Document:

EX-10.24

 Exhibit 10.24 

BASIC LEASE INFORMATION 

INDUSTRIAL NET 
  

			
		
	LEASE DATE:	  	April 23, 2014
		
	TENANT:	  	 PROTEINSIMPLE,
 a Delaware
corporation

		
	TENANT’S NOTICE ADDRESS PRIOR TO COMMENCEMENT DATE:	  	 3040 Oakmead Village Drive
 Santa Clara,
California, 95051
 Attn: Jason Novi, VP Operations & CFO

		
	TENANT’S NOTICE ADDRESS ON AND AFTER COMMENCEMENT DATE:	  	The Premises
		
	LANDLORD:	  	 CREFII-RCI ORCHARD, LLC,
 a Delaware
limited liability company

		
	LANDLORD’S NOTICE ADDRESS:	  	 c/o Ridge Capital Investors, LLC
 155 Montgomery
Street, Suite 1103
 San Francisco, California 94104
 Attention:
Trevor Wilson
  Managing Director

		
	LANDLORD’S REMITTANCE ADDRESS:	  	 Cushman & Wakefield LA
 P.O. Box 45258-Ext
153
 San Francisco, CA 94145-0258

		
	BUILDING DESCRIPTION:	  	 The building located at 3001 Orchard Parkway, San

Jose, California.

		
	PREMISES:	  	 Approximately 97,957 rentable square feet comprising

the entire Building.

		
	PERMITTED USE:	  	General office use, manufacturing light assembly and research and development administration, sales and other legally permitted ancillary uses as well as warehousing of products for protein research.
		
	PARKING:	  	3.7 unreserved spaces per 1,000 rentable square feet of the Premises
		
	SCHEDULED COMMENCEMENT DATE:	  	September 15, 2014
		
	SCHEDULED LENGTH OF TERM:	  	One hundred eight (108) full calendar months.
		
	SCHEDULED EXPIRATION DATE:	  	September 30, 2023
		
	BASE RENT:	  	 $178,281.74 per month
 (subject to adjustment as
provided in Section 39.A. hereof)

		
	ESTIMATED FIRST YEAR OPERATING EXPENSES:	  	$32,325.81 per month, subject to adjustment pursuant to Section 7 hereof.
		
	SECURITY DEPOSIT:	  	None as of the date hereof.

  
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	 TENANT’S PROPORTIONATE SHARE:
	  	100% of the Building
		
	 TENANT’S BROKER:
	  	Jones Lang LaSalle
		
	 LANDLORD’S BROKER:
	  	CBRE
		
	 GUARANTOR(S):
	  	There are no guarantors as of the date hereof.
		
	 LETTER OF CREDIT:
	  	$2,000,000.00, subject to Section 39.8 hereof.

 The foregoing Basic Lease Information is incorporated into and made a part of the Lease. Each reference in the Lease to any of
the Basic Lease Information shall mean the respective information above and shall be construed to incorporate all of the terms provided under the particular Lease section pertaining to such information. In the event of any conflict between the Basic
Lease Information and the Lease, the latter shall control. 
  

									
	LANDLORD:	 		 	TENANT:
			
	CREFII-RCI ORCHARD LLC,	 		 	PROTEINSIMPLE,
	a Delaware limited liability company	 		 	a Delaware corporation
					
	By:	 	 RCI Orchard, LLC,

a Delaware limited liability company,
	 		 	By:	 	  

		 	    its Manager	 		 	Name:	 	  

		 		 		 	Its:	 	  

  

			
	By:	 	  

	Name: Trevor C. Wilson
	Its: Manager

 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
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 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	1.	 	Premises	  	 	1	  
	2.	 	Possession and Lease Commencement	  	 	1	  
	3.	 	Term	  	 	2	  
	4.	 	Use	  	 	2	  
	5.	 	Rules and Regulations	  	 	3	  
	6.	 	Rent	  	 	3	  
	7.	 	Operating Expenses	  	 	3	  
	8.	 	Insurance and Indemnification	  	 	7	  
	9.	 	Waiver of Subrogation	  	 	9	  
	10.    	 	Landlord’s Repairs and Maintenance	  	 	9	  
	11.	 	Tenant’s Repairs and Maintenance	  	 	9	  
	12.	 	Alterations	  	 	9	  
	13.	 	Signs	  	 	11	  
	14.	 	Inspection/Posting Notices	  	 	11	  
	15.	 	Services and Utilities	  	 	11	  
	16.	 	Subordination	  	 	12	  
	17.	 	Financial Statements	  	 	13	  
	18.	 	Estoppel Certificate	  	 	13	  
	19.	 	Security Deposit	  	 	13	  
	20.	 	Limitation of Tenant’s Remedies	  	 	14	  
	21.	 	Assignment and Subletting	  	 	14	  
	22.	 	Authority	  	 	16	  
	23.	 	Condemnation	  	 	16	  
	24.	 	Casualty Damage	  	 	16	  
	25.	 	Holding Over	  	 	17	  
	26.	 	Default	  	 	18	  
	27.	 	Liens	  	 	20	  
	28.	 	Substitution [Intentionally Omitted]	  	 	20	  
	29.	 	Transfers by Landlord	  	 	20	  
	30.	 	Right of Landlord to Perform Tenant’s Covenants	  	 	20	  
	31.	 	Waiver	  	 	20	  
	32.	 	Notice	  	 	21	  
	33.	 	Attorneys’ Fees	  	 	21	  
	34.	 	Successors and Assigns	  	 	21	  
	35.	 	Force Majeure	  	 	21	  
	36.	 	Surrender of Premises	  	 	22	  
	37.	 	Hazardous Materials	  	 	22	  
	38.	 	Miscellaneous	  	 	23	  
	39.	 	Additional Provisions	  	 	25	  
	40.	 	Jury Trial Waiver	  	 	34	  
	Signatures	  	 	35	  

  

			
	Exhibits:	  	
		
	Exhibit A	  	Rules and Regulations
		
	Exhibit B	  	Outline and Location of Premises
		
	Exhibit C	  	Work Letter
		
	Exhibit D	  	Hazardous Materials Questionnaire

  
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 LEASE 

THIS LEASE (the “Lease”) is made as of the date set forth in the Basic Lease Information by and between CREFII-RCI ORCHARD, LLC, a
Delaware limited liability company (“Landlord”), and PROTEINSIMPLE, a Delaware corporation (“Tenant”). 

1. PREMISES 
 Landlord
leases to Tenant and Tenant leases from Landlord, upon the terms and conditions hereinafter set forth, those premises (the “Premises”) outlined on Exhibit B and described in the Basic Lease Information. The Premises shall be
all of a building (the “Building”). The Building, together with the land upon which they are located and any other buildings and improvements thereon are herein collectively referred to as the “Project”. As used in
this Lease, “Exterior Areas” are all areas and facilities, including parking facilities located outside the Premises and within the boundary lines of the Project that are designated by Landlord from time to time for the exclusive
use of Tenant during the Term. Landlord and Tenant acknowledge that physical changes may occur from time to time in the Exterior Areas. 

2. POSSESSION AND LEASE COMMENCEMENT 

A. The term commencement date for this Lease (“Commencement Date”) shall be the date that the improvements to be constructed or
performed in the Premises by Landlord in accordance with the terms of Exhibit C hereto (“Tenant Improvements”) shall have been Substantially Complete (defined below) in accordance with Exhibit C attached hereto. The
Tenant Improvements shall be deemed to be “Substantially Complete” on the date that all Tenant Improvements has been performed, other than any details of construction, mechanical adjustment or any other similar matter, the
non-completion of which does not materially interfere with Tenant’s use of the Premises. Landlord shall cause the Tenant Improvements to be constructed in a good and workmanlike matter in accordance with the terms of Exhibit C hereto. If
the Substantial Completion of the Tenant Improvements by the Scheduled Commencement Date set forth in the Basic Lease Information is delayed as a result of the acts or omissions of Tenant, any Tenant Parties (defined in Section 4.A.) or their
respective contractors or vendors, including, without limitation, changes requested by Tenant to approved plans, Tenant’s failure to comply with any of its obligations under this Lease, or the specification of any materials or equipment with
long lead times (a “Tenant Delay”), the Tenant Improvements shall be deemed to be Substantially Complete on the date that Landlord could reasonably have been expected to Substantially Complete the Tenant Improvements absent any
Tenant Delay. Landlord shall use reasonable efforts to notify Tenant in writing of any circumstances of which Landlord is aware that have caused or may cause a Tenant Delay, so that Tenant may take whatever action is appropriate to minimize or
prevent such Tenant Delay. Subject to Landlord’s obligation to perform Tenant Improvements, the Premises are accepted by Tenant in “as is” condition and configuration without any representations or warranties by Landlord. By taking
possession of the Premises, Tenant agrees that the Premises are in good order and satisfactory condition. If for any reason Landlord cannot deliver possession of the Premises to Tenant on the Scheduled Commencement Date specified in the Basic Lease
Information, Landlord shall not be subject to any liability therefor, nor shall Landlord be in default hereunder nor shall such failure affect the validity of this Lease, and Tenant agrees to accept possession of the Premises at such time as
Landlord is able to deliver the same, which date shall then be deemed the Commencement Date; provided that Tenant shall not be liable for any Rent for any period prior to the Commencement Date except as otherwise provided herein. Upon
Landlord’s request, Tenant shall promptly execute and return to Landlord a commencement date memorandum in which Tenant shall agree, among other things, to acceptance of the Premises and to the determination of the actual Commencement Date, in
accordance with the terms of this Lease, but Tenant’s failure or refusal to do so shall not negate Tenant’s acceptance of the Premises or affect determination of the Commencement Date. 

B. If the Commencement Date has not occurred on or before September 15, 2014 (the “Outside Completion Date”), Tenant shall be
entitled to an abatement of Base Rent following the expiration of the Abatement Period (as defined in Section 39.A) of $5,942.72 for every day in the period beginning on the Outside Completion Date and ending on the Commencement Date. Landlord
and Tenant acknowledge and agree that: (i) the determination of the Commencement Date shall take into consideration the effect of any Tenant Delays; and (ii) the Outside Completion Date shall be postponed by the number of days the such
date is delayed due to any delays in obtaining permits or other governmental approvals, strikes, acts of God, shortages of labor or materials, war, terrorist acts, civil disturbances and other causes beyond the reasonable control of Landlord. Prior
to the actual Commencement Date, Tenant shall have early access to the Premises pursuant to the terms of Section 7 of the Work Letter. 

  
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 3. TERM 

The term of this Lease (the “Term”) shall commence on the Commencement Date and continue in full force and effect for the
number of months specified as the Length of Term in the Basic Lease Information or until this Lease is terminated as otherwise provided herein (the “Expiration Date”). If the Commencement Date is a date other than the first day of
the calendar month, the Term shall be the number of months of the Length of Term in addition to the remainder of the calendar month following the Commencement Date. 

4. USE 
 A. General. Tenant shall
use the Premises for the permitted use specified in the Basic Lease Information (“Permitted Use”) and for no other use or purpose. Tenant shall control Tenant’s employees, agents, customers, visitors, invitees, licensees,
contractors, assignees and subtenants (individually, a “Tenant Party” and collectively, “Tenant Parties”) in such a manner that Tenant and Tenant Parties cumulatively do not exceed the parking ratio specified in the
Basic Lease Information at any time. So long as Tenant is occupying the Premises, Tenant and Tenant Parties shall have the right to use, the parking areas, driveways and other Exterior Areas of the Project, subject to the terms of this Lease and
such reasonable rules and regulations as Landlord may from time to time prescribe. Landlord reserves the right, without notice or liability to Tenant, and without the same constituting an actual or constructive eviction, to alter or modify the
Exterior Areas from time to time, including the location and configuration thereof, and the amenities and facilities which Landlord may reasonably determine to provide from time to time. In the exercise of the above rights, and except in emergency
situations as determined by Landlord, Landlord shall use commercially reasonable efforts to minimize interference with the operation of Tenant’s business and with Tenant’s reasonable access to the Premises and Landlord shall not
voluntarily reconfigure the Exterior Areas in a manner that materially reduces the number of parking spaces allocated to Tenant hereunder. Tenant shall have access to the Building for Tenant and its employees twenty four (24) hours per
day/seven (7) days per week, subject to the terms of this Lease and such security or monitoring systems as Landlord may reasonably impose, including, without limitation, sign-in procedures and/or presentation of identification cards. 

B. Limitations. Tenant shall not permit any odors, smoke, dust, gas, substances, noise or vibrations to emanate from the Premises as a result of
Tenant’s or any Tenant’s Party’s use thereof, nor take any action which would constitute a nuisance or would disturb, obstruct or endanger any other tenants or occupants of adjacent properties. Storage in the Exterior Areas of
materials, vehicles or any other items other than in the areas reasonably designated by Landlord for such storage is prohibited. Tenant shall not use or allow the Premises to be used for any unlawful or reasonably objectionable purpose, nor shall
Tenant cause or maintain or permit any nuisance in, on or about the Premises. Tenant shall not commit or suffer the commission of any waste in, on or about the Premises. Tenant shall not allow any sale by auction upon the Premises, or place any
loads upon the floors, walls or ceilings which could endanger the structure, or place any harmful substances in the drainage system of the Building or Project. No waste, materials or refuse shall be dumped upon or permitted to remain outside the
Premises except in trash containers placed inside exterior enclosures designated for that purpose by Landlord. 
 C. Compliance with Regulations.
Tenant shall at its sole cost and expense strictly comply with all existing or future applicable municipal, state and federal and other governmental statutes, rules, requirements, regulations, laws and ordinances, including zoning ordinances and
regulations, and covenants, easements and restrictions of record governing and relating to the use, occupancy or possession of the Premises, to Tenant’s use of the Exterior Areas, or to the use, storage, generation or disposal of Hazardous
Materials (hereinafter defined) (collectively “Regulations”). Tenant shall at its sole cost and expense obtain any and all licenses or permits necessary for Tenant’s use of the Premises. Tenant shall at its sole cost and
expense promptly comply with the requirements of any board of fire underwriters or other similar body now or hereafter constituted. Tenant shall not do or permit anything to be done in, on, under or about the Project or bring or keep anything which
will in any way increase the rate of any insurance upon the Project or upon any contents therein or cause a cancellation of said insurance or otherwise affect said insurance in any manner. Tenant shall indemnify, defend, protect and hold Landlord
and the Landlord Parties (as defined in Section 8.C. below) harmless from and against any loss, cost, expense, damage, attorneys’ fees or liability arising out of the failure of Tenant to comply with any Regulation. Tenant’s
obligations pursuant to the foregoing indemnity shall survive the expiration or earlier termination of this Lease. Notwithstanding anything to the contrary set forth herein, Landlord, at its sole cost and expense (except to the extent properly
included in Operating Expenses) shall be responsible for correcting any violations of applicable Regulations in effect (and as interpreted and enforced) as of the date of this Lease with respect to the Premises to the extent that (a) the
correction of any such violation is necessary for Tenant’s employees and visitors to have reasonably safe access to and from the Premises, or (b) Landlord’s failure to cause correct any such violation would impose liability upon
Tenant under any Regulation; provided that Landlord’s obligation with respect to the Exterior Areas, shall not include the installation of new or additional mechanical, electrical, plumbing or fire/life safety systems, unless such improvement
is required on a Building-wide basis by applicable Regulation and without reference to the 

  
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specific nature of Tenant’s use of and business in the Premises, any Alterations performed by or on behalf of Tenant (other than the Tenant Improvements) or the presence of one or more
persons with a particular disability at the Premises. Landlord shall have the right to contest any alleged violations of Regulation in good faith, including, without limitation, the right to apply for and obtain a waiver or deferment of compliance,
the right to assert any and all defenses allowed by Regulation and the right to appeal any decisions, judgments or rulings to the fullest extent permitted by Regulation. Landlord, after the exhaustion of any and all rights to appeal or contest, will
make all repairs, additions, alterations or improvements necessary to comply with the terms of any final order or judgment. Notwithstanding the foregoing, Tenant, not Landlord, shall be responsible for the correction of any violations of Regulations
that arise out of or in connection with any claims brought under any provision of the Americans with Disabilities Act other than Title III, Tenant’s specific use of or business at the Premises, the acts or omissions of Tenant, its agents,
employees or contractors, the presence of one or more persons with a particular disability at the Premises, Tenant’s arrangement of any furniture, equipment or other property in the Premises, any repairs or Alterations performed by or on behalf
of Tenant (other than the Tenant Improvements), any design or configuration of the Premises specifically requested by Tenant after being informed that such design or configuration may not be in strict compliance with applicable Regulation, and any
changes in Regulation after the date of this Lease that are applicable to the Premises. Nothing herein shall require Tenant, with respect to the Project or the Premises, to comply with Regulations which require structural alterations, capital
improvements or the installation of new or additional mechanical, electrical, plumbing or fire/life safety systems on a Building-wide basis without reference to the Tenant’s specific use of or business at the Premises, the negligent acts or
omissions of Tenant or any Tenant Party, or any Alterations performed by or on behalf of Tenant. 
 5. RULES AND REGULATIONS 

Tenant shall faithfully observe and comply with the building rules and regulations attached hereto as Exhibit A and any other rules and
regulations and any modifications or additions thereto which Landlord may from time to time reasonably prescribe in writing for the purpose of maintaining the proper care, cleanliness, safety, traffic flow and general order of the Project. Tenant
shall cause the Tenant Parties to comply with such rules and regulations. 
 6. RENT 

A. Base Rent. Tenant shall pay to Landlord and Landlord shall receive, without notice or demand throughout the Term, Base Rent as specified in the
Basic Lease Information and Section 39A, payable in monthly installments in advance on or before the first day of each calendar month, in lawful money of the United States, without deduction or offset whatsoever, at the Remittance Address
specified in the Basic Lease Information or to such other place as Landlord may from time to time designate in writing. Base Rent for the first full month of the Term for which Base Rent is payable in accordance with Section 39.A and the first
installment of Tenant’s Proportionate Share of Operating Expenses (as defined in Section 7.A below) shall be paid by Tenant upon Tenant’s execution of this Lease. If the obligation for payment of Base Rent commences on a day other
than the first day of a month, then Base Rent shall be prorated and the prorated installment shall be paid on the first day of the calendar month next succeeding the Commencement Date. The Base Rent payable by Tenant hereunder is subject to
adjustment as provided elsewhere in this Lease, as applicable. As used herein, the term “Base Rent” shall mean the Base Rent specified in the Basic Lease Information and Section 39.A as it may be so adjusted from time to time.

 B. Additional Rent. All monies other than Base Rent required to be paid by Tenant hereunder, including, but not limited to, Tenant’s
Proportionate Share of Operating Expenses, as specified in Section 7 of this Lease, charges to be paid by Tenant under Section 15, the interest and late charge described in Sections 26. D. and E., and any monies spent by Landlord pursuant
to Section 30, shall be considered additional rent (“Additional Rent”). “Rent” shall mean Base Rent and Additional Rent. 

7. OPERATING EXPENSES 
 A. Operating
Expenses. In addition to the Base Rent required to be paid hereunder, Tenant shall pay as Additional Rent, Tenant’s Proportionate Share, as defined in the Basic Lease Information, of Operating Expenses (defined below) in the manner set
forth below. Tenant shall pay the applicable Tenant’s Proportionate Share of each such Operating Expenses. Landlord and Tenant acknowledge that if physical changes are made to the Premises or the Project or the configuration of any thereof,
Landlord may at its discretion reasonably adjust Tenant’s Proportionate Share of the Project to reflect the change. Landlord’s determination of Tenant’s Proportionate Share of the Building and of the Project shall be conclusive so
long as it is reasonably and consistently applied. “Operating Expenses” shall mean all expenses and costs of every kind and nature which Landlord shall pay or become obligated to pay, because of or in connection with the ownership,
management, maintenance, repair, preservation, replacement and operation of the Building or Project and its supporting facilities and such additional facilities now and in subsequent years as may be determined by Landlord to be necessary or
desirable to the Building and/or Project (as determined in a reasonable manner) other than those expenses and costs which are specifically attributable to Tenant or which are expressly made the financial responsibility of Landlord pursuant to this
Lease. Operating Expenses shall include, but are not limited to, the following: 

  
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 (1) Taxes. All real property taxes and assessments, possessory interest taxes, sales
taxes, personal property taxes, business or license taxes or fees, gross receipts taxes, service payments in lieu of such taxes or fees, annual or periodic license or use fees, excises, transit charges, and other impositions, general and special,
ordinary and extraordinary, unforeseen as well as foreseen, of any kind (including fees “in-lieu” of any such tax or assessment) which are now or hereafter assessed, levied, charged, confirmed, or imposed by any public authority upon the
Building or Project, its operations or the Rent (or any portion or component thereof), or any tax, assessment or fee imposed in substitution, partially or totally, of any of the above. Operating Expenses shall also include any taxes, assessments,
reassessments, or other fees or impositions with respect to the development, leasing, management, maintenance, alteration, repair, use or occupancy by Tenant of the Premises or Project or any portion thereof, including, without limitation, by or for
Tenant, and all increases therein or reassessments thereof whether the increases or reassessments result from increased rate and/or valuation (whether upon a transfer of the Building or Project or any portion thereof or any interest therein or for
any other reason). Operating Expenses shall not include inheritance or estate taxes imposed upon or assessed against the interest of any person in the Project, or taxes computed upon the basis of the net income of any owners of any interest in the
Project. If it shall not be lawful for Tenant to reimburse Landlord for all or any part of such taxes, the monthly rental payable to Landlord under this Lease shall be revised to net Landlord the same net rental after imposition of any such taxes by
Landlord as would have been payable to Landlord prior to the payment of any such taxes. 
 (2) Insurance. All insurance premiums and
costs, including, but not limited to, any commercially reasonable deductible amounts, premiums and other costs of insurance incurred by Landlord, including for the insurance coverage set forth in Section 8.A. herein; provided, however, that for
purposes hereof the following amounts shall be deemed commercially reasonable: (i) earthquake and flood insurance deductibles up to $100,000 per occurrence, and (ii) any other insurance deductibles up to $25,000 per occurrence. 

(3) Maintenance. 
 (a)
Repairs, replacements, and general maintenance of and for the Premises and Project, including, but not limited to, the roof and roof membrane, elevators, mechanical rooms, alarm systems, pest extermination, landscaped areas, parking and service
areas, driveways, sidewalks, truck staging areas, rail spur areas, fire sprinkler systems, sanitary and storm sewer lines, utility services, heating/ventilation/air conditioning systems, electrical, mechanical or other systems, telephone equipment
and wiring servicing, plumbing, lighting, and any other items or areas which affect the operation or appearance of the Premises or Project, which determination shall be at Landlord’s discretion, except for: those items to the extent paid for by
the proceeds of insurance. 
 (b) Repairs, replacements, and general maintenance shall include the cost of any improvements made to or
assets acquired for the Project or Premises that in Landlord’s discretion may reduce any other Operating Expenses, including present or future repair work, are reasonably necessary for the health and safety of the occupants of the Premises or
Project, or for the operation of the Building systems, services and equipment, or are required to comply with any Regulation, such costs or allocable portions thereof to be amortized over the useful life of such improvements as Landlord shall
reasonably determine in accordance with generally accepted accounting principles, together with interest on the unamortized balance at ten percent (10%) per annum, but in no event more than the maximum rate permitted by law. 

(c) Payment under or for any easement, license, permit, operating agreement, declaration, restrictive covenant or instrument relating to
the Premises or Project. 
 (d) All expenses and rental related to services and costs of supplies, materials and equipment used in
operating, managing and maintaining the Premises and Project, the equipment therein and the adjacent sidewalks, driveways, parking and service areas, including, without limitation, expenses related to service agreements regarding security, fire and
other alarm systems, janitorial services, window cleaning, elevator maintenance, Building exterior maintenance, landscaping and expenses related to the administration, management and operation of the Premises or Project, including without limitation
salaries, wages and benefits, management fees and management office rent. However, in no event shall the management fees for the Building (expressed as a percentage of gross receipts for the Building) exceed the prevailing market management fees
(expressed as a percentage of gross receipts), for comparable third party management companies offering comparable management services in office buildings similar to the Building in class, size, age and location. 

  
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 (e) The cost of supplying any services and utilities which benefit all or a portion of the
Premises or Project to the extent not addressed in Section 15 hereof. 
 (f) Legal expenses and the cost of audits by certified
public accountants; provided, however, that legal expenses chargeable as Operating Expenses shall not include the cost of negotiating leases, collecting rents, evicting tenants nor shall it include costs incurred in legal proceedings with or against
any tenant or to enforce the provisions of any lease. 
 Operating Expenses shall not include the following: 

(a) Sums (other than management fees, it being agreed that the management fees included in Expenses are as described in
Section 4.1.2 above) paid to subsidiaries or other affiliates of Landlord for services on or to the Building and/or Premises, but only to the extent that the costs of such services exceed the competitive cost for such services rendered by
unrelated persons or entities of similar skill, competence and experience. 
 (b) Any expenses for which Landlord has received actual
reimbursement (other than through Operating Expenses). 
 (c) Costs in connection with leasing space in the Building, including
brokerage commissions, brochures and marketing supplies, legal fees in negotiating and preparing lease documents. 
 (d) Fines, costs
or penalties incurred as a result and to the extent of a violation by Landlord of any applicable Regulations. 
 (e) Costs incurred by
Landlord for the repair of damage to the Building, to the extent that Landlord is reimbursed for such costs by insurance proceeds, contractor warranties, guarantees, judgments or other third party sources. 

(f) Fines or penalties incurred as a result of violation by Landlord of any applicable Regulations. 

(g) Depreciation; principal and interest payments of mortgage and other non-operating debts of Landlord (except for any interest
expressly included in Operating Expenses pursuant to Section 7(A)(3) above). 
 (h) Executive salaries and other compensation for
personnel above the level of building manager (as such title is commonly understood in the property management industry). 
 (i) All
costs associated with the operation of the business of the entity which constitutes “Landlord” (as distinguished from the costs of operating, maintaining, repairing and managing the Building or Project) including, but not limited to,
Landlord’s or Landlord’s managing agent’s general corporate overhead and general administrative expenses. 
 (j) The
cost (including any amortization thereof) of any capital improvements or capital assets 
 (k) Costs incurred by Landlord for
trustee’s fees, partnership and corporate organizational expenses and legal and accounting fees to the extent relating to Landlord’s general corporate overhead and general administrative expenses. 

(l) Advertising and promotional expenditures. 

(m) Any cost or expense related to removal, cleaning, abatement or remediation of Hazardous Materials in or about the Building or
Project that is not related to the acts or omissions of Tenant or any Tenant Party, including, without limitation, Hazardous Materials in the ground water or soil, except to the extent such removal, cleaning, abatement or remediation is minor and
related to routine general repair and maintenance of the Building or Project. 

  
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 (n) Ground lease rental. 

(o) The initial construction cost of the Building. 

(p) Legal fees, brokerage commissions, recording costs or other similar costs and fees incurred in connection with the financing,
mortgaging or hypothecating any of the Landlord’s interest in the Building or Project. 
 (q) The cost (including any
amortization thereof) of any capital improvements or capital assets (except to the extent expressly included in Operating Expenses pursuant to Section 7.A(3) above). 

The above enumeration of services and facilities shall not be deemed to impose an obligation on Landlord to make available or provide such services or
facilities except to the extent if any that Landlord has specifically agreed elsewhere in this Lease to make the same available or provide the same. Without limiting the generality of the foregoing, Tenant acknowledges and agrees that it shall be
responsible for providing adequate security for its use of the Premises or Project and that Landlord shall have no obligation or liability with respect thereto, except to the extent if any that Landlord has specifically agreed elsewhere in this
Lease to provide the same. 
 B. Payment of Estimated Operating Expenses. “Estimated Operating Expenses” for any particular year shall mean
Landlord’s estimate of the Operating Expenses for such fiscal year made with respect to such fiscal year as hereinafter provided. Landlord shall have the right from time to time to revise its fiscal year and interim accounting periods so long
as the periods as so revised are reconciled with prior periods in a reasonable manner. During the last month of each fiscal year during the Term, or as soon thereafter as practicable, Landlord shall give Tenant written notice of the Estimated
Operating Expenses for the ensuing fiscal year. Tenant shall pay Tenant’s Proportionate Share of the Estimated Operating Expenses with installments of Base Rent for the fiscal year to which the Estimated Operating Expenses applies in monthly
installments on the first day of each calendar month during such year, in advance. Such payment shall be construed to be Additional Rent for all purposes hereunder. If at any time during the course of the fiscal year, Landlord determines that
Operating Expenses are projected to vary from the then Estimated Operating Expenses by more than five percent (5%), Landlord may, by written notice to Tenant, revise the Estimated Operating Expenses for the balance of such fiscal year, and
Tenant’s monthly installments for the remainder of such year shall be adjusted so that by the end of such fiscal year Tenant has paid to Landlord Tenant’s Proportionate Share of the revised Estimated Operating Expenses for such year, such
revised installment amounts to be Additional Rent for all purposes hereunder. 
 C. Computation of Operating Expense Adjustment. “Operating
Expense Adjustment” shall mean the difference between Estimated Operating Expenses and actual Operating Expenses for any fiscal year determined as hereinafter provided. Within one hundred twenty (120) days after the end of each fiscal
year, or as soon thereafter as practicable, Landlord shall deliver to Tenant a statement of actual Operating Expenses for the fiscal year just ended, accompanied by a computation of Operating Expense Adjustment. If such statement shows that
Tenant’s payment based upon Estimated Operating Expenses is less than Tenant’s Proportionate Share of Operating Expenses, then Tenant shall pay to Landlord the difference within twenty (20) days after receipt of such statement, such
payment to constitute Additional Rent for all purposes hereunder. If such statement shows that Tenant’s payments of Estimated Operating Expenses exceed Tenant’s Proportionate Share of Operating Expenses, then (provided that Tenant is not
in default under this Lease) Landlord shall pay to Tenant the difference within twenty (20) days after delivery of such statement to Tenant. If this Lease has been terminated or the Term hereof has expired prior to the date of such statement,
then the Operating Expense Adjustment shall be paid by the appropriate party within twenty (20) days after the date of delivery of the statement. Should this Lease commence or terminate at any time other than the first day of the fiscal year,
Tenant’s Proportionate Share of the Operating Expense Adjustment shall be prorated based on a month of thirty (30) days and the number of calendar months during such fiscal year that this Lease is in effect. Notwithstanding anything to the
contrary contained in Section 7.A or 7.B, Landlord’s failure to provide any notices or statements within the time periods specified in those paragraphs shall in no way excuse Tenant from its obligation to pay Tenant’s Proportionate
Share of Operating Expenses. However, if Landlord fails to furnish Tenant a statement of the actual Operating Expenses for a given calendar year within eighteen (18) months after the end of said calendar year and such failure continues for an
additional thirty (30) days after Landlord’s receipt of a written request from Tenant that such statement of the actual Operating Expenses be furnished, Landlord shall be deemed to have waived any rights to recover any underpayment of
Operating Expenses from Tenant applicable to said calendar year (except to the extent such underpayment is attributable to a default by Tenant in its obligation to make estimated payments of Operating Expenses), and Tenant shall be deemed to have
waived any credit regarding overpayment of Operating Expenses by Tenant; provided that such eighteen (18) month time limit shall not apply to supplemental bills for any real property taxes or assessments. Further, in no event shall the
foregoing provision describing the time period during which Landlord is to deliver the statement of actual costs in any manner limit or 

  
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otherwise prejudice Landlord’s right to modify such statement of actual costs after such time period if new, additional or different information relating to such statement of actual costs is
discovered or otherwise determined and such new, additional or different information was not the result of Landlord’s bad faith. 
 D. Net Lease.
This shall be a triple net Lease and Base Rent shall be paid to Landlord absolutely net of all costs and expenses, except as specifically provided to the contrary in this Lease. The provisions for payment of Operating Expenses and the Operating
Expense Adjustment are intended to pass on to Tenant and reimburse Landlord for all costs and expenses of the nature described in Section 7.A. incurred in connection with the ownership, management, maintenance, repair, preservation, replacement
and operation of the Premises and/or Project, except as otherwise expressly provided in this Lease. 
 E. Tenant Audit. If Tenant shall dispute the
amount set forth in any statement provided by Landlord under Section 7.B. or 7.C. above, Tenant shall have the right, not later than sixty (60) days following receipt of such statement and upon the condition that Tenant shall first deposit
with Landlord the full amount in dispute, to cause Landlord’s books and records with respect to Operating Expenses for such fiscal year to be audited by certified public accountants selected by Tenant and subject to Landlord’s reasonable
right of approval. In no event shall such certified public accountants be paid on a contingency fee basis. The Operating Expense Adjustment shall be appropriately adjusted on the basis of such audit. If Tenant shall not request an audit in
accordance with the provisions of this Section 7.E. within sixty (60) days after receipt of Landlord’s statement provided pursuant to Section 7.B. or 7.C., such statement shall be final and binding for all purposes hereof. Tenant
acknowledges and agrees that any information revealed in the above described audit may contain proprietary and sensitive information and that significant damage could result to Landlord if such information were disclosed to any party other than
Tenant’s auditors. Tenant shall not in any manner disclose, provide or make available any information revealed by the audit to any person or entity other than Tenant’s auditors, accountants and attorneys (provided that any such disclosure
to such parties shall be made on a confidential and need-to-know basis and Tenant shall require that each such parties keep the information strictly confidential) without Landlord’s prior written consent, which consent may be withheld by
Landlord in its sole but good faith discretion. The information disclosed by the audit will be used by Tenant solely for the purpose of evaluating Landlord’s books and records in connection with this Section 7.E. In no event shall Tenant
be permitted to examine Landlord’s records or to dispute any statement of Operating Expenses unless Tenant has paid and continues to pay all Rent when due. Notwithstanding the foregoing, if Landlord and Tenant determine that Operating Expenses
for the year in question were less than stated by more than five percent (5%), Landlord, within thirty (30) days after its receipt of paid invoices therefor from Tenant, shall reimburse Tenant for the reasonable amounts paid by Tenant to third
parties in connection with such review by Tenant in an amount not to exceed $5,000.00. 
 8. INSURANCE AND INDEMNIFICATION 

A. Landlord’s Insurance. All insurance maintained by Landlord shall be for the sole benefit and under the control of Landlord. Landlord agrees to
maintain property insurance insuring the Building against damage or destruction due to risk including fire, vandalism, and malicious mischief in an amount not less than the replacement cost thereof, in form and with deductibles and endorsements as
selected by Landlord. At its election, Landlord may instead (but shall have no obligation to) obtain “All Risk” coverage and liability insurance, and may also obtain earthquake, pollution and/or flood insurance, and loss of rents coverage,
in each case in commercially reasonable amounts selected from time to time by Landlord or such amount as may be required by Landlord’s lender with respect to the Project. Landlord shall not be obligated to insure, and shall have no
responsibility whatsoever for any damage to, any furniture, machinery, goods, inventory or supplies, or other personal property or fixtures which Tenant may keep or maintain in the Premises, or any Alterations (as defined in Section 12.A below)
within the Premises. 
 B. Tenant’s Insurance. Tenant shall procure at Tenant’s sole cost and expense and keep in effect from the date of
this Lease and at all times until the end of the Term the following: 
 (1) Property and Business Interruption Insurance. Insurance on
all of Tenant’s business and trade fixtures, equipment, movable partitions, furniture, merchandise and other personal property within the Premises (collectively, “Tenant’s Property”) and all Alterations made by or for
Tenant to the Premises, on an “All Risk” basis, insuring such property for the full replacement value of such property, and business interruption and extra expense insurance with a limit of liability representing loss of at least twelve
(12) months of income and continuing expense. Landlord and the Landlord Parties shall be named as Loss Payee on coverage as their interests may appear. 

(2) Liability Insurance. Commercial General Liability insurance covering bodily injury (including death) and property damage liability
occurring in or about the Premises or arising out of the use and occupancy of any part of the Premises or the Project, or any areas adjacent thereto, the business operated by Tenant or by any other occupant of the Premises and broad form contractual
liability. Such insurance shall include liquor liability (if alcoholic 

  
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beverages are used at any time at the Premises or Project by Tenant or any Tenant Party), products and completed operations liability coverage, broad form property damage coverage including
completed operations, blanket contractual liability coverage including, to the maximum extent possible coverage for the indemnification obligations of Tenant under this Lease, and personal and advertising injury coverage. Such coverage shall have a
minimum limit of liability of at least $3,000,000 each occurrence for bodily injury and property damage, $3,000,000 each occurrence for personal and advertising injury liability, $5,000,000 annual general aggregate, $1,000,000 products and completed
operations annual aggregate and $100,000 fire damage (damage to rented premises annual aggregate). All such policies shall be endorsed to add Landlord, the Landlord Parties, and any party holding an interest to which this Lease may be subordinated
as an additional insured, and shall provide that such coverage shall be “primary” and non-contributing with any insurance maintained by Landlord. All such insurance shall provide for the severability of interests of insureds, and shall be
written on an “occurrence” basis. 
 (3) Workers’ Compensation and Employers’ Liability Insurance. Workers’
Compensation Insurance as required by any Regulation, and Employers’ Liability Insurance in amounts not less than One Million Dollars ($1,000,000) each accident for bodily injury by accident; One Million Dollars ($1,000,000) policy limit for
bodily injury by disease; and One Million Dollars ($1,000,000) each employee for bodily injury by disease. 
 (4) Commercial Auto
Liability Insurance. Commercial auto liability insurance with a combined limit of not less than One Million Dollars ($1,000,000) for bodily injury and property damage for each accident. Such insurance shall cover liability relating to any auto
(including owned, hired and non-owned autos). 
 (5) Alterations Requirements. In the event Tenant shall desire to perform any
Alterations, Tenant shall deliver to Landlord, prior to commencing such Alterations (i) evidence satisfactory to Landlord that Tenant carries “Builder’s Risk” insurance covering construction of such Alterations in an amount and
form approved by Landlord, and (ii) a lien and completion bond or other security in form and amount (and issued by an issuer) satisfactory to Landlord. 

(6) General Insurance Requirements. All coverages described in this Section 8.B shall be endorsed to (i) provide Landlord with
thirty (30) days’ notice of cancellation or change in terms and ten (10) days prior notice of nonpayment of premium; and (ii) waive all rights of subrogation by the insurance carrier against Landlord and the Landlord Parties. If
at any time during the Term the amount or coverage of insurance which Tenant is required to carry under this Section 8.B is, in Landlord’s reasonable judgment, materially less than the amount or type of insurance coverage typically carried
by owners or tenants of properties located in the general area in which the Premises are located which are similar to and operated for similar purposes as the Premises or if Tenant’s use of the Premises should change with or without
Landlord’s consent, Landlord shall have the right to require Tenant to increase the amount or change the types of insurance coverage required under this Section 8.B. All insurance policies required to be carried by Tenant under this Lease
shall be written by companies rated A-VIII or better in “Best’s Insurance Guide” and authorized to do business in the State of California. In any event deductible amounts under all insurance policies required to be carried by Tenant
under this Lease shall not exceed Ten Thousand Dollars ($10,000.00) per occurrence. Tenant shall deliver to Landlord on or before the Commencement Date, and thereafter at least thirty (30) days before the expiration dates of the expired
policies, certified copies of Tenant’s insurance policies, or a certificate (ACORD form or its equivalent as approved by Landlord) evidencing the same issued by the insurer thereunder; and, if Tenant shall fail to procure such insurance, or to
deliver such policies or certificates, Landlord may, at Landlord’s option and in addition to Landlord’s other remedies in the event of a default by Tenant hereunder, procure the same for the account of Tenant, and the cost thereof (with
interest thereon at the Applicable Interest Rate, as defined in Section 26.E.) shall be paid to Landlord as Additional Rent. 
 C.
Indemnification. Tenant shall indemnify, defend by counsel reasonably acceptable to Landlord, protect and hold Landlord, and each of Landlord’s respective directors, shareholders, partners, lenders, members, managers, property
managers, affiliates, and employees (collectively, the “Landlord Parties”) harmless from and against any and all claims, liabilities, losses, costs, loss of rents, liens, damages, injuries or expenses, including reasonable
attorneys’ and consultants’ fees and court costs, demands, causes of action, or judgments, directly or indirectly arising out of or related to: (1) claims of injury to or death of persons or damage to property or business loss
occurring or resulting directly or indirectly from the use or occupancy of the Building or Project by Tenant or any Tenant Parties, or from activities or failures to act of Tenant or any Tenant Parties; (2) claims arising from work or
labor performed, or for materials or supplies furnished to or at the request of Tenant in connection with performance of any work done for the account of Tenant within the Premises or Project; (3) claims arising from any breach or default on
the part of Tenant in the performance of any covenant contained in this Lease; and (4) claims arising from the negligence or intentional acts or omissions of Tenant or any Tenant Parties. The foregoing indemnity

  
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by Tenant shall not be applicable to claims to the extent arising from the gross negligence or willful misconduct of Landlord or any of its agents or employees. Landlord shall not be liable to
Tenant and Tenant hereby waives all claims against Landlord and the Landlord Parties for any injury to or death of or damage to any person or property or business loss in or about the Premises, Building or Project by or from any cause whatsoever
and, without limiting the generality of the foregoing, whether caused by water leakage of any character from the roof, walls, basement or other portion of the Premises or Project, or caused by gas, fire, oil or electricity in, on or about the
Premises or Project, acts of God or of third parties, or any matter outside of the reasonable control of Landlord. Notwithstanding the foregoing, except as expressly provided in this Lease to the contrary, Tenant does not release and shall not be
required to waive any claims against Landlord (other than for loss or damage to Tenant’s business as provided in Section 20) to the extent such loss or damage is caused by the gross negligence or willful misconduct of Landlord or any of
its agents or employee. Nothing herein shall be construed as to diminish the repair and maintenance obligations of Landlord contained elsewhere in this Lease. The provisions of this Section shall survive the expiration or earlier termination of this
Lease. 
 9. WAIVER OF SUBROGATION 

Landlord and Tenant hereby waive and shall cause their respective insurance carriers to waive any and all rights of recovery, claims, actions
or causes of action against the other for any loss or damage with respect to Tenant’s Property, Alterations, the Building, the Premises, or any contents thereof, including rights, claims, actions and causes of action based on negligence, which
loss or damage is (or would have been, had the insurance required by this Lease been carried) covered by insurance. For the purposes of this waiver, any deductible with respect to a party’s insurance shall be deemed covered by and recoverable
by such party under valid and collectable policies of insurance. 
 10. LANDLORD’S REPAIRS AND MAINTENANCE 

Subject to the provisions of Section 4 (Use), Section 11 (Tenant’s Obligations), Section 23 (Condemnation) and
Section 24 (Casualty Damage), Landlord shall maintain at its cost, subject to inclusion in Operating Expenses to the extent provided in Section 7 (a) structural elements of the Building; (b) the base Building mechanical,
electrical, plumbing and fire/life safety systems serving the Building in general; (c) the Exterior Areas including the parking lots, driveways, walkways and landscaped areas; (d) the roof of the Building; (e) exterior windows of the
Building; and (f) elevators serving the Building, if any. Any damage caused by or repairs necessitated by any negligence or act of Tenant or any Tenant Party may be repaired by Landlord at Landlord’s option and Tenant’s expense.
Landlord’s liability with respect to any defects, repairs, or maintenance for which Landlord is responsible under any of the provisions of this Lease shall be limited to the cost of such repairs or maintenance, and there shall be no abatement
of Rent and no liability of Landlord by reason of any injury to or interference with Tenant’s business arising from the making of repairs, alterations or improvements in or to any portion of the Premises or the Exterior Areas or to fixtures,
appurtenances or equipment in the Building or the Exterior Areas, except as provided in Section 24. Tenant hereby waives any and all rights under and benefits of subsection 1 of Section 1932, and Sections 1941 and 1942 of the California
Civil Code, or any similar or successor Regulations now or hereinafter in effect. 
 11. TENANT’S REPAIRS AND MAINTENANCE 

Tenant shall periodically inspect the Premises to identify any conditions that are dangerous or in need of maintenance or repair and shall
promptly provide Landlord with notice of any such conditions. Tenant shall, at its sole cost and expense, promptly perform all maintenance and repairs to the Premises that are not Landlord’s express responsibility under Section 10, and
shall keep the Premises, including without limitation, all glass, windows, doors, door locks, and signs in or about the Premises, in good condition and repair, reasonable wear and tear excepted. If Tenant fails to make any repairs to the Premises
for more than fifteen (15) days after notice from Landlord (although notice shall not be required in an emergency), Landlord may make the repairs, and Tenant shall pay the reasonable cost of the repairs, together with an administrative charge
in an amount equal to five percent (5%) of the cost of the repairs. 
 12. ALTERATIONS 

A. Except in the case of Cosmetic Alterations (defined below), Tenant shall not make, or allow to be made, any alterations, physical additions,
improvements or partitions, including without limitation the attachment of any fixtures or equipment, in, about or to the Premises (“Alterations”) without obtaining the prior written consent of Landlord, which consent shall not be
unreasonably withheld with respect to proposed Alterations which: (a) comply with all applicable Regulations; and (b) are, in Landlord’s commercially reasonable opinion, compatible with the Building and its mechanical, plumbing,
electrical, heating/ventilation/air conditioning systems, and will not cause the Building or such systems to be required to be modified to comply with any Regulations (including, without limitation, the Americans With Disabilities Act).
Specifically, but without limiting the generality of the foregoing, Landlord shall have the right of written consent for all plans 

  
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and specifications for the proposed Alterations, construction means and methods, all appropriate permits and licenses, any contractor or subcontractor to be employed on the work of Alterations,
and may impose rules and regulations for contractors and subcontractors performing such work. Tenant shall also supply to Landlord any documents and information reasonably requested by Landlord in connection with Landlord’s consideration of a
request for approval hereunder. Tenant shall cause all Alterations to be accomplished in a first-class, good and workmanlike manner, and to comply with all applicable Regulations and Section 27 hereof. Tenant shall at Tenant’s sole
expense, perform any additional work required under applicable Regulations due to the Alterations hereunder. No review or consent by Landlord of or to any proposed Alteration or additional work shall constitute a waiver of Tenant’s obligations
under this Section 12. Tenant shall reimburse Landlord for all costs which Landlord may incur in electing to have outside architects and engineers review said plans and specifications, and shall pay Landlord for any out-of-pocket construction
management fees incurred by Landlord in an amount not to exceed two and one-half percent (2.5%) of the cost of the Alterations (provided that no construction management fee shall be payable with respect to a Cosmetic Alteration, as defined
below), which amounts shall constitute Additional Rent hereunder. All such Alterations shall remain the property of Tenant until the expiration or earlier termination of this Lease, at which time they shall be and become the property of Landlord;
provided, however, that subject to Section 12.C below, Landlord may, at Landlord’s option, require that Tenant, at Tenant’s expense, remove any or all Alterations made by Tenant and restore the Premises by the expiration or earlier
termination of this Lease, to their condition existing prior to the construction of any such Alterations. All such removals and restoration shall be accomplished in a first-class and good and workmanlike manner so as not to cause any damage to the
Premises or Project whatsoever. If Tenant fails to remove such Alterations or Tenant’s trade fixtures or furniture or other personal property, Landlord may keep and use them or remove any of them and cause them to be stored or sold in
accordance with applicable law, at Tenant’s sole expense. In addition to and wholly apart from Tenant’s obligation to pay Tenant’s Proportionate Share of Operating Expenses, Tenant shall be responsible for and shall pay prior to
delinquency any taxes or governmental service fees, possessory interest taxes, fees or charges in lieu of any such taxes, capital levies, or other charges imposed upon, levied with respect to or assessed against its fixtures or personal property, on
the value of Alterations within the Premises, and on Tenant’s interest pursuant to this Lease, or any increase in any of the foregoing based on such Alterations. To the extent that any such taxes are not separately assessed or billed to Tenant,
Tenant shall pay the amount thereof as invoiced to Tenant by Landlord. Notwithstanding anything to the contrary set forth herein, Tenant shall have the right to perform, with prior written notice to but without Landlord’s consent, any
Alteration that satisfies all of the following criteria (each, a “Cosmetic Alteration”): (i) is of a cosmetic nature such as painting, wallpapering, hanging pictures and installing carpeting; (ii) is not visible from the
exterior of the Building; (iii) will not affect the mechanical, plumbing, electrical, HVAC or life-safety systems or structure of the Building; (iv) costs less than $100,000 in the aggregate during any twelve (12) month period of the
Term of this Lease; and (v) does not require work to be performed inside the walls or above the ceiling of the Premises. However, even though consent is not required, the performance of Cosmetic Alterations shall be subject to all of the other
provisions of this Section 12. 
 B. In compliance with Section 27 hereof, at least ten (10) business days before beginning
construction of any Alteration, Tenant shall give Landlord written notice of the expected commencement date of that construction to permit Landlord to post and record a notice of non-responsibility. Upon substantial completion of construction, if
the law so provides, Tenant shall cause a timely notice of completion to be recorded in the office of the recorder of the county in which the Building is located. 

