Document:

EX-10.2

 Exhibit 10.2 

EXECUTION COPY 
  

 
  

LICENSE PURCHASE AGREEMENT 
 by
and among 
 T-MOBILE USA, INC. and 

T-MOBILE LICENSE LLC, 
 and 

CELLCO PARTNERSHIP d/b/a VERIZON WIRELESS 

Dated as of January 5, 2014 
  

 
  

 TABLE OF CONTENTS 
  

							
	 	  	 	  	Page	 
	 ARTICLE 1 DEFINITIONS
	  	 	1	  
		
	ARTICLE 2 PURCHASE AND SALE OF LICENSES	  	 	4	  
	             Section 2.1	  	Purchase and Sale of VZW Licenses	  	 	4	  
	             Section 2.2	  	No Assumption of Liabilities	  	 	4	  
	             Section 2.3	  	Closing	  	 	4	  
		
	ARTICLE 3 REPRESENTATIONS AND WARRANTIES OF VZW	  	 	5	  
	             Section 3.1	  	Organization	  	 	5	  
	             Section 3.2	  	Power and Authority	  	 	5	  
	             Section 3.3	  	Enforceability	  	 	5	  
	             Section 3.4	  	Non-Contravention	  	 	5	  
	             Section 3.5	  	Compliance With Laws	  	 	6	  
	             Section 3.6	  	VZW Licenses	  	 	6	  
	             Section 3.7	  	Litigation	  	 	7	  
	             Section 3.8	  	Build-out Requirements	  	 	8	  
	             Section 3.9	  	No Brokers	  	 	8	  
		
	ARTICLE 4 REPRESENTATIONS AND WARRANTIES OF THE T-MOBILE PARTIES	  	 	8	  
	             Section 4.1	  	Organization	  	 	8	  
	             Section 4.2	  	Power and Authority	  	 	8	  
	             Section 4.3	  	Enforceability	  	 	8	  
	             Section 4.4	  	Non-Contravention	  	 	9	  
	             Section 4.5	  	Litigation	  	 	9	  
	             Section 4.6	  	Qualification	  	 	9	  
	             Section 4.7	  	Available Funds	  	 	10	  
	             Section 4.8	  	Acknowledgements regarding Build-Out Requirements and Interference	  	 	10	  
	             Section 4.9	  	No Brokers	  	 	10	  
		
	ARTICLE 5 COVENANTS AND OTHER AGREEMENTS	  	 	10	  
	             Section 5.1	  	Covenants of the T-Mobile Parties and VZW Pending the Closing	  	 	10	  
	             Section 5.2	  	Confidentiality	  	 	10	  
	             Section 5.3	  	Compliance with Law; Compliance with Licenses; Non-Solicitation; Updates; E-911.	  	 	11	  
	             Section 5.4	  	Governmental Filings	  	 	12	  
	             Section 5.5	  	Like-Kind Exchange	  	 	13	  
	             Section 5.6	  	Allocation of Purchase Price for Tax Purposes	  	 	14	  
		
	ARTICLE 6 CONDITIONS TO CLOSING	  	 	14	  
	             Section 6.1	  	Conditions to the Obligations of the T-Mobile Parties	  	 	14	  
	             Section 6.2	  	Conditions to the Obligations of VZW	  	 	15	  

  
 - i - 

							
	ARTICLE 7 TERMINATION	  	 	16	  
	             Section 7.1	  	Termination	  	 	16	  
		
	ARTICLE 8 SURVIVAL AND INDEMNIFICATION	  	 	17	  
	             Section 8.1	  	Survival	  	 	17	  
	             Section 8.2	  	General Indemnification Obligation	  	 	17	  
	             Section 8.3	  	Limitations	  	 	18	  
	             Section 8.4	  	Indemnification Procedures	  	 	19	  
	             Section 8.5	  	Treatment of Payments	  	 	20	  
	             Section 8.6	  	Exclusive Remedy	  	 	21	  
		
	ARTICLE 9 MISCELLANEOUS	  	 	21	  
	             Section 9.1	  	Assignment	  	 	21	  
	             Section 9.2	  	Further Assurances	  	 	21	  
	             Section 9.3	  	Entire Agreement; Amendment	  	 	22	  
	             Section 9.4	  	Waiver	  	 	22	  
	             Section 9.5	  	Notices	  	 	22	  
	             Section 9.6	  	Governing Law	  	 	23	  
	             Section 9.7	  	No Benefit to Others	  	 	23	  
	             Section 9.8	  	Headings, Gender, “Person,” and “including”	  	 	23	  
	             Section 9.9	  	Severability	  	 	24	  
	             Section 9.10	  	Counterparts, Facsimile and Electronic Signatures	  	 	24	  
	             Section 9.11	  	Expenses	  	 	24	  
	             Section 9.12	  	Construction of “VZW License”	  	 	24	  

  
 - ii - 

 LICENSE PURCHASE AGREEMENT 

THIS LICENSE PURCHASE AGREEMENT (“Agreement”), dated as of January 5, 2014, is entered into by and among
(i) T-MOBILE USA, INC., a Delaware corporation (“T-Mobile”) and T-MOBILE LICENSE LLC, a Delaware limited liability company (“T-Mobile License” and collectively with T-Mobile, the “T-Mobile
Parties”), and (ii) CELLCO PARTNERSHIP, a Delaware general partnership doing business as Verizon Wireless (“VZW”). Each T-Mobile Party and VZW is a “Party,” and the T-Mobile Parties and VZW
collectively are the “Parties”; provided that as the context requires (i.e., when the applicable provision describes a two-party relationship or interaction), the T-Mobile Parties, collectively, shall be deemed to be a single
Party and VZW shall be deemed to be the other Party. 
 WHEREAS, VZW holds the lower 700 MHz A Block licenses granted by the FCC that are
identified in Schedule A (the “VZW Licenses”); and 
 WHEREAS, VZW wishes to sell, and T-Mobile License wishes
to purchase, the VZW Licenses, as permitted pursuant to 47 C.F.R. § 1.948, in the manner and subject to the terms and conditions set forth in this Agreement. 

NOW, THEREFORE, in consideration of the premises and the mutual representations, warranties, covenants, conditions and agreements hereinafter
set forth, the Parties agree as follows: 
 ARTICLE 1 

DEFINITIONS 
 As used in
this Agreement, the following terms shall have the meanings set forth or referenced below: 
 “Accommodator” has the
meaning set forth in Section 5.5. 
 “Affiliate” means, as to any Person, any other Person that, directly or
indirectly, is in control of, is controlled by, or is under common control with, such Person. The term “control” (including, with correlative meanings, the terms “controlled by” and “under common control with”), as
applied to any Person, means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities or other ownership interest, by contract
or otherwise. 
 “Agreement” means this Agreement and all Exhibits and Schedules hereto, as amended, supplemented or
otherwise modified from time to time in accordance with the terms hereof. 
 “Allocation Date” has the meaning set forth in
Section 5.6. 
 “Business Day” means any day, other than a Saturday or Sunday, on which commercial banks and foreign
exchange markets are open for business in the county of New York, State of New York. 
 “Claim Notice” has the meaning set
forth in Section 8.4(a). 

 “Closing” has the meaning set forth in Section 2.3(a). 

“Closing Date” has the meaning set forth in Section 2.3(a). 

“Code” means the Internal Revenue Code of 1986, as amended. 

“DOJ” means the United States Department of Justice. 

“E-911 Deployment Requests” has the meaning set forth in Section 5.3(e). 

“Exchange” has the meaning set forth in Section 5.5. 

“FCC” means the Federal Communications Commission or any successor entity thereto. 

“FCC Application” has the meaning set forth in Section 5.4(a). 

“FCC Consent” means the requisite consent of the FCC to permit the consummation of the transaction contemplated hereby,
including the assignment by VZW to T-Mobile License of the VZW Licenses. 
 “FCC Order” means a written action or order by
the FCC or any of its bureaus. 
 “FCC Rules” means the rules, regulations and orders of the FCC. 

“FTC” means the United States Federal Trade Commission. 

“Governmental Authority” means a federal, state or local court, legislature, governmental agency, commission or regulatory or
administrative authority or instrumentality. 
 “HSR Act” means the Hart-Scott-Rodino Antitrust Improvement Act of 1976, as
amended, any successor statute thereto, and the rules and regulations promulgated thereunder. 
 “HSR Notice” has the
meaning set forth in Section 5.4(b). 
 “Indemnified Party” has the meaning set forth in Section 8.2(a). 

“Indemnifying Party” has the meaning set forth in Section 8.2(a). 

“Interoperability Order” means the Report and Order and Order of Proposed Modification in Promoting
Interoperability in the 700 MHz Commercial Spectrum and Request for Waiver and Extension of Lower 700 MHz Band Interim Construction Benchmark Deadlines, WT Docket Nos. 12-69 and 12-332, adopted by the FCC on October 25, 2013.

 “Law” means applicable common law and any statute, ordinance, code or other law, rule, permit, permit condition,
regulation, order, decree, technical or other standard, requirement or procedure enacted, adopted, promulgated, applied, issued or followed by any Governmental Authority. 

  
 2 

 “Liabilities” means any direct or indirect liability, indebtedness, guaranty,
endorsement, claim, loss, damage, deficiency, cost, expense, obligation or responsibility, of any kind or nature whatsoever, whether fixed or unfixed, known or unknown, asserted or unasserted, choate or inchoate, liquidated or unliquidated, secured
or unsecured, accrued, contingent or otherwise. 
 “Lien” means any mortgage, lien, pledge, charge, security interest,
easement, conditional sales contract, reversionary interest, transfer restriction (other than transfer restrictions arising under the FCC Rules), right of first refusal, voting trust agreement, preemptive right, or other adverse claim or defect of
title. 
 “Losses” has the meaning set forth in Section 8.2(a). 

“NDA” has the meaning set forth in Section 5.2(a). 

“Notice Period” has the meaning set forth in Section 8.4(a). 

“Outside Date” has the meaning set forth in Section 7.1(a). 

“PDF” has the meaning set forth in Section 9.10. 

“Person” has the meaning set forth in Section 9.8. 

“Potential Contributor” has the meaning set forth in Section 8.3(e). 

“Purchase Price” has the meaning set forth in Section 2.1. 

“Section 1060 Allocation” has the meaning set forth in Section 5.6. 

“Subject Parties” shall mean, with regard to the Interoperability Order, AT&T Services, Inc., DISH Network Corporation
and their respective Affiliates. 
 “Subsidiaries” means, as to any Person, the Affiliates of such Person that, directly or
indirectly, are controlled by such Person. 
 “Taxes” means any taxes, duties, assessments, fees, levies, or similar
governmental charges, together with any interest, penalties, and additions to tax, imposed by any taxing authority, wherever located (i.e., whether federal, state, local, municipal, or foreign), including all net income, gross income, gross
receipts, net receipts, sales, use, transfer, franchise, privilege, profits, social security, disability, withholding, payroll, unemployment, employment, excise, severance, property, windfall profits, value added, ad valorem, occupation, or any
other similar governmental charge or imposition. 
 “T-Mobile” has the meaning set forth in the preamble. 

“T-Mobile License” has the meaning set forth in the preamble. 

“T-Mobile Parties” has the meaning set forth in the preamble. 

  
 3 

 “Transaction Documents” means this Agreement and all other agreements, documents
and instruments required to be delivered by any Party or its designee to any other Party or its designee in accordance with the provisions of this Agreement. 

“Unserved Areas” has the meaning set forth in Section 5.3(e). 

“VZW” has the meaning set forth in the preamble. 

“VZW Licenses” has the meaning set forth in the recitals. 

ARTICLE 2 
 PURCHASE AND SALE OF
LICENSES 
 Section 2.1    Purchase and Sale of VZW Licenses 

At the Closing, T-Mobile License shall pay to VZW an amount equal to $2.365 billion (the “Purchase Price”), which shall be
payable by the T-Mobile Parties to VZW by wire transfer of immediately available funds to such account(s) as VZW shall designate no later than three Business Days prior to the Closing Date. In exchange therefor, VZW shall grant, sell, convey,
assign, transfer and deliver to T-Mobile License (or, subject to Section 9.1, another Affiliate of T-Mobile designated by T-Mobile), free and clear of all Liens, and T-Mobile License shall purchase (or, subject to Section 9.1, cause the
applicable Affiliate of T-Mobile to purchase) from VZW, all right, title and interest of VZW in and to the VZW Licenses. 

Section 2.2    No Assumption of Liabilities 

THIS IS A PURCHASE AND SALE OF ASSETS AND THE T-MOBILE PARTIES SHALL NOT ASSUME, BE BOUND BY OR RESPONSIBLE FOR, OR BE DEEMED TO HAVE ASSUMED,
BECOME BOUND BY OR RESPONSIBLE FOR, UNDER THIS AGREEMENT OR BY REASON OF THE TRANSACTION CONTEMPLATED HEREBY, ANY LIABILITIES OF VZW OF ANY KIND OR NATURE, KNOWN OR UNKNOWN, CONTINGENT OR OTHERWISE. 

Section    2.3 Closing 

(a) Unless this Agreement shall have been earlier terminated in accordance with the provisions of this Agreement, the closing of the
transaction contemplated by this Agreement (the “Closing”) shall be consummated via U.S. mail, recognized overnight courier and/or electronic transmission at 10:00 a.m. Eastern time on the date that is five Business Days (or such
greater number of Business Days requested by T-Mobile or VZW but in any event not later than 15 days) after the satisfaction or waiver of the conditions set forth in ARTICLE 6 (except those conditions that by their nature will be satisfied at the
Closing), or at such other time or place as may be agreed upon in writing by T-Mobile and VZW. The date of the Closing is referred to herein as the “Closing Date”. 

(b) Subject to the terms and conditions hereof, at the Closing, VZW shall execute and deliver to T-Mobile License (or, subject to
Section 9.1, an Affiliate of T-Mobile designated by T-Mobile) (i) an instrument of assignment in the form attached hereto as Exhibit A, executed by 

  
 4 

 
VZW; (ii) such other reasonable instruments (if any) as shall be necessary and effective to transfer, convey and assign to, and vest in, T-Mobile License all of the right, title and interest
of VZW in and to the VZW Licenses; and (iii) the closing certificates and other documents required to be delivered pursuant to this Agreement. 

ARTICLE 3 
 REPRESENTATIONS AND
WARRANTIES OF VZW 
 VZW hereby represents and warrants to the T-Mobile Parties as follows: 

Section 3.1    Organization 

VZW is a general partnership, duly formed and validly existing under the laws of the State of Delaware. 

Section 3.2     Power and Authority 

VZW has the requisite partnership power and authority to execute, deliver and perform this Agreement. The execution, delivery and performance
by VZW of this Agreement and all the other Transaction Documents required to be executed and delivered by VZW in accordance with the provisions of this Agreement have been duly authorized by all necessary partnership action on the part of VZW. This
Agreement has been, and the other Transaction Documents to which VZW is a party have been, or will be, duly executed and delivered by VZW. 

Section 3.3    Enforceability 

This Agreement constitutes, and the other Transaction Documents to which VZW is a party constitute or will constitute, the legal, valid and
binding obligations of VZW, enforceable against VZW in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance, fraudulent transfer and other
similar laws affecting creditors’ rights generally and by general principles of equity. 
 Section
3.4    Non-Contravention 
 Upon the receipt of the FCC Consent, compliance with any applicable requirements of
the HSR Act and the giving of any post-Closing notifications required by the FCC or state Governmental Authorities, the execution, delivery and performance by VZW of this Agreement and the other Transaction Documents to which VZW is a party do not
and will not violate or conflict with or result in the breach of any term, condition or provision of, or require the consent of any other Person under, (i) any Law to which VZW or any of the VZW Licenses is subject, (ii) any judgment,
order, writ, injunction, decree or award of any court, arbitrator or governmental or regulatory official, body or authority that is applicable to VZW or any of the VZW Licenses, (iii) the partnership agreement of VZW, or (iv) any material
mortgage, indenture, agreement, contract, commitment, lease, plan, license or other instrument, document or understanding, oral or written, to which VZW is a party or subject, by which VZW may have rights or by which any of the VZW Licenses may be
bound or affected, or give any party with rights thereunder the right to terminate, modify, accelerate or otherwise materially change the existing rights or obligations of VZW thereunder. 

  
 5 

 Section 3.5    Compliance With Laws 

VZW is not in violation in any material respect of any federal, state or local law, ordinance, code, order or governmental rule or regulation
that relates to any of the VZW Licenses, including the FCC Rules. 
 Section 3.6    VZW Licenses 

(a) Each of the VZW Licenses has been validly issued, is in full force and effect, is validly held by VZW and is free and clear of conditions
or restrictions, other than those routinely imposed in conjunction with FCC licenses of a similar type. Each of the VZW Licenses is free and clear of all Liens, other than any leases or other arrangements between VZW and any other Affiliate of VZW
(which shall be terminated at or prior to Closing). At Closing each of the VZW Licenses will be free and clear of all Liens. 
 (b) Except
for any leases or other arrangements between VZW and any other Affiliate of VZW (which shall be terminated at or prior to Closing), none of the spectrum covered by the VZW Licenses is subject to any lease or other agreement or arrangement with any
third party, including any agreement giving any third party any right to use such spectrum. 
 (c) There are no existing applications,
petitions to deny or complaints or proceedings pending or, to VZW’s knowledge, threatened, before the FCC or any other tribunal, governmental authority or regulatory agency relating to any of the VZW Licenses or which otherwise will or could
reasonably be expected to adversely affect any VZW License, other than proceedings affecting the wireless telecommunications industry or 700 MHz A Block licenses or licensees generally. No governmental authority or regulatory agency has, to
VZW’s knowledge, threatened to terminate or suspend any of the VZW Licenses. There are no third party claims of any kind that have been asserted with respect to any of the VZW Licenses. VZW is not in violation or default, or has received any
notice of any claim of violation or default, with respect to any of the VZW Licenses. No event has occurred with respect to any of the VZW Licenses that permits, or after notice or lapse of time or both would permit, revocation or termination
thereof or that will or would reasonably be expected to result in any violation or default, claim of violation or default or impairment of the rights of the holder of such VZW License. 

(d) Each VZW License is held solely by VZW. No shareholder, officer, employee or former employee of VZW or any Affiliate thereof, or any other
Person, holds or has any proprietary, financial or other interest (direct or indirect) in, or any authority to use, or any other right or claim in or to, any of the VZW Licenses, other than any leases or other arrangements between VZW and any other
Affiliate of VZW (which shall be terminated at or prior to Closing). 
 (e) No amounts (including installment payments consisting of
principal and/or interest or late payment fees) are due to the FCC or the United States Department of the Treasury in respect of the VZW Licenses, and none of the VZW Licenses were acquired with bidding credits. The consummation of the transaction
contemplated hereunder will not cause the FCC to impose any unjust enrichment penalties pursuant to 47 C.F.R. §1.2111. 

