Document:

Exhibit

Exhibit 10.27

SECOND AMENDMENT

THIS SECOND AMENDMENT (the “Amendment”) is made and entered into as of October 19, 2017, by and between 601 MCCARTHY OWNER, LLC, a Delaware limited liability company (“Landlord”), and FIREEYE, INC., a Delaware corporation (“Tenant”).

RECITALS

A.    Landlord and Tenant are parties to that certain lease dated August 4, 2016 (the “Original Lease”), which Original Lease has been previously amended by that certain First Amendment dated December 1, 2016 (the “First Amendment” and, together with the Original Lease, the “Lease”). Pursuant to the Lease, Landlord has leased to Tenant space currently containing 189,481 rentable square feet (the “Premises”) located at 601 McCarthy Boulevard, Milpitas, California (the “Building”).

B.    Tenant and Landlord mutually desire that the Lease be amended on and subject to the following terms and conditions.

NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant agree as follows:

1.    Amendment. Effective as of the date hereof, Landlord and Tenant agree that the Lease shall be amended in accordance with the following terms and conditions:

1.1    Fire/Life Safety Upgrades. Notwithstanding anything to the contrary contained in the Lease, Tenant shall, at Tenant’s sole cost and expense (subject to Fire/Life Safety Upgrades Allowance, defined below), replace the Building’s fire alarm control panel (the “FACP”), including the FACP’s associated amplifier, expansion board, annunciator panel, power supplies and boosters (including the design, engineering and permit submittal for same) (collectively, the “FACP Upgrade”). In addition to the FACP Upgrade, Tenant shall be solely responsible for all fire/life safety wiring, equipment and devices covering the Premises and all other portions of the Building, including electrical, mechanical, restroom, locker room or other elements, and for integrating all fire/life safety elements in or serving the Premises into the base Building’s fire/life safety system (the “Fire/Life Safety Improvements”). The FACP Upgrade and the Fire/Life Safety Improvements are collectively referred to herein as the “Fire/Life Safety Upgrades”. Tenant’s performance of the Fire/Life Safety Upgrades shall be subject to the terms and conditions of Section 1 of Exhibit “B” to the Original Lease, and Tenant shall perform the Fire/Life Safety Upgrades concurrently with (and as a part of) the Tenant Improvements described in Section 1 of Exhibit “B” to the Original Lease. Landlord shall contribute up to $75,000.00 toward the cost of the Fire/Life Safety Upgrades (the “Fire/Life Safety Upgrades Allowance”). The Fire/Life Safety Upgrades Allowance shall be added to and shall become a part of the Improvement Allowance described in Section 1.5 of Exhibit “B” to the Original Lease, and shall be subject to the terms and conditions thereof; provided, however, Landlord shall be entitled to deduct from the total Improvement Allowance an additional construction coordination fee equal to $750.00 (i.e., one percent (1%) of the Fire/Life Safety Upgrades Allowance).

1.2    Condition of Premises and Building.

1.2.1    The Term of the Lease commenced for all purposes on June 1, 2017. Except as may be expressly provided otherwise in this Amendment, Tenant is deemed to have accepted the