C. Notwithstanding anything to the contrary contained herein, so long as Tenant’s written request for consent for a proposed Alteration contains a
statement stating substantially the following: “Pursuant to Section 12.C of the Lease, if Landlord consents to the subject alteration, Landlord shall notify Tenant in writing whether or not Landlord will require such Alteration to be
removed at the expiration or earlier termination of the Lease.”, at the time Landlord gives its consent for any Alterations, if it so does, Tenant shall also be notified whether or not Landlord will require that such Alterations be removed upon
the expiration or earlier termination of this Lease. If Tenant’s written notice complies with the foregoing requirement and if Landlord fails to so notify Tenant whether Tenant shall be required to remove the subject Alterations at the
expiration or earlier termination of this Lease, it shall be assumed that Landlord shall require the removal of the subject Alterations. However, notwithstanding the foregoing, if Tenant’s first written complies with the terms of this
Section and if Landlord fails to notify Tenant within ten (10) days of Landlord’s receipt of such notice whether Tenant shall be required to remove the subject Alteration at the expiration or earlier termination of this Lease, Tenant may,
within five (5) business days following the expiration of the ten (10) day period described above, provide to Landlord a second written notice (the “Second Notice”) in compliance with the foregoing requirements
but also stating substantially the following in large, bold and capped font: “THIS IS TENANT’S SECOND NOTICE TO LANDLORD. LANDLORD FAILED TO RESPOND TO TENANT’S FIRST NOTICE IN ACCORDANCE WITH THE TERMS OF SECTION 12.C OF THE
LEASE. IF LANDLORD FAILS TO RESPOND TO THIS NOTICE IN FIVE (5) DAYS WITH RESPECT TO TENANT’S OBLIGATION TO REMOVE THE SUBJECT ALTERATION, TENANT SHALL HAVE NO OBLIGATION TO REMOVE THE SUBJECT ALTERATION AT THE EXPIRATION OR EARLIER
TERMINATION OF THE LEASE”. If (i)

  
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Tenant’s Second Notice complies with the terms of this Section, and (b) Landlord fails to notify Tenant within ten (10) days of Landlord’s receipt of such Second Notice, it
shall be assumed that Landlord shall not require the removal of the subject Alteration at the expiration or earlier termination of this Lease other than any data and telecommunications cabling which shall be removed by Tenant in all events in
accordance with this Lease. Tenant shall have no obligation to remove any of the Tenant Improvements described on the Space Plans attached as Schedule 1 to Exhibit C hereto as of the date of this Lease, provided however, that Tenant
shall be required to remove all data and telecommunications cabling installed by or on behalf of Tenant and the Generator and Tank (as defined in Section 39.G), which work shall be performed in accordance with this Section 12. 

13. SIGNS 
 Except as
provided in Section 39 below, Tenant shall not place, install, affix, paint or maintain any signs, notices, graphics or banners whatsoever or any window decor which is visible in or from public view or corridors, the common areas or the
exterior of the Premises or the Building, in or on any exterior window or window fronting upon any common areas or service area or upon any truck doors or man doors without Landlord’s prior written approval which approval shall not be
unreasonably withheld, conditioned or delayed as to any signs that are not visible from the exterior of the Building or required by Regulations; provided that Tenant’s name shall be included in any Building-standard door and directory signage,
if any. Any installation of signs, notices, graphics or banners on or about the Premises or Project approved by Landlord shall be subject to any Regulations and to any other requirements reasonably imposed by Landlord. Tenant shall remove all such
signs or graphics by the expiration or any earlier termination of this Lease. Such installations and removals shall be made in such manner as to avoid injury to or defacement of the Premises or Project and any other improvements contained therein,
and Tenant shall repair any injury or defacement including without limitation discoloration caused by such installation or removal. 
 14.
INSPECTION/POSTING NOTICES 
 After reasonable notice (of no less than one (1) business day), except in emergencies where no such
notice shall be required, Landlord and Landlord’s agents and representatives, shall have the right to enter the Premises to inspect the same, to clean, to perform such work as may be permitted or required hereunder, to make repairs,
improvements or alterations to the Premises (subject to the terms of this Lease) or Project to deal with emergencies, to post such notices as may be permitted or required by law to prevent the perfection of liens against Landlord’s interest in
the Building or to exhibit the Premises to prospective tenants (provided that unless otherwise agreed to by Tenant, Landlord shall only show the Premises to prospective tenants during the last twelve (12) months of the Term or during an uncured
Event of Default), purchasers, encumbrancers or to others, or for any other purpose as Landlord may deem necessary or desirable; provided, however, that Landlord shall use reasonable efforts not to unreasonably interfere with Tenant’s business
operations. Tenant shall not be entitled to any abatement of Rent by reason of the exercise of any such right of entry. Landlord shall at all times have and retain a key with which to unlock all of the doors in, upon and about the Premises,
excluding Tenant’s vaults and safes or special security areas (designated in advance), and Landlord shall have the right to use any and all means which Landlord may deem necessary or proper to open said doors in an emergency, in order to obtain
entry to any portion of the Premises, and any entry to the Premises or portions thereof obtained by Landlord pursuant to this Section, shall not be construed to be a forcible or unlawful entry into, or a detainer of, the Premises, or an eviction,
actual or constructive, of Tenant from the Premises or any portions thereof. At any time within six (6) months prior to the expiration of the Term or following any earlier termination of this Lease or agreement to terminate this Lease, Landlord
shall have the right to erect on the Premises, Building and/or Project a suitable sign indicating that the Premises are available for lease. 

15. SERVICES AND UTILITIES 
 A.
General. Tenant shall (where practicable) contract for and pay directly when due, for all water, gas, heat, air conditioning, light, power, telephone, sewer, sprinkler system charges, cleaning and janitorial services (Landlord shall have no
obligation to provide janitorial service or cleaning for the Building), waste disposal and other utilities and services used on or from the Premises, together with any taxes, penalties, and surcharges or the like pertaining thereto and any
maintenance charges for utilities. Tenant shall furnish all electric light bulbs, tubes and ballasts, battery packs for emergency lighting and fire extinguishers. Any such charges paid by Landlord (if any) and assessed against Tenant shall be
payable to Landlord on demand and shall be Additional Rent hereunder. Tenant will not, without the written consent of Landlord, contract with a utility provider to service the Premises with any utility, including, but not limited to,
telecommunications, electricity, water, sewer or gas, which is not previously providing such service to the Building. Landlord shall in no event be liable for any interruption or failure of utility services on or to the Premises. 

  
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 B. Disclosure of Information Relating to Energy Use. Tenant acknowledges that effective as of
January 1, 2014, Landlord is required to comply with the requirements of California’s Nonresidential Building Energy Use Disclosure Program, as more particularly specified in California Public Resources Code Section 25402.10 and
regulations adopted pursuant thereto, which requires owners of nonresidential buildings in California to participate in the U.S. Environmental Protection Agency’s ENERGY STAR® Portfolio
Manager, a rating system for the energy use of such buildings, and to disclose the specified benchmarking data and ratings for the most recent 12-month period for each such building in connection with any transaction by which the building is sold,
financed or leased in its entirety. All such disclosures, whether made pursuant to the statutes and ordinances listed above or other Legal Requirements now existing or hereafter adopted, are collectively referred to herein as “Required
Energy Disclosures”. 
 (1) Tenant acknowledges having received the Required Energy Disclosure for the Building. Tenant
acknowledges that the benchmarking data and ratings contained in the Required Energy Disclosure were compiled from data that reflect the energy used during the prior when the Building was vacant and prior to the Landlord’s performance of
certain modifications and replacements to the Building’s HVAC and certain other systems, and accordingly are not be comparable to Tenant’s contemplated use. No representation or warranty is made by Landlord that Tenant’s use of energy
will be similar or comparable to that provided in the Required Energy Disclosure. Tenant further acknowledges that future Required Energy Disclosures will be based, in whole or in part, on Tenant’s energy usage within the Building, records of
which are required to be maintained by electric and gas utilities companies, and Tenant hereby authorizes (and agrees that Landlord shall have the authority to authorize) any electric or gas utility company providing service to the Building to
disclose such energy consumption data as may be necessary for the Building to participate in such programs and comply with such Regulations. 

(2) To allow for compliance with building performance benchmarking and disclosure Regulations, and to facilitate implementation of
sustainable improvements to the Building, Tenant shall: (a) retain copies of its “utility data”, which includes, but is not limited to, Tenant’s utility bills and invoices pertaining to Tenant’s energy, water, and trash
usage at the Building during the Term (as the same may be further extended), and (b) within five (5) business days of Landlord’s request, provide Landlord with copies of such “utility data”. Tenant further agrees, within
five (5) business days of Landlord’s request, to execute utility release forms provided by the applicable utility or municipality to expedite the data collection process. 

(3) Tenant further authorizes Landlord to disclose information concerning Tenant’s energy usage (including data relating to carbon
dioxide emissions associated with the operation of the Building) in connection with any Required Energy Disclosures, whenever Landlord determines, in good faith, that such disclosure is required by Regulation, and acknowledges that Landlord shall
not be required to notify Tenant of the making of Required Energy Disclosures. Tenants release pursuant to Section 8.C shall apply to any Required Energy Disclosures by Landlord or any Landlord Parties hereunder. 

(4) Tenant further acknowledges that, under certain Regulations, “owners” and/or “operators” of the Building may be
required to perform, from time to time, and disclose the results of, ASHRAE Level 1 or Level 2 energy audits of the Building, and Tenant agrees to comply with any such requirement, at its expense, that may apply from time to time during the Term, as
the same may be further extended. 
 16. SUBORDINATION 

Without the necessity of any additional document being executed by Tenant for the purpose of effecting a subordination, this Lease shall be
and is hereby declared to be subject and subordinate at all times to: (a) all ground leases or underlying leases which may now exist or hereafter be executed affecting the Premises and/or the land upon which the Premises and Project are
situated, or both; and (b) any mortgage or deed of trust which may now exist or be placed upon the Building, the Project and/or the land upon which the Premises or the Project are situated, or said ground leases or underlying leases, or
Landlord’s interest or estate in any of said items which is specified as security. Notwithstanding the foregoing, Landlord shall have the right to subordinate or cause to be subordinated any such ground leases or underlying leases or any such
liens to this Lease. If any ground lease or underlying lease terminates for any reason or any mortgage or deed of trust is foreclosed or a conveyance in lieu of foreclosure is made for any reason, Tenant shall, notwithstanding any subordination,
attorn to and become the Tenant of the successor in interest to Landlord. Within ten (10) days after request by Landlord, Tenant shall execute and deliver any additional documents evidencing Tenant’s attornment or the subordination of this
Lease with respect to any such ground leases or underlying leases or any such mortgage or deed of trust, in the form requested by Landlord or by any ground landlord, mortgagee, or beneficiary under a deed of trust, subject to such
nondisturbance requirement. 

  
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Notwithstanding the foregoing, upon written request by Tenant, Landlord will use reasonable efforts to obtain a commercially reasonable non-disturbance, subordination and attornment agreement
from Landlord’s then current mortgagee on such mortgagee’s then current commercially reasonable standard form of agreement. “Reasonable efforts” of Landlord shall not require Landlord to incur any cost, expense or liability to
obtain such agreement, it being agreed that Tenant shall be responsible for any fee or review costs charged by such mortgagee. Landlord’s failure to obtain a non-disturbance, subordination and attornment agreement for Tenant shall have no
effect on the rights, obligations and liabilities of Landlord and Tenant or be considered to be a default by Landlord hereunder. Landlord represents that as of the date of this Lease, there exists no mortgage or deed of trust encumbering
Landlord’s interest in the Building or Project. 
 17. FINANCIAL STATEMENTS 

At the request of Landlord from time to time, Tenant shall provide to Landlord Tenant’s current financial statements or other information
discussing financial worth of Tenant, which Landlord shall use solely for purposes of this Lease and in connection with the ownership, management, financing and disposition of the Project. At Tenant’s request, Landlord shall enter into
Landlord’s standard, commercially reasonable form of confidentiality agreement covering confidential financial information provided by Tenant to Landlord. Notwithstanding anything to the contrary set forth herein, so long as Tenant is a
publicly traded company on an “over-the-counter” market or any recognized national or international securities exchange, the foregoing shall not apply so long as Tenant’s current public annual report (in compliance with applicable
securities laws) for such applicable year is available to Landlord in the public domain. 
 18. ESTOPPEL CERTIFICATE 

Tenant agrees from time to time, within ten (10) days after request of Landlord, to deliver to Landlord, or Landlord’s designee, an
estoppel certificate stating that this Lease is in full force and effect, that this Lease has not been modified (or stating all modifications, written or oral, to this Lease), the date to which Rent has been paid, the unexpired portion of this
Lease, that there are no current defaults by Landlord or Tenant under this Lease (or specifying any such defaults), that the leasehold estate granted by this Lease is the sole interest of Tenant in the Premises and/or the land at which the Premises
are situated, and such other matters pertaining to this Lease as may be reasonably requested by Landlord or any mortgagee, beneficiary, purchaser or prospective purchaser of the Premises or Project or any interest therein. Failure by Tenant to
execute and deliver such certificate shall constitute an acceptance of the Premises and acknowledgment by Tenant that the statements included are true and correct without exception. Tenant agrees that if Tenant fails to execute and deliver such
certificate within such ten (10) day period, Landlord may provide to Tenant a second written request with respect to such estoppel certificate, and if Tenant fails to execute and deliver such certificate within a five (5) day period
following the date of Landlord’s second written request therefor, Landlord may execute and deliver such certificate on Tenant’s behalf and that such certificate shall be binding on Tenant. Landlord and Tenant intend that any statement
delivered pursuant to this Section may be relied upon by any mortgagee, beneficiary, purchaser or prospective purchaser of the Premises or Project or any interest therein. The parties agree that Tenant’s obligation to furnish such estoppel
certificates in a timely fashion is a material inducement for Landlord’s execution of this Lease, and shall be an event of default (without any cure period that might be provided under Section 26.A(3) of this Lease) if Tenant fails to
fully comply or makes any material misstatement in any such certificate. 
 19. SECURITY DEPOSIT 

Tenant agrees to deposit with Landlord upon execution of this Lease, a security deposit as stated in the Basic Lease Information (the
“Security Deposit”), if any, which sum shall be held and owned by Landlord, without obligation to pay interest, as security for the performance of Tenant’s covenants and obligations under this Lease. The Security Deposit is not
an advance rental deposit or a measure of damages incurred by Landlord in case of Tenant’s default. Upon the occurrence of any event of default by Tenant, Landlord may from time to time, without prejudice to any other remedy provided herein or
by law, use such fund as a credit to the extent necessary to credit against any arrears of Rent or other payments due to Landlord hereunder, and any other damage, injury, expense or liability caused by such event of default, and Tenant shall pay to
Landlord, on demand, the amount so applied in order to restore the Security Deposit to its original amount. Although the Security Deposit shall be deemed the property of Landlord, any remaining balance of such deposit shall be returned by Landlord
to Tenant within thirty (30) days after the later of (a) termination of this Lease and (b) the date that that Tenant vacates and surrenders the Premises to Landlord in accordance with the terms of this Lease, reduced by such amounts
as may be required by Landlord to remedy defaults on the part of Tenant in the payment of Rent or other obligations of Tenant under this Lease, to repair damage to the Premises or Project caused by Tenant or any Tenant Parties and to clean the
Premises. Landlord is hereby granted a security interest in the Security Deposit in accordance with applicable provisions of the California Commercial Code. Landlord may use and commingle the Security Deposit with other funds of Landlord. Tenant
hereby waives the provisions of Section 1950.7 of the California Civil Code, and all other provisions of any Regulations, now or hereinafter in force, which restricts the amount or types of claim that a landlord may make upon a security deposit
or imposes upon a landlord (or its successors) any obligation with respect to the handling or return of security deposits. 

  
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 20. LIMITATION OF TENANT’S REMEDIES 

The obligations and liability of Landlord to Tenant for any default by Landlord under the terms of this Lease are not personal obligations of
Landlord or of the individual or other partners of Landlord or its or their partners, directors, officers, or shareholders, and Tenant agrees to look solely to Landlord’s interest in the Premises for the recovery of any amount from Landlord,
and shall not look to other assets of Landlord nor seek recourse against the assets of the individual or other partners of Landlord or its or their partners, directors, officers or shareholders. Any lien obtained to enforce any such judgment and any
levy of execution thereon shall be subject and subordinate to any lien, mortgage or deed of trust on the Building. Under no circumstances shall Tenant have the right to offset against or recoup Rent or other payments due and to become due to
Landlord hereunder except as expressly provided in this Lease, which Rent and other payments shall be absolutely due and payable hereunder in accordance with the terms hereof. In no case shall Landlord be liable to Tenant for any lost profits,
damage to business, or any form of special, indirect or consequential damage on account of any breach of this Lease or otherwise, notwithstanding anything to the contrary contained in this Lease. 

21. ASSIGNMENT AND SUBLETTING 
  

	A.	(1) General. Except in the case of a Permitted Transfer, Tenant shall not assign or pledge this Lease or sublet the Premises or any part thereof, whether voluntarily or by operation of law, or permit the use or
occupancy of the Premises or any part thereof by anyone other than Tenant, or suffer or permit any such assignment, pledge, subleasing or occupancy, without Landlord’s prior written consent except as provided herein. If Tenant desires to assign
this Lease or sublet any or all of the Premises, Tenant shall give Landlord written notice (the “Transfer Notice”) at least thirty (30) days prior to the anticipated effective date of the proposed assignment or sublease, which
shall contain all of the information reasonably requested by Landlord to address Landlord’s decision criteria specified hereinafter. Landlord shall then have a period of ten (10) business days following receipt of the Transfer Notice to
notify Tenant in writing that Landlord elects either: (i) to terminate this Lease as to the space so affected as of the date so requested by Tenant; or (ii) to consent to the proposed assignment or sublease. Notwithstanding the above,
Tenant, within five (5) days after receipt of Landlord’s notice of intent to terminate pursuant to this Section, may withdraw its request for consent to the proposed assignment or sublease and in such event, Landlord’s exercise of
option (i) above pursuant to this Section shall be null and void and of no force and effect. If Landlord should fail to notify Tenant in writing of such election within said period, Landlord shall be deemed to have waived option (i) above,
but written consent by Landlord of the proposed assignee or subtenant shall still be required. If Landlord does not exercise option (i) above, Landlord’s consent to a proposed assignment or sublease shall not be unreasonably withheld,
conditioned or delayed. Consent to any assignment or subletting shall not constitute consent to any subsequent transaction to which this Section 21 applies. Tenant hereby waives the provisions of Section 1995.310 of the California Civil
Code, or any similar or successor Regulations, now or hereinafter in effect, and all other remedies, including, without limitation, any right at law or equity to terminate this Lease, on its own behalf and, to the extent permitted under all
applicable Regulations, on behalf of the proposed assignee or subtenant. 

 (2) Conditions of Landlord’s Consent.
Without limiting the other instances in which it may be reasonable for Landlord to withhold Landlord’s consent to an assignment or subletting, Landlord and Tenant acknowledge that it shall be reasonable for Landlord to withhold Landlord’s
consent in the following instances: if the proposed assignee does not agree to be bound by and assume the obligations of Tenant under this Lease in form and substance reasonably satisfactory to Landlord; the use of the Premises by such proposed
assignee or subtenant would not be a Permitted Use or would violate any Regulation; the proposed assignee or subtenant is not of sound financial condition as determined by Landlord in Landlord’s reasonable discretion; the proposed assignee or
subtenant is a governmental agency; the proposed assignee or subtenant does not have a good reputation as a tenant of property or a good business reputation; the assignment or subletting would entail any Alterations which would lessen the value of
the leasehold improvements in the Premises or use of any Hazardous Materials or other noxious use; or Tenant is in default of any obligation of Tenant under this Lease beyond any applicable notice and cure period as of the date that Tenant shall
request consent. Failure by or refusal of Landlord to consent to a proposed assignee or subtenant shall not cause a termination of this Lease. Upon a termination under Section 21.A(1)(i), Landlord may lease the Premises to any party, including
parties with whom Tenant has negotiated an assignment or sublease, without incurring any liability to Tenant. At the option of Landlord, a surrender and termination of this Lease shall operate as an assignment to Landlord of some or all subleases or
subtenancies. Landlord shall exercise this option by giving notice of that assignment to such subtenants on or before the effective date of the surrender and termination. In 

  
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connection with each request for assignment or subletting, Tenant shall pay to Landlord Landlord’s standard fee for approving such requests, as well as all costs incurred by Landlord or any
mortgagee or ground lessor in approving each such request for consent to transfer, including, without limitation, reasonable attorneys’ fees. 
 B.
Bonus Rent. Except in the case of a Permitted Transfer, any Rent or other consideration received by Tenant under any such sublease or assignment in excess of the Rent payable hereunder, after amortization of a reasonable costs for brokerage
commission, legal fees, tenant improvements and Landlord’s review fees incurred by Tenant in connection with such sublease or assignment, shall be divided and paid, fifty percent (50%) to Tenant, fifty percent (50%) to Landlord. 

C. Corporation. Subject to Section 21.F, if Tenant is a corporation, a transfer of corporate shares by sale, assignment, bequest, inheritance,
operation of law or other disposition (including such a transfer to or by a receiver or trustee in federal or state bankruptcy, insolvency or other proceedings) resulting in a change in the present control of such corporation or any of its parent
corporations by the person or persons owning a majority of said corporate shares, shall constitute an assignment for purposes of this Lease. The provisions of this Section shall not apply so long as Tenant is an entity whose outstanding stock is
listed on a recognized security exchange, or if at least eighty percent (80%) of its voting stock is owned by another entity, the voting stock of which is so listed. In addition, if Tenant is a corporation, so long as Tenant is publicly traded
on a major over-the-counter stock exchange, the ordinary transfer of shares over the counter shall be deemed not to be an assignment for purposes of this Section. The terms of this Section and Section 21.D below shall also not apply to the
infusion of additional equity capital in Tenant or an initial public offering of equity securities of Tenant under the Securities Act of 1933, as amended, which results in Tenant’s stock being traded on a national securities exchange,
including, but not limited to, the NYSE, the NASDAQ Stock Market or the NASDAQ Small Cap Market System. 
 D. Unincorporated Entity. Subject to
Section 21.F, if Tenant is a partnership, joint venture, unincorporated limited liability company or other unincorporated business form, a transfer of the interest of persons, firms or entities responsible for managerial control of Tenant by
sale, assignment, bequest, inheritance, operation of law or other disposition, so as to result in a change in the present control of said entity and/or of the underlying beneficial interests of said entity and/or a change in the identity of the
persons responsible for the general credit obligations of said entity shall constitute an assignment for all purposes of this Lease. 
 E. Liability.
No assignment or subletting by Tenant, permitted or otherwise, shall relieve Tenant of any obligation under this Lease or any guarantor of this Lease of any liability under its guaranty or alter the primary liability of the Tenant named herein for
the payment of Rent or for the performance of any other obligations to be performed by Tenant, including obligations contained in Section 25 with respect to any assignee or subtenant. Landlord may collect rent or other amounts or any portion
thereof from any assignee, subtenant, or other occupant of the Premises, permitted or otherwise, and apply the net rent collected to the Rent payable hereunder, but no such collection shall be deemed to be a waiver of this Section 21, or the
acceptance of the assignee, subtenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of the obligations of Tenant under this Lease or any guarantor of this Lease of any liability under its guaranty. Any
purported assignment or other transfer of this Lease or subletting which does not comply with the provisions of this Section 21 shall be void. 
 F.
Permitted Transfers. So long as Tenant is not entering into the Permitted Transfer (as defined below) for the purpose of avoiding or otherwise circumventing the remaining terms of this Section 21, Tenant may sublease all or a portion of the
Premises or assign its entire interest under this Lease, without the consent of Landlord, to (a) an affiliate, subsidiary, or parent of Tenant, or a corporation, partnership or other legal entity wholly owned by Tenant (collectively, an
“Affiliated Party”), or (b) a successor to Tenant by purchase, stock sales, merger, consolidation or reorganization, provided that all of the following conditions are satisfied (each such transfer a “Permitted
Transfer” and any such assignee or sublessee of a Permitted Transfer, a “Permitted Transferee”): (i) Tenant is not in default under this Lease beyond any applicable notice and cure period; (ii) the Permitted Use
does not allow the Premises to be used for retail purposes; (iii) Tenant shall give Landlord written notice within thirty (30) days after the effective date of the proposed purchase, merger, consolidation or reorganization); (iv) with
respect to a proposed Permitted Transfer to an Affiliated Party, Tenant continues to have a net worth equal to or greater than Tenant’s net worth at the date of this Lease; and (v) with respect to a purchase, merger, consolidation or
reorganization or any Permitted Transfer which results in Tenant ceasing to exist as a separate legal entity, (A) Tenant’s successor shall own all or substantially all of the assets of Tenant, and (B) Tenant’s successor shall
have a net worth which is at least equal to the greater of Tenant’s net worth at the date of this Lease or Tenant’s net worth as of the day prior to the proposed purchase, merger, consolidation or reorganization. If requested by Landlord,
Tenant shall provide information and documentation showing that each of the above conditions has been satisfied. If requested by Landlord, Tenant’s successor shall sign a commercially reasonable form of assumption agreement. As used herein,
(1) “parent” shall mean a company which owns a majority of Tenant’s voting equity; (2) “subsidiary” shall mean an entity wholly owned by 

  
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Tenant or at least fifty-one percent (51%) of whose voting equity is owned by Tenant; and (3) “affiliate” shall mean an entity controlled, controlling or under common
control with Tenant. Notwithstanding anything to the contrary set forth herein, Landlord shall not have the right to terminate this Lease or recapture any portion of the Premises pursuant to Section 21.A(1) in the event of a Permitted Transfer.

 22. AUTHORITY 

Landlord represents and warrants that it has full right and authority to enter into this Lease and to perform all of Landlord’s
obligations hereunder and that all persons signing this Lease on its behalf are authorized to do. Tenant and the person or persons, if any, signing on behalf of Tenant, jointly and severally represent and warrant that Tenant has full right and
authority to enter into this Lease, and to perform all of Tenant’s obligations hereunder, and that all persons signing this Lease on its behalf are authorized to do so. 

23. CONDEMNATION 
 A. Condemnation
Resulting in Termination. If the whole or any substantial part of the Premises should be taken or condemned for any public use under any Regulation, or by right of eminent domain, or by private purchase in lieu thereof, and the taking would
prevent or materially interfere with the Permitted Use of the Premises, either party shall have the right to terminate this Lease at its option and in such events, the Rent shall be abated during the unexpired portion of this Lease, effective when
the physical taking of said Premises shall have occurred. 
 B. Condemnation Not Resulting in Termination. If a portion of the Premises should be
taken or condemned for any public use under any Regulation, or by right of eminent domain, or by private purchase in lieu thereof, and the taking prevents or materially interferes with the Permitted Use of the Premises, and this Lease is not
terminated as provided in Section 23.A. above, the Rent payable hereunder during the unexpired portion of this Lease shall be reduced, beginning on the date when the physical taking shall have occurred, to such amount as may be fair and
reasonable under all of the circumstances, but only after giving Landlord credit for all sums received or to be received by Tenant by the condemning authority. Notwithstanding anything to the contrary contained in this Section, if the temporary use
or occupancy of any part of the Premises shall be taken or appropriated under power of eminent domain during the Term, this Lease shall be and remain unaffected by such taking or appropriation and Tenant shall continue to pay in full all Rent
payable hereunder by Tenant during the Term; in the event of any such temporary appropriation or taking, Tenant shall be entitled to receive that portion of any award which represents compensation for the use of or occupancy of the Premises during
the Term. 
 C. Award. Landlord shall be entitled to (and Tenant shall assign to Landlord) any and all payment, income, rent, award or any interest
therein whatsoever which may be paid or made in connection with such taking or conveyance and Tenant shall have no claim against Landlord or otherwise for any sums paid by virtue of such proceedings, whether or not attributable to the value of any
unexpired portion of this Lease, except as expressly provided in this Lease. Notwithstanding the foregoing, any compensation specifically and separately awarded Tenant for Tenant’s personal property and moving costs, shall be and remain the
property of Tenant. 
 D. Waiver. Each party waives the provisions of California Civil Code Procedure Section 1265.130 allowing either party to
petition the superior court to terminate this Lease as a result of a partial taking. 
 24. CASUALTY DAMAGE 

A. General. If the Premises or Building should be damaged or destroyed by fire, tornado, or other casualty (collectively, “Casualty”),
Tenant shall give immediate written notice thereof to Landlord. Within thirty (30) days after Landlord’s receipt of such notice, Landlord shall notify Tenant whether in Landlord’s estimation material restoration of the Premises can
reasonably be made within two hundred seventy (270) days from the date of such Casualty (the “Completion Estimate”). Landlord’s reasonable determination shall be binding on Tenant. 

B. Within 270 Days. If the Premises or Building should be damaged by Casualty to such extent that material restoration can in Landlord’s estimation
be reasonably completed within two hundred seventy (270) days after the date of the Casualty, this Lease shall not terminate. Provided that insurance proceeds are received by Landlord to fully repair the damage, Landlord shall proceed to
rebuild and repair the Premises diligently and in the manner determined by Landlord, except that Landlord shall not be required to rebuild, repair or replace any part of any Alterations which may have been placed on or about the Premises or paid for
by Tenant. If the Premises are untenantable in whole or in part following such damage, the Rent payable hereunder during the period in which they are untenantable shall be abated proportionately during the time and to the extent the Premises are
unfit for occupancy for the purposes permitted under this Lease, and are not 

  
 16 

 
occupied by Tenant as a result thereof. Notwithstanding the foregoing, if Tenant was entitled to but elected not to exercise its right to terminate the Lease and Landlord does not substantially
complete the repair and restoration of the portions of the Premises that are Landlord’s responsibility to restore pursuant to this Section within one hundred twenty (120) days after the expiration of the estimated period of time set forth
in the Completion Estimate, which period shall be extended to the extent of any Reconstruction Delays (defined below), then Tenant may terminate this Lease by written notice to Landlord within twenty (20) days after the expiration of such
period, as the same may be extended. For purposes of this Lease, the term “Reconstruction Delays” shall mean: (i) any delays caused by the insurance adjustment process; (ii) any delays caused by Tenant or any Tenant
Parties; and (iii) any delays caused by events of force majeure, as described in Section 35. 
 C. Greater than 270 Days. If the Premises or
Building should be damaged by Casualty to such extent that rebuilding or repairs cannot in Landlord’s estimation be reasonably completed within two hundred seventy (270) days after the date of the Casualty, then Landlord shall have the
option of either: (1) terminating this Lease effective upon the date of the occurrence of such damage, in which event the Rent shall be abated during the unexpired portion of this Lease; or (2) electing to rebuild or repair the Premises
diligently and in the manner determined by Landlord. Landlord shall notify Tenant of its election within thirty (30) days after Landlord’s receipt of notice of the damage or destruction. Notwithstanding the above, Landlord shall not be
required to rebuild, repair or replace any part of any Alterations which may have been placed, on or about the Premises or paid for by Tenant. If the Premises are untenantable in whole or in part following such damage, the Rent payable hereunder
during the period in which they are untenantable shall be abated proportionately during the time and to the extent the Premises are unfit for occupancy. 

D. Tenant’s Fault. Notwithstanding anything herein to the contrary, if the Premises or any other portion of the Building are damaged by Casualty
resulting from the fault, negligence, or breach of this Lease by Tenant or any of the Tenant Parties, Base Rent and Additional Rent shall not be diminished during the repair of such damage and Tenant shall be liable to Landlord for the cost and
expense of the repair and restoration of the Building caused thereby to the extent such cost and expense is not covered by insurance proceeds. 
 E.
Insurance Proceeds. Notwithstanding anything herein to the contrary, if the Premises or Building are damaged or destroyed and are not fully covered by the insurance proceeds received by Landlord or if the holder of any indebtedness secured by a
mortgage or deed of trust covering the Premises requires that the insurance proceeds be applied to such indebtedness, then in either case Landlord shall have the right to terminate this Lease by delivering written notice of termination to Tenant
within thirty (30) days after the date of notice to Landlord that said damage or destruction is not fully covered by insurance or such requirement is made by any such holder, as the case may be, whereupon this Lease shall terminate. 

F. Waiver. This Section 24 shall be Tenant’s sole and exclusive remedy in the event of damage or destruction to the Premises or the Building.
As a material inducement to Landlord entering into this Lease, Tenant hereby waives any rights it may have under Sections 1932, 1933(4), 1941 or 1942 of the Civil Code of California with respect to any destruction of the Premises, Landlord’s
obligation for tenantability of the Premises and Tenant’s right to make repairs and deduct the expenses of such repairs, or under any similar law, statute or ordinance now or hereafter in effect. 

G. Tenant’s Personal Property. In the event of any damage or destruction of the Premises or the Building, under no circumstances shall Landlord be
required to repair any injury or damage to, or make any repairs to or replacements of, Tenant’s personal property. 
 25. HOLDING
OVER 
 Unless Landlord expressly consents in writing to Tenant’s holding over, Tenant shall be unlawfully and illegally in possession of the
Premises, whether or not Landlord accepts any rent from Tenant or any other person while Tenant remains in possession of the Premises without Landlord’s written consent. If Tenant shall retain possession of the Premises or any portion thereof
without Landlord’s consent following the expiration of this Lease or sooner termination for any reason, then Tenant shall pay to Landlord (a) one hundred twenty-five (125%) of the amount of the Annual Rent for the last period prior to
the date of such termination plus Tenant’s Proportionate Share of Operating Expenses during the first sixty (60) days of such holding over; and (b) commencing as of the sixty-first (61st) day of such holding over, one hundred
fifty percent (150%) of the amount of the Annual Rent for the last period prior to the date of such termination plus Tenant’s Proportionate Share of Operating Expenses. In addition to the payment of the amounts provided above, if Tenant
fails to vacate the Premises within thirty (30) days after Landlord notifies Tenant that Landlord has entered into a lease for the Premises or has received a bona fide offer to lease the Premises, and that Landlord will be unable to deliver
possession, or perform improvements, due to Tenant’s holdover, then Tenant shall also pay all damages sustained by Landlord by reason of such retention, including, without limitation, any damages resulting from any claims made by the succeeding
tenant founded on such delay. Acceptance 

  
 17 

 
of Rent by Landlord following expiration or earlier termination of this Lease, or following demand by Landlord for possession of the Premises, shall not constitute a renewal of this Lease, and
nothing contained in this Section 25 shall waive Landlord’s right of reentry or any other right. Additionally, if upon expiration or earlier termination of this Lease, or following demand by Landlord for possession of the Premises, Tenant
has not fulfilled its obligation with respect to repairs and cleanup of the Premises or any other Tenant obligations as set forth in this Lease, then Landlord shall have the right to perform any such obligations as it deems necessary at
Tenant’s sole cost and expense, and any time reasonably required by Landlord to complete such obligations shall be considered a period of holding over and the terms of this Section 25 shall apply. The provisions of this Section 25
shall survive any expiration or earlier termination of this Lease. 
 26. DEFAULT 

A. Events of Default. The occurrence of any of the following shall constitute an event of default on the part of Tenant: 

(1) Abandonment. Abandonment of the Premises within the meaning of Section 1951.3 of the Civil Code of the State of California.

 (2) Nonpayment of Rent. Failure to pay any installment of Rent or any other amount due and payable hereunder within five
(5) days after Landlord’s delivery of written notice that such sum is past due. If any such notice shall be given two (2) times during the twelve (12) month period commencing with the date of the first (1st) such notice,
Landlord may require that Base Rent be paid thereafter quarterly in advance. 
 (3) Other Obligations. Failure to perform any
obligation, agreement or covenant under this Lease other than those matters specified in subparagraphs (1) and (2) of this Section 26.A., and in Sections 8, 16, 18 and 25, such failure continuing for thirty (30) days after
written notice of such failure, as to which time is of the essence; provided, however, if Tenant’s failure to perform cannot reasonably be cured within such thirty (30) day period, Tenant shall be allowed additional time (not to exceed
sixty (60) days) as is reasonably necessary to cure the failure so long as: (a) Tenant commences to cure the failure within such thirty (30) day period, and (b) Tenant diligently pursues a course of action that will cure the
failure and bring Tenant back into compliance with this Lease. 
 (4) General Assignment. A general assignment by Tenant for the
benefit of creditors. 
 (5) Bankruptcy. The filing of any voluntary petition in bankruptcy by Tenant, or the filing of an involuntary
petition by Tenant’s creditors, which involuntary petition remains undischarged for a period of thirty (30) days. If under applicable law, the trustee in bankruptcy or Tenant has the right to affirm this Lease and continue to perform the
obligations of Tenant hereunder, such trustee or Tenant shall, in such time period as may be permitted by the bankruptcy court having jurisdiction, cure all defaults of Tenant hereunder outstanding as of the date of the affirmance of this Lease and
provide to Landlord such adequate assurances as may be necessary to ensure Landlord of the continued performance of Tenant’s obligations under this Lease. 

(6) Receivership. The employment of a receiver to take possession of substantially all of Tenant’s assets or the Premises, if such
appointment remains undismissed or undischarged for a period of fifteen (15) days after the order therefor. 
 (7) Attachment.
The attachment, execution or other judicial seizure of all or substantially all of Tenant’s assets or Tenant’s leasehold of the Premises, if such attachment or other seizure remains undismissed or undischarged for a period of thirty
(30) days after the levy thereof. 
 (8) Insolvency. The admission by Tenant in writing of its inability to pay its debts as they
become due. 
 B. Remedies Upon Default. 

(1) Termination. In the event of the occurrence of any event of default, Landlord shall have the right to give a written termination
notice to Tenant, and on the date specified in such notice, Tenant’s right to possession shall terminate, and this Lease shall terminate unless on or before such date all Rent in arrears and all costs and expenses incurred by or on behalf of
Landlord hereunder shall have been paid by Tenant and all other events of default of this Lease by Tenant at the time existing shall have been fully remedied to the satisfaction of Landlord. At any time after such termination, Landlord may recover
possession of the Premises or any part thereof and expel and remove therefrom Tenant and any other person occupying the same, including any subtenant or subtenants notwithstanding Landlord’s consent to any sublease, by any lawful means, and
again repossess and enjoy the Premises without 

  
 18 

 
prejudice to any of the remedies that Landlord may have under this Lease, or at law or equity by any reason of Tenant’s default or of such termination. Landlord hereby reserves the right,
but shall not have the obligation, to recognize the continued possession of any subtenant. The delivery or surrender to Landlord by or on behalf of Tenant of keys, entry codes, or other means to bypass security at the Premises shall not terminate
this Lease. 
 (2) Continuation After Default. Even though an event of default may have occurred, this Lease shall continue in effect
for so long as Landlord does not terminate Tenant’s right to possession under Section 26.B.(1) hereof. Landlord shall have the remedy described in California Civil Code Section 1951.4 (“lessor may continue lease in effect after
lessee’s breach and abandonment and recover rent as it becomes due, if lessee has right to sublet or assign, subject only to reasonable limitations”), or any successor code section. Accordingly, if Landlord does not elect to terminate this
Lease on account of any event of default by Tenant, Landlord may enforce all of Landlord’s rights and remedies under this Lease, including the right to recover Rent as it becomes due. Acts of maintenance, preservation or efforts to lease the
Premises or the appointment of a receiver under application of Landlord to protect Landlord’s interest under this Lease or other entry by Landlord upon the Premises shall not constitute an election to terminate Tenant’s right to
possession. 
 (3) Waiver by Tenant. TENANT HEREBY WAIVES ANY AND ALL RIGHTS CONFERRED BY SECTION 3275 OF THE CIVIL CODE OF CALIFORNIA
AND BY SECTIONS 1174 (c) AND 1179 OF THE CODE OF CIVIL PROCEDURE OF CALIFORNIA AND ANY AND ALL OTHER LAWS AND RULES OF LAW FROM TIME TO TIME IN EFFECT DURING THIS LEASE TERM PROVIDING THAT TENANT SHALL HAVE ANY RIGHT TO REDEEM, REINSTATE OR
RESTORE THIS LEASE FOLLOWING ITS TERMINATION BY REASON OF TENANT’S BREACH. 
 C. Damages After Default. Should Landlord terminate this Lease
pursuant to the provisions of Section 26.B.(1) hereof, Landlord shall have the rights and remedies of a Landlord provided by Section 1951.2 of the Civil Code of the State of California, or any successor code sections. Upon such
termination, in addition to any other rights and remedies to which Landlord may be entitled under applicable law or at equity, Landlord shall be entitled to recover from Tenant: (1) the worth at the time of award of the unpaid Rent and other
amounts which had been earned at the time of termination, (2) the worth at the time of award of the amount by which the unpaid Rent and other amounts that would have been earned after the date of termination until the time of award exceeds the
amount of such Rent loss that Tenant proves could have been reasonably avoided; (3) the worth at the time of award of the amount by which the unpaid Rent and other amounts for the balance of the Term after the time of award exceeds the amount
of such Rent loss that the Tenant proves could be reasonably avoided; and (4) any other amount and court costs necessary to compensate Landlord for all detriment proximately caused by Tenant’s failure to perform Tenant’s obligations
under this Lease or which, in the ordinary course of things, would be likely to result therefrom. The “worth at the time of award” as used in (1) and (2) above shall be computed at the Applicable Interest Rate (defined below).
The “worth at the time of award” as used in (3) above shall be computed by discounting such amount at the Federal Discount Rate of the Federal Reserve Bank of San Francisco at the time of award plus one percent (1%). If this Lease
provides for any periods during the Term during which Tenant is not required to pay Base Rent or if Tenant otherwise receives a Rent concession, then upon the occurrence of an event of default, Tenant shall owe to Landlord the full amount of such
Base Rent or value of such Rent concession, plus interest at the Applicable Interest Rate, calculated from the date that such Base Rent or Rent concession would have been payable. 

