Document:

EX-10.1

 Exhibit 10.1 
  

 
 November 16, 2021 

By Electronic Delivery 
 Lindsay Nelson 

4701 North Meridian Avenue 
 Apt 304 

Miami Beach, FL 33140 
  

	 	RE:	 Second Revised Confidential Separation Agreement and General Release 

Dear Lindsay: 
 This Second Revised Confidential
Separation Agreement and General Release (the “Agreement”) sets forth the understanding between you and Tripadvisor LLC (hereinafter the “Company”), relating to the termination of your employment with the Company,
and it supersedes and replaces both the Confidential Separation Agreement and General Release that you received on or about November 4, 2021 (“Original Agreement”) and the Revised Confidential Separation Agreement and General
Release you received on November 12, 2021. 
 The purpose of this Agreement is to establish an amicable arrangement for ending your
employment relationship, to release the Company from any claims, and to permit you to receive severance pay and related benefits. Your right to receive the benefits described below is subject to your timely and effective signature and delivery of
this Agreement and a supplemental release agreement (“Supplemental Release Agreement”). You have had at least fourteen (14) calendar days from your receipt of the Original Agreement to consider whether to sign this Agreement;
however you may not sign the Agreement any earlier than November 17, 2021. If you have not delivered a signed copy of this Agreement, either electronically via DocuSign or hard copy to Heather Meterparel,
TripAdvisor LLC, 400 1st Avenue, Needham MA, 02494 by November 19, 2021, your eligibility to receive the benefits described in
Section 2 below will terminate, because the offers in this Agreement will expire. 
 Your right to receive the severance pay and
benefits detailed below in Sections 2 and 3 is conditioned upon your execution of both the Agreement and the Supplemental Release Agreement. A copy of the Supplemental Release Agreement is attached as Exhibit A and will be provided to
you prior to your Termination Date; however, you may not sign the Supplemental Release Agreement any earlier than your Termination Date. 

1. Employment Status, Final Payments and Termination of Benefits. 

 

	 	(a)	 If you do not sign this Agreement within the time specified above, your employment with the Company will end on
November 24, 2021, hereinafter referred to as the “Termination Date”. Your salary and benefits will cease no later than the Termination Date, and any entitlement you have or might have under any Company-provided benefit
program will also end except as required by federal or state law or as otherwise described below. 

 400 1st Avenue,
Needham, MA 02494     |     www.tripadvisor.com     |     + (781) 800-5000 

 Lindsay Nelson 

November 16, 2021 
  Page
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	 	(b)	 You hereby resign from all positions as an officer or director held with Tripadvisor, Inc. and all of its
affiliates and subsidiaries, effective as of the Termination Date, and agree to sign and return such documents confirming the resignations as the Company or any of its subsidiaries may reasonably request. 

 

	 	(c)	 You will be paid for all wages earned but unpaid through the Termination Date. 

 

	 	(d)	 You will be paid for all vacation time accrued and unused through the Termination Date. 

 

	 	(e)	 You will be reimbursed for any business expenses incurred and approved through the Termination Date consistent
with Company policy, subject to the timely submission of properly documented business expense reports. 

  

	 	(f)	 Your rights under the federal law known as COBRA shall attach beginning the first day of the month following
your Termination Date and will entitle you to participate in in the Company’s group health plans or similar plans if those plans cease to exist, to the same extent you are participating in such plans as of your Termination Date, for a period of
up to eighteen (18) months from your Termination Date (this period of time may be extended if you are deemed eligible under the COBRA statute and meet the statutory requirements). To elect coverage, you must complete the COBRA enrollment
documents within 60 days of the date the COBRA notice is provided or the date your group health plan coverage terminates, whichever is later, and such timely elected coverage will be retroactive to the first day of the month following your
Termination Date. 

  

	 	(g)	 After the Termination Date, you will not be entitled to participate further in any Company
benefits plans, except as noted above in clause (f). For example, you will no longer accrue vacation benefits, and you will no longer be eligible to participate in the Company’s 401(k) plan, life insurance, or disability plans.

  

	 	(h)	 You will have ninety (90) days from your Termination Date to exercise any vested stock options in
accordance with the terms of the applicable Equity Incentive Plan. Unvested options and restricted stock units will terminate on your Termination Date. Performance stock options will be treated as a Termination of Employment without Cause, not
in connection with a Change of Control, under your PSU Award Documents. 

 Lindsay Nelson 

November 16, 2021 
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 2. Extension of Employment and Transition. If you sign this Agreement by the time
specified above, then the Company will extend your employment to February 28, 2022, such that the Termination Date for purposes of this Agreement shall mean February 28, 2022, and allow you to continue your employment in a transitional
role pursuant to the terms described in subsections (a)-(d) below. The extension of your employment will allow you to remain eligible to vest in certain equity grants and continue to be eligible for Company benefits through February 28, 2022.

  

	 	(a)	 During the period from January 10, 2022 through February 28, 2022 (the “Transition
Period”), you shall work on specific projects as determined by the Company’s Chief Executive Officer, shall continue to perform such other duties as directed by the Company’s Chief Executive Officer and cooperate with the Company in
the transition of your duties. You will continue to hold the title of Senior Vice President, but your employment will change from full-time to a 50% part-time schedule. 

 

	 	(b)	 During the Transition Period, the Company will pay you a base salary of Two Thousand Dollars ($2,000) bi-weekly (the “Transitional Base Salary”), representing payment for all hours worked by you for the Company, less applicable taxes and withholding, payable in accordance with the Company’s
standard payroll practices. You will not be eligible for a merit increase in 2022. 

  

	 	(c)	 While you are employed during the Transition Period, you will continue to be eligible to participate in the
employee benefit plans made available by the Company from time to time to its employees generally, subject to plan terms and generally applicable Company policies. You will accrue vacation time and be eligible for sick time based on your part-time
schedule and pursuant to the applicable policies. 

  

	 	(d)	 Your employment during the Transition Period will be treated as continued employment by the Company for
purposes of any Company equity plan, and all existing equity grants will continue to vest pursuant to their vesting schedules and the applicable Equity Incentive Plan. During the Transition Period, you will not be eligible to receive any new equity
grants. 

 Lindsay Nelson 

November 16, 2021 
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 3. Separation Pay and Other Benefits. After the Company’s timely receipt of the
Agreement and the Supplemental Release Agreement signed by you and after your return of all Company property as set forth in Section 4 below (the first day after all such conditions have been met will be the “Effective
Date”), the Company shall provide you with the payments and benefits described below. For the avoidance of doubt, the Company’s timely receipt of an executed copy of this Agreement and the Supplemental Release Agreement is an
express condition to your eligibility to receive the payments and benefits described in this Section 3 below. Moreover, your right to receive the benefits described below is subject to your continuing to satisfy through the Termination Date the
eligibility requirements set forth in Sections 2.1, 2.2 and 3.3 of the Tripadvisor, Inc. Executive Severance Plan and Summary Plan Description (the “Plan”). You agree that the separation pay and benefits are above and beyond any
payments otherwise owed to you under the terms of your employment with the Company and are not required by law. 
  

