) months immediately
        prior to and the twelve (12)-month period immediately following the consummation of a Change in Control.

      

      

      (d)

      Code. “Code” means the Internal Revenue Code of 1986, as amended.

      
        - 6 -

        
          

      

      

      

      (e)

      Disability. “Disability” or “Disabled” means that Executive is unable to engage in any substantial gainful activity by reason
        of any medically determinable physical or mental impairment which can be expected to result in death or which has lasted, or can be expected to last, for a continuous period of not less than one (1) year.

      

      

      (f)

      Good Reason. “Good Reason” means Executive’s resignation or termination of employment within thirty (30) days following the
        expiration of any cure period (discussed below) following the occurrence of one or more of the following without Executive’s consent:

      

      

      (i)

      A material reduction of Executive’s duties or responsibilities, relative to Executive’s duties, authority or responsibilities in effect immediately prior to such reduction;
        provided, however, that a reduction in duties, authority or responsibilities solely by virtue of the Company being acquired and made part of a larger entity (as, for example, when the CFO of the Company remains as such following a Change in Control
        but is not made the CFO of the acquiring corporation) will not constitute Good Reason;

      

      

      (ii)

      A material reduction in Executive’s Base Salary or Target Bonus (except where there is a reduction applicable to all similarly situated executive officers generally);
        provided, that a reduction of less than ten percent (10%) will not be considered a material reduction in Base Salary;

      

      

      (iii)

      A material change in the geographic location of Executive’s primary work facility or location; provided, that a relocation of less than fifty (50) miles from Executive’s
        then-present work location will not be considered a material change in geographic location; or

      

      

      (iv)

      A material breach by the Company of a material provision of this Agreement.

      

      

      Executive will not resign for Good Reason without first providing the Company with written notice of the acts or omissions constituting the grounds for Good Reason within thirty (30) days of the
        initial existence of the grounds for Good Reason and a reasonable cure period of not less than thirty (30) days following the date the Company receives such notice during which such condition must not have been cured.

      

      

      (g)

      Governmental Authority. “Governmental Authority” means any federal, state, municipal, foreign or other government,
        governmental department, commission, board, bureau, agency or instrumentality, or any private or public court or tribunal.

      

      

      (h)

      Person. “Person” shall be construed in the broadest sense and means and includes any natural person, a partnership, a
        corporation, an association, a joint stock company, a limited liability company, a trust, a joint venture, an unincorporated organization and other entity or Governmental Authority.

      

      

      (i)

      Section 409A. “Section 409A” means Section 409A of the Code, and the final regulations and any guidance promulgated thereunder
        or any state law equivalent.

      

      

      (j)

      Section 409A Limit. “Section 409A Limit” shall mean two (2) times the lesser of: (i) Executive’s annualized compensation based
        upon the annual rate of pay paid to Executive during Executive’s taxable year preceding Executive’s taxable year of his or her separation from service as determined under Treasury Regulation Section 1.409A-1(b)(9)(iii)(A)(1) and any Internal
        Revenue Service guidance issued with respect thereto; or (ii) the maximum amount that may be taken into account under a qualified plan pursuant to Section 401(a)(17) of the Code for the year in which Executive’s separation from service occurred.

      
        - 7 -

        
          

      

      

      

      10.

      Golden Parachute.

      

      

      (a)

      Anything in this Agreement to the contrary notwithstanding, if any payment or benefit Executive would receive from the Company or otherwise (“Payment”) would (i) constitute a “parachute payment” within the meaning of Section 280G of the Code; and (ii) but for this sentence, be subject to the excise tax imposed by Section 4999 of the Code (the “Excise Tax”), then such Payment shall be equal to the Reduced Amount. The “Reduced Amount”
        shall be either (x) the largest portion of the Payment that would result in no portion of the Payment being subject to the Excise Tax; or (y) the largest portion, up to and including the total, of the Payment, whichever amount, after taking into
        account all applicable federal, state and local employment taxes, income taxes, and the Excise Tax (all computed at the highest applicable marginal rate), results in Executive’s receipt, on an after-tax basis, of the greater amount of the Payment.
        Any reduction made pursuant to this Section 10(a) shall be made in accordance with the following order of priority: (i) stock options whose exercise price exceeds the fair market value of the optioned stock (“Underwater Options”) (ii) Full Credit Payments (as defined below) that are payable in cash, (iii) non-cash Full Credit Payments that are taxable, (iv) non-cash Full Credit Payments that are not taxable (v) Partial
        Credit Payments (as defined below) and (vi) non-cash employee welfare benefits. In each case, reductions shall be made in reverse chronological order such that the payment or benefit owed on the latest date following the occurrence of the event
        triggering the excise tax will be the first payment or benefit to be reduced (with reductions made pro-rata in the event payments or benefits are owed at the same time). “Full Credit Payment”
        means a payment, distribution or benefit, whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise, that if reduced in value by one dollar reduces the amount of the parachute payment (as defined
        in Section 280G of the Code) by one dollar, determined as if such payment, distribution or benefit had been paid or distributed on the date of the event triggering the excise tax. “Partial Credit
          Payment” means any payment, distribution or benefit that is not a Full Credit Payment.

      

      

      (b)

      A nationally recognized certified public accounting firm selected by the Company (the “Accounting Firm”) shall
        perform the foregoing calculations related to the Excise Tax. If a reduction is required pursuant to Section 10(a), the Accounting Firm shall administer the ordering of the reduction as set forth in Section 10(a). The Company shall bear all
        expenses with respect to the determinations by such accounting firm required to be made hereunder.

      

      

      (c)

      The Accounting Firm engaged to make the determinations hereunder shall provide its calculations, together with detailed supporting documentation, to Executive and the
        Company within fifteen (15) calendar days after the date on which Executive’s right to a Payment is triggered. Any good faith determinations of the Accounting Firm made hereunder shall be final, binding, and conclusive upon Executive and the
        Company.

      

      

      11.

      Arbitration. To the fullest extent permitted by applicable law, Executive and the Company agree that any and all disputes, demands,
        claims, or controversies (“claims”) relating to, arising from or regarding Executive’s employment, including claims by the Company, claims against the Company, and claims against any
        current or former parent, affiliate, subsidiary, successor or predecessor of the Company, and each of the Company’s and these entities’ respective officers, directors, agents or employees, shall be resolved by final and binding arbitration before a
        single arbitrator in King County, Washington  (or another mutually agreeable location). This does not prevent either Executive or the Company from seeking and obtaining temporary or preliminary injunctive relief in court to prevent irreparable harm
        to Executive’s or its confidential information or trade secrets pending the conclusion of any arbitration. This arbitration agreement does not apply to any claims that have been expressly excluded from arbitration by a governing law not preempted
        by the Federal Arbitration Act and does not restrict or preclude Executive from communicating with, filing an administrative charge or claim with, or providing testimony to any governmental entity about any actual or potential violation of law or
        obtaining relief through a government agency process. The parties hereto agree that claims shall be resolved on an individual basis only, and not on a class, collective, or representative basis on behalf of other employees to the fullest extent
        permitted by applicable law (“Class Waiver”). Any claim that all or part of the Class Waiver is invalid, unenforceable, or unconscionable may be determined only by a court. In no case may
        class, collective or representative claims proceed in arbitration on behalf of other employees.

