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Document

Exhibit 10.3

AMENDMENT NO. 7 TO THE
AIR PRODUCTS AND CHEMICALS, INC. RETIREMENT SAVINGS PLAN

WHEREAS, Air Products and Chemicals, Inc. (the "Company") is the Plan Sponsor of the Air Products and Chemicals, Inc. Retirement Savings Plan (the "Plan");
WHEREAS, pursuant to Plan Section 7.01 the Plan may be amended at any time; 
WHEREAS, the Setting Every Community Up for Retirement Enhancement Act of 2019 (“SECURE Act”) and the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) amended certain tax-qualification” provisions of the Internal Revenue Code of 1986 (the “Code”); and
WHEREAS, the Company desires to amend the Plan comply with the CARES Act and the SECURE Act, and in particular, to (1) permit hardship distributions in the case of losses to the Participant as permitted under the CARES Act and subsequent regulatory guidance, (2) change the required beginning date to receive distributions from age 70 1⁄2 to age 72, effective January 1, 2020 as mandated pursuant to the SECURE Act, and (3) to provide for a waiver of required minimum distributions for the year 2020 as mandated pursuant to the CARES Act.. 
NOW, THEREFORE, the Plan is hereby amended as follows:

1)Section 3.08(b)(i) shall be amended:

a)To add a new Subsection (G), to read in its entirety as follows:

“(G)    Effective January 1, 2020, expenses and losses (including loss of income) incurred by a Participant on account of a disaster declared by the Federal Emergency Management Agency (FEMA) under the Robert T. Stafford Disaster Relief and Emergency Assistance Act, Public Law 100-707, provided that the Participant’s principal residence or principal place of employment at the time of the disaster was located in an area designated by FEMA for individual assistance with respect to the disaster; or

b)To redesignate the existing Subsection (G) as Subsection (H).

2)Section 3.10(a)(i) shall be amended to read as follows:

“(i) All amounts credited to such Participant's Accounts shall be retained in the Plan until the earliest of the Participant's death, the Participant's consent to and application for the Trustee to distribute the aggregate amounts in all of Participant's Plan Accounts to him in a lump sum or the Participant's consent to and application for the Trustee to commence distribution of installment payments of his account to him in accordance with Section 5.01. Notwithstanding the preceding sentence, distributions of a Participant's Plan accounts shall commence no later than April 1 of the calendar year following his attainment of age 72 (70 1⁄2 prior to January 1, 2020). Participants who continue employment with the Employer beyond age 72 (70 1⁄2 prior to January 1, 2020) may defer commencement of distribution under this Section until no later than April 1st of the calendar year following the calendar year in which the Participant retires. 

1

Notwithstanding the above, a Participant or Beneficiary who would have been required to receive required minimum distributions in 2020 (or paid in 2021 for the 2020 calendar year for a Participant with a required beginning date of April 1, 2021) but for the enactment of section 401(a)(9)(l) of the Code (the “2020 RMDs”), and who would have satisfied that requirement by receiving distributions that are either (a) equal to the 2020 RMDs, or (b) one or more payments (that include the 2020 RMDs) in a series of substantially equal periodic payments made at least annually and expected to last for the life (or life expectancy) of the Participant, the joint lives (or joint life expectancies) of the Participant and the Participant’s designated Beneficiary, or for a period of at least 10 years (the “Extended 2020 RMDs”), will receive those distributions for 2020 unless the Participant or Beneficiary chooses not to receive such distributions.  Members and Beneficiaries will be given the opportunity to elect to stop receiving the distributions described in the preceding sentence.”

3)Section 5.01(b) shall be amended to read as follows:

“(b) Company Stock Distributions. Amounts credited to a Participant's accounts which are held by the Trustee in the Company Stock Fund shall be distributed in cash. Notwithstanding the foregoing, amounts credited to a Participant's account in the Company Stock Fund may be distributed in the form of shares of Company Stock at the election of the Participant or the Participant's Beneficiary or alternate payee, as the case may be. Distribution of a Participant's interest in a fractional share of Company Stock shall be made in cash. Notwithstanding the above, for persons electing installment distributions commencing on or after October 1, 2006, distributions of amounts credited to the Company Stock Fund must be made in cash.

