Document:

EX-10.30

 Exhibit 10.30 

RESTORATION ROBOTICS, INC. 

EMPLOYMENT AGREEMENT 

This Employment Agreement (the “Agreement”) is made and entered into by and between Ryan Rhodes
(“Executive”) and Restoration Robotics, Inc. (the “Company”) (together referred to herein as the “Parties”), dated as of September 21, 2016 and effective as of the Effective Date (as defined below).

 R E C I T A L S 
 A.
The Company desires to assure itself of the services of Executive by engaging Executive to perform services under the terms hereof. 
 B.
Executive desires to provide services to the Company on the terms herein provided commencing on July 25, 2016 (the date Executive actually commences employment with the Company, the “Effective Date”). 

C. Certain capitalized terms used in this Agreement are defined in Section 11 below. 

In consideration of the foregoing, and for other good and valuable consideration, including the respective covenants and agreements set forth
below, the receipt and sufficiency of which are hereby acknowledged, the Parties hereto agree as follows: 
 1. Employment.

 (a) General. The Company shall employ Executive as a full-time employee of the Company effective as of the Effective Date for
the period and in the position set forth in this Section 1, and upon the other terms and conditions herein provided. 
 (b) Position
and Duties. Effective on the Effective Date, Executive: (i) shall serve as the Chief Executive Officer of the Company, with responsibilities, duties and authority usual and customary for such position, subject to direction by the
Company’s Board of Directors (the “Board”); (ii) shall report directly to the Board; and (iii) agrees promptly and faithfully to comply with all present and future policies, requirements, directions, requests and rules and
regulations of the Company in connection with the Company’s business. In addition, the Board shall appoint Executive to serve as a member of the Board. Executive shall attend each regular meeting of the Board, and such other meetings for which
there is reasonable prior notice, in person except as may be otherwise agreed by the Board prior to such meeting. 
 (c) Location.
Executive shall be based at the Company’s headquarters in San Jose, California, except for such travel as may be necessary to fulfill Executive’s duties and responsibilities. 

 (d) Exclusivity. Except with the prior written approval of the Board (which the Board may
grant or withhold in its sole and absolute discretion), Executive shall devote Executive’s entire working time, attention and energies to the business of the Company and shall not (i) accept any other employment or consultancy;
(ii) serve on the board of directors or similar body of any other entity; or (iii) engage, directly or indirectly, in any other business activity (whether or not pursued for pecuniary advantage) that is or may be competitive with, or that
might place Executive in a competing position to, that of the Company or any of its subsidiaries or affiliates. Notwithstanding the foregoing, Executive may devote reasonable time to unpaid activities such as supervision of personal investments and
activities involving professional, charitable, educational, religious, civic and similar types of activities, speaking engagements and membership on committees, provided such activities do not individually or in the aggregate interfere with
the performance of Executive’s duties under this Agreement, violate the Company’s standards of conduct then in effect or raise a conflict under the Company’s conflict of interest policies. 

2. Compensation and Related Matters. 

(a) Base Salary. Executive’s annual base salary (the “Base Salary”) will be $300,000, less payroll deductions and
all required withholdings, payable in accordance with the Company’s normal payroll practices. The Board or a committee of the Board shall review Executive’s Base Salary periodically. 

(b) Bonus. Executive will be eligible to receive an annual performance bonus with a target achievement of thirty percent (30%) of
Executive’s then-Base Salary (the “Annual Bonus”). Any Annual Bonus amount payable shall be based on the achievement of performance goals to be established by the Board or a committee of the Board; provided that, for
calendar year 2016, the performance goals shall be established by the Board or a committee of the Board within sixty (60) days following the date hereof. Such Annual Bonus, if earned, will be contingent upon Executive’s continued
employment through the applicable payment date. The Annual Bonus, if any, earned for the 2016 calendar year shall be pro-rated for partial service. Executive hereby acknowledges and agrees that nothing
contained herein confers upon Executive any right to an Annual Bonus in any calendar year, and that whether the Company pays Executive an Annual Bonus will be determined by the Board or a committee of the Board in its sole discretion. 

(c) Equity Awards. 
 (i)
Stock Option. Following the Effective Date, Executive shall be granted, subject to approval by the Board, an option to purchase 8,886,440 shares of the Company’s common stock (the “Option”), which represents
approximately 3.8% of the Fully Diluted Shares (as defined below) as of the Effective Date (after taking into account such grant), with an exercise price per share equal to the fair market value of a share of the Company’s common stock on the
date of grant, determined based upon the most recent Section 409A valuation (as determined by the Board in its sole discretion), provided that Executive is 

  
 -2- 

 
employed by the Company on the date of grant. Subject to Executive’s continued service with the Company through the applicable vesting date, twenty five percent (25%) of the total number of
shares subject to the Option shall vest on the first anniversary of the Effective Date and 1/48th of the total number of shares subject to the Option will vest on each monthly anniversary of the Effective Date thereafter. The Option, and any shares
acquired upon exercise, will be subject to the terms and conditions of the Company’s equity incentive plan and an option agreement to be entered into between Executive and the Company. For the purposes of this Agreement, “Fully Diluted
Shares” shall be calculated by adding the number of outstanding shares of capital stock of the Company plus the number of shares of Company common stock subject to issuance under outstanding options and warrants plus the number of shares of
Company common stock that are reserved for future issuance (but not yet issued) under the Company’s equity incentive plan, in each case, as of the Effective Date. 

(ii) Change in Control Acceleration. Upon the consummation of a Change in Control of the Company, subject to either
(i) Executive’s continued employment with the Company until immediately prior to such Change in Control or (ii) Executive’s termination of employment by the Company without Cause or by Executive for Good Reason within three (3)
months prior to such Change in Control, each outstanding equity award held by Executive (including, without limitation, the Option) shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of
repurchase thereon shall lapse, in each case, with respect to one hundred percent (100%) of the then-unvested shares subject to such outstanding award effective as of immediately prior to such Change in Control. 

(d) Benefits. Executive may participate in such employee and executive benefit plans and programs as the Company may from time to time
offer to provide to its executives, subject to the terms and conditions of such plans. Notwithstanding the foregoing, nothing herein is intended, or shall be construed, to require the Company to institute or continue any, or any particular, plan or
benefits. 
 (e) Vacation. Executive shall be entitled to vacation, sick leave, holidays and other paid
time-off benefits provided by the Company from time to time which are applicable to the Company’s executive officers in accordance with Company policy. The opportunity to take paid time off is contingent
upon Executive’s workload and ability to manage Executive’s schedule. 
 (f) Business Expenses. The Company shall reimburse
Executive for all reasonable, documented, out-of-pocket travel and other business expenses incurred by Executive in the performance of Executive’s duties to the
Company in accordance with the Company’s applicable expense reimbursement policies and procedures as in effect from time to time. 

3. Termination. 

(a) At-Will Employment. The Company and Executive acknowledge that Executive’s employment is and shall continue to be “at-will,” as defined under applicable law. 

  
 -3- 

 This means that it is not for any specified period of time and can be terminated by Executive or by the Company
at any time, with or without advance notice, and for any or no particular reason or cause. It also means that Executive’s job duties, title and responsibility and reporting level, work schedule, compensation and benefits, as well as the
Company’s personnel policies and procedures, may be changed with prospective effect, with or without notice, at any time in the sole discretion of the Company. This “at-will” nature of
Executive’s employment shall remain unchanged during Executive’s tenure as an employee and may not be changed, except in an express writing signed by Executive and a duly authorized member of the Board. If Executive’s employment
terminates for any reason, Executive shall not be entitled to any payments, benefits, damages, awards or compensation other than as provided by this Agreement. 

(b) Deemed Resignation. Upon termination of Executive’s employment for any reason, Executive shall be deemed to have resigned from
all offices and directorships, if any, then held with the Company or any of its affiliates, and, at the Company’s request, Executive shall execute such documents as are necessary or desirable to effectuate such resignations. 

4. Obligations upon Termination of Employment. 

(a) Executive’s Obligations. Executive hereby acknowledges and agrees that all Personal Property (as defined below) and equipment
furnished to, or prepared by, Executive in the course of, or incident to, Executive’s employment, belongs to the Company and shall be promptly returned to the Company upon termination of Executive’s employment (and will not be kept in
Executive’s possession or delivered to anyone else). For purposes of this Agreement, “Personal Property” includes, without limitation, all books, manuals, records, reports, notes, contracts, lists, blueprints, and other
documents, or materials, or copies thereof (including computer files), keys, building card keys, company credit cards, telephone calling cards, computer hardware and software, laptop computers, docking stations, cellular and portable telephone
equipment, personal digital assistant (PDA) devices and all other proprietary information relating to the business of the Company or its subsidiaries or affiliates. Following termination, Executive shall not retain any written or other tangible
material containing any proprietary information of the Company or its subsidiaries or affiliates. In addition, Executive shall continue to be subject to the Confidential Information Agreement (as defined below). The representations and warranties
contained herein and Executive’s obligations under this Section 4(a) and the Confidential Information Agreement shall survive the termination of Executive’s employment and the termination of this Agreement. 

(b) Payments of Accrued Obligations upon Termination of Employment. Upon a termination of Executive’s employment for any reason,
Executive (or Executive’s estate or legal representative, as applicable) shall be entitled to receive, within ten (10) days after the date Executive terminates employment with the Company (or such earlier date as may be required by
applicable law): (i) any portion of Executive’s Base Salary earned through Executive’s termination date not theretofore paid, (ii) any expenses owed to Executive under Section 2(f) above, (iii) any accrued but unused
vacation pay owed to Executive pursuant to Section 2(e) above, and (iv) any amount arising from Executive’s participation in, or benefits under, any employee benefit plans, programs or arrangements under Section 2(d) above, which
amounts shall be payable in accordance with the terms and conditions of such employee benefit plans, programs or arrangements. 