	 	(a)	 Subject to the offset conditions set forth in Section 8 below, the Company shall pay you twelve
(12) months of your regular base salary in effect on January 8, 2022, less applicable withholding taxes or other similar governmental payments or charges, as required, on the Company’s regular pay schedule, for the period of
March 1, 2022 through February 28, 2023. This payment is hereafter referred to as the Severance Payment. You expressly acknowledge and agree that the Severance Payment is in lieu of the salary continuation payments to which you
would otherwise be entitled under the Plan. 

  

	 	(b)	 Consistent with Section 3.1 of the Plan, if you are eligible under the federal law known as COBRA and the
Company’s group health plans to elect continued group health plan coverage (“Eligible”), and you timely elect such coverage, then for a period of twelve (12) months, provided you remain Eligible (the “Eligibility
Period”), you will be entitled to participate in those plans or a similar plan if those plans cease to exist, to the same extent you were participating as of the Termination Date and you will only be required to pay the premium contribution
required from active employees of the Company under the applicable group health plan. The Company will be responsible for the balance of the premium during the Eligibility Period, provided you pay your portion of the premium in a timely manner and
provided further that no such premium payments will be made by the Company following your death or the effective date of your coverage by a group health plan of a subsequent employer. At the end of the Eligibility Period (or your earlier death or
coverage by a group plan of a subsequent employer), the Company will no longer be obligated to pay premiums as described, and group health plan coverage will be continued only to the extent required by COBRA and the Company’s group health plans
and only to the extent you timely pay the full premium amount required for continuation of group health or dental plan coverage. 

 Lindsay Nelson 

November 16, 2021 
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	 	(c)	 Subject to the approval of the Compensation Committee of the Board of Directors of Tripadvisor, Inc., the
Company shall consider in good faith the payment of an annual bonus based on actual performance for 2021. If such bonus is paid, it will be calculated in the same manner as 2021 earned corporate bonuses are calculated for Tripadvisor employees
generally. If such bonus is paid, the bonus payment, less required withholding taxes or other similar governmental payments or charges, will be made at the same time that the 2021 earned corporate bonuses are paid to Tripadvisor
employees generally. 

 You specifically acknowledge and agree that the Company has made no representations regarding the
tax consequences of any amounts and benefits you receive pursuant to this Agreement. You agree to pay all taxes and/or tax assessments due to be paid by you, and to indemnify the Company for any claims, costs and/or penalties caused by your failure
to pay such taxes and/or tax assessments. 
 4. Return of Property. By signing below, you certify that you have returned to the
Company by the Termination Date all confidential and proprietary information and all other property belonging to the Company, including but not limited to documents, notes, customer lists and other information or materials (and all copies), as well
as any corporate cards, access cards, office keys, office equipment, laptop and desktop computers, cell phones and other wireless devices, thumb drives, zip drives and all other media storage devices. 

5. Release. By signing below, you make the following promises to the Company in consideration for your receipt of benefits under this
Agreement and the performance of its terms and conditions. Specifically: 
  

	 	(a)	 You voluntarily, irrevocably, and unconditionally release and discharge the Company from any and all
complaints, claims, demands, contracts, liabilities, actions, causes of action, promises, or rights of any nature whether known or unknown and whether in law or in equity which you now own or hold or have at any time owned or held against the
Company arising out of or in any way connected with your employment relationship with or separation from employment at the Company and any other transactions, occurrences, acts or omissions or any loss, damage or injury whatever, known or unknown,
resulting from any act or omission by or on the part of the Company committed or omitted on or prior to the date you sign this Agreement. Without limiting the generality of the foregoing, this release includes all claims under any federal, state or
local law or regulation (as any may have 

 Lindsay Nelson 

November 16, 2021 
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been amended) relating in any manner to employment, employment discrimination, harassment or retaliation, including but not limited to: Title VII of the Civil Rights Act of 1964, as amended; the
Age Discrimination in Employment Act; the Americans With Disabilities Act; the Equal Pay Act; the National Labor Relations Act; the Family and Medical Leave Act; the Worker Adjustment and Retraining Notification Act; the Massachusetts Fair
Employment Practices Law (Massachusetts General Laws Chapter 151B), the New York Human Rights Law, the New York City Human Rights Law, the Florida Civil Human Rights Act, and any human rights and fair employment practices laws (whether
statutory or common laws) of the state or states and localities in which you have provided services to the Company (each as amended); any and all wage and hour related claims to the maximum extent permitted by federal and state law, including but
not limited to claims under the Fair Labor Standards Act, the Massachusetts Payment of Wages Act (Massachusetts General Laws Chapter 149 section 148 and 150), the New York Wage Theft Prevention Act, and the Florida wage and hour laws; claims arising
from any contract, whether oral or written, express or implied; promissory estoppel; any tort, including, without limitation, misrepresentation, libel, slander, and fraud; any claim related to equity or other benefits, including claims under federal
or state securities laws; and any other statutory and/or common law claim. 

  

	 	(b)	 You specifically and expressly acknowledge that this Agreement is intended to include and extinguish all
claims, known and unknown, which exist up to and including the date you sign this Agreement and which arise from your employment with or separation from employment at the Company and that no possible claim against the Company would materially affect
or change your complete and voluntary acceptance of this Agreement, even if such claim were unknown at the time you signed this Agreement and discovered after that signing. 

 

	 	(c)	 You specifically and expressly acknowledge that you are not aware of any claims against the Company, or of any
violations of law, the Company’s Code of Conduct, or Company policies committed by the Company employees or agents. 

  

	 	(d)	 The payments and benefits set forth above in Sections 1 – 3 will be complete and unconditional payment,
settlement, accord and/or satisfaction with respect to all obligations and liabilities of the Company to you, including, without limitation, all claims for back wages, salary, vacation pay, draws, incentive pay, bonuses, restricted

 Lindsay Nelson 

November 16, 2021 
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stock units, stock and stock options, commissions, severance pay, reimbursement of expenses, any and all other forms of compensation or benefits, attorney’s fees, or other costs or sums. You
agree that your separation from the Company is final and that the Company has no obligation to consider you for rehire or reinstatement. 

  

	 	(e)	 Notwithstanding anything to the contrary in this Section 5, this release does not include the release of
any rights that cannot by law be released by private agreement, including but not limited those relating to unemployment compensation benefits, workers’ compensation benefits and vested 401(k) benefits. 

 

	 	(f)	 You specifically represent, warrant, and confirm that you have not made any claims or allegations to the
Company related to discrimination, sexual harassment, or sexual abuse, and that the payments set forth in this Agreement are not related to or intended to resolve claims or allegations of discrimination, sexual harassment, or sexual abuse.