The amount to be withdrawn or distributed from a Participant's account or accounts under Section 3.08 or 3.10, or pursuant to a Qualified Domestic Relations Order, shall be the amount or specified portion thereof credited to such Trustee account or accounts as of: (i) the Business Day on which the account distribution or withdrawal request is received by the Plan Administrator; provided, however, that valuation shall take place as of the following Business Day if the request is received after the close of the New York Stock Exchange; or (ii) if no request is received, the first Business Day in March of the calendar year following the year in which the Participant attains age 72 (70 1⁄2 prior to January 1, 2020) or, if later, the calendar year in which the Participant retires if the Participant attained age 72 (70 1⁄2 prior to January 1, 2020). In the case of a Qualified Domestic Relations Order, if so provided in the Qualified Domestic Relations Order, the amount to be withdrawn or distributed shall be the amount specified in such Order.

Payment or delivery of an amount to be withdrawn or distributed shall be made as soon as practicable after the applicable date determined under the preceding paragraph, but in any event by the April 1 which follows the year in which the Participant attains age 72 (70 1⁄2 prior to January 1, 2020), or if later, the April 1 which follows the year the Participant retires if the Participant attains age 72 (70 1⁄2 prior to January 1, 2020). The payment of benefits under the Plan to a Participant (or to his Beneficiary or Beneficiaries) who has a severance from employment with the Company and all Affiliated Companies with amounts credited to his Plan accounts of $1,000 or less, or upon the Participant's death, will begin as soon as administratively practicable after the Participant makes his last contribution. 

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Any distributions made pursuant to this Article V shall be subject to the requirements of Code Section 401 (a)(9) and the regulations thereunder, including the minimum distribution incidental benefit requirement of Q&A-1 (d) of section 1.401 (a)(9)-5 of the final regulations effective January 1, 2003”

4)Exhibit II, Section (iii)(2)(b) of shall be amended as follows:

“(b) If the Designated Beneficiary is the Participant's Surviving Spouse, the date distributions are required to begin in accordance with (a) above shall not be earlier than the later of (1) December 31 of the calendar year immediately following the calendar year in which the Participant died or (2) December 31 of the calendar year in which the Participant would have attained age 72 (70 1⁄2 prior to January 1, 2020).

If the Participant has not made an election pursuant to this Section C(2) of this Exhibit II by the time of his or her death, the Participant's Designated Beneficiary must elect the method of distributions no later than the earlier of: (1) December 31 of the calendar year in which distributions would be required to begin under this section, or (2) December 31 of the calendar year which contains the fifth anniversary of the date of death of the Participant. If the Participant has no Designated Beneficiary, or if the Designated Beneficiary does not elect a method of distribution, then distributions of the aggregate amounts credited to the Participant's Plan accounts must be completed by December 31 of the calendar year containing the fifth anniversary of the Participant's death.

For purposes of this Section C(2) of this Exhibit II, if the Surviving Spouse dies after the Participant, but before the payments to such Spouse begin, the provisions of this Section C(2) of this Exhibit II with the exception of paragraph (b) therein, shall be applied as if the Surviving Spouse were the Participant. For the purposes of Sections C(1) and C(2) of this Exhibit II, distribution of the aggregate amounts credited to the Participant's Plan accounts is considered to begin on the last Business Day of March of the calendar year, which follows the calendar year in which the Participant would have attained age 72 (70 1⁄2 prior to January 1, 2020) (or, if the preceding sentence is applicable, the date distribution is required to begin to the Surviving Spouse).”

5)In all other respects, the Plan shall remain in full force and effect.

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IN WITNESS WHEREOF, the Company has caused its Senior Vice President and Chief Human Resources Officer to execute this Seventh Amendment to the Plan on this 18 day of February 2021.

AIR PRODUCTS AND CHEMICALS, INC.

Attest:_______________________        By: ________________________________
Victoria Brifo, Senior Vice President and Chief Human Resources Officer
4Exhibit 10.2

 

Amendment
to Employment Agreement

 

THIS Amendment
(the “Amendment”) to the Amended Employment Agreement dated June 7, 2007 (the “Agreement”) is entered
into as of May 9, 2021 (the “Effective Date”), by and between Matthew Rabinowitz
(the “Employee”) and Natera, Inc., a Delaware corporation (the “Company”).

 

RECITALS

 

WHEREAS,
the Employee and the Company entered into the Agreement dated June 7, 2007, which amended and restated in its entirety
the Employment Agreement entered into between the parties hereto on January 27, 2007.

 

WHEREAS,
the parties hereto desire to amend the Agreement as set forth herein.

 

NOW,
THEREFORE, in consideration of the mutual covenants and conditions hereinafter set forth, the parties agree as follows.