  
 6 

 (f) VZW has no reason to believe that any of the VZW Licenses will not be renewed in the ordinary
course. None of the VZW Licenses will be adversely affected by the consummation of the transaction contemplated hereby. VZW is not aware of any basis for any application, action, petition, objection or other pleading, or for any proceeding with the
FCC or any other Governmental Authority, which (i) questions or contests the validity of, or seeks the revocation, forfeiture, non-renewal or suspension of, any VZW License, (ii) seeks the imposition of any modification or amendment with
respect to any VZW License, (iii) seeks the payment of a fine, sanction, penalty, damages or contribution in connection with the use of any VZW License, or (iv) in any other way will or could reasonably be expected to adversely affect any
VZW License. 
 (g) There are no liabilities of VZW or any Affiliate thereof (whether matured or unmatured, direct or indirect, or absolute,
contingent or otherwise), whether related to, associated with, or attached to, any VZW License or otherwise to which the T-Mobile Parties or any of their Affiliates will be subject from and after the Closing as a result of the consummation of the
transaction contemplated hereby. 
 (h) With respect to each VZW License, (i) all material documents required to be filed at any time
by VZW with the FCC with respect to such VZW License have been filed or the time period for such filing has not lapsed, and (ii) all such documents filed since the date that such VZW License was first issued or transferred to VZW or any
Affiliate thereof are correct in all material respects. None of the VZW Licenses is subject to any conditions other than those appearing on the face of such VZW License and those imposed by the FCC Rules upon the wireless communications services
industry generally or upon 700 MHz A Block licenses or licensees generally. There are no obligations to make any payments to the FCC associated with any VZW License, nor will the consummation of the transaction contemplated hereby cause the FCC to
require any party or any of its Affiliates to refund to the FCC all or any portion of any bidding credit that VZW or any of its past or current Affiliates received from the FCC in connection with any VZW License. 

(i) VZW and each Affiliate thereof is in compliance in all material respects with, and is not in violation in any material respect of, any Law
applicable to the VZW Licenses to which any of them is subject, including all pertinent aspects of the FCC Rules, including (i) the FCC Rules pertaining to eligibility to hold 700 MHz A Block licenses in general, and the VZW Licenses in
particular, and (ii) the FCC Rules restricting foreign ownership of radio licenses. VZW is in material compliance with all terms and conditions of, and all of its obligations under, each VZW License. 

Section 3.7    Litigation 

Except for proceedings affecting the wireless communications services industry generally or 700 MHz A Block licenses or licensees generally,
no litigation, arbitration, investigation or other proceeding of or before any court, arbitrator or governmental or regulatory official, body or authority is pending or, to VZW’s knowledge, threatened against VZW or any Affiliate thereof that
would reasonably be expected to adversely affect any of the VZW Licenses, or that seeks to enjoin this Agreement or the transaction contemplated hereby or otherwise prevent VZW from performing its obligations under this Agreement or consummating the
transaction contemplated 

  
 7 

 
hereby. Neither VZW nor any Affiliate thereof is a party to or subject to the provisions of any judgment, order, writ, injunction, decree or award of any court, arbitrator or governmental or
regulatory official, body or authority that adversely affects any of the VZW Licenses or that would reasonably be expected to impair the ability of VZW to consummate the transaction contemplated by this Agreement. 

Section 3.8    Build-out Requirements 

VZW is not in breach or otherwise in violation of any FCC build-out requirements relating to any VZW License. 

Section 3.9    No Brokers 

VZW and its agents have incurred no obligation or liability, contingent or otherwise, for brokerage or finders’ fees or agents’
commissions or other similar payments in connection with this Agreement or the transaction contemplated hereby for which the T-Mobile Parties or any Affiliate thereof could become liable or obligated. 

ARTICLE 4 
 REPRESENTATIONS AND
WARRANTIES OF THE T-MOBILE PARTIES 
 Each T-Mobile Party jointly and severally hereby represents and warrants to VZW as follows: 

Section 4.1    Organization 

Each T-Mobile Party is a corporation or limited liability company, as the case may be, duly organized and validly existing under the laws of
the State of Delaware. 
 Section 4.2    Power and Authority 

Each T-Mobile Party has the requisite corporate or limited liability company, as applicable, power and authority to execute, deliver and
perform this Agreement. The execution, delivery and performance by each T-Mobile Party of this Agreement and all the other Transaction Documents required to be executed and delivered by such T-Mobile Party in accordance with the provisions of this
Agreement have been duly authorized by all necessary corporate or limited liability company, as applicable, action on the part of such T-Mobile Party. This Agreement has been, and the other Transaction Documents to which either of the T-Mobile
Parties is a party have been, or will be, duly executed and delivered by the applicable T-Mobile Parties. 
 Section
4.3    Enforceability 
 This Agreement constitutes, and the other Transaction Documents to which either T-Mobile
Party is a party constitute or will constitute, the legal, valid and binding obligations of each applicable T-Mobile Party, enforceable against such T-Mobile Party in accordance with their respective terms, except as such enforceability may be
limited by bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance, fraudulent transfer and other similar laws affecting creditors’ rights generally and by general principles of equity. 

  
 8 

 Section 4.4    Non-Contravention 

Upon the receipt of the FCC Consent, compliance with any applicable requirements of the HSR Act and the giving of any post-Closing
notifications required by the FCC or state Governmental Authorities, the execution, delivery and performance by each T-Mobile Party of this Agreement and the other Transaction Documents to which such T-Mobile Party is a party do not and will not
violate or conflict with or result in the breach of any term, condition or provision of, or require the consent of any other Person under, (i) any Law to which either T-Mobile Party is subject, (ii) any judgment, order, writ, injunction,
decree or award of any court, arbitrator or governmental or regulatory official, body or authority that is applicable to either T-Mobile Party, (iii) the articles of incorporation, certificate of formation, bylaws or similar organizational
documents of either T-Mobile Party, or (iv) any material mortgage, indenture, agreement, contract, commitment, lease, plan, license or other instrument, document or understanding, oral or written, to which either T-Mobile Party is a party or
subject, by which either T-Mobile Party may have rights, or give any party with rights thereunder the right to terminate, modify, accelerate or otherwise materially change the existing rights or obligations of either T-Mobile Party thereunder. 

Section 4.5    Litigation 

Except for proceedings affecting the wireless communications services industry generally, no litigation, arbitration, investigation or other
proceeding of or before any court, arbitrator or governmental or regulatory official, body or authority is pending or, to either T-Mobile Party’s knowledge, threatened against either T-Mobile Party or Affiliate thereof that seeks to enjoin this
Agreement or the transaction contemplated hereby or otherwise prevent either T-Mobile Party from performing its obligations under this Agreement or consummating the transaction contemplated hereby. No T-Mobile Party or Affiliate thereof is a party
to or subject to the provisions of any judgment, order, writ, injunction, decree or award of any court, arbitrator or governmental or regulatory official, body or authority that would reasonably be expected to impair the ability of either T-Mobile
Party to consummate the transaction contemplated by this Agreement. 
 Section 4.6    Qualification 

T-Mobile License is, and any other Affiliate of T-Mobile designated by T-Mobile pursuant to Section 9.1 will be, fully qualified under
the Communications Act of 1934, as amended, and the FCC Rules (i) to hold and receive FCC licenses generally, (ii) to hold and receive the VZW Licenses, upon the consummation of the transaction contemplated hereby, and (iii) to be
approved as the assignee of the VZW Licenses. T-Mobile License is, and any other Affiliate designated by T-Mobile pursuant to Section 9.1 will be, in compliance with Section 310(b) of the Communications Act of 1934, as amended, and all FCC
Rules promulgated thereunder with respect to alien ownership. 

  
 9 

 Section 4.7    Available Funds 

At the Closing, the T-Mobile Parties will have available to them funds sufficient to satisfy, no later than the date they become due, all of
the T-Mobile Parties’ payment obligations under Section 2.1 of this Agreement and to consummate the transaction contemplated hereby. 

Section 4.8    Acknowledgements regarding Build-Out Requirements and Interference 

The T-Mobile Parties acknowledge that they are aware of the FCC’s build-out requirements with respect to the VZW Licenses, and that
satisfaction of those requirements will be the T-Mobile Parties’ responsibility following the Closing. The T-Mobile Parties also acknowledge that they are aware of the potential interference between broadcast television operations located on
Channel 51 and wireless operations on lower 700 MHz A Block licenses. 
 Section 4.9    No Brokers 

No T-Mobile Party, nor agent thereof, has incurred any obligation or liability, contingent or otherwise, for brokerage or finders’ fees
or agents’ commissions or other similar payments in connection with this Agreement or the transaction contemplated hereby for which VZW or any Affiliate thereof could become liable or obligated. 

ARTICLE 5 
 COVENANTS AND OTHER
AGREEMENTS 
 Section 5.1    Covenants of the T-Mobile Parties and VZW Pending the Closing 

From the date hereof until the Closing, each Party shall: 

(a) take, or cause to be taken, all actions, and do, or cause to be done, all things necessary, proper or advisable and consistent with
applicable Law to carry out all of their respective obligations under this Agreement, to cause the conditions set forth in ARTICLE 6 to be satisfied and to consummate and make effective the transaction contemplated hereby as soon as reasonably
practicable after the date hereof; and 
 (b) not (i) take, or agree to take, any action that would result in a material breach of any
of its representations or warranties hereunder, or (ii) omit, or agree to omit, to take any action necessary to prevent a material breach of any of its representations or warranties hereunder. 

Section 5.2    Confidentiality 

(a) The non-disclosure agreement between VZW and T-Mobile, effective October 3, 2013 (the “NDA”), shall remain in effect
in accordance with its terms. 
 (b) The Parties acknowledge and agree that the existence of this Agreement, the terms and conditions of
this Agreement and the substance of the negotiations between the Parties regarding such terms and conditions constitute “Transaction Information” under the NDA. 

  
 10 

 (c) Notwithstanding the foregoing or the terms of the NDA, (i) each Party shall have the
right to issue a press release regarding the transaction contemplated hereby in the form that has been previously approved by the other Party, and (ii) each Party shall have the right to make disclosure of Transaction Information (as defined
under the NDA) with respect to this Agreement or the transaction contemplated hereby to the extent such disclosure is required under applicable Law or the rules and regulations of the New York Stock Exchange, provided that the disclosing Party
provides the other Party as much opportunity to review and comment in advance on such disclosure as is practicable under the circumstances. 

Section 5.3    Compliance with Law; Compliance with Licenses; Non-Solicitation; Updates; E-911. 

(a) Compliance with Law. From the date hereof until the Closing, VZW and its Affiliates shall comply in all material respects with all
Laws to the extent that they relate to any of the VZW Licenses. 
 (b) Compliance with Licenses. From the date hereof until the
Closing, (i) VZW shall maintain all of its rights and interest in, and the validity of, the VZW Licenses, and shall not, and shall cause its Affiliates not to, engage in any transaction or take any action or omit to take any action that will or
would reasonably be expected to adversely affect its rights or interest in, or the validity of, the VZW Licenses, and (ii) VZW shall promptly provide the T-Mobile Parties with copies of all applications and other correspondence to the FCC and
any notices, orders or correspondence received from the FCC to the extent specifically related to the VZW Licenses. Without limiting the foregoing, VZW shall not seek the modification of any VZW Licenses. 

(c) Non-solicitation. Prior to the earlier to occur of the Closing or any termination of this Agreement in accordance with the
provisions of Section 7.1, VZW shall not, and shall cause its Subsidiaries and the officers, employees, agents and representatives of VZW and its Subsidiaries not to, directly or indirectly, sell, transfer, assign or otherwise dispose of any of
the VZW Licenses or enter into any agreement, arrangement or understanding, solicit inquiries or proposals, furnish non-public information or initiate or participate in any negotiations or discussions whatsoever with respect to any of the foregoing
transaction. 
 (d) Notice of Certain Events. Each Party shall promptly notify the other in writing (i) of any action, suit or
proceeding that shall be instituted or threatened against such Party to restrain, prohibit or otherwise challenge the legality of any transaction contemplated by this Agreement, and (ii) if such Party acquires knowledge of any development
causing any of the representations and warranties of such Party in ARTICLE 3 or ARTICLE 4, as applicable, to be untrue in any material respect. No disclosure by either Party pursuant to this Section 5.3(d), however, shall be deemed to amend or
supplement this Agreement or to prevent or cure any misrepresentation by such Party herein, unless the other Party shall have expressly so agreed in writing. 

(e) E-911. At the written request of T-Mobile made within 45 days after the date hereof, accompanied by a list of the Unserved Areas,
VZW will use its commercially reasonable efforts to compile and furnish to T-Mobile, prior to Closing, a list of all E-911 Phase I or Phase II “deployment requests” pursuant to 47 C.F.R. §20.18 of the FCC Rules (“E-911
Deployment  

  
 11 

 
Requests”) that have been received by VZW or any of its Affiliates with respect to the Unserved Areas, together with the following information for each E-911 Deployment Request
listed: (i) date of request, (ii) county covered, (iii) E-911 phase, (iv) requesting PSAP, (v) status of deployment and (vi) date of deployment, if applicable. Such list shall be updated, if necessary, prior to Closing
to add any additional such E-911 Deployment Requests received by VZW between the date of delivery of the original list and the Closing Date. For purposes of the foregoing, “Unserved Areas” shall mean geographic areas covered by the
VZW Licenses in which T-Mobile does not offer wireless service. During the two year period following the Closing Date, upon T-Mobile’s reasonable request, VZW shall provide T-Mobile with copies of any written E-911 Deployment Requests received
by VZW or its Affiliates at any time prior to Closing that relate to the VZW Licenses. 

Section 5.4    Governmental Filings 

(a) As soon as practicable after the date of this Agreement, the Parties shall file with the FCC all applications and notifications necessary
to obtain the FCC Consent (the “FCC Application”). The Parties shall use their respective commercially reasonable efforts to file the FCC Application within 10 Business Days after the date of this Agreement. The Parties shall
cooperate in the diligent submission of any additional information requested by the FCC with respect to the FCC Application, and will use their respective commercially reasonable efforts to take all steps necessary and proper to obtain the FCC
Consent. 
 (b) As soon as practicable after the date of this Agreement, the Parties shall prepare and file with the FTC and the DOJ the
notifications required pursuant to the HSR Act with respect to the transaction contemplated by this Agreement, including any documents required to be filed in connection therewith (the “HSR Notice”). The HSR Notice shall
specifically request early termination of the waiting period prescribed by the HSR Act. The Parties shall use their respective commercially reasonable efforts to file the HSR Notice within 10 Business Days after the date of this Agreement. The
Parties shall cooperate in the diligent submission of any supplemental information requested by the FTC or the DOJ with respect to the HSR Notice. 

(c) Each Party shall, and shall cause its Affiliates to, cooperate with the other Party in connection with the making of all filings and the
obtaining of all approvals referred to in this Section 5.4, including by (i) providing copies of all such filings and attachments to the non-filing Party, (ii) furnishing all information required for all such filings,
(iii) promptly keeping the other Party informed in all material respects of any material communication received by such Party from, or given by such Party to, any Governmental Authority relating to the approval of the transaction contemplated
hereby and of any material communication received or given in connection with any proceeding by a private party relating to the approval of the transaction contemplated hereby by any Governmental Authority, and (iv) permitting the other Party
to review any material communication delivered to, and consulting with the other Party in advance of any meeting or conference with, any Governmental Authority relating to the transaction contemplated hereby or in connection with any proceeding by a
private party relating to the approval of the transaction contemplated hereby by any Governmental Authority. To the extent practicable under the circumstances, neither Party shall participate in any meeting or discussion expected to address
substantive matters related to the transaction contemplated hereby, either in person or by telephone, with any Governmental Authority in connection with the proposed 

  
 12 

 
transaction unless, to the extent not prohibited by such Governmental Authority, it gives the other Party the opportunity to attend and observe. The Parties shall advise each other promptly in
respect of any understandings, undertakings or agreements (oral or written) that either of them proposes to make or enter into with the FTC, the DOJ or any other Governmental Authority in connection with the transaction contemplated hereby. To the
extent that confidential information of either Party is required to be filed with any Governmental Authority, the Party submitting such information shall, prior to such disclosure, (A) notify the Party whose confidential information is to be
disclosed, and (B) together with the party whose information is to be disclosed, seek and use commercially reasonable efforts to secure confidential treatment of such information pursuant to the applicable protective order or other
confidentiality procedures of such Governmental Authority. 
 (d) VZW shall not take any action to oppose or otherwise impede the T-Mobile
Parties with respect to: (i) any acquisition of a Channel 51 license in a market area covered by any of the VZW Licenses; (ii) any frequency-relocation of a Channel 51 licensee operating in any such market; or (iii) any
frequency-sharing or other frequency-related agreement with a Channel 51 licensee operating in any such market. Further, VZW shall not file any petition for reconsideration, appeal or other legal challenge to the Interoperability Order and shall not
take any other action that could reasonably be expected to result in the materially adverse modification of the Interoperability Order in a manner that would be inconsistent with the voluntary industry agreement contemplated by the Interoperability
Order. 
 (e) In the event that at any time after the date hereof VZW or any of the T-Mobile Parties, or any of their respective Affiliates,
enters into any transaction or takes some other action that would have the effect of materially delaying, preventing or otherwise impeding the receipt of any regulatory approvals necessary to effect the transactions contemplated hereby, such Party
or Parties shall use its or their reasonable best efforts to eliminate or otherwise mitigate as fully as possible any such adverse effect on obtaining such approvals. 

Section 5.5    Like-Kind Exchange 

Either Party may structure the transaction contemplated hereby as, or as part of, a tax-deferred, like-kind exchange
(“Exchange”), including with a third party, pursuant to Section 1031 of the Code. In connection therewith, each Party, at its option, may assign its right in, and delegate its duties (in part or in whole) under, this Agreement,
as well as the transfer of interests in any newly formed title holding entity or any cash consideration, as applicable, to a “qualified intermediary,” as defined in Section 1.1031 (k)-1 of the regulations promulgated under the Code,
or another person selected by such Party (“Accommodator”), to accomplish the Exchange. In such event, the other Party agrees to cooperate with the first Party in connection with the exchange, including the execution of documents
(including escrow instructions and amendments to escrow instructions) in connection therewith, provided that the other Party shall in no way be obligated to pay any charges incurred with respect to the first Party’s replacement property in the
Exchange or to take title to the first Party’s replacement property. In addition, each Party will cooperate with the other Party in a manner similar to that described above in this paragraph to effect a “reverse like-kind exchange” as
requested by the first Party, provided that such Party may make such assignment, delegation or transfer described above to an “exchange accommodation title holder,” as defined in Revenue Procedure 2000-37, selected by such Party as
Accommodator 

  
 13 

 
to accomplish the Exchange, all subject to the limitations described above. Neither Party shall be required to make any representations or warranties, assume any obligations, spend any
out-of-pocket sum, or acquire title to any other property in connection with an exchange involving an Accommodator selected by the other Party. None of the representations, warranties, covenants, indemnification obligations or other agreements of
the Parties hereunder shall be affected by any assignment to an Accommodator contemplated by this Section 5.5. Notwithstanding any other provision of this Agreement, the provisions of this Section 5.5 shall survive the Closing without
limitation. 
 Section 5.6    Allocation of Purchase Price for Tax Purposes 

The Parties shall agree, as soon as practicable (taking into account any applicable regulatory requirements) and no later than 10 Business
Days prior to the Closing Date (such date on which the Parties reach such agreement, the “Allocation Date”), upon an allocation of the Purchase Price among the VZW Licenses, prepared in accordance with Section 1060 of the Code
and the Treasury Regulations thereunder (the “Section 1060 Allocation”). The Parties agree to amend the Section 1060 Allocation as necessary to reflect any adjustments in consideration agreed upon, or payments made, after the
Allocation Date. Each Party agrees to file, and to cause its Affiliates to file, their income tax returns and all other tax returns and necessary forms in a manner consistent with this allocation. 

