Document:

Exhibit 10.1

 Exhibit 10.1 
 F5 NETWORKS, INC. 
 ASSUMED
LINERATE SYSTEMS, INC. 
 Third Amended and Restated 2009
Equity Incentive Plan 
 Effective Date: February 11, 2013 

 Table of Contents 

 

							
	 	    	 	  	Page	 
		
	 ARTICLE I INTRODUCTION
	  	 	1	  
	 1.1
	    	 Acquisition by the Company
	  	 	1	  
	 1.2
	    	 Establishment
	  	 	1	  
	 1.3
	    	 Purpose
	  	 	1	  
		
	 ARTICLE II DEFINITIONS
	  	 	1	  
	 2.1
	    	 Definitions
	  	 	1	  
	 2.2
	    	 Gender and Number
	  	 	5	  
		
	 ARTICLE III PLAN ADMINISTRATION
	  	 	5	  
	 3.1
	    	 General
	  	 	5	  
	 3.2
	    	 Delegation by Committee
	  	 	6	  
	 3.3
	    	 Contractual Limitations
	  	 	6	  
		
	 ARTICLE IV STOCK SUBJECT TO THE PLAN
	  	 	6	  
	 4.1
	    	 Number of Shares
	  	 	6	  
	 4.2
	    	 Limit on Options
	  	 	6	  
	 4.3
	    	 Other Shares of Stock
	  	 	7	  
	 4.4
	    	 Adjustments for Stock Split, Stock Dividend, Etc.
	  	 	7	  
	 4.5
	    	 Other Distributions and Changes in the Stock.
	  	 	7	  
	 4.6
	    	 General Adjustment Rules
	  	 	7	  
	 4.7
	    	 Determination by the Committee, Etc.
	  	 	8	  
		
	 ARTICLE V CORPORATE REORGANIZATION; CHANGE IN CONTROL
	  	 	8	  
	 5.1
	    	 Default Provisions
	  	 	8	  
	 5.2
	    	 Assumption or Substitution of Options
	  	 	8	  
	 5.3
	    	 Provisions Applicable at the Discretion of the Committee.
	  	 	9	  
	 5.4
	    	 Company Actions
	  	 	10	  
		
	 ARTICLE VI PARTICIPATION
	  	 	10	  
		
	 ARTICLE VII OPTIONS
	  	 	11	  
	 7.1
	    	 Grant of Options
	  	 	11	  
	 7.2
	    	 Stock Option Agreements
	  	 	11	  
	 7.3
	    	 Restrictions on Incentive Options.
	  	 	14	  
	 7.4
	    	 Transferability.
	  	 	14	  
	 7.5
	    	 Stockholder Privileges
	  	 	15	  
		
	 ARTICLE VIII RESTRICTED STOCK AWARDS
	  	 	15	  
	 8.1
	    	 Grant of Restricted Stock Awards
	  	 	15	  
	 8.2
	    	 Restrictions
	  	 	15	  
	 8.3
	    	 Privileges of a Stockholder, Transferability
	  	 	15	  
	 8.4
	    	 Enforcement of Restrictions
	  	 	15	  
		
	 ARTICLE IX OTHER GRANTS
	  	 	16	  

  
 i 

							
		
	 ARTICLE X RIGHTS OF PARTICIPANTS
	  	 	16	  
	 10.1
	    	 Employment or Service
	  	 	16	  
	 10.2
	    	 Nontransferability of Awards
	  	 	16	  
	 10.3
	    	 No Plan Funding
	  	 	16	  
		
	 ARTICLE XI GENERAL RESTRICTIONS
	  	 	17	  
	 11.1
	    	 Investment Representations
	  	 	17	  
	 11.2
	    	 Compliance with Securities Laws
	  	 	17	  
	 11.3
	    	 Changes in Accounting or Tax Rules
	  	 	17	  
	 11.4
	    	 Stockholder Agreements
	  	 	17	  
		
	 ARTICLE XII PLAN AMENDMENT, MODIFICATION AND TERMINATION
	  	 	17	  
		
	 ARTICLE XIII WITHHOLDING REQUIREMENT
	  	 	18	  
		
	 ARTICLE XIV REQUIREMENTS OF LAW
	  	 	18	  
	 14.1
	    	 Requirements of Law
	  	 	18	  
	 14.2
	    	 Federal Securities Law Requirements
	  	 	18	  
	 14.3
	    	 Section 409A
	  	 	18	  
	 14.4
	    	 Governing Law
	  	 	18	  
		
	 ARTICLE XV DURATION OF THE PLAN
	  	 	18	  

  
 ii 

 F5 NETWORKS, INC. 

ASSUMED LINERATE SYSTEMS, INC. 

THIRD AMENDED AND RESTATED 2009 EQUITY INCENTIVE PLAN 
 ARTICLE I 
 INTRODUCTION 

1.1 Acquisition by the Company. On February 11, 2013, F5 Networks, Inc., a Washington corporation (the
“Company”), acquired all of the outstanding capital stock of LineRate Systems, Inc., a Delaware corporation (“LineRate”) (such acquisition, the “Acquisition”). In connection
with the Acquisition, the Company assumed the LineRate Systems, Inc. Third Amended and Restated 2009 Equity Incentive Plan, as amended by Amendment No. 1 to LineRate Systems, Inc. Third Amended and Restated Equity Incentive Plan, which the
Company has further amended as set forth herein. 
 1.2 Establishment. The Company adopts this F5 Networks, Inc.
Assumed LineRate Systems, Inc. Third Amended and Restated 2009 Equity Incentive Plan (the “Plan”) effective as of the Effective Date. The Plan is established for selected employees, consultants and advisors and non-employee
directors of LineRate and its Affiliates. The Plan permits the grant of incentive stock options within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended, non-qualified stock options, restricted stock awards, and other
stock grants to selected employees, to consultants and advisors and non-employee directors of LineRate and its Affiliates. 

1.3 Purpose. The purpose of the Plan is to provide financial incentives for selected employees, consultants
and advisors, and non-employee directors of LineRate and its Affiliates, thereby promoting the long-term growth and financial success of LineRate by (a) attracting and retaining the most qualified officers, directors, key employees, and other
persons, (b) strengthening the capability of LineRate and its Affiliates to develop, maintain and direct a competent management team, (c) providing an effective means for selected employees, consultants and advisors and non-employee
directors to acquire and maintain a direct proprietary interest in the operations and future success of LineRate, (d) motivating employees to achieve long-range performance goals and objectives, and (e) providing incentive compensation
opportunities competitive with those of other organizations. 
 ARTICLE II 

DEFINITIONS 
 2.1 Definitions. The following terms shall have the meanings set forth below: 
 (a) “Affiliate” means, with respect to LineRate or the Company, as applicable, (i) any Subsidiary of LineRate or the Company, as applicable, and (ii) any other
corporation or entity that is affiliated with LineRate or the Company, as applicable, through stock ownership or otherwise and is designated as an “Affiliate” by the Board, provided, however, that for purposes of Incentive Options granted
pursuant to the Plan, an “Affiliate” means any parent or subsidiary of the Company as defined in Section 424 of the Code. 

 (b) “Award” means an Option, a Restricted Stock Award, grants of
Stock pursuant to Article IX or other issuances of Stock hereunder. 
 (c) “Award Agreement” means an
Option Agreement, Restricted Stock Agreement or a written agreement evidencing any other Award under this Plan. 
 (d)
“Board” means the Board of Directors of the Company. 
 (e) “Change in Control”
means the following: 
 (i) Merger; Reorganization. Any consolidation or merger of the Company with or into any other
corporation or other entity or person, or any other corporate reorganization, in which the stockholders of the Company immediately prior to such consolidation, merger or reorganization, own less than fifty percent (50%) of the voting power of
the surviving or successor entity immediately after such consolidation, merger or reorganization, or 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 is transferred, excluding (A) any consolidation or merger effected exclusively to change the domicile of the Company and (B) any transaction or series of transactions principally for bona fide equity financing
purposes in which cash is received by the Company or any successor or indebtedness of the Company is cancelled or converted or a combination thereof; or 
 (ii) Other Transactions. A sale, lease or other disposition of all or substantially all of the assets of the Company. 
 (f) “Code” means the Internal Revenue Code of 1986, as it may be amended from time to time. 
 (g) “Committee” means the Board, or if so delegated by the Board, a committee consisting of not less than two members of the Board who are empowered hereunder to take actions in
the administration of the Plan. If applicable, the Committee shall be so constituted at all times as to permit the Plan to comply with Rule 16b-3 or any successor rule promulgated under the Exchange Act. Except as provided in Section 3.2, the
Committee shall select Participants from Eligible Employees, Eligible Consultants and Eligible Non-Employee Directors of LineRate and its Affiliates and shall determine the Awards to be made pursuant to the Plan and the terms and conditions thereof.

 (h) “Disabled” or “Disability” means total and permanent disability as
defined in Section 22(e)(3) of the Code. 
 (i) “Domestic Relations Order” means any judgment,
decree, or order (including approval of a property settlement agreement) that is made pursuant to a state domestic relations law and that relates to the provision of child support, alimony payments, or marital property rights to a spouse, former
spouse, child, or other dependent of a Participant. 
 (j) “Effective Date” means the effective date of
the Plan, February 11, 2013. 
 (k) “Eligible Consultants” means those consultants and advisors to
LineRate or an Affiliate prior to February 11, 2013, who are determined, by the Committee, to be individuals (i) whose services are important to LineRate or an Affiliate and who are eligible to receive Awards, other than

 
Incentive Options, under the Plan, and (ii) who meet the conditions for eligibility under Rule 701 promulgated under the Securities Act or such other exemptions from registration under the
Securities Act as may be applicable. 
 (l) “Eligible Employees” means those employees (including,
without limitation, officers and directors who are also employees) of LineRate or any Affiliate prior to February 11, 2013, upon whose judgment, initiative and efforts LineRate or any Affiliate is, or will become, largely dependent for the
successful conduct of its business. For purposes of the Plan, an employee is any individual who provides services to LineRate or any Affiliate as a common law employee and whose remuneration is subject to the withholding of federal income tax
pursuant to Section 3401 of the Code. The term “Eligible Employee” shall not include any individual (A) who provides services to LineRate or an Affiliate under an agreement, contract, or any other arrangement pursuant to which
the individual is initially classified as an independent contractor; (B) who began services for LineRate or any Affiliate on or after February 11, 2013; or (C) whose remuneration for services has not been treated initially as subject
to the withholding of federal income tax pursuant to Section 3401 of the Code even if the individual is subsequently reclassified as a common law employee as a result of a final decree of a court of competent jurisdiction or the settlement of
an administrative or judicial proceeding. Leased employees shall not be treated as employees under this Plan. 
 (m)
“Eligible Non-Employee Director” means any person serving on the Board prior to February 11, 2013, who is not an employee of LineRate or any Affiliate. 

(n) “Exchange Act” means the Securities Exchange Act of 1934, as it may be amended from time to time. 