  
 -4- 

 (c) Severance Payments upon Covered Termination. If Executive experiences a Covered
Termination, and if Executive executes a general release of all claims against the Company and its affiliates in substantially the form provided by the Company attached hereto as Exhibit A (the “Release of Claims”) that
becomes effective and irrevocable within sixty (60) days, or such shorter period of time specified by the Company, following such Covered Termination, then, in addition to any accrued obligations payable under Section 4(b) above, the
Company shall provide Executive with the following: 
 (i) Severance. Executive shall be entitled to receive a lump sum cash payment
equal to six (6) months plus one additional month for each full year of Executive’s service to the Company of Executive’s Base Salary at the rate in effect immediately prior to Executive’s date of termination. Such payment shall
be made, less applicable withholdings, on the first payroll date following the date the Release of Claims becomes effective and irrevocable. In addition, Executive shall be eligible to receive his annual bonus for the year in which the Termination
Date occurs to the extent earned based on the attainment of applicable performance goals as determined by the Board in its sole discretion following the end of the calendar year in which the Termination Date occurs,
pro-rated based on the total number of days elapsed in the calendar year as of the Termination Date. If and to the extent earned, such pro-rated bonus shall be paid out
at the same time annual bonuses are paid generally to senior executives of the Company for the relevant year, less applicable withholdings, but in no event later than March 15th of the year immediately following that in which such pro-rated bonus is earned. 
 (ii) Continued Healthcare. The Company shall notify Executive of any
right to continue group health plan coverage sponsored by the Company or an affiliate of the Company immediately prior to Executive’s date of termination pursuant to the provisions of the Consolidated Omnibus Budget Reconciliation Act of 1985,
as amended (“COBRA”). If Executive elects to receive such continued healthcare coverage, the Company shall directly pay, or reimburse Executive for, the premium for Executive and Executive’s covered dependents, less the amount
of Executive’s monthly premium contributions for such coverage prior to termination, for the period commencing on the date of Executive’s Covered Termination through the earlier of (A) the last day of the sixth (6th) full calendar month plus one additional month for each full year of Executive’s service to the Company following the date of the Covered Termination and (B) the date Executive and
Executive’s covered dependents, if any, become eligible for healthcare coverage under another employer’s plan(s). Executive agrees to notify the Company immediately if Executive becomes covered by a group health plan of a subsequent
employer. After the Company ceases to pay premiums pursuant to the preceding sentence, Executive may, if eligible, elect to continue healthcare coverage at Executive’s expense in accordance the provisions of COBRA. 

  
 -5- 

 (iii) Additional Vesting. The vesting and, if applicable, exercisability shall be
accelerated effective as of immediately prior to such termination date with respect to that number of shares subject to Executive’s then outstanding equity awards that would have become vested and, if applicable, exercisable during the six
(6) month period plus one additional month for each full year of Executive’s service to the Company following the termination date as if Executive had remained employed by the Company through such date. 

(d) No Other Severance. The provisions of this Section 4 shall supersede in their entirety any severance payment or other
arrangement provided by the Company, including, without limitation, any severance plan/policy of the Company. 
 (e) No Requirement to
Mitigate; Survival. Executive shall not be required to mitigate the amount of any payment provided for under this Agreement by seeking other employment or in any other manner. Notwithstanding anything to the contrary in this Agreement, the
termination of Executive’s employment shall not impair the rights or obligations of any party. 
 (f) Certain Reductions. The
Company shall reduce Executive’s severance benefits under this Agreement, in whole or in part, by any other severance benefits, pay in lieu of notice, or other similar benefits payable to Executive by the Company in connection with
Executive’s termination, including but not limited to payments or benefits pursuant to (i) any applicable legal requirement, including, without limitation, the Worker Adjustment and Retraining Notification Act, or (ii) any Company
policy or practice providing for Executive to remain on the payroll without being in active service for a limited period of time after being given notice of the termination of Executive’s employment. The benefits provided under this Agreement
are intended to satisfy, to the greatest extent possible, any and all statutory obligations that may arise out of Executive’s termination of employment. Such reductions shall be applied on a retroactive basis, with severance benefits previously
paid being recharacterized as payments pursuant to the Company’s statutory obligation. 
 5. Limitation on Payments. 

(a) Notwithstanding anything in this Agreement to the contrary, if any payment or distribution Executive would receive pursuant to this
Agreement or otherwise (“Payment”) would (i) constitute a “parachute payment” within the meaning of Section 280G of the Internal Revenue Code of 1986, as amended (the “Code”), and (ii) but
for this sentence, be subject to the excise tax imposed by Section 4999 of the Code (the “Excise Tax”), then the Company shall cause to be determined, before any amounts of the Payment are paid to Executive, which of the
following alternative forms of payment would maximize Executive’s after-tax proceeds: (A) payment in full of the entire amount of the Payment (a “Full Payment”), or (B) payment of
only a part of the Payment so that Executive receives that largest Payment possible without being subject to the Excise Tax (a “Reduced Payment”), whichever of the foregoing amounts, taking into account the applicable federal, state
and local income taxes and the Excise Tax (all computed at the highest marginal rate, net of the maximum reduction in 

  
 -6- 

 
federal income taxes which could be obtained from a deduction of such state and local taxes), results in Executive’s receipt, on an after-tax basis,
of the greater amount of the Payment, notwithstanding that all or some portion the Payment may be subject to the Excise Tax. Notwithstanding the above, provided that no securities of the Company are then-publicly traded and subject to Executive
waiving Executive’s right to the Payment that would otherwise trigger the Excise Tax, the Company will use its good faith efforts to conduct a vote of the Company’s stockholders in accordance with the applicable provisions of
Section 280G of the Code with such vote giving the stockholders the opportunity to approve the amount of such Payment that would otherwise trigger the Excise Tax in an effort to exempt such Payment from the Excise Tax if possible. 

(b) If a Reduced Payment is made pursuant to this Section 5, (i) the Payment shall be paid only to the extent permitted under the Reduced
Payment alternative, and Executive shall have no rights to any additional payments and/or benefits constituting the Payment, and (ii) reduction in payments and/or benefits will occur in the following order: (1) reduction of cash payments;
(2) cancellation of accelerated vesting of equity awards other than stock options; (3) cancellation of accelerated vesting of stock options; and (4) reduction of other benefits payable to Executive. In the event that acceleration of
compensation from Executive’s equity awards is to be reduced, such acceleration of vesting shall be canceled in the reverse order of the date of grant. 

(c) All determinations required to be made under this Section 5 shall be made by such adviser as may be selected by the Company,
provided, that the adviser’s determination shall be made based upon “substantial authority” within the meaning of Section 6662 of the Code. The adviser shall provide its determination, together with detailed supporting
calculations and documentation, to Executive and the Company within fifteen (15) business days following the date of termination of Executive’s employment, if applicable, or such other time as requested by Executive (provided, that
Executive reasonably believes that any of the Payments may be subject to the Excise Tax) or the Company. All reasonable fees and expenses of the adviser in reaching such a determination shall be borne solely by the Company. 

6. Successors. 

(a) Company’s Successors. Any successor to the Company (whether direct or indirect and whether by purchase, merger, consolidation,
liquidation or otherwise) to all or substantially all of the Company’s business and/or assets shall assume the obligations under this Agreement and agree expressly to perform the obligations under this Agreement in the same manner and to the
same extent as the Company would be required to perform such obligations in the absence of a succession. For all purposes under this Agreement, the term “Company” shall include any successor to the Company’s business and/or assets
which executes and delivers the assumption agreement described in this Section 6(a) or which becomes bound by the terms of this Agreement by operation of law. 

  
 -7- 

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

7. Notices. Notices and all other communications contemplated by this Agreement shall be in writing and shall be deemed
to have been duly given when personally delivered or one day following mailing via Federal Express or similar overnight courier service. In the case of Executive, mailed notices shall be addressed to Executive at Executive’s home address that
the Company has on file for Executive. In the case of the Company, mailed notices shall be addressed to its corporate headquarters, and all notices shall be directed to the attention of the General Counsel of the Company. 

8. Dispute Resolution. To ensure the timely and economical resolution of disputes that arise in connection with this
Agreement, Executive and the Company agree that any and all controversies, claims and disputes arising out of or relating to this Agreement, including without limitation any alleged violation of its terms, shall be resolved solely and exclusively by
final and binding arbitration held in Santa Clara County, California through Judicial Arbitration & Mediation Services (“JAMS”) in conformity with the then-existing JAMS employment arbitration rules and California law. The
arbitrator shall: (a) provide adequate discovery for the resolution of the dispute; and (b) issue a written arbitration decision, to include the arbitrator’s essential findings and conclusions and a statement of the award. The
arbitrator shall award the prevailing Party attorneys’ fees and expert fees, if any. Notwithstanding the foregoing, it is acknowledged that it will be impossible to measure in money the damages that would be suffered if the Parties fail to
comply with any of the obligations imposed on them under Section 10(a) hereof, and that in the event of any such failure, an aggrieved person will be irreparably damaged and will not have an adequate remedy at law. Any such person shall,
therefore, be entitled to injunctive relief, including specific performance, to enforce such obligations, and if any action shall be brought in equity to enforce any of the provisions of Section 10(a) of this Agreement, none of the Parties
hereto shall raise the defense that there is an adequate remedy at law. Executive and the Company understand that by agreement to arbitrate any claim pursuant to this Section 8, they will not have the right to have any Claim decided by a jury
or a court, but shall instead have any claim decided through arbitration. Executive and the Company waive any constitutional or other right to bring claims covered by this Agreement other than in their individual capacities. Except as may be
prohibited by applicable law, the foregoing waiver includes the ability to assert claims as a plaintiff or class member in any purported class or representative proceeding. 

9. Section 409A. The intent of the Parties is that the payments and benefits under this Agreement comply with or be
exempt from Section 409A of the Code and the Department of Treasury regulations and other interpretive guidance issued thereunder, including without limitation any such regulations or other guidance that may be issued after the Effective Date,
(“Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewith. If the Company determines that any provision of this

  
 -8- 

 
Agreement would cause Executive to incur any additional tax or interest under Section 409A (with specificity as to the reason therefor), the Company and Executive shall take commercially
reasonable efforts to reform such provision to try to comply with or be exempt from Section 409A through good faith modifications to the minimum extent reasonably appropriate to conform with Section 409A, provided that any such
modifications shall not increase the cost or liability to the Company. To the extent that any provision hereof is modified in order to comply with or be exempt from Section 409A, such modification shall be made in good faith and shall, to the
maximum extent reasonably possible, maintain the original intent and economic benefit to Executive and the Company of the applicable provision without violating the provisions of Section 409A. 

