Document:

Form of Nonqualified Stock Option Agreement for use under the Exa Corp

 Exhibit 4.17 
 Effective Date:                     

SERIES G CONVERTIBLE PREFERRED NON-STATUTORY STOCK OPTION 
 Granted by 
 Exa Corporation 

Under the 
 2005
Series G Convertible Preferred Stock Incentive Plan 
 For valuable consideration, the receipt of which is hereby acknowledged,
Exa Corporation, a Delaware corporation (hereinafter together with its subsidiaries, where the context permits, referred to as the “Company”), hereby grants to the Holder named in Schedule A attached hereto the following Non-Statutory
Stock Option (the “Option”): 
 Section 1. Grant of Option. Subject to the terms and conditions
hereinafter set forth, the Holder is hereby given the right to purchase from the Company shares of the Company’s Series G Convertible Preferred Stock, $.001 par value (the “Series G Stock”). Schedule A attached hereto and hereby
incorporated herein sets forth, with respect to this Option, (i) its expiration date, (ii) its exercise price per share, (iii) the maximum number of shares that the Holder may purchase upon exercise hereof, and (iv) the vesting
schedule. It also sets forth applicable conditions that the Company may wish to incorporate herein. This Option shall terminate in all respects, and all rights and options to purchase shares hereunder shall terminate, ten years from the Effective
Date set forth above. The right to purchase shares hereunder shall be cumulative. 
 Section 2. Exercise of Option.
Each Option hereunder may be exercised only to the extent such Option has vested pursuant to the terms of Section 1. Purchase of any shares hereunder shall be made by delivery to the Company of a written notice of exercise specifying the number
of shares with respect to which the Option is to be exercised and the address to which the certificate representing such shares is to be mailed, accompanied by: 
 (i) cash, certified or bank check or postal money order payable to the order of the Company for an amount equal to the Option price of such shares; 

(ii) with the consent of the Company, shares of Series G Stock of the Company having a fair market value equal to or less
than the Option price of such shares and shall be accompanied by cash or a certified or bank check or postal money order in an amount equal to the difference, if any, between the Option price of such shares and the fair market value of such shares;

 (iii) with the consent of the Company, a personal recourse note issued by the Holder to the Company in a
principal amount equal to such aggregate exercise price and with such other terms, including interest rate and maturity, as the Company may determine in its discretion, provided that the interest rate borne by such note shall not be less than the
lowest applicable federal rate, as defined in Section 1274(d) of the Internal Revenue Code of 1986, as amended. 

 (iv) with the consent of the Company, instructions to reduce the number of
shares otherwise issuable to the Holder upon the exercise of the Option by a number of shares of Series G Stock having a fair market equal to the aggregate exercise price; or 

(v) with the consent of the Company, a combination of (i), (ii), (iii) and/or (iv). 

For the purpose of the foregoing, the fair market value of the shares of Series G Stock which may be delivered to the Company upon
exercise of the Option shall be determined in accordance with procedures adopted by Board. 
 Section 3. Conditions and
Limitations. As a condition precedent to any exercise of this Option, the Holder (or if any other individual or individuals are exercising this Option, such individual or individuals) shall deliver to the Company an investment letter in form and
substance satisfactory to the Company and its counsel which shall contain among other things a statement in writing to the following effects (to the extent then applicable): (i) that the Option is then being exercised for the account of the
Holder and only with a view to investment in, and not for, in connection with or with a view to the disposition of, the shares with respect to which the Option is then being exercised; (ii) that the Holder acknowledges that the rights of first
refusal and repurchase set forth in Section 9 hereof apply to such shares; (iii) that the Holder has been advised that Rule 144 of the Securities and Exchange Commission (the “Commission”), which permits the resale, subject to
various terms and conditions, of small amounts of “restricted securities” (as therein defined) after they have been held for one year, does not now apply to the Company because the Company is not now required to file, and does not file,
current reports under the Securities Exchange Act of 1934 (the “Exchange Act”), nor is there publicly available information concerning the Company substantially equivalent to that which would be available if the Company were required to
file such reports; (iv) that the Holder understands that there is no assurance that the Company will ever become a reporting company under the Exchange Act and that the Company has no obligation to the Holder to do so; (v) that the Holder
and Holder’s representatives have fully investigated the Company and the business and financial conditions concerning it and have knowledge of the Company’s then current corporate activities and financial condition; and (vi) that the
Holder believes that the nature and amount of the shares being purchased are consistent with Holder’s investment objectives, abilities and resources. The restrictions imposed by this Section and any investment representation made pursuant to
this Section shall be inoperative upon the registration with the Commission of the stock subject to this Option or acquired through the exercise of this Option. 
 The Holder agrees that shares of Series G Stock issued pursuant to the exercise of this Option may not be sold or transferred, other than by will or the laws of descent and distribution, for a period of
four years from the date of grant of this Option. 
 The Holder also agrees for a period of up to 180 days from the effective
date of any registration of securities of the Company under the Securities Act of 1933, as amended (the “Securities Act”), upon request of the Company or the underwriters managing any underwritten offering of the Company’s securities,
not to sell, make any short sale of, loan, grant any option for the purchase of, or otherwise dispose of any shares issued pursuant to the exercise of this Option, without the prior written consent of the Company and such underwriters. 

  
 2 

 Section 4. Delivery of Shares. Within a reasonable time following the receipt by
the Company of the written notice and payment of the Option price for the shares to be purchased thereunder and, if applicable, the investment letter referred to in Section 3, the Company will deliver or cause to be delivered to the Holder (or
if any other individual or individuals are exercising this Option, to such individual or individuals) at the address specified pursuant to Section 2 hereof a certificate or certificates for the number of shares with respect to which the Option
is then being exercised, registered in the name of the Holder (or the name or names of the individual or individuals exercising the Option, either alone or jointly with another person or persons with rights of survivorship, as the individual or
individuals exercising the Option shall prescribe in writing to the Company); provided, however, that such delivery shall be deemed effected for all purposes when a stock transfer agent shall have deposited such certificate or certificates in the
United States mail, addressed to the Holder (or such individual or individuals) at the address so specified; and provided further that if any law, regulation or order of the Commission or other body having jurisdiction in the premises shall require
the Company or the Holder (or the individual or individuals exercising this Option) to take any action in connection with the sale of the shares then being purchased, then, subject to the other provisions of this paragraph, the date on which such
sale shall be deemed to have occurred and the date for the delivery of the certificates for such shares shall be extended for the period necessary to take and complete such action, it being understood that the Company shall have no obligation to
take and complete any such action. 
 Section 5. Adjustments Upon Changes in Capitalization. The existence of this
Option shall not affect in any way the right or power of the Company or its stockholders to make or authorize any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business, or any
merger or consolidation of the Company, or any issue of bonds, debentures, preferred or prior preference stock ahead of or affecting the Series G Stock or the rights thereof, or the dissolution or liquidation of the Company, or any sale or transfer
of all or any part of its assets or business, or any other corporate act or proceeding, whether of a similar character or otherwise. 
 If the Company shall effect a subdivision or consolidation of shares or other capital readjustment, the payment of a stock dividend, or other increase or reduction of the number of shares of the Series G
Stock outstanding, without receiving compensation therefor in money, services or property, then the number, class, and per share price of shares of stock subject to this Option shall be appropriately adjusted in such a manner as to entitle the
Holder to receive upon exercise of this Option, for the same aggregate cash consideration, the same total number and class of shares that the owner of an equal number of outstanding shares of Series G Stock would own as a result of the event
requiring the adjustment. 
 Except as hereinbefore expressly provided, the issue by the Company of shares of stock of any
class, or securities convertible into shares of stock of any class, for cash or property, or for labor or services, either upon direct sale or upon the exercise of rights or warrants to subscribe therefor, or upon conversion of shares of obligations
of the Company convertible into such shares or other securities, shall not affect, and no adjustment by reason thereof shall be made with respect to, the number or price of shares of Series G Stock then subject to this Option. 

