Document:

EX-10.3

 Exhibit 10.3 
  

 
 REGISTRATION RIGHTS AGREEMENT

 BY AND AMONG 

MCAFEE CORP. 
 AND

 THE STOCKHOLDERS PARTY HERETO 

DATED AS OF OCTOBER 21, 2020 
  

 
  

 TABLE OF CONTENTS 

Page 
  

							
	 ARTICLE I
  

EFFECTIVENESS
	  
 

 

	 Section 1.1
	 	Effectiveness	  	 	2	 
	
	ARTICLE II	  

	
	DEFINITIONS	  

			
	 Section 2.1
	 	Definitions	  	 	2	 
	 Section 2.2
	 	Other Interpretive Provisions	  	 	7	 
	
	ARTICLE III	  

	
	REGISTRATION RIGHTS	  

			
	 Section 3.1
	 	Demand Registration	  	 	8	 
	 Section 3.2
	 	Shelf Registration	  	 	10	 
	 Section 3.3
	 	Piggyback Registration	  	 	13	 
	 Section 3.4
	 	Lock-Up Agreements	  	 	15	 
	 Section 3.5
	 	Registration Procedures	  	 	15	 
	 Section 3.6
	 	Underwritten Offerings	  	 	20	 
	 Section 3.7
	 	No Inconsistent Agreements; Additional Rights	  	 	22	 
	 Section 3.8
	 	Registration Expenses	  	 	22	 
	 Section 3.9
	 	Indemnification	  	 	23	 
	 Section 3.10
	 	Rules 144 and 144A and Regulation S	  	 	26	 
	 Section 3.11
	 	Existing Registration Statements	  	 	26	 
	
	ARTICLE IV	  

	
	MISCELLANEOUS	  

			
	 Section 4.1
	 	Authority; Effect	  	 	27	 
	 Section 4.2
	 	Notices	  	 	27	 
	 Section 4.3
	 	Termination and Effect of Termination	  	 	29	 
	 Section 4.4
	 	Permitted Transferees	  	 	29	 
	 Section 4.5
	 	Remedies	  	 	30	 
	 Section 4.6
	 	Amendments	  	 	30	 
	 Section 4.7
	 	Governing Law	  	 	30	 
	 Section 4.8
	 	Consent to Jurisdiction	  	 	30	 
	 Section 4.9
	 	WAIVER OF JURY TRIAL	  	 	31	 
	 Section 4.10
	 	Merger; Binding Effect, Etc.	  	 	31	 
	 Section 4.11
	 	Counterparts	  	 	32	 
	 Section 4.12
	 	Severability	  	 	32	 
	 Section 4.13
	 	No Recourse	  	 	32	 

  
 i 

 This REGISTRATION RIGHTS AGREEMENT (as it may be amended from time to time in accordance
with the terms hereof, the “Agreement”), dated as of October 21, 2020 is made by and among: 
 A. McAfee Corp., a Delaware
corporation (the “Company”); 
 B. Intel Americas, Inc., a Delaware corporation (“Intel” and, collectively
with its Permitted Transferees that are Affiliates, the “Intel Investor”); 
 C. VII Manta Blocker Co-Invest I, L.P., a
Delaware limited partnership (“TPG Co-Invest I”), TPG VII Manta AIV I, L.P., a Delaware limited partnership (“TPG AIV I”), TPG VII Side-by-Side Separate Account I, L.P. (“TPG Side-by-Side”), TPG VII Manta AIV Co-Invest,
L.P., a Delaware limited partnership (“TPG Manta AIV Co-Invest”) and TPG VII Manta Holdings II, L.P., a Delaware limited partnership (“TPG Manta Holdings II”, and, together with TPG Co-Invest I, TPG AIV I, TPG Side-by-Side, and
TPG Manta AIV Co-Invest, “TPG” or the “TPG Investor”); 
 D. Thoma Bravo Partners XII AIV, L.P. (“TB Partners
XII”), Thoma Bravo Fund XII-A AIV, L.P. (“TB XII-A”), Thoma Bravo Fund XII AIV, L.P. (“TB XII”), Thoma Executive Fund XII AIV, L.P. (“TB Executive XII”), and Thoma Bravo Executive Fund XII-a AIV, L.P. (“TB
Executive XII-a” and, together with TB Partners XII, TB XII-A, TB XII, and TB Executive XII, the “TB” or the “TB Investor”); 

E. Snowlake Investment Pte Ltd. (“Snowlake” and, together with its Permitted Transferees that are Affiliates,
“GIC”); 
 F. Peter Leav (“CEO”); and 

G. such other Persons, if any, that from time to time become party hereto as holders of Registrable Securities pursuant to
Section 4.4 in their capacity as Permitted Transferees. 
 For purposes of this Agreement, each of the Intel Investor and the TPG Investor is a
“Principal Investor” and each Principal Investor and each of the TB Investor, GIC and CEO is a “Holder” for so long as it holds Registrable Securities. 

RECITALS 
 WHEREAS, the
Company has effected a series of reorganization transactions (the “Reorganization Transactions”) in connection with an initial public offering (the “IPO”) of shares of the Company’s Class A common stock,
par value $0.001 per share (the “Class A Common Stock”); 
 WHEREAS, after giving effect to the Reorganization
Transactions, the Holders own (i) shares of Class A Common Stock and (ii) Class A Common Units in Foundation Technology Worldwide LLC (“LLC Units”) that, together with shares of the Company’s Class B
common stock, par value $0.001 per share (the “Class B Common Stock” and, together with the Class A Common Stock, the “Common Stock”), subject to certain restrictions, are exchangeable from time to time at
the option of the holder thereof for shares of the Company’s Class A Common Stock, pursuant to the terms of the Amended and Restated Limited Liability Company Agreement of Foundation Technology Worldwide LLC (the “LLC
Agreement”); 

 WHEREAS, on the date hereof, the Company has priced the IPO pursuant to an Underwriting
Agreement dated as of the date hereof (the “Underwriting Agreement”); and 
 WHEREAS, the parties believe that it is in the
best interests of the Company and the other parties hereto to set forth their agreements regarding registration rights and certain other matters following the closing of the IPO. 

NOW, THEREFORE, in consideration of the foregoing and the mutual promises, covenants and agreements of the parties hereto, and for other good
and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows: 
 ARTICLE I

 EFFECTIVENESS 

Section 1.1 Effectiveness. This Agreement shall become effective upon the Closing. 

ARTICLE II 

DEFINITIONS 

Section 2.1 Definitions. As used in this Agreement, the following terms shall have the following meanings: 

“Adverse Disclosure” means public disclosure of material non-public information that,
in the good faith judgment of the Board of Directors of the Company: (i) would be required to be made in any Registration Statement filed with the SEC by the Company so that such Registration Statement, from and after its effective date, does
not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading; (ii) would not be required to be made at such time but for the filing,
effectiveness or continued use of such Registration Statement; and (iii) the Company has a bona fide business purpose for not disclosing publicly. 

“Affiliate” means, with respect to any specified Person, (a) any Person that directly or indirectly through one or more
intermediaries controls or is controlled by or is under common control with such specified Person or (b) in the event that the specified Person is a natural Person, a Member of the Immediate Family of such Person; provided that the
Company and each Subsidiary of the Company shall be deemed not to be an Affiliate of any of the Intel Investor, the TPG Investor or the TB Investor. “Affiliated” and “Affiliation” shall have correlative meanings. As used in this
definition, the term “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through ownership of voting securities, by contract or
otherwise. 
 “Agreement” shall have the meaning set forth in the Preamble. 

  
 2 

 “Block Trade Offering” means any bought deal or block sale to a financial
institution conducted as an underwritten Public Offering. 
 “Business Day” means any day that is not a Saturday, a Sunday
or other day on which banks are required or authorized by law to be closed in the City of New York. 
 “Class A Common
Stock” shall have the meaning set forth in the Recitals. 
 “Class B Common Stock” shall have the meaning set
forth in the Recitals. 
 “Closing” shall mean the closing of the IPO. 

“Common Stock” shall have the meaning set forth in the Recitals. 

“Coordination Agreement” means that certain Coordination Agreement, dated October 21, 2020, by and among Intel, TPG, TB and
GIC. 
 “Demand Notice” shall have the meaning set forth in Section 3.1.3. 

“Demand Registration” shall have the meaning set forth in Section 3.1.1(a). 

“Demand Registration Request” shall have the meaning set forth in Section 3.1.1(a). 

“Demand Registration Statement” shall have the meaning set forth in Section 3.1.1(c). 

“Demand Suspension” shall have the meaning set forth in Section 3.1.6. 

“Demanding Holder” means any of the Intel Investor, the TPG Investor or the TB Investor that exercises a right to request a
Demand Registration pursuant to Section 3.1. 
 “Effective Date” means the date of the Closing. 

“Exchange” means the exchange of LLC Units together with shares of Class B Common Stock for shares of Class A
Common Stock pursuant to the LLC Agreement. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended, and
any successor thereto, and any rules and regulations promulgated thereunder, all as the same shall be in effect from time to time. 

“Excluded Registration” means (i) a registration relating to the sale of securities to employees of the Company or a
subsidiary pursuant to a stock option, stock purchase, or similar plan on Form S-8 or its successor approved by the Board of Directors of the Company or (ii) a registration statement on Form S-4 or its successor. 
 “FINRA” means the Financial Industry Regulatory Authority. 

“Holder” shall have the meaning set forth in the Preamble. 

“Intel” shall have the meaning set forth in the Preamble. 

“IPO” shall have the meaning set forth in the Recitals. 

  
 3 

 “Issuer Free Writing Prospectus” means an issuer free writing prospectus,
as defined in Rule 433 under the Securities Act, relating to an offer of the Registrable Securities. 
 “Issuer Shares”
means the shares of Common Stock or other equity securities of the Company, and any securities into which such shares of Common Stock or other equity securities shall have been changed or any securities resulting from any reclassification or
recapitalization of such shares of Common Stock or other equity securities. 
 “LLC Agreement” shall have the meaning set
forth in the Recitals. 
 “LLC Units” shall have the meaning set forth in the Recitals. 

“Loss” shall have the meaning set forth in Section 3.9.1. 

“Member of the Immediate Family” means, with respect to an individual, (a) each parent, spouse (but not including a
former spouse or a spouse from whom such individual is legally separated) or child (including those adopted) of such individual and (b) each trustee, solely in his or her capacity as trustee and so long as such trustee is reasonably
satisfactory to the Company, for a trust naming only one or more of the Persons listed in sub-clause (a) as beneficiaries 

“Participation Conditions” shall have the meaning set forth in Section 3.2.5(b). 

“Permitted Transferee” means with respect to any Holder, any Affiliate of such Holder. 

“Person” means any individual, partnership, corporation, company, association, trust, joint venture, limited liability
company, unincorporated organization, entity or division, or any government, governmental department or agency or political subdivision thereof. 

“Piggyback Notice” shall have the meaning set forth in Section 3.3.1. 

“Piggyback Registration” shall have the meaning set forth in Section 3.3.1. 

“Potential Takedown Participant” shall have the meaning set forth in Section 3.2.5(b). 

“Principal Investor” or “Principal Investors” shall have the meaning set forth in the Preamble. 

“Pro Rata Portion” means, with respect to each Holder requesting that its shares be registered or sold in a Public Offering,
a number of such shares equal to the aggregate number of Registrable Securities requested to be registered or sold in such Public Offering (excluding any shares to be registered or sold for the account of the Company) multiplied by a fraction, the
numerator of which is the aggregate number of Registrable Securities held by such Holder immediately following Closing (after giving effect to any exercise by the underwriters of their option to purchase additional shares as well as the repurchase
of Class B Common Stock and LLC Units by the Company, if any, in connection with the closing of the IPO and any exercise of such option to purchase additional shares by the underwriters) and the Reorganization Transactions, and the denominator of
which is the aggregate number of Registrable Securities held by all Holders immediately following Closing (after giving effect to any exercise by the underwriters of their option to purchase additional shares as well as the repurchase of Class B
Common Stock and LLC Units by the Company, if any, in connection with the closing of the IPO and any exercise of such option to purchase additional shares by the underwriters) and the Reorganization Transactions. 

  
 4 

 “Prospectus” means (i) the prospectus included in any Registration
Statement, all amendments and supplements to such prospectus, including post-effective amendments and supplements, and all other material incorporated by reference in such prospectus, and (ii) any Issuer Free Writing Prospectus. 

“Public Offering” means the offer and sale of Registrable Securities for cash pursuant to an effective Registration Statement
under the Securities Act (other than a Registration Statement on Form S-4 or Form S-8 or any successor form). 

“Registrable Securities” means (i) all shares of Class A Common Stock, and any securities into which such
Class A Common Stock shall have been changed, that are not then subject to vesting or forfeiture to the Company, (ii) all shares of Class A Common Stock issuable upon exercise, conversion or exchange of any option, warrant or
convertible or other security not then subject to vesting or forfeiture to the Company (including shares of Class A Common Stock issuable upon Exchange) and (iii) all shares of Class A Common Stock directly or indirectly issued or
issuable with respect to the securities referred to in clauses (i) or (ii) above by way of unit or stock dividend or unit or stock split, or in connection with a combination of units or shares, reclassification, recapitalization, merger,
consolidation or other reorganization. As to any particular Registrable Securities, such securities shall cease to be Registrable Securities when (w) a Registration Statement with respect to the sale of such securities shall have become
effective under the Securities Act and such securities shall have been disposed of in accordance with such Registration Statement, (x) such securities shall have been Transferred pursuant to Rule 144, (y) the holder is able to immediately
sell such securities (including all shares of Class A Common Stock issuable upon Exchange) under Rule 144 without any restrictions on transfer (including without application of paragraphs (c), (d), (e), (f) and (h) of Rule 144), as
determined in the reasonable judgment of the Holder (it being understood that a written opinion of the Company’s outside legal counsel to the effect that such securities may be so sold shall be conclusive evidence this clause has been
satisfied), or (z) such securities shall have ceased to be outstanding. Notwithstanding the foregoing, any such shares held by or issuable to a party to the Coordination Agreement shall not cease to be Registrable Securities prior to the time
at which the Coordination Agreement or Stockholders Agreement has terminated with regard to such Holder or the Holder of such Registrable Securities is otherwise permitted to withdraw in accordance with its terms (in the forms delivered to the
Company and in effect as of the date hereof). 
 “Registration” means registration under the Securities Act of the offer
and sale to the public of any Issuer Shares under a Registration Statement. The terms “register,” “registered” and “registering” shall have correlative meanings. 

“Registration Expenses” shall have the meaning set forth in Section 3.8. 

“Registration Statement” means any registration statement of the Company filed with, or to be filed with, the SEC under the
Securities Act, including the related Prospectus, amendments and supplements to such registration statement, including pre- and post-effective amendments, and all exhibits and all material incorporated by
reference in such registration statement other than a registration statement (and related Prospectus) filed on Form S-4 or Form S-8 or any successor form thereto. 

“Reorganization Transactions” shall have the meaning set forth in the Recitals. 

  
 5 

 “Representatives” means, with respect to any Person, any of such
Person’s officers, directors, employees, agents, attorneys, accountants, actuaries, consultants, equity financing partners or financial advisors or other Person associated with, or acting on behalf of, such Person. 

“Requisite Investor Approval” means the approval of (a) each of the Principal Investors that then holds Registrable
Securities and (b) to the extent only one Principal Investor holds Registrable Securities, such Principal Investor; provided that, for purposes of this definition, a Principal Investor shall be deemed to have approved an action to the
extent that such Principal Investor or its Affiliates holding a majority of the Issuer Shares held by such Principal Investor and its Affiliates in the aggregate vote in favor of, or provide their written consent to, such action. 

“Rule 144” means Rule 144 under the Securities Act (or any successor rule). 

“SEC” means the Securities and Exchange Commission or any successor agency having jurisdiction under the Securities Act. 

“Securities Act” means the Securities Act of 1933, as amended, and any successor thereto, and any rules and regulations
promulgated thereunder, all as the same shall be in effect from time to time. 
 “Selling Stockholder Information” shall
have the meaning set forth in Section 3.9.1. 
 “Shelf Period” shall have the meaning set forth in
Section 3.2.3. 
 “Shelf Registration” shall have the meaning set forth in
Section 3.2.1(a). 
 “Shelf Registration Notice” shall have the meaning set forth in
Section 3.2.2. 
 “Shelf Registration Request” shall have the meaning set forth in
Section 3.2.1(a). 
 “Shelf Registration Statement” shall have the meaning set forth in
Section 3.2.1(a). 
 “Shelf Suspension” shall have the meaning set forth in
Section 3.2.4. 
 “Shelf Takedown Notice” shall have the meaning set forth in
Section 3.2.5(b). 
 “Shelf Takedown Request” shall have the meaning set forth in
Section 3.2.5(a). 
 “Stockholders Agreement” means the Stockholders Agreement, dated as of
October 21, 2020, made by and among the Company, Intel, TPG, TB, GIC and such other Persons who from time to time become party thereto, as amended from time to time. 

“TPG” shall have the meaning set forth in the Preamble. 

“TPG Investor” shall have the meaning set forth in the Preamble. 

  
 6 

 “Transfer” means, with respect to any Registrable Security, any interest
therein, or any other securities or equity interests relating thereto, a direct or indirect transfer, sale, exchange, assignment, pledge, hypothecation or other encumbrance or other disposition thereof, including the grant of an option or other
right, whether directly or indirectly, whether voluntarily, involuntarily, by operation of law, pursuant to judicial process or otherwise. “Transferred” shall have a correlative meaning. 

“Underwritten Public Offering” means an underwritten Public Offering, including any Block Trade Offering. 

“Underwritten Shelf Takedown” means an Underwritten Public Offering pursuant to an effective Shelf Registration Statement.

 “Underwriting Agreement” shall have the meaning set forth in the Recitals. 

“WKSI” means any Securities Act registrant that is a well-known seasoned issuer as defined in Rule 405 under the Securities
Act at the most recent eligibility determination date specified in paragraph (2) of that definition. 
 Section 2.2 Other
Interpretive Provisions. 
 Section 2.2.1 The meanings of defined terms are equally applicable to the singular and plural forms of
the defined terms. 
 (a) The words “hereof,” “herein,” “hereunder” and similar words refer to
this Agreement as a whole and not to any particular provision of this Agreement; and any subsection and section references are to this Agreement unless otherwise specified. 