ARTICLE 6 
 CONDITIONS TO
CLOSING 
 Section 6.1    Conditions to the Obligations of the T-Mobile Parties 

The obligation of the T-Mobile Parties to consummate the transaction contemplated by this Agreement is subject to the satisfaction on or prior
to the Closing Date of each of the following conditions, unless waived in writing by T-Mobile: 
 (a) The FCC Consent shall have been
obtained by one or more FCC Orders, free of any conditions that are materially adverse to the business of the T-Mobile Parties and their Affiliates or that would reasonably be expected to have a material adverse effect on the VZW Licenses (taken as
a whole), except for conditions on any VZW License that are generally applicable to 700 MHz A Block licenses. Any spectrum divestiture conditions set forth in one or more FCC Orders approving the transaction contemplated by this Agreement, which
conditions arise out of or are in connection with a separate strategic transaction entered into prior to the Closing Date by any of the T-Mobile Parties and/or their Affiliates, shall be deemed (i) not to be materially adverse to the business
of the T-Mobile Parties and their Affiliates, and (ii) not to reasonably be expected to have a material adverse effect on the VZW Licenses (taken as a whole). 

(b) All of the representations and warranties of VZW contained in this Agreement shall have been true and correct as of the date of this
Agreement and shall be true and correct on the Closing Date as if made on the Closing Date (except where such representation or warranty speaks as of a specific date), without regard to materiality qualifiers contained in such representations and
warranties and without giving effect to any updated information disclosed by VZW to the T-Mobile Parties pursuant to Section 5.3(d), in each case with only such exceptions as have not had a material adverse effect on the VZW Licenses (taken as
a whole), the use thereof or the ability of VZW to consummate the transaction contemplated hereby. 

  
 14 

 (c) VZW shall have performed and complied in all material respects with all covenants and
agreements required by this Agreement to be performed or complied with by it prior to or at the Closing. 
 (d) T-Mobile shall have received
a certificate from VZW, dated as of the Closing Date, certifying that the conditions specified in Section 6.1(b) and Section 6.1(c) have been fulfilled. 

(e) No award, order, writ, decree, injunction or judgment by any arbitrator or Governmental Authority shall be in effect that enjoins or
prohibits the consummation of the transaction contemplated hereby. 
 (f) Any applicable waiting period under the HSR Act relating to the
transaction contemplated by this Agreement shall have expired or been terminated. 
 (g) VZW shall have discontinued all of its operations
on and uses of the spectrum covered by the VZW Licenses. 
 (h) The Interoperability Order shall be in full force and effect and shall not
be suspended, revoked or cancelled. Neither the FCC nor any Subject Party shall have taken any action, or failed to take any action, that would reasonably be expected to result in the materially adverse modification of the Interoperability Order in
a manner that would be inconsistent with the voluntary industry agreement contemplated by the Interoperability Order. All FCC license modifications contemplated by the Interoperability Order shall have been made and all FCC Rules changes set forth
in the Interoperability Order shall have taken effect. 
 Section 6.2    Conditions to the Obligations of
VZW 
 The obligation of VZW to consummate the transaction contemplated by this Agreement is subject to the satisfaction on or prior to
the Closing Date of each of the following conditions, unless waived in writing by VZW: 
 (a) The FCC Consent shall have been obtained by
one or more FCC Orders, free of any conditions that are materially adverse to the business of VZW and its Affiliates. 
 (b) All of the
representations and warranties of the T-Mobile Parties contained in this Agreement shall have been true and correct as of the date of this Agreement and shall be true and correct on the Closing Date as if made on the Closing Date (except where such
representation or warranty speaks as of a specific date), without regard to materiality qualifiers contained in such representations and warranties and without giving effect to any updated information disclosed by the T-Mobile Parties to VZW
pursuant to Section 5.3(d), in each case with only such exceptions as have not had a material adverse effect on the ability of the T-Mobile Parties to consummate the transaction contemplated hereby. 

  
 15 

 (c) The T-Mobile Parties shall have performed and complied in all material respects with all
covenants and agreements required by this Agreement to be performed or complied with by any of them prior to or at the Closing. 
 (d) VZW
shall have received a certificate from the T-Mobile Parties, dated as of the Closing Date, certifying that the conditions specified in Section 6.2(b) and Section 6.2(c) have been fulfilled. 

(e) No award, order, writ, decree, injunction or judgment by any arbitrator or Governmental Authority shall be in effect that enjoins or
prohibits the consummation of the transaction contemplated hereby. 
 (f) Any applicable waiting period under the HSR Act relating to the
transaction contemplated by this Agreement shall have expired or been terminated. 
 ARTICLE 7 

TERMINATION 

Section 7.1    Termination 

(a) This Agreement may be terminated before the Closing Date only as follows: 

(i) by mutual consent of the Parties or by either Party if the Closing is prohibited by change in law; 

(ii) by T-Mobile, at any time if (x) any of VZW’s representations and warranties contained in this Agreement were not
true and correct as of the date hereof, and such failure would result in the failure of VZW to meet the conditions set forth in Section 6.1(b); (y) any of VZW’s representations and warranties contained in this Agreement fails to be
true and correct as of the Closing Date, and such failure would result in the failure of VZW to meet the conditions set forth in Section 6.1(b) and is not reasonably capable of being cured by the Outside Date; or (z) VZW fails to comply
with any of its covenants or obligations set forth herein, and such failure to comply would result in the failure of the condition set forth in Section 6.1(c), provided that T-Mobile shall have given VZW written notice of such failure and VZW
shall not have cured such failure within 30 days after receipt of such notice; 
 (iii) by VZW, at any time if (x) any
of the T-Mobile Parties’ representations and warranties contained in this Agreement were not true and correct as of the date hereof, and such failure would result in the failure of the T-Mobile Parties to meet the conditions set forth in
Section 6.2(b); (y) any of the T-Mobile Parties’ representations and warranties contained in this Agreement fails to be true and correct as of the Closing Date, and such failure would result in the failure of the T-Mobile Parties to
meet the conditions set forth in Section 6.2(b) and is not reasonably capable of being cured by the Outside Date; or (z) the T-Mobile Parties fail to comply with any of their covenants or obligations set forth herein, and such failure to
comply would result in the failure of the condition set forth in Section 6.2(c), provided that VZW shall have given the T-Mobile Parties written notice of such failure and the T-Mobile Parties shall not have cured such failure within 30 days
after receipt of such notice; 

  
 16 

 (iv) by either Party if the Closing does not occur by the date that is 18 months
after the date of this Agreement (the “Outside Date”) and the failure of the Closing to occur by the Outside Date does not result in whole or in part from a breach by the terminating Party of its obligations hereunder; 

(v) by either Party if the consummation of the transaction contemplated hereby shall be prohibited by a final, non-appealable
order, decree or injunction of a court of competent jurisdiction; or 
 (vi) by T-Mobile if the condition set forth in
Section 6.1(h) becomes untrue and is not reasonably capable of becoming satisfied by the Outside Date. 
 (b) In the event of the
termination of this Agreement pursuant to the provisions of Section 7.1(a), this Agreement shall become void and have no effect, without any liability on the part of any of the Parties or their partners, shareholders, members, directors or
officers in respect of this Agreement; provided that (i) nothing herein shall relieve any Party from any Liability resulting from or arising out of any breach by such Party of this Agreement, and (ii) this Section 7.1(b) and
Article 9 shall survive termination of this Agreement for any reason (it being understood that the survival of Section 9.11 shall not preclude a Party’s expenses from being included in damages for a breach of this Agreement by the other
Party). 
 ARTICLE 8 

SURVIVAL AND INDEMNIFICATION 

Section 8.1    Survival 

All representations and warranties made by the Parties in this Agreement shall survive for a period lasting 18 months after the Closing,
except that (a) any intentional misrepresentation shall survive Closing indefinitely, (b) the representations contained in Sections 3.1, 3.2, 3.3, 3.4 and 3.6(a) and Sections 4.1, 4.2, 4.3 and 4.4 shall survive the Closing until the
expiration of the statute of limitations applicable thereto, or indefinitely if there is no applicable statute of limitations, and (c) Sections 3.6(e), 3.6(g) and 3.6(i) shall survive the Closing indefinitely. Any claim by a Party based upon
breach of any such representation or warranty made pursuant to Section 8.2 or otherwise must be submitted to the other Party prior to the expiration of the applicable survival period. 

Section 8.2    General Indemnification Obligation 

(a) From and after the Closing, each Party (the “Indemnifying Party”) agrees to indemnify and hold harmless the other Party
(i.e., each of the T-Mobile Parties or VZW, as the case may be) and its Affiliates, and its and their respective shareholders, partners, directors, officers, members, managers, agents, employees, successors and assigns (each, an
“Indemnified Party”) against and in respect of any and all damages, losses, deficiencies, liabilities, assessments, fines, judgments, costs and other expenses (including reasonable legal fees and expenses and reasonable expenses of
investigation) (“Losses”) incurred or suffered by any 

  
 17 

 
Indemnified Party, whether such Losses relate to claims, actions or causes of action asserted by any Indemnified Party against the Indemnifying Party or asserted by third parties, that result
from, relate to or arise out of: 
 (i) any inaccuracy in or breach of the representations and warranties made by the
Indemnifying Party herein or in any certificate delivered pursuant hereto; 
 (ii) any nonfulfillment or breach by the
Indemnifying Party of any of the covenants or agreements made by the Indemnifying Party herein; and 
 (iii) any and all
claims made by third parties that arise out of, are based upon or allege any such breach, inaccuracy or nonfulfillment or that are inconsistent with the accuracy of any such representation or warranty or the fulfillment of any such agreement or
covenant. 
 (b) From and after the Closing, VZW as Indemnifying Party agrees to indemnify and hold harmless the T-Mobile Parties and their
Affiliates, and the T-Mobile Parties’ and their Affiliates’ respective shareholders, partners, directors, officers, agents, employees, successors and assigns, as Indemnified Parties, against and in respect of any and all Losses incurred or
suffered by any such Indemnified Party that result from, relate to or arise out of: (i) the ownership and use by VZW or its Affiliates of the VZW Licenses prior to the Closing; or (ii) any Liabilities of VZW or its Affiliates. 

(c) From and after the Closing, the T-Mobile Parties (jointly and severally, acting as a single Party) as Indemnifying Party agree to
indemnify and hold harmless VZW and its Affiliates, and VZW’s and its Affiliates’ respective shareholders, partners, directors, officers, members, managers, agents, employees, successors and assigns, as Indemnified Parties, against and in
respect of any and all Losses incurred or suffered by any such Indemnified Party that result from, relate to or arise out of: (i) the ownership and use by T-Mobile License or other T-Mobile Affiliates of the VZW Licenses after the Closing; or
(ii) any Liabilities of the T-Mobile Parties or their Affiliates. 
 Section 8.3    Limitations 

(a) VZW shall not be liable for any inaccuracy in or breach of representation and warranty pursuant to Section 8.2(a)(i) unless the
aggregate amount of all Losses of the Indemnified Parties for all such inaccuracies or breaches exceeds $10,000,000 (the “Deductible”), in which case VZW shall only be liable to the T-Mobile Indemnified Parties for Losses in excess of the
Deductible; provided however that the Deductible shall not be applicable with respect to inaccuracies in or breaches of the representations and warranties set forth in Sections 3.6(a) and 3.6(g). In no event shall VZW’s aggregate liability
under Section 8.2(a)(i) exceed $2.365 billion. 
 (b) The T-Mobile Parties shall not be liable for any inaccuracy in or breach of
representation and warranty pursuant to Section 8.2(a)(i) unless the aggregate amount of all Losses of the Indemnified Parties for all such inaccuracies or breaches exceeds the amount of the Deductible, in which case the T-Mobile Parties shall
only be liable to the VZW Indemnified Parties for Losses in excess of the Deductible. In no event shall the T-Mobile Parties’ aggregate liability under Section 8.2(a)(i) exceed $0.5 billion. 

  
 18 

 (c) Notwithstanding any other provisions of this Agreement, in no event shall any Party be liable
for any Losses that are consequential, exemplary or punitive, or otherwise not constituting actual direct Losses, regardless of the theory of recovery, provided that this Section 8.3(c) shall not apply to (i) any intentional or willful
misrepresentations or any breaches of covenants or agreements by any Party, or (ii) any damages that are payable to third parties pursuant to a final, non-appealable order. 

(d) The amount of any Losses for which an Indemnified Party claims indemnification under this Agreement shall be reduced by: (i) any
insurance proceeds actually received by the Indemnified Party with respect to such Losses, and (ii) any indemnification or reimbursement payments actually received by the Indemnified Party from third parties (other than insurers) with respect
to such Losses. 
 (e) If the Indemnified Party receives any payment from an Indemnifying Party in respect of any Losses pursuant to
Section 8.2 and the Indemnified Party could have recovered all or a part of such Losses from a third party (a “Potential Contributor”) based on the underlying claim asserted against the Indemnified Party, the Indemnifying Party
shall be subrogated to, and the Indemnified Party shall assign to the Indemnifying Party, such of the Indemnified Party’s rights to proceed against the Potential Contributor as are necessary to permit the Indemnifying Party to seek recovery
from the Potential Contributor of the amount of such payment. 
 (f) VZW acknowledges and agrees that the VZW Licenses are unique and that,
prior to Closing, remedies at law, including monetary damages, will be inadequate in the event of a breach by it in the performance of its obligations under this Agreement. Accordingly, VZW agrees that in the event of any such breach, the T-Mobile
Parties shall be entitled to a decree of specific performance pursuant to which VZW is ordered to affirmatively carry out its pre-Closing and Closing obligations under this Agreement, subject to the conditions of this Agreement. The foregoing shall
not be deemed to be or construed as a waiver or election of remedies by the T-Mobile Parties, and the T-Mobile Parties expressly reserve any and all rights and remedies available to them at law or in equity in the event of any breach or default by
VZW under this Agreement. 
 Section 8.4    Indemnification Procedures 

(a) In the event that any claim or demand for which the Indemnifying Party would be liable to an Indemnified Party under this ARTICLE 8 is
asserted against or sought to be collected from an Indemnified Party by a third party, the Indemnified Party shall give notice of such claim or demand promptly to the Indemnifying Party, which notice(s) shall specify the nature of such claim or
demand in reasonable detail and the amount or the estimated amount thereof to the extent then feasible (the “Claim Notice”) and shall attach to such Claim Notice copies of any applicable summonses, complaints, pleadings, written
claims, demands, notices, correspondence or other documents evidencing or supporting such claim. The Indemnifying Party shall have 20 Business Days from the receipt of the Claim Notice in accordance with Section 9.5 (the “Notice
Period”) to notify the Indemnified Party whether or not the Indemnifying Party desires, at its sole cost and expense, to defend the Indemnified Party against such claim or demand. 

  
 19 

 (b) If the Indemnifying Party notifies the Indemnified Party within the Notice Period that it
desires to defend the Indemnified Party against such claim or demand, the Indemnifying Party shall have the right to defend the Indemnified Party by appropriate proceedings, which proceedings shall be promptly settled or prosecuted by the
Indemnifying Party to a final conclusion; provided, however, that the Indemnifying Party shall not, without the prior written consent of the Indemnified Party (which shall not be unreasonably withheld or delayed), consent to the entry of any
judgment against the Indemnified Party or enter into any settlement or compromise that (i) does not include, as an unconditional term thereof, the giving by the claimant or plaintiff to the Indemnified Party of a release, in form and substance
reasonably satisfactory to the Indemnified Party, from all liability in respect of such claim or litigation, or (ii) includes terms and conditions that, in the reasonable judgment of the Indemnified Party, impose any burden, restraint, cost,
liability, duty or other obligation on the Indemnified Party. The Indemnified Party shall make available to the Indemnifying Party and its agents and representatives all records, documents, information, data and other materials which may be
reasonably required in the defense of such third party claim, and shall otherwise cooperate with and assist the Indemnifying Party in its defense of the claim. If the Indemnified Party desires to participate in, but not control, any such defense or
settlement, it may do so at its sole cost and expense. In no event shall the Indemnifying Party be liable for the expenses of more than one separate law firm (excluding local counsel) for all Indemnified Parties with respect to any claim or demand
or series of related claims or demands hereunder. 
 (c) Any claim or demand for which an Indemnified Party seeks indemnification under this
ARTICLE 8 may be settled by the Indemnified Party only with the prior written consent of the Indemnifying Party (which consent shall not be unreasonably withheld or delayed). The amount of any settlement so approved shall be conclusively deemed to
be a liability of the Indemnifying Party hereunder if it is determined that the Indemnifying Party has liability for such claim or demand. 

(d) In the event an Indemnified Party has a claim against the Indemnifying Party hereunder that does not involve a claim or demand being
asserted against or sought to be collected from it by a third party, the Indemnified Party shall promptly send a Claim Notice with respect to such claim to the Indemnifying Party. 

(e) The failure of the Indemnified Party to give the Indemnifying Party a Claim Notice in accordance with the requirements of this ARTICLE 8
shall not relieve the Indemnifying Party from any liability in respect of such claim, demand or action under this ARTICLE 8, except to the extent of any prejudice or damages to the Indemnifying Party as a result thereof. 

Section 8.5    Treatment of Payments 

Any payment made pursuant to the indemnification obligations arising under Section 8.2 shall be treated as an adjustment to the purchase
price to the extent permitted under applicable law. 

  
 20 

 Section 8.6    Exclusive Remedy 

Following the Closing, the Parties acknowledge and agree that the indemnification rights of the Parties and their Affiliates under this
ARTICLE 8 are their exclusive remedy with respect to any and all claims arising out of or in relation to this Agreement and the Transaction Documents, provided that the foregoing shall not limit any Party’s equitable remedies or any
Party’s rights or remedies based on fraud. 
 ARTICLE 9 

MISCELLANEOUS 

Section 9.1    Assignment 

(a) This Agreement shall be binding upon and inure to the benefit of the Parties hereto and their successors and permitted assigns. The rights
and obligations of either Party under this Agreement shall not be assignable by such Party without the written consent of the other Party, except as otherwise provided in this Section 9.1. 

(b) Either Party may assign all or a portion of its rights and obligations hereunder to an Accommodator as provided in Section 5.5. 

(c) T-Mobile License may assign all or a portion of its rights hereunder to receive the VZW Licenses to one or more Affiliates of T-Mobile or
any successor to all or substantially all of T-Mobile’s business by way of merger, consolidation, liquidation, purchase of assets of T-Mobile or other form of acquisition or other form of reorganization; provided that, (i) the T-Mobile
Parties furnish VZW with reasonably satisfactory assurance of performance of this Agreement by such assignee, transferee or delegee, (ii) the assignment, transfer or delegation will not prevent or delay by more than an immaterial period of time
the FCC’s approval of the transaction contemplated hereby or the expiration of the waiting period under the HSR Act, and (iii) no such assignment, transfer or delegation shall relieve either of the T-Mobile Parties or any successor in
interest of either of the T-Mobile Parties of any of its obligations to VZW hereunder. 
 (d) VZW may assign, transfer or delegate its
obligations hereunder to convey any of the VZW Licenses at Closing to any Affiliate of VZW, or to any successor to all or substantially all of VZW’s business, including by way of merger, consolidation, liquidation, purchase of assets of VZW or
other form of acquisition or other form of reorganization; provided that, (i) VZW furnish the T-Mobile Parties with reasonably satisfactory assurance of performance of this Agreement by such assignee, transferee or delegee, (ii) the
assignment, transfer or delegation will not prevent or delay by more than an immaterial period of time the FCC’s approval of the transaction contemplated hereby or the expiration of the waiting period under the HSR Act, and (iii) no such
assignment, transfer or delegation shall relieve VZW or any successor in interest of VZW of any of its obligations to the T-Mobile Parties hereunder. 

