Document:

EX-10.18

 Exhibit 10.18 
 SUBLEASE 
 THIS SUBLEASE (the “Sublease”) between Tellabs
Operations, Inc., a Delaware corporation (“Tellabs”), and Violin Memory, Inc., a Delaware corporation (“Subtenant”), is dated June 24, 2013. 
 Background 
 A. Tellabs, as tenant, and The Prudential Insurance Company Of America,
a New Jersey corporation (“Landlord”), as landlord, are parties to a Lease Agreement, dated July 27, 2010, as amended by a First Amendment to Lease dated December 3, 2010, a Second Amendment to Lease dated
December 21, 2010, and a Third Amendment to Lease dated September 19, 2011 (collectively, the “Prime Lease”) under which Landlord leases to Tellabs (i) Suite 150, consisting of approximately 20,803
rentable square feet in the southern portion of the first floor (“Suite 150”), (ii) Suite 501, consisting of the entire approximately 56,346 rentable square feet of the fifth floor (“Suite 501”), (iii) Suite 101,
consisting of approximately 19,060 rentable square feet in the northern portion of the first floor (“Suite 101”), and (iv) Suite 601, consisting of the entire 55,393 rentable square feet of the sixth floor (“Suite 601”) in
the building commonly known as 4555 Great America Parkway, Santa Clara, California (the “Building”) consisting of approximately 322,726 square feet. A copy of the Prime Lease (with certain financial information redacted) is attached to
this Sublease as Exhibit A. All capitalized terms not otherwise defined herein shall have the same meanings as in the Prime Lease. 
 B.
The property shown on Exhibit A to the Prime Lease and all improvements and appurtenances on that land, including, but not limited to, the Building, the Adjacent Building (as defined in the Prime Lease), the Amenities Facility (as defined in
the Prime Lease), access roadways, and all other related areas, constitute the “Project.” The Project consists of approximately 645,652 square feet. 
 C. Suite 150, Suite 501, Suite 101, and Suite 601 contain, in the aggregate approximately 151,602 rentable square feet and are referred to collectively in this Sublease as the “Prime Lease
Space.” 
 D. Subtenant desires to sublease from Tellabs, and Tellabs desires to sublease to Subtenant, approximately 96,209 rentable
square feet of the Prime Lease Space consisting of (i) Suite 150, (ii) Suite 101, and (iii) Suite 501 (i, ii, and iii collectively, the “Premises”) all upon the terms and subject to the conditions and provisions of
this Sublease. The Premises is depicted on Exhibit B to this Sublease. 
 Agreements 

In consideration of the mutual covenants and promises contained in this Sublease and other good and valuable consideration, the receipt
and sufficiency of which the parties acknowledge, Tellabs and Subtenant agree as follows: 
 1. Sublease. Subject
to Section 6, Tellabs subleases to Subtenant, and Subtenant subleases from Tellabs, the Premises upon the terms and conditions set forth in this Sublease. In addition, at no additional cost, but subject to the terms of the Prime Lease,
Subtenant’s 

 
employees may use, in common with other tenants and occupants of the Building, the Common Areas (as defined in the Prime Lease) and Amenities Facility. 

2. Use. Subject to Section 6 and the terms of this Sublease, Subtenant may use the Premises for general office
purposes and for research and development and for any use permitted under the Prime Lease. Subtenant shall not use the Premises for any other purpose. Subject to the terms of the Prime Lease and events beyond the reasonable control of Tellabs,
Subtenant shall have access to the Premises 24 hours a day, 365 days a year. 
 3. Term. The term of this Sublease
(the “Term”) shall commence on the date (the “Commencement Date”) that is the later of: (a) August 1, 2013 or (b) 1 business day after all of the following conditions have occurred: (i) Tellabs
has obtained Landlord’s Consent (defined below), (ii) Tellabs shall have delivered possession of the Premises to Subtenant in the condition required by this Sublease, and (iii) the conditions precedent in Section 6(b) below shall
have been satisfied or waived in writing by Subtenant. Tellabs and Subtenant anticipate the Commencement Date to occur on August 1, 2013. Unless sooner terminated in accordance with the provisions of this Sublease, the Term shall expire on the
earlier of (a) February 28, 2017 and (b) the termination of the Prime Lease (the “Expiration Date”). Tellabs and Subtenant shall confirm in writing the Commencement Date. 

4. Possession. Subtenant shall not take possession of the Premises until Tellabs has received Landlord’s Consent
(defined below), Subtenant’s security deposit, the Pre-paid Rent (defined below), and the evidence of insurance required under this Sublease (collectively, the “Possession Items”). Within one (1) day after the date that
Tellabs receives the Possession Items, Subtenant may take possession of each portion of the Premises other than the approximately 4,000 square foot portion of Suite 150 cross hatched and labeled “Tellabs Occupied Space” on
Exhibit B to this Sublease (the “Tellabs Occupied Space”) to perform Subtenant’s Work (defined below) and install Subtenant’s furniture. At any time after September 1, 2013, as long as Tellabs has received the
Possession Items, Subtenant may take possession of the Tellabs Occupied Space. Subtenant acknowledges that the date that Subtenant is entitled to possession of the Tellabs Occupied Space is after the Commencement Date. If Subtenant takes possession
of the Premises before the Commencement Date, Subtenant shall be bound by all terms and provisions of this Sublease and the Prime Lease, except those requiring the payment of Rent. 

5. First Right To Sublease. 
 (a) Offer. During the Term, Tellabs grants to Subtenant a continuous right of first offer and right of first refusal (the “Offer Right”) to sublease any remaining part of the Prime
Lease Space. If Tellabs is prepared to sublease any remaining part of the Prime Lease Space to an unrelated third party, whether by extending an offer to a third party or accepting an offer from that third party (the “Offer”),
Tellabs shall first offer to Subtenant the right to include that space (the “Offer Space”) within the Premises on the same economic terms as set forth in the Offer, and otherwise on the then-applicable terms of this Sublease. After
preparation or receipt of an Offer, Tellabs shall give Subtenant a written notice (the “Offer Notice”) of the Offer setting forth (a) the amount and structure of the base rent and expense and tax pass throughs, (b) any
rent abatement provisions, improvement allowance, and other allowances, 

  
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concessions, or inducements, (c) the commencement date, rent commencement date, and expiration date of the term for the Offer Space, (d) any options to extend, rights of first refusal,
rights of first offer, expansion rights, or early termination rights, and (e) leasing commissions (the “Material Economic Terms”). To send the Offer Notice, Tellabs does not need to have negotiated full lease terms with the
third party, but need only to have prepared an Offer or received an acceptable Offer containing the Material Economic Terms, and Subtenant must make its decision with respect to the Offer Space as long as it has received a description of the
Material Economic Terms in the Offer Notice. 
 (b) Subtenant Response. If Subtenant desires to lease the Offer Space
upon the terms set forth in the Offer Notice (and otherwise on the then-applicable terms of this Sublease), Subtenant may exercise its right to sublease the Offer Space by sending irrevocable written notice to Tellabs within 10 business days after
it receives the Offer Notice, time being of the essence. If Subtenant fails to deliver irrevocable written notice to Tellabs within the 10 business day period or sends Tellabs a notice other than an unconditional acceptance of the Offer Space in
accordance with the Offer Notice), then Tellabs shall be free to sublease the entirety of the Offer Space to anyone; provided, however, that if (i) during the Term, Tellabs offers the Offer Space for sublease at a rental rate that is less than
95% of the effective rental rate specified in the Offer Notice (taking into account differences in tenant improvement allowances and free rent periods) for the proposed lease term, or (ii) Tellabs does not consummate a sublease transaction for
the Offer Space within 6 months after the expiration of the 10-business day period, then Subtenant’s Offer Right shall again be applicable to the Offer Space, and Tellabs shall be required to deliver to Subtenant a subsequent Offer Notice
(“New Offer Notice”) offering to lease the Offer Space to Subtenant in accordance with the terms of the New Offer Notice. The terms and conditions of this Section 5 shall apply to any New Offer Notice. Subtenant may not elect
to lease less than the entire area of the Offer Space described in the Offer Notice, unless the Offer Notice expressly provides otherwise. 
 (c) No Default; Rights Personal. Subtenant may exercise its rights under this Section 5 only if at the time of Subtenant’s exercise and on the commencement date of the term for the Offer
Space, this Sublease is in full force and effect, no default by Subtenant exists and is continuing (beyond applicable notice and cure periods) under this Sublease, and Subtenant has not assigned or otherwise transferred this Sublease or sublet any
portion of the Premises other than to a Permitted Transferee. The rights set forth in this Section 5 are personal to the original Subtenant under this Sublease and any Permitted Transferee, and no other transferee may exercise it. No exercise
of the rights under this Section 5 by the original Subtenant under this Sublease will be effective if Subtenant effectuates a transfer, other than a transfer to a Permitted Transferee, before the date the term for the Offer Space commences.

 (d) Amendment. If Subtenant has validly exercised its right to lease the Offer Space in accordance with the terms of
this Section 5, Tellabs and Subtenant, within 30 days after request by either party, will enter into a written amendment to this Sublease confirming the terms applicable to the Offer Space and otherwise affirming the terms and provisions of
this Sublease. 
 (e) Contingencies. Any sublease for the Offer Space shall be contingent upon Tellabs obtaining
Landlord’s written consent. Tellabs will not be subject to any liability if it uses commercially reasonable efforts (which shall require nothing more than sending a written request to Landlord and following up on that request with a reasonable
number of telephone 

  
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calls, emails, or other correspondence) to obtain Landlord’s written consent and is unable to obtain Landlord’s written consent. The terms of Section 6 of this Sublease shall apply
to any sublease for the Offer Space. Tellabs will not be subject to any liability if it is unable to deliver to Subtenant possession of any portion of the Offer Space on or before the date the term for the Offer Space commences for any reason unless
the inability to deliver is attributable to the gross negligence or willful misconduct of Tellabs or a breach by Tellabs under the Prime Lease. Despite the foregoing, if Tellabs is unable to deliver to Subtenant possession of the Offer Space within
30 days after the lease term for the Offer Space was to commence, then Subtenant shall have the right to withdraw and terminate its election to lease the Offer Space without liability. A failure to deliver possession will not affect either the
validity of this Sublease or the obligations of either Tellabs or Subtenant under this Sublease or be construed to extend the expiration of the Term of this Sublease either as to the Offer Space or the balance of the Premises. 

(f) Removal. If any portion of the Prime Lease Space is leased to Subtenant other than in accordance with the rights set forth in
this Section 5, that portion of the Offer Space will no longer be subject to the this Section 5. 
 (g) As-is.
Subject to the express terms of the Offer Notice, the Offer Space (including improvements and personalty, if any) shall be accepted by Subtenant in its “AS-IS” condition and as-built configuration existing on the date that Subtenant
exercises its option to lease the Offer Space, reasonable wear and tear and damage by casualty and condemnation excepted. 
 6.
Consent of Landlord; Additional Conditions. Tellabs’ obligations under this Sublease are conditioned upon receipt of Landlord’s Consent. Subtenant’s obligations under this Sublease are conditioned upon receipt of
Landlord’s Consent and upon satisfaction of the Additional Conditions (defined below). 
 (a) Consent. This Sublease
and the obligations of the parties under this Sublease are conditioned upon Tellabs obtaining and delivering to Subtenant Landlord’s written consent to this Sublease and the proposed use of the Premises set forth in Section 2 of this
Sublease (“Landlord’s Consent”). Tellabs and Subtenant shall cooperate to obtain Landlord’s Consent, but Tellabs’ inability to obtain Landlord’s Consent shall not be a default under this Sublease as long as
Tellabs used commercially reasonable efforts (which shall require nothing more than sending a written request to Landlord and following up on that request with a reasonable number of telephone calls, emails, or other correspondence). 

(b) Additional Conditions. Subtenant’s obligations under this Sublease are further conditioned upon satisfaction of each of
the following conditions precedent, which are for the sole benefit of Subtenant and which may be waived in writing at the sole option of Subtenant: (i) Landlord shall have granted its written consent to the Subtenant Building Top Signage (as
defined in Section 11) and Subtenant’s Work (including without limitation the scope of work, plans and specifications, architect, general contractor, engineers, and subcontractors and any other matters for which Landlord’s consent is
required with respect to Subtenant Building Top Signage and the Subtenant’s Work), (ii) Landlord shall have specified in writing the scope of Subtenant’s obligations to remove any improvements installed by Subtenant in connection with
the Subtenant’s Work and to perform restoration work, and Subtenant shall have approved 

  
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in writing those removal and restoration requirements, (iii) Landlord shall have executed for the benefit of Subtenant and delivered a non-disturbance and attornment agreement in a form
reasonably acceptable to Landlord and Subtenant, that provides that if the Prime Lease is terminated as a result of a default by Tellabs (which default is not based on or derived from a default by Subtenant under this Sublease or the Prime Lease),
then (A) Landlord will recognize Subtenant’s right to possession of the Premises pursuant to the terms of this Sublease and (B) Subtenant will attorn to Landlord and perform all of Subtenant’s obligations under this Sublease
directly to Landlord, as if Landlord were the sublandlord under this Sublease, (iv) if the Project is encumbered by a mortgage, deed of trust or other security instrument, Subtenant shall have received a subordination, non-disturbance and
attornment agreement executed by the holder of such instrument and Subtenant on terms reasonably acceptable to Subtenant, and (v) Subtenant and the landlord of the premises leased by Subtenant located on Clyde Avenue in Mountain View
(“TMG”) shall have executed and delivered an agreement on terms acceptable to Subtenant (the “Lease Termination Agreement”) pursuant to which Subtenant’s lease of such premises shall be terminated
and any conditions precedent to the effectiveness of the Lease Termination Agreement shall have been satisfied or waived in writing by Subtenant and TMG, as applicable (i-v collectively, the “Additional Conditions”). 

(c) Right to Terminate. Subtenant shall promptly deliver to Tellabs a detailed set of plans and specifications for
Subtenant’s Work in form and content required under the Prime Lease and all information reasonably requested by Landlord (in connection with Landlord’s approval of this Sublease) with respect to the nature and operation of Subtenant’s
business or the financial condition of Subtenant (the “Consent Submittals”); provided that Subtenant may require that Tellabs execute (and that Tellabs request that Landlord execute) a commercially reasonable non-disclosure
agreement as a condition to providing any information. Subtenant shall work diligently and in good faith with Tellabs and Landlord to obtain Landlord’s Consent and satisfaction of the Additional Conditions. If Tellabs does not get
Landlord’s Consent on or before the date that is the earlier of (i) 45 days after the date of this Sublease and (ii) 30 days after Landlord has received the Consent Submittals (the “Consent Date”), then either Tellabs or
Subtenant may terminate this Sublease by delivering written notice to the other party before the date that Tellabs receives Landlord’s Consent. In addition, if each of the Additional Conditions are not satisfied or waived in writing by
Subtenant on or before the Consent Date, at Subtenant’s sole option at any time thereafter Subtenant may terminate this Sublease by written notice to Tellabs, unless each Additional Condition is satisfied prior to Subtenant’s delivery of
its termination notice. 
 (d) Effect of Termination. Upon any termination of this Sublease in accordance with this
Section 6, Tellabs shall refund promptly to Subtenant (to the extent previously paid) the security deposit and any pre-paid rent or other amounts deposited with Tellabs, and the parties shall have no further obligations with respect to this
Sublease. 
 7. Security Deposit. Within 3 business days after the conditions of Sections 6(a) and 6(b) are
satisfied or waived by Subtenant, Subtenant shall deposit with Tellabs $567,633.10 as security for the full and faithful performance of every provision of this Sublease to be performed by Subtenant. If Subtenant defaults with respect to any
provision of this Sublease, and the default continues beyond any applicable cure period, including but not limited to the provisions relating to the payment of Rent, Tellabs may use, apply, or retain all or any part of the

  
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security deposit for the payment of any Rent and any other sum in default, or for the payment of any out-of-pocket, third party sum that Tellabs spends or becomes obligated to spend by reason of
Subtenant’s default or to compensate Tellabs for any other loss or damage that Tellabs suffers by reason of Subtenant’s default. If any portion of the security deposit is used or applied during the Term in accordance with this
Section 7, Subtenant shall, within 5 days after written demand from Tellabs, deposit cash with Tellabs in an amount sufficient to restore the security deposit to its original amount and Subtenant’s failure to do so shall be a material
breach of this Sublease. Except to the extent required by law, Tellabs shall not be required to keep the security deposit separate from its general funds, and Subtenant shall not be entitled to interest on any security deposit. Subtenant waives the
provisions of Section 1950.7 of the California Civil Code, and all other provisions of law, now or hereafter in force, which (a) establish a time frame within which a landlord must refund a security deposit under a lease, and/or
(b) provide that Tellabs may claim from a security deposit only those sums reasonably necessary to remedy defaults in the payment of Rent, to repair damage caused by Subtenant or to clean the Premises, it being agreed that Tellabs may, in
addition, claim those sums reasonably necessary to compensate Tellabs for any other loss or damage caused by the default of Subtenant under this Sublease, that a court of competent jurisdiction awards to Tellabs pursuant to Section 1951.2 of
the California Civil Code. The security deposit, or any balance remaining after deduction as set forth above, shall be returned to Subtenant within 30 days after the expiration of the Term and Subtenant’s surrender of the Premises in accordance
with the terms of this Sublease. 
 8. Rent. Subtenant shall pay to Tellabs c/o Tellabs Operations, Inc., c/o
Cresa Lease Admin. Services LLC, Dept. 10249, P.O. Box 87618, Chicago, Illinois 60680-0618, or by ACH direct deposit to an account in Tellabs’ name, or by wire transfer of immediately available funds in accordance with instructions attached to
this Sublease as Exhibit E, or at another place that Tellabs designates in a written notice to Subtenant, the following amounts at the following times, all of which (together with all other amounts that Subtenant owes to Tellabs) is
“Rent” under this Sublease: 
 (a) Base Rent. During the Term, Subtenant shall pay base rent
(“Base Rent”) to Tellabs monthly in advance, no later than the first day of each calendar month. If the Commencement Date is a day other than the first day of a month, or if the Term ends on a day other than the last day of a month,
Base Rent will be prorated accordingly. Subject to the abatement set forth in Section 8(c), Base Rent for the Premises shall be as follows: 
  

																	
	 Period
	  	Applicable
Square
Footage	 	  	Monthly Per
Square Foot	 	  	Annual
Amount	 	  	Monthly
Amount	 
	 Commencement Date through the 1st month after the Commencement Date
	  	 	92,209	  	  	$	1.65	  	  	$	1,825,738.20	  	  	$	152,144.85	  
					
	 The
2nd month after the Commencement Date through the
12th month after the Commencement Date
	  	 	96,209	  	  	$	1.65	  	  	$	1,904,938.20	  	  	$	158,744.85	  
					
	 The 13th month after the Commencement Date through the 24th month after the Commencement Date
	  	 	96,209	  	  	$	1.70	  	  	$	1,962,663.60	  	  	$	163,555.30	  

  
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	 The 25th month after the Commencement Date through the 36th after the Commencement Date
	  	 	96,209	  	  	$	1.75	  	  	$	2,020,389.00	  	  	$	168,365.75	  
					
	 The 37th month after the Commencement Date through the Expiration Date
	  	 	96,209	  	  	$	1.80	  	  	$	2,078,114.40	  	  	$	173,176.20	  

 (b) Additional Rent. 
 (i) For purposes of this Sublease, (A) Subtenant’s “Building Percentage” is the percentage determined from time to time by dividing the rentable square feet of the Premises by
the rentable square feet of the Building, which the parties agree is 29.81%; (B) Subtenant’s “Project Percentage” is the percentage determined from time to time by dividing the rentable square feet of the Premises by the
rentable square feet of the Project, which the parties agree is 14.90%; and (C) Subtenant’s Tax Percentage is the percentage determined from time to time by dividing the rentable square feet of the Premises by the total rentable square
feet of the buildings on the same tax parcel on which the Building is located, which the parties agree is 29.81%. 
 (ii)
Beginning on the Commencement Date, but subject to the abatement set forth in Section 8(c), Subtenant shall pay (A) Subtenant’s Building Percentage of Operating Expenses incurred for the Building, as determined by Landlord,
(B) Subtenant’s Project Percentage of Operating Expenses incurred for the Project Common Areas, excluding the Building and the Adjacent Building, as determined by Landlord, and (C) Subtenant’s Tax Percentage of the Taxes due to
Landlord under the Prime Lease. If Tellabs pays Additional Rent to Landlord each month, then Subtenant shall pay its share of those amounts (whether actual or estimated) to Tellabs at the time it pays Base Rent to Tellabs. Subtenant shall have no
obligation or liability with respect to any Additional Rent amounts that are otherwise solely attributable to Tellabs, including any penalty, late fee or interest charged to Tellabs’ due to the failure to pay Rent as required under the Prime
Lease or any default by Tellabs under the Prime Lease. If the Commencement Date is a day other than the first day of a month, or ends on a day other than the last day of a month, Additional Rent will be prorated accordingly. As of the date of this
Sublease, Landlord estimates $1.15 per square foot per month for Operating Expenses and Taxes. The estimates are not binding on Landlord or Tellabs, and nothing in this section constitutes a waiver of Tellabs’ rights to receive all Rent
(including, without limitation, Additional Rent) under this Sublease. If Subtenant pays any portion of Additional Rent based on an estimate from either Tellabs or Landlord, then Tellabs shall deliver to Subtenant copies of any statement of
reconciliation (the “Reconciliation Statement”) of Additional Rent that Tellabs receives from Landlord within 5 business days after Tellabs receives them from Landlord. If Subtenant’s estimated payments for Additional Rent
during the preceding year exceed Subtenant’s share as indicated by the Reconciliation Statement, Subtenant shall receive a credit against monthly payments of Additional Rent next becoming due under this Sublease, unless the credit is owed for
the last year of the Term, in which case Tellabs shall refund the overpayment to Subtenant 

  
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within 30 days after the date that Subtenant receives the Reconciliation Statement. If Subtenant’s estimated payments for Additional Rent during the preceding year were less than
Subtenant’s share as indicated on the Reconciliation Statement, Subtenant shall pay to Tellabs the amount of the deficiency within 30 days after Subtenant’s receipt of the Reconciliation Statement. At Subtenant’s written request,
Tellabs shall, at Subtenant’s expense, exercise its right on behalf of Subtenant to audit the Operating Expense statement and Taxes statement delivered to Tellabs by Landlord for any given year. A representative of Subtenant shall be permitted
to accompany Tellabs during any audit if Landlord consents to that participation in writing. Tellabs also shall permit Subtenant to participate in any arbitration of any disputes relating to Additional Rent if Landlord consents to that participation
in writing and, if requested by Subtenant, shall invoke, at Subtenant’s expense, Tellabs’ right to commence arbitration proceedings. At Subtenant’s written request and expense, Tellabs shall use commercially reasonable efforts (which
shall require nothing more than sending a written request to Landlord and following up on that request with a reasonable number of telephone calls, emails, or other correspondence) to obtain copies of invoices and other documents evidencing any
Operating Expenses or Taxes. All reasonable out of pocket costs and expenses, including, without limitation, reasonable attorneys’ fees, incurred by Tellabs in exercising its rights as required or requested under this Section 8(b)(ii)
shall be paid by Subtenant within 30 days of notice from Tellabs (which may include a retainer for Tellabs’ attorneys), and shall be deemed Rent due and payable under this Sublease. If Tellabs undertakes direct responsibility for making a
payment or providing a service that would otherwise be included in Operating Expenses or Taxes, then those amounts shall be included in Operating Expenses and Taxes for purposes of this Section 8(b). Subtenant’s obligation with respect to
Additional Rent and the payment of Subtenant’s share of Operating Expenses and Taxes shall survive the expiration or earlier termination of this Sublease, and Tellabs shall have the right to retain the security deposit to secure payment of
those amounts for the final year of this Sublease during which Subtenant was obligated to pay those expenses. 
 (iii) The cost
of electricity for the office areas of the Premises will be part of Operating Expenses. Subtenant shall pay a separate charge to Tellabs for electricity and supplemental HVAC in all non-office areas of the Premises. The non-office areas of the
Premises are metered separately for electricity and supplemental HVAC. Subtenant shall pay Tellabs for Subtenant’s share of electricity and supplemental HVAC for the non-office portions of the Premises (as determined by the sub-meter) within 30
days after Subtenant receives an invoice from Tellabs. Subtenant may use the portion of the supplemental cooling allocated to the non-office portions of the Premises by Landlord. 

(iv) Subtenant shall pay to Tellabs all other amounts payable by Tellabs under the Prime Lease that are attributable to the Premises (as
distinguished from the entire Prime Lease Space) or attributable to Subtenant, its agents, employees, customers, or invitees. The costs contemplated under this Section 8(b) include, without limitation, costs incurred by Tellabs or Landlord in
repairing damage to the Premises or Building caused by Subtenant, increased insurance premiums due as a result of Subtenant’s use of the Premises, charges imposed in connection with obtaining

  
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Landlord’s consent to anything contemplated by Subtenant under this Sublease that requires Landlord’s consent, and amounts expended or incurred by Landlord on account of any default by
Subtenant that gives rise to a default under the Prime Lease. 
 (v) Each amount due under this
Section 8(b), and each other amount payable by Subtenant under this Sublease, unless a date for payment is provided for elsewhere in this Sublease, is due and payable on the earlier of the 30th day after the date on which Landlord or Tellabs notifies Subtenant
of the amount due. Subtenant shall pay Landlord on the due dates for services requested by Subtenant that are billed by Landlord directly to Subtenant rather than Tellabs. 

(c) Abatement. Beginning on the Commencement Date and continuing for the first 12 months of the Term (the
“Abatement Period”), all of the Base Rent and Subtenant’s share of Operating Expenses and Taxes will fully abate, except that for the twelfth (12th) month of the Abatement Period, Subtenant shall pay Tellabs the sum of $40,243 to be applied towards
Subtenant’s share of Operating Expenses and Taxes. With regard to the abatement of Subtenant’s share of Operating Expenses and Taxes pursuant to the immediately preceding sentence of this Section 8(c), Tellabs and Subtenant
acknowledge that such abatement has been calculated based on an estimate of Subtenant’s share of Operating Expenses and Taxes during the Abatement Period being equal to $1.15 per square foot, for a total value of $1,323,084.20, and such amounts
shall be subject to adjustment after the actual amounts of Subtenant’s share of Operating Expenses and Taxes have been determined in accordance with Section 8(b)(ii) of this Sublease. In the event of any such adjustment, if the applicable
Reconciliation Statement(s) indicate(s) that Subtenant’s share of Operating Expenses and Taxes during the Abatement Period are less than $1,323,084.20, Subtenant shall receive a credit against monthly payments of Operating Expenses and Taxes
next becoming due under this Sublease. If the applicable Reconciliation Statement(s) indicate(s) that Subtenant share of Operating Expenses and Taxes during the Abatement Period exceed $1,323,084.20, Subtenant shall pay to Tellabs the amount of the
deficiency within 30 days after Subtenant’s receipt of the Reconciliation Statement. If the Sublease terminates before the Expiration Date because Subtenant has defaulted, Tellabs shall, to the extent not already included in the damages
recoverable by Tellabs and not prohibited by the laws of the State of California then in effect, have the right to recover from Subtenant as damages the unamortized amount of the Base Rent abatement, amortized at 8% per year on a straight-line
basis over 43 months. 
 (d) Pre-payment of Rent. Within 3 business days after Tellabs receives
Landlord’s Consent and the Additional Conditions have been satisfied or waived in writing by Subtenant, Subtenant shall pay to Tellabs $274,195.65 as pre-paid Rent (the “Pre-paid Rent”). Tellabs shall apply the Pre-paid Rent
against Rent payable by Subtenant for the 13th month of
the Term. Tellabs may commingle the Pre-paid Rent with other funds and is not holding the Pre-paid Rent in trust for Subtenant. Subtenant is not entitled to interest on the Pre-paid Rent. 

(e) Late Charges. Unpaid Rent shall bear interest from the date due until paid at an annual rate of the lesser of 12% and the
maximum rate permissible by law; provided that interest will cease accruing after 30 days unless written notice of non-payment is sent to Subtenant in that time. 

  
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 (f) General. All rent shall be paid without notice, demand, deduction, or set off in funds
that are legal tender for public or private debts in The United States of America. Tenant’s obligation to pay Rent is an independent covenant under this Sublease. 
 9. Condition of Premises; Subtenant’s Work; Surrender. 
 (a)
As-is. Tellabs has made no promise to alter, remodel, or improve the Premises and no representation respecting the condition of the Premises to Subtenant. Subtenant has examined the Premises, is fully familiar with its physical condition, and
accepts the Premises in its then present condition “AS IS” and “WHERE IS” as of the date of this Sublease with no express or implied warranties. Despite the foregoing, Tellabs shall deliver the
Premises in good order, and with all systems in good operating condition and repair, including, but not limited to the HVAC, plumbing, electrical and life safety systems. Throughout the Term, Subtenant shall, at its sole expense, make all
alterations to the Premises (including, without limitation, the installation of restrooms or other improvements) required by applicable laws to the extent that Tellabs would be required to make those alterations under the Prime Lease. Subtenant
shall, however, have no responsibility or liability for any non-compliance with any laws or requirements that are in existence as of the Commencement Date of this Sublease. 
 (b) Subtenant Work. At any time after the Commencement Date, subject to Landlord’s prior written consent, Subtenant may make improvements to the Premises as shown on the conceptual space plan
attached as Exhibit D to this Sublease and install its equipment and cabling (“Subtenant’s Work”). Tellabs approves Subtenant’s Work shown on Exhibit D. Subtenant’s Work shall be
constructed in accordance with plans and specifications approved by Landlord and otherwise consistent with the requirements of the Prime Lease and this Sublease. Subtenant’s Work shall be completed in a good and workmanlike manner and in
accordance with all applicable laws and the Prime Lease. Subtenant shall have no obligation to pay Tellabs a supervisory fee or a fee for overhead associated with Subtenant’s Work, but Subtenant must pay Landlord (or reimburse Tellabs) for any
costs that Landlord is entitled to charge to review and approve Subtenant’s Work. All required or desired modifications or reconfigurations to life safety, mechanical, electrical, plumbing, and other systems shall be at Subtenant’s expense
and be deemed part of Subtenant’s Work. 
 (c) Personalty. On the date that Subtenant takes possession of the
Premises, Tellabs will be deemed to have conveyed to Subtenant, subject to the rights of Landlord under the Prime Lease, the items of personal property listed in Exhibit C to the extent owned by Tellabs and located in the Premises as of the
date of this Sublease (the “Personalty”). Subtenant will pay to Tellabs $1.00 as the purchase price for the Personalty. Tellabs is conveying the Personalty to Subtenant in its “AS IS” and
“WHERE IS” condition, without warranty. Tellabs represents that it owns the Personalty free and clear of any liens or encumbrances, and has the right to convey the Personalty to Subtenant. Before the Commencement Date,
Tellabs shall remove from the Premises all personal property other than the Personalty. This Section 9(c) shall be deemed to be a bill of sale for the purpose of conveying the Personalty. Subtenant shall be responsible for the payment of any
sales tax due in connection with the conveyance of the Personalty. 
 (d) Surrender. Upon the expiration of the Term, or
upon any earlier 

  
 10 

 
termination of the Term in accordance with this Sublease, or of Subtenant’s right to possession of all or any part of the Premises, Subtenant must remove all trade fixtures and personal
property installed in the Premises by Subtenant and surrender the Premises broom-clean and in substantially the same condition as at the date Subtenant took possession, reasonable wear and tear, casualty and condemnation, and damage caused by acts
or omissions of Tellabs, Landlord and their respective employees, contractors, and invitees excepted. Subject to Section 6(b) above, Subtenant must remove all alterations, additions, and improvements that Subtenant installs or constructs and
that Landlord would require Tellabs to remove at the end of the term of the Prime Lease. Subtenant must repair all damage caused by its removal of its trade fixtures, personal property, alterations, additions, and improvements. Subtenant shall have
no obligation or liability for removing any alterations or improvements not otherwise constructed by Subtenant, including any alterations or improvements constructed by or on behalf of Tellabs prior to the Commencement Date. The terms of this
Section 9(d) shall survive the expiration or earlier termination of this Sublease. 
 (e) Hazardous Materials.
Subtenant shall have no liability or responsibility for performing or paying for (as Operating Expenses or otherwise) any Hazardous Materials remediation with respect to the Premises, Building and/or Project not otherwise caused or permitted by
Subtenant or its employees, agents, contractors, or invitees. 
 10. The Prime Lease. 

(a) Incorporation. This Sublease and all rights of Subtenant under this Sublease and with respect to the Premises are subject to
the terms, conditions, and provisions of the Prime Lease. Except to the extent excluded from incorporation into this Sublease or otherwise inconsistent with the terms of this Sublease, all of the terms and conditions applicable to the Premises
contained in the Prime Lease (each, to the extent applicable from and after the Commencement Date and through the Expiration Date) are incorporated into this Sublease as terms of this Sublease (with each reference therein to “Landlord”,
“Tenant”, “Lease”, “Base Rent”, and “Premises” to be deemed to refer to “Tellabs”, “Subtenant”, “Sublease”, “Base Rent” and “Premises” under this Sublease,
respectively). To the extent first arising after the Commencement Date and accruing during the Term of this Sublease, Subtenant assumes and agrees to perform faithfully and be bound by, with respect to the Premises, all of Tellabs’ obligations,
covenants, agreements, and liabilities under the Prime Lease and all terms, conditions, provisions, and restrictions contained in the Prime Lease except: 
 (i) that the following provisions of the Prime Lease do not apply to, and are not incorporated into, this Sublease: The Basic Lease Information, Article 1, except for Section 1.1 (other than the
first sentence) and Section 1.3 (Common Areas), Article 2 (Term and Condition of Premises), Article 4 (Rent), Article 5 Rent Adjustment), except for Sections 5.1, 5.5, and 5.8, Section 13.1 (Landlord Insurance), the last 2 sentences of
Section 13.2, Article 18 (Assignment and Subletting), other than Section 18.8, 18.9, and the second sentence of 18.10, Sections 22.1 (Event of Default), 22.11 (self-help), 30.5 (SNDA), 31.1 (Holding Over), 32.4 (Tenant Signage), 33.8
(Landlord Health and Safety Representation), Article 36 (Notices), Sections 42.1 (Brokers) and 46.1 (Recording), Article 51 (Option to Extend), Articles 54 (Rooftop Rights), 55 (Right of First Refusal), and 56 (Right to Terminate), Exhibit B
(Premises),Exhibit B-1 (Must Take Space), Exhibit C (Work Letter), Exhibit F (Commencement 

  
 11 

 
Date Memorandum), and Exhibit I (Location of Tenant’s Signage), Sections 2, 3, 4, 5, 7, 9, and 10 of the First Amendment, the Second Amendment, the Third Amendment, and any provisions
(A) allowing or purporting to allow any rights or options of lease, expansion, reduction, cancellation, or extension, or any rent concessions, abatements, or construction allowances, or any rights, obligations, or covenants capable of being
exercised or performed, as applicable, solely by Tellabs or (B) relating to payments due to Landlord from Tellabs for the payment of real estate taxes, insurance, or maintenance fees; 

(ii) that Tellabs shall have no obligation to Subtenant to construct or install tenant improvements; and 

(iii) Except as otherwise set forth in this Sublease expressly, Subtenant has a period of time equal to one-half the period of time that
the tenant under the Prime Lease has to respond to or otherwise cure any notices given by Landlord under the Prime Lease. 
 (b)
Additional Matters. In addition, and despite the incorporation or exclusion, as applicable, of certain sections of the Prime Lease into or from this Sublease, Tellabs and Subtenant agree as follows: 

(i) Subject to Section 9(b) of this Sublease, Subtenant shall not make any changes, alterations, or additions in or to the Premises
without the prior written consent of Tellabs and Landlord. Tellabs agrees to not unreasonably withhold, condition, or delay its consent, but may condition its consent on the consent of Landlord and may require that Subtenant contact Landlord
directly for its consent and take all other steps needed to assure that Tellabs will have no additional obligations to Landlord under the Prime Lease. If Subtenant delivers written notice to Tellabs requesting consent to any alterations or
improvements, and Tellabs fails to provide Subtenant with written notice of Tellabs refusal to grant consent and the reasons for that refusal within 10 business days after receipt of Subtenant’s notice, then Tellabs, but not Landlord, shall be
deemed to have approved the alteration or improvement set forth in the initial notice from Subtenant. Despite the foregoing, Subtenant shall have the right to perform cosmetic changes and upgrades to the Premises as permitted pursuant to
Section 15.1 of the Prime Lease without the consent of Tellabs or Landlord, and shall have the right to perform Minor Alterations as provided in Section 15 of the Prime Lease. Subtenant shall construct all alterations or improvements in
accordance with the provisions of the Prime Lease and this Sublease. Tellabs shall use commercially reasonable efforts (which shall require nothing more than sending a written request to Landlord and following up on that request with a reasonable
number of telephone calls, emails, or other correspondence) to obtain Landlord’s consent to any additions, alterations, or improvements that Subtenant desires to construct in the Premises. 

(ii) If Subtenant desires to take any action, and the Prime Lease requires Tellabs to obtain the consent of Landlord before undertaking
that type of action, Subtenant shall not undertake the action without the prior written consent of Tellabs and Landlord. Tellabs agrees to not unreasonably withhold, condition, or delay its consent, but may condition its consent on the consent of
Landlord and may require that Subtenant contact Landlord directly for its consent and take all other steps needed to assure that Tellabs will have no additional obligations to Landlord under the Prime Lease. Within 30 days of notice from Tellabs,
Subtenant shall reimburse Tellabs for all reasonable out of pocket costs, expenses, and 

  
 12 

 
reasonable attorneys’ fees that Tellabs incurs in attempting to obtain a consent from Landlord (excluding Landlord’s Consent as set forth in Section 6). 

(iii) Tellabs has, with respect to Subtenant, all rights, privileges, options, reservations, and remedies granted or allowed to, or held
by, Landlord under the Prime Lease, including without limitation, all rights given to Landlord and its agents and representatives by the Prime Lease to enter the Prime Lease Space, subject to the same limitations, restrictions, and conditions with
respect to the same as set forth in the Prime Lease. 
 (iv) Subtenant must maintain insurance with respect to the Premises of
the kinds and in the amounts required to be maintained by Tellabs under the Prime Lease. All policies of liability insurance maintained by Subtenant shall name as additional insureds Landlord, Landlord’s managing agent, Tellabs, and any other
parties that Landlord requires Subtenant to name. In addition, Subtenant shall furnish Landlord and Tellabs with evidence of the insurance coverage in the amounts required under the Prime Lease. 

(v) Neither Subtenant nor Tellabs shall do anything or suffer or permit anything to be done that could result in a default under the
Prime Lease or permit Landlord to cancel the Prime Lease. Except to the extent that Subtenant has agreed to or is required under this Sublease to perform the obligations of Tellabs under the Prime Lease, Tellabs shall, subject to Force Majeure, take
all actions that are required to be taken by it under the Prime Lease if the failure to take that action would constitute a default under the Prime Lease. 
 (vi) Subtenant waives the provisions of Section 1932, Subdivision 2, and Section 1933, Subdivision 4, of the California Civil Code, and the provisions of any similar law hereinafter enacted.

 (vii) Subtenant waives the provisions of Sections 1941 and 1942 of the California Civil Code and any similar or successor
law regarding Subtenant’s right to make repairs and deduct the expenses of those repairs from the Rent due under this Sublease. 
 (viii) Tellabs shall not rescind, terminate, amend, exercise any early termination right, or otherwise enter into any agreement modifying or affecting the Prime Lease in a manner that would affect
adversely Subtenant’s rights or obligations under this Sublease (including, without limitation, any agreement subordinating its rights under the Prime Lease to the rights of any other party) without the prior written consent of Subtenant unless
Tellabs is required by the terms of the Prime Lease to enter into that agreement. 
 (c) Casualty. Despite anything
contained in this Sublease or in the Prime Lease to the contrary, if the Premises, Building, or common areas to the Building are damaged or destroyed by fire or other casualty, Tellabs and Subtenant agree that: 

(i) Rent will not abate due to any casualty unless, and then only to the extent that, rent and other payments actually abate under the
Prime Lease with respect to the Premises, and Subtenant shall be entitled to a proportionate abatement of Rent, if applicable; and 
 (ii) If the casualty prevents Subtenant from operating its business in the Premises or Subtenant’s access to the Premises and (a) Tellabs and Subtenant agree that the

  
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restoration of the damage cannot be substantially completed within 270 days after the date of the casualty or (b) if Tellabs and Subtenant cannot agree on the time period for the restoration
within 10 days after the date of the casualty, the written opinion of an unaffiliated third-party architect mutually acceptable to Tellabs and Subtenant (whom the parties shall select within 15 days after the casualty) (the “Completion
Estimate”) indicates that the restoration of the damage cannot be substantially completed within 270 days after the date of the casualty, then Subtenant may terminate this Sublease by delivering written notice of termination to Tellabs no
later than 30 days after the parties agree on the time period for restoration or Subtenant receives the Completion Estimate, as the case may be. If any casualty occurs during the last year of the Term, and if the cost to repair or reconstruct the
portion of the Premises which was damaged or destroyed shall exceed $100,000, then, irrespective of the time necessary to complete such repair or reconstruction, Subtenant shall have the right, in its sole and absolute discretion, to terminate the
Lease effective upon the occurrence of such damage. 
 (d) Condemnation. Despite anything contained in this Sublease or
in the Prime Lease to the contrary, Tellabs and Subtenant agree that: 
 (i) Rent will not abate due to any condemnation or
other taking unless, and then only to the extent that, rent and other payments actually abate under the Prime Lease with respect to the Premises. Subtenant is not entitled to any portion of the proceeds of any award for a condemnation or other
taking, or a conveyance in lieu of a condemnation or taking, of all or any portion of the Building, the Prime Lease Space, or the Premises, but Subtenant may pursue a separate action against the applicable governmental authority for an award with
respect to the Sublease and Subtenant’s costs and expenses of relocation as a result of the condemnation or other taking, as long as it does not diminish any award available to Tellabs or Landlord. 

(ii) Except as expressly set forth in this Sublease, Subtenant is not entitled to exercise or have Tellabs exercise any option under the
Prime Lease, including, without limitation, any option to terminate or extend the term of the Prime Lease or lease additional space. 
 (iii) If the terms of the Prime Lease conflict with the terms of this Sublease, the terms of this Sublease control as between Tellabs and Subtenant. 

(e) No Obligations or Liabilities. Tellabs does not assume the obligations or liabilities of Landlord under the Prime Lease and is
not making the representations or warranties, if any, made by Landlord in the Prime Lease. With respect to the obligations of Landlord under the Prime Lease or if any of the circumstances described in clause (a) of Section 6.6 of the Prime
Lease exist, Tellabs agrees, upon written request from Subtenant (an “Enforcement Request”), to use reasonable efforts (which efforts shall include, to the extent necessary, sending notice and demand letters and default notices to
Landlord on Subtenant’s behalf promptly after receipt of a written request from Subtenant) to cause Landlord to take the actions described in the Enforcement Request, and, if Landlord’s failure to perform continues, Tellabs agrees to
enforce, at Subtenant’s expense, Landlord’s obligations and liabilities under the Prime Lease in a manner reasonably directed by Subtenant, including self-help remedies and litigation or arbitration if necessary. All reasonable out of
pocket costs and expenses, including, without limitation, 

  
 14 

 
reasonable attorneys’ fees, incurred by Tellabs in attempting to enforce Landlord’s obligations and liabilities under the Prime Lease as aforesaid shall be paid by Subtenant within 30
days after written notice from Tellabs (which may include a retainer for Tellabs’ attorneys), and shall be deemed Rent due and payable under this Sublease. Tellabs shall not be liable in damages, nor, subject to Section 10 (f) below,
shall Rent abate, for or because of any failure by Landlord to perform the obligations imposed on it under the Prime Lease. If, however, Rent abates under the Prime Lease in accordance with Section 6.6 of the Prime Lease, then Subtenant shall
be entitled to a proportionate abatement of Rent under this Sublease. 
 (f) Subtenant’s Rights. Despite anything to
the contrary contained in Section 10(e), if (i) Landlord fails to perform its obligations under the Prime Lease, (ii) Tellabs receives an Enforcement Request from Subtenant, (iii) Landlord’s failure prevents Subtenant from
using all or any part of the Premises for a period in excess of 3 consecutive business days after Tellabs receives that Enforcement Request, and (iv) Tellabs fails to act on that Enforcement Request as required under Section 10(e) within
10 business days after receipt of that Enforcement Request, then Base Rent and Subtenant’s share of Operating Expenses and Taxes shall be abated or reduced, as the case may be, on the same basis as set forth in Section 6.6 of the Prime
Lease. Further, if Tellabs has still not acted on that Enforcement Request as required under Section 10(e) within 45 days after receipt of that Enforcement Request, and Subtenant is still prevented from using all or any part of the Premises due
to the cause stated in that Enforcement Request, then Subtenant may elect to terminate this Sublease by sending written notice to Tellabs at any time before Tellabs has begun to act on the Enforcement Request. If Subtenant terminates this Sublease
in accordance with this Section 10(f), then Subtenant must surrender the Premises in the condition required under this Sublease. 
 (g) No Privity. Nothing contained in this Sublease shall be construed to create privity of estate or contract between Subtenant and Landlord. 

11. Subtenant Signage. Tellabs has no right to grant signage rights to Subtenant. Subject to receipt of Landlord’s
consent, Tellabs consents to Subtenant placing signage in the lobby directory, suite identification signage at the entrance door to each suite that comprises the Premises, and a sign on the top exterior of the Building (the “Subtenant
Building Top Signage”), the size and location of which shall be consistent with Tellabs’ existing Building Top Signage (as defined in the Prime Lease) and acceptable to Landlord. Receipt of Landlord’s consent to the Subtenant
Building Top Signage is a condition to the effectiveness of this Sublease as set forth in Section 6(b) above. Tellabs agrees to use its reasonable efforts in seeking Landlord’s consent to place a sign on the exterior of the Building. All
of Subtenant’s signage shall be subject to Landlord’s consent and must be installed and maintained by Subtenant at its cost in accordance with all laws and legal requirements. Subtenant shall pay all costs relating to its signage,
including, without limitation, costs to install and maintain its signage and to remove its signage upon the expiration or earlier termination of this Sublease. At the end of the Term, Subtenant must remove all of Subtenant’s signs and repair
all damage to the Premises or the Building caused by Subtenant’s signs or the removal of Subtenant’s signs. Subtenant shall have no obligation to remove Tellabs’ signs or any other signs other than Subtenant’s signs at the
expiration or earlier termination of this Sublease. 
 12. Parking Spaces. Subject to Tellabs’ right to
parking spaces under the Prime 

  
 15 

 
Lease, Subtenant shall have the right to use, on a non-exclusive basis, 317 of the parking spaces that Landlord provides to Tellabs. 

13. Access Cards. Upon Subtenant’s request, Tellabs shall, at Subtenant’s cost, obtain from Landlord on behalf of
Subtenant, the number of access cards requested by Subtenant for use by its employees at the Premises. Subtenant shall pay Tellabs for the costs of all access cards provided to Subtenant’s employees and all replacements of lost, stolen or
damaged cards in the amount that Landlord charges Tellabs. Subtenant shall not make or authorize any duplicates of access cards to be made. Subject to Landlord’s prior written approval, Subtenant may install a card reader access system for the
Premises. If Subtenant installs a card reader access system for the Premises, Subtenant shall provide Tellabs and Landlord with duplicate access cards. If Subtenant does not provide Tellabs and Landlord with access to the Premises, then Tellabs and
Landlord may, in an emergency situation where in Tellabs’ or Landlord’s judgment prompt entry is required to prevent or minimize personal injury, death, or property damage, or in any other situation identified in this Sublease or in the
Prime Lease in which Tellabs or Landlord has the right to enter the Premises, use such force as may be reasonably necessary to gain entry into the Premises, and neither Tellabs nor Landlord shall be liable to Subtenant for damages resulting from use
of that force. Subtenant’s failure to provide access to personnel for janitorial services shall not allow Subtenant to reduce Rent. Upon termination of this Sublease, Subtenant shall surrender to Tellabs all access cards to any access control
devices on doors entering or within the Premises, and shall provide Tellabs with the combination of all locks for safes, safe cabinets and vault doors, if any, in the Premises. 

14. Default by Subtenant. 
 (a) Events of Default. Upon the happening of any of the following, Subtenant shall be in default under this Sublease and Tellabs may exercise, without limitation of any other rights and remedies
available to it under this Sublease or at law or in equity, any and all rights and remedies of Landlord set forth in the Prime Lease in the event of a default by Tellabs under the Prime Lease: 

(i) Subtenant fails to pay any Rent when due, and the failure continues for 4 days after receipt of written notice from Tellabs to
Subtenant, except that if Subtenant fails to pay Rent when due once during any consecutive 12 month period, then the next time or times that Subtenant fails to pay Rent when due during that 12 month period, Subtenant shall be in default whether or
not Tellabs notifies Subtenant of the failure; 
 (ii) Subtenant fails to perform or observe any other covenant or agreement
set forth in this Sublease for 15 days after notice from Tellabs, unless compliance is not possible within 15 days and Subtenant began to comply within 5 days and diligently pursues it to completion; or 

(iii) any other event occurs that involves Subtenant or the Premises and that would constitute a default under the Prime Lease (whether
or not that section of the Prime Lease has been incorporated into this Sublease in accordance with Section 10(a) of this Sublease) if it involved Tellabs or the Prime Lease Space and the default is not cured within the applicable cure period,
if any, under the Prime Lease as modified by Section 10(a)(iii) of this Sublease after 

  
 16 

 
notice of the default is delivered to Subtenant. 
 (b) Landlord Right
to Perform. If Subtenant fails or refuses to timely make any payment or perform any covenant or agreement, Tellabs may make the payment or perform the covenant or agreement (but shall not have any obligation to Subtenant to do so). In such
event, any reasonable amounts so paid and amounts expended in undertaking such performance, together with all costs, expenses, and reasonable attorneys’ fees incurred by Tellabs in connection therewith, shall be Rent. 

(c) Waiver. Subtenant waives redemption or relief from forfeiture under California Code of Civil Procedure Sections 1174 and 1179,
or under any other present or future law, in the event Subtenant is evicted or Tellabs takes possession of the Premises by reason of any default of Subtenant under this Sublease. 

(d) Additional Rights. In addition to the remedies available under the Prime Lease, at law, or in equity, after a default by
Subtenant, and upon the expiration of any applicable notice and cure periods, Tellabs shall, to the extent not already included in the damages recoverable by Tellabs and not prohibited by the laws of the State of California then in effect, have the
right to recover from Subtenant as damages the unamortized amount of the leasing commissions paid in connection with this Lease, calculated on a straight-line basis over the Term. 

15. Non-Waiver. Failure of either Tellabs or Subtenant to declare any default or delay in taking any action in connection
with a default shall not waive the default. No receipt of moneys by either party after the termination of the Term or of Subtenant’s right of possession or after the giving of any notice shall reinstate, continue, or extend the Term or affect
any notice given to Subtenant or Tellabs or any suit commenced or judgment entered before receipt of those moneys. 
 16.
Cumulative Rights and Remedies. All rights and remedies of Tellabs under this Sublease are cumulative and none shall exclude any other rights or remedies allowed by law. 

17. Waiver of Claims; Indemnity. 
 (a) Waiver of Claims. Subtenant releases and waives all claims against Landlord and Tellabs and each of their respective officers, directors, shareholders, partners, agents, members, managers, and
employees and their respective successors and assigns for injury or damage to person, property, or business sustained in or about the Premises by Subtenant other than by reason of Tellabs’ or Landlord’s negligence or willful misconduct and
except in any case which would render this release and waiver void under law. 
 (b) Subtenant’s Indemnity. Except
to the extent due to the negligence or willful misconduct of Tellabs or a material default (beyond all applicable notice and cure periods) by Tellabs under this Sublease, Subtenant shall indemnify and defend Landlord and Tellabs and each of their
respective officers, directors, shareholders, partners, agents, members, managers, and employees and their respective successor and assigns, from and against any and all losses, claims, demands, costs, and expenses of every kind and nature,
including reasonable attorneys’ fees and litigation expenses, to the extent arising from Subtenant’s occupancy of the 

  
 17 

 
Premises, Subtenant’s construction of any leasehold improvements in the Premises or from any breach or default on the part of Subtenant in the performance of any agreement or covenant of
Subtenant to be performed or performed under this Sublease or pursuant to the terms of this Sublease, or from any act or omission of Subtenant or its agents, officers, employees, guests, servants, invitees, or customers in or about the Premises or
the Building. At Tellabs’ request, Subtenant shall defend such proceeding at its sole cost and expense by legal counsel reasonably satisfactory to Tellabs and Landlord. The provisions of this Section 17(b) shall survive the expiration or
earlier termination of this Sublease. 
 (c) Tellabs’ Indemnity. Except to the extent due to the negligence or
willful misconduct of Subtenant or a material default (beyond all applicable notice and cure periods) by Subtenant under this Sublease, Tellabs shall indemnify and defend Subtenant and its officers, directors, shareholders, partners, agents,
members, managers, and employees and their respective successor and assigns, from and against any and all losses, claims, demands, costs, and expenses of every kind and nature, including reasonable attorneys’ fees and litigation expenses, to
the extent arising from (i) any default (beyond all applicable notice and cure periods) of Tellabs under the Prime Lease or this Sublease excepting a default of Tellabs under the Prime Lease or this Sublease that was caused by a default by
Subtenant under this Sublease or (ii) damage to persons or property at the Premises or the Building to the extent arising from the negligence or willful misconduct of Tellabs or its employees, agents, or contractors. The provisions of this
Section 17(c) shall survive the expiration or earlier termination of this Sublease. 
 18. Waiver of
Subrogation. Despite anything in this Sublease to the contrary, Tellabs and Subtenant each waive all rights of recovery, claims, actions, or causes of action against the other and the officers, directors, shareholders, partners, agents, and
employees of each of them, and Subtenant waives any and all rights of recovery, claims, actions, or causes of action against Landlord and its agents, officers, directors, partners, members, managers, and employees and their respective successors and
assigns, for any loss or damage that may occur to the Premises, any improvements to the Premises, or any personal property of any person in the Premises by reason of fire, the elements, or any other cause insured against under valid and collectible
fire and extended coverage insurance policies, regardless of cause or origin, including negligence, except in any case which would render this waiver void under law, to the extent that such loss or damage is actually recovered under said insurance
policies. 
 19. Brokerage Commission. Each party represents and warrants to the other that, other than CRESA
Partners and CBRE (whose commissions will be payable by Tellabs under separate agreements), it has had no dealings with any real estate broker or agent in connection with this Sublease, and that it knows of no other real estate broker or agent who
is or might be entitled to a commission in connection with this Sublease. This Section 19 is not intended to create any third party beneficiary rights. Each party agrees to protect, defend, indemnify, and hold the other and its officers,
directors, partners, members, managers, agents, and employees and their respective successors and assigns harmless from and against any and all claims inconsistent with the foregoing representations and warranties for any brokerage, finders or
similar fee or commission in connection with this Sublease, if such claims are based on or relate to any act of the indemnifying party which is contrary to the foregoing representations and warranties. 

  
 18 

 20. Successors and Assigns. This Sublease shall be binding upon and inure to
the benefit of the successors and assigns of Tellabs, and shall be binding upon and inure to the benefit of the successors of Subtenant and, to the extent any such assignment may be approved, Subtenant’s assigns. In addition, Subtenant
acknowledges and agrees that Tellabs has the absolute and unqualified right to assign this Sublease subject to the consent of Landlord, provided that the assignee assumes all obligations of Tellabs under this Sublease. 

21. Assignment and Subletting. 
 (a) Consent Required. Subtenant shall not (directly or indirectly by operation of law or otherwise) assign this Sublease or sublet or otherwise transfer its interest in all or any part of the
Premises or this Sublease without the prior written consent of Landlord and Tellabs, unless the transfer is to a Permitted Transferee in accordance with Section 18.8 or 18.9 of the Prime Lease. Tellabs agrees to not unreasonably withhold,
condition, or delay its consent, but may condition its consent on the consent of Landlord and may require that Subtenant contact Landlord directly for its consent and take all other steps needed to assure that Tellabs will have no additional
obligations to Landlord under the Prime Lease. If Subtenant wishes to assign or transfer this Sublease or sublet all or any part of the Premises, other than to a Permitted Transferee (which shall be done in accordance with Section 18.8 or 18.9
of the Prime Lease), it shall give notice in writing of such intention to Landlord and Tellabs, furnishing Landlord and Tellabs with a copy of the proposed assignment, transfer, or sublease document and full information as to the identity and
financial status of the proposed assignee or subtenant. Tellabs will endeavor to approve or reject such assignment or subletting by written notice to Subtenant within 15 days after receipt of Subtenant’s notice. If Tellabs fails to notify
Subtenant of Tellabs’ approval or disapproval within that 15-day period, Subtenant shall have the right to provide Tellabs with a second written request for approval that contains the following statement in bold and capital letters:
“THIS IS A SECOND REQUEST FOR APPROVAL OF TRANSFER UNDER THE PROVISIONS OF SECTION 21 OF THE SUBLEASE. IF TELLABS FAILS TO RESPOND WITHIN 10 DAYS AFTER RECEIPT OF THIS NOTICE, THEN TELLABS SHALL BE DEEMED TO HAVE APPROVED THE TRANSFER
DESCRIBED IN THIS NOTICE.” If Tellabs fails to respond to the second request within 10 days after receipt by Tellabs, the transfer shall be deemed approved by Tellabs. 

(b) Conditions to Consent. Tellabs shall not be deemed to have unreasonably withheld its consent to a sublease of part or all of
the Premises or an assignment or other transfer of this Sublease if its consent is withheld because: (i) Subtenant is then in default under this Sublease; (ii) any notice of termination of this Sublease or termination of Subtenant’s
possession of the Premises shall have been given in connection with a default by Subtenant under this Sublease; (iii) the portion of the Premises that Subtenant proposes to sublease, including the means of ingress and egress thereto and the
proposed use thereof, or the remaining portion of the Premises will violate any city, state or federal law, ordinance or regulation; (iv) the proposed use of the Premises by the subtenant or assignee does not conform with the use set forth in
Section 2 of this Sublease; (v) in the reasonable judgment of Tellabs, the proposed subtenant or transferee is not sufficiently financially responsible to perform its obligations under the proposed sublease or assignment or other transfer
or occupancy agreement; (vi) the proposed subtenant or transferee is then a subtenant of Tellabs in the Building or is or has, within the preceding 6 months, been negotiating with Tellabs to sublease or otherwise occupy space in the Building;

  
 19 

 
(vii) the proposed subtenant or transferee or any of the proposed subtenant’s or transferee’s parents, subsidiaries, or affiliates are, in the reasonable judgment of Tellabs, a
competitor of Tellabs; or (viii) consenting to the sublease or transfer would cause Tellabs to be in default under the Prime Lease or another sublease for space in the Building; provided, however, that the foregoing are merely examples of
reasons for which Tellabs may withhold its consent and shall not be deemed exclusive of any permitted reasons for reasonably withholding consent, whether similar or dissimilar to the foregoing examples. 

(c) Subtenant Remains Liable. Despite any assignment, sublease, or other transfer, Subtenant shall remain liable under this
Sublease and shall not be released without the express written agreement of Landlord and Tellabs. The consent by Landlord and Tellabs to any assignment or subletting shall not constitute a waiver of the necessity for such consent to any subsequent
assignment or subletting. Within 30 days after Subtenant receives payment under an assignment, sublease or other transfer of the Premises or this Sublease, Subtenant shall pay Tellabs 50% of all rent and consideration that Subtenant receives from
that transfer that exceeds Rent (or if only a portion of the Premises is being sub-sublet, 50% of all rent and consideration that Subtenant receives over the portion of the Rent then payable to Tellabs allocated on a square footage basis to the
sub-sublet space) after recovery by Subtenant of market brokerage commissions, reasonable attorney’s fees, and other reasonable out of pocket costs incurred in connection with the assignment, sublease, or other transfer. The preceding sentence
shall not apply to any sublease, assignment, or transfer to a Permitted Transferee. 
 (d) Recapture. Despite anything
contained in this Section 21, if Subtenant proposes to transfer 50% or more of the Premises to the same party or one or more affiliated parties in one or more transactions, Tellabs shall have the option, by giving written notice to Subtenant
within 15 days after receipt of Subtenant’s notice of any proposed transfer to recapture the portion of the Premises that Subtenant proposes to transfer. Tellabs’ recapture notice shall cancel and terminate this Sublease for the portion of
the Premises that Subtenant proposes to transfer as of the date stated in Subtenant’s notice as the effective date of the proposed transfer unless Subtenant revokes Subtenant’s notice of proposed transfer by notice to Tellabs within 10
business days after Tellabs’s notice of recapture. If Subtenant fails to revoke its notice of proposed transfer within the 10-business day period, then this Sublease shall terminate with respect to the portion of the Premises that Subtenant
proposes to transfer and Subtenant shall be released from its future obligations under this Sublease with respect to the portion of the Premises that Tellabs recaptures. In addition, unless the transfer would have resulted in Subtenant having to
make payments to Tellabs under Section 21(c) above, Subtenant shall, promptly after Subtenant’s receipt of Landlord’s notice of recapture, pay to Landlord a fee equal to the reasonable and actual out-of-pocket cost that Landlord
incurs to demise and separate the portion of the Premises recaptured from the portion of the Premises still being leased by Subtenant. 
 22. Tellabs Representations and Warranties. Tellabs represents, warrants and covenants to Subtenant as follows: 

(a) To Tellabs’ actual knowledge, without investigation or inquiry, except for Landlord’s Consent, no consents,
authorizations, or permissions are required to be obtained with respect to this Sublease. 

  
 20 

 (b) The Prime Lease is, and shall on the Commencement Date be, in full force
and effect and to Tellabs’ actual knowledge, without investigation or inquiry, no defaults on the part of Landlord or Tellabs about which Tellabs has received written notice and applicable grace periods have run exist thereunder. Tellabs has no
defenses, setoffs or counterclaims against Landlord arising out of the Prime Lease and/or with respect to the Premises, and, to Tellabs’ actual knowledge, without investigation or inquiry, no hazardous materials exist at the Building or the
Premises. To Tellabs’ actual knowledge, without investigation or inquiry, no disputes exist between Tellabs and Landlord. 
 (c) To Tellabs’ actual knowledge, without investigation or inquiry, no violations have been issued by any governmental or municipal agency, department or bureau having jurisdiction over the Premises
with respect to the Premises nor have any notices with respect thereto been received by Tellabs. 
 (d) There is
no improvement work required to be performed by Landlord or for which Landlord has agreed to perform with respect to the Premises. Tellabs has not exercised any self-help rights under the Prime Lease. 

(e) To the extent in Tellabs’ possession and relating to the Premises, Tellabs has delivered to Subtenant true,
correct and complete copies of (1) all plans and specifications relating to improvements made by Tellabs within the Premises, (2) all reconciliation statements with respect to Operating Expenses and Taxes delivered to Tellabs by Landlord
for the past 2 years, and (3) all utility statements for the past 2 years pertaining to the Premises, including utility statements for the non-office portions of the Premises. 

