Document:

Lease Agreement

 Exhibit 10.23A 
 BUILDING LEASE SUMMARY PAGE 
 THIS SUMMARY PAGE IS ATTACHED TO AND MADE A PART OF LEASE
DATED December 15th 2004 BETWEEN LANDLORD AND TENANT. 
  

			
	Date Prepared:	  	December 15, 2004
	Property:	  	Alien Phase I Building, NDSU Research & Technology Park II
		
	Section	  	
		
	 1.      Landlord:
	  	Renaissance Development, LLC
		
	 Tax ID #
	  	20 - 0386984
	 Address:
	  	118 Broadway, Suite 204
		  	Fargo, North Dakota 58102
	 Landlord’s Agent:
	  	Renaissance Development, LLC
	 Address:
	  	118 Broadway, Suite 204
		  	Fargo, North Dakota 58102
	 Place of Payments:
	  	118 Broadway, Suite 204
		  	Fargo, North Dakota 58102
	 Check Payable To:
	  	Renaissance Development, LLC
		
	 2.      Tenant:
	  	Alien Technology Corporation
		
	 Billing Address:
	  	18220 Butterfield Blvd.
		  	Morgan Hill, CA 95037
	 Phone Number:
	  	(408) 782-3900
	 Contact:
	  	Mary Beth Miller
		
	 3.      Demised Premises:
	  	
		
	 Property:
	  	Alien Phase I Building
	 Address:
	  	NDSU Research & Technology Park II
		  	Fargo, ND 58102
	 Space or Unit Number:
	  	N/A
	 Rentable Area of Building:
	  	46,320 SF
	 Rentable Area of Demised Premises:
	  	173,431 SF (subject to measurement)
	 Usable Area of Demised Premises:
	  	173,431 SF (subject to measurement)
	 R/U Ratio:
	  	
	 Tenants Pro Rata Share:
	  	100%
	 Permitted Use:
	  	Tenant agrees that the Premises shall be operated and used in compliance with applicable laws.
		
	 4.      Lease Term & Rate
	  	120 Months
		
	 Lease Commencement Date:
	  	«LeaseCommencementDate»
	 Rent Commencement Date:
	  	«RentCommencementDate»
	 Expiration Date:
	  	«ExpirationDate»
	 Base Rent:
	  	Annual rent will be determined in accordance with Section 4.2.
	 Rent Adjustment:
	  	Rent during the first option period shall be adjusted at the commencement of the first option period by the cumulative CPI inflation rate for all urban consumers for the area in which the
Property is located for the previous 120-month period. Rent during the second option period shall be increased by 5%.
	 Additional Rent:
	  	Tenant’s Pro Rata share of Operating Expenses is agreed by Landlord and Tenant to be 100% and the Base Rent includes $0.00 psf to be credited toward this amount.

  

 i 

			
	 Security Deposit:
	  	$150,000
	 Good Faith Deposit:
	  	$150,000
		
	 5.      Lease Renewal Options
	  	
		
	 Terms:
	  	Two five (5) year options subject to rent increase provided for in Section 4 and with all other terms and conditions the same as initial term.
	 Notice Requirements:
	  	Three Hundred Sixty (360) day advance written notice from Tenant to Landlord indicating intent to exercise.
	 Other:
	  	Must be current with rents and other charges as of the exercise date or options are null and void.
		
	 6.      Utilities: Tenant Pays Direct:
	  	Tenant’s responsibility as to the Demised Premises and parking lots thereon.
		
	 Electricity (meter numbers):
	  	
	 Gas (meter numbers):
	  	
	 Water/Sewer (meter numbers):
	  	
	 Garbage:
	  	
	 Other:
	  	
		
	 7.      Janitorial:
	  	Tenant’s responsibility. See Subsection 6.17.
		
	 8.      Snow Removal:
	  	Tenant’s responsibility.
		
	 9.      Participating Broker:
	  	None.
		
	 10.    Purchase Option
	  	Tenant shall have the right to purchase the Building in accordance with Section 14.

  

 ii 

 TABLE OF EXHIBITS 
  

							
	 Summary Page
	  	 Outline of Major Terms
	  	page	  	i
				
	 Exhibit “A”
	  	 Site Plan
	  	page	  	21
				
	 Exhibit “B”
	  	 Floor Plan
	  	page	  	22
				
	 Exhibit “C”
	  	 Intentionally Deleted
	  	page	  	23
				
	 Exhibit “D”
	  	 Intentionally Deleted
	  	page	  	24
				
	 Exhibit “E”
	  	Provisions for Completion of Building and Building, Building Commons Area or Demised Premises Improvements	  	page	  	25-27
				
	 Exhibit “F”
	  	 Intentionally Deleted
	  	page	  	28
				
	 Exhibit “G”
	  	 Amendments to Lease
	  	page	  	29
				
	 Exhibit “H”
	  	 Memorandum of Lease
	  	page	  	30
				
	 Exhibit “I”
	  	 Certificate of Commencement & Expiration
	  	page	  	33
				
	 Exhibit “J”
	  	 Non-Disturbance Agreements
	  	page	  	34

  

 iii 

 LEASE 
 TABLE OF CONTENTS 
  

							
	  	  	 DESCRIPTION
	  	PAGE
NUMBER
	 (i)
	  	Lease Summary Page	  	i-ii
	 (ii)
	  	Table of Exhibits	  	iii
	 (iii)
	  	Table of Contents	  	iv-vii
			
	 1.
	  	 General
	  	1
				
		  	1.1	  	Consideration	  	1
		  	1.2	  	Summary Page and Exhibits to Lease	  	1
			
	 2.
	  	 Definitions
	  	1
				
		  	2.1	  	Building	  	1
		  	2.2	  	Technology Park II	  	1
		  	2.3	  	Technology Park II Common Area	  	1
		  	2.4	  	Demised Premises	  	1
		  	2.5	  	Permitted Users	  	1
		  	2.6	  	Project Costs	  	1
		  	2.7	  	Property	  	2
		  	2.8	  	Rentable Area of the Building	  	2
		  	2.9	  	Rentable Area of Demised Premises	  	2
		  	2.10	  	Tenant’s Pro Rata Share	  	2
		  	2.11	  	Debt Service Payment	  	2
		  	2.12	  	Investment	  	2
			
	 3.
	  	 Demise of Premises
	  	2
				
		  	3.1	  	Demise	  	2
		  	3.2	  	Use of Technology Park II Common Area	  	2
		  	3.3	  	Covenant of Title; Quiet Enjoyment; Other	  	2
		  	3.4	  	Condition of Building	  	3
		  	3.5	  	Lease Term	  	3
		  	3.6	  	Lease Year	  	3
		  	3.7	  	Early Occupancy	  	3
		  	3.8	  	Option to Renew	  	4
		  	3.9	  	Non-Disturbance Agreements	  	4
			
	 4.
	  	 Rent and Other Amounts
	  	4
				
		  	4.1	  	Base Rent	  	4
		  	4.2	  	Payment and Adjustment of Rent	  	4
		  	4.3	  	Operating Expenses	  	5
		  	4.4	  	Place of Payments	  	5
		  	4.5	  	Security Deposits	  	5

  

 iv 

							
	 	  	 DESCRIPTION
	  	PAGE
NUMBER
			
	 5.
	  	 Insurance
	  	5
		  	5.1	  	 Tenant’s Insurance
	  	5
		  	5.2	  	 Casualty Insurance
	  	5
		  	5.3	  	 Liability Insurance
	  	5
		  	5.4	  	 Intentionally Deleted
	  	6
		  	5.5	  	 Workers’ Compensation
	  	6
		  	5.6	  	 General Provisions Respecting Insurance
	  	6
		  	5.7	  	 Intentionally Deleted
	  	6
		  	5.8	  	 Insurance Requirements
	  	6
		  	5.9	  	 Waiver of Claims Against Landlord
	  	6
			
	 6.
	  	 Other Responsibilities of Tenant
	  	6
				
		  	6.1	  	 Limitation on Use by Tenant
	  	6
		  	6.2	  	 Intentionally Deleted
	  	6
		  	6.3	  	 Compliance with Laws
	  	6
		  	6.4	  	 Intentionally Deleted
	  	6
		  	6.5	  	 Compliance with Covenants
	  	6
		  	6.6	  	 Compliance with all Rules and Regulations
	  	7
		  	6.7	  	 ADA Compliance
	  	7
		  	6.8	  	 Waste of Impairment of Value
	  	7
		  	6.9	  	 Hazardous Use
	  	7
		  	6.10	  	 Nuisance Noxious or Offensive Activity
	  	7
		  	6.11	  	 Annoying Lights, Sounds or Odors
	  	7
		  	6.12	  	 Unsightliness
	  	7
		  	6.13	  	 Animals
	  	7
		  	6.14	  	 Structural Electrical or Other Overloading
	  	8
		  	6.15	  	 Obstruction and Use of Building Common Facilities
	  	8
		  	6.16	  	 Maintenance and Repairs
	  	8
		  	6.17	  	 Restriction on Changes and Alterations
	  	8
		  	6.18	  	 Notice on Non-Responsibility
	  	9
		  	6.19	  	 No Mechanics’ Liens
	  	9
		  	6.20	  	 Other Encumbrances
	  	9
		  	6.21	  	 Fixtures and Improvements
	  	9
		  	6.22	  	 Removal of Tenant’s Equipment
	  	9
		  	6.23	  	 Subordination to Landlord Mortgages
	  	10
		  	6.24	  	 Assignment or Subletting
	  	10
		  	6.25	  	 Communication Service
	  	10
		  	6.26	  	 Payment of Income and Other Taxes
	  	10
		  	6.27	  	 Estoppel Certificates
	  	11
		  	6.28	  	 Furnishing of Financial Statement
	  	11
		  	6.29	  	 Landlord Right to Inspect and Show Premises
	  	11
		  	6.30	  	 Tenant Indemnification of Landlord
	  	11
		  	6.31	  	 Landlord’s Reserved Rights
	  	11
			
	 7.
	  	 Landlord Responsibilities
	  	11
				
		  	7.1	  	 Landlord Services
	  	11
		  	7.2	  	 Landlord’s Maintenance of the Building
	  	12
		  	7.3	  	 Refuse and Trash Collection Services
	  	12
		  	7.4	  	 Gas, Electrical, Water and Sewer Services
	  	12
		  	7.5	  	 Interruption of Service
	  	12
		  	7.6	  	 Energy Conservation and Environmental Protection
	  	12
		  	7.7	  	 Landlord Indemnification of Tenant
	  	12
		  	7.8	  	 Soil Contamination
	  	12

  

 v 

							
	 	  	 DESCRIPTION
	  	PAGE
NUMBER
			
	 8.
	  	 Damage or Destruction
	  	13
				
		  	8.1	  	 Tenant’s Obligation
	  	13
		  	8.2	  	 Tenant’s Obligation to Terminate if Damage Substantial
	  	13
		  	8.3	  	 Obligations to Repair and Restore
	  	13
		  	8.4	  	 Application of Insurance Proceeds
	  	13
		  	8.5	  	 Cooperation in the Event of loss
	  	13
			
	 9.
	  	 Condemnation
	  	13
				
		  	9.1	  	 Taking—Substantial Taking—Insubstantial Taking
	  	13
		  	9.2	  	 Termination on Substantial Taking
	  	14
		  	9.3	  	 Restoration on Insubstantial Taking
	  	14
		  	9.4	  	 Right to Award
	  	14
			
	 10.
	  	 Defaults by Tenant
	  	14
				
		  	10.1	  	 Defaults Generally
	  	14
		  	10.2	  	 Failure to Pay Rent or Other Amounts
	  	14
		  	10.3	  	 Violation of Lease Terms
	  	14
		  	10.4	  	 Intentionally Deleted
	  	14
		  	10.5	  	 Execution and Attachment Against Tenant
	  	14
		  	10.6	  	 Bankruptcy or Related Proceedings
	  	14
			
	 11.
	  	 Landlord’s Remedies
	  	15
				
		  	11.1	  	 Remedies Generally
	  	15
		  	11.2	  	 Cure by Landlord
	  	15
		  	11.3	  	 Termination of Lease and Damages
	  	15
		  	11.4	  	 Repossession and Reletting
	  	15
		  	11.5	  	 Suits by Landlord
	  	16
		  	11.6	  	 Recovery of Landlord Enforcement Costs
	  	16
		  	11.7	  	 Intentionally Deleted
	  	16
		  	11.8	  	 Late Charge
	  	16
		  	11.9	  	 Interest Charge
	  	16
			
	 12.
	  	 Surrender and Holding Over
	  	16
				
		  	12.1	  	 Surrender Upon Lease Expiration
	  	16
		  	12.2	  	 Holding Over
	  	17
			
	 13.
	  	 Default By Landlord; Tenant’s Remedies
	  	17
				
		  	13.1	  	 Remedies Generally
	  	17
		  	13.2	  	 Costs and Expenses Recoverable
	  	17
			
	 14.
	  	 Tenant’s Options to Purchase and Lease
	  	17

  

 vi 

							
	 	  	 DESCRIPTION
	  	PAGE
NUMBER
			
	 15.
	  	 Miscellaneous
	  	18
				
		  	15.1	  	 Tenant’s Remedies
	  	18
		  	15.2	  	 Relationship of Landlord and Tenant
	  	18
		  	15.3	  	 Notices and Demands
	  	18
		  	15.4	  	 No Implied Waiver
	  	18
		  	15.5	  	 Entire Agreement — No Representation
	  	19
		  	15.6	  	 Modifications in Writing
	  	19
		  	15.7	  	 Severability
	  	19
		  	15.8	  	 Binding Effect
	  	19
		  	15.9	  	 Time of the Essence
	  	19
		  	15.10	  	 Real Estate Brokers
	  	19
		  	15.11	  	 Applicable Law
	  	19
		  	15.12	  	 Execution of Lease
	  	19
		  	15.13	  	 Net Lease
	  	19
		  	15.14	  	 No Personal Liability of Landlord
	  	19
		  	15.15	  	 Captions for Convenience
	  	20
		  	15.16	  	 Recordation
	  	20

  

 vii 

 LEASE 
 This Lease Agreement, which includes the Summary Page(s) and all references to Section numbers shall refer to the referenced Section number on said Summary Page(s) attached to this Lease Agreement. This Lease is made
and entered into on the date as specified on the Summary Page(s), by and between Renaissance Development, LLC, a North Dakota limited liability company, as Landlord, and Alien Technology Corporation, a Delaware corporation, as Tenant. 
 ARTICLE I 
  

	1.	GENERAL. 

 1.1 Consideration. Landlord enters
into this Lease in consideration of the payment by Tenant of the rents herein reserved and the keeping, observance, and performance by Tenant of the covenants and agreements of Tenant herein contained. Tenant enters into this Lease in consideration
of (i) the timely delivery and quiet use and enjoyment by (a) Tenant of the Demised Premises and (b) by Tenant, in common with others, of the Technology Park II Common Area; and (ii) the keeping, observance, and performance by
Landlord of the covenants and agreements of Landlord herein contained. 
 1.2 Summary Page(s) and Exhibits to Lease. The Summary
Page(s) attached to this Lease and the Exhibits listed on the Table of Exhibits included as part of Summary Page(s) and attached to this Lease shall be deemed incorporated in this Lease by this reference. In the event of any inconsistency between
such Summary Page(s), Exhibits, and the terms and provisions of this Lease, the terms and provisions of the Summary Page(s) and Exhibits shall control. In the event of any inconsistency between the Summary Page and the terms and provisions of the
Exhibits, the terms and provisions of the Summary Page(s) shall control. 
 ARTICLE II 
  

	2.	DEFINITIONS. 

 2.1 Building.
“Building” shall mean the Building constructed on the Property containing the Rentable Area as set forth in Section 3 of the Summary Page(s). The Building shall be constructed in accordance with the terms and conditions attached
hereto as Exhibit E. 
 2.2 Technology Park II. “Technology Park II” shall mean the NDSU Research & Technology Park
II located on Block 1, NDSU Research & Technology Park Second Addition to the City of Fargo, Cass County, State of North Dakota; together with all buildings and improvements thereon. The boundaries of Technology Park II are designated upon
the Technology Park II Site Plan attached hereto as Exhibit A. 
 2.3 Technology Park II Common Area. The “Technology Park II
Common Area” shall mean that portion of Technology Park II which is available for common use of Tenant, Permitted Users and other users of space in buildings in Technology Park II, and generally described as the parking area, sidewalks,
walkways and landscaped areas within Technology Park II and other areas designed for common use of Tenant, Permitted Users or other users of space in buildings in Technology Park II. 
 2.4 Demised Premises. The “Demised Premises” shall mean the Building and surrounding property, as generally depicted on Exhibit B
prepared by Landlord and approved by Tenant. 
 2.5 Permitted Users. “Permitted Users” shall mean employees, agents,
contractors, invitees, guests, visitors, clients, and customers of Tenant or Tenant’s affiliates. 
 2.6 Project Cost.
“Project Cost” shall mean the actual, out-of-pocket cost and expenses paid to unrelated third parties to design, develop, finance and construct the Building and the Demised Premises, including a 5% developer fee but no other costs for
overhead or profit. 
  

 1 

 2.7 Property. “Property” shall mean the parcel of real property located within
Technology Park II, on which the Building is constructed or is to be constructed, and which is more particularly described in Section 3 of the Summary Page(s). 
 2.8 Rentable Area of Building. “Rentable Area of Building” shall mean the figure set forth in Section 3 of the Summary Page(s) by Landlord as the Rentable Area of Building. 
 2.9 Rentable Area of Demised Premises. “Rentable Area of Demised Premises” shall mean the figure set forth in Section 3 of the
Summary Page(s) by Landlord as the Rentable Area of Demised Premises. Rentable Area of Building shall not exceed 46,320 square feet of space (“Planned Size”). In the event the actual Rentable Area of Building is greater than the Planned
Size, the parties agree that the Planned Size shall be deemed the Rentable Area of Building for all purposes of determining amounts owing by Tenant pursuant to this Lease. 
 2.10 Tenant’s Pro Rata Share. “Tenant’s Pro Rata Share” shall mean the figure set forth in Section 3 of the Summary
Page(s) and be calculated by dividing the Rentable Area of Demised Premises by the Rentable Area of Building. Notwithstanding the foregoing, so long as Tenant is the sole occupant of the Building the Tenant’s Pro Rata Share shall be 100%. At
such time, if ever, as space is added to, or subtracted from, the Rentable Area of Demised Premises or to the Rentable Area of Building, then Tenant’s Pro Rata Share shall be adjusted accordingly. 
 2.11 Debt Service Payment. “Debt Service Payment” shall mean the monthly principal and interest payment made by Landlord (excluding any
late payments, and other amounts unrelated to the Demised Premises) to a bona fide third party lender in an arms length transaction solely to repay Landlord’s loan encumbering the Demised Premises for the Project Costs (the “Loan”)
based on not less than a fifteen (15) year amortization schedule. Landlord shall use best efforts to obtain favorable Loan interest rates and other terms to minimize the Debt Service Payment. Landlord may not refinance the Loan upon which the
Debt Service Payment is based without the prior written consent of Tenant, which Tenant may provide or withhold in its sole discretion. 
 2.12 Investment. “Investment” means the cash investment by partner-owners of Landlord that is directly related to, and used for the sole purpose of, constructing the Demised Premises. 
 ARTICLE III 
  

	3.	DEMISE OF PREMISES. 

 3.1 Demise. Subject to
the provisions, covenants, and agreements herein contained, Landlord hereby leases and demises to Tenant, and Tenant hereby leases from Landlord, the Demised Premises for Tenant’s exclusive use and enjoyment, and the Technology Park II Common
Area in common with other users of space in buildings in Technology Park II, including the right in common with others, twenty-four (24) hours per day, every day of the year, unimpeded ingress and egress thereto and therefrom without
interference, for the Lease Term as hereinafter defined, subject to existing and permitted future covenants, conditions, restrictions, easements, and encumbrances affecting the same all of which do not, and will not, materially and adversely affect
Tenant’s use and operation of the Demised Premises. 
 3.2 Use of Technology Park II Common Area. Tenant and Permitted Users are
hereby granted the non-exclusive right to use and enjoy, in common with Landlord and other users of space located within Technology Park II, their employees, agents, invitees, guests, visitors, clients, and customers, so much of Technology Park 11
Common Area, including the parking area unless otherwise limited or restricted by the Summary Sheet, as may be necessary for the convenient use and enjoyment of the Demised Premises. 
 3.3 Covenant of Title; Quiet Enjoyment; Other. Landlord covenants and agrees that it has rights necessary to enter this Lease and grant the rights
herein to the Demised Premises and the Technology Park II Common Area, that the same is free and clear of all liens and encumbrances that would materially and adversely affect Tenant’s use and operation of the Demised Premises hereunder.
Landlord covenants and agrees, provided Tenant is not in default and keeps, observes and performs the covenants of Tenant contained in this Lease subject to any applicable cure periods, Tenant shall have and enjoy quiet and peaceable possession and
enjoyment of the Building and Demised Premises and, to the extent provided herein, the right to use the Technology Park II Common Area. Such possession and right to use shall not be unreasonably disturbed or interfered with by Landlord or by any
person claiming by, through or under Landlord, or any third parties. Landlord covenants and agrees to Tenant that, as of the Lease Commencement Date, the proposed use and construction of 

  

 2 

 
the Demised Premises, Building and Technology Park II Common Area are in compliance with all applicable laws, rules, regulations and ordinances, including
without limitation the Americans with Disabilities Act. Landlord further covenants and agrees to Tenant that, as of the Lease Commencement Date, the proposed use and construction of the Demised Premises, Building and Technology Park II Common Area
are permitted uses under applicable land use and zoning regulations, rules and ordinances and will not violate any existing restriction or agreement applicable to the Property. Landlord acknowledges that the ability to construct the Demised
Premises, Building and Technology Park II Common Area is a material component of the Lease and that Tenant would not be entering into the Lease without the guarantee that the same can be effected by Landlord. As a result, in the event Landlord is
unable to perform its obligations with respect to the Demised Premises, Building and Technology Park II Common Area for any reason other than (i) changes in laws or governmental moratoria after the date hereof which prohibit development of the
Demised Premises, Building and Technology Park II Common Area, and each of them, or (ii) delays in Landlord’s performance caused by Tenant or force majeure events, such failure shall constitute a material breach of the Lease by Landlord
and shall entitle Tenant to all rights and remedies at law or in equity. The rights and obligations set forth in this Section 3.4 are in addition to those set forth elsewhere herein. 
 3.4 Condition of Building. Tenant covenants and agrees, prior to taking possession of the Demised Premises, Landlord and Tenant shall tour the
Demised Premises at which time Landlord and Tenant shall jointly prepare a list of those items which in their mutual opinion are incomplete or require correction (“Punch List”). Tenant’s taking possession of the Demised Premises and
Building Facilities shall not constitute a waiver of any warranty or of any defect in regard to workmanship or material of the Demised Premises, Building and other improvements that are a part of the same (“Construction Defect”). Tenant
shall have one (1) year following the date Tenant takes possession of the Demised Premises and Building Common Facilities for the operation of its business within in which to notify Landlord of any Construction Defects. Landlord shall, at its
cost, promptly correct or cause to be corrected all Construction Defects for which it has received notification. Items shown on the Punch List shall be corrected or completed by Landlord within a reasonable period of time but not to exceed sixty
(60) days thereafter. Except for items shown on the Punch List, Tenant shall be deemed to have waived any warranty of fitness for a particular purpose or merchantability against Landlord relating to the Demised Premises. Upon the Commencement
Date, Landlord agrees to transfer to Tenant any and all warranties relating to the Demised Premises and the construction thereof, including, without limitation, any warranties for heating and air conditioning systems and other personal property and
any applicable roof warranties. In addition, Landlord agrees to obtain, as part of the development of the Building and the Demised Premises, standard warranties for all items installed therein from creditworthy entities. 
 3.5 Lease Term. “Lease Term” shall mean the period commencing on the Lease Commencement Date and expiring on the Expiration Date as
specified in Section 4 of the Summary Page(s). The Lease Commencement Date shall occur on or about June 1, 2006 (the “Planned Delivery Date”). Notwithstanding the Planned Delivery Date, Landlord will make a good faith attempt to
have the Demised Premises ready for occupancy by January 1, 2006, but not before. The Lease Commencement Date shall be the date which Landlord has delivered to Tenant both (i) Substantial Completion as defined in Section 4 of Exhibit
E, and (ii) the Non-Disturbance Agreements executed by the parties thereto as set forth in Section 3.11 which shall include recognition of the Tenant’s rights under Section 14 hereof. The Rent Commencement Date shall be the Lease
Commencement Date subject to any adjustments or abatements as herein provided. If Landlord does not cause Substantial Completion and deliver the Non-Disturbance Agreements by the Planned Delivery Date in accordance with the terms and conditions
hereof, the Lease Commencement Date and all of Tenant’s obligations hereunder shall be extended by the number of days of such delay. If such delay continues for more than ten (10) days after Planned Delivery Date, for each day of delay
Tenant shall be entitled to five (5) days of abatement in Base Rent, Additional Rent and other amounts owing hereunder following the Lease Commencement Date, such rent abatement being reflected in the adjusted Rent Commencement Date. If such
delay continues for more than ninety (90) days beyond the Planned Delivery Date, without waiving any other rights or remedies it has, Tenant may immediately terminate and cancel this Lease by written notice to the Landlord at any time prior to
Landlord causing Substantial Completion and delivering the Non-Disturbance Agreements. Within ten (10) days of the Lease Commencement Date, Landlord shall refund to Tenant the Good Faith Deposit in accordance with Section 1 of Exhibit E.