(a) Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation
subject to Section 409A of the Code shall be payable pursuant to Section 4 above unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A
(“Separation from Service”) and, except as provided under Section 9(b) below, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s
Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive
on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement. 

(b) Specified Employee. Notwithstanding any provision to the contrary in this Agreement, if Executive is deemed at the time of his
Separation from Service to be a “specified employee” for purposes of Section 409A(a)(2)(B)(i) of the Code, to the extent delayed commencement of any portion of the benefits to which Executive is entitled under this Agreement is
required in order to avoid a prohibited distribution under Section 409A(a)(2)(B)(i) of the Code, such portion of Executive’s benefits shall not be provided to Executive prior to the earlier of (i) the expiration of the six (6)-month
period measured from the date of Executive’s Separation from Service or (ii) the date of Executive’s death. Upon the first day of the seventh (7th) month following the date of the Executive’s Separation from Service, all payments
deferred pursuant to this Section 9(b) shall be paid in a lump sum to Executive, and any remaining payments due under this Agreement shall be paid as otherwise provided herein. 

(c) Expense Reimbursements. To the extent that any reimbursements payable pursuant to this Agreement are subject to the provisions of
Section 409A, any such reimbursements payable to Executive pursuant to this Agreement shall be paid to Executive no later than December 31 of the year following the year in which the expense was incurred, the amount of expenses reimbursed in
one year shall not affect the amount eligible for reimbursement in any subsequent year, and Executive’s right to reimbursement under this Agreement will not be subject to liquidation or exchange for another benefit. 

  
 -9- 

 (d) Installments. For purposes of Section 409A (including, without limitation, for
purposes of Treasury Regulation Section 1.409A-2(b)(2)(iii)), Executive’s right to receive any installment payments under this Agreement 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. 
 10.
Miscellaneous Provisions. 
 (a) Work Eligibility; Confidentiality Agreement. As a condition of Executive’s employment
with the Company, Executive will be required to provide evidence of Executive’s identity and eligibility for employment in the United States. It is required that Executive brings the appropriate documentation with Executive at the time of
employment. As a further condition of Executive’s employment with the Company, Executive shall enter into and abide by the Company’s Confidential Information and Invention Assignment Agreement (the “Confidential Information
Agreement”). 
 (b) Withholdings and Offsets. The Company shall be entitled to withhold from any amounts payable under this
Agreement any federal, state, local or foreign withholding or other taxes or charges which the Company is required to withhold. The Company shall be entitled to rely on an opinion of counsel if any questions as to the amount or requirement of
withholding shall arise. If Executive is indebted to the Company at his termination date, the Company reserves the right to offset any severance payments under this Agreement by the amount of such indebtedness. 

(c) Waiver. No provision of this Agreement shall be modified, waived or discharged unless the modification, waiver or discharge is
agreed to in writing and signed by Executive and by an authorized director or officer of the Company (other than Executive). No waiver by either Party of any breach of, or of compliance with, any condition or provision of this Agreement by the other
Party shall be considered a waiver of any other condition or provision or of the same condition or provision at another time. 
 (d) Whole
Agreement. This Agreement and the Confidential Information Agreement (together with any equity award agreement between the Company and Executive) represent the entire understanding of the Parties hereto with respect to the subject matter hereof
and supersede all prior arrangements and understandings regarding same. 
 (e) Amendment. This Agreement cannot be amended or modified
except by a written agreement signed by Executive and an authorized member of the Company. 
 (f) Choice of Law. The validity,
interpretation, construction and performance of this Agreement shall be governed by the laws of the State of California. 

  
 -10- 

 (g) Severability. The finding by a court of competent jurisdiction of the
unenforceability, invalidity or illegality of any provision of this Agreement shall not render any other provision of this Agreement unenforceable, invalid or illegal. Such court shall have the authority to modify or replace the invalid or
unenforceable term or provision with a valid and enforceable term or provision which most accurately represents the intention of the Parties hereto with respect to the invalid or unenforceable term or provision. 

(h) Interpretation; Construction. The headings set forth in this Agreement are for convenience of reference only and shall not be used
in interpreting this Agreement. This Agreement has been drafted by legal counsel representing the Company, but Executive has been encouraged to consult with, and has consulted with, Executive’s own independent counsel and tax advisors with
respect to the terms of this Agreement. The Parties hereto acknowledge that each Party hereto and its counsel has reviewed and revised, or had an opportunity to review and revise, this Agreement, and any rule of construction to the effect that any
ambiguities are to be resolved against the drafting Party shall not be employed in the interpretation of this Agreement. 
 (i)
Representations; Warranties. Executive represents and warrants that Executive is not restricted or prohibited, contractually or otherwise, from entering into and performing each of the terms and covenants contained in this Agreement, and that
Executive’s execution and performance of this Agreement will not violate or breach any other agreements between Executive and any other person or entity and that Executive has not engaged in any act or omission that could be reasonably expected
to result in or lead to an event constituting “Cause” for purposes of this Agreement. 
 (j) Counterparts. This Agreement
may be executed in counterparts, each of which shall be deemed an original, but all of which together will constitute one and the same instrument. 

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

(a) Cause. “Cause” means any one or more of the following: (i) Executive’s willful failure substantially to
perform his duties and responsibilities to the Company or deliberate violation of a Company policy; (ii) Executive’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 injury to the Company; (iii) unauthorized use or disclosure by Executive of any proprietary information or trade secrets of the Company or any other party to whom Executive owes an obligation of nondisclosure as a
result of his relationship with the Company; or (iv) Executive’s willful breach of any of his obligations under any written agreement or covenant with the Company, including, without limitation, this Agreement or the Confidential
Information Agreement. With respect to sub-clauses (i) and (iv) above, prior to terminating Executive for Cause (i) the Company shall provide written notice of the events and circumstances giving
rise to Cause, (ii) the Executive shall have 30 days to cure and (iii) the Executive must have failed to cure within such 30 day cure period. 

  
 -11- 

 (b) Change in Control. “Change in Control” mean (i) the liquidation,
dissolution or winding up of the Company; (ii) any consolidation or merger of the Company with or into any other corporation or other entity or person, or any other corporate reorganizations, provided that the applicable transaction shall not
be deemed a Change in Control unless the Company’s stockholders constituted immediately prior to such transaction do not hold more than fifty percent (50%) of the voting power of the surviving or acquiring entity (or its parent) immediately
following such transaction (taking into account only voting power resulting from stock held by such stockholders prior to such transaction); (iii) any transaction or series of related transactions to which the Company is a party in which in excess
of fifty percent (50%) of the Company’s voting power outstanding before such transaction is transferred; or (iv) a sale, conveyance or other disposition of all or substantially all of the assets of the Company (including without limitation
a license of all or substantially all of the Company’s intellectual property that is either exclusive or otherwise structured in a manner that constitutes a license of all or substantially all of the assets of the Company); provided that
a Change in Control shall not include (A) a merger or consolidation with a wholly-owned subsidiary of the Company, (B) an initial public offering of the Company, (C) a transaction effected exclusively for the purpose of changing the
domicile or state of incorporation of the Company or (D) any transaction or series of related transactions principally for bona fide equity financing purposes in which the Company is the surviving corporation. Notwithstanding the foregoing, a
“Change in Control” must also constitute a “change in control event,” as defined in Treasury Regulation §1.409A-3(i)(5) with respect to any compensation or benefit that is subject to
Section 409A of the Code. 
 (c) Covered Termination. “Covered Termination” shall mean the termination of
Executive’s employment either (i) by the Company other than for Cause; or (ii) by Executive for Good Reason. 
 (d) Good
Reason. “Good Reason” means Executive’s resignation from all positions he then holds with the Company that is effective within one-hundred twenty (120) days after the occurrence,
without Executive’s written consent, of any of the following: (i) a material reduction in Executive’s Base Salary as in effect immediately prior to such reduction (other than in connection with a general reduction of base salaries
applicable to all employees in similar positions not to exceed 10%); (ii) the relocation of Executive’s primary work location to a facility or a location more than fifty (50) miles from Executive’s then present location; (iii) a
material reduction by the Company in the kind or level of employee benefits to which Executive was entitled immediately prior to such reduction with the result that Executive’s overall benefits package is significantly reduced (other than in
connection with a general reduction of benefits applicable to all employees in similar positions); or (iv) the significant reduction of Executive’s duties, authority or responsibilities (taken as a whole), relative to Executive’s
duties, authority or responsibilities as in effect immediately prior to such reduction, provided, that any change made solely as the result of the Company becoming a subsidiary or business unit of a larger company in a Change in Control shall
not provide for Executive’s resignation for Good Reason hereunder. Notwithstanding the foregoing, a resignation shall not constitute a resignation for “Good Reason” unless the condition giving rise to such resignation continues more
than thirty (30) days following Executive’s written notice of such condition provided to the Company within thirty (30) days of the first occurrence of such condition, and Executive’s resignation is effective not later than thirty
(30) days after the expiration of such thirty (30) day cure period. 
 (Signature page follows) 

  
 -12- 

 IN WITNESS WHEREOF, each of the Parties has executed this Agreement, in the case of the Company
by its duly authorized member, as of the day and year set forth below. 
  

	
	 RESTORATION ROBOTICS, INC.