(b) The terms “include” and “including” are not limiting and shall be deemed to be followed by the phrase
“without limitation.” 
 (c) The captions and headings of this Agreement are for convenience of reference only and
shall not affect the interpretation of this Agreement. 
 (d) Whenever the context requires, any pronouns used herein shall
include the corresponding masculine, feminine or neuter forms. 

  
 7 

 ARTICLE III 

REGISTRATION RIGHTS 

The Company will perform and comply, and cause each of its subsidiaries to perform and comply, with such of the following provisions as are
applicable to it. Each Holder will perform and comply with such of the following provisions as are applicable to such Holder. 

Section 3.1 Demand Registration. 

Section 3.1.1 Request for Demand Registration. 

(a) Following the Effective Date, each of the Intel Investor, the TPG Investor and the TB Investor shall have the right to make
a written request from time to time (a “Demand Registration Request”) to the Company for Registration of all or part of the Registrable Securities held by such Holder. Any such Registration pursuant to a Demand Registration Request shall
hereinafter be referred to as a “Demand Registration.” Each such demand shall be required to be in respect of at least $100 million in anticipated aggregate net proceeds from all shares sold pursuant to such registration
(including after giving effect to net proceeds expected to be received by any Holder that participates in such offering after delivering written notice pursuant to Section 3.1.3 or otherwise) unless a lesser amount is then held by the
participating Holders, in which case such demand may only be made in respect of all Registrable Securities held by such Holders; provided, that a Demand Registration shall not be counted for purposes of the limitation set forth in
Section 3.1.2 or Section 3.2.5(c) unless and until the Demand Registration has become effective and the Demanding Holders are able to register and sell at least 75% of the Registrable Securities requested to be
included in such registration. 
 (b) Each Demand Registration Request shall specify (x) the aggregate amount of
Registrable Securities to be registered and (y) the intended method or methods of disposition thereof. 
 (c) Upon
receipt of a Demand Registration Request, the Company shall as promptly as practicable file a Registration Statement (a “Demand Registration Statement”) relating to such Demand Registration, and use its commercially
reasonable efforts to cause such Demand Registration Statement to be promptly declared effective under the Securities Act. 

Section 3.1.2 Limitation on Demand Registrations. The Company shall not be obligated to take any action to effect any Demand
Registration (i) if a Demand Registration was declared effective or an Underwritten Shelf Takedown was consummated within the preceding 90 days (unless otherwise consented to by the Board of Directors of the Company) or (ii) in connection
with a Demand Registration Request made by the TB Investor if a Demand Registration was declared effective or an Underwritten Shelf Takedown was consummated at the request of the TB Investor within the preceding twelve (12) months. 

Section 3.1.3 Demand Notice. Promptly upon receipt of a Demand Registration Request pursuant to Section 3.1.1 (but in
no event more than one Business Day thereafter), the Company shall deliver a written notice (a “Demand Notice”) of any such Demand Registration Request to all other Holders and the Demand Notice shall offer each such Holder the
opportunity to include in the Demand Registration that number of Registrable Securities as each such Holder may request in writing. Subject to Section 3.1.7, the Company shall include in the Demand Registration all such Registrable
Securities with respect to which the Company has received written requests for inclusion therein within five Business Days after the date that the Demand Notice was delivered. 

Section 3.1.4 Demand Withdrawal. A Demanding Holder and any other Holder that has requested its Registrable Securities be included
in a Demand Registration pursuant to Section 3.1.3 may withdraw all or any portion of its Registrable Securities included in a Demand Registration from such Demand Registration at any time prior to the effectiveness of the applicable
Demand Registration and will not be obligated to participate in any Underwritten 

  
 8 

 
Public Offering prior to executing the underwriting agreement relating thereto. Upon receipt of a notice to such effect from a Demanding Holder (or if there is more than one Demanding Holder,
from all such Demanding Holders) with respect to all of the Registrable Securities included by such Demanding Holder(s) in such Demand Registration, the Company shall cease all efforts to secure effectiveness of the applicable Demand Registration
Statement; provided that, for the avoidance of doubt, in the event of a request for a Demand Registration by more than one Demanding Holder, the Company shall continue all efforts to secure effectiveness of the applicable Demand Registration
Statement with respect to the Registrable Securities requested to be included by each of the Holders that has not withdrawn its Registrable Securities. Notwithstanding any withdrawal by a Demanding Holder of Registrable Securities from a Demand
Registration pursuant to this Section 3.1.4, the Demand Registration with respect to which the withdrawal was made shall be counted for purposes of the limit on Demand Registration Requests set forth in Section 3.1.2 unless
(a) the Demanding Holders reimburse the Company for all expenses incurred in connection with the Demand Registration with respect to which the withdrawal was made, (b) the withdrawal is made as a result of an event that has had a material
adverse effect on the business, assets, condition (financial or otherwise) or results of operations of the Company or (c) the withdrawal is made in response to a Demand Suspension pursuant to Section 3.1.6. 

Section 3.1.5 Effective Registration. The Company shall use commercially reasonable efforts to cause the Demand Registration
Statement to become effective and remain effective for not less than 180 days plus the duration of any suspension period (or such shorter period as will terminate when all Registrable Securities covered by such Demand Registration Statement have
been sold or withdrawn), or, if such Demand Registration Statement relates to an Underwritten Public Offering, such longer period as in the opinion of counsel for the underwriter or underwriters a Prospectus is required by law to be delivered in
connection with sales of Registrable Securities by an underwriter or dealer. 
 Section 3.1.6 Delay in Filing; Suspension of
Registration. If the filing, initial effectiveness or continued use of a Demand Registration Statement at any time would require the Company to make an Adverse Disclosure, the Company may, upon giving prompt written notice of such action to the
Holders, delay the filing or initial effectiveness of, or suspend use of, the Demand Registration Statement (a “Demand Suspension”); provided, however, that the Company shall not be permitted to exercise a Demand
Suspension (i) more than once during any 12-month period or (ii) for a period exceeding 60 days. In the case of a Demand Suspension, the Holders agree to suspend use of the applicable Prospectus in
connection with any sale or purchase, or offer to sell or purchase, Registrable Securities, upon receipt of the notice referred to above. The Company shall immediately notify the Holders in writing upon (a) the Company’s decision to file
or seek effectiveness of such Demand Registration Statement following such Demand Suspension and (b) the effectiveness of such Demand Registration Statement. Notwithstanding the provisions of this Section 3.1.6, the Company may not
postpone the filing or effectiveness of, or suspend use of, a Demand Registration Statement past the date upon which the applicable Adverse Disclosure is disclosed to the public or ceases to be material. During a Demand Suspension, the Company shall
be prohibited from filing a registration statement for its own account or for the account of any other Holder or holder of its securities and, upon termination of any Demand Suspension, the Company shall promptly amend or supplement the Prospectus,
if necessary, so it does not contain any untrue statement or omission 

  
 9 

 
and furnish to the Holders such numbers of copies of the Prospectus as so amended or supplemented as the Holders may reasonably request. The Company shall, if necessary, supplement or amend the
Demand Registration Statement, if required by the registration form used by the Company for the Demand Registration or by the instructions applicable to such registration form or by the Securities Act or the rules or regulations promulgated
thereunder or as may reasonably be requested by any of the Intel Investor, the TPG Investor or the TB Investor that is participating in such Demand Registration. 

Section 3.1.7 Priority of Securities Registered Pursuant to Demand Registrations. If the managing underwriter or underwriters of a
proposed Underwritten Public Offering of the Registrable Securities included in a Demand Registration advise the Company in writing that, in its or their opinion, the number of securities requested to be included in such Demand Registration exceeds
the number that can be sold in such offering without being likely to have an adverse effect on the price, timing or distribution of the securities offered or the market for the securities offered, then the securities to be included in such
Registration shall be in the case of any Demand Registration (x) first, allocated to each Holder that has requested to participate in such Demand Registration an amount equal to the lesser of (i) the number of such Registrable Securities
requested to be registered or sold by such Holder, and (ii) a number of such shares equal to such Holder’s Pro Rata Portion, provided that with respect to GIC, if (A) the number of Registrable Securities requested to be registered by
GIC exceeds GIC’s Pro Rata Portion and (B) the number of Registrable Securities requested to be registered by the TPG Investor is less than the TPG Investor’s Pro Rata Portion, then with the consent of the TPG Investor (not to be
unreasonably withheld), GIC shall be allocated an additional number of securities equal to the lesser of the excess described in the preceding clause (A) and the excess described in the preceding clause (B), and (y) second, and only if all
the securities referred to in clause (x) have been included, the number of other securities that, in the opinion of such managing underwriter or underwriters can be sold without having such adverse effect (with such number to be allocated
pro rata among the remaining requesting Holders that have requested to participate in such Demand Registration in a like manner). 

Section 3.2 Shelf Registration. 

Section 3.2.1 Request for Shelf Registration. 

(a) Upon the written request of any of the Intel Investor, the TPG Investor or the TB Investor from time to time following the
date on which the Company becomes eligible to use Form S-3 or any similar short-form registration statement (a “Shelf Registration Request”), the Company shall promptly file with the SEC a
shelf Registration Statement pursuant to Rule 415 under the Securities Act (“Shelf Registration Statement”) relating to the offer and sale of Registrable Securities by any Holders thereof from time to time in accordance with the
methods of distribution elected by such Holders and the Company shall use its commercially reasonable to cause such Shelf Registration Statement to promptly become effective under the Securities Act. Any such Registration pursuant to a Shelf
Registration Request shall hereinafter be referred to as a “Shelf Registration.” 

  
 10 

 (b) If on the date of the Shelf Registration Request the Company is a WKSI,
then the Shelf Registration Request may request Registration of an unspecified amount of Registrable Securities to be sold by unspecified Holders. If on the date of the Shelf Registration Request the Company is not a WKSI, then the Shelf
Registration Request shall specify the aggregate amount of Registrable Securities to be registered. The Company shall provide to the Intel Investor, the TPG Investor and the TB Investor the information necessary to determine the Company’s
status as a WKSI upon request. 
 Section 3.2.2 Shelf Registration Notice. Promptly upon receipt of a Shelf Registration Request
(but in no event more than one Business Day thereafter), the Company shall deliver a written notice (a “Shelf Registration Notice”) of any such request to all other Holders, which notice shall specify, if applicable, the amount of
Registrable Securities to be registered, and the Shelf Registration Notice shall offer each such Holder the opportunity to include in the Shelf Registration that number of Registrable Securities as each such Holder may request in writing. Subject to
Section 3.2.6, the Company shall include in such Shelf Registration all such Registrable Securities with respect to which the Company has received written requests for inclusion therein within five Business Days (or within one Business
Day in the case of a Block Trade Offering) after the date that the Shelf Registration Notice has been delivered to such Holder. 

Section 3.2.3 Continued Effectiveness. The Company shall use its commercially reasonable efforts to keep such Shelf Registration
Statement continuously effective under the Securities Act in order to permit the Prospectus forming part of the Shelf Registration Statement to be usable by Holders until the earlier of: (i) the date as of which all Registrable Securities have
been sold pursuant to the Shelf Registration Statement or another Registration Statement filed under the Securities Act (but in no event prior to the applicable period referred to in Section 4(a)(3) of the Securities Act and Rule 174
thereunder); and (ii) the date as of which no Holder holds Registrable Securities (such period of effectiveness, the “Shelf Period”). 

Section 3.2.4 Suspension of Registration. If the continued use of such Shelf Registration Statement at any time would require the
Company to make an Adverse Disclosure, the Company may, upon giving prompt written notice of such action to the Holders, suspend use of the Shelf Registration Statement (a “Shelf Suspension”); provided, however, that
the Company shall not be permitted to exercise a Shelf Suspension (i) more than one time during any 12-month period, or (ii) for a period exceeding 60 days. In the case of a Shelf Suspension, the
Holders agree to suspend use of the applicable Prospectus in connection with any sale or purchase of, or offer to sell or purchase, Registrable Securities, upon receipt of the notice referred to above. The Company shall immediately notify the
Holders in writing upon the termination of any Shelf Suspension, and upon such termination, promptly amend or supplement the Prospectus, if necessary, so it does not contain any untrue statement or omission and furnish to the Holders such numbers of
copies of the Prospectus as so amended or supplemented as the Holders may reasonably request. The Company shall, if necessary, supplement or amend the Shelf Registration Statement, if required by the registration form used by the Company for the
Shelf Registration Statement or by the instructions applicable to such registration form or by the Securities Act or the rules or regulations promulgated thereunder or as may reasonably be requested by the Holders of a majority of Registrable
Securities that are included in such Shelf Registration Statement. 

  
 11 

 Section 3.2.5 Shelf Takedown. 

(a) At any time during which the Company has an effective Shelf Registration Statement with respect to Registrable Securities
held by the Intel Investor, the TPG Investor or the TB Investor, by notice to the Company specifying the intended method or methods of disposition thereof, such Holder may make a written request (a “Shelf Takedown Request”) to the
Company to effect a Public Offering, including an Underwritten Shelf Takedown, of all or a portion of such Holder’s Registrable Securities that are covered by such Shelf Registration Statement, and as soon as practicable the Company shall amend
or supplement the Shelf Registration Statement for such purpose; provided that any Underwritten Shelf Takedown Request shall be required to be in respect of at least $100 million in anticipated net proceeds in the aggregate (including
after giving effect to net proceeds expected to be received by any Holder that participates in such offering after delivering a written notice pursuant to Section 3.2.5(b)), unless a lesser amount is then held by the
Holders requesting to participate in such offering, in which case such request may only be made in respect of all Registrable Securities held by such Holders. 

(b) Promptly upon receipt of a Shelf Takedown Request (but in no event more than one Business Day thereafter) for any
Underwritten Shelf Takedown, the Company shall deliver a notice (a “Shelf Takedown Notice”) to each other Holder with Registrable Securities covered by the applicable Registration Statement, or to all other Holders if such
Registration Statement is undesignated (each a “Potential Takedown Participant”). The Shelf Takedown Notice shall offer each such Potential Takedown Participant the opportunity to include in any Underwritten Shelf Takedown such
number of Registrable Securities as each such Potential Takedown Participant may request in writing. Subject to Section 3.2.6, the Company shall include in the Underwritten Shelf Takedown all such Registrable Securities with respect to
which the Company has received written requests for inclusion therein within two Business Days after the date that the Shelf Takedown Notice has been delivered to such Holder (or within one Business Day after the date that the Shelf Takedown Notice
has been delivered to such Holder if such notice relates to a Block Trade Offering). Any Potential Takedown Participant’s request to participate in an Underwritten Shelf Takedown shall be binding on the Potential Takedown Participant;
provided that each such Potential Takedown Participant that elects to participate may condition its participation on such Underwritten Shelf Takedown being completed within ten (10) Business Days of its acceptance at a price per share
(after giving effect to any underwriters’ discounts or commissions) to such Potential Takedown Participant of not less than 90% (or such lesser percentage specified by such Potential Takedown Participant in writing) of the closing price for the
shares on their principal trading market on the Business Day immediately prior to such Potential Takedown Participant’s election to participate (the “Participation Conditions”). Notwithstanding the delivery of any Shelf
Takedown Notice, but subject to the Participation Conditions in any Block Trade Offering, all determinations as to whether to complete any Underwritten Shelf Takedown and as to the timing, manner, price, size and other terms of any Underwritten
Shelf Takedown contemplated by this Section 3.2.5 shall be determined by the Intel Investor, the TPG Investor and the TB Investor, so long as each such Holder is participating in such Underwritten Shelf Takedown. 

  
 12 

 (c) The Company shall not be obligated to take any action to effect any
Underwritten Shelf Takedown (i) if a Demand Registration or an Underwritten Shelf Takedown was consummated within the preceding 90 days (unless otherwise consented to by the Board of Directors of the Company) or (ii) in connection with any
Shelf Takedown Request at the request of the TB Investor if a Demand Registration was declared effective or an Underwritten Shelf Takedown was consummated at the request of the TB Investor within the preceding twelve (12) months. 

