Document:

exv10w14

 

Exhibit 10.14

2494.CNSLT.001

DeLateur, Richard

FLUIDIGM CORPORATION

CONSULTING AGREEMENT

This Consulting Agreement (“Agreement”) is made and entered into as of February 29, 2008, by
and between FLUIDIGM CORPORATION, a Delaware Corporation with place of business at 7100 Shoreline
Court, South San Francisco, CA 94080 (the “Company”), and RICHARD DeLATEUR, residing at 1333 Jones
Street, San Francisco, CA 94109 (“Consultant”). The Company desires to retain Consultant as an
independent contractor to perform services for the Company and Consultant is willing to perform
such services, on terms set forth more fully below. Consultant’s specific services are not
currently part of Company’s core business and therefore Company needs to independently contract for
Consultant’s specific skill set, and the Company does not retain the authority to direct the
day-to-day performance of Consultant’s services, but rather is requesting certain tasks to be
accomplished by Consultant based upon Consultant’s specific skill set and expertise.

     In consideration of the mutual promises contained herein, the parties agree
as follows:

     1. SERVICES AND COMPENSATION

          (a) Services. Consultant agrees to perform for the Company the services described in
Exhibit A attached hereto and incorporated herein (“Services”) and any other such Services
as the Company may prescribe.

          (b) Compensation. The Company agrees to pay Consultant as set forth in Exhibit A
attached hereto and incorporated herein

          (c) Equity Incentives. Consultant agrees that he will not receive any stock options or
other equity incentives as compensation for the Services provided hereunder. Consultant further
acknowledges and agrees that as of February 29, 2008 (the effective date of this Agreement and the
date Consultant terminated as an employee of the Company), Consultant held options to acquire
610,000 shares of the Company’s Common Stock (the “Option”) under the Company’s 1999 Stock Option
Plan (the “Plan”). Consultant agrees that (i) as of February 29, 2008, the Option was vested with
respect to 324,582 shares of Common Stock (the “Vested Shares”); (ii) the Option will immediately
terminate as of February 29, 2008 with respect to all shares that are not Vested Shares; and (iii)
Consultant’s right to exercise the Option with respect to Vested Shares will be governed by the
terms of the Plan and the agreement between the Company and Consultant documenting the Option,
which permits the Consultant limited rights to exercise the Option with respect to Vested Shares
after the Consultant has ceased to be a “Service Provider” to the Company (e.g., ninety days from
end of Service Provider period and as otherwise defined in the Plan). Consultant represents and
warrants that he has read the Plan and such option agreement and understands his rights thereunder
with respect to the exercise of Vested Shares. Consultant further represents and warrants that he
has consulted or will consult with such tax and financial advisors as he deems appropriate with
respect to any decision to exercise or not to exercise the Option.

2/29/2008

 

 

     2. CONFIDENTIALITY

          (a) Definition. “Confidential Information” means any Company (including its parents,
subsidiaries, or affiliates) proprietary information, technical data, trade secrets or know-how,
including, but not limited to, research, product plans, products, services, customers, customer
lists, markets, software, developments, inventions, processes, formulas, technology, designs,
drawings, engineering, hardware configuration information, marketing, finances or other business
information disclosed by the Company either directly or indirectly in writing, orally or by
drawings or inspection of parts or equipment. Confidential Information does not include information
which is known to Consultant at the time of disclosure to Consultant by the Company as evidenced by
written records of Consultant, has become publicly known and made generally available through no
wrongful act of Consultant, or has been rightfully received by Consultant from a third party who is
authorized to make such disclosure.

          (b) Non-Use and Non-Disclosure. Consultant will not, during or subsequent to the term
of this Agreement, use the Company’s Confidential Information for any purpose whatsoever other than
the performance of the Services on behalf of the Company or disclose the Company’s Confidential
Information to any third party. It is understood that said Confidential Information shall remain
the sole property of the Company. Consultant further agrees to take all reasonable precautions to
prevent any unauthorized disclosure of such Confidential Information including, but not limited to,
having each employee of Consultant, if any, with access to any Confidential Information, execute a
nondisclosure agreement containing provisions in the Company’s favor identical to Sections 2
(Confidentiality), 3 (Ownership) and 4 (Conflicting Obligations) of this Agreement. Without the
Company’s prior written approval, Consultant will not directly or indirectly disclose to anyone the
existence of this Agreement or the fact that Consultant has this arrangement with the Company.