	
	 /s/ Fred Moll

	
	Name: Fred Moll
	
	Title: Chairman of the Board of Directors
	
	Date: 9/1/16
	
	EXECUTIVE
	
	 /s/ Ryan Rhodes

	Name: Ryan Rhodes
	
	Date: 9/1/16

 Signature Page to Employment Agreement 

 EXHIBIT A 

SEPARATION AGREEMENT 

This Separation Agreement (the “Agreement”) by and between Ryan Rhodes (“Executive”) and Restoration
Robotics, Inc. (the “Company”) is dated as of [            ], 20[    ] and is made effective eight (8) days after Executive’s signature hereto
(the “Effective Date”), unless Executive revokes his acceptance of this Agreement pursuant to Section 5(c) below. Any reference to the Company throughout this Agreement shall include the Company, its subsidiaries and any
successors thereto. 
 A. Executive’s employment with the Company and status as an officer, director and employee of the Company and
each of its affiliates will end effective upon the Termination Date (as defined below). 
 B. Executive and the Company want to end their
relationship amicably and also to establish the obligations of the parties including, without limitation, all amounts due and owing to Executive. 

C. The payments and benefits being made available to Executive pursuant to this Agreement are intended to satisfy all outstanding obligations
under that certain employment agreement by between Executive and the Company, dated as of August 26, 2016 (the “Employment Agreement”). 

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

1. Termination Date. Executive acknowledges and agrees that his status as an officer, a member of the board of directors and employee of
the Company will end effective as of the close of business on [            ], 20[    ] (such date, the “Termination Date”). Executive hereby agrees to
execute such further document(s) as shall be determined by the Company as necessary or desirable to give effect to the termination of Executive’s status as an officer of the Company; provided that such documents shall not be inconsistent
with any of the terms of this Agreement. 
 2. Final Paycheck; Payment of Accrued Wages and Expenses. 

(a) Final Paycheck. As required by law, the Company will pay Executive within seventy two (72) hours of the
Termination Date all accrued but unpaid base salary and all accrued and unused vacation earned through the Termination Date, subject to standard payroll deductions and withholdings. Executive is entitled to these payments regardless of whether
Executive executes this Agreement. 
 (b) Business Expenses. Executive agrees that, within ten (10) business days
after the Termination Date, Executive will submit Executive’s final documented expense reimbursement statement reflecting all business expenses Executive incurred through the Termination Date, if any, for which Executive seeks reimbursement.
The Company will reimburse Executive for these expenses pursuant to its regular business practice. 
  

  
 A-1 

 3. Separation Payments and Benefits. Without admission of any liability, fact or claim,
the Company hereby agrees, subject to Executive’s execution and non-revocation of this Agreement and Executive’s performance of his continuing obligations pursuant to this Agreement, the Employment
Agreement and that certain Confidential Information and Invention Assignment Agreement entered into between Executive and the Company (the “Confidentiality Agreement”), to provide Executive the severance benefits set forth below.
Specifically, the Company and Executive agree as follows: 
 (a) Severance. The Company shall pay to Executive a lump
sum cash payment equal to $[            ], less applicable withholdings and deductions, which equals six (6) months of Executive’s annual base salary at the rate in effect
immediately prior to the Termination Date. Such payment shall be made, less applicable withholdings, on the first payroll date following the Effective Date. 

(b) Bonus. In addition, Executive shall be eligible to receive his annual bonus for 20[    ], which
is the year in which the Termination Date occurs, to the extent earned based on the attainment of applicable performance goals as determined by the Company’s board of directors in its sole discretion following December 31,
20[    ], pro-rated based on the fraction equal to [    ]/36[5], which represents the total number of days elapsed in the calendar year as of the Termination Date. If
and to the extent earned, such pro-rated bonus shall be paid out at the same time annual bonuses are paid generally to senior executives of the Company for 20[    ], less applicable
withholdings, but in no event later than March 15, 20[    ]. 
 (c) Healthcare Continuation Coverage.
The Company shall notify Executive of any right to continue group health plan coverage sponsored by the Company or an affiliate of the Company immediately prior to the Termination Date pursuant to the provisions of the Consolidated Omnibus
Budget Reconciliation Act of 1985, as amended (“COBRA”). If Executive elects to receive such continued healthcare coverage, the Company shall directly pay, or reimburse Executive for, the premium for Executive and Executive’s
covered dependents, less the amount of Executive’s monthly premium contributions for such coverage prior to termination, for the period commencing on the Termination Date through the earlier of (A) the last day of the sixth (6th) full calendar month following the Termination Date and (B) the date Executive and Executive’s covered dependents, if any, become eligible for healthcare coverage under another
employer’s plan(s). Executive agrees to notify the Company immediately if Executive becomes covered by a group health plan of a subsequent employer. After the Company ceases to pay premiums pursuant to the preceding sentence, Executive may, if
eligible, elect to continue healthcare coverage at Executive’s expense in accordance the provisions of COBRA. 
 (d)
Equity Awards: The Company shall accelerate the vesting and, if applicable, exercisability of each of Executive’s options to purchase shares of Company common stock (collectively, “Equity Awards”) as of the Termination
Date with respect to that number of unvested shares as otherwise would have vested had Executive continued employment with the Company for the six (6)-month period immediately following the Termination Date. All Equity Awards shall otherwise remain
subject in all respects to the restrictions of the applicable Equity Award agreements between the Executive and the Company and the Company’s applicable equity incentive plan. In addition, all unvested shares subject to Equity Awards held by
the Executive as of the Termination Date (after giving effect to the accelerated vesting provided under this Section 3(c)) shall continue to remain outstanding (but not continue to vest) until the three (3) month anniversary of the
Termination Date, after which time they will terminate and cease to be outstanding for no consideration. Notwithstanding the foregoing, in the event a Change in Control (as defined in the Employment Agreement) occurs on or prior to the three
(3) month anniversary of the 

  
 A-2 

 
Termination Date, then each unvested Equity Award shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall lapse, in
each case, with respect to one hundred percent (100%) of the then-unvested shares effective as of immediately prior to such Change in Control. For the avoidance of doubt, Executive’s unvested Equity Awards shall not continue to vest after the
Termination Date through the three (3) month anniversary of the Termination Date (except for the acceleration provided in this Section, if applicable), and all outstanding but unexercised shares subject to the Equity Awards (whether vested or
unvested) shall automatically terminate upon the three (3) month anniversary of the Termination Date. 
 (e) Taxes.
Executive understands and agrees that all payments under this Agreement will be subject to appropriate tax withholding and other deductions. To the extent any taxes may be payable by Executive for the benefits provided to him by this Agreement
beyond those withheld by the Company, Executive agrees to pay them himself and to indemnify and hold the Company and the other entities released herein harmless for any tax claims or penalties, and associated attorneys’ fees and costs,
resulting from any failure by him to make required payments. To the extent that any reimbursements payable pursuant to this Agreement are subject to the provisions of Section 409A of the Internal Revenue Code of 1986, as amended, such
reimbursements shall be paid to Executive no later than December 31 of the year following the year in which the expense was incurred, the amount of expenses reimbursed in one year shall not affect the amount eligible for reimbursement in any
subsequent year, and Executive’s right to reimbursement under this Agreement will not be subject to liquidation or exchange for another benefit. 

(f) Sole Separation Benefit. Executive agrees that the payments provided by this Section 3 are not required under
the Company’s normal policies and procedures and are provided as a severance solely in connection with this Agreement and the Employment Agreement. Thus, for any Company sponsored employee benefits not referenced in this Agreement, Executive
will be treated as a terminated employee effective on the Termination Date. This includes but is not limited to the Company’s 401(k) plan and Company sponsored life insurance and long-term disability insurance. Executive acknowledges and agrees
that the payments referenced in this Section 4 constitute adequate and valuable consideration, in and of themselves, for the promises contained in this Agreement. 

(g) Unemployment Benefits. After the Termination Date, Executive may apply for unemployment benefits. Whether Executive
receives benefits will be determined by the State. 
 4. Full Payment. Executive acknowledges that the payment and arrangements herein
shall constitute full and complete satisfaction of any and all amounts properly due and owing to Executive as a result of his employment with the Company and the termination thereof. Executive further acknowledges that, other than the
Confidentiality Agreement, this Agreement shall supersede each agreement entered into between Executive and the Company regarding Executive’s employment, including, without limitation, the Employment Agreement, and each such agreement shall be
deemed terminated and of no further effect as of the Termination Date. 
 5. Executive’s Release of the Company. Executive
understands that by agreeing to the release provided by this Section 5, Executive is agreeing not to sue, or otherwise file any claim against, the Company or any of its employees or other agents for any reason whatsoever based on anything that
has occurred as of the date Executive signs this Agreement. 

  
 A-3 

 (a) On behalf of Executive and Executive’s heirs and assigns, Executive
hereby releases and forever discharges the “Releasees” hereunder, consisting of the Company and each of its owners, affiliates, divisions, predecessors, successors, assigns, shareholders, subsidiaries, agents, directors, officers,
partners, employees, and insurers, and all persons acting by, through, under or in concert with them, or any of them, of and from any and all manner of action or actions, cause or causes of action, in law or in equity, suits, debts, liens,
contracts, agreements, promises, liability, claims, demands, damages, loss, cost or expense, of any nature whatsoever, known or unknown, fixed or contingent (hereinafter called “Claims”), which Executive now has or may hereafter
have against the Releasees, or any of them, by reason of any matter, cause, or thing whatsoever from the beginning of time to the date hereof, including, without limiting the generality of the foregoing, any Claims arising out of, based upon, or
relating to Executive’s hire, employment, remuneration or resignation by the Releasees, or any of them, including without limitation any and all Claims arising under federal, state, or local laws relating to employment, claims of any kind that
may be brought in any court or administrative agency, any claims arising under the Age Discrimination in Employment Act (“ADEA”), as amended, 29 U.S.C. § 621, et seq.; the Title VII of the Civil Rights Act of 1964, as
amended by the Civil Rights Act of 1991, 42 U.S.C. § 2000 et seq.; the Equal Pay Act, as amended, 29 U.S.C. § 206(d); the Civil Rights Act of 1866, 42 U.S.C. § 1981; the Family and Medical Leave Act of 1993, 29 U.S.C. §
2601 et seq.; the Americans with Disabilities Act of 1990, 42 U.S.C. § 12101 et seq.; the False Claims Act , 31 U.S.C. § 3729 et seq.; the Employee Retirement Income Security Act, as amended, 29 U.S.C. § 1001
et seq.; the Worker Adjustment and Retraining Notification Act, as amended, 29 U.S.C. § 2101 et seq. the Fair Labor Standards Act, 29 U.S.C. § 215 et seq., the Sarbanes-Oxley Act of 2002; the California Fair Employment
and Housing Act; the California Family Rights Act; the California Labor Code; California Business & Professions Code Section 17200, ordinance or statute regarding employment; Claims any other local, state or federal law governing
employment; Claims for breach of contract; Claims arising in tort, including, without limitation, Claims of wrongful dismissal or discharge, discrimination, harassment, retaliation, fraud, misrepresentation, defamation, libel, infliction of
emotional distress, violation of public policy, and/or breach of the implied covenant of good faith and fair dealing; and Claims for damages or other remedies of any sort, including, without limitation, compensatory damages, punitive damages,
injunctive relief and attorney’s fees. 
 (b) Notwithstanding the generality of the foregoing, Executive does not
release the following claims: 
 (i) Claims for unemployment compensation or any state disability insurance benefits pursuant
to the terms of applicable state law; 
 (ii) Claims for workers’ compensation insurance benefits under the terms of any
worker’s compensation insurance policy or fund of the Company; 
 (iii) Claims to continued participation in certain of
the Company’s group benefit plans pursuant to the terms and conditions of COBRA; 
 (iv) Claims to any rights and
benefits under this Agreement or benefit entitlements vested as of the date of Executive’s employment termination, pursuant to written terms of any Company employee benefit plan, including, without limitation, the terms of any Company equity
compensation plan and/or any equity compensation agreement between Executive and the Company; 