D. Late Charge. In addition to its other remedies, Landlord shall have the right without notice or demand to add to the amount of any payment required
to be made by Tenant hereunder, and which is not paid and received by Landlord on or before the first day of each calendar month, an amount equal to five percent (5%) of the delinquent amount, or $150.00, whichever amount is greater, for each
month or portion thereof that the delinquency remains outstanding to compensate Landlord for the loss of the use of the amount not paid and the administrative costs caused by the delinquency, the parties agreeing that Landlord’s damage by
virtue of such delinquencies would be extremely difficult and impracticable to compute and the amount stated herein represents a reasonable estimate thereof; provided that Tenant shall be entitled to a grace period of five (5) days following
delivery of written notice that such payment is overdue for the first such late payment of Rent in any given calendar year. Any waiver by Landlord of any late charges or failure to claim the same shall not constitute a waiver of other late charges
or any other remedies available to Landlord. 
 E. Interest. Interest shall accrue on all Rent not paid when due hereunder at the lesser of ten
percent (10%) per annum or the maximum interest rate allowed by law (“Applicable Interest Rate”) from the due date until paid. 
 F.
Remedies Cumulative. All of Landlord’s rights, privileges and elections or remedies are cumulative and not alternative, to the extent permitted by law and except as otherwise provided herein. 

  
 19 

 G. Replacement of Statutory Notice Requirements. When this Lease requires service of a notice, that notice
shall replace rather than supplement any equivalent or similar statutory notice, including any notice required by California Code of Civil Procedure Section 1161 or any similar or successor statute. When a statute requires service of a notice
in a particular manner, service of that notice (or a similar notice required by this Lease) in the manner required by this Section 26 shall replace and satisfy the statutory service-of-notice procedures, including those required by California
Code of Civil Procedure Section 1162 or any similar or successor statute. 
 27. LIENS 

Tenant shall at all times keep the Premises and the Project free from liens arising out of or related to work or services performed, materials
or supplies furnished or obligations incurred by or on behalf of Tenant or in connection with work made, suffered or done by or on behalf of Tenant in or on the Premises or Project. If Tenant shall not, within ten (10) days following the
imposition of any such lien, cause the same to be released of record by payment or posting of a proper bond, Landlord shall have, in addition to all other remedies provided herein and by law, the right, but not the obligation, to cause the same to
be released by such means as Landlord shall deem proper, including payment of the claim giving rise to such lien. All sums paid by Landlord on behalf of Tenant and all expenses incurred by Landlord in connection therefor shall be payable to Landlord
by Tenant on demand with interest at the Applicable Interest Rate as Additional Rent. Landlord shall have the right at all times to post and keep posted on the Premises any notices permitted or required by law, or which Landlord shall deem proper,
for the protection of Landlord, the Premises, the Project and any other party having an interest therein, from mechanics’ and materialmen’s liens, and Tenant shall give Landlord not less than ten (10) business days prior written
notice of the commencement of any work in the Premises or Project which could lawfully give rise to a claim for mechanics’ or materialmen’s liens to permit Landlord to post and record a timely notice of non-responsibility, as Landlord may
elect to proceed or as the law may from time to time provide, for which purpose, if Landlord shall so determine, Landlord may enter the Premises. Tenant shall not remove any such notice posted by Landlord without Landlord’s consent, and in any
event not before completion of the work which could lawfully give rise to a claim for mechanics’ or materialmen’s liens. 
 28.
SUBSTITUTION [INTENTIONALLY OMITTED] 
 29. TRANSFERS BY LANDLORD 

In the event of a sale or conveyance by Landlord of the Building or a foreclosure by any creditor of Landlord, the same shall operate to
release Landlord from any liability upon any of the covenants or conditions, express or implied, herein contained in favor of Tenant, to the extent required to be performed after the passing of title to Landlord’s successor-in-interest. In such
event, Tenant agrees to look solely to the responsibility of the successor-in-interest of Landlord under this Lease with respect to the performance of the covenants and duties of “Landlord” to be performed after the passing of title to
Landlord’s successor-in-interest. This Lease shall not be affected by any such sale and Tenant agrees to attorn to the purchaser or assignee. Landlord’s successor(s)-in-interest shall not have liability to Tenant with respect to the
failure to perform any of the obligations of “Landlord,” to the extent required to be performed prior to the date such successor(s)-in-interest became the owner of the Building. 

30. RIGHT OF LANDLORD TO PERFORM TENANT’S COVENANTS 

All covenants and agreements to be performed by Tenant under any of the terms of this Lease shall be performed by Tenant at Tenant’s sole
cost and expense and without any abatement of Rent. If Tenant shall fail to pay any sum of money, other than Base Rent, required to be paid by Tenant hereunder or shall fail to perform any other act on Tenant’s part to be performed hereunder,
including Tenant’s obligations under Section 11 hereof, and such failure shall continue for fifteen (15) days after notice thereof by Landlord, in addition to the other rights and remedies of Landlord, Landlord may make any such
payment and perform any such act on Tenant’s part. In the case of an emergency, no prior notification by Landlord shall be required. Landlord may take such actions without any obligation and without releasing Tenant from any of Tenant’s
obligations. All sums so paid by Landlord and all incidental costs incurred by Landlord and interest thereon at the Applicable Interest Rate, from the date of payment by Landlord, shall be paid to Landlord on demand as Additional Rent. 

31. WAIVER 
 If either
Landlord or Tenant waives the performance of any term, covenant or condition contained in this Lease, such waiver shall not be deemed to be a waiver of any subsequent breach of the same or any other term, covenant or condition contained herein, or
constitute a course of dealing contrary to the expressed terms of this Lease. The acceptance of Rent by Landlord shall not constitute a waiver of any preceding breach by Tenant of any term, covenant or condition of this Lease, regardless of
Landlord’s knowledge of such preceding breach at the time Landlord accepted such Rent. Failure by Landlord 

  
 20 

 
to enforce any of the terms, covenants or conditions of this Lease for any length of time shall not be deemed to waive or decrease the right of Landlord to insist thereafter upon strict
performance by Tenant. Waiver by Landlord of any term, covenant or condition contained in this Lease may only be made by a written document signed by Landlord, based upon full knowledge of the circumstances. 

32. NOTICES 
 Each
provision of this Lease or of any applicable governmental laws, ordinances, regulations and other requirements with reference to sending, mailing, or delivery of any notice or the making of any payment by Landlord or Tenant to the other shall be
deemed to be complied with when and if the following steps are taken: 
 A. Rent. All Rent and other payments required to be made by Tenant to
Landlord hereunder shall be payable to Landlord at Landlord’s Remittance Address set forth in the Basic Lease Information, or at such other address as Landlord may specify from time to time by written notice delivered in accordance herewith.
Tenant’s obligation to pay Rent and any other amounts to Landlord under the terms of this Lease shall not be deemed satisfied until such Rent and other amounts have been actually received by Landlord. 

B. Other. All notices, demands, consents and approvals which may or are required to be given by either party to the other hereunder shall be in writing
and either personally delivered, sent by commercial overnight courier, mailed, certified or registered, postage prepaid or sent by facsimile with confirmed receipt (and with an original sent by commercial overnight courier), and in each case
addressed to the party to be notified at the Notice Address for such party as specified in the Basic Lease Information or to such other place as the party to be notified may from time to time designate by at least fifteen (15) days’ notice
to the notifying party. Notices shall be deemed served upon receipt or refusal to accept delivery. Tenant appoints as its agent to receive the service of all default notices and notice of commencement of unlawful detainer proceedings the person in
charge of or apparently in charge of occupying the Premises at the time, and, if there is no such person, then such service may be made by attaching the same on the main entrance of the Premises. 

C. Required Notices. Tenant shall immediately notify Landlord in writing of any notice of a violation or a potential or alleged violation of any
Regulation that relates to the Premises or the Project, or of any inquiry, investigation, enforcement or other action that is instituted or threatened by any governmental or regulatory agency against Tenant or any other occupant of the Premises, or
any claim that is instituted or threatened by any third party that relates to the Premises or the Project of which Tenant becomes aware. Landlord shall promptly provide to Tenant any written notice of any violations of Regulations received by
Landlord with respect to the Premises or Project. 
 33. ATTORNEYS’ FEES 

If Landlord places the enforcement of this Lease, or any part thereof, or the collection of any Rent due, or to become due hereunder, or
recovery of possession of the Premises in the hands of an attorney, Tenant shall pay to Landlord, upon demand, Landlord’s reasonable attorneys’ fees and court costs, whether incurred at trial, appeal or review. In any action which Landlord
or Tenant brings to enforce its respective rights hereunder, the unsuccessful party shall pay all costs incurred by the prevailing party including reasonable attorneys’ fees, to be fixed by the court, and said costs and attorneys’ fees
shall be a part of the judgment in said action. 
 34. SUCCESSORS AND ASSIGNS 

This Lease shall be binding upon and inure to the benefit of Landlord, its successors and assigns, and shall be binding upon and inure to the
benefit of Tenant, its successors, and to the extent assignment is approved by Landlord or otherwise permitted pursuant to the terms of this Lease, Tenant’s assigns. 

35. FORCE MAJEURE 
 If
performance by a party of any portion of this Lease is made impossible by any prevention, delay, or stoppage caused by strikes, lockouts, labor disputes, acts of God, inability to obtain services, labor, or materials or reasonable substitutes for
those items, government actions, civil commotions, fire or other casualty, or other causes beyond the reasonable control of the party obligated to perform, performance by that party for a period equal to the period of that prevention, delay, or
stoppage is excused. Tenant’s obligation to pay Rent, however, is not excused by this Section 35. 

  
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 36. SURRENDER OF PREMISES 

Tenant shall, upon expiration or sooner termination of this Lease, surrender the Premises to Landlord in the same condition as existed
(subject to Section 12) on the date Tenant originally took possession thereof (normal wear and tear and damage due to Casualty that is Landlord’s obligation to repair pursuant to this Lease excepted), including, but not limited to, all
interior walls cleaned, all holes in walls repaired, all carpets shampooed and cleaned, all HVAC equipment in operating order and in good repair, and all floors cleaned, waxed, and free of any Tenant-introduced marking or painting, all to the
reasonable satisfaction of Landlord. Tenant shall remove all of its debris from the Premises. At or before the time of surrender, Tenant shall comply with the terms of Section 12.A. hereof with respect to Alterations to the Premises and all
other matters addressed in such Section. If the Premises are not so surrendered at the expiration or sooner termination of this Lease, the provisions of Section 25 hereof shall apply. All keys to the Premises or any part thereof shall be
surrendered to Landlord upon expiration or sooner termination of the Term. Tenant shall give written notice to Landlord at least thirty (30) days prior to vacating the Premises and shall meet with Landlord for a joint inspection of the Premises
at the time of vacating, but nothing contained herein shall be construed as an extension of the Term or as a consent by Landlord to any holding over by Tenant. Any delay caused by Tenant’s failure to carry out its obligations under this
Section 36 beyond the term hereof, shall constitute unlawful and illegal possession of Premises under Section 25 hereof. 
 37.
HAZARDOUS MATERIALS 
 A. General Restrictions. Tenant shall conduct its business and shall cause each Tenant Party to act in such a manner as to
(a) not release or permit the release of any Hazardous Material in, under, on or about the Premises or Project, or (b) not use, store, generate, treat, discharge, disperse, handle, manufacture, transport or dispose of (collectively,
“Handle”) any Hazardous Materials (other than incidental amounts of customary cleaning and office supplies) in or about the Premises or Project without the prior written consent of Landlord, which consent Landlord may withhold in
its sole and absolute discretion (“Hazardous Materials Consent Requirements”). “Hazardous Material” means any hazardous, explosive, radioactive or toxic substance, material or waste which is or becomes regulated by
any local, state or federal governmental authority or agency, including, without limitation, any material or substance which is (i) defined or listed as a “hazardous waste,” “extremely hazardous waste,” “restricted
hazardous waste,” “hazardous substance,” “hazardous material,” “pollutant” or “contaminant” under any Regulation, (ii) petroleum or petroleum derivative, (iii) a flammable explosive, (iv) a
radioactive material or waste, (v) a polychlorinated biphenyl, (vi) asbestos or asbestos containing material, (vii) infectious waste, or (viii) a carcinogen. To Landlord’s actual knowledge, there are no Hazardous Materials
at the Building in violation of Regulations, and, as of the date hereof, Landlord has not received written notice from any governmental agencies that there are any Hazardous Materials at the Building in violation of any Regulations. For purposes of
this Section, “Landlord’s actual knowledge” shall be deemed to mean and limited to the current actual knowledge of Trevor Wilson, at the time of execution of this Lease and not any implied, imputed, or constructive knowledge of
said individual or of Landlord or any parties related to or comprising Landlord and without any independent investigation or inquiry having been made or any implied duty to investigate or make any inquiries; it being understood and agreed that such
individual shall have no personal liability in any manner whatsoever hereunder or otherwise related to the transactions contemplated hereby. 
 B.
Required Disclosures. Prior to Tenant (and at least five (5) days prior to any assignee or any subtenant of Tenant) taking possession of any part of the Premises, and on each anniversary of the Commencement Date (each such date is
hereinafter referred to as a “Disclosure Date”), until and including the first Disclosure Date occurring after the expiration or sooner termination of this Lease, Tenant shall disclose to Landlord in writing the names and amounts of
all Hazardous Materials, or any combination thereof, which were Handled on, in, under or about the Premises or Project for the twelve (12) month period prior to such Disclosure Date, or which Tenant intends to Handle on, under or about the
Premises during the twelve (12) month period following the Disclosure Date by executing and delivering to Landlord a “Hazardous Materials Questionnaire”, in the form attached hereto as Exhibit D (as updated and modified
by Landlord, from time to time). Tenant’s disclosure obligations under this Section 37.B shall include a requirement that, to the extent any information contained in a Hazardous Materials Questionnaire previously delivered by Tenant shall
become inaccurate in any material respect, Tenant shall immediately deliver to Landlord a new updated Hazardous Materials Questionnaire. 
 C. Additional
Obligations. If any Hazardous Materials shall be released into the environment comprising or surrounding the Project in connection with the acts, omissions or operations of Tenant or any Tenant Party, Tenant shall at its sole expense promptly
prepare a remediation plan therefor consistent with applicable Regulations and recommended industry practices (and approved by Landlord and all governmental agencies having jurisdiction) to fully remediate such release, and thereafter shall
prosecute the remediation plan so approved to completion with all reasonable diligence and to the satisfaction of Landlord and applicable governmental agencies. If any Hazardous Materials are Handled in, under, on or about the Premises during the
Term, or if Landlord determines in good faith that any release of any Hazardous Material or violation of 

  
 22 

 
Hazardous Materials Regulations may have occurred in, on, under or about the Premises during the Term, Landlord may require Tenant, at Tenant’s sole expense, to (i) retain a qualified
environmental consultant reasonably satisfactory to Landlord to conduct a reasonable investigation (an “Environmental Assessment”) of a nature and scope reasonably approved in writing in advance by Landlord with respect to the
existence of any Hazardous Materials in, on, under or about the Premises and providing a review of all Hazardous Materials activities of Tenant and the Tenant Parties, and (ii) provide to Landlord a reasonably detailed, written report, prepared
in accordance with the institutional real estate standards, of the Environmental Assessment. 
 D. Indemnity. Tenant shall indemnify, defend (by
counsel reasonably acceptable to Landlord), protect and hold Landlord harmless from and against any and all claims, liabilities, losses, costs, loss of rents, liens, damages, injuries or expenses (including attorneys’ and consultants’ fees
and court costs), demands, causes of action, or judgments directly or indirectly arising out of or related to the use, generation, storage, release, or disposal of Hazardous Materials by Tenant or any of the Tenant Parties in, on, under or about the
Premises or the Project or surrounding land or environment, which indemnity shall include, without limitation, damages for personal or bodily injury, property damage, damage to the environment or natural resources occurring on or off the Premises,
losses attributable to diminution in value or adverse effects on marketability, the cost of any investigation, monitoring, government oversight, repair, removal, remediation, restoration, abatement, and disposal, and the preparation of any closure
or other required plans, whether such action is required or necessary prior to or following the expiration or earlier termination of this Lease. Neither the consent by Landlord to the use, generation, storage, release or disposal of Hazardous
Materials nor the strict compliance by Tenant with all laws pertaining to Hazardous Materials shall excuse Tenant from Tenant’s obligation of indemnification pursuant to this Section 37.D. Tenant’s obligations pursuant to the
foregoing indemnity shall survive the expiration or earlier termination of this Lease. Notwithstanding anything to the contrary set forth herein, Tenant shall not be liable for any cost or expense related to investigation, removal, cleaning,
abatement or remediation of Hazardous Materials existing in the Premises prior to the date Landlord tenders possession of the Premises to Tenant (including without limitation, Hazardous Materials existing in the ground water or soil that migrate
into the Project after such date through no act or omission of Tenant or any Tenant Party), including, without limitation, Hazardous Materials in the ground water or soil, except to the extent that any of the foregoing results directly or indirectly
from any act or omission by Tenant or any Tenant Party or any Hazardous Materials disturbed, distributed or exacerbated by Tenant or any Tenant Party. 

38. MISCELLANEOUS 
 A. General. The
term “Tenant” or any pronoun used in place thereof shall indicate and include the masculine or feminine, the singular or plural number, individuals, firms or corporations, and their respective successors, executors, administrators and
permitted assigns, according to the context hereof. 
 B. Time. Time is of the essence regarding this Lease and all of its provisions. 

C. Choice of Law. This Lease shall in all respects be governed by the laws of the State of California. 

D. Entire Agreement. This Lease, together with its Exhibits, addenda and attachments and the Basic Lease Information, contains all the agreements of the
parties hereto and supersedes any previous negotiations. There have been no representations made by the Landlord or understandings made between the parties other than those set forth in this Lease and its Exhibits, addenda and attachments and the
Basic Lease Information. 
 E. Modification. This Lease may not be modified except by a written instrument signed by the parties hereto. Tenant
accepts the area of the Premises as specified in the Basic Lease Information as the approximate area of the Premises for all purposes under this Lease, and acknowledges and agrees that no other definition of the area (rentable, usable or otherwise)
of the Premises shall apply. Tenant shall in no event be entitled to a recalculation of the square footage of the Premises, rentable, usable or otherwise, and no recalculation, if made, irrespective of its purpose, shall reduce Tenant’s
obligations under this Lease in any manner, including without limitation the amount of Base Rent payable by Tenant or Tenant’s Proportionate Share of the Building and of the Project. 

F. Severability. If, for any reason whatsoever, any of the provisions hereof shall be unenforceable or ineffective, all of the other provisions shall be
and remain in full force and effect. 
 G. Recordation. Tenant shall not record this Lease or a short form memorandum hereof. 

H. Examination of Lease. Submission of this Lease to Tenant does not constitute an option or offer to lease and this Lease is not effective otherwise
until execution and delivery by both Landlord and Tenant. 

  
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 I. Accord and Satisfaction. No payment by Tenant of a lesser amount than the total Rent due nor any
endorsement on any check or letter accompanying any check or payment of Rent shall be deemed an accord and satisfaction of full payment of Rent, and Landlord may accept such payment without prejudice to Landlord’s right to recover the balance
of such Rent or to pursue other remedies. All offers by or on behalf of Tenant of accord and satisfaction are hereby rejected in advance. 
 J. Easements.
Landlord may grant easements on the Project and dedicate for public use portions of the Project without Tenant’s consent; provided that no such grant or dedication shall materially interfere with Tenant’s Permitted Use of the Premises.
Upon Landlord’s request, Tenant shall execute, acknowledge and deliver to Landlord documents, instruments, maps and plats necessary to effectuate Tenant’s covenants hereunder. 

K. Drafting and Determination Presumption. The parties acknowledge that this Lease has been agreed to by both the parties, that both Landlord and Tenant
have consulted with attorneys with respect to the terms of this Lease and that no presumption shall be created against Landlord because Landlord drafted this Lease. Except as otherwise specifically set forth in this Lease, with respect to any
consent, determination or estimation of Landlord required or allowed in this Lease or requested of Landlord, Landlord’s consent, determination or estimation shall be given or made solely by Landlord in Landlord’s good faith opinion. 

L. Exhibits. The Basic Lease Information, and the Exhibits, addenda and attachments attached hereto are hereby incorporated herein by this reference and
made a part of this Lease as though fully set forth herein. 
 M. No Light, Air or View Easement. Any diminution or shutting off of light, air or view
by any structure which may be erected on lands adjacent to or in the vicinity of the Building shall in no way affect this Lease or impose any liability on Landlord. 

N. No Third Party Benefit. This Lease is a contract between Landlord and Tenant and nothing herein is intended to create any third party benefit. 

O. Quiet Enjoyment. Upon payment by Tenant of the Rent, and upon the observance and performance of all of the other covenants, terms and conditions on
Tenant’s part to be observed and performed, Tenant shall peaceably and quietly hold and enjoy the Premises for the term hereby demised without hindrance or interruption by Landlord or any other person or persons lawfully or equitably claiming
by, through or under Landlord, subject, nevertheless, to all of the other terms and conditions of this Lease. Landlord shall not be liable for any hindrance, interruption, interference or disturbance by other tenants or third persons, nor shall
Tenant be released from any obligations under this Lease because of such hindrance, interruption, interference or disturbance. 
 P. Counterparts.
This Lease may be executed in any number of counterparts, each of which shall be deemed an original. 
 Q. Multiple Parties. If more than one
person or entity is named herein as Tenant, such multiple parties shall have joint and several responsibility to comply with the terms of this Lease. 

R. Prorations. Any Rent or other amounts payable to Landlord by Tenant hereunder for any fractional month shall be prorated based on a month of thirty
(30) days. As used herein, the term “fiscal year” shall mean the calendar year or such other fiscal year as Landlord may deem appropriate. 

S. Brokers. Tenant represents that it has dealt directly with and only with Tenant’s Broker (as defined in the Basic Lease Information) as
Tenant’s broker in connection with this Lease. Tenant shall indemnify and hold Landlord and the Landlord Parties harmless from all claims of any other brokers claiming to have represented Tenant in connection with this Lease. Landlord agrees to
indemnify and hold Tenant and the Tenant Parties harmless from all claims of any brokers other than Landlord’s Broker (as defined in the Basic Lease Information) claiming to have represented Landlord in connection with this Lease. Landlord
agrees to pay a brokerage commission to Landlord’s Broker and Tenant’s Broker in accordance with the terms of a separate written commission agreement between Landlord and Landlord’s Broker, provided that in no event shall Landlord be
obligated to pay a commission to Landlord’s Broker or Tenant’s Broker in connection with any extension of the Term or in connection with any additional space that is leased by Tenant pursuant to the terms of this Lease except as may be
specifically provided otherwise in such written agreement or future written agreement between Landlord and such party. 
 T. OFAC. Tenant hereby
represents and warrants that neither Tenant, nor any persons or entities holding any legal or beneficial interest whatsoever in Tenant, are (i) the target of any sanctions program that is established by Executive Order of the President or
published by the Office of Foreign Assets Control, U.S. Department of the Treasury (“OFAC”); (ii)

  
 24 

 
designated by the President or OFAC pursuant to the Trading with the Enemy Act, 50 U.S.C. App. § 5, the International Emergency Economic Powers Act, 50 U.S.C. §§ 1701-06, the
Patriot Act, Public Law 107-56, Executive Order 13224 (September 23, 2001) or any Executive Order of the President issued pursuant to such statutes; or (iii) named on the following list that is published by OFAC: “List of Specially
Designated Nationals and Blocked Persons.” If the foregoing representation is untrue at any time during the Term, an event of default will be deemed to have occurred, without the necessity of notice to Tenant. 

U. Disclosure. Pursuant to California Civil Code Section 1938, Landlord hereby notifies Tenant that as of the date of this Lease, the Premises has
not undergone inspection by a “Certified Access Specialist” to determine whether the Premises meet all applicable construction-related accessibility standards under California Civil Code Section 55.53. 

39. ADDITIONAL PROVISIONS 
 A. Base
Rent. 
 (1) Tenant shall pay Base Rent pursuant to the following schedule: 

 

									
	 Months of Term
	  	Monthly Rate Per Square Foot	 	  	Monthly Base Rent	 
	 Months 1 – 18
	  	$	1.82	  	  	$	178,281.74	  
	 Months 19 – 24
	  	 	1.98	  	  	 	193,954.86	  
	 Months 25 – 36
	  	 	2.20	  	  	 	215,505.40	  
	 Months 37 – 48
	  	 	2.27	  	  	 	222,362.39	  
	 Months 49 – 60
	  	 	2.34	  	  	 	229,219.38	  
	 Months 61 – 72
	  	 	2.41	  	  	 	236,076.37	  
	 Months 73 – 84
	  	 	2.48	  	  	 	242,933.36	  
	 Months 85 – 96
	  	 	2.55	  	  	 	249,790.35	  
	 Months 97 – 108
	  	 	2.63	  	  	 	257,626.91	  

 (2) Notwithstanding anything in this Lease to the contrary, so long as Tenant is not in default under
this Lease beyond any applicable notice and cure period, Tenant shall be entitled to an abatement of Base Rent with respect to the Premises, as originally described in this Lease, in the amount of $178,281.74 per month for the first nine
(9) full calendar months of the initial Term (the “Abatement Period”). The maximum total amount of Base Rent abated with respect to the Premises in accordance with the foregoing shall equal $1,604,535.66 (the “Abated
Base Rent”). Only Base Rent shall be abated pursuant to this Section, as more particularly described herein, and Tenant’s Proportionate Share of Operating Expenses and all other Rent and other costs and charges specified in this Lease
shall remain as due and payable pursuant to the provisions of this Lease. 
 B. Letter of Credit. Concurrent with Tenant’s execution and delivery
of this Lease to Landlord, Tenant shall deliver to Landlord, as collateral for the full performance by Tenant of all of its obligations under this Lease and for all losses and damages Landlord may suffer as a result of Tenant’s failure to
comply with one or more provisions of this Lease, including, but not limited to, any post lease termination damages under section 1951.2 of the California Civil Code, an Irrevocable Standby Letter of Credit (the “Letter of Credit”)
in the amount of Two Million Dollars ($2,000,000.00). The following terms and conditions shall apply to the Letter of Credit: 
 (1)
The Letter of Credit shall be in favor of Landlord, shall be issued by a bank acceptable to Landlord with a Standard & Poors rating of “A” or better, shall comply with all of the terms and conditions of this Section 39.B.

 (2) The Letter of Credit or any replacement Letter of Credit shall be irrevocable for the term thereof and shall automatically
renew on a year to year basis (subject to any reduction or elimination of such Letter of Credit pursuant to this Section) until a period ending not earlier than two (2) months subsequent to the Expiration Date, as the same may be further
extended (the “LOC Expiration Date”) without any action whatsoever on the part of Landlord; provided that the issuing bank shall have the right not to renew the Letter of Credit by giving written notice to Landlord not less than
sixty (60) days prior to the expiration of the then current term of the Letter of Credit that it does not intend to renew the Letter of Credit. Tenant understands that the election by the issuing bank not to renew the Letter of Credit shall
not, in any event, diminish the obligation of Tenant to maintain such an irrevocable Letter of Credit in favor of Landlord through the LOC Expiration Date. 

  
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 (3) Landlord, or its then managing agent, upon Tenant’s failure to comply with one or
more provisions of this Lease beyond any applicable notice and cure period or within any applicable notice and cure period or if Landlord is prohibited from providing any notice to Tenant, within five (5) days after the same is due (without any
obligation on the part of Landlord to provide Tenant written notice of such failure), or as otherwise specifically agreed by Landlord and Tenant pursuant to this Lease or any amendment hereof, without prejudice to any other remedy provided in this
Lease or by Regulations, shall have the right from time to time to make one or more draws on the Letter of Credit and use all or part of the proceeds in accordance with Section 39.B(4) below. In addition, if Tenant fails to furnish a renewal or
replacement letter of credit complying with all of the provisions of this Section 39.B at least sixty (60) days prior to the stated expiration date of the Letter of Credit then held by Landlord, Landlord may draw upon such Letter of Credit
and hold the proceeds thereof (and such proceeds need not be segregated) in accordance with the terms of this Section 39.B. Funds may be drawn down on the Letter of Credit upon presentation to the issuing bank of Landlord’s (or
Landlord’s then managing agent’s) certification. 
 (4) Tenant acknowledges and agrees (and the Letter of Credit shall so
state) that the Letter of Credit shall be honored by the issuing bank without inquiry as to the truth of the statements set forth in such draw request and regardless of whether the Tenant disputes the content of such statement. The proceeds of the
Letter of Credit shall constitute Landlord’s sole and separate property (and not Tenant’s property or the property of Tenant’s bankruptcy estate) and Landlord may immediately upon any draw (and without notice to Tenant) apply or
offset the proceeds of the Letter of Credit: (a) against any rent or other amounts payable by Tenant under this Lease that is not paid within any applicable notice and cure period or if Landlord is prohibited from providing any notice to
Tenant, within five days after the same is due (without any obligation on the part of Landlord to provide Tenant written notice of such failure),; (b) against all losses and damages that Landlord has suffered or that Landlord reasonably
estimates that it may suffer as a result of Tenant’s failure to comply with one or more provisions of this Lease, including any damages arising under Section 1951.2 of the California Civil Code following termination of this Lease;
(c) against any costs incurred by Landlord in connection with this Lease (including attorneys’ fees) that Tenant fails to pay in accordance with this Lease; and (d) against any other amount that Landlord may spend or become obligated
to spend by reason of Tenant’s default. Provided Tenant has performed all of its obligations under this Lease, Landlord agrees to pay to Tenant within sixty (60) days after the LOC Expiration Date the amount of any proceeds of the Letter
of Credit received by Landlord and not applied as allowed above; provided, that if prior to the LOC Expiration Date a voluntary petition is filed by Tenant or any guarantor, or an involuntary petition is filed against Tenant or any guarantor by any
of Tenant’s or guarantor’s creditors, under the Federal Bankruptcy Code, then Landlord shall not be obligated to make such payment in the amount of the unused Letter of Credit proceeds until either all preference issues relating to
payments under this Lease have been resolved in such bankruptcy or reorganization case or such bankruptcy or reorganization case has been dismissed, in each case pursuant to a final court order not subject to appeal or any stay pending appeal. 

(5) If, as result of any application or use by Landlord of all or any part of the Letter of Credit, the amount of the Letter of Credit
shall be less than the amount set forth in this Section 39.B, Tenant shall, within five (5) days thereafter, provide Landlord with additional letter(s) of credit in an amount equal to the deficiency (or a replacement letter of credit in
the total amount required pursuant to this Section 39.B), and any such additional (or replacement) letter of credit shall comply with all of the provisions of this Section 39.B, and if Tenant fails to comply with the foregoing and such
failure continues for five (5) days after Landlord’s written notice of the same to Tenant, notwithstanding anything to the contrary contained in this Lease, the same shall constitute an incurable event of default by Tenant. Tenant further
covenants and warrants that it will neither assign nor encumber the Letter of Credit or any part thereof and that neither Landlord nor its successors or assigns will be bound by any such assignment, encumbrance, attempted assignment or attempted
encumbrance. 
 (6) Landlord may, at any time and without notice to Tenant and without first obtaining Tenant’s consent thereto,
transfer all or any portion of its interest in and to the Letter of Credit to another party, person or entity, including Landlord’s mortgagee and/or to have the Letter of Credit reissued in the name of Landlord’s mortgagee. If Landlord
transfers its interest in the Building and transfers the Letter of Credit (or any proceeds thereof then held by Landlord) in whole or in part to the transferee, Landlord shall, without any further agreement between the parties hereto, thereupon be
released by Tenant from all liability therefor and arising from and after such transfer. The provisions hereof shall apply to every transfer or assignment of all or any part of the Letter of Credit to a new landlord. In connection with any such
transfer of the Letter of Credit by Landlord, Tenant shall, at Tenant’s sole cost and expense, execute and submit to the issuer of the Letter of Credit such applications, documents and instruments as may be necessary to effectuate
such transfer. Tenant shall be responsible for paying the issuer’s transfer and processing fees in connection with any transfer of the Letter of Credit and, if Landlord advances any such fees (without having any obligation to do so), Tenant
shall reimburse Landlord for any such transfer or processing fees within ten (10) days after Landlord’s written request therefor. 

  
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 (7) If the Letter of Credit expires earlier than the LOC Expiration Date, or the issuing
bank notifies Landlord that it shall not renew the Letter of Credit, Landlord shall accept a renewal thereof or substitute letter credit (such renewal or substitute Letter of Credit to be in effect not later than sixty (60) days prior to the
expiration thereof), irrevocable and automatically renewable through the LOC Expiration Date upon the same terms as the expiring Letter of Credit or upon such other terms as may be acceptable to Landlord. However, if (a) the Letter of Credit is
not timely renewed, or (b) a substitute Letter of Credit, complying with all of the terms and conditions of this paragraph is not timely received, Landlord may present such Letter of Credit to the issuing bank, and the entire sum so obtained
shall be paid to Landlord, to be held by Landlord in accordance with Section 19 of this Lease. 
 (8) Landlord and Tenant
(a) acknowledge and agree that in no event or circumstance shall the Letter of Credit or any renewal thereof or substitute therefor or any proceeds thereof be deemed to be or treated as a “security deposit” under any Regulation
applicable to security deposits in the commercial context including Section 1950.7 of the California Civil Code, as such section now exist or as may be hereafter amended or succeeded (“Security Deposit Laws”),
(b) acknowledge and agree that the Letter of Credit (including any renewal thereof or substitute therefor or any proceeds thereof) is not intended to serve as a security deposit, and the Security Deposit Laws shall have no applicability or
relevancy thereto, and (c) waive any and all rights, duties and obligations either party may now or, in the future, will have relating to or arising from the Security Deposit Laws. Tenant hereby waives the provisions of Section 1950.7 of
the California Civil Code and all other provisions of Regulations, now or hereafter in effect, which (i) establish the time frame by which Landlord must refund a security deposit under a lease, and/or (ii) provide that Landlord may claim
from the security deposit only those sums reasonably necessary to remedy defaults in the payment of rent, to repair damage caused by Tenant or to clean the Premises, it being agreed that Landlord may, in addition, claim those sums specified above in
this Section 39.B and/or those sums reasonably necessary to compensate Landlord for any loss or damage caused by Tenant’s breach of this Lease or the acts or omission of Tenant or any other Tenant Parties, including any damages Landlord
suffers following termination of this Lease. 
 (9) Notwithstanding anything to the contrary set forth herein but subject to the
remaining terms of this Section 39.B(9), if as of the thirty-seventh (37th) full calendar month of the initial Term (the “LC Reduction Effective Date”), (a) Tenant
has timely paid all Rent and all other sums and charges payable under this Lease during the twelve (12) month period immediately preceding the LC Reduction Effective Date, (b) no default has occurred and is continuing under this Lease as
of the LC Reduction Effective Date, and (c) Tenant’s Financial Information (defined below) provides to Landlord’s satisfaction that Tenant has (i) achieved a market capitalization of not less than Three Hundred Million Dollars
($300,000,000) and (ii) cash and cash equivalents of no less than Fifty Million Dollars ($50,000,000) (collectively, the “LC Reduction Conditions”), Tenant shall have the right to reduce the amount of the Letter of Credit so
that the reduced Letter of Credit amount held by Landlord during the remainder of the Term (as the same may be further extended), shall be an amount equal to $493,703.28 (the “Remaining Letter of Credit”). If Tenant is not entitled
to reduce the Letter of Credit as of the LC Reduction Effective Date set forth above due to Tenant’s failure to fully satisfy the LC Reduction Conditions prior to the LC Reduction Effective Date, then the LC Reduction Effective Date shall be
tolled until such time as Tenant satisfies all of the LC Reduction Conditions. Notwithstanding anything to the contrary contained herein, if Tenant has been in default under this Lease at any time prior to the effective date of any reduction of the
Letter of Credit amount and Tenant has failed to cure such default within any applicable cure period, then Tenant shall have no further right to reduce the amount of the Letter of Credit amount as described herein. If Tenant is entitled to a
reduction in the Letter of Credit amount, Tenant shall provide Landlord with written notice requesting that the Letter of Credit amount be reduced as provided above (the “Reduction Notice”). Concurrent with Tenant’s delivery of
the Reduction Notice, Tenant shall deliver to Landlord for review Tenant’s financial statements prepared in accordance with generally accepted accounting principles and audited by a nationally recognized public accounting firm acceptable to
Landlord, and any other financial information requested by Landlord (“Tenant’s Financial Information”). If Tenant provides Landlord with a Reduction Notice, and Tenant is entitled to reduce the Letter of Credit amount as
provided herein, any reduction in the Letter of Credit amount shall be accomplished by Tenant providing Landlord with a substitute Letter of Credit in the reduced amount, which substitute Letter of Credit shall comply with the requirements of this
Section 39.B. 
 (10) Notwithstanding anything contained in this Section 39.B to the contrary, in the event the Letter of
Credit is reduced pursuant to subparagraph (9) above, Tenant shall have the right to replace the Remaining Letter of Credit with cash, which cash shall thereupon become the Security Deposit held by Landlord under this Lease and shall be

  
 27 

 
subject to the terms and conditions of Section 19 of this Lease. For purposes hereof, the term “cash” shall mean (a) a certified check payable to Landlord, or (b) a
wire of immediately available funds to an account designated by Landlord. In the event that Tenant replaces the Remaining Letter of Credit with cash, Landlord shall promptly return the Remaining Letter of Credit to Tenant following Landlord’s
receipt of such cash security, and thereafter, Tenant shall have no further obligation to maintain the Letter of Credit under this Section 39.B. 

C. Option to Renew. Provided this Lease is in full force and effect and Tenant is not in default under any of the other terms and conditions of this
Lease beyond any applicable notice and cure period at the time of notification or commencement, Tenant shall have two (2) consecutive options to renew (each, a “Renewal Option”) this Lease for five (5) years each (the
“Renewal Term”), for the portion of the Premises being leased by Tenant as of the date the applicable Renewal Term is to commence, on the same terms and conditions set forth in this Lease, except as modified by the terms, covenants
and conditions as set forth below: 
 (1) If Tenant elects to exercise the applicable Renewal Option, then Tenant shall provide
Landlord with written notice no earlier than the date which is three hundred sixty-five (365) days prior to the expiration of the then current Term but no later than the date which is two hundred seventy (270) days prior to the expiration
of the then current Term. If Tenant fails to provide such notice, Tenant shall have no further or additional right to extend or renew the Term. 

(2) During each Renewal Term, the Base Rent in effect at the expiration of the then current Term shall be adjusted to reflect
ninety-five (95%) of the Prevailing Market (defined below) rate. Base Rent shall increase, if at all, in accordance with the increases assumed in the determination of Prevailing Market rate and Base Rent shall be payable in monthly installments
in accordance with the terms and conditions of this Lease. During each Renewal Term, Tenant shall pay Tenant’s Proportionate Share of Operating Expenses for the Premises in accordance with this Lease. Landlord shall advise Tenant of
Landlord’s determination of the new Base Rent for the Premises no later than thirty (30) days after receipt of Tenant’s written request therefor. Said request shall be made no earlier than thirty (30) days prior to the first date
on which Tenant may exercise the applicable Renewal Option under this Section. 
 (3) Within fifteen (15) days after the date on
which Landlord advises Tenant of the Base Rent rate for the applicable Renewal Term, Tenant shall either (i) give Landlord final binding written notice (“Binding Notice”) of Tenant’s agreement with Landlord’s
determination, or (ii) if Tenant disagrees with Landlord’s determination, provide Landlord with written notice of rejection (the “Rejection Notice”). If Tenant fails to provide Landlord with either a Binding Notice or
Rejection Notice within such fifteen (15) day period, Tenant shall be deemed to have delivered a Binding Notice. If Tenant provides (or is deemed to have provided) Landlord with a Binding Notice, Landlord and Tenant shall enter into the Renewal
Amendment (as defined below) upon the terms and conditions set forth herein. If Tenant provides Landlord with a Rejection Notice, Landlord and Tenant shall work together in good faith to agree upon the Base Rent rate for the Premises during the
applicable Renewal Term. Upon agreement, Landlord and Tenant shall enter into the Renewal Amendment in accordance with the terms and conditions hereof. Notwithstanding the foregoing, if Landlord and Tenant fail to agree upon the Base Rent rate
within thirty (30) days after the date Tenant provides Landlord with the Rejection Notice, the Prevailing Market rate for the Premises shall be determined in accordance with the arbitration procedures described in subparagraph (4) below.

 (4) If Landlord and Tenant fail to agree on the Base Rent rate within the thirty (30) day period set forth in subsection
(3) above, Landlord and Tenant, within five (5) days after the date the expiration of such thirty (30) day period, shall each simultaneously submit to the other, in a sealed envelope, its good faith estimate of the Prevailing Market
rate for the Premises during the applicable Renewal Term (collectively referred to as the “Estimates”). If the higher of such Estimates is not more than 105% of the lower of such Estimates, then Prevailing Market rate shall be the
average of the two Estimates. If the Prevailing Market rate is not resolved by the exchange of Estimates, then, within ten (10) business days after the exchange of Estimates, Landlord and Tenant shall each select an appraiser to determine which
of the two Estimates most closely reflects the Prevailing Market rate for the Premises during the applicable Renewal Term. Each appraiser so selected shall be certified as an MAI appraiser or as an ASA appraiser and shall have had at least five
(5) years’ experience within the previous ten (10) years as a real estate appraiser working in San Jose, California, with working knowledge of current rental rates and practices. For purposes hereof, an “MAI” appraiser means
an individual who holds an MAI designation conferred by, and is an independent member of, the American Institute of Real Estate Appraisers (or its successor organization, or in the event there is no successor organization, the organization and
designation most similar), and an “ASA” appraiser means an individual who holds the Senior Member designation conferred by, and is an independent member of, the American Society of 

  
 28 

 
Appraisers (or its successor organization, or, in the event there is no successor organization, the organization and designation most similar). Upon selection, Landlord’s and Tenant’s
appraisers shall work together in good faith to agree upon which of the two Estimates most closely reflects the Prevailing Market rate for the Premises. The Estimate chosen by such appraisers shall be binding on both Landlord and Tenant as the Base
Rent rate for the Premises during the applicable Renewal Term. If either Landlord or Tenant fails to appoint an appraiser within the ten (10) business day period referred to above, the appraiser appointed by the other party shall be the sole
appraiser for the purposes hereof. If the two appraisers cannot agree upon which of the two Estimates most closely reflects the Prevailing Market rate for the applicable Renewal Term within twenty (20) days after their appointment, then, within
ten (10) days after the expiration of such twenty (20) day period, the two appraisers shall select a third appraiser meeting the aforementioned criteria. Once the third appraiser (i.e. arbitrator) has been selected as provided for above,
then, as soon thereafter as practicable but in any case within fourteen (14) days, the arbitrator shall make his determination of which of the two Estimates most closely reflects the Prevailing Market rate and such Estimate shall be binding on
both Landlord and Tenant as the Base Rent rate for the Premises for the applicable Renewal Term. If the arbitrator believes that expert advice would materially assist him, he may retain one or more qualified persons to provide such expert advice.
The parties shall share equally in the costs of the arbitrator and of any experts retained by the arbitrator. Any fees of any appraiser, counsel or experts engaged directly by Landlord or Tenant, however, shall be borne by the party retaining such
appraiser, counsel or expert. 
 (5) If the Prevailing Market rate has not been determined by the commencement date of the applicable
Renewal Term, Tenant shall pay Base Rent upon the terms and conditions in effect during the last month of the then current Term for the Premises, until such time as the Prevailing Market rate has been determined. Upon such determination, the Base
Rent for the Premises shall be retroactively adjusted to the commencement of the applicable Renewal Term for the Premises. If such adjustment results in an underpayment of Base Rent by Tenant, Tenant shall pay Landlord the amount of such
underpayment within thirty (30) days after the determination thereof. If such adjustment results in an overpayment of Base Rent by Tenant, Landlord shall credit such overpayment against the next installment of Base Rent due under this Lease
and, to the extent necessary, any subsequent installments, until the entire amount of such overpayment has been credited against Base Rent. 

