Document:

FIRST AMENDED AND RESTATED 2004 STOCK OPTION AND INCENTIVE PLAN

 EXHIBIT 10.2 
 SALARY.COM, INC. 
 FIRST AMENDED AND
RESTATED 2004 STOCK OPTION AND INCENTIVE PLAN 
 1. Purpose and Eligibility 
 The purpose of this 2004 Stock Option and Incentive Plan (the
“Plan”) of Salary.com, Inc. (the “Company”) is to provide stock options and other equity interests in the Company (each an “Award”) to employees, officers, directors, consultants and advisors of the
Company and its Subsidiaries, all of whom are eligible to receive Awards under the Plan. Any person to whom an Award has been granted under the Plan is called a “Participant”. Additional definitions are contained in Section 8.

 2. Administration 
 a. Administration by Board of Directors. The Plan will be administered by the Board of Directors of the Company (the “Board”). The Board, in its sole discretion, shall have the authority to
grant and amend Awards, to adopt, amend and repeal rules relating to the Plan and to interpret and correct the provisions of the Plan and any Award. All decisions by the Board shall be final and binding on all interested persons. Neither the Company
nor any member of the Board shall be liable for any action or determination relating to the Plan. 
 b. Appointment of Committees. To
the extent permitted by applicable law, the Board may delegate any or all of its powers under the Plan to one or more committees or subcommittees of the Board (a “Committee”). All references in the Plan to the
“Board” shall mean such Committee or the Board. 
 c. Delegation to Executive Officers. To the extent permitted by
applicable law, the Board may delegate to one or more executive officers of the Company the power to grant Awards and exercise such other powers under the Plan as the Board may determine, provided that the Board shall fix the maximum number
of Awards to be granted and the maximum number of shares issuable to any one Participant pursuant to Awards granted by such executive officers. 
 3. Stock Available for Awards 
 a. Number of Shares. The aggregate number of shares of Common
Stock of the Company (the “Common Stock”) that may be issued pursuant to the Plan from time to time and at any time shall equal 37.5% of the total number of shares of Common Stock then issued and outstanding (on a fully-diluted
basis). Subject to the overall limitation of the preceding sentence and to subject to adjustments under Section 3(c), Awards of Incentive Stock Options may be granted under the Plan for up to that number of shares of Common Stock which is equal
to the lesser of (i) 63,131,575 shares and (ii) the maximum number of shares that may be issued under the Plan from time to time. If any Award expires, or is terminated, surrendered or forfeited, in whole 

 or in part, the unissued Common Stock covered by such Award shall again be available for the grant of Awards under the
Plan. If shares of Common Stock issued pursuant to the Plan are repurchased by, or are surrendered or forfeited to, the Company at no more than cost, such shares of Common Stock shall again be available for the grant of Awards under the Plan;
provided, however, that the cumulative number of such shares that may be so reissued under the Plan will not exceed the limitation set forth in the first sentence of this Section 3(a). Shares issued under the Plan may consist in whole or
in part of authorized but unissued shares or treasury shares. 
 b. Per-Participant Limit. Subject to adjustment under
Section 3(c), no Participant may be granted Awards during any one fiscal year to purchase more than 8,000,000 shares of Common Stock. 
 c. Adjustment to Common Stock. In the event of any stock split, stock dividend, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation, combination, exchange of shares, liquidation, spin-off, split-up,
or other similar change in capitalization or event, (i) the number and class of securities available for Awards under the Plan and the per-Participant share limit, (ii) the number and class of securities, vesting schedule and exercise
price per share subject to each outstanding Option, (iii) the repurchase price per security subject to repurchase, and (iv) the terms of each other outstanding stock-based Award shall be adjusted by the Company (or substituted Awards may
be made) to the extent the Board shall determine, in good faith, that such an adjustment (or substitution) is appropriate. If Section 7(e)(i) applies for any event, this Section 3(c) shall not be applicable. 
 4. Stock Options 
 a.
General. The Board may grant options to purchase Common Stock (each, an “Option”) and determine the number of shares of Common Stock to be covered by each Option, the exercise price of each Option and the conditions and
limitations applicable to the exercise of each Option and the Common Stock issued upon the exercise of each Option, including vesting provisions, repurchase provisions and restrictions relating to applicable federal or state securities laws, as it
considers advisable. The Board may grant “incentive stock options,” as defined in Section 422 of the Code (“Incentive Stock Options”), options that are not qualified as Incentive Stock Options (“Nonstatutory
Stock Options”) or a combination thereof. 
 b. Incentive Stock Options. An Option that the Board intends to be an Incentive
Stock Option shall be subject to and shall be construed consistently with the requirements of Section 422 of the Code or any successor provision of the Code. Without limiting the generality of the foregoing: 
 (i) Exercise Price. In the case of an Incentive Stock Option, the exercise price per share of the Option shall be not less than 100% of the fair
market value of a share of Common Stock (as determined by the Board in accordance with a valuation method approved by the Board in good faith) on the date on which the Option is granted (the “Grant Date”); provided, however,
that if on the Grant Date the Participant (together with persons whose stock ownership is attributed to the Participant pursuant to Section 424(d) of the Code) owns stock possessing more than 10% of the total combined voting power of all
classes of stock of the Company or any affiliate of the Company, the exercise price per share shall be not less than 110% of the fair market value of a share of Common Stock on the Grant Date. 
  