      
        - 8 -

        
          

      

      

      

      The parties agree that the arbitration shall be conducted by a single neutral arbitrator through JAMS in accordance with JAMS Employment Arbitration Rules and Procedures (available at
        www.jamsadr.com/rules-employment-arbitration). Except as to the Class Waiver, the arbitrator shall determine arbitrability. The Company will bear all JAMS arbitration fees and administrative costs in excess of the amount of administrative fees and
        costs that Executive otherwise would have been required to pay if the claims were litigated in court. The arbitrator shall apply the applicable substantive law in deciding the claims at issue. Claims will be governed by their applicable statute of
        limitations and failure to demand arbitration within the prescribed time period shall bar the claims as provided by law. The decision or award of the arbitrator shall be final and binding upon the parties. This arbitration agreement is enforceable
        under and governed by the Federal Arbitration Act. In the event that any portion of this arbitration agreement is held to be invalid or unenforceable, any such provision shall be severed, and the remainder of this arbitration agreement will be
        given full force and effect. By signing the offer letter, Executive acknowledges and agrees that Executive has read this arbitration agreement carefully, are bound by it and are WAIVING ANY RIGHT TO HAVE A TRIAL BEFORE A COURT OR JURY OF ANY AND
        ALL CLAIMS SUBJECT TO ARBITRATION UNDER THIS ARBITRATION AGREEMENT.

      

      

      12.

      Confidentiality Agreement. The Confidential Information and Invention Agreement entered into by and between Executive and the Company
        dated [DATE], attached hereto as Exhibit B (the “Confidentiality Agreement”), remains in full force and effect.

      

      

      13.

      Successors.

      

      

      (a)

      Company’s Successors. This Agreement shall be binding upon any successor (whether direct or indirect and whether by purchase,
        lease, merger, consolidation, liquidation or otherwise) to all or substantially all of the Company’s business and/or assets. For all purposes under this Agreement, the term “Company” shall
        include any successor to the Company’s business or assets that become bound by this Agreement or any affiliate of any such successor that employs Executive.

      

      

      (b)

      Executive’s Successors. This Agreement and all of Executive’s rights hereunder shall inure to the benefit of, and be
        enforceable by, Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees.

      

      

      14.

      Miscellaneous Provisions.

      

      

      (a)

      Indemnification. The Company shall indemnify Executive to the maximum extent permitted by applicable law and the Company’s
        Bylaws with respect to Executive’s service and Executive shall also be covered under a directors and officers liability insurance policy paid for by the Company to the extent that the Company maintains such a liability insurance policy now or in
        the future. Executive agrees to indemnify and save the Company and its affiliates harmless from any damages, which the Company may sustain in any manner primarily through Executive’s willful misconduct or gross negligence or a material breach of
        the provisions of this Agreement. Executive and the Company shall enter into the Indemnification Agreement attached hereto as Exhibit C on the Effective Date, which shall replace the Executive’s existing indemnification agreement at such
        time (the “Indemnification Agreement”).

      

      

      (b)

      Headings. All captions and section headings used in this Agreement are for convenient reference only and do not form a part of
        this Agreement.

      

      

      (c)

      Notice.

      

      

      (i)

      General. Notices and all other communications contemplated by this Agreement shall be in writing and shall be deemed to have been duly given when personally delivered
        or when mailed by U.S. registered or certified mail, return receipt requested and postage prepaid. In Executive’s case, mailed notices shall be addressed to Executive at the home address that Executive most recently communicated to the Company in
        writing. In the case of the Company, mailed notices shall be addressed to its corporate headquarters, and all notices shall be directed to the attention of its Secretary.

      
        - 9 -

        
          

      

      

      

      (ii)

      Notice of Termination. Any termination by the Company for Cause or by Executive for Good Reason will be communicated by a notice of termination to the other party
        hereto given in accordance with Section 14(c)(i) of this Agreement. Such notice will indicate the specific termination provision in this Agreement relied upon, will set forth in reasonable detail the facts and circumstances claimed to provide a
        basis for termination under the provision so indicated, and will specify the termination date (which will be not more than thirty (30) days after the giving of such notice), subject to any applicable cure period. The failure by Executive or the
        Company to include in the notice any fact or circumstance which contributes to a showing of Good Reason or Cause, as applicable, will not waive any right of Executive or the Company, as applicable, hereunder or preclude Executive or the Company, as
        applicable, from asserting such fact or circumstance in enforcing his or her or its rights hereunder, as applicable.

      

      

      (d)

      Modifications and Waivers. No provision of this Agreement shall be modified, waived or discharged unless the modification,
        waiver or discharge is agreed to in writing and signed by Executive and by an authorized officer of the Company (other than Executive ) . No waiver by either party of any breach of, or of compliance with, any condition or provision of this
        Agreement by the other party shall be considered a waiver of any other condition or provision or of the same condition or provision at another time.

      

      

      (e)

      Entire Agreement. This Agreement, the Confidentiality Agreement and the Indemnification Agreement contain the entire
        understanding of the parties with respect to the subject matter hereof and supersede all other prior or contemporaneous discussions, understandings and agreements, whether oral or written, between them relating to the subject matter hereof,
        including, without limitation, the Prior Agreement.

      

      

      (f)

      Withholding Taxes. All payments made under this Agreement shall be subject to reduction to reflect taxes or other deductions
        required to be withheld by law.

      

      

      (g)

      Choice of Law and Severability. Except for the Arbitration provision set forth in Section 11 above, this Agreement shall be
        interpreted in accordance with the laws of the State of Washington without giving effect to provisions governing the choice of law. If any provision of this Agreement becomes or is deemed invalid, illegal or unenforceable in any applicable
        jurisdiction by reason of the scope, extent or duration of its coverage, then such provision shall be deemed amended to the minimum extent necessary to conform to applicable law so as to be valid and enforceable or, if such provision cannot be so
        amended without materially altering the intention of the parties, then such provision shall be stricken and the remainder of this Agreement shall continue in full force and effect. If any provision of this Agreement is rendered illegal by any
        present or future statute, law, ordinance or regulation (collectively, the “Law”) then that provision shall be curtailed or limited only to the minimum extent necessary to bring the
        provision into compliance with the Law. All the other terms and provisions of this Agreement shall continue in full force and effect without impairment or limitation.

