Document:

EX-10.14

 Exhibit 10.14 

GLOBAL 
 XPERI
INC. 
 2022 EQUITY INCENTIVE PLAN 

PERFORMANCE-BASED RESTRICTED STOCK UNIT AWARD GRANT NOTICE AND 

PERFORMANCE-BASED RESTRICTED STOCK UNIT AWARD AGREEMENT 

Xperi Inc., a Delaware corporation (the “Company”), pursuant to its 2022 Equity Incentive Plan (the
“Plan”), hereby grants to the holder listed below (“Participant”), an award of performance-based restricted stock units (“RSUs”) representing a right to receive a number of
shares of the Company’s common stock, par value $0.001 (the “Shares”). This award for RSUs (this “Award”) is subject to all of the terms and conditions as set forth herein and in the
Performance-Based Restricted Stock Unit Award Agreement attached hereto as Exhibit A (the “RSU Agreement”) and the Plan, each of which are incorporated herein by reference. Unless otherwise defined herein, the terms
defined in the Plan shall have the same defined meanings in this Grant Notice and the RSU Agreement. 
 Participant: 

Employee ID: 
 Grant
Date: 
 Vesting Commencement Date: 

Total Number of Shares Represented by the RSUs: 

Vesting Schedule: The Award shall vest as set forth on Exhibit B attached hereto. 

Distribution Schedule: The RSUs shall be distributable as they vest pursuant to the Vesting Schedule in accordance with
Section 2.1(c) of the RSU Agreement. 
 ELECTRONIC ACCEPTANCE OF AWARD: 

By clicking on the “ACCEPT” box on the “Grant Acceptance: View/Accept Grant” Page, Participant agrees to be bound by the
terms and conditions of the Plan, the RSU Agreement and this Grant Notice. Participant acknowledges that he or she has reviewed the RSU Agreement, the Plan and this Grant Notice in their entirety, each of which are posted on www.etrade.com, and has
had an opportunity to obtain the advice of counsel prior to executing this Grant Notice and fully understands all provisions of this Grant Notice, the RSU Agreement and the Plan, including the special provisions for your country of residence, if
any, attached hereto as Exhibit C. Participant further acknowledges that he or she has been provided with a copy of the prospectus for the Plan. Participant hereby agrees to accept as binding, conclusive and final all decisions or
interpretations of the Administrator of the Plan upon any questions arising under the Plan, this Grant Notice or the RSU Agreement. Below are instructions on how to access the Plan and the prospectus: 

 

	 	1.	 Log into your E*TRADE account. 

 

	 	2.	 Click on Employee Stock Plans. 

	 	3.	 Click on Company Info. 

 

	 	4.	 Click on Documents. 

 

	 	5.	 Click on 2022 Plan. 

  
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 EXHIBIT A 

XPERI INC. 

PERFORMANCE-BASED RESTRICTED STOCK UNIT AWARD AGREEMENT 

Pursuant to the Performance-Based Restricted Stock Unit Award Grant Notice (the “Grant Notice”) to which this
Performance-Based Restricted Stock Unit Award Agreement (this “RSU Agreement”) is attached, Xperi Inc., a Delaware corporation (the “Company”), has granted to Participant the number of RSUs under the
Company’s 2022 Equity Incentive Plan (the “Plan”) as set forth in the Grant Notice. 
 ARTICLE I. 

GENERAL 

1.1    Definitions. All capitalized terms used in this RSU Agreement without definition shall have the meanings
ascribed in the Plan and the Grant Notice. 
 1.2    Incorporation of Terms of Plan. The Award and this RSU
Agreement are subject to the Plan, the terms and conditions of which are incorporated herein by reference. In the event of any inconsistency between the Plan and this RSU Agreement, the terms of the Plan shall control. 

ARTICLE II. 
 RSU
AWARD 
 2.1    RSU Award. 

(a)    Award. The Company hereby grants to Participant the right to receive the number of RSUs set forth in the
Grant Notice, subject to all of the terms and conditions set forth in this RSU Agreement, the Grant Notice and the Plan. Each RSU represents the right to receive one Share. Participant is a Service Provider. Prior to actual issuance of any Shares,
the Award represents an unsecured obligation of the Company, payable only from the general assets of the Company. 

(b)    Vesting. The RSUs shall vest in accordance with the Vesting Schedule set forth in the Grant Notice. Unless
and until the RSUs have vested in accordance with the vesting schedule set forth in the Grant Notice, Participant will have no right to any distribution with respect to such RSUs. In the event Participant ceases to be a Service Provider for any
reason prior to the vesting of all of the RSUs, any unvested RSUs will terminate automatically without any further action by the Company and be forfeited without further notice and at no cost to the Company. Notwithstanding the foregoing, during any
authorized leave of absence, the vesting of RSUs provided in the vesting schedule set forth in the Grant Notice shall be suspended (to the extent permitted under Section 409A) after the leave of absence exceeds a period of twelve
(12) months and shall be extended by the length of the suspension. Vesting of the RSUs shall resume upon the Participant’s termination of the leave of absence and return to service to the Company or any Parent or Subsidiary of the Company.
An authorized leave of absence shall include sick leave, military leave or other bona fide leave of absence approved by the Company (or, if the Participant is an executive officer, by the Board). 

 (c)    Distribution of Stock. 

(i)    Shares shall be distributed to Participant (or in the event of Participant’s death, to his or her estate) with
respect to such Participant’s vested RSUs granted to Participant pursuant to this RSU Agreement, subject to the terms and provisions of the Plan and this RSU Agreement, within thirty (30) days following each vesting date as the RSUs vest
pursuant to the Vesting Schedule set forth in the Grant Notice. 
 (ii)    All distributions shall be made by the
Company in the form of whole Shares. 
 (iii)    Notwithstanding the foregoing, Shares shall be issuable with respect
to the RSUs at such times and upon such events as are specified in this RSU Agreement only to the extent issuance under such terms will not cause the RSUs or such Shares to be includible in the gross income of Participant under Section 409A of
the Code prior to such times or the occurrence of such events, as permitted by the Code and the regulations and other guidance thereunder. 

(d)    Generally. Shares issued under the Award shall be issued to Participant or Participant’s beneficiaries,
as the case may be, at the sole discretion of the Administrator, in either (i) uncertificated form, with the Shares recorded in the name of Participant in the books and records of the Company’s transfer agent with appropriate notations
regarding the restrictions on transfer imposed pursuant to this RSU Agreement; or (ii) certificate form. 

2.2    Tax Indemnity. Notwithstanding any other provision of this RSU Agreement: 

(a)    Participant agrees to indemnify and keep indemnified the Company, any Subsidiary and Participant’s employing
company, if different, and their affiliates (collectively, the “Company Group”) from and against any liability for or obligation to pay any Tax Liability (as defined below) that is attributable to the vesting or distribution
of the RSUs, the disposal of any Shares issued pursuant to the distribution of the RSUs or otherwise pursuant to this RSU Agreement. No Shares shall be issued or delivered to Participant or his or her legal representative unless and until
Participant or his or her legal representative shall have paid to the Company the full amount of any Tax Liability; provided that no payment shall be delayed under this Section 2.2(a) if such delay will result in a violation of
Section 409A of the Code. 
 (b)    The Company Group shall be entitled to withhold taxes (if required) according
to the requirements under applicable laws, rules and regulations, including withholding taxes at source. The Company Group may withhold or Participant may make such payment in one or more of the forms specified below: 

(i)    by cash or check made payable to the Company or the member of the Company Group with respect to which the
withholding obligation arises; 
 (ii)    by the deduction of such amount from other compensation payable to
Participant; 
 (iii)    with respect to any tax withholding obligation arising in connection with the distribution of
the RSUs, with the consent of the Administrator, by requesting that the Company or the member of the Company Group with respect to which the withholding obligation arises withhold a net number of vested Shares otherwise issuable pursuant to the RSUs
having a then current Fair Market Value not exceeding the Tax Liability; 

  
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 (iv)    with respect to any tax withholding obligation arising in
connection with the distribution of the RSUs, with the consent of the Administrator, by tendering to the Company vested Shares held for the requisite period necessary to avoid a charge to the Company’s earnings for financial reporting purposes,
as determined by the Administrator, having a Fair Market Value on the date of surrender not exceeding the Tax Liability; 

(v)    with respect to any withholding taxes arising in connection with the distribution of the RSUs, through the
delivery of a notice that Participant has placed a market sell order with a broker acceptable to the Company with respect to Shares then issuable to Participant pursuant to the RSUs, and that the broker has been directed to pay a sufficient portion
of the net proceeds of the sale to the Company and/or the member of the Company Group with respect to which the withholding obligation arises; provided that payment of such proceeds is then made to the Company and/or such member of the
Company Group at such time as may be required by the Administrator, but in any event not later than the settlement of such sale; or 

(vi)    in any combination of the foregoing. 

(c)    With respect to any withholding taxes arising in connection with the RSUs, in the event Participant does not
provide timely payment of all sums required pursuant to Section 2.2(b), the Company Group shall have the right, but not the obligation, to treat such failure as an election by Participant to satisfy all or any portion of Participant’s
required payment obligation pursuant to Section 2.2(b)(iii) above. In the event any tax withholding obligation arising in connection with the RSUs will be satisfied under Section 2.2(b)(iii), then the Company may elect to instruct any
brokerage firm determined acceptable to the Company for such purpose to sell on Participant’s behalf a whole number of shares from those Shares then issuable to Participant pursuant to the RSUs as the Company determines to be appropriate to
generate cash proceeds sufficient to satisfy the tax withholding obligation and to remit the proceeds of such sale to the Company and/or the member of the Company Group with respect to which the withholding obligation arises. Participant’s
acceptance of this Award constitutes Participant’s instruction and authorization to the Company and such brokerage firm to complete the transactions described in this Section 2.2(c), including the transactions described in the previous
sentence, as applicable. 
 (d)    For purposes of this RSU Agreement, Participant’s “Tax
Liability” shall mean (i) all federal, state, local and foreign withholding or other taxes applicable to Participant’s taxable income, plus (ii) if permitted under the laws of the jurisdiction in which Participant
resides, any liability of the Company Group for income tax, withholding tax and any social security contributions, payroll tax, fringe benefit tax, payment on account obligation or other employment related taxes in any jurisdiction, in each case
that may arise as a result of (w) the grant, vesting or settlement of the RSU, (x) the issuance to Participant of Shares on the vesting or settlement of the RSU, (y) the disposition of any Shares that were the subject of the RSU, or
(z) any other transactions contemplated by this RSU Agreement. To avoid negative accounting treatment, the Company shall withhold for the Tax Liability based on the minimum applicable statutory withholding rates for federal, state, local and
foreign income tax and payroll tax purposes (or such higher rate as may be determined by the Administrator, which higher rate may not exceed the maximum individual statutory tax rate in the applicable jurisdiction at the time of such withholding (or
such other rate as may be required to avoid the liability classification of the applicable award under generally accepted accounting principles in the United States of America), provided, that, such Shares shall be rounded up to the nearest whole
Share to the extent rounding up to the nearest whole share does not result in the liability classification of the applicable Award under generally accepted accounting principles in the United States of America). 

  
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 2.3    Conditions to Issuance of Certificates. The Company shall
not be required to issue or deliver any certificate or certificates for any Shares prior to the fulfillment of all of the following conditions: (a) the admission of the Shares to listing on all stock exchanges on which such Shares are then
listed, (b) the completion of any registration or other qualification of the Shares under any state, federal or foreign law or under rulings or regulations of the U.S. Securities and Exchange Commission or other governmental regulatory body,
which the Administrator shall, in its sole and absolute discretion, deem necessary and advisable, (c) the obtaining of any approval or other clearance from any state, federal or foreign governmental agency that the Administrator shall, in its
absolute discretion, determine to be necessary or advisable, (d) the lapse of any such reasonable period of time following the date the RSUs vest as the Administrator may from time to time establish for reasons of administrative convenience,
and (e) Participant’s satisfaction of his or her obligations under Section 2.2. 
 ARTICLE III. 

OTHER PROVISIONS 

3.1    Tax Representations. Participant has reviewed with Participant’s own tax advisors the federal, state,
local and foreign tax consequences of this investment and the transactions contemplated by the Grant Notice and this RSU Agreement. Participant is relying solely on such advisors and not on any statements or representations of the Company or any of
its agents. Participant understands that Participant (and not the Company) shall be responsible for Participant’s own Tax Liability that may arise as a result of this investment or the transactions contemplated by this RSU Agreement. 

3.2    RSUs Not Transferable. None of the Award and the rights conveyed hereunder, including the right to receive
Shares upon the vesting of the RSUs, or any interest or right therein or part thereof shall be liable for the debts, contracts or engagements of Participant or his or her successors in interest or shall be subject to disposition by transfer,
alienation, anticipation, pledge, encumbrance, assignment or any other means whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings
(including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect. 

3.3    Rights as Shareholder. Neither Participant nor any person claiming under or through Participant shall have
any of the rights or privileges of a shareholder of the Company in respect of any Shares issuable hereunder unless and until certificates representing such Shares (which may be in uncertificated form) will have been issued and recorded on the books
and records of the Company or its transfer agents or registrars, and delivered to Participant (including through electronic delivery to a brokerage account). After such issuance, recordation and delivery, Participant shall have all the rights of a
shareholder of the Company, including with respect to the right to vote the Shares and the right to receive any cash or share dividends or other distributions paid to or made with respect to the Shares. 

3.4    Not a Contract of Employment. Notwithstanding any other provision of this RSU Agreement or the Plan: 

(a)    The Plan shall not form part of any contract of employment between the Company Group and Participant, and neither
the grant of RSUs nor any provision of this RSU Agreement, the Plan or the policies adopted pursuant to the Plan confer upon Participant any right with respect to employment or service or continuation of current employment or service and shall not
be interpreted to form an employment contract or relationship with the Company or any Subsidiary or affiliate; 

(b)    Unless expressly so provided in his or her contract of employment, Participant has no right or entitlement to be
granted an Award or any expectation that an Award might be made to him or her, whether subject to any conditions or at all; 

  
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 (c)    The benefit to Participant of participation in the Plan
(including, in particular but not by way of limitation, any Awards held by him or her) shall not form any part of his or her remuneration or count as his remuneration for any purpose and shall not be pensionable; 

(d)    The rights or opportunity granted to Participant on the making of an Award shall not give Participant any rights or
additional rights, and if Participant ceases to be employed by the Company Group, Participant shall not be entitled to compensation for the loss of any right or benefit or prospective right or benefit under the Plan (including, in particular but not
by way of limitation, any Awards held by him or her which lapse by reason of his ceasing to be employed by the Company Group) whether by way of damages for unfair dismissal, wrongful dismissal, breach of contract or otherwise; 

(e)    The rights or opportunity granted to Participant on the making of an Award shall not give Participant any rights or
additional rights in respect of any pension scheme operated by the Company Group; 
 (f)    Participant shall not be
entitled to any compensation or damages for any loss or potential loss which he may suffer by reason of being unable to acquire or retain Shares, or any interest in Shares pursuant to an Award in consequence of the loss or termination of his office
or employment with the Company Group for any reason whatsoever (whether or not the termination is ultimately held to be wrongful or unfair); 

(g)    The value of the Award is outside the scope of Participant’s employment contract, if any; 

(h)    The value of the Award is not part of normal or expected compensation for purposes of calculating any severance,
resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; 

(i)    No claim or entitlement to compensation or damages arises if the Award or the Shares issued pursuant to the Award
do not increase in value and Participant irrevocably releases the Company Group, their affiliates and third party vendors from any such claim that does arise; and 

(j)    By accepting the grant of the Award and not renouncing it, Participant is deemed to have agreed to the provisions
of this Section 3.4. 
 3.5    Governing Law and Jurisdiction. The laws of the State of Delaware shall
govern the interpretation, validity, administration, enforcement and performance of the terms of this RSU Agreement regardless of the law that might be applied under principles of conflicts of laws. The courts of the State of California shall have
jurisdiction to settle any dispute which may arise out of, or in connection with, the Plan. The jurisdiction agreement contained in this Section 3.5 is made for the benefit of the Company and its Parents and Subsidiaries only, which accordingly
retains the right to bring proceedings in any other court of competent jurisdiction. By accepting the grant of an Award and not renouncing it, Participant is deemed to have agreed to submit to such jurisdiction. 