Section 9.2    Further Assurances 

Each Party will cooperate with the other Party and execute and deliver to the other Party such other instruments and documents and take such
other actions as may be reasonably requested from time to time by the other Party as necessary to carry out, evidence and confirm the intended purposes of this Agreement. 

  
 21 

 Section 9.3    Entire Agreement; Amendment 

(a) This Agreement, including its Schedules and Exhibits, which are specifically incorporated herein, together with the NDA, set forth the
entire understanding of the Parties hereto with respect to the transaction contemplated hereby and supersede any and all previous agreements and understandings, oral or written, between or among the Parties regarding the transaction contemplated
hereby. 
 (b) This Agreement shall not be amended or modified except by written instrument duly executed by both Parties hereto. 

Section 9.4    Waiver 

No waiver of any term or provision of this Agreement shall be effective unless in writing, signed by the Party against whom enforcement of the
same is sought. The grant of a waiver in one instance does not constitute a continuing waiver in all similar instances. No failure by any Party to exercise, and no delay by any Party in exercising, any right, remedy, power or privilege hereunder
shall operate as a waiver thereof. 
 Section 9.5    Notices 

Any notice, request, demand, waiver, consent, approval or other communication that is required or permitted hereunder shall be in writing and
shall be deemed given only if delivered personally or sent by registered or certified mail or by Federal Express or other overnight mail service, postage prepaid, or by fax, with written confirmation, as follows: 

If to the T-Mobile Parties (or any of them), to: 

T-Mobile USA, Inc. 
 12920 SE 38th Street 
 Bellevue, Washington 98006 

Attention: General Counsel 

Phone: (425) 383-4000 

Fax: (425) 383-7040 
 with
a required copy (which shall not itself constitute proper notice) to: 
 T-Mobile USA, Inc. 

12920 SE 38th Street 

Bellevue, Washington 98006 

Attention: Senior Vice President Corporate Development 

Phone: (425) 383-4000 

Fax: (425) 383-7040 

  
 22 

 If to VZW, to: 

Cellco Partnership 
 One Verizon
Way, VC52S220 
 Basking Ridge, NJ 07920 

Attention: Philip Junker 

                 Executive Director – Property
Planning and Acquisitions 
 Fax: (908) 559-3524 

with a required copy (which shall not itself constitute proper notice) to: 

Cellco Partnership 
 One Verizon
Way, VC52S432 
 Basking Ridge, NJ 07920 

Attention: Steven B. Jackman, Esq. 

Fax: (908) 559-7126 
 or to such other
address or facsimile number as the addressee may have specified in a notice duly given to the sender as provided herein. Such notice, request, demand, waiver, consent, approval or other communication will be deemed to have been given as of the date
so delivered. 
 Section 9.6    Governing Law 

This Agreement shall be governed by and interpreted and enforced in accordance with the laws of the State of New York without reference to any
of its choice of law rules that would cause the laws of any other jurisdiction to apply. In connection with any controversy arising out of or related to this Agreement, the Parties hereby irrevocably consent to the jurisdiction of the United States
District Court for the Southern District of New York, if a basis for federal court jurisdiction is present, and, otherwise, in the state courts of the State of New York. Each of the Parties irrevocably consents to service of process out of the
aforementioned courts and waives any objection which it may now or hereafter have to the laying of venue of any action or proceeding arising out of or in connection with this Agreement brought in the aforementioned courts and hereby further
irrevocably waives and agrees not to plead or claim in such courts that any such action or proceeding brought in such courts has been brought in an inconvenient forum. 

Section 9.7    No Benefit to Others 

The representations, warranties, covenants and agreements contained in this Agreement are for the sole benefit of the Parties hereto and, in
the case of ARTICLE 8, the other Indemnified Parties, and their heirs, executors, administrators, legal representatives, successors and assigns, and they shall not be construed as conferring any rights on any other Persons. 

Section 9.8    Headings, Gender, “Person,” and “including” 

All section headings contained in this Agreement are for convenience of reference only, do not form a part of this Agreement and shall not
affect in any way the meaning or interpretation of this Agreement. Unless otherwise specified, any reference herein to a Section, Article, Schedule or Exhibit shall be a reference to such Section or Article of, or Schedule or

  
 23 

 
Exhibit to, this Agreement. Words used herein, regardless of the number and gender specifically used, shall be deemed and construed to include any other number, singular or plural, and any other
gender, masculine, feminine, or neuter, as the context requires. Any reference to a “Person” herein shall include an individual, firm, corporation, partnership, limited liability company, trust, governmental authority or body, association,
unincorporated organization or any other entity. Whenever used in this Agreement, the word “including,” and variations thereof, even when not modified by the phrase “but not limited to” or “without limitation,” shall
not be construed to imply any limitation and shall mean “including but not limited to.” 

Section 9.9    Severability 

Any provision of this Agreement that is invalid or unenforceable in any jurisdiction shall be ineffective to the extent of such invalidity or
unenforceability without invalidating or rendering unenforceable the remaining provisions hereof, and such invalidity or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provisions in any other jurisdiction.
Moreover, the Parties agree that the invalid or unenforceable provision shall be enforced to the maximum extent permitted by law in accordance with the intention of the Parties as expressed by such provision. 

Section 9.10    Counterparts, Facsimile and Electronic Signatures 

This Agreement may be executed in any number of counterparts and any Party hereto may execute any such counterpart, each of which when
executed and delivered shall be deemed to be an original and all of which counterparts taken together shall constitute but one and the same instrument. This Agreement shall become binding when one or more counterparts taken together shall have been
executed and delivered by all of the Parties. It shall not be necessary in making proof of this Agreement or any counterpart hereof to produce or account for any of the other counterparts. The Parties intend to sign and deliver this Agreement by
facsimile transmission or by electronic transmission in portable document format (“PDF”). Each Party agrees that the delivery of this Agreement by facsimile or PDF shall have the same force and effect as delivery of original
signatures and that each Party may use such facsimile or PDF signatures as evidence of the execution and delivery of this Agreement by all Parties to the same extent that an original signature could be used. 

Section 9.11    Expenses 

Each Party shall pay its own expenses incidental to the preparation of this Agreement, the carrying out of the provisions of this Agreement
and the consummation of the transaction contemplated hereby. Without limiting the generality of the foregoing, each Party shall pay the total filing fee payable by it as an “acquiring person” in connection with the filing of the HSR
Notice, and each Party shall bear its own other expenses incurred in connection with such filing. This Section shall survive termination of this Agreement, and shall apply irrespective of whether the Closing occurs, except as provided in
Section 7.1(b). 
 Section 9.12    Construction of “VZW License” 

Notwithstanding anything herein to the contrary, unless the context otherwise requires, all representations, warranties, covenants and
agreements contained herein that are specified to 

  
 24 

 
apply to a “VZW License” shall be deemed to be made both with respect to such license taken as a whole and with respect to any portion of such license. For example, and without limiting
the generality of the foregoing, a representation by VZW that no event has occurred that permits revocation of any “VZW License” would be deemed to include a representation that no event has occurred that permits revocation of any portion
of any VZW License. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 25 

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

									
	 T-MOBILE USA, INC.
	  		  	 CELLCO PARTNERSHIP D/B/A VERIZON

WIRELESS

					
	 By:
	 	 /s/ J. Braxton Carter
	  		  	By:	 	 /s/ Daniel S. Mead

	 Name:
	 	J. Braxton Carter	  		  	Name:	 	Daniel S. Mead
	 Title:
	 	Executive Vice President and Chief Financial Officer	  		  	Title:	 	President and Chief Executive Officer
				
	 T-MOBILE LICENSE LLC
	  		  		 	
					
	 By:
	 	 /s/ J. Braxton Carter
	  		  		 	
	 Name:
	 	J. Braxton Carter	  		  		 	
	 Title:
	 	Executive Vice President and Chief Financial Officer	  		  		 	

 SCHEDULE A 

VZW Licenses 
  

									
	 FCC Call
Sign
	  	 Market Number – Market Name
	  	 Service/Block
	  	 MHz
	  	 Licensee

	WQJQ696	  	BEA010 - New York-North New Jersey-Long Island, NY-NJ-CT-PA-MA-VT	  	700 MHz A	  	 698-704
 728-734
	  	Cellco Partnership
	WQJQ697	  	BEA012 - Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD	  	700 MHz A	  	 698-704
 728-734
	  	Cellco Partnership
	WQJQ699	  	BEA030 - Orlando, FL	  	700 MHz A	  	 698-704
 728-734
	  	Cellco Partnership
	WQJQ700	  	BEA031 - Miami-Fort Lauderdale, FL	  	700 MHz A	  	 698-704
 728-734
	  	Cellco Partnership
	WQJQ703	  	BEA049 - Cincinnati-Hamilton, OH-KY-IN	  	700 MHz A	  	 698-704
 728-734
	  	Cellco Partnership
	WQJQ705	  	BEA057 - Detroit-Ann Arbor-Flint, MI	  	700 MHz A	  	 698-704
 728-734
	  	Cellco Partnership
	WQJQ708	  	BEA067 - Indianapolis, IN-IL	  	700 MHz A	  	 698-704
 728-734
	  	Cellco Partnership
	WQJQ709	  	BEA099 - Kansas City, MO-KS	  	700 MHz A	  	 698-704
 728-734
	  	Cellco Partnership
	WQJQ710	  	BEA107 - Minneapolis-St. Paul, MN-WI-IA	  	700 MHz A	  	 698-704
 728-734
	  	Cellco Partnership
	WQJQ713	  	BEA130 - Austin-San Marcos, TX	  	700 MHz A	  	 698-704
 728-734
	  	Cellco Partnership
	WQJQ715*	  	BEA134 - San Antonio, TX	  	700 MHz A	  	 698-704
 728-734
	  	Cellco Partnership
	WQJQ716	  	BEA141 - Denver-Boulder-Greeley, CO-KS-NE	  	700 MHz A	  	 698-704
 728-734
	  	Cellco Partnership
	WQJQ717	  	BEA160 - Los Angeles-Riverside-Orange County, CA-AZ	  	700 MHz A	  	 698-704
 728-734
	  	Cellco Partnership
	WQJQ718	  	BEA162 - Fresno, CA	  	700 MHz A	  	 698-704
 728-734
	  	Cellco Partnership
	WQJQ720	  	BEA164 - Sacramento-Yolo, CA	  	700 MHz A	  	 698-704
 728-734
	  	Cellco Partnership

  

	*	This license has already been partitioned. 

  
 A-1EX-10.1

 Exhibit 10.1 

AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT 

THIS AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of December 31, 2013 (the
“Effective Date”) between SILICON VALLEY BANK, a California corporation (“Bank”), and IGNYTA OPERATING, INC., a Delaware corporation (f/k/a Ignyta, Inc. and NexDx, Inc.,
“Ignyta”), and IGNYTA, INC., a Nevada corporation (f/k/a Infinity Oil & Gas Company, “Parent” and together with Ignyta, individually and collectively, jointly and severally,
“Borrower”), provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank. The parties agree as follows: 

Recitals 
 A. Bank and
Ignyta have entered into that certain Loan and Security Agreement dated as of June 25, 2012 (as amended from time to time, the “Prior Loan Agreement”). 

B. Borrower has requested, and Bank has agreed, to replace, amend and restate the Prior Loan Agreement in its entirety. Bank and Borrower
hereby agree that the Prior Loan Agreement is amended and restated in its entirety as follows: 
 1 ACCOUNTING AND OTHER TERMS 

Accounting terms not defined in this Agreement shall be construed following GAAP. Calculations and determinations must be made following GAAP.
Capitalized terms not otherwise defined in this Agreement shall have the meanings set forth in Section 13. All other terms contained in this Agreement, unless otherwise indicated, shall have the meanings provided by the Code to the extent such
terms are defined therein. 
 2 LOAN AND TERMS OF PAYMENT 

2.1 Promise to Pay. Borrower hereby unconditionally promises to pay Bank the outstanding principal amount of all Credit Extensions and
accrued and unpaid interest thereon as and when due in accordance with this Agreement. 
 2.1.1 Second Supplemental Growth Capital Term
Loan. 
 (a) Availability. Subject to the terms and conditions of this Agreement, Bank shall make one (1) term loan (the
“Second Supplemental Growth Capital Term Loan”) to Borrower on or about the Effective Date in the amount of Ten Million Dollars ($10,000,000). The Second Supplemental Growth Capital Term Loan shall be used, in part, to repay all
obligations with respect to the Growth Capital Term Loan and the Supplemental Growth Capital Advances under the Prior Loan Agreement, including, without limitation, payment of the Final Payment and the Supplemental Final Payment as set forth
thereunder. After repayment, the Second Supplemental Growth Capital Term Loan may not be reborrowed. 
 (b) Repayment. 

(i) Interest-Only Payments. Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of
the first (1st) month following the month in which the Funding Date occurs with respect to the Second Supplemental Growth Capital Term Loan and continuing thereafter during the Second Supplemental Interest-Only Period, on the first
(1st) Business Day of each successive month. 

 (ii) Principal and Interest Payments. For the amount of the Second Supplemental Growth
Capital Term Loan outstanding as of the last day of the Second Supplemental Interest-Only Period, Borrower shall make thirty-six (36) consecutive equal monthly payments of principal and accrued but unpaid interest commencing on the first
(1st) Business Day of the first (1st) month after the Second Supplemental Interest-Only Period (the “Second Supplemental Conversion Date”), in amounts that would fully amortize the Second Supplemental Growth Capital Term
Loan, as of the Second Supplemental Conversion Date, over the Second Supplemental Repayment Period. The Second Supplemental Final Payment and all unpaid principal and accrued and unpaid interest on the Second Supplemental Growth Capital Term Loan
are due and payable in full on the Second Supplemental Growth Capital Maturity Date. 
 (c) Mandatory Prepayment Upon an Acceleration.
If the Second Supplemental Growth Capital Term Loan is accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal and accrued but unpaid
interest, plus (ii) the Second Supplemental Prepayment Fee, plus (iii) the Second Supplemental Final Payment, plus (iv) all other sums that shall have become due and payable, including Bank Expenses, if any, and interest at the
Default Rate (if Bank so elects) with respect to any past due amounts. 
 (d) Voluntary Prepayment. Borrower shall have the option to
prepay the Second Supplemental Growth Capital Term Loan in full, provided Borrower (i) shall provide written notice to Bank of its election to prepay the Second Supplemental Growth Capital Term Loan at least ten (10) Business Days prior to
such prepayment and (ii) pays, on the date of such prepayment, an amount equal to the sum of (A) all outstanding principal and accrued but unpaid interest, plus (B) the Second Supplemental Prepayment Fee (which prepayment fee shall be
waived by Bank in the event that the Second Supplemental Growth Capital Term Loan is refinanced with Bank), plus (C) the Second Supplemental Final Payment, plus (D) all other sums that shall have become due and payable, including Bank
Expenses, if any, and interest at the Default Rate (if Bank so elects) with respect to any past due amounts. 
 2.2 Payment of Interest on
the Credit Extensions. 
 (a) Interest Rate. Subject to Section 2.2(b), the principal amount outstanding for the Second
Supplemental Growth Capital Term Loan shall accrue interest at a fixed per annum rate equal to the greater of (i) six and eighty-five-hundredths percent (6.85%) or (ii) the Basic Rate, fixed on the Funding Date of the Second
Supplemental Growth Capital Term Loan, which interest shall be payable monthly in accordance with Section 2.2(c). 
 (b) Default
Rate. Immediately upon the occurrence and during the continuance of an Event of Default, Obligations shall bear interest at a rate per annum which is five percentage points (5.0%) above the rate that is otherwise applicable thereto (the
“Default Rate”) unless Bank otherwise elects from time to time in its sole discretion to impose a smaller increase or to waive such increase. Fees and expenses which are required to be paid by 

  
 2 

 Borrower pursuant to the Loan Documents (including, without limitation, Bank Expenses) but are not paid when due
shall bear interest until paid at a rate equal to the highest rate applicable to the Obligations unless Bank elects otherwise. Payment or acceptance of the increased interest rate provided in this Section 2.2(b) is not a permitted alternative
to timely payment and shall not constitute a waiver of any Event of Default or otherwise prejudice or limit any rights or remedies of Bank. 

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

(a) Second Supplemental Final Payment. The Second Supplemental Final Payment, when due hereunder; 

(b) Second Supplemental Prepayment Fee. The Second Supplemental Prepayment Fee, when due hereunder (unless waived by Bank in the event
that the Second Supplemental Growth Capital Term Loan is refinanced with Bank); and 
 (c) Expenses. All Bank Expenses (except for
attorneys’ fees and expenses, for documentation and negotiation of this Agreement) incurred through and after the Effective Date, when due (or, if no stated due date, upon demand by Bank). Bank acknowledges receipt from Borrower of a good faith
deposit equal to Twenty Thousand Dollars ($20,000), which Bank shall apply to Bank Expenses on the Effective Date. 
 (d) Fees Fully
Earned. Unless otherwise provided in this Agreement or in a separate writing by Bank, Borrower shall not be entitled to any credit, rebate, or repayment of any fees earned by Bank pursuant to this Agreement notwithstanding any termination of
this Agreement or the suspension or termination of Bank’s obligation to make loans and advances hereunder. Bank may deduct amounts owing by Borrower under the clauses of this Section 2.3 pursuant to the terms of Section 2.4(c). Bank shall
provide Borrower written notice of deductions made from the Designated Deposit Account pursuant to the terms of the clauses of this Section 2.3. 

2.4 Payments; Application of Payments; Debit of Accounts. 

(a) All payments to be made by Borrower under any Loan Document shall be made in immediately available funds in Dollars, without setoff or
counterclaim, before 12:00 p.m. Pacific time on the date when due. Payments of principal and/or interest received after 12:00 p.m. Pacific time are considered received at the opening of business on the next Business Day. When a payment is due on a
day that is not a Business Day, the payment shall be due the next Business Day, and additional fees or interest, as applicable, shall continue to accrue until paid. 

  
 3 

 (b) Bank has the exclusive right to determine the order and manner in which all payments with
respect to the Obligations may be applied. Borrower shall have no right to specify the order or the accounts to which Bank shall allocate or apply any payments required to be made by Borrower to Bank or otherwise received by Bank under this
Agreement when any such allocation or application is not specified elsewhere in this Agreement. 
 (c) Bank may debit any of Borrower’s
deposit accounts held by Bank (and any of Borrower’s deposit accounts whether or not held at Bank) while an Event of Default has occurred and is continuing), including the Designated Deposit Account, for principal and interest payments or any
other amounts Borrower owes Bank when due. These debits shall not constitute a set-off. 
 2.5 Withholding. Payments received by Bank
from Borrower under this Agreement will be made free and clear of and without deduction for any and all present or future taxes, levies, imposts, duties, deductions, withholdings, assessments, fees or other charges imposed by any Governmental
Authority (including any interest, additions to tax or penalties applicable thereto). Specifically, however, if at any time any Governmental Authority, applicable law, regulation or international agreement requires Borrower to make any withholding
or deduction from any such payment or other sum payable hereunder to Bank, Borrower hereby covenants and agrees that the amount due from Borrower with respect to such payment or other sum payable hereunder will be increased to the extent necessary
to ensure that, after the making of such required withholding or deduction, Bank receives a net sum equal to the sum which it would have received had no withholding or deduction been required, and Borrower shall pay the full amount withheld or
deducted to the relevant Governmental Authority. Borrower will, upon request, furnish Bank with proof reasonably satisfactory to Bank indicating that Borrower has made such withholding payment; provided, however, that Borrower need not make any
withholding payment if the amount or validity of such withholding payment is contested in good faith by appropriate and timely proceedings and as to which payment in full is bonded or reserved against by Borrower. The agreements and obligations of
Borrower contained in this Section 2.5 shall survive the termination of this Agreement. 
 3 CONDITIONS OF LOANS 

3.1 Conditions Precedent to Initial Credit Extension. Bank’s obligation to make the initial Credit Extension is subject to the
condition precedent that Bank shall have received, in form and substance satisfactory to Bank, such documents, and completion of such other matters, as Bank may reasonably deem necessary or appropriate, including, without limitation: 

(a) duly executed original signatures to this Agreement; 

(b) the Operating Documents and long-form good standing certificates of Borrower and its Subsidiaries certified by the Secretary of State (or
equivalent agency) of Borrower’s and such Subsidiaries’ jurisdiction of organization or formation and each jurisdiction in which Borrower and each Subsidiary is qualified to conduct business, each as of a date no earlier than thirty
(30) days prior to the Effective Date; 

  
 4 

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

(d) certified copies, dated as of a recent date, of financing statement searches, as Bank may request, accompanied by written evidence
(including any UCC termination statements) that the Liens indicated in any such financing statements either constitute Permitted Liens, or have been, or in connection with the initial Credit Extension will be, terminated or released; 

(e) the Perfection Certificates executed by each Borrower; and 

(f) payment of the fees and Bank Expenses then due as specified in Section 2.3 hereof. 