(f) Tellabs has not subleased or otherwise granted any rights of possession or right to lease, sublease or otherwise
occupy the Premises. 
 23. Entire Agreement. Except for Landlord’s Consent and any other agreements executed
and delivered by Tellabs and Subtenant or Tellabs and TMG in connection with this Sublease, this Sublease contains all the terms, covenants, conditions, and agreements between Tellabs and Subtenant relating in any manner to the rental, use, and
occupancy of the Premises. No prior agreement or understanding pertaining to the same shall be valid or of any force or effect. The terms, covenants, and conditions of this Sublease cannot be altered, changed, modified, or added to except by a
written instrument signed by Tellabs and Subtenant and consented to by Landlord in writing to the extent such consent is required by the Prime Lease. 
 24. Notices. 
 (a) Notices From Landlord. If any notice from
Landlord or otherwise relating to the Prime Lease is delivered to the Premises or is otherwise received by Subtenant, Subtenant shall, as soon thereafter as possible but in any event within 24 hours, deliver that notice to Tellabs if that notice is
written or advise Tellabs of the notice by telephone if the notice is oral. 
 (b) Notices Under Sublease. All notices
and other communications given in connection with this Sublease shall be in writing, addressed to the parties at the addresses specified below, and sent either by (i) first class, United States Mail, postage prepaid, certified,

  
 21 

 
with return receipt requested; (ii) hand delivery; (iii) nationally recognized overnight courier service; or (iv) facsimile transmission during normal business hours; or
(v) e-mail during normal business hours (provided written notice follows one day after the email in the form of (i), (ii), (iii), or (iv) above): 
  

			
	if to Tellabs:	 	 Tellabs Operations, Inc.
 1415
West Diehl Road
 Naperville, IL 60563

Attn: Real Estate, M.S. 448
 Facsimile No.: (630)
798-2212
 Email: cody.w.stice@tellabs.com

		
	with a copy to:	 	 Tellabs Operations, Inc.
 1415
West Diehl Road
 Naperville, IL 60563

Attn: Legal Dept. - MS 16
 Facsimile No.: (630)
798-2212
 Email: charlie.kennedy@tellabs.com

		
	and a copy to:	 	 CRESA Partners Lease Administration, LLC
 c/o Tellabs Operations, Inc.
 Attn: Lease Administration

205 North Michigan Avenue, Suite 2202
 Chicago,
IL 60601
 Facsimile No.: (312) 946-8560

Email: skinder@cresa.com

		
	if to Subtenant	 	
	(Prior to Commencement Date):	 	 Violin Memory, Inc.
 685 Clyde
Avenue
 Mountain View CA 94043
 Attn:
John Kapitula
 Facsimile No.: (866) 884-7552
 Email: jkapitula@violin-memory.com

		
	 With a copy to:
	 	 Violin Memory, Inc.
 685 Clyde
Avenue
 Mountain View CA 94043
 Attn:
Legal Department
 Email: legal@vm.com

		
	if to Subtenant	 	Violin Memory, Inc.
	(After Commencement Date):	 	 4555 Great America Parkway, Suite 501
 Santa Clara, CA 95054
 Attention: John
Kapitula

  
 22 

			
		 	Facsimile No.: (866) 884-7552
		 	Email: jkapitula@violin-memory.com
		
	 With a copy to:
	 	Violin Memory, Inc.
		 	4555 Great America Parkway, Suite 501
		 	Santa Clara, CA 95054
		 	Attn: Legal Department
		 	Email: legal@vm.com

 All notices shall be effective upon delivery to the address of the addressee. Either party may change its address for
receipt of notices by giving notice to the other party in accordance with this Section 24. 
 25. Holding
Over. If Subtenant fails to vacate the Premises at the end of the Term, then Subtenant shall be a tenant at sufferance and, in addition to all other damages and remedies to which Tellabs may be entitled for Subtenant’s holding over,
(a) Subtenant shall pay, in addition to the other Rent, Base Rent equal to 150% of the Base Rent payable during the last month of the Term, and (b) Subtenant shall otherwise continue to be subject to all of Subtenant’s obligations
under this Sublease. In addition, Subtenant shall pay Tellabs all damages, consequential as well as direct, sustained by reason of Subtenant’s retention of possession. The provisions of this Section 25 do not limit the Tellabs’ rights
of reentry or any other right under this Sublease. Despite the foregoing, if Landlord does not require Tellabs to remove from the Premises before the expiration of the Prime Lease any alterations, additions, or improvements performed by Tellabs, and
Subtenant is not in default under this Sublease, then, Subtenant may remain in the Premises until March 31, 2017 (unless the extension of the Term to March 31, 2017 would cause this Sublease to be deemed an assignment, in which case
Subtenant may remain in the Premises until March 30, 2017) under the same terms and conditions of this Sublease, and Base Rent shall be the Base Rent payable in February of 2017. In addition, if Subtenant and Landlord (or its successor) have
entered into a written agreement pursuant to which Subtenant has the right to lease the Premises after the expiration of the Prime Lease, and Subtenant is not in default under this Sublease, Subtenant may remain in possession of the Premises until
March 31, 2017 (unless the extension of the Term to March 31, 2017 would cause this Sublease to be deemed an assignment, in which case Subtenant may remain in the Premises until March 30, 2017) in accordance with the terms of this
Sublease (and in such event Base Rent shall be the Base Rent payable in February of 2017), provided that if Landlord requires Tellabs to remove any of its improvements, additions, or alterations, Tellabs shall have the right to enter the Premises
during the month of March 2017 for the purpose of removing its alterations, additions, and improvements and restoring the Premises as required under the Prime Lease. 
 26. Counterparts; Electronic Signatures. This Sublease may be executed in one or more counterparts, each of which taken together shall constitute one original document. A counterpart of this
Sublease transmitted by facsimile or other electronic means will, if it is executed, be deemed in all respects to be an original document, and any facsimile other electronic signature shall be deemed an original signature and shall have the same
binding legal effect as an original executed counterpart of this Sublease. 
 27. Authority. Tellabs and Subtenant
each represents to the other that it, and the 

  
 23 

 
person signing this Sublease on its behalf, has the power and authority to bind it to this Sublease. 
 28. Governing Law. This Sublease shall be deemed to be a contract made under the laws of the State of California and for all purposes shall be governed by and interpreted in accordance with
the laws of the State of California, regardless of its conflicts of laws principals. 
 29. Recordation. Subtenant
shall not record (or cause to be recorded) this Sublease or a memorandum or other notice of this Sublease in any public office without the express written consent of Tellabs and Landlord. A breach by Subtenant of this covenant shall constitute a
material default by Subtenant under this Sublease. 
 30. Effectiveness. No lease, sublease, or obligation on
Tellabs will arise until both Tellabs and Subtenant have signed and delivered this instrument, and Tellabs has obtained Landlord’s Consent. Tellabs’ submission of this instrument to Subtenant to examine or sign is not a reservation of or
option for the Premises and does not bind Tellabs. 
 [The signature page follows] 

  
 24 

									
	Signed:
			
	SUBTENANT:	 		 	TELLABS:
			
	 Violin Memory, Inc.

a Delaware corporation
	 		 	 Tellabs Operations, Inc.,
 a Delaware corporation

					
	By:	 	/s/ John Kapitula	 		 	By:	 	 /s/ James M. Sheehan

	Name:	 	John Kapitula	 		 	Name:	 	 JAMES M. SHEEHAN

	Title:	 	SVP	 		 	Title:	 	 EVP

  
 25 

 EXHIBIT A 

PRIME LEASE 
 [See attached] 

  
 A-1

 LEASE AGREEMENT 

By and Between 
 THE PRUDENTIAL INSURANCE COMPANY OF AMERICA, 
 a New Jersey corporation

 (“Landlord”) 
 and 
 TELLABS OPERATIONS, INC., 

a Delaware corporation 
 (“Tenant”) 
 July 27th, 2010 

4555 Great America Parkway 
 Santa Clara, California 

 TABLE OF CONTENTS 

 

					
	 	  	Page	 
		
	 ARTICLE 1. PREMISES; COMMON AREAS
	  	 	3	  
		
	 ARTICLE 2. TERM AND CONDITION OF PREMISES
	  	 	7	  
		
	 ARTICLE 3. USE, NUISANCE, OR HAZARD
	  	 	8	  
		
	 ARTICLE 4. RENT
	  	 	9	  
		
	 ARTICLE 5. RENT ADJUSTMENT
	  	 	11	  
		
	 ARTICLE 6. SERVICES TO BE PROVIDED BY LANDLORD
	  	 	20	  
		
	 ARTICLE 7. REPAIRS AND MAINTENANCE BY LANDLORD
	  	 	21	  
		
	 ARTICLE 8. REPAIRS AND CARE OF PROJECT BY TENANT
	  	 	22	  
		
	 ARTICLE 9. TENANT’S EQUIPMENT AND INSTALLATIONS
	  	 	23	  
		
	 ARTICLE 10. FORCE MAJEURE
	  	 	24	  
		
	 ARTICLE 11. CONSTRUCTION, MECHANICS’ AND MATERIALMAN’S LIENS
	  	 	24	  
		
	 ARTICLE 12. ARBITRATION
	  	 	25	  
		
	 ARTICLE 13. INSURANCE
	  	 	25	  
		
	 ARTICLE 14. QUIET ENJOYMENT
	  	 	27	  
		
	 ARTICLE 15. ALTERATIONS
	  	 	27	  
		
	 ARTICLE 16. FURNITURE, FIXTURES, AND PERSONAL PROPERTY
	  	 	29	  
		
	 ARTICLE 17. PERSONAL PROPERTY AND OTHER TAXES
	  	 	31	  
		
	 ARTICLE 18. ASSIGNMENT AND SUBLETTING
	  	 	31	  
		
	 ARTICLE 19. DAMAGE OR DESTRUCTION
	  	 	35	  
		
	 ARTICLE 20. CONDEMNATION
	  	 	37	  
		
	 ARTICLE 21. HOLD HARMLESS
	  	 	38	  
		
	 ARTICLE 22. DEFAULT BY TENANT
	  	 	39	  
		
	 ARTICLE 23. [INTENTIONALLY OMITTED]
	  	 	44	  
		
	 ARTICLE 24. [INTENTIONALLY OMITTED]
	  	 	44	  
		
	 ARTICLE 25. ATTORNEYS’ FEES
	  	 	44	  
		
	 ARTICLE 26. NON-WAIVER
	  	 	45	  
		
	 ARTICLE 27. RULES AND REGULATIONS
	  	 	45	  
		
	 ARTICLE 28. ASSIGNMENT BY LANDLORD
	  	 	46	  
		
	 ARTICLE 29. LIABILITY OF LANDLORD
	  	 	46	  

  
 -i-

					
		
	 ARTICLE 30. SUBORDINATION AND ATTORNMENT
	  	 	46	  
		
	 ARTICLE 31. HOLDING OVER
	  	 	48	  
		
	 ARTICLE 32. SIGNS
	  	 	48	  
		
	 ARTICLE 33. HAZARDOUS SUBSTANCES
	  	 	51	  
		
	 ARTICLE 34. COMPLIANCE WITH LAWS AND OTHER REGULATIONS
	  	 	54	  
		
	 ARTICLE 35. SEVERABILITY
	  	 	55	  
		
	 ARTICLE 36. NOTICES
	  	 	55	  
		
	 ARTICLE 37. OBLIGATIONS OF, SUCCESSORS, PLURALITY, GENDER
	  	 	56	  
		
	 ARTICLE 38. ENTIRE AGREEMENT
	  	 	56	  
		
	 ARTICLE 39. CAPTIONS
	  	 	56	  
		
	 ARTICLE 40. CHANGES
	  	 	56	  
		
	 ARTICLE 41. AUTHORITY
	  	 	57	  
		
	 ARTICLE 42. BROKERAGE
	  	 	57	  
		
	 ARTICLE 43. EXHIBITS
	  	 	57	  
		
	 ARTICLE 44. APPURTENANCES
	  	 	57	  
		
	 ARTICLE 45. PREJUDGMENT REMEDY, REDEMPTION, COUNTERCLAIM, AND JURY
	  	 	58	  
		
	 ARTICLE 46. RECORDING
	  	 	58	  
		
	 ARTICLE 47. MORTGAGEE PROTECTION
	  	 	58	  
		
	 ARTICLE 48. OTHER LANDLORD CONSTRUCTION
	  	 	59	  
		
	 ARTICLE 49. PARKING
	  	 	59	  
		
	 ARTICLE 50. ELECTRICAL CAPACITY
	  	 	60	  
		
	 ARTICLE 51. OPTION TO EXTEND LEASE
	  	 	60	  
		
	 ARTICLE 52. TELECOMMUNICATIONS LINES AND EQUIPMENT
	  	 	63	  
		
	 ARTICLE 53. ERISA
	  	 	65	  
		
	 ARTICLE 54. TENANT’S ROOFTOP RIGHTS
	  	 	65	  
		
	 ARTICLE 55. TENANT’S RIGHT OF FIRST REFUSAL
	  	 	68	  
		
	 ARTICLE 56. TENANT’S RIGHT TO TERMINATE LEASE ON PAYMENT OF FEE
	  	 	70	  

  
 -ii-

 LEASE AGREEMENT 

THIS LEASE AGREEMENT, (this “Lease”) is made and entered into as of July 27, 2010 by and between THE PRUDENTIAL INSURANCE
COMPANY OF AMERICA, a New Jersey corporation (“Landlord”), and Tenant identified in the Basic Lease Information below. 

BASIC LEASE INFORMATION 
 Tenant: TELLABS OPERATIONS, INC., a Delaware corporation. 
 Premises: Suite 150 on
the first floor of the Building (containing approximately 20,803 square feet of rentable area) and Suite 501 on the fifth floor of the Building (containing approximately 56,346 square feet of rentable area) outlined in Exhibit B to this
Lease. 
 Building: The Building commonly known as 4555 Great America Parkway, Santa Clara, California. The rentable area of the
Project is 645,652 square feet. The rentable area of the Building is 322,726 square feet. 
 Base Rent: 

 

							
	 Period

(In Months)
	  	Monthly Per Square
Foot Base Rent	  	Annual
Base Rent	  	Monthly
Base Rent
	 1/1/2011 – 3/31/2011
	  	$  0.00	  	N/A	  	Abated*
	 4/1/2011 – 3/31/2012
	  	$  1.50	  	$1,388,682.00	  	$115,723.50
	 4/1/2012 – 3/31/2013
	  	$1.545	  	$1,430,342.46	  	$119,195.21
	 4/1/2013 – 3/31/2014
	  	$1.591	  	$1,472,928.71	  	$122,744.06
	 4/1/2014 – 3/31/2015
	  	$1.639	  	$1,517,366.53	  	$126,447.21
	 4/1/2015 – 3/31/2016
	  	$1.688	  	$1,562,730.14	  	$130,227.51

  

	*	As an inducement to Tenant entering into this Lease, Base Rent in the amount of $115,723.50 per month shall be abated for the first three (3) months after the
Commencement Date. During such abatement period, Tenant shall still be responsible for the payment of all of its other monetary obligations under the Lease. 

 Security Deposit Amount: $130,277.51. 
 Tenant’s Building Percentage:
23.9054%. 
 Tenant’s Project Percentage: 11.96% 
 Commencement Date: January 1, 2011. 
 Expiration Date: March 31, 2016.

  
 -1-

			
	 Landlord’s Address:
	  	
		
		  	c/o The Prudential Insurance Company of America
		  	4 Embarcadero Center, 27th Floor
		  	San Francisco, CA 94111
		  	Attn: PRISA II Asset Manager
	
	 With a copy by the same method to:

		
		  	c/o The Prudential Insurance Company of America
		  	8 Campus Drive, 4th Floor
		  	Parsippany, New Jersey 07054
		  	Attention: Greg Shanklin, Esquire
	
	 With a copy by the same method to:

		
		  	Harvest Properties, Inc.
		  	6475 Christie Avenue, Suite 550
		  	Emeryville, California 94608
		  	Attention: Joss Hanna
	
	 Address for rental payment:

		
		  	Payments via FedEx/UPS/Courier:
		
		  	The Prudential Insurance Company of America
		  	c/o Harvest Properties, Inc.
		  	6475 Christie Avenue, Suite 550
		  	Emeryville, California 94608
	
	 Tenant’s Address:

		
		  	Tellabs Operations, Inc.
		  	One Tellabs Center
		  	1415 West Diehl Road
		  	Naperville, IL 60563
		  	Attn: Real Estate, M.S. 448
	
	 With a copy by the same method to:

		
		  	Tellabs Operations, Inc.
		  	One Tellabs Center
		  	1415 West Diehl Road
		  	Naperville, IL 60563
		  	Attn: Legal Dept. - MS 16

  
 -2-

			
	 With a copy by the same method to:

		
		  	CRESA Partners Lease Administration, LLC
		  	c/o Tellabs Petaluma, Inc.
		  	Attn: Lease Administration
		  	205 North Michigan Avenue, Suite 2202
		  	Chicago, IL 60601
	
	 With respect to notices given under Section 13.2, with a copy by the same method to:

		
		  	Tellabs Operations, Inc.
		  	One Tellabs Center
		  	1415 West Diehl Road, MS 119
		  	Naperville, IL 60563
		  	Attn: Blair Olexa
	
	 Landlord’s Broker: CB Richard Ellis, Inc.

	
	 Tenant’s Broker: Cresa Partners.

 Maximum Parking Allocation: Two Hundred Fifty-Four (254), which is based on a parking ratio of 3.3
non-exclusive parking spaces per one thousand (1,000) square feet of rentable space in the Premises. 
 The Basic Lease
Information is incorporated into and made part of this Lease. Each reference in this Lease to any Basic Lease Information shall mean the applicable information set forth in the Basic Lease Information, except that in the event of any conflict
between an item in the Basic Lease Information and this Lease, this Lease shall control. Additional defined terms used in the Basic Lease Information shall have the meanings given those terms in this Lease. 

ARTICLE 1. 
 PREMISES; COMMON AREAS 
 1.1 Subject to all of the terms and conditions
hereinafter set forth, Landlord hereby leases to Tenant and Tenant hereby leases from Landlord the Premises. The property shown on Exhibit A to this Lease and all improvements thereon and appurtenances on that land thereto, including, but not
limited to, the Building, an additional office building (“the “Adjacent Building”), a cafeteria/auditorium/meeting room building (the “Amenities Facility”), access roadways, and all other related areas, shall be collectively
hereinafter referred to as the “Project.” The parties hereto hereby acknowledge that the purpose of Exhibit A and Exhibit B are to show the approximate location of the Premises in the Building and the general layout of the
Project and such Exhibits are not meant to constitute an agreement, representation or warranty as to the construction of the Premises, the Buildings or the Project, the precise area of the Premises, the Project Buildings or the Project or the
specific location of the Project Buildings, “Common Areas,” as that term is defined in Section 1.3, below, or the elements thereof or of the accessways to the Premises, or the Project. 

  
 -3-

 1.2 Upon Landlord’s written approval of the Final Working Drawings for the Premises
pursuant to Exhibit C, Landlord’s architect shall calculate and certify in writing to Landlord and Tenant the rentable area of the Premises, the Building and the Project. If Landlord’s architect determines that the rentable area of
the Premises, the Building or the Project is different from that stated in this Lease, rent that is based on rentable area (including Base Rent, Tenant’s Share Percentages (as defined below) and the Tenant Improvement Allowance (as defined in
the Work Letter Agreement) shall be recalculated in accordance with that determination. On the recalculation of rent as provided in this Section 1.2, the parties shall execute an amendment to this Lease stating the recalculated rent.
Execution of that amendment shall not be a condition precedent to the effectiveness of the recalculated rent. Landlord’s architect shall consult with Tenant’s architect with respect to the remeasurement of the Premises pursuant to this
Section 1.2 and Tenant shall have the right to have Tenant’s architect present during such recalculation and shall also have the right to review the basis and methodology for such remeasurement. Unless Tenant’s architect or
Tenant provides written notice to Landlord outlining in reasonable detail its objections to Landlord’s architect’s determination of rentable area within twenty (20) business days after notice of that determination to Tenant,
Landlord’s architect’s determination of rentable area shall be conclusive and binding on Tenant and Tenant shall not have any other right to remeasure the Premises. In the event Tenant timely objects to Landlord’s architect’s
determination, and Landlord’s architect and Tenant’s architect are unable to resolve any differences within twenty (20) business days after that written objection, then a licensed architect with at least five (5) years commercial
real estate experience in measuring square footage of office buildings mutually agreed upon by Landlord and Tenant shall determine the number of square feet of rentable area of the Building, the Premises and the Project in accordance with the BOMA
Standard (as defined below). The cost of the mutually selected architect shall be split equally between Landlord and Tenant. In the event Landlord and Tenant are unable to agree on the third architect within sixty (60) days after Tenant’s
objection, then any dispute as to the Premises, Building or Project area shall be resolved by arbitration in accordance with Article 12 of this Lease. For purposes of this Lease, (1) “rentable area” and “usable area”
shall be calculated pursuant to the Standard Method for Measuring Floor Area in Office Buildings (ANSI/BOMA Z65.1, 1996) (the “BOMA Standard”); (2) “rentable square feet” and “rentable footage” shall have the same
meaning as the term “rentable area;” and (3) “usable square feet” and “usable square footage” shall have the same meaning as the term “usable area.” 

1.3 Tenant shall have the non-exclusive right to use in common with other tenants in the Project, and subject to the rules and
regulations referred to in Article 27 of this Lease, those portions of the Project which are provided, from time to time, for use in common by Landlord, Tenant and all other tenants of the Project (such areas are collectively referred to
herein as the “Common Areas”). The Common Areas shall consist of the “Project Common Areas” and the “Building Common Areas.” The term “Project Common Areas,” as used in this Lease, shall mean the portion of
the Project reasonably designated as such by Landlord. The term “Building Common Areas,” as used in this Lease, shall mean the portions of the Common Areas located within the Building reasonably designated as such by Landlord. The manner
in which the Common Areas are maintained and operated shall be comparable to that of Comparable Buildings (as defined below) and the use thereof shall be subject to such reasonable rules, regulations and restrictions as Landlord may make from time
to time. Landlord reserves the right to close temporarily, make alterations or additions to, or change the location of elements of the Project (other than the Premises) and the Common Areas; provided that Landlord shall

  
 -4-

 
not, without the prior written consent of Tenant, which shall not be unreasonably withheld, conditioned or delayed, make any alterations, additions or changes which materially and adversely
affect Tenant’s access to or use of the Premises, except in each case to the extent required by Applicable Laws (as defined below). Subject to Applicable Laws, except when and where Tenant’s right of access is specifically excluded in this
Lease, and except in the event of an emergency, Tenant shall have the right of access to the Premises, the Building, and the parking facilities servicing the Building twenty-four (24) hours per day, seven (7) days per week during the
“Term,” as that term is defined in Section 2.1, below. Use of the Amenities Facility shall be subject to such reasonable rules and regulations as Landlord may establish from time to time. The square footage of the Amenities
Facility shall be included in the load factor to be used to determine the rentable area of the Project, but shall not be separately measured and added to the rentable area of the Project for any lease for space at the Project. The cost to maintain
the Amenities Facility shall be included in Operating Expenses for the Project. 
 1.4 As used in this Lease, the term
“Must-Take Space” means the approximately 1,271 square foot space on the first floor of the Building outlined on Exhibit B-1 to this Lease. The Premises shall be expanded to include the Must-Take Space on the date (the
“Must-Take Space Commencement Date”) that is the first business day after possession of the Must Take Space is surrendered to Landlord by the existing tenant of the Must Take Space. Accordingly, on the Must-Take Space Commencement Date
(a) the Allowance shall increase by $20.00 per square foot of the Must-Take Space, (b) Tenant’s Share Percentages, the Tenant’s Parking Allocation and any other provision that is determined based on the rentable area of the
Premises shall be redetermined, (c) the Base Rent per square foot of rentable area for the Must-Take Space added pursuant to this Section 1.4 shall be the same as the Base Rent per square foot of rentable area for the Premises as it
may be adjusted during the Term, (d) the lease commencement date for the Must-Take Space added by this Section 1.4 shall be the Must-Take Space Commencement Date, (e) the lease term for the Must-Take Space added by this
Section 1.4 shall expire coterminously with the Term for the Initial Premises, and (f) upon either party’s request, Landlord and Tenant shall execute an amendment to this Lease and any memorandum thereof confirming the change
to the Premises pursuant to this Section 1.4 and the corresponding changes to the provisions of this Lease that are based on the rentable area of the Premises. Despite anything to the contrary contained in this Section 1.4,
if Landlord does not deliver the Must-Take Space to Tenant before September 1, 2011, then Tenant shall not be required to add the Must-Take Space to the Premises. 
 1.5 The Premises includes the UPS room and the portion of the MDF room located outside of the caged area as the caged area exists as of the date of this Lease, each as shown on Exhibit B to this
Lease. Notwithstanding anything to the contrary in this Lease, Landlord shall have access to the MDF room at any time and from time to time with notice to Tenant as necessary to maintain, repair, install, replace, and remove equipment serving
portions of the Project other than the Premises except in an emergency. As of the delivery of possession of the MDF room, the MDF room contains two four-ton independent air conditioning units (the “Existing Supplemental Units”). The
Existing Supplemental Units are delivered to Tenant in their as is condition, without any representation or warranty of any kind, including without limitation any warranty of merchantability or fitness for particular purpose. Tenant may (or if
equipment installed in the MDF room or the UPS room by Tenant generates heat such that the Existing Supplemental Units are not sufficient to maintain required temperature levels in the 

  
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MDF room or the UPS room, then Tenant shall), at Tenant’s sole cost and expense, install in such location or locations within the Premises and/or on the roof of the Building as shall be
identified by Landlord and Tenant and pursuant to such plans and specifications as are reasonably approved by Landlord, a separate, self-contained twenty-four (24) hour a day HVAC unit(s) and condensers, duct work, structural support and other
connecting and related equipment therefor (including separate electrical metering devices) to provide air conditioning to the MDF room and the UPS room (collectively, “Tenant’s Supplemental HVAC Equipment”), subject, however, to
Landlord’s prior approval of the plans and specifications for the work, cooling capacity, electrical requirements and all other specifications of Tenant’s Supplemental HVAC Equipment (which approval shall not be unreasonably withheld,
conditioned, or delayed), and so long as such Tenant’s Supplemental HVAC Equipment (i) complies with all Applicable Laws and the other provisions of this Lease, (ii) does not adversely affect the Building structure, the Building
systems or any other Building component, or any roof or Building warranty, (iii) does not unreasonably interfere with the normal and customary business operations of other tenants of the Building or Project, and (iv) does not cause or
create a dangerous or hazardous condition. Tenant shall pay the cost of all electrical usage of Tenant’s Supplemental HVAC Equipment at the rates charged for furnishing the same, plus the cost of the installation, operation and maintenance of
equipment which is installed in order to supply such excess consumption. To the extent Tenant’s Supplemental HVAC Equipment is installed during the construction of the initial Tenant Improvements pursuant to the Tenant Work Letter, all costs
incurred in connection with the design, acquisition and installation of such Tenant’s Supplemental HVAC Equipment may be paid out of and deducted from the Tenant Improvement Allowance. At Tenant’s sole cost and expense, Tenant shall at all
times maintain Tenant’s Supplemental HVAC Equipment and the Existing Supplemental Units, in working order, condition and repair. In addition, if so requested by Landlord in writing at the time the Tenant obtains Landlord’s approval of the
plans for the installation of the Supplemental HVAC equipment, Tenant shall, at Tenant’s sole cost and expense, prior to the expiration or earlier termination of this Lease, remove the Tenant’s Supplemental HVAC Equipment and repair all
damage to the roof, Building and/or Premises resulting from the installation, use and/or removal thereof. If any of Tenant’s Supplemental HVAC Equipment is located on the roof of the Building (collectively, the “Rooftop HVAC
Equipment”) Landlord may require Tenant to install screening around such Rooftop HVAC Equipment, at Tenant’s sole cost and expense, consistent with then-existing screening on the roof or as otherwise required by Applicable Laws. All of the
provisions of this Lease respecting Tenant’s obligations hereunder shall apply to the installation, use and maintenance of the Rooftop HVAC Equipment, including without limitation provisions relating to compliance with requirements as to
insurance (with respect to the Rooftop HVAC Equipment only), indemnity, repairs and maintenance of the Rooftop HVAC Equipment. Landlord shall have no obligation with regard to any Rooftop HVAC Equipment. 

1.6 The prior tenant of the Premises left (a) 2- dedicated 8 ton liebert units, (b) 13 fan coil units, and (c) 4
uninterrupted power supply units with 15 kilo-volt amps, 1 in the South Side IDF Room; 1 in the North Side IDF Room; and 2 in the Core Lab area (collectively, “Landlord’s Equipment”). Within 30 days after the execution and delivery of
this Lease, Tenant shall notify Landlord whether Tenant wants Landlord to remove any of Landlord’s Equipment from the Premises. If Tenant notifies Landlord within the 30-day period, Landlord shall, at
Landlord’s expense, promptly remove the components of Landlord’s Equipment that Tenant indicated it wanted Landlord to remove. During the Term, Tenant may use the components of 

  
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Landlord’s Equipment that Tenant did not request Landlord to remove from the Premises. Landlord is providing Landlord’s Equipment to Tenant in its “As-is” and “Where
is” condition. Neither Landlord nor Tenant shall be obligated to maintain, repair, or replace Landlord’s Equipment. At the expiration or earlier termination of this Lease, Tenant shall return Landlord’s Equipment to Landlord in its
then-current condition. Tenant shall not need to remove from the Premises any of Landlord’s Equipment. If after the 30 day period set forth above, Tenant determines that it no longer wants to use any of Landlord’s Equipment, Tenant shall
notify Landlord, and Tenant may remove it from the Premises and dispose of it at Tenant’s cost. 
 
ARTICLE 2. 
 TERM AND CONDITION OF PREMISES 
 2.1 The term of this Lease (the “Term”) shall commence on the Commencement Date and end on the Expiration Date, unless sooner terminated (the “Termination Date”) as hereinafter
provided. The Commencement Date of this Lease and the obligation of Tenant to pay Base Rent, Additional Rent and all other charges hereunder shall not be delayed or postponed by reason of any delay by Tenant in performing changes or alteration in
the Premises not required to be performed by Landlord. 
 2.2 Landlord shall perform the construction work described in
Exhibit C hereto as Landlord’s Work. Except for Landlord’s Work, Landlord has no obligation to construct improvements in the Premises. Tenant shall improve the Premises in accordance with Exhibit C hereto. 

2.3 Tenant shall give Landlord written notice of any incomplete work, unsatisfactory conditions or defects (the “Punch List
Items”) which were part of Landlord’s Work in the Premises within thirty (30) days after Tenant receives written notice from Landlord indicating Landlord’s completion of Landlord’s Work and Landlord shall, at its sole
expense, complete said work and/or remedy such unsatisfactory conditions or defects as soon as possible, but in no event later than thirty (30) days after receipt of the Punch List Items. The existence of any incomplete work, unsatisfactory
conditions or defects as aforesaid shall not affect the Commencement Date or the obligation of Tenant to pay Base Rent, Additional Rent and all other charges hereunder unless Tenant is not able to use the Premises to conduct its business.

 2.4 Subject to completion of Landlord’s Work and the Punch List Items, the taking of possession of the Premises by
Tenant shall be conclusive evidence that the Premises and the Building were in good and satisfactory condition at the time possession was taken by Tenant. Neither Landlord nor Landlord’s agents have made any representations or promises with
respect to the condition of the Building, the Premises, the land upon which the Building is constructed, or any other matter or thing affecting or related to the Building or the Premises, except as herein expressly set forth, and no rights,
easements or licenses are acquired by Tenant by implication or otherwise except as expressly set forth in this Lease. 
 2.5 Tenant shall be permitted to enter into the Premises upon full execution and delivery of this Lease and prior to the Commencement Date without the obligation for payment of Rent for the purposes of
performing work under Exhibit C and installing its furniture, fixtures, cabling, files and equipment and to use a portion of the 5th floor lab area to house 

  
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operational electronic lab equipment (the “Lab Equipment”) and periodically service that Lab Equipment; provided that (a) Tenant shall not interfere with Landlord’s
construction of the Landlord’s Work, (b) Tenant first provides Landlord with all insurance required by the terms of this Lease, (c) all construction by Tenant shall be performed in accordance with the terms of this Lease, including
without limitation Article 15, (d) Tenant has coordinated its schedule of early entry with Landlord to Landlord’s reasonable satisfaction, and (e) Tenant pays all utility costs in connection with the use of the Lab Equipment.
Tenant acknowledges that Landlord’s Work will not be complete at the time that Tenant is given possession of the Premises. Landlord and Tenant agree to cooperate reasonably with each other to coordinate their respective construction activities.

 ARTICLE 3. 
 USE, NUISANCE, OR HAZARD 
 3.1 The Premises shall be used and occupied by Tenant
solely for general office, research and development, light manufacturing engineering, sales and distribution, and other related lawful purposes in conformity with municipal zoning requirements and any CC&R’s (as defined below) applicable to
the Project and for no other purposes without the prior written consent of Landlord. 
 3.2 Tenant shall not use, occupy, or
knowingly permit the use or occupancy of the Premises for any purpose which Landlord, in its reasonable discretion, deems to be illegal or dangerous; knowingly permit any public or private nuisance; do or knowingly permit any act or thing which
disturbs the quiet enjoyment of any other tenant of the Project; keep any substance or carry on or permit any operation which introduces offensive odors or conditions into other portions of the Project, use any apparatus which makes undue noise or
set up vibrations in or about the Project; knowingly permit anything to be done which would increase the premiums paid by Landlord for fire and extended coverage insurance on the Project or its contents or cause a cancellation of any insurance
policy covering the Project or any part thereof or any of its contents; or knowingly permit anything to be done which is prohibited by or which shall in any way conflict with any law, statute, ordinance, or governmental rule, regulation or
covenants, conditions and restrictions affecting the Project, including without limitation the CC&R’s now or hereinafter in force. Should Tenant do any of the foregoing without the prior written consent of Landlord, and the same is not
cured within five (5) business days after notice from Landlord (which five (5) business day period shall be subject to extension if the nature of the breach is such that it is not possible to cure the same within such five
(5) business day period so long as the Tenant commences the cure of such breach within such five (5) day period and diligently prosecutes the same to completion) it shall constitute an Event of Default (as hereinafter defined) and shall
enable Landlord to resort to any of its remedies hereunder. 
 3.3 The ownership, operation, maintenance and use of the Project
shall be subject to certain conditions and restrictions contained in instruments (the “CC&R’s”) recorded against title to the Project that are set forth on Exhibit H to this Lease and this Lease and all provisions hereof
shall be subject and subordinate thereto. Additionally, Tenant acknowledges that the Project may be subject to any future covenants, conditions, and restrictions (the “Future CC&Rs”) which Landlord, in Landlord’s discretion, deems
reasonably necessary or desirable, and Tenant agrees that this Lease shall be subject and subordinate to such Future CC&Rs; 

  
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provided, however, that except as required by Applicable Law, Tenant’s obligation to comply with Future CC&Rs shall be subject to Tenant’s prior written consent to those future
CC&Rs (which shall be given or withheld within ten (10) business days after Landlord’s request therefor), which will not be withheld unless Tenant reasonably determines the same would increase Tenant’s obligations or adversely
affect Tenant’s rights under this Lease. Accordingly, as a consequence of that subordination, during any period in which the entire Project is not owned by Landlord, (a) the portion of Operating Expenses and Taxes (each as defined below)
for the Common Areas shall be allocated among the owners of the Project as provided in the CC&R’s, and (b) the CC&R’s shall govern the maintenance and insuring of the portions of the Project not owned by Landlord. Tenant
shall, promptly upon request of Landlord, sign all documents reasonably required to carry out the foregoing into effect. Landlord agrees that it shall perform all of its obligations under the CC&R’s and enforce all of Landlord’s rights
under the CC&R’s that, if not enforced, would adversely affect any of Tenant’s rights under this Lease. 
 
ARTICLE 4. 
 RENT 
 4.1 Tenant hereby agrees to pay Landlord the Base Rent subject to recalculation as provided in Section 1.2. For purposes of Rent adjustment under the Lease, the number of months is measured
from the first day of the calendar month in which the Commencement Date falls. Each monthly installment (the “Monthly Rent”) shall be payable by check or by money order on or before the first day of each calendar month. In addition to the
Base Rent, Tenant also agrees to pay Tenant’s Share of Operating Expenses and Taxes (each as hereinafter defined), and any and all other sums of money as shall become due and payable by Tenant as hereinafter set forth, all of which shall
constitute additional rent under this Lease (the “Additional Rent”). Landlord expressly reserves the right to apply any payment received to Base Rent or any other items of Rent that are not paid by Tenant. The Monthly Rent and the
Additional Rent are sometimes hereinafter collectively called “Rent” and shall be paid when due in lawful money of the United States without demand or, except as expressly set forth in this Lease, deduction, abatement, or offset to the
addresses for the rental payment set forth in the Basic Lease Information, or as Landlord may designate in writing to Tenant from time to time. 
 4.2 In the event any Monthly or Additional Rent or other amount payable by Tenant hereunder is not paid within five (5) days after its due date, Tenant shall pay to Landlord a late charge (the
“Late Charge”), as Additional Rent, in an amount of three percent (3%) of the amount of such late payment. Failure to pay any Late Charge shall be deemed a Monetary Default (as hereinafter defined). Provision for the Late Charge shall
be in addition to all other rights and remedies available to Landlord hereunder, at law or in equity, and shall not be construed as liquidated damages or limiting Landlord’s remedies in any manner. Failure to charge or collect such Late Charge
in connection with any one (1) or more such late payments shall not constitute a waiver of Landlord’s right to charge and collect such Late Charges in connection with any other similar or like late payments. 

4.3 On the Commencement Date, Tenant shall commence payment of estimated Tenant’s Share Operating Expenses and Taxes on a monthly
basis. On April 1, 2011, Tenant shall pay the first installment of monthly Base Rent. Within ten (10) days after Tenant receives the fully-executed Lease, Tenant shall deliver to Landlord an amount equal to the

  
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Security Deposit Amount to be held by Landlord as security for Tenant’s faithful performance of all of the terms, covenants, conditions, and obligations required to be performed by Tenant
hereunder (the “Security Deposit”). The Security Deposit shall be held by Landlord as security for the performance by Tenant of all of the covenants of this Lease to be performed by Tenant and Tenant shall not be entitled to interest
thereon. The Security Deposit is not an advance rent deposit, an advance payment of any other kind, or a measure of Landlord’s damages in any case of Tenant’s default. If Tenant fails to perform any of the covenants of this Lease to be
performed by Tenant, including without limitation the provisions relating to payment of Rent, the removal of property at the end of the Term, the repair of damage to the Premises caused by Tenant, and the cleaning of the Premises upon termination of
the tenancy created hereby, and does not cure that failure after notice and within all applicable cure periods, then Landlord shall have the right, but no obligation, to apply the Security Deposit, or so much thereof as may be necessary, for the
payment of any Rent or any other sum in default and/or to cure any other such failure by Tenant. If Landlord applies the Security Deposit or any part thereof for payment of such amounts or to cure any such other failure by Tenant, then Tenant shall
promptly restore the Security Deposit to the full amount then required by this Section 4.3. Landlord’s obligations with respect to the Security Deposit are those of a debtor and not a trustee. Landlord shall not be required to
maintain the Security Deposit separate and apart from Landlord’s general or other funds and Landlord may commingle the Security Deposit with any of Landlord’s general or other funds. Upon termination of the original Landlord’s or any
successor owner’s interest in the Premises or the Building, the original Landlord or such successor owner shall be released from further liability with respect to the Security Deposit upon the original Landlord’s or such successor
owner’s complying with California Civil Code Section 1950.7. Subject to the foregoing, Tenant hereby waives the provisions of Section 1950.7 of the California Civil Code, and all other provisions of law, now or hereafter in force,
which (a) establish a time frame within which a landlord must refund a security deposit under a lease, and/or (b) provide that Landlord may claim from a security deposit only those sums reasonably necessary to remedy defaults in the
payment of Rent, to repair damage caused by Tenant or to clean the Premises, it being agreed that Landlord may, in addition, claim those sums reasonably necessary to compensate Landlord for any other loss or damage caused by the default of Tenant
under this Lease, that a court of competent jurisdiction awards to Landlord pursuant to Section 1951.2 of the California Civil Code. If Tenant performs every provision of this Lease to be performed by Tenant, the unused portion of the Security
Deposit shall be returned to Tenant or the last assignee of Tenant’s interest under this Lease within thirty (30) days following expiration or termination of the Term of this Lease. 

4.4 If the Term commences on a date other than the first day of a calendar month or expires or terminates on a date other than the last
day of a calendar month, the Rent for any such partial month shall be prorated to the actual number of days in such partial month. 
 4.5 All Rents and any other amount payable by Tenant to Landlord hereunder, if not paid when due, shall bear interest from the date due until paid at a rate equal to the prime commercial rate established
from time to time by Bank of America, plus four percent (4%) per annum; but not in excess of the maximum legal rate permitted by law. Failure to charge or collect such interest in connection with any one (1) or more delinquent payments
shall not constitute a waiver of Landlord’s right to charge and collect such interest in connection with any other or similar or like delinquent payments. 

  
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 4.6 If Tenant fails to make when due two (2) consecutive payments of Monthly Rent or
makes two (2) consecutive payments of Monthly Rent which are returned to Landlord by Tenant’s financial institution for insufficient funds, Landlord may require, by giving written notice to Tenant, that all future payments of Rent shall be
made in cashier’s check or by money order. The foregoing is in addition to any other remedy of Landlord hereunder, at law or in equity. 
 ARTICLE 5. 
 RENT ADJUSTMENT 

5.1 Definitions. 
 (a) “Operating Expenses”, as said term is used herein, shall mean all expenses, costs, and disbursements of every kind and nature which Landlord shall pay or become obligated to pay
because of or in connection with the ownership, operation, management, security, repair, restoration, replacement, or maintenance of the Project, or any portion thereof. Operating Expenses shall be computed in accordance with generally accepted real
estate practices, consistently applied, and shall include, but not be limited to, the items as listed below: 

(i) Wages, salaries, other compensation and any and all taxes, insurance and benefits of, the Building manager, Building
engineer and of all other persons engaged in the operation, maintenance and security of the Project; 
 (ii)
Payments under any equipment rental agreements or management agreements, including without limitation the cost of any actual or charged management fee and all expenses for the Project on-site management and engineering office including rent, office
supplies, and materials therefor; 
 (iii) Costs of all supplies, equipment, materials and tools and
amortization (including interest on the unamortized cost at ten percent (10%) per year) of the cost of acquiring or the rental expense of personal property used in the maintenance, operation and repair of the Project, or any portion thereof;

 (iv) All costs incurred in connection with the operation, maintenance, and repair of the Project including
without limitation, the following: (A) the cost of operation, repair, maintenance and replacement of all systems and equipment and components thereof of the Project; (B) the cost of janitorial, alarm, security and other services,
replacement of wall and floor coverings, ceiling tiles and fixtures in common areas, maintenance and replacement of curbs and walkways, repair to roofs and re-roofing; (C) the costs of licenses, certificates, permits and inspections and the
cost of contesting any governmental enactments which are reasonably anticipated by Landlord to increase Operating Expenses, and the cost incurred in connection with any transportation system management program or similar program; (D) the cost
of landscaping, decorative lighting, and relamping, the reasonable cost of maintaining fountains, sculptures, bridges; and (E) costs, fees, charges or assessments imposed by, or resulting from any mandate

  
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imposed on Landlord by, any federal, state or local government for fire and police protection, trash removal, community services, or other services which do not constitute “Taxes” as
that term is defined below. 
 (v) The cost of supplying all utilities, the cost of operating, maintaining,
repairing, replacing, renovating and managing the utility systems, mechanical systems, sanitary, storm drainage systems, communication systems and escalator and elevator systems, and the cost of supplies, tools, and equipment and maintenance and
service contracts in connection therewith. 
 (vi) The cost of all insurance carried by Landlord in connection
with the Project as reasonably determined by Landlord, including without limitation commercial general liability insurance, physical damage insurance covering damage or other loss caused by fire, earthquake, flood or other water damage, explosion,
vandalism and malicious mischief, theft or other casualty, rental interruption insurance and such insurance as may be required by any lessor under any present or future ground or underlying lease of the Building or Project or any holder of a
mortgage, deed of trust or other encumbrance now or hereafter in force against the Building or Project or any portion thereof, and any deductibles payable thereunder; including, without limitation, Landlord’s cost of any self insurance;
provided that Landlord’s cost of any self-insurance shall not exceed the cost that would have been payable for a policy covering the same risks as to which Landlord is self-insuring; 

(vii) Capital improvements made to or capital assets acquired for the Project, or any portion thereof, after the
Commencement Date that (1) are intended to reduce Operating Expenses or (2) are in Landlord’s good faith determination necessary for the health, safety and/or security of the Project, its occupants and visitors and are deemed
advisable and the reasonable judgment of Landlord or (3) are required under any and all applicable laws, statutes, codes, ordinances, orders, rules, regulations, conditions of approval and requirements of all federal, state, county, municipal
and governmental authorities and all administrative or judicial orders or decrees and all permits, licenses, approvals and other entitlements issued by governmental entities, and rules of common law, relating to or affecting the Project, the
Premises or the Building or the use or operation thereof, whether now existing or hereafter enacted, including, without limitation, the Americans with Disabilities Act of 1990, 42 USC 12111 et seq. (the “ADA”) as the same may be amended
from time to time, all Environmental Laws (as hereinafter defined), and any CC&R’s, or any corporation, committee or association formed in connection therewith, or any supplement thereto recorded in any official or public records with
respect to the Project or any portion thereof (collectively, “Applicable Laws”), which capital costs, or an allocable portion thereof, shall be amortized over the applicable item’s useful life determined in accordance with generally
accepted accounting principles as reasonably determined by Landlord, together with interest on the unamortized balance at a rate equal to ten percent (10%) per annum; 

  
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 (viii) fees, charges and other costs, including management fees (or amounts
in lieu thereof), consulting fees, legal fees and accounting fees, of all contractors, engineers, consultants and other persons engaged by Landlord or otherwise incurred by or charged by Landlord in connection with the management, operation,
maintenance and repair of the Buildings and the Project; and 
 (ix) payments, fees or charges under the
CC&R’s and any easement, license, operating agreement, declaration, restricted covenant, or instrument pertaining to the sharing of costs by the Project, or any portion thereof. 
 Expressly excluded from Operating Expenses are the following items: 
 (x) Costs attributable to seeking and obtaining new tenants or retaining existing tenants, such as advertising and leasing commissions, alterations, renovations, repainting, and other improvements to
leasable space, and financial incentives, concessions, or other inducements; 
 (xi) Repairs and restoration
paid for by the proceeds of any insurance policies or for which Landlord would have been reimbursed had Landlord maintained insurance Landlord is obligated to maintain or amounts otherwise reimbursed to Landlord or paid by any other source (other
than by tenants paying their share of Operating Expenses); 
 (xii) Principal, interest, and other costs
directly related to financing the Project or ground lease rental or depreciation; 
 (xiii) The cost of special
services to tenants (including Tenant) for which a special charge is made; 
 (xiv) The costs of repair of
casualty damage or for restoration following condemnation to the extent covered by insurance proceeds or condemnation awards; 
 (xv) The costs of any capital expenditures except as expressly permitted to be included in Operating Expenses as provided under clauses (vi), and (vii) above; 

(xvi) The costs, including permit, license and inspection costs and supervision fees, incurred with respect to the
installation of tenant improvements within the Project or incurred in renovating or otherwise improving, decorating, painting or redecorating vacant space within the Project or promotional or other costs in order to market space to potential
tenants; 
 (xvii) The legal fees and related expenses and legal costs incurred by Landlord (together with any
damages awarded against Landlord) due to the violation by Landlord or any tenant of the terms and conditions of any lease of space in the Project; 

  
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 (xviii) Costs incurred to comply with Applicable Laws which were in
existence prior to the Commencement Date, including, without limitation, costs incurred to cause the Premises, Building shell (i.e., exterior access ramps and sidewalks) and existing interior improvements (i.e., lobbies, elevators, restrooms and
common areas access) to comply with the ADA, which an applicable governmental authority, if it had knowledge of such condition prior to the Commencement Date, would have then required to be remedied pursuant to then-current provisions of the ADA in
their form existing as of the Commencement Date and pursuant to the then-current interpretation of the ADA by the applicable governmental authority as of the Commencement Date; provided that any compliance with the ADA that is required due to
Tenant’s default under this Lease that is not cured within all applicable notice and cure periods, Tenant’s particular use of the Premises, or Tenant’s alterations to the Premises shall instead be paid by Tenant. 

(xix) Costs arising from the presence of Hazardous Materials (defined below) in, on, under, or about the Project
(including, without limitation, costs associated with the removal, abatement, clean-up, containment, monitoring, and inspection for Hazardous Materials) not placed on the property by Tenant; provided, however, that costs incurred in the cleanup or
remediation by Landlord’s normal janitorial personnel using their daily cleaning methods without variation due to the existence of Hazardous Materials of de minimis amounts customarily used in Comparable Buildings shall be included as Operating
Expenses. 
 (xx) The attorneys’ fees in connection with the negotiation and preparation of letters, deal
memos, letters of intent, leases, subleases and/or assignments, space planning costs, and other costs and expenses incurred in connection with lease, sublease and/or assignment negotiations and transactions with present or prospective tenants or
other occupants of the Project; 
 (xxi) The expenses in connection with services or other benefits which are
not available to Tenant; 
 (xxii) The overhead and profit paid to Landlord or to subsidiaries or affiliates of
Landlord for goods and/or services in the Project to the extend the same exceeds the costs of such goods and/or services rendered by qualified, unaffiliated third parties on a competitive basis; 

(xxiii) The costs arising from Landlord’s charitable or political contributions; 

(xxiv) The costs (other than ordinary maintenance and insurance) for sculpture, paintings and other objects of art;

  
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 (xxv) The interest, fines, and penalties resulting from Landlord’s
failure to comply with Applicable Laws or to pay any items of Operating Expenses, Taxes, or other amounts when due; 
 (xxvi) The Landlord’s general corporate overhead and general and administrative expenses, costs of entertainment, dining, automobiles or travel for Landlord’s employees, and costs associated
with the operation of the business of the entity which constitutes Landlord as the same are distinguished from the costs of the operation of the Project, including accounting and legal matters, costs of defending any lawsuits with any mortgagee,
costs of selling, syndicating, financing, mortgaging or hypothecating the Project or any of Landlord’s interest in the Project, costs of any disputes between Landlord and its employees (if any), disputes of Landlord with management, or fees or
damages paid in connection with disputes with other Project tenants or occupants or to enforce leases against other Project tenants or occupants; 
 (xxvii) The costs arising from the gross negligence or willful misconduct of Landlord or Landlord’s employees, agents or contractors; 

(xxviii) The management and engineering office rental to the extent such rental exceeds the fair market rental for such
space or the rentable area of those offices exceeds 1,000 square feet in the aggregate; 
 (xxix) The costs of
correction of defects in the Premises (other than Tenant improvements), the Building, the Adjacent Building, the Amenities Facility, or other improvements at the Project; 

(xxx) The costs of Landlord’s membership in professional organizations (such as, by way of example and without
limitation, BOMA) in excess of $2,500.00 per year; 
 (xxxi) all items and services for which Tenant or any
other tenant in the Project reimburses Landlord, provided that Landlord shall use commercially reasonable efforts to collect such reimbursable amounts, or which Landlord provides selectively to one or more tenants (other than Tenant) without
reimbursement; 
 (xxxii) electric power costs for which any tenant directly contracts with a public service
company (but in such instance, the electric power component of Operating Expenses shall still be grossed up as provided for below); 
 (xxxiii) costs for extra or after-hours HVAC, utilities or services which are provided to Tenant and or any occupant of the Project and as to which either (x) Tenant is separately charged, or
(y) the same is not offered or made available to Tenant at no charge; 

  
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 (xxxiv) reserves for items considered to be capital repairs, replacement,
or improvements; 
 (xxxv) rentals and other related expenses incurred in leasing air conditioning systems,
elevators or other equipment which if purchased the cost of which would be excluded from Operating Expenses as a capital cost, except equipment not affixed to the Project which is used in providing janitorial or similar services and, further
excepting from this exclusion such equipment rented or leased to remedy or ameliorate an emergency condition in the Project; 
 (xxxvi) The cost of replacements of the structural elements of the Project, including, without limitation, the foundations, exterior walls, main underground utilities from the street to the applicable
improvement, and structural roof systems, HVAC sleep mounts. 
 (xxxvii) wages, salaries or other compensation
paid to any employees above the level of Building manager or Building engineer; and 
 (xxxviii) fees and
reimbursements payable to Landlord (including its parent organization, subsidiaries and/or affiliates) or by Landlord for management of the Project which exceed the amount which would normally be paid to an unaffiliated, reputable, qualified third
party management company, in connection with the management of Comparable Buildings for a comparable scope of services; 
 (b) “Taxes” shall mean all ad valorem taxes, personal property taxes, and all other taxes, assessments, embellishments, use and occupancy taxes, transit taxes, water, sewer and pure water
charges not included in Section 5.1.(a)(v) above, excises, levies, license fees or taxes, and all other similar charges, levies, or taxes, if any, which are levied, assessed, or imposed, by any Federal, State, county, or municipal
authority, whether by taxing districts or authorities presently in existence or by others subsequently created, upon, or due and payable in connection with, or a lien upon, all or any portion of the tax parcel on which the Building is located, or
facilities used in connection therewith, and rentals or receipts therefrom and all taxes of whatsoever nature that are imposed in substitution for or in lieu of any of the taxes, assessments, or other charges included in its definition of Taxes, and
any costs and expenses of contesting the validity of same. Despite the foregoing, Taxes shall not include any inheritance, estate, succession, transfer, or gift taxes imposed upon Landlord or any income taxes payable by Landlord. 

(c) “Lease Year” shall mean the twelve (12) month period commencing January 1st and ending
December 31st. 
 (d) “Tenant’s Share Percentages” shall mean Tenant’s percentage
of the Operating Expenses applicable to the following categories: (i) Operating Expenses incurred for the Building, (Tenant’s Building Percentage”), and (ii) Operating Expenses incurred for the Project Common Areas, excluding the
Building and the Adjacent Building (“Tenant’s Project Percentage”). Tenant’s Share Percentages shall be calculated 

  
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as follows: Tenant’s Building Percentage shall be calculated by dividing the number of rentable square feet of the Premises by the total number of rentable square feet in the Building; and
Tenant’s Project Percentage shall be calculated by dividing the number of rentable square feet of the Premises by the total number of rentable square feet of all buildings in the Project. Consequently, any reference in this Lease of
“Tenant’s Share Percentage” shall mean and refer to Tenant’s Building Percentage or Tenant’s Project Percentage, as applicable. 
 (e) “Tenant’s Tax Percentage” shall mean the percentage determined by dividing the Rentable Area of the Premises by the total Rentable Area of all buildings on the same tax parcel on
which the Building is located. 
 (f) “Market Area” shall mean the City of Santa Clara,
California (the “City”). 
 (g) “Comparable Buildings” shall mean comparable Class
“A” office use buildings in the Market Area. 
 5.2 Tenant shall pay to Landlord, as Additional Rent, Tenant’s
Share (as hereinafter defined) of the Operating Expenses applicable to each category of Tenant’s Share Percentage. “Tenant’s Share” shall be determined by multiplying Operating Expenses applicable to each category of
Tenant’s Share Percentage for any Lease Year or pro rata portion thereof, by the applicable Tenant’s Share Percentage. Landlord shall, in advance of each Lease Year, estimate what Tenant’s Share will be for each category for such
Lease Year based, in part, on Landlord’s operating budget for such Lease Year, and Tenant shall pay Tenant’s Share as so estimated each month (the “Monthly Escalation Payments”). The Monthly Escalation Payments shall be due and
payable at the same time and in the same manner as the Monthly Rent. Landlord shall not include an Operating Expense in more than one category of Tenant’s Share Percentage. 

5.3 Landlord shall, within one hundred fifty (150) days after the end of each Lease year, or as soon thereafter as reasonably
possible, provide Tenant with a reasonably detailed written statement of the actual Operating Expenses incurred during such Lease Year for the Project and such statement shall set forth Tenant’s Share of such Operating Expenses for each
category of Tenant’s Share Percentage. Tenant shall pay Landlord, as Additional Rent, the difference between Tenant’s Share of Operating Expenses and the amount of Monthly Escalation Payments made by Tenant attributable to said Lease Year,
such payment to be made within thirty (30) days of the date of Tenant’s receipt of said statement (except as provided in Section 5.4 below); similarly, Tenant shall receive a credit if Tenant’s Share is less than the
amount of Monthly Escalation Payments collected by Landlord during said Lease Year, such credit to be applied to the Monthly Escalation Payments next becoming due hereunder, unless the credit is owed for the last year of the Term, in which case
Landlord shall pay to Tenant the difference between Tenant’s Share of Operating Expenses and the amount of Monthly Escalation Payments paid by Tenant attributable to said Lease Year, such payment to be made no later than thirty (30) days
after the date that Landlord delivers said statement. If utilities, janitorial services or any other components of Operating Expenses increase during any Lease Year, Landlord may revise Monthly Escalation Payments due during such Lease Year by
giving Tenant written notice 

  
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to that effect; and thereafter, Tenant shall pay, in each of the remaining months of such Lease Year, a sum equal to the amount of the revised difference in Operating Expenses multiplied by the
applicable Tenant’s Share Percentage divided by the number of months remaining in such Lease Year. 
 5.4 If, within sixty
(60) days following Tenant’s receipt of the Operating Expense statement or Taxes statement, neither party hereto delivers to the other party a notice referring in reasonable detail to one (1) or more errors in such statement, it shall
be deemed conclusively that the information set forth in such statement(s) is correct. Tenant shall, however, be entitled to conduct or require an audit to be conducted, provided that (a) not more than one (1) such audit may be conducted
during any Lease Year of the Term, (b) the records for each Lease Year may be audited only once, (c) such audit is commenced within sixty (60) days following Tenant’s receipt of the applicable statement, and (d) such audit
is completed and a copy thereof is delivered to Landlord prior to the later of (i) one hundred eighty (180) days following Tenant’s receipt of the applicable statement, and (ii) sixty (60) days after Tenant receives (or has
been given access to inspect, as provided below) reasonable back-up and supporting information requested by Tenant with respect to the applicable Operating Expense and Taxes. If Landlord responds to any such audit with an explanation of any issues
raised in the audit, such issues shall be deemed resolved unless Tenant responds to Landlord with further written objections within thirty (30) days after receipt of Landlord’s response to the audit. In no event shall payment of Rent ever
be contingent upon the performance of such audit. For purposes of any audit, Tenant or Tenant’s duly authorized representative, at Tenant’s sole cost and expense, shall have the right, upon ten (10) days’ written notice to
Landlord, to inspect Landlord’s books and records pertaining to Operating Expenses and Taxes at the offices of Landlord or Landlord’s managing agent during ordinary business hours, provided that such audit must be conducted so as not to
interfere with Landlord’s business operations and must be reasonable as to scope and time. If actual Operating Expenses or Taxes are finally determined (by agreement of the parties, arbitration or a court of competent jurisdiction) to have been
overstated or understated by Landlord for any calendar year, then the parties shall within thirty (30) days thereafter make such adjustment payment or refund as is applicable, and if actual Operating Expenses and Taxes are finally determined
(by agreement of the parties, arbitration or a court of competent jurisdiction) to have been overstated by Landlord for any calendar year by in excess of five percent (5%), then Landlord shall pay the reasonable cost of Tenant’s audit, not to
exceed $5,000.00. 
 5.5 If the occupancy of the Building during any part of any Lease Year is less than ninety-five percent
(95%), Landlord shall make an appropriate adjustment of the variable components of Operating Expenses for that Lease Year, as reasonably determined by Landlord using sound accounting and management principles, to determine the amount of Operating
Expenses that would have been incurred had the Building been ninety-five percent (95%) occupied. This amount shall be considered to have been the amount of Operating Expenses for that Lease Year. For purposes of this Section 5.5,
“variable components” include only those component expenses that are affected by variations in occupancy levels. Each Operating Expense statement shall include Landlord’s calculations of the “gross-up” of Operating Expenses
under this Section. Landlord shall (a) not make a profit by charging items to Operating Expenses that are otherwise also charged separately to others, and (b) not collect Operating Expenses from Tenant and all other tenants/occupants in
the Project in an amount in excess of what Landlord incurred for the items included in Operating Expenses (except to the extent such excess results 

  
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from differences in the measurement of the Premises, Building and Project or definitions of expenses payable by such other tenants under the terms of their respective leases, from any management
fee retained by Landlord or from any interest payable in connection with amortizing capital improvements). 
 5.6 Tenant shall
pay to Landlord, as Additional Rent, “Tenant’s Tax Share” (as hereinafter defined) of the Taxes. “Tenant’s Tax Share” shall be determined by multiplying Taxes allocable on an accrual basis to any Lease Year (or pro rata
portion thereof if the Lease Year is a partial year), by Tenant’s Tax Percentage. Landlord shall, in advance of each Lease Year, estimate what Tenant’s Tax Share will be for such Lease Year and Tenant shall pay Tenant’s Tax Share as
so estimated each month (the “Monthly Tax Payments”). The Monthly Tax Payments shall be due and payable at the same time and in the same manner as the Monthly Rent. 
 5.7 Landlord shall, within one hundred fifty (150) days after the end of each Lease Year, or as soon thereafter as reasonably possible, provide Tenant with a written statement of the actual Taxes
incurred during such Lease Year for the tax parcel on which the Building is located and such statement shall set forth Tenant’s Tax Share of such Taxes and include a legible copy of the tax bills related to the statement of actual Taxes. Tenant
shall pay Landlord, as Additional Rent, the difference between Tenant’s Tax Share of any increases in Taxes and the amount of Monthly Tax Payments made by Tenant attributable to said Lease Year, such payment to be made within thirty
(30) days of the date of Tenant’s receipt of said statement; similarly, Tenant shall receive a credit if Tenant’s Tax Share is less than the amount of Monthly Tax Payments collected by Landlord during said Lease Year, such credit to
be applied to Monthly Tax Payments next becoming due hereunder, unless the credit is owed for the last year of the Term, in which case Landlord shall pay to Tenant the difference between Tenant’s Tax Share of any Taxes and the amount of Monthly
Tax Payments made by Tenant attributable to said Lease Year, such payment to be made no later than thirty (30) days after the time that Landlord delivers said statement. If Taxes increase during any Lease Year, Landlord may revise Monthly Tax
Payments due during such Lease Year by giving Tenant written notice to that effect; and, thereafter, Tenant shall pay, in each of the remaining months of such Lease Year, a sum equal to the amount of revised difference in Taxes multiplied by
Tenant’s Tax Percentage divided by the number of months remaining in such Lease Year. 
 5.8 If the Taxes for any Lease
Year are changed as a result of protest, appeal or other action taken by a taxing authority, the Taxes as so changed shall be deemed the Taxes for such Lease Year. Any expenses incurred by Landlord in attempting to protest, reduce or minimize Taxes
shall be included in Taxes in the Lease Year in which those expenses are paid. Landlord shall have the exclusive right to conduct such contests, protests and appeals of the Taxes as Landlord shall determine is appropriate in Landlord’s sole
discretion. 
 5.9 Tenant’s obligation with respect to Additional Rent and the payment of Tenant’s Share of Operating
Expenses and Tenant’s Tax Share of Taxes shall survive the Expiration Date or Termination Date of this Lease and Landlord shall have the right to retain the Security Deposit, or so much thereof as it deems necessary, to secure payment of
Tenant’s Share of Operating Expenses and Tenant’s Tax Share of Taxes for the final year of the Lease, or part thereof, during which Tenant was obligated to pay such expenses. 

  
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 ARTICLE 6. 

SERVICES TO BE PROVIDED BY LANDLORD 
 6.1 Subject to Article 5 and 10 herein, and provided no Event of Default under this Lease remains uncured, Landlord agrees to furnish or cause to be furnished to the Premises the utilities
and services described in the Standards for Utilities and Services, attached hereto as Exhibit G, subject to the conditions and in accordance with the standards set forth herein. 

6.2 Landlord shall not be liable for any loss or damage arising or alleged to arise in connection with the failure, stoppage, or
interruption of any such services; nor shall the same be construed as an eviction of Tenant, work an abatement of Rent, entitle Tenant to any reduction in Rent, or relieve Tenant from the operation of any covenant or condition herein contained; it
being further agreed that Landlord reserves the right to discontinue temporarily such services or any of them at such times as may be necessary by reason of repair or capital improvements performed within the Project, accident, unavailability of
employees, repairs, alterations or improvements, or whenever by reason of strikes, lockouts, riots, acts of God, or any other happening or occurrence beyond the reasonable control of Landlord. In the event of any such failure, stoppage or
interruption of services, Landlord shall use reasonable diligence to have the same restored. With respect to any shut-down of services initiated by Landlord that is not related to an emergency situation, Landlord shall give Tenant reasonable notice
of the proposed time and duration of the shut down. To the extent the time and/or duration of that shutdown would interfere with the operation of Tenant’s business, the time and duration shall be subject to Tenant’s approval, which shall
not be unreasonably withheld, conditioned or delayed. Neither diminution nor shutting off of light or air or both, nor any other effect on the Project by any structure erected or condition now or hereafter existing on lands adjacent to the Project,
shall affect this Lease, abate Rent, or otherwise impose any liability on Landlord. 
 6.3 Landlord shall have the right to
reduce heating, cooling, or lighting within the Premises and in the public area in the Building as required by any government imposed mandatory fuel or energy-saving program. 
 6.4 Unless otherwise provided by Landlord, Tenant shall separately arrange with the applicable local public authorities or utilities, as the case may be, for the furnishing of and payment of all telephone
and facsimile services as may be required by Tenant in the use of the Premises. Tenant shall directly pay for such telephone and facsimile services as may be required by Tenant in the use of the Premises. Tenant shall directly pay for such telephone
and facsimile services, including the establishment and connection thereof, at the rates charged for such services by said authority or utility; and the failure of Tenant to obtain or to continue to receive such services for any reason whatsoever
shall not relieve Tenant of any of its obligations under this Lease. 
 6.5 Landlord shall have the exclusive right, but not the
obligation, to provide any locksmithing services, as long as Landlord provides those services at competitive rates. If Tenant requests the Landlord provide locksmithing services and Landlord declines or is not willing to provide those services at
competitive rates, then Tenant shall not be obligated to use Landlord’s locksmithing services. Charges for any utilities or service for which Tenant is 

  
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required to pay from time to time hereunder, shall be deemed Additional Rent hereunder and shall be billed on a monthly basis. 

6.6 Notwithstanding anything to the contrary in Section 6.2 or elsewhere in this Lease, if (a) Landlord fails to provide
Tenant with the services required under Exhibit G, or Landlord enters the Premises or performs any Renovations (as defined in Section 48.1) and such entry or Renovations activity interferes with Tenant’s reasonable use of the
Premises (b) such failure or Landlord’s entry or Renovations activity is not due to any one or more Force Majeure Events or to an event covered by Article 19, (c) Tenant has given Landlord reasonably prompt written notice of
such failure or that such entry or Renovations activity by Landlord is unreasonably interfering with Tenant’s use of the Premises and (d) as a result of such failure or entry or Renovations activity all or any part of the Premises are
rendered untenantable (and, as a result, all or such part of the Premises are not used by Tenant during the applicable period) for more than three (3) consecutive business days, then Tenant shall be entitled to an abatement of Rent proportional
to the extent to which the Premises are thereby rendered unusable by Tenant, commencing with the later of (i) the fourth business day during which such untenantability continues or (ii) the fourth business day after Landlord receives such
notice from Tenant, until the Premises (or part thereof affected) are again usable or until Tenant again uses the Premises (or part thereof rendered unusable) in its business, whichever first occurs. The foregoing rental abatement shall be
Tenant’s exclusive remedy therefor. Notwithstanding the foregoing, the provisions of Article 19 below and not the provisions of this subsection shall govern in the event of casualty damage to the Premises or Project and the provisions of
Article 20 below and not the provisions of this subsection shall govern in the event of condemnation of all or a part of the Premises or Project. 
 ARTICLE 7. 
 REPAIRS AND MAINTENANCE BY LANDLORD

 7.1 Landlord shall provide for the cleaning and maintenance of the Common Areas in keeping with the standard for Comparable
Buildings as part of Operating Expenses, to the extent not excluded under Section 5.1(a). Unless otherwise expressly stipulated herein, Landlord shall not be required to make any improvements or repairs of any kind or character to the
Premises during the Term, except such repairs as may be required to keep in good condition and repair consistent with Comparable Buildings the exterior walls, corridors, windows, roof, integrated Building utility and mechanical systems and other
Base Building elements (including, without limitation, the foundations) and other structural elements and equipment of the Project, and subject to Section 13.4, below, such additional maintenance as may be necessary because of the damage
caused by persons other than Tenant, its agents, employees, licensees, or invitees. 
 7.2 Landlord or Landlord’s officers,
agents, and representatives (subject to any security regulations imposed by any governmental authority) shall have the right to enter all parts of the Premises at all reasonable hours upon reasonable prior written notice to Tenant (other than in an
emergency) to Tenant to inspect, clean, make repairs, alterations, and additions to the Project or the Premises which it may deem necessary or desirable, to make repairs to adjoining spaces, to cure any Event of Default of Tenant hereunder that
Landlord elects to cure pursuant to Section 22.5, below, to show the Premises to prospective tenants (during the final nine (9) months of the Term or at any time after the occurrence of an Event of Default that remains

  
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uncured), mortgagees or purchasers of the Building, or to provide any service which it is obligated or elects to furnish to Tenant; and Tenant shall not be entitled to any abatement or reduction
of Rent by reason thereof. Landlord shall have the right to enter the Premises at any time and by any means in the case of an emergency. Notwithstanding the foregoing, Landlord agrees that when it undertakes any of the activities described in this
Section 7.2, it shall exercise commercially reasonable efforts to do so in such a manner as to minimize the interference with Tenant’s use and occupancy of the Premises. Further, despite the foregoing, (a) Landlord shall follow
Tenant’s commercially reasonable security requirements in connection with any entry by Landlord into the Premises, which include the requirement that all persons entering the Premises shall be attended by a representative of Tenant; provided
that Tenant’s failure to make a Tenant representative available at the time of Landlord’s entry into the Premises set forth in Landlord’s notice of the time it intends to enter the Premises (or, in the case of an emergency, that
actual time of entry) shall not limit Landlord’s or Landlord’s officers, agents, representatives’ right to enter the Premises, and (b) Tenant reserves the right to designate from time-to-time certain portions of the Premises
(“Secured Areas”) that are not available for Landlord to exhibit due to security considerations, including security with respect to information and training, including, without limitation, trade secrets, intellectual property, and other
information that Tenant wishes to protect. In the event of an emergency, however, Landlord shall use good-faith efforts to follow Tenant’s security requirements, but Landlord will be required to give only such notice that it in good faith
believes is feasible under the circumstances and need not wait to be accompanied by Tenant or its employees or representatives (although these parties may still accompany Landlord if they are available and wish to do so). Tenant shall reimburse
landlord for any additional costs (including overtime labor costs) arising from Tenant’s security requirements. Landlord need not clean any area designated by Tenant as a Secured Area unless and except to the extent Tenant allows
Landlord’s janitorial service provider to have access to those Secured Areas and shall only maintain or repair such Secured Areas to the extent (i) such repair or maintenance is required in order to maintain and repair the Building
structure and/or the Building systems; (ii) as required by Applicable Law, or (iii) in response to specific requests by Tenant and in accordance with a schedule reasonably designated by Tenant, subject to Landlord’s reasonable
approval. 
 7.3 Except as otherwise expressly provided in this Lease, Tenant hereby waives all rights it would otherwise have
under California Civil Code Sections 1932(1) and 1942(a) or any successor statutes to deduct repair costs from Rent and/or terminate this Lease as the result of any failure by Landlord to maintain or repair. 

