Document:

EX-10.9

 Exhibit 10.9 

PALANTIR TECHNOLOGIES 

EMPLOYEE INCENTIVE COMPENSATION PLAN 

1. Purposes of the Plan. The Plan is intended to increase stockholder value and the success of the Company by motivating Employees to
(a) perform to the best of their abilities and (b) achieve the Company’s objectives. 
 2. Definitions. 

2.1 “Actual Award” means as to any Performance Period, the actual award (if any) payable to a Participant for the Performance
Period, subject to the authority of the Administrator (as defined in Section 3) under Section 4.4. 
 2.2
“Administrator” has the meaning ascribed to it under Section 3.1. 
 2.3 “Affiliate” means any
corporation or other entity (including, but not limited to, partnerships and joint ventures) that, from time to time and at the time of any determination, directly or indirectly, is in control of or is controlled by the Company. 

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

2.5 “Bonus Pool” means the pool of funds available for distribution to Participants. Subject to the terms of the Plan, the
Administrator establishes the Bonus Pool for each Performance Period. 
 2.6 “Code” means the U.S. Internal Revenue Code
of 1986, as amended. Reference to a specific section of the Code or regulation thereunder will include such section or regulation, any valid regulation or formal guidance of general or direct applicability promulgated under such section or
regulation, and any comparable provision of any future legislation or regulation amending, supplementing or superseding such section or regulation. 

2.7 “Committee” means a committee appointed by the Board (pursuant to Section 3) to administer the Plan. 

2.8 “Company” means Palantir Technologies Inc., a Delaware corporation, or any successor thereto. 

2.9 “Company Group” means the Company and any Parents, Subsidiaries, and Affiliates. 

2.10 “Disability” means a permanent and total disability determined in accordance with uniform and nondiscriminatory standards
adopted by the Administrator from time to time. 
 2.11 “Employee” means any executive, officer, or other employee of the
Company Group, whether such individual is so employed at the time the Plan is adopted or becomes so employed subsequent to the adoption of the Plan. 

 2.12 “Fiscal Year” means the fiscal year of the Company. 

2.13 “Parent” means a “parent corporation,” whether now or hereafter existing, as defined in Code
Section 424(e). 
 2.14 “Participant” means as to any Performance Period, an Employee who has been selected by the
Administrator for participation in the Plan for that Performance Period and who has, if so requested by the Company or the employing member of the Company Group, signed an acknowledgement form in the form provided by the Company Group. 

2.15 “Performance Period” means the period of time for the measurement of the performance criteria that must be met to receive
an Actual Award, as determined by the Administrator. A Performance Period may be divided into one or more shorter periods if, for example, but not by way of limitation, the Administrator desires to measure some performance criteria over twelve
(12) months and other criteria over three (3) months. 
 2.16 “Plan” means this Employee Incentive Compensation
Plan (including any appendix attached hereto), as may be amended from time to time. 
 2.17
“Section 409A” means Section 409A of the Code and/or any state law equivalent as each may be amended or promulgated from time to time. 

2.18 “Subsidiary” means a “subsidiary corporation,” whether now or hereafter existing, as defined in Code
Section 424(f), in relation to the Company. 
 2.19 “Target Award” means the target award, at 100% of target level
performance achievement, payable under the Plan to a Participant for a Performance Period, as determined by the Administrator in accordance with Section 4.2. 

2.20 “Tax Withholdings” means tax, social insurance and social security liability or premium obligations in connection with
the awards under the Plan, including without limitation: (a) all federal, state, and local income, employment and any other taxes (including the Participant’s U.S. Federal Insurance Contributions Act (FICA) obligation) that are required to
be withheld by the Company Group, (b) the Participant’s and, to the extent required by the Company Group, the fringe benefit tax liability of the Company Group associated with an award under the Plan, and (c) any other taxes or social
insurance or social security liabilities or premium the responsibility for which the Participant has, or has agreed to bear, with respect to such award under the Plan. 

2.21 “Termination of Employment” means a cessation of the employee-employer relationship between an Employee and the Company
Group, including without limitation a termination by resignation, discharge, death, Disability, retirement, or the disaffiliation of a Parent, Subsidiary or Affiliate. For purposes of the Plan, transfer of employment of a Participant between any
members of the Company Group (for example, between the Company and a Subsidiary) will not be deemed a Termination of Employment. 

  
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 3. Administration of the Plan. 

3.1 Administrator. The Plan will be administered by the Board or a Committee (the “Administrator”). The members of any
Committee will be appointed from time to time in a manner that satisfies applicable laws by, and serve at the pleasure of, the Board. The Board may retain the authority to administer the Plan concurrently with a Committee and may revoke the
delegation of some or all authority previously delegated. Different Administrators may administer the Plan with respect to different groups of Employees. Unless and until the Board otherwise determines, the Board’s Compensation,
Nominating & Governance Committee will administer the Plan. 
 3.2 Administrator Authority. It will be the duty of the
Administrator to administer the Plan in accordance with the Plan’s provisions and in accordance with applicable law. The Administrator will have all powers and discretion necessary or appropriate to administer the Plan and to control its
operation, including, but not limited to, the power to (a) determine which Employees will be granted awards, (b) prescribe the terms and conditions of awards, (c) interpret the Plan and the awards, (d) adopt such procedures,
appendices and sub-plans as are necessary or appropriate to permit participation in the Plan by Employees who are non-U.S. nationals or employed outside of the U.S. or
to qualify awards for special tax treatment under the laws of jurisdictions other than the U.S., (e) adopt rules for the administration, interpretation and application of the Plan as are consistent therewith, and (f) interpret, amend or
revoke any such rules. Any determinations and decisions made or to be made by the Administrator pursuant to the provisions of the Plan, unless specified otherwise by the Administrator, will be in the Administrator’s sole discretion. 

3.3 Decisions Binding. All determinations and decisions made by the Administrator and/or any delegate of the Administrator pursuant to
the provisions of the Plan will be final, conclusive, and binding on all persons, and will be given the maximum deference permitted by law. 

3.4 Delegation by Administrator. The Administrator, on such terms and conditions as it may provide, may delegate all or part of its
authority and powers under the Plan to one or more directors and/or officers of the Company. Such delegation may be revoked at any time. 