3.6    Conformity to Securities Laws. Participant acknowledges that the Plan and this RSU Agreement are intended to
conform to the extent necessary with all provisions of the Securities Act and the Exchange Act, and any and all regulations and rules promulgated thereunder by the U.S. Securities and Exchange Commission, including, without limitation, Rule 16b-3 under the Exchange Act. Notwithstanding anything herein to the contrary, the Plan shall be administered, and the Award is granted, only in such a manner as to conform to such laws, rules and regulations. To
the extent permitted by applicable law, the Plan and this RSU Agreement shall be deemed amended to the extent necessary to conform to such laws, rules and regulations. 

  
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 3.7    Notices. Notices required or permitted hereunder shall be
given in writing and shall be deemed effectively given when sent via email or upon personal delivery or upon deposit in the United States mail by certified mail, with postage and fees prepaid, addressed to Participant to his or her address shown in
the Company records, and to the Company at its principal executive office. Notices required or permitted hereunder shall be given in writing and shall be deemed effectively given when sent via email or upon personal delivery or upon deposit in the
United States mail by certified mail, with postage and fees prepaid, addressed to Participant to his or her address shown in the Company records, and to the Company at its principal executive office. By a notice given pursuant to this
Section 3.7, either party may hereafter designate a different address for notices to be given to that party. 

3.8    Successors and Assigns. The Company may assign any of its rights under this RSU Agreement to single or
multiple assignees, and this RSU Agreement shall inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer herein set forth, this RSU Agreement shall be binding upon Participant and his or her heirs,
executors, administrators, successors and assigns. 
 3.9    Section 409A. This RSU Agreement
is not intended to provide for any deferral of compensation subject to Section 409A of the Code, and, accordingly, the amounts payable hereunder shall be paid no later than the later of: (i) the fifteenth (15th) day of the third month following Participant’s first taxable year in which such severance benefit is no longer subject to a substantial risk of forfeiture, and (ii) the fifteenth (15th) day of the third month following first taxable year of the Company in which such severance benefit is no longer subject to substantial risk of forfeiture, as determined in accordance with Code
Section 409A and any Treasury Regulations and other guidance issued thereunder. To the extent applicable, this RSU Agreement shall be interpreted in accordance with Code Section 409A and Department of Treasury regulations and other
interpretive guidance issued thereunder. Notwithstanding any other provision of the Plan, this RSU Agreement and the Grant Notice, if at any time the Administrator determines that this Award (or any portion thereof) may be subject to
Section 409A, the Administrator shall have the right in its sole discretion (without any obligation to do so or to indemnify Participant or any other person for failure to do so) to adopt such amendments to the Plan, this RSU Agreement or the
Grant Notice, or adopt other policies and procedures (including amendments, policies and procedures with retroactive effect), or take any other actions, as the Administrator determines are necessary or appropriate for this Award either to be exempt
from the application of Section 409A or to comply with the requirements of Section 409A. For purposes of Section 409A (including, without limitation, for purposes of Treasury Regulation
Section 1.409A-2(b)(2)(iii)), each payment that Participant may be eligible to receive under this RSU Agreement shall be treated as a separate and distinct payment. 

3.10    Data Protection. It shall be a term and condition of this Award that Participant explicitly and
unambiguously consent to the collection, use and transfer, in electronic or other form, of Participant’s personal “Data” (as defined below) by and among, as applicable, the Company Group for the exclusive purpose of implementing,
administering and managing Participant’s participation in the Plan. The Company Group holds certain personal information about Participant, including, but not limited to, Participant’s name, home address and telephone number, e-mail address, date of birth, employee identification number, NRIC or passport number or equivalent, salary, nationality, job title, any Shares or directorships held in the Company, details of all options or any
other entitlement to Shares awarded, canceled, exercised, vested, unvested or outstanding in Participant’s favor, for the purpose of implementing, administering and managing the Plan (“Data”). Data will be transferred to
such stock plan service providers as may be selected by the Company which are assisting the Company with the implementation, administration and management of the Plan. The recipients of the Data may be located in the United States

  
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of America or elsewhere (and, if Participant is a resident of a member state of the European Union, may be outside the European Economic Area) and that the recipient’s country (e.g., the
United States of America) may have different data privacy laws and protections than Participant’s country. Participant may request a list with the names and addresses of all recipients of the Data by contacting his or her local human resources
representative. The Company Group and any other possible recipients which may assist the Company (presently or in the future) with implementing, administering and managing the Plan to receive, possess, use, retain and transfer the Data, in
electronic or other form, for the purposes of implementing, administering and managing Participant’s participation in the Plan. Data will be held only as long as is necessary to implement, administer and manage Participant’s participation
in the Plan. The Company may also make the Data available to public authorities where required under locally applicable law. Participant may, at any time, view Data, request additional information about the storage and processing of Data, require
any necessary amendments to Data or refuse or withdraw the consents herein, in any case without cost, by contacting in writing Participant’s local human resources representative. Participant’s refusal to provide consent or withdrawal of
consent may affect Participant’s ability to participate in the Plan. For more information on the consequences of refusal to consent or withdrawal of consent, Participant may contact his or her U.S. human resources representative. This Section
applies to information held, used or disclosed in any medium. 
 3.11    Forfeiture and Claw-Back Provisions.
Participant hereby acknowledges and agrees that the Award is subject to the provisions of Section 22 of the Plan. 

3.12    Broker-Assisted Sales. In the event of any broker-assisted sale of Shares in connection with the payment of
withholding taxes as provided in Section 2.2(b)(iii) or (v): (a) any Shares to be sold through a broker-assisted sale will be sold on the day the tax withholding obligation arises or as soon thereafter as practicable; (b) such Shares
may be sold as part of a block trade with other participants in the Plan in which all participants receive an average price; (c) Participant will be responsible for all broker’s fees and other costs of sale, and Participant agrees to
indemnify and hold the Company harmless from any losses, costs, damages, or expenses relating to any such sale; (d) to the extent the proceeds of such sale exceed the applicable tax withholding obligation, the Company agrees to pay such excess
in cash to Participant as soon as reasonably practicable; (e) Participant acknowledges that the Company or its designee is under no obligation to arrange for such sale at any particular price, and that the proceeds of any such sale may not be
sufficient to satisfy the applicable tax withholding obligation; and (f) in the event the proceeds of such sale are insufficient to satisfy the applicable tax withholding obligation, Participant agrees to pay immediately upon demand to the
Company or its Subsidiary with respect to which the tax withholding obligation arises an amount in cash sufficient to satisfy any remaining portion of the Company’s or the applicable Subsidiary’s tax withholding obligation. 

3.13    Language. If Participant has have received this RSU Agreement or any other document related to the Plan
translated into a language other than English and if the meaning of the translated version is different than the English version, the English version will control. 

3.14    Electronic Delivery and Acceptance. The Company may, in its sole discretion, decide to deliver any
documents related to current or future participation in the Plan by electronic means. Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through an
on-line or electronic system established and maintained by the Company or a third party designated by the Company. 

3.15    Insider Trading Restrictions/Market Abuse Laws. Participant acknowledges that, depending on his or her
country of residence, Participant may be subject to insider trading restrictions and/or market abuse laws, which may affect his or her ability to acquire or sell Shares or rights to Shares under the Plan during such times when Participant is
considered to have “inside information” regarding the 

  
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Company (as defined by the laws in Participant’s country). Any restrictions under these laws or regulations are separate from and in addition to any restrictions that may be imposed under
any applicable Company insider trading policy. Participant further acknowledges that it is Participant’s responsibility to comply with any applicable restrictions, and Participant is advised to speak to his or her personal advisor on this
matter. 
 3.16    Additional Terms for Participants Providing Services Outside the United States. To the extent
Participant provides services to the Company in a country other than the United States, the RSUs shall be subject to such additional or substitute terms as shall be set forth for such country in Exhibit C to the Grant Notice. If Participant
relocates to one of the countries included in Exhibit C during the life of the RSUs, the special provisions for such country shall apply to Participant, to the extent the Company determines that the application of such provisions is necessary
or advisable in order to comply with local law or facilitate the administration of the Plan. In addition, the Company reserves the right to impose other requirements on the RSUs and the Shares issued upon vesting of the RSUs, to the extent the
Company determines it is necessary or advisable in order to comply with local laws or facilitate the administration of the Plan, and to require Participant to sign any additional agreements or undertakings that may be necessary to accomplish the
foregoing. 

  
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 EXHIBIT B 

TO PERFORMANCE-BASED RESTRICTED STOCK UNIT AWARD GRANT NOTICE 

VESTING SCHEDULE 
  

					
	☒	 	  Performance-Based Vesting:	 	 
	 
	 

 EXHIBIT C 

TO PERFORMANCE-BASED RESTRICTED STOCK UNIT AWARD GRANT NOTICE 

This Exhibit C includes special terms and conditions applicable to Participants providing services to the Company in the countries
below. These terms and conditions are in addition to those set forth in the RSU Agreement and the Plan and to the extent there are any inconsistencies between these terms and conditions and those set forth in the RSU Agreement and the Plan, as
applicable, these terms and conditions shall prevail. Any capitalized term used in this Exhibit C without definition shall have the meaning ascribed to such term in the Plan or the RSU Agreement, as applicable. 

Participant is advised to seek appropriate professional advice as to how the relevant exchange control and tax laws in
Participant’s country may apply to Participant’s individual situation. 
 ALL COUNTRIES 

Insider Trading Restrictions/Market Abuse Laws. Participant acknowledges that, depending on his or her country of residence,
Participant may be subject to insider trading restrictions and/or market abuse laws, which may affect Participant’s ability to acquire or sell Shares or rights to Shares (e.g., RSUs) under the Plan during such times as Participant is considered
to have “inside information” regarding the Company (as defined by the laws in Participant’s country). Any restrictions under these laws or regulations are separate from and in addition to any restrictions that may be imposed under any
applicable Company insider trading policy. Participant acknowledges that it is his or her responsibility to comply with any applicable restrictions, and Participant is advised to speak to his or her personal advisor on this matter. 

AUSTRALIA 
 Eligible
Participants. Notwithstanding anything to the contrary in the Plan or this RSU Agreement, in Australia, the only people who are eligible to be granted RSUs are full-time or part-time employees (including an executive director) of the Company or
any Parent or Subsidiaries, non-executive directors, contractors, casual employees who are, or might reasonably be expected to be, engaged to work the number of hours that are the pro-rata equivalent of forty percent (40%) or more of a comparable full-time position with the body or prospective participants (provided the recipient can only accept the offer if an arrangement has been entered
into that will result in the person becoming a person referred to above). Other persons who are not employees are not eligible to receive RSUs in Australia. This RSU Agreement forms the rules of the employee share scheme applicable to, amongst
others, the Australia-based employees of the Company and any Parent or Subsidiaries. 
 General product risk warning. In considering
the RSUs and the Shares that Participant will hold on vesting of the RSUs, Participant should consider the risk factors that could affect the performance of the Company. Participant should be aware that there are risks associated with any stock
market investment. It is important to recognize that stock prices and dividends might fall or rise. Factors affecting the market price include domestic and international economic conditions and outlook, changes in government fiscal, monetary and
regulatory policies, changes in interest rates and inflation rates, the announcement of new technologies and variations in general market conditions and/or market conditions which are specific to a particular industry. In addition, share prices of
many companies are affected by factors which might be unrelated to the operating performance of the relevant company. Such factors might adversely affect the market price of the Shares. Further, there is no guarantee that the Company’s Shares
will trade at a particular volume or that there will be an ongoing liquid market for the Shares, accordingly there is a risk that, should the market for the Shares become illiquid, Participant will be unable to realize Participant’s investment.

 Advice warning. Any advice given by the Company in relation to the RSUs, this
RSU Agreement and the Plan does not constitute financial advice and does not take into account Participant’s objectives, financial situation and needs. Participant should carefully consider these risks in light of Participant’s investment
objectives, financial situation and particular needs (including financial and tax issues) and seek professional guidance from Participant’s stockbroker, solicitor, accountant, financial adviser or other independent professional adviser before
deciding whether to invest in Shares. 
 Calculating values in Australian dollars. Participant may be paid earned RSUs which
have been vested in accordance with the vesting schedule outlined in Exhibit B in accordance with the terms of the Plan by delivery of Shares with a par value of $0.001 U.S. dollars (“USD”) or the payment of cash of an
amount equal to the Fair Market Value of those Shares (or a combination of both). Participant will not be required to pay any amount for the payment of earned RSUs. 

Participant can ascertain the market price of a Share in USD from time to time by visiting the NASDAQ website and completing a price search.

 To determine the par value or the Fair Market Value of a Share in Australian Dollars (“AUD”), Participant will
need to apply the prevailing USD : AUD exchange rate. For example, if the exchange rate is 1 USD : 1.5 AUD, and one Share has a value of USD $1 on the NASDAQ, its equivalent value will be AUD $1.50. 

Special Tax Provisions. Subdivision 83A-C of the Income Tax Assessment Act 1997
(Commonwealth of Australia) applies to RSUs granted under the Plan, subject to the requirements of that Act. 
 CANADA 

Language Consent. If Participant is a resident of Quebec, the following provision will apply to Participant: 

The parties acknowledge that it is their express wish that the RSU Agreement and the Plan, as well as all documents, notices and legal
proceedings entered into, given or instituted pursuant hereto or relating directly or indirectly hereto, be drawn up in English. 

Consentement relatif à la langue utilisée. Les parties reconnaissent avoir exigé la rédaction en
anglais de cette convention, ainsi que de tous documents, avis et procédures judiciaires, exécutés, donnés ou intentés en vertu de, ou liés directement ou indirectement à, la présente
convention. 
 Payment upon Termination of Service. The following provision supplements Section 9(e) of the Plan: 

For purposes of this Plan, Participant will be deemed to have experienced a termination of Participant’s relationship as a Service
Provider effective as of the date that is the earlier of (a) the date on which Participant receives a notice of termination of employment from the Company or any Subsidiary, or (b) the date on which Participant is no longer employed,
regardless of any notice period or period of pay in lieu of such notice required under local law; the Administrator shall have the exclusive discretion to determine when Participant is no longer employed for purposes of the Plan. 

Data Protection. In addition to the provisions of Section 3.10 of the RSU Agreement, Participant hereby authorizes the Company and
the Company’s representatives to discuss with and obtain all relevant information from all personnel, professional or not, involved in the administration and operation of the 

  
 2 

 
Plan. Participant further authorizes the Company Group and the administrator of the Plan to disclose and discuss the Plan with his or her advisors. Participant further authorizes the Company
Group and the Administrator to record such information and to keep such information in Participant’s employee file. 
 Securities
Law Information. Participant understands that Participant is permitted to sell Shares acquired pursuant to the Plan through the designated broker appointed under the Plan, if any, provided the sale of the Shares acquired pursuant to the
Plan takes place outside of Canada through the facilities of a stock exchange on which the Shares are listed. 
 Foreign Asset/Account
Reporting Information. If Participant is a Canadian resident, Participant may be required to report his or her foreign property on form T1135 (Foreign Income Verification Statement) if the total cost of the foreign property exceeds a certain
threshold at any time in the year. Foreign property includes Shares acquired under the Plan. The Shares must be reported—generally at a nil cost—if the cost threshold is exceeded because of other foreign property Participant holds. If
Shares are acquired, their cost generally is the adjusted cost base (“ACB”) of the Shares. The ACB ordinarily would equal the fair market value of the Shares at the time of acquisition, but if Participant owns other Shares,
this ACB may have to be leveraged with the ACB of the other Shares. The form T1135 generally must be filed by April 30 of the following year. Participant should consult with his or her personal advisor to ensure compliance with the applicable
reporting requirements. 
 CHINA 

Settlement of RSUs and Sale of Shares. The following provisions supplement Sections 2.1(c), 2.2 and 3.12 of the RSU Agreement
and supersede such provisions to the extent inconsistent with the following: 
 Notwithstanding Section 2.1(c) of the RSU Agreement,
the Company may settle vested RSUs in cash in an amount equal to the Fair Market Value of one Share for each vested RSU, as determined by the Administrator, in which case Participant shall have no right to any Shares under the RSUs. Any such cash
payment shall be made by Participant’s local employer, less any or all income tax, social insurance, payroll tax, payment on account or other tax-related items related to Participant’s participation
in the Plan.     
 If the Administrator settles vested RSUs in the form of Shares, such settlement will be conditioned
upon the Company securing all necessary approvals from the China State Administration of Foreign Exchange (“SAFE”) and the requirements of such approval. Participant understands that Participant may be required to sell such Shares
immediately upon vesting or within a specified period following termination of employment and will be required to hold such Shares with the Company’s designated brokerage firm until the Shares are sold. Further, Participant understands that
Participant may be required to immediately repatriate to China proceeds from the sale of any Shares acquired under the Plan (and any dividends) and there may be delays in distributing the funds to Participant due to exchange control requirements in
China. Participant understands that the Company is authorized to instruct its designated broker to assist with any mandatory sale of such Shares (on Participant’s behalf pursuant to this authorization) and Participant expressly authorizes the
Company’s designated broker to complete the sale of such Shares. Participant acknowledges that the Company’s designated broker will be under no obligation to arrange for the sale of the Shares at any particular price. The remittance,
conversion and payment of the proceeds shall be made in accordance with the procedures adopted by the Company in order to comply with SAFE regulations and accordingly, may be subject to change from time to time. If the proceeds are paid in local
currency, Participant acknowledges that the Company will be under no obligation to secure any particular exchange conversion rate. Participant agrees to bear any currency fluctuation risk between the time the Shares are sold and the net proceeds are
distributed to Participant. Participant further agrees to comply with all requirements that may be imposed by the Company in the future with respect to the RSUs and issuance of Shares to facilitate compliance with applicable law and regulations in
China. 