  
 A-4 

 (v) Claims for indemnification under California Labor Code Section 2802, the
Company’s Certificate of Incorporation, the Company’s Bylaws, Delaware General Corporation Law or other applicable law, and under the terms of any policy of insurance purchased by the Company; and 

(vi) Executive’s right to bring to the attention of the Equal Employment Opportunity Commission claims of discrimination;
provided, however, that Executive does release Executive’s right to secure any damages for alleged discriminatory treatment. 

(c) In accordance with the Older Workers Benefit Protection Act of 1990, Executive has been advised of the following: Executive
acknowledges that Executive is knowingly and voluntarily waiving and releasing any rights Executive may have under the ADEA. Executive also acknowledges that the consideration given for the waiver and release herein is in addition to anything of
value to which Executive was already entitled. Executive further acknowledges that Executive has been advised by this writing, as required by the ADEA, that: (i) Executive’s waiver and release do not apply to any rights or claims that may
arise after the execution date of this Agreement; (ii) Executive has been advised hereby that Executive has the right to consult with an attorney prior to executing this Agreement; (iii) Executive has
[twenty-one (21)] days from the date of this Agreement to execute this Agreement (although Executive may choose to voluntarily execute this Agreement earlier); (iv) Executive has seven (7) days following
the execution of this Agreement by Executive to revoke the Agreement, and Executive will not receive the severance benefits provided by Section 2 of the Agreement unless and until such seven (7) day period has expired; (v) this
Agreement will not be effective until the date upon which the revocation period has expired, which will be the eighth (8th) day after this Agreement is executed by Executive, provided that the Company has also executed this Agreement by that
date; and (vi) this Agreement does not affect Executive’s ability to test the knowing and voluntary nature of this Agreement. If Executive wishes to revoke this Agreement, Executive must deliver notice of Executive’s revocation in
writing, no later than 5:00 p.m. Pacific Time on the 7th day following Executive’s execution of this Agreement to [Brian Cuneo, Latham & Watkins LLP, 140 Scott Drive, Menlo Park, CA 94025, fax: (650)
463-2600]. 
 (d) EXECUTIVE ACKNOWLEDGES THAT EXECUTIVE HAS BEEN ADVISED OF AND IS
FAMILIAR WITH THE PROVISIONS OF CALIFORNIA CIVIL CODE SECTION 1542, WHICH PROVIDES AS FOLLOWS: 
 “A GENERAL RELEASE DOES NOT EXTEND
TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH, IF KNOWN BY HIM OR HER, MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR.” 

BEING AWARE OF SAID CODE SECTION, EXECUTIVE HEREBY EXPRESSLY WAIVES ANY RIGHTS EXECUTIVE MAY HAVE THEREUNDER, AS WELL AS UNDER ANY OTHER
STATUTES OR COMMON LAW PRINCIPLES OF SIMILAR EFFECT. 
  

  
 A-5 

 6. Non-Disparagement, Transition, Transfer of Company Property; Confidentiality; and Job
References. 
 (a) Non-Disparagement. Executive agrees that Executive will
not make statements or representations to any person, entity or firm which could reasonably be expected to cast the Company or any entity or employee affiliated with the Company in an unfavorable light or which could reasonably be anticipated to
adversely affect the name or reputation of the Company or any entity affiliated with the Company, or the name or reputation of any officer, agent or employee of the Company or of any entity affiliated with the Company; provided that Executive
will respond accurately and fully to any question, inquiry or request for information when required by legal process. 
 (b)
Transition. Each of the Company and Executive shall use their respective reasonable efforts to cooperate with each other in good faith to facilitate a smooth transition of Executive’s duties to other executive(s) of the Company. 

(c) Transfer of Company Property. Except as otherwise contemplated in this Agreement, on or before the Termination Date,
Executive shall turn over to the Company all files, memoranda, records, and other documents, and any other physical or personal property which are the property of the Company and which he had in his possession, custody or control at the time he
signed this Agreement. By executing and returning this Agreement, Executive is certifying that Executive has complied with Executive’s obligation herein to immediately return all Company documents and information regardless of where Executive
has maintained such Company property. Executive’s compliance with the terms of this Section 6(c) is a condition precedent to Executive’s eligibility to receive the payments and benefits described in Section 3 above. 

(d) Confidentiality. The provisions of this Agreement will be held in strictest confidence by Executive and will not be
publicized or disclosed in any manner whatsoever; provided, however, that: (i) Executive may disclose this Agreement to Executive’s immediate family; (ii) Executive may disclose this Agreement in confidence to Executive’s
attorneys, accountants, auditors, tax preparers, and financial advisors; and (iii) Executive may disclose this Agreement insofar as such disclosure may be necessary to enforce its terms or as otherwise required by law. In particular, and
without limitation, Executive agrees not to disclose the terms of this Agreement to any current or former Company employee or independent contractor. 

(e) Job References. Executive should direct any job reference inquiries to the Company’s Human Resources. Pursuant
to Company policy, in response to any such inquiries, the Company will provide only the position Executive held and the dates of employment. The Company will confirm Executive’s salary in response to any such inquiry only if Executive submits a
signed request to the Company to disclose such information. 
 7. Executive Representations. Executive warrants and represents that
(a) he has not filed or authorized the filing of any complaints, charges or lawsuits against the Company or any affiliate of the Company with any governmental agency or court, and that if, unbeknownst to Executive, such a complaint, charge or
lawsuit has been filed on his behalf, he will immediately cause it to be withdrawn and dismissed, (b) he has reported all hours worked as of the date of this Agreement and has been paid all compensation, wages, bonuses, commissions, and/or
benefits to which he may be entitled and no other compensation, wages, bonuses, commissions and/or benefits are due to him, except as provided in this Agreement, (c) he has no known workplace injuries or occupational diseases and has been
provided and/or has not been denied any leave requested under the Family and Medical Leave Act or any similar state law, (d) the execution, delivery and performance of this Agreement by 

  
 A-6 

 Executive does not and will not conflict with, breach, violate or cause a default under any agreement, contract
or instrument to which Executive is a party or any judgment, order or decree to which Executive is subject, and (e) upon the execution and delivery of this Agreement by the Company and Executive, this Agreement will be a valid and binding
obligation of Executive, enforceable in accordance with its terms. 
 8. No Assignment by Executive. Executive warrants and represents
that no portion of any of the matters released herein, and no portion of any recovery or settlement to which Executive might be entitled, has been assigned or transferred to any other person, firm or corporation not a party to this Agreement, in any
manner, including by way of subrogation or operation of law or otherwise. If any claim, action, demand or suit should be made or instituted against the Company or any other Releasee because of any actual assignment, subrogation or transfer by
Executive, Executive agrees to indemnify and hold harmless the Company and all other Releasees against such claim, action, suit or demand, including necessary expenses of investigation, attorneys’ fees and costs. In the event of
Executive’s death, this Agreement shall inure to the benefit of Executive and Executive’s executors, administrators, heirs, distributees, devisees, and legatees. None of Executive’s rights or obligations may be assigned or transferred
by Executive, other than Executive’s rights to payments hereunder, which may be transferred only upon Executive’s death by will or operation of law. 

9. Governing Law. This Agreement shall be construed and enforced in accordance with, and the rights of the parties shall be governed by,
the laws of the State of California or, where applicable, United States federal law, in each case, without regard to any conflicts of laws provisions or those of any state other than California. 

10. Miscellaneous. This Agreement, together with the Confidentiality Agreement, comprise the entire agreement between the parties with
regard to the subject matter hereof and supersedes, in their entirety, any other agreements between Executive and the Company with regard to the subject matter hereof, including without limitation the Employment Agreement. The Company and Executive
acknowledge that the termination of the Executive’s employment with the Company is intended to constitute an involuntary separation from service for the purposes of Section 409A of the Code, and the related Department of Treasury
regulations. Executive acknowledges that there are no other agreements, written, oral or implied, and that he may not rely on any prior negotiations, discussions, representations or agreements. This Agreement may be modified only in writing, and
such writing must be signed by both parties and recited that it is intended to modify this Agreement. This Agreement may be executed in separate counterparts, each of which is deemed to be an original and all of which taken together constitute one
and the same agreement. 
 11. Company Assignment and Successors. The Company shall assign its rights and obligations under this
Agreement to any successor to all or substantially all of the business or the assets of the Company (by merger or otherwise). This Agreement shall be binding upon and inure to the benefit of the Company and its successors, assigns, personnel and
legal representatives. 
 12. Maintaining Confidential Information. Executive reaffirms his obligations under the Confidentiality
Agreement. Executive acknowledges and agrees that the payments provided in Section 3 above shall be subject to Executive’s continued compliance with Executive’s obligations under the Confidentiality Agreement. 

