Document:

EX-10.9

 Exhibit 10.9 

TALKSPACE, INC. 

EXECUTIVE SEVERANCE PLAN 

Talkspace, Inc., a Delaware corporation (the “Company”), has adopted this Talkspace, Inc. Executive Severance Plan, including
the attached Exhibits (the “Plan”), for the benefit of Participants (as defined below) on the terms and conditions hereinafter stated. The Plan, as set forth herein, is intended to provide severance protections to a select
group of management or highly compensated employees (within the meaning of ERISA (as defined below)) in connection with qualifying terminations of employment. 

1.    Defined Terms. Capitalized terms used but not otherwise defined herein shall have the meanings indicated
below: 
 1.1    “Base Compensation” means the Participant’s annual base salary rate in effect
immediately prior to a Qualifying Termination, disregarding any reduction which gives rise to Good Reason. 

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

1.3    “Cash Salary Severance” means the portion of a Participant’s Cash Severance that is based on
the Participant’s Base Compensation determined in accordance with Exhibit A or Exhibit B attached hereto, as applicable. 

1.4    “Cash Severance Period” means the number of months during which the Participant is entitled to
Cash Salary Severance or Cash Severance, as applicable, beginning on the Date of Termination and determined in accordance with Exhibit A or Exhibit B attached hereto, as applicable. 

1.5    “Cash Severance” means the Cash Salary Severance and, with respect to a CIC Termination, the
Incentive Compensation Severance, determined in accordance with Exhibit A or Exhibit B attached hereto, as applicable. 

1.6    “Cause” means, except as may otherwise be provided in a Participant’s employment agreement to
the extent such agreement is in effect at the relevant time, any of the following events: 
 (a)    the
Participant’s willful failure substantially to perform his or her duties and responsibilities to the Company (other than any such failure resulting from the Participant’s incapacity due to physical or mental illness or any such actual or
anticipated failure after his or her issuance of a notice of termination for Good Reason) or carry out or comply with a lawful and reasonable directive of the Company, in each case, after a written demand for performance is delivered to the
Participant by the Committee, which demand specifically identifies the manner in which the Committee believes that the Participant has not performed his or her duties; 

(b)    the Participant’s deliberate violation of a Company policy; 

(c)    the Participant’s commission of, including any entry by the Participant of a guilty or no contest plea to, any
felony under any state, federal or foreign law or any crime involving moral turpitude, or the Participant’s commission of unlawful harassment or discrimination; 

(d)    the Participant’s commission of any act of fraud, embezzlement, dishonesty or any other willful misconduct
that has caused or is reasonably expected to result in material reputational, economic or financial injury to the Company; 

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

(f)    the Participant’s willful misconduct or gross negligence with respect to any material aspect of the
Company’s business or a material breach by the Participant of his or her fiduciary duty to the Company; 

(g)    the unauthorized use or disclosure by the Participant of any proprietary information or trade secrets of the
Company or any other party to whom the Participant owes an obligation of nondisclosure as a result of his or her relationship with the Company; or 

(h)    the Participant’s willful breach of any of his or her obligations under any written agreement or covenant with
the Company. 
 The determination as to whether a Participant is being terminated for Cause shall be made in good faith by the Committee and
shall be conclusive and binding on the Participant. With respect to the foregoing definition, the term “Company” will be interpreted to include any subsidiary, parent, affiliate, or any successor thereto, if appropriate. 

1.7    “Change in Control” shall have the meaning set forth in the Company’s 2021 Incentive Award
Plan, as may be amended from time to time. 
 1.8    “CIC Protection Period” means (i) for
purposes of a Qualifying Termination by the Company without Cause, the period beginning three months prior to the date of a Change in Control and ending on and including the one-year anniversary of the date of
a Change in Control, and (ii) for purposes of a Qualifying Termination by a Participant with Good Reason, the period beginning on and including the date of a Change in Control and ending on and including the
one-year anniversary of the date of a Change in Control. 
 1.9    “CIC
Termination” means a Qualifying Termination which occurs during the CIC Protection Period. 

1.10    “Claimant” shall have the meaning set forth in Section 11.1 hereof. 

1.11    “COBRA” means the Consolidated Omnibus Budget Reconciliation Act of 1985. 

1.12    “COBRA Period” means the number of months used to calculate the COBRA Premium Payment, determined
in accordance with Exhibit A or Exhibit B attached hereto, as applicable. 

1.13    “COBRA Premium Payment” shall have the meaning set forth in Section 4.2(b) hereof. 

1.14    “Code” means the Internal Revenue Code of 1986, as amended from time to time, or any successor
thereto. 
 1.15    “Committee” means the Compensation Committee of the Board, or such other committee
as may be appointed by the Board to administer the Plan. 
 1.16    “Date of Termination” means the
effective date of the termination of the Participant’s employment. 

  
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 1.17    “Effective Date” shall have the meaning set
forth in Section 2 hereof. 
 1.18    “Employee” means an individual who is an employee of the
Company or any of its subsidiaries. 
 1.19    “Equity Award” means a Company equity-based award that
vests solely based on the passage of time granted under any equity-based award plan of the Company, including, but not limited to, the Company’s 2021 Incentive Award Plan, as may be amended from time to time. 

1.20    “ERISA” means the Employee Retirement Income Security Act of 1974, as amended, and the
regulations promulgated thereunder. 
 1.21    “Excise Tax” shall have the meaning set forth in
Section 7.1 hereof. 
 1.22    “Good Reason” means the occurrence of any one or more of the
following events without the Participant’s prior written consent, unless the Company fully corrects the circumstances constituting Good Reason (provided such circumstances are capable of correction) as provided below: 

(a)    a material diminution in the Participant’s position (including status, offices, titles and reporting
requirements), authority, duties or responsibilities, excluding for this purpose any isolated, insubstantial or inadvertent actions not taken in bad faith and which are remedied by the Company promptly after receipt of notice thereof given by the
Participant; 
 (b)    a material change in the geographic location at which the Participant performs his or her
principal duties for the Company to a new location that is more than 30 miles from the location at which the Participant performs his or her principal duties for the Company as of the date on which the Participant first becomes a Participant in the
Plan; or 
 (c)    any material reduction in Base Compensation. 

Notwithstanding the foregoing, the Participant will not be deemed to have resigned for Good Reason unless (1) the Participant provides written notice to
the Company setting forth in reasonable detail the facts and circumstances claimed by the Participant to constitute Good Reason within 90 days after the date of the occurrence of any event that the Participant knows or should reasonably have known
to constitute Good Reason; (2) the Company fails to cure such acts or omissions within 30 days following its receipt of such notice; and (3) the effective date of the Participant’s termination for Good Reason occurs no later than 60
days after the expiration of the Company’s cure period. With respect to the foregoing definition, the term “Company” will be interpreted to include any subsidiary, parent, affiliate, or any successor thereto, if appropriate. 

1.23    “Incentive Compensation Severance” means the portion of a Participant’s Cash Severance that
is based on the Participant’s Target Incentive Compensation, determined in accordance with Exhibit B attached hereto. For the avoidance of doubt, Incentive Compensation Severance shall not include a Participant’s Pro-Rata Target Bonus, if any. 
 1.24    “Independent Advisors”
shall have the meaning set forth in Section 7.2 hereof. 
 1.25    “Participant” means each
Employee who is selected by the Administrator to participate in the Plan and is provided with (and, if applicable, countersigns) a Participation Notice in accordance with the Plan, other than any Employee who, at the time of his or her termination
of employment, is covered by a plan or agreement with the Company or a subsidiary that provides for cash severance or termination benefits that explicitly supersedes and/or replaces the payments and benefits provided under this Plan. For the
avoidance of doubt, retention bonus payments, change in control bonus payments and other similar cash payments shall not constitute “cash severance” for purposes of this definition. Notwithstanding anything in this Plan to the contrary,
each of the Chief Executive Officer, the Chief Operating Officer, and the Chief Financial Officer of the Company shall be a Tier 1 Participant in the Plan. 

  
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 1.26    “Participation Notice” shall have the meaning
set forth in Section 2 hereof. 
 1.27    “Pro-Rata Target
Bonus” means the Participant’s Target Incentive Compensation for the year of termination, pro-rated by multiplying the Target Incentive Compensation by the quotient obtained by dividing
(i) the number of days during the year that the Participant was employed through the Qualifying Termination date by (ii) the total number of days in the year. 

1.28    “Qualifying Termination” means a termination of the Participant’s employment by (i) the
Company without Cause or (ii) the Participant during the CIC Protection Period for Good Reason. Notwithstanding anything contained herein, in no event shall a Participant be deemed to have experienced a Qualifying Termination (a) if such
Participant is offered and/or accepts a comparable employment position with the Company or any subsidiary, or (b) if in connection with a Change in Control or any other corporate transaction or sale of assets involving the Company or any
subsidiary, such Participant is offered and accepts a comparable employment position with the successor or purchaser entity (or an affiliate thereof), as applicable. A Qualifying Termination shall not include a termination due to the
Participant’s death or disability. 
 1.29    “Release” shall have the meaning set forth in
Section 4.4 hereof. 
 1.30    “Severance Benefits” means the severance payments and benefits to
which a Participant may become entitled pursuant to Section 4 of the Plan and Exhibit A or Exhibit B, as applicable and each as attached hereto. 