  
 3 

 Section 6. Effect of Certain Transactions. If the Company is a party to a merger
or reorganization with one or more other corporations, whether or not the Company is the surviving or resulting corporation, or if the Company consolidates with or into one or more other corporations, or if the Company is liquidated or sells or
otherwise disposes of substantially all of its assets to another corporation (each hereinafter referred to as a “Transaction”), in any case while this Option remains outstanding: 

(i) after the effective date of such Transaction this Option shall remain outstanding and shall be exercisable in shares
of Series G Stock or, if applicable, shares of such stock or other securities, cash or property as the holders of shares of Series G Stock received pursuant to the terms of such Transaction; 

(ii) the Board may accelerate the time for exercise of this Option, so that from and after a date prior to the effective
date of such Transaction this Option shall be exercisable in full; 
 (iii) this Option may be cancelled by the
Board as of the effective date of the Transaction, provided that (a) notice of such cancellation shall have been given to the Holder and (b) the Holder shall have the right to exercise this Option to the extent the same is then exercisable
or, if the Board shall have accelerated the time for exercise of this Option, in full during the thirty-day period preceding the effective date of the Transaction; or 

(iv) in the event of a Transaction under the terms of which holders of Series G Stock of the Company receive upon
consummation thereof a cash payment for each share surrendered (the “Transaction Price”), the Holder shall be provided a cash payment equal to the difference between (a) the Transaction Price times the number of shares of Series G
Stock subject to this Option (to the extent the exercise price is not in excess of the Transaction Price) and (b) the aggregate exercise price of all such shares of Series G Stock subject to this Option, in exchange for the termination of this
Option. 
 Section 7. Rights of Holder. No person shall, by virtue of the granting of this Option to the Holder, be
deemed to be a holder of any shares purchasable under this Option or to be entitled to the rights or privileges of a holder of such shares unless and until this Option has been exercised with respect to such shares and they have been issued pursuant
to that exercise of this Option. 
 The granting of this Option shall not impose upon the Company any obligations to employ or
to continue to employ the Holder or, if applicable, to continue the Holder as a director of the Company; and the right of the Company to terminate the employment of the Holder shall not be diminished or affected by reason of the fact that this
Option has been granted to the Holder. 
 Nothing herein contained shall impose any obligation upon the Holder to exercise this
Option. 

  
 4 

 At all times while any portion of this Option is outstanding, the Company shall: reserve and
keep available, out of shares of its authorized and unissued stock or reacquired shares, a sufficient number of shares of its Series G Stock to satisfy the requirements of this Option; comply with the terms of this Option promptly upon exercise of
the Option rights; and pay all fees or expenses necessarily incurred by the Company in connection with the issuance and delivery of shares pursuant to the exercise of this Option. 

Section 8. Transfer and Termination. This Option is not transferable by the Holder otherwise than by will or the laws of
descent and distribution. 
 This Option is exercisable, during the Holder’s lifetime, only by him, and by him only while
he is providing services to the Company, except that in the event that the Holder’s services with the Company terminate for any reason other than death, disability or termination for cause, the Holder shall have the right to exercise this
Option within a period of sixty days after said termination (but not later than the expiration date of this Option) with respect to the shares which were vested at the time of such termination of services. 

In the event of the permanent and total disability or the death of the Holder prior to termination of the Holder’s services to the
Company or a parent or subsidiary of the Company and before the date of expiration of this Option, the Holder, or in the event of death, his executors, administrators, heirs or legatees, as the case may be, shall have the right to exercise this
Option at any time within one year after said disability or within six months after death (but not after the termination date of this Option) with respect to the shares which were vested at the date of his disability or death. The Holder shall be
considered permanently and totally disabled if he is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to last for a continuous period of not less than 12
months. 
 If the Holder’s services with the Company are terminated by the Company for Cause, this Option shall immediately
terminate and shall thereafter be of no further force and effect. The term “cause” shall mean (a) any material breach by the Holder of any agreement to which the Holder and the Company are both parties, (b) any act (other than
retirement) or omission to act by the Holder which may have a material and adverse effect on the Company’s business or on the Holder’s ability to perform services for the Company, including, without limitation, the commission of any crime
(other than minor traffic violations), or (c) any material misconduct or material neglect of duties by the Holder in connection with the business or affairs of the Company or any Parent, Subsidiary or affiliate of the Company. The Board shall
have sole authority and discretion to determine whether the Holder’s services have been terminated for Cause. 