 
Premises and Building “as-is” without any agreements, representations, understandings or obligations on the part of Landlord to perform any alterations, repairs or improvements, subject to any of Landlord’s ongoing obligations of maintenance, repair and replacement pursuant to the terms of the Original Lease, including, without limitation, the terms of Article 7 thereof, and any Required Upgrades, all of which shall continue in full force and effect. Except with respect to (a) the installation of the Charging Stations and Additional Charging Stations as called for in the Original Lease and in the First Amendment, respectively, (b) Landlord’s continued construction of the Required Upgrades pursuant to Section 2.4 of Exhibit “B” to the Original Lease (the work called for in (a)-(b) being the “Remaining Obligations”), and (c) Landlord’s obligation to perform the HVAC System Repairs (defined below), and (d) Landlord’s ongoing obligations of maintenance, repair and replacement pursuant to the terms of the Original Lease, Tenant acknowledges and agrees that Landlord has fulfilled all of Landlord’s obligations under the Lease relating to the Landlord Work and the condition of the Premises and Building, including, without limitation: (i) the condition of the Building Systems, roof structure and membrane, windows and Structural Elements called for in Section 7 of the Original Lease, (ii) the condition, operation, maintenance (including preventive maintenance) and repair of the Building’s HVAC system, including performance of the deferred maintenance described in Exhibit “I” to the Original Lease; (iii) subject to Landlord’s contribution of the Fire/Life Safety Upgrades Allowance, the Building’s fire/life safety system; (iv) the Building’s power or electrical supply and distribution, including the utility feed, transformer(s), switchgear, panels/subpanels and other infrastructure; (v) the replacement of or modification to any exterior doors of the Building; (vi) any issues relating to the back-up generators and UPS units, exterior and elevator lighting, and the location of equipment in any electrical closet; (vii) the Landscaping Work; and (viii) any plumbing issues, including, without limitation, the condition of the Building’s cold water gate valves, grease interceptor and water lines. Tenant hereby waives any claims against Landlord relating to any failure to fulfill all of Landlord’s obligations under the Lease relating to the Landlord Work or any delivery condition of the Premises and Building (other than the Remaining Obligations and the HVAC System Repairs).

1.2.2    In connection with the Remaining Obligations: (A) Landlord shall continue to be responsible for installing the Charging Stations and Additional Charging Stations called for in the Lease, it being understood that (i) pursuant to Tenant’s request, installation thereof was deferred until a time frame closer to the date Tenant expects to complete Tenant’s construction of the Tenant Improvements, so Landlord’s remaining obligation with respect to the installation of the Charging Stations and Additional Charging Stations shall be to use good faith efforts to complete such installation within a reasonable time period after Tenant requests in writing that such installation work be re-commenced, and (ii) the costs borne by Landlord in connection with the Additional Charging Stations called for in the First Amendment shall be deducted from the Improvement Allowance provided in Section 1.5.1(a) of Exhibit “B” to the Original Lease; and (B) Landlord’s remaining obligation with respect to the Required Upgrades shall be to use good faith efforts to complete the Required Upgrades within a reasonable time period following Landlord’s receipt of the Upgrade Notice, and otherwise perform the same in accordance with Section 2.4 of Exhibit “B” to the Original Lease.

1.2.3    Landlord shall perform, at its sole cost and expense, those certain repairs to the Building’s HVAC System described on Exhibit A attached hereto (the “HVAC System Repairs”). Landlord shall complete the Landlord HVAC Work on or before November 15, 2017, and shall notify Tenant, in writing, of Landlord’s completion of the HVAC System Repairs.

1.3    Release. As a material inducement to Landlord to enter into this Amendment, including providing to Tenant the Fire/Life Safety Improvement Allowance described in Section 1.1 above, Tenant, for itself and on behalf of its past and present affiliates, predecessors, successors, officers,

 
directors, agents, employees, attorneys, partners and their respective successors and assigns, subsidiaries, divisions, parents, administrators, trustees, insurers, and any personal representatives of Tenant, and each of them, fully, finally and forever release, waive and discharge Landlord, its past and present affiliates, predecessors, successors, officers, directors, agents, employees, managers, investors, attorneys, partners and their respective successors and assigns, subsidiaries, divisions, parents, administrators, trustees, insurers, and any personal representatives of and from any and all claims which were raised, or which could have been raised and any and all demands, actions, causes of action, obligations, damages and liabilities of every nature whatsoever, whether matured or contingent, whether known or unknown, suspected or claimed, which Tenant had in the past, now has, or claims to now have against Landlord, arising out of and/or relating to Tenant’s allegations regarding misrepresentations or default by Landlord in connection with the Building’s power, electrical supply and/or power feed, including transformer(s), switchgear, panels/subpanels, and other electrical infrastructure (collectively, the “Released Claims”), all as further described in a series of correspondence between and among Tenant’s and Landlord’s representatives and counsel, including, without limitation, those allegations made in the letters from Shara Lynn Casby of Tenant to Carol Donnelly of Landlord dated May 4, 2017 (to which Carol Donnelly responded by letter dated May 11, 2017), from Matthew Gluck of Gluck Daniel LLP (counsel for Tenant) to Carol Donnelly dated May 16, 2017, and from Matthew Gluck to Gregory Shean (counsel for Landlord) dated May 19, 2017. With respect to the Released Claims set forth above, Tenant hereby acknowledges that it has been advised by legal counsel and is familiar with the provisions of California Civil Code Section 1542, which provides as follows:

“A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS/HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM/HER, MUST HAVE MATERIALLY AFFECTED HIS/HER SETTLEMENT WITH THE DEBTOR.”