 6. Construction. As used in Section 5 of this Agreement, the “Company” includes Tripadvisor LLC
and its former and present owners, parents, stockholders, predecessors, successors, assigns, agents, insurers, directors, employees, officers, subsidiaries, divisions and affiliates, and all persons acting by, under, or together with any of them.

 7. Future Conduct. 
  

	 	(a)	 You agree to keep the existence and terms of this Agreement (“Agreement-Related Information”) in the
strictest confidence and not reveal, unless legally compelled to do so, any Agreement-Related Information to any persons except your immediate family, your attorney, accountant and your financial advisors (provided that they first agree for the
benefit of the Company to keep Agreement-Related Information confidential), and except as necessary to complete tax returns or apply for unemployment benefits. Nothing in this Section 7 shall be construed to prevent you from disclosing
Agreement-Related Information to the extent required by a lawfully issued subpoena or duly issued court order; provided that you provide the Company with advance written notice and a reasonable opportunity to contest such subpoena or court
order. 

 Lindsay Nelson 

November 16, 2021 
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	 	(b)	 You agree that neither you nor anyone acting at your request or on your behalf will disparage, defame,
criticize or comment in any negative manner on the business, employment or personnel practices of the Company, its parent or any of their subsidiaries or affiliates, or any of their current, former or future officers, directors, shareholders,
investors, employees, representatives, agents or attorneys, except if testifying truthfully under oath pursuant to a lawful court order or subpoena or if participating in a federal, state or local agency proceeding. If you receive such a court order
or subpoena, you or your attorney must provide the Company with a copy of such court order or subpoena within two (2) business days of your receipt of it, notify the Company of the content of any testimony or information to be provided and
provide the Company with copies of all documents to be produced. 

  

	 	(c)	 You represent that no charges, complaints or actions of any kind have been filed by you or on your behalf
against the Company or any of its subsidiaries or affiliates with any federal, state or local court or agency. Nothing in this Agreement or the release and waiver of claims contained in Section 4 shall be construed to preclude you from filing a
charge of discrimination with the United States Equal Employment Opportunity Commission (“EEOC”) or equivalent state or local agency, participating in or cooperating with an investigation or proceeding by the EEOC or equivalent state or
local agency, or providing testimony in any proceeding before the EEOC or equivalent state or local agency. You agree that you will not be entitled to any monetary or other relief from the EEOC, state or local agency or from any court as a
result of litigation brought on the basis of or in connection with such charge, investigation or proceeding.

 Nothing in
this Agreement prohibits you from reporting possible violations of federal law or regulation to any governmental agency or entity, including but not limited to the Department of Justice, the Securities and Exchange Commission, the Congress, and any
agency Inspector General, or making other disclosures that are protected under the whistleblower provisions of federal law or regulation. You do not need the prior authorization of the Company to make any such reports or disclosures and you are not
required to notify the Company that you have made such reports or disclosures. 
  

	 	(d)	 You agree to assist and cooperate with the Company and its attorneys in connection with any proceeding brought
against or by the Company, in connection with any investigation of or by the Company, or in connection with any matter relating to services performed by you on behalf of the Company. You further agree to perform all acts and sign and deliver any
documents that may be necessary to carry out the provisions of this paragraph. The Company will reimburse you for reasonable expenses associated with this assistance. If you receive a subpoena for documents or other information from any person whose
interests are adverse to the Company (or such person’s attorney), you 

 Lindsay Nelson 

November 16, 2021 
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or your attorney must provide the Company with a copy of such subpoena within two (2) business days of your receipt of it, notify the Company of the content of any testimony or information
to be provided and provide the Company with copies of all documents to be produced. Nothing in this paragraph is intended to preclude you from cooperating with or participating in any investigation by a federal, state or local agency.

 For purposes of this Section 7, written notice to the Company shall be directed to: Chief Legal Officer, Tripadvisor
LLC, 400 1st Avenue, Needham, MA 02494. 
 8. Offset. If you obtain other
employment during the twelve month period in which you are receiving the Severance Payment, the Company shall have the right to offset against the Severance Payment the amount earned by your from another employer during that period. For purposes of
this Section 8, you agree that you shall inform the Company regarding your employment status following termination and during the period in which you are receiving the Severance Payment. The Company shall have the right to withhold Severance
Payment or to recover any Severance Payment if you fail to advise the Company of other employment. 
 9. Representations and Governing
Law. 
  

	 	(a)	 You and the Company acknowledge that in signing this Agreement they have not relied on any statements, promises
or representations made by the other party except as specifically memorialized in this Agreement. This Agreement is the complete agreement of the parties on or in any way related to the subject matter addressed in the Agreement and your employment
and separation from employment, and it supersedes and cancels all other previous agreements or understandings between the parties, except for the Nondisclosure, Developments and Non-Competition Agreement you
executed on October 2, 2018 (referred to as the “Restrictive Covenant Agreement”). The Restrictive Covenant Agreement will remain in full force and effect in accordance with its terms; however, to the extent that any provision
of this Agreement is inconsistent with the terms of the Restrictive Covenant Agreement, the terms of this Agreement shall apply. This Agreement specifically incorporates the Restrictive Covenant Agreement, and nothing herein precludes the continued
enforcement of the Restrictive Covenant Agreement. This Agreement cannot be modified or rescinded except upon the written consent of both you and the Company. 

 Lindsay Nelson 

November 16, 2021 
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	 	(b)	 If any provision of this Agreement (excluding Section 5) is held to be unenforceable, such provision will
be considered to be distinct and severable from the other provisions of this Agreement, and such unenforceability will not affect the validity and enforceability of the remaining provisions. If any provision of this Agreement is held to be
unenforceable as written but may be made enforceable by limitation, then such provision will be enforceable to the maximum extent permitted by applicable law. The language of all parts of this Agreement will in all cases be construed as a whole,
according to its fair meaning, and not strictly for or against any of the parties. 

  

	 	(c)	 You represent and warrant that you have the full power, capacity, and authority to enter into this Agreement
and have not assigned, pledged, encumbered or in any manner conveyed all or any portion of the potential claims covered by this Agreement. This Agreement shall be binding upon you and upon your marital community, heirs, administrators,
representatives and executors. This Agreement cannot be assigned by you, and it will be binding upon the Company’s successors and assigns. 

  

	 	(d)	 The validity, performance and enforceability of this Agreement will be determined and governed by the laws of
the Commonwealth of Massachusetts without regard to its conflict of laws principles. Any claims or legal actions by one party against the other shall be commenced and maintained in any state or federal court located in Massachusetts, and you hereby
submit to the jurisdiction and venue of any such court. In any such proceeding you agree to waive trial by jury and consent to have all legal and factual matters decided by a judge. 

 

	 	(e)	 The existence and execution of this Agreement will not be considered as an admission of any liability,
violation, error, or omission by you or the Company. 