 3.6 Lease Year. “Lease Year” shall mean the twelve month period commencing on the first day of the calendar month in
which the Lease Term commences, and each subsequent twelve month period during the Lease Term. 
 3.7 Early Occupancy. Landlord shall
notify Tenant of the expected date for Substantial Completion of Landlord’s construction obligations at least sixty (60) days before such date. After Landlord notifies Tenant of anticipated date of Substantial Completion, Tenant shall have
the right to enter the Demised Premises to commence equipping and fixturing the Demised Premises, as long as such entry does not unreasonably interfere with Landlord or Landlord’s contractors. If Tenant enters the Demised Premises as provided
in this paragraph, all provisions of this Lease shall be in full force and effect except the rent provisions. 
  

 3 

 3.8 Option to Renew. Tenant shall have two options to extend the term of this Lease for periods of
five (5) years each on the following terms and conditions: 
 (a) As of the date of Tenant’s exercise of this option, Tenant must
be current with rents and other charges owing by Tenant (subject to applicable grace periods); 
 (b) With the exception of an increase in
the Base Rent in accordance with Section 5 of the Lease Summary, the extended term shall be on the same terms, covenants and conditions during the primary term hereof; and 
 (c) At least three hundred sixty (360) days prior to the expiration of the primary term hereof, Tenant shall have given Landlord written notice of
its election to extend the term of this Lease. 
 3.9 Non-Disturbance Agreements. As a material inducement for Tenant to enter this
Lease, and as a condition to occurrence of the Lease Commencement Date, Landlord shall obtain from all master lessors and mortgagees of the Demised Premises, Building, Technology Park II Common Area, Technology Park II and the Property, and deliver
original copies of the same to Tenant, non-disturbance agreements in the form attached hereto as Exhibit J (collectively “Non-Disturbance Agreements”). 
 ARTICLE IV 
  

	4.	RENT AND OTHER AMOUNTS. 

 4.1 Base Rent.
During such time that Tenant has and enjoys quiet and peaceable possession of the Demised Premises, and the Technology Park II Common Area in common with other users of space in buildings in Technology Park II, Tenant will pay to Landlord rent
during the Lease Term in the amount specified as Base Rent in Section 4 of the Summary Page(s) as the same may be adjusted pursuant to the terms of this Lease and any Exhibit attached to this Lease (“Base Rent”). 
 4.2 Payment and Adjustment of Rent. 
 (a) Initial Rent. Base Rent shall be payable monthly in advance, without notice, commencing on the Rent Commencement Date of the Lease Term, as set forth in Section 4 of the Summary Page(s), and continuing on the first day of
each month thereafter for the balance of the Lease Term; provided, however, if the lease commences or ends on any day of a calendar month other than the first day, tenant’s rent for the first month shall be pro-rated to date of possession. Base
Rent shall be determined as follows: 
  

	 	(i)	The Debt Service Payment; plus 

  

	 	(ii)	The quantity of 1% of the Loan amount multiplied by 1/12 (representing the guarantor fee, if and to the extent actually paid by Landlord); plus 

  

	 	(iii)	The quantity of 10% of the Investment amount multiplied by 1/12 (representing the cash on cash return to the partner-owners of Landlord); plus  

  

	 	(iv)	$833.33 to cover administrative costs of Landlord’s LLC. 

 (b) Rent Adjustment. Effective on the dates as indicated in Section 4 of the Summary Page(s), if any, the Base Rent shall be adjusted to the amount specified therein. 
 (c) Infrastructure Fees. Landlord covenants and agrees that the Building will be subject to a City of Fargo “pilot” program whereby 100%
of the tax increment related to the Building is eligible for abatement for a period of ten (10) years (“Tax Abatement Program”). The parties anticipate the Building will cost approximately $5,000,000.00, but for the purpose of this
Section 4.2(c), the final cost of all improvements shall be referred to as “Final Project Costs.” Landlord shall forward to Tenant, within five (5) days after receipt thereof, all notices of any kind and all invoices in
connection with the Tax Abatement Program or real estate or personal property taxes affecting the Demised Premises. Prior to substantial completion, Final Project Costs shall be estimated by the parties. Once Final Project Costs are known,
(a) the payments previously made pursuant to this paragraph shall be reviewed and any differential because of estimated Final Project Costs varying actual Final Project Costs shall thereafter be credited against the next future payments due
hereunder or promptly paid over to Landlord, as the case may be; and (b) payments due under this paragraph shall thereafter be calculated and made based upon actual Final Project Costs. Tenant shall reasonably cooperate with Landlord, including
coordination and direction with its successors and assigns, and shall enter into such reasonable and necessary agreements with such successors and assigns and the City of Fargo and any other necessary governmental entities to effect the covenants in
this paragraph provided that Tenant’s rights under Section 3.4 are not modified or otherwise negatively impacted. Notwithstanding all 

  

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benefits associated with the Tax Abatement Program and other tax incentives, rebates or other benefits associated with this Lease, the Building or
Tenant’s occupancy thereof shall be to the sole benefit of Tenant. 
 4.3 Operating Expenses. As long as Landlord does not deny
Tenant access or use of the Demised Premises Tenant shall be responsible for all Operating Expenses. “Operating Expenses” shall mean costs or expenses paid or incurred by Tenant for operation, repair, maintenance, and management of the
Demised Premises, and shall include, but shall not be limited to, the costs and expenses of: (a) water, sewage disposal, drainage, refuse collection, gas, electricity, light, power, or other utility services; (b) general maintenance and
repair of the Demised Premises; (c) maintenance of landscaping, replanting where necessary, and keeping private streets, access ways and the parking area free from snow, litter, dirt, debris, or other obstructions; (d) taxes, assessments
or other impositions, general, special, ordinary or extraordinary, or supplemental (collectively “Operating Expense Tax”), which may be levied, assessed or imposed upon or with respect to the Building, the Demised Property, or any part
thereof, or personal property of Alien at any time situated thereon; (e) casualty, liability and other insurance; (f) capital improvements or structural modifications to the Demised Premises; and (g) lease payments pursuant to ground
lease with North Dakota State University Research and Technology Park. Tenant at its sole cost shall have the right, at any time, to seek a reduction in the assessed valuation of the Demised Premises or to contest any Operating Expense Tax that are
to be paid in whole or in part by Tenant. Landlord shall not be required to join in any proceeding brought by Tenant unless the provisions of any law require that the proceeding or contest be brought by or in the name of Landlord or any owner of the
Demised Premises or subject property. In that case, Landlord shall join in the proceeding or contest or permit it to be brought in Landlord’s name as long as Landlord is not required to bear any cost. Tenant, on final determination of any
decision or judgment rendered, shall satisfy or receive all benefits of said decision or judgment together with all costs, charges, interest, and penalties incidental to the decision or judgment. 
 4.4 Place of Payments. Base Rent and all other sums payable by Tenant to Landlord under this Lease shall be paid to Landlord at the place for
payments specified in Section 1 of the Summary Page(s), or such other place as Landlord may, from time to time, designate in writing. 
 4.5 Security Deposit. Within ten (10) days of execution of this Lease by the parties, Tenant shall deposit with Landlord the amount specified as the “Security Deposit” in Section 4 of the Summary Page(s) to be
held by Landlord in a separate account bearing interest at fair market value for this type of account. Landlord may apply the Security Deposit to pay any loss or expense Landlord incurs, including without limitation attorneys’ fees, as the
result of Tenant’s failure to perform any of Tenant’s obligations under this Lease after the expiration of any applicable grace or cure period hereunder. Landlord shall return 100% of the unused portion of the Security Deposit plus
interest thirty (30) days after Tenant has vacated and the Lease has expired. Tenant may not assign or encumber the Security Deposit without Landlord’s written consent. In addition, Tenant shall also deposit with Landlord, within thirty
(30) days of Tenant’s taking possession of the Demised Premises, a pre-payment of the first year’s Base Rent due under this Lease, such prepayment to be amortized over the first year of this Lease. 
 ARTICLE V 
  

	5.	INSURANCE. 

 5.1 Tenant’s Insurance.
Tenant covenants and agrees to obtain and keep in full force and effect during the Lease Term and to pay the premiums and costs for the types and kinds of insurance as hereinafter provided. 
 5.2 Casualty Insurance. Tenant covenants and agrees to obtain and maintain casualty insurance as hereinafter defined. “Casualty
Insurance” shall mean fire and extended coverage insurance (including sprinkler leakage when applicable) with respect to the Building and the property of every description and kind owned by Tenant and located in the Demised Premises or for
which Tenant is legally liable or installed by or on behalf of Tenant, including, without limitation, glass windows and doors, furniture, fittings, installations, alterations, additions, partitions, fixtures and anything in the nature of a leasehold
improvement in amount not less than the full replacement cost thereof. Tenant shall furnish a certificate of insurance evidencing the coverage required by this Paragraph 5.2 to Landlord prior to Tenant’s occupancy of the Demised Premises.
Tenant shall also furnish a certificate evidencing renewal of such coverage to Landlord prior to expiration of coverage. 
 5.3 Liability
Insurance. Tenant covenants and agrees to obtain and maintain liability insurance, as hereinafter defined. “Liability Insurance” shall mean comprehensive general liability insurance covering public liability with respect to the
possession, use and operation of the Demised Premises, with combined single limits of not less than $3,000,000.00, and not less than 55,000,000 annual aggregate for this location, including independent contractor’s coverage. The policy shall
include contractual liability covering Tenant’s 

  

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obligation under the Lease, with a deductible of up to $100,000, unless otherwise approved in writing by Landlord. Tenant shall furnish a certificate of
insurance evidencing the coverage required by this Paragraph 5.3 to Landlord prior to Tenant’s occupancy of the Building or Demised Premises. Tenant shall also furnish a certificate evidencing renewal of such coverage to Landlord prior to
expiration of coverage. 
 5.4 Intentionally Deleted. 
 5.5 Workers’ Compensation. In addition to the policies referred to above, Tenant shall maintain at all times during the Lease Term when construction is being performed by the Tenant at the Demised
Premises, Workers’ Compensation Insurance coverage to the extent required by applicable law. 
 5.6 General Provisions Respecting
Insurance. Except as otherwise approved in writing by Landlord, all insurance obtained by Tenant shall be with insurers approved by Landlord, which approval shall not be unreasonably withheld, and with a rating in “Best’s Insurance
Guide” of “A”; shall name Landlord and the holder of any mortgage or deed of trust encumbering the Property as insured parties, as their interests may appear; shall contain a waiver of rights of subrogation as among Tenant, Landlord
and the holder of any such mortgage or deed of trust; and shall provide, by certificate of insurance or otherwise, that the insurance coverage shall not be canceled or altered except upon thirty (30) days’ prior written notice to Landlord
and the holder of any such mortgage or deed of trust. Landlord may deposit such certificate of insurance with the holder of any such mortgage or deed of trust. 
 5.7 Intentionally Deleted. 
 5.8 Insurance Requirements. All insurance required to be carried
by Tenant hereunder shall insure Tenant and shall name, as additional insureds or loss payee (as the case may be) to the extent Landlord has an insurable interest in the property insured, Landlord and such other person or persons designated in
writing by Landlord to Tenant that have an insurable interest in the Building and Property, as their respective interests may appear (“Landlord’s Designee(s)”), and each policy shall contain a provision that it cannot be canceled or
amended, insofar as it relates to the Building and Property, without at least thirty (30) days prior notice to Landlord and Landlord’s Designee(s). 
 5.9 Waiver of Claims Against Landlord. Landlord, its agents and employees shall not be liable for, and Tenant waives all of Claims for, loss or damage to Tenant’s business (including loss of revenue or
additional labor and expense) or damage to person or property sustained by Tenant or any person claiming through Tenant resulting from any accident or occurrence directly or primarily in or upon the Demised Premises of which it is a part, or any
other area of Technology Park II. 
 ARTICLE VI 
  

	6.	OTHER RESPONSIBILITIES OF TENANT. 

 6.1
Limitation of Use by Tenant. Tenant covenants and agrees to use the Demised Premises only for the use or uses set forth as Permitted Uses by Tenant in Section 3 of the Summary Page(s). Landlord and Tenant further agree any violation of
this Paragraph 6.1 by Tenant, which violation continues for a period of seven (7) days after written notice thereof by Landlord to Tenant, shall constitute a Default by Tenant under Article X, notwithstanding the longer thirty (30) day
cure period provided for in Section 10.3. 
 6.2 Intentionally Deleted. 
 6.3 Compliance with Laws. From and after the Commencement Date, Tenant covenants and agrees nothing shall be done or kept in the Demised Premises,
by Tenant in violation of any law, ordinance, order, rule or regulation of any governmental authority having jurisdiction and the Demised Premises shall be used, kept and maintained by Tenant in compliance with any such law, ordinance, order, rule
or regulation. Tenant shall have the right to contest any alleged violations or the applicability of such law to Tenant or the Demised Premises. 
 6.4 Intentionally Deleted. 
 6.5 Compliance with Covenants. From and after the Commencement Date Tenant covenants and
agrees to comply with any and all permitted covenants, conditions or restrictions affecting the Demised Premises and Technology Park II. If there is any inconsistency between the provisions of this Lease and the provisions of the covenants,
conditions or restrictions, the provisions of this Lease shall control. 
  

 6 

 6.6 Intentionally Deleted,. 
 6.7 ADA Compliance. Except as may be provided elsewhere in this Lease, Tenant covenants, represents and warrants to Landlord, its successors and
assigns, that following the Lease Commencement Date Tenant shall be responsible for maintaining the Demised Premises in compliance with the Americans with Disabilities Act of 1990 (“ADA”) with any other federal, state or local statute or
regulation as each may have been amended from time to time, pertaining to providing access to the Demised Premises to persons with disabilities or to the removal of existing barriers to access to the Demised Premises by such individuals and that any
future modifications/additions to the Demised Premises by Tenant will comply with the ADA and all other federal, state or local laws, statutes, regulations or ordinances of similar nature. These covenants, representations and warranties shall be
deemed continuing covenants, representations and warranties for the benefit of the Landlord, and any successors and assigns of the Landlord, including any subsequent owner of the Demised Premises. 
 6.8 Waste or Impairment of Value. Tenant agrees nothing shall be done or kept in the Demised Premises that might substantially impair the value of
the Demised Premises. 
 6.9 Hazardous Use. Tenant agrees to comply with any and all Governmental rules and regulations with respect
to the existence or use of “Hazardous Material” (as defined below) at the Demised Premises: 
 (a) Tenant’s Hazardous
Materials. Tenant covenants and agrees that Tenant shall at all times from and after delivery of possession of the Demised Premises to Tenant, be responsible and liable for, and be in complete and strict compliance with, all Governmental laws,
ordinances, rules and regulations relating to the use of “Hazardous Materials” by Tenant in, on, under or about the Demised Premises. The term “Governmental” as used herein shall include, without limitation, federal, state, and
local governments, and political subdivisions and regulatory agencies of federal, state, and local governments. The term “Hazardous Materials” as used herein shall include, without limitation, whether now or subsequently listed in any
Governmental listing or publication defining hazardous materials, substances defined as: “hazardous substances”, “hazardous materials”, or “toxic substances” in the Comprehensive Environmental Response, Compensation and
Liability Act of 1980, as amended, 42 U.S.C. Section 9601, et seq.; the Hazardous Materials Transportation Act, 49 U.S.C. Section 1801, et seq.; the Resource Conservation and Recovery Act, 42 U.S.C. Section 6901, et
seq.; and any subsequent amendments thereto, or replacement statutes thereof and ordinances, rules and regulations adopted and publications promulgated pursuant to said laws. 
 (b) Compliance with Laws. Tenant further covenants and agrees, at its sole cost and expense, to procure, maintain in effect, and comply with all
conditions of any and all permits, licenses, and approvals issued by Governmental agencies for Tenant’s use of Hazardous Materials in, on, under or about the Demised Premises. Tenant shall in all respects handle, treat, deal with and manage any
and all Hazardous Materials of Tenant in, on, under or about the Demised Premises in strict conformity with all applicable Governmental laws, ordinances, rules and regulations relating to Hazardous Materials. 
 6.10 Nuisance or Offensive Activity. Tenant agrees not to carry on any unreasonably offensive activity in or upon the Demised Premises, nor shall
Tenant do or keep in the Demised Premises anything which is a public or private nuisance or which may disturb the quiet enjoyment of others in the Demised Premises, in Technology Park II or on adjacent or nearby property. 
 6.11 Annoying Lights, Sounds or Odors. Tenant agrees no light shall be emitted from the Demised Premises which is unreasonably bright or
causes unreasonable glare; no sound shall be emitted from the Demised Premises which is unreasonably loud or annoying; and no odor shall be emitted from the Demised Premises which is or might be unreasonably offensive to Landlord, or others, in
Technology Park II or on adjacent or nearby property. 
 6.12 Unsightliness. Tenant agrees no unsightliness caused by Tenant and
visible outside of the Building shall be permitted in the Demised Premises. Without limiting the generality of the foregoing, all unsightly equipment, objects and conditions shall be kept enclosed within the Building; no refuse, scraps, debris,
garbage, trash, bulk materials or waste shall be kept, stored or allowed to accumulate, except as may be enclosed within the Building. Tenant shall be solely responsible for the removal of all refuse, scraps, debris, garbage, trash, bulk materials
or waste from the Demised Premises and the deposit thereof in the trash containers or dumpsters located adjacent to the Building. 
  

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 6.13 Animals. Tenant agrees no animals, except those permitted by law, shall be permitted or kept
in the Demised Premises. 
 6.14 Structural, Electrical or Other Overloading. Tenant agrees nothing shall be done or kept by Tenant in
the Demised Premises and no improvements, changes, alterations, additions, maintenance or repairs shall be made to the Demised Premises by Tenant following the Lease Commencement Date which impairs the structural soundness of the Building, which
results in an overload of utility lines serving the Demised Premises or Technology Park II, or which interferes with electric, electronic or other equipment in the Building or on any adjacent or nearby property. In the event of violations hereof,
Tenant agrees to immediately remedy the violation at Tenant’s expense and in compliance with all requirements of governmental authorities. 
 6.15 Obstruction and Use of Demised Premises. Tenant agrees not to unreasonably obstruct or encumber the Demised Premises. 
 6.16 Maintenance and Repairs. Tenant agrees, at its sole cost, and expense, that it will throughout the term of this Lease, take good care of the Demised Premises and will keep same in good repair, order and condition, and in a clean
and orderly condition, free of dirt, rubbish and unlawful obstructions, and that it will make all necessary repairs thereto, ordinary and extraordinary, foreseen and unforeseen (“Maintenance and Repairs”). As used herein, the term,
“Maintenance and Repairs” shall include, but not be limited to, all necessary replacements, renewals, alterations, additions and betterments. Such Maintenance and Repair shall include, but shall not be limited to, (a) the painting and
refinishing of the interior of the Building and Demised Premises; (b) replacement of all broken or cracked interior glass windows and doors; (c) maintenance and repair of all doors and door closing or locking mechanisms; (d) pest
control services, if required, for the Building or Demised Premises; (e) the repair of any damage resulting from the movement of furniture, fixtures, merchandise or supplies by Tenant; (f) maintenance of all floor coverings, such as
carpeting; (g) janitorial and cleaning services; (h) installation and replacement of light bulbs, tubes and ballasts; (i) exterior maintenance to include landscaping and parking lot snow removal; (j) maintenance and repair of the
structure and exterior of the Building; and (k) arrange for the removal and disposition of all garbage, trash, rubbish other refuse from trash containers or dumpsters located in the Demised Premises. All repairs made by Tenant shall be at least
equal in quality and utility value to the original work. 
 Tenant shall be responsible for maintaining in good order and repair and in a safe condition, and
free of snow, ice, debris, or other obstruction, all sidewalks, parking areas and walkways to and about the Building and the Demised Premises. Tenant shall, at its expense, maintain in good condition the landscaped areas of the Demised Premises
(including as applicable and without limitation, periodic mowing, watering, trimming, removal of rubbish, and replacement of plants, shrubs and tree, as may be necessary to keep the landscaped areas in first class condition.) 
 Tenant shall be also responsible for the removal of debris and trash due to Tenant’s Maintenance and Repair and Changes in the Demised Premises. In addition, Tenant
shall initiate and carry out a program of regular Maintenance and Repair of the Building and Demised Premises, so as to impede, to the extent possible, deterioration by ordinary wear and tear. Tenant covenants and agrees all Maintenance and Repair
shall be completed with due diligence and in a good and workmanlike fashion and in compliance with all reasonable conditions imposed by Landlord and all applicable permits, authorizations, laws, ordinances, orders, rules and regulations of
governmental authorities having jurisdiction, and the costs and expenses with respect to such Maintenance and Repair shall be paid promptly when due and the Maintenance and Repair shall be accomplished free of liens of mechanics and materialmen. If
Tenant fails to perform Maintenance and Repair required hereunder, Landlord shall have the right, but not the obligation, upon reasonable notice to Tenant to enter the Building and Demised Premises to make inspections and to perform such Maintenance
and Repair on Tenant’s behalf. Tenant further covenants and agrees the costs and expenses incurred by Landlord for any repair or maintenance to the Building and Demised Premises required as a result of Tenant’s Maintenance and Repair or
required as a result of a failure of Tenant to perform such Maintenance and Repair plus ten percent (10%) of such costs and expenses for overhead expenses shall be reimbursed by Tenant to Landlord within ten (10) days upon Landlord’s
written demand. 
 6.17 Restriction on Changes and Alterations. Tenant agrees not to improve, change, alter, add to, remove or
demolish any improvements on the Building and Demised Premises (“Changes”) (a) without the prior written consent of Landlord, which consent shall not be unreasonably withheld, conditioned or delayed; (b) unless Tenant complies
with all conditions which may be imposed by Landlord; (c) and unless Tenant pays to Landlord the reasonable costs and expenses of Landlord for architectural, engineering or other consultants which may be reasonably incurred by Landlord in
determining whether to approve any such Changes (not to exceed $5,000 per Change). Notwithstanding the foregoing, any Changes which cost less than One Hundred Thousand Dollars ($100,000.00), which do not reduce the value of the Building or Demised
Premises and which will not affect the structural integrity of the Building may be made without the prior consent of Landlord, provided Tenant shall nevertheless furnish Landlord a copy of Tenant’s plans for any such Changes prior to making
such Changes. If consent is required and given, no such Changes shall be permitted unless Tenant shall have first procured and paid for all necessary permits and authorizations from any governmental 