1.31    “Target Incentive Compensation” means the Participant’s target cash performance
bonus, if any, for the year in which the Date of Termination occurs. 
 1.32    “Total Payments” shall
have the meaning set forth in Section 7.1 hereof. 
 2.    Effectiveness of the Plan; Notification. The Plan
shall become effective on June 22, 2021 (the “Effective Date”). The Administrator shall, pursuant to a written notice to any Employee (a “Participation Notice”), notify each Participant that such Participant
has been selected to participate in the Plan. 
 3.    Administration. Subject to Section 13.3 hereof, the
Plan shall be interpreted, administered and operated by the Committee (the “Administrator”), which shall have complete authority, subject to the express provisions of the Plan, to interpret the Plan, to prescribe, amend and rescind
rules and regulations relating to the Plan, and to make all other determinations necessary or advisable for the administration of the Plan. The Administrator may delegate any of its duties hereunder to a subcommittee, or to such person or persons
from time to time as it may designate other than to any Participant in the Plan, and the Administrator may delegate (other than to any Participant in the Plan) its duty to provide a Participation Notice to a Participant in the Plan. All decisions,
interpretations and other actions of the Administrator (including with respect to whether a Qualifying Termination has occurred) shall be final, conclusive and binding on all parties who have an interest in the Plan. 

  
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 4.    Severance Benefits.  

4.1    Eligibility. Each Employee who qualifies as a Participant and who experiences a Qualifying Termination is
eligible to receive Severance Benefits under the Plan. 
 4.2    Qualifying Termination Payment. In the
event that a Participant experiences a Qualifying Termination (other than a CIC Termination), then, subject to the Participant’s execution and, to the extent applicable, non-revocation of a Release in
accordance with Section 4.4 hereof, and subject to any additional requirements specified in the Plan, the Company shall pay or provide to the Participant the following Severance Benefits: 

(a)    Cash Salary Severance Payment. The Company shall pay to the Participant an amount equal to
the Cash Salary Severance determined in accordance with Exhibit A attached hereto. Subject to Section 6.2 hereof, the Cash Salary Severance (as set forth on Exhibit A) shall be paid in
substantially equal installments in accordance with the Company’s normal payroll practice over the Cash Severance Period, but commencing on the first payroll date following the 60th day
following the Date of Termination (and amounts otherwise payable prior to such first payroll date shall be paid on such date without interest thereon). 

(b)    COBRA. Subject to the requirements of the Code, if the Participant properly elects healthcare
continuation coverage under the Company’s group health plans pursuant to COBRA, to the extent that the Participant is eligible to do so, then the Company shall directly pay or, at its election, reimburse the Participant for the COBRA premiums
for the Participant and the Participant’s covered dependents (in an amount determined based on the same benefit levels as would have applied if the Participant’s employment had not been terminated based on the Participant’s elections
in effect on the Date of Termination) until the earlier of the end of the month during which the Participant’s COBRA Period, determined in accordance with Exhibit A attached hereto, ends or the date the Participant
becomes eligible for healthcare coverage under a subsequent employer’s health plan (the “COBRA Premium Payment”). Notwithstanding the foregoing, (i) if any plan pursuant to which such benefits are provided is not, or
ceases prior to the expiration of the period of continuation coverage to be, exempt from the application of Code Section 409A under Treasury Regulation Section 1.409A-1(a)(5), or (ii) the
Company is otherwise unable to continue to cover the Participant under its group health plans without penalty under applicable law (including without limitation, Section 2716 of the Public Health Service Act), then, in either case, an amount
equal to each remaining Company reimbursement shall thereafter be paid to the Participant in substantially equal monthly installments over the COBRA Period (or the remaining portion thereof). 

4.3    CIC Termination Payment. In the event that a Participant experiences a CIC Termination, then, subject to the
Participant’s execution and, to the extent applicable, non-revocation of a Release in accordance with Section 4.4 hereof, and subject to any additional requirements specified in the Plan: 

(a)    The Company shall pay or provide to the Participant, as applicable, an amount equal to the Cash Severance
determined in accordance with Exhibit B attached hereto. Subject to Section 6.2 hereof, the Cash Severance (as set forth on Exhibit B) shall be paid in substantially equal installments in accordance with the Company’s normal
payroll practice over the Cash Severance Period, but commencing on the first payroll date following the 60th day following the Date of Termination (and amounts otherwise payable prior to such
first payroll date shall be paid on such date without interest thereon); provided, that in the event the CIC Termination occurs prior to a Change in Control, then any incremental Cash Severance that would have been payable between the Date of
Termination and the Change in Control date (i.e., incremental Cash Severance above the Cash Severance payable upon a Qualifying Termination that is not a CIC Termination) instead shall be paid in a single lump sum on the date of the Change in
Control; 

  
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 (b)    The Company shall provide to the Participant the COBRA Premium
Payment set forth in Section 4.2(b) hereof; provided, however, that the COBRA Period shall be determined in accordance with Exhibit B attached hereto (instead of in accordance with Exhibit A); 

(c)    The Company shall pay or provide to the Participant, as applicable, the Participant’s Pro-Rata Target Bonus, payable in a single lump sum no later than the 60th day following the Date of Termination in accordance with the Company’s normal
payroll practice; and 
 (d)    Each outstanding Equity Award held by the Participant as of his or her Date of
Termination shall vest as specified in Exhibit B, and, as applicable, become exercisable upon the later of the effectiveness of the Release and as of immediately prior to the consummation of a Change in Control. 

4.4    Release. Notwithstanding anything herein to the contrary, no Participant shall be eligible or entitled to
receive or retain any Severance Benefits under the Plan unless he or she executes a general release of claims substantially in the form attached hereto as Exhibit C (the “Release”) within 21 days (or 45
days if necessary to comply with applicable law) after the Date of Termination and, if he or she is entitled to a seven day post-signing revocation period under applicable law, does not revoke such Release during such seven day period. 

5.    Limitations. Notwithstanding any provision of the Plan to the contrary, if a Participant’s status as an
Employee is terminated for any reason other than due to a Qualifying Termination, the Participant shall not be entitled to receive any Severance Benefits under the Plan, and the Company shall not have any obligation to such Participant under the
Plan. 
 6.    Section 409A. 

6.1    General. To the extent applicable, the Plan shall be interpreted and applied consistent and in accordance
with Code Section 409A and Department of Treasury regulations and other interpretive guidance issued thereunder. Notwithstanding any provision of the Plan to the contrary, to the extent that the Administrator determines that any payments or
benefits under the Plan may not be either compliant with or exempt from Code Section 409A and related Department of Treasury guidance, the Administrator may in its sole discretion adopt such amendments to the Plan or take such other actions
that the Administrator determines are necessary or appropriate to (a) exempt the compensation and benefits payable under the Plan from Code Section 409A and/or preserve the intended tax treatment of such compensation and benefits, or
(b) comply with the requirements of Code Section 409A and related Department of Treasury guidance; provided, however, that this Section 6.1 shall not create any obligation on the part of the Administrator to adopt any
such amendment or take any other action, nor shall the Company have any liability for failing to do so. 

6.2    Potential Six-Month Delay. Notwithstanding anything to the contrary
in the Plan, no amounts shall be paid to any Participant under the Plan during the six-month period following such Participant’s “separation from service” (within the meaning of Code
Section 409A(a)(2)(A)(i) and Treasury Regulation Section 1.409A-1(h)) to the extent that the Administrator determines that paying such amounts at the time or times indicated in the Plan would result
in a prohibited distribution under Code Section 409A(a)(2)(B)(i). If the payment of any such amounts is delayed as a result of the previous sentence, then on the first business day following the end of such
six-month period (or such earlier date upon which such amount can be paid under Code Section 409A without resulting in a prohibited distribution, including as a result of the Participant’s death),
the Participant shall receive payment of a lump-sum amount equal to the cumulative amount that would have otherwise been payable to the Participant during such six-month
period without interest thereon. 

  
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 6.3    Separation from Service. A termination of employment shall
not be deemed to have occurred for purposes of any provision of the Plan providing for the payment of any amounts or benefits that constitute “nonqualified deferred compensation” under Code Section 409A upon or following a termination
of employment unless such termination is also a “separation from service” within the meaning of Code Section 409A and, for purposes of any such provision of the Plan, references to a “termination,” “termination of
employment” or like terms shall mean “separation from service”. 
 6.4    Reimbursements. To the
extent that any payments or reimbursements provided to a Participant under the Plan are deemed to constitute compensation to the Participant to which Treasury Regulation Section 1.409A-3(i)(1)(iv) would
apply, such amounts shall be paid or reimbursed reasonably promptly, but not later than December 31st of the year following the year in which the expense was incurred. The amount of any such payments eligible for reimbursement in one year shall
not affect the payments or expenses that are eligible for payment or reimbursement in any other taxable year, and the Participant’s right to such payments or reimbursement of any such expenses shall not be subject to liquidation or exchange for
any other benefit. 
 6.5    Installments. For purposes of applying the provisions of Code Section 409A to
the Plan, each separately identified amount to which a Participant is entitled under the Plan shall be treated as a separate payment. In addition, to the extent permissible under Code Section 409A, the right to receive any installment payments
under the Plan shall be treated as a right to receive a series of separate payments and, accordingly, each such installment payment shall at all times be considered a separate and distinct payment as permitted under Treasury Regulation Section 1.409A-2(b)(2)(iii). Whenever a payment under the Plan specifies a payment period with reference to a number of days, the actual date of payment within the specified period shall be within the sole
discretion of the Company. 
 7.    Limitation on Payments. 