3.2 Conditions Precedent to all Credit Extensions. Bank’s obligations to make each Credit Extension, including the initial Credit
Extension, are subject to the following conditions precedent: 
 (a) timely receipt of an executed Payment/Advance Form; 

(b) the representations and warranties in this Agreement shall be true, accurate, and complete in all material respects on the date of the
Payment/Advance Form and on the Funding Date of each Credit Extension; provided, however, that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text
thereof; and provided, further that those representations and warranties expressly referring to a specific date shall be true, accurate and complete in all material respects as of such date, and no Event of Default shall have occurred and be
continuing or result from the Credit Extension. Each Credit Extension is Borrower’s representation and warranty on that date that the representations and warranties in this Agreement remain true, accurate, and complete in all material respects;
provided, however, that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof; and provided, further that those representations and
warranties expressly referring to a specific date shall be true, accurate and complete in all material respects as of such date; and 
 (c)
Bank determines to its satisfaction that there has not been a Material Adverse Change. 
 3.3 Covenant to Deliver. Borrower agrees to
deliver to Bank each item required to be delivered to Bank under this Agreement as a condition precedent to any Credit Extension. Borrower expressly agrees that a Credit Extension made prior to the receipt by Bank of any such item shall not
constitute a waiver by Bank of Borrower’s obligation to deliver such item, and any such Credit Extension in the absence of a required item shall be made in Bank’s sole discretion. 

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

  
 5 

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

If this Agreement is terminated, Bank’s Lien in the Collateral shall continue until the Obligations (other than inchoate indemnity
obligations) are satisfied in full, and at such time, Bank shall, at Borrower’s sole cost and expense, terminate its security interest in the Collateral and all rights therein shall revert to Borrower. In the event (x) all Obligations
(other than inchoate indemnity obligations), except for Bank Services, are satisfied in full, and (y) this Agreement is terminated, Bank shall terminate the security interest granted herein upon Borrower providing cash collateral acceptable to
Bank in its good faith business judgment consistent with Bank’s then current practice for Bank Services, if any. In the event such Bank Services consist of outstanding Letters of Credit, Borrower shall provide to Bank cash collateral in an
amount equal to (x) if such Letters of Credit are denominated in Dollars, then at least one hundred five percent (105.0%); and (y) if such Letters of Credit are denominated in a Foreign Currency, then at least one hundred ten percent
(110.0%), of the Dollar Equivalent of the face amount of all such Letters of Credit plus all interest, fees, and costs due or to become due in connection therewith (as estimated by Bank in its good faith business judgment), to secure all of the
Obligations relating to such Letters of Credit. 
 4.2 Priority of Security Interest. Borrower represents, warrants, and covenants
that the security interest granted herein is and shall at all times continue to be a first priority perfected security interest in the Collateral (subject only to Permitted Liens that are permitted pursuant to the terms of this Agreement to have
superior priority to Bank’s Lien under this Agreement). If Borrower shall acquire a commercial tort claim, Borrower shall promptly notify Bank in a writing signed by Borrower of the general details thereof and grant to Bank in such writing a
security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to Bank. 

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

  
 6 

 5 REPRESENTATIONS AND WARRANTIES 

Borrower represents and warrants as follows: 

5.1 Due Organization, Authorization; Power and Authority. Borrower is duly existing and in good standing in its jurisdiction of
formation and is qualified and licensed to do business and is in good standing in any jurisdiction in which the conduct of its business or its ownership of property requires that it be qualified except where the failure to do so could not reasonably
be expected to have a material adverse effect on Borrower’s business. In connection with this Agreement, Borrower has delivered to Bank a completed certificate signed by Borrower, entitled “Perfection Certificate”. Borrower represents
and warrants to Bank that (a) Borrower’s exact legal name is that indicated on the Perfection Certificate and on the signature page hereof; (b) Borrower is an organization of the type, and is organized in the jurisdiction, set forth
in the Perfection Certificate; (c) the Perfection Certificate accurately sets forth Borrower’s organizational identification number or accurately states that Borrower has none; (d) the Perfection Certificate accurately sets forth
Borrower’s place of business, or, if more than one, its chief executive office as well as Borrower’s mailing address (if different than its chief executive office); (e) Borrower (and each of its predecessors) has not, in the past five
(5) years, changed its jurisdiction of formation, organizational structure or type, or any organizational number assigned by its jurisdiction; and (f) all other information set forth on the Perfection Certificate pertaining to Borrower and
each of its Subsidiaries is accurate and complete in all material respects (it being understood and agreed that Borrower may from time to time update certain information in the Perfection Certificate after the Effective Date to the extent permitted
by one or more specific provisions in this Agreement). If Borrower is not now a Registered Organization but later becomes one, Borrower shall promptly notify Bank of such occurrence and provide Bank with Borrower’s organizational identification
number. 
 The execution, delivery and performance by Borrower of the Loan Documents to which it is a party have been duly authorized, and
do not (i) conflict with any of Borrower’s organizational documents, (ii) contravene, conflict with, constitute a default under or violate any material Requirement of Law, (iii) contravene, conflict with or violate any applicable
order, writ, judgment, injunction, decree, determination or award of any Governmental Authority by which Borrower or any its Subsidiaries or any of their property or assets may be bound or affected, (iv) require any action by, filing,
registration, or qualification with, or Governmental Approval from, any Governmental Authority (except such Governmental Approvals that have already been obtained and are in full force and effect) or (v) conflict with, contravene, constitute a
default or breach under, or result in or permit the termination or acceleration of, any material agreement by which Borrower is bound. Borrower is not in default under any agreement to which it is a party or by which it is bound in which the default
could reasonably be expected to have a material adverse effect on Borrower’s business. 
 5.2 Collateral. Borrower has good title
to, rights in, and the power to transfer each item of the Collateral upon which it purports to grant a Lien hereunder, free and clear of any and all Liens except Permitted Liens. Borrower has no Collateral Accounts at or with any bank or financial
institution other than Bank or Bank’s Affiliates except for the Collateral Accounts described in the Perfection Certificate delivered to Bank in connection herewith and which Borrower has taken such actions as are necessary to give Bank a
perfected security interest therein, pursuant to the terms of Section 6.6(b). The Accounts are bona fide, existing obligations of the Account Debtors. 

  
 7 

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

All Inventory is in all material respects of good and marketable quality, free from material defects. 

Borrower is the sole owner of the Intellectual Property which it owns or purports to own except for (a) non-exclusive licenses granted to
its customers in the ordinary course of business, (b) over-the-counter software that is commercially available to the public, and (c) material Intellectual Property licensed to Borrower and noted on the Perfection Certificate. Each Patent
which it owns or purports to own and which is material to Borrower’s business is valid and enforceable, and no part of the Intellectual Property which Borrower owns or purports to own and which is material to Borrower’s business has been
judged invalid or unenforceable, in whole or in part. To the best of Borrower’s knowledge, no claim has been made that any part of the Intellectual Property violates the rights of any third party except to the extent such claim would not
reasonably be expected to have a material adverse effect on Borrower’s business. 
 Except as noted on the Perfection Certificate,
Borrower is not a party to, nor is it bound by, any Restricted License. 
 5.3 Litigation. There are no actions or proceedings pending
or, to the knowledge of any Responsible Officer, threatened in writing by or against Borrower or any of its Subsidiaries involving more than One Hundred Thousand Dollars ($100,000) individually or in the aggregate except as disclosed on
Borrower’s Current Report on Form 8-K/A dated and filed with the SEC December 9, 2013. 
 5.4 No Material Deviation in Financial
Statements. All consolidated financial statements for Borrower and any of its Subsidiaries delivered to Bank fairly present in all material respects Borrower’s consolidated financial condition and Borrower’s consolidated results of
operations. There has not been any material deterioration in Borrower’s consolidated financial condition since the date of the most recent financial statements submitted to Bank. 

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

5.6 Regulatory Compliance. Borrower is not an “investment company” or a company “controlled” by an “investment
company” under the Investment Company Act of 1940, as amended. Borrower is not engaged as one of its important activities in extending credit for margin stock (under Regulations X, T and U of the Federal Reserve Board of Governors). Borrower
(a) has complied in all material respects with all Requirements of Law, and (b) has not violated any Requirements of Law the violation of which could reasonably be expected to have a material adverse effect on its business. None of
Borrower’s or any of its Subsidiaries’ properties or assets has been used by Borrower or any Subsidiary or, to the best of Borrower’s knowledge, 

  
 8 

 
by previous Persons, in disposing, producing, storing, treating, or transporting any hazardous substance other than legally. Borrower and each of its Subsidiaries have obtained all consents,
approvals and authorizations of, made all declarations or filings with, and given all notices to, all Governmental Authorities that are necessary to continue their respective businesses as currently conducted except where the failure to do so could
not reasonably be expected to have a Material Adverse Change. 
 5.7 Subsidiaries; Investments. Borrower does not own any stock,
partnership, or other ownership interest or other equity securities except for Permitted Investments. 
 5.8 Tax Returns and Payments;
Pension Contributions. Borrower has timely filed all required tax returns and reports, and Borrower has timely paid all foreign, federal, state and local taxes, assessments, deposits and contributions owed by Borrower except (a) to the
extent such taxes are being contested in good faith by appropriate proceedings promptly instituted and diligently conducted, so long as such reserve or other appropriate provision, if any, as shall be required in conformity with GAAP shall have been
made therefor, or (b) if such taxes, assessments, deposits and contributions do not, individually or in the aggregate, exceed Ten Thousand Dollars ($10,000). 

To the extent Borrower defers payment of any contested taxes, Borrower shall (i) notify Bank in writing of the commencement of, and any
material development in, the proceedings, and (ii) post bonds or take any other steps required to prevent the Governmental Authority levying such contested taxes from obtaining a Lien upon any of the Collateral that is other than a
“Permitted Lien.” Borrower is unaware of any claims or adjustments proposed for any of Borrower’s prior tax years which could result in additional taxes becoming due and payable by Borrower in excess of Ten Thousand Dollars ($10,000).
Borrower has paid all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with their terms, and Borrower has not withdrawn from participation in, and has not permitted partial or complete
termination of, or permitted the occurrence of any other event with respect to, any such plan which could reasonably be expected to result in any liability of Borrower, including any liability to the Pension Benefit Guaranty Corporation or its
successors or any other governmental agency. 
 5.9 Use of Proceeds. Borrower shall use the proceeds of the Credit Extensions solely
as working capital to fund its general business requirements and not for personal, family, household or agricultural purposes. 
 5.10
Full Disclosure. No written representation, warranty or other statement of Borrower in any certificate or written statement given to Bank, as of the date such representation, warranty, or other statement was made, taken together with all such
written certificates and written statements given to Bank, contains any untrue statement of a material fact or omits to state a material fact necessary to make the statements contained in the certificates or statements not misleading (it being
recognized by Bank that the projections and forecasts provided by Borrower in good faith and based upon reasonable assumptions are not viewed as facts and that actual results during the period or periods covered by such projections and forecasts may
differ from the projected or forecasted results). 

  
 9 

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

Borrower shall do all of the following: 
 6.1
Government Compliance. 
 (a) Maintain its and all its Subsidiaries’ legal existence and good standing in their respective
jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have
each Subsidiary comply, in all respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business. 

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

6.2 Financial Statements, Reports, Certificates. Provide Bank with the following: 

(a) Quarterly Financial Statements. As soon as available, but no later than forty-five (45) days after the last day of
calendar quarters one through three and no later than ninety (90) days after the last day of calendar quarter four, a company prepared consolidated balance sheet and income statement covering Borrower’s consolidated operations for such
quarter certified by a Responsible Officer and in a form acceptable to Bank; 
 (b) Monthly Compliance Certificate. Within thirty
(30) days after the last day of each month, a duly completed Compliance Certificate signed by a Responsible Officer, certifying that as of the end of such month, Borrower was in full compliance with all of the terms and conditions of this
Agreement, and setting forth such other information as Bank may reasonably request; 
 (c) Annual Operating Budget and Financial
Projections. As soon as available, but no later than the earlier of (i) seven (7) days after approval by Borrower’s board of directors or (ii) sixty (60) days after the last day of Borrower’s fiscal year, annual
operating budgets (including income statements, balance sheets and cash flow statements, by quarter) for the upcoming fiscal year of Borrower; 

(d) Annual Audited Financial Statements. As soon as available, but no later than one hundred eighty (180) days after the last day
of Borrower’s fiscal year, audited consolidated financial statements prepared under GAAP, consistently applied, together with an unqualified opinion on the financial statements from an independent certified public accounting firm acceptable to
Bank in its reasonable discretion; 

  
 10 

 (e) Other Statements. Within five (5) days of delivery, copies of all statements,
reports and notices made available to Borrower’s security holders or to any holders of Subordinated Debt; 
 (f) SEC Filings. In
the event that Borrower becomes subject to the reporting requirements under the Exchange Act within five (5) days of filing, copies of all periodic and other reports, proxy statements and other materials filed by Borrower with the SEC, any
Governmental Authority succeeding to any or all of the functions of the SEC or with any national securities exchange, or distributed to its shareholders, as the case may be. Documents required to be delivered pursuant to the terms hereof (to the
extent any such documents are included in materials otherwise filed with the SEC) may be delivered electronically and if so delivered, shall be deemed to have been delivered on the date on which Borrower posts such documents, or provides a link
thereto, on Borrower’s website on the Internet at Borrower’s website address; 
 (g) Legal Action Notice. A prompt report of
any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000)
or more; and 
 (h) Other Financial Information. Other financial information reasonably requested by Bank. 

6.3 Inventory; Returns. Keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between
Borrower and its Account Debtors shall follow Borrower’s customary practices as they exist at the Effective Date. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims that involve more than One Hundred Thousand
Dollars ($100,000). 
 6.4 Taxes; Pensions. Timely file, and require each of its Subsidiaries to timely file, all required tax returns
and reports and timely pay, and require each of its Subsidiaries to timely pay, all foreign, federal, state and local taxes, assessments, deposits and contributions owed by Borrower and each of its Subsidiaries, except for deferred payment of any
taxes contested pursuant to the terms of Section 5.8 hereof, and shall deliver to Bank, on demand, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and deferred
compensation plans in accordance with their terms. 
 6.5 Insurance. 

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

  
 11 

 (b) Proceeds payable under any property policy are, at Bank’s option, payable to Bank on
account of the Obligations. Notwithstanding the foregoing, (a) so long as no Event of Default has occurred and is continuing, Borrower shall have the option of applying the proceeds of any casualty policy up to Fifty Thousand Dollars ($50,000)
with respect to any loss, but not exceeding One Hundred Thousand Dollars ($100,000) in the aggregate for all losses under all casualty policies in any one year, toward the replacement or repair of destroyed or damaged property; provided that any
such replaced or repaired property (i) shall be of equal or like value as the replaced or repaired Collateral and (ii) shall be deemed Collateral in which Bank has been granted a first priority security interest, and (b) after the
occurrence and during the continuance of an Event of Default, all proceeds payable under such casualty policy shall, at the option of Bank, be payable to Bank on account of the Obligations. 

(c) At Bank’s request, Borrower shall deliver certified copies of insurance policies and evidence of all premium payments. Borrower shall
use commercially reasonable efforts to cause each provider of any such insurance required under this Section 6.5 to agree, by endorsement upon the policy or policies issued by it or by independent instruments furnished to Bank, that it will
give Bank thirty (30) days prior written notice before any such policy or policies shall be materially altered or canceled (or ten (10) prior written notice in the case of cancelation for non-payment of premium). If Borrower fails to
obtain insurance as required under this Section 6.5 or to pay any amount or furnish any required proof of payment to third persons and Bank, Bank may make all or part of such payment or obtain such insurance policies required in this
Section 6.5, and take any action under the policies Bank deems prudent. 
 6.6 Operating Accounts. 

(a) Maintain its primary and its Subsidiaries’ primary operating and other deposit accounts and securities accounts with Bank and
Bank’s Affiliates, which accounts shall represent at least eighty-five percent (85%) of the dollar value of Borrower’s and such Subsidiaries’ accounts at all financial institutions. 

(b) Provide Bank five (5) days prior written notice before establishing any Collateral Account at or with any bank or financial
institution other than Bank or Bank’s Affiliates. For each Collateral Account that Borrower at any time maintains, Borrower shall cause the applicable bank or financial institution (other than Bank) at or with which any Collateral Account is
maintained to execute and deliver a Control Agreement or other appropriate instrument with respect to such Collateral Account to perfect Bank’s Lien in such Collateral Account in accordance with the terms hereunder, which Control Agreements may
not be terminated without the prior written consent of Bank. The provisions of the previous sentence shall not apply to deposit accounts exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for the benefit
of Borrower’s employees and identified to Bank by Borrower as such. 

  
 12 

 6.7 Reserved. 

6.8 Protection of Intellectual Property Rights. 

(a) (i) Protect, defend and maintain the validity and enforceability of its owned Intellectual Property; (ii) promptly advise Bank in
writing of material infringements or any other event that could reasonably be expected to materially and adversely affect the value of its owned Intellectual Property; and (iii) not allow any owned Intellectual Property material to
Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent. 
 (b) Provide written
notice to Bank within thirty (30) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall take such commercially reasonable steps as Bank
requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Bank to have a security interest in it that might otherwise be
restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral
in accordance with Bank’s rights and remedies under this Agreement and the other Loan Documents. 
 6.9 Litigation Cooperation.
From the date hereof and continuing through the termination of this Agreement, make available to Bank, without expense to Bank, Borrower and its officers, employees and agents and Borrower’s books and records, to the extent that Bank may deem
them reasonably necessary to prosecute or defend any third-party suit or proceeding instituted by or against Bank with respect to any Collateral or relating to Borrower. 

6.10 Access to Collateral; Books and Records. Allow Bank, or its agents, at reasonable times during regular business hours, on three
(3) Business Days’ notice (provided no notice is required if an Event of Default has occurred and is continuing), to inspect the Collateral and audit and copy Borrower’s Books. Such inspections or audits shall be conducted no more
often than once every twelve (12) months unless an Event of Default has occurred and is continuing in which case such inspections and audits shall occur as often as Bank shall determine is necessary. The foregoing inspections and audits shall
be at Borrower’s expense, and the charge therefor shall be $850 per person per day (or such higher amount as shall represent Bank’s then-current standard charge for the same), plus reasonable out-of-pocket expenses. In the event Borrower
and Bank schedule an audit more than ten (10) days in advance, and Borrower cancels or seeks to reschedule the audit with less than ten (10) days written notice to Bank, then (without limiting any of Bank’s rights or remedies),
Borrower shall pay Bank a fee of One Thousand Dollars ($1,000) plus any out-of-pocket expenses incurred by Bank to compensate Bank for the anticipated costs and expenses of the cancellation or rescheduling. 