          (c) Former Employer’s Confidential Information. Consultant agrees that Consultant will
not, during the term of this Agreement, improperly use or disclose any proprietary information or
trade secrets of any former or current employer or other person or entity with which Consultant has
an agreement or duty to keep in confidence information acquired by Consultant, if any, and that
Consultant will not bring onto the premises of the Company any unpublished document or proprietary
information belonging to such employer, person or entity unless consented to in writing by such
employer, person or entity. Consultant will indemnify the Company and hold it harmless from and
against all claims, liabilities, damages and expenses, including reasonable attorneys fees and
costs of suit, arising out of or in connection with any violation or claimed violation of a third
party’s rights resulting in whole or in part from the Company’s use of the work product of
Consultant under this Agreement.

          (d) Third Party Confidential Information. Consultant recognizes that the Company has
received and in the future will receive from third parties their confidential or proprietary
information subject to a duty on the Company’s part to maintain the confidentiality of such
information and to use it only for certain limited purposes. Consultant agrees that Consultant owes
the Company and such third parties, during the term of this Agreement and thereafter, a duty to
hold all such confidential or proprietary information in the strictest confidence and not to
disclose it to any person, firm or corporation or to use it except as necessary in carrying out the
Services for the Company consistent with the Company’s agreement with such third party.

          (e) Return of Materials. Upon the termination of this Agreement, or upon Company’s
earlier request, Consultant will deliver to the Company all of the Company’s property or
Confidential Information that Consultant may have in Consultant’s possession or control. Consultant
agrees to sign and deliver the Termination Certification attached hereto as Exhibit B.

 

 

     3. OWNERSHIP

          (a) Assignment. Consultant has attached hereto, as Exhibit C, a list
describing all inventions, original works of authorship, developments, improvements, and trade
secrets, which were made by Consultant prior to the date of this Agreement, which belong to
Consultant and which relate to the business of the Company. If no such list is attached or left
blank, Consultant represents that there are no such inventions. Consultant agrees that all
copyrightable material, notes, records, drawings, designs, inventions, improvements, developments,
discoveries and trade secrets (collectively, “Inventions”) conceived, made or discovered by
Consultant, solely or in collaboration with others, during the period of this Agreement which
relate in any manner to the business of the Company that Consultant may be directed to undertake,
investigate or experiment with, or which Consultant may become associated with in work,
investigation or experimentation in the line of business of Company in performing the Services
hereunder, are the sole property of the Company. Consultant further agrees to assign (or cause to
be assigned) and does hereby assign fully to the Company all Inventions and any copyrights,
patents, mask work rights or other intellectual property rights relating thereto.

          (b) Further Assurances. Consultant agrees to assist Company, or its designee, at the
Company’s expense, in every proper way to secure the Company’s rights in the Inventions and any
copyrights, patents, mask work rights or other intellectual property rights relating thereto in any
and all countries, including the disclosure to the Company of all pertinent information and data
with respect thereto, the execution of all applications, specifications, oaths, assignments and all
other instruments which the Company shall deem necessary in order to apply for and obtain such
rights and in order to assign and convey to the Company, its successors, assigns and nominees the
sole and exclusive right, title and interest in and to such Inventions, and any copyrights,
patents, mask work rights or other intellectual property rights relating thereto. Consultant
further agrees that Consultant’s obligation to execute or cause to be executed, when it is in
Consultant’s power to do so, any such instrument or papers shall continue after the termination of
this Agreement.

          (c) Pre-Existing Materials. Consultant agrees that if in the course of performing the
Services, Consultant incorporates into any Invention developed hereunder any invention,
improvement, development, concept, discovery or other proprietary information owned by Consultant
or in which Consultant has an interest, (i) Consultant shall inform Company, in writing before
incorporating such invention, improvement, development, concept, discovery or other proprietary
information into any Invention; and (ii) the Company is hereby granted and shall have a
nonexclusive, royalty-free, perpetual, irrevocable, worldwide license to make, have made, modify,
use and sell such item as part of or in connection with such Invention. Consultant shall not
incorporate any invention, improvement, development, concept, discovery or other proprietary
information owned by any third party into any Invention without Company’s prior written permission.