 

  
 A-7 

 13. Executive’s Cooperation. Before, on and after the Termination Date, Executive
agrees to cooperate fully with the Company in its defense of or other participation in any administrative, judicial or other proceeding arising from any charge, complaint or other action which has been or may be filed. Upon Executive requests, with
supporting invoices, Executive will be reimbursed by the Company for reasonable out-of-pocket expenses incurred by Executive providing such cooperation. If Executive is
named as a defendant or potential defendant in any claim against the Company or Executive regarding Executive’s actions or inactions which occurred in the proper scope of Executive’s employment at the Company, the Company will provide
Executive legal defense against such claim and shall indemnify Executive against any potential liability arising under such claim to the extent permitted by law. 

(Signature page(s) follow) 

  
 A-8 

 IN WITNESS WHEREOF, the undersigned have caused this Separation Agreement to be duly executed and
delivered as of the date indicated next to their respective signatures below, which dates shall be after the Termination Date, but on or prior to the twenty-first (21st) day following the date of this Agreement. 

 

							
	 DATED:
                    , 20    
	 		 	  

		 		 	 Ryan Rhodes

			
		 		 	 RESTORATION ROBOTICS, INC.

	 DATED:
                    , 20    
	 		 		 	
		 		 	 By:
	 	  

		 		 		 	
[                   
 ]

		 		 		 	
[                   
 ]EX-10.31

 Exhibit 10.31 

Restoration Robotics, Inc. 

1383 Shore Bird Way 

Mountain View, CA 94043 

650-965-3612 

November 29, 2011 
 Charlotte Holland 

### ####### #### 
 ### ######, ## ##### 

Dear Charlotte: 
 On behalf of Restoration
Robotics, Inc. (the “Company”), I am pleased to offer you the position of Corporate Controller, reporting to James McCollum, the Company’s President & CEO. 

1. Compensation. In this exempt position, you will earn a starting annual salary of $175,000, subject to applicable tax
withholding. Your salary will be payable biweekly in accordance with the Company’s regular payroll policy. 
 2. Employee
Benefits. 
 a. Paid Time Off. You will be eligible to accrue paid vacation at the full-time rate of ten
(10) hours per calendar month, up to a maximum accrual of 240 hours. In addition, you will be eligible to accrue paid sick leave at the rate of 5 hours per calendar month, up to a maximum of 80 hours. 

b. Group Plans. The Company will provide you with the opportunity to participate in the standard benefits plans currently
available to other similarly situated employees, including medical, dental, vision, life insurance, Section 125 flexible benefits, and 401(k) retirement plans, subject to any eligibility requirements imposed by such plans. 

3. Equity Award. 

a. Stock Option. In connection with the commencement of your employment, the Company will recommend that the Board of Directors
grant you a stock option (the “Option”) to purchase 100,000 shares of the Company’s Common Stock with an exercise price equal to the fair market value on the date of the grant. The Option shares will vest at the rate of 1/4th of the total number of shares on the first anniversary of your employment start date and 1/48th of the total number of shares each month
thereafter. Vesting will, of course, depend on your continued employment with the Company. The Option will be an incentive stock option to the maximum extent allowed by the tax code and will be subject to the terms of the Company’s 2005 Stock
Plan and the Stock Option Agreement between you and the Company. 

 4. Pre-employment Conditions. 

a. Confidentiality Agreement. Your acceptance of this offer and commencement of employment with the Company is contingent upon
the execution, and delivery to an officer of the Company, of the Company’s Confidential Information and Invention Assignment Agreement, a copy of which is enclosed for your review and execution (the “Confidentiality
Agreement”), prior to or on your Start Date. 
 b. Right to Work. For purposes of federal immigration law, you will
be required to provide to the Company documentary evidence of your identity and eligibility for employment in the United States. Such documentation must be provided to us within three business days of your Start Date, or our employment relationship
with you may be terminated. 
 c. Verification of Information. This offer of employment is also contingent upon the successful
verification of the information you provided to the Company during your application process, as well as a general background check performed by the Company to confirm your suitability for employment. By accepting this offer of employment, you
warrant that all information provided by you is true and correct to the best of your knowledge, and you expressly release the Company from any claim or cause of action arising out of the Company’s verification of such information. You have a
right to review copies of any public records obtained by the Company in conducting this verification process unless you check the box below. 

5. No Conflicting Obligations. You understand and agree that by accepting this offer of employment, you represent to the Company
that your performance will not breach any other agreement to which you are a party and that you have not, and will not during the term of your employment with the Company, enter into any oral or written agreement in conflict with any of the
provisions of this letter (including all attachments) or the Company’s policies. You are not to bring with you to the Company, or use or disclose to any person associated with the Company, any confidential or proprietary information belonging
to any former employer or other person or entity with respect to which you owe an obligation of confidentiality under any agreement or otherwise. The Company does not need and will not use such information and we will assist you in any way possible
to preserve and protect the confidentiality of proprietary information belonging to third parties. Also, we expect you to abide by any obligations to refrain from soliciting any person employed by or otherwise associated with any former employer and
suggest that you refrain from having any contact with such persons until such time as any non-solicitation obligation expires. 
 6.
General Obligations. As an employee, you will be expected to adhere to the Company’s standards of professionalism, loyalty, integrity, honesty, reliability and respect for all. Please note that the Company is an equal opportunity
employer. The Company does not permit, and will not tolerate, the unlawful discrimination or harassment of any employees, consultants, or related third parties on the basis of sex, race, color, religion, age, national origin or ancestry, marital
status, veteran status, mental or physical disability or medical condition, sexual orientation, pregnancy, childbirth or related medical condition, or any other status protected by applicable law. Any questions regarding this EEO statement should be
directed to Human Resources. 

  
 -2- 

 7. At-Will Employment. Your employment with the Company will be on an “at
will” basis, meaning that either you or the Company may terminate your employment at any time for any reason or no reason, without further obligation or liability. The Company also reserves the right to modify or amend the terms of your
employment at any time for any reason. This policy of at-will employment is the entire agreement as to the duration of your employment and may only be modified in an express written agreement signed by the Chief Executive Officer of the Company.

 We are pleased to be able to extend you this offer and look forward to working with you. To indicate your acceptance of the
Company’s offer, please sign and date this letter in the space provided below and return it to me, along with a signed and dated original copy of the Confidentiality Agreement, on or before December 1, 2011. The Company requests that you
begin work in this new position on or before December 19, 2011. This letter, together with the Confidentiality Agreement, set forth the terms of your employment with the Company and supersede any prior representations or agreements, whether
written or oral. This letter will be governed by the laws of California, without regard to its conflict of laws provisions. This letter may not be modified or amended except by a written agreement, signed by an officer of the Company. 

 

			
	 Very truly yours,
  

RESTORATION ROBOTICS, INC.

		
	By:	 	Jim McCollum
		
	Title:	 	CEO

  

	
	ACCEPTED AND AGREED:
	
	 /s/ Charlotte Holland

	Signature
	
	 12/1/11

	Date

             I hereby waive my right to receive any public
records as described above. 

  
 -3- 

 Attachment A 

Confidential Information and Invention Assignment Agreement 

  
 -4- 

 CONFIDENTIAL INFORMATION AND 

INVENTION ASSIGNMENT AGREEMENT 

As a condition of my becoming employed (or my employment being continued) by Restoration Robotics, Inc., a Delaware corporation
(“Restoration Robotics”) or any of its current or future subsidiaries, affiliates, successors or assigns (collectively, the “Company”), and in consideration of my employment with the Company and my receipt of the
compensation now and hereafter paid to me by the Company, I agree to the following: 
 1. Employment Relationship. I
understand and acknowledge that this Agreement does not alter, amend or expand upon any rights I may have to continue in the employ of, for the duration of my employment with, the Company under any existing agreements between the Company and me, if
any, or under applicable law. Any employment between the Company and me, whether commenced prior to or upon the date of this Agreement, shall be referred to herein as the “Relationship.” 

2. Duties. I will perform for the Company such duties as may be designated by the Company from time to time. During the
Relationship, I will devote my best efforts to the interests of the Company and will not engage in other employment or in any activities detrimental to the best interests of the Company except as specifically provided in the Relationship or without
the prior written consent of the Company. 
 3. At-Will Relationship. I understand and acknowledge that my Relationship with
the Company is and shall continue to be at-will, as defined under applicable law, meaning that either I or the Company may terminate the Relationship at any time for any reason or no reason, without further obligation or liability. 

4. Confidential Information. 

(a) Company Information. I agree at all times during the term of my Relationship with the Company and thereafter to hold in
strictest confidence and not to use, except for the benefit of the Company to the extent necessary to perform my obligations to the Company under the Relationship, or to disclose to any person, firm, corporation or other entity without written
authorization of the Board of Directors of the Company, any Confidential Information of the Company which I obtain or create. I further agree not to make copies of such Confidential Information except as authorized by the Company. I understand that
“Confidential Information” means, including without limitation, any Company proprietary information, technical data, trade secrets or know-how, including, but not limited to, research, product plans, products, services, suppliers,
customer lists and customers (including, but not limited to, customers of the Company on whom I called or with whom I became acquainted during the Relationship), prices and costs, markets, software, developments, inventions, laboratory notebooks,
processes, formulas, technology, designs, drawings, engineering, hardware configuration information, marketing, licenses, finances, budgets, business forecasts, or other business information disclosed to me by the Company either directly or
indirectly in writing, orally or by drawings or observation of parts or equipment or created by me in any business in 

  
 -5- 

 which Company is now or may later become engaged during the period of the Relationship, whether or not during
working hours. Confidential Information shall exclude, and my obligations under this Agreement shall not apply to, information which: 
  

	 	(i)	is in the public domain or is generally known or available; 

  

	 	(ii)	hereafter becomes part of the public domain or is generally known or available through no violation of this Agreement or any other duty or agreement of confidentiality; 

 

	 	(iii)	was known to me or in my possession free of any obligation of confidence prior to Company’s disclosure hereunder; 

  

	 	(iv)	is, to my knowledge, lawfully acquired by me from any third party not bound by an obligation of confidence to the Company; 

  

	 	(v)	is required to be disclosed by me pursuant to judicial action or governmental regulations or other legal requirements; provided, however, that in such circumstances, I shall reasonably notify Company in writing prior to
making such disclosure and shall cooperate with Company (at Company’s expense) in the event that the Company elects to contest and avoid such disclosure. 