(6) If Tenant is entitled to and properly exercises the applicable Renewal Option, Landlord shall prepare an amendment (the
“Renewal Amendment”) to reflect changes in the Base Rent, Term, Expiration Date and other appropriate terms. The Renewal Amendment shall be sent to Tenant within a reasonable time after receipt of the Binding Notice or any later
determination of the Prevailing Market rate in accordance with subparagraph (4) above, as applicable, and Tenant shall execute and return the Renewal Amendment to Landlord within ten (10) days after Tenant’s receipt of same, but, upon
final determination of the Prevailing Market rate applicable during such Renewal Term as described herein, an otherwise valid exercise of the applicable Renewal Option shall be fully effective whether or not the related Renewal Amendment is
executed. 
 (7) Tenant’s Renewal Options are not transferable other than pursuant to a Permitted Transfer; the parties hereto
acknowledge and agree that they intend that the aforesaid option to renew this Lease shall be “personal” to Tenant as set forth above and its Permitted Transferee pursuant to a Permitted Transfer and that in no event will any other
assignee or any sublessee have any rights to exercise the aforesaid option to renew. 
 (8) If Tenant fails to validly exercise the
first Renewal Option, Tenant shall have no further right extend the term of this Lease. In addition, if both Renewal Options are validly exercised or if Tenant fails to validly exercise the second Renewal Option, Tenant shall have no further right
to extend the term of this Lease. 
 (9) For purposes of this Section, “Prevailing Market” shall mean the arms-length
fair market annual rental rate per rentable square foot under renewal leases and amendments entered into on or about the date on which the Prevailing Market is being determined hereunder for space comparable to the Premises in buildings comparable
to the Building in the same rental market in San Jose, California area as of the date the applicable Renewal Term is to commence, taking into account the specific provisions of this Lease which will remain constant. The determination of Prevailing
Market shall take into account any material economic differences between the terms of this Lease and any comparison lease or amendment, such as rent abatements, construction costs and other concessions and the manner, if any, in which the landlord
under any such lease is reimbursed for operating expenses and taxes. The determination of Prevailing Market shall also take into consideration any reasonably anticipated changes in the Prevailing Market rate from the time such Prevailing Market rate
is being determined and the time such Prevailing Market rate will become effective under this Lease. 

  
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 D. Building Signage. 

(1) During the Term, Tenant shall be entitled to one tenant identification sign to be located on the exterior of the Building (the
“Building Signage”). Landlord shall install the initial Building Signage for Tenant at its cost and the design shall be as set forth on Schedule 1 to Exhibit C attached hereto. The exact location of the Building Signage shall
be subject to all applicable Regulations and Landlord’s prior written approval, which approval shall not be unreasonably withheld, conditioned or delayed. The Building Signage shall not be illuminated unless permitted by Regulations and
reasonably approved by Landlord. Such right to the Building Signage is subject to the following terms and conditions: (a) in the event Tenant desires to make any changes to the initial Building Signage, such changes shall be at Tenant’s
sole cost and Tenant shall submit plans and drawings for the Building Signage to Landlord and to the City of San Jose, California and to any other association or public authorities having jurisdiction and shall obtain written approval from Landlord
(which approval of Landlord shall not be unreasonably withheld, conditioned or delayed) and each such jurisdiction prior to installation, and shall fully comply with all applicable Regulations; (b) Tenant shall, at Tenant’s sole cost and
expense, design, construct and install any replacement Building Signage; (c) the size, color and design of the Building Signage shall be subject to Landlord’s prior written approval (which approval shall not be unreasonably withheld,
conditioned or delayed); and (d) Tenant shall maintain the Building Signage in good condition and repair, and all costs of maintenance and repair shall be borne by Tenant. Maintenance shall include, without limitation, cleaning. Notwithstanding
the foregoing, Tenant shall not be liable for any fee in connection with Tenant’s right to display the Building Signage in accordance with this Lease. At Landlord’s option, Tenant’s right to the Building Signage may be revoked and
terminated upon occurrence of any of the following events: (i) Tenant shall be in default under this Lease beyond any applicable cure period; or (ii) Tenant occupies less than fifty percent (50%) of the Premises; and Tenant’s
right to the Building Signage shall terminate in the event this Lease shall terminate or otherwise no longer be in effect. 
 (2) Upon
the expiration or earlier termination of this Lease or at such other time that Tenant’s signage rights are terminated pursuant to the terms hereof, if Tenant fails to remove the Building Signage and repair the Building in accordance with the
terms of this Lease, Landlord shall cause the Building Signage to be removed from the Building and the Building to be repaired and restored to the condition which existed prior to the installation of the Building Signage (including, if necessary,
the replacement of any precast concrete panels), all at the sole cost and expense of Tenant and otherwise in accordance with this Lease, without further notice from Landlord. Notwithstanding anything to the contrary contained in this Lease, Tenant
shall pay all costs and expenses for such removal and restoration within fifteen (15) days following delivery of an invoice therefor. The rights provided in this Section shall be non-transferable (other than pursuant to a Permitted Transfer)
unless otherwise agreed by Landlord in writing in its sole discretion. 
 E. Monument Signage. 

(1) In addition to any other signage permitted under this Lease, during the Term, Tenant shall have the exclusive right to have its name
listed on the monument sign for the Building (the “Monument Sign”), subject to the terms of this Section 39.E. Tenant’s name on the Monument Sign shall be installed by Landlord at its cost, provided that the design, size
and color of Tenant’s signage with Tenant’s name to be included on the Monument Sign, and the manner in which it is attached to the Monument Sign, shall comply with all applicable Regulations and shall be subject to the approval of
Landlord (which approval shall not be unreasonably withheld, conditioned or delayed) and any applicable governmental authorities. Tenant must obtain Landlord’s written consent to any proposed signage and lettering prior to its fabrication and
installation. The location of Tenant’s name on the Monument Sign shall be subject to Landlord’s reasonable approval. To obtain Landlord’s consent, Tenant shall submit design drawings to Landlord showing the type and sizes of all
lettering; the colors, finishes and types of materials used; and (if applicable and Landlord consents in its sole discretion) any provisions for illumination. Although the Monument Sign will be maintained by Landlord, Tenant shall pay the cost of
any maintenance and repair associated with the Monument Sign. 
 (2) Tenant’s signage on the Monument Sign shall be insured,
maintained, repaired and removed from the Monument Sign by Landlord at Tenant’s cost and expense, payable as Additional Rent within thirty (30) days following Landlord’s demand. 

(3) If during the Term (and any extensions thereof) (a) Tenant is in default under the terms of this Lease after
the expiration of applicable cure periods; (b) Tenant leases and occupies less than fifty percent (50%) of the Premises; or (c) Tenant assigns this Lease (other than pursuant to a Permitted Transfer), or if this Lease or
Tenant’s right to possession shall terminate, then Tenant’s rights granted herein will terminate and Landlord may remove 

  
 30 

 
Tenant’s name from the Monument Sign at Tenant’s sole cost and expense and restore the Monument Sign to the condition it was in prior to installation of Tenant’s signage thereon,
ordinary wear and tear excepted. The cost of such removal and restoration shall be payable as additional rent within thirty (30) days of Landlord’s demand. 

(4) The rights provided in this Section 39.E shall be non-transferable except in connection an assignment of this Lease pursuant to
Section 21. 
 F. Roof Rights. 

(1) During the initial Term and any extension thereof, at no additional monthly charge, Tenant shall have the right to install (in
accordance with Section 12 of this Lease), operate and maintain on the roof of the Building a dish/antenna or other communication device (the “Dish/Antenna”) to be approved by Landlord (which approval shall not be unreasonably
withheld, conditioned or delayed). The location of the space on the roof designated by Landlord to be leased by Tenant is referred to herein as the “Roof Space”. Landlord reserves the right to relocate the Roof Space as reasonably
necessary during the Term. Landlord’s designation shall take into account Tenant’s use of the Dish/Antenna. Notwithstanding the foregoing, Tenant’s right to install the Dish/Antenna shall be subject to the approval rights of Landlord
(which approval shall not be unreasonably withheld, conditioned or delayed) with respect to the plans and specifications of the Dish/Antenna, the size of the Dish/Antenna, the manner in which the Dish/Antenna is attached to the roof of the Building
and the manner in which any cables are run to and from the Dish/Antenna. The precise specifications and a general description of the Dish/Antenna, or any replacements thereof, along with all documents Landlord reasonably requires to review the
installation of the Dish/Antenna (the “Plans and Specifications”) shall be submitted to Landlord for Landlord’s written approval no later than twenty (20) days before Tenant commences to install the Dish/Antenna. Tenant
shall be solely responsible for obtaining and maintaining all necessary governmental and regulatory approvals and for the cost of installing, operating, maintaining and removing the Dish/Antenna. Tenant shall notify Landlord upon completion of the
installation of the Dish/Antenna. If Landlord determines that the Dish/Antenna equipment does not comply with the approved Plans and Specifications, that the Building has been damaged during installation of the Dish/Antenna or that the installation
was defective, Landlord shall notify Tenant of any noncompliance or detected problems and Tenant immediately shall cure the defects. If the Tenant fails to immediately cure the defects, Tenant shall pay to Landlord upon demand the cost, as
reasonably determined by Landlord, of correcting any defects and repairing any damage to the Building caused by such installation. If at any time Landlord, in its sole discretion, deems it necessary, Tenant shall provide and install, at
Tenant’s sole cost and expense, appropriate aesthetic screening, reasonably satisfactory to Landlord, for the Dish/Antenna (the “Aesthetic Screening”). 

(2) Landlord agrees that Tenant shall have access to the roof of the Building and the Roof Space for the purpose of installing,
maintaining, repairing and removing the Dish/Antenna, the appurtenances and the Aesthetic Screening, if any, all of which shall be performed by Tenant or Tenant’s authorized representative or contractors, which shall be approved by Landlord, at
Tenant’s sole cost and risk. It is agreed, however, that only authorized engineers, employees or properly authorized contractors of Tenant, FCC (defined below) inspectors, or persons under their direct supervision will be permitted to have
access to the roof of the Building and the Roof Space. Tenant further agrees to exercise firm control over the people requiring access to the roof of the Building and the Roof Space in order to keep to a minimum the number of people having access to
the roof of the Building and the Roof Space and the frequency of their visits. It is further understood and agreed that the installation, maintenance, operation and removal of the Dish/Antenna, the appurtenances and the Aesthetic Screening, if any,
is not permitted to damage the Building or the roof thereof. Tenant agrees to be responsible for any damage caused to the roof or any other part of the Building, which may be caused by Tenant or any Tenant Parties. 

(3) Tenant agrees to install and maintain only equipment of types and frequencies which will not cause unreasonable interference to
Landlord. In the event Tenant’s equipment causes such interference, Tenant will change the frequency on which it transmits and/or receives and take any other steps necessary to eliminate the interference. If said interference cannot be
eliminated within a reasonable period of time, in the judgment of Landlord, then Tenant agrees to remove the Dish/Antenna from the Roof Space. So long as Tenant is not in default beyond any applicable notice and cure period and is leasing the entire
Building, Landlord shall not lease any space on the roof of the Building to third parties. Tenant shall, at its sole cost and expense, and at its sole risk, install, operate and maintain the Dish/Antenna in a good and workmanlike manner, and in
compliance with all Building, electric, communication, and safety codes, ordinances, standards, regulations and requirements, now in effect or hereafter promulgated, of the Federal Government, including, without limitation, the Federal
Communications Commission (the “FCC”), the Federal Aviation Administration (“FAA”) or any successor agency of either the FCC 

  
 31 

 
or FAA having jurisdiction over radio or telecommunications, and of the state, city and county in which the Building is located. Under this Lease, the Landlord and its agents assume no
responsibility for the licensing, operation and/or maintenance of Tenant’s equipment. Tenant has the responsibility of carrying out the terms of its FCC license in all respects. The Dish/Antenna shall be connected to Landlord’s power
supply in strict compliance with all applicable Building, electrical, fire and safety codes. Subject to Section 8.C, neither Landlord nor any Landlord Party shall be liable to Tenant for any stoppages or shortages of electrical power furnished
to the Dish/Antenna or the Roof Space because of any act, omission or requirement of the public utility serving the Building or for any other cause beyond the reasonable control of Landlord, and Tenant shall not be entitled to any rental abatement
for any such stoppage or shortage of electrical power. Neither Landlord any Landlord Entity shall have any responsibility or liability for the conduct or safety of any of Tenant’s representatives, repair, maintenance and engineering personnel
while in or on any part of the Building or the Roof Space. 
 (4) The Dish/Antenna, the appurtenances and the Aesthetic Screening, if
any, shall remain the personal property of Tenant, and shall be removed by Tenant at its own expense at the expiration or earlier termination of this Lease or Tenant’s right to possession hereunder. Tenant shall repair any damage caused by such
removal, including the patching of any holes to match, as closely as possible, the color surrounding the area where the equipment and appurtenances were attached. Tenant agrees to maintain all of the Tenant’s equipment placed on or about the
roof or in any other part of the Building in proper operating condition and maintain same in satisfactory condition as to appearance and safety in Landlord’s reasonable discretion. Tenant agrees that at all times during the Term, it will keep
the roof of the Building and the Roof Space free of all trash or waste materials produced by Tenant or the Tenant Parties. 
 (5) In
light of the specialized nature of the Dish/Antenna, Tenant shall be permitted to utilize the services of its choice for installation, operation, removal and repair of the Dish/Antenna, the appurtenances and the Aesthetic Screening, if any, subject
to the reasonable approval of Landlord. Notwithstanding the foregoing, Tenant must provide Landlord with prior written notice of any such installation, removal or repair and coordinate such work with Landlord in order to avoid voiding or otherwise
adversely affecting any warranties granted to Landlord with respect to the roof. If necessary, Tenant, at its sole cost and expense, shall retain any contractor having a then existing warranty in effect on the roof to perform such work (to the
extent that it involves the roof), or, at Tenant’s option, to perform such work in conjunction with Tenant’s contractor. In the event the Landlord contemplates roof repairs that could affect Tenant’s Dish/Antenna, or which may result
in an interruption of the Tenant’s telecommunication service, Landlord shall formally notify Tenant at least thirty (30) days in advance (except in cases of an emergency) prior to the commencement of such contemplated work in order to
allow Tenant to make other arrangements for such service. 
 (6) Tenant shall not allow any provider of telecommunication, video, data
or related services (“Communication Services”) to locate any equipment on the roof of the Building or in the Roof Space for any purpose whatsoever, nor may Tenant use the Roof Space and/or Dish/Antenna to provide Communication
Services to an unaffiliated tenant, occupant or licensee of another building, or to facilitate the provision of Communication Services on behalf of another Communication Services provider to an unaffiliated tenant, occupant or licensee of the
Building or any other building. 
 (7) If Tenant defaults under any of the terms and conditions of this Section or this Lease, and
Tenant fails to cure said default within any applicable notice and cure period, Landlord shall be permitted to exercise all remedies provided under the terms of this Lease, including removing the Dish/Antenna, the appurtenances and the Aesthetic
Screening, if any, and restoring the Building and the Roof Space to the condition that existed prior to the installation of the Dish/Antenna, the appurtenances and the Aesthetic Screening, if any. If Landlord removes the Dish/Antenna, the
appurtenances and the Aesthetic Screening, if any, as a result of an uncured default, Tenant shall be liable for all costs and expenses Landlord incurs in removing the Dish/Antenna, the appurtenances and the Aesthetic Screening, if any, and
repairing any damage to the Building, the roof of the Building and the Roof Space caused by the installation, operation or maintenance of the Dish/Antenna, the appurtenances, and the Aesthetic Screening, if any. Tenant’s rights pursuant to this
Section are personal to the named Tenant under this Lease and its Permitted Transferee and are not otherwise transferable to any other party. 
 G.
Generator. 
 (1) As a part of the Tenant Improvements, Landlord shall install a supplemental generator (the
“Generator”) and an above ground fuel tank (the “Tank”), as more particularly described in Schedule 1 to the Work Letter, to provide emergency additional electrical capacity to the Premises during the Term.
The Generator and the Tank shall 

  
 32 

 
be installed in the location designated by Landlord at the Building (the “Generator Area”). Notwithstanding the foregoing, any replacement Generator and Tank that Tenant desires
to install shall be subject to Landlord’s approval (which shall not be unreasonably withheld, conditioned or delayed) of the size of the Generator and Tank, the manner in which the Generator and the Tank are installed, the manner in which any
fuel pipe is installed, the manner in which any ventilation and exhaust systems are installed, the manner in which any cables are run to and from the Generator to the Premises and the measures that will be taken to eliminate any vibrations or sound
disturbances from the operation of the Generator, including, without limitation, any necessary two (2) hour rated enclosures or sound installation. Landlord shall have the right to require an acceptable enclosure to hide or disguise the
existence of the Generator and the Tank and to minimize any adverse effect that the installation of the Generator and the Tank may have on the appearance of the Building. Tenant shall be solely responsible for obtaining all necessary governmental
and regulatory approvals and for the cost of installing (with respect to any replacements thereof), operating, maintaining and removing the Generator and the Tank. Tenant shall not install or operate the Generator or the Tank until Tenant has,
obtained and submitted to Landlord copies of all required governmental permits, licenses and authorizations (if any) necessary for the installation (with respect to any replacement thereof) and operation of the Generator and the Tank. In addition
to, and without limiting Tenant’s obligations under the Lease, Tenant shall comply with all applicable environmental and fire prevention Regulations pertaining to Tenant’s use of the Generator Area. Tenant shall also be responsible for the
cost of all utilities consumed in the operation of the Generator and the Tank. 
 (2) Tenant shall be responsible for assuring that
installation (with respect to any replacement thereof), maintenance, operation and removal of the Generator and the Tank shall in no way damage any portion of the Building. To the maximum extent permitted by Regulations but subject to
Section 8.C, the Generator and the Tank and all appurtenances in the Generator Area shall be at the sole risk of Tenant, and Landlord shall have no liability to Tenant if the Generator, the Tank or any appurtenances installations are damaged
for any reason. Tenant agrees to be responsible for any damage caused to the Building in connection with the installation (with respect to any replacement thereof), maintenance, operation or removal of the Generator and Tank and, in accordance with
the terms of this Section, to indemnify, defend and hold Landlord and the Landlord Parties harmless from all liabilities, obligations, damages, penalties, claims, costs, charges and expenses, including, without limitation, reasonable
architects’ and attorneys’ fees which may be imposed upon, incurred by, or asserted against Landlord or any of the Landlord Parties in connection with the installation (with respect to any replacement thereof), maintenance, operation or
removal of the Generator and the Tank, including, without limitation, any environmental and hazardous materials claims. In addition to, and without limiting Tenant’s obligations under the Lease, Tenant covenants and agrees that the installation
and use of the Generator and the Tank and appurtenances shall not adversely affect the insurance coverage for the Building. If for any reason, the installation or use of the Generator, the Tank and/or the appurtenances shall result in an increase in
the amount of the premiums for such coverage, then Tenant shall be liable for the full amount of any such increase upon receipt of an invoice together with reasonably supporting documentation of such increase. 

(3) Tenant shall be responsible for the operation, cleanliness, maintenance and removal of the Generator and the Tank and the
appurtenances, all of which shall remain the personal property of Tenant, and shall be removed by Tenant at its own expense at the expiration or earlier termination of this Lease. Tenant shall repair any damage caused by such removal, including the
patching of any holes to match, as closely as possible, the color surrounding the area where the Generator, Tank and appurtenances were attached. Tenant shall take the Generator Area “as is” in the condition in which the Generator, Tank
and Generator Area are in as of the Commencement Date. Without limiting the foregoing, Landlord makes no warranties or representations to Tenant as to the suitability of the Generator Area for the installation and operation of the Generator or the
Tank. Tenant shall have no right to make any changes, alterations, additions, decorations or other improvements to the Generator Area without Landlord’s prior written consent (which consent shall not be unreasonably withheld, conditioned or
delayed). Tenant agrees to maintain the Generator and the Tank, including without limitation, any enclosure installed around the Generator and the Tank in good condition and repair. 

(4) Tenant, upon prior notice to Landlord and subject to the reasonable rules and regulations enacted by Landlord, shall have access to
the Generator and the Tank and its surrounding area for the purpose of repairing, maintaining and removing said Generator and the Tank. 

(5) Tenant shall be permitted to use the Generator Area solely for the maintenance and operation of the Generator and the Tank, and the
Generator, Tank and Generator Area are solely for the benefit of Tenant. All electricity generated by the Generator may only be consumed in the Premises. Landlord shall have no obligation to provide any services, including, without limitation,
electric current, to the Generator Area 

  
 33 

 (6) Tenant shall have no right to sublet the Generator Area or to assign its interest
hereunder except in connection with a Permitted Transfer or as otherwise expressly approved by Landlord pursuant to Section 21. 

(7) Notwithstanding anything to the contrary contained herein, if at any time during the Term Landlord reasonably determines, that the
Generator, Tank and/or any appurtenances materially or adversely interfere with the operations of the Building then Tenant shall, upon notice from Landlord, cease any further operation of the Generator and Tank until Tenant shall have redesigned and
modified the Generator, Tank and/or installations in a manner reasonably approved by Landlord to eliminate such material or adverse interference; provided however, that Landlord’s approval of such redesign and modification shall constitute the
mere permission to operate the Generator and the Tank, which permission shall in no event be construed to abrogate or diminish Landlord’s rights or Tenant’s obligations under this Section or this Lease. 

(8) During the Term, Tenant shall not be obligated to pay Landlord any monthly charge or fee for the use of the Generator Area. 

40. JURY TRIAL WAIVER 
 EACH PARTY HERETO
(WHICH INCLUDES ANY ASSIGNEE, SUCCESSOR HEIR OR PERSONAL REPRESENTATIVE OF A PARTY) SHALL NOT SEEK A JURY TRIAL, HEREBY WAIVES TRIAL BY JURY, AND HEREBY FURTHER WAIVES ANY OBJECTION TO VENUE IN THE COUNTY IN WHICH THE BUILDING IS LOCATED, AND AGREES
AND CONSENTS TO PERSONAL JURISDICTION OF THE COURTS OF THE STATE IN WHICH THE PROPERTY IS LOCATED, IN ANY ACTION OR PROCEEDING OR COUNTERCLAIM BROUGHT BY ANY PARTY HERETO AGAINST THE OTHER ON ANY MATTER WHATSOEVER ARISING OUT OF OR IN ANY WAY
CONNECTED WITH THIS LEASE, THE RELATIONSHIP OF LANDLORD AND TENANT, TENANT’S USE OR OCCUPANCY OF THE PREMISES, OR ANY CLAIM OF INJURY OR DAMAGE, OR THE ENFORCEMENT OF ANY REMEDY UNDER ANY STATUTE, EMERGENCY OR OTHERWISE, WHETHER ANY OF THE
FOREGOING IS BASED ON THIS LEASE OR ON TORT LAW. EACH PARTY REPRESENTS THAT IT HAS HAD THE OPPORTUNITY TO CONSULT WITH LEGAL COUNSEL CONCERNING THE EFFECT OF THIS SECTION 40. THE PROVISIONS OF THIS SECTION 40 SHALL SURVIVE THE EXPIRATION OR EARLIER
TERMINATION OF THIS LEASE. 
 [SIGNATURE PAGE FOLLOWS] 

  
 34 

 IN WITNESS WHEREOF, the parties hereto have executed this Lease as of the day and the year first
above written. 
  

									
	LANDLORD:	 		 	TENANT:
			
	CREFII-RCI ORCHARD, LLC,	 		 	PROTEINSIMPLE,
	a Delaware limited liability company	 		 	a Delaware corporation
					
	By:	 	 RCI Orchard, LLC
 A Delaware limited liability
company,
its Manager
	 		 	By:	 	  

		 		 		 	Name:	 	  

		 		 		 	Its:	 	  

  

			
	By:	 	  

	Name: Trevor C. Wilson
	Its: Manager

  
 35 

 EXHIBIT A 

RULES AND REGULATIONS 

This Exhibit is attached to and made a part of the Lease by and between CREFII-RCI ORCHARD, LLC, a Delaware limited liability company
(“Landlord”), and PROTEINSIMPLE, a Delaware corporation (“Tenant”) for space in the Building located at 3001 Orchard Parkway, San Jose, California. 

 

	1.	Driveways, sidewalks, halls, passages, exits, entrances, elevators, escalators and stairways shall not be obstructed by tenants or used by tenants for any purpose other than for ingress to and egress from their
respective premises. Except as expressly permitted by the Lease, no tenant, and no employees or invitees of any tenant, shall go upon the roof of any Building, except as authorized by Landlord. 

 

	2.	Except as provided in the Lease, no sign, placard, banner, picture, name, advertisement or notice, visible from the exterior of the Premises or the Building shall be inscribed, painted, affixed, installed or otherwise
displayed by Tenant either on its Premises or any part of the Building without the prior written consent of Landlord in Landlord’s sole and absolute discretion. Landlord shall have the right to remove any such sign, placard, banner, picture,
name, advertisement, or notice without notice to and at the expense of Tenant, which were installed or displayed in violation of this rule. 

  

	3.	The directory of the Building will be provided exclusively for the display of the name and location of tenants only and Landlord reserves the right to exclude any other names therefrom. 

 

	4.	Except as provided as a part of the Tenant Improvements, no curtains, draperies, blinds, shutters, shades, screens or other coverings, awnings, hangings or decorations shall be attached to, hung or placed in, or used in
connection with, any window or door on the Premises without the prior written consent of Landlord. In any event with the prior written consent of Landlord, all such items shall be installed inboard of Landlord’s standard window covering and
shall in no way be visible from the exterior of the Building. All electrical ceiling fixtures hung in offices or spaces along the perimeter of the Building must be fluorescent or of a quality, type, design, and bulb color approved by Landlord. No
articles shall be placed or kept on the window sills so as to be visible from the exterior of the Building. No articles shall be placed against glass partitions or doors which Landlord considers unsightly from outside Tenant’s Premises.

  

	5.	During the continuance of any invasion, mob, riot, public excitement or other circumstance rendering such action advisable in Landlord’s opinion, Landlord reserves the right (but shall not be obligated) to prevent
access to the Building during the continuance of that event by any means it considers appropriate for the safety of tenants and protection of the Building, property in the Building and the Project. Landlord and its agents shall not be liable for
damages for any error concerning the admission to, or exclusion from, the Building of any person. 

  

	6.	Tenant shall not alter any lock or access device or install a new or additional lock or access device or bolt on any door of its Premises, without the prior written consent of Landlord. If Landlord shall give its
consent, Tenant shall in each case furnish Landlord with a key for any such lock. Tenant, upon the termination of its tenancy, shall deliver to Landlord the keys for all doors which have been furnished to Tenant, and in the event of loss of any keys
so furnished, shall pay Landlord therefor. 

  

	7.	The restrooms, toilets, urinals, wash bowls and other apparatus shall not be used for any purpose other than that for which they were constructed and no foreign substance of any kind whatsoever shall be thrown into
them. The expense of any breakage, stoppage, or damage resulting from violation of this rule shall be borne by the tenant who, or whose employees or invitees, shall have caused the breakage, stoppage, or damage. 

 

	8.	Tenant shall not use or keep in or on the Premises or the Project any kerosene, gasoline, or inflammable or combustible fluid or material except in strict accordance with the terms of the Lease. 

 

	9.	Tenant shall not use, keep or permit to be used or kept in its Premises any foul or noxious gas or substance. No animals (other than service animals) or birds or reptiles be brought or kept in or about the Premises or
the Project. 

  

	10.	Tenant shall not accept hairstyling, barbering, shoeshine, nail, massage or similar services in the Premises or common areas except as authorized by Landlord. 

  
 A-1 

	11.	If Tenant requires telegraphic, telephonic, telecommunications, data processing, burglar alarm or similar services, it shall first obtain, and comply with, Landlord’s instructions in their installation, if any,
provided in advance to Tenant in writing. The cost of purchasing, installation and maintenance of such services shall be borne solely by Tenant. 

  

	12.	Landlord will direct electricians as to where and how telephone, telegraph and electrical wires are to be introduced or installed. No boring or cutting for wires will be allowed without the prior written consent of
Landlord. The location of burglar alarms, telephones, call boxes and other office equipment affixed to the Premises shall be subject to the prior written approval of Landlord. 

 

	13.	Tenant shall not install any radio or television antenna, satellite dish, loudspeaker or any other device on the exterior walls or the roof of the Building, without Landlord’s consent. Tenant shall not interfere
with radio or television broadcasting or reception from or in the Building or elsewhere. 

  

	14.	Tenant shall not mark, or drive nails, screws or drill into the partitions, woodwork or drywall or in any way deface the Premises or any part thereof. Tenant shall not lay linoleum, tile, carpet or any other floor
covering so that the same shall be affixed to the floor of its Premises in any manner except as approved in writing by Landlord. The expense of repairing any damage resulting from a violation of this rule or the removal of any floor covering shall
be borne by the tenant by whom, or by whose contractors, employees or invitees, the damage shall have been caused. 

  

	15.	Tenant shall not place a load upon any floor of its Premises which exceeds the load per square foot which such floor was designed to carry or which is allowed by law. 

 

	16.	Each tenant shall store all its trash and garbage within the interior of the Premises or as otherwise directed by Landlord from time to time. Tenant shall not place in the trash boxes or receptacles any personal trash
or any material that may not or cannot be disposed of in the ordinary and customary manner of removing and disposing of trash and garbage in the city, without violation of any law or ordinance governing such disposal. 

 

	17.	Landlord shall have the right, exercisable without notice and without liability to any tenant, to change the name and address of the Building. 

 

	18.	Landlord reserves the right to exclude or expel from the Building any person who, in Landlord’s judgment, is under the influence of alcohol or drugs or who commits any act in violation of any of these Rules and
Regulations. 

  

	19.	Without the prior written consent of Landlord, Tenant shall not use the name of the Building or the Project or any photograph or other likeness of the Building in connection with, or in promoting or advertising,
Tenant’s business except that Tenant may include the Building’s name in Tenant’s address. 

  

	20.	Tenant shall comply with all safety, fire protection and evacuation procedures and regulations established by Landlord or any governmental agency. 

 

	21.	Tenant assumes any and all responsibility for protecting its Premises from theft, robbery and pilferage, which includes keeping doors locked and other means of entry to the Premises closed. 

 

	22.	Vehicles parked on the Project overnight without prior written consent of the Landlord shall be deemed abandoned and shall be subject to tow-away at vehicle owner’s expense. Notwithstanding the foregoing but
subject to Regulations, Tenant shall be entitled to park its company-owned and employee-owned vehicles overnight from time to time, provided that (a) any such vehicles parked overnight shall be at Tenant’s sole risk, and (b) Landlord
shall not directly or indirectly be liable to Tenant or any other person for any damage, loss or theft related to such overnight parking of vehicles and Tenant hereby waives any and all claims, known or unknown, against and releases Landlord and the
Landlord Parties from any and all claims arising as a consequence of or related to any such damage, loss or theft. The parking areas shall not be used to provide car wash, oil changes, detailing, automotive repair or other services unless otherwise
approved or furnished by Landlord. 

  

	23.	All products, goods and materials must be manipulated, handled, kept, and stored within the Premises and not in any Exterior Areas, including, but not limited to, exterior dock platforms (if any), against the exterior
of the Building, parking areas and driveway areas of the Project. Tenant also agrees to keep the exterior of the Premises clean and free of nails, wood, pallets, packing materials, barrels and any other debris produced from their operation.

  
 A-2 

	24.	Tenant shall be responsible for the observance of all of the foregoing Rules and Regulations all Tenant Parties. 

  

	25.	Landlord reserves the right to make such other and reasonable rules and regulations as in its judgment may from time to time be needed for safety and security, for care and cleanliness of the Building and the Project
and for the preservation of good order therein. Tenant agrees to abide by all such Rules and Regulations herein stated and any additional rules and regulations which are adopted. In the event of a conflict between the following rules and regulations
and the terms of the Lease, the terms of the Lease shall control. 

 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 A-3 

 EXHIBIT B 

OUTLINE AND LOCATION OF PREMISES 

This Exhibit is attached to and made a part of the Lease by and between CREFII-RCI ORCHARD, LLC, a Delaware limited liability company
(“Landlord”), and PROTEINSIMPLE, a Delaware corporation (“Tenant”) for space in the Building located at 3001 Orchard Parkway, San Jose, California. 

 
  
 

 

  
 B-1 

 EXHIBIT C 

WORK LETTER 
 This Exhibit
(this “Work Letter”) is attached to and made a part of the Lease by and between CREFII-RCI ORCHARD, LLC, a Delaware limited liability company (“Landlord”), and PROTEINSIMPLE, a Delaware corporation
(“Tenant”) for space in the Building located at 3001 Orchard Parkway, San Jose, California. 
 1. DEFINITIONS. 

“Additional Tenant Work” shall have the meaning set forth in Section 4.2 below.  

“Approved Plans” shall have the meaning set forth in Section 2 below. 

“Cost of Improvements” shall mean the total of all hard and soft costs associated with or caused by the construction of the Tenant
Improvements in accordance with the Approved Plans that are not Tenant’s obligation to pay pursuant to this Work Letter. 
 “Space
Planner” shall mean Modulus Architecture and Design. 
 “Space Plans” shall mean, collectively, those certain plans and scope of
work (“Scope of Work”) prepared by the Space Planner, dated February 27, 2014 and attached to this Exhibit as Schedule 1. 

“Standards” shall mean Landlord’s specifications for standard tenant improvements for the Building attached hereto as Schedule 2.
Landlord reserves the right to change or substitute specifications of substantially similar quality to the extent required by Regulations or in the event such specifications are no longer reasonably available, are defective, or are no longer cost
effective, as determined by Landlord in its good faith discretion. 
 “Tenant Improvements” shall mean all improvements to be constructed
by Landlord in the Premises pursuant to this Work Letter. 
 Other terms are defined in this Work Letter. In addition, terms defined in the Lease have the
same meanings where used herein, unless the context otherwise requires. 
 2. DEVELOPMENT OF APPROVED PLANS. Landlord and Tenant acknowledge that
they have approved the Space Plans for the Premises. Landlord shall engage the Space Planner and engineers to prepare all architectural and engineering plans and specifications required for the construction of the Tenant Improvements in conformance
with the Space Plans and the Standards (the “Working Drawings”) and to prepare drawings and specifications for Additional Tenant Work if any. Landlord shall submit Working Drawings to Tenant for approval, which shall not be
unreasonably withheld, conditioned or delayed. Within five (5) days after submission of such plans and drawings to Tenant, Tenant shall provide Landlord with written notice of its approval or disapproval of such plans and drawings. If Tenant
disapproves any part of the submission, the disapproval shall include written instructions adequate for the Space Planner and engineers to revise the Space Plans and Working Drawings. The final approved Working Drawings are referred to herein as the
“Approved Plans”. After receiving such notice of disapproval, Landlord shall cause the Space Planner and the engineers to revise the Working Drawings, taking into account the reasons for Tenant’s disapproval (provided, however,
that Landlord shall not be required to cause the Space Planner or the engineers to make any revision to the Working Drawings that, in Landlord’s reasonable judgment, would (a) cause the Working Drawings to (i) fail to conform strictly
to the Space Plans, or (ii) fail to comply with Regulations or the with Landlord’s requirements for avoiding aesthetic, engineering or other conflicts with the design and function of the Building (collectively, the “Landlord
Requirements”), or (b) increase the cost of the Tenant Improvements unless Tenant agrees in writing to pay for such excess costs pursuant to Section 4.2 below. If Tenant fails to approve the Space Plans and/or the Working Drawings
within the applicable periods set forth above, then (A) Landlord shall not be obligated to commence construction of the Tenant Improvements, and (B) Tenant shall be responsible for any resulting Tenant Delay, and the cost of such Tenant
Delay, in Tenant’s completion of the Tenant Improvements. 
 3. DEVIATIONS FROM STANDARDS. In preparation of the Approved Plans or of
plans for any additional work or any changes to the Approved Plans, except as otherwise approved by Landlord in writing, no deviation shall be permitted from the Standards with respect to entry doors and hardware, ceiling systems, demising
partitions, HVAC systems, life safety systems or perimeter window coverings. Subject to Landlord’s approval Tenant may deviate from other Standards, provided 

  
 C-1 

 that no deviation shall be of lesser quality than the Standards. Any items so approved that become fixtures to
the Premises shall become the property of Landlord upon the termination hereof. Any such deviations must conform to applicable Regulations, must not require unreasonable additional building services, delay the construction schedule, or be of a
nature or quality inconsistent with Landlord’s overall plan or objectives for the Building. 
 4. TENANT IMPROVEMENT CONSTRUCTION. 

4.1 All Tenant Improvements to be constructed or installed in the Premises shall be performed by a general contractor selected by
Landlord (“Contractor”) and in accordance with the Approved Plans (subject to such changes as may be required by any governmental agency). Landlord shall not be required to commence work until the Approved Plans are filed with the
governmental agencies having jurisdiction thereof and all required building permits have been obtained. Landlord may cause the Approved Plans to be changed as may be required by any governmental agency, or as may be required due to structural or
unanticipated field conditions. Landlord shall notify Tenant concerning any such changes promptly after Landlord becomes aware that they are required. 

4.2 If Tenant desires (a) any change in the Working Drawings such that they are no longer a logical extension of the Space Plan or
modify the Scope of Work, as reasonably determined by Landlord, (b) any change the Approved Plans or (c) that Landlord perform any work in addition to the Tenant Improvements in accordance with the Approved Plans to be performed in the
Premises (each, a “Change Order”), then Landlord, at Tenant’s expense, shall cause plans and specifications for such Change Order to be prepared by the Space Planner. All plans and specifications for a Change Order shall be
subject to review and approval by Landlord to insure, among other things, that the work is compatible with all other construction and all electrical and mechanical systems within the Building (provided, however, that Landlord shall not be required
to cause the Space Planner or the engineers to make any revision to the Approved Drawings that, in Landlord’s reasonable judgment, would cause the Approved Drawings to fail to comply with Regulations or the Landlord Requirements. Landlord shall
submit to Tenant a written estimate setting forth the anticipated cost of the Change Order, including but not limited to labor and materials, contractor’s fees and permit fees and whether as a result of such Change Order there is an increase in
the Cost of Improvements (such amounts being herein referred to as the “Excess Costs”) or whether such Change Order, by eliminating any portion of the Tenant Improvements described in the Space Plans and/or Scope of Work reduces the
Cost of Improvements. Within three (3) days thereafter, Tenant shall either notify Landlord in writing of its approval of the cost estimate for the Change Order, or specify its objections thereto and any desired changes to the proposed Change
Order. If Tenant notifies Landlord of such objections and desired changes, Tenant shall work with Landlord to reach a mutually acceptable alternative cost estimate. In the absence of such written authorization, Landlord shall have the option to
continue work on the Premises disregarding the requested Change Order, or Landlord may elect to discontinue work on the Premises until it receives notice of Tenant’s decision, in which event Tenant shall be responsible for any Tenant Delay in
the Substantial Completion of the Tenant Improvements resulting therefrom. If such revisions result in a higher estimate of the cost of construction and/or higher actual construction costs, Tenant shall pay such Excess Costs, plus any applicable
state sales or use tax thereon, within ten (10) days following Landlord’s demand. In the event that, upon completion of the Tenant Improvements, Landlord determines that the Change Orders requested by Tenant pursuant to this Section
resulted in a net decrease in the Cost of Improvements, then Landlord shall deduct any net savings in the Cost of Improvements resulting from such Change Orders (if any) from the amount of Tenant’s Contribution (defined below) of the Cost of
Improvements payable by Tenant pursuant to Section 6 below, provided that the maximum amount of such deduction (if any) shall in no event exceed $100,000 in the aggregate. The statements of costs submitted to Landlord by Landlord’s
Contractor shall be conclusive for purposes of determining the actual cost of the items described therein. The amounts payable by Tenant hereunder constitute Rent payable pursuant to the Lease. Any delay in the Substantial Completion of the Tenant
Improvements arising from or relating to a Change Order shall constitute a Tenant Delay. 
 4.3 Tenant shall use commercially
reasonable efforts to cooperate with Landlord and its Space Planner, engineers and other consultants to complete all phases of the Plans and obtain the permits for the Tenant Improvement Work as soon as possible after the execution of this
Agreement, and Tenant shall meet with Landlord, in accordance with a schedule determined by Landlord, to discuss the parties’ progress. 
 5.
COMMUNICATIONS EQUIPMENT. Notwithstanding anything contained herein to the contrary, it shall be the responsibility of Tenant to place firm orders for communications equipment and its installation so as to insure the completion of Tenant’s
telephones and other communications facilities concurrent with or prior to the Commencement Date. Failure to have Tenant’s communications facilities completed and operable shall not be cause for the extension of the Commencement Date.

  
 C-2 

 6. COST OF TENANT IMPROVEMENTS. Provided Tenant is not then in default under the Lease beyond any
applicable notice and cure period, and except as otherwise provided herein, Landlord shall pay for the Cost of Improvements; provided that notwithstanding the foregoing, Tenant hereby acknowledges and agrees that subject to the terms of
Section 4.2 above, Tenant shall pay, as Additional Rent, $100,000 of the Cost of Improvements (“Tenant’s Contribution”), which Tenant’s Contribution shall be payable upon Landlord’s demand following Substantial
Completion of the Tenant Improvements. 
 7. TENANT’S ENTRY INTO THE PREMISES PRIOR TO SUBSTANTIAL COMPLETION. Provided that Tenant and
any Tenant Party do not interfere with Contractor’s work in the Building and the Premises, Landlord shall allow Tenant access to the Premises thirty (30) days prior to Landlord’s estimate of the date for the Substantial Completion of
the Tenant Improvements (the “Fit Up Period”), at its sole risk following the mutual execution and delivery of the Lease (but prior to the Fit Up Period), solely for the purpose of installing equipment and fixtures (including
Tenant’s data and telephone equipment) in the Premises; provided, however, that Tenant may access the Premises, at Tenant’s sole risk and at such times and Landlord may reasonably approve solely for the purposes of taking measurements and
for space planning purposes. Prior to Tenant’s entry into the Premises as permitted by the terms of this Section, Tenant shall deliver insurance certificates required hereunder and shall submit a schedule to Landlord and Contractor, for their
approval, which schedule shall detail the timing and purpose of Tenant’s entry. Tenant shall hold Landlord harmless from and indemnify, protect and defend Landlord against any loss or damage to the Building or Premises and against injury to any
persons caused by Tenant’s actions pursuant to this Section. Tenant’s entry shall be subject to the terms of the Lease, except that Base Rent and Tenant’s Proportionate Share of Operating Expenses shall not commence until the
Commencement Date. Landlord may withdraw such permission to enter the Premises prior to the Commencement Date at any time that Landlord reasonably determines that such entry by Tenant is causing a dangerous situation for Landlord, Tenant or their
respective contractors or employees, or if Landlord reasonably determines that such entry by Tenant is hampering or otherwise preventing Landlord from proceeding with the completion of the Tenant Improvements at the earliest possible date.

 8. GENERAL. All drawings, space plans, plans and specifications for any improvements or installations in the Premises are expressly subject to
Landlord’s prior written approval. Any approval by Landlord or Landlord’s architects or engineers of any drawings, plans or specifications prepared on behalf of Tenant shall not constitute a representation or warranty by Landlord as to the
adequacy or sufficiency of such drawings, plans or specifications, or the improvement to which they relate, but such approval shall merely evidence the consent of Landlord to Tenant’s drawings, plans or specifications. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 C-3 

 SCHEDULE 1 TO EXHIBIT C 

SPACE PLAN 
 (see
attached) 

  
 S-1-1 

  
 

 

  
 

 

  
 

 

  
 

 

  
 

 

  
 

 

  
 

 

  
 

 

  
 

 

  
 

 

			
		
	 Project Name:

Plans Dated:
	  	 Protein Simple at 3001 Orchard Parkway

4-14-141st Floor & 4-07-14 2nd Floor
 Turnkey
Scope

		
	 DESCRIPTION
	  	 COMMENTS

	 General Conditions
	  	Supervision, Part Time Project Mgmt, Administrative, Acctg, Safety, Temporary sanitary, barricades & signage. Includes Pre-Construction and coordination of design disciplines. Assumes 6 weeks Pre-Con at 16 hours per week.
Overall hard schedule anticipated to be 20-24 weeks. Goal is to perform demolition and rough frame / MEP while waiting for Permit. PM & Supervision is a mix of full & part-time as the project progresses.
		
	 Civil & Survey
	  	None Noted
		
	 Outdoor Amenities
	  	Allowance to raise Trellis, Add Bocce and BBQ Counter with Power & Gas to side Patio
		
	 Demolition
	  	Remove & salvage carpet at New VCT areas and for underground plumbing, remove t-bar ceiling as required for walls and MEP and salvage tees & tiles for reuse, sawcut & remove concrete for plumbing, electrical, etc.
Includes safe-off of utilities. Deleted removal of ceiling in warehouse. Ceiling & lights to remain. Wall to be removed & replaced at walls only.
		
	 Concrete
	  	Install dowels & epoxy, replace Concrete at trenches for labs & conference floor boxes. Add one (1) new ADA ramp on North end of building.
		
	 Structural
	  	Deleted Structural for Fitness at Second Floor. Deleted structural for partition support at All Hands room
		
	 Misc Carpentry
	  	Roof penetrations & structural supports for approximate Nine (9) new package units. Backing for TV’s, Cabinets, etc. Chase for HVAC units first floor to second.
		