  

	 	(f)	 This Agreement may be executed in any number of counterparts, including by facsimile, PDF or electronically,
each of which when so executed and delivered shall be taken to be an original, but all of which together shall constitute one and the same document. The parties also agree that an executed Agreement delivered electronically through DocuSign
technology or similar technology (or via facsimile, portable document format (PDF) (or similar technology), photocopy or photograph) shall be effective in the same manner and to the same extent as a manually executed Agreement.

 Lindsay Nelson 

November 16, 2021 
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 If you agree to the foregoing, kindly sign and return the enclosed copy of this letter. 

 

	
	Very truly yours,
	
	/s/ Beth Grous
	
	Beth Grous
	Chief People Officer

 I REPRESENT THAT I (A) HAVE READ AND FULLY UNDERSTAND THE TERMS AND CONDITIONS OF THIS AGREEMENT;
(B) HAVE HAD SUFFICIENT TIME TO CONSIDER THE AGREEMENT AND TO CONSULT ABOUT IT WITH ANY PERSON TO WHOM REFERENCE IS MADE IN SECTION 7 (A) ABOVE; AND (C) AM VOLUNTARILY AND WILLINGLY SIGNING IT. 

 

	
	Agreed and accepted:
	
	 /s/ Lindsay Nelson

	Lindsay Nelson
	
	Date: November 18, 2021EX-4.1.1

 Exhibit 4.1.1 

OCULII CORP. 
 2017
Stock Option Plan 
 1. Purpose. The purpose of this Plan is to promote share ownership by key employees, Directors and
consultants of Oculii Corp., a Delaware corporation, and its Subsidiaries, thereby reinforcing a mutuality of interest with other stockholders, and to enable the Company and the Subsidiaries to attract, retain and motivate key employees, Directors
and consultants by permitting them to share in its growth. 
 2. Definitions. As used in this Plan, 

“Affiliate” means, with respect to a Person, a Person that directly or indirectly Controls, or is Controlled by, or is under common
Control with such Person. 
 “Award” means a grant of Options pursuant to the provisions of the Plan. 

“Board” means the Board of Directors of the Company and, to the extent of any delegation by the Board to a committee (or
subcommittee thereof) pursuant to Section 12 of this Plan, such committee (or subcommittee). 
 “Cause” means
(i) conviction of, or the entry of a plea of guilty or no contest to, a felony or any other crime that causes the Company or its Affiliates public disgrace or disrepute, or materially and adversely affects the Company’s or its
Affiliates’ operations or financial performance or the relationship the Company has with its customers, (ii) gross negligence or willful misconduct with respect to the Company or any of its Affiliates, including, without limitation fraud,
embezzlement, theft or proven dishonesty in the course of his or her employment; (iii) alcohol abuse or use of controlled drugs other than in accordance with a physician’s prescription; (iv) refusal to perform any lawful, material
obligation or fulfill any duty (other than any duty or obligation of the type described in clause (vi) below) to the Company or its Affiliates (other than due to a Disability), which refusal, if curable, is not cured within 15 days after
delivery of written notice thereof; (v) material breach of any agreement with or duty owed to the Company or any of its Affiliates, which breach, if curable, is not cured within 15 days after the delivery of written notice thereof; or
(vi) any breach of any obligation or duty to the Company or any of its Affiliates (whether arising by statute, common law or agreement) relating to confidentiality, noncompetition, nonsolicitation or proprietary rights. Notwithstanding the
foregoing, if a Participant and the Company (or any of its Affiliates) have entered into an employment agreement, consulting agreement or other similar agreement that specifically defines “cause,” then with respect to such Participant,
“Cause” shall have the meaning defined in that employment agreement, consulting agreement or other agreement. 
 “Change in
Control” means a “Deemed Liquidation Event” as such term is defined in the Company’s certificate of incorporation (as in effect from time to time), or if such term is not defined in the Company’s certificate of
incorporation, then it shall mean, unless otherwise defined in an Award agreement, the occurrence of any one or more of the following: (i) the sale of all of the outstanding equity interests of the Company to an unrelated person or entity;
(ii) the sale of all or substantially all of the assets of the Company on a consolidated basis to an unrelated person or entity; (iii) a merger, 

  
 1 

 
reorganization or consolidation after which the holders of the voting stock of the Company immediately prior to such transaction (and their related persons or entities) own less than fifty
percent (50%) of the outstanding voting power of the surviving or resulting entity immediately upon completion of such transaction; or (iv) the dissolution or liquidation of the Company. 

“Code” means the Internal Revenue Code of 1986, as amended from time to time, and any successor thereto. 

“Control” means, as to any Person, the power to direct or cause the direction of the management and policies of such Person, whether
through the ownership of voting securities, by contract or otherwise (the terms “Controlled by” and “under common Control with” shall have correlative meanings). 

“Company” means Oculii Corp., a Delaware corporation, and any successor thereto. 

“Date of Grant” means the date as of which an Option is determined to be effective and designated in a resolution by the Board. The
Date of Grant shall not be earlier than the date of the resolution and action therein by the Board. 
 “Director” means a member
of the Board. 
 “Disability” means a condition rendering a Participant Disabled. 

“Disabled” with respect to a particular Participant will have the same meaning as set forth in any long-term disability policy or
program sponsored by the Company or any Subsidiary covering such Participant, as in effect as of the date of such determination, or if no such policy or program shall be in effect, “Disabled” will have the meaning as set forth in
Section 22(e)(3) of the Code. 
 “Fair Market Value” means, as of any given day, the amount determined in good faith by the
Board to be the fair market value of a Share on such day (which determination shall, to the extent applicable, be made in a manner that complies with Section 409A of the Code), and such determination shall be conclusive and binding for all
purposes.     
 “Incentive Stock Options” means Options that are intended to qualify as “incentive stock
options” under Section 422 of the Code or any successor provision. 
 “Initial Public Offering” means the first public
offering of the Company’s equity securities registered under the Securities Act of 1933, as amended, or any successor statute, or such other event as a result of which outstanding equity securities of the Company (or any successor entity) shall
be publicly traded. 
 “Nonqualified Stock Option” means an Option that is not intended to meet the requirements of
Section 422 of the Code or otherwise does not meet such requirements. 
 “Option” means the right to purchase Shares upon
exercise of an option granted pursuant to Section 4 of this Plan. 

  
 2 

 “Option Price” means the purchase price per Option Share payable on exercise of an
Option. 
 “Option Shares” means Shares acquired upon the exercise of an Option. 

