Document:

EX-10.1

 Exhibit 10.1 

WMR BIOMEDICAL, INC. 

2005 EQUITY INCENTIVE PLAN 
  

	1.	 Purpose 

The purpose of the WMR Biomedical, Inc. 2005 Equity Incentive Plan (the “Plan”) is to attract and retain key employees, directors and
consultants of the Company and its Affiliates, to provide an incentive for them to achieve long-range performance goals, and to enable them to participate in the long-term growth of the Company by granting Awards with respect to the Company’s
Common Stock. Certain capitalized terms used herein are defined in section 8 below. 
  

	2.	 Administration 

The Plan shall be administered by the Committee. The Committee shall select the Participants to receive Awards and shall determine the terms
and conditions of the Awards. The Committee shall have authority to adopt, alter and repeal such administrative rules, guidelines and practices governing the operation of the Plan as it shall from time to time consider advisable, and to interpret
the provisions of the Plan. The Committee’s decisions shall be final and binding. To the extent permitted by applicable law, the Committee may delegate to one or more executive officers of the Company the power to make Awards to Participants
and all determinations under the Plan with respect thereto. 
  

	3.	 Eligibility 

All employees, directors, and consultants of the Company or any Affiliate capable of contributing significantly to the successful performance
of the Company, other than a person who has irrevocably elected not to be eligible, are eligible to be Participants in the Plan. Incentive Stock Options may be granted only to persons eligible to receive such Options under the Code. 

 

	4.	 Stock Available for Awards 

(a) Amount. Subject to adjustment under subsection (b), Awards may be made under the Plan for up to 2,685,000 shares of Common
Stock. If any Award expires or is terminated unexercised or is forfeited or settled in a manner that results in fewer shares outstanding than were awarded, the shares subject to such Award, to the extent of such expiration, termination, forfeiture
or decrease, shall again be available for award under the Plan. Common Stock issued through the assumption or substitution of outstanding grants from an acquired company shall not reduce the shares available for Awards under the Plan. Shares issued
under the Plan may consist in whole or in part of authorized but unissued shares or treasury shares. 

 (b) Adjustment. In the event that the Committee determines that any stock
dividend, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation, split-up, spin-off, combination, exchange of shares or other transaction
affects the Common Stock such that an adjustment is required in order to preserve the benefits intended to be provided by the Plan, then the Committee (subject in the case of Incentive Stock Options to any limitation required under the Code) shall
equitably adjust any or all of (i) the number and kind of shares in respect of which Awards may be made under the Plan, (ii) the number and kind of shares subject to outstanding Awards and (iii) the exercise price with respect to any
of the foregoing, provided that the number of shares subject to any Award shall always be a whole number, and if considered appropriate, the Committee may make provision for a cash payment with respect to an outstanding Award. 

 

	5.	 Stock Options 

(a) Grant of Options. Subject to the provisions of the Plan, the Committee may grant options (“Options”) to purchase
shares of Common Stock (i) complying with the requirements of Section 422 of the Code or any successor provision and any regulations thereunder (“Incentive Stock Options”) and (ii) not intended to comply with such
requirements (“Nonstatutory Stock Options”). The Committee shall determine the number of shares subject to each Option and the exercise price therefor, which in the case of Incentive Stock Options shall not be less than 100% of the Fair
Market Value of the Common Stock on the date of grant. No Incentive Stock Option may be granted hereunder more than ten years after the effective date of the Plan. 

(b) Terms and Conditions. Each Option shall be exercisable at such times and subject to such terms and conditions as the
Committee may specify in the applicable grant or thereafter. The Committee may impose such conditions with respect to the exercise of Options, including conditions relating to applicable federal or state securities laws, as it considers necessary or
advisable. 
 (c) Payment. No shares shall be delivered pursuant to any exercise of an Option until payment in full of the
exercise price therefor is received by the Company. Such payment may be made in whole or in part in cash or, to the extent permitted by the Committee at or after the grant of the Option, by delivery of a note or other commitment satisfactory to the
Committee or shares of Common Stock owned by the optionee, including Restricted Stock, or by retaining shares otherwise issuable pursuant to the Option, in each case valued at their Fair Market Value on the date of delivery or retention, or such
other lawful consideration, including a payment commitment of a financial or brokerage institution, as the Committee may determine. 
  

	6.	 Restricted Stock 

(a) Grant of Restricted Stock. Subject to the provisions of the Plan, the Committee may grant shares of Common Stock subject to
forfeiture (“Restricted Stock”) and determine the duration of the period (the “Restricted Period”) during which, and the conditions under which, the shares may be forfeited to the Company and the other terms and conditions of
such Awards. Shares of Restricted Stock may be issued for no cash consideration, such minimum consideration as may be required by applicable law or such other consideration as the Committee may determine. 

  
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 (b) Restrictions. Shares of Restricted Stock may not be sold, assigned,
transferred, pledged or otherwise encumbered, except as permitted by the Committee, during the Restricted Period. Shares of Restricted Stock shall be evidenced in such manner as the Committee may determine. Any certificates issued in respect of
shares of Restricted Stock shall be registered in the name of the Participant and unless otherwise determined by the Committee, deposited by the Participant, together with a stock power endorsed in blank, with the Company. At the expiration of the
Restricted Period, the Company shall deliver such certificates to the Participant or if the Participant has died, to the Participant’s Designated Beneficiary. 
  

	7.	 General Provisions Applicable to Awards 

(a) Documentation. Each Award under the Plan shall be evidenced by a writing delivered to the Participant specifying the terms
and conditions thereof and containing such other terms and conditions not inconsistent with the provisions of the Plan as the Committee considers necessary or advisable to achieve the purposes of the Plan or to comply with applicable tax and
regulatory laws and accounting principles. 
 (b) Committee Discretion. Each type of Award may be made alone, in addition to or
in relation to any other Award. The terms of each type of Award need not be identical, and the Committee need not treat Participants uniformly. Except as otherwise provided by the Plan or a particular Award, any determination with respect to an
Award may be made by the Committee at the time of grant or at any time thereafter. 
 (c) Termination of Employment. The
Committee shall determine the effect on an Award of the disability, death, retirement or other termination of employment of a Participant and the extent to which, and the period during which, the Participant’s legal representative, guardian or
Designated Beneficiary may receive payment of an Award or exercise rights thereunder. 
 (d) Change in Control. In order to
preserve a Participant’s rights under an Award in the event of a change in control (as defined by the Committee) of the Company, the Committee in its discretion may, at the time an Award is made or at any time thereafter, take one or more of
the following actions: (i) provide for the acceleration of any time period relating to the exercise or payment of the Award, (ii) provide for payment to the Participant of cash or other property with a Fair Market Value equal to the amount
that would have been received upon the exercise or payment of the Award had the Award been exercised or paid upon the change in control, (iii) adjust the terms of the Award in a manner determined by the Committee to reflect the change in
control, (iv) cause the Award to be assumed, or new rights substituted therefor, by another entity, or (v) make such other provision as the Committee may consider equitable to Participants and in the best interests of the Company. 

(e) Transferability. In the discretion of the Committee, any Award may be made transferable upon such terms and conditions and to
such extent as the Committee determines, provided that Incentive Stock Options may be transferable only to the extent permitted by the Code. The Committee may in its discretion waive any restriction on transferability. 

  
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 (f) Loans. The Committee may authorize the making of loans or cash payments to
Participants in connection with the grant or exercise of any Award under the Plan, which loans may be secured by any security, including Common Stock, underlying or related to such Award (provided that the loan shall not exceed the Fair Market Value
of the security subject to such Award), and which may be forgiven upon such terms and conditions as the Committee may establish at the time of such loan or at any time thereafter. 

(g) Withholding Taxes. The Participant shall pay to the Company, or make provision satisfactory to the Committee for payment of,
any taxes required by law to be withheld in respect of Awards under the Plan no later than the date of the event creating the tax liability. The Company and its Affiliates may, to the extent permitted by law, deduct any such tax obligations from any
payment of any kind otherwise due to the Participant. In the Committee’s discretion, such tax obligations may be paid in whole or in part in shares of Common Stock, including shares retained from the Award creating the tax obligation, valued at
their Fair Market Value on the date of delivery. 
 (h) Foreign Nationals. Awards may be made to Participants who are foreign
nationals or employed outside the United States on such terms and conditions different from those specified in the Plan as the Committee considers necessary or advisable to achieve the purposes of the Plan or to comply with applicable laws. 

(i) Amendment of Award. The Committee may amend, modify or terminate any outstanding Award, including substituting therefor
another Award of the same or a different type, changing the date of exercise or realization and converting an Incentive Stock Option to a Nonstatutory Stock Option, provided that the Participant’s consent to such action shall be required unless
the Committee determines that the action, taking into account any related action, would not materially and adversely affect the Participant. 
  

	8.	 Certain Definitions 

“Affiliate” means any business entity in which the Company owns directly or indirectly 50% or more of the total voting power or has a
significant financial interest as determined by the Committee. 
 “Award” means any Option or Restricted Stock granted under the
Plan. 
 “Board” means the Board of Directors of the Company. 

“Code” means the Internal Revenue Code of 1986, as amended from time to time, or any successor law. 

“Committee” means the Board or one or more committees each comprised of not less than two members of the Board appointed by the
Board to administer the Plan or a specified portion thereof. 
 “Common Stock” or “Stock” means the Common Stock, $0.001
par value, of the Company. 

  
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 “Company” means WMR Biomedical, Inc., a Delaware corporation. 

“Designated Beneficiary” means the beneficiary designated by a Participant, in a manner determined by the Committee, to receive
amounts due or exercise rights of the Participant in the event of the Participant’s death. In the absence of an effective designation by a Participant, “Designated Beneficiary” means the Participant’s estate. 

“Fair Market Value” means, with respect to Common Stock or any other property, the fair market value of such property as determined
by the Committee in good faith or in the manner established by the Committee from time to time. 
 “Participant” means a person
selected by the Committee to receive an Award under the Plan. 
  

	9.	 Miscellaneous 

(a) No Right To Employment. No person shall have any claim or right to be granted an Award. Neither the Plan nor any Award
hereunder shall be deemed to give any employee the right to continued employment or to limit the right of the Company to discharge any employee at any time. 

(b) No Rights As Stockholder. Subject to the provisions of the applicable Award, no Participant or Designated Beneficiary shall
have any rights as a stockholder with respect to any shares of Common Stock to be distributed under the Plan until he or she becomes the holder thereof. A Participant to whom Common Stock is awarded shall be considered the holder of the Stock at the
time of the Award except as otherwise provided in the applicable Award. 
 (c) Effective Date. Subject to the approval of the
stockholders of the Company, the Plan shall be effective on January 3, 2005. 
 (d) Amendment of Plan. The Board may
amend, suspend or terminate the Plan or any portion thereof at any time, subject to such stockholder approval as the Board determines to be necessary or advisable to comply with any tax or regulatory requirement. 

(e) Governing Law. The provisions of the Plan shall be governed by and interpreted in accordance with the laws of Delaware. 

This Plan was approved by the Board of Directors on November 21, 2005. 

This Plan was approved by the stockholders on November 21, 2005. 
  

  
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 AMENDMENT NO. 1 TO WMR
BIOMEDICAL, INC. 
 2005 EQUITY INCENTIVE PLAN 

This Amendment No. 1 to the 2005 Equity Incentive Plan (the “Plan”) of WMR Biomedical, Inc. (the
“Company”) has been approved by the Company’s Board of Directors on September 14, 2007. 
 Section 4(a) of
the Plan is hereby amended to replace the first sentence thereof: 
 Subject to adjustment under subsection (b), Awards may be made under
the Plan for up to 3,588,500 shares of Common Stock, $0.001 par value per share, of the Company (the “Common Stock”). 

 AMENDMENT NO. 2 TO ARSENAL
MEDICAL, INC. 
 2005 EQUITY INCENTIVE PLAN 

This Amendment No. 2 to the 2005 Equity Incentive Plan, as amended (the “Plan”) of Arsenal Medical, Inc. (the
“Company”) has been approved by the Company’s Board of Directors on April 4, 2009. 
 Section 4(a) of the Plan is
hereby amended to replace the first sentence thereof: 
 Subject to adjustment under subsection (b), Awards may be made under the Plan
for up to 4,821,449 shares of Common Stock, $0.001 par value per share, of the Company (the “Common Stock”). 

 AMENDMENT NO. 3 TO ARSENAL
MEDICAL, INC. 
 2005 EQUITY INCENTIVE PLAN 

This Amendment No. 3 to the 2005 Equity Incentive Plan, as amended (the “Plan”) of Arsenal Medical, Inc. (the
“Company”) has been approved by the Company’s Board of Directors on November 11, 2010. 
 Section 4(a) of
the Plan is hereby amended to replace the first sentence thereof: 
 Subject to adjustment under subsection (b), Awards may be made under
the Plan for up to 4,901,449 shares of Common Stock, $0.001 par value per share, of the Company (the “Common Stock”). 

 AMENDMENT No. 4 TO ARSENAL
MEDICAL, INC. 
 2005 EQUITY INCENTIVE PLAN 

This Amendment No. 4 to the 2005 Equity Incentive Plan, as amended (the “Plan”) of Arsenal Medical, Inc. (the
“Company”) has been approved by the Company’s Board of Directors on August 25, 2011. 
 Section 4(a) of the Plan
is hereby amended to replace the first sentence thereof: 
 Subject to adjustment under subsection (b), Awards may be made under the Plan
for up to 9,743,632 shares of Common Stock, $0.001 par value per share, of the Company (the “Common Stock”). 

 AMENDMENT TO THE 2005 EQUITY INCENTIVE PLAN OF 

480 BIOMEDICAL, INC. 

(F/K/A WMR BIOMEDICAL, INC.) 
 The 2005
Equity Incentive Plan of 480 Biomedical, Inc. be and hereby is amended by deleting Section 4(a) in its entirety and substituting in its place the following: 
  

	“4.	 Stock Available for Awards 

(a) Amount. Subject to adjustment under subsection (b), Awards may be made under the Plan for up to 17,153,014 shares of Common
Stock. If any Award expires or is terminated unexercised or is forfeited or settled in a manner that results in fewer shares outstanding than were awarded, the shares subject to such Award, to the extent of such expiration, termination, forfeiture
or decrease, shall again be available for award under the Plan. Common Stock issued through the assumption or substitution of outstanding grants from an acquired company shall not reduce the shares available for Awards under the Plan. Shares issued
under the Plan may consist in whole or in part of authorized but unissued shares or treasury shares.” 
  

					
		  		  	 Adopted by the Board of Directors

September 23, 2015

			
		  		  	 Adopted by the Shareholders
 September 30,
2015

  

			
	2005 ISO-                     	  	                 Shares

 WMR BIOMEDICAL, INC. 

