Document:

EX-10.18

 Exhibit 10.18 

EMPLOYMENT AGREEMENT 
 This
Employment Agreement (this “Agreement”) is entered into, on this 6th day of August 2019 by and between Venus Concept UK Ltd, a wholly owned subsidiary of Venus Concept, Ltd. (the “Employer”), and Soeren Maor Sinay of [XXX] (the
“Executive”) regarding Executive’s work as the Chief Operating Officer of Venus Concept, Ltd. (“the Company”) (together referred to herein as the “Parties”). 

This Agreement sets out the terms and conditions of employment in accordance with the requirements of the Employment Rights Act 1996. 

RECITALS 
 WHEREAS, the
Executive is a party to an Employment Agreement with Venus Concept Canada Corp. dated as of August 22, 2017 (the “Prior Employment Agreement) and commenced employment on September 1, 2017; and 

WHEREAS, the Company desires to assure itself of the continued benefit of the services of Executive and the parties desire that the employment
relationship be established upon the terms and conditions of this Agreement, and 
 WHEREAS, the Executive desires to be employed by the Company
under terms and conditions of this Agreement as of August 6, 2019, or other date mutually agreed by the parties (the “Effective Date”); and 

WHEREAS, a purpose of this Agreement is to replace the Prior Employment Agreement. 

NOW, THEREFORE, in consideration of the promises and covenants herein contained, and intending to be legally bound, the parties hereto agree as
follows: 
  

	 	1.	 Employment of the Executive; Duties. 

 

	 	(a)	 General. The foregoing recitals are incorporated by reference as if fully set forth herein. On the
Effective Date, this Agreement shall supersede and replace the Prior Employment Agreement. Commencing on the Effective Date, the Executive shall be employed by Venus Concept UK, Ltd. as Chief Operating Officer of Venus Concept, Ltd., reporting
directly to the Chief Executive Officer of the Company in accordance with the terms and subject to the conditions set forth in this Agreement. The Executive agrees and acknowledges that the changes in employment, position, duties or otherwise from
the Prior Employment Agreement to this Agreement do not constitute “Good Reason” under the Prior Employment Agreement and that the Executive is not entitled to receive any Severance payments, Bonus, Change in Control payments, Option or
other Equity Award acceleration, or any other payments under or pursuant to the Prior Employment Agreement. 

  
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	 	(b)	 Position and Duties. Employer desires to employ Executive from the Effective Date, and in the position
set forth in this Section 1, and upon the other terms and conditions herein provided. Executive’s employment under the Prior Employment Agreement counts towards the Executive’s period of continuous employment and hence from
September 1, 2017. As Chief Operating Officer, Executive shall be responsible for global operations including production, inventory management and logistics as well as the operating performance of the Venus Concept Group of Companies’
global direct offices. Executive shall also serve in such other capacity or capacities as the Company may from time to time prescribe. As a Company employee, Executive will continue to be expected to comply with Company policies.

  

	 	(c)	 Location. Executive shall perform services for the Company from the Employer’s office located in
London, England currently at 4th Floor, 1 Farriers Yard, 77-85 Fulham Palace Road, London W6 8JAor with the Company’s consent, at any other place in
connection with the fulfillment of Executive’s role with the Company; provided, however, that Executive agrees to travel on Company business (both within the UK or abroad) as may be required for the proper performance of Executive’s
duties under this Agreement. During Executive’s employment under this Agreement, Executive shall not be required to work outside the UK for any continuous period of more than one month. 

 

	 	(d)	 Exclusivity. Subject to the terms and conditions set forth in this Agreement, the Company agrees to
employ Executive as of the date hereof, and Executive hereby accepts such employment and agrees to devote his full time and attention to the business and affairs of the Company, in such capacity or capacities and to perform to the best of his
ability such series as shall be determined from time to time by the Chief Executive Officer and the Board of Directors of the Company until the termination of his employment hereunder. 

Further, it is the Company’s understanding that there is not any other agreement with a prior employer that would restrict Executive from
performing the duties of Executive’s position with the Company and Executive represents that such is the case. Moreover, Executive agrees that he has a duty of loyalty to the Company. Further, Executive agrees that during his employment with
the Company, Executive will not engage in any other employment, occupation, consulting or other business activity directly related to a business involved in the development, manufacturing and/or marketing of noninvasive, minimally invasive aesthetic
technologies and other support marketing service or products specific to the business of the Company during Executive’s employment (a Competing Business), nor will Executive engage in any other activities that materially conflict with
Executive’s obligations with the Company. Notwithstanding the foregoing, Executive may devote reasonable time to unpaid activities such as supervision of personal investments and activities involving professional, charitable, educational,
religious, civic and similar types of activities, speaking engagements and membership on committees, provided such activities do not individually or in the aggregate interfere with the performance of Executive’s duties under this
Agreement, violate the Company’s standards of conduct then in effect, or raise a conflict under the Company’s conflict of interest policies. 

  
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	 	(e)	 Other interests. During the continuance of Executive’s employment under this Agreement, Executive
shall not hold any shares, securities or have any interest of any kind in any company (other than the Company and Executive’s previously disclosed shareholding interest in Technicalbiomed Co., Ltd.) or other business organization, save that
Executive may hold not more than five percent of the issued shares or other securities of any class of any one company which is not a competitor of the Company, where such shares or other securities are listed or dealt in on a recognized investment
exchange in the United Kingdom or elsewhere, and are to be held by Executive for investment purposes only. For the avoidance of doubt, Executive is not permitted to maintain any active role in the management, direction or executive business of
Technicalbiomed Co., Ltd. 

  

	 	2.	 Compensation and Related Matters. 

 

	 	(a)	 Base Salary. Executive’s annual base salary (as may be increased from time to time, “Base
Salary”) will be £240,000.00, less payroll deductions and all required withholdings (including in relation to employee’s National Insurance contributions), payable in accordance with the Company’s normal payroll practices.
The Base Salary will be paid in twelve equal monthly installments into Executive’s nominated back account. The Company shall review Executive’s Base Salary periodically and any increase to Executive’s Base Salary, if any, will be made
solely at the discretion of the Company. 

  

	 	(b)	 Annual Discretionary Bonus. Executive will continue to be eligible to receive a discretionary annual
performance bonus, based upon the annual board approved “scorecard” system with a target achievement of forty-five percent (45%) of Executive’s then-Base Salary (the “Annual Bonus”). Any Annual Bonus amount payable
shall be based on the achievement of personal and Company performance goals to be established by the Company and its Board of Directors after consultation with Executive at the start of each fiscal year. The Chief Executive Officer shall review
Executive’s Annual Bonus periodically. Any Annual Bonus earned for the current fiscal year during the Effective Date shall be pro-rated for the partial year of service. Executive hereby acknowledges and
agrees that nothing contained herein confers upon Executive any right to an Annual Bonus in any calendar year, and that whether the Company pays Executive an Annual Bonus will be determined by the Board of Directors. Executive must be employed with
the Company at the time the Annual Bonus is paid in order for the Annual Bonus to be earned. Any Annual bonus earned by Executive pursuant to this section shall be paid to Executive, less authorized deductions and required withholding obligations,
according to Company policy and after Board approval following the end of the fiscal year to which the Annual Bonus relates. 

  
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	 	(c)	 Equity Plan. Executive shall be entitled to participate in the Company’s equity incentive plan, as
may exist and/or be amended from time to time and receive grants as determined by the Board of Directors in its discretion. 

  

	 	(d)	 Benefits. Executive may participate in such employee and executive benefit plans and programs as the
Company may from time to time offer to provide to its executives, subject to the terms and conditions of such plans. Notwithstanding, nothing herein is intended, or shall be construed, to require the Company to institute or continue any, or any
particular, plan or benefits. 

  

	 	(e)	 Vacation/Holiday Entitlement. Executive shall be entitled to 28 days’ vacation/holiday entitlement
including UK public holidays and other paid time-off benefits provided by the Company from time to time that are applicable to the Company’s executive officers in accordance with Company policy. The
opportunity to take paid time off is contingent upon Executive’s workload and ability to manage Executive’s schedule. 

  

	 	(f)	 Sickness; Payment & Notification. Executive shall, in the event of him becoming
temporarily incapacitated for work due to sickness or injury, inform the Company without delay not later than 10:00 am on the day of the indisposition stating the reason for absence and the expected date of return to work. If incapacity persists for
more than seven days, notice of the condition must be given in writing on the eighth day of incapacity and at least every seven days thereafter whilst incapacity continues, and medical certificates must be provided to the Company in line with
Company policy. 

 Payment for incapacity will be subject to the Statutory Sick Pay (SSP) rules as prevailing. SSP is
payable after three qualifying days at the current applicable rate set by the Government of the United Kingdom although the Company may exercise its discretion and pay Executive full basic salary up to a maximum of four weeks per annum. 

 

	 	(g)	 Business Expenses. The Company shall reimburse Executive for all reasonable and necessary business
expenses incurred in the conduct of Executive’s duties hereunder in accordance with the Company’s expense reimbursement policies. In addition, the Company shall continue to reimburse or directly pay the costs incurred by Executive for any
reasonable travel expenses and reasonable accommodations. The expenses referred to in this Section 2(g) shall be paid directly by the Company or reimbursed upon Executive’s submission of receipts and proper expense reports in such form as
may be required by the Company consistent with the Company’s policies in place from time-to-time. The Executive will be entitled to travel lowest fare business
class for any trips greater than 3 hours in length and a maximum of US$800 for trips shorter than 3 hours. 