	 Cabinets & Millwork
	  	Plastic Laminate Upper & Lower Cabinets for Nooks & Kitchen. Custom Laminate lowers for Board and All hands with stone or Avonite counters. Lab Cabinetry in Plastic Laminate with Chem Surftops for Consumables, Customer Demo
and R & D labs. Needs discussion for final scope and materials.
		
	 Doors & Hardware
	  	New 3-0 x 8-0 doors in metal frames to match existing finishes. Frame & sidelights as shown, Double doors as required (not shown). Additional doors & sidelights as required but not shown in private offices, etc.
Approximately fifty-one (51) single doors, eleven (11) double doors and seventy six (76) sidelights (single / double at privates, full wall at conference/board. Includes privacy/ passage hardware as required. No closers. Includes 60’ folding
wall partition for all hands room. Folding partition based on Modernfold Acousti seal 931 with an STC rating of 50 in standard fabric and dry erase (porcelain) one side. Deleted Folding Partition At ALL Hands Room. Added four (4) doubles and eleven
(11 single) doors
		
	 Glass & Glazing
	  	Add for Additional Sidelights, Butt Joint Glass, Frameless Glass Doors & Lanai Glass Folding Partition at Patio
		
	 Metal Framing & Drywall
	  	Supply & install metal framing and drywall. Finish Level 4-5 to match adjacent. Full Height at Labs, Conference, Board, Warehouse, Consumables, Service, Instrument, Shipping, etc. Through grid at all other areas. Includes
Freezer room and three (3) other rooms not shown on plan. Includes patching at demo scars and tie-ins to existing. Densglass or equal on new shower room(s) wet walls
		
	 Stone & Tile
	  	Shower rooms. Allowance. Match Building restroom Standard for floors & walls. Includes two (2) six foot Avonite counters to match buiding standard. Includes floor membrane due to second floor location. Delete floor
membrane

			
		
	 Acoustical Ceiling & Insulation
	  	Cut in tegular tile at all new wall intersections, repair grid /tile damaged during above ceiling work. Re-use tees & tile salvaged from demo. Rework ceiling at through grid walls and MEP areas. Install upgraded ceiling at
Dining
		
	 Floor Covering
	  	Install VCT at Labs, Break, Dining, Coffee, Engineering, Consumables, Service and Instrument. Install carpet salvaged from VCT areas to infill at new offices and common areas on first floor. Re-install carpet removed for plumbing,
electrical & full height walls. Install base at all new walls. Install new Carpet tile on second floor to match existing style on first floor (standard) Install rubber floor in fitness ($12 per SF allowance). Install base at second floor
perimeter. Reuse removed base as practical. Install upgraded Carpet at Board Room.
		
	 Painting
	  	Prime and Paint all new walls. Touch up throughout at tie-ins / demo scars. New Showers. Idea paint at Gathering rooms on one wall.
		
	 Misc. Specialties
	  	Allowance for Generator and approximately 1,000 SF Concrete Equipment Pad outside with shed roof and fenced enclosure. Includes fire sprinklers. Final size / scope TBD. Assumes pad will also have generator, tanks, compressor, etc.
and be located on the back of the building. Max Generator size to be 40KW. UPS to be provided and installed by Protein Simple if required. 2-30 amp outlets and HVAC in server room tied into Generator.
		
	 Window Treatments
	  	None Noted
		
	 Roofing
	  	Patch at new rooftop equipment and penetrations for MEP
		
	 HVAC
	  	Provide and install (9) Rooftop Package AC Units on Factory Curbs totaling 59 Tons. Economizers provided as required. Provide and install (10) Cooling Only and (7) Dual Duct VAV Boxes to provide dedicated zoning as required. Provide
and install up to (12) Exhaust Fans for the various rooms requiring exhaust. Modify the low pressure duct from the existing package AC Units as required in the single story portion of the space to accommodate the new Floor Plan. Modify the low
pressure duct as required from the existing VAV Boxes to accommodate the new Floor Plan for the First & Second Floors. Provide engineering, equipment, software, material and labor for Distech Controls installation and or modification for the new
equipment as required. Includes Mechanical drawings for permit.
		
	 Plumbing
	  	Rough - Finish plumbing for Dining, Break & Nooks. Rough - Finish plumbing for Shower rooms on 1stfloor with toilets, urinals and undermount sinks. Process Piping for CDA, Vacuum, Argon Co2, & Nitrogen. Lab sinks. Free
standing Eyewash, Floor sinks, Faucets. Turnkey including hook up of items supplied by others for dishwashing, icemaking, etc.
		
	 Fire Protection
	  	Re-work existing heads per new layout including relocation for duct drops, etc. All heads to remain as current style. We have not included any funds for upgrades, concealed or semi concealed heads
		
	 Electrical
	  	Safe off for Demolition. Rework lighting layout using existing fixtures. Install outlets and sensors in new walled areas (offices, conference, etc.) Includes distribution to labs and dedicated circuits for Partitions (power pole
& hookup by others), Includes Hook-up of generator and new HVAC units. Includes plans for permit. Includes ring & string for Data by Others. Includes raising fixtures in warehouse area
		
	 Life Safety
	  	Existing. Additional Horns & Strobes required. Budgetary
		
	 Tele-Data Cabling
	  	Excluded. Ring & String provided.
		
	 Cleanroom - Alt 1
	  	Turnkey Class 100,000 Cleanroom framed inside of Consumables Manufacturing. Not modular. No raised floor. Includes Sink, Eyewash, Shower, added gases air & power, added infrastructure for hoods (hood NIC)
		
	 Balcony Breakroom - Alt 2
	  	Extend steel and concrete at second floor. Add railing to match adjacent. Add Avonite counter to match break areas. Add carpet to match adjacent 2nd floor carpet.

 COMMENTS 

Budgetary. Revised budget based on PS3.4.1 dated 4-14-14 and PS 3.4.2 dated 4-07-14. All drawings are schematic fit plans 

Budget assumes Idea Paint in collaborative areas. Any write on glass or switch glass is FF&E. 

Equipment infrastructure (power, water, sewer, gases, vacuum, CDA) based on matrix uploaded to BOX on 4-14-14 and enlarged sheets R1.1 - R1.4 dated 4-14-14
labeled “review”. All items labeled benches and all equipment is to be provided and installed by Protein Simple. Actual final count of equipment to be determined by Protein Simple and budget will be adjusted up or down once additional
information is provided. Budget adjusted 4-16-14 and primary adds atributed to ICE Cartridge Production details. Full list of Budget documents is below 

Assumes no major structural work performed within the terms above. 

Assumes the building systems are capable of handling the designed modifications 

Includes Insulation in walls & above t-bar at walls 

All lighting to be re-used 
 All finishes to match
existing building standard 
 No dimming function of full building within electrical budget. 

All FF&E is by tenant 
 All fume hoods are by
tenant 
 All Chemical inventory, storage, handling and any special storage, fire protection or segregation for HAZ MAT compliance is Protein
Simple’s responsibility 
 All benches, racks, carts, etc. shown on R 1.1 - R1.7 is Protein Simple’s responsibility 

Ring & String or Box / Conduit & String will be provided for Data. All Data & Communication wiring is by Protein Simple 

Budget for sidelights / glass walls is an interior aluminum framed system. We have only budgeted for Herculite or frameless glass systems at the Any items
not detailed above require further discussion / details to price properly 
 1. R & D Utilities Summary - 4-15-2014.xlsx. Multi tab 

2. Consumables manufacturing +SR JAC updates.pdf annotated R1.3 no date uploaded 4-16-14 

3. Consumables Production Equipment REV3.docx dated 4-15-14 / 5 pages 

4. Engineering Lab.pptx - 1 page uploaded 4-16-14 
 5.
Consumables - Comments on 14-022-R. 1.3 schematic.docx - 1 page. Contradicts Rev 3 and annotation. Uploaded 4-15-14 
 6. R&D_Utilities.pptx
uploaded 4-14-14. 8 pages 
 7. General Power Requirements_04142014.pdf. E-mail string from Eric Esser. Review only. May be superseded by above
documents. Uploaded 4- 14-14 
 8. Instrument Manufacturing_prelim.xlsx. Uploaded 4-13-14. 2 page excel worksheet with layout and list 

9. Consumables Production Equipment Pictures.pptx uploaded 4-09014 

10. Fridge & Freezer spec.pptx Uploaded 4-09-14 

11. CERS Haz Mat Inventory (Protein Simple) 1.xlsx Uploaded 4-07-14 by Jim Duff. All storage / protection / added fire protection for listed HAZ MAT NIC and
PS responsibility 
 12. R & D Layout & Pics.pptx Uploaded 3-31-14. 12 pages. Discussion Point only for layout etc. Above uploads may
supersede. 
 13. All other documents archived in the progress folder are superseded by the above documents 

PLANS ATTACHED 
 1. 14-022-PS3.4.1 Schematic Fit
Plan_04142014_First Floor.pdf Uploaded 4-14-14V2 
 2. 14-022-PS3.4.2 Schematic Fit Plan_04072014_Second Floor.pdf Uploaded 4-07-14V3 

3. 14-0220PS3.4_Occupancy Calculations.pdf Uploaded 4-09-14 

4. 14-022- R1.1 thru R1.4 Schematic Space Allocation plans uploaded 4-14-14 

5. 14-022-R1.5 thru R1.7 Schematic Space Allocation plans uploaded 4-16-14 

 Qualifications & Clarifications for 4-16-14 Budget 

 

	i.	Cabinet Description denotes Lab cabinets for Customer Demo and R&D, No quantity or lineal footage is denoted, so tough to know whether it’s all in there. 

Based on Scope Doc dated 3-6-14 

Customer Demo Lab 82 LF 

R & D 64 LF 

Under File Cabinets (Drawers Only) Consumable 48LF 
  

	ii.	Description for glazing shows a cost, but otherwise no lineal footage or area denotation to know what is covered in the $177k (glass at sides of lobby + secured doors, glass at labs upstairs, etc.) 

Included: 
  

			
	 Quantity 145
	  	3-0 x 8-0 Sidelights in frames to match doors. Where there are two pieces adjoining, the glass will butt (no vertical mullion)
		
	 Quantity 1
	  	Lanai Door at Patio. Approximately 221f x 10’ tall
		
	                 3 sets
	  	Butt Joint Glass @ Lobby & Board Room – 401f x 10’ tall at lobby. Frameless Double doors each side. 601f x 10’ tall at Board Room. One set Frameless double doors.
		
	 No Switchglass.
	  	Pricing can be provided for this element as an additive alternate
	
	 No window treatments Pricing can be provided for this element as an additive alternate

		
	 Quantity 1
	  	Glazing @ Upstairs R&D Lab – 721f x9’ tall with three single frameless doors
		
	 Quantity 1
	  	Glazing @ Customer Demo Lab – 571f x9’ tall. One single & one double frameless doors.
		
	 Quantity 3 sets
	  	 Powered strikes for lobby entrance and doors each side. Prepped for security capabilities to be installed Protein Simple vendor

 
 Hardware for all above to meet code for exiting and finish / style to match building
standard

  

	iii.	Description for walkway at lobby shows $36.5k for Walkway across lobby 

 Budget includes
added structural steel and concrete elements, glass railing, floor covering, drywall modifications above & below, electrical for laptops / phones / tablets, lighting reconfiguration above, task lighting, Avonite counter the full length,
paint and protection of all adjacent finishes. This is a combination break I touchdown area and walkway across the lobby. Budget to be revisited upon completion of design but was prepared using the historical costs spent to construct the existing
lobby. 
  

	iv.	Flooring seems to be covered throughout. VCT at labs, break, dining — and carpet at areas not currently covered, with carpet upgrade at board room. This does not denote any special flooring such as ESD flooring,
epoxy, etc. 

 We have included Epoxy in our overall budget at the Cell Culture and iCE Cartridge rooms. All other areas are as
denoted in the scope. No Electro-Static dissipating tiles, conductive or grounded floors are included or proposed. There are ESD waxes available to be used on VCT if desired. 
  

	v.	No AV is denoted anywhere within the description. There is a denotation for ring & string to accommodate Data, but no mention of quantities. 

 Per documents provided to BOX on 4-16-14 we have included ring & string or conduit /
box & string at all power locations as requested. All wiring components and data / communication ports are Protein Simple’s responsibility. 

Where not specifically notated in the documents provided we have included: 

 

	 	1.	one drop per office 

  

	 	2.	one drop per four cubicles (same as power drop) and 

  

	 	3.	one drop in the wall and one run at each floor box in 

  

	 	a.	conference / training rooms 

  

	 	b.	board room 

  

	 	c.	phone rooms 

  

	 	d.	at each floor box in the fitness room 

  

	 	e.	two in dining and 

  

	 	f.	one each at each break area. 

  

	vi.	Second line of “Comments” (last sheet) states that all markerboard glass and switch glass is FF&E. Switchglass would not be FF&E? 

Switchglass is not included in budget, can be priced as additive alternate. 

Markerboard glass is not included in budget and is FF&E. Can be priced as additive alternate. 

 

	vii.	There is mention under concrete for “trenches for labs & conference floor boxes” but no mention of quantity. 

Concrete is included for trenches in plumbing and electrical and based on lineal footage. There are approximately 30 floor boxes on the
first floor. All floor boxes for the second floor will be cores and only require minor patching 
  

	viii.	All lighting to be reused and “no dimming function of full building within electrical budget”? 

All LED lighting is dimmable, however dimming can be accommodated as additive alternate, and can be priced when more information
regarding location and desired controls is provided. 
  

	ix.	Description regarding lineal footage or level for cabinets, other than mention of cabinets at Dining are 

Quantity 54 lineal feet. Upper and Lower Laminate Cabinets in dining & coffee / break with P-Lam tops 

 

	x.	Bar area — not really descriptive so hard to know exactly how much is being provided. 

Final design not complete. Hard to denote whether items shown are FF&E. We are carrying 121f of lower and upper cabinets with p-lam top

  

	xi.	Mirrors in fitness center and restrooms? Lockers? 

 Yes, Mirrors in shower / restrooms to
match existing. 
 Quantity 50 lineal feet, Mirrors on long wall floor to ceiling in fitness. P-lam lockers per plan. 

  
 16 

	xii.	Additional elements within trellis for shading? 

 Yes. Trellis to be raised and additional
member in between existing members to be added and painted 
  

	xiii.	Glass at VP/CEO offices? 

 Yes. Qualified in #2 

 

	xiv.	need structure for projection screen as well and some idea that we can hang the screens we need to depending on where they all go 

Backing / Supports included for up to 6 screens and 12 televisions 

 

	xv.	Need door closers at fitness restrooms, may need them at R&D / Customer Demo Labs, CM clean room? Sidelight size not denoted 

Closers at restrooms included. Glass doors include closers. 

See # 2 for sidelights / glazing. 
  

	xvi.	Denotes through grid (versus under grid) at all areas that don’t need full height. 

Based on added glass sidelights, below grid walls not feasible due to support needed. 

 

	xvii.	Glass, controls, fixtures, etc all covered for the showers and all restroom components? 

Yes. Included for new showers / restrooms. No change to existing restrooms proposed or budgeted. 

 

	xviii.	Upgrade ceiling at Dining. What are we allowed to do here? 

 We have budgeted 4,000 SF @ $10
per SF. We can do a combination of acoustic / framing & drywall / paint, etc. 
  

	xix.	Painting. Denotes idea paint on one wall at “gathering rooms” (whatever that is)? I thought at minimum there was idea paint everywhere that we were intending to replace with glass markerboards.

 We have 2,500sf of idea paint allocated within the budget. 

Glass marker boards are not in budget per item #6 
  

	xx.	Generator costs — need to get this finalized based on Protein Simple power needs, and determine what size generator is actually needed. Do we have this data so it can be properly costed? 

Final data is not complete. 40kw generator & transfer switch budgeted. If Protein Simple can provide relevant data, we can more
closely match generator size and capabilities to requirements. 
  

	xxi.	Window Treatments. South side definitely needs them – and if additional faces of the building do (aside from west side which is mostly wall) 

Window treatments are not within the budget. These can be priced as additive alternates, when more data is provided as to what type of
treatment is desired (ie: mechoshade, mini-blinds, etc.) 

  
 17 

	xxii.	Have we decided that the 9 units meets the desired requirements? Is the zones denoted in alignment with original intent? 

Based on documents on BOX and all data provided we have 9 units at approximately 54 tons plus added tonnage & exhaust for iCE
Cartridge. Building is zoned properly, expandable and controlled by a Distech EMS for VAV & Package. 
  

	xxiii.	Appliances responsibility of PS 

 Agreed 

 

	xxiv.	The sprinkler heads are all over the place. Newly relocated heads to be concealed or semi-recessed. sprinkler scope to once the new walls and spaces go in? 

With the addition of hard walled rooms the redundant heads that were part of the open layout will be removed and final layout will be in
line with industry standard and code required spacing. We have not budgeted for any replacement or upgrades, however this can be completed as an alternate for the specific areas where that is requested. 

 

	xxv.	No structural presumed — but that will be needed for mechanical units, folding glass wall (Lacantina) bridge across lobby 

Clarification: Standard exclusion related to seismic. 

All structural for new units, bridge, trellis, pads is included. Lanai glass wall to be supported on existing structure. 

 

	xxvi.	“Assumes building systems are capable of handling design modifications”. This should not be an assumption 

Building systems are as represented in all materials provided to Protein Simple. If additional is required beyond existing, please provide
and it can be priced. 
  

	xxvii.	Hazmat items are the responsibility of PS, though would be advantageous to have contractor assistance with implementation of PS required components for Hazmat compliance. 

We are happy to coordinate for code compliance and inspections as required for occupancy. Any specific consulting for compliance may be out
of our area of expertise and we have consultants we can recommend. 
  

	xxviii.	“Budget for sidelights / glass walls is an interior aluminum framed system. We have only budgeted for Herculite or frameless glass systems”. Is this a contradiction? 

Must be a typo. See # 2 for clarification. Frameless is included for Lobby, Board, R & D and Customer Demo 

  
 18 

  
 

 

  
 

 

 SCHEDULE 2 TO EXHIBIT C 

BUILDING STANDARDS 

(see attached) 

  
 S-2-1 

 3001 ORCHARD PARKWAY: BUILDING STANDRD FINISHES 

 

							
	LGI	  	 LAMINATED GLASS

RAINSCREEN
	  	Mfg:	  	LangleGlas
	  	  	Product	  	AL-Wall-Flat
	  	  	Color:	  	Anodized Aluminum
	  	  	Number:	  	41AL-WALL FLAT-OU & M-16
	  	  	Size:	  	per elevations
				
	WS2	  	WOOD SIDING	  	Mfg:	  	yaccoya
	  	  	Product	  	yaccoya milled wood siding
	  	  	Color:	  	Custom white wash and grey stain
	  	  	Number:	  	-
	  	  	Size:	  	5” T&G per details
				
	WF1	  	WOOD FLOORING	  	Mfg:	  	PlyBoo
	  	  	Product	  	Stained Hardwood
	  	  	Color:	  	Havana Strand
	  	  	Number:	  	FL-P5872PD-NAUF
	  	  	Size:	  	5” Bamboo
				
	WB1	  	WOOD BASE	  	Mfg:	  	-
	  	  	Product	  	-
	  	  	Color:	  	Paint per Schedule
	  	  	Number:	  	-
	  	  	Size:	  	1” X 6” Poplar
				
	TF1	  	TILE FLOORING	  	Mfg:	  	Dal-Tile
	  	  	Product	  	P’Zazz
	  	  	Color:	  	Tan Dazzle
	  	  	Number:	  	P263
	  	  	Size:	  	2”6”, and 12” x 24”
				
	TF2	  	TILE FLOORING	  	Mfg:	  	Dal-Tile
	  	  	Product	  	P’Zazz
	  	  	Color:	  	
	  	  	Number:	  	P263
		  		  	Size:	  	2”6”, and 12” x 24”

							
	TF3	  	TILE FLOORING	  	Mfg:	  	Provenza
	  	  	Product	  	Concrete
	  	  	Color:	  	Calce White
	  	  	Number:	  	-
	  	  	Size:	  	17” x 35”
				
	TF4	  	TILE FLOORING	  	Mfg:	  	Dal-Tile
	  	  	Product	  	P’Zazz
	  	  	Color:	  	Warm Blend
	  	  	Number:	  	P268
	  	  	Size:	  	1” x 2” Mosaic Blend
				
	TG1	  	TILE GROUT	  	Mfg:	  	Custom Building Products
	  	  	Color:	  	TBD
	  	  	Number:	  	TBD
	  	  	Size:	  	Clear sealer
				
	TE1	  	TILE EDGING	  	Mfg:	  	Schluter Systems
	  	  	Stye:	  	SCHIENE (AE)
	  	  	Size:	  	Verify with Tile Thickness
				
	WT1	  	WALL TILE	  	Mfg:	  	Dal-Tile
	  	  	Product	  	Unity
	  	  	Color:	  	Coffee
	  	  	Number:	  	Modern Liner Mosaic
	  	  	Size:	  	12” x 12”
				
	WT2	  	WALL TILE	  	Mfg:	  	Dal-Tile
	  	  	Product	  	Unity
	  	  	Color:	  	Avorio
	  	  	Number:	  	Modern Liner Mosaic
	  	  	Size:	  	12” x 12”
				
	C1	  	CARPET	  	Mfg:	  	Tandus
	  	  	Product	  	City Walk
	  	  	Color:	  	Curbside [36108]
	  	  	Number:	  	3974
	  	  	Size:	  	36” x 36”

							
	C2	  	CARPET	  	Mfq:	  	Shaw
	  	  	Product:	  	Dye Lab
	  	  	Color:	  	Coffee [41755]
	  	  	Number:	  	5T041
	  	  	Size:	  	24” x 24” tiles
				
	C3	  	CARPET	  	Mfq:	  	Shaw
	  	  	Product:	  	Socialite
	  	  	Color:	  	Grace [66761]
	  	  	Number:	  	5A166
	  	  	Size:	  	12’ Broadloom
				
	C4	  	WALK-OFF PEDIMAT	  	Mfq:	  	CS Pedisystems
	  	  	Product:	  	Pedimat M1
	  	  	Color:	  	Espresso
	  	  	Number:	  	9305
	  	  	Size:	  	Per plans and alignment
				
	CSI	  	CONCRETE STAIN	  	Mfg:	  	Scofield
	  	  	Product:	  	Lithochrome Tintura
	  	  	Color	  	Autumn Honey, or Devon Brown
	  	  	Number:	  	2047 / 1516
	  	  	Area	  	Per plans and alignment
				
	RBI	  	RUBBER BASE	  	Mfq:	  	Roppe
	  	  	Product:	  	700 Series, Standard Cove
	  	  	Color	  	Black Brown
	  	  	Number:	  	193
	  	  	Size:	  	4”
				
	VFI	  	VINYL FLOORING	  	Mfq:	  	Armstrong
	  	  	Product:	  	Rejuvenations
	  	  	Color:	  	Alchemy Ginger
	  	  	Number:	  	380E0
	  	  	Size:	  	Per plans and alignment

							
	GBWF1	  	 GYPSUM BOARD

WALL FINISH
	  	Mfq:	  	-
	  	  	Color:	  	Per paint selection
	  	  	Number:	  	-
	  	  	Finish:	  	Level 4
				
	GBWF2	  	 GYPSUM BOARD

WALL FINISH
	  	Mfq:	  	-
	  	  	Color:	  	Per paint selection
	  	  	Number:	  	-
	  	  	Finish:	  	Levels (lobby +skylights)
				
	ACTI	  	 ACOUSTICAL

CEILING TILE
	  	Mfq:	  	Armstrong
	  	  	Product	  	Dune: Second Look
	  	  	Number:	  	2722
	  	  	Type	  	Angled Tegular (9116 grid)
	  	  	Size	  	24’ x 48”
				
	WCI	  	WOOD CEILING	  	Mfq:	  	Rulon
	  	  	Color	  	Ash
	  	  	Number:	  	GDPXX004 PG 6-12-37D
	  	  	Finish:	  	Nutmeg
				
	WC2	  	 WOOD

CEILING
	  	Mfg:	  	Architectural Surfaces, Inc
	  	  	Product	  	Linwood II
	  	  	Type	  	Butt Joint
	  	  	Type	  	Wood veneer wall &ceiling plank
	  	  		  	Western Red Cedar + Stain
	  	  	Size	  	4” (with Quiet Liner)
				
	PTI	  	PAINT: EXTERIOR	  	Mfq:	  	Glidden Professional
	  	  	Color	  	TBD
	  	  	Number:	  	TBD
	  	  	Finish:	  	Eggshell
				
	PT2	  	PAINT: EXTERIOR	  	Mfq:	  	Glidden Professional
	  	  	Color:	  	TBD
	  	  	Number:	  	TBD
	  	  	Finish:	  	Eggshell

							
	PT3	  	PAINT: INTERIOR	  	Mfq:	  	Glidden Professional
	  	  	Color:	  	White on White
	  	  	Number:	  	A0148
	  	  	Finish:	  	Eggshell
				
	PT4	  	PAINT: INTERIOR	  	Mfq:	  	Glidden Professional
	  	  	Color:	  	White on White
	  	  	Number:	  	A0148
	  	  	Finish:	  	Semi-Gloss
				
	SS1	  	SOLID SURFACE	  	Mfg:	  	Avonite
	  	  	Series:	  	-
	  	  	Color:	  	Sky Glass
	  	  	Number:	  	-
				
	SS2	  	SOLID SURFACE	  	Mfq:	  	Avonite
	  	  	Series:	  	Zen
	  	  	Color:	  	Cirrus
	  	  	Number:	  	-

  

			
	GLAZING:	  	Glass and glazing shall be clear in Frameless or Storefront, butt-jointed, and following guidelines and tolerances as established by the Glass Association in regards to allowed thicknesses, tolerances, etc. [with 3/8” minimum
standard]

 DOOR SPECIFICATIONS: Nine foot minimum height, except where not feasible at existing lower ceilings. Product shall be
Prefinished wood (Rotary White Birch) with custom stain. Product and alternates are subject to Landlord’s approval of specific material, and at Landlord’s sole discretion. 

DOOR HARDWARE: Locks shall be mortised , with matte finish metal such as Brushed Aluminum, Chrome, or approved alternate at Landlord’s sole
discretion. Base specification shall be Schlage “Rhodes”. 

 3001 ORCHARD PARKWAY: BUILDING STANDARD FIXTURES 

 

															
	 LABEL
	  	 ITEM
	  	 MANUFACTURER
	  	 MODEL
	  	 WIDTH
	  	 HEIGHT
	  	 DEPTH
	  	 FINISH

	P.S1	  	SINK	  	KOHLER	  	VERTICYL	  	19.75”	  	6.75”	  	15.625”	  	WHITE
	P.S2	  	1	  	FLORESTONE	  	MSR2424	  	24”	  	24”	  	10”	  	WHITE
	P.F1	  	FAUCET	  	KOHLER	  	GEOMETRIC	  	3”	  	5.5”	  	6.75”	  	CHROME
	P.SD1	  	SOAP DISPENSER	  	BOBRICK	  	B-824	  	2”	  	3”	  	3.5”	  	VIBRANT ST.STL
	P.T1	  	TOILET	  	KOHLER	  	KINGSTON	  	15.375”	  	12.75”	  	27.875”	  	WHITE
	P.T2	  	TOILET SEAT COVER	  	KOHLER	  	SC534	  	14.75”	  	2”	  	18.625”	  	COTTON
	P.T3	  	FLUSHONETER	  	KOHLER	  	K-10673 8,75	  	4.75”	  	11.5”	  	2.25”	  	CHROME
	P.U1	  	URINAL	  	KOHLER	  	DEXTER	  	13”	  	21.75”	  	14.5”	  	WHITE
	P.SH1	  	SHOWER	  	KOHLER	  	FORTE	  	62”	  	81.5”	  	33.5”	  	TILE PER SCHED.
	P.M1	  	MIRROR	  	BOBRICK	  		  	PER ELEV	  	54”	  		  	SATIN
	P.TP1	  	TOILET PARTITION	  	SCRANTON	  	METALLIC	  	1”	  	-	  	-	  	NICKEL
	P.TP2	  	TOILET PARTITION	  	SCRANTON	  	METALLIC	  	1”	  	-	  	-	  	NICKEL
	P.TP3	  	TOILET PARTITION	  	SCRANTON	  	CLASSIC	  	1”	  	-	  	-	  	LINEN
	P.TP4	  	TOILET PARTITION	  	SCRANTON	  	CLASSIC	  	1”	  	-	  	-	  	LINEN
	P.A1	  	SEAT CVR+S.N+TOILET TISSUE	  	BOBRICK	  	819843	  	17.25”	  	30.625”	  	4”	  	SATIN ST.STL.
	P.A2	  	SEAT CVR+S.N+TOILET TISSUE	  	BOBRICK	  	B-357	  	17.25”	  	30.625”	  	4.25”	  	SATIN ST.STL.
	P.A3	  	SEAT CVR+TOILET TISSUE	  	BOBRICK	  	B-3479	  	17.25”	  	30.875”	  	4.25”	  	SATIN ST.STL.
	P.A4	  	SEAT CVR+TOILET TISSUE	  	BOBRICK	  	B-347	  	17.25”	  	30.625”	  	4.25”	  	SATIN ST.STL.
	P.A5	  	SANITARY NAPKIN	  	BOBRICK	  	B-35303	  	13”	  	19”	  	4.25”	  	SATIN ST.STL.
	P.A6	  	TOILET TISSUE (MULTI)	  	BOBRICK	  	B-6997	  	12.25”	  	6.25”	  	4.75”	  	SATIN ST.STL.
	P.A7	  	SEAT COVER	  	BOBRICK	  	B-3013	  	17.5”	  	13”	  	2.5”	  	SATIN ST.STL.
	P.A8	  	PAPER TOWEL+WASTE	  	BOBRICK	  	B-33034	  	13”	  	55.125”	  	3.625”	  	SATIN ST.STL.
	P.A9	  	UTILITY SHELF	  	BOBRICK	  	B-224	  	36”	  	6”	  	8”	  	SATIN ST.STL.
	P.A10	  	COAT HOOK	  	BOBRICK	  	B-542	  	1.25”	  	2”	  	1”	  	SATIN ST.STL.
	P.GB 1	  	GRAB BAR	  	BOBRICK	  	B-5306	  	VARIES	  	1.25”	  	1.25”	  	SATIN ST.STL.
	P.DFI	  	DRINKING FOUNTAIN	  	ELKAY	  	EDFPBMI I7C	  	33.5”	  	22”	  	19”	  	SATIN ST.STL.

 3001 ORCHARD PARKWAY: BUILDING STANDARD LIGHTING FIXTURES 

 

															
	 LABEL
	  	 MANUFACTURER
	  	 MODEL
	  	 TYPE
	  	 WIDTH
	  	 HEIGHT
	  	 DEPTH
	  	 FINISH

	ELS.1	  	BEGA	  	8659	  	LED	  	6.25”	  	39.375”	  	6.25”	  	GRAPHITE
	ELS.2	  	DELTALIGHT	  	MNOPOL FEMTO	  	LED	  	2.5”	  	27.5”	  	5”	  	ALUMINUM
	ELS.3	  	DELTALIGHT	  	MONOPOL	  	LED	  	2.5”	  	27.5”	  	5”	  	ALUMINUM
	EL.1	  	MAXI LUME	  	HH4SQ-LED	  	LED	  	5.75”	  	5.5”	  	7.75”	  	WHITE
	EL.2	  	FINELITE	  	HP4-RG	  	LED	  	4”	  	4”	  	VARIES	  	WHITE
	EL.3	  	DAYBRITE	  	DUALED	  	LED	  	48’	  	5”	  	24”	  	WHITE
	EL.4	  	PHILIPS	  	ER44RLDU	  	EXIT	  	11.25”	  	9.5”	  	.625”	  	SATIN
	EL.5	  	PRUDENTIAL	  	P40	  	LED	  	4”	  	4”	  	VARIES	  	WHITE
	EL.6	  	SELUX	  	M36	  	LED	  	58.5”	  	2.75”	  	1.5”	  	WHITE
	EL.7	  	RAB	  	WPLEDC52NW	  	LED	  	13”	  	10.5”	  	4”	  	BRONZE
	ES.1	  	LEGRAND: ADORNE	  	ASOS32014	  	SENSASWITCH	  	1.77”	  	1.77”	  	-	  	WHITE
	ES.2	  	LEGRAND: ADORNE	  	ASTP1532W4	  	SOFTAP	  	1.77”	  	1.77”	  	-	  	WHITE
	ED.1	  	LEGRAND: ADORNE	  	ARTR152W8	  	DUPLEX	  	1.77”	  	1.77”	  	-	  	WHITE
	ED.2	  	LEGRAND: ADORNE	  	AGFTR152W4	  	GFCI	  	1.77”	  	1.77”	  	-	  	WHITE
	ED.3	  	LEGRAND: ADORNE	  	ARPS152W4	  	ENERGY SAVING	  	1.77”	  	1.77”	  	-	  	WHITE
	ESD.1	  	SMOKE DETECTOR	  	KIDDE	  	SILHOUETTE	  	5.25”	  	5.25”	  	5”	  	WHITE

 EXHIBIT D 

HAZARDOUS MATERIALS QUESTIONNAIRE 

This Exhibit is attached to and made a part of the Lease by and between CREFII-RCI ORCHARD, LLC, a Delaware limited liability company
(“Landlord”), and PROTEINSIMPLE, a Delaware corporation (“Tenant”) for space in the Building located at 3001 Orchard Parkway, San Jose, California. 

This questionnaire is designed to solicit information regarding Tenant’s proposed use, generation, treatment, storage, transfer or disposal of
hazardous or toxic materials, substances or wastes. If this Questionnaire is attached to or provided in connection with a lease, the reference herein to any such items shall include all items defined as “Hazardous Materials,”
“Hazardous Substances,” “Hazardous Wastes,” “Toxic Materials,” “Toxic Substances, “Toxic Wastes,” or such similar definitions contained in the lease. Please complete the questionnaire and return it to
Landlord for evaluation. If your use of materials or substances, or generation of wastes is considered to be significant, further information may be requested regarding your plans for hazardous and toxic materials management. Your cooperation
in this matter is appreciated. If you have any questions, do not hesitate to call us for assistance. 
  

	1.	PROPOSED TENANT 

  

			
	Name (Corporation, Individual, Corporate or Individual DBA, or Public Agency):	 	  

 
			
	  

			
		
	Standard Industrial Classification Code (SIC):	  	  

 
			
		
	Street Address:	  	  

		
	City, State, Zip Code:	  	  

		
	Contact Person & Title:	  	  

 
			
		
	Telephone Number:    
(    )                                   
                                         
                                         
                        	  	Facsimile

 Number: (            )
                             

 

	2.	LOCATION AND ADDRESS OF PROPOSED LEASE 

  

			
	Street Address:	  	  

		
	City, State, Zip Code:	  	  

		
	Bordering Streets:	  	  

 
			
		
	Streets to which Premises has Access:	  	  

 

	3.	DESCRIPTION OF PREMISES 

  

			
	Floor Area:	  	  

		
	Number of Parking Spaces:	  	  

		
	Date of Original Construction:	  	  

		
	Past Uses of Premises:	  	  

 
			
		
	Dates and Descriptions of Significant Additions, Alterations or Improvements:	  	  

	
	  

			
		
	Proposed Additions, Alterations or Improvements, if any:	  	  

	4.	DESCRIPTION OF PROPOSED PREMISES USE 

 Describe proposed use and operation of Premises
including (i) services to be performed, (ii) nature and types of manufacturing or assembly processes, if any, and (iii) the materials or products to be stored at the Premises. 

 

			
		 	  

		 	  

		 	  

 Will the operation of your business at the Premises involve the use, generation, treatment, storage, transfer
or disposal of hazardous wastes or materials? Do they now? Yes  ̈ No  ̈ If the answer is “yes,” or if your SIC code number is between 2000 to
4000, please complete Section V. 
  

	5.	PERMIT DISCLOSURE 

 Does or will the operation of any facet of your business at the
Premises require any permits, licenses or plan approvals from any of the following agencies? 
  

									
	 U.S. Environmental Protection Agency
	  	Yes  ̈	  	 	No 	 ̈ 	 	
				
	 City or County Sanitation District
	  	Yes  ̈	  	 	No 	 ̈ 	 	
				
	 State Department of Health Services
	  	Yes  ̈	  	 	No 	 ̈ 	 	
				
	 U.S. Nuclear Regulatory Commission
	  	Yes  ̈	  	 	No 	 ̈ 	 	
				
	 Air Quality Management District
	  	Yes  ̈	  	 	No 	 ̈ 	 	
				
	 Bureau of Alcohol, Firearms and Tobacco
	  	Yes  ̈	  	 	No 	 ̈ 	 	
				
	 City or County Fire Department
	  	Yes  ̈	  	 	No 	 ̈ 	 	
				
	 Regional Water Quality Control Board
	  	Yes  ̈	  	 	No 	 ̈ 	 	
				
	 Other Governmental Agencies (if yes,
	  	Yes  ̈	  	 	No 	 ̈ 	 	
				
	 identify:
                                         
       )
	  		  				 	

 If the answer to any of the above is “yes,” please indicate permit or license numbers, issuing agency
and expiration date or renewal date, if applicable. 
  

			
		 	  

		 	  

		 	  

 If your answer to any of the above is “yes,” please complete Sections VI and VII. 

	6.	HAZARDOUS MATERIALS DISCLOSURE 

 Will any hazardous or toxic materials or substances be
stored on the Premises? Yes  ̈ No  ̈ If the answer is “yes,” please describe the materials or substances to be stored, the quantities thereof and
the proposed method of storage of the same (i.e., drums, aboveground or underground storage tanks, cylinders, other), and whether the material is a Solid (S), Liquid (L) or Gas (G): 

 

											
	 	  	 Material/

Substance
	  	 Quantity to be
Stored on Premises
	  	 Storage Method
	  	 Amount to be Stored

on a Monthly Basis
	  	 Maximum Period of
Premises Storage

						
	 	  	  
	  	  
	  	  
	  	  
	  	  

						
	 	  	  
	  	  
	  	  
	  	  
	  	  

						
	 	  	  
	  	  
	  	  
	  	  
	  	  

 Attach additional sheets if necessary. 

Is any modification of the Premises improvements required or planned to mitigate the release of toxic or hazardous materials substance or
wastes into the environment? Yes  ̈ No  ̈ If the answer is “yes,” please describe the proposed Premises modifications: 

			
		 	  

		 	  

		 	  

  

	7.	HAZARDOUS WASTE DISCLOSURE 

 Will any hazardous waste, including recyclable waste, be
generated by the operation of your business at the Premises? Yes  ̈ No  ̈ If the answer is “yes,” please list the hazardous waste which is
expected to be generated (or potentially will be generated) at the Premises, its hazard class and volume/frequency of generation on a monthly basis. 
  

											
	 	  	 Waste Name
	  	 Hazard Class
	  	 Volume/Month
	  	 Maximum Period of
Premises Storage
	  	 
						
	 	  	  
	  	  
	  	  
	  	  
	  	 
						
	 	  	  
	  	  
	  	  
	  	  
	  	 

 Attach additional sheets if necessary. 

If the answer is “yes,” please also indicate if any such wastes are to be stored within the Premises and the proposed method of
storage (i.e., drums, aboveground or underground storage tanks, cylinders, other). 
  

							
	 	  	 Waste Name
	  	 Storage Method
	  	 
				
	 	  	  
	  	  
	  	 
				
	 	  	  
	  	  
	  	 

 Attach additional sheets if necessary. 

If the answer is “yes,” please also describe the method(s) of disposal for each waste. Indicate where disposal will take
place including the methods, equipment and companies to be used to transport the waste: 
  

			
		  	  

		  	  

		  	  

 Is any treatment or processing of hazardous wastes to be conducted at the Premises? Yes  ̈ No  ̈ If the answer is “yes,” please describe proposed treatment/processing methods: 

 

			
		  	  

		  	  

		  	  

 Which agencies are responsible for monitoring and evaluating compliance with respect to the storage and
disposal of hazardous materials or wastes at or from the Premises? (Please list all agencies): 
  

			
		  	  

		  	  

		  	  

 Have there been any agency enforcement actions regarding Tenant (or any affiliate thereof), or any existing
Tenants (or any affiliate’s) facilities, or any past, pending or outstanding administrative orders or consent decrees with respect to Tenant or any affiliate thereof? Yes  ̈ No  ̈ If the answer is “yes,” have there been any continuing compliance obligations imposed on Tenant or its affiliates as a result of the decrees or orders? Yes
 ̈ No  ̈ If the answer is “yes,” please describe: 
  

			
		  	  

		  	  

		  	  

 Has Tenant or any of its affiliates been the recipient of requests for information, notice and
demand letters, cleanup and abatement orders, or cease and desist orders or other administrative inquiries? Yes  ̈ No  ̈ If the answer is
“yes,” please describe: 
  

			
		  	  

		  	  

		  	  

 Are there any pending citizen lawsuits, or have any notices of violations been provided to Tenant or its
affiliates or with respect to any existing facilities pursuant to the citizens suit provisions of any statute? Yes  ̈ No  ̈ If the answer is
“yes,” please describe: 
  

			
		  	  

		  	  

		  	  

 Have there been any previous lawsuits against the company regarding environmental concerns? Yes  ̈ No  ̈ If the answer is “yes,” please describe how these lawsuits were resolved: 

 

			
		  	  

		  	  

		  	  

 Has an environmental audit ever been conducted at any of your company’s existing facilities? Yes  ̈ No  ̈ If the answer is “yes,” please describe: 
  

			
		  	  

		  	  

		  	  

 Does your company carry environmental impairment insurance? Yes
 ̈ No  ̈ If the answer is “yes,” what is the name of the carrier and what are the effective periods and monetary limits of such coverage?

  

			
		  	  

		  	  

		  	  

	8.	EQUIPMENT LOCATED OR TO BE LOCATED AT THE PREMISES 

 Is (or will there be) any electrical
transformer or other equipment containing polychlorinated biphenyls located at the Premises? Yes  ̈ No  ̈ If the answer is “yes,” please specify
the size, number and location (or proposed location): 
  

			
		  	  

		  	  

		  	  

 Is (or will there be) any tank for storage of a petroleum product located at the Premises? Yes  ̈ No  ̈ If the answer is “yes,” please specify capacity and contents of tank; permits, licenses and/or approvals received or to be
received therefor and any spill prevention control or conformance plan to be taken in connection therewith: 
  

			
		  	  

		  	  

		  	  

  

	9.	ONGOING ACTIVITIES (APPLICABLE TO TENANTS IN POSSESSION) 

 Has any hazardous material,
substance or waste spilled, leaked, discharged, leached, escaped or otherwise been released into the environment at the Premises? Yes  ̈ No  ̈ If the
answer is “yes,” please describe including (i) the date and duration of each such release, (ii) the material, substance or waste released, (iii) the extent of the spread of such release into or onto the air, soil
and/or water, (iv) any action to clean up the release, (v) any reports or notifications made of filed with any federal, state, or local agency, or any quasi-governmental agency (please provide copies of such reports or notifications) and
(vi) describe any legal, administrative or other action taken by any of the foregoing agencies or by any other person as a result of the release: 
  

			
		  	  

		  	  

		  	  

 This Hazardous Materials Questionnaire is certified as being true and accurate and has been completed by the
party whose signature appears below on behalf of Tenant as of the date set forth below. 
  

							
	DATED:
                                         
       	 		 	
				
		 		 	Signature	 	 
		 		 	Print Name	 	  

		 		 	Title	 	  

 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

			
		
	TENANT’S PROPORTIONATE SHARE: 	  	100% of the Building
		
	TENANT’S BROKER:	  	Jones Lang LaSalle
		
	LANDLORD’S BROKER:	  	CBRE
		
	GUARANTOR(S):	  	There are no guarantors as of the date hereof.
		
	LETTER OF CREDIT: 	  	$2,000,000.00, subject to Section 39.B hereof.

 The foregoing Basic Lease Information is incorporated into and made a part of the Lease. Each reference in the Lease to any of
the Basic Lease Information shall mean the respective information above and shall be construed to incorporate all of the terms provided under the particular Lease section pertaining to such information. In the event of any conflict between the Basic
Lease Information and the Lease, the latter shall control. 
  

									
	LANDLORD:	 		 	TENANT:
			
	CREFII-RCI ORCHARD LLC,	 		 	PROTEINSIMPLE,
	a Delaware limited liability company	 		 	a Delaware corporation
					
	By:	 	RCI Orchard, LLC,	 		 		 	
		 	a Delaware limited liability company,	 		 	By:	 	 /s/ Jason Novi

		 	its Manager	 		 	Name: Jason Novi
		 		 		 	Its: CFO, VP Operations
					
	By:	 	 /s/ Trevor C. Wilson
	 		 		 	
	Name: Trevor C. Wilson	 		 		 	
	Its: Manager	 		 		 	

 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

 IN WITNESS WHEREOF, the parties hereto have executed this Lease as of the day and the year first
above written. 
  

