Document:

EX-10.25

 Exhibit 10.25 

SUN NATIONAL BANK 

CHANGE IN CONTROL SEVERANCE AGREEMENT 

Amended and Restated 
 THIS CHANGE
IN CONTROL SEVERANCE AGREEMENT (“Agreement”) entered into this 18th day of December, 2008 (“Effective Date”), by and between Sun National Bank (the “Bank”) and
Bradley J. Fouss (the “Executive”). 
 WHEREAS, the Executive is currently employed by the Bank as Senior Vice President, and is
experienced in all phases of the business of the Bank; and 
 WHEREAS, the parties desire by this writing to set forth the rights and
responsibilities of the Bank and Executive if the Bank should undergo a change in control (as defined hereinafter in the Agreement) after the Effective Date. 

NOW, THEREFORE, each party, intending to be legally bound, does hereby agree, as follows: 

1. Employment. The Executive is employed in the capacity as Senior Vice President of the Bank. The Executive’s employment shall be
for no definite period of time and the Executive or the Bank may terminate such employment relationship at any time for any reason or no reason. The employment at-will relationship remains in full force and effect regardless of any statements to the
contrary made by company personnel or set forth in any documents other than those explicitly made to the contrary and signed by the President of the Bank. The Executive shall render such administrative and management services to the Bank and the Sun
Bancorp, Inc., the parent bank holding company (“Company”) as are currently rendered and as are customarily performed by persons situated in a similar executive capacity. The Executive’s other duties shall be such as the Board of
Directors for the Bank (the “Board of Directors” or “Board”) may from time to time reasonably direct, including normal duties as an officer of the Bank and the Company. 

2. Term of Agreement. The term of this Agreement shall be for the period commencing on the Effective Date and ending one year thereafter
(“Term”). Additionally, as of each October 15th, thereafter, the Term of this Agreement shall be extended for an additional period such that the Term of the Agreement as of such date of extension shall be for a new one-year period
thereafter; provided, however, such Term shall not be automatically extended as of October 15th of any given year if the Board shall give the Executive written notice not later September 1 immediately prior to such October 15th date
that the Board has made a determination by an affirmative vote of not less than a majority of the members of the full Board then in office that such Agreement shall not be extended thereafter absent a future affirmative determination and resolution
of the Board of Directors that the Term of such Agreement shall be extended beyond the then in effect expiration date of such Agreement. The Term shall refer to the initial Term or any subsequent extension of such Term thereafter. 

3. Termination of Employment in Connection with or Subsequent to a Change in Control. 

(a) Notwithstanding any provision herein to the contrary, in the event of the involuntary termination of Executive’s employment with the
Bank during the Term of this Agreement within 18 months following any Change in Control of the Company or Bank, absent termination for Just Cause, Executive shall be paid an amount equal to the product of (1.50) times the Executive’s
aggregate taxable compensation paid by the Company and the Bank as reported, or to be reported, on the IRS Form W-2, box 1, or IRS Form 1099 for the most recently completed calendar year ending on, or before, the date of such Change in Control
(which compensation amount for such year shall be annualized if during such year such term of employment is less than for the full calendar year). Said sum shall be paid by the Bank to the Executive in one (1) lump sum not later than the date
of Executive’s termination of service. 
 In addition, the Executive and his dependents shall be eligible to continue coverage under
the Bank’s (or its successor’s) medical and dental insurance reimbursement plans similar to that in effect on the date of Termination of Employment for a period of not less than 18 months following the date of such Termination of
Employment at the participants’ election and expense. 

 Notwithstanding the forgoing, all sums payable hereunder shall be reduced in such manner and to
such extent so that no such payments made hereunder when aggregated with all other payments to be made to the Executive by the Bank or the Company shall be deemed an “excess parachute payment” in accordance with Section 280G of the
Internal Revenue Code of 1986, as amended (“Code”), and thereby subject the Executive to the excise tax provided at Section 4999(a) of the Code. The term “Change in Control” shall refer to (i) the sale of all, or a
material portion, of the assets of the Company or the Bank; (ii) the merger or recapitalization of the Company or the Bank whereby the Company or the Bank is not the surviving entity; (iii) a change in control of the Company or the Bank,
as otherwise defined or determined by the Office of the Comptroller of the Currency or regulations promulgated by it; or (iv) the acquisition, directly or indirectly, of the beneficial ownership (within the meaning of that term as it is used in
Section 13(d) of the Securities Exchange Act of 1934 and the rules and regulations promulgated thereunder) of twenty-five percent (25%) or more of the outstanding voting securities of the Company or
the Bank by any person, trust, entity or group. The term “person” means an individual other than the Executive, or a corporation, partnership, trust, association, joint venture, pool, syndicate, sole proprietorship, unincorporated
organization or any other form of entity not specifically listed herein. The provisions of this Section 3(a) shall survive the expiration of this Agreement occurring after a Change in Control. 