  

	 	(h)	 Car Allowance. The Company will lease a vehicle for the Executive up to the maximum value of £800
per month or otherwise reimburse the Executive for the costs associated with a motor vehicle. 

  
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	 	(i)	 Telephone allowance. The Executive will also be entitled to receive £100 per month as a mobile
phone allowance. 

  

	 	(j)	 Health Benefits. The Company shall enroll the Executive into the Company’s health plan as is
customary for senior employees in the UK. 

  

	 	(k)	 Indemnification. The Company and Executive shall be bound by a mutually acceptable Indemnification
Agreement to be entered into between Executive and the Company. In addition, the Company agrees to maintain Directors and Officers Liability Insurance providing a level of protection of no less than $15,000,000 for so long as Executive serves as a
director and/or officer of the Company. 

  

	 	(l)	 Pension: In accordance with UK legal requirements, Executive will be automatically enrolled into the
Company’s UK pension scheme administered by NEST subject to Executive’s decision to opt out of the said scheme. Further details of the NEST pension scheme are available from Anisah Vidale. 

 

	 	3.	 Termination. 

 

	 	(a)	 Notice Period. Without prejudice to any other term of this Agreement providing for earlier termination,
either party can terminate Executive’s employment in the first two years of continuous employment by giving one week’s notice in writing. After that time, either party can terminate Executive’s employment by giving written notice of
one week for each complete year of continuous employment, up to a maximum of 12 weeks’ notice after 12 years of more. The Company may at its discretion terminate Executive’s employment without notice and make a payment in lieu of notice.
If Executive’s employment terminates for any reason, Executive shall not be entitled to any payments, benefits, damages, awards or compensation other than as provided by this Agreement. 

 

	 	(b)	 Deemed Resignation. Upon termination of Executive’s employment for any reason, Executive shall be
deemed to have resigned from all offices and directorships, if any, then held with the Company or any of its affiliates, and, at the Company’s request, Executive shall execute such documents as are necessary or desirable to effectuate such
resignations. 

  

	 	4.	 Obligations At Termination: 

 

	 	(a)	 Executive’s Obligations. Executive hereby acknowledges and agrees that all Personal Property (as
defined below) and equipment furnished to, or prepared by, Executive in the course of, or incident to, Executive’s employment, belongs to the Company and shall be promptly returned to the Company upon termination of Executive’s employment
(and will not be kept in Executive’s possession or delivered to anyone else). For purposes of this Agreement, “Personal Property” includes, without limitation, all books, manuals, records, reports, notes, contracts, lists,
blueprints, and other documents, or materials, or copies thereof (including computer files), keys, building card keys, company credit cards, telephone calling cards, computer hardware and software, cellular and portable telephone equipment,

  
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personal digital assistant (“PDA”) devices, and all other proprietary information relating to the business of the Company or its subsidiaries or affiliates. Following termination,
Executive shall not retain any written or other tangible material containing any proprietary information of the Company or its subsidiaries or affiliates. In addition, Executive shall continue to be subject to the Confidential Information Agreement.
The representations and warranties contained herein and Executive’s obligations under Subsection 4(a) and the Confidential Information Agreement (the terms of which are incorporated herein) shall survive the termination of Executive’s
employment and the termination of this Agreement. 

  

	 	(b)	 Payments of Accrued Obligations upon Termination of Employment. Upon a termination of Executive’s
employment for any reason, Executive (or Executive’s estate or legal representative, as applicable) shall be entitled to receive, within 10 (ten) days after the date of termination of Executive’s employment with the Company (or such
earlier date as may be required by applicable law); (i) any portion of Executive’s Base Salary earned through Executive’s date of termination of employment not theretofore paid, (ii) any expenses owed to Executive under
Section 2(g) above, (iii) any accrued but unused vacation pay owed to Executive pursuant to Section 2(e) above, and (iv) any amount arising from Executive’s participation in, or benefits under, any employee benefit plans,
programs or arrangements under Section 2(d) and 2(h)-(l) above, which amounts shall be payable in accordance with the terms and conditions of such employee benefit plans, programs or arrangements. 

 

	 	(c)	 Termination Other Than During A Change in Control Period. In the event that Executive’s employment
is involuntarily terminated by the Company other than during a Change In Control Period (as hereinafter defined) and other than for Cause, and if Executive, executes a general release of all claims against the Company and its affiliates in a form
acceptable to the Company (a “Release of Claims”) within 60 days following such involuntary termination, then in addition to any accrued obligations payable under Section 4(b) above, the Company shall provide Executive with the
following: 

  

	 	(i)	 Severance. Executive shall be entitled to receive severance in an amount equal to twelve
(12) months of Executive’s then-existing annual Base Salary in effect as of Executive’s termination date. Annual Bonus assuming achievement of performance goals at target, pro rata, in each case, as in effect as of Executive’s
termination date. Such amount will be subject to applicable withholdings and payable in a single lump sum cash payment on the first regular payroll date following the 60-day anniversary date of
Executive’s separation from service, subject to Section 9(b), below. 

  

	 	(ii)	 Benefits Continuation. The Company shall continue Executive’s participation in group benefits plans
sponsored by the Company, subject to the terms and conditions of such plans, for the period commencing on the date of termination of Executive’s employment through the earlier of (A) the last day of the third calendar month following the
date of termination of 

  
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Executive’s employment and (B) the date Executive and Executive’s covered dependents, if any, become eligible for coverage under another employer’s plan(s). Executive shall
notify the Company immediately if Executive becomes covered by a group plan of a subsequent employer. 

  

	 	(d)	 Covered Termination On or After a Change in Control Period. If Executive experiences a Covered
Termination on or after a Change in Control Period, and if Executive executes a Release of Claims, following such Covered Termination, then in addition to any accrued obligations payable under Section 4(b) above, the Company shall provide
Executive with the following: 

  

	 	(i)	 Severance. Executive shall be entitled to receive severance in an amount equal to twelve
(12) months of the Executive’s then existing monthly Base Salary. Such amount will be subject to applicable withholdings and payable in a single lump sum cash payment on the first regular payroll date following the 60-day anniversary date of Executive’s separation from service, subject to Section 9 below. 

  

	 	(ii)	 Equity Awards. Each outstanding equity award, including, without limitation, each stock option and restricted
stock award, held by Executive shall automatically become vested and, if applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon shall immediately lapse, in each case, with respect to one hundred percent (100%) of the
then-unvested shares subject to such outstanding award effective as of immediately prior to such the date of termination of Executive’s employment. 

  

	 	(iii)	 Benefits Continuation. The Company shall continue Executive’s participation in group benefits plans
sponsored by the Company, subject to the terms and conditions of such plans, for the period commencing on the date of termination of Executive’s employment through the earlier of (A) the last day of the ninth full calendar monthly
following the date of termination of Executive’s employment and (B) the date Executive and Executive’s covered dependents, if any, become eligible for coverage under another employer’s plan(s). Executive shall notify the Company
immediately if Executive becomes covered by a group plan of a subsequent employer. 

  

	 	(e)	 Termination for Cause/Gross Misconduct. The Company may terminate the Executive’s employment at any
time, for Cause or Gross Misconduct, without notice or any payment in lieu thereof, and upon payment of the accrued obligations payable under Section 4(b) above, shall have no further obligations to the Executive. 

 

	 	(f)	 Competition. Executive acknowledges and agrees that (i) he has had the opportunity to take
independent legal advice on the restrictions below, (ii) the restrictions are considered by the parties to be reasonable in all the circumstances, 

  
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(iii) the duration and extent of each of the restrictions are no greater than necessary for the protection of the Company’s legitimate commercial interests and/or those of any group company,
(iv) if any of the restrictions by itself, or taken together with any of the others, is found to be void or unenforceable but would be valid if some part of it were deleted, such restriction shall apply with such modification as may be
necessary to make it valid and effective, and (v) the restrictions are separate and severable and enforceable as such, so that if any restriction is determined as being unenforceable in whole or in part for any reason, that shall not affect the
enforceability of any of the remaining restrictions or, in the case of part of a restriction being unenforceable, of the remainder of that restriction. Nothing in this section shall preclude Executive from holding not more than 5% of any class of
issued shares or other securities which are listed or dealt in on any recognized investment exchange (as defined in section 285(1) of the Financial Services and Markets Act 2000 or any comparable exchange or market) by way of bona fide investment
only. Furthermore, nothing in this section shall apply to Executive’s shareholding interest in Technicalbiomed Co., Ltd. pursuant to Section 1(e) above. Executive agrees that during the Restricted Period, Executive shall not, without the
Company’s prior written consent, directly or indirectly: 

  

	 	(i)	 set up on his own behalf or otherwise control any business engaged in, or which is intended to be engaged in,
any business which is in competition with the Restricted Business; 

  

	 	(ii)	 take up employment in or consultancy with or render services to or otherwise be engaged, interested or
concerned in (whether as principal, servant, agent, employee, consultant or otherwise) any business which is in competition with the Restricted Business; 

  

	 	(iii)	 whether on his own account or for or on behalf or any other person, firm, company or any other legal entity, in
competition with the Restricted Business: 

  

	 	1.	 solicit or entice away from the Company (or seek to endeavor to do so) the custom or business of any Customer

  

	 	2.	 solicit or entice away from the Company (or seek to endeavor to do so) the custom or business of any
Prospective Customer; 

  

	 	3.	 do any business with, accept orders from, or have any business dealings with any Customer;

  

	 	4.	 do any business with, accept orders from, or have any business dealings with any Prospective Customer;

  

	 	(iv)	 solicit, employ or attempt to employ, engage or attempt to engage, induce or attempt to induce to cease working
for or providing services to the Company any Relevant Person, whether or not any person would thereby commit a breach of contract, or in any way interfere with the relationship between the Company and any such individual. 