      

      

      (h)

      No Assignment. This Agreement and all of Executive’s rights and obligations hereunder are personal to Executive and may not be
        transferred or assigned by Executive at any time. The Company may assign its rights under this Agreement to any entity that assumes the Company’s obligations hereunder in connection with any sale or transfer to such entity of all or a substantial
        portion of the Company’s assets.

      

      

      (i)

      Acknowledgment. Executive acknowledges that Executive has had the opportunity to discuss this matter with and obtain advice
        from Executive’s personal attorney, has had sufficient time to, and has carefully read and fully understood all the provisions of this Agreement, and is knowingly and voluntarily entering into this Agreement.

      

      

      (j)

      Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all
        of which together shall constitute one and the same instrument. Execution via DocuSign, facsimile copy or scanned image will have the same force and effect as execution of an original, and a DocuSign, facsimile or scanned image signature will be
        deemed an original and valid signature.

      

      

      (k)

      Electronic Delivery. The Company may, in its sole discretion, decide to deliver any documents or notices related to this
        letter, securities of the Company or any of its affiliates or any other matter, including documents and/or notices required to be delivered to Executive by applicable securities law or any other law or the Company’s Certificate of Incorporation or
        Bylaws by email or any other electronic means. Executive hereby consents to (i) conduct business electronically (ii) receive such documents and notices by such electronic delivery and (iii) sign documents electronically and agree to participate
        through an on-line or electronic system established and maintained by the Company or a third party designated by the Company.

      

      

      [Signature Page Follows]

      
        - 10 -

        
          

      

      

      

      After you have had an opportunity to review this Agreement, please feel free to contact me if you have any questions or comments. To indicate your acceptance of this Agreement, please sign and date
        this letter in the space provided below and return it to the Company.

      

      

      
        	

              	Very truly yours,

                
	 	 
	 	KINETA, INC.

      

         

        

      	

            	By:	 
	 	 	(Signature)

         

        

      	

            	Name:	 
	 	Title:	 

        

      ACCEPTED AND AGREED:

      

      

      [NAME]

      

      
         

        	(Signature)	 

        

        

         

          

      

      
        
          	Date	 

          

          

        

      

      Exhibit A:          Release of Claims

      Exhibit B:          Confidential Information and Invention Agreement

      Exhibit C:          Indemnification Agreement

      

        

      

    

  

  - 11 -Exhibit 10.29

   

  KINETA, INC.

   

  Indemnification Agreement

   

  This Indemnification Agreement (this “Agreement”) is made as of [Date], by and between
      Kineta, Inc., a Delaware corporation (the “Company”), and [Indemnitee Name] (“Indemnitee”).

   

  RECITALS

   

  The Company and Indemnitee recognize the increasing difficulty in obtaining liability
      insurance for directors, officers and key employees, the significant increases in the cost of such insurance and the general reductions in the coverage of such insurance. The Company and Indemnitee further recognize the substantial increase in
      corporate litigation in general, subjecting directors, officers and key employees to expensive litigation risks at the same time as the availability and coverage of liability insurance has been severely limited. Indemnitee does not regard the current
      protection available as adequate under the present circumstances, and Indemnitee may not be willing to continue to serve in Indemnitee’s current capacity with the Company without additional protection. The Company desires to attract and retain the
      services of highly qualified individuals, such as Indemnitee, and to indemnify its directors, officers and key employees so as to provide them with the maximum protection permitted by law.

   

  AGREEMENT

   

  In consideration of the mutual promises made in this Agreement, and for other good and
      valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Company and Indemnitee hereby agree as follows:

   

  1.

  Indemnification.

   

  (a)

  Third-Party Proceedings. To the fullest extent permitted by applicable law, as such may be
      amended from time to time, the Company shall indemnify Indemnitee, if Indemnitee was, is or is threatened to be made, a party to or a participant (as a witness or otherwise) in any Proceeding (other than a Proceeding by or in the right of the Company
      to procure a judgment in the Company’s favor), against all Expenses, judgments, fines and amounts paid in settlement (if such settlement is approved in advance by the Company, which approval shall not be unreasonably withheld) actually and reasonably
      incurred by Indemnitee in connection with such Proceeding if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the Company and, in the case of a criminal Proceeding, had no
      reasonable cause to believe Indemnitee’s conduct was unlawful.

   

  (b)

  Proceedings By or in the Right of the Company. To the fullest extent permitted by
      applicable law, the Company shall indemnify Indemnitee, if Indemnitee was, is or is threatened to be made a party to or a participant (as a witness or otherwise) in any Proceeding by or in the right of the Company to procure a judgment in the
      Company’s favor, against all Expenses actually and reasonably incurred by Indemnitee in connection with such Proceeding if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of
      the Company, except that no indemnification shall be made in respect of any claim, issue or matter as to which Indemnitee shall have been finally adjudicated by court order or judgment to be liable to the Company unless and only to the extent that
      the Court of Chancery or the court in which such Proceeding is or was pending shall determine upon application that, in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnity for such expenses which such
      court shall deem proper. 

  

  
     

    
      
 

  

  
  (c)

  Success on the Merits. To the fullest extent permitted by applicable law and to the extent
      that Indemnitee has been successful on the merits or otherwise in defense of any Proceeding referred to in Section 1(a) or Section 1(b) or the defense of any claim, issue or matter therein, in whole or in part, the Company shall indemnify Indemnitee
      against all Expenses actually and reasonably incurred by Indemnitee in connection therewith. Without limiting the generality of the foregoing, if Indemnitee is successful on the merits or otherwise as to one or more but less than all claims, issues
      or matters in a Proceeding, the Company shall indemnify Indemnitee against all Expenses actually and reasonably incurred by Indemnitee in connection with such successfully resolved claims, issues or matters to the fullest extent permitted by
      applicable law. If any Proceeding is disposed of on the merits or otherwise (including a disposition without prejudice), without (i) the disposition being adverse to Indemnitee, (ii) an adjudication that Indemnitee was liable to the Company, (iii) a
      plea of guilty by Indemnitee, (iv) an adjudication that Indemnitee did not act in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the Company, and (v) with respect to any criminal Proceeding,
      an adjudication that Indemnitee had reasonable cause to believe Indemnitee’s conduct was unlawful, Indemnitee shall be considered for the purposes hereof to have been wholly successful with respect thereto.

   

  (d)

  Witness Expenses. To the fullest extent permitted by applicable law and to the extent that
      Indemnitee is a witness or otherwise asked to participate in any Proceeding to which Indemnitee is not a party, the Company shall indemnify Indemnitee against all Expenses actually and reasonably incurred by Indemnitee in connection with such
      Proceeding.

   

  2.

  Indemnification Procedure.