(o) “Fair Market Value” means, as of a given date, the value of Stock determined as follows: 

(i) If the Stock is listed on any established stock exchange or a national market system, including without limitation the Nasdaq Global
Select Market, the Nasdaq Global Market or the Nasdaq Capital Market of the Nasdaq Stock Market, its Fair Market Value will be the closing sales price for such stock (or the closing bid, if no sales were reported) as quoted on such exchange or
system on the day of determination (or if the Shares were not traded on such date, on the immediately preceding trading date), as reported in The Wall Street Journal or such other source as the Committee deems reliable; 

(ii) If the Stock is regularly quoted by a recognized securities dealer but selling prices are not reported, the Fair Market Value of a
Share will be the mean between the high bid and low asked prices for the Stock on the day of determination (or, if no bids and asks were reported on that date, as applicable, on the last trading date such bids and asks were reported), as reported in
The Wall Street Journal or such other source as the Committee deems reliable; or 
 (iii) In the absence of an established
market for the Stock, the Fair Market Value will be determined in good faith by the Committee. 
 (p) “Forfeiture
Restrictions” shall have the meaning given to that term in Section 8.2 hereof. 
 (q) “Incentive
Option” means an Option designated as such and granted in accordance with Section 422 of the Code. 

 (r) “Involuntary Termination” means, unless explicitly provided
otherwise in an Award Agreement, the termination of the Service of any individual which occurs by reason of: 
 (i) such
individual’s involuntary dismissal or discharge by LineRate or an Affiliate for reasons other than Misconduct, or 
 (ii)
such individual’s voluntary resignation following (A) a change in his or her position with LineRate or an Affiliate which materially reduces his or her duties and responsibilities or the level of management to which he or she reports,
(B) (1) a reduction of 10% or more of his or her base salary or (2) a material reduction in his or her level of compensation (including base salary, fringe benefits and target bonus under any corporate-performance based bonus or
incentive programs) or (C) a relocation of such individual’s place of employment by more than fifty (50) miles, provided and only if such change, reduction or relocation is effected without the individual’s consent and is other
than in connection with a general reduction of base salaries or compensation among employees of LineRate. 
 (s)
“LineRate” means LineRate Systems, Inc., a Delaware corporation. 
 (t)
“Misconduct” means the commission of any act of fraud, embezzlement or dishonesty by the Participant, any material unauthorized use or disclosure by such person of confidential information or trade secrets of LineRate, the
Company or any Affiliate thereof, or any other intentional misconduct by such person adversely affecting the business or affairs of LineRate, the Company or any Affiliate thereof in a material manner. The foregoing definition shall not in any way
preclude or restrict the right of LineRate or any Affiliate to discharge or dismiss the Participant from the Service of LineRate or any Affiliate for any other acts or omissions, but such other acts or omissions shall not be deemed, for purposes of
the Plan, to constitute grounds for termination for Misconduct. 
 (u) “Non-Qualified Option” means any
Option other than an Incentive Option. 
 (v) “Option” means a right to purchase Stock at a stated or
formula price for a specified period of time. Options granted under the Plan shall be either Incentive Options or Non-Qualified Options. 
 (w) “Option Agreement” shall have the meaning given to that term in Section 7.2 hereof. 
 (x) “Option Holder” means a Participant who has been granted one or more Options under the Plan. 
 (y) “Option Period” means the period of time, determined by the Committee, during which an Option may be exercised by the Option Holder. 

(z) “Option Price” shall have the meaning given to that term in Section 7.2(b) hereof. 

(aa) “Participant” means an Eligible Employee, Eligible Consultant, or Eligible Non-Employee Director designated
by the Committee from time to time during the term of the Plan to receive one or more of the Awards available under the Plan. 

(bb) “Repurchase Rights” shall have the meaning given to that term in Section 7.2(c) hereof. 

 (cc) “Restricted Stock Agreement” shall have the meaning given to
that term in Section 8.1 hereof. 
 (dd) “Restricted Stock Award” means an award of Stock granted
to a Participant pursuant to Article VIII that is subject to certain restrictions imposed in accordance with the provisions of such Section. 
 (ee) “Section 16” means Section 16 of the Exchange Act. 
 (ff) “Securities Act” means the Securities Act of 1933, as it may be amended from time to time. 
 (gg) “Service” means service to LineRate or an Affiliate as an employee, a non-employee director or a consultant or advisor, except to the extent otherwise specifically provided in
an Award Agreement. The Committee determines which leaves of absence count toward Service, and when Service terminates for all purposes under the Plan. Further, unless otherwise determined by the Committee, a Participant’s Service shall not be
deemed to have terminated merely because of a change in capacity in which the Participant provides Service to LineRate or an Affiliate or a transfer between LineRate and its Affiliates; provided there is no interruption or other termination of
Service. 
 (hh) “Share” means one whole share of Stock. 

(ii) “Stock” means the common stock of the Company. 

(jj) “Subsidiary” means any corporation more than 50% of the outstanding voting securities of which are owned by
LineRate or the Company, as applicable, or any other Subsidiary, directly or indirectly, or a partnership or limited liability company in which LineRate or the Company, as applicable, or any Subsidiary is a general partner or manager or holds
interests entitling it to receive more than 50% of the profits or losses of the partnership or limited liability company. 

(kk) “Successor” shall have the meaning given to that term in Section 5.1(a) hereof. 

2.2 Gender and Number. Except when otherwise indicated by the context, the masculine gender shall also include the feminine
gender, and the definition of any term herein in the singular shall also include the plural. 
 ARTICLE III 

PLAN ADMINISTRATION 
 3.1 General. The Plan shall be administered by the Committee. In accordance with the provisions of the Plan, the Committee shall, in its sole discretion, select the Participants from among the
Eligible Employees, Eligible Consultants and Eligible Non-Employee Directors, determine the Awards to be made pursuant to the Plan, or shares of Stock to be issued thereunder and the time at which such Awards are to be made, fix the Option Price,
period and manner in which an Option becomes exercisable, establish the duration and nature of Restricted Stock Award restrictions, establish the terms and conditions applicable to, and establish such other terms and requirements of the various
compensation incentives under the Plan as the Committee may deem necessary or desirable, and consistent with the terms of the Plan. The Committee shall determine the form or forms of the agreements with Participants that shall evidence the
particular 

 
provisions, terms, conditions, rights and duties of the Company and the Participants with respect to Awards granted pursuant to the Plan, which provisions need not be identical except as may be
provided herein; provided, however, that Eligible Consultants and Eligible Non-Employee Directors shall not be eligible to receive Incentive Options. The Committee may from time to time adopt such rules and regulations for carrying out the purposes
of the Plan as it may deem proper and in the best interests of the Company. The Committee may correct any defect, supply any omission or reconcile any inconsistency in the Plan or in any agreement entered into hereunder in the manner and to the
extent it shall deem expedient and it shall be the sole and final judge of such expediency. The Committee and each member thereof, and any person acting pursuant to authority delegated by the Committee, shall be entitled, in good faith, to rely or
act upon any report or other information furnished by any executive officer, other officer or employee of the Company, LineRate or any Affiliates thereof or the Company’s or LineRate’s auditors, consultants or any other agents assisting in
the administration of the Plan. Members of the Committee, any person acting pursuant to authority delegated by the Committee, and any officer or employee of the Company, LineRate or any Affiliates thereof acting at the direction or on behalf of the
Committee shall not be personally liable for any action or determination taken or made in good faith with respect to the Plan, and shall, to the extent permitted by law, be fully indemnified and protected by the Company with respect to any such
action or determination. The determinations, interpretations and other actions of the Committee pursuant to the provisions of the Plan shall be binding and conclusive for all purposes and on all persons. 

3.2 Delegation by Committee. The Committee may, from time to time, delegate, to specified officers of the Company, the power and
authority to grant Awards under the Plan to specified groups of Eligible Employees, Eligible Consultants and Eligible Non-Employee Directors, subject to such restrictions and conditions as the Committee, in its sole discretion, may impose. The
delegation shall be as broad or as narrow as the Committee shall determine. To the extent that the Committee has delegated the authority to determine certain terms and conditions of an Award, all references in the Plan to the Committee’s
exercise of authority in determining such terms and conditions shall be construed to include the officer or officers to whom the Committee has delegated the power and authority to make such determination. The power and authority to grant Awards to
any Eligible Employee, Eligible Consultant or Eligible Non-Employee Director who is covered by Section 16(b) of the Exchange Act shall not be delegated by the Committee. 
 3.3 Contractual Limitations. The Committee shall in exercising its discretion under the Plan comply with all contractual obligations of the Company and LineRate in effect from time to time, whether
contained in the Certificates of Incorporation, By-laws or other binding contracts of the Company or LineRate. 
 ARTICLE IV

 STOCK SUBJECT TO THE PLAN 
 4.1 Number of Shares. The maximum aggregate number of Shares that may be issued under the Plan pursuant to Awards is 201,478 Shares. Upon exercise of an option (whether granted under this Plan or
otherwise), the Shares issued upon exercise of such option shall no longer be considered to be subject to an outstanding Award or option for purposes of the immediately preceding sentence. Notwithstanding anything to the contrary contained herein,
no Award granted hereunder shall become void or otherwise be adversely affected solely because of a change in the number of Shares of the Company that are issued and outstanding from time to time, provided that changes to the issued and outstanding
Shares may result in adjustments to 

 
outstanding Awards in accordance with the provisions of this Article IV. The maximum number of Shares that may be issued under Incentive Options is 201,478 Shares. The Shares may be either
authorized and unissued Shares or previously issued Shares acquired by the Company. The maximum numbers may be increased from time to time by approval of the Board and by the stockholders of the Company if, in the opinion of counsel for the Company,
stockholder approval is required. The Company shall at all times during the term of the Plan and while any Options are outstanding retain as authorized and unissued Stock at least the number of Shares from time to time required under the provisions
of the Plan, or otherwise assure itself of its ability to perform its obligations hereunder. 
 4.2 Limit on Options. The
maximum number of Shares with respect to which a Participant may receive Options under the Plan during the term of the Plan is 201,478 Shares. The maximum number may be increased from time to time by approval of the Board and by the stockholders of
the Company if, in the opinion of counsel for the Company, stockholder approval is required. Stockholder approval shall not be required for increases solely pursuant to Section 4.4 below. 

