Document:

EX-10.2

 Exhibit 10.2 

RESTRICTED STOCK UNIT AGREEMENT 

UNDER THE BIOATLA, INC. 

2020 EQUITY INCENTIVE PLAN 

THIS RESTRICTED STOCK UNIT AGREEMENT (this “Agreement”) is between BioAtla, Inc., a Delaware corporation (the
“Company”), and [            ] (the “Grantee”) and is made as of
[            ], 2020 (the “Grant Date”). 

RECITALS 

WHEREAS, the Company maintains the BioAtla, Inc. 2020 Equity Incentive Plan (as it may be amended and/or restated from time to time,
the “Plan”); 
 WHEREAS, the Plan permits the Company to award Restricted Stock Units with respect to shares
of the Company’s common stock, $0.0001 par value per share (“Shares”), subject to the terms of the Plan; and 

WHEREAS, the Company desires to grant Restricted Stock Units to the Grantee in accordance with the terms of this award agreement (this
“Agreement”). 
 NOW, THEREFORE, in consideration of these premises and the agreements set forth herein, the
parties, intending to be legally bound hereby, agree as follows: 
 1. Award of Restricted Stock Units. The Company hereby grants to
the Grantee, as of the Grant Date, [_____] Restricted Stock Units (the “RSUs”). With respect to each RSU that becomes vested in accordance with the terms of this Agreement, the Grantee will be entitled to receive one Share
upon the settlement of such RSU (the “RSU Shares”). The RSUs are subject to the terms set forth herein, and the terms of the Plan, which terms and provisions are incorporated herein by reference. Capitalized terms used but
not otherwise defined herein shall have the meanings ascribed to such terms in the Plan. 
 2. Vesting; Settlement. 

(a) As of the Grant Date, the RSUs are unvested and shall become vested as follows: 

 

			
	Vesting Date	  	 Vesting Percentage

on Vesting Date

	 First anniversary of the Vesting Commencement Date
	  	25%
	The last day of each of the 36 months following the month in which the first anniversary of the Vesting Commencement Date occurs	  	2.08333%

  
 1 

 The “Vesting Commencement Date” means August 25, 2020. If the percentages above
would result in a fraction of an RSU vesting on a vesting date, then the number of RSUs vesting on such vesting date shall be rounded up to the next whole number; provided, however, that in no event shall more than 100% of the RSUs become vested and
settled. 
 Notwithstanding the foregoing, if neither a Change in Control nor the IPO has occurred prior to a vesting date set forth above, then no vesting
shall occur on such date, and instead, the RSUs that would have vested on the vesting date set forth above but for this sentence (the “Liquidity Vesting RSUs”) shall remain unvested and shall become vested upon the occurrence
of the earlier of a Change in Control and the IPO, and all remaining RSUs shall continue to vest in accordance with the vesting schedule set forth above. 

Vesting of any RSUs in all cases is subject to the Grantee’s continued employment with the Company or one of its Subsidiaries from the Grant Date through
and including the applicable vesting date, which in the case of Liquidity Vesting RSUs, shall be the date on which the earlier of a Change in Control and the IPO occurs. Except as otherwise specifically provided in Section 7.2 of the Plan, if
the Grantee’s employment with the Company or any of its Subsidiaries terminates for any reason prior to the date on which all of the RSUs have become vested, regardless of whether such termination is initiated by the Grantee, by the Company or
by any of the Company’s Subsidiaries, then all RSUs which are unvested as of the date of such termination shall be forfeited immediately upon such termination with no compensation or other payment due to the Grantee or any other Person. In
addition, if the Grantee’s employment with the Company or any of its Subsidiaries is terminated for Cause, then any RSUs which have not been settled as of such termination of employment (even if such RSUs are vested) shall be forfeited
immediately upon such termination with no compensation or other payment due to the Grantee or any other Person. 
 Notwithstanding anything to the contrary
contained in any offer letter, severance agreement, employment agreement, consulting agreement or similar agreement between the Grantee and the Company or any of its Affiliates, (i) the RSUs shall not vest upon or following Grantee’s
termination of employment except as provided in Section 7.2 of the Plan and (ii) the RSUs shall not vest upon a Change in Control, a change in control, a change of control or any similar event except as provided in this Agreement or in the
Plan. 
 (b) Each RSU that becomes vested shall be settled as soon as reasonably practicable following the date on which such RSU becomes
vested, and in any event within 30 days after the vesting event. 
 (c) Prior to the receipt by the Grantee of an RSU Share in settlement of
an RSU, the Grantee shall have no rights of a stockholder with respect to such RSU or RSU Share, including, without limitation, the right to receive dividends with respect to such RSU or RSU Share or the right to vote such RSU or RSU Share.
Notwithstanding the foregoing or anything contained in this Agreement to the contrary, if the Company declares a cash dividend on Shares with a record 

  
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date during the period between the Grant Date and the date immediately preceding the date on which an RSU Share is delivered upon the settlement of a vested RSU, then the Grantee shall be
entitled to receive with respect to the vested RSUs being settled on such date an amount in cash equal to the product of (i) the number of vested RSUs then being settled, multiplied by (ii) the amount of cash dividends declared per Share
during the period between the Grant Date and the date immediately preceding the date on which such RSU Shares are delivered upon the settlement of such vested RSUs, with such cash payment to be made to the Grantee at the same time as RSU Shares are
issued upon the settlement of such vested RSUs; provided, however, that if any such cash dividends have been declared but not paid, such payment shall not be made in respect of such cash dividend until the first payroll date after such cash dividend
is paid (and if such dividend equivalent described in this Section 2(c) is not paid to the Participant by March 15th of the year immediately following the year in which the applicable RSU
vested, then such dividend equivalent shall be forfeited). Any such amounts will be forfeited upon the forfeiture of the underlying RSU, with no compensation or other payment due to the Grantee or any other Person. 

3. Non-Transferability of RSUs. The RSUs may not be sold, pledged, assigned, hypothecated,
gifted, transferred or disposed of in any manner either voluntarily or involuntarily by operation of law, other than by will or by the laws of descent and distribution. 