3.5 Indemnification. Each person who is or will have been a member of the Administrator will be indemnified and held harmless by the
Company against and from (a) any loss, cost, liability, or expense that may be imposed upon or reasonably incurred by him or her in connection with or resulting from any claim, action, suit, or proceeding to which he or she may be a party or in
which he or she may be involved by reason of any action taken or failure to act under the Plan or any award, and (b) from any and all amounts paid by him or her in settlement thereof, with the Company’s approval, or paid by him or her in
satisfaction of any judgment in any such claim, action, suit, or proceeding against him or her, provided he or she will give the Company an opportunity, at its own expense, to handle and defend the same before he or she undertakes to handle and
defend it on his or her own behalf. The foregoing right of indemnification will not be exclusive of any other rights of indemnification to which such persons may be entitled under the Company’s Certificate of Incorporation or Bylaws, by
contract, as a matter of law, or otherwise, or under any power that the Company may have to indemnify them or hold them harmless. 

  
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 4. Selection of Participants and Determination of Awards. 

4.1 Selection of Participants. The Administrator will select the Employees who will be Participants for any Performance Period.
Participation in the Plan will be on a Performance Period by Performance Period basis. Accordingly, an Employee who is a Participant for a given Performance Period in no way is guaranteed or assured of being selected for participation in any
subsequent Performance Period or Performance Periods. No Employee will have the right to be selected to receive an award under this Plan or, if so selected, to be selected to receive a future award. 

4.2 Determination of Target Awards. The Administrator may establish a Target Award for each Participant (which may be expressed as a
percentage of a Participant’s average annual base salary for the Performance Period or a fixed dollar amount or such other amount or based on such other formula or factors as the Administrator determines). 

4.3 Bonus Pool. Each Performance Period, the Administrator may establish a Bonus Pool, which pool may be established before, during or
after the applicable Performance Period. Actual Awards will be paid from the Bonus Pool, if a Bonus Pool has been established. 
 4.4
Discretion to Modify Awards. Notwithstanding any contrary provision of the Plan, the Administrator, at any time prior to payment of an Actual Award, may: (a) increase, reduce or eliminate a Participant’s Actual Award, and/or
(b) increase, reduce or eliminate the amount allocated to the Bonus Pool. The Actual Award may be below, at or above the Target Award, as determined by the Administrator. The Administrator may determine the amount of any increase, reduction, or
elimination based on such factors as it deems relevant, and will not be required to establish any allocation or weighting with respect to the factors it considers. 

4.5 Discretion to Determine Criteria. Notwithstanding any contrary provision of the Plan, the Administrator will determine the
performance goals, if any, applicable to any Target Award (or portion thereof) which may include, without limitation, goals related to: attainment of research and development milestones; sales bookings; business divestitures and acquisitions;
capital raising; cash flow; cash position; contract awards or backlog; corporate transactions; customer renewals; customer retention rates from an acquired company, subsidiary, business unit or division; earnings (which may include any calculation
of earnings, including but not limited to earnings before interest and taxes, earnings before taxes, earnings before interest, taxes, depreciation and amortization and net taxes); earnings per share; expenses; financial milestones; gross margin;
growth in stockholder value relative to the moving average of the S&P 500 Index or another index; internal rate of return; leadership development or succession planning; license or research collaboration arrangements; market share; net income;
net profit; net sales; new product or business development; new product invention or innovation; number of customers; operating cash flow; operating expenses; operating income; operating margin; overhead or other expense reduction; patents;
procurement; product defect measures; product release timelines; productivity; profit; regulatory milestones or regulatory-related goals; retained earnings; return on assets; return on capital; return on equity; return on investment; return on
sales; revenue; revenue 

  
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growth; sales results; sales growth; savings; stock price; time to market; total stockholder return; working capital; unadjusted or adjusted actual contract value; unadjusted or adjusted total
contract value; and individual objectives such as peer reviews or other subjective or objective criteria. As determined by the Administrator, the performance goals may be based on U.S. generally accepted accounting principles
(“GAAP”) or non-GAAP results and any actual results may be adjusted by the Administrator for one-time items or unbudgeted or unexpected items and/or
payments of Actual Awards under the Plan when determining whether the performance goals have been met. The performance goals may be based on any factors the Administrator determines relevant, including without limitation on an individual,
divisional, portfolio, project, business unit, segment or Company-wide basis. Any criteria used may be measured on such basis as the Administrator determines, including without limitation: (a) in absolute terms, (b) in combination with
another performance goal or goals (for example, but not by way of limitation, as a ratio or matrix), (c) in relative terms (including, but not limited to, results for other periods, passage of time and/or against another company or companies or
an index or indices), (d) on a per-share basis, (e) against the performance of the Company as a whole or a segment of the Company and/or (f) on a pre-tax
or after-tax basis. The performance goals may differ from Participant to Participant and from award to award. Failure to meet the applicable performance goals will result in a failure to earn the Target Award,
except as provided in Section 4.4. The Administrator also may determine that a Target Award (or portion thereof) will not have a performance goal associated with it but instead will be granted (if at all) as determined by the Administrator.

 4.6 Appendices and Sub-Plan. The Administrator may determine, at any time prior to payment
of an Actual Award, that any Target Award or Actual Award (or portion thereof) are subject to any special provisions set forth in a country-specific appendix (or portion thereof) or sub-plan made available to
the Participant in connection with this Award Agreement (as may be amended and/or restated from time to time) (collectively, an “Applicable Appendix”). If the Administrator determines that an Applicable Appendix applies, such terms
and conditions supplement, amend and/or supersede the terms of this Plan, provided, however, that no such terms or conditions shall be effective with respect to a Participant who is a U.S. taxpayer or otherwise subject to
Section 409A unless such terms and conditions would result in the terms of a Target Award or Actual Award to such Participant remaining exempt or excepted from the requirements of Section 409A pursuant to the “short-term
deferral” exception or another exception or exemption under Section 409A, or otherwise complying with Section 409A, in each case such that none of this Plan or Actual Awards provided under this Plan to such Participant will be subject
to the additional tax imposed under Section 409A. 
 5. Payment of Awards. 

5.1 Right to Receive Payment. Each Actual Award will be paid solely from the general assets of the Company Group. Nothing in this Plan
will be construed to create a trust or to establish or evidence any Participant’s claim of any right other than as an unsecured general creditor with respect to any payment to which the Participant may be entitled. 

5.1 Timing of Payment. Payment of each Actual Award will be made as soon as practicable after the end of the Performance Period to which
the Actual Award relates and after the Actual Award is approved by the Administrator, but in no event after the later of (a) the fifteenth (15th) day of the third (3rd) month of the Fiscal Year immediately following the Fiscal 

  
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Year in which the Participant’s Actual Award first becomes no longer subject to a substantial risk of forfeiture, and (b) March 15 of the calendar year immediately following the
calendar year in which the Participant’s Actual Award first becomes no longer subject to a substantial risk of forfeiture. Unless otherwise determined by the Administrator, to earn an Actual Award a Participant must be employed by the Company
Group on the date the Actual Award is paid, and in all cases subject to the Administrator’s discretion pursuant to Section 4.4. 

