Document:

EX-4.3

 Exhibit 4.3 

INVESTOR RIGHTS AGREEMENT 

by and among 
 CORSAIR GAMING,
INC. 
 and 
 CORSAIR GROUP
(CAYMAN), LP 
  
  

Dated [●], 2020 
  

 
  

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
			
	 ARTICLE I
	 	INTRODUCTORY MATTERS	  	 	1	 
			
	 1.1
	 	Defined Terms	  	 	1	 
			
	 1.2
	 	Construction	  	 	3	 
			
	 ARTICLE II
	 	BOARD OF DIRECTORS	  	 	4	 
			
	 2.1
	 	Election of Directors	  	 	4	 
			
	 2.2
	 	Committee Membership	  	 	5	 
			
	 2.3
	 	Chairman of the Board	  	 	5	 
			
	 2.4
	 	Size of Board	  	 	5	 
			
	 2.5
	 	Amendments to the Charter and Bylaws	  	 	5	 
			
	 2.6
	 	Fees	  	 	6	 
			
	 ARTICLE III
	 	INFORMATION	  	 	6	 
			
	 3.1
	 	Books and Records; Access	  	 	6	 
			
	 3.2
	 	Sharing of Information	  	 	7	 
			
	 ARTICLE IV
	 	GENERAL PROVISIONS	  	 	7	 
			
	 4.1
	 	Termination	  	 	7	 
			
	 4.2
	 	Notices	  	 	7	 
			
	 4.3
	 	Amendment; Waiver	  	 	8	 
			
	 4.4
	 	Further Assurances	  	 	8	 
			
	 4.5
	 	Assignment	  	 	8	 
			
	 4.6
	 	Third Parties	  	 	8	 
			
	 4.7
	 	Governing Law	  	 	9	 
			
	 4.8
	 	Jurisdiction; Waiver of Jury Trial	  	 	9	 
			
	 4.9
	 	Specific Performance	  	 	9	 
			
	 4.10
	 	Entire Agreement	  	 	9	 
			
	 4.11
	 	Severability	  	 	9	 
			
	 4.12
	 	Table of Contents, Headings and Captions	  	 	9	 
			
	 4.13
	 	Counterparts	  	 	10	 
			
	 4.14
	 	Effectiveness	  	 	10	 
			
	 4.15
	 	No Recourse	  	 	10	 

  

  
 -i- 

 INVESTOR RIGHTS AGREEMENT 

This Investor Rights Agreement is entered into on [•], 2020 by and among Corsair Gaming, Inc., a Delaware corporation (the
“Company”), and Corsair Group (Cayman), LP, a Cayman Islands exempted limited partnership (“Corsair LP”). 

RECITALS: 
 WHEREAS, the
Company is currently contemplating an underwritten initial public offering of shares of its Common Stock (as defined below); and 
 WHEREAS,
in connection with, and effective upon, the date of commencement of trading of the Company’s Common Stock on a national securities exchange (the “Effective Date”), the Company and Corsair LP wish to set forth certain
understandings between such parties, including with respect to certain governance matters. 
 NOW, THEREFORE, the parties agree as follows:

 ARTICLE I 
 INTRODUCTORY
MATTERS 
 1.1 Defined Terms. In addition to the terms defined elsewhere herein, the following terms have the following meanings
when used herein with initial capital letters: 
 “Affiliate” means a Person that directly, or indirectly through one or
more intermediaries, Controls, or is Controlled by, or is under common Control with, another Person. In respect of EagleTree, “Affiliate” shall mean any Person that, directly or indirectly, is Controlled by EagleTree, Controls EagleTree,
or is under common Control with EagleTree, and shall include any principal, member, director, partner, stockholder, officer, employee or other representative of any of the foregoing (other than the Company and any entity that is Controlled by the
Company). 
 “Agreement” means this Investor Rights Agreement, as the same may be amended, supplemented, restated and/or
otherwise modified from time to time in accordance with the terms hereof. 
 “beneficially own” has the meaning set forth
in Rule 13d-3 promulgated under the Exchange Act. 
 “Board” means the board of
directors of the Company. 
 “Business Day” means a day other than a Saturday, Sunday, federal or New York State holiday or
other day on which commercial banks in New York City are authorized or required by law to close. 
 “Bylaws” means the
Amended and Restated Bylaws of the Company, as the same may be amended and/or restated from time to time. 

 “Charter” means the Second Amended and Restated Certificate of
Incorporation of the Company, as the same may be amended and/or restated from time to time. 
 “Common Stock” means the
shares of common stock, par value $0.0001 per share, of the Company, and any other capital stock of the Company into which such stock is reclassified or reconstituted and any other common stock of the Company. 

“Company” has the meaning set forth in the Preamble. 

“Control” (including its correlative meanings, “Controlled by” and “under common Control
with”) means possession, directly or indirectly, of the power to direct or cause the direction of the management or policies (whether through ownership of securities or any partnership or other ownership interest, by contract or otherwise)
of a Person. 
 “Director” means any member of the Board. 

“EagleTree” means, collectively, Corsair LP, together with its Affiliates and its and their successors and assigns (other
than the Company and its Subsidiaries). 
 “EagleTree Designee” has the meaning set forth in
Section 2.1(b). 
 “Effective Date” has the meaning set forth in the Recitals. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder,
as the same may be amended from time to time. 
 “Governmental Authority” means any nation or government, any state or
other political subdivision thereof, and any entity exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government. 

“Law” means any statute, law, regulation, ordinance, rule, injunction, order, decree, governmental approval, directive,
requirement, or other governmental restriction or any similar form of decision of, or determination by, or any interpretation or administration of any of the foregoing by, any Governmental Authority. 

“Permitted Assigns” means with respect to EagleTree, a Transferee of shares of Common Stock that agrees to become party to,
and to be bound to the same extent as its Transferor by the terms of, this Agreement. 
 “Person” means an individual, a
partnership, a corporation, a limited liability company, an association, a joint stock company, a trust, a joint venture, an unincorporated organization, or other form of business organization, whether or not regarded as a legal entity under
applicable Law, or any Governmental Authority or any department, agency or political subdivision thereof. 

  
 2 

 “Subsidiary” means, with respect to any Person, any corporation, limited
liability company, partnership, association or other business entity of which: (i) if a corporation, a majority of the total voting power of shares of stock entitled to vote in the election of directors, representatives or trustees thereof is
at the time owned or Controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person or a combination thereof; or (ii) if a limited liability company, partnership, association or other business entity,
a majority of the total voting power of stock (or equivalent ownership interest) of the limited liability company, partnership, association or other business entity is at the time owned or Controlled, directly or indirectly, by any Person or one or
more Subsidiaries of that Person or a combination thereof. For purposes hereof, a Person or Persons shall be deemed to have a majority ownership interest in a limited liability company, partnership, association or other business entity if such
Person or Persons shall be allocated a majority of limited liability company, partnership, association or other business entity gains or losses or shall be or Control the managing member, managing director or other governing body or general partner
of such limited liability company, partnership, association or other business entity. 
 “Transfer” (including its
correlative meanings, “Transferor”, “Transferee” and “Transferred”) shall mean, with respect to any security, directly or indirectly, to sell, contract to sell, give, distribute, assign,
hypothecate, pledge, encumber, grant a security interest in, offer, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend or otherwise transfer or dispose of any
economic, voting or other rights in or to such security. When used as a noun, “Transfer” shall have such correlative meaning as the context may require. 