  

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authorities having jurisdiction; unless such Changes will not reduce the value of the Building or Property, and will not affect or impair existing insurance
on the Building or Property; and unless Tenant, at Tenant’s sole cost and expense, shall, prior to commencing any work on such Changes, obtain and maintain or cause to be obtained and maintained worker’s compensation insurance covering all
persons employed in connection with the work and obtains liability insurance covering any loss or damage to persons or property arising in connection with any such Changes and such other insurance or bonds as Landlord may reasonably require and
shall deliver a certificate of such worker’s compensation insurance, liability insurance, or other insurance, to Landlord. Tenant covenants and agrees any such Changes approved by Landlord shall be completed with due diligence and in good and
workmanlike fashion and in compliance with all reasonable conditions imposed by Landlord and all applicable permits, authorizations, laws, ordinances, orders, rules and regulations of governmental authorities having jurisdiction and the costs and
expenses with respect to such Changes shall be paid promptly when due and the Changes shall be accomplished free of liens of mechanics and materialmen. Tenant agrees if the Changes increase the value of the Property such that Property taxes are
increased, then Tenant shall pay to Landlord that portion of the property tax increase attributable to such Changes. Excluding Tenant’s trade fixtures removed prior to the end of the Lease Term, Tenant agrees all such Changes shall become the
property of Landlord at the expiration of the Lease Term or, if Landlord so requests, Tenant shall, at or prior to expiration of the Lease Term and at its sole cost and expense, remove such Changes in accordance with the provisions of the Paragraph
of this Lease entitled “Removal of Tenant’s Equipment”, and thereafter Tenant shall restore the Building or Demised Premises to their condition prior to such Changes excluding ordinary wear and tear. 
 6.18 Notice of Non-Responsibility. Tenant agrees in connection with any Maintenance and Repairs or Changes, Tenant shall use only contractors and
subcontractors (“Contractors”) who are (i) properly licensed, and (ii) adequately insured. Tenant shall permit Landlord to post a notice of nonresponsibility on the Demised Premises for protection of Landlord’s interest from
mechanics’ or other liens and to take all such other action as Landlord may desire in order for Landlord to comply with said Paragraph or such provisions. 
 6.19 No Mechanics’ Liens. Tenant agrees not to permit or suffer, and to cause to be removed and released, any mechanics’, materialmen’s or other lien on account of supplies, machinery, tools,
equipment, labor or material furnished or used in connection with any construction, improvements, or Maintenance and Repairs or Changes to the Building and Demised Premises by, through or under Tenant. Tenant shall have the right to contest, in good
faith and with reasonable diligence, the validity of any such lien or claimed lien, provided Tenant shall give to Landlord such security as may be reasonably requested by Landlord to insure the payment of any amounts claimed, including interest and
costs, and to prevent any sale, foreclosure or forfeiture of any interest in the Property on account of any such lien, and provided, on final determination of the lien or claim for lien, Tenant shall immediately pay any judgment rendered, with
interests and costs, and will cause the lien to be released and any judgment satisfied. 
 6.20 Other Encumbrances. Tenant covenants
and agrees not to obtain any financing secured by Tenant’s interest in the Demised Premises and not to encumber the Demised Premises or Landlord or Tenant’s interest therein, without the prior written consent of Landlord, and to keep the
Demised Premises free from all liens and encumbrances except liens and encumbrances created by Landlord. The restrictions of this Section 6.21 shall not apply to any inventory, equipment or other materials of Tenant contained in or on the
Demised Premises. 
 6.21 Fixtures and Improvements. Landlord covenants and agrees that all Tenant’s Improvements kept or
installed on the Demised Premises by Tenant shall not become the property of Landlord or a part of the realty no matter how affixed to the Demised Premises and may be removed by Tenant at any time and from time to time during the term of this Lease,
provided Tenant shall repair any damage to the Demised Premises caused by such removal. Tenant agrees all improvements on the Demised Premises and all equipment relating to the operation of the Demised Premises (as distinguished from operations
incident to the business of Tenant including without limitation Tenant’s Equipment), and whether now or hereafter located upon the Building, including but not limited to, all plumbing, heating, lighting, electrical and air conditioning fixtures
and such fixtures or improvements installed in the Building by Landlord whether or not on the behalf of Tenant, shall be and remain the property of Landlord upon expiration of the Lease Term unless otherwise agreed in writing between the parties. At
Landlord’s option, Landlord may require Tenant to remove any fixtures or improvement installed by Tenant or on behalf of Tenant at Tenant’s cost and expense and to place the Demised Premises in the same condition as the Demised Premises
and would have been if such fixture or improvement had not been installed, with the exception of improvements made by Landlord at Tenant’s request and which Landlord does not request be removed at the termination of the lease, and also
excepting ordinary wear and tear. 
 6.22 Removal of Tenant’s Equipment. Tenant agrees to remove prior to the expiration of the
Lease Term (“Removal Deadline”), all of Tenant’s Equipment, as hereinafter defined. “Tenant’s Equipment” shall mean all equipment, apparatus, machinery, furniture, furnishings and personal property installed by Tenant
and used in the operation of Tenant’s business (as distinguished from the use and operation of the Building or Demised Premises). If such removal shall injure or damage the Building or Demised Premises, Tenant covenants and 

  

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agrees, at its sole cost and expense, at or prior to the Removal Deadline of the Lease Term, to repair such injury and damage in good and workman like
fashion and to place the Building or Demised Premises in the same condition as the Building or Demised Premises would have been if such Tenant’s Equipment had not been installed. 
 6.23 Subordination to Landlord Mortgages. Tenant covenants and agrees, at Landlord’s option, this Lease and Tenant’s interest in the
Building and Demised Premises shall be junior and subordinate to any mortgage or deed of trust now or hereafter encumbering the Demised Premises provided, as to any mortgage or deed of trust given hereafter, the mortgagee or beneficiary under such
mortgage or deed of trust agrees in writing, that Tenant’s rights under this Lease shall be recognized and not disturbed and the Tenant’s rights under Section 14 shall be recognized, in the event of foreclosure of the Building or
Demised Premises, provided only that Tenant shall not be in default hereunder (subject to any applicable cure periods) and Tenant shall attorn to the party acquiring title to the Demised Premises as the result of such foreclosure. No act or further
agreement by Tenant shall be necessary to establish the subordination of this Lease to any such mortgage or deed of trust but Tenant covenants and agrees, upon request of Landlord, to execute such documents as may be necessary or appropriate to
confirm and establish this Lease as subordinate to any such mortgage or deed of trust in accordance with the foregoing provisions. Alternatively, Tenant covenants and agrees that, at Landlord’s option, Tenant shall execute documents as may be
necessary to establish this Lease and Tenant’s interest in the Building and Demised Premises as superior to any such mortgage or deed of trust. 
 6.24 Assignment or Subletting. Subject to the exclusions herein, Tenant covenants and agrees not to make or permit a Transfer by Tenant, as hereinafter defined, without Landlord’s prior written consent,
which shall not be unreasonably withheld, conditioned or delayed. A “Transfer by Tenant” shall include an assignment of this Lease, a sublease of all or any part of the Demised Premises or any assignment, sublease, transfer, mortgage,
pledge or encumbrance of all or any part of Tenant’s interest under this Lease or in the Demised Premises, by operation of law or otherwise, or the use or occupancy of all or any part of the Demised Premises by anyone other than Tenant.
Notwithstanding any provision of this Section 6.25 to the contrary, Tenant subject to ongoing guarantee of Tenant’s obligations by Assignor, without the prior written consent of Landlord but upon prior or subsequent notice to Landlord,
shall have the right to assign this Lease or sublet all or a portion of the Leased Premises to an entity which is controlled by Tenant (i.e., an entity of which Tenant owns more than 50% of the outstanding shares), which controls Tenant (i.e. an
entity which owns more than 50% of the Tenant’s shares, such as a parent-subsidiary relationship), which is under common control with Tenant (such as a brother-sister or affiliate relationship), or which is merged or consolidated with or into
Tenant, whether through operation of law or otherwise, and each of the foregoing shall not be considered a Transfer by Tenant. In the event Landlord consents to any Transfer by Tenant, Tenant shall not be relieved of its obligations under this Lease
and Tenant shall remain liable, jointly and severally and as a principal, and not as a guarantor or surety, under this Lease, to the same extent as though no Transfer by Tenant had been made, unless specifically provided to the contrary in
Landlord’s prior written consent. In addition, if Landlord shall consent to a Transfer by Tenant, Landlord shall, at Landlord’s option, have the right to require Tenant to pay to Landlord fifty percent (50%) of the amount by which the
rent paid to Tenant by such Transferee exceeds the Tenant’s expenses incurred in connection with such transaction and rent paid by Tenant to Landlord. The acceptance of rent by Landlord from any person other than Tenant shall not be deemed to
be a waiver by Landlord of the provisions of this Section or of any other provision of this Lease and Tenant shall not deem any consent by Landlord to Transfer by Tenant a consent to any subsequent Transfer. 
 Tenant agrees to pay to Landlord, within ten (10) days after demand by Landlord, the reasonable costs and expenses of Landlord in connection with any request by
Tenant for consent to a Transfer by Tenant, including reasonable attorneys’ fees, whether or not consent of Landlord is given to the Transfer by Tenant, but in no event to exceed five thousand dollars ($5,000) per consent request.
Notwithstanding anything to the contrary herein, as long as the Assignee is the same or stronger financial condition than the Tenant, Tenant shall have the right to assign this Lease (i) to a new affiliate entity created by Tenant in connection
with Tenant’s reincorporation in Delaware and (ii) as part of an public equity offering, and in connection with each (i) and (ii) Tenant shall have no obligation to pay (and Landlord no claim for) any costs or expenses in
conjunction therewith. 
 6.25 Communication Service. Tenant agrees to arrange, at its sole expense with the applicable local public
authorities or utilities, as the case may be, for the furnishing of all communication services as may be required by Tenant in the use of the Demised Premises. Tenant shall directly pay for such services by said authority or utility and the
inability of Tenant to obtain or to continue to receive such services for any reason whatsoever shall not relieve Tenant of any of its obligations under this Lease. 
 6.26 Payment of Income and Other Taxes. Tenant covenants and agrees to pay promptly when due all personal property taxes on personal property of Tenant on the Demised Premises and all federal, state and local
income taxes, sales taxes, use taxes, Social Security taxes, unemployment taxes and taxes withheld from wages or salaries paid to Tenant’s employees, the nonpayment of which might give rise to a lien on the Demised Premises or Tenant’s
interest therein, and to furnish, if requested by Landlord, evidence of such payments. 
  

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 6.27 Estoppel Certificates. Tenant covenants and agrees to execute, acknowledge and deliver to
Landlord, upon Landlord’s written request, a written statement certifying to Tenant’s knowledge and belief (a) this Lease is unmodified (or, if modified, stating the modifications) and in full force and effect; (b) stating the
amount of the Security Deposit held by Landlord; (c) stating the dates to which Base Rent and Additional Rent have been paid; and (d) stating whether or not Landlord is in default under this Lease (and, if so, specifying the nature of the
default). Tenant agrees such statement may be delivered to and relied upon by any existing or prospective mortgagee or purchaser of the Property. 
 6.28 Furnishing of Financial Statement. Upon Landlord’s written request, Tenant shall promptly furnish Landlord under non-disclosure agreement in a form acceptable to Tenant, from time to time but not more than once per calendar
year, with financial statements certified by Tenant to be in accordance with GAAP, reflecting Tenant’s then current financial condition. 
 6.29 Landlord Right to Inspect and Show Premises. During the last twelve (12) months of the Lease Term, Tenant agrees Landlord and the authorized representatives of Landlord shall have the right to enter the Demised Premises by
providing not less than one (1) business day prior written notice, at any reasonable time during ordinary business hours for the purposes of showing the Building and Demised Premises to any mortgagee, purchaser, prospect or tenant of the
Building and Demised Premises. Each person visiting the Demised Premises shall be subject to Tenant’s reasonable security procedures, including without limitation execution of a non-disclosure agreement provided by Tenant. Provided that Tenant
shall not have exercised its option to extend the term hereof, during the last twelve (12) months of the Lease Term, Tenant agrees Landlord may from time to time place on the Building a sign advertising the Building for sale or for lease, so
long as such signage does not unreasonably interfere with or interrupt Tenant’s ongoing business or use and quiet enjoyment of the Demised Premises. 
 6.30 Tenant Indemnification of Landlord. Tenant covenants and agrees to protect, indemnify and save Landlord harmless from and against all liability, obligations, claims, damages, penalties, causes of action,
costs and expenses, including attorneys’ fees, imposed upon, incurred by or asserted against Landlord by reason of (a) any accident, injury to or death of any person or loss of or damage to any property negligently caused by Tenant and
occurring on or about the Building and Demised Premises; (b) any negligent act or omission of Tenant, Tenant’s Permitted Users or of anyone claiming by, through or under Tenant; (c) any violation of any law, ordinance, order, rule or
regulation of governmental authorities having jurisdiction by Tenant, Tenant’s Permitted Users or by anyone claiming by, through or under Tenant; and (d) any Maintenance or Repairs or Changes to the Building and Demised Premises by,
through or under Tenant. Tenant further covenants and agrees, in case any action, suit or proceeding is brought against Landlord by reason of any of the foregoing, Tenant will, at Tenant’s sole cost and expense, defend Landlord in any such
action, suit or proceeding. Notwithstanding the foregoing, Tenant shall not be required to indemnify Landlord against any liability, obligations, claims, damages, penalties, causes of action, costs and expenses, including attorneys’ fees,
arising out of or resulting from the negligent acts or omissions or willful misconduct of Landlord and Landlord’s agents, contractors or employees. 
 6.31 Landlord’s Reserved Rights. Subject to the rights granted to Tenant herein, Landlord, as owner of the Demised Premises, reserves the right from time to time (a) to grant or create easements in,
over, under, through or across the Demised Premises or, any portion thereof, for any purpose, including, without limitation, access, parking, utilities or drainage; (b) to establish the initial location, configuration, size and number of
parking spaces in the parking area, including designation of employee parking areas, and to establish the initial location of any landscaped areas; (c) to alter, add to, improve, change, remove or demolish all or any portion of the buildings or
other Improvements located in Technology Park II other than the Building; and (d) to alter, add to, improve, change or remove pipes, ducts, conduits, wires and other mechanical equipment located or to be located under or above the Building or
Demised Premises, but serving space within buildings other than the Building, all without obtaining the consent of Tenant thereto, provided none of the foregoing shall unreasonably interfere with Tenant’s use and enjoyment of the Building or
Demised Premises. In addition, Landlord hereby reserves the right (a) to change the name of Technology Park II or the Building; (b) to from time to time, temporarily utilize portions of Technology Park II Common Facilities for such uses
which, in Landlord’s judgment, tend to attract the public; and (c) to utilize the light standards and other areas or improvements in Technology Park II Common Facilities for advertising purposes, as long as no such action by Landlord shall
unreasonably interfere with Tenant’s use and enjoyment of the Building or Demised Premises. 
 ARTICLE VII 
  

	7.	LANDLORD RESPONSIBILITIES. 

 7.1 Landlord
Services. The term “Landlord Services” shall mean the services provided to the Demised Premises, and Technology Park II Common Facilities by Landlord as hereinafter provided in Paragraphs 7.2 through 7.6, or as may be defined on the
Summary Page(s). 
  

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 7.2 Landlord’s Maintenance of the Building. Upon Tenant’s request, Landlord will assign
to Tenant manufacturer’s and other warranties obtained by Landlord for the electrical, gas, plumbing, sprinkler, piping, sewage and heating and air conditioning and other systems servicing the Demised Premises. If such warranties may not be
assigned, Landlord will use its best efforts to assist Tenant in obtaining the benefits of such warranties. 
 7.3 Refuse and Trash
Collection Services. Tenant shall arrange for the removal and disposition of all garbage, trash, rubbish and other refuse from trash containers or dumpsters located in Technology Park II for the Demised Premises, and similar charges may not be
included in the Operating Expenses attributable to Tenant. Tenant shall be responsible for the removal of debris and trash due to Tenant’s Maintenance and Repair and Changes in the Building and Demised Premises. 
 7.4 Gas, Electrical, Water and Sewer Services. Landlord shall arrange with the applicable public authorities or utilities, as the case may be, for
the furnishing of gas, electrical, water and sewer service to the Demised Premises. Tenant acknowledges Landlord’s inability to obtain or to continue any such utility services for any reason whatsoever, except due to the negligence of Landlord,
its agents, employees or contractors, shall not relieve Tenant of any of its obligations under this Lease. If Tenant’s equipment requires water or sewer services in excess of normal quantities, any facilities to supply or measure excess
quantities may be provided by Landlord, at its option, at the sole expense of Tenant. 
 7.5 Interruption of Service. Tenant agrees
Landlord shall not be liable for failure to supply any Landlord Services during any period when Landlord uses reasonable diligence to supply such Landlord Services. Landlord reserves the right to temporarily discontinue Landlord Services, at such
time as may be necessary by reason of accident, repairs, alterations or improvements or whenever by reason of strikes, lockouts, riots, acts of God or any other happening beyond the control of Landlord, Landlord is unable to furnish such Landlord
Services. Landlord shall not be liable for damages to persons or property for any such discontinuance, nor shall such discontinuance in any way be construed as an eviction of or cause an abatement of rent or operate to release Tenant from any of
Tenant’s obligations hereunder. 
 7.6 Energy Conservation and Environmental Protection. In the event any governmental authority
having jurisdiction imposes mandatory controls applicable to Landlord, the Building, the Demised Premises or Technology Park II relating to the use or conservation of water, gas, electricity, or power, the reduction of automobile emissions, other
emissions or the use of automobiles, or to resource conservation or environmental protection, Landlord at its sole discretion, may comply with such mandatory controls or voluntary guidelines and accordingly, require Tenant to so comply. Any
reduction in Landlord Services resulting from Landlord’s compliance with such mandatory controls shall be imposed upon Tenant. Landlord shall not be liable for damages to persons or property for any such reduction, nor shall such reduction in
any way be construed as a partial eviction of or cause an abatement of rent or operate to release Tenant from any of Tenant obligations hereunder. 
 7.7 Landlord’s Indemnification of Tenant. Landlord shall indemnify and hold Tenant harmless from and against any and all claims, losses, liabilities, costs and expenses (including without limitation attorneys’ fees and
court costs), and demands arising from the negligence of the Landlord, its officers, agents and/or employees or contractors, as well as those arising from Landlord’s failure to comply with any covenant of this Lease on its part to be performed,
and shall at its own expense, defend the Tenant against any and all suits, proceedings, hearings, or actions arising out of such negligence, actual or alleged, and all appeals therefrom and shall satisfy and discharge any judgment which may be
awarded against Tenant in any such suit or action. 
 7.8 Soil Contamination. Landlord represents and warrants that at the
commencement of this Lease, the Property shall be free from petroleum product contamination and other hazardous waste. If these representations and warranties are found to be incorrect, Landlord at its sole cost, shall bring the Property into
compliance with applicable orders, directives, laws, statues, ordinances, rules or regulations of local, state, federal or other governmental or quasi-governmental authorities. If the Property is not free of petroleum contamination or other
hazardous materials or in compliance with all applicable laws, rules, regulations, ordinances, orders and directives of any local, state, federal or other governmental or quasi-governmental authority having jurisdiction over the Property, then
Landlord, at its sole cost, shall bring the Property into full compliance therewith. Landlord shall be responsible for any remediation of environmental contamination of the Property required by applicable orders, directives, laws, statues,
ordinances, rules or regulations of local, state, federal or other governmental or quasi-governmental authorities that existed prior to Tenant’s possession of the Demised Premises, or was caused by Landlord, or (as to liability between Landlord
and Tenant), any contamination that may migrate onto the Property, not caused by Tenant. Landlord shall indemnify, defend and hold Tenant harmless from and against any and all claims, demands, losses, expenses, damages, liabilities, fines,
penalties, charges, administrative and judicial proceedings and orders, judgments, remedial action requirements, enforcement actions of any kind, attorneys’ fees and court costs, and all costs and expenses arising out of any breach of the
Landlord’s representation or failure to performed under this paragraph, including, without limitation, Landlord’s remediation obligations. 
  