Section 9. Right of First Refusal. Prior to the effective date of a registration statement under the Securities Act of 1933
covering any shares of the Company’s capital stock and until such time as the Company shall have affected a public offering of any shares of its capital stock, in the event that, at any time when the Holder (which term for purposes of this
Section 9 shall mean the Holder and his executors, administrators and any other person to whom this may be transferred by will or the laws of descent and distribution) is permitted to do so, the Holder desires to sell, assign or otherwise
transfer any of the shares issued upon the exercise of this 

  
 5 

 
Option, the Holder shall first offer such shares to the Company by giving written notice of the Holder’s desire so to sell, assign or transfer such shares. The notice shall state the number
of shares offered, the name of the person or persons to whom it is proposed to sell, assign or transfer such shares and the price at which such shares are intended to be sold, assigned or transferred. Such notice shall constitute an offer to the
Company for the Company to purchase the number of shares set forth in the notice at a price per share equal to the price stated therein. The Company may accept the offer as to all, but not less than all, such shares by notifying the Holder in
writing within 30 days after receipt of such notice of its acceptance of the offer. If the offer is accepted, the Company shall have 60 days within which to purchase the offered shares at a price per share as aforesaid. If within the applicable time
periods the Holder does not receive notice of the Company’s intention to purchase the offered shares, or if payment in full of the purchase price is not made by the Company, the offer shall be deemed to have been rejected and the Holder may
transfer title to such shares within 90 days from the date of the Holder’s written notice to the Company of the Holder’s intention to sell, but such transfer shall be made only to the proposed transferee and at the proposed price as stated
in such notice and after compliance with any other provisions of this Option applicable to the transfer of such shares. Shares that are so transferred to such transferee shall remain subject to the rights of the Company set forth in this
Section 9. No sale, assignment, pledge or transfer of any of the shares covered by this Option shall be effective or given effect on the books of the Company unless all of the applicable provisions of this Section 9 have been duly complied
with, and the Company may inscribe on the face of any certificate representing any of such shares a legend referring to the provisions of this Section. If any transfer of shares is made or attempted in violation of the foregoing restrictions, or if
shares are not offered to the Company as required hereby, the Company shall have the right to purchase such shares from the owner thereof or his transferee at any time before or after the transfer, as herein provided. In addition to any other legal
or equitable remedies which it may have, the Company may enforce its rights by actions for specific performance (to the extent permitted by law) and may refuse to recognize any transferee as one of its stockholders for any purpose, including,
without limitation, for purposes of dividend and voting rights, until all applicable provisions hereof have been complied with. 

For purposes of the Right of First Refusal pursuant to this Section 9, the term “shares” shall mean any and all new,
substituted or additional securities or other property issued to the Holder, by reason of his ownership of Series G Stock pursuant to the exercise of this Option, in connection with any stock dividend, liquidating dividend, stock split or other
change in the character or amount of any of the outstanding securities of the Company, or any consolidation, merger or sale of all or substantially all of the assets of the Company. 

Any certificate representing shares of stock subject to the provisions of this Section 9 may have endorsed thereon one or more
legends, substantially as follows: 
  

	 	(i)	“Any disposition of any interest in the securities represented by this certificate is subject to restrictions, and the securities represented by this certificate
are subject to certain options, contained in a certain agreement between the record holder hereof and the Company, a copy of which will be mailed to any holder of this certificate without charge upon receipt by the Company of a written request
therefor.” 

  
 6 

	 	(ii)	“The shares of stock represented by this certificate have not been registered under the Securities Act of 1933 or under the securities laws of any state and may
not be pledged, hypothecated, sold or otherwise transferred except upon such registration or upon receipt by the Company of an opinion of counsel satisfactory to the Company, in form and substance satisfactory to the Company, that such registration
is not required.” 

 The restrictions imposed by this Section 9 shall terminate in all respects upon the
effective date of a registration statement under the 1933 Act covering any shares of the Company’s capital stock. 

Section 10. Notice. Any notice to be given to the Company hereunder shall be deemed sufficient if addressed to the Company
and delivered to the office of the Company, Three Burlington Woods Drive, Burlington, MA 01803, attention of the president, or such other address as the Company may hereafter designate. 

Any notice to be given to the Holder hereunder shall be deemed sufficient if addressed to and delivered in person to the Holder at his
address furnished to the Company or when deposited in the mail, postage prepaid, addressed to the Holder at such address. 

Section 11. Withholding of Taxes. The Holder hereby agrees that the Company may withhold from amounts due to the Holder from
the Company, the appropriate amount of federal, state and local withholding taxes attributable to the Holder’s exercise of this Option. 
 At the Holder’s election, the amount required to be withheld may be satisfied, in whole or in part, by (i) authorizing the Company to withhold from shares of Series G Stock to be issued pursuant
to the exercise of this Option a number of shares with an aggregate fair market value that would satisfy the withholding amount due with respect to such exercise, or (ii) transferring to the Company a sufficient number of shares of Series G
Stock with an aggregate fair market value that would satisfy the withholding amount due. 
 The Holder further agrees that, if
the Company does not withhold an amount due to the Holder from the Company sufficient to satisfy the Company’s withholding obligation, the Holder will reimburse the Company on demand, in cash, for the amount underwithheld. 

Section 12. Government and Other Regulations; Governing Law. This Option is subject to all laws, regulations and orders of
any governmental authority which may be applicable thereto and, notwithstanding any of the provisions hereof, the Holder agrees that he will not exercise the Option granted hereby nor will the Company be obligated to issue any shares of stock
hereunder if the exercise thereof or the issuance of such shares, as the case may be, would constitute a violation by the Holder or the Company of any such law, regulation or order or any provision thereof. Without limiting the generality of the
foregoing, the Company shall not be obligated to issue any such shares if in the Company’s sole judgment to do so would cause the Company or such issue not to be in compliance with the requirements of Rule 504 promulgated under the Securities
Act. The Company shall not be obligated to take any affirmative action in order to cause the exercise of this Option or the issuance of shares pursuant hereto to comply with any such law, regulation, order or provision. 

  
 7 

 This Option is and shall be subject in every respect to the provisions of the Company’s
2005 Series G Convertible Preferred Stock Incentive Plan, as amended from time to time, which is incorporated herein by reference and made a part hereof. The Holder hereby accepts this Option subject to all the terms and provisions of the Plan and
agrees that (a) in the event of any conflict between the terms hereof and those of the Plan, the latter shall prevail, and (b) all decisions under and interpretations of the Plan by the Committee or the Board shall be final, binding and
conclusive upon the Holder and his heirs and legal representatives. 
 This Option shall be governed by and construed in
accordance with the laws of the State of Delaware. 
 Section 13. Effective Date. This Option shall be effective on
the Effective Date set forth on page 1 hereof. 
 IN WITNESS WHEREOF, the parties have executed this Option, or caused this
Option to be executed, as of the Effective Date. 
  

			
	Exa Corporation
		
	By:	 	 
		 	

  

			
	Acknowledged and accepted:
		
		 	 
		 	Holder

  
 8 

 SCHEDULE A 
 Exa Corporation 
 Non-Statutory Stock Option Granted Under the 

2005 Series G Convertible Preferred Stock Incentive Plan 
  

	1.	Name of Holder: 

  

	2.	Date of Grant: 

  

	3.	Maximum Number of shares for which this Option is exercisable: 

  

	4.	Exercise (purchase) price per share: 

  

	5.	Expiration Date of Option: 

  

	6.	Vesting Schedule: 

Notwithstanding the vesting schedule set forth above, this option may not be exercised in whole or in part within one year of date
of grant. 
  