Section 3.2.6 Priority of Securities Sold Pursuant to Shelf Takedowns. If the managing underwriter or underwriters of a proposed
Underwritten Shelf Takedown pursuant to Section 3.2.5 advise the Company in writing that, in its or their opinion, the number of securities requested to be included in the proposed Underwritten Shelf Takedown exceeds the number that can
be sold in such Underwritten Shelf Takedown without being likely to have an adverse effect on the price, timing or distribution of the securities offered or the market for the securities offered, the number of Registrable Securities to be included
in such offering shall be (x) first, allocated to each Holder that has requested to participate in such Underwritten Shelf Takedown an amount equal to the lesser of (i) the number of such Registrable Securities requested to be registered
or sold by such Holder, and (ii) a number of such shares equal to such Holder’s Pro Rata Portion, provided that with respect to GIC, if (A) the number of Registrable Securities requested to be registered by GIC exceeds GIC’s Pro
Rata Portion and (B) the number of Registrable Securities requested to be registered by the TPG Investor is less than the TPG Investor’s Pro Rata Portion, then with the consent of the TPG Investor (not to be unreasonably withheld), GIC
shall be allocated an additional number of securities equal to the lesser of the excess described in the preceding clause (A) and the excess described in the preceding clause (B), and (y) second, and only if all the securities referred to
in clause (x) have been included, the number of other securities that, in the opinion of such managing underwriter or underwriters can be sold without having such adverse effect (with such number to be allocated pro rata among the
remaining requesting Holders that have requested to participate in such Underwritten Shelf Takedown in a like manner). 
 Section 3.3
Piggyback Registration. 
 Section 3.3.1 Participation. If the Company at any time proposes to file a Registration
Statement under the Securities Act or to conduct a Public Offering with respect to any offering of its equity securities for its own account or for the account of any other Persons (other than an Excluded Registration or a Registration pursuant to
Sections 3.1 or 3.2), then, as soon as practicable (but in no event less than five Business Days prior to the proposed date of filing of such Registration Statement or, in the case of any such Public Offering under a
Shelf Registration Statement, the anticipated pricing or trade date), the Company shall give written notice (a “Piggyback Notice”) of such proposed filing or Public Offering to all Holders, and such Piggyback Notice shall offer the
Holders the opportunity to register under such Registration Statement, or to sell in such Public Offering, such number of Registrable Securities as each such Holder may request in writing (a “Piggyback Registration”). Subject to
Section 3.3.2, the Company shall include in such Registration Statement or in such Public Offering as applicable, all such Registrable Securities that are requested to be included therein within five Business Days after the receipt by
such Holder of any such notice; provided, however, that if at any time after giving written notice of its intention to register or sell any securities and prior to the 

  
 13 

 
effective date of the Registration Statement filed in connection with such Registration, or the pricing or trade date of a Public Offering under a Shelf Registration Statement, the Company shall
determine for any reason not to register or sell or to delay Registration or the sale of such securities, the Company shall promptly give written notice of such determination to each Holder and, thereupon, (i) in the case of a determination not
to register or sell, the Company shall be relieved of its obligation to register or sell any Registrable Securities in connection with such Registration or Public Offering (but not from its obligation to pay the Registration Expenses in connection
therewith), without prejudice, however, to the rights of any Holders entitled to request that such Registration or sale be effected as a Demand Registration under Section 3.1 or an Underwritten Shelf Takedown under
Section 3.2, as the case may be, and (ii) in the case of a determination to delay Registration or sale, in the absence of a request for a Demand Registration or an Underwritten Shelf Takedown, as the case may be, the Company shall
be permitted to delay registering or selling any Registrable Securities, for the same period as the delay in registering or selling such other securities. If the offering pursuant to such Registration Statement or Public Offering is to be an
Underwritten Public Offering, then each Holder making a request for a Piggyback Registration pursuant to this Section 3.3.1 shall, and the Company shall, make such arrangements with the managing underwriter or underwriters so that each
such Holder may, participate in such underwritten offering. If the offering pursuant to such Registration Statement or Public Offering is to be on any other basis, then each Holder making a request for a Piggyback Registration pursuant to this
Section 3.3.1 shall be permitted to, and the Company shall, make such arrangements so that each such Holder may participate in such offering on such basis. Any Holder shall have the right to withdraw all or part of its request for
inclusion of its Registrable Securities in a Piggyback Registration by giving written notice to the Company of its request to withdraw; provided that such request must be made in writing prior to the execution of the related underwriting
agreement or the effectiveness of the Registration Statement, as applicable. 
 Section 3.3.2 Priority of Piggyback
Registration. If the managing underwriter or underwriters of any proposed offering of Registrable Securities included in a Piggyback Registration informs the Company and the participating Holders in writing that, in its or their opinion, the
number of securities that such Holders and any other Persons intend to include in such offering exceeds the number that can be sold in such offering without being likely to have a significant adverse effect on the price, timing or distribution of
the securities offered or the market for the securities offered, then the securities to be included in such Registration shall be (i) first, 100% of the securities that the Company proposes to sell and (ii) second, and only if all the
securities referred to in clause (i) have been included, the number of Registrable Securities that, in the opinion of such managing underwriter or underwriters, can be sold without having such adverse effect, with such number to be allocated
among the Holders that have requested to participate in such Registration based on an amount equal to the lesser of (A) the number of such Registrable Securities requested to be sold by such Holder, and (B) a number of such shares equal to
such Holder’s Pro Rata Portion, provided that with respect to GIC, if (x) the number of Registrable Securities requested to be registered by GIC exceeds GIC’s Pro Rata Portion and (y) the number of Registrable Securities
requested to be registered by the TPG Investor is less than the TPG Investor’s Pro Rata Portion, then with the consent of the TPG Investor (not to be unreasonably withheld), GIC shall be allocated an additional number of securities equal to the
less of the excess described in the preceding clause (x) and the excess described in the preceding clause (y), and (iii) third, and only if all of the Registrable Securities referred to in clause (ii) have been included in such
Registration, any other securities eligible for inclusion in such Registration. 

  
 14 

 Section 3.3.3 No Effect on Other Registrations. No Registration of Registrable
Securities effected pursuant to a request under this Section 3.3 shall be deemed to have been effected pursuant to Sections 3.1 and 3.2 or shall relieve the Company of its obligations under
Sections 3.1 and 3.2. 
 Section 3.4 Lock-Up
Agreements. In connection with each Registration or sale of Registrable Securities pursuant to Section 3.1, 3.2 or 3.3 conducted as an Underwritten Public Offering, if requested by the underwriters for such Underwritten
Public Offering and provided that a similar request is made in accordance with Section 3.6.1, each Holder shall enter into a lock-up agreement with such customary terms (which shall
be the same terms for all Holders) as are negotiated among the Company, the underwriters and the Principal Investors (or the TB Investor in connection with any such Registration or Underwritten Public Offering demanded by the TB Investor in which
neither the Intel Investor nor the TPG Investor participate), provided that in no event will GIC or its Affiliates be required to enter into a lock-up agreement on terms less favorable than the terms agreed to
by the TPG Investor pursuant to its lock-up agreement. The Company, the Principal Investors and the TB Investor, as applicable, agree to use commercially reasonable efforts to include in any such agreement a lock-up period beginning no earlier than seven days before, and ending no later than 90 days after, the date of the final prospectus in connection with such Registration or Underwritten Public Offering. 

Section 3.5 Registration Procedures. 

Section 3.5.1 Requirements. In connection with the Company’s obligations under Sections 3.1,
3.2 and 3.3, the Company shall use its commercially reasonable efforts to effect such Registration and to permit the sale of such Registrable Securities in accordance with the intended method or methods of distribution thereof as
expeditiously as reasonably practicable, and in connection therewith the Company shall: 
 (a) as promptly as is reasonably
practicable prepare and file the required Registration Statement, including all exhibits and financial statements required under the Securities Act to be filed therewith and Prospectus, and, before filing a Registration Statement or Prospectus or
any amendments or supplements thereto, (x) furnish to the underwriters, if any, and to the Holders of the Registrable Securities covered by such Registration Statement, copies of all documents prepared to be filed, which documents shall be
subject to the review of such underwriters and such Holders and their respective counsel, (y) subject to applicable law, make such changes in such documents concerning the Holders prior to the filing thereof as such Holders, or their counsel,
may reasonably request and (z) subject to applicable law, except in the case of a Registration under Section 3.3, not file any Registration Statement or Prospectus or amendments or supplements thereto to which any participating
Principal Investor (or the TB Investor if there is no participating Principal Investor), or the underwriters, if any, shall reasonably object; 

  
 15 

 (b) as promptly as is reasonably practicable prepare and file with the SEC
such amendments and post-effective amendments to such Registration Statement and supplements to the Prospectus as may be (x) reasonably requested by any Principal Investor (or the TB Investor if there is no participating Principal Investor)
with Registrable Securities covered by such Registration Statement, (y) reasonably requested by any participating Holder (to the extent such request relates to information relating to such Holder), or (z) necessary to keep such
Registration Statement effective for the period of time required by this Agreement, and comply with provisions of the applicable securities laws with respect to the sale or other disposition of all securities covered by such Registration Statement
during such period in accordance with the intended method or methods of disposition by the sellers thereof set forth in such Registration Statement; 

(c) notify the participating Holders and the managing underwriter or underwriters, if any, and (if requested) confirm such
notice in writing and provide copies of the relevant documents, as soon as reasonably practicable after notice thereof is received by the Company (v) when the applicable Registration Statement or any amendment thereto has been filed or becomes
effective, and when the applicable Prospectus or any amendment or supplement thereto has been filed, (w) of any written comments by the SEC, or any request by the SEC or other federal or state governmental authority for amendments or
supplements to such Registration Statement or such Prospectus, or for additional information (whether before or after the effective date of the Registration Statement) or any other correspondence with the SEC relating to, or which may affect, the
Registration, (x) of the issuance by the SEC of any stop order suspending the effectiveness of such Registration Statement or any order by the SEC or any other regulatory authority preventing or suspending the use of any preliminary or final
Prospectus or the initiation or threatening of any proceedings for such purposes, (y) if, at any time, the representations and warranties of the Company in any applicable underwriting agreement cease to be true and correct in all material
respects and (z) of the receipt by the Company of any notification with respect to the suspension of the qualification of the Registrable Securities for offering or sale in any jurisdiction or the initiation or threatening of any proceeding for
such purpose; 
 (d) promptly notify each selling Holder and the managing underwriter or underwriters, if any, when the
Company becomes aware of the happening of any event as a result of which the applicable Registration Statement or the Prospectus included in such Registration Statement (as then in effect) contains any untrue statement of a material fact or omits to
state a material fact necessary to make the statements therein (in the case of such Prospectus or any preliminary Prospectus, in light of the circumstances under which they were made) not misleading, when any Issuer Free Writing Prospectus includes
information that may conflict with the information contained in the Registration Statement, or, if for any other reason it shall be necessary during such time period to amend or supplement such Registration Statement or Prospectus in order to comply
with the Securities Act and, as promptly as reasonably practicable thereafter, prepare and file with the SEC, and furnish without charge to the selling Holders and the managing underwriter or underwriters, if any, an amendment or supplement to such
Registration Statement or Prospectus, which shall correct such misstatement or omission or effect such compliance; 

  
 16 

 (e) to the extent the Company is eligible under the relevant provisions of
Rule 430B under the Securities Act, if the Company files any Shelf Registration Statement, the Company shall include in such Shelf Registration Statement such disclosures as may be required by Rule 430B under the Securities Act (referring to the
unnamed selling security holders in a generic manner by identifying the initial offering of the securities to the Holders) in order to ensure that the Holders may be added to such Shelf Registration Statement at a later time through the filing of a
Prospectus supplement rather than a post-effective amendment; 
 (f) use its commercially reasonable efforts to prevent, or
obtain the withdrawal of, any stop order or other order or notice preventing or suspending the use of any preliminary or final Prospectus; 

(g) promptly incorporate in a Prospectus supplement, Issuer Free Writing Prospectus or post-effective amendment such
information as the managing underwriter or underwriters and the Holders of a majority of Registrable Securities being sold agree should be included therein relating to the plan of distribution with respect to such Registrable Securities; and make
all required filings of such Prospectus supplement, Issuer Free Writing Prospectus or post-effective amendment as soon as reasonably practicable after being notified of the matters to be incorporated in such Prospectus supplement, Issuer Free
Writing Prospectus or post-effective amendment; 
 (h) furnish to each selling Holder and each underwriter, if any, without
charge, as many conformed copies as such Holder or underwriter may reasonably request of the applicable Registration Statement and any amendment or post-effective amendment or supplement thereto, including financial statements and schedules, all
documents incorporated therein by reference and all exhibits (including those incorporated by reference); 
 (i) deliver to
each selling Holder and each underwriter, if any, without charge, as many copies of the applicable Prospectus (including each preliminary Prospectus) and any amendment or supplement thereto and such other documents as such Holder or underwriter may
reasonably request in order to facilitate the disposition of the Registrable Securities by such Holder or underwriter (it being understood that the Company shall consent to the use of such Prospectus or any amendment or supplement thereto by each of
the selling Holders and the underwriters, if any, in connection with the offering and sale of the Registrable Securities covered by such Prospectus or any amendment or supplement thereto); 

(j) on or prior to the date on which the applicable Registration Statement becomes effective, use its commercially reasonable
efforts to register or qualify, and cooperate with the selling Holders, the managing underwriter or underwriters, if any, and their respective counsel, in connection with the Registration or qualification of such Registrable Securities for offer and
sale under the securities or “Blue Sky” laws of each state and other jurisdiction as any such selling Holder or managing underwriter or underwriters, if any, or their respective counsel reasonably request in writing and do any and all
other acts or things reasonably necessary or 

  
 17 

 
advisable to keep such Registration or qualification in effect for such period as required by Section 3.1 or Section 3.2, as applicable; provided that the Company
shall not be required to qualify generally to do business in any jurisdiction where it is not then so qualified or to take any action which would subject it to taxation or general service of process in any such jurisdiction where it is not then so
subject; 
 (k) cooperate with the selling Holders and the managing underwriter or underwriters, if any, to enable such
Registrable Securities to be in such denominations and registered in such names as the managing underwriters may request prior to any sale of Registrable Securities to the underwriters; 

(l) use its commercially reasonable efforts to cause the Registrable Securities covered by the applicable Registration
Statement to be registered with or approved by such other governmental agencies or authorities as may be necessary to enable the seller or sellers thereof or the underwriter or underwriters, if any, to consummate the disposition of such Registrable
Securities; 
 (m) not later than the effective date of the applicable Registration Statement, provide a CUSIP number for all
Registrable Securities if other than the CUSIP for the publicly traded Class A Common Stock and if one has then been assigned; 

(n) make such representations and warranties to the Holders of Registrable Securities being registered, and the underwriters or
agents, if any, in form, substance and scope as are customarily made by issuers in public offerings similar to the offering then being undertaken; 

(o) enter into such customary agreements (including underwriting and indemnification agreements) and take all such other
actions as any participating Principal Investor (or the TB Investor if there is no participating Principal Investor) or the managing underwriter or underwriters, if any, reasonably request in order to expedite or facilitate the Registration and
disposition of such Registrable Securities; 
 (p) obtain for delivery to the underwriter or underwriters, if any, an opinion
or opinions from counsel for the Company dated the most recent effective date of the Registration Statement or, in the event of an Underwritten Public Offering, the date of the closing under the underwriting agreement, in customary form, scope and
substance, which opinions shall be reasonably satisfactory to the underwriter or underwriters and its or their counsel; 

(q) in the case of an Underwritten Public Offering, obtain for delivery to the Company and the managing underwriter or
underwriters, with copies to the Holders included in such Registration or sale, a comfort letter from the Company’s independent certified public accountants or independent auditors (and, if necessary, any other independent certified public
accountants or independent auditors of any subsidiary of the Company or any business acquired by the Company for which financial statements and financial data are, or are required to be, included in the Registration Statement) in customary form and
covering such matters of the type customarily covered by comfort letters as the managing underwriter or underwriters reasonably request, dated the date of execution of the underwriting agreement and brought down to the closing under the underwriting
agreement; 

  
 18 

 (r) cooperate with each seller of Registrable Securities and each
underwriter, if any, participating in the disposition of such Registrable Securities and their respective counsel in connection with any filings required to be made with FINRA; 

(s) use its commercially reasonable efforts to comply with all applicable securities laws and, if a Registration Statement was
filed, make available, including through the SEC’s EDGAR filing system or any successor system, to its security holders, as soon as reasonably practicable, an earnings statement satisfying the provisions of Section 11(a) of the Securities
Act and the rules and regulations promulgated thereunder; 
 (t) provide and cause to be maintained a transfer agent and
registrar for all Registrable Securities covered by the applicable Registration Statement from and after a date not later than the effective date of such Registration Statement; 

(u) use its commercially reasonable efforts to cause all Class A Common Stock covered by the applicable Registration
Statement to be listed on the securities exchange on which the Company’s Class A Common Stock is then listed or quoted and on each inter-dealer quotation system on which the Company’s Class A Common Stock is then quoted; 

(v) make available upon reasonable notice at reasonable times and for reasonable periods for inspection by any representative
appointed by the participating Principal Investors (or the TB Investor if there is no participating Principal Investor), by any underwriter participating in any disposition to be effected pursuant to such Registration Statement or by any attorney,
accountant or other agent retained by such Holders or any such underwriter, all pertinent financial and other records and pertinent corporate documents and properties of the Company, and cause all of the Company’s officers, directors and
employees and the independent public accountants who have certified its financial statements to make themselves available to discuss the business of the Company and to supply all information reasonably requested by any such Person in connection with
such Registration Statement; 
 (w) in the case of an Underwritten Public Offering, cause the senior executive officers of
the Company to participate in the customary “road show” presentations that may be reasonably requested by the managing underwriter or underwriters in any such offering and otherwise to facilitate, cooperate with, and participate in each
proposed offering contemplated herein and customary selling efforts related thereto; 
 (x) take no direct or indirect action
prohibited by Regulation M under the Exchange Act; 

  
 19 

 (y) take all reasonable action to ensure that any Issuer Free Writing
Prospectus utilized in connection with any Registration complies in all material respects with the Securities Act, is filed in accordance with the Securities Act to the extent required thereby, is retained in accordance with the Securities Act to
the extent required thereby and, when taken together with the related Prospectus, will not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in light of the circumstances under
which they were made, not misleading; and 
 (z) take all such other reasonable actions as are necessary or advisable in
order to expedite or facilitate the disposition of such Registrable Securities in accordance with the terms of this Agreement. 

Section 3.5.2 Company Information Requests. The Company may require each seller of Registrable Securities as to which any
Registration or sale is being effected to furnish to the Company such information regarding the distribution of such securities and such other information relating to such Holder and its ownership of Registrable Securities as the Company may from
time to time reasonably request in writing and the Company may exclude from such Registration or sale the Registrable Securities of any such Holder who unreasonably fails to furnish such information within a reasonable time after receiving such
request. Each Holder agrees to furnish such information to the Company and to cooperate with the Company as reasonably necessary to enable the Company to comply with the provisions of this Agreement. 

Section 3.5.3 Discontinuing Registration. Each Holder agrees that, as promptly as possible after receipt of any notice from the
Company of the happening of any event of the kind described in Section 3.5.1(d), such Holder will forthwith discontinue disposition of Registrable Securities pursuant to such Registration Statement until such Holder’s
receipt of the copies of the supplemented or amended Prospectus contemplated by Section 3.5.1(d), or until such Holder is advised in writing by the Company that the use of the Prospectus may be resumed, and has received
copies of any additional or supplemental filings that are incorporated by reference in the Prospectus, or any amendments or supplements thereto, and if so directed by the Company, such Holder shall deliver to the Company (at the Company’s
expense) all copies, other than permanent file copies then in such Holder’s possession, of the Prospectus covering such Registrable Securities current at the time of receipt of such notice. In the event the Company shall give any such notice,
the period during which the applicable Registration Statement is required to be maintained effective shall be extended by the number of days during the period from and including the date of the giving of such notice to and including the date when
each seller of Registrable Securities covered by such Registration Statement either receives the copies of the supplemented or amended Prospectus contemplated by Section 3.5.1(d) or is advised in writing by the Company that
the use of the Prospectus may be resumed. 
 Section 3.6 Underwritten Offerings. 