4.3 Other Shares of Stock. Any Shares that are subject to an Option that expires or for any reason is terminated unexercised and
any Shares that are subject to an Award (other than an Option) and that are forfeited shall automatically become available for use under the Plan. 
 4.4 Adjustments for Stock Split, Stock Dividend, Etc. 
 If the Company shall at any time
increase or decrease the number of its outstanding Shares or change in any way the rights and privileges of such Shares by means of the payment of a stock dividend or any other distribution upon such Shares payable in Stock, or through a stock
split, subdivision, consolidation, combination, reclassification or recapitalization involving the Stock, then in relation to the Stock that is affected by one or more of the above events, the numbers, exercise price, rights and privileges of the
following shall be increased, decreased or changed in like manner as if they had been issued and outstanding, fully paid and nonassessable at the time of such occurrence: (i) the Shares as to which Awards may be granted under the Plan,
(ii) the Shares then included in each outstanding Award granted hereunder, (iii) the maximum number of Shares available for grant to any one person pursuant to Section 4.2, (iv) the maximum number of Shares available for grant
pursuant to Incentive Options, and (v) the number of Shares subject to a delegation of authority under Section 3.2 of this Plan. 
 4.5 Other Distributions and Changes in the Stock. 
 (a) If the Company
shall at any time distribute with respect to the Stock assets or securities of persons other than the Company (excluding (i) cash or (ii) distributions referred to in Section 4.4), or 

(b) if the Company shall at any time grant to the holders of its Stock rights to subscribe pro rata for additional shares thereof or for
any other securities of the Company, or 
 (c) if there shall be any other change (except as described in Section 4.4) in
the number or kind of outstanding Shares or of any stock or other securities into which the Stock shall be changed or for which it shall have been exchanged; and if the Committee shall in its discretion determine that the event described in
subsection (a) or (b) above equitably requires an adjustment in the number or kind of Shares subject to an Option or other Award, an adjustment in the Option Price or the taking of any

 
other action by the Committee, including without limitation, the setting aside of any property for delivery to the Participant upon the exercise of an Option or the full vesting of an Award, then
such adjustments shall be made, or other action shall be taken, by the Committee and shall be effective for all purposes of the Plan and on each outstanding Option or Award that involves the particular type of stock for which a change was effected.
Notwithstanding the foregoing provisions of this Section 4.5, pursuant to Section 8.3 below, a Participant holding Stock received as a Restricted Stock Award shall have the right to receive all amounts, including cash and property of any
kind, distributed with respect to the Stock after such Restricted Stock Award was granted upon the Participant’s becoming a holder of record of the Stock. 
 4.6 General Adjustment Rules. No adjustment or substitution provided for in this Article IV shall require the Company to sell a fractional Share under any Option, or otherwise issue a fractional
Share, and the total substitution or adjustment with respect to each Option and other Award shall be limited by deleting any fractional Share. In the case of any such substitution or adjustment, the aggregate Option Price for the total number of
Shares then subject to an Option shall remain unchanged but the Option Price per Share under each such Option shall be equitably adjusted by the Committee to reflect the greater or lesser number of Shares or other securities into which the Stock
subject to the Option may have been changed, and appropriate adjustments shall be made to other Awards to reflect any such substitution or adjustment. 
 4.7 Determination by the Committee, Etc. 
 Adjustments under this Article IV shall be made
by the Committee, whose determinations with regard thereto shall be final and binding upon all parties thereto. 
 ARTICLE V

 CORPORATE REORGANIZATION; CHANGE IN CONTROL 

5.1 Default Provisions. Unless explicitly provided otherwise in an Award Agreement and subject to Section 5.3 below:

 (a) The Shares subject to each Option outstanding under the Plan at the time of a Change in Control shall automatically vest
in full so that each such Option shall, immediately prior to the Change in Control, become exercisable for all of the Shares at the time subject to that Option and may be exercised for any or all of those Shares as fully-vested Shares of Stock.
However, the Shares subject to an outstanding Option shall not vest in full on such an accelerated basis if and to the extent: (i) such Option is assumed by the successor corporation or other successor entity (or a parent thereof)
(the “Successor”) or otherwise continued in full force and effect pursuant to the terms of the Change in Control transaction and any repurchase rights of the Company with respect to the unvested Shares subject to such Option
are concurrently assigned to such Successor or otherwise continued in effect, or (ii) such Option is to be replaced with a cash incentive program of the Company or any Successor which preserves the spread between the Option Price and the Fair
Market Value of the unvested Shares subject to such Option at the time of the Change in Control and provides for subsequent payout of that spread in accordance with the vesting schedule applicable to those unvested Shares, or (iii) the
acceleration of such Option is subject to other limitations imposed by the Committee at the time of the Option grant. 
 (b) All
outstanding Repurchase Rights with respect to unvested Shares purchased pursuant to any Option shall also automatically terminate, and the Shares subject to those terminated 

 
rights shall immediately vest in full, immediately prior to the Change in Control, except to the extent: (i) any of the Repurchase Rights are assigned to the Successor or otherwise continued
in full force and effect pursuant to the terms of the Change in Control transaction or (ii) such accelerated vesting is precluded by other limitations imposed by the Committee at the time the Repurchase Right is issued. 

(c) All outstanding Forfeiture Restrictions with respect to Restricted Stock Awards shall also automatically terminate, and the Shares of
Stock subject to those terminated Forfeiture Restrictions shall immediately vest in full, immediately prior to the Change in Control, except to the extent: (i) the Forfeiture Restrictions are maintained by the Successor and continued in full
force and effect pursuant to the terms of the Change in Control transaction, or (ii) such accelerated vesting is precluded by other limitations imposed by the Committee at the time the Restricted Stock Award is issued. 

(d) Unless explicitly provided otherwise in an Option Agreement and subject to Section 5.1 and Section 5.3, upon the
consummation of a Change in Control, all outstanding unvested Options (and to the extent not exercised prior to or in connection with such Change in Control, all outstanding vested Options) that are not assumed by the Successor or otherwise
continued in effect pursuant to the terms of the Change in Control transaction shall automatically be forfeited and cease to be outstanding. 
 5.2 Assumption or Substitution of Options. To the extent any Option is assumed in connection with a Change in Control or otherwise continued in effect, such Option shall be appropriately adjusted,
immediately after such Change in Control, to apply to the number and class of securities which would have been issuable to the Option Holder in consummation of such Change in Control, had the Option been exercised immediately prior to such Change in
Control. Appropriate adjustments shall also be made to (i) the number and class of securities available for issuance under the Option following the consummation of such Change in Control and (ii) the exercise price payable per Share under
each outstanding Option, provided the aggregate exercise price payable for such securities shall remain the same. To the extent the actual holders of the Company’s outstanding Stock receive cash consideration for their Stock in
consummation of the Change in Control, the Successor may, in connection with the assumption of the outstanding Options under this Plan, substitute one or more shares of its own common stock with a Fair Market Value equivalent to the cash
consideration paid per Share of Stock in such Change in Control. 
 5.3 Provisions Applicable at the Discretion of the
Committee. 
 (a) The Committee shall have the discretion, exercisable either at the time an Award is granted or issued or
at any time while the Award remains outstanding, to structure the Award so that it shall automatically accelerate and vest in full or in part upon the occurrence of a Change in Control (and any Forfeiture Restrictions or Repurchase Rights of the
Company with respect to unvested Shares received pursuant to the Award shall immediately terminate), whether or not the Award is to be assumed in the Change in Control or the Forfeiture Restrictions or Repurchase Rights of the Company would
otherwise continue in effect pursuant to the Change in Control. 
 (b) The Committee shall also have full power and authority,
exercisable either at the time an Option is granted or at any time while the Option remains outstanding, to structure such Option so that all or a portion of the Shares subject to such Option will automatically vest on an accelerated basis should
the Option Holder’s Service terminate by reason of an Involuntary Termination within a designated period (not to exceed eighteen (18) months) following any Change in Control in which the Option is assumed or otherwise continued in effect
and the Repurchase Rights applicable to the Shares 

 
subject to such Option do not otherwise terminate. Any Option so accelerated shall remain exercisable for the fully-vested Shares subject to such Option until the expiration or sooner termination
of the Option Period. In addition, the Committee may provide that one or more of the Company’s outstanding Repurchase Rights with respect to Shares held by the Option Holder at the time of such Involuntary Termination shall immediately
terminate on an accelerated basis, and the Shares subject to those terminated rights shall accordingly vest at that time. 
 (c)
The Committee shall also have full power and authority, exercisable either at the time the Restricted Stock Award is issued or at any time while the Restricted Stock Award remains outstanding, to provide that all or a portion of the Forfeiture
Restrictions with respect to such Restricted Stock Award shall automatically terminate on an accelerated basis, and the Shares subject to those terminated Forfeiture Restrictions shall immediately vest, in the event the Participant’s Service
should terminate by reason of an Involuntary Termination within a designated period (not to exceed eighteen (18) months) following any Change in Control in which those Forfeiture Restrictions are assigned to the Successor or otherwise continued
in full force and effect. 
 (d) The Committee shall also have full power and authority, exercisable at the time an Option is
granted or at any time while an Option remains outstanding, to provide that the Option shall be deemed automatically exercised on a net basis immediately prior to a Change in Control if (i) the Option Price is less than the then-current Fair
Market Value per Share, and (ii) the Shares subject to the Option are vested (including vesting by reason of the Change in Control). Upon such net exercise, the Option Holder shall be entitled to a number of Shares computed using the following
formula: 
  

					
	X =	 	     Y (A–B)    
	  	
	 	A	  	

  

					
	Where:	  	X =	  	the number of Shares to be issued to the Option Holder;
			
		  	Y =	  	the number of Shares purchasable under the Option immediately prior to the Change in Control;
			
		  	A =	  	the then-current Fair Market Value of one Share of Stock; and
			
		  	B =	  	the per-Share Option Price of the Option.

 In no event shall the Committee be required to issue any fractional Shares. 

(e) The Committee shall also have full power and authority, exercisable at the time an Option is granted or at any time while an Option
remains outstanding, to provide that the Option, if outstanding immediately prior to a Change in Control and then having an Option Price less than the current Fair Market Value per Share, shall be automatically cancelled at such time in exchange for
a cash payment equal to the product of (i) the number of vested Shares then subject to the Option (including Shares that become vested as a result of the Change in Control) multiplied by (ii) the excess of the (x) Fair Market Value of
a Share on the date of the Change in Control over (y) the Option Price. 
 (f) Notwithstanding any other provision in this
Article V, the Committee shall have full power and authority, exercisable at the time an Award is granted or at any time while the Award remains outstanding, to provide for or take any other Change in Control related action with respect to an Award
as the Committee deems appropriate. The Committee need not take the same action with respect to all outstanding Awards or to all outstanding Awards of the same type. 

 5.4 Company Actions. The grant of Awards under the Plan shall in no way affect the
right of the Company or any Affiliate to adjust, reclassify, reorganize or otherwise change its capital or business structure or to merge, consolidate, dissolve, liquidate or sell or transfer all or any part of its business or assets. 

ARTICLE VI 

PARTICIPATION 
 Participants in the Plan shall be those Eligible Employees who, in the judgment of the Committee, are performing, or during the term of their incentive arrangement will perform, vital services in the
management, operation and development of LineRate and its Affiliates, and significantly contribute, or are expected to significantly contribute, to the achievement of long-term economic objectives. Eligible Consultants shall be selected from those
non-employee consultants and advisors to LineRate and its Affiliates who have performed or are performing services important to the operation and growth of LineRate and its Affiliates. All Eligible Non-Employee Directors selected by the Board may
participate in the Plan. Participants may be granted from time to time one or more Awards; provided, however, that the grant of each such Award shall be separately approved by the Committee and receipt of one such Award shall not result in automatic
receipt of any other Award. Upon determination by the Committee that an Award is to be granted to a Participant, written notice shall be given to such person, specifying the terms, conditions, rights and duties related thereto. Each Participant
shall, if required by the Committee, enter into an agreement with the Company, in such form as the Committee shall determine and which is consistent with the provisions of the Plan, specifying such terms, conditions, rights and duties. Awards shall
be deemed to be granted as of the date specified in the grant resolution of the Committee, which date shall be the date of any related agreement with the Participant. In the event of any inconsistency between the provisions of the Plan and any such
agreement entered into hereunder, the provisions of the Plan shall govern. 
 ARTICLE VII 

OPTIONS 

7.1 Grant of Options. Coincident with or following designation for participation in the Plan, a Participant may be granted one or
more Options. The Committee in its sole discretion shall designate whether an Option is an Incentive Option or a Non-Qualified Option; provided, however, that only Non-Qualified Options may be granted to Eligible Consultants and Eligible
Non-Employee Directors. The Committee may grant both an Incentive Option and a Non-Qualified Option to an Eligible Employee at the same time or at different times. Incentive Options and Non-Qualified Options, whether granted at the same time or at
different times, shall be deemed to have been awarded in separate grants and shall be clearly identified, and in no event shall the exercise of one Option affect the right to exercise any other Option or affect the number of Shares for which any
other Option may be exercised. An Option shall be considered as having been granted on the date specified in the grant resolution of the Committee. 
 7.2 Stock Option Agreements. Each Option granted under the Plan shall be evidenced by a written stock option agreement (an “Option Agreement”). An Option Agreement shall be
issued by the Company in the name of the Participant to whom the Option is granted (the “Option Holder”) and in such form as may be approved by the Committee. The Option Agreement shall incorporate and conform to the
conditions set forth in this Section 7.2 as well as such other terms and conditions that are not inconsistent as the Committee may consider appropriate in each case. 
 (a) Number of Shares. Each Option Agreement shall state that it covers a specified number of Shares, as determined by the Committee. 