	7.	All shares purchased upon exercise of this Option are subject to the rights of the Company to repurchase such shares as set forth in Section 9 of the Option, to
the four-year restriction from date of grant on sale and transfer and the lockup agreement set forth in Section 3 of the Option and to the other terms of the Option and Plan. 

* * * 

  
 9Exa Corporation 2007 Stock Incentive Plan

 Exhibit 4.18 
 EXA Corporation 
 2007 STOCK INCENTIVE PLAN 

SECTION 1. General Purpose of the Plan; Definitions 
 The purpose of this EXA Corporation 2007 Stock Incentive Plan (the “Plan”) is to encourage and enable officers and employees of, and other persons providing services to, EXA Corporation (the
“Company”) and its Affiliates to acquire a proprietary interest in the Company. It is anticipated that providing such persons with a direct stake in the Company’s welfare will assure a closer identification of their interests with
those of the Company and its shareholders, thereby stimulating their efforts on the Company’s behalf and strengthening their desire to remain with the Company. 
 The following terms shall be defined as set forth below: 
 “Affiliate”
means a parent corporation, if any, and each subsidiary corporation of the Company, as those terms are defined in Section 424 of the Code. 
 “Award” or “Awards”, except where referring to a particular category of grant under the Plan, shall include Incentive Stock Options, Non-Statutory Stock Options, Restricted Stock
Awards, Unrestricted Stock Awards, Performance Share Awards, Restricted Stock Units and Stock Appreciation Rights. Awards shall be evidenced by a written agreement (which may be in electronic form and may be electronically acknowledged and accepted
by the recipient) containing such terms and conditions not inconsistent with the provisions of this Plan as the Committee shall determine. 
 “Board” means the Board of Directors of the Company. 
 “Cause”
shall mean, with respect to any Award holder, a determination by the Company (including the Board) or any Affiliate that the Holder’s employment or other relationship with the Company or any such Affiliate should be terminated as a result of
(i) a material breach by the Award holder of any agreement to which the Award holder and the Company (or any such Affiliate) are parties, (ii) any act (other than retirement) or omission to act by the Award holder that may have a material
and adverse effect on the business of the Company, such Affiliate or any other Affiliate or on the Award holder’s ability to perform services for the Company or any such Affiliate, including, without limitation, the proven or admitted
commission of any crime (other than an ordinary traffic violation), or (iii) any material misconduct or material neglect of duties by the Award holder in connection with the business or affairs of the Company or any such Affiliate. 

“Change of Control” shall have the meaning set forth in Section 16. 

“Code” means the Internal Revenue Code of 1986, as amended, and any successor Code, and related rules, regulations and
interpretations. 

  
 - 1 -

 “Committee” shall have the meaning set forth in Section 2. 

“Disability” means disability as set forth in Section 22(e)(3) of the Code. 

“Effective Date” means the date on which the Plan is approved by the Board of Directors as set forth in Section 18.

 “Eligible Person” shall have the meaning set forth in Section 4. 

“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended. 

“Fair Market Value” on any given date means the closing price per share of the Stock on such date as reported by such
registered national securities exchange on which the Stock is listed, or, if the Stock is not listed on such an exchange, as quoted on NASDAQ; provided, that, if there is no trading on such date, Fair Market Value shall be deemed to be the closing
price per share on the last preceding date on which the Stock was traded. If the Stock is not listed on any registered national securities exchange or quoted on NASDAQ, the Fair Market Value of the Stock shall be determined in good faith by the
Committee. 
 “Incentive Stock Option” means any Stock Option designated and qualified as an “incentive stock
option” as defined in Section 422 of the Code. 
 “Non-Employee Director” means any director who:
(i) is not currently an officer of the Company or an Affiliate, or otherwise currently employed by the Company or an Affiliate, (ii) does not receive compensation, either directly or indirectly, from the Company or an Affiliate, for
services rendered as a consultant or in any capacity other than as a director, except for an amount that does not exceed the dollar amount for which disclosure would be required pursuant to Rule 404(a) of Regulation S-K promulgated by the SEC,
(iii) does not possess an interest in any other transaction for which disclosure would be required pursuant to Rule 404(a) of Regulation S-K, and (iv) is not engaged in a business relationship for which disclosure would be required
pursuant to Rule 404(b) of Regulation S-K. 
 “Non-Statutory Stock Option” means any Stock Option that is not an
Incentive Stock Option. 
 “Option” or “Stock Option” means any option to purchase shares of Stock granted
pursuant to Section 5. 
 “Outside Director” means any director who (i) is not an employee of the Company or
of any “affiliated group,” as such term is defined in Section 1504(a) of the Code, which includes the Company (an “Affiliated Group Member”), (ii) is not a former employee of the Company or any Affiliated Group Member
who is receiving compensation for prior services (other than benefits under a tax-qualified retirement plan) during the Company’s or any Affiliated Group Member’s taxable year, (iii) has not been an officer of the Company or any
Affiliated Group Member and (iv) does not receive remuneration from the Company or any Affiliated Group Member, either directly or indirectly, in any capacity other than as a director. “Outside Director” shall be determined in
accordance with Section 162(m) of the Code and the Treasury regulations issued thereunder. 

  
 2 

 “Performance Share Award” means an Award pursuant to Section 8. 

“Restricted Stock Award” means an Award granted pursuant to Section 6. 

“Restricted Stock Unit” means an Award granted pursuant to Section 9. 

“SEC” means the Securities and Exchange Commission or any successor authority. 

“Stock” means the common stock, $0.001 par value per share, of the Company, subject to adjustments pursuant to Section 3.

 “Stock Appreciation Right” means an Award granted pursuant to Section 10. 

“Unrestricted Stock Award” means Awards granted pursuant to Section 7. 

SECTION 2. Administration of Plan; Committee Authority to Select Participants and Determine Awards. 

(a) Committee. It is intended that the Plan shall be administered by the Compensation Committee of the Board (the
“Committee”), consisting of not less than two (2) persons each of whom qualifies as an Outside Director and a Non-Employee Director, but the authority and validity of any act taken or not taken by the Committee shall not be affected
if any person administering the Plan is not an Outside Director or a Non-Employee Director. Except as specifically reserved to the Board under the terms of the Plan, and subject to any limitations set forth in the charter of the Committee, the
Committee shall have full and final authority to operate, manage and administer the Plan on behalf of the Company.  