7.1    Best Pay Cap. Notwithstanding any other provision of the Plan, in the event that any payment or benefit
received or to be received by a Participant (including any payment or benefit received in connection with a termination of the Participant’s employment, whether pursuant to the terms of the Plan or any other plan, arrangement or agreement) (all
such payments and benefits, including the Severance Benefits, being hereinafter referred to as the “Total Payments”) would be subject (in whole or part), to the excise tax imposed under Code Section 4999 (the “Excise
Tax”), then, after taking into account any reduction in the Total Payments provided by reason of Code Section 280G in such other plan, arrangement or agreement, the Cash Severance benefits under the Plan shall first be reduced, and any
noncash severance payments shall thereafter be reduced, to the extent necessary so that no portion of the Total Payments is subject to the Excise Tax but only if (a) the net amount of such Total Payments, as so reduced (and after subtracting
the net amount of federal, state and local income taxes on such reduced Total Payments and after taking into account the phase out of itemized deductions and personal exemptions attributable to such reduced Total Payments) is greater than or equal
to (b) the net amount of such Total Payments without such reduction (but after subtracting the net amount of federal, state and local income taxes on such Total Payments and the amount of Excise Tax to which the Participant would be subject in
respect of such unreduced Total Payments and after taking into account the phase out of itemized deductions and personal exemptions attributable to such unreduced Total Payments). 

  
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 7.2    Certain Exclusions. For purposes of determining whether
and the extent to which the Total Payments will be subject to the Excise Tax, (a) no portion of the Total Payments, the receipt or retention of which the Participant has waived at such time and in such manner so as not to constitute a
“payment” within the meaning of Code Section 280G(b), will be taken into account; (b) no portion of the Total Payments will be taken into account which, in the written opinion of an independent, nationally recognized accounting
firm (the “Independent Advisors”) selected by the Company, does not constitute a “parachute payment” within the meaning of Code Section 280G(b)(2) (including by reason of Code Section 280G(b)(4)(A)) and, in
calculating the Excise Tax, no portion of such Total Payments will be taken into account which, in the opinion of Independent Advisors, constitutes reasonable compensation for services actually rendered, within the meaning of Code
Section 280G(b)(4)(B), in excess of the “base amount” (as defined in Code Section 280G(b)(3)) allocable to such reasonable compensation; and (c) the value of any non-cash benefit or
any deferred payment or benefit included in the Total Payments shall be determined by the Independent Advisors in accordance with the principles of Code Sections 280G(d)(3) and (4). 

8.    No Mitigation. No Participant shall be required to seek other employment or attempt in any way to reduce or
mitigate any Severance Benefits payable under the Plan and the amount of any such Severance Benefits shall not be reduced by any other compensation paid or provided to any Participant following such Participant’s termination of employment. 

9.    Successors. 

9.1    Company Successors. The Plan shall inure to the benefit of and shall be binding upon the Company and its
successors and assigns. Any successor (whether direct or indirect and whether by purchase, lease, merger, consolidation, liquidation or otherwise) to all or substantially all of the Company’s business and/or assets shall assume and agree to
perform the obligations of the Company under the Plan. 
 9.2    Participant Successors. The Plan shall inure to
the benefit of and be enforceable by each Participant’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, legatees or other beneficiaries. If a Participant dies while any amount remains
payable to such Participant hereunder, all such amounts shall be paid in accordance with the terms of the Plan to the executors, personal representatives or administrators of such Participant’s estate. 

10.    Notices. All communications relating to matters arising under the Plan shall be in writing and shall be
deemed to have been duly given when hand delivered, faxed, emailed or mailed by reputable overnight carrier or United States certified mail, return receipt requested, addressed, if to a Participant, to the address or email address on file with the
Company or to such other address or email address as the Participant may have furnished to the other in writing in accordance herewith and, if to the Company, to such address or email address as may be specified from time to time by the
Administrator, except that notice of change of address shall be effective only upon actual receipt. 
 11.    Claims
Procedure; Arbitration. 
 11.1    Claims. Generally, Participants are not required to present a formal claim
in order to receive benefits under the Plan. If, however, any person (the “Claimant”) believes that benefits are being denied improperly, that the Plan is not being operated properly, that fiduciaries of the Plan have breached their
duties, or that the Claimant’s legal rights are being violated with respect to the Plan, the Claimant must file a formal claim, in writing, with the Administrator. This requirement applies to all claims that any Claimant has with respect to the
Plan, including claims against fiduciaries and former fiduciaries, except to the extent the Administrator determines, in its sole discretion that it does not have the power to grant all relief reasonably being sought by the Claimant. A formal claim
must be filed within 90 days after the date the Claimant first knew or should have known of the facts on which the claim is based, unless the Administrator consents otherwise in writing. The Administrator shall provide a Claimant, on request, with a
copy of the claims procedures established under Section 11.2 hereof. 

  
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 11.2    Claims Procedure. The Administrator has adopted
procedures for considering claims (which are set forth in Exhibit D attached hereto), which it may amend or modify from time to time, as it sees fit. These procedures shall comply with all applicable legal requirements.
These procedures may provide that final and binding arbitration shall be the ultimate means of contesting a denied claim (even if the Administrator or its delegates have failed to follow the prescribed procedures with respect to the claim). The
right to receive benefits under the Plan is contingent on a Claimant using the prescribed claims and arbitration procedures to resolve any claim. 

12.    Covenants. 

12.1    Restrictive Covenants. A Participant’s right to receive and/or retain the Severance Benefits payable
under this Plan is conditioned upon and subject to the Participant’s continued compliance with any restrictive covenants (e.g., confidentiality, non-solicitation,
non-disparagement) contained in any other written agreement between the Participant and the Company, as in effect on the date of the Participant’s Qualifying Termination. 

12.2    Return of Property. A Participant’s right to receive and/or retain the Severance Benefits payable
under the Plan is conditioned upon the Participant’s return to the Company of all Company documents (and all copies thereof) and other Company property (in each case, whether physical, electronic or otherwise) in the Participant’s
possession or control. 
 13.    Miscellaneous. 

13.1    Entire Plan; Relation to Other Agreements. The Plan, together with any Participation Notice issued in
connection with the Plan, contains the entire understanding of the parties relating to the subject matter hereof and supersedes any prior agreement, arrangement and understanding between any Participant, on the one hand, and the Company and/or any
subsidiary, on the other hand, with respect to the subject matter hereof. Severance payable under the Plan is not intended to duplicate any other severance benefits payable to a Participant by the Company. By participating in the Plan and accepting
the Severance Benefits hereunder, the Participant acknowledges and agrees that any prior agreement, arrangement and understanding between any Participant, on the one hand, and the Company and/or any subsidiary, on the other hand, with respect to the
subject matter hereof is hereby revoked and ineffective with respect to the Participant (including with respect to any severance arrangement contained in an effective employment agreement, employment letter agreement by and between the Participant
and the Company (and/or any subsidiary)). 
 13.2    No Right to Continued Service. Nothing contained in the Plan
shall (a) confer upon any Participant any right to continue as an employee of the Company or any subsidiary, (b) constitute any contract of employment or agreement to continue employment for any particular period, or (c) interfere in
any way with the right of the Company to terminate a service relationship with any Participant, with or without Cause. 

  
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 13.3    Termination and Amendment of Plan. The Plan may not be
amended, modified, suspended or terminated except with the express written consent of each Participant who would be adversely affected by any such amendment, modification, suspension or termination. 

13.4    Survival. Section 7 (Limitation on Payments), Section 11 (Claims Procedure; Arbitration) and
Section 12 (Covenants) hereof shall survive the termination or expiration of the Plan and shall continue in effect. 

13.5    Severance Benefit Obligations. Notwithstanding anything contained herein, Severance Benefits paid or
provided under the Plan may be paid or provided by the Company or any subsidiary employer, as applicable. 

13.6    Withholding. The Company shall have the authority and the right to deduct and withhold an amount sufficient
to satisfy federal, state, local and foreign taxes required by law to be withheld with respect to any Severance Benefits payable under the Plan. 

13.7    Benefits Not Assignable. Except as otherwise provided herein or by law, no right or interest of any
Participant under the Plan shall be assignable or transferable, in whole or in part, either directly or by operation of law or otherwise, including without limitation by execution, levy, garnishment, attachment, pledge or in any manner; no attempted
assignment or transfer thereof shall be effective; and no right or interest of any Participant under the Plan shall be liable for, or subject to, any obligation or liability of such Participant. When a payment is due under the Plan to a Participant
who is unable to care for his or her affairs, payment may be made directly to his or her legal guardian or personal representative. 

13.8    Applicable Law. The Plan is intended to be an unfunded “top hat” pension plan within the meaning
of U.S. Department of Labor Regulation Section 2520.104-23 and shall be interpreted, administered, and enforced as such in accordance with ERISA. To the extent that state law is applicable, the statutes
and common law of the State of Delaware, excluding any that mandate the use of another jurisdiction’s laws, will apply. 

13.9    Validity. The invalidity or unenforceability of any provision of the Plan shall not affect the validity or
enforceability of any other provision of the Plan, which shall remain in full force and effect. 