ARTICLE 8. 
 REPAIRS AND CARE OF PROJECT BY TENANT 
 8.1 If the Building, the Project, or any
portion thereof, including but not limited to, the elevators, boilers, engines, pipes, and other apparatus, or members of elements of the Building (or any of them) used for the purpose of climate control of the Building or operating of the
elevators, or of the water pipes, drainage pipes, electric lighting, or other equipment of the Building or the roof or outside walls of the Building and also the Premises improvements, including but not limited to, the carpet, wall coverings, doors,
and woodwork, become damaged or are destroyed through the negligence or willful misconduct of Tenant, its agents, employees, contractors or invitees, then the reasonable cost of the necessary repairs, replacements, or

  
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alterations shall be borne by Tenant who shall pay the same to Landlord as Additional Rent within ten (10) days after demand, subject to Section 13.4 below. Landlord shall have
the exclusive right, but not the obligation, to make any repairs necessitated by such damage. 
 8.2 Subject to
Section 13.4 below, Tenant agrees, at its sole cost and expense, to repair or replace any damage or injury done to the Project, or any part thereof, caused by Tenant, Tenant’s agents, employees, contractors, or invitees which
Landlord elects not to repair. Tenant shall not injure the Project or the Premises and shall maintain the elements of the Premises not to be maintained by Landlord pursuant to this Lease in at least as good a condition as they are in as of the
Commencement Date, ordinary wear and tear, damage by casualty, and condemnation excluded. If Tenant fails to keep such elements of the Premises in such, condition and repair as required hereunder and does not cure that failure within the applicable
notice and cure periods, Landlord may restore the Premises to such condition and make such repairs without liability to Tenant for any loss or damage that may accrue to Tenant’s property or business by reason thereof, and within ten
(10) days after completion thereof, Tenant shall pay to Landlord, as Additional Rent, upon demand, the cost of restoring the Premises to such good order and condition and of the making of such repairs, plus an additional charge of ten percent
(10%) thereof. Tenant shall leave the Premises at the end of each business day in a reasonably tidy condition for the purpose of allowing the performance of Landlord’s cleaning services. Upon the Expiration Date or the Termination Date,
Tenant shall surrender and deliver up the Premises to Landlord in the same condition in which it existed at the Commencement Date, excepting only ordinary wear and tear and damage arising from any cause not required to be repaired by Tenant. Upon
the Expiration Date or the Termination Date, Landlord shall have the right to re-enter and take possession of the Premises. 
 
ARTICLE 9. 
 TENANT’S EQUIPMENT AND INSTALLATIONS 

9.1 If heat-generating machines or equipment, including telephone equipment, cause the temperature in the Premises, or any part thereof,
to exceed the temperatures the Building’s air conditioning system and any supplemental HVAC system then existing would be able to maintain in such Premises were it not for such heat-generating equipment, unless Tenant either reduces the use of
heat-generating equipment, or within the lab areas of the Premises, installs supplemental HVAC equipment sufficient to address the additional heat load, within thirty (30) days after notice from Landlord, then Landlord reserves the right to
install supplementary air conditioning units in the Premises, and the cost thereof, including the cost of installation and the cost of operation and maintenance thereof, including water, shall be paid by Tenant to Landlord within ten (10) days
after demand by Landlord. 
 9.2 Except for desk or table-mounted typewriters, adding machines, office calculators, dictation
equipment, personal computers, multi-function (print/copy/fax/scan) devices, and other similar office equipment consistent with first-class general office use in Comparable Buildings, Tenant shall not install within the office areas of the Premises
any fixtures, equipment, facilities, or other improvements without the specific written consent of Landlord, subject of Article 15, below. Tenant shall not, without the specific written consent of Landlord (which consent shall not be
unreasonably withheld, conditioned, or delayed), install or maintain any apparatus or device within the office areas of the Premises which shall increase the 

  
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usage of electrical power or water for the Premises to an amount greater than would be normally required for general office use for space of comparable size in the Market Area; and if any such
apparatus or device is so installed, Tenant agrees to furnish Landlord a written agreement to pay for any additional costs of utilities as the result of said installation. 
 ARTICLE 10. 
 FORCE MAJEURE 

10.1 It is understood and agreed that with respect to any service or other obligation to be furnished or obligations to be performed by
either party that in no event shall either party be liable for failure to furnish or perform the same when prevented from doing so by strike, lockout, breakdown, accident, supply, or inability by the exercise of reasonable diligence to obtain
supplies, parts, or employees necessary to furnish such service or meet such obligation; or because of war or other emergency; or for any cause beyond the reasonable control with the party obligated for such performance; or for any cause due to any
act or omission of the other party or its agents, employees, licensees, invitees, or any persons claiming by, through, or under the other party; or because of the failure of any public utility to furnish services; or because of order or regulation
of any federal, state, county or municipal authority (collectively, “Force Majeure Events”). Nothing in this Section 10.1 shall limit or otherwise modify or waive Tenant’s obligation to pay Base Rent and Additional Rent as
and when due pursuant to the terms of this Lease. 
 ARTICLE 11. 

CONSTRUCTION, MECHANCIES’ AND MATERIALMAN’S LIENS 
 11.1 Tenant shall not suffer or permit any construction, mechanics’ or materialman’s lien to be filed against the Premises or any portion of the Project by reason of work, labor services, or
materials supplied or claimed to have been supplied to Tenant. Nothing herein contained shall be deemed or construed in any way as constituting the consent or request of Landlord, expressed or implied, by inference or otherwise, for any contractor,
subcontractor, laborer, or materialman to perform any labor or to furnish any materials or to make any specific improvement, alternation, or repair of or to the Premises or any portion of the Project; nor of giving Tenant any right, power, or
authority to contract for, or permit the rendering of, any services or the furnishing of any materials that could give rise to the filing of any construction, mechanics’ or materialman’s lien against the Premises or any portion of the
Project. 
 11.2 If any such construction, mechanics’ or materialman’s lien shall at any time be filed against the
Premises or any portion of the Project as the result of any act or omission of Tenant, Tenant covenants that it shall, within twenty (20) days after Tenant has notice of the claim for lien, procure the discharge thereof by payment or by giving
security or in such other manner as is or may be required or permitted by law or which shall otherwise satisfy Landlord. If Tenant fails to take such action, Landlord, in addition to any other right or remedy it may have, may take such action as may
be reasonably necessary to protect its interests. Any amounts paid by Landlord in connection with such action, all other expenses of Landlord incurred in connection therewith, including reasonable attorneys’ fees, court costs, and other
necessary disbursements shall be repaid by Tenant to Landlord within ten (10) days after demand. 

  
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 ARTICLE 12. 

ARBITRATION 

12.1 In the event that a dispute arises under Section 5.3 above, the same shall be submitted to arbitration in accordance
with the provisions of applicable state law, if any, as from time to time amended. Arbitration proceedings, including the selection of an arbitrator, shall be conducted pursuant to the rules, regulations, and procedures from time to time in effect
as promulgated by the American Arbitration Association (the “Association”). Prior written notice of application by either party for arbitration shall be given to the other at least ten (10) days before submission of the application to
the said Association’s office in the city wherein the Building is situated (or the nearest other city having an Association office). The arbitrator shall hear the parties and their evidence. The decision of the arbitrator may be entered in the
appropriate court of law; and the parties consent to the jurisdiction of such court and further agree that any process or notice of motion or other application to the court or a judge thereof may be served outside the state wherein the Building is
situated by registered mail or by personal service, provided a reasonable time for appearance is allowed. The costs and expenses of each arbitration hereunder and their apportionment between the parties shall be determined by the arbitrator in his
or her award or decision, subject to the last sentence of this section. No arbitrable dispute shall be deemed to have arisen under this Lease (a) prior to the expiration of the period of twenty (20) days after the date of the giving of
written notice by the party asserting the existence of the dispute, together with a description thereof sufficient for an understanding thereof, and (b) where Tenant disputes the amount of a Tenant payment required hereunder (e.g.,
Operating Expense excess under Section 5.3 hereof), prior to Tenant paying in full the amount billed by Landlord, including the disputed amount. The prevailing party in such arbitration shall be reimbursed for its expenses, including
reasonable attorneys’ fees. Notwithstanding the foregoing, in no event shall this Article 12 affect or delay Landlord’s unlawful detainer rights under California law. 

ARTICLE 13. 
 INSURANCE 
 13.1 Landlord shall maintain, as a part of Operating Expenses, special
causes of loss form insurance on the Project in an amount equal to the full replacement cost of the Project, subject to such deductibles as Landlord may determine. Landlord shall not be obligated to insure, and shall not assume any liability of risk
of loss for, any of Tenant’s furniture, equipment, machinery, goods, supplies, improvements or alterations upon the Premises. Such insurance shall be maintained with an insurance company selected, and in amounts desired, by Landlord or
Landlord’s mortgagee, and payment for losses thereunder shall be made solely to Landlord subject to the rights of the holder of any mortgage or deed of trust which may now or hereafter encumber the Project. Additionally Landlord may maintain
such additional insurance, including, without limitation, earthquake insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. The cost of all such additional insurance shall also be part of
the Operating Expenses. Any or all of Landlord’s insurance may be provided by blanket coverage maintained by Landlord or any affiliate of Landlord under its insurance program for its portfolio of properties or by Landlord or any affiliate of
Landlord’s program of self insurance, and in such event Operating Expenses shall include the portion of the reasonable cost of blanket insurance or self-insurance that is allocated to the Project. 

  
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 13.2 Tenant, at its own expense, shall maintain with insurers authorized to do business in
the State of California and which are rated A- and have a financial size category of at least VIII in the most recent Best’s Key Rating Guide, or any successor thereto (or if there is none, an organization having a national reputation),
(a) commercial general liability insurance, including Broad Form Property Damage and Contractual Liability with the following minimum limits: General Aggregate $3,000,000.00; Products/Completed Operations Aggregate $2,000,000.00; Each
Occurrence $2,000,000.00; Personal and Advertising Injury $1,000,000.00; Medical Payments $5,000.00 per person, (b) Umbrella/Excess Liability on a following form basis with the following minimum limits: General Aggregate $5,000,000.00; Each
Occurrence $5,000,000.00; (c) Workers’ Compensation with statutory limits; (d) Employer’s Liability insurance with the following limits: Bodily injury by disease per person $1,000,000.00; Bodily injury by accident policy limit
$1,000,000.00; Bodily injury by disease policy limit $1,000,000.00; (e) property insurance on special causes of loss insurance form covering any and all personal property of Tenant including but not limited to alterations, improvements
(inclusive of the initial improvements (if any) constructed pursuant to Exhibit C), betterments, furniture, fixtures and equipment in an amount not less than their full replacement cost, with a deductible not to exceed $100,000.00; and
(f) business auto liability insurance having a combined single limit of not less than One Million Dollars ($1,000,000.00) per occurrence and insuring Tenant against liability for claims arising out of ownership, maintenance or use of any owned,
hired or non-owned automobiles. At all times during the Term, such insurance shall be maintained, and Tenant shall cause a current and valid certificate of such policies to be deposited with Landlord. If Tenant fails to have a current and valid
certificate of such policies on deposit with Landlord at all times during the Term and such failure is not cured within five (5) business days following Tenant’s receipt of written notice thereof from Landlord to all Tenant parties
referenced in the Basic Lease Information, Landlord shall have the right, but not the obligation, to obtain such an insurance policy, and Tenant shall be obligated to pay Landlord the amount of the premiums applicable to such insurance within ten
(10) days after Tenant’s receipt of Landlord’s request for payment thereof. Said policy of liability insurance shall name Landlord and Landlord’s managing agent as additional insureds and Tenant as the insured and shall be
noncancellable with respect to Landlord except after thirty (30) days’ written notice from the insurer to Landlord. Upon receipt of the required certificate of insurance from Tenant, Landlord shall cancel the insurance that it purchased
and promptly refund the prorated premium to Tenant, less any amounts due Landlord under this Section 13.2. Notwithstanding the foregoing provisions of Section 13.2 (d), so long as (a) the initially named Tenant is the
tenant-in-possession, and Tenant meets the Financial Condition (as defined below), Tenant may have a property insurance deductible in excess of $100,000.00, but not to exceed $500,000.00. For purposes of this Lease, the “Financial
Condition” shall mean the net worth of Tenant is at least $200,000,000.00, as shown by Tenant’s most current audited financial statements delivered to Landlord (which delivery may be made by means of Tenant directing Landlord to the
location of Tenant’s website containing such financial information) within thirty (30) days after written request from time to time while such deductible in excess of $100,000.00 is in effect (which audited financial statements shall have
been issued not more than fifteen (15) months prior to the applicable date). 
 13.3 Tenant shall adjust bi-annually the
amount of coverage established in Section 13.2 hereof to such amount as in Landlord’s reasonable opinion, adequately protects Landlord’s interest; provided the same is consistent with the amount of coverage customarily required
of comparable tenants in Comparable Buildings. 

  
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 13.4 Notwithstanding anything in this Lease to the contrary, Landlord and Tenant each hereby
waives any and all rights of recovery, claim, action, or cause of action against the other, its agents, employees, licensees, or invitees for any loss or damage to or at the Premises or the Project or any personal property of such party therein or
thereon by reason of fire, the elements, or any other cause which would be insured against under the terms of (i) fire and extended coverage insurance or (ii) the liability insurance referred to in Section 13.2, to the extent
of such insurance, regardless of cause or origin, including omission of the other party hereto, its agents, employees, licensees, or invitees. Landlord and Tenant covenant that no insurer shall hold any right of subrogation against either of such
parties with respect thereto. This waiver shall be ineffective against any insurer of Landlord or Tenant to the extent that such waiver is prohibited by the laws and insurance regulations of the State of California. The parties hereto agree that any
and all such insurance policies required to be carried by either shall be endorsed with a subrogation clause, substantially as follows: “This insurance shall not be invalidated should the insured waive, in writing prior to a loss, any and all
right of recovery against any party for loss occurring to the property described therein,” and shall provide that such party’s insurer waives any right of recovery against the other party in connection with any such loss or damage.

 13.5 In the event Tenant’s particular conduct of business in or on the Premises (as opposed to general office or
laboratory use), whether or not Landlord has consented to the same, results in any increase in premiums for the insurance carried from time to time by Landlord with respect to the Building, Tenant shall pay any such increase in premiums as Rent
within ten (10) days after bills for such additional premiums shall be rendered by Landlord. In determining whether increased premiums are a result of Tenant’s use or occupancy of the Premises, a schedule issued by the organization
computing the insurance rate on the Building showing the various components of such rate, shall be conclusive evidence of the several items and charges which make up such rate. Tenant shall promptly comply with all reasonable requirements of the
insurance authority or of any insurer now or hereafter in effect relating to the Premises of which Tenant has received written notice. 
 ARTICLE 14. 
 QUIET ENJOYMENT 

14.1 Provided Tenant is not in default under this Lease after the expiration of any period for cure in the performance of all its
obligations under this Lease, including, but not limited to, the payment of Rent and all other sums due hereunder, Tenant shall peaceably and quietly hold and enjoy the Premises for the Term, subject to the provisions and conditions set forth in
this Lease. 
 ARTICLE 15. 
 ALTERATIONS 
 15.1 Tenant agrees that it shall not make or allow to be made any
alterations, physical additions, or improvements in or to the Premises without first obtaining the written consent of Landlord in each instance. As used herein, the term “Minor Alteration” refers to an alteration that (a) does not
affect the outside appearance of the Building and is not visible from the Common Areas, (b) is non-structural and does not impair the strength or structural integrity 

  
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of the Building, and (c) does not affect the mechanical, electrical, HVAC or other systems of the Building. Landlord agrees not to unreasonably withhold its consent to any Minor Alteration.
Landlord’s consent to any other alteration may be conditioned, given, or withheld in Landlord’s sole discretion. Notwithstanding the foregoing, Landlord consents to any repainting, recarpeting, or other purely cosmetic changes or upgrades
to the Premises, so long as (i) the aggregate cost of such work is less than $50,000.00 in any twelve-month period, (ii) such work constitutes a Minor Alteration (iii) no building permit is required in connection therewith, and
(iv) such work conforms to the then existing Building standards. At the time of said request, Tenant shall submit to Landlord plans and specifications of the proposed alterations, additions, or improvements; and Landlord shall have a period of
thirty (30) days therefrom in which to review and approve or disapprove said plans; provided that if Landlord determines in good faith that Landlord requires a third party to assist in reviewing such plans and specifications, Landlord shall
instead have a period of sixty (60) days in which to review and approve or disapprove said plans. Tenant shall pay to Landlord upon demand the actual out-of-pocket cost and expense of Landlord in (A) reviewing said plans and
specifications, and (B) inspecting the alterations, additions, or improvements to determine whether the same are being performed in accordance with the approved plans and specifications and all laws and requirements of public authorities,
including, without limitation, the fees of any architect or engineer employed by Landlord for such purpose. In any instance where Landlord grants such consent, and permits Tenant to use its own contractors, laborers, materialmen, and others
furnishing labor or materials for Tenant’s construction (collectively, “Tenant’s Contractors”), Landlord’s consent shall be deemed conditioned upon each of Tenant’s Contractors (1) working in harmony and not
interfering with any laborer utilized by Landlord, Landlord’s contractors, laborers, or materialmen; and (2) furnishing Landlord with evidence of acceptable liability insurance, worker’s compensation coverage and if required by
Landlord, completion bonding, and if at any time such entry by one or more persons furnishing labor or materials for Tenant’s work shall cause such disharmony or interference, the consent granted by Landlord to Tenant may be withdrawn
immediately upon written notice from Landlord to Tenant. Tenant, at its expense, shall obtain all necessary governmental permits and certificates for the commencement and prosecution of alterations, additions, or improvements and for final approval
thereof upon completion, and shall cause any alterations, additions, or improvements to be performed in compliance therewith and with all applicable laws and requirements of public authorities and with all applicable requirements of insurance
bodies. All alterations, additions, or improvements shall be diligently performed in a good and workmanlike manner, using new or like-new materials and equipment at least equal in quality and class to (a) the original installations of the
Building, or (b) the then standards for the Comparable Building. Upon the completion of work and upon request by Landlord, Tenant shall provide Landlord copies of all waivers or releases of lien from each of Tenant’s Contractors. No
alterations, modifications, or additions to the Project or the Premises shall be removed by Tenant either during the Term or upon the Expiration Date or the Termination Date without the express written approval of Landlord. Tenant shall not be
entitled to any reimbursement or compensation resulting from its payment of the cost of constructing all or any portion of said improvements or modifications thereto unless otherwise expressly agreed by Landlord in writing. Tenant agrees
specifically that no food, soft drink, or other vending machine shall be installed within the Premises, without the prior written consent of Landlord as to the weight, location, manner of installation and number of those vending machines.

  
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 15.2 Landlord’s approval of Tenant’s plans for work shall create no responsibility
or liability on the part of Landlord for their completeness, design sufficiency, or compliance with all laws, rules, and regulations of governmental agencies or authorities, including, but not limited to, the Americans with Disabilities Act.
Landlord may, at its option, at Tenant’s expense, require that Tenant contract with Landlord’s base building subcontractors for any mechanical, electrical, plumbing, life safety, structural, heating, ventilation, and air-conditioning work
outside the Premises and for any life safety or structural work within in the Premises. 
 15.3 At least five (5) days
prior to the commencement of any work permitted to be done by persons requested by Tenant on the Premises, Tenant shall notify Landlord of the proposed work and the names and addresses of Tenant’s Contractors. During any such work on the
premises, Landlord, or its representatives, shall have the right to go upon and inspect the Premises at all reasonable times, and shall have the right to post and keep posted thereon building permits or to take any further action which Landlord may
deem to be proper for the protection of Landlord’s interest in the Premises. Landlord agrees that when it undertakes any of the activities described in this Section 15.3, it shall exercise commercially reasonable efforts to do so in
such a manner as to minimize the interference with Tenant’s construction. 
 15.4 Notwithstanding the provisions of
Section 15.1, so long as the Tenant is the initially-named Tenant under this Lease, Landlord consents to Tenant performing work to connect, disconnect, and reconnect Tenant’s specific business electrical equipment within the lab
portions of the Premises, subject to the following conditions: (a) the connections ultimately terminate in a line or circuit that is submetered, (b) Tenant complies with Section 15.3 (other than the notice requirement) in
connection with such work, (c) all such work is performed in accordance with Applicable Laws, and (d) the contractor performing the work must be approved by Landlord or must have been approved by Landlord in connection with prior similar
work in the Premises. 
 ARTICLE 16. 

FURNITURE, FIXTURES, AND PERSONAL PROPERTY 
 16.1 Tenant, at its sole cost and expense, may remove its trade fixtures, office supplies and moveable office furniture and equipment not attached to the Project or Premises provided: 

(a) Such removal is made prior to the Expiration Date or the Termination Date; and 

(b) Tenant promptly repairs all damage caused by such removal. 

16.2 If Tenant does not remove its trade fixtures, office supplies, and moveable furniture and equipment as herein above provided prior
to the Expiration Date or the Termination Date (unless prior arrangements have been made with Landlord and Landlord has agreed in writing to permit Tenant to leave such items in the Premises for an agreed period), then, in addition to its other
remedies, at law or in equity, Landlord shall have the right to have such items removed and stored at Tenant’s sole cost and expense and all damage to the Project or the 

  
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Premises resulting from said removal shall be repaired at the cost of Tenant, except to the extent that the damage is caused by the gross negligence or willful misconduct of Landlord or its
agents, employees, representatives, or contractors. All other property in the Premises, any alterations, or additions to the Premises (including wall-to-wall carpeting, paneling, wall covering, specially constructed or built-in cabinetry or
bookcases), and any other article attached or affixed to the floor, wall, or ceiling of the Premises shall become the property of Landlord and shall remain upon and be surrendered with the Premises as a part thereof at the Expiration or Termination
Date regardless of who paid therefor; and Tenant hereby waives all rights to any payment or compensation therefor. If, however, Landlord so requests, in writing, Tenant shall remove, prior to the Expiration Date or the Termination Date, any and all
alterations, additions, fixtures, equipment, and property placed or installed in the Premises and shall repair any damage caused by such removal. In addition, if any alterations performed by Tenant do not use materials that conform to the building
standards used by Landlord at the time of the particular alteration or if Tenant requests any initial improvements to the Premises pursuant to Exhibit C, if any, that use materials that do not conform to the building standards used by
Landlord at the time of that work, Tenant shall (a) at Tenant’s sole cost and expense, no later than the later of the expiration of the Term (or 30 days after the earlier termination of the Term other than a termination pursuant to
Article 56) and if Landlord has given notice of its election under subclause (b) of this Section 16.2, the date that is 30 days after Landlord and Tenant determine that Tenant will perform the work as opposed to pay Landlord
a lump sum as contemplated below, cause the improvements in the Premises to be restored to conform to Landlord’s building standard in place when the work was done, at Tenant’s sole cost and expense, or (b) if Landlord so elects in
writing, Tenant shall pay Landlord a lump-sum amount determined by Landlord in its reasonable judgment and agreed upon by Tenant in its reasonable judgment sufficient to pay the cost of restoring the improvements in the Premises to building
standard; provided that if Landlord and Tenant are not able to agree on the lump-sum amount at least 35 days before the expiration of the Term or within 15 days after the earlier termination of the Term other than a termination pursuant to
Article 56, Tenant shall be obligated to perform the restoration as provided in clause (a) of this Section 16.2. Despite anything to the contrary contained in this Lease, prior to commencing any alteration, Tenant may
request in writing that Landlord notify Tenant whether or not the proposed alteration will be required by Landlord to be removed at the end of the Term if Landlord does not respond to that request at the time that Landlord approves the request,
Landlord shall be deemed to have required that Tenant remove the proposed alternation. 
 16.3 All the furnishings, fixtures,
equipment, effects, and property of every kind, nature, and description of Tenant and of all persons claiming by, through, or under Tenant which, during the continuance of this Lease or any occupancy of the Premises by Tenant or anyone claiming
under Tenant, may be on the Premises or elsewhere in the Project shall be at the sole risk and hazard of Tenant, and if the whole or any part thereof shall be destroyed or damaged by fire, water, or otherwise, or by the leakage or bursting of water
pipes, steam pipes, or other pipes, by theft, or from any other cause, no part of said loss or damage is to be charged to or be borne by Landlord unless due to the gross negligence or willfull misconduct of Landlord or its employees, agents or
contractors. 

  
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 ARTICLE 17. 

PERSONAL PROPERTY AND OTHER TAXES 
 17.1 During the Term hereof, Tenant shall pay, prior to delinquency, all business and other taxes, charges, notes, duties, and assessments levied, and rates or fees imposed, charged, or assessed against
or in respect of Tenant’s occupancy of the Premises or in respect of the personal property, trade fixtures, furnishings, equipments, and all other personal and other property of Tenant contained in the Project, and shall hold Landlord harmless
from and against all payment of such taxes, charges, notes, duties, assessments, rates, and fees, and against all loss, costs, charges, notes, duties, assessments, rates, and fees, and any and all such taxes. Tenant shall cause said fixtures,
furnishings, equipment, and other personal property to be assessed and billed separately from the real and personal property of Landlord. In the event any or all of Tenant’s fixtures, furnishings, equipment, and other personal property shall be
assessed and taxed with Landlord’s real property, Tenant shall pay to Landlord Tenant’s share of such taxes within ten (10) days after delivery to Tenant by Landlord of a statement in writing setting forth the amount of such taxes
applicable to Tenant’s property. 
 ARTICLE 18. 

ASSIGNMENT AND SUBLETTING 
 18.1 Tenant shall not, without the prior written consent of Landlord, which consent shall not be unreasonably withheld (except that Landlord shall in not event be obligated to consent to an encumbrance of
this Lease or any transfer by operation of law), conditioned or delayed beyond the express periods set forth in Section 18.3: (a) assign, convey, mortgage or otherwise transfer this Lease or any interest hereunder, or sublease the
Premises, or any part thereof, whether voluntarily or by operation of law; or (b) permit the use of the Premises or any part thereof by any person other than Tenant and its employees. Any such transfer, sublease or use described in the
preceding sentence (a “Transfer”) occurring without the prior written consent of Landlord shall, at Landlord’s option, be void and of no effect. Landlord’s consent to any Transfer shall not constitute a waiver of Landlord’s
right to withhold its consent to any future Transfer. Landlord may require as a condition to its consent to any assignment of this Lease that the assignee execute an instrument in which such assignee assumes the remaining obligations of Tenant
hereunder; provided that the acceptance of any assignment of this Lease by the applicable assignee shall automatically constitute the assumption by such assignee of all of the remaining obligations of Tenant that accrue following such assignment.
The voluntary or other surrender of this Lease by Tenant or a mutual cancellation hereof shall not work a merger and shall, at the option of Landlord, terminate all or any existing sublease or may, at the option of Landlord, operate as an assignment
to Landlord of Tenant’s interest in any or such subleases. 
 18.2 For purposes of this Lease, the term
“Transfer” shall also include (i) if a Tenant is a partnership or limited liability company, the withdrawal or change, voluntary, involuntary or by operation of law, of fifty percent (50%) or more of the partners, members or
managers thereof, or transfer of twenty-five percent (25%) or more of partnership or membership interests therein within a twelve (12) month period, or the dissolution of the partnership or the limited liability company without immediate
reconstitution thereof, and (ii) if Tenant is a corporation whose stock is not publicly held and not traded through an exchange or over the counter or any other form of entity, (A) the dissolution, merger, consolidation or other

  
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reorganization of Tenant, the sale or other transfer of more than an aggregate of fifty percent (50%) of the voting shares or other interests of or in Tenant (other than to immediate family
members by reason of gift or death), within a twelve (12) month period, or (B) the sale, mortgage, hypothecation or pledge of more than an aggregate of fifty percent (50%) of the value of the unencumbered assets of Tenant within a
twelve (12) month period. 
 18.3 If Tenant desires the consent of Landlord to a Transfer, Tenant shall submit to Landlord,
at least thirty (30) days prior to the proposed effective date of the Transfer, a written notice (the “Transfer Notice”) which includes (a) the name of the proposed sublessee or assignee, (b) the nature of the proposed
sublessee’s or assignee’s business, (c) the terms and provisions of the proposed sublease or assignment, and (d) current financial statements and information on the proposed sublessee or assignee. Upon receipt of the Transfer
Notice, Landlord may request additional information concerning the Transfer or the proposed sublessee or assignee (the “Additional Information”). Tenant hereby agrees that it shall be a reasonable basis for Landlord to withhold its consent
if Landlord has not received the Additional Information requested by Landlord. Landlord agrees to use reasonable efforts to respond to any request by Tenant for approval of a proposed Transfer for which approval is required hereunder within fifteen
(15) days after receipt of the Transfer Notice. If Landlord fails to notify Tenant of Landlord’s approval or disapproval within such fifteen (15) day period, Tenant shall have the right to provide Landlord with a second written
request for approval (a “Second Request”) that contains the following statement in bold and capital letters: “THIS IS A SECOND REQUEST FOR APPROVAL OF TRANSFER PURSUANT TO THE PROVISIONS OF SECTION 18.3 OF THE LEASE. IF
LANDLORD FAILS TO RESPOND WITHIN TEN (10) DAYS AFTER RECEIPT OF THIS NOTICE, THEN LANDLORD SHALL BE DEEMED TO HAVE APPROVED THE TRANSFER DESCRIBED HEREIN.” If Landlord fails to respond to such Second Request within ten (10) days after
receipt by Landlord, the Transfer shall be deemed approved by Landlord. Without limiting any other reasonable basis for Landlord to withhold its consent to the proposed Transfer, Landlord and Tenant agree that for purposes of this Lease and any
Applicable Law, Landlord shall not be deemed to have unreasonably withheld its consent if, in the judgment of Landlord acting in good faith: (i) the transferee is of a character or engaged in a business which is not in keeping with the
standards or criteria used by Landlord in leasing the Project, or the general character or quality of the Project; (ii) in connection with an assignment only, the financial condition of the transferee is such that it may not be able to perform
its obligations in connection with this Lease (or otherwise does not satisfy Landlord’s standards for financial standing with respect to tenants under direct leases of comparable economic scope); (iii) the transferee, or any person or
entity which directly or indirectly controls, is controlled by, or is under common control with, the transferee, is a tenant of or negotiating for space in the Project occupies space in the Project or has negotiated with Landlord within the
preceding one hundred eighty (180) days (or is currently negotiating with Landlord) to lease space in the Project, (iv) the transferee has the power of eminent domain, is a governmental agency or an agency or subdivision of a foreign
government; (v) an Event of Default by Tenant has occurred and is uncured at the time Tenant delivers the Transfer Notice to Landlord; (vi) in the judgment of Landlord, such a Transfer would violate any term, condition, covenant, or
agreement of Landlord involving the Project or any other tenant’s lease within it or would give an occupant of the Project a right to cancel or modify its lease; (vii) in connection with a sublease only, the financial condition of the
transferee is such that it may not be able to perform its obligations under the proposed sublease; (viii) in Landlord’s judgment, the use of the 

  
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Premises by the proposed transferee would not be comparable to the types of office use by other tenants in the Project, would entail any alterations which would lessen the value of the tenant
improvements in the Premises, would result in more than a reasonable density of occupants per square foot of the Premises, would increase the burden on elevators or other Building systems or equipment over the burden thereon prior to the proposed
Transfer, would require increased services by Landlord or would require any alterations to the Project to comply with applicable laws; (ix) the transferee intends to use the space for purposes which are not permitted under this Lease;
(x) the terms of the proposed Transfer would allow the transferee to exercise a right of renewal, right of expansion, right of first offer, or other similar right held by Tenant that under the terms of this Lease may not be exercised by such
transferee; (xi) the proposed Transfer would result in more than three subleases per each full floor of the Premises being in effect at any one time during the Term; or (xi) any ground lessor or mortgagee whose consent to such Transfer is
required fails to consent thereto. Tenant hereby waives any right to terminate the Lease as a remedy for Landlord wrongfully withholding its consent to any Transfer. 
 18.4 Landlord and Tenant agree that, in the event of any approved Transfer, the rights of any such transferee of Tenant herein shall be subject to all of the terms, conditions, and provisions of this
Lease, including, without limitation, restriction on use, assignment, and subletting and, in connection with an assignment only, the covenant to pay Rent. During the continuance of an Event of Default, Landlord may collect the rent owing by the
assignee or sublessee directly from such assignee or sublessee and apply the amount so collected to the Rent herein reserved. No such consent to or recognition of any such assignment or subletting shall constitute a release of Tenant or any
guarantor of Tenant’s performance hereunder from further performance by Tenant or such guarantor of covenants undertaken to be performed by Tenant herein. Tenant and any such guarantor shall remain liable and responsible for all Rent and other
obligations herein imposed upon Tenant, and Landlord may condition its consent to any Transfer upon the receipt of a written reaffirmation from each such guarantor in a form acceptable to Landlord (which shall not be construed to imply that the
occurrence of a Transfer without such a reaffirmation would operate to release any guarantor). Consent by Landlord to a particular assignment, sublease, or other transaction shall not be deemed a consent to any other or subsequent transaction. In
any case where Tenant desires to assign, sublease or enter into any related or similar transaction, whether or not Landlord consents to such assignment, sublease, or other transaction, Tenant shall pay any reasonable attorneys’ fees incurred by
Landlord in connection with such assignment, sublease or other transaction, including, without limitation, fees incurred in reviewing documents relating to, or evidencing, said assignment, sublease, or other transaction. All documents utilized by
Tenant to evidence any subletting or assignment for which Landlord’s consent has been requested and is required hereunder, shall be subject to prior approval (not to be unreasonably withheld, conditioned or delayed) by Landlord or its attorney.

 18.5 Tenant shall be bound and obligated to pay Landlord a portion of any sums or economic consideration payable to Tenant by
any sublessee, assignee, licensee, or other transferee, within ten (10) days following receipt thereof by Tenant from such sublessee, assignee, licensee, or other transferee, as the case might be, as follows: 

(a) In the case of an assignment, fifty percent (50%) of any sums or other economic consideration received by Tenant
as a result of such assignment shall be paid to Landlord after first deducting the following costs incurred by Tenant in 

  
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connection with the Transfer: leasehold improvements paid for by Tenant, reasonable attorneys’ fees, real estate commissions, customary marketing costs, and any improvement allowance, rent
abatement, or other customary economic concession (collectively, the “Transfer Costs”). 
 (b) In the
case of a subletting, fifty percent (50%) of any sums or economic consideration received by Tenant as a result of such subletting shall be paid to Landlord after first deducting (i) the Rent due hereunder prorated to reflect only Rent
allocable to the sublet portion of the Premises during the term of the sublease, and (ii) Transfer Costs which shall be amortized over the term of the sublease. 

(c) Tenant shall provide Landlord with a detailed statement setting forth any sums or economic consideration Tenant either
has or will derive from such Transfer, the deductions permitted under (a) and (b) of this Section 18.5, and the calculation of the amounts due Landlord under this Section 18.5. 

18.6 If this Lease is assigned to any person or entity pursuant to the provisions of the Bankruptcy Code, 11 U.S.C. Section 101 et
seq. or any successor or substitute therefor (the “Bankruptcy Code”), any and all monies or other consideration payable or otherwise to be delivered in connection with such assignment shall be paid or delivered to Landlord, shall be and
remain the exclusive property of Landlord, and shall not constitute property of Tenant or of the estate of Tenant within the meaning of the Bankruptcy Code. Any such monies or other consideration not paid or delivered to Landlord shall be held in
trust for the benefit of Landlord and shall be promptly paid or delivered to Landlord. Any person or entity to whom this Lease is so assigned shall be deemed, without further act or deed, to have assumed all of the remaining obligations arising
under this Lease as of the date of such assignment. Any such assignee shall, upon demand therefor, execute and deliver to Landlord an instrument confirming such assumption. 
 18.7 [Intentionally Omitted] 
 18.8 Notwithstanding anything to the contrary
contained in this Article 18, Tenant may Transfer this Lease or the Premises without the need for Landlord’s prior consent if such Transfer is to any parent, subsidiary, division, or affiliate business entity which the initially named
Tenant controls, is controlled by or is under common control with (each, an “Affiliate”) provided that: (i) at least thirty (30) days prior to such Transfer, Tenant delivers to Landlord the financial statements or other financial
and background information of the transferee as required for other transfers; (ii) if the transfer is an assignment, the assignee assumes, in full, the obligations of Tenant under this Lease that accrue after the date of the assignment;
(iii) in the case of an assignment only, the net worth of the assignee as of the time of the proposed transfer is sufficient for such assignee to fulfill its obligations pursuant to such assignment; (iv) Tenant remains fully liable under
this Lease; and (v) unless Landlord consents to the same, the use of the Premises set forth herein remains unchanged. As used in this section, “control” (including, with its correlative meanings, “controlled by” and
“under common control with”) shall mean possession, directly or indirectly, of power to direct or cause the direction of management or policies through ownership of voting shares or other ownership interests of the entity subject to
control, by contract, or otherwise. 

  
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 18.9 Notwithstanding anything to the contrary contained in this Article 18, Tenant
may engage in Approved Reorganizations (as defined below), without the express consent of Landlord; provided that (a) at least ten (10) days prior to the effective date of the Approved Reorganization, Tenant shall furnish Landlord with the
name of the transferee and a written certification from an officer of Tenant certifying that the Transfer qualifies as an Approved Reorganization, (b) no Event of Default exists under this Lease during the period commencing on the date of
Tenant’s request and ending on the effective date of the Approved Reorganization, and (c) there is no change in use of the Premises. To the extent that legal requirements or confidentiality requirements do not permit Tenant to give
Landlord prior notice of an Approved Reorganization, then Tenant may in lieu of the prior notice required under this Section give Landlord notice within ten (10) days after the effective date of the Approved Reorganization, together with the
name of the transferee and a written certification from an officer of Tenant certifying that the Transfer qualifies as an Approved Reorganization. As used herein, the term “Approved Reorganizations” means any merger, reorganization or
consolidation of Tenant (whether or not Tenant is the surviving entity), or the sale of at least fifty percent (50%) of the assets or stock of Tenant, in each case as a going concern, where Tenant’s successor shall have a net worth
following consummation of such transaction, as reasonably determined by Landlord in accordance with generally accepted accounting principles, that is sufficient to meet the remaining obligations of Tenant under this Lease. In addition,
Landlord’s consent shall not be required with respect to the infusion of additional equity capital in Tenant or an initial public offering of equity securities of Tenant under the Securities Act of 1933, as amended, which results in
Tenant’s stock being traded on a national securities exchange, including, but not limited to, the NYSE, the NASDAQ Stock Market or the NASDAQ Small Cap Market System. 
 18.10 The provisions of Section 18.5 shall not apply to any assignment or subletting permitted without Landlord’s consent pursuant to Section 18.8 or 18.9. The
transferee under a Transfer permitted under Section 18.8 or 18.9 without Landlord’s consent is referred to herein as a “Permitted Transferee.” 
 ARTICLE 19. 
 DAMAGE OR DESTRUCTION 

19.1 Casualty. If the Premises or Building should be damaged or destroyed by fire or other casualty, Tenant shall give written
notice to Landlord promptly after Tenant becomes aware of the damage or destruction. Within thirty (30) days after receipt from Tenant of such written notice, Landlord shall notify Tenant whether the necessary repairs can reasonably be made:
(a) within two hundred seventy (270) days; or (b) in more than two hundred seventy (270) days, in each case after the date on which Landlord becomes aware of the damage or destruction (the “Knowledge Date”). 

19.1.1 270 Days or Less. If the Premises or any Common Areas necessary to Tenant’s use of or providing access to the
Premises should be damaged only to such extent that rebuilding or repairs can reasonably be completed in two hundred seventy (270) days or less after the Knowledge Date, then Landlord shall repair the Premises and such Common Areas, provided
insurance proceeds are available to pay for the full repair of all damage (or would have been available had Landlord secured the insurance required under this Lease), except 

  
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that Landlord shall not be required to rebuild, repair or replace Tenant’s furniture, fixtures, furnishings, or equipment (collectively, “Tenant’s Property”). If Tenant’s
use of the Premises is impaired by the damage or destruction, Base Rent and Additional Rent payable hereunder shall be abated proportionately on the basis of the size of the area of the Premises that is unusable (i.e., the number of square
feet of floor area of the Premises that is unusable compared to the total square footage of the floor area of the Premises) or proportionate to the amount of impairment from the date of damage to the Premises until repaired only to the extent rental
abatement insurance proceeds are received by Landlord (or would have been received by Landlord if Landlord had carried rental abatement insurance with a coverage period of twelve months). In the event that Landlord should fail to substantially
complete such repairs within two hundred seventy (270) days after the Knowledge Date (such period to be extended for delays caused by Tenant or because of any Force Majeure Events, as hereinafter defined), Tenant shall have the right, as
Tenant’s exclusive remedy, within thirty (30) business days after the expiration of such two hundred seventy (270) day period, and provided that such repairs have not been substantially completed within such thirty (30) business day
period, to terminate this Lease by delivering written notice to Landlord as Tenant’s exclusive remedy, whereupon the Lease and all further rights of Tenant and obligations of the parties hereunder, terminate on the date specified by Tenant in
its notice to Landlord (which date shall not be more than sixty (60) days from the date of such notice). 
 19.1.2
Greater Than 270 Days. If the Premises or any Common Areas necessary to Tenant’s use of or providing access to the Premises should be so damaged that rebuilding or repairs cannot be completed within two hundred seventy (270) days
after the Knowledge Date, either Landlord or Tenant may terminate this Lease by giving written notice within thirty (30) business days after notice from Landlord specifying such time period of repair, and this Lease shall terminate and the Rent
shall be abated from the date of damage. In the event that neither party elects to terminate this Lease, Landlord shall commence and prosecute to completion the repairs to the Premises or Building, provided insurance proceeds are available to pay
for the repair of all damage (or would have been available had Landlord secured the insurance required under this Lease) except that Landlord shall not be required to rebuild, repair or replace Tenant’s Property. If Tenant’s use of the
Premises is impaired by the damage or destruction, Base Rent and Additional Rent payable hereunder shall be abated proportionately on the basis of the size of the area of the Premises that is unusable (i.e., the number of square feet of floor
area of the Premises that is unusable compared to the total square footage of the floor area of the Premises), or proportionate to the amount of impairment from the date of damage to the Premises until repaired only to the extent rental abatement
insurance proceeds are received by Landlord (or would have been received by Landlord if Landlord had carried rental abatement insurance with a coverage period of twelve months). 

19.1.3 Casualty During the Last Year of the Lease Term. Notwithstanding any other provisions hereof, if the Premises or any
Common Areas necessary to Tenant’s use of, or providing access to, the Premises shall be damaged within the last year of the Lease Term, and if the cost to repair or reconstruct the portion of the Premises which was damaged or destroyed shall
exceed $100,000, then, irrespective of the time necessary to complete such repair or reconstruction, either party shall have the right, in its sole and absolute discretion, to terminate the Lease effective upon the occurrence of such damage. The
foregoing right shall be in addition to any other right and option of either party under this Article 19. 

  
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 19.2 Uninsured Casualty. Tenant shall be responsible for and shall pay to Landlord
Tenant’s Share of any deductible payable under the property insurance for the Building as part of Operating Expenses, subject to any limitations in Section 5.1(a). In the event that the Premises or any portion of the Building is
damaged to the extent Tenant’s use and enjoyment of the Premises is materially impaired and such damage is not covered by insurance proceeds received by Landlord (or would have been available had Landlord secured the insurance required under
this Lease), or in the event that the holder of any indebtedness secured by the Premises requires that the insurance proceeds be applied to such indebtedness and such amounts are actually applied, then Landlord shall have the right at
Landlord’s option, in Landlord’s sole and absolute discretion, either (i) to repair such damage as soon as reasonably possible at Landlord’s expense, or (ii) to give written notice to Tenant within thirty (30) days
after the date of the occurrence of such damage of Landlord’s intention to terminate this Lease as of the date of the occurrence of such damage. In the event Landlord elects to terminate this Lease, Tenant shall have the right within thirty
(30) days after receipt of such notice to give written notice to Landlord of Tenant’s commitment to pay the cost of repair of such damage in excess of the insurance proceeds actually available to Landlord, in which event this Lease shall
continue in full force and effect, and Landlord shall make such repairs as soon as reasonably possible subject to the following conditions: Tenant shall deposit into escrow Landlord’s estimated cost of such repairs in excess of the insurance
proceeds actually available to Landlord (based on fixed price construction contracts to be entered into by Landlord and agreeable to Tenant in its reasonable discretion) not later than five (5) business days prior to Landlord’s
commencement of the repair work. If the cost of such repairs exceeds the amount deposited, Tenant shall reimburse Landlord for such excess cost within thirty (30) days after receipt of an invoice from Landlord, indicating payment of such
amounts. Any amount deposited by Tenant in excess of the cost of such repairs shall be refunded within thirty (30) days of Landlord’s final payment to Landlord’s contractor. If Tenant does not give such notice within the thirty
(30) day period, or fails to make such deposit as required, Landlord shall have the right, in Landlord’s sole and absolute discretion, to immediately terminate this Lease to be effective as of the date of the occurrence of the damage.

 19.3 Waiver. The provisions of this Lease, including this Article 19, constitute an express agreement between
Landlord and Tenant with respect to damage to, or destruction of, all or any portion of the Premises or the Project, and any statute or regulation of the State of California, including without limitations Sections 1932(2) and 1933(4) of the
California Civil Code, with respect to any rights or obligations concerning damage or destruction in the absence of an express agreement between the parties (and any other statute or regulation now or hereafter in effect with respect to such rights
or obligations), shall have no application to this Lease or to any damage or destruction to all or any portion of the Premises or the Project. 
 ARTICLE 20. 
 CONDEMNATION 

20.1 Total Condemnation. If all of the Premises is condemned by eminent domain, inversely condemned or sold under threat of
condemnation for any public or quasi-public use or purpose (“Condemned”), this Lease shall terminate as of the earlier of the date the condemning authority takes title to or possession of the Premises, and Rent shall be adjusted to the
date of termination. 

  
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 20.2 Partial Condemnation. If any portion of the Premises or Building is condemned
and such partial condemnation materially impairs Tenant’s ability to use the Premises for Tenant’s business, Landlords or Tenant may terminate this Lease as of the earlier of the date title vests in the condemning authority or as of the
date an order of immediate possession is issued and Rent shall be adjusted to the date of termination. If such partial condemnation does not materially impair Tenant’s ability to use the Premises for the business of Tenants, Landlords shall
promptly restore the Premises to the extent of any condemnation proceeds recovered by Landlords, excluding the portion thereof lost in such condemnation, and this Lease shall continue in full force and effect expect that after the date of such title
vesting or order of immediate possession Rent shall be reasonably adjusted. 
 20.3 Award. If the Premises are wholly or
partially condemned, Landlords shall be entitled to the entire award paid for such condemnation, and Tenant waives any claim to any part to the award form Landlords or the condemning authority other than Tenant’s Share of Proceeds (as defined
below), if any; provided, however, Tenant shall have the right to recover from the condemning authority such compensation as may be separately awarded to Tenant in connection with costs in removing Tenant’s merchandise, furniture, fixtures,
leasehold improvements and equipment to a new location. No condemnation of any kind shall be construed to constitute an actual or constructive eviction of Tenant or a breach of any express or implied covenant of quiet enjoyment. Tenant hereby waives
the effect of Sections 1265.120 and 1265.130 of the California Code of Civil Procedure. As used herein, “Tenant’s Share of Proceeds” means the product of (a) the amount of the condemnation award actually received from the
condemning authority that is specifically allocated by the condemning authority to tenant improvements (and not to land or any portion of the Building other than tenant improvements), multiplied by (b) the fraction, the numerator of which is
the useable area of the Premises that is condemned and the denominator of which is the total useable area in the Building that is condemned, multiplied by (c) the fraction, the numerator of which is the total amount paid by Tenant for the cost
of the Tenant Improvements (other than payment by application of the Tenant Improvement Allowance) and the denominator of which is the total cost of the Tenant Improvements, and multiplied by (d) a fraction, the numerator of which is the number
of months remaining in the Term after the partial termination pursuant to this Article 20 and the denominator of which is 63. 
 20.4 Temporary Condemnation. In the event of a temporary condemnation not extending for more than thirty (30) days, this Lease shall remain in effect, Rent shall abate until Tenant is again
able to occupy the Premises and use it to conduct business in a manner reasonably comparable to Tenant’s use of the space before the condemnation, and Landlord shall receive any award made for such condemnation. If a temporary condemnation is
for a period which extends beyond thirty (30) days, the provisions of Section 20.1, 20.2, and 20.3 shall apply. 
 ARTICLE 21. 
 HOLD HARMLESS 

21.1 Subject to the waiver set forth in Section 13.4, Tenant agrees to defend, with counsel approved by Landlords, acting
reasonably, all actions against Landlords, any member, partner, trustee, stockholder, officer, director, employee, or beneficiary of Landlords (collectively, “Landlord Parties”), holders of mortgages secured by the Premises or the Project

  
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and any other party having an interest therein (collectively with Landlord Parties, the “Indemnified Parties”) with respect to, and to pay, protect, indemnify, and save harmless, to the
extent permitted by law, all Indemnified Parties from and against, any and all liabilities, losses, damages, costs, expenses (including reasonable attorneys’ fees and expenses), causes of action, suits, claims, demands, or judgments of any
nature to which any Indemnified Party is subject because of its estate or interest in the Premises or the Project arising from (a) injury to or death of any person, or damage to or loss of property on the Premises or the Project, or, in any of
the foregoing cases, connected with the use, condition, or occupancy of the Premises, except to the extent, if any, caused by the gross negligence or willful misconduct of Landlord or its employees, contractors or agents, (b) any violation of
this Lease by or attributable to Tenant, (c) subject to Section 13.4, any negligence or willful misconduct of Tenant or its agents, contractors, licensees, sublessees, or invitees or (d) Tenant’s installation, operation,
maintenance, repair, relocation or removal of the Rooftop Equipment (as defined below). Tenant agrees to use and occupy the Premises and other facilities of the Project at its own risk, and hereby releases the Indemnified Parties from any and all
claims for any damage or injury to the fullest extent permitted by law. 
 21.2 Tenant agrees the Landlord shall not be
responsible or liable to Tenant, its agents, employees, or invitees for fatal or non-fatal bodily injury or property damage occasioned by the acts or omissions of any other tenant, or such other tenant’s agents, employees, licensees, or
invitees, of the Project. Landlord shall not be liable to Tenant for losses due to theft, burglary, or damages done by persons on the Project. 
 21.3 Notwithstanding anything to the contrary in this Article 21 or elsewhere in the Lease, Tenant does not agree to hold Landlord and Landlord Parties harmless from, or to release or indemnify
such parties for the gross negligence or willful misconduct of the Indemnified Parties, including Landlord and Landlord’s employees, contractors and agents, or for any breach by Landlord of its obligations under this Lease. 

ARTICLE 22. 
 DEFAULT BY TENANT 
 22.1 The term “Event of Default” refers to the
occurrence of any one (1) or more of the following: 
 (a) Failure of Tenant to pay when due any sum
required to be paid hereunder (the “Monetary Default”) within five (5) days of receipt of written notice from Landlord; provided, however, that after the first failure to pay any sum required to be paid hereunder in any twelve
(12) month period, in the event that Tenant fails a second time to pay when due any sum required to be paid hereunder during such twelve (12) month period, such failure shall be deemed to automatically constitute a Monetary Default without
any obligation on Landlord to provide any additional written notice, and provided further that Tenant acknowledges that any such written notice provided hereunder shall be in lieu of, and not in addition to, any notice to pay rent or quit pursuant
to any applicable statutes; 

  
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 (b) Failure of Tenant, after thirty (30) days written notice thereof,
to perform any of Tenant’s obligations, covenants, or agreements except a Monetary Default, provided that if the cure of any such failure is not reasonably susceptible of performance within such thirty (30) day period, then an Event of
Default of Tenant shall not be deemed to have occurred so long as Tenant has promptly commenced and thereafter diligently prosecutes such cure to completion and completes that cure within thirty (30) days; 

(c) Tenant, or any guarantor of Tenant’s obligations under this Lease (the “Guarantor”), admits in writing
that it cannot meet its obligations as they become due; or is declared insolvent according to any law; or assignment of Tenant’s or Guarantor’s property is made for the benefit of creditors; or a receiver or trustee is appointed for Tenant
or Guarantor or its property; or the interest of Tenant or Guarantor under this Lease is levied on under execution or other legal process; or any petition is filed by or against Tenant or Guarantor to declare Tenant bankrupt or to delay, reduce, or
modify Tenant’s debts or obligations; or any petition filed or other action taken to reorganize or modify Tenant’s or Guarantor’s capital structure if Tenant is a corporation or other entity. Any such levy, execution, legal process,
or petition filed against Tenant or Guarantor shall not constitute a breach of this Lease provided Tenant or Guarantor shall vigorously contest the same by appropriate proceedings and shall remove or vacate the same within ninety (90) days from
the date of its creation, service, or filing; 
 (d) The abandonment (as defined in California Civil Code section
1951.3) of the Premises by Tenant; 
 (e) The discovery by Landlord that any financial statement given by Tenant
or any of its assignees, subtenants, successors-in-interest, or Guarantors was materially false; or 
 (f) If
Tenant or any Guarantor shall die, cease to exist as a corporation or partnership, or be otherwise dissolved or liquidated or become insolvent, or shall make a transfer in fraud of creditors. 

22.2 In the event of any Event of Default by Tenant, Landlord, at its option, may pursue one or more of the following remedies without
notice or demand in addition to all other rights and remedies provided for at law or in equity: 
 (a) Landlord
may continue this Lease in full force and effect, and this Lease shall continue in full force and effect as long as Landlord does not terminate Tenant’s right to possession, and Landlord shall have the right to collect Rent when due. Landlord
may enter the Premises and relet it, or any part of it, to third parties for Tenant’s account, provided that any Rent in excess of the Rent due hereunder shall be payable to Landlord. Tenant shall be liable immediately to Landlord for all costs
Landlord incurs in reletting the Premises, including, without limitation, brokers’ commissions, expenses of cleaning and redecorating the Premises required by the reletting and like costs. Reletting may be for a period shorter or longer than
the remaining Term of this Lease. Tenant shall pay to Landlord the Rent and other sums due under this Lease on the dates the Rent is 

  
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due, less the Rent and other sums Landlord receives from any reletting. No act by Landlord allowed by this Section 22.2(a) shall terminate this Lease unless Landlord notifies Tenant
in writing that Landlord elects to terminate this Lease. 
 “The lessor has the remedy described in Civil Code
Section 1951.4 (lessor may continue the lease in effect after lessee’s breach and abandonment and recover rent as it becomes due, if lessee has the right to sublet or assign subject only to reasonable limitations).” 

(b) Landlord may terminate Tenant’s right to possession of the Premises at any time by giving written notice to that
effect. No act by Landlord other than giving written notice to Tenant shall terminate this Lease. Acts of maintenance, efforts to relet the Premises or the appointment of a receiver on Landlord’s initiative to protect Landlord’s interest
under this Lease shall not constitute a termination of Tenant’s right to possession. On termination, Landlord shall have the right to remove all personal property of Tenant and store it at Tenant’s cost and to recover from Tenant as
damages: (i) the worth at the time of award of unpaid Rent and other sums due and payable which had been earned at the time of termination; plus (ii) the worth at the time of award of the amount by which the unpaid Rent and other sums due and
payable which would have been payable after termination until the time of award exceeds the amount of the Rent loss that Tenant proves could have been reasonably avoided; plus (iii) the worth at the time of award of the amount by which the
unpaid Rent and other sums due and payable for the balance of the Term after the time of award exceeds the amount of the Rent loss that Tenant proves could be reasonably avoided; plus (iv) any other amount necessary to compensate Landlord for
all the detriment proximately caused by Tenant’s failure to perform Tenant’s obligations under this Lease, or which, in the ordinary course of things, would be likely to result therefrom, including, without limitation, any costs or
expenses incurred by Landlord: (A) in retaking possession of the Premises, including reasonable attorneys’ fees and costs therefor; (B) maintaining or preserving the Premises for reletting to a new tenant, including repairs or
alterations to the Premises for the reletting; (C) leasing commissions; (D) any other costs necessary or appropriate to relet the Premises; and (E) at Landlord’s election, such other amounts in addition to or in lieu of the foregoing
as may be permitted from time to time by the laws of the State of California. 
 The “worth at the time of award” of the amounts
referred to in Sections 22.2(b)(i) and 22.2(b)(ii) shall be calculated by allowing interest at the lesser of twelve percent (12%) per annum or the maximum rate permitted by law, on the unpaid Rent and other sums due and payable
from the termination date through the date of award. The “worth at the time of award” of the amount referred to in Section 22.2(b)(iii) shall be calculated by discounting the amount at the discount rate of the Federal Reserve
Bank of San Francisco at the time of award, plus one percent (1%). Tenant waives redemption or relief from forfeiture under California Code of Civil Procedure Sections 1174 and 1179, or under any other present or future law, if Tenant is evicted or
Landlord takes possession of the Premises by reason of any Event of Default by Tenant. 
 22.3 No re-entry or repossession,
repairs, maintenance, changes, alterations and additions, reletting, appointment of a receiver to protect Landlord’s interests hereunder, or any 

  
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other action or omission by Landlord shall be construed as an election by Landlord to terminate this Lease or Tenant’s right to possession, or to accept a surrender of the Premises, nor
shall same operate to release Tenant in whole or in part from any of Tenant’s obligations hereunder, unless express written notice of such intention is sent by Landlord to Tenant. 

22.4 Each right and remedy provided for in this Lease shall be cumulative and shall be in addition to every other right or remedy
provided for in this Lease or now or hereafter existing at law or in equity or by statute or otherwise, including, but not limited to, suits for injunctive relief and specific performance. The exercise or beginning of the exercise by Landlord of any
one or more of the rights or remedies provided for in this Lease or now or hereafter existing at law or in equity, or by statute or otherwise shall not preclude the simultaneous or later exercise by Landlord for any or all other rights or remedies
provided for in this Lease or now or hereafter existing at or in equity or by statute or otherwise. All such rights and remedies shall be considered cumulative and non-exclusive. If any notice and grace period required under subparagraphs
22.1(a) or (b) was not previously given, a notice to pay rent or quit, or to perform or quit, as the case may be, given to Tenant under any statute authorizing the forfeiture of leases for unlawful detainer shall also constitute the
applicable notice for grace period purposes required by subparagraphs 22.1(a) or (b). In such case, the applicable grace period under subparagraphs 22.1(a) or (b) and under the unlawful detainer statute shall run
concurrently after the one such statutory notice, and the failure of Tenant to cure the default within the greater of the two (2) such grace periods shall constitute both an unlawful detainer and an Event of Default entitling Landlord to the
remedies provided for in this Lease and/or by said statute, 
 22.5 If Tenant should fail to make any payment or cure any
default hereunder within the time herein permitted and such failure constitutes an Event of Default (except in the case where if Landlord in good faith believes that action prior to the expiration of any cure period under Section 22.1 is
necessary to prevent imminent damage to persons or property, in which case Landlord may act without waiting for such cure period to expire), Landlord, without being under any obligation to do so and without thereby waiving such default, may make
such payment and/or remedy such default for the account of Tenant (and enter the Premises for such purpose), and thereupon, Tenant shall be obligated and hereby agrees to pay Landlord, upon demand, all reasonable costs, expenses, and disbursements,
plus five percent (5%) overhead cost incurred by Landlord in connection therewith. 
 22.6 [Intentionally Omitted]

 22.7 Nothing contained in this Article 22 shall limit or prejudice the right of Landlord to prove and obtain as
damages in any bankruptcy, insolvency, receivership, involuntary reorganization, reorganization under bankruptcy law, or dissolution proceeding, an amount equal to the maximum allowed by any statute or rule of law governing such a proceeding and in
effect at the time when such damages are to be proved, whether or not such amount be greater, equal, or less than the amounts recoverable, either as damages or Rent, referred to in any of the preceding provisions of this Article 22.
Notwithstanding anything contained in this Article to the contrary, any such proceeding or action involving bankruptcy, insolvency, reorganization, arrangement, assignment for the benefit of creditors, or appointment of a receiver or trustee, as set
forth above, shall be considered to be an Event of Default only when such 

  
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proceeding, action, or remedy shall be taken or brought by or against the then holder of the leasehold estate under this Lease. 

22.8 Landlord is entitled to accept, receive, in check or money order, and deposit any payment made by Tenant for any reason or purpose
or in any amount whatsoever, and apply them at Landlord’s option to any obligation of Tenant, and such amounts shall not constitute payment of any amount owed, except that to which Landlord has applied them; provided that if Tenant’s
payment expressly designates how the payment is to be applied and the amount so paid by Tenant corresponds to the amount due for the item or items designated by Tenant, Landlord agrees to apply those payments as designated by Tenant. No endorsement
or statement on any check or letter of Tenant shall be deemed an accord and satisfaction or, except as expressly set forth in the prior sentence, recognized for any purpose whatsoever. The acceptance of any such check or payment shall be without
prejudice to Landlord’s rights to recover any and all amounts owed by Tenant hereunder and shall not be deemed to cure any other default nor prejudice Landlord’s rights to pursue any other available remedy, Landlord’s acceptance of
partial payment of Rent does not constitute a waiver of any rights, including without limitation any right Landlord may have to recover possession of the Premises. 
 22.9 In the event that Tenant’s right of possession of the Premises is terminated prior to the end of the initial term by reason of default, then immediately upon such termination, an amount shall be
due and payable by Tenant to Landlord equal to the unamortized portion as of that date (which amortization shall be based on an interest rate of eleven percent (11%) per annum and the number of months of unexpired Lease term) of the sum of (a)
the cost of Landlord’s Work (if any), (b) the Allowance (if any), (c) the value of any free Base Rent (i.e., the Base Rent stated in this Lease to be abated as an inducement to Tenant’s entering into this Lease) enjoyed as
of that date by Tenant, and (d) the amount of all commissions paid by Landlord in order to procure this Lease (collectively, the “Inducements”). Notwithstanding the foregoing, Landlord shall not be entitled to recover such unamortized
portions of the Inducements as provided in this Section 22.9 if, following an uncured default under this Lease by Tenant, Landlord elects to pursue its remedy against Tenant pursuant to California Civil Code Section 1951.4, or if
Landlord recovers the discounted present value of all rent payable for the entire term of the Lease pursuant to California Civil Code Section 1951.2. To the extent Landlord recovers the discounted present value of some, but not all, of the rent
payable following the termination of this Lease resulting from Tenant’s default, the number of months of such rent so recovered by Landlord shall be subtracted from the “number of months of unexpired lease term” in the formula set
forth above. 
 22.10 Tenant waives the right to terminate this Lease on Landlord’s default under this Lease. Except as set
forth in Section 22.11, Tenant’s sole remedy on Landlord’s default is an action for damages or injunctive or declaratory relief. Landlord’s failure to perform any of its obligations under this Lease shall constitute a
default by Landlord under this Lease if the failure continues for thirty (30) days after written notice of the failure from Tenant to Landlord. If the required performance cannot be completed within thirty (30) days, Landlord’s
failure to perform shall constitute a default under the Lease unless Landlord undertakes to cure the failure within thirty (30) days and diligently and continuously attempts to complete this cure as soon as reasonably possible. All obligations
of each party hereunder shall be construed as covenants, not conditions. 

  
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 22.11 If Landlord is in default of any of its repair and maintenance obligations with
respect to the Premises or any other portion of the Building that affects the Premises only, Tenant shall have the right to cure a default by Landlord under the limited circumstances where all of the following conditions exist (the “Self Help
Conditions”): (a) Landlord has failed to cure the Landlord default within applicable notice and cure periods and, in addition, Landlord is not actively attempting to cure the default, unless it is an emergency and Landlord has not taken
action within 48 hours; (b) prior to curing the default, Tenant provides Landlord with written notice of the fact that Tenant intends to cure the default on Landlord’s behalf; (c) the action required to cure the default does not
require Tenant to have access to the premises of any other tenant or occupant of the Building; and (d) the action required to cure the default does not involve the performance of work with respect to any Base Building systems. If all of the
Self Help Conditions exist and Tenant elects to cure the default of Landlord, any such curative work must be performed by contractors that have previously performed similar work for Landlord in the Building, provided that the identity of such
contractors are made known to Tenant. In addition, if Landlord has a warranty or service and maintenance agreement for a particular item that requires service, repair or replacement as part of the curative work (and Tenant is aware of such warranty
or contract), Tenant shall endeavor to contract with the issuer of such warranty or contract for the performance of the curative work so as not to adversely affect such warranty or contract. In attempting to cure any default by Landlord, Tenant
shall perform only so much work as is reasonably necessary to cure the default. Tenant’s indemnification under Section 21.1 of this Lease shall apply in connection with the performance of such work. Upon completion of the curative
work by Tenant and receipt of paid invoices, Landlord shall reimburse Tenant for all expenses reasonably incurred by Tenant in curing Landlord’s default. If Landlord fails to repay Tenant for such costs within fifteen (15) days after
Landlord’s receipt of the paid invoices, Tenant shall be entitled to pursue its remedies under applicable law for payment of such amount. 
 ARTICLE 23. 
 [INTENTIONALLY OMITTED] 

ARTICLE 24. 
 [INTENTIONALLY OMITTED] 
 ARTICLE 25. 

ATTORNEYS’ FEES 
 25.1 All costs and expenses, including reasonable attorneys’ fees (whether or not legal proceedings are instituted), involved in collecting rents or other amounts due to either party under this
Lease, enforcing the obligations of Tenant or Landlord under this Lease, or protecting the rights or interests of Landlord or Tenant under this Lease, incurred in instituting and prosecuting legal proceedings or, in the case of Landlord, recovering
possession of the Premises after default by Tenant or in the case of either Landlord or Tenant upon expiration or sooner termination of this Lease, shall be due and payable by the other party within thirty (30) days of receipt of an invoice
therefor (and, in the case of Tenant, as additional rent). In addition, and notwithstanding the foregoing, if either party hereto shall file any action or bring any proceeding against the other party arising out of this Lease or for the declaration
of any rights hereunder, the prevailing party in such action shall be entitled to recover from the other party all costs and expenses, including reasonable attorneys’ fees incurred by the prevailing party, as

  
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determined by the trier of fact in such legal proceeding. For purposes of this provision, the terms “attorneys’ fees” or “attorneys’ fees and costs,” or “costs
and expenses” shall mean the fees and expenses of legal counsel (including external counsel and in-house counsel) of the parties hereto, which include printing, photocopying, duplicating, mail, overnight mail, messenger, court filing fees,
costs of discovery, and fees billed for law clerks, paralegals, investigators and other persons not admitted to the bar for performing services under the supervision and direction of an attorney. For purposes of determining in-house counsel fees,
the same shall be considered as those fees normally applicable to a partner in a law firm with like experience in such field. In addition, the prevailing party shall be entitled to recover reasonable attorneys’ fees and costs incurred in
enforcing any judgment arising from a suit or proceeding under this Lease, including without limitation post-judgment motions, contempt proceedings, garnishment, levy and debtor and third party examinations, discovery and bankruptcy litigation,
without regard to schedule or rule of court purporting to restrict such award. This post-judgment award of attorneys’ fees and costs provision shall be severable from any other provision of this Lease and shall survive any judgment/award on
such suit or arbitration and is not to be deemed merged into the judgment/award or terminated with the Lease. 
 
ARTICLE 26. 
 NON-WAIVER 
 26.1 Neither acceptance of any payment by Landlord or Tenant nor, failure by Landlord or Tenant to complain of any action, non-action, or default of the other party hereto shall constitute a waiver of any
of Landlord’s or Tenant’s rights hereunder. Time is of the essence with respect to the performance of every obligation of each party under this Lease in which time of performance is a factor. Waiver by either party of any right or remedy
arising in connection with any default of the other party shall not constitute a waiver of such right or remedy or any other right or remedy arising in connection with either a subsequent default of the same obligation or any other default. No right
or remedy of either party hereunder or covenant, duty, or obligation of any party hereunder shall be deemed waived by the other party unless such waiver is in writing, signed by the other party or the other party’s duly authorized agent.

 ARTICLE 27. 
 RULES AND REGULATIONS 
 27.1 Such reasonable rules and regulations applying to all
lessees in the Project for the safety, care, and cleanliness of the Project and the preservation of good order thereon are hereby made a part hereof as Exhibit D, and Tenant agrees to comply with all such rules and regulations. Landlord shall
have the right at all times to change such rules and regulations or to amend them in any reasonable and non-discriminatory manner as may be deemed advisable by Landlord, all of which changes and amendments shall be sent by Landlord to Tenant in
writing and shall be thereafter carried out and observed by Tenant. In the event that Tenant notifies Landlord of any non-compliance with said rules and regulations by any other lessee in the Project which adversely affects Tenant’s use and
enjoyment of the Premises, Landlord shall use its reasonable efforts to cause such other tenant to comply with such rules and regulations; provided that Landlord shall have no obligation to commence or prosecute any action or proceeding against such
other tenant and Landlord shall not have any liability to Tenant for any failure of any other lessees of the Project to comply with such rules and regulations. 

  
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 ARTICLE 28. 