(b) Notwithstanding any other provision of this Agreement to the contrary, Executive may voluntarily terminate his employment during the Term
of this Agreement within 18 months following a Change in Control of the Company or Bank, and Executive shall thereupon be entitled to receive the payment described in Section 3(a) of this Agreement, upon the initial occurrence, or within 90
days thereafter, of any of the following events, which have not been consented to in advance by the Executive in writing: 
 (i) a material
diminution in the Executive’s base compensation; 
 (ii) a material diminution in the Executive’s authority, duties, or
responsibilities; 
 (iii) a material diminution in the budget over which the Executive retains authority; 

(iv) the Executive would be required to move his personal residence or perform his principal executive functions more than thirty-five
(35) miles from the Executive’s primary office as of the date of the signing of this Agreement; or 
 (v) any other action or
inaction that constitutes a material breach by the Bank of this Agreement. 
 The provisions of this Section 3(b) shall survive the
expiration of this Agreement occurring after a Change in Control. 
 Notwithstanding the foregoing, in the event that the Executive gives
notice to the Bank with respect to his Termination of Employment in accordance with Section 3(b), the Bank will have a period of 30 calendar days following notice from the Executive during which period the Bank may remedy the condition giving
rise to such right to terminate employment. In the event that the Bank shall, in good faith remedy such circumstances giving rise to such right to terminate employment within such 30 day period, such notice of Termination of Employment shall be
deemed withdrawn and not be deemed effective and the Bank shall not be required to pay the amount due to the Executive under Section 3(a) with respect to such event. 

4. Other Changes in Employment Status. Except as provided for at Section 3, herein, the Board of Directors may terminate the
Executive’s employment at any time with or without Just Cause within its sole discretion. This Agreement shall not be deemed to give the Executive any right to be retained in the employment or service of the Bank, or to interfere with the right
of the Bank to terminate the employment of the Executive at any time. The Executive shall have no right to receive compensation or other benefits for any period after Termination of Employment with or without Just Cause. Termination for “Just
Cause” shall include termination because of the Executive’s personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any
law, rule or regulation (other than traffic violations or similar offenses) or final cease-and-desist order issued by a federal banking regulatory having regulatory authority over the Bank or Company, or a material breach of any provision of the
Agreement 
 5. Regulatory Exclusions. 

(a) Notwithstanding anything herein to the contrary, any payments made to the Executive pursuant to the Agreement, or otherwise, shall be
subject to and conditioned upon compliance with 12 USC ‘1828(k) and any regulations promulgated thereunder. 
 (b) This Agreement shall
be amended to the extent necessary to comply with Section 409A of the Code and regulations promulgated thereunder. Prior to such amendment, and notwithstanding anything contained herein to the contrary, this Agreement shall be construed in a
manner consistent with Section 409A of the Code and the parties shall take such actions as are required to comply in good faith with the provisions of Section 409A of the Code such that payments shall not be made to the Executive at such
time if such payments shall subject the Executive to the penalty tax under Section 409A, but rather such payments shall be made by the Bank to the Executive at the earliest time permissible thereafter without the Executive having liability for
such penalty tax under Section 409A. 

  
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 (c) Notwithstanding anything herein to the contrary, if and to the extent termination payments
under Section 3 shall constitute deferred compensation within the meaning of the Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) and regulations promulgated thereunder, and if the payment under
Section 3 does not qualify as a short-term deferral under Code Section 409A and Treas. Reg. §1.409A-1(b)(4) (or any similar or successor provisions), and the Executive is a Specified Employee within the meaning of Section 409A of
the Code and regulations promulgated thereunder, then the payment of such termination payments that constitute deferred compensation under Section 409A shall comply with Code Section 409A(a)(2)(B)(i) and the regulations thereunder, which
generally provide that distributions of deferred compensation (within the meaning of Code Section 409A) to a Specified Employee that are payable on account of Termination of Employment may not commence prior to the six (6) month
anniversary of the Executive’s Termination of Employment (or, if earlier, the date of the Executive’s death). Amounts that would otherwise be distributed to the Executive during such six (6) month period but for the preceding sentence
shall be accumulated and paid to the Executive on the 185th day following the date of the Executive’s Termination of Employment. 

“Specified Employee” means, for an applicable twelve (12) month period beginning on April 1, a key employee (as described
in Code Section 416(i), determined without regard to paragraph (5) thereof) during the calendar year ending on the December 31 immediately preceding such April 1. 