  
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	 	(g)	 Full and Final Satisfaction; No Other Obligations. The payments and benefits provided under this
Section 4 shall be inclusive of all of Executive’s statutory entitlements to notice or pay in lieu thereof and severance pay, if any, and will be provided to Executive in full and final satisfaction of his entitlements to notice, pay in
lieu of notice, severance, and any other payments or benefits arising from Executive’s employment and termination thereof, pursuant to contract, tort, statute, common law, or otherwise. The provisions of this Section 4 shall supersede in
their entirety any severance payment or other arrangement provided by the Company, including, without limitation, any prior agreement and any severance plan/policy of the Company. 

 

	 	(h)	 No Requirement to Mitigate; Survival. Executive shall not be required to mitigate the amount of any
payment provided for under this Agreement by seeking other employment or in any other manner. Notwithstanding anything to the contrary in this Agreement, the termination of Executive’s employment shall not impair the rights or obligations of
any Party. 

  

	 	5.	 Successors. 

 

	 	(a)	 Company’s Successors. Any successor to the Company (whether direct or indirect and whether by
purchase, merger, consolidation, liquidation or otherwise) to all or substantially all of the Company’s business and/or assets shall assume the obligations under this Agreement and agree expressly to perform the obligations under this Agreement
in the same manner and to the same extent as the Company would be required to perform such obligations in the absence of a succession. For all purposes under this Agreement, the term “Company” shall include any successor to the
Company’s business and/or assets which executes and delivers the assumption agreement described in this Section 5(a) or which becomes bound by the terms of this Agreement by operation of law. 

 

	 	(b)	 Executive’s Successors. The terms of this Agreement and all rights of Executive hereunder shall
inure to the benefit of, and be enforceable by, Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees 

 

	 	6.	 Notices. Notices and all other communications contemplated by this Agreement shall be in writing
and shall be deemed to have been duly given when personally delivered or one day following mailing via Federal Express or similar overnight courier service. In the case of Executive, mailed notices shall be addressed to Executive at Executive’s
home address that the Company has on file for Executive. In the case of the Company and/or Employer, mailed notices shall be addressed to Employer’s London office, and all notices shall be directed to the attention of the General Counsel of the
Company. 

  
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	 	7.	 Miscellaneous Provisions. 

 

	 	(a)	 Work Eligibility. As a condition of Executive’s employment with the Company, Executive will be
required to provide evidence of Executive’s identity and eligibility for employment in the United Kingdom. It is required that Executive brings the appropriate documentation with Executive at the time of employment. 

 

	 	(b)	 Confidentiality Agreement. As a condition of Executive’s employment Executive agrees to execute a
Confidential Information Agreement between Executive and the Company which meets approval of the Company. 

  

	 	(c)	 Withholdings and Offsets. The Company shall be entitled to withhold from any amounts payable under this
Agreement any government, provincial, local or foreign withholding or other taxes or charges which the Company is required to withhold (including employee National Insurance contributions). The Company shall be entitled to rely on an opinion of
counsel if any questions as to the amount or requirement of withholding shall arise. If Executive is indebted to the Company on the date of his or her termination of employment, the Company reserves the right to offset any payments in lieu of notice
under this Agreement by the amount of such indebtedness. 

  

	 	(d)	 Waiver. No provision of this Agreement shall be modified, waived or discharged unless the modification,
waiver or discharge is agreed to in writing and signed by Executive and by an authorized officer of the Company (other than Executive). No waiver by either party of any breach of, or of compliance with, any condition or provision of this Agreement
by the other party shall be considered a waiver of any other condition or provision or of the same condition or provision at another time. 

  

	 	(e)	 Controlling Agreement. This Agreement shall supersede and replace Executive’s Prior Employment
Agreement. The Executive agrees and acknowledges that the changes in employment, position, duties or otherwise from the Prior Employment Agreement to this to this Agreement do not constitute “Good Reason” under the Prior Employment
Agreement and that Executive is not entitled to receive any Severance payments, Bonus, Change in Control payments, Option or other Equity Award acceleration, or any other payments under or pursuant to the Prior Employment Agreement.

  

	 	(f)	 Whole Agreement. This Agreement and the Confidential Information Agreement represent the entire
understanding of the parties here to with respect to the subject matter hereof and supersede all prior arrangements and understandings regarding same, including, without limitation, any severance plan of the Company and the Prior Agreement.
Executive agrees and acknowledges that this Agreement supersedes and replaces in its entirety the Prior Agreement. 

  

	 	(g)	 Amendment. This Agreement cannot be amended or modified except by a written agreement signed by
Executive and an authorized member of the Company. 

  
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	 	(h)	 Choice of Law. The validity, interpretation, construction and performance of this Agreement shall be
governed by the laws of England and Wales, and the Parties hereto submit the exclusive jurisdiction of the courts of England and Wales. 

  

	 	(i)	 Severability. The finding by a court of competent jurisdiction of the unenforceability, invalidity or
illegality of any provision of this Agreement shall not render any other provision of this Agreement unenforceable, invalid or illegal, and such unenforceable, invalid or illegal provision shall be deemed severed from this Agreement and the
remaining terms shall continue in full force and effect. 

  

	 	(j)	 Interpretation: Construction. The headings set forth in this Agreement are for convenience of reference
only and shall not be used in interpreting this Agreement. This Agreement was drafted by legal counsel representing the Company, but Executive has been encouraged to consult with, and has consulted with, Executive’s own independent counsel and
tax advisors with respect to the terms of this Agreement. The parties hereto acknowledge that each party hereto and its counsel has reviewed and revised, or had an opportunity to review and revise, this Agreement, and any rule of construction to the
effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreement. 

  

	 	(k)	 Representations; Warranties. Executive represents and warrants that Executive is not restricted or
prohibited, contractually or otherwise, from entering into and performing each of the terms and covenants contained in this Agreement, and that Executive’s execution and performance of this Agreement will not violate or breach any other
agreements between Executive and any other person or entity and that Executive has not engaged in any act or omission that could be reasonably expected to result in or lead to an event constituting “Cause” for purposes of this Agreement.

  

	 	(l)	 Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original,
but all of which together will constitute one and the same instrument. 

  

	 	8.	 Disciplinary and Grievance Procedures. Your attention is drawn to the disciplinary and grievance
procedures applicable to your employment, copies of which are available from the General Counsel. These procedures do not form part of your contract of employment. If you wish to appeal against a disciplinary decision you may apply in writing to the
Vice-President in accordance with our disciplinary procedure. If you wish to raise a grievance you may apply in writing to the Vice-President in accordance with our grievance procedure. 

 

	 	9.	 Release/Settlement. The Company shall be entitled as a condition to paying any severance pay or
providing any benefits hereunder upon a termination of the Executive’s employment to require the Executive to enter into, on or before the making of any severance payment or providing of any benefit, a UK statutory settlement agreement on terms
acceptable to the Company, including a release or waiver of any contractual and statutory claims arising from Executive’s employment and/or its termination. Unless otherwise required by applicable law, the settlement agreement must be executed
and become effective and irrevocable within thirty (30) days of the Executive’s Date of Termination. 

  
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	 	10.	 Definition of Terms. The following terms referred to in this Agreement shall have the following
meanings: 

  

	 	(a)	 Employer. “Employer” means Venus Concept UK Limited, whose registered office is 4th Floor 1
Farriers Yard, 77-85 Fulham Palace Road, London, United Kingdom, W68JA (Company Registration Number 09544725). 

  

	 	(b)	 Company. The “Company” means Venus Concept, Ltd., which conduts business in the United Kingdom
through its wholly owned subsidiary, Venus Concept UK, Ltd. Venus Concept, Ltd. has authorized Venus Concept UK, Ltd. to enter this agreement on its behalf. 

  

	 	(c)	 Board. The “Board” means the Company’s board of directors. 

 

	 	(d)	 Cause/Gross Misconduct. “Cause” means (i) theft or falsification of any employment or
Company records committed by Executive that is not trivial in nature; (ii) malicious or willful, reckless disclosure by Executive of the Company’s confidential or proprietary information; (iii) commission by Executive of any immoral
or illegal act or any gross or willful misconduct where a majority of the non-employee members of the Board reasonably determines that such act or misconduct has (A) seriously undermined the ability of
the Board to entrust Executive with important matters or otherwise work effectively with Executive,(B)contributed to the Company’s loss of significant revenues or business opportunities, or (C) significantly and detrimentally affected the
business or reputation of the Company or any of its subsidiaries; and/or (iv) the willful failure or refusal by Executive to follow the reasonable and lawful directives of the Board, provided such failure or refusal continues after
Executive’s receipt of reasonable notice in writing of such failure or refusal and an opportunity of not less than thirty (30) days to correct the problem. Anything herein to the contrary notwithstanding, no act, or failure to act, on
Executive’s part shall be considered “willful” unless it is done, or omitted to be done, by Executive without a good faith belief that Executive’s action or omission was in, or not opposed to, the best interests of the Company.