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 (ii) Exercisability. Subject to Sections 7(e) and 7(i), the aggregate fair market value
(determined on the Grant Date(s)) of the shares with respect to which Incentive Stock Options are exercisable for the first time by any Participant during any calendar year (under all plans of the Company and its affiliates) shall not exceed
$100,000. 
 (iii) Eligibility. Incentive Stock Options may be granted only to persons who are employees of the Company or an
affiliate of the Company on the Grant Date. 
 (iv) Expiration. No Incentive Stock Option may be exercised after the expiration of ten
years from the Grant Date; provided, however, that if the Option is granted to a Participant who, together with persons whose stock ownership is attributed to the Participant pursuant to Section 424(d) of the Code, owns stock possessing
more than 10% of the total combined voting power of all of stock of the Company or any affiliate of the Company the Incentive Stock receives an Incentive Stock Option shall notify the Company in writing immediately after the Participant transfers
any shares of Common Stock acquired upon the exercise of such Option if such transfer occurs on or before the later of (a) the date that is two years after the Grant Date of such Option or (b) the date that is one year after the date on
which the Participant acquires such shares. 
 (vi) Substitute Options. Notwithstanding the provisions of Section 4(b)(i), in the
event that the Company or any affiliate of the Company consummates a transaction described in Section 424(a) of the Code (relating to the acquisition of property or stock from an unrelated corporation), individuals who become employees or
consultants of the Company or any such affiliate on account of such transaction may be granted Incentive Stock Options in substitution for options granted by their former employer. The Board, in its sole discretion and consistent with
Section 424(a) of the Code, shall determine the exercise price of such-substitute Options. 
 (vii) No Liability. Neither the
Board nor the Company shall have any liability if an Option or any part thereof that is intended to be an Incentive Stock Option does not qualify as such. 
 c. Exercise Price. Subject to the provisions of Section 4(b)(i), the Board shall establish the exercise price (or determine the method by which the exercise price shall be determined) at the time each
Option is granted and specify it in the applicable option agreement. 
 d. Duration of Options. Each Option shall be exercisable at
such times and subject to such terms and conditions as the Board may specify in the applicable option agreement. 
  

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 e. Exercise of Option. Options may be exercised only by delivery to the Company of a written
notice of exercise signed by the proper person together with payment in full as specified in Section 4(f) for the number of shares for which the Option is exercised. 
 f. Payment Upon Exercise. Common Stock purchased upon the exercise of an Option shall be paid for by one or any combination of the following forms of payment: 
 (i) by check payable to the order of the Company; 
 (ii) except as otherwise explicitly provided in the applicable option agreement, and only if the Common Stock is then publicly traded, delivery of an irrevocable and unconditional undertaking by a creditworthy broker to deliver promptly to
the Company sufficient funds to pay the exercise price, or delivery by the Participant to the Company of a copy of irrevocable and unconditional instructions to a creditworthy broker to deliver promptly to the Company cash or a check sufficient to
pay the exercise price; or 
 (iii) to the extent explicitly provided in the applicable option agreement, by (x) delivery of shares of
Common Stock owned by the Participant valued at fair market value (as determined by the Board or as determined pursuant to the applicable option agreement), (y) delivery of a promissory note of the Participant to the Company (and delivery to
the Company by the Participant of a check in an amount equal to the par value of the shares purchased), or (z) payment of such other lawful consideration as the Board may determine. 
 5. Restricted Stock 
 a. Grants. The Board may grant Awards entitling recipients to acquire shares of Common Stock, subject to (i) delivery to the Company by the Participant of a check in an amount at least equal to the par value of the shares
purchased, and (ii) the right of the Company to repurchase all or part of such shares at their issue price or other stated or formula price from the Participant in the event that conditions specified by the Board in the applicable Award are not
satisfied prior to the end of the applicable restriction period or periods established by the Board for such Award (each, a “Restricted Stock Award”). 
 b. Terms and Conditions. The Board shall determine the terms and conditions of any such Restricted Stock Award. Any stock certificates issued in respect of a Restricted Stock Award shall be registered in the
name of the Participant and, unless otherwise determined by the Board, deposited by the Participant, together with a stock power endorsed in blank, with the Company (or its designee). After the expiration of the applicable restriction periods, the
Company (or such designee) shall deliver the certificates no longer subject to such restrictions to the Participant or, if the Participant has died, to the beneficiary designated by a Participant, in a manner determined by the Board, to receive
amounts due or exercise rights of the Participant in the event of the Participant’s death (the “Designated Beneficiary”). In the absence of an effective designation by a Participant, Designated Beneficiary shall mean the
Participant’s estate. 
  