1.2 Construction. Interpretation of this Agreement shall be governed by the following rules of construction. Unless the context
otherwise requires: (a) references to the terms Article, Section, paragraph and Exhibit are references to the Articles, Sections, paragraphs and Exhibits to this Agreement unless otherwise specified; (b) the terms “hereof,”
“herein,” “hereby,” “hereto,” and derivative or similar words refer to this entire Agreement, including Exhibits hereto; (c) references to “$” or “Dollars” shall mean United States dollars;
(d) the words “include,” “includes,” “including” and words of similar import when used in this Agreement shall mean “including without limitation,” unless otherwise specified; (e) the word
“or” shall not be exclusive; (f) references to “written” or “in writing” include in electronic form; (g) provisions shall apply, when appropriate, to successive events and transactions; (h) the headings
contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement; (i) the parties have participated in the negotiation and drafting of this Agreement and if an ambiguity
or question of interpretation should arise, this Agreement shall be construed as if drafted jointly by the parties thereto and no presumption or burden of proof shall arise favoring or burdening either party by virtue of the authorship of any of the
provisions in this Agreement; (j) a reference to any Person includes such Person’s permitted successors and assigns; (k) references to “days” mean calendar days unless Business Days are expressly specified; (l) the word
“will” shall be construed to have the same meaning and effect as the word “shall”; (m) the terms “party”, “party hereto”, “parties” and “party hereto” shall mean a party to this Agreement
and the parties to this Agreement, as applicable, unless otherwise specified; (n) with respect to the determination of any period of time, “from” means “from and including”; and (o) any deadline or time period set forth
in this Agreement that by its terms ends on a day that is not a Business Day shall be automatically extended to the next succeeding 

  
 3 

 
Business Day. Any agreement, instrument or statute defined or referred to herein means such agreement, instrument or statute as from time to time may be amended, supplemented, restated or
modified, including (in the case of agreements or instruments) by waiver or consent and (in the case of statutes) by succession of comparable successor statutes. 

ARTICLE II 
 BOARD OF DIRECTORS

 2.1 Election of Directors. 

(a) Following the Effective Date, Corsair LP shall have the right, but not the obligation, to nominate to the Board a number of
designees equal to (i) five Directors, so long as EagleTree beneficially owns, in the aggregate, 50% or more of the shares of Common Stock, (ii) four Directors, in the event that EagleTree beneficially owns, in the aggregate, 40% or more,
but less than 50%, of the shares of Common Stock, (iii) three Directors, in the event that EagleTree beneficially owns, in the aggregate, 30% or more, but less than 40%, of the shares of Common Stock , (iv) two Directors, in the event that
EagleTree beneficially owns, in the aggregate, 20% or more, but less than 30%, of the shares of Common Stock and (v) one Director, in the event that EagleTree beneficially owns, in the aggregate, 10% or more, but less than 20%, of the shares of
Common Stock. Corsair LP shall not have the right to nominate any designees to the Board in the event that EagleTree beneficially owns, in the aggregate, less than 10% of the outstanding shares of Common Stock. In the event of any increase or
decrease in the size of the Board consistent with the requirements of Section 2.4 of this Agreement, the number of Directors for which Corsair LP shall have the right to nominate to the Board pursuant to this Section 2.1(a) shall be
automatically adjusted proportionately as closely as possible (rounding up to the next whole Director where necessary) to reflect the proportionate rights of Corsair LP to nominate Directors based on EagleTree’s beneficial ownership of the
shares of Common Stock set forth in clauses (i), (ii), (iii) and (iv) above. The Board shall set forth the determination of such changes consistent with this Section 2.1(a) in its resolution or resolutions effectuating the change in size
of the Board and such terms shall automatically be incorporated herein without further action on behalf of the parties hereto. 
 (b) The
Company agrees, to the fullest extent permitted by applicable law, to take all necessary and desirable actions (subject to any applicable stock exchange or listing requirements) to include in the slate of nominees recommended by the Board for
election at any meeting of stockholders called for the purpose of electing directors the persons designated pursuant to this Section 2.1 and to nominate and recommend each such individual to be elected as a Director as
provided herein, and to solicit proxies or consents in favor thereof. The Company is entitled, solely for the purposes set forth in this Section 2.1(b), to identify such individual as an EagleTree Designee pursuant to this
Agreement. 
 (c) In the event that Corsair LP has nominated fewer than the total number of designees Corsair LP shall be entitled to
nominate pursuant to Section 2.1(a), Corsair LP shall have the right, at any time, to nominate such additional designees to which it is entitled, in which case, the Company and the Directors shall take all necessary
corporate action, to the fullest extent permitted by applicable law, to (x) enable Corsair LP to nominate and effect the election 

  
 4 

 
or appointment of such additional individuals, whether by increasing the size of the Board or otherwise, and (y) to effect the election or appointment of such additional individuals
nominated by Corsair LP to fill such newly-created directorships or to fill any other existing vacancies. Each such person whom EagleTree actually nominates pursuant to this Section 2.1 and whom is thereafter elected to the
Board to serve as a Director shall be referred to herein as an “EagleTree Designee”. 
 (d) In the event that a vacancy is
created at any time by the death, retirement or resignation of any EagleTree Designee, the remaining Directors and the Company shall, to the fullest extent permitted by applicable law, take all actions necessary at any time and from time to time to
cause the vacancy created thereby to be filled by a new designee of Corsair LP, as soon as possible. Such new designee will be chosen by a majority of the EagleTree Designees on the Board at that time or, if there are none, by Corsair LP. 

2.2 Committee Membership. So long as EagleTree beneficially owns, in the aggregate, 20% or more of the shares of Common Stock, the
Company shall take all necessary and desirable actions to cause each of the Compensation Committee and the Nominating and Corporate Governance Committee to include in its membership at least one of the EagleTree Designees. Such EagleTree Designee
committee member will be chosen by Corsair LP, except to the extent such membership would violate applicable federal securities laws or the listing requirements of any national securities exchange on which the Company’s securities are then
listed. 
 2.3 Chairman of the Board. So long as EagleTree beneficially owns, in the aggregate, 20% or more of the shares of Common
Stock, Corsair LP shall have the right to designate the Chairman of the Board from among the EagleTree Designees. For the avoidance of doubt, if EagleTree beneficially owns, in the aggregate, less than 20% of the shares of Common Stock, the Chairman
of the Board is not required by this Agreement to be an EagleTree Designee. 
 2.4 Size of Board. As of the Effective Date, the Board
shall have established by resolution that the total number of Directors constituting the Board on the Effective Date shall be eight. So long as EagleTree beneficially owns, in the aggregate, 20% or more of the shares of Common Stock, any increases
or decreases to the size of the Board will require approval by at least a majority of the EagleTree Designees then serving as Directors or, if no EagleTree Designee is then serving as a Director, the written approval of Corsair LP. 