          (d) Attorney in Fact. Consultant agrees that if the Company is unable because of
Consultant’s unavailability, dissolution, mental or physical incapacity, or for any other reason,
to secure Consultant’s signature to apply for or to pursue any application for any United States or
foreign patents or mask work or copyright registrations covering the Inventions assigned to the
Company above, then Consultant hereby irrevocably designates and appoints the Company and its duly
authorized officers and agents as Consultant’s agent and attorney in fact, to act for and in
Consultant’s behalf and stead to execute and file any such applications and to do all other
lawfully permitted acts to further the prosecution and issuance of patents, copyright and mask work
registrations thereon with the same legal force and effect as if executed by Consultant.

 

 

     4. CONFLICTING OBLIGATIONS

          Consultant certifies that Consultant has no outstanding agreement or obligation that is
in conflict with any of the provisions of this Agreement, or that would preclude Consultant
from complying with the provisions hereof, and further certifies that Consultant will not
enter into any such conflicting agreement during the term of this Agreement.

     5. TERM AND TERMINATION

          (a) Term. This Agreement will commence on the date first written above and
will continue until the earlier of (i) final completion of the Services or (ii) termination as provided
below; provided, however, that the term will expire on May 17, 2008 unless agreed otherwise in
writing by both
parties.

          (b) Termination. Without limiting any rights which either party to this Agreement may
have by reason of any default by the other party, the Consultant reserves the right to terminate
this Agreement at his convenience by written notice given to the Company, and the Company my
terminate this Agreement for Cause immediately upon written notice to the Consultant. Any
termination by the Consultant shall be effective upon the date not earlier than 30 days following
the effective date of such notice as shall be specified in said notice, and any termination by the
Company shall be effective immediately upon delivery of written notice thereof to the Consultant if
personally delivered or forty-eight (48) hours after deposited in the United States mail, postage
pre-aid, registered or certified mail, return receipt requested. For purposes of this Agreement,
“Cause” shall mean (i) Consultant’s repeated failure to perform his duties or responsibilities as a
Consultant as directed or assigned by an officer of the Company; (ii) Consultant’s personally
engaging in knowing and intentional illegal conduct which is seriously injurious to the Company or
its affiliates; (iii) Consultant’s being convicted of a felony, or committing an act of dishonesty
or fraud against, or the misappropriation of property belonging to, the Company or its affiliates;
or (iv) any breach by Consultant of any provision of this Agreement or any other agreement between
Consultant and the Company.

          (c) Survival. Upon such termination all rights and duties of the parties toward
each other shall cease except:

               (i) that the Company shall be obliged to pay, within thirty (30) days
of the
effective date of termination, all amounts owing to Consultant for satisfactory Services
completed and accepted by the Company through the termination date and if a work in progress,
Company shall be liable only for the pro rata portion of the completed work, and related
expenses, if any, in accordance with the provisions of Section 1 (Services and Compensation)
hereof; and

               (ii) Sections 2 (Confidentiality), 3 (Ownership) and 7 (Independent Contractors) shall
survive termination of this Agreement.

     6. ASSIGNMENT

          Neither this Agreement nor any right hereunder or interest herein may be assigned or
transferred by Consultant without the express written consent of the Company.