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 6. Other Stock-Based Awards 
 The Board shall have the right to grant other Awards based upon the Common Stock having such terms and conditions as the Board may determine, including,
without limitation, the grant of shares based upon certain conditions, the grant of securities convertible into Common Stock and the grant of stock appreciation rights, phantom stock awards or stock units. 
 7. General Provisions Applicable to Awards 
 a. Transferability of Awards. Except as the Board may otherwise determine or provide in an Award, Awards shall not be sold, assigned, transferred, pledged or otherwise encumbered by the person to whom they are
granted, either voluntarily or by operation of law, except by will or the laws of descent and distribution, and, during the life of the Participant, shall be exercisable only by the Participant. References to a Participant, to the extent relevant in
the context, shall include references to authorized transferees. 
 b. Documentation. Each Award under the Plan shall be evidenced by
a written instrument in such form as the Board shall determine or as executed by an officer of the Company pursuant to authority delegated by the Board. Each Award may contain terms and conditions in addition to those set forth in the Plan
provided that such terms and conditions do not contravene the provisions of the Plan. 
 c. Board Discretion. The terms of each
type of Award need not be identical, and the Board need not treat Participants uniformly. 
 d. Termination of Status. The Board shall
determine the effect on an Award of the disability, death, retirement, authorized leave of absence or other change in the employment or other status of a Participant and the extent to which, and the period during which, the Participant, or the
Participant’s legal representative, conservator, guardian or Designated Beneficiary, may exercise rights under the Award. 
 e.
Acquisition of the Company. 
 (i) Consequences of an Acquisition. Unless otherwise expressly provided in the applicable Option
or Award, effective immediately prior to the occurrence of an Acquisition, each Option or Award then outstanding shall become immediately exercisable with respect to all shares subject to such Option of Award other than shares which would not
otherwise vest (in the absence of the Acquisition and this provision) until the last twelve months of the normal vesting schedule of such Option or Award; provided, however, that except as the Board may provide pursuant to the following sentence,
any such Option or Award must be exercised prior to, and effective upon, such Acquisition and such Option or Award shall terminate upon the completion of such Acquisition. In addition to the foregoing, the Board or the board of directors of the
surviving or acquiring entity (as used in this Section 7(e)(i), also the “Board”), may, as to outstanding Options and Awards (on the same basis or on different bases, as the Board shall specify), (i) provide that one or
more Options and Awards then outstanding may (to the extent accelerated pursuant to the preceding sentence and at the option of the holder), be terminated in 
  

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 exchange for a cash payment equal to the excess of the fair market value (as determined by the Board in its sole
discretion) for the shares subject to such vested Options or Awards over the exercise price thereof; and (ii) make appropriate provision for the continuation of such Options and Awards (or of any unaccelerated portions thereof) by the Company
or the assumption of such Options and Awards by the surviving or acquiring entity and by substituting on an equitable basis for the shares then subject to such Options and Awards either (a) the consideration payable with respect to the
outstanding shares of Common Stock in connection with the Acquisition, (b) shares of stock of the surviving or acquiring corporation or (c) such other securities as the Board deems appropriate, the fair market value of which (as determined
by the Board in its sole discretion) shall not materially differ from the fair market value of the shares of Common Stock subject to such Options and Awards immediately preceding the Acquisition. 
 (ii) Acquisition Defined. An “Acquisition” shall mean: (x) the sale of the Company by stock purchase or merger in which the
shareholders of the Company in their capacity as such no longer own a majority of the outstanding equity securities of the Company (or its successor); or (y) any sale of all or substantially all of the assets or capital stock of the Company
(other than in a spin-off or similar transaction) or (z) any other acquisition of the business of the Company, as determined by the Board. 
 (iii) Assumption of Options Upon Certain Events. In connection with a merger or consolidation of an entity with the Company (other than an Acquisition as defined above) or the acquisition by the Company of the assets or capital stock
of an entity, the Board may grant Awards under the Plan in substitution for stock and stock-based awards issued by such entity or an affiliate thereof. The substitute Awards shall be granted on such terms and conditions as the Board considers
appropriate in the circumstances. 
 f. Withholding. Each Participant shall pay to the Company, or make provisions satisfactory to the
Company for payment of, any taxes required by law to be withheld in connection with Awards to such Participant no later than the date of the event creating the tax liability. The Board may allow Participants to satisfy such tax obligations in whole
or in part by transferring shares of Common Stock, including shares retained from the Award creating the tax obligation, valued at their fair market value (as determined by the Board or as determined pursuant to the applicable option agreement). The
Company may, to the extent permitted by law, deduct any such tax obligations from any payment of any kind otherwise due to a Participant. 
 g. Amendment of Awards. The Board may amend, modify or terminate any outstanding Award including, but not limited to, substituting therefor another Award of the same or a different type, changing the date of exercise or realization,
and converting an Incentive Stock Option to a Nonstatutory Stock Option, provided, that the Participant’s consent to such action shall be required unless the Board determines that the action, taking into account any related action, would
not materially and adversely affect the Participant. 
 h. Conditions on Delivery of Stock. The Company will not be obligated to
deliver any shares of Common Stock pursuant to the Plan or to remove restrictions from shares previously delivered under the Plan until (i) all conditions of the Award have been met or removed to the satisfaction of the Company, (ii) in
the opinion of the Company’s counsel, all 
  