 (b) Price. The price at which each Share covered by an Option may be purchased
(the “Option Price”) shall be determined in each case by the Committee and set forth in the Option Agreement, but in no event shall the price be less than 100 percent of the Fair Market Value of one Share of Stock on the
date the Option is granted. 
 (c) Duration of Options; Vesting. Each Option Agreement shall state the Option
Period applicable to the Option, which must end, in all cases, not more than ten years from the date the Option is granted. Each Option Holder shall become vested in the Shares underlying the Option in such installments and over such period or
periods of time, if any, or upon such events, as are determined by the Committee in its discretion and set forth in the Option Agreement. 
 The Option shall generally become exercisable, in whole or in part, at the same time or times as the Shares underlying the Option vest; provided, however, that the Committee may grant Options that are
immediately exercisable in whole or in part. Any unvested Shares received by the Option Holder upon early exercise of the Option in accordance with the preceding sentence shall be subject to the Company’s right of repurchase, as follows.

 Should the Option Holder cease Service while holding unvested Shares, the Company shall have such right to repurchase any or
all of those unvested Shares at a price per share equal to the Option Price (the “Repurchase Rights”). The Company shall be entitled to exercise its right to repurchase such unvested Shares by written notice to the Option
Holder sent within ninety (90) days after the time of Option Holder’s cessation of Service, or (if later) during the ninety (90)-day period following the execution date of any written stock purchase agreement executed by the Company and
the Option Holder. The notice shall indicate the number of unvested Shares to be repurchased, the repurchase price to be paid per share (which shall be a price per share equal to the Option Price) and the date on which the repurchase is to be
effected, such date to be not more than thirty (30) days after the date of such notice. 
 (d) Termination of
Services, Death, Disability, Etc. The Committee may specify the period, if any, during which an Option may be exercised following termination of the Option Holder’s Service. The effect of this subsection 7.2(d) shall be limited to
determining the consequences of a termination and nothing in this subsection 7.2(d) shall restrict or otherwise interfere with the Company’s discretion with respect to the termination of any individual’s Service. If the Committee does
not otherwise specify, the following shall apply: 
 (i) If the Service of the Option Holder is terminated within the Option
Period for Misconduct, the Option shall thereafter be void for all purposes. 
 (ii) If the Option Holder becomes Disabled
while still in Service of LineRate or an Affiliate, the Option may be exercised by the Option Holder within one year following the Option Holder’s termination of Service on account of Disability (provided that such exercise must occur within
the Option Period), but not thereafter. In any such case, the Option may be exercised only as to the Shares that had become vested on or before the date of the Option Holder’s termination of Service because of Disability. 

 (iii) If the Option Holder dies during the Option Period while still in Service of LineRate
or an Affiliate or within the one year period referred to in (ii) above or the three-month period referred to in (iv) below, the Option may be exercised by those entitled to do so under the Option Holder’s will or by the laws of
descent and distribution within one year following the Option Holder’s death (provided that such exercise must occur within the Option Period), but not thereafter. In any such case, the Option may be exercised only as to the Shares that had
become vested on or before the date of the Option Holder’s death. 
 (iv) If the Service of the Option Holder is
terminated within the Option Period for any reason other than Misconduct, Disability, or death, the Option may be exercised by the Option Holder within three (3) months following the date of such termination (provided that such exercise must
occur within the Option Period), but not thereafter. In any such case, the Option may be exercised only as to the Shares that had become vested on or before the date of termination of Service. 

(e) No Employment Right. Nothing in this paragraph shall limit or impair the right of LineRate or the Company or any
Affiliates thereof to terminate the employment of any employee or to terminate the consulting or advisory services of any consultant or advisor. 
 (f) Exercise, Payments, Etc. 
 (i) Manner of
Exercise. The method for exercising each Option granted hereunder shall be by delivery of written notice to the Company in a manner designated by the Committee on any business day specifying the number of Shares with respect to which such
Option is exercised. The purchase of such Shares shall take place within thirty (30) days following delivery of such notice such time and place, and in such manner, as designated by the Committee, at which time the Option Price of the Shares
shall be paid in full by any of the methods set forth below or a combination thereof. The Option shall be exercised when the Option Price for the number of Shares as to which the Option is exercised is paid to the Company in full. The Shares shall
be delivered to or at the direction of the Option Holder upon payment therefor. If Options on less than all Shares evidenced by an Option Agreement are exercised, the Company shall deliver a new Option Agreement evidencing the Option on the
remaining Shares upon delivery of the Option Agreement for the Option being exercised. 
 (ii) The exercise price shall be paid
by any of the following methods or any combination of the following methods at the election of the Option Holder, or by any other method approved by the Committee: 
 (A) in cash; 
 (B) by certified check, cashier’s check or other check
acceptable to the Company, payable to the order of the Company; 
 (C) if expressly permitted by a resolution of the Committee
applicable to the Option at the time of exercise (whether such resolution is applicable solely to the Option being exercised or is generally applicable to some or all Options outstanding under the Plan), by delivery to the Company of certificates
representing the number of Shares then owned by the Option Holder, the Fair Market Value of which equals the purchase price of the Shares purchased pursuant to the Option, properly endorsed for transfer to the Company; provided however, that no
Option may be exercised by delivery to the Company of certificates representing Shares, unless such Shares have been held by the Option Holder for more than six (6) months (or such other period of time as the Committee determines is necessary
to avoid adverse financial accounting treatment); for purposes of this Plan, the Fair Market Value of any Shares delivered in payment of the purchase price upon exercise of the Option shall be the Fair Market Value as of the exercise date, and the
exercise date shall be the day of delivery of the certificates for the Shares used as payment of the Option Price; or 

 (D) if, as of the date of exercise of an Option the Company then is permitting Eligible
Consultants, Eligible Employees and Eligible Non-Employee Directors to engage in a “same-day sale” cashless brokered exercise program involving one or more brokers, through such a program that complies with all applicable laws (including
without limitation the requirements of Regulation T and other applicable regulations promulgated by the Federal Reserve Board) and that ensures prompt delivery to the Company of the amount required to pay the exercise price and any applicable
withholding taxes. 
 In making its determination as to the type of consideration to accept, the Board shall consider if acceptance of such
consideration may be reasonably expected to benefit the Company and the Board may, in its sole discretion, refuse to accept a particular form of consideration at the time of any Option exercise. 

(g) Date of Grant. An Option shall be considered as having been granted on the date specified in the grant resolution of
the Committee. 
 (h) Withholding. 
 (i) Non-Qualified Options. Upon exercise of an Option, the Option Holder shall make appropriate arrangements with the Company to provide for the amount of additional withholding required by
Sections 3102 and 3402 of the Code and applicable state income tax laws as provided in Article XIII. 
 (ii)
Incentive Options. If an Option Holder makes a disposition (as defined in Section 424(c) of the Code) of any Shares acquired pursuant to the exercise of an Incentive Option prior to the expiration of two years from the date on
which the Incentive Option was granted or prior to the expiration of one year from the date on which the Option was exercised, the Option Holder shall send written notice to the Company at the Company’s principal place of business of the date
of such disposition, the number of Shares disposed of, the amount of proceeds received from such disposition and any other information relating to such disposition as the Company may reasonably request. The Option Holder shall, in the event of such
a disposition, make appropriate arrangements with the Company to provide for the amount of additional withholding, if any, required by Sections 3102 and 3402 of the Code and applicable state income tax laws. 

7.3 Restrictions on Incentive Options. 
 (a) $100,000 Per Year Limitation. The aggregate Fair Market Value of the Shares with respect to which Incentive Options are exercisable for the first time by an Option Holder in any calendar
year, under the Plan or otherwise, shall not exceed $100,000 (or such higher amount as may at the time of grant be applicable under Section 422(d) (or any successor provision) of the Code). For this purpose, the Fair Market Value of the Shares
shall be determined as of the date of grant of the Option and Incentive Options shall be taken into account in the order granted. The portion of any Incentive Option accelerated in connection with a Change in Control shall remain exercisable as an
Incentive Option only to the extent the above limitation is not exceeded. To the extent such dollar limitation is exceeded, the accelerated portion of such Incentive Option shall thereafter be exercisable as a Non-Qualified Option. 

(b) Ten Percent Stockholders. Incentive Options granted to an Option Holder who is the holder of record of 10% or more of
the outstanding stock of the Company shall have an Option Price equal to 110% of the Fair Market Value of the Shares on the date of grant of the Option and the Option Period for any such Option shall not exceed five years. 

 7.4 Transferability. 

(a) General Rule: No Lifetime Transfers. An Option shall not be transferable by the Option Holder except (i) by will
or pursuant to the laws of descent and distribution or (ii) or to the Option Holder’s former spouse, to the extent such assignment is pursuant to a Domestic Relations Order (provided that if the Option being assigned pursuant to a Domestic
Relations Order is an Incentive Option, such Incentive Option shall cease being an Incentive Option, and shall automatically convert to a Non-Qualified Option, upon such assignment). Except as otherwise provided by the terms of a Domestic Relations
Order, an Option shall be exercisable during the Option Holder’s lifetime only by him or her, or in the event of Disability or incapacity, by his or her guardian or legal representative. The Option Holder’s guardian or legal representative
shall have all of the rights of the Option Holder under this Plan. 
 (b) No Assignment. No right or interest of
any Option Holder in an Option granted pursuant to the Plan shall be assignable or transferable during the lifetime of the Option Holder, either voluntarily or involuntarily, or be subjected to any lien, directly or indirectly, by operation of law,
or otherwise, including execution, levy, garnishment, attachment, pledge or bankruptcy, except as set forth above. In the event the Option is assigned or transferred in any manner contrary to terms of this Plan, then all Options transferred or
assigned shall immediately terminate. 
 7.5 Stockholder Privileges. No Option Holder shall have any rights as a
stockholder with respect to any Shares covered by an Option until the Option Holder becomes the holder of record of such Shares, and no adjustments shall be made for dividends or other distributions or other rights as to which there is a record date
preceding the date such Option Holder becomes the holder of record of such Shares, except as provided in Article IV. 

ARTICLE VIII 
 RESTRICTED STOCK AWARDS 
 8.1 Grant of Restricted Stock Awards.
Coincident with or following designation for participation in the Plan, the Committee may grant a Participant one or more Restricted Stock Awards consisting of Shares of Stock. The number of Shares granted as a Restricted Stock Award shall be
determined by the Committee. Each Restricted Stock Award granted under the Plan shall be evidenced by a written restricted stock agreement (a “Restricted Stock Agreement”). The Restricted Stock Agreement shall incorporate and
conform to the conditions set forth in this Article VIII as well as such other terms and conditions that are not inconsistent as the Committee may consider appropriate in each case. 