  

	 	(e)	 Change in Control. Notwithstanding anything in this Agreement to the contrary, prior to the merger of
Restoration Robotics, Inc., a Delaware corporation, and the Company (the “Merger”), “Change in Control” shall not be applicable, and no compensation or benefits shall be payable pursuant to this Agreement in relation to the
Merger or any transaction occurring prior to or at the time of the Merger. Following the Merger, “Change in Control” shall have the meaning set forth in the Venus Concept, Inc.’s 2019 Incentive Award Plan, as amended from time to
time. Notwithstanding the foregoing sentence, if and to the extent that a Change in Control is the payment trigger for amounts of deferred compensation under this Agreement, then the Change in Control must also constitute a “change in control

  
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event,” as defined in Treasury Regulation Section I .409A-3(i)(5) to the extent required by Section 409A. The Company shall have full and final
authority, which shall be exercised in its discretion, to determine conclusively whether a Change in Control of the Company has occurred pursuant to the above definition, and the date of the occurrence of such Change in Control and any incidental
matters relating thereto; provided that any exercise of authority is in conjunction with a determination of whether a Change in Control is a “change in control event” as defined in Treasury Regulation
Section 1.409A-3(i)(5) shall be consistent with such regulation. 

  

	 	(f)	 Change in Control Period. “Change in Control Period” means the period of time commencing three
(3) months prior to a Change in Control and ending twelve (12) months following the Change in Control. 

  

	 	(g)	 Covered Termination. “Covered Termination “shall mean the Executive’s Separation from
Service by the Company for any reason other than for Cause or by the Executive for Good Reason. 

  

	 	(h)	 Customer. “Customer” means any person, firm, company or any other legal entity who shall have
been within the period of twelve months immediately prior to the date Executive’s employment is terminated, a client or customer of or in the habit of dealing with the Company and (i) with whom or which, during such period Executive had
contact in the course of Executive’s appointment; and / or (ii) in relation to whom or which Executive by reason of Executive’s appointment with the Company is in possession of any trade secrets or confidential information.

  

	 	(i)	 Good Reason. “Good Reason” means Executive’s right to resign from employment with the
Company after providing written notice to the Company within sixty (60) days after one or more of the following events occurs without Executive’s consent provided such event remains uncured thirty (30) days after Executive delivers to
the Company written notice thereof: (i) a material reduction in Executive’s authority, duties and responsibilities as Chief Operating Officer, including a material reduction of authority, duties and responsibilities which results from
Executive no longer serving as an officer of the Company; (ii) a material reduction by the Company in Executive ‘s Base Salary in effect immediately prior to such reduction; or (iii) the failure of any entity that acquires all or
substantially all of the assets of the Company in a Change in Control to assume the Company’s obligations under this Agreement. Executive must terminate his employment within 90 days of the initial existence of the Good Reason condition.

  

	 	(j)	 Prior Employment Agreement. “Prior Employment Agreement” means the Employment Agreement
between the Executive and Venus Concept Canada Corp dated 22 August 2017. 

  

	 	(k)	 Prospective Customer. “Prospective Customer” means any person, firm, company or any other
legal entity with whom the Company, during the twelve months prior to the date Executive’s employment is terminated, shall have had negotiations or 

  
 - 13 - 

	 	
discussions for the supply or provision of services supplied or provided by the Company and (i) with whom or which, during such period Executive had contact during the course of such
negotiations or discussions; and / or (ii) in relation to whom Executive by reason of his appointment with the Company is in possession of any trade secrets or confidential information 

 

	 	(l)	 Relevant Person. “Relevant Person” means any person with whom Executive had dealings during
the twelve months immediately preceding the date Executive’s employment is terminated and who on the date Executive’s employment is terminated was a Director or Non-Executive Director or an employee
of the Company engaged in a senior, managerial or technical capacity. 

  

	 	(m)	 Restricted Business. “Restricted Business” means the business or activities carried out by the
Company at the date Executive’s employment is terminated in which Executive has been directly concerned at any time during the twelve months prior to the date Executive’s employment is terminated. 

 

	 	(n)	 Restricted Period. “Restricted Period” means, for the purposes of clauses 4.f.i and 4.f.ii the
period of six months following the date Executive’s employment is terminated and, for the purposes of clauses 4.f.iii and 4.f.iv, the period of twelve months following the date Executive’s employment is terminated, and in each case less
any period immediately prior to the date Executive’s employment is terminated that Executive may have been required to spend on garden leave. 

(Signature page follows) 

  
 - 14 - 

 IN WITNESS WHEREOF, each of the parties has executed this Agreement, in the case of the Company by
its duly authorized officer, as of the day and year set forth below. 
  

			
	VENUS CONCEPT UK LIMITED

 
			
		
	By:	 	/s/ Domenic Serafino

 
			
		
	Name:	 	Domenic Serafino

 
			
		
	Title:	 	Chief Executive Officer

 
			
		
	Date:	 	August 14, 2019

  

			
	SOEREN MAOR SINAY

 
			
		
	By:	 	/s/ Soeren Maor Sinay

 
			
		
	Name:	 	Soeren Maor Sinay

 
			
		
	Date:	 	August 14, 2019

 (Signature Page to Employment Agreement)EX-10.19

 Exhibit 10.19 

VENUS CONCEPT INC. 

FORM OF INDEMNIFICATION AGREEMENT 

This Indemnification Agreement (this “Agreement”) is effective as of [DATE] by and between Venus Concept, Inc., a Delaware
corporation (the “Company”), and [NAME] (“Indemnitee”). 
 A. The Company recognizes the
difficulty in obtaining liability insurance for its directors, officers, employees, controlling persons, fiduciaries and other agents and affiliates, the significant cost of such insurance and the general limitations in the coverage of such
insurance; 
 B. The Company further recognizes the substantial increase in corporate litigation in general, subjecting
directors, officers, employees, controlling persons, fiduciaries and other agents and affiliates to expensive litigation risks at the same time as the availability and coverage of liability insurance has been severely limited; 

C. The current protection available to directors, officers, employees, controlling persons, fiduciaries and other agents and
affiliates of the Company may not be adequate under the present circumstances, and directors, officers, employees, controlling persons, fiduciaries and other agents and affiliates of the Company (or persons who may be alleged or deemed to be the
same), including Indemnitee, may not be willing to serve or continue to serve or be associated with the Company in such capacities without additional protection; 

D. The Company (i) desires to attract and retain the involvement of highly qualified persons, such as Indemnitee, to serve
and be associated with the Company, and (ii) accordingly, wishes to provide for the indemnification and advancement of expenses to Indemnitee to the maximum extent permitted by law; and 

E. In view of the considerations set forth above, the Company desires that Indemnitee shall be indemnified and advanced
expenses by the Company as set forth herein. 
 AGREEMENT: 

In consideration of the mutual promises and covenants contained herein, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto agree as follows: 
 1. Certain Definitions. 

(a) “Change in Control” shall be deemed to have occurred if, on or after the date of this Agreement, (i) any
“person” (as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended), other than a trustee or other fiduciary holding 

 
securities under an employee benefit plan of the Company acting in such capacity or a corporation owned directly or indirectly by the stockholders of the Company in substantially the same
proportions as their ownership of stock of the Company, becomes the “beneficial owner” (as defined in Rule 13d-3 under said Act), directly or indirectly, of securities of the Company representing
more than fifty percent (50%) of the total voting power represented by the Company’s then outstanding Voting Securities, (ii) during any period of two (2) consecutive years, individuals who at the beginning of such period constitute
the Board of Directors of the Company and any new director whose election by the Board of Directors or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds
(2/3) of the directors then still in office who either were directors at the beginning of the period or whose election or nomination for election was previously so approved, cease for any reason to constitute a majority thereof, (iii) the
stockholders of the Company approve a merger or consolidation of the Company with any other corporation other than a merger or consolidation which would result in the Voting Securities of the Company outstanding immediately prior thereto continuing
to represent (either by remaining outstanding or by being converted into Voting Securities of the surviving entity) at least eighty percent (80%) of the total voting power represented by the Voting Securities of the Company or such surviving entity
outstanding immediately after such merger or consolidation or (iv) the stockholders of the Company approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by the Company of (in one transaction or a
series of related transactions) all or substantially all of the Company’s assets. 
 (b) “Claim” shall mean with
respect to a Covered Event: any threatened, asserted, pending or completed action, suit, proceeding or alternative dispute resolution mechanism, or any hearing, inquiry or investigation (formal or informal) that Indemnitee [(or in the case of a Fund
Indemnitor (as defined in Section 18 below) seeking to be indemnified, a Fund Indemnitor)] 1in good faith believes might lead to the institution of any such action, suit, proceeding or
alternative dispute resolution mechanism, whether civil, criminal, administrative, investigative or other, including any appeal therefrom. 