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 other legal matters in connection with the issuance and delivery of such shares have been satisfied, including any
applicable securities laws and any applicable stock exchange or stock market rules and regulations, and (iii) the Participant has executed and delivered to the Company such representations or agreements as the Company may consider appropriate
to satisfy the requirements of any applicable laws, rules or regulations. 
 i. Acceleration. The Board, the Committee and/or an
executive officer of the Company acting under authority delegated pursuant to Section 2(c), above, may at any time provide that any Options shall become immediately exercisable in full or in part, that any Restricted Stock Awards shall be free
of some or all restrictions, or that any other stock-based Awards may become exercisable in full or in part or free of some or all restrictions or conditions, or otherwise realizable in full or in part, as the case may be, despite the fact that the
foregoing actions may (i) cause the application of Sections 280G and 4999 of the Code if a change in control of the Company occurs, or (ii) disqualify all or part of the Option as an Incentive Stock Option. 
 j. Violations of Certain Agreements. No Option or other Award may be exercised at any time after the Board has determined, in good faith, that the
Participant is in violation of, or has threatened to violate, any written agreement between the Participant and the Company the purpose of which is to protect the Company’s intellectual property or competitive position, including without
limitation, any agreement regarding (a) the confidentiality of the Company’s proprietary information, (b) the assignment of rights in inventions and discoveries to the Company and/or (c) activities of the Participant in
competition with the business of the Company, unless and until, in any such case, either (x) the Participant demonstrates to the satisfaction of the Board that the participant is not in violation of any such agreement and represents in writing
that the Participant will not violate any such agreement, or (y) such condition is waived by the Board. The period during which any Option or other Award may by its terms be exercised shall not be extended during any period in which the
Participant is prohibited from such exercise by the preceding sentence, and neither the Company nor the Board shall have any liability to any Participant, or to any other party, if any Option or other Award expires unexercised in whole or in part
during such period or if any Option that is intended to be an Incentive Stock Option is deemed to be a Nonstatutory Stock Option because such Option is not exercised within three months after the termination of the Participant’s employment with
the Company or an affiliate of the Company 
 k. Certain Indebtedness to the Company. No Option or other Award may be exercised at any
time after the Board has determined, in good faith, that the Participant is indebted to the Company or any affiliate of the Company for advances of salary, advances of expenses, recoverable draws or other amounts unless and until either
(a) such indebtedness is satisfied in full or (b) such condition is waived by the Board. The period during which any Option or other Award may by its terms be exercised shall not be extended during any period in which the Participant is
prohibited from such exercise by the preceding sentence, and neither the Company nor the Board shall have any liability to any Participant, or to any other party, if any Option or other Award expires unexercised in whole or in part during such
period or if any Option that is intended to be an Incentive Stock Option is deemed to be a Nonstatutory Stock Option because such Option is not exercised within three months after the termination of the Participant’s employment with the Company
or an affiliate of the Company. 
  

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 8. Miscellaneous 
 a. Definitions. 
 (i)
“Company”, for purposes of eligibility under the Plan, shall include any present or future subsidiary corporations of Salary.com, Inc., as defined in Section 424(f) of the Code (a “Subsidiary”), and any present
or future parent corporation of Salary.com, Inc., as defined in Section 424(e) of the Code. For purposes of Awards other than Incentive Stock Options, the term “Company” shall include any other business venture in which the
Company has a direct or indirect significant interest, as determined by the Board in its sole discretion. 
 (ii) “Code”
means the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder. 
 (iii) “employee” for
purposes of eligibility under the Plan (but not for purposes of Section 4(b)) shall include a person to whom an offer of employment has been extended by the Company. 
 b. No Right To Employment or Other Status. No person shall have any claim or right to be granted an Award, and the grant of an Award shall not be construed as giving a Participant the right to continued
employment or any other relationship with the Company. The Company expressly reserves the right at any time to dismiss or otherwise terminate its relationship with a Participant free from any liability or claim under the Plan. 
 c. No Rights As Stockholder. Subject to the provisions of the applicable Award, no Participant or Designated Beneficiary shall have any rights as
a stockholder with respect to any shares of Common Stock to be distributed with respect to an Award until becoming the record holder thereof. 
 d. Effective Date and Term of Plan. The Plan shall become effective on the date on which it is adopted by the Board. No Awards shall be granted under the Plan after the completion of ten years from the date on which the Plan was
adopted by the Board, but Awards previously granted may extend beyond that date. 
 e. Amendment of Plan. The Board may amend, suspend
or terminate the Plan or any portion thereof at any time. 
 f. Governing Law. The provisions of the Plan and all Awards made
hereunder shall be governed by and interpreted in accordance with the laws of the State of Delaware, without regard to any applicable conflicts of law. 
  

			
	 Adopted by the Board of Directors on
 June 29, 2006

	
	 Approved by the Stockholders on
 July 26, 2006

  

 - 8 -2004 STOCK OPTION AND INCENTIVE PLAN

 Exhibit 10.2.1 
 SALARY.COM, INC. 
 STOCK OPTION AGREEMENT

 Salary.com, Inc. (the “Company”) hereby grants the following stock option pursuant to its 2004 Stock Option and
Incentive Plan. The terms and conditions attached hereto are also a part hereof. 
  

			
	Name of Employee (the “Employee”):	 	
		
	Date of this option grant:	 	
		
	Number of shares of the Company’s Common Stock subject to this option (“Option Shares”):	 	
		
	Option exercise price per share:	 	
		
	Number, if any, of Option Shares that are Vested Shares on grant date:	 	
		
	Option Shares that are Unvested Shares on grant date:	 	
		
	Vesting Start Date:	 	

 Vesting Schedule: 
  

			
	On Vesting Start Date, and monthly thereafter:	  	                 shares
		
	Five years from Vesting Start Date:	  	All remaining Unvested Shares
		
	Payment alternatives (specify any or all of Section 7(a)(i) though (iii):	  	Section 7(a) (i) through (iii)

  

							
	Employee	 		  	Salary.com, Inc.
				