5.2 Form of Payment. Subject to the terms of this Plan, including Section 6.1.2, each Actual Award generally will be paid in cash
(or its equivalent) in a single lump sum. The Administrator reserves the right to settle an Actual Award with a grant of an equity award with such terms and conditions, including any vesting requirements, as determined by the Administrator. 

5.3 Payment in the Event of Death or Disability. If a Termination of Employment occurs due to a Participant’s death or Disability
prior to payment of an Actual Award that the Administrator has determined will be paid for a prior Performance Period, then the Actual Award will be paid to the Participant or the Participant’s estate, as the case may be, subject to the
Administrator’s discretion pursuant to Section 4.4. 
 6. General Provisions. 

6.1 Tax Matters. 
 6.1.1
Section 409A. It is the intent that this Plan be exempt from or comply with the requirements of Section 409A so that none of the payments to be provided hereunder will be subject to the additional tax imposed under
Section 409A, and any ambiguities or ambiguous terms will be interpreted to be so exempt or so comply. Each payment under this Plan is intended to constitute a separate payment for purposes of Treasury Regulations
Section 1.409A-2(b)(2). In no event will the Company Group have any liability, obligation, or responsibility to reimburse, indemnify or hold harmless any Participant or other Employee for any taxes,
penalties or interest imposed, or other costs incurred, as a result of Section 409A. 
 6.1.2 Tax Withholdings. The Company
Group will have the right and authority to deduct from any Actual Award all applicable Tax Withholdings. Prior to the payment of an Actual Award or such earlier time as any Tax Withholdings are due, the Company Group is permitted to deduct or
withhold, or require a Participant to remit to the Company Group, an amount sufficient to satisfy any Tax Withholdings with respect to such Actual Award. 

6.2 No Effect on Employment or Service. Neither the Plan nor any award under the Plan will confer upon a Participant any right regarding
continuing the Participant’s relationship as an Employee or other service provider to the Company Group, nor will they interfere with or limit in any way the right of the Company Group or the Participant to terminate such relationship at any
time, with or without cause, to the extent permitted by applicable laws. 

  
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 6.3 Forfeiture Events. 

6.3.1 Clawback Policy; Applicable Laws. All awards under the Plan will be subject to reduction, cancellation, forfeiture, or recoupment
in accordance with any clawback policy that the Company Group is required to adopt pursuant to the listing standards of any national securities exchange or association on which the Company’s securities are listed or as is otherwise required by
the Dodd-Frank Wall Street Reform and Consumer Protection Act or other applicable laws. In addition, the Administrator may impose such other clawback, recovery or recoupment provisions with respect to an award under the Plan as the Administrator
determines necessary or appropriate, including without limitation a reacquisition right in respect of previously acquired cash, stock, or other property provided with respect to an award. Unless this Section 6.3.1 is specifically mentioned and
waived in a written agreement between a Participant and a member of the Company Group or other document, no recovery of compensation under a clawback policy will give the Participant the right to resign for “good reason” or
“constructive termination” (or similar term) under any agreement with a member of the Company Group. 
 6.3.2 Additional
Forfeiture Terms. The Administrator may specify when providing for an award under the Plan that the Participant’s rights, payments, and benefits with respect to the award will be subject to reduction, cancellation, forfeiture, or recoupment
upon the occurrence of specified events, in addition to any otherwise applicable vesting or performance conditions of the award. Such events may include, without limitation, termination of the Participant’s status as an Employee for
“cause” or any act by a Participant, whether before or after the Participant’s status as an Employee terminates, that would constitute “cause.” 

6.3.3 Accounting Restatements. If the Company is required to prepare an accounting restatement due to the material noncompliance of the
Company, as a result of misconduct, with any financial reporting requirement under the securities laws, then any Participant who knowingly or through gross negligence engaged in the misconduct, or who knowingly or through gross negligence failed to
prevent the misconduct, and any Participant who is one of the individuals subject to automatic forfeiture under Section 304 of the Sarbanes-Oxley Act of 2002, will reimburse the Company Group the amount of any payment with respect to an award
earned or accrued during the twelve (12) month period following the first public issuance or filing with the U.S. Securities and Exchange Commission (whichever first occurred) of the financial document embodying such financial reporting
requirement. 
 6.4 Successors. All obligations of the Company under the Plan, with respect to awards under the Plan, will be binding
on any successor to the Company, whether the existence of such successor is the result of a direct or indirect purchase, merger, consolidation, or otherwise, of all or substantially all of the business or assets of the Company. 

6.5 Nontransferability of Awards. No award under the Plan may be sold, transferred, pledged, assigned, or otherwise alienated or
hypothecated, other than by will or by the laws of descent and distribution, and except as provided in Section 5.3. All rights with respect to an award granted to a Participant will be available during his or her lifetime only to the
Participant. 
 7. Amendment, Termination, and Duration. 

7.1 Amendment, Suspension, or Termination. The Administrator may amend or terminate the Plan, or any part thereof, at any time and for
any reason. The amendment, suspension or termination of the Plan will not, without the consent of the Participant, materially alter or materially impair any rights or obligations under any Actual Award earned by such

  
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Participant. No award may be granted during any period of suspension or after termination of the Plan. Any payments under this Plan, including the method of calculating such payments, do not
create any contractual or other acquired right to participate in a similar Plan, receive any similar payments (or benefits in lieu) or have the Participant’s payments calculated in a certain way in the future. The actual or anticipated value of
any awards under the Plan will not be taken into account in assessing any other employment benefits or termination payments, including any payments in lieu of notice or severance, except as required by applicable law. 

7.2 Duration of Plan. The Plan will commence on the date first adopted by the Board or the Compensation, Nominating &
Governance Committee of the Board, and subject to Section 7.1 (regarding the Administrator’s right to amend or terminate the Plan), will remain in effect thereafter until terminated. 

8. Legal Construction. 

8.1 Gender and Number. Unless otherwise indicated by the context, any feminine term used herein also will include the masculine and any
masculine term used herein also will include the feminine; the plural will include the singular and the singular will include the plural. 