13.10    Captions. The captions contained in the Plan are for convenience only and shall have no bearing on the
meaning, construction or interpretation of the Plan’s provisions. 
 13.11    Expenses. The expenses of
administering the Plan shall be borne by the Company or its successor, as applicable. 
 13.12    Unfunded Plan.
The Plan shall be maintained in a manner to be considered “unfunded” for purposes of ERISA. The Company shall be required to make payments only as benefits become due and payable. No person shall have any right, other than the right of an
unsecured general creditor against the Company, with respect to the benefits payable hereunder, or which may be payable hereunder, to any Participant, surviving spouse or beneficiary hereunder. If the Company, acting in its sole discretion,
establishes a reserve or other fund associated with the Plan, no person shall have any right to or interest in any specific amount or asset of such reserve or fund by reason of amounts which may be payable to such person under the Plan, nor shall
such person have any right to receive any payment under the Plan except as and to the extent expressly provided in the Plan. The assets in any such reserve or fund shall be part of the general assets of the Company, subject to the control of the
Company. 

  
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 11 

 I hereby certify that the foregoing Plan was duly adopted by the Board of Directors of
Talkspace, Inc. on June 22, 2021. 
  

			
	Signature:	 	  

	Name:	 	
	Title:	 	

  
 S-1 

 EXHIBIT A 

CALCULATION OF QUALIFYING TERMINATION SEVERANCE AMOUNTS 
  

							
	 Tier
	 	 Cash Salary Severance
	 	Cash Severance Period	 	COBRA Period (1)
	1	 	100% Base Compensation	 	12 months	 	12 months
				
	2	 	50% Base Compensation	 	6 months	 	6 months

  

	(1)	 COBRA Period begins on the first day of the calendar month following the calendar month in which the Date of
Termination occurs. 

  
 Exh. A-1 

 EXHIBIT B 

CALCULATION OF CIC TERMINATION SEVERANCE AMOUNTS 
  

											
	 Tier
	 	 Cash

Severance
	 	Cash Severance Period	 	Pro-Rata Target Bonus	 	Equity
Acceleration	 	COBRA Period (1)
	1	 	200% Base Compensation + 200% Target Incentive Compensation	 	24 months	 	Pro-Rata Target
Bonus	 	Full vesting
acceleration of Equity
Awards.	 	18 months
	2	 	100% Base Compensation + 100% Target Incentive Compensation	 	12 months	 	12 months

  

	(1)	 COBRA Period begins on the first day of the calendar month following the calendar month in which the Date of
Termination occurs. 

  
 Exh. B-1 

 EXHIBIT C 

FORM OF RELEASE 

[To be attached] 

  
 Exh. C-1 

 EXHIBIT D 

DETAILED CLAIMS PROCEDURES 

Section 1.1.    Claim Procedure. Claims for benefits under the Plan shall be administered in accordance with Section 503
of ERISA and the Department of Labor Regulations thereunder. The Administrator shall have the right to delegate its duties under this Exhibit and all references to the Administrator shall be a reference to any such delegate, as well. The
Administrator shall make all determinations as to the rights of any Participant, beneficiary, alternate payee or other person who makes a claim for benefits under the Plan (each, a “Claimant”). A Claimant may authorize a
representative to act on his or her behalf with respect to any claim under the Plan. A Claimant who asserts a right to any benefit under the Plan he has not received, in whole or in part, must file a written claim with the Administrator. All written
claims shall be submitted to the head of Human Resources of Talkspace, Inc. 
 (a)    Regular Claims Procedure.
The claims procedure in this subsection (a) shall apply to all claims for Plan benefits. 
 (1)    Timing of
Denial. If the Administrator denies a claim in whole or in part (an “adverse benefit determination”), then the Administrator will provide notice of the decision to the Claimant within a reasonable period of time, not to exceed
90 days after the Administrator receives the claim, unless the Administrator determines that an extension of time for processing is required. In the event that the Administrator determines that such an extension is required, written notice of the
extension will be furnished to the Claimant before the end of the initial 90 day review period. The extension will not exceed a period of 90 days from the end of the initial 90 day period, and the extension notice will indicate the special
circumstances requiring such extension of time and the date by which the Administrator expects to render the benefit decision. 

(2)    Denial Notice. The Administrator shall provide every Claimant who is denied a claim for benefits with a
written or electronic notice of its decision. The notice will set forth, in a manner to be understood by the Claimant: 
  

	 	(i)	 the specific reason or reasons for the adverse benefit determination; 

 

	 	(ii)	 reference to the specific Plan provisions on which the determination is based; 

 

	 	(iii)	 a description of any additional material or information necessary for the Claimant to perfect the claim and an
explanation as to why such information is necessary; and 

  

	 	(iv)	 an explanation of the Plan’s appeal procedure and the time limits applicable to such procedures, including
a statement of the Claimant’s right to bring an action under Section 502(a) of ERISA after receiving a final adverse benefit determination upon appeal. 

(3)    Appeal of Denial. The Claimant may appeal an initial adverse benefit determination by submitting a written
appeal to the Administrator within 60 days of receiving notice of the denial of the claim. The Claimant: 
  

	 	(i)	 may submit written comments, documents, records and other information relating to the claim for benefits;

  
 Exh. D-1 

	 	(ii)	 will be provided, upon request and without charge, reasonable access to and copies of all documents, records
and other information relevant to the Claimant’s claim for benefits; and 

  

	 	(iii)	 will receive a review that takes into account all comments, documents, records and other information submitted
by the Claimant relating to the appeal, without regard to whether such information was submitted or considered in the initial benefit determination. 

(4)    Decision on Appeal. The Administrator will conduct a full and fair review of the claim and the initial
adverse benefit determination. The Administrator holds regularly scheduled meetings at least quarterly. The Administrator shall make a benefit determination no later than the date of the regularly scheduled meeting that immediately follows the
Plan’s receipt of an appeal request, unless the appeal request is filed within 30 days preceding the date of such meeting. In such case, a benefit determination may be made by no later than the date of the second regularly scheduled meeting
following the Plan’s receipt of the appeal request. If special circumstances require a further extension of time for processing, a benefit determination shall be rendered no later than the third regularly scheduled meeting of the Administrator
following the Plan’s receipt of the appeal request. If such an extension of time for review is required, the Administrator shall provide the Claimant with written notice of the extension, describing the special circumstances and the date as of
which the benefit determination will be made, prior to the commencement of the extension. The Administrator generally cannot extend the review period any further unless the Claimant voluntarily agrees to a longer extension. The Administrator shall
notify the Claimant of the benefit determination as soon as possible but not later than five days after it has been made. 

(5)    Notice of Determination on Appeal. The Administrator shall provide the Claimant with written or electronic
notification of its benefit determination on review. In the case of an adverse benefit determination, the notice shall set forth, in a manner intended to be understood by the Claimant: 

 

	 	(i)	 the specific reason or reasons for the adverse benefit determination; 

 

	 	(ii)	 reference to the specific Plan provisions on which the adverse benefit determination is based;

  

	 	(iii)	 a statement that the Claimant is entitled to receive, upon request and without charge, reasonable access to,
and copies of, all documents, records and other information relevant to the claim for benefits; 

  

	 	(iv)	 a statement describing any voluntary appeal procedures offered by the Plan and the Claimant’s right to
obtain the information about such procedures; and 

  

	 	(v)	 a statement of the Claimant’s right to bring an action under Section 502(a) of ERISA.

 (b)     Exhaustion; Judicial Proceedings. No action at law or in equity shall be brought to
recover benefits under the Plan until the claim and appeal rights described in the Plan have been exercised and the Plan benefits requested in such appeal have been denied in whole or in part. If any judicial proceeding is undertaken to appeal the
denial of a claim or bring any other action under ERISA other than a breach of fiduciary claim, the evidence presented may be strictly limited to the evidence timely presented to the Administrator. Any such judicial proceeding must be filed by the
earlier of: (a) one year after the Administrator’s final decision regarding the claim appeal or (b) one year after the Participant or other Claimant commenced payment of the Plan benefits at issue in the judicial proceeding. The
jurisdiction and venue for any judicial proceedings arising under or relating to the Plan will be exclusively in the courts in California, including the federal courts located there should federal jurisdiction exist. This paragraph (c) shall
not be construed to prohibit the enforcement of any arbitration agreements. 

  
 Exh. D-2 

 (c)    Administrator’s Decision is Binding. Benefits under
the Plan shall be paid only if the Administrator decides in its sole discretion that a Claimant is entitled to them. In determining claims for benefits, the Administrator has the authority to interpret the Plan, to resolve ambiguities, to make
factual determinations, and to resolve questions relating to eligibility for and amount of benefits. Subject to applicable law, any decision made in accordance with the above claims procedures is final and binding on all parties and shall be given
the maximum possible deference allowed by law. A misstatement or other mistake of fact shall be corrected when it becomes known and the Administrator shall make such adjustment on account thereof as it considers equitable and practicable. 