“Termination of Employment” shall have the same meaning as “separation from service”, as that phrase is defined in Code
Section 409A (taking into account all rules and presumptions provided for in the Code Section 409A regulations). 
 (d)
Notwithstanding the six-month delay rule set forth in Section 5(c) above: 
 (i) To the maximum extent permitted under Code
Section 409A and Treas. Reg. §1.409A-1(b)(9)(iii) (or any similar or successor provisions), the Bank will pay the Executive an amount equal to the lesser of two times (1) the maximum amount that may be taken into account under a
qualified plan pursuant to Code Section 401(a)(17) for the year in which the Executive’s Termination of Employment occurs, and (2) the sum of the Executive’s annualized compensation based upon the annual rate of pay for services
provided to the Bank for the taxable year of the Executive preceding the taxable year of the Executive in which his Termination of Employment occurs (adjusted for any increase during that year that was expected to continue indefinitely if the
Executive had not had a Termination of Employment); provided that amounts paid under this Section 5(d) must be paid no later than the last day of the second taxable year of the Executive following the taxable year of the Executive in which
occurs the Termination of Employment and such amounts paid will count toward, and will not be in addition to, the total payment amount required to be made to the Executive by the Bank under Section 3; and 

(ii) To the maximum extent permitted under Code Section 409A and Treas. Reg. §1.409A-1(b)(9)(v)(D) (or any similar or successor
provisions), within ten (10) days of the Termination of Employment, the Bank will pay the Executive an amount equal to the applicable dollar amount under Code Section 402(g)(1)(B) for the year of the Executive’s Termination of
Employment; provided that the amount paid under this Section 5(d) will count toward, and will not be in addition to, the total payment amount required to be made to the Executive by the Bank under Section 3. 

(e) To the extent that any reimbursements or in-kind payments are subject to Code Section 409A, then such expenses (other than medical
expenses) must be incurred before the last day of the second taxable year following the taxable year in which the termination occurred, provided that any reimbursement for such expenses be paid before the Executive’s third taxable year
following the taxable year in which the termination occurred. For medical expenses, to the extent the Agreement entitles the Executive to reimbursement by the Bank of payments of medical expenses incurred and paid by the Executive but not reimbursed
by a person other than the Bank and allowable as a deduction under Code Section 213 (disregarding the requirement of Code Section 213(a) that the deduction is available only to the extent that such expenses exceed 7.5 percent of adjusted
gross income), then the reimbursement applies during the period of time during which the Executive would be entitled (or would, but for the Agreement, be entitled) to continuation coverage under a group health plan of the Bank under Code
Section 4980B (COBRA) if the Executive elected such coverage and paid the applicable premiums. 

  
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 6. No Duty to Mitigate. The Executive shall not be required to mitigate the amount of any
payment of severance benefits if he or she accepts other compensation for employment with another entity. 
 7. Successors and
Assigns. 
 (a) This Agreement shall inure to the benefit of and be binding upon any corporate or other successor of the Bank which shall
acquire, directly or indirectly, by merger, consolidation, purchase or otherwise, all or substantially all of the assets or stock of the Bank. 

(b) The Executive shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of
the Bank. 
 8. Amendments. No amendments or additions to this Agreement shall be binding upon the parties hereto unless made in
writing and signed by both parties, except as herein otherwise specifically provided. 
 9. Applicable Law. This agreement shall be
governed by all respects whether as to validity, construction, capacity, performance or otherwise, by the laws of the State of New Jersey, except to the extent that Federal law shall be deemed to apply. 

10. Severability. The provisions of this Agreement shall be deemed severable and the invalidity or unenforceability of any provision
shall not affect the validity or enforceability of the other provisions hereof. 
 11. Arbitration. Any controversy or claim arising
out of or relating to this Agreement, or the breach thereof, shall be settled by arbitration in accordance with the rules then in effect of the district office of the American Arbitration Association (“AAA”) nearest to the home office of
the Bank, and judgment upon the award rendered may be entered in any court having jurisdiction thereof, except to the extend that the parties may otherwise reach a mutual settlement of such issue. The Bank shall reimburse Executive for all
reasonable costs and expenses, including reasonable attorneys’ fees, arising from such dispute, proceedings or actions, following the delivery of the decision of the arbitrator that the Executive’s claim has merit, whether or not the
arbitrator finds in favor of the Executive. The provisions of this Section 11 shall survive the expiration of this Agreement occurring after a Change in Control. 

12. Non-Disclosure. Executive will not, during or after the Term of this Agreement, directly or
indirectly, disseminate or disclose to any person, firm or entity, except to his or her legal advisor, the terms of this Agreement without the written consent of the Bank. 