8.2 Severability. If any provision of the Plan is or becomes or is deemed to be invalid, illegal, or unenforceable for any reason in any
jurisdiction or as to any Participant, such invalidity, illegality, or unenforceability will not affect the remaining parts of the Plan, and the Plan will be construed and enforced as if the invalid, illegal, or unenforceable provision had not been
included. 
 8.3 Governing Law. The Plan and all awards and all determinations made and actions taken under the Plan will be construed
in accordance with and governed by the laws of the State of California, but without regard to its conflict of law provisions. For purposes of litigating any dispute that arises under this Plan, a Participant’s acceptance of an award is his or
her consent to the jurisdiction of the State of California resides, and agreement that any such litigation will be conducted in Santa Clara County, California, or the federal courts for the United States for the Northern District of California, and
no other courts, regardless of where a Participant’s services are performed. Notwithstanding the foregoing, an Applicable Appendix may provide that, with respect to the Participant, the Plan and one or more awards and determinations actions
taken under the Plan will be construed in accordance with and governed by, the country where the Participant permanently resides or, to the fullest extent permitted by applicable law, such other jurisdiction as the Applicable Appendix may provide,
and may provide for consent to jurisdiction, and agreement that litigation will be conducted in, the country where the Participant permanently resides or, to the fullest extent permitted by applicable law, such other jurisdiction as the Applicable
Appendix may provide. 
 8.4 Bonus Plan. The Plan is intended to be a “bonus program” as defined under U.S. Department of
Labor regulations section 2510.3-2(c) and will be construed and administered in accordance with such intention. 

  
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 8.5 Headings. Headings are provided herein for convenience only, and will not serve
as a basis for interpretation or construction of the Plan. 
 8.6 Severability. In case any one or more of the provisions contained in
the Plan shall for any reason be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provision of the Plan, but the Plan shall be construed as if such invalid,
illegal or unenforceable provisions had never been contained herein. 
 9. Compliance with Applicable Laws. Awards under the Plan
(including without limitation the granting of such awards) will be subject to all applicable laws, rules and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. 

*                *       
         * 

  
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 PARTICIPANT ACKNOWLEDGEMENT FORM 

You have been designated as a Participant who may be eligible to participate in the Employee Incentive Compensation Plan (“Plan”),
subject to meeting the terms of the Plan [, the attached Applicable Appendix] and this Acknowledgment Form. You must sign and return this Acknowledgment Form to become an eligible Participant in the Plan. Relevant details in relation to your
participation in the Plan are set out in the Plan. 
 By signing below, you acknowledge and agree that you received a copy of the Plan and have read and
understand its terms. You acknowledge that you have not relied upon any representations or statements made by the Company or any of its affiliates which are not specifically set out in the Plan. You understand that the Plan, your participation in
the Plan and any awards made under the Plan are discretionary and that the Company may amend, suspend, replace or terminate the Plan at any time and for any reason, in its sole discretion in accordance with the terms of the Plan to the full extent
permitted under applicable law. 
  

					
	Name: __________________	  		  	
		  		  	
	Signature: _______________	  		  	Date: _________
		  		  	

  
 -10-EX-10.10

 Exhibit 10.10 

PALANTIR TECHNOLOGIES INC. 

SECURITY PROGRAM CONTINUATION AGREEMENT 

This Security Program Continuation Agreement (the “Agreement”) is made between Palantir Technologies Inc. (the
“Company”) and Dr. Alexander Karp (the “Executive”), effective on the date of the Company’s signature below (the “Effective Date”). 

The Company and Executive agree as follows: 

1. Term of Agreement. This Agreement will terminate when all of the obligations under this Agreement have been satisfied or upon the
written agreement of the parties. 
 2. At-Will Employment. The Company and Executive
acknowledge that Executive’s employment is and will continue to be at-will, as defined under applicable law. 

3. Company-Provided Security Continuation.  

(a) Involuntary Termination. If Executive experiences an Involuntary Termination, then, subject to Section 8, the Company will
provide Executive with Continuation Support at the Company’s expense until the earliest of (x) the expiration of thirty (30) months following Executive’s Involuntary Termination, (y) Executive’s death, or
(z) Executive’s commencement or continuation of Competitor Service. 
 (b) Voluntary Termination. If Executive experiences a
Voluntary Termination, then, subject to Section 8, the Company will provide Executive with Continuation Support at the Company’s expense until the earliest of (x) the expiration of fifteen (15) months following such Voluntary
Termination, (y) Executive’s death, or (z) Executive’s commencement or continuation of Competitor Service. 
 (c)
Other Termination. If Executive experiences an Other Termination, then, subject to Section 8, the Company will provide Executive with Continuation Support at the Company’s expense until the earliest of (x) the date one
(1) month following such Other Termination, (y) Executive’s death, or (z) Executive’s commencement or continuation of Competitor Service that occurs upon or following his Other Termination (the earliest of such dates, the
“Other Termination Support Cessation Date”). 
 (d) Notification of Competitor Service. Executive agrees to notify
the Company prior to or immediately upon his commencement of Competitor Service or other employment or service to any person, entity or business other than the Company or an Affiliate or any continuation of Competitor Service or other employment or
service to any person, entity or business other than the Company or an Affiliate. 

 4. Income Tax Gross-Up Payments.  

(a) Gross-Up Payments. Subject to Section 8, for any Continuation Support provided to
Executive pursuant to Section 3 (the “Company-Paid Continuation Support”), Executive will be entitled to receive a payment from the Company (each such payment, a “Gross-Up
Payment”) as described herein if it is determined that the Company-Paid Continuation Support constitutes payments or benefits in the nature of compensation and subject to taxation. If owed, each
Gross-Up Payment will be payable in an amount, determined by the Company, equal to (i) the U.S. and non-U.S. federal, state and local income, employment and social
insurance taxes imposed on Executive solely as a direct result of receiving any Company-Paid Continuation Support that are determined to be payments or benefits in the nature of compensation and subject to taxation (the “Compensation-Based
Tax Amount”), and (ii) an additional amount sufficient to pay Executive’s U.S. and non-U.S. federal, state, local income, employment and social insurance taxes, in each case, arising from
the Compensation-Based Tax Amount paid to the Executive pursuant to this sentence. The Company may, in its discretion, decide to pay any or all Gross-Up Payments directly to the applicable taxing authority.
For the avoidance of doubt, no tax gross-up payments will be made with respect to any “parachute payments” the meaning of Section 280G of the Code, with respect to any excise tax imposed by
Section 4999 of the Code, or as a result of the application of Section 409A. 
 (b) Calculation of Gross-Up Payments. The Company will select a professional services or law firm to calculate the Gross-Up Payments and make all of the determinations required to calculate
such Gross-Up Payments. Each Gross-Up Payment will be calculated by such firm based on the highest marginal rates expected to apply to Executive for the applicable
period in each jurisdiction in which the Executive is subject to taxation, as determined by such firm. The Company will request that such firm provide detailed supporting calculations both to the Company and Executive as soon as practicable
following the completion of each set of calculations. The Company will request that such firm use its reasonable best efforts to determine Gross-Up Payments on a monthly basis after the Termination, with a true-up determination to be completed as soon as practicable after the end of each of Executive’s taxable years in which Company-Paid Continuation Support is provided. For purposes of making the calculations
and determinations required under this Section, the firm may make reasonable assumptions and approximations concerning applicable taxes and may rely on reasonable, good faith determinations concerning the application of the Code and applicable U.S.
and non-U.S tax rules and treaties. The Company and Executive will furnish to the firm such information and documents as the firm may reasonably request in order to make a determination under this Section. The
Company will bear all costs the firm may reasonably incur in connection with any calculations contemplated by this Section. Any such determination by the firm will be binding upon the Company and Executive, and the Company will have no liability to
Executive for the determinations of the firm. 
 (c) Timing of Gross-Up Payments. Subject to
the following sentence, any Gross-Up Payment owed will be paid as soon as reasonably practicable following the date the Gross-Up Payment amount (or applicable portion
thereof) is determined. Each Gross-Up Payment is intended to constitute a gross-up payment within the meaning of U.S. Treasury Regulation
Section 1.409A-3(i)(1)(v) and, as such, each Gross-Up Payment that is payable under this Agreement will be made no later than the end of Executive’s taxable
year next following his taxable year in which Executive remits the related taxes to the taxing authorities 