2005 Equity Incentive Plan 

Incentive Stock Option Certificate 

WMR Biomedical, Inc. (the “Company”), a Delaware corporation, hereby grants to the person named below an option to purchase shares
of Common Stock, $0.001 par value, of the Company (the “Option”) under and subject to the Company’s 2005 Equity Incentive Plan (the “Plan”) exercisable on the following terms and conditions and those set forth on the reverse
side of this Certificate: 
  

					
			
	Name of Optionholder:	 		 	  

			
	Address:	 		 	  

			
		 		 	  

			
	Social Security No.	 		 	  

			
	Number of Shares:	 		 	                                    
                        
	Option Price:	 		 	                                    
                        
	Date of Grant:	 		 	                                    
                        
			
	Exercisability Schedule:	 		 	[to be set at the time of Grant]

  

	
	 Expiration
Date:                [not more than 10 years from the Date of Grant as stated above]

 This Option is intended to be treated as an Incentive Stock Option under section 422 of the Internal Revenue
Code of 1986, as amended (the “Code”). 
 By acceptance of this Option, the Optionholder agrees to the terms and conditions
hereof. 
  

			
	WMR BIOMEDICAL, INC.
		
	By:	 	          

		 	 Carmichael S. Roberts
 CEO and
President

 WMR BIOMEDICAL, INC. 2005 EQUITY INCENTIVE PLAN 

Incentive Stock Option Terms And Conditions 

 

 1. Plan Incorporated by Reference. This Option is issued pursuant to the terms of the
Plan and may be amended as provided in the Plan. Capitalized terms used and not otherwise defined in this certificate have the meanings given to them in the Plan. This certificate does not set forth all of the terms and conditions of the Plan, which
are incorporated herein by reference. The Committee administers the Plan and its determinations regarding the operation of the Plan are final and binding. Copies of the Plan may be obtained upon written request without charge from the Company. 

2. Option Price. The price to be paid for each share of Common Stock issued upon exercise of the whole or any part of this Option is
the Option Price set forth on the face of this certificate. 
 3. Exercisability Schedule. This Option may be exercised at any time
and from time to time for the number of shares and in accordance with the exercisability schedule set forth on the face of this certificate, but only for the purchase of whole shares. This Option may not be exercised as to any shares after the
Expiration Date. 
 4. Method of Exercise. To exercise this Option, the Optionholder shall deliver written notice of exercise to the
Company specifying the number of shares with respect to which the Option is being exercised accompanied by payment of the Option Price for such shares in cash, by certified check or in such other form, including shares of Common Stock of the Company
valued at their Fair Market Value on the date of delivery, as the Committee may approve. Promptly following such notice, the Company will deliver to the Optionholder a certificate representing the number of shares with respect to which the Option is
being exercised. 
 5. Rights as a Stockholder or Employee. The Optionholder shall not have any rights in respect of shares as to
which the Option shall not have been exercised and payment made as provided above. The Optionholder shall not have any rights to continued employment by the Company or its Affiliates by virtue of the grant of this Option. 

6. Recapitalization, Mergers, Etc. As provided in the Plan, in the event of corporate transactions affecting the Company’s
outstanding Common Stock, the Committee shall equitably adjust the number and kind of shares subject to this Option and the exercise price hereunder or make provision for a cash payment If such transaction involves a consolidation or merger of the
Company with another entity, the sale or exchange of all or substantially all of the assets of the Company or a reorganization or liquidation of the Company, then in lieu of the foregoing, the Committee may upon written notice to the Optionholder
provide that this Option shall terminate on a date not less than 20 days after the date of such notice unless theretofore exercised. In connection with such notice, the Committee may in its discretion accelerate or waive any deferred exercise
period. 
 7. Option Not Transferable. This Option is not transferable by the Optionholder otherwise than by will or the laws of
descent and distribution, and is exercisable, during the Optionholder’s lifetime, only by the Optionholder. The naming of a Designated Beneficiary does not constitute a transfer.

 8. Exercise of Option After Termination of Employment. If the Optionholder’s
employment with (a) the Company, (b) an Affiliate, or (c) a corporation (or parent or subsidiary corporation of such corporation) issuing or assuming a stock option in a transaction to which section 424(a) of the Code applies, is terminated for any
reason other than by disability (within the meaning of section 22(e)(3) of the Code) or death, the Optionholder may exercise the rights which were available to the Optionholder at the time of such termination only within ninety days from the date of
termination. If Optionholder’s employment is terminated as a result of disability, such rights may be exercised within twelve months from the date of termination. Upon the death of the Optionholder, his or her Designated Beneficiary shall have
the right, at any time within twelve months after the date of death, to exercise in whole or in part any rights that were available to the Optionholder at the time of death. Notwithstanding the foregoing, no rights under this Option may be exercised
after the Expiration Date. 
 9. Compliance with Securities Laws. It shall be a condition to the Optionholder’s right to
purchase shares of Common Stock hereunder that the Company may, in its discretion, require (a) that the shares of Common Stock reserved for issue upon the exercise of this Option shall have been duly listed, upon official notice of issuance,
upon any national securities exchange or automated quotation system on which the Company’s Common Stock may then be listed or quoted, (b) that either (i) a registration statement under the Securities Act of 1933 with respect to the
shares shall be in effect, or (ii) in the opinion of counsel for the Company, the proposed purchase shall be exempt from registration under that Act and the Optionholder shall have made such undertakings and agreements with the Company as the
Company may reasonably require, and (c) that such other steps, if any, as counsel for the Company shall consider necessary to comply with any law applicable to the issue of such shares by the Company shall have been taken by the Company or the
Optionholder, or both. The certificates representing the shares purchased under this Option may contain such legends as counsel for the Company shall consider necessary to comply with any applicable law. 

10. Payment of Taxes. The Optionholder shall pay to the Company, or make provision satisfactory to the Company for payment of, any
taxes required by law to be withheld with respect to the exercise of this Option. The Committee may, in its discretion, require any other Federal or state taxes imposed on the sale of the shares to be paid by the Optionholder. In the
Committee’s discretion, such tax obligations may be paid in whole or in part in shares of Common Stock, including shares retained from the exercise of this Option, valued at their Fair Market Value on the date of delivery. The Company and its
Affiliates may, to the extent permitted by law, deduct any such tax obligations from any payment of any kind otherwise due to the Optionholder. 

11. Notice of Sale of Shares Required. The Optionholder agrees to notify the Company in writing within 30 days of the disposition of
any shares purchased upon exercise of this Option if such disposition occurs within two years of the date of the grant of this Option or within one year after such purchase.

 

  

			
	2005 NSO-                     	  	                 Shares

 WMR BIOMEDICAL, INC. 

2005 Equity Incentive Plan 

Nonstatutory Stock Option Certificate 

WMR Biomedical, Inc., a Delaware corporation, hereby grants to the person named below an option to purchase shares of Common Stock, $0.001 par
value, of the Company (the “Option”) under and subject to the Company’s 2005 Equity Incentive Plan (the “Plan”) exercisable on the following terms and conditions and those set forth on the reverse side of this Certificate:

  

							
	Name of Optionholder:	 		 	  
	 	
	Address:	 		 	  
	 	
		 		 	  
	 	
	Social Security No.	 		 	  
	 	
		 		 		 	
	Number of Shares:	 		 	                                      
                                   	 	
	Option Price:	 		 	                                      
                                   	 	
	Date of Grant:	 		 	                                      
                                   	 	
				
	Exercisability Schedule:	 		 	[to be set at the time of Grant]	 	                    
				
	Expiration Date:	 		 	[to be set at the time of Grant]	 	

 This Option shall not be treated as an Incentive Stock Option under section 422 of the Internal Revenue Code
of 1986, as amended (the “Code”). 
 By acceptance of this Option, the Optionholder agrees to the terms and conditions hereof.

  

			
	WMR BIOMEDICAL, INC.
		
	By:	 	              

		 	 Carmichael S. Roberts
 CEO and
President

 WMR BIOMEDICAL, INC. 2005 EQUITY INCENTIVE PLAN 

Nonstatutory Stock Option Terms And Conditions 

 

 1. Plan Incorporated by Reference. This Option is issued pursuant to the terms of the
Plan and may be amended as provided in the Plan. Capitalized terms used and not otherwise defined in this certificate have the meanings given to them in the Plan. This certificate does not set forth all of the terms and conditions of the Plan, which
are incorporated herein by reference. The Committee administers the Plan and its determinations regarding the operation of the Plan are final and binding. Copies of the Plan may be obtained upon written request without charge from the Company. 

2. Option Price. The price to be paid for each share of Common Stock issued upon exercise of the whole or any part of this Option is
the Option Price set forth on the face of this certificate. 
 3. Exercisability Schedule. This Option may be exercised at any time
and from time to time for the number of shares and in accordance with the exercisability schedule set forth on the face of this certificate, but only for the purchase of whole shares. This Option may not be exercised as to any shares after the
Expiration Date. 
 4. Method of Exercise. To exercise this Option, the Optionholder shall deliver written notice of exercise to the
Company specifying the number of shares with respect to which the Option is being exercised accompanied by payment of the Option Price for such shares in cash, by certified check or in such other form, including shares of Common Stock of the Company
valued at their Fair Market Value on the date of delivery, as the Committee may approve. Promptly following such notice, the Company will deliver to the Optionholder a certificate representing the number of shares with respect to which the Option is
to be exercised. 
 5. Rights as a Stockholder or Employee. The Optionholder shall not have any rights in respect of shares as to
which the Option shall not have been exercised and payment made as provided above. The Optionholder shall not have any rights to continued employment by the Company or its Affiliates by virtue of the grant of this Option. 

6. Recapitalization, Mergers, Etc. As provided in the Plan, in the event of corporate transactions affecting the Company’s
outstanding Common Stock, the Committee shall equitably adjust the number and kind of shares subject to this Option and the exercise price hereunder or make provision for a cash payment. If such transaction involves a consolidation or merger of the
Company with another entity, the sale or exchange of all or substantially all of the assets of the Company or a reorganization or liquidation of the Company, then in lieu of the foregoing, the Committee may upon written notice to the Optionholder
provide that this Option shall terminate on a date not less than 20 days after the date of such notice unless theretofore exercised. In connection with such notice, the Committee may in its discretion accelerate or waive any deferred exercise
period. 
 7. Option Not Transferable. This Option is not transferable by the Optionholder otherwise than by will or the laws of
descent and distribution, and is exercisable, during the Optionholder’s lifetime, only by the Optionholder. The naming of a Designated Beneficiary does not constitute a transfer.

 8. Exercise of Option After Termination of Service. If the Optionholder’s status
as an employee, director or consultant of (a) the Company, (b) an Affiliate, or (c) a corporation (or parent or subsidiary corporation of such corporation) issuing or assuming a stock option in a transaction to which section
transaction to which 424(a) of the Code applies, is terminated for any reason other than by disability (within) the meaning of section 22(e)(3) of the Code) or death, the Optionholder excercise the rights which were available to the Optionholder at
the time of such termination only within ninety days from the date of termination. If such status is terminated as a result of disability, such rights may be exercised within twelve months from the date of termination. Upon the death of the
Optionholder, his or her Designated Beneficiary shall have the right, at any time within twelve months after the date of death, to exercise in whole or in part any rights that were available to the Optionholder at the time of death. Notwithstanding
the foregoing, no rights under this Option may be exercised after the Expiration Date. 
 9. Compliance with Securities Laws. It
shall be a condition to the Optionholder’s right to purchase shares of Common Stock hereunder that the Company may, in its discretion, require (a) that the shares of Common Stock reserved for issue upon the exercise of this Option shall
have been duly listed, upon official notice of issuance, upon any national securities exchange or automated quotation system on which the Company’s Common Stock may then be listed or quoted, (b) that either (i) a registration
statement under the Securities Act of 1933 with respect to the shares shall be in effect, or (ii) in the opinion of counsel for the Company, the proposed purchase shall be exempt from registration under that Act and the Optionholder shall have
made such undertakings and agreements with the Company as the Company may reasonably require, and (c) that such other steps, if any, as counsel for the Company shall consider necessary to comply with any law applicable to the issue of such
shares by the Company shall have been taken by the Company or the Optionholder, or both. The certificates representing the shares purchased under this Option may contain such legends as counsel for the Company shall consider necessary to comply with
any applicable law. 
 10. Payment of Taxes. The Optionholder shall pay to the Company, or make provision satisfactory to the
Company for payment of, any taxes required by law to be withheld with respect to the exercise of this Option. The Committee may, in its discretion, require any other Federal or state taxes imposed on the sale of the shares to be paid by the
Optionholder. In the Committee’s discretion, such tax obligations may be paid in whole or in part in shares of Common Stock, including shares retained from the exercise of this Option, valued at their Fair Market Value on the date of delivery.
The Company and its Affiliates may, to the extent permitted by law, deduct any such tax obligations from any payment of any kind otherwise due to the Optionholder.

 

 WMR Biomedical, Inc. 

2005 Equity Incentive Plan 

Restricted Stock Agreement 

WMR Biomedical, Inc. (the “Company”), a Delaware corporation, and
                     (the “Purchaser”) have entered into this Restricted Stock Agreement dated
                     under the Company’s 2005 Equity Incentive Plan (the “Plan”). Capitalized terms not otherwise defined
herein have the meanings given to them in the Plan. 
 1. Purchase and Sale of Shares. Pursuant to the Plan and subject to the terms
and conditions of this Agreement, the Company hereby agrees to sell to Purchaser                      shares of the Company’s Common
Stock, $0.001 par value (the “Shares”) at a price of $                 per share (the “Purchase Price”). The Purchase Price for
the Shares will be paid in cash, by delivery to the Company of a check payable to the order of the Company, upon execution of this Agreement. 

2. Restrictions on the Shares. Until the Shares vest as set forth in Section 3: 

(a) the Shares may not be sold, assigned, pledged or transferred by the Purchaser, and 

(b) the Shares shall be subject to the repurchase right (the “Repurchase Right”) set forth in Section 4. 

3. Vesting of the Shares. For purposes of this Agreement: 

(a)
                         shares shall vest on
                         (the “Vesting Start Date”). 

(b) The remaining
                         shares shall vest thereafter in
                 (       ) equal portions of
                 shares each. 
 4. Repurchase
Right. 
 (a) Purchaser agrees that if for any reason, including death or disability, Purchaser ceases, voluntarily or involuntarily, to
be engaged by the Company as an employee or consultant (such event hereinafter referred to as “Purchaser’s Departure”), then the Company shall have the right but not the obligation, at any time within ninety (90) days
after the Purchaser’s Departure, to purchase from the Purchaser (or his personal representative, as the case may be) all of the Shares purchased hereunder which have not vested under Section 3 (the “Unvested Shares”) at
the Purchase Price and on the terms set forth in this Section 4. As used in this Section 4, “disability” means (i) legal incapacity or (ii) any other incapacity which the Company reasonably determines makes it
more probable than not that Purchaser will be unable to perform services for the Company as an employee or consultant for a total of at least three (3) months out of any six-month period because
Purchaser’s physical or mental health shall have become impaired so as to make it impossible or impractical for Purchaser to perform the duties and responsibilities contemplated for such office. 