(d) Prior Obligations. I represent that my performance of all terms of this Agreement as an employee of the Company has not
breached and will not breach any agreement to keep in confidence proprietary information, knowledge or data acquired by me prior or subsequent to the commencement of my Relationship with the Company, and I will not disclose to the Company or use any
inventions, confidential or non-public proprietary information or material belonging to any previous client, employer or any other party. I will not induce the Company to use any inventions, confidential or non-public proprietary information, or
material belonging to any previous client, employer or any other party. 
 (e) Third Party Information. I recognize that the
Company has received and in the future will receive confidential or proprietary information from third parties subject to a duty on the Company’s part to maintain the confidentiality of such information and to use it only for certain limited
purposes. I agree to hold all such confidential or proprietary information in the strictest confidence and not to disclose it to any person, firm or corporation or to use it except as necessary in carrying out my work for the Company consistent with
the Company’s agreement with such third party. 
 5. Inventions. 

(a) Inventions Retained and Licensed. I have attached hereto, as Exhibit A, a list describing all inventions, original
works of authorship, developments, improvements, and trade secrets which were made by me prior to the commencement of the Relationship (collectively referred to as “Prior Inventions”), which belong solely to me or belong to me
jointly 

  
 -6- 

 with another, which relate to any of the Company’s proposed businesses, products or research and
development, and which have not been assigned to the Company hereunder; or, if no such list is attached, I represent that there are no such Prior Inventions. If, in the course of my Relationship with the Company, I incorporate into a Company
product, process or machine a Prior Invention owned by me or in which I have an interest, the Company is hereby granted and shall have a non-exclusive, royalty-free, irrevocable, perpetual, worldwide license (with the right to sublicense) to make,
have made, copy, modify, make derivative works of, use, sell and otherwise distribute such Prior Invention as part of or in connection with such product, process or machine. 

(b) Assignment of Inventions. I agree that I will promptly make full written disclosure to the Company, will hold in
trust for the sole right and benefit of the Company, and hereby assign to the Company, or its designee, all my right, title and interest throughout the world in and to any and all inventions, designs, original works of authorship, developments,
concepts, know-how, improvements or trade secrets, whether or not patentable or registrable under copyright or similar laws, which I may solely or jointly conceive or develop or reduce to practice, or cause to be conceived or developed or reduced to
practice, during the period of my Relationship with the Company (collectively referred to as “Inventions”) that are related to the field of cosmetic surgery and dermatology, or to any business in which Company is now or may later
become engaged (the “Assigned Scope”), except as specifically provided herein. I further acknowledge that all Inventions which are made by me (solely or jointly with others) within the Assigned Scope and during the period of my
Relationship with the Company are “works made for hire” (to the greatest extent permitted by applicable law) and are compensated by my salary as an employee, unless regulated otherwise by the mandatory law of the state of
California. With respect to any copyrightable work, whether published or unpublished, the Assigned Scope shall include, but not be limited to, the worldwide rights to reproduce the copyrighted work, to prepare derivative works based on the
copyrighted work, to distribute copies of the copyrighted work, to perform and to display the copyrighted work publicly, and to register the claim of copyright therein. 

(c) Maintenance of Records. I agree to keep and maintain reasonably adequate and current written records of all Inventions
within the Assigned Scope made by me (solely or jointly with others) during the term of my Relationship with the Company. The records may be in the form of notes, sketches, drawings, flow charts, electronic data or recordings, laboratory notebooks,
and any other format. The records will be available to and remain the sole property of the Company at all times. I agree not to remove such records from the Company’s place of business except as expressly permitted by Company policy which may,
from time to time, be revised at the sole election of the Company for the purpose of furthering the Company’s business. I agree to return all such records (including any copies thereof) to the Company at the time of termination of my
Relationship with the Company as provided for in Section 6. 
 (d) Patent and Copyright Rights. I agree to assist
Company, or its designee, at its expense, in every proper way to secure Company’s, or its designee’s, rights in the Inventions and any copyrights, patents, trademarks, mask work rights, moral rights, or other intellectual property rights
relating thereto in any and all countries, including the disclosure to 

  
 -7- 

 Company or its designee of all pertinent information and data with respect thereto, the execution of all
applications, specifications, oaths, assignments, recordation’s, and all other instruments which Company or its designee shall deem necessary in order to apply for, obtain, maintain and transfer such rights, or if not transferable, waive such
rights, and in order to assign and convey to Company or its designee, and any successors, assigns and nominees the sole and exclusive rights, title and interest in and to such Inventions, and any copyrights, patents, mask work rights or other
intellectual property rights relating thereto. I further agree that my obligation to execute or cause to be executed, when it is in my power to do so, any such instrument or papers shall continue after the termination of this Agreement until the
expiration of the last such intellectual property right to expire in any country of the world. If Company or its designee is unable because of my mental or physical incapacity or unavailability or for any other reason to secure my signature to apply
for or to pursue any application for any United States or foreign patents, copyright, mask works or other registrations covering Inventions or original works of authorship assigned to Company or its designee as above, then I hereby irrevocably
designate and appoint Company and its duly authorized officers and agents as my agent and attorney in fact, to act for and in my behalf and stead to execute and file any such applications and to do all other lawfully permitted acts to further the
application for, prosecution, issuance, maintenance or transfer of letters patent, copyright or other registrations thereon with the same legal force and effect as if originally executed by me. I hereby waive and irrevocably quitclaim to Company or
its designee any and all claims, of any nature whatsoever, which I now or hereafter have for infringement of any and all Inventions assigned to Company or such designee. 

(e) Exception to Assignments. I understand that the provisions of this Agreement requiring assignment of Inventions to Company
do not apply to any invention which qualifies fully under the provisions of California Labor Code Section 2870 (attached hereto as Exhibit B). I will advise the Company promptly in writing of any inventions that I believe meet such
provisions and are not otherwise disclosed on Exhibit A. 
 6. Company Property; Returning Company Documents. I
acknowledge and agree that I have no expectation of privacy with respect to the Company’s telecommunications, networking or information processing systems (including, without limitation, stored company files, e-mail messages and voice messages)
and that my activity and any files or messages on or using any of those systems may be monitored at any time without notice. I further agree that any property situated on the Company’s premises and owned by the Company, including disks and
other storage media, filing cabinets or other work areas, is subject to inspection by Company personnel at any time with or without notice. I agree that, at the time of termination of my Relationship with the Company, I will deliver to the Company
(and will not keep in my possession, recreate or deliver to anyone else) any and all devices, records, data, notes, reports, proposals, lists, correspondence, specifications, drawings, blueprints, sketches, laboratory notebooks, materials, flow
charts, equipment, other documents or property, or reproductions of any of the aforementioned items developed by me pursuant to the Relationship or otherwise belonging to the Company, its successors or assigns. In the event of the termination of the
Relationship, I agree to sign and deliver the “Termination Certification” attached hereto as Exhibit C; however, my failure to sign and deliver the Termination Certificate shall in no way diminish my continuing obligations
under this Agreement. 

  
 -8- 

 7. Notification to Other Parties. 

In the event that I leave the employ of the Company, I hereby consent to notification by the Company to my new employer about my rights and
obligations under this Agreement. 
 8. Solicitation of Employees, Consultants and Other Parties. I agree that during
the term of my Relationship with the Company, and for a period of twenty-four (24) months immediately following the termination of my Relationship with the Company for any reason, whether with or without cause, I shall not either directly or
indirectly solicit, induce, recruit or encourage any of the Company’s employees or consultants to terminate their relationship with the Company, or attempt to solicit, induce, recruit, encourage or take away employees or consultants of the
Company, either for myself or for any other person or entity. Further, during my Relationship with the Company and at any time following termination of my Relationship with the Company for any reason, with or without cause, I shall not use any
Confidential Information of the Company to attempt to negatively influence any of the Company’s clients or customers from purchasing Company products or services or to solicit or influence or attempt to influence any client, customer or other
person either directly or indirectly, to direct his or its purchase of products and/or services to any person, firm, corporation, institution or other entity in competition with the business of the Company. 

9. Representations and Covenants. 

(a) Facilitation of Agreement. I agree to execute promptly any proper oath or verify any proper document required to carry out
the terms of this Agreement upon the Company’s written request to do so. 
 (b) Conflicts. I represent that my
performance of all the terms of this Agreement does not and will not breach any agreement I have entered into, or will enter into with any third party, including without limitation any agreement to keep in confidence proprietary information acquired
by me in confidence or in trust prior to commencement of my Relationship with the Company. I agree not to enter into any written or oral agreement that conflicts with the provisions of this Agreement. 

(c) Voluntary Execution. I certify and acknowledge that I have carefully read all of the provisions of this Agreement and that I
understand and will fully and faithfully comply with such provisions. 
 10. General Provisions. 

(a) Governing Law. The validity, interpretation, construction and performance of this Agreement shall be governed by the laws of
the State of California, without giving effect to the principles of conflict of laws. 
 (b) Entire Agreement. This Agreement
sets forth the entire agreement and understanding between the Company and me relating to the subject matter herein and merges all 

  
 -9- 

 
prior discussions between us. No modification or amendment to this Agreement, nor any waiver of any rights under this Agreement, will be effective unless in writing signed by both parties. Any
subsequent change or changes in my duties, obligations, rights or compensation will not affect the validity or scope of this Agreement. 