     7. INDEPENDENT CONTRACTOR

          (a) Independent Contractor Status. It is the express intention of the
parties that Consultant is an independent contractor. Nothing in this Agreement shall in any
way be construed to constitute Consultant as an agent, employee or representative of the
Company, but Consultant shall perform

 

 

the Services hereunder as an independent contractor. Consultant agrees to furnish (or reimburse the
Company for) all tools and materials necessary to accomplish this contract, and shall incur all
expenses associated with performance, except as expressly provided on Exhibit A of this
Agreement. Consultant acknowledges and agrees that Consultant is obligated to report as income all
compensation received by Consultant pursuant to this Agreement, and Consultant agrees to and
acknowledges the obligation to pay all self-employment and other taxes thereon. Consultant further
agrees to indemnify and hold harmless the Company and its directors, officers, and employees from
and against all taxes, losses, damages, liabilities, costs and expenses, including attorney’s fees
and other legal expenses, arising directly or indirectly from (i) any negligent, reckless or
intentionally wrongful act of Consultant or Consultant’s assistants, employees or agents, (ii) a
determination by a court or agency that the Consultant is not an independent contractor, or (iii)
any breach by the Consultant or Consultant’s assistants, employees or agents of any of the
covenants contained in this Agreement.

          (b) Consultation for Others. Consultant is free to perform work as a consultant or
employee for any other entity and/or person provided that such engagement does not create a
conflict of interest with Consultant’s obligations to Company. Specifically, none of Consultant’s
services for any other entity and/or person shall compromise in any way the Company’s “Confidential
Information” as defined in Section 2 (Confidentiality). Further, Consultant must, at all times
comply with Section 2 (Confidentiality).

          (c) Employment of Assistants. Consultant may, at Consultant’s own expense, employ
such assistants as Consultant deems necessary to perform the services required of Consultant by
this Agreement. Consultant assumes full and sole responsibility for the payment of all
compensation and expenses of these assistants and for all federal, state and local income taxes,
unemployment insurance, workers’ compensation insurance, disability insurance, Social Security
taxes, and other applicable withholdings.

          (d) Time and Places of Providing Services. As long as Consultant delivers acceptable
services to Company in a timely fashion, Consultant shall generally have the discretion to
determine the location and times of rendering services as well as the method of accomplishing
Consultant’s Services.

          (e) Records and Reports. Consultant shall keep complete and systematic written
records of all work relating to the performance of Services by Consultant hereunder and shall
submit invoices to Company’s accounts payable for all services rendered monthly.

          (f) Equipment, Documentation and Specifications. Consultant shall supply all
equipment and instruments required to perform Services under this Agreement, except when such
equipment or supplies are unique to Company in which case Company shall provide Consultant with
such equipment, instruments, documentation and specifications as may reasonably be required by
Consultant for performance by Consultant of duties set forth herein. Such equipment,
instruments, documentation and specifications shall at all times remain the property of Company.

     8. NONSOLICITATION

          Consultant agrees that for a period of one (1) year after the termination of this Agreement,
in any county in the United States or equivalent geographical subdivision in which Company does
business, Consultant will not (i) solicit or induce employees of Company to terminate their
employment with Company, or (ii) solicit any identified customers or identified potential customers
of Company to induce such customers or potential customers to cease their relationship with
Company, or any of its affiliated companies.

 

 

     9. BENEFITS

          Consultant acknowledges and agrees and it is the intent of the parties hereto that Consultant
receive no Company-sponsored benefits from the Company either as a Consultant or employee. Such
benefits include, but are not limited to, paid vacation, sick leave, medical insurance, and 401(k)
participation. If Consultant is reclassified by a state or federal agency or court as an employee,
Consultant will become a reclassified employee and will receive no benefits except those mandated
by state or federal law, even if by the terms of the Company’s benefit plans in effect at the time
of such reclassification Consultant would otherwise be eligible for such benefits.

     10. ARBITRATION AND EQUITABLE RELIEF

          (a) Disputes. Except as provided in Section 10(d) below, the Company and Consultant
agree that any dispute or controversy arising out of, relating to or in connection with the
interpretation, validity, construction, performance, breach or termination of this Agreement
(“arbitrable claims”) shall be settled by binding arbitration to be held in San Francisco County,
California, in accordance with the Commercial Arbitration Rules, supplemented by the Supplemental
Procedures for Large Complex Disputes, of the American Arbitration Association as then in effect
(the “Rules”). The arbitrator may grant injunctions or other relief in such dispute or controversy.
The decision of the arbitrator shall be final, conclusive and binding on the parties to the
arbitration. Judgment may be entered on the arbitrator’s decision in any court of competent
jurisdiction. This shall not apply to claims arising under Sections 2 (Confidentiality) and
3 (Ownership).