	  
	 		  	By:	 	  

	 Signature of Employee
  
  
 Street Address
  
  
 City/State/Zip Code
	 		  	Name of Officer: Title:	 	

  

 Employee; NonQual Grant; Scheduled Vesting 

 Salary.com, Inc. 
 STOCK OPTION AGREEMENT – INCORPORATED TERMS AND CONDITIONS 
 1. Grant Under Plan. This option is granted pursuant to and is governed by the Company’s 2004 Stock Option and Incentive Plan (the
“Plan”) and, unless the context otherwise requires, terms used herein shall have the same meaning as in the Plan. 
 2.
Grant as Non-Qualified Stock Option. This option is a non-statutory stock option and is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended, and the regulations
thereunder (the “Code”). 
 3. Exercisability of Option; Vesting. 
 (a) Full Exercisability. This option may be exercised at any time and from time to time for all or any portion of the Option Shares, except that
this option may not be exercised for a fraction of a share. The foregoing right (subject to Sections 4 or 5 hereof if the Employee ceases to be employed by the Company) may be exercised only before the date which is ten years from the date set forth
above. 
 (b) Vesting. If the Employee has remained continuously employed by the Company through the vesting dates specified on the
cover page hereof, Unvested Shares shall become Vested Shares (or shall “vest”) on such dates in an amount equal to the number of shares set opposite the applicable date on the cover page hereof. Option Shares that have been issued
and which are “Unvested Shares” shall be subject to the Company’s Repurchase Option described in Section 6 unless and until they become “Vested Shares.” Any vesting of shares under this option shall first
be deemed to apply to shares issued upon exercise of this option (in the order of such exercise) and then to unissued shares subject to this option; and any exercise of this option shall be deemed to apply first to any then unissued Vested Shares.
The Employee agrees not to sell, assign, transfer, pledge, hypothecate, gift, mortgage or otherwise encumber or dispose of (except to the Company or any successor to the Company) all or any Unvested Shares or any interest therein, and any Unvested
Shares purchased upon exercise of this option shall be held in escrow by the Company in accordance with the terms of Section 17 below unless and until they become Vested Shares. The term “Option Shares” used without reference
to either Unvested Shares or Vested Shares shall mean both Unvested Shares and Vested Shares, without distinction. 
 In addition, in the
event the Company’s Repurchase Option is triggered pursuant to Section 6 below, and the Company elects not to exercise its option for the repurchase of any or all of the Unvested Shares, then upon the expiration of the Repurchase Option
Period, any and all Option Shares not repurchased by the Company shall become Vested Shares. The Board may, in its discretion, accelerate any of the foregoing vesting dates. 

 4. Termination of Employment. 
 (a) Termination Other Than for Cause. If the Employee ceases to be employed by the Company, other than by reason of death or disability as defined
in Section 5 or termination for Cause as defined in Section 4(c), vesting of Unvested Shares shall immediately cease, this option may be exercised only as to any Option Shares that are Vested Shares on the date of termination of the
Employee’s employment and this option may be exercised only on or prior to the date which is three months after the date of termination of the Employee’s employment (but not later than the scheduled expiration date). In the event of
termination of employment, the Repurchase Option described in Section 6 shall also be applicable. For purposes hereof, employment shall not be considered as having terminated during any leave of absence if such leave of absence has been
approved in writing by the Company and if such written approval contractually obligates the Company to continue the employment of the Employee after the approved period of absence; in the event of such an approved leave of absence, vesting of this
option shall be suspended (and the period of the leave of absence shall be added to all vesting dates) unless otherwise provided in the Company’s written approval of the leave of absence. For purposes hereof, employment shall include a
consulting arrangement between the Employee and the Company that immediately follows termination of employment, but only if so stated in a written consulting agreement executed by the Company that specifically refers to this option. This option
shall not be affected by any change of employment within or among the Company and its Subsidiaries so long as the Employee continuously remains an employee of the Company or any Subsidiary. 
 (b) Termination for Cause. If the employment of the Employee is terminated for Cause (as defined in Section 4(c)), this option shall expire
(that is, may no longer be exercised) upon the Employee’s receipt of written notice of such termination. In such event, the Repurchase Option described in Section 6 shall also be applicable. 
 (c) Definition of Cause. “Cause” shall mean conduct involving one or more of the following: (i) the substantial and
continuing failure of the Employee, after notice thereof, to render services to the Company in accordance with the terms or requirements of his or her employment; (ii) disloyalty, gross negligence, willful misconduct, dishonesty, fraud or
breach of fiduciary duty to the Company; (iii) deliberate disregard of the rules or policies of the Company, or breach of an employment or other agreement with the Company, which results in direct or indirect loss, damage or injury to the
Company; (iv) the unauthorized disclosure of any trade secret or confidential information of the Company; or (v) the commission of an act which constitutes unfair competition with the Company or which induces any customer or supplier to
breach a contract with the Company. 
 5. Death; Disability. 
 (a) Death. If the Employee dies while in the employ of the Company, vesting of Unvested Shares shall immediately cease. In such event, this option
may be exercised only as to any Option Shares that are Vested Shares on the date of the Employee’s death, by the Employee’s estate, personal representative or beneficiary to whom this option has been transferred pursuant to
Section 10, and this option may be exercised only on or prior to the date which is 180 days after the date of death (but not later than the scheduled expiration date). In the event of death, the Repurchase Option described in Section 6
shall also be applicable. 
  