 

A.             Amendment
to Section 1(a). Section 1(a) of the Agreement is hereby amended and restated in its entirety as follows, and Sections
1(b), 1(c), 1(d) and 1(e) shall be re-numbered accordingly:

 

(a)             Position.
Effective as of the Effective Date, the Company agrees to continue to employ the Employee (the “Employment”). From the Effective
Date through the earlier of the date Employee’s Employment terminates or December 31, 2023, (i) the Employee shall hold
the position of Executive Chairman and shall report to the Company’s Board of Directors (the “Board”), and (ii) the
Board will nominate Employee to serve as a member of the Board and shall recommend that the Company’s stockholders vote in favor
of the election of Employee as a member of the Board.

 

(b)             Future
Service. The Company, the Employee and the Board may mutually agree to continue Executive’s Employment with or services to the
Company beyond December 31, 2023. If:

 

(i)             the
Employee and the Board mutually agree, no later than September 30, 2023, on the compensation and other employment terms pursuant
to which the Employee’s service as Executive Chairman shall continue beyond December 31, 2023, then such service shall continue;
provided, however, that Employee’s termination benefits as set forth in Section 6 of the Agreement shall remain in place
(for purposes of clarity, any mutually agreed upon compensation shall not be deemed to be an Involuntary Termination); or

 

(ii)             the
Employee and the Board mutually agree, no later than September 30, 2023, to end the Employee’s service Executive Chairman as
of the close of business on December 31, 2023, and the Board extends an offer to Employee to continue to serve as Chairman of the
Board, then the Employee shall be entitled to receive cash and equity compensation for such service as Chairman of the Board pursuant
to the Company’s non-employee director compensation program in effect at such time; in this scenario, this Agreement, and Employee’s
employment, shall terminate as of the close of business on December 31, 2023, but such termination shall not be deemed to be an Involuntary
Termination; and the Employee’s then-outstanding equity will continue to vest pursuant to the terms of the applicable equity incentive
plans and award agreements as Employee continues to serve as a non-employee director on the Board; or

 

     

     

    

 

(iii)             the
Employee and the Board are unable to mutually agree, prior to September 30, 2023, to terms for the Employee’s continued service
as Executive Chairman, but the Board extends an offer to Employee to continue to serve as Chairman of the Board, then the Employee shall
be entitled to receive cash and equity compensation for such services pursuant to the Company’s non-employee director compensation
program in effect at such time; this Agreement, and Employee’s employment, shall terminate as of the close of business on December 31,
2023; the Employee shall be entitled to receive the termination benefits for an Involuntary Termination in accordance with Section 6
hereof; and the Employee’s remaining then-outstanding equity will continue to vest pursuant to the terms of the applicable equity
incentive plans and award agreements as Employee continues to serve as a non-employee director on the Board; or

 

(iv)            the
Employee and the Board are unable to mutually agree, prior to September 30, 2023, to terms for the Employee’s continued service
as Executive Chairman, and the Board determines not to extend an offer to Employee to continue to serve as Chairman of the Board, then
this Agreement, and Employee’s employment, shall terminate as of the close of business on December 31, 2023; the Employee shall
be entitled to receive the termination benefits for an Involuntary Termination set forth in accordance with Section 6 hereof, except
for the benefits set forth in Section 6(b), in place of which the Employee shall be entitled to be vested in 100% of Employee’s
then-unvested option shares and shares granted pursuant to stock or other equity or equity-based awards (“Equity Awards”),
which for purposes of this Section 1(b)(iv) shall include milestone-based equity awards, as of December 31, 2023; and the
Employee’s service on the Board will automatically terminate at the Company’s annual meeting of stockholders held in 2024.

 

Notwithstanding
any of the foregoing, the Employee’s continued service as a member of the Board shall remain subject to stockholder approval at
any annual or special meeting of stockholders.

 

B.             Amendment
to Section 2. Section 2 of the Agreement is hereby amended and restated in its entirety as follows:

 

2.             Cash
and Incentive Compensation. The Employee shall receive compensation for his services during fiscal years 2021, 2022 and 2023
as set forth in this Section 2, provided that he continues during this time to devote substantially the same amount of effort
and time to the Company, including spending in aggregate a minimum of three business days per week (excluding holidays and paid vacations
in accordance with the Company’s vacation policy as may be amended from time to time) (the “Requisite Effort”), throughout
such time period.