 
THE UNDERSIGNED, BEING AWARE OF SAID CODE SECTION, HEREBY EXPRESSLY WAIVES ANY RIGHTS IT MAY HAVE THEREUNDER, AS WELL AS UNDER ANY OTHER STATUTES OR COMMON LAW PRINCIPLES OF SIMILAR EFFECT PERTAINING TO THE RELEASE. Tenant represents and warrants to Landlord that it executes this Amendment with full knowledge of any and all rights which it may have by reason of any of the matters described herein and it has received herein. Tenant hereby further assumes the risk of mistake of fact in connection with the true facts involved in connection with the matters described herein, and with respect to any facts which are now unknown to Tenant relating thereto and agrees that this Amendment shall be in all respects enforceable and not subject to termination or rescission by any such difference in facts.

2.    Miscellaneous.

2.1    Except as herein modified or amended, the provisions, conditions and terms of the Lease shall remain unchanged and in full force and effect. In the case of any inconsistency between the provisions of the Lease and this Amendment, the provisions of this Amendment shall govern and control. The capitalized terms used in this Amendment shall have the same definitions as set forth in the Lease to the extent that such capitalized terms are defined therein and not redefined in this Amendment.

2.2    Submission of this Amendment by Landlord is not an offer to enter into this Amendment but rather is a solicitation for such an offer by Tenant. Landlord shall not be bound by this Amendment until Landlord has executed and delivered the same to Tenant.
 

2.3    Pursuant to California Civil Code Section 1938, Landlord hereby notifies Tenant that as of the date of this Amendment, the Premises have not undergone inspection by a “Certified Access Specialist” (“CASp”) to determine whether the Premises meet all applicable construction-related accessibility standards under California Civil Code Section 55.53. Landlord hereby discloses pursuant to California Civil Code Section 1938 as follows: “A Certified Access Specialist (CASp) can inspect the subject premises and determine whether the subject premises comply with all of the applicable construction-related accessibility standards under state law. Although state law does not require a CASp inspection of the subject premises, the commercial property owner or lessor may not prohibit the lessee or tenant from obtaining a CASp inspection of the subject premises for the occupancy or potential occupancy of the lessee or tenant, if requested by the lessee or tenant. The parties shall mutually agree on the arrangements for the time and manner of the CASp inspection, the payment of the fee for the CASp inspection, and the cost of making any repairs necessary to correct violations of construction-related accessibility standards within the premises.” Landlord and Tenant hereby acknowledge and agree that in the event that Tenant elects to perform a CASp inspection of the Premises hereunder, such CASp inspection shall be performed at Tenant’s sole cost and expense and Tenant shall be solely responsible for the cost of any repairs, upgrades, alterations and/or modifications to the Premises or the Building necessary to correct any such violations of construction-related accessibility standards identified by such CASp inspection as required by Law, which repairs, upgrades, alterations and/or modifications may, at Landlord’s option, be performed by Landlord at Tenant’s expense, payable as Additional Rent within ten (10) days following Landlord’s demand. The terms of this Section 2.3 shall only apply in the event Tenant exercises its right to perform a CASp inspection of the Premises. Otherwise, the terms of the Lease shall apply, without limitation, to the compliance, repairs and maintenance obligations of the parties.

2.4    The terms of Article 28 of the Original Lease shall apply to this Amendment.

2.5    This Amendment may be executed and delivered by facsimile in one or more counterparts, each of which shall constitute one and the same Amendment. If this Amendment is signed and delivered in such manner, Landlord and Tenant shall promptly deliver an original signed version to the other. Any digital image copy of this Amendment (to the extent fully executed and delivered) shall be treated by the parties as a true and correct original of the same and admissible as best evidence to the extent permitted by a court of proper jurisdiction.