4. Conditions on All Transfers of RSU Shares. Notwithstanding anything to the contrary contained in this Agreement or the Plan, no
transfer of an RSU Share shall be made, or, if attempted or purported to be made, shall be effective, unless and until the Company is satisfied that the transfer will not violate any federal or state securities law or any other law or agreement
(including this Agreement or the Plan) or the rules of any applicable stock exchange. If the transfer would violate any such law, agreement or rule and the Grantee nevertheless attempts or purports to engage in a transfer of RSU Shares, then the
Company shall not recognize such transfer on the books and records of the Company and such transfer will be null and void ab initio. In addition, the Grantee will be liable to the Company for damages, if any, which may result from such
attempted or purported transfer. 
 5. No Promise of Employment or Other Service. Neither the Plan nor the granting or holding of the
RSUs nor the holding of RSU Shares will confer upon the Grantee any right to continue in the employ or other service of the Company or any Subsidiary, or limit, in any respect, the right of the Company or any Subsidiary to discharge the Grantee at
any time, for any reason and with or without notice. 
 6. Withholding. The Grantee shall be responsible for making appropriate
provision for all taxes required to be withheld in connection with the grant of RSUs and/or the settlement thereof (and the payment of any dividend equivalents). Such responsibility shall extend to all applicable federal, state, local and foreign
withholding taxes. The Company or its Subsidiaries, in their sole discretion, shall have the right to retain the number of shares whose Fair Market Value equals the amount to be withheld in satisfaction of the applicable withholding taxes (or to
withhold from any payroll or other amounts otherwise due to the Grantee the amount of withholding taxes due in connection with the RSUs or any dividend equivalents). 

7. The Plan. The Grantee has received a copy of the Plan, has read the Plan and is familiar with its terms, and hereby accepts the RSUs
subject to all of the terms and 

  
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provisions of the Plan and this Agreement. Pursuant to the Plan, the Committee is authorized to interpret the Plan and to adopt rules and regulations not inconsistent with the Plan as it deems
appropriate. The Grantee hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Committee with respect to the Plan, this Agreement, the RSUs, the RSU Shares or any agreement relating to the RSUs or the RSU
Shares. In the event of a conflict between the terms of the Plan and the terms of this Agreement, the terms of the Plan shall control. 
 8.
Investment Representation. The Grantee hereby represents and warrants to the Company that the Grantee, by reason of the Grantee’s business or financial experience (or the business or financial experience of the Grantee’s
professional advisors who are unaffiliated with and who are not compensated by the Company or any affiliate or selling agent of the Company, directly or indirectly), has the capacity to protect the Grantee’s own interests in connection with the
transactions contemplated under this Agreement. 
 9. Governing Law. This Agreement will be construed in accordance with the laws of
the State of Delaware, without regard to the application of the principles of conflicts of laws of Delaware or any other jurisdiction. 

10. Severability. All provisions of this Agreement are distinct and severable and if any clause shall be held to be invalid, illegal or
against public policy, the validity or the legality of the remainder of this Agreement shall not be affected thereby, and the remainder of this Agreement shall be interpreted to give maximum effect to the original intention of the parties hereto.

 11. Amendment. Subject to the provisions of the Plan, this Agreement may only be amended by a writing signed by each of the
parties hereto. 
 12. Entire Agreement. This Agreement, together with the Plan, represents the entire agreement between the parties
hereto relating to the subject matter hereof, and merges and supersedes all prior and contemporaneous discussions, agreements and understandings of every nature relating to the award of the RSUs to the Grantee by the Company. 

[signature page follows] 

  
 4 

 IN WITNESS WHEREOF, the Company has caused its duly authorized officer to execute this
Agreement, and the Grantee has placed his or her signature hereon evidencing his or her agreement to the terms hereof, effective as of the Grant Date. 
  

			
	BIOATLA, INC.
		
	By:	 	 
		 	Name:
		 	Title:

  

			
	GRANTEE	 	
		
	 	 	 
	Name:	 	

  
 5 

 RESTRICTED STOCK UNIT AGREEMENT 

UNDER THE BIOATLA, INC. 

2020 EQUITY INCENTIVE PLAN 

THIS RESTRICTED STOCK UNIT AGREEMENT (this “Agreement”) is between BioAtla, Inc., a Delaware corporation (the
“Company”), and [            ] (the “Grantee”) and is made as of
[            ], 2020 (the “Grant Date”). 

RECITALS 

WHEREAS, the Company maintains the BioAtla, Inc. 2020 Equity Incentive Plan (as it may be amended and/or restated from time to time,
the “Plan”); 
 WHEREAS, the Plan permits the Company to award Restricted Stock Units with respect to shares
of the Company’s common stock, $0.0001 par value per share (“Shares”), subject to the terms of the Plan; and 

WHEREAS, the Company desires to grant Restricted Stock Units to the Grantee in accordance with the terms of this award agreement (this
“Agreement”). 
 NOW, THEREFORE, in consideration of these premises and the agreements set forth herein, the
parties, intending to be legally bound hereby, agree as follows: 
 1. Award of Restricted Stock Units. The Company hereby grants to
the Grantee, as of the Grant Date, [_____] Restricted Stock Units (the “RSUs”). With respect to each RSU that becomes vested in accordance with the terms of this Agreement, the Grantee will be entitled to receive one Share
upon the settlement of such RSU (the “RSU Shares”). The RSUs are subject to the terms set forth herein, and the terms of the Plan, which terms and provisions are incorporated herein by reference. Capitalized terms used but
not otherwise defined herein shall have the meanings ascribed to such terms in the Plan. 
 2. Vesting; Settlement. 

(a) The RSUs are unvested on the Grant Date and shall become vested as follows: 

 

			
	Vesting Date	  	 Vesting Percentage

on Vesting Date

	 First anniversary of the Grant Date
	  	50%
	The last day of each of the 24 months following the month in which the first anniversary of the Grant Date occurs	  	2.08333%

  
 1 

 If the percentages above would result in a fraction of an RSU vesting on a vesting date, then the number of
RSUs vesting on such vesting date shall be rounded up to the next whole number; provided, however, that in no event shall more than 100% of the RSUs become vested and settled. 