“Participant” means a person who is selected by the Board to receive benefits under this Plan and who is at the time an employee,
Director, advisor, or consultant of the Company or a Subsidiary. 
 “Person” means an individual, partnership, corporation,
limited liability company, trust, joint venture, unincorporated association, or other entity or association. 
 “Plan” means this
2017 Stock Option Plan, as amended from time to time. 
 “Repurchase Right” means the Company’s right to repurchase Option
Shares as set forth in Section 5 of this Plan. 
 “Right of First Refusal” means the Company’s right of first refusal as
set forth in Section 6 of this Plan. 
 “Stockholder Agreement” means any stockholders’ agreement (including, but not
limited to, the Company’s bylaws and certificate of incorporation, if and as applicable, and as from time to time in effect) by and among, or otherwise binding, the Company and certain stockholders and/or one or more agreements among the
Company, a Participant (or such Participant’s estate, heirs or beneficiaries) and other parties thereto in such form determined from time to time by the Company in its sole discretion, that include terms and conditions that provide the Company
and/or other stockholders with (i) a right of first refusal or impose other restrictions with respect to the transfer of Shares, (ii) a voting agreement with respect to Shares, (iii) “drag-along” rights in favor of the
stockholders owning a specified threshold of Shares, (iv) “market standoff” or “lock-up” conditions, and (v) such other reasonable terms and conditions as the Board may require, if
any. 
 “Shares” means shares of the common stock, $0.00001 par value per share, of the Company or any security into which such
shares may be changed by reason of any transaction or event of the type referred to in Section 7. 
 “Stock Option Agreement”
means the agreement entered into by the Company and Participant pursuant to Section 8 of this Plan. 
 “Subsidiary” means any
corporation, company or other entity (i) more than 50 percent of whose outstanding shares or securities (representing the right to vote for the election of directors or other managing authority) are, or (ii) which does not have
outstanding shares or securities (as may be the case in a partnership, joint venture, limited liability company or unincorporated association), but more than 50 percent of whose ownership interest representing the right generally to make
decisions for such other entity is, now or hereafter, owned or controlled, directly or indirectly, by the Company. 

  
 3 

 “Ten Percent Stockholder” shall mean any Participant who owns more than 10% of the
combined voting power of all classes of stock of the Company, within the meaning of Section 422 of the Code. 
 3. Shares Available.
Subject to adjustment as provided in Section 7 of this Plan, the total number of Shares which may be issued and sold under Options granted pursuant to this Plan shall not exceed 748,757 Shares, any or all of which may be issued under
Incentive Stock Options. Such shares may be treasury shares or shares of original issue or a combination of the foregoing. 
 4.
Options. The Board may, from time to time and upon such terms and conditions as it may determine, authorize the granting of Options to Participants. Each such grant shall be subject to all of the requirements contained in the following
provisions and such other terms as the Board shall determine: 
 (a) Each grant shall specify the number of Shares to which it pertains and
shall separately designate whether the Options are intended to be Incentive Stock Options, Nonqualified Stock Options, or a combination of the foregoing. 

(b) Each grant shall specify an Option Price, which shall be at least equal to the Fair Market Value of a Share on the Date of Grant. In the
case of an Incentive Stock Option granted to a Ten Percent Stockholder, the Option Price shall be at least equal to one hundred ten percent (110%) of the Fair Market Value of a Share on the Date of Grant. 

(c) The Option Price shall be payable (i) in cash or by other consideration acceptable to the Company, (ii) by the actual or
constructive transfer to the Company of Shares owned by the Participant having a Fair Market Value at the time of exercise equal to the total Option Price, (iii) by a combination of such methods of payment, or (iv) any other method
approved or accepted by the Board in its sole discretion, including, if the Board so determines, a cashless exercise that complies with all applicable laws. 

(d) (i) Each grant shall specify the period or periods of continuous service by the Participant with the Company or any of its
Subsidiaries that is necessary before the Options or installments thereof will become exercisable and may provide for earlier exercise of the Option, including, without limitation, in the event of a Change in Control or similar event. Any grant may
specify performance conditions that must be satisfied as a condition to the exercise or early exercise of the Option. 
 (ii)
Notwithstanding the foregoing, any grant of Options may provide for the immediate exercisability of the Options, subject to the additional restrictions described in this paragraph (d)(ii). Option Shares so acquired may not be transferred, sold,
pledged, exchanged, assigned or otherwise encumbered or disposed of by the Optionee, except to the Company, until they have become vested in accordance with a vesting schedule set forth in the agreement evidencing the grant. Should the Optionee
terminate service while holding Option Shares that have not become vested, the Company shall have the right to repurchase, at the Option Price paid per share, any or all of those unvested Option Shares. The terms upon which such repurchase right
shall be exercisable (including the period and procedure for exercise and the appropriate vesting schedule for the purchased shares) shall be established by the Board and set forth in the document evidencing such repurchase right. Unless 

  
 4 

 
otherwise directed by the Board, all certificates representing unvested Option Shares shall be held in custody by the Company until all restrictions thereon have lapsed, together with a stock
power or powers, executed by the Optionee in whose name such certificates are registered, endorsed in blank and covering such Option Shares. The repurchase rights described in this paragraph (d)(ii) shall be in addition to the Repurchase Right
described in Section 5 of this Plan. 
 (e) Unless otherwise approved by the Board, each Option shall be subject to the Repurchase Right
and the Right of First Refusal in favor of the Company as specified in Sections 5 and 6 of this Plan, respectively. 
 (f) Except as
otherwise determined by the Board, no Option shall be transferable by the Participant except by will or the laws of descent and distribution. Except as otherwise determined by the Board, Options shall be exercisable during the Participant’s
lifetime only by the Participant or, in the event of the Participant’s legal incapacity to do so, the Participant’s guardian or legal representative acting on behalf of the Participant in a fiduciary capacity under state law and court
supervision. 
 (g) No Option shall be exercisable more than 10 years after the Date of Grant. In the case of an Incentive Stock Option
granted to a Ten Percent Stockholder, the Incentive Stock Option shall not be exercisable later than 5 years after its Date of Grant. 
 (h)
A Participant may exercise an Option in whole or in part at any time and from time to time during the period within which an Option may be exercised. To exercise an Option, a Participant shall give written notice to the Company specifying the number
of Shares to be purchased and provide payment of the Option Price and any other documentation that may be required by the Company. 
 (i) A
Participant shall be treated for all purposes as the owner of record of the number of Shares purchased pursuant to exercise of the Option (in whole or in part) as of the date such Shares are issued following the complete and valid satisfaction of
the conditions set forth in Section 4(h). 
 (j) To the extent required for Incentive Stock Option status under Section 422 of the
Code, the aggregate Fair Market Value (determined as of the Date of Grant) of the Shares with respect to which Incentive Stock Options are exercisable for the first time by the Participant during any calendar year under the Plan and/or any other
stock option plan of the Company (within the meaning of Section 424 of the Code) shall not exceed $100,000. To the extent any Option granted under the Plan which is intended to be an Incentive Stock Option exceeds the limitation set forth above
in this Section 4(j), such Option shall be treated as a Nonqualified Stock Option. 
 (k) Notwithstanding the foregoing provisions of
this Section 4, Incentive Stock Options may be granted only to eligible Participants who are “employees” (as defined in Section 3401(c) of the Code) of the Company, or a “parent” or “subsidiary” of the Company
(each as defined in Section 424(e) and (f) of the Code). Eligible Participants who are employees of a Subsidiary may be granted Options under the Plan only if the Subsidiary qualifies as an “eligible issuer of service recipient
stock” within the meaning of Section 409A of the Code. 