Section 3.6.1 Shelf and Demand Registrations. If requested by the underwriters for any Underwritten Public Offering, pursuant to a
Registration or sale under Section 3.1 or 3.2, the Company shall enter into an underwriting agreement with such underwriters, such agreement to be reasonably satisfactory in substance and form to each of the Company, each
Principal 

  
 20 

 
Investor seeking to participate in such offering and the underwriters, and containing a requirement to obtain lock-up agreements from directors and
executive officers of the Company and such other terms as are generally prevailing in agreements of that type. The Holders of the Registrable Securities proposed to be distributed by such underwriters shall cooperate with the Company in the
negotiation of the underwriting agreement and shall give consideration to the reasonable suggestions of the Company regarding the form thereof. Such Holders shall be parties to such underwriting agreement, which shall contain such agreements on the
part of the Company to and for the benefit of such Holders as are customarily made by issuers to selling stockholders in public offerings similar to the applicable offering. Any such Holder shall be required to make representations and warranties
and other agreements, deliver an opinion or opinions from its counsel and provide indemnities, in each case as are customarily made by selling stockholders in secondary public offerings. 

Section 3.6.2 Piggyback Registrations. If the Company proposes to register or sell any of its securities under the Securities Act
as contemplated by Section 3.3 and such securities are to be distributed through one or more underwriters, the Company shall, if requested by any Holder pursuant to Section 3.3 and, subject to the provisions of
Section 3.3.2, use its commercially reasonable efforts to arrange for such underwriters to include on the same terms and conditions that apply to the other sellers in such Registration or sale all the Registrable Securities to be offered
and sold by such Holder among the securities of the Company to be distributed by such underwriters in such Registration or sale. The Holders of Registrable Securities to be distributed by such underwriters shall be parties to the underwriting
agreement between the Company and such underwriters, which underwriting agreement shall contain such representations and warranties by, and the other agreements on the part of, the Company to and for the benefit of such Holders as are customarily
made by issuers to selling stockholders in secondary public offerings. Any such Holder shall be required to make representations and warranties and other agreements, deliver an opinion or opinions from its counsel and provide indemnities, in each
case as are customarily made by selling stockholders in secondary public offerings. 
 Section 3.6.3 Participation in Underwritten
Registrations. Subject to the provisions of Section 3.6.1 and Section 3.6.2 above, no Person may participate in any Underwritten Public Offering hereunder unless such Person (i) agrees to sell such Person’s
securities on the basis provided in any underwriting arrangements approved by the Persons entitled to approve such arrangements and (ii) completes and executes all questionnaires, powers of attorney, indemnities, underwriting agreements and
other documents required under the terms of such underwriting arrangements; provided that any such Holder shall not be required to make any representations or warranties to or agreements with the Company other than representations, warranties
or agreements regarding such Holder, such Holder’s title to the Registrable Securities, such Holder’s intended method of distribution and any other representations to be made by the Holder as are generally prevailing in agreements of that
type, and the aggregate amount of the liability of such Holder shall not exceed such Holder’s proceeds from the sale of its Registrable Securities in the offering, net of underwriting discounts and commissions but before expenses. 

Section 3.6.4 Selection of Underwriters. In the case of an Underwritten Public Offering under Section 3.1 or
3.2, the managing underwriter or underwriters to administer the offering shall be determined by the participating Principal Investors (or the TB Investor if there is no participating Principal Investor); provided that such managing
underwriter or underwriters shall be reasonably acceptable to the Company. 

  
 21 

 Section 3.7 No Inconsistent Agreements; Additional Rights. Neither the Company
nor any of its subsidiaries shall hereafter enter into, and neither the Company nor any of its subsidiaries is currently a party to, any agreement with respect to its securities that is inconsistent with the rights granted to the Holders by this
Agreement. Without Requisite Investor Approval, neither the Company nor any of its subsidiaries shall enter into any agreement granting registration or similar rights to any Person that are prior in right, pari passu or inconsistent with the rights
under this Agreement, and the Company hereby represents and warrants that, as of the date hereof, no registration or similar rights have been granted to any other Person other than pursuant to this Agreement. 

Section 3.8 Registration Expenses. All expenses incident to the Company’s performance of or compliance with this Agreement
shall be paid by the Company, including (i) all registration and filing fees, and any other fees and expenses associated with filings required to be made with the SEC or FINRA, (ii) all fees and expenses in connection with compliance with
any securities or “Blue Sky” laws (including reasonable fees and disbursements of counsel for the underwriters in connection with blue sky qualifications of the Registrable Securities), (iii) all printing, duplicating, word
processing, messenger, telephone, facsimile and delivery expenses of the Company (including expenses of printing certificates for the Registrable Securities in a form eligible for deposit with The Depository Trust Company and of printing
Prospectuses), (iv) all fees and disbursements of counsel for the Company and of all independent certified public accountants or independent auditors of the Company and any subsidiaries of the Company (including the expenses of any special
audit and comfort letters required by or incident to such performance), (v) Securities Act liability insurance or similar insurance if the Company so desires, (vi) all fees and expenses incurred in connection with the listing of the
Registrable Securities on any securities exchange or quotation of the Registrable Securities on any inter-dealer quotation system, (vii) all applicable rating agency fees with respect to the Registrable Securities, (viii) all reasonable
fees and disbursements, not to exceed $20,000 per Holder per Registration or Shelf Takedown Request, of counsel for the Intel Investor, the TPG Investor, the TB Investor and GIC, including all reasonable fees for an opinion from counsel to each such
participating Holder and any required local counsel opinions, provided that the aggregate amount payable by the Company over the term of this Agreement pursuant to this clause (viii) shall not exceed $1,000,000, (ix) all fees and expenses
of any special experts or other Persons retained by the Company in connection with any Registration or sale, (x) all of the Company’s internal expenses (including all salaries and expenses of its officers and employees performing legal or
accounting duties) and (xi) all expenses of the Company related to the “road-show” for any Underwritten Public Offering. All such expenses are referred to herein as “Registration Expenses.” The Company shall not be required
to pay any fees and disbursements to underwriters not customarily paid by the issuers of securities in an offering similar to the applicable offering, including underwriting discounts and commissions and transfer taxes, if any, attributable to the
sale of Registrable Securities, which shall be paid by the participating Holders in proportion to the number of Registrable Securities offered and sold by or on behalf of each such Holder. 

  
 22 

 Section 3.9 Indemnification. 

Section 3.9.1 Indemnification by the Company. The Company shall indemnify and hold harmless, to the full extent permitted by law,
each Holder, each shareholder, member, limited or general partner of such Holder, each shareholder, member, limited or general partner of each such shareholder, member, limited or general partner, each of their respective Affiliates, officers,
directors, shareholders, employees, advisors, and agents and each Person who controls (within the meaning of the Securities Act or the Exchange Act) such Persons and each of their respective Representatives from and against any and all losses,
penalties, judgments, suits, costs, claims, damages, liabilities and expenses, joint or several (including reasonable costs of investigation and legal expenses) (each, a “Loss” and collectively “Losses”) arising out
of or based upon (i) any untrue or alleged untrue statement of a material fact contained in any Registration Statement under which such Registrable Securities are registered or sold under the Securities Act (including any final, preliminary or
summary Prospectus contained therein or any amendment thereof or supplement thereto or any documents incorporated by reference therein) or any other disclosure document produced by or on behalf of the Company or any of its subsidiaries including any
report or other document filed under the Exchange Act, (ii) any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein (in the case of a Prospectus or preliminary
Prospectus, in light of the circumstances under which they were made) not misleading or (iii) any violation or alleged violation by the Company or any of its subsidiaries of any federal, state, foreign or common law rule or regulation
applicable to the Company or any of its subsidiaries and relating to action or inaction in connection with any such registration, disclosure document or other document or report; provided, that no selling Holder shall be entitled to
indemnification pursuant to this Section 3.9.1 in respect of any untrue statement or omission contained in any information relating to such seller Holder furnished in writing by such selling Holder to the Company specifically for
inclusion in a Registration Statement and used by the Company in conformity therewith (such information “Selling Stockholder Information”). This indemnity shall be in addition to any liability the Company may otherwise have. Such
indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of such Holder or any indemnified party and shall survive the Transfer of such securities by such Holder and regardless of any indemnity agreed to
in the underwriting agreement that is less favorable to the Holders. 
 Section 3.9.2 Indemnification by the Selling Holders.
Each selling Holder agrees (severally and not jointly) to indemnify and hold harmless, to the fullest extent permitted by law, the Company, its directors and officers and each Person who controls the Company (within the meaning of the Securities Act
or the Exchange Act) from and against any Losses resulting from (i) any untrue statement of a material fact in any Registration Statement under which such Registrable Securities were registered or sold under the Securities Act (including any
final, preliminary or summary Prospectus contained therein or any amendment thereof or supplement thereto or any documents incorporated by reference therein) or (ii) any omission to state therein a material fact required to be stated therein or
necessary to make the statements therein (in the case of a Prospectus or preliminary Prospectus, in light of the circumstances under which they were made) not misleading, in each case to the extent, but only to the extent, that such untrue statement
or omission is contained in such selling Holder’s Selling Stockholder Information. In no event shall the liability of any selling Holder hereunder be greater in amount than the dollar amount of the proceeds from the sale of its Registrable
Securities in the offering giving rise to such indemnification obligation, net of underwriting discounts and commissions but before expenses, less any amounts paid by such Holder pursuant to Section 3.9.4 and any amounts paid by such
Holder as a result of liabilities incurred under the underwriting agreement, if any, related to such sale. 

  
 23 

 Section 3.9.3 Conduct of Indemnification Proceedings. Any Person entitled to
indemnification hereunder shall (i) give prompt written notice to the indemnifying party of any claim with respect to which it seeks indemnification (provided that any delay or failure to so notify the indemnifying party shall relieve the
indemnifying party of its obligations hereunder only to the extent, if at all, that it forfeits substantive rights by reason of such delay or failure) and (ii) permit such indemnifying party to assume the defense of such claim with counsel
reasonably satisfactory to the indemnified party; provided, however, that any Person entitled to indemnification hereunder shall have the right to select and employ separate counsel and to participate in the defense of such claim, but
the fees and expenses of such counsel shall be at the expense of such Person unless (i) the indemnifying party has agreed in writing to pay such fees or expenses, (ii) the indemnifying party shall have failed to assume the defense of such
claim within a reasonable time after receipt of notice of such claim from the Person entitled to indemnification hereunder and employ counsel reasonably satisfactory to such Person, (iii) the indemnified party has reasonably concluded (based
upon advice of its counsel) that there may be legal defenses available to it or other indemnified parties that are different from or in addition to those available to the indemnifying party or (iv) in the reasonable judgment of any such Person
(based upon advice of its counsel) a conflict of interest may exist between such Person and the indemnifying party with respect to such claims (in which case, if the Person notifies the indemnifying party in writing that such Person elects to employ
separate counsel at the expense of the indemnifying party, the indemnifying party shall not have the right to assume the defense of such claim on behalf of such Person). If the indemnifying party assumes the defense, the indemnifying party shall not
have the right to settle such action without the prior written consent of the indemnified party. If such defense is not assumed by the indemnifying party, the indemnifying party will not be subject to any liability for any settlement made without
its prior written consent, but such consent may not be unreasonably withheld or delayed. Notwithstanding the foregoing, if at any time an indemnified party shall have requested that an indemnifying party reimburse the indemnified party for
reasonable fees and expenses of counsel as contemplated by this paragraph, the indemnifying party shall be liable for any settlement of any proceeding effected without its written consent if (i) such settlement is entered into in good faith
more than 60 days after receipt by the indemnifying party of such request and more than 30 days after receipt of the proposed terms of such settlement and (ii) the indemnifying party shall not have reimbursed the indemnified party in accordance
with such request prior to the date of such settlement. It is understood that the indemnifying party or parties shall not, except as specifically set forth in this Section 3.9.3, in connection with any proceeding or related proceedings
in the same jurisdiction, be liable for the reasonable fees, disbursements or other charges of more than one separate firm (in addition to any local counsel) at any one time unless (x) the employment of more than one counsel has been authorized
in writing by the indemnifying party or parties, (y) an indemnified party has reasonably concluded (based on the advice of counsel) that there may be legal defenses available to it that are different from or in addition to those available to
the other indemnified parties or (z) a conflict or potential conflict exists or may exist (based upon advice of counsel to an indemnified party) between such indemnified party and the other indemnified parties, in each of which cases the
indemnifying party shall be obligated to pay the reasonable fees and expenses of such additional counsel or counsels. 

  
 24 

 Section 3.9.4 Contribution. If for any reason the indemnification provided for
in Section 3.9.1 and Section 3.9.2 is unavailable to an indemnified party (other than as a result of exceptions contained in Section 3.9.1 and Section 3.9.2) or insufficient in respect of any Losses
referred to therein, then the indemnifying party shall contribute to the amount paid or payable by the indemnified party as a result of such Loss in such proportion as is appropriate to reflect the relative fault of the indemnifying party on the one
hand and the indemnified party or parties on the other hand in connection with the acts, statements or omissions that resulted in such Losses, as well as any other relevant equitable considerations. In connection with any Registration Statement
filed with the SEC by the Company, the relative fault of the indemnifying party on the one hand and the indemnified party on the other hand shall be determined by reference to, among other things, whether any untrue or alleged untrue statement of a
material fact or the omission or alleged omission to state a material fact relates to information supplied by the indemnifying party or by the indemnified party and the parties’ relative intent, knowledge, access to information and opportunity
to correct or prevent such statement or omission. The parties hereto agree that it would not be just or equitable if contribution pursuant to this Section 3.9.4 were determined by pro rata allocation or by any other method of allocation
that does not take account of the equitable considerations referred to in this Section 3.9.4. No Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to
contribution from any Person who was not guilty of such fraudulent misrepresentation. The amount paid or payable by an indemnified party as a result of the Losses referred to in Sections 3.9.1 and 3.9.2 shall be
deemed to include, subject to the limitations set forth above, any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim. If indemnification is available under
this Section 3.9, the indemnifying parties shall indemnify each indemnified party to the fullest extent provided in Sections 3.9.1 and 3.9.2 hereof without regard to the provisions of this
Section 3.9.4. The remedies provided for in this Section 3.9 are not exclusive and shall not limit any rights or remedies which may otherwise be available to any indemnified party at law or in equity. Notwithstanding the
provisions of this Section 3.9.4, in connection with any Registration Statement filed by the Company, a selling Holder shall not be required to contribute any amount in excess of the dollar amount of the proceeds from the sale of its
Registrable Securities in the offering giving rise to such indemnification obligation, net of underwriting discounts and commissions but before expenses, less any amounts paid by such Holder pursuant to Section 3.9.2 and any amounts paid
by such Holder as a result of liabilities incurred under the underwriting agreement, if any, related to such sale. 
 Section 3.9.5
Indemnification Priority. The Company hereby acknowledges and agrees that any of the Persons entitled to indemnification pursuant to Section 3.9.1 (each, a “Company Indemnitee” and collectively, the “
Company Indemnitees”) may have certain rights to indemnification, advancement of expenses and/or insurance provided by other sources. The Company hereby acknowledges and agrees (i) that it is the indemnitor of first resort (i.e.,
its obligations to a Company Indemnitee are primary and any obligation of such other sources to advance expenses or to provide indemnification for the same expenses or liabilities incurred by such Company Indemnitee are secondary) and (ii) that
it shall be required to advance the full amount of expenses incurred by a Company Indemnitee and shall be liable for the full amount of 

  
 25 

 
all expenses, judgments, penalties, fines and amounts paid in settlement to the extent legally permitted and as required by the terms of this Agreement without regard to any rights a Company
Indemnitee may have against such other sources. The Company further agrees that no advancement or payment by such other sources on behalf of a Company Indemnitee with respect to any claim for which such Company Indemnitee has sought indemnification,
advancement of expenses or insurance from the Company shall affect the foregoing, and that such other sources shall have a right of contribution and/or be subrogated to the extent of such advancement or payment to all of the rights of recovery of
such Company Indemnitee against the Company. 
 Section 3.10 Rules 144 and 144A and Regulation S. The Company shall file the
reports required to be filed by it under the Securities Act and the Exchange Act and the rules and regulations adopted by the SEC thereunder (or, if the Company is not required to file such reports, it will, upon the request of any Holder, make
publicly available such necessary information for so long as necessary to permit sales that would otherwise be permitted by this Agreement pursuant to Rule 144, Rule 144A or Regulation S under the Securities Act, as such rules may be amended from
time to time or any similar rule or regulation hereafter adopted by the SEC), and it will take such further action as any Holder may reasonably request, all to the extent required from time to time to enable such Holder to sell Registrable
Securities without Registration under the Securities Act in transactions that would otherwise be permitted by this Agreement and within the limitation of the exemptions provided by (i) Rule 144, Rule 144A or Regulation S under the Securities
Act, as such rules may be amended from time to time, or (ii) any similar rule or regulation hereafter adopted by the SEC. Upon the request of any Holder, the Company will deliver to such Holder a written statement as to whether it has complied
with such requirements and, if not, the specifics thereof. 
 Section 3.11 Existing Registration Statements. Notwithstanding
anything herein to the contrary and subject to applicable law and regulation, the Company may satisfy any obligation hereunder to file a Registration Statement or to have a Registration Statement become effective by a specified date by designating,
by notice to the Holders, a Registration Statement that previously has been filed with the SEC or become effective, as the case may be, as the relevant Registration Statement for purposes of satisfying such obligation, and all references to any such
obligation shall be construed accordingly; provided that such previously filed Registration Statement may be, and is, amended or, subject to applicable securities laws, supplemented to add the number of Registrable Securities, and, to the
extent necessary, to identify as selling stockholders those Holders demanding the filing of a Registration Statement pursuant to the terms of this Agreement. To the extent this Agreement refers to the filing or effectiveness of other Registration
Statements, by or at a specified time and the Company has, in lieu of then filing such Registration Statements or having such Registration Statements become effective, designated a previously filed or effective Registration Statement as the relevant
Registration Statement for such purposes, in accordance with the preceding sentence, such references shall be construed to refer to such designated Registration Statement, as amended or supplemented in the manner contemplated by the immediately
preceding sentence. 

  
 26 

 ARTICLE IV 

MISCELLANEOUS 

Section 4.1 Authority; Effect. Each party hereto represents and warrants to and agrees with each other party that the execution
and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized on behalf of such party and do not violate any agreement or other instrument applicable to such party or by which its assets are
bound. This Agreement does not, and shall not be construed to, give rise to the creation of a partnership among any of the parties hereto, or to constitute any of such parties members of a joint venture or other association. The Company and its
subsidiaries shall be jointly and severally liable for all obligations of the Company pursuant to this Agreement. 
 Section 4.2
Notices. Any notices, requests, demands and other communications required or permitted in this Agreement shall be effective if in writing and (i) delivered personally, (ii) sent by facsimile or
e-mail or (iii) sent by overnight courier, in each case, addressed as follows: 
 if to the
Company, to: 
 McAfee Corp. 