  
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 5. Executive-Paid Elective Security Continuation.  

(a) Maximum Voluntary Continuation. Notwithstanding the foregoing, if Company-Paid Continuation Support is provided for fifteen
(15) months following Executive’s Voluntary Termination pursuant to clause (x) of Section 3(b), then, subject to Section 8, upon the expiration of such fifteen (15) month period (the “Initial Period
Expiration”), at the election of Executive, the Company will continue to provide Executive with Continuation Support, at Executive’s expense, for up to an additional fifteen (15) months from the Initial Period Expiration, but
terminating earlier upon the earliest of occur of (x) Executive’s death, or (y) Executive’s commencement or continuation of Competitor Service. 

(b) Election. Any such election must be made by Executive and noticed to the Company at least one month prior to the Initial Period
Expiration. After Executive’s initial election to receive Continuation Support at his expense, Executive may at any time provide the Company notice that he wishes to cancel such Continuation Support, which cancellation shall be effective at the
end of the month in which such cancellation notice is provided to the Company or such other time as the Company and Executive may agree. For the avoidance of doubt, no Gross-Up Payments will be made with
respect to Executive’s costs for Continuation Support elected under this Section. 
 (c) Invoices. If Executive elects
Continuation Support at his expense pursuant to this Section, the Company will determine, from time to time, the cost of the Continuation Support. The Company will provide Executive with a monthly invoice for the cost of the Continuation Support for
the prior month. Executive will pay each invoice in full within thirty (30) days following the date of such invoice. 
 6.
Termination Generally. If Executive’s employment with the Company and its Affiliates ceases in connection with substantially concurrent re-employment with an Affiliate, then no Termination will
have occurred for purposes of this Agreement, no Company-Paid Continuation Support shall be applicable with respect to such cessation of employment, and any Continuation Support then provided shall immediately cease, until, and subject to, a
termination with respect to his employment with all Affiliates (but otherwise on the terms and conditions of this Agreement). 
 7.
Exclusive Remedy; Other Post-Termination Expenses.  
 (a) Exclusive Remedy. In the event of a termination of
Executive’s employment with the Company and its Affiliates, the provisions of Sections 3, 4 and 5 are intended to be and are the exclusive rights and remedies of the Executive with respect to the provision of security services by the Company
and in lieu of any other rights or remedies related thereto to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, unless otherwise expressly agreed in writing by the parties. 

(b) Other Post-Termination Expenses. Notwithstanding anything to the contrary herein and for the avoidance of doubt, following
Executive’s Termination for any reason, (i) Executive shall be solely responsible for his own travel expenses, and (ii) the Company’s obligation to pay travel expenses of other individuals as part of the Continuation Support
shall be limited to reasonable expenses consistent with comparable expenses incurred and approved during Executive’s employment with the Company. 

  
 -3- 

 8. Conditions to Receipt of Continuation Support and
Gross-Up Payments.  
 (a) Change in Designation of Termination. Notwithstanding
the foregoing, if within thirty (30) days after Executive’s Involuntary Termination or Voluntary Termination, the Board determines, in good faith, that grounds for Termination for Cause existed prior to Executive’s Termination, then
(x) Executive’s Termination will retroactively be deemed an Other Termination, and (y) any Continuation Support provided under Section 3(a) or Section 3(b), as applicable, will end immediately upon the Other Termination
Support Cessation Date or, if later, thirty (30) days after the date of such Board determination, and Executive will have no rights to elect to receive Continuation Support at his expense pursuant to Section 5. 

(b) Separation Agreement and Release of Claims. The receipt of any Company-Paid or Executive-Paid Continuation Support pursuant to
Section 3 or Section 5 and any Gross Up Payments pursuant to Section 4 is explicitly conditioned on Executive signing and not revoking a separation agreement and release of claims in a form reasonably satisfactory to the Company
(which may include an agreement not to disparage the Company and any Affiliate, non-solicit provisions, an agreement to assist in any litigation matters, and other standard terms and conditions) (the
“Release”) and provided that such Release becomes effective and irrevocable no later than sixty (60) days following the date of Executive’s Termination (such deadline, the “Release Deadline”). Due to the
critical nature of the Continuation Support for Executive’s personal safety, except as required by Section 8(c), the Company will provide any Continuation Support and Gross-Up Payments that, but for
the fulfillment of the Release requirement, would be due to Executive pursuant to Sections 3, 4 or 5 beginning at or as soon as practicable following his Termination. If the Release does not become effective and irrevocable by the Release Deadline,
(x) the provision of any such Continuation Support and Gross-Up Payments will cease immediately following the Release Deadline and (y) Executive will forfeit any rights to further Continuation
Support, whether Company or Executive-Paid, and Gross-Up Payments. 
 (c)
Section 409A.  
 (i) Notwithstanding anything to the contrary in this Agreement, no Deferred Benefits will
be paid or otherwise provided until Executive has a “separation from service” within the meaning of Section 409A. Similarly, no severance payable to Executive, if any, pursuant to this Agreement that otherwise would be exempt from
Section 409A pursuant to Treasury Regulation Section 1.409A-1(b)(9) will be payable until Executive has a “separation from service” within the meaning of Section 409A. References to
the termination of Executive’s employment or similar phrases used in this Agreement will mean Executive’s “separation from service” within the meaning of Section 409A. 