 (b) The Company may exercise its option to repurchase the Unvested Shares by giving
Purchaser notice at any time within ninety (90) days after the date of Purchaser’s Departure, specifying a date for repurchase not more than one hundred twenty (120) days after Purchaser’s Departure. Payment of the Purchase Price
for the Unvested Shares shall be tendered and payable by Company check at 11:00 a.m. local time at the principal office of the Company against delivery of the certificate for such Shares, duly endorsed for transfer or accompanied by a duly executed
stock power. 
 (c) If the Company gives Purchaser notice of its exercise thereof pursuant to this Section 4 and has made available or
tendered the purchase price at the place and time set forth in such notice of exercise, then after such time all Purchaser’s right as a holder of the Unvested Shares shall cease, other than the right to receive the Purchase Price therefor, and
the Unvested Shares shall no longer be deemed to be outstanding, regardless of whether the certificate therefor has been delivered to the Company. 

(d) Failure of the Company to exercise its option under this Section 4 to repurchase Unvested Shares shall result in such Unvested Shares
becoming vested for purposes of Section 5 below. 
 5. Right of First Refusal. 

(a) Purchaser shall not sell, assign, transfer, exchange, pledge or otherwise dispose of any Shares which have vested as set forth in
Section 3 or Section 4(d) above except to a Permitted Transferee (as defined below) unless prior to any sale or other transfer thereof, Purchaser (or his or her personal representative, as the case may be) shall provide the Company with
written notice, in the manner provided in Section 15 hereof, describing the number of vested Shares intended to be sold or transferred, the price and the general terms of the proposed sale or transfer. 

(b) The Company shall have the right (the “First Refusal Right”), at any time within sixty (60) days after the notice
required by Section 5(a) hereof, to purchase from Purchaser (or his personal representative, as the case may be) all but not less than all of the Shares specified in, and at the price (the “First Refusal Price”) and upon the
general terms specified in, such notice. 
 (c) If the First Refusal Right is not exercised, then for a period of 120 days, Purchaser (or his
personal representative, as the case may be) shall be free to sell, or otherwise transfer up to but not exceeding the number of Shares specified in the notice required by Section 5(a) hereof, at a price and upon general terms no more favorable
to purchasers or transferees thereof than specified in the notice required by Section 5(a) hereof. 
 (d) In the event that any Shares
which are free to be sold or otherwise transferred under the terms of Section 5(c) hereof are not sold or otherwise transferred within said 120-day period, such Shares shall again be subject to the First
Refusal Right and Purchaser (or his personal representative, as the case may be) shall comply with all the provisions of this Section 5 prior to selling or otherwise transferring any such Shares. 

 (e) Failure to exercise the First Refusal Right with respect to any Shares shall not
constitute a waiver of the First Refusal Right with respect to any other Shares. 
 (f) A “Permitted Transferee” shall mean any of
such Purchaser’s ancestors, descendants or spouse or any trust for the benefit of any such persons or a trust for the benefit of the Purchaser, provided that Shares transferred to a Permitted Transferee shall remain subject to this
Agreement and such Permitted Transferee shall, as a condition to such transfer, deliver to the Company a written instrument confirming that such Permitted Transferee shall be bound by all the terms and conditions of this Agreement. 

6. Exercise Procedure. The Repurchase Right and the First Refusal Right shall be exercised by written notice signed by an officer of the
Company and delivered or mailed as provided in Section 15 hereof. The Repurchase Price and the First Refusal Price shall be payable, at the option of the Company, in cancellation of all or a portion of any outstanding indebtedness of Purchaser
to the Company or in cash (by check) or both. 
 7. Assignability of Rights. The Company may, in its sole discretion, assign its
rights under Sections 4 and 5. 
 8. Effect of Certain Transactions. If, from time to time during the term of the Repurchase Right or
the First Refusal Right (i) there is any stock dividend or liquidating dividend of cash and/or property, stock split or other change in the character or amount of any of the outstanding securities of the Company; or (ii) there is any
consolidation, merger or sale of all, or substantially all, of the assets of the Company, then, in such event, any and all new, substituted or additional securities or other property (other than cash) to which Purchaser is entitled by reason of his
ownership of Shares shall be subject to the Repurchase Right or the First Refusal Right, as the case may be, and be included in the word “Shares” for all purposes of the Repurchase Right and the First Refusal Right with the same force and
effect as the Shares subject to the Repurchase Right and the First Refusal Right. While the total Repurchase Price shall remain the same after each such event, the Repurchase Price per share of Shares upon exercise of the Repurchase Right shall be
appropriately adjusted. For purposes of vesting, stock acquired as provided in clauses (i) and (ii) above shall be deemed to have been acquired at the time of acquisition of the Shares on which such Shares were distributed. 

9. Termination of First Refusal Right. The First Refusal Right shall terminate only (i) upon the closing of an underwritten public
offering pursuant to an effective registration statement under the Securities Act of 1933, as amended, covering the offer and sale of shares of Common Shares of the Company to the public or (ii) upon the consolidation, merger or sale of all, or
substantially all of the assets of the Company in which securities of the acquiring company (or any affiliate of the acquiring company) are issued to the Purchaser in exchange for the Shares, provided that such securities are issued by a
publicly held corporation. 

 10. Legends. All certificates representing any Shares subject to the provisions of
this Agreement shall have endorsed thereon the following legends: 
 (a) “Any disposition of any interest in the securities represented
by this certificate is subject to restrictions, and the securities represented by this certificate are subject to a repurchase right and a first refusal right, contained in a certain agreement between the record holder hereof and the corporation, a
copy of which may be obtained from the Secretary of the corporation upon receipt by the corporation of a written request therefor.” 

(b) Any legend required to be placed thereon by federal or state securities laws. 

11. Purchaser Representations. Purchaser acknowledges that the Shares to be issued pursuant to this Agreement have not been registered
under the Securities Act of 1933, as amended (the “Act”), and Purchaser warrants and represents to the Company as follows: 
 (a)
Purchaser is purchasing the Shares solely for his or her own account for investment and not with a view to or for sale or distribution of the Shares or any portion thereof and not with any present intention of selling, offering to sell or otherwise
disposing of or distributing the securities or any portion thereof. Purchaser also represents that the entire legal and beneficial interest of the Shares that Purchaser is purchasing is being purchased for, and will be held for the account of, the
Purchaser only and neither in whole nor in part for any other person. 
 (b) Purchaser has heretofore discussed the Company and its plans,
operations and financial condition with its officers, and Purchaser has heretofore received all such information as Purchaser deems necessary and appropriate to enable Purchaser to evaluate the financial risk inherent in making an investment in the
Shares of the Company. Purchaser further represents and warrants that Purchaser has received satisfactory and complete information concerning the business and financial condition of the Company in response to all inquiries in respect thereof. 

(c) Purchaser realizes that the purchase of the Shares will be a highly speculative investment and Purchaser is able, without impairing his or
her financial condition, to hold the Shares for an indefinite period of time and to suffer a complete loss of the investment. 
 (d) The
Purchaser acknowledges that the Company hereby discloses to Purchaser in writing: 
 (i) the sale of the Shares which the
Purchaser is purchasing has not been registered under the Act and the Shares must be held indefinitely unless a transfer of the Shares is subsequently registered under the Act or an exemption from such registration is available; 

(ii) the share certificate representing the Shares will be stamped with the legends restricting transfer specified in this
Agreement; and 
 (iii) the Company will make a notation in its records of the aforementioned restrictions on transfer and
legends. 

 12. Prohibited Transfers. The Company shall not be required (i) to transfer on
its books any Shares of the Company which shall have been sold or transferred in violation of any of the provisions set forth in this Agreement or (ii) to treat as owner of such shares, or to accord the right to vote as such owner or to pay
dividends to, any transferee to whom such shares shall have been so transferred. In the event of a sale of Shares by Purchaser pursuant to Section 5(c) hereof, Purchaser shall furnish to the Company proof that such sale was made in compliance
with the provisions of Section 5(c) hereof as to price and general terms of such sale. 
 13. Rights as a Shareholder. Subject to
the provisions of this Agreement, Purchaser shall, during the term of this Agreement, be entitled to exercise all rights and privileges of a shareholder of the Company with respect to the Shares. 

14. Further Actions. The parties agree to execute such further instruments and to take such further action as may reasonably be
necessary to carry out the intent of this Agreement. 
 15. Notices. Any notice required or permitted hereunder shall be given in
writing and shall be deemed effectively given upon personal delivery or upon deposit in the United States Post Office, by registered or certified mail with postage and fees prepaid, addressed to the other party hereto at his address hereinafter
shown below his signature or at such other address as such party may designate by ten days’ advance written notice to the other party hereto. 

16. Section 83(b) Election. Purchaser understands that when the Company’s repurchase rights under Section 4
lapse with respect to the Shares, Section 83 of the Internal Revenue Code of 1986, as amended (the “Code”), imposes a tax at ordinary income rates with respect to such Shares in an amount equal to the excess of the fair market
value of such Shares, determined on the date such repurchase rights lapsed, over the Share Price for such Shares. Purchaser also understands that (i) alternatively, Purchaser may elect, in substantially the form for making this election
attached as Exhibit 1 hereto, to be taxed in the year the Shares were purchased rather than when the Company’s option to repurchase the Shares expires by filing an election under Section 83(b) of the Code with the Internal Revenue
Service within thirty (30) days from the date of purchase; (ii) if Purchaser files such an election, Purchaser will be taxed at ordinary income rates on the excess, if any, of the fair market value of all Shares on the date of purchase
over the Share Price; (iii) even if the fair market value of the Share equals the Share Price for the Shares, the election must be made if Purchaser wishes to fix any tax liability at the time of purchase rather than at the time the
Company’s option to repurchase the Shares expires; (iv) if Purchaser makes such an election Purchaser must provide the Company with a copy of the election prior to filing it with the Internal Revenue Service; and (v) Purchaser must file
another copy of the election with his federal income tax return for the tax year in which Purchaser filed the election. Purchaser acknowledges that it is Purchaser’s sole responsibility and not the Company’s to determine whether
it is advisable to make the election and, if Purchaser so elects, to file the election in timely fashion and to make any filings under corresponding provisions of state tax law. 

17. Limitation of Rights. Nothing in this Agreement shall affect in any manner whatsoever the right or power of the Company or any
Affiliate to terminate Purchaser’s employment or engagement as a consultant, for any reason, with or without cause. 

 18. Successors and Assigns. This Agreement shall inure to the benefit of the
successors and assigns of the Company and be binding upon Purchaser and his heirs, executors or administrators, or his successors and assigns. 

19. Governing Law. This Agreement shall be governed by and interpreted under the laws of the Commonwealth of Massachusetts. 

20. Counterparts. This Agreement may be executed simultaneously in any number of counterparts, each of which shall be deemed to be an
original, but all of which together shall constitute one and the same instrument. 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement under seal as of the day
and year first above written. 
  

			
	 WMR BIOMEDICAL, INC.

		
	 By:
	 	  

		 	 Carmichael S. Roberts

CEO and President

	
	 PURCHASER:

		
		 	  

		 	     Name:

		
		 	     Address:

 Exhibit 1 

Election to Include in Gross Income in Year 

of Transfer Pursuant to Section 83(b) 

of the Internal Revenue Service 

The undersigned hereby makes an election pursuant to Section 83(b) of the Internal Revenue Code with respect to the property described
below and supplies the following information in accordance with the regulations promulgated thereunder: 
 1. The name, address and taxpayer
identification number of the undersigned are: 
  

			
	 Name:
	 	                                      
                      
	 Address:
	 	                                      
                      
		 	                                      
                      
	 SS#:
	 	                                      
                      

 2. Description of property with respect to which the election is being made is: 

                       
  shares of Common Stock, $0.001 par value, of WMR Biomedical, Inc. (the “Company”) received pursuant to a Restricted Stock Agreement. 

3. Date on which property was transferred is
                            . 

The taxable year to which this election relates is calendar year         . 

4. Nature of restrictions to which property is subject: 

Termination of the Taxpayer’s position as an employee of or consultant to the Company would allow the Company to repurchase the Shares
pursuant to Section 4 of the Restricted Stock Agreement at a price per share of $                . 

5. The fair market value at the time of transfer (determined without regard to any restrictions other than restrictions which by their terms
will never lapse) of the property with respect to which this election is being made is $                     per share. 

6. The amount paid by taxpayer for said property is
$                     per share. 

7. A copy of this statement has been furnished to the Company. 

Dated:
                             

 

	
	  

	Name:EX-10.2

 Exhibit 10.2 

480 BIOMEDICAL, INC. 

2016 EQUITY INCENTIVE PLAN 
  

	 	1.	 Purpose. 

The purpose of the Plan is to advance the interests of the Company’s stockholders by enhancing the Company’s ability to attract,
retain and motivate persons who make (or are expected to make) important contributions to the Company by providing such persons with equity ownership opportunities and thereby better aligning the interests of such persons with those of the
Company’s stockholders. Capitalized terms used in the Plan are defined in Section 11 below. 
  

	 	2.	 Eligibility. 

Service Providers are eligible to be granted Awards under the Plan, subject to the limitations described herein. 

 

	 	3.	 Administration and Delegation. 

(a) Administration. The Plan will be administered by the Administrator. The Administrator shall have authority to determine which
Service Providers will receive Awards, to grant Awards and to set all terms and conditions of Awards (including, but not limited to, vesting, exercise and forfeiture provisions). In addition, the Administrator shall have the authority to take all
actions and make all determinations contemplated by the Plan and to adopt, amend and repeal such administrative rules, guidelines and practices relating to the Plan as it shall deem advisable. The Administrator may correct any defect or ambiguity,
supply any omission or reconcile any inconsistency in the Plan or any Award in the manner and to the extent it shall deem necessary or appropriate to carry the Plan and any Awards into effect, as determined by the Administrator. The Administrator
shall make all determinations under the Plan in the Administrator’s sole discretion and all such determinations shall be final and binding on all persons having or claiming any interest in the Plan or in any Award. 

(b) Appointment of Committees. To the extent permitted by Applicable Laws, the Board may delegate any or all of its powers under the
Plan to one or more Committees. The Board may abolish any Committee at any time and re-vest in itself any previously delegated authority. 