6220 America Center Drive 
 San
Jose, CA 95002 
 Attention: Sayed Darwish 

E-mail: Sayed_Darwish@McAfee.com 

with a copy (which shall not constitute notice) to: 

Ropes & Gray LLP 
 3
Embarcadero Center 
 San Francisco, California 94111 

Attention: Thomas Holden and Michael Roh 

Facsimile: (415) 315-4823 

E-mail: thomas.holden@ropesgray.com; michael.roh@ropesgray.com 

If to the TPG Investor, to: 
 TPG
Global, LLC 
 301 Commerce Street, Suite 3300 

Fort Worth, Texas 76102 

Attention: General Counsel, Julie Clayton and Jerry Neugebauer 

Facsimile: (415) 743-1501 

E-mail: officeofgeneralcounsel@tpg.com 

  
 27 

 with a copy (which shall not constitute notice) to: 

Ropes & Gray LLP 
 3
Embarcadero Center 
 San Francisco, California 94111 

Attention: Thomas Holden and Michael Roh 

Facsimile: (415) 315-4823 

E-mail: thomas.holden@ropesgray.com; michael.roh@ropesgray.com 

if to the Intel Investor, to: 

Intel Corporation 
 2200 Mission
College Boulevard 
 Santa Clara, California 95054 

Attention: Susie Giordano and Benjamin A. Olson 

Facsimile: (408) 653-9098 

E-mail: susie.giordano@intel.com and benjamin.a.olson@intel.com 

with a copy (which shall not constitute notice) to: 

Skadden, Arps, Slate, Meagher & Flom LLP 

525 University Avenue, Suite 1400 

Palo Alto, California 

Attention: Gregg Noel and Amr Razzak 

Facsimile: (213) 621-5234 

E-mail: gregg.noel@skadden.com and amr.razzak@skadden.com 

if to the TB Investor, to: 
 c/o
Thoma Bravo, L.P. 
 600 Montgomery Street, 20th Floor 

San Francisco, California 94111 

Attention: Seth Boro and Chip Virnig 

Facsimile: (415) 392-6480 

E-mail: sboro@thomabravo.com and cvirnig@thomabravo.com 

with a copy (which shall not constitute notice) to: 

Kirkland & Ellis LLP 

300 North LaSalle Drive 

Chicago, Illinois 60654 

Attention: Gerald T. Nowak, P.C., Corey D. Fox, P.C. and Bradley Reed 

Facsimile: (312) 862-2200 

E-mail: gerald.nowak@kirkland.com, corey.fox@kirkland.com and bradley.reed@kirkland.com 

  
 28 

 if to GIC, to: 

Snowlake Investment Pte Ltd 
  

168 Robinson Road #37-01 Capital Tower 

Singapore, 068912 
 Attention:
Jason Young, Sean Low Shien Ang, Matthew Lim 
 E-mail: jasonyoung@gic.com.sg 

with a copy (which shall not constitute notice) to: 

Sidley Austin LLP 
 787 7th Avenue 
 New York, New York 10019 

Attention: Asi Kirmayer 
 E-mail: akirmayer@sidley.com 
 if to CEO, to: 

McAfee Corp. 
  

6220 America Center Drive 
 San
Jose, CA 95002 
  
 Attention: Pete Leav 

E-mail: Peter_Leav@McAfee.com 
 Subject to the
foregoing, notice to the holder of record of any Registrable Securities shall be deemed to be notice to the holder of such securities for all purposes hereof. 

Unless otherwise specified herein, such notices or other communications shall be deemed effective (i) on the date received, if personally delivered,
(ii) on the date received if delivered by facsimile or e-mail on a Business Day, or if not delivered on a Business Day, on the first Business Day thereafter and (iii) one Business Day after being
sent by overnight courier. Each of the parties hereto shall be entitled to specify a different address by giving notice as aforesaid to each of the other parties hereto. 

Section 4.3 Termination and Effect of Termination. This Agreement shall terminate upon the date on which no Holder holds any
Registrable Securities, except for the provisions of Sections 3.9 and 3.10, which shall survive any such termination. No termination under this Agreement shall relieve any Person of liability for breach or
Registration Expenses incurred prior to termination. In the event this Agreement is terminated, each Person entitled to indemnification or contribution rights pursuant to Section 3.9 hereof shall retain such indemnification or
contribution rights with respect to any matter that (i) may be a liability subject to indemnification or contribution thereunder and (ii) occurred prior to such termination. 

Section 4.4 Permitted Transferees. The rights of a Holder hereunder may be assigned (but only with all related obligations as set
forth below) in connection with a Transfer of Registrable Securities to a Permitted Transferee of that Holder. Without prejudice to any other or similar conditions imposed hereunder with respect to any such Transfer, no assignment permitted under
the terms of this Section 4.4 will be effective unless the Permitted Transferee to which the assignment is being made, if not a Holder, has delivered to the Company a written acknowledgment and joinder agreement in form and substance
reasonably satisfactory to the Company that the Permitted Transferee will be bound by, and will be a party to, this Agreement (such written joinder agreement to include such Permitted Transferee’s contact information for the delivery of
notice). 

  
 29 

 Section 4.5 Remedies. The parties to this Agreement shall have all remedies
available at law, in equity or otherwise in the event of any breach or violation of this Agreement or any default hereunder. The parties acknowledge and agree that in the event of any breach of this Agreement, in addition to any other remedies that
may be available, each of the parties hereto shall be entitled to specific performance of the obligations of the other parties hereto and, in addition, to such other equitable remedies (including preliminary or temporary relief) as may be
appropriate in the circumstances. No delay of or omission in the exercise of any right, power or remedy accruing to any party as a result of any breach or default by any other party under this Agreement shall impair any such right, power or remedy,
nor shall it be construed as a waiver of or acquiescence in any such breach or default, or of any similar breach or default occurring later; nor shall any such delay, omission nor waiver of any single breach or default be deemed a waiver of any
other breach or default occurring before or after that waiver. 
 Section 4.6 Amendments. This Agreement may not be orally
amended, modified, extended or terminated, nor shall any oral waiver of any of its terms be effective. This Agreement may be amended, modified, extended or terminated, and the provisions hereof may be waived, only by an agreement in writing signed
by the Company and each of the Principal Investors that then holds Registrable Securities; provided, however, that any amendment, modification, extension or termination that (a) has a disproportionate and materially adverse effect
on any Holder shall require the prior written consent of such Holder and (b) creates a material new obligation of a Holder or further restricts in any material respect the ability of a Holder to Transfer its Shares shall require the prior
written consent of such Holder, other than any amendment or modification reasonably required to address a change in applicable law. In addition, each party hereto may waive any right hereunder by an instrument in writing signed by such party. 

Section 4.7 Governing Law. This Agreement and all claims arising out of or based upon this Agreement or relating to the subject
matter hereof shall be governed by and construed in accordance with the domestic substantive laws of the State of Delaware without giving effect to any choice or conflict of laws provision or rule that would cause the application of the domestic
substantive laws of any other jurisdiction. 
 Section 4.8 Consent to Jurisdiction. Each party to this Agreement, by its
execution hereof, (i) hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting in the State of Delaware for the purpose of any action, claim, cause of action or suit (in contract, tort or otherwise),
inquiry, proceeding or investigation arising out of or based upon this Agreement or relating to the subject matter hereof, (ii) hereby waives to the extent not prohibited by applicable law, and agrees not to assert, and agrees not to allow any
of its subsidiaries to assert, by way of motion, as a defense or otherwise, in any such action, any claim that it is not subject personally to the jurisdiction of the above-named courts, that its property is exempt or immune from attachment or
execution, that any such proceeding brought in one of the above-named courts is improper, or that this Agreement or the subject matter hereof or thereof may not be enforced in or by such court and (iii) hereby agrees not to commence or maintain
any action, claim, cause of action or suit (in contract, tort or otherwise), inquiry, proceeding or investigation 

  
 30 

 
arising out of or based upon this Agreement or relating to the subject matter hereof or thereof other than before one of the above-named courts nor to make any motion or take any other action
seeking or intending to cause the transfer or removal of any such action, claim, cause of action or suit (in contract, tort or otherwise), inquiry, proceeding or investigation to any court other than one of the above-named courts whether on the
grounds of inconvenient forum or otherwise. Notwithstanding the foregoing, to the extent that any party hereto is or becomes a party in any litigation in connection with which it may assert indemnification rights set forth in this Agreement, the
court in which such litigation is being heard shall be deemed to be included in clause (i) above. Notwithstanding the foregoing, any party to this Agreement may commence and maintain an action to enforce a judgment of any of the above-named
courts in any court of competent jurisdiction. Each party hereto hereby consents to service of process in any such proceeding in any manner permitted by Delaware law, and agrees that service of process by registered or certified mail, return receipt
requested, at its address specified pursuant to Section 4.2 hereof is reasonably calculated to give actual notice. 

Section 4.9 WAIVER OF JURY TRIAL. TO THE EXTENT NOT PROHIBITED BY APPLICABLE LAW WHICH CANNOT BE WAIVED, EACH PARTY HERETO HEREBY
WAIVES AND COVENANTS THAT IT WILL NOT ASSERT (WHETHER AS PLAINTIFF, DEFENDANT OR OTHERWISE) ANY RIGHT TO TRIAL BY JURY IN ANY FORUM IN RESPECT OF ANY ISSUE OR ACTION, CLAIM, CAUSE OF ACTION OR SUIT (IN CONTRACT, TORT OR OTHERWISE), INQUIRY,
PROCEEDING OR INVESTIGATION ARISING OUT OF OR BASED UPON THIS AGREEMENT OR THE SUBJECT MATTER HEREOF OR IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE TRANSACTIONS CONTEMPLATED HEREBY, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER
ARISING AND WHETHER IN CONTRACT, TORT OR OTHERWISE. EACH PARTY HERETO ACKNOWLEDGES THAT IT HAS BEEN INFORMED BY THE OTHER PARTIES HERETO THAT THIS SECTION 4.9 CONSTITUTES A MATERIAL INDUCEMENT UPON WHICH IT IS RELYING AND WILL RELY IN
ENTERING INTO THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED HEREBY. ANY PARTY HERETO MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS SECTION 4.9 WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF EACH SUCH PARTY TO THE WAIVER OF
ITS RIGHT TO TRIAL BY JURY. 
 Section 4.10 Merger; Binding Effect, Etc. This Agreement (along with the Stockholders Agreement,
the LLC Agreement and the Coordination Agreement) constitutes the entire agreement of the parties with respect to its subject matter, supersedes all prior or contemporaneous oral or written agreements or discussions with respect to such subject
matter, and shall be binding upon and inure to the benefit of the parties hereto and thereto and their respective heirs, representatives, successors and permitted assigns. Except as otherwise expressly provided herein, no Holder or other party
hereto may assign any of its respective rights or delegate any of its respective obligations under this Agreement without the prior written consent of the other parties hereto, and any attempted assignment or delegation in violation of the foregoing
shall be null and void. 

  
 31 

 Section 4.11 Counterparts; Electronic Signatures. This Agreement may be
executed in any number of separate counterparts each of which when so executed shall be deemed to be an original and all of which together shall constitute one and the same agreement. Counterpart signature pages to this Agreement may be delivered by
facsimile or electronic delivery (i.e., by e-mail of a PDF signature page) and each such counterpart signature page will constitute an original for all purposes. The Company and each Holder hereto hereby agree
that this Agreement may be executed by way of electronic signatures and that the electronic signature has the same binding effect as a physical signature. For the avoidance of doubt, the Company and each Holder further agree that this Agreement, or
any part hereof, shall not be denied legal effect, validity or enforceability solely on the ground that it is in the form of an electronic record. 

Section 4.12 Severability. In the event that any provision hereof would, under applicable law, be invalid, illegal or
unenforceable in any respect, such provision shall be construed by modifying or limiting it so as to be valid, legal and enforceable to the maximum extent compatible with, and possible under, applicable law. The provisions hereof are severable, and
in the event any provision hereof should be held invalid or unenforceable in any respect, it shall not invalidate, render unenforceable or otherwise affect any other provision hereof. 

Section 4.13 No Recourse. Notwithstanding anything that may be expressed or implied in this Agreement, the Company and each Holder
covenant, agree and acknowledge that no recourse under this Agreement or any documents or instruments delivered in connection with this Agreement shall be had against any current or future director, officer, employee, stockholder, general or limited
partner or member of any Holder or of any Affiliate or assignee thereof, as such, whether by the enforcement of any assessment or by any legal or equitable proceeding, or by virtue of any statute, regulation or other applicable law, it being
expressly agreed and acknowledged that no personal liability whatsoever shall attach to, be imposed on or otherwise be incurred by any current or future officer, agent or employee of any Holder or any current or future member of any Holder or any
current or future director, officer, employee, stockholder, partner or member of any Holder or of any Affiliate or assignee thereof, as such, for any obligation of any Holder under this Agreement or any documents or instruments delivered in
connection with this Agreement for any claim based on, in respect of or by reason of such obligations or their creation. 
 [Signature pages
follow] 

  
 32 

 IN WITNESS WHEREOF, each of the undersigned has duly executed this Agreement as of the date
first above written. 
  

			
	McAFEE CORP.
		
	By:	 	 /s/ Jared Ross

	Name:	 	 Jared Ross

	Title:	 	 Assistant Secretary

  
 [Signature Page to
Registration Rights Agreement] 

 
			
	INTEL AMERICAS, INC.
		
	By:	 	 /s/ Tiffany D. Silva

	Name:	 	Tiffany D. Silva
	Title:	 	Secretary and Director

  
 [Signature Page to
Registration Rights Agreement] 

 
			
	TPG INVESTOR
	
	TPG VII MANTA BLOCKER CO-INVEST I, L.P.
	
	By: TPG VII Manta GenPar, L.P., its general partner
	
	By: TPG VII Manta GenPar Advisors, LLC, its general partner
		
	By:	 	 /s/ Michael La Gatta___

		 	Name: Michael LaGatta
		 	Title:   Vice President
	
	TPG VII MANTA AIV I, L.P.
	
	By: TPG VII Manta GenPar, L.P., its general partner
	
	By: TPG VII Manta GenPar Advisors, LLC, its general partner
		
	By:	 	 /s/ Michael La Gatta___

		 	Name: Michael LaGatta
		 	Title:   Vice President

  
 [Signature Page to
Registration Rights Agreement] 

 pgss 

			
	TPG VII SIDE-BY-SIDE SEPARATE ACCOUNT I, L.P.
		
	By: 	 	TPG Genpar VII SBS SA I, L.P., its general partner
		
	By: 	 	TPG Genpar VII SBS SA I Advisors, LLC, its general partner
		
	By:	 	 /s/ Michael La Gatta___

		 	Name: Michael LaGatta
		 	Title:   Vice President
	
	TPG VII MANTA AIV CO-INVEST, L.P.
		
	By: 	 	TPG VII Manta GenPar, L.P., its general partner
		
	By: 	 	TPG VII Manta GenPar Advisors, LLC, its general partner
		
	By:	 	 /s/ Michael La Gatta___

		 	Name: Michael LaGatta
		 	Title:   Vice President
	
	TPG VII MANTA HOLDINGS II, L.P.
		
	By:	 	TPG VII Manta GenPar, L.P., its general partner
		
	By: 	 	TPG VII Manta GenPar Advisors, LLC, its general partner
		
	By:	 	 /s/ Michael La Gatta___

		 	Name: Michael LaGatta
		 	Title:   Vice President

  
 [Signature Page to
Registration Rights Agreement] 

 
			
	TB INVESTOR
	
	THOMA BRAVO FUND XII-A, L.P.
	
	By: Thoma Bravo Partners XII, L.P.
	Its: General Partner
	
	By: Thoma Bravo UGP XII, LLC
	Its: General Partner
	
	By: Thoma Bravo UGP, LLC
	Its: Managing Member
		
	By:	 	 /s/ Seth Boro

	Name: Seth Boro
	Title:   Managing Partner
	
	THOMA BRAVO FUND XII AIV, L.P.
		
	By:	 	Thoma Bravo Partners XII AIV, L.P.
	Its: General Partner
		
	By:	 	Thoma Bravo UGP XII, LLC
	Its: General Partner
	
	By: Thoma Bravo UGP, LLC
	Its: Managing Member
		
	By:	 	 /s/ Seth Boro

	Name: Seth Boro
	Title:   Managing Partner

  
 [Signature Page to
Registration Rights Agreement] 

			
	THOMA BRAVO PARTNERS XII AIV, L.P.
	
	By: Thoma Bravo UGP XII, LLC
	Its: General Partner
	
	By: Thoma Bravo UGP, LLC
	Its: Managing Member
		
	By:	 	 /s/ Seth Boro

	Name: Seth Boro
	Title:   Managing Partner
	
	THOMA BRAVO EXECUTIVE FUND XII AIV, L.P.
	
	By: Thoma Bravo Partners XII AIV, L.P.
	Its: General Partner
	
	By: Thoma Bravo UGP XII, LLC
	Its: General Partner
	
	By: Thoma Bravo UGP, LLC
	Its: Managing Member
		
	By:	 	 /s/ Seth Boro

	Name: Seth Boro
	Title:   Managing Partner

  
 [Signature Page to
Registration Rights Agreement] 

			
	THOMA BRAVO EXECUTIVE FUND XII-A AIV, L.P.
	