									
	LANDLORD:	 		 	TENANT:
			
	CREFII-RCI ORCHARD LLC,	 		 	PROTEINSIMPLE,
	a Delaware limited liability company	 		 	a Delaware corporation
					
	By:	 	RCI Orchard, LLC,	 		 	By:	 	/s/ Jason Novi
		 	a Delaware limited liability company,	 		 	Name: Jason Novi
		 	its Manager	 		 	Its: CFO, VP Operations
					
	By:	 	 /s/ Trevor C. Wilson
	 		 		 	
	Name: Trevor C. Wilson	 		 		 	
	Its: Manager	 		 		 	

  
 D-1EX-10.9

 Exhibit 10.9 

LOAN AND SECURITY AGREEMENT 

THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of February 4, 2013 (the
“Effective Date”) between SILICON VALLEY BANK, a California corporation (“Bank”), and ZOOSK, INC., a Delaware corporation (“Borrower”), provides the terms on which Bank shall lend to
Borrower and Borrower shall repay Bank. The parties agree as follows: 

1          ACCOUNTING AND OTHER TERMS 

Accounting terms not defined in this Agreement shall be construed following GAAP. Calculations and determinations must be made
following GAAP. Capitalized terms not otherwise defined in this Agreement shall have the meanings set forth in Section 13. All other terms contained in this Agreement, unless otherwise indicated, shall have the meaning provided by the Code to
the extent such terms are defined therein. 
 2          LOAN AND
TERMS OF PAYMENT 
 2.1        Promise to Pay. Borrower hereby
unconditionally promises to pay Bank the outstanding principal amount of all Credit Extensions and accrued and unpaid interest thereon as and when due in accordance with this Agreement. 

2.1.1    Revolving Advances. 

(a)      Availability. Subject to the terms and conditions of this Agreement, Bank shall
make Advances not exceeding the Availability Amount. Amounts borrowed under the Revolving Line may be repaid and, prior to the Revolving Line Maturity Date, reborrowed, subject to the applicable terms and conditions precedent herein. 

(b)      Termination; Repayment. The Revolving Line terminates on the Revolving Line
Maturity Date, when the principal amount of all Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Line shall be immediately due and payable. 

2.1.2    Term Loan. 

(a)      Availability. Bank shall make one (1) term loan available to Borrower in
an amount up to the Term Loan Amount on the Effective Date subject to the satisfaction of the terms and conditions of this Agreement. 

(b)      Repayment. Beginning on the first day of the month after the Term Loan is made,
Borrower shall make interest-only payments on account of the Term Loan through the Term Amortization Date. Borrower shall repay the principal balance of the Term Loan outstanding on the Term Amortization Date in (i) thirty six (36) equal
installments of principal, plus (ii) monthly payments of accrued interest (each a “Term Loan Payment”). Beginning on the first day of the month following the Term Amortization Date, each Term Loan Payment shall be payable on
the first day of each month. Borrower’s final Term Loan Payment, due on the 

  
 -1- 

 
Term Maturity Date, shall include all outstanding principal and accrued and unpaid interest under the Term Loan, plus the Final Payment. Once repaid, no part of the Term Loan may be reborrowed.

 (c)      Final Payment. On the earlier of (i) the Term Maturity Date, or
(ii) the final prepayment or termination of the Term Loan, Borrower shall pay, in addition to the outstanding principal, accrued and unpaid interest, and all other amounts due on such date with respect to the Term Loan, an amount equal to the
Final Payment. 
 (d)      Prepayment. At Borrower’s option, Borrower shall have
the option to prepay in whole or in part, all or a portion, of the Term Loan Amount advanced by Bank under this Agreement, provided Borrower (a) provides written notice to Bank of its election to prepay such portion of the Term Loan at least
ten (10) Business Days prior to such prepayment, and (b) pays, on the date of the prepayment (i) all accrued and unpaid interest with respect to such portion of the Term Loan through the date the prepayment is made; (ii) all
unpaid principal with respect to such portion of the Term Loan being prepaid; and (iii) the Final Payment and all other sums, if any, that shall have become due and payable hereunder with respect to the Term Loan as of the date of the
prepayment. 
 2.2        Overadvances. If, at any time, the outstanding
principal amount of any Advances exceeds the lesser of either the Revolving Line or the Borrowing Base, Borrower shall immediately pay to Bank in cash the amount of such excess (such excess, the “Overadvance”). Without limiting
Borrower’s obligation to repay Bank any Overadvance, Borrower agrees to pay Bank interest on the outstanding amount of any Overadvance, on demand, at the Default Rate. 

2.3        Payment of Interest on the Credit Extensions. 

(a)      Interest Rate. 

(i)      Advances. Subject to Section 2.3(b), the principal amount outstanding
under the Revolving Line shall accrue interest at a per annum rate equal to one percentage point (1.00%) above the Prime Rate, which interest shall be payable monthly in accordance with Section 2.3(d) below. 

(ii)      Term Loan. Subject to Section 2.3(b), the principal amount outstanding
under the Term Loan shall accrue interest at a fixed per annum rate equal to three and three quarters of one percent (3.75%), which interest shall be payable monthly in accordance with Section 2.3(d) below. 

(b)      Default Rate. Immediately upon the occurrence and during the continuance of an
Event of Default, at Bank’s election exercised in Bank’s sole and unfettered discretion, the Obligations shall bear interest at a rate per annum which is five percentage points (5.0%) above the rate that is otherwise applicable
thereto (the “Default Rate”). Fees and expenses which are required to be paid by Borrower pursuant to the Loan Documents (including, without limitation, Bank Expenses) but are not paid when due shall bear interest until paid at a
rate equal to the highest rate then applicable to the Obligations. Payment or acceptance of the increased interest rate provided in this Section 2.3(b) is not a permitted alternative to timely 

  
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payment and shall not constitute a waiver of any Event of Default or otherwise prejudice or limit any rights or remedies of Bank. 

(c)      Adjustment to Interest Rate. Changes to the interest rate of any Credit
Extension based on changes to the Prime Rate shall be effective on the effective date of any change to the Prime Rate and to the extent of any such change. 

(d)      Payment; Interest Computation. Interest is payable monthly on the first
calendar day of each month and shall be computed on the basis of a three hundred sixty (360) day year for the actual number of days elapsed. In computing interest, (i) all payments received after 12:00 p.m. Pacific Time on any day shall be
deemed received at the opening of business on the next Business Day, and (ii) the date of the making of any Credit Extension shall be included and the date of payment shall be excluded; provided, however, that if any Credit Extension is repaid
on the same day on which it is made, such day shall be included in computing interest on such Credit Extension. 

2.4        Fees. Borrower shall pay to Bank: 

(a)      Good Faith Deposit. A good faith deposit of $10,000 (the “Good Faith
Deposit”). The Good Faith Deposit shall be utilized by Bank to pay the expenses incurred by Bank in the due diligence review process. Any portion of the Good Faith Deposit not utilized by Bank to pay such expenses shall be credited to
Borrower’s payment of the Bank Expenses described in Section 2.4(d); 

(b)      Commitment Fee. None; 

(c)      Final Payment. The Final Payment, when due hereunder (but only if the Term Loan
has been made hereunder); and 
 (d)      Bank Expenses. All Bank Expenses (including
reasonable attorneys’ fees and expenses for documentation and negotiation of this Agreement which fees for the documentation and negotiation of this Agreement are not estimated to exceed Fifteen Thousand Dollars ($15,000) as of the Effective
Date provided there are reasonable negotiations and Bank shall provide Borrower with written notice prior to such fees exceeding $15,000) incurred through and after the Effective Date, when due. 

(e)      Fees Fully Earned. Unless otherwise provided in this Agreement or in a separate
writing by Bank, Borrower shall not be entitled to any credit, rebate, or repayment of any fees earned by Bank pursuant to this Agreement notwithstanding any termination of this Agreement or the suspension or termination of Bank’s obligation to
make loans and advances hereunder. Bank may deduct amounts owing by Borrower under the clauses of this Section 2.4 pursuant to the terms of Section 2.5(c). Bank shall provide Borrower written notice of deductions made from the Designated
Deposit Account pursuant to the terms of the clauses of this Section 2.4. 

2.5        Payments; Application of Payments; Debit of Accounts. 

  
 -3- 

 (a)      All payments to be made by Borrower under
any Loan Document shall be made in immediately available funds in Dollars, without setoff or counterclaim, before 12:00 p.m. Pacific Time on the date when due. Payments of principal and/or interest received after 12:00 p.m. Pacific Time are
considered received at the opening of business on the next Business Day. When a payment is due on a day that is not a Business Day, the payment shall be due the next Business Day, and additional fees or interest, as applicable, shall continue to
accrue until paid. 
 (b)      Unless otherwise provided in this Agreement and so long as no
Event of Default has occurred and is continuing, amounts received by Bank on account of the Obligations shall be applied, first, to payment of that portion of the Obligations constituting interest on the Term Loan and then to interest on the
Advances, second, to payment of that portion of the Obligations constituting unpaid principal of the Term Loan and then to unpaid principal on the Advances, and, finally, to payment of that portion of the Obligations constituting other amounts owing
by Borrower to Bank, including, without limitation, any fees or Bank Expenses. 

(c)      Bank may debit any of Borrower’s deposit accounts, including the Designated
Deposit Account, for principal and interest payments or any other amounts Borrower owes Bank when due. These debits shall not constitute a set-off. 

2.6        Withholding. Payments received by Bank from Borrower under this
Agreement will be made free and clear of and without deduction for any and all present or future taxes, levies, imposts, duties, deductions, withholdings, assessments, fees or other charges imposed by any Governmental Authority (including any
interest, additions to tax or penalties applicable thereto). Specifically, however, if at any time any Governmental Authority, applicable law, regulation or international agreement requires Borrower to make any withholding or deduction from any such
payment or other sum payable hereunder to Bank, Borrower hereby covenants and agrees that the amount due from Borrower with respect to such payment or other sum payable hereunder will be increased to the extent necessary to ensure that, after the
making of such required withholding or deduction, Bank receives a net sum equal to the sum which it would have received had no withholding or deduction been required, and Borrower shall pay the full amount withheld or deducted to the relevant
Governmental Authority. Borrower will, upon request, furnish Bank with proof reasonably satisfactory to Bank indicating that Borrower has made such withholding payment; provided, however, that Borrower need not make any withholding payment if the
amount or validity of such withholding payment is contested in good faith by appropriate and timely proceedings and as to which payment in full is bonded or reserved against by Borrower. The agreements and obligations of Borrower contained in this
Section 2.6 shall survive the termination of this Agreement. 

2.7        Collection of Accounts. Except as otherwise provided pursuant to
Section 6.6, Bank shall require that all proceeds of domestic Accounts be deposited by Borrower into a cash collateral account (for receipt of wires and credit card collections) or into a remote deposit capture device (for receipt of checks) or
such other account as specified by Bank. Unless otherwise directed by Bank in writing, all invoices and other instructions submitted by Borrower to an account debtor relating to domestic Account payments shall designate the cash collateral account
or remote deposit capture device as the place to which such payments shall be made. In connection therewith, Borrower shall execute such documents, including without limitation a 

  
 -4- 

 
blocked account agreement in such form as Bank may reasonably specify and take such other actions, as Bank reasonably requests from time to time to effect the provisions of this Section. Whether
or not an Event of Default has occurred and is continuing, Borrower shall hold all payments on, and proceeds of, Accounts in trust for Bank, and Borrower shall immediately deliver all such payments and proceeds to Bank in their original form, duly
endorsed, to be applied (i) prior to an Event of Default, pursuant to the terms of Section 2.5 hereof, and (ii) after the occurrence and during the continuance of an Event of Default, pursuant to the terms of Section 9 hereof.

 3          CONDITIONS OF LOANS 

3.1        Conditions Precedent to Initial Credit Extension. Bank’s
obligation to make the initial Credit Extension is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, such documents, and completion of such other matters, as Bank may reasonably deem
necessary or appropriate, including, without limitation: 
 (a)      duly executed original
signatures to the Loan Documents; 
 (b)      duly executed original signatures to the
Warrant; 
 (c)      the Operating Documents and long-form good standing certificates of
Borrower and its Subsidiaries certified by the Secretary of State (or equivalent agency) of Borrower’s and such Subsidiaries’ jurisdiction of organization or formation and each jurisdiction in which Borrower and each Subsidiary is
qualified to conduct business, each as of a date no earlier than thirty (30) days prior to the Effective Date; 

(d)      duly executed original signatures to the completed Borrowing Resolutions for Borrower;

 (e)      duly executed original signatures to a payoff letter from Lighthouse and evidence
that (i) the Liens securing Indebtedness owed by Borrower to Lighthouse will be terminated and (ii) the documents and/or filings evidencing the perfection of such Liens, including without limitation any financing statements and/or control
agreements, have or will, concurrently with the initial Credit Extension, be terminated; 

(f)      certified copies, dated as of a recent date, of financing statement searches, as Bank
may request, accompanied by written evidence (including any UCC termination statements) that the Liens indicated in any such financing statements either constitute Permitted Liens or have been or, in connection with the initial Credit Extension,
will be terminated or released; 
 (g)      the Perfection Certificate(s) of Borrower,
together with the duly executed original signatures thereto; 
 (h)      a copy of
Borrower’s Amended and Restated Investor’s Rights Agreement and any then effective amendments thereto; 

  
 -5- 

 (i)      evidence satisfactory to Bank that the
insurance policies and endorsements required by Section 6.5 hereof are in full force and effect, together with appropriate evidence showing lender loss payable and/or additional insured clauses or endorsements in favor of Bank; and 

(j)      payment of the fees and Bank Expenses then due as specified in Section 2.4
hereof. 
 3.2        Conditions Precedent to all Credit Extensions.
Bank’s obligation to make each Credit Extension, including the initial Credit Extension, is subject to the following conditions precedent: 

(a)      except as otherwise provided in Section 3.5(a), timely receipt of an executed
Payment/Advance Form; 
 (b)      the representations and warranties in this Agreement shall
be true, accurate, and complete in all material respects on the date of the Payment/Advance Form and on the Funding Date of each Credit Extension; provided, however, that such materiality qualifier shall not be applicable to any representations and
warranties that already are qualified or modified by materiality in the text thereof; and provided, further that those representations and warranties expressly referring to a specific date shall be true, accurate and complete in all material
respects as of such date, and no Event of Default shall have occurred and be continuing or result from the Credit Extension. Each Credit Extension is Borrower’s representation and warranty on that date that the representations and warranties in
this Agreement remain true, accurate, and complete in all material respects; provided, however, that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in
the text thereof; and provided, further that those representations and warranties expressly referring to a specific date shall be true, accurate and complete in all material respects as of such date; and 

(c)      Bank determines, to its reasonable satisfaction that there has not been a Material
Adverse Change. 
 3.3        Covenant to Deliver. Within 90 days after the
Effective Date, Bank shall receive the Initial Audit in form and substance reasonably satisfactory to Bank. Borrower shall cause to be delivered to Bank each item required to be delivered to Bank under this Agreement as a condition precedent to any
Credit Extension. Borrower expressly agrees that a Credit Extension made prior to the receipt by Bank of any such item shall not constitute a waiver by Bank of Borrower’s obligation to deliver such item, and the making of any Credit Extension
in the absence of a required item shall be in Bank’s sole discretion. 

3.4        Procedures for Borrowing. 

(a)      Advances. Subject to the prior satisfaction of all other applicable conditions
to the making of an Advance set forth in this Agreement, to obtain an Advance, Borrower shall notify Bank (which notice shall be irrevocable) by electronic mail, facsimile, or telephone by 12:00 p.m. Pacific Time on the Funding Date of the Advance.
Together with any such electronic or facsimile notification, Borrower shall deliver to Bank by electronic mail or 

  
 -6- 

 
facsimile a completed Payment/Advance Form executed by a Responsible Officer or his or her designee. Bank may rely on any telephone notice given by a person whom Bank believes is a Responsible
Officer or designee. Bank shall credit Advances to the Designated Deposit Account. Bank may make Advances under this Agreement based on instructions from a Responsible Officer or his or her designee or without instructions if the Advances are
necessary to meet Obligations which have become due. 
 (b)      Term Loan. Subject to
the prior satisfaction of all other applicable conditions to the making of the Term Loan set forth in this Agreement, to obtain the Term Loan, Borrower shall notify Bank (which notice shall be irrevocable) by electronic mail, facsimile, or telephone
by 12:00 p.m. Pacific Time on the Term Funding Date. 

4          CREATION OF SECURITY INTEREST 

4.1        Grant of Security Interest. Borrower hereby grants Bank, to secure
the payment and performance in full of all of the Obligations, a continuing security interest in, and pledges to Bank, the Collateral, wherever located, whether now owned or hereafter acquired or arising, and all proceeds and products thereof. 

Borrower acknowledges that it previously has entered, and/or may in the future enter, into Bank Services Agreements with
Bank. Regardless of the terms of any Bank Services Agreement, Borrower agrees that any amounts Borrower owes Bank thereunder shall be deemed to be Obligations hereunder and that it is the intent of Borrower and Bank to have all such Obligations
secured by the first priority perfected security interest in the Collateral granted herein (subject only to Permitted Liens that are permitted pursuant to the terms of this Agreement to have superior priority to Bank’s Lien in this Agreement).

 If this Agreement is terminated, Bank’s Lien in the Collateral shall continue until the Obligations (other than
inchoate indemnity obligations) are repaid in full in cash. Upon payment in full in cash of the Obligations (other than inchoate indemnity obligations) and at such time as Bank’s obligation to make Credit Extensions has terminated, Bank shall,
at the sole cost and expense of Borrower, release its Liens in the Collateral and all rights therein shall revert to Borrower. In the event (x) all Obligations (other than inchoate indemnity obligations), except for Bank Services, are satisfied
in full, and (y) this Agreement is terminated, Bank shall terminate the security interest granted herein upon Borrower providing cash collateral acceptable to Bank in its good faith, commercially reasonable business judgment for Bank Services,
if any, provided that cash collateral shall not be required for any Bank Services that Borrower utilized on an unsecured basis prior to the Effective Date, to the extent those Bank Services at termination date are on substantially the same terms and
amounts as prior to the Effective Date. In the event such Bank Services consist of outstanding Letters of Credit, Borrower shall provide to Bank cash collateral in an amount equal to one hundred percent (100%) of the Dollar Equivalent of the
face amount of all such Letters of Credit plus all interest, fees, and costs due or to become due in connection therewith (as estimated by Bank in its business judgment), to secure all of the Obligations relating to such Letters of Credit. 

4.2        Priority of Security Interest. Borrower represents, warrants, and
covenants that the security interest granted herein is and shall at all times continue to be a first priority 

  
 -7- 

 
perfected security interest in the Collateral (subject only to Permitted Liens that are permitted pursuant to the terms of this Agreement to have superior priority to Bank’s Lien under this
Agreement). If Borrower shall acquire a commercial tort claim, Borrower shall promptly notify Bank in a writing signed by Borrower of the general details thereof and grant to Bank in such writing a security interest therein and in the proceeds
thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to Bank. 

4.3        Authorization to File Financing Statements. Borrower hereby
authorizes Bank to file financing statements, without notice to Borrower, with all appropriate jurisdictions to perfect or protect Bank’s interest or rights hereunder, including a notice that any disposition of the Collateral, by either
Borrower or any other Person, shall be deemed to violate the rights of Bank under the Code. 

5          REPRESENTATIONS AND WARRANTIES 

Borrower represents and warrants as follows: 

5.1        Due Organization, Authorization; Power and Authority. Borrower is
duly existing and in good standing as a Registered Organization in its jurisdiction of formation and is qualified and licensed to do business and is in good standing in any jurisdiction in which the conduct of its business or its ownership of
property requires that it be qualified except where the failure to do so would not reasonably be expected to have a material adverse effect on Borrower’s business. In connection with this Agreement, Borrower has delivered to Bank a completed
certificate signed by Borrower, entitled “Perfection Certificate”. Borrower represents and warrants to Bank that (a) Borrower’s exact legal name is that indicated on the Perfection Certificate and on the signature page hereof;
(b) Borrower is an organization of the type and is organized in the jurisdiction set forth in the Perfection Certificate; (c) the Perfection Certificate accurately sets forth Borrower’s organizational identification number or
accurately states that Borrower has none; (d) the Perfection Certificate accurately sets forth Borrower’s place of business, or, if more than one, its chief executive office as well as Borrower’s mailing address (if different than its
chief executive office); (e) Borrower (and each of its predecessors) has not, in the past five (5) years, changed its jurisdiction of formation, organizational structure or type, or any organizational number assigned by its jurisdiction;
and (f) all other information set forth on the Perfection Certificate pertaining to Borrower and each of its Subsidiaries is accurate and complete (it being understood and agreed that Borrower may from time to time update certain information in
the Perfection Certificate after the Effective Date to the extent permitted by one or more specific provisions in this Agreement). If Borrower is not now a Registered Organization but later becomes one, Borrower shall promptly notify Bank of such
occurrence and provide Bank with Borrower’s organizational identification number. 
 The execution, delivery and
performance by Borrower of the Loan Documents to which it is a party have been duly authorized, and do not (i) conflict with any of Borrower’s organizational documents, (ii) contravene, conflict with, constitute a default under or
violate any material Requirement of Law, (iii) contravene, conflict or violate any applicable order, writ, judgment, injunction, decree, determination or award of any Governmental Authority by which Borrower or any of its Subsidiaries or any of
their property or assets may be bound or affected, (iv) require any action by, filing, registration, or qualification with, or Governmental Approval 

  
 -8- 

 
from, any Governmental Authority (except such Governmental Approvals which have already been obtained and are in full force and effect and such qualifications or filings under applicable
securities laws and regulations as may be required in connection with the transactions contemplated by this Agreement) or (v) conflict with, contravene, constitute a default or breach under, or result in or permit the termination or
acceleration of, any material agreement by which Borrower is bound. Borrower is not in default under any agreement to which it is a party or by which it is bound in which the default would reasonably be expected to have a material adverse effect on
Borrower’s business. 
 5.2        Collateral. Borrower has good title
to, rights in, each item of the Collateral upon which it purports to grant a Lien hereunder, free and clear of any and all Liens except Permitted Liens. Borrower has no Collateral Accounts at or with any bank or financial institution other than Bank
or Bank’s Affiliates except for the Collateral Accounts described in the Perfection Certificate delivered to Bank in connection herewith and which Borrower has taken such actions as are necessary to give Bank a perfected security interest
therein, pursuant to the term of Section 6.6(b). The Accounts are bona fide, existing obligations of the Account Debtors. 

The Collateral with an aggregate value in excess of $100,000 is not in the possession of any third party bailee (such as a
warehouse) except as otherwise provided in the Perfection Certificate. None of the components of the Collateral shall be maintained at locations other than as provided in the Perfection Certificate or as permitted pursuant to Section 7.2. 

Borrower is the sole owner of the Intellectual Property material to its business which it owns or purports to own except for
(a) non-exclusive licenses granted to its customers in the ordinary course of business, (b) over-the-counter software that is commercially available to the public, and (c) material Intellectual Property licensed to Borrower and noted
on the Perfection Certificate. Each Patent which it owns or purports to own and which is material to Borrower’s business is valid and enforceable, and no part of the Intellectual Property which Borrower owns or purports to own and which is
material to Borrower’s business has been judged invalid or unenforceable, in whole or in part. To the best of Borrower’s knowledge, no claim has been made that any part of the Intellectual Property violates the rights of any third party
except to the extent such claim would not reasonably be expected to have a material adverse effect on Borrower’s business. 

Except as noted on the Perfection Certificate, Borrower is not a party to, nor is it bound by, any Restricted License. 

5.3        Litigation. Except as set forth on the Perfection Certificate, there
are no actions or proceedings pending or, to the knowledge of any Responsible Officer, threatened in writing by or against Borrower or any of its Subsidiaries involving more than, individually, Two Hundred Fifty Thousand Dollars ($250,000). 

5.4        Financial Statements; Financial Condition. All consolidated
financial statements for Borrower and any of its Subsidiaries delivered to Bank fairly present in all material respects Borrower’s consolidated financial condition and Borrower’s consolidated results of operations. There has not been any
material deterioration in Borrower’s consolidated financial condition since the date of the most recent financial statements submitted to Bank. 

  
 -9- 

 5.5        Solvency. The fair
salable value of Borrower’s consolidated assets (including goodwill minus disposition costs) exceeds the fair value of Borrower’s liabilities; Borrower is not left with unreasonably small capital after the transactions in this Agreement;
and Borrower is able to pay its debts (including trade debts) as they mature. 

5.6        Regulatory Compliance. Borrower is not an “investment
company” or a company “controlled” by an “investment company” under the Investment Company Act of 1940, as amended. Borrower is not engaged as one of its important activities in extending credit for margin stock (under
Regulations X, T and U of the Federal Reserve Board of Governors). Borrower has complied in all material respects with all Requirements of Law material to Borrower’s business. None of Borrower’s or any of its Subsidiaries’ properties
or assets has been used by Borrower or any Subsidiary or, to the best of Borrower’s knowledge, by previous Persons, in disposing, producing, storing, treating, or transporting any hazardous substance other than legally. Borrower and each of its
Subsidiaries have obtained all material consents, approvals and authorizations of, made all material declarations or filings with, and given all material notices to, all Governmental Authorities that are material to continue their respective
businesses as currently conducted. 
 5.7        Subsidiaries; Investments.
Borrower does not own any stock, partnership, or other ownership interest or other equity securities except for Permitted Investments. 

5.8        Tax Returns and Payments; Pension Contributions. Except as set forth
in the Perfection Certificate, Borrower has timely filed (taking into account all applicable extension periods) all required tax returns and reports, and Borrower has timely paid all foreign, federal, state and local taxes, assessments, deposits and
contributions owed by Borrower except (a) to the extent such taxes are being contested in good faith by appropriate proceedings promptly instituted and diligently conducted, so long as such reserve or other appropriate provision, if any, as
shall be required in conformity with GAAP shall have been made therefor, or (b) if such taxes, assessments, deposits and contributions do not, individually or in the aggregate, exceed One Hundred Thousand Dollars ($100,000). 

To the extent Borrower defers payment of any contested taxes, Borrower shall (i) notify Bank in writing of the
commencement of, and any material development in, the proceedings, and (ii) post bonds or take any other steps required to prevent the governmental authority levying such contested taxes from obtaining a Lien upon any of the Collateral that is
other than a “Permitted Lien.” Except as set forth in the Perfection Certificate, Borrower is unaware of any claims or adjustments proposed for any of Borrower’s prior tax years which could result in additional taxes becoming due and
payable by Borrower. Borrower has paid all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with their terms, and Borrower has not withdrawn from participation in, and has not permitted
partial or complete termination of, or permitted the occurrence of any other event with respect to, any such plan which could reasonably be expected to result in any liability of Borrower, including any liability to the Pension Benefit Guaranty
Corporation or its successors or any other governmental agency. 

  
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 5.9        Use of Proceeds.
Borrower shall use the proceeds of the Credit Extensions solely as working capital and to fund its general business requirements and not for personal, family, household or agricultural purposes. 

5.10      Full Disclosure. No written representation, warranty or other statement of
Borrower in any certificate or written statement given to Bank, as of the date such representation, warranty, or other statement was made, taken together with all such written certificates and written statements given to Bank, contains any untrue
statement of a material fact or omits to state a material fact necessary to make the statements contained in the certificates or statements not misleading (it being recognized by Bank that the projections and forecasts provided by Borrower in good
faith and based upon reasonable assumptions are not viewed as facts and that actual results during the period or periods covered by such projections and forecasts may differ from the projected or forecasted results). 

5.12      Definition of “Knowledge.” For purposes of the Loan Documents,
whenever a representation or warranty is made to Borrower’s knowledge or awareness, to the “best of” Borrower’s knowledge, or with a similar qualification, knowledge or awareness means the actual knowledge, after reasonable
investigation, of any Responsible Officer. 
 6          AFFIRMATIVE
COVENANTS 
 Borrower shall do all of the following: 

6.1        Government Compliance. 

(a)      Maintain its and all its Subsidiaries’ legal existence and good standing in their
respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply,
and have each Subsidiary comply, in all material respects, with all material laws, ordinances and regulations to which it is subject. 

(b)      Obtain all of the Governmental Approvals necessary for the performance by Borrower of
its obligations under the Loan Documents to which it is a party and the grant of a security interest to Bank in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank. 

6.2        Financial Statements, Reports, Certificates. Provide Bank with the
following: 
 (a)      Recurring Revenue. Within thirty (30) days after the last
day of each month, a recurring revenue report in form reasonably satisfactory to Bank (provided, however, that after the Qualified IPO, this section shall be of no further force or effect); 

(b)      Borrowing Base Reports. Within thirty (30) days after the last day of each
month, aged listings of Committed Monthly Recurring Revenue and accounts payable (by invoice date) (together with the recurring revenue reports, the “Borrowing Base Reports”) (provided, however, that after the Qualified IPO, this
section shall be of no further force or effect); 

  
 -11- 

 (c)      Borrowing Base Certificate. Within
thirty (30) days after the last day of each month and together with the Borrowing Base Reports, a duly completed Borrowing Base Certificate signed by a Responsible Officer (provided, however, that after the Qualified IPO, Borrower shall provide
Bank with such Borrowing Base Certificate on a quarterly basis rather than monthly); 

(d)      Monthly Financial Statements. As soon as available, but no later than thirty
(30) days after the last day of each month, a company prepared consolidating balance sheet and income statement covering Borrower’s and each of its Subsidiary’s operations for such month certified by a Responsible Officer and in a
form reasonably acceptable to Bank (the “Monthly Financial Statements”) (provided, however, that after the Qualified IPO, this section shall be of no further force or effect); 

(e)      Monthly Compliance Certificate. Within thirty (30) days after the last day
of each month and together with the Monthly Financial Statements, a duly completed Compliance Certificate signed by a Responsible Officer, certifying that as of the end of such month, Borrower was in full compliance with all of the terms and
conditions of this Agreement, and setting forth calculations showing compliance with the financial covenants set forth in this Agreement; 

(f)      Annual Projections. As soon as available, but no later than the later of
(i) thirty (30) days after the last day of Borrower’s fiscal year and (ii) thirty (30) days after approval by Borrower’s Board of Directors, annual financial projections, broken down by quarter, consisting of revenue,
operating margin, net income and EBITDA and a summary balance sheet, approved by Borrower’s Board of Directors commensurate in form and detail with those provided to Borrower’s venture capital investors; 

(g)      Annual Audited Financial Statements. As soon as available, but no later than
one hundred eighty (180) days after the last day of Borrower’s fiscal year beginning with the fiscal year ended December 31, 2012, audited consolidated financial statements prepared under GAAP, consistently applied, together with an
unqualified opinion (except for a “going concern” reservation based on Borrower’s cash balances) on the financial statements from an independent certified public accounting firm reasonably acceptable to Bank (Bank acknowledges that
Borrower’s current independent certified public accounting firm as of the Effective Date, KPMG, is acceptable to Bank as of the Effective Date); 

(h)      Other Statements. Within five (5) days of delivery, copies of all
statements, reports and notices made available (or required to be made available) to all of Borrower’s security holders or to all holders of Subordinated Debt; 

(i)      SEC Filings. In the event that Borrower becomes subject to the reporting
requirements under the Exchange Act within five (5) days of filing, copies of all periodic and other reports, proxy statements and other similar materials filed by Borrower with the SEC, any Governmental Authority succeeding to any or all of
the functions of the SEC or with any national securities exchange, or distributed to all of its shareholders (or required to be so distributed), as the case may be (other than materials filed by Borrower on a “confidential treatment”
basis). Documents required to be delivered pursuant to the terms hereof (to the extent 

  
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any such documents are included in materials otherwise filed with the SEC) may be delivered electronically and if so delivered, shall be deemed to have been delivered on the date on which
Borrower posts such documents, or provides a link thereto, on Borrower’s website on the Internet at Borrower’s website address, or are available at www.sec.gov (or any successor site maintained by the SEC for similar purposes); provided,
however, Borrower shall promptly notify Bank in writing (which may be by electronic mail) of the posting of any such documents; 

(j)      Legal Action Notice. A prompt report of any legal actions pending or threatened
in writing against Borrower or any of its Subsidiaries that would reasonably be expected to result in damages or costs to Borrower or any of its Subsidiaries of, individually, Two Hundred Fifty Thousand Dollars ($250,000) or more; and 

(k)      Other Financial Information. A report of the number of subscribers, churn and
cohort analyses no more frequently than quarterly. 
 6.3        Inventory;
Returns. Keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its Account Debtors shall follow Borrower’s customary practices as they exist at the Effective Date.
Borrower must promptly notify Bank of all returns, recoveries, disputes and claims that involve more than Two Hundred Fifty Thousand Dollars ($250,000). 

6.4        Taxes; Pensions. Timely file (taking into account all applicable
extension periods), and require each of its Subsidiaries to timely file (taking into account all applicable extension periods), all required tax returns and reports and timely pay (taking into account all applicable extension periods), and require
each of its Subsidiaries to timely pay (taking into account all applicable extension periods), all foreign, federal, state and local taxes, assessments, deposits and contributions owed by Borrower and each of its Subsidiaries, except for deferred
payment of any taxes contested pursuant to the terms of Section 5.9 hereof, and shall deliver to Bank, on demand, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and
deferred compensation plans in accordance with their terms. 

6.5        Insurance. 

(a)      Keep its business and the Collateral insured for risks and in amounts standard for
companies in Borrower’s industry and location and as Bank may reasonably request (Bank acknowledges that insurance maintained by Borrower as of the Effective Date is acceptable to Bank as of the Effective Date). Insurance policies shall be in a
form, with financially sound and reputable insurance companies that are not Affiliates of Borrower, and in amounts that are satisfactory to Bank (Bank acknowledges that insurance maintained by Borrower as of the Effective Date is acceptable to Bank
as of the Effective Date). All property policies shall have a lender’s loss payable endorsement showing Bank as the sole lender loss payee. All liability policies shall show, or have endorsements showing, Bank as an additional insured. Bank
shall be named as lender loss payee and/or additional insured with respect to any such insurance providing coverage in respect of any Collateral. 

  
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 (b)      Ensure that proceeds payable under any
property policy are, at Bank’s option, payable to Bank on account of the Obligations. 

(c)      At Bank’s request. Borrower shall deliver certified copies of insurance policies
and evidence of all premium payments. Each provider of any such insurance required under this Section 6.5, or Borrower’s insurance broker, shall agree, by endorsement upon the policy or policies issued by it or by independent instruments
furnished to Bank, that it will endeavor to give Bank thirty (30) days prior written notice before any such policy or policies shall be materially altered or canceled. If Borrower fails to obtain insurance as required under this
Section 6.5 or to pay any amount or furnish any required proof of payment to third persons and Bank, Bank may make all or part of such payment or obtain such insurance policies required in this Section 6.5, and take any action under the
policies Bank deems prudent. 
 6.6        Operating Accounts. 

(a)      Maintain its primary U.S. Deposit Accounts and Securities Accounts with Bank, which
accounts with Bank and Bank’s Affiliates shall represent at least eighty five percent (85%) of the dollar value of Borrower’s U.S. Deposit Accounts and Securities Accounts at all U.S. financial institutions (for the sake of clarity,
Bank acknowledges that credit card processors retain certain amounts against possible chargebacks against Borrower in the ordinary course of business, and those amounts are excluded in this calculation as long as they are retained by those
processors). Borrower shall complete transition of its operating and other deposit accounts and securities accounts to Bank within thirty (30) days after the Effective Date. Borrower will discuss in good faith with Bank the opening of
international accounts and the potential of an international banking relationship. 

(b)      For each Collateral Account that Borrower at any time maintains, Borrower shall cause
the applicable bank or financial institution (other than Bank) at or with which any Collateral Account is maintained to execute and deliver a Control Agreement or other appropriate instrument with respect to such Collateral Account to perfect
Bank’s Lien in such Collateral Account in accordance with the terms hereunder which Control Agreement may not be terminated without the prior written consent of Bank. The provisions of the previous sentence shall not apply to deposit accounts
exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of Borrower’s employees and identified to Bank by Borrower as such. 

6.7        Financial Covenants. 

   (a)      Minimum EBITDA. Maintain at all times,
measured as of the end of each fiscal quarter on a trailing three (3) month basis, minimum EBITDA (or maximum EBITDA loss) of at least the following: 
  

			
	Period	  	Minimum EBITDA
		
	 Quarter ending December 31, 2012
	  	($11,000,000)
	 Quarter ending March 31, 2013
	  	($4,000,000)
	 Quarter ending June 30, 2013
	  	($3,250,000)

  
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	 Quarter ending September 30, 2013
	  	($2,000,000)
	 Quarter ending December 31, 2013
	  	($1,000,000)
	 Thereafter
	  	The quarterly Minimum EBITDA levels will be mutually agreed upon in good faith by Borrower and Bank within 60 days after December, 31, 2013 based upon Borrower’s board approved projections consistent with the
determination of the 2013 levels (or as determined by Bank if any of Borrower’s board approved revenue projections for 2014 are less than Borrower’s 2013 revenue projections).

 6.8        Protection of Intellectual Property
Rights. 
 (a)      (i) Protect, defend and maintain the validity and enforceability of
its material Intellectual Property; (ii) promptly advise Bank in writing of material infringements or any other event that could reasonably be expected to materially and adversely affect the value of its material Intellectual Property; and
(iii) not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent. 

(b)      Provide written notice to Bank within ten (10) days of entering or becoming bound
by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall take such steps as Bank reasonably requests to obtain the consent of, or waiver by, any person whose consent or waiver is
necessary for (i) any Restricted License to be deemed “Collateral” and for Bank to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now
existing or entered into in the future, and (ii) Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with Bank’s rights and remedies under this Agreement and the other Loan
Documents. 
 6.9        Litigation Cooperation. From the date hereof and
continuing through the termination of this Agreement, make reasonably available to Bank during Borrower’s regular business hours, without expense to Bank, Borrower and its officers, employees and agents and Borrower’s books and records, to
the extent that Bank may deem them reasonably necessary to prosecute or defend any third-party suit or proceeding instituted by or against Bank with respect to any Collateral or relating to Borrower. 

6.10      Access to Collateral; Books and Records. Upon reasonable advance notice and
during normal business hours, allow Bank, or its agents, to inspect the Collateral and audit and copy Borrower’s Books. After the Initial Audit, such inspections or audits shall be conducted no 

  
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more often than once every twelve (12) months unless an Event of Default has occurred and is continuing, in which case such inspections and audits shall occur as often as Bank shall
determine is reasonably necessary. The foregoing inspections and audits shall be at Borrower’s expense and the charge therefor shall be $850 per person per day (or such higher amount as shall represent Bank’s then-current standard charge
for the same), plus reasonable out-of-pocket expenses. 
 6.11      Formation or
Acquisition of Subsidiaries. Notwithstanding and without limiting the negative covenants contained in Sections 7.3 and 7.7 hereof, at the time that Borrower forms any direct or indirect Subsidiary or acquires any direct or indirect Subsidiary
after the Effective Date, Borrower shall (a) cause such new domestic Subsidiary to provide to Bank a joinder to the Loan Agreement to cause such Subsidiary to become a co-borrower hereunder, together with such appropriate financing statements
and/or Control Agreements, all in form and substance satisfactory to Bank (including being sufficient to grant Bank a first priority Lien (subject to Permitted Liens) in and to the assets of such newly formed or acquired Subsidiary to the extent
such assets would otherwise be Collateral under this Agreement), (b) provide to Bank appropriate certificates and powers and financing statements, pledging all of the direct or beneficial ownership interest in such new Subsidiary, in form and
substance satisfactory to Bank (but only 65% of any Subsidiary incorporated outside the United States), and (c) provide to Bank all other documentation in form and substance satisfactory to Bank, including at Bank’s request one or more
opinions of counsel satisfactory to Bank, which in its opinion is appropriate with respect to the execution and delivery of the applicable documentation referred to above. Any document, agreement, or instrument executed or issued pursuant to this
Section 6.11 shall be a Loan Document. 
 6.12      Further Assurances. Execute
any further instruments and take further action as Bank reasonably requests to perfect or continue Bank’s Lien in the Collateral or to effect the purposes of this Agreement. Deliver to Bank, within ten (10) Business Days after the same are
sent or received, copies of all correspondence, reports, documents and other filings with any Governmental Authority regarding compliance with or maintenance of Governmental Approvals or Requirements of Law or that would reasonably be expected to
have a material adverse effect on any of the Governmental Approvals or otherwise on the operations of Borrower or any of its Subsidiaries. 

7          NEGATIVE COVENANTS 

Borrower shall not do any of the following without Bank’s prior written consent: 

7.1        Dispositions. Convey, sell, lease, transfer, assign, or otherwise
dispose of (collectively, “Transfer”), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, except for Transfers (a) of Inventory in the ordinary course of business; (b) of worn out, surplus
or obsolete Equipment that is, in the reasonable judgment of Borrower, no longer economically practicable to maintain or useful in the ordinary course of business of Borrower; (c) consisting of Permitted Liens and Permitted Investments;
(d) consisting of the sale or issuance of any equity securities of Borrower that does not result in a Change of Control; (e) consisting of Borrower’s use or transfer of money or Cash Equivalents in the ordinary course of its business
for the payment of ordinary course business expenses in a manner that is not 

  
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prohibited by the terms of this Agreement or the other Loan Documents; (f) of open source code and non-exclusive licenses for the use of the property of Borrower or its Subsidiaries in the
ordinary course of business; and (g) other Transfers not otherwise permitted pursuant to this provision so long as the fair market value of the assets subject to any such Transfer does not in the aggregate exceed One Hundred Thousand Dollars
($100,000) in any fiscal year. 
 7.2        Changes in Business, Management,
Ownership, Control, or Business Locations. (a) Engage in or permit any of its Subsidiaries to engage in any business other than the businesses currently engaged in by Borrower and such Subsidiary, as applicable, or reasonably related
thereto; (b) liquidate or dissolve; or (c) (i) fail to provide notice to Bank of either its Chief Executive Officer of Chief Financial Officer departing from or ceasing to be employed by Borrower within ten (10) days after their
departure from Borrower; or (ii) permit or suffer any Change in Control. 
 Borrower shall not, without at least
fifteen (15) days prior written notice to Bank: (1) add any new offices or business locations, including warehouses (unless such new offices or business locations contain less than One Hundred Thousand Dollars ($100,000) in Borrower’s
assets or property) or deliver any portion of the Collateral valued, individually or in the aggregate, in excess of One Hundred. Thousand Dollars ($100,000) to a bailee at a location other than to a bailee and at a location already disclosed in the
Perfection Certificate, (2) change its jurisdiction of organization, (3) change its organizational structure or type, (4) change its legal name, or (5) change any organizational number (if any) assigned by its jurisdiction of
organization. If Borrower intends to deliver any portion of the Collateral valued, individually or in the aggregate, in excess of One Hundred Thousand Dollars ($100,000) to a bailee, and Bank and such bailee are not already parties to a bailee
agreement governing both the Collateral and the location to which Borrower intends to deliver the Collateral, then Borrower will first receive the written consent of Bank, and such bailee shall execute and deliver a bailee agreement in form and
substance reasonably satisfactory to Bank. 
 7.3        Mergers or
Acquisitions. Merge or consolidate, or permit any of its Subsidiaries to merge or consolidate, with any other Person, or acquire, or permit any of its Subsidiaries to acquire, all or substantially all of the capital stock or property of another
Person (including, without limitation, by the formation of any Subsidiary) except where (a) total cash consideration and assumption of debt for all such transactions (other than those transactions consented to by Bank) does not in the aggregate
exceed $750,000 ($2,000,000 after a Qualified IPO) in any fiscal year of Borrower and the value of any non-cash consideration, for all such transactions, does not in the aggregate exceed $1,000,000 ($4,000,000 after a Qualified IPO); (b) no
Event of Default has occurred and is continuing or would exist after giving effect to the transactions; and (c) Borrower is the surviving legal entity. A Subsidiary may merge or consolidate into another Subsidiary or into Borrower. 

7.4        Indebtedness. Create, incur, assume, or be liable for any
Indebtedness, or permit any Subsidiary to do so, other than Permitted Indebtedness. 

7.5        Encumbrance. Create, incur, allow, or suffer any Lien on any of its
property, or assign or convey any right to receive income, including the sale of any Accounts (other than delinquent Accounts immaterial to Borrower’s business sold for collection in the ordinary course

  
 -17- 

 
of business that are not included in the Borrowing Base or any Borrowing Base Report), or permit any of its Subsidiaries to do so, except for Permitted Liens, permit any Collateral not to be
subject to the first priority security interest granted herein, or enter into any agreement, document, instrument or other arrangement (except with or in favor of Bank) with any Person which directly or indirectly prohibits or has the effect of
prohibiting Borrower or any Subsidiary from assigning, mortgaging, pledging, granting a security interest in or upon, or encumbering any of Borrower’s or any Subsidiary’s Intellectual Property, except as is otherwise permitted in
Section 7.1 hereof and the definition of “Permitted Liens” herein. 