(b) Powers of Committee. The Committee shall have the power and authority to grant and modify Awards consistent with the terms of
the Plan, including the power and authority: 
 (i) to select the persons to whom Awards may from time to time be
granted; 
 (ii) to determine the time or times of grant, and the extent, if any, of Incentive Stock Options,
Non-Statutory Stock Options, Restricted Stock, Unrestricted Stock, Performance Shares and Stock Appreciation Rights, or any combination of the foregoing, granted to any one or more participants; 

(iii) to determine the number of shares to be covered by any Award; 

(iv) to determine and modify the terms and conditions, including restrictions, not inconsistent with the terms of the
Plan, of any Award, which terms and conditions may differ among individual Awards and participants, and to approve the form of written instruments evidencing the Awards; provided, however, that no such action shall adversely affect rights under any
outstanding Award without the participant’s consent; 
 (v) to accelerate the exercisability or vesting of
all or any portion of any Award; 

  
 3 

 (vi) to extend the period in which any outstanding Stock Option or Stock
Appreciation Right may be exercised; and 
 (vii) to adopt, alter and repeal such rules, guidelines and practices
for administration of the Plan and for its own acts and proceedings as it shall deem advisable; to interpret the terms and provisions of the Plan and any Award (including related written instruments); to make all determinations it deems advisable
for the administration of the Plan; to decide all disputes arising in connection with the Plan; and to otherwise supervise the administration of the Plan. 
 All decisions and interpretations of the Committee shall be binding on all persons, including the Company and Plan participants. No member or former member of the Committee or the Board shall be liable
for any action or determination made in good faith with respect to this Plan. 
 SECTION 3. Shares Issuable under the Plan; Mergers;
Substitution. 
 (a) Shares Issuable. The maximum number of shares of Stock which may be issued in respect of Awards
(including Stock Appreciation Rights) granted under the Plan, subject to adjustment upon changes in capitalization of the Company as provided in this Section 3, shall be 7,000,000 shares, subject to adjustment upon changes in capitalization of
the Company as provided in this Section 3. For purposes of this limitation, the shares of Stock underlying any Awards which are forfeited, cancelled, reacquired by the Company or otherwise terminated (other than by exercise) shall be added back
to the shares of Stock with respect to which Awards may be granted under the Plan. Shares issued under the Plan may be authorized but unissued shares or shares reacquired by the Company. 

(b) Limitation on Awards. In no event may any Plan participant be granted Awards (including Stock Appreciation Rights) with
respect to more than 500,000 shares of Stock in any calendar year. The number of shares of Stock relating to an Award granted to a Plan participant in a calendar year that is subsequently forfeited, cancelled or otherwise terminated shall continue
to count toward the foregoing limitation in such calendar year. In addition, if the exercise price of an Award is subsequently reduced, the transaction shall be deemed a cancellation of the original Award and the grant of a new one so that both
transactions shall count toward the maximum shares issuable in the calendar year of each respective transaction. 
 (c) Stock
Dividends, Mergers, etc. In the event that after approval of the Plan by the stockholders of the Company in accordance with Section 18, the Company effects a stock dividend, stock split or similar change in capitalization affecting the
Stock, the Committee shall make appropriate adjustments in (i) the number and kind of shares of stock or securities with respect to which Awards may thereafter be granted (including without limitation the limitations set forth in Sections 3(a)
and (b) above), (ii) the number and kind of shares remaining subject to outstanding Awards, and (iii) the option or purchase price in respect of such shares. In the event of any merger, consolidation, dissolution or liquidation of the
Company, the Committee in its sole discretion may, as to any outstanding Awards, make such substitution or adjustment in the aggregate number of shares reserved for issuance under the Plan and in the number and purchase price (if any) of shares
subject to such Awards as it may determine and as may be permitted by 

  
 4 

 
the terms of such transaction, or accelerate, amend or terminate such Awards upon such terms and conditions as it shall provide (which, in the case of the termination of the vested portion of any
Award, shall require payment or other consideration which the Committee deems equitable in the circumstances), subject, however, to the provisions of Section 16. 
 (d) Substitute Awards. The Committee may grant Awards under the Plan in substitution for stock and stock based awards held by employees of another corporation who concurrently become employees of
the Company or an Affiliate as the result of a merger or consolidation of the employing corporation with the Company or an Affiliate or the acquisition by the Company or an Affiliate of property or stock of the employing corporation. The Committee
may direct that the substitute awards be granted on such terms and conditions as the Committee considers appropriate in the circumstances. 

SECTION 4. Eligibility. 

Awards may be granted to officers, directors and employees of, and consultants and advisers to, the Company or its Affiliates
(“Eligible Persons”). 
 SECTION 5. Stock Options. 
 The Committee may grant to Eligible Persons options to purchase stock. 
 Any Stock
Option granted under the Plan shall be in such form as the Committee may from time to time approve. 
 Stock Options granted
under the Plan may be either Incentive Stock Options (subject to compliance with applicable law) or Non-Statutory Stock Options. Unless otherwise so designated, an Option shall be a Non-Statutory Stock Option. To the extent that any option does not
qualify as an Incentive Stock Option, it shall constitute a Non-Statutory Stock Option. 
 No Incentive Stock Option shall be
granted under the Plan after the tenth anniversary of the date of adoption of the Plan by the Board. 
 The Committee in its
discretion may determine the effective date of Stock Options, provided, however, that grants of Incentive Stock Options shall be made only to persons who are, on the effective date of the grant, employees of the Company or an Affiliate. Stock
Options granted pursuant to this Section 5 shall contain such additional terms and conditions, not inconsistent with the terms of the Plan, as the Committee shall deem desirable. 

(a) Exercise Price. The exercise price per share for the Stock covered by a Stock Option granted pursuant to this Section 5
shall be determined by the Committee at the time of grant but shall be not less than one hundred percent (100%) of Fair Market Value on the date of grant. If an employee owns or is deemed to own (by reason of the attribution rules applicable
under Section 424(d) of the Code) more than ten percent (10%) of the combined voting power of all classes of stock of the Company or any subsidiary or parent corporation and an Incentive Stock Option is granted to such employee, the option
price shall be not less than one hundred ten percent (110%) of Fair Market Value on the date of grant. 