Notwithstanding the foregoing, if neither a Change in Control nor the IPO has occurred prior to a vesting date set forth above, then no vesting shall occur on
such date, and instead, the RSUs that would have vested on the vesting date set forth above but for this sentence (the “Liquidity Vesting RSUs”) shall remain unvested and shall become vested upon the occurrence of the earlier
of a Change in Control and the IPO, and all remaining RSUs shall continue to vest in accordance with the vesting schedule set forth above. 
 Vesting of any
RSUs in all cases is subject to the Grantee’s continued employment with the Company or one of its Subsidiaries from the Grant Date through and including the applicable vesting date, which in the case of Liquidity Vesting RSUs, shall be the date
on which the earlier of a Change in Control and the IPO occurs. Except as otherwise specifically provided in Section 7.2 of the Plan, if the Grantee’s employment with the Company or any of its Subsidiaries terminates for any reason prior
to the date on which all of the RSUs have become vested, regardless of whether such termination is initiated by the Grantee, by the Company or by any of the Company’s Subsidiaries, then all RSUs which are unvested as of the date of such
termination shall be forfeited immediately upon such termination with no compensation or other payment due to the Grantee or any other Person. In addition, if the Grantee’s employment with the Company or any of its Subsidiaries is terminated
for Cause, then any RSUs which have not been settled as of such termination of employment (even if such RSUs are vested) shall be forfeited immediately upon such termination with no compensation or other payment due to the Grantee or any other
Person. 
 Notwithstanding anything to the contrary contained in any offer letter, severance agreement, employment agreement, consulting agreement or
similar agreement between the Grantee and the Company or any of its Affiliates, (i) the RSUs shall not vest upon or following Grantee’s termination of employment except as provided in Section 7.2 of the Plan and (ii) the RSUs
shall not vest upon a Change in Control, a change in control, a change of control or any similar event except as provided in this Agreement or in the Plan. 

(b) Each RSU that becomes vested shall be settled as soon as reasonably practicable following the date on which such RSU becomes vested, and
in any event within 30 days after the vesting event. 
 (c) Prior to the receipt by the Grantee of an RSU Share in settlement of an RSU, the
Grantee shall have no rights of a stockholder with respect to such RSU or RSU Share, including, without limitation, the right to receive dividends with respect to such RSU or RSU Share or the right to vote such RSU or RSU Share. Notwithstanding the
foregoing or anything contained in this Agreement to the contrary, if the Company declares a cash dividend on Shares with a record date during the period between the Grant Date and the date immediately preceding the date on which an RSU Share is
delivered upon the settlement of a vested RSU, then the Grantee shall be entitled to receive with respect to the vested RSUs being settled on such date an amount in cash equal to the product of (i) the number of vested RSUs then being settled,
multiplied by (ii) the 

  
 2 

 
amount of cash dividends declared per Share during the period between the Grant Date and the date immediately preceding the date on which such RSU Shares are delivered upon the settlement of such
vested RSUs, with such cash payment to be made to the Grantee at the same time as RSU Shares are issued upon the settlement of such vested RSUs; provided, however, that if any such cash dividends have been declared but not paid, such payment shall
not be made in respect of such cash dividend until the first payroll date after such cash dividend is paid (and if such dividend equivalent described in this Section 2(c) is not paid to the Participant by March 15th of the year immediately following the year in which the applicable RSU vested, then such dividend equivalent shall be forfeited). Any such amounts will be forfeited upon the forfeiture of the
underlying RSU, with no compensation or other payment due to the Grantee or any other Person. 
 3.
Non-Transferability of RSUs. The RSUs may not be sold, pledged, assigned, hypothecated, gifted, transferred or disposed of in any manner either voluntarily or involuntarily by operation of law, other
than by will or by the laws of descent and distribution. 
 4. Conditions on All Transfers of RSU Shares. Notwithstanding anything to
the contrary contained in this Agreement or the Plan, no transfer of an RSU Share shall be made, or, if attempted or purported to be made, shall be effective, unless and until the Company is satisfied that the transfer will not violate any federal
or state securities law or any other law or agreement (including this Agreement or the Plan) or the rules of any applicable stock exchange. If the transfer would violate any such law, agreement or rule and the Grantee nevertheless attempts or
purports to engage in a transfer of RSU Shares, then the Company shall not recognize such transfer on the books and records of the Company and such transfer will be null and void ab initio. In addition, the Grantee will be liable to the
Company for damages, if any, which may result from such attempted or purported transfer. 
 5. No Promise of Employment or Other
Service. Neither the Plan nor the granting or holding of the RSUs nor the holding of RSU Shares will confer upon the Grantee any right to continue in the employ or other service of the Company or any Subsidiary, or limit, in any respect, the
right of the Company or any Subsidiary to discharge the Grantee at any time, for any reason and with or without notice. 
 6.
Withholding. The Grantee shall be responsible for making appropriate provision for all taxes required to be withheld in connection with the grant of RSUs and/or the settlement thereof (and the payment of any dividend equivalents). Such
responsibility shall extend to all applicable federal, state, local and foreign withholding taxes. The Company or its Subsidiaries, in their sole discretion, shall have the right to retain the number of shares whose Fair Market Value equals the
amount to be withheld in satisfaction of the applicable withholding taxes (or to withhold from any payroll or other amounts otherwise due to the Grantee the amount of withholding taxes due in connection with the RSUs or any dividend equivalents).

 7. The Plan. The Grantee has received a copy of the Plan, has read the Plan and is familiar with its terms, and hereby accepts the
RSUs subject to all of the terms and provisions of the Plan and this Agreement. Pursuant to the Plan, the Committee is authorized to interpret the Plan and to adopt rules and regulations not inconsistent with the Plan as it deems appropriate. The
Grantee hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Committee with respect to the Plan, this Agreement, the RSUs, the RSU Shares or any agreement relating to the RSUs or the RSU Shares. In the
event of a conflict between the terms of the Plan and the terms of this Agreement, the terms of the Plan shall control. 