[SIGNATURE PAGE FOLLOWS]
 

IN WITNESS WHEREOF, Landlord and Tenant have entered into and executed this Amendment as of the date first written above.
 
	
						
	LANDLORD:
	 
	TENANT:

	 
	 
	 

	601 MCCARTHY OWNER, LLC,
	 
	FIREEYE, INC.,

	a Delaware limited liability company
	 
	a Delaware corporation

	 
	 
	 

	By:  601 McCarthy Holdings, LLC,
	 
	By: /s/ Frank Verdecanna

	a Delaware limited liability company,
	 
	 

	sole member
	 
	Name:  Frank Verdecanna

	 
	 
	 

	 
	By:  ECI Four McCarthy, LLC,
	 
	Title:    EVP & Chief Financial Officer

	 
	a Delaware limited liability company,
	 
	 

	 
	administrative member
	 
	Dated:  October 23, 2017

	 
	 
	 
	 

	 
	 
	By:  Embarcadero Capital Investors Four LP,
	 
	 

	 
	 
	a Delaware liability partnership, sole member
	 
	 

	 
	 
	 
	 
	 
	 

	 
	 
	 
	By:  ECI Four LLC,
	 
	 

	 
	 
	 
	a Delaware limited liability company,
	 
	 

	 
	 
	 
	general partner
	 
	 

	 
	 
	 
	 
	 
	 

	 
	 
	 
	By:  /s/ Eric Yopes
	 
	 

	 
	 
	 
	 
	 
	 

	 
	 
	 
	Name:  Eric Yopes
	 
	 

	 
	 
	 
	 
	 
	 

	 
	 
	 
	Title:    Manager
	 
	 

	 
	 
	 
	 
	 
	 

	 
	 
	 
	Dated:  Oct. 23, 2017
	 
	 

 

Exhibit A

601 McCarthy

HV AC SYSTEM REPAIRS

	
				
	

Unit
	

Tons
	Apx Age
	

Agreed

	

ACI
	

75
	

19
	Adjust Fan Spring Isolators, Replace six (6) 3-pole 40 amp contactors with auxiliary contacts, Replace four (4) 3-pole 40 amp contactors

	

AC2
	

75
	

19
	Adjust Fan Spring Isolators, Replace six (6) 3-pole 40 amp contactors with auxiliary contacts, Replace four (4) 3-pole 40 amp contactors

	

AC3
	

75
	

19
	Adjust Fan Spring Isolators, Replace six (6) 3-pole 40 amp contactors with auxiliary contacts, Replace four (4) 3-pole 40 amp contactors, Secure wiring with
wire ties.

	

AC4
	

75
	

19
	Adjust Fan Spring Isolators, Replace six (6) 3-pole 40 amp contactors with auxiliary contacts, Replace four (4) 3-pole 40 amp contactors

	

AC7
	

25
	

19
	Adjust Fan Spring Isolators, Replace six (6) 3-pole 40 amp contactors with
auxiliary contacts, Replace four (4) 3-pole 40 amp contactors, Terminal Block Replacement.

	

AC8
	

30
	

19
	Adjust Fan Spring Isolators, Replace six (6) 3-pole 40 amp contactors with auxiliary contacts, Replace four (4) 3-pole 40 amp contactors

	

ACI0
	

40
	

19
	Adjust Fan Spring Isolators, Replace six (6) 3-pole 40 amp contactors with auxiliary contacts, Replace four (4) 3-pole 40 amp contactors

	PUMP1
	 
	19
	Align Pump

	PUMP2
	 
	19
	Align Pump

	

EF-3
	 
	 
	Replace Belt (4L270), Replace missing screws, Clean Equipment Replace Sheave and Pulley.

	EF-4
	 
	 
	Replace Belt (A-31), Replace missing screws, Clean Equipment

	EF-5
	 
	 
	Replace Belt (A-31), Replace missing screws, Clean Equipment

	

EF-6
	 
	 
	

Replace Belt (A-23), Replace missing screws, Clean Equipment Replace Sheave and Pulley

	EF-7
	 
	 
	Replace Belt (A-23), Replace missing screws, Replace Fuses, Clean Equipment

	EF-10
	 
	 
	

Replace Belt (4L200), Clean Equipment Replace Sheave and Pulley

	

EF-11
	 
	 
	

Replace Belt (4L210), Clean Equipment Replace Sheave and Pulley

	MAU-I
	 
	 
	Clean burner, sump and distribution tubes.