7.6        Maintenance of Collateral Accounts. Maintain any Collateral Account
except pursuant to the terms of Section 6.6(b) hereof. 

7.7        Distributions; Investments. (a) Pay any dividends or make any
distribution or payment or redeem, retire or purchase any capital stock provided that (i) Borrower may convert any of its convertible securities into other securities pursuant to the terms of such convertible securities or otherwise in exchange
thereof, (ii) Borrower may pay dividends solely in common stock; and (iii) Borrower may repurchase the stock of employees, directors or consultants pursuant to stock repurchase agreements (or similar agreements) so long as an Event of
Default does not exist at the time of such repurchase and would not exist after giving effect to such repurchase, provided that the aggregate amount of all such repurchases does not exceed Two Hundred Fifty Thousand Dollars ($250,000) per fiscal
year; or (b) directly or indirectly make any Investment (including, without limitation, by the formation of any Subsidiary) other than Permitted Investments or as permitted under Section 7.3, or permit any of its Subsidiaries to do so.

 7.8        Transactions with Affiliates. Directly or indirectly enter into
or permit to exist any material transaction with any Affiliate of Borrower, except for transactions that are in the ordinary course of Borrower’s business, upon fair and reasonable terms that are no less favorable to Borrower than would be
obtained in an arm’s length transaction with a non-affiliated Person. 

7.9        Subordinated Debt. (a) Make or permit any payment on any
Subordinated Debt, except under the terms of the subordination, intercreditor, or other similar agreement to which such Subordinated Debt is subject, or (b) amend any provision in any document relating to the Subordinated Debt which would
increase the amount thereof, provide for earlier or greater principal, interest, or other payments thereon, or adversely affect the subordination thereof to Obligations owed to Bank. 

7.10      Compliance. Become an “investment company” or a company controlled by
an “investment company”, under the Investment Company Act of 1940, as amended, or undertake as one of its important activities extending credit to purchase or carry margin stock (as defined in Regulation U of the Board of Governors of the
Federal Reserve System), or use the proceeds of any Credit Extension for that purpose; fail to meet the minimum funding requirements of ERISA, permit a Reportable Event or Prohibited Transaction, as defined in ERISA, to occur; fail to comply with
the Federal Fair Labor Standards Act or violate any other law or regulation, if the violation could reasonably be expected to have a material adverse effect on Borrower’s business, or permit any of its Subsidiaries to do so; withdraw or permit
any Subsidiary to withdraw from participation in, permit partial or complete termination of, or permit the occurrence of any other 

  
 -18- 

 
event with respect to, any present pension, profit sharing and deferred compensation plan which could reasonably be expected to result in any liability of Borrower, including any liability to the
Pension Benefit Guaranty Corporation or its successors or any other governmental agency. 

8          EVENTS OF DEFAULT 

Any one of the following shall constitute an event of default (an “Event of Default”) under this Agreement:

 8.1        Payment Default. Borrower fails to (a) make any payment of
principal or interest on any Credit Extension when due, or (b) pay any other Obligations within three (3) Business Days after such Obligations are due and payable (which three (3) Business Day cure period shall not apply to payments
due on the Revolving Line Maturity Date or the Term Maturity Date). During the cure period, the failure to make or pay any payment specified under clause (b) hereunder is not an Event of Default (but no Credit Extension will be made during the
cure period); Notwithstanding the foregoing, an Event of Default shall not occur on account of a failure to pay due solely to an administrative or operational error by Bank if Borrower had the funds to make the payment when due and makes the payment
the Business Day following Borrower’s knowledge of such failure to pay); 

8.2        Covenant Default. 

(a) Borrower fails or neglects to perform any obligation in Sections 6.2, 6.3, 6.4, 6.5, 6.6, 6.7, 6.10 or 6.11 or violates
any covenant in Section 7; or 
 (b) Borrower fails or neglects to perform, keep, or observe any other term,
provision, condition, covenant or agreement contained in this Agreement or any Loan Documents, and as to any default (other than those specified in this Section 8) under such other term, provision, condition, covenant or agreement that can be
cured, has failed to cure the default within ten (10) days after the occurrence thereof; provided, however, that if the default cannot by its nature be cured within the ten (10) day period or cannot after diligent attempts by Borrower be
cured within such ten (10) day period, and such default is likely to be cured within a reasonable time, then Borrower shall have an additional period (which shall not in any case exceed thirty (30) days) to attempt to cure such default,
and within such reasonable time period the failure to cure the default shall not be deemed an Event of Default (but no Credit Extensions shall be made during such cure period). Cure periods provided under this section shall not apply to financial
covenants or any other covenants set forth in clause (a) above; 

8.3        Reserved. 

8.4        Attachment; Levy; Restraint on Business. 

(a) (i) The service of process seeking to attach, by trustee or similar process, any funds of Borrower or of any entity
under the control of Borrower (including a Subsidiary), or (ii) a notice of lien or levy is filed against any of Borrower’s assets by any Governmental Authority, and the same under subclauses (i) and (ii) hereof are not, within
ten (10) days after the occurrence thereof, discharged or stayed (whether through the posting of a bond or otherwise); provided, however, no Credit Extensions shall be made during any ten (10) day cure period; or 

  
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 (b) (i) any material portion of Borrower’s assets is attached, seized,
levied on, or comes into possession of a trustee or receiver, or (ii) any court order enjoins, restrains, or prevents Borrower from conducting all or any material part of its business; 

8.5        Insolvency. (a) Borrower or any of its Subsidiaries is unable
to pay its debts (including trade debts) as they become due or otherwise becomes insolvent; (b) Borrower or any of its Subsidiaries begins an Insolvency Proceeding; or (c) an Insolvency Proceeding is begun against Borrower or any of its
Subsidiaries and is not dismissed or stayed within forty five (45) days (but no Credit Extensions shall be made while any of the conditions described in clause (a) exist and/or until any Insolvency Proceeding is dismissed); 

8.6        Other Agreements. There is, under any agreement to which Borrower or
any Guarantor is a party with a third party or parties, (a) any default resulting in a right by such third party or parties, whether or not exercised, to accelerate the maturity of any Indebtedness in an amount individually or in the aggregate
in excess of Two Hundred Fifty Thousand Dollars ($250,000); or (b) any breach or default by Borrower, the result of which would reasonably be expected to have a material adverse effect on Borrower’s business; 

8.7        Judgments; Penalties. One or more fines, penalties or final
judgments, orders or decrees for the payment of money in an amount, individually or in the aggregate, of at least Two Hundred Fifty Thousand Dollars ($250,000) (not covered by independent third-party insurance as to which liability has been accepted
by such insurance carrier) shall be rendered against Borrower by any Governmental Authority, and the same are not, within ten (10) days after the entry, assessment or issuance thereof, discharged, satisfied, or paid, or after execution thereof,
stayed or bonded pending appeal, or such judgments are not discharged prior to the expiration of any such stay (provided that no Credit Extensions will be made prior to the satisfaction, payment, discharge, stay, or bonding of such fine, penalty,
judgment, order or decree); 
 8.8        Misrepresentations. Borrower or any
Person acting for Borrower makes any representation, warranty, or other statement now or later in this Agreement, any Loan Document or in any writing delivered to Bank or to induce Bank to enter this Agreement or any Loan Document, and such
representation, warranty, or other statement is incorrect in any material respect when made; 

8.9        Subordinated Debt. Any document, instrument, or agreement evidencing
the subordination of any Subordinated Debt shall for any reason be revoked or invalidated or otherwise cease to be in full force and effect, any Person shall be in breach thereof or contest in any manner the validity or enforceability thereof or
deny that it has any further liability or obligation thereunder, or the Obligations shall for any reason be subordinated or shall not have the priority contemplated by this Agreement; 

8.10      Governmental Approvals. Any material Governmental Approval shall have been
(a) revoked, rescinded, suspended, modified in an adverse manner or not renewed in the ordinary course for a full term or (b) subject to any decision by a Governmental Authority that designates a hearing with respect to any applications
for renewal of any of such material Governmental Approval or that could result in the Governmental Authority taking any of the actions described in clause (a) above, and such decision or such revocation, rescission,

  
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suspension, modification or non-renewal (i) cause, or would reasonably be expected to cause, a Material Adverse Change, or (ii) adversely affects the legal qualifications of Borrower or
any of its Subsidiaries to hold such material Governmental Approval in any applicable jurisdiction and such revocation, rescission, suspension, modification or non-renewal would reasonably be expected to affect the status of or legal qualifications
of Borrower or any of its Subsidiaries to hold any material Governmental Approval in any other jurisdiction. 

9          BANK’S RIGHTS AND REMEDIES 

9.1        Rights and Remedies. Upon the occurrence and during the continuance
of an Event of Default, Bank may, without notice or demand, do any or all of the following: 

(a)      declare all Obligations immediately due and payable (but if an Event of Default
described in Section 8.5 occurs all Obligations are immediately due and payable without any action by Bank); 

(b)      stop advancing money or extending credit for Borrower’s benefit under this
Agreement or under any other agreement between Borrower and Bank; 

(c)      (c)      for any Letters of Credit, require that
Borrower (i) deposit cash with Bank in an amount equal to 105% of the Dollar Equivalent of the aggregate face amount of all Letters of Credit remaining undrawn (plus all interest, fees, and costs due or to become due in connection therewith (as
estimated by Bank in its good faith business judgment)), to secure all of the Obligations relating to such Letters of Credit, as collateral security for the repayment of any future drawings under such Letters of Credit, and Borrower shall forthwith
deposit and pay such amounts, and (ii) pay in advance all letter of credit fees scheduled to be paid or payable over the remaining term of any Letters of Credit; 

(d)      terminate any FX Contracts; 

(e)      verify the amount of, demand payment of and performance under, and collect any
Accounts and General Intangibles, settle or adjust disputes and claims directly with Account Debtors for amounts on terms and in any order that Bank considers advisable, and notify any Person owing Borrower money of Bank’s security interest in
such funds; 
 (f)      make any payments and do any acts it considers necessary or
reasonable to protect the Collateral and/or its security interest in the Collateral. Borrower shall assemble the Collateral if Bank requests and make it available as Bank designates. Bank may enter premises where the Collateral is located, take and
maintain possession of any part of the Collateral, and pay, purchase, contest, or compromise any Lien which appears to be prior or superior to its security interest and pay all expenses incurred. Borrower grants Bank a license to enter and occupy
any of its premises, without charge, to exercise any of Bank’s rights or remedies; 

(g)      apply to the Obligations any (i) balances and deposits of Borrower it holds, or
(ii) any amount held by Bank owing to or for the credit or the account of Borrower; 

(h)      ship, reclaim, recover, store, finish, maintain, repair, prepare for sale, advertise
for sale, and sell the Collateral. Bank is hereby granted a non-exclusive, royalty-free 

  
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license or other right to use, without charge, Borrower’s labels, Patents, Copyrights, mask works, rights of use of any name, trade secrets, trade names, Trademarks, and advertising matter,
or any similar property as it pertains to the Collateral, in completing production of, advertising for sale, and selling any Collateral and, in connection with Bank’s exercise of its rights under this Section, Borrower’s rights under all
licenses and all franchise agreements inure to Bank’s benefit; 
 (i)      place a
“hold” on any account maintained with Bank and/or deliver a notice of exclusive control, any entitlement order, or other directions or instructions pursuant to any Control Agreement or similar agreements providing control of any
Collateral; 
 (j)      demand and receive possession of Borrower’s Books; and 

(k)      exercise all rights and remedies available to Bank under the Loan Documents or at law
or equity, including all remedies provided under the Code (including disposal of the Collateral pursuant to the terms thereof). 

9.2        Power of Attorney. Borrower hereby irrevocably appoints Bank as its
lawful attorney-in-fact, exercisable upon the occurrence and during the continuance of an Event of Default, to: (a) endorse Borrower’s name on any checks or other forms of payment or security; (b) sign Borrower’s name on any
invoice or bill of lading for any Account or drafts against Account Debtors; (c) settle and adjust disputes and claims about the Accounts directly with Account Debtors, for amounts and on terms Bank determines reasonable; (d) make, settle,
and adjust all claims under Borrower’s insurance policies; (e) pay, contest or settle any Lien, charge, encumbrance, security interest, and adverse claim in or to the Collateral, or any judgment based thereon, or otherwise take any action
to terminate or discharge the same; and (f) transfer the Collateral into the name of Bank or a third party as the Code permits. Borrower hereby appoints Bank as its lawful attorney-in-fact to sign Borrower’s name on any documents necessary
to perfect or continue the perfection of Bank’s security interest in the Collateral regardless of whether an Event of Default has occurred until all Obligations have been satisfied in full and Bank is under no further obligation to make Credit
Extensions hereunder. Bank’s foregoing appointment as Borrower’s attorney in fact, and all of Bank’s rights and powers, coupled with an interest, are irrevocable until all Obligations have been fully repaid and performed and
Bank’s obligation to provide Credit Extensions terminates. 

9.3        Protective Payments. If Borrower fails to obtain the insurance
called for by Section 6.5 or fails to pay any premium thereon or fails to pay any other amount which Borrower is obligated to pay under this Agreement or any other Loan Document or which may be required to preserve the Collateral, Bank may
obtain such insurance or make such payment, and all amounts so paid by Bank are Bank Expenses and immediately due and payable, bearing interest at the then highest rate applicable to the Obligations, and secured by the Collateral. Bank will make
reasonable efforts to provide Borrower with notice of Bank obtaining such insurance at the time it is obtained or within a reasonable time thereafter. No payments by Bank are deemed an agreement to make similar payments in the future or Bank’s
waiver of any Event of Default. 
 9.4        Application of Payments and
Proceeds Upon Default. If an Event of Default has occurred and is continuing, Bank shall have the right to apply in any order any funds in its 

  
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possession, whether from Borrower account balances, payments, proceeds realized as the result of any collection of Accounts or other disposition of the Collateral, or otherwise, to the
Obligations. Bank shall pay any surplus to Borrower by credit to the Designated Deposit Account or to other Persons legally entitled thereto; Borrower shall remain liable to Bank for any deficiency. If Bank, directly or indirectly, enters into a
deferred payment or other credit transaction with any purchaser at any sale of Collateral, Bank shall have the option, exercisable at any time, of either reducing the Obligations by the principal amount of the purchase price or deferring the
reduction of the Obligations until the actual receipt by Bank of cash therefor. 

9.5        Bank’s Liability for Collateral. So long as Bank complies with
reasonable banking practices regarding the safekeeping of the Collateral in the possession or under the control of Bank, Bank shall not be liable or responsible for: (a) the safekeeping of the Collateral; (b) any loss or damage to the
Collateral; (c) any diminution in the value of the Collateral; or (d) any act or default of any carrier, warehouseman, bailee, or other Person. Borrower bears all risk of loss, damage or destruction of the Collateral. 

9.6        No Waiver; Remedies Cumulative. Bank’s failure, at any time or
times, to require strict performance by Borrower of any provision of this Agreement or any other Loan Document shall not waive, affect, or diminish any right of Bank thereafter to demand strict performance and compliance herewith or therewith. No
waiver hereunder shall be effective unless signed by the party granting the waiver and then is only effective for the specific instance and purpose for which it is given. Bank’s rights and remedies under this Agreement and the other Loan
Documents are cumulative. Bank has all rights and remedies provided under the Code, by law, or in equity. Bank’s exercise of one right or remedy is not an election and shall not preclude Bank from exercising any other remedy under this
Agreement or other remedy available at law or in equity, and Bank’s waiver of any Event of Default is not a continuing waiver. Bank’s delay in exercising any remedy is not a waiver, election, or acquiescence. 

9.7        Demand Waiver. Borrower waives demand, notice of default or
dishonor, notice of payment and nonpayment, notice of any default, nonpayment at maturity, release, compromise, settlement, extension, or renewal of accounts, documents, instruments, chattel paper, and guarantees held by Bank on which Borrower is
liable. 
 10        NOTICES 

All notices, consents, requests, approvals, demands, or other communication by any party to this Agreement or any other Loan
Document must be in writing and shall be deemed to have been validly served, given, or delivered: (a) upon the earlier of actual receipt and three (3) Business Days after deposit in the U.S. mail, first class, registered or certified mail
return receipt requested, with proper postage prepaid; (b) upon transmission, when sent by electronic mail or facsimile transmission; (c) one (1) Business Day after deposit with a reputable overnight courier with all charges prepaid;
or (d) when delivered, if hand-delivered by messenger, all of which shall be addressed to the party to be notified and sent to the address, facsimile number, or email address indicated below. Bank or Borrower may change its mailing or
electronic mail address or facsimile number by giving the other party written notice thereof in accordance with the terms of this Section 10. 

  
 -23- 

			
	If to Borrower:	  	Zoosk, Inc.
		  	989 Market Street, 5th Floor
		  	San Francisco, CA 94103
		  	Attn: General Counsel
		  	Fax: (            )
                                         
                   
		  	Email: [Email]
		  	Website URL:
		
	If to Bank:	  	Silicon Valley Bank
		  	555 Mission Street, Suite 8
		  	San Francisco, CA 94105
		  	Fax: [Fax]
		  	Attn: Adam Graham
		  	Email: [Email]
		  	

 11        CHOICE OF LAW, VENUE, JURY TRIAL WAIVER, AND JUDICIAL
REFERENCE 
 California law governs the Loan Documents without regard to principles of conflicts of law. Borrower
and Bank each submit to the exclusive jurisdiction of the State and Federal courts in Santa Clara County, California; provided, however, that nothing in this Agreement shall be deemed to operate to preclude Bank from bringing suit or taking other
legal action in any other jurisdiction to realize on the Collateral or any other security for the Obligations, or to enforce a judgment or other court order in favor of Bank. Borrower expressly submits and consents in advance to such jurisdiction in
any action or suit commenced in any such court, and Borrower hereby waives any objection that it may have based upon lack of personal jurisdiction, improper venue, or forum non conveniens and hereby consents to the granting of such legal or
equitable relief as is deemed appropriate by such court. Borrower hereby waives personal service of the summons, complaints, and other process issued in such action or suit and agrees that service of such summons, complaints, and other process may
be made by registered or certified mail addressed to Borrower at the address set forth in, or subsequently provided by Borrower in accordance with, Section 10 of this Agreement and that service so made shall be deemed completed upon the earlier
to occur of Borrower’s actual receipt thereof or three (3) days after deposit in the U.S. mails, proper postage prepaid. 

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, BORROWER AND BANK EACH WAIVE THEIR RIGHT TO A JURY TRIAL OF ANY CLAIM OR
CAUSE OF ACTION ARISING OUT OF OR BASED UPON THIS AGREEMENT, THE LOAN DOCUMENTS OR ANY CONTEMPLATED TRANSACTION, INCLUDING CONTRACT, TORT, BREACH OF DUTY AND ALL OTHER CLAIMS. THIS WAIVER IS A MATERIAL INDUCEMENT FOR BOTH PARTIES TO ENTER INTO THIS
AGREEMENT. EACH PARTY HAS REVIEWED THIS WAIVER WITH ITS COUNSEL. 
 WITHOUT INTENDING IN ANY WAY TO LIMIT THE
PARTIES’ AGREEMENT TO WAIVE THEIR RESPECTIVE RIGHT TO A TRIAL BY JURY, if the above waiver of the right to a trial by jury is not enforceable, the parties hereto agree that any and all disputes or controversies of any nature between them
arising at any time shall be decided by a reference to a 

  
 -24- 

 
private judge, mutually selected by the parties (or, if they cannot agree, by the Presiding Judge of the Santa Clara County, California Superior Court) appointed in accordance with California
Code of Civil Procedure Section 638 (or pursuant to comparable provisions of federal law if the dispute falls within the exclusive jurisdiction of the federal courts), sitting without a jury, in Santa Clara County, California; and the parties
hereby submit to the jurisdiction of such court. The reference proceedings shall be conducted pursuant to and in accordance with the provisions of California Code of Civil Procedure §§ 638 through 645.1, inclusive. The private judge shall
have the power, among others, to grant provisional relief, including without limitation, entering temporary restraining orders, issuing preliminary and permanent injunctions and appointing receivers. All such proceedings shall be closed to the
public and confidential and all records relating thereto shall be permanently sealed. If during the course of any dispute, a party desires to seek provisional relief, but a judge has not been appointed at that point pursuant to the judicial
reference procedures, then such party may apply to the Santa Clara County, California Superior Court for such relief. The proceeding before the private judge shall be conducted in the same manner as it would be before a court under the rules of
evidence applicable to judicial proceedings. The parties shall be entitled to discovery which shall be conducted in the same manner as it would be before a court under the rules of discovery applicable to judicial proceedings. The private judge
shall oversee discovery and may enforce all discovery rules and orders applicable to judicial proceedings in the same manner as a trial court judge. The parties agree that the selected or appointed private judge shall have the power to decide all
issues in the action or proceeding, whether of fact or of law, and shall report a statement of decision thereon pursuant to California Code of Civil Procedure § 644(a). Nothing in this paragraph shall limit the right of any party at any time to
exercise self-help remedies, foreclose against collateral, or obtain provisional remedies. The private judge shall also determine all issues relating to the applicability, interpretation, and enforceability of this paragraph. 

This Section 11 shall survive the termination of this Agreement. 

12          GENERAL PROVISIONS 

12.1      Termination Prior to Revolving Line Maturity Date; Survival. This Agreement
shall terminate upon the repayment in full of all Obligations (other than incoate indemnity obligations, and any other obligations that, by their terms, are to survie the termination of this Agreement, and any Obligations under Bank Services
Agreements, as long as such Obligations are secured to the extent required by, and in accordance with, Section 4.1). All covenants, representations and warranties made in this Agreement continue in full force until this Agreement has terminated
pursuant to its terms and all Obligations have been satisfied. So long as Borrower has satisfied the Obligations (other than inchoate indemnity obligations, and any other obligations which, by their terms, are to survive the termination of this
Agreement, and any Obligations under Bank Services Agreements that are cash collateralized in accordance with Section 4.1 of this Agreement), this Agreement may be terminated prior to the Revolving Line Maturity Date by Borrower, effective
three (3) Business Days after written notice of termination is given to Bank. Those obligations that are expressly specified in this Agreement as surviving this Agreement’s termination shall continue to survive notwithstanding this
Agreement’s termination. If such termination is at Borrower’s election or at Bank’s election due to the occurrence and continuance of an Event of Default, Borrower shall pay to Bank, in addition to the payment of any other expenses or
fees then-owing, a termination fee in an amount equal to 

  
 -25- 

 
one percent (1.0%) of the Revolving Line (the “Revolving Line Termination Fee”) provided that no termination fee shall be charged in the event that Borrower refinances the
Revolving Line with another lender due to the inability of Borrower and Bank to agree on Minimum EBITDA covenant levels for fiscal year 2014. 

12.2      Successors and Assigns. This Agreement binds and is for the benefit of the
successors and permitted assigns of each party. Borrower may not assign this Agreement or any rights or obligations under it without Bank’s prior written consent (which may be granted or withheld in Bank’s discretion). Bank has the right,
without the consent of or notice to Borrower, to sell, transfer, assign, negotiate, or grant participation in all or any part of, or any interest in, Bank’s obligations, rights, and benefits under this Agreement and the other Loan Documents
(other than the Warrant, as to which assignment, transfer and other such actions are governed by the terms of the Warrant). Notwithstanding the foregoing, so long as no Event of Default shall have occurred and is continuing, Bank shall not assign
its interest in the Loans and Loan Documents to any Person who in the reasonable estimation of Bank is a direct competitor of Borrower. 

12.3      Indemnification. Borrower agrees to indemnify, defend and hold Bank and its
directors, officers, employees, agents, attorneys, or any other Person affiliated with or representing Bank (each, an “Indemnified Person”) harmless against: (i) all obligations, demands, claims, and liabilities (collectively,
“Claims”) claimed or asserted by any other party in connection with the transactions contemplated by the Loan Documents; and (ii) all losses or expenses (including Bank Expenses) in any way suffered, incurred, or paid by such
Indemnified Person as a result of, following from, consequential to, or arising from transactions between Bank and Borrower contemplated by the Loan Documents (including reasonable attorneys’ fees and expenses), except for Claims and/or losses
directly caused by such Indemnified Person’s gross negligence or willful misconduct. This Section 12.3 shall survive until all statutes of limitation with respect to the Claims, losses, and expenses for which indemnity is given shall have
run. 
 12.4      Time of Essence. Time is of the essence for the performance of all
Obligations in this Agreement. 
 12.5      Severability of Provisions. Each provision
of this Agreement is severable from every other provision in determining the enforceability of any provision. 

12.6      Correction of Loan Documents. Bank may correct patent errors and fill in any
blanks in the Loan Documents consistent with the agreement of the parties so long as Bank provides Borrower with written notice of such correction and allows Borrower at least ten (10) days to object to such correction. In the event of such
objection, such correction shall not be made except by an amendment signed by both Bank and Borrower. 

12.7      Amendments in Writing; Waiver; Integration. No purported amendment or
modification of any Loan Document, or waiver, discharge or termination of any obligation under any Loan Document, shall be enforceable or admissible unless, and only to the extent, expressly set forth in a writing signed by the party against which
enforcement or admission is sought. Without limiting the generality of the foregoing, no oral promise or statement, nor any action, 

  
 -26- 

 
inaction, delay, failure to require performance or course of conduct shall operate as, or evidence, an amendment, supplement or waiver or have any other effect on any Loan Document. Any waiver
granted shall be limited to the specific circumstance expressly described in it, and shall not apply to any subsequent or other circumstance, whether similar or dissimilar, or give rise to, or evidence, any obligation or commitment to grant any
further waiver. The Loan Documents represent the entire agreement about this subject matter and supersede prior negotiations or agreements. All prior agreements, understandings, representations, warranties, and negotiations between the parties about
the subject matter of the Loan Documents merge into the Loan Documents. 

12.8      Counterparts. This Agreement may be executed in any number of counterparts and
by different parties on separate counterparts, each of which, when executed and delivered, is an original, and all taken together, constitute one Agreement. 

12.9      Survival. All covenants, representations and warranties made in this Agreement
continue in full force until this Agreement has terminated pursuant to its terms and all Obligations (other than inchoate indemnity obligations and any other obligations which, by their terms, are to survive the termination of this Agreement) have
been paid in full and satisfied. Without limited the foregoing, except as otherwise provided in Section 4.1, the grant of security interest by Borrower in Section 4.1 shall survive until the termination of all Bank Services Agreements. The
obligation of Borrower in Section 12.3 to indemnify Bank shall survive until the statute of limitations with respect to such claim or cause of actions shall have run. 

12.10    Confidentiality. In handling any confidential information, Bank shall exercise the same
degree of care that it exercises for its own proprietary information (but not less than a reasonable degree of care), but disclosure of information may be made: (a) to Bank’s Subsidiaries or Affiliates who are bound by the confidentiality
obligations of this provision or substantially similar obligations (such Subsidiaries and Affiliates, together with Bank, collectively, “Bank Entities”); (b) to prospective transferees or purchasers of any interest in the
Credit Extensions (provided, however, Bank shall use its best efforts to obtain any prospective transferee’s or purchaser’s agreement to the terms of this provision); (c) as required by law, regulation, subpoena, or other order;
(d) to Bank’s regulators or as otherwise required in connection with Bank’s examination or audit; (e) as Bank considers appropriate in exercising remedies under the Loan Documents; and (f) to third-party service providers of
Bank so long as such service providers have executed a confidentiality agreement with Bank with terms no less restrictive than those contained herein. Confidential information does not include information that is either: (i) in the public
domain or in Bank’s possession when disclosed to Bank, or becomes part of the public domain (other than as a result of its disclosure by Bank in violation of this Agreement) after disclosure to Bank; or (ii) disclosed to Bank by a third
party, if Bank does not know that the third party is prohibited from disclosing the information. 
 Bank Entities may use
anonymous forms of confidential information for aggregate datasets, for analyses or reporting, and for any other uses not expressly prohibited in writing by Borrower. The provisions of the immediately preceding sentence shall survive termination of
this Agreement. 

  
 -27- 

 12.11    Attorneys’ Fees, Costs and Expenses. In
any action or proceeding between Borrower and Bank arising out of or relating to the Loan Documents, the prevailing party shall be entitled to recover its reasonable attorneys’ fees and other costs and expenses incurred, in addition to any
other relief to which it may be entitled. 
 12.12    Electronic Execution of Documents. The
words “execution,” “signed,” “signature” and words of like import in any Loan Document shall be deemed to include electronic signatures or the keeping of records in electronic form, each of which shall be of the same
legal effect, validity and enforceability as a manually executed signature or the use of a paper-based recordkeeping systems, as the case may be, to the extent and as provided for in any applicable law, including, without limitation, any state law
based on the Uniform Electronic Transactions Act. 
 12.13    Captions. The headings used in this
Agreement are for convenience only and shall not affect the interpretation of this Agreement. 

12.14    Construction of Agreement. The parties mutually acknowledge that they and their attorneys
have participated in the preparation and negotiation of this Agreement. In cases of uncertainty this Agreement shall be construed without regard to which of the parties caused the uncertainty to exist. 

12.15    Relationship. The relationship of the parties to this Agreement is determined solely by
the provisions of this Agreement. The parties do not intend to create any agency, partnership, joint venture, trust, fiduciary or other relationship with duties or incidents different from those of parties to an arm’s-length contract. 

12.16    Third Parties. Nothing in this Agreement, whether express or implied, is intended to:
(a) confer any benefits, rights or remedies under or by reason of this Agreement on any persons other than the express parties to it and their respective permitted successors and assigns; (b) relieve or discharge the obligation or
liability of any person not an express party to this Agreement; or (c) give any person not an express party to this Agreement any right of subrogation or action against any party to this Agreement. 

13          DEFINITIONS 

13.1       Definitions. As used in the Loan Documents, the word “shall” is
mandatory, the word “may” is permissive, the word “or” is not exclusive, the words “includes” and “including” are not limiting, the singular includes the plural, and numbers denoting amounts that are set off
in brackets are negative. As used in this Agreement, the following capitalized terms have the following meanings: 

“Account” is any “account” as defined in the Code with such additions to such term as may hereafter
be made, and includes, without limitation, all accounts receivable and other sums owing to Borrower. 
 “Account
Debtor” is any “account debtor” as defined in the Code with such additions to such term as may hereafter be made. 

  
 -28- 

 “Advance” or “Advances” means a revolving
credit loan (or revolving credit loans) under the Revolving Line. 
 “Affiliate” is, with respect to any
Person, each other Person that owns or controls directly or indirectly the Person, any Person that controls or is controlled by or is under common control with the Person, and each of that Person’s senior executive officers, directors, partners
and, for any Person that is a limited liability company, that Person’s managers and members. 

“Agreement” is defined in the preamble hereof. 

“Authorized Signer” is any individual listed in Borrower’s Borrowing Resolution who is authorized to
execute the Loan Documents, including any Advance request, on behalf of Borrower. 
 “Availability Amount”
is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances. 

“Bank” is defined in the preamble hereof. 

“Bank Entities” is defined in Section 12.9. 

“Bank Expenses” are all documented audit fees and expenses, costs, and expenses (including reasonable
attorneys’ fees and expenses) for preparing, amending, negotiating, administering, defending and enforcing the Loan Documents (including, without limitation, those incurred in connection with appeals or Insolvency Proceedings) or otherwise
incurred with respect to Borrower. 
 “Bank Services” are any products, credit services, and/or financial
accommodations previously, now, or hereafter provided to Borrower or any of its Subsidiaries by Bank or any Bank Affiliate, including, without limitation, any letters of credit, cash management services (including, without limitation, merchant
services, direct deposit of payroll, business credit cards, and check cashing services), interest rate swap arrangements, and foreign exchange services as any such products or services may be identified in Bank’s various agreements related
thereto (each, a “Bank Services Agreement”). 
 “Borrower” is defined in the preamble
hereof. 
 “Borrower’s Books” are all Borrower’s books and records including ledgers, federal and
state tax returns, records regarding Borrower’s assets or liabilities, the Collateral, business operations or financial condition, and all computer programs or storage or any equipment containing such information. 

“Borrowing Base” is, for any month, the product of (a) Fifty percent (50%) and (b) the
Committed Monthly Recurring Revenue, as determined by Bank from Borrower’s most recent reports. 

  
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 “Borrowing Base Certificate” is that certain certificate in the
form attached hereto as Exhibit D. 
 “Borrowing Base Report” is defined in Section 6.2(a),

 “Borrowing Resolutions” are, with respect to any Person, those resolutions substantially in the form
attached hereto. 
 “Business Day” is any day that is not a Saturday, Sunday or a day on which Bank is
closed. 
 “Cash Equivalents” means (a) marketable direct obligations issued or unconditionally
guaranteed by the United States or any agency or any State thereof having maturities of not more than one (1) year from the date of acquisition; (b) commercial paper maturing no more than one (1) year after its creation and having the
highest rating from either Standard & Poor’s Ratings Group or Moody’s Investors Service, Inc.; (c) Bank’s certificates of deposit issued maturing no more than one (1) year after issue; and (d) money market
funds at least ninety-five percent (95%) of the assets of which constitute Cash Equivalents of the kinds described in clauses (a) through (c) of this definition. 

“Change in Control” means any event, transaction, or occurrence as a result of which (a) any
“person” (as such term is defined in Sections 3(a)(9) and 13(d)(3) of the Exchange Act), other than a trustee or other fiduciary holding securities under an employee benefit plan of Borrower, is or becomes a beneficial owner (within the
meaning Rule 13d-3 promulgated under the Exchange Act), directly or indirectly, of securities of Borrower, representing forty-nine percent (49%) or more of the combined voting power of Borrower’s then outstanding securities; or
(b) during any period of twelve consecutive calendar months, individuals who at the beginning of such period constituted the Board of Directors of Borrower (together with any new directors whose election by the Board of Directors of Borrower
was approved by a vote of not less than two-thirds of the directors then still in office who either were directors at the beginning of such period or whose election or nomination for election was previously so approved) cease for any reason other
than death or disability to constitute a majority of the directors then in office. 
 “Claims” is defined
in Section 12.3. 
 “Code” is the Uniform Commercial Code, as the same may, from time to time, be
enacted and in effect in the State of California; provided, that, to the extent that the Code is used to define any term herein or in any Loan Document and such term is defined differently in different Articles or Divisions of the Code, the
definition of such term contained in Article or Division 9 shall govern; provided further, that in the event that, by reason of mandatory provisions of law, any or all of the attachment, perfection, or priority of, or remedies with respect to,
Bank’s Lien on any Collateral is governed by the Uniform Commercial Code in effect in a jurisdiction other than the State of California, the term “Code” shall mean the Uniform Commercial Code as enacted and in effect in such
other jurisdiction solely for purposes of the provisions thereof relating to such attachment, perfection, priority, or remedies and for purposes of definitions relating to such provisions. 

  
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 “Collateral” is any and all properties, rights and assets of
Borrower described on Exhibit A. 
 “Collateral Account” is any Deposit Account, Securities Account,
or Commodity Account. 
 “Committed Monthly Recurring Revenue” is the monthly subscription revenue. 

“Commodity Account” is any “commodity account” as defined in the Code with such additions to such
term as may hereafter be made. 
 “Compliance Certificate” is that certain certificate in the form attached
hereto as Exhibit C. 
 “Contingent Obligation” is, for any Person, any direct or indirect
liability, contingent or not, of that Person for (a) any indebtedness, lease, dividend, letter of credit or other obligation of another such as an obligation, in each case, directly or indirectly guaranteed, endorsed, co-made, discounted or
sold with recourse by that Person, or for which that Person is directly or indirectly liable; (b) any obligations for undrawn letters of credit for the account of that Person; and (c) all obligations from any interest rate, currency or
commodity swap agreement, interest rate cap or collar agreement, or other agreement or arrangement designated to protect a Person against fluctuation in interest rates, currency exchange rates or commodity prices; but “Contingent
Obligation” does not include endorsements in the ordinary course of business. The amount of a Contingent Obligation is the stated or determined amount of the primary obligation for which the Contingent Obligation is made or, if not
determinable, the maximum reasonably anticipated liability for it determined by the Person in good faith; but the amount may not exceed the maximum of the obligations under any guarantee or other support arrangement. 

“Control Agreement” is any control agreement entered into among the depository institution at which Borrower
maintains a Deposit Account or the securities intermediary or commodity intermediary at which Borrower maintains a Securities Account or a Commodity Account, Borrower, and Bank pursuant to which Bank obtains control (within the meaning of the Code)
over such Deposit Account, Securities Account, or Commodity Account. 
 “Copyrights” are any and all
copyright rights, copyright applications, copyright registrations and like protections in each work of authorship and derivative work thereof, whether published or unpublished and whether or not the same also constitutes a trade secret. 

“Credit Extension” is any Advance, Overadvance, the Term Loan or any other extension of credit by Bank for
Borrower’s benefit. 
 “Default Rate” is defined in Section 2.3(b). 

“Deposit Account” is any “deposit account” as defined in the Code with such additions to such term
as may hereafter be made. 

  
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 “Designated Deposit Account” is Borrower’s deposit account,
account number [account number], maintained by Borrower with Bank. 
 “Dollars,” “dollars”
or use of the sign “$” means only lawful money of the United States and not any other currency, regardless of whether that currency uses the “$” sign to denote its currency or may be readily converted into lawful money of
the United States. 
 “Dollar Equivalent” is, at any time, (a) with respect to any amount denominated
in Dollars, such amount, and (b) with respect to any amount denominated in a Foreign Currency, the equivalent amount therefor in Dollars as determined by Bank at such time on the basis of the then-prevailing rate of exchange in San Francisco,
California, for sales of the Foreign Currency for transfer to the country issuing such Foreign Currency. 

“EBITDA” shall mean (a) Net Income, plus (b) Interest Expense, plus (c) to the extent deducted
in the calculation of Net Income, depreciation expense and amortization expense, plus (d) income tax expense. 

“Effective Date” is defined in the preamble hereof. 

“Equipment” is all “equipment” as defined in the Code with such additions to such term as may
hereafter be made, and includes without limitation all machinery, fixtures, goods, vehicles (including motor vehicles and trailers), and any interest in any of the foregoing. 

“ERISA” is the Employee Retirement Income Security Act of 1974, and its regulations. 

“Event of Default” is defined in Section 8. 

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

“Final Payment” is amount equal to six percent (6%) of the Term Loan Amount. 

“Funding Date” is any date on which a Credit Extension is made to or for the account of Borrower which shall
be a Business Day. 
 “FX Contract” is any foreign exchange contract by and between Borrower and Bank under
which Borrower commits to purchase from or sell to Bank a specific amount of Foreign Currency on a specified date. 

“GAAP” is generally accepted accounting principles set forth in the opinions and pronouncements of the
Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other Person as may be approved by a significant
segment of the accounting profession, which are applicable to the circumstances as of the date of determination. 

“General Intangibles” is all “general intangibles” as defined in the Code in effect on the date
hereof with such additions to such term as may hereafter be made, and includes without limitation, all Intellectual Property, claims, income and other tax refunds, security and other 

  
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deposits, payment intangibles, contract rights, options to purchase or sell real or personal property, rights in all litigation presently or hereafter pending (whether in contract, tort or
otherwise), insurance policies (including without limitation key man, property damage, and business interruption insurance), payments of insurance and rights to payment of any kind. 

“Governmental Approval” is any consent, authorization, approval, order, license, franchise, permit,
certificate, accreditation, registration, filing or notice, of, issued by, from or to, or other act by or in respect of, any Governmental Authority. 

“Governmental Authority” is any nation or government, any state or other political subdivision thereof, any
agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative functions of or pertaining to government, any securities exchange and any
self-regulatory organization. 
 “Guarantor” is any Person providing a Guaranty in favor of Bank. 

“Guaranty” is any guarantee of all or any part of the Obligations, as the same may from time to time be
amended, restated, modified or otherwise supplemented. 
 “Indebtedness” is (a) indebtedness for
borrowed money or the deferred price of property or services, such as reimbursement and other obligations for surety bonds and letters of credit, (b) obligations evidenced by notes, bonds, debentures or similar instruments, (c) capital
lease obligations, and (d) Contingent Obligations. 
 “Indemnified Person” is defined in
Section 12.3. 
 “Initial Audit” is Bank’s inspection of Borrower’s Accounts, the
Collateral, and Borrower’s Books with results reasonably satisfactory to Bank. 
 “Insolvency
Proceeding” is any proceeding by or against any Person under the United States Bankruptcy Code, or any other bankruptcy or insolvency law, including assignments for the benefit of creditors, compositions, extensions generally with its
creditors, or proceedings seeking reorganization, arrangement, or other relief. 
 “Intellectual Property”
means, with respect to any Person, means all of such Person’s right, title, and interest in and to the following: 

(a)      its Copyrights, Trademarks and Patents; 

(b)      any and all trade secrets and trade secret rights, including, without limitation, any
rights to unpatented inventions, know-how, operating manuals; 
 (c)      any and all source
code; 
 (d)      any and all design rights which may be available to such Person; 

  
 -33- 

 (e)      any and all claims for damages by way of
past, present and future infringement of any of the foregoing, with the right, but not the obligation, to sue for and collect such damages for said use or infringement of the Intellectual Property rights identified above; and 

(f)      all amendments, renewals and extensions of any of the Copyrights, Trademarks or
Patents. 
 “Interest Expense” means for any fiscal period, interest expense (whether cash or non-cash)
determined in accordance with GAAP for the relevant period ending on such date, including, in any event, interest expense with respect to any Credit Extension and other Indebtedness of Borrower and its Subsidiaries, including, without limitation or
duplication, all commissions, discounts, or related amortization and other fees and charges with respect to letters of credit and bankers’ acceptance financing and the net costs associated with interest rate swap, cap, and similar arrangements,
and the interest portion of any deferred payment obligation (including leases of all types). 
 “Inventory”
is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping
materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any
of the above. 
 “Investment” is any beneficial ownership interest in any Person (including stock,
partnership interest or other securities), and any loan, advance or capital contribution to any Person. 
 “Letter
of Credit” is a standby or commercial letter of credit issued by Bank upon request of Borrower based upon an application, guarantee, indemnity, or similar agreement. 

“Lien” is a claim, mortgage, deed of trust, levy, charge, pledge, security interest or other encumbrance of
any kind, whether voluntarily incurred or arising by operation of law or otherwise against any property. 
 “Loan
Documents” are, collectively, this Agreement and any schedules, exhibits, certificates, notices, and any other documents related to this Agreement, the Warrant, any Bank Services Agreement, any subordination agreement, any note, or notes or
guaranties executed by Borrower or any Guarantor, and any other present or future agreement by Borrower and/or any Guarantor with or for the benefit of Bank in connection with this Agreement or Bank Services, all as amended, restated, or otherwise
modified, provided, however, that no agreement entered into (other than this Agreement or the Warrant) regarding the securities of Borrower or any rights or obligations of Bank regarding such securities (including but not limited to any
Investors’ Rights Agreement, Subscription Agreement, or “lock up” agreement) shall constitute Loan Documents. 

“Material Adverse Change” is (a) a material impairment in the perfection or priority of Bank’s Lien
in the Collateral or in the value of such Collateral; (b) a material adverse change in 

  
 -34- 

 
the business, operations, or financial condition of Borrower; or (c) a material impairment of the prospect of repayment of any portion of the Obligations. 

“Monthly Financial Statements” is defined in Section 6.2(d). 

“Net Income” means, as calculated on a consolidated basis for Borrower and its Subsidiaries for any period as
at any date of determination, the net profit (or loss), after provision for taxes, of Borrower and its Subsidiaries for such period taken as a single accounting period. 

“Obligations” are Borrower’s obligations to pay when due any debts, principal, interest, fees, Bank
Expenses, and other amounts Borrower owes Bank now or later, whether under this Agreement, the other Loan Documents (other than the Warrant or any shares or other securities issued upon exercise and/or conversion or reclassification thereof), or
otherwise, including, without limitation, all obligations relating to letters of credit (including reimbursement obligations for drawn and undrawn letters of credit), cash management services, and foreign exchange contracts, if any, and including
interest accruing after Insolvency Proceedings begin and debts, liabilities, or obligations of Borrower assigned to Bank, and to perform Borrower’s duties under the Loan Documents (other than the Warrant or any shares or other securities issued
upon exercise and/or conversion or reclassification thereof). 
 “Operating Documents” are, for any Person,
such Person’s formation documents, as certified by the Secretary of State (or equivalent agency) of such Person’s jurisdiction of organization on a date that is no earlier than thirty (30) days prior to the Effective Date, and,
(a) if such Person is a corporation, its bylaws in current form, (b) if such Person is a limited liability company, its limited liability company agreement (or similar agreement), and (c) if such Person is a partnership, its
partnership agreement (or similar agreement), each of the foregoing with all current amendments or modifications thereto. 

“Overadvance” is defined in Section 2.2. 

“Patents” means all patents, patent applications and like protections including without limitation
improvements, divisions, continuations, renewals, reissues, extensions and continuations-in-part of the same. 

“Payment/Advance Form” is that certain form attached hereto as Exhibit B. 

“Perfection Certificate” is defined in Section 5.1. 