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 (b) Disability. If the Employee ceases to be employed by the Company by reason of his or her
disability, vesting of Option Shares shall immediately cease; this option may be exercised only as to any Option Shares that are Vested Shares on the date of termination of the Employee’s employment; and this option may be exercised only on or
prior to the date which is 180 days after the date of termination of the Employee’s employment (but not later than the scheduled expiration date). In the event of such termination of employment, the Repurchase Option described in Section 6
shall also be applicable. For purposes hereof, “disability” means “permanent and total disability” as defined in Section 22(e)(3) of the Code. 
 6. Repurchase Option. In the event of any voluntary or involuntary termination of the Employee’s employment by the Company for any or no
reason, including by reason of death or disability, the Company shall, upon and from the date of such termination (as reasonably fixed and determined by the Company) have an irrevocable, exclusive, assignable option (the “Repurchase
Option”) for a period of ninety (90) days (the “Repurchase Option Period”) to repurchase all or any portion of the Employee’s Unvested Shares at the original purchase price per share paid by the Employee.
Such option may be exercised by the Company by sending written notice to the Employee, which notice shall specify the number of Unvested Shares being so repurchased and which notice shall be accompanied by the Company’s check for the purchase
price of those shares. Upon the sending of such notice and check, the Company shall become the legal and beneficial owner of the Unvested Shares being repurchased and all rights and interests therein or relating thereto, and the Company shall have
the right to retain and transfer to its own name the number of Unvested Shares being repurchased by the Company. 
 7. Payment of Exercise
Price. 
 (a) Payment Options. The exercise price shall be paid by one or any combination of the following forms of payment that
are applicable to this option, as indicated on the cover page hereof: 
  

	 	(i)	by check payable to the order of the Company; or 

  

	 	(ii)	delivery of an irrevocable and unconditional undertaking, satisfactory in form and substance to the Company, by a creditworthy broker to deliver promptly to the Company sufficient
funds to pay the exercise price, or delivery by the Employee to the Company of a copy of irrevocable and unconditional instructions, satisfactory in form and substance to the Company, to a creditworthy broker to deliver promptly to the Company cash
or a check sufficient to pay the exercise price; or 

  

	 	(iii)	subject to Section 7(b) below, if the Common Stock is then traded on a national securities exchange or on the Nasdaq National Market (or successor trading system), by delivery
of shares of Common Stock having a fair market value equal as of the date of exercise to the option price. 

  

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 In the case of (iii) above, fair market value as of the date of exercise shall be determined as of
the last business day for which such prices or quotes are available prior to the date of exercise and shall mean (i) the last reported sale price (on that date) of the Common Stock on the principal national securities exchange on which the
Common Stock is traded, if the Common Stock is then traded on a national securities exchange; or (ii) the last reported sale price (on that date) of the Common Stock on the Nasdaq National Market (or successor trading system), if the Common
Stock is not then traded on a national securities exchange. 
 (b) Limitations on Payment by Delivery of Common Stock. If
Section 7(a)(iii) is applicable, and if the Employee delivers Common Stock held by the Employee (“Old Stock”) to the Company in full or partial payment of the exercise price and the Old Stock so delivered is subject to
restrictions or limitations imposed by agreement between the Employee and the Company, an equivalent number of Option Shares shall be subject to all restrictions and limitations applicable to the Old Stock to the extent that the Employee paid for
the Option Shares by delivery of Old Stock, in addition to any restrictions or limitations imposed by this Agreement. Notwithstanding the foregoing, the Employee may not pay any part of the exercise price hereof by transferring Common Stock to the
Company unless such Common Stock has been owned by the Employee free of any substantial risk of forfeiture for at least six months. 
 8.
Securities Laws Restrictions on Resale. Until registered under the Securities Act of 1933, as amended, or any successor statute (the “Securities Act”), the Option Shares will be of an illiquid nature and will be deemed to be
“restricted securities” for purposes of the Securities Act. Accordingly, such shares must be sold in compliance with the registration requirements of the Securities Act or an exemption therefrom. Unless the Option Shares have been
registered under the Securities Act, each certificate evidencing any of the Option Shares shall bear a legend substantially as follows: 
 “The shares represented by this certificate are subject to restrictions on transfer and may not be sold, exchanged, transferred, pledged, hypothecated or otherwise disposed of except in accordance with and subject to all the terms and
conditions of a certain [Incentive] Stock Option Agreement dated as of [date], a copy of which the Company will furnish to the holder of this certificate upon request and without charge.” 
 9. Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by written notice to the
Company at its principal executive office, or to such transfer agent as the Company shall designate. Such notice shall state the election to exercise this option and the number of Option Shares for which it is being exercised and shall be signed by
the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and the Company shall deliver a certificate or certificates representing such shares as soon as practicable after
the notice shall be received. Such certificate or certificates shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Employee 
  