          (b) Consent to Personal Jurisdiction. The arbitrator(s) shall apply California law to
the merits of any dispute or claim, without reference to conflicts of law rules. Consultant hereby
consents to the personal jurisdiction of the state and federal courts located in California for any
action or proceeding arising from or relating to this Agreement or relating to any arbitration in
which the parties are participants.

          (c) Costs. The Company and Consultant shall each pay one-half of the costs and expenses of
such arbitration, and each shall separately pay its counsel fees and expenses unless otherwise
required by law.

          (d) Equitable Relief. With the exception of “arbitrable claims,” the parties may apply
to any court of competent jurisdiction for a temporary restraining order, preliminary injunction,
or other interim or conservatory relief, as necessary, without breach of this arbitration agreement
and without abridgment of the powers of the arbitrator.

          (e) Acknowledgment. CONSULTANT HAS READ AND UNDERSTANDS SECTION 9, WHICH DISCUSSES
ARBITRATION. CONSULTANT UNDERSTANDS THAT BY SIGNING THIS AGREEMENT, CONSULTANT AGREES TO SUBMIT ANY
CLAIMS ARISING OUT OF, RELATING TO, OR IN CONNECTION WITH THIS AGREEMENT, OR THE INTERPRETATION,
VALIDITY, CONSTRUCTION, PERFORMANCE, BREACH OR TERMINATION THEREOF, TO BINDING ARBITRATION, EXCEPT
AS PROVIDED IN SECTION 10 (d), AND THAT THIS ARBITRATION CLAUSE CONSTITUTES A WAIVER OF
CONSULTANT’S RIGHT TO A JURY TRIAL AND RELATES TO THE RESOLUTION OF ALL DISPUTES RELATING TO ALL
ASPECTS OF THE RELATIONSHIP BETWEEN THE PARTIES.

     11. GOVERNING LAW

          This Agreement shall be governed by the internal substantive laws, but not the choice of law
rules, of the State of California. With the exception of “arbitral claims,” the federal courts or
state courts of

 

 

the State of California, County of San Mateo, shall have exclusive jurisdiction to adjudicate any
dispute arising out of this Agreement, and the parties hereto consent to the jurisdiction of said
court and waive any objection to said venue.

     12. ENTIRE AGREEMENT

          This Agreement is the entire agreement of the parties and supersedes any prior agreements
between them, whether written or oral, with respect to the subject matter hereof. No waiver,
alteration, or modification of any of the provisions of this Agreement shall be binding unless in
writing and signed by duly authorized representatives of the parties hereto.

     13. ATTORNEY’S FEES

          In any court action at law or equity which is brought by one of the parties to enforce or
interpret the provisions of this Agreement, the prevailing party will be entitled to reasonable
attorney’s fees, in addition to any other relief to which that party may be entitled.

     14. SEVERABILITY

          The invalidity or unenforceability of any provision of this Agreement, or any terms thereof,
shall not affect the validity of this Agreement as a whole, which shall at all times remain in full
force and effect.

          IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed:

	 	 	 	 	 	 	 	 	 	 	 
	FLUIDIGM	 	 	 	PARTY	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	/s/ Gajus Worthington
	 	 	 	By:
	 	/s/ Richard DeLateur	 	 
	 

	 	 
	 	 	 	 	 	 	 	 
	Name:	 Gajus Worthington	 	 	 	Name:	  Richard DeLateur	 	 
	Title: 	CEO	 	 	 	Title: 	Self	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Dated: 29 Feb 2008	 	 	 	Dated: 29 Feb 2008	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Social Security or Tax Payer ID Number:	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	XXX-XX-XXXX	 	 

 

 

EXHIBIT A

SERVICES AND COMPENSATION

	1.	 	Contact. Consultant’s principal Company
contact:

 Name: Gajus Worthington
	 
	 	 	Title:   CEO
	 
	2.	 	Services. Consultant will render to the Company the following Services:

* Support 2007 audit

* Assist new CFO

* Prepare March stock valuation

* Train Singapore and U.S. Company accounting personnel about cost and inventory
accounting procedures

3. Compensation.

               (a) The Company shall pay Consultant Two Hundred Dollars ($200.00) per hour during the term of
this Agreement upon receipt of Consultant’s invoice for Services rendered. Consultant shall be paid
every two (2) weeks after receipt and approval of statements specified in section 3(c) below.
Consultant will not work more than five (5) hours per week without written authorization from the
Company.