  
 5 

 (l) Termination of Service. 

(i) Notwithstanding anything to the contrary set forth in the Plan, if a Participant’s service with the Company or any Subsidiaries is
terminated for Cause: (i) any Option not already exercised will be immediately and automatically forfeited as of the date of such termination without consideration therefor, and (ii) any Option Shares for which the Company has not yet
delivered share certificates will be immediately and automatically forfeited and the Company will refund to the Participant the Option Price paid for such Option Shares, if any. 

(ii) If a Participant’s service with the Company or any of its Subsidiaries terminates by reason of death, any Option held by such
Participant may thereafter be exercised, to the extent then exercisable or on such accelerated basis as the Board may determine, at or after grant, by the legal representative of the estate or by the legatee of the Participant under the will of the
Participant, for a period expiring (1) at such time as may be specified by the Board at or after the time of grant (which, in the event that the Participant resides in the State of California, shall be no less than 6 months from the date of
termination), (2) if not specified by the Board, then 12 months from the date of death, or (3) if sooner than the applicable period specified under (1) or (2) above, then upon the expiration of the stated term of such Option. 

(iii) If a Participant’s service with the Company or any of its Subsidiaries terminates by reason of Disability, any Option held by such
Participant may thereafter be exercised by the Participant or his or her personal representative, to the extent it was exercisable at the time of termination, or on such accelerated basis as the Board may determine at or after grant, for a period
expiring (1) at such time as may be specified by the Board at or after the time of grant (which, in the event that the Participant resides in the State of California, shall be no less than 6 months from the date of termination), (2) if not
specified by the Board, then 12 months from the date of termination of service, or (3) if sooner than the applicable period specified under (1) or (2) above, then upon the expiration of the stated term of such Option. 

(iv) If a Participant’s service with the Company or any Subsidiary terminates for any reason other than death, Disability or Cause, any
Option held by such Participant may thereafter be exercised by the Participant, to the extent it was exercisable at the time of such termination, or on such accelerated basis as the Board may determine at or after grant, for a period expiring
(1) at such time as may be specified by the Board at or after the time of grant (which, in the event that the Participant resides in the State of California, shall be no less than 30 days from the date of termination), (2) if not specified by
the Board, then 90 days from the date of termination of service, or (3) if sooner than the applicable period specified under (1) or (2) above, then upon the expiration of the stated term of such Option. 

5. Company’s Repurchase Right. 

(a) The Company shall have the right to repurchase some or all of the Option Shares of a Participant upon the occurrence of any of the events
specified in Section 5(b) below (the “Repurchase Event”). The Repurchase Right may be exercised by the Company within 180 days following the date of such event (the “Repurchase Period”). The Repurchase Right shall be
exercised by the Company by giving the holder written notice on or before the last day of the Repurchase Period of its intention to exercise the Repurchase Right, and, together with such notice, tendering to the holder an amount equal to the Fair
Market Value of the Option Shares, as provided in Section 5(c); 

  
 6 

 
provided, however, that if the Repurchase Event was the termination of Participant’s employment or other service with the Company and its Subsidiaries for Cause, the amount
payable on exercise of the Repurchase Right shall equal the lesser of Fair Market Value of the Option Shares and the Option Price the Participant had paid for the exercise of the Option Shares. The Company may assign the Repurchase Right to one or
more persons. Upon exercise of the Repurchase Right in the manner provided in this Section 5(a), the Participant shall promptly deliver to the Company the stock certificate or certificates representing the Option Shares being repurchased, duly
endorsed and free and clear of any and all liens, charges and encumbrances. Upon the Company’s receipt of the certificates from the Participant (or at such later date as is determined to be necessary by the Board to avoid any breach by the
Company of any agreement to which it is a party), the Company shall deliver to the Participant a check for the purchase price of the Option Shares being purchased; provided, however, that the Company may pay the purchase price for such
Option Shares by offsetting and canceling any indebtedness then owed by the Participant to the Company. If Option Shares are not purchased under the Repurchase Right, the Participant and his or her successor in interest, if any, will hold any such
shares in his or her possession subject to all of the provisions of this Section 5 and Section 6 hereof. The Repurchase Right described in this Section 5 of the Plan shall be in addition to the rights of the Company described in
Section 4(d)(ii) of the Plan. 
 (b) Company’s Right to Exercise Repurchase Right. The Company shall have the Repurchase
Right in the event that any of the following events shall occur: 
 (i) The termination of the Participant’s employment or other
service with the Company and its Subsidiaries for any reason whatsoever, regardless of the circumstances thereof, and including without limitation upon death, disability, retirement, discharge or resignation for any reason, whether voluntary or
involuntarily; or 
 (ii) The (x) filing of a voluntary petition under any bankruptcy or insolvency law, or a petition for the
appointment of a receiver or the making of an assignment for the benefit of creditors, with respect to the Participant, or (y) the Participant being subjected involuntarily to a petition or assignment or to an attachment or other legal or
equitable interest with respect to his or her assets, which involuntary petition or assignment or attachment is not discharged within 60 days after its date or (z) the Participant being subject to a transfer of Option Shares by operation of
law, except by reason of death. 
 (c) Determination of Fair Market Value. For purposes of this Section 5, the Fair Market Value
of the Option Shares shall be determined by the Board as of a date no more than 90 days prior to the date on which the Company provides written notice (pursuant to Section 5(a)) of its exercise of the Repurchase Right. 

(d) Expiration of Company’s Repurchase Right. The Repurchase Right of the Company set forth in this Section 5 of the Plan
shall remain in effect until the closing of an Initial Public Offering. 
 (e) Other Company Documents. Notwithstanding the provisions
of this Section 5 or this Plan in general, the repurchase rights set forth herein shall be superseded by any similar or comparable rights or provisions to which the Participant is subject or made subject under or by any other Company agreement,
instrument or document. 