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 ARTICLE VIII 
  

	8.	DAMAGE OR DESTRUCTION. 

 8.1 Tenant’s
Obligation. Except as otherwise provided below in this Article, if the Building or Demised Premises are damaged or destroyed by fire, windstorm or other casualty during the term of this Lease (any such event herein a “Casualty”), then
Tenant shall promptly repair and restore the same to substantially the same or better condition as existed prior to such Casualty. The Improvements shall be repaired and restored in conformity with the original Building plans, with only such changes
as Landlord shall have approved in writing. Such repair and restoration shall be in compliance with all governmental requirements. Unless Landlord terminates this Lease pursuant to the following Section, Tenant shall, during any period in which the
Improvements are damaged or destroyed by Casualty, pay to Landlord all fixed minimum rent and other Tenant obligations when due under this Lease, unless otherwise agreed, in writing, by the parties. 
 8.2 Landlord’s Option to Terminate if Damage Substantial. If any portion of the Building or Demised Premises shall be damaged or destroyed by
fire, windstorm or other casualty, Tenant shall promptly proceed to determine the nature and extent of the damage or destruction and to estimate the time necessary to repair or restore the Building or Demised Premises. As soon as reasonably
possible, but not later than thirty (30) days following such damage or destruction, Tenant shall give written notice to Landlord stating Tenant’s estimate of the time necessary to repair or restore the Building (“Notice of Repair
Time”). If Tenant reasonably estimates repair or restoration of the Building or Demised Premises cannot be completed within ninety (90) days after the date of Notice of Repair Time, Landlord shall have the option to terminate this Lease.
Any option granted hereunder shall be exercised by written notice to the other party given within ten (10) days after the notice by either Landlord or Tenant exercising such party’s option to terminate this Lease. In the event of
termination of this Lease under the provisions hereof, Landlord shall refund to Tenant any portion of the Security Deposit not previously applied by Landlord pursuant to this Lease and such amounts of Base Rent and Additional Rent, and the Good
Faith deposit and other amounts paid but not accrued hereunder, theretofore paid by Tenant as may be applicable to the period subsequent to the date of damage or destruction, less the reasonable value of any use or occupation of the Building or
Demised Premises by Tenant subsequent to the date of damage or destruction. 
 8.3 Obligations to Repair and Restore. If this Lease is
not terminated by either Landlord or Tenant pursuant to the foregoing provisions, this Lease shall continue in full force and effect and Tenant shall proceed forthwith to cause the Building or Demised Premises to be repaired and restored with
reasonable diligence. 
 8.4 Application of Insurance Proceeds. The proceeds of any Casualty Insurance maintained on the
Building or Demised Premises, other than casualty insurance maintained by Tenant on fixtures and personal property of Tenant, shall be paid to and become the property of Landlord, subject to any obligation of Landlord. 
 8.5 Cooperation in the Event of Loss. Landlord and Tenant shall reasonably cooperate with each other in the collection of any insurance proceeds
which may be payable in the event of any loss, including the execution and delivery of any proof of loss or other actions required to effect recovery. 
 ARTICLE IX 
  

	9.	CONDEMNATION. 

 9.1 Taking — Substantial
Taking — Insubstantial Taking. A “Taking” shall mean the taking of all or any portion of the Building or Demised Premises as a result of the exercise of the power of eminent domain or condemnation for public or quasi-public use or
the sale of all or part of the Building or Demised Premises under the threat of condemnation. A “Substantial Taking” shall mean a Taking of so much of the Building or Demised Premises that (i) Tenant is unable have and enjoy quiet and
peaceable possession of the Demised Premises, (ii) the Building or Demised Premises cannot thereafter be reasonably used by Tenant for carrying on, at substantially the same level and scope, the business theretofore conducted by Tenant on the
Building or Demised Premises. An “Insubstantial Taking” shall mean a Taking such that (i) Tenant is able have and enjoy quiet and peaceable possession of the Demised Premises, and (ii) the Building or Demised Premises can
thereafter continue to be used by Tenant for carrying on, at substantially and materially the same level and scope, the business theretofore conducted by Tenant on Building or Demised Premises. 
  

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 9.2 Termination on Substantial Taking. If there is a Substantial Taking with respect to the
Building or Demised Premises, the Lease Term shall expire on the date the condemning authority takes possession of the Property pursuant to such Taking. In the event of termination of this Lease under the provisions hereof, Landlord shall refund to
Tenant such amounts of Base Rent and Additional Rent theretofore paid by Tenant as may be applicable to the period subsequent to the time of termination of this Lease and refund in entirety the Security Deposit, if any. 
 9.3 Restoration on Insubstantial Taking. In the event of an Insubstantial Taking, this Lease shall continue in full force and effect, Landlord
shall proceed forthwith to cause the Building or Demised Premises to be restored as near as may be to the original condition thereof and there shall be abatement of Base Rent and Additional Rent proportionate to the extent of the space so taken as
of the date of the taking (including a proportional refund of Tenant’s security deposit, if any, to the extent of the space taken). Landlord may, at its option, require Tenant to arrange for and handle the restoration of the Building or Demised
Premises, in which case Landlord shall furnish Tenant with sufficient funds for such restoration at the time or times such funds are needed, utilizing the proceeds of any awards or consideration received as a result of the Taking and any additional
funds necessary to cover the costs of restoration. 
 9.4 Right to Award. The total award, compensation, damages or consideration
received or receivable as a result of Taking (“Award”) shall be paid to and be the property of Landlord, whether the Award shall be made as compensation for diminution of the value of the leasehold or the fee of the Building or Demised
Premises or otherwise and Tenant hereby assigns to Landlord, all of Tenant’s right, title and interest in and to any such Award. Tenant covenants and agrees to execute, immediately upon demand by Landlord, such documents as may be necessary to
facilitate collection by Landlord of any such Award. Nothing herein shall give Landlord any interest in, or preclude Tenant from seeking and recovering on its own account from the condemning authority any award or compensation attributable to the
taking or purchase of Tenant’s Equipment. 
 ARTICLE X 
  

	10.	DEFAULT BY TENANT. 

 10.1 Defaults Generally.
Each of the following shall constitute a “Default by Tenant” under this Lease: 
 10.2 Failure to Pay Rent or Other Amounts.
A Default by Tenant shall exist if Tenant fails to pay when due, Base Rent payable by Tenant under the terms of this Lease, and such failure shall continue for one business day after written notice from Landlord to Tenant of such failure; Tenant
fails to pay when due any other amounts payable by Tenant under the terms of this Lease, and such failure shall continue for ten (10) business days after written notice from Landlord to Tenant of such failure. 
 10.3 Violation of Lease Terms. A Default by Tenant shall exist if Tenant breaches or fails to comply with any material agreement, term, covenant
or condition in this Lease applicable to Tenant, and such breach or failure to comply continues for a period of thirty (30) days after notice thereof by Landlord to Tenant, or, if such breach or failure to comply cannot be reasonably cured
within such thirty (30) day period, if Tenant shall not in good faith commence to cure such breach or failure to comply within such thirty (30) day period or shall not diligently proceed therewith to completion. 
 10.4 Intentionally Deleted. 
 10.5
Execution and Attachment Against Tenant. A Default by Tenant shall exist if Tenant’s interest under this Lease or in the Demised Premises shall be taken upon execution or by other process of law directed against Tenant, or shall be
subject to any attachment at the insistence of any creditor or claimant against Tenant and (i) said attachment shall not be discharged or disposed of within thirty (30) days after the levy thereof or (ii) Tenant shall not have
provided a bond or other security to protect the interests of Landlord with respect to such attachment. 
 10.6 Bankruptcy or Related
Proceedings. A Default by Tenant shall exist if Tenant shall file a petition in bankruptcy or insolvency or for reorganization or arrangement under the bankruptcy laws of the United States or under any similar act of any state, or shall
voluntarily take advantage of any such law or act by answer or otherwise, or shall be dissolved or shall make an assignment for the benefit of creditors or if involuntary proceedings under any such bankruptcy or insolvency law or for the dissolution
of Tenant shall be instituted against Tenant or a receiver or trustee shall be appointed for the Building or Demised Premises or for all or substantially all of the 

  

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property of Tenant, and such proceedings shall not be dismissed or such receivership or trusteeship vacated within sixty (60) days after such
institution or appointment. 
 ARTICLE XI 
  

	11.	LANDLORD’S REMEDIES. 

 11.1 Remedies
Generally. Upon the occurrence of any Default by Tenant, Landlord shall have the right, at Landlord’s election, then or at any time thereafter, to exercise any one or more of the following remedies: 
 11.2 Cure by Landlord. In the event of a Default by Tenant, Landlord may, at Landlord’s option, but without obligation to do so, and without
releasing Tenant from any obligations under this Lease, make any payment or take any action as Landlord may deem necessary or desirable to cure any such Default by Tenant in such manner and to such extent as Landlord may deem necessary or desirable,
including but not limited to, causing the Building or Demised Premises to be maintained in accordance with the provisions of the Paragraph 6.17 of this Lease entitled “Maintenance and Repair.” Landlord may do so without demand on, or
written notice to, Tenant and without giving Tenant an opportunity cure such Default by Tenant. Tenant covenants and agrees to pay Landlord, within ten (10) days after demand, all advances, costs and expenses of Landlord in connection with the
making of any such payment or the taking of any such action, including reasonable attorney’s fees, together with interest as hereinafter provided, from the date of payment of any such advances, costs and expenses by Landlord. Action taken by
Landlord may include commencing, appearing in, defending or otherwise participating in any action or proceeding and paying, purchasing, contesting or compromising any claim, right, encumbrance, charge or lien with respect to the Building or Demised
Premises which Landlord, in its discretion, may deem necessary or desirable to protect its interest in the Building or Demised Premises and under this Lease. 
 11.3 Termination of Lease and Damages. In the event of a Default by Tenant, in lieu of Landlord’s rights under Section 11.2, Landlord may terminate this Lease, effective at such time as may be
specified by written notice to Tenant, and demand (and, if such demand is refused, recover) lawful possession of the Building and Demised Premises from Tenant. Tenant shall remain liable to Landlord for the following: 
 (a) The worth, at the time of the award, of the unpaid rent that had been earned at the time of termination of this Lease; 
 (b) The worth, at the time of the award, of the amount by which the unpaid rent that would have been earned after the date of termination of this Lease
until the time of award exceeds the amount of the loss of rent which could have been reasonably avoided; 
 (c) The worth, at the time of the
award, of the amount by which the unpaid rent for the balance of the term after the time of award exceeds the amount of the loss of rent which could have been reasonably avoided; and 
 (d) Any other amount, and court costs, necessary to compensate Landlord for all detriment proximately caused by Tenant’s default. All re-leasing
fees, tenant improvement costs, court costs and any other amounts necessary to compensate Landlord for all detriment proximately caused by Tenant’s default. 
 “The worth, at the time of the award,” is to be computed by determining the net present value as of the time of the termination of this Lease, discounting future amounts by interest at an annual rate equal to the prime rate as
published in the Wall Street Journal (“Discount Rate”), as of the twenty-fifth (25th) day of the calendar month immediately preceding the Default by Tenant. 
 11.4 Repossession and Reletting. In the event of Default by Tenant, and termination by Landlord pursuant to Section 11.3, Landlord may
lawfully reenter and take possession of the Building and Demised Premises or any part thereof, without notice, and repossess the same and expel Tenant and any party claiming by, under or through Tenant, and remove the effects of both using such
lawful force for such purposes as may be necessary, without being liable for prosecution on account thereof or being deemed guilty of any manner of trespass, and without prejudice to any remedies for arrears of rent or rightly to bring any
proceeding for breach of covenants or conditions. No such reentry or taking possession of the Building or Demised Premises by Landlord shall be construed as an election by Landlord to terminate this Lease unless a written notice of such intention is
given to Tenant. No notice from Landlord hereunder or under a forcible entry and detainer statute or similar law shall constitute an election by Landlord to terminate this Lease unless such notice specifically so states. Landlord reserves the right,
following any reentry or reletting, to exercise its right to terminate this Lease by giving Tenant such written notice, in which event the Lease will terminate as specified in said notice. After recovering possession of the Building or Demised
Premises, Landlord shall use commercially reasonable efforts to mitigate damages and 

  

 15 

 
losses caused by Tenant, if any, and relet the Building or Demised Premises, or any part thereof, for the account of Tenant. Landlord may make such repairs,
alterations or improvements as Landlord may consider appropriate to accomplish from reletting, and Tenant shall reimburse Landlord upon demand for all costs and expense, including attorneys’ fees, which Landlord may incur in connection with
such reletting. Landlord may collect and receive the rent for such reletting but Landlord shall in no way be responsible or liable for any failure to rent the Demised Premise, or any party thereof, or for any failure to collect any rent due upon
such reletting. Notwithstanding Landlord’s recovery of possession of the Building or Demised Premises, Tenant shall continue to pay on the dates herein specified, the Base Rent, Additional Rent and other amounts that would be payable hereunder
if such repossession had not occurred. Upon the expiration or earlier termination of this Lease, Landlord shall refund to Tenant any amount, without interest, by which the amounts paid by Tenant, when added to the net amount, if any, recovered by
Landlord through any reletting of the Building or Demised Premises, exceeds the amounts payable by Tenant under this Lease. If, in connection with any reletting, the new lease term extends beyond the existing term, or the Building or Demised
Premises covered thereby include other premises not part of the Building or Demised Premises, a fair apportionment of the rent received from such reletting and the expenses incurred in connection therewith will be made in determining the net amount
recovered from such reletting. 
 11.5 Suits by Landlord. Actions or suits for the recovery of amounts and damages payable under this
Lease may be brought by Landlord from time to time, at Landlord’s election, and Landlord shall not be required to await the date upon which the Lease Term would have expired to bring any such action or suit. 
 11.6 Recovery of Landlord Enforcement Costs. All costs and expenses incurred by Landlord in connection with collecting any amounts and damages
owing by Tenant pursuant to the provisions of this Lease or to enforce any provision of this Lease, including without limitation reasonable attorneys’ fees, whether or not any action is commenced by or on behalf of Landlord, shall be paid by
Tenant to Landlord within thirty (30) days after receipt of Landlord’s demand therefor. 
 11.7 Intentionally deleted.

 11.8 Late Charge. If any installment of rent or any sum due from Tenant shall not be received by Landlord or Landlord’s
designee at the place designated by Landlord for payment within one (1) Business Day (as hereafter defined) after the same is due then Tenant shall be required to pay Landlord a late charge of five percent (5%) of the Base Rent. In the
event that Landlord fails to notify Tenant that it has incurred a late charge within six months after such late charge has been incurred, Landlord shall be deemed to have waived such late charge. The parties agree that the costs and damages Landlord
will incur by reason of the late payment by Tenant can not be precisely determined, that both parties have negotiated the provisions of this lease, and that the late charge payable hereunder represents a fair and reasonable estimate of the damage
and expense Landlord may suffer by virtue of Tenant’s payment default. Tenant acknowledges and understands Landlord’s charging or acceptance of such late charges does not constitute a waiver of Tenant’s default with respect to such
overdue amount, nor prevent Landlord from exercising any of the other rights and remedies granted herein, including cancellation and termination of Tenant’s Lease. For the purpose of this provision, a “Business Day” shall be each
Monday through Friday, inclusive, but shall not include any federally recognized banking holiday for New Years Day, Lincoln or Washington’s birthday, Christmas Day, Memorial Day, Independence Day, Labor Day, Columbus Day, Veteran’s Day or
Thanksgiving Day. Should any portion of the damages under this provision be deemed to be unenforceable, Landlord shall be entitled to collect from Tenant and Tenant shall be obligated to pay to Landlord, the maximum charge recoverable under
applicable law. 
 11.9 Interest Charge. If any installment of rent or any sum due from Tenant shall not be received by Landlord or
Landlord’s designee on the due date for payment, then Tenant shall pay to Landlord an interest charge of 12% per annum, calculated in advance at 1 % per month or the maximum rate authorized by law, whichever is less, in addition to
any late charges and other charges imposed and due under this Lease. The charging or acceptance of such interest by Landlord shall in no event constitute a waiver of Tenant’s default with respect to such overdue amount, nor prevent Landlord
from exercising any of its other rights and remedies granted hereunder. 
 ARTICLE XII 
  

	12.	SURRENDER AND HOLDING OVER. 

 12.1 Surrender Upon
Lease Expiration. Upon the expiration or earlier termination of this Lease, or on the date specified in any demand for possession by Landlord after any Default by Tenant, Tenant covenants and agrees to surrender possession of the Building or
Demised Premises to Landlord, in the same condition as when Tenant first occupied the Building or Demised Premises, ordinary wear and tear excepted. 
  

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 12.2 Holding Over. If Tenant shall hold over after the expiration of the Lease Term, without
written agreement providing otherwise, Tenant shall be deemed to be a tenant from month to month, at a monthly rental, payable in advance, equal to one hundred twenty-five percent (125%) of the Base Rent then being paid by Tenant, and Tenant
shall be bound by all of the other terms, covenants and agreements of the Lease. Nothing contained herein shall be construed to give Tenant the right to hold over at any time, and Landlord may exercise any and all remedies at law or in equity to
recover possession of the Building or Demised Premises, as well as any damages incurred by Landlord, by Tenant’s failure to vacate the Building and Demised Premises and deliver possession to Landlord as herein provided. 
 ARTICLE XIII 
  

	13.	DEFAULT BY LANDLORD; TENANT’S REMEDIES. 

 13.1
Default; Remedy. If Tenant believes Landlord has failed to perform any obligation required of it hereunder, including without limitation (i) the failure to timely deliver the Demised Premises to Tenant in accordance with the schedule set
forth herein, (ii) failure to provide Landlord’s Services, or (iii) pay any sum which Tenant in good faith believes Landlord is responsible to provide, perform or pay under this Lease, including providing services and making necessary
repairs, maintenance or replacements which are Landlord’s responsibility hereunder, Tenant shall provide Landlord with written notice thereof. If Landlord does not perform or provide the requested service or make such payment within ten
(10) days after receipt of Tenant’s notice, provided however, no such notice shall be required in the event of imminent danger to persons or property or in the event that there is a material adverse affect on the Tenant’s business,
Tenant shall have the right to provide, perform or pay the same at Landlord’s cost or to offset from the Base Rent and other amounts owing by Tenant hereunder, until Landlord has provided, performed or paid the same, an amount equal to the
diminution in value of the Demised Premises, as reasonably determined by Tenant, caused by Landlord’s failure to provide, perform or pay the same. If Tenant, after such notice, provides and performs such service or makes such payment and sends
to Landlord a written statement reflecting the reasonable costs for providing the same or the amount paid and Landlord fails to pay the same within ten (10) days after receipt of such notice, Tenant shall have the right to set off against the
Base Rent the reasonable costs incurred or paid by Tenant. Further, in addition to the foregoing, Tenant shall have the right to terminate this Lease if Landlord has not cured its default within thirty (30) days of receipt of notice from
Tenant. If the nature of Landlord’s default is such that more than thirty (30) days is reasonably required for its cure, Tenant shall not have the right to terminate the Lease if Landlord immediately commences cure of the breach within a
reasonable time period not to exceed thirty (30) days and thereafter diligently prosecutes such cure to completion. 
 13.2 Costs and
Expenses Recoverable. In the event an action or proceeding is maintained in any court in connection with Landlord’s failure to perform or provide as required of it hereunder, Tenant shall be entitled to recover its costs and expenses in
connection therewith, including reasonable attorneys fees, court costs and associated costs and expenses incurred at the trial level and at all levels of appeal, the amount thereof to be determined by the court in which the matter is maintained.

 ARTICLE XIV 
  

	14.	TENANT’S OPTIONS TO PURCHASE AND LEASE. 

 14.1
Tenant shall have the option to purchase the Demised Premises (the “Purchase Option”) at the end of the third year of the Lease; option must be exercised no later than thirty (30) days after the end of the third year. Tenant shall
provide Landlord with at least a six (6) month written notice of its intent to exercise this option to purchase. The purchase price shall be the Project Cost plus fifteen percent (15%). Upon receipt of written notice by Landlord of
Tenant’s exercise of this option, the parties shall proceed to close within a reasonable period of time. At Closing, Landlord shall convey to Tenant fee title to all improvements by means of a special warranty deed and a bill of sale and
assignment of the ground leasehold estate of Landlord in the Demised Premises and the parties shall execute any easement agreements reasonably required by Tenant granting Tenant access rights, independent utility services and all other rights so
that the Demised Premises shall comply with all applicable laws as a free standing facility. In addition, in the event that Landlord has acquired fee title to the land underlying the Demised Premises (the “Land”), Landlord shall convey the
same to Tenant. In the event that Landlord has not obtained fee title to the Land, Landlord shall obtain either fee title to the Land from its ground lessor or obtain a ground lease for only the Demised Premises for Tenant upon substantially the
same terms and conditions as Landlord’s ground lease from the fee owner. The parties shall close the sale of the Demised Premises by the projected Closing Date as specified in Tenant’s exercise notice or as soon thereafter as is reasonably
feasible. 
  

 17 

 14.2 Tenant shall have the option to purchase the Demised Premises at the end of the tenth year of the
Lease; option must be exercised no later than thirty (30) days after the end of the tenth year. Tenant shall provide Landlord with at least a twelve (12) month written notice of its intent to exercise this option to purchase. The purchase
price shall be an amount necessary to provide a fifteen percent (15%) annual internal rate of return (inclusive of cash distributions to the investors since the inception of the Lease) to the investors for each investment unit of Renaissance
Development, LLC. This rate of return shall be excluding any tax benefits and shall be based on total cash distributions received during the term of this Lease. Tenant also agrees to assume the debt which is subject to the first mortgage on the
Building. Upon receipt of written notice by Landlord of Tenant’s exercise of this option, the parties shall proceed to closing within a reasonable period of time. At Closing, Landlord shall convey to Tenant fee title to all improvements by
means of a special warranty deed and a bill of sale and assignment of the ground leasehold estate of Landlord in the Demised Premises and the parties shall execute any easement agreements reasonably required by Tenant granting Tenant access rights,
independent utility services and all other rights so that the Demised Premises shall comply with all applicable laws as a free standing facility. In addition, in the event that Landlord has acquired fee title to the land underlying the Demised
Premises (the “Land”), Landlord shall convey the same to Tenant. In the event that Landlord has not obtained fee title to the Land, Landlord shall obtain either fee title to the Land from its ground lessor or obtain a ground lease for only
the Demised Premises for Tenant upon substantially the same terms and conditions as Landlord’s ground lease from the fee owner. The parties shall close the sale of the Demised Premises by the projected Closing Date as specified in Tenant’s
exercise notice or as soon thereafter as is reasonably feasible. 
 14.3 Tenant shall have an ongoing right, during the Lease Term, to lease
the area shown on the site plan attached hereto and incorporated herein by this reference (the “Phase II Space”). Tenant shall provide Landlord with not less than six (6) months written notice of its desire to lease the Phase II
Space. Landlord shall immediately commence improving the Phase II Space in accordance with the terms and provisions hereof which were applicable to the Demised Premises. Upon completion of the Phase II Space, the Base Rent for the Phase II Space
shall be equal to the initial Base Rent for the Demised Premises and shall increase at the same rate as set forth herein for the Base Rent. Upon completion of the Phase II Space, Additional Rent shall be payable on the Phase II Space at the same
rate as is applicable to the Demised Premises and the term Demised Premises shall thereafter include the Phase II Space so leased. IF Tenant so elects, Landlord and Tenant shall execute and deliver an amendment to this Lease consistent with the
foregoing within fifteen (15) days after receipt of Tenant of the subject lease amendment in form and substance reasonably satisfactory to Tenant with a term equal to the Lease Term (subject to extension as provided herein). Notwithstanding the
preceding language of this paragraph, Landlord’s obligation to improve the Phase II Space shall be contingent upon the ability to obtain acceptable financing. 
 ARTICLE XV 
  

	15.	MISCELLANEOUS. 

 15.1 Tenant’s Remedies.
Tenant may bring a separate action against Landlord for any claim Tenant may have against Landlord under this Lease, provided Tenant shall first give written notice thereof to Landlord and Landlord shall have 30 days from receipt of that notice to
cure any such default, unless Landlord’s ability to cure is not within the exclusive control of Landlord, in which event Landlord’s right to cure shall be extended indefinitely. In no event will Landlord be responsible for any
consequential damages incurred by Tenant, including, but not limited to, loss of profits or interruption of business as a result of any default by Landlord. 
 15.2 Relationship of Landlord and Tenant. Nothing contained herein shall be deemed or construed as creating the relationship of principal and agent or of partnership or of joint venture by the parties hereto,
it being understood and agreed that no provision contained in this Lease nor any acts of the parties hereto shall be deemed to create any relationship other than the relationship of Landlord and Tenant. 
 15.3 Notices and Demands. All notices, demands, billings, consents or other instruments or communications provided for under this Lease shall be
in writing and shall be deemed properly given and received when actually given and received or three (3) business days after mailing, if sent by registered or certified mail, postage prepaid, addressed to the party to receive the notice at the
address set forth in Section 1 of the Summary Page(s) for Landlord, and for Tenant at “Alien Technology Corporation, Attention: General Counsel, 18220 Butterfield Blvd, Morgan Hill, California 95037” with a required copy addressed to
Alien Technology Corporation, Attention: Facilities Manager, at the Demised Premises, or at such other address as such party may notify the other of in writing. 
 15.4 No Implied Waiver. No failure by Landlord to insist upon the strict performance of any term, covenant or agreement contained in this Lease, nor failure by either party to exercise any right or remedy under
this Lease, and no acceptance of full or partial payment during the 

  

 18 

 
continuance of any Default by Tenant, shall constitute a waiver of any such term, covenant agreement, or waiver of any such rights or remedy, or a waiver of
any such Default by the non-defaulting party. 
 15.5 Entire Agreement — No Representation. This Lease, the Summary Page(s), and
any Exhibits referred to herein, constitutes the final and complete expression of the parties’ agreements with respect to the subject matter hereof. Each party agrees it has not relied upon or regarded as binding any prior agreements,
negotiations, representations, or understandings, whether oral or written, except as expressly set forth herein. Landlord and Tenant acknowledge and agree, except as otherwise may be specifically provided for herein, neither party has made any
representations’ warranties, nor agreements to or on behalf of the other party as to any matter concerning the Building and Building Common Facilities or Demised Premises of this Lease. 
 15.6 Modifications in Writing. No amendment or modification of this Lease, and no approvals, consents or waivers by either party under this Lease,
shall be valid or binding unless in writing and executed by the party to be bound thereby. 
 15.7 Severability. If any provision of
this Lease shall be found invalid, illegal or unenforceable, such finding shall not affect or impair the validity, legality or enforceability of any other provision of this Lease, and there shall be substituted for the affected provision, a valid
and enforceable provision as similar as possible to the affected provision. 
 15.8 Binding Effect. This Lease shall extend to and be
binding upon the heirs, personal representatives, successors and assigns of the respective parties hereto. The terms, covenants, agreements and conditions in this Lease shall be construed as covenants running with the land. 
 15.9 Time of the Essence. Time is of the essence under this Lease, and all provisions herein relating thereto shall be strictly construed.