13. Release in Favor of the Company and the Bank . If the Executive is due to receive a payment by the Bank in accordance with
Section 3 of this Agreement upon a Termination of Employment, the Executive shall within 35 calendar days of such Termination of Employment, execute and deliver to the Bank a full release in favor of the Company, the Bank, their respective
affiliates and subsidiaries, and their respective officers and directors, which release shall (i) be in form and content which is fully compliant with all of those provisions of law to which the release pertains, and reasonably satisfactory to
counsel to the Bank; (ii) cover all actual or potential claims arising from the Executive’s employment with the Company, the Bank, their respective affiliates and subsidiaries, and the termination of such employment with all such entities;
and (iii) be prepared, reviewed and executed in a manner which is consistent with all requirements of law, including, without limitation, the Age Discrimination in Employment Act and the Older Workers Benefit Protection Act. Notwithstanding the
foregoing, such release shall not apply to (i) earned but unpaid salary, (ii) rights to vested benefits under employee benefit plans, (iii) rights to benefits as a former employee (including but not limited to insurance continuation
and/or conversion rights under group medical, life and disability insurance plans), (iv) rights to continuing coverage under directors’ and officers and other errors and omissions insurance as well as rights to indemnification under
applicable charter and by-law provisions or corporate policy; (v) rights in respect of outstanding stock options that are exercisable following termination of employment in accordance with the terms of such options, (vi) rights as a
shareholder or customer of the Company, the Bank or any affiliate and (vii) rights under this Agreement. 
 14. Entire Agreement.
This Agreement together with any understanding or modifications thereof as agreed to in writing by the parties, shall constitute the entire agreement between the parties hereto and shall supersede any prior agreements with respect to the matters set
forth herein. 

  
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 IN WITNESS WHEREOF, the parties have executed this Agreement on the date first hereinabove
written. 
  

			
	SUN NATIONAL BANK
		
	By:	 	 /s/ Thomas X. Geisel

		 	Thomas X. Geisel
		 	President and Chief Executive Officer
	
	EXECUTIVE
		
	By:	 	 /s/ Bradley J. Fouss

		 	Bradley J. Fouss

 ADDENDUM TO CHANGE IN CONTROL SEVERANCE AGREEMENT 

THIS ADDENDUM (the “Addendum”) to the Change in Control Severance Agreement (the “Agreement”), dated December 18,
2008, by and between Sun National Bank (the “Bank”) and Bradley J. Fouss (the “Executive”) is effective as of December 20, 2012 (the “Addendum Effective Date”) as follows: 

1. Section 3(a) of the Agreement shall be amended by replacing the last sentence of the first paragraph in its entirety to provide as follows: 

“Said sum shall be paid by the Bank to the Executive in one (1) lump sum as of the Payment Date, as that term is defined at
Section 13 herein.” 
 2. Section 13 of the Agreement shall be amended by the addition at the end of Section 13 of the following: 

“Notwithstanding anything herein to the contrary, such payments due in accordance with Section 3 herein shall be made to the
Executive by the Bank on the date which is sixty (60) days following the date of Termination of Employment (such date being referred to as the “Payment Date”); provided that the Executive shall have executed and delivered to the Bank
the release required in accordance with Section 13 herein and all permissible revocation periods have lapsed without being exercised by the Executive as of such Payment Date. If the release requirements at Section 13 have not been
satisfied by the Executive as of such Payment Date, then the obligations of the Bank to make the payments in accordance with Section 3 herein to the Executive shall be nullified at such time.” 

Except as otherwise set forth in this Addendum, all of the other provisions of the Agreement (as incorporated herein to the Addendum by reference) shall
remain in full force and effect. 
 IN WITNESS WHEREOF, the Bank has caused this Addendum to be executed by its duly authorized
officer and the Executive has signed this Addendum, each as of the 20th day of December, 2012, each such party intending to be legally bound thereby. 
  

			
	SUN NATIONAL BANK
		
	By:	 	 /s/ Thomas X. Geisel

		 	 Thomas X. Geisel
 President and Chief
Executive Officer

	
	EXECUTIVE
		
	By:	 	 /s/ Bradley J. Fouss

		 	Bradley J. FoussEX-10.8

 Exhibit 10.8 

FINJAN HOLDINGS, INC. 

OPTION AGREEMENT 
 Made as
of the    day of        , 201     
  

			
	BETWEEN:	 	        Finjan Holdings, Inc.
		