ASSIGNMENT BY LANDLORD 
 28.1 Landlord shall have the right to transfer or assign, in whole or in part, all its rights and obligations hereunder and in the Premises and the Project. In such event, no liability or obligation shall
accrue or be charged to Landlord with respect to the period from and after such transfer or assignment and assumption of Landlord’s obligations by the transferee or assignee; provided that any successor pursuant to a voluntary transfer (but not
as part of an involuntary transfer resulting from a foreclosure or deed in lieu thereof) shall have assumed Landlord’s obligations under this Lease. 
 ARTICLE 29. 
 LIABILITY OF LANDLORD AND TENANT

 29.1 It is expressly understood and agreed that the obligations of Landlord under this Lease shall be binding upon Landlord
and its successors and assigns and any future owner of the Project only with respect to events occurring during its and their respective ownership of the Project; provided that any successor pursuant to a voluntary transfer (but not as part of an
involuntary transfer resulting from a foreclosure or deed in lieu thereof) shall have assumed Landlord’s obligations under this Lease. In addition, Tenant agrees to look solely to Landlord’s interest in the Project and the proceeds derived
therefrom for recovery of any judgment against Landlord arising in connection with this Lease, it being agreed that neither Landlord nor any successor or assign of Landlord nor any future owner of Project, nor any partner, shareholder, member, or
officer of any of the foregoing shall ever be personally liable for any such judgment. The limitations of liability contained in this Section 29.1 shall inure to the benefit of Landlord’s and the Landlord parties’ present and
future partners, beneficiaries, officers, directors, trustees, shareholders, agents and employees, and their respective partners, heirs, successors and assigns. Under no circumstances shall any present or future partner of Landlord (if Landlord is a
partnership), or trustee or beneficiary (if Landlord or any partner of Landlord is a trust), have any liability for the performance of Landlord’s obligations under this Lease. Notwithstanding any contrary provision herein, neither Landlord nor
the Landlord Parties shall be liable under any circumstances for any indirect or consequential damages or any injury or damage to, or interference with, Tenant’s business, including but not limited to, loss of profits, loss of rents or other
revenues, loss business opportunity, loss of goodwill or loss of use, in each case, however occurring. Notwithstanding any contrary provision herein, Tenant shall not be liable under any circumstances for any indirect or consequential damages or any
injury or damage to, or interference with, Landlord’s business, including but not limited to, loss of profits, loss of rents or other revenues (other than the loss of Rents payable by Tenant under this Lease), loss of business opportunity, loss
of goodwill or loss of use, in each case, however occurring, except as specifically provided in Article 31. 
 
ARTICLE 30. 
 SUBORDINATION AND ATTORNMENT 
 30.1 This Lease, at Landlord’s option, shall be subordinate to any present or future mortgage, ground lease or declaration of covenants regarding maintenance and use of any areas contained in any
portion of the Building, and to any and all advances made under any 

  
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present or future mortgage and to all renewals, modifications, consolidations, replacements, and extensions of any or all of same. Tenant agrees, with respect to any of the foregoing documents,
that no documentation other than this Lease shall be required to evidence such subordination. If any holder of a mortgage shall elect for this Lease to be superior to the lien of its mortgage and shall give written notice thereof to Tenant, then
this Lease shall automatically be deemed prior to such mortgage whether this Lease is dated earlier or later than the date of said mortgage or the date of recording thereof. Tenant agrees to execute such documents as may be further required to
evidence such subordination or to make this Lease prior to the lien of any mortgage or deed of trust, as the case may be, and failure to do so within five (5) days after written demand shall be an Event of Default. Tenant hereby attorns to all
successor owners of the Building, whether or not such ownership is acquired as a result of a sale through foreclosure or otherwise. 
 30.2 Each party shall, at such time or times as the other party may request, upon not less than ten (10) days’ prior written request by the requesting party, sign and deliver to the requesting
party a certificate stating whether this Lease is in full force and effect; whether any amendments or modifications exist; whether any Monthly Rent has been prepaid and, if so, how much; whether to the knowledge of the certifying party there are any
defaults hereunder; and in the circumstance where Landlord is the requesting party, such other factual information as may be reasonably requested, it being intended that any such statement delivered pursuant to this Article may be relied upon by the
requesting party and by any prospective purchaser of all or any portion of the requesting party’s interest herein, or a holder or prospective holder of any mortgage encumbering the Building. Tenant’s failure to deliver such statement
within five (5) days after Landlord’s second written request therefor shall constitute an Event of Default (as that term is defined elsewhere in this Lease) and shall conclusively be deemed to be an admission by Tenant of the matters set
forth in the request for an estoppel certificate. 
 30.3 Tenant shall deliver to Landlord prior to the execution of this Lease
and thereafter at any time upon Landlord’s request, Tenant’s current audited financial statements, including a balance sheet and profit and loss statement for the most recent prior year (collectively, the “Statements”), which
Statements shall accurately and completely reflect the financial condition of Tenant. Landlord shall have the right to deliver the same to any proposed purchaser of the Building or the Project, and to any encumbrancer of all or any portion of the
Building or the Project. Notwithstanding the foregoing, if (i) Tenant is required to file reports under the Securities Exchange Act of 1934, as amended, (ii) Tenant is current in its reporting obligations thereunder, and (iii) the
reports required by such act are available to the public, including Landlord, then Tenant shall not be obligated to provide Landlord with financial statements pursuant to this Section 30.3. 

30.4 Tenant acknowledges that Landlord is relying on the Statements in its determination to enter into this Lease, and Tenant represents
to Landlord, which representation shall be deemed made on the date of this Lease and again on the Commencement Date, that no material change in the financial condition of Tenant, as reflected in the Statements, has occurred since the date Tenant
delivered the Statements to Landlord. The Statements are represented and warranted by Tenant to be correct and to accurately and fully reflect Tenant’s true financial condition as of the date of submission of any Statements to Landlord.

  
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 30.5 As a condition to Tenant’s subordination and attornment obligations as set forth
in Section 30.1, above, any future mortgagee or beneficiary receiving the benefit of that subordination shall have provided Tenant with a written subordination and non-disturbance agreement in recordable form acceptable to such mortgagee or
beneficiary in its sole discretion providing that so long as Tenant performs all of the terms of this Lease, Tenant’s possession under this Lease shall not be disturbed and Tenant shall not be joined by the holder of any mortgage or deed of
trust in any action or proceeding to foreclose thereunder, except where such is necessary for jurisdictional or procedural reasons. Landlord agrees to use commercially reasonable efforts to obtain from a future mortgagee or beneficiary commercially
reasonable modifications to its form of subordination and non-disturbance agreement requested by Tenant in writing. Tenant shall pay all costs incurred by Landlord in obtaining that subordination and non-disturbance agreement. 

ARTICLE 31. 
 HOLDING OVER 
 31.1 In the event Tenant, or any party claiming under Tenant,
retains possession of the Premises after the Expiration Date or Termination Date, such possession shall be that of a holdover tenant and an unlawful detainer. No tenancy or interest shall result from such possession, and such parties shall be
subject to immediate eviction and removal. Tenant or any such party shall pay Landlord, as Base Rent for the period of such holdover, an amount equal to one hundred fifty percent (150%) of the Base Rent otherwise provided for herein, during the
time of holdover together with all other Additional Rent and other amounts payable pursuant to the terms of this Lease. Tenant shall also be liable for any and all damages sustained by Landlord as a result of such holdover. Tenant shall vacate the
Premises and deliver same to Landlord immediately upon Tenant’s receipt of notice from Landlord to so vacate. The Rent during such holdover period shall be payable to Landlord on demand. No holding over by Tenant, whether with or without
consent of Landlord, shall operate to extend the Term of this Lease. 
 ARTICLE 32. 

SIGNS 
 32.1
Subject to Landlord’s prior written approval, in its reasonable discretion, and provided all signs are in keeping with the quality and nature of the Building and Project, Tenant, if the Premises comprise an entire floor of the Building, at its
sole cost and expense, may install identification signage anywhere in the Premises; provided that such signs must not be visible from the exterior of the Building and any elevator lobby sign shall comply with Landlord’s then-current Building
standard signage program. Any signs within an elevator lobby or visible from an elevator lobby shall be subject to Landlord’s reasonable approval. 
 32.2 If other tenants occupy space on the floor on which a portion of the Premises is located, Tenant’s identifying signage with respect to such floor shall be provided by Landlord, at
Landlord’s cost, and such signage shall be comparable to that used by Landlord for other similar floors in the Building and shall comply with Landlord’s then-current Building standard signage program. 

  
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 32.3 Any signs, notices, logos, pictures, names or advertisements which are installed and
that have not been separately approved by Landlord or permitted pursuant to Section 32.4 below may be removed, upon not less than five (5) business days prior written notice to Tenant, at the sole expense of Tenant. Except as
provided in Section 32.4, below, Tenant may not install any signs on the exterior or roof of the Building or the Common Areas. Any signs, window coverings, blinds or other items visible from the exterior of the Premises or the Building,
shall be subject to the prior approval of Landlord, in its sole discretion. 
 32.4 Tenant shall be entitled to install the
following signage (collectively, the “Tenant’s Signage”): 
 (a) So long as Tenant leases and
occupies the entirety of the original Premises leased under the terms of this Lease (or other space in the Project with substantially the same or more square feet as the Original Premises), to the extent allowed pursuant to Applicable Laws and the
provisions of any CC&Rs affecting the Project, signage on the Building identifying Tenant’s name or logo located as shown on Exhibit I to this Lease (the “Building Top Signage”). 

(b) So long as Tenant leases and occupies at least one (1) full floor in the Building (or aggregate square footage in
the Project equivalent to 1 full floor in the Building), one (1) strip on the existing monument sign located at the Building. 
 (c) Signage displaying Tenant’s name and logo on the portion of the Premises that comprises the main lobby on the first floor of the Building. 

32.4.1 Tenant’s Signage shall set forth Tenant’s name and logo as determined by Tenant in its sole discretion; provided,
however, in no event shall Tenant’s Signage include an “Objectionable Name,” as that term is defined in Section 32.4.2, of this Lease. The graphics, materials, color, design, lettering, lighting, size, illumination,
specifications and exact location of Tenant’s Signage (collectively, the “Sign Specifications”) shall be subject to the prior written approval of Landlord, which approval shall not be unreasonably withheld, conditioned or delayed, and
shall be consistent and compatible with the quality and nature of the Project. For purposes of this Section 32.4.1, the reference to “name” shall mean name and/or logo. In addition, Tenant’s Signage shall be subject to
Tenant’s receipt of all required governmental permits and approvals and shall be subject to all Applicable Laws and to any CC&Rs affecting the Project. Landlord shall use commercially reasonable efforts to assist Tenant in obtaining all
necessary governmental permits and approvals for Tenant’s Signage. Tenant hereby acknowledges that, notwithstanding Landlord’s approval of Tenant’s Signage, Landlord has made no representation or warranty to Tenant with respect to the
probability of obtaining all necessary governmental approvals and permits for Tenant’s Signage. In the event Tenant does not receive the necessary governmental approvals and permits for Tenant’s Signage, Tenant’s and Landlord’s
rights and obligations under the remaining provisions of this Lease shall be unaffected. 
 32.4.2 To the extent Tenant desires
to change the name and/or logo set forth on Tenant’s Signage, such name and/or logo shall not have a name which relates to an entity which is of a character or reputation, or is associated with a political faction or orientation,

  
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which is inconsistent with the quality of the Project, or which would otherwise reasonably offend a landlord of the Comparable Buildings (an “Objectionable Name”). 

32.4.3 The rights contained in this Section 32.4 shall be personal to Tenant and its Permitted Transferees and any assignee
of this Lease consented to by Landlord, and may only be exercised and maintained by such parties (and not any other assignee, sublessee or other transferee of the Tenant’s interest in this Lease) to the extent (i) they are not in monetary
or material non-monetary default under this Lease (beyond any applicable notice and cure period) and (ii) the required amounts of space in the Building for the applicable signage set forth above is satisfied; provided that if Tenant has
subleased the entire Premises to a single subtenant consented to by Landlord, Tenant may exercise Tenant’s Signage rights for the benefit of that subtenant; provided further that in the event, all of the Tenant’s Signage shall use the same
name; provided further that if Tenant subleases space in the Premises to more than one subtenant consented to by Landlord, Landlord agrees to not unreasonably withhold its consent to directional signage in the lobby of the first floor of the
Building identifying those subtenants. Subject to Article 10, (a) Tenant’s Signage rights with respect to the Building-Top signage shall terminate and be of no further force or effect in the event that Tenant does not install
Tenant’s Building-Top signage within twelve (12) months after the full execution and delivery of this Lease, and (b) Tenant’s Signage rights with respect to monument signage shall terminate and be of no further force or effect in
the event Tenant does not install Tenant’s monument signage within twelve (12) months after the full execution and delivery of this Lease. 
 32.4.4 In the event Tenant vacates the Premises for a period of time longer than six (6) consecutive months, then Landlord shall have the right upon sixty (60) days’ written notice to
Tenant to either remove Tenant’s Signage or require Tenant to remove Tenant’s Signage. In the event Landlord gives that notice, Tenant’s rights to Tenant’s Signage shall terminate and Tenant’s Signage shall be removed unless
Tenant reoccupies at least fifty percent (50%) of the rentable area of the Premises for bona fide purposes of conducting business therein prior to the expiration of that sixty (60) day period. 

32.4.5 The costs of the actual signs comprising Tenant’s Signage and the installation, design, construction, and any and all other
costs associated with Tenant’s Signage, including, without limitation, utility charges and hook-up fees, permits, and maintenance and repairs, shall be the sole responsibility of Tenant, except that Landlord shall repair and maintain the
monument sign located at the Building and Tenant’s signage on that monument sign. Should Tenant’s Signage require repairs and/or maintenance, as determined in Landlord’s reasonable judgment, Landlord shall have the right to provide
notice thereof to Tenant and Tenant (except as set forth above) shall cause such repairs and/or maintenance to be performed within fifteen (15) business days after receipt of such notice from Landlord, at Tenant’s sole cost and expense;
provided, however, if such repairs and/or maintenance are reasonably expected to require longer than fifteen (15) business days to perform, Tenant shall commence such repairs and/or maintenance within such fifteen (15) business day period and
shall diligently prosecute such repairs and maintenance to completion. Should Tenant fail to perform such repairs and/or maintenance within the periods described in the immediately preceding sentence, Landlord shall, upon the delivery of an
additional five (5) business days’ prior written notice, have the right to cause such work to be performed and to charge Tenant as Additional Rent for the cost of such work. Upon the expiration or earlier termination of this Lease or the
earlier termination of 

  
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Tenant’s signage rights pursuant to this Section 32, Tenant shall, at Tenant’s sole cost and expense, cause Tenant’s Signage to be removed and shall cause the areas in
which such Tenant’s Signage was located to be restored to the condition existing immediately prior to the placement of such Tenant’s Signage. If Tenant fails to timely remove such Tenant’s Signage or to restore the areas in which such
Tenant’s Signage was located, as provided in the immediately preceding sentence, then Landlord, upon the delivery of an additional five (5) business days’ prior written notice, may perform such work, and all actual out-of-pocket costs
reasonably incurred by Landlord in so performing shall be reimbursed by Tenant to Landlord within thirty (30) days after Tenant’s receipt of an invoice therefor. Tenants shall be solely responsible for any damage caused as a result of the
Building Top Signage and (i) any additional maintenance costs with respect to the roof arising out of the installation, maintenance, repair, replacement or removal of the Building Top Signage. The provisions of this Section 32.4.5
shall survive the expiration or earlier termination of this Lease. 
 ARTICLE 33. 

HAZARDOUS SUBSTANCES 
 33.1 Except for Hazardous Material (as defined below) contained in products used by Tenant for ordinary cleaning and office purpose, Tenant shall not knowingly permit or cause any party to bring any
Hazardous Material upon the Premises and/or the Project or transport, store, use, generate, manufacture, dispose, or release any Hazardous Material on or from the Premises and/or the Project without Landlord’s prior written consent. Tenant, at
its sole cost and expense, shall operate its business in the Premises in strict compliance with all Environmental Requirements (as defined below) and all requirements of this Lease. Tenant shall complete and certify to disclosure statements as
requested by Landlord from time to time relating to Tenant’s transportation, storage, use, generation, manufacture, or release of Hazardous Materials on the Premises, and Tenant shall promptly deliver to Landlord a copy of any notice of
violation relating to the Premises or the Project of any Environmental Requirement. 
 33.2 The term “Environmental
Requirements” means all applicable present and future statutes, regulations, ordinance, rules, codes, judgments, permits, authorizations, orders, policies or other similar requirements of any governmental authority, agency or court regulating
or relating to health, safety, or environmental conditions on, under, or about the Premises or the environment, including without limitation, the following: the Comprehensive Environmental Response, Compensation and Liability Act; the Resource
Conservation and Recovery Act; the Clean Air Act; the Clean Water Act; the Toxic Substances Control Act and all state and local counterparts thereto; all applicable California requirements, including, but not limited to, Sections 25115, 25117,
25122.7, 25140, 25249.8, 25281, 25316 and 25501 of the California Health and Safety Code and Title 22 of the California code of Regulations, Division 4.5, Chapter 11, and any policies or rules promulgated thereunder as well as any County or City
ordinances that may operate independent of, or in conjunction with, the State programs, and any common or civil law obligations including, without limitation, nuisance or trespass, and any other requirements of Article 3 of this Lease. The
term “Hazardous Material” means and includes any substance, material, waste, pollutant, or contaminant that is or could be regulated under any Environmental Requirement or that may adversely affect human health or the environment,
including, without limitation, any solid or hazardous waste, hazardous substance, asbestos, petroleum (including crude oil or any fraction thereof, natural gas, synthetic gas, 

  
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polychlorinated biphenyls (PCBs), and radioactive material). For purposes of Environmental Requirements, to the extent authorized by law, Tenant is and shall be deemed to be the responsible
party, including without limitation, the “owner” and “operator” of Tenant’s “facility” and the “owner” of all Hazardous Materials brought on the Premises by Tenant, its agents, employees, contractors or
invitees, and the wastes, by-products, or residues generated, resulting, or produced therefrom. 
 33.3 Tenant, at its sole cost
and expense, shall remove all Hazardous Materials stored, disposed of or otherwise released by Tenant, its assignees, subtenants, agents, employees, contractors or invitees onto or from the Premises, in a manner and to a level satisfactory to
Landlord in its sole discretion, but in no event to a level and in a manner less than that which complies with all Environmental Requirements and does not limit any future uses of the Premises or require the recording of any deed restriction or
notice regarding the Premises. Tenant shall perform such work at any time during the Term of the Lease upon written request by Landlord or, in the absence of a specific request by Landlord, before Tenant’s right to possession of the Premises
terminates or expires. If Tenant fails to perform such work within the time period specified by Landlord or before Tenant’s right to possession terminates or expires (whichever is earlier), Landlord may at its discretion, and without waiving
any other remedy available under this Lease or at law or equity (including without limitation an action to compel Tenant to perform such work), perform such work at Tenant’s cost. Tenant shall pay all costs incurred by Landlord in performing
such work within ten (10) days after Landlord’s request therefor. Such work performed by Landlord is on behalf of Tenant and Tenant remains the owner, generator, operator, transporter, and/or arranger of the Hazardous Materials for
purposes of Environmental Requirements. Tenant agrees not to enter into any agreement with any person, including without limitation any governmental authority, regarding the removal of Hazardous Materials that have been disposed of or otherwise
released onto or from the Premises without the written approval of Landlord. 
 33.4 Tenant shall indemnify, defend, and hold
Landlord harmless from and against any and all losses (including, without limitation, diminution in value of the Premises or the Project and loss of rental income from the Project), claims, demands, actions, suits, damages (including, without
limitation, punitive damages), expenses (including, without limitation, remediation, removal, repair, corrective action, or cleanup expenses), and costs (including, without limitation, actual attorneys’ fees, consultant fees or expert fees and
including, without limitation, removal or management of any asbestos brought into the Premises or disturbed in breach of the requirements of this Article 33, regardless of whether such removal or management is required by law) which are
brought or recoverable against, or suffered or incurred by Landlord as a result of any release of Hazardous Materials at the Project by Tenant, its agents, employees, contractors, subtenants, or assignees or any breach of the requirements under this
Article 33 by Tenant, its agents, employees, contractors, subtenants, or assignees that is not cured within the applicable notice and cure periods, regardless of whether Tenant had knowledge of such noncompliance. The obligations of Tenant
under this Article 33 shall survive any termination of this Lease. 
 33.5 If any governmental agency shall require
testing or if Landlord has a good faith belief that Tenant has caused a violation of Environmental Requirements, Landlord shall have access to, and a right to perform inspections and tests of, the Premises to determine

  
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Tenant’s compliance with Environmental Requirements, its obligations under this Article 33, or the environmental condition of the Premises. Access shall be granted to Landlord upon
Landlord’s prior notice to Tenant and at such times so as to minimize, so far as may be reasonable under the circumstances, any disturbance to Tenant’s operations. Such inspections and tests shall be conducted at Landlord’s expense,
unless such inspections or tests reveal that Tenant has not complied with any Environmental Requirement, in which case Tenant shall reimburse Landlord for the reasonable cost of such inspection and tests. Landlord’s receipt of or satisfaction
with any environmental assessment in no way waives any rights that Landlord holds against Tenant. Tenant shall promptly notify Landlord of any communication or report that Tenant makes to any governmental authority regarding any possible violation
of Environmental Requirements or release or threat of release of any Hazardous Materials onto or from the Premises. Tenant shall, within five (5) days of receipt thereof, provide Landlord with a copy of any documents or correspondence received
from any governmental agency or other party relating to a possible violation of Environmental Requirements or claim or liability associated with the release or threat of release of any Hazardous Materials onto or from the Premises. 

33.6 In addition to all other rights and remedies available to Landlord under this Lease or otherwise, Landlord may, in the event of a
breach of the requirements of this Article 33 that is not cured within thirty (30) days following notice of such breach by Landlord (or if it is not possible to cure the breach within thirty (30) days, such longer period as may be
needed to cure the breach as long as Tenant has begun to cure the breach within thirty (30) days and is diligently prosecute the cure to completion), require Tenant to provide financial assurance (such as insurance, escrow of funds or third
party guarantee) in an amount and form satisfactory to Landlord. The requirements of this Article 33 are in addition to and not in lieu of any other provision in the Lease. 

33.7 Tenant shall not be liable to Landlord under this Lease with respect to any Hazardous Materials existing on the Premises or the
Project prior to the date Tenant takes possession of the Premises (the “Pre-Existing Hazardous Materials”) or any Hazardous Materials placed on the Premises or the Project by Landlord or any other person other than Tenant, Tenant’s
employees, agents, contractors, invitees, assignees, or sublessees, except to the extent that any hazard posed by such Pre-Existing Hazardous Materials of which Tenant is aware is exacerbated by, or the cost to clean up, remove or remediate such
Pre-Existing Hazardous Materials is increased as a result of, the acts, omissions negligence or willful misconduct of Tenant or any of Tenant’s employees, agents, contractors, invitees, assignees, or sublessees. 

33.8 Landlord and Tenant acknowledge and agree that Section 25359.7(a) of the California Health and Safety Code provides in part as
follows: “Any owner of nonresidential real property who knows, or has reasonable cause to believe, that any release of hazardous substance has come to be located on or beneath that real property shall, prior to the sale, lease, or rental of the
real property by that owner, give written notice of that condition to the buyer, lessee, or renter of the real property.” Landlord hereby represents and warrants to Tenant that Landlord has fully satisfied its disclosure obligation under
Section 25359.7(a) of the California Health and Safety Code. 

  
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 ARTICLE 34. 
 COMPLIANCE WITH LAWS AND OTHER REGULATIONS 
 34.1 Except as expressly set forth in
Section 1.2 of Exhibit C or elsewhere in this Lease, Tenant, as its sole cost and expense, shall promptly comply with all Applicable Laws, with the requirements of any board of fire underwriters or other similar body now or
hereafter constituted, and with any occupancy certificate issued pursuant to any law by any public officer or officers, which impose, any duty upon Landlord or Tenant, insofar as any thereof relate to or affect the condition, use, alteration, or
occupancy of the Premises. Landlord’s approval of Tenant’s plans for any improvements shall create no responsibility or liability on the part of Landlord for their completeness, design sufficiency, or compliance with all laws, rules, and
regulations of governmental agencies or authorities, including, but not limited to, the Americans with Disabilities Act. 
 34.2
Landlord shall, as part of Operating Expenses, subject to the terms and exclusions set forth in Article 5, comply with all laws, statutes, ordinances, and governmental rules, regulations, or requirements that impose any obligation with
respect to the Common Area, the structural elements of the Building or to the Building systems other than systems installed by Tenant (which shall be the sole responsibility of Tenant), but only to the extent (i) the same are applicable to
Landlord and the Building, (ii) Landlord is required by the applicable governmental authority to take such action, (iii) such action is not the result of a “Trigger Event” (as defined below), and (iv) Landlord’s failure
to comply therewith would prohibit Tenant from obtaining or maintaining a certificate of occupancy (or its legal equivalent) for the Premises, or would unreasonably and materially affect the safety of Tenant’s employees or create a significant
health hazard for Tenant’s employees or otherwise materially and adversely affect Tenant’s use or occupancy of the Premises. As used herein, the term “Trigger Event” means one or more of the following events or circumstances:

 (a) Tenant’s particular use of the Premises (other than normal office and laboratory uses); 

(b) The performance of any alterations or the installation of any Tenant systems that changes the level of occupancy or
use of the Premises from that included in the initial Tenant Improvements; or 
 (c) The breach of any of
Tenant’s obligations under this Lease. 
 34.3 As an inducement to each party to enter into this Lease, each party hereby
represents and warrants to the other party that to its knowledge: (i) it is not, nor is it owned or controlled directly or indirectly by, any person, group, entity or nation named on any list issued by the Office of Foreign Assets Control of
the United States Department of the Treasury (“OFAC”) pursuant to Executive Order 13224 or any similar list or any law, order, rule or regulation or any Executive Order of the President of the United States as a terrorist, “Specially
Designated National and Blocked Person” or other banned or blocked person (any such person, group, entity or nation being hereinafter referred to as a “Prohibited Person”); (ii) it is not (nor is it owned or controlled, directly
or indirectly, by any person, group, entity or nation which is) acting directly or indirectly for or on behalf of any Prohibited Person; and (iii) neither it (nor any 

  
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person, group, entity or nation which owns or controls it, directly or indirectly) has conducted or will conduct business or has engaged or will engage in any transaction or dealing with any
Prohibited Person, including without limitation any assignment of this Lease or any subletting of all or any portion of the Premises or the making or receiving of any contribution of funds, goods or services to or for the benefit of a Prohibited
Person. Each party covenants and agrees (a) to comply with all requirements of law relating to money laundering, anti-terrorism, trade embargos and economic sanctions, now or hereafter in effect, (b) to immediately notify the other party
in writing if any of the representations, warranties or covenants set forth in this Section 34.3 are no longer true or have been breached or if it has a reasonable basis to believe that they may no longer be true or have been breached,
(c) not to use funds from any Prohibited Person to make any payment due to the other party under the Lease and (d) at the request of the other party, to provide such information as may be requested by the other party to determine it’s
compliance with the terms hereof. Any breach of the foregoing representations and warranties shall be deemed a default under this Lease and shall be covered by the indemnity provisions of Article 21 above. The representations and warranties
contained in this subsection shall be continuing in nature and shall survive the expiration or earlier termination of this Lease. 
 ARTICLE 35. 
 SEVERABILITY 

35.1 This Lease shall be construed in accordance with the laws of the State of California. If any clause or provision of this Lease is
illegal, invalid, or unenforceable under present or future laws effective during the Term, then it is the intention of the parties hereto that the remainder of this Lease shall not be affected thereby. It is also the intention of both parties that
in lieu of each clause or provision that is illegal, or unenforceable, there is added as a part of this Lease a clause or provision as similar in terms to such illegal, invalid, or unenforceable clause or provision as may be possible and still be
legal, valid, and enforceable. 
 ARTICLE 36. 
 NOTICES 
 36.1 Whenever in this Lease it shall be required or permitted that
notice or demand be given or served by either party to this Lease to or on the other, such notice or demand shall be given or served in writing and delivered personally, or forwarded by certified or registered mail, postage prepaid, or recognized
overnight courier, addressed to Landlord’s address and Tenant’s address, as applicable, as specified in the Basic Lease Information. Either party may change its address for notice from time to time by serving written notice of the new
address as provided in this Article 36. 
 36.2 Notice hereunder shall become effective upon (a) delivery in case of
personal delivery and (b) receipt or refusal in case of certified or registered mail or delivery by overnight courier. 

  
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 ARTICLE 37. 
 OBLIGATIONS OF, SUCCESSORS, PLURALITY, GENDER 
 37.1 Landlord and Tenant agree
that all the provisions hereof are to be construed as covenants and agreements as though the words imparting such covenants were used in each paragraph hereof, and that, except as restricted by the provisions hereof, shall bind and inure to the
benefit of the parties hereto, their respective heirs, legal representatives, successors, and assigns. If the rights of Tenant hereunder are owned by two or more parties, or two or more parties are designated herein as Tenant, then all such parties
shall be jointly and severally liable for the obligations of Tenant hereunder. Whenever the singular or plural number, masculine or feminine or neuter gender is used herein, it shall equally include the other. 

ARTICLE 38. 

ENTIRE AGREEMENT 

38.1 This Lease and any attached addenda or exhibits constitute the entire agreement between Landlord and Tenant. No prior or
contemporaneous written or oral leases or representations shall be binding. This Lease shall not be amended, changed, or extended except by written instrument signed by Landlord and Tenant. 

38.2 THE SUBMISSION OF THIS LEASE BY LANDLORD, ITS AGENT OR REPRESENTATIVE FOR EXAMINATION OR EXECUTION BY TENANT DOES NOT CONSTITUTE AN
OPTION OR OFFER TO LEASE THE PREMISES UPON THE TERMS AND CONDITIONS CONTAINED HEREIN OR A RESERVATION OF THE PREMISES IN FAVOR OF TENANT, IT BEING INTENDED HEREBY THAT THIS LEASE SHALL ONLY BECOME EFFECTIVE UPON THE EXECUTION HEREOF BY LANDLORD AND
DELIVERY OF A FULLY EXECUTED LEASE TO TENANT. 
 ARTICLE 39. 

CAPTIONS 
 39.1
Paragraph captions are for Landlord’s and Tenant’s convenience only, and neither limit nor amplify the provisions of this Lease. 
 ARTICLE 40. 
 CHANGES 

40.1 Should any mortgagee require a modification of this Lease, which modification will not bring about any increased cost or expense to
Tenant or in any other way materially and adversely change the rights and obligations of Tenant hereunder, then and in such event Tenant agrees that this Lease may be so modified and agrees to execute whatever documents which are reasonably required
therefor and are in form and substance reasonably acceptable to Tenant, and to deliver the same to Landlord within ten (10) business days following a request therefor. 

  
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 ARTICLE 41. 
 AUTHORITY 
 41.1 All rights and remedies of Landlord under this Lease, or those
which may be provided by law, may be exercised by Landlord in its own name individually, or in its name by its agent, and all legal proceedings for the enforcement of any such rights or remedies, including distress for Rent, unlawful detainer, and
any other legal or equitable proceedings may be commenced and prosecuted to final judgment and be executed by Landlord in its own name individually or in its name by its agent. Landlord and Tenant each represent to the other that each has full power
and authority to execute this Lease and to make and perform the agreements herein contained, and Tenant expressly stipulates that any rights or remedies available to Landlord, either by the provisions of this Lease or otherwise, may be
enforced by Landlord in its own name individually or in its name by its agent or principal. 
 ARTICLE 42. 

BROKERAGE 
 42.1
Tenant and Landlord each represents and warrants to the other that it has dealt only with Tenant’s Broker and Landlord’s Broker, in negotiation of this Lease. Landlord shall make payment of the brokerage fee due the Landlord’s Broker
pursuant to and in accordance with a separate agreement between Landlord and Landlord’s Broker. Landlord’s Broker shall pay a portion of its commission to Tenant’s Broker pursuant to a separate agreement between Landlord’s Broker
and Tenant’s Broker. Except for amounts owing to Landlord’s Broker and Tenant’s Broker, each party hereby agrees to indemnify and hold the other party harmless of and from any and all damages, losses, costs, or expenses (including,
without limitation, all attorneys’ fees and disbursements) by reason of any claim of or liability to any other broker or other person claiming through the indemnifying party and arising out of or in connection with the negotiation, execution,
and delivery of this Lease. Additionally, except as may be otherwise expressly agreed upon by Landlord in writing, Tenant acknowledges and agrees that Landlord and/or Landlord’s agent shall have no obligation for payment of any brokerage fee or
similar compensation to any person with whom Tenant has dealt or may in the future deal with respect to leasing of any additional or expansion space in the Building or renewals or extensions of this Lease. 

ARTICLE 43. 

EXHIBITS 
 43.1
Exhibits A through I are attached hereto and incorporated herein for all purposes and are hereby acknowledged by both parties to this Lease. 
 ARTICLE 44. 
 APPURTENANCES 

44.1 The Premises include the right of ingress and egress thereto and therefrom; however, Landlord reserves the right to make changes and
alterations to the Building, fixtures and equipment thereof, in the street entrances, doors, halls, corridors, lobbies, passages, elevators, escalators, stairways, toilets and other parts thereof which Landlord may deem

  
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necessary or desirable; provided that Tenant at all times has a reasonably convenient means of access to the Premises (subject to a temporary interruption due to Force Majeure Events or necessary
maintenance that cannot reasonably be performed without such interruption of access; provided that the interruption due to necessary maintenance for reasons other than an emergency shall not exceed four (4) hours during the period from 7:00
a.m. to 6:00 p.m. on weekdays that are not holidays). Use by Tenant of the Building or any passage, door, tunnel, concourse, plaza or any other area connecting the garages or other buildings with the Building, shall not give Tenant any right or
easement of such use; provided that the foregoing shall not limit the Tenant’s rights to use the Common Areas as provided in Section 1.3, which shall terminate upon termination of this Lease. In exercising its rights under this
Section 44.1, Landlord shall make commercially reasonable efforts to minimize the disruption to Tenant’s business operations during standard business hours. 
 ARTICLE 45. 
 PREJUDGMENT REMEDY, REDEMPTION, COUNTERCLAIM, AND JURY 

45.1 Tenant, for itself and for all persons claiming through or under it, hereby expressly waives any and all rights which are, or in the
future may be, conferred upon Tenant by any present or future law to redeem the Premises, or to any new trial in any action for ejection under any provisions of law, after reentry thereupon, or upon any part thereof, by Landlord, or after any
warrant to dispossess or judgment in ejection. If Landlord shall acquire possession of the Premises by summary proceedings, or in any other lawful manner without judicial proceedings, it shall be deemed a reentry within the meaning of that word as
used in this Lease. In the event that Landlord commences any summary proceedings or action for nonpayment of Rent or other charges provided for in this Lease, Tenant shall not interpose any counterclaim of any nature or description in any such
proceeding or action (except a mandatory or compulsory counterclaim that Tenant would forfeit if not so interposed). Tenant and Landlord both waive a trial by jury of any or all issues arising in any action or proceeding between the parties hereto
or their successors, under or connected with this Lease, or any of its provisions. 
 ARTICLE 46. 

RECORDING 
 46.1
Tenant shall not record this Lease but will, at the request of Landlord, execute a memorandum or notice thereof in recordable form satisfactory to both Landlord and Tenant specifying the date of commencement and expiration of the Term of this Lease
and other information required by statute. Either Landlord or Tenant may then record said memorandum or notice of lease at the cost of the recording party. 
 ARTICLE 47. 
 MORTGAGEE PROTECTION 

47.1 Tenant agrees to give any mortgagees and/or trust deed holders, by registered mail, a copy of any notice of default served upon
Landlord, provided that prior to such notice Tenant has been notified, in writing of the address of such mortgagees and/or trust deed holders. Tenant further agrees that if Landlord shall have failed to cure such default within the time provided for
in this Lease, then the mortgagees and/or trust deed holders shall have an 

  
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additional thirty (30) days within which to cure such default or if such default cannot be cured within that time, then such additional time as may be necessary to cure such default
(including but not limited to commencement of foreclosure proceedings, if necessary to effect such cure) in which event this Lease shall not be terminated while such remedies are being so diligently pursued. In the event of any inconsistency between
this Article 47 and the provisions of a subordination, nondisturbance and attornment agreement between Tenant and the mortgagee or beneficiary, the terms of that subordination, non disturbance and attornment agreement shall control as between
Tenant and that mortgagee or beneficiary. 
 ARTICLE 48. 
 OTHER LANDLORD CONSTRUCTION 
 48.1 It is specifically understood and agreed that
Landlord has no obligation and has made no promises to alter, remodel, improve, renovate, repair or decorate the Premises, the Building, or any part thereof and that no representations respecting the condition of the Premises or the Building have
been made by Landlord to Tenant except as specifically set forth herein or in the Tenant Work Letter. However, Tenant hereby acknowledges that Landlord is currently renovating or may during the Lease Term renovate, improve, alter, or modify
(collectively, the “Renovations”) the Project, the Building and/or the Premises. Tenant hereby agrees that such Renovations shall in no way constitute a constructive eviction of Tenant nor entitle Tenant to any abatement of Rent. Landlord
shall have no responsibility and shall not be liable to Tenant for any injury to or interference with Tenant’s business arising from the Renovations, nor shall Tenant be entitled to any compensation or damages from Landlord for loss of the use
of the whole or any part of the Premises or of Tenant’s personal property or improvements resulting from the Renovations, or for any inconvenience or annoyance occasioned by such Renovations; provided that (subject to Section 13.4)
nothing in this sentence shall limit Landlord’s liability for injuries to natural persons or damage to property to the extent caused by the negligence or willful misconduct of Landlord. 

48.2 In exercising its rights under this Article 48, Landlord shall make commercially reasonable efforts to minimize the
disruption to Tenant’s business operations during standard business hours. 
 ARTICLE 49. 

PARKING 
 49.1
The use by Tenant, its employees and invitees, of the parking facilities of the Project shall be on the terms and conditions set forth in Exhibit E attached hereto and by this reference incorporated herein and shall be subject to such other
agreement between Landlord and Tenant as may hereinafter be established and to such other reasonable rules and regulations as Landlord may establish. Tenant, its employees and invitees shall use no more than the Maximum Parking Allocation.
Tenant’s use of the parking spaces shall be confined to the Project. Tenant’s parking spaces shall always be located in the parking structure commonly known as 4559 Great America Parkway or the other parking structure on the Project during
times that the parking structure commonly known as 4599 Great America Parkway is not available for use by Tenant or its employees or invitees because of maintenance, repair, or renovation work. Tenant agrees that it shall have no rights to any
parking in any parking structure in the Project 

  
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other than the parking structure known as 4559 Great America Parkway. Tenant acknowledges that other tenants of the Project and the tenants of the other buildings, their employees and invitees,
may be given the right to park at the Project. 
 ARTICLE 50. 

ELECTRICAL CAPACITY 
 Tenant
covenants and agrees that at all times, its use of electric energy shall never exceed the capacity of the existing feeders to the Building or the risers of wiring installation. Any riser or risers to supply Tenant’s electrical requirements upon
written request of Tenant shall be installed by Landlord at the sole cost and expense of Tenant, if, in Landlord’s sole judgment, the same are necessary and will not cause or create a dangerous or hazardous condition or entail excess or
unreasonable alterations, repairs or expense or interfere with or disrupt other tenants or occupants. In addition to the installation of such riser or risers, Landlord will also, at the sole cost and expense of Tenant, install all other equipment
proper and necessary in connection therewith subject to the aforesaid terms and conditions. 
 ARTICLE 51. 

OPTION TO EXTEND LEASE 
 51.1 Extension Option. Tenant shall have the option to extend this Lease (the “Extension Option”) for one additional term of five (5) years (the “Extension Period”), upon
the terms and conditions hereinafter set forth: 
 (a) If the Extension Option is exercised, then the Base Rent per annum for
such Extension Period (the “Option Rent”) shall be an amount equal to the Fair Market Rental Value (as defined hereinafter) for the Premises as of the commencement of the Extension Option for such Extension Period; provided, however, that
the Option Rent shall in no event be less than the Base Rent scheduled to be paid during the year immediately prior to the commencement of the Extension Period. 
 (b) The Extension Option must be exercised by Tenant, if at all, only at the time and in the manner provided in this Section 51.1(b). 

(i) If Tenant wishes to exercise the Extension Option, Tenant must, on or before the date occurring nine (9) months before the
expiration of the initial Lease Term (but not before the date that is twelve (12) months before the expiration of the Initial Lease Term), exercise the Extension Option by delivering written notice (the “Exercise Notice”) to Landlord.
If Tenant timely and properly exercises its Extension Option, the Lease Term shall be extended for the Extension Period upon all of the terms and conditions set forth in the Lease, as amended, except that the Base Rent for the Extension Period shall
be as provided in Section 51.1(a) and Tenant shall have no further options to extend the Lease Term. 
 (ii) If
Tenant fails to deliver a timely Exercise Notice, Tenant shall be considered to have elected not to exercise the Extension Option. 
 (c) It is understood and agreed that the Extension Option hereby granted is personal to Tenant and is not transferable except to Permitted Transferee in connection

  
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with an assignment of Tenant’s entire interest in this Lease. In the event of any assignment or subletting of the Premises or any part thereof (other than to a Permitted Transferee), the
Extension Option shall automatically terminate and shall thereafter be null and void. 
 (d) Tenant’s exercise of the
Extension Option shall, if Landlord so elects in its absolute discretion, be ineffective in the event that an Event of Default by Tenant remains uncured at the time of delivery of the Exercise Notice or at the commencement of the Extension Period.

 51.2 Fair Market Rental Value. The provisions of this Section shall apply in any instance in which this Lease provides
that the Fair Market Rental Value is to apply. 
 (a) “Fair Market Rental Value” means the annual amount per square
foot that a willing tenant would pay and a willing landlord would accept in arm’s length negotiations, without any additional inducements, for a lease of the applicable space on the applicable terms and conditions for the applicable period of
time. Fair Market Rental Value shall be determined by Landlord considering the most recent new direct leases (and market renewals and extensions, if applicable) in the Building and in other Comparable Buildings in the Market Area. 

(b) In determining the rental rate of comparable space, the parties shall include all escalations and take into consideration the
following concessions: 
 (i) Rental abatement concessions, if any, being granted to tenants in connection with the comparable
space; 
 (ii) Tenant improvements or allowances provided or to be provided for the comparable space, taking into account the
value of the existing improvements in the Premises, based on the age, quality, and layout of the improvements. 
 (c) If in
determining the Fair Market Rental Value the parties determine that the economic terms of leases of comparable space include a tenant improvement allowance, Landlord may, at Landlord’s sole option, elect to do the following: 

(i) Grant some or all of the value of the tenant improvement allowance as an allowance for the refurbishment of the Premises; and

 (ii) Reduce the Base Rent component of the Fair Market Rental Value to be an effective rental rate that takes into
consideration the total dollar value of that portion of the tenant improvement allowance that Landlord has elected not to grant to Tenant (in which case that portion of the tenant improvement allowance evidenced in the effective rental rate shall
not be granted to Tenant). 
 51.3 Determination of Fair Market Rental Value. The determination of Fair Market Rental
Value shall be as provided in this Section 51.3. 
 (a) Negotiated Agreement. Landlord and Tenant shall
diligently attempt in good faith to agree on the Fair Market Rental Value on or before the date (the 

  
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“Outside Agreement Date”) that is six (6) months prior to the expiration of the initial Lease Term. 
 (b) Parties’ Separate Determinations. If Landlord and Tenant fail to reach agreement on or before the Outside Agreement Date, Landlord and Tenant shall each make a separate determination of
the Fair Market Rental Value and notify the other party of this determination within five (5) days after the Outside Agreement Date. 
 (i) Two Determinations. If each party makes a timely determination of the Fair Market Rental Value, those determinations shall be submitted to arbitration in accordance with subsection (c).

 (ii) One Determination. If Landlord or Tenant fails to make a determination of the Fair Market Rental Value within
the five (5) day period, that failure shall be conclusively considered to be that party’s approval of the Fair Market Rental Value submitted within the five (5) day period by the other party. 

(c) Arbitration. If both parties make timely individual determinations of the Fair Market Rental Value under subsection (b), the
Fair Market Rental Value shall be determined by arbitration under this subsection (c). 
 (i) Scope of Arbitration. The
determination of the arbitrators shall be limited to the sole issue of whether Landlord’s or Tenant’s submitted Fair Market Rental Value is the closest to the actual Fair Market Rental Value as determined by the arbitrators, taking into
account the requirements of Section 51.2. 
 (ii) Qualifications of Arbitrator(s). The arbitrators must be
licensed real estate brokers with at least 10 years of experience who have been active in the leasing of commercial multi-story properties in the Market Area over the five-year period ending on the date of their appointment as arbitrator(s).

 (iii) Parties’ Appointment of Arbitrators. Within fifteen (15) days after the Outside Agreement Date,
Landlord and Tenant shall each appoint one arbitrator and notify the other party of the arbitrator’s name and business address. 
 (iv) Appointment of Third Arbitrator. If each party timely appoints an arbitrator, the two (2) arbitrators shall, within ten (10) days after the appointment of the second arbitrator,
agree on and appoint a third arbitrator (who shall be qualified under the same criteria set forth above for qualification of the initial two (2) arbitrators) and provide notice to Landlord and Tenant of the arbitrator’s name and business
address. 
 (v) Arbitrators’ Decision. Within thirty (30) days after the appointment of the third arbitrator,
the three (3) arbitrators shall decide, using standard reasonable industry comparison tools, whether the parties will use Landlord’s or Tenant’s submitted Fair Market Rental Value and shall notify Landlord and Tenant of their
decision. The decision of the majority the three (3) arbitrators shall be binding on Landlord and Tenant. 

  
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 (vi) If Only One Arbitrator is Appointed. If either Landlord or Tenant fails to
appoint an arbitrator within fifteen (15) days after the Outside Agreement Date, the arbitrator timely appointed by one of them shall reach a decision and notify Landlord and Tenant of that decision within thirty (30) days after the
arbitrator’s appointment. The arbitrator’s decision shall be binding on Landlord and Tenant. 
 (vii) If Only Two
Arbitrators Are Appointed. If each party appoints an arbitrator in a timely manner, but the two (2) arbitrators fail to agree on and appoint a third arbitrator within the required period, the arbitrators shall be dismissed without delay and
the issue of Fair Market Rental Value shall be submitted to binding arbitration under the real estate arbitration rules of JAMS, subject to the provisions of this section. 
 (viii) If No Arbitrator Is Appointed. If Landlord and Tenant each fail to appoint an arbitrator in a timely manner, the matter to be decided shall be submitted without delay to binding arbitration
under the real estate arbitration rules of JAMS subject the provisions of this Section 51.3(c). 
 51.4 Cost of
Arbitration. The cost of the arbitration shall be paid by the losing party. 
 ARTICLE 52. 

TELECOMMUNICATIONS LINES AND EQUIPMENT 
 52.1 Location of Tenant’s Equipment and Landlord Consent: 
 52.1.1 Tenant
may install, maintain, replace, remove and use communications or computer wires, cables and related devices (collectively, the “Lines”) within the Premises without Landlord’s consent; provided that any Lines installed without
Landlord’s consent must be removed at the expiration or earlier termination of the Lease. Tenant may install, maintain, replace, remove and use Lines outside of the Premises only with Landlord’s prior written consent, which consent may not
be unreasonably withheld, conditioned or delayed. Tenant shall locate all electronic telecommunications equipment within the Premises and shall coordinate the location of all Lines not located within the Premises with Landlord. Any request for
consent shall contain such information as Landlord may request. 
 52.1.2 Landlord’s approval of, or requirements
concerning, the Lines or any equipment related thereto, the plans, specifications or designs related thereto, the contractor or subcontractor, or the work performed hereunder, shall not be deemed a warranty as to the adequacy or appropriateness
thereof, and Landlord hereby disclaims any responsibility or liability for the same. 
 52.1.3 If Landlord consents to
Tenant’s proposal, Tenant shall pay all of Tenant’s and Landlord’s third party costs in connection therewith (including without limitation all costs related to new Lines) and shall use, maintain and operate the Lines and related
equipment in accordance with and subject to all laws governing the Lines and equipment and at Tenant’s sole risk and expense. Tenant shall comply with all of the requirements of this Lease concerning alterations in connection with installing
the Lines. As soon as the work is completed, Tenant shall submit as-built drawings to Landlord. 

  
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 52.1.4 Landlord reserves the right to require that Tenant remove any Lines located in or
serving the Premises which are installed by or for Tenant in violation of these provisions, or which are at any time in violation of any laws or present a dangerous or potentially dangerous condition (whether such Lines were installed by Tenant or
any other party), within three (3) days after written notice. 
 52.2 Reallocation of Line Space. Landlord may (but
shall not have the obligation to) (a) install and relocate Lines at the Building outside of the Premises or in any Building riser; and (b) monitor and control the installation, maintenance, replacement and removal of, the allocation and
periodic re-allocation of available space (if any) for, and the allocation of excess capacity (if any) on, any Lines now or hereafter installed at the Building by Landlord outside of the Premises or in any Building riser, by Tenant or any other
party. 
 52.3 Line Problems. Except to the extent arising from the gross negligence or willful misconduct of Landlord or
Landlord’s contractors, agents or employees, Landlord shall have no liability for damages arising from, and Landlord does not warrant that the Tenant’s use of any Lines will be free from the following (collectively called “Line
Problems”): (a) any shortages, failures, variations, interruptions, disconnections, loss or damage caused by the installation, maintenance, or replacement, use or removal of Lines by or for other tenants or occupants in the Building, by
any failure of the environmental conditions or the power supply for the Building to conform to any requirement of the Lines or any associated equipment, or any other problems associated with any Lines by any other cause; (b) any failure of any
Lines to satisfy Tenant’s requirements; or (c) any eavesdropping or wiretapping by unauthorized parties. Landlord in no event shall be liable for damages by reason of loss of profits, business interruption or other consequential damage
arising from any Line Problems. 
 52.4 Electromagnetic Fields. If Tenant at any time uses any equipment that may create
an electromagnetic field and/or radio frequency exceeding the normal insulation ratings of ordinary twisted pair riser cable or cause radiation higher than normal background radiation, Landlord reserves the right to require Tenant to appropriately
insulate that equipment and the Lines therefor (including without limitation riser cables), and take such other remedial action at Tenant’s sole cost and expense as Lender may require in its sole discretion to prevent such excessive
electromagnetic fields, radio frequency or radiation. 
 52.5 Removal of Electrical and Telecommunications Wires.

 52.5.1 Within thirty (30) days before the expiration of this Lease or thirty (30) days after the earlier
termination of the Lease, as applicable, Landlord may elect by written notice to Tenant to: 
 (a) Retain any or
all Lines installed by Tenant in the risers of the Building; or 
 (b) Require Tenant to remove any or all such
Lines and restore the Premises and risers to their condition existing prior to the installation of the Lines (“Wire Restoration Work”). 

  
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 52.5.2 In the event Landlord elects to retain the Lines, Tenant covenants that Tenant shall
have good right to surrender such Lines, free of all liens and encumbrances, and that all Lines shall be left in their then existing condition, reasonable wear and tear excepted, properly labeled at each end and in each telecommunications/electrical
closet and junction box, and in safe condition. 
 52.5.3 In the event Tenant fails or refuses to perform the Wire Restoration
Work, Landlord may perform the Wire Restoration Work at Tenant’s sole cost and expense. In the event Tenant fails or refuses to pay all costs of the Wire Restoration Work within ten (10) days of Tenant’s receipt of Landlord’s
notice requesting Tenant’s reimbursement for or payment of such costs, Landlord may apply all or any portion of Tenant’s Security Deposit toward the payment of such unpaid costs relative to the Wire Restoration Work. The retention or
application of such Security Deposit by Landlord pursuant to this clause does not constitute a limitation on or waiver of Landlord’s right to seek further remedy under law or equity. The provisions of this clause shall survive the expiration or
sooner termination of the Lease. 
 ARTICLE 53. 
 ERISA 
 53.1 To satisfy compliance with the Employee Retirement Income Security
Act of 1974, as amended, Tenant represents and warrants to Landlord, that: 
 (a) Tenant is not an “employee
benefit plan” (as that term is defined in Section 3(3) of ERISA); and 
 (b) Tenant is not acquiring
the Property as a plan asset subject to ERISA but for Tenant’s own investment account; and 
 (c) Tenant is
not an “affiliate” of Landlord as defined in Section IV(b) or PTE 90-1; 
 (d) Tenant is not a
“party in interest” (as that term is defined in Section 3(14) of ERISA) to the Virginia Retirement System; and 
 (e) Tenant agrees to keep the identity of the Virginia Retirement System confidential, except to the extent that Tenant may be required to disclose such information as a result of (i) legal process,
or (ii) compliance with ERISA or other Laws governing Tenant’s operations. 
 ARTICLE 54. 

TENANT’S ROOFTOP RIGHTS 
 54.1 Right to Install and Maintain Rooftop Equipment. During the Lease Term and subject to the terms of this Article 54, Tenant may install on the roof of the Building telecommunications
antennae, microwave dishes or other communication equipment, as necessary for the operation of Tenant’s business within the Premises, including any cabling or wiring necessary to connect this rooftop equipment to the Premises (collectively, the
“Rooftop Equipment”). If Tenant wishes to install any Rooftop Equipment, Tenant shall first notify 

  
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Landlord in writing, which notice shall fully describe the Rooftop Equipment, including, without limitation, its purpose, weight, size and desired location on the roof of the Building and its intended method of connection to the Premises. All of
Tenant’s Rooftop Equipment must be located within a total aggregate area not to exceed 16 square feet, at a single location reasonably approved by Landlord prior to any installation. Without limiting the foregoing, Landlord hereby consents to
the installation of Rooftop Equipment consisting of fifteen (15) GPS antennae, each having a diameter of approximately 6” (the “Initial Rooftop Equipment”). Landlord also reserves the right to restrict the number and size of
dishes, antennae and other Rooftop Equipment in addition to the Initial Rooftop Equipment installed on the roof of the Building in its sole discretion. 
 54.2 Additional Charges for Rooftop Equipment. Tenant will be solely responsible, at Tenant’s sole expense, for the installation, maintenance, repair and removal of the Rooftop Equipment, and
Tenant shall at all times maintain the Rooftop Equipment in good condition and repair. Landlord agrees that the named Tenant hereunder shall not pay any rental charge for Tenant’s use of the rooftop pursuant to the terms of this Article
54 for the Initial Rooftop Equipment, provided, however, if any successor to the named Tenant wishes to utilize rooftop space or if Tenant seeks to use rooftop space for Rooftop Equipment in addition to the Initial Rooftop Equipment, Landlord
reserves the right to impose a charge for such use, which shall be consistent with market rates. 
 54.3 Conditions of
Installation. The installation of the Rooftop Equipment shall constitute an alteration and shall be performed in accordance with and subject to the provisions of Article 15 of this Lease. Tenant shall comply with all applicable laws,
rules and regulations relating to the installation, maintenance and operation of Rooftop Equipment at the Building (including, without limitation, all construction rules and regulations) and will pay all costs and expenses relating to such Rooftop
Equipment, including the cost of obtaining and maintaining any necessary permits or approvals for the installation, operation and maintenance thereof in compliance with applicable laws, rules and regulations. The installation, operation and
maintenance of the Rooftop Equipment at the Building shall not adversely affect the structure or operating systems of the Building or the business operations of any other tenant or occupant at the Building. All of the provisions of this Lease
respecting Tenant’s obligations hereunder shall apply to the installation, use and maintenance of the Rooftop Equipment, including without limitation provisions relating to compliance with requirements as to insurance (with respect to the
Rooftop Equipment only), indemnity, repairs and maintenance of the Rooftop Equipment. Tenant may install cabling and wiring through the Building interior conduits, risers, and pathways of the Building in accordance with Article 52 in order to
connect Rooftop Equipment with the Premises. 
 54.4 Non-Exclusive Right. Tenant’s right to install and maintain
Rooftop Equipment is non-exclusive and is subject to termination or revocation as set forth herein, including pursuant to Section 22.2(b) of this Lease. Landlord shall be entitled to all revenue from use of the roof other than revenue
from the Rooftop Equipment installed by Tenant. Subject to the terms set forth below in this Section 54.4, Landlord at its election may require the relocation, reconfiguration or removal of the Rooftop Equipment, if in Landlord’s
reasonable judgment the Rooftop Equipment is interfering with the use of the rooftop for the helipad or other Building operations or the business operations of other tenants or occupants of the

  
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Building, causing damage to the Building or if Tenant otherwise fails to comply with the terms of this Article 54 and does not cure that failure within the applicable notice and cure
periods. If relocation or reconfiguration becomes necessary due to interference difficulties, Landlord and Tenant will reasonably cooperate in good faith to agree upon an alternative location or configuration that will permit the operation of the
Rooftop Equipment for Tenant’s business at the Premises without interfering with other operations at the Building or communications uses of other tenants or occupants. If removal is required due to any breach or default by Tenant under the
terms of this Article 54 beyond all applicable notice and cure periods, Tenant shall remove the Rooftop Equipment upon thirty (30) days’ written notice from Landlord. Any relocation, removal or reconfiguration of the Rooftop
Equipment as provided above shall be at Tenant’s sole cost and expense. In addition to the other rights of relocation and removal as set forth herein, Landlord reserves the right to require relocation of Tenant’s Rooftop Equipment at any
time at its election at Landlord’s cost (but not more frequently than once per year) so long as Tenant is able to continue operating its Rooftop Equipment in substantially the same manner as it was operated prior to its relocation. In
connection with any relocation of Tenant’s Rooftop Equipment at the request of or required by Landlord (other than in the case of an Event of Default by Tenant hereunder), Landlord shall provide Tenant with at least thirty (30) days’
prior written notice of the required relocation and will conduct the relocation in a commercially reasonable manner and in such a way that will, to the extent reasonably possible, prevent interference with the normal operation of Tenant’s
Rooftop Equipment. In connection with any relocation, Landlord further agrees to work with Tenant in good faith to relocate Tenant’s Rooftop Equipment to a location that will permit its normal operation for Tenant’s business operations.
Landlord acknowledges that relocation of Tenant’s Rooftop Equipment may be disruptive to Tenant’s business and, without limiting its rights to require such removal, confirms that it will not exercise its rights hereunder in a bad faith
manner or for the purpose of harassing or causing a hardship to Tenant. 
 54.5 Costs and Expenses. If Tenant fails to
comply with the terms of this Article 54 within thirty (30) days following written notice by Landlord (or such longer period as may be reasonably required to comply so long as Tenant is diligently attempting to comply), Landlord may take
such action as may be necessary to comply with these requirements. In such event, Tenant agrees to reimburse Landlord for all costs incurred by Landlord to effect any such maintenance, removal or other compliance subject to the terms of this
Article 54, including interest on all such amounts incurred at the Agreed Rate, accruing from the date which is ten (10) days after the date of Landlord’s demand until the date paid in full by Tenant, with all such amounts being
Additional Rent under this Lease. 
 54.6 Removal. At the expiration or earlier termination of the Lease, Tenant may and,
upon request by Landlord, shall remove all of the Rooftop Equipment, including any wiring or cabling relating thereto, at Tenant’s sole cost and expense and will repair at Tenant’s cost any damage resulting from such removal. If Landlord
does not require such removal, any Rooftop Equipment remaining at the Building after the expiration or earlier termination of this Lease which is not removed by Tenant shall be deemed abandoned and shall become the property of Landlord. 

54.7 Roof Access; Rules and Regulations. Subject to compliance with the construction rules for the Building and Landlord’s
reasonable and nondiscriminatory rules and regulations regarding access to the roof and, upon receipt of Landlord’s prior written consent to 

  
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such activity (which shall not be unreasonably withheld, conditioned or delayed), Tenant and its representatives shall have access to and the right to go upon the roof of the Building to exercise
its rights and perform its obligations under this Article 54; provided that advance notice to Landlord is required, a Building engineer must accompany all persons gaining access to the rooftop, and Tenant shall pay Landlord within thirty
(30) days after receipt of an invoice for any overtime labor costs attributable to that Building Engineer accompanying persons gaining access to the rooftop. Tenant may install Rooftop Equipment at the Building only in connection with its
business operations at the Premises, and may not lease or license any rights or equipment to third parties or allow the use of any rooftop equipment by any party other than Tenant. Tenant acknowledges that Landlord has made no representation or
warranty as to Tenant’s ability to operate Rooftop Equipment at the Building and Tenant acknowledges that helicopters, other equipment installations and other structures and activities at or around the Building may result in interference with
Tenant’s Rooftop Equipment. If, in the reasonable judgment of Tenant, the rooftop equipment of another tenant or occupant of the Building installed after the Rooftop Equipment is installed is interfering with Tenant’s use of the Rooftop
Equipment, then Landlord shall require the other tenant or occupant to relocate or reconfigure its rooftop equipment to an alternative location or configuration that will permit the operation of the then existing Rooftop Equipment for Tenant’s
business at the Premises. Otherwise, Landlord shall have no obligation to prevent, minimize or in any way limit or control any existing or future interference with Tenant’s Rooftop Equipment. 

ARTICLE 55. 

TENANT’S RIGHT OF FIRST REFUSAL 
 55.1 Landlord hereby grants to Original Tenant or a Permitted Transferee the right of first refusal (the “First Refusal Right”) with respect to any portion of the sixth (6th) floor of the
Building (the “First Refusal Space”). Tenant’s right of first refusal shall be on the terms and conditions set forth in this Article 55. 
 55.2 If at any time, Landlord receives a good faith written offer (the “Good Faith Offer”) to lease any portion of the First Refusal Space which Landlord desires to accept, Landlord shall
deliver to Tenant a written notice (the “First Refusal Notice”) setting forth the terms of such Good Faith Offer and providing Tenant with the right to exercise its First Refusal Right as set forth herein. The First Refusal Notice shall
describe the space so offered to Tenant and shall set forth the “First Refusal Rent,” as that term is defined in Section 55.4 below, and the other economic terms upon which Landlord is willing to lease such space to Tenant
(collectively, the “Economic Terms”), which Economic Terms shall be consistent with the terms of the Good Faith Offer and the date that the First Refusal Space will be available for Tenant to occupy. 

55.3 If Tenant wishes to exercise its First Refusal Right, then within five (5) business days of delivery of the First Refusal
Notice to Tenant (the “Exercise Period”), Tenant shall deliver notice to Landlord of Tenant’s exercise of its First Refusal Right with respect to all of the space described in the First Refusal Notice on the terms contained in such
First Refusal Notice. If Tenant does not notify Landlord prior to the expiration of the Exercise Period, then Landlord shall be free to lease the First Refusal Space described in the First Refusal Notice to the party making the Good Faith Offer (or
an affiliate thereof); provided, however, that (A) in the event Landlord fails to lease such First Refusal Space to that third party within one hundred and 

  
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eighty (180) days following the expiration of the Exercise Period, Landlord shall again be obligated to deliver a First Refusal Notice to Tenant, and Tenant shall again have the right to
lease the First Refusal Space, in accordance with the terms of this Section 55.3, and (B) if the net present value of the Economic Terms of Landlord’s proposed lease to such third party are more than five percent (5%) more
favorable to the third party (determined using an eight percent (8%) discount rate) than the net present value of the Economic Terms proposed by Landlord in the First Refusal Notice (determined using an eight percent (8%) discount rate),
then before entering into such third party lease Landlord shall notify Tenant of the more favorable Economic Terms and Tenant shall have the right to lease the First Refusal Space described in the First Refusal Notice upon the more favorable
Economic Terms by delivering written notice thereof to Landlord within five (5) business days after Tenant’s receipt of Landlord’s notice. If Landlord leases the First Refusal Space described in the First Refusal Notice as permitted
under this Article 55, then Tenant shall have no further rights to such space under this Article 55. 
 55.4 The
Rent payable by Tenant for the First Refusal Space (the “First Refusal Rent”) shall be equal to the Economic Terms set forth in the First Refusal Notice. 
 55.5 Unless otherwise set forth in the Good Faith Offer, Tenant shall take the First Refusal Space in its “as is” condition, and the construction of improvements in the First Refusal Space shall
be performed by Tenant and shall comply with the terms of Article 15 of this Lease. 
 55.6 If Tenant timely exercises
Tenant’s right to lease the First Refusal Space as set forth herein, Landlord and Tenant shall endeavor to execute within fifteen (15) days thereafter an amendment to this Lease for such First Refusal Space upon the terms and conditions as
set forth in the First Refusal Notice and this Article 55. The term of the First Refusal Space shall commence upon the date of delivery of the First Refusal Space to Tenant (the “First Refusal Commencement Date”), and terminate on
the date set forth in the First Refusal Notice (the “First Refusal Term”), subject to the Economic Terms agreed upon for the lease of the First Refusal Space. 
 55.7 The rights contained in this Article 55 shall be personal to the Original Tenant and its Permitted Transferees and may only be exercised by the Original Tenant or its Permitted Transferees
(and not any other assignee or any sublessee or other transferee of the Original Tenant’s interest in this Lease). Tenant shall not have the right to lease First Refusal Space, as provided in this Article 55, if, as of the date of the
attempted exercise of any First Refusal Right by Tenant, or, at Landlord’s option, as of the scheduled date of delivery of such First Refusal Space to Tenant, an uncured Event of Default by Tenant exists under this Lease. 

55.8 Notwithstanding anything of the contrary in this Article 55, Landlord shall not be obligated to give Tenant a First Refusal
Notice with respect to any exercise by another tenant in the Building of any right to lease the First Refusal Space contained in any lease entered into prior to the date of this Lease. 

  
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 ARTICLE 56. 
 TENANT’S RIGHT TO TERMINATE LEASE ON PAYMENT OF FEE 

56.1 Exercise of Termination Right. At any time before the first day of the 34th full month after the
Commencement Date, Tenant shall have the option, on notice to Landlord (the “Termination Notice”), to terminate this Lease with respect to the entire Premises. The termination shall be effective as of the first day of the 40th month after the Commencement Date (the “Lease Termination
Date”). If Tenant gives the Termination Notice, Tenant shall pay Landlord an amount equal to fifty percent (50%) of the Lease Termination Fee, as defined in this Article 56, no later than the date upon which Tenant delivers the
Termination Notice and the remaining fifty percent (50%) of the Lease Termination Fee no later than the Lease Termination Date. 
 56.2 Lease Termination Fee. After receiving the Termination Notice from Tenant, Landlord shall notify Tenant of the amount of the Lease Termination Fee. The Lease Termination Fee shall be equal to
the sum of: 
 (a) An amount equal to 23/63rds of the Lease Concessions (as defined below); 

(b) an amount equal to Base Rent and estimated Tenant’s Share of Operating Expenses and Taxes for the six
(6) month period after the Lease Termination Date; 
 (c) If Tenant has leased any First Refusal Space (the
“Expansion Space”), an amount equal to (i) the Expansion Concessions (as defined below), multiplied by (ii) a fraction, the numerator of which is the number of months remaining in the First Refusal Term after the Lease
Termination Date, and the denominator of which is the number of months in the First Refusal Term; and 
 (d) If
Tenant has leased any Expansion Space and the First Refusal Term has not commenced, the “Expansion Space Expenditures,” as defined in Section 56.5, if applicable. 

56.3 Lease Concessions. For purposes of this Article 56, “Lease Concessions” shall be equal to the sum of:

 (a) The amount of the Tenant Improvement Allowance and any other improvement allowance paid by Landlord in
connection with Landlord’s delivery of the Premises to Tenant; 
 (b) The amount of the real estate
commissions paid to the Brokers in connection with the consummation of the lease by Tenant of the Premises; 
 56.4 Expansion
Concessions. For purposes of this Article 56, “Expansion Concessions” shall be equal to the sum of: 

  
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 (a) The amount of any improvement allowance paid by Landlord, in connection
with Tenant’s lease of the Expansion Space; and 
 (b) The amount of the real estate commissions paid in
connection with the consummation of the lease by Tenant of the Expansion Space. 
 56.5 Effect of Early Termination on
Expansion and Extension Rights. On delivery of the Termination Notice by Tenant to Landlord: 
 (a)
Tenant’s right to exercise its option to lease the Expansion Space (if not previously leased and occupied by Tenant) or extend the Lease Term for the Extension Period shall automatically terminate; and 

(b) At Landlord’s option, if Tenant has exercised its right to lease the Expansion Space but the First Refusal
Commencement Date has not occurred, Landlord may, despite any other provision of this Lease, terminate Tenant’s right to lease the Expansion Space. 
 56.6 Expansion Space Expenditures. In addition, if Landlord has paid any broker a real estate commission or expended any improvement allowance in connection with Tenant’s lease of the
Expansion Space before Landlord’s receipt of the Termination Notice (the “Expansion Space Expenditures”), such Expansion Space Expenditures shall be included as part of the Lease Termination Fee. 