  
 3 

 DENMARK 

Stock Option Act. Participant acknowledges that Participant received the Employer Statement in Danish in accordance with the Danish
Stock Option Act, as amended effective January 1, 2019. 
 FRANCE 

Consent to Receive Information in English. By accepting the RSU Agreement providing for the terms and conditions of
Participant’s Award, Participant confirms having read and understood the documents relating to this Award (the Plan and this RSU Agreement) which were provided in English language. Participant accepts the terms of those documents accordingly.

 En acceptant le Contrat d’Attribution décrivant les termes et conditions de l’attribution, le Participant confirme
ainsi avoir lu et compris les documents relatifs à cette attribution (le Plan U.S. et ce Contrat d’Attribution) qui ont été communiqués en langue anglaise. Le Participant accepte les termes en connaissance de cause.

 Securities Laws. The Plan and this RSU Agreement do not require a prospectus to be submitted for approval to the French
Financial Market Authority (the “Autorité des marchés financiers”). Persons or entities referred to in Point 2°, Section II of Article L. 411-2 of the French Monetary
and Financial Code may take part in the Plan solely for their own account, as provided in Articles D. 411-1, D. 411-2, D. 734-1,
D. 744-1, D. 754-1 and D. 764-1 of the French Monetary and Financial Code. The financial instruments purchased under the Plan
cannot be distributed directly or indirectly to the public otherwise than in accordance with Articles L. 411-1, L. 411-2, L.
412-1 and L. 621-8 to L. 621-8-3 of the French Monetary and Financial Code.

Tax Consequences. Any tax consequences arising from the vesting or distribution or otherwise pursuant to an Award shall be borne solely
by Participant (including, without limitation, Participant’s individual income tax and Participant’s social security contributions, if applicable). The Company Group shall be entitled to (a) withhold Participant’s social security
contributions and individual income tax (if required) according to the requirements under applicable laws, rules and regulations, including withholding taxes at source and (b) report the income and requested details in respect of any award to
the competent tax and social security authorities. Furthermore, Participant shall agree to indemnify the Company Group and hold them harmless against and from any and all liability for any such tax or other payment or interest or penalty thereon,
including without limitation, liabilities relating to the necessity to withhold, or to have withheld, any such tax from any payment made to Participant. RSUs and this RSU Agreement are not intended to qualify for the favourable tax and social
security treatment in France applicable to performance-based restricted stock units granted under Sections L. 225-197-1 to L. 225-197-6 of the French Commercial Code. Should Participant be in any doubt as to the contents of the offer of this Award or what course of action to take in relation to the offer, Participant is recommended
to seek immediately his or her own personal financial advice from his or her stockbroker, bank manager, solicitor, accountant or other independent financial advisor duly authorized by the competent authorities or bodies. 

GERMANY 
 Control of
Plan. For the avoidance of doubt, the Plan shall only control unless otherwise stipulated in this Section. 
 Definition of
Disability. The definition of “Disability” for purposes of the Award and the Plan shall, for the avoidance of doubt, be interpreted as understood and interpreted by German law. 

  
 4 

 Definition of Service Provider. The definition of Service Provider shall, for the
avoidance of doubt, include the legal representatives of the German employer of Participant. 
 Eligible Service Provider. The
Company’s discretion to award rights under the Plan to eligible Service Providers shall be exercised in a way complying with German law, in particular with the labor law principle of equal treatment (arbeitsrechtlicher
Gleichbehandlungsgrundsatz) and with the prohibition of discrimination (Diskriminierungsverbot). 
 Leaves of Absences.
The Company’s discretion to grant awards under the Plan shall be exercised in a manner complying with German law, in particular with the labor law principle of equal treatment (arbeitsrechtlicher Gleichbehandlungsgrundsatz) and with the
prohibition of discrimination (Diskriminierungsverbot). For the avoidance of doubt, any sick leave or other leave of absence as used in the Plan shall be interpreted and applied as compliant with German law. 

Clawback. For the avoidance of doubt, any clawback shall only be made as permitted under German law requisites. 

Remedies. For the avoidance of doubt, remedies shall only be claimed as permitted under German law requisites. 

No Legal Claim. Participant acknowledges and agrees that the Award is a voluntary one-time
benefit, and that Participant does not have a legal claim for further grants. 
 Board, Administrator and Committee Discretion and
Decisions. The discretion of the Administrator under the Plan, the RSU Agreement and this Section, including their interpretation, shall always be exercised reasonably (nach billigem Ermessen) as defined under German law. 

Consent to Personal Data Processing and Transfer. The following provisions shall apply in lieu of Section 3.10 of the RSU
Agreement: 
 It shall be a term and condition of each award under the Plan that Participant acknowledges and consents to the collection,
use, processing and transfer of personal data as described below. The Company, (all together, the “Company Entities”), hold certain personal information, including Participant’s name, home address and telephone number,
date of birth, social security number or other employee tax identification number, employment history and status, salary, nationality, job title, and any equity compensation grants awarded, cancelled, purchased, vested, unvested or outstanding in
Participant’s favor, for the only purpose of managing and administering the Plan (“Data”). The Company Entities will transfer Data to any third parties assisting the Company in the implementation, administration and
management of the Plan. The Company Entities may also make the Data available to public authorities where required under locally applicable law. These recipients may be located in the United States, the European Economic Area, or elsewhere, which
Participant separately and expressly consents to, accepting that outside the European Economic Area, data protection laws may not be as protective as within. The third parties currently assisting the Company in the implementation, administration and
management of the Plan are the following: However, from time to time, the Company Entities may retain additional or different third parties for any of the purposes mentioned on which the Company will inform Participant and seek the additional
consent of Participant. Participant hereby authorizes the Company Entities to receive, possess, use, retain and transfer the Data, in electronic or other form, for the purposes of implementing, administering and managing participation in the Plan,
including any requisite transfer of such Data as may be required for the administration of the Plan on behalf of Participant to a third party with whom Participant may have elected to have payment made pursuant to the Plan. Participant may, at any
time, review Data, require any necessary 

  
 5 

 
amendments to it or withdraw the consent herein in writing by contacting the Company through its local Human Resources Director; however, withdrawing the consent may affect Participant’s
ability to participate in the Plan and receive the benefits under the RSU Agreement. Data will only be held as long as necessary to implement, administer and manage Participant’s participation in the Plan and any subsequent claims or rights.

 Taxes and Other Withholding. For the avoidance of doubt, any withholding and payment obligations under the Plan and the RSU
Agreement shall be made by the relevant member of the Company Group employing Participant when due and any taxes should always include German social security contributions (including Participant’s portion) and mandatory withholding and pay
obligations in accordance with German law. 
 Tax Consequences. Any tax consequences arising from the vesting or distribution or
otherwise pursuant to an Award shall be borne solely by Participant (including, without limitation, Participant’s individual income tax and Participant’s social security contributions, if applicable). The Company Group shall be entitled to
(a) withhold Participant’s social security contributions and individual income tax (if required) according to the requirements under applicable laws, rules and regulations, including withholding taxes at source and (b) report the
income and requested details in respect of any award to the competent tax and social security authorities. Furthermore, Participant shall agree to indemnify the Company Group and hold them harmless against and from any and all liability for any such
tax or other payment or interest or penalty thereon, including without limitation, liabilities relating to the necessity to withhold, or to have withheld, any such tax from any payment made to Participant. 

HONG KONG 
 Sale of
Shares. In the event the RSUs vest within six (6) months of the Grant Date, Participant agrees not to sell any Shares acquired upon vesting of the RSUs prior to the six-month anniversary of the
Grant Date. 
 Securities Warning. The grant of the RSUs and the issuance of Shares upon vesting do not constitute a public offer of
securities under Hong Kong law and are available only to eligible Service Providers. The Plan, this RSU Agreement, and other incidental communication materials that Participant may receive have not been prepared in accordance with and are not
intended to constitute a “prospectus” for a public offering of securities under applicable securities laws in Hong Kong. Furthermore, none of the documents relating to the Plan have been reviewed by any regulatory authority in Hong Kong.
Participant is advised to exercise caution in relation to the offer. If a Participant is in any doubt about any of the contents of the Plan, this RSU Agreement, any enrollment forms and other communication materials, Participant should obtain
independent professional advice. 
 Nature of Scheme. The Company specifically intends that the Plan will not be an occupational
retirement scheme for purposes of the Occupational Retirement Schemes Ordinance. 
 INDIA 

Exchange Control Information. Participant must repatriate any funds received pursuant to the Plan (e.g., proceeds from the sale of
Shares, dividends) to India within 90 days of receipt. Participant should obtain evidence of the repatriation of funds in the form of a foreign inward remittance certificate (“FIRC”) from the bank where Participant deposits the foreign
currency. Participant should maintain the FIRC as evidence of the repatriation of funds in the event the Reserve Bank of India or the employer requests proof of repatriation. 

  
 6 

 Notification Regarding Valuation of Shares for Tax Purposes. Current tax laws in
India require that the value of the Shares be determined by a category 1 merchant banker registered with the Securities and Exchange Board of India. This value, which the employer will use for purposes of determining the appropriate amount of tax to
withhold upon vesting of the RSU (or upon any other applicable taxable event), may differ from the market value of the Shares indicated on reports provided to Participant by the Company’s designated brokerage firm and/or the fair market value
of the Shares determined under the Plan definition. Participant should consult with his or her personal tax advisor regarding the valuation of the Shares and the taxation of the RSU. 

Foreign Asset/Account Reporting Information. Participant is required to declare any foreign bank accounts and assets (including Shares
acquired under the Plan) on his or her annual tax return. Participant should consult with his or her personal tax advisor to determine Participant’s reporting requirements. 

IRELAND 

Retirement. In relation to Awards of RSUs granted to employees working under Irish contracts of employment the Administrator shall not
exercise discretion to allow payments of RSUs on the termination of the Holder’s relationship as a Service Provider where that termination arises in the context of the Holder’s retirement. 

Forfeiture and Clawback. The Administrator shall apply the provisions of Rule 21 to participants in Ireland in accordance with
Applicable Law. 
 Data Privacy. The following provision shall apply in place of Section 3.10 of the RSU Agreement. A data
privacy notice is available from the Irish employer in relation to the handling and processing of data in connection with the operation of the Plan and this RSU Agreement. 

ITALY 
 Plan Document
Acknowledgment. In accepting the grant of RSUs, Participant acknowledges that Participant has received a copy of the Plan and the RSU Agreement and has reviewed the Plan and the RSU Agreement in their entirety and fully understands and accepts
all provisions of the Plan and the RSU Agreement. Participant further acknowledges that Participant has read and specifically and expressly approves the following sections of the RSU Agreement: Section 2.1(b) (Vesting), Section 2.2 (Tax
Indemnity), Section 2.3 (Conditions to Issuance of Certificates), Article III (Other Provisions), and Exhibit B (Vesting Schedule). 

Securities Laws. The offer and settlement of the RSUs do not require a prospectus to be submitted for approval to the Italian
Securities and Exchange Commission (the “Commissione Nazionale per le Società e la Borsa” or “CONSOB”). 

Data Protection. The following provision shall apply in place of Section 3.10 of the RSU Agreement. 

It shall be a term and condition of this Award that Participant acknowledges that the processing, collection, use and transfer, in electronic
or other form, of Participant’s personal “Data” (as defined below) by and among, as applicable, the Company Group is necessary for the purpose of implementing, administering and managing Participant’s participation in the Plan,
and in any case Participant explicitly 

  
 7 

 
and unambiguously consents to it. The Company Group may hold certain personal information about Participant – as necessary for the above purposes - including, but not limited to,
Participant’s name, home address and telephone number, e-mail address, date of birth, employee identification number, NRIC or passport number or equivalent, salary, nationality, job title, any Shares or
directorships held in the Company Group, details of all options or any other entitlement to Shares awarded, canceled, exercised, vested, unvested or outstanding in Participant’s favor, for the purpose of implementing, administering and managing
the Plan (“Data”). Data will not be disclosed and may only be communicated or transferred to such stock plan service providers as may be selected by the Company Group which are assisting the Company Group with the
implementation, administration and management of the Plan. The recipients of the Data may be located in the United States of America or elsewhere (and, if Participant is a resident of a member state of the European Union, may be outside the European
Economic Area) and the recipient’s country (e.g., the United States of America) may have different data privacy laws and protections than Participant’s country. Where the Data will be transferred any applicable statutory obligations
relevant to personal data transfers will be taken into account and, where there is not an European Commission (EC) adequacy decision in place, appropriate safeguards pursuant to Article 46 of the GDPR will be in place. Participant may request a list
with the names and addresses of all recipients of the Data, as well as more details on the above safeguards, by contacting Participant’s local human resources representative. Participant authorizes the Company Group and any other possible
recipients which may assist the Company Group (currently or in the future) with implementing, administering and managing the Plan to process, receive, possess, use, retain and transfer the Data, in electronic or other form which can, in any case,
guarantee their security and prevent unauthorized access thereto, for the purposes of implementing, administering and managing Participant’s participation in the Plan. Data will be held only as long as is necessary to implement, administer and
manage Participant’s participation in the Plan. The Company Group may also make the Data available to public authorities where required under locally applicable law. Participant may, at any time, exercise the rights granted to Participant by
the GDPR including the right to: view/access to Data; request additional information about the storage and processing of Data; require any necessary amendments to Data or refuse or withdraw the consents herein; obtain confirmation as to whether or
not Data relating to Participant exists; know the source of the Data, the logic and the purposes underlying the processing; obtain the erasure, the transformation into an anonymous form or the blocking of the data which have been processed
unlawfully, the updating, the rectification or the completion of the data; object, on legitimate grounds, to the processing of Data relating to Participant; obtain the Data portability; lodge a complaint before the local Data Protection Authority.
The above rights can be exercised, in any case without cost, by contacting in writing Participant’s local human resources representative. Participant understands that the processing of Participant’s Data is necessary and Participant’s
refusal to provide the Data may affect Participant’s ability to participate in the Plan. For more information on processing of Participant’s Data, Participant may contact Participant’s U.S. or local human resources representative.
This Section applies to information held, used or disclosed in any medium. The controller of personal data processing is Xperi Inc. (located at 2190 Gold St., San Jose, California 95002, and its telephone number at that location is (408) 519-9100. The relevant local representative is Participant’s employer. 
 JAPAN 

No Registration. An award of RSUs representing a right to receive a number of Shares under the Plan will be offered in Japan by a
private placement to small number of subscribers (shoninzu muke kanyu), as provided under Article 23-13, Paragraph 4 of the Financial Instruments and Exchange Law of Japan (“FIEL”), and
accordingly, the filing of a securities registration statement pursuant to Article 4, Paragraph 1 of the FIEL has not been made, and such Award may not be assigned or transferred by Participant. 