	MAU-2
	 
	 
	Clean burner, sump and distribution tubes.

A-1

	
				
	CU-2
	 
	 
	None

	

FC-2
	 
	 
	Replace Filters, Clean Coil, Clean Blower Section, clean Electrical Section (Units disconnected and set aside by Tenant. Work cannot take place until equipment is reset and started up).

	CU-3
	 
	 
	None

	

FU-3
	 
	 
	Replace Filters, Clean Coil, Clean Blower Section, clean Electrical Section (Units disconnected and set aside by Tenant. Work cannot take place until equipment is reset and started up).

	ACC-5
	 
	 
	None

	

FC-5
	 
	 
	Replace Filters, Clean Coil, Clean Blower Section, clean Electrical Section (Units disconnected and set aside by Tenant. Work cannot take place until equipment is reset and started up).

	ACC-6
	 
	 
	None

	

FC-6
	 
	 
	Replace Filters, Clean Coil, Clean Blower Section, clean Electrical Section (Units disconnected and set aside by Tenant. Work cannot take place until equipment is reset and started up).

A-2Exhibit

Exhibit 10.4

KINSALE CAPITAL GROUP, INC.
DIRECTOR, EXECUTIVE AND TEAM MEMBER RESTRICTED SHARE AWARD GRANT NOTICE
(2016 Omnibus Incentive Plan)

Congratulations!  As a key leader in our business, you are in a position to have significant influence on the outcomes that affect Kinsale Capital Group, Inc. (the “Company”).  I am pleased to inform you that, in recognition of the role you play in our collective success, you have been granted a Restricted Share Award.  This award is subject to the terms and conditions of the Kinsale Capital Group, Inc. 2016 Omnibus Incentive Plan, this Grant Notice, and the following Restricted Share Agreement.  The details of this award are indicated below.  

	
			
	Grantee:
	 
	 

	Date of Grant:
	 
	 

	Number of Restricted Shares:
	 
	 

	Vesting Commencement Date:
	 
	 

	Time-Vested Stock:
	 
	 

	Time-Vesting Period:
	 
	 

	Performance-Vested Stock:
	 
	 

	Performance-Vesting Period:
	 
	 

	Performance-Vesting Period:
	 
	 

	Performance-Vesting Criteria:
	 
	 

Restricted Share Awards can be an opportunity for individual wealth creation.  As our Company becomes more valuable through management continuing to execute on growth opportunities, the value or price of a share of the Company’s common stock may increase.  Through your efforts and the efforts of your colleagues, you have the ability to help increase the value of our Company for all shareholders.  

Thank you for all you do each and every day as a leader and owner of the Company.  Our focus on driving profitable revenues, eliminating non-value added expense and investing our capital prudently is collectively building a much stronger Company.

It is an exciting time to be part of Kinsale Capital Group!

Name:
Title:

Acknowledged and Agreed as of ____ day of ______, ______.