 

	 	4.	 Stock Available for Awards. 

(a) Number of Shares. Subject to adjustment under Section 8 hereof, Awards may be made under the Plan covering up to 451,986 shares
of Common Stock plus the number of shares of Common Stock (up to 4,048,014 shares) reserved for issuance under the Company’s 2005 Equity Incentive Plan (the “Existing Plan”) that remain available for grant under
the Existing Plan on the date this Plan is approved by the Board of Directors of the Company. If any Award expires or lapses or is terminated, surrendered or canceled without having been fully exercised or is forfeited in whole or in part
(including, without limitation, as the result of shares of Common Stock subject to such Award being repurchased by the Company at or below the original issuance price), in any case in a manner that results in any shares of Common Stock covered by
such Award not being issued or being so reacquired by the Company, the unused Common Stock covered by such Award shall again be available for the grant of Awards under the Plan. Further, shares of Common Stock delivered (either by actual delivery or
attestation) to the Company by a Participant to satisfy the applicable exercise or purchase price of an Award and/or to satisfy any applicable tax withholding obligation (including, without limitation, shares retained by the Company from the Award
being exercised or purchased and/or creating the tax obligation) shall be added to the number of shares of Common Stock available for the grant of Awards under the Plan. However, in the case of Incentive Stock Options, the foregoing provisions shall
be subject to any limitations under the Code. Shares of Common Stock issued under the Plan may consist in whole or in part of authorized but unissued shares, shares purchased on the open market or treasury shares. 

 

 (b) Substitute Awards. In connection with a merger or consolidation of an entity with
the Company or the acquisition by the Company of property or stock of an entity, the Administrator may grant Awards in substitution for any options or other stock or stock-based awards granted prior to such merger or consolidation by such entity or
an affiliate thereof. Substitute Awards may be granted on such terms as the Administrator deems appropriate in the circumstances, notwithstanding any limitations on Awards contained in the Plan. Substitute Awards shall not count against the overall
share limit set forth in Section 4(a) hereof, except as may be required by reason of Section 422 of the Code. 
  

	 	5.	 Stock Options. 

(a) General. The Administrator may grant Options to any Service Provider, subject to the limitations on Incentive Stock Options
described below. The Administrator shall determine the number of shares of Common Stock to be covered by each Option, the exercise price of each Option and the conditions and limitations applicable to the exercise of each Option, including, without
limitation, conditions relating to Applicable Laws, as it considers necessary or advisable. 
 (b) Incentive Stock Options. The
Administrator may grant Options intended to qualify as Incentive Stock Options only to employees of the Company, any of the Company’s present or future “parent corporations” or “subsidiary corporations” as defined in
Sections 424(e) or (f) of the Code, respectively, and any other entities the employees of which are eligible to receive Incentive Stock Options under the Code. All Options intended to qualify as Incentive Stock Options shall be subject to and
shall be construed consistently with the requirements of Section 422 of the Code. Neither the Company nor the Administrator shall have any liability to a Participant, or any other party, (i) if an Option (or any part thereof) which is
intended to qualify as an Incentive Stock Option fails to qualify as an Incentive Stock Option or (ii) for any action or omission by the Administrator that causes an Option not to qualify as an Incentive Stock Option, including, without
limitation, the conversion of an Incentive Stock Option to a Non-Qualified Stock Option or the grant of an Option intended as an Incentive Stock Option that fails to satisfy the requirements under the Code
applicable to an Incentive Stock Option. Any Option that is intended to qualify as an Incentive Stock Option, but fails to so qualify for any reason, including, without limitation, the portion of any Option becoming exercisable in excess of the
$100,000 limitation described in Treasury Regulation Section 1.422-4, shall be treated as a Non-Qualified Stock Option for all purposes. 

(c) Exercise Price. The Administrator shall establish the exercise price of each Option and specify the exercise price in the applicable
Award Agreement. The exercise price shall be not less than 100% of the Fair Market Value on the date the Option is granted. In the case of an Incentive Stock Option granted to an employee who, at the time of grant of the Option, owns (or is treated
as owning under Section 424 of the Code) stock representing more than 10% of the voting power of all classes of stock of the Company (or a “parent corporation” or “subsidiary corporation” thereof within the meaning of
Sections 424(e) or 424(f) of the Code, respectively), the per share exercise price shall be no less than 110% of the Fair Market Value on the date the Option is granted. 

(d) Duration of Options. Each Option shall be exercisable at such times and subject to such terms and conditions as the Administrator
may specify in the applicable Award Agreement, provided that the term of any Option shall not exceed ten years. In the case of an Incentive Stock Option granted to an employee who, at the time of grant of the Option, owns (or is treated as owning
under Section 424 of the Code) stock representing more than 10% of the voting power of all classes of stock of the Company (or a “parent corporation” or “subsidiary corporation” thereof within the meaning of Sections 424(e)
or 424(f) of the Code, respectively), the term of the Option shall not exceed five years. 

  
 2 

 (e) Exercise of Option; Notification of Disposition. Options may be exercised by
delivery to the Company of a written notice of exercise, in a form approved by the Administrator (which may be an electronic form), signed by the person authorized to exercise the Option, together with payment in full (i) as specified in
Section 5(f) hereof for the number of shares for which the Option is exercised and (ii) as specified in Section 9(e) hereof for any applicable withholding taxes. Unless otherwise determined by the Administrator, an Option may not be
exercised for a fraction of a share of Common Stock. If an Option is designated as an Incentive Stock Option, the Participant shall give prompt notice to the Company of any disposition or other transfer of any shares of Common Stock acquired from
the Option if such disposition or transfer is made (i) within two years from the grant date with respect to such Option or (ii) within one year after the transfer of such shares to the Participant (other than any such disposition made in
connection with a Change in Control). Such notice shall specify the date of such disposition or other transfer and the amount realized, in cash, other property, assumption of indebtedness or other consideration, by the Participant in such
disposition or other transfer. 
 (f) Payment Upon Exercise. Common Stock purchased upon the exercise of an Option granted under the
Plan shall be paid for in cash, by wire transfer of immediately available funds or by check, payable to the order of the Company, or, subject to Section 10(h), any Company insider trading policy (including, without limitation, any blackout
periods) and Applicable Laws, by: 
 (i) If the Company is a Publicly Listed Company, unless the Administrator otherwise
determines, (A) delivery of an irrevocable and unconditional undertaking by a broker acceptable to the Company to deliver promptly to the Company sufficient funds to pay the exercise price, or (B) delivery by the Participant to the Company
of a copy of irrevocable and unconditional instructions to a broker acceptable to the Company to deliver promptly to the Company cash or a check sufficient to pay the exercise price, provided in either case, that such amount is paid to the Company
at such time as may be required by the Administrator; 
 (ii) delivery (either by actual delivery or attestation) of shares
of Common Stock owned by the Participant valued at their Fair Market Value, provided (A) such method of payment is then permitted under Applicable Laws, (B) such Common Stock, if acquired directly from the Company, was owned by the
Participant for such minimum period of time, if any, as may be established by the Company at any time, and (C) such Common Stock is not subject to any repurchase, forfeiture, unfulfilled vesting or other similar requirements; 

(iii) to the extent permitted by the Administrator, surrendering shares of Common Stock then issuable upon exercise of the
Option valued at their Fair Market Value on the date of exercise; 
 (iv) to the extent permitted by the Administrator,
delivery of a promissory note of the Participant to the Company on terms determined by the Administrator; 
 (v) to the
extent permitted by the Administrator, delivery of property of any other kind which constitutes good and valuable consideration as determined by the Administrator; or 

(vi) any combination of the above permitted forms of payment (including, without limitation, cash or check). 

  
 3 

 (g) Early Exercise of Options. The Administrator may provide in the terms of an Award
Agreement that the Service Provider may exercise an Option in whole or in part prior to the full vesting of the Option in exchange for unvested shares of Restricted Stock with respect to any unvested portion of the Option so exercised. Shares of
Restricted Stock acquired upon the exercise of any unvested portion of an Option shall be subject to such terms and conditions as the Administrator shall determine. 
  

	 	6.	 Restricted Stock; Restricted Stock Units. 

(a) General. The Administrator may grant Restricted Stock, or the right to purchase Restricted Stock, to any Service Provider, subject
to the right of the Company to repurchase all or part of such shares at their issue price or other stated or formula price from the Participant (or to require forfeiture of such shares if issued at no cost) in the event that conditions specified by
the Administrator in the applicable Award Agreement are not satisfied prior to the end of the applicable restriction period or periods established by the Administrator for such Award. In addition, the Administrator may grant to Service Providers
Restricted Stock Units, which may be subject to vesting and forfeiture conditions during applicable restriction period or periods, as set forth in an applicable Award Agreement. 

(b) Terms and Conditions for All Restricted Stock and Restricted Stock Unit Awards. The Administrator shall determine and set forth in
the applicable Award Agreement the terms and conditions applicable to each Restricted Stock and Restricted Stock Unit Award, including, without limitation, the conditions for vesting and repurchase (or forfeiture) and the issue price, in each case,
if any. 
 (c) Additional Provisions Relating to Restricted Stock. 

(i) Dividends. Participants holding shares of Restricted Stock will be entitled to all ordinary cash dividends paid with
respect to such shares to the extent such dividends have a record date that is on or after the date on which the Participant to whom such Restricted Shares are granted becomes the record holder of such Restricted Shares, unless otherwise provided by
the Administrator in the applicable Award Agreement. In addition, unless otherwise provided by the Administrator, if any dividends or distributions are paid in shares, or consist of a dividend or distribution to holders of Common Stock of property
other than an ordinary cash dividend, the shares or other property will be subject to the same restrictions on transferability and forfeitability as the shares of Restricted Stock with respect to which they were paid. Each dividend payment will be
made as provided in the applicable Award Agreement, but in no event later than the end of the calendar year in which the dividends are paid to stockholders of that class of stock or, if later, the 15th day of the third month following the later of
(A) the date the dividends are paid to stockholders of that class of stock, and (B) the date the dividends are no longer subject to forfeiture. 

(ii) Stock Certificates. The Company may require that any stock certificates issued in respect of shares of Restricted
Stock be deposited in escrow by the Participant, together with a stock power endorsed in blank, with the Company (or its designee). 
 (d)
Additional Provisions Relating to Restricted Stock Units. 
 (i) Settlement. Upon the vesting of a Restricted
Stock Unit, the Participant shall be entitled to receive from the Company one share of Common Stock or an amount of cash or other property equal to the Fair Market Value of one share of Common Stock on the settlement date, as the Administrator shall
determine and as provided in the applicable Award Agreement. The Administrator may provide that settlement of Restricted Stock Units shall occur upon or as soon as reasonably practicable after the vesting of the Restricted Stock Units or shall
instead be deferred, on a mandatory basis or at the election of the Participant, in a manner that complies with Section 409A. 

  
 4 

 (ii) Voting Rights. A Participant shall have no voting rights with
respect to any Restricted Stock Units unless and until shares are delivered in settlement thereof. 
 (iii) Dividend
Equivalents. To the extent provided by the Administrator, a grant of Restricted Stock Units may provide a Participant with the right to receive Dividend Equivalents. Dividend Equivalents may be paid currently or credited to an account for the
Participant, may be settled in cash and/or shares of Common Stock and may be subject to the same restrictions on transfer and forfeitability as the Restricted Stock Units with respect to which the Dividend Equivalents are paid, as determined by the
Administrator, subject, in each case, to such terms and conditions as the Administrator shall establish and set forth in the applicable Award Agreement. 
  

	 	7.	 Other Stock-Based Awards. 

Other Stock-Based Awards may be granted hereunder to Participants, including, without limitation, Awards entitling Participants to receive
shares of Common Stock to be delivered in the future. Such Other Stock-Based Awards shall also be available as a form of payment in the settlement of other Awards granted under the Plan, as stand-alone payments and/or as payment in lieu of
compensation to which a Participant is otherwise entitled. Other Stock-Based Awards may be paid in shares of Common Stock, cash or other property, as the Administrator shall determine. Subject to the provisions of the Plan, the Administrator shall
determine the terms and conditions of each Other Stock-Based Award, including, without limitation, any purchase price, transfer restrictions, vesting conditions and other terms and conditions applicable thereto, which shall be set forth in the
applicable Award Agreement. 
  

	 	8.	 Adjustments for Changes in Common Stock and Certain Other Events. 

(a) In the event that the Administrator determines that any dividend or other distribution (whether in the form of cash, Common Stock, other
securities, or other property), reorganization, merger, consolidation, combination, repurchase, recapitalization, liquidation, dissolution, or sale, transfer, exchange or other disposition of assets of the Company, or sale or exchange of Common
Stock or other securities of the Company, issuance of warrants or other rights to purchase Common Stock or other securities of the Company, or other similar corporate transaction or event, as determined by the Administrator, affects the Common Stock
such that an adjustment is determined by the Administrator to be appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended by the Company to be made available under the Plan or with respect to any Award,
then the Administrator may, in such manner as it may deem equitable, adjust any or all of: 
 (i) the number and kind of
shares of Common Stock (or other securities or property) with respect to which Awards may be granted or awarded (including, but not limited to, adjustments of the limitations in Section 4 hereof on the maximum number and kind of shares which
may be issued); 
 (ii) the number and kind of shares of Common Stock (or other securities or property) subject to
outstanding Awards; 
 (iii) the grant or exercise price with respect to any Award; and 

(iv) the terms and conditions of any Awards (including, without limitation, any applicable financial or other performance
“targets” specified in an Award Agreement). 

  
 5 

 (b) In the event of any transaction or event described in Section 8(a) hereof
(including, without limitation any change in control) or any unusual or nonrecurring transaction or event affecting the Company or the financial statements or financial condition of the Company, or any change in any Applicable Laws or accounting
principles, the Administrator, on such terms and conditions as it deems appropriate, either by the terms of the Award or by action taken and either automatically or upon the Participant’s request, is hereby authorized to take any one or more of
the following actions whenever the Administrator determines that such action is appropriate in order to (x) prevent dilution or enlargement of the benefits or potential benefits intended by the Company to be made available under the Plan or
with respect to any Award granted or issued under the Plan, (y) to facilitate such transaction or event or (z) give effect to such changes in Applicable Laws or accounting principles: 

(i) To provide for the cancellation of any such Award in exchange for either an amount of cash or other property with a value
equal to the amount that could have been obtained upon the exercise or settlement of the vested portion of such Award or realization of the Participant’s rights under the vested portion of such Award, as applicable; provided that, if the amount
that could have been obtained upon the exercise or settlement of the vested portion of such Award or realization of the Participant’s rights, in any case, is equal to or less than zero, then the vested portion of such Award may be terminated
without payment; 
 (ii) To provide that such Award shall vest and, to the extent applicable, be exercisable as to all shares
covered thereby, notwithstanding anything to the contrary in the Plan or the provisions of such Award; 
 (iii) To provide
that such Award be assumed by the successor or survivor corporation, or a parent or subsidiary thereof, or shall be substituted for by awards covering the stock of the successor or survivor corporation, or a parent or subsidiary thereof, with
appropriate adjustments as to the number and kind of shares and applicable exercise or purchase price, in all cases, as determined by the Administrator; 

(iv) To make adjustments in the number and type of shares of Common Stock (or other securities or property) subject to
outstanding Awards, and/or in the terms and conditions of (including, without limitation, the grant or exercise price), and the criteria included in, outstanding Awards; 

(v) To replace such Award with other rights or property selected by the Administrator; and/or 

(vi) To provide that the Award will terminate and cannot vest, be exercised or become payable after the applicable event. 