  
 8 

 LATVIA 

Consent to Personal Data Processing and Transfer. The following provisions shall apply in lieu of Section 3.10 of the RSU
Agreement: 
 It shall be a term and condition of this Award that Participant acknowledges and consents to the collection, use, processing
and transfer of personal data as described below. The Company Group holds certain personal information, including Participant’s name, home address and telephone number, date of birth, social security number or other employee tax identification
number, employment history and status, salary, nationality, job title, and any equity compensation grants awarded, cancelled, purchased, vested, unvested or outstanding in Participant’s favor, for the only purpose of managing and administering
the Plan (“Data”). The Company Group will transfer Data to any third parties assisting the Company in the implementation, administration and management of the Plan. The Company Group may also make the Data available to public
authorities where required under locally applicable law. These recipients may be located in the United States, the European Economic Area, or elsewhere, which Participant separately and expressly consents to, accepting that outside the European
Economic Area, data protection laws may not be as protective as within. The third party currently assisting the Company in the implementation, administration and management of the Plan is E*TRADE Financial Corporate Services, Inc. However, from time
to time, the Company Group may retain additional or different third parties for any of the purposes mentioned. Participant hereby authorizes the Company Group to receive, possess, use, retain and transfer the Data, in electronic or other form, for
the purposes of implementing, administering and managing participation in the Plan, including any requisite transfer of such Data as may be required for the administration of the Plan on behalf of Participant to a third party with whom Participant
may have elected to have payment made pursuant to the Plan. Participant may, at any time, review Data, require any necessary amendments to it or withdraw the consent herein in writing by contacting the Company through its local Human Resources
Director; however, withdrawing the consent may affect Participant’s ability to participate in the Plan and receive the benefits under the RSU Agreement. Data will only be held as long as necessary to implement, administer and manage
Participant’s participation in the Plan and any subsequent claims or rights. 
 MEXICO 

Acknowledgment of the Agreement. By participating in the Plan, Participant acknowledges that Participant has received a copy of the
Plan, has reviewed the Plan in its entirety and fully understands and accepts all provisions of the Plan. Participant further acknowledges that Participant has read and expressly approves the terms and conditions set forth in the RSU Agreement, in
which the following is clearly described and established: (a) Participant’s participation in the Plan does not constitute an acquired right; (b) the Plan and Participant’s participation in the Plan are offered by the Company on a
wholly discretionary basis; (c) Participant’s participation in the Plan is voluntary; and (d) the Company and its Subsidiaries are not responsible for any decrease in the value of the underlying shares. 

Reconocimiento del Contrato. Al participar en el Plan, usted reconoce que ha recibido una copia del Plan, que ha revisado el Plan en
su totalidad, y que entiende y acepta en su totalidad, todas y cada una de las disposiciones del Plan. Asimismo reconoce que ha leído y aprueba expresamente los términos y condiciones señalados en el párrafo titulado
“RSU Agreement,” en lo que claramente se describe y establece lo siguiente: (i) su participación en el Plan no constituye un derecho adquirido; (ii) el Plan y su participación en el Plan son
ofrecidos por la Compañía sobre una base completamente discrecional; (iii) su participación en el Plan es voluntaria; y (iv) la Compañía y sus Afiliadas no son responsables de ninguna por la
disminución en el valor de las Acciones subyacentes. 

  
 9 

 Labor Law Policy and Acknowledgment. By participating in the Plan, Participant
expressly recognizes that Xperi Inc., with registered offices at 2190 Gold St., San Jose, California 95002, USA, is solely responsible for the administration of the Plan and that Participant’s participation in the Plan and acquisition of shares
does not constitute an employment relationship between Participant and the Company since Participant is participating in the Plan on a wholly commercial basis. Based on the foregoing, Participant expressly recognizes that the Plan and the benefits
that Participant may derive from participation in the Plan do not establish any rights between Participant and the Company and do not form part of the employment conditions and/or benefits provided by the Company and any modification of the Plan or
its termination shall not constitute a change or impairment of the terms and conditions of Participant’s employment. 
 Participant
further understands that Participant’s participation in the Plan is as a result of a unilateral and discretionary decision of the Company; therefore, the Company reserves the absolute right to amend and/or discontinue Participant’s
participation at any time without any liability to Participant. 
 Finally, Participant hereby declares that Participant does not reserve
any action or right to bring any claim against the Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and Participant therefore grants a full and broad release to the Company, its
Subsidiaries, branches, representation offices, its shareholders, officers, agents or legal representatives with respect to any claim that may arise. 

Política de Legislación Laboral y Reconocimiento. Al participar en el Plan, usted reconoce expresamente que Xperi Inc., con
oficinas registradas en 2190 Gold St., San Jose, California 95002, Estados Unidos de América, es la única responsable por la administración del Plan, y que su participación en el Plan, así como la
adquisición de las Acciones, no constituye una relación laboral entre usted y la Compañía, debido a que usted participa en el plan sobre una base completamente mercantil. Con base en lo anterior, usted reconoce
expresamente que el Plan y los beneficios que pudiera obtener por su participación en el Plan, no establecen derecho alguno entre usted y la Compañía, y no forman parte de las condiciones y/o prestaciones laborales que la
Compañía ofrece, y que las modificaciones al Plan o su terminación, no constituirán un cambio ni afectarán los términos y condiciones de su relación laboral. 

Asimismo usted entiende que su participación en el Plan es el resultado de una decisión unilateral y discrecional de la
Compañía; por lo tanto, la Compañía se reserva el derecho absoluto de modificar y/o suspender su participación en cualquier momento, sin que usted incurra en responsabilidad alguna. 

Finalmente, usted declara que no se reserva acción o derecho alguno para interponer reclamación alguna en contra de la
Compañía, por concepto de compensación o daños relacionados con cualquier disposición del Plan o de los beneficios derivados del Plan, y por lo tanto, usted libera total y ampliamente de toda responsabilidad a la
Compañía, a sus Afiliadas, sucursales, oficinas de representación, sus accionistas, funcionarios, agentes o representantes legales, con respecto a cualquier reclamación que pudiera surgir. 

NORWAY 
 Data
Protection. The following provision shall apply in place of Section 3.10 of the RSU Agreement. 
 The Company Group will process
Participant’s personal data to the extent that this is necessary to fulfil the RSU Agreement and implement, administer and manage Participant’s participation in the Plan. The legal grounds for such processing is in part GDPR article 6 nr.
1 c), as the processing is necessary to fulfil an agreement with Participant, and in part GDPR article 6 nr. 1 f) as the processing is necessary for fulfilling the legitimate interest of Participant in participating in the Plan and the Company
Group’s interest 

  
 10 

 
in offering Participant participation in the Plan. The Company Group’s processing of personal data is a contractual requirement for participating in the Plan. The Company Group holds certain
personal information about Participant, including, but not limited to, Participant’s name, home address and telephone number, e-mail address, date of birth, employee identification number, NRIC or
passport number or equivalent, salary, nationality, job title, any Shares or directorships held in the Company, details of all options or any other entitlement to Shares awarded, canceled, exercised, vested, unvested or outstanding in
Participant’s favor, for the purpose of implementing, administering and managing the Plan (“Data”). 
 The Data
is collected from: the Company or Participant’s local employer. 
 Data will be transferred to such stock plan service providers as may
be selected by the Company which are assisting the Company with the implementation, administration and management of the Plan. The recipients of the Data may be located in the United States of America or elsewhere (and, if Participant is a resident
of a member state of the European Union, may be outside the European Economic Area) and that the recipient’s country (e.g., the United States of America) may have different data privacy laws and protections than Participant’s country. When
transferring Data outside of the EEA, the Company Group will ensure that Participant’s Data is secured in an adequate manner either by making use of EEA approved data transfer agreements with the recipients, by ensuring that the recipients are
subject to EEA approved certification mechanisms or having in place other legal safeguards. Participant can receive more information on the transfer of Data outside of the EEA and the safeguards Company Group has in place by contacting
Participant’s local human resources department. 
 Participant may request a list with the names and addresses of all recipients of the
Data by contacting his or her local human resources representative. 
 Data will be held only as long as is necessary to implement,
administer and manage Participant’s participation in the Plan. The Company may also make the Data available to public authorities where required under locally applicable law. Participant may, at any time, request access to a copy of Data,
request additional information about the storage and processing of Data, require any necessary amendments to and deletion of Data, have Data restricted from processing, to receive or have Data transferred to another party in a machine-readable
format, or object to the processing of data or withdraw any consents provided, in any case without cost, by contacting in writing Participant’s local human resources representative. 

This Section applies to information held, used or disclosed in any medium. If Participant has any concerns about the Company Group’s
processing of Data, Participant is entitled to lodge a complaint to the supervisory authority (Datatilsynet). 
 POLAND 

Foreign Asset/Account Reporting Information. If a Participant maintains bank or brokerage accounts holding cash and foreign securities
(including Shares) outside of Poland, (or holds other qualifying foreign assets or liabilities) Participant will be required to report information to the National Bank of Poland on foreign assets and liabilities if the value of such cash and
securities (together with other qualifying foreign assets or liabilities) exceeds equivalent of PLN 7,000,000. If required, such reports must be filed on a quarterly basis, within 26 days following the end of each calendar quarter, on special forms
available on the website of the National Bank of Poland. 
 Exchange Control Information. A transfer of funds in excess of
15,000 euro or its equivalent in other countries into Poland must be made through a bank account in Poland. Participants are required to store all documents connected with any foreign exchange transactions for a period of five years from the end of
the year in which such transaction occurred. 

  
 11 

 ROMANIA 

Exchange Control Information. Under Romanian Foreign Exchange Regulations, Participant is not required to seek authorization from
the National Bank of Romania to participate in the Plan. Further, Participant is not required to seek special authorization from the National Bank of Romania in order to open or operate a foreign bank account, nor is Participant required to
repatriate income Participant receives upon the sale of Shares. If Participant deposits the proceeds from the sale of Shares in a bank account in Romania, Participant may have to provide the Romanian bank with appropriate documentation regarding the
receipt of the income. 
 SINGAPORE 

Securities Law Information. The award of RSUs representing a right to receive a number of Shares pursuant to the Plan is being made in
reliance of Section 273(1)(f) of the Securities and Futures Act (Cap. 289 of Singapore) (“SFA”) for which it is exempt from the prospectus requirements under the SFA. 

Director / CEO Notification Obligation. If Participant is a director or chief executive officer (as applicable) of a company
incorporated in Singapore which is related to the Company (“Singapore Company”), Participant is subject to certain disclosure/notification requirements under the Companies Act (Cap. 50) of Singapore. Among these requirements
is an obligation to notify the Singapore Company in writing when Participant acquires an interest (such as shares, debentures, participatory interests, rights, options and contracts) in the Company (e.g., the RSUs, the Shares or any other award). In
addition, Participant must notify the Singapore Company when Participant disposes of such interest in the Company (including when Participant sells Shares issued upon vesting and settlement of the Award). These notifications must be made within two
days of acquiring or disposing of any such interest in the Company. In addition, a notification of Participant’s interests in the Company must be made within two (2) business days of becoming a director or chief executive officer (as
applicable). 
 In this regard: 

(a)    A “director” includes any person occupying the position of a director of a corporation by
whatever name called and includes a person in accordance with whose directions or instructions the directors or the majority of the directors of a corporation are accustomed to act and an alternate or substitute director. 

(b)    A “chief executive officer”, in relation to a company, means any one or more persons, by
whatever name described, who: 
 (i)    is in direct employment of, or acting for or by arrangement with, the company;
and 
 (ii)    is principally responsible for the management and conduct of the business of the company, or part of the
business of the company, as the case may be. 
 (c)    The Singapore Company will be deemed to be related to the Company
if the Singapore Company is: 
 (i)    the holding company of the Company; 

(ii)    a subsidiary of the Company; or 

  
 12 

 (iii)    a subsidiary of the holding company of the Company. 

(d)    “Business day” means any day other than a Saturday, Sunday or public holiday in Singapore.

 Tax Consequences. Participant agrees to indemnify and keep indemnified the Company, its Parent or any Subsidiary from and against
any Tax Liability. 
 In the event that Participant should be granted an award under this RSU Agreement in connection with
Participant’s employment in Singapore, any gains or profits enjoyed by Participant arising from the vesting of such RSUs will be taxable in Singapore as part of Participant’s employment remuneration regardless of when the RSUs vest or
where Participant is at the time the RSUs vest. Participant may, however, be eligible to enjoy deferment of such taxes under incentive schemes operated by the Inland Revenue Authority of Singapore if the qualifying criteria relating thereto are met.
Participant is advised to seek professional tax advice as to Participant’s tax liabilities including, to the extent Participant is a foreigner, how such gains or profits aforesaid will be taxed at the time Participant ceases to work in
Singapore. 
 All taxes (including income tax) arising from the Award or the vesting of any RSUs hereunder shall be borne by Participant.

 Where Participant is a non-citizen of Singapore and about to leave employment with the Employing
Entity (as defined below), the Employing Entity may be required under the Income Tax Act (Cap. 134) of Singapore to deduct or withhold taxes arising from the vesting of the RSUs from Participant’s emoluments. An amount equal to the tax amount
required to be deducted or withheld will have to be so deducted or withheld by the Employing Entity and paid to the Singapore tax authorities. Emoluments include income from gains or profits from any employment, which includes any wages, salary,
leave pay, fee, commission, bonus, gratuity, perquisite or allowance (other than certain types of allowance) paid or granted in respect of the employment whether in money or otherwise, and any gains or profits, directly or indirectly, derived by any
person from a right or benefit to acquire shares in any company where such right or benefit is obtained by reason of any office or employment held by him or her. “Employing Entity” shall mean the Company, a Singapore
subsidiary of the Company, other affiliated company or any other person paying such emoluments, whether on his or her account or on behalf of another person. 

SOUTH AFRICA 
 Exchange
Control Notification. Participant may be subject to foreign asset declaration and/or reporting requirements as a result of the grant or vesting of the RSUs, the acquisition, holding and/or transfer of the Shares or cash (including the proceeds
arising from the sale of the Shares) from Participant’s participation in the Plan and/or the opening and maintaining of a brokerage or bank account in connection with the Plan. In addition, proceeds from the sale of Shares may be required to be
remitted to South Africa during a designated period in accordance with exchange control and other requirements in South Africa. Participant should consult Participant’s advisor with respect to such requirements. 

Companies Act. The award of the RSUs (and any subsequent issue of Shares) is only being made available in South Africa to Participants
who are employees or contractors of the Company (or any parent or subsidiary) and to whom this RSU grant notice is specifically addressed. Accordingly: (i) the award of RSUs and Shares are not an “offer to the public” as contemplated
in the South African Companies Act, 2008 (the “Companies Act”); (ii) the information contained in this document does not, nor does it intend to, constitute a “registered prospectus” or an
“advertisement” in relation to an “offer to the public”, as 

  
 13 

 
contemplated by the Companies Act and the South African Companies Regulations of 2011 (the “Companies Regulations”); and (iii) no prospectus has been filed with
the South African Companies and Intellectual Property Commission (“CIPC”) in respect of the RSUs and Shares. As a result, this Notice and its exhibits do not comply with the substance and form requirements for a prospectus set out
in the Companies Act and the Companies Regulations, and has not been approved by, and/or registered with, the CIPC. 
 Data
Protection. The following provision shall apply in place of Section 3.10 of the RSU Agreement. 
 It shall be a term and condition
of this Award that Participant explicitly and unambiguously consent to the collection, use and transfer, in electronic or other form, of Participant’s personal “Data” (as defined below) by and among, as applicable, the Company Group
for the exclusive purpose of implementing, administering and managing Participant’s participation in the Plan. The Company Group holds certain personal information about Participant, including, but not limited to, Participant’s name, home
address and telephone number, e-mail address, date of birth, employee identification number, NRIC or passport number or equivalent, salary, nationality, race, gender, job title, any Shares or directorships
held in the Company, details of all options or any other entitlement to Shares awarded, canceled, exercised, vested, unvested or outstanding in Participant’s favor, for the purpose of implementing, administering and managing the Plan
(“Data”). Data will be transferred to such stock plan service providers as may be selected by the Company which are assisting the Company with the implementation, administration and management of the Plan. The recipients of
the Data may be located in the United States of America or elsewhere and that the recipient’s country (e.g., the United States of America) may have different data privacy laws and protections than Participant’s country. Participant may
request a list with the names and addresses of all recipients of the Data by contacting his or her local human resources representative. The Company Group and any other possible recipients which may assist the Company (presently or in the future)
with implementing, administering and managing the Plan to receive, possess, use, retain and transfer the Data, in electronic or other form, for the purposes of implementing, administering and managing Participant’s participation in the Plan.
Data will be held only as long as is necessary to implement, administer and manage Participant’s participation in the Plan or such longer period as may be necessary for historical, statistical or research purposes. The Company may also make the
Data available to public authorities where required under locally applicable law. Participant may, at any time, view Data, request additional information about the storage and processing of Data, require any necessary amendments to Data or refuse or
withdraw the consents herein, in any case without cost, by contacting in writing Participant’s local human resources representative. Participant’s refusal to provide consent or withdrawal of consent may affect Participant’s ability to
participate in the Plan. For more information on the consequences of refusal to consent or withdrawal of consent, Participant may contact his or her U.S. human resources representative. This Section applies to information held, used or disclosed in
any medium. 
 In addition, Participant hereby consents to Participant’s personal information being collected by the Company, as the
responsible party and, in appropriate instances, transferred outside of South Africa. Participants are required to make their personal information available in order to participate in the Plan and failure to do so may result in them not being able
to participate in the Plan. Data will be transferred to such stock plan service providers as may be selected by the Company which are assisting the Company with the implementation, administration and management of the Plan and Participant hereby
agrees to such transfers. As provided above, Participant may contact in writing Participant’s local human resources representative. In addition, Participant has the right to lodge a complaint to the Information Regulator regarding alleged
interference with the protection of Participant’s personal information. 