   

  (a)

  Advancement of Expenses. To the fullest extent permitted by applicable law, the Company
      shall advance all Expenses actually and reasonably incurred by Indemnitee in connection with a Proceeding within thirty (30) days after receipt by the Company of a statement requesting such advances from time to time, whether prior to or after final
      disposition of any Proceeding. Such advances shall be unsecured and interest free and shall be made without regard to Indemnitee’s ability to repay the Expenses and without regard to Indemnitee’s ultimate entitlement to indemnification under the
      other provisions of this Agreement. Indemnitee shall be entitled to continue to receive advancement of Expenses pursuant to this Section 2(a) unless and until the matter of Indemnitee’s entitlement to indemnification hereunder has been finally
      adjudicated by court order or judgment from which no further right of appeal exists. Indemnitee hereby undertakes to repay such amounts advanced only if, and to the extent that, it ultimately is determined that Indemnitee is not entitled to be
      indemnified by the Company under the other provisions of this Agreement. Indemnitee shall qualify for advances upon the execution and delivery of this Agreement, which shall constitute the requisite undertaking with respect to repayment of advances
      made hereunder and no other form of undertaking shall be required to qualify for advances made hereunder other than the execution of this Agreement. 

  

  
    -2-

    
      
 

  

  (b)

  Notice and Cooperation by Indemnitee. Indemnitee shall promptly notify the Company in
      writing upon being served with any summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding or matter for which indemnification will or could be sought under this Agreement. Such notice to the
      Company shall include a description of the nature of, and facts underlying, the Proceeding, shall be directed to the Chief Executive Officer of the Company and shall be given in accordance with the provisions of Section 13(e) below. In addition,
      Indemnitee shall give the Company such additional information and cooperation as the Company may reasonably request. Indemnitee’s failure to so notify, provide information and otherwise cooperate with the Company shall not relieve the Company of any
      obligation that it may have to Indemnitee under this Agreement, except to the extent that the Company is adversely affected by such failure.

   

  (c)

  Determination of Entitlement.

   

  (i)

  Final Disposition. Notwithstanding any other provision in this Agreement, no determination
      as to entitlement to indemnification under this Agreement shall be required to be made prior to the final disposition of the Proceeding.

   

  (ii)

  Determination and Payment. Subject to the foregoing, promptly after receipt of a statement
      requesting payment with respect to the indemnification rights set forth in Section 1, to the extent required by applicable law, the Company shall take the steps necessary to authorize such payment in the manner set forth in Section 145 of the
      Delaware General Corporation Law. The Company shall pay any claims made under this Agreement, under any statute, or under any provision of the Company’s Certificate of Incorporation or Bylaws providing for indemnification or advancement of Expenses,
      within thirty (30) days after a written request for payment thereof has first been received by the Company, and if such claim is not paid in full within such thirty (30) day-period, Indemnitee may, but need not, at any time thereafter bring an action
      against the Company in the Delaware Court of Chancery to recover the unpaid amount of the claim and, subject to Section 12, Indemnitee shall also be entitled to be paid for all Expenses actually and reasonably incurred by Indemnitee in connection
      with bringing such action. It shall be a defense to any such action (other than an action brought to enforce a claim for advancement of Expenses under Section 2(a)) that Indemnitee has not met the standards of conduct which make it permissible under
      applicable law for the Company to indemnify Indemnitee for the amount claimed. 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 and the Company shall have the burden of proof to overcome that presumption with clear and convincing evidence to the contrary. The termination of any Proceeding by judgment, order, settlement,
      conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best
      interests of the Company, or, in the case of a criminal Proceeding, that Indemnitee had reasonable cause to believe that Indemnitee’s conduct was unlawful. In addition, it is the parties’ intention that if the Company contests Indemnitee’s right to
      indemnification, the question of Indemnitee’s right to indemnification shall be for the court to decide, and neither the failure of the Company (including its Board of Directors, any committee or subgroup of the Board of Directors, independent legal
      counsel, or its stockholders) to have made a determination that indemnification of Indemnitee is proper in the circumstances because Indemnitee has met the applicable standard of conduct required by applicable law, nor an actual determination by the
      Company (including its Board of Directors, any committee or subgroup of the Board of Directors, independent legal counsel, or its stockholders) that Indemnitee has not met such applicable standard of conduct, shall create a presumption that
      Indemnitee has or has not met the applicable standard of conduct. If any requested determination with respect to entitlement to indemnification hereunder has not been made within ninety (90) days after the final disposition of the Proceeding, the
      requisite determination that Indemnitee is entitled to indemnification shall be deemed to have been made. 

  

  
    -3-

    
      
 

  

  (d)

  Payment Directions. To the extent payments are required to be made hereunder, the Company
      shall, in accordance with Indemnitee’s request (but without duplication), (i) pay such Expenses on behalf of Indemnitee, (ii) advance to Indemnitee funds in an amount sufficient to pay such Expenses, or (iii) reimburse Indemnitee for such Expenses.

   

  (e)

  Notice to Insurers. If, at the time of the receipt of a notice of a claim pursuant to
      Section 2(b) hereof, the Company has director and officer liability insurance in effect, the Company shall give prompt notice of the commencement of such Proceeding to the insurers in accordance with the procedures set forth in the respective
      policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding in accordance with the terms of such policies. The Company shall
      provide to Indemnitee: (i) copies of all potentially applicable directors’ and officers’ liability insurance policies, (ii) a copy of such notice delivered to the applicable insurers, and (iii) copies of all subsequent correspondence between the
      Company and such insurers regarding the Proceeding, in each case substantially concurrently with the delivery or receipt thereof by the Company.

   

  (f)

  Defense of Claim and Selection of Counsel. In the event the Company shall be obligated
      under Section 2(a) hereof to advance Expenses with respect to any Proceeding, the Company, if appropriate, shall be entitled to assume the defense of such Proceeding, with counsel reasonably acceptable to Indemnitee, upon the delivery to Indemnitee
      of written notice of its election so to do, and upon Indemnitee providing signed, written consent to such assumption, which shall not be unreasonably withheld. After delivery of such notice, approval of such counsel by Indemnitee and the retention of
      such counsel by the Company, the Company will not be liable to Indemnitee under this Agreement for any fees of counsel subsequently incurred by Indemnitee with respect to the same Proceeding, provided that (i) Indemnitee shall have the right to
      employ counsel in any such Proceeding at Indemnitee’s expense; and (ii) if (A) the employment of counsel by Indemnitee has been previously authorized by the Company, (B) Indemnitee shall have reasonably concluded that there may be a conflict of
      interest between the Company and Indemnitee in the conduct of any such defense or (C) the Company shall not, in fact, have employed counsel to assume the defense of such Proceeding, then the fees and expenses of Indemnitee’s counsel shall be at the
      expense of the Company. In addition, if there exists a potential, but not an actual conflict of interest between the Company and Indemnitee, the actual and reasonable legal fees and expenses incurred by Indemnitee for separate counsel retained by
      Indemnitee to monitor the Proceeding (so that such counsel may assume Indemnitee’s defense if the conflict of interest between the Company and Indemnitee becomes an actual conflict of interest) shall be deemed to be Expenses that are subject to
      indemnification hereunder. The existence of an actual or potential conflict of interest, and whether such conflict may be waived, shall be determined pursuant to the rules of attorney professional conduct and applicable law. The Company shall not be
      required to obtain the consent of Indemnitee for the settlement of any Proceeding the Company has undertaken to defend if the Company assumes full and sole responsibility for each such settlement; provided, however, that the Company shall be required
      to obtain Indemnitee’s prior written approval, which shall not be unreasonably withheld, before entering into any settlement which (1) does not grant Indemnitee a complete release of liability, (2) would impose any penalty or limitation on
      Indemnitee, or (3) would admit any liability or misconduct by Indemnitee. 