	By: Thoma Bravo Partners XII AIV, L.P.
	Its: General Partner
	
	By: Thoma Bravo UGP XII, LLC
	Its: General Partner
	
	By: Thoma Bravo UGP, LLC
	Its: Managing Member
		
	By:	 	 /s/ Seth Boro

	Name: Seth Boro
	Title:   Managing Partner

  
 [Signature Page to
Registration Rights Agreement] 

 
			
	Snowlake Investment Pte Ltd
		
		 	
	By:	 	 /s/ Jason Young

	Name:	 	Jason Young
	Title:	 	Authorized Signatory

  
 [Signature Page to
Registration Rights Agreement] 

 
			
	By:	 	 /s/ Peter Leav

	Name:	 	Peter Leav
	Title:	 	Chief Executive Officer

  
 [Signature Page to
Registration Rights Agreement]EX-10.4

 Exhibit 10.4 
  

 
 STOCKHOLDERS AGREEMENT 

BY AND AMONG 
 McAFEE
CORP. 
 AND 
 THE
STOCKHOLDERS PARTY HERETO 
 DATED AS OF October 21, 2020 

 
  
  

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
		
	 ARTICLE I DEFINITIONS
	  	 	2	 
			
	 Section 1.1.
	 	Definitions	  	 	2	 
			
	 Section 1.2.
	 	Other Interpretive Provisions	  	 	6	 
		
	 ARTICLE II REPRESENTATIONS AND WARRANTIES
	  	 	6	 
			
	 Section 2.1.
	 	Existence; Authority; Enforceability	  	 	6	 
			
	 Section 2.2.
	 	Absence of Conflicts	  	 	7	 
			
	 Section 2.3.
	 	Consents	  	 	7	 
		
	 ARTICLE III GOVERNANCE
	  	 	7	 
			
	 Section 3.1.
	 	The Board	  	 	7	 
			
	 Section 3.2.
	 	Voting Agreement	  	 	11	 
		
	 ARTICLE IV GENERAL PROVISIONS
	  	 	11	 
			
	 Section 4.1.
	 	Company Charter and Company Bylaws	  	 	11	 
			
	 Section 4.2.
	 	Freedom to Pursue Opportunities	  	 	11	 
			
	 Section 4.3.
	 	Assignment; Benefit	  	 	11	 
			
	 Section 4.4.
	 	Restrictions on Business Combination Transactions	  	 	11	 
			
	 Section 4.5.
	 	Standstill	  	 	12	 
			
	 Section 4.6.
	 	Termination	  	 	13	 
			
	 Section 4.7.
	 	Severability	  	 	13	 
			
	 Section 4.8.
	 	Entire Agreement; Amendment	  	 	13	 
			
	 Section 4.9.
	 	Counterparts	  	 	14	 
			
	 Section 4.10.
	 	Notices	  	 	14	 
			
	 Section 4.11.
	 	Governing Law	  	 	16	 
			
	 Section 4.12.
	 	Consent to Jurisdiction	  	 	16	 
			
	 Section 4.13.
	 	Waiver of Jury Trial	  	 	17	 
			
	 Section 4.14.
	 	Remedies	  	 	17	 
			
	 Section 4.15.
	 	Subsequent Acquisition of Shares	  	 	18	 
			
	 Section 4.16.
	 	Restrictions on Transfer or Issuance of Class B Common Stock	  	 	18	 
			
	 Section 4.17.
	 	No Recourse	  	 	19	 
			
	 Section 4.18.
	 	Effectiveness	  	 	19	 

 This STOCKHOLDERS AGREEMENT (as it may be amended from time to time in accordance with the
terms hereof, this “Agreement”), dated as of October 21, 2020, is made by and among: 
 a. McAfee Corp., a Delaware
corporation (the “Company”); 
 b. Intel Americas, Inc., a Delaware corporation (“Intel” and, collectively
with its Permitted Transferees that are Affiliates, the “Intel Investor”); 
 c. VII Manta Blocker Co-Invest I, L.P., a
Delaware limited partnership (“TPG Co-Invest I”), TPG VII Manta AIV I, L.P., a Delaware limited partnership (“TPG AIV I”), TPG VII Side-by-Side Separate Account I, L.P. (“TPG Side-by-Side”), TPG VII
Manta AIV Co-Invest, L.P., a Delaware limited partnership (“TPG Manta AIV Co-Invest”) and TPG VII Manta Holdings II, L.P., a Delaware limited partnership (“TPG Manta Holdings II”, and, together with TPG Co-Invest I,
TPG AIV I, TPG Side-by-Side, and TPG Manta AIV Co-Invest, “TPG” or the “TPG Investor”); 
 d. Thoma Bravo
Partners XII AIV, L.P. (“TB Partners XII”), Thoma Bravo Fund XII-A AIV, L.P. (“TB XII-A”), Thoma Bravo Fund XII AIV, L.P. (“TB XII”), Thoma Executive Fund XII AIV, L.P. (“TB Executive
XII”), and Thoma Bravo Executive Fund XII-a AIV, L.P. (“TB Executive XII-a” and, together with TB Partners XII, TB XII-A, TB XII, and TB Executive XII, the “TB” or the “TB Investor”); 

e. Snowlake Investment Pte Ltd. (“Snowlake” and, together with its Permitted Transferees that are Affiliates,
“GIC”); and 
 f. such other Persons who from time to time become party hereto by executing a counterpart signature page
hereof and are designated by the Board (as defined below) as “Other Stockholders” (the “Other Stockholders” and, together with Intel, the TPG Investor, the TB Investor and GIC, the “Stockholders”). 

RECITALS 
 WHEREAS, on the
date hereof, the Company has priced an initial public offering (the “IPO”) of shares of its Class A common stock, par value $0.001 per share (the “Class A Common Stock”), pursuant to an
Underwriting Agreement dated as of the date hereof; 
 WHEREAS, in connection with the IPO (a) the amended and restated limited
liability company agreement (the “Operating Agreement”) of Foundation Technology Worldwide LLC (“FTW”) will be further amended and restated, with the Company becoming FTW’s sole managing member and
(b) pursuant to a series of exchanges and contributions, the Company will issue shares of Class A Common Stock and shares of Class B common stock, par value $0.001 per share (the “Class B Common
Stock” and, together with the Class A Common Stock, the “Common Stock”), to certain of FTW’s pre-IPO unit holders; 

WHEREAS, after the completion of the IPO, the Class A Units of FTW (the “LLC Units”), together with shares of
Class B Common Stock will, subject to certain restrictions, be exchangeable from time to time at the option of the holder thereof for shares of Class A Common Stock, pursuant to the Operating Agreement; and 

 WHEREAS, the parties hereto desire to provide for certain governance rights and other
matters, and to set forth the respective rights and obligations of the Stockholders following the IPO. 
 NOW, THEREFORE, in consideration
of the foregoing and the mutual promises, covenants and agreements of the parties hereto, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 

ARTICLE I 
 DEFINITIONS

 Section 1.1. Definitions. As used in this Agreement, the following terms shall have the following meanings: 

“Affiliate” means, with respect to any specified Person, (a) any other Person that directly or indirectly through one or
more intermediaries controls or is controlled by or is under common control with such specified Person, (b) any Person who is a general partner, managing member, managing director, manager, officer, director or principal of such specified
Person or (c) in the event that the specified Person is a natural Person, a Member of the Immediate Family of such Person; provided that the Company and each Subsidiary of the Company shall be deemed not to be an Affiliate of any Principal
Stockholder, any Person that controls such Principal Stockholder or any Person with whom the Company or any such Subsidiary would otherwise be Affiliated through Affiliation with such Principal Stockholder or any Person that controls such Principal
Stockholder. “Affiliated” and “Affiliation” shall have correlative meanings. As used in this definition, the term “control” means the possession, directly or indirectly, of the power to direct or cause the direction of
the management and policies of a Person, whether through ownership of voting securities, by contract or otherwise. 

“Board” means the board of directors of the Company. 

“Business Day” means any day that is not a Saturday, a Sunday or other day on which banks are by law closed in the City of
New York. 
 “Business Combination Transaction” has the meaning set forth in Section 4.4. 

“Chief Executive Officer” means the chief executive officer of the Company then in office. 

“Class A Common Stock” has the meaning set forth in the Recitals. 

“Class B Common Stock” has the meaning set forth in the Recitals. 

“Closing” means the closing of the IPO. 

“Common Stock” has the meaning set forth in the Recitals. 

  
 -2- 

 “Company” has the meaning set forth in the Preamble. 

“Company Bylaws” means the bylaws of the Company in effect on the date hereof, as may be amended from time to time. 

“Company Charter” means the certificate of incorporation of the Company in effect on the date hereof, as may be amended from
time to time. 
 “Company Shares” means (a) all shares of Common Stock that are not then subject to vesting (including
shares that were at one time subject to vesting to the extent they have vested), (b) all shares of Common Stock issuable upon exercise, conversion or exchange of any option, warrant or convertible or other security that are directly or indirectly
convertible into or exchangeable or exercisable for shares of Common Stock and are not then subject to vesting (including options, warrants and convertible or other securities that were at one time subject to vesting to the extent they have vested)
(without double counting shares of Class A Common Stock issuable upon an exchange of shares of Class B Common Stock together with LLC Units) and (c) all shares of Common Stock directly or indirectly issued or issuable with respect to
the securities referred to in clause (a) or (b) above by way of unit or stock dividend or unit or stock split, or in connection with a combination of units or shares, recapitalization, merger, consolidation or other reorganization. 

“Coordination Agreement” means the Coordination Agreement by and among certain stockholders of the Company, dated as of the
date hereof, as such agreement may be amended from time to time. 
 “Exchange Act” means the Securities Exchange Act of
1934, as amended, and any successor thereto, and any rules and regulations promulgated thereunder, all as the same shall be in effect from time to time. 

“FTW” has the meaning set forth in the Recitals. 

“Fund Indemnitors” has the meaning set forth in Section 3.1(j). 

“Independent Director” means a director of the Company who (a) qualifies as independent for purposes of serving on the
Board under the rules of the Nasdaq Global Market (the “Exchange”) and (b) satisfies the independence criteria set forth in Rule 10A-3 under the Exchange Act. 

“Indemnitee” has the meaning set forth in Section 3.1(j). 

“Intel” or “The Intel Investor” has the meaning set forth in the Preamble. 

“Intel Designee” has the meaning set forth in Section 3.1(c). 

“Intel Director” has the meaning set forth in Section 3.1(a). 

“Intel Group” means Intel Corporation, a Delaware corporation, and its controlled Affiliates. 

  
 -3- 

 “IPO” has the meaning set forth in the Recitals. 

“LLC Units” has the meaning set forth in the Recitals. 

“Member of the Immediate Family” means, with respect to an individual, (a) each parent, spouse (but not including a
former spouse or a spouse from whom such individual is legally separated) or child (including those adopted) of such individual and (b) each trustee, solely in his or her capacity as trustee and so long as such trustee is reasonably
satisfactory to the Company, for a trust naming only one or more of the Persons listed in sub-clause (a) as beneficiaries. 

“Necessary Action” means, with respect to a specified result, all actions reasonably necessary to cause such result through
the exercise of rights attaching to Common Stock or LLC Units then held by a Stockholder, including (i) voting or providing a written consent or proxy with respect to the Company Shares, including in respect of the adoption of
stockholders’ resolutions and amendments to the organizational documents of the Company, and (ii) executing written consents in respect thereof. 

“Operating Agreement” has the meaning set forth in the Recitals. 

“Other Stockholders” has the meaning set forth in the Recitals. 

“Permitted Transferees” means, with respect to any Stockholder, (i) such Persons as each Principal Stockholder then
party to this Agreement approves in writing and (ii) any Affiliate of such Stockholder. 
 “Person” means any
individual, partnership, limited liability company, corporation, trust, association, estate, unincorporated organization or government or any agency or political subdivision thereof. 

“Principal Stockholder” means each of Intel and TPG. 

“Purported Owner” has the meaning set forth in Section 4.17(b). 

“Representative” means, with respect to any Person, any director, manager, officer, employee, agent, consultant, advisor, or
other representative of such Person, including legal counsel, accountants, and financial advisors. 
 “Restricted Shares”
has the meaning set forth in Section 4.17(b). 
 “Restrictions” has the meaning set forth in Section 4.17(b).

 “SEC” means the U.S. Securities and Exchange Commission. 

“Share Exchange” means a share exchange involving more than 50% of the shares of the Common Stock; provided that a redemption
or exchange of Class B Common Stock (together with LLC Units) for Class A Common Stock effected in accordance with Article IX of the Operating Agreement shall not constitute a “Share Exchange” for purposes of this Agreement. 

  
 -4- 

 “Stockholder” has the meaning set forth in the Preamble. 

“Subsidiary” means, with respect to any Person, any corporation, limited liability company, partnership, association,
business entity or other non-corporate business enterprise of which (a) if a corporation, a majority of the total voting power of shares of stock or other ownership interests of such entity entitled
(without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof is at the time owned or controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of such
Person or a combination thereof, or (b) if a limited liability company, partnership, association or other business entity (other than a corporation) or other non-corporate business enterprise, a majority
of limited liability company, partnership or other similar ownership interests of such entity is at the time owned or controlled, directly or indirectly, by that Person or one or more Subsidiaries of such Person or a combination thereof. For
purposes hereof, a Person or Persons shall be deemed to have a majority ownership interest in a limited liability company, partnership, association, other business entity (other than a corporation) or other
non-corporate business enterprise if such Person or Persons shall be allocated a majority of limited liability company, partnership, association or other business entity or other
non-corporate business enterprise gains or losses or shall be or control any managing director, general partner or board of managers of such limited liability company, partnership, association, other business
entity or other non-corporate business enterprise. For purposes hereof, references to a “Subsidiary” of any Person shall be given effect only at such times that such Person has one or more
Subsidiaries. 
 “Tax Receivable Agreement” means that certain tax receivable agreement, by and among McAfee Corp., the
Corporate Subsidiaries, Foundation Technology Worldwide, LLC, McAfee Finance 2, LLC, McAfee, LLC, each of the Exchange TRA Parties from time to time party thereto, each of the Reorganization TRA Parties from time to time party thereto, the TPG
Nominee (as defined therein), and the Intel Nominee (as defined therein), dated as of the date hereof, as such agreement may be amended from time to time. 

“TB Partners XII” has the meaning set forth in the Preamble. 

“TB XII-A” has the meaning set forth in the Preamble. 

“TB XII” has the meaning set forth in the Preamble. 

“TB Executive XII” has the meaning set forth in the Preamble. 

“TB Executive XII-a” has the meaning set forth in the Preamble. 

“TPG” or “TPG Investor” has the meaning set forth in the Preamble. 

“TPG AIV Co-Invest I” has the meaning set forth in the Preamble. 

“TPG AIV I” has the meaning set forth in the Preamble. 

“TPG Side-by-Side” has the meaning set forth in the Preamble. 

“TPG Designee” has the meaning set forth in Section 3.1(b). 

“Director” has the meaning set forth in Section 3.1(a). 

“TPG Group” means, collectively, the TPG Investor, GIC and any Permitted Transferee of TPG who agrees to the provisions of
Section 3.2 hereof. 

  
 -5- 

 “TPG Holdings” has the meaning set forth in the Preamble. 

“Transfer” means, when used as a noun, any direct or indirect, sale, disposition, hypothecation, mortgage, gift, pledge,
assignment, attachment, or any other transfer or disposition (including the creation of any derivative or synthetic interest, including a participation or other similar interest or any lien or encumbrance) and, when used as a verb (whether in
fulfillment of contractual obligation or otherwise) to directly or indirectly sell, dispose, hypothecate, mortgage, gift, pledge, assign, attach, or otherwise transfer (including by creating any derivative or synthetic interest or any lien or
encumbrance) or any other similar participation or interest, in case used as a noun or a verb, whether voluntary or involuntary, by operation of Law or otherwise; and “Transferred,” “Transferee” and “Transferor” shall
each have a correlative meaning. 
 “Transfer Agent” has the meaning set forth in Section 4.17(b). 

Section 1.2. Other Interpretive Provisions. 

(a) The meanings of defined terms are equally applicable to the singular and plural forms of the defined terms. 

(b) The words “hereof,” “herein,” “hereunder” and similar words refer to this Agreement as a
whole and not to any particular provision of this Agreement; and any subsection and section references are to this Agreement unless otherwise specified. 

(c) The terms “include” and “including” are not limiting and shall be deemed to be followed by the phrase
“without limitation.” 
 (d) The captions and headings of this Agreement are for convenience of reference only and shall not
affect the interpretation of this Agreement. 
 (e) Whenever the context requires, any pronouns used herein shall include the corresponding
masculine, feminine or neuter forms. 
 ARTICLE II 

REPRESENTATIONS AND WARRANTIES 

Each of the parties to this Agreement hereby represents and warrants, severally and not jointly (and solely as to itself), to each other party
to this Agreement that as of the date such party executes this Agreement: 
 Section 2.1. Existence; Authority; Enforceability.
Such party has the necessary power and authority to enter into this Agreement and to perform its obligations hereunder. Such party is duly organized and validly existing under the laws of its jurisdiction of organization, and the execution of this
Agreement, and the performance of its obligations hereunder, have been authorized by all necessary action on the part of its board of directors (or equivalent) and shareholders (or other holders of equity interests), if required, and no other act or
proceeding on its part is necessary to authorize the execution of this Agreement or the performance of its 

  
 -6- 

 
obligations hereunder. This Agreement has been duly executed by such party and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms, subject to
the effect of any laws relating to bankruptcy, reorganization, insolvency, moratorium, fraudulent conveyance or preferential transfers, or similar laws relating to or affecting creditors’ rights generally and subject, as to enforceability, to
the effect of general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law). 

Section 2.2. Absence of Conflicts. The execution and delivery by such party of this Agreement and the performance of its
obligations hereunder does not and will not (a) conflict with, or result in the breach of, any provision of the constitutive documents of such party, (b) result in any material violation, breach, conflict, default or an event of default
(or an event which with notice, lapse of time, or both, would constitute a default or an event of default), or give rise to any right of acceleration or termination or any additional material payment obligation, under the terms of any material
contract, agreement or permit to which such party is a party or by which such party’s assets or operations are bound or affected, or (c) violate any law applicable to such party, except, in the case of each of (b) and (c) with respect
to the Stockholders, for any such violation, breach, conflict or default that would not impair in any material respect the ability of such Stockholder to perform its respective obligations hereunder. 

Section 2.3. Consents. Other than as expressly required herein or any consents which have already been obtained, no material
consent, waiver, approval, authorization, exemption, registration, license, permit or declaration is required to be made or obtained by such party in connection with the execution, delivery or performance of this Agreement by such party. 

ARTICLE III 
 GOVERNANCE

 Section 3.1. The Board. 