(c) In connection with the occurrence of any Equity Restructuring, and notwithstanding anything to the contrary in this Section 8, the
Administrator will equitably adjust each outstanding Award, which adjustments may include adjustments to the number and type of securities subject to each outstanding Award and/or the exercise price or grant price thereof, if applicable, the grant
of new Awards to Participants, and/or the making of a cash payment to Participants, as the Administrator deems appropriate to reflect such Equity Restructuring. The adjustments provided under this Section 8(c) shall be nondiscretionary and
shall be final and binding on the affected Participant and the Company; provided that whether an adjustment is equitable shall be determined by the Administrator. 

(d) In the event of any pending stock dividend, stock split, combination or exchange of shares, merger, consolidation or other distribution
(other than normal cash dividends) of Company assets to stockholders, or any other change affecting the shares of Common Stock or the share price of the Common Stock, including, without limitation, any Equity Restructuring, for reasons of
administrative convenience the Administrator may refuse to permit the exercise of any Award during a period of up to thirty days prior to the consummation of any such transaction. 

  
 6 

 (e) Except as expressly provided in the Plan or pursuant to action of the Administrator
under the Plan, no Participant shall have any rights by reason of any subdivision or consolidation of shares of stock of any class, the payment of any dividend, any increase or decrease in the number of shares of stock of any class or any
dissolution, liquidation, merger, or consolidation of the Company or any other corporation. Except as expressly provided in the Plan or pursuant to action of the Administrator under the Plan, no issuance by the Company of shares of stock of any
class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number of shares of Common Stock subject to an Award or the grant or exercise price of any
Award. The existence of the Plan, any Award Agreements and the Awards granted hereunder shall not affect or restrict in any way the right or power of the Company to make or authorize (i) any adjustment, recapitalization, reorganization or other
change in the Company’s capital structure or its business, (ii) any merger, consolidation dissolution or liquidation of the Company or sale of Company assets or (iii) any sale or issuance of securities, including, without limitation,
securities with rights superior to those of the Common Stock or which are convertible into or exchangeable for Common Stock. The Administrator may treat Participants and Awards (or portions thereof) differently under this Section 8. 

 

	 	9.	 General Provisions Applicable to Awards. 

(a) Transferability. Except as the Administrator may otherwise determine or provide in an Award Agreement or otherwise, in any case in
accordance with Applicable Laws, neither Awards nor any interest therein shall not be sold, assigned, transferred, pledged or otherwise encumbered by the person to whom they are granted, either voluntarily or by operation of law, except by will or
the laws of descent and distribution, and, during the life of the Participant, shall be exercisable only by the Participant. References to a Participant, to the extent relevant in the context, shall include references to authorized transferees. 

(b) Documentation. Each Award shall be evidenced in an Award Agreement, which may be in such form (written, electronic or otherwise) as
the Administrator shall determine. Each Award may contain terms and conditions in addition to those set forth in the Plan. 
 (c)
Discretion. Except as otherwise provided by the Plan, each Award may be made alone or in addition or in relation to any other Award. The terms of each Award to a Participant need not be identical, and the Administrator need not treat
Participants or Awards (or portions thereof) uniformly. 
 (d) Termination of Status. The Administrator shall determine the effect on
an Award of the disability, death, retirement, authorized leave of absence or any other change or purported change in a Participant’s Service Provider status and the extent to which, and the period during which, the Participant, the
Participant’s legal representative, conservator, guardian or Designated Beneficiary may exercise rights under the Award, if applicable. 

(e) Withholding. Each Participant shall pay to the Company, or make provision satisfactory to the Administrator for payment of, any
taxes required by law to be withheld in connection with Awards to such Participant no later than the date of the event creating the tax liability. Except as the Administrator may otherwise determine, all such payments shall be made in cash, by wire
transfer of immediately available funds or by certified check. Notwithstanding the foregoing, Participants may satisfy such tax obligations, subject to Section 10(h), any Company insider trading policy (including

  
 7 

 
blackout periods) and Applicable Laws, (i) to the extent permitted by the Administrator, in whole or in part by delivery of Shares, including Shares retained from the Award creating the tax
obligation, valued at their Fair Market Value, and (ii) if there is a public market for Shares at the time the tax obligations are satisfied, unless the Administrator otherwise determines, (A) delivery (including, without limitation,
telephonically to the extent permitted by the Company) of an irrevocable and unconditional undertaking by a broker acceptable to the Company to deliver promptly to the Company sufficient funds to satisfy the tax obligations, or (B) delivery by
the Participant to the Company of a copy of irrevocable and unconditional instructions to a broker acceptable to the Company to deliver promptly to the Company cash or a check sufficient to satisfy the tax withholding; provided that such amount is
paid to the Company at such time as may be required by the Administrator. The Company may, to the extent permitted by Applicable Laws, deduct any such tax obligations based on minimum statutory withholding rates from any payment of any kind
otherwise due to a Participant. 
 (f) Amendment of Award. The Administrator may amend, modify or terminate any outstanding Award,
including but not limited to, substituting therefor another Award of the same or a different type, changing the date of exercise or settlement, and converting an Incentive Stock Option to a Non-Qualified Stock
Option. The Participant’s consent to such action shall be required unless (i) the Administrator determines that the action, taking into account any related action, would not materially and adversely affect the Participant, or (ii) the
change is permitted under Section 8 and 10(f) hereof. 
 (g) Conditions on Delivery of Stock. The Company will not be obligated
to deliver any shares of Common Stock pursuant to the Plan or to remove restrictions from shares previously delivered under the Plan until (i) all conditions of the Award have been met or removed to the satisfaction of the Company, (ii) in
the opinion of the Company’s counsel, all other legal matters in connection with the issuance and delivery of such shares have been satisfied, including, without limitation, any applicable securities laws and any applicable stock exchange or
stock market rules and regulations, and (iii) the Participant has executed and delivered to the Company such representations or agreements as the Administrator deems necessary or appropriate to satisfy the requirements of any Applicable Laws.
The inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is determined by the Administrator to be necessary to the lawful issuance and sale of any securities hereunder, shall relieve the Company
of any liability in respect of the failure to issue or sell such shares as to which such requisite authority shall not have been obtained. 

(h) Acceleration. The Administrator may at any time provide that any Award shall become vested and/or exercisable in full or in part,
free of some or all restrictions or conditions, or otherwise realizable in full or in part, as the case may be. 
  

	 	10.	 Miscellaneous. 

(a) No Right To Employment or Other Status. No person shall have any claim or right to be granted an Award, and the grant of an Award
shall not be construed as giving a Participant the right to continued employment or any other relationship with the Company. The Company expressly reserves the right at any time to dismiss or otherwise terminate its relationship with a Participant
free from any liability or claim under the Plan or any Award, except as expressly provided in an applicable Award Agreement. 
 (b) No
Rights As Stockholder; Certificates. Subject to the provisions of the applicable Award Agreement, no Participant or Designated Beneficiary shall have any rights as a stockholder with respect to any shares of Common Stock to be distributed with
respect to an Award until becoming the record holder of such shares. Notwithstanding any other provision of the Plan, unless otherwise determined by the Administrator or required by any Applicable Laws, the Company shall not be required to deliver
to any Participant certificates evidencing shares of Common Stock issued in connection with any Award and instead such shares of Common Stock may be recorded in the books of the Company (or, as applicable, its transfer agent or stock plan
administrator). The Company may place legends on stock certificates issued under the Plan deemed necessary or appropriate by the Administrator in order to comply with Applicable Laws. 

  
 8 

 (c) Effective Date and Term of Plan. The Plan shall become effective on the date on
which it is adopted by the Board. No Awards shall be granted under the Plan after the completion of ten years from the earlier of (i) the date on which the Plan was adopted by the Board or (ii) the date the Plan was approved by the
Company’s stockholders, but Awards previously granted may extend beyond that date in accordance with the terms of the Plan. 
 (d)
Amendment of Plan. The Administrator may amend, suspend or terminate the Plan or any portion thereof at any time; provided that no amendment of the Plan shall materially and adversely affect (as determined by the Administrator) any Award
outstanding at the time of such amendment without the consent of the affected Participant. Awards outstanding under the Plan at the time of any suspension or termination of the Plan shall continue to be governed in accordance with the terms of the
Plan and the applicable Award Agreement, as in effect prior to such suspension or termination. The Board shall obtain stockholder approval of any Plan amendment to the extent necessary to comply with Applicable Laws. 

(e) Provisions for Foreign Participants. The Administrator may modify Awards granted to Participants who are foreign nationals or
employed outside the United States or establish subplans or procedures under the Plan to address differences in laws, rules, regulations or customs of such foreign jurisdictions with respect to tax, securities, currency, employee benefit or other
matters. 
 (f) Section 409A. 

(i) General. The Company intends that all Awards be structured in compliance with, or to satisfy an exemption from,
Section 409A, such that no adverse tax consequences, interest, or penalties under Section 409A apply in connection with any Awards. Notwithstanding anything herein or in any Award Agreement to the contrary, the Administrator may, without a
Participant’s prior consent, amend this Plan and/or Awards, adopt policies and procedures, or take any other actions (including, without limitation, amendments, policies, procedures and actions with retroactive effect) as are necessary or
appropriate to preserve the intended tax treatment of Awards under the Plan, including, without limitation, any such actions intended to (A) exempt this Plan and/or any Award from the application of Section 409A, and/or (B) comply
with the requirements of Section 409A, including, without limitation any such regulations, guidance, compliance programs and other interpretative authority that may be issued after the date of grant of any Award. The Company makes no
representations or warranties as to the tax treatment of any Award under Section 409A or otherwise. The Company shall have no obligation under this Section 10(f) or otherwise to take any action (whether or not described herein) to avoid
the imposition of taxes, penalties or interest under Section 409A with respect to any Award and shall have no liability to any Participant or any other person if any Award, compensation or other benefits under the Plan are determined to
constitute non-compliant, “nonqualified deferred compensation” subject to the imposition of taxes, penalties and/or interest under Section 409A. 

(ii) Separation from Service. With respect to any Award that constitutes “nonqualified deferred compensation”
under Section 409A, any payment or settlement of such Award that is to be made upon a termination of a Participant’s Service Provider relationship shall, to the extent necessary to avoid the imposition of taxes under Section 409A, be
made only upon the Participant’s “separation from service” (within the meaning of Section 409A), whether such “separation from service” occurs upon or subsequent to the termination of the Participant’s Service
Provider relationship. For purposes of any such provision of this Plan or any Award Agreement relating to any such payments or benefits, references to a “termination,” “termination of employment” or like terms shall mean
“separation from service.” 

  
 9 

 (iii) Payments to Specified Employees. Notwithstanding any contrary
provision in the Plan or any Award Agreement, any payment(s) of “nonqualified deferred compensation” that are otherwise required to be made under an Award to a “specified employee” (as defined under Section 409A and
determined by the Administrator) as a result of his or her “separation from service” shall, to the extent necessary to avoid the imposition of taxes under Code Section 409A(a)(2)(B)(i), be delayed until the expiration of the six-month period immediately following such “separation from service” (or, if earlier, until the date of death of the specified employee) and shall instead be paid (in a manner set forth in the Award
agreement) on the day that immediately follows the end of such six-month period or as soon as administratively practicable thereafter (without interest). Any payments of “nonqualified deferred
compensation” under such Award that are, by their terms, payable more than six months following the Participant’s “separation from service” shall be paid at the time or times such payments are otherwise scheduled to be made. 

(g) Limitations on Liability. Notwithstanding any other provisions of the Plan, no individual acting as a director, officer, other
employee or agent of the Company will be liable to any Participant, former Participant, spouse, beneficiary, or any other person for any claim, loss, liability, or expense incurred in connection with the Plan or any Award, nor will such individual
be personally liable with respect to the Plan because of any contract or other instrument he or she executes in his or her capacity as an Administrator, director, officer, other employee or agent of the Company. The Company will indemnify and hold
harmless each director, officer, other employee and agent of the Company to whom any duty or power relating to the administration or interpretation of the Plan has been or will be granted or delegated, against any cost or expense (including, without
limitation, attorneys’ fees) or liability (including, without limitation, any sum paid in settlement of a claim with the Administrator’s approval) arising out of any act or omission to act concerning this Plan unless arising out of such
person’s own fraud or bad faith. 
 (h) Lock-Up Period. The Company may, at the request
of any representative of the underwriters or otherwise, in connection with any registration of the offering of any securities of the Company under the Securities Act, prohibit Participants from, directly or indirectly, selling or otherwise
transferring any shares of Common Stock or other securities of the Company during a period of up to one hundred eighty days following the effective date of a registration statement of the Company filed under the Securities Act. 

(i) Right of First Refusal. 

(i) Before any shares of Common Stock held by a Participant or any permitted transferee (each, a
“Holder”) may be sold, pledged, assigned, hypothecated, transferred, or otherwise disposed of (each, a “Transfer”), the Company or its assignee(s) shall have a right of first refusal to
purchase the shares of Common Stock proposed to be Transferred on the terms and conditions set forth in this Section 10(i) (the “Right of First Refusal”). In the event that the Company’s charter, bylaws and/or a
stockholders’ agreement applicable to the shares of Common Stock contain a right of first refusal with respect to the shares of Common Stock, such right of first refusal shall apply to the shares of Common Stock to the extent such provisions
are more restrictive than the Right of First Refusal set forth in this Section 10(i) and the Right of First Refusal set forth in this Section 10(i) shall not in any way restrict the operation of the Company’s charter, bylaws or the
operation of any applicable stockholders’ agreement. 

  
 10 

 (ii) In the event any Holder desires to Transfer any shares of Common Stock,
the Holder shall deliver to the Company a written notice (the “Notice”) stating: (A) the Holder’s bona fide intention to sell or otherwise Transfer such shares of Common Stock; (B) the name of each proposed
purchaser or other transferee (“Proposed Transferee”); (C) the number of shares of Common Stock to be Transferred to each Proposed Transferee; and (D) the price for which the Holder proposes to Transfer the shares of
Common Stock (the “Offered Price”), and the Holder shall offer such shares of Common Stock at the Offered Price to the Company or its assignee(s). 

(iii) Within twenty-five days after receipt of the Notice, the Company and/or its assignee(s) may elect in writing to purchase
all, but not less than all, of the shares of Common Stock proposed to be Transferred to any one or more of the Proposed Transferees by delivery of a written exercise notice to the Holder (a “Company Notice”). The purchase
price (“Purchase Price”) for the shares of Common Stock repurchased under this Section 10(i) shall be the Offered Price. 