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 and if the Employee shall so request in the notice exercising this option, shall be registered in the name of the
Employee and another person jointly, with right of survivorship). In the event this option shall be exercised, pursuant to Section 5 hereof, by any person or persons other than the Employee, such notice shall be accompanied by appropriate proof
of the right of such person or persons to exercise this option. 
 10. Option Not Transferable. This option is not transferable or
assignable except by will or by the laws of descent and distribution. During the Employee’s lifetime only the Employee can exercise this option. 
 11. No Obligation to Exercise Option. The grant and acceptance of this option imposes no obligation on the Employee to exercise it. 
 12. No Obligation to Continue Employment. Neither the Plan, this Agreement, nor the grant of this option imposes any obligation on the Company to continue the Employee in employment. 
 13. Adjustments. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the Company, no adjustment
shall be made for dividends or similar rights for which the record date is prior to such date of exercise. 
 14. Withholding Taxes;
Section 83(b) Election. 
 (a) Withholding Taxes. If the Company in its discretion determines that it is obligated to withhold
any tax in connection with the exercise of this option, or in connection with the transfer of, or the lapse of restrictions on, any Common Stock or other property acquired pursuant to this option, the Employee hereby agrees that the Company may
withhold from the Employee’s wages or other remuneration the appropriate amount of tax. At the discretion of the Company, the amount required to be withheld may be withheld in cash from such wages or other remuneration or in kind from the
Common Stock or other property otherwise deliverable to the Employee on exercise of this option. The Employee further agrees that, if the Company does not withhold an amount from the Employee’s wages or other remuneration sufficient to satisfy
the withholding obligation of the Company, the Employee will make reimbursement on demand, in cash, for the amount underwithheld. 
 THE FILING OF AN
ELECTION UNDER SECTION 83(B) OF THE INTERNAL REVENUE CODE OF 1986. AS AMENDED, MAY BE REQUIRED BY SECTION 14(b) OF THIS AGREEMENT. IF REQUIRED, SUCH AN ELECTION MUST BE FILED WITH THE INTERNAL REVENUE SERVICE WITHIN 30 DAYS FOLLOWING EACH EXERCISE
OF THIS OPTION. 
 (b) Section 83(b) Election. Employee acknowledges that the Unvested Shares acquired upon exercise of this
option may be treated as subject to a substantial risk of forfeiture within the meaning of Section 83 of the Code and that, in the absence of an election under Section 83(b) of the Code, such treatment could delay the determination of the
tax consequences of such exercise for both the Company and Employee. In order to ensure that the tax 
  

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 consequences of such exercise will be determined at the time of exercise, Employee agrees to file a timely election under
Section 83(b) of the Code to include in Employee’s taxable income, at the time of exercise, the difference between the fair market value of the Unvested Shares received upon exercise of this option and the amount paid for such shares;
provided, however, that the Board, in its sole and absolute discretion, may waive the requirement that the Employee file such election. 
 15. Restrictions on Transfer; Company’s Right of First Refusal. 
 (a) Exercise of Right. Option Shares may not be
transferred without the Company’s written consent except by will, by the laws of descent and distribution or in accordance with the further provisions of this Section 15. If the Employee desires to transfer all or any part of the Vested
Shares to any person other than the Company (an “Offeror”), the Employee shall: (i) obtain in writing an irrevocable and unconditional bona fide offer (the “Offer”) for the purchase thereof from the
Offeror; and (ii) give written notice (the “Option Notice”) to the Company setting forth the Employee’s desire to transfer such shares, which Option Notice shall be accompanied by a photocopy of the Offer and shall set
forth at least the name and address of the Offeror and the price and terms of the Offer. Upon receipt of the Option Notice, the Company shall have an assignable option to purchase any or all of such Vested Shares (the “Company Option
Shares”) specified in the Option Notice, such option to be exercisable by giving, within 15 days after receipt of the Option Notice, a written counter-notice to the Employee. If the Company elects to purchase any or all of such Company
Option Shares, it shall be obligated to purchase, and the Employee shall be obligated to sell to the Company, such Company Option Shares at the price and terms indicated in the Offer within 30 days from the date of delivery by the Company of such
counter-notice. 
 (b) Sale of Option Shares to Offeror. The Employee may, for 60 days after the expiration of the 30-day option
period as set forth in Section 15(a), sell to the Offeror, pursuant to the terms of the Offer, any or all of such Company Option Shares not purchased or agreed to be purchased by the Company or its assignee; provided, however, that the
Employee shall not sell such Option Shares to such Offeror if such Offeror is a competitor of the Company and the Company gives written notice to the Employee, within 30 days of its receipt of the Option Notice, stating that the Employee shall not
sell his or her Option Shares to such Offeror; and provided, further, that prior to the sale of such Option Shares to an Offeror, such Offeror shall execute an agreement with the Company pursuant to which such Offeror agrees to be subject to
the restrictions set forth in this Section 15. If any or all of such Option Shares are not sold pursuant to an Offer within the time permitted above, the unsold Option Shares shall remain subject to the terms of this Section 15.