  
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 8. Investment Representation. The Grantee hereby represents and warrants to the
Company that the Grantee, by reason of the Grantee’s business or financial experience (or the business or financial experience of the Grantee’s professional advisors who are unaffiliated with and who are not compensated by the Company or
any affiliate or selling agent of the Company, directly or indirectly), has the capacity to protect the Grantee’s own interests in connection with the transactions contemplated under this Agreement. 

9. Governing Law. This Agreement will be construed in accordance with the laws of the State of Delaware, without regard to the
application of the principles of conflicts of laws of Delaware or any other jurisdiction. 
 10. Severability. All provisions of this
Agreement are distinct and severable and if any clause shall be held to be invalid, illegal or against public policy, the validity or the legality of the remainder of this Agreement shall not be affected thereby, and the remainder of this Agreement
shall be interpreted to give maximum effect to the original intention of the parties hereto. 
 11. Amendment. Subject to the
provisions of the Plan, this Agreement may only be amended by a writing signed by each of the parties hereto. 
 12. Entire
Agreement. This Agreement, together with the Plan, represents the entire agreement between the parties hereto relating to the subject matter hereof, and merges and supersedes all prior and contemporaneous discussions, agreements and
understandings of every nature relating to the award of the RSUs to the Grantee by the Company. 
 [signature page follows] 

  
 4 

 IN WITNESS WHEREOF, the Company has caused its duly authorized officer to execute this
Agreement, and the Grantee has placed his or her signature hereon evidencing his or her agreement to the terms hereof, effective as of the Grant Date. 
  

			
	BIOATLA, INC.
		
	By:	 	 
		 	Name:
		 	Title:

  

			
	GRANTEE	 	
		
	 	 	 
	Name:	 	

  
 5EX-10.3

 Exhibit 10.3 

BIOATLA, INC. 
 EMPLOYEE
STOCK PURCHASE PLAN 
 Adopted by the Board of Directors December 7, 2020 

Approved by the Stockholders December 7, 2020 
  

 BIOATLA, INC. 

EMPLOYEE STOCK PURCHASE PLAN 

SECTION 1. PURPOSE OF THE PLAN. 

The BioAtla, Inc. Employee Stock Purchase Plan (the “Plan”) is intended to provide Eligible Employees (as defined below) the
opportunity to increase their proprietary interest in BioAtla, Inc. (the “Company”) by conveniently purchasing shares of the Company’s common stock, par value $0.001 per share (the “Stock”). The Plan is
composed of two components: a 423 Component and a Non-423 Component. The 423 Component is intended to qualify under Section 423 of the Internal Revenue Code of 1986, as amended (the
“Code”). Accordingly, the provisions of the 423 Component will be construed in a manner consistent with the requirements of Section 423 of the Code. The Plan also authorizes participation in the Plan under the Non-423 Component under terms that do not meet the requirements of Section 423 of the Code. The Company shall be permitted to grant rights to purchase Stock under separate offerings not having identical terms
(provided that such terms are not inconsistent with the terms of the Plan and, with respect to an offering under the 423 Component, the requirements of Section 423 of the Code), and offerings may run concurrently (in whole or in part) with each
other. Each offering under the Non-423 Component shall be separate and distinct from (and shall not be included in or be part of) any offering under the 423 Component, and each offering to a Participating
Company shall be treated as an offering that is separate from any other offering made to another Participating Company, in each case, even if such offerings are running concurrently (in whole or in part) and/or have common terms and conditions. 

SECTION 2. DEFINITIONS. 

(a) “423 Component” means the portion of the Plan under which any right to purchase Stock shall be granted in a manner that is
intended to satisfy the requirements of Section 423 of the Code. 
 (b) “Affiliate” means any branch or representative
office or other disregarded entity of the Company or a Subsidiary, as determined by the Committee, whether now or hereafter existing. 
 (c)
“Board” means the Board of Directors of the Company, as constituted from time to time. 
 (d) “Change in
Control” shall have the meaning set forth in the Company’s most recently adopted equity incentive plan as of the date of determination, as in effect from time to time. 

(e) “Committee” means the duly constituted committee appointed by the Board to administer the Plan, as described in
Section 3 of the Plan. If no such committee is appointed, the Compensation Committee of the Board shall be the Committee. 
  

 (f) “Compensation” means all of an Eligible Employee’s base salary or
wages. “Compensation” shall exclude (i) commissions, bonuses and special incentive payments, (ii) equity compensation and income attributable to equity-based awards (including, without limitation, amounts realized from the
exercise of any stock option and any dividends paid with respect to equity awards), (iii) all non-cash items, (iv) pre-tax contributions made by the
Participant under Sections 401(k) or 125 of the Code or under any similar arrangements available under laws outside the United States and (v) allowances and other miscellaneous payments, including, without limitation, moving or relocation
allowances, cost-of-living equalization payments, car allowances, tuition reimbursements, imputed income attributable to cars or life insurance, severance pay, fringe
benefits and benefits received under employee benefit plans. The Committee shall determine whether a particular item not listed in this Section 2(f) is included in Compensation. 

(g) “Effective Date” means the date that the Plan is approved by the stockholders of the Company. 

(h) “Eligible Employee” means any individual who (i) is an Employee of a Participating Company and (ii) does not own
5% or more of the total combined voting power or value of all classes of stock of the Company or any Parent or Subsidiary, including, for purposes of this provision, through application of the rules of Section 424(d) of the Code. The foregoing
notwithstanding, an individual who is a citizen or resident of a jurisdiction other than the United States (even if he or she is also a citizen of the United States or a resident alien) shall not be considered an Eligible Employee if, as determined
in the sole discretion of the Committee, (i) his or her participation in the Plan is prohibited by the laws or regulations of any country which has jurisdiction over him or her or (ii) compliance with the laws and regulations of the
foreign country that has jurisdiction over him or her would cause the Plan or an offering under the 423 Component to violate Section 423 of the Code. 