(iv) Payment of the Purchase Price shall be made, at the option of the Company or its assignee(s), in cash (by check or wire
transfer), by cancellation of all or a portion of any outstanding indebtedness of the Holder to the Company (or, in the case of repurchase by an assignee, to the assignee), or by any combination thereof, within five days after delivery of the
Company Notice or in the manner and at the times mutually agreed to by the Company and the Holder. Should the Offered Price specified in the Notice be payable in property other than cash, the Company or its assignee shall have the right to pay the
purchase price in the form of cash equal in amount to the value of such property, as determined by the Administrator. 
 (v)
If all or a portion of the shares of Common Stock proposed in the Notice to be Transferred are not purchased by the Company and/or its assignee(s) as provided in this Section 10(i), then the Holder may sell or otherwise Transfer such shares of
Common Stock to that Proposed Transferee at the Offered Price or at a higher price; provided that such sale or other Transfer is consummated within sixty days after the date of the Notice; and provided, further, that any such sale or other Transfer
is effected in accordance with any Applicable Laws and the Proposed Transferee agrees in writing that the provisions of this Plan and the applicable Award Agreement and any other applicable agreements governing the shares of Common Stock to be
Transferred shall continue to apply to the shares of Common Stock in the hands of such Proposed Transferee. If the shares of Common Stock described in the Notice are not Transferred to the Proposed Transferee within such sixty-day period, a new Notice shall be given to the Company, and the Company and/or its assignees shall again be offered the Right of First Refusal, as provided herein, before any shares of Common Stock held by the
Holder may be sold or otherwise Transferred. 
 (vi) Anything to the contrary contained in this Section 10(i)
notwithstanding and to the extent permitted by the Administrator, the Transfer of any or all of the shares of Common Stock during a Participant’s lifetime or upon a Participant’s death by will or intestacy to the Participant’s
Immediate Family or a trust for the benefit of the Participant’s Immediate Family shall be exempt from the Right of First Refusal. As used herein, “Immediate Family” shall mean spouse, lineal descendant or antecedent,
father, mother, brother or sister or stepchild (whether or not adopted). In such case, the transferee or other recipient shall receive and hold the shares of Common Stock so Transferred subject to the provisions of this Plan (including, without
limitation, the Right of First Refusal), the applicable Award Agreement and any other applicable agreements governing the shares of Common Stock to be Transferred, and there shall be no further Transfer of such shares of Common Stock except in
accordance with the terms of this Section 10(i) (or otherwise as expressly provided under the Plan). 

  
 11 

 (vii) The Right of First Refusal shall terminate as to all shares of Common
Stock if the Company becomes a Publicly Listed Company upon such occurrence. 
 (j) Data Privacy. As a condition of receipt of any
Award, each Participant explicitly and unambiguously consents to the collection, use and transfer, in electronic or other form, of personal data as described in this paragraph by and among, as applicable, the Company and its subsidiaries and
affiliates for the exclusive purpose of implementing, administering and managing the Participant’s participation in the Plan. The Company and its subsidiaries and affiliates may hold certain personal information about a Participant, including
but not limited to, the Participant’s name, home address and telephone number, date of birth, social security or insurance number or other identification number, salary, nationality, job title(s), any shares of stock held in the Company or any
of its subsidiaries and affiliates, details of all Awards, in each case, for the purpose of implementing, managing and administering the Plan and Awards (the “Data”). The Company and its subsidiaries and affiliates may
transfer the Data amongst themselves as necessary for the purpose of implementation, administration and management of a Participant’s participation in the Plan, and the Company and its subsidiaries and affiliates may each further transfer the
Data to any third parties assisting the Company in the implementation, administration and management of the Plan. These recipients may be located in the Participant’s country, or elsewhere, and the Participant’s country may have different
data privacy laws and protections than the recipients’ country. Through acceptance of an Award, each Participant authorizes such recipients to receive, possess, use, retain and transfer the Data, in electronic or other form, for the purposes of
implementing, administering and managing the Participant’s participation in the Plan, including, without limitation, any requisite transfer of such Data as may be required to a broker or other third party with whom the Company or the
Participant may elect to deposit any shares of Common Stock. The Data related to a Participant will be held only as long as is necessary to implement, administer, and manage the Participant’s participation in the Plan. A Participant may, at any
time, view the Data held by the Company with respect to such Participant, request additional information about the storage and processing of the Data with respect to such Participant, recommend any necessary corrections to the Data with respect to
the Participant or refuse or withdraw the consents herein in writing, in any case without cost, by contacting his or her local human resources representative. The Company may cancel Participant’s ability to participate in the Plan and, in the
Administrator’s discretion, the Participant may forfeit any outstanding Awards if the Participant refuses or withdraws his or her consents as described herein. For more information on the consequences of refusal to consent or withdrawal of
consent, Participants may contact their local human resources representative. 
 (k) Severability. In the event any portion of the
Plan or any action taken pursuant thereto shall be held illegal or invalid for any reason, the illegality or invalidity shall not affect the remaining parts of the Plan, and the Plan shall be construed and enforced as if the illegal or invalid
provisions had not been included, and the illegal or invalid action shall be null and void. 
 (l) Governing Documents. In the event
of any contradiction between the Plan and any Award Agreement or any other written agreement between a Participant and the Company or any Subsidiary of the Company that has been approved by the Administrator, the terms of the Plan shall govern,
unless it is expressly specified in such Award Agreement or other written document that a specific provision of the Plan shall not apply. 

  
 12 

 (m) Submission to Jurisdiction; Waiver of Jury Trial. By accepting an Award, each
Participant irrevocably and unconditionally consents to submit to the exclusive jurisdiction of the courts of the State of Delaware and of the United States of America, in each case located in the State of Delaware, for any action arising out of or
relating to the Plan (and agrees not to commence any litigation relating thereto except in such courts), and further agrees that service of any process, summons, notice or document by U.S. registered mail to the address contained in the records of
the Company shall be effective service of process for any litigation brought against it in any such court. By accepting an Award, each Participant irrevocably and unconditionally waives any objection to the laying of venue of any litigation arising
out of Plan or Award hereunder in the courts of the State of Delaware or the United States of America, in each case located in the State of Delaware, and further irrevocably and unconditionally waives and agrees not to plead or claim in any such
court that any such litigation brought in any such court has been brought in an inconvenient forum. By accepting an Award, each Participant irrevocably and unconditionally waives, to the fullest extent permitted by applicable law, any and all rights
to trial by jury in connection with any litigation arising out of or relating to the Plan or any Award hereunder. 
 (n) Governing
Law. The provisions of the Plan and all Awards made hereunder shall be governed by and interpreted in accordance with the laws of the State of Delaware, disregarding choice-of-law principles of the law of
any state that would require the application of the laws of a jurisdiction other than such state. 
 (o) Restrictions on Shares; Claw-back
Provisions. Shares of Common Stock acquired in respect of Awards shall be subject to such terms and conditions as the Administrator shall determine, including, without limitation, restrictions on the transferability of shares of Common Stock,
the right of the Company to repurchase shares of Common Stock, the right of the Company to require that shares of Common Stock be transferred in the event of certain transactions, tag-along rights, bring-along
rights, redemption and co-sale rights and voting requirements. Such terms and conditions may be additional to those contained in the Plan and may, as determined by the Administrator, be contained in the
applicable Award Agreement or in an exercise notice, stockholders’ agreement or in such other agreement as the Administrator shall determine, in each case in a form determined by the Administrator. The issuance of such shares of Common Stock
shall be conditioned on the Participant’s consent to such terms and conditions and the Participant’s entering into such agreement or agreements. All Awards (including, without limitation, any proceeds, gains or other economic benefit
actually or constructively received by Participant upon any receipt or exercise of any Award or upon the receipt or resale of any shares of Common Stock underlying the Award) shall be subject to the provisions of any claw-back policy implemented by
the Company, including, without limitation, any claw-back policy adopted to comply with the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act and any rules or regulations promulgated thereunder, to the extent set forth in
such claw-back policy and/or in the applicable Award Agreement. 
 (p) Titles and Headings. The titles and headings of the Sections in
the Plan are for convenience of reference only and, in the event of any conflict, the text of the Plan, rather than such titles or headings, shall control. 

(q) Conformity to Securities Laws. Participant acknowledges that the Plan is intended to conform to the extent necessary with all
provisions of the Securities Act and the Exchange Act and any and all regulations and rules promulgated by the Securities and Exchange Commission thereunder, and state securities laws and regulations. Notwithstanding anything herein to the contrary,
the Plan and all Awards granted hereunder shall be administered only in such a manner as to conform to such laws, rules and regulations. To the extent permitted by Applicable Laws, the Plan and all Award Agreements shall be deemed amended to the
extent necessary to conform to such laws, rules and regulations. 

  
 13 

 11. Definitions. As used in the Plan, the following words and phrases shall
have the following meanings: 
 (a) “Administrator” means the Board or a Committee to the extent that
the Board’s powers or authority under the Plan have been delegated to such Committee. 
 (b) “Applicable
Laws” means the requirements relating to the administration of equity incentive plans under U.S. federal and state securities, tax and other applicable laws, rules and regulations, the applicable rules of any stock exchange or
quotation system on which the Common Stock is listed or quoted and the applicable laws and rules of any foreign country or other jurisdiction where Awards are granted or issued under the Plan. 

(c) “Award” means, individually or collectively, a grant under the Plan of Options, Restricted Stock,
Restricted Stock Units or Other Stock-Based Awards. 
 (d) “Award Agreement” means a written agreement
evidencing an Award, which agreements may be in electronic medium and shall contain such terms and conditions with respect to an Award as the Administrator shall determine, consistent with and subject to the terms and conditions of the Plan. 

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

(f) “Change in Control” means (i) a merger or consolidation of the Company with or into any other
corporation or other entity or person, (ii) a sale, lease, exchange or other transfer in one transaction or a series of related transactions of all or substantially all of the Company’s assets, or (iii) any other transaction,
including, without limitation, the sale by the Company of new shares of its capital stock or a transfer of existing shares of capital stock of the Company, the result of which is that a third party that is not an affiliate of the Company or its
stockholders (or a group of third parties not affiliated with the Company or its stockholders) immediately prior to such transaction acquires or holds capital stock of the Company representing a majority of the Company’s outstanding voting
power immediately following such transaction; provided that the following events shall not constitute a “Change in Control”: (A) a transaction (other than a sale of all or substantially all of the Company’s assets) in which the
holders of the voting securities of the Company immediately prior to the merger or consolidation hold, directly or indirectly, a majority of the voting securities in the successor corporation or its parent immediately after the merger or
consolidation; (B) a sale, lease, exchange or other transaction in one transaction or a series of related transactions of all or substantially all of the Company’s assets to an affiliate of the Company; (C) an initial public offering
of any of the Company’s securities or any other transaction or series of related transactions principally for bona fide equity financing purposes; (D) a reincorporation of the Company solely to change its jurisdiction; or (E) a
transaction undertaken for the primary purpose of creating a holding company that will be owned in substantially the same proportion by the persons who held the Company’s securities immediately before such transaction. Notwithstanding the
foregoing, if a Change in Control would give rise to a payment or settlement event with respect to any Award that constitutes “nonqualified deferred compensation,” the transaction or event constituting the Change in Control must also
constitute a “change in control event” (as defined in Treasury Regulation Section 1.409A-3(i)(5)) in order to give rise to the payment or settlement event for such Award, to the extent required
by Section 409A. 
 (g) “Code” means the Internal Revenue Code of 1986, as amended, and the
regulations issued thereunder. 

  
 14 

 (h) “Committee” means one or more committees or
subcommittees of the Board or the Company, which may be comprised of one or more directors and/or executive officers of the Company, in either case, to the extent permitted in accordance with Applicable Laws. 

(i) “Common Stock” means the common stock of the Company. 

(j) “Company” means 480 Biomedical, Inc., a Delaware corporation, or any successor thereto. Except where
the context otherwise requires, the term “Company” includes any of the Company’s present or future parent or subsidiary corporations as defined in Sections 424(e) or (f) of the Code and any other business venture (including,
without limitation, joint venture or limited liability company) in which the Company has a significant interest, as determined by the Administrator. 

(k) “Consultant” means any person, including, without limitation, any advisor, engaged by the Company or
a parent or subsidiary of the Company to render services to such entity if: (i) the consultant or adviser renders bona fide services to the Company; (ii) the services rendered by the consultant or advisor are not in connection with
the offer or sale of securities in a capital-raising transaction and do not directly or indirectly promote or maintain a market for the Company’s securities; and (iii) the consultant or advisor is a natural person, or such other advisor or
consultant as is approved by the Administrator. 
 (l) “Designated Beneficiary” means the beneficiary
or beneficiaries designated, in a manner determined by the Administrator, by a Participant to receive amounts due or exercise rights of the Participant in the event of the Participant’s death or incapacity In the absence of an effective
designation by a Participant, “Designated Beneficiary” shall mean the Participant’s estate. 
 (m)
“Director” means a member of the Board. 
 (n) “Disability” means
a permanent and total disability within the meaning of Section 22(e)(3) of the Code, as it may be amended from time to time. 
 (o)
“Dividend Equivalents” means a right granted to a Participant pursuant to Section 6(d)(3) hereof to receive the equivalent value (in cash or shares of Common Stock) of dividends paid on shares of Common
Stock. 
 (p) “Employee” means any person, including, without limitation, officers and Directors,
employed by the Company (within the meaning of Section 3401(c) of the Code) or any parent or subsidiary of the Company. 
 (q)
“Equity Restructuring” means, as determined by the Administrator, a non-reciprocal transaction between the Company and its stockholders, such as a stock dividend, stock split,
spin-off or recapitalization through a large, nonrecurring cash dividend, that affects the shares of Common Stock (or other securities of the Company) or the share price of Common Stock (or other securities of
the Company) and causes a change in the per share value of the Common Stock underlying outstanding Awards. 
 (r) “Exchange
Act” means the Securities Exchange Act of 1934, as amended. 
 (s) “Fair Market
Value” means, as of any date, the value of Stock determined as follows: (i) if the Common Stock is listed on any established stock exchange, its Fair Market Value shall be the closing sales price for such Common Stock as
quoted on such exchange for such date, or if no sale occurred on such date, the first market trading day immediately prior to such date during which a sale occurred, as reported in The Wall Street Journal or such other source as the
Administrator deems reliable; 

  
 15 

 
(ii) if the Common Stock is not traded on a stock exchange but is quoted on a national market or other quotation system, the last sales price on such date, or if no sales occurred on such date,
then on the date immediately prior to such date on which sales prices are reported, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; or (iii) in the absence of an established market for the
Common Stock, the Fair Market Value thereof shall be determined by the Administrator in its sole discretion. 
 (t)
“Incentive Stock Option” means an “incentive stock option” as defined in Section 422 of the Code. 