  
 7 

 6. Company’s Right of First Refusal. 

(a) Exercise of Right. If at a time other than within the period specified in Section 5(a) the Participant desires to transfer all
or any part of the Option Shares to any person other than the Company (an “Offeror”), the Participant shall: (i) obtain in writing an arms’ length, bona fide offer, subject only to customary (if any) closing conditions (the
“Offer”), for the purchase thereof from the Offeror; and (ii) give written notice (the “Option Notice”) to the Company setting forth the Participant’s desire to transfer such shares, which Option Notice shall be
accompanied by a photocopy of the Offer and shall set forth the name and address of the Offeror and the price and terms of the Offer. Upon receipt of the Option Notice, the Company shall have an assignable option to purchase any or all of such
Option Shares (the “Company Option Shares”) specified in the Option Notice, such option to be exercisable by giving, within 10 days after receipt of the Option Notice, a written counter notice to the Participant. If the Company elects to
purchase any or all of such Company Option Shares, it shall be obligated to purchase, and the Participant shall be obligated to sell to the Company, such Company Option Shares at the price and terms indicated in the Offer within 30 days from the
date of delivery by the Company of such counter notice. 
 (b) Sale of Option Shares to Offeror. The Participant may, for 60 days
after the expiration of the 10-day option period as set forth in Section 6(a), sell to the Offeror, pursuant to the terms of the Offer, any or all of such Company Option Shares not purchased or agreed to
be purchased by the Company or its assignee. If any or all of such Company Option Shares are not sold pursuant to an Offer within the time permitted above, the unsold Company Option Shares shall remain subject to the terms of this Section 6.

 (c) Adjustments for Changes in Capital Structure. If there shall be any change in the Shares of the Company through merger,
consolidation, reorganization, recapitalization, stock dividend, stock split, combination or exchange of shares, or the like, the restrictions contained in this Section 6 shall apply with equal force to additional and/or substitute securities,
if any, received by the Participant in exchange for, or by virtue of his or her ownership of, Option Shares. 
 (d) Failure to Deliver
Option Shares. If the Participant fails or refuses to deliver on a timely basis duly endorsed certificates representing Company Option Shares to be sold to the Company or its assignee pursuant to this Section 6, the Company shall have the
right to deposit the purchase price for such Company Option Shares in a special account with any bank or trust company, giving notice of such deposit to the Participant, whereupon such Company Option Shares shall be deemed to have been purchased by
the Company. All such monies shall be held by the bank or trust company for the benefit of the Participant. All monies deposited with the bank or trust company but remaining unclaimed for two years after the date of deposit shall be repaid by the
bank or trust company to the Company on demand, and the Participant shall thereafter look only to the Company for payment. The Company may place a legend on any certificate for Option Shares delivered to the Participant reflecting the restrictions
on transfer provided in this Section 6. 

  
 8 

 (e) Expiration of Company’s Right of First Refusal. The first refusal rights of
the Company set forth above shall remain in effect until the closing of an Initial Public Offering. 
 (f) Other Company Documents.
Notwithstanding the provisions of this Section 6 or this Plan in general, the rights of first refusal set forth herein shall be superseded by any similar or comparable rights or provisions to which the Participant is subject or made subject
under or by any other Company agreement, instrument or document. 
 7. Adjustments. The Board shall make or provide for such
adjustments in the Option Price and in the number or kind of shares or other securities covered by outstanding Options as the Board in its sole discretion determines to be equitably required in order to prevent dilution or enlargement of the rights
of Participants that would otherwise result from any (a) stock dividend, stock split, combination of shares, recapitalization or other change in the capital structure of the Company, (b) merger, consolidation, separation, reorganization,
partial or complete liquidation, issuance of rights or warrants to purchase stock, or (c) other corporate transaction or event having an effect similar to any of the foregoing. Moreover, in the event of any such transaction or event, the Board,
in its discretion, may provide in substitution for any or all outstanding Options under this Plan such alternative consideration (including cash) as it, in good faith, determines to be equitable in the circumstances and may require in connection
therewith the surrender of all Options so replaced. The Board may also make or provide for such adjustments in the number of shares specified in Section 3 of this Plan as the Board in its sole discretion, exercised in good faith, may determine
is appropriate to reflect any transaction or event described in this Section 7. Notwithstanding the foregoing, the Board shall not make any adjustment pursuant to this Section 7 that would (i) cause any Option intended to qualify as
an Incentive Stock Option to fail to so qualify, (ii) cause an Option that is otherwise exempt from Section 409A of the Code to become subject to Section 409A, or (iii) cause an Option that is subject to Section 409A of the
Code to fail to satisfy the requirements of Section 409A. 
 8. Stock Option Agreement; Stockholder Agreement. The form of each
Stock Option Agreement shall be prescribed, and any Stock Option Agreement evidencing an outstanding Option may with the concurrence of the affected Participant be amended, by the Board, provided that the terms and conditions of each Stock Option
Agreement and amendment are not inconsistent with this Plan and that no amendment shall adversely affect the rights of the Participant with respect to any outstanding Option without the Participant’s consent. The Board may require that, upon
exercise of any Award granted under the Plan, the Participant shall become party to, or otherwise agree to by bound by, (i) any Stockholder Agreement the Board may require and (ii) any other agreement the Board may require. 

9. Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant for
applicable tax purposes with respect to any Option under the Plan, the Participant shall pay to the Company, or make arrangements satisfactory to the Board regarding the payment of, any Federal, state, local, foreign or other taxes of any kind
required by law to be withheld with respect to such amount. Unless otherwise determined by the Board, the minimum required withholding obligations may be settled with Shares, including Shares that are part of the award that gives rise to the
withholding requirement. The obligations of the Company under this Plan shall be conditional on such payment or arrangements and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind
otherwise due to the Participant. 

  
 9 

 10. Governing Law. The Plan and all Options granted and actions taken thereunder
shall be governed by and construed in accordance with the laws of the State of Delaware. 
 11. Fractional Shares. The Company shall
not be required to issue any fractional Shares pursuant to this Plan. The Board may provide for the elimination of fractional Shares or for the settlement of fractional Shares for cash. 

12. Administration. This Plan shall be administered by the Board, which may from time to time delegate all or any part of its authority
under this Plan to a committee of not less than two Directors appointed by the Board. To the extent of any such delegation, references in this Plan to the Board shall also refer to the committee. A majority of the members of the committee shall
constitute a quorum, and any action taken by a majority of the members of the committee who are present at any meeting of the committee at which a quorum is present, or any actions of the committee that are unanimously approved by the members of the
committee in writing, shall be the acts of the committee. Any determination by the Board pursuant to any provision of this Plan shall be final, binding and conclusive. No member of the Board shall be liable for any act, omission, interpretation,
construction or determination made in connection with the Plan in good faith, and each member of the Board shall be entitled in all cases to indemnification and reimbursement by the Company in respect of any claim, loss, damage or expense (including
without limitation reasonable attorneys’ fees) arising or resulting therefrom to the fullest extent permitted by law, indemnification agreement, and/or under any directors’ and officers’ liability insurance coverage which may be in
effect from time to time. The Board shall have no obligation to treat Participants or eligible Participants uniformly, and the Committee may make determinations made under the Plan selectively among Participants who receive or who are eligible to
receive Options (whether or not such Participants or eligible Participants are similarly situated). Directors who are eligible for Awards or have received Awards may vote on any matters affecting the administration of the Plan or the grant of
Awards, except that no such member will act upon the grant of an Award to himself or herself, but any such member may be counted in determining the existence of a quorum at any meeting of the Board during which action is taken with respect to the
grant of Awards to himself or herself. 
 13. Lock-Up Agreement. The Company may, in its
discretion, require in connection with an Initial Public Offering that a Participant agree that any Option Share not be sold, offered for sale or otherwise disposed of for a period of time as determined by the Board, provided at least a majority of
the Company’s Directors and officers who hold Options or Shares at such time are similarly bound. 
 14. Foreign Employees. In
order to facilitate the making of any grant or combination of grants under this Plan, the Board may provide for such special terms for awards to Participants who are foreign nationals or who are employed by the Company or any Subsidiary outside of
the United States of America as the Board may consider necessary or appropriate to accommodate differences in local law, tax policy or custom. Moreover, the Board may approve such sub-plans or supplements to
or amendments, restatements or alternative versions of this Plan as it may consider necessary or appropriate for such purposes, without thereby affecting the terms of this Plan as in effect for any other purpose, and the Secretary or other
appropriate officer of the Company may certify any such document as having been approved and adopted in the same manner as this Plan. 