(i) “Employee” means an individual who is a common-law employee of a Participating
Company and, if such employee is employed in the United States, whose earnings are reported on a Form W-2. For the avoidance of doubt, the term “Employee” shall not include any consultant,
independent contractor or non-employee director of a Participating Company. 
 (j) “Fair
Market Value” means, on any given date (i) if the Stock is listed on any established U.S. stock exchange or a U.S. national market system, the closing sales price for such Stock as quoted on such exchange or system on the day of
determination, as reported in The Wall Street Journal or such other source as the Committee deems reliable (or, if no closing sales price was reported on that date, as applicable, on the last preceding trading date such closing sales price
was reported); (ii) if the foregoing clause (i) does not apply, then if the Stock is regularly quoted by a recognized U.S. securities dealer but selling prices are not reported, the mean between the high bid and low asked prices for the
Stock on the day of determination (or, if no bids and asks were reported on that date, as applicable, on the last preceding trading date such bids and asks were reported); or (iii) if the foregoing clauses (i) and (ii) do not apply, such
value as the Committee in its discretion may in good faith determine in accordance with Section 423 of the Code. 

  
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 (k) “Non-423 Component” means the
portion of the Plan under which the right to purchase Stock may be granted in a manner that is not intended to satisfy the requirements of Section 423 of the Code. 

(l) “Offering Period” means a period with respect to which the right to purchase Stock may be granted under the Plan, as
determined pursuant to Section 4(a) of the Plan. 
 (m) “Parent” has the meaning given to such
term under U.S. Treasury Regulation Section 1.424-1(f). As used in the Plan, “Parent” shall mean a Parent of the Company. 

(n) “Participant” means an Eligible Employee who elects to participate in the Plan, as provided in
Section 4(b) of the Plan. 
 (o) “Participating 423 Company” means any of the following that is
designated by the Committee as participating in the 423 Component: (i) the Company, (ii) any present or future Parent and/or (iii) any present or future Subsidiary. 

(p) “Participating Company” means each Participating 423 Company and Participating
Non-423 Company. 
 (q) “Participating Non-423
Company” means any of the following that is designated by the Committee as participating in the Non-423 Component: (i) the Company, (ii) any present or future Parent, (iii) any present
or future Subsidiary and/or (iv) any present or future Affiliate. Unless determined otherwise by the Committee, only entities incorporated or formed outside of the United States shall be Participating
Non-423 Companies. 
 (r) “Plan Account” means the account established for each
Participant pursuant to Section 8(a) of the Plan. 
 (s) “Purchase Price” means the price at which
Participants may purchase Stock under the Plan, as determined pursuant to Section 8(b) of the Plan. 
 (t)
“Subsidiary” means a subsidiary corporation of the Company as that term is defined in Section 424(f) of the Code. 

SECTION 3. ADMINISTRATION OF THE PLAN. 

(a) General. The Plan shall be administered by the Committee. To the extent permitted by applicable law, the Committee may delegate some
or all of its authority with respect to the Plan to any executive officer of the Company or any other person or persons designated by the Committee, in each case, acting individually or as a committee. 

  
 3 

 (b) Committee Authorities. The Committee shall have the exclusive power and authority
to administer the Plan, including, without limitation, the right and power to interpret the provisions of the Plan and make all determinations deemed necessary or advisable for the administration of the Plan (including, without limitation, a
determination as to whether a Change in Control has occurred, whether to designate the Company, a Parent or Subsidiary as a Participating 423 Company or as a Participating Non-423 Company and whether to
establish separate offerings). All such actions, interpretations and determinations that are done or made by the Committee shall be final, conclusive and binding on the Company, the Participating Companies, the Participants and all other parties and
shall not subject the Committee (or its members) to any liability. 
 SECTION 4. ENROLLMENT AND PARTICIPATION. 

(a) Offering Periods. Two Offering Periods shall commence in each calendar year, which shall be the periods commencing on January 1
and ending on June 30 and commencing on July 1 and ending on December 31; provided, however, that the first Offering Period may commence on a different date as determined by the Committee, but shall end on June 30 of the year
commenced if commenced prior to June 30 or on December 31 of the year commenced if commenced after June 30. 
 (b)
Enrollment. Any individual who, on the day preceding the first day of an Offering Period, qualifies as an Eligible Employee may elect to become a Participant in the Plan for such Offering Period by executing the enrollment form prescribed for
this purpose by the Committee. The enrollment form shall be filed with the Company or its designee according to procedures established by the Committee. 

(c) Duration of Participation. Once enrolled in the Plan, a Participant shall continue to participate in the Plan (according to the
elections made on the Participant’s most recently-filed enrollment form) until he or she ceases to be an Eligible Employee, withdraws from the Plan under Section 6(a) of the Plan or reaches the end of the Offering
Period in which his or her contributions were discontinued under Section 5(c) or Section 9(b) of the Plan. A Participant who discontinued his or her contributions under
Section 5(c) of the Plan or withdrew from the Plan under Section 6(a) of the Plan may again become a Participant, if he or she then is an Eligible Employee, by following the procedure described in
Section 4(b) of the Plan. A Participant whose employee contributions were discontinued automatically under Section 9(b) of the Plan shall automatically resume participation at the beginning of the
next Offering Period in which such Participant’s participation would not be limited by Section 9(b) of the Plan, if he or she then is an Eligible Employee. 

SECTION 5. EMPLOYEE CONTRIBUTIONS. 

(a) Frequency of Employee Contributions. A Participant may make contributions to the Plan for purchasing shares of Stock by means of
payroll deductions (unless payroll deductions are not permitted under applicable laws or regulations or unless the Company determines that another means of making employee contributions is necessary or appropriate for legal or administrative
reasons). 

  
 4 

 (b) Amount of Employee Contributions. An Eligible Employee shall designate on the
enrollment form the portion of his or her Compensation that he or she elects to contribute to the Plan with respect to the applicable Offering Period. Such portion shall be a whole percentage of the Eligible Employee’s Compensation, on an after-tax basis, but not less than 1% nor more than 15% of the Eligible Employee’s Compensation with respect to the applicable Offering Period. A Participant may not change the rate of his or her contributions
during an Offering Period unless the Participant seeks (i) to discontinue contributions under Section 5(c) of the Plan or (ii) to withdraw from the Plan under Section 6(a) of the Plan,
and, in either such case, the Company will cease contributions on behalf of the Participant as soon as reasonably practicable (which may not be until the payroll period following receipt of the applicable form or later). 