“Permitted Indebtedness” is: 

(a)      Borrower’s Indebtedness to Bank under this Agreement and the other Loan Documents;

 (b)      Indebtedness existing on the Effective Date and shown on the Perfection
Certificate; 
 (c)      Subordinated Debt; 

  
 -35- 

 (d)      unsecured Indebtedness to trade creditors
incurred in the ordinary course of business; 
 (e)      Indebtedness incurred as a result of
endorsing negotiable instruments received in the ordinary course of business; 

(f)      Indebtedness secured by Liens permitted under clauses (a) and (c) of the
definition of “Permitted Liens” hereunder; 
 (h)      other Indebtedness not
otherwise permitted by Section 7.4 not exceeding One Hundred Thousand Dollars ($100,000) in the aggregate outstanding at any time; and 

(i)      extensions, refinancings, modifications, amendments and restatements of any items of
Permitted Indebtedness (a) through (h) above, provided that the principal amount thereof is not increased or the terms thereof are not modified to impose more burdensome terms upon Borrower or its Subsidiary, as the case may be. 

“Permitted Investments” are: 

(a)      Investments (including, without limitation, Subsidiaries) existing on the Effective
Date and shown on the Perfection Certificate; 
 (b)      (i) Investments consisting of Cash
Equivalents, and (ii) any Investments permitted by Borrower’s investment policy, as amended from time to time, provided that such investment policy (and any such amendment thereto) has been approved in writing by Bank; 

(c)      Investments consisting of the endorsement of negotiable instruments for deposit or
collection or similar transactions in the ordinary course of Borrower; 
 (d)      Investments
consisting of deposit accounts in which Bank has a perfected security interest; 

(e)      Investments accepted in connection with Transfers permitted by Section 7.1; 

(f)      Investments consisting of (i) travel advances and employee relocation loans and
other employee loans and advances in the ordinary course of business, and (ii) loans to employees, officers or directors relating to the purchase of equity securities of Borrower or its Subsidiaries pursuant to employee stock purchase plans or
agreements approved by Borrower’s Board of Directors; 
 (g)      Investments (including
debt obligations) received in connection with the bankruptcy or reorganization of customers or suppliers and in settlement of delinquent obligations of, and other disputes with, customers or suppliers arising in the ordinary course of business; 

(h)      Investments (i) by Borrower in Subsidiaries not to exceed Five Hundred Thousand
Dollars ($500,000) in the aggregate in any fiscal year and (ii) Investments by Subsidiaries in Borrower; and 

  
 -36- 

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

“Permitted Liens” are: 

(a)      Liens existing on the Effective Date and shown on the Perfection Certificate or arising
under this Agreement and the other Loan Documents; 
 (b)      Liens for taxes, fees,
assessments or other government charges or levies, either (i) not due and payable or (ii) being contested in good faith and for which Borrower maintains adequate reserves on its Books, provided that no notice of any such Lien has
been filed or recorded under the Internal Revenue Code of 1986, as amended, and the Treasury Regulations adopted thereunder; 

(c)      purchase money Liens (i) on Equipment acquired or held by Borrower incurred for
financing the acquisition of the Equipment securing no more than Ten Million Dollars ($10,000,000) in the aggregate amount outstanding, or (ii) existing on Equipment when acquired, if the Lien is confined to the property and improvements
and the proceeds of the Equipment; 
 (d)      Liens of carriers, warehousemen, suppliers, or
other Persons that are possessory in nature arising in the ordinary course of business so long as such Liens attach only to Inventory and which are not delinquent or remain payable without penalty or which are being contested in good faith and by
appropriate proceedings which proceedings have the effect of preventing the forfeiture or sale of the property subject thereto; 

(e)      Liens to secure payment of workers’ compensation, employment insurance, old-age
pensions, social security and other like obligations incurred in the ordinary course of business (other than Liens imposed by ERISA); 

(f)      Liens incurred in the extension, renewal or refinancing of the indebtedness secured by
Liens described in (a) through (c), but any extension, renewal or replacement Lien must be limited to the property encumbered by the existing Lien and the principal amount of the indebtedness may not increase; 

(g)      leases or subleases of real property granted in the ordinary course of Borrower’s
business (or, if referring to another Person, in the ordinary course of such Person’s business), and leases, subleases, non-exclusive licenses or sublicenses of personal property (other than Intellectual Property) granted in the ordinary course
of Borrower’s business (or, if referring to another Person, in the ordinary course of such Person’s business), if the leases, subleases, licenses and sublicenses do not prohibit granting Bank a security interest therein; 

(h)      non-exclusive license of Intellectual Property granted to third parties in the ordinary
course of business; 
 (i)      Liens arising from attachments or judgments, orders, or
decrees in circumstances not constituting an Event of Default under Sections 8.4 and 8.7; 

  
 -37- 

 (j)      Liens in favor of other financial
institutions arising in connection with Borrower’s deposit and/or securities accounts held at such institutions (subject to and in accordance with Section 6.6), provided that Bank has a perfected security interest in the amounts held in
such deposit and/or securities accounts; 
 (k)      Liens in the form of cash deposits
provided to payment processors in the ordinary course of business; and 
 (l)      Security
deposits and similar arrangements entered into by Borrower with data centers and similar providers of services to Borrower in the ordinary course of business of up to Five Hundred Thousand Dollars ($500,000). 

“Person” is any individual, sole proprietorship, partnership, limited liability company, joint venture,
company, trust, unincorporated organization, association, corporation, institution, public benefit corporation, firm, joint stock company, estate, entity or government agency. 

“Prime Rate” is the rate of interest per annum from time to time published in the money rates section of
The Wall Street Journal or any successor publication thereto as the “prime rate” then in effect; provided that if such rate of interest, as set forth from time to time in the money rates section of The Wall Street Journal,
becomes unavailable for any reason as determined by Bank, the “Prime Rate” shall mean the rate of interest per annum announced by Bank as its prime rate in effect at its principal office in the State of California (such Bank announced
Prime Rate not being intended to be the lowest rate of interest charged by Bank in connection with extensions of credit to debtors). 

“Qualified IPO” is Borrower’s initial public offering of its capital stock in an underwritten sale made
pursuant to a registration statement filed under the Securities Act of 1933, as amended, in which Borrower receives gross proceeds of at least $50,000,000. 

“Registered Organization” is any “registered organization” as defined in the Code with such
additions to such term as may hereafter be made. 
 “Regulatory Change” means, with respect to Bank, any
change on or after the date of this Agreement in United States federal, state, or foreign laws or regulations, including Regulation D, or the adoption or making on or after such date of any interpretations, directives, or requests applying to a
class of lenders including Bank, of or under any United States federal or state, or any foreign laws or regulations (whether or not having the force of law) by any court or governmental or monetary authority charged with the interpretation or
administration thereof. 
 “Requirement of Law” is as to any Person, the organizational or governing
documents of such Person, and any law (statutory or common), treaty, rule or regulation or determination of an arbitrator or a court or other Governmental Authority, in each case applicable to or binding upon such Person or any of its property or to
which such Person or any of its property is subject. 
 “Responsible Officer” is any of the Chief Executive
Officer, President, Chief Financial Officer and Controller of Borrower. 

  
 -38- 

 “Restricted License” is any material license or other similar
agreement relating to the use of intellectual property with respect to which Borrower is the licensee (a) that prohibits or otherwise restricts Borrower from granting a security interest in Borrower’s interest in such license or agreement,
or (b) for which a default under or termination of could interfere with the Bank’s right to sell any Collateral. 

“Revolving Line” is an aggregate principal amount equal to Four Million Dollars ($4,000,000). 

“Revolving Line Maturity Date” is February 4, 2015. 

“Revolving Line Termination Fee” is defined in Section 12.1. 

“SEC” shall mean the Securities and Exchange Commission, any successor thereto, and any analogous
Governmental Authority. 
 “Securities Account” is any “securities account” as defined in the
Code with such additions to such term as may hereafter be made. 
 “Subordinated Debt” is indebtedness
incurred by Borrower subordinated to all of Borrower’s now or hereafter indebtedness to Bank (pursuant to a subordination, intercreditor, or other similar agreement in form and substance satisfactory to Bank entered into between Bank and the
other creditor), on terms acceptable to Bank. 
 “Subsidiary” is, as to any Person, a corporation,
partnership, limited liability company or other entity of which shares of stock or other ownership interests having ordinary voting power (other than stock or such other ownership interests having such power only by reason of the happening of a
contingency) to elect a majority of the board of directors or other managers of such corporation, partnership or other entity are at the time owned, or the management of which is otherwise controlled, directly or indirectly through one or more
intermediaries, or both, by such Person. Unless the context otherwise requires, each reference to a Subsidiary herein shall be a reference to a Subsidiary of Borrower or Guarantor. 

“Term Amortization Date” is February 4, 2014. 

“Term Loan” is a loan made by Bank pursuant to the terms of Section 2.1.2(a) hereof. 

“Term Loan Amount” is an amount equal to Eight Million Dollars ($8,000,000). 

“Term Funding Date” is the Effective Date. 

“Term Maturity Date” is February 4, 2017. 

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

“Transfer” is defined in Section 7.1. 

  
 -39- 

 “Warrant” means that certain Warrant to Purchase Stock issued by
Borrower to Bank on the Effective Date. 
  
  

[Signature page follows.] 

  
 -40- 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the
Effective Date. 
  

			
	BORROWER:
	
	ZOOSK, INC.
		
	By	 	/s/ Alex Mehr
		 	  

	Name:	 	 Alex Mehr

	Title:	 	 President

	
	BANK:
	
	SILICON VALLEY BANK
		
	By	 	/s/ Adam Graham
		 	  

	Name:	 	 Adam Graham

	Title:	 	 Relationship Manager

  
 -41- 

 EXHIBIT A – COLLATERAL DESCRIPTION 

The Collateral consists of all of Borrower’s right, title and interest in and to the following personal property: 

All goods, Accounts (including health-care receivables), Equipment, Inventory, contract rights or rights to payment of money,
leases, license agreements, franchise agreements, General Intangibles (except as provided below), commercial tort claims, documents, instruments (including any promissory notes), chattel paper (whether tangible or electronic), cash, deposit
accounts, fixtures, letters of credit rights (whether or not the letter of credit is evidenced by a writing), securities, and all other investment property, supporting obligations, and financial assets, whether now owned or hereafter acquired,
wherever located; and all Borrower’s Books relating to the foregoing, and any and all claims, rights and interests in any of the above and all substitutions for, additions, attachments, accessories, accessions and improvements to and
replacements, products, proceeds and insurance proceeds of any or all of the foregoing. 
 Collateral shall exclude
(i) Borrower’s interest as a lessee under that certain lease between Borrower and ASB Fortune Data Center, LLC, (ii) any permit or other property right to the extent that any applicable Requirement of Law prohibits the granting of a
security interest therein, and (iii) any interest of Borrower as a lessee under an equipment lease in such lease or the Equipment leased thereunder, in the cases of (i) and (iii) to the extent that any applicable term therein
prohibits or requires the consent of any Person other than Borrower as a condition to the creation of a security interest therein (other than to the extent that any such term would be rendered ineffective pursuant to any of Sections 9406, 9407, 9408
or 9409 of the Code, or any successor provision or provisions of any relevant jurisdiction or any other applicable law, including any debtor relief laws or principles of equity). 

Notwithstanding the foregoing, the Collateral does not include any Intellectual Property; provided, however, the Collateral
shall include all Accounts and all proceeds of Intellectual Property. If a judicial authority (including a U.S. Bankruptcy Court) would hold that a security interest in the underlying Intellectual Property is necessary to have a security interest in
such Accounts and such property that are proceeds of Intellectual Property, then the Collateral shall automatically, and effective as of the Effective Date, include the Intellectual Property to the extent necessary to permit perfection of
Bank’s security interest in such Accounts and such other property of Borrower that are proceeds of the Intellectual Property. 

Pursuant to the terms of a certain negative pledge arrangement with Bank, Borrower has agreed not to encumber any of its
Intellectual Property without Bank’s prior written consent. 

 EXHIBIT B – LOAN PAYMENT/ADVANCE REQUEST FORM 

DEADLINE FOR SAME DAY PROCESSING IS
NOON PACIFIC TIME 
  

							
	Fax To: (    )	  	Date:	 	  
	  	

  

											
	LOAN PAYMENT:	  	
						
	From Account #	 	  
	 		  	To Account #	 	  
	  	
		 	            (Deposit Account #)	 		  		 	(Loan Account #)	  	
	Principal $	 	  
	 		  	and/or Interest $	 	  
	  	
						
	Authorized Signature:	 	  
	 		  	 Phone Number:
	 	  
	  	
	Print Name/Title:	 	  
	 		  		 		  	

  

											
	LOAN ADVANCE:
	
	 Complete Outgoing Wire Request section below if all or a portion of the funds from this loan advance are for an outgoing wire.

						
	From Account #	 	  
	 		  	To Account #	 	  
	  	
		 	(Loan Account #)	 		  		 	(Deposit Account #)	  	
						
	Amount of Advance $	 	  
	 		  		 		  	
	
	All Borrower’s representations and warranties in the Loan and Security Agreement are true, correct and complete in all material respects on the date of the request for an advance; provided, however, that such
materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof, and provided, further that those representations and warranties expressly referring to a
specific date shall be true, accurate and complete in all material respects as of such date:
						
	Authorized Signature:	 	  
	 		  	Phone Number:	 	  
	  	
	Print Name/Title:	 	  
	 		  		 		  	

  

											
	OUTGOING WIRE REQUEST:
	Complete only if all or a portion of funds from the loan advance above is to be wired.
	Deadline for same day processing is noon, Pacific Time

											
						
	Beneficiary Name:	 	  
	 		  	 Amount of Wire: $
	 	  
	  	
	Beneficiary Bank:	 	  
	 		  	 Account Number:
	 	  
	  	
	City and State:	 	  
	 		  		 		  	

											
						
	Beneficiary Bank Transit (ABA) #:	 	  
	 		  	Beneficiary Bank Code (Swift, Sort, Chip, etc.):	 	  
	  	
		 		 		  	 (For International Wire Only)
	  	

											
						
	Intermediary Bank:	 	  
	 		 	   Transit (ABA) #:
	 	  
	  	

											
	For Further Credit to:	 	  

		
	Special Instruction:	 	  

	
	By signing below, I (we) acknowledge and agree that my (our) funds transfer request shall be processed in accordance with and subject to the terms and conditions set forth in the agreements(s) covering funds transfer
service(s), which agreements(s) were previously received and executed by me (us).

											
						
	Authorized Signature:	 	  
	 		  	2nd Signature (if required):	 	  
	  	
	Print Name/Title:	 	  
	 		  	Print Name/Title:	 	  
	  	
	Telephone #:	 	  
	 		  	Telephone #:	 	  
	  	

 EXHIBIT C 

COMPLIANCE CERTIFICATE 
  

					
	TO:	  	SILICON VALLEY BANK	  	DATE:                         
	FROM:	  	ZOOSK, INC.	  	

 The undersigned authorized officer of ZOOSK, INC. (“Borrower”) certifies that under the terms
and conditions of the Loan and Security Agreement between Borrower and Bank (the “Agreement”): 
 (1) Borrower is in complete
compliance for the period ending
                                     with all required
covenants except as noted below; (2) there are no Events of Default; (3) all representations and warranties in the Agreement are true and correct in all material respects on this date except as noted below; provided, however, that such
materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof; and provided, further that those representations and warranties expressly referring to a
specific date shall be true, accurate and complete in all material respects as of such date; (4) Borrower, and each of its Subsidiaries, has timely filed all required tax returns and reports, and Borrower has timely paid all foreign, federal,
state and local taxes, assessments, deposits and contributions owed by Borrower except as otherwise permitted pursuant to the terms of Section 5.9 of the Agreement; and (5) no Liens have been levied or claims made against Borrower or any
of its Subsidiaries relating to unpaid employee payroll or benefits of which Borrower has not previously provided written notification to Bank. 
 Attached
are the required documents supporting the certification. The undersigned certifies that these are prepared in accordance with GAAP consistently applied from one period to the next except as explained in an accompanying letter or footnotes. The
undersigned acknowledges that no borrowings may be requested at any time or date of determination that Borrower is not in compliance with any of the terms of the Agreement, and that compliance is determined not just at the date this certificate is
delivered. Capitalized terms used but not otherwise defined herein shall have the meanings given them in the Agreement. 
 Please indicate compliance
status by circling Yes/No under “Complies” column. 
  

					
	
Reporting Covenant
	  	
Required
	  	
Complies

	Monthly financial statements with Compliance Certificate	  	Monthly within 30 days	  	Yes    No
	Monthly Borrowing Base Certificate with Accounts Aging	  	Monthly within 30 days	  	 
	Annual financial statement (CPA Audited) + CC	  	FYE within 180 days beginning with FYE 2012	  	Yes    No
	10-Q, 10-K and 8-K	  	Within 5 days after filing with SEC	  	Yes    No
	Recurring revenue report	  	Monthly within 30 days	  	Yes    No
	Annual projections	  	Within 30 days of Board approval or FYE	  	Yes    No
	Field Exam	  	Annually within 90 days of FYE	  	Yes    No

  

							
	
Financial Covenant
	  	
Required
	  	 Actual
	  	
Complies

	 	  	 	  	 	  	 
	 Minimum EBITDA (tested quarterly)
	  	See Agreement Section 6.7(a)	  	$            	  	Yes    No

  

							
	
Advance Rate
	  	  	 	  	
Applies

	 	  	 	 	 	  	 
	 The product of (a) 50% and (c) the
Committed Monthly Recurring Revenue
	  	$	            	  	  	Yes    No
	 	  	 	 	 	  	 

 The following are the exceptions with respect to the certification above: (if no exceptions
exist, state “No exceptions to note.”) 
  
  

 
  
  

 
  

									
	ZOOSK, INC.	 		 	BANK USE ONLY
					
		 		 		 	Received by:	 	  

		 		 		 		 	AUTHORIZED SIGNER    
					
	By:	 	  
	 		 	Date:	 	  

	  
 Name:
	 	  
  
	 		 	  
 Verified:
	 	  
  

	  
 Title:
	 	  
  
	 		 		 	AUTHORIZED SIGNER    
					
		 		 		 	Date:	 	  

				
		 		 		 	Compliance
Status:                                        
Yes                    No

 EXHIBIT D 

BORROWING BASE CERTIFICATE 
  

 
  

					
	Borrower: ZOOSK, INC.	  		  	
	Lender: Silicon Valley Bank	  		  	
	Revolving Line Commitment Amount:	  	$4,000,000	  	

  

									
	 	1.	  	  	 Committed Monthly Recurring Revenue as of
                    
	  	$	                	  
	 	2.	  	  	 Borrowing Base (the product of 50% and #1)
	  	$	                	  
	 	3.	  	  	 Revolving Line Commitment Amount
	  	$	4,000,000	  
	 	4.	  	  	 Present balance owing on Revolving Line of Credit
	  	$	                	  
	 	5.	  	  	 Availability Amount [(i) lesser of #2 or #3, minus (ii) #4)]
	  	$	                	  

 The undersigned represents and warrants that this is true, complete and correct, and that the information
in this Borrowing Base Certificate complies with the representations and warranties in the Loan and Security Agreement between the undersigned and Silicon Valley Bank. 
  

									
		 		 	BANK USE ONLY
			 	 
	COMMENTS:	 		 	Received by:	 	  

	ZOOSK, INC.	 		 		 	AUTHORIZED SIGNER    
			 	 
		 		 	Date:	 	  

	By:	 	  
	 		 	Verified:	 	  

	Authorized Signer	 		 		 	AUTHORIZED SIGNER    
				 	 
	Date:	 	  
	 		 	Date:	 	  

		 		 	Compliance Status:                 
                       Yes                  
  No

 CORPORATE BORROWING CERTIFICATE 

 

					
	BORROWER:	  	ZOOSK, INC.	  	February 4, 2013
	BANK:	  	Silicon Valley Bank	  	

 I hereby certify as follows, as of the date set forth above: 

1. I am the Secretary, Assistant Secretary or other officer of the Borrower. My title is as set forth below. 

2. Borrower’s exact legal name is set forth above. Borrower is a corporation existing under the laws of the State of Delaware. 

3. Attached hereto are true, correct, and complete copies of Borrower’s Articles/Certificate of Incorporation (including amendments), as
filed with the Secretary of Slate of the state in which Borrower is incorporated as set forth in paragraph 2 above. Such Articles/Certificate of Incorporation have not been amended, annulled, rescinded, revoked or supplemented, and remain in full
force and effect as of the date hereof. 
 4. The following resolutions were duly and validly adopted by Borrower’s Board of Directors
at a duly held meeting of such directors (or pursuant to a unanimous written consent or other authorized corporate action). Such resolutions are in full force and effect as of the date hereof and have not been in any way modified, repealed,
rescinded, amended or revoked, and Bank may rely on them until Bank receives written notice of revocation from Borrower. In addition, these resolutions were approved by the requisite number of holders of Borrower’s preferred stock, if required,
as set forth in Borrower’s Articles/Certificate of Incorporation. 
 RESOLVED, that
any one of the following officers or employees of Borrower, whose names, titles and signatures are below, may act on behalf of Borrower: 
  

							
	 Name
	  	 Title
	 	 Signature
	 	 Authorized to

Add or Remove
Signatories

				
	  
	  	  
	 	  
	 	 ̈
				
	  
	  	  
	 	  
	 	 ̈
				
	  
	  	  
	 	  
	 	 ̈
				
	  
	  	  
	 	  
	 	 ̈

 RESOLVED FURTHER, that any one of the persons
designated above with a checked box beside his or her name may, from time to time, add or remove any individuals to and from the above list of persons authorized to act on behalf of Borrower. 

RESOLVED FURTHER, that such individuals may, on behalf of Borrower: 

Borrow Money. Borrow money from Silicon Valley Bank (“Bank”). 

Execute Loan Documents. Execute any loan documents Bank requires. 

Grant Security. Grant Bank a security interest in any of Borrower’s assets. 

Issue Warrants. Issue warrants for Borrower’s capital stock. 

Negotiate Items. Negotiate or discount all drafts, trade acceptances, promissory notes, or other indebtedness in which
Borrower has an interest and receive cash or otherwise use the proceeds. 
 Further Acts. Designate other individuals
to request advances, pay fees and costs and execute other documents or agreements (including documents or agreement that waive Borrowers right to a jury trial) they believe to be necessary to effectuate such resolutions. 

 RESOLVED FURTHER, that all acts authorized
by the above resolutions and any prior acts relating thereto are ratified. 
 5. The persons listed above are Borrower’s officers or
employees with their titles and signatures shown next to their names. 
  

			
	By:	 	  

	Name:	 	  

	Title:	 	  

 *** If the Secretary, Assistant Secretary or other certifying officer executing
above is designated by the resolutions set forth in paragraph 4 as one of the authorized signing officers, this Certificate must also be signed by a second authorized officer or director of Borrower. 

 

			
	 I, the
                             of Borrower, hereby certify as to paragraphs 1 through 5 above, as of the
date set forth above.

	 [print title]
	  	

  

			
	By:	 	  

	Name:	 	  

	Title:	 	  

 FIRST AMENDMENT 

TO 
 LOAN AND SECURITY
AGREEMENT 
 This FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT (“Amendment”) is entered into as of
May 30, 2013, by and among Silicon Valley Bank (“Bank”) and ZOOSK, INC., a Delaware corporation (“Borrower”). 

RECITALS 

A.         Borrower and Bank are parties to that certain Loan and Security
Agreement dated as of February 4, 2013 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Loan Agreement”). The parties desire to amend the Loan Agreement in accordance with the terms of
this Amendment. Terms used herein but not defined herein shall have the meanings assigned to them in the Loan Agreement. 

B.         Bank has extended credit to Borrower for the purposes permitted in the
Loan Agreement. 
 C.         Borrower has requested that Bank amend the Loan
Agreement to (i) amend the field audit requirement and (ii) make certain other revisions to the Loan Agreement as more fully set forth herein. 

D.         Bank has agreed to amend certain provisions of the Loan Agreement, but
only to the extent, in accordance with the terms, subject to the conditions and in reliance upon the representations and warranties set forth below. 

AGREEMENT 

NOW, THEREFORE, in consideration of the foregoing recitals and other good and valuable consideration, the receipt and
adequacy of which is hereby acknowledged, and intending to be legally bound, the parties hereto agree as follows: 

1.          Amendments to Loan Agreement. 

1.1        Section 3.3 (Covenant to Deliver). Section 3.3 of the
Loan Agreement is hereby deleted and replaced with the following: 

3.3        Covenant to Deliver. Borrower shall cause to be delivered to Bank
each item required to be delivered to Bank under this Agreement as a condition precedent to any Credit Extension. Borrower expressly agrees that a Credit Extension made prior to the receipt by Bank of any such item shall not constitute a waiver by
Bank of Borrower’s obligation to deliver such item, and the making of any Credit Extension in the absence of a required item shall be in Bank’s sole discretion. 

1.2        Exhibits. Exhibit C (Compliance Certificate) of the Loan Agreement
is replaced with Exhibit C attached hereto. 
 2.          Limitation
of Amendments. 
 2.1        The amendments set forth in Section 1,
above, are effective for the purposes set forth herein and shall be limited precisely as written and shall not be deemed to (a) be a consent to any amendment, waiver or modification of any other term or condition of any Loan Document, or
(b) otherwise prejudice any right or remedy which Bank may now have or may have in the future under or in connection with any Loan Document. 

2.2        This Amendment shall be construed in connection with and as part of
the Loan Documents and all terms, conditions, representations, warranties, covenants and agreements set forth in the Loan Documents, except as herein amended, are hereby ratified and confirmed and shall remain in full force and effect. 

  
 1 

 3.          Representations
and Warranties. To induce Bank to enter into this Amendment, Borrower hereby represents and warrants to Bank as follows: 

3.1        Immediately after giving effect to this Amendment (a) the
representations and warranties contained in the Loan Documents are true, accurate and complete in all material respects as of the date hereof (except (i) to the extent such representations and warranties relate to an earlier date, in which case
they are true and correct as of such date; and (ii) as set forth on the Perfection Certificate and the Compliance Certificates delivered to Bank through the date hereof), and (b) no Event of Default has occurred and is continuing; 

3.2        Borrower has the power and authority to execute and deliver this
Amendment and to perform its obligations under the Loan Agreement, as amended by this Amendment; 

3.3        Borrower’s Amended and Restated Certificate of Incorporation
as filed with the Secretary of State of the State of Delaware on February 21, 2013 and delivered to Bank remains true, accurate and complete and has not been amended, supplemented or restated and is and continues to be in full force and effect;

 3.4        The execution and delivery by Borrower of this Amendment and
the performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, have been duly authorized; 

3.5        The execution and delivery by Borrower of this Amendment and the
performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not and will not contravene (a) any law or regulation binding on or affecting Borrower, (b) any contractual restriction with a Person
binding on Borrower, (c) any order, judgment or decree of any court or other governmental or public body or authority, or subdivision thereof, binding on Borrower, or (d) the organizational documents of Borrower; 

3.6        The execution and delivery by Borrower of this Amendment and the
performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not require any order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by any
governmental or public body or authority, or subdivision thereof, binding on Borrower, except as already has been obtained or made; and 

3.7        This Amendment has been duly executed and delivered by Borrower and
is the binding obligation of Borrower, enforceable against Borrower in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, liquidation, moratorium or other similar laws of general
application and equitable principles relating to or affecting creditors’ rights. 

4.          Counterparts. This Amendment may be executed in any
number of counterparts and all of such counterparts taken together shall be deemed to constitute one and the same instrument. 

5.          This Amendment shall be deemed effective upon
(a) the due execution and delivery to Bank of this Amendment by each party hereto, and (b) Borrower’s payment of an amount equal to all Bank Expenses incurred through the date of this Amendment, and (c) such other documents as
Bank may reasonable request. 
 [Remainder of page intentionally left blank. Signature page follows.] 

  
 2 

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

			
	BANK
	
	SILICON VALLEY BANK
		
	By:	 	       /s/ Adam Graham
		 	  

			
	Name:	 	   ADAM GRAHAM

			
	Title:	 	     VICE PRESIDENT

	
	BORROWER
	
	 ZOOSK, INC.
  

		
	By:	 	    /s/ Alexander Mehr
		 	  

			
	Name:	 	   Alexander Mehr

			
	Title:	 	     President

 EXHIBIT C 

COMPLIANCE CERTIFICATE 
  

									
	TO:	  	SILICON VALLEY BANK	  		 	DATE:	 	  

	FROM:	  	ZOOSK, INC.	  		 		 	

 The undersigned authorized officer of ZOOSK, INC. (“Borrower”) certifies that under the terms and
conditions of the Loan and Security Agreement between Borrower and Bank (the “Agreement”): 
 (1) Borrower is in complete
compliance for the period ending
                                     with all required
covenants except as noted below; (2) there are no Events of Default; (3) all representations and warranties in the Agreement are true and correct in all material respects on this date except as noted below; provided, however, that such
materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof; and provided, further that those representations and warranties expressly referring to a
specific date shall be true, accurate and complete in all material respects as of such date; (4) Borrower, and each of its Subsidiaries, has timely filed all required tax returns and reports, and Borrower has timely paid all foreign, federal,
state and local taxes, assessments, deposits and contributions owed by Borrower except as otherwise permitted pursuant to the terms of Section 5.9 of the Agreement; and (5) no Liens have been levied or claims made against Borrower or any
of its Subsidiaries relating to unpaid employee payroll or benefits of which Borrower has not previously provided written notification to Bank. 
 Attached
are the required documents supporting the certification. The undersigned certifies that these are prepared in accordance with GAAP consistently applied from one period to the next except as explained in an accompanying letter or footnotes. The
undersigned acknowledges that no borrowings may be requested at any time or date of determination that Borrower is not in compliance with any of the terms of the Agreement, and that compliance is determined not just at the date this certificate is
delivered. Capitalized terms used but not otherwise defined herein shall have the meanings given them in the Agreement. 
 Please indicate compliance
status by circling Yes/No under “Complies” column. 
  

					
	 Reporting Covenant
	  	
Required
	  	
Complies

	Monthly financial statements with Compliance Certificate	  	Monthly within 30 days	  	        Yes   No      
  
	Monthly Borrowing Base Certificate with Accounts Aging	  	Monthly within 30 days	  	 
	Annual financial statement (CPA Audited) + CC	  	FYE within 180 days beginning with FYE 2012	  	        Yes   No      
  
	10-Q, 10-K and 8-K	  	Within 5 days after filing with SEC	  	        Yes   No      
  
	Recurring revenue report	  	Monthly within 30 days	  	        Yes   No      
  
	Annual projections	  	Within 30 days of Board approval or FYE	  	        Yes   No      
  

  

							
	 Financial Covenant
	  	
Required
	  	
Actual
	  	
Complies

	 	  	 	  	 	  	 
	Minimum EBITDA (tested quarterly)	  	See Agreement Section 6.7(a)	  	$                    
	  	        Yes   No    
    

  

							
	 Advance
Rate
	  	
Applies

	 	  	 	  	 
	The product of (a) 50% and (c) the Committed Monthly Recurring Revenue	  	$                    
	  	        Yes   No      
  
	 	  	 	  	 

 The following are the exceptions with respect to the certification above: (if no exceptions exist, state “No exceptions
to note.”) 
  
  

 
  
  

 

									
	ZOOSK, INC.	 		 	BANK USE ONLY
					
		 		 		 	Received by:	 	  

									
		 		 		 	AUTHORIZED SIGNER   
					
		 		 		 	Date:	 	  

									
	By:	 	  
	 		 		 	

									
	Name:	 	  
	 		 	Verified:	 	  

									
	Title:	 	  
	 		 	AUTHORIZED SIGNER   

									
		 		 		 		 	
		 		 		 	Date:	 	  

											
					
		 		 		 	Compliance Status: 	 	Yes             No            

 

 
 PRO FORMA INVOICE FOR LOAN CHARGES 

 

							
	BORROWER:	  	 ZOOSK, INC.
 (First Amendment)
	 		  	
				
	LOAN OFFICER:	  	Adam Graham	 		  	
				
	DATE:	  	May 30, 2013	 		  	
				
		  	Amendment Fee	 	$0	  	
		  	Legal Fee	 	$	  	
				
		  	TOTAL FEES DUE	 	$	  	
			
	            {   }  A check for the total amount is attached.	 		  	
			
	            {   }  Debit DDA #
                             for the total amount.	 		  	

  
  

			
	BORROWER:	 	
		
	ZOOSK, INC.	 	
		
	/s/ A. Mehr	 	05/31/13
	Authorized Signer	 	(Date)
	
	 SILICON VALLEY BANK

 

	Loan Officer Signature	 	(Date)

 SECOND AMENDMENT 

TO 
 LOAN AND SECURITY
AGREEMENT 
 This SECOND AMENDMENT TO LOAN AND SECURITY AGREEMENT (“Amendment”) is entered into as of
February 28, 2014, by and among SILICON VALLEY BANK (“Bank”) and ZOOSK, INC., a Delaware corporation (“Borrower”). 

RECITALS 

A.          Borrower and Bank are parties to that certain Loan and Security
Agreement dated as of February 4, 2013, as amended by that certain First Amendment to Loan and Security Agreement dated as of May 30, 2013 (as the same may be further amended, restated, supplemented or otherwise modified from time to time,
the “Loan Agreement”). The parties desire to amend the Loan Agreement in accordance with the terms of this Amendment. 

B.          Bank has extended credit to Borrower for the purposes permitted
in the Loan Agreement. 
 C.          Borrower has requested that Bank
amend the Loan Agreement to (i) amend the EBITDA covenant reset timing and (ii) make certain other revisions to the Loan Agreement as more fully set forth herein. 

D.          Bank has agreed to amend certain provisions of the Loan
Agreement, but only to the extent, in accordance with the terms, subject to the conditions and in reliance upon the representations and warranties set forth below. 

AGREEMENT 

NOW, THEREFORE, in consideration of the foregoing recitals and other good and valuable consideration, the receipt and
adequacy of which is hereby acknowledged, and intending to be legally bound, the parties hereto agree as follows: 

1.          Definitions. Capitalized terms used but not defined in
this Amendment shall have the meanings given to them in the Loan Agreement. 

2.          Amendment to Loan Agreement. 

2.1        Section 6.7 (Minimum EBITDA).  Section 6.7(a)
of the Loan Agreement is hereby amended and restated to read as follows: 

(a)        Minimum EBITDA.  Maintain at all times,
measured as of the end of each fiscal quarter on a trailing three (3) month basis, minimum EBITDA (or maximum EBITDA loss) of at least the following: 
  

					
	
Period
	  	  	 	
Minimum EBITDA

	 Quarter ending December 31, 2012
	  	 	 	($11,000,000)
	 Quarter ending March 31, 2013
	  	 	 	($4,000,000)
	 Quarter ending June 30, 2013
	  	 	 	($3,250,000)
	 Quarter ending September 30, 2013
	  	 	 	($2,000,000)
	 Quarter ending December 31, 2013
	  	 	 	($1,000,000)
	 Thereafter
	  	 The
quarterly Minimum EBITDA levels will be mutually agreed upon in good faith by Borrower and Bank on or before April 30, 2014 based upon Borrower’s board approved projections consistent with the determination of the 2013 levels (or as determined
by Bank if any of Borrower’s board approved revenue projections for 2014 are less than Borrower’s 2013 revenue projections).

  
 1 

 3.         Limitation of
Amendment. 
 3.1        The amendment set forth in Section 2,
above, is effective for the purposes set forth herein and shall be limited precisely as written and shall not be deemed to (a) be a consent to any amendment, waiver or modification of any other term or condition of any Loan Document, or
(b) otherwise prejudice any right or remedy which Bank may now have or may have in the future under or in connection with any Loan Document. 

3.2        This Amendment shall be construed in connection with and as part of
the Loan Documents and all terms, conditions, representations, warranties, covenants and agreements set forth in the Loan Documents, except as herein amended, are hereby ratified and confirmed and shall remain in full force and effect. 

4.         Representations and Warranties.  To induce Bank to
enter into this Amendment, Borrower hereby represents and warrants to Bank as follows: 

4.1        Immediately after giving effect to this Amendment (a) the
representations and warranties contained in the Loan Documents are true, accurate and complete in all material respects as of the date hereof (except (i) to the extent such representations and warranties relate to an earlier date, in which case
they are true and correct as of such date; and (ii) as set forth on the Perfection Certificate and the Compliance Certificates delivered to Bank through the date hereof), and (b) no Event of Default has occurred and is continuing; 

4.2        Borrower has the power and authority to execute and deliver this
Amendment and to perform its obligations under the Loan Agreement, as amended by this Amendment; 

4.3        Borrower’s Amended and Restated Certificate of Incorporation
as filed with the Secretary of State of the State of Delaware on February 21, 2013 and as amended by the Certificate of Amendment filed with the Secretary of State of the State of Delaware on February 18, 2014 and delivered to Bank remains
true, accurate and complete and has not been amended, supplemented or restated and is and continues to be in full force and effect; 

4.4        The execution and delivery by Borrower of this Amendment and the
performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, have been duly authorized; 

4.5        The execution and delivery by Borrower of this Amendment and the
performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not and will not contravene (a) any law or regulation binding on or affecting Borrower, (b) any contractual restriction with a Person
binding on Borrower, (c) any order, judgment or decree of any court or other governmental or public body or authority, or subdivision thereof, binding on Borrower, or (d) the organizational documents of Borrower; 

4.6        The execution and delivery by Borrower of this Amendment and the
performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not require any order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by any
governmental or public body or authority, or subdivision thereof, binding on Borrower, except as already has been obtained or made; and 

4.7        This Amendment has been duly executed and delivered by Borrower and
is the binding obligation of Borrower, enforceable against Borrower in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, liquidation, moratorium or other similar laws of general
application and equitable principles relating to or affecting creditors’ rights. 

5.         Counterparts.  This Amendment may be executed in any
number of counterparts and all of such counterparts taken together shall be deemed to constitute one and the same instrument. 

  
 2 

 6.         This Amendment
shall be deemed effective upon (a) the due execution and delivery to Bank of this Amendment by each party hereto, and (b) Borrower’s payment of an amount equal to all Bank Expenses incurred through the date of this Amendment, and
(c) such other documents as Bank may reasonable request. 
 [Remainder of page intentionally left blank. Signature page follows.]

  
 3 

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

			
	BANK
	
	SILICON VALLEY BANK
		
	By:	 	/s/ Adam Graham
		 	  

			
	Name:	 	 ADAM GRAHAM

			
	Title:	 	 VICE PRESIDENT

	
	BORROWER
	
	ZOOSK, INC.
		
	By:	 	/s/ Kelly Steckelberg
		 	  

			
	Name:	 	 K. STECKELBERG

			
	Title:	 	 CFO & COO

 THIRD AMENDMENT 

TO 
 LOAN AND SECURITY
AGREEMENT 
 This THIRD AMENDMENT TO LOAN AND SECURITY AGREEMENT (“Amendment”) is entered into as of
April 28, 2014, by and among SILICON VALLEY BANK (“Bank”) and ZOOSK, INC., a Delaware corporation (“Borrower”). 

RECITALS 

A.          Borrower and Bank are parties to that certain Loan and Security
Agreement dated as of February 4, 2013, as amended by that certain First Amendment to Loan and Security Agreement dated as of May 30, 2013, and as amended by that certain Second Amendment to Loan and Security Agreement dated as of
February 28, 2014 (as the same may be further amended, restated, supplemented or otherwise modified from time to time, the “Loan Agreement”). The parties desire to amend the Loan Agreement in accordance with the terms of this
Amendment. 
 B.          Bank has extended credit to Borrower for the
purposes permitted in the Loan Agreement. 
 C.          Borrower has
requested that Bank amend the Loan Agreement to (i) amend the EBITDA covenant reset timing and (ii) make certain other revisions to the Loan Agreement as more fully set forth herein. 

D.          Bank has agreed to amend certain provisions of the Loan
Agreement, but only to the extent., in accordance with the terms, subject to the conditions and in reliance upon the representations and warranties set forth below. 

AGREEMENT 

NOW, THEREFORE, in consideration of the foregoing recitals and other good and valuable consideration, the receipt and
adequacy of which is hereby acknowledged, and intending to be legally bound, the parties hereto agree as follows: 

1.          Definitions.  Capitalized terms used but not
defined in this Amendment shall have the meanings given to them in the Loan Agreement. 

2.          Amendment to Loan Agreement. 

2.1         Section 6.7 (Minimum
EBITDA).    Section 6.7(a) of the Loan Agreement is hereby amended and restated to read as follows: 

(a)        Minimum
EBITDA.    Maintain at all times, measured as of the end of each fiscal quarter on a trailing three (3) month basis, minimum EBITDA (or maximum EBITDA loss) of at least the following: 

 

									
	 	 	
Period
	    	  	  	 Minimum
EBITDA
	 	  
	 	 Quarter ending December 31, 2012
	    	($11,000,000)	 	 
	 	 Quarter ending March 31, 2013
	    	($4,000,000)	 	 
	 	 Quarter ending June 30, 2013
	    	($3,250,000)	 	 
	 	 Quarter ending September 30, 2013
	    	($2,000,000)	 	 
	 	 Quarter ending December 31, 2013
	    	($1,000,000)	 	 
	 	 Thereafter
	    	 The quarterly Minimum EBITDA levels will be mutually agreed upon in good faith by Borrower and Bank on or
before May 31, 2014 based upon Borrower’s board approved projections consistent with the determination of the 2013 levels (or as determined by Bank if any of Borrower’s board approved revenue projections for 2014 are less than
Borrower’s 2013 revenue projections).
	 	 

  
 1 

 3.         Limitation of
Amendment. 
 3.1        The amendment set forth in Section 2,
above, is effective for the purposes set forth herein and shall be limited precisely as written and shall not be deemed to (a) be a consent to any amendment, waiver or modification of any other term or condition of any Loan Document, or
(b) otherwise prejudice any right or remedy which Bank may now have or may have in the future under or in connection with any Loan Document. 

3.2        This Amendment shall be construed in connection with and as part of
the Loan Documents and all terms, conditions, representations, warranties, covenants and agreements set forth in the Loan Documents, except as herein amended, are hereby ratified and confirmed and shall remain in full force and effect. 

4.         Representations and Warranties.    To
induce Bank to enter into this Amendment, Borrower hereby represents and warrants to Bank as follows: 

4.1        Immediately after giving effect to this Amendment (a) the
representations and warranties contained in the Loan Documents are true, accurate and complete in all material respects as of the date hereof (except (i) to the extent such representations and warranties relate to an earlier date, in which case
they are true and correct as of such date; and (ii) as set forth on the Perfection Certificate and the Compliance Certificates delivered to Bank through the date hereof), and (b) no Event of Default has occurred and is continuing; 

4.2        Borrower has the power and authority to execute and deliver this
Amendment and to perform its obligations under the Loan Agreement, as amended by this Amendment; 

4.3        Borrower’s Amended and Restated Certificate of Incorporation
as filed with the Secretary of State of the State of Delaware on February 21, 2013 and as amended by the Certificate of Amendment filed with the Secretary of State of the State of Delaware on February 18, 2014 and delivered to Bank remains
true, accurate and complete and has not been amended, supplemented or restated and is and continues to be in full force and effect; 

4.4        The execution and delivery by Borrower of this Amendment and the
performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, have been duly authorized; 

4.5        The execution and delivery by Borrower of this Amendment and the
performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not and will not contravene (a) any law or regulation binding on or affecting Borrower, (b) any contractual restriction with a Person
binding on Borrower, (c) any order, judgment or decree of any court or other governmental or public body or authority, or subdivision thereof, binding on Borrower, or (d) the organizational documents of Borrower; 

4.6        The execution and delivery by Borrower of this Amendment and the
performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not require any order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by any
governmental or public body or authority, or subdivision thereof, binding on Borrower, except as already has been obtained or made; and 

4.7        This Amendment has been duly executed and delivered by Borrower and
is the binding obligation of Borrower, enforceable against Borrower in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, liquidation, moratorium or other similar laws of general
application and equitable principles relating to or affecting creditors’ rights. 

5.         Counterparts.  This Amendment may be executed in any
number of counterparts and all of such counterparts taken together shall be deemed to constitute one and the same instrument. 

  
 2 

 6.         This Amendment
shall be deemed effective upon (a) the due execution and delivery to Bank of this Amendment by each party hereto, and (b) Borrower’s payment of an amount equal to all Bank Expenses incurred through the date of this Amendment, and
(c) such other documents as Bank may reasonable request. 
 [Remainder of page intentionally left blank. Signature page follows.]

  
 3 

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

					
	BANK	 	
		
	SILICON VALLEY BANK	 	
			
	By:	 	/s/ D. Bontemps                                  
              	 	

					
	Name:	 	D. Bontemps                                   
             	 	

					
	Title:	 	Managing Director                                  
       	 	
		
	BORROWER	 	
		
	ZOOSK, INC.	 	

					
			
	By:	 	/s/ K. Steckelberg                                 
           	 	4/28/14

					
	Name:	 	K. Steckelberg                                   
         	 	

					
	Title:	 	CFO/COO

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