  

  
    -4-

    
      
 

  

  3.

  Additional Indemnification Rights.

   

  (a)

  Scope. Notwithstanding any other provision of this Agreement, the Company hereby agrees to
      indemnify Indemnitee to the fullest extent permitted by law, notwithstanding that such indemnification is not specifically authorized by the other provisions of this Agreement, the Company’s Certificate of Incorporation, the Company’s Bylaws or by
      statute. In the event of any change, after the date of this Agreement, in any applicable law, statute, or rule which expands the right of a Delaware corporation to indemnify a member of its board of directors or an officer, such changes shall be
      deemed to be within the purview of Indemnitee’s rights and the Company’s obligations under this Agreement. In the event of any change in any applicable law, statute or rule which narrows the right of a Delaware corporation to indemnify a member of
      its board of directors or an officer, such changes, to the extent not otherwise required by such law, statute or rule to be applied to this Agreement shall have no effect on this Agreement or the parties’ rights and obligations hereunder.

   

  (b)

  Nonexclusivity. The indemnification provided by this Agreement shall not be deemed
      exclusive of any rights to which Indemnitee may be entitled under the Company’s Certificate of Incorporation, its Bylaws, any agreement, any vote of stockholders or disinterested members of the Company’s Board of Directors, the Delaware General
      Corporation Law, or otherwise, both as to action in Indemnitee’s official capacity and as to action in another capacity while holding such office.

   

  (c)

  Interest on Unpaid Amounts. If any payment to be made by the Company to Indemnitee
      hereunder is delayed by more than ninety (90) days from the date the duly prepared request for such payment is received by the Company, interest shall be paid by the Company to Indemnitee at the legal rate under Delaware law for amounts which the
      Company indemnifies or is obligated to indemnify for the period commencing with the date on which Indemnitee actually incurs such Expense or pays such judgment, fine or amount in settlement and ending with the date on which such payment is made to
      Indemnitee by the Company.

   

  (d)

  Third-Party Indemnification. The Company hereby acknowledges that Indemnitee has or may
      from time to time obtain certain rights to indemnification, advancement of expenses and/or insurance provided by one or more third parties (collectively, the “Third-Party Indemnitors”). The Company hereby agrees that it is the indemnitor of
      first resort (i.e., its obligations to Indemnitee are primary and any obligation of the Third-Party Indemnitors to advance expenses or to provide indemnification for the same expenses or liabilities incurred by Indemnitee are secondary), and
      that the Company will not assert that the Indemnitee must seek expense advancement or reimbursement, or indemnification, from any Third-Party Indemnitor before the Company must perform its expense advancement and reimbursement, and indemnification
      obligations, under this Agreement. No advancement or payment by the Third-Party Indemnitors on behalf of Indemnitee with respect to any claim for which Indemnitee has sought indemnification from the Company shall affect the foregoing. The Third-Party
      Indemnitors shall be subrogated to the extent of such advancement or payment to all of the rights of recovery which Indemnitee would have had against the Company if the Third-Party Indemnitors had not advanced or paid any amount to or on behalf of
      Indemnitee. If for any reason a court of competent jurisdiction determines that the Third-Party Indemnitors are not entitled to the subrogation rights described in the preceding sentence, the Third-Party Indemnitors shall have a right of contribution
      by the Company to the Third-Party Indemnitors with respect to any advance or payment by the Third-Party Indemnitors to or on behalf of the Indemnitee. 

  

  
    -5-

    
      
 

  

  4.

  Partial Indemnification. If Indemnitee is entitled under any provision of this Agreement to
      indemnification by the Company for some or a portion of the Expenses, judgments, fines or amounts paid in settlement, actually and reasonably incurred in connection with a Proceeding, but not, however, for the total amount thereof, the Company shall
      nevertheless indemnify Indemnitee for the portion of such Expenses, judgments, fines and amounts paid in settlement to which Indemnitee is entitled.

   

  5.

  Director and Officer Liability Insurance.

   

  (a)

  D&O Policy. The Company shall, from time to time, make the good faith determination
      whether or not it is practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the directors and officers of the Company with coverage for losses from wrongful acts, or to ensure
      the Company’s performance of its indemnification obligations under this Agreement. Among other considerations, the Company will weigh the costs of obtaining such insurance coverage against the protection afforded by such coverage. In all policies of
      director and officer liability insurance, Indemnitee shall be named as an insured in such a manner as to provide Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company’s directors, if Indemnitee is a
      director; or of the Company’s officers, if Indemnitee is not a director of the Company but is an officer; or of the Company’s key employees, if Indemnitee is not an officer or director but is a key employee. Notwithstanding the foregoing, the Company
      shall have no obligation to obtain or maintain such insurance if the Company determines in good faith that such insurance is not reasonably available, if the premium costs for such insurance are disproportionate to the amount of coverage provided, if
      the coverage provided by such insurance is limited by exclusions so as to provide an insufficient benefit, or if Indemnitee is covered by similar insurance maintained by a parent or subsidiary of the Company.

   

  (b) 

  Tail Coverage. In the event of a Change of Control or the Company’s becoming insolvent
      (including being placed into receivership or entering the federal bankruptcy process and the like), the Company shall maintain in force any and all insurance policies then maintained by the Company in providing insurance (directors’ and officers’
      liability, fiduciary, employment practices or otherwise) in respect of Indemnitee, for a period of six years thereafter. 

  

  
    -6-

    
      
 

  

  6.

  Severability. Nothing in this Agreement is intended to require or shall be construed as requiring
      the Company to do or fail to do any act in violation of applicable law. The Company’s inability, pursuant to court order, to perform its obligations under this Agreement shall not constitute a breach of this Agreement. If this Agreement or any
      portion hereof shall be invalidated on any ground by any court of competent jurisdiction, then the Company shall nevertheless indemnify Indemnitee to the full extent permitted by any applicable portion of this Agreement that shall not have been
      invalidated, and the balance of this Agreement not so invalidated shall be enforceable in accordance with its terms.

   

  7.