  
 14 

 SOUTH KOREA 

Exchange Control Information. To remit funds out of Korea to settle the RSUs by a cash-settlement method, Participant must obtain a
confirmation of the remittance by a foreign exchange bank in Korea. This is an automatic procedure, (i.e., the bank does not need to approve the remittance and the process should not take more than a single day). Participant likely will need
to present the bank processing the transaction supporting documentation evidencing the nature of the remittance. 
 If Participant realizes
USD $500,000 or more from the sale of Shares, Korean exchange control laws require Participant to repatriate the proceeds to Korea within eighteen (18) months of the sale. 

SWEDEN 
 Data
Protection. The following provisions shall apply in lieu of Section 3.10 of the RSU Agreement: 
 Participant acknowledges that
personal data will be collected, used, processed and transferred by and among, as applicable, the Company Group for the exclusive purpose of implementing, administering and managing Participant’s participation in the Plan. The Company Group
holds certain personal information about Participant, including, but not limited to, Participant’s name, home address and telephone number, e-mail address, date of birth, social security number, salary,
nationality, job title, any Shares or directorships held in the Company, details of all options or any other entitlement to Shares awarded, canceled, exercised, vested, unvested or outstanding in Participant’s favor, for the purpose of
implementing, administering and managing the Plan (“Data”). The legal basis for the processing of personal data is that the processing will be necessary in order to fulfil the agreement with Participant (i.e., the
Plan). Data will be transferred to such stock plan service providers as may be selected by the Company which are assisting the Company with the implementation, administration and management of the Plan. The recipients of the Data may be located in
the United States of America or elsewhere (and, if Participant is a resident of a member state of the European Union, may be outside the European Economic Area) and that the recipient’s country (e.g., the United States of America) may have
different data privacy laws and protections than Participant’s country. In these cases, the Company will put in place appropriate safeguards to protect Data in connection with the transfer. Participant may request a list with the names and
addresses of all recipients of the Data and the safeguards put in place by contacting Participant’s local human resources representative. Data will be held only as long as is necessary to implement, administer and manage Participant’s
participation in the Plan and any subsequent claims or rights. The Company may also make the Data available to public authorities where required under locally applicable law. Participant may, at any time, review Data and request inaccurate Data to
be corrected. In some circumstances and in accordance with applicable law, Participant may have the right to request that Participant’s Data is erased or that the processing of Participant’s Data is restricted. Furthermore, Participants
may have the right to object to the processing of Participant’s Data and to request that Participant’s Data is transferred in a machine-readable format to another controller. Any such requests can be made by contacting the Company through
its local Human Resources Director. Participant may also lodge a complaint regarding the processing of Data with the competent supervisory authority. 

SWITZERLAND 

Securities Law. The Plan and this RSU Agreement are not intended to constitute an offer or solicitation to purchase or invest in the
RSUs. The RSUs may not be publicly offered, directly or indirectly, in Switzerland within the meaning of the Swiss Financial Services Act (“FinSA”) and no application has or will be made to admit the RSUs to trading on any trading
venue (exchange or multilateral trading facility) in Switzerland. Neither the Plan, this RSU Agreement nor any other offering or marketing material relating to the RSUs constitutes a prospectus pursuant to the FinSA, and neither the Plan, this RSU
Agreement nor any other offering or marketing material relating to the RSUs may be publicly distributed or otherwise made publicly available in Switzerland. 

  
 15 

 Data Protection. The following provisions shall apply in lieu of Section 3.10 of
the RSU Agreement: 
 It shall be a term and condition of this Award that Participant acknowledges and explicitly and unambiguously consents
to the collection, use and transfer, in electronic or other form, of Participant’s personal “Data” (as defined below) for the exclusive purpose of implementing, administering and managing Participant’s participation in the Plan.
The Company Group holds certain personal information about Participant, including, but not limited to, Participant’s name, home address and telephone number, e-mail address, date of birth, employee
identification number, NRIC or passport number or equivalent, employment history and status, salary, nationality, job title, any Shares or directorships held in the Company, details of all options or any other entitlement to Shares awarded,
canceled, exercised, vested, unvested or outstanding in Participant’s favor. Data will be transferred to such stock plan service providers as may be selected by the Company which are assisting the Company with the implementation, administration
and management of the Plan. The Company may also make the Data available to public authorities where required under locally applicable law. The recipients of the Data may be located in the United States of America, the European Union or elsewhere,
which Participant separately and expressly consents to, accepting that outside the European Union, data protection laws may not be as protective as within. The third party currently assisting the Company in the implementation, administration and
management of the Plan is E*TRADE Financial Corporate Services, Inc. The Company may retain additional or different third parties for any of the purposes mentioned, on which the Company will inform Participant and, if necessary, seek
Participant’s additional consent. Participant may, at any time, review Data, request additional information about the storage and processing of Data, require any necessary amendments to Data or refuse or withdraw the consents herein, in any
case without cost, by contacting the Company in writing through its local human resources representative; however, withdrawing the consent may affect Participant’s ability to participate in the Plan and receive the benefits under the RSU
Agreement. For more information on the consequences of refusal to consent or withdrawal of consent, Participant may contact Participant’s U.S. human resources representative. This Section applies to information held, used or disclosed in any
medium. Data will be held only as long as is necessary to implement, administer and manage Participant’s participation in the Plan and any subsequent claims or rights. 

TAIWAN 
 General.
Participant acknowledges and agrees that he or she may be required to do certain acts and/or execute certain documents in connection with the grant of the RSUs, the vesting of the RSUs and the disposition of the resulting Shares, including but not
limited to obtaining foreign exchange approval for remittance of funds and other governmental approvals within the Republic of China. Participant shall pay his or her own costs and expenses with respect to any event concerning a holder of the RSUs,
or Shares received upon the vesting thereof, arising as a result of the Plan. 
 Securities Laws. Participant fully understands that
the offer of the RSUs has not been and will not be registered with or approved by the Financial Supervisory Commission of the Republic of China pursuant to relevant securities laws and regulations and the RSUs may not be offered or sold within the
Republic of China through a public offering or in circumstances which constitute an offer within the meaning of the Securities and Exchange Law of the Republic of China that requires a registration or approval of the Financial Supervisory Commission
of the Republic of China. 
 Outside Scope of Employment Contract. By accepting the grant of the RSUs, Participant acknowledges and
agrees that: (a) the value of the RSUs is outside the scope of Participant’s employment 

  
 16 

 
contract, if any; (b) the value of the RSUs is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments,
bonuses, long-service awards, pension or retirement benefits or similar payments; and (c) the Company does not guarantee any future value of the underlying Shares. Participant acknowledges that any agreement in connection with the RSUs is
between Participant and the Company, and that Participant’s local employer is not a party to such agreements. 
 Exchange Control
Information. If Participant is Taiwan resident (those who are over 20 years of age and holding a Republic of China citizen’s ID Card, Taiwan Resident Certificate or an Alien Resident Certificate that is valid for a period no less than
one year), Participant may acquire and remit foreign currency (including proceeds from the sale of Shares) into and out of Taiwan up to USD $5,000,000 per year. If the transaction amount is TWD $500,000 or more in a single transaction,
Participant must submit a foreign exchange transaction form and also provide supporting documentation to the satisfaction of the remitting bank. If the transaction amount is USD $500,000 or more, Participant may be required to provide
additional supporting documentation (including the contracts for such transaction, approval letter, etc.) to the satisfaction of the remitting bank. Participant acknowledges that Participant is advised to consult Participant’s personal
advisor to ensure compliance with applicable exchange control laws in Taiwan. 
 UNITED KINGDOM 

Eligible Participants. Notwithstanding anything to the contrary in the Plan or this RSU Agreement, in the United Kingdom only Employees
of the Company or any Parent or Subsidiaries are eligible to be granted RSUs. Other persons who are not Employees are not eligible to receive RSUs in the United Kingdom. This RSU Agreement forms the rules of the employee share scheme applicable to,
amongst others, the United Kingdom-based Employees of the Company and any Parent or Subsidiaries. All Awards granted to Employees of the Company or any Parent or Subsidiaries who are based in the United Kingdom will be granted on similar terms. 

Special Tax Provisions. If Participant is a resident of the United Kingdom, then Participant’s “Tax
Liability” shall also include Participant’s National Insurance Contributions or any National Insurance Contributions of the Company Group that are attributable to the vesting or distribution of the RSUs or otherwise pursuant to
this RSU Agreement. In addition, at the discretion of the Company, the RSUs will not vest until Participant has entered into an election with the Company (or such other member of the Company Group that is Participant’s employer) (as
appropriate) in a form approved by the Company and Her Majesty’s Revenue & Customs (a “Joint Election”) under which any liability of the Company Group for the employer’s National Insurance contributions
arising in respect of the vesting or distribution of the RSUs, the disposal of any Shares issued pursuant to the distribution of the RSUs or otherwise pursuant to this RSU Agreement is transferred to and met by Participant. 

  
 17EX-10.15

 Exhibit 10.15 

XPERI INC. 
 2022 EQUITY
INCENTIVE PLAN 
 1.    Purposes of the Plan. The purposes of this Plan are to attract and retain the best
available personnel for positions of responsibility, to provide additional incentive to Employees, Directors and Consultants and to promote the success of the Company’s business. Options granted under the Plan may be Incentive Stock Options or
Nonstatutory Stock Options, as determined by the Administrator at the time of grant. Restricted Stock, Performance Awards, Dividend Equivalents, Restricted Stock Units, Stock Payments and Stock Appreciation Rights may also be granted under the Plan.

 2.    Definitions. As used herein, the following definitions shall apply: 

(a)    “Administrator” means the Board or any of its Committees as shall be administering the Plan in
accordance with Section 4 hereof. 
 (b)    “Applicable Laws” means the requirements relating to
the administration of stock option plans under U.S. state corporate laws, U.S. federal and state securities laws, the Code, any stock exchange or quotation system on which the Common Stock is listed or quoted and the applicable laws of any foreign
country or jurisdiction where Awards are granted under the Plan. 
 (c)    “Award” shall mean an
Option, a Restricted Stock award, a Performance Award, a Dividend Equivalents award, a Restricted Stock Unit award, a Stock Payment award or a Stock Appreciation Right which may be awarded or granted under the Plan. 

(d)    “Award Agreement” shall mean a written or electronic agreement between the Company and the
Holder which shall contain such terms and conditions with respect to an Award as the Administrator shall determine, consistent with the Plan. 

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

(f)    “Change of Control” shall mean and include each of the following: 

(i)    A transaction or series of transactions (other than an offering of the Company’s Common Stock to the general
public through a registration statement filed with the Securities and Exchange Commission) whereby any “person” or related “group” of “persons” (as such terms are used in Sections 13(d) and 14(d)(2) of the Exchange Act)
(other than the Company, any of its Subsidiaries, an employee benefit plan maintained by the Company or any of its Subsidiaries or a “person” that, prior to such transaction, directly or indirectly controls, is controlled by, or is under
common control with, the Company) directly or indirectly acquires beneficial ownership (within the meaning of Rule 13d-3 under the Exchange Act) of securities of the Company possessing more than fifty percent
(50%) of the total combined voting power of the Company’s securities outstanding immediately after such acquisition; or 

(ii)    The consummation by the Company (whether directly involving the Company or indirectly involving the Company
through one or more intermediaries) of (x) a 

 
merger, consolidation, reorganization, or business combination or (y) a sale or other disposition of all or substantially all of the Company’s assets in any single transaction or series
of related transactions or (z) the acquisition of assets or stock of another entity, in each case other than a transaction: 

(A)    Which results in the Company’s voting securities outstanding immediately before the transaction continuing to
represent (either by remaining outstanding or by being converted into voting securities of the Company or the person that, as a result of the transaction, controls, directly or indirectly, the Company or owns, directly or indirectly, all or
substantially all of the Company’s assets or otherwise succeeds to the business of the Company (the Company or such person, the “Successor Entity”)) directly or indirectly, at least a majority of the combined voting power of
the Successor Entity’s outstanding voting securities immediately after the transaction, and 
 (B)    After which
no person or group beneficially owns voting securities representing fifty percent (50%) or more of the combined voting power of the Successor Entity; provided, however, that no person or group shall be treated for purposes of this
Section 2(f)(ii)(B) as beneficially owning fifty percent (50%) or more of combined voting power of the Successor Entity solely as a result of the voting power held in the Company prior to the consummation of the transaction. 

The Administrator shall have full and final authority, which shall be exercised in its discretion, to determine conclusively whether a Change of Control of
the Company has occurred pursuant to the above definition, and the date of the occurrence of such Change of Control and any incidental matters relating thereto. 

Notwithstanding the foregoing, if a Change of Control constitutes a payment event with respect to any portion of an Award that provides for the deferral of
compensation and is subject to Section 409A of the Code, the transaction or event described in subsection (i) or (ii) above with respect to such Award (or portion thereof) must also constitute a “change in control event,” as
defined in Treasury Regulation Section 1.409A-3(i)(5) to the extent required by Section 409A. 

(g)    “Code” means the Internal Revenue Code of 1986, as amended, or any successor statute or statutes
thereto. Reference to any particular section of the Code shall include any successor section. 

(h)    “Committee” means a committee of Directors appointed by the Board in accordance with
Section 4 hereof. 
 (i)    “Common Stock” means the Common Stock of the Company. 

(j)    “Company” means Xperi Inc., a Delaware corporation. 

(k)    “Consultant” means any consultant or adviser if: (i) the consultant or adviser renders
bona fide services to the Company or any Parent or Subsidiary of the Company; (ii) the services rendered by the consultant or adviser are not in connection with the offer or sale of securities in a capital-raising transaction and do not
directly or indirectly promote or maintain a market for the Company’s securities; and (iii) the consultant or adviser is a natural person who has contracted directly with the Company or any Parent or Subsidiary of the Company to render
such services. 

  
 2 

 (l)    “Director” means a member of the Board of
Directors of the Company. 
 (m)    “Disability” means total and permanent disability as defined in
Section 22(e)(3) of the Code. 
 (n)    “Dividend Equivalent” shall mean a right to receive the
equivalent value (in cash or Common Stock) of dividends paid on Common Stock, awarded under Section 10(c) of the Plan. 

(o)    “DRO” shall mean a domestic relations order as defined by the Code or Title I of the Employee
Retirement Income Security Act of 1974, as amended, or the rules thereunder. 
 (p)    “Employee” means
any person, including executive officers and Directors, employed by the Company or any Parent or Subsidiary of the Company. A Service Provider shall not cease to be an Employee in the case of (i) any leave of absence approved by the Company or
(ii) transfers between locations of the Company or between the Company, its Parent, any Subsidiary, or any successor. For purposes of Incentive Stock Options, no such leave may exceed ninety (90) days, unless reemployment upon expiration
of such leave is guaranteed by statute or contract. If reemployment upon expiration of a leave of absence approved by the Company is not so guaranteed, on the 181st day of such leave any Incentive Stock Option held by the Holder shall cease to be
treated as an Incentive Stock Option and shall be treated for tax purposes as a Nonstatutory Stock Option. Neither service as a Director nor payment of a director’s fee by the Company shall be sufficient to constitute “employment” by
the Company. 
 (q)    “Equity Restructuring” shall mean a nonreciprocal transaction between the
Company and its stockholders, such as a stock dividend, stock split, spin-off, rights offering or recapitalization through a large, nonrecurring cash dividend, that affects the number or kind of shares of
Common Stock (or other securities of the Company) or the share price of Common Stock (or other securities) and causes a change in the per share value of the Common Stock underlying outstanding Awards. 

(r)    “Exchange Act” means the Securities Exchange Act of 1934, as amended, or any successor
statute or statutes thereto. Reference to any particular section shall include any successor section. 