2.5 Amendments to the Charter and Bylaws. So long as EagleTree beneficially owns, in the aggregate, 50% or more of the shares of Common
Stock, the Board shall not take any action to cause the Company to amend the provisions in the Charter or Bylaws: 
 (a) providing that
Directors may be removed with or without cause upon majority vote of the outstanding shares of Common Stock; 
 (b) changing the size of the
Board; 

  
 5 

 (c) providing for stockholder action by written consent when EagleTree beneficially owns, in
the aggregate, 50% or more of the shares of Common Stock; or 
 (d) providing for the ability to call special meetings of stockholders when
EagleTree beneficially owns, in the aggregate, 50% or more of the shares of Common Stock. 
 2.6 Fees. For so long as the Company is a
“controlled company” for purposes of the stock exchange rules, the EagleTree Designees shall not receive any compensation from the Company for their service as directors of the Board (including for service as chairman of the Board) or
members of committees of the Board (including for service as chairman of any committee). However, the Company shall pay the reasonable out-of-pocket expenses incurred by
each EagleTree Designee in connection with performing his or her duties as a member of the Board or any committee thereof, including the reasonable out-of-pocket
expenses incurred by such person for attending meetings of the Board or any committee thereof or meetings of any board of directors or other similar managing body (and any committee thereof) of any Subsidiary of the Company. In addition, the Company
will reimburse EagleTree for reasonable travel and other out-of-pocket expenses incurred by employees of EagleTree as it relates to Company matters and incurred at the request of the EagleTree Designees; provided that such amount shall not include
salaries of such employees, any EagleTree overhead or any costs that are not directly related to Company matters. 
 ARTICLE III 

INFORMATION 
 3.1 Books
and Records; Access. The Company shall, and shall cause its Subsidiaries to, keep proper books, records and accounts, in which full and correct entries shall be made of all financial transactions and the assets and business of the Company and
each of its Subsidiaries in accordance with generally accepted accounting principles. For so long as (x) no EagleTree Designee is then serving as a Director, and (y) EagleTree beneficially owns 3 % or more of the outstanding shares of
Common Stock, the Company shall, and shall cause its Subsidiaries to, permit Corsair LP and its designated representatives, at reasonable times and upon reasonable prior notice to the Company, to inspect, review and/or make copies and extracts from
the books and records of the Company or any of such Subsidiaries and to discuss the affairs, finances and condition of the Company or any of such Subsidiaries with the officers of the Company or any such Subsidiary. For so long as (x) no
EagleTree Designee is then serving as a Director, and (y) EagleTree beneficially owns 3% or more of the outstanding shares of Common Stock, the Company, upon the written request of Corsair LP, shall, and shall cause its Subsidiaries to, provide
Corsair LP, in addition to other information that might be reasonably requested by Corsair LP from time to time, (i) direct access to the Company’s auditors and officers, (ii) the ability to link Corsair LP’s systems into the
Company’s general ledger and other systems in order to enable Corsair LP to retrieve data on a “real-time” basis, (iii) quarter-end reports, in a format to be prescribed by Corsair LP, to
be provided within 45 days after the end of each quarter, (iv) copies of all materials provided to the Board (or committee of the Board) at the same time as provided to the Directors (or members of a committee of the Board), (v) access to
appropriate officers and directors of the Company and its Subsidiaries at such times as may be requested by Corsair LP, as the case may be, for consultation with Corsair LP with respect to matters relating to the business and affairs of the Company
and its Subsidiaries, (vi) information in advance with respect to any significant corporate actions, including, without limitation, extraordinary dividends, stock redemptions or repurchases, mergers, acquisitions or dispositions of assets,
issuances of significant amounts of debt or equity and material amendments to the 

  
 6 

 
Charter or Bylaws or the organizational documents of any of its Subsidiaries, and to provide Corsair LP with the right to consult with the Company and its Subsidiaries with respect to such
actions, (vii) flash data, in a format to be prescribed by Corsair LP, to be provided within ten days after the end of each quarter and (viii) to the extent otherwise prepared by the Company, operating and capital expenditure budgets and
periodic information packages relating to the operations and cash flows of the Company and its Subsidiaries (all such information so furnished pursuant to this Section 3.1, the “Information”). The Company
agrees to consider, in good faith, the recommendations of Corsair LP in connection with the matters on which the Company is consulted as described above. Subject to Section 3.2, Corsair LP (and any party receiving
Information from Corsair LP) shall receive Information and shall maintain the confidentiality of such Information, and the Company shall not be required to disclose any privileged Information of the Company so long as the Company has used its
commercially reasonable efforts to enter into an arrangement pursuant to which it may provide such information to Corsair LP without the loss of any such privilege. 

3.2 Sharing of Information. Individuals associated with EagleTree may from time to time serve on the Board or the equivalent
governing body of the Company’s Subsidiaries. The Company, on its behalf and on behalf of its Subsidiaries, recognizes that such individuals (i) shall from time to time receive non-public information
concerning the Company and its Subsidiaries, and (ii) may (subject to the obligation to maintain the confidentiality of such information in accordance with Section 3.1) share such information with EagleTree,
EagleTree’s direct and indirect investors and other individuals associated with EagleTree. Such sharing shall be for the dual purpose of facilitating support to such individuals in their capacity as Directors (or members of the governing body
of any Subsidiary) and enabling EagleTree and its direct and indirect investors to better evaluate the Company’s performance and prospects. The Company, on behalf of itself and its Subsidiaries, hereby irrevocably consents to such sharing. 

ARTICLE IV 
 GENERAL PROVISIONS

 4.1 Termination. This Agreement shall terminate on the earlier to occur of (i) such time as EagleTree no longer
beneficially owns 3% or more of the outstanding shares of Common Stock and (ii) the delivery of a written notice by Corsair LP to the Company requesting that this Agreement terminate. 

4.2 Notices. Any notice provided for in this Agreement shall be in writing and shall be either personally delivered, sent by electronic
transmission or sent by reputable overnight courier service (charges prepaid) to the Company at the address set forth below and to any other recipient at the address indicated on the Company’s records, or at such address or to the attention of
such other Person as the recipient party has specified by prior written notice to the sending party. Notices shall be deemed to have been given hereunder when delivered personally, sent by electronic transmission or upon actual delivery by reputable
overnight courier service (as indicated in such courier service’s records). 

  
 7 

 The Company’s address is: 

Corsair Gaming, Inc. 
 47100
Bayside Parkway 
 Fremont, CA 94538 

Attention: Michael Potter 
 Email:
michael.potter@corsair.com 
 Corsair LP’s address is: 

c/o Corsair Group (Cayman), LP 

1185 Avenue of the Americas, 39th Floor 

New York, NY 10036 
 Attention:
Anup Bagaria and George Majoros 
 Email: ab@eagletree.com; gm@eagletree.com 

4.3 Amendment; Waiver. This Agreement may be amended, supplemented or otherwise modified only by a written instrument executed by the
Company and the other parties hereto. Neither the failure nor delay on the part of any party hereto to exercise any right, remedy, power or privilege under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of
any right, remedy, power or privilege preclude any other or further exercise of the same or of any other right, remedy, power or privilege, nor shall any waiver of any right, remedy, power or privilege with respect to any occurrence be construed as
a waiver of right, remedy, power or privilege with respect to any other occurrence. No waiver shall be effective unless it is in writing and is signed by the party asserted to have granted such waiver. 