8.2 Restrictions. A Participant’s right to retain a Restricted Stock Award granted to him or her under Section 8.1 shall
be subject to such restrictions, including but not limited to his or her continuous Service for LineRate or an Affiliate, for a restriction period specified by the Committee or the attainment of specified performance goals and objectives, as may be
established by the Committee with respect to such Award (such restrictions as established by the Committee shall be known as the “Forfeiture Restrictions”). The Committee may in its sole discretion provide for different
Forfeiture Restrictions or no Forfeiture Restrictions with respect to different Participants, to different Restricted Stock Awards or to separate, 

 
designated portions of the Shares constituting a Restricted Stock Award. The Committee may in its sole discretion provide for the earlier lapse of any Forfeiture Restrictions in the event of a
Change in Control in accordance with Article V of this Plan. Unless explicitly provided for otherwise in an Award Agreement, if a Participant’s Service terminates for any reason, any Shares as to which the Forfeiture Restrictions have not been
satisfied (or waived or accelerated as provided herein) shall be forfeited, and all Shares related thereto shall be immediately returned to the Company. 
 8.3 Privileges of a Stockholder, Transferability. A Participant shall have all voting, dividend, liquidation and other rights with respect to Stock in accordance with its terms received by him or
her as a Restricted Stock Award under this Article VIII upon his or her becoming the holder of record of such Stock; provided, however, that the Participant’s right to sell, encumber, or otherwise transfer such Stock shall be subject to the
limitations of Section 10.2 and Article XI and XII. 
 8.4 Enforcement of Restrictions. The Committee shall cause a
legend to be placed on the Stock certificates issued pursuant to each Restricted Stock Award referring to the restrictions provided by Sections 8.2 and 8.3 and, in addition, may in its sole discretion require one or more of the following
methods of enforcing the restrictions referred to in Sections 8.2 and 8.3: 
 (a) Requiring the Participant to keep the
Stock certificates, duly endorsed, in the custody of the Company while the restrictions remain in effect; or 
 (b) Requiring
that the Stock certificates, duly endorsed, be held in the custody of a third party while the restrictions remain in effect. 

ARTICLE IX 

OTHER GRANTS 
 From time to time during the duration of this Plan, the Board may, in its sole discretion, adopt one or more incentive compensation arrangements for Participants pursuant to which the Participants may
acquire Shares, whether by purchase, outright grant, or otherwise. Any arrangement shall be subject to the general provisions of this Plan and all Shares issued pursuant to such arrangements shall be issued under this Plan. 

ARTICLE X 

RIGHTS OF PARTICIPANTS 
 10.1 Employment or Service. Nothing contained in the Plan or in any Option, or other Award granted under the Plan shall confer upon any Participant any right with respect to the continuation of his
employment by, or consulting relationship with, or Service with the Company, LineRate or any Affiliate, or interfere in any way with the right of the Company, LineRate or any Affiliate, subject to the terms of any separate employment agreement or
other contract to the contrary, at any time to terminate such employment, consulting relationship or Service or to increase or decrease the compensation of the Participant from the rate in existence at the time of the grant of an Award. Whether an
authorized leave of absence, or absence in military or government service, shall constitute a termination of Service shall be determined by the Committee at that time. 

 10.2 Nontransferability of Awards. Except as provided otherwise at the time of grant
or thereafter, or except as otherwise provided in a Domestic Relations Order, no right or interest of any Participant in a Restricted Stock Award (prior to the completion of the restriction period applicable thereto), or other Award (excluding
Options) granted pursuant to the Plan, shall be assignable or transferable during the lifetime of the Participant, either voluntarily or involuntarily, or subjected to any lien, directly or indirectly, by operation of law, or otherwise, including
execution, levy, garnishment, attachment, pledge or bankruptcy. In the event of a Participant’s death, a Participant’s rights and interests in Options, Restricted Stock Awards, and other Awards, shall, to the extent provided in Article
VII, Article VIII, and Article IX be transferable by will or the laws of descent and distribution, and payment of any amounts due under the Plan shall be made to, and exercise of any Options may be made by, the Participant’s legal
representatives, heirs or legatees. However, a Participant’s rights and interests in Options, Restricted Stock Awards, and other Awards shall be transferable to an Option Holder’s former spouse, to the extent such assignment is pursuant to
a Domestic Relations Order (provided that if the Option being assigned pursuant to a Domestic Relations Order is an Incentive Option, such Incentive Option shall cease being an Incentive Option, and shall automatically convert to a Non-Qualified
Option, upon such assignment). If in the opinion of the Committee a person entitled to payments or to exercise rights with respect to the Plan is disabled from caring for his affairs because of mental condition, physical condition or age, payment
due such person may be made to, and such rights shall be exercised by, such person’s guardian, conservator or other legal personal representative upon furnishing the Committee with evidence satisfactory to the Committee of such status.

 10.3 No Plan Funding. Obligations to Participants under the Plan will not be funded, trusted, insured or secured in
any manner. The Participants under the Plan shall have no security interest in any assets of the Company, LineRate or any Affiliate, and shall be only general creditors of the Company. 

ARTICLE XI 

GENERAL RESTRICTIONS 
 11.1 Investment Representations. The Company may require any person to whom an Option, Restricted Stock Award, or other Award, is granted, as a condition of exercising such Option, receiving such
Restricted Stock Award, or such other Award to give written assurances in substance and form satisfactory to the Company and its counsel to the effect that such person is acquiring the Stock for his own account for investment and not with any
present intention of selling or otherwise distributing the same, and to such other effects as the Company or its counsel deems necessary or appropriate in order to comply with Federal and applicable state securities laws. Legends evidencing such
restrictions may be placed on the Stock certificates. 
 11.2 Compliance with Securities Laws. Each Option, Restricted
Stock Award grant, or other Award shall be subject to the requirement that, if at any time counsel to the Company shall determine that the listing, registration or qualification of the shares subject to such Option, Restricted Stock Award, or other
Award grant upon any securities exchange or under any state or federal law, or the consent or approval of any governmental or regulatory body, is necessary as a condition of, or in connection with, the issuance or purchase of shares thereunder, such
Option, Restricted Stock Award or other Award may not be accepted or exercised in whole or in part unless such listing, registration, qualification, consent or approval shall have been effected or obtained on conditions acceptable to the Committee.
Nothing herein shall be deemed to require the Company to apply for or to obtain such listing, registration or qualification. 

 11.3 Changes in Accounting or Tax Rules. Except as provided otherwise at the time an
Award is granted, notwithstanding any other provision of the Plan to the contrary, if, during the term of the Plan, any changes in the financial or tax accounting rules applicable to Options, Restricted Stock Awards, or other Awards shall occur
which, in the sole judgment of the Committee, may have a material adverse effect on the reported earnings, assets or liabilities of the Company, the Committee shall have the right and power to modify as necessary, any then outstanding and
unexercised Options, outstanding Restricted Stock Awards and other outstanding Awards as to which the applicable services or other restrictions have not been satisfied. 
 11.4 Stockholder Agreements. If the Company has one or more stockholder agreements in effect at the time of grant or exercise of an Award under the Plan, then the Committee shall, if the Company is
contractually obligated to, and may, in its discretion, condition the grant or exercise (as applicable) of any such Award upon execution by the Participant of such stockholder agreement(s), such that the Participant shall become a party to such
stockholder agreements(s) concurrently with such grant or exercise (as applicable) of any such Award. 
 ARTICLE XII

 PLAN AMENDMENT, MODIFICATION AND TERMINATION 

The Board may at any time or from time to time, with or without prior notice, amend, modify, suspend or terminate the Plan provided,
however, that no amendment or modification may become effective without approval of the amendment or modification by the stockholders if stockholder approval is required to enable the Plan to satisfy any applicable statutory or regulatory
requirements, or if the Company, on the advice of counsel, determines that stockholder approval is otherwise necessary or desirable. No amendment, modification or termination of the Plan shall in any manner adversely affect any Options, Restricted
Stock Awards, or other Award theretofore granted under the Plan, without the consent of the Participant holding such Options, Restricted Stock Awards, or other Awards. Notwithstanding the foregoing or anything to the contrary in this Plan, the Board
may amend or modify the terms of the Plan or an Award Agreement, retroactively or prospectively, as permitted under Section 11.3 (Changes in Accounting or Tax Rules) or Section 14.3 (Section 409A) hereof with or without the consent of the
Participant. 
 ARTICLE XIII 
 WITHHOLDING REQUIREMENT 
 The Company or any Affiliate, as the case may be,
shall have the right to deduct from payments of any kind otherwise due to a Participant, or to condition the Company’s obligations to deliver Shares upon the exercise of any Option, the vesting of any Restricted Stock Award or lapse of
Forfeiture Restrictions or Repurchase Rights, or the grant of Stock upon the payment by the Participant of, any federal, state, local or foreign taxes of any kind required by law with respect to the grant or issuance of, or the vesting of or other
lapse of restrictions applicable to, the applicable Award or the Shares subject to, or issuable upon exercise of, such Award. At the time of such grant, issuance, vesting or lapse, the Participant shall pay to the Company or Affiliate, as the case
may be, any amount that the Company or Affiliate may reasonably determine to be necessary to satisfy such withholding obligation. 

 ARTICLE XIV 
 REQUIREMENTS OF LAW 
 14.1 Requirements of Law. The issuance of
Stock and the payment of cash pursuant to the Plan shall be subject to all applicable laws, rules and regulations. 
 14.2
Federal Securities Law Requirements. If a Participant is an officer or director of the Company within the meaning of Section 16 of the Exchange Act, Awards granted hereunder shall be subject to all conditions required under
Rule 16b-3, or any successor rule promulgated under the Exchange Act, to qualify the Award for any exception from the provisions of Section 16(b) of the Exchange Act available under that Rule. Such conditions shall be set forth in the
agreement with the Participant which describes the Award or other document evidencing or accompanying the Award. 
 14.3
Section 409A. Notwithstanding anything in this Plan to the contrary, the Plan and Awards made under the Plan are intended to comply with the requirements imposed by Section 409A of the Code. If any Plan provision or Award would
result in the imposition of an additional tax under Section 409A of the Code, the Company and the Participant intend that the Plan provision or Award will be reformed to avoid imposition, to the extent possible, of the applicable tax and no
action taken to comply with Section 409A of the Code shall be deemed to adversely affect the Participant’s rights to an Award. The Participant further agrees that the Committee, in the exercise of its sole discretion and without the
consent of the Participant, may amend or modify an Award in any manner and delay the payment of any amounts payable pursuant to an Award to the minimum extent necessary to meet the requirements of Section 409A of the Code as the Committee deems
appropriate or desirable. 
 14.4 Governing Law. The Plan and all agreements hereunder shall be construed in accordance
with and governed by the laws of the State of Delaware excluding its conflict of laws rules. 
 ARTICLE XV 

DURATION OF THE PLAN 
 Unless sooner terminated by the Board, the Plan shall terminate at the close of business on April 1, 2021, and no Option, Restricted Stock Award, other Award or Stock shall be granted, or offer to
purchase Stock made, after such termination. Options, Restricted Stock Awards, and other Awards outstanding at the time of the Plan termination may continue to vest, be exercised, or otherwise become free of restrictions, or be paid, in accordance
with their terms. 
 This F5 Networks, Inc. Assumed LineRate Systems, Inc. Third Amended and Restated 2009 Equity Incentive Plan was duly
adopted by the Board of Directors on February 8, 2013.Exhibit 10.2

 Exhibit 10.2 
 F5 NETWORKS, INC. 