  
 -4- 

 (ii) Notwithstanding anything to the contrary in this Agreement, if Executive is a
“specified employee” within the meaning of Section 409A at the time of Executive’s separation from service (other than due to death), then no Deferred Benefits that otherwise are payable within the first six (6) months
following Executive’s separation from service, will, to the extent required to be delayed pursuant to Section 409A(a)(2)(B) of the Code, become payable or be provided at the Company’s expense until the date six (6) months and one
(1) day following the date of Executive’s separation from service (the period during which the Deferred Benefits are delayed, the “Delay Period”). However, due to the critical nature of the Continuation Support for
Executive’s personal safety, during the Delay Period, if and to the extent Executive otherwise would have been entitled to receive Company-Paid Continuation Support during the Delay Period, Executive may elect to receive Continuation Support at
Executive’s expense for the duration of the Delay Period, and Executive will pay all costs associated with such Continuation Support directly to the Security Program providers on their regular payment schedule; provided that if the Company is
directly providing any of the Security Program benefits, Executive will pay the Company any costs to the Company in advance of receiving such services. If Executive elects Continuation Support at his expense pursuant to the prior sentence, the
Company will determine the cost of the Continuation Support provided directly by the Company, which determination may be made, if and to the extent the Company deems appropriate, after consultation by the Company with the Security Assessment Team.
Immediately following the expiration of the Delay Period, the Company will reimburse Executive for all costs paid by Executive for Continuation Support pursuant to the foregoing sentences, and will pay any related
Gross-Up Payments. All subsequent Deferred Benefits, if any, due after the expiration of the Delay Period will be payable in accordance with the payment schedule applicable to each payment or benefit.
Notwithstanding anything herein to the contrary, if Executive dies following Executive’s separation from service, but prior to the six (6) month anniversary of the separation from service, then the Delay Period will be deemed for all
purposes to end on the date of Executive’s death. Each payment and benefit payable under this Agreement is intended to constitute a separate payment for purposes of Section 1.409A-2(b)(2) of the
United States Treasury Regulations. 
 (iii) The foregoing provisions and all compensation and benefits provided for under this Agreement
are intended to comply with the requirements of Section 409A so that none of the payments and benefits to be provided hereunder will be subject to the additional tax imposed under Section 409A, and any ambiguities or ambiguous terms herein
will be interpreted to so comply. The Company and Executive agree to work together in good faith to consider amendments to this Agreement and to take such reasonable actions which are necessary, appropriate or desirable to avoid imposition of any
additional tax or income recognition prior to actual payment to Executive under Section 409A. In no event will the Company reimburse, indemnify, or hold harmless Executive for any taxes, penalties and interest that may be imposed, or other
costs that may be incurred, as a result of Section 409A 
 9. Limitation on Payments.  

(a) If any payment or benefit that Executive would receive under this Agreement or from the Company, an Affiliate or any other party whether in
connection with the provisions herein or otherwise (the “Payment”) would (i) constitute a “parachute payment” within the meaning of Section 280G of the Code and (ii) but for this sentence, be subject to the
excise tax imposed by Section 4999 of the Code (the “Excise Tax”), then such Payment will be equal to the Best Results Amount. The “Best Results Amount” will be either (x) the full amount of such Payment
or (y) such 

  
 -5- 

 
lesser amount as would result in no portion of the Payment being subject to the Excise Tax, whichever of the foregoing amounts, taking into account the applicable U.S. and non-U.S. federal, state and local employment taxes, income taxes and the Excise Tax, results in Executive’s receipt, on an after-tax basis, of the greater amount. If a
reduction in payments or benefits constituting parachute payments is necessary so that the Payment equals the Best Results Amount, reduction will occur in the following order: (i) reduction of cash payments, which shall occur in reverse
chronological order such that the cash payment owed on the latest date following the occurrence of the event triggering the Excise Tax will be the first cash payment to be reduced; (ii) cancellation of equity awards that were granted
“contingent on a change in ownership or control” within the meaning of Section 280G in the reverse order of date of grant of the awards (that is, the most recently granted equity awards will be cancelled first); (iii) reduction of
acceleration of vesting of equity awards, which shall occur in the reverse order of the date of grant for such stock awards (i.e., the vesting of the most recently granted stock awards will be reduced first); and (iv) reduction of other
benefits paid or provided to Executive, which shall occur in reverse chronological order such that the benefit owed on the latest date following the occurrence of the event triggering the Excise Tax will be the first benefit to be reduced. If more
than one equity award was made to Executive on the same date of grant, all such awards shall have their acceleration of vesting reduced pro rata. Notwithstanding anything herein to the contrary, to the extent the Company submits any payment or
benefit payable to Executive under this Agreement or otherwise to the Company’s stockholders for approval in accordance with Treasury Regulations Section 1.280G1 Q&A 7, then the 280G Amounts will be treated in accordance with the
results of such vote; provided that any reduction in, or waiver of, such payments or benefits required by such vote will be applied without any application of discretion by Executive and in the order prescribed by this Section. In no event shall
Executive have any discretion with respect to the ordering of payment reductions. 
 (b) Determination of Excise Tax Liability. The
Company will select a professional services or law firm to make all of the determinations required to be made under these paragraphs relating to parachute payments. The Company will request that such firm provide detailed supporting calculations
both to the Company and Executive prior to the date on which the event that triggers the Payment occurs if administratively feasible, or subsequent to such date if events occur that result in parachute payments to Executive at that time. For
purposes of making the calculations required under these paragraphs relating to parachute payments, the firm may make reasonable assumptions and approximations concerning applicable taxes and may rely on reasonable, good faith determinations
concerning the application of the Code and applicable U.S. and non-U.S tax rules and treaties. The Company and Executive will furnish to the firm such information and documents as the firm may reasonably
request in order to make a determination under these paragraphs relating to parachute payments. The Company will bear all costs the firm may reasonably incur in connection with any calculations contemplated by these paragraphs relating to parachute
payments. Any such determination by the firm will be binding upon the Company and Executive, and the Company will have no liability to Executive for the determinations of the firm. 

  
 -6- 

 10. Definition of Terms. The following terms referred to in this Agreement will have
the following meanings: 
 (a) “Affiliate” means all entities with whom the Company would be considered a single employer
under Section 414(b) (employee of controlled group of corporations) of the Code or Section 414(c) (employees of partnerships, proprietorships, etc., under common control) of the Code. 

(b) “Board” means the Company’s Board of Directors. 