(a) Composition of Initial Board. Prior to Closing, the Company and the Stockholders shall take all Necessary Action within their
control to cause the Board to be comprised of seven (7) directors, (i) two (2) of whom shall be designated by TPG (each, a “TPG Director”); (ii) one (1) of whom shall be designated by Intel (an “Intel
Director”), (iii) one (1) of whom shall be the Chief Executive Officer; and (iv) three (3) of whom shall be individuals designated by TPG, each of whom must qualify as an Independent Director of the Company (each, a “TPG
Unaffiliated Director”). Further, subject to Section 3.1(b) and (c), each of TPG and Intel shall have the right to designate one additional TPG Director and Intel Director, respectively, and the Company and the Stockholders shall take
all Necessary Action within their control to cause such director designees to be elected to the Board. The foregoing directors shall be divided into three (3) classes of directors, each of whose members shall serve for staggered three-year
terms as follows: 
  

	 	(1)	 the class I directors shall include one (1) TPG Director, one (1) TPG Unaffiliated Director and one
(1) Intel Director; 

  
 -7- 

	 	(2)	 the class II directors shall include one (1) TPG Director, one (1) Intel Director and one
(1) TPG Unaffiliated Director; and 

  

	 	(3)	 the class III directors shall include the Chief Executive Officer, one (1) TPG Unaffiliated Director and
one (1) TPG Director. 

 The initial term of the class I directors shall expire immediately following the Company’s first annual
meeting of stockholders at which directors are elected following the completion of the IPO. The initial term of the class II directors shall expire immediately following the Company’s second annual meeting of stockholders at which directors are
elected following the completion of the IPO. The initial term of the class III directors shall expire immediately following the Company’s third annual meeting at which directors are elected following the completion of the IPO. 

(b) TPG Representation. For so long as the TPG Group holds a number of shares of Common Stock representing at least the percentage of
the number of shares of Common Stock held by the TPG Group as of the Closing (after giving effect to any exercise by the underwriters of their option to purchase additional shares as well as the repurchase of Class B Common Stock and LLC Units by
the Company, if any, in connection with the closing of the IPO and any exercise of such option to purchase additional shares by the underwriters) shown below, there shall be included in the slate of nominees recommended by the Board for election as
directors at each applicable annual or special meeting of stockholders at which directors are to be elected that number of individuals designated by TPG (each, a “TPG Designee”) that, if elected, will result in the number of TPG
Designees serving as directors on the Board that is shown below. Further, TPG shall have the right to designate the Chairperson of the Board for so long as it has the right to nominate a TPG Designee. For the avoidance of doubt, each TPG Designee
designated for election as a TPG Unaffiliated Director must be eligible to (but not be required to) serve on the Audit Committee of the Board. 
  

			
	 Ownership Percentage
	  	Number of TPG Designees
	25% or greater	  	6 (including 3 TPG Unaffiliated Directors)
	Less than 25% but greater than or equal to 10%	  	2 (including 1 TPG Unaffiliated Director)

 (c) Intel Representation. For so long as the Intel Investor holds a number of shares of Common Stock
representing at least the percentage of the number of shares of Common Stock held by the Intel Investor as of the Closing (after giving effect to any exercise by the underwriters of their option to purchase additional shares as well as the
repurchase of Class B Common Stock and LLC Units by the Company, if any, in connection with the closing of the IPO and any exercise of such option to purchase additional shares by the underwriters) shown below, there shall be included in the slate
of nominees recommended by the Board for election as directors at each applicable annual or special meeting of stockholders at which directors are to be elected that number of individuals designated by Intel (each, an “Intel
Designee”) that, if elected, will result in the number of Intel Designees serving as directors on the Board that is shown below. 
  

			
	 Ownership Percentage
	  	Number of Intel Designees
	 25% or greater
	  	2
	 Less than 25% but greater than or equal to 10%
	  	1

  
 -8- 

 (d) Offer to Tender Resignation. Once any Principal Stockholder no longer has the
right to designate a director for election to the Board as described in Section 3.1(b) or (c), such Principal Stockholder shall take all Necessary Action within its control to cause the appropriate number of such Principal Stockholder’s
designees to tender his or her resignation from the Board effective at the Company’s next annual meeting of stockholders. The Board shall have the option, but not the obligation, to accept or reject any such resignation. The Company shall fill
any resulting vacancy with a director who qualifies as independent for purposes of serving on the Board under the rules of the Exchange and who is not affiliated with Intel or TPG. 

(e) CEO Representation. Subject to the last sentence of Section 3.1(f), if the term of the Chief Executive Officer as a director on
the Board is to expire in conjunction with any annual or special meeting of stockholders at which directors are to be elected, the Chief Executive Officer shall be included in the slate of nominees recommended by the Board for election. 

(f) Vacancies. Each Principal Stockholder shall have the exclusive right to: (i) remove its designees from the Board, and the
Company and the other Stockholders shall take all Necessary Action within their control to cause the removal of any such designee(s) at the request of the designating Principal Stockholder and (ii) designate for election or appointment to the
Board directors to fill any vacancy created by reason of death, removal, disability, retirement or resignation of its designees to the Board, and the Company and the other Stockholders shall take all Necessary Action within their control to cause
any such vacancy to be filled by replacement directors designated by such designating Principal Stockholder as promptly as reasonably practicable; provided, that, for the avoidance of doubt and notwithstanding anything to the contrary in this
paragraph, no Principal Stockholder shall have the right to designate a replacement director, and the Company and the other Stockholders shall not be required to take any action to cause any vacancy to be filled by any such designee, to the extent
that election or appointment of such designee to the Board would result in a number of directors designated by such Principal Stockholder in excess of the number of directors that such Principal Stockholder is then entitled to designate for
membership on the Board pursuant to Section 3.1(b) or (c). If the Chief Executive Officer resigns or is terminated for any reason, the Chief Executive Officer shall resign from the Board, and the Company and the Stockholders shall take all
Necessary Action within their control to remove the Chief Executive Officer from the Board and fill such vacancy with the next Chief Executive Officer in office. Except to the extent TPG has the right to designate one (1) or more directors for
election to the Board as described in Section 3.1(b), no Affiliate of TPG shall be elected by the Board or nominated for election by the Board without the consent of Intel. Except to the extent Intel has the right to designate one (1) or
more directors for election to the Board as described in Section 3.1(c), no Affiliate of Intel shall be elected by the Board or nominated for election by the Board without the consent of TPG. 

(g) Additional Unaffiliated Directors. For so long as any Principal Stockholder has the right to designate at least one
(1) director for nomination under this Agreement, the Company will take all Necessary Action within its control to ensure that the number of directors serving on the Board shall not exceed nine (9); provided, that (A) the number of
directors may be increased if necessary to satisfy the requirements of applicable laws 

  
 -9- 

 
and stock exchange regulations and applicable listing requirements and (B) the number of directors serving on the Board may be increased to up to eleven (11) for any reason; provided,
that no individual appointed to fill an additional Board seat may be Affiliated with any Principal Stockholder other than as provided in Section 3.1(a) hereof. 

(h) Committees. Subject to applicable laws and stock exchange regulations, each Principal Stockholder shall have the right to have a
representative appointed to serve on each committee of the Board, other than the Audit Committee of the Board, for so long as such Principal Stockholder has the right to designate at least one (1) director for election to the Board pursuant to
Section 3.1(b) or (c). Subject to applicable laws and stock exchange regulations, each Principal Stockholder shall have the right to appoint a representative as an observer to each committee of the Board, for so long as such Principal
Stockholder has the right to designate at least one (1) director for election to the Board pursuant to Section 3.1(b) or (c). At all times during which this Agreement is operative and effective, the Board shall have determined that at
least one (1) director serving on the Audit Committee of the Board shall qualify as an “audit committee financial expert” under the rules and regulations of the SEC. 

(i) Reimbursement of Expenses. In accordance with the Company Bylaws, the Company shall reimburse each Intel Designee, Intel Director,
TPG Designee and TPG Director for all reasonable and documented out-of-pocket expenses incurred in connection with such director’s or designee’s participation
in the meetings of the Board or any committee of the Board, including reasonable travel, lodging and meal expenses. For the avoidance of doubt, no Intel Designee or TPG Designee shall be eligible to receive compensation from the Company for serving
as a director unless such director is an “Independent Director.” 
 (j) D&O Insurance; Indemnification Priority. The
Company shall obtain customary director and officer indemnity insurance on reasonable terms, which insurance shall cover each director and the members of each board of directors (or equivalent governing body) of each of the Company’s
Subsidiaries. The Company hereby acknowledges that any director, officer or other indemnified person covered by any such indemnity insurance policy (any such Person, an “Indemnitee”) may have certain rights to indemnification,
advancement of expenses and/or insurance provided by the Stockholders or one or more of their respective Affiliates (collectively, the “Fund Indemnitors”). The Company hereby (i) agrees that the Company and any Subsidiary of
the Company that provides indemnity shall be the indemnitor of first resort (i.e., its or their obligations to an Indemnitee shall be primary and any obligation of any Fund Indemnitor to advance expenses or to provide indemnification for the same
expenses or liabilities incurred by an Indemnitee shall be secondary), (ii) agrees that it shall be required to advance the full amount of expenses incurred by an Indemnitee and shall be liable for the full amount of all expenses, judgments,
penalties, fines and amounts paid in settlement to the extent legally permitted and as required by the terms of this agreement, any other agreement between the Company and an Indemnitee or the Company Charter or Company Bylaws, without regard to any
rights an Indemnitee may have against any Fund Indemnitor or their insurers, and (iii) irrevocably waives, relinquishes and releases the Fund Indemnitors from any and all claims against the Fund Indemnitors for contribution, subrogation or any
other recovery of any kind in respect thereof. The Company further agrees that no advancement or payment by the Fund Indemnitors on behalf of an Indemnitee with respect to any claim for which such Indemnitee has sought indemnification from the
Company, as the case may be, shall affect the foregoing and the Fund Indemnitors shall have a right of contribution and/or be subrogated to the extent of such advancement or payment to all of the rights of recovery of such Indemnitee against the
Company. 

  
 -10- 

 Section 3.2. Voting Agreement. Each Stockholder shall cast all votes to which
such Stockholder is entitled in respect of such Stockholder’s Company Shares, whether at any annual or special meeting, by written consent or otherwise, so as to cause to be elected to the Board those individuals as have been designated in
accordance with Section 3.1(a)-(g) and to otherwise effect the intent of this Article III. 
 ARTICLE IV 

GENERAL PROVISIONS 

Section 4.1. Company Charter and Company Bylaws. The provisions of this Agreement shall be controlling if any such provisions or
the operation thereof conflict with the provisions of the Company Charter or the Company Bylaws. The Company and the Stockholders agree to take all Necessary Action within their control to amend the Company Charter and Company Bylaws so as to avoid
any conflict with the provisions hereof. 
 Section 4.2. Freedom to Pursue Opportunities. The Company agrees that, without the
consent of each Principal Stockholder, it shall not take any action, or adopt any resolution, inconsistent with Article IX of the Company Charter; if such action would have a materially adverse effect on TB, then the consent of TB shall also be
required. 
 Section 4.3. Assignment; Benefit. 

(a) The rights and obligations hereunder shall not be assignable without the prior written consent of the other parties hereto, subject to the
prior termination of this Agreement with respect to any Stockholder in accordance with Section 4.5; provided that each of the parties to this Agreement may assign its rights and obligations hereunder to Permitted Transferees that are
Affiliates without the prior written consent of the other parties hereto. Any attempted assignment of rights or obligations in violation of this Section 4.3 shall be null and void. 

(b) This Agreement shall be binding upon and shall inure to the benefit of the parties hereto, and their respective successors and permitted
assigns, and there shall be no third-party beneficiaries to this Agreement other than the Indemnitees and the Fund Indemnitors under Section 3.1(h), and Exempted Persons (as defined in the Company Charter) under Section 4.2. 

Section 4.4. Restrictions on Business Combination Transactions. The Company shall not be a party to any reorganization, Share
Exchange, consolidation, conversion or merger or any other transaction having an effect on stockholders substantially similar to that resulting from a reorganization, Share Exchange, consolidation, conversion or merger (each a “Business
Combination Transaction”) that includes or is in conjunction with a transaction involving the disposition, exchange or conversion of LLC Units for consideration unless (a) each holder of Class A Common Stock and Class B
Common Stock (together with the corresponding number of LLC Units) is allowed to participate pro rata in such Business Combination Transaction (as if the 

  
 -11- 

 
Class B Common Stock (together with the corresponding number of LLC Units) had been exchanged immediately prior to such Business Combination Transaction for Class A Common Stock
pursuant to the Operating Agreement) and (b) the gross proceeds payable in respect of each LLC Unit equals the gross proceeds that would be payable on account of such LLC Unit if it were exchanged immediately prior to such Business Combination
Transaction into Class A Common Stock pursuant to the Operating Agreement. Nothing in this Section 4.4 shall modify any of the rights set forth in the Tax Receivable Agreement. 

Section 4.5. Standstill. Each of Intel, TPG and TB agrees that, notwithstanding Section 4.6 hereof, until the later of
(a) the date two (2) years following the Closing and (b) the date that TPG loses its right to designate a director pursuant to Section 3.1(b), in the case of TPG and TB, or the date that Intel loses its right to designate a
director pursuant to Section 3.1(c), in the case of Intel (the “Standstill Period”), neither such Stockholder nor its Affiliates (in the case of TPG or TB) or the Intel Group (in the case of Intel) or Representatives (acting on
its behalf or on behalf of such Stockholder or any of its Affiliates (in the case of TPG or TB) or the Intel Group (in the case of Intel) or at its direction or the direction of such Stockholder or any of its Affiliates (in the case of TPG or TB) or
the Intel Group (in the case of Intel)) will, directly or indirectly, without the prior written consent of the Board or as expressly permitted herein, (i) acquire, agree to acquire, propose, seek or offer to acquire, or knowingly facilitate the
acquisition or ownership of, any securities or indebtedness of the Company, any warrant or option to purchase such securities or indebtedness, any security convertible into any such securities or indebtedness (other than, for the avoidance of doubt,
the issuance of shares of Class A Common Stock upon an exchange of shares of Class B Common Stock together with LLC Units), or any other right to acquire such securities or indebtedness that would result in such Stockholder owning more
than forty-nine percent (49%) of the outstanding voting power of the Company, (ii) enter, agree to enter, propose, seek or offer to enter into or knowingly facilitate any merger, business combination, recapitalization, restructuring or other
extraordinary transaction involving the Company, or (iii) advise or knowingly assist or encourage or enter into any discussions, negotiations, agreements or arrangements with any other Persons in connection with any of the foregoing.
Notwithstanding the foregoing, each of Intel, TPG and TB shall be entitled to have discussions with the Chief Executive Officer of the Company and the Chairperson of the Board of the Company, or the full Board (or any committee thereof), regarding
any of the matters set forth in this Section 4.5, but only so long as such request or proposal does not require public disclosure by the Company or any such Person. This Section 4.5 shall be of no further force and effect upon the
occurrence of any of the following events: (i) the Company enters into a definitive agreement with a person or “group” of persons involving the direct or indirect acquisition of all or a majority of the Company’s equity
securities or all or substantially all of the Company’s assets or (ii) any person (other than the Company and its Subsidiaries) commences a tender offer or exchange offer with respect to securities representing a majority of the voting
power of the Company and the Board fails to recommend against such tender offer or exchange offer within 10 Business Days of the commencement thereof. Nothing in this Section 4.5 shall restrict any Stockholder’s ability to monetize its
equity investment in the Company in compliance with applicable securities laws. 

  
 -12- 

 Section 4.6. Termination. If not otherwise stipulated, this Agreement shall
terminate automatically (without any action by any party hereto) as to each Stockholder as of the latest of (i) the time that such Stockholder no longer has the right to nominate any directors to the Board pursuant to Article III hereof,
(ii) the date that is the second anniversary of the Closing and (iii) the time that the Company Shares held by such Stockholder constitute less than 2% of all Company Shares; provided, that each Stockholder will remain bound by the
restrictions on Transfer of Class B Common Stock as set forth in Section 4.16 herein until the time that such Stockholder no longer owns any shares of Class B Common Stock; provided further that unless earlier
terminated pursuant to the foregoing, all rights and obligations of the TB Investor or GIC under this Agreement shall terminate upon the termination of the TB Investor’s or GIC’s obligations, respectively, under Article III of the
Coordination Agreement. Further, notwithstanding anything to the contrary herein, for so long as TPG believes that TPG has the right to designate one (1) or more directors for election to the Board as described in Section 3.1(b), at the
written request of the TPG Investor or the Company, GIC shall provide written notice, within five (5) Business Days of such request, of the number of shares of Common Stock that it owns as of the date of such request; provided that such
notice shall not be required to describe shares of Common Stock acquired as described in the second sentence of Section 4.15 hereof. 

Section 4.7. Severability. In the event that any provision hereof would, under applicable law, be invalid, illegal or
unenforceable in any respect, such provision shall be construed by modifying or limiting it so as to be valid, legal and enforceable to the maximum extent compatible with, and possible under, applicable law. The provisions hereof are severable, and
in the event any provision hereof should be held invalid or unenforceable in any respect, it shall not invalidate, render unenforceable or otherwise affect any other provision hereof. 

Section 4.8. Entire Agreement; Amendment. 

(a) This Agreement, along with the Registration Rights Agreement, the Operating Agreement and the Coordination Agreement (collectively, the
“Transaction Documents”), sets forth the entire understanding and agreement among the parties with respect to the transactions contemplated herein and supersedes and replaces any prior understanding, agreement or statement of
intent, in each case written or oral, of any kind and every nature with respect hereto and thereto. This Agreement or any provision hereof may only be amended, modified or waived, in whole or in part, at any time by an instrument in writing signed
by each of Intel, TPG and TB, in each case, for so long as it is a party to this Agreement; provided that (i) any such amendment, modification or waiver that (A) has a disproportionate and materially adverse effect on any
Stockholder or (B) creates a material new obligation of a Stockholder or further restricts in any material respect the ability of a Stockholder to Transfer its Company Shares or LLC Units, shall require the prior written consent of such
Stockholder and (ii) any amendment which extends the standstill period in Section 4.5 shall require the prior written consent of each Stockholder to whom such extended period would apply. 