 

(a)             Salary.
The Company shall pay the Employee as compensation for his services an initial base salary at a gross annual rate of $333,000.00 (Three
Hundred Thirty-Three Thousand Dollars) for each fiscal year 2021, 2022 and 2023. Such salary shall be payable in accordance with the Company’s
standard payroll procedures. The annual compensation specified in this Section 2(a), as in effect from time to time, is referred
to in this Agreement as “Base Salary.”

 

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(b)             Cash
Bonus. The Employee shall be eligible for an annual incentive bonus equal to 50% of his Base Salary for each fiscal year 2021, 2022
and 2023 (the “Eligible Bonus”), payable to the extent applicable performance goals established and approved by the Board
or its Compensation Committee have been satisfied for the applicable fiscal year. The Board or its Compensation Committee shall use commercially
reasonable efforts to communicate the individual and corporate performance goals to the Executive by March 31st of each year, subject
to any reasonable and necessary revisions to such goals during the year to accommodate the changing requirements of the Company’s
business. Such bonus shall be awarded based on the Company bonus policy and pursuant to the Company’s Management Cash Incentive
Plan and, except as is otherwise provided herein, is subject to change at the sole discretion of the Company. The determination of the
Company’s Board or its Compensation Committee with respect to bonuses and the achievement of the applicable individual and corporate
performance goals shall be final and binding on the Employee. Except as may otherwise be approved by the Board or its Compensation Committee
in the event that Employee transitions to serving as a non-employee member of the Board or to other service as provided in Section 1(b),
and except as otherwise provided herein, the Employee shall not be entitled to an annual bonus if the Employee is not employed by the
Company on the date when such bonus is paid or to a prorated bonus distribution upon a Separation from the Company.

 

(c)             Annual
Equity Awards. Subject to the approval of the Board or its Compensation Committee, in connection with the Company’s annual equity
award process and consistent with the Company’s standard equity grant cycle, the Company shall grant Employee annual equity awards
for each of fiscal year 2021, 2022 and 2023 (contingent upon Employee’s continued Employment with the Company through the applicable
grant date) as set forth in this Section 2(c).

 

(i)             Fiscal
2021.

 

(A)            A
time-based option to purchase 28,621 shares of the Company’s Common Stock (the “2021 Time-Based Option Award”). The
2021 Time-Based Option Award will vest consistent with the Company’s standard four-year vesting schedule.

 

(B)             A
performance-based option to purchase 28,621 shares of the Company’s Common Stock (the “2021 Performance-Based Option Award”).
The 2021 Performance-Based Option Award shall vest based on achievement of the same milestone applicable to the revenue-based Performance
Stock Unit granted to the Company’s Chief Executive Officer for fiscal 2021.

 

(C)             A
performance-based option to purchase 162,758 shares of the Company’s Common Stock (the “2021 LTI Option Award”). The
2021 LTI Option Award shall vest based on achievement of the same milestone applicable to the market capitalization-based Performance
Stock Unit granted to the Company’s Chief Executive Officer for fiscal 2021.

 

(ii)             Fiscal
2022. The lesser of (i) options to purchase 220,000 shares of the Company’s Common Stock and (ii) options in an amount
equal to 90% of the value of the annual equity award(s) granted to the Company’s Chief Executive Officer for such fiscal year
(“CEO 2022 Equity”), in either case allocated among time-based and all performance-based vesting conditions in the same proportions
as the CEO 2022 Equity. The calculations of values and allocations pursuant to this paragraph shall be based on the Black Scholes value
of the CEO 2022 Equity as of the grant date.

 

(iii)             Fiscal
2023. The lesser of (i) options to purchase 220,000 shares of the Company’s Common Stock and (ii) options in an amount
equal to 80% of the value of the annual equity award(s) granted to the Company’s Chief Executive Officer for such fiscal year
(“CEO 2023 Equity”), in either case allocated among time-based and all performance-based vesting conditions in the same proportions
as the CEO 2023 Equity. The calculations of values and allocations pursuant to this paragraph shall be based on the Black Scholes value
of the CEO 2023 Equity as of the grant date.

 

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(iv)             General
Terms. The exercise price per share of the option awards set forth in this Section 2(c) will be the closing price of the Company’s
Common Stock on the date such awards are granted. The awards shall be subject to the terms and conditions applicable to options granted
under the Company’s 2015 Equity Incentive Plan (the “Plan”), as described in the Plan and in each applicable award agreement.
The vesting terms and conditions of any performance-based awards will be set forth in the applicable award agreement.