56.7 Rights Personal. The rights contained in this Article 56 shall be personal to the Original Tenant and any Permitted
Transferee to which Original Tenant has assigned its entire interest in this Lease, and may only be exercised by the Original Tenant and such Permitted Transferee to which Original Tenant has assigned its entire interest in this Lease (and not any
other assignee or any sublessee or other transferee of the Original Tenant’s interest in this Lease). 

  
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 IN WITNESS WHEREOF, Landlord and Tenant, acting herein through duly authorized individuals,
have caused these presents to be executed as of the date first above written. 
  

			
	TENANT:
	
	 TELLABS OPERATIONS, INC.,
 a Delaware corporation

		
	 By:
	 	 /s/ James M. Sheehan

		 	James M. Sheehan, CAO
		 	[Printed Name and Title]
	
	 Tenant’s NAICS
Code:            334210

  
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	 LANDLORD:

	
	 THE PRUDENTIAL INSURANCE COMPANY
 OF AMERICA, a New Jersey corporation

		
	 By:
	 	 /s/ Timothy F. Hennessey

		 	Timothy F. Hennessey, VP
		 	[Printed Name and Title]

  
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 EXHIBIT A 

THE PROJECT 

  
 Exhibit A

  
 

 

 EXHIBIT B 

PREMISES 
 (See Attached)  

  
 Exhibit B

  
 

 

  
 

 

 EXHIBIT B-1 

MUST-TAKE SPACE 
 (See Attached) 

  
 Exhibit B-1

  
 

 

 EXHIBIT C 

WORK LETTER 
 This Tenant Work Letter shall set forth the terms and conditions relating to the construction of the tenant improvements in the Premises. This Tenant Work Letter is essentially organized chronologically
and addresses the issues of the construction of the Premises, in sequence, as such issues will arise during the actual construction of the Premises. All references in this Tenant Work Letter to Articles or Sections of “this Lease” shall
mean the relevant portion of the Lease to which this Tenant Work Letter is attached and all references in this Tenant Work Letter to Sections of “this Tenant Work Letter” shall mean the relevant portions of this Tenant Work Letter.

 SECTION 1 
 LANDLORD’S INITIAL CONSTRUCTION IN THE PREMISES 
 1.1 Base Building
as Constructed by Landlord. Tenant agrees that, except as set forth in this Lease, Landlord has no obligation and has made no promise to alter, remodel, improve, or repair the Premises, or any part thereof, or to repair, bring into compliance
with applicable laws, other than to the extent that Landlord receives notice of a noncompliance prior to the Commencement Date, or improve any condition existing in the Premises as of the Commencement Date, except to construct the Landlord’s
Work (as defined below) pursuant to this Tenant Work Letter. Tenant agrees that neither Landlord nor any of Landlord’s employees or agents has made any representation or warranty as to the present or future suitability or fitness of the
Premises or the Building for the conduct of Tenant’s particular business. Any improvements or personal property located in the Premises are delivered without any representation or warranty from Landlord, either express or implied, of any kind,
including without limitation, title, merchantability or suitability for a particular purpose. 
 1.2 Landlord shall perform the
following work at Landlord’s sole cost and expense (“Landlord’s Work”): 
 1.2.1 Separate, demise and secure
the first and fifth floors (including separately demising the fifth and sixth floors) in accordance with the Final Plans (defined below) and deliver the Premises to Tenant in good clean condition, water tight and in compliance with all Applicable
Laws (including ADA), with all building operating systems (structural, mechanical, plumbing and electrical wiring systems) in proper working order, (including all rooftop equipment, and all controls associated with all heating ventilation and air
conditioning distribution equipment, throughout the Premises. 
 1.2.2 Construct and install 2 additional double door entrance
points into Tenant’s leased Premises allowing for Tenant’s ingress and egress from the Premises into the common area freight elevator corridor servicing the pathway of travel to and from Tenant’s first floor Premises and the common
loading dock area into said freight elevator corridor as shown on Exhibit “C-1”. It shall be the responsibility of Landlord to comply with any building code, governmental accessibility violations or mandates that may be associated with the
common area 

  
 Exhibit C

 -1- 

 
freight elevator service corridor and Landlord shall bear the expense (if any) for said compliance with building codes and laws. 

1.2.3 Improve the main lobby area by constructing the planned first floor lobby and conference room as well as the first floor portion of
the Premises into a Building Standard “warm shell” condition including finishing and dropping the 2x2 T-bar ceiling, fire sprinklers, lighting, flooring and drywall, taped mud and sanded in accordance with Building Standard throughout the
Premises substantially consistent with the plans and specifications described as the Harvest Properties Lobby Renewal; Job No. 10014; dated 4/19/2010 (the “Lobby Plans”). Tenant understands that Landlord agrees only to perform the
lobby work consistent with the Lobby Plans and that there may be variations from the Lobby Plans consistent with the Building standards as of July 8, 2010. Tenant may request that Landlord alter the improvements in the lobby area. If Landlord
agrees in its sole and absolute discretion to make the alterations requested by Tenant to the lobby area, Tenant shall pay Landlord the incremental costs of those alterations within thirty (30) days after demand, accompanied by reasonable
evidence of the amount of those incremental costs. 
 SECTION 2 

TENANT IMPROVEMENTS 
 2.1 Tenant Improvement Allowance. Tenant shall be entitled to a one-time tenant improvement allowance (the “Tenant Improvement Allowance”) in the amount of $20.00 per rentable square foot
of the Premises (i.e., $1,542,360.00, based on 77,118 rentable square feet in the Premises), for the costs relating to the initial design and construction of Tenant’s improvements which are permanently affixed to the Premises (the
“Tenant Improvements”); provided, however, that Landlord shall have no obligation to disburse all or any portion of the Tenant Improvement Allowance to Tenant unless Tenant makes a request for disbursement pursuant to the terms and
conditions of Section 2.2 below prior to that date which is six (6) months after the Commencement Date. In no event shall Landlord be obligated to make disbursements pursuant to this Tenant Work Letter in a total amount which
exceeds the Tenant Improvement Allowance. After completion of the Tenant Improvements and full payment of the costs thereof, Tenant shall be entitled to receive a credit against Rent for any unused portion of the Tenant Improvement Allowance which
is not used to pay for the Tenant Improvement Allowance Items (as such term is defined below). 
 2.2 Disbursement of the
Tenant Improvement Allowance. 
 2.2.1 Tenant Improvement Allowance Items. Except as otherwise set forth in this
Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord only for the following items and costs (collectively, the “Tenant Improvement Allowance Items”): 

2.2.1.1 Payment of the fees of the “Architect” and the “Engineers,” as those terms are defined in
Section 3.1 of this Tenant Work Letter (provided, however, that only an amount not to exceed $1.50 per rentable square foot of the Premises (i.e., up to $115,677 based on 77,118 rentable square feet of the Premises maybe deducted
from the Tenant 

  
 Exhibit C

 -2- 

 
Improvement Allowance to pay for such fees), and payment of the actual out-of-pocket fees incurred by, and the cost of documents and materials supplied by, Landlord’s consultants in
connection with the preparation and review of the “Construction Drawings,” as that term is defined in Section 3.1 of this Tenant Work Letter; 
 2.2.1.2 The payment of plan check, permit and license fees relating to construction of the Tenant Improvements; 
 2.2.1.3 The cost of construction of the Tenant Improvements, including, without limitation, contractors’ fees and general conditions, testing and inspection costs, costs of utilities, trash removal,
parking and hoists, and the costs of after-hours freight elevator usage. 
 2.2.1.4 The cost of any changes in the Base, Shell
and Core work when such changes are required by the Construction Drawings (including if such changes are due to the fact that such work is prepared on an unoccupied basis), such cost to include all direct architectural and/or engineering fees and
expenses incurred in connection therewith; 
 2.2.1.5 The cost of any changes to the Construction Drawings or Tenant
Improvements required by applicable laws and building codes (collectively, “Code”); 
 2.2.1.6 Sales and use taxes
and Title 24 fees; 
 2.2.1.7 The “Coordination Fee,” as that term is defined in Section 4.2.2.2 of this
Tenant Work Letter; and 
 2.2.1.8 All other costs to be expended by Tenant in connection with the construction of the Tenant
Improvements. 
 2.2.2 Disbursement of Tenant Improvement Allowance. Subject to Section 2.1 above, during the
construction of the Tenant Improvements, Landlord shall make monthly disbursements of the Tenant Improvement Allowance for Tenant Improvement Allowance Items for the benefit of Tenant and shall authorize the release of monies for the benefit of
Tenant as follows: 
 2.2.2.1 Monthly Disbursements. On or before the fifteenth (15th) day of each calendar month during the construction of the
Tenant Improvements (or such other date as Landlord may designate), Tenant shall deliver to Landlord: (i) a request for payment of the “Contractor,” as that term is defined in Section 4.1 below, approved by Tenant, in a
form to be provided by Landlord, showing the schedule, by trade, of percentage of completion of the Tenant Improvements in the Premises, detailing the portion of the work completed and the portion not completed, and demonstrating that the
relationship between the cost of the work completed and the cost of the work to be completed complies with the terms of the “Construction Budget,” as that term is defined in Section 4.2.1 below; (ii) invoices from all of
“Tenant’s Agents,” as that term is defined in Section 4.1.2 below, for labor rendered and materials delivered to the Premises; (iii) executed mechanic’s lien releases from all of Tenant’s Agents which shall
comply with the appropriate provisions, as reasonably determined by Landlord, of California Civil Code Section 3262(d); and (iv) all other information reasonably requested by 

  
 Exhibit C

 -3- 

 
Landlord. Tenant’s request for payment shall be deemed Tenant’s acceptance and approval of the work furnished and/or the materials supplied as set forth in Tenant’s payment
request. On or before the thirtieth (30th) day of the
following calendar month, Landlord shall deliver a check to Tenant made jointly payable to Contractor and Tenant in payment of the lesser of (A) the amounts so requested by Tenant, as set forth in this Section 2.2.2.1, above, less a
ten percent (10%) retention (the aggregate amount of such retentions to be known as the “Final Retention”) and (B) the balance of any remaining available portion of the Tenant Improvement Allowance (not including the Final
Retention), provided that Landlord does not dispute any request for payment based on non-compliance of any work with the “Approved Working Drawings”, as that term is defined in Section 3.4 below, or due to any substandard work,
or for any other reason. Landlord’s payment of such amounts shall not be deemed Landlord’s approval or acceptance of the work furnished or materials supplied as set forth in Tenant’s payment request. 

2.2.2.2 Final Retention. Subject to the provisions of this Tenant Work Letter, a check for the Final Retention payable jointly to
Tenant and Contractor shall be delivered by Landlord to Tenant within thirty (30) days following the last to occur of the following: (i) the substantial completion of the Tenant Improvements, (ii) Tenant’s delivers to Landlord of
properly executed mechanics lien releases in compliance with both California Civil Code Section 3262(d)(2) and either Section 3262(d)(3) or Section 3262(d)(4), and (iii) Landlord’s determination that the work conforms
substantially to the Approved Working Drawings, which Landlord shall do within twenty (20) days after Tenant notifies Landlord that the Tenant Improvements are substantially complete. 

2.2.2.3 Other Terms. Landlord shall only be obligated to make disbursements from the Tenant Improvement Allowance to the extent
costs are incurred by Tenant for Tenant Improvement Allowance Items. 
 2.2.3 Specifications for Building Standard
Components. Landlord has established specifications more particularly described in Exhibit C-1 attached hereto (the “Specifications”) for the Building standard components to be used in the construction of the Tenant Improvements
in the Premises which Specifications have been received by Tenant. Unless otherwise agreed to by Landlord, the Tenant Improvements shall comply with the Specifications. 
 SECTION 3 
 CONSTRUCTION DRAWINGS 

3.1 Selection of Architect/Construction Drawings. Tenant shall retain TMA Affinity Corporation (the “Architect”) to
prepare the Construction Drawings. Tenant shall retain engineering consultants approved by Landlord, which approval Landlord shall not unreasonably withhold, condition, or delay (the “Engineers”) to prepare all plans and engineering
working drawings relating to the structural, mechanical, electrical, plumbing, HVAC, lifesafety, and sprinkler work in the Premises. The plans and drawings to be prepared by Architect and the Engineers hereunder shall be known collectively as the
“Construction Drawings.” Tenant and Architect shall verify, in the field, the dimensions and conditions as shown on the relevant 

  
 Exhibit C

 -4- 

 
portions of the base building plans, and Tenant and Architect shall be solely responsible for the same, and Landlord shall have no responsibility in connection therewith. Landlord’s review
of the Construction Drawings as set forth in this Section 3, shall be for its sole purpose and shall not imply Landlord’s review of the same, or obligate Landlord to review the same, for quality, design, Code compliance or other
like matters. Accordingly, notwithstanding that any Construction Drawings are reviewed by Landlord or its space planner, architect, engineers and consultants, and notwithstanding any advice or assistance which may be rendered to Tenant by Landlord
or Landlord’s space planner, architect, engineers, and consultants, Landlord shall have no liability whatsoever in connection therewith and shall not be responsible for any omissions or errors contained in the Construction Drawings unless the
omissions or errors occurred as a result of changes to the Construction Drawings required by Landlord as a condition to Landlord’s consent. 
 3.2 Final Space Plan. Tenant shall supply Landlord with four (4) copies of its final space plan for the Tenant Improvements before any architectural working drawings or engineering drawings
have been commenced. The final space plan (the “Final Space Plan”) shall include a layout and designation of all offices, rooms and other partitioning, their intended use, and equipment to be contained therein. Landlord may request
clarification or more specific drawings for special use items not included in the Final Space Plan. Landlord shall advise Tenant within five (5) business days after Landlord’s receipt of the Final Space Plan for the Tenant Improvements if
the same is unsatisfactory or incomplete in any respect and provide Tenant with the reasons Landlord believes that the Final Space Plan is unsatisfactory or incomplete and suggested modifications to the Final Space Plan. If Tenant is so advised,
Tenant shall promptly (i) cause the Final Space Plan to be revised to correct any deficiencies or other matters Landlord may reasonably require, and (ii) deliver such revised Final Space Plan to Landlord. 

3.3 Final Working Drawings. After the Final Space Plan has been approved by Landlord and Tenant, Tenant shall promptly cause the
Architect and the Engineers to complete the architectural and engineering drawings for the Tenant Improvements, and cause the Architect to compile a fully coordinated set of architectural, structural, mechanical, electrical and plumbing working
drawings in a form which is complete to allow subcontractors to bid on the work and to obtain all applicable permits for the Tenant Improvements (collectively, the “Final Working Drawings”), and shall submit the same to Landlord for
Landlord’s approval. Tenant shall supply Landlord with four (4) copies of such Final Working Drawings. Landlord shall advise Tenant within five (5) business days after Landlord’s receipt of the Final Working Drawings for the
Premises if the same is unsatisfactory or incomplete in any respect and provide Tenant with the reasons Landlord believes that the Final Space Plan is unsatisfactory or incomplete and suggested modifications to the Final Space Plan. If Tenant is so
advised, Tenant shall promptly (i) revise the Final Working Drawings in accordance with such review and any disapproval of Landlord in connection therewith, and (ii) deliver such revised Final Working Drawings to Landlord. 

3.4 Approved Working Drawings. The Final Working Drawings shall be approved by Landlord (the “Approved Working
Drawings”) prior to the commencement of construction of the Tenant Improvements by Tenant. After approval by Landlord of the Final Working Drawings, Tenant shall promptly submit the same to the appropriate governmental

  
 Exhibit C

 -5- 

 
authorities for all applicable building permits. Tenant hereby agrees that neither Landlord nor Landlord’s consultants shall be responsible for obtaining any building permit or certificate
of occupancy for the Premises and that obtaining the same shall be Tenant’s responsibility; provided, however, that Landlord shall cooperate with Tenant in executing permit applications and performing other ministerial acts reasonably necessary
to enable Tenant to obtain any such permit or certificate of occupancy. No changes, modifications or alterations in the Approved Working Drawings may be made without the prior written consent of Landlord, which consent shall not be unreasonably
withheld, conditioned or delayed. 
 SECTION 4 
 CONSTRUCTION OF THE TENANT IMPROVEMENTS 
 4.1 Tenant’s Selection of
Contractor and Tenant’s Agents. 
 4.1.1 The Contractor. Tenant shall use Mclarney Construction, Inc.
(“Contractor”) as the general contractor to construct the Tenant Improvements. 
 4.1.2 Tenant’s Agents.
Tenant must contract with Landlord’s base building subcontractors for any mechanical, electrical, plumbing, life safety, structural, heating, ventilation, and air-conditioning work outside the Premises and for any life safety or structural work
within in the Premises. If requested by Landlord, subcontractors, laborers, materialmen, and suppliers, and the Contractor (collectively, “Tenant’s Agents”) shall all be union labor in compliance with the master labor agreements
existing between trade unions and the local chapter of the Associated General Contractors of America. 
 4.2 Construction of
Tenant Improvements by Tenant’s Agents. 
 4.2.1 Construction Contract: Cost Budget. Tenant shall deliver to
Landlord a full and complete copy of the executed construction contract and general conditions with Contractor (the “Contract”), prior to the commencement of construction by Contractor. Prior to the commencement of the construction of the
Tenant Improvements, and after Tenant has accepted all bids for the Tenant Improvements, Tenant shall provide Landlord with a written detailed cost breakdown (the “Final Costs Statement”), by trade, of the final costs to be incurred, or
which have been incurred, as set forth more particularly in Section 2.2.1.1 through 2.2.1.8 above, in connection with the design and construction of the Tenant Improvements to be performed by or at the direction of Tenant or the
Contractor which costs form a basis for the amount of the Contract, if any (the “Final Costs”). Prior to the commencement of construction of the Tenant Improvements, Tenant shall supply Landlord with evidence that Tenant has cash-on-hand
in an amount (the “Over-Allowance Amount”) by which the Final Costs exceed the Tenant Improvement Allowance (less any portion thereof already disbursed by Landlord, or in the process of being disbursed by Landlord, on or before the
commencement of construction of the Tenant Improvements). Tenant shall pay all costs of constructing the Tenant Improvements until the Over-Allowance Amount shall have been expended as a condition precedent to the disbursement of any of the then
remaining portion of the Tenant Improvement Allowance. Tenant shall provide Landlord with reasonable evidence that it has paid the Over-Allowance Amount with respect to the costs of the Tenant Improvements, including without limitation, the

  
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documents described in Sections 2.2.2.1(i), (ii), (iii) and (iv) above. In the event that, after the Tenant Improvement Allowance has been delivered by Landlord to Tenant, the
costs relating to the design and construction of the Tenant Improvements shall change, any additional costs necessary to such design and construction in excess of the Final Costs shall be paid by Tenant as an addition to the Over-Allowance Amount
out of its own funds, but Tenant shall continue to provide Landlord with the documents described in Sections 2.2.2.1(i), (ii), (iii) and (iv) above, for Landlord’s approval, prior to Tenant paying such costs. If after payment
in full of all of the costs described in Section 2.2.1, and satisfaction of all of the conditions to disbursement of the Final Retention pursuant to Section 2.2.2.2, above, the Tenant Improvement Allowance has not been fully
disbursed, then to the extent (a) there is any Tenant Improvement Allowance undisbursed (“Unfunded Allowance”) and (b) Tenant paid any Over-Allowance Amount towards the payment of the cost in Section 2.2.1 (the
“Paid Over-Allowance Amount”), Landlord shall disburse the Unfunded Allowance to Tenant in an amount not to exceed the Paid Over-Allowance Amount. 
 4.2.2 Tenant’s Agents. 
 4.2.2.1 Landlord’s General
Conditions for Tenant’s Agents and Tenant Improvement Work. Tenant’s and Tenant’s Agents’ construction of the Tenant Improvements shall comply with the following: (i) the Tenant Improvements shall be constructed in
strict accordance with the Approved Working Drawings; (ii) Tenant and Tenant’s Agents shall not, in any way, interfere with, obstruct, or delay, the work of Landlord’s base building contractor and subcontractors with respect to the
Base, Shell and Core or any other work in the Building; (iii) Tenant shall provide to Landlord a schedule of all work being performed in the Building to assist in coordinating the work to minimize interference and will provide updated schedules
as the schedules change; and (iv) Tenant shall abide by all rules made by Landlord’s Building manager with respect to the use of freight, loading dock and service elevators, storage of materials, coordination of work with the contractors
of other tenants, and any other matter in connection with this Tenant Work Letter, including, without limitation, the construction of the Tenant Improvements. Landlord will reasonably cooperate with Tenant regarding the coordination of any
construction work performed by Landlord that directly affects Tenant. 
 4.2.2.2 Coordination Fee. Tenant shall pay a
logistical coordination fee (the “Coordination Fee”) to Landlord in an amount equal to the product of (i) three percent (3%), and (ii) the sum of the Tenant Improvement Allowance, the Over-Allowance Amount, as such amount may be
increased hereunder, and any other amounts expended by Tenant in connection with the design and construction of the Tenant Improvements, which Coordination Fee shall be for services relating to the coordination of the construction of the Tenant
Improvements; provided that the Coordination Fee shall not exceed $13,000.00. 
 4.2.2.3 Indemnity. Tenant’s
indemnity of Landlord as set forth in the Lease shall also apply with respect to any and all costs, losses, damages, injuries and liabilities related in any way to any act or omission of Tenant or Tenant’s Agents, or anyone directly or
indirectly employed by any of them, or in connection with Tenant’s non-payment of any amount arising out of the Tenant Improvements that is not required to be paid by Landlord out of the Tenant Improvement Allowance. 

  
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 4.2.2.4 Insurance Requirements. 

4.2.2.4.1 General Coverages. All of Tenant’s Agents shall carry worker’s compensation insurance covering all of their
respective employees, and shall also carry public liability insurance, including property damage, all with limits, in form and with companies as are required to be carried by Tenant as set forth in the Lease unless other limits are approved in
writing by Landlord. 
 4.2.2.4.2 Special Coverages. Tenant shall carry “Builder’s All Risk” insurance in
an amount not less than the value of the Tenant Improvements covering the construction of the Tenant Improvements, and such other insurance as Landlord may require, it being understood and agreed that the Tenant Improvements shall be insured by
Tenant pursuant to the Lease immediately upon completion thereof. Such insurance shall be in amounts and shall include such extended coverage endorsements as may be reasonably required by Landlord, and in form and with companies as are required to
be carried by Tenant as set forth in the Lease. 
 4.2.2.4.3 General Terms. Certificates for all insurance carried
pursuant to this Section 4.2.2.4 shall be delivered to Landlord before the commencement of construction of the Tenant Improvements and before the Contractor’s equipment is moved onto the site. All such policies of insurance must
contain a provision that the company writing said policy will endeavor to give Landlord thirty (30) days prior written notice of any cancellation or lapse of the effective date or any reduction in the amounts of such insurance. In addition,
Tenant shall give Landlord thirty (30) days prior written notice of any cancellation or lapse of the effective date or any reduction in the amount of such insurance. In the event that the Tenant Improvements are damaged by any cause during the
course of the construction thereof, Tenant shall immediately repair the same at Tenant’s sole cost and expense. All policies carried under this Section 4.2.2.4 shall insure Landlord and Tenant, as their interests may appear, as well
as Contractor and Tenant’s Agents, and shall name as additional insureds Landlord’s Property Manager, Landlord’s Asset Manager, and all mortgagees and ground lessors of the Building. All insurance, except Workers’ Compensation,
maintained by Tenant’s Agents shall preclude subrogation claims by the insurer against anyone insured thereunder. Such insurance shall provide that it is primary insurance as respects the owner and that any other insurance maintained by owner
is excess and noncontributing with the insurance required hereunder. The requirements for the foregoing insurance shall not derogate from the provisions for indemnification of Landlord by Tenant under Section 4.2.2.3 of this Tenant Work
Letter. 
 4.2.3 Governmental Compliance. The Tenant Improvements shall comply in all respects with the following:
(i) the Code and other state, federal, city or quasi-governmental laws, codes, ordinances and regulations, as each may apply according to the rulings of the controlling public official, agent or other person; (ii) applicable standards of
the American Insurance Association (formerly, the National Board of Fire Underwriters) and the National Electrical Code; and (iii) building material manufacturer’s specifications. 

4.2.4 Inspection by Landlord. Landlord shall have the right to inspect the Tenant Improvements at all times to confirm that they
comply substantially with the Approved Working Drawings, provided however, that Landlord’s failure to inspect the Tenant 

  
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Improvements shall in no event constitute a waiver of any of Landlord’s rights hereunder nor shall Landlord’s inspection of the Tenant Improvements constitute Landlord’s approval
of the same. Should any portion of the Tenant Improvements not comply substantially with the Approved Working Drawings, Landlord shall notify Tenant in writing of that fact and shall specify the items that do not comply and the reasons that they do
not comply. Any non-conformance of the Tenant Improvements to the Approved Working Drawings shall be rectified by Tenant at no expense to Landlord, provided however, that in the event Landlord determines that a deviation exists that might adversely
affect the mechanical, electrical, plumbing, heating, ventilating and air conditioning or life-safety systems of the Building, the structure or exterior appearance of the Building or any other tenant’s use of such other tenant’s leased
premises, Landlord may, take such reasonable action as Landlord deems necessary, at Tenant’s expense and without incurring any liability on Landlord’s part, to correct any such deviation including, without limitation, causing the cessation
of performance of the construction of the Tenant Improvements until such time as the defect, deviation and/or matter is corrected to Landlord’s satisfaction. 
 4.2.5 Meetings. Commencing upon the execution of the Lease, Tenant shall hold weekly meetings at a reasonable time, with the Architect and the Contractor regarding the progress of the preparation
of Construction Drawings and the construction of the Tenant Improvements, which meetings shall be held at a location mutually acceptable to Landlord and Tenant or by telephone conference, and Landlord and/or its agents shall receive prior notice of,
and shall have the right to attend, all such meetings, and, upon Landlord’s request, certain of Tenant’s Agents shall attend such meetings, if available. In addition, minutes shall be taken at all such meetings, a copy of which minutes
shall be promptly delivered to Landlord. One such meeting each month shall include the review of Contractor’s current request for payment. 
 4.3 Notice of Completion; Copy of “As Built” Plans. Within ten (10) days after completion of construction of the Tenant Improvements, Tenant shall cause a Notice of Completion to be
recorded in the office of the Recorder of the County in which the Building is located in accordance with Section 3093 of the Civil Code of the State of California or any successor statute, and shall furnish a copy thereof to Landlord upon such
recordation. If Tenant fails to do so, Landlord may execute and file the same on behalf of Tenant as Tenant’s agent for such purpose, at Tenant’s sole cost and expense. At the conclusion of construction, (i) Tenant shall cause the
Architect and Contractor (A) to update the Approved Working Drawings as necessary to reflect all changes made to the Approved Working Drawings during the course of construction, (B) to certify to the best of their knowledge that the
“record-set” of as-built drawings are true and correct, which certification shall survive the expiration or termination of the Lease, (C) to deliver to Landlord a computer disk containing the Approved Working Drawings and As-Built
drawings in AutoCAD and PDF format, and (ii) Tenant shall deliver to Landlord a copy of all warranties, guaranties, and operating manuals and information relating to the improvements, equipment, and systems in the Premises. 

4.4 Coordination by Tenant’s Agents with Landlord. Upon Tenant’s delivery of the Contract to Landlord under
Section 4.2.1 of this Tenant Work Letter, Tenant shall furnish Landlord with a schedule setting forth the projected date of the completion of the Tenant Improvements and showing the critical time deadlines for each phase, item or trade
relating to the construction of the Tenant Improvements. 

  
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 SECTION 5 
 MISCELLANEOUS 
 5.1 Tenant’s Representative. Tenant has
designated Norm Engelhardt as its sole representative with respect to the matters set forth in this Tenant Work Letter, who shall have full authority and responsibility to act on behalf of the Tenant as required in this Tenant Work Letter.

 5.2 Landlord’s Representative. Landlord has designated Ana Chu as its sole representative with respect to the
matters set forth in this Tenant Work Letter, who, until further notice to Tenant, shall have full authority and responsibility to act on behalf of the Landlord as required in this Tenant Work Letter. 

5.3 Time of the Essence in This Tenant Work Letter. Unless otherwise indicated, all references herein to a “number of
days” shall mean and refer to calendar days. If any item requiring approval is timely disapproved by Landlord, the procedure for preparation of the document and approval thereof shall be repeated until the document is approved by Landlord.

 5.4 Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in the Lease, if an Event of
Default by Tenant of this Tenant Work Letter or the Lease has occurred at any time on or before the substantial completion of the Premises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, at law
and/or in equity, Landlord shall have the right to withhold payment of all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to cease the construction of the Premises (in which case, Tenant shall be responsible
for any delay in the substantial completion of the Premises caused by such work stoppage), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven until such time as such default is cured pursuant
to the terms of the Lease (in which case, Tenant shall be responsible for any delay in the substantial completion of the Premises caused by such inaction by Landlord). In addition, if the Lease is terminated prior to the Commencement Date, for any
reason due to an uncured Event of Default by Tenant as described in the Lease or under this Tenant Work Letter, in addition to any other remedies available to Landlord under the Lease, at law and/or in equity, Tenant shall pay to Landlord, as
Additional Rent under the Lease, within five (5) days of receipt of a statement therefor, any and all costs (if any) incurred by Landlord (including any portion of the Tenant Improvement Allowance disbursed by Landlord) and not reimbursed or
otherwise paid by Tenant through the date of such termination in connection with the Tenant Improvements to the extent planned, installed and/or constructed as of such date of termination, including, but not limited to, any costs related to the
removal of all or any portion of the Tenant Improvements and restoration costs related thereto. 

  
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 EXHIBIT C-1 

BUILDING SPECIFICATIONS 

  
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 Towers at Great America 

Building Standards 
 4555 – 4557 Great America Parkway 
 As of July 8, 2010

 Subject to Change 
  

							
	Acoustic Ceiling Tile	 	Acoustic Ceiling Grid
				
	MFG:	  	Armstrong	 	MFG:	  	Armstrong
	STYLE:	  	Cortega – Second Look II	 	STYLE:	  	Prelude – 15/16
	COLOR:	  	White	 	COLOR:	  	White
	SIZE:	  	2×4	 	SIZE:	  	2×4
		
	Horizontal Louver Blinds	 	
				
	MFG:	  	Levolor	 		  	
	STYLE:	  	“Sheerview” Metal Blinds	 		  	
	COLOR:	  	#961 Brushed Silver	 		  	
	SIZE:	  	1”	 		  	

 Door Materials – Solid Core Wood – Clear Maple 

All doors to be 9’0 tall; 1-3/4’ thick w/ 3/8’ undercut except at fire rated doors 

Door Hardware – Brushed Nickel – To match existing 
 *Landlord to provide master keying per tenant direction 
 Frame Materials –
Clear anodized aluminum frame, Finish to match building standard 
 Provide 36” integral sidelights where applicable at offices, training
rooms, etc. Where glass walls occur at conference, training, etc., provide 9’-0” tall glass windows using clear caulked butted joints in clear anodized aluminum frame to match building standard. 

Lighting – Fixtures & Lamps 
 Paramax Parabolic Troffer – 2PM3N 2’×4’ 
  

							
	 Type Volt
	  	 MFG
	  	 Catalog #
	  	 Lamps

	MVOLT	  	Lithonia	  	2PM3N G D 3 32 18LD MVOLT 1/41/2 GEB1OIS	  	6-Fo32/735/ECO
				
	MVOLT	  	Lithonia	  	2PM3N G D 3 32 18LD MVOLT GEB1OIS LP735 ACS	  	3-FO32/735/ECO
				
	Exit Signage	  		  		  	
				
	 MFG
	  	 Catalog #
	  	 	  	 
	Lithonia	  	EDG 1 G EL	  		  	

 Building Standard Finish Schemes 

 

					
	 Scheme 1
	  	 “Scheme 1”
	  	  
	Carpet:	  	Shaw Glaze #59562 Color, Moonstone #62500	  	
	Millwork:	  		  	
	Countertops	  	Formica #299-58 Ebony Oxide, Matte Finish	  	
	Cabinets	  	Pionite #WM115 Sugar Maple II, Suede Finish	  	
	Resilient Tile:	  	Armstrong Standard Excelon, Charcoal #51915	  	

  
 1 

					
	SDT:	  	Armstrong Static Dissipative Tile, Pearl White #51953	  	
	Paint:	  		  	
	General	  	Kelly Moore OW206-1, Apple White	  	
	Accent 1	  	Kelly Moore KM4004-2, Star of the Garden	  	
	Accent 2	  	Kelly Moore KM3789-2, Maddy’s Mood	  	
	Paint Level	  	Level 4	  	
	Rubber Base	  	Roppe #193, Black Brown	  	
			
	 Scheme 2
	  	 “Scheme 2”
	  	  
	Carpet:	  	Shaw Glaze #59562 Color, Earthenware #62750	  	
	Millwork:	  		  	
	Countertops	  	Formica #3508-58 Tatami Mat, Matte Finish	  	
	Cabinets	  	Pionite #WM115 Sugar Maple II, Suede Finish	  	
	Resilient Tile:	  	Armstrong Standard Excelon Smokey Brown #51868	  	
	SDT:	  	Armstrong Static Dissipative Tile, Pearl White #51953	  	
	Paint	  		  	
	General	  	Kelly Moore OW206-1, Apple White	  	
	Accent 1	  	Kelly Moore KM4180, Brittney Beige	  	
	Accent 2	  	Sherwin Williams SW4180-2, Cyberspace	  	
	Paint Level	  	Level 4	  	
	Rubber Base	  	Roppe #147, Light Brown	  	
			
	 Scheme 3
	  	 “Scheme 3”
	  	  
	Carpet:	  	Shaw Glaze #59562 Color, Porcelain #62103	  	
	Millwork:	  		  	
	Countertops	  	Formica #3698-58 Beluga Beige, Matte Finish	  	
	Cabinets	  	Pionite #WM115 Sugar Maple II, Suede Finish	  	
	Resilient Tile:	  	Armstrong Standard Excelon, Smokey Brown #51868	  	
	SDT:	  	Armstrong Static Dissipative Tile, Pearl White #51953	  	
	Paint	  		  	
	General	  	Kelly Moore OW206-1, Apple White	  	
	Accent 1	  	Kelly Moore KM4180, Brittney Beige	  	
	Accent 2	  	Sherwin Williams SW7505, Manor House	  	
	Paint Level	  	Level 4	  	
	Rubber Base	  	Roppe #140, Fawn	  	

  
 2 

 EXHIBIT D 

RULES AND REGULATIONS 
 Tenant shall faithfully observe and comply with the following Rules and Regulations. Landlord shall not be responsible to Tenant for the nonperformance of any of such Rules and Regulations by or otherwise
with respect to the acts or omissions of any other tenants or occupants of the Building or the Project. 
 1. Tenant shall not
alter any lock or install any new or additional locks or bolts on any doors or windows of the Premises without obtaining Landlord’s prior written consent. Tenant shall bear the cost of any lock changes or repairs required by Tenant. Two keys
will be furnished by Landlord for the Premises, and any additional keys required by Tenant must be obtained from Landlord at a reasonable cost to be established by Landlord. 
 2. All doors opening to public corridors shall be kept closed at all times except for normal ingress and egress to the Premises, unless electrical hold backs have been installed. 

3. Landlord reserves the right to close and keep locked all entrance and exit doors of the Building during such hours as are customary
for comparable buildings in the vicinity of the Building, Tenant, its employees and agents must be sure that the doors to the Building are securely closed and locked when leaving the Premises if it is after the normal hours of business for the
Building. After-hours access by Tenant’s authorized employees may be provided by card-key access or other procedures adopted by Landlord from time to time. Landlord shall furnish to Tenant free of charge 250 access cards for each 50,000 square
feet of rentable area in the Premises (“Initial Access Cards”). Tenant shall pay for the costs of all access cards in excess of the Initial Access Cards provided to Tenant’s employees and all replacements of lost, stolen or damaged
cards in an amount to be determined by Landlord in its reasonable discretion. Access to the Building and/or Project may be refused unless the person seeking access has proper identification or has a previously arranged pass for such access. Landlord
and its agents shall in no case be liable for damages for any error with regard to the admission to or exclusion from the Building and/or Project of any person. In case of invasion, mob, riot, public excitement, or other commotion, Landlord reserves
the right to prevent access to the Building and/or the Project during the continuance of same by any means it deems appropriate for the safety arid protection of life and property. 

4. Landlord shall have the right to prescribe the weight, size and position of all safes and other heavy property brought into the
Building. Safes and other heavy objects shall, if considered necessary by Landlord, stand on supports of such thickness as is necessary to properly distribute the weight. Landlord will not be responsible for loss of or damage to any such safe or
property in any case. All damage done to any part of the Building, its contents, occupants or visitors by moving or maintaining any such safe or other property shall be the sole responsibility of Tenant and any expense of said damage or injury shall
be borne by Tenant. 
 5. Except for intra-office distribution of mail and supplies in the ordinary course, no furniture,
freight, packages, supplies, equipment or merchandise will be brought into or removed from the Building or carried up or down in the elevators, except upon prior notice to Landlord, 

  
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and in such manner, in such specific elevator, and between such hours as shall be designated by Landlord. Tenant shall notify Landlord in advance if Tenant needs to move any freight, supplies,
furniture, fixtures or other personal property in or out of the Premises. So long as Tenant shall have provided that notice, Landlord shall allow Tenant access to the freight elevator for intervals not to exceed four hours or Landlord may elect to
convert a passenger elevator for Tenant’s use in moving those items. Under no circumstances shall Tenant move any freight, supplies, furniture, fixtures or other personal property in a non-converted passenger elevator or through the building
lobby. Landlord shall have the right to tow unattended vehicles at the vehicle owner’s expense. 
 6. Landlord shall have
the right to control and operate the public portions of the Building and the Project, the public facilities, the heating and air conditioning, and any other facilities furnished for the common use of tenants, in such manner as is customary for
Comparable Buildings. 
 7. The requirements of Tenant will be attended to only upon application at the management office of the
Project or at such other location as may be designated by Landlord. Employees of Landlord shall not perform any work or do anything outside their regular duties unless under special instructions from Landlord. 

8. Tenant shall not disturb, solicit, or canvass any occupant of the Building or the Project and shall cooperate with Landlord or
Landlord’s agents to prevent same. 
 9. The toilet rooms, urinals, wash bowls and other apparatus shall not be used for
any purpose other than that for which they were constructed, and no foreign substance of any kind whatsoever shall be thrown therein. The expense of any breakage, stoppage or damage resulting from the violation of this rule shall be borne by the
tenant who, or whose employees or agents, shall have caused it. 
 10. Tenant shall not overload the floor of the Premises.
Tenant shall not mark, drive nails or screws, or drill into the partitions, woodwork or plaster or in any way deface the Premises or any part thereof without Landlord’s consent first had and obtained; provided, however, Landlord’s prior
consent shall not be required with respect to Tenant’s placement of pictures and other normal office wall hangings on the interior walls of the Premises (but at the end of the Lease Term, Tenant shall repair any boles and other damage to the
Premises resulting therefrom). 
 11. Except for vending machines intended for the sole use of Tenant’s employees and
invitees, no vending machine or machines of any description other than fractional horsepower office machines shall be installed, maintained or operated upon the Premises without the written consent of Landlord. 

12. Tenant shall not use any method of heating or air conditioning other than that which may be supplied by Landlord, without the prior
written consent of Landlord. 
 13. Tenant shall not use or keep in or on the Premises, the Building or the Project any
kerosene, gasoline or other inflammable or combustible fluid or material. Tenant shall not use, keep or permit to be used or kept, any foul or noxious gas or substance in or on the Premises, or

  
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permit or allow the Premises to be occupied or used in a manner offensive or objectionable to Landlord or other occupants of the Building or the Project by reason of noise, odors, or vibrations,
or interfere in any way with other tenants or those having business therewith. 
 14. Tenant shall not bring into or keep within
the Project, the Building or the Premises any animals (except service animals), birds, bicycles or other vehicles. 
 15. No
cooking shall be done or permitted by Tenant on the Premises, nor shall the Premises be used for the bulk storage of merchandise (e.g., warehousing), for lodging or for any improper, objectionable or immoral purposes. Notwithstanding the foregoing,
Underwriters’ Laboratory-approved equipment and microwave ovens may be used in the Premises for heating food and brewing coffee, tea, hot chocolate and similar beverages, provided that such use is in accordance with all applicable federal,
state and city laws, codes, ordinances, rules and regulations, and does not cause odors which are objectionable to Landlord and other tenants. 
 16. Landlord will approve where and how telephone and data cabling and wires are to be introduced to the Premises. No boring or cutting for wires shall be allowed without the consent of Landlord. The
location of telephone, call boxes and other office equipment affixed to the Premises shall be subject to the approval of Landlord. 
 17. Landlord reserves the right to exclude or expel from the Building and/or the Project any person who, in the judgment of Landlord, is intoxicated or under the influence of liquor or drugs, or who shall
in any manner do any act in violation of any of these Rules and Regulations. 
 18. Tenant, its employees and agents shall not
loiter in the entrances or corridors, nor in any way obstruct the sidewalks, lobby, halls, stairways or elevators, and shall use the same only as a means of ingress and egress for the Premises. 

19. Tenant shall not waste electricity, water or air conditioning and agrees to cooperate fully with Landlord to ensure the most
effective operation of the Building’s heating and air conditioning system, and shall refrain from attempting to adjust any controls. 
 20. Tenant shall store all its trash and garbage within the interior of the Premises. No material shall be placed in the trash boxes or receptacles if such material is of such nature that it may not be
disposed of in the ordinary and customary manner of removing and disposing of trash and garbage in the City of Santa Clara without violation of any law or ordinance governing such disposal. All trash, garbage and refuse disposal shall be made only
through entry-ways and elevators provided or such purposes at such times as Landlord shall designate. 
 21. Tenant shall comply
with all safety, fire protection and evacuation procedures and regulations established by Landlord or any governmental agency. 

22. Tenant shall assume any and all responsibility for protecting the Premises from theft, robbery and pilferage, which includes keeping
doors locked and other means of entry to the Premises closed, when the Premises are not occupied. 

  
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 23. No awnings or other projection shall be attached to the outside walls of the Building
without the prior written consent of Landlord. No curtains, blinds, shades or screens shall be attached to or hung in, or used in connection with, any window or door of the Premises without the prior written consent of Landlord. The sashes, sash
doors, skylights, windows, and doors that reflect or admit light and air into the halls, passageways or other public places in the Building shall not be covered or obstructed by Tenant, nor shall any bottles, parcels or other articles be placed on
the windowsills. All electrical ceiling fixtures hung in offices or spaces along the perimeter of the Building must be fluorescent or LED and/or of a quality, type, design and bulb color approved by Landlord. 

24. The washing and/or detailing of or, the installation of windshields, radios, telephones in or general work on, automobiles shall not
be allowed on the Project. 
 25. Vendors delivering food to Tenant’s employees and invitees from time to time shall be
allowed in the Building without Tenant having to request entry from the management office. Other food vendors shall be allowed in the Building upon receipt of a written request from the Tenant. The food vendor (other than food delivery vendors)
shall service only the tenants that have a written request on file in the management office of the Project. Under no circumstance shall the food vendor display their products in a public or common area including corridors and elevator lobbies, Any
failure to comply with this rule shall result in immediate permanent withdrawal of the vendor from the Building. 
 26. Tenant
must comply with reasonable requests by Landlord concerning the informing of its employees of items of importance to the Landlord, e.g., compliance with Applicable Law, distribution of life safety information, and the like. 

27. Tenant shall comply with any non-smoking ordinance adopted by any applicable governmental authority. Without limiting the generality
of the foregoing, Tenant, its employees and invitees are prohibited from smoking in the Building or within twenty (20) feet of any entrances to the Building, Landlord reserves the right to designate approved smoking areas within the Project

 28. Except as set forth in the Lease, no Tenant shall install any radio or television antenna, loudspeaker, or other device
on the roof or exterior walls of the Building without prior consent of Landlord except as otherwise agreed in writing. No TV or radio or recorder shall be played in such a manner as to cause a nuisance to any other tenant. 

29. Tenant shall not enter the mechanical rooms, air conditioning rooms, electrical closets, janitorial closets, or similar areas or go
upon the roof of the Building, without the prior consent of Landlord. 
 30. Tenant shall not park or attach any bicycle or
motor driven cycle on or to any part of the Premises or Building. 
 31. Landlord may waive any one or more of these Rules and
Regulations for the benefit of any particular tenant or tenants as long as that waiver does not materially adversely affect Tenant or Tenant’s ability to operate its business at the Premises, but no such waiver by Landlord shall be construed as
a waiver of such Rules and Regulations in favor of any other 

  
 Exhibit D

 -4- 

 
tenant or tenants, nor prevent Landlord from thereafter enforcing any such Rules or Regulations against any or all tenants of the Building and/or the Project. Landlord reserves the right at any
time to change or rescind any one or more of these Rules and Regulations, or to make such other and further reasonable, non-discriminatory Rules and Regulations as in Landlord’s judgment may from time to time be necessary for the management,
safety, care and cleanliness of the Premises, the Building and the Project, and for the preservation of good order therein, as well as for the convenience of other occupants and tenants therein. Landlord shall not be responsible to Tenant or to any
other person for the nonobservance of the Rules and Regulations by another tenant or other person. Tenant shall be deemed to have read these Rules and Regulations and to have agreed to abide by them as a condition of its occupancy of the Premises.

  
 Exhibit D

 -5- 

 EXHIBIT E 

PARKING RULES 
 1. Parking areas shall be used only for parking by vehicles no longer than full size, passenger automobiles, pickup trucks and sport utility vehicles. Tenant and its employees shall park automobiles
within the lines of the parking spaces. 
 2. Tenant shall not permit or allow any vehicles that belong to or are controlled by
Tenant or Tenant’s employees, suppliers, shippers, customers, or invitees to be loaded, unloaded, or parked in areas other than those designated by Landlord for such activities. Users of the parking area will obey all posted signs and park only
in the areas designated for vehicle parking. 
 3. Parking stickers and parking cards, if any, shall be the property of Landlord
and shall be returned to Landlord by the holder thereof upon termination of the holder’s parking privileges. Loss or theft of parking identification stickers or devices from automobiles must be reported to the parking operator immediately. Any
parking identification stickers reported lost or stolen found on any unauthorized car will be confiscated and the illegal holder will be subject to prosecution. 
 4. Unless otherwise instructed, every person using the parking area is required to park and, lock his own vehicle. Landlord will not be responsible for any damage to vehicles, injury to persons or loss of
property, all of which risks are assumed by the party using the parking area. 
 5. The maintenance, washing, waxing or cleaning
of vehicles in the parking structure or Common Areas is prohibited. 
 6. Tenant shall be responsible for seeing that all of its
employees, agents and invitees comply with the applicable parking rules, regulations, laws, and agreements. Parking area managers or attendants, if any, are not authorized to make or allow any exceptions to these Parking Rules and Regulations.
Landlord reserves the right to terminate parking rights for any person or entity that willfully refuses to comply with these rules and regulations. 
 7. Every driver is required to park his or her own car. Tenant agrees that all responsibility for damage to cars or the theft of or from cars is assumed by the driver, and further agrees that Tenant will
hold Landlord harmless for any such damages or theft. 
 8. No vehicles shall be parked in the parking areas overnight. The
parking area shall only be used for daily parking and no vehicle or other property shall be stored in a parking space. 
 9. Any
vehicle parked by Tenant, its employees, contractors or visitors in a reserved parking space or in any area of the parking area that is not designated for the parking of such a vehicle may, at Landlord’s option, and without notice or demand, be
towed away by any towing company selected by Landlord, and the cost of such towing shall be paid for by Tenant and/or the driver of said vehicle. 

  
 Exhibit E

 -1- 

 Landlord reserves the right at any time to reasonably change or rescind any one or more of
these Rules and Regulations, or to make such other and further reasonable and nondiscriminatory Rules and Regulations as in Landlord’s judgment may from time to time be necessary for the management, safety, care and cleanliness of the Project,
and for the preservation of good order therein, as well as for the convenience of other occupants and tenants therein. Landlord may waive any one or more of these Rules and Regulations for the benefit of any particular tenant as long as that waiver
does not materially adversely affect Tenant or Tenant’s ability to operate its business at the Premises, but no such waiver by Landlord shall be construed as a waiver of such Rules and Regulations in favor of any other tenant, nor prevent
Landlord from thereafter enforcing any such Rules or Regulations against any or all tenants of the Project. Landlord, however, shall apply such Rules and Regulations in a nondiscriminatory manner. Tenant shall be deemed to have read these Rules and
Regulations and to have agreed to abide by them. 

  
 Exhibit E

 -2- 

 EXHIBIT F 

COMMENCEMENT DATE MEMORANDUM 
 With respect to that certain lease (“Lease”) dated                     , 2010 between THE
PRUDENTIAL INSURANCE COMPANY OF AMERICA, a New Jersey corporation (“Landlord”), and                      (“Tenant”), whereby
Landlord leased to Tenant and Tenant leased from Landlord approximately                      rentable square feet of that certain office building
located at
                                        ,
California (“Premises”), Tenant and Landlord hereby acknowledge and confirm as follows: 
 (1) Landlord delivered
possession of the Premises to Tenant substantially complete on                     . 

(2) The Lease commenced on
                     (“Commencement Date”) and Tenant’s obligation to pay Rent commenced on
                     (“Rent Commencement Date”). 
 (3) The Premises contain                      rentable square feet of space. 

(4) Tenant has accepted and is currently in possession of the Premises and the Premises are acceptable for Tenant’s use. 

(5) Tenant’s Building Percentage is
                    . 
 (6)
Tenant’s Project Percentage is                     . 
 (7) Base Rent Per Month is                     . 

IN WITNESS WHEREOF, this Commencement Date Memorandum is executed this day of
                    . 
  

					
	“Tenant”
	
	  

	  

		
	By:	 	  

			
		 	Its:	 	  

		
	By:	 	  

			
		 	Its:	 	  

  
 Exhibit F

 -1- 

 
	
	“Landlord”
	
	  

  
 Exhibit F

 -2- 

 EXHIBIT G 

STANDARDS FOR UTILITIES AND SERVICES 
 The following Standards for Utilities and Services are in effect. Landlord reserves the right to adopt nondiscriminatory modifications and additions hereto: 

As long as no Event of Default remains uncured, Landlord shall: 
 (a) On Monday through Friday, except holidays, from 7 A.M. to 6 P.M. (“Normal Business Hours”) (and other times for a reasonable additional charge to be fixed by Landlord), ventilate the
Premises and furnish air conditioning or heating in a manner consistent with Comparable Buildings to insure the comfortable occupancy of the Premises; provided that the foregoing does not limit Tenant’s express obligations under the Lease to
provide supplemental air conditioning for certain areas and/or uses in the Premises. The air conditioning system achieves maximum cooling when the window coverings are closed. Tenant agrees to cooperate fully at ail times with Landlord, and to abide
by all regulations and requirements which Landlord may prescribe for the proper function and protection of said air conditioning system. Tenant agrees not to connect any apparatus, device, conduit or pipe to the Building chilled and hot water air
conditioning supply lines. Tenant further agrees that neither Tenant nor its servants, employees, agents, visitors, licensees or contractors shall at any time enter mechanical installations or facilities of the Building or adjust, tamper with, touch
or otherwise in any manner affect said installations or facilities. Tenant may adjust room thermostats in areas served by supplemental air conditioning systems. During Normal Business Hours, Landlord’s engineer shall make, at no charge to
Tenant for such engineering services during Normal Business Hours, any necessary adjustments to room thermostats requested by Tenant. The cost of service calls to adjust and regulate the air conditioning system outside of Normal Business Hours shall
be charged to Tenant The cost of maintenance, if the need for maintenance work results from either Tenant’s adjustment of room thermostats or Tenant’s failure to comply with its obligations under this section shall be charged to Tenant.
Such work shall be charged at hourly rates equal to then current journeymen’s wages for air conditioning mechanics. 
 (b)
Landlord reserves the right to charge Tenant for the actual Cost to Landlord of providing after-hours heating and air-conditioning. Reference in this Lease to Landlord’s “Actual Cost” will apply to any cost charged by Landlord to
provide any service or utility to Tenant hereunder and shall be calculated by Landlord in good faith to reflect the actual costs paid or incurred by Landlord to provide such utility or service, including the cost of utilities provided by the utility
provider, costs of maintenance and repair, labor costs and costs of wear and tear and depreciation of systems and equipment, as applicable, but excluding administrative costs and profits, it being agreed that if the amount of actual costs paid or
incurred by Landlord cannot be reasonably and readily ascertained, “Actual Cost” hereunder shall be the amount reasonably estimated by Landlord. 
 (c) Landlord shall furnish to the Premises electric current having the capacities shown on Exhibit G-1. Tenant agrees to reimburse Landlord monthly for the measured consumption at the average cost per
kilowatt hour charged to the Building during the period as additional rent. If a separate meter is not installed, such excess cost will be established by an 

  
 Exhibit G

 -1- 

 
estimate agreed upon by Landlord and Tenant, and if the parties fail to agree, as established by an independent licensed engineer. Said estimates to be reviewed and adjusted quarterly. Tenant
shall pay the cost of installation of any meters that are not installed at the time of the construction of the Tenant Improvements. Meters installed at the time of the construction of the Tenant Improvements shall be at Landlord’s cost.
Landlord may require the installation of meters with respect to any one or more circuits serving equipment in the Premises other than typical general office equipment and personal computers. Tenant agrees not to use any apparatus or device in, or
upon, or about the office portions of the Premises which may in any way increase the amount of such services usually furnished or supplied to said office portions of the Premises, and Tenant further agrees not to connect any apparatus or device with
wires, conduits or pipes, or other means by which such services are supplied, for the purpose of using additional or unusual amounts of such services without written consent of Landlord. At all times Tenant’s use of electric current shall never
exceed the capacity of the feeders to the Building or the risers or wiring installation. 
 (d) Provide chilled water for use in
supplemental HVAC systems existing in the Premises on the Commencement Date or subsequently installed in the Premises by Tenant. The chilled water serving those supplemental HVAC systems in the Premises shall be separately metered with flow meters
and Landlord shall allocate the cost of electrical service necessary to provide chilled water among the users of that chilled water based on those flow meters. The cost of providing chilled water to HVAC systems serving the Common Areas and other
areas of the Building and tenant spaces other than supplemental HVAC systems, and the cost of maintaining, repairing and replacing the chiller equipment and connections thereto, shall be included in Operating Expenses to the extent not expressly
excluded under Section 5.1. The cost of electrical service to provide chilled water for supplemental HVAC systems in the Premises and in other tenant space in the Building shall not be included in Operating Expenses. 

(e) Provide water to the Premises and in public areas of the Project for drinking and lavatory purposes only, but if Tenant requires,
uses or consumes water for any purposes in addition to ordinary drinking and lavatory purposes of which fact Tenant constitutes Landlord to be the sole judge, Landlord may install a water meter and thereby measure Tenant’s water consumption for
all purposes. Tenant shall pay Landlord for the cost of the meter and the cost of the installation thereof and throughout the duration of Tenant’s occupancy Tenant shall keep said meter and installation equipment in good working order and
repair at Tenant’s own cost and expense, in default of which Landlord may cause such meter and equipment to be replaced or repaired and collect the cost thereof from Tenant. Tenant agrees to pay for water consumed, as shown on said meter, as
and when bills are rendered, and on default in making such payment, Landlord may pay such charges and collect the same from Tenant. Any such costs or expenses incurred, or payments made by Landlord for any of the reasons or purposes hereinabove
stated shall be deemed to be additional rent payable by Tenant and collectible by Landlord as such. 
 (f) Provide basic
janitorial service on a five (5) day week basis consistent with the services provided in Comparable Buildings. 
 (g)
Provide non-attended automatic passenger and freight elevator service from the ground floor to the floors on which the Premises are located in common with Landlord and other occupants of the Building and their employees and invitees. 

  
 Exhibit G

 -2- 

 (h) Landlord reserves the right to stop service of the elevator, plumbing, ventilation, air
conditioning and electric systems, when necessary, by reason of accident or emergency or for repairs, alterations or improvements, in the judgment of Landlord desirable or necessary to be made, until said repairs, alterations or improvements shall
have been completed, and shall further have no responsibility or liability for failure to supply elevator facilities, plumbing, ventilating, air conditioning or electric service, when prevented from so doing by strike or accident or by any cause
beyond Landlord’s reasonable control, or by laws, rules, orders, ordinances, directions, regulations or requirements of any federal, state, county or municipal authority or failure of gas, oil or other suitable fuel supply or inability by
exercise of reasonable diligence to obtain gas, oil or other suitable fuel. It is expressly understood and agreed that any covenants on Landlord’s part to furnish any service pursuant to any of the terms, covenants, conditions, provisions or
agreements of this Lease, or to perform any act or thing for the benefit of Tenant, shall not be deemed breached if Landlord is unable to furnish or perform the same by virtue of a strike or labor trouble or any other cause whatsoever beyond
Landlord’s control. 

  
 Exhibit G

 -3- 

 EXHIBIT G-1 

ELECTRICAL CAPACITIES 
 Electrical Capacity 
  

	 	•	 	 1st Floor South has 1800 Amps at 208/120 Volt, for Offices, and Cubicles. Note Panels 1PS6, and 1PS7 are 200 Amp Panels and are shared with
Engineering and Harvest Properties Management office -there are 50 total spare Breakers available for use in 1PS6, and 1PS7 for a total of 2200 at 208/120. 

 

	 	•	 	 1st Floor South has 1200 Amps at 480/277 on Panel 1DLS1 

 

	 	•	 	 The 1st Floor South has a 50 KVA Mitsubishi at 208/120 Volt for UPS Power at the MDF. 

 

	 	•	 	 The 1st Floor North, and South has 400 Amps 480/277 for Lighting, 400 Amps at 480/277 Volt for Fan Coil Units. 

 

	 	•	 	 The 5th Floor South has 750 Amps at 208/120 Volt for Offices, and Cubicles. 

 

	 	•	 	 The 5th Floor North has 1725 Amps at 208/120 for Offices and Cubicles. 

 

	 	•	 	 The 5th Floor North and South has 400 Amps at 480/277 Volt, for Lighting, and 400 Amps at 480/277 for Fan Coil Units.

  
 Exhibit G

 -1- 

 EXHIBIT H 

CC&R’S 

  
 Exhibit H

 -1- 

			
	RECORD WITHOUT FEE	  	

	PURSUANT TO GOV’T CODE § 6103	  
	  
 Recording Requested by:
	  
	Office of the City Attorney	  
	City of Santa Clara, California	  
	  
 When Recorded, Mail to:
	  
	Office of the City Clerk	  
	City of Santa Clara	  
	1500 Warburton Avenue	  
	Santa Clara, CA 95050	  

			
	Form per Gov’t Code § 27361.6	  	[SPACE ABOVE THIS LINE FOR RECORDER’S USE]

 AGREEMENT AND COVENANT RUNNING WITH THE LAND 

TO MAINTAIN TWO NON-STANDARD DRIVEWAY APPROACHES 
 [Restriction on 4555 Great America Parkway, Santa Clara, CA] 
 PREAMBLE

  
 This Restrictive Covenant Running with the Land
(“Covenant”) is made and entered into on this
18th day of December, 2001 (“Effective Date”),
by and between Nortel Networks Inc., a Delaware corporation FKA Northern Telecom, Inc., a Delaware corporation (“Owner”), and the City of Santa Clara, California, a chartered California municipal corporation (“City”). 

RECITALS 
  

	 	a.	Owner is the owner of real property located at 4555 Great America Parkway in the City of Santa Clara, California (“Property”), and is shown on the 2001-02
Santa Clara County Property Tax Roll as Assessor’s Parcel No. 104-42-016. Property is also known as Parcel 2 as shown on that certain Parcel Map filed for record in Book 745 of Maps, at Pages 29 thru 32, Santa Clara County Records.

  

	 	b.	Whenever the term “Owner” is used, it shall refer collectively to the Owner(s) signing this Covenant, and/or Owner’s assigns and successors interest,
City and Owner may be referred to herein collectively as the “Parties” or individually as a “Party.” 

 AGREEMENT PROVISIONS 
 The Parties agree as follows: 

 

	 	1.	City grants Owner permission to install certain private improvements (“Improvements”) in the street right-of-way and in sidewalk easements described and
limited to the following: 

 Two (2) non-standard driveway approaches, and curb and gutter, encroaching
approximately 8-feet into Patrick Henry Drive, a public right-of-way, and into two sidewalk easements (“Easement”) located 

  
 Page 1 of 1

 
on Property. The boundaries of Improvements encroachment are shown on attached Exhibit “A” (Tracing No, 11,216-A) attached hereto and incorporated herein by this reference

 Special pavement treatment shall be required to delineate Owner’s non-standard driveway boundary. The treatment shall
be textured pavement or an approved alternative. Owner’s maintenance responsibilities for non-standard driveway include, but are not limited to, the maintenance of City-approved and Owner-installed special pavement treatment. 

Installation of Improvements shall be at Owner’s expense and performed under a Street Opening Permit issued by City. 

 

	 	2.	Owner shall maintain, at Owner’s expense, Improvements in a safe condition and, in compliance with City ordinances, rules, regulations, and such terms and
conditions as all of the aforesaid are required by City from time to time. City approval of Improvements does not constitute approval on behalf of public utility companies. Approval of public utility companies for Improvements located in public
right-of-way shall be obtained separately by Owner. If, in the future, Improvements are removed, the area they are removed from shall be left in a safe condition. Removal shall be at Owner’s expense and performed under a Street Opening Permit
issued by City. 

  

	 	3.	Owner agrees to permit public utility companies, the City, and their respective officers, employees, and agents to enter upon Property so that there is access to the
street right-of-way for the purpose of installation, modification, repair, maintenance, removal or replacement of City owned public improvements, facilities or properties situated in the street right-of-way. Owner waives any and all claims for
damages or liabilities in connection therewith for properly damages incurred as a result of City operations. 

  

	 	4.	Owner agrees to pay City for any damages to City owned facilities caused by the construction or maintenance done by Owner in the street right-of-way.

  

	 	5.	Owner agrees to modify, maintain, repair, or remove, after reasonable notice of a written demand from the City Engineer (or his designee) at no cost to the City,
Improvements (or portion thereof) which prohibits or interferes with the City’s ability to maintain, repair, or replace its public facilities located in the street right-of-way and/or sidewalk easement. If owner fails to modify, maintain,
repair, or remove Improvements (or portion thereof) upon demand of City, City shall cause the work to be done and bill Owner. Owner agrees to pay. 

  

	 	6.	If Owner fails to pay City for damage to City facilities of for City caused work the Owner failed to perform upon City demand, City may cause a special assessment to be
levied against Property which shall constitute a lien thereon until paid. Said assessment, at the option of City, may be placed upon the tax rolls and treated and collected as are other taxes upon Property. Said assessment procedure for collection
of expenses incurred by City upon the failure of Owner to remove Improvements (or portion thereof) is expressly not intended to limit any other remedy available at law or in equity to City. 

  
 Page 2 of 2

	 	7.	Owner shall indemnify, defend, and save harmless the City, its officers, employees and agents from any claims, demands, loss, liability, injury, damage, expense or cost
(including reasonable attorney’s fees) however same may be caused, which may be sustained, incurred, or asserted against City because of and/or arising from the City permitting Owner to install and/or maintain Improvements in the street
right-of-way and/or Easement. 

  

	 	8.	As used herein, street right-of-way includes not only the roadway traveled by vehicles but the curb, sidewalk and area between and beyond the sidewalk, if any, to the
private property lines or exterior line of right-of-way easements. 

  

	 	9.	Each and every covenant made by Owner and/or City in this Agreement is made for the direct benefit of the respective lands described below or the interests in such
lands held by the Parties, their heirs, assigns and/or successors in interest, and shall run with said respective lands or interest in lands, and if applicable, the responsibilities and burdens thereof are imposed on and shall run with said
respective lands or interest in lands held by the Parties, their heirs, assigns and successors in interest. 

  

	 	10.	The lands of Owner which are burdened by this covenant and which will have the responsibility and burden for the modification, maintenance, repair, or removal of the
Improvements is the above mentioned Property. 

  

	 	11.	The land of City which is benefited by the covenants included in this Agreement is Patrick Henry Drive, a public street owned by City. 

 

	 	12.	Enforcement, either to restrain violation or to recover damages, shall be by proceedings at law or in equity against any person or persons violating or attempting to
violate any covenant created through this Agreement. 

  

	 	13.	Invalidation of any one of these covenants by judgment or court order shall in no way affect any of the other provisions which shall remain in full force and effect.

  

	 	14.	This Agreement shall be recorded by City in the Office of the County Recorder of Santa Clara County. 

\\\ 
 \\\

 \\\ 

\\\ 

  
 Page 3 of 3

 The Parties acknowledge and accept the terms and conditions of this Agreement as evidenced by the following
signatures of their duly authorized representatives. It is the intent of the Parties that this Agreement shall become operative on the Effective Date first set forth above. 

 

							
	CITY OF SANTA CLARA, CALIFORNIA a chartered municipal corporation	 		 	Nortel Networks, Inc., a Delaware corporation FKA Northern Telecom, Inc., a Delaware corporation
				
	/s/ Jennifer Sparacino	 		 	By:	 	/s/ Carol Karney
	JENNIFER SPARACINO	 		 		 	
	City Manager	 		 	Name: 	 	Carol Karney
		 		 		 	
	1500 Warburton Avenue	 		 	Title:	 	REAL ESTATE ASSET MANAGER
	Santa Clara, CA 95050	 		 		 	
	Telephone:     408/615-2210	 		 		 	
	Fax Number:  408/241-6771	 		 		 	

  

							
	APPROVED AS TO FORM:	 		 	Mailing Address:	 	 32 Bevin Blvd

			
		 		 	 EAST HAMPTON, CT 06424

  

							
	/s/ Judith Prupp	 		 	Phone #: 	 	860-704-1077
	for MICHAEL R. DOWNEY	 		 		 	
	City Attorney	 		 	Fax #:	 	860-267-7232
		 		 		 	
	ATTEST:	 		 	“OWNER” [APN 104-42-016 (2001-02)]
				
	/s/ J.E. Boccignone	 		 		 	
	J.E. BOCCIGNONE	 		 		 	
	City Clerk	 		 		 	
				
	“CITY”	 		 		 	

 ALL LEGAL OWNER(S) OF PROPERTY MUST SIGN THIS DOCUMENT. IF OWNER(S) IS A CORPORATION, THE COMPLETE LEGAL
NAME AND CORPORATE SEAL OF THE CORPORATION AND CORPORATE TITLES OF THE PERSONS SIGNING FOR THE CORPORATION SHALL APPEAR ABOVE. WRITTEN EVIDENCE OF AUTHORITY OF PERSON OR PERSONS EXECUTING THIS DOCUMENT ON BEHALF OF CORPORATION, PARTNERSHIP, OR JOINT
VENTURE, OR ANY OTHER ORGANIZATION OTHER THAN A SOLE PROPRIETORSHIP SHALL BE ATTACHED. 
 ATTACH THE ALL - PURPOSE NOTARY ACKNOWLEDGEMENT
FORM FOR THE PERSON OR PERSONS EXECUTING THIS DOCUMENT ON BEHALF OF THE OWNER(S) 

  
 Page 4 of 4

 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT 

 

					
	State of Connecticut	 	}	 	ss. [illegible]
	County of Middlesex	 	 

  

			
	On 12-10-2001, before me,	 	  
 /s/
Bernice C. Bartlett

	 Date
	 	Name and Title of Officer (e.g., “Jane Doe, Notary Public”)
	personally appeared	 	  
 /s/
Carol Karney

		 	Name(s) of Signer(s)
		
		 	  ̈ personally known to me
 x proved to me on the basis of satisfactory evidence
  

to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their
authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

		 	  
 WITNESS my hand and official seal.