(c) References to the “Company” shall include, in addition to Restoration Robotics, Inc., any constituent corporation
(including any constituent of a constituent) absorbed in a consolidation or merger to which Restoration Robotics, Inc. (or any of its wholly owned subsidiaries) is a party, which, if its separate existence had continued, would have had power and
authority to Indemnify its directors, officers, employees, agents or fiduciaries, so that if Indemnitee is or was a director, officer, employee, agent or fiduciary of such constituent corporation, or is or was serving at the request of such
constituent corporation as a director, officer, employee, agent or fiduciary of another corporation, partnership, joint venture, employee benefit plan, trust or other enterprise, Indemnitee shall stand in the same position under the provisions of
this Agreement with respect to the resulting or surviving corporation as Indemnitee would have with respect to such constituent corporation if its separate existence had continued. 

(d) “Covered Event” shall mean any event or occurrence by reason of the fact that Indemnitee is or was a director, officer,
employee, agent or fiduciary of the Company, or any subsidiary of the Company, direct or indirect, whether before or after the date of this Agreement, or is or was serving at the request of the Company as a director, officer, employee, agent or 

 

	1 	 Note to Form: To be included when applicable.

  
 - 2 - 

 
fiduciary of another corporation, partnership, joint venture, trust or other enterprise, or by reason of any action or inaction on the part of Indemnitee while serving in such capacity, whether
before or after the date of this Agreement. 
 (e) “Expense Advance” shall mean a payment to Indemnitee for Expenses
pursuant to Section 3 hereof, in advance of the settlement of or final judgment in any action, suit, proceeding or alternative dispute resolution mechanism, hearing, inquiry or investigation, which constitutes a Claim. 

(f) “Expenses” shall mean any and all direct and indirect costs, losses, claims, damages, fees, expenses and liabilities,
joint or several (including reasonable attorneys’ fees and all other costs, expenses and obligations reasonably incurred in connection with investigating, defending, being a witness in or participating in (including on appeal), or preparing to
defend, to be a witness in or to participate in, any action, suit, proceeding, alternative dispute resolution mechanism, hearing, inquiry or investigation), judgments, fines, penalties and amounts paid in settlement (if such settlement is approved
in advance by the Company, which approval shall not be unreasonably withheld) actually and reasonably incurred, of any Claim and any federal, state, local or foreign taxes imposed on Indemnitee as a result of the actual or deemed receipt of any
payments under this Agreement. 
 (g) “Independent Legal Counsel” shall mean an attorney or firm of attorneys, selected in
accordance with the provisions of Section 2(d) hereof, who shall not have otherwise performed services for (i) the Company or Indemnitee in any matter material to either such party (other than with respect to matters concerning the rights
of Indemnitee under this Agreement, or of other Indemnitees under similar Indemnity agreements) or (ii) any other party to the Claim giving rise to a claim for indemnification hereunder, within the last three (3) years. Notwithstanding the
foregoing, the term “Independent Legal Counsel” shall not include any person who, under the applicable standards of professional conduct then prevailing, would have a conflict of interest in representing either the Company or Indemnitee in
an action to determine Indemnitee’s rights under this Agreement. 
 (h) References to “other enterprises” shall
include employee benefit plans; references to “fines” shall include any excise taxes assessed on Indemnitee with respect to an employee benefit plan; and references to “serving at the request of the Company” shall
include any service as a director, officer, employee, agent or fiduciary of the Company which imposes duties on, or involves services by, such director, officer, employee, agent or fiduciary with respect to an employee benefit plan, its participants
or its beneficiaries; and if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in the interest of the participants and beneficiaries of an employee benefit plan, Indemnitee shall be deemed to have acted in a manner
“not opposed to the best interests of the Company” as referred to in this Agreement. 
 (i) “Reviewing Party”
shall mean, subject to the provisions of Section 2(d), any person or body appointed by the Board of Directors in accordance with applicable law to review the Company’s obligations hereunder and under applicable law, which may include a
member or members of the Company’s Board of Directors, Independent Legal Counsel or any other person or body not a party to the particular Claim for which Indemnitee is seeking indemnification, exoneration or hold harmless rights. In the
absence of the appointment of another Reviewing Party, but subject to the provisions of Section 2(d), the full Board of Directors shall be deemed to be the “Reviewing Party” within the meaning of this Agreement. 

  
 - 3 - 

 (j) “Section” refers to a section of this Agreement unless otherwise
indicated. 
 (k) “Voting Securities” shall mean any securities of the Company that vote generally in the election of
directors. 
 2. Indemnification. 

(a) Indemnification of Expenses. Subject to the provisions of Section 2(b) below, the Company shall Indemnify, exonerate or hold
harmless Indemnitee for Expenses to the fullest extent permitted by law if Indemnitee was, is or becomes a party to or witness or other participant in, or is threatened to be made a party to or witness or other participant in, any Claim (whether by
reason of or arising in part out of a Covered Event), including all interest, assessments and other charges incurred in connection with or in respect of such Expenses. 

(b) Review of Indemnification Obligations. 

(i) Notwithstanding the foregoing, in the event any Reviewing Party shall have determined (in a written opinion, in any case in which
Independent Legal Counsel is the Reviewing Party) that Indemnitee is not entitled to be indemnified, exonerated or held harmless hereunder under applicable law, (A) the Company shall have no further obligation under Section 2(a) to make
any payments to Indemnitee not made prior to such determination by such Reviewing Party and (B) the Company shall be entitled to be reimbursed by Indemnitee (who hereby agrees to reimburse the Company) for all Expenses theretofore paid in
indemnifying, exonerating or holding harmless Indemnitee (within thirty (30) days after such determination); provided, however, that if Indemnitee has commenced or thereafter commences legal proceedings in a court of competent
jurisdiction to secure a determination that Indemnitee is entitled to be indemnified, exonerated or held harmless hereunder under applicable law, any determination made by any Reviewing Party that Indemnitee is not entitled to be indemnified
hereunder under applicable law shall not be binding and Indemnitee shall not be required to reimburse the Company for any Expenses theretofore paid in indemnifying, exonerating or holding harmless Indemnitee until a final judicial determination is
made with respect thereto (as to which all rights of appeal therefrom have been exhausted or lapsed). Indemnitee’s obligation to reimburse the Company for any Expenses shall be unsecured and no interest shall be charged thereon. 

(ii) Subject to Section 2(b)(iii) below, if the Reviewing Party shall not have made a determination within forty-five (45) days
after receipt by the Company of the request therefor, the requisite determination of entitlement to indemnification shall, to the fullest extent not prohibited by law, be deemed to have been made and Indemnitee shall be entitled to such
indemnification, absent (A) a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s statement not materially misleading, in connection with the request for indemnification or
(B) a prohibition of such indemnification under applicable law; provided, however, that such 45-day period may be extended for a reasonable time, not to exceed an additional thirty (30) days,
if the person, persons or entity making the determination with respect to entitlement to indemnification in good faith requires such additional time for the obtaining or evaluating of documentation and/or information relating thereto. 

  
 - 4 - 

 (iii) Notwithstanding anything in this Agreement to the contrary, no determination as to
entitlement of Indemnitee to indemnification under this Agreement shall be required to be made prior to the final disposition of the Claim. 

(c) Indemnitee Rights on Unfavorable Determination; Binding Effect. If any Reviewing Party determines that Indemnitee substantively is
not entitled to be indemnified, exonerated or held harmless hereunder in whole or in part under applicable law, Indemnitee shall have the right to commence litigation seeking an initial determination by the court or challenging any such
determination by such Reviewing Party or any aspect thereof, including the legal or factual bases therefor, and, subject to the provisions of Section 15 hereof, the Company hereby consents to service of process and to appear in any such
proceeding. Absent such litigation, any determination by any Reviewing Party shall be conclusive and binding on the Company and Indemnitee. 