4.4 Further Assurances. The parties hereto shall sign such further documents, cause such meetings to be held, resolutions passed,
exercise their votes and do and perform and cause to be done such further acts and things necessary, proper or advisable in order to give full effect to this Agreement and every provision hereof. To the fullest extent permitted by law, the Company
shall not directly or indirectly take any action that is intended to, or would reasonably be expected to result in, Corsair LP being deprived of the rights contemplated by this Agreement. 

4.5 Assignment. This Agreement shall inure to the benefit of and be binding on the parties hereto and their respective successors and
Permitted Assigns. This Agreement may not be assigned without the express prior written consent of the other parties hereto, and any attempted assignment, without such consents, shall be null and void; provided, however, that Corsair
LP shall be entitled to assign, in whole or in part, to any of its Permitted Assigns without such prior written consent any of its rights hereunder. 

4.6 Third Parties. Except as provided for in Section 3.2 with respect to individuals associated with
EagleTree, this Agreement does not create any rights, claims or benefits inuring to any person that is not a party hereto nor create or establish any third party beneficiary hereto. 

  
 8 

 4.7 Governing Law. This Agreement shall be governed by and construed in accordance
with the laws of the State of Delaware, without regard to principles of conflict of laws thereof. 
 4.8 Jurisdiction; Waiver of Jury
Trial. In any judicial proceeding involving any dispute, controversy or claim arising out of or relating to this Agreement, each of the parties unconditionally accepts the jurisdiction and venue of the Court of Chancery of the State of Delaware
or, if the Court of Chancery does not have subject matter jurisdiction over this matter, the Superior Court of the State of Delaware (Complex Commercial Division), or if jurisdiction over the matter is vested exclusively in federal courts, the
United States District Court for the District of Delaware, and the appellate courts to which orders and judgments thereof may be appealed. In any such judicial proceeding, the parties agree that in addition to any method for the service of process
permitted or required by such courts, to the fullest extent permitted by law, service of process may be made by delivery provided pursuant to the directions in Section 4.2. EACH OF THE PARTIES HEREBY WAIVES TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW TRIAL BY JURY IN ANY JUDICIAL PROCEEDING INVOLVING ANY DISPUTE, CONTROVERSY OR CLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT. 

4.9 Specific Performance. Each party hereto acknowledges and agrees that in the event of any breach of this Agreement by any of them,
the other parties hereto would be irreparably harmed and could not be made whole by monetary damages. Each party accordingly agrees to waive the defense in any action for specific performance that a remedy at law would be adequate and that the
parties, in addition to any other remedy to which they may be entitled at law or in equity, shall be entitled to specific performance of this Agreement without the posting of any bond. 

4.10 Entire Agreement. This Agreement sets forth the entire understanding of the parties hereto with respect to the subject matter
hereof. There are no agreements, representations, warranties, covenants or understandings with respect to the subject matter hereof or thereof other than those expressly set forth herein and therein. This Agreement supersedes all other prior
agreements and understandings between the parties with respect to such subject matter. 
 4.11 Severability. If any provision of this
Agreement, or the application of such provision to any Person or circumstance or in any jurisdiction, shall be held to be invalid or unenforceable to any extent, (i) the remainder of this Agreement shall not be affected thereby, and each other
provision hereof shall be valid and enforceable to the fullest extent permitted by law, (ii) as to such Person or circumstance or in such jurisdiction such provision shall be reformed to be valid and enforceable to the fullest extent permitted
by law and (iii) the application of such provision to other Persons or circumstances or in other jurisdictions shall not be affected thereby. 

4.12 Table of Contents, Headings and Captions. The table of contents, headings, subheadings and captions contained in this Agreement are
included for convenience of reference only, and in no way define, limit or describe the scope of this Agreement or the intent of any provision hereof. 

  
 9 

 4.13 Counterparts. This Agreement and any amendment hereto may be signed in any
number of separate counterparts, each of which shall be deemed an original, but all of which taken together shall constitute one Agreement (or amendment, as applicable). Counterparts may be delivered via electronic mail (including pdf or any
electronic signature complying with the U.S. federal ESIGN Act of 2000, e.g., www.docusign.com) or other transmission method and any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid and effective for all
purposes. 
 4.14 Effectiveness. This Agreement shall become effective upon the Effective Date. 

4.15 No Recourse. Notwithstanding anything that may be expressed or implied in this Agreement or otherwise, and notwithstanding the fact
that Corsair LP is an exempted limited partnership, each party hereto covenants, agrees and acknowledges that no recourse under this Agreement or any documents or instruments delivered by any Person pursuant hereto or otherwise shall be had against
any of EagleTree or any of its former, current or future direct or indirect equity holders, Controlling Persons, stockholders, directors, officers, employees, agents, Affiliates, members, financing sources, managers, general or limited partners or
assignees (each a “Related Party” and collectively, the “Related Parties”), in each case other than (subject, for the avoidance of doubt, to the provisions of this Agreement) each party hereto or any of its
respective assignees under this Agreement, whether by the enforcement of any assessment or by any legal or equitable proceeding, or by virtue of any applicable law, it being expressly agreed and acknowledged that no personal liability whatsoever
shall attach to, be imposed on or otherwise be incurred by any of the Related Parties, as such, for any obligation or liability of any party hereto or any of its respective assignees under this Agreement or any documents or instruments delivered by
any Person pursuant hereto for any claim based on, in respect of or by reason of such obligations or liabilities or their creation; provided, however, that nothing in this Section 4.15 shall relieve or
otherwise limit the liability of any party hereto or any of its respective assignees for any breach or violation of its obligations under such agreements, documents or instruments. 

[Remainder Of Page Intentionally Left Blank] 

  
 10 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the day and year
first above written. 
  

			
		 	CORSAIR GAMING, INC.
		
	By:	 	              

		 	Name:
		 	Title:

 
					
		 	CORSAIR GROUP (CAYMAN), LP
			
		 	By:	 	EagleTree-Carbide (GP), LLC,
		 		 	its General Partner
		 	By:	 	EagleTree Partners IV (GP), LP,
		 		 	its Sole Member
		 	By:	 	EagleTree Partners IV Ultimate GP, LLC,
		 		 	its General Partner
		
	By:	 	              

		 	Name:	 	
		 	Title:	 	

  
 - 12 -EX-10.2

 Exhibit 10.2 

CORSAIR GAMING, INC. 

EQUITY INCENTIVE PROGRAM 

WHEREAS, Corsair Group (Cayman), LP (the “Partnership”) adopted the Program in 2017; 

WHEREAS, in connection with a reorganization among the Partnership and its affiliates (the “Reorganization”), the Partnership
assigned to Corsair Gaming, Inc., a Delaware corporation (the “Company”), and the Company assumed from the Partnership, the Program and all outstanding Awards granted under the Program (the date of such assignment and assumption,
the “Effective Date”); and 
 WHEREAS, the Company will not make any new Awards under the Program following the Effective
Date. 
 NOW, THEREFORE, the Company will maintain the Program (as set forth herein) to govern the terms of the Awards granted to selected
Employees, directors, independent contractors, consultants and/or agents of the Company or its Affiliates prior to the Effective Date. 
 1.
Definitions. Terms used herein and not otherwise defined herein will have the meanings specified in the applicable Award Agreement or as set forth below: 

“Acquiror” has the meaning set forth in Section 5(a). 