(c) “Cause” means (i) Executive’s material dishonest statements or acts with respect to the Company or any
Affiliate, or any current or prospective customers, suppliers vendors or other third parties with which such entity does business; (ii) Executive’s commission of (A) a felony or (B) any crime involving fraud, embezzlement or any
other act of moral turpitude or the misappropriation of material property belonging to, the Company or an Affiliate; (iii) Executive’s material failure to perform his assigned duties and responsibilities to the reasonable satisfaction of
the Board which failure continues for thirty (30) days after notice given to Executive; (iv) Executive’s gross negligence, willful misconduct or insubordination with respect to the Company or any Affiliate; (v) Executive’s
violation of any U.S. or non-U.S. federal, state, or securities law or regulation or of any U.S. or non-U.S. federal, state, or securities law or regulation applicable
to the business of the Company or any Affiliate, which violation was or is reasonably likely to be materially injurious to the Company or any Affiliate; (vi) Executive’s willful failure to cooperate with an investigation authorized by the
Board or initiated by a governmental authority, in either case, relating to the Company or any Affiliate, their businesses, or any of their directors, officers or employees; or (vii) Executive’s material violation of any Company codes or
policies (including the Guide to Benefits, Standards and Frameworks) or any provision of any agreement(s) between Executive and the Company relating to non-solicitation, nondisclosure and/or assignment of
inventions. For the avoidance of doubt, the termination by the Company of Executive’s employment due to Executive’s Disability shall not constitute “Cause”. 

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

(e) “Competitor Service” means Executive’s employment, consulting, advisory or independent contractor service with any
person, entity or business whose business, products or operations are in any respect involved in or who has plans to be involved in the Covered Business anywhere within the Territory. “Territory” shall mean (i) all states,
territories, districts, or commonwealths of the United States of America in which the Company or any Affiliate provided goods or services, had customers, or otherwise conducted business at any time during the
two-year period prior to the date of Executive’s Termination; and (ii) any other countries in which the Company or any Affiliate provided goods or services, had customers, or otherwise conducted
business at any time during the two-year period prior to the date of Executive’s Termination. 

(f) “Continuation Support” means the continuation of the Security Program after Executive’s Termination. 

(g) “Covered Business” means any business in which the Company, at the time of Executive’s Termination, is engaged or in
which the Company or any Affiliate has plans to be engaged, or any service that the Company or any Affiliate provides or has plans to provide. 

  
 -7- 

 (h) “Deferred Benefit” means any separation-related pay or benefits
(including Company-Paid Continuation Support and Gross-Up Payments) to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement or otherwise, and any other
severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A. 

(i) “Disability” means Executive (i) is unable to engage in any substantial gainful activity by reason of any medically
determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than twelve (12) months, (ii) is, by reason of any medically determinable physical or mental
impairment which can be expected to last for a continuous period of not less than twelve (12) months, receiving income replacement benefits for a period of not less than three (3) months under an accident and health plan covering Company
employees, or (iii) is determined to be totally disabled by the U.S. Social Security Administration. 
 (j) “Good
Reason” means Executive’s resignation within thirty (30) days following the expiration of any Company cure period (discussed below) following the occurrence of one or more of the following, without Executive’s express written
consent: (i) a material reduction of Executive’s duties, authorities, or responsibilities relative to Executive’s duties, authorities, or responsibilities in effect immediately prior to the reduction, provided, however, that continued
employment following a change in control with substantially the same duties, authorities, or responsibilities with respect to the Company’s business and operations will not constitute “Good Reason” (for example, “Good
Reason” does not exist if Executive is employed a successor with substantially the same duties, authorities, or responsibilities with respect to the Company Group’s business that Executive had immediately prior to a change in control
regardless of whether Executive’s title is revised to reflect Executive’s placement within the overall corporate hierarchy or whether Executive provides services to a subsidiary, affiliate, business unit or otherwise); (ii) a material
reduction in Executive’s rate of annual base salary; or (iii) failure of a successor corporation to assume the obligations under this Agreement as contemplated by Section 11(a). In order for an event to qualify as Good Reason,
Executive must not terminate employment with the Company without first providing the Company with written notice of the acts or omissions constituting the grounds for “Good Reason” within ninety (90) days of the initial existence of
the grounds for “Good Reason” and a reasonable cure period of not less than thirty (30) days following the date of such notice, and such grounds must not have been cured during such time. Any resignation for Good Reason must occur
within two (2) years of the initial existence of the acts or omissions constituting the grounds for “Good Reason.” 
 (k)
“Involuntary Termination” means a termination of Executive’s employment with the Company and its Affiliates that is a “separation from service” within the meaning of Section 409A that is either (i) by the
Company without Cause, or (ii) by Executive for Good Reason. 
 (l) “Other Termination” means a termination of
Executive’s employment with the Company and its Affiliates that is a “separation from service” within the meaning of Section 409A that is by the Company for Cause. 

  
 -8- 

 (m) “Section 409A” means Section 409A of the Code
and any final regulations and guidance thereunder and any applicable state law equivalent, as each may be amended or promulgated from time to time. 

(n) “Security Assessment Team” means a 3rd party security assessment
provider engaged by the Company to assess the existence and extent of the need for security and to make recommendations for the appropriate security measures with respect to Executive. 

(o) “Security Program” means the security program, if any, in place for Executive as of the last date prior to
Executive’s Termination on which a security program was in effect, provided, however, that if no security program was in effect as of immediately prior to Executive’s Termination due to a determination by a Security Assessment Team that no
security program was necessary at that time, no Security Program shall exist for purposes of this Agreement until and unless implemented pursuant to clause (x) of the following sentence. Notwithstanding the foregoing, the Company may modify the
terms of the Security Program, if any, following Executive’s Termination (and such modified program will be deemed the “Security Program” for purposes of this Agreement) to: (x) follow any changes (A) recommended by a report
of a Security Assessment Team (including to modify the Security Program pursuant to the recommendations of such report) and (B) adopted by Board action; and/or (y) provide, in its discretion, any or all portions of the Security Program
using internal personnel of the Company or its subsidiaries, or an alternate 3rd party provider deemed acceptable by the Security Assessment Team. The Company may, from time to time, engage the Security Assessment Team to review the Security Program
and recommend any appropriate modifications. 
 (p) “Termination” means Executive’s Involuntary Termination, Voluntary
Termination or Other Termination. 
 (q) “Voluntary Termination” means a termination of Executive’s employment with the
Company and its Affiliates that is a “separation from service” within the meaning of Section 409A that is by Executive for any reason other than Good Reason. 