LINERATE ACQUISITION EQUITY INCENTIVE PLAN

 1. PURPOSES. 
 (a) Eligible Stock Award Recipients. The persons eligible to receive Stock Awards are the Employees, Directors and Consultants of LineRate Systems, Inc. and its affiliates (“LineRate”) to
whom the Company offers employment in connection with the Company’s acquisition of LineRate. 
 (b) Available Stock
Awards. The purpose of the Plan is to provide a means by which eligible recipients of Stock Awards may be given an opportunity to benefit from increases in value of the Common Stock through the granting of the following Stock Awards:
(i) Options and (ii) Stock Units. 
 (c) General Purpose. The Company, by means of the Plan, seeks to retain
the services of the group of persons eligible to receive Stock Awards, to secure and retain the services of new members of this group and to provide incentives for such persons to exert maximum efforts for the success of the Company and its
Affiliates. 
 2. DEFINITIONS. 
 (a) “Affiliate” means any parent corporation or subsidiary corporation of the Company, whether now or hereafter existing, as those terms are defined in Sections 424(e) and (f),
respectively, of the Code. 
 (b) “Applicable Laws” means the legal requirements relating to the
administration of equity compensation plans, including under applicable U.S. state corporate laws, U.S. federal and applicable state securities laws, other U.S. federal and state laws, the Code, any stock exchange rules or regulations and the
applicable laws, rules and regulations of any other country or jurisdiction where Stock Awards are granted under the Plan, as such laws, rules, regulations and requirements shall be in place from time to time. 

(c) “Board” means the Board of Directors of the Company. 

(d) “Code” means the Internal Revenue Code of 1986, as amended. 

(e) “Committee” means a committee appointed by the Board in accordance with subsection 3(c). 

(f) “Common Stock” means the common stock of the Company. 

(g) “Company” means F5 Networks, Inc., a Washington corporation. 

(h) “Consultant” means any person, including an advisor, (i) who is engaged by the Company or an Affiliate
to render services other than as an Employee or as a Director or (ii) who is a member of the Board of Directors of an Affiliate. 
 (i) “Continuous Service” means that the Participant’s service with the Company or an Affiliate, whether as an Employee, Director or Consultant, is not interrupted or
terminated. The Participant’s Continuous Service shall not be deemed to have terminated merely because of a change in the capacity in which the Participant renders service to the Company or an Affiliate as an Employee, Consultant or Director or
a change in the entity among the Company or an Affiliate for which the Participant renders such service, provided that there is no interruption or termination of the Participant’s Continuous Service. For example, a change in status from an
Employee of the Company to a Consultant of an Affiliate or a Director of the Company will not constitute an interruption of Continuous Service. 

 
Subject to Section 6(e)(ii), the Board or the chief executive officer of the Company, in that party’s sole discretion, may determine whether Continuous Service shall be considered
interrupted in the case of any leave of absence approved by that party, including sick leave, military leave or any other personal leave. 
 (j) “Covered Employee” means the chief executive officer and the four (4) other highest compensated officers of the Company for whom total compensation is required to be
reported to shareholders under the Exchange Act, as determined for purposes of Section 162(m) of the Code. 
 (k)
“Director” means a member of the Board of Directors of the Company. 
 (l)
“Disability” means the permanent and total disability of a person within the meaning of Section 22(e)(3) of the Code. 
 (m) “Employee” means any person employed by the Company or an Affiliate. Subject to the Applicable Laws, the determination of whether an individual (including leased and temporary
employees) is an Employee hereunder shall be made by the Board (or its Committee), in its sole discretion. Mere service as a Director or payment of a director’s fee by the Company or an Affiliate shall not be sufficient to constitute
“employment” by the Company or an Affiliate. 
 (n) “Exchange Act” means the Securities
Exchange Act of 1934, as amended. 
 (o) “Fair Market Value” means, as of any date, the value of the
Common Stock determined as follows: 
 (i) If the Common Stock is listed on any established stock exchange or national market
system (including without limitation the Nasdaq Global Select Market), the Fair Market Value of a Share shall be the closing sales price for such stock (or the closing bid, if no sales were reported) as quoted on such exchange or market (or such
other exchange or market with the greatest volume of trading in the Common Stock) on the day of determination or, if the day of determination is not a market trading day, then on the last market trading day prior to the day of determination, as
reported in such source or sources as the Board deems reliable, or 
 (ii) In the absence of such markets for the Common Stock,
the Fair Market Value shall be determined in good faith by the Board. 
 (p) “Independent Director”
means a Director who qualifies as an “independent” director under applicable Nasdaq rules (or the rules of any exchange on which the Common Stock is then listed or approved for listing). 

(q) “Non-Employee Director” means a Director of the Company who either (i) is not a current Employee or
Officer of the Company or its parent or a subsidiary, does not receive compensation (directly or indirectly) from the Company or its parent or a subsidiary for services rendered as a consultant or in any capacity other than as a Director (except for
an amount as to which disclosure would not be required under Item 404(a) of Regulation S-K promulgated pursuant to the Securities Act (“Regulation S-K”)), does not possess an interest in any other transaction as to which disclosure
would be required under Item 404(a) of Regulation S-K and is not engaged in a business relationship as to which disclosure would be required under Item 404(b) of Regulation S-K; or (ii) is otherwise considered a “non-employee
director” for purposes of Rule 16b-3. 
 (r) “Officer” means a person who is an officer of the
Company within the meaning of Section 16 of the Exchange Act and the rules and regulations promulgated thereunder. 
 (s)
“Option” means a nonstatutory stock option (meaning, an option not intended to qualify as an incentive stock option under Code Section 422) granted pursuant to the Plan. 

 (t) “Outside Director” means a Director of the Company who either
(i) is not a current Employee of the Company or an “affiliated corporation” (within the meaning of Treasury Regulations promulgated under Section 162(m) of the Code), is not a former Employee of the Company or an “affiliated
corporation” receiving compensation for prior services (other than benefits under a tax qualified pension plan), was not an officer of the Company or an “affiliated corporation” at any time and is not currently receiving direct or
indirect remuneration from the Company or an “affiliated corporation” for services in any capacity other than as a Director or (ii) is otherwise considered an “outside director” for purposes of Section 162(m) of the
Code. 
 (u) “Participant” means a person to whom a Stock Award is granted pursuant to the Plan or, if
applicable, such other person who holds an outstanding Stock Award. 
 (v) “Plan” means this F5
Networks, Inc. LineRate Acquisition Equity Incentive Plan. 
 (w) “Rule 16b-3” means Rule 16b-3
promulgated under the Exchange Act or any successor to Rule 16b-3, as in effect from time to time. 
 (x) “Securities
Act” means the Securities Act of 1933, as amended. 
 (y) “Share” means a share of Common
Stock, as adjusted in accordance with Section 11 below. 
 (z) “Stock Award” means any right
involving Shares granted under the Plan, including an Option or Stock Unit. 
 (aa) “Stock Award
Agreement” means a written agreement between the Company and a holder of a Stock Award evidencing the terms and conditions of an individual Stock Award grant. Each Stock Award Agreement shall be subject to the terms and conditions of
the Plan. 
 (bb) “Stock Unit” means an award giving the right to receive Shares granted under
Section 7 below. 
 3. ADMINISTRATION. 
 (a) Administration by Board. The Board shall administer the Plan unless and until the Board delegates administration to a Committee or an administrator, as provided in subsection 3(c). 

(b) Powers of Board. The Board shall have the power, subject to, and within the limitations of, the express provisions of the
Plan: 
 (i) To determine from time to time which of the persons eligible under the Plan shall be granted Stock Awards;
when and how each Stock Award shall be granted; what type or combination of types of Stock Awards shall be granted; the provisions, terms and conditions of each Stock Award granted (which need not be identical as among Participants or as among types
of Stock Awards), including, without limitation: the time or times when a person shall be permitted to receive Shares pursuant to a Stock Award, the number of Shares with respect to which a Stock Award shall be granted to each such person, the
exercise or purchase price (if any) of a Stock Award, the time or times when Stock Awards may be exercised (which may be based on performance criteria), any vesting acceleration or waiver of forfeiture restrictions, any pro rata adjustment to
vesting as a result of a Participant’s transitioning from full- to part-time service (or vice versa), and any other restriction (including forfeiture restriction), limitation or term of any Stock Award, based in each case on such factors as the
Board, in its sole discretion, shall determine; provided, however, that such provisions, terms and conditions are not inconsistent with the terms of the Plan. 

 (ii) In order to fulfill the purposes of the Plan and without amending the Plan, to
modify grants of Stock Awards to Participants who are foreign nationals or employed outside of the United States in order to recognize differences in local law, tax policies or customs. 

(iii) To construe and interpret the Plan and Stock Awards granted under it, and to establish, amend and revoke rules and
regulations for its administration. The Board, in the exercise of this power, may correct any defect, omission or inconsistency in the Plan or in any Stock Award Agreement, in a manner and to the extent it shall deem necessary or expedient to make
the Plan fully effective. 
 (iv) To amend the Plan or a Stock Award as provided in Section 12. 

(v) Generally, to exercise such powers and to perform such acts as the Board deems necessary or expedient to promote the best
interests of the Company which are not in conflict with the provisions of the Plan. 
 (c) Delegation to Committee. The
Board may delegate administration of the Plan to a Committee or Committees of one or more members of the Board, and the term “Committee” shall apply to any person or persons to whom such authority has been delegated. In the discretion of
the Board, the Committee may consist solely of two or more Outside Directors, in accordance with Section 162(m) of the Code, and/or solely of two or more Non-Employee Directors, in accordance with Rule 16b-3, and/or solely of two or more
Independent Directors under applicable Nasdaq (or other exchange) rules. The Board or the Committee may further delegate its authority and responsibilities under the Plan to an Officer. However, if administration is delegated to an Officer, such
Officer may grant Stock Awards only within guidelines established by the Board or the Committee, and only the Board or the Committee may make a Stock Award to an Officer or Director. If administration is delegated to a Committee, the Committee shall
have, in connection with the administration of the Plan, the powers theretofore possessed by the Board, including the power to delegate to a subcommittee any of the administrative powers the Committee is authorized to exercise (and references in
this Plan to the Board shall thereafter be to the Committee or subcommittee, or an Officer to whom authority has been delegated), subject, however, to such resolutions, not inconsistent with the provisions of the Plan, as may be adopted from time to
time by the Board. The Board may abolish the Committee at any time and revest in the Board the administration of the Plan, and unless otherwise specified by the Board shall retain any authority granted to a committee or individual hereunder unto
itself. 
 4. SHARES SUBJECT TO THE PLAN. 