		 	A company incorporated under the laws of the State of Delaware, USA
		
		 	                  (hereinafter the “Company”)
		
		 	on the one part    

  

					
	AND:	 	Name:	 	                            
			
		 		 	I.D. No:                     
			
		 		 	Address:
			
		 		 	(hereinafter the “Optionee”)
			
		 		 	on the other part            

  

	1.	Preamble and Definitions 

  

	 	1.1.	The preamble to this agreement constitutes an integral part hereof. 

  

	 	1.2.	Unless otherwise defined herein, capitalized terms used herein shall have the meaning ascribed to them in the Finjan Holdings, Inc. 2013 Global Share Option Plan (the “GSOP”). 

 

	2.	Grant of Options 

  

	 	2.1.	The Company hereby grants to the Optionee the number of Options as set forth in Exhibit A attached hereto, each Option shall be exercisable into one Share (subject to the adjustments set forth in the
GSOP), upon payment of the Purchase Price as set forth in Exhibit A, subject to the terms and the conditions as set forth in the GSOP and as provided herein. 

 

	 	2.2.	This Option is intended to be a Nonstatutory Stock Option, as specified in Exhibit A. 

  

	 	2.3.	Notwithstanding anything to the foregoing, the Purchase Price shall not be less than 100% of the Fair Market Value of the underlying Shares on the date of grant or such other amount as may be required pursuant to the
Code. 

  

	 	2.4.	The Optionee is aware that the Company intends in the future to issue additional shares and to grant additional options to various entities and individuals, as the Company in its sole discretion shall determine.

  

	3.	Period of Option and Conditions of Exercise 

  

	 	3.1.	The terms of this Option Agreement shall commence on the Date of Grant and terminate at the Expiration Date, or at the time at which the Option expires or otherwise terminates pursuant to the terms of the GSOP or
pursuant to this Option Agreement. 

  

	 	3.2.	Options may be exercised only to purchase whole Shares, and in no case may a fraction of a Share be purchased. If any fractional Share would be deliverable upon exercise, such fraction shall be rounded up one-half or
less, or otherwise rounded down, to the nearest whole number. 

	4.	Reserved 

  

	5.	Vesting; Period of Exercise 

  

	 	5.1.	Subject to the provisions of the GSOP, Options shall vest and become exercisable according to the Vesting Dates set forth in Exhibit A attached hereto, provided that the Optionee is an Employee of or
providing services to the Company and/or its Affiliates on the applicable Vesting Date, and subject to the provisions of Section 2.12.2 of the GSOP. 

  

	 	5.2.	All unexercised Options granted to the Optionee shall terminate and shall no longer be exercisable on the Expiration Date, as described in Section 10.2 of the GSOP. 

 

	6.	Exercise of Options 

  

	 	6.1.	Options may be exercised in accordance with the provisions of Section 10.1 of the GSOP. 

  

	 	6.2.	In order for the Company to issue Shares upon the exercise of any of the Options, the Optionee hereby agrees to sign any and all documents required by any applicable law and/or by the Company’s Certificate of
Incorporation. The Optionee further agrees that in the event that the Company and its counsel deem it necessary or advisable, in their sole discretion, the issuance of Shares may be conditioned upon certain representations, warranties, and
acknowledgments by the Optionee. 

  

	 	6.3.	The Company shall not be obligated to issue any Shares upon the exercise of an Option if such issuance, in the opinion of the Company, might constitute a violation by the Company of any provision of law.

  

	 	6.4.	Optionee’s Representations. In the event that the underlying Shares have not been registered under the Securities Act of 1933, as amended, at the time this Option is exercised, the Optionee shall, if
required by the Company, concurrently with the exercise of all or any portion of this Option, deliver to the Company his or her Investment Representation Statement in the form attached hereto as Exhibit B. 

 

	7.	Restrictions on Transfer of Options and Shares and Additional Provisions 

  

	 	7.1.	The transfer of Options and the transfer of Shares to be issued upon exercise of the Options shall be subject to the limitations set forth in the GSOP, this Agreement, and in the Company’s Certificate of
Incorporation (including without limitation, any rights of first refusal as may be specified therein), or in any applicable law including securities law of any jurisdiction. 

 

	 	7.2.	The Optionee acknowledges that in the event Company’s shares shall be registered for trading in any public market, the Optionee’s right to sell Shares may be subject to limitations (including a lock-up
period), as will be required by the Company or its underwriters, and the Optionee unconditionally agrees and accepts any such limitations. The Optionee acknowledges that in order to enforce the above restriction, the Company may impose stop-transfer
instructions with respect to the exercised Shares. 

	 	7.3.	The Optionee shall not dispose of any Shares in transactions which violate, in the opinion of the Company, any applicable laws, rules and regulations. 

 

	 	7.4.	The Optionee agrees that the Company shall have the authority to endorse upon the certificate or certificates representing the Shares such legends referring to the foregoing restrictions, and any other applicable
restrictions as it may deem appropriate (which do not violate the Optionee’s rights according to this Option Agreement). 