(c) Discontinuing Employee Contributions. A Participant may discontinue contributions by filing a new enrollment form. Any contributions
made from payroll shall cease as soon as reasonably practicable (which may not be until the payroll period following receipt or later). A Participant who has discontinued employee contributions may not resume such contributions until the next
Offering Period. If a Participant discontinues contributions, previously made contributions shall remain in the Participant’s Plan Account (and will be used to purchase shares) unless and until the Participant withdraws from the Plan in
accordance with the provisions of Section 6 of the Plan. 
 SECTION 6. WITHDRAWAL FROM THE PLAN. 

(a) Withdrawal. A Participant may elect to withdraw from the Plan by filing the prescribed form with the Company or its designee at any
time before the last day of an Offering Period. As soon as reasonably practicable thereafter, contributions shall cease and all employee contributions made by the Participant for the then current Offering Period shall be refunded to the Participant
in cash, without interest. No partial withdrawals shall be permitted. 
 (b) Re-enrollment After
Withdrawal. A former Participant who has withdrawn from the Plan shall not be a Participant until he or she re-enrolls in the Plan under Section 4(b) of the Plan. Re-enrollment shall be effective only at the commencement of an Offering Period. 
 SECTION 7. CHANGE
IN EMPLOYMENT STATUS. 
 (a) Termination of Employment. Termination of employment with a Participating Company, or otherwise
ceasing to be an Eligible Employee, for any reason, including death, shall be treated as an automatic withdrawal from the Plan under Section 6(a) of the Plan, unless, with respect to an offering under the Non-423 Component, otherwise required by applicable laws or regulations. A transfer from one Participating Company to another shall not be treated as a termination of employment. 

  
 5 

 (b) Leave of Absence. For purposes of the Plan, employment shall not be deemed to
terminate when the Participant goes on a military leave, a sick leave or another bona fide leave of absence, if the leave was approved by a Participating Company in writing or if such leave of absence is protected under applicable laws or
regulations. Employment shall be deemed to terminate in any event when the approved leave ends, unless the Participant immediately returns to work. 

(c) Death. In the event of the Participant’s death, any amounts then held in the Participant’s Plan Account and any shares of
Stock then held in the Participant’s name by the Company or the broker designated by the Company shall be paid or transferred to the Participant’s estate or as otherwise required by applicable laws of descent and distribution, or as may be
otherwise provided pursuant to Section 8(e) of the Plan. 
 SECTION 8. PLAN ACCOUNTS AND PURCHASE OF SHARES.

 (a) Plan Accounts. The Company shall maintain a Plan Account on its books in the name of each Participant. Whenever an amount
is contributed to the Plan, such amount shall be credited to the Participant’s Plan Account. Amounts credited to Plan Accounts shall not be trust funds and may be commingled with the general assets of the Company or any Parent or Subsidiary and
applied to general corporate purposes, unless otherwise required by applicable law or regulation. Unless required by applicable law or regulation, no interest will be paid or credited with respect to any amounts held in a Participant’s Plan
Account. 
 (b) Purchase Price. The Purchase Price for each share of Stock purchased at the close of an Offering Period shall be the
lesser of: 
 (i) 85% of the Fair Market Value of such share on the last day of such Offering Period; or 

(ii) 85% of the Fair Market Value of such share on the first day of such Offering Period. 

The Committee may round the Purchase Price up (but not down) to a whole cent, and in no event shall the Purchase Price be less than the par value of the shares
of Stock being purchased. 
 (c) Number of Shares Purchased. As of the last day of each Offering Period, each Participant shall be
deemed to have elected to purchase the number of shares of Stock calculated in accordance with this Section 8(c), unless the Participant has withdrawn from the Plan under Section 6(a) or
Section 7 of the Plan. The amount then in the Participant’s Plan Account shall be divided by the Purchase Price, and the number of shares that results shall be purchased with the funds in the Participant’s Plan
Account. The foregoing notwithstanding, no Participant shall purchase more than 10,000 shares of Stock (subject to adjustment pursuant to Section 14(b) of the Plan) with respect to any Offering Period (or, if the Board
determines that a different number of Offering Periods shall commence in each calendar year in accordance with Section 4(a) of the Plan, a proportionate number of shares of Stock (subject to adjustment pursuant to
Section 14(b) of the Plan) with respect to any Offering Period) nor more than the amounts of Stock set forth in Sections 9(b) and 14(a) of the Plan. The Committee may determine with
respect 

  
 6 

 
to all Participants that any fractional share, as calculated under this Section 8(c), shall be (i) rounded down to the next lower whole share (with the Purchase
Price for such fractional share to be carried over to the next Offering Period as provided in Section 8(g) of the Plan) or (ii) credited as a fractional share. To the extent permitted by law, the Committee may adjust
the individual share limit set forth in this Section 8(c) from time to time without stockholder approval, provided that any such change shall not apply until the Offering Period commencing after such change is made. 

(d) Available Shares Insufficient. In the event that the aggregate number of shares of Stock that all Participants elect to purchase
during an Offering Period exceeds the maximum number of shares of Stock remaining available for issuance under Section 14(a) of the Plan, then the number of shares of Stock a Participant shall purchase shall be determined
by multiplying the number of shares of Stock available for issuance by a fraction, the numerator of which is the number of shares of Stock that such Participant has elected to purchase and the denominator of which is the number of shares of Stock
that all Participants have elected to purchase. 
 (e) Issuance of Shares. Shares of Stock shall be issued either in book entry form
or in certificates. Certificates, if any, representing the shares of Stock purchased by a Participant under the Plan shall be issued to the Participant, or book entry in the Participant’s name shall be made, as soon as reasonably practicable
after the close of the applicable Offering Period, except that the Committee may determine that such certificates shall be held for each Participant’s benefit by a broker designated by the Committee. Shares may be registered in the name of the
Participant or jointly in the name of the Participant and his or her spouse as joint tenants with right of survivorship or as community property or in such other manner of taking title as may be permitted under applicable law or regulation;
provided, however, that unless otherwise required by applicable law or specified by the Participant in writing, shares of Stock purchased under the Plan will be registered in the name of the Participant. 