11. Successors. 
 (a)
The Company’s Successors. Any successor to the Company (whether direct or indirect and whether by purchase, merger, consolidation, liquidation or otherwise) to all or substantially all of the Company’s business and/or assets will
assume the obligations under this Agreement and agree expressly to perform the obligations under this Agreement in the same manner and to the same extent as the Company would be required to perform such obligations in the absence of a succession.
For all purposes under this Agreement, the term “Company” will include any successor to the Company’s business and/or assets which executes and delivers the assumption agreement described in this Section 11(a) or which
becomes bound by the terms of this Agreement by operation of law. 
 (b) Executive’s Successors. The terms of this Agreement and
all rights and obligations of Executive hereunder will inure to the benefit of, and be enforceable by, Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. 

  
 -9- 

 12. Notice. 

(a) General. All notices and other communications required or permitted under this Agreement shall be in writing and will be effectively
given (i) upon actual delivery to the party to be notified, (ii) upon transmission by e-mail, addressed (A) if to Executive, at the e-mail address
Executive shall have most recently furnished to the Company in writing, (B) if to the Company, at legalnotices@palantir.com, (iii) twenty-four (24) hours after confirmed facsimile transmission, (iv) one (1) business day
after deposit with a recognized overnight courier or (v) three (3) business days after deposit with the U.S. Postal Service by first class certified or registered mail, return receipt requested, postage prepaid, addressed (A) if to
Executive, at the address Executive shall have most recently furnished to the Company in writing, (B) if to the Company, at the following address: 

Palantir Technologies Inc. 
 100
Hamilton Avenue, Suite 300 
 Palo Alto, CA 94301 

Attention: Legal Department 
 (b)
Notice of Termination. Any Termination of Executive by the Company for Cause or by Executive for Good Reason will be communicated by a notice of termination to the other party hereto given in accordance with Section 12(a) of this
Agreement. Such notice will indicate the specific termination provision in this Agreement relied upon, will set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination under the provision so indicated, and
will specify the termination date. The failure by Executive to include in the notice any fact or circumstance which contributes to a showing of Good Reason will not waive any right of Executive hereunder or preclude Executive from asserting such
fact or circumstance in enforcing Executive’s rights hereunder. 
 13. Arbitration. Any dispute arising from or relating to this
Agreement shall be finally and exclusively settled by arbitration in Santa Clara County, California, United States, in accordance with the Arbitration Rules and Procedures (“JAMS Rules”) of the Judicial Arbitration and Mediation
Services, Inc. (“JAMS”) then in effect, by one or more commercial arbitrator(s), who may or may not be selected from the appropriate list of JAMS arbitrators. If the Parties cannot agree upon the number and identity of the
arbitrators within fifteen (15) days following the Arbitration Date, then a single arbitrator shall be selected on an expedited basis in accordance with the JAMS Rules. The arbitrator(s) shall have the authority to grant injunctive relief and
specific performance. The Parties shall pay an equal share of the fees and costs of arbitration (including arbitrator fees, filing fees, administrative fees, and all other fees and costs related to the arbitration). The prevailing Party in the
arbitration shall be entitled to an award of its reasonable attorneys’ fees, expert witness fees, and costs incurred in connection therewith. Judgment upon the award so rendered may be entered and enforced in the United States Federal Courts
located in the Northern District of California or, if the Company determines that jurisdiction is not proper in such Federal Courts, California Superior Court in the County of Santa 

  
 -10- 

 
Clara. This Agreement shall be deemed to have been made in, and shall be construed pursuant to the laws of California, including with respect to substantive and procedural laws, without regard to
conflicts of law provisions thereof. To the extent that the JAMS Rules conflict with the laws of California law, the laws of California shall take precedence. The undersigned waives to the fullest extent permitted by law its right to a trial by
jury. Should any Party hereunder institute any legal action or administrative or other non-arbitral proceeding against the other with respect to this Agreement by any method other than arbitration pursuant to
this paragraph (except as otherwise set forth herein), the responding Party shall be entitled to recover from the initiating Party all damages and reasonable costs, expenses, and attorneys’ fees incurred as a result of such action. Should any
term of this paragraph conflict with any other agreement between the Parties, the Parties agree that this paragraph shall govern, to the extent there is such conflict. 

14. Miscellaneous Provisions.  

(a) Acknowledgment. Executive acknowledges that he has had the opportunity to discuss this matter with and obtain advice from his
private attorney, has had sufficient time to, and has carefully read and fully understands all the provisions of this Agreement, and is knowingly and voluntarily entering into this Agreement. 

(b) Waiver. No provision of this Agreement will be modified, waived or discharged unless the modification, waiver or discharge is agreed
to in writing and signed by Executive and by an authorized officer of the Company (other than Executive). No waiver by either party of any breach of, or of compliance with, any condition or provision of this Agreement by the other party will be
considered a waiver of any other condition or provision or of the same condition or provision at another time. 
 (c) Headings. All
captions and section headings used in this Agreement are for convenient reference only and do not form a part of this Agreement. 
 (d)
Entire Agreement. This Agreement constitutes the entire agreement of the parties and supersedes in their entirety all prior representations, understandings, undertakings or agreements (whether oral or written and whether expressed or implied)
of the parties with respect to the subject matter of this Agreement, including, for the avoidance of doubt, any other employment letter or agreement, severance policy or program, or equity award agreement. 

(e) Choice of Law. The validity, interpretation, construction and performance of this Agreement will be governed by the laws of the
State of California (with the exception of its conflict of laws provisions). Any claims or legal actions by one party against the other arising out of the relationship between the parties contemplated herein (whether or not arising under this
Agreement) will be commenced or maintained in any state or federal court located in the jurisdiction where Executive resides, and Executive and the Company hereby submit to the jurisdiction and venue of any such court. 

  
 -11- 

 (f) Severability. The invalidity or unenforceability of any provision or provisions
of this Agreement will not affect the validity or enforceability of any other provision hereof, which will remain in full force and effect. 

(g) Withholding. All payments made pursuant to this Agreement will be subject to withholding of applicable income and employment taxes.

 (h) Counterparts. This Agreement may be executed in counterparts, each of which will be deemed an original, but all of which
together will constitute one and the same instrument. 

  
 -12- 

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

							
	COMPANY	 		 	PALANTIR TECHNOLOGIES INC.
				
		 		 	By:	 	 /s/ Dave Glazer

				
		 		 	Title:	 	Treasurer
				
		 		 	Date:	 	6/5/2019
			
	EXECUTIVE	 		 	 /s/ Dr. Alexander Karp

		 		 	Dr. Alexander Karp
				
		 		 	Date:	 	6/5/2019

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