(u) “Non-Qualified Stock Option” means an Option that is not
intended to be or otherwise does not qualify as an Incentive Stock Option. 
 (v) “Option” means an
option to purchase Common Stock. 
 (w) “Other Stock-Based Awards” means other Awards of shares of
Common Stock, and other Awards that are valued in whole or in part by reference to, or are otherwise based on, shares of Common Stock or other property. 

(x) “Participant” means a Service Provider who has been granted an Award under the Plan. 

(y) “Plan” means this 2016 Equity Incentive Plan. 

(z) “Publicly Listed Company” means that the Company or its successor (i) is required to file
periodic reports pursuant to Section 12 of the Exchange Act and (ii) the Common Stock is listed on one or more National Securities Exchanges (within the meaning of the Exchange Act) or is quoted on NASDAQ or a successor interdealer
quotation system. 
 (aa) “Restricted Stock” means Common Stock awarded to a Participant pursuant to
Section 6 hereof that is subject to certain vesting conditions and other restrictions. 
 (bb) “Restricted Stock
Unit” means an unfunded, unsecured right to receive, on the applicable settlement date, one share of Common Stock or an amount in cash or other consideration determined by the Administrator equal to the value thereof as of such
payment date, which right may be subject to certain vesting conditions and other restrictions. 
 (cc)
“Section 409A” means Section 409A of the Code and all regulations, guidance, compliance programs and other interpretative authority thereunder. 

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

(ee) “Service Provider” means an Employee, Consultant or Director. 

(ff) “Termination of Service” means the date the Participant ceases to be a Service Provider. 

* * * * * 

  
 16 

 480 BIOMEDICAL, INC. 

2016 EQUITY INCENTIVE PLAN 

STOCK OPTION AGREEMENT 

GRANT NOTICE 
 480
Biomedical, Inc. (the “Company”), pursuant to its 2016 Equity Incentive Plan, as amended from time to time (the “Plan”), has granted to the participant set forth below
(“Participant”), an Option to purchase the number of shares of the Company’s Common Stock (referred to herein as “Shares”) set forth below. The Option is subject to all of the terms and conditions
as set forth herein and in the Stock Option Agreement attached hereto as Exhibit A (the “Stock Option Agreement”) and the Plan, each of which is incorporated herein by reference. Unless otherwise defined herein, the
terms defined in the Plan shall have the same defined meanings in this Stock Option Grant Notice and the Stock Option Agreement. 
  

			
	Participant:	  	                                      
                                  
		
	Grant Date:	  	                                      
                                  
		
	Vesting Commencement Date:	  	                                      
                                  
		
	Exercise Price per Share:	  	$                                      
                                  
		
	Total Exercise Price:	  	$                                      
                                  
		
	Total Number of Shares Subject to Option:	  	 

                          
                                         
     

		
	Expiration Date:	  	                                      
                                  

 Type of Option:  ☐    Incentive Stock
Option        ☐    Non-Qualified Stock Option 

Vesting Schedule: 
 By his or her
signature and the Company’s signature below, Participant agrees to be bound by the terms and conditions of the Plan, the Stock Option Agreement and this Grant Notice. Participant has reviewed the Stock Option Agreement, the Plan and this Grant
Notice in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Grant Notice and fully understands all provisions of this Grant Notice, the Stock Option Agreement and the Plan. Participant hereby agrees to
accept as binding, conclusive and final all decisions or interpretations of the Administrator of the Plan upon any questions arising under the Plan or the Option. 
  

									
	480 BIOMEDICAL, INC.:	  		 	PARTICIPANT:
				
	By:	 	
                 
	  	    	 	  

	Name:	 	  
	  		 	Name:	  	              

	Title:	 	  
	  		 		  	

 EXHIBIT A 

STOCK OPTION AGREEMENT 

480 Biomedical, Inc. (the “Company”) has granted to Participant an Option under the Company’s 2016 Equity
Incentive Plan, as amended from time to time (the “Plan”), to purchase the number of Shares indicated in the Stock Option Grant Notice (“Grant Notice”) to which this Stock Option Agreement (this
“Agreement”) is attached. 
 ARTICLE I 

GENERAL 
 1.1 Defined
Terms. Capitalized terms not specifically defined herein shall have the meanings specified in the Plan and the Grant Notice. 
 1.2
Incorporation of Terms of Plan. The Option is subject to the terms and conditions of the Plan which are incorporated herein by reference. In the event of a conflict between the terms of the Agreement and the Plan, the terms of the Plan shall
control. 
 1.3 Grant of Option. In consideration of Participant’s past and/or continued employment with or service to the
Company or a parent or subsidiary and for other good and valuable consideration, effective as of the grant date set forth in the Grant Notice (the “Grant Date”), the Company irrevocably grants to Participant an Option to
purchase any part or all of an aggregate of the number of Shares set forth in the Grant Notice, upon the terms and conditions set forth in the Plan and this Agreement. Unless designated as a Non-Qualified
Stock Option in the Grant Notice, the Option shall be an Incentive Stock Option to the maximum extent permitted by law. 
 ARTICLE II

 PERIOD OF EXERCISABILITY 

2.1 Vesting; Commencement of Exercisability. 

(a) Subject to Sections 2.1(b) and 2.3, the Option shall become vested and exercisable in such amounts and at such times as are set forth in
the vesting schedule in the Grant Notice (the “Vesting Schedule”), except that any Share as to which the Option would be fractionally vested will be accumulated and will vest and become exercisable only when a whole Share has
accumulated. 
 (b) Unless otherwise determined by the Administrator, any portion of the Option that has not become vested and exercisable on
or prior to the date of the Participant’s Termination of Service shall be forfeited on the date of the Participant’s Termination of Service and shall not thereafter become vested or exercisable. 

2.2 Duration of Exercisability. The installments provided for in the Vesting Schedule are cumulative. Each such installment which
becomes vested and exercisable pursuant to the Vesting Schedule shall remain vested and exercisable until it becomes unexercisable under Section 2.3 or pursuant to the terms of the Plan. Once the Option becomes unexercisable, it shall be
forfeited immediately. 

  
 A-1 

 2.3 Expiration of Option. The Option may not be exercised to any extent by anyone
after the first to occur of the following events: 
 (a) The Expiration Date set forth in the Grant Notice; 

(b) The expiration of three months following the date of Participant’s Termination of Service, unless such Termination of Service occurs
by reason of Participant’s death, Disability or Cause; 
 (c) The expiration of one year following the date of Participant’s
Termination of Service by reason of Participant’s death or Disability; or 
 (d) The date of Participant’s Termination of Service
for Cause. 
 Participant acknowledges that an Incentive Stock Option exercised more than three months after Participant’s termination
of status as an Employee, other than by reason of death or Disability, will be taxed as a Non-Qualified Stock Option. 

“Cause,” means “Cause” (or any term of similar effect) as defined in the Participant’s employment
agreement with the Company if such an agreement exists and contains a definition of Cause (or term of similar effect), or, if no such agreement exists or such agreement does not contain a definition of Cause (or term of similar effect), then Cause
shall include, but not be limited to: (i) the Participant’s unauthorized use or disclosure of confidential information or trade secrets of the Company or any material breach of a written agreement between the Participant and the Company,
including without limitation a material breach of any employment, confidentiality, non-compete, non-solicit or similar agreement; (ii) the Participant’s
commission of, indictment for or the entry of a plea of guilty or nolo contendere by the Participant to, a felony under the laws of the United States or any state thereof or any crime involving dishonesty or moral turpitude (or any similar
crime in any jurisdiction outside the United States); (iii) the Participant’s negligence or willful misconduct in the performance of the Participant’s duties or the Participant’s willful or repeated failure or refusal to substantially
perform assigned duties; (iv) any act of fraud, embezzlement, material misappropriation or dishonesty committed by the Participant against the Company; or (v) any acts, omissions or statements by the Participant which the Company
determines to be materially detrimental or damaging to the reputation, operations, prospects or business relations of the Company. 
 2.4
Special Tax Consequences. If the Option is intended to be an Incentive Stock Option, Participant acknowledges that, to the extent that the aggregate fair market value (determined as of the time the Option is granted) of all Shares with
respect to which Incentive Stock Options, including, without limitation, the Option, are first exercisable for the first time by Participant in any calendar year exceeds $100,000 (or such other limitation as imposed by Section 422(d) of the
Code), the Option and such other options (or the applicable portion thereof) shall be treated as not qualifying under Section 422 of the Code but rather shall be considered Non-Qualified Stock Options.
Participant further acknowledges that the rule set forth in the preceding sentence shall be applied by taking Options and other “incentive stock options” into account in the order in which they were granted. 

ARTICLE III 
 EXERCISE
OF OPTION 
 3.1 Person Eligible to Exercise. During the lifetime of Participant, only Participant may exercise the Option or any
portion thereof. After the death of Participant, any exercisable portion of the Option may, prior to the time when the Option becomes unexercisable under Section 2.3, be exercised by Participant’s personal representative or by any person
empowered to do so under the deceased Participant’s will or under the then applicable laws of descent and distribution. 

  
 A-2 

 3.2 Partial Exercise. Any exercisable portion of the Option or the entire Option, if
then wholly exercisable, may be exercised in whole or in part at any time prior to the time when the Option or portion thereof becomes unexercisable under Section 2.3. 

3.3 Manner of Exercise. The Option, or any exercisable portion thereof, may be exercised solely by delivery to the Secretary of the
Company or the Secretary’s office, or such other place as may be determined by the Administrator, of all of the following prior to the time when the Option or such portion thereof becomes unexercisable under Section 2.3: 

(a) An exercise notice in substantially in the form attached as Exhibit B to the Grant Notice (or such other form as is prescribed by
the Administrator) (the “Exercise Notice”) in writing signed by Participant or any other person then entitled to exercise the Option or portion thereof, stating that the Option or portion thereof is thereby exercised, such
notice complying with all applicable rules established by the Administrator; and 
 (b) Full payment for Shares with respect to which the
Option or portion thereof is exercised in accordance with Section 5(f) of the Plan; and 
 (c) The receipt by the Company of full
payment for any applicable withholding tax in cash, by wire transfer of immediately available funds, by check or in such other form as is permitted by the Plan; and 

(d) In the event the Option or portion thereof shall be exercised pursuant to Section 3.1 by any person or persons other than Participant,
appropriate proof of the right of such person or persons to exercise the Option. 
 ARTICLE IV 

OTHER PROVISIONS 
 4.1
Restrictive Legends and Stop-Transfer Orders. 
 (a) Participant agrees that, in order to ensure compliance with the restrictions
referred to herein, the Company may issue appropriate “stop transfer” instructions to its transfer agent, if any, and that, if the Company transfers its own securities, it may make appropriate notations to the same effect in its own
records. 
 (b) The Company shall not be required: (i) to transfer on its books any Shares that have been sold or otherwise transferred
in violation of any of the provisions of this Agreement, or (ii) to treat as owner of such Shares or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such shares shall have been so transferred. 

4.2 Notices. Any notice to be given under the terms of this Agreement to the Company shall be addressed to the Company at its principal
executive offices in care of the Secretary of the Company, and any notice to be given to Participant shall be addressed to Participant at the most recent address for Participant shown in the Company’s records. By a notice given pursuant to this
Section 4.2, either party may hereafter designate a different address for notices to be given to that party. Any notice which is required to be given to Participant shall, if Participant is then deceased, be given to the person entitled to
exercise his or her Option by written notice under this Section 4.2. Any notice shall be deemed duly given when sent via email or when sent by certified mail (return receipt requested) and deposited (with postage prepaid) in a post office or
branch post office regularly maintained by the United States Postal Service. 

  
 A-3 

 4.3 Titles. Titles are provided herein for convenience only and are not to serve as a
basis for interpretation or construction of this Agreement. 
 4.4 Governing Law; Severability. This Agreement and the Exercise
Notice shall be administered, interpreted and enforced under the laws of the State of Delaware, without regard to the conflicts of law principles thereof. Should any provision of this Agreement be determined by a court of law to be illegal or
unenforceable, the other provisions shall nevertheless remain effective and shall remain enforceable. 
 4.5 Conformity to Securities
Laws. Participant acknowledges that the Plan is intended to conform to the extent necessary with all provisions of the Securities Act and the Exchange Act and any and all regulations and rules promulgated by the Securities and Exchange
Commission thereunder, and state securities laws and regulations. Notwithstanding anything herein to the contrary, the Plan shall be administered, and the Option is granted and may be exercised, only in such a manner as to conform to such laws,
rules and regulations. To the extent permitted by applicable law, the Plan and this Agreement shall be deemed amended to the extent necessary to conform to such laws, rules and regulations. 

4.6 Successors and Assigns. The Company may assign any of its rights under this Agreement and the Exercise Notice to single or multiple
assignees, and this Agreement shall inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer herein set forth, this Agreement shall be binding upon Participant and his or her heirs, executors,
administrators, successors and assigns. 
 4.7 Entire Agreement. The Plan and this Agreement (including, without limitation, all
Exhibits hereto) constitute the entire agreement of the parties and supersede in their entirety all prior undertakings and agreements of the Company and Participant with respect to the subject matter hereof. 

* * * * * 

  
 A-4 

 EXHIBIT B 

TO STOCK OPTION AGREEMENT 

FORM OF EXERCISE NOTICE 

Effective as of today,
                ,
                , the undersigned (“Participant”) hereby elects to exercise Participant’s option to
purchase                  Shares of 480 Biomedical, Inc. (the “Company”) under and pursuant to the 480
Biomedical, Inc. 2016 Equity Incentive Plan (the “Plan”) and the Stock Option Agreement dated                 , ____
(the “Option Agreement”). Capitalized terms used herein without definition shall have the meanings given in the Option Agreement. 
  

			
		
	Grant Date:	  	                                      
                              
		
	Number of Shares as to which Option is Exercised:	  	                                      
                              
		
	Exercise Price per Share:	  	$                        
		
	Total Exercise Price:	  	$                        
		
	Certificate to be issued in name of:	  	                                      
                              
		
	Cash Payment delivered herewith:	  	$                             (Representing the full Exercise Price for the Shares,
as well as any applicable withholding tax)

 Type of Option:  ☐    Incentive Stock
Option        ☐    Non-Qualified Stock Option 

1. Representations of Participant. Participant acknowledges that Participant has received, read and understood the Plan and the Option
Agreement. Participant agrees to abide by and be bound by their terms and conditions. 
 2. Tax Consultation. Participant understands
that Participant may suffer adverse tax consequences as a result of Participant’s purchase or disposition of the Shares. Participant represents that Participant has consulted with any tax consultants Participant deems advisable in connection
with the purchase or disposition of the Shares and that Participant is not relying on the Company for any tax advice. Participant is relying solely on such advisors and not on any statements or representations of the Company or any of its agents.
Participant understands that Participant (and not the Company) shall be responsible for Participant’s tax liability that may arise as a result of this investment or the transactions contemplated by this Agreement. 