  
 Exh. D-3EX-10.11

 Exhibit 10.11 

 
  

2014 STOCK INCENTIVE PLAN 

OF 

GROOP INTERNET PLATFORM INC. 

  
 i 

 TABLE OF CONTENTS 

 

									
	 	 	 	  	 	  	PAGE	 
			
	1.	 	 Purpose
	  	 	1	 
	2.	 	 Eligibility
	  	 	1	 
	3.	 	 Administration and Delegation
	  	 	1	 
	    (a)	 		  	 Administration by the Board
	  	 	1	 
	    (b)	 		  	 Appointment of Committees
	  	 	2	 
	4.	 	 Stock Available for Awards
	  	 	2	 
	    (a)	 		  	 Number of Shares
	  	 	2	 
	    (b)	 		  	 Substitute Awards
	  	 	2	 
	5.	 	 Stock Options
	  	 	2	 
	    (a)	 		  	 General
	  	 	2	 
	    (b)	 		  	 Incentive Stock Options
	  	 	2	 
	    (c)	 		  	 Exercise Price
	  	 	3	 
	    (d)	 		  	 Duration of Options
	  	 	3	 
	    (e)	 		  	 Exercise of Options
	  	 	3	 
	    (f)	 		  	 Payment Upon Exercise
	  	 	4	 
	6.	 	 Stock Appreciation Rights
	  	 	4	 
	    (a)	 		  	 General
	  	 	4	 
	    (b)	 		  	 Measurement Price
	  	 	5	 
	    (c)	 		  	 Duration of SARs
	  	 	5	 
	    (d)	 		  	 Exercise of SARs
	  	 	5	 
	7.	 	 Restricted Stock; Restricted Stock Units
	  	 	5	 
	    (a)	 		  	 General
	  	 	5	 
	    (b)	 		  	 Terms and Conditions for All Restricted Stock Awards
	  	 	5	 
	    (c)	 		  	 Additional Provisions Relating to Restricted Stock
	  	 	5	 
	    (d)	 		  	 Additional Provisions Relating to Restricted Stock Units
	  	 	6	 
	8.	 	 Other Stock-Based Awards
	  	 	6	 
	    (a)	 		  	 General
	  	 	6	 
	    (b)	 		  	 Terms and Conditions
	  	 	6	 
	9.	 	 Adjustments for Changes in Common Stock and Certain Other Events
	  	 	6	 
	    (a)	 		  	 Changes in Capitalization
	  	 	6	 
	    (b)	 		  	 Reorganization Events
	  	 	7	 
	10.	 	 General Provisions Applicable to Awards
	  	 	9	 
	    (a)	 		  	 Transferability of Awards
	  	 	9	 
	    (b)	 		  	 Documentation
	  	 	9	 
	    (c)	 		  	 Board Discretion
	  	 	9	 
	    (d)	 		  	 Termination of Status
	  	 	9	 
	    (e)	 		  	 Withholding
	  	 	9	 
	    (f)	 		  	 Amendment of Award
	  	 	10	 
	    (g)	 		  	 Conditions on Delivery of Stock
	  	 	10	 
	    (h)	 		  	 Acceleration
	  	 	10	 
	11.	 	 Miscellaneous
	  	 	11	 
	    (a)	 		  	 No Right To Employment or Other Status
	  	 	11	 
	    (b)	 		  	 No Rights As Stockholder
	  	 	11	 

  
 ii 

									
	    (c)	 		  	 Effective Date and Term of Plan
	  	 	11	 
	    (d)	 		  	 Amendment of Plan
	  	 	11	 
	    (e)	 		  	 Authorization of Sub-Plans (including Grants to non-U.S. Employees)
	  	 	11	 
	    (f)	 		  	 Compliance with Section 409A of the Code
	  	 	11	 
	    (g)	 		  	 Limitations on Liability
	  	 	12	 
	    (h)	 		  	 Governing Law
	  	 	12	 

  
 iii 

 2014 STOCK INCENTIVE PLAN 

OF 

GROOP INTERNET PLATFORM INC. 

1.    Purpose 
 The
purpose of this 2014 Stock Incentive Plan (the “Plan”) of Groop Internet Platform Inc., a Delaware corporation (the “Company”), is to advance the interests of the Company’s stockholders by enhancing the
Company’s ability to attract, retain and motivate persons who are expected to make important contributions to the Company and by providing such persons with equity ownership opportunities and performance-based incentives that are intended to
better align the interests of such persons with those of the Company’s stockholders. Except where the context otherwise requires, the term “Company” shall include any of the Company’s present or future parent or subsidiary
corporations as defined in Sections 424(e) or (f) of the Internal Revenue Code of 1986, as amended, and any regulations thereunder (the “Code”) and any other business venture (including, without limitation, joint venture or
limited liability company) in which the Company has a controlling interest, as determined by the Board of Directors of the Company (the “Board”); provided, however, that such other business ventures shall be limited to
entities that, where required by Section 409A of the Code, are eligible issuers of service recipient stock (as defined in Treas. Reg. Section 1.409A-1(b)(5)(iii)(E), or applicable successor regulation). 

2.    Eligibility 

All of the Company’s employees, officers and directors, as well as consultants and advisors to the Company (as such terms consultants and
advisors are defined and interpreted for purposes of Rule 701 under the Securities Act of 1933, as amended (the “Securities Act”) (or any successor rule)) are eligible to be granted Awards under the Plan. Each person who is granted
an Award under the Plan is deemed a “Participant.” “Award” means Options (as defined in Section 5), SARs (as defined in Section 6), Restricted Stock (as defined in Section 7), Restricted Stock Units
(as defined in Section 7) and Other Stock-Based Awards (as defined in Section 8). 
 3.    Administration and
Delegation 
 (a)     Administration by the Board. The Plan will be administered by the Board. The Board shall
have authority to grant Awards and to adopt, amend and repeal such administrative rules, guidelines and practices relating to the Plan as it shall deem advisable. The Board may construe and interpret the terms of the Plan and any Award agreements
entered into under the Plan. The Board may correct any defect, supply any omission or reconcile any inconsistency in the Plan or any Award in the manner and to the extent it shall deem expedient to carry the Plan into effect and it shall be the sole
and final judge of such expediency. All decisions by the Board shall be made in the Board’s sole discretion and shall be final and binding on all persons having or claiming any interest in the Plan or in any Award. 

  
 1 

 (b)     Appointment of Committees. To the extent permitted by
applicable law, the Board may delegate any or all of its powers under the Plan to one or more committees or subcommittees of the Board (each, a “Committee”). All references in the Plan to the “Board” shall mean the
Board or a Committee of the Board to the extent that the Board’s powers or authority under the Plan have been delegated to such Committee. 

4.    Stock Available for Awards 

(a)     Number of Shares. Subject to adjustment under Section 9, Awards may be made under the Plan for up to
3,035,321 shares of common stock, $0.001 par value per share, of the Company (the “Common Stock”), any or all of which Awards may be in the form of Incentive Stock Options (as defined in Section 5(b)). If any Award expires or
is terminated, surrendered or canceled without having been fully exercised, is forfeited in whole or in part (including as the result of shares of Common Stock subject to such Award being repurchased by the Company at the original issuance price
pursuant to a contractual repurchase right), or results in any Common Stock not being issued, the unused Common Stock covered by such Award shall again be available for the grant of Awards under the Plan. Further, shares of Common Stock tendered to
the Company by a Participant to exercise an Award or to satisfy tax withholding obligations arising with respect to an Award shall be added to the number of shares of Common Stock available for the grant of Awards under the Plan. However, in the
case of Incentive Stock Options, the two immediately preceding sentences shall be subject to any limitations under the Code. Shares issued under the Plan may consist in whole or in part of authorized but unissued shares or treasury shares. 

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

(a)     General. The Board may grant options to purchase Common Stock (each, an “Option”) and
determine the number of shares of Common Stock to be covered by each Option, the exercise price of each Option and the conditions and limitations applicable to the exercise of each Option, including conditions relating to applicable federal or state
securities laws, as it considers necessary or advisable. 
 (b)     Incentive Stock Options. An Option that the
Board intends to be an “incentive stock option” as defined in Section 422 of the Code (an “Incentive Stock Option”) shall only be granted to employees of Groop Internet Platform Inc., any of Groop Internet Platform
Inc.’s present or future parent or subsidiary corporations as defined in Sections 424(e) or (f) of the Code, and any other entities the employees of which are eligible to receive Incentive Stock Options under the Code, and shall be subject
to and shall be construed consistently with the requirements of Section 422 of the Code. An Option that is not intended to be an Incentive Stock Option shall be designated a “Nonstatutory Stock Option.” The Company shall have
no liability to a Participant, or any other party, if an Option (or any part thereof) that is intended to be an Incentive Stock Option is not an Incentive Stock Option or if the Company converts an Incentive Stock Option to a Nonstatutory Stock
Option. 
  

  
 2 

 (c)     Exercise Price. The Board shall establish the exercise
price of each Option and specify the exercise price in the applicable Option agreement. The exercise price shall be not less than 100% of the fair market value per share of Common Stock, as determined by (or in a manner approved by) the Board
(“Fair Market Value”), on the date the Option is granted. “Fair Market Value” of a share of Common Stock for purposes of the Plan will be determined as follows: 

(1)     if the Common Stock is not publicly traded, the Board will determine the Fair Market Value for purposes of the
Plan using any measure of value it determines to be appropriate (including, as it considers appropriate, relying on appraisals) in a manner consistent with the valuation principles under Code Section 409A, except as the Board may expressly
determine otherwise; 
 (2)     if the Common Stock trades on a national securities exchange, the closing sale price
(for the primary trading session) on the date of grant; or 
 (3)     if the Common Stock does not trade on any such
exchange, the average of the closing bid and asked prices as reported by an authorized OTCBB market data vendor as listed on the OTCBB website (otcbb.com) on the date of grant. 