Name: ____________________________________

RESTRICTED SHARE AWARD AGREEMENT
THIS RESTRICTED SHARE AWARD AGREEMENT (together with the above grant notice (the “Grant Notice”), this “Agreement”) is made and entered into as of the date set forth on the Grant Notice by and between the Company and the individual (the “Grantee”) set forth on the Grant Notice.
WHEREAS, pursuant to the Kinsale Capital Group, Inc. 2016 Omnibus Incentive Plan (the “Plan”), the Administrator (the “Administrator”) has determined that it is to the advantage and best interest of the Company to grant to the Grantee this award of time-vested Restricted Shares (the “Time-Vested Stock”) and performance-vested Restricted Shares (the “Performance-Vested Stock” and, together with the Time-Vested Stock, the “Restricted Shares”) as set forth on the Grant Notice and subject to the terms and provisions of the Plan, which is incorporated herein by reference, and this Agreement (the “Award”).
NOW, THEREFORE, in consideration of the mutual agreements contained herein, the Grantee and the Company hereby agree as follows:
1.Acceptance of Agreement.  Grantee has reviewed all of the provisions of the Plan, the Grant Notice and this Restricted Share Award Agreement.  By accepting this Award, Grantee agrees that this Award is granted under and governed by the terms and conditions of the Plan, the Grant Notice and this Restricted Share Award Agreement, and the applicable provisions contained in a written employment agreement (if any) between the Company or an Affiliate and the Grantee.  Grantee hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator on questions relating to the Plan, the Grant Notice, this Restricted Share Award Agreement and, solely in so far as they relate to this Award, the applicable provisions contained in a written employment agreement (if any) between the Company or an Affiliate and the Grantee. If Grantee signs this Agreement and Grant Notice electronically, Grantee’s electronic signature of this Agreement shall have the same validity and effect as a signature affixed by hand. 
2.Grant of Award.  The Restricted Shares granted hereunder pursuant to Section 9 of the Plan shall be subject to the terms and provisions of the Plan, and all capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Plan.  For purposes of this Agreement, “Termination Date” shall mean the date on which the Grantee’s Continuous Status as an employee, director or consultant terminates.  Subject to Section 5.13 of this Agreement, the Grantee shall be entitled to receive dividends with respect to the Restricted Shares.
3.Vesting.
3.1    Subject to the provisions of the Plan and Sections 3.2 and 3.3 of this Agreement, and except as otherwise provided in a written employment agreement between the Company or an Affiliate and the Grantee (if any): 
3.1.1    Time-Vested Stock.  Time-Vested Stock shall vest in equal annual installments (or as nearly equal as possible to avoid fractional shares) on each anniversary of the Vesting Commencement Date during the Time Vesting Period (each such date, a “Time Vesting Date”), subject to the Grantee’s Continuous Status as an Employee, Director or Consultant through each applicable Time Vesting Date. 
3.1.2    Performance-Vested Stock.  Performance-Vested Stock shall vest based on achievement of the Performance Vesting Criteria, as described in the Grant Notice, during the Performance Period (the last date of the Performance Vesting Period, unless such other date or dates is indicated in the Performance Vesting Criteria, a “Performance Vesting Date” and, together with Time-Vesting Date, the “Vesting Dates”), subject to the Grantee’s Continuous Status as an Employee, Director or Consultant through each applicable Performance Vesting Date.  If any Performance Vested Stock does not vest on the applicable Performance Vesting Date, such Performance Vested Stock shall be forfeited on such Performance Vesting Date.
3.2    If the Grantee’s Continuous Status as an Employee, Director or Consultant terminates prior to an applicable Vesting Date, as of the Termination Date, the Grantee shall forfeit any unvested Restricted Shares.
4.Transfer of Stock.  The Restricted Shares issued under this Agreement may not be sold, transferred or otherwise disposed of and may not be pledged or otherwise hypothecated (each, a “Transfer”) until such Restricted Shares vest, and all restrictions on such Restricted Shares shall have lapsed, in the manner set forth in Section 3.  Until the Restricted Shares vest, such Restricted Share shall (i) if in book entry form, be subject to an appropriate stop-transfer order and (ii) to the extent that a stock certificate is delivered to the Grantee, bear the following legend or notation:  “The Stock represented by 