  

	8.	Taxes; Indemnification 

  

	 	8.1.	The Optionee agrees that the Company does not have a duty to design or administer the GSOP or its other compensation programs in a manner that minimizes the Optionee’s tax liabilities. Any tax consequences arising
from the grant or exercise of any Option, from the payment for Shares covered thereby or from any other event or act (of the Company and/or its Affiliates, the Trustee or the Optionee), hereunder, shall be borne solely by the Optionee. The Company
and/or its Affiliates and/or the Trustee shall withhold taxes according to the requirements under the applicable laws, rules, and regulations, including withholding taxes at source. In the event that the Company and/or its Affiliates determine that
it is required to withhold any tax as a result of the exercise of this Option, the Optionee, as a condition to the exercise of this Option, shall make arrangements satisfactory to the Company and/or its Affiliates to enable it to satisfy all
withholding requirements. The Optionee shall also make arrangements satisfactory to the Company and/or its Affiliates to enable it to satisfy any withholding requirements that may arise in connection with the disposition of Shares purchased by
exercising this Option. Furthermore, the Optionee hereby agrees to indemnify the Company and/or its Affiliates and/or the Trustee and hold them harmless against and from any and all liability for any such tax or interest or penalty thereon,
including without limitation, liabilities relating to the necessity to withhold, or to have withheld, any such tax from any payment made to the Optionee. 

  

	 	8.2.	The Optionee will not be entitled to receive from the Company and/or the Trustee any Shares allocated or issued upon the exercise of Options prior to the full payments of the Optionee’s tax liabilities arising from
Options which were granted to him and/or Shares issued upon the exercise of Options. For the avoidance of doubt, neither the Company nor the Trustee shall be required to release any share certificate to the Optionee until all payments required to be
made by the Optionee have been fully satisfied. 

  

	 	8.3.	The receipt of the Options and the acquisition of the Shares to be issued upon the exercise of the Options may result in tax consequences. THE OPTIONEE IS ADVISED TO CONSULT A TAX ADVISER WITH RESPECT TO THE TAX
CONSEQUENCES OF RECEIVING OR EXERCISING THIS OPTION OR DISPOSING OF THE SHARES. 

  

	9.	Miscellaneous 

  

	 	9.1.	No Obligation to Exercise Options. The grant and acceptance of these Options imposes no obligation on the Optionee to exercise it. 

 

	 	9.2.	Confidentiality. The Optionee shall regard the information in this Option Agreement and its exhibits attached hereto, as well as any related documents and materials provided to Optionee in connection therewith,
as confidential information and the Optionee shall not reveal its contents to anyone except when required by law or for the purpose of gaining legal or tax advice. 

	 	9.3.	Data Privacy Notice and Consent. In accepting the Options herein, the Optionee expressly consents to the collection, use and transfer, in electronic or other form, of his personal Data, as described below, by and
among Company and its Affiliates and/or Trustee and/or other custodian and/or the applicable tax authorities for the exclusive purpose of implementing, administering and managing Optionee’s participation in the GSOP. In addition, the Optionee
acknowledges that Company and/or Affiliates may hold certain personal information concerning the Optionee, including, but not limited to, the Optionee’s name, home address and telephone number, date of birth, social insurance number or other
identification number, salary, nationality, job title, any shares of stock or directorships held in Company and/or Affiliates, details of all Options or any other entitlement to shares awarded, canceled, vested, unvested or outstanding in the
Participant’s favor (“Data”), for the purpose of implementing, administering and managing the GSOP; (ii) Data may be transferred to any third parties assisting in the implementation, administration and management of the
GSOP, including to third parties outside of the jurisdiction in which the Optionee resides and further transfers thereafter, or elsewhere, and that the third parties’ countries may have different data privacy laws and protections than the
Optionee’s country; and (iii) Participant may request a list with the names and addresses of such third parties by contacting the Company. The Optionee further acknowledges that he may refuse or withdraw his consent to the above at no cost
by contacting in writing the Company and that such refusal or withdrawal of consent may affect the Optionee’s ability to participate in the GSOP. 

  

	 	9.4.	Continuation of Employment or Service. Neither the GSOP nor this Option Agreement shall impose any obligation on the Company and/or an Affiliate to continue the Optionee’s employment or service and nothing
in the GSOP or in this Option Agreement shall confer upon the Optionee any right to continue in the employ or service of the Company and/or an Affiliate or restrict the right of the Company and/or an Affiliate to terminate such employment or service
at any time. 