3. Restrictive Legends and Stop-Transfer Orders. 

(a) Legends. Participant understands and agrees that the Company shall cause any certificates issued evidencing the Shares to have the
legends set forth below or legends substantially equivalent thereto, together with any other legends that may be required by state or federal securities laws: 

THE SHARES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (“ACT”), NOR HAVE THEY BEEN
REGISTERED OR QUALIFIED UNDER THE SECURITIES LAWS OF ANY STATE. NO TRANSFER OF SUCH SECURITIES WILL BE PERMITTED 

  
 B-1 

 
UNLESS A REGISTRATION STATEMENT UNDER THE ACT IS IN EFFECT AS TO SUCH TRANSFER, THE TRANSFER IS MADE IN ACCORDANCE WITH RULE 144 UNDER THE ACT, OR IN THE OPINION OF COUNSEL (WHICH MAY BE COUNSEL
FOR THE COMPANY) REGISTRATION UNDER THE ACT IS UNNECESSARY IN ORDER FOR SUCH TRANSFER TO COMPLY WITH THE ACT AND WITH APPLICABLE STATE SECURITIES LAWS. 

THE SHARES REPRESENTED BY THIS CERTIFICATE MAY BE TRANSFERRED ONLY IN ACCORDANCE WITH THE TERMS OF AN AGREEMENT BETWEEN THE COMPANY AND THE
STOCKHOLDER, A COPY OF WHICH IS ON FILE WITH THE SECRETARY OF THE COMPANY. SUCH TRANSFER RESTRICTIONS ARE BINDING ON TRANSFEREES OF THESE SHARES. 

(b) Participant agrees that, in order to ensure compliance with the restrictions referred to herein, the Company may issue appropriate
“stop transfer” instructions to its transfer agent, if any, and that, if the Company transfers its own securities, it may make appropriate notations to the same effect in its own records. 

(c) The Company shall not be required (i) to transfer on its books any Shares that have been sold or otherwise transferred in violation of
any of the provisions of this Agreement or (ii) to treat as owner of such Shares or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such Shares shall have been so transferred. 

4. Notices. Any notice required or permitted hereunder shall be given in accordance with the provisions set forth in Section 4.2
of the Option Agreement. 
 5. Further Instruments. Participant hereby agrees to execute such further instruments and to take such
further action as the Company determines are reasonably necessary to carry out the purposes and intent of this Agreement. 
 6. Entire
Agreement. The Plan and Option Agreement are incorporated herein by reference. This Agreement, the Plan and the Option Agreement constitute the entire agreement of the parties and supersede in their entirety all prior undertakings and agreements
of the Company and Participant with respect to the subject matter hereof. 
  

									
	 ACCEPTED BY:
 480
BIOMEDICAL, INC.
	 	 

    
	  	 SUBMITTED BY

PARTICIPANT:

				
	By:	  	
                 
	 		  	  

	Print Name:	  	  
	 		  	Print Name:	  	  

	Title:	  	  
	 		  		  	

  
 B-2 

 480 BIOMEDICAL, INC. 

2016 EQUITY INCENTIVE PLAN 

RESTRICTED STOCK AGREEMENT 

GRANT NOTICE 
 The
participant set forth below (the “Participant”) has been granted Restricted Stock, subject to the terms and conditions of the 480 Biomedical, Inc. 2016 Equity Incentive Plan, as amended from time to time (the
“Plan”), and this Restricted Stock Agreement, which includes the terms in this Grant Notice (the “Grant Notice”) and Appendix A attached hereto (collectively, this
“Agreement”). Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Agreement. 
  

			
		
	Participant:	  	
		
	Grant Date:	  	
		
	Vesting Commencement Date:	  	
		
	Total Number of Shares of Restricted Stock:	  	
		
	Type of Restricted Stock:	  	 Common Stock

		
	Vesting Schedule:	  	

 Both the Company and the Participant acknowledge and agree that this Agreement and the Plan constitute the
entire agreement between the Company and the Participant regarding the terms and conditions of the Restricted Stock awarded hereunder, and that the foregoing supersede all prior communications, agreements, and understandings, written or oral, with
respect to the terms and conditions of such Restricted Stock. ACCORDINGLY, PLEASE BE SURE TO READ ALL OF THIS AGREEMENT (INCLUDING THE GRANT NOTICE AND APPENDIX A) AND THE PLAN. 

 

									
	480 BIOMEDICAL, INC.:	  	        	 	PARTICIPANT:
				
	By:	 	              
	  		 	  

	Name:	 	              
	  		 	Name:	 	              

	Title:	 	              
	  		 	

  

 APPENDIX A 

TO THE RESTRICTED STOCK AGREEMENT 

As evidenced by this Agreement, the Company has awarded to the Participant the number of shares of Restricted Stock under the Plan set forth
in the Grant Notice. 
 ARTICLE I. 

GENERAL 
 1.1
Definitions. All capitalized terms used in this Agreement without definition shall have the meanings ascribed in the Plan and the Grant Notice.  

1.1 Incorporation of Terms. The Restricted Stock is subject to the terms and conditions of the Plan, which are incorporated herein by
reference. In the event of any inconsistency between the Plan and this Agreement, the terms of the Plan shall control. The Participant hereby acknowledges receipt of a copy of the Plan and agrees to execute such further documents as may from time to
time be requested by the Company to implement the terms of the Plan, including, without limitation, restrictions on the transferability of shares of Common Stock, the right of the Company to repurchase shares of Common Stock, the right of the
Company to require that shares of Common Stock be transferred in the event of certain transactions, tag-along rights, bring-along rights, redemption and co-sale rights
and voting requirements in accordance with Section 10(o) of the Plan 
 ARTICLE II. 

AWARD OF RESTRICTED STOCK 

2.1 Award of Restricted Stock. 

(a) Award. On the Grant Date, the Company issued to the Participant the number of shares of Restricted Stock set forth in the Grant
Notice in consideration of the Participant’s agreement to remain in the service or employ of the Company or one of its subsidiaries, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged.
Such shares of Restricted Stock and any dividends and distributions made or declared with respect to such shares, in each case, whether vested or unvested shall sometimes be referred to herein as “Shares.” 

(b) Book Entry Form; Certificates. At the sole discretion of the Administrator, the Shares will be issued in either
(i) uncertificated form, with the Shares recorded in the name of the Participant in the books and records of the Company’s transfer agent with appropriate notations regarding the Restrictions; or (ii) certificate form subject to the
terms of Section 2.1(c). For purposes of this Agreement, “Restrictions” shall mean the forfeiture provision in Section 2.2 and the other restrictions set forth in this Agreement or the Plan. 

(c) Legend. Shares issued pursuant to this Agreement shall bear such legend or legends as shall be determined by the Administrator. 

(d) Escrow. The Secretary of the Company or such other escrow holder as the Company may appoint may retain physical custody of any
certificates representing the Shares until all of the Restrictions lapse or shall have been removed. 

  
 A-1 

 2.2 Restrictions. 

(a) Forfeiture. The Restricted Stock shall vest in accordance with the vesting schedule set forth on the Grant Notice. Except as
otherwise determined by the Administrator, any portion of the Restricted Stock which is not vested pursuant to the Grant Notice as of the date the Participant incurs a Termination of Service shall automatically be forfeited by the Participant on the
date of such Termination of Service without any additional consideration therefore and without any further action by the Company. 
 (b)
Tax Withholding; Conditions to Issuance of Certificates. Notwithstanding any other provision of this Agreement: 
 (i) The
Participant is ultimately liable and responsible for all taxes owed in connection with the Restricted Stock, regardless of any action the Company or any of its subsidiaries takes with respect to any tax withholding obligations that arise in
connection with the Restricted Stock. Neither the Company nor any of its subsidiaries makes any representation or undertaking regarding the treatment of any tax withholding in connection with the awarding or vesting of the Restricted Stock or the
subsequent sale of shares. The Company and its subsidiaries do not commit and are under no obligation to structure the Restricted Stock to reduce or eliminate the Participant’s tax liability. 

(ii) Prior to any tax withholding becoming due, the Participant must make arrangements acceptable to the Administrator to satisfy such
withholding and must satisfy such tax withholdings when due. To the extent permitted by the Administrator, the Company (or the employing subsidiary) will withhold a portion of the shares of Restricted Stock that have an aggregate fair market value
sufficient to pay the minimum federal, state and local income, employment and any other applicable taxes required to be withheld by the Company or the employing subsidiary with respect to the shares. Notwithstanding any contrary provision of this
Agreement, no vested Shares will be released from the Company unless and until satisfactory arrangements (as determined by the Administrator) will have been made by the Participant with respect to the payment of any income and other taxes which the
Company determines must be withheld or collected as of the vesting date with respect to such Shares. In addition and to the maximum extent permitted by Applicable Law, the Company (or the employing subsidiary) has the right to retain from salary or
other amounts payable to the Participant, cash having a value sufficient to satisfy any tax withholding obligations (based on minimum statutory rates) that are not satisfied by the withholding of otherwise deliverable Shares or any other
arrangements made by the Participant. 
 2.3 Rights as Stockholder. Except as otherwise provided herein, upon the Grant Date, the
Participant shall have all the rights of a stockholder with respect to the Shares, including without limitation the right to receive any cash or stock dividends or other distributions paid to or made with respect to the Shares, subject to the
Restrictions herein. 
 2.4 Retained Distributions. The Company will retain custody of all cash dividends (without interest) and other
distributions (“Retained Distributions”) made or declared with respect to the Restricted Stock (and such Retained Distributions will be subject to the Restrictions and the other terms and conditions under this Agreement that
are applicable to the Restricted Stock) until such time, if ever, as the Restricted Stock with respect to which such Retained Distributions shall have been made, paid or declared shall have become vested pursuant to the Grant Notice or, if earlier,
tax withholding is otherwise due with respect to such Restricted Stock. Retained Distributions will automatically be forfeited upon forfeiture of the share of Restricted Stock with respect to which the Retained Distributions were paid or declared.

  
 A-2 

 ARTICLE III. 

OTHER PROVISIONS 
 3.1
Section 83(b) Election. The Participant understands that Section 83(a) of the Code taxes as ordinary income the difference between the amount, if any, paid for the Shares and the fair market value of such Shares at the
time the forfeiture provision on such Shares lapse or such Shares become transferable. The Participant understands that, notwithstanding the preceding sentence, the Participant may elect to be taxed at the time of the Grant Date, rather than at the
time the forfeiture provision or transferability restriction lapses, by filing an election under Section 83(b) of the Code (an “83(b) Election”) with the Internal Revenue Service within 30 days after the Grant Date. In
the event the Participant files an 83(b) Election, the Participant will recognize ordinary income in an amount equal to the difference between the amount, if any, paid for the Shares and the Fair Market Value of such Shares as of the Grant Date. The
Participant further understands that an additional copy of such 83(b) Election form should be filed with his or her federal income tax return for the calendar year in which the Grant Date falls. The Participant acknowledges that the foregoing is
only a summary of the effect of United States federal income taxation with respect to the Shares awarded hereunder, and does not purport to be complete. THE PARTICIPANT FURTHER ACKNOWLEDGES THAT THE COMPANY IS NOT RESPONSIBLE FOR FILING THE
PARTICIPANT’S 83(b) ELECTION, AND THE COMPANY HAS DIRECTED THE PARTICIPANT TO SEEK INDEPENDENT ADVICE REGARDING THE APPLICABLE PROVISIONS OF THE INTERNAL REVENUE CODE, THE INCOME TAX LAWS OF ANY MUNICIPALITY, STATE OR FOREIGN COUNTRY IN WHICH
PARTICIPANT MAY RESIDE, AND THE TAX CONSEQUENCES OF THIS AWARD AND THE PARTICIPANT’S PARTICIPATION IN THE PLAN. A sample 83(b) Election is attached hereto as Exhibit A. 

3.2 Governing Law; Severability. This Agreement shall be administered, interpreted and enforced under the laws of the State of Delaware,
without regard to the conflicts of law principles thereof. Should any provision of this Agreement be determined by a court of law to be illegal or unenforceable, the other provisions shall nevertheless remain effective and shall remain enforceable.

 3.3 Notices. Any notice to be given under the terms of this Agreement to the Company shall be addressed to the Company at its
principal executive offices in care of the Secretary of the Company, and any notice to be given to the Participant shall be addressed to the Participant at the most recent address for the Participant shown in the Company’s records. By a notice
given pursuant to this Section 3.3, either party may hereafter designate a different address for notices to be given to that party. Any notice shall be deemed duly given when sent via email or when sent by certified mail (return receipt
requested) and deposited (with postage prepaid) in a post office or branch post office regularly maintained by the United States Postal Service. 

3.4 Successors and Assigns. The Company may assign any of its rights under this Agreement to single or multiple assignees, and this
Agreement shall inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer herein set forth, this Agreement shall be binding upon the Participant and his heirs, executors, administrators, successors
and assigns. 
 * * * * * 

  
 A-3 

 EXHIBIT A 

ELECTION UNDER SECTION 83(b) 

OF THE INTERNAL REVENUE CODE OF 1986 
 The
undersigned taxpayer hereby elects, pursuant to Section 83(b) of the Internal Revenue Code of 1986, as amended, to include in taxpayer’s gross income for the current taxable year the amount of any compensation taxable to taxpayer in
connection with taxpayer’s receipt of the property described below 
  

	1.	 The name, address, taxpayer identification number and taxable year of the undersigned are as follows:

  

			
		
	 NAME:
	  	
		
	 ADDRESS:
	  	
		
	 SOCIAL SECURITY NO.:
	  	
		
	 TAXABLE YEAR:
	  	201_

  

	2.	 The property with respect to which the election is made is described as follows: ________ shares (the
“Shares”) of the common stock of 480 Biomedical, Inc. (the “Company”). 

  

	3.	 The date on which the property was transferred
is:                    , 201    . 

 

	4.	 The property is subject to the following restrictions:     

The Shares may not be transferred and are subject to forfeiture under the terms of an agreement between the taxpayer and the Company. These
restrictions lapse upon the satisfaction of certain conditions contained in such agreement. 
  

	5.	 The fair market value at the time of transfer, determined without regard to any restriction other than a
restriction which by its terms will never lapse, of the transferred property is: $                    . 

 

	6.	 The amount (if any) paid for such property is:
$                    . 

 The
undersigned has submitted a copy of this statement to the person for whom the services were performed in connection with the undersigned’s receipt of the above-described property. The transferee of such property is the person performing the
services in connection with the transfer of said property. 
 The undersigned understands that the foregoing election may not be revoked except with the
consent of the Commissioner. 
  

			
	Dated:
                                         
           ,                     	 	  

		 	Taxpayer

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