this certificate are subject to a Restricted Share Award Agreement between the registered owner and  Kinsale Capital Group, Inc. which restricts the transferability of the Stock.  A copy of the agreement is on file with the Secretary of Kinsale Capital Group, Inc.”
5.General.
5.1    Governing Law.  This Agreement shall be governed by and construed under the laws of the State of Delaware. 
5.2    Community Property.  Without prejudice to the actual rights of the spouses as between each other, for all purposes of this Agreement, the Grantee shall be treated as agent and attorney-in-fact for that interest held or claimed by his or her spouse with respect to this Award and the parties hereto shall act in all matters as if the Grantee was the sole owner of this Award.  This appointment is coupled with an interest and is irrevocable.  
5.3    No Employment Rights.  Nothing contained herein shall be construed as an agreement by the Company or any of its subsidiaries, express or implied, to employ the Grantee or contract for the Grantee’s services, to restrict the Company’s or such subsidiary’s right to discharge the Grantee or cease contracting for the Grantee’s services or to modify, extend or otherwise affect in any manner whatsoever the terms of any employment agreement or contract for services which may exist between the Grantee and the Company or any Affiliate.
5.4    Application to Other Stock.  In the event any capital stock of the Company or any other corporation shall be distributed on, with respect to or in exchange for Restricted Shares as a stock dividend, stock split, reclassification, recapitalization or similar transaction  in connection with any merger or reorganization or otherwise, all restrictions, rights and obligations set forth in this Agreement shall apply with respect to such other capital stock to the same extent as they are, or would have been applicable, to the Restricted Shares on or with respect to which such other capital stock was distributed, and references to “Company” in respect of such distributed stock shall be deemed to refer to the company to which such distributed stock relates.
5.5    No Third-Party Benefits.  Except as otherwise expressly provided in this Agreement, none of the provisions of this Agreement shall be for the benefit of, or enforceable by, any third-party beneficiary.  
5.6    Successors and Assigns.  Except as provided herein to the contrary, this Agreement shall be binding upon and inure to the benefit of the parties, their respective successors and permitted assigns.
5.7    No Assignment.  Except as otherwise provided in this Agreement, the Grantee may not assign any of his, her or its rights under this Agreement without the prior written consent of the Company, which consent may be withheld in its sole discretion.  The Company shall be permitted to assign its rights or obligations under this Agreement so long as such assignee agrees to perform all of the Company’s obligations hereunder.  
5.8    Severability.  The validity, legality or enforceability of the remainder of this Agreement shall not be affected even if one or more of the provisions of this Agreement shall be held to be invalid, illegal or unenforceable in any respect.
5.9    Equitable Relief.  The Grantee acknowledges that, in the event of a threatened or actual breach of any of the provisions of this Agreement, damages alone will be an inadequate remedy, and such breach will cause the Company great, immediate and irreparable injury and damage.  Accordingly, the Grantee agrees that the Company shall be entitled to injunctive and other equitable relief, and that such relief shall be in addition to, and not in lieu of, any remedies it may have at law or under this Agreement.
5.10    Jurisdiction.  Any suit, action or proceeding with respect to this Agreement, or any judgment entered by any court in respect of any thereof, shall be brought in any court of competent jurisdiction in the State of Delaware, and the Company and the Grantee hereby submit to the exclusive jurisdiction of such courts for the purpose of any such suit, action, proceeding or judgment.  The Grantee and the Company hereby irrevocably waive (i) any objections which it may now or hereafter have to the laying of the venue of any suit, action or proceeding arising out of or relating to this Agreement brought in any court of competent jurisdiction in the State of Delaware and (ii) any claim that any such suit, action or proceeding brought in any such court has been brought in any inconvenient forum. 
5.11    Taxes.  By agreeing to this Agreement, the Grantee represents that he or she has reviewed with his or her own tax advisors the federal, state, local and foreign tax consequences of the transactions contemplated by this 