  
 5 

 (b) Option Term. The term of each Stock Option shall be fixed by the Committee, but
no Incentive Stock Option shall be exercisable more than ten (10) years after the date the option is granted. If an employee owns or is deemed to own (by reason of the attribution rules of Section 424(d) of the Code) more than ten percent
(10%) of the combined voting power of all classes of stock of the Company or any subsidiary or parent corporation and an Incentive Stock Option is granted to such employee, the term of such option shall be no more than five (5) years from
the date of grant. 
 (c) Exercisability; Rights of a Shareholder. Stock Options shall become vested and exercisable at
such time or times, whether or not in installments, as shall be determined by the Committee. The Committee may at any time accelerate the exercisability of all or any portion of any Stock Option. An optionee shall have the rights of a shareholder
only as to shares acquired upon the exercise of a Stock Option and not as to unexercised Stock Options. 
 (d) Method of
Exercise. Stock Options may be exercised in whole or in part, by delivering written notice of exercise to the Company, specifying the number of shares to be purchased. Payment of the purchase price may be made by delivery of cash or bank check
or other instrument acceptable to the Committee in an amount equal to the exercise price of such Options, or, to the extent provided in the applicable Option Agreement, by one or more of the following methods: 

(i) by delivery to the Company of shares of Stock of the Company having a fair market value equal in amount to the
aggregate exercise price of the Options being exercised and not subject to restriction under any Company incentive plan; or 
 (ii) if the class of Stock is registered under the Exchange Act at such time, by delivery to the Company of a properly executed exercise notice along with irrevocable instructions to a broker to deliver
promptly to the Company cash or a check payable and acceptable to the Company for the purchase price; provided that in the event that the optionee chooses to pay the purchase price as so provided, the optionee and the broker shall comply with such
procedures and enter into such agreements of indemnity and other agreements as the Committee shall prescribe as a condition of such payment procedure (including, in the case of an optionee who is an executive officer of the Company, such procedures
and agreements as the Committee deems appropriate in order to avoid any extension of credit in the form of a personal loan to such officer). The Company need not act upon such exercise notice until the Company receives full payment of the exercise
price; or 
 (iii) by reducing the number of Option shares otherwise issuable to the optionee upon exercise of
the Option by a number of shares of Common Stock having a fair market value equal to such aggregate exercise price of the Options being exercised; or 
 (iv) by any combination of such methods of payment. 
 The delivery of certificates
representing shares of Stock to be purchased pursuant to the exercise of a Stock Option will be contingent upon receipt from the Optionee (or a purchaser acting in his stead in accordance with the provisions of the Stock Option) by the Company of
the full purchase price for such shares and the fulfillment of any other requirements contained in the Stock Option or imposed by applicable law. 

  
 6 

 (e) Non-transferability of Options. Except as the Committee may provide with respect
to a Non-Statutory Stock Option, no Stock Option shall be transferable other than by will or by the laws of descent and distribution and all Stock Options shall be exercisable, during the optionee’s lifetime, only by the optionee. 

(f) Annual Limit on Incentive Stock Options. To the extent required for “incentive stock option” treatment under
Section 422 of the Code, the aggregate Fair Market Value (determined as of the time of grant) of the Stock with respect to which Incentive Stock Options granted under this Plan and any other plan of the Company or its Affiliates become
exercisable for the first time by an optionee during any calendar year shall not exceed $100,000. 
 (g) Options Granted to
French Residents. Notwithstanding any other provision of this Plan: (i) no Option shall be granted to a resident of France unless such optionee is an employee of the Company; (ii) no Option granted to a resident of France may be
exercised earlier than one year after date of grant, and shares of Stock issued pursuant to the exercise of such Option may not be sold or transferred (other than by will or the laws of descent and distribution) within four years from the date of
grant of the Option; and (iii) no Option granted to a resident of France shall provide for a period of exercise in excess of six months upon death of the optionee. 
 SECTION 6. Restricted Stock Awards. 
 (a) Nature of Restricted Stock
Award. The Committee in its discretion may grant Restricted Stock Awards to any Eligible Person, entitling the recipient to acquire, for such purchase price, if any, as may be determined by the Committee, shares of Stock subject to such
restrictions and conditions as the Committee may determine at the time of grant (“Restricted Stock”), including continued employment and/or achievement of pre-established performance goals and objectives. 

(b) Acceptance of Award. A participant who is granted a Restricted Stock Award shall have no rights with respect to such Award
unless the participant shall have accepted the Award within sixty (60) days (or such shorter date as the Committee may specify) following the award date by making payment to the Company of the specified purchase price, if any, of the shares
covered by the Award and by executing and delivering to the Company a written instrument that sets forth the terms and conditions applicable to the Restricted Stock in such form as the Committee shall determine. 

(c) Rights as a Shareholder. Upon complying with Section 6(b) above, a participant shall have all the rights of a shareholder
with respect to the Restricted Stock, including voting and dividend rights, subject to non-transferability restrictions and Company repurchase or forfeiture rights described in this Section 6 and subject to such other conditions contained in
the written instrument evidencing the Restricted Award. Unless the Committee shall otherwise determine, certificates evidencing shares of Restricted Stock Award shall remain in the possession of the Company until such shares are vested as provided
in Section 6(e) below. 

  
 7 

 (d) Restrictions. Shares of Restricted Stock may not be sold, assigned, transferred,
pledged or otherwise encumbered or disposed of except as specifically provided herein. In the event of termination of employment by the Company and its Affiliates for any reason (including death, Disability, and for Cause), any shares of Restricted
Stock which have not then vested shall automatically be forfeited to the Company. 
 (e) Vesting of Restricted Stock. The
Committee at the time of grant shall specify the date or dates and/or the attainment of pre-established performance goals, objectives and other conditions on which the non-transferability of the Restricted Stock and the Company’s right of
forfeiture shall lapse. Subsequent to such date or dates and/or the attainment of such pre-established performance goals, objectives and other conditions, the shares on which all restrictions have lapsed shall no longer be Restricted Stock and shall
be deemed “vested.” The Committee at any time may accelerate such date or dates and otherwise waive or, subject to Section 13, amend any conditions of the Award. 

(f) Waiver, Deferral and Reinvestment of Dividends. The written instrument evidencing the Restricted Stock Award may require or
permit the immediate payment, waiver, deferral or investment of dividends paid on the Restricted Stock. 
 SECTION 7. Unrestricted Stock
Awards. 
 (a) Grant or Sale of Unrestricted Stock. The Committee in its discretion may grant or sell to any Eligible
Person shares of Stock free of any restrictions under the Plan (“Unrestricted Stock”) at a purchase price determined by the Committee. Shares of Unrestricted Stock may be granted or sold as described in the preceding sentence in respect of
past services or other valid consideration. 
 (b) Restrictions on Transfers. The right to receive unrestricted Stock may
not be sold, assigned, transferred, pledged or otherwise encumbered, other than by will or the laws of descent and distribution. 
 SECTION
8. Performance Share Awards. 
 The Committee in its discretion may grant Performance Share Awards under the Plan to any
Eligible Person. A Performance Share Award is an award entitling the recipient to acquire shares of Stock upon the attainment of specified performance goals. The Committee may make Performance Share Awards independent of or in connection with the
granting of any other Award under the Plan. The Committee in its discretion shall determine whether and to whom Performance Share Awards shall be made, the performance goals applicable under each such Award (which may include, without limitation,
continued employment by the recipient or a specified achievement by the recipient, the Company or any business unit of the Company), the periods during which performance is to be measured, and all other limitations and conditions applicable to the
Award or the Stock issuable thereunder. Upon the attainment of the specified performance goal shares of Stock shall be issued pursuant to the Performance Share Award as soon as practicable thereafter, but in no event later than two and one-half
months after the calendar year in which such performance goal is attained. 