(s)    “Fair Market Value” means, as of any given date, the value of Common Stock determined as follows:

 (i)    If the Common Stock is listed on any established stock exchange or a national market system, its Fair Market
Value shall be the closing sales price for the Common Stock (or the closing bid, if no sales were reported) as quoted on such exchange or system for such date, or if no bids or sales were reported for such date, then the closing sales price (or the
closing bid, if no sales were reported) on the trading date immediately prior to such date during which a bid or sale occurred, in each case, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; or

  
 3 

 (ii)    If the Common Stock is regularly quoted by a recognized
securities dealer but selling prices are not reported, its Fair Market Value shall be the mean of the closing bid and asked prices for the Common Stock on such date, or if no closing bid and asked prices were reported for such date, the date
immediately prior to such date during which closing bid and asked prices were quoted for the Common Stock, in each case, as reported in The Wall Street Journal or such other source as the administrator deems reliable; or 

(iii)    In the absence of an established market for the Common Stock, the Fair Market Value thereof shall be determined
in good faith by the Administrator. 
 (t)    “Holder” means the holder of an outstanding Award granted
under or issued pursuant to the Plan. 
 (u)    “Incentive Stock Option” means an Option intended to
qualify as an incentive stock option within the meaning of Section 422 of the Code. 
 (v)    “Non-Employee Director” means a Director who is not an Employee of the Company. 

(w)    “Nonstatutory Stock Option” means an Option not intended to qualify as an Incentive Stock Option,
or which is designated as an Incentive Stock Option by the Administrator but fails to qualify as an incentive stock option within the meaning of Section 422 of the Code. 

(x)    “Option” means a stock option granted pursuant to the Plan. 

(y)    “Parent” means a “parent corporation,” whether now or hereafter existing, as defined in
Section 424(e) of the Code. 
 (z)    “Performance Award” shall mean a cash bonus, stock bonus or
other performance or incentive award that is paid in cash, Common Stock or a combination of both, awarded under Section 10(b) of the Plan. 

(aa)    “Performance Criteria” shall mean the criteria (and adjustments) that the Administrator selects
for purposes of establishing the Performance Goal or Performance Goals for the Holder of a Performance Period, determined as follows: 

(i)    The Performance Criteria that will be used to establish Performance Goals may relate to any business criteria with
respect to the Company, any Subsidiary or any division or operating unit thereof, including, without limitation, the following: (A) revenue or billings, (B) sales, (C) cash flow, (D) earnings per share of Common Stock (including
earnings before any one or more of the following: (1) interest, (2) taxes, (3) depreciation, (4) amortization, (5) goodwill impairment charges or (6) non-cash equity-based compensation
expense), (E) return on equity, (F) total stockholder return, (G) return on invested capital, (H) return on assets or net assets, (I) income or net income or pre-tax income,
(J) operating income or net operating income, (K) operating profit or net operating profit, (L) operating margin, (M) cost reductions or savings or expense management, (N) appreciation in the Fair Market Value of a share of
Common Stock, (O) research and development expenses (including research and development expenses as a percentage of sales or revenues), (P) working capital, (Q) market share, (R) completion of acquisitions and

  
 4 

 
partnerships, (S) implementation of new technology by customers or partners, (T) completion of settlements and/or licensing arrangements, (U) new product or technology development
milestones, (V) comparisons with various stock market indices, (W) capital raised in financing transactions or other financing milestones, or (X) financial ratios. The Administrator shall define the manner of calculating the
Performance Criteria it selects to use for such Performance Period for such Holder, any of which may be measured either in absolute terms or as compared to any incremental increase or decrease or as compared to results of a peer group or to market
performance indicators or indices. 
 (ii)    The Administrator may, in its sole discretion, provide that one or more
adjustments will be made to one or more of the Performance Goals established for any Performance Period. Such adjustments may include, but are not limited to, one or more of the following: (A) items related to a change in accounting principles,
(B) items relating to financing activities, (C) expenses for restructuring or productivity initiatives, (D) non-cash charges, including those relating to share-based awards, (E) other non-operating items, (F) items related to acquisitions or other strategic transactions, (G) items attributable to the business operations of any entity acquired by us during the Performance Period,
(H) items related to the disposal of a business or segment of a business, (I) items related to discontinued operations that do not qualify as a segment of a business under generally accepted accounting principles, (J) items
attributable to any stock dividend, stock split, combination or exchange of shares occurring during the Performance Period, (K) any other items of significant income or expense which are determined to be appropriate adjustments, (L) items
relating to unusual or extraordinary corporate transactions, events or developments, (M) items related to amortization of acquired intangible assets, (N) items that are outside the scope of the Company’s core, on-going business activities, or (O) items relating to any other unusual or nonrecurring events or changes in applicable laws or business conditions. 

(bb)    “Performance Goals” means, for a Performance Period, the goals established in writing by the
Administrator for the Performance Period. Performance Goals may be expressed in terms of overall Company performance or the performance of a Subsidiary, division, other operational unit or an individual. 

(cc)    “Performance Period” means the one or more periods of time, which may be of varying and
overlapping durations, as the Administrator may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, an Award. 

(dd)    “Plan” means this Xperi Inc. 2022 Equity Incentive Plan. 

(ee)    “Restricted Stock” means shares of Common Stock awarded under Section 8 below. 

(ff)    “Restricted Stock Unit” shall mean a contractual right awarded under Section 9 to receive in
the future a Share or the cash value of a Share. 
 (gg)    “Rule
16b-3” means that certain Rule 16b-3 under the Exchange Act, as such rule may be amended from time to time. 

(hh)    “Section 16(b)” means Section 16(b) of the Exchange Act. 

  
 5 

 (ii)    “Securities Act” means the Securities Act of
1933, as amended, or any successor statute or statutes thereto. Reference to any particular Securities Act section shall include any successor section. 

(jj)    “Service Provider” means an Employee, Director or Consultant. 

(kk)    “Share” means a share of the Common Stock, as adjusted in accordance with Section 13 below.

 (ll)    “Stock Appreciation Right” shall mean a stock appreciation right granted under
Section 11 of the Plan. 
 (mm)     “Stock Payment” shall mean a payment in the form of shares of
Common Stock awarded under Section 10(d) of the Plan. 
 (nn)    “Substitute Awards” shall mean
awards granted pursuant to Section 3(c) below. 
 (oo)    “Subsidiary” means a “subsidiary
corporation,” whether now or hereafter existing, as defined in Section 424(f) of the Code. 
 3.    Stock
Subject to the Plan. 
 (a)    Subject to the provisions of Section 13 of the Plan, the maximum aggregate number
of Shares which may be subject to Awards under the Plan is [●]1 Shares, plus an annual increase on the first day of each year beginning in 2023 and ending in 2032, equal to the lesser of
(A) five percent (5%) of the Shares outstanding on the last day of the immediately preceding fiscal year and (B) such smaller number of Shares as determined by the Board or the Committee. Shares issued upon exercise of Awards may be
authorized but unissued, or reacquired Common Stock. Subject to the provisions of Section 13 of the Plan, the maximum aggregate number of Shares which may be issued pursuant to the exercise of Incentive Stock Options is [●].2 
 (b)    If any Shares subject to an Award are forfeited or expire or
such Award is settled for cash (in whole or in part), the Shares subject to such Award shall, to the extent of such forfeiture, expiration or cash settlement, again be available for future grants of Awards under the Plan in an amount corresponding
to the reduction in the share reserve previously made in accordance with Section 3(a) with respect to such Award. The following Shares shall also be added back to the Shares authorized for grant under Section 3(a) and be available for
future grants of Awards: (i) Shares tendered by a Holder or withheld by the Company in payment of the exercise price of an Option or Stock Appreciation Right; (ii) Shares tendered by the Holder or withheld by the Company to satisfy any tax
withholding obligation with respect to an Award; (iii) Shares 
  

	1 	 To be equal to 10% of the total shares outstanding for the issuance of new awards to employees and other
service providers following the spin and an additional number of shares to reflect the converted awards which will be determined based on the final distribution ratio. 

	2 	 To be equal to initial share reserve in respect of shares available for issuance pursuant to new awards granted
after the spin. 

  
 6 

 
subject to a Stock Appreciation Right that are not issued in connection with the stock settlement of the Stock Appreciation Right on exercise thereof. Notwithstanding anything to the contrary
contained herein, Shares repurchased by the Company on the open market with the cash proceeds from the exercise of Options or Stock Appreciation Rights will not be added back to the Shares authorized for grant under Section 3(a) and will not be
made available for future grants of Awards. Any Shares forfeited by the Holder or repurchased by the Company under Section 8(b) at a price not greater than the price originally paid by the Holder so that such Shares are returned to the Company
will again be available for Awards in an amount corresponding to the reduction in the share reserve previously made in accordance with Section 3(a) with respect to such Award. The payment of Dividend Equivalents in cash in conjunction with any
outstanding Awards shall not be counted against the Shares available for issuance under the Plan. Notwithstanding the provisions of this Section 3(b), no Shares may again be optioned, granted or awarded if such action would cause an Incentive
Stock Option to fail to qualify as an incentive stock option under Section 422 of the Code. 
 (c)    Shares issued
under Awards granted in assumption, substitution or exchange for previously granted awards of a company acquired by the Company (“Substitute Awards”) shall not reduce Shares available under Plan. Available shares under a shareholder
approved plan of an acquired company (as appropriately adjusted to reflect such acquisition) may be used for Awards under this Plan and shall not reduce the number of Shares available under this Plan, except as required by the rules of any
applicable stock exchange. 
 4.    Administration of the Plan. 

(a)    Administrator. A Committee of the Board shall administer the Plan and the Committee shall consist solely of
two or more Non-Employee Directors each of whom is a “non-employee director” within the meaning of Rule 16b-3, and such
Committee shall be otherwise comprised to comply with all Applicable Laws. Within the scope of such authority, the Board or the Committee may delegate to a committee of one or more members of the Board who are not
“non-employee directors,” within the meaning of Rule 16b-3, the authority to grant Awards under the Plan to eligible persons who are not then subject to
Section 16 of the Exchange Act. In its absolute discretion, the Board may at any time and from time to time exercise any and all rights and duties of the Committee under the Plan except with respect to matters which under Rule 16b-3, or any regulations or rules issued thereunder, are required to be determined in the sole discretion of the Committee. Notwithstanding the foregoing, the full Board, acting by a majority of its members in
office, shall conduct the general administration of the Plan with respect to Awards granted to Non-Employee Directors. 

(b)    Powers of the Administrator. Subject to the provisions of the Plan and, in the case of a Committee, the
specific duties delegated by the Board to such Committee, and subject to the approval of any relevant authorities, the Administrator shall have the authority in its discretion: 

(i)    to determine the Fair Market Value; 

(ii)    to select the Service Providers to whom Awards may from time to time be granted hereunder; 

  
 7 

 (iii)    to determine the number of Shares to be covered by each such
Award granted hereunder; 
 (iv)    to approve forms of agreement for use under the Plan; 

(v)    to determine the terms and conditions of any Awards granted hereunder. Such terms and conditions include, but are
not limited to, the exercise price, the time or times when Awards may be exercised (which may be based on performance criteria), any vesting acceleration or waiver of forfeiture restrictions, and any restriction or limitation regarding any Award or
the Common Stock relating thereto, based in each case on such factors as the Administrator, in its sole discretion, shall determine; 

(vi)    to prescribe, amend and rescind rules and regulations relating to the Plan, including rules and regulations
relating to sub-plans established for the purpose of qualifying for preferred tax treatment under foreign tax laws; and 

(vii)    to construe and interpret the terms of the Plan and awards granted pursuant to the Plan. 

(c)    Effect of Administrator’s Decision. All decisions, determinations and interpretations of the
Administrator shall be final and binding on all Holders. 
 5.    Eligibility. 

(a)    General Eligibility. Awards may be granted to Service Providers. Incentive Stock Options may be granted only
to Employees. 
 (b)    No Right to Continuing Service. Neither the Plan nor any Award shall confer upon any
Holder any right with respect to continuing the Holder’s relationship as a Service Provider with the Company, nor shall it interfere in any way with his or her right or the Company’s right to terminate such relationship at any time, with
or without cause. 
 (c)    Award Limit. No Service Provider shall be granted, in any calendar year, Awards to
purchase more than 1,500,000 Shares. The foregoing limitation shall be adjusted proportionately in connection with any change in the Company’s capitalization as described in Section 13. For purposes of this Section 5(c), if an Option
is canceled in the same calendar year it was granted (other than in connection with a transaction described in Section 13), the canceled Option will be counted against the limit set forth in this Section 5(c). For this purpose, if the
exercise price of an Option is reduced, the transaction shall be treated as a cancellation of the Option and the grant of a new Option. In addition, the maximum amount that may be paid in cash during any calendar year with respect to any Award
initially payable in cash shall be $1,500,000. The maximum aggregate grant date fair value of Awards granted to a Non-Employee Director as compensation for services as a
Non-Employee Director in any calendar year, as determined in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 718, or any successor thereto, shall be $750,000. The
limits on Awards set forth in this Section 5(c) are referred to herein collectively as the “Award Limits.” 

  
 8 

 6.    Term of Plan. This Plan shall become effective on the date
it is approved by the Company’s stockholders (the “Effective Date”) and shall continue in effect until the tenth anniversary of the Effective Date, unless terminated earlier under Section 15 of the Plan. No Awards may be
granted or awarded during any period of suspension or after termination of the Plan, and, notwithstanding anything herein to the contrary, in no event may any Incentive Stock Option be granted under this Plan after the tenth anniversary of the
Effective Date. 
 7.    Terms of Options. 

(a)    Limitations on Incentive Stock Options. Each Option shall be designated in the applicable Award Agreement as
either an Incentive Stock Option or a Nonstatutory Stock Option. However, notwithstanding such designation, to the extent that the aggregate Fair Market Value of the Shares with respect to which Incentive Stock Options are exercisable for the first
time by the Holder during any calendar year (under all plans of the Company and any Parent or Subsidiary) exceeds $100,000, such Options shall be treated as Nonstatutory Stock Options. For purposes of this Section 7(a), Incentive Stock Options
shall be taken into account in the order in which they were granted. The Fair Market Value of the Shares shall be determined as of the time the Option with respect to such Shares is granted. 

(b)    Term of Option. The term of each Option shall be stated in the applicable Award Agreement; provided,
however, that the term of an Option shall be no more than ten (10) years from the date of grant thereof. In the case of an Incentive Stock Option granted to a Holder who, at the time the Option is granted, owns stock representing more than ten
percent (10%) of the voting power of all classes of stock of the Company or any Parent or Subsidiary, the term of the Option shall be five (5) years from the date of grant or such shorter term as may be provided in the Award Agreement. 

(c)    Option Exercise Price. The per share exercise price for the Shares to be issued upon exercise of an Option
shall be such price as is determined by the Administrator; provided, however, that the per Share exercise price shall be no less than one hundred percent (100%) of the Fair Market Value per Share on the date of grant (or, as to Incentive Stock
Options, on the date the Option is modified, extended or renewed for purposes of Section 424(h) of the Code). In the case of an Incentive Stock Option granted to an Employee who, at the time of grant of such Option, owns (or is treated as
owning under Section 424 of the Code) stock representing more than ten percent (10%) of the voting power of all classes of stock of the Company or any Parent or Subsidiary, the exercise price per Share shall be no less than one hundred ten
percent (110%) of the Fair Market Value per Share on the date of grant (or the date the Option is modified, extended or renewed for purposes of Section 424(h) of the Code). 

(d)    Exercise of Option. 

(i)    Procedure for Exercise; Rights as a Stockholder. Any Option granted hereunder shall be vested and
exercisable according to the terms hereof at such times and under such conditions as determined by the Administrator and set forth in the Award Agreement. Unless the Administrator provides otherwise, vesting of Options granted hereunder shall be
tolled during any unpaid leave of absence. An Option may not be exercised for a fraction of a Share. 

  
 9 

 An Option shall be deemed exercised when the Company receives: (A) written or
electronic notice of exercise (in accordance with the Award Agreement) from the person entitled to exercise the Option, (B) such representations and documents as the Administrator, in its sole discretion, deems necessary or advisable to effect
compliance with Applicable Laws, (C) upon the exercise of all or a portion of an unvested Option pursuant to Section 7(f), a Restricted Stock purchase agreement in a form determined by the Administrator and signed by the Holder or other
person then entitled to exercise the Option or such portion of the Option; and (D) full payment for the Shares with respect to which the Option is exercised, including payment of any applicable withholding tax. Full payment may consist of any
consideration and method of payment authorized by the Administrator and permitted by the Award Agreement and the Plan. 
 Shares issued
upon exercise of an Option shall be issued in the name of the Holder or, if requested by the Holder, in the name of the Holder and his or her spouse. Until the Shares are issued (as evidenced by the appropriate entry on the books of the Company or
of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a stockholder shall exist with respect to the Shares, notwithstanding the exercise of the Option. The Company shall issue (or cause to
be issued) such Shares promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the Shares are issued, except as provided in Section 13 of the Plan. 