Agreement and that he or she is relying solely on such advisors and not on any statements or representations of the Company or any of its agents. The Company shall be entitled to require a cash payment by or on behalf of the Grantee and/or to deduct from any compensation payable to the Grantee the minimum amount of any sums required by federal, state or local tax law to be withheld (or other such sums that that will not cause adverse accounting consequences for the Company and is permitted under applicable withholding rules promulgated by the Internal Revenue Service or another applicable governmental entity) with respect to the Restricted Share Award. 
5.12    Section 83(b) Election.  If the Grantee makes an election under Section 83(b) of the Code, or any successor section thereto, to be taxed with respect to the Restricted Shares as of the Grant Date, the Grantee shall deliver a copy of such election to the Company immediately after filing such election with the Internal Revenue Service, together with any required tax withholding.  The Grantee hereby acknowledges that it is the Grantee’s sole responsibility, and not the Company’s, to file timely the election under Section 83(b) of the Code.
5.13    Rights as Stockholder.  During the period until the Restricted Share vest as provided in Section 3 hereof, the Grantee shall, except as set forth in this Section 5.13, have all the rights of a stockholder with respect to the Restricted Shares, including the right to vote the underlying shares of Common Stock.  Notwithstanding the foregoing, (i) the Grantee shall not have the right to Transfer the Restricted Shares prior to the vesting thereof as set forth in Section 3 hereof, (ii) any dividends associated with the Restricted Shares will be paid to the Grantee at the time such shares vest as set forth in Section 3 hereof, and will not be paid to the Grantee in the event that the shares do not become so vested and (iii) such Restricted Shares shall be subject to all terms, conditions, and restrictions, including, but not limited to, forfeiture without consideration, of this Agreement and the Plan.  
5.14    Headings.  The section headings in this Agreement are inserted only as a matter of convenience, and in no way define, limit, extend or interpret the scope of this Agreement or of any particular section.
5.15    Number and Gender.  Throughout this Agreement, as the context may require, (a) the masculine gender includes the feminine and the neuter gender includes the masculine and the feminine; (b) the singular tense and number includes the plural, and the plural tense and number includes the singular; (c) the past tense includes the present, and the present tense includes the past; (d) references to parties, sections, paragraphs and exhibits mean the parties, sections, paragraphs and exhibits of and to this Agreement; and (e) periods of days, weeks or months mean calendar days, weeks or months.
5.16    Electronic Delivery and Disclosure.  The Company may, in its sole discretion, decide to deliver or disclose, as applicable, any documents related to this Award granted under the Plan, future awards that may be granted under the Plan, the prospectus related to the Plan, the Company’s annual reports or proxy statements by electronic means or to request Grantee’s consent to participate in the Plan by electronic means, including, but not limited to, the Securities and Exchange Commission’s Electronic Data Gathering, Analysis, and Retrieval system or any successor system (“EDGAR”).  Grantee hereby consents to receive such documents delivered electronically or to retrieve such documents furnished electronically (including on EDGAR), as applicable, and agrees to participate in the Plan through any online or electronic system established and maintained by the Company or another third party designated by the Company.
5.17    Data Privacy.  Grantee agrees that all of Grantee’s information that is described or referenced in this Agreement and the Plan may be used by the Company, its affiliates and the designated broker and its affiliates to administer and manage Grantee’s participation in the Plan.
5.18    Acknowledgments of Grantee.  Grantee has reviewed the Plan and this Agreement in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Agreement, fully understands all provisions of the Plan and this Agreement and, by accepting the Notice of Grant, acknowledges and agrees to all of the provisions of the Plan and this Agreement.
5.19    Complete Agreement.  The Grant Notice, this Restricted Share Award Agreement, the Plan and applicable provisions (if any) contained in a written employment agreement between the Company or an Affiliate and the Grantee constitute the parties’ entire agreement with respect to the subject matter hereof and supersede all agreements, representations, warranties, statements, promises and understandings, whether oral or written, with respect to the subject matter hereof.
5.20    Waiver of Jury Trial.  TO THE EXTENT EITHER PARTY INITIATES LITIGATION INVOLVING THIS AGREEMENT OR ANY ASPECT OF THE RELATIONSHIP BETWEEN US (EVEN IF OTHER PARTIES 

OR OTHER CLAIMS ARE INCLUDED IN SUCH LITIGATION), ALL OF THE PARTIES WAIVE THEIR RIGHT TO A TRIAL BY JURY.  THIS WAIVER WILL APPLY TO ALL CAUSES OF ACTION THAT ARE OR MIGHT BE INCLUDED IN SUCH ACTION, INCLUDING CLAIMS RELATED TO THE ENFORCEMENT OR INTERPRETATION OF THIS AGREEMENT, ALLEGATIONS OF STATE OR FEDERAL STATUTORY VIOLATIONS, FRAUD, MISREPRESENTATION, OR SIMILAR CAUSES OF ACTION, AND IN CONNECTION WITH ANY LEGAL ACTION INITIATED FOR THE RECOVERY OF DAMAGES BETWEEN OR AMONG US OR BETWEEN OR AMONG ANY OF OUR OWNERS, AFFILIATES, OFFICERS, EMPLOYEES OR AGENTS.

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