  
 8 

 SECTION 9. Restricted Stock Units. 

The Committee in its discretion may grant Restricted Stock Units under the Plan to any Eligible Person. A Restricted Stock Unit is an
Award entitling the recipient to acquire shares of Stock pursuant to certain terms and conditions. The Committee may award Restricted Stock Units independent of or in connection with the granting of any other Award under the Plan. The Committee in
its discretion shall determine whether and to whom Restricted Stock Units shall be granted, the terms, conditions and restrictions, including vesting, if any, related to such Restricted Stock Units, including the number of shares of Stock that the
recipient shall be entitled to receive or purchase, the price to be paid, if any, and all other limitations and conditions applicable to the Restricted Stock Units. 
 SECTION 10. Stock Appreciation Rights. 
 The Committee in its discretion may
grant Stock Appreciation Rights under the Plan to any Eligible Person. A Stock Appreciation Right is an Award entitling the participant upon exercise thereof to receive from the Company, upon written request to the Company at its principal offices
(the “Request”), a number of shares of Stock, or may provide for cash payment or combination of shares and cash, having an aggregate Fair Market Value equal to the product of (a) the excess of Fair Market Value, on the date of such
Request, over the exercise price per share of Stock specified in such Stock Appreciation Right (which exercise price shall be not less than one hundred percent (100%) of Fair Market Value on the date of grant), multiplied by (b) the number
of shares of Stock for which such Stock Appreciation Right shall be exercised. 
 SECTION 11. Termination of Stock Options and Stock
Appreciation Rights. 
 (a) Incentive Stock Options: 

(i) Termination by Death. If any participant’s employment by the Company and its Affiliates terminates by
reason of death, any Incentive Stock Option owned by such participant may thereafter be exercised to the extent exercisable at the date of death, by the legal representative or legatee of the participant, for a period of one year from the date of
death, or until the expiration of the stated term of the Incentive Stock Option, if earlier. 
 (ii)
Termination by Reason of Disability. 
 Any Incentive Stock Option held by a participant whose employment
by the Company and its Affiliates has terminated by reason of Disability may thereafter be exercised, to the extent it was exercisable at the time of such termination, for a period of one year from the date of such termination of employment, or
until the expiration of the stated term of the Option, if earlier. The Committee shall have sole authority and discretion to determine whether a participant’s employment has been terminated by reason of Disability or Normal Retirement.

 (iii) Termination for Cause. If any participant’s employment by the Company and its Affiliates has
been terminated for Cause, as determined by the Committee in its sole discretion, any Incentive Stock Option held by such participant shall immediately terminate and be of no further force and effect. 

  
 9 

 (iv) Other Termination. Unless otherwise determined by the Committee,
if a participant’s employment by the Company and its Affiliates terminates for any reason other than death, Disability, or for Cause, any Incentive Stock Option held by such participant may thereafter be exercised, to the extent it was
exercisable on the date of termination of employment, for ninety (90) days from the date of termination of employment or until the expiration of the stated term of the Option, if earlier. 

(b) Non-Statutory Stock Options and Stock Appreciation Rights. Any Non-Statutory Stock Option or Stock Appreciation Right granted
under the Plan shall contain such terms and conditions with respect to its termination as the Committee, in its discretion, may from time to time determine. 
 SECTION 12. Tax Withholding and Notice. 
 (a) Payment by Participant.
Each participant shall, no later than the date as of which the value of an Award or of any Stock or other amounts received thereunder first becomes includable in the gross income of the participant for Federal income tax purposes, pay to the
Company, or make arrangements satisfactory to the Committee regarding payment of any Federal, state, local and/or payroll taxes of any kind required by law to be withheld with respect to such income. The Company and its Affiliates shall, to the
extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to the participant. 

(b) Payment in Shares. A Participant may elect, with the consent of the Committee, to have such tax withholding obligation
satisfied, in whole or in part, by (i) authorizing the Company to withhold from shares of Stock to be issued pursuant to an Award a number of shares with an aggregate Fair Market Value (as of the date the withholding is effected) that would
satisfy the withholding amount due with respect to such Award, or (ii) delivering to the Company a number of shares of Stock with an aggregate Fair Market Value (as of the date the withholding is effected) that would satisfy the withholding
amount due. 
 (c) Notice of Disqualifying Disposition. Each holder of an Incentive Option shall agree to notify the
Company in writing immediately after making a disqualifying disposition (as defined in Section 421(b) of the Code) of any Stock purchased upon exercise of an Incentive Stock Option. 
 SECTION 13. Transfer and Leave of Absence. 
 For purposes of the Plan, the
following events shall not be deemed a termination of employment: 
 (a) a transfer to the employment of the Company from an
Affiliate or from the Company to an Affiliate, or from one Affiliate to another; 
 (b) an approved leave of absence for
military service or sickness, or for any other purpose approved by the Company, if the employee’s right to re-employment is guaranteed either by a statute or by contract or under the policy pursuant to which the leave of absence was granted or
if the Committee otherwise so provides in writing; provided, that the vesting date or dates of any unvested Award held by such employee shall automatically be extended by a period of time equal to the period of such approved leave of absence.

  
 10 

 SECTION 14. Amendments and Termination. 

The Board may at any time amend or discontinue the Plan and the Committee may at any time amend or cancel any outstanding Award for the
purpose of satisfying changes in law or for any other lawful purpose, but no such action shall adversely affect rights under any outstanding Award without the holder’s consent. Notwithstanding the foregoing, neither the Board nor the Committee
shall have the power or authority to decrease the exercise price of any outstanding Stock Option or Stock Appreciation Right, whether through amendment, cancellation and regrant, exchange or any other means, except for changes made pursuant to
Section 3(c). 
 This Plan shall terminate as of the tenth anniversary of its effective date. The Board may terminate this
Plan at any earlier time for any reason. No Award may be granted after the Plan has been terminated. No Award granted while this Plan is in effect shall be adversely altered or impaired by termination of this Plan, except upon the consent of the
holder of such Award. The power of the Committee to construe and interpret this Plan and the Awards granted prior to the termination of this Plan shall continue after such termination. 
 SECTION 15. Status of Plan. 
 With respect to the portion of any Award which
has not been exercised and any payments in cash, Stock or other consideration not received by a participant, a participant shall have no rights greater than those of a general creditor of the Company unless the Committee shall otherwise expressly
determine in connection with any Award or Awards. 
 SECTION 16. Change of Control Provisions. 