 (c) Failure to Deliver Option Shares. If the Employee fails or refuses to deliver on a timely basis duly endorsed certificates
representing Company Option Shares to be sold to the Company or its assignee pursuant to this Section 15, the Company shall have the right to deposit the purchase price for such Company Option Shares in a special account with any bank or trust
company, giving notice of such deposit to the Employee, whereupon such Company Option Shares shall be deemed to have been purchased by the Company. All such monies shall be held by the bank or trust company for the benefit of the Employee. All
monies deposited with 
  

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 the bank or trust company but remaining unclaimed for two years after the date of deposit shall be repaid by the bank or
trust company to the Company on demand, and the Employee shall thereafter look only to the Company for payment. 
 (d) Expiration of
Company’s Right of First Refusal and Transfer Restrictions. The first refusal rights of the Company and the transfer restrictions set forth in this Section 15 shall expire on the earliest to occur of (i) the tenth anniversary of
the date of this Agreement, (ii) immediately prior to the closing of a public offering of Common Stock by the Company pursuant to an effective registration statement filed under the Securities Act, or (iii) the occurrence of an
Acquisition. 
 16. Lock-up Agreement. The Employee agrees that in the event that the Company effects an initial underwritten public
offering of Common Stock registered under the Securities Act, the Option Shares may not be sold, offered for sale or otherwise disposed of, directly or indirectly, without the prior written consent of the managing underwriter(s) of the offering, for
such period of time after the execution of an underwriting agreement in connection with such offering that all of the Company’s then directors and executive officers agree to be similarly bound. 
 17. Escrow of Unvested Shares. 
 (a)
If this option is exercised as to any Unvested Shares, such Unvested Shares shall be issued in the name of the Employee, but shall be held in escrow by the Company, acting in the capacity of escrow agent, together with a stock assignment executed by
the Employee with respect to such Unvested Shares. 
 (b) With respect to any Unvested Shares held in escrow that become Vested Shares, the
Company shall promptly issue a new certificate for the number of shares that have become Vested Shares and shall deliver such certificate to the Employee and shall retain in escrow a new certificate for any remaining Unvested Shares in exchange for
the all or the relevant portion of the applicable certificate then being held by the Company as escrow agent. 
 (c) Subject to the terms
hereof, the Employee shall have all the rights of a shareholder with respect to the Unvested Shares while they are held in escrow, including, without limitation, the right to vote the Unvested Shares and receive any cash dividends declared thereon.

 (d) The Company may terminate this escrow at any time. The Company may also appoint another entity to serve as escrow agent hereunder, in
which event the Employee agrees to execute all documents requested by the Company in connection therewith. 
 18. Arbitration. Any
dispute, controversy, or claim arising out of, in connection with, or relating to the performance of this Agreement or its termination shall be settled by arbitration in the Commonwealth of Massachusetts, pursuant to the rules then obtaining of the
American Arbitration Association. Any award shall be final, binding and conclusive upon the parties and a judgment rendered thereon may be entered in any court having jurisdiction thereof. 
  

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 19. Provision of Documentation to Employee. By signing this Agreement the Employee acknowledges
receipt of a copy of this Agreement and a copy of the Plan. 
 20. Miscellaneous. 
 (a) Notices. All notices hereunder shall be in writing and shall be deemed given when sent by certified or registered mail, postage prepaid, return
receipt requested, if to the Employee, to the address set forth below or at the address shown on the records of the Company, and if to the Company, to the Company’s principal executive offices, attention of the Corporate Secretary. 

(b) Entire Agreement; Modification. This Agreement constitutes the entire agreement between the parties relative to the subject matter hereof,
and supersedes all proposals, written or oral, and all other communications between the parties relating to the subject matter of this Agreement. This Agreement may be modified, amended or rescinded only by a written agreement executed by both
parties. 
 (c) Fractional Shares. If this option becomes exercisable for a fraction of a share because of the adjustment provisions
contained in the Plan, such fraction shall be rounded down. 
 (d) Issuances of Securities; Changes in Capital Structure. Except as
expressly provided herein or in the Plan, no issuance by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the
number or price of shares subject to this option. If there shall be any change in the Common Stock of the Company through merger, consolidation, reorganization, recapitalization, stock dividend, stock split, combination or exchange of shares,
spin-off, split-up or other similar change in capitalization or event, the restrictions and other provisions contained in this Agreement shall apply with equal force to additional and/or substitute securities, if any, received by the Employee in
exchange for, or by virtue of his or her ownership of, Option Shares, except as otherwise determined by the Board. 
 (e) Definition of
Good Reason. “Good reason” means, with respect to any Employee, any of the following actions taken without the Employee’s consent: (i) a reduction by the Company in the Employee’s annual base salary as in effect
on the date of the consummation of the Acquisition or as the same may be increased from time to time; or (ii) the failure by the Company to pay to the Employee any portion of the Employee’s current compensation within seven (7) days
of the date such compensation is due; or (iii) a substantial reduction in the value of the Employee’s benefit package from the value of the Employee’s benefit package on the date of the consummation of the Acquisition. 
 (f) Severability. The invalidity, illegality or unenforceability of any provision of this Agreement shall in no way affect the validity, legality
or enforceability of any other provision. 
  

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 (g) Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the
parties hereto and their respective successors and assigns, subject to the limitations set forth in Section 10 hereof. 
 (h)
Governing Law. This Agreement shall be governed by and interpreted in accordance with the laws of the State of Delaware, without giving effect to the principles of the conflicts of laws thereof. 
  

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