  Exclusions. Any other provision herein to the contrary notwithstanding, the Company shall not be
      obligated pursuant to the terms of this Agreement:

   

  (a)

  Claims Initiated by Indemnitee. To indemnify or advance Expenses to Indemnitee with respect
      to Proceedings initiated or brought voluntarily by Indemnitee and not by way of defense, except with respect to Proceedings brought to establish, enforce or interpret a right to indemnification under this Agreement or any other statute or law or
      otherwise as required under Section 145 of the Delaware General Corporation Law, but such indemnification or advancement of Expenses may be provided by the Company in specific cases if the Board of Directors finds it to be appropriate; provided,
      however, that the exclusion set forth in the first clause of this subsection shall not be deemed to apply to any investigation initiated or brought by Indemnitee to the extent reasonably necessary or advisable in support of Indemnitee’s defense of a
      Proceeding to which Indemnitee was, is or is threatened to be made, a party;

   

  (b)

  Lack of Good Faith. To indemnify Indemnitee for any Expenses incurred by Indemnitee with
      respect to any Proceeding instituted by Indemnitee to establish, enforce or interpret a right to indemnification under this Agreement or any other statute or law or otherwise as required under Section 145 of the Delaware General Corporation Law, if a
      court of competent jurisdiction determines that each of the material assertions made by Indemnitee in such proceeding was not made in good faith or was frivolous;

   

  (c)

  Unlawful Payments. To indemnify Indemnitee for Expenses to the extent it is determined by a
      final court order or judgment by a court of competent jurisdiction, to which all rights of appeal have either lapsed or been exhausted, that such indemnification is unlawful;

   

  (d)

  Certain Conduct. To indemnify Indemnitee for Expenses on account of Indemnitee’s conduct
      that is established by a final court order or judgment by a court of competent jurisdiction, to which all rights of appeal have either lapsed or been exhausted, as knowingly fraudulent;

   

  (e)

  Insured Claims. To indemnify Indemnitee for Expenses to the extent such Expenses have been
      paid directly to Indemnitee by an insurance carrier under an insurance policy maintained by the Company; or

   

  (f)

  Certain Exchange Act Claims. To indemnify Indemnitee in connection with any claim made
      against Indemnitee for (i) an accounting of profits made from the purchase and sale (or sale and purchase) by Indemnitee of securities of the Company within the meaning of Section 16(b) of the Exchange Act or any similar successor statute or any
      similar provisions of state statutory law or common law, or (ii) any reimbursement of the Company by Indemnitee of any bonus or other incentive-based or equity-based compensation or of any profits realized by Indemnitee from the sale of securities of
      the Company, as required in each case under the Exchange Act (including any such reimbursements that arise from an accounting restatement of the Company pursuant to Section 304 of the Sarbanes-Oxley Act of 2002 (the “Sarbanes-Oxley Act”) or
      Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, or the payment to the Company of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 306 of the Sarbanes-Oxley Act); provided,
      however, that to the fullest extent permitted by applicable law and to the extent Indemnitee is successful on the merits or otherwise with respect to any such Proceeding, the Expenses actually and reasonably incurred by Indemnitee in connection with
      any such Proceeding shall be deemed to be Expenses that are subject to indemnification hereunder. 

  

  
    -7-

    
      
 

  

  8.

  Contribution Claims.

   

  (a)

  If the indemnification provided in Section 1 is unavailable in whole or in part and may not be paid to
      Indemnitee for any reason other than those set forth in Section 7, then in respect to any Proceeding in which the Company is jointly liable with Indemnitee (or would be if joined in such Proceeding), to the fullest extent permitted by applicable law,
      the Company, in lieu of indemnifying Indemnitee, shall pay, in the first instance, the entire amount incurred by Indemnitee, whether for Expenses, judgments, fines or amounts paid in settlement, in connection with any Proceeding without requiring
      Indemnitee to contribute to such payment, and the Company hereby waives and relinquishes any right of contribution it may have at any time against Indemnitee.

   

  (b)

  Without diminishing or impairing the obligations of the Company set forth in the preceding Section 8(a),
      if, for any reason, Indemnitee shall elect or be required to pay all or any portion of any Expenses, judgment or settlement in any Proceeding in which the Company is jointly liable with Indemnitee (or would be if joined in such Proceeding), the
      Company shall contribute to the amount of Expenses, judgments, fines and amounts paid in settlement actually and reasonably incurred and paid or payable by Indemnitee in proportion to the relative benefits received by the Company and all officers,
      directors or employees of the Company, other than Indemnitee, who are jointly liable with Indemnitee (or would be if joined in such Proceeding), on the one hand, and Indemnitee, on the other hand, from the transaction or events from which such
      Proceeding arose; provided, however, that the proportion determined on the basis of relative benefit may, to the extent necessary to conform to law, be further adjusted by reference to the relative fault of the Company and all officers, directors or
      employees of the Company other than Indemnitee who are jointly liable with Indemnitee (or would be if joined in such Proceeding), on the one hand, and Indemnitee, on the other hand, in connection with the transaction or events that resulted in such
      Expenses, judgments, fines or settlement amounts, as well as any other equitable considerations which applicable law may require to be considered. The relative fault of the Company and all officers, directors or employees of the Company, other than
      Indemnitee, who are jointly liable with Indemnitee (or would be if joined in such Proceeding), on the one hand, and Indemnitee, on the other hand, shall be determined by reference to, among other things, the degree to which their actions were
      motivated by intent to gain personal profit or advantage, the degree to which their liability is primary or secondary and the degree to which their conduct is active or passive. 

  

  
    -8-

    
      
 

  

  (c)

  With respect to a Proceeding brought against directors, officers, employees or agents of the Company
      (other than Indemnitee), to the fullest extent permitted by applicable law, the Company shall indemnify Indemnitee from any claims for contribution that may be brought by any such directors, officers, employees or agents of the Company (other than
      Indemnitee) who may be jointly liable with Indemnitee, to the same extent Indemnitee would have been entitled to such indemnification under this Agreement if such Proceeding had been brought against Indemnitee.

   

  9.

  No Imputation. The knowledge and/or actions, or failure to act, of any director, officer, agent or
      employee of the Company or the Company itself shall not be imputed to Indemnitee for purposes of determining any rights under this Agreement.

   

  10.

  Determination of Good Faith. For purposes of any determination of good faith, Indemnitee shall be
      deemed to have acted in good faith if Indemnitee’s action is based on the records or books of account of the Enterprise, including financial statements, or on information supplied to Indemnitee by the officers of the Enterprise in the course of their
      duties, or on the advice of legal counsel for the Enterprise or the Board of Directors of the Enterprise or any counsel selected by any committee of the Board of Directors of the Enterprise or on information or records given or reports made to the
      Enterprise by an independent certified public accountant or by an appraiser, investment banker, compensation consultant, or other expert selected with reasonable care by the Enterprise or the Board of Directors of the Enterprise or any committee
      thereof. The provisions of this Section 10 shall not be deemed to be exclusive or to limit in any way the other circumstances in which the Indemnitee may be deemed to have met the applicable standard of conduct. Whether or not the foregoing
      provisions of this Section are satisfied, it shall in any event be presumed that Indemnitee has at all times acted in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the Company.