(d) Selection of Reviewing Party; Change in Control. If there has not been a Change in Control, any Reviewing Party shall be
selected by the Board of Directors, which may be the full Board of Directors in the absence of the selection of another Reviewing Party, and if there has been such a Change in Control (other than a Change in Control which has been approved by a
majority of the Company’s Board of Directors who were directors immediately prior to such Change in Control), any Reviewing Party with respect to all matters thereafter arising concerning Indemnitee’s indemnification, exoneration or hold
harmless rights for Expenses under this Agreement or any other agreement or under the Company’s Certificate of Incorporation or bylaws as now or hereafter in effect, or under any other applicable law, if desired by Indemnitee, shall be
Independent Legal Counsel selected by Indemnitee and approved by Company (which approval shall not be unreasonably withheld). Such counsel, among other things, shall render its written opinion to the Company and Indemnitee as to whether and to what
extent Indemnitee would be entitled to be indemnified, exonerated or held harmless hereunder under applicable law and the Company agrees to abide by such opinion. The Company agrees to pay the reasonable fees of the Independent Legal Counsel
referred to above and to fully Indemnify, exonerate and hold harmless such counsel against any and all expenses (including attorneys’ fees), claims, liabilities and damages arising out of or relating to this Agreement or its engagement pursuant
hereto. Notwithstanding any other provision of this Agreement, the Company shall not be required to pay Expenses of more than one Independent Legal Counsel in connection with all matters concerning a single Indemnitee, and such Independent Legal
Counsel shall be the Independent Legal Counsel for any or all other Indemnitees unless (i) the Company otherwise determines or (ii) any Indemnitee shall provide a written statement setting forth in detail a reasonable objection to such
Independent Legal Counsel representing other Indemnitees. 
 (e) Mandatory Payment of Expenses. Notwithstanding any other provision
of this Agreement other than Section 10 hereof, to the fullest extent permitted by applicable law and to the extent that Indemnitee was a party to (or participant in) and has been successful on the merits or otherwise, including, without
limitation, the dismissal of an action without prejudice, in defense of any Claim, Indemnitee shall be indemnified, exonerated and held harmless against all Expenses actually and reasonably incurred by Indemnitee in connection therewith. If
Indemnitee is not 

  
 - 5 - 

 
wholly successful in such Claim but is successful, on the merits or otherwise, as to one or more but less than all claims, issues or matters in such Claim, the Company shall Indemnify Indemnitee
against all Expenses actually and reasonably incurred by him or on his behalf in connection with or related to each successfully resolved claim, issue or matter to the fullest extent permitted by law. For purposes of this Section and without
limitation, the termination of any claim, issue or matter in such a Claim by dismissal, with or without prejudice, shall be deemed to be a successful result as to such claim, issue or matter. 

(f) Contribution. If the indemnification, exoneration or hold harmless rights provided for in this Agreement is for any reason held by
a court of competent jurisdiction to be unavailable to an Indemnitee, then in lieu of indemnifying, exonerating or holding harmless Indemnitee thereunder, the Company shall contribute to the amount paid or required to be paid by Indemnitee as a
result of such Expenses (i) in such proportion as is deemed fair and reasonable in light of all of the circumstances in order to reflect the relative benefits received by the Company and Indemnitee as a result of the event(s) and/or
transaction(s) giving cause to such Claim or (ii) if the allocation provided by clause (i) above is not permitted by applicable law, in such proportion as is appropriate to reflect not only the relative benefits referred to in clause
(i) above but also the relative fault of the Company (and its directors, officers, employees and agents) and Indemnitee in connection with the action or inaction which resulted in such Expenses, as well as any other relevant equitable
considerations. In connection with the registration of the Company’s securities, the relative benefits received by the Company and Indemnitee shall be deemed to be in the same respective proportions that the net proceeds from the offering
(before deducting expenses) received by the Company and Indemnitee, in each case as set forth in the table on the cover page of the applicable prospectus, bear to the aggregate public offering price of the securities so offered. The relative fault
of the Company and Indemnitee shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by
the Company or Indemnitee and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. 

The Company and Indemnitee agree that it would not be just and equitable if contribution pursuant to this Section 2(f) were determined by
pro rata or by any other method of allocation which does not take account of the equitable considerations referred to in the immediately preceding paragraph. In connection with the registration of the Company’s securities, in no event shall
Indemnitee be required to contribute any amount under this Section 2(f) in excess of the net proceeds received by Indemnitee from its sale of securities under such registration statement. No person found guilty of fraudulent misrepresentation
(within the meaning of Section 11(a) of the Securities Act of 1933, as amended) shall be entitled to contribution from any person who was not found guilty of such fraudulent misrepresentation. 

3. Expense Advances. 

(a) Obligation to Make Expense Advances. The Company shall make Expense Advances to Indemnitee upon receipt of a written undertaking,
in the form attached hereto as Exhibit A, by or on behalf of Indemnitee to repay such amounts if it shall ultimately be determined that Indemnitee is not entitled to be indemnified, exonerated or held harmless therefor by the Company. 

  
 - 6 - 

 (b) Form of Undertaking. Any written undertaking by Indemnitee to repay any Expense
Advances hereunder shall be unsecured and no interest shall be charged thereon. 
 4. Procedures for Indemnification and Expense
Advances. 
 (a) Timing of Payments. All payments of Expenses (including without limitation Expense Advances) by the Company
to Indemnitee pursuant to this Agreement shall be made to the fullest extent permitted by law as soon as practicable after written demand by Indemnitee therefor is presented to the Company, but in no event later than forty-five (45) days after
such written demand by Indemnitee is presented to the Company, except in the case of Expense Advances, which shall be made no later than twenty (20) days after such written demand by Indemnitee is presented to the Company. If the Company
disputes a portion of the amounts for which indemnification is requested, the undisputed portion shall be paid and only the disputed portion withheld pending resolution of any such dispute. 

(b) Notice/Cooperation by Indemnitee. Indemnitee shall, as a condition precedent to Indemnitee’s right to be indemnified,
exonerated or held harmless or Indemnitee’s right to receive Expense Advances under this Agreement, give the Company notice in writing as soon as practicable of any Claim made against Indemnitee for which indemnification, exoneration or hold
harmless rights will or could be sought under this Agreement. Notice to the Company shall be directed to the President and the Secretary of the Company at the address set forth in Schedule 1 of this Agreement (or such other address as the
Company shall designate in writing to Indemnitee) and shall include a description of the nature of the Claim and the facts underlying the Claim, in each case to the extent known to Indemnitee. To obtain indemnification under this Agreement,
Indemnitee shall submit to the Company a written request, including therein or therewith such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what extent Indemnitee is
entitled to indemnification following the final disposition of such Claim. In addition, Indemnitee shall give the Company such information and cooperation as the Company may reasonably require and as shall be within Indemnitee’s power. The
failure by Indemnitee to notify the Company hereunder will not relieve the Company from any liability which it may have to Indemnitee hereunder or otherwise than under this Agreement, and any delay in so notifying the Company shall not constitute a
waiver by Indemnitee of any rights under this Agreement, except to the extent (solely with respect to the Indemnity hereunder) that such failure or delay materially prejudices the Company. 

(c) No Presumptions; Burden of Proof. For purposes of this Agreement, the termination of any Claim by judgment, order, settlement
(whether with or without court approval) or conviction, or upon a plea of nolo contendere, or its equivalent, shall not create a presumption that Indemnitee did not meet any particular standard of conduct or have any particular belief or that
a court has determined that indemnification, exoneration or hold harmless right is not permitted by this Agreement or applicable law. In addition, neither the failure of any Reviewing Party to have made a determination as to whether Indemnitee has
met any particular standard of conduct or had any particular belief, nor an actual determination by any Reviewing Party that Indemnitee has not met such standard of conduct or did not have such belief, prior to the commencement of legal proceedings
by Indemnitee to secure a judicial determination that Indemnitee should be indemnified, exonerated or held harmless under this Agreement or 

  
 - 7 - 

 
applicable law, shall be a defense to Indemnitee’s claim or create a presumption that Indemnitee has not met any particular standard of conduct or did not have any particular belief. In
connection with any determination by any Reviewing Party or otherwise as to whether Indemnitee is entitled to be indemnified, exonerated or held harmless hereunder, the burden of proof shall be on the Company to establish that Indemnitee is not so
entitled. 
 (d) Notice to Insurers. If, at the time of the receipt by the Company of a notice of a Claim pursuant to
Section 4(b) hereof, the Company has liability insurance in effect which may cover such Claim, the Company shall give prompt notice of the commencement of such Claim to the insurers in accordance with the procedures set forth in the respective
policies. The Company shall thereafter take all reasonably necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Claim in accordance with the terms of such policies. 

(e) Selection of Counsel. In the event the Company shall be obligated hereunder to provide indemnification, exoneration or hold
harmless rights for or make any Expense Advances with respect to the Expenses of any Claim, the Company, if appropriate, shall be entitled to assume the defense of such Claim with counsel approved by Indemnitee (which approval shall not be
unreasonably withheld) upon the delivery to Indemnitee of written notice of the Company’s election to do so. After delivery of such notice, approval of such counsel by Indemnitee and the retention of such counsel by the Company, the Company
will not be liable to Indemnitee under this Agreement for any fees or expenses of separate counsel subsequently employed by or on behalf of Indemnitee with respect to the same Claim; provided, however, that (i) Indemnitee shall have the
right to employ Indemnitee’s separate counsel in any such Claim at Indemnitee’s expense and (ii) if (A) the employment of separate counsel by Indemnitee has been previously authorized by the Company, (B) Indemnitee shall have
reasonably concluded that there may be a conflict of interest between the Company and Indemnitee in the conduct of any such defense or (C) the Company shall not continue to retain such counsel to defend such Claim, then the fees and expenses of
Indemnitee’s separate counsel shall be Expenses for which Indemnitee may receive indemnification, exoneration or hold harmless rights or Expense Advances hereunder. The Company shall have the right to conduct such defense as it sees fit in its
sole discretion, including the right to settle any claim, action or proceeding against Indemnitee without the consent of Indemnitee, provided that the terms of such settlement include either: (i) a full release of Indemnitee by the claimant
from all liabilities or potential liabilities under such claim or (ii) in the event such full release is not obtained, the terms of such settlement do not limit any indemnification, exoneration or hold harmless rights Indemnitee may now, or
hereafter, be entitled to under this Agreement, the Company’s Certificate of Incorporation, bylaws, any agreement, any vote of stockholders or disinterested directors, the General Corporation Law of the State of Delaware (the
“DGCL”) or otherwise. 
 5. Additional Indemnification Rights; Nonexclusively. 