               (b) The Company shall reimburse Consultant for all reasonable travel and living expenses
incurred by Consultant in performing Services pursuant to this Agreement, provided Consultant
receives written consent from an authorized agent of the Company prior to incurring such expenses.

               (c) Consultant shall submit all statements for the number of hours of service and expenses in
a form prescribed by the Company every two weeks and such statement shall be approved by the
contact person listed above or other designated agent of the Company.

	 	 	 	 	 
	/s/
Gajus Worthington
	 	 	 	/s/ Richard DeLateur
	 	 	 	 	 
	Fluidigm Corporation 
	 	 	 	Consultant

 

 

[This page is to be signed ONLY at the termination of the Consulting Agreement]

EXHIBIT B

FLUIDIGM

CERTIFICATION OF RETURN OF COMPANY PROPERTY AND INFORMATION

This is to certify that I do not have in my possession, nor have I failed to return, any devices,
records, software, data, notes, reports, proposals, lists, and sources of customers, lists of
employees, proposals to customers, drafts of proposals, business plans and projections, reports,
job notes, correspondence, specifications, drawings, blueprints, sketches, materials, equipment,
other documents or property, or reproductions of any aforementioned items belonging to Fluidigm,
its subsidiaries, affiliates, successors or assigns (together, the “Company”).

I further certify that I have complied with all terms of the Company’s confidential and proprietary
information provisions in the Consulting Agreement signed by me, including the reporting of any
inventions and original works of authorship (as defined therein) conceived or made by me (solely or
jointly with others) covered by that Agreement.

I further agree that, in compliance with the Consulting Agreement, I will preserve as confidential
all trade secrets, confidential knowledge, data or other proprietary information relating to
products, processes, know-how, designs, formulas, developmental or experimental work, computer
programs, data bases, other original works of authorship, customer lists, business plans, financial
information or other subject matter pertaining to any business of the Company of any of its
customers, consultants or licensees.

	 	 	 
	 

	 	 
	 

	 	Signature
	 
	 	 
	 

	 	 
	 

	 	Date

 

 

EXHIBIT C

LIST OF PRIOR INVENTIONS

AND ORIGINAL WORKS OF AUTHORSHIP

	 	 	 	 	 
	 	 	 	 	IDENTIFYING NUMBER OR
	TITLE	 	DATE	 	BRIEF DESCRIPTIONexv10w15

 

Exhibit 10.15

EMPLOYEE LOAN AGREEMENT

     THIS EMPLOYEE LOAN AGREEMENT (the “Agreement”) is entered into as of January 20, 2004,
by and between Fluidigm Corporation, a California corporation (the “Lender”), and Gajus V.
Worthington (“Borrower”).

RECITALS

     A. Borrower is employed by the Lender as its Chief Executive Officer and President.

     B. The Lender and Borrower desire that the Lender lend to Borrower the sum of Two Hundred
Fifty Thousand Dollars ($250,000.00) for the purposes described in Section 1 below.

     C. Borrower owns 2,447,000 shares of the Common Stock of the Lender, of which 833,334 shares,
together with the other collateral described in the Stock Pledge Agreement, shall constitute
security for the Loan (as defined below).

     NOW, THEREFORE, the Lender and Borrower agree as follows:

AGREEMENT

     1. PAYMENT: The Lender will lend to Borrower the amount of Two Hundred Fifty Thousand Dollars
($250,000.00) (the “Loan”), such Loan to be made for the purposes of assisting Borrower to
pay any costs, fees, or expenses (including, without limitation, purchase consideration, broker’s
or agents commissions, mortgage points, closing costs, or similar costs or expenses) associated
with Borrower’s purchase of a principal residence in the San Francisco Bay Area (the
“Property”) and/or any improvements or other modifications made to any Property so
purchased.