6.11 Formation or Acquisition of Subsidiaries. Notwithstanding and without limiting the negative covenants contained in Section 7.3
and 7.7 hereof, at the time that Borrower forms any direct or indirect Subsidiary or acquires any direct or indirect Subsidiary after the Effective Date, Borrower shall (a) cause such new Subsidiary to provide to Bank either a joinder to the
Loan Agreement to cause such Subsidiary to become a co-borrower hereunder or a Guaranty, together with such appropriate financing statements and/or Control Agreements, all in form and substance satisfactory to Bank (including being sufficient to
grant Bank a first priority Lien (subject to Permitted Liens) in and to the assets of such newly formed or acquired 

  
 13 

 
Subsidiary), (b) provide to Bank appropriate certificates and powers and financing statements, pledging all of the direct or beneficial ownership interest in such new Subsidiary, in form and
substance satisfactory to Bank, and (c) provide to Bank all other documentation in form and substance satisfactory to Bank which in its opinion is appropriate with respect to the execution and delivery of the applicable documentation referred
to above. Any document, agreement, or instrument executed or issued pursuant to this Section 6.11 shall be a Loan Document. 
 6.12
Further Assurances. Execute any further instruments and take further action as Bank reasonably requests to perfect or continue Bank’s Lien in the Collateral or to effect the purposes of this Agreement. Deliver to Bank, within five
(5) days after the same are sent or received, copies of all correspondence, reports, documents and other filings with any Governmental Authority regarding compliance with or maintenance of Governmental Approvals or Requirements of Law or that
could reasonably be expected to have a material effect on any of the Governmental Approvals or otherwise on the operations of Borrower or any of its Subsidiaries. 

7 NEGATIVE COVENANTS 
 Borrower shall not
do any of the following without Bank’s prior written consent: 
 7.1 Dispositions. Convey, sell, lease, transfer, assign, or
otherwise dispose of (collectively, “Transfer”), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, except for Transfers (a) of Inventory in the ordinary course of business; (b) of
worn-out or obsolete Equipment that is, in the reasonable judgment of Borrower, no longer economically practicable to maintain or useful in the ordinary course of business of Borrower; (c) consisting of Permitted Liens and Permitted
Investments; (d) consisting of the sale or issuance of any stock of Borrower permitted under Section 7.2 of this Agreement; (e) consisting of Borrower’s use or transfer of money or Cash Equivalents in the ordinary course of its
business for the payment of ordinary course business expenses in a manner that is not prohibited by the terms of this Agreement or the other Loan Documents; and (f) of non-exclusive licenses for the use of the property of Borrower or its
Subsidiaries in the ordinary course of business and licenses that could not result in a legal transfer of title of the licensed property but that may be exclusive in respects other than territory and that may be exclusive as to territory only as to
discreet geographical areas outside of the United States. 
 7.2 Changes in Business, Management, Ownership or Business Locations.

 (a) Engage in or permit any of its Subsidiaries to engage in any business other than the businesses currently engaged in by Borrower
and such Subsidiary, as applicable, or reasonably related thereto; (b) liquidate or dissolve; or (c) (i) the Key Person ceases to hold the office of Chief Executive Officer with Borrower and a replacement reasonably satisfactory to
Bank is not made within forty-five (45) days after his departure from Borrower; (ii) enter into any transaction or series of related transactions in which (1) the stockholders of Parent who were not stockholders immediately prior to
the first such transaction own more than forty percent (40%) of the voting stock of Parent immediately after giving effect to such transaction or related series of such transactions (other than by the issuance and sale of Parent’s equity
securities in that certain private placement offering closed on November 6, 2013 or by the issuance and sale 

  
 14 

 
of Parent’s or Ignyta’s equity securities in a public offering or to venture capital investors, private equity investors or other bona fide financial investors so long as Borrower
identifies to Bank such investors prior to the closing of the transaction and provides to Bank a description of the material terms of the transaction), or (2) Ignyta ceases to be a wholly-owned Subsidiary of Parent. 

Borrower shall not, without at least thirty (30) days prior written notice to Bank: (1) add any new offices or business locations, including
warehouses (unless such new offices or business locations contain less than Ten Thousand Dollars ($10,000) in Borrower’s assets or property) or deliver any portion of the Collateral valued, individually or in the aggregate, in excess of Ten
Thousand Dollars ($10,000) to a bailee at a location other than to a bailee and at a location already disclosed in the Perfection Certificate, (2) change its jurisdiction of organization, (3) change its organizational structure or type,
(4) change its legal name, or (5) change any organizational number (if any) assigned by its jurisdiction of organization. If Borrower intends to deliver any portion of the Collateral valued, individually or in the aggregate, in excess of
Ten Thousand Dollars ($10,000) to a bailee, and Bank and such bailee are not already parties to a bailee agreement governing both the Collateral and the location to which Borrower intends to deliver the Collateral, then Borrower will first receive
the written consent of Bank, and such bailee shall execute and deliver a bailee agreement in form and substance satisfactory to Bank. 

7.3 Mergers or Acquisitions. Merge or consolidate, or permit any of its Subsidiaries to merge or consolidate, with any other Person, or
acquire, or permit any of its Subsidiaries to acquire, all or substantially all of the capital stock or property of another Person (including, without limitation, by the formation of any Subsidiary). A Subsidiary may merge or consolidate into
another Subsidiary or into Borrower. Without limiting the foregoing, Borrower shall not enter into any binding contractual arrangement with any Person to attempt to facilitate a merger or acquisition of Borrower, unless (i) no Event of Default
exists when such agreement is entered into by Borrower, (ii) such agreement does not give such Person the right to claim any fees, payments or damages from Borrower in excess of One Hundred Thousand Dollars ($100,000), and (iii) Borrower
notifies Bank in advance of entering into such an agreement. 
 7.4 Indebtedness. Create, incur, assume, or be liable for any
Indebtedness, or permit any Subsidiary to do so, other than Permitted Indebtedness. 
 7.5 Encumbrance. Create, incur, allow, or
suffer any Lien on any of its property, or assign or convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens; permit any Collateral not to be subject to the first
priority security interest granted herein (except for such purchase money Liens under clause (c) of the definition of “Permitted Liens”); or enter into any agreement, document, instrument or other arrangement (except with or in favor
of Bank) with any Person that directly or indirectly prohibits, or has the effect of prohibiting, Borrower from assigning, mortgaging, pledging, granting a security interest in or upon, or encumbering any of Borrower’s Intellectual Property,
except as is otherwise permitted in Section 7.1 hereof and the definition of “Permitted Lien” herein. 
 7.6 Maintenance of
Collateral Accounts. Maintain any Collateral Account except pursuant to the terms of Section 6.6(b) hereof. 

  
 15 

 7.7 Distributions; Investments. (a) Pay any dividends or make any distribution or
payment or redeem, retire or purchase any capital stock, provided that (i) Borrower may convert any of its convertible securities into other securities pursuant to the terms of such convertible securities or otherwise in exchange thereof,
(ii) Borrower may pay dividends solely in common stock, (iii) Borrower may repurchase the stock of former employees or consultants pursuant to stock repurchase agreements so long as an Event of Default does not exist at the time of such
repurchase and would not exist after giving effect to such repurchase, provided that the aggregate amount of all such repurchases does not exceed Fifty Thousand Dollars ($50,000) per fiscal year; or (b) directly or indirectly make any
Investment (including, without limitation, by the formation of any Subsidiary) other than Permitted Investments, or permit any of its Subsidiaries to do so. 

7.8 Transactions with Affiliates. Directly or indirectly enter into or permit to exist any material transaction with any Affiliate of
Borrower, except for transactions that are in the ordinary course of Borrower’s business, upon fair and reasonable terms that are no less favorable to Borrower than would be obtained in an arm’s length transaction with a non-affiliated
Person and transactions permitted pursuant to the terms of Section 7.2 hereof. 
 7.9 Subordinated Debt. 

(a) Make or permit any payment on any Subordinated Debt, except under the terms of the subordination, intercreditor, or other similar agreement
to which such Subordinated Debt is subject, or (b) amend any provision in any document relating to the Subordinated Debt that would increase the amount thereof, provide for earlier or greater principal, interest, or other payments thereon, or
adversely affect the subordination thereof to Obligations owed to Bank. 
 7.10 Compliance. Become an “investment company”
or a company controlled by an “investment company”, under the Investment Company Act of 1940, as amended, or undertake as one of its important activities extending credit to purchase or carry margin stock (as defined in Regulation U of the
Board of Governors of the Federal Reserve System), or use the proceeds of any Credit Extension for that purpose; fail to (a) meet the minimum funding requirements of ERISA, (b) prevent a Reportable Event or Prohibited Transaction, as
defined in ERISA, from occurring, or (c) comply with the Federal Fair Labor Standards Act, the failure of any of the conditions described in clauses (a) through (c) which could reasonably be expected to have a material adverse effect
on Borrower’s business; or violate any other law or regulation, if the violation could reasonably be expected to have a material adverse effect on Borrower’s business, or permit any of its Subsidiaries to do so; withdraw or permit any
Subsidiary to withdraw from participation in, permit partial or complete termination of, or permit the occurrence of any other event with respect to, any present pension, profit sharing and deferred compensation plan which could reasonably be
expected to result in any liability of Borrower, including any liability to the Pension Benefit Guaranty Corporation or its successors or any other governmental agency. 

  
 16 

 8 EVENTS OF DEFAULT 

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

8.1 Payment Default. Borrower fails to (a) make any payment of principal or interest on any Credit Extension when due, or
(b) pay any other Obligations within three (3) Business Days after such Obligations are due and payable (which three (3) Business Day grace period shall not apply to payments due on the Second Supplemental Growth Capital Maturity
Date). During the cure period, the failure to make or pay any payment specified in clause (b) hereunder is not an Event of Default (but no Credit Extension will be made during the cure period); 

8.2 Covenant Default. 
 (a)
Borrower fails or neglects to perform any obligation in Sections 6.2, 6.4, 6.5, 6.6, 6.8(b), 6.10 or 6.11 or violates any covenant in Section 7; or 

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

8.4 Attachment; Levy; Restraint on Business. 

(a) (i) The service of process seeking to attach, by trustee or similar process, any funds of Borrower or of any entity under the control
of Borrower (including a Subsidiary) in excess of One Hundred Thousand Dollars ($100,000), or (ii) a notice of lien or levy is filed against any of Borrower’s assets by any Governmental Authority, and the same under subclauses (i) and
(ii) hereof are not, within ten (10) days after the occurrence thereof, discharged or stayed (whether through the posting of a bond or otherwise); provided, however, no Credit Extensions shall be made during any ten (10) day cure
period; or 
 (b) (i) any material portion of Borrower’s assets is attached, seized, levied on, or comes into possession of a
trustee or receiver, or (ii) any court order enjoins, restrains, or prevents Borrower from conducting all or any material part of its business; 

  
 17 

 8.5 Insolvency. (a) Borrower is unable to pay its debts (including trade debts) as
they become due or otherwise becomes insolvent; (b) Borrower begins an Insolvency Proceeding; or (c) an Insolvency Proceeding is begun against Borrower and not dismissed or stayed within thirty (30) days (but no Credit Extensions
shall be made while any of the conditions described in clause (a) exist and/or until any Insolvency Proceeding is dismissed); 
 8.6
Other Agreements. There is, under any agreement to which Borrower is a party with a third party or parties, (a) any default resulting in a right by such third party or parties, whether or not exercised, to accelerate the maturity of any
Indebtedness in an amount individually or in the aggregate in excess of One Hundred Thousand Dollars ($100,000); or (b) any breach or default by Borrower, the result of which could have a material adverse effect on Borrower’s business;

 8.7 Judgments; Penalties. One or more fines, penalties or final judgments, orders, or decrees for the payment of money in an
amount, individually or in the aggregate, of at least One Hundred Thousand Dollars ($100,000) (not covered by independent third-party insurance as to which liability has been accepted by such insurance carrier) shall be rendered against Borrower by
any Governmental Authority, and the same are not, within ten (10) days after the entry, assessment or issuance thereof, discharged, satisfied, or paid, or after execution thereof stayed or bonded pending appeal, or such judgments are not
discharged prior to the expiration of any such stay (provided that no Credit Extensions will be made prior to the satisfaction, payment, discharge, stay, or bonding of such fine, penalty, judgment, order, or decree); 

8.8 Misrepresentations. Borrower or any Person acting for Borrower makes any representation, warranty or other statement now or later in
this Agreement, any Loan Document or in any writing delivered to Bank or to induce Bank to enter this Agreement or any Loan Document, and such representation, warranty, or other statement is incorrect in any material respect when made; 

8.9 Subordinated Debt. A default or breach occurs under any agreement evidencing or securing Indebtedness owed by Borrower to any
creditor of Borrower that signed a subordination, intercreditor, or other similar agreement with Bank, or any creditor that has signed such an agreement with Bank breaches any terms of such agreement; or 

8.10 Governmental Approvals. Any Governmental Approval shall have been (a) revoked, rescinded, suspended, modified in an adverse
manner or not renewed in the ordinary course for a full term or (b) subject to any decision by a Governmental Authority that designates a hearing with respect to any applications for renewal of any of such Governmental Approval or that could
result in the Governmental Authority taking any of the actions described in clause (a) above, and such decision or such revocation, rescission, suspension, modification or non-renewal (i) causes, or could reasonably be expected to cause, a
Material Adverse Change, or (ii) adversely affects the legal qualifications of Borrower or any of its Subsidiaries to hold such Governmental Approval in any applicable jurisdiction and such revocation, rescission, suspension, modification or
non-renewal could reasonably be expected to affect the status of or legal qualifications of Borrower or any of its Subsidiaries to hold any Governmental Approval in any other jurisdiction. 

  
 18 

 9 BANK’S RIGHTS AND REMEDIES 

9.1 Rights and Remedies. Upon the occurrence and during the continuance of an Event of Default, Bank may, without notice or demand, do
any or all of the following: 
 (a) declare all Obligations immediately due and payable (but if an Event of Default described in
Section 8.5 occurs all Obligations are immediately due and payable without any action by Bank); 
 (b) stop advancing money or extending
credit for Borrower’s benefit under this Agreement or under any other agreement between Borrower and Bank; 
 (c) for any Letters of
Credit, demand that Borrower (i) deposit cash with Bank in an amount equal to at least 105% (110% for Letters of Credit denominated in a Foreign Currency) of the Dollar Equivalent of the aggregate face amount of all Letters of Credit remaining
undrawn (plus all interest, fees, and costs due or to become due in connection therewith (as estimated by Bank in its good faith business judgment)), to secure all of the Obligations relating to such Letters of Credit, as collateral security for the
repayment of any future drawings under such Letters of Credit, and Borrower shall forthwith deposit and pay such amounts, and (ii) pay in advance all letter of credit fees scheduled to be paid or payable over the remaining term of any Letters
of Credit; 
 (d) terminate any FX Contracts; 

(e) verify the amount of, demand payment of and performance under, and collect any Accounts and General Intangibles, settle or adjust disputes
and claims directly with Account Debtors for amounts on terms and in any order that Bank considers advisable, notify any Person owing Borrower money of Bank’s security interest in such funds; 

(f) make any payments and do any acts it considers necessary or reasonable to protect the Collateral and/or its security interest in the
Collateral. Borrower shall assemble the Collateral if Bank requests and make it available as Bank designates. Bank may enter premises where the Collateral is located, take and maintain possession of any part of the Collateral, and pay, purchase,
contest, or compromise any Lien that appears to be prior or superior to its security interest and pay all expenses incurred. Borrower grants Bank a license to enter and occupy any of its premises, without charge, to exercise any of Bank’s
rights or remedies; 
 (g) apply to the Obligations (i) any balances and deposits of Borrower it holds, or (ii) any amount held by
Bank owing to or for the credit or the account of Borrower; 
 (h) ship, reclaim, recover, store, finish, maintain, repair, prepare for sale,
advertise for sale and sell the Collateral. Bank is hereby granted a non-exclusive, royalty-free license or other right to use, without charge, Borrower’s labels, Patents, Copyrights, mask works, rights of use of any name, trade secrets, trade
names, Trademarks, and advertising matter, or any similar property as it pertains to the Collateral, in completing production of, advertising for sale, and selling any Collateral and, in connection with Bank’s exercise of its rights under this
Section, Borrower’s rights under all licenses and all franchise agreements inure to Bank’s benefit; 

  
 19 

 (i) place a “hold” on any account maintained with Bank and/or deliver a notice of
exclusive control, any entitlement order, or other directions or instructions pursuant to any Control Agreement or similar agreements providing control of any Collateral; 

(j) demand and receive possession of Borrower’s Books; and 

(k) exercise all rights and remedies available to Bank under the Loan Documents or at law or equity, including all remedies provided under the
Code (including disposal of the Collateral pursuant to the terms thereof). 
 9.2 Power of Attorney. Borrower hereby irrevocably
appoints Bank as its lawful attorney-in-fact, exercisable upon the occurrence and during the continuance of an Event of Default, to: (a) endorse Borrower’s name on any checks or other forms of payment or security; (b) sign
Borrower’s name on any invoice or bill of lading for any Account or drafts against Account Debtors; (c) settle and adjust disputes and claims about the Accounts directly with Account Debtors, for amounts and on terms Bank determines
reasonable; (d) make, settle, and adjust all claims under Borrower’s insurance policies; (e) pay, contest or settle any Lien, charge, encumbrance, security interest, and adverse claim in or to the Collateral, or any judgment based
thereon, or otherwise take any action to terminate or discharge the same; and (f) transfer the Collateral into the name of Bank or a third party as the Code permits. Borrower hereby appoints Bank as its lawful attorney-in-fact to sign
Borrower’s name on any documents necessary to perfect or continue the perfection of Bank’s security interest in the Collateral, regardless of whether an Event of Default has occurred, until all Obligations have been satisfied in full and
Bank is under no further obligation to make Credit Extensions hereunder. Bank’s foregoing appointment as Borrower’s attorney in fact, and all of Bank’s rights and powers, coupled with an interest, are irrevocable until all Obligations
have been fully repaid and performed and Bank’s obligation to provide Credit Extensions terminates. 
 9.3 Protective Payments.
If Borrower fails to obtain the insurance called for by Section 6.5 or fails to pay any premium thereon or fails to pay any other amount which Borrower is obligated to pay under this Agreement or any other Loan Document or which may be required
to preserve the Collateral, Bank may obtain such insurance or make such payment, and all amounts so paid by Bank are Bank Expenses and immediately due and payable, bearing interest at the then highest rate applicable to the Obligations, and secured
by the Collateral. Bank will make reasonable efforts to provide Borrower with notice of Bank obtaining such insurance at the time it is obtained or within a reasonable time thereafter. No payments by Bank are deemed an agreement to make similar
payments in the future or Bank’s waiver of any Event of Default. 
 9.4 Application of Payments and Proceeds Upon Default. If an
Event of Default has occurred and is continuing, Bank shall have the right to apply in any order any funds in its possession, whether from Borrower account balances, payments, proceeds realized as the result of any collection of Accounts or other
disposition of the Collateral, or otherwise, to the Obligations. Bank shall pay any surplus to Borrower by credit to the Designated Deposit Account or to other Persons legally entitled thereto; Borrower shall remain liable to Bank for any
deficiency. If Bank, directly or indirectly, enters into a deferred payment or other credit transaction with any purchaser at any sale of Collateral, Bank shall have the option, exercisable at any time, of either reducing the Obligations by the
principal amount of the purchase price or deferring the reduction of the Obligations until the actual receipt by Bank of cash therefor. 