		 	  
 /s/
Bernice C. Bartlett

	Place Notary Seal Above	 	Signature of Notary Public

  

					
	  
	 	  OPTIONAL  	 	 My Commission Expires 1/31/2004

 Though the information below is not required by law, it may prove valuable to persons relying on the
document and could prevent fraudulent removal and reattachment of this form to another document. 
 Description of Attached Document

			
	Title or Type of Document:	 	  

 

							
	Document Date:	 	  
	 	  Number of Pages:	 	  

  

			
	Signer(s) Other Than Named Above:	 	  

Capacity(ies) Claimed by Signer 

					
		 		 	RIGHT THUMBPRINT
	Signer’s Name:	 	  
	 	OF SIGNER

					
	 ̈ Individual	 		 	Top of thumb here
	 ̈ Corporate Officer — Title(s):	 	  
	 	

			
	 ̈ Partner —  ̈ Limited  ̈
General	 	
	 ̈ Attorney in Fact	 	
	 ̈ Trustee	 	
	 ̈ Guardian or Conservator	 	

					
	 ̈ Other:	 	  
	 	

  

					
	Signer is Representing:	 	  
	 	

  

					
	© 1933 National Notary Association •
9350 De Soto Ave., • P.O. Box 2402 • Chatsworth, CA 91313-2402 •	 	  Prod No. 8907	 	  Reorder: Call Toll Free 
1-880-876-6827

 California All-Purpose Acknowledgment 

 

					
	STATE OF CALIFORNIA	 	)	 	
		 	)	 	ss
	COUNTY OF SANTA CLARA	 	)	 	

 On December 31, 2001, before me, JOY SHERMAN, a Notary Public In and for said County and State,
personally appeared Jennifer Sparacino, City Manager, Executive Director, or Contract Administrator, personally known to me to be the person whose name Is subscribed to the within Instrument and acknowledged to me that she executed the same
in her authorized capacity, and that by her signature on the instrument the person, or the entity upon behalf of which the person acted, executed the Instrument. 
  

			
	

	 	WITNESS my hand and official seal.
	 	  
 /s/ JOY
SHERMAN

	 	NOTARY PUBLIC, STATE OF CALIFORNIA

 THIS CERTIFICATE MUST BE ATTACHED TO THE DOCUMENT DESCRIBED BELOW: 

Covenant Running with the Land with Nortel Networks Inc. at 4555 Great America Parkway, Santa Clara S.C. 17,719, APN 104-42-016. 

 

 

					
	

	  	  
 THE CITY OF SANTA
CLARA
 CALIFORNIA
	 	
	OFFICE OF THE	  	 	CITY HALL
	CITY CLERK/CITY AUDITOR	  	 	1600 WARBURTON AVE.
	www.cl.santa-clara.ca.us	  	 	SANTA CLARA, CA 95050
		  	 	(403) 616-2220
		  	 	FAX (403) 241-6771

  
 EXTRACT OF CITY COUNCIL MINUTES OF

 THE CITY OF SANTA CLARA 
 FOR MEETING HELD ON DECEMBER 18, 2001 
 ...“MOTION
was made by Diridon, seconded and unanimously carried (Kolstad and Parle absent), that, per the Director of Public Works/City Engineer (12/12/01), the Council approve waiving the public hearing and approve and authorize the City Manager to execute
an Agreement and Covenant Running with the Land with Nortel Networks, Inc. to maintain two non-standard driveway approaches within the Patrick Henry Drive right-of-way at 4555 Great America Parkway (APN
104-42-016; S.C. 17,719).”... 
 I, the undersigned City Clerk of Santa Clara, do hereby certify that
the above and foregoing is a true and correct copy of an Excerpt of the Minutes of a meeting of the City Council of the City of Santa Clara, held on December 18, 2001. 

 

	
	

	City Clerk

			
	 RECORDING REQUESTED BY
 CHICAGO TITLE COMPANY
 AND WHEN RECORDED MAIL TO

 
 Hale and Dorr LLP

Attn: Michele A. Mulvaney
 60
State Street
 Boston, MA 02109
	  	

  

					
	 Escrow No.
 Order No.
C/I-868913
	 		 	
	  
	 	SPACE ABOVE THIS LINE FOR RECORDER’S USE	 	  

 JOINDER TO AGREEMENT AND COVENANT RUNNING WITH THE LAND 

 
 THIS PAGE ADDED TO PROVIDE
ADEQUATE SPACE FOR RECORDING INFORMATION 
 (Additional recording fee applies) 

 JOINDER TO 
 AGREEMENT AND COVENANT RUNNING WITH THE LAND 
 TO MAINTAIN TWO NON-STANDARD DRIVEWAY
APPROACHES 
 (“Agreement and Covenant”) 
 The Prudential Insurance Company of America hereby joins in the foregoing Agreement and Covenant* as follows (all capitalized terms used herein and not otherwise defined shall have the meanings assigned
to them in the Agreement and Covenant): 
 Background 

(a) The original Agreement and Covenant was entered into by Nortel Networks Inc. as Owner of the property; 

(b) Prior to the recording of the Agreement and Covenant, Nortel Networks Inc. transferred the Property to the undersigned, and entered
into a Lease dated as of December 13, 2001 with the undersigned (a Memorandum of which Lease was recorded on December 14, 2001, as Document No. 16013185, Santa Clara County Records) (the “Lease”); and 

(c) The undersigned as the new Owner of the Property desires to join in the Agreement and Covenant for the purposes of rendering it an
enforceable document between the City and the undersigned, as Owner. 
 NOW, THEREFORE, in consideration of the mutual covenants
herein contained and the good and valuable consideration the receipt and sufficiency of which is acknowledged, the undersigned agrees as follows: 
 (1) The undersigned joins in the Agreement and Covenant in order to confirm that as the new Owner of the Property it shall be bound by all of the obligations of “Owner” under the Agreement and
Covenant, subject to Section (2) below. As between the undersigned and the City, the City shall look to the undersigned for performance of all of the obligations of Owner under the Agreement and Covenant, subject to Section (2) below.

 (2) Nortel Networks Inc. is executing this Joinder to confirm that during the term of the Lease, the obligations of Owner
shall be performed by Nortel Networks Inc. 
 The Parties below acknowledge and accept the terms and conditions of this Joinder
as evidenced by the following signatures of their duly authorized representatives. It is the intent of the parties that this Agreement shall become operative as of the Effective Date of the Agreement and Covenant. 

 

	*	recorded with the Santa Clara County Clerk-Recorder on January 24, 2002 as Document No. 16071831 

 
			
	THE PRUDENTIAL INSURANCE COMPANY OF AMERICA
		
	By:	 	/s/ Damian P. Manolis
		 	Damian P. Manolis
		 	Vice President
	
	NORTEL NETWORKS INC.,
	A Delaware corporation FKA Northern Telecom, Inc., a Delaware corporation
		
	By: 	 	 

  

					
	State of California	 	}	 	ss
	  
 County of San Francisco
	 	 

 Then personally appeared the above-named Damian P. Manolis, personally known to me to be the person whose
name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or the entity upon behalf of which the person acted, executed the
instrument. 
  

					
	

	 		 	

	 	 	Notary Public
	 	 	My commission expires:
	 		 	
	 		 	
	 		 	

 State of
                     
 County of
                     
 Then
personally appeared the above-named                      the
                     of Nortel Networks Inc. and made oath that the foregoing was his free act deed and the free act and deed of Nortel Networks
Inc., before me. 
  

	
	  

	Notary Public
	My commission expires:

 
			
	THE PRUDENTIAL INSURANCE COMPANY OF AMERICA
		
	By:	 	  

		 	Damian P. Manolis
		 	Vice President
	
	NORTEL NETWORKS INC.,
	A Delaware corporation FKA Northern Telecom, Inc., a Delaware corporation
		
	By:	 	 /s/ Allan Lane

		 	Allan Lane
		 	REAL ESTATE ASSET MANAGER
		 	NORTH AMERICA

 State of N. 
 County of                      
 Then personally appeared the above-named Damian P. Manolis, Vice President of The Prudential Insurance Company of America and made oath that the foregoing was his free act deed and the free act and deed
of The Prudential Insurance Company of America, before me. 
  

	
	  

	Notary Public
	My commission expires:

 State of North Carolina 
 County of Granville 
 Then personally appeared the above-named Allan Lane the
Asset Manager of Nortel Networks Inc. and made oath that the foregoing was his free act deed and the free act and deed of Nortel Networks Inc., before me. 
  

					
	

	 		 	 /s/ Shirley H. Lane

	 	 	Notary Public
	 	 	My commission expires: 03/30/2004
	 		 	
	 		 	
	 		 	
	 		 	
	 		 	

 EXHIBIT I 

LOCATION OF TENANT’S EXTERIOR BUILDING SIGNAGE 

  
 Exhibit I

 -1- 

 

 
  

									
	  	  	Suite 101/150	 	  	Suite 501	 
	 Item
	  	Quantity	 	  	Quantity	 
	 Furnished hard wall offices
	  	 	20	  	  	 	30	  
	 Furnished cubicles
	  	 	98	  	  	 	171	  
	 Furnished Conference rooms
	  	 	11	  	  	 	16	  
	 Contents:
	  				  			
	 Projector & screen
	  	 	5	  	  	 	6	  
	 Tables
	  	 	11	  	  	 	16	  
	 Chairs
	  	 	70	  	  	 	136	  
	 Credenzas
	  	 	4	  	  	 	2	  
	 White boards
	  	 	16	  	  	 	13	  
			
	 Furnished break rooms
	  	 	2	  	  	 	2	  
	 Contents:
	  				  			
	 Tables
	  	 	6	  	  	 	8	  
	 Chairs
	  	 	24	  	  	 	24	  
	 Garbage cans
	  	 	6	  	  	 	6	  
	 Dishwashers
	  	 	2	  	  	 	2	  
	 Micro waves
	  	 	5	  	  	 	4	  
	 Refrigerators
	  	 	5	  	  	 	4	  
	 Coffee machines
	  	 	2	  	  	 	2	  
			
	 Furnished labs
	  	 	5	  	  	 	3	  
	 Contents:
	  				  			
	 Ladder racks
	  	 	Yes	  	  	 	Yes	  
	 Benches
	  	 	36	  	  	 	0	  
	 Shelves
	  	 	13	  	  	 	0	  
	 Cabinets
	  	 	3	  	  	 	0	  
	 Racks
	  	 	0	  	  	 	159	  
			
	 Furnished IDF rooms
	  	 	2	  	  	 	2	  
	 Contents:
	  				  			
	 Ladder racks
	  	 	Yes	  	  	 	Yes	  
	 Racks
	  	 	0	  	  	 	5	  

 

 
  

 

 
  

 

 
  

 FIRST AMENDMENT TO LEASE 

(EXPANSION) 
 This First Amendment to Lease (the “Agreement”) is entered into as of December 3, 2010, by and between THE PRUDENTIAL INSURANCE COMPANY OF AMERICA, a New Jersey corporation
(“Landlord”), and TELLABS OPERATIONS, INC., a Delaware corporation (“Tenant”), with respect to the following facts and circumstances: 
 A. Landlord and Tenant are parties to that certain Lease Agreement dated July 27, 2010 (the “Original Lease”) of certain premises (the “Existing Premises”) within the building
commonly known as 4555 Great America Parkway, Santa Clara, California, and more particularly described in the Original Lease. Capitalized terms used and not otherwise defined herein shall have the meanings given those terms in the Original Lease.

 B. Landlord and Tenant desire to amend the Original Lease to add additional space on the terms and conditions provided
herein. 
 IT IS THEREFORE, agreed as follows: 
 1. As used in this Agreement and the Lease, the following terms have the following meanings: 
 “Expansion Space” means approximately 74,453 rentable square feet of area in the Building consisting of Suite 101 on the first floor of Building, containing approximately 19,060 rentable square
feet of area, and the entire sixth floor of the Building, containing approximately 55,393 rentable square feet of area, all as more particularly shown on Exhibit “B-1” attached hereto. 

“Expansion Space Commencement Date” shall mean July 1, 2011. 

“Expansion Improvements” means the Tenant Improvements constructed in the Expansion Space. 

2. Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Space upon the terms and conditions set forth in the Lease.
Accordingly, effective on the Expansion Space Commencement Date, (a) the Premises shall be expanded to include the Expansion Space and (b) the following terms of the Original Lease are amended as follows: 

2.1 The Expansion Space is added to the Premises such that the Premises shall be comprised of the Existing Premises and the Expansion
Space, and Exhibit “B-I” attached hereto is hereby added to Exhibit “B” to the Original Lease. 
 2.2 Tenant’s Building Percentage is increased to 46.9755%. 
 2.3
Tenant’s Project Percentage is increased to 23.4805%. 
 2.4 Tenant agrees to pay Landlord Base Rent for the Expansion
Space in accordance with the following schedule: 

  
 -1-

													
	 Period
	  	Monthly Per Square
Foot Base
Rent	 	  	Annual Base Rent	 	  	Monthly Base Rent	 
	 07/01/2011 – 03/31/2012
	  	$	1.60	  	  	 	N/A	  	  	$	119,124.80	  
	 04/01/2012 – 03/31/2013
	  	$	1.6480	  	  	$	1,472,382.53	  	  	$	122,698.54	  
	 04/01/2013 – 03/31/2014
	  	$	l.6974	  	  	$	1,516,518.24	  	  	$	126,376.52	  
	 04/01/2014 – 03/31/2015
	  	$	1.7484	  	  	$	1,562,083.56	  	  	$	130,173.63	  
	 04/01/2015 – 03/31/2016
	  	$	1.8008	  	  	$	1,608,899.52	  	  	$	134,074.96	  
	 04/01/2016 – 03/31/2017
	  	$	1.8548	  	  	$	1,657,145.04	  	  	$	138,095.42	  

 The Base Rent for the first month after the Expansion Space Commencement Date shall be payable on July 1, 2011. The
Base Rent for the Expansion Space shall be payable in the manner provided for in the Original Lease. 
 2.5 The Term with
respect to the Expansion Space shall be coterminous with the Term of the Existing Premises, as extended by this Agreement. In the event that Tenant exercises its extension option under the Original Lease, such extension shall apply to the entire
Premises then subject to the Original Lease (including the Expansion Space). 
 2.6 The Maximum Parking Allocation is hereby
increased by 246 spaces to 500 spaces. 
 2.7 Notwithstanding anything to the contrary in the Original Lease, submeters (both
energy and flow) shall be installed by Landlord in connection with the Expansion Improvements at Landlord’s sole cost and expense. If after the Expansion Improvements are complete Tenant performs any Alterations in the Expansion Space that
would require submeters (both energy and flow), Tenant shall install them at Tenant’s cost. 
 2.8 Exhibit G-1 to the
Original Lease is hereby replaced by Exhibit G-1 attached hereto. 
 2.9 Articles 55 and 56 of the Original Lease are hereby
amended and restated in their entirety to read as follows: 
 “ARTICLE 55. 

TENANT’S RIGHT OF FIRST REFUSAL 

55.1 Landlord hereby grants to Original Tenant or a Permitted Transferee the one-time right of first
refusal (the “First Refusal Right”) with respect to any portion of the second (2nd) floor of the Building (the “First Refusal Space”). Tenant’s right of first refusal shall be on the terms and conditions set forth in this Article 55. 

55.2 If at any time, Landlord receives a good faith written offer (the “Good Faith Offer”) to lease any portion
of the First Refusal Space which Landlord desires to accept, Landlord shall deliver to Tenant a written notice (the “First Refusal Notice”) setting forth the terms of such Good Faith Offer and providing Tenant with the right to exercise
its First Refusal Right as set forth herein. The First Refusal Notice shall 

  
 -2-

 
describe the space so offered to Tenant and shall set forth the “First Refusal Rents,” as that term is defined in Section 55.4 below, and the other economic terms upon which
Landlord is willing to lease such space to Tenant (collectively, the “Economic Terms”), which Economic Terms shall be consistent with the terms of the Good Faith Offer and the date that the First Refusal Space will be available for Tenant
to occupy. 
 55.3 If Tenant wishes to exercise its First Refusal Right, then within five (5) business days
of delivery of the First Refusal Notice to Tenant (the “Exercise Period”), Tenant shall deliver notice to Landlord of Tenant’s exercise of its First Refusal Right with respect to all of the space described in the First Refusal Notice
on the terms contained in such First Refusal Notice. If Tenant does not notify Landlord prior to the expiration of the Exercise Period, then Landlord shall be free to lease the First Refusal Space described in the First Refusal Notice to the party
making the Good Faith Offer (or an affiliate thereof) and Tenant shall have no further rights to such space under this Article 55. 
 55.4 The Rent payable by Tenant for the First Refusal Space (the “First Refusal Rent”) shall be equal to the Economic Terms set forth in the First Refusal Notice. 

55.5 Unless otherwise Set forth in the Good Faith Offer, Tenant shall take the First Refusal Space in its “as
is” condition, and the construction of improvements in the First Refusal Space shall be performed by Tenant and shall comply with the terms of Article 15 of this Lease. 

55.6 If Tenant timely exercises Tenant’s right to lease the First Refusal Space as set forth herein, Landlord and
Tenant shall endeavor to execute within fifteen (15) days thereafter an amendment to this Lease for such First Refusal Space upon the terms and conditions as set forth in the First Refusal Notice and this Article 55. The term of the
First Refusal Space shall commence upon the date of delivery of the First Refusal Space to Tenant (the “First Refusal Commencement Date”), and terminate on the date set forth in the First Refusal Notice (the “First Refusal
Term”), subject to the Economic Terms agreed upon for the lease of the First Refusal Space. 
 55.7 The
rights contained in this Article 55 shall be personal to the Original Tenant and its Permitted Transferees and may only be exercised by the Original Tenant or its Permitted Transferees (and not any other assignee or any sublessee or other
transferee of the Original Tenant’s interest in this Lease). Tenant shall not have the right to lease First Refusal Space, as provided in this Article 55, if, as of the date of the attempted exercise of any First Refusal Right by Tenant,
or, at Landlord’s option, as of the scheduled date of delivery of such First Refusal Space to Tenant, an uncured Event of Default by Tenant exists under this Lease. 

55.8 Notwithstanding anything of the contrary in this Article 55, Landlord shall not be obligated to give Tenant a First
Refusal Notice with respect to any 

  
 -3-

 
exercise by another tenant in the Building of any right to lease the First Refusal Space contained in any lease entered into prior to November 30, 2010. 

ARTICLE 56. 

TENANT’S RIGHT TO TERMINATE LEASE ON PAYMENT OF FEE 

56.1 Exercise of Termination Right. At any time before the first day of the thirty-fourth
(34th) full month after the Commencement Date, Tenant
shall have the option, on notice to Landlord (the “Termination Notice”), to terminate this Lease with respect to the entire Premises or with respect to the entire space located on one or more of the floors that comprise the Premises.
Tenant shall designate in its Termination Notice which portion of the Premises is to be removed from this Lease and that designation shall be irrevocable. The Premises subject to the Termination Notice shall be referred to as the “Canceled
Premises.” If Tenant designates less than all of the Premises as the Canceled Premises, in no event may Tenant designate less than all of the space on any floor as Canceled Premises. The termination shall be effective as of the first day of the
fortieth (40th) month after the Commencement Date
(the “Early Termination Date”). If Tenant gives the Termination Notice, Tenant shall pay Landlord an amount equal to fifty percent (50%) of the Lease Termination Fee, as defined in this Article 56, no later than the date upon
which Tenant delivers the Termination Notice and the remaining fifty percent (50%) of the Lease Termination Fee no later than the Early Termination Date. If the Canceled Premises is less than the entire Premises and the Canceled Premises
includes either the fifth floor or the sixth floor of the Building, then either (a) Tenant must surrender possession of the sixth floor with the glass wall system initially constructed by Landlord (the “Glass Wall”) in place and in
good condition and repair, or (b) if the Glass Wall has been removed or altered by Tenant, Tenant must replace and install a glass wall system comparable to the Glass Wall (as reasonably determined by Landlord) no later that the Early
Termination Date, at Tenant’s sole cost and expense. 
 56.2 Lease Termination Fee. After receiving
the Termination Notice from Tenant, Landlord shall notify Tenant of the amount of the Lease Termination Fee. The Lease Termination Fee shall be equal to the sum of: 

(a) An amount equal to 35/75ths of the Lease Concessions (as defined below) with respect to the Canceled Premises; and 

(b) An amount equal to Base Rent and estimated Tenant’s Share of Operating Expenses and Taxes for the Canceled
Premises for the six (6) month period after the Early Termination Date. 
 56.3 Lease Concessions.
For purposes of this Article 56, “Lease Concessions” shall be equal to the sum of: 
 (a) The
actual amount of the Tenant Improvement Allowance and any other improvement allowance paid by Landlord in connection with Landlord’s delivery of the Canceled Premises to Tenant; 

  
 -4-

 (b) The actual amount of the real estate commissions paid to the Brokers in
connection with the consummation of the leasing by Tenant of the Canceled Premises; and 
 (c) If the Canceled
Premises includes any portion of the Expansion Space (the “Canceled Expansion Space”), an amount equal to (i) the rentable area of the Canceled Expansion Space, multiplied by (ii) $4.80, which is equal to the per square foot
rental value of the three (3) months of the six (6) month period of beneficial occupancy of the Canceled Expansion Space prior to the Expansion Space Commencement Date. 

56.4 Effect of Early Termination on First Refusal and Extension Rights. On delivery of the Termination Notice by
Tenant to Landlord: 
 (a) Tenant’s right to exercise its option to lease the First Refusal Space (if not
previously leased and occupied by Tenant) shall automatically terminate; and 
 (b) If the Canceled Premises is
the entire Premises, then Tenant’s right to exercise its option to extend the Lease Term for the Extension Period shall automatically terminate. 
 56.5 Termination of this Article 56. Tenant’s rights under this Article 56 shall terminate and be of no further force or effect in the event Tenant exercises its First Refusal Right or
otherwise leases or occupies any additional space in the Project. 
 56.6 Rights Personal. The rights
contained in this Article 56 shall be personal to the Original Tenant and any Permitted Transferee to which Original Tenant has assigned its entire interest in this Lease, and may only be exercised by the Original Tenant and such Permitted
Transferee to which Original Tenant has assigned its entire interest in this Lease (and not any other assignee or any sublessee or other transferee of the Original Tenant’s interest in this Lease).” 

3. The construction of the Expansion Improvements shall be governed by the terms of Exhibit “C” of the Original Lease
(the “Work Letter”), with the following modifications and limitations: 
 3.1 The total Tenant Improvement Allowance
with respect to the Expansion Space shall be $1,489,060.00. 
 3.2 Section 1.2.1 of the Work Letter shall be modified as
follows: 
 (i) Landlord shall not be obligated to complete the installation or construction of the glass wall
system between the fifth and sixth floors of the Building prior to the Commencement Date. Instead, Landlord shall use commercially reasonable efforts to complete that work as soon as reasonably possible after the Commencement Date. Landlord and
Tenant agree to cooperate reasonably in the scheduling of that work. 

  
 -5-

 (ii) Landlord shall complete the improvements currently under construction
in the Expansion Space comprised of new T-bar ceiling grid, new ceiling tiles, new carpet, paint and new Title 24 compliant lighting. 
 3.3 The not-to-exceed amount in Section 2.2.1.1 of the Work Letter shall be $111,679.50 with respect to the Expansion Space. 
 3.4 Landlord shall have no obligation to disburse all or any portion of the Tenant Improvement Allowance with respect to the Expansion Space to Tenant except to the extent Tenant shall have made a request
for disbursement of those amounts pursuant to the terms and conditions of Section 2.2 of the Work Letter prior to December 31, 2011. 
 3.5 In no event shall any portion of the Tenant Improvement Allowance with respect to the Expansion Space be used for the payment of any costs with respect to any other portion of the Premises.

 3.6 After completion of the Expansion Improvements and full payment of the costs thereof, Tenant shall be entitled to receive
a credit against Rent for any unused portion of the Tenant Improvement Allowance with respect to the Expansion Space which is not used to pay for the Tenant Improvement Allowance Items applicable to the Expansion Space. 

4. Tenant may take possession of the portion of the Expansion Space on the first (1st) floor of the Building upon the full execution and delivery of
this Agreement. Tenant may have access to the portion of the Expansion Space on the sixth (6th) floor of the Building (the “Sixth Floor Expansion Space”) for design and planning purposes upon the full execution and delivery of this Agreement. Tenant may take possession of the Sixth
Floor Expansion Space on the earlier of January 1, 2011, or the date upon which Landlord completes Landlord’s construction. Tenant’s possession of the Expansion Space prior to the Expansion Space Commencement Date shall be on all the
terms and conditions of the Original Lease, as amended hereby, except that Tenant (a) shall not be obligated to pay Rent other than Base Rent with respect to the Expansion Space prior to the date that is the earlier of the Expansion Space
Commencement Date or the date upon which Tenant commences business operations in the Expansion Space and (b) shall not be obligated to pay Base Rent with respect to the Expansion Space prior to the Expansion Space Commencement Date. From and after
the earlier of the Expansion Space Commencement Date or the date upon which Tenant commences business operations in the Expansion Space, Tenant’s obligation with respect to Rent other than Base Rent with respect to the Expansion Space shall be
as provided in the Original Lease, as amended by this Agreement. After the Expansion Space Commencement Date, Tenant’s obligation with respect to Base Rent with respect to the Expansion Space shall be as provided in the Original Lease, as
amended by this Agreement. Landlord shall deliver the Expansion Space to Tenant in good clean condition, water tight and in compliance with all Applicable Laws (including ADA), and with all building operating systems (structural, mechanical,
plumbing and electrical wiring systems) in proper working order (including all rooftop equipment, and all controls associated with all heating ventilation and air conditioning distribution equipment, throughout the Expansion Space); provided that
the foregoing shall not apply to Landlord’s Expansion Space Equipment (as defined in Section 5, below). 

  
 -6-

 
Otherwise, except as expressly provided in this Agreement, Tenant agrees that Landlord has no obligation and has made no promise to alter, remodel, improve, or repair the Expansion Space, or any
part thereof, or to repair, bring into compliance with applicable laws, or improve any condition existing in the Expansion Space as of the Expansion Space Commencement Date. Except for Landlord’s Work with respect to the Expansion Space and any
Punch List Items related to landlord’s Work in the Expansion Space, the taking of possession of the Expansion Space by Tenant shall be conclusive evidence that the Expansion Space and the Building were in good and satisfactory condition at the
time possession was taken by Tenant. Neither Landlord nor Landlord’s agents have made any representations or promises with respect to the condition of the Building, the Expansion Space, the land upon which the Building is constructed, the
present or future suitability or fitness of the Expansion Space or the Building for the conduct of Tenant’s particular business, or any other matter or thing affecting or related to the Building or the Expansion Space, and no rights, easements
or licenses are acquired by Tenant by implication or otherwise except as expressly set forth in this Original Lease. Tenant shall deliver to Landlord any modifications to Tenant’s insurance required under the Original Lease to reflect the
addition of the Expansion Space and Tenant’s entry into the Expansion Space prior to the delivery of possession to Tenant. 

5. The prior tenant of the Expansion Space left 2-6.73 Ton Fan Coil Units — Williams Model AH-030-W2-B/O-7L on the Sixth Floor
(collectively, “Landlord’s Expansion Space Equipment”). Within 30 days after the execution and delivery of this Agreement, Tenant shall notify Landlord whether Tenant wants Landlord to remove any of Landlord’s Expansion Space
Equipment from the Expansion Space. If Tenant notifies Landlord within the 30-day period, Landlord shall, at Landlord’s expense, promptly remove the components of Landlord’s Expansion Space Equipment that Tenant indicated it wanted
Landlord to remove. During the Term, Tenant may use the components of Landlord’s Expansion Space Equipment that Tenant did not request Landlord to remove from the Expansion Space. Landlord is providing Landlord’s Expansion Space Equipment
to Tenant in its “As-is” and “Where is” condition. Neither Landlord nor Tenant shall be obligated to maintain, repair, or replace Landlord’s Expansion Space Equipment. At the expiration or earlier termination of this Lease,
Tenant shall return Landlord’s Expansion Space Equipment to Landlord in its then-current condition. Tenant shall not need to remove from the Expansion Space any of Landlord’s Expansion Space Equipment. If after the 30 day period set forth
above, Tenant determines that it no longer wants to use any of Landlord’s Expansion Space Equipment, Tenant shall notify Landlord, and Tenant may remove it from the Expansion Space and dispose of it at Tenant’s cost. 

6. Landlord and Tenant agree that the Expansion Space contains 74,453 square feet of rentable area. Tenant shall have no right to
terminate the Lease or receive any adjustment or rebate of any Base Rent or Additional Rent payable under the Lease if that square footage is incorrect. Tenant has inspected the Expansion Space and is fully familiar with the scope and size thereof
and agrees to pay the full Base Rent and Additional Rent for the Expansion Space set forth in this Agreement in consideration for the use and occupancy of that space, regardless of the actual number of square feet contained therein. 

7. The Original Lease is amended to increase the Security Deposit by $141,952.27, for a total of $272,229.78, which shall be held in
accordance with the applicable 

  
 -7-

 
provisions of the Original Lease regarding the Security Deposit. Tenant shall pay Landlord the amount of that increase within 10 days after Tenant receives a fully-executed original of this
Agreement. 
 8. The Original Lease Expiration Date is hereby changed to March 31, 2017 (the “New Expiration
Date”). The period from April 1, 2016 (the “Extension Commencement Date”) to the New Expiration Date is referred to herein as the “Extension Term.” Tenant shall continue to have the Extension Option set forth in Article
51 of the Original Lease; provided that any reference in Article 51 to the “initial Lease Term” shall mean and refer to the initial Lease Term as extended by the Extension Term defined in this Section 8. 

9. Commencing on the Extension Commencement Date, Tenant shall pay to Landlord monthly Base Rent with respect to the Existing Premises in
the amount of $134,134.36 on the first day of each month of the Extension Term, in addition to any other amounts due under the terms of the Lease with respect to Operating Expenses and Taxes and any amounts due under the terms of the Lease with
respect to the Expansion Space. 
 10. Tenant, at Tenant’s sole cost and expense (subject to reimbursement out of the
Tenant Improvement Allowance), may cause its contractor to make modifications to the existing Building dock door height. The plans and specifications for any such work shall be prepared, and the work shall be coordinated, by AP+I Design, as the
architect, and Hohbach-Lewin Inc., as the structural engineer, or another structural engineer and architect acceptable to Landlord in its sole discretion under a direct contract with Landlord. The scope and plans and specifications for this work
shall be subject to Landlord’s approval using the same procedures as set forth in the Work Letter. Landlord, by written notice to Tenant at any time within twelve (12) months after the completion of the work described in this
Section 10, may require that Tenant restore the dock door area to the condition existing prior to the work described in this Section 10 at Tenant’s sole cost and expense upon the expiration or earlier termination of the Term of this
Lease. If Landlord does not give that notice, then Tenant shall not be obligated to perform that restoration work. 
 11. Except
as otherwise provided herein, all of the terms and conditions of the Original Lease shall continue to apply during the Extension Term. 
 12. Landlord hereby represents and warrants to Tenant that it has dealt with no broker, finder or similar person in connection with this Agreement, and Tenant hereby represents and warrants to Landlord
that it has dealt with no broker, finder or similar person in connection with this Agreement, other than CB Richard Ellis, Inc. (“Landlord’s Broker”) and CRESA Partners (“Tenant’s Broker”). Landlord and Tenant shall
each defend, indemnify and hold the other harmless with respect to all claims, causes of action, liabilities, losses, costs and expenses (including without limitation attorneys’ fees) arising from a breach of the foregoing representation and
warranty. The commission with respect to this Agreement shall be paid to Landlord’s Broker by Landlord pursuant to a separate agreement. Landlord’s Broker will pay Tenant’s Broker a commission pursuant to a separate agreement. Nothing
in this Agreement shall impose any obligation on Landlord to pay a commission or fee to any party other than Landlord’s Broker. 

  
 -8-

 13. Time is of the essence of this Agreement and the provisions contained herein.

 14. As additional consideration for this Agreement, Tenant and Landlord each hereby certifies to the other that: 

(a) The Original Lease (as amended hereby) is in full force and effect. 

(b) To its actual knowledge, there are no uncured defaults on the part of Landlord or Tenant under the Original Lease.

 15. Except as specifically provided herein, the terms and conditions of the Original Lease as amended hereby are confirmed
and continue in full force and effect. This Agreement shall be binding on the heirs, administrators, successors an assigns (as the case may be) of the parties hereto. This Agreement and the attached exhibits, which are hereby incorporated into and
made a part of this Agreement, set forth the entire agreement between the parties with respect to the matters set forth herein. There have been no additional oral or written representations or agreements. Under no circumstances shall Tenant be
entitled to any Rent abatement, improvement allowance, leasehold improvements, or other work to the Expansion Space, or any similar economic incentives that may have been provided to Tenant in connection with entering into the Original Lease, unless
specifically set forth in this Agreement. Tenant agrees that it shall not disclose any matters set forth in this Agreement or disseminate or distribute any information concerning the terms, details or conditions hereof to any person, firm or entity
other to its professional advisors, consultants, representatives, and auditors and except as otherwise required by law without obtaining the express written consent of Landlord. In the case of any inconsistency between the provisions of the Original
Lease and this Agreement, the provisions of this Agreement shall govern and control. Submission of this Agreement by Landlord is not an offer to enter into this Agreement but rather is a solicitation for such an offer by Tenant. Neither party shall
not be bound by this Agreement until it has received a fully-executed version of this Agreement. 
 16. Effective as of the date
hereof, all references to the “Lease” shall refer to the Original Lease, as amended by this Agreement. 
 17. To
satisfy compliance with the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and Section 4975(c) of the Internal Revenue Code, Tenant hereby certifies that the representations and warranties in Article 53 of the
Original Lease are true and correct as of the date of this Agreement. 

  
 -9-

 IN WITNESS WHEREOF, this Agreement was executed as of the date first above written.

  

			
	Landlord:
	
	 THE PRUDENTIAL INSURANCE
 COMPANY OF AMERICA,
 a New Jersey corporation

		
	By:	 	 /s/ Jeffrey D. Mills

		
	Name:	 	 Jeffrey D. Mills

		
	Its:	 	 Vice President

	
	Tenant:
	
	 TELLABS OPERATIONS, INC.,
 a Delaware corporation

		
	By:	 	 /s/ James M. Sheehan

		
	Name:	 	 James M. Sheehan

		
	Its:	 	 CAO

  
 -10-

 EXHIBIT B-1 

EXPANSION SPACE 
 (See Attached.) 

  
 Schedule B-1

 

 
  

 

 
  

 EXHIBIT G-1 

ELECTRICAL CAPACITIES 
 Electrical Capacity 
  

	 	•	 	 1st Floor South has 1800 Amps at 208/120 Volt, for Offices, and Cubicles. Note Panels 1PS6, and 1PS7 are 200 Amp Panels and are shared with
Engineering and Harvest Properties Management office -there are 50 total spare Breakers available for use in 1PS6, and 1PS7 for a total of 2200 at 208/120. 

 

	 	•	 	 1st Floor
South has 1200 Amps at 480/277 on Panel 1DLS1 

 

	 	•	 	 The 1st Floor South has a 50 KVA Mitsubishi at 208/120 Volt for UPS Power at the MDF. 

 

	 	•	 	 The 1st Floor North, and South has 400 Amps 480/277 for Lighting, 400 Amps at 480/277 Volt for Fan Coil Units. 

 

	 	•	 	 The 5th Floor South has 750 Amps at 208/120 Volt for Offices, and Cubicles. 

 

	 	•	 	 The 5th Floor North has 1725 Amps at 208/120 for Offices and Cubicles. 

 

	 	•	 	 The 5th Floor North and South has 400 Amps at 480/277 Volt, for Lighting, and 400 Amps at 480/277 for Fan Coil Units.

  

	 	•	 	 6th Floor North Panel 6DPN1 has 600 Amps 208/120 Volt Power 3 Phase 4 Wire. 

 

	 	•	 	 6th Floor North Panel 6LN1-200 has Amps 480/277 Volt Lighting 3 Phase 4 Wire. 

 

	 	•	 	 6th Floor North Panel 6DPN1 feeds Panels 6PN1-150 Amp, 6PN2-150 Amp, 6PN3-150 Amp, and 6PN4-150 Amp. 

 

	 	•	 	 6th Floor South Panel 6DPS1-600 has Amps 208/120 Volt Power 3Phase 4 Wire. 

 

	 	•	 	 6th Floor South-Panel 6LS1-200 has Amps 480/277 Volt Lighting 3 Phase 4 Wire. 

 

	 	•	 	 6th Floor South-Panel 6DPS1 feeds Panels 6PS1-150 Amp, 6PS2-150 Amp. 6PS3-150Amp, 6PS4-150 Amp, 6PS5-150 Amp, and 6PS6 60 Amp.

  

	 	•	 	 6th Floor - Note all Breaker Panels are not to exceed 80% load per NEC Code. 

 

	 	•	 	 6th Floor has 6.23 Watts PSF. 

  

	 	•	 	 6th Floor has existing HVAC 2- 6.73 Ton Fan Coil Units - Williams Model AH-030-W2-B/0-7L. 

 

	 	•	 	 1st Floor North has a Main Switchgear Breaker EDP1 which feeds 1600 Amp 3Phase Bus Duct. 

 

	 	•	 	 1st Floor North
Panel has 1DPN1 3 Phase 5 Wire 208/120 500 Amp feeds Panels lPNl-150Amp, lPN2-150Amp,and lPN3-150 Amp. 

  

	 	•	 	 1st Floor North Panel 1LN1 480/277 200 Amp 3 Phase 4 Wire feeds 1st Floor North Lighting. 

 

	 	•	 	 1st Floor North -note all capacities are 80% per NEC Code. 

 

	 	•	 	 1st Floor North HVAC-6” Chilled Water Supply and Return Piping feed North East Corner. 

 

	 	•	 	 1st floor North is 63.31 WPSF. 

  
 Schedule B-1

 SECOND AMENDMENT TO LEASE 

This Second Amendment to Lease (the “Agreement”) is entered into as of December 21, 2010, by and between THE PRUDENTIAL
INSURANCE COMPANY OF AMERICA, a New Jersey corporation (“Landlord”), and TELLABS OPERATIONS, INC., a Delaware corporation (“Tenant”), with respect to the following facts and circumstances: 

A. Landlord and Tenant are parties to that certain Lease Agreement dated July 27, 2010, as amended by a First Amendment to Lease
dated December 3, 2010 (the “Original Lease”) of certain premises (the “Premises”) within the building commonly known as 4555 Great America Parkway, Santa Clara, California, and more particularly described in the Original
Lease. Capitalized terms used and not otherwise defined herein shall have the meanings given those terms in the Original Lease. 

B. Landlord and Tenant desire to amend the Original Lease to on the terms and conditions provided herein. 

IT IS THEREFORE, agreed as follows: 
 1. Tenant hereby agrees that Landlord shall not be obligated to install flooring and ceiling tile in Suite 601 as required by the Original Lease. In consideration of that agreement, Landlord hereby agrees
that the Tenant Improvement Allowance with respect to the Expansion Space shall be increased by $27,086.00 to a total of $l,516,l46.00. 
 2. Landlord hereby represents and warrants to Tenant that it has dealt with no broker, finder or similar person in connection with this Agreement, and Tenant hereby represents and warrants to Landlord
that it has dealt with no broker, finder or similar person in connection with this Agreement. Landlord and Tenant shall each defend, indemnify and hold the other harmless with respect to all claims, causes of action, liabilities, losses, costs and
expenses (including without limitation attorneys’ fees) arising from a breach of the foregoing representation and warranty. 
 3. Except as specifically provided herein, the terms and conditions of the Original Lease as amended hereby are confirmed and continue in full force and effect. This Agreement shall be binding on the
heirs, administrators, successors and assigns (as the case may be) of the parties hereto. This Agreement sets forth the entire agreement between the parties with respect to the matters set forth herein. There have been no additional oral or written
representations or agreements. In the case of any inconsistency between the provisions of the Original Lease and this Agreement, the provisions of this Agreement shall govern and control. Submission of this Agreement by Landlord is not an offer to
enter into this Agreement but rather is a solicitation for such an offer by Tenant. Neither party shall not be bound by this Agreement until it has received a fully-executed version of this Agreement. 

4. Effective as of the date hereof, all references to the “Lease” shall refer to the Original Lease, as amended by this
Agreement. 

  
 -1-

 5. To satisfy compliance with the Employee Retirement Income Security Act of 1974, as
amended (“ERISA”), and Section 4975(c) of the Internal Revenue Code, Tenant hereby certifies that the representations and warranties in Article 53 of the Original Lease are true and correct as of the date of this Agreement.

 IN WITNESS WHEREOF, this Agreement was executed as of the date first above written. 

 

			
	Landlord:
	
	 THE PRUDENTIAL INSURANCE
 COMPANY OF AMERICA,
 a New Jersey corporation

		
	By:	 	 /s/ Kristin Paul

		
	Name:	 	 Kristin Paul

		
	Its:	 	 Vice President

	
	Tenant:
	
	 TELLABS OPERATIONS, INC.,
 a Delaware corporation

		
	By:	 	 /s/ James Sheehan

		
	Name:	 	 James Sheehan

		
	Its:	 	 CAO + EVP

  
 -2-

 THIRD AMENDMENT TO LEASE 

This Third Amendment to Lease (the “Agreement”) is entered into as of September 19, 2011, by and between THE PRUDENTIAL
INSURANCE COMPANY OF AMERICA, a New Jersey corporation (“Landlord”), and TELLABS OPERATIONS, INC., a Delaware corporation (“Tenant”), with respect to the following facts and circumstances: 

A. Landlord and Tenant are parties to that certain Lease Agreement dated July 27, 2010, as amended by a First Amendment to Lease
dated December 3, 2010 (the “First Amendment”), and by a Second Amendment to Lease dated December 21, 2010 (collectively, the “Original Lease”) of certain premises (the “Premises”) within the building commonly
known as 4555 Great America Parkway, Santa Clara, California, and more particularly described in the Original Lease. Capitalized terms used and not otherwise defined herein shall have the meanings given those terms in the Original Lease. 

B. Landlord and Tenant desire to amend the Original Lease on the terms and conditions provided herein. 

IT IS THEREFORE, agreed as follows: 
 1. Landlord, subject to partial reimbursement by Tenant as set forth in this Agreement, hereby agrees to install a new 400 ton roof mounted chiller unit for the Building (the “New Chiller Unit”)
to serve that portion of Tenant’s Premises comprised of the Tenant’s existing lab space on the fifth (5th) and sixth (6th) floors of the Building (the “Service Areas”). Landlord’s work associated with the purchase
and installation of the New Chiller Unit is collectively referred to herein as the “New Chiller Work”. The New Chiller Work will be performed by McLarney Construction (“Contractor”) under Landlord’s supervision, and shall be
performed in accordance with the scope of work (the “Scope of Work”) and related estimated pricing schedule (the “Estimated Pricing Schedule”), both set forth on Schedule 1. Subject to the terms of Section 7.2
of the Original Lease, Landlord and its Contractor, architect and engineers, and their respective employees, agents and subcontractors, shall have the right to enter the Premises for purposes of performing the New Chiller Work and Tenant agrees to
cooperate with Landlord to accommodate such access as may be necessary for the performance and completion of the New Chiller Work. Tenant acknowledges that the New Chiller Work will be performed during the existing Lease Term, and both parties
hereby acknowledge that Tenant shall be entitled to conduct business in the Premises throughout the performance of such work. Landlord and Tenant agree that the New Chiller Work, and the actions of Landlord and its Contractor, architect and
engineers, and their respective employees, agents and subcontractors on or about the Premises and Building in connection with the New Chiller Work, are subject to the terms of Section 7.2 of the Original Lease, and the parties’
respective rights, obligations and remedies with respect to such entry and actions, and any resulting interference with Tenant’s use of the Premises, shall be governed by Section 7.2 and any other applicable provision of the
Original Lease. Landlord shall perform the New Chiller Work in a good and workman like manner and in accordance with all Applicable Laws, and shall diligently commence such work and pursue the same to completion as soon as is reasonably possible
given all relevant facts and circumstances, but no later than December 31, 2011 subject to Force Majeure Events and delays caused by the 

  
 -1-

 
acts or omissions of Tenant or its employees, agents, contractors, subcontractors, subtenants or consultants. 
 2. Landlord and Tenant have agreed upon an allocation of responsibility for the costs associated with purchasing the New Chiller Unit and performing the New Chiller Work (collectively, the “New
Chiller Costs”). Such allocation and the estimated New Chiller Costs are set forth on Schedule 1; provided Schedule 1 does not include Landlord’s construction management fee of $13,000.00. Tenant shall, within ten
(10) days after the full execution and delivery of this Agreement by both parties, pay to Landlord Tenant’s agreed upon share (66.50%) of (i) such construction management fee ($8,645.00), and (ii) the estimated New Chiller
Costs ($839,319.20), such costs deemed Additional Rent payable under the Lease. The parties each acknowledge that the Estimated Pricing Schedule set forth on Schedule 1 reflects the Contractor’s good faith estimate of the actual New
Chiller Costs which will be actually incurred, but that the final actual New Chiller Costs may differ from those set forth on Schedule 1, and no such discrepancy shall alleviate, lessen or otherwise modify a party’s responsibility for
its agreed upon share of the final actual New Chiller Costs; provided Landlord hereby agrees to (a) give Tenant prompt written notice of any estimated increase in the New Chiller Costs which exceeds five percent (5%) of the initial
estimated New Chiller Costs, and (b) to work with Tenant in good faith to reasonably address, to the extent possible, the factors which have caused such expected increase in the New Chiller Costs, as may be mutually agreed upon by the parties.
In the event that Tenant’s share of the final actual New Chiller Costs exceed the estimated amount paid to Landlord as required above ($839,319.20), then Tenant shall, within ten (10) days after receipt of written invoice including
reasonable cost verification documents, pay such excess amount to Landlord as Additional Rent under the Lease. If instead the estimated payment exceeds the Tenant’s share of the final actual New Chiller Costs, then Landlord shall refund such
overpayment to Tenant within ten (10) days after Landlord receives the final invoice from the Contractor for the actual New Chiller Costs. The parties agree that for the purposes of determining their respective shares of the New Chiller Costs, that
Tenant’s share shall be 66.50% and Landlord’s shall be 33.50%; provided any costs which result from any changes in the Scope of Work requested in writing by Tenant, or any unexpected costs which result from the negligent acts or omissions,
or willful misconduct of Tenant or its employees, agents, contractors, subcontractors, subtenants or consultants, shall be Tenant’s sole responsibility. 
 3. Landlord shall not change the Scope of Work (including the materials, equipment and components included therein) without Tenant’s prior written consent. Such consent shall not be unreasonably
withheld, conditioned or delayed. 
 4. The New Chiller Unit is and at all times shall remain the property of Landlord, and
shall be maintained by Landlord in accordance with the Lease. 
 5. After the New Chiller Work is complete, then, as part of
utilities and services provided by Landlord to Tenant pursuant to paragraph (d) of Exhibit G to the Original Lease, at all times during the Term and all extensions of the Term, Landlord shall allocate to Tenant’s Premises 566 tons
of cooling capacity and provide chilled water in quantities sufficient for Tenant to utilize that tonnage, subject to the applicable terms and conditions of the Lease. Tenant hereby acknowledges and agrees that Tenant shall be solely responsible for
any HVAC services, beyond the 566 tons that Landlord has allocated to Tenant’s Premises, which may be 

  
 -2-

 
needed or desired for the Service Areas or any other portions of the Premises, and that in the event that Tenant desires to obtain any such additional HVAC services, it shall be required to do so
at Tenant’s sole cost and expense and in accordance with the Lease, including without limitation Articles 9 and 15 thereof. 
 6. Upon the substantial completion of the New Chiller Work Landlord shall promptly perform its obligations under Section 2.7 of the First Amendment with respect to the installation of energy and
flow submeters at Landlord’s sole cost and expense. 
 7. Landlord hereby represents and warrants to Tenant that it has
dealt with no broker, finder or similar person in connection with this Agreement, and Tenant hereby represents and warrants to Landlord that it has dealt with no broker, finder or similar person in connection with this Agreement. Landlord and Tenant
shall each defend, indemnify and hold the other harmless with respect to all claims, causes of action, liabilities, losses, costs and expenses (including without limitation attorneys’ fees) arising from a breach of the foregoing representation
and warranty. 
 8. As additional consideration for this Agreement, Tenant and Landlord each hereby certifies to the other that:

 8.1 The Original Lease (as amended hereby) is in full force and effect. 

8.2 To its actual knowledge, there are no uncured defaults on the part of Landlord or Tenant under the Original Lease. 

9. Except as specifically provided herein, the terms and conditions of the Original Lease as amended hereby are confirmed and continue in
full force and effect. This Agreement shall be binding on the heirs, administrators, successors and assigns (as the case may be) of the parties hereto. This Agreement and the attached exhibits, which are hereby incorporated into and made a part of
this Agreement, set forth the entire agreement between the parties with respect to the matters set forth herein. There have been no additional oral or written representations or agreements. Any provisions of the Original Lease which entitles Tenant
to any Rent abatement, improvement allowance, leasehold improvements or other work to the Premises, or any similar economic incentives in connection with Tenant entering into the Original Lease, shall not be applicable to this Agreement; provided
this sentence shall not be deemed to terminate, lessen or modify any such economic incentives which are still outstanding under the Original Lease. In the case of any inconsistency between the provisions of the Original Lease and this Agreement, the
provisions of this Agreement shall govern and control. Neither party shall be bound by this Agreement until it has been fully executed and delivered by both parties. 
 10. Effective as of the date hereof, all references to the “Lease” shall refer to the Original Lease, as amended by this Agreement. 

11. To satisfy compliance with the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and
Section 4975(c) of the Internal Revenue Code, Tenant hereby certifies that the representations and warranties in Article 53 of the Original Lease are true and correct as of the date of this Agreement. 

  
 -3-

 12. As an inducement to each party to enter into this Agreement, each party hereby certifies
to the other party that the representations and warranties set forth in Section 34.3 of the Original Lease are true and correct as of the date of this Agreement. 
 Remainder of page intentionally left blank. 
 Signatures on following
page. 

  
 -4-

 IN WITNESS WHEREOF, this Agreement was executed as of the date first above written.

  

			
	Landlord:
	
	 THE PRUDENTIAL INSURANCE
 COMPANY OF AMERICA,

	 a New Jersey corporation

 

	

  

			
	Tenant:
	
	TELLABS OPERATIONS, INC.,
	 a Delaware corporation

 

	

  
 -5-

 Schedule 1 
 (cover sheet) 
 See Scope of Work and Estimated Pricing Schedule attached behind
this cover page. 

  
 Schedule 1

 (cover sheet) 

 Schedule 1 
 (all values are “tons of cooling”, unless noted otherwise) 
  

											
	 	  	 Existing Installed Load
	  	Additional
Capacity
Allocated 
to
Tenant	 	  	Total
Allocated
Capacity	 
	 5th floor
	  	                  94        
        	  	 	46	  	  	 	140	  
	 6th floor
	  	                    6      
          	  	 	236	  	  	 	242	  
		  	  
	  	  
	  
	 	  	  
	  
	 
		  	                100          
      	  	 	282	  	  	 	382	  

  

					
	Total capacity to be allocated by Landlord
(5th/6th floors)	  	200 tons	  	 (based on Landlord’s agreement to allocate 100 tons of cooling capacity per floor)

	Existing capacity allocated by Landlord
(5th/6th floors)	  	66 tons	  	
		  	  
	  	
	New capacity to be allocated by Landlord	  	134 tons	  	

  

					
	 	  	 	  	 Cost Sharing Breakdown:

	 Capacity of New Chiller Unit
	  	400 tons	  	 $1,262,134.00 (Estimated Pricing Schedule based on

Contractor’s proposal dated 6/20/11)

	 Portion to be funded by Landlord
	  	134 tons (33.5%)	  	$422,814.89
	 Portion to be funded by Tenant
	  	266 tons (66.5%)	  	$839,319.11
			
	 Tenant Cooling Capacity
	  	(in tons)	  	 
	
1st floor
	  	100	  	Allocated by Landlord at no cost to Tenant
	
5th floor
	  	100	  	Allocated by Landlord at no cost to Tenant
	
6th floor
	  	100	  	Allocated by Landlord at no cost to Tenant
	 Various areas within the Premises
	  	266	  	Purchased by Tenant
		  	  
	  	
	 Total Cooling Capacity for Tenant
	  	566	  	

 EXHIBIT B 

PREMISES 

  
 B-1

 

 
  

 

 
  

 

 
  

 EXHIBIT C 

LIST OF PERSONALTY 

  
 C-1

									
	 	  	Suite 101/150	 	  	Suite 501	 
	 Item
	  	Quantity	 	  	Quantity	 
	 Furnished hard wall offices
	  	 	20	  	  	 	30	  
	 Furnished cubicles
	  	 	98	  	  	 	171	  
	 Furnished Conference rooms
	  	 	11	  	  	 	16	  
	 Contents:
	  				  			
	 Projector & screen
	  	 	5	  	  	 	6	  
	 Tables
	  	 	11	  	  	 	16	  
	 Chairs
	  	 	70	  	  	 	136	  
	 Credenzas
	  	 	4	  	  	 	2	  
	 White boards
	  	 	16	  	  	 	13	  
	 Furnished break rooms
	  	 	2	  	  	 	2	  
	 Contents:
	  				  			
	 Tables
	  	 	6	  	  	 	8	  
	 Chairs
	  	 	24	  	  	 	24	  
	 Garbage cans
	  	 	6	  	  	 	6	  
	 Dishwashers
	  	 	2	  	  	 	2	  
	 Micro waves
	  	 	5	  	  	 	4	  
	 Refrigerators
	  	 	5	  	  	 	4	  
	 Coffee machines
	  	 	2	  	  	 	2	  
	 Furnished labs
	  	 	5	  	  	 	3	  
	 Contents:
	  				  			
	 Ladder racks
	  	 	Yes	  	  	 	Yes	  
	 Benches
	  	 	36	  	  	 	0	  
	 Shelves
	  	 	13	  	  	 	0	  
	 Cabinets
	  	 	3	  	  	 	0	  
	 Racks
	  	 	0	  	  	 	159	  
	 Furnished IDF rooms
	  	 	2	  	  	 	2	  
	 Contents:
	  				  			
	 Ladder racks
	  	 	Yes	  	  	 	Yes	  
	 Racks
	  	 	0	  	  	 	5	  

 EXHIBIT D 

SPACE PLAN 
 [See attached] 

  
 D-1

 

 
  

 

 
  

 

 
  

 

 
  

 EXHIBIT E 

DIRECT DEPOSIT INSTRUCTIONS 
  

			
	Bank:	  	
		
	Account Name:	  	
		
	ABA #:	  	
		
	Account Number:	  	

  
 E-1EX-10.19

 Exhibit 10.19 
 VIOLIN MEMORY, INC. 
 LOAN AND SECURITY AGREEMENT 

 This LOAN AND SECURITY AGREEMENT (this “Agreement”) is entered into as of July 18, 2013
between Comerica Bank (“Bank”) and Violin Memory, Inc. (“Borrower”). 
 RECITALS 

Borrower wishes to obtain credit from time to time from Bank, and Bank desires to extend credit to Borrower. This Agreement sets forth the terms on which
Bank will advance credit to Borrower, and Borrower will repay the amounts owing to Bank. 
 AGREEMENT 

The parties agree as follows: 
 1.
DEFINITIONS AND CONSTRUCTION. 
 1.1 Definitions. As used in this Agreement, all capitalized terms shall have the
definitions set forth on Exhibit A. Any term used in the Code and not defined herein shall, to the extent contemplated by this Agreement, have the meaning given to the term in the Code. 

1.2 Accounting Terms. Any accounting term not specifically defined on Exhibit A shall be construed in accordance with GAAP and all
calculations shall be made in accordance with GAAP. The term “financial statements” shall include the accompanying notes and schedules. 
 2. LOAN AND TERMS OF PAYMENT. 
 2.1 Credit Extensions. 

(a) Promise to Pay. Borrower promises to pay to Bank, in lawful money of the United States of America, the aggregate unpaid
principal amount of all Credit Extensions made by Bank to Borrower, together with interest on the unpaid principal amount of such Credit Extensions at rates in accordance with the terms hereof. 

(b) Advances Under Revolving Line. 
 (i) Amount. Subject to and upon the terms and conditions of this Agreement Borrower may request Advances in an aggregate outstanding amount not to exceed the lesser of (A) the Revolving Line
or (B) the Borrowing Base. Amounts borrowed pursuant to this Section 2.1(b) may be repaid and reborrowed at any time without penalty or premium prior to the Revolving Maturity Date, at which time all Advances under this Section 2.1(b)
shall be immediately due and payable. Notwithstanding the foregoing, Bank shall have no obligation to make Advances under this Section 2.1(b) until Bank’s receipt of an audit of Borrower’s Accounts, the results of which shall be
satisfactory to Bank (the “Initial Audit”). 
 (ii) Form of Request. Whenever Borrower desires an
Advance, Borrower will notify Bank by email, facsimile transmission or telephone no later than 3:00 p.m. Pacific time (12:00 p.m. Pacific time for wire transfers), on the Business Day that the Advance is to be made. Each such notification shall be
promptly confirmed by a Payment/Advance Form in substantially the form of Exhibit C. Bank is authorized to make Advances under this Agreement, based upon instructions received from a Responsible Officer, or without instructions if in
Bank’s discretion such Advances are necessary to meet Obligations which have become due and remain unpaid. Bank shall be entitled to rely on any email, facsimile or telephonic notice given by a person who Bank reasonably believes to be a
Responsible Officer, and Borrower shall indemnify and hold Bank harmless for any damages or loss suffered by Bank as a result of such reliance. Bank will credit the amount of Advances made under this Section 2.1(b) to Borrower’s deposit
account. 
 2.2 Overadvances. If the aggregate amount of the outstanding Advances exceeds the lesser of the Revolving Line
or the Borrowing Base at any time, Borrower shall promptly, but in any event within three (3) days 

 
after the earliest to occur of (a) Borrower’s receipt of notice thereof or (b) the date any Responsible Officer of Borrower becomes aware thereof, pay to Bank, in cash, the amount
of such excess. 
 2.3 Interest Rates, Payments, and Calculations. 

(a) Interest Rates. 
 (i) Advances. Except as set forth in Section 2.3(b), the Advances shall bear interest, on the outstanding daily balance thereof, as set forth in the Prime Referenced Rate Addendum to Loan and
Security Agreement attached hereto as Exhibit F. 
 (b) Payments. Bank shall, at its option, charge such interest, all
Bank Expenses, and all Periodic Payments against any of Borrower’s deposit accounts or against the Revolving Line, in which case those amounts shall thereafter accrue interest at the rate then applicable hereunder. Any interest not paid when
due shall be compounded by becoming a part of the Obligations, and such interest shall thereafter accrue interest at the rate then applicable hereunder. 
 2.4 Crediting Payments. Prior to the occurrence of an Event of Default, Bank shall credit a wire transfer of funds, check or other item of payment to such deposit account or Obligation as Borrower
specifies. After the occurrence of an Event of Default, Bank shall have the right, in its sole discretion, to immediately apply any wire transfer of funds, check, or other item of payment Bank may receive to conditionally reduce Obligations, but
such applications of funds shall not be considered a payment on account unless such payment is of immediately available federal funds or unless and until such check or other item of payment is honored when presented for payment. Notwithstanding
anything to the contrary contained herein, any wire transfer or payment received by Bank after 12:00 noon Pacific time shall be deemed to have been received by Bank as of the opening of business on the immediately following Business Day. Whenever
any payment to Bank under the Loan Documents would otherwise be due (except by reason of acceleration) on a date that is not a Business Day, such payment shall instead be due on the next Business Day, and additional fees or interest, as the case may
be, shall accrue and be payable for the period of such extension. 
 2.5 Fees. Borrower shall pay to Bank the following:

 (a) Bank Expenses. On the Closing Date, all Bank Expenses incurred through the Closing Date, and, after the Closing
Date, all Bank Expenses, as and when they become due. 
 2.6 Term. This Agreement shall become effective on the Closing
Date and, subject to Section 13.8, shall continue in full force and effect for so long as any Obligations remain outstanding or Bank has any obligation to make Credit Extensions under this Agreement. Notwithstanding the foregoing, Bank shall
have the right to terminate its obligation to make Credit Extensions under this Agreement immediately and without notice upon the occurrence and during the continuance of an Event of Default. Borrower may terminate this Agreement upon no less than
five (5) Business Days’ prior written notice thereof provided that, concurrently therewith, the Obligations shall be indefeasibly paid in full (other than inchoate indemnity obligations that, by the terms of this Agreement, survive until
all applicable statute of limitations periods with respect to actions that may be brought against Bank have run). In connection with the satisfaction of all of the Obligations and the termination of Bank’s commitment to extend additional credit
to Borrower, Bank shall, promptly upon the request of Borrower, prepare a payoff letter that will provide, among other things, for the release of Bank’s liens against Borrower’s assets. 

3. CONDITIONS OF LOANS. 

3.1 Conditions Precedent to Initial Credit Extension. The obligation of Bank to make the initial Credit Extension is subject to the
condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following: 
 (a) this
Agreement; 

  
 2 

 (b) an officer’s certificate of Borrower with respect to incumbency and resolutions
authorizing the execution and delivery of this Agreement; 
 (c) a financing statement (Form UCC-1) naming Borrower as debtor;

 (d) an intellectual property security agreement; 
 (e) agreement to furnish insurance; 
 (f) the TriplePoint Intercreditor Agreement,
together with fully executed copies of the TriplePoint Loan Documents; 
 (g) a copy of the Note and Warrant Purchase Agreement,
together with copies of all Notes (as defined in the Note and Warrant Purchase Agreement) executed in connection with the Note and Warrant Purchase Agreement on or before the Closing Date; 

(h) payment of the fees and Bank Expenses then due specified in Section 2.5; 

(i) current SOS Reports indicating that except for Permitted Liens, there are no other security interests or Liens of record in the
Collateral; 
 (j) current financial statements, including audited statements for Borrower’s most recently ended fiscal
year, together with an unqualified opinion (including no going concern comment or qualification other than a going concern comment or qualification related solely to Borrower not having sufficient cash to support twelve (12) months of
operation), company prepared consolidated and consolidating balance sheets and income statements for the most recently ended month in accordance with Section 6.2, and such other updated financial information as Bank may reasonably request;

 (k) current Compliance Certificate in accordance with Section 6.2; 

(l) an Automatic Loan Payment Authorization; and 
 (m) such other documents or certificates, and completion of such other matters, as Bank may reasonably request. 
 3.2 Conditions Precedent to all Credit Extensions. The obligation of Bank to make each Credit Extension, including the initial Credit Extension, is further subject to the following conditions:

 (a) timely receipt by Bank of the Payment/Advance Form as provided in Section 2.1; and 

(b) the representations and warranties contained in Article 5 shall be true and correct in all material respects on and as of the date of
such Payment/Advance Form and on the effective date of each Credit Extension as though made at and as of each such date (after giving effect to any updates to the Schedule made after the Closing Date and approved by Bank in writing; provided,
however, those updates with respect to “Subsidiaries”, “Litigation” and “Inbound Licenses” on the Schedule (and not with respect to any other information on the Schedule), shall be deemed approved by Bank by the
making of a Credit Extension provided that, not later than three (3) Business Days before the proposed effective date of such Credit Extension, Borrower delivers to Bank in writing a proposed Schedule indicating such updates with respect to
“Subsidiaries”, “Litigation” and “Inbound Licenses” on the Schedule), and no Event of Default shall have occurred and be continuing, or would exist after giving effect to such Credit Extension (provided, however, that
those representations and warranties expressly referring to another date shall be true, correct and complete in all material respects as of such date). The making of each Credit Extension shall be deemed to be a representation and warranty by
Borrower on the date of such Credit Extension as to the accuracy of the facts referred to in this Section 3.2. 
 4. CREATION OF
SECURITY INTEREST. 