(a) Share Reserve. Subject to the provisions of Section 11 relating to adjustments upon changes in stock, the stock that may
be issued pursuant to Stock Awards shall not exceed in the aggregate One Hundred Thousand (100,000) Shares of Common Stock. 
 (b) Section 162(m) Limitation on Share Numbers. No Employee shall be eligible to be granted Stock Awards covering more than One Million (1,000,000) Shares during any fiscal year of the
Company. 
 (c) Reversion of Shares to the Share Reserve. If any Stock Award shall for any reason expire or otherwise
terminate, in whole or in part, without having been exercised in full, the Shares not acquired under such Stock Award shall revert to and again become available for issuance under the Plan. Further, if any previously-issued Shares are forfeited
under the terms and conditions of the Stock Award, then any Shares so forfeited shall revert to and again become available for issuance under the Plan. The provisions of this Section 4(c) are qualified by Section 4(a) such that the total
number of Shares issued and outstanding under the Plan at any time may not exceed the number set forth in Section 4(a) (as adjusted under Section 11). 
 (d) Source of Shares. The stock subject to the Plan may be unissued Shares or reacquired Shares, bought on the market or otherwise. 

 5. ELIGIBILITY. Stock Awards may be granted to Employees, Directors and Consultants.

 6. OPTION PROVISIONS. 

Each Option shall be in such form and shall contain such terms and conditions as the Board shall deem appropriate. The provisions of
separate Options need not be identical, but each Option shall include (through incorporation of provisions hereof by reference in the Option or otherwise) the substance of each of the following provisions: 

(a) Term. No Option shall be exercisable after the expiration of ten (10) years from the date it was granted. 

(b) Exercise Price of an Option. The exercise price of each Option shall be at least equal to the Fair Market Value of the stock
subject to the Option on the date the Option is granted. Notwithstanding the foregoing, an Option may be granted with an exercise price lower than that set forth in the preceding sentence if such Option is granted pursuant to an assumption or
substitution for another option in a manner satisfying the provisions of Section 424(a) of the Code. 
 (c)
Consideration. The purchase price of stock acquired pursuant to an Option shall be paid, to the extent permitted by applicable statutes and regulations, either (i) in cash, check or wire transfer at the time the Option is exercised or
(ii) at the discretion of the Board at the time of the grant of the Option or subsequently by (1) delivery to the Company of other Shares that have a Fair Market Value on the date of surrender equal to the aggregate exercise price of the
Shares as to which the Option is exercised, provided that in the case of Shares acquired, directly or indirectly, from the Company, such Shares must have been owned by the Participant for more than six (6) months on the date of surrender (or
such other period as may be required to avoid the Company’s incurring an adverse accounting charge), (2) if, as of the date of exercise of an Option the Company then is permitting Employees to engage in a “same-day sale” cashless
brokered exercise program involving one or more brokers, through such a program that complies with the Applicable Laws (including without limitation the requirements of Regulation T and other applicable regulations promulgated by the Federal Reserve
Board) and that ensures prompt delivery to the Company of the amount required to pay the exercise price and any applicable withholding taxes, (3) in any other form of legal consideration that may be acceptable to the Board, or (4) any
combination of the foregoing methods. In making its determination as to the type of consideration to accept, the Board shall consider if acceptance of such consideration may be reasonably expected to benefit the Company and the Board may, in its
sole discretion, refuse to accept a particular form of consideration at the time of any Option exercise. 
 (d)
Transferability of an Option. The Option shall not be transferable except by will or by the laws of descent and distribution and shall be exercisable during the lifetime of the Participant only by the Participant. Notwithstanding
the foregoing provisions of this subsection 6(d), the Participant may, by delivering written notice to the Company, in a form satisfactory to the Company, designate a third party who, in the event of the death of the Participant, shall thereafter be
entitled to exercise the Option.  
 (e) Vesting. 

(i) Generally. The total number of Shares of Common Stock subject to an Option may, but need not, vest and therefore become
exercisable in periodic installments which may, but need not, be equal. The Option may be subject to such other terms and conditions on the time or times when it may be exercised (which may be based on performance or other criteria) as the Board may
deem appropriate. The vesting provisions of individual Options may vary. The provisions of this subsection 6(e) are subject to any Option provisions governing the minimum number of Shares as to which an Option may be exercised. 

(ii) Leave of Absence. The Board (or any other party to whom such authority has been delegated, including under this Plan) shall
have the discretion to determine whether and to what extent 

 
the vesting of Options shall be tolled during any unpaid leave of absence; provided, however, that in the absence of such determination, vesting of Options shall be tolled during any such
unpaid leave (unless otherwise required by the Applicable Laws). In the event of military leave, vesting shall toll during any unpaid portion of such leave, provided that, upon a Participant’s returning from military leave (under conditions
that would entitle him or her to protection upon such return under the Uniform Services Employment and Reemployment Rights Act), he or she shall be given vesting credit with respect to Options to the same extent as would have applied had the
Participant continued to provide services to the Company throughout the leave on the same terms as he or she was providing services immediately prior to such leave. 
 (f) Termination of Continuous Service. In the event a Participant’s Continuous Service terminates (other than upon the Participant’s death or Disability), the Participant may exercise his
or her Option (to the extent that the Participant’s Option has vested and the Participant is entitled to exercise such Option as of the date of termination) but only within such period of time ending on the earlier of (i) the date three
(3) months following the termination of the Participant’s Continuous Service (or such longer or shorter period specified in the Option Agreement), or (ii) the expiration of the term of the Option as set forth in the Option Agreement.
If, after termination, the Participant does not exercise his or her Option within the time specified in the Option Agreement, the Option shall terminate. 
 (g) Extension of Termination Date. Following the termination of the Participant’s Continuous Service (other than upon the Participant’s death or Disability), if the Participant would be
prohibited at any time solely because the issuance of Shares would violate the registration requirements under the Securities Act or violate any prohibition on trading on the basis of possession of material nonpublic information involving the
Company and its business, then the Option shall terminate on the earlier of (i) the expiration of the term of the Option set forth in subsection 6(a), or (ii) the expiration of a period of three (3) months after the termination of the
Participant’s Continuous Service during which the exercise of the Option would not be in violation of such requirements. 

(h) Disability of Participant. In the event a Participant’s Continuous Service terminates as a result of the
Participant’s Disability, the Participant may exercise his or her Option (to the extent that the Participant’s Option has vested and the Participant is entitled to exercise the Option as of the date of termination), but only within such
period of time ending on the earlier of (i) the date twelve (12) months following such termination (or such longer or shorter period specified in the Option Agreement) or (ii) the expiration of the term of the Option as set forth in
the Option Agreement. If, after termination, the Participant does not exercise his or her Option within the time specified herein, the Option shall terminate. 
 (i) Death of Participant. In the event (i) a Participant’s Continuous Service terminates as a result of the Participant’s death or (ii) the Participant dies within the period
(if any) specified in the Option Agreement after the termination of the Participant’s Continuous Service for a reason other than death, then the Option may be exercised (to the extent the Participant’s Option has vested and the Participant
is entitled to exercise the Option as of the date of death) by the Participant’s estate, by a person who acquired the right to exercise the Option by bequest or inheritance or by a person designated to exercise the Option upon the
Participant’s death pursuant to subsection 6(d), but only within the period ending on the earlier of (1) the date eighteen (18) months following the date of death (or such longer or shorter period specified in the Option Agreement) or
(2) the expiration of the term of such Option as set forth in the Option Agreement. If, after death, the Option is not exercised within the time specified herein, the Option shall terminate. 

(j) Exercise Generally. Options shall be considered exercised when the Company (or its authorized agent) receives (i) written
or electronic notice from the person entitled to exercise the Option of intent to exercise a specific number of Shares, (ii) full payment or appropriate provision for payment in a form and method acceptable to the Board or Committee, for the
Shares being exercised, and (iii) if applicable, payment or appropriate provision for payment of any withholding taxes due on exercise. An Option may not be exercised for a fraction of a Share. The Option may, at the discretion of the Board or
Committee, include a provision whereby the Participant may elect to exercise the Option as to Shares that are not yet vested. Unvested Shares exercised in such manner may be subject to a Company repurchase right under Section 10(f) or such
other restrictions or conditions as the Board or Committee may determine. 

 (k) Administrator Discretion. Notwithstanding the provisions of this Section 6,
the Board or the Committee shall have complete discretion exercisable at any time to (i) extend the period of time for which an Option is to remain exercisable, following the Participant’s termination of Continuous Service, but in no event
beyond the expiration date for the Option, and (ii) permit the Option to be exercised, during the applicable post-termination exercise period, not only with respect to the number of Shares that were vested on the date of termination, but also
with respect to additional Shares on such terms and conditions as the Board or Committee may determine. 
 7. PROVISIONS
OF STOCK AWARDS OTHER THAN OPTIONS. 
 Each Stock Award Agreement reflecting the issuance of a Stock Unit shall be in such form and shall contain such terms and conditions as the Board shall deem appropriate. The terms and conditions of such
agreements may change from time to time, and the terms and conditions of separate agreements need not be identical, but each such agreement shall include (through incorporation of provisions hereof by reference in the agreement or otherwise) the
substance of each of the following provisions: 
 (a) Consideration. A Stock Unit may be awarded in consideration for
such property or services as is permitted under Applicable Law, including for past services actually rendered to the Company or an Affiliate for its benefit. 
 (b) Vesting; Restrictions. Shares of Common Stock awarded under the agreement reflecting a Stock Unit may, but need not, be subject to a Share repurchase option, forfeiture restriction or other
conditions in favor of the Company in accordance with a vesting or lapse schedule to be determined by the Board. 
 (c)
Termination of Participant’s Continuous Service. In the event a Participant’s Continuous Service terminates, the Company may reacquire any or all of the Shares of Common Stock held by the Participant which have not vested or which are
otherwise subject to forfeiture or other conditions as of the date of termination under the terms of the agreement. 
 (d)
Transferability. Rights to acquire Shares of Common Stock under a Stock Unit agreement shall not be transferable except by will or by the laws of descent and distribution, and Shares of Common Stock issued upon vesting of a Stock Unit shall be
issuable during the lifetime of the Participant only to the Participant. Notwithstanding the foregoing provisions of this subsection 7(d), the Participant may, by delivering written notice to the Company, in a form satisfactory to the Company,
designate a third party who, in the event of the death of the Participant, shall thereafter be entitled to receive Shares of Common Stock issued upon vesting of a Stock Unit. 
 8. COVENANTS OF THE COMPANY. 
 (a) Availability of Shares. During the terms of the Stock Awards, the Company shall keep available at all times the number of Shares of Common Stock required to satisfy such Stock Awards.

 (b) Securities Law Compliance. The Company shall seek to obtain from each regulatory commission or agency having
jurisdiction over the Plan such authority as may be required to grant Stock Awards and to issue and sell Shares upon exercise of the Stock Awards; provided, however, that this undertaking shall not require the Company to register under the
Securities Act the Plan, any Stock Award or any stock issued or issuable pursuant to any such Stock Award. If, after reasonable efforts, the Company is unable to obtain from any such regulatory commission or agency the authority which counsel for
the Company deems necessary for the lawful issuance and sale of stock under the Plan, the Company shall be relieved from any liability for failure to issue and sell stock upon exercise of such Stock Awards unless and until such authority is
obtained. 

 9. USE OF PROCEEDS FROM STOCK;
UNFUNDED PLAN. 
 Proceeds from the sale of stock pursuant to Stock Awards shall constitute
general funds of the Company. The Plan shall be unfunded. Although bookkeeping accounts may be established with respect to Participants who are granted Stock Awards hereunder, any such accounts will be used merely as a bookkeeping convenience. The
Company shall not be required to segregate any asset which may at any time be represented by Stock Awards, nor shall this Plan be construed as providing for such segregation, nor shall the Company nor any party authorized to administer the Plan be
deemed to be a trustee of stock or cash to be awarded under the Plan. Any liability of the Company to any Participant with respect to a Stock Award shall be based solely upon any contractual obligations which may be created by the Plan; no such
obligation of the Company shall be deemed to be secured by any pledge or other encumbrance on any property of the Company. Neither the Company nor any party authorized to administer the Plan shall be required to give any security or bond for the
performance of any obligation which may be created by this Plan. 
 10. MISCELLANEOUS. 