(ii)    Termination of Relationship as a Service Provider. If a Holder ceases to be a Service Provider other than
by reason of the Holder’s death or Disability, such Holder may exercise his or her Option within such period of time as is specified in the Award Agreement to the extent that the Option is vested on the date of termination (but in no event
later than the expiration of the term of the Option as set forth in the Award Agreement). In the absence of a specified time in the Award Agreement, the Option shall remain exercisable for three (3) months following the Holder’s
termination. If, on the date of termination, the Holder is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option shall revert to the Plan. If, after termination, the Holder does not exercise his or her
Option within the time specified by the Administrator, the Option shall terminate, and the Shares covered by such Option shall revert to the Plan. 

(iii)    Disability of Optionee. If a Holder ceases to be a Service Provider as a result of the Holder’s
Disability, the Holder may exercise his or her Option within such period of time as is specified in the Award Agreement to the extent the Option is vested on the date of termination (but in no event later than the expiration of the term of such
Option as set forth in the Award Agreement). In the absence of a specified time in the Award Agreement, the Option shall remain exercisable for twelve (12) months following the Holder’s termination. If, on the date of termination, the
Holder is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option shall revert to the Plan. If, after termination, the Holder does not exercise his or her Option within the time specified herein, the
Option shall terminate, and the Shares covered by such Option shall revert to the Plan. 
 (iv)    Death of
Optionee. If a Holder dies while a Service Provider, the Option may be exercised within such period of time as is specified in the Award Agreement, by the Holder’s estate or by a person who acquires the right to exercise the Option by
bequest or inheritance, to the extent that the Option is vested on the date of death (but in no event later than 

  
 10 

 
the expiration of the term of such Option as set forth in the applicable Notice of Grant). In the absence of a specified time in the Award Agreement, the Option shall remain exercisable for
twelve (12) months following the Holder’s termination. If, at the time of death, the Holder is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option shall immediately revert to the Plan. The
Option may be exercised by the executor or administrator of the Holder’s estate or, if none, by the person(s) entitled to exercise the Option under the Holder’s will or the laws of descent or distribution. If the Option is not so exercised
within the time specified herein, the Option shall terminate, and the Shares covered by such Option shall revert to the Plan. 

(e)    Regulatory Extension. A Holder’s Award Agreement may provide that if the exercise of the Option
following the termination of the Holder’s status as a Service Provider (other than upon the Holder’s death or Disability) would be prohibited at any time solely because the issuance of shares would violate the registration requirements
under the Securities Act, then the Option shall terminate on the earlier of (i) the expiration of the term of the Option set forth in Section 7(b) or (ii) the expiration of a period of thirty (30) days after the termination of
the Holder’s status as a Service Provider during which the exercise of the Option would not be in violation of such registration requirements. 

(f)    Early Exercisability. The Administrator may provide in the terms of a Holder’s Award Agreement that the
Holder may, at any time before the Holder’s status as a Service Provider terminates, exercise the Option in whole or in part prior to the full vesting of the Option; provided, however, that Shares acquired upon exercise of an Option which has
not fully vested may be subject to any repurchase, forfeiture, transfer or other restrictions as the Administrator may determine in its sole discretion. 

(g)    Options in Lieu of Compensation. Options may be granted under the Plan to Employees and Consultants in lieu
of cash bonuses which would otherwise be payable to such Employees and Consultants and to Non-Employee Directors in lieu of directors’ fees which would otherwise be payable to such Non-Employee Directors, pursuant to such policies which may be adopted by the Administrator from time to time. 

8.    Restricted Stock Awards. 

(a)    Rights to Purchase. Restricted Stock may be issued to Service Providers either alone, in addition to, or in
tandem with other Awards granted under the Plan and/or cash awards made outside of the Plan. After the Administrator determines that it will offer Restricted Stock under the Plan, it shall advise the offeree in writing or electronically of the
terms, conditions and restrictions related to the offer, including the number of Shares that such person shall be entitled to purchase, the price to be paid, if any, and the time within which such person must accept such offer; provided, however,
that the purchase price shall be no less than the par value of the Common Stock to be purchased, unless otherwise permitted by applicable state law. Restricted Stock may also be awarded in consideration for past services actually rendered to the
Company for its benefit. The offer shall be accepted by execution of an Award Agreement in the form determined by the Administrator. 

(b)    Repurchase Option; Forfeiture. Unless the Administrator determines otherwise, the Award Agreement shall
grant the Company a repurchase option exercisable upon the voluntary or 

  
 11 

 
involuntary termination of the Holder’s service with the Company for any reason (including death or Disability). If no cash consideration was paid by the Holder upon issuance, a
Holder’s rights in unvested Restricted Stock shall be forfeited to the Company, without consideration, upon the voluntary or involuntary termination of the Holder’s service with the Company for any reason (including death or Disability).
The purchase price for Shares repurchased by the Company pursuant to such repurchase right and the rate at which such repurchase right or forfeiture provisions shall lapse shall be determined by the Administrator in its sole discretion, and shall be
set forth in the Award Agreement; provided, however, that by action taken after the Restricted Stock is issued, the Administrator may, on such terms and conditions as it may determine to be appropriate, remove any or all of the restrictions imposed
by the terms of the Award Agreement. Restricted Stock may not be sold or encumbered until all restrictions are terminated or expire. 

(c)    Other Provisions. The Award Agreement shall contain such other terms, provisions and conditions not
inconsistent with the Plan as may be determined by the Administrator in its sole discretion. 
 (d)    Rights as a
Stockholder. Subject to the last sentence of this Section 8(d), once Restricted Stock is issued, the Holder shall have rights equivalent to those of a stockholder, and shall be a stockholder when his or her purchase is entered upon the
records of the duly authorized transfer agent of the Company. No adjustment shall be made for a dividend or other right for which the record date is prior to the date the Restricted Stock is issued, except as provided in Section 13 of the Plan.
In addition, with respect to a share of Restricted Stock, dividends which are paid prior to vesting shall only be paid out to the Holder to the extent that the vesting conditions are subsequently satisfied and the share of Restricted Stock vests.

 9.    Restricted Stock Unit Awards. 

(a)    Grant of Restricted Stock Units. The Administrator is authorized to grant Awards of Restricted Stock Units to
any Service Provider selected by the Administrator in such amounts and subject to such terms and conditions as determined by the Administrator. 

(b)    Purchase Price. The Administrator shall specify the purchase price, if any, to be paid by the Holder to the
Company with respect to any Restricted Stock Unit award; provided, however, that value of the consideration shall not be less than the par value of a Share, unless otherwise permitted by Applicable Law. 

(c)    Vesting of Restricted Stock Units. At the time of grant, the Administrator shall specify the date or dates
on which the Restricted Stock Units shall become fully vested and nonforfeitable, and may specify such conditions to vesting as it deems appropriate, including, without limitation, vesting based upon the Holder’s duration of service to the
Company or any Subsidiary, one or more Performance Criteria, Company performance, individual performance or other specific criteria, in each case on a specified date or dates or over any period or periods, as determined by the Administrator. 

(d)    Maturity and Payment. At the time of grant, the Administrator shall specify the maturity date applicable to
each grant of Restricted Stock Units, which shall be no earlier than the vesting date or dates of the Award and may be determined at the election of the Holder (if permitted 

  
 12 

 
by the applicable Award Agreement); provided, however, that except as otherwise determined by the Administrator, and subject to compliance with Section 409A of the Code, in no event shall
the maturity date relating to each Restricted Stock Unit occur following the later of (i) the 15th day of the third month following the end of calendar year in which the applicable portion of the Restricted Stock Unit vests; or (ii) the
15th day of the third month following the end of the Company’s fiscal year in which the applicable portion of the Restricted Stock Unit vests. On the maturity date, the Company shall, in accordance with the applicable Award Agreement, transfer
to the Holder one unrestricted, fully transferable Share for each Restricted Stock Unit scheduled to be paid out on such date and not previously forfeited, or in the sole discretion of the Administrator, an amount in cash equal to the Fair Market
Value of such Shares on the maturity date or a combination of cash and Common Stock as determined by the Administrator. 

(e)    Payment upon Termination of Service. An Award of Restricted Stock Units shall only be payable while the
Holder is a Service Provider; provided, however, that the Administrator, in its sole discretion, may provide (in an Award Agreement or otherwise) that a Restricted Stock Unit award may be paid subsequent to a termination of the Holder’s
relationship as a Service Provider following a termination of the Holder’s relationship as a Service Provider without cause, or following a Change of Control, or because of the Holder’s retirement, death or Disability, or otherwise. 

10.    Performance Awards, Dividend Equivalents, and Stock Payments. 

(a)    Eligibility. One or more Performance Awards, Dividend Equivalents and/or Stock Payments may be granted to any
Service Provider whom the Administrator determines should receive such an Award. 
 (b)    Performance Awards.

 (i)    Any Service Provider selected by the Administrator may be granted one or more Performance Awards. The value of
such Performance Awards may be linked to any one or more of the Performance Goals or other specific performance goals determined appropriate by the Administrator, in each case on a specified date or dates or over any period or periods determined by
the Administrator. In making such determinations, the Administrator shall consider (among such other factors as it deems relevant in light of the specific type of award) the contributions, responsibilities and other compensation of the particular
Service Provider. 
 (ii)    Without limiting Section 10(b)(i), the Administrator may grant Performance Awards to
any Service Provider in the form of a cash bonus payable upon the attainment of Performance Goals which are established by the Administrator and relate to one or more of the Performance Criteria over a Performance Period determined by the
Administrator. 
 (c)    Dividend Equivalents. 

(i)    Any Service Provider selected by the Administrator may be granted Dividend Equivalents based on the dividends
declared on Common Stock, to be credited as of dividend payment dates, during the period between the date an Award is granted, and the date such Award is exercised, vests or expires, as determined by the Administrator. Such Dividend Equivalents
shall be converted to cash or additional shares of Common Stock by such formula and at such time and subject to such limitations as may be determined by the Administrator. 

  
 13 

 (ii)    Notwithstanding the foregoing, no Dividend Equivalents shall be
payable with respect to Options or Stock Appreciation Rights. 
 (iii)    Notwithstanding any other provision of the
Plan to the contrary, dividends and Dividend Equivalents with respect to an Award that is subject to vesting that are based on dividends paid prior to the vesting of such Award shall only be paid out to the Holder to the extent that the vesting
conditions are subsequently satisfied and the Award vests. 
 (d)    Stock Payments. Any Service Provider
selected by the Administrator may receive Stock Payments in the manner determined from time to time by the Administrator. The number of shares shall be determined by the Administrator and may be based upon the Performance Criteria or other specific
performance criteria determined appropriate by the Administrator, determined on the date such Stock Payment is made or on any date thereafter. 

(e)    Term. The term of a Performance Award, Dividend Equivalent and/or Stock Payment, if any, shall be set by the
Administrator in its discretion. 
 (f)    Purchase Price. The Administrator may establish the purchase price, if
any, of a Performance Award or shares received as a Stock Payment; provided, however, that such price shall not be less than the par value of a share of Common Stock, unless otherwise permitted by Applicable Law. 

(g)    Exercise Upon Termination of Relationship as a Service Provider. A Performance Award, Dividend Equivalent
and/or Stock Payment is exercisable or payable only while the Holder is a Service Provider, as applicable; provided, however, that the Administrator in its sole and absolute discretion may provide that the Performance Award, Dividend Equivalent
and/or Stock Payment may be exercised or paid subsequent to a termination of the Holder’s relationship as a Service Provider following a termination of the Holder’s relationship as a Service Provider without cause, or following a Change of
Control, or because of the Holder’s retirement, death or Disability, or otherwise. 
 (h)    Form of
Payment. Payment of the amount determined under Section 10(b) or 10(c) above shall be in cash, in Common Stock or a combination of both, as determined by the Administrator. To the extent any payment under this Section 10 is effected in
Common Stock, it shall be made subject to satisfaction of all provisions of Section 16. 
 11.    Stock
Appreciation Rights. 
 (a)    Grant of Stock Appreciation Rights. A Stock Appreciation Right may be granted
to any Service Provider selected by the Administrator. A Stock Appreciation Right shall be subject to such terms and conditions not inconsistent with the Plan as the Administrator shall impose and shall be evidenced by an Award Agreement. 

(b)    Term; Exercise Price. A Stock Appreciation Right shall have a term set by the Administrator; provided,
however, that the term of a Stock Appreciation Right shall be no more 

  
 14 

 
than ten (10) years. A Stock Appreciation Right shall be exercisable in such installments as the Administrator may determine. A Stock Appreciation Right shall cover such number of shares of
Common Stock as the Administrator may determine. The exercise price per share of Common Stock subject to each Stock Appreciation Right shall be set by the Administrator; provided, however, that the per share exercise price of a Stock Appreciation
Right shall be no less than one hundred percent (100%) of the Fair Market Value per Share on the date of grant of such Stock Appreciation Right. A Stock Appreciation Right is exercisable only while the Holder is a Service Provider; provided,
however, that the Administrator may determine that the Stock Appreciation Right may be exercised subsequent to termination of the Holder’s relationship as a Service Provider without cause, or following a Change of Control, or because of the
Holder’s retirement, death or Disability, or otherwise. 
 (c)    Entitlement Upon Exercise. A Stock
Appreciation Right shall entitle the Holder (or other person entitled to exercise the Stock Appreciation Right pursuant to the Plan) to exercise all or a specified portion of the Stock Appreciation Right (to the extent then exercisable pursuant to
its terms) and to receive from the Company an amount determined by multiplying the difference obtained by subtracting the exercise price per share of the Stock Appreciation Right from the Fair Market Value of a share of Common Stock on the date of
exercise of the Stock Appreciation Right by the number of shares of Common Stock with respect to which the Stock Appreciation Right shall have been exercised, subject to any limitations the Administrator may impose. 

(d)    Payment and Limitations on Exercise. 

(i)    Payment of the amounts determined under Section 11(c) above shall be in cash, in Common Stock (based on its
Fair Market Value as of the date the Stock Appreciation Right is exercised) or a combination of both, as determined by the Administrator. To the extent such payment is effected in Common Stock it shall be made subject to satisfaction of all
provisions of Section 16. 
 (ii)    Holders of Stock Appreciation Rights may be required to comply with any
timing or other restrictions with respect to the settlement or exercise of a Stock Appreciation Right, including a window-period limitation, as may be imposed in the discretion of the Administrator. 

12.    Non-Transferability of Awards. 

(a)    No Award under the Plan may be sold, pledged, assigned hypothecated, transferred, or disposed of in any manner other
than by will or the laws of descent and distribution or, subject to the consent of the Administrator, pursuant to a DRO, unless and until such Award has been exercised, or the Shares underlying such Award have been issued, and all restrictions
applicable to such shares have lapsed. 
 (b)    During the lifetime of the Holder, only he or she may exercise an Award
(or any portion thereof) granted to him or her under the Plan, unless it has been disposed of with the consent of the Administrator pursuant to a DRO. After the death of the Holder, any exercisable portion of an Award may, prior to the time when
such portion becomes unexercisable under the Plan or the applicable Award Agreement, be exercised by his or her personal representative or by any person empowered to do so under the deceased Holder’s will or under the then applicable laws of
descent and distribution. 

  
 15 

 13.    Adjustments Upon Changes in Capitalization, Merger or Asset
Sale. 
 (a)    Subject to Section 13(e), in the event that the Administrator determines that any dividend or
other distribution (whether in the form of cash, Common Stock, other securities, or other property), recapitalization, reclassification, stock split, reverse stock split, reorganization, merger, consolidation,
split-up, spin-off, combination, repurchase, liquidation, dissolution, or sale, transfer, exchange or other disposition of all or substantially all of the assets of the
Company, or exchange of Common Stock or other securities of the Company, issuance of warrants or other rights to purchase Common Stock or other securities of the Company, or other similar corporate transaction or event, in the Administrator’s
sole discretion, affects the Common Stock (other than an Equity Restructuring) such that an adjustment is determined by the Administrator to be appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended by
the Company to be made available under the Plan or with respect to any Award, then the Administrator shall, in such manner as it may deem equitable, adjust any or all of: 

(i)    the number and kind of shares of Common Stock (or other securities or property) with respect to which Awards may
be granted or awarded (including, but not limited to, adjustments of the limitations in Section 3 on the maximum number and kind of shares which may be issued and adjustments to the Award Limits); 

(ii)    the number and kind of shares of Common Stock (or other securities or property) subject to outstanding Awards;
and 
 (iii)    the grant or exercise price with respect to any Award. 