For any date that is not a trading day, the Fair Market Value of a share of Common Stock for such date will be determined by using the closing
sale price or average of the bid and asked prices, as appropriate, for the immediately preceding trading day and with the timing in the formulas above adjusted accordingly. The Board can substitute a particular time of day or other measure of
“closing sale price” or “bid and asked prices” if appropriate because of exchange or market procedures or can, in its sole discretion, use weighted averages either on a daily basis or such longer period as complies with Code
Section 409A. 
 The Board has sole discretion to determine the Fair Market Value for purposes of the Plan, and all Awards are
conditioned on the participants’ agreement that the Administrator’s determination is conclusive and binding even though others might make    a different determination. 

(d)     Duration of Options. Each Option shall be exercisable at such times and subject to such terms and
conditions as the Board may specify in the applicable option agreement; provided, however, that no Option will be granted with a term in excess of 10 years. 

(e)     Exercise of Options. Options may be exercised by delivery to the Company of a notice of exercise in a form
of notice (which may be electronic) approved by the Company, together with payment in full (in a manner specified in Section 5(f)) of the exercise price for the number of shares for which the Option is exercised. Shares of Common Stock subject
to the Option will be delivered by the Company as soon as practicable following exercise. 

  
 3 

 (f)    Payment Upon Exercise. Common Stock purchased upon the
exercise of an Option granted under the Plan shall be paid for as follows: 
 (1)    in cash or by check, payable to the
order of the Company; 
 (2)     when the Common Stock is registered under the Securities Exchange Act of 1934, as
amended (the “Exchange Act”), except as may otherwise be provided in the applicable Option agreement or approved by the Board, in its sole discretion, by (i) delivery of an irrevocable and unconditional undertaking by a
creditworthy broker to deliver promptly to the Company sufficient funds to pay the exercise price and any required tax withholding or (ii) delivery by the Participant to the Company of a copy of irrevocable and unconditional instructions to a
creditworthy broker to deliver promptly to the Company cash or a check sufficient to pay the exercise price and any required tax withholding; 

(3)     when the Common Stock is registered under the Exchange Act and to the extent provided for in the applicable Option
agreement or approved by the Board, in its sole discretion, by delivery (either by actual delivery or attestation) of shares of Common Stock owned by the Participant valued at their Fair Market Value, provided (i) such method of payment
is then permitted under applicable law, (ii) such Common Stock, if acquired directly from the Company, was owned by the Participant for such minimum period of time, if any, as may be established by the Board in its discretion and
(iii) such Common Stock is not subject to any repurchase, forfeiture, unfulfilled vesting or other similar requirements; 

(4)     to the extent provided for in the applicable Nonstatutory Stock Option agreement or approved by the Board in its
sole discretion, by delivery of a notice of “net exercise” to the Company, as a result of which the Participant would pay the exercise price for the portion of the Option being exercised by cancelling a portion of the Option for such
number of shares as is equal to the exercise price divided by the excess of the Fair Market Value on the date of exercise over the Option exercise price per share. 

(5)     to the extent permitted by applicable law and provided for in the applicable Option agreement or approved by the
Board, in its sole discretion, by (i) delivery of a promissory note of the Participant to the Company on terms determined by the Board, or (ii) payment of such other lawful consideration as the Board may determine; or 

(6)    by any combination of the above permitted forms of payment. 

6.    Stock Appreciation Rights 

(a)     General. The Board may grant Awards consisting of stock appreciation rights (“SARs”)
entitling the holder, upon exercise, to receive an amount of Common Stock or cash or a combination thereof (such form to be determined by the Board) determined by reference to appreciation, from and after the date of grant, in the Fair Market Value
of a share of Common Stock over the measurement price established pursuant to Section 6(b). The date as of which such appreciation is determined shall be the exercise date. 

  
 4 

 (b)     Measurement Price. The Board shall establish the
measurement price of each SAR and specify it in the applicable SAR agreement. The measurement price shall not be less than 100% of the Fair Market Value on the date the SAR is granted. 

(c)     Duration of SARs. Each SAR shall be exercisable at such times and subject to such terms and conditions as
the Board may specify in the applicable SAR agreement; provided, however, that no SAR will be granted with a term in excess of 10 years. 

(d)     Exercise of SARs. SARs may be exercised by delivery to the Company of a notice of exercise in a form (which
may be electronic) approved by the Company, together with any other documents required by the Board. 
 7.    Restricted Stock;
Restricted Stock Units 
 (a)     General. The Board may grant Awards entitling recipients to acquire shares
of Common Stock (“Restricted Stock”), subject to the right of the Company to repurchase all or part of such shares at their issue price or other stated or formula price (or to require forfeiture of such shares if issued at no cost)
from the recipient in the event that conditions specified by the Board in the applicable Award are not satisfied prior to the end of the applicable restriction period or periods established by the Board for such Award. The Board may also grant
Awards entitling the recipient to receive shares of Common Stock or cash to be delivered at the time such Award vests (“Restricted Stock Units”) (Restricted Stock and Restricted Stock Units are each referred to herein as a
“Restricted Stock Award”). 
 (b)     Terms and Conditions for All Restricted Stock Awards. The
Board shall determine the terms and conditions of a Restricted Stock Award, including the conditions for vesting and repurchase (or forfeiture) and the issue price, if any. 

(c)    Additional Provisions Relating to Restricted Stock. 

(1)     Dividends. Unless otherwise provided in the applicable Award agreement, any dividends (whether paid in
cash, stock or property) declared and paid by the Company with respect to shares of Restricted Stock (“Accrued Dividends”) shall be paid to the Participant only if and when such shares become free from the restrictions on
transferability and forfeitability that apply to such shares. Each payment of Accrued Dividends will be made no later than the end of the calendar year in which the dividends are paid to stockholders of that class of stock or, if later, the 15th day
of the third month following the lapsing of the restrictions on transferability and the forfeitability provisions applicable to the underlying shares of Restricted Stock. 

(2)     Stock Certificates. The Company may require that any stock certificates issued in respect of shares of
Restricted Stock, as well as dividends or distributions paid on such Restricted Stock, shall be deposited in escrow by the Participant, together with a stock power endorsed in blank, with the Company (or its designee). At the expiration of the
applicable restriction periods, the Company (or such designee) shall deliver the certificates no longer subject to such restrictions to the Participant or if the Participant has died, to Participant’s Designated Beneficiary. “Designated
Beneficiary” means (i) the beneficiary designated, in a manner determined by the Board, by a Participant to receive amounts due or exercise rights of the Participant in the event of the Participant’s death or (ii) in the
absence of an effective designation by a Participant, “Designated Beneficiary” the Participant’s estate. 
  

  
 5 

 (d)    Additional Provisions Relating to Restricted Stock Units.

 (1)     Settlement. Upon the vesting of and/or lapsing of any other restrictions (i.e., settlement) with
respect to each Restricted Stock Unit, the Participant shall be entitled to receive from the Company one share of Common Stock or (if so provided in the applicable Award agreement) an amount of cash equal to the Fair Market Value of one share of
Common Stock. The Board may, in its discretion, provide that settlement of Restricted Stock Units shall be deferred, on a mandatory basis or at the election of the Participant in a manner that complies with Section 409A of the Code. 

(2)     Voting Rights. A Participant shall have no voting rights with respect to any Restricted Stock Units. 

(3)     Dividend Equivalents. The Award agreement for Restricted Stock Units may provide Participants with the
right to receive an amount equal to any dividends or other distributions declared and paid on an equal number of outstanding shares of Common Stock (“Dividend Equivalents”).     Dividend Equivalents may be paid
currently or credited to an account for the Participants, may be settled in cash and/or shares of Common Stock and may be subject to the same restrictions on transfer and forfeitability as the Restricted Stock Units with respect to which paid, in
each case to the extent provided in the applicable Award agreement. 
 8.    Other Stock-Based Awards 

(a)     General. Other Awards of shares of Common Stock, and other Awards that are valued in whole or in part by
reference to, or are otherwise based on, shares of Common Stock or other property, may be granted hereunder to Participants (“Other Stock-Based-Awards”). Such Other Stock-Based Awards shall also be available as a form of payment in
the settlement of other Awards granted under the Plan or as payment in lieu of compensation to which a Participant is otherwise entitled. Other Stock-Based Awards may be paid in shares of Common Stock or cash, as the Board shall determine. 