“Affiliate” means, with respect to any Person, any other Person that directly or indirectly Controls, is Controlled by or is
under common Control with such Person. 
 “Approved Sale” has the meaning set forth in Section 5(a). 

“Award” means any right granted under the Program, including a grant of Options. 

“Award Agreement” means a written unit award agreement entered into between the Partnership and a holder of an Award
evidencing the terms and conditions of such Award and which has been assumed by the Company in connection with the Reorganization. Each Award Agreement will be subject to the terms and conditions of the Program. 

“CEO” means the Company’s Chief Executive Officer or another officer of the Company specifically authorized from time to
time by the Compensation Committee to exercise approval rights under the Program. 
 “Change of Control” means any
transaction or series of transactions in which any independent Third Party in the aggregate acquires more than 50% of the equity interests of the Company (whether by merger, liquidation, consolidation, reorganization, combination, sale or transfer
of Shares or Company equity securities or otherwise). Notwithstanding the foregoing, a Change of Control shall not occur for purposes of this Program unless such Change of Control constitutes a “change in control event’ under
Section 409A of the Code. 

 “Code” means the Internal Revenue Code of 1986, as amended, and the rules
and regulations promulgated thereunder. 
 “Compensation Committee” means the Compensation Committee of the Board of
Directors of the Company. 
 “Continuous Service” means: 

(a) in the case of a Grantee who is an Employee, that the service of such Grantee as an Employee of the Company or its
Affiliates is not interrupted or terminated for any reason, including death or disability. The Compensation Committee will have the power to determine in its sole discretion whether Continuous Service will be considered interrupted in the case of
(i) any leave of absence, including sick leave, military leave, maternity leave or any other personal leave or change in status to a director or consultant, (ii) intercompany transfers between the Company, its Affiliates and their
successors, and (iii) any transaction to which the Company is a party. Notwithstanding the foregoing, (A) the service of an Employee will not be deemed to be interrupted for any period for which the Employee is eligible for payments under
the short-term disability plan for Employees of the Company generally or as otherwise required by law (such period, a “Disability Period”) and (B) any Disability Period will not count toward any period required to satisfy any
vesting requirement under an Award, except as approved by the Compensation Committee in its sole discretion; and 
 (b) in
the case of a Grantee who is not an Employee, such additional conditions as to forfeiture that the Compensation Committee may determine in its sole discretion and are set forth in the Grantee’s Award Agreement. 

“Control” (including the terms “Controlled by” and “under common Control with”) means the
possession, directly or indirectly, of the power to direct or cause the direction of the management policies or affairs of a Person, whether through ownership of voting securities, by contract or otherwise. 

“Drag-Along Notice” has the meaning set forth in Section 5(b). 

“Drag-Along Right” has the meaning set forth in Section 5(a). 

“Drag-Along Stockholder” has the meaning set forth in Section 5(a) 

“Employee” means any natural person employed by the Company or any Affiliate of the Company. Neither service as a director or
consultant, nor payment of a director’s or consultant’s fee, will be sufficient in and of themselves to constitute “employment” by the Company or any of its Affiliates. 

  
 2 

 “Exercise Price” means the purchase price payable upon exercise of an
Option as set forth in the applicable Grantee’s Award Agreement. 
 “Fair Market Value” means, as of any given day,
(a) the Public Market Value per Share if the Share is traded or quoted on any Stock Exchange or any over-the-counter market or (b) if the Share is not traded
or quoted on any Stock Exchange or any over-the-counter market on the day as of which the determination of Fair Market Value is to be made pursuant to the Program, the
amount determined solely and definitively by the Compensation Committee to be the fair market value of a Share, in its sole discretion. 

“Grantee” means any recipient of an Award. 

“Option” means the right to purchase Shares upon exercise of an option granted pursuant to this Program. 

“Optionee” means the optionee named in an agreement evidencing an outstanding Option. 

“Original Incentives” has the meaning set forth in Section 7(b). 

“Partnership Agreement” means the Amended and Restated Agreement of Exempted Limited Partnership Agreement of Corsair Group
(Cayman) LP (as currently in effect and as may be amended from time to time). 
 “Person” means an individual, corporation,
partnership, limited liability company, joint venture, association, trust, unincorporated organization or other entity. 

“Program” means this Equity Incentive Program. 

“Public Market Value” means, as of any given day, the reported per Share closing price of the Shares on the Stock Exchange on
which such Shares are traded or quoted (or, if there is no reported closing price on that day, then on the last preceding day on which such a closing price was reported) or if the Shares are traded or quoted in the over-the-counter market, the average of the closing bid and asked prices of such Shares, in each case for the five trading days prior to but excluding the day on which the determination of Public Market Value
is to be made pursuant to the Program (or, if there is no reported trades on a particular trading day in such five-day period, the most recent period of five trading days on which there are reported trades).

 “Repurchase Date” has the meaning set forth in Section 6(c). 

“Repurchase Notice” has the meaning set forth in Section 6(b). 

“Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder. 

“Seller” has the meaning set forth in Section 6(c). 

  
 3 

 “Stock Exchange” means the New York Stock Exchange, The Nasdaq Global
Select Market or any other national securities exchange or dealer quotation system. 
 “Subcommittee” has the meaning set
forth in Section 2(c). 
 “Subsidiary” of a Person means another Person whose results of operations are required by
U.S. GAAP to be consolidated with the results of operations of the first Person. 
 “Successor Award” means Awards made by
the Compensation Committee as contemplated by Section 3(a). 
 “Surrendered Shares” has the meaning set forth in
Section 6(c). 
 “Third Party” means a prospective third party purchaser of equity interests of the Company in an arm’s-length transaction where such purchaser is not the Company, the Partnership, or any of their respective Affiliates. 

“Shares” means shares of common stock, par value $0.0001 per share, of the Company. 

“U.S. GAAP” means accounting principles generally accepted in the United States. 

2. Administration. (a) The Program will be administered by the Compensation Committee unless and until the Compensation Committee
delegates administration to a Subcommittee, the Board of Directors of the Company or the CEO as provided in Section 2(c). 
 (b) The
Compensation Committee will have the power, subject to, and within the limitations of, the express provisions of the Program: 

(i) To determine from time to time (A) which Persons will be granted Awards, provided, that such Persons are officers,
Employees, independent contractors or non-employee directors of the Company or of any of its Affiliates; provided further, that Awards may be granted only to eligible persons who are not employed by the
Company or a Subsidiary if such persons perform substantial services for the Company or a Subsidiary, in each case, subject to the limitations set forth in Rule 701 of the Securities Act, (B) when and how each Award will be granted,
(C) the number of Awards, (D) the class of Shares to which such Award is made and (E) the other terms of each Award granted (which need not be identical), including the time or times when an Award will vest or be exercisable; 