(a) Acceleration of Exercisability and Vesting. The Board shall have the power to accelerate the time at which a Stock Award may
first be exercised or the time during which a Stock Award or any part thereof will vest, become exercisable or be settled in accordance with the Plan, notwithstanding the provisions in the Stock Award stating the time at which it may first vest, be
exercised or be settled. 
 (b) Shareholder Rights. No Participant shall be deemed to be the holder of, or to have any of
the rights of a holder with respect to, any Shares subject to such Stock Award unless and until such Participant has satisfied all requirements for exercise of the Stock Award pursuant to its terms. 

(c) No Employment or other Service Rights. Nothing in the Plan or any instrument executed or any Stock Award granted pursuant
thereto shall confer upon any Participant or other holder of Stock Awards any right to continue to serve the Company or an Affiliate in the capacity in effect at the time the Stock Award was granted or shall affect the right of the Company or an
Affiliate to terminate (i) the employment of an Employee with or without notice and with or without cause, (ii) the service of a Consultant pursuant to the terms of such Consultant’s agreement with the Company or an Affiliate or
(iii) the service of a Director pursuant to the Bylaws of the Company or an Affiliate, and any applicable provisions of the corporate law of the state in which the Company or the Affiliate is incorporated, as the case may be. 

(d) Investment Assurances. The Company may require a Participant, as a condition of exercising or acquiring Shares under any Stock
Award, (i) to give written assurances satisfactory to the Company as to the Participant’s knowledge and experience in financial and business matters and/or to employ a purchaser representative reasonably satisfactory to the Company who is
knowledgeable and experienced in financial and business matters and that he or she is capable of evaluating, alone or together with the purchaser representative, the merits and risks of exercising the Stock Award; and (ii) to give written
assurances satisfactory to the Company stating that the Participant is acquiring the stock subject to the Stock Award for the Participant’s own account and not with any present intention of selling or otherwise distributing the stock. The
foregoing requirements, and any assurances given pursuant to such requirements, shall be inoperative if (iii) the issuance of the Shares upon the exercise or acquisition of stock under the Stock Award has been registered under a then currently
effective registration statement under the Securities Act or (iv) as to any particular requirement, a determination is made by counsel for the Company that such requirement need not be met in the circumstances under the then applicable
securities laws. The Company may, upon advice of counsel to the Company, place legends on stock certificates issued under the Plan as such counsel deems necessary or appropriate in order to comply with applicable securities laws, including, but not
limited to, legends restricting the transfer of the stock. 
 (e) Withholding Obligations. To the extent provided by the
terms of a Stock Award Agreement, the Participant may satisfy any federal, state or local tax withholding obligation relating to the exercise or acquisition of Shares under a Stock Award by any of the following means (in addition to the

 
Company’s right to withhold from any compensation paid to the Participant by the Company) or by a combination of such means: (i) tendering a cash payment; (ii) authorizing the
Company to withhold Shares from the Shares otherwise issuable to the Participant as a result of the exercise or acquisition of stock under the Stock Award; or (iii) delivering to the Company owned and unencumbered Shares. 

(f) Stock Unit Repurchase Limitation. The terms of any repurchase option for a Stock Unit shall be specified in the Stock Award
and may be at the Fair Market Value of the stock subject to the Stock Award at the time of repurchase, at the original price or on such terms and conditions as the Board may determine (and as shall be reflected in the Stock Award Agreement);
provided however that this Section 10(f) shall in no way limit the Company’s ability to adjust any Stock Award as provided under Section 11 below. 
 (g) Cancellation and Re-Grant of Options. The Company may not reprice any outstanding Stock Awards under the Plan, including implement any program whereby outstanding Stock Awards will be cancelled
and replaced with Stock Awards bearing a lower purchase or exercise price, without first obtaining the approval of the shareholders of the Company; provided however that this Section 10(g) shall in no way limit the Company’s ability
to adjust Stock Awards as provided under Section 11 below. 
 (h) Interpretation of Plan and Stock Awards. In
the event that any provision of the Plan or any Stock Award granted under the Plan is declared to be illegal, invalid or otherwise unenforceable by a court of competent jurisdiction, such provision shall be reformed, if possible, to the extent
necessary to render it legal, valid and enforceable, or otherwise deleted, and the remainder of the terms of the Plan and/or Stock Award shall not be affected to the extent necessary to reform or delete such illegal, invalid or unenforceable
provision. All questions arising under the Plan or under any Stock Award shall be decided by the Board or the Committee in its or their total and absolute discretion and such decisions shall be final and binding on all parties. 

(i) Electronic Communication. Any document required to be delivered under the Plan, including under the Applicable Laws,
may be delivered in writing or electronically. Signature may also be electronic if permitted by the Board or the Committee, and if permitted by Applicable Law. 
 (j) Escrow of Shares. To enforce any restriction applicable to Shares issued under the Plan, the Board or the Committee may require a Participant or other holder of such Shares to deposit
the certificates representing such Shares, with approved stock powers or other transfer instruments endorsed in blank, with the Company or an agent of the Company until the restrictions have lapsed. Such certificates (or other notations representing
the Shares) may bear a legend or legends referencing the applicable restrictions. 
 11. ADJUSTMENTS UPON
CHANGES IN STOCK. 
 (a) Capitalization Adjustments. If any change is
made in the stock subject to the Plan, or subject to any Stock Award, without the receipt of consideration by the Company (through merger, consolidation, reorganization, recapitalization, reincorporation, stock dividend, dividend in property other
than cash, stock split, liquidating dividend, combination of shares, exchange of shares, change in corporate structure or other transaction not involving the receipt of consideration by the Company), the Plan will be appropriately adjusted in the
class(es) and maximum number of securities subject to the Plan pursuant to subsection 4(a) and the maximum number of securities subject to award to any person pursuant to subsection 4(b), and the outstanding Stock Awards will be appropriately
adjusted in the class(es) and number of securities and price per Share of stock subject to such outstanding Stock Awards. The Board, the determination of which shall be final, binding and conclusive, shall make such adjustments. (The conversion of
any convertible securities of the Company shall not be treated as a transaction “without receipt of consideration” by the Company.) 
 (b) Change in Control—Dissolution or Liquidation. In the event of a dissolution or liquidation of the Company, then such Stock Awards shall be terminated if not exercised (if applicable) prior
to such event. 

 (c) Change in Control—Asset Sale, Merger, Consolidation or Reverse Merger or
Acquisition of Stock. 
 (i) In the event of (1) a sale of substantially all of the assets of the Company, or
(2) a merger or consolidation in which the Company is not the surviving corporation or (3) a reverse merger in which the Company is the surviving corporation but the shares of Common Stock outstanding immediately preceding the merger are
converted by virtue of the merger into other property, whether in the form of securities, cash or otherwise, or (4) the direct or indirect acquisition (including by way of a tender or exchange offer) by any person, or persons acting as a group,
of beneficial ownership or a right to acquire beneficial ownership of shares representing a majority of the voting power of the then outstanding shares of capital stock of the Company, then any surviving corporation or acquiring corporation
shall assume any Stock Awards outstanding under the Plan or shall substitute similar awards (including with respect to a Stock Award an award to acquire the same consideration paid to the shareholders in the transaction described in this subsection
11(c) for those outstanding under the Plan). 
 (ii) For purposes of subsection 11(c) a Stock Award shall be deemed
assumed if, following the change in control, the Stock Award confers the right to purchase in accordance with its terms and conditions, for each share of Common Stock subject to the Stock Award immediately prior to the change in control, the
consideration (whether stock, cash or other securities or property) to which a holder of a share of Common Stock on the effective date of the change in control was entitled. 
 (iii) Subject to the provisions of any Stock Award Agreement, in the event any surviving corporation or acquiring corporation refuses to assume such Stock Awards or to substitute similar stock
awards for those outstanding under the Plan, then with respect to Stock Awards held by Participants whose Continuous Service has not terminated, the vesting of 50% of such Stock Awards (and, if applicable, the time during which such Stock Awards may
be exercised or settled) shall be accelerated in full, and the Stock Awards shall terminate if not exercised or settled (if applicable) at or prior to such event. With respect to any other Stock Awards outstanding under the Plan, such Stock Awards
shall terminate if not exercised (if applicable) prior to such event. 
 (iv) The Board shall at all times have the
authority, in its sole discretion, to provide for additional or different vesting, exercisability, settlement or forfeiture conditions with respect to Stock Awards than that reflected in this Section 11(c), provided that its
determinations in this regard shall be reflected in the Stock Award Agreement (including in amendments thereto) issued to the affected Participant. 
 12. AMENDMENT OF THE PLAN AND STOCK AWARDS. 

(a) Amendment of Plan. The Board at any time, and from time to time, may amend the Plan. However, except as provided in
Section 11 relating to adjustments upon changes in stock, no amendment shall be effective unless approved by the shareholders of the Company to the extent shareholder approval is necessary to satisfy the requirements of Rule 16b-3 or any Nasdaq
or securities exchange listing requirements. 
 (b) Shareholder Approval. Stock Awards issued pursuant to the Plan are
intended to comply with Nasdaq Listing Rule 5635(c)(4). To the extent applicable, the Board may, in its sole discretion, submit any other amendment to the Plan for shareholder approval, including, but not limited to, amendments to the Plan intended
to satisfy the requirements of Section 162(m) of the Code and the regulations thereunder regarding the exclusion of performance-based compensation from the limit on corporate deductibility of compensation paid to certain executive officers.

 (c) Contemplated Amendments. It is expressly contemplated that the Board may amend the Plan in any respect the Board
deems necessary or advisable to provide eligible Employees with the maximum benefits provided or to be provided under the provisions of the Code or any other Applicable Law. 

 (d) No Impairment of Rights. Rights under any Stock Award granted before amendment of
the Plan shall not be materially impaired by any amendment of the Plan unless (i) the Company requests the consent of the Participant and (ii) the Participant consents in writing. 

(e) Amendment of Stock Awards. The Board at any time, and from time to time, may amend the terms of any one or more Stock Awards;
provided, however, that the rights under any Stock Award shall not be materially impaired by any such amendment unless (i) the Company requests the consent of the Participant and (ii) the Participant consents in writing. 

13. TERMINATION OR SUSPENSION OF THE PLAN. 

(a) Plan Term. The Board may suspend or terminate the Plan at any time. Unless sooner terminated, the Plan shall terminate on the
day before the tenth (10th) anniversary of the date the Plan is adopted by the Board. No Stock Awards may be granted under the Plan while the Plan is suspended or after it is terminated. 

(b) No Impairment of Rights. Suspension or termination of the Plan shall not materially impair rights and obligations under any
Stock Award granted while the Plan is in effect except with the written consent of the Participant. 
 14. EFFECTIVE
DATE OF PLAN. 
 The Plan was approved by the Board on February 8, 2013,
and shall be effective as of February 11, 2013. 
 15. GOVERNING LAW. All questions concerning the
construction, validity and interpretation of this Plan shall be governed by the law of the State of Washington, without regard to such states conflict of laws rules.

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