  
 20 

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

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

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

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

					
		  	 If to Borrower:
	  	Ignyta Operating, Inc.
		  		  	11095 Flintkote Avenue, Suite D             
		  		  	San Diego, CA 92121             
		  		  	Attn: CFO
                                         
                               
		  		  	Email: zh@ignyta.com
		  		  	Website URL: www.ignyta.com

  
 21 

					
		  	If to Bank:	  	Silicon Valley Bank
		  		  	4370 La Jolla Village Drive, Suite 1050
		  		  	San Diego, CA 92122
		  		  	Attn: Anthony Flores
		  		  	Fax: (858) 622-1424
		  		  	Email: aflores@svb.com

 11 CHOICE OF LAW, VENUE, JURY TRIAL WAIVER AND JUDICIAL REFERENCE 

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

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, BORROWER AND BANK EACH WAIVE THEIR RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF
ACTION ARISING OUT OF OR BASED UPON THIS AGREEMENT, THE LOAN DOCUMENTS OR ANY CONTEMPLATED TRANSACTION, INCLUDING CONTRACT, TORT, BREACH OF DUTY AND ALL OTHER CLAIMS. THIS WAIVER IS A MATERIAL INDUCEMENT FOR BOTH PARTIES TO ENTER INTO THIS
AGREEMENT. EACH PARTY HAS REVIEWED THIS WAIVER WITH ITS COUNSEL. 
 WITHOUT INTENDING IN ANY WAY TO LIMIT THE PARTIES’ AGREEMENT TO
WAIVE THEIR RESPECTIVE RIGHT TO A TRIAL BY JURY, if the above waiver of the right to a trial by jury is not enforceable, the parties hereto agree that any and all disputes or controversies of any nature between them arising at any time shall be
decided by a reference to a private judge, mutually selected by the parties (or, if they cannot agree, by the Presiding Judge of the Santa Clara County, California Superior Court) appointed in accordance with California Code of Civil Procedure
Section 638 (or pursuant to comparable provisions of federal law if the dispute falls within the exclusive jurisdiction of the federal courts), sitting without a jury, in Santa Clara County, California; and the parties hereby submit to the
jurisdiction of such court. The reference proceedings shall be conducted pursuant to and in accordance with the provisions of California Code of Civil Procedure §§ 638 through 645.1, inclusive. The private judge shall

  
 22 

 
have the power, among others, to grant provisional relief, including without limitation, entering temporary restraining orders, issuing preliminary and permanent injunctions and appointing
receivers. All such proceedings shall be closed to the public and confidential and all records relating thereto shall be permanently sealed. If during the course of any dispute, a party desires to seek provisional relief, but a judge has not been
appointed at that point pursuant to the judicial reference procedures, then such party may apply to the Santa Clara County, California Superior Court for such relief. The proceeding before the private judge shall be conducted in the same manner as
it would be before a court under the rules of evidence applicable to judicial proceedings. The parties shall be entitled to discovery which shall be conducted in the same manner as it would be before a court under the rules of discovery applicable
to judicial proceedings. The private judge shall oversee discovery and may enforce all discovery rules and orders applicable to judicial proceedings in the same manner as a trial court judge. The parties agree that the selected or appointed private
judge shall have the power to decide all issues in the action or proceeding, whether of fact or of law, and shall report a statement of decision thereon pursuant to California Code of Civil Procedure § 644(a). Nothing in this paragraph shall
limit the right of any party at any time to exercise self-help remedies, foreclose against collateral, or obtain provisional remedies. The private judge shall also determine all issues relating to the applicability, interpretation, and
enforceability of this paragraph. 
 This Section 11 shall survive the termination of this Agreement. 

12 GENERAL PROVISIONS 
 12.1
Termination Prior to Maturity Date; Survival. All covenants, representations and warranties made in this Agreement continue in full force until this Agreement has terminated pursuant to its terms and all Obligations have been satisfied. So long
as Borrower has satisfied the Obligations (other than inchoate indemnity obligations, any other obligations which, by their terms, are to survive the termination of this Agreement, and any Obligations under Bank Services Agreements that are cash
collateralized in accordance with Section 4.1 of this Agreement), this Agreement may be terminated prior to the Second Supplemental Growth Capital Maturity Date by Borrower in accordance with Section 2.1.1(d). Those obligations that are
expressly specified in this Agreement as surviving this Agreement’s termination shall continue to survive notwithstanding this Agreement’s termination. 

12.2 Successors and Assigns. This Agreement binds and is for the benefit of the successors and permitted assigns of each party. Borrower
may not assign this Agreement or any rights or obligations under it without Bank’s prior written consent (which may be granted or withheld in Bank’s discretion). Bank has the right, without the consent of or notice to Borrower, to sell,
transfer, assign, negotiate, or grant participation in all or any part of, or any interest in, Bank’s obligations, rights, and benefits under this Agreement and the other Loan Documents (other than the Warrant, as to which assignment, transfer
and other such actions are governed by the terms thereof). 
 12.3 Indemnification. Borrower agrees to indemnify, defend and hold Bank
and its directors, officers, employees, agents, attorneys, or any other Person affiliated with or representing Bank (each, an “Indemnified Person”) harmless against: (i) all obligations, demands, claims, and liabilities
(collectively, “Claims”) claimed or asserted by any other party 

  
 23 

 
in connection with the transactions contemplated by the Loan Documents; and (ii) all losses or expenses (including Bank Expenses) in any way suffered, incurred, or paid by such Indemnified
Person as a result of, following from, consequential to, or arising from transactions between Bank and Borrower contemplated by the Loan Documents (including reasonable attorneys’ fees and expenses), except for Claims and/or losses directly
caused by such Indemnified Person’s gross negligence or willful misconduct. 
 This Section 12.3 shall survive until all statutes
of limitation with respect to the Claims, losses, and expenses for which indemnity is given shall have run. 
 12.4 Time of Essence.
Time is of the essence for the performance of all Obligations in this Agreement. 
 12.5 Severability of Provisions. Each provision of
this Agreement is severable from every other provision in determining the enforceability of any provision. 
 12.6 Correction of Loan
Documents. Bank may correct patent errors and fill in any blanks in this Agreement and the other Loan Documents consistent with the agreement of the parties so long as Bank provides Borrower with written notice of such correction and allows
Borrower at least ten (10) days to object to such correction. In the event of such objection, such correction shall not be made except by an amendment signed by both Bank and Borrower. 

12.7 Amendments in Writing; Waiver; Integration. No purported amendment or modification of any Loan Document, or waiver, discharge or
termination of any obligation under any Loan Document, shall be enforceable or admissible unless, and only to the extent, expressly set forth in a writing signed by the party against which enforcement or admission is sought. Without limiting the
generality of the foregoing, no oral promise or statement, nor any action, inaction, delay, failure to require performance or course of conduct shall operate as, or evidence, an amendment, supplement or waiver or have any other effect on any Loan
Document. Any waiver granted shall be limited to the specific circumstance expressly described in it, and shall not apply to any subsequent or other circumstance, whether similar or dissimilar, or give rise to, or evidence, any obligation or
commitment to grant any further waiver. The Loan Documents represent the entire agreement about this subject matter and supersede prior negotiations or agreements. All prior agreements, understandings, representations, warranties, and negotiations
between the parties about the subject matter of the Loan Documents merge into the Loan Documents. 
 12.8 Counterparts. This Agreement
may be executed in any number of counterparts and by different parties on separate counterparts, each of which, when executed and delivered, is an original, and all taken together, constitute one Agreement. 

12.9 Borrower Liability. Any Borrower may, acting singly, request Credit Extensions hereunder. Each Borrower hereby appoints each other
Borrower as agent for the other for all purposes hereunder, including with respect to requesting Credit Extensions hereunder. Each Borrower hereunder shall be jointly and severally obligated to repay all Credit Extensions made hereunder, regardless
of which Borrower actually receives said Credit Extension, as if each Borrower hereunder directly received all Credit Extensions. Each 

  
 24 

 
Borrower waives (a) any suretyship defenses available to it under the Code or any other applicable law, including, without limitation, the benefit of California Civil Code Section 2815
permitting revocation as to future transactions and the benefit of California Civil Code Sections 1432, 2809, 2810, 2819, 2839, 2845, 2847, 2848, 2849, 2850, and 2899 and 3433, and (b) any right to require Bank to: (i) proceed against any
Borrower or any other person; (ii) proceed against or exhaust any security; or (iii) pursue any other remedy. Bank may exercise or not exercise any right or remedy it has against any Borrower or any security it holds (including the right
to foreclose by judicial or non-judicial sale) without affecting any Borrower’s liability. Notwithstanding any other provision of this Agreement or other related document, each Borrower irrevocably waives all rights that it may have at law or
in equity (including, without limitation, any law subrogating such Borrower to the rights of Bank under this Agreement) to seek contribution, indemnification or any other form of reimbursement from any other Borrower, or any other Person now or
hereafter primarily or secondarily liable for any of the Obligations, for any payment made by such Borrower with respect to the Obligations in connection with this Agreement or otherwise and all rights that it might have to benefit from, or to
participate in, any security for the Obligations as a result of any payment made by such Borrower with respect to the Obligations in connection with this Agreement or otherwise. Any agreement providing for indemnification, reimbursement or any other
arrangement prohibited under this Section shall be null and void. If any payment is made to a Borrower in contravention of this Section, such Borrower shall hold such payment in trust for Bank and such payment shall be promptly delivered to Bank for
application to the Obligations, whether matured or unmatured. 
 12.10 Confidentiality. In handling any confidential information, Bank
shall exercise the same degree of care that it exercises for its own proprietary information, but disclosure of information may be made: (a) to Bank’s Subsidiaries or Affiliates (such Subsidiaries and Affiliates, together with Bank,
collectively, “Bank Entities”); (b) to prospective transferees or purchasers of any interest in the Credit Extensions (provided, however, Bank shall use its best efforts to obtain any prospective transferee’s or
purchaser’s agreement to the terms of this provision); (c) as required by law, regulation, subpoena, or other order; (d) to Bank’s regulators or as otherwise required in connection with Bank’s examination or audit;
(e) as Bank considers appropriate in exercising remedies under the Loan Documents; and (f) to third-party service providers of Bank so long as such service providers have executed a confidentiality agreement with Bank with terms no less
restrictive than those contained herein. Confidential information does not include information that is either: (i) in the public domain or in Bank’s possession when disclosed to Bank, or becomes part of the public domain (other than as a
result of its disclosure by Bank in violation of this Agreement) after disclosure to Bank; or (ii) disclosed to Bank by a third party if Bank does not know that the third party, is prohibited from disclosing the information. 

Bank Entities may use anonymous forms of confidential information for aggregate datasets, for analyses or reporting, and for any other uses
not expressly prohibited in writing by Borrower. The provisions of the immediately preceding sentence shall survive termination of this Agreement. 

  
 25 

 12.11 Attorneys’ Fees, Costs and Expenses. In any action or proceeding between
Borrower and Bank arising out of or relating to the Loan Documents, the prevailing party shall be entitled to recover its reasonable attorneys’ fees and other costs and expenses incurred, in addition to any other relief to which it may be
entitled. 
 12.12 Electronic Execution of Documents. The words “execution,” “signed,” “signature” and
words of like import in any Loan Document shall be deemed to include electronic signatures or the keeping of records in electronic form, each of which shall be of the same legal effect, validity and enforceability as a manually executed signature or
the use of a paper-based recordkeeping systems, as the case may be, to the extent and as provided for in any applicable law, including, without limitation, any state law based on the Uniform Electronic Transactions Act. 

12.13 Captions. The headings used in this Agreement are for convenience only and shall not affect the interpretation of this Agreement.

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

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

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

12.17 No Novation. Nothing contained herein shall in any way impair the Prior Loan Agreement and other Loan Documents now held for the
Obligations, nor affect or impair any rights, powers, or remedies under the Prior Loan Agreement or any Loan Document, it being the intent of the parties hereto that this Agreement shall not constitute a novation of the Prior Loan Agreement or an
accord and satisfaction of the Obligations. Borrower hereby ratifies and reaffirms the validity and enforceability of all of the liens and security interests heretofore granted pursuant to the Loan Documents, as collateral security for the
Obligations, and acknowledges that all of such liens and security interests, and all Collateral heretofore pledged as security for the Obligations, continues to be and remains Collateral for the Obligations from and after the date hereof. 

  
 26 

 13 DEFINITIONS 

13.1 Definitions. As used in the Loan Documents, the word “shall” is mandatory, the word “may” is permissive, the
word “or” is not exclusive, the words “includes” and “including” are not limiting, the singular includes the plural, and numbers denoting amounts that are set off 

in brackets are negative. As used in this Agreement, the following capitalized terms have the following meanings: 

“Account” is any “account” as defined in the Code with such additions to such term as may hereafter be made, and
includes, without limitation, all accounts receivable and other sums owing to Borrower. 
 “Account Debtor” is any
“account debtor” as defined in the Code with such additions to such term as may hereafter be made. 
 “Affiliate”
is, with respect to any Person, each other Person that owns or controls directly or indirectly the Person, any Person that controls or is controlled by or is under common control with the Person, and each of that Person’s senior executive
officers, directors, partners and, for any Person that is a limited liability company, that Person’s managers and members. 

“Agreement” is defined in the preamble hereof. 

“Bank” is defined in the preamble hereof. 

“Bank Entities” is defined in Section 12.10. 

“Bank Expenses” are all audit fees and expenses, costs, and expenses (including reasonable attorneys’ fees and expenses)
for preparing, amending, negotiating, administering, defending and enforcing the Loan Documents (including, without limitation, those incurred in connection with appeals or Insolvency Proceedings and those identified as Bank Expenses in
Section 9.3 hereof) or otherwise incurred with respect to Borrower. 
 “Bank Services” are any products, credit
services, and/or financial accommodations previously, now, or hereafter provided to Borrower or any of its Subsidiaries by Bank or any Bank Affiliate, including, without limitation, any letters of credit, cash management services (including, without
limitation, merchant services, direct deposit of payroll, business credit cards, and check cashing services), interest rate swap arrangements, and foreign exchange services as any such products or services may be identified in Bank’s various
agreements related thereto (each, a “Bank Services Agreement”). 
 “Basic Rate” is the per annum rate of
interest (based on a year of 360 days) equal to the sum of (a) U.S. Treasury note yield to maturity for a term equal to the Treasury Note Maturity as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the
heading “U.S. Government Securities/Treasury Constant Maturities” on the Funding Date, plus (b) the Loan Margin. (In the event Release H.15 is no longer published, Bank shall select a comparable publication to determine the U.S.
Treasury note yield to maturity.) 
 “Borrower” is defined in the preamble hereof. 

“Borrower’s Books” are all Borrower’s books and records including ledgers, federal and state tax returns, records
regarding Borrower’s assets or liabilities, the Collateral, business operations or financial condition, and all computer programs or storage or any equipment containing such information. 

  
 27 

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

“Claims” is defined in Section 12.3. 

“Code” is the Uniform Commercial Code, as the same may, from time to time, be enacted and in effect in the State of
California; provided, that, to the extent that the Code is used to define any term herein or in any Loan Document and such term is defined differently in different Articles or Divisions of the Code, the definition of such term contained in Article
or Division 9 shall govern; provided further, that in the event that, by reason of mandatory provisions of law, any or all of the attachment, perfection, or priority of, or remedies with respect to, Bank’s Lien on any Collateral is governed by
the Uniform Commercial Code in effect in a jurisdiction other than the State of California, the term “Code” shall mean the Uniform Commercial Code as enacted and in effect in such other jurisdiction solely for purposes of the provisions
thereof relating to such attachment, perfection, priority, or remedies and for purposes of definitions relating to such provisions. 

“Collateral” is any and all properties, rights and assets of Borrower described on Exhibit A. 

“Collateral Account” is any Deposit Account, Securities Account, or Commodity Account. 

“Commodity Account” is any “commodity account” as defined in the Code with such additions to such term as may
hereafter be made. 
 “Compliance Certificate” is that certain certificate in the form attached hereto as Exhibit D.

 “Contingent Obligation” is, for any Person, any direct or indirect liability, contingent or not, of that Person for
(a) any indebtedness, lease, dividend, letter of credit or other obligation of another such as an obligation, in each case, directly or indirectly guaranteed, endorsed, co-made, discounted or sold with recourse by that Person, or for which that
Person is directly or indirectly liable; (b) any obligations for undrawn letters of credit for the account of that Person; and (c) all obligations from any interest rate, currency or commodity swap agreement, interest rate cap or collar
agreement, or other agreement or arrangement designated to protect a Person against 

  
 28 

 
fluctuation in interest rates, currency exchange rates or commodity prices; but “Contingent Obligation” does not include endorsements in the ordinary course of business. The amount of a
Contingent Obligation is the stated or determined amount of the primary obligation for which the Contingent Obligation is made or, if not determinable, the maximum reasonably anticipated liability for it determined by the Person in good faith; but
the amount may not exceed the maximum of the obligations under any guarantee or other support arrangement. 
 “Control
Agreement” is any control agreement entered into among the depository institution at which Borrower maintains a Deposit Account or the securities intermediary or commodity intermediary at which Borrower maintains a Securities Account or a
Commodity Account, Borrower, and Bank pursuant to which Bank obtains control (within the meaning of the Code) over such Deposit Account, Securities Account, or Commodity Account. 

“Copyrights” are any and all copyright rights, copyright applications, copyright registrations and like protections in each
work of authorship and derivative work thereof, whether published or unpublished and whether or not the same also constitutes a trade secret. 

“Credit Extension” is the Second Supplemental Growth Capital Term Loan or any other extension of credit by Bank for
Borrower’s benefit under this Agreement. 
 “Default Rate” is defined in Section 2.2(b). 

“Deposit Account” is any “deposit account” as defined in the Code with such additions to such term as may hereafter
be made. 
 “Designated Deposit Account” is the multicurrency account denominated in Dollars, account number *******1957,
maintained by Borrower with Bank. 
 “Dollars,” “dollars” or use of the sign “$”
means only lawful money of the United States and not any other currency, regardless of whether that currency uses the “$” sign to denote its currency or may be readily converted into lawful money of the United States. 

“Dollar Equivalent” is, at any time, (a) with respect to any amount denominated in Dollars, such amount, and
(b) with respect to any amount denominated in a Foreign Currency, the equivalent amount therefor in Dollars as determined by Bank at such time on the basis of the then-prevailing rate of exchange in San Francisco, California, for sales of the
Foreign Currency for transfer to the country issuing such Foreign Currency. 
 “Effective Date” is defined in the preamble
hereof. 
 “Equipment” is all “equipment” as defined in the Code with such additions to such term as may
hereafter be made, and includes without limitation all machinery, fixtures, goods, vehicles (including motor vehicles and trailers), and any interest in any of the foregoing. 

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

“Event of Default” is defined in Section 8. 

  
 29 

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

“Final Payment” is a payment of Thirty-Two Thousand Five Hundred Dollars ($32,500), due on the Funding Date of the Second
Supplemental Growth Capital Term Loan in connection with the Growth Capital Term Loan advanced under the Prior Loan Agreement. 