(a) Scope. The Company hereby agrees to Indemnify, exonerate and hold harmless Indemnitee to the fullest extent permitted by law,
notwithstanding that such indemnification, exoneration or hold harmless right is not specifically authorized by the other provisions of this Agreement, the Company’s Certificate of Incorporation, the Company’s bylaws or by statute, a vote
of stockholders or a resolution of directors, or otherwise. The rights of 

  
 - 8 - 

 
indemnification and to receive Expense Advances as provided by this Agreement shall be interpreted independently of, and without reference to, any other such rights to which Indemnitee may at any
time be entitled. In the event of any change after the date of this Agreement in any applicable law, statute or rule which expands the right of a Delaware corporation to Indemnify, exonerate or hold harmless a member of its board of directors
or an officer, employee, agent or fiduciary, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits afforded by such change. In the event of any change in any applicable law, statute or rule which
narrows the right of a Delaware corporation to Indemnify, exonerate or hold harmless a member of its board of directors or an officer, employee, agent or fiduciary, such change, to the extent not otherwise required by such law, statute or rule to be
applied to this Agreement, shall have no effect on this Agreement or the parties’ rights and obligations hereunder except as set forth in Section 10(a) hereof. 

(b) Nonexclusively. The indemnification, exoneration or hold harmless rights and the payment of Expense Advances provided by this
Agreement shall be in addition to any rights to which Indemnitee may be entitled under the Company’s Certificate of Incorporation, its bylaws, any other agreement, any vote of stockholders or disinterested directors, the DGCL, or otherwise. The
indemnification, exoneration or hold harmless rights and the payment of Expense Advances provided under this Agreement shall continue as to Indemnitee for any action taken or not taken while serving in an indemnified, exonerated or held harmless
capacity even though subsequent thereto Indemnitee may have ceased to serve in such capacity. 
 6. No Duplication of
Payments.  
 The Company shall not be liable under this Agreement to make any payment in connection with any Claim made
against Indemnitee to the extent Indemnitee has otherwise actually received payment (under any insurance policy, provision of the Company’s Certificate of Incorporation, bylaws or otherwise) of the amounts otherwise payable hereunder, except as
provided in Section 18 below. 
 7. Partial Indemnification. 

If Indemnitee is entitled under any provision of this Agreement to indemnification, exoneration or hold harmless rights by the Company
for some or a portion of Expenses incurred in connection with any Claim, but not, however, for the total amount thereof, the Company shall nevertheless Indemnify, exonerate or hold harmless Indemnitee for the portion of such Expenses to which
Indemnitee is entitled. 
 8. Mutual Acknowledgment. 

Both the Company and Indemnitee acknowledge that in certain instances, federal law or applicable public policy may prohibit the Company from
indemnifying, exonerating or holding harmless its directors, officers, employees, agents or fiduciaries under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company may be required in the future to undertake with the
Securities and Exchange Commission to submit the question of indemnification, exoneration or hold harmless rights to a court in certain circumstances for a determination of the Company’s right under public policy to Indemnify, exonerate or hold
harmless Indemnitee. 

  
 - 9 - 

 9. Liability Insurance. 

To the extent the Company maintains liability insurance applicable to directors, officers, employees, agents or fiduciaries, Indemnitee shall
be covered by such policies in such a manner as to provide Indemnitee the same rights and benefits as are provided to the most favorably insured of the Company’s directors who are not employees of the Company, if Indemnitee is a director who is
not employed by the Company; or of the Company’s officers, if Indemnitee is a director of the Company and is also employed by the Company, or is not a director of the Company but is an officer; or in the Company’s sole discretion, if
Indemnitee is not an officer or director but is an employee, agent or fiduciary. In the event of a Change in Control or the Company’s becoming insolvent, the Company shall maintain in force any and all insurance policies then maintained by the
Company in providing insurance — directors’ and officers’ liability, fiduciary, employment practices or otherwise—in respect of the individual directors and officers of the Company, for a fixed period of six years thereafter (a
“Tail Policy”). Such coverage shall be non-cancellable and shall be placed by the Company’s incumbent insurance broker. Such broker shall place the Tail Policy with the incumbent
insurance carriers using the policies that were in place at the time of the change of control event (unless the incumbent carriers will not offer such policies, in which case the Tail Policy placed by the Company’s insurance broker shall be
substantially comparable in scope and amount as the expiring policies, and the insurance carriers for the Tail Policy shall have an AM Best rating that is the same or better than the AM Best ratings of the expiring policies). 

10. Exceptions.  

Notwithstanding any other provision of this Agreement, the Company shall not be obligated pursuant to the terms of this Agreement: 

(a) Excluded Action or Omissions. To Indemnify, exonerate or hold harmless Indemnitee for Expenses resulting from acts, omissions or
transactions for which Indemnitee is prohibited from receiving indemnification, exoneration or hold harmless rights under this Agreement or applicable law; provided, however, that notwithstanding any limitation set forth in this
Section 10(a) regarding the Company’s obligation to provide indemnification, exoneration or hold harmless rights to Indemnitee, Indemnitee shall be entitled under Section 3 to receive Expense Advances hereunder with respect to any
such Claim unless and until a court having jurisdiction over the Claim shall have made a final judicial determination (as to which all rights of appeal therefrom have been exhausted or lapsed) that Indemnitee has engaged in acts, omissions or
transactions for which Indemnitee is prohibited from receiving indemnification under this Agreement or applicable law. 
 (b) Claims
Initiated by Indemnitee. To Indemnify, exonerate or hold harmless or make Expense Advances to Indemnitee with respect to Claims initiated or brought voluntarily by Indemnitee and not by way of defense, counterclaim or cross claim, except
(i) with respect to actions or proceedings brought to establish or enforce an indemnification, exoneration or hold 

  
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harmless right under this Agreement or any other agreement or insurance policy or under the Company’s Certificate of Incorporation or bylaws now or hereafter in effect relating to Claims for
Covered Events, (ii) in specific cases if the Board of Directors has approved the initiation or bringing of such Claim or (iii) as otherwise required under Section 145 of the DGCL, regardless of whether Indemnitee ultimately is
determined to be entitled to such indemnification, exoneration, hold harmless right, Expense Advances or insurance recovery, as the case may be. 

(c) Lack of Good Faith. To Indemnify, exonerate or hold harmless Indemnitee for any Expenses incurred by Indemnitee with respect to any
action instituted (i) by Indemnitee to enforce or interpret this Agreement, if a court having jurisdiction over such action determines as provided in Section 13 hereof that each of the material assertions made by Indemnitee as a basis for
such action was not made in good faith or was frivolous or (ii) by or in the name of the Company to enforce or interpret this Agreement, if a court having jurisdiction over such action determines as provided in Section 13 hereof that each
of the material defenses asserted by Indemnitee in such action was made in bad faith or was frivolous. 
 (d) Claims Under
Section 16(b) or Sarbanes-Oxley Act. To Indemnify, exonerate or hold harmless Indemnitee for expenses and the payment of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 16(b)
of the Securities Exchange Act of 1934, as amended, or any similar successor statute or any reimbursement of the Company by Indemnitee of any bonus or other incentive-based or equity-based compensation or of any profits realized by Indemnitee from
the sale of securities of the Company, as required in each case under the Exchange Act (including any such reimbursements that arise from an accounting restatement of the Company pursuant to Section 304 of the Sarbanes-Oxley Act of 2002 (the
“Sarbanes-Oxley Act”), or the payment to the Company of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 306 of the Sarbanes-Oxley Act); provided, however, that
notwithstanding any limitation set forth in this Section 10(d) regarding the Company’s obligation to provide indemnification or exoneration or hold harmless, Indemnitee shall be entitled under Section 3 hereof to receive Expense
Advances hereunder with respect to any such Claim unless and until a court having jurisdiction over the Claim shall have made a final judicial determination (as to which all rights of appeal therefrom have been exhausted or lapsed) that Indemnitee
has violated said statute. 
 11. Counterparts.  

This Agreement may be executed in counterparts and by facsimile or electronic transmission, each of which shall constitute an original and all
of which, together, shall constitute one instrument. 
 12. Binding Effect; Successors and Assigns. 

This Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective successors
and assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business and/or assets of the Company), spouses, heirs, and personal and legal representatives. The Company
shall require and cause any successor (whether direct or indirect by purchase, merger, consolidation or otherwise) to all, substantially all, or a substantial part, of the business and/or 

  
 - 11 - 

 
assets of the Company, by written agreement in form and substance satisfactory to Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same
extent that the Company would be required to perform if no such succession had taken place. This Agreement shall continue in effect regardless of whether Indemnitee continues to serve as a director, officer, employee, agent or fiduciary (as
applicable) of the Company or of any other enterprise at the Company’s request. [The Company and Indemnitee agree that the Fund Indemnitors (as defined in Section 18 below) are express third party beneficiaries of this Agreement.]2 
 13. Expenses Incurred in Action Relating to Enforcement or Interpretation.