  

	 	9.5.	No other Rights. The Optionee hereby acknowledges that participation in the GSOP is voluntary. The value of the Options is an extraordinary item of compensation outside the scope of the Optionee’s normal
employment and compensation rights, if any. As such, the Options are not part of normal or expected compensation for purposes of calculating any payments due to severance, resignation, redundancy, end of service, bonuses, long-service awards,
pensions or retirement benefits or similar payments unless specifically and otherwise provided in the plans or agreements governing such compensation. The GSOP is discretionary in nature and may be amended, cancelled, or terminated by the Company,
in its sole discretion, at any time. The grant of Options under the GSOP is a one-time benefit and does not create any contractual or other right to receive any other grant of Options or other awards under the GSOP in the future. Future grants, if
any, will be at the sole discretion of the Company, including, but not limited to, the timing of the grant, the form of award, number of shares subject to an award, vesting, and exercise or settlement provisions, as relevant. 

 

	 	9.6.	Entire Agreement. Subject to the provisions of the GSOP as may be amended or supplemented from time to time by the Company, to which this Option Agreement is subject, this Option Agreement, together with the
exhibits hereto, constitute the entire agreement between the Optionee and the Company with respect to Options granted hereunder, and supersedes all prior agreements, understandings and arrangements, oral or written, between the Optionee and the
Company with respect to the subject matter hereof. 

  

	 	9.7.	 No Waiver; Severability. The failure of any party to enforce at any time any provisions of this Option Agreement or the GSOP shall in no way be
construed to be a waiver of such provision or of any other provision hereof. If one or more of the provisions of this Option Agreement shall be held unenforceable, the enforceability of the remaining provisions shall

	 	
not be affected; to the extent permissible by law, any provisions which could be deemed null and void shall first be revised retroactively to permit the provisions herein to be interpreted to
carry out their intent and the intent of this Option Agreement and the GSOP. 

  

	 	9.8.	Provisions of the GSOP. The Options provided for herein are granted pursuant to the GSOP and said Options and this Option Agreement are in all respects governed by the GSOP and subject to all of the terms and
provisions of the GSOP. In the event of a conflict between the provisions of the GSOP and this Option Agreement, the terms and conditions of the GSOP shall prevail. However, this Option Agreement sets out specific terms for the Options, and those
terms shall prevail over more general terms in the GSOP on the same issue, if any, or in the event of a conflict between such terms. 

  

	 	9.9.	Binding Effect. The GSOP and this Option Agreement shall be binding upon the heirs, executors, administrators and successors of the parties hereof. 

 

	 	9.10.	Notices. All notices or other communications given or made hereunder shall be in writing and shall be delivered or mailed by registered mail or delivered by email or facsimile with written confirmation of receipt
to the Optionee and/or to the Company at the addresses shown on the letterhead above, or at such other place as the Company may designate by written notice to the Optionee. The Optionee is responsible for notifying the Company in writing of any
change in the Optionee’s address, and the Company shall be deemed to have complied with any obligation to provide the Optionee with notice by sending such notice to the address indicated on the letterhead above. Notwithstanding the foregoing,
to the extent permitted by law, Company may deliver any documents related to the GSOP, this Option Agreement and/or to the Options by electronic means. The Optionee hereby consents to receive such documents by electronic delivery and agrees to
participate in the GSOP through an on-line or electronic system established and maintained by Company or another third party designated by Company. 

  

	 	9.11.	Language. If the Optionee has received the terms of this Option Agreement or any other GSOP related documents translated into a language other than English and if the translated version is different than the
English version, the English version will control. 

  

	 	9.12.	Counterparts. This Option Agreement may be executed in two or more counterparts, each of which shall he deemed an original and all of which together shall constitute one instrument. 

IN WITNESS WHEREOF, the undersigned have executed this Option Agreement as of the date first written above. 

 

			
	FINJAN HOLDINGS, INC.
		
	By:	 	  

	Name:	 	
	Title:	 	

 I, the undersigned, hereby acknowledge receipt of a copy of the GSOP and accept the Options subject to all of the
terms and provisions thereof. I have reviewed the GSOP and this Option Agreement in its entirety, have had an opportunity to obtain the advice of counsel prior to executing this Option Agreement, and fully understand all provisions of this Option
Agreement. I hereby agree to accept as binding, conclusive and final all decisions or interpretations of the Board upon any questions relating to the GSOP and this Option Agreement. I further agree to notify the Company upon any change in the
residence address indicated above. 
  