 15.10 Real Estate Brokers. Each party covenants to pay, hold harmless and indemnify the other party from and against any and all
cost, expense or liability for any compensation, commissions, charges or claims by any broker or other agent with respect to this lease or the negotiation thereof contracted, employed or used by such party other than any broker listed as a
Participating Broker on the Summary Page(s). The Participating Broker shall be compensated by Landlord unless otherwise provided on the Summary Page(s). 
 15.11 Applicable Law. This Lease shall be interpreted and enforced according to the laws of the State of North Dakota. 
 15.12 Execution of Lease. The submission of this Lease to Tenant by Landlord for examination or execution by Tenant does not constitute a reservation of or option on the Building or Demised Premises or an
agreement of Landlord to lease the Building or Demised Premises to Tenant. This Lease shall become effective as a Lease, and Landlord shall become obligated hereunder only upon the delivery of this Lease fully executed by Landlord to Tenant. Tenant
does hereby represent and warrant that Tenant is duly organized, validly existing, and in good standing and has all requisite power and authority to own, lease, hold and operate properties and conduct business in the State of North Dakota.

 15.13 Net Lease. Except as otherwise expressly provided herein, Tenant’s use and occupancy of the Demised Premises shall be
free of any expenses or charges whatsoever to Landlord with respect to the Demised Premises, including but not limited to, all insurance premiums, all utility charges, all Taxes and other similar assessments, all restoration, repairs and
maintenance, and all other costs of, and with respect to, the Demised Premises. 
 15.14 No Personal Liability of Landlord.
Notwithstanding anything to the contrary contained in this Lease, it is specifically understood and agreed that there shall be absolutely no personal liability on the part of Landlord or any successor in interest of Landlord, or any partner,
stockholder, officer, director or trustee of Landlord or any successor in interest of Landlord, with respect to any of the terms, covenants and conditions of this Lease, and that Tenant shall look solely to the estate and interest of Landlord (or
such successor in interest of Landlord) in Technology Park II for the satisfaction of each and every remedy of Tenant in the event of any breach by Landlord or by such successor in interest of any of the terms, covenants and conditions of this Lease
to be performed by Landlord, such exculpation of personal liability to be absolute and without any exception whatsoever. 
  

 19 

 15.15 Captions for Convenience. The headings and captions hereof are for convenience only and
shall not be considered in interpreting the provisions hereof. 
 15.16 Recordation. Tenant shall be entitled to require the
recordation of a memorandum of this Lease, in the form set forth in Exhibit H. 
  

	Dated:	                    , 2004. 

  

			
	LANDLORD
	 Renaissance Development, LLC

		
	By:	 	 /s/ Art Rosenberg

		 	 Art Rosenberg, Its: President

  

					
	STATE OF NORTH DAKOTA	  	)	  	
		  	)	  	ss.
	COUNTY OF CASS	  	)	  	

 On this 16th day of December, 2004, before me personally appeared Art Rosenberg, known to me to be the person who is described in and who executed the foregoing
instrument, and acknowledged that he executed the same. 
  

					
			
	 [SEAL]
	 		 	 /s/ Laurie A Crimm

		 		 	 Notary Public

		 		 	 Cass County, North Dakota

		 		 	 My Commission Expires: July 18, 2006

 Dated: December 28, 2004 
  

			
	TENANT
		
	By:	 	 /s/ Stavro Prodromou

		 	 Stavro Prodromou, Its: CEO

  

					
	STATE OF CALIFORNIA	  	)	  	
		  	)	  	ss.
	COUNTY OF SANTA CLARA	  	)	  	

 On this 28th day of December, 2004, before me personally appeared Stavro
Prodromou, known to me to be the person who is described in and who executed the foregoing instrument, and acknowledged that he executed the same. 
  

					
			
	 [SEAL]
	 		 	 /s/ Michelle Ann Herlth

		 		 	 Notary Public

		 		 	 Santa Clara County, California

		 		 	 My Commission Expires: Feb 20, 2008

  

 20 

 EXHIBIT “A”  
 SITE PLAN 
  

 21 

 EXHIBIT “B” 
 46,320 sq. foot building and surrounding property consisting of 173,431 sq. feet in its entirety as depicted in the attached drawing. 
  

 22 

 EXHIBIT “C”  
 INTENTIONALLY DELETED 
  

 23 

 EXHIBIT “D”  
 INTENTIONALLY DELETED 
  

 24 

 EXHIBIT “E” 
 PROVISIONS FOR COMPLETION OF BUILDING AND 
 BUILDING, BUILDING COMMON FACILITIES OR
DEMISED PREMISES IMPROVEMENTS 
 This Exhibit is attached to and constitutes a part of that certain lease of even date herewith (“Lease”)
between Landlord and Tenant. If there is any inconsistency between the provisions of this Exhibit and the other provisions of the Lease, the provisions of this Exhibit shall control. 
 Section 1. General. Except as the context otherwise requires and unless otherwise expressly provided herein, the capitalized terms in this
Exhibit to the Lease shall have the same meaning as any similarly capitalized terms defined in the Lease or in any Exhibit attached hereto. 
 Subject to the limitations below, Renaissance will immediately proceed with development efforts towards completion of the Building. Renaissance will obtain Alien’s prior approval for each major milestone and prior to making any
commitment in excess of $25,000 (collectively “Approved Program Expenses”). Additionally, Renaissance will at all time maintain a current summary of funds spent as part of Approved Program Expenses and will provide it to Alien upon
request. Within ten days after execution of the Lease Agreement, Alien will advance $150,000 (the “Good Faith Deposit”) to Renaissance as a good faith deposit. The Good Faith Deposit will be refunded to Alien within ten (10) days
after Alien taking possession of the completed Building or, in the event Alien exercises its rights under Section 4, credited against amounts owing by Alien (subject to refund for any excess uncredited amounts). Alien may, at its sole
discretion, elect for such $150,000 to be converted from the Good Faith Deposit to the Security Deposit required pursuant to Section 4.13 of the Lease. If Alien unreasonably withholds approval of either the preliminary or final plans and the
Lease is terminated as a result of such failure, Alien shall pay a termination fee of $150,000 (and in such event the Good Faith Deposit will be credited against such termination fee). 
 Section 2. Preliminary Plans. Within thirty (30) days after the execution of the Lease, Landlord, at its cost, shall prepare and
deliver to Tenant for its approval two (2) copies of preliminary plans and specifications for the construction of an office, warehouse and manufacturing facility and all other related improvements, including without limitation, grading, paved
drive-ways and parking areas, and landscaping, on the real property that is a part of the Demised Premises, Building and Building Common Facilities, and the Technology Park II Common Area. Within thirty (30) days following receipt of the
preliminary plans and specifications, Tenant shall deliver to Landlord its specific objections to the preliminary plans and specifications, together with its proposed solution to each objection. If Tenant fails to either approve or disapprove the
preliminary plans and specifications with the thirty (30) day period, Tenant shall be deemed to have rejected the preliminary plans and specifications. In the event this Lease terminates, for any reason, prior to the Commencement Date, upon
Tenant’s election, Landlord agrees to assign, and hereby does assign, to Tenant all of Landlord’s right, title and interest in and to the preliminary plans and specifications and all agreements relating thereto, provided that Tenant agrees
to pay to the party providing any such preliminary plans and specifications any then outstanding amounts owing for such preliminary plans and specifications. 
 If the parties are unable to resolve Tenant’s objections to the preliminary plans and specifications within thirty (30) days following the date Landlord has received Tenant’s objections, either party
thereafter may terminate this Lease immediately by giving written notice to the other party. In the event the Landlord elects to terminate, the Good Faith Deposit will be refunded to Alien within ten (10) days following such termination.

 Section 3. Final Plans. Within thirty (30) days after the preliminary plans and specifications have been approved
by Landlord and Tenant, Landlord, at its sole cost, shall prepare and deliver to Tenant two (2) copies of final plans and specifications and working drawings (the “Final Plans”) (based on the approved preliminary plans and
specifications) covering the construction of the office, warehouse and manufacturing facility and other improvements that are a part of the Demised Premises, Building and Building Common Facilities, and the Technology Park II Common Area, prior to
submitting the Final Plans for governmental permits and approvals. Within thirty (30) days following receipt of the Final Plans, Tenant shall deliver to Landlord its reasonable, specific objections to the Final Plans, together with its proposed
solution to each objection. Landlord shall resolve these objections within thirty (30) days upon receipt of the objections. Landlord shall obtain approval of the Final Plans from all appropriate government agencies, and after they have been
approved, a copy of the Final Plans shall be initialed and dated by the parties. Landlord shall have ninety (90) days from the date the Final Plans are completed and delivered to Tenant in which to obtain all required and necessary governmental
Building permits and approvals. If all such permits and approvals are not obtained within the ninety (90) day period, Tenant shall have the right to terminate this Lease by giving written notice to Landlord and, provided Landlord has used its
best efforts to obtain such permits and approvals, Landlord shall also have the right to terminate as set forth herein. In the event the Landlord terminates following using its best efforts to obtain such permits and approvals, the Good Faith
Deposit will be refunded to Alien within ten (10) days following such termination. 
  

 25 

 Alien has the right to terminate the Lease Agreement upon written notice delivered to Renaissance not
later than June 30, 2005. In the event Alien terminates, Alien shall simultaneously elect to reimburse to Renaissance an amount equal to the Approved Program Expenses incurred by Renaissance to date, plus interest and a termination fee of
$150,000 if the Lease Agreement is terminated prior to January 1, 2005, and $200,000 if terminated after January 1, 2005. Upon payment, at Alien’s election, Renaissance will transfer its right, title and interest in and to
(i) equipment, plans (including without limitation architectural plans, site work plans and similar), materials, data and other information obtained as part of the Approved Program Expenses, or whole or in part as elected by Alien, and/or
(ii) Renaissance’s ground lease in and to the Building the Property such that Alien assumes Renaissance position with respect to the development work, the ground lease and that portion of Technology Park II applicable to Alien. The Lease
Agreement shall terminate and neither party shall have any additional obligations hereunder. In each event of Alien termination under this paragraph, the Good Faith Deposit will be credited against such termination fee, if any. 
 Alien will have the right to determine the schedule for delivery of the preapproved completed project. Subject to Alien’s rights in Section 4,
Alien will make its final determination not later than July 1, 2005 with final delivery scheduled for not later than June 30, 2006. 
 Section 4. Landlord’s Commitment to Construct Building. Following expiration of Tenant’s right to terminate pursuant to Section 3 of this Exhibit, Landlord covenants and agrees to cause to be constructed,
in accordance with the approved Final Plans, in a good and workmanlike manner using new material of first class quality and in compliance with all laws, ordinances, codes and statutes applicable to such construction (“Landlord’s Building
Standards”), the Demised Premises, Building and Building Common Areas substantially in accordance with the Final Plans. 
 Section 5. Substantial Completion. For purposes of this Lease, the term “Substantial Completion” shall be deemed to mean: 
 (1) Landlord and Tenant mutually agree that the initial tenant improvements to be constructed by Landlord (“Landlord’s Work”) have been completed so that Tenant can use and occupy the Building, Building
Common Facilities or Demised Premises for its intended purpose without any unreasonable or material interference to Tenant conducting its ordinary business activities; 
 (2) The only incomplete items of Landlord’s Work are minor or insubstantial details of construction, such as mechanical adjustments or finishing touches like touch-up plastering or painting as identified on a
punch list; 
 (3) Landlord has secured a permanent certificate of occupancy or the equivalent, as required by all appropriate governmental
authority having jurisdiction over the Building, permitting the Building, Building Common Facilities or Demised Premises to be occupied by Tenant in accordance with all applicable laws; 
 (4) Tenant, its employees, agents and invitees, having ready access to and egress from the Building and Building, Building Common Facilities or Demised
Premises through the common areas, clean, free of most construction equipment and materials and in good working order; 
 (5) All major
building systems, including the electrical, heating, ventilation and air conditioning systems, plumbing, utilities, and elevators serving the Building, Building Common Facilities or Demised Premises are installed and are in good working order and
condition; and 
 (6) The Building or Demised Premises are broom clean. 
 Section 6. Commencement Date. At the time commencement date is established, the parties shall promptly execute the written instrument
attached to this agreement as Exhibit I, stipulating a commencement date and expiration date of the term of this Lease. 
 Section 7. Change Orders. If, following Tenant’s approval of the Final Plans, Tenant shall request any change, addition or alteration in the approved Project Plans (“Change Orders”), Landlord shall promptly
give Tenant a written estimate of the cost of engineering and design services to prepare revised Project Plans in accordance with such request and the time delay expected because of such request, if any. If Tenant, in writing, approves such written
estimate, Landlord shall have revised Final Plans prepared and the cost thereof shall be included in the cost subject to inclusion in the Base Rent. Promptly upon the completion of such revised Final Plans, Landlord shall notify Tenant in writing of
the increased costs, if any, by reason of such Change Order. Tenant shall within three (3) business days notify Landlord in writing whether it desires to proceed with such Change Order. Unless otherwise agreed by Landlord in its sole
discretion, if Substantial Completion of the Final Plans is delayed by such Change Order, the Lease Commencement Date shall not be advanced but the date of Substantial Completion shall be delayed by a number of days equal to the number of days of
such delay. 
  

 26 

 Section 8. Tenant Delays. If Tenant requests any portion of the work to be performed
by Landlord be delayed, Tenant shall pay all costs and any expense occasioned by such delay including, without limitation, any costs and expenses attributable to increase in labor or materials. If the Substantial Completion of the Tenant Finish is
delayed by Tenant’s request, the Commencement Date shall not be advanced and rents and other charges will commence as originally stated. 
  

 27 

 EXHIBIT “F” 
 INTENTIONALLY DELETED 
  

 28 

 EXHIBIT “G” 
 AMENDMENTS TO LEASE 
 1. 
 2. 
 3. 
 4. 
 5. 
 6. 
  

 29 

 EXHIBIT “H” 
 MEMORANDUM OF LEASE 
 THIS MEMORANDUM OF LEASE is entered into as of the
                     day of
                                , 200    , between
Renaissance Development, LLC, a North Dakota limited liability company (“Landlord”, and Alien Technology Corporation, a Delaware corporation (“Tenant”). 
 RECITALS 
  

	 	A.	Landlord and Tenant have entered into a certain Lease dated as of
                    , 2004 (the “Lease”), whereby Landlord agreed to lease to Tenant certain real property known as
                                        
    , Fargo, North Dakota, and being more particularly described on Exhibit 1 attached hereto, and certain improvements to be constructed thereon by Landlord (collectively the “Premises”). 

 

	 	B.	The parties wish to give notice of the existence of such Lease. 

 AGREEMENTS 
 In consideration of the Recitals and the following mutual agreements, the parties agree as follows: 

 

	 	1.	Landlord and Tenant entered into the Lease to construct certain improvements and to lease and demise the Premises. 

  

	 	2.	The term of the Lease is for a period of approximately 10 years, commencing on approximately
                         [June 1, 2004] and ending on approximately
                     [March 31, 2025], and is subject to extension at Tenant’s option for a period of approximately 10 additional years.

  

	 	3.	The Lease includes the right for Tenant to purchase from Landlord the improvements constructed on the Premises and acquire Landlord’s interest in the real property described in
Exhibit 1 and any ground leases relating thereto. 

  

	 	4.	This Memorandum of Lease has been executed and delivered by the parties for the purpose of recording and giving notice that a contractual relationship for the leasing of the
Premises has been created between Landlord and Tenant in accordance with the terms, covenants and conditions of the Lease. 

  

	 	5.	The terms and conditions of the Lease are incorporated by reference into this Memorandum of Lease as if set forth fully herein. 

  

 30 

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

									
	LANDLORD:	 		 	TENANT:
			
	RENAISSANCE DEVELOPMENT, LLC	 		 	ALIEN TECHNOLOGY CORPORATION
					
	By:	 	  	 		 	 By:
	 	  
					
	 Its:
	 	  	 		 	 Its:
	 	  

  

					
	STATE OF NORTH DAKOTA	  	)	  	
		  		  	 ) ss.

	COUNTY OF CASS	  	)	  	

 The foregoing instrument was acknowledged before me this
                     day of
                    , 200    , by
                                 the
                         of Renaissance Development, LLC, a North Dakota limited liability company, on behalf of the
limited liability company. 
  

					
	 [SEAL]
	 		 	   
		 		 	 Notary Public

		 		 	 My commission expires:
                                

  

					
	STATE OF CALIFORNIA        )	  		  	
		  		  	) ss.
	COUNTY OF SANTA CLARA	  		  	)

 The foregoing instrument was acknowledged before me this
                         day of
                        , 200    , by
                         the
                             of Alien Technology Corporation, a Delaware corporation, on behalf of the
corporation. 
  

					
	 [SEAL]
	 		 	   
		 		 	 Notary Public

		 		 	 My commission expires:
                                

  

 31 

 EXHIBIT 1 
 LEGAL DESCRIPTION 
 Lot 2, Block 1, NDSU Research & Technology Park Second Addition to the City of Fargo, Cass County, North Dakota. 
  

 32 

 EXHIBIT “I” 
 CERTIFICATE OF COMMENCEMENT AND EXPIRATION 
 Pursuant to the requirements of Exhibit E, Paragraph 9, this
Agreement is made this                      day of
                    , 2004, by and between Renaissance Development, LLC (hereinafter called “Landlord”), and Alien Technology, Inc.
(hereinafter called “Tenant”). 
 WITNESSETH: 
 WHEREAS, Landlord and Tenant entered into a Lease Agreement (the “Lease”) dated                     
relating to certain office premises located at
                                        
                    , Fargo, North Dakota 58103; and 
 WHEREAS the term of the Lease has commenced, pursuant to Section 4 of the Summary Page(s); and 
 NOW,
THEREFORE, in consideration of the mutual covenants herein contained, Landlord and Tenant agree as follows: 
  

	 	1.	The Commencement Date of the Lease is
                                        .

  

	 	2.	Tenant’s obligation to pay rent under the Lease commenced on
                                        .

  

	 	3.	The Expiration Date of the Lease is
                                        .

  

	 	4.	The execution of this Agreement shall not constitute the exercise by Tenant of any option it may have to extend the term of the Lease. 

  

	 	5.	The Lease is in full force and effect and is hereby ratified and confirmed. 

  

	Dated:	                    , 200  .

  

			
	LANDLORD
	RENAISSANCE DEVELOPMENT, LLC
		
	By:	 	  
		 	 Art Rosenberg, Its: President

  

	Dated:	                    , 200_. 