  
 3 

 4.1 Grant of Security Interest. Borrower grants and pledges to Bank a continuing
security interest in the Collateral, now existing or hereafter acquired, to secure prompt repayment of any and all Obligations and to secure prompt performance by Borrower of each of its covenants and duties under the Loan Documents. Except as set
forth in the Schedule, and except for Permitted Liens that are not required to be subordinate to the Bank’s Liens under the Loan Documents, such security interest constitutes a valid, first priority security interest in the presently existing
Collateral, and will constitute a valid, first priority security interest in later-acquired Collateral. Notwithstanding any termination of this Agreement, Bank’s Lien on the Collateral shall remain in effect for so long as any Obligations are
outstanding. 
 4.2 Perfection of Security Interest. Borrower authorizes Bank to file at any time financing statements,
continuation statements, and amendments thereto that (i) either specifically describe the Collateral or describe the Collateral as all assets of Borrower of the kind pledged hereunder, and (ii) contain any other information required by the
Code for the sufficiency of filing office acceptance of any financing statement, continuation statement, or amendment, including whether Borrower is an organization, the type of organization and any organizational identification number issued to
Borrower, if applicable. Any such financing statements may be filed by Bank at any time in any jurisdiction whether or not Revised Article 9 of the Code is then in effect in that jurisdiction. Borrower shall from time to time endorse and deliver to
Bank, at the request of Bank, all Negotiable Collateral and other documents that Bank may reasonably request, in form satisfactory to Bank, to perfect and continue perfection of Bank’s security interests in the Collateral and in order to fully
consummate all of the transactions contemplated under the Loan Documents. Borrower shall have possession of the Collateral, except (i) where expressly otherwise provided in this Agreement, (ii) where Bank chooses to perfect its security
interest in such Collateral by possession, and the Code requires possession for perfection of Bank’s security interest in the Collateral, (iii) where the Code provides priority over other potential security interests by possession of such
Collateral, or (iv) at Bank’s sole discretion during the existence of an Event of Default. With respect to Collateral consisting of investment property, deposit accounts, letter-of-credit rights or electronic chattel paper (as such items
are defined in Revised Article 9 of the Code) in possession of a third party bailee, Borrower shall take such steps as Bank reasonably requests for Bank to obtain “control” (as defined in Revised Article 9 of the Code) of such Collateral
by causing the securities intermediary or depositary institution or issuing bank to execute a control agreement in form and substance reasonably satisfactory to Bank (it being agreed the Bank’s then-current standard form of applicable control
agreement shall be reasonably satisfactory to Bank). Borrower will not create any chattel paper without placing a legend on the chattel paper acceptable to Bank indicating that Bank has a security interest in the chattel paper. Borrower from time to
time may deposit with Bank specific cash collateral to secure specific Obligations; Borrower authorizes Bank to hold such specific balances in pledge and to decline to honor any drafts thereon or any request by Borrower or any other Person to pay or
otherwise transfer any part of such balances for so long as the specific Obligations are outstanding. 
 4.3 Right to
Inspect. Bank (through any of its officers, employees, or agents) shall have the right, from time to time during Borrower’s usual business hours: 
 (a) Upon reasonable prior notice, but no more than twice a year (excluding the Initial Audit and subject to Section 4.3(b) below), to check, test, audit and appraise Borrower’s Accounts, and to
inspect Borrower’s Books and to make copies thereof in connection with any such checks, tests, audits and appraisals of Borrower’s Accounts; and 
 (b) If an Event of Default has occurred and is continuing, without notice, to inspect Borrower’s Books and to make copies thereof and to check, test, audit and appraise the Collateral in order to
verify Borrower’s financial condition or the amount, condition of, or any other matter relating to, the Collateral. 
 4.4
Lock Box. 
 (a) Borrower agrees that the Obligations shall be on a “remittance basis”. Borrower shall at its
sole expense establish and maintain (and Bank, at Bank’s option, may establish and maintain at Borrower’s expense): 

(i) A United States Post Office lock box (the “Lock Box”), to which Bank shall have exclusive access and control. Borrower
expressly authorizes Bank, from time to time, to remove the contents 

  
 4 

 
from the Lock Box, for disposition in accordance with this Agreement. With respect to all Accounts initially invoiced after the date of this Agreement, Borrower agrees to notify all account
debtors and other parties obligated to Borrower that all payments made to Borrower (other than payments by electronic funds transfer) shall be remitted, for the credit of Borrower, to the Lock Box, and Borrower shall include a like statement on all
invoices; and 
 (ii) A non-interest bearing deposit account with Bank which shall be titled as designated by Bank (the
“Dominion of Funds Account”) to which Bank shall have exclusive access and control. With respect to all Accounts initially invoiced after the date of this Agreement, Borrower agrees to notify all account debtors and other parties obligated
to Borrower that all payments made to Borrower by electronic funds transfer shall be remitted to the Dominion of Funds Account, and Borrower shall include a like statement on all invoices. Borrower shall execute all documents and authorizations as
required by Bank to establish and maintain the Lock Box and the Dominion of Funds Account. 
 (b) Borrower shall hold in trust
for Bank all amounts that Borrower receives despite the directions to make payments to the Lock Box or Dominion of Funds Account, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper
endorsements for deposit into the Lock Box or Dominion of Funds Account, as applicable. 
 All items or amounts which are
remitted to the Dominion of Funds Account, or otherwise delivered by or for the benefit of Borrower to Bank on account of partial or full payment of, or with respect to, any Collateral shall, on a daily basis, be deposited to Borrower’s
operating account maintained at Bank. After the occurrence and during the continuance of an Event of Default, all items or amounts remitted to the Lock Box, the Dominion of Funds Account or that Bank has otherwise received shall, in Bank’s sole
discretion, be applied to the payment of any Obligations, whether then due or not, in such order or at such time of application as Bank may determine in its sole discretion. Borrower agrees that Bank shall not be liable for any loss or damage which
Borrower may suffer as a result of Bank’s processing of items or its exercise of any other rights or remedies under this Agreement, including without limitation indirect, special or consequential damages, loss of revenues or profits, or any
claim, demand or action by any third party arising out of or in connection with the processing of items or the exercise of any other rights or remedies under this Agreement. Borrower agrees to indemnify and hold Bank harmless from and against all
such third party claims, demands or actions, and all related expenses or liabilities, including, without limitation, attorney’s fees and INCLUDING CLAIMS, DAMAGES, FINES, EXPENSES, LIABILITIES OR CAUSES OF ACTION OF WHATEVER KIND RESULTING FROM
BANK’S OWN NEGLIGENCE except to the extent (but only to the extent) caused by Bank’s gross negligence or willful misconduct. 
 5.
REPRESENTATIONS AND WARRANTIES. 
 Borrower represents and warrants as follows: 

5.1 Due Organization and Qualification. Borrower and each Subsidiary of Borrower is an entity duly existing under the laws of the
jurisdiction in which it is incorporated or organized, as applicable, and qualified and licensed to do business in any state in which the conduct of its business or its ownership of property requires that it be so qualified, except where the failure
to do so could not reasonably be expected to cause a Material Adverse Effect. 
 5.2 Due Authorization; No Conflict. The
execution, delivery, and performance of the Loan Documents are within Borrower’s powers, have been duly authorized, and are not in conflict with nor constitute a breach of any provision contained in Borrower’s organizational documents, nor
will they constitute an event of default under any material agreement by which Borrower is bound. Borrower is not in default under any material agreement by which it is bound, except to the extent such default would not reasonably be expected to
cause a Material Adverse Effect. 
 5.3 Collateral. Borrower has rights in or the power to transfer the Collateral, and
its title to the Collateral is free and clear of Liens, adverse claims, and restrictions on transfer or pledge except for Permitted Liens. Except as permitted under Sections 6.6(b), 6.6(c) and 7.10, all Collateral is located solely in the Collateral
States. The Eligible Accounts are bona fide existing obligations. The property or services giving rise to such 

  
 5 

 
Eligible Accounts has been delivered or rendered to the account debtor or its agent for immediate shipment to and unconditional acceptance by the account debtor (except with respect to ongoing
maintenance and support obligations). Borrower has not received notice of actual or imminent Insolvency Proceeding of any account debtor whose accounts are included in any Borrowing Base Certificate as an Eligible Account. No licenses or agreements
giving rise to such Eligible Accounts is with any Prohibited Territory or, to the best knowledge of Borrower, with any Person organized under or doing business in a Prohibited Territory. All Inventory is in all material respects of good and
merchantable quality, free from all material defects, except for Inventory for which adequate reserves have been made. Except as set forth in the Schedule and as permitted under Section 6.6(b) and 6.6(c), none of Borrower’s Cash,
operating, deposit, investment or securities accounts is maintained or invested with a Person other than Bank or Bank’s Affiliates. 
 5.4 Intellectual Property Collateral. Borrower is the sole owner of the Intellectual Property Collateral (other than Intellectual Property Collateral that is licensed to Borrower), except for
non-exclusive licenses or exclusive licenses (which are limited in time, territory or field of use) granted by Borrower to its customers (including end users, distributors, OEMs, ODMs and strategic partners) in the ordinary course of business and
consistent with the manner in which Borrower has conducted its business prior to the date hereof. To the best of Borrower’s knowledge, each of the Copyrights, Trademarks and Patents is valid and enforceable, and no part of the Intellectual
Property Collateral has been judged invalid or unenforceable, in whole or in part, and no claim has been made in writing to Borrower that any part of the Intellectual Property Collateral violates the rights of any third party except to the extent
such claim could not reasonably be expected to cause a Material Adverse Effect. Except as set forth in the Schedule, Borrower’s rights as a licensee of intellectual property do not give rise to more than 5% of its gross revenue in any given
month, including without limitation revenue derived from the sale, licensing, rendering or disposition of any product or service. 
 5.5 Name; Location of Chief Executive Office. Except as disclosed in the Schedule, Borrower has not done business under any name other than that specified on the signature page hereof, and its
exact legal name is as set forth in the first paragraph of this Agreement. The chief executive office of Borrower is located in the Chief Executive Office State at the address indicated in Section 10 hereof (or at such other office that Bank
has been notified of pursuant to, and in compliance with, Section 7.2). 
 5.6 Actions, Suits, Litigation, or
Proceedings. Except as set forth in the Schedule, there are no actions, suits, litigation or proceedings, at law or in equity, pending by or against Borrower or any Subsidiary of Borrower before any court, administrative agency, or arbitrator in
which a likely adverse decision could reasonably be expected to have a Material Adverse Effect. Borrower acknowledges that disclosure of any such actions, suits, litigation or proceedings on the Schedule shall not in any way affect Bank’s
rights and remedies under this Agreement if any such actions, suits, litigation or proceedings disclosed on the Schedule result in the occurrence of an Event of Default. 
 5.7 No Material Adverse Change in Financial Statements. All consolidated and consolidating financial statements related to Borrower and any Subsidiary of Borrower that are delivered by Borrower to
Bank fairly present in all material respects Borrower’s consolidated and consolidating financial condition as of the date thereof and Borrower’s consolidated and consolidating results of operations for the period then ended. There has not
been a material adverse change in the consolidated or in the consolidating financial condition of Borrower since the date of the most recent of such financial statements submitted to Bank. 

5.8 Solvency, Payment of Debts. Borrower is able to pay its debts (including trade debts) as they mature; the fair saleable value
of Borrower’s assets (including goodwill minus disposition costs) exceeds the fair value of its liabilities; and Borrower is not left with unreasonably small capital after the transactions contemplated by this Agreement. 

5.9 Compliance with Laws and Regulations. Borrower and each Subsidiary have met the minimum funding requirements of ERISA with
respect to any employee benefit plans subject to ERISA. No event has occurred resulting from Borrower’s failure to comply with ERISA that is reasonably likely to result in Borrower’s incurring any liability that could reasonably be
expected to have a Material Adverse Effect. Borrower is not an “investment company” or a company “controlled” by an “investment company” within the meaning of the Investment Company Act of 1940. Borrower is not engaged
principally, or as one of the important activities, in the 

  
 6 

 
business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulations T, U, and X of the Board of Governors of the Federal Reserve System).
Borrower has complied in all material respects with all the provisions of the Federal Fair Labor Standards Act. Borrower is in compliance with all environmental laws, regulations and ordinances except where the failure to comply is not reasonably
likely to have a Material Adverse Effect. Borrower has not violated any statutes, laws, ordinances or rules applicable to it, the violation of which could reasonably be expected to have a Material Adverse Effect. Borrower and each Subsidiary of
Borrower have filed or caused to be filed all tax returns required to be filed, and have paid, or have made adequate provision for the payment of, all taxes reflected therein except those being contested in good faith with adequate reserves under
GAAP or where the failure to file such returns or pay such taxes could not reasonably be expected to have a Material Adverse Effect. 
 5.10 Subsidiaries. Except as set forth on the Schedule, Borrower does not own any stock, partnership interest or other equity securities of any Person, except for Permitted Investments. 

5.11 Government Consents. Borrower and each Subsidiary of Borrower have obtained all consents, approvals and authorizations of,
made all declarations or filings with, and given all notices to, all governmental authorities that are necessary for the continued operation of Borrower’s business as currently conducted, except where the failure to do so would not reasonably
be expected to cause a Material Adverse Effect. 
 5.12 Inbound Licenses. Except as disclosed on the Schedule, Borrower is
not a party to, nor is bound by, any inbound license agreement of Intellectual Property Collateral, the failure, breach, or termination of which could reasonably be expected to cause a Material Adverse Effect, or that prohibits or otherwise
restricts Borrower from granting a security interest in Borrower’s interest in such license agreement or any other property. 
 5.13 Full Disclosure. To the best of Borrower’s knowledge, as of the date made or deemed made, no representation, warranty or other statement made by Borrower in any certificate or written
statement furnished to Bank taken together with all such certificates and written statements furnished to Bank contains any untrue statement of a material fact or omits to state a material fact necessary in order to make the statements contained in
such certificates or statements not misleading, it being recognized by Bank that the projections and forecasts provided by Borrower in good faith and based upon reasonable assumptions are not to be viewed as facts and that actual results during the
period or periods covered by any such projections and forecasts may differ from the projected or forecasted results. 
 6. AFFIRMATIVE
COVENANTS. 
 Borrower covenants that, until payment in full of all outstanding Obligations, and for so long as Bank may have
any commitment to make a Credit Extension hereunder, Borrower shall do all of the following: 
 6.1 Good Standing and
Government Compliance. Borrower shall maintain its existence and good standing in the Borrower State, shall maintain qualification and good standing in each other jurisdiction in which the failure to so qualify could reasonably be expected to
have a Material Adverse Effect, and shall furnish to Bank the organizational identification number issued to Borrower by the authorities of the jurisdiction in which Borrower is organized, if applicable. Borrower shall meet, and shall cause each
Subsidiary to meet, the minimum funding requirements of ERISA with respect to any employee benefit plans subject to ERISA. Borrower shall comply in all material respects with all applicable Environmental Laws, and maintain all material permits,
licenses and approvals required thereunder where the failure to do so could reasonably be expected to have a Material Adverse Effect. Borrower shall comply, and shall cause each Subsidiary to comply, with all statutes, laws, ordinances and
government rules and regulations to which it is subject, and shall maintain, and shall cause each of its Subsidiaries to maintain, in force all licenses, approvals and agreements, the loss of which or failure to comply with which would reasonably be
expected to have a Material Adverse Effect. 
 6.2 Financial Statements, Reports, Certificates. 

(a) Borrower shall deliver to Bank: 

  
 7 

 (i) as soon as available, but in any event (x) within thirty (30) days after the end
of each calendar month ending on or before the date of Borrower’s initial public offering, and (y) within thirty (30) days after the end of each fiscal quarter ending after the date of Borrower’s initial public offering, a company
prepared consolidated and consolidating balance sheet and income statement covering Borrower’s and its Subsidiaries’ operations during such period, and in a form consistent with industry standards and certified by a Responsible Officer;

 (ii) as soon as available, but in any event within one hundred eighty (180) days after the end of each fiscal year of
Borrower, audited consolidated and consolidating financial statements of Borrower prepared in accordance with GAAP, consistently applied, together with an opinion which is unqualified (including no going concern comment or qualification other than a
going concern comment or qualification related solely to Borrower not having sufficient cash to support twelve (12) months of operation as a result of the timing of an equity raise, and not as a result of Borrower’s operations) or
otherwise consented to in writing by Bank on such financial statements by a nationally recognized and reputable independent certified public accounting firm; 
 (iii) if applicable, copies of all statements, reports and notices sent or made available generally by Borrower to its security holders or to any holders of Subordinated Debt and all reports on Forms 10-K
and 10-Q filed with the Securities and Exchange Commission; 
 (iv) promptly upon receipt of notice thereof, a report of any
legal actions pending or threatened against Borrower or any Subsidiary that could result in damages or costs to Borrower or any Subsidiary of Five Hundred Thousand Dollars ($500,000.00) or more; 

(v) promptly upon receipt, each management letter prepared by Borrower’s independent certified public accounting firm regarding
Borrower’s management control systems; 
 (vi) (A) as soon as available, but in any event not later than thirty (30)
days after the beginning of each fiscal year of Borrower, Borrower’s financial and business projections and budget for such fiscal year, which shall include a revenue plan for such fiscal year, and (B) promptly, but in any event within thirty
(30) days after the applicable board meeting, copies of Borrower’s board-approved financial and business projections and budget (and any board-approved updates thereto); 
 (vii) such budgets, sales projections, operating plans or other financial information generally prepared by Borrower in the ordinary course of business as Bank may reasonably request from time to time;
and 
 (viii) within thirty (30) days of the last day of each fiscal year, a report signed by Borrower, in form reasonably
acceptable to Bank, listing any applications or registrations that Borrower has made or filed in respect of any Patents, Copyrights or Trademarks and the status of any outstanding applications or registrations, as well as any material change in
Borrower’s Intellectual Property Collateral, including but not limited to any subsequent ownership right of Borrower in or to any Trademark, Patent or Copyright not specified in Exhibits A, B, and C of any Intellectual Property Security
Agreement delivered to Bank by Borrower in connection with this Agreement. 
 (b) Borrower shall deliver to Bank a Borrowing Base
Certificate signed by a Responsible Officer in substantially the form of Exhibit D hereto, together with aged listings by invoice date of accounts receivable and accounts payable within ten (10) days after the end of each month.

 (c) As soon as available, but in any event (i) within thirty (30) days after the end of each calendar month ending
on or before the date of Borrower’s initial public offering, and (ii) within thirty (30) days after the end of each fiscal quarter ending after the date of Borrower’s initial public offering, Borrower shall deliver to Bank a
Compliance Certificate certified as of the last day of such period and signed by a Responsible Officer in substantially the form of Exhibit E hereto. 

  
 8 

 (d) As soon as possible and in any event within two (2) Business Days after upon
becoming aware of the occurrence or existence of an Event of Default hereunder, a written statement of a Responsible Officer setting forth in reasonable detail the details of the Event of Default, and the action which Borrower has taken or proposes
to take with respect thereto. 
 Borrower may deliver to Bank on an electronic basis any certificates, reports or information
required pursuant to this Section 6.2, and Bank shall be entitled to rely on the information contained in the electronic files, provided that Bank in good faith believes that the files were delivered by a Responsible Officer. If Borrower
delivers this information electronically, it shall also deliver to Bank by U.S. Mail, reputable overnight courier service, hand delivery, facsimile or .pdf file within five (5) Business Days of submission of the unsigned electronic copy the
certification of monthly financial statements, the intellectual property report, the Borrowing Base Certificate and the Compliance Certificate, each bearing the physical signature of the Responsible Officer. 

6.3 Inventory; Returns. Borrower shall keep all Inventory in good and merchantable condition, free from all material defects except
for Inventory for which adequate reserves have been made. Returns and allowances, if any, as between Borrower and its account debtors shall be on the same basis and in accordance with the usual customary practices of Borrower, as they exist on the
Closing Date (it being acknowledged that the amount of such returns and allowances may vary from time to time). Borrower shall promptly notify Bank of all returns and recoveries and of all disputes and claims involving more than Five Hundred
Thousand Dollars ($500,000.00). 
 6.4 Taxes. Borrower shall make, and cause each of its Subsidiaries to make, due and
timely payment or deposit of all material federal, state, and local taxes, assessments, or contributions required of it by law, including, but not limited to, those laws concerning income taxes, F.I.C.A., F.U.T.A. and state disability, and will
execute and deliver to Bank, on demand, proof satisfactory to Bank indicating that Borrower or a Subsidiary of Borrower has made such payments or deposits and any appropriate certificates attesting to the payment or deposit thereof; provided that
Borrower or a Subsidiary of Borrower need not make any payment if the amount or validity of such payment is contested in good faith by appropriate proceedings and is reserved against (to the extent required by GAAP) by Borrower or its Subsidiary, as
applicable. 
 6.5 Insurance. 
 (a) Borrower, at its expense, shall keep the Collateral insured against loss or damage by fire, theft, explosion, sprinklers, and all other hazards and risks, and in such amounts, as ordinarily insured
against by other owners in similar businesses conducted in the locations where Borrower’s business is conducted on the date hereof. Borrower shall also maintain liability and other insurance in amounts and of a type that are customary to
businesses similar to Borrower’s. 
 (b) All such policies of insurance shall be in such form, with such companies, and in
such amounts as reasonably satisfactory to Bank (it being agreed that the amount of the insurance, the insurance companies, and the insurance policies, certificates and endorsements, maintained by Borrower as of the Closing Date are satisfactory to
Bank unless and until Bank provides 30 days prior written notice to Borrower that any such amount, companies, policies, certificates and/or endorsements are not acceptable in Bank’s reasonable determination). All policies of property insurance
shall contain a lender’s loss payable endorsement, in a form reasonably satisfactory to Bank, showing Bank as an additional loss payee, and all liability insurance policies shall show Bank as an additional insured and specify that the insurer
must give at least twenty (20) days notice to Bank before canceling its policy for any reason. Upon Bank’s request, Borrower shall deliver to Bank certified copies of the policies of insurance and evidence of all premium payments. If no
Event of Default has occurred and is continuing, proceeds payable under any casualty policy will, at Borrower’s option, be payable to Borrower to replace the property subject to the claim, provided that any such replacement property shall be
deemed Collateral in which Bank has been granted a first priority security interest (subject to Permitted Liens that are not required to be subordinate to Bank’s Liens under the terms of any Loan Document). If an Event of Default has occurred
and is continuing, all proceeds payable under any such policy shall, at Bank’s option, be payable to Bank to be applied on account of the Obligations. 
 6.6 Accounts. Borrower shall maintain its primary operating and investment accounts with Bank. Notwithstanding the foregoing, 

  
 9 

 (a) Borrower shall be permitted to maintain its existing accounts with financial
institutions other than Bank (“Existing Bank Accounts”) for one hundred eighty days (180) days after the Closing Date, provided that (i) Borrower transfers, or causes to be transferred, the balances of all Existing Bank Accounts
to Borrower’s account(s) maintained at Bank within thirty (30) days after the Closing Date (“Transfer Date”), (ii) Borrower transfers, or causes to be transferred, to Borrower’s account(s) maintained at Bank, any
amounts deposited into the Existing Bank Accounts after the Transfer Date, within three (3) Business Days after such amounts are deposited into the Existing Bank Accounts, and (iii) all Existing Bank Accounts are closed within one hundred
eighty days (180) days after the Closing Date; and 
 (b) After the date of Borrower’s initial public offering,
Borrower shall be permitted to maintain investment accounts with financial institutions other than Bank (each, a “Post IPO Account”), provided that Bank is perfected by control with respect to each such Post IPO Account; and 

(c) Notwithstanding subsections 6.6(a) and (c) above, Borrower and its Subsidiaries may maintain operating accounts in countries in
which Bank does not have a branch office (“Foreign Operating Accounts”), provided that the aggregate balance of all such Foreign Operating Accounts in respect of which there are not control agreements between the institution at which such
Foreign Operating Account is maintained and Bank (in form and substance satisfactory to Bank) does not exceed Two Million Dollars ($2,000,000.00) at any time. 
 6.7 [Reserved]. 
 6.8 Registration of Intellectual Property Rights.

 (a) Borrower shall promptly register or cause to be promptly registered (to the extent not already registered) with the United
States Patent and Trademark Office or the United States Copyright Office, as the case may be, those registrable intellectual property rights now owned or hereafter developed or acquired by Borrower, to the extent that Borrower, in its reasonable
business judgment, deems it appropriate to so protect such intellectual property rights. 
 (b) Borrower shall promptly give Bank
written notice of any applications or registrations of Patents or Trademarks filed with the United States Patent and Trademark Office that are not identified on the Exhibits to the Intellectual Property Security Agreement dated as of the Closing
Date between Borrower and Bank, including the date of such filing and the registration or application numbers, if any. 
 (c)
Borrower shall (i) give Bank not less than thirty (30) days prior written notice of the filing of any applications or registrations with the United States Copyright Office, including the title of such Copyrights to be registered, as such
title will appear on such applications or registrations, and the approximate date such applications or registrations will be filed; (ii) prior to the filing of any such applications or registrations, execute such documents as Bank may reasonably
request for Bank to maintain its perfection in such Copyrights to be registered by Borrower; (iii) upon the reasonable request of Bank, either deliver to Bank or file such documents simultaneously with the filing of any such applications or
registrations; (iv) upon filing any such applications or registrations, promptly provide Bank with a copy of such applications or registrations together with any exhibits, evidence of the filing of any documents requested by Bank to be filed for
Bank to maintain the perfection and priority of its security interest in such Copyrights, and the date of such filing. 
 (d)
Borrower shall execute and deliver such additional instruments and documents from time to time as Bank shall reasonably request to perfect and maintain the perfection and priority of Bank’s security interest in the Intellectual Property
Collateral. 
 (e) Borrower shall use commercially reasonable efforts to (i) protect, defend and maintain the validity and
enforceability of its material Trademarks, Patents, Copyrights, and trade secrets, (ii) investigate known infringements of its material Trademarks, Patents and Copyrights and promptly advise Bank in writing of material infringements detected and
(iii) not allow any material Trademarks, Patents or Copyrights to be abandoned, forfeited or dedicated to the public without the written consent of Bank, which shall not be unreasonably withheld. 

  
 10 

 (f) Bank shall have the right, but not the obligation, to take, at Borrower’s sole
reasonable expense, any actions that Borrower is required under this Section 6.8 to take but which Borrower fails to take, after fifteen (15) days’ written notice to Borrower. 

6.9 Consent of Inbound Licensors. Prior to entering into or becoming bound by any inbound license agreement (other than (i)
licenses of open source, off-the-shelf or over-the-counter software that is commercially available or available to the public, and (ii) to the extent such agreements grant a licenses, evaluation agreements, personnel agreements, and non-disclosure
agreements), the failure, breach, or termination of which could reasonably be expected to cause a Material Adverse Effect, Borrower shall: (i) to the extent it is permitted to do so, provide written notice to Bank of the material terms of such
license with a description of its likely impact on Borrower’s business or financial condition; and (ii) in good faith take such actions as Bank may reasonably request to obtain the consent of, or waiver by, any person whose consent or
waiver is necessary for (A) Borrower’s interest in such license agreements to be deemed Intellectual Property Collateral and for Bank to have a security interest in it that might otherwise be restricted by the terms of the applicable
license agreement, and (B) Bank to have the ability in the event of a liquidation of any Intellectual Property Collateral to dispose of such Intellectual Property Collateral in accordance with Bank’s rights and remedies under this
Agreement and the other Loan Documents, provided, however, that the failure to obtain any such consent or waiver shall not constitute a default under this Agreement. 
 6.10 Further Assurances. At any time and from time to time Borrower shall execute and deliver such further instruments and take such further action as may reasonably be requested by Bank to effect
the purposes of this Agreement. 
 6.11 Subsidiaries. If at any time, Borrower creates or acquires any Subsidiary,
Borrower and such Subsidiary will promptly notify Bank of the creation or acquisition of such new Subsidiary and take all such action as Bank may reasonably require to cause such Subsidiary to guaranty the Obligations and grant a continuing pledge
and security interest in and to the assets of such Subsidiary, and Borrower shall grant and pledge to Bank a first priority, perfected security interest in the stock, units or other evidence of ownership of such Subsidiary; provided, however, such
obligation shall not extend to any shares with aggregate voting rights in excess of 65% of the total voting rights of any Foreign Subsidiary that is not a Material Foreign Subsidiary and no Foreign Subsidiary that is not a Material Foreign
Subsidiary shall be required to guaranty the Secured Obligations or grant a security interest in any of its assets. 
 6.12
Note and Warrant Purchase Agreement. Borrower shall furnish, or cause to be furnished, to Bank (a) as soon as possible, but in any event no later than August 18, 2013, an Acceptable Subordination Agreement, executed by (i) each
Lender (as defined in the Note and Warrant Purchase Agreement), and (ii) if the Subsequent Closing (as defined in the Note and Warrant Purchase Agreement) occurs, each Contingent Closing Lender (as defined in the Note and Warrant Purchase
Agreement), and (b) promptly, but in any event within five (5) days of execution, copies of all Notes (as defined in the Note and Warrant Purchase Agreement) executed in connection with the Note and Warrant Purchase Agreement after the
Closing Date. For clarity, the delivery to Bank of any such Note after the Closing Date shall not to be deemed a consent to Borrower’s incurrence of the Indebtedness evidenced by such Note. 

7. NEGATIVE COVENANTS. 

Borrower covenants and agrees that, so long as any credit hereunder shall be available and until the outstanding Obligations are paid in
full or for so long as Bank may have any commitment to make any Credit Extensions, Borrower will not do any of the following without Bank’s prior written consent: 
 7.1 Dispositions. Except for Permitted Transfers, convey, sell, lease, license, transfer or otherwise dispose of (collectively, to “Transfer”), or permit any of its Subsidiaries to
Transfer, all or any part of its business or property, or subject to Section 6.6 of the Agreement, move cash balances on deposit with Bank to accounts opened at another financial institution. 

7.2 Change in Name, Location, Executive Office, or Executive Management; Change in Business; Change in Fiscal Year; Change in
Control. Change its name or the Borrower State or relocate its chief executive office without thirty (30) days prior written notification to Bank; replace its chief executive officer or chief financial 

  
 11 

 
officer without written notification to Bank within 5 Business Days after such replacement; engage in any business, or permit any of its Subsidiaries to engage in any business, other than the
businesses currently engaged in by Borrower and businesses reasonably related or incidental to such businesses; change its fiscal year end; or have a Change in Control (other than a Permitted Change in Control). 

7.3 Mergers or Acquisitions. 
 (a) Merge or consolidate, or permit any of its Subsidiaries to merge or consolidate, with or into any other business organization other than (i) acquisitions permitted under clause (b) below, (ii)
mergers or consolidations of a Subsidiary into another Subsidiary or into Borrower (provided Borrower is the surviving entity), or (iii) transactions that do not involve the payment of consideration in the aggregate in excess of One Hundred Thousand
Dollars ($100,000.00) during any fiscal year so long as no Event of Default has occurred, is continuing or would exist after giving effect to such transactions, such transactions do not result in a Change in Control (other than a Permitted Change in
Control), and Borrower, or, with respect to mergers and consolidations of a Subsidiary with a Person other than Borrower, the applicable Subsidiary, is the surviving entity. 
 (b) Acquire, or permit any of its Subsidiaries to acquire, all or substantially all of the capital stock or property of another Person, or enter into any agreement to do any of the same, except for
Permitted Acquisitions. 
 7.4 Indebtedness. Create, incur, assume, guarantee or be or remain liable with respect to any
Indebtedness, or permit any of its Subsidiaries to do so, other than Permitted Indebtedness, or prepay any Indebtedness or take any actions which impose on Borrower an obligation to prepay any Indebtedness, except (a) Indebtedness to Bank, and
(b) provided no Event of Default has occurred and is continuing, or would result after giving pro forma effect to the making of any such prepayment, prepayments of Indebtedness to TriplePoint. 

7.5 Encumbrances. Create, incur, assume or allow any Lien with respect to any of its property, or assign or otherwise convey any
right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries so to do, except for Permitted Liens, or covenant to any other Person that Borrower in the future will refrain from creating, incurring, assuming or
allowing any Lien with respect to any of Borrower’s property. 
 7.6 Distributions. Pay any dividends or make any
other distribution or payment on account of or in redemption, retirement or purchase of any capital stock, other than Permitted Stock Repurchases. 
 7.7 Investments. Directly or indirectly acquire or own, or make any Investment in or to any Person, or permit any of its Subsidiaries so to do, other than Permitted Investments, or, subject to
Section 6.6, maintain any of its Cash or operating, deposit, investment or securities accounts with a Person other than Bank or Bank’s Affiliates or permit any of its Subsidiaries to do so unless such Person has entered into a control
agreement with Bank, in form and substance satisfactory to Bank, or suffer or permit any of its Subsidiaries to be a party to, or be bound by, an agreement that restricts such Subsidiary of Borrower from paying dividends or otherwise distributing
property to Borrower. Further, Borrower shall not enter into any license or agreement with any Prohibited Territory or with any Person organized under or doing business in a Prohibited Territory. 

7.8 Transactions with Affiliates. Directly or indirectly enter into or permit to exist any material transaction with any Affiliate
of Borrower except for (i) transactions that are in the ordinary course of Borrower’s business, upon fair and reasonable terms that are no less favorable to Borrower than would be obtained in an arm’s length transaction with a
non-affiliated Person, (ii) equity investments from existing investors and their Affiliates provided that no Event of Default has occurred and is continuing on the date of such transaction, or would result after giving pro forma effect to such
transaction, and (iii) Subordinated Debt. 
 7.9 Subordinated Debt. Make any payment in respect of any Subordinated Debt,
or permit any of its Subsidiaries to make any such payment, except in compliance with the terms of such Subordinated Debt and the terms of the subordination agreement relating to such Subordinated Debt, or amend any provision of any document
evidencing such Subordinated Debt, except in compliance with the terms of the subordination agreement relating to such Subordinated Debt, or amend any provision in a manner that could reasonably be expected to adversely affect 

  
 12 

 
Bank’s rights contained in any documentation relating to the Subordinated Debt without Bank’s prior written consent. Bank and Borrower acknowledge and agree that any equity securities,
including any shares of Borrower’s common stock or preferred stock, issued by Borrower to a creditor in connection with Subordinated Debt with or as a result of the conversion of the promissory note evidencing such Subordinated Debt, shall not
be deemed “Subordinated Debt” for purposes of this Section. 
 7.10 Inventory and Equipment. Relocate any
material item of the Collateral outside of the ordinary course of business unless such relocation does not adversely affect the perfection or priority of Bank’s security interest in any of the Collateral, it being agreed that Bank’s
security interest will not be adversely affect with respect to any Collateral where Borrower obtained and maintains acknowledgments, consents, waivers and agreements from: (a) the owner, Lien holder, mortgagee and landlord with respect to any
real property on which such Collateral is located or (b) from any Person in possession of such Collateral, all in form and substance reasonably satisfactory to Bank. Notwithstanding the foregoing and for the avoidance of doubt, Bank
acknowledges that the following are within Borrower’s ordinary course of business and shall not require any acknowledgements, consents, waivers and agreements: (i) transfers of Inventory to Subsidiaries for the purpose of supporting and
developing the business of such Subsidiary, (ii) relocation of up to Fifteen Million Dollars ($15,000,000.00) in aggregate in Inventory to customers and potential customers, and (iii) relocation of up to One Million Dollars ($1,000,000.00) in
Inventory to one or more strategic partners or potential partners (determined on a per partner basis). Except as provided above, Borrower shall keep the Inventory and Equipment only at the location set forth in Section 10, the then-current
Schedule, and such other locations of which Borrower gives Bank prior written notice. 
 7.11 No Investment Company; Margin
Regulation. Become or be controlled by an “investment company,” within the meaning of the Investment Company Act of 1940, or become principally engaged in, or undertake as one of its important activities, the business of extending
credit for the purpose of purchasing or carrying margin stock, or use the proceeds of any Credit Extension for such purpose. 

7.12 Amendment of TriplePoint Loan Documents. Amend, modify or otherwise alter (or suffer to be amended, modified or altered) the
TriplePoint Loan Documents without the prior written consent of Bank, except to the extent expressly permitted in the TriplePoint Intercreditor Agreement. 
 7.13 Note and Warrant Purchase Agreement. Amend any provision of the Note and Warrant Purchase Agreement or any Note (as defined in the Note and Warrant Purchase Agreement), in each case, in a
manner that could reasonably be expected to adversely affect Bank’s rights contained in any documentation relating to the Note and Warrant Purchase Agreement or any Note without Bank’s prior written consent. 

8. EVENTS OF DEFAULT. 

Any one or more of the following events shall constitute an Event of Default by Borrower under this Agreement: 

8.1 Payment Default. If (i) Borrower fails to pay any principal or interest due under this Agreement when due, or (ii)
Borrower fails to pay, within three (3) Business Days after becoming due, any fees, costs or other Obligations under this Agreement or any of the other Loan Documents (other than principal or interest). 

8.2 Covenant Default. 
 (a) If Borrower fails to perform any obligation under Section 6.2, 6.5, 6.6, 6.7, or 6.12 or violates any of the covenants contained in Article 7 of this Agreement; 

(b) If Borrower fails or neglects to perform any obligation under Section 6.1, 6.3, 6.4, 6.8, 6.9, or 6.10 and has failed to cure
such default within ten (10) days after the earlier to occur of (i) Borrower’s receipt of notice thereof or (ii) the date any officer of Borrower becomes aware thereof; however during such cure period no Credit Extensions will be
made; or 

  
 13 

 (c) If Borrower fails or neglects to perform or observe any other material term, provision,
condition, covenant contained in this Agreement, in any of the Loan Documents, or in any other present or future agreement between Borrower and Bank and as to any default under such other term, provision, condition or covenant that can be cured, has
failed to cure such default within twenty (20) days after Borrower receives notice thereof or any officer of Borrower becomes aware thereof; provided, however, that if the default cannot by its nature be cured within the twenty (20) day
period or cannot after diligent attempts by Borrower be cured within such twenty (20) day period, and such default is likely to be cured within a reasonable time, then Borrower shall have an additional reasonable period (which shall not in any
case exceed thirty (30) days) to attempt to cure such default, so long as Borrower continues to diligently attempt to cure such default, and within such reasonable time period the failure to have cured such default shall not be deemed an Event
of Default but no Credit Extensions will be made; 
 8.3 Material Adverse Change. If there occurs either (a) any
event or circumstance occurs that would reasonably be expected (in context of Borrower’s business and operations as a whole) to have a material adverse effect on (i) Borrower’s ability to perform the Obligations in accordance with the
terms of the Loan Documents, including a material impairment of the prospect of repayment of any material portion of the Obligations or Bank’s ability to enforce its rights and remedies with respect to the Obligations in accordance with the
terms of the Loan Documents, or (ii) the Collateral or Bank’s security interest in the Collateral or the priority of such security interest, in each case, determined on a consolidated basis among Borrower and its Subsidiaries or
(b) Borrower fails to achieve at least fifty percent (50%) of the projected revenue in any revenue plan provided to Bank pursuant to Section 6.2 for any period set forth therein; provided that no Event of Default shall be deemed to be
in effect as a result of clause (a) unless and until Bank have provided Borrower with notice of such occurrence and Borrower and Bank have discussed in good faith a potential resolution for no less than ten (10) Business Days. 

8.4 Attachment. If any material portion of Borrower’s or any of its Subsidiaries’ assets is attached, seized, subjected
to a writ or distress warrant, or is levied upon, or comes into the possession of any trustee, receiver or person acting in a similar capacity and such attachment, seizure, writ or distress warrant or levy has not been removed, discharged or
rescinded within ten (10) days, or if Borrower or any of its Subsidiaries is enjoined, restrained, or in any way prevented by court order from continuing to conduct all or any material part of its business affairs (determined on a consolidated
basis), or if a judgment or other claim becomes a lien or encumbrance upon any material portion of Borrower’s or any of its Subsidiaries’ assets, or if a notice of lien, levy, or assessment is filed of record with respect to any of
Borrower’s or any of its Subsidiaries’ assets by the United States Government, or any department, agency, or instrumentality thereof, or by any state, county, municipal, or governmental agency, and the same is not paid within ten
(10) days after Borrower or such Subsidiary of Borrower, as applicable, receives notice thereof, provided that none of the foregoing shall constitute an Event of Default where such action or event is stayed or an adequate bond has been posted
pending a good faith contest by Borrower or a Subsidiary of Borrower, as applicable (provided that no Credit Extensions will be made during such cure period); 
 8.5 Insolvency. If Borrower or a Subsidiary of Borrower becomes insolvent (determined on a consolidated basis), or if an Insolvency Proceeding is commenced by Borrower or a Subsidiary of Borrower,
or if an Insolvency Proceeding is commenced against Borrower or a Subsidiary of Borrower and is not dismissed or stayed within thirty (30) days (provided that no Credit Extensions will be made prior to the dismissal of such Insolvency Proceeding);

 8.6 Other Agreements. If there is a default (a) that has not been cured or waived within any applicable grace
period under any lease, loan, or other agreement or obligation of Borrower or any of its Subsidiaries where the amount of such obligation(s) individually or in the aggregate exceed Two Hundred Fifty Thousand Dollars ($250,000.00), which default
could reasonably be expected to have a Material Adverse Effect (it being agreed that trade payables less than 60 days past due will not be deemed in default), or (b) under any TriplePoint Loan Document; 

8.7 Subordinated Debt. If Borrower or any of its Subsidiaries makes any payment on account of Subordinated Debt, except to the
extent such payment is allowed under the terms of any subordination agreement entered into with Bank; 
 8.8 Judgments;
Settlements. If one or more (a) judgments, orders, decrees or arbitration awards requiring the Borrower and/or its Subsidiaries to pay an aggregate amount of Two Hundred Fifty Thousand Dollars

  
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($250,000.00) or greater that is not covered by adequate insurance from a solvent carrier with no recourse against Borrower or the applicable Subsidiary, shall be rendered against Borrower and/or
its Subsidiaries and the same could reasonably be expected to have a Material Adverse Effect and shall not have been vacated or stayed within ten (10) days thereafter (provided that no Credit Extensions will be made prior to such matter being
vacated or stayed); or (b) settlements is agreed upon by Borrower and/or its Subsidiaries for the payment by Borrower and/or its Subsidiaries of an aggregate amount Two Hundred Fifty Thousand Dollars ($250,000.00) or greater that is not covered
by adequate insurance from a solvent carrier with no recourse against Borrower or the applicable Subsidiary and the same could reasonably be expected to have a Material Adverse Effect; 

8.9 Misrepresentations. If any material misrepresentation or material misstatement exists now or hereafter in any warranty or
representation set forth herein or in any certificate delivered to Bank by any Responsible Officer pursuant to this Agreement or to induce Bank to enter into this Agreement or any other Loan Document; or 

8.10 Guaranty. If any guaranty of all or a portion of the Obligations (each, a “Guaranty”) ceases for any reason to be in
full force and effect, or any guarantor fails to perform any obligation under any Guaranty or a security agreement securing any Guaranty (collectively, the “Guaranty Documents”), or any event of default occurs under any Guaranty Document
or any guarantor revokes or purports to revoke a Guaranty, or any material misrepresentation or material misstatement exists now or hereafter in any warranty or representation set forth in any Guaranty Document or in any certificate delivered to
Bank in connection with any Guaranty Document, or if any of the circumstances described in Sections 8.3 through 8.9 occur with respect to any guarantor, or any default occurs in the payment of any obligation of any guarantor of the Obligations to
Bank, or in the observance or performance of any conditions, covenants or agreements related or given with respect to any such obligation. 
 9.
BANK’S RIGHTS AND REMEDIES. 
 9.1 Rights and Remedies. Upon the occurrence and during the continuance of an
Event of Default, Bank may, at its election, without notice of its election and without demand, do any one or more of the following, all of which are authorized by Borrower: 
 (a) Declare all Obligations, whether evidenced by this Agreement, by any of the other Loan Documents, or otherwise, immediately due and payable (provided that upon the occurrence of an Event of Default
described in Section 8.6 (insolvency), all Obligations shall become immediately due and payable without any action by Bank); 
 (b) Demand that Borrower (i) deposit cash with Bank in an amount equal to the amount of any Letters of Credit remaining undrawn as collateral security for the repayment of any future drawings under such
Letters of Credit, and (ii) pay in advance all Letter of Credit fees scheduled to be paid or payable over the remaining term of the Letters of Credit, and Borrower shall promptly deposit and pay such amounts; 

(c) Cease advancing money or extending credit to or for the benefit of Borrower under this Agreement or under any other agreement between
Borrower and Bank; 
 (d) Settle or adjust disputes and claims directly with account debtors for amounts, upon terms and in
whatever order that Bank reasonably considers advisable; 
 (e) Make such payments and do such acts as Bank considers necessary
or reasonable to protect its security interest in the Collateral. Borrower agrees to assemble the Collateral if Bank so requires, and to make the Collateral available to Bank as Bank may designate. Borrower authorizes Bank to enter the premises
where the Collateral is located, to take and maintain possession of the Collateral, or any part of it, and to pay, purchase, contest, or compromise any encumbrance, charge, or lien which in Bank’s determination appears to be prior or superior
to its security interest and to pay all expenses incurred in connection therewith. With respect to any of Borrower’s owned premises, Borrower hereby grants Bank a license to enter into possession of such premises and to occupy the same, without
charge, in order to exercise any of Bank’s rights or remedies provided herein, at law, in equity, or otherwise; 

  
 15 

 (f) Set off and apply to the Obligations any and all (i) balances and deposits of Borrower
held by Bank, and (ii) indebtedness at any time owing to or for the credit or the account of Borrower held by Bank; 
 (g)
Ship, reclaim, recover, store, finish, maintain, repair, prepare for sale, advertise for sale, and sell (in the manner provided for herein) the Collateral. Bank is hereby granted a license or other right, solely pursuant to the provisions of this
Section 9.1, to use, without charge, Borrower’s labels, patents, copyrights, rights of use of any name, trade secrets, trade names, trademarks, service marks, and advertising matter, or any property of a similar nature, as it pertains to
the Collateral, in completing production of, advertising for sale, and selling any Collateral and, in connection with Bank’s exercise of its rights under this Section 9.1, Borrower’s rights under all licenses and all franchise
agreements shall inure to Bank’s benefit; 
 (h) Sell the Collateral at either a public or private sale, or both, by way of
one or more contracts or transactions, for cash or on terms, in such manner and at such places (including Borrower’s premises) as Bank determines is commercially reasonable, and apply any proceeds to the Obligations in whatever manner or order
Bank deems appropriate. Bank may sell the Collateral without giving any warranties as to the Collateral. Bank may specifically disclaim any warranties of title or the like. This procedure will not be considered adversely to affect the commercial
reasonableness of any sale of the Collateral. If Bank sells any of the Collateral upon credit, Borrower will be credited only with payments actually made by the purchaser, received by Bank, and applied to the indebtedness of the purchaser. If the
purchaser fails to pay for the Collateral, Bank may resell the Collateral and Borrower shall be credited with the proceeds of the sale; 
 (i) Bank may credit bid and purchase at any public sale; 
 (j) Apply for the
appointment of a receiver, trustee, liquidator or conservator of the Collateral, without notice and without regard to the adequacy of the security for the Obligations and without regard to the solvency of Borrower, any guarantor or any other Person
liable for any of the Obligations; and 
 (k) Any deficiency that exists after disposition of the Collateral as provided above
will be paid immediately by Borrower. 
 Bank may comply with any applicable state or federal law requirements in connection with a disposition
of the Collateral and compliance will not be considered adversely to affect the commercial reasonableness of any sale of the Collateral. 
 9.2 Power of Attorney. Effective only upon the occurrence and during the continuance of an Event of Default, Borrower hereby irrevocably appoints Bank (and any of Bank’s designated officers,
or employees) as Borrower’s true and lawful attorney to: (a) send requests for verification of Accounts or notify account debtors of Bank’s security interest in the Accounts; (b) endorse Borrower’s name on any checks or
other forms of payment or security that may come into Bank’s possession; (c) sign Borrower’s name on any invoice or bill of lading relating to any Account, drafts against account debtors, schedules and assignments of Accounts,
verifications of Accounts, and notices to account debtors; (d) dispose of any Collateral; (e) make, settle, and adjust all claims under and decisions with respect to Borrower’s policies of insurance; (f) settle and adjust disputes and
claims respecting the accounts directly with account debtors, for amounts and upon terms which Bank determines to be reasonable; (g) enter into a short-form intellectual property security agreement consistent with the terms of this Agreement
for recording purposes only or modify, in its reasonable discretion, any intellectual property security agreement entered into between Borrower and Bank without first obtaining Borrower’s approval of or signature to such modification by
amending Exhibits A, B, and C, thereof, as appropriate, to include reference to any right, title or interest in any Copyrights, Patents or Trademarks acquired by Borrower after the execution hereof or to delete any reference to
any right, title or interest in any Copyrights, Patents or Trademarks in which Borrower no longer has or claims to have any right, title or interest; and (h) file, in its sole discretion, one or more financing or continuation statements and
amendments thereto, relative to any of the Collateral without the signature of Borrower where permitted by law; provided Bank may exercise such power of attorney to sign the name of Borrower on any of the documents described in clauses (g) and
(h) above, regardless of whether an Event of Default has occurred. The appointment of Bank as Borrower’s attorney in fact, and each and every one of Bank’s rights and powers, being coupled with an interest, is irrevocable until all of
the Obligations have been fully repaid and performed and Bank’s obligation to provide advances hereunder is terminated. 

  
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 9.3 Accounts Collection. At any time after the occurrence and during the continuation
of an Event of Default, Bank may notify any Person owing funds to Borrower of Bank’s security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all
payments as Bank’s trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit. 
 9.4 Bank Expenses. If Borrower fails to pay any amounts or furnish any required proof of payment due to third persons or entities, as required under the terms of this Agreement, then Bank may do
any or all of the following after reasonable notice to Borrower: (a) make payment of the same or any part thereof; (b) set up such reserves under the Revolving Line as Bank deems necessary to protect Bank from the exposure created by such
failure; or (c) obtain and maintain insurance policies of the type discussed in Section 6.5 of this Agreement, and take any action with respect to such policies as Bank deems prudent. Any amounts so paid or deposited by Bank shall
constitute Bank Expenses, shall be immediately due and payable, and shall bear interest at the then applicable rate hereinabove provided, and shall be secured by the Collateral. Any payments made by Bank shall not constitute an agreement by Bank to
make similar payments in the future or a waiver by Bank of any Event of Default under this Agreement. 
 9.5 Bank’s
Liability for Collateral. Bank has no obligation to clean up or otherwise prepare the Collateral for sale. All risk of loss, damage or destruction of the Collateral shall be borne by Borrower. 

9.6 No Obligation to Pursue Others. Bank has no obligation to attempt to satisfy the Obligations by collecting them from any other
person liable for them and Bank may release, modify or waive any collateral provided by any other Person to secure any of the Obligations, all without affecting Bank’s rights against Borrower. Borrower waives any right it may have to require
Bank to pursue any other Person for any of the Obligations. 
 9.7 Remedies Cumulative. Bank’s rights and remedies
under this Agreement, the Loan Documents, and all other agreements shall be cumulative. Bank shall have all other rights and remedies not inconsistent herewith as provided under the Code, by law, or in equity. No exercise by Bank of one right or
remedy shall be deemed an election, and no waiver by Bank of any Event of Default on Borrower’s part shall be deemed a continuing waiver. No delay by Bank shall constitute a waiver, election, or acquiescence by it. No waiver by Bank shall be
effective unless made in a written document signed on behalf of Bank and then shall be effective only in the specific instance and for the specific purpose for which it was given. Borrower expressly agrees that this Section 9.7 may not be
waived or modified by Bank by course of performance, conduct, estoppel or otherwise. 
 9.8 Demand; Protest. Except as
otherwise provided in this Agreement, Borrower waives demand, protest, notice of protest, notice of default or dishonor, notice of payment and nonpayment and any other notices relating to the Obligations. 

10. NOTICES. 
 Unless
otherwise provided in this Agreement, all notices or demands by any party relating to this Agreement or any other agreement entered into in connection herewith shall be in writing and (except for financial statements and other informational
documents which may be sent by first-class mail, postage prepaid) shall be personally delivered or sent by a recognized overnight delivery service, certified mail, postage prepaid, return receipt requested, or by telefacsimile to Borrower or to
Bank, as the case may be, at its addresses set forth below: 
  

			
	If to Borrower:                    	  	Violin Memory, Inc.
		  	685 Clyde Ave.
		  	Mountain View, CA 94043
		  	Attn: CFO
		  	Fax: 1-650-396-1543
		
	If to Bank:	  	Comerica Bank
		  	M/C 7578
		  	39200 Six Mile Rd.

  
 17 

			
		  	Livonia, MI 48152
		  	Attn: National Documentation Services
		
	with a copy to:                    	  	Comerica Bank
		  	226 Airport Parkway, Suite 100
		  	San Jose, CA 95110
		  	Attn: Jeff D. Lee
		  	Fax: (408) 451-8568
		  	Email: jdlee@comerica.com, with a required copy to jvnguyen@comerica.com

 The parties hereto may change the address at which they are to receive notices hereunder, by notice in
writing in the foregoing manner given to the other. 
 11. CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER. 

This Agreement shall be governed by, and construed in accordance with, the internal laws of the State of California, without regard to
principles of conflicts of law. Each of Borrower and Bank hereby submits to the exclusive jurisdiction of the State and Federal courts located in the State of California. THE UNDERSIGNED ACKNOWLEDGE THAT THE RIGHT TO TRIAL BY JURY IS A
CONSTITUTIONAL ONE, BUT THAT IT MAY BE WAIVED UNDER CERTAIN CIRCUMSTANCES. TO THE EXTENT PERMITTED BY LAW, EACH PARTY, AFTER CONSULTING (OR HAVING HAD THE OPPORTUNITY TO CONSULT) WITH COUNSEL OF ITS, HIS OR HER CHOICE, KNOWINGLY AND VOLUNTARILY, AND
FOR THE MUTUAL BENEFIT OF ALL PARTIES, WAIVES ANY RIGHT TO TRIAL BY JURY IN THE EVENT OF LITIGATION ARISING OUT OF OR RELATED TO THIS AGREEMENT OR ANY OTHER DOCUMENT, INSTRUMENT OR AGREEMENT BETWEEN THE UNDERSIGNED PARTIES. 

12. REFERENCE PROVISION. 

12.1 In the event the Jury Trial Waiver set forth above is not enforceable, the parties elect to proceed under this Judicial Reference
Provision. 
 12.2 With the exception of the items specified in Section 12.3, below, any controversy, dispute or claim
(each, a “Claim”) between the parties arising out of or relating to this Agreement or any other document, instrument or agreement between the undersigned parties (collectively in this Section, the “Loan Documents”), will be
resolved by a reference proceeding in California in accordance with the provisions of Sections 638 et seq. of the California Code of Civil Procedure (“CCP”), or their successor sections, which shall constitute the exclusive remedy for the
resolution of any Claim, including whether the Claim is subject to the reference proceeding. Except as otherwise provided in the Loan Documents, venue for the reference proceeding will be in the Superior Court in the County where the real property
involved in the action, if any, is located or in a County where venue is otherwise appropriate under applicable law (the “Court”). 
 12.3 The matters that shall not be subject to a reference are the following: (i) foreclosure of any security interests in real or personal property, (ii) exercise of self-help remedies (including,
without limitation, set-off), (iii) appointment of a receiver and (iv) temporary, provisional or ancillary remedies (including, without limitation, writs of attachment, writs of possession, temporary restraining orders or preliminary
injunctions). This Agreement does not limit the right of any party to exercise or oppose any of the rights and remedies described in clauses (i) and (ii) or to seek or oppose from a court of competent jurisdiction any of the items described in
clauses (iii) and (iv). The exercise of, or opposition to, any of those items does not waive the right of any party to a reference pursuant to this Agreement. 
 12.4 The referee shall be a retired Judge or Justice selected by mutual written agreement of the parties. If the parties do not agree within ten (10) days of a written request to do so by any party,
then, upon request of any party, the referee shall be selected by the Presiding Judge of the Court (or his or her representative). A request for appointment of a referee may be heard on an ex parte or expedited basis, and the parties agree that
irreparable harm would result if ex parte relief is not granted. 

  
 18 

 12.5 The parties agree that time is of the essence in conducting the reference proceedings.
Accordingly, the referee shall be requested, subject to change in the time periods specified herein for good cause shown, to (i) set the matter for a status and trial-setting conference within fifteen (15) days after the date of selection of
the referee, (ii) if practicable, try all issues of law or fact within one hundred twenty (120) days after the date of the conference and (iii) report a statement of decision within twenty (20) days after the matter has been
submitted for decision. 
 12.6 The referee will have power to expand or limit the amount and duration of discovery. The referee
may set or extend discovery deadlines or cutoffs for good cause, including a party’s failure to provide requested discovery for any reason whatsoever. Unless otherwise ordered based upon good cause shown, no party shall be entitled to
“priority” in conducting discovery, depositions may be taken by either party upon seven (7) days written notice, and all other discovery shall be responded to within fifteen (15) days after service. All disputes relating to
discovery which cannot be resolved by the parties shall be submitted to the referee whose decision shall be final and binding. 

12.7 Except as expressly set forth in this Agreement, the referee shall determine the manner in which the reference proceeding is
conducted including the time and place of hearings, the order of presentation of evidence, and all other questions that arise with respect to the course of the reference proceeding. All proceedings and hearings conducted before the referee, except
for trial, shall be conducted without a court reporter, except that when any party so requests, a court reporter will be used at any hearing conducted before the referee, and the referee will be provided a courtesy copy of the transcript. The party
making such a request shall have the obligation to arrange for and pay the court reporter. Subject to the referee’s power to award costs to the prevailing party, the parties will equally share the cost of the referee and the court reporter at
trial. 
 12.8 The referee shall be required to determine all issues in accordance with existing case law and the statutory laws
of the State of California. The rules of evidence applicable to proceedings at law in the State of California will be applicable to the reference proceeding. The referee shall be empowered to enter equitable as well as legal relief, enter equitable
orders that will be binding on the parties and rule on any motion which would be authorized in a court proceeding, including without limitation motions for summary judgment or summary adjudication. The referee shall issue a decision at the close of
the reference proceeding which disposes of all claims of the parties that are the subject of the reference. Pursuant to CCP § 644, such decision shall be entered by the Court as a judgment or an order in the same manner as if the action had
been tried by the Court and any such decision will be final, binding and conclusive. The parties reserve the right to appeal from the final judgment or order or from any appealable decision or order entered by the referee. The parties reserve the
right to findings of fact, conclusions of laws, a written statement of decision, and the right to move for a new trial or a different judgment, which new trial, if granted, is also to be a reference proceeding under this provision. 

12.9 If the enabling legislation which provides for appointment of a referee is repealed (and no successor statute is enacted), any
dispute between the parties that would otherwise be determined by reference procedure will be resolved and determined by arbitration. The arbitration will be conducted by a retired judge or Justice, in accordance with the California Arbitration Act
§1280 through §1294.2 of the CCP as amended from time to time. The limitations with respect to discovery set forth above shall apply to any such arbitration proceeding. 

12.10 THE PARTIES RECOGNIZE AND AGREE THAT ALL CONTROVERSIES, DISPUTES AND CLAIMS RESOLVED UNDER THIS REFERENCE PROVISION WILL BE DECIDED
BY A REFEREE AND NOT BY A JURY. AFTER CONSULTING (OR HAVING HAD THE OPPORTUNITY TO CONSULT) WITH COUNSEL OF ITS, HIS OR HER OWN CHOICE, EACH PARTY KNOWINGLY AND VOLUNTARILY, AND FOR THE MUTUAL BENEFIT OF ALL PARTIES, AGREES THAT THIS REFERENCE
PROVISION WILL APPLY TO ANY CONTROVERSY, DISPUTE OR CLAIM BETWEEN OR AMONG THEM ARISING OUT OF OR IN ANY WAY RELATED TO, THIS AGREEMENT OR THE OTHER LOAN DOCUMENTS. 
 13. GENERAL PROVISIONS. 
 13.1 Successors and Assigns. This Agreement
shall bind and inure to the benefit of the respective successors and permitted assigns of each of the parties and shall bind all persons who become bound as a debtor to this Agreement; provided, however, that neither this Agreement nor any rights
hereunder may be assigned by Borrower without Bank’s prior written consent, which consent may be granted or withheld in Bank’s sole discretion. 

  
 19 

 
Bank shall have the right without the consent of or notice to Borrower to sell, transfer, negotiate, or grant participation in all or any part of, or any interest in, Bank’s obligations,
rights and benefits hereunder. 
 13.2 Indemnification. Borrower shall defend, indemnify and hold harmless Bank and its
officers, employees, and agents against: (a) all obligations, demands, claims, and liabilities claimed or asserted by any other party in connection with the transactions contemplated by this Agreement and/or the Loan Documents; and (b) all
losses or Bank Expenses in any way suffered, incurred, or paid by Bank, its officers, employees and agents as a result of or in any way arising out of, following, or consequential to transactions between Bank and Borrower whether under this
Agreement, or otherwise (including without limitation reasonable attorneys fees and expenses), except for losses caused by Bank’s gross negligence or willful misconduct. 
 13.3 Time of Essence. Time is of the essence for the performance of all obligations set forth in this Agreement. 
 13.4 Severability of Provisions. Each provision of this Agreement shall be severable from every other provision of this Agreement for the purpose of determining the legal enforceability of any
specific provision. 
 13.5 Correction of Loan Documents. Bank may correct patent errors and fill in any blanks in this
Agreement and the other Loan Documents consistent with the agreement of the parties. 
 13.6 Amendments in Writing,
Integration. All amendments to or terminations of this Agreement or the other Loan Documents must be in writing signed by the parties. All prior agreements, understandings, representations, warranties, and negotiations between the parties hereto
with respect to the subject matter of this Agreement and the other Loan Documents, if any, are merged into this Agreement and the Loan Documents. 
 13.7 Counterparts. This Agreement may be executed in any number of counterparts and by different parties on separate counterparts, each of which, when executed and delivered, shall be deemed to be
an original, and all of which, when taken together, shall constitute but one and the same Agreement. 
 13.8 Survival. All
covenants, representations and warranties made in this Agreement shall continue in full force and effect so long as any Obligations remain outstanding or Bank has any obligation to make any Credit Extension to Borrower. The obligations of Borrower
to indemnify Bank with respect to the expenses, damages, losses, costs and liabilities described in Section 13.2 shall survive until all applicable statute of limitations periods with respect to actions that may be brought against Bank have
run. 
 13.9 Confidentiality. In handling any confidential information, Bank and all employees and agents of Bank shall
exercise the same degree of care that Bank exercises with respect to its own proprietary information of the same types to maintain the confidentiality of any non-public information thereby received or received pursuant to this Agreement except that
disclosure of such information may be made (i) to the subsidiaries or Affiliates of Bank in connection with their present or prospective business relations with Borrower, who are bound by similar confidentiality obligations, (ii) to prospective
transferees or purchasers of any interest in the Obligations that have entered into a confidentiality agreement in favor of Borrower, (iii) as required by law, regulations, rule or order, subpoena, judicial order or similar order, (iv) as may
be required in connection with the examination, audit or similar investigation of Bank, (v) to Bank’s accountants, auditors and regulators, and (vi) as Bank may determine in connection with the enforcement of any remedies hereunder.
Confidential information hereunder shall not include information that either: (a) is in the public domain or in the knowledge or possession of Bank when disclosed to Bank, or becomes part of the public domain after disclosure to Bank through no
fault of Bank; or (b) is disclosed to Bank by a third party, provided Bank does not have knowledge that such third party is prohibited from disclosing such information. 
 13.10 Intercreditor Agreement. Notwithstanding anything herein to the contrary, the Lien of Bank in the Collateral is subject to the provisions of the TriplePoint Intercreditor Agreement.

  
 20 

 [Signatures on following page] 

  
 21 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the date first above
written. 
  

			
	VIOLIN MEMORY, INC.
		
	By:	 	 /s/ Donald Basile

	Name:	 	 Donald Basile

	Title:	 	 CEO

	
	COMERICA BANK
		
	By:	 	 /s/ Jeff Lee

	Name:	 	 Jeff Lee

	Title:	 	 VP

 [Signature Page to Loan and Security Agreement (Violin Memory, Inc.)] 

 EXHIBIT A 
 DEFINITIONS 
 “Acceptable Subordination Agreement” means a subordination agreement in
the form attached hereto as Exhibit G, or as otherwise approved by Bank in writing. 
 “Accounts” means all presently existing and
hereafter arising accounts, contract rights, payment intangibles and all other forms of obligations owing to Borrower arising out of the sale or lease of goods (including, without limitation, the licensing of software and other technology) or the
rendering of services by Borrower and any and all credit insurance, guaranties, and other security therefor, and Borrower’s Books relating to any of the foregoing. 
 “Acquisition” means the acquisition by Borrower or a Subsidiary of Borrower of all or substantially all of the capital stock or property of another Person. 

“Advance” or “Advances” means a cash advance or cash advances under the Revolving Line. 

“Affiliate” means, with respect to any Person, any Person that owns or controls directly or indirectly such Person, any Person that controls or
is controlled by or is under common control with such Person, and each of such Person’s senior executive officers, directors, and partners. 
 “Bank Expenses” means all costs or expenses of Bank, or any other holder or owner of the Loan Documents (including, without limit, court costs, legal expenses and reasonable attorneys’ fees
and expenses, whether generated by outside counsel, whether or not suit is instituted, and, if suit is instituted, whether at trial court level, appellate court level, in a bankruptcy, probate or administrative proceeding or otherwise) incurred in
connection with the preparation, negotiation, execution, delivery, amendment, administration, and performance, or incurred in collecting, attempting to collect under the Loan Documents or the Obligations, or incurred in defending the Loan Documents,
or incurred in any other matter or proceeding relating to the Loan Documents or the Obligations; and reasonable Collateral audit fees. 

“Borrower State” means Delaware, the state under whose laws Borrower is organized. 
 “Borrower’s Books” means all of Borrower’s books and records including: ledgers; records concerning Borrower’s assets or liabilities, the Collateral, business operations or
financial condition; and all computer programs, or tape files, and the equipment, containing such information. 
 “Borrowing Base”
means, as of any date of determination, an amount equal to the sum of (a) eighty percent (80%) of Eligible Accounts, plus (b) the lesser of (i) eighty percent (80%) of Eligible Foreign Accounts and (ii) Four Million Dollars
($4,000,000.00), all as determined by Bank with reference to the most recent Borrowing Base Certificate delivered by Borrower. 
 “Business
Day” means any day that is not a Saturday, Sunday, or other day on which banks in the State of California are authorized or required to close. 
 “Cash” means unrestricted cash and cash equivalents. 
 “Change in Control”
shall mean a transaction in which any “person” or “group” (within the meaning of Section 13(d) and 14(d)(2) of the Securities Exchange Act of 1934) becomes the “beneficial owner” (as defined in Rule 13d-3 under the
Securities Exchange Act of 1934), directly or indirectly, of a sufficient number of shares of all classes of capital stock then outstanding of Borrower ordinarily entitled to vote in the election of directors, empowering such “person” or
“group” to elect a majority of the Board of Directors of Borrower, who did not have such power before such transaction. 
 “Chief
Executive Office State” means California, where Borrower’s chief executive office is located. 

  
 1 

 “Closing Date” means the date of this Agreement. 

“Code” means the California Uniform Commercial Code as amended or supplemented from time to time. 

“Collateral” means the property described on Exhibit B attached hereto and all Negotiable Collateral and Intellectual Property Collateral to
the extent not described on Exhibit B, except to the extent any such property (i) is nonassignable by its terms without the consent of the licensor thereof or another party (but only to the extent such prohibition on transfer is enforceable
under applicable law, including, without limitation, Sections 9406 and 9408 of the Code), (ii) the granting of a security interest therein is contrary to applicable law, provided that upon the cessation of any such restriction or prohibition, such
property shall automatically become part of the Collateral, or (iii) constitutes the capital stock of a controlled foreign corporation (as defined in the IRC), in excess of sixty-five percent (65%) of the voting power of all classes of capital
stock of such controlled foreign corporations entitled to vote. 
 “Collateral State” means the state or states where the Collateral
is located, which is California. 
 “Contingent Obligation” means, as applied to any Person, any direct or indirect liability,
contingent or otherwise, of that Person with respect to (i) any indebtedness, lease, dividend, letter of credit or other obligation of another, including, without limitation, any such obligation directly or indirectly guaranteed, endorsed,
co-made or discounted or sold with recourse by that Person, or in respect of which that Person is otherwise directly or indirectly liable; (ii) any obligations with respect to undrawn letters of credit, corporate credit cards or merchant services
issued for the account of that Person; and (iii) all obligations arising under any interest rate, currency or commodity swap agreement, interest rate cap agreement, interest rate collar agreement, or other agreement or arrangement designated to
protect a Person against fluctuation in interest rates, currency exchange rates or commodity prices; provided, however, that the term “Contingent Obligation” shall not include endorsements for collection or deposit in the ordinary course
of business. The amount of any Contingent Obligation shall be deemed to be an amount equal to the stated or determined amount of the primary obligation in respect of which such Contingent Obligation is made or, if not stated or determinable, the
maximum reasonably anticipated liability in respect thereof as determined by such Person in good faith; provided, however, that such amount shall not in any event exceed the maximum amount of the obligations under the guarantee or other support
arrangement. 
 “Copyrights” means any and all copyright rights, copyright applications, copyright registrations and like protections
in each work or authorship and derivative work thereof, whether published or unpublished and whether or not the same also constitutes a trade secret, now or hereafter existing, created, acquired or held. 

“Credit Extension” means each Advance, or any other extension of credit by Bank to or for the benefit of Borrower hereunder. 

“Eligible Accounts” means those Accounts that arise in the ordinary course of Borrower’s business that comply with all of Borrower’s
representations and warranties to Bank set forth in Section 5.3; provided, that upon the occurrence and during the continuance of an Event of Default, Bank may change the standards of eligibility by giving Borrower written notice. Unless
otherwise agreed to by Bank, Eligible Accounts shall not include the following: 
  

	 	(a)	Accounts evidenced by an invoice that the account debtor has failed to pay in full within ninety (90) days of invoice date; 

 

	 	(b)	Credit balances over ninety (90) days; 

  

	 	(c)	Accounts with respect to an account debtor, twenty-five percent (25%) of whose Accounts the account debtor has failed to pay within ninety (90) days of
invoice date; 

  

	 	(d)	 Accounts with respect to an account debtor, including Subsidiaries and Affiliates, whose total obligations to Borrower exceed twenty percent
(20%) of all Accounts, except as approved in writing by Bank, it being agreed that the portion of such Accounts that do not exceed twenty 

  
 2 

	 	percent (20%) of all Accounts shall be Eligible Accounts (provided that such Accounts meet all other requirements to be “Eligible Accounts”);

  

	 	(e)	Accounts with respect to which the account debtor does not have its principal place of business in the United States; 

 

	 	(f)	Accounts with respect to which the account debtor is the United States or any department, agency, or instrumentality of the United States, except for Accounts of the
United States if the payee has assigned its payment rights to Bank and the assignment has been acknowledged under the Assignment of Claims Act of 1940 (31 U.S.C. 3727); 

 

	 	(g)	Accounts with respect to which Borrower is liable to the account debtor for goods sold or services rendered by the account debtor to Borrower, but only to the extent of
any amounts owing to the account debtor against amounts owed to Borrower; 

  

	 	(h)	Accounts with respect to which goods are placed on consignment, guaranteed sale, sale or return, sale on approval, bill and hold, demo or promotional, or other terms by
reason of which the payment by the account debtor may be conditional; 

  

	 	(i)	Accounts with respect to which the account debtor is an officer, employee, agent or Affiliate of Borrower; 

 

	 	(j)	Accounts that have not yet been billed to the account debtor or that relate to deposits (such as good faith deposits) or other property of the account debtor held by
Borrower for the performance of services or delivery of goods which Borrower has not yet performed or delivered, not including maintenance or support obligations; 

 

	 	(k)	Accounts with respect to which the account debtor disputes liability or makes any claim with respect thereto as to which Bank believes, in its sole discretion, that
there may be a basis for dispute (but only to the extent of the amount subject to such dispute or claim), or is subject to any Insolvency Proceeding, or becomes insolvent, or goes out of business; 

 

	 	(l)	Accounts the collection of which Bank reasonably determines after inquiry and consultation with Borrower to be doubtful; and 

 

	 	(m)	Retentions and hold-backs. 