(c) Severability. If one or more of the provisions in this Agreement are deemed void by law, then the remaining provisions will
continue in full force and effect. 
 (d) Successors and Assigns. This Agreement will be binding upon my heirs, executors,
administrators and other legal representatives, and my successors and assigns, and will be for the benefit of the Company, its successors, and its assigns. 

(e) Survival. The provisions of this Agreement shall survive the termination of the Relationship and the assignment of this
Agreement by the Company to any successor in interest or other assignee. 
 (f) Remedies. Company and I acknowledge and agree
that violation of this Agreement by either Party may cause the non-violating Party irreparable harm, and therefore the Parties agree that the non-violating Party will be entitled to seek extraordinary relief in court, including but not limited to
temporary restraining orders, preliminary injunctions and permanent injunctions without the necessity of posting a bond or other security and in addition to and without prejudice to any other rights or remedies that the non-violating Party may have
for a breach of this Agreement. 
 (g) ADVICE OF COUNSEL. I ACKNOWLEDGE THAT, IN EXECUTING THIS AGREEMENT, I HAVE HAD THE
OPPORTUNITY TO SEEK THE ADVICE OF INDEPENDENT LEGAL COUNSEL, AND I HAVE READ AND UNDERSTOOD ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT. THIS AGREEMENT SHALL NOT BE CONSTRUED AGAINST ANY PARTY BY REASON OF THE DRAFTING OR PREPARATION HEREOF.

 The parties have executed this Agreement on the respective dates set forth below: 

 

			
	COMPANY:
	Restoration Robotics, Inc.
		
	By:	 	/s/ Michael Herriet
	Name:	 	 Michael Herriet

	Title:	 	 Director, HR

	 Date:
	 	 05/8/17

 1383 Shore Bird Way 
 Mountain
View, CA 94043 

			
	EMPLOYEE:
	
	 /s/ Charlotte Holland

	an Individual:
		
	By:	 	 Charlotte Holland

		
	 Date:
	 	 12/1/11

	 Address:
	 	 [address]

	
	  

 

  
 -10- 

 EXHIBIT A 

LIST OF PRIOR INVENTIONS 

AND ORIGINAL WORKS OF AUTHORSHIP 

EXCLUDED UNDER SECTION 5 
  

							
	 Country
	  	 Title
	  	 Registration No.
	  	 Application No.

		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	

          No inventions or improvements 

         Additional Sheets Attached 

Signature of Employee:
                                         
            
 Print Name of Employee:
                                
                                        
                        Date: 

 EXHIBIT B 

Section 2870 of the California Labor Code is as follows: 

(a) Any provision in an employment agreement which provides that an employee shall assign, or offer to assign, any of his or her rights in an
invention to his or her employer shall not apply to an invention that the employee developed entirely on his or her own time without using the employer’s equipment, supplies, facilities, or trade secret information except for those inventions
that either: 
 (1) Relate at the time of conception or reduction to practice of the invention to the employer’s business, or actual or
demonstrably anticipated research or development of the employer; or 
 (2) Result from any work performed by the employee for the employer.

 (b) To the extent a provision in an employment agreement purports to require an employee to assign an invention otherwise excluded from
being required to be assigned under subdivision (a), the provision is against the public policy of this state and is unenforceable. 

  
 -2- 

 EXHIBIT C 

TERMINATION CERTIFICATION 

This is to certify that, to my knowledge, I do not have in my possession, nor have I failed to return, any devices, records, data, notes,
reports, proposals, lists, correspondence, specifications, drawings, blueprints, sketches, laboratory notebooks, flow charts, materials, equipment, other documents or property, or copies or reproductions of any aforementioned items belonging to
Restoration Robotics, Inc., its subsidiaries, affiliates, successors or assigns (together the “Company”). 
 I further
certify that I have complied with all the terms of the Company’s Confidential Information and Invention Assignment Agreement signed by me, including the reporting of any inventions and original works of authorship (as defined therein),
conceived or made by me (solely or jointly with others) covered by that agreement. 
 I further agree that, in compliance with the
Confidential Information and Invention Assignment Agreement, I will preserve as confidential all trade secrets, confidential knowledge, data or other proprietary information relating to products, processes, know-how, designs, formulas, developmental
or experimental work, computer programs, data bases, other original works of authorship, customer lists, business plans, financial information or other subject matter pertaining to any business of the Company or any of its employees, clients,
consultants or licensees. 
 I further agree that for twenty-four (24) months from the date of this Certificate, I shall not either
directly or indirectly solicit, induce, recruit or encourage any of the Company’s employees or consultants to terminate their relationship with the Company, or attempt to solicit, induce, recruit, encourage or take away employees or consultants
of the Company, either for myself or for any other person or entity. Further, I shall not at any time use any Confidential Information of the Company to negatively influence any of the Company’s clients or customers from purchasing Company
products or services or to solicit or influence or attempt to influence any client, customer or other person either directly or indirectly, to direct his or its purchase of products and/or services to any person, firm, corporation, institution or
other entity in competition with the business of the Company. 

Date:                         
             
  

	
	  

	(Employee’s Signature)
	
	  

	(Type/Print Employee’s Name)

  
 -3- 

 RESTORATION ROBOTICS, INC. 

AMENDMENT TO EMPLOYMENT AGREEMENT 

This Amendment to the Employment Agreement between Restoration Robotics, Inc. (the “Company”) and Charlotte Holland
(“Employee”) dated November 29, 2011 (the “Agreement”) is made and effective as of December 12, 2013 between the Company and Employee (the “Amendment”). 

WHEREAS, the Company has entered into the Agreement with Employee; and 

WHEREAS, the Company and Employee wish to amend the Agreement upon and subject to the terms and conditions contained herein. 

NOW, THEREFORE, the Company and Employee agree that the Agreement shall be amended as follows: 

Amendment. A new Section 8(A) shall be added to the Agreement to read as follows: 

“8. Severance: Accelerated Vesting. 

(a) In the event your employment is terminated without “Cause” (as defined in the Company’s 2005 Stock Plan) or you resigned
for “Good Reason” (as defined below), you will be entitled to receive as severance: (i) a total of two months of continued base salary and benefits if the termination occurs after February 4, 2014 and before February 4,
2015, (ii) a total of four months of continued base salary and benefits if the termination occurs on or after February 4, 2015 and before February 4, 2016, and (iii) a total of six months of continued base salary and benefits if
the termination occurs on or after February 4, 2016. 
 (b) In addition, if your employment is terminated without “Cause” or
you resigned for “Good Reason” in connection with or during the one-year period following a Change of Control) as defined in the Company’s 2005 Stock Plan), then 100% of the then unvested shares under the Option shall vest
immediately. 
 (c) For purposes of this Agreement, your voluntary resignation will be deemed to be for “Good Reason” if it
results from any of the following: (i) without your express written consent, the significant reduction of your duties, authority or responsibilities (taken as a whole), relative to your duties, authority or responsibilities as in effect
immediately prior to such reduction: (ii) a material reduction by the Company, without your express written consent, in your base salary as in effect immediately prior to such reduction (other than in connection with a general reduction of base
salaries applicable to all employees in similar positions); (iii) a material reduction by the Company, without your express written consent, in the kind of level of employee benefits to which you were entitled immediately prior to such
reduction with the result that your overall benefits package is significantly reduced (other than in connection with a 

 
general reduction of benefits applicable to all employees in similar positions); (iv) the relocation of your primary work location to a facility or a location more than 50 miles from your
then present location, without your express written consent; or (v) the failure of the Company to obtain the assumption of this Agreement by any successors. 

(d) In all cases, the foregoing several and acceleration of vesting benefits shall be subject to your execution of a general release of claims
in form and substance reasonable satisfactory to the Company.” 
 1. Full Force and Effect. To the extent not expressly amended
hereby, the Agreement remains in full force and effect. 
 2. Entire Agreement. This Amendment, together with the Agreement (to the
extent not amended hereby) and all exhibits thereto represent the entire agreement of the parties and shall supersede any and all previous contracts, arrangements or understandings between the parties with respect to the subject matter herein. 

3. Governing Law. This Amendment shall be governed by and construed and interpreted under the laws of the State of California without
reference to conflicts of law principles. 
 4. Modification. This Amendment may not be altered, amended or modified in any way
except by written consent of the Company and Employee. Waiver of any term or provision of this Amendment or forbearance to enforce any term or provision by any party shall not constitute a waiver as to any subsequent breach or failure of the same
term or provision or a waiver of any other term or provisions of this Amendment. 
 5. Counterparts. This Amendment may be executed
in counterparts, each of which shall be declared an original, but all of which together shall constitute one and the same instrument. 
 IN WITNESS
WHEREOF, this Amendment has been entered into as of the date first set forth above. 
  

			
	 RESTORATION ROBOTICS, INC.
  

		
	By:	 	 /s/ James McCollum

	Name:	 	James McCollum
	Title	 	Chief Executive Officer

			
	 EMPLOYEE
  

		
	By:	 	 /s/ Charlotte Holland

	Name:	 	Charlotte Holland

 

 EXHIBIT B 

CHANGE OF CONTROL AND SEVERANCE PLAN 
  

	 	•	 	Eligibility: All Vice President level employees upon hiring or promotion to such position. 

  

	 	•	 	Change of Control Benefit: Full acceleration of all unvested options if terminated without “cause” or resignation for “good reason” within 12 months of a change of control event. Applies to
all option grants. 

  

	 	•	 	Severance Benefit: Lump sum cash payment and continuation of benefit in an amount and time dependent on time as service as Vice President 

 

	 	•	 	Lump sum payment of 2 months’ salary and 2 months continuation of company sponsored benefits if provided service as Vice President for at least 12 months but less than 24 months 

 

	 	•	 	Lump sum payment of 4 months’ salary and 4 months continuation of company sponsored benefits if provided service as Vice President for at least 24 months but less than 36 months 

 

	 	•	 	Lump sum payment of 6 months’ salary and 6 months continuation of company sponsored benefits if provided service as Vice President for 36 months or greater 

Approved in the Apr 10, 2014 BOD Meeting 

  
 8

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00274-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00274-of-00352.parquet"}]]