   

  11.

  Defined Terms and Phrases. For purposes of this Agreement, the following terms shall have the
      following meanings:

   

  (a)

  “Beneficial Owner” and “Beneficial Ownership” shall have the meanings set forth in Rule
      13d-3 promulgated under the Exchange Act as in effect on the date hereof.

   

  (b)

  “Change of Control” shall be deemed to occur upon the earliest of any of the following events:

   

  (i)

  Acquisition of Stock by Third Party. Any Person is or becomes the Beneficial Owner, directly or
      indirectly, of securities of the Company representing 50% or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial
      Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance
      by the Continuing Directors and such acquisition would not constitute a Change of Control under part (iii) of this definition. 

  

  
    -9-

    
      
 

  

  (ii)

  Change in Board of Directors. Individuals who, as of the date of this Agreement, constitute the
      Company’s Board of Directors (the “Board”), and any new director whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote of at least two thirds of the directors then still in office who were
      directors on the date of this Agreement (collectively, the “Continuing Directors”), cease for any reason to constitute at least a majority of the members of the Board.

   

  (iii)

  Corporate Transaction. The effective date of a reorganization, merger, or consolidation of the
      Company (a “Business Combination”), in each case, unless, following such Business Combination: (1) all or substantially all of the individuals and entities who were the Beneficial Owners of securities entitled to vote generally in the election
      of directors immediately prior to such Business Combination beneficially own, directly or indirectly, more than 51% of the combined voting power of the then outstanding securities of the Company entitled to vote generally in the election of directors
      resulting from such Business Combination (including a corporation which as a result of such transaction owns the Company or all or substantially all of the Company’s assets either directly or through one or more subsidiaries) in substantially the
      same proportions as their ownership, immediately prior to such Business Combination, of the securities entitled to vote generally in the election of directors and with the power to elect at least a majority of the Board or other governing body of the
      surviving entity; (2) no Person (excluding any corporation resulting from such Business Combination) is the Beneficial Owner, directly or indirectly, of 15% or more of the combined voting power of the then outstanding securities entitled to vote
      generally in the election of directors of such corporation except to the extent that such ownership existed prior to the Business Combination; and (3) at least a majority of the Board of Directors of the corporation resulting from such Business
      Combination were Continuing Directors at the time of the execution of the initial agreement, or of the action of the Board of Directors, providing for such Business Combination.

   

  (iv)

  Liquidation. The approval by the Company’s stockholders of a complete liquidation of the Company
      or an agreement or series of agreements for the sale or disposition by the Company of all or substantially all of the Company’s assets, other than factoring the Company’s current receivables or escrows due (or, if such approval is not required, the
      decision by the Board to proceed with such a liquidation, sale or disposition in one transaction or a series of related transactions).

   

  (v)

  Other Events. There occurs any other event of a nature that would be required to be reported in
      response to Item 6(e) of Schedule 14A of Regulation 14A (or a response to any similar item or any similar schedule or form) promulgated under the Exchange Act whether or not the Company is then subject to such reporting requirement.

   

  (c)           “Company” shall include, in addition to the resulting corporation, any
      constituent corporation (including any constituent of a constituent) absorbed in a consolidation or merger which, if its separate existence had continued, would have had power and authority to indemnify its directors, officers, and employees or
      agents, so that if Indemnitee is or was a director, officer, employee or agent of such constituent corporation, or is or was serving at the request of such constituent corporation as a director, officer, trustee, general partner, managing member,
      fiduciary, employee or agent of any other enterprise, Indemnitee shall stand in the same position under the provisions of this Agreement with respect to the resulting or surviving corporation as Indemnitee would have with respect to such constituent
      corporation if its separate existence had continued. 

  

  
    -10-

    
      
 

  

  (d)

  “Enterprise” means the Company and any other enterprise that Indemnitee was or is serving at the
      request of the Company as a director, officer, partner (general, limited or otherwise), member (managing or otherwise), trustee, fiduciary, employee or agent.

   

  (e)

  “Exchange Act” means the Securities Exchange Act of 1934, as amended.

   

  (f)

  “Expenses” shall include all direct and indirect costs, fees and expenses of any type or nature
      whatsoever, including all attorneys’ fees and costs, retainers, court costs, transcript costs, fees of experts, witness fees, travel expenses, fees of private investigators and professional advisors, duplicating costs, printing and binding costs,
      telephone charges, postage, delivery service fees, any federal, state, local or foreign taxes imposed on Indemnitee as a result of the actual or deemed receipt of any payment under this Agreement (including taxes that may be imposed upon the actual
      or deemed receipt of payments under this Agreement with respect to the imposition of federal, state, local or foreign taxes), fax transmission charges, secretarial services and all other disbursements, obligations or expenses in connection with
      prosecuting, defending, preparing to prosecute or defend, investigating, being or preparing to be a witness in, settlement or appeal of, or otherwise participating in a Proceeding. Expenses also shall include any of the forgoing expenses incurred in
      connection with any appeal resulting from any Proceeding, including the principal, premium, security for, and other costs relating to any costs bond, supersedes bond, or other appeal bond or its equivalent. Expenses also shall include any interest,
      assessment or other charges imposed thereon and costs incurred in preparing statements in support of payment requests hereunder. Expenses, however, shall not include amounts paid in settlement by Indemnitee or the amount of judgments or fines against
      Indemnitee.

   

  (g)

  “Person” shall have the meaning as set forth in Section 13(d) and 14(d) of the Exchange Act as in
      effect on the date hereof; provided, however, that “Person” shall exclude: (i) the Company; (ii) any direct or indirect majority owned subsidiaries of the Company; (iii) any employee benefit plan of the Company or any direct or indirect majority
      owned subsidiaries of the Company or of any corporation owned, directly or indirectly, by the Company’s stockholders in substantially the same proportions as their ownership of stock of the Company (an “Employee Benefit Plan”); and (iv) any
      trustee or other fiduciary holding securities under an Employee Benefit Plan.