  
 4 

 (ii) To construe and interpret the Program and to establish, amend and
revoke rules and regulations for the Program’s administration. The Compensation Committee, in the exercise of this power, may (A) correct any defect, omission or inconsistency in the Program or in any Award Agreement in a manner and to the
extent it may deem necessary or expedient to make the Program fully effective (and it will be the sole and final judge of such expediency) and (B) make any other determination that the Compensation Committee is authorized to make under the
Program (including without limitation any determination under Section 4(b)); 
 (iii) To amend the Program as provided
in Section 7(i); and 
 (iv) To exercise such powers and to perform such acts as the Compensation Committee deems
necessary or expedient to promote the best interests of the Company which are not in conflict with the express terms of the Program. 
 (c)
The Compensation Committee may, but will not be required to, delegate administration of the Program to the CEO, the Board of Directors of the Company or one or more committees appointed by the Compensation Committee (a
“Subcommittee”). The Subcommittee will have, in connection with the administration of the Program, the powers theretofore possessed by the Compensation Committee. The Compensation Committee may abolish any Subcommittee at any time
and revert in the Compensation Committee the administration of the Program. 
 (d) None of the directors or direct or indirect stakeholders
of the Company, the CEO or any other Person acting pursuant to authority delegated by the Compensation Committee will be personally liable for any action or determination under the Program. Accordingly, by accepting an Award, a Grantee will be
deemed without further action to have irrevocably agreed that no claim or demand may be made hereunder or in respect of any Award against any Person other than the Company itself. 

3. Awards. (a) Successor Awards. Any portion of an Award that is forfeited or cancelled for any reason may be awarded by the
Compensation Committee to another Grantee. Any such award is hereafter referred to as a “Successor Award.” The provisions hereof applicable to Awards will also apply to Successor Awards, and as used herein the term
“Awards” will include any Successor Awards and any Award amended as herein contemplated. 
 (b) Conditions Applicable to
Awards. All Awards, including Options, will be subject to the terms and conditions set forth in this Program and to such other conditions as are reflected in the Award Agreement. The following provisions are also applicable to all Awards: 

(i) Requirement of Employment or other Engagement. If the Grantee’s Continuous Service terminates prior to
the fulfillment of the conditions for vesting of Awards, as set forth in the specific Award Agreement, all Awards held by the Grantee that are still subject to vesting will be forfeited and will be deemed without further action to have been
immediately transferred to the Company. Such Awards will revert to and again become available for issuance as Successor Awards under the Program in accordance with Section 3(b). 

  
 5 

 
However, the Compensation Committee may provide for partial or complete exceptions to this requirement as it deems equitable. 

(ii) Consideration. By accepting an Award, a Grantee will be deemed without further action to have irrevocably agreed
that he or she has not been given any consideration (including without limitation past services or continued employment) for an Award. 
 (c)
Options. The Compensation Committee may, from time to time and upon such terms and conditions as it may determine, authorize the granting of Options. Each such grant will be subject to all of the requirements contained in Section 3(b),
the following provisions and such other terms as the Compensation Committee may determine. 
 (i) Each grant will specify the
number of Shares to which it pertains, subject to the limitations set forth in this Program. 
 (ii) Each grant will specify
an Exercise Price per Share, which may not be less than the Fair Market Value on the Date of Grant (as set forth in the applicable Award Agreement), as determined by the Compensation Committee in its sole discretion. The Exercise Price may be
payable (A) in cash, (B) by the actual or constructive transfer to the Company of Shares owned by the Optionee for at least six months having a value at the time of exercise equal to the total Exercise Price, or (C) by a combination
of such methods of payment or by any other method of payment determined by the Compensation Committee. Any grant may provide for deferred payment of the Exercise Price from the proceeds of sale through a broker on a date satisfactory to the Company
of some or all of the Shares to which such exercise relates or such other methods approved by the Compensation Committee. 

(iii) Each grant will specify the period or periods of Continuous Service by the Optionee with the Company necessary before the
Options or installments thereof will become exercisable at or after grant and may provide for earlier exercise of the Option, including without limitation in the event of a Change of Control or similar event. 

(iv) Options granted under this Program will be options that are not intended to qualify as “incentive stock options”
under Section 422 of the Code or any successor provision. 
 (v) Except as otherwise determined by the Compensation
Committee, no Option will be transferable by the Optionee except by will or the laws of descent and distribution. Except as otherwise determined by the Compensation Committee, Options will be exercisable during the Optionee’s lifetime only by
the Optionee or, in the event of the Optionee’s legal incapacity to do so, the Optionee’s guardian or legal representative acting on behalf of the Optionee in a fiduciary capacity under state law and court supervision. 

  
 6 

 (vi) No Option will be exercisable more than ten years after the Date of
Grant. 
 (vii) The Compensation Committee may provide for the payment of dividend equivalents with respect to Options
granted under this Program and may provide for deferred issuances or settlement of any such dividend equivalents and interest paid on deferred amounts, in each case subject to Section 409A of the Code. 

(viii) Any Award Agreement may specify performance conditions that must be satisfied as a condition to the exercise or early
exercise of the Option. 
 Nothing in this Section 3(c) limits the authority of the Compensation Committee pursuant to any other provisions hereof in
respect of any type of Award other than Options. 
 4. Shares Available for Awards. (a) Shares Subject to Issuance or
Transfer. The aggregate number of Shares that may be issued or transferred under the Program shall not exceed 10,029,388 Shares (subject to adjustment as contemplated by Section 4(b)), which number represents the aggregate number of Shares
subject to outstanding Awards immediately following the Reorganization. For the avoidance of doubt, no new Awards will be granted under the Program following the Effective Date. 

(b) Adjustments Upon Changes in Capitalization or Other Events. Subject to the other provisions of this Section 4(b), upon changes
in the capitalization of the Company or the Shares, including without limitation by reason of a Change of Control, recapitalization, merger, spin-off, split-off, split-up, consolidation, combination or exchange of Shares, reorganization or liquidation, distribution or such other event as the Compensation Committee determines to require action as hereafter provided, including
without limitation a Change of Control involving the Company or its Affiliates, the number, type or class of Shares available under the Program as to which Awards may be made (both in the aggregate and to any one Grantee), the number, type or class
of Shares under each then-outstanding Award or such other term of any Award as the Compensation Committee determines to require action as hereafter provided will be correspondingly adjusted by the Compensation Committee if and to the extent that the
Compensation Committee determines in its sole discretion, that such adjustment is appropriate to equitably reflect such event. In no event, however, will any change be required as the result of the Company’s issuance of Shares under this
Program or of Common or Preferred Shares or other equity securities to any Person in a transaction not otherwise described in this Section 4(b) for value determined by the Compensation Committee in its sole discretion to constitute fair
consideration therefor. Further, upon the occurrence of any transaction described in this Section 4(b), the Compensation Committee, in its sole discretion, may take any of the following actions (in each case to the extent that any such action
would not cause the award to fail to comply with Section 409A of the Code): 
 (i) Provide that any Award will vest and,
to the extent applicable, be exercisable as to all Shares covered thereby, notwithstanding anything to the contrary in the Program or the provisions of such Award; 

  
 7 

 (ii) Provide for the cancellation of any vested Award (including any Award
vested pursuant to Section 4(b)(i)) in exchange for either an amount of cash or other property with a value equal to the amount that could have been obtained upon the exercise or settlement of such Award or realization of the Grantee’s
rights had such Award been currently exercisable, payable and fully vested, as applicable; provided that, if the amount that could have been obtained upon the exercise or settlement of such Award or realization of the Grantee’s rights,
in any case, is equal to or less than zero, then such Award may be terminated without payment; 
 (iii) Provide that such
Award be assumed by the successor or survivor corporation, or a parent or Subsidiary thereof, or be substituted for by awards covering the equity of the successor or survivor corporation, or a parent or Subsidiary thereof, with appropriate
adjustments as to the number and kind of shares or units and applicable exercise or purchase price, in all cases, as determined by the Compensation Committee; 

(iv) Provide for the cancellation of all or any portion of outstanding Awards in exchange for a replacement award or
replacement awards to be granted under a replacement program or replacement programs of the Company or any of Affiliates providing such terms and conditions as the Compensation Committee in its sole discretion, deems equitable to reflect any
of the events described in this Section 4(b); or 
 (v) Any combination of the foregoing. 