“Foreign Currency” means lawful money of a country other than the United States. 

“Funding Date” is any date on which a Credit Extension is made to or for the account of Borrower, which shall be a Business
Day. 
 “FX Contract” is any foreign exchange contract by and between Borrower and Bank under which Borrower commits to
purchase from or sell to Bank a specific amount of Foreign Currency on a specified date. 
 “GAAP” is generally accepted
accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such
other statements by such other Person as may be approved by a significant segment of the accounting profession, that are applicable to the circumstances as of the date of determination. 

“General Intangibles” is all “general intangibles” as defined in the Code in effect on the date hereof with such
additions to such term as may hereafter be made, and includes without limitation, all Intellectual Property, claims, income and other tax refunds, security and other deposits, payment intangibles, contract rights, options to purchase or sell real or
personal property, rights in all litigation presently or hereafter pending (whether in contract, tort or otherwise), insurance policies (including without limitation key man, property damage, and business interruption insurance), payments of
insurance and rights to payment of any kind. 
 “Governmental Approval” is any consent, authorization, approval, order,
license, franchise, permit, certificate, accreditation, registration, filing or notice, of, issued by, from or to, or other act by or in respect of, any Governmental Authority. 

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

“Guaranty” is any guarantee of all or any part of the Obligations, as the same may from time to time be amended, restated,
modified or otherwise supplemented. 

  
 30 

 “Indebtedness” is (a) indebtedness for borrowed money or the deferred price
of property or services, such as reimbursement and other obligations for surety bonds and letters of credit, (b) obligations evidenced by notes, bonds, debentures or similar instruments, (c) capital lease obligations, and (d) Contingent
Obligations. 
 “Indemnified Person” is defined in Section 12.3. 

“Insolvency Proceeding” is any proceeding by or against any Person under the United States Bankruptcy Code, or any other
bankruptcy or insolvency law, including assignments for the benefit of creditors, compositions, extensions generally with its creditors, or proceedings seeking reorganization, arrangement, or other relief. 

“Intellectual Property” means, with respect to any Person, all of such Person’s right, title, and interest in and to the
following: 
 (a) its Copyrights, Trademarks and Patents; 

(b) any and all trade secrets and trade secret rights, including, without limitation, any rights to unpatented inventions, know-how, operating
manuals; 
 (c) any and all source code; 

(d) any and all design rights which may be available such Person; 

(e) any and all claims for damages by way of past, present and future infringement of any of the foregoing, with the right, but not the
obligation, to sue for and collect such damages for said use or infringement of the Intellectual Property rights identified above; and 
 (f)
all amendments, renewals and extensions of any of the Copyrights, Trademarks or Patents. 
 “Inventory” is all
“inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials,
work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the
above. 
 “Investment” is any beneficial ownership interest in any Person (including stock, partnership interest or other
securities), and any loan, advance or capital contribution to any Person. 
 “Key Person” is Borrower’s Chief
Executive Officer, who is Jonathan Lim as of the Effective Date. 
 “Letter of Credit” is a standby or commercial letter of
credit issued by Bank upon request of Borrower based upon an application, guarantee, indemnity, or similar agreement. 

  
 31 

 “Lien” is a claim, mortgage, deed of trust, levy, charge, pledge, security
interest or other encumbrance of any kind, whether voluntarily incurred or arising by operation of law or otherwise against any property. 

“Loan Documents” are, collectively, this Agreement and any schedules, exhibits, certificates, notices, and any other
documents related to this Agreement, the Warrant, any Bank Services Agreement, any subordination agreement, any note, or notes or guaranties executed by Borrower or any Guarantor, and any other present or future agreement by Borrower and/or any
Guarantor with or for the benefit of Bank in connection with this Agreement or Bank Services, all as amended, restated, or otherwise modified. 

“Loan Margin” is six hundred fourteen (614) basis points. 

“Material Adverse Change” is (a) a material impairment in the perfection or priority of Bank’s Lien in the
Collateral or in the value of such Collateral; (b) a material adverse change in the business, operations, or financial condition of Borrower; or (c) a material impairment of the prospect of repayment of any portion of the Obligations. 

“Obligations” are Borrower’s obligation to pay when due any debts, principal, interest, fees, Bank Expenses, and other
amounts Borrower owes Bank now or later, whether under this Agreement, the other Loan Documents (other than the Warrant), or otherwise, including, without limitation, any interest accruing after Insolvency Proceedings begin and debts, liabilities,
or obligations of Borrower assigned to Bank, and the performance of Borrower’s duties under the Loan Documents (other than the Warrant). 

“Operating Documents” are, for any Person, such Person’s formation documents, as certified by the Secretary of State (or
equivalent agency) of such Person’s jurisdiction of organization on a date that is no earlier than thirty (30) days prior to the Effective Date, and, (a) if such Person is a corporation, its bylaws in current form, (b) if such
Person is a limited liability company, its limited liability company agreement (or similar agreement), and (c) if such Person is a partnership, its partnership agreement (or similar agreement), each of the foregoing with all current amendments
or modifications thereto. 
 “Patents” means all patents, patent applications and like protections including without
limitation improvements, divisions, continuations, renewals, reissues, extensions and continuations-in-part of the same. 

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

“Perfection Certificate” is defined in Section 5.1. 

“Permitted Indebtedness” is: 

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

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

  
 32 

 (c) Subordinated Debt; 

(d) unsecured Indebtedness to trade creditors incurred in the ordinary course of business; 

(e) Indebtedness incurred as a result of endorsing negotiable instruments received in the ordinary course of business; 

(f) Indebtedness secured by Liens permitted under clauses (a) and (c) of the definition of “Permitted Liens” hereunder; and

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

“Permitted Investments” are: 

(a) Investments (including, without limitation, Subsidiaries) shown on the Perfection Certificate and existing on the Effective Date; 

(b) (i) Investments consisting of Cash Equivalents, and (ii) any Investments permitted by Borrower’s investment policy, as
amended from time to time, provided that such investment policy (and any such amendment thereto) has been approved in writing by Bank; 
 (c)
Investments consisting of the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of Borrower; 

(d) Investments consisting of deposit accounts in which Bank has a perfected security interest; 

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

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

  
 33 

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

“Permitted Liens” are: 

(a) Liens existing on the Effective Date and shown on the Perfection Certificate or arising under this Agreement and the other Loan Documents;

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

(c) purchase money Liens (i) on Equipment acquired or held by Borrower incurred for financing the acquisition of the Equipment securing no
more than Fifty Thousand Dollars ($50,000) in the aggregate amount outstanding, or (ii) existing on Equipment when acquired, if the Lien is confined to the property and improvements and the proceeds of the Equipment; 

(d) Liens of carriers, warehousemen, suppliers, or other Persons that are possessory in nature arising in the ordinary course of business so
long as such Liens attach only to Inventory, securing liabilities in the aggregate amount not to exceed Fifty Thousand Dollars ($50,000) and which are not delinquent or remain payable without penalty or which are being contested in good faith and by
appropriate proceedings which proceedings have the effect of preventing the forfeiture or sale of the property subject thereto; 
 (e) Liens
to secure payment of workers’ compensation, employment insurance, old-age pensions, social security and other like obligations incurred in the ordinary course of business (other than Liens imposed by ERISA); 

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

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

(h) non-exclusive license of Intellectual Property granted to third parties in the ordinary course of business, and licenses of Intellectual
Property that could not result in a legal transfer of title of the licensed property that may be exclusive in respects other than territory and that may be exclusive as to territory only as to discreet geographical areas outside of the United
States; 

  
 34 

 (i) Liens arising from attachments or judgments, orders, or decrees in circumstances not
constituting an Event of Default under Sections 8.4 and 8.7; and 
 (j) Liens in favor of other financial institutions arising in connection
with Borrower’s deposit and/or securities accounts held at such institutions, provided that Bank has a perfected security interest in the amounts held in such deposit and/or securities accounts. 

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

“Prior Loan Agreement” is defined in the recitals hereto. 

“Registered Organization” is any “registered organization” as defined in the Code with such additions to such term
as may hereafter be made. 
 “Requirement of Law” is as to any Person, the organizational or governing documents of such
Person, and any law (statutory or common), treaty, rule or regulation or determination of an arbitrator or a court or other Governmental Authority, in each case applicable to or binding upon such Person or any of its property or to which such Person
or any of its property is subject. 
 “Responsible Officer” is any of the Chief Executive Officer, President, Chief
Financial Officer or Controller of Borrower. 
 “Restricted License” is any material license or other agreement with
respect to which Borrower is the licensee (a) that prohibits or otherwise restricts Borrower from granting a security interest in Borrower’s interest in such license or agreement or any other property, or (b) for which a default under
or termination of could interfere with the Bank’s right to sell any Collateral. 
 “SEC” shall mean the Securities and
Exchange Commission, any successor thereto, and any analogous Governmental Authority. 
 “Second Supplemental Conversion
Date” is defined in Section 2.1.1(b)(ii). 
 “Second Supplemental Final Payment” is a payment (in addition to
and not a substitution for the regular monthly payments of principal and accrued interest) due in accordance with Section 2.1.1 above, equal to the original principal amount of the Second Supplemental Growth Capital Term Loan multiplied by the
Second Supplemental Final Payment Percentage. 
 “Second Supplemental Final Payment Percentage” is ten and one-half percent
(10.50%). 
 “Second Supplemental Growth Capital Maturity Date” is the first (1st) day of the month which is
forty-eight (48) months from the Effective Date. 
 “Second Supplemental Growth Capital Term Loan” is defined in
Section 2.1.1(a). 

  
 35 

 “Second Supplemental Interest-Only Period” is the period commencing on the
Effective Date and continuing for twelve (12) consecutive months. 
 “Second Supplemental Prepayment Fee” shall be an
amount equal to (i) two percent (2.00%) of the outstanding principal balance of the Second Supplemental Growth Capital Term Loan if the principal balance of the Second Supplemental Growth Capital Term Loan is outstanding one (1) year
or less, or (ii) one percent (1.00%) of the outstanding principal balance of the Second Supplemental Growth Capital Term Loan if the principal balance of the Second Supplemental Growth Capital Term Loan is outstanding more than one
(1) year. 
 “Second Supplemental Repayment Period” is the period commencing on the Second Supplemental Conversion
Date and ending on the Second Supplemental Growth Capital Maturity Date. 
 “Securities Account” is any “securities
account” as defined in the Code with such additions to such term as may hereafter be made. 
 “Subordinated Debt” is
indebtedness incurred by Borrower subordinated to all of Borrower’s now or hereafter indebtedness to Bank (pursuant to a subordination, intercreditor, or other similar agreement in form and substance satisfactory to Bank entered into between
Bank and the other creditor), on terms acceptable to Bank. 
 “Subsidiary” is, as to any Person, a corporation,
partnership, limited liability company or other entity of which shares of stock or other ownership interests having ordinary voting power (other than stock or such other ownership interests having such power only by reason of the happening of a
contingency) to elect a majority of the board of directors or other managers of such corporation, partnership or other entity are at the time owned, or the management of which is otherwise controlled, directly or indirectly through one or more
intermediaries, or both, by such Person. Unless the context otherwise requires, each reference to a Subsidiary herein shall be a reference to a Subsidiary of Borrower. 

“Supplemental Final Payment” is a payment of Sixty-Five Thousand Dollars ($65,000), due on the Funding Date of the Second
Supplemental Growth Capital Term Loan in connection with the Supplemental Growth Capital Advances advanced under the Prior Loan Agreement. 

“Supplemental Growth Capital Advances” are the “Supplemental Growth Capital 

Advances” as advanced under, and defined in, the Prior Loan Agreement. 

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

“Transfer” is defined in Section 7.1. 

“Treasury Note Maturity” is thirty-six (36) months. 

  
 36 

 “Warrant” is, collectively, that certain Warrant to Purchase Stock dated as of
June 25, 2012, and executed by Borrower in favor of Bank and that certain Warrant to Purchase Stock dated as of February 27, 2013, and executed by Borrower in favor of Bank. 

[Signature page follows.] 

  
 37 

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

			
	BORROWER:
	
	 IGNYTA OPERATING, INC. (f/k/a Ignyta, Inc.

and NexDx, Inc.)

		
	By:	 	/s/ Zachary D Hornby
		 	Name: Zachary Hornby
		 	Title:   CFO
	
	IGNYTA, INC. (f/k/a Infinity Oil & Gas Company)
		
	By:	 	/s/ Zachary D Hornby
		 	Name: Zachary Hornby
		 	Title:   CFO
	
	BANK:
	
	SILICON VALLEY BANK
		
	By:	 	/s/ R. Michael White
		 	Name: R. Michael White
		 	Title:   Managing Director

 [Signature Page to Amended and Restated Loan and Security Agreement] 

 EXHIBIT A 

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

All goods, Accounts (including health-care receivables), Equipment, Inventory, contract rights or rights to payment of money, leases, license
agreements, franchise agreements, General Intangibles (except as provided below), commercial tort claims, documents, instruments (including any promissory notes), chattel paper (whether tangible or electronic), cash, deposit accounts, fixtures,
letters of credit rights (whether or not the letter of credit is evidenced by a writing), securities, and all other investment property, supporting obligations, and financial assets, whether now owned or hereafter acquired, wherever located; and

 all Borrower’s Books relating to the foregoing, and any and all claims, rights and interests in any of the above and all
substitutions for, additions, attachments, accessories, accessions and improvements to and replacements, products, proceeds and insurance proceeds of any or all of the foregoing. 

Notwithstanding the foregoing, the Collateral does not include any Intellectual Property; provided, however, the Collateral shall include all
Accounts and all proceeds of Intellectual Property. If a judicial authority (including a U.S. Bankruptcy Court) would hold that a security interest in the underlying Intellectual Property is necessary to have a security interest in such Accounts and
such property that are proceeds of Intellectual Property, then the Collateral shall automatically, and effective as of the Effective Date, include the Intellectual Property to the extent necessary to permit perfection of Bank’s security
interest in such Accounts and such other property of Borrower that are proceeds of the Intellectual Property. 
 Pursuant to the terms of a
certain negative pledge arrangement with Bank, Borrower has agreed not to encumber any of its Intellectual Property without Bank’s prior written consent. 

 EXHIBIT B 

Loan Payment/Advance Request Form 

DEADLINE FOR SAME DAY PROCESSING IS
NOON Pacific Time. 
  

					
	Fax To: (858) 622-1424	  		  	
Date:                           
                       

  

			
	 LOAN PAYMENT:
	  	
	 IGNYTA OPERATING, INC. and IGNYTA, INC.

		
	 From Account
#                                         
                                 
	  	To Account
#                                         
                                 
	(Deposit Account #)	  	(Loan Account #)
	 Principal
$                                         
                               
	  	and/or Interest
$                                         
                               
	 Authorized
Signature:                                      
                      
	  	
Phone Number:                         
                                         
  

	 Print
Name/Title:                                       
                                 
	  	

 
  

LOAN ADVANCE: 

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

 

			
	 From Account
#                                         
                               
	  	To Account
#                                         
                               
	(Loan Account #)	  	(Deposit Account #)
	 Amount of Advance
$                                         
                       
	  	

 All Borrower’s representations and warranties in the Amended and Restated Loan and
Security Agreement are true, correct and complete in all material respects on the date of the request for an advance; provided, however, that such materiality qualifier shall not be applicable to any representations and warranties that already are
qualified or modified by materiality in the text thereof; and provided, further that those representations and warranties expressly referring to a specific date shall be true, accurate and complete in all material respects as of such date: 

 

			
	
Authorized Signature:                       
                                       
	  	Phone Number
                                         
   :
	 Print
Name/Title:                                       
                                 
	  	

  

 

OUTGOING WIRE REQUEST: 

Complete only if all or a portion of funds from the loan advance above is to be wired. 

Deadline for same day processing is noon, P.S.T. 
  

			
	 Beneficiary Name:
                                         
                               
	  	Amount of Wire:
$                                         
                           
	 Beneficiary
                                         
                               Bank:
	  	Account
Number:                                        
                              
	 City and State:
	  	
		
	 Beneficiary Bank Transit (ABA)
#:                                        

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

		
	 Intermediary
Bank:                                        
                                
	  	Transit (ABA)
#:                                        
                            
	 For Further Credit
to:                                        
                                         
                                         
                                         
                

  

 

			
	
Special Instruction:                        
                                         
                                         
                                         
                                     

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

 

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

	  	Telephone
#:                                        
                                         

  

 EXHIBIT C 

BORROWING RESOLUTIONS 

[see attached] 

 EXHIBIT D 

COMPLIANCE CERTIFICATE 
  

					
	TO:	  	SILICON VALLEY BANK	  	Date:                             
	FROM:	  	IGNYTA OPERATING, INC. and IGNYTA, INC.	  	

 The undersigned authorized officer of IGNYTA OPERATING, INC., on behalf of Ignyta Operating, Inc. and Ignyta,
Inc. (individually and collectively, jointly and severally, “Borrower”) certifies that under the terms and conditions of the Amended and Restated Loan and Security Agreement between Borrower and Bank (the “Agreement”),
(1) Borrower is in complete compliance for the period ending             with all required covenants except as noted below, (2) there are no Events of Default, (3) all
representations and warranties in the Agreement are true and correct in all material respects on this date except as noted below; provided, however, that such materiality qualifier shall not be applicable to any representations and warranties that
already are qualified or modified by materiality in the text thereof; and provided, further that those representations and warranties expressly referring to a specific date shall be true, accurate and complete in all material respects as of such
date, (4) Borrower, and each of its Subsidiaries, has timely filed all required tax returns and reports, and Borrower has timely paid all foreign, federal, state and local taxes, assessments, deposits and contributions owed by Borrower except
as otherwise permitted pursuant to the terms of Section 5.8 of the Agreement, and (5) no Liens have been levied or claims made against Borrower or any of its Subsidiaries relating to unpaid employee payroll or benefits of which Borrower
has not previously provided written notification to Bank. Attached are the required documents supporting the certification. The undersigned certifies that these are prepared in accordance with GAAP consistently applied from one period to the next
except as explained in an accompanying letter or footnotes. The undersigned acknowledges that no borrowings may be requested at any time or date of determination that Borrower is not in compliance with any of the terms of the Agreement, and that
compliance is determined not just at the date this certificate is delivered. Capitalized terms used but not otherwise defined herein shall have the meanings given them in the Agreement. 

Please indicate compliance status by circling Yes/No under “Complies” column. 

 

							
	 Reporting Covenant
	 	 Required
	 	Complies	 
	 Monthly Compliance Certificate
	 	Monthly within 30 days	 	 	Yes No	  
	 Quarterly financial statements
	 	Quarterly within 45 days (Q1, Q2, Q3) (90 days for Q4)	 	 	Yes No	  
	 Annual financial statement (CPA Audited) + CC
	 	FYE within 180 days	 	 	Yes No	  
	 Annual Board Approved Financial Projections
	 	Earlier of 7 days after Board approval or 60 days after FYE	 	 	Yes No	  

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

									
	IGNYTA OPERATING, INC., on behalf of itself and all Borrowers	 		 	BANK USE ONLY
		 		 	Received by:	 	 
		 		 		 	AUTHORIZED SIGNER
					
	 By:
	 	 	 		 	Date:	 	 
	 Name:
	 	 	 		 	Verified:	 	 
	 Title:
	 	 	 		 		 	AUTHORIZED SIGNER
		 		 		 	Date:	 	 
		 		 		 	Compliance Status:        Yes    No

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00225-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00225-of-00352.parquet"}]]