   

  (h)

  “Proceeding” shall include any actual, threatened, pending or completed action, suit, arbitration,
      mediation, alternate dispute resolution mechanism, investigation, inquiry, administrative hearing or any other actual, threatened or completed proceeding, whether brought by a third party, a government agency, the Company or its Board of Directors or
      a committee thereof, whether in the right of the Company or otherwise and whether of a civil (including intentional or unintentional tort claims), criminal, administrative, legislative or investigative (formal or informal) nature, including any
      appeal therefrom, in which Indemnitee was, is, will or might be involved as a party, potential party, non-party witness or otherwise by reason of the fact that Indemnitee is or was a director, officer, employee or agent of the Company, by reason of
      any action (or failure to act) taken by Indemnitee or of any action (or failure to act) on Indemnitee’s part while acting as a director, officer, employee or agent of the Company, or by reason of the fact that Indemnitee is or was serving at the
      request of the Company as a director, officer, partner (general, limited or otherwise), member (managing or otherwise), trustee, fiduciary, employee or agent of any other enterprise, in each case whether or not serving in such capacity at the time
      any liability or expense is incurred for which indemnification, reimbursement or advancement of expenses can be provided under this Agreement. 

  

  
    -11-

    
      
 

  

  (i)

  In addition, references to “other enterprise” shall include another corporation, partnership,
      limited liability company, joint venture, trust, employee benefit plan or any other enterprise; references to “fines” shall include any excise taxes assessed on Indemnitee with respect to an employee benefit plan; references to “serving at
        the request of the Company” shall include any service as a director, officer, employee or agent of the Company which imposes duties on, or involves services by Indemnitee with respect to an employee benefit plan, its participants, or
      beneficiaries; and if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in the interest of the participants and beneficiaries of an employee benefit plan, Indemnitee shall be deemed to have acted in a manner “not
        opposed to the best interests of the Company” as referred to in this Agreement; references to “include” or “including” shall mean include or including, without limitation; and references to Sections, paragraphs or clauses are to
      Sections, paragraphs or clauses in this Agreement unless otherwise specified.

   

  12.

  Attorneys’ Fees. In the event that any Proceeding is instituted by Indemnitee under this Agreement
      to enforce or interpret any of the terms hereof, the Company shall indemnify Indemnitee against all Expenses actually and reasonably incurred by Indemnitee in connection with such Proceeding, unless a court of competent jurisdiction determines that
      each of the material assertions made by Indemnitee as a basis for such Proceeding were not made in good faith or were frivolous. In the event of a Proceeding instituted by or in the name of the Company under this Agreement or to enforce or interpret
      any of the terms of this Agreement, the Company shall indemnify Indemnitee against all Expenses actually and reasonably incurred by Indemnitee in connection with such Proceeding (including with respect to Indemnitee’s counterclaims and cross-claims
      made in such action), unless a court of competent jurisdiction determines that each of Indemnitee’s material defenses to such action were made in bad faith or were frivolous.

   

  13.

  Miscellaneous.

   

  (a)          Governing Law. The validity, interpretation, construction and
      performance of this Agreement, and all acts and transactions pursuant hereto and the rights and obligations of the parties hereto shall be governed, construed and interpreted in accordance with the laws of the state of Delaware, without giving effect
      to principles of conflicts of law.

   

  (b)          Entire Agreement; Binding Effect. Without limiting any of the rights
      of Indemnitee described in Section 3(b), this Agreement sets forth the entire agreement and understanding of the parties relating to the subject matter herein and merges all prior discussions and supersedes any and all previous agreements between
      them covering the subject matter herein. The indemnification provided under this Agreement applies with respect to events occurring before or after the effective date of this Agreement, and shall continue to apply even after Indemnitee has ceased to
      serve the Company in any and all indemnified capacities. 

  

  
    -12-

    
      
 

  

  (c)          Amendments and Waivers. No modification of or amendment to this
      Agreement, nor any waiver of any rights under this Agreement, shall be effective unless in writing signed by the parties to this Agreement. No delay or failure to require performance of any provision of this Agreement shall constitute a waiver of
      that provision as to that or any other instance.

   

  (d)          Successors and Assigns. This Agreement shall be binding upon the
      Company and its successors (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business and/or assets of the Company) and assigns, and inure to the benefit of Indemnitee and
      Indemnitee’s heirs, executors, administrators, legal representatives and assigns. The Company shall require and cause any successor (whether direct or indirect by purchase, merger, consolidation or otherwise) to all or substantially all 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.

   

  (e)          Notices. Any notice, demand or request required or permitted to be
      given under this Agreement shall be in writing and shall be deemed sufficient when delivered personally or by overnight courier or sent by email, or 48 hours after being deposited in the U.S. mail as certified or registered mail with postage prepaid,
      addressed to the party to be notified at such party’s address as set forth on the signature page, as subsequently modified by written notice, or if no address is specified on the signature page, at the most recent address set forth in the Company’s
      books and records.

   

  (f)           Severability. If one or more provisions of this Agreement are held
      to be unenforceable under applicable law, the parties agree to renegotiate such provision in good faith. In the event that the parties cannot reach a mutually agreeable and enforceable replacement for such provision, then (i) such provision shall be
      excluded from this Agreement, (ii) the balance of the Agreement shall be interpreted as if such provision were so excluded and (iii) the balance of the Agreement shall be enforceable in accordance with its terms.

   

  (g)          Construction. This Agreement is the result of negotiations between
      and has been reviewed by each of the parties hereto and their respective counsel, if any; accordingly, this Agreement shall be deemed to be the product of all of the parties hereto, and no ambiguity shall be construed in favor of or against any one
      of the parties hereto.

   

  (h)          Counterparts. This Agreement may be executed in any number of
      counterparts, each of which when so executed and delivered shall be deemed an original, and all of which together shall constitute one and the same agreement. Execution of a facsimile or scanned copy will have the same force and effect as execution
      of an original, and a facsimile or scanned signature will be deemed an original and valid signature.

   

  (i)           No Employment Rights. Nothing contained in this Agreement is
      intended to create in Indemnitee any right to continued employment. 

  

  
    -13-

    
      
 

  

  (j)           Company Position. The Company shall be precluded from asserting, in
      any Proceeding brought for purposes of establishing, enforcing or interpreting any right to indemnification under this Agreement, that the procedures and presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any
      such court that the Company is bound by all the provisions of this Agreement and is precluded from making any assertion to the contrary.

   

  (k)          Subrogation. Subject to Section 3(d), in the event of 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 documents required and shall do all acts that may be necessary to secure such rights and to enable the
      Company to effectively bring suit to enforce such rights.

   

  [Signature Page Follows] 

  
    -14-

    
      
 

  

  The parties have executed this Indemnification Agreement as of the date first set forth above.

   

  		THE COMPANY:
	 	 
	 	KINETA, INC.

     

    

  		By:	 
	 	 	(Signature)

     

    

  		Name:	 
	 	Title:	 

    

    

  		Address:
	 	219 Terry Ave N, Suite 300
	 	Seattle, WA 98109

   

  AGREED TO AND ACCEPTED:

   

  INDEMNITEE:

   

   

  	(print name)	 

   

   

  	(Signature)	 

   

  Address:

   

  	

        	 

  	Email:	

        	 

    

   

  INDEMNIFICATION AGREEMENT OF KINETA, INC.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00349-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00349-of-00352.parquet"}]]