  
 10 

 15. Amendment, Etc. 

(a) The Board may at any time and from time to time amend the Plan in whole or in part. 

(b) In case of termination of employment or other service by reason of death, Disability or normal or early retirement, or in the case of
hardship or other special circumstances, of a Participant who holds an Option not immediately exercisable in full, the Board may, in its sole discretion, accelerate the time at which such Option may be exercised. 

(c) This Plan shall not confer upon any Participant any right with respect to continuance of employment or other service with the Company or
any Subsidiary, nor shall it interfere in any way with any right the Company or any Subsidiary would otherwise have to terminate such Participant’s employment or other service at any time. No individual shall have the right to be selected to
receive an Option under the Plan, or, having been so selected, to be selected to receive future Options. 
 (d) By accepting any benefit
under the Plan, each Participant and each person claiming under or through any such Participant shall be conclusively deemed to have indicated their acceptance and ratification of, and consent to, all of the terms and conditions of the Plan and any
action taken under the Plan by the Board or the Company, in any case in accordance with the terms and conditions of the Plan. 
 (e)
Notwithstanding anything to the contrary set forth in the Plan, upon or in anticipation of any Change in Control of the Company or any of its Affiliates, the Board may, in its sole and absolute discretion and without the need for the consent of any
Participant, take one or more of the following actions contingent upon the occurrence of that Change in Control: (i) cause any or all outstanding Options held by Participants affected by the Change in Control to become vested and immediately
exercisable, in whole or in part; (ii) cause any or all outstanding unvested Options held by Participants affected by the Change in Control to be cancelled without consideration therefor; (iii) cancel any Option in exchange for a
substitute option in a manner consistent with the requirements of Treas. Reg. §1.424-1(a) (notwithstanding the fact that the original Option may never have been intended to satisfy the requirements for
treatment as an Incentive Stock Option); or (iv) cancel any Option held by a Participant affected by the Change in Control in exchange for cash and/or other substitute consideration with a value equal to (A) the number of Shares subject to
that Option, multiplied by (B) the difference, if any, between the Fair Market Value per Share on the date of the Change in Control and the exercise price of that Option; provided, that if the Fair Market Value per Share on the date of
the Change in Control does not exceed the exercise price of any such Option, the Board may cancel that Option without any payment of consideration therefor. 

(f) Notwithstanding anything contained in the Plan or in a Stock Option Agreement to the contrary, in the event of a Change in Control, each
Participant shall, except to the extent otherwise determined by the Board, be subject to substantially the same escrow, indemnification and similar obligations, contingencies and encumbrances contained in the definitive agreement relating to the
Change in Control as other stockholders of the Company may be subject (including, without limitation, the requirement to contribute a proportionate number of Shares issued as a result of the exercise or 

  
 11 

 
vesting of an Award, or any cash or property that may be received upon exercise or exchange of an Award, to an escrow fund, or otherwise have a proportionate amount of such Shares, cash or other
property encumbered by the indemnification, escrow and similar provisions of such definitive agreement). By accepting an Award, a Participant agrees to execute such documents and instruments as the Board may reasonably require for the Participant to
be bound by such obligations. In the event that a Participant fails or refuses to execute such documents and instruments, such Participant’s Award (to the extent outstanding as of the date of the Change in Control) shall, unless otherwise
determined by the Board, be canceled and be of no further force and effect upon the consummation of a Change in Control. 
 16. Effective
Date. This Plan shall be effective immediately; provided, however, that the effectiveness of this Plan is conditioned on its approval by the stockholders of the Company in accordance with Delaware law within 12 months after the
date this Plan is adopted by the Board. All awards under this Plan shall be null and void if the Plan is not approved by the stockholders within such 12-month period. 

17. Securities Laws. The Board shall condition any Award upon compliance with applicable securities laws. The Board may require each
Participant to represent to and agree with the Company in writing that the Participant is acquiring securities of the Company for investment purposes and without a view to distribution thereof and as to such other matters as the Board believes are
appropriate. The certificate evidencing any Award and any securities issued pursuant thereto may include any legend which the Board deems appropriate to reflect any restrictions on transfer and compliance with applicable securities laws. All
certificates for Option Shares or other securities delivered under the Plan will be subject to such share-transfer orders and other restrictions as the Board may deem advisable under the rules, regulations, and other requirements of the Securities
Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, any stock exchange upon which the Option Shares are then listed, and any other applicable federal or state securities laws, and the Board may cause a legend or legends to be
put on any such certificates to make appropriate reference to such restrictions. 
 18. Invalid Provisions. In the event that any
provision of this Plan is found to be invalid or otherwise unenforceable under any applicable law, such invalidity or unenforceability will not be construed as rendering any other provisions contained herein as invalid or unenforceable, and all such
other provisions will be given full force and effect to the same extent as though the invalid or unenforceable provision was not contained herein. 

19. Term. No Option shall be granted pursuant to this Plan more than 10 years after the earlier of (a) the date on which this Plan
is first approved by the stockholders of the Company or (b) the date the Plan is adopted by the Board, but awards granted prior to such date shall continue in effect thereafter subject to the terms thereof and of this Plan. 

  
 12 

 20. Notices. Any notice to be given to the Company pursuant to the provisions of the
Plan will be given by registered or certified mail, postage prepaid, and, addressed, if to the Company to its Secretary (or such other person as the Company may designate in writing from time to time) at its principal executive office, and, if to a
Participant, to the address given beneath his or her signature on his or her Stock Option Agreement, or at such other address as such Participant may hereafter designate in writing to the Company. Any such notice will be deemed duly given on the
date and at the time delivered via personal, courier or recognized overnight delivery service or on the date five (5) days after the date of the mailing (which will be by regular, registered or certified mail). 

END OF DOCUMENT 

  
 13

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