(b)    Subject to Sections 13(d) and (e), in the event of any transaction or event described in Section 13(a), the
Administrator, in its sole discretion, and on such terms and conditions as it deems appropriate, either by the terms of the Award or by action taken prior to the occurrence of such transaction or event and either automatically or upon the
Holder’s request, is hereby authorized to take any one or more of the following actions whenever the Administrator determines that such action is appropriate in order to prevent dilution or enlargement of the benefits or potential benefits
intended by the Company to be made available under the Plan or with respect to any Award granted or issued under the Plan or to facilitate such transaction or event: 

(i)    To provide for either the purchase of any such Award for an amount of cash equal to the amount that could have
been obtained upon the exercise of such Award or realization of the Holder’s rights had such Award been currently exercisable or payable or fully vested or the replacement of such Award with other rights or property selected by the
Administrator in its sole discretion; 
 (ii)    To provide that such Award shall be exercisable as to all shares
covered thereby, notwithstanding anything to the contrary in the Plan or the provisions of such Award; 
 (iii)    To
provide that such Award be assumed by the successor or survivor corporation, or a parent or subsidiary thereof, or shall be substituted for by similar options, rights or awards covering the stock of the successor or survivor corporation, or a parent
or subsidiary thereof, with appropriate adjustments as to the number and kind of shares and prices; 

  
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 (iv)    To make adjustments in the number and type of shares of Common
Stock (or other securities or property) subject to outstanding Awards, and/or in the terms and conditions of (including the grant or exercise price), and the criteria included in, outstanding Awards or Awards which may be granted in the future; and

 (v)    To provide that immediately upon the consummation of such event, such Award shall not be exercisable and
shall terminate; provided, however, that for a specified period of time prior to such event, such Award shall be exercisable as to all Shares covered thereby, and the restrictions imposed under an Award Agreement upon some or all Shares may be
terminated. 
 (c)    Subject to Section 3, the Administrator may, in its sole discretion, include such further
provisions and limitations in any Award Agreement or certificate, as it may deem equitable and in the best interests of the Company. 

(d)    In the event of a Change of Control, then each outstanding Award shall be assumed or an equivalent Award or right
substituted by the successor corporation or a Parent or Subsidiary of the successor corporation. In the event that the successor corporation or a Parent or a Subsidiary of the successor corporation refuses to assume or substitute for each
outstanding Award, the Holders shall fully vest in and have the right to exercise, if applicable, each outstanding Award as to all of the Shares covered thereby, including Shares as to which would not otherwise be vested and/or exercisable and/or
payable. If an Award becomes fully vested and/or exercisable and/or payable in lieu of assumption or substitution in the event of a Change of Control, the Administrator shall notify all Holders that all outstanding Awards shall be fully vested
and/or exercisable and/or payable for a period of at least fifteen (15) days prior to the closing of the Change of Control (or such other period as determined by the Administrator), and any Awards that are not exercised, if applicable, within
such period shall terminate immediately prior to the Change of Control. For the purposes of this paragraph, an outstanding Award shall be considered assumed if, following the consummation of the Change of Control, the Award confers the right to
purchase or receive, for each Share subject to the Award immediately prior to the consummation of the Change of Control, the consideration (whether stock, cash, or other securities property) received in the Change of Control by holders of Common
Stock for each Share held on the effective date of the transaction (and if holders were offered a choice of consideration, the type chosen by the holders of a majority of the outstanding Shares); provided, however, that if such consideration
received in the Change of Control is not solely common stock of the successor corporation or its Parent, the Administrator may, with the consent of the successor corporation, provide for the consideration to be received upon the exercise or payment
of the Award, for each Share subject to the Award, to be solely common stock of the successor corporation or its Parent or Subsidiary equal in fair market value to the per share consideration received by holders of Common Stock in the Change of
Control. 
 (e)    In connection with the occurrence of any Equity Restructuring, and notwithstanding anything to the
contrary in Sections 13(a) and 13(b): 
 (i)    The number and type of securities subject to each outstanding Award and
the exercise price or grant price thereof, if applicable, shall be equitably adjusted. The adjustments provided under this Section 13(e) shall be nondiscretionary and shall be final and binding on the affected Holder and the Company. 

  
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 (ii)    The Administrator shall make such equitable adjustments, if
any, as the Administrator may deem appropriate to reflect such Equity Restructuring with respect to the aggregate number and kind of shares that may be issued under the Plan (including, but not limited to, adjustments of the limitations in
Section 3 on the maximum number and kind of shares which may be issued under the Plan and adjustments to the Award Limits in Section 5(c)). 

14.    Time of Granting Options. The date of grant of an Award shall, for all purposes, be the date on which the
Administrator makes the determination granting such Option, or such other date as is determined by the Administrator. Notice of the determination shall be given to each Service Provider to whom an Award is so granted within a reasonable time after
the date of such grant. 
 15.    Amendment and Termination of the Plan. 

(a)    Amendment and Termination. The Board may at any time amend, alter, suspend or terminate the Plan. 

(b)    Stockholder Approval. Without approval of the Company’s stockholders given within twelve
(12) months before or after the action by the Administrator, no action of the Administrator may, except as provided in Section 13, (a) increase the limits imposed in Section 3(a) on the maximum number of Shares which may be issued
under the Plan or the individual Award Limits imposed in Section 5(c), (b) reduce the price per share of any outstanding Option or Stock Appreciation Right granted under the Plan or take any action prohibited under Section 23, (c) cancel
any Option or Stock Appreciation Right in exchange for cash or another Award in violation of Section 23, or (d) amend the Plan in any manner that requires stockholder approval under Applicable Laws. 

(c)    Effect of Amendment or Termination. No amendment alteration, suspension or termination of the Plan shall
impair the rights of any Holder, including any amendment effected pursuant to this amendment and restatement of the Plan, unless mutually agreed otherwise between the Holder and the Administrator, which agreement must be in writing and signed by the
Holder and the Company. Termination of the Plan shall not affect the Administrator’s ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. 

16.    Conditions Upon Issuance of Shares. 

(a)    Legal Compliance. Shares shall not be issued pursuant to the exercise of an Award unless the exercise of such
Award and the issuance and delivery of such Shares shall comply with Applicable Laws and shall be further subject to the approval of counsel for the Company with respect to such compliance. 

(b)    Investment Representations. As a condition to the exercise of an Award, the Administrator may require the
person exercising such Award to represent and warrant at the time of any such exercise that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the
Company, such a representation is required. 

  
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 (c)    Consideration. The Administrator shall determine the
methods by which payments by any Holder with respect to Awards granted under the Plan shall be made, including, without limitation: (i) cash, (ii) check, (iii) with the consent of the Administrator, a full recourse promissory note bearing
interest (at no less than such rate as is a market rate of interest and which then precludes the imputation of interest under the Code) and payable upon such terms as may be prescribed by the Administrator, (iv) with the consent of the
Administrator, other Shares which (A) in the case of Shares acquired from the Company, have been owned by the Holder for the requisite period necessary to avoid a charge to the Company’s earnings for financial reporting purposes, on the
date of surrender, and (B) have a Fair Market Value on the date of surrender equal to the payments required, (v) with the consent of the Administrator, in the case of payment of the exercise price of an Award, Shares issuable pursuant to
the exercise of the Award, (vi) with the consent of the Administrator, delivery of a notice that the Holder has placed a market sell order with a broker with respect to Shares then issuable upon exercise of the Awards and that the broker has
been directed to pay a sufficient portion of the net proceeds of the sale to the Company in satisfaction of the Award exercise price, provided that payment of such proceeds is then made to the Company upon settlement of such sale, or (vii) any
combination of the foregoing methods of payment. In making its determination as to the type of consideration to accept, the Administrator shall consider if acceptance of such consideration may be reasonably expected to benefit the Company. In the
case of a promissory note, the Administrator may also prescribe the form of such note and the security to be given for such note. The Award may not be exercised, however, by delivery of a promissory note or by a loan from the Company when or where
such loan or other extension of credit is prohibited by law, and payment in the manner prescribed by the preceding sentences shall not be permitted to the extent that the Administrator determines that payment in such manner may result in an
extension or maintenance of credit, an arrangement for the extension of credit, or a renewal of an extension of credit in the form of a personal loan to or for any Director or executive officer of the Company that is prohibited by Section 13(k)
of the Exchange Act or other Applicable Law. 
 (d)    Tax Withholding. The Company shall be entitled to require
payment in cash or deduction from other compensation payable to each Holder of any sums required by federal, state or local tax law to be withheld with respect to the issuance, vesting, exercise or payment of any Award or any other taxable event
related to an Award. The Administrator may in its discretion and in satisfaction of the foregoing requirement allow such Holder to satisfy such obligations by any payment means described in Section 16(c) hereof, including, without limitation,
by allowing such Holder to elect to have the Company withhold shares of Common Stock otherwise issuable under such Award (or allow the return of shares of Common Stock) having a fair market value equal to the sums required to be withheld.
Notwithstanding any other provision of the Plan, the number of shares of Common Stock which may be so withheld or returned shall be limited to the number of shares which have a fair market value on the date of withholding or return no greater than
the aggregate amount of such liabilities based on the minimum statutory withholding rates for federal and state tax income and payroll tax purposes that are applicable to such supplemental taxable income (or, to the extent provided by the
Administrator, such higher withholding rate that is in no event greater than the maximum individual statutory tax rate in the applicable jurisdiction at the time of such withholding (or such other rate as may be required to avoid the liability

  
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classification of the applicable award under generally accepted accounting principles in the United States of America)); provided, however, to the extent such shares were acquired by the Holder
from the Company as compensation, the shares must have been held for the minimum period required by applicable accounting rules to avoid a charge to the Company’s earnings for financial reporting purposes; provided, further, that any such
shares withheld or returned shall be rounded up to the nearest whole share of Common Stock to the extent rounding up to the nearest whole share does not result in the liability classification of the applicable Award under generally accepted
accounting principles in the United States of America. The Administrator shall determine the fair market value of the Shares, consistent with applicable provisions of the Code, for tax withholding obligations due in connection with a broker-assisted
cashless Option or Stock Appreciation Right exercise involving the sale of Shares to pay the Option or Stock Appreciation Right exercise price or any tax withholding obligation. 

17.    Loans. The Administrator may, in its discretion, extend one or more loans to Service Providers in connection
with the exercise or receipt of an Award granted or awarded under the Plan. The terms and conditions of any such loan shall be set by the Administrator. Notwithstanding the foregoing, no loan shall be made under this Section 17 to the extent
such loan shall result in an extension or maintenance of credit, an arrangement for the extension of credit, or a renewal of an extension of credit in the form of a personal loan to or for any Director or executive officer of the Company that is
prohibited by Section 13(k) of the Exchange Act or other Applicable Law. In the event that the Administrator determines in its discretion that any loan under this Section 17 may be or will become prohibited by Section 13(k) of
the Exchange Act or other Applicable Law, the Administrator may provide that such loan shall be immediately due and payable in full and may take any other action in connection with such loan as the Administrator determines in its discretion to be
necessary or appropriate for the repayment, cancellation or extinguishment of such loan. 
 18.    Section 16.
Notwithstanding any other provision of the Plan, the Plan, and any Award granted or awarded to any individual who is then subject to Section 16 of the Exchange Act, shall be subject to any additional limitations set forth in any applicable
exemptive rule under Section 16 of the Exchange Act (including any amendment to Rule 16b-3 of the Exchange Act) that are requirements for the application of such exemptive rule. To the extent permitted by
Applicable Law, the Plan and Awards granted or awarded hereunder shall be deemed amended to the extent necessary to conform to such applicable exemptive rule. 

19.    Inability to Obtain Authority. The inability of the Company to obtain authority from any regulatory body
having jurisdiction, which authority is deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Company of any liability in respect of the failure to issue or sell such Shares
as to which such requisite authority shall not have been obtained. 
 20.    Reservation of Shares. The Company,
during the term of this Plan, shall at all times reserve and keep available such number of Shares as shall be sufficient to satisfy the requirements of the Plan. 

21.    Stockholder Approval. This Plan shall be subject to approval by the stockholders of the Company within
twelve (12) months after the date the Plan is approved by the Board and the “Effective Date” of this Plan shall be the date of such stockholder approval. Such stockholder approval shall be obtained in the degree and manner required
under Applicable Laws. 

  
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 22.    Forfeiture and Claw-Back Provisions. Pursuant to its
general authority to determine the terms and conditions applicable to Awards under the Plan, the Administrator shall have the right to provide, in an Award Agreement or otherwise, or to require a Holder to agree by separate written or electronic
instrument, that: 
 (a)     (i) Any proceeds, gains or other economic benefit actually or constructively received by
the Holder upon any receipt or exercise of the Award, or upon the receipt or resale of any Shares underlying the Award, shall be paid to the Company, and (ii) the Award shall terminate and any unexercised portion of the Award (whether or not
vested) shall be forfeited, if (x) the Holder at any time, or during a specified time period, engages in any activity in competition with the Company, or which is inimical, contrary or harmful to the interests of the Company, as further defined
by the Administrator or (y) the Holder incurs a termination of service for cause; and 
 (b)    All Awards
(including any proceeds, gains or other economic benefit actually or constructively received by the Holder upon any receipt or exercise of any Award or upon the receipt or resale of any Shares underlying the Award) shall be subject to the provisions
of any claw-back policy implemented by the Company, including, without limitation, any claw-back policy adopted to comply with the requirements of Applicable Law, including without limitation, the Dodd-Frank Wall Street Reform and Consumer
Protection Act and any rules or regulations promulgated thereunder, to the extent set forth in such claw-back policy and/or in the applicable Award Agreement. 

23.    Prohibition on Repricing. Subject to Section 13, the Administrator shall not, without the approval of
the stockholders of the Company, (a) authorize the amendment of any outstanding Option or Stock Appreciation Right to reduce its price per share, or (b) cancel any Option or Stock Appreciation Right in exchange for cash or another Award
when the Option or Stock Appreciation Right price per share exceeds the Fair Market Value of the underlying Shares. Subject to Section 13, the Administrator shall have the authority, without the approval of the stockholders of the Company, to
amend any outstanding Award to increase the price per share or to cancel and replace an Award with the grant of an Award having a price per share that is greater than or equal to the price per share of the original Award. Furthermore, for purposes
of this Section 23, except in connection with a corporate transaction involving the Company (including, without limitation, any stock dividend, stock split, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation, split-up, spin-off, combination or exchange of shares), the terms of outstanding Awards may not be amended to reduce the exercise price per share of outstanding Options or
Stock Appreciation Rights or cancel outstanding Options or Stock Appreciation Rights in exchange for cash, other Awards or Options or Stock Appreciation Rights with an exercise price per share that is less than the exercise price per share of the
original Options or Stock Appreciation Rights without the approval of the stockholders of the Company. 

24.    Governing Law. The validity and enforceability of this Plan shall be governed by and construed in accordance
with the laws of the State of Delaware without regard to otherwise governing principles of conflicts of law. 

  
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 25.    Section 409A. To the extent that the Administrator
determines that any Award granted under the Plan is subject to Section 409A of the Code, the Award Agreement evidencing such Award shall incorporate the terms and conditions required by Section 409A of the Code. To the extent applicable,
the Plan and Award Agreements shall be interpreted in accordance with Section 409A of the Code and Department of Treasury regulations and other interpretive guidance issued thereunder, including without limitation any such regulations or other
guidance that may be issued after the Effective Date. Notwithstanding any provision of the Plan to the contrary, in the event that following the Effective Date the Administrator determines that any Award may be subject to Section 409A of the
Code and related Department of Treasury guidance (including such Department of Treasury guidance as may be issued after the Effective Date), the Administrator may adopt such amendments to the Plan and the applicable Award Agreement or adopt other
policies and procedures (including amendments, policies and procedures with retroactive effect), or take any other actions, that the Administrator determines are necessary or appropriate to (a) exempt the Award from Section 409A of the
Code and/or preserve the intended tax treatment of the benefits provided with respect to the Award, or (b) comply with the requirements of Section 409A of the Code and related Department of Treasury guidance. 

  
 22

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