(f) Transfer of Shares. If certificates representing shares of Stock are not otherwise issued to the Participant in connection with the
purchase of such shares at the end of an Offering Period, a Participant may elect to transfer any number of shares of Stock previously purchased under the Plan by providing notification and transfer instructions to Company or the broker designated
by the Company, in accordance with procedures established under the Plan. As soon as administratively practicable following receipt of a Participant’s election to transfer shares of Stock, the Company or the designated broker shall cause a
transfer of the shares or a certificate representing the number of shares to be transferred to be delivered to the Participant or a broker designated by the Participant. 

(g) Unused Cash Balances. Any amount remaining in the Participant’s Plan Account that represents the Purchase Price for whole
shares that could not be purchased by reason of Section 8(c), Section 9(b) or Section 14(a) of the Plan or otherwise shall be refunded to the Participant in cash, without
interest, promptly after the end of the applicable Offering Period. 

  
 7 

 SECTION 9. LIMITATIONS ON STOCK OWNERSHIP. 

(a) Five Percent Limit. Any other provision of the Plan notwithstanding, no Participant shall be granted a right to purchase Stock under
the Plan if such Participant, immediately after his or her election to purchase such Stock, would own stock possessing 5% or more of the total combined voting power or value of all classes of stock of the Company or any Parent or Subsidiary. For
purposes of this Section 9(a), the following rules shall apply: 
 (i) the attribution rules of
Section 424(d) of the Code shall be applied in determining ownership of Stock; 
 (ii) each Participant shall be deemed
to own any stock that he or she has a right or option to purchase under this Plan or any other plan or arrangement; and 

(iii) each Participant shall be deemed to have the right to purchase under this Plan with respect to each Offering Period
10,000 shares of Stock (as adjusted pursuant to Section 8(c) of the Plan), subject to adjustment pursuant to Section 14(b) of the Plan. 

(b) Dollar Limit. Any other provision of the Plan notwithstanding, consistent with Treasury Regulation
Section 1.423-2(i), no Participant shall purchase Stock under this Plan and all other employee stock purchase plans of the Company or any Parent or Subsidiary at a rate that exceeds $25,000 in fair market
value of the Stock (determined at the time the option is granted) for each calendar year in which any option granted to the Participant is outstanding at any time. 

For purposes of this Section 9(b), the Fair Market Value of Stock shall be determined as of the first day of the Offering Period in
which such Stock is purchased. Employee stock purchase plans not described in Section 423 of the Code shall be disregarded. If a Participant is precluded by this
 Section 9(b) from purchasing additional Stock under the
Plan, then his or her employee contributions shall automatically be discontinued, and shall resume (in accordance with the Participant’s most recently-filed enrollment form) on the first day of the earliest Offering Period in which this

Section 9(b) would not prohibit such participation, provided that he or she then is an Eligible Employee. 
 SECTION 10. RIGHTS
NOT TRANSFERABLE. 
 The rights of any Participant under the Plan, or the interest in any Stock or moneys to which any Participant may be
entitled under the Plan, shall not be transferable by voluntary or involuntary assignment or by operation of law, or in any manner other than by beneficiary designation or the laws of descent and distribution. If a Participant attempts to transfer,
assign or otherwise encumber his or her rights or interest under the Plan, other than as permitted by this Section 10, such act shall be treated as an election by the Participant to withdraw from the Plan under
Section 6(a) of the Plan. 

  
 8 

 SECTION 11. NO RIGHTS AS AN EMPLOYEE. 

Nothing in the Plan or in any right granted under the Plan shall confer upon the Participant any right to continue in the employ of a
Participating Company for any period or interfere with or otherwise restrict in any way the rights of the Participating Companies or of the Participant, which rights are hereby expressly reserved by each, to terminate his or her employment at any
time and for any reason, with or without cause, to the fullest extent permitted by applicable laws or regulations. 
 SECTION 12. NO
RIGHTS AS A STOCKHOLDER. 
 A Participant shall have no rights as a stockholder with respect to any shares of Stock that he or she may
have a right to purchase under the Plan until such shares have been purchased on the last day of the applicable Offering Period. 

SECTION 13. SECURITIES LAW REQUIREMENTS. 

Shares of Stock shall not be issued under the Plan unless the issuance and delivery of such shares comply with (or are exempt from) all
applicable requirements of law, including, without limitation, the U.S. Securities Act of 1933, as amended, the rules and regulations promulgated thereunder, all state securities laws and regulations, any applicable
non-U.S. securities laws and regulations, and the regulations of any stock exchange or other securities market on which the Company’s securities are then traded. 

SECTION 14. STOCK OFFERED UNDER THE PLAN. 

(a) Authorized Shares. The aggregate number of shares of Stock available for purchase under the Plan as of the Effective Date shall be
464,829, and on January 1st of each year during which the Plan is in effect, the number of shares available for purchase under the Plan shall be increased by the lesser of (x) 1.0% of the number
of shares of Stock outstanding as of the immediately preceding December 31 (calculated on a fully diluted basis), (y) 929,658 shares of Stock and (z) such lesser number of shares of Stock as the Board may determine, in each case, as
subject to adjustment as provided in this Section 14. Shares of Stock issued under the Plan may be shares already outstanding or newly issued or treasury shares. 