5. Drag-Along Rights. (a) If the Compensation Committee determines, in its sole discretion, that it would be in the best
interests of the Company to engage in a Change of Control or to otherwise realize the investment in the Company through a sale of the Shares to a Third Party purchaser (any such sale, an “Approved Sale,” and any such Third Party
purchaser, an “Acquiror”), then the Compensation Committee will have the right (the “Drag-Along Right”), subject to all of the provisions of this Section 5, to require each Grantee (each, a “Drag-Along
Stockholder”) to sell, transfer and deliver or cause to be sold, transferred and delivered to such Acquiror the same percentage of Shares held by such Grantee as is equal to the percentage of Shares held by the Partnership that is being
sold to the Acquiror, and each Drag-Along Stockholder will agree to and will be bound by the same terms, provisions and conditions in respect of such Approved Sale as are applicable to the Partnership and to raise no objection to such Approved Sale.
Each Drag-Along Stockholder will further agree to (i) take all necessary actions (including executing documents) in connection with the consummation of the proposed transaction as may be reasonably requested of it by the Compensation Committee
and (ii) appoint the Compensation Committee as its attorney in fact to do the same on its behalf. If the Approved Sale is structured as a (A) de-

  
 8 

 
registration of the Company in order to transfer and continue the Company in another jurisdiction, including in order to effect a merger or consolidation of the Company in such foreign
jurisdiction, each Drag-Along Stockholder will, if requested, provide their consent to the de-registration and transfer of the Company and waive any and all dissenters’ rights, appraisal rights or similar
rights, to the extent there are any, in connection with any such merger or consolidation or (B) sale of Shares, each Drag-Along Stockholder will agree to sell all of its Shares or rights to acquire Shares on the terms and conditions approved by
the Compensation Committee (or its pro rata portion thereof if such Approved Sale involves less than all of the Shares). Notwithstanding the foregoing, the Compensation Committee may determine in its sole discretion to sell all or any portion of the
assets of the Company (including the equity securities of the Company) or its Subsidiaries. Following any such asset sale, the Compensation Committee will cause the Company to promptly distribute the net proceeds of such asset sale to the Grantee
and the other investors in the Company on a pro rata basis (based on their respective ownership of outstanding Shares). 
 (b) If the
Compensation Committee desires to exercise its Drag-Along Rights, it will give written notice to the Drag-Along Stockholders (“Drag-Along Notice”) of the transfer or sale, setting forth the name and address of the Acquiror, the date
on which such transaction is proposed to be consummated (which will be not less than 20 calendar days after the date such Drag-Along Notice is given) and the proposed amount of consideration and copies of any form of agreement proposed to be
executed in connection therewith. 
 (c) In connection with any Approved Sale: 

(i) each Drag-Along Stockholder will agree to bear its pro rata portion of the costs of any Approved Sale to the extent such
costs are not otherwise paid by the Company or the Acquiror; 
 (ii) Grantee will not be required to make any representations
or warranties or, except as set forth below, to provide any indemnities in connection with an Approved Sale other than with respect to title to any Shares being conveyed, the absence of any liens thereon and its authority to enter into and
consummate the sale; 
 (iii) Grantee will not be required to be bound by any
non-solicitation, non-competition or similar restrictive covenants; and 

(iv) any indemnification provided by the Grantees (other than with respect to the representations referenced in
Section 5(c)(ii)) will be based on the relative purchase price being received by each Grantee in the Approved Sale (in their capacity as a Grantee), either on a several, not joint, basis or solely with recourse to an escrow established for the
benefit of the proposed purchaser (each Grantee’s contributions to such escrow to be on a pro rata basis in accordance with the proceeds received from such sale (in their capacity as a Grantee)), it being understood and agreed that any such
indemnification obligation of a Grantee (including for this purpose any indemnification obligation in respect of the representations referenced in Section 5(c)(ii)) will in no event exceed the net proceeds to such Grantee from such Approved
Sale. 

  
 9 

 (d) In the event that the Compensation Committee determines in its sole discretion that it
would be in the interests of the Company to engage in a Change of Control involving the Partnership, the Compensation Committee will make appropriate arrangements to ensure that the Grantees will be entitled to transfer their Shares in connection
with such Change of Control at the same time, for the same price per Share and subject to the same terms and conditions, as the [limited partners of the Partnership. 

6. Redemption or Transfer of Awards. (a) Upon any termination of a Grantee’s Continuous Service with the Company for any
reason or no reason, the Company may elect, at any time within the later of (i) one year after such termination or (ii) 90 days following the exercise of any vested Option, to redeem or to require Grantee or Grantee’s permitted successors
to transfer and assign to the Company’s designee, and Grantee or Grantee’s permitted successors or assigns will in any such case sell, all or any portion of the vested Awards and/or Shares issued thereunder owned by Grantee or
Grantee’s permitted successors or assigns in accordance with this Section 6. Except as may be otherwise provided in an Award Agreement, the price at which such vested Awards and/or Shares issued thereunder may be redeemed or transferred
will be an amount equal to the product of (A) the Fair Market Value of such Shares issued or issuable thereunder as of the date of such termination of such Continuous Service less any applicable Exercise Price, multiplied by (B) the
number of vested or exercisable Awards and/or Shares issued thereunder so redeemed or transferred. 
 (b) If the Company elects to exercise
its right to compulsorily redeem vested or exercisable Awards and/or Shares issued thereunder pursuant to this Section 6, the Company will deliver a written redemption notice (a “Redemption Notice”) to Grantee or Grantee’s
permitted successor or assign to such effect. 
 (c) The vested or exercisable Awards and/or Shares issued thereunder that are specified in
the Redemption Notice as being subject to compulsory redemption (the “Surrendered Shares”) will be redeemed within 10 business days after the determination of the Fair Market Value (the “Redemption Date”). On the
Redemption Date, Grantee or Grantee’s permitted successor or assign (the “Seller”) will, in respect of such Surrendered Shares (i) represent and warrant to the Company that the Seller has good and valid title to such
Surrendered Shares free and clear of any liens, except as provided in this Program, and (ii) to the extent the Company is not then holding the applicable certificates (if any) in trust, deliver to the Company the certificate or certificates
representing the Surrendered Shares owned by the Seller on such date against payment by the Company of the redemption amount payable to the Seller, in cash or check. All certificates (if any) for Surrendered Shares will be duly endorsed in favor of
the Company by the Seller in whose name such certificate or certificates is registered, or be accompanied by a duly executed Shares or security assignment in favor of the Company, in each case, with the signature thereon guaranteed by a