(b)     Terms and Conditions. Subject to the provisions of the Plan, the Board shall determine the terms and
conditions of each Other Stock-Based Award, including any purchase price applicable thereto. 
 9.    Adjustments for Changes in
Common Stock and Certain Other Events 
 (a)     Changes in Capitalization. In the event of any stock split,
reverse stock split, stock dividend, recapitalization, combination of shares, reclassification of shares, spin-off or other similar change in capitalization or event, or any dividend or distribution to holders of Common Stock other than an ordinary
cash dividend, (i) the number and class of securities available under the Plan, (ii) the number and class of securities and exercise price per share of each outstanding Option, (iii) the share and per-share provisions and the
measurement price of each outstanding SAR, (iv) the number of shares subject to and the repurchase price per share subject to each outstanding Restricted Stock Award and (v) the share and per-share-related provisions and the purchase
price, if any, of each outstanding Other Stock-Based Award, shall be equitably adjusted by the Company (or substituted Awards may be made, if applicable) in the manner determined by the Board. Without limiting the generality of the foregoing, in the
event the Company effects a split of the Common Stock by means of a stock dividend and the exercise price of and the number of shares subject to an outstanding Option are adjusted as of the date of the distribution of the dividend (rather than as of
the record date for such dividend), then an optionee who exercises an Option between the record date and the distribution date for such stock dividend shall be entitled to receive, on the distribution date, the stock dividend with respect to the
shares of Common Stock acquired upon such Option exercise, notwithstanding the fact that such shares were not outstanding as of the close of business on the record date for such stock dividend. 

  
 6 

 (b)    Reorganization Events. 

(1)     Definition. A “Reorganization Event” shall mean: (a) any merger or consolidation of
the Company with or into another entity as a result of which all of the Common Stock of the Company is converted into or exchanged for the right to receive cash, securities or other property or is cancelled, (b) any transfer or disposition of
all of the Common Stock of the Company for cash, securities or other property pursuant to a share exchange or other transaction or (c) any liquidation or dissolution of the Company. 

(2)    Consequences of a Reorganization Event on Awards Other than Restricted Stock. 

(i)     In connection with a Reorganization Event, the Board may take any one or more of the following actions as to all
or any (or any portion of) outstanding Awards other than Restricted Stock on such terms as the Board determines (except to the extent specifically provided otherwise in an applicable Award agreement or another agreement between the Company and the
Participant):     (i) provide that such Awards shall be assumed, or substantially equivalent Awards shall be substituted, by the acquiring or succeeding corporation (or an affiliate thereof), (ii) upon written notice to a
Participant, provide that all of the Participant’s unexercised Awards will terminate immediately prior to the consummation of such Reorganization Event unless exercised by the Participant (to the extent then exercisable) within a specified
period following the date of such notice, (iii) provide that outstanding Awards shall become exercisable, realizable, or deliverable, or restrictions applicable to an Award shall lapse, in whole or in part prior to or upon such Reorganization
Event, (iv) in the event of a Reorganization Event under the terms of which holders of Common Stock will receive upon consummation thereof a cash payment for each share surrendered in the Reorganization Event (the “Acquisition
Price”), make or provide for a cash payment to Participants with respect to each Award held by a Participant equal to (A) the number of shares of Common Stock subject to the vested portion of the Award (after giving effect to any
acceleration of vesting that occurs upon or immediately prior to such Reorganization Event) multiplied by (B) the excess, if any, of (I) the Acquisition Price over (II) the exercise, measurement or purchase price of such Award and any
applicable tax withholdings, in exchange for the termination of such Award, (v) provide that, in connection with a liquidation or dissolution of the Company, Awards shall convert into the right to receive liquidation proceeds (if applicable,
net of the exercise, measurement or purchase price thereof and any applicable tax withholdings) and (vi) any combination of the foregoing. In taking any of the actions permitted under this Section 9(b)(2), the Board shall not be obligated
by the Plan to treat all Awards, all Awards held by a Participant, or all Awards of the same type, identically. 

  
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 (ii)     Notwithstanding the terms of Section 9(b)(2)(i), in the
case of outstanding Restricted Stock Units that are subject to Section 409A of the Code: (i) if the applicable Restricted Stock Unit agreement provides that the Restricted Stock Units shall be settled upon a “change in control
event” within the meaning of Treasury Regulation Section 1.409A-3(i)(5)(i), and the Reorganization Event constitutes such a “change in control event”, then no assumption or substitution shall be permitted pursuant to
Section 9(b)(2)(i)(i) and the Restricted Stock Units shall instead be settled in accordance with the terms of the applicable Restricted Stock Unit agreement; and (ii) the Board may only undertake the actions set forth in clauses (iii),
(iv) or (v) of Section 9(b)(2)(i) if the Reorganization Event constitutes a “change in control event” as defined under Treasury Regulation Section 1.409A-3(i)(5)(i) and such action is permitted or required by
Section 409A of the Code; if the Reorganization Event is not a “change in control event” as so defined or such action is not permitted or required by Section 409A of the Code, and the acquiring or succeeding corporation does not
assume or substitute the Restricted Stock Units pursuant to clause (i) of Section 9(b)(2)(i), then the unvested Restricted Stock Units shall terminate immediately prior to the consummation of the Reorganization Event without any payment in
exchange therefor. 
 (iii)    For purposes of Section 9(b)(2)(i)(i), an Award (other than Restricted Stock) shall
be considered assumed if, following consummation of the Reorganization Event, such Award confers the right to purchase or receive pursuant to the terms of such Award, for each share of Common Stock subject to the Award immediately prior to the
consummation of the Reorganization Event, the consideration (whether cash, securities or other property) received as a result of the Reorganization Event by holders of Common Stock for each share of Common Stock held immediately prior to the
consummation of the Reorganization Event (and if holders were offered a choice of consideration, the type of consideration chosen by the holders of a majority of the outstanding shares of Common Stock); provided, however, that if the
consideration received as a result of the Reorganization Event is not solely common stock of the acquiring or succeeding corporation (or an affiliate thereof), the Company may, with the consent of the acquiring or succeeding corporation, provide for
the consideration to be received upon the exercise or settlement of the Award to consist solely of such number of shares of common stock of the acquiring or succeeding corporation (or an affiliate thereof) that the Board determined to be equivalent
in value (as of the date of such determination or another date specified by the Board) to the per share consideration received by holders of outstanding shares of Common Stock as a result of the Reorganization Event. 

(3)     Consequences of a Reorganization Event on Restricted Stock. Upon the occurrence of a Reorganization Event
other than a liquidation or dissolution of the Company, the repurchase and other rights of the Company with respect to outstanding Restricted Stock shall inure to the benefit of the Company’s successor and shall, unless the Board determines
otherwise, apply to the cash, securities or other property which the Common Stock was converted into or exchanged for pursuant to such Reorganization Event in the same manner and to the same extent as they applied to such Restricted Stock;
provided, however, that the Board may provide for termination or deemed satisfaction of such repurchase or other rights under the instrument evidencing any Restricted Stock or any other agreement between a Participant and the Company,
either initially or by amendment. Upon the occurrence of a Reorganization Event involving the liquidation or dissolution of the Company, except to the extent specifically provided to the contrary in the instrument evidencing any Restricted Stock or
any other agreement between a Participant and the Company, all restrictions and conditions on all Restricted Stock then outstanding shall automatically be deemed terminated or satisfied. 

  
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 10.    General Provisions Applicable to Awards. 

(a)     Transferability of Awards. Awards (or any interest in an Award, including, prior to exercise, any interest
in shares of Common Stock issuable upon exercise of an Option or SAR) shall not be sold, assigned, transferred (including by establishing any short position, put equivalent position (as defined in Rule 16a-1 issued under the Exchange Act) or call
equivalent position (as defined in Rule 16a-1 issued under the Exchange Act)), pledged, hypothecated or otherwise encumbered by the person to whom they are granted, either voluntarily or by operation of law, and, during the life of the Participant,
shall be exercisable only by the Participant; except that Awards, other than Awards subject to Section 409A of the Code, may be transferred to family members (as defined in Rule 701(c)(3) under the Securities Act) through gifts or (other than
Incentive Stock Options) domestic relations orders or to an executor or guardian upon the death or disability of the Participant. The Company shall not be required to recognize any such permitted transfer until such time as such permitted transferee
shall deliver to the Company a written instrument, as a condition to such transfer, in form and substance satisfactory to the Company confirming that such transferee shall be bound by all of the terms and conditions of the Award. References to a
Participant, to the extent relevant in the context, shall include references to authorized transferees. For the avoidance of doubt, nothing contained in this Section 10(a) shall be deemed to restrict a transfer to the Company. 

(b)     Documentation. Each Award shall be evidenced in such form (written, electronic or otherwise) as the Board
shall determine. Each Award may contain terms and conditions in addition to those set forth in the Plan. 
 (c)    
Board Discretion. Except as otherwise provided by the Plan, each Award may be made alone or in addition or in relation to any other Award. The terms of each Award need not be identical, and the Board need not treat Participants uniformly.

 (d)     Termination of Status. The Board shall determine the effect on an Award of the disability, death,
termination or other cessation of employment, authorized leave of absence or other change in the employment or other status of a Participant and the extent to which, and the period during which, the Participant, or the Participant’s legal
representative, conservator, guardian or Designated Beneficiary, may exercise rights under the Award. 
 (e)    
Withholding. The Participant must satisfy all applicable federal, state, and local or other income and employment tax withholding obligations before the Company will deliver stock certificates or otherwise recognize ownership of Common Stock
under an Award. The Company may decide to satisfy the withholding obligations through additional withholding on salary or wages. If the Company elects not to or cannot withhold from other compensation, the Participant must pay the Company the full
amount, if any, required for withholding or have a broker tender to the Company cash equal to the withholding obligations. Payment of withholding obligations is due before the Company will issue any shares on exercise, vesting or release from
forfeiture of an Award or at the same time as payment of the exercise or purchase price unless the Company determines otherwise. If provided for in an Award or approved by the Board in its sole discretion, a Participant may satisfy such tax
obligations in whole or in part by delivery (either by actual delivery or attestation) of shares of Common Stock, including shares retained from the Award creating the tax obligation, valued at their Fair Market Value; provided, however,
except as otherwise provided by the Board, that the total tax withholding where stock is being used to satisfy such tax obligations cannot exceed the Company’s minimum statutory withholding obligations (based on minimum statutory withholding
rates for federal and state tax purposes, including payroll taxes, that are applicable to such supplemental taxable income). Shares used to satisfy tax withholding requirements cannot be subject to any repurchase, forfeiture, unfulfilled vesting or
other similar requirements. 