(b) Changes in Capitalization. In the event of a reorganization, recapitalization, stock split,
spin-off, split-off, split-up, stock or extraordinary cash dividend or other distribution, combination of shares, merger,
amalgamation, consolidation or any other change in the corporate structure of the Company, or a sale by the Company of all or part of its assets, the Committee shall make such adjustments to the aggregate number of shares of Stock offered under the
Plan, the maximum annual increase number in clause (y) of Section 14(a) of the Plan, the share limitation described in Section 8(c) of the Plan (and the corresponding number of shares
specified in clause (iii) of Section 9(a) of the Plan) and/or the price of shares that any Participant has elected to purchase under the Plan as may be necessary to prevent the dilution or enlargement of
Participants’ rights. The Plan shall in no event be construed to restrict in any way the Company’s right to undertake a dissolution, liquidation, merger, amalgamation, consolidation or other reorganization or corporate transaction of any
kind or type. 

  
 9 

 (c) Change in Control. Any other provision of the Plan notwithstanding, immediately
prior to the effective time of a Change in Control, the Plan shall terminate and shares shall be purchased pursuant to Section 8 of the Plan as if the Offering Period during which such Change in Control occurs was scheduled
to end on the day immediately preceding such Change in Control, unless the Plan is expressly assumed by the surviving corporation, the buyer or an affiliate of the foregoing. In addition, in anticipation of a Change in Control, the Committee may
take any action under the Plan as it deems necessary or appropriate, including, without limitation, terminating the Plan and preventing Participants from continuing or increasing their contributions to the Plan. 

SECTION 15. WITHHOLDING 

To the extent any payments or distributions under the Plan are determined by any Participating Company to be subject to U.S. Federal, state or
local taxes, or the taxes of a jurisdiction other than the United States, the Participating Company is authorized (but not obligated) to withhold any required taxes. The Participating Company may satisfy any withholding obligation by
(i) withholding shares of Stock purchased under the Plan; (ii) withholding from the proceeds from the sale of shares of Stock purchased under the Plan, either through a voluntary sale or through a mandatory sale arranged by the Company;
(iii) deducting cash from a Participant’s Plan Account; (iv) deducting cash from a Participant’s other cash compensation payable to him or her by any Participating Company or (v) any other method deemed appropriate by the
Participating Company, in each case, as approved by the Committee. A Participant’s election to participate in the Plan authorizes any Participating Company to take any of the actions described in the preceding sentence. 

SECTION 16. GOVERNING LAW 

To the extent that U.S. Federal laws do not otherwise control, the validity and construction of the Plan shall be construed and enforced in
accordance with the laws of the State of Delaware, without giving effect to the choice of law principles thereof. 
 SECTION 17. NON-423 COMPONENT AND SUB-PLANS 
 The Board and/or the
Committee may adopt procedures and sub-plans to this Plan that are necessary or appropriate to permit or facilitate participation in the Plan by Eligible Employees who are employed or located in a jurisdiction
other than the United States or to generally operate the Plan in jurisdictions outside the United States (provided that such procedures or sub-plans would not result in (i) the Plan failing to be eligible
to qualify under Section 423 of the Code or (ii) any offering under the 423 Component not complying with Section 423 of the Code). Without limiting the generality of, but consistent with, the foregoing, the Board and/or the Committee
are expressly authorized to adopt rules, procedures, and sub-plans, which, for purposes of the Non-423 Component, may be beyond the scope of Section 423 of the
Code, regarding, without limitation, eligibility to participate in the Plan, excluding Employees in certain countries under the Non-423 Component (even 

  
 10 

 
if employed by a Participating Company), handling and making of employee contributions under the Plan, satisfying payroll taxes, determining beneficiaries, withholding procedures and issuances of
Stock, any of which may vary from time to time and between jurisdictions, as determined by the Board and/or the Committee. 
 SECTION 18.
TAX QUALIFICATION. 
 The 423 Component is intended to be exempt from the application of Section 409A of the Code under Section 1.409A-1(b)(5)(ii) of the U.S. Treasury Regulations. Purchases of stock by Participants who are U.S. taxpayers participating in the Non-423 Component are intended
to be exempt from the application of Section 409A of the Code under the short-term deferral exception and any ambiguities will be construed and interpreted in accordance with such intent. Subject to the provisions of this Section 18,
Participants who are U.S. taxpayers participating in the Non-423 Component shall be subject to such terms and conditions as shall permit his or her participation in the Plan to satisfy the requirements of the
short-term deferral exception to Section 409A of the Code, including the requirement that the shares subject to the right to purchase Stock under the Plan be delivered within the short-term deferral period. Notwithstanding the foregoing or any
other provision of the Plan to the contrary, neither the Company nor any Parent or Subsidiary shall have any liability to a Participant or any other person or entity if the right to purchase Stock under the Plan that is intended to be exempt from or
compliant with Section 409A of the Code is not so exempt or compliant or for any action taken by the Committee, the Board, the Company or any Parent or Subsidiary in relation thereto. Notwithstanding the foregoing or any other provision of the
Plan to the contrary, although the Company may endeavor to (i) qualify the 423 Component or Non-423 Component for special tax treatment under the laws and regulations of the United States or of a
jurisdiction other than the United States or (ii) avoid adverse tax treatment (e.g., under Section 409A of the Code), the Company makes no representation to that effect and expressly disavows any covenant to maintain special, or to avoid
unfavorable, tax treatment. The Company and each Parent and Subsidiary shall be unconstrained in their corporate activities without regard to any potentially negative tax impact on any one or more Participants. 

SECTION 19. SEVERABILITY. 

If any particular provision of the Plan is found to be invalid or otherwise unenforceable, such provision shall not affect the other provisions
of the Plan, and the Plan shall be construed in all respects as if such invalid provision were omitted. 
 SECTION 20. AMENDMENT AND
TERMINATION. 
 The Board shall have the right to amend, suspend or terminate the Plan, and to shorten an Offering Period (and refund
Participant contributions in the event of any such shortening, suspension or termination) at any time and without notice. Except as provided in Section 14 of the Plan, any increase in the aggregate number of shares of Stock
to be issued under the Plan shall be subject to approval by a vote of the stockholders of the Company. In addition, any other amendment of the Plan shall be subject to approval by a vote of the stockholders of the Company to the extent required by
applicable law, rule or regulation, including, without limitation, Section 423 of the Code. 
 [End of Plan] 

  
 11

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