  

			
	TENANT
	ALIEN TECHNOLOGY CORPORATION
		
	By:	 	  
		 	                     , Its:
                                       
 

  

 33 

 EXHIBIT “J” 
 NON-DISTURBANCE AGREEMENT 
 THIS NON-DISTURBANCE AGREEMENT is entered into as of the
             day of                     , 200_, between NDSU
Research & Technology Park, Inc., a North Dakota non-profit corporation (“Master Landlord”), and Alien Technology Corporation, a Delaware corporation (“Tenant”). 
 WHEREAS, Master Landlord is the ground tenant of unimproved real property located in the NDSU Research & Technology Park II, City of Fargo,
County of Cass and State of North Dakota, a portion of which includes that certain real property known as
                                        ,
Fargo, North Dakota, more particularly described on Exhibit 1 attached hereto (the “Premises”). 
 WHEREAS, Master Landlord has
entered into that certain Ground Lease with Renaissance Development LLC (“Landlord”) dated                      (“Ground
Lease”) for the purpose of Landlord constructing certain improvements on the Premises and to lease and demise the Premises to Alien Technology Corporation, a Delaware corporation (“Tenant”), pursuant to that certain Lease Agreement
between Landlord and Tenant dated                     . 
 WHEREAS, a copy of the Lease Agreement has been delivered to Master Landlord, the receipt of which is hereby acknowledged; and 
 WHEREAS, the parties hereto desire to provide for the non-disturbance of Tenant by Master Landlord. 
 NOW, THEREFORE, in
consideration of the premises and of the mutual covenants and agreements herein contained and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto, intending to be legally bound
hereby, agree as follows: 
 1. Master Landlord hereby consents to and approves the Lease Agreement. 
 2. Master Landlord agrees, that so long as the Lease Agreement shall be in full force and effect or in the event Tenant exercises its right to purchase
Landlord’s interest in and to the Premises and any improvements thereon pursuant to the terms of the Lease Agreement, and so long as neither Landlord nor Tenant is in default under the Ground Lease beyond applicable cure periods, the possession
by Tenant of the Premises and the Tenant’s rights thereto shall not be disturbed, affected or impaired by (i) any suit, action or proceedings upon any underlying ground lease, mortgage, bond or note or other obligation secured thereby, or
for the foreclosure of the any underlying ground lease, mortgage, bond or note or other obligation secured thereby or the enforcement of any rights under any underlying ground lease, mortgage, bond or note or other obligation secured thereby or any
other documents held by the Master Landlord, or by any judicial sale or execution or other sale of the Premises or by any deed given in lieu of foreclosure, or by the exercise of any other rights given to the Master Landlord by any other documents
or as a matter of law, or (ii) any default by Master Landlord under any underlying ground lease, mortgage, bond or note or other obligation secured thereby. 
 3. Master Landlord hereby acknowledges and agrees that all fixtures, equipment and inventory whether owned by Tenant, any subtenant, any other party whatsoever or leased by Tenant from a lessor/owner (hereinafter
called the “Equipment Lessor”) installed in or located on the Premises, regardless of the manner or mode of attachment, shall be and remain the property of Tenant, such subtenant, any such other party or Equipment Lessor, as applicable,
and may be removed by Tenant or such other party or Equipment Lessor at any time. In no event (including a default under the Lease Agreement or any underlying ground lease, mortgage, bond or note or other obligation secured thereby) shall Master
Landlord have any liens, rights or claims in Tenant’s, such third party’s or Equipment Lessor’s fixtures, equipment or inventory, whether or not all or any part thereof shall be deemed fixtures; and Master Landlord expressly waives
all rights of levy, distraint or execution with respect to said fixtures, equipment and inventory. Master Landlord agrees to execute and deliver to Tenant, such third party and Equipment Lessor, within ten (10) days after request therefor, any
document required by Tenant, such third party or Equipment Lessor in order to evidence the foregoing. Notwithstanding anything in this Section 3 to the contrary, fixtures or equipment related to the operation of the improvements on the Premises
(e.g. mechanical and electrical systems), as opposed to those related solely to the operation of Tenant’s business, shall not be removed from the Premises and upon termination of the Ground Lease shall become the property of the Master
Landlord. 
 4. If the Tenant exercise and consummates its right to purchase Landlord’s interest in and to the Premises and any
improvements thereon pursuant to the terms of the Lease Agreement, the Ground Lease shall 

 
continue in full force and effect, without necessity for executing any new lease, as a direct lease between Tenant, as tenant thereunder, and the Master
Landlord, as landlord thereunder, upon all of the same terms, covenants and provisions contained in the Ground Lease, and in such event: 
 (a) Tenant shall be bound to such new owner under the terms, covenants and provisions of the Ground Lease for the remainder of the term thereof (including any renewal periods, if Tenant elects or has elected to
exercise its options to extend the term) and Tenant hereby agrees to attorn to the Master Landlord and to recognize such Master Landlord as landlord under the Ground Lease; and 
 (b) Such Master Landlord shall be bound to Tenant under all of the terms, covenants and provisions of the Lease for the remainder of the
terms thereof (including any renewal periods, if Tenant elects or has elected to exercise its options to extend the term) which terms, covenants and provisions such Master Landlord hereby agrees to assume and perform. 
 5. If the Master Landlord shall become the owner of the Premises by reason of foreclosure of the Ground Lease for any reason, including without
limitation Landlord’s default thereunder, or if the Premises shall be sold as a result of any action or proceeding to foreclose the Ground Lease or by a deed given in lieu of foreclosure, the Lease shall continue in full force and effect,
without necessity for executing any new lease, as a direct lease between Tenant, as tenant thereunder, and the then owner of the Premises, as landlord thereunder, upon all of the same terms, covenants and provisions contained in the Lease Agreement,
and in such event: 
 (a) Tenant shall be bound to such new owner under the terms, covenants and provisions of the Lease
Agreement for the remainder of the term thereof (including any renewal periods, if Tenant elects or has elected to exercise its options to extend the term) and Tenant hereby agrees to attorn to such new owner and to recognize such new owner as
landlord under the Lease Agreement; and 
 (b) So long as Landlord has constructed all improvements Landlord is required to
construct under the Lease Agreement, and so long as Tenant is not in default under the Lease Agreement, such new owner shall be bound to Tenant under all of the terms, covenants and provisions of the Lease for the remainder of the terms thereof
(including any renewal periods, if Tenant elects or has elected to exercise its options to extend the term, and rights of Tenant to acquire interest to the Premises and improvements thereon) which terms, covenants and provisions such new owner
hereby agrees to assume and perform. 
 6. Any notices or communications given under this Agreement shall be in writing and shall be given by
registered or certified mail, return receipt requested, postage prepaid, or overnight delivery service or personal delivery (a) if to Master Landlord, at the address of Master Landlord as hereinabove set forth or at such other address as Master
Landlord may designate by notice, or (b) if to Tenant, then one copy to the attention of General Manager at the Premises and one copy to “Alien Technology Corporation, Attn: Legal Department, 18220 Butterfield Blvd., Morgan Hill,
California 95037” or at such other address as Tenant may designate by notice. Notices shall be deemed given when received (at any time) or when delivery is first attempted (during normal office business hours), whichever first occurs.

 7. This Agreement shall bind and inure to the benefit of and be enforceable by the parties hereto and their respective heirs, personal
representatives, successors and assigns. This Agreement contains the entire agreement between the parties and cannot be changed, modified, waived or canceled except by an agreement in writing executed by the party against whom enforcement of such
modification, change, waiver or cancellations is sought. This Agreement and the covenants herein contained are intended to run with and bind all lands affected thereby. 
 IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of the day and year first above written. 
  

									
	MASTER LANDLORD:	 		 	TENANT:
			
	NDSU RESEARCH & TECHNOLOGY PARK, INC.	 		 	ALIEN TECHNOLOGY CORPORATION
					
	By:	 	  	 		 	 By:
	 	  
					
	 Its:
	 	  	 		 	 Its:
	 	  

					
	STATE OF NORTH DAKOTA	  	)	  	
		  		  	 ) ss.

	COUNTY OF CASS	  	)	  	

 The foregoing instrument was acknowledged before me this
                     day of
                    , 200    , by
                             the
                             of Renaissance Development, LLC, a North Dakota limited liability
company, on behalf of the limited liability company. 
  

									
				
	 [SEAL]
	 		 		 	  
		 		 		 		 	 Notary Public

		 		 		 		 	My commission expires:                    

  

					
	STATE OF CALIFORNIA        )	  		  	
		  	)	  	ss.
	COUNTY OF SANTA CLARA	  	)	  	

 The foregoing instrument was acknowledged before me this
                     day of
                    , 200    , by
                             the
                             of Alien Technology Corporation, a Delaware corporation, on behalf of the
corporation. 
  

									
				
	 [SEAL]
	 		 		 	  
		 		 		 		 	 Notary Public

		 		 		 		 	My commission expires:                    

  

 36 

 EXHIBIT 1 
 LEGAL DESCRIPTION 
 Lot 2, Block 1, NDSU Research & Technology Park Second Addition to the City of Fargo, Cass County, North Dakota. 
  

 37Agreement between the registrant and Impinj, Inc., dated June 10, 2005

 Exhibit 10.36 
 CONFIDENTIAL INFORMATION REQUESTED BY ALIEN TECHNOLOGY CORP. 
 FIRST AMENDMENT TO AGREEMENT

 This FIRST AMENDMENT TO AGREEMENT (the “First Amendment”) is made and effective as of September 29, 2005, by and
between Alien Technology Corporation, a Delaware corporation (“Alien”) and Impinj, Inc., a Delaware corporation (“Impinj”) under the following circumstances: 
 A. On June 10, 2005, Alien and Impinj entered into an Agreement (“Agreement”) for the supply of Gen 2 Specification compliant RFID tag
silicon integrated circuits (“Monza”); and 
 B. Alien and Impinj desire to modify the terms of the Agreement on such terms and
conditions as are set forth in this First Amendment. 
 NOW THEREFORE, in consideration of the premises and for other good and valuable
consideration, the receipt and sufficiency of which hereby are expressly acknowledged, the Parties agree as follows: 
 1. Any words with an
initial capitalized letter in this Amendment not defined in this First Amendment shall have the meaning given to such words in the Agreement. Terms defined in this First Amendment that are not defined in the Agreement shall have the meaning given to
such term herein. 
 2. Without waiving rights or obligations under the Agreement, the parties acknowledge that the Product Acceptance Date
is September 29, 2005. Alien shall pay Impinj the Pre-Paid Amount not later than seven (7) days following the effective date of this First Amendment. 
 3. With respect to the Pre-Paid Amount, Impinj’s estimated NRE fees for the development of Monza-FSA, in lieu of the first two sentences of Section 6(e) of the Agreement, will be [***] split into three
categories: 
 (a) Wafer and mask charges ([***]) 
 As a consequence of (a) above, Impinj will incur expenses of approximately [***] for mask charges and to procure the preliminary 6 wafers from 2 separate engineering lots for Impinj evaluation of Monza-FSA.

 (b) Labor charges ([***]) 
 Impinj will use commercially reasonable efforts to keep Labor charges (b, above) less than [***], provided however that the Labor charges to Alien shall in no event exceed [***]. These charges will cover labor hours related to design,
layout, test engineering and evaluation of Monza-FSA. Costs above [***] for (b) above need to be mutually agreed to before being incurred by Impinj. 
  

	***	Confidential treatment requested pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with
the Commission. 

 CONFIDENTIAL TREATMENT REQUESTED BY ALIEN TECHNOLOGY CORP. 
  

 (c) Delivery of six Monza-FSA wafers to Alien ([***]) 
 Per section 3(c) above, Impinj will make available 6 additional wafers of Monza-FSA to Alien for the purposes of determining suitability for the FSA
process. 
 All other Monza-FSA wafers purchased by Alien will not be considered as a portion of the NRE fees (defined in sections (5.(a).iii.1) and
(6.e) of the Agreement. 
 Impinj will meet the following schedule: 
  

					
	  	  	 Milestone
	  	 Date

	 (i)
	  	 Start Monza 1A layout for FSA
	  	 [***] (target date).

	 (ii)
	  	 Tapeout of Monza-FSA
	  	 [***] (target date).

	 (iii)
	  	 Engineering silicon samples
	  	 [***] (target date).

	 (iv)
	  	 Production
	  	 UponAlien acceptance & release, but not later than [***].

 All of the provisions of the Agreement not specifically amended as set forth in this First
Amendment remain in full force and effect. Except as expressly set forth herein, nothing in this First Amendment shall be construed to constitute a waiver by Impinj or Alien of any provision of the Agreement. This First Amendment along with the
Agreement (including the exhibits thereto) contain the entire agreement between the parties with respect to the subject matter of this First Amendment and the Agreement and supersede all previous communications, representations, understandings and
agreements, either oral or written, between the parties with respect to said subject matter. This First Amendment may be executed in counterparts, each of which when so executed will be deemed an original and such counterparts together will
constitute one and the same agreement. 
  

									
	Alien Technology Corporation	 		 	Impinj, Inc.
					
	 By: 
	 	 /s/ John Payne
	 		 	 By: 
	 	 /s/ William T. Colleran

			
	 Print Name:  John Payne
	 		 	 Print Name:  William T. Colleran

			
	 Title:  Chief Operating Officer
	 		 	 Title:  President

  

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	***	Confidential treatment requested pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with
the Commission. 

 CONFIDENTIAL TREATMENT REQUESTED BY ALIEN TECHNOLOGY CORP. 
  

 Agreement 
 This agreement (the “Agreement”) is entered into as of June 10, 2005 (the “Effective Date”) by and between Impinj, Inc., a Delaware corporation with its principal place of business
located at 501 N. 34th Street, Suite 100, Seattle, WA 98103 (“Impinj”), and Alien Technology Corporation, a Delaware corporation with its principal place of business located at 18220 Butterfield Blvd., Morgan Hill, CA 95037
(“Alien”) (each a “party” and collectively the “parties”). 
 Recitals 

Impinj desires to sell to Alien, and Alien desires to purchase from Impinj, Impinj’s initial implementation of EPCglobal’s Gen 2
Specification compliant RFID tag silicon integrated circuit (“Monza”) and/or certain future versions of Monza, as set forth below; 
 The parties desire that Alien place an immediate order of 24 risk wafers of Monza, Alien commit to a prepayment in the amount of [***], Alien commit to a minimum purchase amount of [***] units of Product, and that Impinj perform its
obligations and deliver the deliverables required of it hereunder so that Alien may assemble RFID straps, inlay and/or label products using wafers supplied by Impinj hereunder, all as set forth below; 
 In consideration of the mutual promises contained herein, the parties agree as follows: 
 Agreement 
  

	1.	Definitions. The following terms shall have the following meanings: 

 “Confidential Information” means any information disclosed by one party to the other in connection with the performance of this Agreement, including Intellectual Property and other information that
relates to the disclosing party’s products, designs, business plans, business opportunities, finances, research, development, know-how, personnel, or third-party confidential information disclosed to the receiving party by the disclosing party
in any form whatsoever (including, but limited to, disclosure made in writing, orally or in the form of samples, models, computer programs or otherwise), and the terms and conditions of this Agreement, provided that such information is at the time
of disclosure either designated as “confidential”, “proprietary,” or similar legend or reasonably should be known to the receiving party to be confidential. Confidential Information does and will not include material that:
(i) is now or subsequently becomes generally available to the public or is disclosed to third parties without restriction on its use or disclosure; (ii) the receiving party had rightfully in its possession prior to disclosure by the
disclosing party; (iii) is developed independently by or for the receiving party without the use of any Confidential Information of the disclosing party; (iv) the receiving party rightfully obtains without restriction from a third party
who has the right to transfer or disclose it; or (v) is disclosed with the prior written approval of the disclosing party. 
  

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	***	Confidential treatment requested pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with
the Commission. 

 CONFIDENTIAL TREATMENT REQUESTED BY ALIEN TECHNOLOGY CORP. 
  

 “Assembled Parts” means a Product included as a component of an Alien strap, inlay
or finished label that is intended for shipment to Alien’s customer. 
 “EPCglobal” means EPCglobal Inc., and its
successors and assigns. 
 “Epidemic Failure” means a series of failures (i) indicating a common or systemic Product
failure related to the same or similar root cause, (ii) equal to or in excess of [***] of the total number of Assembled Parts during any rolling [***] month period; and (iii) resulting in the failure of Products to meet the Limited
Product Warranty, (iv) during the Limited Warranty Period. 
 “FSA Intellectual Property” has the meaning set forth in
Section 2(c). 
 “Gen2 Specification” means any Class 1, Generation 2 specification that is ratified by
EPCglobal’s Board of Governors. 
 “Intellectual Property” means all circuit designs, hardware description language
coding, software (including firmware), simulation models, schematics, layout topologies, cells, libraries, data, formulas, designs, software, other original works of authorship, applications, processes, products, know-how, techniques, programs,
improvements, test protocols, test structures, characterization and test results, methods and patterns, specifications and other technical information, whether or not patentable or otherwise protectable. 
 “Intellectual Property Rights” means all copyright rights, patent rights (including reissues, divisions, renewals, extensions,
provisionals, continuations and continuations-in-part thereof, and equivalent or similar rights anywhere in the world in inventions and discoveries), trademark rights, trade secret rights, moral rights, rights of publicity, authors’ rights,
semiconductor mask work rights, contract and licensing rights, goodwill and all other intellectual property rights as may exist now and/or hereafter come into existence and all applications therefor and registrations, renewals and extensions
thereof, regardless of whether such rights arise under the law of the United States or any other state, country, jurisdiction or international treaty. 
 “KGD” shall mean the known good die on a Product wafer. For Monza and Monza-2 wafers, the number of known good die will be determined as measured by Impinj during Testing of the Product in wafer form.
For Monza-FSA, the number of known good die will be determined by Impinj via the Sample Testing Procedure. 
 “Limited Product
Warranty” shall have the meaning set forth in Section 9(a)(i). 
 “Limited Warranty Period” shall mean
one (1) year from the date that Products are received by Alien. 
 “Minimum Purchase Amount” shall have the meaning set
forth in Section 4(a). 
 “Monza” shall have the meaning set forth in the Recitals. 
  

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the Commission. 

 CONFIDENTIAL TREATMENT REQUESTED BY ALIEN TECHNOLOGY CORP. 
  

 “Monza Specifications” shall have the meaning set forth in
Section 2(a)(i). 
 “Monza-2” shall have the meaning set forth in Section 2(b). 
 “Monza-2 Specifications” shall have the meaning set forth in Section 2(b). 
 “Monza-FSA” shall have the meaning set forth in Section 2(c). 
 “Monza-FSA Specifications” shall have the meaning set forth in Section 2(c). 
 “NRE” means non-recurring engineering. 
 “Order” shall have the meaning set forth in Section 8(a)(i). 
 “Pre-Paid Amount” shall have the meaning set forth in Section 5(a)(i). 
 “Product”
means Monza, Monza-2, and/or Monza-FSA, as applicable. 
 “Product Acceptance” shall have the meaning set forth in
Section 2(a). 
 “Product Acceptance Date” shall have the meaning set forth in Section 2(a).

 “Specifications” means either the Monza Specifications, Monza-2 Specifications or Monza-FSA Specifications. 

“Risk Wafers” shall have the meaning set forth in Section 3(a). 
 “Sample Testing Procedure” shall mean a process by which Impinj tests up to 200 die on a Monza-FSA wafer and extrapolates to determine
the number of good die on the entire wafer. A detailed definition of this process will be determined mutually at a later date. 
 “Testing” means those test procedures for Products as set forth in Exhibit B. 
 “Walmart” means
Wal-Mart Stores, Inc. 
  

	2.	Evaluation, Development and Product Specifications. 

 (a) Monza. 
 (i) Specifications. The Monza Specifications, including performance specifications,
current as of the Effective Date are set forth in Impinj’s documentation provided to Alien on or about May 18, 2005 (“Monza Specifications”), and attached hereto as Exhibit A. Monza shall perform in accordance with the
performance specifications included as part of the Monza Specifications. Impinj shall update the Monza Specifications from time to time as conditions warrant and to conform with the updates to the Gen2 Specification with the consent of 

  

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the Commission. 

 CONFIDENTIAL TREATMENT REQUESTED BY ALIEN TECHNOLOGY CORP. 
  

 
Alien, which consent shall not be unreasonably withheld. When used in this Agreement, Monza Specifications refers to the most recent version agreed to by the
parties. 
 (ii) Product Acceptance. Impinj shall submit Monza to certify its compliance with the Gen2 Specification
according to procedures established by EPCglobal and, at its sole cost and expense, Impinj shall revise and resubmit Monza until such time as EPCglobal or one of its designated third party compliance laboratories certifies Monza as compliant with
the Gen2 Specification; provided however, that if after three (3) such submissions, Monza is not certified, the parties will discuss in good faith next steps to obtain certification for Monza, if obtainable, and Impinj shall not have further
obligation to submit Monza to EPCglobal. Any version of Monza that: (1) is certified by EPCglobal or one of its designated third party compliance laboratories as compliant with a Gen2 Specification; (2) implements a version of the Gen2
Specification that Walmart indicates it will accept; and (3) materially complies with the Monza Specifications, shall be deemed accepted hereunder (the “Product Acceptance”). The latter of the dates that: (1) a version of Monza
is certified as compliant with a Gen2 Specification in accordance with above; (2) Walmart first publicizes or otherwise indicates its intent to accept products compliant with such version of the Gen2 Specification; and (3) Testing for
Monza is completed, and Monza materially complies with the Monza Specifications, shall be the “Product Acceptance Date.” If, for any reason, Walmart publicizes or otherwise indicates its intent to no longer accept the version of the Gen2
Specification with which the Monza Specification is compliant, then (i) Impinj shall immediately notify Alien, (ii) Alien shall have the right to cancel any outstanding Orders in accordance with this Agreement, and thereafter
(iii) Alien shall have the right to terminate this Agreement. 
 (iii) Samples of Monza-Based Straps or Inlays.
Within eight (8) weeks of delivery of the first Risk Wafer (as described in Section 3(b)), Alien shall produce and deliver to Impinj at least one thousand (1,000) known good straps or inlays incorporating Monza die from such
Risk Wafer. Each party shall evaluate the performance of such straps or inlays within two (2) weeks of delivery to Impinj. The parties shall share the results of such performance evaluation. Such results shall be deemed Confidential Information
of both parties. Each party agrees not to distribute to any third party or otherwise allow any third party to sample any Alien-assembled strap or inlay incorporating any Monza die arising from the first Risk Wafer (as described in
Section 3(b)) without the prior written consent of the other party. 
 (b) Monza-2. Impinj may develop a cost-reduced
version of Monza (“Monza-2”) provided that Impinj shall have no obligation to develop, release or sell Monza-2. If Impinj decides to develop, release or sell Monza-2, the specifications for Monza-2 shall be as set forth by Impinj
(“Monza-2 Specifications”). The sensitivity acceptance specification defined in Note 4 of the Monza Specification shall be reevaluated in light of the experience gained with Monza wafers. If it is evident that typical performance of
Monza is better than is reflected in the Specification, the acceptance specification for Monza-2 will be shifted toward more sensitivity, by mutual agreement of the parties. Provided that Alien is not in breach of this Agreement, Impinj will provide
Alien with early access and beta versions of Monza-2 and metal variants of Monza-2 no later than it provides access to other Impinj customers. 
  

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 CONFIDENTIAL TREATMENT REQUESTED BY ALIEN TECHNOLOGY CORP. 
  

 (c) Monza-FSA. Following receipt of the applicable NRE fees set forth herein, Impinj agrees to
use commercially reasonable efforts to develop a customized Monza product that is compatible with Alien’s patented “Fluidic Self Assembly” process (“Monza-FSA”); provided that Alien provides such information and
assistance as is reasonably requested by Impinj. Alien acknowledges and agrees that such development efforts may be unsuccessful and Impinj shall have no obligation to release or sell Monza-FSA. The specifications of the Monza-FSA (if and when
available) shall be as mutually agreed to by the parties in writing (“Monza-FSA Specifications”). The sensitivity acceptance specification defined in Note 4 of the Monza Specification shall be reevaluated in light of the experience
gained with Monza wafers. If it is evident that typical performance of Monza is higher than is reflected in the Specification, the acceptance specification for Monza-FSA will be shifted toward more sensitivity, by mutual agreement of the parties.
Monza-FSA Specifications may include a test structure that will allow Impinj to use its standard test procedures to determine wafer yields on a sampling basis (i.e., wafers to include test structures built into reticles for Impinj to test prior to
sending to Alien). For those portions of the Monza-FSA that are Alien’s Intellectual Property as defined under Section 10(c) (“FSA Intellectual Property”), such FSA Intellectual Property shall be and remain Alien
Confidential Information. Impinj shall have no right to sell, license, transfer or otherwise distribute the FSA Intellectual Property. 
  

	3.	Risk Wafers. 

 (a) Definition. All orders by
Alien or deliveries by Impinj of Monza wafers shall be deemed “Risk Wafers” until Impinj provides written notice that it is releasing Monza into production. 
 (b) Initial Delivery of Risk Wafer. On or prior to June 30, 2005, Impinj shall deliver to Alien without charge or other expense one
(1) Risk Wafer along with one thousand (1,000) assembled Monza tags and one hundred (100) Monza die in waffle pack. 
 (c)
First Order and Delivery of Risk Wafers. On May 20, 2005, Alien issued a non-cancelable Order for [***] Risk Wafers (“Risk Wafer Order”). Impinj acknowledges receipt of the Risk Wafer Order. The schedule delivery date of
such Risk Wafers shall be twelve (12) weeks from May 20, 2005. For purposes of clarification, the single Risk Wafer delivered to Alien pursuant to Section 3(b) shall not be included within such [***] Risk Wafer Order. Except
for the restrictions of Section 2(a)(iii), nothing contained herein shall prevent Alien from selling or otherwise distributing straps, inlays, or labels built using the Risk Wafers purchased under this Section 3(c) to Alien’s
resellers and end customers. 
 (d) AS-IS Without Warranty. Alien acknowledges and agrees that all Risk Wafers are sold “AS
IS” without any warranty of any kind. 
  