                       
                                         
                 
 Optionee’s Signature 

Attachments: 
  

			
	 Exhibit A:
	  	Terms of the Option
		
	 Exhibit B:
	  	Investment Representation Statement

 EXHIBIT B 

TERMS OF THE OPTION 
  

			
	Name of the Optionee:	 	
		
	Date of Grant:	 	
		
	Designation:	 	Nonstatutory Stock Option
		
	 1.      Number of Options granted:
	 	
		
	 2.      Purchase Price:
	 	
		
	 3.      Vesting Dates:
	 	

  

					
	                                      
              	  	                                     
                   	  	
	Optionee	  	Company	  	

 EXHIBIT C 

Investment Representation Statement 
  

							
	OPTIONEE:	  	  
	  		  	
	COMPANY:	  	 Finjan Holdings, Inc.
	  		  	
				
	SECURITY:	  	  
	  		  	
	AMOUNT:	  	  
	  		  	
	DATE:	  	  
	  		  	

 In connection with the purchase of the above-listed Securities, the undersigned Optionee represents to the
Company the following: 
 (i) Optionee is aware of the Company’s business affairs and financial condition and has acquired sufficient information about
the Company to reach an informed and knowledgeable decision to acquire the Securities. Optionee is acquiring these Securities for investment for Optionee’s own account only and not with a view to, or for resale in connection with, any
“distribution” thereof within the meaning of the Securities Act of 1933, as amended (the “Securities Act”). 

(ii) Optionee acknowledges and understands that the Securities constitute “restricted securities” under the Securities Act and have
not been registered under the Securities Act in reliance upon a specific exemption therefrom, which exemption depends upon, among other things, the bona fide nature of Optionee’s investment intent as expressed herein. In this connection,
Optionee understands that, in the view of the Securities and Exchange Commission, the statutory basis for such exemption may be unavailable if Optionee’s representation was predicated solely upon a present intention to hold these Securities for
the minimum capital gains period specified under tax statutes, for a deferred sale, for or until an increase or decrease in the market price of the Securities, or for a period of one year or any other fixed period in the future. Optionee further
understands that the Securities must be held indefinitely unless they are subsequently registered under the Securities Act or an exemption from such registration is available. Optionee further acknowledges and understands that the Company is under
no obligation to register the Securities. Optionee understands that the certificate evidencing the Securities will be imprinted with a legend which prohibits the transfer of the Securities unless they are registered or such registration is not
required in the opinion of counsel satisfactory to the Company, and any other legend required under applicable state securities laws. 

(iii) Optionee is familiar with the provisions of Rule 701 and Rule 144, each promulgated under the Securities Act, which, in
substance, permit limited public resale of “restricted securities” acquired, directly or indirectly from the issuer thereof, in a non-public offering subject to the satisfaction of certain conditions. Rule 701 provides that if the
issuer qualifies under Rule 701 at the time of the grant of the Option to the Optionee, the exercise will be exempt from registration under the Securities Act. In the event the Company becomes subject to the reporting requirements of
Section 13 or 15(d) of the Securities Exchange Act of 1934, ninety (90) days thereafter (or such longer period as any market stand-off agreement may require) the Securities exempt under Rule 701 may be resold, subject to the
satisfaction of certain of the conditions specified by Rule 144, including: (1) the resale being made through a broker in an unsolicited “broker’s transaction” or in transactions directly with a market maker (as said
term is defined under the Securities Exchange Act of 1934); and, in the case of an affiliate, (2) the availability of certain public information about the Company, (3) the amount of Securities being sold during any three month period not
exceeding the limitations specified in Rule 144(e), and (4) the timely filing of a Form 144, if applicable. 

 In the event that the Company does not qualify under Rule 701 at the time of grant of the
Option, then the Securities may be resold in certain limited circumstances subject to the provisions of Rule 144, which requires the resale to occur not less than one year after the later of the date the Securities were sold by the Company
or the date the Securities were sold by an affiliate of the Company, within the meaning of Rule 144; and, in the case of acquisition of the Securities by an affiliate, or by a non-affiliate who subsequently holds the Securities less than two
years, the satisfaction of the conditions set forth in sections (1), (2), (3) and (4) of the paragraph immediately above. 
 (iv)
Optionee further understands that in the event all of the applicable requirements of Rule 701 or 144 are not satisfied, registration under the Securities Act, compliance with Regulation A, or some other registration exemption will be required;
and that, notwithstanding the fact that Rules 144 and 701 are not exclusive, the Staff of the Securities and Exchange Commission has expressed its opinion that persons proposing to sell private placement securities other than in a registered
offering and otherwise than pursuant to Rules 144 or 701 will have a substantial burden of proof in establishing that an exemption from registration is available for such offers or sales, and that such persons and their respective brokers who
participate in such transactions do so at their own risk. Optionee understands that no assurances can be given that any such other registration exemption will be available in such event. 

Signature of Optionee: 

Date:

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