(b) No waiver of any breach of any of the terms of this Agreement shall be effective unless such waiver is expressly made in writing and
executed and delivered by the party against whom such waiver is claimed. The waiver by any party hereto of a breach of any provision of this Agreement shall not operate or be construed as a further or continuing waiver of such breach or as a waiver
of any other or subsequent breach. Except as otherwise expressly provided herein, no failure on the part of any party to exercise, and no delay in exercising, any right, power or remedy hereunder, or otherwise available in respect hereof at law or
in equity, shall operate as a waiver thereof, nor shall any single or partial exercise of such right, power or remedy by such party preclude any other or further exercise thereof or the exercise of any other right, power or remedy. 

  
 -13- 

 Section 4.9. Counterparts; Electronic Signatures. This Agreement may be
executed in any number of separate counterparts each of which when so executed shall be deemed to be an original and all of which together shall constitute one and the same agreement. Counterpart signature pages to this Agreement may be delivered by
facsimile or electronic delivery (i.e., by email of a PDF signature page) and each such counterpart signature page will constitute an original for all purposes. The parties hereto hereby agree that this Agreement may be executed by way of electronic
signatures and that the electronic signature has the same binding effect as a physical signature. For the avoidance of doubt, the parties hereto further agree that this Agreement, or any part thereof, shall not be denied legal effect, validity or
enforceability solely on the ground that it is in the form of an electronic record. 
 Section 4.10. Notices. Any notices,
requests, demands and other communications required or permitted in this Agreement shall be effective if in writing and (i) delivered personally, (ii) sent by facsimile or e-mail or (iii) sent
by overnight courier, in each case, addressed as follows: 
 if to the Company, to: 

McAfee Corp. 
 6220 America Center
Dr. 
 San Jose, CA 95002 

Attention: Sayed Darwish 

E-mail: Sayed_Darwish@McAfee.com 

with copies (which shall not constitute notice) to: 

Ropes & Gray LLP 
 3
Embarcadero Center 
 San Francisco, California 94111 

Attention: Thomas Holden and Michael Roh 

Facsimile: (415) 315-4823 

E-mail: thomas.holden@ropesgray.com; michael.roh@ropesgray.com 

if to the TPG Investor, to: 
 TPG Global, LLC 

301 Commerce Street, Suite 3300 

Fort Worth, Texas 76102 

Attention: General Counsel, Julie Clayton and Jerry Neugebauer 

Facsimile: (415) 743-1501 

E-mail: officeofgeneralcounsel@tpg.com 

  
 -14- 

 with a copy (which shall not constitute notice) to: 

Ropes & Gray LLP 
 3
Embarcadero Center 
 San Francisco, California 94111 

Attention: Thomas Holden and Michael Roh 

Facsimile: (415) 315-4823 

E-mail: thomas.holden@ropesgray.com; michael.roh@ropesgray.com 

if to Intel, to: 
 Intel Corporation 

2200 Mission College Boulevard 

Santa Clara, California 95054 

Attention: Susie Giordano and Benjamin A. Olson 

Facsimile: (408) 653-9098 

E-mail: susie.giordano@intel.com and benjamin.a.olson@intel.com 

with a copy (which shall not constitute notice) to: 

Skadden, Arps, Slate, Meagher & Flom LLP 

525 University Avenue, Suite 1400 

Palo Alto, California 94301 

Attention: Gregg Noel and Amr Razzak 

Facsimile: (213) 621-5234 

E-mail: gregg.noel@skadden.com and amr.razzak@skadden.com 

if to TB, to: 
 c/o Thoma Bravo, L.P. 

600 Montgomery Street, 20th Floor 

San Francisco, California 94111 

Attention: Seth Boro and Chip Virnig 

Facsimile: (415) 392-6480 

E-mail: sboro@thomabravo.com and cvirnig@thomabravo.com 

with a copy (which shall not constitute notice) to: 

Kirkland & Ellis LLP 

300 North LaSalle Drive 
 Chicago,
Illinois 60654 
 Attention: Gerald T. Nowak, P.C., Corey D. Fox, P.C. and Bradley Reed 

Facsimile: (312) 862-2200 

E-mail: gerald.nowak@kirkland.com, corey.fox@kirkland.com and bradley.reed@kirkland.com 

  
 -15- 

 if to the GIC, to: 

Snowlake Investment Pte Ltd 
 168
Robinson Road #37-01 Capital Tower 
 Singapore, 068912 

Attention: Jason Young, Sean Low Shien Ang, and Matthew Lim 

E-mail:      jasonyoung@gic.sg 

with a copy (which shall not constitute notice) to: 

Sidley Austin LLP 
 787 7th Avenue

 New York, New York 10019 

Attention: Asi Kirmayer 
 E-mail:      akirmayer@sidley.com 
 Unless otherwise specified herein, such notices or
other communications shall be deemed effective (i) on the date received, if personally delivered, (ii) on the date received if delivered by facsimile or e-mail on a Business Day, or if not delivered
on a Business Day, on the first Business Day thereafter and (iii) one (1) Business Day after being sent by overnight courier. Each of the parties hereto shall be entitled to specify a different address by giving notice as aforesaid to each of
the other parties hereto 
 Section 4.11. Governing Law. This Agreement and all claims arising out of or based upon this
Agreement or relating to the subject matter hereof shall be governed by and construed in accordance with the domestic substantive laws of the State of Delaware without giving effect to any choice or conflict of laws provision or rule that would
cause the application of the domestic substantive laws of any other jurisdiction. 
 Section 4.12. Consent to Jurisdiction. Each
party to this Agreement, by its execution hereof, (i) hereby irrevocably submits to the exclusive jurisdiction of the Delaware Court of Chancery (or, solely if the Delaware Court of Chancery declines jurisdiction, the Complex Commercial
Litigation Division of the Delaware Superior Court, New Castle County, or solely if such court declines jurisdiction, the United States District Court for the District of Delaware) for the purpose of any action, claim, cause of action or suit (in
contract, tort or otherwise), inquiry, proceeding or investigation arising out of or based upon this Agreement or relating to the subject matter hereof, (ii) hereby waives to the extent not prohibited by applicable law, and agrees not to
assert, and agrees not to allow any of its subsidiaries to assert, by way of motion, as a defense or otherwise, in any such action, any claim that it is not subject personally to the jurisdiction of the above-named courts, that its property is
exempt or immune from attachment or execution, that any such proceeding brought in one of the above-named courts is improper, or that this Agreement or the subject matter hereof or thereof may not be enforced in or by such court and
(iii) hereby agrees not to commence or maintain any action, claim, cause of action or suit (in contract, tort or otherwise), inquiry, proceeding or investigation arising out of or based upon this Agreement or relating to the subject matter
hereof or thereof other than before one of the above-named courts nor to make any motion or take any other action seeking or intending to cause the transfer or removal of any such action, claim, cause of action or suit (in contract, tort or

  
 -16- 

 
otherwise), inquiry, proceeding or investigation to any court other than one of the above-named courts whether on the grounds of inconvenient forum or otherwise. Notwithstanding the foregoing, to
the extent that any party hereto is or becomes a party in any litigation in connection with which it may assert indemnification rights set forth in this Agreement, the court in which such litigation is being heard shall be deemed to be included in
clause (i) above. Notwithstanding the foregoing, any party to this Agreement may commence and maintain an action to enforce a judgment of any of the above-named courts in any court of competent jurisdiction. Each party hereto hereby consents to
service of process in any such proceeding in any manner permitted by Delaware law, and agrees that service of process by registered or certified mail, return receipt requested, at its address specified pursuant to
Section 4.10 hereof is reasonably calculated to give actual notice. 
 Section 4.13. Waiver of Jury
Trial. TO THE EXTENT NOT PROHIBITED BY APPLICABLE LAW THAT CANNOT BE WAIVED, EACH PARTY HERETO HEREBY WAIVES, AND COVENANTS THAT IT WILL NOT ASSERT (WHETHER AS PLAINTIFF, DEFENDANT OR OTHERWISE), ANY RIGHT TO TRIAL BY JURY IN ANY FORUM IN
RESPECT OF ANY ISSUE OR ACTION, CLAIM, CAUSE OF ACTION OR SUIT (IN CONTRACT, TORT OR OTHERWISE), INQUIRY, PROCEEDING OR INVESTIGATION ARISING OUT OF OR BASED UPON THIS AGREEMENT OR THE SUBJECT MATTER HEREOF OR IN ANY WAY CONNECTED WITH OR RELATED OR
INCIDENTAL TO THE DEALINGS OF ANY STOCKHOLDER IN CONNECTION WITH ANY OF THE ABOVE, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING AND WHETHER IN CONTRACT, TORT OR OTHERWISE. EACH PARTY HERETO ACKNOWLEDGES THAT IT HAS BEEN INFORMED BY THE
OTHER PARTIES HERETO THAT THIS SECTION 4.13 CONSTITUTES A MATERIAL INDUCEMENT UPON WHICH IT IS RELYING AND WILL RELY IN ENTERING INTO THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED HEREBY. ANY PARTY HERETO MAY FILE AN ORIGINAL COUNTERPART OR A
COPY OF THIS SECTION 4.13 WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF EACH SUCH PARTY TO THE WAIVER OF ITS RIGHT TO TRIAL BY JURY. 

Section 4.14. Remedies. The parties to this Agreement shall have all remedies available at law, in equity or otherwise in the
event of any breach or violation of this Agreement or any default hereunder. The parties acknowledge and agree that in the event of any breach of this Agreement, in addition to any other remedies that may be available, each of the parties hereto
shall be entitled to specific performance of the obligations of the other parties hereto and, in addition, to such other equitable remedies (including preliminary or temporary relief) as may be appropriate in the circumstances. No delay of or
omission in the exercise of any right, power or remedy accruing to any party as a result of any breach or default by any other party under this Agreement shall impair any such right, power or remedy, nor shall it be construed as a waiver of or
acquiescence in any such breach or default, or of any similar breach or default occurring later; nor shall any such delay, omission nor waiver of any single breach or default be deemed a waiver of any other breach or default occurring before or
after that waiver. 

  
 -17- 

 Section 4.15. Subsequent Acquisition of Shares. Any equity securities of the
Company acquired subsequent to the date hereof by a Stockholder shall be subject to the terms and conditions of this Agreement. Notwithstanding anything to the contrary, this Agreement shall not limit: (a) the ordinary course activities of any
of GIC’s affiliates, including, without limitation, brokerage, investment, financial, merger or other advisory, financing, asset management, trading, market making, arbitrage, and investment activities conducted in the ordinary course of
business provided that such activities are conducted in compliance with standard practices and procedures (including those known as “Ethical Walls”) that prevent the flow of information between (i) such affiliate’s personnel who
engage in the foregoing activities and (ii) GIC’s and its affiliates’ personnel who have access to Company information pursuant to the Transaction Documents and/or (b) investments or actions done by a third party fund or
investment vehicle for which GIC or any of its affiliates is a passive limited partner. 
 Section 4.16. Restrictions on Transfer or
Issuance of Class B Common Stock. 
 (a) No shares of Class B Common Stock may be Transferred or issued unless a
corresponding number of LLC Units are Transferred or issued therewith (including any transfers or issuances of shares of Class B Common Stock held in treasury or otherwise by the Company or any of its subsidiaries) in accordance with the
provisions of the Operating Agreement and that the Company will not register any Transfers of shares of Class B Common Stock that do not satisfy this Section 4.16(a). 

(b) Any purported transfer of shares of Class B Common Stock in violation of the restrictions described in Section 4.16(a) (the
“Restrictions”) shall be null and void. If, notwithstanding the foregoing prohibition, a person shall, voluntarily or involuntarily, purportedly become or attempt to become, the purported owner (“Purported Owner”)
of shares of Class B Common Stock in violation of the Restrictions, then the Purported Owner shall not obtain any rights in and to such shares of Class B Common Stock (the “Restricted Shares”), and the purported transfer
of the Restricted Shares to the Purported Owner shall not be recognized by the Company’s transfer agent (the “Transfer Agent”). 

(c) Upon a determination by the Board that a person has attempted or may attempt to transfer or to acquire Restricted Shares in violation of
Section 4.16(a), the Board may take such action as it deems advisable to refuse to give effect to such transfer or acquisition on the books and records of the Company, including without limitation to cause the Transfer Agent to record the
Purported Owner’s transferor as the record owner of the Restricted Shares, and to institute proceedings to enjoin or rescind any such transfer or acquisition. 

(d) The Board may, to the extent permitted by law, from time to time establish, modify, amend or rescind, by Company Bylaws or otherwise,
regulations and procedures not inconsistent with the provisions of this Section 4.16 for determining whether any acquisition of shares of Class B Common Stock would violate the Restrictions and for the orderly application, administration
and implementation of the provisions of this Section 4.16. Any such procedures and regulations shall be kept on file with the Secretary of the Company and with its Transfer Agent and shall be made available for inspection by any prospective
transferee and, upon written request, shall be provided to any holder of shares of Class B Common Stock. 
 (e) The Board shall have all
powers necessary to implement the Restrictions, including without limitation the power to prohibit the transfer of any shares of Class B Common Stock in violation thereof. 

  
 -18- 

 Section 4.17. No Recourse. Notwithstanding anything that may be expressed or
implied in this Agreement, the Company and each Stockholder covenant, agree and acknowledge that no recourse under this Agreement or any documents or instruments delivered in connection with this Agreement shall be had against any current or future
director, officer, employee, stockholder, general or limited partner or member of any Stockholder or of any Affiliate or assignee thereof, as such, whether by the enforcement of any assessment or by any legal or equitable proceeding, or by virtue of
any statute, regulation or other applicable law, it being expressly agreed and acknowledged that no personal liability whatsoever shall attach to, be imposed on or otherwise be incurred by any current or future officer, agent or employee of any
Stockholder or any current or future member of any Stockholder or any current or future director, officer, employee, stockholder, partner or member of any Stockholder or of any Affiliate or assignee thereof, as such, for any obligation of any
Stockholder under this Agreement or any documents or instruments delivered in connection with this Agreement for any claim based on, in respect of or by reason of such obligations or their creation. 

Section 4.18. Effectiveness. This Agreement shall become effective upon the Closing. 

[Signature pages follow] 

  
 -19- 

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

			
	MCAFEE CORP.
		
	By:	 	 /s/ Jared Ross

	Name: Jared Ross
	Title:   Assistant Secretary

 
			
	 INTEL AMERICAS, INC.

		
	By:	 	 /s/ Tiffany D. Silva

	Name: Tiffany D. Silva
	Title:   Secretary and Director

 
			
	TPG INVESTOR
	
	TPG VII MANTA BLOCKER CO-INVEST I, L.P.
	
	By: TPG VII Manta GenPar, L.P., its general partner
	
	By: TPG VII Manta GenPar Advisors, LLC, its general partner
		
	By:	 	 /s/ Michael LaGatta

		 	Name: Michael LaGatta
		 	Title:   Vice President
	
	TPG VII MANTA AIV I, L.P.
	
	By: TPG VII Manta GenPar, L.P., its general partner
	
	By: TPG VII Manta GenPar Advisors, LLC, its general partner
		
	By:	 	 /s/ Michael LaGatta

		 	Name: Michael LaGatta
		 	Title:   Vice President

			
	TPG VII SIDE-BY-SIDE SEPARATE ACCOUNT I, L.P.
	
	By: TPG Genpar VII SBS SA I, L.P., its general partner
	
	By: TPG Genpar VII SBS SA I Advisors, LLC, its general partner
		
	By:	 	 /s/ Michael LaGatta

		 	Name: Michael LaGatta
		 	Title:   Vice President
	
	TPG VII MANTA AIV CO-INVEST, L.P.
	
	By: TPG VII Manta GenPar, L.P., its general partner
	
	By: TPG VII Manta GenPar Advisors, LLC, its general partner
		
	By:	 	 /s/ Michael LaGatta

		 	Name: Michael LaGatta
		 	Title:   Vice President
	
	TPG VII MANTA HOLDINGS II, L.P.
	
	By: TPG VII Manta GenPar, L.P., its general partner
	
	By: TPG VII Manta GenPar Advisors, LLC, its general partner
		
	By:	 	 /s/ Michael LaGatta

		 	Name: Michael LaGatta
		 	Title:   Vice President

 
			
	TB INVESTOR
	
	THOMA BRAVO FUND XII-A, L.P.
	
	By: Thoma Bravo Partners XII, L.P.
	Its: General Partner
	
	By: Thoma Bravo UGP XII, LLC
	Its: General Partner
	
	By: Thoma Bravo UGP, LLC
	Its: Managing Member
		
	By:	 	 /s/ Seth Boro

	Name: Seth Boro
	Title:   Managing Partner
	
	THOMA BRAVO FUND XII AIV, L.P.
	
	By: Thoma Bravo Partners XII AIV, L.P.
	Its: General Partner
	
	By: Thoma Bravo UGP XII, LLC
	Its: General Partner
	
	By: Thoma Bravo UGP, LLC
	Its: Managing Member
		
	By:	 	 /s/ Seth Boro

	Name: Seth Boro
	Title:   Managing Partner

			
	THOMA BRAVO PARTNERS XII AIV, L.P.
	
	By: Thoma Bravo UGP XII, LLC
	Its: General Partner
	
	By: Thoma Bravo UGP, LLC
	Its: Managing Member
		
	By:	 	 /s/ Seth Boro

	Name: Seth Boro
	Title:   Managing Partner
	
	THOMA BRAVO EXECUTIVE FUND XII AIV, L.P.
	
	By: Thoma Bravo Partners XII AIV, L.P.
	Its: General Partner
	
	By: Thoma Bravo UGP XII, LLC
	Its: General Partner
	
	 By: Thoma Bravo UGP, LLC
 Its:
Managing Member

		
	By:	 	 /s/ Seth Boro

	Name: Seth Boro
	Title:   Managing Partner

			
	THOMA BRAVO EXECUTIVE FUND XII-A AIV, L.P.
	
	By: Thoma Bravo Partners XII AIV, L.P.
	Its: General Partner
	
	By: Thoma Bravo UGP XII, LLC
	Its: General Partner
	
	By: Thoma Bravo UGP, LLC
	Its: Managing Member
		
	By:	 	 /s/ Seth Boro

	Name: Seth Boro
	Title:   Managing Partner

 
			
	 SNOWLAKE INVESTMENT PTE LTD.

		
	By:	 	 /s/ Jason Young

	Name: Jason Young
	Title:   Authorized Signatory

 
	
	 Solely with respect to Section 3.1(f)

	
	 /s/ Peter Leav

	Name: Peter Leav
	 Title: Chief Executive Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00315-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00315-of-00352.parquet"}]]