 In the event that any action is instituted by Indemnitee under this Agreement or under any liability insurance policies maintained by
the Company to enforce or interpret any of the terms hereof or thereof, Indemnitee shall be entitled to be indemnified for all Expenses incurred by Indemnitee with respect to such action (including without limitation attorneys’ fees),
regardless of whether Indemnitee is ultimately successful in such action, unless as a part of such action a court having jurisdiction over such action makes a final judicial determination (as to which all rights of appeal therefrom have been
exhausted or lapsed) that each of the material assertions made by Indemnitee as a basis for such action was not made in good faith or was frivolous; provided, however, that until such final judicial determination is made, Indemnitee shall be
entitled under Section 3 to receive payment of Expense Advances hereunder with respect to such action. In the event of an action instituted by or in the name of the Company under this Agreement to enforce or interpret any of the terms of this
Agreement, Indemnitee shall be entitled to be indemnified, exonerated or held harmless for all Expenses incurred by Indemnitee in defense of such action (including without limitation costs and expenses incurred with respect to Indemnitee’s
counterclaims and cross-claims made in such action), unless as a part of such action a court having jurisdiction over such action makes a final judicial determination (as to which all rights of appeal therefrom have been exhausted or lapsed) that
each of the material defenses asserted by Indemnitee in such action was made in bad faith or was frivolous; provided, however, that until such final judicial determination is made, Indemnitee shall be entitled under Section 3 to receive
payment of Expense Advances hereunder with respect to such action. 
 14. Notices. 

All notices, requests, demands and other communications under this Agreement shall be in writing and shall be deemed duly given (i) if
delivered by hand and signed for by the party addressed, on the date of such delivery or (ii) if mailed by domestic certified or registered mail with postage prepaid, on the third business day after the date postmarked. Addresses for notice to
either party are set forth in Schedule 1 of this Agreement or as subsequently modified by written notice. 
  

	2 	 Note to Form: To be included when applicable. 

  
 - 12 - 

 15. Consent to Jurisdiction. 

The Company and Indemnitee each hereby irrevocably consent to the jurisdiction of the courts of the State of Delaware for all purposes in
connection with any action or proceeding which arises out of or relates to this Agreement and agree that any action instituted under this Agreement shall be commenced, prosecuted and continued only in the Court of Chancery of the State of Delaware
in and for New Castle County, which shall be the exclusive and only proper forum for adjudicating such a claim. 
 16.
Severability. 
 The provisions of this Agreement shall be severable in the event that any of the provisions hereof (including
any provision within a single section, paragraph or sentence) are held by a court of competent jurisdiction to be invalid, void or otherwise unenforceable, and the remaining provisions shall remain enforceable to the fullest extent permitted by law.
Furthermore, to the fullest extent possible, the provisions of this Agreement (including without limitation each portion of this Agreement containing any provision held to be invalid, void or otherwise unenforceable that is not itself invalid, void
or unenforceable) shall be construed so as to give effect to the intent manifested by the provision held invalid, illegal or unenforceable. 

17. Choice of Law. 

This Agreement, and all rights, remedies, liabilities, powers and duties of the parties to this Agreement, shall be governed by and construed
in accordance with the laws of the State of Delaware without regard to principles of conflicts of laws. 
 18. Primacy of
Indemnification; Subrogation. 
 (a) [The Company hereby acknowledges that Indemnitee has or may in the future have certain
indemnification, exoneration, hold harmless or Expense advancement rights and/or insurance provided by [Fund Name] and certain of its affiliates (collectively, the “Fund Indemnitors”). The Company hereby agrees (i) that it is
the Indemnitor of first resort (i.e., its obligations to Indemnitee are primary and any obligation of the Fund Indemnitors to advance Expenses or to provide indemnification, exoneration or hold harmless rights for the same Expenses incurred
by Indemnitee are secondary), (ii) that it shall be required to advance the full amount of Expenses incurred by Indemnitee and shall be liable for the full amount of all Expenses, to the extent legally permitted and as required by the
Certificate of Incorporation or bylaws of the Company (or any agreement between the Company and Indemnitee), without regard to any rights Indemnitee may have against the Fund Indemnitors, (iii) that it irrevocably waives, relinquishes and
releases the Fund Indemnitors from any and all claims against the Fund Indemnitors for contribution, subrogation or any other recovery of any kind in respect thereof and (iv) if any Fund Indemnitor is a party to or a participant in a legal
proceeding, which participation or involvement arises solely and exclusively as a result of Indemnitee’s service to the Company as a director of the Company, then such Fund Indemnitor shall be entitled to all of the indemnification rights and
remedies under this Agreement to the same extent as Indemnitee. The Company further agrees that no advancement or payment by the Fund Indemnitors on behalf of Indemnitee with respect to any Claim for which Indemnitee has sought indemnification,
exoneration or hold harmless rights from the Company shall affect the foregoing and the Fund Indemnitors shall have a right to receive from the Company, contribution and/or be subrogated, to the extent of such advancement or payment to all of the
rights of recovery of Indemnitee against the Company.]3 
  

	3 	 Note to Form: To be included when applicable. 

  
 - 13 - 

 (b) [Except as provided in Section 18(a) above, i][I]n the event of payment under this
Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of Indemnitee from any insurance policy purchased by the Company, who shall execute all documents required and shall do all acts that may be
necessary to secure such rights and to enable the Company effectively to bring suit to enforce such rights. In no event, however, shall the Company or any other person have any right of recovery, through subrogation or otherwise, against
(i) Indemnitee, [or] (ii) [any Fund Indemnitor or (iii)]4 any insurance policy purchased or maintained by Indemnitee[ or any Fund Indemnitor]. 

19. Amendment and Termination. 

No amendment, modification, termination or cancellation of this Agreement shall be effective unless it is in writing signed by both the parties
hereto. No waiver of any of the provisions of this Agreement shall be deemed to be or shall constitute a waiver of any other provisions hereof (whether or not similar), nor shall such waiver constitute a continuing waiver. 

20. Integration and Entire Agreement. 

This Agreement sets forth the entire understanding between the parties hereto and supersedes and merges all previous written and oral
negotiations, commitments, understandings and agreements relating to the subject matter hereof between the parties hereto, including any existing director or officer indemnification agreement; provided, however, that this Agreement is a
supplement to and in furtherance of the Certificate of Incorporation, the bylaws, any directors and officers insurance maintained by the Company and applicable law, and shall not be deemed a substitute therefor, nor to diminish or abrogate any
rights of Indemnitee thereunder. 
 21. No Construction as Employment Agreement.  

Nothing contained in this Agreement shall be construed as giving Indemnitee any right to employment by the Company or any of its subsidiaries
or affiliated entities. 
 22. Additional Acts.  

If for the validation of any of the provisions in this Agreement any act, resolution, approval or other procedure is required, the
Company undertakes to cause such act, resolution, approval or other procedure to be affected or adopted in a manner that will enable the Company to fulfill its obligations under this Agreement. 

(The remainder of this page is intentionally left blank.) 

 

	4 	 Note to Form: To be included when applicable. 

  
 - 14 - 

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

			
	VENUS CONCEPT, INC.

 
			
		
	 By:
	 	 

 
			
	Name: Domenic Serafino
	Title: Authorized Officer

 AGREED TO AND ACCEPTED BY: 

INDEMNITEE: 
  

			
	 [Indemnitee Name]
	 	

  
 - 16 - 

 SCHEDULE 1 

Addresses 
  

			
	Party	  	Address
	Venus Concept Inc.	  	235 Yorkland Blvd., Suite 900 
Toronto, ON, M2J 4Y8
		
	[Indemnitee Name]	  	

  
 - 17 - 

 EXHIBIT A 

Form of Undertaking 

AFFIRMATION AND UNDERTAKING FOR ADVANCE OF EXPENSES 

PURSUANT TO SECTION 145(e) OF THE GENERAL CORPORATION LAW 

OF THE STATE OF DELAWARE 

Pursuant to Section 145(e) of the General Corporation Law of the State of Delaware (the “DGCL”), Section 9.3 of the
Amended and Restated Bylaws (the “Bylaws”) of Venus Concept, Inc. (the “Company”), and Section 3(a) of my Indemnification Agreement with the Company (the “Indemnification Agreement”), I
understand that I must provide a written undertaking in order for the Company to make Expense Advances to me in connection with [NAME OF PROCEEDING], as well as in any related action, suit or proceeding that is threatened, pending or may be filed in
the future in which I am a party, a witness or other participant. 
 The capitalized terms used herein and not otherwise defined shall have
the meanings specified in the Indemnification Agreement. 
 I hereby affirm my good-faith belief that I have met the standard of conduct for
indemnification imposed by Section 145(d) of the DGCL. I affirm that in connection with the matters for which I seek Expense Advances, I have acted in good faith and in a manner I reasonably believed to be in or not opposed to the best
interests of the Company, and with respect to any criminal action or proceeding, had no reasonable cause to believe that such conduct was unlawful. 

I hereby undertake to repay the Expense Advances if it is ultimately determined that I am not entitled to be indemnified, exonerated or held
harmless therefor by the Company under Section 145 of the DGCL, Article IX of the Bylaws or the Indemnification Agreement. 
 This
undertaking is a general, unsecured obligation, and no interest shall be charged hereon. 
 I have executed this Affirmation and Undertaking
on this     day of            , 20         . 

_____________________________________

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