     2. CONDITIONS PRECEDENT: The Lender’s obligation to extend the Loan to Borrower pursuant to
this Agreement is expressly conditioned upon the satisfaction of or waiver by the Lender of all of
the following conditions precedent, each of which is exclusively for the benefit of the Lender:

          2.1 Borrower shall have delivered to the Lender each of the following (herein collectively
referred to as “Loan Documents”):

               (a) One (1) original promissory note in the amount of Two Hundred Fifty Thousand Dollars
($250,000.00) in substantially the same form as Exhibit A attached hereto (the
“Note”), with all uncompleted information fully completed;

               (b) One (1) fully executed, validly acknowledged Stock Pledge Agreement, providing for the
pledge of 833,334 shares of Common Stock of the Lender and certain other collateral as security for
the Note (collectively, the “Pledged Collateral”), in substantially the same form as
Exhibit B attached hereto, with all uncompleted information fully completed (the “Stock
Pledge Agreement”);

C-1

 

               (c) Two (2) fully executed Stock Powers and Assignments Separate From Certificate attached as
a part of Exhibit B hereto, with all uncompleted information fully completed, unless
otherwise indicated thereon (the “Stock Power”);

               (d) All certificates representing the securities that constitute Pledged Collateral as of the
date of the closing of the Loan; and

               (e) Two (2) fully executed Spousal Consents, in substantially the same form as
Exhibit C attached hereto, with all uncompleted information fully completed (the
“Spousal Consent”).

     3. BORROWER’S REPRESENTATIONS AND WARRANTIES: Borrower hereby makes the following
representations and warranties to the Lender, which representations and warranties shall be true
and correct as of the date hereof and as of the date of the closing of the Loan, and Borrower
acknowledges that the Lender is relying on such representations in making the Loan:

          3.1 The Borrower has good and marketable title to the Pledged Collateral free and clear of any
security interests, liens or encumbrances other than (i) joint ownership of the Pledged Collateral
with Borrower’s spouse, and (ii) a right of first refusal and certain repurchase rights in favor of
Lender. All of the shares that constitute Pledged Collateral are fully vested.

          3.2 Other than the consent of Borrower’s spouse and the Lender, the consent of no other person
or entity is required to grant the Lender the security interest in the Pledged Collateral.

          3.3 There are no actions, proceedings, claims or disputes pending or, to Borrower’s knowledge,
threatened against or affecting Borrower, the Pledged Collateral, or any other properties of
Borrower.

     4. BORROWER’S ADDITIONAL OBLIGATIONS: Borrower shall take any and all further actions that may
from time to time be required to ensure that the Stock Pledge Agreement creates a security interest
in favor of the Lender, which shall secure the Note. Borrower shall not sell, hypothecate or
otherwise dispose of any interest in the Pledged Collateral and shall not encumber the Pledged
Collateral or permit any lien to encumber the Pledged Collateral.

     5. REPAYMENT OF LOAN: Borrower shall pay to the Lender the outstanding principal balance of
the Note, together with all accrued, but unpaid interest thereon, and all other sums due hereunder,
under the Note, the Stock Pledge Agreement or under any other document executed by Borrower in
connection herewith in accordance with the terms and conditions of this Agreement, the Note, the
Stock Pledge Agreement or such other document.

     6. MATURITY EVENT: The Note shall immediately become due and payable, without notice or
demand, upon the earlier to occur of January 20, 2011 or the occurrence of any “Maturity Event” as
defined in the Note.

     7. INTEREST PAYABLE BY BORROWER: Interest shall accrue on the unpaid principal amounts of the
Note at the rate specified in the Note.

 

 

     8. ENTIRE AGREEMENT: This Agreement, together with the Loan Documents, constitutes the full
and entire understanding and agreement between the parties hereto with regard to the subject matter
hereof.

     9. NO COVENANT FOR EMPLOYMENT OR ADVANCES: Borrower understands and acknowledges that neither
this Agreement nor any other Loan Document modifies Borrower’s at-will status at the Lender and
does not constitute an employment agreement or a promise by the Lender to continue Borrower’s
employment. Either the Lender or Borrower may terminate such employment relationship at any time,
with or without cause.