  
 10 

 
commercial bank or trust company or a member of a national securities exchange. If any Seller fails to deliver such certificate or certificates to the Company within the time required, the
Company will cause its books and records to show that the applicable Surrendered Shares are bound by the provisions of this Section 6 and that the Surrendered Shares, until transferred to the Company, will not be entitled to any proxy, dividend
or other rights from the date by which such certificate or certificates should have been delivered to the Company. 
 7. General
Provisions. (a) Prohibitions Against Transfer. The Awards and any Shares issued thereunder (or any interest therein), may not be assigned, sold, pledged or otherwise transferred except as expressly permitted herein, in the Award
Agreement, or in any other agreement entered into by Grantee and the Company relating to such Shares. The Compensation Committee may, in its sole discretion, grant to or withhold from any Grantee rights to transfer or convey the Shares issued
thereunder and will not unreasonably withhold its approval of a Grantee’s transfer of Shares issued thereunder to a trust established for charitable or estate planning purposes so long as (i) such Grantee is the sole trustee and,
accordingly, has sole voting and other dispositive powers over the Shares issued thereunder to be so transferred and (ii) the terms of the trust expressly acknowledge and agree to the limitations herein and in the applicable Award Agreement.
Each certificate for Shares and Awards issued or transferred under an Award will contain a legend giving appropriate notice of the restrictions applicable to the Shares and such Award. The Compensation Committee may, in its sole discretion, require
that such certificates be placed into escrow with the Company. 
 (b) Substitute Awards. The Compensation Committee may make an Award
to an employee of another company who becomes eligible for the receipt of Awards by reason of a merger, consolidation, acquisition of Shares or property, Share exchange, reorganization or liquidation involving the Company in substitution for a stock
or unit option, stock or unit appreciation right, performance award or other equity award previously granted by such company (the “Original Incentives”). The terms and conditions of the substitute Award may vary from the terms and
conditions required by the Program and from those of the Original Incentives. The Compensation Committee will prescribe the exact provisions of the substitute Awards, preserving the provisions of the Original Incentives to the extent required. 

(c) Severability. If any provision of the Program or Award Agreement, or any term or condition of any Award granted or form executed or
to be executed thereunder, or any application thereof to any Person or circumstances is invalid, such provision, term, condition or application will to that extent be void (or, in the discretion of the Compensation Committee, such provision, term or
condition may be amended so as to avoid such invalidity or failure), and will not affect the other provisions, terms or conditions or applications thereof, and to this extent such provisions, terms and conditions are severable. 

(d) Effectiveness of Award. No Award will be valid until an Award Agreement is duly executed by the Company and the Grantee. Thereafter,
such Award will be effective as of the effective date set forth in the Award Agreement. 

  
 11 

 (e) Compliance with Law. The Program and the obligations of the Company
hereunder will be subject to all applicable laws and to approvals by any governmental or regulatory agency as may be required. Nothing herein will be deemed to require the Company to apply for or to obtain any listing, registration, qualification or
other action to issue Shares or any other consideration thereunder. The Company may require that certificates evidencing Awards or Shares delivered pursuant to any Award made hereunder bear a legend indicating that the sale, transfer or other
disposition thereof by the holder is prohibited except in compliance with the Securities Act. By accepting an Award, a Grantee will be deemed to have represented and warranted that such Person is acquiring the Award and/or Shares subject to the
Award, as the case may be, for his or her own account for investment and not with any present intention of selling or otherwise distributing the same. 

(f) Applicable Law. This Program will be governed by, and construed in accordance with, the laws of the State of Delaware, without
regard to its choice of law provisions that would result in the application of another jurisdiction’s law to this Program. 
 (g)
Statutorily Required Withholding Taxes. No Shares will be delivered under the Program to any Grantee or successor Grantee upon any grant, exercise, or settlement of an Award until such Grantee or successor Grantee has made arrangements
acceptable to the Compensation Committee for the satisfaction of any statutorily required foreign, federal, state, or local income and employment tax or other withholding obligations, including, without limitation, obligations incident to the
receipt of Shares. Upon grant of an Award or such other time as to which withholding may be required by law, the Company will withhold or collect from Grantee an amount in cash sufficient to satisfy such tax obligations. The Compensation Committee
may, in its discretion and subject to such rules as the Compensation Committee may adopt, permit the Grantee to satisfy, in whole or in part, any withholding tax obligation which may arise in connection with the grant, exercise, or settlement of an
Award by surrendering to the Company, or by electing to have the Company withhold, Shares having a Fair Market Value equal to the amount of the withholding tax (but only to the extent that such action would not result in an accounting compensation
charge for financial reporting purposes with respect to the Shares used to satisfy the statutorily required withholding unless otherwise determined by the Compensation Committee) or provide that the Company will be responsible for all or a portion
of such taxes. 
 (h) Other Tax Matters. The Program is intended to be exempt from or compliant with Section 409A of the Code and
will be construed and interpreted in accordance with such intent. Grants under this Plan will be treated in a manner that will be exempt from or compliant with Section 409A of the Code, including proposed, temporary or final regulations or any
other guidance issued by the Secretary of Treasury and the Internal Revenue Service with respect thereto (the “Guidance”). Any provision of the Program that would cause a grant or any other payment under the Program to fail to be
exempt from or compliant with Section 409A of the Code will have no force and effect until amended to be exempt from or compliant with Section 409A of the Code (which amendment may be retroactive to the extent permitted by the Guidance).

  
 12 

 
Notwithstanding the foregoing, nothing herein will create any obligation by the Company or any of its Affiliates to any participant should any grant or other payment fail to be exempt from or
compliant with Section 409A of the Code. 
 (i) Amendments. Without limiting the generality or effect of any other provision
contained herein, including, without limitation, the authority granted to the Compensation Committee pursuant to Section 2, the Program or the Award Agreements collectively may be amended in any respect the Compensation Committee deems
necessary or advisable without the consent of any Grantee; provided that such amendment applies on substantially the same terms to all then-existing and any subsequently entered into Award Agreements. Any such amendment will be binding on the
Company and all Grantees, and no Grantee will have any cause of action against the Company or any other Person for any action taken by such Person in reliance upon or as a result of any such amendment. Notwithstanding the foregoing, if any amendment
to the Program requires stockholder approval in order to comply with applicable law or the Stock Exchange upon which the Company’s Shares are then listed, then such amendment shall be subject to approval of the stockholders of the Company and
will not be effective unless and until such approval has been obtained. 
 (j) Foreign Employees. In order to facilitate the grant of
any Award under this Program, the Compensation Committee may provide for such special terms for Options to Grantees who are foreign nationals or who are employed by the Company outside of the United States, as the Compensation Committee may consider
necessary or appropriate to accommodate differences in local law, tax policy or custom. Moreover, the Compensation Committee may approve such supplements to or amendments, restatements or alternative versions of this Program as it may consider
necessary or appropriate for such purposes, without thereby affecting the terms of this Program 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 Program. No such special terms, supplements, amendments or restatements, however, shall include any provisions that are inconsistent with the terms of this Program as then in effect unless this Program could
have been amended to eliminate such inconsistency without further approval by the stockholders of the Company. 

  
 13

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