  
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 (f)    Amendment of Award. 

(1)     The Board may amend, modify or terminate any outstanding Award, including but not limited to, substituting
therefor another Award of the same or a different type, changing the date of exercise or realization, and converting an Incentive Stock Option to a Nonstatutory Stock Option. The Participant’s consent to such action shall be required unless
(i) the Board determines that the action, taking into account any related action, does not materially and adversely affect the Participant’s rights under the Plan or (ii) the change is permitted under Section 9. 

(2)     The Board may, without stockholder approval, amend any outstanding Award granted under the Plan to provide an
exercise price per share that is lower than the then- current exercise price per share of such outstanding Award. The Board may also, without stockholder approval, cancel any outstanding award (whether or not granted under the Plan) and grant in
substitution therefor new Awards under the Plan covering the same or a different number of shares of Common Stock and having an exercise price per share lower than the then- current exercise price per share of the cancelled award. 

(g)     Conditions on Delivery of Stock. The Company will not be obligated to deliver any shares of Common Stock
pursuant to the Plan or to remove restrictions from shares previously issued or delivered under the Plan until (i) all conditions of the Award have been met or removed to the satisfaction of the Company, (ii) in the opinion of the
Company’s counsel, all other legal matters in connection with the issuance and delivery of such shares have been satisfied, including any applicable securities laws and regulations and any applicable stock exchange or stock market rules and
regulations, and (iii) the Participant has executed and delivered to the Company such representations or agreements as the Company may consider appropriate to satisfy the requirements of any applicable laws, rules or regulations. 

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

  
 10 

 11.    Miscellaneous. 

(a)     No Right To Employment or Other Status. No person shall have any claim or right to be granted an Award by
virtue of the adoption of the Plan, and the grant of an Award shall not be construed as giving a Participant the right to continued employment or any other relationship with the Company. The Company expressly reserves the right at any time to
dismiss or otherwise terminate its relationship with a Participant free from any liability or claim under the Plan, except as expressly provided in the applicable Award. 

(b)     No Rights As Stockholder. Subject to the provisions of the applicable Award, no Participant or Designated
Beneficiary shall have any rights as a stockholder with respect to any shares of Common Stock to be distributed with respect to an Award until becoming the record holder of such shares. 

(c)     Effective Date and Term of Plan. The Plan shall become effective on the date on which it is adopted by the
Board. No Awards shall be granted under the Plan after the expiration of 10 years from the earlier of (i) the date on which the Plan was adopted by the Board or (ii) the date the Plan was approved by the Company’s stockholders, but
Awards previously granted may extend beyond that date. 
 (d)     Amendment of Plan. The Board may amend, suspend
or terminate the Plan or any portion thereof at any time; provided that if at any time the approval of the Company’s stockholders is required as to any modification or amendment under Section 422 of the Code or any successor
provision with respect to Incentive Stock Options, the Board may not effect such modification or amendment without such approval. Unless otherwise specified in the amendment, any amendment to the Plan adopted in accordance with this
Section 11(d) shall apply to, and be binding on the holders of, all Awards outstanding under the Plan at the time the amendment is adopted, provided the Board determines that such amendment, taking into account any related action, does not
materially and adversely affect the rights of Participants under the Plan. 
 (e)     Authorization of Sub-Plans
(including Grants to non-U.S. Employees). The Board may from time to time establish one or more sub-plans under the Plan for purposes of satisfying applicable securities, tax or other laws of various jurisdictions. The Board shall establish such
sub-plans by adopting supplements to the Plan containing (i) such limitations on the Board’s discretion under the Plan as the Board deems necessary or desirable or (ii) such additional terms and conditions not otherwise inconsistent
with the Plan as the Board shall deem necessary or desirable. All supplements adopted by the Board shall be deemed to be part of the Plan, but each supplement shall apply only to Participants within the affected jurisdiction and the Company shall
not be required to provide copies of any supplement to Participants in any jurisdiction which is not the subject of such supplement. 

(f)     Compliance with Section 409A of the Code. Except as provided in individual Award
agreements initially or by amendment, if and to the extent (i) any portion of any payment, compensation or other benefit provided to a Participant pursuant to the Plan in connection with Participant’s employment termination constitutes
“nonqualified deferred compensation” within the meaning of Section 409A of the Code and (ii) the Participant is a specified employee as defined in Section 409A(a)(2)(B)(i) of the Code, in each case as determined by the
Company in accordance with its procedures, by which determinations the Participant (through accepting the Award) agrees that the Participant is bound, such portion of the payment, compensation or other benefit shall not be paid before the day that
is six months plus one day after the date of “separation from service” (as determined under Section 409A of the Code) (the “New Payment Date”), except as Section 409A of the Code may then permit. The aggregate of
any payments that otherwise would have been paid to the Participant during the period between the date of separation from service and the New Payment Date shall be paid to the Participant in a lump sum on such New Payment Date, and any remaining
payments will be paid on their original schedule. 

  
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 The Company makes no representations or warranty and shall have no liability to the Participant or any other
person if any provisions of or payments, compensation or other benefits under the Plan are determined to constitute nonqualified deferred compensation subject to Section 409A of the Code but do not to satisfy the conditions of that section.

 (g)     Limitations on Liability. Notwithstanding any other provisions of the Plan, no individual acting as a
director, officer, other employee, or agent of the Company will be liable to any Participant, former Participant, spouse, beneficiary, or any other person for any claim, loss, liability, or expense incurred in connection with the Plan, nor will such
individual be personally liable with respect to the Plan because of any contract or other instrument such individual executes in such individual’s capacity as a director, officer, other employee, or agent of the Company. The Company will
indemnify and hold harmless each director, officer, other employee, or agent of the Company to whom any duty or power relating to the administration or interpretation of the Plan has been or will be delegated, against any cost or expense (including
attorneys’ fees) or liability (including any sum paid in settlement of a claim with the Board’s approval) arising out of any act or omission to act concerning the Plan unless arising out of such person’s own fraud or bad faith. 

(h)     Governing Law. The provisions of the Plan and all Awards made hereunder shall be governed by and
interpreted in accordance with the laws of the State of Delaware, excluding choice-of-law principles of the law of such state that would require the application of the laws of a jurisdiction other than the State of Delaware. 

* * * * 

  
 12 

 GROOP INTERNET PLATFORM INC. 

2014 STOCK INCENTIVE PLAN 

CALIFORNIA SUPPLEMENT 

Pursuant to Section 11(e) of the Plan, the Board has adopted this supplement for purposes of satisfying the requirements of
Section 25102(o) of the California Law: 
 Any Awards granted under the Plan to a Participant who is a resident of the State of
California on the date of grant (a “California Participant”) shall be subject to the following additional limitations, terms and conditions: 

1.    Additional Limitations on Options. 

(a)     Maximum Duration of Options. No Options granted to California Participants shall have a term in excess of 10
years measured from the Option grant date. 
 (b)     Minimum Exercise Period Following
Termination. Unless a California Participant’s employment is terminated for cause (as defined by applicable law, the terms of the Plan or option grant or a contract of employment), in the event of termination of employment of such
Participant, such Participant shall have the right to exercise an Option, to the extent that such Participant is entitled to exercise such Option on the date employment terminated, until the earlier of: (i) at least six months from the date of
termination, if termination was caused by such Participant’s death or disability, (ii) at least 30 days from the date of termination, if termination was caused other than by such Participant’s death or disability and (iii) the
Option expiration date. 
 2.    Additional Limitations for Other Stock-Based Awards. The terms of all Awards granted to a
California Participant under Section 8 of the Plan shall comply, to the extent applicable, with Sections 260.140.42, 260.140.45 and 260.140.46 of the California Code of Regulations. 

3.    Additional Limitations on Timing of Awards. No Award granted to a California Participant shall become exercisable, vested or
realizable, as applicable to such Award, unless the Plan has been approved by the holders of a majority of the Company’s outstanding voting securities by the later of (i) within 12 months before or after the date the Plan was adopted by
the Board, or (ii) prior to or within 12 months of the granting of any Award to a California Participant. 
 4.    Additional
Restriction Regarding Recapitalizations, Stock Splits, Etc. For purposes of Section 9 of the Plan, in the event of a stock split, reverse stock split, stock dividend, recapitalization, combination, reclassification or other distribution of
the Company’s securities underlying the Award without the receipt of consideration by the Company, the number of securities purchasable, and in the case of Options, the exercise price of such Options, must be proportionately adjusted. 

5.    Additional Limitations on Transferability of Awards. Notwithstanding the provisions of Section 10(a) of the Plan, an
Award granted to a California Participant may not be transferred to an executor or guardian upon the disability of the Participant. 

  
 13

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