(a) Upon the occurrence of a Change of Control as defined in this Section 16: 

(i) subject to the provisions of clauses (iii) and (iv) below, after the effective date of such Change of
Control, each holder of an outstanding Stock Option, Restricted Stock Award, Performance Share Award, Restricted Stock Unit or Stock Appreciation Right shall be entitled, upon exercise of such Award, to receive, in lieu of shares of Stock (or
consideration based upon the Fair Market Value of Stock), shares of such stock or other securities, cash or property (or consideration based upon shares of such stock or other securities, cash or property) as the holders of shares of Stock received
in connection with the Change of Control; 
 (ii) in connection with the provisions of clauses (i), (iii) or
(iv), the Committee may accelerate, fully or in part, the time for exercise of, and waive any or all conditions and restrictions on, each unexercised and unexpired Stock Option, Restricted Stock Award, Performance Share Award, Restricted Stock Unit
and Stock Appreciation Right, effective upon a date prior or subsequent to the effective date of such Change of Control, as specified by the Committee; 

  
 11 

 (iii) the Committee may provide that the Company shall make or provide for a
cash payment to each holder of an outstanding Stock Option equal to the difference between (A) the fair market value of the per share consideration (whether cash, securities or other property or any combination of the above) the holder of a
share of Stock will receive upon consummation of the Change of Control (the “Per Share Transaction Price”) times the number of shares of Stock subject to such outstanding Options to the extent then exercisable (or, in full, if the
Committee shall have accelerated the time for exercise of all such unexercised and unexpired Options) and (B) the aggregate exercise price of all such outstanding vested Options, in exchange for the termination of such vested Options; and
provided further that the Committee may provide that to the extent any Options are exercisable at a price equal to or in excess of the per Share Transaction Price, such Options shall terminated immediately upon the effective date of the Change of
Control without any payment being made to the holders of such Options; 
 (iv) each outstanding Stock Option,
Restricted Stock Award, Performance Share Award, Restricted Stock Unit and Stock Appreciation Right may be cancelled by the Committee as of the effective date of any such Change of Control provided that (x) prior written notice of such
cancellation shall be given to each holder of such an Award and (y) each holder of such an Award shall have the right to exercise such Award to the extent that the same is then exercisable or, in full, if the Committee shall have accelerated
the time for exercise of all such unexercised and unexpired Awards, during a specified period of time preceding the effective date of such Change of Control, which period may end prior to such effective date. 

Notwithstanding any provision above, and regardless of any other action taken with regard to outstanding Stock Options, the Committee may
provide, pursuant to written notice to holders of outstanding Stock Options, that Stock Options may not be exercised during a specified period of time ending prior to the effective date of the Change of Control. 

(b) “Change of Control” shall mean the occurrence of any one of the following events: 

(i) any “person” (as such term is used in Sections 13(d) and 14(d)(2) of the Exchange Act) becomes, after the
Effective Date of this Plan, a “beneficial owner” (as such term is defined in Rule 13d-3 promulgated under the Exchange Act) (other than the Company, any trustee or other fiduciary holding securities under an employee benefit plan of the
Company, or any corporation owned, directly or indirectly, by the stockholders of the Company in substantially the same proportions as their ownership of stock of the Company), directly or indirectly, of securities of the Company representing fifty
percent (50%) or more of the combined voting power of the Company’s then outstanding securities; or 

(ii) the stockholders of the Company approve a merger or consolidation of the Company with any other corporation or other
entity, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of
the surviving entity) more than fifty percent (50%) of the combined voting power of the voting securities of the Company or such surviving entity outstanding immediately after such merger or consolidation; or 

  
 12 

 (iii) the stockholders of the Company approve a plan of complete liquidation
of the Company or an agreement for the sale or disposition by the Company of all or substantially all of the Company’s assets. 

SECTION 17. General Provisions. 
 (a) No Distribution; Compliance with Legal Requirements. The Committee may require each person acquiring shares pursuant to an Award to represent to and agree with the Company in writing that such
person is acquiring the shares without a view to distribution thereof. 
 No shares of Stock shall be issued pursuant to an
Award until all applicable securities laws and other legal and stock exchange requirements have been satisfied. The Committee may require the placing of such stop orders and restrictive legends on certificates for Stock and Awards as it deems
appropriate. 
 (b) Delivery of Stock Certificates. Delivery of stock certificates to participants under this Plan shall
be deemed effected for all purposes when the Company or a stock transfer agent of the Company shall have delivered such certificates in the United States mail, addressed to the participant, at the participant’s last known address on file with
the Company. 
 (c) Other Compensation Arrangements; No Employment Rights. Nothing contained in this Plan shall prevent
the Board from adopting other or additional compensation arrangements, including trusts, subject to stockholder approval if such approval is required; and such arrangements may be either generally applicable or applicable only in specific cases. The
adoption of the Plan or any Award under the Plan does not confer upon any employee any right to continued employment with the Company or any Affiliate. 
 (d) Lock-Up Agreement. By accepting any Award, the recipient shall be deemed to have agreed that, if so requested by the Company or by the underwriters managing any underwritten offering of the
Company’s securities, the recipient will not, without the prior written consent of the Company or such underwriters, as the case may be, sell, make any short sale of, loan, grant any option for the purchase of, or otherwise dispose of any
shares subject to any such Award during the Lock-up Period, as defined below. The “Lock-Up Period” shall mean a period of time not exceeding 180 days or, if greater, such number of days as shall have been agreed to by each director and
executive officer of the Company in connection with such offering in a substantially similar lock-up agreement by which each such director and executive officer is bound. If requested by the Company or such underwriters, the recipient shall enter
into an agreement with such underwriters consistent with the foregoing. 
 SECTION 18. Effective Date of Plan. 

This Plan shall become effective upon its adoption by the Company’s Board of Directors. If the Plan shall not be approved by the
shareholders of the Company within twelve months following its adoption, this Plan shall terminate and be of no further force or effect. 

  
 13 

 SECTION 19. Governing Law. 
 This Plan shall be governed by, and construed and enforced in accordance with, the substantive laws of The Commonwealth of Massachusetts without regard to its principles of conflicts of laws. 

* * * 

  
 14

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00192-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00192-of-00352.parquet"}]]