 

C.             Amendments
to Section 6.

 

Sections 6(a) and
6(b) of the Employment Agreement are hereby amended and restated as follows:

 

(a)             Severance
Pay. If, during the term of this Agreement, the Employee is subject to an Involuntary Termination, then the Company shall pay the
Employee upon termination a lump sum equivalent to nine months of the Base Salary (or, if such Involuntary Termination occurs in connection
with, or within 12 months following, a Change in Control of the Company, a lump sum equivalent to 18 months of the Base Salary). If the
Company determines that Employee is a “specified employee” under Section 409A(a)(2)(B)(i) of the Internal Revenue
Code, as amended (the “Code”) when his employment terminates, then (i) the lump-sum payment under this Subsection (a),
to the extent that it is subject to Code Section 409A, will be paid on the first business day following the earlier of (1) expiration
of the six-month period measured after the termination of the Employee’s employment and (2) the date of Employee’s death.
Payments under this Agreement are intended to be exempt from the application of Code Section 409A and will be construed to the maximum
extent possible consistent with such intent. All references in this Agreement to an Involuntary Termination or termination of employment
or service shall be construed, to the greatest extent possible, as referring to a “separation from service,” as defined under
Code Section 409A and the Treasury regulations promulgated thereunder.

 

The cash Severance
payment will be made within sixty days after the Executive’s Separation; however, if such sixty-day period spans two calendar years,
then the payment will in any event be made in the second calendar year.

 

(b)             Vesting
of Equity. If, during the term of this Agreement, the Employee is subject to an Involuntary Termination, then the Employee shall become
vested in (1) an additional 50% of Employee's then-unvested Equity Awards or, if greater, (2) the vested percentage of shares
subject to Equity Awards shall be determined by adding 12 months to the actual period of Employee’s service completed with the Company.

 

Section 6(c) is
hereby amended by adding the following paragraph as a second paragraph:

 

For the avoidance
of doubt, and notwithstanding anything in this Agreement to the contrary, any greater benefits granted to the Employee pursuant to the
terms of an existing equity award shall not be superseded hereby. In addition, except as otherwise provided in Section 1(b)(iv),
the vesting conditions, including accelerated vesting in the event of an Involuntary Termination or in the event of a CIC Involuntary
Termination, applicable to performance-based equity awards shall be as set forth in the agreements applicable to such awards.

 

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Section 6(d) is
hereby amended and restated as follows:

 

(d)             Health
Insurance. If Subsection (a) above applies, and if the Employee elects to continue his health insurance coverage under the Consolidated
Omnibus Budget Reconciliation Act (“COBRA”) following the termination of his Employment, then the Company shall pay the Employee's
monthly premium under COBRA until the earliest of (i) 12 months after the Employee’s cessation of employment (18 months after
the Employee’s cessation of employment, if such Involuntary Termination occurs in connection with, or within 12 months following,
a Change in Control), (ii) the expiration of the Employee’s continuation coverage under COBRA or (iii) the date when the
Employee receives substantially equivalent health insurance coverage in connection with new employment or self-employment.

 

D.             Section 9.
The following language is appended to the Agreement as a new Section 9:

 

		9.	Golden Parachute Tax Limitation.

 

(a)             In
the event that it is determined that any payment or distribution of any type (cash, equity or otherwise) to or for the benefit of the
Employee made by the Company, by any of its affiliates, by any person who acquires ownership or effective control of the Company or ownership
of a substantial portion of the Company’s assets (within the meaning of Code Section 280G and the regulations thereunder) or
by any affiliate of such person, whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or under
any other agreement including the Employee’s equity award agreements (the “Total Payments”), would be subject to the
excise tax imposed by Code Section 4999 or any interest or penalties with respect to such excise tax (such excise tax, together with
any such interest or penalties, are collectively referred to as the “Excise Tax”), then:

 

(b)             The
Total Payments shall be made to the Employee either (i) in full or (ii) as to such lesser amount as would result in no portion
of the Total Payments being subject to Excise Tax (a “Reduced Payment”), whichever of the foregoing results in the receipt
by the Employee on an after-tax basis, of benefits of the greatest value, notwithstanding that all or some portion of the Total Payments
may be subject to the Excise Tax.

 

(c)             For
avoidance of doubt, the Total Payments shall include acceleration of vesting of Equity Awards granted by the Company that accelerate in
connection with a Change in Control of the Company, but only to the extent such acceleration of vesting is deemed a parachute payment
with respect to a change in control of the Company.