	4.	Minimum Purchase Requirements. 

 (a) Total
Minimum Purchase Amount. During the term of this Agreement, subject to Impinj’s compliance with its material obligations and liabilities hereunder, Alien shall purchase a minimum of fifty million (50,000,000) units of Product
(“Minimum Purchase Amount”). Such minimum may 

  

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the Commission. 

 CONFIDENTIAL TREATMENT REQUESTED BY ALIEN TECHNOLOGY CORP. 
  

 
comprise any combination of units of Monza, Monza-2 and Monza-FSA, subject to Alien’s discretion and, in the case of Monza-2 and Monza-FSA, availability
from Impinj. Alien acknowledges that the Risk Wafer specified in Section 3(b) shall not be counted towards the Minimum Purchase Amount. Risk Wafers specified in Section 3(c) shall be counted towards the Minimum Purchase
Amount. In addition, the parties agree that the determination of the number of units of Product on a single wafer for purposes of accounting for the Minimum Purchase Amount shall be the number of KGD on that wafer. 
 (b) Timing of Minimum Purchase Amount. 
 (i) Subject to Section 4(d), Alien shall issue non-cancelable Orders for the Minimum Purchase Amount by July 1, 2006 and receive delivery of the same by October 1, 2006. 
 (ii) Subject to Section 4(d), Alien shall issue non-cancelable Orders and receive delivery for: (1) at least eight
million units (8 Mu) of Product by January 1, 2006; and (2) at least an additional twelve million units (12Mu) by April 1, 2006. Alien acknowledges and agrees that it shall place such Orders prior to the applicable Lead Times. 
 (c) Order Increments. Alien acknowledges and agrees that Impinj delivers Monza and Monza-2 in whole wafer increments. Alien acknowledges and
agrees that the yield of a particular wafer may vary and as such, the number of KGD on each wafer may vary. As such, in order to meet Alien’s Minimum Purchase Amount, Alien may be required to order up to an additional fifty thousand (50,000)
units of Monza or Monza-2 Product. Alien acknowledges and agrees that Impinj delivers Monza-FSA in whole lot increments, consisting of twenty-five (25) wafers. Alien acknowledges and agrees that the yield of a particular lot may vary. As such,
in order to meet Alien’s Minimum Purchase Amount, Alien may be required to order up to an additional twenty-five (25) wafer lot of Monza-FSA. 
 (d) Timing of Product Acceptance. In the event that the Product Acceptance Date does not occur by September 1, 2005, the delivery dates set forth in Section 4(b) shall be extended one day for
each day that the Product Acceptance Date is after September 1, 2005. For purpose of illustration, if the Product Acceptance Date occurs on September 21, 2005, each of the delivery dates set forth in Section 4(b) shall be
extended by twenty (20) days. 
  

	5.	Payments. 

 (a) Prepayments. 
 (i) Amount. Subject to Section 5(a)(ii), Alien shall pay Impinj a non-refundable five-hundred thousand dollars ($500,000)
(“Pre-Paid Amount”) as a prepayment for certain amounts due under this Agreement. 
 (ii) Timing.
Alien shall pay Impinj the Pre-Paid Amount the later of (1) seven (7) days following the Product Acceptance Date and (2) September 1, 2005; provided however that in the event the Product Acceptance date does not occur by
December 31, 2005 and Alien 

  

 8 

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the Commission. 

 CONFIDENTIAL TREATMENT REQUESTED BY ALIEN TECHNOLOGY CORP. 
  

 
terminates this Agreement pursuant to Section 13(b)(i), Alien shall have no obligation to pay the Pre-Paid Amount. 
 (iii) Allocation. 
 (1) NRE Fees for Development of Monza-FSA. The parties agree that the Pre-Paid Amount shall be used to fully satisfy the NRE fees due to Impinj for the development of Monza-FSA pursuant to
Section 6(e). 
 (2) Credit for Product Purchases In Excess of Forty Million Units. The parties agree that
the amount of the Pre-Paid Amount remaining after Alien has paid Impinj the applicable NRE fees due under Section 6(e) (i.e., $400,000 if the NRE fees are $100,000 or $300,000 if the NRE fees are $200,000) (the “Credit
Amount”) may be used as a credit against purchases of production orders of (i) Monza or Monza-2 versions of the Product in excess of the first forty million units (40 Mu) of production versions of Product ordered by Alien pursuant to
this Agreement, and (ii) Monza-FSA versions of the Product commencing on the initial production versions of Product ordered by Alien pursuant to this Agreement. The Credit Amount shall be credited against such purchases at a rate of $0.02 per
KGD. The Credit Amount must be used by Alien within six (6) months of the date Alien purchases its forty millionth unit of production Product. If Alien fails to fully use the Credit Amount by such date, Alien shall not be entitled to the
benefit of any remaining amount of the Credit Amount. 
 (b) Payment Terms. Alien shall pay Impinj all invoiced amounts net thirty
(30) days from the date of Alien’s receipt of each invoice. All payments due under this Agreement shall be made in US dollars by check or bank wire transfer to an account designated by Impinj. Without prejudice to any other remedy, in the
event any amount is not paid by Alien when due, following ten (10) business days written notice by Impinj to Alien during such time Alien having the right to cure, Impinj may assess, and Alien agrees to pay, a late charge of the lesser of one
and one quarter percent (1.25%) per month or the maximum percentage allowed by law for each month or portion thereof that the amount is past due. 
 (c) Taxes. Amounts payable to Impinj under this Agreement are payable in full to Impinj without deduction and are net of taxes (including any sales, use, excise, ad valorem, property, withholding, value added
tax, or other tax and any income tax withheld at source), tariff, duty or assessment levied or imposed by any government authority that may be applicable to the transactions contemplated by this Agreement based on delivery terms set forth in
Section 8(b), exclusive of taxes based on Impinj’s net income and any taxes (including those set forth above in this paragraph) prior to delivery to Alien. 
  

	6.	Fees and Prices. 

 (a) Risk Wafers. The price
of each Risk Wafer ordered by Alien pursuant to Section 3(c) shall be three thousand nine hundred sixty dollars ($3,960) per wafer. The total purchase price of the first order of Risk Wafers shall be ninety-five thousand forty dollars
($95,040). Additional risk wafers ordered (excluding Section 6(c)) will be priced in accordance with Section 6(b). 
  

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 (b) Prices of Product Purchased to Meet the Minimum Purchase Amount. 
 (i) Monza. For Monza Product that is purchased to meet the Minimum Purchase Amount, the unit price for each Monza KGD shall be
$0.076 subject to offset by the Credit Amount applicable to each unit. For purposes of clarification, Alien shall only be required to pay for each KGD on Monza wafers. As such, any non-KGD on any Monza wafer may not be used to satisfy any part of
the Minimum Purchase Amount. 
 (ii) Monza-2. For Monza-2 Product (if and when available) that is purchased to meet the
Minimum Purchase Amount, the unit price for each Monza-2 KGD shall be $0.076 multiplied by the ratio of the number of die on a Monza wafer over the number of die on a Monza-2 wafer (unless a lower unit price is mutually agreed by the parties in
writing) subject to offset by the Credit Amount applicable to each unit. For purposes of illustration, if the number of die on a Monza-2 wafer is 30% larger than the number of die on a Monza wafer, the unit price for each Monza-2 KGD shall be $0,076
* (1.0/1.3). For purposes of clarification, Alien shall only be required to pay for each KGD on Monza-2 wafers. As such, any non-KGD on any Monza-2 wafer may not be used to satisfy any part of the Minimum Purchase Amount. 
 (iii) Monza-FSA. For Monza-FSA Product (if and when available) that is purchased to meet the Minimum Purchase Amount, the unit
price for each Monza-FSA wafer shall be two thousand one hundred dollars ($2,100) (“MW Price”) subject to certain price adjustments as described below in this Section 6(b)(iii); provided, that Monza-FSA is available from Impinj in
production quantities prior to July 1, 2006. Additionally, in the event Monza-FSA wafer yields are less than the Minimum FSA Yield, then the MW Price shall be decreased to reflect the actual percentage yield below the Minimum FSA Yield. Commencing
with Impinj’s first shipment of production versions of Monza-FSA, the Minimum FSA Yield shall be eighty-five percent (85%), and shall increase by two percent (2%) for each Monza-FSA lot accepted by Alien thereafter up to a maximum of
ninety-five percent (95%). For Monza-FSA wafers whose yield is lower than the Minimum FSA Yield, Impinj will offer a price discount from the MW Price equal to the percentage difference between the actual yield of the wafer and the Minimum FSA Yield.
For purposes of clarification, in the event a wafer from the third lot of Monza-FSA shipped by Impinj has a yield of eighty-five percent (85%), then Alien will be entitled to a six percent (6%) discount from the MW Price for that wafer (6% discount
equals 91% Minimum FSA Yield less 85% actual wafer yield). Monza-FSA wafer yields will be set by the Sample Testing Procedure. 
 (c)
Prices of Product Purchased In Excess of the Minimum Purchase Amount. If Alien commits to purchase an annual volume of Products in excess of fifty million units (in addition to the Minimum Purchase Amount) under the terms and conditions of
this Agreement, Impinj agrees that the purchase prices for such Products shall be no higher than the prices set forth in Section 6(b). 
 (d) Most Favored Customer. During the term of this Agreement, Impinj agrees that if Impinj sells Products to a third party in similar volumes (within 20%) over similar time frames under pricing and other purchase terms and
conditions, taken as a whole, that are more favorable than the pricing and other purchase terms and conditions contained herein, this Agreement and any outstanding Orders shall be deemed automatically adjusted in pricing and other purchase terms and
conditions to reflect such more favorable pricing and other purchase terms and conditions. Impinj warrants that the terms and conditions reflected herein are equivalent or better than the most favorable pricing and other purchase terms and
conditions for Monza that it has provided any third party purchasing in similar volumes over similar time frames. 
 (e) NRE Fees for
Development of Monza-FSA. Alien shall pay Impinj one hundred thousand dollars as NRE fees in consideration of Impinj’s development efforts set forth in 

  

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Section 2(c). The NRE fees may be increased to two hundred thousand dollars ($200,000) if mutually agreed to in writing by the parties. For
purposes of clarification, the NRE fee in this Section 6(e) is the same (and not in addition to) the NRE referenced elsewhere in this Agreement. 
  

	7.	Forecasts; Lead Times; Delivery Requirements. 

 (a)
Forecasts. Within the first ten (10) days of the beginning of each calendar month, Alien shall provide Impinj with a written twelve (12) month rolling forecast, updated monthly setting forth Alien’s estimated monthly
requirements for Products. The first [***] of such forecast shall be binding (subject to rescheduling, cancellation and other provisions hereof), and Alien shall issue non-cancelable Orders within the applicable Lead Times to cover such period. The
remaining [***] of such forecast shall be non-binding; provided, however, Alien may, in its discretion, issue non-cancelable Orders to cover such period. 
 (b) Lead Times. Alien acknowledges that the lead times for the Products in production quantities (“Lead Times”) are currently [***] for Monza and expected to be [***] for Monza-2 (if and when
available) and Monza-FSA (if and when available). Lead Times are associated with wafer processing alone and do not contemplate back end processing functions such as bumping, thinning, scribing, etc. Impinj shall provide Alien prompt written notice
if the Lead Times change. 
 (c) Delivery Requirements. 
 (i) Order Increments. Alien acknowledges and agrees that delivery of all Products shall be in accordance with Section 4(c).

 (ii) Yield of Product Wafers. Impinj acknowledges and agrees that it will not ship Monza or Monza-2 wafers to Alien
that have a yield less than [***], except as may be agreed upon by the parties in writing with price reductions as set forth below. Impinj acknowledges and agrees that it will not ship Monza-FSA wafers to Alien that have a yield less than [***],
except as may be agreed upon by the parties in writing with appropriate price reductions as set forth in Section 6(b)(iii), such yield to be determined in a manner to be mutually agreed to by the parties. For Monza-FSA, if Impinj fails to
deliver an Order within four (4) days of the scheduled delivery date, and Impinj has inventory of wafers with yield less than [***], Impinj will offer those wafers for sale to Alien with appropriate price reductions as set forth in
Section 6(b)(iii). For Monza and Monza-2, if Impinj fails to deliver an Order within four (4) days of the scheduled delivery date, and Impinj has inventory of wafers with yield less than [***], Impinj will offer a price discount equal to
the percentage difference between the actual yield of the wafer and [***]. For example, if Impinj sells a wafer to Alien with [***] yield, Alien will be entitled to a [***] discount on the KGD price which has been set in accordance with
Section 6(b). 
 (iii) Form of Monza and Monza-2 Wafers. The production versions of Monza and Monza-2 wafers
delivered to Alien shall not be bumped, thinned or otherwise post-processed. Such wafers shall be initialized (i.e., Impinj will program a valid electronic product 

  

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code into the appropriate 96-bit memory field of Monza or Monza-2 die) and provided with wafer maps that identify the KGD. 
 (iv) Form of Monza-FSA Wafers. The production versions of Monza-FSA wafers delivered to Alien shall pass standard process control
monitor (“PCM”) tests at Impinj’s foundry and such additional testing and initialization processes as agreed by the parties in the course of developing Monza-FSA. Impinj shall, at a minimum, sample test such wafers but Impinj shall
not be required to bump, thin or otherwise post-process such wafers. Any additional testing or initialization procedures shall be as mutually agreed in writing during the development of Monza-FSA. 
 (v) Performance of Monza and Monza-2 wafers. The wafers that Impinj provides to Alien will have no less sensitivity than those it
sells to others or uses for its own production. 
  

	8.	Order Process; Shipping and Title; Acceptance of Shipments. 

 (a) Order Process. 
 (i) All purchases and sales between Impinj and Alien hereunder shall be initiated by
Alien’s issuance of written purchase orders (“Orders”) to Impinj. All Orders shall include the following: (1) purchase order number; (2) Product number, description and price (by line item); (3) billing address;
(4) shipping address; (5) requested shipment date; (6) authorized signature; and (7) such other information as Impinj may reasonably request. 
 (ii) Impinj agrees to acknowledge Alien’s Orders in writing, or electronically where an electronic data interchange procedure has
been agreed to by the parties, within five (5) working days of receipt. If Impinj is unable to accept any purchase order, Impinj shall give Alien a written explanation. Impinj may not reject or amend any Order that conforms to the terms and
conditions of this Agreement, unless such Order is required to be reduced by allocation under Section 8(b)(iii). 
 (iii)
This Agreement shall govern all orders of Products by Alien. No terms on Orders, invoices or like documents by either party shall serve to alter or add to the terms of this Agreement unless agreed to and signed by both parties in writing.

 (iv) Without Impinj’s prior written consent and except as provided expressly herein, Alien shall have no right to make
any modifications or additions to any Order that has been accepted by Impinj. 
 (v) No later than sixty (60) days prior
to the shipping date, Alien may reschedule any Order for delivery up to thirty (30) days after the original shipping date without charge or penalty. Less than sixty (60) days prior to the shipping date, Alien may only reschedule an Order
with the consent of Impinj. 
  

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 (vi) Alien may cancel an Order at any time upon written notice to Impinj; provided,
however, that Alien pays to Impinj the amounts described in this section. Alien will be liable to pay to Impinj any penalties or cancellation fees charged to Impinj by Impinj’s suppliers as a direct consequence of Alien’s cancellation of
the Purchase Order, less any amounts charged for materials that are refundable (collectively, the “Cancellation Fee”). Notwithstanding the foregoing, unless expressly agreed to the contrary in writing by the parties at the time that the
Order is accepted, the Cancellation Fee may not exceed the total invoice value of the Order. Impinj will use its commercially reasonable efforts to minimize, and will perform any commercially reasonable acts necessary to mitigate, any applicable
Cancellation Fees. Upon receipt of notice of cancellation, Impinj will notify Alien within ten (10) business days of the precise amount of the Cancellation Fee, and Alien will have the right to either (1) withdraw its notice of
cancellation and require Impinj to continue to fulfill the Purchase Order; or (2) confirm the cancellation and pay the Cancellation Fee. Failure by Alien to notify Impinj of withdrawal of its notice of cancellation within five (5) business
days after receiving from Impinj the precise amount of the Cancellation Fee will be deemed confirmation of cancellation by Alien. Upon confirmation of any cancellation and receipt from Impinj of an invoice for a Cancellation Fee, Alien will pay the
full Cancellation Fee to Impinj in accordance with the terms of Section 5(b). Notwithstanding the foregoing, Alien may cancel any Order without the obligation to pay any cancellation fee if Impinj fails to deliver Products within thirty
(30) days after the scheduled shipping date. Except as set forth in Section 8(b)(ii), Orders cancelled prior to shipment will not apply towards the Minimum Purchase Amount. 
 (vii) In the event of a suspected Epidemic Failure, Alien shall promptly notify Impinj, and shall provide the following information, if
known and as may then exist: a description of the defect, and the suspected lot numbers, serial numbers or other identifiers, and delivery dates of the defective Products. Alien shall also make available to Impinj samples of the defective Products
for testing and analysis. Within five (5) business days of receipt of notice from Alien, Impinj shall provide its preliminary findings regarding the cause of the failures. Thereafter, Impinj shall promptly provide the results of its root cause
corrective analysis, its proposed plan for the identification of and the repair or replacement of the affected Products, and such other appropriate or desirable information as Alien may reasonably request. The parties shall also cooperate to
expeditiously devise and implement a corrective action program which identifies the defective units for repair or replacement, and which minimizes disruption to Alien’s customers. 
 (b) Shipping and Title. Delivery is FOB Impinj’s facilities (currently in Orange County, CA) (the “Delivery Point”). Title
to, and risk of loss of, the Products shall pass to Alien upon delivery by Impinj to Alien’s designated carrier at the Delivery Point. 
 (i) Impinj will handle and pack all Products so as to protect the Products from loss or damage in transit, in a manner consistent with standard commercial practice and approved by Alien. Subject to Sections 8(b)(ii)
and 8(b)(iii) below, Impinj will endeavor to ship the Impinj Products on or before the shipping date. 
 (ii) In the event of
any delays that cause the shipment to ship four (4) days or more after the scheduled shipping date, and without limiting Alien’s other rights and remedies 

  

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hereunder, Impinj shall immediately notify Alien of such delay and shall use its commercially reasonable efforts to remedy such delay immediately. In the
event of such delay, Alien may cancel the Order; provided however that the KGD for such shipment shall apply to the Minimum Purchase Amount (or in the event the KGD for such shipment is not known, then the amount attributable to the Minimum Purchase
Amount shall be an amount equal to the average KGD determined over the most recent wafer lot received by Alien). If not cancelled by Alien, Impinj shall use expedited means to ship the Products, at its own expense, to minimize any further delay.

 (iii) If a supplier to Impinj has inadequate capacity to timely fulfill both Alien’s Orders for Products and
Impinj’s other requirements for Impinj Products (including Impinj’s own use of Products), then, without limiting any of Alien’s other rights and remedies, Impinj will allocate the available capacity in a manner that proportionally
reflects Alien’s orders for Products during the previous ninety (90) days. For example, if during the previous ninety days, Alien accounted for sixty percent (60%) of the total production of Impinj Products, then in the event of
inadequate supplier capacity, Impinj will allocate sixty percent (60%) of the available capacity to meet Alien’s requirements for Products. Impinj will work with Alien in good faith to resolve any customer difficulties that may arise
during a period of inadequate capacity, and the parties may mutually agree upon an allocation formula that differs from that set forth above in order to meet urgent Alien requirements. 
 (iv) Impinj will obtain the written consent of Alien prior to implementing any changes to the form, fit, or function of the Products,
which consent may be withheld by Alien in its sole discretion. If Alien elects to withhold such consent, Impinj may implement such changes, but will continue to make available the unchanged variants of the Products to Alien. 
 (c) Acceptance of Shipments. Alien shall give notice to Impinj (and the carrier where appropriate) of discrepancies between Product ordered and
delivered, and of damage to the Product within eleven (11) business days of delivery to the Delivery Point. Lacking such notice, Alien shall be deemed to have received the Product as invoiced, provided however that receipt shall not mean
Acceptance. Alien shall accept (“Acceptance” or “Accepted”) or reject Products included in each shipment within sixty (60) days from delivery. If Alien fails to notify Impinj in writing of its rejection and the reasons
thereof within such time period, Alien will be deemed to have Accepted such shipment. Product may be returned to Impinj only after prior notification and subsequent authorization upon receipt of a return material authorization number issued by
Impinj, provided however that the Acceptance period shall be extended on a day by day basis to the extent Impinj fails to timely provide return authorization. No credit allowances for defective Product will be made or replacements therefore shipped
until Impinj’s examination of the Products shall disclose that such alleged deficiencies actually exist and were not caused by any die cutting, assembly process, post-processing of any Product after delivery (including without limitation
Alien’s “Fluidic Self Assembly” process), accident, misuse, neglect, alteration, improper installation, unauthorized repair or improper testing that was not authorized or directed by Impinj. Acceptance of Product shall not modify or
otherwise change the applicable Product warranties, and Acceptance shall not constitute a waiver of such Product warranties. 
  

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	9.	Limited Product Warranty. 

 (a) Limited Product
Warranty. Following release of Products into production, Impinj warrants as follows: 
 (i) that such Products supplied to Alien hereunder
shall materially conform to the applicable Specifications of such Product and shall be free from defects in materials and workmanship, (the “Limited Product Warranty”) during the Limited Warranty Period. For purposes of
clarification, the foregoing Limited Product Warranty shall not be applied to any Risk Wafers, engineering wafers or any Products labeled as beta or evaluation versions; 
 (ii) that Products will be new, and free and clear of all liens, encumbrances, security interests, and other claims; 
 (iii) that to Impinj’s knowledge, the Products will not infringe or misappropriate any Intellectual Property Rights of any third party; and 
 (iv) that Impinj has the right and power to enter into this Agreement and grant to Alien the rights set forth herein. 
 (b) Alien’s sole remedy in relation to the warranties under Section 9(a) shall be that: Impinj shall replace, refund or credit, at Impinj’s sole discretion, Alien’s account for any such
Products which are returned by Alien during the warranty period set forth above, (provided that for the last Order under this Agreement, if such Products cannot be replaced, Impinj shall refund amounts to Alien) provided that: 
 (i) Impinj is promptly notified in writing upon discovery by Alien that such Products failed to conform to this Agreement with an explanation of any
alleged deficiencies, 
 (ii) if: 
 (x) still in Alien’s custody then Impinj may require that Alien return such Product, at Impinj’s request; or 
 (y) not
still in Alien’s custody but provided that Alien has agreed to repair, replace or provide a refund/credit to Alien’s customer, then Alien shall have no obligation to return Product outside its custody, and 
 (iii) Impinj’s examination of the Products shall disclose that such alleged deficiencies actually exist and were not caused by any die cutting,
assembly process, post-processing of any Product after delivery (including without limitation Alien’s “Fluidic Self Assembly” process), accident, misuse, neglect, alteration, improper installation, unauthorized repair or improper
testing, that was not otherwise approved or directed by Impinj. Impinj shall be responsible for all costs associated with shipping replacement Products to Alien (Duty Delivery Paid) Alien’s designated location. 
  