 “Eligible
Foreign Accounts” means Accounts (a) with respect to which the account debtor does not have its principal place of business in the United States and is not located in an OFAC sanctioned country and (b) where the account debtor on such
Account (i) is Barclays Capital Services Ltd. and its Affiliates, Commtech Solutions Ltd., Fujitsu Technology Solutions GmbH and its Affiliates, Hyosung Information Systems Co. Ltd., Ingram Micro and its Affiliates, Specialist Computer Centers Ltd.,
SVA GmbH, Tech Data and its Affiliates, Toshiba Corporation and its Affiliates, or Tradeware AG, or (ii) has been approved by Bank in writing under this Agreement on a case-by-case basis. All Eligible Foreign Accounts must be calculated in U.S.
Dollars. 
 “Environmental Laws” means all laws, rules, regulations, orders and the like issued by any federal state, local foreign or
other governmental or quasi-governmental authority or any agency pertaining to the environment or to any hazardous materials or wastes, toxic substances, flammable, explosive or radioactive materials, asbestos or other similar materials. 

“Equipment” means all present and future machinery, equipment, tenant improvements, furniture, fixtures, vehicles, tools, parts and attachments
in which Borrower has any interest. 
 “ERISA” means the Employee Retirement Income Security Act of 1974, as amended, and the
regulations thereunder. 

  
 3 

 “Event of Default” has the meaning assigned in Article 8. 

“Foreign Subsidiary” means a Subsidiary that is not organized under the laws of the United States or any state or territory thereof or the
District of Columbia. 
 “GAAP” means generally accepted accounting principles, consistently applied, as in effect from time to time.

 “Indebtedness” means (a) all indebtedness for borrowed money or the deferred purchase price of property or services, including
without limitation reimbursement and other obligations with respect to surety bonds and letters of credit, (b) all obligations evidenced by notes, bonds, debentures or similar instruments, (c) all capital lease obligations (as determined
in accordance with GAAP as in effect on the date hereof), and (d) all Contingent Obligations, if any. 
 “Insolvency Proceeding”
means any proceeding commenced by or against any Person or entity under any provision of the United States Bankruptcy Code, as amended, or under any other bankruptcy or insolvency law, including assignments for the benefit of creditors, formal or
informal moratoria, compositions, extension generally with its creditors, or proceedings seeking reorganization, arrangement, or other relief. 

“Intellectual Property Collateral” means all of Borrower’s right, title, and interest in and to the following: 

 

	 	(a)	Copyrights, Trademarks and Patents; 

  

	 	(b)	Any and all trade secrets, and any and all intellectual property rights in computer software and computer software products now or hereafter existing, created, acquired
or held; 

  

	 	(c)	Any and all design rights which may be available to Borrower now or hereafter existing, created, acquired or held; 

 

	 	(d)	Any and all claims for damages by way of past, present and future infringement of any of the rights included above that are owned by Borrower, with the right, but not
the obligation, to sue for and collect such damages for said use or infringement of the intellectual property rights identified above that are owned by Borrower; 

 

	 	(e)	All licenses or other rights to use any of the Copyrights, Patents or Trademarks, and all license fees and royalties arising from such use to the extent permitted by
such license or rights; 

  

	 	(f)	All amendments, renewals and extensions of any of the Copyrights, Trademarks or Patents; and 

 

	 	(g)	All proceeds and products of the foregoing, including without limitation all payments under insurance or any indemnity or warranty payable in respect of any of the
foregoing, 

 except to the extent any such property (i) is nonassignable by its terms without the consent of the licensor thereof
or another party (but only to the extent such prohibition on transfer is enforceable under applicable law, including, without limitation, Sections 9406 and 9408 of the Code), or (ii) the granting of a security interest therein is contrary to
applicable law (the “Excluded IP”), provided that upon the cessation of any such restriction or prohibition, such property shall automatically become part of the Intellectual Property Collateral. 

“Inventory” means all present and future inventory in which Borrower has any interest. 

“Investment” means any beneficial ownership of (including stock, partnership or limited liability company interest or other securities) any
Person, or any loan, advance or capital contribution to any Person. 
 “IRC” means the Internal Revenue Code of 1986, as amended, and
the regulations thereunder. 

  
 4 

 “Letter of Credit” means a commercial or standby letter of credit or similar undertaking issued by
Bank at Borrower’s request. 
 “Lien” means any mortgage, lien, deed of trust, charge, pledge, security interest or other
encumbrance. 
 “Loan Documents” means, collectively, this Agreement, any note or notes executed by Borrower, and any other document,
instrument or agreement entered into in connection with this Agreement, all as amended or extended from time to time. 
 “Material Adverse
Effect” means (i) a material adverse change in Borrower’s business or financial condition, or (ii) a material impairment in the prospect of repayment of all or any portion of the Obligations or in otherwise performing
Borrower’s obligations under the Loan Documents, or (iii) a material impairment in the perfection, value or priority of Bank’s security interests in the Collateral, in each case, determined on a consolidated basis among Borrower and
its Subsidiaries. 
 “Material Foreign Subsidiary” means a Foreign Subsidiary which generates ten percent (10%) of the revenue
generated for Borrower and its Subsidiaries, on a consolidated basis. 
 “Negotiable Collateral” means all of Borrower’s present
and future letters of credit of which it is a beneficiary, drafts, instruments (including promissory notes), securities, documents of title, and chattel paper, and Borrower’s Books relating to any of the foregoing. 

“Note and Warrant Purchase Agreement” means that certain Note and Warrant Purchase Agreement dated as of June 17, 2013, between Borrower
and the lenders party thereto. 
 “Obligations” means all debt, principal, interest, Bank Expenses and other amounts owed to Bank by
Borrower pursuant to this Agreement or any other agreement, whether absolute or contingent, due or to become due, now existing or hereafter arising, including any interest that accrues after the commencement of an Insolvency Proceeding and including
any debt, liability, or obligation owing from Borrower to others that Bank may have obtained by assignment or otherwise. 
 “Patents”
means all patents, patent applications and like statutory protections including without limitation improvements, divisions, continuations, renewals, reissues, extensions and continuations-in-part of the same. 

“Periodic Payments” means all installments or similar recurring payments that Borrower may now or hereafter become obligated to pay to Bank
pursuant to the terms and provisions of any instrument, or agreement now or hereafter in existence between Borrower and Bank. 
 “Permitted
Acquisition” means the Acquisition by Borrower or any of its Subsidiaries of all or substantially all of the capital stock or property of another Person, (i) so long as no Event of Default has occurred and is continuing at the time of, or would
result from consummation of, such Acquisition, and (ii) so long as: 
  

	 	(a)	Borrower provides Bank with 7 days’ prior written notice of such Acquisition, including a reasonably detailed description thereof and on or prior to the date of
such proposed Acquisition, Bank shall have received copies of the acquisition agreement and related documents (including financial information and analysis, financial projections, environmental assessments and reports, opinions, certificates and
lien searches) and other information reasonably requested by Bank; 

  

	 	(b)	such Acquisition does not result in a right by any Person, whether or not exercised, to accelerate the maturity of any Indebtedness; 

 

	 	(c)	any assets acquired by Borrower (or any Subsidiary of Borrower) in such Acquisition shall be located in the United States or a foreign jurisdiction reasonably
acceptable to Bank, and be provided to Bank as Collateral, and be free and clear of Liens (other than Permitted Liens); 

  
 5 

	 	(d)	any Indebtedness (other than any Indebtedness that is otherwise permitted as Permitted Indebtedness hereunder) assumed in such Acquisition shall be unsecured and
subordinated to Bank as evidenced by an Acceptable Subordination Agreement executed by the applicable creditor; 

  

	 	(e)	any Subsidiary (other than a Foreign Subsidiary that is not a Material Foreign Subsidiary) that shall be created as result of, or in connection with, such Acquisition
shall enter into a guaranty of the Obligations and grant a continuing Lien on the assets of such Subsidiary, and Borrower shall enter into a stock pledge agreement pursuant to which Borrower shall grant to Bank a first-priority, perfected Lien
(subject to the terms of the TriplePoint Intercreditor Agreement) on the stock, units or other evidence of ownership of such Subsidiary (provided that any pledge of the equity interests in a Foreign Subsidiary shall be limited to a pledge of 65% of
such subsidiary’s equity interests); 

  

	 	(f)	the business or businesses acquired as a result of such Acquisition shall be in the same or similar line of business or reasonably related thereto as the business
currently conducted by Borrower; 

  

	 	(g)	each of the representations and warranties made by Borrower pursuant to this Agreement and each of the other Loan Documents shall be true, complete and correct in all
material respects on and as of the date of the consummation of such Acquisition (except any such representations and warranties stated to be given as of a specific date other than the date of such Acquisition), in each case after giving effect to
the Schedules, as updated and approved (or deemed approved) by Bank under the terms of this Agreement; and 

  

	 	(h)	Immediately before, and after giving effect to, such Acquisition, Borrower is solvent. 

 “Permitted Change in Control” shall mean a Change in Control (a) resulting directly from Borrower’s initial public offering, or (b) in which, concurrently therewith, the
Obligations shall be indefeasibly paid in full and Bank’s obligation to provide Credit Extensions hereunder is terminated. 

“Permitted Indebtedness” means: 
  

	 	(a)	Indebtedness of Borrower in favor of Bank arising under this Agreement or any other Loan Document; 

 

	 	(b)	Indebtedness existing on the Closing Date and disclosed in the Schedule; 

  

	 	(c)	Indebtedness not to exceed One Million Dollars ($1,000,000.00) in the aggregate in any fiscal year of Borrower secured by a lien described in clause (c) of the
defined term “Permitted Liens,” provided such Indebtedness does not exceed the lesser of the cost or fair market value of the equipment financed with such Indebtedness; 

 

	 	(d)	Subordinated Debt (other than Subordinated Debt incurred in connection with Permitted Acquisitions); 

 

	 	(e)	Indebtedness in to TriplePoint in a principal amount not to exceed Fifty Million Dollars ($50,000,000.00) in the aggregate at any time, pursuant to the TriplePoint Loan
Documents, to the extent permitted under the TriplePoint Intercreditor Agreement; and 

  

	 	(f)	Indebtedness to trade creditors incurred in the ordinary course of business; 

 

	 	(g)	Indebtedness incurred in connection with Permitted Acquisitions, provided that: 

 (i) If such Indebtedness is incurred before Borrower’s initial public offering, (A) such Indebtedness is Subordinated Debt (excluding earn out payments, seller notes, and 

  
 6 

 deferred payments to be paid to the seller after the closing date of such Permitted
Acquisition that in the aggregate do not exceed Five Hundred Thousand Dollars ($500,000.00)), (B) no Event of Default has occurred and is continuing at the time such Indebtedness is incurred, (C) immediately before such Permitted
Acquisition, Borrower is solvent, and (D) after giving pro forma effect to such Permitted Acquisition and assuming all such Indebtedness (including, without limitation, any earn out payments, seller notes, deferred payments and any other
Indebtedness incurred connection with such Permitted Acquisition that is to be paid to the seller after the closing date of such Permitted Acquisition) was to be paid on the closing date of such Permitted Acquisition, Borrower is solvent; and

 (ii) If such Indebtedness is incurred after Borrower’s initial public offering, (A) such Indebtedness is
Subordinated Debt (excluding any earn out payments, seller notes, and deferred payments to be paid to the seller after the closing date of such Permitted Acquisition), (B) no Event of Default has occurred and is continuing at the time such
Indebtedness is incurred, (C) immediately before such Permitted Acquisition, Borrower is solvent, and (D) after giving pro forma effect to such Permitted Acquisition and assuming that all such Indebtedness (including, without limitation,
any earn out payments, seller notes, deferred payments and any other Indebtedness incurred connection with such Permitted Acquisition that is to be paid to the seller after the closing date of such Permitted Acquisition), was to be paid on the
closing date of such Permitted Acquisition, Borrower is solvent; 
  

	 	(h)	Through August 18, 2013, but at no time thereafter, Indebtedness evidenced by the Note and Warrant Purchase Agreement and the Notes (as defined in the Note and
Warrant Purchase Agreement), in an aggregate amount not to exceed Two Million Four Hundred Fifty Thousand Dollars ($2,450,000.00) at any time; and 

  

	 	(i)	Extensions, refinancings and renewals of any items of Permitted Indebtedness, provided that the principal amount is not increased or the terms modified to impose more
burdensome terms upon Borrower or its Subsidiary, as the case may be. 

 “Permitted Investment” means: 

 

	 	(a)	Investments existing on the Closing Date disclosed in the Schedule; 

  

	 	(b)	(i) Marketable direct obligations issued or unconditionally guaranteed by the United States of America or any agency or any State thereof maturing within one
(1) year from the date of acquisition thereof, (ii) Investments in domestic certificates of deposit or other commercial paper issued by, and other domestic investments with, financial institutions organized under the laws of the United States
or a state thereof, having at least One Hundred Million Dollars ($100,000,000.00) in capital and a rating of at least “investment grade” or “A” by Moody’s Investors Services or any successor rating agency, (iii) Bank’s
certificates of deposit maturing no more than one (1) year from the date of investment therein, and (iv) Bank’s money market accounts; 

  

	 	(c)	Permitted Stock Repurchases; 

  

	 	(d)	Investments accepted in connection with Permitted Transfers; 

  

	 	(e)	Permitted Subsidiary Investments; 

  

	 	(f)	Permitted Acquisitions and, subsequent to Borrower’s initial public offering, and provided no Event of Default has occurred and is continuing, Acquisitions
approved by Borrower’s Board of Directors that are strategically relevant to Borrower’s business; 

  
 7 

	 	(g)	Investments not to exceed Five Hundred Thousand Dollars ($500,000.00) in the aggregate in any fiscal year consisting of (i) travel advances and employee relocation
loans and other employee loans and advances in the ordinary course of business, and (ii) loans to employees, officers or directors relating to the purchase of equity securities of Borrower or its Subsidiaries pursuant to employee stock purchase plan
agreements approved by Borrower’s Board of Directors; 

  

	 	(h)	Investments (including debt obligations) received in connection with the bankruptcy or reorganization of customers or suppliers and in settlement of delinquent
obligations of, and other disputes with, customers or suppliers arising in the ordinary course of Borrower’s business; 

  

	 	(i)	Investments consisting of notes receivable of, or prepaid royalties and other credit extensions, to customers and suppliers who are not Affiliates, in the ordinary
course of business, provided that this subparagraph (i) shall not apply to Investments of Borrower in any Subsidiary; 

  

	 	(j)	Strategic Investments approved by Borrower’s Board of Directors and strategically relevant to Borrower’s business; provided, however, that no
Event of Default exists immediately prior to, or would result after giving pro forma effect to, such Strategic Investment; and 

  

	 	(k)	Joint ventures or strategic alliances consisting of the non-exclusive licensing of technology or intellectual property, the development or co-development of technology
or the providing of technical support, provided that in each such case, any cash Investments by Borrower do not exceed Five Hundred Thousand Dollars ($500,000.00) in the aggregate in any fiscal year. 

“Permitted Liens” means the following: 
  

	 	(a)	Any Liens existing on the Closing Date and disclosed in the Schedule (excluding Liens to be satisfied with the proceeds of the Advances) or arising under this Agreement
or the other Loan Documents; 

  

	 	(b)	Liens for taxes, fees, assessments or other governmental charges or levies, either not delinquent or being contested in good faith by appropriate proceedings and for
which Borrower maintains adequate reserves, provided the same have no priority over any of Bank’s security interests; 

  

	 	(c)	Liens securing obligations not to exceed One Million Dollars ($1,000,000.00) in the aggregate (i) upon or in any Equipment (other than Equipment financed by a
Credit Extension) acquired or held by Borrower or any of its Subsidiaries to secure the purchase price of such Equipment or indebtedness incurred solely for the purpose of financing the acquisition or lease of such Equipment, or (ii) existing
on such Equipment at the time of its acquisition, provided that the Lien is confined solely to the property so acquired and improvements thereon, and the proceeds of such Equipment; 

 

	 	(d)	Liens in favor of TriplePoint to the extent permitted under the TriplePoint Intercreditor Agreement; 

 

	 	(e)	Liens incurred in connection with the extension, renewal or refinancing of the indebtedness secured by Liens of the type described in clauses (a) through
(d) above, provided that any extension, renewal or replacement Lien shall be limited to the property encumbered by the existing Lien and the principal amount of the indebtedness being extended, renewed or refinanced does not increase; and

  

	 	(f)	Liens arising from judgments, decrees or attachments in circumstances not constituting an Event of Default under Sections 8.5 (attachment) or 8.9 (judgments);

  

	 	(g)	Liens in favor of other financial institutions arising in connection with Borrower’s deposit or securities accounts held at such institutions to secure standard
fees for deposit services charged by, 

  
 8 

	 	but not financing made available by such institutions, provided that Bank has a perfected security interest in the amounts held in such deposit accounts;

  

	 	(h)	carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s or other like Liens arising in the ordinary course of business which are not
overdue for a period of more than 30 days or which are being contested in good faith and by appropriate proceedings if adequate reserves with respect thereto are maintained on the books of the applicable Person; 

 

	 	(i)	Liens on deposits to secure the performance of bids, trade contracts (other than for borrowed money), contracts for the purchase of property, leases, statutory
obligations, surety and appeal bonds, performance bonds and other obligations of a like nature, in each case, incurred in the ordinary course of business and not representing an obligation for borrowed money; 

 

	 	(j)	Liens granted in the ordinary course of business on the unearned portion of insurance premiums and dividends, rebates and proceeds thereunder securing the financing of
insurance premiums to the extent the financing is permitted under the definition of Permitted Indebtedness; 

  

	 	(k)	Liens in favor of customs and revenue authorities arising as a matter of law to secure payment of customs duties in connection with the importation of goods; and

  

	 	(l)	non-exclusive licenses (including covenants not to sue), or non-perpetual exclusive licenses with respect to geographic area, fields of use and customized products for
specific customers that would not result in a transfer of title of the licensed property under applicable law, all given in the ordinary course of Borrower’s business, (it being agreed that non-exclusive licenses granted to Borrower’s
strategic partners shall be deemed within the ordinary course of Borrower’s business so long as Borrower retains the rights to commercialize its material intellectual property). 

“Permitted Stock Repurchases” means repurchases of stock from former employees or directors of Borrower under the terms of applicable
repurchase or right of first refusal agreements (i) in an aggregate amount not to exceed Two Hundred Fifty Thousand Dollars ($250,000.00) in any fiscal year, provided that no Event of Default has occurred, is continuing or would exist after
giving effect to the repurchases, or (ii) in any amount where the consideration for the repurchase is the cancellation of indebtedness owed by such former employees to Borrower regardless of whether an Event of Default exists. 

“Permitted Subsidiary Investments” means (i) Investments by Borrower in Borrower’s Subsidiaries or Investments by one of Borrower’s
Subsidiaries in another of Borrower’s Subsidiaries in an amount not to exceed Five Hundred Thousand Dollars ($500,000.00) in the aggregate in any fiscal year, and (ii) contributions of capital to any foreign Subsidiary of Borrower as needed to
satisfy applicable minimum capitalization requirements in such Subsidiary’s jurisdiction in an amount not to exceed Five Hundred Thousand Dollars ($500,000.00) in the aggregate in any fiscal year. For the avoidance of doubt, payments to and
among Subsidiaries made under cost-plus arrangements shall not be deemed Investments for purposes of this Agreement. 
 “Permitted
Transfer” means the conveyance, sale, lease, transfer or disposition by Borrower or any Subsidiary of: 
  

	 	(a)	Inventory in the ordinary course of business; 

  

	 	(b)	Non-exclusive licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business, including those
contemplated by clause (l) of the definition of Permitted Liens; 

  

	 	(c)	Worn-out or obsolete Equipment not financed with the proceeds of a Credit Extension; 

 

	 	(d)	Permitted Subsidiary Investments; or 

  
 9 

	 	(e)	Other assets of Borrower or its Subsidiaries that do not in the aggregate exceed Five Hundred Thousand Dollars ($500,000.00) during any fiscal year.

 “Person” means any individual, sole proprietorship, partnership, limited liability company, joint venture, trust,
unincorporated organization, association, corporation, institution, public benefit corporation, firm, joint stock company, estate, entity or governmental agency. 
 “Prime Rate” means the variable rate of interest, per annum, most recently announced by Bank, as its “prime rate,” whether or not such announced rate is the lowest rate available from
Bank. 
 “Prohibited Territory” means any person or country listed by the Office of Foreign Assets Control of the United States
Department of Treasury as to which transactions between a United States Person and that territory are prohibited. 
 “Responsible
Officer” means each of the Chief Executive Officer, the Chief Operating Officer, the Chief Financial Officer and the Controller of Borrower. 
 “Revolving Line” means a Credit Extension of up to Seven Million Five Hundred Thousand Dollars 
 ($7,500,000.00). 
 “Revolving Maturity Date” means July 18, 2015. 

“Schedule” means the schedule of exceptions attached hereto and approved by Bank, if any. 

“SOS Reports” means the official reports from the Secretary of State of the Borrower State and other applicable federal, state or local
government offices identifying all current security interests filed in the Collateral and Liens of record as of the date of such report. 

“Strategic Investments” means each of RiverMeadow Software, Inc. and Sureline Systems, Inc. and any additional minority equity investments made
for bona fide strategic purposes in an aggregate amount not to exceed Five Million Dollars ($5,000,000.00). 
 “Subordinated Debt”
means any debt incurred by Borrower that is subordinated in writing pursuant to an Acceptable Subordination Agreement. 
 “Subsidiary”
means any corporation, partnership or limited liability company or joint venture in which (i) any general partnership interest or (ii) more than fifty percent (50%) of the stock, limited liability company interest or joint venture of which
by the terms thereof ordinary voting power to elect the Board of Directors, managers or trustees of the entity, at the time as of which any determination is being made, is owned by Borrower, either directly or through an Affiliate. 

“Trademarks” means any trademark and servicemark rights, whether registered or not, applications to register and registrations of the same and
like protections, and the entire goodwill of the business of Borrower connected with and symbolized by such trademarks. 

“TriplePoint” shall mean TriplePoint Capital, LLC. 
 “TriplePoint Loan Documents” shall have the meaning given such term in the TriplePoint Intercreditor Agreement. 
 “TriplePoint Intercreditor Agreement” shall mean the Intercreditor Agreement dated July 18, 2013, between Bank and TriplePoint, as the same may be amended or modified from time to time.

  
 10 

					
	DEBTOR:	  	VIOLIN MEMORY, INC.	  	
			
	SECURED PARTY:	  	COMERICA BANK	  	

 EXHIBIT B 
 COLLATERAL DESCRIPTION ATTACHMENT TO LOAN AND SECURITY AGREEMENT 
 All personal property of
Borrower (herein referred to as “Borrower” or “Debtor”) whether presently existing or hereafter created or acquired, and wherever located, including, but not limited to: 

 

	(a)	all accounts (including health-care-insurance receivables), chattel paper (including tangible and electronic chattel paper), deposit accounts, documents (including
negotiable documents), equipment (including all accessions and additions thereto), general intangibles (including payment intangibles and software), goods (including fixtures), instruments (including promissory notes), inventory (including all goods
held for sale or lease or to be furnished under a contract of service, and including returns and repossessions), investment property (including securities and securities entitlements), letter of credit rights, money, and all of Debtor’s books
and records with respect to any of the foregoing, and the computers and equipment containing said books and records; 

  

	(b)	all common law and statutory copyrights and copyright registrations, applications for registration, now existing or hereafter arising, in the United States of America
or in any foreign jurisdiction, obtained or to be obtained on or in connection with any of the foregoing, or any parts thereof or any underlying or component elements of any of the foregoing, together with the right to copyright and all rights to
renew or extend such copyrights and the right (but not the obligation) of Secured Party to sue in its own name and/or in the name of the Debtor for past, present and future infringements of copyright; 

 

	(c)	all trademarks, service marks, trade names and service names and the goodwill associated therewith, together with the right to trademark and all rights to renew or
extend such trademarks and the right (but not the obligation) of Secured Party to sue in its own name and/or in the name of the Debtor for past, present and future infringements of trademark; 

 

	(d)	other than Excluded IP, all (i) patents and patent applications filed in the United States Patent and Trademark Office or any similar office of any foreign
jurisdiction, and interests under patent license agreements, including, without limitation, the inventions and improvements described and claimed therein, (ii) licenses pertaining to any patent whether Debtor is licensor or licensee, (iii) income,
royalties, damages, payments, accounts and accounts receivable now or hereafter due and/or payable under and with respect thereto, including, without limitation, damages and payments for past, present or future infringements thereof, (iv) right (but
not the obligation) to sue in the name of Debtor and/or in the name of Secured Party for past, present and future infringements thereof, (v) rights corresponding thereto throughout the world in all jurisdictions in which such patents have been
issued or applied for, and (vi) reissues, divisions, continuations, renewals, extensions and continuations-in-part with respect to any of the foregoing; and 

 

	(e)	any and all cash proceeds and/or noncash proceeds of any of the foregoing, including, without limitation, insurance proceeds, and all supporting obligations and the
security therefor or for any right to payment. 

 All terms above have the meanings given to them in the California Uniform
Commercial Code, as amended or supplemented from time to time. 

  
 Exhibit B -
Page 1 

 EXHIBIT C 
 TECHNOLOGY & LIFE SCIENCES DIVISION 
 LOAN ANALYSIS

 LOAN ADVANCE/PAYDOWN REQUEST FORM 
 DEADLINE FOR SAME DAY PROCESSING IS 3:00* P.M, P.S.T. 
 DEADLINE FOR CREDIT
EXTENSIONS IS 3:00 P.M., P.S.T.** 
 DEADLINE FOR WIRE TRANSFERS IS 1.30 P.M, P.S.T. 

*At month end and the day before a holiday, the cut off time is 1:30 P.M., P.S.T. 

**Subject to 3 day advance notice. 
  

													
	TO: Loan Analysis	  	DATE:	 	 	  		  	TIME:	 	 	  	
	FAX #: (650) 462-6061                	  		 		  		  		 		  	

  

									
	 	 	 	 
	FROM:	 	 Violin Memory, Inc.
	 		  	TELEPHONE REQUEST (For Bank Use Only):
	 	 	Borrower’s Name	 		  		  	 
	 			 
	FROM:	 	  
	 		  	The following person is authorized to request the loan payment transfer/loan advance on the designated account
and is known to me.
	 	 	Authorized Signer’s Name	 		  		  	 
	 			 	 
	FROM:	 	  
	 		  		  	  

	 	 	Authorized Signature (Borrower)	 		  		  	Authorized Requester & Phone #
	 			 	 
	PHONE #	 	  
	 		  		  	  

	 	 		 		  		  	Received by (Bank) & Phone #
	FROM ACCOUNT#:	 	  
	 		  		  	 
	(please include Note number, if applicable)	 		  		  	  

	 	 		 		  		  	Authorized Signature (Bank)
	TO ACCOUNT#:	 	  
	 		  		  	 
	 (please include Note number, if
applicable)
  
	 	 	  	 	  	 

  

									
	REQUESTED TRANSACTION TYPE	  	 	 	REQUESTED DOLLAR AMOUNT	 	 	  	For Bank Use Only
	 				 
	PRINCIPAL INCREASE* (ADVANCE)	  	$	 	  
	 		  	Date Rec’d:
	PRINCIPAL PAYMENT (ONLY)	  	$	 	  
	 		  	Time:
	 	  		 		 		  	Comp. Status:         YES     NO
	OTHER INSTRUCTIONS:	  		 		 		  	Status Date:
	  
	 		  	Time:
	  
	 		  	Approval:
	  
	 		  	 
	 	  	 	 	 	 	 	  	 

 All representations and warranties of Borrower stated in the Loan and Security Agreement are true, correct and complete
in all material respects as of the date of the telephone request for an advance confirmed by this Borrowing Certificate; provided, however, that those representations and warranties expressly referring to another date shall be true, correct and
complete in all material respects as of such date, in each case after giving effect to the Schedules (as updated from time to time in accordance with the Loan and Security Agreement). 
 *IS THERE A WIRE REQUEST TIED TO THIS LOAN ADVANCE? (PLEASE CIRCLE ONE) YES NO 
 If YES, the Outgoing Wire Transfer Instructions must be completed below. 
  

							
	OUTGOING WIRE TRANSFER INSTRUCTIONS	  	 Fed Reference Number

 
	  	
Bank Transfer Number            

 

	 
	The items marked with an asterisk (*) are
required to be completed.
	*Beneficiary Name	  	 	  	 	  	 
	*Beneficiary Account Number	  	 	  	 	  	 
	*Beneficiary Address	  	 	  	 	  	 
	Currency Type	  	US DOLLARS ONLY	  	 	  	 
	*ABA Routing Number (9 Digits)	  	 	  	 	  	 
	*Receiving Institution Name	  	 	  	 	  	 
	*Receiving Institution Address	  	 	  	 	  	 
	*Wire Amount	  	$	  	 	  	 

  
 Exhibit C -
Page 1 

 EXHIBIT D 
 FORM OF BORROWING BASE CERTIFICATE 
 (See attached) 

  
 Exhibit D -
Page 1 

			
	

	  	 REPORT OF ACCOUNTS RECEIVABLE & INVENTORY

	Comerica Bank	  	(Company should retain a copy of this report for its records.)

 We submit the following information in connection with the Security Agreement(s) (Accounts Receivable and Inventory)
heretofore executed by the undersigned in favor of the bank. This report is dated 04/03/03, and this report’s sequential transmittal number is 001. 
  

							
	 ACCOUNTS RECEIVABLE AND INVENTORY     SUBMIT TO:
ABLMontioringSouth@comerica.com
	   

			
	1.	  	Prior Month Balance Accounts Receivable         
      8/31/09      	  	$	0.00	  
		  		  	  
	  
	 
	2.	  	Charges Billed This Month to Date (Dr to A/R)	  	 	+     0.00	  
		  		  	  
	  
	 
	3.	  	Credits Month to Date (Cr to A/R)	  			
		  	A. Payments ( - )            
                    0.00 	  			
		  	B. Adjustments ( +/- )     
                   0.00 	  	 	-     0.00	  
		  		  	  
	  
	 
	4.	  	New Month Balance Accounts Receivable         
      9/30/09      	  	$	0.00	  
		  		  	  
	  
	 
			
	5.	  	Accounts Receivable Date           
                      (For daily or weekly only)	  			
	5 A	  	Charges Since Last Report                         0.00 
(For daily or weekly only)	  			
	5 B	  	Payments Since Last Report                       0.00  (For daily
or weekly only)	  			
			
	6.	  	Ineligible Accounts (see detailed Worksheets)	  	 	-     0.00	  
		  		  	  
	  
	 
	7.	  	Net Eligible Accounts Receivable (Line 4 less Line 6)	  	$	0.00	  
		  		  	  
	  
	 
	8.	  	Loan Formula @ 80% of Net Eligible Accounts Receivable	  	$	0.00	  
		  		  	  
	  
	 
	9	  	Inventory Collateral (Line 6 of Inventory BBC)	  	 	0.00	  
			
	10.	  	Total Collateral Loan Formula	  	$	0.00	  
		  		  	  
	  
	 
	11.	  	Borrowing Base (Minimum of Line 10 and Maximum Line Allowed) 	  	$	 0.00	  
		  		  	  
	  
	 
		  	              Line Limited To Maximum of :
              $             —  	  			
	
	 LOAN BALANCES AS OF :
                       9/30/09      
	   

	12.	  	Balance of Revolving Line of Credit	  	$	0.00	  
		  		  	  
	  
	 
	13.	  	Libor Balance if Applicable :	  	$	0.00	  
		  		  	  
	  
	 
	14.	  	Letters of Credit / BAs if Applicable :	  	$	0.00	  
		  		  	  
	  
	 
	15.	  	Total Outstanding Loan Balances :	  	$	0.00	  
		  		  	  
	  
	 
	16.	  	Net Loan Availability	  	$	0.00	  
		  		  	  
	  
	 

 AS SECURITY FOR ALL OBLIGATIONS OF THE UNDERSIGNED, DIRECT OR CONTINGENT, WHICH ARE NOW OWING OR WHICH HEREAFTER MAY BE
OWING TO COMERICA BANK. THE COMPANY HEREBY ASSIGNS AND GRANTS TO SAID BANK A SECURITY INTEREST IN THE ACCOUNTS LISTED IN THE ABOVE SCHEDULE. MONIES DUE UPON THE SAME AND ALL MERCHANDISE RETURNED OR REJECTED. THE COMPANY REPRESENTS THAT THE ABOVE
SCHEDULE CORRECTLY SETS FORTH THE ACCOUNTS NOW OWING THE UNDERSIGNED FOR BONA FIDE SALES AND DELIVERIES OF MERCHANDISE; THAT THERE ARE NO OFFSETS OR COUNTER-CLAIMS OF ANY NATURE WHATSOEVER AGAINST ANY OF THE ACCOUNTS; THAT NONE OF THE SAID ACCOUNTS
ARE PAST DUE (EXCEPT AS NOTED ON LINE 6); THAT PROPER ENTRIES HAVE BEEN MADE ON THE BOOKS OF THE COMPANY DISCLOSING THE ASSIGNMENT OF SUCH ACCOUNTS TO SAID BANK; THAT NONE OF SAID ACCOUNTS HAVE BEEN SOLD OR ASSIGNED TO ANY OTHER PARTY; THAT SAID
ACCOUNTS ARE ASSIGNED PURSUANT TO AND IN ACCORDANCE WITH ALL THE TERMS AND PROVISIONS OF THE SECURITY AGREEMENT AND ANY OTHER AGREEMENT EXECUTED BY THE COMPANY AND COMERICA BANK RELATING TO ADVANCES TO BE MADE BY SAID BANK ON SUCH ACCOUNTS AND THE
ASSIGNMENT THEREOF; AND THAT ALL SUCH ACCOUNTS ARE ELIGIBLE ACCOUNTS (EXCEPT AS NOTED ON LINE 6); AS DEFINED IN SAID SECURITY AGREEMENTS. 
  

					
	  
 Company
Name
	 		 	  
 Authorized
Signature

 EXHIBIT E 
 COMPLIANCE CERTIFICATE 
  

			
	Please send all Required Reporting to:	  	 Comerica Bank

Technology & Life Sciences Division

Loan Analysis Department
 250 Lytton
Avenue
 3rd Floor, MC 4240
 Palo Alto
CA 94301
 Phone: (650) 462-6060

Fax: (650) 462-6061
 Email:
jvnguyen@comerica.com

 FROM: Violin Memory, Inc. 
 The undersigned authorized Officer of Violin Memory, Inc. (“Borrower”), hereby certifies that in accordance with the terms and conditions of the Loan and Security Agreement between Borrower and
Bank (the “Agreement”), (i) Borrower is in complete compliance for the period ending                 , 201        
with all required covenants, including without limitation the ongoing registration of intellectual property rights in accordance with Section 6.8, except as noted below and (ii) all representations and warranties of Borrower stated in the
Agreement are true and correct in all material respects as of the date hereof; provided, however, that those representations and warranties expressly referring to another date shall be true, correct and complete in all material respects as of such
date, in each case after giving effect to the Schedules (as updated from time to time in accordance with the Loan and Security Agreement). Attached herewith are the required documents supporting the above certification (“Supporting
Documents”). The Officer further certifies the Supporting Documents are prepared in accordance with Generally Accepted Accounting Principles (GAAP) and are consistently applied from one period to the next except as explained in an accompanying
letter or footnotes. 
 Please indicate compliance status by circling Yes/No under “Complies” or “Applicable” column,

  

															
	 REPORTING COVENANTS
	  	 REQUIRED
	 	  	COMPLIES	 
	 Company Prepared Monthly F/S
	  	Pre-IPO: Monthly, within 30 days	  	  	 	YES	  	  	 	NO	  
		  	Post-IPO: Quarterly, within 30 days	  	  				  			
	 Compliance Certificate
	  	Pre-IPO: Monthly, within 30 days	  	  	 	YES	  	  	 	NO	  
		  	Post-IPO: Quarterly, within 30 days	  	  				  			
	 CPA Audited. Unqualified F/S
	  	Annually, within 180 days of FYE	  	  	 	YES	  	  	 	NO	  
	 Borrowing Base Cert, A/R & A/P Agings
	  	Monthly, within 10 days	  	  	 	YES	  	  	 	NO	  
	 Annual Board Approved Business Plan and Budget
	  	Annually, within 30 days after beginning of each FY	  	  	 	YES	  	  	 	NO	  
	 Intellectual Property Report
	  	Annually, within 30 days	  	  	 	YES	  	  	 	NO	  
	 Audit
	  	Semi-annual	  	  	 	YES	  	  	 	NO	  
				
	 If Public:
	  			  				  			
	 10-Q
	  	Quarterly, within 5 days of SEC filing (50 days)	  	  	 	YES	  	  	 	NO	  
	 10-K
	  	Annually, within 5 days of SEC filing (95 days)	  	  	 	YES	  	  	 	NO	  
				
	 Total amount of Borrower’s cash and investments
	  	Amount:
$                            	  	  	 	YES	  	  	 	NO	  
	 Total amount of Borrower’s cash and investments maintained with Bank
	  	Amount:
$                            	  	  	 	YES	  	  	 	NO	  
			
	 	  	 DESCRIPTION
	 	  	APPLICABLE	 
	 Legal Action > $500,000 (Sect. 6.2(iv))
	  	Notify promptly upon notice
                            	  	  	 	YES	  	  	 	NO	  
	 Inventory Disputes> $500,000 (Sect. 6.3)
	  	Notify promptly upon notice
                            	  	  	 	YES	  	  	 	NO	  
	 Mergers > $100,000 (Sect. 7.3)
	  	Notify promptly upon notice
                            	  	  	 	YES	  	  	 	NO	  
	 Cross default with other agreements >$250,000 (Sect. 8.7)
	  	Notify promptly upon notice
                            	  	  	 	YES	  	  	 	NO	  
	 Judgments > $250,000 (Sect. 8.9)
	  	Notify promptly upon notice
                            	  	  	 	YES	  	  	 	NO	  
				
	FINANCIAL COVENANTS	  	REQUIRED	  	ACTUAL	 	  	COMPLIES	 
	 Permitted Indebtedness for equipment leases
	  	<$1,000,000	  	 	$                          
  	  	  	 	YES	  	  	 	NO	  
	 Permitted Investments for stock repurchase
	  	<$250,000	  	 	$                          
  	  	  	 	YES	  	  	 	NO	  
	 Permitted Subsidiary Investments
	  	<$500,000	  	 	$                          
  	  	  	 	YES	  	  	 	NO	  
	 Permitted Subsidiary Investments re Foreign Capital Contribution
	  	<$500,000	  	 	$                          
  	  	  	 	YES	  	  	 	NO	  
	 Requirements
	  		  				  				  			
	 Permitted Investments for employee loans
	  	<$ 500,000	  	 	$                          
  	  	  	 	YES	  	  	 	NO	  
	 Permitted Investments for joint ventures
	  	<$500,000	  	 	$                          
  	  	  	 	YES	  	  	 	NO	  
	 Permitted Liens for equipment leases
	  	<$1,000,000	  	 	$                          
  	  	  	 	YES	  	  	 	NO	  
	 Permitted Transfers
	  	<$500,000	  	 	$                          
  	  	  	 	YES	  	  	 	NO	  
	 Please Enter Below Comments Regarding Violations:
	  		  				  				  			

  
 Exhibit E -
Page 1 

 The undersigned further acknowledges that at any time Borrower is not in compliance with all the terms set
forth in the Agreement, including, without limitation, the financial covenants, no Credit Extensions will be made. 
 Very truly yours,

  

	
	 Authorized Signer
  

	 Name

 

	Title

  
 Exhibit E -
Page 2 

 EXHIBIT F 
 INTEREST RATE ADDENDUM 
 (See Attached) 

  
 Exhibit F -
Page 1 

 Prime Referenced Rate Addendum 

To Loan and Security Agreement 
 This Prime Referenced Rate Addendum to Loan and Security Agreement (this “Addendum”) is entered into as of July 18, 2013, between Comerica Bank (“Bank”) and Violin Memory, Inc., a
Delaware corporation (“Borrower”). This Addendum supplements the terms of the Loan and Security Agreement dated July 18, 2013 (as the same may be amended, modified, supplemented, extended or restated from time to time, the
“Agreement”). 
 1. Definitions. As used in this Addendum, the following terms shall have the following meanings. Initially
capitalized terms used and not defined in this Addendum shall have the meanings ascribed thereto in the Agreement. 
 a.
“Applicable Margin” means one percent (1.00%) per annum. 
 b. “Business Day” means any day, other than
a Saturday, Sunday or any other day designated as a holiday under Federal or applicable State statute or regulation, on which Bank is open for all or substantially all of its domestic and international business (including dealings in foreign
exchange) in San Jose, California, and, in respect of notices and determinations relating the Daily Adjusting LIBOR Rate, also a day on which dealings in dollar deposits are also carried on in the London interbank market and on which banks are open
for business in London, England. 
 c. “Change in Law” means the occurrence, after the date hereof, of any of the
following: (i) the adoption or introduction of, or any change in any applicable law, treaty, rule or regulation (whether domestic or foreign) now or hereafter in effect and whether or not applicable to Bank on such date, or (ii) any change in
interpretation, administration or implementation thereof of any such law, treaty, rule or regulation by any Governmental Authority, or (iii) the issuance, making or implementation by any Governmental Authority of any interpretation, administration,
request, regulation, guideline, or directive (whether or not having the force of law), including any risk-based capital guidelines. For purposes of this definition, (x) a change in law, treaty, rule, regulation, interpretation, administration
or implementation shall include, without limitation, any change made or which becomes effective on the basis of a law, treaty, rule, regulation, interpretation administration or implementation then in force, the effective date of which change is
delayed by the terms of such law, treaty, rule, regulation, interpretation, administration or implementation, and (y) the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub. L. 111-203, H.R. 4173) and all requests,
rules, regulations, guidelines, interpretations or directives promulgated thereunder or issued in connection therewith shall be deemed to be a “Change in Law”, regardless of the date enacted, adopted, issued or promulgated, whether before
or after the date hereof, and (z) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States
regulatory authorities, in each case pursuant to Basel III, shall each be deemed to be a “Change in Law”, regardless of the date enacted, adopted, issued or implemented. 

d. “Daily Adjusting LIBOR Rate” means, for any day, a per annum interest rate which is equal to the quotient of the following:

  

	 	(1)	 for any day, the per annum rate of interest determined on the basis of the rate for deposits in United States Dollars for a period equal to one
(1) month appearing on Page BBAM of the Bloomberg Financial Markets Information Service as of 8:00 a.m. (California time) (or as soon thereafter as practical) on such day, or if such day is not a Business Day, on the immediately preceding
Business Day. In the event that such rate does not appear on Page BBAM of the Bloomberg Financial Markets Information Service (or otherwise on such Service) on any day, the “Daily Adjusting LIBOR Rate” for such day shall be determined by
reference to such other publicly available service for displaying eurodollar rates as may be reasonably selected by Bank, or in the absence of such other service, the “Daily Adjusting LIBOR Rate” for such day shall, instead, be determined
based upon the average of the rates at which Bank is offered dollar deposits at or about 8:00 a.m. (California time) (or as soon thereafter as practical), on such day, or if such day is not a Business Day, on the immediately preceding Business Day,
in the interbank eurodollar 

  
 -1-

	 	
market in an amount comparable to the outstanding principal amount of the Obligations and for a period equal to one (1) month; 

divided by 
  

	 	(2)	1.00 minus the maximum rate (expressed as a decimal) on such day at which Bank is required to maintain reserves on “Euro-currency Liabilities” as defined in
and pursuant to Regulation D of the Board of Governors of the Federal Reserve System or, if such regulation or definition is modified, and as long as Bank is required to maintain reserves against a category of liabilities which includes eurodollar
deposits or includes a category of assets which includes eurodollar loans, the rate at which such reserves are required to be maintained on such category. 

 e. “Governmental Authority” means the government of the United States of America or any other nation, or of any political subdivision thereof, whether state or local, and any agency, authority,
instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including, without limitation, any
supranational bodies such as the European Union or the European Central Bank). 
 f. “LIBOR Lending Office” means
Bank’s office located in the Cayman Islands, British West Indies, or such other branch of Bank, domestic or foreign, as it may hereafter designate as its LIBOR Lending Office by notice to Borrower. 

g. “Prime Rate” means the per annum interest rate established by Bank as its prime rate for its borrowers, as such rate may vary
from time to time, which rate is not necessarily the lowest rate on loans made by Bank at any such time. 
 h. “Prime
Referenced Rate” means, for any day, a per annum interest rate which is equal to the Prime Rate in effect on such day, but in no event and at no time shall the Prime Referenced Rate be less than the sum of the Daily Adjusting LIBOR Rate for
such day plus two and one-half percent (2.50%) per annum. If, at any time, Bank determines that it is unable to determine or ascertain the Daily Adjusting LIBOR Rate for any day, the Prime Referenced Rate for each such day shall be the Prime
Rate in effect at such time, but not less than two and one-half percent (2.50%) per annum. 
 2. Interest Rate Options. Subject to
the terms and conditions of this Addendum, the Obligations under the Agreement shall bear interest at the Prime Referenced Rate plus the Applicable Margin. 
 3. Payment of Interest. Accrued and unpaid interest on the unpaid balance of the Obligations outstanding under the Agreement shall be payable monthly, in arrears, on the first Business Day of each
month, until maturity (whether as stated herein, by acceleration, or otherwise). In the event that any payment under this Addendum becomes due and payable on any day which is not a Business Day, the due date thereof shall be extended to the next
succeeding Business Day, and, to the extent applicable, interest shall continue to accrue and be payable thereon during such extension at the rates set forth in this Addendum. Interest accruing hereunder shall be computed on the basis of a year of
360 days, and shall be assessed for the actual number of days elapsed, and in such computation, effect shall be given to any change in the applicable interest rate as a result of any change in the Prime Referenced Rate on the date of each such
change. 
 4. Bank’s Records. The amount and date of each advance under the Agreement, its applicable interest rate, and the amount
and date of any repayment shall be noted on Bank’s records, which records shall be conclusive evidence thereof, absent manifest error; provided, however, any failure by Bank to make any such notation, or any error in any such
notation, shall not relieve Borrower of its obligations to repay Bank all amounts payable by Borrower to Bank under or pursuant to this Addendum and the Agreement, when due in accordance with the terms hereof. 

  
 -2-

 5. Default Interest Rate. From and after the occurrence of any Event of Default, and so long as any
such Event of Default remains unremedied or uncured thereafter, the Obligations outstanding under the Agreement shall bear interest at a per annum rate of five percent (5%) above the otherwise applicable interest rate hereunder, which interest
shall be payable upon demand. In addition to the foregoing, a late payment charge equal to five percent (5%) of each late payment hereunder may be charged on any payment not received by Bank within ten (10) calendar days after the payment
due date therefor, but acceptance of payment of any such charge shall not constitute a waiver of any Event of Default under the Agreement. In no event shall the interest payable under this Addendum and the Agreement at any time exceed the maximum
rate permitted by law. 
 6. Prepayment. Borrower may prepay all or part of the outstanding balance of any Obligations at any time without
premium or penalty. Any prepayment hereunder shall also be accompanied by the payment of all accrued and unpaid interest on the amount so prepaid. Borrower hereby acknowledges and agrees that the foregoing shall not, in any way whatsoever, limit,
restrict, or otherwise affect Bank’s right to make demand for payment of all or any part of the Obligations under the Agreement due on a demand basis in Bank’s sole and absolute discretion. 

7. Regulatory Developments or Other Circumstances Relating to the Daily Adjusting LIBOR Rate. 

a. If any Change in Law shall: (a) subject Bank to any tax, duty or other charge with respect to this Addendum or any Obligations under
the Agreement, or shall change the basis of taxation of payments to Bank of the principal of or interest under this Addendum or any other amounts due under this Addendum in respect thereof (except for changes in the rate of tax on the overall net
income of Bank or its LIBOR Lending Office imposed by the jurisdiction in which Bank’s principal executive office or LIBOR Lending Office is located); or (b) impose, modify or deem applicable any reserve (including, without limitation, any
imposed by the Board of Governors of the Federal Reserve System), special deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by Bank, or shall impose on Bank or the foreign exchange and
interbank markets any other condition affecting this Addendum or the Obligations; and the result of any of the foregoing is to increase the cost to Bank of maintaining any part of the Obligations or to reduce the amount of any sum received or
receivable by Bank under this Addendum by an amount deemed by Bank to be material, then Borrower shall pay to Bank, within fifteen (15) days of Borrower’s receipt of written notice from Bank demanding such compensation, such additional
amount or amounts as will compensate Bank for such increased cost or reduction. A certificate of Bank, prepared in good faith and in reasonable detail by Bank and submitted by Bank to Borrower, setting forth the basis for determining such additional
amount or amounts necessary to compensate Bank shall be conclusive and binding for all purposes, absent manifest error. 
 b. In
the event that any Change in Law affects or would affect the amount of capital required or expected to be maintained by Bank (or any corporation controlling Bank), and Bank determines that the amount of such capital is increased by or based upon the
existence of any obligations of Bank hereunder or the maintaining of any Obligations, and such increase has the effect of reducing the rate of return on Bank’s (or such controlling corporation’s) capital as a consequence of such
obligations or the maintaining of such Obligations to a level below that which Bank (or such controlling corporation) could have achieved but for such circumstances (taking into consideration its policies with respect to capital adequacy), then
Borrower shall pay to Bank, within fifteen (15) days of Borrower’s receipt of written notice from Bank demanding such compensation, additional amounts as are sufficient to compensate Bank (or such controlling corporation) for any increase
in the amount of capital and reduced rate of return which Bank reasonably determines to be allocable to the existence of any obligations of Bank hereunder or to maintaining any Obligations. A certificate of Bank as to the amount of such
compensation, prepared in good faith and in reasonable detail by Bank and submitted by Bank to Borrower, shall be conclusive and binding for all purposes absent manifest error. 
 8. Legal Effect. Except as specifically modified hereby, all of the terms and conditions of the Agreement remain in full force and effect. 
 9. Conflicts. As to the matters specifically the subject of this Addendum, in the event of any conflict between this Addendum and the Agreement, the terms of this Addendum shall control.

 [Signatures on following page] 

  
 -3-

 IN WITNESS WHEREOF, the parties have agreed to the foregoing as of the date first set forth
above. 
  

							
	COMERICA BANK	  	VIOLIN MEMORY, INC.
				
	By:	  	/s/ Jeff Lee	  	By:	  	/s/ Donald Basile
	Name: 	  	Jeff Lee	  	Name: 	  	Donald Basile
	Title:	  	VP	  	Title:	  	CEO

 [Signature Page to Prime Referenced Rate Addendum to 

Loan and Security Agreement (Violin Memory, Inc.)] 

 EXHIBIT G 
 FORM OF SUBORDINATION AGREEMENT 
 (See Attached) 

  
 Exhibit G -
Page 1 

 EXHIBIT G 
 FORM OF SUBORDINATION AGREEMENT 
 This Subordination Agreement (this
“Agreement”) is made as of [Date] by and among each of the undersigned creditors (individually, a “Creditor” and, collectively, the “Creditors”), and Comerica Bank (“Bank”).

 Recitals 
 A. Violin Memory, Inc. (the “Borrower”), has requested and/or obtained certain loans or other credit accommodations from Bank which are or may be from time to time secured by assets and
property of Borrower. 
 B. Creditors have extended loans or other credit accommodations to Borrower, and/or may extend loans or
other credit accommodations to Borrower from time to time. 
 C. In order to induce Bank to extend credit to Borrower and, at
any time or from time to time, at Bank’s option, to make such further loans, extensions of credit, or other accommodations to or for the account of Borrower, or to purchase or extend credit upon any instrument or writing in respect of which
Borrower may be liable in any capacity, or to grant such renewals or extension of any such loan, extension of credit, purchase, or other accommodation as Bank may deem advisable, each Creditor is willing to subordinate: (i) all of
Borrower’s indebtedness and obligations to such Creditor (collectively, the “Subordinated Debt”), whether presently existing or arising in the future, including without limitation all of Borrower’s indebtedness and
obligations to each Creditor under all convertible promissory notes issued by Borrower to any Creditor at any time (collectively, the “Subordinated Notes” and each individually, a “Subordinated Note”) to all of
Borrower’s indebtedness to Bank; and (ii) all of each Creditor’s security interests, if any, to all of Bank’s security interests in the Borrower’s property. Notwithstanding the foregoing or anything to the contrary contained
in this Agreement, Bank and each Creditor acknowledge and agree that any equity securities, including any shares of Borrower’s common stock or preferred stock, issued by Borrower to Creditors in connection with or as a result of the conversion
of the Subordinated Notes, or any of them (collectively, “Equity Securities”), shall not be deemed “Subordinated Debt” for purposes of this Agreement. 

NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS: 
 1. Each Creditor subordinates to Bank any security interest or lien that such Creditor may have in any property of Borrower. Notwithstanding the respective dates of attachment or perfection of the
security interest of any Creditor and the security interest of Bank, the security interest of Bank in the Collateral, as defined in that certain Loan and Security Agreement between Borrower and Bank, dated as of July     , 2013
(as amended, restated, supplemented or replaced from time to time, the “Loan Agreement”), shall at all times be prior to the security interest of the Creditors. 

2. All Subordinated Debt is subordinated in right of payment to all obligations of Borrower to Bank now existing or hereafter arising,
together with all costs of collecting such 

 
obligations (including attorneys’ fees), including, without limitation, all interest accruing after the commencement by or against Borrower of any bankruptcy, reorganization or similar
proceeding, and all obligations under the Loan Agreement (the “Senior Debt”). 
 3. No Creditor will demand or
receive from Borrower (and Borrower will not pay to any Creditor) all or any part of the Subordinated Debt, by way of payment, prepayment, setoff, lawsuit or otherwise, nor will any Creditor exercise any remedy with respect to the Collateral, nor
will any Creditor commence, or cause to commence, prosecute or participate in any administrative, legal or equitable action against Borrower, for so long as any portion of the Senior Debt remains outstanding. Notwithstanding the foregoing, any
Subordinated Note may be converted into Equity Securities of Borrower on the terms and conditions set forth therein. 
 4. Other
than any Equity Securities received by Creditors in connection with the conversion of the Subordinated Notes, or any of them, each Creditor shall promptly deliver to Bank in the form received (except for endorsement or assignment by such Creditor
where required by Bank) for application to the Senior Debt any payment, distribution, security or proceeds received by such Creditor with respect to the Subordinated Debt other than in accordance with this Agreement. 

5. In the event of Borrower’s insolvency, reorganization or any case or proceeding under any bankruptcy or insolvency law or laws
relating to the relief of debtors, these provisions shall remain in full force and effect, and Bank’s claims against Borrower and the estate of Borrower shall be paid in full before any payment is made to any Creditor. 

6. For so long as any of the Senior Debt remains unpaid, each Creditor irrevocably appoints Bank as such Creditor’s attorney in
fact, and grants to Bank a power of attorney with full power of substitution, in the name of such Creditor or in the name of Bank, for the use and benefit of Bank, without notice to such Creditor, to perform at Bank’s option the following acts
in any bankruptcy, insolvency or similar proceeding involving Borrower: 
 (i) To file the appropriate claim or claims in
respect of the Subordinated Debt on behalf of such Creditor if such Creditor does not do so prior to 30 days before the expiration of the time to file claims in such proceeding and if Bank elects, in its sole discretion, to file such claim or
claims; and 
 (ii) To accept or reject any plan of reorganization or arrangement on behalf of such Creditor and to otherwise
vote such Creditor’s claims in respect of any Subordinated Debt in any manner that Bank deems appropriate for the enforcement of its rights hereunder. 
 7. For so long as any of the Senior Debt remains unpaid, each Creditor agrees that, following and during any Event of Default or in any bankruptcy, insolvency or similar proceeding involving Borrower and
with respect to the Subordinated Debt held by such Creditor only, such Creditor will not object to or oppose (i) the sale of the Borrower, or (ii) the sale or other disposition of any property of the Borrower, if Bank has consented to such
sale of the Borrower or sale or disposition of any property of the Borrower. If requested by Bank, each Creditor shall, following and during any Event of Default or in any bankruptcy, insolvency or similar proceeding involving Borrower and with
respect to the Subordinated Debt held by such 

  
 2 

 
Creditor only, affirmatively consent to such sale or disposition and shall take all necessary actions and execute such documents and instruments as Bank may reasonably request in connection with
and to facilitate such sale or disposition. 
 8. Each Creditor shall immediately affix a legend to the instruments evidencing
the Subordinated Debt stating that the instruments are subject to the terms of this Agreement. No amendment of the documents evidencing or relating to the Subordinated Debt shall directly or indirectly modify the provisions of this Agreement in any
manner which might terminate or impair the subordination of the Subordinated Debt or the subordination of the security interest or lien that any Creditor may have in any property of Borrower. By way of example, such instruments shall not be amended
to (i) increase the rate of interest with respect to the Subordinated Debt, or (ii) accelerate the payment of the principal or interest or any other portion of the Subordinated Debt. 

9. This Agreement shall remain effective for so long as Borrower owes any amounts to Bank under the Loan Agreement or otherwise. If, at
any time after payment in full of the Senior Debt any payments of the Senior Debt must be disgorged by Bank for any reason (including, without limitation, the bankruptcy of Borrower), this Agreement and the relative rights and priorities set forth
herein shall be reinstated as to all such disgorged payments as though such payments had not been made and each Creditor shall immediately pay over to Bank all payments received with respect to the Subordinated Debt (other than any Equity Securities
received by such Creditor in connection with the conversion of the Subordinated Notes, or any of them) to the extent that such payments would have been prohibited hereunder. At any time and from time to time, without notice to any Creditor, Bank may
take such actions with respect to the Senior Debt as Bank, in its sole discretion, may deem appropriate, including, without limitation, terminating advances to Borrower, increasing the principal amount, extending the time of payment, increasing
applicable interest rates, renewing, compromising or otherwise amending the terms of any documents affecting the Senior Debt and any collateral securing the Senior Debt, and enforcing or failing to enforce any rights against Borrower or any other
person. No such action or inaction shall impair or otherwise affect Bank’s rights hereunder. Each Creditor waives the benefits, if any, of Civil Code sections 2799, 2808, 2809, 2810, 2815, 2819, 2820, 2821, 2822, 2838, 2839, 2845, 2847, 2848,
2849, 2850, 2899 and 3433. 
 10. This Agreement shall bind any successors or assignees of the Creditors and shall benefit any
successors or assigns of Bank. This Agreement is solely for the benefit of the Creditors and Bank and not for the benefit of Borrower or any other party. Each Creditor further agrees that if Borrower is in the process of refinancing a portion of the
Senior Debt with a new lender, and if Bank makes a request of such Creditor, such Creditor shall agree to enter into a new subordination agreement with the new lender on substantially the terms and conditions of this Agreement. 

11. Each Creditor authorizes Bank to file with any applicable federal, state or local municipality or government agency any UCC-3
financing statement amendment as to any of such Creditor’s UCC-1 financing statements filed against Borrower, to evidence the subordination set forth in this Agreement. 

  
 3 

 12. This Agreement may be executed in two or more counterparts, each of which shall be
deemed an original and all of which together shall constitute one instrument. 
 13. This Agreement shall be governed by and
construed in accordance with the laws of the State of California, without giving effect to conflicts of laws principles. Each Creditor and Bank each hereby submit to the exclusive jurisdiction of the state and Federal courts located in California.
THE UNDERSIGNED ACKNOWLEDGE THAT THE RIGHT TO TRIAL BY JURY IS A CONSTITUTIONAL ONE, BUT THAT IT MAY BE WAIVED UNDER CERTAIN CIRCUMSTANCES. TO THE EXTENT PERMITTED BY LAW, EACH PARTY, AFTER CONSULTING (OR HAVING HAD THE OPPORTUNITY TO CONSULT) WITH
COUNSEL OF ITS, HIS OR HER CHOICE, KNOWINGLY AND VOLUNTARILY, AND FOR THE MUTUAL BENEFIT OF ALL PARTIES, WAIVES ANY RIGHT TO TRIAL BY JURY IN THE EVENT OF LITIGATION ARISING OUT OF OR RELATED TO THIS AGREEMENT OR ANY OTHER DOCUMENT, INSTRUMENT OR
AGREEMENT BETWEEN THE UNDERSIGNED PARTIES. 
 14. JUDICIAL REFERENCE PROVISION. 

(a) In the event the Jury Trial Waiver set forth above is not enforceable, the parties elect to proceed under this Judicial Reference
Provision. 
 (b) With the exception of the items specified in clause (c), below, any controversy, dispute or claim (each, a
“Claim”) between the parties arising out of or relating to this Agreement or any other document, instrument or agreement between the undersigned parties (collectively in this Section, the “Loan Documents”), will be
resolved by a reference proceeding in California in accordance with the provisions of Sections 638 et seq. of the California Code of Civil Procedure (“CCP”), or their successor sections, which shall constitute the exclusive remedy
for the resolution of any Claim, including whether the Claim is subject to the reference proceeding. Except as otherwise provided in the Loan Documents, venue for the reference proceeding will be in the Superior Court in the County where the real
property involved in the action, if any, is located or in a County where venue is otherwise appropriate under applicable law (the “Court”). 
 (c) The matters that shall not be subject to a reference are the following: (i) foreclosure of any security interests in real or personal property, (ii) exercise of selfhelp remedies (including,
without limitation, set-off), (iii) appointment of a receiver and (iv) temporary, provisional or ancillary remedies (including, without limitation, writs of attachment, writs of possession, temporary restraining orders or preliminary
injunctions). This Agreement does not limit the right of any party to exercise or oppose any of the rights and remedies described in clauses (i) and (ii) or to seek or oppose from a court of competent jurisdiction any of the items
described in clauses (iii) and (iv). The exercise of, or opposition to, any of those items does not waive the right of any party to a reference pursuant to this Agreement. 

(d) The referee shall be a retired Judge or Justice selected by mutual written agreement of the parties. If the parties do not agree
within ten (10) days of a written request to do so by any party, then, upon request of any party, the referee shall be selected by the Presiding Judge of the Court (or his or her representative). A request for appointment of a referee may be

  
 4 

 
heard on an ex parte or expedited basis, and the parties agree that irreparable harm would result if ex parte relief is not granted. 

(e) The parties agree that time is of the essence in conducting the reference proceedings. Accordingly, the referee shall be requested,
subject to change in the time periods specified herein for good cause shown, to (i) set the matter for a status and trial-setting conference within fifteen (15) days after the date of selection of the referee, (ii) if practicable, try
all issues of law or fact within one hundred twenty (120) days after the date of the conference and (iii) report a statement of decision within twenty (20) days after the matter has been submitted for decision. 

(f) The referee will have power to expand or limit the amount and duration of discovery. The referee may set or extend discovery
deadlines or cutoffs for good cause, including a party’s failure to provide requested discovery for any reason whatsoever. Unless otherwise ordered based upon good cause shown, no party shall be entitled to “priority” in conducting
discovery, depositions may be taken by either party upon seven (7) days written notice, and all other discovery shall be responded to within fifteen (15) days after service. All disputes relating to discovery which cannot be resolved by
the parties shall be submitted to the referee whose decision shall be final and binding. 
 (g) Except as expressly set forth in
this Agreement, the referee shall determine the manner in which the reference proceeding is conducted including the time and place of hearings, the order of presentation of evidence, and all other questions that arise with respect to the course of
the reference proceeding. All proceedings and hearings conducted before the referee, except for trial, shall be conducted without a court reporter, except that when any party so requests, a court reporter will be used at any hearing conducted before
the referee, and the referee will be provided a courtesy copy of the transcript. The party making such a request shall have the obligation to arrange for and pay the court reporter. Subject to the referee’s power to award costs to the
prevailing party, the parties will equally share the cost of the referee and the court reporter at trial. 
 (h) The referee
shall be required to determine all issues in accordance with existing case law and the statutory laws of the State of California. The rules of evidence applicable to proceedings at law in the State of California will be applicable to the reference
proceeding. The referee shall be empowered to enter equitable as well as legal relief, enter equitable orders that will be binding on the parties and rule on any motion which would be authorized in a court proceeding, including without limitation
motions for summary judgment or summary adjudication. The referee shall issue a decision at the close of the reference proceeding which disposes of all claims of the parties that are the subject of the reference. Pursuant to CCP § 644, such
decision shall be entered by the Court as a judgment or an order in the same manner as if the action had been tried by the Court and any such decision will be final, binding and conclusive. The parties reserve the right to appeal from the final
judgment or order or from any appealable decision or order entered by the referee. The parties reserve the right to findings of fact, conclusions of laws, a written statement of decision, and the right to move for a new trial or a different
judgment, which new trial, if granted, is also to be a reference proceeding under this provision. 

  
 5 

 (i) If the enabling legislation which provides for appointment of a referee is repealed (and
no successor statute is enacted), any dispute between the parties that would otherwise be determined by reference procedure will be resolved and determined by arbitration. The arbitration will be conducted by a retired judge or Justice, in
accordance with the California Arbitration Act §1280 through §1294.2 of the CCP as amended from time to time. The limitations with respect to discovery set forth above shall apply to any such arbitration proceeding. 

(j) THE PARTIES RECOGNIZE AND AGREE THAT ALL CONTROVERSIES, DISPUTES AND CLAIMS RESOLVED UNDER THIS REFERENCE PROVISION WILL BE DECIDED
BY A REFEREE AND NOT BY A JURY. AFTER CONSULTING (OR HAVING HAD THE OPPORTUNITY TO CONSULT) WITH COUNSEL OF ITS, HIS OR HER OWN CHOICE, EACH PARTY KNOWINGLY AND VOLUNTARILY, AND FOR THE MUTUAL BENEFIT OF ALL PARTIES, AGREES THAT THIS REFERENCE
PROVISION WILL APPLY TO ANY CONTROVERSY, DISPUTE OR CLAIM BETWEEN OR AMONG THEM ARISING OUT OF OR IN ANY WAY RELATED TO, THIS AGREEMENT OR THE OTHER LOAN DOCUMENTS. 
 15. This Agreement represents the entire agreement with respect to the subject matter hereof, and supersedes all prior negotiations, agreements and commitments. No Creditor is relying on any
representations by Bank or Borrower in entering into this Agreement, and each Creditor has kept and will continue to keep itself fully apprised of the financial and other condition of Borrower. This Agreement may be amended only by written
instrument signed by the Creditors holding a majority in principal of the Subordinated Debt and Bank. 
 16. In the event of any
legal action to enforce the rights of a party under this Agreement, the party prevailing in such action shall be entitled, in addition to such other relief as may be granted, all reasonable costs and expenses, including reasonable attorneys’
fees, incurred in such action. 
 [Remainder of page left intentionally blank; Signature page follows.] 

  
 6 

 IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date first above
written. 
  

			
		 	“Creditor”
		
	 Creditors
 that are
Individuals:
	 	  

		 	(name of individual)
		
		 	  

(signature)

		
		 	  
 (mailing
address)

		
		 	  
 (email)
                                         
                                 (telephone)

  

					
		
	 Creditors
 that are
Entities:
	 	  

		 	(name of entity)
		
		 	  

(signature)

			
		 	Signatory Name:	 	  

			
		 	Signatory Title:	 	  

		
		 	  

(mailing address)

		
		 	  

(email)                        
                                      
(telephone)

  

					
		 	“Bank”
		
		 	COMERICA BANK
			
		 	By:	 	  

		 	Name:	 	  

  

  
 Signature
Page to Comerica Subordination Agreement 

 
			
	Title:	 	  

  

  
 Signature
Page to Comerica Subordination Agreement 

 The undersigned approves of the terms of this Agreement. 

 

			
	“Borrower”
	
	VIOLIN MEMORY, INC.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  

  
 Signature
Page to Comerica Subordination Agreement

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