 

(d)             The
determination (the “Determination”) as to whether any of the Total Payments are “parachute payments” (within the
meaning of Code Section 280G) and whether to make a Reduced Payment shall be made by an independent accounting firm selected by the
Company (the “Accounting Firm”), which shall provide such Determination, together with detailed supporting calculations both
to the Company and to the Employee within seven business days of the Employee’s separation from service, if applicable, or such
earlier time as is requested by the Company or by the Employee (if the Employee reasonably believes that any of the Total Payments may
be subject to the Excise Tax). In any event, as promptly as practicable following the Accounting Firm’s Determination, the Company
shall pay or transfer to or for the benefit of the Employee such amounts as are then due to him and shall promptly pay or transfer to
or for the benefit of the Employee in the future such amounts as become due to him. Any determination by the Accounting Firm shall be
binding upon the Company and the Employee, absent manifest error.

 

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(e)             For
purposes of determining whether to make a Reduced Payment, if applicable, the Company shall cause to be taken into account all federal,
state and local income and employment taxes and excise taxes applicable to the Employee (including the Excise Tax). If a Reduced Payment
is made, the Company shall reduce or eliminate the Total Payments in the following order: (1) cancellation of accelerated vesting
of options with no intrinsic value, (2) reduction of cash payments, (3) cancellation of accelerated vesting of Equity Awards
other than options, (4) cancellation of accelerated vesting of options with intrinsic value and (5) reduction of other benefits
paid to the Employee. In the event that acceleration of vesting is reduced, such acceleration of vesting shall be cancelled in the reverse
order of the date of grant of the Employee’s Equity Awards. In the event that cash payments or other benefits are reduced, such
reduction shall occur in reverse order beginning with payments or benefits which are to be paid farthest in time from the date of the
Determination. For avoidance of doubt, an option will be considered to have no intrinsic value if the exercise price of the shares subject
to the option exceeds the fair market value of such shares.

 

(f)             As
a result of uncertainty in the application of Code Sections 4999 and 280G of at the time of the initial Determination by the Accounting
Firm hereunder, it is possible that payments will have been made by the Company which should not have been made (an “Overpayment”)
or that additional payments which will not have been made by the Company could have been made (an “Underpayment”), consistent
in each case with the calculation of whether and to what extent a Reduced Payment shall be made hereunder. In either event, the Accounting
Firm shall determine the amount of the Underpayment or Overpayment that has occurred. In the event that the Accounting Firm determines
that an Overpayment has occurred, such Overpayment shall be treated for all purposes as a loan to the Employee that Employee shall repay
to the Company, together with interest at the applicable federal rate provided in Code Section 7872(f)(2); provided, however,
that no amount shall be payable by the Employee to the Company if and to the extent that such payment would not reduce the amount that
is subject to taxation under Code Section 4999. In the event that the Accounting Firm determines that an Underpayment has occurred,
such Underpayment shall promptly be paid or transferred by the Company to or for the benefit of the Employee, together with interest at
the applicable federal rate provided in Code Section 7872(f)(2).

 

(g)             If
this Section 9 is applicable with respect to an Employee’s receipt of a Reduced Payment, it shall supersede any contrary provision
of any plan, arrangement or agreement governing the Employee’s rights to the Total Payments.

 

E.             No
Other Changes. This Amendment does not alter any term or condition of the Agreement other than as expressly set forth herein. If there
is any conflict between this Amendment and the Agreement, the terms of this Amendment will prevail.

 

F.             References.
All references in the Amended Employment Agreement dated June 7, 2007 to “this Agreement” shall be deemed to refer to
such Amended Employment Agreement as amended hereby.

 

G.             Counterparts.
This Amendment may be executed in counterparts, each of which shall be deemed to be an original, and all of which together shall constitute
one and the same instrument.

 

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IN
WITNESS WHEREOF, each of the parties has executed this Agreement, in the case of the Company by its duly authorized officer,
as of the day and year first above written.

 

	 	EMPLOYEE
	 	 
	 	 
	 	By:	/s/ Matthew Rabinowitz
	 	 
	 	Date: 	May 9, 2021
	 	 
	 	Name: Matthew Rabinowitz

 

	 	Personal Email Address:	 

	 	 
	 	Address: 	 
	 	 
	 	 

 

 

	 	NATERA, INC.
	 	 
	 	 
	 	By:	/s/ Todd Cozzens
	 	 
	 	Date:	May 9, 2021
	 	 
	 	Name: 	Todd Cozzens
	 	 
	 	Title: Director

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