     10. NOTICES: All notices and other communications required or permitted hereunder shall be in
writing and may be given by (a) personal delivery, (b) certified mail, postage prepaid,
return-receipt requested, (c) courier service, fully prepaid for next business day delivery, or (d)
facsimile. Any such notice shall be properly addressed to the address of the parties set forth on
the signature page hereof and shall be deemed to have been given (i) if personally delivered, when
delivered, (ii) if by certified mail, return-receipt requested, when delivered or refused, (iii) if
by courier service, on the next business day following deposit, cost prepaid, with Federal Express
or similar private carrier, or (iv) if by facsimile, instantaneously upon confirmation of receipt
of facsimile. The Lender or Borrower may change their respective addresses by giving notice of the
same in accordance with this paragraph. The term “business day” shall mean a day on which national
banks are open for business in San Francisco, California.

     11. ASSIGNMENT: Borrower may not assign any of his rights and/or duties under this Agreement
(or any other Loan Document) without the prior written consent of the Lender, which consent may be
withheld in the sole discretion of Lender. All of the rights and/or duties of the Lender under the
Loan Documents, or any of them, shall be freely assignable. Subject to the foregoing, the rights
and obligations of the Borrower and Lender under the Loan Documents shall be binding upon and shall
inure to the benefit of the Borrower and Lender and their respective personal representatives,
successors, heirs, and permitted assigns.

     12. INCOME TAX CONSEQUENCES: Borrower hereby acknowledges that the Lender has made no
representation or warranty to Borrower concerning the income tax consequences of the loan to
Borrower and Borrower shall be solely responsible for ascertaining and bearing such tax
consequences.

     13. GOVERNING LAW: This Agreement shall be governed in all respects by the laws of the State
of California.

     14. HEADINGS: The titles and headings of the various paragraphs hereof are intended for means
of reference and are not intended to place any construction on the provisions hereof.

     15. INVALIDITY: If any provision of this Agreement shall be invalid or unenforceable, the
remaining provisions shall not be affected thereby and every provision hereof shall be valid and
enforceable to the fullest extent permitted by law.

 

 

     16. COUNTERPARTS: This Agreement may be executed in one (1) or more separate counterparts,
each of which, when so executed, shall be deemed to be an original. Such counterparts, together,
shall constitute one and the same instrument.

     17. MISCELLANEOUS: Time is of the essence of this Agreement, the Loan Documents, and any other
document executed by Borrower in connection therewith. If any action shall be commenced between the
parties with respect to the Loan, the prevailing party shall be entitled to recover its reasonable
attorneys’ fees and expenses from the non-prevailing party or parties. Liability hereunder shall
be joint and several among Borrower and all other persons and entities now or hereafter liable for
all or any part of the Loan. Notwithstanding any provision above to the contrary, the Lender may
waive in writing or by notation initialed hereon any obligation of Borrower provided for herein.

     18. JURY TRIAL: EACH OF LENDER AND BORROWER TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW
HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY AS TO ANY ISSUE RELATING HERETO IN ANY ACTION,
PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT, THE NOTE OR THE STOCK
PLEDGE AGREEMENT.

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

	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	BORROWER:	 	 	 	THE LENDER:	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	FLUIDIGM CORPORATION	 	 
	 
	 	 	 	 	 	 	 	 
	/s/ Gajus V. Worthington
 

Gajus V. Worthington

	 	 	 	By:
	 	/s/ Erik T. Engelson
 

	 	 
	 	 	 	 	Name: Erik T. Engelson	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	Title: Chief Financial Officer	 	 

	 	 	 	 	 	 	 	 	 
	Address:

	 	 	 	 	 	Address: 7100 Shoreline Court	 	 
	 

	 

	 	 	 	               South San Francisco, California 94080	 	 
	 

	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	Telephone:

	 	 	 	 	 	Telephone: (650) 266-6000	 	 
	 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Facsimile:

	 	 	 	 	 	Facsimile: (650) 871-7152

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