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 (c) DISCLAIMER. THE LIMITED WARRANTIES SET FORTH IN THIS SECTION 9 ARE IN LIEU OF
ALL CONDITIONS OR WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, INCLUDING BUT NOT LIMITED TO, ANY IMPLIED CONDITION OR WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE AND OF ANY OTHER WARRANTY OBLIGATION ON THE PART OF IMPINJ.

  

	10.	Restrictions; Intellectual Property Rights. 

 (a)
Restrictions. Alien agrees not to: (i) sell or otherwise distribute to any third party any Product in wafer, die (except as packaged in a strap, inlay, tag, label or similar) or raw silicon form; (ii) use any Monza or Monza-2 die
that is not marked as KGD (and Alien agrees to destroy all such non-KGD die); (iii) reverse engineer or otherwise attempt to gain access to logic, structure or design of any Product; (iv) modify or create derivative works of any Product
(except as part of Alien’s FSA process); (v) use any Product in any products or systems for which errors, bugs or malfunctions could cause personal injury or death, property or environmental damage, including without limitation, medical
life support systems (which for the purposes of this Agreement shall exclude pharmaceutical or hospital patient tracking applications), on-line control of aircraft, air traffic, air navigation or aircraft communications or in the design or operation
of any nuclear facility; or (vi) cause or grant permission to any third party to do any of the foregoing. 
 (b) Monza and
Monza-2. Impinj owns and shall retain all Intellectual Property Rights in and to Monza and Monza-2. Improvements, modifications or enhancements to Intellectual Property shall be as set forth in the Intellectual Property Agreement between the
parties, dated May 5, 2005. 
 (c) Third party Infringement. Impinj shall notify Alien in the event Impinj receives or becomes
aware of any notice of any claim, suit or proceeding alleging that Monza infringes any third party Intellectual Property Rights. Alien shall notify Impinj in the event Alien receives or becomes aware of any notice of any claim, suit or proceeding
alleging that FSA Intellectual Property or Alien’s technology used to assemble Monza chips infringes any third party Intellectual Property Rights. 
 (d) Monza-FSA. Ownership of and licenses to Intellectual Property and Intellectual Property Rights shall be as set forth in the Intellectual Property Agreement between the parties, dated May 5, 2005.

 (e) Reservation of Rights. Each party reserves all rights not expressly granted in this Agreement, and no licenses are granted by
either party to the other party under this Agreement, whether by implication, estoppel or otherwise, except as expressly set forth herein. 
 (f) Covenant of Further Assurances. Each party shall, without demanding any further consideration therefor, at the request and expense of the requesting party take all such actions and execute all such documents as reasonably
requested by the other party, in order to effect the intent of this Section 10. 
  

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	11.	Confidentiality; Press Releases. 

 (a) Duty to
Maintain Confidentiality. Each party agrees to accept Confidential Information from the other party solely for use in connection with performance of its obligations and exercise of its rights granted under this Agreement and that for a period of
five (5) years from the date of disclosure it will hold in strict confidence and not disclose, publish, or disseminate such Confidential Information to anyone other than those of its employees and subcontractors with a need to know and who have
executed appropriate confidentiality agreements, nor use Confidential Information for its own or any third party’s benefit, without the prior written approval of an authorized representative of the originating party. The receiving party will
protect Confidential Information of the disclosing party from disclosure, publication, dissemination and unauthorized use with the same degree of care the receiving party uses to protect its own confidential and proprietary information of similar
nature, but in no event less than a reasonable degree of care. Notwithstanding the foregoing, and subject to the restrictions in Section 2(a)(iii), in no event shall Alien be prevented from distributing information about its products that
include Products purchased hereunder provided that such information does not include Confidential Information of Impinj. 
 (b)
Exceptions. The receiving party may disclose Confidential Information if required by operation of law or any tribunal of competent jurisdiction, provided that it will take reasonable steps to first give the originating party sufficient prior
notice to contest the order to disclose, and must cooperate with the originating party in any efforts by the originating party to obtain a protective order or other confidential treatment. The parties shall have the right to disclose the terms of
this Agreement to attorneys, government agencies, financial advisors and potential investors and acquirers (of the party or the party’s relevant foundry, division, or product line), subject to reasonable confidentiality provisions which are no
less restrictive than those provided for herein. 
 (c) Injunctive Relief. The parties acknowledge that any breach or threatened
breach of the obligations of confidentiality contained in this Section 11 may cause substantial harm to the non-breaching party that may not be reasonably or adequately compensated with monetary damages. Accordingly, in addition to any
other available remedies, the parties recognize each party’s right to seek injunctive relief in connection with such breach or threatened breach. 
 (d) Press Releases. The parties agree to issue two (2) joint press releases upon the completion of the milestones as follows: (1) one press release announcing the sampling of Alien-assembled straps or
inlays incorporating Monza die (as set forth in Section 2(a)(iii)) upon the commencement of such sampling; and (2) one press release announcing the commencement of volume production of Monza upon Alien’s order of the first
production quantities of Monza. Each such press release shall indicate that the silicon is produced by Impinj and the straps and inlays are produced by Alien. 
  

	12.	Indemnification. 

 (a) By Impinj. Impinj
shall indemnify, defend and hold harmless Alien from and against any and all third party claims, actions, losses, liabilities, damages, costs and expenses (including but 

  

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not limited to reasonable attorneys’ fees and costs) to the extent based on a claim that any Monza, Monza-2 or Monza-FSA (but, in the case of Monza-FSA,
only to the extent that Monza or Monza-2, as applicable, alone would have infringed the same Intellectual Property Rights) supplied by Impinj to Alien hereunder constitutes infringement or misappropriation of any third party Intellectual Property
Rights and Alien compliance with Impinj’s specifications. (collectively a “Product IP Claim”). Impinj shall not be obligated to defend or be liable for costs and damages if: (i) the infringement arises out of compliance
with Alien’s specifications or instructions or the FSA Intellectual Property; (ii) the infringement arises from a combination with, an addition to, or a modification of the Products after delivery by Impinj; or (iii) the infringement
arises from use of the Products, or any part thereof, in the practice of a process. Impinj’s obligations hereunder shall not apply to any infringement occurring after (i) Impinj has received notice of such suit or proceeding or other
communication alleging the infringement and (ii) Impinj provides such notice to Alien, unless Impinj gives written permission for such continuing infringement. In the event Impinj provides Alien with such notice, and the infringement does not
arise under conditions described in Section 12(b), Alien shall have the right to terminate this Agreement and any Orders without cost or penalty. 
 If
any infringement by Impinj is alleged prior to completion of delivery of the Products under this Agreement, Impinj may decline to make further shipments without being in breach of this Agreement. 
 Without limiting Impinj’s obligations above, if any Monza, Monza-2 or Monza-FSA (but, in the case of Monza-FSA, only to the extent that Monza or Monza-2, as
applicable, alone would have infringed the same Intellectual Property Rights without the FSA Intellectual Property) supplied by Impinj to Alien hereunder shall be held to directly infringe Intellectual Property Rights, and Alien shall be enjoined
from using the same, Impinj shall (or if Impinj reasonably believes that such an injunction may be issued, Impinj may) use reasonable efforts, at its option and at its expense, (i) to procure for Alien the right to use such products free of any
liability for infringement, or (ii) to replace such products with a noninfringing substitute otherwise complying substantially with all requirements of this Agreement, or if the aforesaid enjoinment is confirmed and neither of the actions under
(i) or (ii) above are available on commercially reasonable terms, to (iii) accept return of such products and refund the purchase price of such returned products. 
 (b) By Alien. Alien shall indemnify, defend and hold harmless Impinj from and against any and all claims, actions, losses, liabilities, damages,
costs and expenses (including but not limited to reasonable attorneys’ fees and costs, but excluding any Product IP Claim) to the extent based on a claim that (i) any strap or inlay product from Alien incorporating any Product (but not if
Monza or Monza-2, as applicable, alone would have infringed the same Intellectual Property Rights without the strap or inlay product from Alien); (ii) Impinj’s compliance with Alien’s specifications; (iii) any combination with,
addition to, or modification of the Products after delivery by Impinj to Alien; or (iv) the FSA Intellectual Property; infringes or misappropriates any third party Intellectual Property Rights. 
 (c) Procedures. All indemnification obligations under this section shall be subject to the following requirements: (i) the indemnified party
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prompt written notice of any claim; (ii) the indemnified party shall permit the indemnifying party to assume and solely control the defense or
settlement of any claim (provided, that neither party shall enter into any settlement providing for any restriction on the other party without the other party’s prior written consent, such consent not to be unreasonably withheld);
(iii) the indemnified party shall provide proper and full information and all reasonable assistance to defend or settle any such claim, at the indemnifying party’s request and expense; and (iv) the indemnified party shall not have
compromised or settled any such claim without the indemnifying party’s prior written consent. In addition, the indemnifying party shall not be responsible for any costs, expenses, compromises, or settlements incurred or made by the indemnified
party without the indemnifying party’s prior written consent, and the indemnified party may, at its own expense, participate in its defense of any claim. 
 (d) Sole Remedy. THE FOREGOING PROVISIONS OF THIS SECTION 12 STATE THE ENTIRE LIABILITY AND OBLIGATIONS OF EACH PARTY AND THE EXCLUSIVE REMEDY OF THE OTHER PARTY, WITH RESPECT TO ANY ALLEGED OR
ACTUAL INFRINGEMENT OF PATENTS, COPYRIGHTS, TRADE SECRETS, TRADEMARKS OR OTHER INTELLECTUAL PROPERTY RIGHTS BY THE PRODUCTS. 
  

	13.	Term and Termination. 

 (a) Term. The term of
this Agreement shall commence on the Effective Date and expire six (6) months after the delivery of the fifty millionth Product (excluding Risk Wafers delivered pursuant to Sections 3(b) and 3(c)), unless earlier terminated as
provided herein. 
 (b) Termination. 
 (i) Delay of Product Acceptance. In the event that the Product Acceptance Date does not occur by December 31, 2005, this Agreement shall automatically terminate upon such date unless prior to such date the
parties agree (via written notice sent to the individuals specified in Section 15(g)) to extend the date by which the Product Acceptance must occur. If the parties so agree and the Product Acceptance does not occur by such extended date,
this Agreement shall automatically terminate on such extended date unless the parties otherwise agree to subsequently re-extend the date by which the Product Acceptance must occur. If this Agreement is terminated pursuant to this
Section 13(b)(i), Alien shall have no obligation to pay Impinj the Pre-Paid Amount or purchase the Minimum Purchase Amount. 
 (ii) For Cause. Either party may terminate this Agreement upon written notice in the event the other party materially breaches this Agreement and fails to cure such breach within thirty (30) days after the
date of written notice thereof by such party. 
 (iii) For Insolvency. Either party may terminate this Agreement by
written notice in the event: (1) the other party voluntarily enters into proceedings in bankruptcy or insolvency; (2) the other party makes an assignment for the benefit of creditors; (3) a petition is filed against the other party
under a bankruptcy law, a corporate reorganization law, or any other law for relief of debtors or similar law analogous in purpose or effect, which petition is not dismissed within one hundred and twenty (120) days of filing thereof; or
(4) the other party 

  

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the Commission. 

 CONFIDENTIAL TREATMENT REQUESTED BY ALIEN TECHNOLOGY CORP. 
  

 
enters into liquidation or dissolution proceedings or a receiver is appointed with respect to any assets of the other party, which appointment is not vacated
within one hundred and twenty (120) days. 
 (c) Effect of Termination. The following provisions shall survive any termination or
expiration of this Agreement: Sections 1, 4 (except for termination by Alien pursuant to Section 13(b)(i)), 5 (except for termination by Alien pursuant to Section 13(b)(i)), 9, 10,
11, 12, 13(c), 14 and 15. Nothing contained herein shall limit any other remedies that either party may have for the default of the other party under this Agreement nor relieve either party of any of its
obligations incurred prior to any expiration or termination of this Agreement. 
 (d) No Liability for Termination. Neither party
shall incur any liability or compensation obligation whatsoever for any damage (including and without limitation damage to or loss of goodwill or investment), loss or expenses of any kind suffered or incurred by the other party arising from or
relating to any termination of this Agreement pursuant to the terms hereof, whether or not such party is aware of any such loss or expenses. Termination is not the sole remedy and except as otherwise provided herein, all other remedies remain
available to each party. 
  

	14.	Limitation of Liability. 

 (a) EXCEPT FOR ANY BREACH
OF OR LIABILITY ARISING UNDER SECTIONS 10, OR 11, NEITHER PARTY SHALL BE LIABLE FOR INDIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES WHETHER SUCH DAMAGES ARE ALLEGED AS A RESULT OF TORTIOUS CONDUCT OR BREACH OF CONTRACT OR OTHERWISE, EVEN
IF SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. SUCH EXCLUDED DAMAGES SHALL INCLUDE BUT SHALL NOT BE LIMITED TO COST OF REMOVAL AND REINSTALLATION OF GOODS, LOSS OF GOODWILL, LOSS OF PROFITS, LOSS OF USE OF DATA, INTERRUPTION OF
BUSINESS OR OTHER ECONOMIC LOSS. REMEDIES PROVIDED HEREIN ARE INTENDED TO BE EXCLUSIVE (IN LIEU OF ANY OTHER REMEDY WHICH WOULD OTHERWISE HAVE BEEN AVAILABLE TO THE PARTIES AT LAW OR IN EQUITY). 
 (b) EXCEPT FOR ANY BREACH OF OR LIABILITY ARISING UNDER SECTIONS 4, 5(a), 10 OR 11, NEITHER PARTY’S TOTAL LIABILITY ARISING OUT OF OR
UNDER THIS AGREEMENT OR FOR BREACH OF THIS AGREEMENT, WHETHER IN CONTRACT, TORT (INCLUDING WITHOUT LIMITATION NEGLIGENCE), STRICT LIABILITY OR ANY OTHER LEGAL THEORY, SHALL NOT EXCEED ONE AND ONE QUARTER (1.25x) THE TOTAL AMOUNTS PAID OR PAYABLE TO
IMPINJ HEREUNDER. 
 (c) EACH PARTY’S TOTAL LIABILITY ARISING OUT OF OR UNDER SECTION 4 OR FOR BREACH OF
SECTION 4, WHETHER IN CONTRACT, TORT (INCLUDING WITHOUT LIMITATION NEGLIGENCE), STRICT LIABILITY OR ANY OTHER LEGAL THEORY, SHALL NOT EXCEED THREE MILLION EIGHT HUNDRED THOUSAND DOLLARS ($3,800,000) . EACH PARTY’S TOTAL LIABILITY
ARISING OUT OF OR UNDER SECTION 5(a) OR FOR BREACH OF SECTION 5(a), WHETHER IN CONTRACT, TORT (INCLUDING WITHOUT LIMITATION 

  

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the Commission. 

 CONFIDENTIAL TREATMENT REQUESTED BY ALIEN TECHNOLOGY CORP. 
  

 
NEGLIGENCE), STRICT LIABILITY OR ANY OTHER LEGAL THEORY, SHALL NOT EXCEED FIVE HUNDRED THOUSAND DOLLARS ($500,000). 
  

	15.	General. 

 (a) Governing Law; Venue. This
Agreement shall be governed by and construed under the laws of the State of California without regard to conflict of laws principles. The parties consent to the exclusive jurisdiction of, and venue in either Orange County, California, or Santa Clara
County, California, for any dispute arising out of or related to this Agreement. 
 (b) Assignment. Neither party shall transfer,
assign or delegate this Agreement or any rights or obligations hereunder, in whole or in part, whether voluntarily, by operation of law or otherwise, without the prior written consent of the other party, which consent shall not be unreasonably
withheld. Any purported transfer, assignment or delegation without such prior written consent will be null and void and of no force or effect. Notwithstanding the foregoing, each party shall have the right to assign this Agreement to any successor
to substantially all its business or assets to which this Agreement relates, whether by merger, sale of assets, sale of stock, reorganization or otherwise. Subject to the foregoing, this Agreement inures to the benefit of permitted successors and
assigns of each party. 
 (c) Waivers; Modification. No failure or delay (in whole or in part) by either party in exercising any
right, power, or remedy under this Agreement shall operate as a waiver of any such right, power, or remedy. No waiver or modification of any provision of this Agreement shall be effective unless in writing and signed by both parties. Any waiver by
either party of any provision of this Agreement shall not be construed as a waiver of any other provision or of such provision on any other occasion. 
 (d) Entire Agreement. Exhibits A and B are incorporated herein by this reference. This Agreement (including the Exhibits hereto) constitutes the entire agreement and understanding between the parties hereto
with respect to the subject matter hereof and supersedes any and all other agreements, written or oral, that the parties heretofore may have had with respect to the subject matter herein, including without limitation the term sheet signed by the
parties on May 20, 2005. 
 (e) Export. Each party agrees to fully comply with all applicable United States and foreign laws and
regulations with respect to the export, re-export, diversion or transfer of any products, technology, and information related to or exchanged under this Agreement, including without limitation the Export Administration Regulations issued by the
Department of Commerce, the International Trade Administration, and the Bureau of Export Administration, and the International Traffic in Arms Regulations (ITAR), including without limitation obtaining any necessary consents and requesting or filing
any documents. 
 (f) Severability. In the event any provision of this Agreement (or portion thereof, including the Exhibits hereto)
is determined by a court of competent jurisdiction to be invalid, illegal, or otherwise unenforceable, such provision shall be deemed to have been deleted from 

  

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the Commission. 

 CONFIDENTIAL TREATMENT REQUESTED BY ALIEN TECHNOLOGY CORP. 
  

 
this Agreement, while the remainder of this Agreement shall remain in full force and effect according to its terms. 
 (g) Notices. All notices permitted or required under this Agreement shall be in writing and shall be delivered in person, or by overnight delivery
service or by first class, registered or certified mail, postage prepaid, to the address of the party specified below or such other address as either party may specify in writing. Such notice shall be deemed to have been given upon delivery.

  

			
	 If to Impinj:
	  	 Impinj, Inc.
 501 N. 34th Street, Suite 100

Seattle, WA 98103
 Attention: Vinay Gokhale

	
	 With a required copy to:

		
		  	 Impinj, Inc.
 501 N. 34th Street, Suite 100

Seattle, WA 98103
 Attention: Legal Department

		
	 If to Alien:
	  	 Alien Technology Corporation
 18220 Butterfield
Blvd.
 Morgan Hill, CA 95037
 Attention: Thomas M.
Pounds

	
	With a required copy to:
		
		  	 Alien Technology Corporation
 18220 Butterfield
Blvd.
 Morgan Hill, CA 95037
 Attention: Legal
Department

 (h) Independent Contractors. The parties are independent contractors, and nothing in this
Agreement is intended to create any agency, partnership or joint venture relationship between them. 
 (i) Headings. The section
headings contained in this Agreement are included for convenience only, and shall not limit or otherwise affect the terms of this Agreement. 
 (j) Counterparts. This Agreement may be executed in any number of counterparts, and each executed counterpart shall have the same force and effect as an original instrument. 
 (k) Force Majeure. Neither party shall be responsible for any failure to perform or delay attributable in whole or in part to any cause beyond its
reasonable control (other than payment of money), including but not limited to Acts of God, government actions, war, civil 

  

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the Commission. 

 CONFIDENTIAL TREATMENT REQUESTED BY ALIEN TECHNOLOGY CORP. 
  

 
disturbance, insurrection, sabotage, labor shortages or disputes, failure or delay in delivery by suppliers or subcontractors, transportation difficulties,
shortage of energy, raw materials or equipment, or the other party’s fault or negligence. In the event of any such delay the date of delivery shall, at the request of such party, be deferred for a period equal to the time lost by reason of the
delay. 
 [Signature Page Follows] 
  

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the Commission. 

 CONFIDENTIAL TREATMENT REQUESTED BY ALIEN TECHNOLOGY CORP. 
  

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

									
	 Impinj:
	 		 	 Alien:

			
	 Impinj, Inc.
	 		 	 Alien Technology Corporation

					
	 By:
	 	 /s/ William T. Colleran
	 		 	 By:
	 	 /s/ John Payne

					
	 Name:
	 	 William T. Colleran
	 		 	 Name:
	 	 John Payne

					
	 Title:
	 	 President
	 		 	 Title:
	 	 Chief Operating Officer

  

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the Commission. 

 CONFIDENTIAL TREATMENT REQUESTED BY ALIEN TECHNOLOGY CORP. 
  

 Exhibit A 
 Monza Specifications 
 [***] 
  

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the Commission. 

 CONFIDENTIAL TREATMENT REQUESTED BY ALIEN TECHNOLOGY CORP. 
  

 Exhibit B 
 Testing Procedures 
  

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the Commission. 

 CONFIDENTIAL TREATMENT REQUESTED BY ALIEN TECHNOLOGY CORP. 
  

 Exhibit B 
 Testing 
 This exhibit describes the test procedures currently employed by Impinj on Monza Products. This test
procedure can be modified with the mutual agreement of the parties. The Impinj patented Monza test procedure uses dedicated hardware and software to test each wafer with minimal test time and maximal coverage relative to a conventional approach. The
test procedure requires dedicated circuits placed in the scribe lanes (area that is consumed when die sawing is performed) that enable a bypass port that gives parallel access to all die in the reticle; this port is referred to as the Reticle Test
Interface (“RTI”), and consists of a die site with [***]. This circuit interfaces with an array of Die Test Interfaces (“DTI”), one for each chip in the reticle and adjacent to the chip it tests. A bus structure with redundant
elements for fault tolerance connects the single RTI with the many DTIs. 
 In a conventional wafer probe test, each die is independent and is tested via its
primary I/O ports. If applied to RFID projects, with tens of thousands of die per wafer, conventional wafer probe tests effectively have a single serial interface that operates at UHF frequencies. This leads to poor test coverage, very long test
times, and unforgiving hardware fixtures. 
 In contrast, the Impinj approach provides full wafer-probe testing at that is very cost effective, and at a high
level of coverage. Monza wafers have nearly [***] yieldable die sites (gross die per wafer, or GDPW), and after DTI testing, typically [***] are identified as good die (net die per wafer, or NDPW). This shows a raw yield of about [***], which is
slightly higher than the prediction of the fab yield model at [***], consistent with a robust design. DTI testing does not enable 100% fault detection, however, and our models for DPPM reduction predict a residual test escape rate of [***], or
[***]. Hence, outgoing quality levels rise to [***], and become the practical meaning of “known good die”. 
 For reference, a series of [***]
tests comprising digital functionality over the Gen2 command set, key analog parameters, and read+write pattern testing of the NVM, is performed on the wafer. All circuit blocks are tested with the exception of the rectifiers and parts of the modem,
since their operation depends on a microwave signal. This constitutes the majority of the residual [***] loss. This remaining factor can be dealt with by a minimal, and very fast, RF test after inlay assembly, which is needed in any event to
identify assembly losses. Note that the net yield of inlays or straps rises from an estimated [***] to [***] (for an assumed [***] assembly yield), or a factor of [***] reduction in scrap rates, as a result of this capability. 
  

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the Commission.

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